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HomeMy WebLinkAboutPACKET Town Board Budget Study Session 2022-10-06TOWN BOARD 2023 BUDGET STUDY SESSION Thursday, October 6, 2022 Meeting #2: 1:00 p.m. to 5:00 p.m. In Person Meeting – Town Hall Board Room Presentation of the following funds/departments: 1.Events 2.Community Development – Planning 3. Community Development – Building Insp. 4.Public Works Overview 5.Facilities 6.Streets and Stormwater 7.Parks 8.Conservation Trust Fund* 9.Transit 10.Parking Services Fund* 11.Fleet Maintenance Fund* Break 12.Open Space Fund* 13. Engineering 14.Streets Improvement Fund* 15.Trails Expansion Fund 16.Power and Communications Fund* 17.Water Fund* 18.Budget Worksession Closing Summary *- Denotes Special Revenue or Internal Service Fund General Fund 2023 –Events 10101-1-5500 Revenue = $779,000 Transfers In (Out) = $0 Expenses = $2,676,228 Scope of Services Services include: Marketing and Sales of the Events Complex and other Town event facilities Maintain and coordinate the use of the Events Complex and other Town event facilities Plan and produce Town events (Wine & Chocolate, Big Foot Days, Wool Market, July 4th Fireworks, Rooftop Rodeo, Elk Fest, Rocky Mountain Craft Spirits Festival, Tree Lighting, Catch the Glow Parade) October 6, 2022 Decision Packages Included: Water Truck: $150,000 Event Center Acoustical Panels: $75,000 Other – Travel Stipends: $7,500 Revenue 0 50,000 100,000 150,000 200,000 250,000 300,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Admissions $246,700 Buildings/Event Venues 232,000 Sponsorhsip $85,000 Food Concessions $71,000 Commercial Vendors 57,300 Other $87,000 574,063 $603,600 $779,000 Total = $779,000 Expenses 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Operations & Maintenance 1,484,515 Personnel $1,191,713 Capital $0.00 1,795,301 $2,284,805 $2,676,228 Total = $2,676,228 Strategic Plan -Resourced Items funded: Exceptional Guest Services: Design and implementation of the Event Center reverberation project: 75,000 Items resourced within base budget: Exceptional Guest Services: Implement a plan to activate Bond Park events in different locations in Town to help spread the audience through the Town Explore broader event economic impact analysis for all events the Town produces and hosts. Public Safety, Health and Environment: Develop an environmental impact plan for Town produced events. Strategic Plan –Not Resourced Items not resourced: None General Fund 2023 –Planning 10101-1-1600 Revenue = $40,000 Transfers In (Out) = $0 Expenses = $901,164 Scope of Services Services provided for Estes Park include: Current planning (development review): Dev. Plans; Subdivisions; Special Reviews; Variances; etc. Zoning review of building-permit plans Long-range planning – creation, implementation, monitoring: Comprehensive Plan; Downtown Plan; Stanley Historic District Master Plan; etc. Staff support to Planning Commission, Bd. of Adjustment, various specific-purpose entities Administering the Town sign code Staff: 5.5 FTE (1 unfilled due to COVID-19) Decision Packages Development Code Rewrite One-Time Expense: $150,000 Community Development Office Remodel One-Time Expense: $220,000 Revenue 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Application Fees 40,000 General Occ. License 0 Other $0 122,915 $190,000 $40,000 Total = $40,000 Expenses 0 100,000 200,000 300,000 400,000 500,000 600,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Operations & Maintenance $360,936 Personnel $540,228 Capital $0 701,202 $1,066,398 $901,164 Total = $901,164 Strategic Plan -Resourced Items funded: Development Code Rewrite (Strategic Plan Initiative: Outstanding Community Services #6A, 6B) Community Development Office Remodel (Capacity Expansions, Infrastructure: #4) Items resourced within base budget: None Strategic Plan –Not Resourced Items not resourced: None General Fund 2023 –Building 10101-1-2300 Revenue = $564,000 Transfers In (Out) = $0 Expenses = $672,640 Scope of Services Services provided for Estes Park include: Building Safety - Promoting a safe built environment to minimize loss of life and injury, and reduce property damage and destruction Review construction plans; Conduct inspections at each construction stage; Maintain record of all past and present permits. Note: The Town contracts with SAFEBuilt Colorado to provide most building-safety related services, including most staffing, processing plans and permits, and inspections. The Town maintains oversight, administration, and enforcement roles. Some expenses remain Town obligations out of General Fund e.g., part of Director and Admin. Asst. personnel costs.) Decision Packages None Included for 2023 Revenue 0 100,000 200,000 300,000 400,000 500,000 600,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Building Fees 557,000 Life Safety Inspection 4,000 Other $3,000 514,160 $398,000 $564,000 Total = $564,000 Expenses 0 100,000 200,000 300,000 400,000 500,000 600,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Operations & Maintenance $599,115 Personnel $73,525 Capital $0 609,886 $649,997 $672,640 Total = $672,640 Strategic Plan -Resourced Items funded: None Items resourced within base budget: None Strategic Plan –Not Resourced Items not resourced: None 2023 Public Works Overview Revenue = $11,222,308 Transfers In (Out) = $0 Expenses = $20,867,624 Scope of Services Services include: Administrative direction for, and support of, the department’s three Divisions: Mobility Services, Facilities & Parks Services, Street & Stormwater Services. 28 Full Time Employees (5 positions currently vacant) 17 Seasonal Employees Decision Packages Included: Twenty-eight Decision Packages submitted by Public Works are resourced and will be described by the Division Managers. Public Works Revenue Open Space 476,000 5% 1A Trails 2,592,651 29% 1A Streets 2,845,123 32% Grants 3,070,625 34% Conservation Trust 34,100 0% 2023 INFRASTRUCTURE IMPROVEMENT REVENUE: 9,018,499 Fleet 850,300 50% Parking 838,875 50% PUBLIC WORKS 2023 ENTERPRISE REVENUE: 1,689,175 50% Engineering 0 0% Streets 367,106 73% Parks 25,000 5% Facilities 52,528 10% Transit 60,000 12% PUBLIC WORKS 2023 GF REVENUE: $504,634 Public Works Expenses Open Space 302,674 2% 1A Trails 3,133,717 25% 1A Streets 5,075,409 41% CRF Capital 3,926,876 31% Conservation Trust 64,000 1% 2023 INFRASTRUCTURE IMPROVEMENTS EXPENSES: $12,502,676 GRANT & LOCALLY FUNDED PROJECTS Fleet 855,131 51% Parking 811,215 49% PUBLIC WORKS 2023 PW ENTERPRISE EXPENSES: 1,666,346 Engineering 623,413 9% Facilities 1,786,957 27% Parks 1,544,801 23% Sts & Strmwtr 2,043,140 31% Transit 700,291 10% PUBLIC WORKS 2023 PW GF EXPENSES: $6,698,602 PW Grant Funded Projects 2022 GRANTS AWARDED for 2023 work ($3M) COMM. DR/US36 ROUNDABOUT-CMAQ: AWARDED: $710K COMM. DR/US36 ROUNDABOUT-CDOT: AWARDED: $550K FALL RIVER TRAIL MMOF: AWARDED: $1.4M BIG THOMPSON/FALL RIVER PLANNING – FEMA: AWARDED: $410K Strategic Plan -Resourced Items funded or resourced within base budget: To be discussed by Division Managers Strategic Plan –Not Resourced Items not resourced: To be discussed by Division Managers General Fund 2023 –Facilities 10101-1-1700 Revenue = $52,528 Transfers In (Out) = $0 Expenses = $1,786,957 Scope of Services Services include: Exterior and Interior Maintenance (97 Town-owned buildings and 9 other structures) Fire/Safety Prevention and Protection Utilities and Elevator Maintenance Cleaning Contracts ADA Compliance Measures/Monitoring Records Management (Maintenance, As-Builts, Warranties, Mechanical Equipment) 2 Employees PW Admin Employees (shared between multiple funds) Decision Packages Included: Employee Housing Reserve: $500,000 (Outstanding Community Services) Museum Roof/Wall Modification: $125,000 Infrastructure)(Fund 204) Land Purchase Options: $100,000 Infrastructure)(Fund 204) Design Town Hall Central Reception: $100,000 Infrastructure)(Fund 204) Revenue Total = $52,528$44,000 46,000 48,000 50,000 52,000 54,000 2020 Actual 2021 Revised 2022 Proposed 2022 Building Rent 52,528 47,408 $50,169 $52,528 Expenses 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Operations & Maintenance 1,046,465 Personnel $225,992 Capital $514,500 909,953 $1,173,074 $1,786,957 Total = $1,786,957 Strategic Plan -Resourced Items funded: Pursue purchase options on the top opportunity sites needed to implement the Facilities Master Plan recommendations: $100,000 (Infrastructure Objective 4.1)(See Fund 204) Employee Housing Reserve Contribution: $500,000 Outstanding Community Services Goal 1.A) Strategic Plan -Resourced Items resourced within base budget: Continue the process of moving the Police Department out of Town Hall (Infrastructure Objective 4.2) Develop and implement an annual budget contribution mechanism for facility expansion needs as identified in the Facilities Master Plan (Infrastructure Objective 4.B.1) Install Phase 2 Town Hall Variable Refrigerant Flow cooling units.(Infrastructure Objective 4.C.1) Complete the ADA Transition Plan (Outstanding Community Services, Objective 7.1) Implement Ph 3 of the Security Camera project to address the needs of the Event Center & parking (Public Safety, Health, and Environment Objective 2.B.1) Strategic Plan –Not Resourced Items not resourced: None General Fund 20233 ––Streets & Stormwaternd202 101 202 0101- 233StreetS2202 11-3100 & 101 eet 0101- s & Stseet 11-3175 Revenue = $367,106 Transfers In (Out) = $0 Expenses = $2,043,140 Scope of Services Services include: Responsible for 59 miles of roadway including snow removal, street sweeping, striping and street maintenance programs. Responsible for 100 miles of drainage ways including roadway ditches, culverts, inlets, and bridges. Replace and maintain permanent static & electronic signs and seasonal Park-n-Ride signs within Town limits. Install traffic control devices during special events. Clean parking lots and streetscapes 7 Employees (4 Streets, 3 Stor mwater) (1 shared between two funds) 1 Seasonal Employee PW Admin & Eng. Employees (shared between multiple funds) Decision Packages Included: Reclassify & Increase Paving Striping Contract: 85,000 (Transportation) Street Sweeper Lease Purchase: $44,768 Transportation)(Fund 204) Replace 2012 GMC 3500 4x4 Pickup: $46,000 Transportation)(Fund 635) Revenue 0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 2021 Actual 2022 Revised 2023 Proposed 2023 ROW Permits $0 Federal Grant $0 Operating Grant $0 Hwy User Trust Fund 277,106 Vehicle Registrations 30,000 Road & Bridge $60,000 Other $0 635,013 $370,604 $367,106 Total = $367,106 Expenses 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 2021 Actual 2022 Revised 2023 Proposed 2023 Operations & Maintenance 1,121,902 Personnel $921,238 Capital $0 1,334,997 $1,908,940 $2,043,140 Total = $2,043,140 Strategic Plan -Resourced Items funded: Pavement Striping reassigned back to General Fund Streets (ongoing): $85,000 (Outcome Area: Transportation) Items resourced within base budget: None Strategic Plan –Not Resourced Items not resourced: None General Fund 2023 –Parks 10101-1-5200 Revenue = $25,000 Transfers In (Out) = $0 Expenses = $1,544,801 Scope of Services Services include: Responsible for the maintenance, renovation and management of all Town-owned park land, open space and conservation easements Care for all landscaping of town-owned facilities Manage Noxious Weed Program for all Town-owned properties Assist in snow removal 5 Employees 16 Seasonal Employees 4 Administrative Employees (shared between multiple funds) Decision Packages Included: Bob ToolCat Trail Maint Equip: $70,000 Transportation)(Fund 204) Compost and Soil Screen: $25,000 (Exceptional Guest Services)(Fund 204) Second Green House: $240,000 (Outstanding Community Services Objective 5.1)(Fund 204) Walker Riding Mower: $21,000 (Exceptional Guest Services)(Fund 204) Replace 2010 Ford F450 4x2 Pickup: $70,000 Exceptional Guest Services)(Fund 635) Revenue 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 2021 Actual 2022 Revised 2023 Proposed 2023 Contributions and Donations $0 Mrs. Walsh's Garden Trust $25,000 Other $0 37,124 $31,712 $25,000 Total = $25,000 Expenses 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 2021 Actual 2022 Revised 2023 Proposed 2023 Operations & Maintenance $740,005 Personnel $804,796 Capital $0 995,866 $1,626,307 $1,544,801 Total = $1,544,801 Strategic Plan -Resourced Items funded: Expand the greenhouse footprint and production capacity to service expanding planting demands on public properties: $240,000 (Outstanding Community Services Objective 5.1)(Fund 204) Items resourced within base budget: In addition to the guides taking students from the schools climbing, encourage local schools to implement field trips for all ages to the Thumb Open Space for education opportunities on native vegetation and being good stewards of our environment. (Outcome area: Outstanding Community Services, Objective 5.2.) Strategic Plan –Not Resourced Items not resourced: Parks Master Plan: $150,000 (Outstanding Community Services Goal 5.A) 2023 Conservation Trust Fund 211 Revenue = $34,100 Transfers In (Out) = $0 Expenses = $64,000 Scope of Services Services include: Collecting and accounting for the Town’s share of the state lottery proceeds Restricted for acquiring, constructing and maintaining parks and open space facilities This fund is managed by the Facilities & Parks Division Revenue 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 2021 Actual 2022 Revised 2023 Proposed 2023 Lottery Proceeds 34,000 Interest $100 Other $0 33,086 $33,300 $34,100 Total = $34,100 Expenses 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 2021 Actual 2022 Revised 2023 Proposed 2023 Operations & Maintenance $24,000 Capital $40,000 102,966 $15,000 $64,000 Total = $64,000 Strategic Plan -Resourced Items funded: Parks Landscaping Replacement (one time): 40,000 (Outcome area: Outstanding Community Services, Objective 5.2.) Items resourced within base budget: None Items not resourced: None Strategic Plan –Not Resourced General Fund 2023 –Transit 10101-1-5600 Revenue = $60,000 Transfers In (Out) = $0 Expenses = $700,291 Scope of Services Services include: 143 days of Red Route service to match the paid parking season 73 days for Blue, Gold, Brown and Silver Routes 5 routes and 54 stops 11 special events (February – November) Federal and State grant management 2 FTEs (shared between multiple funds) 1 Seasonal (shared with RMNP) PW Admin Employees (shared between multiple funds) Decision Packages Included: 2043 Multimodal Transportation Plan: $300,000 Transportation)(Fund 204) Fleet Zero Emission Vehicle Transition Plan: $50,000 Transportation Objective 6.A.2) Revenue 0 200,000 400,000 600,000 800,000 1,000,000 2021 Actual 2022 Amended 2023 Proposed 2023 Sponsorships 25,000 Federal Grant 35,000 Other $0 109,496 $889,597 $60,000 Total = $60,000 Expenses 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 2021 Actual 2022 Revised 2023 Proposed 2023 Operations & Maintenance $503,703 Personnel $196,588 Capital $0 1,096,065 $1,320,006 $700,291 Total = $700,291 Strategic Plan -Resourced Items funded: Explore funding partnership opportunities for creation of a plan to convert the Town fleet to low or zero emission vehicles Transportation Objective 6.A.2) Items resourced within base budget: Utilize SB267 grant funds to design transit & parking improvements in the Visitor Center Parking Lot Transportation Objective 5.A.1) Complete a Multimodal Transportation Plan that includes the US34 Corridor Study (Transportation Objective 2.H.1)(Fund 204) Seek funding to complete Transit Development Plan to guide future transit operational and expansion decisions Transportation Objective 2.H.2). Strategic Plan –Not Resourced Items not resourced: Transit Development Plan: $80,000 (Transportation Goal 2.H) 2023 -Parking Fund 256 Revenue = $838,875 Transfers In (Out) = $0 Expenses = $811,215 Scope of Services Services include: Management of 2,174 public parking spaces across 20 parking areas, including enforcement, data collection, permitting and technology 143-day paid parking season Monitoring and maintenance of three dual-port Level 2 Electric Vehicle charging stations and four dual-port Level 3 DCFC charging stations Ongoing public engagement and active customer support 2 Employees (shared between mutiple funds) PW Admin Employees (shared between multiple funds) Decision Packages Included: None Revenue 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 2021 Actual 2022 Amended 2023 Proposed 2023 Parking Permits $24,000 Parking Tickets $39,000 Paid Parking Fees 775,125 Miscellaneous $750 929,474 $817,750 $838,875 Total = $838,875 Expenses 0 100,000 200,000 300,000 400,000 500,000 600,000 2021 Actual 2022 Revised 2023 Proposed 2023 Operations & Maintenance $570,775 Personnel $240,440 Capital $0 676,695 $805,114 $811,215 Total = $811,215 Strategic Plan -Resourced Items funded: None Items resourced within base budget: Assist the Town Board with determination of a guiding policy regarding the Town and private-sector roles in implementing the Electric Vehicle Infrastructure & Readiness Plan (Infrastructure Objective 3.B.1). Utilize SB267 grant funds to design transit & parking improvements in the Visitor Center Parking Lot Transportation Objective 5.A.1). Strategic Plan –Not Resourced Items not resourced: None Fleet Maintenance Fund 2023 612 Revenue = $850,300 Transfers In (Out) = $0 Expenses = $855,131 Scope of Services Services include: Led by a Master ASE Certified supervisor, the Fleet mechanics maintain and repair all Town-owned and Estes Valley Fire Protection District vehicles and equipment. The replacement value of our equipment asset is approximately $7 million. Assist with specifications of new vehicle and equipment purchases for Town departments. Manage and maintain maintenance records and a modest in-house inventory of repair parts. 5 Employees (1 Mechanic position vacant) PW Admin Employees (shared between multiple funds) Decision Packages Included: None Revenue 200,000 0 200,000 400,000 600,000 800,000 1,000,000 2021 Actual 2022 Amended 2023 Proposed 2023 Grants $0 Vehicle Labor, Overhead $848,300 Interest $2,000 619,770 $897,597 $850,300 Total = $850,300 Expenses 0 200,000 400,000 600,000 800,000 1,000,000 2021 Actual 2022 Revised 2023 Proposed 2023 Operations & Maintenance $115,129 Personnel $740,002 Capital $0 534,976 $1,570,400 $855,131 Total = $855,131 Strategic Plan -Resourced Items funded: None Items resourced within base budget: None Strategic Plan –Not Resourced Items not resourced: None 2023 –Larimer County Open Space 220 Revenue = $476,000 Transfers In (Out) = $0 Expenses = $302,674 Scope of Services Services include: In 1995, Larimer County voters approved a one- quarter of one percent sales tax increase to be used for trails and open space purchases. This fund accounts for the Town’s portion of the tax. Program management and administration for Trails and Grants Noxious weed and cheat grass maintenance Capital Projects – Planning, design, and Construction for parks improvements and trails improvements 1 Employee (shared between multiple funds) PW Admin Employee (shared between multiple funds) Decision Packages Included: Parks Landscaping Replacement: $68,900 Outstanding Community Services) Revenue 200,000 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Open Space 475,000 Grants $0 Interest $1,000 2,119,841 $968,501 $476,000 Total = $476,000 Expenses 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Operations & Maintenance $46,200 Personnel $37,574 Capital $218,900 958,840 $1,189,192 $302,674 Total = $302,674 Strategic Plan -Resourced Items funded: Parks Landscaping Replacement (one time): 68,900 (Outcome area: Outstanding Community Services, Objective 5.2.) Items resourced within base budget: No additions Strategic Plan –Not Resourced Items not resourced: No additions General Fund 2023 –Engineering 10101-1-2400 Revenue = $0 Transfers In (Out) = $0 Expenses = $623,413 Scope of Services Services include: Engineering support for traffic, trails, drainage, streets, and parks Program management and administration for Transportation Engineering, Transportation Planning, Development Review, Right of Way Management, Grant Management, and Floodplain Management Capital Projects – planning, design, and construction for road, sidewalk, and intersection reconstruction and drainage improvements 3 Employees (shared between multiple funds) PW Admin Employees (shared between multiple funds) Decision Packages Included: Downtown Wayfinding Ph 3 Pedestrian: $200,000 Transportation)(Fund 204) Wonderview Village Townhome Sidewalk: 120,000 (Transportation)(Fund 204) Revenue 0 100 200 300 400 500 600 700 800 900 2021 Actual 2022 Revised Est 2023 Proposed 2023 Floodplain Permits Grants 833 $0 $0 Total = $0 Expenses 0 100,000 200,000 300,000 400,000 500,000 600,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Operations & Maintenance $123,027 Personnel $500,386 Capital $0 354,343 $477,140 $623,413 Total = $623,413 Strategic Plan -Resourced Items funded: No additions Items resourced within base budget: Pursue grant funding for private and/or public flood mitigation projects and stormwater projects (Infrastructure, Objective 5.A.1) Develop a funding proposal to expand stormwater infrastructure and maintenance through a stormwater utility Infrastructure, Objective 5.B.1) Deliver technical support and public communication assistance for construction of the Downtown Estes Loop by FHWA Transportation, Objective 2.A.1) Complete the construction of the roundabout on US36 at Community Dr (Transportation, Objective 2.D.1)(Fund 204) Strategic Plan -Resourced Items resourced within base budget (continued): Establish a task force consisting of representatives from Public Works, TAB, RMNP, CDOT, and the FHWA to identify opportunities, challenges, and timing sensitivities for inclusion in a FLAP grant application in 2024 to fund the design, environmental clearance, public outreach, and construction of the Moraine Ave Multimodal Improvements and a roundabout at the intersection of Moraine Ave and Mary’s Lake Road (Outcome Area: Transportation, Objective 2.C.1) Strategic Plan –Not Resourced Items not resourced: No Additions 2023 –1A –Street Improvement Fund 260 Revenue = $2,845,123 Transfers In (Out) = $0 Expenses = $5,075,409 Scope of Services Services include: RAMP/FLAP reserve funds have been budgeted here for Downtown Estes Loop; fully expended in 2020 Program management and administration for Pavement Maintenance Capital Projects – Planning, design, and construction for annual pavement maintenance Pothole patcher truck operations Crush excess road material for re-use in-house Maintenance Contracts 3 Employees (shared between multiple funds) Decision Packages Included: STIP Major Street Rehab 2023-Cleave Street (one- time): $2,400,000 STIP Overlay Program 2023 (one-time): $600,000 STIP Parking Lot Rehab 2023 (one-time): $220,000 Reclass Pavement Striping Contract to GF: 55,000) Revenue 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Sales Tax $2,835,123 Interest $10,000 Capital Grants $0 2,514,677 $3,721,423 $2,845,123 Total = $2,845,123 Expenses 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Operations & Maintenance $533,660 Personnel $201,749 Capital $4,340,000 1,666,082 $2,672,656 $5,075,409 Total = $5,075409 Strategic Plan -Resourced Items funded: STIP Major Street Rehab 2023-Cleave Street (one- time): $2,400,000 (Transportation, Objective 1.A.1) Items resourced within base budget: No Additions Strategic Plan –Not Resourced Items not resourced: No Additions 2023 –1A –Trails Expansion Fund 244 Revenue = $2,592,651 Transfers In (Out) = $0 Expenses = $3,133,717 Scope of Services Services include: Program management and administration for Trails Expansion and Grants Capital Projects - Planning, Design, and Construction for Trails Expansion 1 Employee (shared between multiple funds) PW Admin Employee (shared between multiple funds) Decision Packages Included: Fall River Trail Extension 2023: $3,002,167 Transportation) Revenue 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 2,000,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Sales Tax $590,651 Grants $2,000,000 Interest $2,000 652,618 $2,555,491 $2,592,651 Total = $2,592,651 Expenses 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Operations & Maintenance $0 Personnel $131,550 Capital $3,002,167 256,068 $3,313,648 $3,133,717 Total = $3,133,717 Strategic Plan -Resourced Items funded: Complete the design (2023) & construction (2024) for the Fall River Trail Extension: $3,002,167 Transportation, Objective 7.B.1) Items resourced within base budget: No Additions Strategic Plan –Not Resourced Items not resourced: Complete the design (2023) and construction (2024) of the multiuse path on the west side of Community Drive between Manford Ave & US36: $682,634 Transportation Objective 7.B.1) Utilities 2023 3 –Utilities 20233 Power & Communicationss 50202- Revenue = $ 21,658,400 Transfers In (Out) =($ 1,354,934) Expenses = $ 21,414,212 Capital = $ 3,012,600 Scope of Services Services include: Delivering modern high speed internet service www.TrailblazerBroadband.com) Reading and replacing all electric and water meters Proving Energy efficiency programs ( EfficiencyWorks.org ) Proving Renewable energy options for customers Supplying Electric power to approximately 10,500 accounts, including service to Rocky Mountain National Park Maintaining over 300 miles of electric distribution Maintaining Trailblazer Broadband fiber optic lines Constructing new Power and Fiber infrastructure Decision Packages Included: ERP Accounting System Replacement: $350,000 Financial Health) Reduce P & C Transfer to GF: ($290,343) Financial Health) Expand P&C Shop – Design & Geo-Tech: $300,000 Infrastructure) Wildfire Mitigation – Replace Small #8 Lines: $350,000 Infrastructure) Beaver Point Circuit Rebuild: $170,000 Infrastructure) Automated Meter Reading Improvements: $150,000 Infrastructure) Revenue 0 5,000,000 10,000,000 15,000,000 20,000,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Service Charges, Electric 19,226,200 Service Charges, Trailblazer $2,251,200 Misc, $96,000 Investment Income, 85,000 20,719,715 $20,509,610 $21,658,400 Total = $21,658,400 Expenses 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Source of Supply, $8,168,860 Personnel $6,100,754 Power O&M, $3,898,07 Trailblazer OM, $618,774 Capital, $3,012,600 Debt Svc, $2,627,745 Transfer, $1,354,934 28,951,259 $31,829,954 $25,781,746 Total = $25,781,746 Strategic Plan -Resourced Items funded: ERP Accounting System Replacement: $350,000 (Financial Health) Reduce P & C Transfer to GF: ($290,343) Financial Health) Expand P&C Shop – Design & Geo-Tech: $300,000 Infrastructure) Wildfire Mitigation – Replace Small #8 Lines Infrastructure) Beaver Point Circuit Rebuild Infrastructure) Automated Meter Reading Improvements: $150,00 Infrastructure) Items resourced within base budget: 1.C.1 - Make funding and staffing plan for a capital construction projects crew. 3.A.1 - Review PRPA's transition plan to the 2030 noncarbon energy goal and provide constructive feedback that is reflective of the Town's philosophy. 3.A.2 - Begin implementing the recommendations of the Environmental Sustainability Task Force to support renewable energy and storage sources for use by the Town and by individual residents in concert with PRPA. 7.A.1 - Work with PRPA to develop an implementation plan to support our noncarbon goal. Strategic Plan –Not Resourced Items not resourced: None Utilities 2023 –Water 50303- Revenue = $ 6,483,360 Transfers In (Out) = ($ 141,875 ) Expenses = $ 6,187,230 Capital = $ 3,459,500 Scope of Services Services include: Management of water rights and augmentation plan accounting Treatment plant operations Regulatory compliance testing and reporting to meet Colorado Department of Public Health and Environment requirements Capital construction on our aging infrastructure Water quality monitoring throughout distribution system Laboratory support for other systems Decision Packages Included: ERP Accounting System Replacement: $187,500 Financial Health) Reclamation Neighborhood: $600,000 ($2.7M Total) Infrastructure) Carriage Hills Design: $500,000, (Infrastructure) Glacier Storage Tank Modifications: $1,500,000 Infrastructure) Marys WTP Pre-Treatment Design: $650,000 Infrastructure) Revenue 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 14,000,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Service Charges 6,468,360 Bonds/Loans $0 Grants $0 Misc $0 7,179,700 $26,974,272 $6,483,360 Total = $6,483,360 Expenses 0 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 2021 Actual 2022 Revised Est 2023 Proposed 2023 Operations & Maintenance $3,180,268 Personnel $ 3,148,837 Capital $ 3,459,500 4,949,517 $30,543,370 $9,788,605 Total = $9,788,605 Strategic Plan -Resourced Items funded: ERP Accounting System Replacement: $187,500 (Financial Health) Reclamation Neighborhood: $600,000 ($2.7M Total) Infrastructure) Carriage Hills Design: $500,000, (Infrastructure) Glacier Storage Tank Modifications: $1,500,000 (Infrastructure) Marys WTP Pre-Treatment Design: $650,000 (Infrastructure) Items resourced within base budget: 1.A.1 - Update the Water Master Plan 1.B.1 - Develop a Water Audits and Loss Control Program 1.C.1 - Make funding and staffing plan for a capital construction projects crew Strategic Plan –Not Resourced Items not resourced: None Budget –2023 Study Sessionn Closing Summary Town of Estes Park Fiscal Year Ended December 31, 2023 Budget Study Sessions Sept 29 and Oct 6, 2022 Duane Hudson Finance Director Updated 10/7/2022 2023 Budget Summary Ending fund balance of 26.5% for General Fund Salestaxprojectionsat1.1%increasefromthe 2022 estimate Several projects are expected to roll over from 2022 Fall River Trail Project Community Drive Intersection Second Electric Trolley Acquisition Numerous utility projects, including broadband construction Others 2023 Budget Summary Personnel Position Changes 3.0 FTE - new positions were included in the General Fund: 1.0 FTE – New Patrol Sergeant 1.0 FTE – New Emergency Services Dispatcher 1.0 FTE – New Grant Writer Position 2.0 FTE - new fixed term positions were included in the General Fund: 1.0 FTE – Fixed Term ERP Project Manager 1.0 FTE – Fixed Term ERP Staff Member Both ERP positions allocated between General Fund, P&C Fund, and Water Fund 2023 Budget Summary 12-31-2023 Ending Reserves Reserve General Fund Community Reinvestment Fund Parking Garage Maint.49,000 0 Childcare 100,000 0 Workforce Housing 485,000 0 Facility & Employee Housing 500,000 0 Capital 0 2,200,000 Other 126,361 0 25% Reserve- Policy 660 6,290,264 0 Projected total at 12-31-2023 7,550,625 2,200,000 2023 Budget Process PROCESS OVERVIEW – Coming Up: Sept 29 & Oct 6, 2022 – Town Board budget Study Sessions Oct 25, 2022 – Public hearing on proposed budget at Town Board Nov 8, 2022 - Public hearing and budget approval at Town Board meeting Dec 15, 2022 – Deadline to certify property tax levy to County Commissioners Jan 31, 2023 – Deadline to submit adopted budget to State Jan 2023 – Distribute bound budgets 2023 Budget Summary Any changes or questions?