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HomeMy WebLinkAbout176 - 11/04/1997 - RELATING TO THE ANNUAL APPROPRIATIONS FOR 1998 AND ADOPTING THE 1998/1999 BUDGET AND FIXING THE 1998 ORDINANCE NO. 176, 1997 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING THE ANNUAL APPROPRIATION ORDINANCE RELATING TO THE ANNUAL APPROPRIATIONS FOR THE FISCAL YEAR 1998 AND ADOPTING THE BUDGET FOR THE FISCAL YEARS BEGINNING JANUARY 1, 1998, AND ENDING DECEMBER 31, 1999, AND FIXING THE MILL LEVY FOR FISCAL YEAR 1998 WHEREAS, the City Manager has,prior to the first Monday in September, 1997, 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 (10) days after the filing of said budget estimate, the Council set September 16 and October 7, 1997, 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 term 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, 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 as follows: Section 1. Budaet a. That the City Council has reviewed the City Manager's 1998-1999 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 1998-1999 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 1997 and/or revised projections for the fiscal years 2000 through 2002. 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, 1998 and December 31, 1999, as Adopted by the City Council on November 4, 1997." 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, 1998, and ending December 31, 1998,the sum of Three Hundred Nine Million Three Hundred Four Thousand Five Hundred Ninety- three Dollars ($309,304,593) 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 $62,361,412 ENTERPRISE FUNDS Golf $ 1,975,469 Light& Power 66,549,223 Storm Drainage 3,600,373 Capital: Canal Importation Basin $ 277,200 Cooper SloughBoxelder Basin 45,000 Dry Creek Basin Instream 40,000 Evergreen/Greenbriar Basin 36,000 Foothills Basin 237,321 Fossil Creek Basin 166,000 Fox Meadows Basin 40,000 McClelland/Mail Creek Basin 563,200 Old Town Basin 922,900 Poudre River Basin 12,000 Spring Creek Basin 310,200 West Vine Basin 250,910 Stormwater Capital Total $ 2,900,731 Wastewater $ 15,040,714 Capital: Computer Systems& Mapping $ 105,000 Flow Monitoring Stations 200,000 Mulberry WRF Improvements 700,000 North College Sewer 200,000 Service Center Improvements 500,000 Sludge Disposal Improvements 100,000 Treatment Plant Improvements 2.235.000 Wastewater Capital Total $ 4,040,000 Water $ 18,490,157 Capital: Backflow Prevention $ 275,000 Cathodic Protection 30,000 Computer Systems and Mapping 105,000 Halligan Reservoir Expansion 80,000 Master Plan Facilities 5,604,000 Meter Conversion Program 618,000 Service Center Improvements 500,000 South Taft Hill Road Waterline 30,000 Treated Water Reservoirs 2,030,000 Water Quality Lab 150,000 Water Supply Development 100,000 Water Capital Total $ 9,522,000 TOTAL ENTERPRISE FUNDS $122,118,667 INTERNAL SERVICE FUNDS Benefits $ 7,077,928 Communications 1,502,355 Equipment 4,869,708 Self Insurance 2,960,662 TOTAL INTERNAL SERVICE FUNDS $ 16,410.653 SPECIAL REVENUE& DEBT SERVICE FUNDS Cemeteries $ 540,135 Cultural Services & Facilities 2,518,406 Debt Service 5,024,188 General Employees' Retirement 1,099,800 Open Lands 3,024,441 Perpetual Care 69,746 Recreation 6,064,378 Sales & Use Tax 55,513,299 Special Assessments Debt Service 932,572 Street Oversizing 2,746,612 Transit Services 4,244,127 Transportation Services 9,980,749 1998 VanGo Program (federal) 84,809 Local Match 334,261 1998 Regional Marketing Program (federal) 410,191 1998 Local Marketing Program(federal) 143,000 Metropolitan Planning Organization (federal) 6,265 Transportation Projects Total 978,526 TOTAL SPECIAL REVENUE & DEBT SERVICE FUNDS $ 92,736,979 CAPITAL IMPROVEMENT FUNDS General City Capital Administration $ 32,052 Airport Maintenance 60,000 Facilities Master Plan Land Acquisition 282,461 Major Building Maintenance 1,003,456 Minor Street Capital 190,611 Pedestrian Accessibility 399,697 TOTAL GENERAL CITY CAPITAL $ 1,968,277 1/4 Cent Choices 95 Administration $ 50.678 TOTAL 1/4 CENT CHOICES 95 $50,678 1/4 Cent Street Maintenance Administration $ 33,891 Street Overlays & Sealcoats 345,429 TOTAL 1/4 CENT STREET MAINTENANCE CAPITAL $ 379,320 1/4 Cent Natural Areas Administration $ 35,983 Natural Areas 775,384 TOTAL 1/4 CENT NATURAL AREAS $ 811,367 1/4 Cent Community Enhancements City/School District Community Projects $ 326,355 Shields, Horsetooth to Troutman 543,925 Police Building/Land Acquisition 326,355 Northeast Truck Route 217,570 Library Technology 244,766 New Main Library/Land Acquisition 326,355 Prospect, Poudre River to Summit View 435,140 Performing Arts Center/Land Acquisition 326,355 Taft Hill, Drake Road to Derby 870,279 TOTAL 1/4 CENT COMMUNITY ENHANCEMENTS $ 3,617,100 1/4 Cent Natural Areas and Parks Natural Area $ 2,200,000 Community Horticulture Center 435.140 TOTAL 1/4 CENT NATURAL AREAS AND PARKS $ 2,635,140 1/4 Cent Streets and Transportation Pavement Management Program $ 3,469,570 Mason Street Transportation Corridor 380.747 TOTAL 1/4 CENT STREETS AND TRANSPORTATION $ 3,850,317 Conservation Trust Fund Administration $ 213,683 Fossil Creek Trail 350,000 Open Space & Trails Maintenance 55,020 Other Open Space 50,000 Trail Acquisition, Development & Repair 300,000 Tri-City Trails 30,000 TOTAL CONSERVATION TRUST FUND $ 998,703 Neighborhood Parkland Fund Administration $ 220,980 Blevins Park Restroom 100,000 Boltz Area Playground 80,000 Case Park 300,000 Cottonwood Glen Park 250,000 Huidekoper Park 50,000 New Park Site Acquisition 100,000 New Park Site Development 100,000 Park Site Equipment 5,000 Ridgeview Park 160,000 TOTAL NEIGHBORHOOD PARKLAND FUND $ 1,365,980 TOTAL CITY FUNDS $309,304,593 Fire Fighter's Pension 2,427,450 TOTAL ALL FUNDS $311,732,043 Section 3. Mill Levy a. That the 1998 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, 1997, 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 e xpenditures 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. 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 21 st day of October,A.D. 1997, and to be presented for final passage on the 4th day of November, A.D. 1997. Mayor ATTEST: City Clerk Passed and adopted on final reading this 4th day of November, A.D: 1997. Mayor ATTEST: -4UXL\r. City Clerk