HomeMy WebLinkAboutordinance.council.058-86 ORDINANCE NO. ~
(Series of 1986)
AN ORDINANCE RECOGNIZING GENERAL FUND REVENUE OF $37,700; APPROP-
RIATING GENERAL FUND EXPENDITURES OF $95,200; TRANSFERRING $2,000
FROM THE GENERAL FUND TO THE WHEELER TRANSFER TAX FUND; TRANS-
FERRING $4,000 FROM THE GENERAL FUND TO THE ICE GARDEN FUND;
TRANSFERRING $115,000 FROM THE GENERAL FUND TO THE LODGE AREA
SPECIAL IMPROVMENT DISTRICT CAPITAL PROJECTS FUND; RECOGNIZING
LAND FUND REVENUE OF $210,000; APPROPRIATING LAND FUND EXPENDITURES
OF 225,000; TRANSFERRING $4,000 FROM THE LAND FUND TO THE GENERAL
FUND; TRANSFERRING $100,000 FROM THE LAND FUND TO THE WHEELER
TRANSFER TAX FUND; TRANSFERRING $15,000 FROM THE LAND FUND TO THE
1985 SALES TAX REFUNDING DEBT SERVICE FUND; RECOGNIZING WHEELER
TRANSFER TAX FUND REVENUES OF $28,000; APPROPRIATING WHEELER
TRANSFER TAX FUND EXPENDITURES OF $28,000; RECOGNIZING ASSET
REPLACEMENT FUND REVENUE OF $302,650; APPROPRIATING ASSET REPLACE-
MENT FUND EXPENDITURES OF $302,650; TRANSFERRING $3,000 FROM
THE WATER FUND TO THE GENERAL FUND; RECOGNIZING GOLF COURSE FUND
REVENUES OF $10,000; APPROPRIATING GOLF COURSE FUND EXPENSES OF
$10,000; TRANSFERRING $27,000 FROM THE EMPLOYEE RETIREMENT FUND
TO THE GENERAL FUND; APPROPRIATING LODGE AREA SPECIAL IMPROVEMENT
DISTRICT CAPITAL PROJECTS FUND EXPENDITURES OF $31,800;
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 available for appropriation
in the General Fund; Land Fund; Wheeler Transfer Tax Fund; Asset
Replacement Fund; 1985 Sales Tax Refunding Debt Service Fund; Water
Fund; Golf Course Fund; Ice Garden Fund; Employee Retirement
Fund; and Lodge Area Special Improvement District Capital Projects
Fund; and
WHEREAS, the City Council is advised that certain expendi-
tures, revenues 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 are current
year revenues available for appropriation in the General Fund,
Land Fund, Wheeler Transfer Tax Fund, Asset Replacement Fund,
1985 Sales Tax Refunding Debt Service Fund, Water Fund, Golf
Course Fund, Ice Garden Fund, Employee Retirement Fund, and Lodge
Area Special Improvement District Capital Projects Fund, the City
Council hereby makes supplemental appropriations as itemized in
Exhibit "A" attached.
Section 2
If any section, subsection, sentence, clause, phrase or
portion of this ordinance is for any reason held invalid or
unconstitutional by any court of competent jurisdiction, such
portion shall be deemed a separate, distinct and independent
provision and such holding shall not affect the validity of the
remaining portion thereof.
Section 3
A public hearing on the ordinance shall be held on the
~ ~ ~ /.~. 1986, at 5:00 p.m. in the
,~l~_~ day of ~C~?~c~ ~ ~ ,
City Council Chamber, Aspen City Hall, Aspen, Colorado.
INTRODUCED, READ AND ORDERED published as provided by law by the
City Council of the City of Aspen, Colorado, at its regular
/
meeting held at the City of Aspen,~~~'h~'' ~'J~__ , 1986.
William Stirling, Mayor
ATTEST:
Kathryn Koch, City Clerk
FINALLY adopted, passed and approved on the ~k_ day of
William Stirling, Mayor
ATTEST:
//
Kathryn ~och, City Clerk
E X H I B I T "A"
GENERAL FUND
Rev e nues
Planning
Joint Revenue (7,000)
Police
Traffic Fines (30,700)
Total Revenues (37,700)
Expenditures
City Clerk
Telephone Fees 35,000
Planning
Operating Expenditures 7,000
Police
Operating Expenditures 30,700
Employee Housing
MacArther House 22,500
(Repairs & improvements)
Total Expenditures 95,200
Transfers
To Wheeler Transfer Tax Fund 2,000
(Accounting entry)
To Ice Garden Fund 4,000
(Fund subsidy)
To Lodge Area Special Improve-
ment District Capital Projects
Fund 115,000
(Accounting entry)
From Land Fund (4,000)
(Administrative allocation)
From Water Fund (3,000)
(Administrative allocation)
From Employee Pension Fund (27,000)
(Accounting entry)
Total Transfers 87,000
Rev e nue s
Note Proceeds (100,000)
(Red Roof Inn Furniture)
Contribution (35,000)
( Shadow Mountain)
Reimbursement of Expense (75,000)
(Nordic Council Piston Bully)
Total Revenues (210,000)
Expenditures
Red Roof Inn 115,000
(Furniture, Roof and Utilities)
Contribution 35,000
(Shadow Mountain)
Lease Purchase 60,000
(Nordic Council Piston Bully)
Debt Service 15,000
(Nordic Council Piston Bully)
Total Expenditures 225,000
T~ansfers
To General Fund 4,000
(Administrative allocation)
To Wheeler Transfer Tax Fund 100,000
(Debt Service subsidy)
To 1985 Sales Tax Refunding
Debt Service Fund 15,000
(Accounting entry)
Total Transfers 119,000
WHEELER TRANSFER TAX FUND
Rev enue s
Lease Purchase (28,000)
(Computer Equipment)
Total Revenues (28,000)
Expenditures
Lease Purchase 28,000
(Computer Equipment )
Total Expenditures 28,000
Exhibit "A" cont.
WHEELER TRANSFERS TAX FUND
Transfers
From General Fund (2,000)
(Accounting entry)
From Land Fund (100,000)
(Debt Service subsidy)
Total Transfers (102,000)
ASSET REPLACEMENT FUND
Revenue s
Lease Purchase (83,000)
(Police Radios)
County Share Data Processing (219,650)
(Computer equipment)
Total Revenues (302,650)
Expenditures
Police 83,000
(Radios)
Data Processing 219,650
(Computer Equipment)
Total Expenditures 302,650
1985 SALES TAX REFUNDING DEBT SERVICE FUND
Transfers
From Land Fund (15,000)
(Accounting entry)
Total Transfers (15,000)
WATER FUND
Transfers
To General Fund 3,000
(Administrative allocation)
Total Transfers 3,000
GOLF COURSE FUND
Revenue s
Greens fees (10,000)
Total Revenues (10,000)
Expenses
Operating expenses 10,000
Total Expense 10,000
ICE GARDEN FUND
Transfers
From General Fund (4,000)
(Fund subsidy)
Total Transfers (4,000)
EMPLOYEE RETIREMENT FUND
Transfers
To General Fund 27,000
(Accounting Entry)
Total Transfers 27,000
LODGE AREA SPECIA~ IMPROVEMENT DISTRICT CAPITA~ PROJECTS FUND
Expenditures
Construction fees 31,800
Total Expenses 31,800
Transfers
From General Fund (115,000)
(Accounting Entry)
Total Transfers (115,000)