HomeMy WebLinkAboutordinance.council.014-08ORDINANCE NO. ~'~
(Series of 2008)
AN ORDINANCE APPROPRIATING AN INCREASE IN THE ASSET
MANAGEMENT PLAN FUND EXPENDITURES OF $3,479,650, AN INCREASE
IN THE GENERAL FUND OF $3,323,660, AN INCREASE IN THE PARKS FUND
OF $103,200, AN INCREASE IN THE WHEELER FUND OF $1,578,850, AN
INCREASE IN THE PARKING IMPROVEMENT FUND OF $216,480, AN
INCREASE IN THE HOUSING DEVELOPMENT FUND OF $5,413,880, AN
INCREASE IN THE KIDS FIRST FUND OF $97,410, AN INCREASE IN THE
STORMWATER FUND OF $815,900, A REDUCTION IN THE DEBT SERVICE
FUND OF ($75,000), AN INCREASE IN THE PARKS CAPITAL
IMPROVEMENT FUND OF $2,136,990, AN INCREASE IN THE WATER FUND
OF $33,190, AN INCREASE IN THE ELECTRIC FUND OF $729,320, AN
INCREASE IN THE HYDROELECTRIC FACILITY FUND OF $229,690, AN
INCREASE IN THE TRANSPORTATION AND PARKING FUND OF $599,860,
AN INCREASE IN THE GOLF FUND OF $77,000, AN INCREASE IN THE
TRUSCOTT FUND OF $4,320,100, AN INCREASE IN THE MAROLT FUND OF
$24,880, AND AN INCREASE IN THE HOUSING AUTHORITY FUND OF
$8,980.
WHEREAS, by virtue of Section 9.12 of the Home Rule Charter, the City Council may
make supplemental appropriations; and
WHEREAS, the City Manager has certified that the City has unappropriated current year
revenues and/or unappropriated prior yeaz fund balance available for appropriations in
the following funds: ASSET MANAGEMENT PLAN HIND, GENERAL FUND,
PARKS FUND, WHEELER FUND, PARKING IMPROVEMENT FUND, HOUSING
DEVELOPMENT FUND, KIDS FIRST FUND, STORMWATER, DEBT SERVICE
FUND, PARKS CAPITAL IMPROVEMENT FUND, WATER FUND, ELECTRIC
FUND, HYDROELECTRIC FACILITY FUND, TRANSPORTATION AND PARKING
FUND, GOLF FUND, TRUSCOTT FUND, MAROLT FUND, AND THE HOUSING
AUTHORITY FUND.
WHEREAS, the City Council is advised that certain expenditures, revenue and transfers
must be approved.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF ASPEN, COLORADO:
Section 1
Upon the City Manager's certification that there aze current yeaz revenues and/or prior
year fund balances available for appropriation in the: ASSET MANAGEMENT PLAN
FUND, GENERAL FUND, PARKS FUND, WHEELER FUND, PARKING
IMPROVEMENT FUND, HOUSING DEVELOPMENT FUND, KIDS FIRST FUND,
STORMWATER, DEBT SERVICE FUND, PARKS CAPITAL IMPROVEMENT
FUND, WATER FUND, ELECTRIC FUND, HYDROELECTRIC FACILITY FUND,
TRANSPORTATION AND PARKING FUND, GOLF FUND, TRUSCOTT FUND,
MAROLT FUND, AND THE HOUSING AUTHORITY FUND: the City Council hereby
makes supplemental appropriations as itemized in the Attachment A.
Section 2
If any section, subdivision, sentence, clause, phrase, or portion of this ordinance is for
any reason invalid or unconstitutional by any court or competent jurisdiction, such
portion shall be deemed a sepazate, distinct and independent provision and such holding
shall not affect the validity of the remaining portion thereof.
INTRODUCED, READ, APPROVED AND ORDERED PUBLISHED AND/OR
POSTED ON FH2ST READING on the 28th day of April, 2008.
ATTEST: ~
Kathryn S. K ch, ty Clerk Michael C. relan ,Mayo
FINALLY ADOPTED AFTER PUBLIC HEARING on the 12th day of May, 2008.
ATTEST: 9/J ~
Kathryn S ity Clerk 11~chael . Ireland, M yor
Approved as to Form:
John Worcester, City Attorney
Attachment A
Total City of Aspen 2008 Approp riations by Fund
Fund Name Total
Expenditures 8
Transfers Out
2008
Supplemental #1 2008 Amended
Expenditure
Budget
General Government Funds
Asset Management Plan _ __
_ $5,390,630 __
$3,479,650
_ $8,870,280
General Fund $25 458 750 $3 323 660 $28.782.410
Subtotal General Gov't Funds: $30,849,380 58,803,310 $37,652,690
~ecial Revenue Funds
Parks and Open Space $9,524,200 $103,200 $9,627,400
_
Wheeler Opera House _
$3,388,560 $1,578,850 _ $4,967,410
Lodging Tax Fund _$1,330,360 $0 _$1,330,360
__
Parking Improvement Fund
_ $1,528,640
$216,480
$1,745,120
Housing Development $12,307,810 $5,413_,88.0 $17,721,69.0
Early Childhood Educ. Initiative --
AVCF
$347,950
$0
$347,950
Kids First /Yellow Brick $1,780,940 $97,410 $1,878,350
_
Stonnwater Fund ~ 815 900 815 900
Subtotal, Special Rev. Funds: $30,208,460 $8,225,720 $38,434,180
Debt Service Funds _
Debt Service Fund $4.119.480 - 75 000 $4 044.480
Subtotal, Debt Service Funds: 84,119,480 -$75,000 54,044,480
Parks Capital Improvement Fund $2,854,380 $2,136,990 $4,991,370
Enteryrise Funds
Water Utility $10,065,220 _ $33,190 _$_10,098,410
Electric Utility
Hydroelectric Facility $7,418,850
$4,131,560 _ $729,320
$229,690 _ $8,148,170
$4,361,250
Transportation Fund
MunicipalGolfCourse _ $5,106,260
$1,241,320 _ $599,860
$77,000 _ _ $5,706,120
_ $1,318,320
TruscottHousing
Marolt Housing _
$1,723,820
$1 166.480
- $4,320,100
24 88
_ $6,043,920
$1 191.360
.. -- -
Subtotal, Enterprise Funds: -
$30,853,510 $6,014,040 $36,867,550
Internal Service Funds
Health Ins. Internal Service Fund
City Employee Housing Fund
Subtotal, Internal Service Funds: $3,662,430
$1 043.890
54,706,320 _ $0
_ ~
SO $3,662,430
$1,043,890
54,706,320
Trust & Agency Funds
Housing Authority
_ _-
$1,076,700
_ _ _ $8,980
-
$1,085,680
- - _---
SmugglerMountain Fund _
Subtotal, Trust & Agency Funds: _ 76 68_0
$1,153,380 _ ~
$8,980 __ 78.680
$1,162,360
ALL FUNDS: $104,744,910 $23,114,040 $127,858,950
Less Interfund Transfers
EZFUALS NET ALCFUNDS
APPROPRIATIONS: $20,358,760
$84,386,150 $5,351,000
$17,763,040 $25,709,760
$102,149,190