The URL can be used to link to this page

Home My WebLink About137 - 11/05/1996 - RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR FISCAL YEAR BEGINNING JANUARY 1, 9 ORDINANCE NO. 137, 1996 BEING THE ANNUAL APPROPRIATION ORDINANCE RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY 1, 1997, AND ENDING DECEMBER 31, 1997, AND FIXING THE MILL LEVY FOR SAID FISCAL YEAR WHEREAS, the City Manager has, prior to the first Monday in September, 1996, 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, 1996, as the dates for the 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 by passage of the Annual Appropriation Ordinance 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 expenditures to be incurred by the City, including interest and principal of general obligation bonds; and WHEREAS, Article XII, Section 6, of the City Charter permits the City 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. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS: Section 1. Payment in lieu of Taxes. That the payment made by the Water and Wastewater utilities into the general fund in lieu of taxes shall be increased from 5% to 6% of Water Fund and Wastewater Fund operating revenue. Section 2. Budget a. That the City Council has reviewed the City Manager's 1997 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 1997 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 1996 and/or revised projections for the fiscal years 1998 through 2001. 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 Fort Collins for the Fiscal Year Ending December 31, 1997, as Adopted by the City Council on November 5, 1996." Section 3. 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, 1997, and ending December 31, 1997, the sum of Three Hundred Four Million Six Hundred Eighty-Two Thousand Four Hundred Seven Dollars ($304,682,407) to be raised by taxation and otherwise, which sum is deemed by the City 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 $60,194,115 ENTERPRISE FUNDS Golf $ 1,782,879 Light& Power 64,953,618 Storm Drainage 2,890,576 Capital: Dry Creek Basin Instream 651,834 Evergreen/Greenbriar Basin 33,000 Fox Meadows Basin 128,000 Old Town Basin 159,000 Poudre River Master Plan 9,000 Spring Creek Basin 187,900 West Vine Basin 169,072 Stormwater Capital Total 1,337,806 Wastewater 15,431,501 Capital: Computer Systems & Mapping 185,000 Flow Monitoring Stations 100,000 Mulberry WRF Improvements 255,000 Service Center Improvements 250,000 Sludge Disposal Improvements 100,000 Treatment Plant Improvements 6,220,000 Wetlands Treatment Study 30,000 Wastewater Capital Total 7,140,000 Water 17,528,124 Capital: Computer Systems & Mapping 185,000 Cathodic Protection 30,000 Drake Rd. & CR9 Waterlines 1,100,000 Master Plan Facilities 5,745,000 Meter Conversion Program 555,000 Service Center Improvements 250,000 South Taft Hill Road Waterline 180,000 Treated Water Reservoirs 630,000 Water Quality Lab 40,000 Water Supply Development 300,000 Water Capital Total 9,015,000 TOTAL ENTERPRISE FUNDS $120.079.504 INTERNAL SERVICE FUNDS Benefits $ 6,233,465 Communications 1,353,860 Equipment 4,283,916 Self Insurance 2.801.500 TOTAL INTERNAL SERVICE FUNDS $ 14,672,741 SPECIAL REVENUE & DEBT SERVICE FUNDS Cemeteries $ 739,728 Cultural Services &Facilities 2,449,150 Debt Service 5,292,176 General Employees' Retirement 828,500 Open Lands 2,990,000 Perpetual Care 66,019 Recreation 6,008,314 Sales & Use Tax 52,796,022 Special Assessments Debt Service 467,094 Street Oversizing 2,600,000 Transit Services 158,097 FTA Sec. 9 Operating Grant (Federal) 222,375 Local Match 2,917,319 FTA Sec. 9 Capital Grant(Federal) 359,870 Local Match 89,967 FTA Sec. 9 Planning (Federal) 45,000 Local Match 11,250 Transit Grants Total 3,645,781 Transportation Services 9,388,632 STP- 1997 Vanpool (Federal) 79,853 Local Match 281,918 STP - 1997 Marketing Regional (Federal) 357,000 STP- 1997 Marketing Local (Federal) 234,147 Local Match 18,839 Metropolitan Planning Organization (Federal) 307,081 Local Match 32,957 Transportation Grants Total 1,311,795 TOTAL SPECIAL REVENUE & DEBT SERVICE FUNDS $ 88,741,308 CAPITAL IMPROVEMENT FUNDS General City Cam Administration $ 24,109 Airport Maintenance 60,000 Downtown Railroad Consolidation 400,000 Facilities Master Plan Land Acquisition 642,000 Mausoleum/Columbarium Feature Complex 209,630 Major Building Maintenance 864,240 Minor Street Capital 186,115 Pedestrian Accessibility 390,740 TOTAL GENERAL CITY CAPITAL $ 2,776,834 1/4 Cent Choices 95 Administration $ 50,934 Timberline Extension-Prospect to Summit View 4.647.000 TOTAL 1/4 CENT CHOICES 95 $4,697,934 1/4 Cent Street Maintenance Administration $ 43,680 Street Overlays & Sealcoats 4.104.661 TOTAL 1/4 CENT STREET MAINTENANCE CAPITAL $ 4,148,341 1/4 Cent Natural Areas Administration $ 43,305 Natural Areas 4,041,575 TOTAL 1/4 CENT NATURAL AREAS $ 4,084,880 Conservation Trust Fund Administration $ 189,877 Fossil Creek Trail 250,000 Open Space & Trails Maintenance 53,420 Other Open Space 200,000 Trail Acquisition, Development, & Repair 200,000 Tri-City Trails 50,000 TOTAL CONSERVATION TRUST FUND $ 943,297 Neighborhood Parkland Fund Administration $ 186,697 English Ranch Park 600,000 Miramont Park 200,000 New Park Site Acquisition 50,000 New Park Site Development 50,000 Park Site Equipment 5,000 Ridgeview Park 200,000 Stewart Case Park 100,000 Westfield Park 600,000 TOTAL NEIGHBORHOOD PARKLAND FUND $ 1,991,697 TOTAL CITY FUNDS $302,330,651 Fire Fighter's Pension 2,351.756 TOTAL ALL FUNDS $304,682,407 Section 3. Mill Levy a. That the 1997 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, 1996, 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 8.717 Parks Debt Service 1.080 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 and considered favorably on first reading and ordered published in summary form this 15th day of October, A.D. 1996, and to be presented fq;.- a passage gg-tK6-5th day of November, A.D. 1996. Mayor ATT ST: ity ler Passed and adopted on final reading this 5th day of Nove ,er /yD. 1996. ayor ATTEST: / City Clerk