HomeMy WebLinkAboutbocc.res.073.2005 A RESOLUTION OF THE BOARD OF
COUNTY COMMISSIONERS OF PITK1N COUNTY, COLORADO,
APPROVING THE 2005 BUDGET FOR THE 1/2 CENT TRANSIT SALES AND USE TAX
Resolution # dq$ -2005
RECITALS
1. The Aspen City Council, the Pitkin County Board of County Commissioners and the
Town Council of Snowmass Village (the "Parties") have previously identified general elements of their
Comprehensive Valley Transportation Plan (the "Plan") which are eligible for funding from the Pitkin
County one-half cent transit sales and use tax.
2. By intergovernmental agreement dated September 14, 1993, the Parties agreed:
a. to conduct regular public meetings to continue to ratine and agree upon proposed
projects and transportation elements consistent with or complimentary to the Plan; and
b. that all expenditures and projects to be funded from the County-wide one-half cent
transit sales and use tax shall be agreed upon by the Parties and evidenced by a resolution adopted
by the governing body of each party.
3. At a public meeting held on April 21, 2005, the Pitkin County Board and Snowmass
Village Council considered and approved the attached initial budget for the year 2005 for the Pitkin
County one-half cent transit sales and use tax.
4. The Aspen City Council approved the 2005 budget at its meeting on April 25, 2005.
5. The Brush Creek parking lot expansion budget was approved with the following
conditions: (1) to accept staffs recommendation for the combination untreated/grass and gravel surface;
(2) to accept Intrawest's offer to construct Phases I and II of the project up to the sub-grade (including
drainage but with reimbursement for the cost of Phase II piping), to construct the extension of the left-turn
lane on SH82, and to maintain the up-to-350-space lot for its construction workers for five years; (3) to
attempt thereby to reduce the EOTC's cost for the lot expansion by at least $668,000 as a contribution
from Intrawest; (4) to initially gravel only 200 spaces of the expanded lot, but to increase that from 200 up
to a maximum of 350 spaces upon request by Intrawest if the 200 spaces are consistently filled; and (5) to
return gravel-surface spaces to grass if they are not needed after the five year Intrawest construction
period.
6. The Parties agreed to commit $6.5 million to regional tranportation improvements in
Snowmass Village (including the interface of local to regional transit) in 2007 in the EOTC Multi-year
Plan (not the 2005 budget).
7. By adoption of this resolution the Board of County Commissioners wishes to ratify the
approval given at the April 21st meeting.
NOW THEREFORE BE IT RESOLVED by the Board of County Commissioners of Pitkin
County, Colorado, that the attached initial one-half cent transit sales and use tax budget for the year 2005
is hereby approved as summarized below:
Total Revenues (Sources) $4,786,000
Total Expenditures (Uses) $6,419,370
INTRODUCED, READ AND ADOPTED ON MAY 11, 2005.
ATTEST:
Je.' ~'tte Jones
D~ aty Clerk & Re
~rder
BOARD OF COUNTY COMMISSIONERS
OF PITKIN COUNTY, COLORADO
Patti Kay-Cla~pper, Cl~air
Date: OS-' ~ ~'--~'
MANAGER APPROVAL:
Hilary FiSher Smith, CoUnty Manager
RECOMMENDED FOR APPROVAL:
Tom Oken, Treasurer and CFO
2005 Budget
EOTC Transit Project Funding
a) Pitkin County 1/2% sales tax
b) Pitkin County 1/2% use tax
c) Investment income & misc.
d) Intrawest contribution
Preliminary Requested
2004 Actual 2005 Bud
3,203,296 3,299,000
489,725 500,000
256,000 319,000
668,000
Total Funding Soumes
3,949,021 4,786,000
1) Use tax collection costs
2) Project design, mgmt, & admin
3) Bus stop safety imprvs / cab ride in-lieu
4) X-Games transit subsidy
5) Garfield County regional traffic pattern study
6) Maroon Creek Bridge engineering
7) Brush Creek parking design
8) Brush Creek parking expansion-Phase I & II
9) Brush Creek Parking expansion - annual operating costs
10) Snowmass Village transit improvements
11) RFTA contribution (48.04% of 1/2% sales tax beginning 2001)
12) Increase RFTA contribution to 81.04% of the 1/2% sales tax
13) RFTAoperating shortfall
14) 4 hybrid-electric buses
15) Federal funding consultant
16) New Century Transportation Foundation
17) RFTA Efficiency Study
18) Sewer hookup for RFTA Aspen Bus Maintenance Facility
69,937 31,362
23,086 23,498
14,104 15,000
20,000 20,000
30,000
1,500,000
160,000 10,000
2,276,000
5,000
1,538,863 1,584,840
1,088,670
213,000
1,200,000
62,000
182,000
36,500
165,000
Total Uses 3,849,490 6,419,370
EOTC ANNUAL SURPLUS/(DEFICIT) 99,531 (1,633,370)
EOTC CUMULATIVE SURPLUS/(DEFICIT) 12,730,045 11,096,675
5/4~2005
05EOTC2 budget1 .xls
Memo
To: EOTC
From: Tom Oken, John Krueger
Date: April 14, 2005
Re: 2005 Budget Requests
The following letters/numbers refer to the line items on the attached 2005 Budget spreadsheet.
a) Sales tax - projected to increase by 3% in 2005 after a 9% increase in 2004
d) Intrawest contribution - Intrawest's contribution of at least $668,000 was calculated as the proportionate cost
for 350 spaces in the Brash Creek park-n-ride lot expansion. Including this line item in the budget makes
proceeding with the Brash Creek lot expansion contingent on a contribution at this level from Intrawest.
1) Use tax collection costs - A significant cost reduction is proposed for 2005 as a result of a new deposit-
method of tax collection that is less labor intensive.
2)
Project administration - This includes $1,000 for meeting support and $22,498 for financial administration
and insurance costs.
3) Bus stop safety improvements / cab ride in-lieu - $15,000 is requested to continue the Country Inn taxi
program in 2005
4) X-games transit subsidy - This was previously requested and approved through 2005.
7) Brush Creek parking design - $10,000 additional scope of work to accommodate the Holy Cross
transmission lines
8)
Brush Creek parking expansion - $2,251,000 for the combination untreated and gravel surface lot
expansion (phases I & II) plus $25,000 for addi2ional engineering to take the project from CDOT permit
stage to the notice-to-proceed stage.
9)
Brush Creek parking expansion-annual operating costs - The annual cost of operating the parking lot is
estimated to be $20,000 a year; however, only $5,000 is requested for 2005 due to completion of the lot
expansion late in the year.
12) Increased RFTA contribution - As approved at the November 2004 election.
14) 4 hybrid-electric buses - Approved in the 2004 budget, these buses will not be delivered until July 2005,
requiring a carryover to the 2005 budget.
18) Sewer hookup - RFTA's request for $165,000 to fund the sewer hookup for the Aspen Bus Maintenance
Facility was discussed at the November 2004 meeting.