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Home My WebLink About118 - 11/20/2007 - BEING THE ANNUAL APPROPRIATION ORDINANCE RELATING TO THE ANNUAL APPROPRIATIONS FOR THE FISCAL YEAR 2 ORDINANCE NO. 118, 2007 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING THE ANNUAL APPROPRIATION ORDINANCE RELATING TO THE ANNUAL APPROPRIATIONS FOR THE FISCAL YEAR 2008; ADOPTING THE BUDGET FOR THE FISCAL YEARS BEGINNING JANUARY 1, 2008, AND ENDING DECEMBER 31, 2009; AND FIXING THE MILL LEVY FOR FISCAL YEAR 2008 WHEREAS,the City Manager has,prior to the first Monday in September,2007,submitted to the Council a proposed budget for the next ensuing budget term, 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 days after the filing of said budget estimate, the Council set September 18 and October 2, 2007, 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 those dates and persons were given the 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, before the last day of November of each fiscal year, the Council adopt the budget for the ensuing term by ordinance and appropriate such sums of money as the Council deems necessary to defray all expenditures of the City during the ensuing fiscal 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 fiscal year for all properly authorized expenditures to be incurred by the City; 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 as follows: Section 1. Budget a. That the City Council has reviewed the City Manager's 2008-2009 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 2008-2009 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 2007. 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 Years Ending December 31, 2008,and December 31,2009,as Adopted by the City Council on November 20, 2007." 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, 2008, and ending December 31, 2008, the sum of FIVE HUNDRED SEVENTY-ONE MILLION SEVEN HUNDRED TWENTY THOUSAND ONE HUNDRED FIFTY-FIVE DOLLARS ($571,720,155) 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: GENERALFUND $107,755,574 ENTERPRISE FUNDS Golf $2,717,381 Light & Power Operating Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,288,372 Capital: Service Center Additions 4,482,904 Southwest Enclave Annexation 800,000 Substation Improvements 5,222,621 Wi Fi 50,000 Capital Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,555,525 Total Light & Power . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100,843,897 -2- Storm Drainage Operating Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,859,110 Capital: Basin Master Planning 90,000 Canal Importation Basin 5,000,000 Cooper Slough-Boxelder 400,000 Developer Repays 75,000 Drainage System Replacement 365,000 Dry Creek Basin 1,600,000 Service Center Improvements 81,775 Capital Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,611,775 Total Storm Drainage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,470,885 Wastewater Operating Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17,607,768 Capital: Collection System Replacement 1,110,000 Collection System Study 50,000 Mulberry WRF Improvements 6,150,000 Northwest Trunk Sewer Expansion 2,000,000 Service Center Improvements 69,571 Sludge Disposal Improvements 150,000 Treatment Plant Improvements 750,000 Water Reclamation Replacement Program 3,794,000 Capital Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,073,571 Total Wastewater . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31,681,339 Water Operating Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26,432,962 Capital: Cathodic Protection 50,000 Distribution System Replacement 755,000 Halligan Reservoir Expansion 190,000 Master Plan Facilities 750,000 Meter Conversion Program 920,000 Service Center Improvements 136,006 Southwest System Improvements 50,000 Treatment Facility Improvements 75,000 Water Production Replacement Program 1,160,000 Water Supply Development 100,000 Capital Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,186,006 Total Water . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30,618,968 TOTAL ENTERPRISE FUNDS $ 183,332,470 -3- INTERNAL SERVICE FUNDS Benefits $20,793,276 Communications 2,384,802 Equipment 10,906,771 Self Insurance 3,352,985 Utility Customer Service &Administration 14,464,156 TOTAL INTERNAL SERVICE FUNDS $ 51,901,990 SPECIAL REVENUE FUNDS Capital Improvement Expansion Fund $ 459,981 Capital Leasing Corporation Fund 5,726,331 Cemeteries 629,884 Cultural Services & Facilities 5,008,662 Debt Service 1,352,038 General Employees' Retirement 2,684,342 Natural Areas Fund 9,225,217 Perpetual Care 70,438 Recreation 7,850,915 Sales and Use Tax 78,137,453 Street Oversizing 5,279,837 Transit Services 11,091,076 Transportation Services 28,503,751 TOTAL SPECIAL REVENUE & DEBT SERVICE FUNDS $156,019,925 CAPITAL IMPROVEMENT FUNDS General City Capital City Bridge Program $ 300,000 Police Facility 674,429 Railroad Crossing Replacement 100,000 Soapstone Prairie Public Improvements 2,000,000 TOTAL GENERAL CITY CAPITAL $3,074,429 1/4 Cent- Building on Basics Administration $ 58,889 Bicycle Program Plan Implementation 125,000 -4- Intersection Improvements and Traffic Signals 2,506,052 Library Technology 744,000 North College Avenue Improvements 1,063,490 Pedestrian Plan and ADA Improvements 300,000 TOTAL 1/4 CENT - BUILDING ON BASICS $ 4,797,431 1/4 Cent BCC -Streets and Transportation Mason Street Transportation Corridor $ 6 L508,488 TOTAL 1/4 CENT STREETS AND TRANSPORTATION $ 61,508,488 Conservation Trust Fund Administration $ 242,389 Fossil Creek Trail 50,000 Open Space Acquisition 10,000 Trail Acquisition, Development & Repair 350,000 Transfer to General Fund-Parks Maintenance 687,496 Tri-City Traits 30,000 TOTAL CONSERVATION TRUST FUND $1,369,885 Neighborhood Parkland Fund Administration $ 419,963 Cottonwood Glen Park 150,000 Golden Meadows Park 175,000 Maple Hill Park 150,000 New Park Site Acquisition 400,000 New Park Site Development 150,000 Old Fort Collins Heritage Park 100,000 Park Site Equipment 15,000 Provincetowne Park 200,000 Registry Ridge Park 200,000 TOTAL NEIGHBORHOOD PARKLAND FUND $1,959,963 TOTAL CITY FUNDS $571,720,155 -5- Section 3. Mill Levy a. That the 2008 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, 2007, 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. b. That 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 16th day of October, A.D. 2007,and to be presented for final passage on th Oth day of November, A.D. 2007. May r ATTEST: City Clerk Passed and adopted on final reading on the 20th day of N vember, A.D. 2007. M or ATTEST: �L� City Clerk -6-