HomeMy WebLinkAbout121 - 11/19/1991 - ADOPTING THE BUDGET AND APPROPRIATING FUNDS FOR THE FISCAL YEAR 1992 AND FIXING THE MILL LEVY FOR SA ORDINANCE NO. 121, 1991
BEING THE ANNUAL APPROPRIATION ORDINANCE,
ADOPTING THE BUDGET AND APPROPRIATING FUNDS FOR THE
FISCAL YEAR BEGINNING JANUARY 1, 1992,
AND ENDING DECEMBER 31 , 1992, AND
FIXING THE MILL LEVY FOR
SAID FISCAL YEAR
WHEREAS, the City Manager has, prior to the first Monday in September,
1991 , submitted to the Council a proposed budget for the next ensuing budget
year, along with an explanatory and complete financial plan for each fund of the
City, pursuant to the provisions of Article V, Section 2, of the City Charter;
and
WHEREAS, within ten (10) days after the filing of said budget estimate, the
Council set September 17 and October 1, 1991 , as the dates for public hearings
thereon and caused notice of such public hearings to be given by publication
pursuant to Article V, Section 3, of the City Charter; and
WHEREAS, the public hearings were held on said dates and all persons were
then afforded an opportunity to appear and object to any or all items and
estimates in the proposed budget; and
WHEREAS, Article V, Section 4, of the City Charter requires that, prior to
the last day of November of each year, the City Council shall adopt the budget
for the ensuing fiscal year and appropriate such sums of money as the Council
deems necessary to defray all expenditures of the City during the ensuing budget
year; and
WHEREAS, Article V, Section 5, of the City 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 budget year of all properly authorized demands against
the City, including interest and principal of general obligation bonds.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS:
Section 1 . Budget.
a. That the City Council has reviewed the City Manager's 1992 Recommended
Budget, a copy of which is on file with the office of the City Clerk, and has
approved certain amendments thereto.
b. That the City Manager's 1992 Recommended Budget, as amended by the
Council , is hereby adopted in accordance with the provisions of Article V,
Section 4, of the City Charter and incorporated herein by reference; provided,
however, that the comparative figures contained in the adopted budget may be
subsequently revised as deemed necessary by the City Manager to reflect actual
revenues and expenditures for the fiscal year 1991 and/or revise projections for
the fiscal years 1993 through 1996.
c. That the adopted budget, as amended, shall be maintained in the office
of the City Clerk and identified as "The Budget for the City of ' rt Collins for
the Fiscal Year Ending December 31, 1992, as Adopted by the City Council on
November 19, 1991 . "
Section 2. Appropriations. That there be, and hereby is, appropriated out
of the revenues of the City of Fort Collins, for the fiscal year beginning
January 1 , 1992, and ending December 31, 1992, the sum of TWO HUNDRED TWENTY-ONE
MILLION, SIX HUNDRED TEN THOUSAND, EIGHT HUNDRED NINETY-NINE DOLLARS
($221 ,610,899.00) to be raised by taxation and otherwise, which sum is deemed by
Council to be necessary to defray all expenditures of the City during said budget
year, to be divided and appropriated for the following purposes, to wit:
TOTAL GENERAL FUND $ 41 ,377,061
Enterprise Funds
Golf Fund 880,824
Light & Power Fund 46,255,456
SouthRidge 692,000
Storm Drainage 1 ,777, 141
Capital :
Canal Importation Basin 1,070,000
Fossil Creek Basin 30,000
Fox Meadows Basin 40,000
McClelland Mail Creek Basin 133,000
Poudre River Master Plan 110,000
Spring Creek Basin 1,460,000
Wastewater 13,673,945
Capital :
Aeration Basin Modifications 1 ,300,000
Automated Mapping 100,000
Pollution Control Lab 200,000
Sludge Disposal Improvements 300,000
Spring Creek Relief Sewer 330,000
Switch Gear Modifications 2,075,000
WW Plant Expansion 17,015,000
WWTP Expansion 200,000
Wetlands Treatment Study 200,000
Water 16, 141 ,067
Capital :
Automated Mapping 100,000
East Prospect Water Line 230,000
Harmony Transmission Line 325,000
Meter Conversion Program 410,000
Raw Water Intake 50,000
Water Supply Development 100,000
Water Treatment Expansion 250,000
TOTAL ENTERPRISE FUNDS $105,448,433
Internal Service Funds
Benefits Fund $ 4,688,231
Communications Fund 2,077,264
Equipment Fund 2,892,395
Self Insurance Fund 2,706,350
TOTAL INTERNAL SERVICE FUNDS $ 12,364,240
Special Revenue and Debt Service Funds
Cemetery Fund $ 395,491
Cultural Services 1,470,435
Debt Service 4,876,695
General Employee Retirement 617,900
Perpetual Care 63,700
Recreation 3,037,374
Rockwell Ranch 1,600
Sales & Use Tax 31 ,299,620
Special Assessments Debt Service 3,007,605
Street Oversizing 1,280,000
Transit 1 ,930,931
Transportation Services 5,367,560
TOTAL SPECIAL REVENUE & DEBT SERVICE FUNDS $ 53,348,911
CAPITAL IMPROVEMENT FUNDS
General City Capital
Administration/Transfer to General Fund $ 15,876
Minor Street Capital 176,800
Concrete Program 85,300
Pedestrian Access Ramps 17,201
Major Building Maintenance 654,525
Streets Facility 350,000
Block 31 Maintenance 40,000
National Heritage Corridor 64,000
Airport Maintenance 60,000
Youth Sports Complex 45,000
TOTAL GENERAL CITY CAPITAL $ 1 ,508,702
General City Capital -1/4 Cent CHOICES 95
Administration/Transfer to General Fund 24,975
Prospect-Taft Hill Intersection 442,000
Prospect-Shields to Taft Hill 647,000
Prospect-College Intersection 400,000
Station #10-Land Acquisition 70,000
Older Adult Center 516,000
Eastside Neighborhood Park 440,000
Indoor Pool Renovations 452,000
TOTAL GENERAL CITY CAPITAL-1/4 CENT CHOICES 95 $ 2,991 ,975
General City Capital - Street Maintenance
Administration/Transfer to General Fund $ 41 ,780
Street Overlays & Seal Coats 3,320, 520
TOTAL GENERAL CITY CAPITAL-STREET MAINTENANCE $ 3,362,300
Conservation Trust
Administration/Transfer to General Fund $ 96,729
Fossil Creek Trail 30,000
Open Space & Trails Maintenance 37,456
Other Open Space (To Be Determined) 80,000
Trail Acquisition, Development & Repair 210,000
National Heritage Corridor 17,000
Natural Areas Acquisition 200,000
Contingency 10,000
TOTAL CONSERVATION TRUST $ 681 , 185
Parkland Fund
Administration/Transfer to General Fund $ 108,092
Greenbriar Park 350,000
Park Site Equipment & Plantings 60,000
Contingency 10,000
TOTAL PARKLAND FUND $ 528,092
TOTAL ALL FUNDS $221 ,610,899
Section 3. Mill levy.
a. That the mill levy rate for the taxation upon each dollar of the
assessed valuation of all the taxable property within the City of Fort Collins
for the fiscal year ending December 31, 1992, 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. Said mill levy shall be distributed as follows:
General Fund 0 & M 1 .483
Parks 0 & M .921
Poudre Fire Authority Contribution 5. 177
Fire Pension Fund (General Fund Unfunded Liability) . 136
Parks Debt Service 1 .080
Poudre Fire Authority - Capital 1 .000
TOTAL 9.797
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 15th day of October, A.D. 1991, and to be presented for final passage on the
19th day of November, A.D. 1991 .
ayor
ATTEST:
City Clerk
Passed and adopted on final reading this 19th day of November, A.D. 1991 .
mayor
ATTEST::
13-�4L
City Clerk