HomeMy WebLinkAbout1986-165-10/07/1986-1987 BUDGET RESOLUTION 86-165
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ADOPTING A BUDGET OF THE ESTIMATED AMOUNTS
REQUIRED TO PAY THE EXPENSES OF CONDUCTING THE
BUSINESS OF THE CITY GOVERNMENT FOR THE FISCAL
YEAR ENDING DECEMBER 31, 1987, AND FIXING THE
MILL LEVY FOR SAID YEAR PURSUANT TO THE PROVISIONS
OF ARTICLE V OF THE CITY CHARTER
WHEREAS, the City Manager has heretofore prior to the first Monday in
September, 1986, submitted to the Council a proposed budget for the next
ensuing budget year with an explanatory and complete financial plan for
each fund of the City, pursuant to the provisions of Section 2, Article V,
of the City Charter; and
WHEREAS, the Council thereafter, within ten (10) days after the filing
of said budget estimate, set September 2, 1986 and September 16, 1986, as
the dates for a Public Hearing thereon and caused notice of such Public
Hearings to be given by publication pursuant to Section 3, Article V, of
the City Charter ; and
WHEREAS, a public hearing was held on said dates at which time all
persons were afforded an opportunity to appear and object to any or all
items and estimates in the proposed budget ; and
WHEREAS, Section 4, Article V, of the City Charter provides that the
Council shall adopt the budget for the ensuing fiscal year and shall fix
the tax levy after said Public Hearing and before the last day of October
of each year.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS, that the budget prepared in detail by the said City Manager in
compliance with the provisions of Section 2, Article V, of the City Charter
for the fiscal year ending December 31, 1987 (as amended in discussions
with Council , and to reflect modifications to the Capital Improvement
Program expenditures ).
TOTAL GENERAL FUND $ 24,189,297
Enterprise Funds
Cemeteries Fund $ 362,144
Golf Fund 598,104
Light and Power Fund 39,637,952
Sewer Fund 10,042,021
Storm Drainage Fund 2,137,005
Water Fund 12,463,606
TOTAL ENTERPRISE FUNDS $ 65,240,832
Internal Service Funds
Benefits Fund $ 2,232,433
Communication Fund 868,515
Energy Fund 766,422
Equipment Fund 2,141,753
TOTAL INTERNAL SERVICE FUNDS $ 6,009,123
Special Revenue and Debt Service Funds
Community Services Fund $ 333,369
Cultural Services & Facilities Fund 11033,944
Debt Service Fund 5,653,934
Fire Pension Fund 211,500
General Employees' Retirement Fund 170,500
Perpetual Care Fund 58,545
Police Pension Fund 74,100
Recreation Fund 2,0901050
Revenue Sharing Fund 333,369
Rockwell Ranch Fund 1,600
Sales and Use Tax Fund 20,941,791
Southridge Greens Fund 15,000
Street Oversizing Fund 2,285,250
Transportation Services Fund 5,254,186
TOTAL SPECIAL REVENUE & DEBT SERVICE FUNDS $ 38,457, 138
CAPITAL IMPROVEMENTS FUNDS
PROJECT AMOUNT
Street Maintenance
Major $ 760,000
Minor 100,000
Sidewalk Program 20,000
Pedestrian Access Ramps 10,000
Total Street Maintenance E 890.000
Poudre Fire Authoritv
Equipment Replacement $ 125.000
Total Poudre Fire Authority S 125,000
Facilities
Indoor Pool Renovation $ 12,000
Total Facilities $ 12.000
TOTAL GENERAL CITY CAPITAL - ESSENTIAL S 1 .027,000
GENERAL CITY CAPITAL - NECESSARY
Street Capital
Timberline-Prospect to Summitview ROW $ 479,000
Mason Howes Phase II-Cherry to College 300,000
S. College Medians-Creger to Harmony 235,000
Horsetooth RR Crossing-W. of Timberline 388,000
Total Streets Capital $ 1.402.000
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Street Maintenance
Railroad Crossing Improvements $ 50,000
Total Street Maintenance $ 50,000
Open Space and Trails
Recreation Trails West of Taft Hill $ 140,000
Riverbond Ponds 75,000
Total Open Space and Trails $ 215,000
TOTAL GENERAL CITY CAPITAL - NECESSARY $ 1,667,000
Sewer
Drake Trunk Relief Sewer $ 35,000
Methane Reuse System 150,000
Spring Creek Relief Sewer 60,000
Warren Lake Trunk Sewer 175,000
WWTP #2 Improvements 600,000
TOTAL SEWER $ 1,020,000
Storm Drainage
Canal Importation Basin $ 282,120
Cooper Slough Basin 80,000
Dry Creek Basin 30,000
Evergreen Park/Greenbriar Basin 82,249
Foothills Basin 256,405
Fossil Creek Basin 80,000
Fox Meadows Basin 70,387
McClellands/Mail Creek Basin 216,538
Spring Creek Basin 350$ 21
West Vine Basin 59,678
TOTAL STORM DRAINAGE $ 1,507,698
Water
High Pressure IMP $ 250,000
Northeast Loop Water Line 790,000
Timberline Water Line 84,000
Treated Water Reservoir 120,000
West Prospect Water Line 707000
Westside Transmission 110,000
TOTAL WATER S 1,424,000
TOTAL CAPITAL PROJECTS FUND $ 6,645,698
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Conservation Trust Fund
Other Open Space $ 125,000
Poudre Trail 25,000
Spring Creek Trail 25,000
Strauss Cabin Trail 200,000
TOTAL CONSERVATION TRUST FUND $ 375,000
Parkland Fund
Administration $ 67,665
Contingency 30,000
Overland Park 390,000
Park Site Equipment and Plantings 60,000
Trilby Area Acquisition (Fossil Creek) 30,518
Troutman Park 500,000
TOTAL PARKLAND FUND $ 1,078,183
TOTAL CAPITAL IMPROVEMENTS $ 8.098.881
TOTAL ALL FUNDS $141.995.271
BE IT FURTHER RESOLVED that the mill levy rate for the taxation upon
all the taxable property within the corporate limits of the City of Fort
Collins for the fiscal year ending December 31, 1987, shall be 12.860
mills, which levy represents the amount of taxes for City purposes
necessary to provide for payment during the ensuing budget year of all
properly authorized demands against the City. Said mill levy shall be
distributed as follows:
General Fund 0 & M. . . . . . . . . . . . . . . . . . . . . . . . . . 2.401 mills
Parks 0 & M. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 . 100 mills
Poudre Fire Authority Contribution. . . . . . 6.674 mills
Fire Pension Fund (Gen. Fund Unfunded Liab. .267) . . . .561 mills
(PFA Employer Contrib. .294)
Parks Debt Service. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. 124 mills
being a total of 12.860 mills, which levy is so distributed shall be
certified to the County Assessor and the Board of County Commissioners of
Larimer County, Colorado, by the City Clerk as provided by law.
Passed and adopted at a regular meeting of the Council of the City of
Fort Collins this 7th day of October, A.D. 1986.
ayor
ATTEST: M
City Clerk
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