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HomeMy WebLinkAboutbocc.res.066.1999A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO, PROVIDING SUPPLEMENTAL APPROPRIATIONS TO THE 1998 BUDGET Resolution #99`66 Recitals 1) More revenues are anticipated to be received in 1998 than were appropriated, resulting in a portion of unappropriated fund balance available for unanticipated expenditures that occur during the year; and 2) Certain revenues will become available that were not anticipated during the preparation of the 1998 budget; and 3) Certain revenues anticipated to be received in 1998 will not be realized and will result in a decrease in fund balance; and 4) Funds budgeted in 1998 can now be determined to be in excess of those needed for specific projects and can be returned to fund balance; and 5) Upon due and proper notice, published in accordance with the law, said supplemental budget was open for inspection by the public at a designated place, a public hearing was held on March 24, 1999, and interested taxpayers were given an opportunity to file or register any objections to said supplemental budget. NOW THEREFORE BE IT RESOLVED by the Board of County Commissioners of Pitkin County, Colorado that adjustments be made to the 1998 budget as follows: Previous Revised Budget This Change Proi Budget $ $ $ GENERAL FUND GENERAL REVENUES AND TRANSFERS Transfers Upon review of state statute and input from an interested citizen, the County's Financial staff recommends amending our original 1998 budget accounting approach pertaining to the commitment of $ 509,000 from the General Fund to 1998 county capital road improvements and capital repair. Instead of transferring this money to the Use Tax fund, wherein capital road projects are budgeted, an equal amount of sales tax will be recognized in the Road and Bridge fund and then that amount will be transferred to the Use Tax fund to be spent. This new approach more closely parallels the intent of the Road and Bridge funding statutes and our own local sales tax ballot language. General Fund Transfer to the Use Tax Fund (exp) General Fund General Revenues (sales tax) 509,000 (509,000) 0 8,570,313 f509,000) 8,061,313 0 Use Tax Fund Transfer from General Fund (rev) Use Tax Transfer from Road & Bridge Fund (rev) Road & Bridge General Revenues (sales tax) Road and Bridge Transfer to Use Tax Fund (exp) Previous Revised Budget This Change Proi Budget $ $ $ 509,000 (509,000) 0 0 509.000 509,000 0 880,398 509,000 1389,398 0 509.000 509,000 0 The County's General Fund provides budget for our multi -year sewerline project located at the Airport, Fleet Service Center and RFTA Bus Maintenance facility. An additional $ 38,500 is needed to finish the project. We expect to see additional landowners connect to this sewerline so there will be reimbursements from them for a share of our capital cost during the next few years. This budget is transferred into the Use Tax fund from the general fund because the project is administered in the Use Tax fund, historically General Fund Transfer to the Use Tax Fund (exp) 0 38,500 38,500 GENERAL REVENUE AND TRANSFER SECTION NET REVENUE (EXPENDITURE) CHANGE (38,500) ELECTED/EXECUTIVE Board of County Commissioners The Pitkin County Capital Replacement and Improvements Funding Committee of Citizens (CAPCO) conducted an intense 8 meetings (totaling 32 hours) over 2-3 months last spring and summer to investigate how best to fund Pitkin County's capital and asset replacement needs. Expenses for the process included printing, temporary clerical support, and meals. CAPCO Citizens group expenditures 0 11,500 11,500 County Manager Small office remodel projects for all general fund departments; adjusting the original project revenue for the project management position to show the full costs of her projects. Project management revenue 15,283 6,250 21,533 Small office projects expenditures 66 250 (CM.c$ 10,000) 0 ELECTED/EXECUTIVE SECTION NET REVENUE (EXPENDITURE) CHANGE (11,500) ADMINISTRATIVE SERVICES SECTION Operating Savings $ 160,000 credit was budgeted initially to cover merit raises that were budgeted in individual departments but is really funded from general labor attrition and savings. This budget is reversed at the end of each year because actual savings can be demonstrated then. Operating savings expenditures (160,000) 160,000 0 2 Previous Revised Budget This Change Proi Budget $ $ $ ADMINISTRATIVE SERVICES SECTION NET REVENUE (EXPENDITURE) CHANGE (160,000) ENVIRONMENTAL QUALITY SECTION Community Development (Building Inspection) Effective, October 1, 1998, Building Inspection revenues exceed our estimated budget by $ 213,921. We would like to recognize these additional revenues. Earlier in 1998, Building Inspection received permission to purchase 12 replacement computers, whose Windows 95 software and enhanced hardware will be compatible with their new Eden permitting system. Funds for these computers were to come from prior year savings, but because the current revenues show considerable excess, we will use them. Review detail follows: 1. Construction permits 40,000 2. Plan checks 120,000 3. Energy code reviews 20.000 County share is 100 % 200,000 Building Inspection operating revenues Building Inspection personal computer expenditures 626,249 200,000 826,249 0 30.000 30,000 (170,000) Environmental Health Revisions to Environmental Health 1998 budgeted revenues and expenditures: Environmental Health administration expenditure 5,774 4,320 10,095 Increase expenditure budget for sick and vacation pay -out for a terminating employee 4 $ 6,378. The County's share of departmental costs average 67.74 %. Smuggler Superfund revenues 0 5,913 5,913 Environmental Health has gained permission from the State Attorney General's office to use Solid Waste Center collected State Superfund tip fees to cover the labor costs associated with administering the institutional controls, etc, at the Smuggler Superfund site. Estimated labor and associated benefits and overhead totals $11,825. The County's share of the superfund program is 50%. Net cost of budget changes (1,593) State SuDerfund Clean-uo The original 1998 budget assumed a second Smuggler blood lead study, for which the EPA would contribute nothing. In late 1997, EPA agreed to fund a portion of the 1997 and 1998 Smuggler blood study. Those studies have been budgeted so we need to unappropriated the original 1998 blood study budget. 1998 Smuggler blood study expenditures 40,000 (40,000) 0 Environmental Health has gained permission from the State Attorney General's office to use Solid Waste Center collected State Superfund tip fees to cover the labor costs associated with administering the institutional controls, etc, at the Smuggler Superfund site. Estimated labor and associated benefits and 3 overhead for 1998 totals $11,825. State Superfund operations expenditures Previous Revised Budget This Change Proi Budget $ $ $ 7467 11,825 19,292 County Housing The Board of County Commissioners agreed to fund 80 % of the current cost of Lazy Glen Mobile Home Park sewer system investigation needs. The budget is provided by the county's payment -in -lieu -of - housing sources. Lazy Glen Mobile Home Park expenditures 6,788 13,179 19,967 Remedy and repair work on Williams Woods housing project's roof problems (snow build-up and snow melt damage) required working with homeowners and various design processes; actual repair work included: building repair ($ 24,365), installation of electric heat tapes ($ 20,000), replacing siding ($ 10,000), etc. The county's project manager will assess 10% of the project cost ($5,435) for her management services. Funding for this remedy is provided from the County's payment -in -lieu -of -housing reserves. Williams Woods roof repair expenditures 0 59,800 59,800 Other housing projects have been approved during 1998: Courthouse Plaza building•. Housing Office expansion expenditures 0 13,800 13,800 (Remodeling costs are a County only expense: it's a County building.) Housing Office and County Housing Projects: Housing Office furnishings expenditures 0 4,950 4,950 (50/50 share with City of Aspen for new furniture, computers, and equipment for new offices - $ 9,900) Housing Office operating expenditures 107,723 11,800 119,523 (Additional staffing: a project manager and assistant Housing Director. Projected 1998 salary costs for the assistant Housing Director for six months are split 50/50 with the City of Aspen while project manager salary costs will be covered by the housing projects in process.) Housing roundtable project expenditures 0 4,000 4,000 Community's affordable employee housing study expenditures 0 1,800 1,800 Conceptual, the Housing Office saved this much money in 1997 from its operations (general fund), but BOCC directs County's payment -in -lieu -of -housing funding to cover these costs in 1998. The Housing Authority is incurring costs associated with the W/J housing project lawsuit. It is expected that these legal services will be needed into 1999 as well. Current 1998 costs are estimated at $15,000 and will be split 50/50 with the City of Aspen. County's payment -in -lieu -of -housing reserves will fund these expenses. W/J lawsuit legal services expenditures 0 7,500 7,500 ENVIRONMENTAL QUALITY SECTION 4 Previous Revised Budget This Change Proi Budget $ $ $ NET REVENUE (EXPENDITURE) CHANGE 82,939 PUBLIC WORKS SECTION General Fund Open Space Hummingbird Lode Purchase - The appraised value of this property is $ 5,200,000. The Auster family donated one-half the value to Pitkin County for tax benefits. The total County purchase price was $ 2,600,000 funded as follows: $ 1,016,000 Pitkin County Open Space and Trails fund $ 1,016,000 City of Aspen $ 199,424 Public contributions $ 2,231,424 The remaining $ 368,576 is to be funded by the sale of the county's Mascotte 99 property to the City of Aspen. Technically, the general fund purchased the whole Hummingbird Lode parcel first (in January, 1998) and then allocated a portion to Open Space and Trails fund after the BOCC recorded the deed restriction. Purchase of Hummingbird Lode Property 2,600,000 Share to Open Space and Trails Fund (1,016,000) General Fund Purchase of Hummingbird Lode exp 0 1,584,000 1,584,000 City of Aspen contribution revenue 0 1,016,000 1,016,000 Public Contributions revenue 0 199,424 199,424 Sale of Mascotte Property (revenue) 0 368,576 368,576 (1,584,000) Net Cost to Pitkin County General Fund 0 Two mining claims were transferred to Pitkin County as TDR's (transfer development rights). The County received'/z of the Scottish Chief ($40,000), resulting in our owning the whole mining claim. We also received a TDR for the Richard III lode ($79,970). Staff is recommending that these resources be designated for one- time capital needs of Pitkin County. Mining Claim TDR revenue 0 79,970 79,970 PUBLIC WORKS SECTION NET REVENUE (EXPENDITURE) CHANGE 79,970 GENERAL FUND GRAND TOTAL NET REVENUE (EXPENDITURES) CHANGE (47,091) 5 Previous Revised Budget This Change Proj Budget $ $ $ USE TAX FUND Transfers Instead of transferring general fund money to the Use Tax fund, wherein capital road projects are budgeted, an equal amount of sales tax will be recognized in the Road and Bridge fund and then that amount will be transferred to the Use Tax fund to be spent. Please reference a complete description of this change in the General Fund section of this supplemental budget resolution. Use Tax Fund Transfer from General Fund (rev) 509,000 (509,000) 0 Use Tax Transfer from Road & Bridge Fund (rev) 0 509.000 509,000 0 Road Projects Highway 82 Road Improvements Revisions to Highway 82 road construction projects in 1998: Highway 82 construction pool expenditures 928,753 (928,753) 0 (Initial Use Tax funding for 1998 was budgeted into a construction pool account. Specific projects approved by BOCC are budgeted during the year.) Maroon -Castle -Hwy 82 Roundabout expenditures 44,500 105,500 150,000 (Engineering and design of the Maroon -Castle roundabout to be constructed in 1999.) Maroon Crk Club to AABC Slip Lane expenditures 0 6,500 6,500 Aspen Village landscape expenditures 0 20,000 20,000 A section of the sewerline between the Airport and RFTA and Fleet Service Center facilities had to be re- constructed due to the Airport-Hwy82 Bow -out road project. Highway 82 Use Tax funds paid for replacing the existing section sewerline. Sewerline project expenditures 42,462 38,000 80,462 Relocation of Hwy82 (Bow -out) expenditures 74,008 (38,000) 36,008 0 Use of Highway 82 project fund balance (796,753) County -side Road Improvements Pitkin County administered an asphalt overlay of the Airport's Frontage Road in 1998. The Airport agreed to fund 95 % of that project ($ 100,700). The original project cost of $ 106,000 actually totaled $ 154,421. Airport administrative staff must obtain airline approval for the increase; this should occur in 1999. The remaining 10 % is the County's responsibility because of the traffic using the frontage road is from the community's airport intercept lot activity and HOV permit issuance there. Airport Frontage Road overlay expenditures 106,000 48,421 154,421 Airport Frontage Road reimburse revenues 0 100.700 100,700 (52,279) Other Capital Projects (funded by the General Fund) Correct the general fund share of the sewerline project (connecting the airport, RFTA, and Fleet Service Center to the Aspen Sanitation district sewerline. Not enough budget was carried over into 1998 to 6 Previous Revised Budget This Chancre Proi Budget $ $ $ complete the project. There will be reimbursement resources received over the next number of years from new entities connecting to the county sewerline to off -set some of these costs, starting in 1999. Sewerline construction expenditures 80,462 38,500 118,962 Use Tax transfer from the General Fund (revenue) 0 38.500 38,500 0 This budget is transferred into the Use Tax fund from the general fund because the project is administered in the Use Tax fund, historically. Increase (decrease) in fund balances: Highway 82 road projects County -side road projects USE TAX FUND TOTAL NET REVENUE (EXPENDITURES) CHANGE 796,753 52,279 849,032 ROAD AND BRIDGE FUND General Revenues and Transfers Instead of transferring general fund money to the Use Tax fund, wherein capital road projects are budgeted, an equal amount of sales tax will be recognized in the Road and Bridge fund and then that amount will be transferred to the Use Tax fund to be spent. This new approach more closely parallels the intent of the Road and Bridge funding statutes and our own local sales tax ballot language. Please reference a complete description of this change in the General Fund section of this supplemental budget resolution. Road & Bridge General Revenues (sales tax) 880,398 509,000 1389,398 Road and Bridge Transfer to Use Tax Fund (exp) 0 509.000 509,000 ROAD AND BRIDGE FUND TOTAL NET REVENUE (EXPENDITURES) CHANGE 0 0 OPEN SPACE FUND Open Space Acquisition Initially in 1997, the Open Space and Trails Fund budgeted $ 260,000 in earnest money for purchase of the Hummingbird Lode (Auster property). The money was technically disbursed in 1998 but the budget was not carried over. We are appropriating that earnest money budget now. Auster Property Purchase expenditures 757,900 260,000 1,017,900 The Board of County Commissioners approved the execution of a contract to purchase an option on a conservation easement for the Jerome Park Ranch with Ordinance #98-13. This ordinance authorizes the expenditure of the option payment of $500,000 and the investment of $1,700,000 of Open Space and Trails funds into an irrevocable trust to be established for the closing of this option in 2007. 7 Previous Revised Budget This Change Proi Budget $ $ $ Jerome Park Acquisition expenditures 0 2,200,000 2,200,000 The Open Space and Trails Board recommended to the Board of County Commissioners the expenditure of $400,000 for the purchase of a conservation easement on approximately 90 acres of the Moore PUD. The BOCC authorized this expenditure with Ordinance #98-03. Funding is being transferred from the annual Open Space Conservation Easement Pool. Moore Conservation Easement expenditures Conservation Easement Pool expenditures OPEN SPACE FUND NET REVENUE (EXPENDITURES) CHANGE 0 400,125 400,125 1,400,000 (400,125) 999,875 0 (2,460,000) ENHANCED 911 AUTHORITY FUND Enhanced 911 Authority Operations On August 3, 1998 and again on October 20, 1998, the Aspen/Pitkin County Emergency Telephone Service Authority revised their annual budget. Summary of these two changes: correction of double -budgeted interest income on fund balance, reduction of E911 surcharge revenue, adding and then removing a $ 50,000 lease/purchase payment for replacement of the E911 hardware, and changing operations line -items and capital outlay. The result is a decrease in fund balance of $ 49,212. The adjusted fund balance totals $ 18,464. General revenues E911 operating revenues E911 operating expenditures ENHANCED 911 AUTHORITY FUND NET REVENUE (EXPENDITURES) CHANGE 3,746 212,866 118,143 (3,746) (19,466) 26,000 49,212 (49,212) 0 193,400 144,143 RUEDI WATER AND POWER AUTHORITY County manager approved projects 4 10,000 Ruedi Water and Power Authority has received a contract for $ 5,000 from the state Water Conservation Board. It will be spent on a stabilization study of the Roaring Fork River Roaring Fork River stabilization study revenues 0 5,000 5,000 Roaring Fork River stabilization study expenditures 0 5,000 5,000 0 RUEDI WATER & POWER AUTHORITY FUND NET REVENUE (EXPENDITURES) CHANGE 8 0 Previous Revised Budget This Change Proi Budget $ $ $ 0.5 TRANSIT SALES/USE TAX FUND Pursuant to the 9-14-93 Comprehensive Valley Transportation Plan intergovernmental agreement, all three government entities (Pitkin County, Snowmass Village, and the City of Aspen) approved the following budget changes by informal resolution in 1997: Mass Transit 0.5 cent sales tax and use tax Revisions to the 0.5-cent Sales & Use Tax fund for mass transit, as approved by the Elected Official Transportation Committee during 1998. 1) The original 1998 budget was an estimate; the EOTC did not ratify the detail until early January. Here are the differences: General revenues (investment income) 125,000 20,000 145,000 RFRHA budget share expenditures 335,895 10,178 346,073 RFRHA enhanced public process expenditures Moore open space replacement expenditures CDOT corridor investment study advance expenditure 2) EOTC Resolutions during 1998: RFRHA corridor investment study expenditures Brush Creek corridor study expenditures RFRHA budget share expenditures Transfer to RFTA operations fund (expenditures) (For Regional Transportation Authority study) 0.5 TRANSIT SALES/USE TAX FUND TOTAL NET REVENUE (EXPENDITURES) CHANGE 0 0 900,000 56,875 0 346,073 127,000 127,000 67,500 67,500 (900,000) 0 (715,322) 618,000 674,875 12,000 12,000 60.413 406,486 690,413 1,004,883 75,000 1079,883 (50,091) AIRPORT FUND Airport Capital Projects Pitkin County administered an asphalt overlay of the Airport's Frontage Road in 1998. The Airport agreed to fund 95 % of that project ($100,700). The original project cost of $ 106,000 actually totaled $ 154,421. Airport administrative staff must obtain airline approval for the increase; this should occur in 1999. The remaining 10 % is the County's responsibility because of the traffic using the frontage road is from the community's airport intercept lot activity and HOV permit issuance there. Airport Frontage Road overlay expenditures 0 100,700 100,700 9 Previous Revised Budget This Change Proi Budget $ $ $ AIRPORT FUND TOTAL NET REVENUE (EXPENDITURES) CHANGE (100,700) RESOLUTION GRAND TOTAL NET REVENUE (EXPENDITURES) CHANGE (1,858,062) 10 INTRODUCED, FIRST READ, AND SET FOR PUBLIC HEARING AT THE REGULAR MEETING ON THE 10 th DAY OF MARCH, 1999. NOTICE OF PUBLIC HEARING PUBLISHED IN THE ASPEN TIMES ON THE 12 th DAY OF MARCH, 1999. APPROVED AND ADOPTED AFTER SECOND READING AND PUBLIC HEARING ON THE 24 th DAY OF MARCH, 1999. 1999. Attest: PUBLISHED AFTER ADOPTION IN THE ASPEN TIMES ON THE 2 nd DAY OF APRIL, Board of County Commissioners L'Tpa' ►+i inns Lyvye a /. bitA& ShtUtlt goy H►u*QeR E- Chairperson Deputy County Clerk Date: I • iz t y Approved As To Form: T John M. Ely County money Approved As To Content: Lynn Dunlop 0 Tom Oken Budget Director Administrative Services Director Manager Approval: 4d Sune S. Konlchan Co ty Manager Recommended For Approval: \I h do\word\reso\98-2 reso.doc 11 1998 FUND BALANCE ANALYSIS 1/1/98 Fund Balance 1998 Net Revenue (Expenditures) 12/31/98 Estimated Fund Balance GENERAL FUND Initial Appropriatns Current Revised Budget Yr-to-Date Appropriation Budget 27,619,080 0 0 27,619,080 (1,140,003) (5,253,541) (1,858,062) (8,251,606) 26,479,077 (5,253,541) (1,858,062) 19,367,474 OPERATING RESERVES TV Translator 177,766 (129,748) 0 48,018 Snowcat Sinking fund 12,298 0 0 12,298 Risk Management Retention Pools 757,668 0 757,668 Tipsy Taxi 176,289 0 176,289 Bldg Inspctn-major projects 45,328 0 45,328 Communty Devlpmnt- longrange planning 24,716 0 24,716 Lottery funds 88,725 (39,157) 0 49,568 Data Processing Plan Implementn 119,398 0 119,398 Office Equipment Pool 0 15,000 0 15,000 One-time capital projects 0 0 0 0 Disaster Contingency 570,689 0 570,689 Long-term investment 321,337 0 321,337 Library advance 256,393 0 256,393 Courthouse Plaza land lease 34,171 0 0 34,171 2,584,778 (153,905) 0 2,430,873 CAPITAL RESERVES Gen Fund Open Space Land Acqustn 80,886 0 0 80,886 Trails constrctn to mitigate PM-10 12,600 0 12,600 Superfund Landfill Fees 71,826 (7,424) 28,175 92,577 Dispatch replacement sinking fund 14,234 0 14,234 Joint Water Trust 75,899 (20,000) 0 55,899 Viet Nam Vet Memorial 5,672 0 0 5,672 DEBT SERVICE RESERVES Courthouse Plaza L/P Fleet Service Center UP GENERAL GOVERNMENT FUNDS Social Service Fund Road Improvement Districts Ambulance District Enhanced 911 Authority Ruedi Water & Power Authority Use Tax: 261,117 (27,424) 28,175 261,868 374,606 231,313 605,919 0 0 0 0 374,606 0 231,313 0 605,919 3,451,814 (181,329) 28,175 3,298,660 163,970 (9,188) 0 154,782 30,902 0 30,902 323,352 0 323,352 67,676 0 (49,212) 18,464 167,976 0 0 167,976 1998 FUND BALANCE ANALYSIS Highway 82 County Road projects Initial Appropriatns Current Revised Budget Yr-to-Date Appropriation Budget 150,000 1,187,501 (372,299) 796,753 1,611,955 150,000 650,196 (388,172) 52,279 314,303 ENTERPRISE FUNDS 1 AIRPORT Operating and Capital Reserves Debt Reserves 2,591,573 (769,659) 799,820 2,621,734 1,373,117 (308,108) (100,700) 964,309 1,204,000 0 0 1,204,000 2,577,117 (308,108) (100,700) 2,168,309 SOLID WASTE CENTER Contingency Reserve 0 0 0 Post -Closure reserve 1,769,399 (150,000) 0 1,619,399 Available for projects 1,396,101 (1,147,630) 0 248,471 3,165,500 (1,297,630) 0 1,867,870 TRANSPORTATION 0.5 CENT TRANSIT Sales/Use Tax Operating and Capital Reserves PITCO TRANSIT SALES TAX DEBT LIBRARY 2,665,812 436,146 0 (50,091) 2,615,721 0 436,146 3,101,958 0 (50,091) 3,051,867 Library Endowment Fund 3,108,096 0 3,108,096 General fund loan principal (256,393) 0 (256,393) Amendment one emergency reserve 46,371 0 46,371 Library Board contingency 60,000 0 60,000 Available for projects 262,729 (125,588) 0 137,141 3,220,803 (125,588) 0 3,095,215 OPEN SPACE & TRAILS Open Space Fund 4,291,438 (767,687) (2,460,000) 1,063,751 Burnt Mtn Settlement agreement 635,080 0 635,080 4,926,518 (767,687) (2,460,000) 1,698,831 HOUSING County PILH Pitkin Iron housing project Williams Wds & Twinridge Constn Co -Housing Construction Housing Bonds gf gf gf 1,015,459 (726,656) (116,829) 171,974 164,443 0 164,443 30,924 0 30,924 0 0 0 196,280 0 196,280 1,407,105 (726,656) (116,829) 563,620