HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 11/21/2006 - SECOND READING OF ORDINANCE NO. 177, 2006, BEING T ITEM NUMBER: 26
AGENDA ITEM SUMMARY DATE: November 21, 2006
FORT COLLINS CITY COUNCIL STAFF: Darin Atteberry
Diane Jones
Ann Turnquist
SUBJECT
Second 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 Second 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$473,456,338. The Ordinance also sets the City mill levy at
9.797 mill,unchanged since 1991.
EXECUTIVE SUMMARY
State statutes and the City Charter both require an annual appropriation to cover expenses for the
ensuing fiscal year(2007) based upon the adopted budget. The Second Reading must be adopted
before the last day of November.
On October 17, 2006, City Council approved the recommended changes to the 2007 budget and
approved the 2007 Appropriation Ordinance on First Reading by a vote of 5-2 (Nays: Brown,
Kastein). With Second Reading of the Ordinance, there is an adjustment that takes into account
changes in the new Special Services Fee(Transportation Maintenance Fee and the Community Parks
Maintenance Fee) revenues approved by Council on First Reading on November 7, 2006.
The Net City Budget of$379,328,212 for 2007,which excludes transfers,remains the same as was
included in First Reading of this Ordinance.
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,M6
November 21, 2006 -2- Item No. 26
BACKGROUND
The Amended 2007 Budget and the Annual Appropriation Ordinance reflect several changes to the
adopted 2006-2007 Budget. The majority of adjustments are to balance the General Fund in light
of the projected $5.8 million revenue shortfall and additional budget issues such as expanded
Transfort Fixed Routes and restructuring of Dial-a-Ride services, extension of City services for the
Southwest Annexation, and earmarking monies for the Manufacturers' Use Tax Rebate.
General Fund cost reductions included reduced employee compensation, Information Technology
efficiencies and consolidation, and over$3.0 million in numerous service reductions.
To avoid further service cuts, two new special services fees are reflected in the budget that will
provide approximately $3.15 million in revenue for 2007. Additionally, new revenues from the
Southwest Annexation are to be allocated toward Police Services.
2007 REVENUE ADJUSTMENTS
The annual appropriation ordinance is being adjusted on Second Reading to reflect changes made
to the Transportation Maintenance Fee and Park Maintenance Fee on November 7, 2006. The fees
approved by Council are:
Special Services Fees
Effective January 1 2007
Transportation Maintenance Fees:
Institutional $16.44 Per Acre
Industrial $13.09 Per Acre
High Traffic Retail $125.11 Per Acre
Retail $51.65 Per Acre
Commercial $16.44 Per Acre
Residential $1.06 Per Dwelling Unit
Community Park Maintenance Fee:
Residential $2.76 Per Dwelling Unit
The total net revenue from the new special services fees will equal approximately$3.15 million per
year. The TMF revenue will be allocated to the Pavement Management Program and the CPMF
revenue will be allocated to the maintenance of City Parks. General Fund resources have also been
adjusted to reflect the impact of the Special Service fees on the General Fund.
Transportatio Park
n Maintenance Maintenance Total
Fee Fee
New Revenue $1 736 568 $1 686,722 $3 423,290
Exemptions $<272,835> n/a $<272 835>
Net Revenue $ 1,463,733 $1 686 722 $3 150 455
November 21, 2006 -3- Item No. 26
2007 SERVICE ADJUSTMENTS
To recap, funding has been included in the amended 2007 General Fund Budget for several items:
$1,100,000 Additional Transfort Fixed Routes/Dial a Ride:
Reduces Dial-a-Ride services to the Americans for Disabilities (ADA) services levels and curtails
night services. Offsetting the changes, the $1.1 million appropriation adds three new fixed routes
on Harmony,Timberline and East Prospect. The expanded fixed route service is accompanied with
the mandatory DAR service within 3/4 miles of the fixed routes.
$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:
The volatility and growing costs for Natural Gas could not be accommodated under the 2007 budget
funding levels and additional funds are added to cover these costs.
$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.
$437,122 Southwest Annexation
An enclave area of approximately 2.7 square miles was recently annexed into the City. 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. All of the new revenue generated from the Phase One
Southwest Annexation is allocated toward increasing Police Services.
Dial-a-Ride/Paratransit Service
The 2007 budget as approved on First Reading October 17 includes changes to Transfort/Dial-a-
Ride(DAR) Services. Due to the increasing demand for DAR and its high cost per trip,the budget
reduces the service levels to the Americans with Disabilities Act (ADA) service levels. This will
reduce the service coverage area from the current Growth Management Area, to the Federally
required minimum of 3/4 miles from the fixed routes. Also, night service would be curtailed and
the fare and eligibility policies changed to match the ADA standards. Offsetting these changes,the
budget appropriates an additional $1,100,000 for three new fixed routes on Harmony, Timberline,
and East prospect. The expanded fixed route service is accompanied with the mandatory DAR
service within 3/4 miles. These changes in service will help to control the cost growth while
providing much more actual transit service to the public in accordance with the Transfort strategic
plan.
November 21, 2006 -4- Item No. 26
At the October 17 meeting, Councilmembers requested that staff work with Larimer County,non-
profit organizations,and DAR users to seek alternative solutions to City operated DAR services for
those patrons who would lose service under the new ADA minimum service area. On November
2, Transportation Services staff sponsored a focus group meeting to begin the process of engaging
these groups. There were 15 attendees including staff and a Council member. There was
consensus that the attendees could be the foundation for a steering committee. The notion is that
everyone would digest the information, return to their organizations, and recommend additional
participants. A subsequent steering committee would be called for the task of organizing a Dial-a-
Ride "Summit", which would be a public meeting. Consequently, at the time of final budget
adoption this will still be a work in progress. The second meeting has been scheduled for December
1, 2006.
The City Council also requested staff to investigate the possibility of using one-time funds to extend
DAR service outside the new service area to allow time for users to find alternatives to the City
provided service. Presently approximately 85 present active users would reside outside the new
service area. The budget assumes that the three new fixed routes would begin service on January
1,2007. However,on closer analysis of the service plan it has become apparent that equipment,bus
stops, and other needs make full implementation on January 1 a significant challenge. Transfort
is prepared to start the Harmony immediately in 2007. Amore reasonable target for the Timberline
and East Prospect routes is March 2007. This two month period would allow $60,000 to be
available for DAR alternatives without any additional appropriation.
In conjunction with the November 21 Council agenda packet,a separate staff memorandum will be
sent to Council that presents possible options for providing some level of service until alternatives
can be examined for current DAR riders that will lose service.
Conservation Trust Fund:
Council asked for some additional information regarding the options that may be available to the
City for shifting the use of Conservation Trust Fund revenue from capital projects and trail
development toward trail maintenance. CLRS staff and Natural Resources staff have developed
more detailed information for Council's consideration. A memorandum is provided under separate
cover as part of the November 16 Council Thursday Packet.
ITEM NUMBER: 34
AGENDA ITEM SUMMARY DATE: October 17, 2006
FORT COLLINS CITY COUNCIL STAFF: Darin Atteberry/
Diane Jones
w
SUBJECT
JL
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 Cit udg r fisc 2 7 presents the annual appropriation
for fiscal year 2007 in the am t off 620 1 e Ord ance also sets the City mill levy at
9.797 mill, unchanged since 19
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 2 7 Cit} 11jepYnchanged 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 in ve pt 2006-2007 Budget. The major
adjustments included in the or ance o bal c e en 1 and in light of the projected$5.8
Million revenue shortfall. Th ppro tion di cc also dresses a variety of other changes
which reflect relatively minor c s in C unds. lly, 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 20 .
Based on the original $2.3 mil n gap t wa o covere y the Transportation Maintenance
Fee(TMF)plus underperformin t cti in the nt 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 e.
At the October 10 Work Sessi Counc eque Cl at two o ons to implement a Transportation
Maintenance Fee(TMF) and P me e MF)b sented 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 to f T ' 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 1
mendation Total
.,w-_-�--
Revenue Shortfall $ (5,800,000) $ (5,800,000);
;Cost Reductions:
Reduce Employee Compensation $ 1 001
_.._._
Information Technology Efficiencies/Consolidation $ 250,000
- --._-
j City Manager's Recommended Reductions ; $ 3,075,000
$ 4,325,000 $(1,475,000)
Additional 2007 Budget Issues: $ t _ —
ge (2,107,000)`
Y't
$(3,582,000)
New Revenue ---- tion a' Hance ee 6 000
iNew Revenue--Pazks tenan a ee Q 000
_.
New Revenue SW Anne axe a 7,000
_$ _ ...._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
exceptio MINech
e oyees. The available funds are
project toc oivi creasesforemployeesin 2007.
$ 250,000 Informa aniza ' 1 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 GenCantici
ati and the 2007 Appropriations
Ordinance, several issues mus d an d st nt a to the previously adopted 2007
Budget. These issues were n d w e 006-0 Budget was adopted. In previous
years, revenues that exceededns 1' have 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 y r
$250,000 Man uf tures Tax a es:
For the 2 e d the re endation 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 to to fo a employees to bring them to
at least o overt pay r g i d skill based pay adjustments for
some loyees a incl e m these ections.
$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 add' ' eex
Staff is recommending that a of the w r pngenerat from the Phase One Southwest
Annexation be allocated towar in cees.
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 t(ading
a in can be amended to reflect that
decision prior to the Second o Nov b 2 A anges would be reflected in the
General Fund and TransportaFund.
.°
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 Annexatio
The largest General F impac f the a ' neYthatse
n is the need to extend Police
service to this area. Ge un u om 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 ch es are ruded t or n 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
ORDINANCE NO, 1775 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 , 20079 AND ENDING
DECEMBER 31 , 2007 ; AND FIXING 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 IT 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
Existing Adjustments As Amended
GENERAL FUND $99,7129237 0) $97 , 7
$( 1 ,466,633 ) $98524504
ENTERPRISE FUNDS
Golf $ 2 ,5589154 $ 52, 812 $29610,966
Light & Power Operating 8552371065 851237,065
Capital :
Substation Improvements 2814000 281 ,000
Total Light & Power 85 ,518 ,065 0 85 , 51U65
Storm Drainage Operating 91424,557 99424,557
Capital :
Basin Master Planning 75 ,000 75 ,000
Canal Importation Basin 510001000 5100000
Developer Repays 7500 755000
Drainage Systems Enhancements 365 ,000 3655000
Total Storm Drainage 14, 939, 557 0 14,939,557
Wastewater Operating 1713905784 179390,784
Capital :
Collection System Replacement 8551000 855 ,000
Collection System Study 505000 509000
Sludge Disposal Improvements 12500 125 ,000
Water Reclamation Replacement Program 8634000 863 ,000
Total Wastewater 19 ,283 ,784 0 19 ,283J84
Water Operating 2511755934 259175 ,934
Capital :
Distribution System Replacement 735 ,000 735 ,000
Halligan Reservoir Expansion 1317589000 1317585000
Meter Conversion Program 854,500 854,500
Southwest System Improvements 400,000 400,000
Water Production Replacement Program 5001000 500,000
Water Supply Development 100,000 IM000
Total Water 41 , 5235434 0 411523j434
2
TOTAL ENTERPRISE FUNDS $ 163 , 822,994 $ 52 , 812 $ 163 , 875 , 806
INTERNAL SERVICE FUNDS
Benefits $25 ,9871173 $25 ,9871173
Communications 114131982 113349000 257471982
Equipment 79060,266 (30, 842) 7902%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 $491375 , 798 $ 14314,615 $50,690,413
SPECIAL REVENUE & DEBT SERVICE FUNDS
Capital Improvement Expansion Fund $ 4901507 $4909507
Capital Leasing Corporation 51730,934 59730,934
Cemeteries 651 ,677 (26, 178) 625 ,499
Cultural Services & Facilities 41003 ,963 (83 ,612) 319205351
Debt Service 113481081 113489081
General Employees' Retirement 2, 602, 110 2,602, 110
Natural Areas Fund 10, 663 ,044 124, 189 10, 787,233
Perpetual Care 731612 73 ,612
Recreation 757441198 ( 168 , 199) 795755999
Sales & Use Tax 739158 , 152 21737,210 759895 ,362
Special Assessments Debt Service 0 0
Street Oversizing 51137 ,336 55137 ,336
Transit Services 81880,215 7435163 916235378
Transportation Services 26,975 ,620 (523 ,520) 26,452, 100
TOTAL SPECIAL REVENUE & DEBT
SERVICE FUNDS $ 147 ,459 ,449 $2, 803 ,053 $ 1504262,502
CAPITAL IMPROVEMENT FUNDS
General City Capital
City Bridge Program $3009000 $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 11000, 000 0 14000,000
Total 1 /4 Cent BCC - Streets and Transportation $ 11000 , 000 0 $ 1 ,000,000
1 /4 Cent Natural Areas Capital
Transfer to Natural Areas Fund 608 , 171 608 , 171
3
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 $ 5000 $ 5 AO
Fort Collins Museum/Discovery Science
Center Joint Facility 0 51433 ,750 514331750
Pedestrian Plan and ADA Improvements 0 3104500 3104500
Total 1 /4 Cent Natural Areas and Parks $ 0 $5 ,794,250 $5 , 794,250
Conservation Trust Fund
Administration $ 290,612 $ 290,612
Fossil Creek Trail 50,000 50,000
Open Space Acquisition 101000 10,000
Trail Acquisition, Development & Repair 2401100 2401100
Transfer to General Fund-Parks Maintenance 52105 12500 64605
Tri-City Trails 30,000 30,000
Total Conservation Trust Fund $ 1 , 142,397 $ 125 , 000 $ 1 ,2674397
Neighborhood Parkland Fund
Administration $ 34306 21 ,425 $ 365 ,031
Golden Meadows Park 1001000 10000
Lee Martinez Park Addition 7500 7500
New Park Site Acquisition 150,000 150,000
New Park Site Development 1501000 150,000
Old Fort Collins Heritage Park 509000 505000
Park Site Equipment 1500 1500
Provincetowne Park 130,000 130,000
Richards Lake Park 1001000 1 WOW
Trail Head Park 50,000 50A0
Total Neighborhood Parkland Fund $ 1 , 163 ,606 $21 ,425 $ 1 , 1855031
TOTAL CITY FUNDS $46410051551 * 6f +3 0 , ,
$91450,787 $4731456,338
Section 2 . Appropriations . 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-TW9 THREE MILLION SfX FOUR HUNDRED TWENTY
4
FIFTY-SIX THOUSAND THREE HUNDRED SEVE- TT"-r.,. T,-, THIRTY-EIGHT DOLLARS
( $473 ,456 , 338) 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 Lew.
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 21 st day of November, A.D. 2006.
Mayor
ATTEST :
City Clerk
5