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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 10/17/2006 - FIRST READING OF ORDINANCE NO. 177, 2006, BEING TH ITEM NUMBER: 34 AGENDA ITEM SUMMARY DATE: October 17, 2006 FORT COLLINS CITY COUNCIL STAFF: Darin Atteberry/ Diane Jones SUBJECT First Reading of Ordinance No. 177, 2006,Being the Annual Appropriation Ordinance Relating to the Annual Appropriations for the Fiscal Year 2007; Amending the Budget for the Fiscal Year Beginning January 1, 2007, and Ending December 31, 2007; and Fixing the Mill Levy for Fiscal Year 2007. RECOMMENDATION Staff recommends adoption of the Ordinance on First Reading. FINANCIAL IMPACT This Ordinance amends the City Budget for fiscal year 2007 and represents the annual appropriation for fiscal year 2007 in the amount of$472,620,071. The Ordinance also sets the City mill levy at 9.797 mill, unchanged since 1991. EXECUTIVE SUMMARY This Ordinance amends the adopted 2007 Budget and sets the amount of $472,620,071 to be appropriated for fiscal year 2007. The Net City Budget, which excludes internal transfers between City funds, is $379,328,212 for 2007. The Net City Budget, as amended, is allocated to: Adopted 2007 Amended 2007 Operations $322,633,068 $322,799,201 Debt Service 24,269,655 24,269,655 Capital 26,465,106 32,259,356 This Ordinance also sets the 2007 City mill levy at 9.797 mills, unchanged since 1991. BACKGROUND In November 2005,City Council adopted the 2006-2007 Biennial Budget and appropriated monies for expenditure in fiscal year 2006. State statutes and the City Charter both require an annual appropriation to cover expenses for the ensuing year (2007) based upon the adopted budget. The October 17, 2006 -2- Item No. 34 Second Reading of this ordinance must be completed before the last day of November and is currently scheduled to occur on November 21, 2006. The Appropriation Ordinance makes several changes to the adopted 2006-2007 Budget. The major adjustments included in the ordinance are to balance the General Fund in light of the projected$5.8 Million revenue shortfall. The Appropriation Ordinance also addresses a variety of other changes which reflect relatively minor changes in other City Funds. Finally, some housekeeping changes are included in the ordinance to make adjustments to other funds. A significant adjustment in the Sales Tax Fund is the addition of the revenue from the Building on Basics (BOB) sales tax program. When the 2006-2007 Budget was being considered by Council in 2005, the results of the November 2005 election were not yet known; therefore the receipt of revenue from Building on Basics program was not budgeted in the Sales and Use Tax Fund budget. These revenues are included in the amended 2007 Budget and are therefore reflected in this Appropriation Ordinance. 2007 General Fund Gap: In the originally adopted 2006-2007 Biennial Budget, General Fund revenues for 2007 were projected on the assumption of implementing a proposed Transportation Maintenance Fee and sales taxes increasing by 4% over 2006. Based on the original $2.3 million gap that was to be covered by the Transportation Maintenance Fee(TMF)plus underperforming sales tax collections in the amount of$3.5 million,a$5.8 million shortfall in General Fund revenues was projected. Strategies to Address Funding 2007 General Fund Revenue Gap: As Council has discussed,there are three basic strategies to address the shortfall—seek operational efficiencies throughout the City, reduce expenditure and related services or increase resources to cover expenditures. There can also be some combination of these three approaches. Based on discussion and direction provided by Council during six work sessions, the amended General Fund 2007 Budget includes a"combination"strategy. The recommended strategy includes service and expenditure cuts,organizational efficiencies and new revenues to address the projected $5.8 million 2007 shortfall. The following table (Table 1) describes the current funding gap, the recommended reductions,other General Fund budget issues which must be addressed in 2007,and the recommended new revenue package. At the October 10 Work Session,Council requested that two options to implement a Transportation Maintenance Fee(TMF) and Park Maintenance Fee(PMF)be presented at First Reading of the fee ordinances on November 7. The options (Alternatives 1 and 3) will be developed as two separate ordinances for Council's consideration. In addition, staff will provide information regarding the financial impacts of exempting private schools (k-12) and churches from the Transportation Maintenance Fee. The Appropriation Ordinance reflects Alternative 1, the City Manager's recommended budget. If Council chooses to alter the new revenue strategy when it considers the fee implementation ordinances on November 7, the Appropriation Ordinance can be amended on Second Reading to reflect that change. October 17, 2006 -3- Item No. 34 In accordance with Council direction at the October 10 Work Session, staff has made one modification to the City Manager's recommended service reductions. The reduction offer from the Senior Center was modified to eliminate the cut for the Senior Trips program. The impact of this change is $30,000. Recommendation Summary: The City Manager's recommended budget amendments include the following key items: Table 1 Recom Running mendation Total Revenue Shortfall $ (5,800,000)i $(5,800,000)' (Cost Reductions Reduce Employee Compensation $ 1,000,000 Information Technology Enciencies-C onsolidation $ 250,000 j ....... City Manager's Recommended Reductions $ 3,075,000 r $ 4,325,000 $(1,475,000)'! Additlona12007 Budget Issues: - _ $(3,582,000)1 N11 ew Revenue Transportation Maintenance Fee $ 2,300,000 i _ _ iNew Revenue Parks Maintenance Fee $„ 880,000 ,New Revenue--SW Annexation Taxes and Fees $ 437,000 $ 3,617,000 BALANCED Overview of Service and Expenditure Reductions: The City Manager's recommended General Fund budget for 2007 includes $4.3 million in reductions to services and expenditures. These reductions represent significant changes in several services and significant cost cutting efforts to many other on-going services. $1,000,000 Projected Employee Compensation Increases: The 2007 Budget included projected increases to employee compensation for both Cost of Living increases and for merit/skill increases. This recommended reduction would limit salary increases to COLAs only,absent exceptional circumstances for particular employees.The available funds are projected to provide 2.3% cost of living increases for employees in 2007. $250,000 Information Technology Organizational Efficiencies: The City will undertake a consolidation of Information Technology Services to improve efficiency and the effectiveness of the City's technology resources. $3,075,000 Recommended Service and Expenditure Reductions: A summary of all recommended service and expenditure reductions in Attachment 1. October 17, 2006 -4- Item No. 34 Additional 2007 Budget Issues: In developing the 2007 General Fund Budget Recommendation and the 2007 Appropriations Ordinance, several issues must be addressed and adjustments made to the previously adopted 2007 Budget. These issues were not anticipated when the 2006-07 Budget was adopted. In previous years, revenues that exceeded projections would likely have been available to address these issues in the second year exceptions budget process. With the projected revenue shortfall for 2007,these additional budget issues add to the expected budget shortfall and should be addressed in the context of the overall General Fund budget. Staff recommends funding the following items in the 2007 General Fund Budget. $1,100,000 Additional Transfort Fixed Routes/Dial a Ride: The rapidly rising cost of providing Dial-a-Ride services throughout the Growth Management Area have created an increasingly unsustainable program. Staff has recommended a reduction of$600,000 in current Dial-a- Ride services, while also recommending an increase in fixed route services. These two actions, in combination, will result in a significant change in the community's public transportation system and improve the long-term financial viability of the program. $250,000 Manufactures Use Tax Rebates: For the 2007 Amended Budget,the recommendation is to earmark$250,000 for Use Tax rebates for eligible local manufacturers. $150,000 Natural Gas Cost Increase: Growing costs for Natural Gas will not be accommodated under the 2007 budget funding levels and additional funds will be needed to cover these costs. This volatile cost was recently reevaluated and an additional$150,000 in fuel costs is projected for next year. $170,000 Employee Compensation Corrections: Several adjustments to employee compensation are necessary in 2007 to correct pay inequities that resulted from freezing the pay plan in 2002. Issues include compression between some supervisors and their subordinate employees, new hire employees who are paid at a higher rate than frozen longer term employees,merit increases for some employees to bring them to at least 4%over the pay range minimum,and skill based pay adjustments for some employees are included in these corrections. $437,122 Southwest Annexation An enclave area of approximately 2.7 square miles was recently annexed into the City. Because the resources needed to serve the entire enclave are limited at this point in time, the annexation is to take effect over a period of several years. Pending Council approval, the Phase One portion of the enclave will be recorded and take effect in November 2006. October 17, 2006 -5- Item No. 34 The City will be providing services to the Phase One area. While services, such as Golf, Electric and Stormwater, are directly funded by user fees, other services are funded by a combination of property taxes, sales taxes, and fees. Many of the City's services are currently used by enclave residents and do not trigger additional expenditures. Staff is recommending that all of the new revenue generated from the Phase One Southwest Annexation be allocated toward increasing Police Services. New Revenue Recommendation: Staff recommends that the 2007 General Fund budget be balance by implementing two new special services fees—Parks Maintenance Fee and Transportation Maintenance Fee,and by allocating new revenue from the Southwest Annexation toward Police Services. At the October 10 Work Session, City Council discussed several alternative combinations of new revenue from the TMF and PMF. Council asked for additional information regarding two of the options,Alternative 1 (weighted to TMF)and Alternatives 3 (balanced revenue between TMF and PMF). This Appropriation Ordinance was developed assuming the implementation of Alternative 1, with the majority of the new revenue coming from the TMF. Council will be asked to consider the adoption of the fee ordinances at its November 7 meeting. If Council decides to adopt the Alternative 3 calculations of the fees, the Appropriations Ordinance can be amended to reflect that decision prior to the Second Reading on November 21. Any changes would be reflected in the General Fund and Transportation Fund. Transportation Maintenance Fee Staff recommends that a Transportation Maintenance Fee(TMF)be implemented at the full amount possible with exemptions provided for Government and Public School parcels. The exemptions would eliminate approximately $300,000 in potential revenue. The proposal would also cover the projected$130,000 in administrative costs. These revenues match the assumed TMF revenue which was included in the adopted 2006-2007 Budget. Park Maintenance Fee Staff recommends that the Park Maintenance Fee (PMF) be implemented at a level of$1 Million per year. After administrative costs, rebates and uncollectible delinquencies, the yield to the Parks Maintenance Program will equal approximately$880,000. These revenues will free-up an equal amount of General Fund revenues which are reallocated to other items in the City Manager's Recommended Budget. Southwest Annexation The largest General Fund impact of the Phase One annexation is the need to extend Police service to this area. General Fund revenues from the Phase One area are estimated to be $437,122 in 2007. The City is committing this new revenue from the Phase One area to go toward adding Police personnel for this new service area in Fort Collins. 2007 Budget Exceptions: Attachment 2 provides a summary of the 2007 Budget Exceptions which are included in the Appropriations Ordinance. These budget exceptions represent the significant changes to the 2007 October 17, 2006 -6- Item No. 34 Budget that Council has not yet reviewed as a part of the past budget work sessions. Each of these budget exceptions have an identified funding source. None of these exceptions will affect the overall balancing of the General Fund. Some minor housekeeping changes are included in the ordinance to make minor adjustments to other funds. ATTACHMENTS 1. 2007 General Fund Recommended Budget -Recommended Service and Expenditure Reductions (October 17, 2006) 2. 2007 Budget Adjustment Requests Attachment 1 2007 General Fund Recommended Budget Recommended Service and Expenditure Reductions October 17,2006 Revised Reduction Recommended Offer Reduction City-Wide Reductions Reduce Employee Compensation Adjustments I I $ (1,0001,000) Organizational Efficiencies Information Technology Target $ (250,000) $ (1,250.000) Service Area/Offer Reduction Reduce Funding for Pavement $ (700,000) $ (700,000) Transfort/Dial-A-Ride Dial-A-Ride reduction to FTA and ADA mandates $ (600,000) $ (600,000) Essential Library Services Reduce Library Hours&Services $ (363,780) $ (173,783) Building Systems and Energy Reduced Utilities and Repair and Management Maintenance of General Fund Facilities $ (274,310) $ (161,331 Police 800 MHz Radio Reduce radio replacement funds $ (150,000) $ (150,000) Maintenance of City Owned Hard Trail Maintenance Surface Trails $ (125,000) $ (125,000) Enterprise Resource Planning(ERP) Reduce ERP Equipment Base Services Re lacement $ (131,686) $ (100,000) Community Parks Maintenance Community Parks--Gateway Park $ (206,000) $ (93,910) Senior/Adult Programs- "Ageless and Eliminate Senior/Adult Trips Awesome" (Note: Changed per Oct 10 Work Session) $ (77,900) $ (47,900) Finance Administration and Financial Reduce 1 FIE&telephone Advisory Role for the City $ (77,149) $ (77,149) Customer Services--One Stop Shop Eliminate 1 Admin Assistant $ (69,643) $ (65,453) Urban Renewal Authority Fund with Restricted Revenues $ (62,741) $ (61,290) Payroll Processing Delay PC replacement&reduce other expenses $ (52,000) $ (52,000) Innovative Neighborhood Code Reduce Code Compliance funds Enforcement $ (50,000) $ (50,000) Neighborhood Parks Maintenance Neighborhood Parks $ (65,000) $ (50,000) Northside Aztlan Conintunity Center Northside Aztlan Community $ (49,000) $ (48,990) Lincoln Center Lincoln Center $ (102,351) $ (44,726) Rebate Programs Reduce contractual assistance& program funds $ (86,550) $ (43,275) Community Parks Maintenance Community Parks--Park Maintenance $ (40,000) Traffic Operations FIE,electric,and traffic control equipment reductions $ (81,921) $ (39,286) Special Event Support 4th of Jul $ (37,000) $ (37,000) CLRS Administration Charge CLRS Staff to Other Funds $ (33,252) $ (32,249) 100%Use of Clean Burning Bio-Diesel Eliminate Bio-Diesel Subsidy $ (30,842) $ (30,842), Non-Camera Radar/Red Light Cases Reduce.55 FIE $ (29,600) $ (28,676) 2007 General Fund Recommended Budget Recommended Service and Expenditure Reductions October 17, 2006 Revised Reduction Recommended Offer Reduction Operating and Maintaining City Owned Cemetery Miscellaneous Memorial Parks Reductions $ (19,516) $ (19,516) Regional Planning Organization Reduced UFO contribution Contributions $ (19,500) $ (19,500) Recreation-at-Your-Door(RAD)Van Recreation-at-Your-Door(BAD) Program Van Program $ (19,100) $ (19,100) EPIC: "Liquid and Frozen Assets" Reduce EPIC staff $ (63,000) $ (16,007) Sales&Use Tax Reduce travel audits,delay PC replacement $ (16,200) $ (16,200) Accounts Payable Processing Delay PC replacement&reduce other expenses $ (15,500) $ (15,500) Human Relations Business Partners Reduce 1.0 FTE $ (88,670) $ (14,693) Economic Vitality&Sustainability: Reduce Landmark Rehab Loan Financial Tools Program&Design Assistance Program $ (15,000) $ (15,000) The YAC-Safe Place for IGds Youth Activity Center $ (15,000) $ (15,000) Core Street Maintenance Reduce Streets front desk coverage $ (10,856) $ (10,534) Accounting and Intemal/Extemal Reduce contractual assistance& Financial Reporting Services telephones $ (10,400) $ (10,400) Procurement Process Reduce various expenses $ (10,000) $ (10,000) Harmony Transfer Center Maintenance reductions $ (9,500) $ (9,500) Liquor Licensing Authority Reduce.05 Jude $ (7,125) $ (6,875) Department of Transportation(DOT) Reduce FTE.I I -transfer DOT to Compliance Program Risk M mt $ (5,630) $ (5,457) Natural Resources Administration- Increase Director Charged to Environmental Planning Natural Areas to 75% $ (5,282) $ (5,101) Gardens on Spring Creek and Horticulture Center Community Horticulture Program $ (5,000) $ (5,000) Air Quality Improvement Increase Director Charged to Natural Areas to 75% $ (2,366) $ (2,551) Waste Reduction&Recycling Reduce.52 FTE and Programs $ (68,111) $ (2,042) Camera Radar/Red Light Cases Reduce.10 Jude $ - $ Building Inspection jEhminate 1 Building Inspector $ (89,210) $ (4,245) Recommended Service Area/Offer Reductions: $ (3,075,081) Grand Total,All Recommended Reductions $ (4,325,081) Attachment 2 2007 BUDGET ADJUSTMENT REQUESTS Amount Requested Department Adjustment Requested Ongoing One-time GENERAL FUND REQUESTS Economic Health $50,000 This exception is to support strategies in the Economic Action Plan, specifically related to business communications and implementation of the community branding initiative. Funds will be used for outreach, document design,document printing, and overall marketing. This will be funded from Vendor Fee revenue. Human Resources This is to purchase integrated management system software. $52,910 This software will allow users to manage processes such as: Performance Management,Training & Development, Succession Planning, Recruitment&Selection, and compensation. This will be funded from Human Resources Productivity Savings Reserve. TOTAL $0 $102,910 CAPITAL PROJECTS FUND REQUESTS Capital Projects Project savings in the Capital Projects Fund (from completed $806,265 programs in BCC and original 1/4 cent for Natural Areas) are being transferred to the Natural Areas Fund for future use. Transfers to the Natural Areas Fund could not take place until projects were completed. TOTAL $0 $806,265 COMMUNICATIONS FUND REQUESTS Management Information This is a one-lime appropriation from Communications Fund $85,000 Services reserves for Information Technology. Expected uses of the funds are acquisition of systems and process management software, and temporary services to address peak workloads and technical expertise. Management Information An appropriation from Communications Fund reserves to update $650,000 Services telephone services at the new Police Facility,the Water Treatment Plant,and all PFA sites. Management Information Four major facilities will be completed in 2007. Additional $599,000 Services appropriations are needed for fiber infrastructure expansion, building wiring costs, and wireless infrastructure: Police Services -$500,000, Discovery Museum-$45,000, Spring Canyon- $10,000,and Aztlan Center-$44,000. TOTAL $0 $1,334,000 2007 BUDGET ADJUSTMENT REQUESTS Amount Requested Department Adjustment Requested Ongoing One-time CONSERVATION TRUST FUND REQUESTS Parks Maintenance Shifting a portion of the maintenance of City owned hard surface $125,000 trails from the General Fund Parks Maintenance budget to the Conservation Trust Fund. These funds, from State lottery funds, are provided to the City for open space and trail development as well as open space and trail maintenance. TOTAL $125,000 $0 GOLF FUND REQUESTS Golf Appropriation from Golf Fund reserves to be used for $20,000 unanticipated increases in electricity, natural gas,water, and fuels associated with operations at the City's three golf courses. Golf Shifting a portion of the Administrative Aide from General Fund $8,057 programming to the Golf Fund. Golf Appropriation from Golf Fund reserves to replace two irrigation $25,000 pump stations at the SouthRidge Golf Course. The two original irrigation pump stations need to be replaced prior to the 2007 season. TOTAL $53,057 $0 NATURAL AREAS FUND REQUESTS Natural Areas This request shifts a portion of the Natural Resources Director's $7,648 salary from General Fund programming to the Natural Areas Fund. Natural Areas This request shifts the maintenance of Gateway Mountain Park $96,000 from the General Fund Parks Maintenance budget to the Natural Areas Fund. TOTAL $103,648 $0 NEIGHBORHOOD PARKLAND FUND REQUEST Park Planning Shifting a portion of the CLRS director from General Fund $22,208 programming to the Neighborhood Parkland Fund. TOTAL $22,208 $0 RECREATION FUND REQUEST Recreation The cost to construct and operate the Old Town Ice Rink, $22,500 resulting from the collaborative efforts of the City and DDA, occurred after adoption of the City's 2006-2007 Budget. Appropriations are needed in 2007 for operation of the rink. 2007 BUDGET ADJUSTMENT REQUESTS Amount Requested Department Adjustment Requested Ongoing One-time TOTAL $22,500 $0 SELF INSURANCE FUND REQUESTS Risk Management This item shifts a portion of a position (0.11 FTE)from the $5,630 General Fund Human Resources budget to the Self Insurance Fund to cover administration of the Department of Transportataion certification program. Risk Management This item shifts the Purchasing copier rental expense from $6,000 General Fund Purchasing budgett to the Self Insurance Fund. TOTAL $11,630 $0 TRANSPORTATION SERVICES FUND REQUESTS Parking Services The budget for building maintenance at the Civic Center Parking $150,000 Structure(CCPS)is included in an approved offer submitted by Operations Services. In order to record and report 100% of the operating costs of the CCPS, in accordance with the operating agreement between the City and County,appropriations are needed in the CCPS budget to accommodate the necessary billing arrangement with Operations Services. Parking Services Appropriation needed as a result of a change in an Accounting $25,000 policy regarding collection expenses. TOTAL $175,000 $0 i ORDINANCE NO. 177, 2006 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING THE ANNUAL APPROPRIATION ORDINANCE RELATING TO THE ANNUAL APPROPRIATIONS FOR THE FISCAL YEAR 2007; AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2007, AND ENDING DECEMBER 31, 2007; AND FDGNG THE MILL LEVY FOR FISCAL YEAR 2007 WHEREAS,on November 15,2005,the City Council adopted on second reading Ordinance No. 132,2005, thereby approving a biennial budget for the years beginning on January 1,2006,and January 1, 2007; and WHEREAS, the City Manager has submitted to the Council proposed amendments to the 2007 budget adopted by the Council in Ordinance No. 132, 2005; and WHEREAS, Article V, Section 4, of the City Charter (the "Charter") requires that, before the last day of November of each fiscal year, the Council shall appropriate on a fund basis and by individual project for capital projects and federal or state grant projects, such sums of money as it deems necessary to defray all expenditures of the City during the ensuing fiscal year based upon the budget as approved by the Council; and WHEREAS, Article V, Section 5, of the Charter provides that the annual appropriation ordinance shall also fix the tax levy upon each dollar of the assessed valuation of all taxable property within the City, such levy representing the amount of taxes for City purposes necessary to provide for payment during the ensuing fiscal year for all properly authorized expenditures to be incurred by the City, including interest and principal of general obligation bonds; and WHEREAS, Article XII, Section 6, of the Charter permits the Council to fix, establish, maintain, and provide for the collection of such rates,fees,or charges for water and electricity, and for other utility services furnished by the City as will produce revenues sufficient to pay into the General Fund in lieu of taxes on account of the City-owned utilities such amount as may be established by Council; and WHEREAS, Article V, Section 10, of the Charter authorizes the Council to transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project to another fund or capital project, provided that the purpose for which the transferred funds are to be expended remains unchanged; the purpose for which the funds were initially appropriated no longer exists; or the proposed transfer is from a fund or capital project in which the amount appropriated exceeds the amount needed to accomplish the purpose specified in the appropriation ordinance. NOW,THEREFORE,BE rr ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the Council has reviewed the City Manager's recommended changes to the"2007 Proposed Appropriations"section of the Fort Collins 2006 and 2007 Biennial Budget(the `Biennial Budget'), as shown on pages 33 through 34 of the Operating Budget thereof, a copy of which Biennial Budget is on file with the office of the City Clerk, and hereby amends the Biennial Budget so as to reflect the following changes: 2007 Proposed Appropriations Amount of Existine Adjustments As Amended GENERAL FUND $99,712,237 $(2,302,900) $97,409,337 ENTERPRISE FUNDS Golf $ 2,558,154 $52,812 $2,610,966 Light&Power Operating 85,237,065 85,237,065 Capital: Substation Improvements 281,000 281,000 Total Light & Power 85,518,065 0 85,518,065 Storm Drainage Operating 9,424,557 9,424,557 Capital: Basin Master Planning 75,000 75,000 Canal Importation Basin 5,000,000 5,000,000 Developer Repays 75,000 75,000 Drainage Systems Enhancements 365,000 365,000 Total Storm Drainage 14,939,557 0 14,939,557 Wastewater Operating 17,390,784 17,390,784 Capital: Collection System Replacement 855,000 855,000 Collection System Study 50,000 50,000 Sludge Disposal Improvements 125,000 125,000 Water Reclamation Replacement Program 863,000 863,000 Total Wastewater 19,283,784 0 19283,784 Water Operating 25,175,934 25,175,934 Capital: Distribution System Replacement 735,000 735,000 Halligan Reservoir Expansion 13,758,000 13,758,000 Meter Conversion Program 854,500 854,500 Southwest System Improvements 400,000 400,000 Water Production Replacement Program 500,000 500,000 Water Supply Development 100,000 100,000 Total Water 41,523,434 0 41,523,434 2 TOTAL ENTERPRISE FUNDS $163,822,994 $ 52,812 $163,875,806 INTERNAL SERVICE FUNDS Benefits $25,987,173 $25,987,173 Communications 1,413,982 1,334,000 2,747,982 Equipment 7,060,266 (30,842) 7,029,424 Self Insurance 3,167,263 11,457 3,178,720 Utility Customer Service & Administration 11,747,114 11,747,114 TOTAL INTERNAL SERVICE FUNDS $49,375,798 $1,314,615 $50,690,413 SPECIAL REVENUE &DEBT SERVICE FUNDS Capital Improvement Expansion Fund $ 490,507 $490,507 Capital Leasing Corporation 5,730,934 5,730,934 Cemeteries 651,677 (26,178) 625,499 Cultural Services &Facilities 4,003,963 (83,612) 3,920,351 Debt Service 1,348,081 1,348,081 General Employees'Retirement 2,602,110 2,602,110 Natural Areas Fund 10,663,044 124,189 10,787,233 Perpetual Care 73,612 73,612 Recreation 7,744,198 (168,199) 7,575,999 Sales &Use Tax 73,158,152 2,737,210 75,895,362 Special Assessments Debt Service 0 0 Street Oversizing 5,137,336 5,137,336 Transit Services 8,880,215 743,163 9,623,378 Transportation Services 26,975,620 52( 3,520) 26,452,100 TOTAL SPECIAL REVENUE&DEBT SERVICE FUNDS $147,459,449 $2,803,053 $150,262,502 CAPITAL IMPROVEMENT FUNDS General City Capital City Bridge Program $300,000 $300,000 Spring Canyon Community Park 29,070 29,070 Total General City Capital $329,070 0 $329,070 1/4 Cent BCC - Streets and Transportation Mason Transportation Corridor 1,000,000 0 1,000,000 Total 1/4 Cent BCC - Streets and Transportation $1,000,000 0 $1,000,000 1/4 Cent Natural Areas Capital 3 Transfer to Natural Areas Fund 608,171 608,171 Total 1/4 Cent Natural Areas Capital $ $608,171 $608,171 1/4 Cent BCC-Natural Areas &Parks Capital Transfer to Natural Areas Fund 198,094 198,094 Total 1/4 Cent BCC-Natural Areas &Parks Capital $ $198,094 $198,094 1/4 Cent Building on Basics Administration 0 $50,000 $50,000 Fort Collins Museum/Discovery Science Center Joint Facility 0 5,433,750 5,433,750 Pedestrian Plan and ADA Improvements 0 310,500 310,500 Total 1/4 Cent Natural Areas and Parks 5 794 250 $5,794,250 Conservation Trust Fund Administration $ 290,612 $ 290,612 Fossil Creek Trail 50,000 50,000 Open Space Acquisition 10,000 10,000 Trail Acquisition,Development &Repair 240,100 240,100 Transfer to General Fund-Parks Maintenance 521,685 125,000 646,685 Tri-City Trails 30,000 30,000 Total Conservation Trust Fund $1,142,397 $125,000 $1,267,397 Neighborhood Parkland Fund Administration $ 343,606 21,425 $ 365,031 Golden Meadows Park 100,000 100,000 Lee Martinez Park Addition 75,000 75,000 New Park Site Acquisition 150,000 150,000 New Park Site Development 150,000 150,000 Old Fort Collins Heritage Park 50,000 50,000 Park Site Equipment 15,000 15,000 Provincetowne Park 130,000 130,000 Richards Lake Park 100,000 100,000 Trail Head Park 50,000 50,000 Total Neighborhood Parkland Fund $1,163,606 $21,425 $1,185,031 TOTAL CITY FUNDS $464,005,551 $8,614,520 $472,620,071 4 Section 2. &pronriations. That there is hereby appropriated out of the revenues of the City of Fort Collins,for the fiscal year beginning January 1,2007,and ending December 31,2007,the sum of FOUR HUNDRED SEVENTY-TWO MILLION SIX HUNDRED TWENTY THOUSAND SEVENTY-ONE DOLLARS ($472,620,071) to be raised by taxation and otherwise, which sum is deemed by the Council to be necessary to defray all expenditures of the City during said budget year, to be divided and appropriated for the purposes shown in Section 1 above. Section 3. Mill Levy. a. That the 2007 mill levy rate for the taxation upon each dollar of the assessed valuation of all the taxable property within the City of Fort Collins as of December 31,2006,shall be 9.797 mills, which levy represents the amount of taxes for City purposes necessary to provide for payment during the aforementioned budget year of all properly authorized expenditures to be incurred by the City, including interest and principal of general obligation bonds. b. The City Clerk shall certify this levy of 9.797 mills to the County Assessor and the Board of Commissioners of Larimer County,Colorado,in accordance with the applicable provisions of law, as required by Article V, Section 5, of the Charter of the City of Fort Collins. Introduced, considered favorably on first reading, and ordered published this 17th day of October,A.D. 2006, and to be presented for final passage on the 21 st day of November, A.D. 2006. Mayor ATTEST: City Clerk Passed and adopted on final reading this 21st day of November, A.D. 2006. Mayor ATTEST: City Clerk 5