HomeMy WebLinkAbout177 - 11/21/2006 - RELATING TO THE ANNUAL APPROPRIATIONS FOR THE FISCAL YEAR 2007; AMENDING THE BUDGET FOR THE FISCAL Y 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 JGI, 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 orportion 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
COLL NS 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 $99,712,237
$(2,315,315) $97,396,922
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 19,283,784
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
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Water Supply Development 100,000 100,000
Total Water 41,523,434 0 41,523,434
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 Z
(653,520) 26,322.100
TOTAL SPECIAL REVENUE&DEBT
SERVICE FUNDS $147A59,449 $2,803,053 $150,262,502
2 673 053 $150,132,502
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
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Total 1/4 Cent BCC - Streets and Transportation $1,000,000 0 $1,000,000
1/4 Cent Natural Areas Capital
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 Buildine 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 $ 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 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
$8,472,105 $472,477,656
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Section 2. Apnronriations. 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 FOUR HUNDRED SEVENTY-SEVEN
THOUSAND SIX HUNDRED FIFTY-SIX DOLLARS ( $472,477,656) 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 Latimer 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 o e 21 st day of Novemb A.D. 2006.
Mayor
AT
TEST:
__l M
City Clerk
Passed and adopted on final reading this 21st day of 7
mber, A.D. 2006.
Mayor
ATTEST:
Q V LA � - � �
City Clerk
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