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Home My WebLink Aboutbocc.packet.12152014 - 2015 Budget DocumentsAGENDA ITEM SUMMARY MEETING DATE: December 15, 2014 AGENDA ITEM TITLE: Second Reading and Public Hearing for Three Resolutions Concerning the 2015 Budget: 1. A Resolution Summarizing Revenues and Expenditures for Each Fund and Adopting a Budget for Pitkin County, Colorado for the Calendar Year 2015 2. A Resolution Appropriating Sums of Money to the Various Funds for Pitkin County, Colorado, for the 2015 Budget Year 3. A Resolution Levying General Property Taxes for the Year 2014, to Help Defray the Costs of Government for Pitkin County, Colorado, and Its Special Districts for the 2015 Budget Year STAFF RESPONSIBLE: John Redmond, Connie Garofalo ISSUE STATEMENT: We are seeking approval on three resolutions concerning the 2015 budget. The 2015 Budget Adoption Resolution and the Budget Appropriation Resolution represent the 2015 budget by fund as prescribed by state budget law. It is necessary to formally adopt and then appropriate the 2015 budget. In addition, there is a resolution to set the mill levies for the funds that the Board of County Commissioners oversees including the General Improvement Districts and Ambulance District. LINK TO STRATEGIC PLAN: The County prepares a five-year budget plan in order to assure the responsible and accountable stewardship of County assets and the long-term sustainability of services and infrastructure. Recommendations for additions to the budget are evaluated in light of the County’s strategic plan. Three key issues emerged this year as challenges affecting staff’s ability to carry out the goals of the strategic plan: facilities, information technology, and employee capacity and retention. The renewal and modernization of the County’s infrastructure became the main focus of budgetary efforts, and supplemental (buy-up) requests advancing these needs were given priority. BACKGROUND: This budget complies with the County’s budget policy to adopt a balanced five-year plan for General Fund operations (General Fund, Road & Bridge and Human Services funds). This policy assures that any ongoing requests for services can be funded over a period of time, and further assures that the County can financially sustain the services valued by the community. The budget plan for General Fund operations provides a surplus of $1,888,380 over the five years. Staff has also presented a Capital Fund ten-year plan with a revenue stream funded from 52% of sales tax collections in order to maintain the County’s infrastructure (roads, facilities, technology, and vehicles) on a long-term basis. Budget Resolutions: Over the last two months the Board has heard presentations from representatives of each strategic plan core focus area to understand the operations and needs of the departments which are providing services to our citizens. During these meetings, the Board supported additions to the base budget that were justified to meet increases in service demands and/or enhance the strategic goals of the County. A 1 summary of the buy-up requests submitted is provided as an attachment to this memo, as well as, a summary of the General Fund operations five-year plan and the 10-year Capital plan. Multi-year budget plans are also attached for the special revenue and enterprise funds of Pitkin County. Interest income projections have been adjusted where necessary to reflect the increase or decrease in fund balances. Setting County Mill Levies: Every two years, the County Assessor revalues all properties in the County. The 2013 revaluation of County property was based on market conditions as of June 30, 2012, and affects the County property tax revenues for 2014 and 2015. Total 2015 property tax revenues for the County are $24.2 million. Valuations have not changed substantially from the prior year, and the 2015 General Fund property tax varies little from the amount estimated in the prior year’s budget. Property taxes per fund are $7.1 million to support the General Fund (General, Road & Bridge, and Human Services); $9.8 million to the Open Space and Trails program; $2.1 million to the Healthy Community Fund; $3.6 million to the Library District; $754 thousand for the TV and FM Translator program; and $25 thousand for Twining Flats and Redstone Ranch Acres General Improvement Districts. On November 4, 2014, voters approved the first mill levy increase for the Ambulance District in its 32 year history. The original mill levy of 0.82 mills had been reduced over the years due to the restrictions of the Home Rule Charter and the Tax Payers’ Bill of Rights. The maximum tax the District would have levied under these restrictions is 0.225 mills, or $443,249. Voters approved an increase in the mill levy to 0.501 mills, which would have generated $982,601. The Board decided to give a temporary credit for 2015, setting the levy at 0.400 mills in order to generate $784,512. This amount is sufficient to maintain the current level of fund balance, but will need to be increased should the District decide to build a new facility. KEY DISCUSSION ITEMS: 1. The Finance Department and Leadership Team will continue to monitor significant revenue streams, including sales tax, investment income, Clerk’s fees, and Community Development fees (Building, Planning, and Environmental Health), as these revenues have historically seen the most volatility. 2. The Finance Department will continue to review the expenditure budget on a line-by- line basis and advise the Commissioners of any potential changes at quarterly budget update meetings. BUDGETARY IMPACT: These documents are the basis for the 2015 budgets for all funds which the Board of County Commissioners oversees. RECOMMENDED BOCC ACTION: Each resolution needs to be acted upon as a separate action item. 1. Approve A Resolution Summarizing Revenues and Expenditures For Each Fund and Adopting a Budget for Pitkin County, Colorado for the Calendar Year 2015 at second reading and public hearing on December 15, 2014. 2 2. Approve A Resolution Appropriating Sums of Money to the Various Funds, for Pitkin County, Colorado, for the 2015 Budget Year at second reading and public hearing on December 15, 2014. 3. Approve A Resolution Levying General Property Taxes for the Year 2014, to Help Defray the Costs of Government for Pitkin County, Colorado, and Its Special Districts for the 2015 Budget Year at second reading and public hearing on December 15, 2014. ATTACHMENTS: The above mentioned resolutions are attached. In addition, the following items have been attached:  Fund Balance Overview showing revenues and expenditures by fund for the Pitkin County 2015 Budget  General Fund Operations Five-Year Plan  Capital Fund Ten-Year Plan  Fund Balance Bar Chart  Multi-year budget plans for the County’s special revenue funds and enterprise funds  Summary of the supplemental budget requests submitted by staff and recommended for funding 3 RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO RESOLUTION # ______ -2014 A RESOLUTION SUMMARIZING REVENUES AND EXPENDITURES FOR EACH FUND AND ADOPTING A BUDGET FOR PITKIN COUNTY, COLORADO FOR THE CALENDAR YEAR 2015. 2015 USE OF TRANSFER TOTAL PRIOR YEARS' FROM OTHER FUNDS REVENUES SURPLUS FUNDS TOTAL General Fund 20,041,543 6,175,393 504,958 26,721,894 Capital Fund 4,557,967 0 5,500,000 10,057,967 Road & Bridge Fund 2,943,724 0 0 2,943,724 Human Services Fund 1,856,849 17,295 40,000 1,914,144 Translator Fund 836,906 712,323 0 1,549,229 Healthy Community Fund 2,162,122 0 0 2,162,122 Redstone Ranch Acres GID Fund 8,997 0 0 8,997 Aspen Ambulance District Fund 811,246 19,563 0 830,809 Open Space & Trails Fund 10,371,860 0 69,000 10,440,860 Conservation Trust Fund 53,130 0 0 53,130 Housing Impact Fund 808,700 6,589,014 0 7,397,714 Healthy Rivers and Streams Fund 939,655 0 0 939,655 Transit Sales/Use Tax Fund 14,081,861 2,924,107 0 17,005,968 Aspen Library Capital Reserve Fund 8,420 1,991,580 0 2,000,000 Aspen Library Fund 5,848,196 962,442 2,000,000 8,810,638 Transit Sales Tax Debt Fund 657,343 0 0 657,343 Twining Flats GID Fund 17,389 1,866 0 19,255 Airport Fund 15,067,868 0 0 15,067,868 Solid Waste Center Fund 4,912,135 182,885 0 5,095,020 85,985,911 19,576,468 8,113,958 113,676,337 1) The Board of County Commissioners of Pitkin County has appointed the County Manager to prepare and submit a proposed budget for their approval. This budget was prepared in conformance with Colorado State Constitution Amendment One; and 2) Upon due and proper notice, published or posted in accordance with state law, said proposed budget was open for inspection by the public at a designated place, a public hearing was held on December 15, 2014, and interested citizens were given the opportunity to file or register any objections to said proposed budget; and 3) Whatever increases may have been made in expenditures, like increases were made to revenues so that the budget remains in balance; and NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Pitkin County, Colorado that estimated revenues, transfers from other funds, and use of prior years' surplus for each fund are as follows: 4 2015 ADDITIONS TRANSFER TOTAL TO TO OTHER FUNDS EXPENDITURES SURPLUS FUNDS TOTAL General Fund 21,152,894 0 5,569,000 26,721,894 Capital Fund 6,145,487 3,912,480 0 10,057,967 Road & Bridge Fund 2,943,724 0 0 2,943,724 Human Services Fund 1,914,144 0 0 1,914,144 Translator Fund 1,549,229 0 0 1,549,229 Healthy Community Fund 1,618,017 52,147 491,958 2,162,122 Redstone Ranch Acres GID Fund 7,435 1,562 0 8,997 Aspen Ambulance District Fund 830,809 0 0 830,809 Open Space & Trails Fund 5,175,030 5,265,830 0 10,440,860 Conservation Trust Fund 0 130 53,000 53,130 Housing Impact Fund 7,397,714 0 0 7,397,714 Healthy Rivers and Streams Fund 593,544 346,111 0 939,655 Transit Sales/Use Tax Fund 17,005,968 0 0 17,005,968 Aspen Library Capital Reserve Fund 0 0 2,000,000 2,000,000 Aspen Library Fund 8,810,638 0 0 8,810,638 Transit Sales Tax Debt Fund 657,343 0 0 657,343 Twining Flats GID Fund 19,255 0 0 19,255 Airport Fund 14,703,751 364,117 0 15,067,868 Solid Waste Center Fund 5,095,020 0 0 5,095,020 95,620,002 9,942,377 8,113,958 113,676,337 ATTEST:BOARD OF COUNTY COMMISSIONERS Jeanette Jones Robert A. Ittner, Jr., Chair Deputy County Clerk Date: That estimated expenditures, transfers to other funds, and additions to surplus for each fund are as follows: That estimated expenditures, transfers to other funds, and additions to surplus for each fund are as follows: That the budget as submitted, amended and herein above summarized by fund, is hereby approved and adopted as the budget of Pitkin County for 2015. That the budget as hereby approved and adopted shall be signed by the Chairman of the Board of County Commissioners and made a part of the public records of the County. INTRODUCED, FIRST READ, AND SET FOR PUBLIC HEARING ON THE 3RD DAY OF DECEMBER, 2014. NOTICE OF PUBLIC HEARING AND TITLE AND SHORT SUMMARY OF THE RESOLUTION PUBLISHED IN THE ASPEN TIMES WEEKLY ON THE 20TH DAY OF NOVEMBER, 2014. NOTICE OF PUBLIC HEARING AND THE FULL TEXT OF THE RESOLUTION POSTED ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.aspenpitkin.com) ON THE 5TH DAY OF DECEMBER 2014. ADOPTED AFTER FINAL READING AND PUBLIC HEARING ON THE 15TH DAY OF DECEMBER, 2014. POSTED BY TITLE AND SHORT SUMMARY ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.aspenpitkin.com) ON THE 19TH DAY OF DECEMBER, 2014. PUBLISHED BY TITLE AND SHORT SUMMARY, AFTER ADOPTION, IN THE ASPEN TIMES WEEKLY ON THE 25TH DAY OF DECEMBER, 2014. 5 RECOMMENDED FOR APPROVAL:MANAGER APPROVAL: John Redmond Jon Peacock Finance Director County Manager 6 RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, COLORADO RESOLUTION # ______ -2014 A RESOLUTION APPROPRIATING SUMS OF MONEY TO THE VARIOUS FUNDS FOR PITKIN COUNTY, COLORADO, FOR THE 2015 BUDGET YEAR. 2015 ADDITIONS TRANSFER TOTAL TO TO OTHER FUNDS EXPENDITURES SURPLUS FUNDS TOTAL General Fund 21,152,894 0 5,569,000 26,721,894 Capital Fund 6,145,487 3,912,480 0 10,057,967 Road & Bridge Fund 2,943,724 0 0 2,943,724 Human Services Fund 1,914,144 0 0 1,914,144 Translator Fund 1,549,229 0 0 1,549,229 Healthy Community Fund 1,618,017 52,147 491,958 2,162,122 Redstone Ranch Acres GID Fund 7,435 1,562 0 8,997 Aspen Ambulance District Fund 830,809 0 0 830,809 Open Space & Trails Fund 5,175,030 5,265,830 0 10,440,860 Conservation Trust Fund 0 130 53,000 53,130 Housing Impact Fund 7,397,714 0 0 7,397,714 Healthy Rivers and Streams Fund 593,544 346,111 0 939,655 Transit Sales/Use Tax Fund 17,005,968 0 0 17,005,968 Aspen Library Capital Reserve Fund 0 0 2,000,000 2,000,000 Aspen Library Fund 8,810,638 0 0 8,810,638 Transit Sales Tax Debt Fund 657,343 0 0 657,343 Twining Flats GID Fund 19,255 0 0 19,255 Airport Fund 14,703,751 364,117 0 15,067,868 Solid Waste Center Fund 5,095,020 0 0 5,095,020 95,620,002 9,942,377 8,113,958 113,676,337 1) The Board of County Commissioners has adopted the annual budget in accordance with the local government budget law, on December 15, 2014; and 2) The Board of County Commissioners has made provision therein for revenues in an amount equal to or greater than total proposed expenditures as set forth in said budget; and 3) It is not only required by law but also necessary to appropriate the revenues provided in the budget to and for the purposes described below, so as not to impair the operations of the County. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Pitkin County, Colorado that the following sums are hereby appropriated from the revenue of each fund, as the expenditures of each fund, for the purposes defined in the annual budget presentation: 7 ATTEST:BOARD OF COUNTY COMMISSIONERS Jeanette Jones Robert A. Ittner, Jr., Chair Deputy County Clerk Date: RECOMMENDED FOR APPROVAL:MANAGER APPROVAL: John Redmond Jon Peacock Finance Director County Manager AND FURTHER BE RESOLVED that all expenditures drawn against this appropriation shall be consistent with state law, the Pitkin County procurement code, the Pitkin County personnel policies, and Pitkin County resolution 83-10, as amended. INTRODUCED, FIRST READ, AND SET FOR PUBLIC HEARING ON THE 3RD DAY OF DECEMBER, 2014. NOTICE OF PUBLIC HEARING AND TITLE AND SHORT SUMMARY OF THE RESOLUTION PUBLISHED IN THE ASPEN TIMES WEEKLY ON THE 20TH DAY OF NOVEMBER, 2014. NOTICE OF PUBLIC HEARING AND THE FULL TEXT OF THE RESOLUTION POSTED ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.aspenpitkin.com) ON THE 5TH DAY OF DECEMBER, 2014. ADOPTED AFTER FINAL READING AND PUBLIC HEARING ON THE 15TH DAY OF DECEMBER, 2014. POSTED BY TITLE AND SHORT SUMMARY ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.aspenpitkin.com) ON THE 19TH DAY OF DECEMBER, 2014. PUBLISHED BY TITLE AND SHORT SUMMARY, AFTER ADOPTION, IN THE ASPEN 8 TO HELP DEFRAY THE COSTS OF GOVERNMENT FOR PITKIN COUNTY, COLORADO, AND ITS SPECIAL DISTRICTS FOR THE 2015 BUDGET YEAR PITKIN COUNTY BOARD OF COUNTY COMMISSIONERS RESOLUTION # ______ 2014 A RESOLUTION LEVYING GENERAL PROPERTY TAXES FOR THE YEAR 2014, 1) The assessed valuation for county-wide Pitkin County increased 0.42% as defined by the County Assessor's 2014 appraisal of all new real property as described by the existing state property tax law. This assessed valuation is applied to the mill levy for each county taxing entity or fund listed, to determine the property tax herein; and 2) A temporary mill levy reduction is necessary to avoid collection of excess revenue under Colorado State Constitution, Article X, Section 20, and the Colorado Legislature has determined that either a temporary property tax credit or a temporary mill levy rate reduction is a reasonable method for setting annual mill levies and effecting property tax refunds in accordance with Section 20 of Article X of the State Constitution, C.R.S. section 39-1-111.5; and 3) C.R.S. section 39-1-111.5 authorizes a local government to certify a refund in the form of a temporary property tax credit or a temporary mill levy rate reduction, provided that the certification includes the gross mill levy, the temporary property tax credit or temporary mill levy rate reduction expressed in mill levy equivalents, and the net mill levy and under C.R.S. section 39-1-111.5(4), the Assessor shall, concurrent with delivery of tax warrants to the Treasurer, itemize duly certified temporary property tax credits or temporary mill levy rate reductions in the manner set forth in C.R.S. section 39-1-111.5(2), and under C.R.S. section 39-1-111.5(5) the tax statements shall indicate by footnote which local government mill levies reflect a temporary property tax credit or temporary mill levy rate reduction for the purpose of effecting a refund, and 4) The 2014 valuation of assessment, as certified by the County Assessor on November 14, 2014, and the amount of money necessary to balance the budget for each county fund are listed in the attached table, and 5) The voters authorized an increase to the mill levy for the ambulance district up to .501 mills in November 2014. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Pitkin County, Colorado that for the purpose of balancing the 2015 budget, the following taxes are hereby levied upon each dollar of the total valuation for assessment of all taxable property within the taxing districts shown below for the year 2014; that a temporary mill levy rate reduction is authorized; and that the individual mill levies are expressed in terms of the gross mill levy, the temporary mill levy rate reduction shown in mill levy equivalents, and the net mill levy as shown in Exhibit A: 9 2014 2014 Assessed Net 2015 Taxing District and Fund Valuation Mill Levy Property Tax PITKIN COUNTY General Fund $ 2,609,828,700 2.476 $ 6,461,936 Road & Bridge Fund 2,609,828,700 0.182 474,989 Human Services Fund 2,609,828,700 0.065 169,639 TV & FM Translator 2,609,828,700 0.289 754,240 Healthy Community Fund 2,609,828,700 0.802 2,093,083 Open Space & Trails Fund 2,609,828,700 3.750 9,786,858 PITKIN COUNTY SUBTOTAL 19,740,745 Pitkin County Library Fund 2,443,984,400 1.490 3,641,537 Aspen Ambulance District Fund 1,961,279,130 0.400 784,512 Twining Flats GID Fund 2,471,540 6.755 16,695 Redstone Ranch Acres GID 1,746,290 4.978 8,693 GRAND TOTAL $ 24,192,182 ATTEST:BOARD OF COUNTY COMMISSIONERS Jeanette Jones Robert A. Ittner, Jr. Deputy County Clerk Date: INTRODUCED, FIRST READ, AND SET FOR PUBLIC HEARING ON THE 3RD DAY OF DECEMBER, 2014. NOTICE OF PUBLIC HEARING AND TITLE AND SHORT SUMMARY OF THE RESOLUTION PUBLISHED IN THE ASPEN TIMES WEEKLY ON THE 20TH DAY OF NOVEMBER, 2014. NOTICE OF PUBLIC HEARING AND THE FULL TEXT OF THE RESOLUTION POSTED ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.aspenpitkin.com) ON THE 5TH DAY OF DECEMBER 2014. ADOPTED AFTER FINAL READING AND PUBLIC HEARING ON THE 15TH DAY OF DECEMBER, 2014. POSTED BY TITLE AND SHORT SUMMARY ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.aspenpitkin.com) ON THE 19TH DAY OF DECEMBER, 2014. PUBLISHED BY TITLE AND SHORT SUMMARY, AFTER ADOPTION, IN THE ASPEN TIMES WEEKLY ON THE 25TH DAY OF DECEMBER, 2014. (also acting as the Board of Directors of the Aspen Ambulance District, and the Redstone Ranch Acres and Twining Flats General Improvement Districts) 10 RECOMMENDED FOR APPROVAL: MANAGER APPROVAL: John Redmond Jon Peacock Finance Director County Manager 11 20 1 4 p r o p e r t y t a x c o l l e c t e d i n 2 0 1 5 Ex h i b i t " A " 20 1 4 m i l l l e v y c a l c u l a t i o n w i t h t e m p o r a r y m i l l l e v y r a t e r e d u c t i o n Cu r r e n t P r i o r 2 0 1 4 20 1 4 M i l l L e v i e s Total Total TA X I N G D I S T R I C T 20 1 4 Gr o s s Y e a r Y e a r Ne t P r o p e r t y f o r A b a t e m e n t 2 0 1 4 2015 AN D F U N D Va l u a t i o n M i l l L e v i e s R e f u n d R e f u n d M i l l L e v i e s T a x A b a t e m e n t s Mill Levy Property Tax PI T K I N C O U N T Y Ge n e r a l F u n d 2, 6 0 9 , 8 2 8 , 7 0 0 3. 0 7 7 (0 . 5 8 7 ) (0 . 0 2 6 ) 2. 4 6 4 6, 4 3 0 , 6 1 8 0. 0 1 2 31,318 2.476 6,461,936 Ro a d & B r i d g e F u n d 2, 6 0 9 , 8 2 8 , 7 0 0 0. 2 2 8 (0 . 0 4 6 ) - 0. 1 8 2 47 4 , 9 8 9 - - 0 . 1 8 2 474,989 Hu m a n S e r v i c e s F u n d 2, 6 0 9 , 8 2 8 , 7 0 0 0. 0 6 5 - 0. 0 6 5 16 9 , 6 3 9 - - 0 . 0 6 5 169,639 TV & F M T r a n s l a t o r 2, 6 0 9 , 8 2 8 , 7 0 0 0. 3 7 4 (0 . 0 8 5 ) (0 . 0 0 1 ) 0. 2 8 8 75 1 , 6 3 0 0. 0 0 1 2,610 0.289 754,240 He a l t h y C o m m u n i t y F u n d 2, 6 0 9 , 8 2 8 , 7 0 0 0. 8 0 2 - (0 . 0 0 4 ) 0. 7 9 8 2, 0 8 2 , 6 4 4 0. 0 0 4 10,439 0.802 2,093,083 Op e n S p a c e & T r a i l s F u n d 2 , 6 0 9 , 8 2 8 , 7 0 0 3. 7 5 0 - - 3. 7 5 0 9, 7 8 6 , 8 5 8 - - 3 . 7 5 0 9,786,858 PI T K I N C O U N T Y F U N D S U B T O T A L 8. 2 9 6 (0 . 7 1 8 ) (0 . 0 3 1 ) 7. 5 4 7 19 , 6 9 6 , 3 7 8 0. 0 1 7 44,367 7.564 19,740,745 Pi t k i n C o u n t y L i b r a r y F u n d 2 , 4 4 3 , 9 8 4 , 4 0 0 1. 6 2 5 (0 . 1 3 5 ) (0 . 0 0 7 ) 1. 4 8 3 3, 6 2 4 , 4 2 9 0. 0 0 7 17,108 1.490 3,641,537 As p e n A m b u l a n c e D i s t r i c t 1 , 9 6 1 , 2 7 9 , 1 3 0 0. 5 0 1 (0 . 1 0 1 ) (0 . 0 0 1 ) 0. 3 9 9 78 2 , 5 5 1 0. 0 0 1 1,961 0.400 784,512 Tw i n i n g F l a t s G I D F u n d 2, 4 7 1 , 5 4 0 6. 7 7 1 - (0 . 0 1 6 ) 6. 7 5 5 16 , 6 9 5 - 6 . 7 5 5 16,695 Re d s t o n e R a n c h A c r e s G I D F u n d 1, 7 4 6 , 2 9 0 4 . 9 6 4 - (0 . 0 2 7 ) 4. 9 3 7 8, 6 2 1 0. 0 4 1 72 4.978 8,693 GR A N D T O T A L 22 . 1 5 7 (0 . 9 5 4 ) (0 . 0 8 2 ) 21 . 1 2 1 24 , 1 2 8 , 6 7 4 0. 0 6 6 63,508 21.187 24,192,182 te m p o r a r y m i l l l e v y r e d u c t i o n 12 Attachments 13 PITKIN COUNTY FUND BALANCE OVERVIEW 2015 Proj. Begin. Budgeted Budgeted Transfers Ending Net Change in Fund Balance as Fund Balance Revenues Expenditures In & Out Fund Balance Fund Balance % of Expenditures GENERAL FUND: General Fund Operations 11,014,449 24,842,116 26,010,762 (5,367,839) 4,477,964 (6,536,485) 17% General Fund Capital 958,897 4,557,967 6,145,487 5,500,000 4,871,377 3,912,480 79% TABOR Reserve 703,449 ‐ ‐ ‐ 703,449 Contingency 3,296,551 ‐ ‐ 343,797 3,640,348 343,797 General Fund Restricted *850,923 ‐ ‐ ‐ 850,923 ‐ TOTAL GENERAL FUND 16,824,269 29,400,083 32,156,249 475,958 14,544,061 (2,280,208) 45% SPECIAL REVENUE FUNDS: Open Space & Trails Fund 8,146,160 10,371,860 5,175,030 69,000 13,411,990 5,265,830 259% Healthy Rivers & Streams Fund 1,300,104 939,655 593,544 ‐ 1,646,215 346,111 277% Healthy Community Fund 128,578 2,162,122 1,618,017 (491,958) 180,725 52,147 11% Translator Fund 1,349,195 836,906 1,549,229 ‐ 636,872 (712,323) 41% Library Fund 4,339,924 5,848,196 8,810,638 2,000,000 3,377,482 (962,442) 38% Library Capital Reserve Fund 3,288,899 8,420 ‐ (2,000,000) 1,297,319 (1,991,580) Ambulance District 224,624 811,246 830,809 ‐ 205,061 (19,563) 25% Transit Sales & Use Tax Fund 9,649,620 14,081,861 17,005,968 ‐ 6,725,513 (2,924,107) 40% Transit Sales Tax Debt Fund 165,429 657,343 657,343 ‐ 165,429 ‐ 25% Housing Impact Fund 11,730,070 808,700 7,397,714 ‐ 5,141,056 (6,589,014) 69% Conservation Trust Fund 337 53,130 ‐ (53,000) 467 130 PROPRIETARY FUNDS: Airport 10,585,746 15,067,868 14,703,751 ‐ 10,949,863 364,117 74% Solid Waste Center 2,062,408 4,912,135 5,095,020 ‐ 1,879,523 (182,885) 37% GID FUNDS: Redstone Ranch Acres GID 8,946 8,997 7,435 ‐ 10,508 1,562 141% Twining Flats GID 19,948 17,389 19,255 ‐ 18,082 (1,866) 94% INSURANCE FUNDS: Risk 449,006 449,006 Insurance IBNR 2,757,171 2,757,171 Health Insurance ‐ ‐ TOTAL:73,030,434 85,985,911 95,620,002 ‐ 63,396,343 (9,634,091) 66% * Restricted Fund Balances: ‐ Park Dedication Fees 23,373 ‐ State Superfund Tip Fees 470,625 ‐ Veterans Memorial 2,557 ‐ Tipsy Taxi 94,508 ‐ $10 Motor Vehicle Fee 111,736 ‐ $1 E‐Recording Surcharge 78,124 ‐ Animal Shelter 70,000 850,923 14 20 1 4 I n i t i a l Bu d g e t 20 1 4 Y e a r - E n d Es t i m a t e 20 1 5 B u d g e t 2 0 1 6 B u d g e t 2 0 1 7 B u d g e t 2 0 1 8 B u d g e t 2 0 1 9 B u d g e t 2015-2019 5-Year Totals Ge n e r a l F u n d Re v e n u e s Pr o p e r t y T a x 6, 9 1 0 , 7 5 2 6, 9 1 0 , 7 5 2 7, 1 0 6 , 5 6 4 7, 4 0 5 , 0 4 0 7, 7 0 8 , 6 4 6 7, 9 9 3 , 8 6 6 8,297,633 Sa l e s T a x ( 4 8 % ) 3, 9 0 4 , 1 9 4 4, 0 3 9 , 6 1 9 3, 8 4 1 , 4 4 9 4, 0 3 3 , 5 2 1 4, 1 7 4 , 6 9 5 4, 3 2 0 , 8 1 0 4,472,038 Pa y m e n t I n L i e u o f T a x e s 88 4 , 0 0 0 1, 3 3 7 , 2 8 2 1, 3 3 7 , 2 8 2 1, 0 0 2 , 9 6 2 1, 0 0 2 , 9 6 2 1, 0 0 2 , 9 6 2 1,002,962 Mo t o r V e h i c l e T a x 19 0 , 0 4 6 19 0 , 0 4 6 22 7 , 4 4 9 23 6 , 9 6 1 24 6 , 6 7 7 25 5 , 8 0 4 265,524 Cl e r k ' s F e e s 72 5 , 2 0 0 74 7 , 4 2 5 75 7 , 8 5 0 77 5 , 2 8 1 79 2 , 3 3 7 81 0 , 5 6 1 829,204 Tr e a s u r e r ' s F e e s 2, 6 7 0 , 0 3 1 2, 5 6 3 , 2 6 5 2, 5 9 6 , 7 5 2 2, 6 5 1 , 1 4 2 2, 7 0 7 , 2 0 9 2, 7 6 2 , 1 9 3 2,819,802 Co m m u n i t y D e v e l o p m e n t F e e s 2, 1 1 6 , 3 5 7 2, 9 0 2 , 3 5 7 3, 4 7 5 , 4 2 8 3, 7 1 5 , 2 3 3 3, 9 6 0 , 4 3 8 4, 2 3 3 , 7 0 8 4,525,834 Hi g h w a y U s e r s T a x 1, 0 6 4 , 6 9 7 1, 0 6 4 , 6 9 7 1, 0 6 4 , 6 9 7 1, 0 6 4 , 6 9 7 1, 0 6 4 , 6 9 7 1, 0 6 4 , 6 9 7 1,064,697 - US F S R e v e n u e 11 0 , 5 0 0 11 0 , 5 0 0 11 4 , 5 0 0 11 4 , 5 0 0 11 4 , 5 0 0 11 4 , 5 0 0 114,500 In v e s t m e n t I n c o m e 15 5 , 7 2 0 15 5 , 7 2 0 18 7 , 0 8 0 68 5 , 9 5 7 1, 1 5 3 , 6 5 2 1, 2 7 8 , 3 6 9 1,278,369 Ot h e r R e v e n u e s 1, 9 4 0 , 0 3 7 1, 9 4 0 , 0 3 7 2, 1 8 3 , 3 5 2 2, 2 5 2 , 0 0 4 2, 2 8 3 , 1 1 3 2, 3 4 4 , 6 2 4 2,389,551 Gr a n t R e v e n u e s 20 9 , 2 1 8 25 1 , 7 7 4 26 9 , 0 7 1 27 5 , 2 6 0 28 1 , 3 1 6 28 7 , 7 8 6 294,405 H u ma n S e r v i c e s G r a n t R e v e n u e s 1, 4 4 8 , 1 2 7 1, 4 4 8 , 1 2 7 1, 6 8 0 , 6 4 2 1, 7 1 9 , 2 9 7 1, 7 5 7 , 1 2 2 1, 7 9 7 , 5 3 6 1,838,879 To t a l R e v e n u e s 22 , 3 2 8 , 8 7 9 23 , 6 6 1 , 6 0 1 24 , 8 4 2 , 1 1 6 25 , 9 3 1 , 8 5 5 27 , 2 4 7 , 3 6 4 28 , 2 6 7 , 4 1 6 29,193,398 Ex p e n d i t u r e s La b o r W a g e s , R e t i r e m e n t , & T a x C o n t r i b u t i o n s 1 2 , 6 3 9 , 5 3 7 12 , 9 4 7 , 3 3 9 13 , 9 3 4 , 1 5 6 14 , 4 8 3 , 9 4 7 14 , 9 1 0 , 4 0 1 15 , 3 4 6 , 2 0 9 15,812,953 Ov e r t i m e 23 3 , 0 8 3 35 3 , 0 8 3 26 0 , 0 6 4 25 8 , 5 1 7 29 0 , 9 1 8 29 5 , 3 7 3 309,972 He a l t h I n s u r a n c e 3, 0 1 9 , 0 1 7 3, 0 7 4 , 1 9 3 3, 4 1 7 , 7 1 4 3, 5 8 8 , 5 9 9 3, 7 6 8 , 0 2 9 3, 9 1 9 , 0 1 6 4,114,967 W o r k e r s ' C o m p e n s a t i o n I n s u r a n c e 20 7 , 8 9 8 20 7 , 8 9 8 20 1 , 6 8 2 20 6 , 9 2 6 21 1 , 4 7 8 21 6 , 3 4 1 221,316 Se r v i c e s & S u p p l i e s 5, 6 0 9 , 5 0 1 7, 0 6 5 , 2 4 2 6, 0 7 3 , 4 7 4 6, 1 8 7 , 8 6 9 6, 3 7 7 , 5 1 6 6, 6 0 0 , 6 8 4 6,676,015 Co s t C e n t e r s ( R i s k , R a d i o , F a c i l i t i e s O v e r he a d ) 2 7 0 , 8 0 5 27 0 , 8 0 5 21 6 , 0 7 0 22 1 , 6 8 8 22 6 , 5 6 5 23 1 , 7 7 6 237,107 Fl e e t C o s t C e n t e r 96 6 , 8 1 4 97 2 , 9 1 4 1, 0 3 8 , 2 9 4 1, 1 0 0 , 5 9 2 1, 1 6 6 , 6 2 7 1, 2 3 6 , 6 2 6 1,310,823 Re p l a c e m e n t s Ra d i o T e c h 65 , 9 0 0 22 3 , 7 0 6 51 , 8 0 0 52 , 6 3 4 47 , 5 8 0 56 , 4 4 2 67,609 Co m p u t e r / O f f i c e 7, 9 0 0 20 , 5 4 5 - 14 , 1 0 0 5, 6 0 0 7, 5 0 0 14,000 Ot h e r D e p a r t m e n t a l E q u i p m e n t 29 2 , 8 6 0 49 4 , 3 6 7 61 1 , 2 3 0 25 2 , 8 2 7 18 0 , 8 1 7 26 8 , 5 4 3 334,447 On e - T im e P r o j e c t s - - 11 0 , 2 0 0 - - - - Gr a n t P r o g r a m s 12 1 , 7 7 9 32 1 , 5 9 8 17 6 , 0 0 6 18 0 , 5 8 2 18 4 , 5 5 5 18 8 , 8 0 0 193,142 Hu m a n S e r v i c e s G r a n t P r o g r a m s 1, 0 9 5 , 8 3 1 1, 1 1 4 , 7 8 5 1, 2 2 5 , 0 8 6 1, 2 5 6 , 9 3 8 1, 2 8 4 , 5 9 1 1, 3 1 4 , 1 3 7 1,344,362 Al l o c a t i o n o f C o s t s t o O t h e r F u n d s (1 , 2 2 3 , 6 2 6 ) (1 , 2 2 3 , 6 2 6 ) (1 , 1 8 6 , 5 3 6 ) (1 , 2 4 2 , 1 6 0 ) (1 , 2 6 9 , 4 8 7 ) (1 , 2 9 8 , 6 8 5 ) (1,328,554) An t i c i p a t e d F a v o r a b l e B u d g e t V a r i a n c e (3 4 8 , 0 0 0 ) (3 4 8 , 0 0 0 ) (2 6 0 , 0 0 0 ) (2 6 5 , 6 3 1 ) (2 7 3 , 8 5 2 ) (2 8 3 , 8 2 8 ) (293,082) To t a l E x p e n d i t u r e s 22 , 9 5 9 , 2 9 9 25 , 4 9 4 , 8 4 9 25 , 8 6 9 , 2 4 0 26 , 2 9 7 , 4 2 8 27 , 1 1 1 , 3 3 8 28 , 0 9 8 , 9 3 4 29,015,077 Tr a n s f e r s F r o m O t h e r F u n d s 57 3 , 0 1 6 67 0 , 2 2 7 54 4 , 9 5 8 55 8 , 5 9 2 57 2 , 0 7 5 58 3 , 7 8 1 596,288 Tr a n s f e r s T o O t h e r F u n d s (9 9 , 0 0 0 ) (9 9 , 0 0 0 ) (6 9 , 0 0 0 ) (6 9 , 0 0 0 ) (6 9 , 0 0 0 ) (6 9 , 0 0 0 ) (69,000) An n u a l S u r p l u s / (D e f i c i t ) (1 5 6 , 4 0 4 ) (1 , 2 6 2 , 0 2 1 ) (5 5 1 , 1 6 6 ) 12 4 , 0 1 9 63 9 , 1 0 1 68 3 , 2 6 2 705,609 A dd i t i o n o f F u n d B a l a n c e f o r 3 r d A t t o r n e y 14 1 , 5 2 2 1 4 6 , 0 3 4 - - Ad j u s t e d A n n u a l S u r p lu s / ( D e f i c i t ) ( 4 0 9 , 6 4 4 ) 2 7 0 , 0 5 3 6 3 9 , 1 0 1 6 8 3 , 2 6 2 7 0 5 , 6 0 9 1,888,380 Tr a n s f e r o f F u n d B a l a n c e t o C o n t i n g e n c y (3 4 3 , 7 9 7 ) Av e r a g e A nnual Surp lus 377,676 Tr a n s f e r o f F u n d B a l a n c e t o C a p i t a l F u n d (5 , 5 0 0 , 0 0 0 ) Be g i n n i n g A v a i l a b l e U n d e s i g n a t e d F u n d B a l a n c e 1 2 , 2 7 6 , 4 7 0 1 1 , 0 1 4 , 4 4 9 4 , 4 7 7 , 9 6 4 4 , 4 5 5 , 9 4 9 5 , 0 9 5 , 0 5 0 5 , 7 7 8 , 3 1 2 En d i n g A v a i l a b l e U n d e s i g n a t e d F u n d B a l a n c e 1 1 , 0 1 4 , 4 4 9 4, 4 7 7 , 9 6 4 4 , 4 5 5 , 9 4 9 5 , 0 9 5 , 0 5 0 5 , 7 7 8 , 3 1 2 6 , 4 8 3 , 9 2 1 Pi t k i n C o u n t y G e n e r a l , R o a d & B r i d g e , a n d H u m a n S e r v i c e s F u n d s 20 1 5 O p e r a t i n g B u d g e t & F i v e - Y e a r P l a n 15 PI T K I N CO U N T Y CA P I T A L RE P L A C E M E N T FU N D 20 1 4 2015 ‐2024 20 1 4 A d j . Bu d g e t 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 Total Re v e n u e 52 % o f Sa l e s Ta x 3, 4 6 2 , 2 1 0 3, 5 8 2 , 3 0 4 4, 1 6 1 , 5 7 0 4, 3 6 9 , 6 4 9 4, 5 2 2 , 5 8 6 4, 6 8 0 , 8 7 7 4, 8 4 4 , 7 0 7 5, 0 1 4 , 2 7 2 5, 1 8 9 , 7 7 2 5, 3 7 1 , 4 1 4 5,559,413 5,753,993 49,468,252 Ro a d Im p a c t Fe e s 12 5 , 0 0 0 12 5 , 0 0 0 12 5 , 0 0 0 12 5 , 0 0 0 12 5 , 0 0 0 12 5 , 0 0 0 12 5 , 0 0 0 12 5 , 0 0 0 12 5 , 0 0 0 12 5 , 0 0 0 125,000 125,000 1,250,000 CO R E / R E M P Gr a n t s ‐ ‐ ‐ 10 0 , 0 0 0 10 0 , 0 0 0 50 , 0 0 0 ‐ ‐ ‐ ‐ ‐ ‐ 250,000 CD O T / C M A Q Gr a n t s ‐ 35 5 , 0 0 0 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Pu b li c Sa f e t y En t i t y Co n t r i b u t i o n s 39 2 , 4 9 3 39 2 , 4 9 3 11 1 , 8 1 9 11 3 , 3 1 0 13 0 , 2 9 4 11 5 , 6 7 8 14 0 , 7 0 8 12 2 , 4 0 4 21 4 , 6 4 4 66 , 1 5 9 83,338 93,016 1,191,370 Sa l e of As s e t s 11 8 , 7 1 1 12 4 , 9 1 1 15 9 , 5 7 8 23 0 , 0 9 8 17 7 , 8 4 7 13 0 , 3 7 8 13 5 , 3 2 5 16 9 , 6 1 5 17 5 , 6 2 3 14 9 , 1 3 2 254,348 145,680 1,727,624 To t a l Re v e n u e s 4, 0 9 8 , 4 1 4 4, 5 7 9 , 7 0 8 4, 5 5 7 , 9 6 7 4, 9 3 8 , 0 5 7 5, 0 5 5 , 7 2 7 5, 1 0 1 , 9 3 3 5, 2 4 5 , 7 4 0 5, 4 3 1 , 2 9 1 5, 7 0 5 , 0 3 9 5, 7 1 1 , 7 0 5 6,022,099 6,117,689 53,887,246 Ca p i t a l Ex pe n d i t u r e s In fo rm a t i o n Te c h n o l o g y PC / P r i n t e r / C o p i e r Re p l a c e m e n t s 1 0 0 , 6 0 0 17 0 , 6 0 0 46 , 7 5 5 15 1 , 9 4 5 98 , 0 4 6 16 3 , 8 4 6 17 2 , 1 5 0 74 , 3 7 5 12 4 , 7 5 0 98 , 2 0 0 147,600 178,499 1,256,166 Co u n t y Ca p i t a l Pr o j e c t s 43 0 , 0 0 0 72 6 , 8 8 3 41 4 , 5 0 0 14 1 , 2 0 0 12 6 , 9 0 0 37 0 , 0 0 0 34 2 , 8 4 0 27 3 , 0 0 0 33 0 , 8 0 0 20 7 , 9 0 0 268,800 80,850 2,556,790 Co u n t y So f t w a r e Re p l a c e m e n t s 10 0 , 0 0 0 26 1 , 5 1 9 10 0 , 0 0 0 30 0 , 0 0 0 30 0 , 0 0 0 30 0 , 0 0 0 30 0 , 0 0 0 30 0 , 0 0 0 30 0 , 0 0 0 30 0 , 0 0 0 300,000 300,000 2,800,000 Sh a r e d Ca p i t a l Pr o j e c t s 21 , 5 5 0 36 9 , 3 2 9 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ To t al In f o r m a t i o n Te c h n o l o g y 65 2 , 1 5 0 1, 5 2 8 , 3 3 1 56 1 , 2 5 5 59 3 , 1 4 5 52 4 , 9 4 6 83 3 , 8 4 6 81 4 , 9 9 0 64 7 , 3 7 5 75 5 , 5 5 0 60 6 , 1 0 0 716,400 559,349 6,612,956 Di s p a t c h / P u b l i c Sa f e t y Eq u i p m e n t Re p l a c e m e n t 62 5 , 1 0 0 62 5 , 1 0 0 77 , 8 0 0 96 , 1 0 0 22 8 , 1 0 0 86 , 1 0 0 22 7 , 1 0 0 84 , 7 0 0 56 1 , 7 0 0 73 , 1 0 0 95,600 74,000 1,604,300 Ra d i o / T e c h 30 0 , 0 0 0 40 4 , 4 7 1 ‐ ‐ Ve h i c l e s ‐ Pa s s e n g e r Ve h i c l e s 33 5 , 8 3 7 39 9 , 8 3 7 36 0 , 8 8 9 66 1 , 6 6 6 27 2 , 2 5 7 16 6 , 4 1 6 25 4 , 7 0 4 23 4 , 8 4 0 45 8 , 61 6 38 0 , 660 679,738 274,400 3,744,186 He a v y Eq u i p m e n t 25 7 , 7 1 8 62 2 , 4 3 8 48 0 , 0 0 0 48 8 , 8 2 3 61 6 , 9 7 7 48 5 , 4 7 5 42 1 , 9 2 1 61 3 , 2 3 6 41 9 , 4 9 9 36 5 , 0 0 0 592,000 454,000 4,936,931 Fu e l Ta n k Ha r d w a r e / S o f t w a r e ‐ ‐ 21 0 , 0 0 0 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ 210,000 To t a l Ve h i c l e s 59 3 , 5 5 5 1, 0 2 2 , 2 7 5 1, 0 5 0 , 8 8 9 1, 1 5 0 , 4 8 9 88 9 , 2 3 4 65 1 , 8 9 1 67 6 , 6 2 5 84 8 , 0 7 6 87 8 , 1 1 5 74 5 , 6 6 0 1,271,738 728,400 8,891,117 Ro a d s Ro a d Ca p i t a l Im p r o v e m e n t 90 0 , 0 0 0 3, 6 9 4 , 1 1 2 5, 0 0 0 5, 0 0 0 5, 0 0 0 5, 00 0 48 0 , 00 0 55 , 00 0 75 5 , 0 0 0 5, 0 0 0 5,000 5,000 1,325,000 Br i d g e Ca p i t a l Im p r o v e m e n t ‐ ‐ ‐ ‐ 14 5 , 0 0 0 75 0 , 0 0 0 ‐ ‐ 20 0 , 0 0 0 1, 2 5 0 , 0 0 0 ‐ ‐ 2,345,000 Ro a d Ma i n t e n a n c e 1, 5 2 5 , 0 0 0 1, 5 2 5 , 0 0 0 1, 8 1 5 , 0 0 0 29 5 , 0 0 0 1, 6 0 0 , 0 0 0 1, 5 3 1 , 0 0 0 1, 5 4 5 , 0 0 0 1, 4 2 0 , 0 0 0 1, 4 3 0 , 0 0 0 1, 3 1 1 , 0 0 0 2,410,000 1,680,000 15,037,000 Br i d g e Ma i n t e n a n c e ‐ 26 , 2 0 9 90 , 0 0 0 40 , 0 0 0 40 , 0 0 0 40 , 0 0 0 40 , 0 0 0 40 , 0 0 0 40 , 0 0 0 40 , 0 0 0 65,000 65,000 500,000 Co n t i n g e n c y 10 0 , 0 0 0 21 3 , 0 7 5 90 , 00 0 90 , 00 0 90 , 00 0 90 , 0 0 0 90 , 0 0 0 90 , 0 0 0 90 , 0 0 0 90 , 0 0 0 90,000 90,000 900,000 To t a l Ro a d s 2, 5 2 5 , 0 0 0 5, 4 5 8 , 3 9 6 2, 0 0 0 , 0 0 0 43 0 , 0 0 0 1, 8 8 0 , 0 0 0 2, 4 1 6 , 0 0 0 2, 1 5 5 , 0 0 0 1, 6 0 5 , 0 0 0 2, 5 1 5 , 0 0 0 2, 6 9 6 , 0 0 0 2,570,000 1,840,000 20,107,000 Fa c i l i t i e s Co u r t h o u s e 19 2 , 5 0 0 53 0 , 5 9 9 17 3 , 0 0 0 13 4 , 3 0 0 58 , 0 0 0 68 6 , 0 0 0 33 0 , 0 0 0 10 7 , 0 0 0 20 , 0 0 0 10 , 0 0 0 8,000 50,000 1,576,300 Co u r t h o u s e Pl a z a 10 0 , 0 0 0 41 4 , 0 4 9 33 7 , 5 0 0 6, 4 0 0 , 0 0 0 ‐ ‐ ‐ ‐ 12 , 0 0 0 10 , 0 0 0 ‐ 13,000 6,772,500 J a i l 44 1 , 2 1 0 27 0 , 6 5 9 19 8 , 2 5 0 11 3 , 7 5 0 14 , 0 0 0 91 , 0 0 0 71 , 2 5 0 ‐ 20 , 0 0 0 62 , 0 0 0 20,000 ‐ 590,250 Pu b l i c Sa f e t y ‐ 1, 2 0 0 , 0 0 0 9, 4 0 0 , 0 0 0 10,600,000 He a l t h & Hu m a n Se r v i c e s 26 , 5 5 0 11 3 , 6 2 7 21 , 5 0 0 16 3 , 8 0 0 15 9 , 0 0 0 47 , 5 0 0 64 , 0 0 0 41 2 , 9 5 0 11 2 , 0 0 0 25 , 0 0 0 10,000 19,500 1,035,250 Se n i o r s Ce n t e r 31 , 6 2 5 31 , 6 2 5 ‐ ‐ ‐ ‐ ‐ ‐ 18 , 0 0 0 ‐ ‐ 18,000 Pu b l i c Wo r k s & Fl e e t Ma i n t e n a n c e 3 5 , 7 5 0 82 , 4 0 5 18 3 , 7 0 0 43 , 7 5 0 82 , 87 5 27 , 65 0 52 , 80 5 23 5 , 5 0 0 37 6 , 7 7 0 58 , 2 0 0 3,125 ‐ 1,064,375 Fa c i l i t i e s Wo r k Eq u i p & Pr o j e c t s ‐ 4, 2 1 1 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Co n t i n g e n c y / P r o j e c t Ma n a g e m e n t 1 2 4 , 1 4 5 12 4 , 1 4 5 34 1 , 5 9 3 2, 4 3 8 , 3 4 0 47 , 0 8 1 12 7 , 8 2 3 77 , 7 0 8 11 3 , 3 1 8 83 , 8 1 6 24 , 7 8 0 6,169 12,375 3,273,001 En e r g y Ef f i c i e n c y ‐ 30 , 0 0 0 ‐ ‐ ‐ ‐ ‐ ‐ ‐ 90 , 0 0 0 ‐ 90,000 To t a l Fa c i l i t i e s 95 1 , 7 8 0 1, 6 0 1 , 3 2 0 2, 4 5 5 , 5 4 3 18 , 6 9 3 , 9 4 0 36 0 , 9 5 6 97 9 , 9 7 3 59 5 , 76 3 86 8 , 76 8 64 2 , 58 6 27 9 , 9 8 0 47,294 94,875 25,019,676 To t a l Ca p i t a l Ex p e n d i t u r e s 5, 6 4 7 , 5 8 5 10 , 6 3 9 , 8 9 3 6, 1 4 5 , 4 8 7 20 , 9 6 3 , 6 7 4 3, 8 8 3 , 2 3 6 4, 9 6 7 , 8 1 0 4, 4 6 9 , 4 7 8 4, 0 5 3 , 9 1 9 5, 3 5 2 , 9 5 1 4, 4 0 0 , 8 4 0 4,701,032 3,296,624 62,235,049 An n u a l Su r p l u s / ( D e f i c i t ) (1 , 5 4 9 , 1 7 1 ) (6 , 0 6 0 , 1 8 5 ) (1 , 5 8 7 , 5 2 0 ) (1 6 , 0 2 5 , 6 1 8 ) 1, 1 7 2 , 4 9 1 13 4 , 1 2 3 77 6 , 2 6 2 1, 3 7 7 , 3 7 3 35 2 , 0 8 8 1, 3 1 0 , 8 6 5 1,321,067 2,821,065 (8,347,803) Ce r t i f i c a t e s of Pa r t i c i p a t i o n 12 , 0 0 0 , 0 0 0 Tr a n s f e r fr o m GF Un r e s t r i c t e d Fu n d Ba l a n c e (9 7 , 2 1 1 ) 5, 5 0 0 , 0 0 0 ‐ Le a s e Pu r c h a s e Pa y m e n t s ‐ ‐ ‐ 90 0 , 00 0 90 0 , 00 0 90 0 , 0 0 0 90 0 , 0 0 0 90 0 , 0 0 0 90 0 , 0 0 0 900,000 900,000 Be g i n n i n g Ca p i t a l Fu n d Ba l a n c e 7, 1 1 6 , 2 9 3 95 8 , 8 9 7 4, 8 7 1 , 3 7 7 84 5 , 7 6 0 1, 1 1 8 , 2 5 1 35 2 , 3 7 4 22 8 , 6 3 6 70 6 , 0 0 9 15 8 , 0 9 7 568,962 990,029 En d i n g Ca p i t a l Fu n d Ba l a n c e 95 8 , 8 9 7 4, 8 7 1 , 3 7 7 84 5 , 7 6 0 1, 1 1 8 , 2 5 1 35 2 , 3 7 4 22 8 , 6 3 6 70 6 , 0 0 9 15 8 , 0 9 7 56 8 , 9 6 2 990,029 2,911,094 I: \ F i n a n c e \ b u d g e t \ 2 0 1 5 \ o r i g i n a l \ 1 ‐Capital Fund\2015 Cap Replacement Fund FINAL 12 ‐3 ‐14.xlsx 16 ‐ 1, 0 0 0 , 0 0 0 2, 0 0 0 , 0 0 0 3, 0 0 0 , 0 0 0 4, 0 0 0 , 0 0 0 5, 0 0 0 , 0 0 0 6, 0 0 0 , 0 0 0 7, 0 0 0 , 0 0 0 8, 0 0 0 , 0 0 0 9, 0 0 0 , 0 0 0 10 , 0 0 0 , 0 0 0 11 , 0 0 0 , 0 0 0 12 , 0 0 0 , 0 0 0 13 , 0 0 0 , 0 0 0 14 , 0 0 0 , 0 0 0 15 , 0 0 0 , 0 0 0 16 , 0 0 0 , 0 0 0 17 , 0 0 0 , 0 0 0 20 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 $0 . 7 M $0 . 7 M $0 . 8 M $0 . 8 M $0 . 8 M $0 . 9 M $0 . 9 M $0 . 9 M $1 . 0 M $1 . 0 M $1 . 0 M $0 . 9 M $0 . 9 M $0 . 9 M $0 . 9 M $0 . 9 M $0 . 9 M $0 . 9 M $0 . 9 M $0 . 9 M $0 . 9 M $0 . 9 M $3 . 3 M $3 . 6 M $3 . 6 M $3 . 7 M $3 . 8 M $4 . 0 M $4 . 1 M $4 . 3 M $4 . 4 M $4 . 6 M $4 . 7 M $1 1 . 0 M $4 . 5 M $4 . 4 M $4 . 9 M $5 . 4 M $6 . 0 M $6 . 0 M $6 . 0 M $6 . 0 M $6 . 0 M $6 . 1 M $1 . 0 M $4 . 9 M $0 . 8 M $1 . 1 M $0 . 4 M $0 . 2 M $0 . 7 M $0 . 2 M $0 . 6 M $1 . 0 M $2 . 9 M Ba l a n c e at Ye a r En d Ge n e r a l Fu n d ‐ Pr o j e c t e d Fu n d Ba l a n c e s 20 1 4 ‐ 20 2 4 Capital Unrestricted Contingency Restricted Tabor Reserve 17 20 1 5 20 1 6 20 1 7 20 1 8 20 1 9 2020 as s e s s e d v a l u e 2, 6 0 9 , 9 8 1 , 9 7 0 2 , 7 6 6 , 5 8 0 , 8 9 0 2, 7 9 4 , 2 4 6 , 7 0 0 2, 9 6 1 , 9 0 1 , 5 0 0 2, 9 9 1 , 5 2 0 , 5 2 0 3,171,011,750 pe r c e n t a g e c h a n g e i n a s s e s s e d v a l u e 0. 4 % 6% 1% 6% 1% 6% Op e n S p a c e A c q u i s i t i o n & I m p r o v e m e n t ( 6 5 - 8 5 % ) 75 % 75 % 75 % 75 % 75%75% Be g i n n i n g b a l a n c e 5, 3 8 8 , 4 6 1 10 , 7 8 0 , 7 1 5 16 , 8 3 4 , 6 9 7 23 , 2 7 2 , 9 2 8 29 , 6 4 0 , 9 7 8 36,032,366 An n u a l r e v e n u e 5, 6 4 3 , 5 3 4 6, 2 5 3 , 9 8 2 6, 4 3 8 , 2 3 1 6, 3 6 8 , 0 5 0 6, 3 9 1 , 3 8 8 6,851,373 Bo n d p r o c e e d s - - - - - - Av a i l a b l e f o r p r o j e c t s 11 , 0 3 1 , 9 9 5 17 , 0 3 4 , 6 9 7 23 , 2 7 2 , 9 2 8 29 , 6 4 0 , 9 7 8 36 , 0 3 2 , 3 6 6 42,883,740 le s s p r o j e c t s : (2 5 1 , 2 8 0 ) (2 0 0 , 0 0 0 ) - - - - Pr o j e c t e d Y e a r - e n d O p e n S p a c e B a l a n c e 10 , 7 8 0 , 7 1 5 16 , 8 3 4 , 6 9 7 23 , 2 7 2 , 9 2 8 29 , 6 4 0 , 9 7 8 36 , 0 3 2 , 3 6 6 42,883,740 ap p r o x i m a t e e n d i n g r a n g e : 3 2 . 8 m i l l i o n a t 6 5 % t o 4 2 . 9 m i l l i on a t 7 5 % ( r e t r o a c t i v e t o 2 0 0 9 ) Tr a i l s A c q u i s i t i o n a n d C o n s t r u c t i o n ( 1 0 - 3 0 % ) 10 % 10 % 10 % 10 % 10%10% Be g i n n i n g B a l a n c e 79 7 , 3 5 7 1, 4 4 8 , 1 6 2 2, 1 6 5 , 3 6 0 2, 9 5 7 , 1 2 4 3, 8 0 6 , 1 9 8 4,658,383 An n u a l r e v e n u e 72 5 , 8 0 5 76 7 , 1 9 8 79 1 , 7 6 4 84 9 , 0 7 3 85 2 , 1 8 5 913,517 Av a i l a b l e f o r p r o j e c t s 1, 5 2 3 , 1 6 2 2, 2 1 5 , 3 6 0 2, 9 5 7 , 1 2 4 3, 8 0 6 , 1 9 8 4, 6 5 8 , 3 8 3 5,571,899 le s s p r o j e c t s : (7 5 , 0 0 0 ) (5 0 , 0 0 0 ) - - - - Pr o j e c t e d Y e a r - e n d T r a i l s B a l a n c e 1, 4 4 8 , 1 6 2 2, 1 6 5 , 3 6 0 2, 9 5 7 , 1 2 4 3, 8 0 6 , 1 9 8 4, 6 5 8 , 3 8 3 5,571,899 ap p r o x i m a t e e n d i n g r a n g e : 5 . 6 m i l l i o n a t 1 0 % - 15 . 6 m i l l i on a t 2 0 % ( r e t r o a c t i v e t o 2 0 0 9 ) Ma i n t e n a n c e ( 5 - 1 5 % ) 15 % 15 % 15 % 15 % 15%15% Be g i n n i n g b a l a n c e 1, 9 6 0 , 3 4 2 1, 1 8 3 , 1 1 4 95 7 , 9 0 4 85 4 , 4 4 1 62 6 , 4 7 1 493,070 An n u a l r e v e n u e 1, 1 6 5 , 0 8 7 1, 2 1 9 , 7 9 6 1, 2 5 6 , 6 4 6 1, 3 4 2 , 6 1 0 1, 3 4 7 , 2 7 8 1,439,274 le s s o p e r a t i o n s (8 0 9 , 9 9 5 ) (7 7 6 , 0 8 0 ) (8 1 0 , 8 6 7 ) (8 4 7 , 2 8 1 ) (8 8 5 , 4 0 0 ) (925,306) Av a i l a b l e f o r p r o j e c t s 2, 3 1 5 , 4 3 4 1, 6 2 6 , 8 3 0 1, 4 0 3 , 6 8 3 1, 3 4 9 , 7 7 0 1, 0 8 8 , 3 4 9 1,007,038 le s s p r o j e c t s : (1 , 1 3 2 , 3 2 0 ) (6 6 8 , 9 2 6 ) (5 4 9 , 2 4 2 ) (7 2 3 , 2 9 9 ) (5 9 5 , 2 7 9 ) (568,199) Pr o j e c t e d Y e a r - e n d M a i n t e n a n c e B a l a n c e 1, 1 8 3 , 1 1 4 95 7 , 9 0 4 85 4 , 4 4 1 62 6 , 4 7 1 49 3 , 0 7 0 438,839 Ad m i n i s t r a t i o n Be g i n n i n g b a l a n c e - - - - - - An n u a l r e v e n u e 2, 9 0 6 , 4 3 5 3, 2 0 6 , 5 6 4 3, 2 2 6 , 9 7 3 3, 3 4 1 , 5 0 2 3, 4 2 4 , 3 4 3 3,501,624 le s s d e b t s e r v i c e (1 , 3 4 2 , 1 5 5 ) (1 , 3 4 1 , 1 8 0 ) (1 , 1 5 4 , 4 9 6 ) (1 , 1 5 1 , 1 3 6 ) (1 , 1 8 2 , 8 7 4 ) (1,179,218) le s s t a x c o l l e c t i o n f e e s (4 8 9 , 3 7 2 ) (5 1 8 , 7 3 4 ) (5 2 3 , 9 2 1 ) (5 5 5 , 3 5 7 ) (5 6 0 , 9 1 0 ) (594,565) le s s g e n e r a l o p e r a t i o n s (1 , 0 7 4 , 9 0 8 ) (1 , 3 4 6 , 6 5 0 ) (1 , 5 4 8 , 5 5 6 ) (1 , 6 3 5 , 0 0 9 ) (1 , 6 8 0 , 5 5 9 ) (1,727,841) Pr o j e c t e d Y e a r - e n d A d m i n i s t r a t i o n B a l a n c e - - - - - - 20 , 3 5 9 , 8 5 0 a l s o r e m a i n s i n de b t a u t h o r i z t i o n ; h o w ev e r , d e b t i s s u a n ce w i l l r e duce the ending amounts s h o w n a b o v e b y t h e a m o u n t o f a d d i ti o n a l d e b t s e r v i c e p a y m e n t s t h r o u g h 2 0 2 0 Op e n S p a c e a n d T r a i l s M u l t i - y e a r P r o j e c t i o n 20 1 5 - 2 0 2 0 18 20 1 4 I n i t i a l Bu d g e t 20 1 4 Y e a r - E n d Es t i m a t e 2 0 1 5 B u d g e t 2 0 1 6 B u d g e t 2 0 1 7 B u d g e t 2 0 1 8 B u d g e t 2 0 1 9 B u d g e t Re v e n u e s Sa l e s T a x 8 5 4 , 8 4 7 8 8 6 , 2 7 2 9 3 0 , 5 8 5 9 7 7 , 1 1 4 1 , 0 1 1 , 3 1 3 1 , 0 4 6 , 7 0 9 1,083,344 Go v ' t R e v e n u e a n d G r a n t s - - - - - - - In t e r e s t I n c o m e 6 , 7 1 0 6 , 9 3 0 9 , 0 7 0 3 8 , 1 5 0 6 9 , 6 5 0 8 4 , 2 6 0 91,980 Ot h e r R e v e n u e - - - - - - - To t a l R e v e n u e s 86 1 , 5 5 7 8 9 3 , 2 0 2 9 3 9 , 6 5 5 1 , 0 1 5 , 2 6 4 1, 0 8 0 , 9 6 3 1,130,969 1,175,32 4 Ex p e n d i t u r e s La b o r Wa g e s a n d R e t i r e m e n t C o n t r i b u t i o n s 5 5 , 5 4 1 5 5 , 5 4 1 5 9 , 8 2 2 6 1 , 7 6 6 6 3 , 7 7 3 6 5 , 8 4 6 67,986 He a l t h I n s u r a n c e 11 , 1 5 7 1 1 , 1 5 7 1 1 , 7 3 7 1 2 , 3 2 4 1 2 , 9 4 0 1 3 , 5 8 7 14,266 Wo r k e r s ' C o m p e n s a t i o n I n s u r a n c e - - - - - - - Tr a i n i n g 7 , 0 0 0 7 , 0 0 0 7 , 0 0 0 7 , 1 8 2 7 , 3 4 0 7 , 5 0 9 7,682 Se r v i c e s a n d S u p p l i e s 7 , 0 0 0 7 , 0 0 0 1 5 , 0 0 0 1 5 , 3 9 0 1 5 , 7 2 9 1 6 , 0 9 1 16,461 Du e s a n d M e m b e r s h i p s 2 9 , 5 0 0 2 9 , 5 0 0 3 0 , 0 0 0 3 0 , 7 8 0 3 1 , 4 5 7 3 2 , 1 8 1 32,921 Re s e a r c h 1 0 , 0 0 0 1 0 , 0 0 0 2 0 , 0 0 0 2 0 , 5 2 0 2 0 , 9 7 1 2 1 , 4 5 3 21,946 - - 1 5 , 0 0 0 1 5 , 3 9 0 1 5 , 7 2 9 1 6 , 0 9 1 16,461 7, 6 8 8 7 , 6 8 8 9 , 9 8 5 1 0 , 2 4 5 1 0 , 4 7 0 1 0 , 7 1 1 10,957 Wa t e r P r o j e c t s 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 7 5 , 0 0 0 1 7 9 , 5 5 0 1 8 3 , 5 0 0 1 8 7 , 7 2 1 192,039 Po o l f o r I n - H o u s e I n i t i a t e d P r o j e c t s 3 4 2 , 5 0 0 3 4 2 , 5 0 0 - 2 5 0 , 0 0 0 2 5 5 , 5 0 0 2 6 1 , 3 7 7 267,389 Po o l f o r F u n d i n g G r a n t s 1 5 0 , 0 0 0 2 3 9 , 0 4 3 1 5 0 , 0 0 0 1 5 3 , 9 0 0 1 5 7 , 2 8 6 1 6 0 , 9 0 4 164,605 10 0 , 0 0 0 10 0 , 0 0 0 10 0 , 0 0 0 10 2 , 6 0 0 10 4 , 8 5 7 107,269 109,736 Tr a n s f e r t o O S T f o r S c h u m a c h e r / C o a l C r e e k 20 0 , 0 0 0 - - - - - - - Co m p u t e r s a n d C o m p u t e r M a i n t e n a n c e - - - - - - - De p a r t m e n t a l R e p l a c e m e n t - - - - - - - Ca p i t a l R e p l a c e m e n t - - - - - - - To t a l E x p e n d i t u r e s 87 0 , 3 8 6 1, 1 5 9 , 4 2 9 59 3 , 5 4 4 85 9 , 6 4 7 87 9 , 5 5 2 900,740 922,449 (8 , 8 2 9 ) (2 6 6 , 2 2 7 ) 34 6 , 1 1 1 15 5 , 6 1 7 20 1 , 4 1 1 230,229 252,875 Be g i n n i n g A v a i l a b l e F u n d B a l a n c e 1, 5 6 6 , 3 3 1 1, 3 0 0 , 1 0 4 1, 6 4 6 , 2 1 5 1, 8 0 1 , 8 3 2 2,003,243 2,233,472 En d i n g A v a i l a b l e F u n d B a l a n c e 1, 3 0 0 , 1 0 4 1, 6 4 6 , 2 1 5 1, 8 0 1 , 8 3 2 2, 0 0 3 , 2 4 3 2,233,472 2,486,347 An n u a l S u r p l u s / ( D e f i c i t ) Eq u i p m e n t R e p l a c e m e n t s & I m p r o v e m e n t s Pi t k i n C o u n t y H e a l t h y R i v e r s & S t r e a m s F u n d 20 1 5 B u d g e t & F i v e - Y e a r P l a n Wa t e r R i g h t s A c q u i s i t i o n s Ad m i n F e e Sp o n s o r s h i p s 19 20 1 4 I n i t i a l Bu d g e t 20 1 4 Y e a r - E n d Es t i m a t e 20 1 5 B u d g e t 2 0 1 6 B u d g e t 2 0 1 7 B u d g e t 2 0 1 8 B u d g e t 2 0 1 9 B u d g e t Re v e n u e s Pr o p e r t y T a x 72 7 , 7 2 1 72 7 , 7 2 1 75 4 , 2 4 0 78 5 , 9 1 8 81 8 , 1 4 1 848,412 880,652 Mo t o r V e h i c l e T a x 20 , 0 1 2 20 , 0 1 2 24 , 1 3 6 25 , 1 4 9 26 , 1 8 1 27,149 28,181 Go v ' t R e v e n u e a n d G r a n t s - - - - - - - In t e r e s t I n c o m e 7, 6 1 0 8, 3 6 0 6, 7 4 0 21 , 5 3 0 51 , 9 6 0 71,380 91,450 Ot h e r R e v e n u e 31 , 7 9 0 46 , 7 9 0 51 , 7 9 0 52 , 9 8 1 54 , 1 4 7 55,392 56,666 Sa l e o f F i x e d A s s e t s - - - - 45 , 9 8 0 - - To t a l R e v e n u e s 78 7 , 1 3 3 80 2 , 8 8 3 83 6 , 9 0 6 88 5 , 5 7 8 99 6 , 4 0 9 1,002,333 1,056,949 Ex p e n d i t u r e s La b o r Wa g e s a n d R e t i r e m e n t C o n t r i b u t i o n s 10 8 , 9 2 3 83 , 4 2 3 11 7 , 9 5 9 35 , 2 4 4 36 , 3 8 9 37,572 38,793 O v e r t i m e - - - - - - - H e a l t h I n s u r a n c e 22 , 0 9 8 8, 0 9 8 19 , 0 7 3 3, 0 2 8 3, 1 7 9 3,338 3,505 W o r k e r s ' C o m p e n s a t i o n I n s u r a n c e - - 92 9 5 5 5 5 Tr e a s u r e r ' s F e e s 36 , 3 8 6 36 , 3 8 6 3 7 ,7 1 2 39 , 2 9 6 40 , 9 0 7 42,421 44,033 Se r v i c e s & S u p p l i e s 24 4 , 0 9 7 12 6 , 0 9 7 24 9 , 6 8 7 25 6 , 1 7 9 26 1 , 8 1 5 267,837 273,997 53 , 8 3 0 53 , 8 3 0 60 , 4 5 0 62 , 0 2 2 63 , 3 8 6 64,844 66,335 Fl e e t C o s t C e n t e r 9, 1 6 2 9, 1 6 2 9, 9 1 9 10 , 5 1 4 11 , 1 4 5 11,814 12,523 Ve h i c l e s - - - - 2 3 0 , 5 6 0 - - Of f i c e E q u i p m e n t 70 0 70 0 - - - - - Co m p u t e r s 2, 4 9 0 2, 4 9 0 2, 0 0 0 - - - - Mo u n t a i n S i t e B r o a d b a n d P r o j e c t 40 , 0 0 0 81 , 3 3 0 40 , 0 0 0 - - - - Mo u n t a i n S i t e T e c h n o l o g y R e p l a c e m e n t s 30 , 0 0 0 30 , 0 0 0 27 , 0 0 0 22 , 0 5 9 47 , 1 6 0 17,136 18,598 Mo u n t a i n S i t e F a c il i t i e s P r o j ec t s 11 0 , 0 0 0 63 4 , 9 7 0 98 4 , 5 0 0 18 , 9 8 1 9, 4 3 2 258,111 3,282 To t a l E x p e n d i t u r e s 65 7 , 6 8 6 1, 0 6 6 , 4 8 6 1, 5 4 9 , 2 2 9 44 7 , 3 2 8 70 3 , 9 7 8 703,078 461,071 12 9 , 4 4 7 (2 6 3 , 6 0 3 ) (7 1 2 , 3 2 3 ) 43 8 , 2 5 0 29 2 , 4 3 0 299,256 595,878 Be g i n n i n g A v a i l a b l e F u n d B a l a n c e 1, 6 1 2 , 7 9 8 1, 3 4 9 , 1 9 5 63 6 , 8 7 2 1, 0 7 5 , 1 2 2 1,367,553 1,666,808 En d i n g A v a i l a b l e F u n d B a l a n c e 1, 3 4 9 , 1 9 5 63 6 , 8 7 2 1, 0 7 5 , 1 2 2 1, 3 6 7 , 5 5 3 1,666,808 2,262,687 A n n u a l S u r p l u s / ( D e f i c i t ) R e p l a c e m e n t s Pi t k i n C o u n t y T r a n s l a t o r F u n d 20 1 5 B u d g e t & F i v e - Y e a r P l a n C o s t C e n t e r s ( A d m i n F e e , R i s k , R a d i o ) 20 20 1 4 I n i t i a l Bu d g e t 20 1 4 Y e a r - E n d Es t i m a t e 2 0 1 5 B u d g e t 2 0 1 6 B u d g e t 2 0 1 7 B u d g e t 2 0 1 8 B u d g e t 2 0 1 9 B u d g e t Re v e n u e s Pr o p e r t y T a x 3 , 5 0 1 , 5 9 2 3 , 5 0 1 , 5 9 2 3 , 6 4 1 , 5 3 7 3 , 7 9 4 , 4 8 2 3 , 9 5 0 , 0 5 6 4 , 0 9 6 , 2 0 8 4,251,864 Mo t o r V e h i c l e T a x 9 6 , 2 9 4 9 6 , 2 9 4 1 1 6 , 5 2 9 1 2 1 , 4 2 3 1 2 6 , 4 0 2 1 3 1 , 0 7 9 136,060 Se r v i c e C h a r g e s - - - - - - - Fi n e s 2 9 , 0 0 0 2 9 , 0 0 0 2 9 , 0 0 0 2 9 , 6 6 7 3 0 , 3 2 0 3 1 , 0 1 7 31,730 In t e r e s t I n c o m e 9 , 4 0 0 2 8 , 8 6 0 3 4 , 6 3 0 1 2 6 , 9 7 7 2 1 3 , 5 5 2 2 3 6 , 6 3 9 236,639 Ot h e r R e v e n u e s 1 6 , 0 0 0 1 6 , 0 0 0 2 1 , 5 0 0 2 1 , 9 9 5 2 2 , 4 7 9 2 2 , 9 9 6 23,525 Do n a t i o n s - - 2 , 0 0 0 , 0 0 0 - - - - Sa l e o f F i x e d A s s e t s 5 , 0 0 0 5 , 0 0 0 5 , 0 0 0 5 , 1 1 5 5 , 2 2 8 5 , 3 4 8 5,471 To t a l R e v e n u e s 3 , 6 5 7 , 2 8 6 3 , 6 7 6 , 7 4 6 5 , 8 4 8 , 1 9 6 4 , 0 9 9 , 6 5 9 4 , 3 4 8 , 0 3 7 4 , 5 2 3 , 2 8 7 4,685,289 Ex p e n d i t u r e s La b o r Wa g e s & R e t i r e m e n t C o n t r i b u t i o n s 1 , 6 0 1 , 7 7 1 1 , 5 8 6 , 7 7 1 1 , 6 7 4 , 4 6 4 1 , 7 2 8 , 8 8 4 1 , 7 8 5 , 0 7 3 1 , 8 4 3 , 0 8 8 1,902,988 Ov e r t i m e - - - - - - - He a l t h I n s u r a n c e 3 8 4 , 9 8 2 3 6 9 , 9 8 2 3 9 7 , 5 1 2 4 1 7 , 3 8 7 4 3 8 , 2 5 6 4 6 0 , 1 6 9 483,178 Wo r k e r s ' C o m p e n s a t i o n I n s u r a n c e 2, 7 0 5 2, 7 0 5 2, 5 3 8 2, 6 0 4 2, 6 6 1 2,722 2,785 Se r v i c e s & S u p p l i e s 54 4 , 1 4 6 54 3 , 3 6 4 52 1 , 5 0 3 53 5 , 0 6 2 54 6 , 8 3 3 559,410 572,277 Ut i l i t i e s 10 4 , 5 1 5 10 4 , 5 1 5 10 4 , 7 1 5 10 7 , 4 3 8 10 9 , 8 0 2 112,327 114,911 Co s t C e n t e r s a n d A d m i n C h a r g e 25 3 , 5 3 9 25 3 , 5 3 9 27 5 , 7 5 4 28 2 , 9 2 4 28 9 , 1 4 9 295,799 302,602 Tr e a s u r e r ' s C l e a r i n g F e e s 17 5 , 0 8 0 17 5 , 0 8 0 18 2 , 0 7 7 18 9 , 7 2 4 19 7 , 5 0 3 204,810 212,593 Re p l a c e m e n t s - - - - - - - Fa c i l i t i e s - 52 4 , 4 3 8 - - - - - Of f i c e E q u i p m e n t - - - - - - - Co m p u t e r E q u i p m e n t - 15 , 2 5 2 - - 5, 2 4 0 5,355 13,637 Ph o n e & R a d i o T e c h - - - - - - - Ot h e r D e p a r t m e n t a l E q u i p m e n t 5, 7 5 0 79 , 1 7 3 17 , 8 0 0 79 , 1 2 5 92 , 8 8 9 25,586 14,282 Gr a n t P r o g r a m s - - - - - - - Li b r a r y C o l l e c t i o n 30 9 , 7 1 0 30 9 , 7 1 0 34 4 , 2 7 5 35 3 , 2 2 6 36 0 , 9 9 7 369,300 377,794 Ca p i t a l F a c i l i t i e s R e n o v a t i o n s 2, 1 0 0 , 7 6 3 2, 2 7 2 , 8 6 2 5, 2 9 0 , 0 0 0 2, 8 7 5 , 0 0 0 - - 69,196 To t a l E x p e n d i t u r e s 5, 4 8 2 , 9 6 1 6, 2 3 7 , 3 9 1 8, 8 1 0 , 6 3 8 6, 5 7 1 , 3 7 4 3, 8 2 8 , 4 0 3 3,878,566 4,066,243 (1 , 8 2 5 , 6 7 5 ) (2 , 5 6 0 , 6 4 5 ) (2 , 9 6 2 , 4 4 2 ) (2 , 4 7 1 , 7 1 5 ) 51 9 , 6 3 4 644,720 619,045 Be g i n n i n g A v a i l a b l e F u n d B a l a n c e 1, 0 2 4 , 1 9 4 4, 3 3 9 , 9 2 4 3, 3 7 7 , 4 8 3 90 5 , 7 6 8 1,425,402 2,070,122 Tr a n s f e r o f F u n d B a l a n c e f r o m C a p i t a l R e s e r v e 5, 8 7 6 , 3 7 5 2, 0 0 0 , 0 0 0 Le s s T A B O R R e s e r v e (1 1 0 , 8 7 3 ) (1 7 5 , 4 4 6 ) (1 2 2 , 9 9 0 ) (1 3 0 , 4 4 1 ) (135,699) (140,559) Le s s E m p l o y e e H o u s i n g R e s e r v e (2 0 , 0 0 0 ) (2 5 , 0 0 0 ) (3 0 , 0 0 0 ) (3 5 , 0 0 0 ) (40,000) (45,000) En d i n g A v a i l a b l e F u n d B a l a n c e - O p e r a t i n g F u n d 4 , 2 0 9 , 0 5 1 3, 1 7 7 , 0 3 7 75 2 , 7 7 8 1, 2 5 9 , 9 6 1 1,894,423 2,503,609 Ca p i t a l R e s e r v e F u n d B a l a n c e 3, 2 8 8 , 8 9 9 1, 2 9 7 , 3 1 9 An n u a l S u r p l u s / ( D e f i c i t ) Pi t k i n C o u n t y L i b r a r y D i s t r i c t 20 1 5 B u d g e t & F i v e - Y e a r P l a n 21 20 1 4 I n i t i a l Bu d g e t 20 1 4 Y e a r - E n d Es t i m a t e 2 0 1 5 B u d g e t 2 0 1 6 B u d g e t 20 1 7 B u d g e t 2 0 1 8 B u d g e t 2 0 1 9 B u d g e t Re v e n u e s Pr o p e r t y T a x 4 2 9 , 2 2 7 4 2 9 , 2 2 7 7 8 4 , 5 1 2 7 1 3 , 3 2 4 48 7 , 2 4 5 5 0 5 , 2 7 3 524,474 Mo t o r V e h i c l e T a x 1 1 , 8 0 4 1 1 , 8 0 4 2 5 , 1 0 4 2 2 , 8 2 6 1 5 , 5 9 2 1 6 , 1 6 9 16,783 Wi l d f i r e R e i m b u r s e m e n t s 1 5 , 0 0 0 1 5 , 0 0 0 - - - - - In t e r e s t I n c o m e 3 , 9 6 0 2 , 0 0 0 1 , 6 3 0 5 , 7 5 0 1 0 , 2 2 0 1 1 , 2 9 0 11,230 Ot h e r R e v e n u e - - - - - - - Sa l e o f F i x e d A s s e t s - - - - - 1 0 , 6 8 0 - To t a l R e v e n u e s 4 5 9 , 9 9 1 4 5 8 , 0 3 1 8 1 1 , 2 4 6 7 4 1 , 9 0 0 5 1 3 , 0 5 7 5 4 3 , 4 1 2 552,487 Ex p e n d i t u r e s Tr e a s u r e r ' s F e e s 2 1 , 4 6 1 2 1 , 4 6 1 3 9 , 2 2 6 3 5 , 6 6 6 2 4 , 3 6 2 2 5 , 2 6 4 26,224 IG A P a y m e n t t o A s p e n V a l l e y H o s p i t a l 3 0 0 , 0 1 4 3 0 0 , 0 1 4 3 3 9 , 4 2 3 3 5 3 , 0 0 0 3 6 7 , 1 2 0 3 8 1 , 8 0 5 397,077 Sh a r e o f C o u n t y D i s p a t c h 2 7 , 6 9 7 2 7 , 6 9 7 2 7 , 3 4 6 2 8 , 0 5 7 2 8 , 6 7 4 2 9 , 3 3 4 30,009 Pu b l i c S a f e t y C o u n c i l C o n t r i b u t i o n 2 , 0 0 0 2 , 0 0 0 2 , 0 0 0 2 , 0 5 2 2 , 0 9 7 2 , 1 4 5 2,194 Co u n t y C e l l P h o n e s - - - - - - - ( I ns u r a n c e , R a d i o s , & A d m i n F e e ) 33 , 9 1 2 33 , 9 1 2 14 , 2 6 6 14 , 6 3 7 14 , 9 5 9 15,303 15,655 Fl e e t C o s t C e n t e r 54 , 7 9 0 54 , 7 9 0 56 , 5 1 8 59 , 9 0 9 63 , 5 0 4 67,314 71,353 Me d i c a l E q u i p m e n t - - 50 , 0 0 0 - - - - Ra d i o s 13 , 0 0 0 13 , 0 0 0 - - - - - Ve h i c l e s 50 , 0 0 0 53 , 7 1 0 - - - 53,550 - Fa c i l i t y M a i n t e n a n c e W a g e s & B e n e f i t s 9, 2 1 1 9, 2 1 1 1, 6 8 2 1, 7 3 7 1, 7 9 3 1,851 1,911 He a l t h I n s u r a n c e 2, 1 2 5 2, 1 2 5 34 8 36 5 38 3 402 422 Bu i l d i n g M a i n t . P r o j e c t s 43 , 9 8 8 12 7 , 1 2 9 - - - - - Fa c i l i t i e s S t u d y - - 50 , 0 0 0 - - - - Fa c i l i t i e s D e s i g n - - 25 0 , 0 0 0 25 0 , 0 0 0 - - - To t a l E x p e n d i t u r e s 55 8 , 1 9 8 64 5 , 0 4 9 83 0 , 8 0 9 74 5 , 4 2 3 50 2 , 8 9 2 576,968 544,845 (9 8 , 2 0 7 ) (1 8 7 , 0 1 8 ) (1 9 , 5 6 3 ) (3 , 5 2 3 ) 10 , 1 6 5 (33,556) 7,642 Be g i n n i n g A v a i l a b l e F u n d Ba l a nc e 41 1 , 64 2 22 4 , 6 2 4 20 5 , 0 6 1 20 1 , 5 3 9 211,703 178,147 En d i n g A v a i l a b l e Fu n d B a l a n c e 22 4 , 6 2 4 20 5 , 0 6 1 20 1 , 5 3 9 21 1 , 7 0 3 178,147 185,790 A n n u a l S u r p l u s / ( D e f i c i t ) C a p i t a l R e p l a c e m e n t s Pi t k i n C o u n t y A s p e n A m b u l a n c e D i s t r i c t F u n d 20 1 5 B u d g e t & F i v e - Y e a r P l a n C o s t C e n t e r s & A d m i n F e e R e p l a c e m e n t s 22 EO T C B U D G E T A N D M U L T I - Y E A R P L A N EO T C T r a n s i t P r o j e c t F u n d i n g Pr o p o s e d Ac t u a l B u d g e t B u d g e t P l a n P l a n P l a n P l a n 20 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 FU N D I N G S O U R C E S : a) P i t k i n C o u n t y 1 / 2 % s a l e s t a x 4, 1 8 5 , 9 3 4 4, 4 3 3 , 0 0 0 4, 6 5 5 , 0 0 0 4, 8 8 8 , 0 0 0 5, 0 5 9 , 0 0 0 5,236,000 5,419,000 b) P i t k i n C o u n t y 1 / 2 % u s e t a x 81 3 , 0 3 4 87 8 , 0 0 0 91 8 , 0 0 0 94 6 , 0 0 0 97 4 , 0 0 0 1,003,000 1,033,000 c) I n v e s t m e n t i n c o m e & m i s c . 41 , 5 2 2 56 , 0 0 0 61 , 0 0 0 14 9 , 0 0 0 29 0 , 0 0 0 366,000 420,000 To t a l F u n d i n g S o u r c e s 5, 0 4 0 , 4 9 0 5, 3 6 7 , 0 0 0 5, 6 3 4 , 0 0 0 5, 9 8 3 , 0 0 0 6, 3 2 3 , 0 0 0 6,605,000 6,872,000 FU N D I N G U S E S : 1) U s e t a x c o l l e c t i o n c o s t s 46 , 8 7 4 11 1 , 7 9 6 85 , 1 0 0 87 , 6 5 3 90,283 92,991 95,781 2) A d m i n i s t r a t i v e c o s t a l l o c a t i o n & m e e t i n g c o s t s 16 , 7 2 5 18 , 8 2 7 17 , 9 3 7 18 , 4 7 5 19,029 19,600 20,188 2a ) P l a n n i n g r e t r e a t 6, 8 0 0 3) C a b r i d e i n - l i e u o f b u s s t o p s a f e t y i m p r v s 5, 5 2 7 8, 0 0 0 10 , 0 0 0 10 , 3 0 0 10,609 10,927 11,255 4) X - G a m e s t r a n s i t s u b s i d y 10 0 , 0 0 0 10 0 , 0 0 0 11 5 , 0 0 0 11 5 , 0 0 0 11 5 , 0 0 0 115,000 115,000 5) B r u s h C r e e k I n t e r c e p t L o t o p e r a t i n g c o s t s 18 , 0 5 7 35 , 0 0 0 36 , 0 0 0 37 , 0 8 0 38,192 39,338 40,518 6) R F T A c o n t r i b u t i o n ( 8 1 . 0 4 % o f 1 / 2 % s a l e s t a x ) 3, 3 9 2 , 2 8 1 3, 5 9 2 , 5 0 3 3, 7 7 2 , 4 1 2 3, 9 6 1 , 2 3 5 4, 0 9 9 , 8 1 4 4,243,254 4,391,558 7) N o - f a r e A s p e n - S n o w m a s s - W o o d y C r e e k b u s s e r v i c e - y e a r - r o u n d 55 1 , 9 0 0 55 1 , 9 0 0 55 1 , 9 0 0 551,900 551,900 7a ) r e q u e s t e d i n c r e a s e 69 , 7 5 8 13 2 , 4 7 9 19 5 , 1 9 9 204,959 215,207 8) N o - f a r e b u s s e r v i c e - w i n t e r , s p r i n g , f a l l 47 8 , 1 4 8 47 6 , 2 1 1 9) N o - f a r e b u s s e r v i c e - s u m m e r ( f u n d e d f r o m S n o w m a s s V i l l a g e S a v i n g s ) 75 , 6 8 9 75 , 6 8 9 10 ) C a p i t a l p r o j e c t s p o o l ( a d v a n c e d e q u a l l y f r o m A s p e n & S n o w m a s s S a v i n g s ) 10 a ) A A B C p e d e s t r i a n c r o s s i n g d e s i g n & e n g i n e e r i n g ( a d d t l $ 1 2 5 , 0 0 0 ) 20 , 7 2 0 10 b ) A A B C p e d e s t r i a n c r o s s i n g c o n s t r u c t i o n c o n t r i b u t i o n 2, 0 2 5 , 0 0 0 11 ) A AB C p e d . c r o s s i n g d e s i g n & e n g i n e e r i n g ( $ 2 5 0 k a d v a n c e d f r o m A s p e n S a v i n g s ) 12 ) R u b e y P a r k ( f u n d e d f r o m A s p e n S a v i n g s ) 12 a ) s c o p i n g & c o n c e p t u a l d e s i g n 2 0 4 , 2 1 6 12 b ) f i n a l d e s i g n , l a n d u s e & p e r m i t t i n g 6 5 0 , 0 0 0 12 c ) c o n s t r u c t i o n 3, 9 0 0 , 0 0 0 13 ) R e g i o n a l T r a v e l P a t t e r n s s t u d y 30 , 0 0 0 To t a l U s e s 6, 3 8 3 , 2 3 7 5 , 1 0 4 , 8 2 6 8, 5 5 8 , 1 0 7 4, 9 1 4 , 1 2 2 5 , 1 2 0 , 0 2 6 5 , 2 7 7 , 9 7 0 5,441,407 EO T C A N N U A L S U R P L U S / ( D E F I C I T ) (1 , 3 4 2 , 7 4 7 ) 26 2 , 1 7 4 (2 , 9 2 4 , 1 0 7 ) 1, 0 6 8 , 8 7 8 1, 2 0 2 , 9 7 4 1,327,030 1,430,593 EO T C C U M U L A T I V E S U R P L U S F U N D B A L A N C E 9, 4 2 3 , 1 5 4 9 , 6 8 5 , 3 2 8 6, 7 6 1 , 2 2 1 7, 8 3 0 , 1 0 0 9 , 0 3 3 , 0 7 3 1 0 , 3 6 0 , 1 0 4 11,790,696 a) s a l e s t a x 7. 0 % 5 . 9 % 5. 0 % 5. 0 % 3 . 5 % 3 . 5 % 3 . 5 % b) u s e t a x 3. 6 % 8 . 0 % 4. 5 % 3. 0 % 3 . 0 % 3 . 0 % 3 . 0 % c) i n v e s t m e n t e a r n i n g s r a t e 0 . 5 % 0 . 5 % 0. 6 % 2. 2 % 3 . 7 % 4 . 1 % 4 . 1 % DI S T R I B U T I O N O F A N N U A L S U R P L U S 97 5 , 8 9 3 1, 0 6 8 , 8 7 8 1 , 2 0 2 , 9 7 4 1,327,030 1,430,593 25 % t o S n o w m a s s V i l l a g e S a v i n g s u n t i l r e s t o r e d t o $ 6 , 2 7 8 , 7 8 7 24 3 , 9 7 3 26 7 , 2 2 0 3 0 0 , 7 4 3 2 6 3 , 0 4 7 - re m a i n d e r t o A s p e n S a v i n g s 73 1 , 9 2 0 80 1 , 6 5 9 9 0 2 , 2 3 0 1 , 0 6 3 , 9 8 3 1,430,593 Re v e n u e p r o j e c t i o n s : 23 EO T C B U D G E T A N D M U L T I - Y E A R P L A N Ac t u a l B u d g e t Bu d g e t Pl a n P l a n P l a n P l a n Sa v i n g s F u n d f o r S n o w m a s s V il l a g e A r e a 20 1 3 20 1 4 20 1 5 20 1 6 20 1 7 2018 2019 le s s s u m m e r n o - f a r e s e r v i c e (7 5 , 6 8 9 ) (7 5 , 6 8 9 ) - - - - - le s s 1 / 2 o f a d v a n c e t o c a p i t a l p o o l (1 , 0 2 2 , 8 6 0 ) - - - - - - pl u s r e i m b u r s e m e n t o f a d v a n c e t o c a p i t a l p o o l - - 24 3 , 9 7 3 26 7 , 2 2 0 30 0 , 7 4 3 263,047 - Sa v i n g s F u n d f o r S n o w m a s s V il l a g e A r e a 5, 2 7 9 , 4 9 3 5 , 2 0 3 , 8 0 4 5, 4 4 7 , 7 7 7 5, 7 1 4 , 9 9 7 6 , 0 1 5 , 7 4 0 6 , 2 7 8 , 7 8 7 6,278,787 A ct u a l B u d g e t Bu d g e t Pl a n P l a n P l a n P l a n Ca l c u l a t i o n o f a m o u n t a l l o c a t e d t o S a v i n g s F u n d f o r A s p e n A r e a 20 1 3 20 1 4 20 1 5 20 1 6 20 1 7 2018 2019 Pi t k i n C o u n t y 1 / 2 % s a l e s t a x 4, 1 8 5 , 9 3 4 4, 4 3 3 , 0 0 0 4, 6 5 5 , 0 0 0 4, 8 8 8 , 0 0 0 5, 0 5 9 , 0 0 0 5,236,000 5,419,000 Pi t k i n C o u n t y 1 / 2 % u s e t a x 81 3 , 0 3 4 87 8 , 0 0 0 91 8 , 0 0 0 94 6 , 0 0 0 97 4 , 0 0 0 1,003,000 1,033,000 In v e s t m e n t i n c o m e & m i s c . 61 , 0 0 0 14 9 , 0 0 0 29 0 , 0 0 0 366,000 420,000 le s s c o m m i t t e d f u n d i n g (1 8 7 , 1 8 3 ) (2 8 0 , 4 2 3 ) (8 8 5 , 6 9 5 ) (9 5 2 , 8 8 7 ) (1 , 0 2 0 , 2 1 2 ) (1,034,716) (1,049,849) le s s R F T A c o n t ri b u t i o n ( 8 1 . 0 4 % o f 1 / 2 % s a l e s t a x ) (3 , 3 9 2 , 2 8 1 ) (3 , 5 9 2 , 5 0 3 ) (3 , 7 7 2 , 4 1 2 ) (3 , 9 6 1 , 2 3 5 ) (4 , 0 9 9 , 8 1 4 ) (4,243,254) (4,391,558) An n u a l S u r p l u s t o b e a l l o c a t e d 1, 4 1 9 , 5 0 4 1, 4 3 8 , 0 7 4 97 5 , 8 9 3 1, 0 6 8 , 8 7 8 1, 2 0 2 , 9 7 4 1,327,030 1,430,593 An n u a l 2 / 3 ' s a l l o c a t i o n t o A s p e n S a v i n g s t h r o u g h 2 0 1 4 94 6 , 3 3 6 95 8 , 7 1 6 An n u a l s u r p l u s r e m a i n i n g a f t e r r e i m b u r s e m e n t o f a d v a n c e s - 27 4 , 2 8 5 90 2 , 2 3 0 1,063,983 1,430,593 pl u s r e i m b u r s e m e n t f o r $ 2 5 0 , 0 0 0 p e d e s t r i a n c r o s s i n g f u n d i n g 36 , 5 4 2 29 , 1 4 7 18 4 , 3 1 1 - - - le s s 1 / 2 o f a d v a n c e t o c a p i t a l p o o l (1 , 0 2 2 , 8 6 0 ) - - - - - - pl u s r e i m b u r s e m e n t o f a d v a n c e t o c a p i t a l p o o l - - 54 7 , 6 0 9 52 7 , 3 7 4 - - - le s s R u b e y P a r k f u n d e d f r o m A s p e n S a v i n g s (2 0 4 , 2 1 6 ) (6 5 0 , 0 0 0 ) (3 , 9 0 0 , 0 0 0 ) Sa v i n g s F u n d f o r A s p e n A r e a 4, 1 4 3 , 6 6 1 4 , 4 8 1 , 5 2 4 1, 3 1 3 , 4 4 4 2, 1 1 5 , 1 0 3 3 , 0 1 7 , 3 3 3 4 , 0 8 1 , 3 1 7 5,511,909 A ct u a l B u d g e t Bu d g e t Pl a n P l a n P l a n P l a n Ad v a n c e s f r o m A s p e n a n d S n o w m a s s V i l l a g e S a v i n g s Fu n d s 20 1 3 2 0 1 4 20 1 5 20 1 6 2 0 1 7 2 0 1 8 2 0 1 9 re m a i n i n g b a l a n c e t o r e i m b u r s e S n o w m a s s S a v i n g s f o r a d v a n c e t o c a p i t a l p o o l 1 , 0 7 4 , 9 8 3 1, 0 7 4 , 9 8 3 83 1 , 0 1 0 56 3 , 7 9 0 26 3 , 0 4 7 - - re m a i n i n g b a l a n c e t o r e i m b u r s e A s p e n S a v i n g s f o r a d v a n c e t o c a p i t a l p o o l 1, 0 7 4 , 9 8 3 1, 0 7 4 , 9 8 3 52 7 , 3 7 4 - - - - re m a i n i n g b a l a n c e t o r e i m b u r s e A s p e n S a v i n g s f o r 2 0 1 1 - 1 2 $ 2 5 0 , 0 0 0 a d v a n c e 2 1 3 , 4 5 8 18 4 , 3 1 1 - - - - - Ac t u a l B u d g e t Ca l c u l a t i o n o f a m o u n t a l l o c a t e d t o d i s c r e t i o n a r y f u n d i n g ( N / A a f t e r 2 0 1 4 ) 20 1 3 2 0 1 4 EO T C A N N U A L S U R P L U S ( a f t e r f u n d i n g o p e r a t i o n s ) ( 1 , 3 4 2 , 7 4 7 ) 2 6 2 , 1 7 4 l e s s a n n u a l 2 / 3 ' s a l l o c a t i o n t o A s p e n S a v i n g s t h r o u g h 2 0 1 4 ( 9 4 6 , 3 3 6 ) ( 9 5 8 , 7 1 6 ) p l u s a d v a n c e f o r c a p i t a l p r o j e c t s p o o l 2 , 0 4 5 , 7 2 0 - p l u s R u b e y P a r k p l a n n i n g f u n d e d f r o m A s p e n S a v i n g s 20 4 , 2 1 6 65 0 , 0 0 0 p l u s s u m m e r n o - f a r e b u s s e r v i c e f u n d e d f r o m S o w m a s s V i l l a g e S a v i n g s 75 , 6 8 9 75 , 6 8 9 Re m a i n i n g a n n u a l d i s c r e t i o n a r y f u n d i n g 36 , 5 4 2 29 , 1 4 7 l e s s r e i m b u r s e m e n t t o A s p e n S a v i n g s f o r $ 2 5 0 , 0 0 0 p e d c r o s s i n g f u n d i n g (3 6 , 5 4 2 ) (2 9 , 1 4 7 ) Ne t a n n u a l d i s c r e t i o n a r y f u n d i n g a f t e r r e i m b u r s e m e n t s - - Cu m u l a t i v e r e m a i n i n g d i s c r e t i o n a r y f u n d i n g a f t e r r e i m b u r s e m e n t s - - 24 Pa y m e n t In Li e u of Ho u s i n g an d Ho u s i n g Im p a c t Fe e Pr o p o s e d 20 1 5 Bu d g e t an d Five Year Plan Su m m a r y 20 1 4 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 Bu d g e t P r o j . Ac t u a l P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d Pr o j e c t e d Be g i n n i n g Fu n d Ba l a n c e 1 0 , 9 8 5 , 6 2 8 11 , 7 3 0 , 0 7 0 5, 1 4 1 , 0 5 6 3, 1 4 7 , 7 3 8 2, 3 6 2 , 9 1 2 1,619,092 Re v e n u e s Five Year Total Ho u s i n g Im p a c t Fe e 8 9 6 , 1 0 0 70 0 , 0 0 0 70 0 , 0 0 0 71 6 , 1 0 0 73 1 , 8 5 4 74 8 , 6 8 7 765,907 3,662,548 In t e r e s t 6 1 , 0 1 0 54 , 6 8 0 51 , 1 0 0 18 7 , 3 7 0 31 5 , 1 2 0 34 9 , 1 9 0 349,190 1,251,970 Gr a n t s ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Un i t Sa l e s / R e n t a l In c o m e 2 7 , 0 0 0 57 , 2 8 0 57 , 6 0 0 92 , 5 0 0 10 9 , 0 2 0 10 0 , 7 3 0 82,550 442,400 To t a l Re v e n u e s 9 8 4 , 1 1 0 81 1 , 9 6 0 80 8 , 7 0 0 99 5 , 9 7 0 1, 1 5 5 , 9 9 4 1, 1 9 8 , 6 0 7 1,197,647 5,356,918 Ex p e n d i t ur e s P ur c h a s e s 1, 0 0 0 , 0 0 0 20 , 0 0 0 1, 0 0 0 , 0 0 0 80 0 , 0 0 0 80 0 , 0 0 0 80 0 , 0 0 0 800,000 4,200,000 La n d Ba n k i n g ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ Pa r t n e r s h i p s 6, 0 0 0 , 0 0 0 ‐ 6, 0 0 0 , 0 0 0 2, 0 0 0 , 0 0 0 1, 0 0 0 , 0 0 0 1, 0 0 0 , 0 0 0 1,000,000 11,000,000 Du e ‐Di l i g e n c e Co s t s / B r o k e r Fe e s 35 0 , 0 0 0 ‐ 35 0 , 0 0 0 14 0 , 0 0 0 90 , 0 0 0 90 , 0 0 0 90,000 760,000 Ma i n t e n a n c e & Re p a i r s 3, 0 0 0 3, 0 0 0 3, 0 0 0 3, 0 7 8 3, 1 4 6 3, 2 1 8 3,292 15,734 Mg t Fe e , Ut i l i t i e s , an d HO A 18 , 0 0 0 18 , 0 0 0 20 , 8 6 2 21 , 4 0 4 21 , 8 7 5 22 , 3 7 8 22,893 109,413 Co u n t y Ov e rh e a d Co s t s 26 , 5 1 8 26 , 5 1 8 23 , 8 5 2 24 , 8 0 6 25 , 7 9 8 26 , 8 3 0 27,903 129,190 To t a l Ex p e n d i t u r e s 7, 3 9 7 , 5 1 8 67 , 5 1 8 7, 3 9 7 , 7 1 4 2, 9 8 9 , 2 8 8 1, 9 4 0 , 8 1 9 1, 9 4 2 , 4 2 7 1,944,089 16,214,337 Ad d i t i o n to / ( U s e of ) Fu n d Ba l a n c e (6 , 4 1 3 , 4 0 8 ) 74 4 , 4 4 2 (6 , 5 8 9 , 0 1 4 ) (1 , 9 9 3 , 3 1 8 ) (7 8 4 , 8 2 5 ) (7 4 3 , 8 2 0 ) (746,442) (15,779,944) Pr o j e c t e d En d i n g Fu n d Ba l a n c e 11 , 7 3 0 , 0 7 0 5, 1 4 1 , 0 5 6 3, 1 4 7 , 7 3 8 2, 3 6 2 , 9 1 2 1, 6 1 9 , 0 9 2 872,650 25 Ai r p o r t 20 1 5 Bu d g e t an d 5 ‐Ye a r Pl a n Ai r p o r t Re v e n u e 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 Or i g . Bu d g e t P r o j e c t e d B u d g e t D i f f e r e n c e P e r c e n t a ge P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d Pa r k i n g 50 7 , 0 0 0 52 7 , 7 0 5 53 7 , 1 3 2 30 , 1 3 2 5. 9 0 % Ai r l i n e Re v e n u e s 3, 0 1 8 , 3 5 5 3, 6 8 4 , 2 5 7 3, 8 1 1 , 9 1 9 79 3 , 5 6 4 26 . 3 0 % Ge n e r a l Av i a t i o n Re v e n u e s 1 ,9 8 5 , 9 9 3 2, 0 9 1 , 2 4 6 2, 1 8 9 , 1 2 8 20 3 , 1 3 5 10 . 2 0 % Te r m i n a l Co n c e s s i o n s 51 0 , 7 2 1 37 3 , 7 6 7 49 1 , 8 0 2 (1 8 , 9 1 9 ) ‐3. 7 0 % Re n t a l Ca r s 1, 4 5 1 , 5 5 7 2, 3 5 6 , 9 3 2 2, 1 9 1 , 9 9 9 74 0 , 4 4 2 51 . 0 0 % Gr a n t s / C a p i t a l / O t h e r 5, 9 7 4 , 8 1 8 4, 8 7 6 , 6 3 7 5, 8 4 5 , 8 8 8 (1 2 8 , 9 3 0 ) ‐2. 2 0 % To t a l s 13 , 4 4 8 , 4 4 4 13 , 9 1 0 , 5 4 4 15 , 0 6 7 , 8 6 8 1, 6 1 9 , 4 2 4 12 . 0 0 % 1 3 , 9 2 5 , 1 2 3 21 , 6 8 3 , 2 4 1 19,769,338 69,798,414 Ai r p o r t Ex p e n s e 20 1 4 20 1 5 20 1 6 2 0 1 7 2 0 1 8 2 0 1 9 Or i g . Bu d g e t P r o j e c t e d B u d g e t D i f f e r e n c e P e r c e n t a ge P r o j e c t e d P r o j e c t e d P r o j e c t e d P r o j e c t e d Te r m i n a l 1, 7 5 2 , 5 0 0 1, 7 4 7 , 7 7 6 1, 8 1 3 , 0 1 9 60 , 5 1 9 3. 5 0 % AR F F 44 4 , 6 3 1 46 2 , 5 7 6 55 8 , 0 9 1 11 3 , 4 6 0 25 . 5 0 % Ro a d w a y 78 7 , 0 5 8 79 8 , 5 2 3 54 6 , 0 7 7 (2 4 0 , 9 8 1 ) ‐30 . 6 0 % Ai r f i e l d 1, 0 4 7 , 7 1 6 1, 0 2 4 , 4 0 8 1, 2 2 5 , 0 6 8 17 7 , 3 5 2 16 . 9 0 % Ai r p o r t Op e r a t i o n s Ce n t e r 41 7 , 1 5 6 41 4 , 6 2 1 50 2 , 0 4 7 84 , 8 9 1 20 . 3 0 % Pa r k i n g 89 , 5 7 2 91 , 8 2 5 78 , 8 5 7 (1 0 , 7 1 5 ) ‐12 . 0 0 % Se c u r i t y 23 5 , 2 2 9 22 5 , 6 8 4 33 1 , 6 8 0 96 , 4 5 1 41 . 0 0 % Ad m i n i s t r a t i o n 56 0 , 9 3 7 58 6 , 6 3 8 61 4 , 9 1 4 53 , 9 7 7 9. 6 0 % Co s t Ce n t e r s 1 ,0 8 7 , 9 8 1 1, 0 8 7 , 9 8 1 1, 1 2 5 , 3 4 9 37 , 3 6 8 3. 4 0 % Ca p i t a l / Ot h e r Ex p e n s e 6, 6 4 7 , 4 7 9 9, 1 7 5 , 4 1 6 7, 9 0 8 , 6 4 9 1, 2 6 1 , 1 7 0 19 . 0 0 % To t a l s 13 , 0 7 0 , 2 5 9 15 , 6 1 5 , 4 4 8 14 , 7 0 3 , 7 5 1 1, 6 3 3 , 4 9 2 12 . 5 0 % 13 , 8 5 4 , 4 7 5 17 , 5 2 4 , 8 4 3 16,102,588 78,352,662 Re v e n u e s Ov e r Ex p e n s e s 37 8 , 1 8 5 (1 , 7 0 4 , 9 0 4 ) 36 4 , 1 1 7 70 , 6 4 8 4, 1 5 8 , 3 9 8 3,666,750 (8,554,248) Ye a r En d Fu n d Ba l a n c e 12 , 6 6 8 , 8 3 6 10 , 5 8 5 , 7 4 6 10 , 9 4 9 , 8 6 3 11 , 0 2 0 , 5 1 1 15 , 1 7 8 , 9 0 9 18,845,659 10,291,411 26 20 1 4 I n i t i a l Bu d g e t 20 1 4 Y e a r - E n d Es t i m a t e 20 1 5 B u d g e t 2 0 1 6 B u d g e t 2 0 1 7 B u d g e t 2 0 1 8 B u d g e t 2 0 1 9 B u d g e t So l i d W a s t e C e n t e r Re v e n u e s Se r v i c e C h a r g e s 4, 4 1 7 , 5 0 0 4, 9 8 1 , 7 2 0 4, 7 8 6 , 5 7 5 4, 8 9 6 , 6 6 6 5, 0 0 4 , 3 9 3 5,119,494 5,237,242 In t e r e s t I n c o m e 22 , 9 3 0 22 , 4 2 0 26 , 0 6 0 92 , 7 4 0 16 1 , 1 1 0 192,810 204,250 Ot h e r R e v e n u e s 26 , 0 0 0 26 , 0 0 0 4, 5 0 0 4, 6 0 4 4, 7 0 5 4,813 4,924 Sa l e o f F i x e d A s s e t s 38 , 8 7 5 38 , 8 7 5 95 , 0 0 0 12 2 , 7 6 0 13 , 5 8 5 - 37,094 To t a l R e v e n u e s 4, 5 0 5 , 3 0 5 5, 0 6 9 , 0 1 5 4, 9 1 2 , 1 3 5 5, 1 1 6 , 7 7 0 5, 1 8 3 , 7 9 3 5,317,117 5,483,510 Ex p e n d i t u r e s La b o r Wa g e s a n d R e t i r e m e n t C o n t r i b u t i o n s 64 3 , 2 7 3 60 8 , 2 7 3 67 9 , 2 8 8 69 1 , 8 8 0 71 4 , 3 6 6 737,583 761,554 4, 0 0 0 4, 0 0 0 10 , 0 0 0 10 , 3 2 5 10 , 6 6 1 11,007 11,365 He a l t h I n s u r a n c e 18 9 , 7 5 9 14 9 , 7 5 9 19 7 , 0 5 5 20 6 , 9 0 8 21 7 , 2 5 3 228,116 239,522 Wo r k e r s ' C o m p e n s a t i o n I n s u r a n c e 26 , 6 4 1 26 , 6 4 1 30 , 0 6 8 30 , 8 5 0 31 , 5 2 9 32,254 32,996 Ed u c a t i o n a n d T r a i n i n g 9, 0 0 0 9, 0 0 0 22 , 3 5 0 22 , 9 3 1 23 , 4 3 5 23,974 24,525 Se r v i c e s a n d S u p p l i e s 1, 3 8 5 , 5 7 4 1, 3 3 5 , 8 3 4 1, 4 6 8 , 2 8 1 1, 5 0 6 , 4 5 6 1, 5 3 9 , 5 9 8 1,575,008 1,611,234 1, 0 1 0 , 7 0 0 1, 0 1 0 , 7 0 0 1, 0 1 0 , 7 0 0 1, 0 3 6 , 9 7 8 1, 0 5 9 , 7 9 2 1,084,167 1,109,103 Ag g r e g a t e P r o c e s s i n g - 58 0 , 0 0 0 65 0 , 0 0 0 66 6 , 9 0 0 68 1 , 5 7 2 697,248 713,285 19 8 , 1 4 6 19 8 , 1 4 6 22 5 , 1 0 3 23 0 , 9 5 6 23 6 , 0 3 7 241,466 247,020 Fl e e t C o s t C e n t e r 18 2 , 1 5 3 13 1 , 8 9 3 15 5 , 1 4 5 16 4 , 4 5 4 17 4 , 3 2 1 184,780 195,867 - - - - - - - To t a l E x p e n d i t u r e s 3, 6 4 9 , 2 4 6 4, 0 5 4 , 2 4 6 4, 4 4 7 , 9 9 0 4, 5 6 8 , 6 3 8 4, 6 8 8 , 5 6 4 4,815,603 4,946,471 85 6 , 0 5 9 1, 0 1 4 , 7 6 9 46 4 , 1 4 5 54 8 , 1 3 2 49 5 , 2 2 9 501,514 537,039 Ca p i t a l P r o j e c t s a n d R e p l a c e m e n t s Ve h i c l e s 19 4 , 3 7 6 42 7 , 5 6 0 62 5 , 0 0 0 60 0 , 0 0 0 65 , 0 0 0 - 170,000 Of f i c e E q u i p m e n t - 9, 8 0 0 - - - - 7,658 Co m p u t e r E q u i p m e n t - - - 9, 5 4 2 - - 1,641 Ra d i o T e c h - 7, 7 1 3 2, 4 0 0 5, 5 4 0 - - 2,735 Ot h e r D e p t ' l E q u i p m e n t a n d C a p i t a l 6, 0 0 0 17 , 3 3 9 19 , 6 3 0 40 , 0 0 0 - 110,884 56,000 Wa s t e W a t e r T r e a t m e n t S y s t e m 71 5 , 0 0 0 71 5 , 0 0 0 - - - - - T o t a l f o r C a p i t a l a n d R e p l a c e m e n t s 91 5 , 3 7 6 1, 1 7 7 , 4 1 2 64 7 , 0 3 0 65 5 , 0 8 2 65 , 0 0 0 110,884 238,034 Va l u e o f I n v e n t o r y 37 4 , 3 5 4 An n u a l S u r p l u s / ( D e f i c i t ) (5 9 , 3 1 7 ) (1 6 2 , 6 4 3 ) (1 8 2 , 8 8 5 ) (1 0 6 , 9 5 0 ) 43 0 , 2 2 9 390,630 299,005 Ad d i t i o n s t o P o s t - C l o s u r e R e s e r v e 37 , 0 8 0 38 , 1 9 2 39 , 3 3 8 40,518 41,734 Fu n d B a l a n c e 2, 2 2 5 , 0 5 1 2, 0 6 2 , 4 0 8 1, 8 4 2 , 4 4 3 1, 6 9 7 , 3 0 1 2, 0 8 8 , 1 9 1 2,438,303 2,695,574 En d i n g P o s t - C l o s u r e R e s e r v e 2, 9 7 2 , 8 2 8 3, 0 0 9 , 9 0 8 3, 0 4 8 , 1 0 0 3, 0 8 7 , 4 3 9 3,127,957 3,169,691 Ad j u s t e d A v a i l a b l e F u n d B a l a n c e 5, 0 3 5 , 2 3 6 4, 8 5 2 , 3 5 1 4, 7 4 5 , 4 0 1 5, 1 7 5 , 6 3 0 5,566,260 5,865,265 Op e r a t i n g I n c o m e E x c l u d i n g D e p r e c i a t i o n La n d f i l l C o n t r a c t Ov e r t i m e Co s t C e n t e r s ( A d m i n F e e , R i s k , R a d i o ) Pi t k i n C o u n t y S o l i d W a s t e C e n t e r F u n d 20 1 5 B u d g e t & F i v e - Y e a r P l a n 27 GE N E R A L FU N D RE C O M M E N D E D BU Y ‐UP RE Q U E S T S De p a r t m e n t De s c r i p t i o n Pa g e 20 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 T o t a l 5 Year NE W PO S I T I O N S BI T S Bu s i n e s s Pr o c e s s An a l y s t fo r Ad m i n Se r v i c e s 38 ‐ Sa l a r y ($ 3 2 . 8 2 / h r ) 10 0 % FT E 68 , 2 6 8 70 , 4 8 7 72 , 7 7 8 75,143 77,585 364,260 ‐ Re t i r e m e n t & Ot h e r Be n e f i t s 11 , 5 0 1 11 , 8 7 5 12 , 2 6 1 12,659 13,071 61,366 ‐ He a l t h In s u r a n c e (a v e r a g e co s t ) 19 , 0 0 0 19 , 9 5 0 20 , 9 4 8 21,995 23,095 104,987 ‐ Of f i c e Fu r n i t u r e , Eq u i p m e n t , So f t w a r e 4, 5 6 5 ‐ ‐ ‐ ‐ 4,565 Ne t Co s t 10 3 , 3 3 4 10 2 , 3 1 1 10 5 , 9 8 6 109,797 113,750 535,178 BI T S Bu s i n e s s Pr o c e s s An a l y s t fo r As s r , Cl e r k , Tr e a s . 36 ‐ Sa l a r y ($ 3 2 . 8 2 / h r ) 10 0 % FT E 68 , 2 6 8 70 , 4 8 7 72 , 7 7 8 75,143 77,585 364,260 ‐ Re t i r e m e n t & Ot h e r Be n e f i t s 11 , 5 0 1 11 , 8 7 5 12 , 2 6 1 12,659 13,071 61,366 ‐ He a l t h In s u r a n c e (a v e r a g e co s t ) 19 , 0 0 0 19 , 9 5 0 20 , 9 4 8 21,995 23,095 104,987 ‐ Of f i c e Fu r n i t u r e , Eq u i p m e n t , So f t w a r e 4, 5 6 5 ‐ ‐ ‐ ‐ 4,565 Ne t Co s t 10 3 , 3 3 4 10 2 , 3 1 1 10 5 , 9 8 6 109,797 113,750 535,178 BI T S Bu s i n e s s Pr o c e s s An a l y s t / G o o g l e Ad v o c a t e 40 ‐ Sa l a r y , on ‐go i n g po s i t i o n at 10 0 % FT E 75 , 3 3 8 77 , 7 8 6 80 , 3 1 5 82,925 85,620 401,984 ‐ Re t i r e m e n t & Ot h e r Be n e f i t s 17 , 0 7 0 17 , 6 2 5 18 , 1 9 8 18,789 19,400 91,081 ‐ He a l t h In s u r a n c e 13 , 2 5 8 13 , 9 2 1 14 , 6 1 7 15,348 16,115 73,259 Ne t Co s t 10 5 , 6 6 6 10 9 , 3 3 2 11 3 , 1 2 9 117,062 121,135 566,323 De t e n t i o n De p u t y I 2 ‐ Sa l a r y ($ 2 1 . 0 4 / h r ) 10 0 % FT E 43 , 7 6 3 45 , 1 8 5 46 , 6 5 4 48,170 49,736 233,508 ‐ Re t i r e m e n t & Ot h e r Be n e f i t s 7, 7 0 2 7, 9 5 2 8, 2 1 1 8,478 8,753 41,096 ‐ He a l t h In s u r a n c e (a v e r a g e co s t ) 19 , 0 0 0 19 , 9 5 0 20 , 9 4 8 21,995 23,095 104,987 ‐ Tr a i n i n g 60 0 61 5 62 9 643 658 3,144 ‐ Un i f o r m 10 0 10 3 10 5 107 110 524 Ne t Co s t 71 , 1 6 5 73 , 8 0 5 76 , 5 4 5 79,393 82,351 383,259 PW En g i n e e r i n g / T r a n s p o r t . Pr o j e c t En g i n e e r / M a n a g e r 7 ‐ Sa l a r y ($ 3 2 . 9 7 / h r ) 10 0 % FT E 68 , 5 7 1 70 , 8 0 0 73 , 1 0 1 75,476 77,929 365,877 ‐ Re t i r e m e n t & Ot h e r Be n e f i t s 11 , 5 4 8 11 , 9 2 3 12 , 3 1 1 12,711 13,124 61,617 ‐ He a l t h In s u r a n c e (a v e r a g e co s t ) 19 , 0 0 0 19 , 9 5 0 20 , 9 4 8 21,995 23,095 104,987 ‐ Co n s u l t a n t Sa v i n g s (7 5 , 0 0 0 ) (7 6 , 8 7 5 ) (7 8 , 5 6 6 ) (80,373) (82,222) (393,036) ‐ En g i n e e r i n g Re f e r r a l Fe e s (3 , 0 0 0 ) (3 , 0 7 5 ) (3 , 1 4 3 ) (3,215) (3,289) (15,721) ‐ Pr o j e c t Sa v i n g s (1 0 , 0 0 0 ) (1 0 , 2 5 0 ) (1 0 , 4 7 6 ) (10,716) (10,963) (52,405) ‐ Re i m b u r s e m e n t th r o u g h Co s t Al l o c . Pl a n ‐ (2 4 , 7 7 5 ) (2 5 , 6 6 2 ) (26,581) (27,532) (104,550) Ne t Co s t 11 , 1 1 9 (1 2 , 3 0 2 ) (1 1 , 4 8 7 ) (10,703) (9,858) (33,232) 28 GE N E R A L FU N D RE C O M M E N D E D BU Y ‐UP RE Q U E S T S De p a r t m e n t De s c r i p t i o n Pa g e 20 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 T o t a l 5 Year SU C C E S S I O N / R E S T R U C T U R E Cl e r k & Re c o r d e r Re c o r d i n g De p a r t m e n t Co n t r a c t Wo r k 11 ‐ De c r e a s e FT E Ch i e f De p u t y Cl e r k (‐ 0. 0 5 FT E ) (4 , 4 2 3 ) (6 , 5 4 6 ) (3 , 9 0 7 ) ‐ ‐ (14,876) ‐ En d of Co n t r a c t , Ch i e f De p u t y Cl e r k ‐ ‐ (5 5 , 8 1 3 ) (115,660) (119,850) (291,323) ‐ Re c o r d i n g Sp e c . Sa l a r y ($ 2 2 . 0 0 / h r ) 10 0 % FT E 39 , 5 2 0 40 , 7 0 6 41 , 9 2 7 43,185 44,480 209,818 ‐ Re t i r e m e n t & Ot h e r Be n e f i t s 7, 0 4 5 7, 2 2 8 7, 4 1 8 7,613 7,813 37,117 ‐ He a l t h In s u r a n c e (a v e r a g e co s t ) 19 , 0 0 0 19 , 9 5 0 20 , 9 4 8 21,995 23,095 104,987 Ne t Co s t 61 , 1 4 2 61 , 3 3 8 10 , 5 7 3 (42,867) (44,462) 45,723 FT E IN C R E A S E S Cl e r k & Re c o r d e r Mo t o r Ve h i c l e St a f f FT E In c r e a s e to 10 0 % 15 ‐ Mo t o r Ve h i c l e Su p e r v i s o r (+ 0. 1 2 5 FT E ) 6, 1 6 8 6, 3 6 8 6, 5 7 5 6,789 7,010 32,911 ‐ 2 Mo t o r Ve h i c l e Sp e c i a l i s t s (+ 0. 1 2 5 FT E ) 5, 1 6 2 5, 3 3 0 5, 5 0 3 5,682 5,866 27,543 To t a l Co s t 11 , 3 3 0 11 , 6 9 8 12 , 0 7 8 12,471 12,876 60,454 Fa c i l i t i e s Ma i n t e n a n c e Ad m i n As s i s t a n t FT E In c r e a s e (f r o m 60 % to 10 0 % ) 17 ‐ 0. 4 0 FT E in c r e a s e , sa l a r y an d be n e f i t s 20 , 2 9 0 20 , 9 4 9 21 , 6 3 0 22,333 23,059 108,262 ‐ He a l t h In s u r a n c e (a v e r a g e co s t ) 19 , 0 0 0 19 , 9 5 0 20 , 9 4 8 21,995 23,095 104,987 Ne t Co s t 39 , 2 9 0 40 , 8 9 9 42 , 5 7 8 44,328 46,154 213,249 Se n i o r Se r v i c e s As s i s t a n t Co o k FT E In c r e a s e (f r o m 50 % to 60 % ) 19 ‐ 0. 1 0 FT E in c r e a s e , sa l a r y an d be n e f i t s 4, 6 8 8 4, 8 4 0 4, 9 9 8 5,160 5,328 25,014 ‐ In c r e a s e in fu n d i n g fr o m He a l t h y Co m m . Fu n d (4 , 6 8 8 ) (4 , 8 4 0 ) (4 , 9 9 8 ) (5,160) (5,328) (25,014) Ne t Co s t ‐ ‐ ‐ ‐ ‐ ‐ ME R I T IN C R E A S E S Ge n e r a l Fu n d In c r e a s e Ou t ‐Ye a r Pa y In c r e a s e Po o l fr o m 3% to 3. 2 5 % ‐ 35 , 6 8 4 73 , 0 1 8 112,742 154,789 376,233 29 GE N E R A L FU N D RE C O M M E N D E D BU Y ‐UP RE Q U E S T S De p a r t m e n t De s c r i p t i o n Pa g e 20 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 T o t a l 5 Year ON E ‐TI M E RE Q U E S T S Di s p a t c h Co u n t y Ad d r e s s Co r r e c t i o n s 21 1 3 , 0 0 0 ‐ ‐ ‐ ‐ 13,000 Fa c i l i t i e s Ma i n t e n a n c e Pu b l i c Wo r k s Ca m p u s Ma s t e r Pl a n 34 4 0 , 0 0 0 ‐ 40 , 0 0 0 ‐ ‐ 80,000 Hu m a n Re s o u r c e s Co n s u l t i n g Se r v i c e s 22 5 0 , 0 0 0 ‐ ‐ ‐ ‐ 50,000 Se n i o r Se r v i c e s Ag i n g We l l Pl a n Ov e r s i g h t Co n t r a c t 24 7 , 2 0 0 ‐ ‐ ‐ ‐ ‐ ‐ In c r e a s e in fu n d i n g fr o m He a l t h y Co m m . Fu n d (7 , 2 0 0 ) ‐ ‐ ‐ ‐ ‐ Ne t Co s t ‐ ‐ ‐ ‐ ‐ ‐ TE C H N O L O G Y RE Q U E S T S Fl e e t Up d a t e Fl e e t Fu e l Sy s t e m 45 ‐ So f t w a r e , Fu e l Tr a c k i n g an d Di s p e n s i n g 30 , 0 0 0 ‐ ‐ ‐ ‐ 30,000 ‐ Ha r d w a r e , Fu e l Si t e s 80 , 0 0 0 ‐ ‐ ‐ ‐ 80,000 ‐ Tr a i n i n g , Im p l e m e n t a t i o n 30 , 0 0 0 ‐ ‐ ‐ ‐ 30,000 ‐ Co n s t r u c t i o n an d In s t a l l a t i o n of Eq u i p m e n t at Fu e l Si t e s 70 , 0 0 0 ‐ ‐ ‐ ‐ 70,000 Ne t Co s t 21 0 , 0 0 0 ‐ ‐ ‐ ‐ 210,000 Hu m a n Re s o u r c e s HR I S Im p l e m e n t a t i o n 47 ‐ So f t w a r e 75 , 0 0 0 ‐ ‐ ‐ ‐ 75,000 ‐ So f t w a r e Se r v i c e / F e e s / S u p p o r t 50 , 0 0 0 51 , 2 5 0 52 , 3 7 8 53,582 54,815 262,024 Ne t Co s t 12 5 , 0 0 0 51 , 2 5 0 52 , 3 7 8 53,582 54,815 337,024 TO T A L GE N E R A L FU N D 69 9 , 2 5 0 65 6 , 1 9 8 66 0 , 6 5 3 665,471 725,169 3,087,260 TO T A L CA P I T A L FU N D 24 5 , 1 3 0 (7 9 , 8 7 0 ) (3 9 , 8 7 0 ) (79,870) (79,870) 285,130 TO T A L BU Y ‐UP RE Q U E S T S 94 4 , 3 8 0 57 6 , 3 2 8 62 0 , 7 8 3 585,601 645,299 3,372,390 30 GE N E R A L FU N D PE N D I N G BU Y ‐UP RE Q U E S T S De p a r t m e n t De s c r i p t i o n Pa g e 20 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 T o t a l 5 Year SE A S O N A L PO S I T I O N Co m m u n i t y De v e l o p m e n t Se a s o n a l Te m p Ad m i n i s t r a t i v e As s i s t a n t 9 ‐ Sa l a r y (2 3 . 7 5 / h r ) 3 da y s / w e e k fo r 6 mo ' s 16 , 0 0 0 16 , 5 2 0 17 , 0 5 7 17,611 18,184 85,372 TO T A L PE N D I N G RE Q U E S T S 16 , 0 0 0 16 , 5 2 0 17 , 0 5 7 17,611 18,184 85,372 31 GE N E R A L FU N D BU Y ‐UP RE Q U E S T S ‐ NO T RE C O M M E N D E D De p a r t m e n t De s c r i p t i o n Pa g e 20 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 T o t a l 5 Year NE W PO S I T I O N S De t e n t i o n De p u t y I 2 ‐ Sa l a r y ($ 2 1 . 0 4 / h r ) 10 0 % FT E 43 , 7 6 3 45 , 1 8 5 46 , 6 5 4 48,170 49,736 233,508 ‐ Re t i r e m e n t & Ot h e r Be n e f i t s 7, 7 0 2 7, 9 5 2 8, 2 1 1 8,478 8,753 41,096 ‐ He a l t h In s u r a n c e (a v e r a g e co s t ) 19 , 0 0 0 19 , 9 5 0 20 , 9 4 8 21,995 23,095 104,987 ‐ Tr a i n i n g 60 0 61 5 62 9 643 658 3,144 ‐ Un i f o r m 10 0 10 3 10 5 107 110 524 Ne t Co s t 71 , 1 6 5 73 , 8 0 5 76 , 5 4 5 79,393 82,351 383,259 SO / D i s p a t c h Us e f u l Pu b l i c Se r v i c e Co o r d . / A d m i n As s t 5 ‐ Sa l a r y ($ 1 9 . 7 6 / h r ) 10 0 % FT E 41 , 0 9 2 42 , 4 2 7 43 , 8 0 6 45,230 46,700 219,256 ‐ Re t i r e m e n t & Ot h e r Be n e f i t s 7, 2 8 8 7, 5 2 5 7, 7 6 9 8,022 8,283 38,887 ‐ He a l t h In s u r a n c e (a v e r a g e co s t ) 19 , 0 0 0 19 , 9 5 0 20 , 9 4 8 21,995 23,095 104,987 ‐ Of f ‐Se t t i n g Re v e n u e s fr o m Pu b l i c Sa f e t y (2 0 , 7 6 7 ) (2 1 , 5 1 0 ) (2 2 , 2 8 1 ) (23,078) (23,904) (111,541) Ne t Co s t 46 , 6 1 3 48 , 3 9 2 50 , 2 4 3 52,169 54,173 251,589 FT E IN C R E A S E S Fa c i l i t i e s Ma i n t e n a n c e Ad m i n As s i s t a n t FT E In c r e a s e (f r o m 60 % to 80 % ) 17 ‐ 0. 2 0 FT E in c r e a s e , sa l a r y an d be n e f i t s 10 , 1 4 5 10 , 1 4 5 10 , 1 4 5 10,145 10,145 50,725 ‐ He a l t h In s u r a n c e (a v e r a g e co s t ) 19 , 0 0 0 19 , 0 0 0 19 , 0 0 0 19,000 19,000 95,000 Ne t Co s t 29 , 1 4 5 29 , 1 4 5 29 , 1 4 5 29,145 29,145 145,725 ME R I T IN C R E A S E S Ge n e r a l Fu n d In c r e a s e Ou t ‐Ye a r Pa y In c r e a s e Po o l fr o m 3% to 3. 5 % ‐ 71 , 3 6 9 14 6 , 2 1 7 226,035 310,709 754,330 Ge n e r a l Fu n d In c r e a s e Ou t ‐Ye a r Pa y In c r e a s e Po o l fr o m 3% to 4% ‐ 14 2 , 7 4 0 29 3 , 1 5 1 454,281 625,980 1,516,152 ON ‐GO I N G RE Q U E S T S Co u n t y Ma n a g e r s Te a m At t a ‐Pe r s o n Re c o g n i t i o n Pr o g r a m 33 6, 0 0 0 6, 0 0 0 6, 0 0 0 6,000 6,000 30,000 32 GE N E R A L FU N D BU Y ‐UP RE Q U E S T S ‐ NO T RE C O M M E N D E D De p a r t m e n t De s c r i p t i o n Pa g e 20 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 T o t a l 5 Year TE C H N O L O G Y RE Q U E S T Fa c i l i t i e s Sp a c e / M o v e So f t w a r e Pa c k a g e 43 ‐ So f t w a r e / T r a i n i n g / S e t u p / I n t e g r a t i o n 4, 0 0 0 ‐ ‐ ‐ ‐ 4,000 ‐ Ho s t i n g / S e r v i c e / F e e s / S u p p o r t 6, 3 0 0 6, 4 5 8 6, 6 0 0 6,751 6,907 33,015 Ne t Co s t 10 , 3 0 0 6, 4 5 8 6, 6 0 0 6,751 6,907 37,015 Fl e e t Up d a t e Fl e e t Co s t Ac c o u n t i n g So f t w a r e Sy s t e m s 45 ‐ So f t w a r e 35 , 0 0 0 ‐ ‐ ‐ ‐ 35,000 ‐ Tr a i n i n g , Im p l e m e n t a t i o n 55 , 0 0 0 ‐ ‐ ‐ ‐ 55,000 Ne t Co s t 90 , 0 0 0 ‐ ‐ ‐ ‐ 90,000 TO T A L NO T RE C O M M E N D E D 25 3 , 2 2 3 37 7 , 9 0 9 60 7 , 9 0 1 853,774 1,115,264 3,208,070 33 RE C O M M E N D E D OT H E R FU N D S BU Y ‐UP RE Q U E S T S De p a r t m e n t De s c r i p t i o n Pa g e 20 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 T o t a l 5 Year AI R P O R T Ai r p o r t Ai r c r a f t Re c o v e r y Eq u i p m e n t 26 1 2 0 , 0 0 0 ‐ ‐ ‐ ‐ 120,000 Ai r p o r t Ai r f i e l d Re ‐Co n f i g u r a t i o n En v i r o n m e n t a l As s e s s m e n t 27 ‐ Pr o j e c t Co s t 5, 0 0 0 , 0 0 0 ‐ ‐ ‐ ‐ 5,000,000 ‐ FA A Gr a n t (4 , 5 0 0 , 0 0 0 ) ‐ ‐ ‐ ‐ (4,500,000) ‐ CD O T Gr a n t (2 5 0 , 0 0 0 ) ‐ ‐ ‐ ‐ (250,000) Ne t Co s t 25 0 , 0 0 0 ‐ ‐ ‐ ‐ 250,000 Ai r p o r t AR F F Te m p Em p l o y e e Pr o g r a m 29 ‐ 2 Te m p ' s On ‐Ca l l Ai r c r a f t Re s c u e & Fi r e f i g h t i n g 37 , 5 0 0 38 , 7 1 9 39 , 9 7 7 41,276 42,618 200,090 ‐ Ov e r t i m e Re d u c t i o n (7 , 0 0 0 ) (7 , 2 2 8 ) (7 , 4 6 2 ) (7,705) (7,955) (37,350) Ne t Co s t 30 , 5 0 0 31 , 4 9 1 32 , 5 1 5 33,571 34,663 162,740 AI R P O R T TE C H N O L O G Y Ai r p o r t Up d a t e In t e r a c t i v e Em p l o y e e Tr a i n i n g Eq u i p m e n t 49 ‐ So f t w a r e / H a r d w a r e 70 , 0 0 0 ‐ ‐ ‐ ‐ 70,000 Ne t Co s t 70 , 0 0 0 ‐ ‐ ‐ ‐ 70,000 Ai r p o r t Le a s e an d Re v e n u e Ma n a g e m e n t Sy s t e m 51 ‐ So f t w a r e 25 , 0 0 0 ‐ ‐ ‐ ‐ 25,000 ‐ So f t w a r e Se r v i c e / F e e s / S u p p o r t 11 , 5 0 0 11 , 7 8 8 12 , 0 4 7 12,324 12,607 60,266 Ne t Co s t 36 , 5 0 0 11 , 7 8 8 12 , 0 4 7 12,324 12,607 85,266 Ai r p o r t Qu a n t u m Se c u r e ‐ SA F E 4. 8 Up g r a d e 53 ‐ So f t w a r e Up g r a d e 80 , 0 0 0 ‐ ‐ ‐ ‐ 80,000 Ne t Co s t 80 , 0 0 0 ‐ ‐ ‐ ‐ 80,000 AI R P O R T TO T A L 58 7 , 0 0 0 43 , 2 7 9 44 , 5 6 2 45,895 47,270 768,006 OP E N SP A C E Op e n Sp a c e Fi l o h a Me a d o w s Pr e s c r i b e d Bu r n 31 25 , 0 0 0 ‐ ‐ ‐ ‐ 25,000 OP E N SP A C E TO T A L 25 , 0 0 0 ‐ ‐ ‐ ‐ 25,000 34