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HomeMy WebLinkAboutbocc.res.049.2012A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO, PROVIDING SUPPLEMENTAL APPROPRIATIONS TO TNE 2011 BUDGET (Year End) Resolution � 2012 Recitals 1) Additional revenues are anticipated ta be received in 2011 than were appropriated, resuiting in a portion of unappropriated fund balance availabl2 for unanticipated expenditures that occur during the year; and 2} Certain revenues wiil become availabie that were not anticipated during the preparation of the 2011 budget; and 3) Certain revenues anticipated to be received in 2011 will not be realized and will result in a decrease in fund balance; and 4) Funds budgeted in 2011 can now be determined to be in excess of those needed for specific projects and can be retumed to fund balance; and 5) Upon due and proper notice, published in accordance with the law, said su plemental budget was open for inspection by the public at a designated place, a public hearing was hefd on �+ , 2012 and interested citizens were given an opportunity to file or register any objections to said supplementa! budget. NOW THEREFORE, BE IT RESOLVED by the Board of Couniy Cammissioners of Pitkin County, Colorado that adjustments be made to the 2011 budget as follows: Previous Revenue Expenditure Revised Budget Change Change Budget $ $ $ $ OPEN SPACE AND TRAILS Open Space and Trails is repairing and resurfacing the Rio Grande Trail. Staff would like to transfer the budget from trail repair line item to this project. Tra+l Repair/ResurFace Rio Grande (upper} Trail Paving 258,760 - (1$2,640} 76,120 105,968 - 182,640 288,608 FUND BALANCE CODING: OPEN SPACE AND TRAILS FUND BALANCE - - NET REVENUE INCREASE/(DECREASE) FUND BALANCE - HEALTHY RIVERS AND STREAMS The fiealthy FZivers and Streams Board wishes to partner with the Roaring Fork Conservancy in the Coal Creek 6asin/ Crystal River confluence are restoration project RFC Coal Creek Basin Restoration - - 48,269 48,269 - 48,269 In September the Healthy Rivers and Stream Boarcl discussed costs associated with various water court cases and projects it currently funds. Staff feels an additional $100,000 will cover the costs until the end of 2011. Work Projects 200,OOQ - 100,000 300,000 - 100,000 FUND BALANCE CODING: HEALTHY RIVERS AND STREAMS FUND BALANCE - 148,269 NET REVENUE INCREASE/(DECREASE) FUND BALANCE (148,269j � Previous Revenue Expenditure Revised Budget Change Change Budget $ $ $ $ AIRPORT FUND At year end 2011, several airport project budgets required adjustment. There no new money being appropriated. Gate Replacement Boiler Replacement Terminal Repairs Greenhouse Gas Study AIP 40 - Airport Master Plan Study AIP 44 - Runway Extension Construction AIP 45 - Runway ESCtension Construction AIP XX - Anticipated Runway Grants 130,000 45,000 800, 000 150, 000 632,091 3,457,597 10, 736,203 1,000,000 FUND BALANCE CODING: A(RPORT FUND BALANCE NET REVENUE INCREASE!{DECREASE) FUND BALANCE TOTAL FOR THE RESOLUTION OPEN SPACE AND TRAILS FUND TOTAL HEALTHY RIVERS AND STREAMS FUND TOTAL AIRPORT TOTAL NET CHANGE FOR TOTAL RESOLUTION - 13,039 943,039 - 42,708 87,708 - (42,708) 757,292 - 228,350 378,350 - 229,604 861,695 - 313,370 3,770,967 - 215,637 10,951,840 - (1,OOQ,000) - - 148,269 - 148,269 (148,269) INTRODUCED, FIRST R AND S T FOR PUBLIC HEARING ON 7' ��r �0� �' AND SET FOR PUBLIC HEARING ON TFlE �Y OF / � N0710E OF PUBLIG NEARING PUBLISHED IN THE ASPEN TIMES WEEKLY ON THE� i�DAY OF ��_ ADOPTED AFTER SECOND READING AND PUBLIC HEARING ON LI' if'r' 1�'t' PUBLISI�.ED BY T(TLE AND SHORT SUMMARY, AFTER ADOPTION, IN THE ASPEN TIMES WEEKLY ON THE b� dl� DAY OF � 2012. I1 `� n '` 'E JONES COUNTY C APPROVED AS TO CONTENT: N REDMOND NANCE DIRECTOR BOARD OF COUNTY C 1 IONERS: �� w �, IC AEL . SL Y, CHAIR DATE 7 " i S - ,20/i. MANAGER APPROVAL: � .._�� — `7DN PEACOC COUNTY MANAGER �