HomeMy WebLinkAboutordinance.council.051-88 ORDINANCE NO. ~/
(Series of 1988)
AN ORDINANCE RECOGNIZING GENERAL FUND REVENUES OF $119,700;
APPROPRIATING GENERAL FUND EXPENDITURES OF $211,454; REDUCING
GENERAL FUND EXPENDITURES OF $49,600; RECLASSIFYING PREVIOUSLY
APPROVED EXPENDITURES WITHIN THE GENERAL FUND OF $11,315;
TRANSFERRING $49,600 FROM THE GENERAL FUND TO THE WHEELER
TRANSFER TAX FUND; TRANSFERRING $358,000 FROM THE GENERAL FUND TO
THE PARKING IMPROVEMENT CAPITAL PROJECT FUND; RECOGNIZING LAND
FUND REVENUES OF $187,000; APPROPRIATING LAND FUND EXPENDITURES
OF $34,000; TRANSFERRING $20,000 FROM THE LAND FUND TO THE
GENERAL FUND; RECOGNIZING WHEELER TRANSFER TAX FUND REVENUES OF
$10,000; APPROPRIATING WHEELER TRANSFER TAX FUND EXPENDITURES OF
$59,600; APPROPRIATING 1985 SALES TAX REFUNDING REVENUE DEBT
SERVICE FUND EXPENDITURES OF $1,000; RECOGNIZING GALENA STREET
CAPITAL IMPROVEMENT PROJECT FUND REVENUES OF $11,000;
APPROPRIATING GALENA STREET CAPITAL IMPROVEMENT PROJECT FUND
EXPENDITURES OF $11,000; APPROPRIATING PARKING IMPROVEMENT
CAPITAL PROJECT FUND EXPENDITURES OF $358,000; RECOGNIZING 1988
UNDERGROUNDING DISTRICT CAPITAL PROJECT FUND REVENUES OF 280,000;
APPROPRIATING 1988 UNDERGROUNDING DISTRICT CAPITAL PROJECT FUND
EXPENDITURES OF $330,000; TRANSFERRING $30,000 FROM THE 1988
UNDERGROUNDING DISTRICT CAPITAL PROJECT FUND TO THE 1988
UNDERGROUNDING DISTRICT DEBT SERVICE FUND; APPROPRIATING WATER
FUND EXPENSES OF $19,000; RECOGNIZING ELECTRIC FUND REVENUES OF
$16,000; APPROPRIATING ELECTRIC FUND EXPENSES OF $32,700;
REDUCING ELECTRIC FUND EXPENSES OF $310,000; TRANSFERRING
$80 ,000 FROM THE ELECTRIC FUND TO THE 1988 UNDERGROUNDING
DISTRICT CAPITAL PROJECTS FUND; APPROPRIATING RUEDI FUND
EXPENSES OF $140,000; RECOGNIZING ASPEN/PITKIN WATER TRUST FUND
REVENUES OF $20,000;
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; 1985
Sales Tax Refunding Revenue Debt Service Fund; 1988
Undergrounding District Debt Service Fund; Galena Street Capital
Improvement Project Fund; Parking Improvement Capital Project
Fund; 1988 Undergrounding District Capital Project Fund; Water
Fund; Electric Fund; Ruedi Fund; and Aspen/Pitkin Water Trust
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, 1985 Sales Tax Refunding
Revenue Debt Service Fund, 1988 Undergrounding District Debt
Service Fund, Galena Street Capital Improvement Project Fund,
Parking Improvement Capital Project Fund, 1988 Undergrounding
District Capital Project Fund, Water Fund, Electric Fund, Ruedi
Fund, and Aspen/Pitkin Water Trust 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 hearin~ on the ordinance shall be held on the
/~4~ day of ~ , 1988, at 5:00 p.m. in the
City Council Chamber, Aspen City Hall, Aspen, Colorado.
INTRODUCED, READ AM 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,_~~-4';~-~ ~ , 1988.
William Stirling, Mayor
ATTEST:
Kathryn Koch, City Clerk
FINALLY adopted, passed and approved on the /~day of
William Stirling, Mayor
ATTE ST:
EXHIBIT "A"
GENERAL FUND
Revenues
City Manager
CCLC Administration (10,000)
(Accounting Entry)
City Clerk
Xerox Charge Outs (32,000)
(Accounting Entry)
City Attorney
Settlement (13,700)
Building
Building Permits (22,000)
(Increased Activity)
Finance
Property Tax Agent Fees (7,000)
(Accounting Entry)
Interest Income (12,000)
Police
CCLC - Mall Patrol (10,000)
(Accounting Entry)
Streets
Dept Charge Outs (3,000)
(Accounting Entry)
Recreation
Tennis (2,000)
(Increased Activity)
Day Care (8,000)
(Increased Activity)
Total Revenues (119,700)
Exhibit "A" cont.
GENERAL FUND
Expenditures
Contributions
Coors Classic 1,300
Arts Contribution (49,600)
(Accounting Entry)
City Council
Reclassify Contingency (11,315)
Funds
Council Chamber Chairs 500
(Contingency Fund)
Commercial Core and Lodging Commission
Administrative Expense 20,000
(Accounting Entry)
City Manager
Personnel 1,200
(Cafeteria Benefit Plan)
Wages 8,500
(Accounting Entry)
City Hall 17,000
City Clerk
Xerox Charge Outs 32,000
(Accounting Entry)
Election Advertising 600
(Contingency Fund)
City Attorney
Operating Expense 13,700
Finance
Professional Fees - 7,000
Property Tax
(Accounting Entry)
Professional Fees 3,000
(Debt Service Admin.)
Printing and Publishing 2,000
(1989 Budget document)
Exhibit "A" cont.
GENERAL FUND
Planning
Printing and Publishing 3,000
(Dept Request)
Engineering
Independence Pass 300
(Contingency Fund)
Building
Operating Expenses 22,000
(Increased Activity)
Housing
Enforcement Program 9,915
(Contingency Fund)
1987 Housing Survey 4,154
Municipal Court
Printing 3,500
(Parking Tickets)
Streets
Vehicle Maintenance 3,000
(Accounting Entry)
Parks
Water Meters 20,000
Data Processing
Maintenance Contract 5,100
(Increased Activity)
Recreation
Tennis 2,000
Day Care 8,000
Capital Improvement Projects
Snow melt project 10,000
(Dept Request)
Parking Structure 25,000
(Correct Ordinance 29)
Total Expenditures 161,854
Exhibit "A" cont.
GENERAL FUND
Transfers
To Wheeler Transfer Tax Fund 49,600
(Accounting Entry)
To Parking Improvement 358,000
Capital Project Fund
(Rio Grande Parking Structure)
From Land Fund (20,000)
(Water Meters/Parks Dept)
387,600
Total Transfers
LAND FUND
Revenues
Sales Tax (148,000)
(Accounting Entry)
Contributions (4,000)
(PCPA)
Red Roof (35,000)
(Rent)
(187,000)
Total Revenues ....
Expenditures
Red Roof 30,000
Easements 4,000
(PCPA Contributions)
Total Expenditures 34,000
Transfers
To General Fund 20,000
(Water Meters/Parks Dept)
Total Transfers 20,000
Exhibit "A" cont.
WHEELER TRANSFER TAX FUND
Revenues
Concessions (10,000)
(Increased Activity)
(10,000)
Total Revenues
Expenditures
Contributions 49,600
(Accounting Entry)
Concessions 10,000
(Increased Activity)
Total Expenditures 59,600
Transfers
From General Fund (49,600)
(Accounting Entry)
(49,600)
Total Transfers
1985 SALES TAX REFUNDING REVENUE DEBT SERVICE FUND
Expenditures
Professional Fees 1,000
(Debt Service Admin.)
Total Expenditures 1,000
1988 UNDERGROUNDING DISTRICT DEBT SERVICE FUND
Transfers
From the 1988 Undergrounding
District Capital Project Fund (30,000)
(Accounting Entry)
Total Transfers (30,000)
GALENA STREET CAPITAL IMPROVEMENT PROJECT FUND
Revenues
Citizen Contributions 11,000
Total Revenues 11,000
Exhibit "A" cont.
GALENA STREET CAPITAL IMPROVEMENT PROJECT FUND
Expenditures
Construction Fees 11,000
Total Expenditures 11,000
PARKING IMPROVEMENT CAPITAL PROJECT FUND
Expenditures
Rio Grande Parking Structure 358,000
Total Expenditures 358,000
Transfers
From General Fund (358,000)
(Rio Grande Parking Structure)
(358,000)
Total Transfers
1988 UNDERGROUNDING DISTRICT CAPITAL PROJECT FUND
Revenues
Bond Proceeds (280,000)
(Accounting Entry)
Total Revenues (280,000)
Expenditures
Construction expense 330,000
(Accounting Entry)
Total Expenditures 330,000
Transfers
From Electric Fund (80,000)
(Accounting Entry)
To 1988 Electric Undergrounding
Debt Service Fund 30,000
(Accounting Entry)
Total Transfers (50,000)
Exhibit "A" cont.
WATER FUND
Expenses
Vacation and sick Time 19,000
(Accounting Entry)
19,000
Total Expenses ======
ELECTRIC FUND
Revenues
(16,000)
Ruedi Participation
(16,000)
Total Revenues ======
Expenses
Galena Street improvement 9,700
District
Vacation and sick Time 19,000
(Accounting Entry)
Undergrounding District (310,000)
(Accounting Entry)
Overtime 4,000
(Dept Request)
(277,300)
Total Expenses =======
Transfers
To 1988 undergrounding District
Capital Project Fund 80,000
(Accounting Entry)
80,000
Total Transfers ======
RUEDI FUND
Expenses
Profit Distribution 140,000
140,000
Total Expenses =======
Exhibit "A" cont.
ASPEN/PITKIN WATER TRUST FUND
Revenues
Contributions 20,000
Total Revenues 20,000