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HomeMy WebLinkAbout1993-176-11/16/1993-APPROPRIATIONS BUDGET 1994 POUDRE FIRE AUTHORITY REVENUE ALLOCATION FORMULA RESOLUTION 93-176 OF THE COUNCIL OF THE CITY OF FORT COLLINS ADOPTING A REVENUE ALLOCATION FORMULA TO DEFINE THE CITY OF FORT COLLINS' CONTRIBUTION TO THE POUDRE FIRE AUTHORITY BUDGET FOR THE YEAR 1994 FOR OPERATIONS AND MAINTENANCE AND APPROVING THE PROPOSED APPROPRIATIONS OF THE POUDRE FIRE AUTHORITY FOR THE YEAR 1994 WHEREAS, the City of Fort Collins (the "City") entered into an Intergovernmental Agreement dated December 22, 1981, with the Poudre Valley Fire Protection District (the "District") , creating the Poudre Fire Authority (the "Authority") ; and WHEREAS, the Authority provides fire protection services to all properties within the city limits, and the City has a continuing commitment to provide funding to the Authority to accomplish the provision of these public safety services; and WHEREAS, as a part of the Intergovernmental Agreement, the City has agreed to contribute funding for maintenance and operation costs to the Authority based on a "Revenue Allocation Formula" which is to be set annually based upon a percentage of sales and use tax revenues (excluding sales and use tax revenue which must be spent on specific projects) and a portion of the operating mill levy of the City's property taxes; and WHEREAS, with the passage of Amendment No. 1 (on November 2, 1992) , the City's contribution to the Poudre Fire Authority, as determined by the Revenue Allocation Formula, must comply with the limitations imposed by Article X, Section 20 of the State Constitution; and WHEREAS, the revenues to be contributed by the City under the Revenue Allocation Formula are proposed for appropriation in the City's Annual Appropriation Ordinance; and WHEREAS, the City's Intergovernmental Agreement with the District also provides that the Authority may request funds from the City for capital costs; and WHEREAS, for 1994, the Council has identified one mill of City property tax as an appropriate source for funding the Poudre Fire Authority's 1994 budget expenditures for capital costs (also subject to the revenue limitations provisions of Article X, Section 20) , which amount is also proposed for appropriation in the City's Annual Appropriation Ordinance; and WHEREAS, the Authority has adopted a preliminary budget for the fiscal year ending December 31, 1994, and submitted that budget to the City Council ; and WHEREAS, the Intergovernmental Agreement further provides that the Authority's budget shall become final only after approval of the appropriations by the governing bodies of the City and the District. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the following revenue allocation formula be adopted as the City's contribution to the Poudre Fire Authority for the year 1994: REVENUE ALLOCATION FORMULA The City will contribute to the Poudre Fire Authority a sum equal to .303 of one cent of the City's 2.25 cent sales and use tax rate applicable to sales and use tax revenues (excluding sales tax revenue which must be spent on specific projects) and a sum equal to 5.077 mills of the operating mill levy of the City's property taxes to provide for maintenance and operation costs of the Pouder Fire Authority or such lesser amount as may be required by Article X, Section 20 of the State Constitution. Section 2. That the appropriations shown in the proposed 1994 budget for the Poudre Fire Authority, a copy of which is attached as Exhibit "A" and incorporated herein by this reference, are hereby approved. Passed and adopted at a regular meeting of the City Council held this 16th day of November, A.D. 1993. a r ATTEST: Lily CTzrl �Qiue EXHIBIT "A" Page 1 of 2 Poudre Fire Authority Operations & Maintenance Comparative Budget Statement O O A m V P M .t O O O N M N O A O N yUrl .} m M M N O O N O OM P O ZV Mp N} l0 P O W O O l0 a � Z9. y�j O OPp P pOp P N O O O P M O O O O m W O N m r O S N .1 � O O m � p O � f� N M O N m M W pm. ^ S Ym1 N N O Ctpp P P d J N N O d ' I^n N 7 „y P„ f� O CO M Ili P O N Yf N O F r N O m P R N M yNj N �p O O OO O O I� mO r l� .1 V O .t OO OJ O O ml� N M O W O r Ili m IO O W W M .Nt f� 1�11 P N 1� Mp Y01 m m N pm. O P v N pm. Oyu N A N P m P f O m O O �t O O p O. imp mOm f� m M M O O O f` pp.. O A imp F m V Ili m O N m O V Q O P N d .t m M N O� O ^ m f� V1 N P sa M P m O P N N M O'y P N OJ N Ml N M V' N ry Dry P a0 P - N P f0 ap a- of O � m N {V CO a N A fNl� vA- N N m P Y•tl t d C W N S a W IM` I m N O O m W V� I(1 O O N O N M N m N O P m Q .I Y1 O O N O N N N m N P 'O P �y W M CO M f� P In M Pw V1 N P» J b N A P P IAll ll p M N E U m m 'm c m m lU m �4} G c m m LL m LL o U n c a ¢ H gm ° o a m V w U .� .0 . w c 2 E w W c m C o 1 a ¢ c m z Y C0 C m 1 p V 6 m L m m m m m > m m � U U 1 = � 6. 0 �( Q 0 lL NO EXHIBIT "A" Page 2 of 2 Poudre Fire Authority Capital Projects Comparative Budget Statement 00 0 M. 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