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HomeMy WebLinkAboutbocc.res.145.2003 PITKIN COUNTY BOARD OF COUNTY COMMISSIONERS RESOLUTION ~i / ~ 2003 A RESOLUTION SUMMARIZING REVENUES ~ND EXPENDITURES FOR EACH FUND AND ADOPTING A BUDGET FOR PiTKiN COUNTY, COLORADO FOR THE CALENDAR YEAR 2004. 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 17, 2003, 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 4) On November 8, 1994 county voters agreed to permit: a) Pitkin County: "a revenue change......pursuant to Article X, Section 20 of the Colorado Constitution (commonly known as Amendment One), in an amount sufficient to allow Pitkin County to collect, retain, and spend its furl revenues from all sources (including grants) during 1994 and each subsequent year. This question does not create any new taxes or raise the rate of any existing tax." b) Pitkin County Library: "a revenue change.....pursuant to Article X, Section 20 of the Colorado Constitution (commonly known as Amendment One), in an amount sufficient to allow the Pitkin County Library to collect, retain, and spend its full revenues from all sources during 1993 and each subsequent years. This question does not create any new taxes or raise the rate of any existing tax." Therefore, county-wide and library budgets are no longer constrained by the Amendment One spending limit; and 5) State budget law requires that each local government annually provide both its current year's lease/purchase liability as well as total future liability for all its lease/purchase agreements as set forth in Exhibit A. 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: Page 1 IFUNDS 20O4 TOTAL REVENUES General Fund 13,461,599 Translator Fund 524,769 Road Capital Fund 284,111 Road & Bridge Fund 2,726,721 Social Services Fund 468,504 Human Services and Other Grants 981,130 Redstone Ranch Acres GID Fund 7,471 Aspen Ambulance District Fund 307,338 Aspen Library Endowment Fund 200,000 Aspen Library Fund 2,025,058 Conservation Trust Fund 57,411 Roaring Fork Transit Agency 9,936,719 Open Space & Trails Fund 7,166,155 Enhanced 911 Authority Fund 338,238 Transit Sales/Use Tax Fund 8,246,317 Transit Sales Tax Debt Fund 976,259 Twining Flats GID Fund 2,296 County General Obligation Fund 491,096 County Lease/Purchase Fund 0 Airport Fund 13,569,279 Solid Waste Center Fund 3,079,575 64,850,044 That estimated expenditures, transfers to other funds, follows: JFUNDS USE OF [ TRANSFER PRIOR YEARS' FRoM OTHER SURPLUS FUNDS 39,638 327,411 57,406 0 48,423 1,077,029 0 0 13 0 56,380 35,649 0 0 28,249 0 0 0 0 0 0 0 0 0 0 69,000 28,777 0 0 15,248 0 0 0 0 0 0 443,365 307,188 0 384,681 0 966,003 t,952,454 TOTAL 13,828,648 882,175 1,409,563 2,726,721 468,517 t,073,159 7,471 335,587 .200,000 2,025,058 57,411 9,936,719 7,235,155 367,013 8,246,317 991,507 2,296 491,096 443,365 13,876,467 3,464,256 67,768,501 and additions to surplus for each fund are as f 2004 I ADDITIONS TOTAL TO EXPENDITURES SURPLUS General Fund 13,024,383 359,455 Translator Fund 582,175 0 Road Capital Fund 1,409,563 0 Road & Bridge Fund 1,649,692 0 Social Services Fund 468,517 0 Human Services and Other Grants 1,073,159 0 Redstone Ranch Acres GID Fund 5,254 2,217 Aspen Ambulance District Fund 335,587 0 Aspen Library Endowment Fund 0 200,000 Aspen Library Fund 1,978,981 46,077 Conservation Trust Fund 0 0 Roaring Fork Transit Agency 9,936,719 0 Open Space & Trails Fund 3,690,684 3,544,471 Enhanced 911 Authority Fund 263,809 0 Transit Sales/Use Tax Fund 6,504,356 1,741,961 Transit Sales Tax Debt Fund 991,507 0 Twining Flats GID Fund 2,107 189 County General Obligation Fund 474,588 16,508 County Lease/Purchase Fund 443,365 0 Airport Fund 13,876,467 0 Solid Waste Center Fund 3,194,256 0 59,905,169 5,910,878 TRANSFER TO OTHER FUNDS TOTAL 444,810 13,828,648 0 582,175 0 1,409,563 1,077,029 2,726,721 0 468,517 0 1,073,159 0 7,471 0 335,587 0 200,000 0 2,025,058 57,411 57,411 0 9,936,719 0 7,235,155 103,204 367,013 0 8,246,317 0 991,507 0 2,296 0 491,096 0 443,365 0 13,876,467 270,000 3,464,256 1,952,454 67,768,501 Page 2 ,~ That EXHIBITA demonstrates Pitkin County's compliance with State of Colorado's lease/purchase liability reporting requirement. That the budget as submitted, amended and herein above summarized by fund, is hereby approved and adopted as the budget of Pitkin County for 2004. 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. Je~ De! Jty Clerk & Recorde~ APPROVED AS TO FOF~ INTRODUCED, FIRST READ, AND SET FOR PUBLIC HEARING AT THE REGULAR MEETING ON THE 9TH DAY OF DECEMBER, 2003. NOTICE OF PUBLIC HEARING PUBLISHED IN THE ASPEN TIMES ON THE 5TH DAY OF DECEMBER, 2003. APPROVED AND ADOPTED AFTER SECOND READING AND PUBLIC HEARING ON THE 17TH DAY OF DECEMBER, 2003. PUBLISHED AFTER ADoPTiON IN THE AsPEN TIMES ON THE 26TH DAY OF DECEMBER, 2003. i'ett-e J'o'n e s ' MANAGER APPROVAL: Cou~ey APPROVED AS TO CONTENT: Debe Nelson Finance Director g;~budget\2003\original~adoption\2003 budgetreso\adopt teso Hilar7 Fletc~/~r~Smith County Marker RECOMMENDED FOR APPROVAL: Tom Oken Administrative Services Director Page 3