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Home My WebLink About156 - 11/18/2003 - BEING THE ANNUAL APPROPRIATIONS FOR THE FISCAL YEAR 2004; ADOPTING THE BUDGET FOR THE FISCAL YEARS B ORDINANCE NO. 156, 2003 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING THE ANNUAL APPROPRIATION ORDINANCE RELATING TO THE ANNUAL APPROPRIATIONS FOR THE FISCAL YEAR 2004; ADOPTING THE BUDGET FOR THE FISCAL YEARS BEGINNING JANUARY 1, 2004, AND ENDING DECEMBER 31, 2005; AND FIXING THE MILL LEVY FOR FISCAL YEAR 2004 WHEREAS,the City Manager has,prior to the first Monday in September,2003,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, 2003, 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, before the last day of November of each fiscal year, the 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; 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 Managers 2004-2005 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 2004-2005 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 2003 and/or revised projections for the fiscal years 2006 through 2008. 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 31,2004 and December 31,2005, as Adopted by the City Council on November 18, 2003." 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, 2004, and ending December 31, 2004, the sum of FOUR HUNDRED THIRTY-EIGHT MILLION SIXTY-NINE THOUSAND FOUR DOLLARS($438,069,004)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: GENERAL FUND $ 88,934,017 ENTERPRISE FUNDS Golf $ 2,579,293 Light&Power 80,044,674 Capital: Substation Improvements 481,314 Underground Conversion Program 2,368,210 Light&Power Capital Total 2,849,524 Total Light & Power 82,894,198 Storm Drainage Operating 9,185,382 Capital: Basin Master Planning 200,000 Developer Repays 400,000 Drainage System Replacement 351,000 Dry Creek Basin 3,400,000 McClelland/Mail Creek Basin Improvements 1,000,000 Poudre River Basin 1,600,000 Service Center Improvements 235,000 Storm Drainage Capital Total 7,186,000 Total Storm Drainage 16,371,382 Wastewater Operating 17,652,038 Capital: Collection System Replacement 839,000 Pollution Control Lab 50,000 Service Center Improvements 100,000 Sludge Disposal Improvements 400,000 Treatment Plant Improvements 370,000 Wastewater Capital Total 1,759,000 Total Wastewater 19,411,038 Water Operating 25,681,245 Capital: Distribution System Replacement 677,000 Gravel Pit Storage Ponds 3,300,000 Halligan Reservoir Expansion 2,250,000 Michigan Ditch Improvements 200,000 Service Center Improvements 100,000 Southwest System Improvements 423,000 Treatment Facility Improvements 350,000 Water Supply Development 100,000 Water Capital Total 7,400,000 Total Water 33,081,245 TOTAL ENTERPRISE FUNDS $154,337,156 INTERNAL SERVICE FUNDS Benefits $ 17,230,016 Communications 1,674,556 Equipment 6,963,387 Self Insurance 2,894,518 Utility Customer Service &Administration 13,269,999 TOTAL INTERNAL SERVICE FUNDS $ 42,032,476 SPECIAL REVENUE &DEBT SERVICE FUNDS Capital Improvement Expansion $ 127,800 Capital Leasing Corporation 1,632,562 Cemeteries 638,545 Cultural Services &Facilities 3,934,050 Debt Service 2,733,551 Emergency Response 2,003,841 General Employees' Retirement 2,064,182 Natural Areas 8,368,739 Perpetual Care 65,680 Recreation 7,864,943 Sales & Use Tax 72,551,470 Street Oversizing 3,249,001 Transit Services 10,270,910 Transportation Services 25,395,131 TOTAL SPECIAL REVENUE &DEBT SERVICE FUNDS $140,900,405 CAPITAL IMPROVEMENT FUNDS General City Capital CSU Transit Center $2,400,000 Facilities MR&R Capital 220,495 Minor Street Capital 218,493 Pedestrian Accessibility 382,788 TOTAL GENERAL CITY CAPITAL $ 3,221,776 1/4 Cent Necessary Administration $ 121,878 TOTAL 1/4 CENT COMMUNITY ENHANCEMENTS $ 121,878 1/4 Cent Community Enhancements Administration $ 57,408 Northside Aztlan Center 3,081,039 TOTAL 1/4 CENT COMMUNITY ENHANCEMENTS $ 3,138,447 1/4 Cent Natural Areas and Parks Administration $ 55,255 Community Park Improvements 126,402 TOTAL 1/4 CENT NATURAL AREAS AND PARKS $ 181,657 1/4 Cent Streets and Transportation Administration $ 113,112 Pedestrian Plan 342,857 Mason Street Transportation Corridor 1,470,496 TOTAL 1/4 CENT STREET AND TRANSPORTATION $ 1,926,465 Conservation Trust Fund Administration $ 331,876 Fossil Creek Trail 375,000 Open Space Acquisition 20,000 Trails Maintenance 65,694 Trail Acquisition, Development&Repair 375,000 Tri-City Trails 30,000 TOTAL CONSERVATION TRUST FUND $ 1,197,570 Neighborhood Parkland Fund Administration $ 332,157 Avery Park Improvements 150,000 Dry Creek Park 50,000 Huidekoper Park 50,000 Iron Horse Park 300,000 Lee Martinez Park Addition 75,000 New Park Site Acquisition 200,000 New Park Site Development 150,000 Oak Street Plaza Park 150,000 Park Site Equipment 15,000 Provincetowne Park 100,000 Rabbit Brush Park 30,000 Registry Ridge Park 100,000 Richards Lake Park 100,000 Rossborough Park Improvements 125,000 Staley Park 100,000 Stewart Case Park 50,000 TOTAL NEIGHBORHOOD PARKLAND FUND $ 2,077,157 TOTAL CITY FUNDS $438,069,004 Section 3. Mill Levy a. That the 2004 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, 2003,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 4th day of November, A.D. 2003, and to be presented for final passage on the 18th day of November, A.D. 2003. l Mayor TEST: City Clerk Passed and adopted on final reading this 18th day of November, . 2003. ayor ATTEST: '/'/ a ///�" City Clerk