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HomeMy WebLinkAbout1994-178-10/18/1994-APPROPRIATIONS BUDGET POUDRE FIRE AUTHORITY REVENUE ALLOCATION FORMULA RESOLUTION 94-178 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 1995 FOR OPERATIONS AND MAINTENANCE AND APPROVING THE PROPOSED APPROPRIATIONS OF THE POUDRE FIRE AUTHORITY FOR THE YEAR 1995 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") as an entity; 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 available for operations; and WHEREAS, the City's contribution to the Poudre Fire Authority; as- determined by the Revenue Allocation Formula, must fall within the growth limits as 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 Intergovernmental Agreement also provides that the Authority may request funds from the City for capital costs; and WHEREAS, for 1995, the Council has identified one mill of City property tax as an appropriate source for funding the Poudre Fire Authority's 1995 budget expenditures for capital costs (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, 1995, 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 1995: REVENUE ALLOCATION FORMULA The City will contribute to the Poudre Fire Authority the lesser of 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) plus 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 Poudre 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 1995 budget for the Poudre Fire Authority, a copy of which is attached as Exhibit "A" and incorporated herein by this reference, are hereby approved by the Council . Passed and adopted at a regular meeting of the C' Council hel this 18th day of October, A.D. 1994. yor ATTEST:`\ , 1/�1 LAVYJL�. City Clerk Vz EXHIBIT "A" Poudre Fire Authority Page 1 of 2 Operations & Maintenance Comparative_Budget Statement P A V1 N O O V P NO W �O m e0 p N N O M P N Cl;P IO P P. 00 P O o N O P M P O lr N o M ONO P N C7 ti J O ^ N OO N O DD O M a P P v O O O .Mf N P A O O N M M A O N N 07 M .1 W M GO N P N M m O O n M .p N P yy�l OO O O M M O .1 {p O O A O O W M N O ^I M O M ^ .O v M A M M a K W W A ry W ^ IWL :WOO p .IO mV010 ON O ^ J N N. A P O �O O Q N .} q P M N A I N �M} M A d O~ P A P W N W a W N �t P O O Ili O O M O`P N Q1 M N tl 1!1 N Ih > O N W ^ Ill N N OJ N N N !� N OJ IP` M N M M M M A N �1 O o (pp� 0 0 ' Ory�l ulOP � O Y^l o �O ' Onto I� M .1 N O N ,1�0 M M ONO N N N A M t� N Q vl N O f� � ww N N C7 v O N N d M m d ^ O A O J n N Ill 'O M �t O P - ry e O N f�ryly Vl P M O .Np Vl !` P Vl M N N J Cl N M O w C m ` 8 m U w m m m ro U LL w C m C m w m En ` m V m y 0 2 C Ua 0 w i[ 2 '� C C C w a m p C O C d L O O s COg C m w U W U y m ,C > wl w c m c ¢ ` j u'1 umi 11 G o a a „w, y N U 3« o o .'� w m 0) qg � m O'C '0 .� a o w gypp�(( C G w m m m Y t o > 0 0 m 'w" w 1 .w.. �" y 9 4 0 f m W m C > w m �mUUa = fam aoin EXHIBIT "A" Poudre Fire Authority Page 2 of 2 Capital Projects Comparative Budget Statement 'pON N 0000 O ^ N Lr Q wy p �f �t Ili N IL ^ N N y�j N MOP N 0000 O N CFJ � CO O in �O O O �1 �f y' py w O O M M w M a ^ N WC O �}OM � OOOP P N W M P N O N N p v �ry b W M P MM .O N W C A �OV1 �t 0000 O O DJ {UrY O N A`O v O O M O a5 V1 N Lawog C .0 N �V1 . 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