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HomeMy WebLinkAbout156 - 11/15/1994 - RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE 1995 BUDGET AND FIXING THE MILL LEVY FOR SAID ORDINANCE NO. 156, 1994 BEING THE ANNUAL APPROPRIATION ORDINANCE RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY 1, 1995, AND ENDING DECEMBER 31, 1995, AND FIXING THE MILL LEVY FOR SAID FISCAL YEAR WHEREAS, the City Manager has, prior to the first Monday in September, 1994, 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 20 and October 4, 1994, 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. 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 1995 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 1995 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 1994 and/or revised projections for the fiscal years 1996 through 1999. 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, 1995, as Adopted by the City Council on November 15, 1994." 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, 1995, and ending December 31, 1995, the sum of TWO HUNDRED FIFTY SIX MILLION, SEVEN HUNDRED SIXTY-FOUR THOUSAND EIGHT HUNDRED THIRTY-NINE DOLLARS ($256,764,839) 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 $ 52,878,339 Enterprise Funds Golf $ 1,736,994 Light & Power 53,225,090 Storm Drainage 2,398,362 Capital : Canal Importation Basin 755,000 Foothills Basin 347,000 Fossil Creek Basin 51,000 McClelland/Mail Creek Basin 187,000 Old Town Basin 132,000 Spring Creek Basin 837,000 Stormwater Office Facility 790,000 STORM DRAINAGE CAPITAL TOTAL 3,099,000 Wastewater 14, 170,653 Capital : Alum Sludge Transmission Line 40,000 Automated Mapping 20,000 Flow Monitoring Stations 20,000 Mulberry WRF Improvements 2,265,000 Sludge Disposal Improvements 175,000 Treatment Plant Expansion 825,000 Wetlands Treatment Study 65,000 WASTEWATER CAPITAL TOTAL 3,410,000 Water 16,134,660 Capital : Automated Mapping 20,000 Circle Drive Waterline 470,000 Drake Rd. & CR9 Waterlines 170,000 Harmony Transmission Line 100,000 Master Plan Facilities 3,390,000 Meter Conversion Program 550,000 S. Taft Hill Waterlines 100,000 Southwest System Improvements 100,000 Water Supply Development 100,000 WATER CAPITAL TOTAL 5,000,000 TOTAL ENTERPRISE FUNDS $ 99,174,759 Internal Service Funds Benefits $ 5,867,050 Communications 1,785,354 Equipment 3,584,207 Self Insurance 2,881,513 TOTAL INTERNAL SERVICE FUNDS $ 14,118, 124 Special Revenue and Debt Service Funds Cemeteries $ 442,905 Cultural Services & Facilities 1,998,294 Debt Service 4,985,457 General Employees' Retirement 873,700 Perpetual Care 48,015 Recreation 4,923,217 Rockwell Ranch 1,600 Sales & Use Tax 43,973,250 Special Assessment Debt Service 4,118,350 Street Oversizing 1,280,000 Transit 5,646,396 Transportation Services 8,126,350 TOTAL SPECIAL REVENUE & DEBT SERVICE FUNDS $ 76,417,534 CAPITAL IMPROVEMENT FUNDS General Capital Administration $ 17,535 Minor Street Capital 229,990 Concrete Program 211,286 Pedestrian Access Ramps 29,675 N. College Avenue Improvements 210,000 Major Building Maintenance 753,000 Airport Maintenance 60,000 Mausoleum/Columbarium Feature Complex 181,000 Facilities Master Plan Land Acquisition 200,000 TOTAL GENERAL CAPITAL $ 1,892,486 1/4 Cent Choices 95 Administration $ 46,866 Eastside Neighborhood Intersection 236,700 Drake, Canterbury to Taft Hill 100,000 Timberline Extension-Prospect to Summitview 145,000 College/Drake (Double L/R Turns) 844,100 1/4 CENT CHOICES 95 $ 1,372,666 1/4 Cent Street Maintenance Administration $ 41,322 Street Overlays & Sealcoats 3,611,341 TOTAL 1/4 CENT STREET MAINTENANCE CAPITAL $ 3,652,663 1/4 Cent Natural Areas Administration $ 32,682 Natural Areas 2,992,838 TOTAL 1/4 CENT NATURAL AREAS $ 3,025,520 Conservation Trust Fund Administration $ 136,648 Fossil Creek Trail 250,000 Open Space & Trails Maintenance 37,456 Other Open Space 50,000 Trail Acquisition, Development, & Repair 400,000 Tri -City Trails 50,000 TOTAL CONSERVATION TRUST FUND $ 924,104 Parkland Fund Administration $ 136,077 Case Park 10,000 Master Plan Printing 10,000 New Park Site Acquisition 300,000 New Park Site Development 400,000 Park Site Equipment 5,000 Ridgeview Park 130,000 Master Plan Southwest Park/Fossil Creek $ 50,000 TOTAL PARKLAND FUND $ 1,041,077 TOTAL CITY FUNDS $254,497,272 Fire Fighter's Pension 2,267,567 TOTAL ALL FUNDS $256,764,839 Section 3. Mill Levy a. That the 1995 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, 1994, 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, considered favorably on first reading, and ordered published this 18th day of 3ctooer-1 A.D. , 1994, and- to bL- presented- for final passage on the 15th day of November, A.D. 1994. or ATTEST: City Cle J Passed and adopted on final reading this 15 of Novembe D. 1994. or ATTEST: 9 w CitO CI rk'---r C L- c2