HomeMy WebLinkAboutPACKET Town Board Study Session 2001-10-15I . TOWN BOARD 2002 BUDGET STUDY SESSIONS Cr915FitINVEoctoQer 4_Mgglb 3:30 p.m. - 5:30 p.m. Room #202 1. Presentationof General Fund. Thursday, October 18, 2001 3:30 p.m. - 5:30 p.m. 1. Presentation of Enterprise Fund and Other Funds.
1 .m//J/'//*i,1.0~AE~579 ~*2101%9»k C 61~03-Ov Town Estes Park 2002 / udget Work Session tober 15, 200~ 10/15/2001 Town of Estes Park 1 F. Previe< (Q,dERS@ • Pres¢nt General Fund, Special Revenue Funds (Con*nunity Reinvestment, Museum, Conference Center, t*nservation Trust, Special Events, Senior Center, anct~en Space), Park Entrance Estates, Catastrophic Log, Medical Insurance, and Fleet ~ Maintenance. 1 • Present budget assumptions and review Townfgard Goals. / 10/15/2001 Town of Estes Park \ 2 /. Town of Estes Park 2002 Budget 1
' 1 Budget ssumptions •2002 Adopted 2002 Proposed Changes • Sa Tax Revenue -1-4.5% • Gener xpenses +4-5% • Salary Incre e +5% +5.6% - 3.8% COLA, 1. 0 Merit • Medical Insurance +10% +17% 10/15/2001 Town of Estes Park 3 ' 055924 Gener®Fund €42BDIZy' . O<tendew of General Fund - B~nning and ending fund balance - Revenfs - ExpenditGNs • Personal S~ces • Operations & Mq~tenance • Capital • Transfers 10/15/2001 Town of Estes Park Town of Estes Park 2002 Budget 2
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Town Boa Goals for 2002 •2002 Adopted 2002 Proposed Changes • Housing $270,190 $289,240 - S nley Avenue 12,500 - Housing Authority • 25 water taps 36,750 • sewer taps 37,500 • Pre velopment 21,000 • HACOL taff 62,440 81,490 • Habitat Ho #6 10,000 • Land acquisition 90,000 • Public Information Program 15,600 ~ ititY* Mi219 10/15/2001 Town of Estes Park Town Boa Goals ~~1 •2002 Adopted 2002 Proposed Changes • Trustee Outre h $12,800 - Volu eer Recognition 8500 me ings - Comm ity & neighborhood 1100 meetings - Ourfest 3200 · Competitive Compens ion Policy - Adopted 2000 • Events Center/Ice Rink - Construction If~y 10/15/2001 Town of Estes Park 6 Town of Estes Park 2002 Budget 3
Town Bo d Goals • Ur n Renewal Authority - We Elkhorn Riverwalk - Tallant ark - Transporta n Study - Performance P k Preliminary Design - Weist Parking Pre inary Feasibility Study / 10/15/2001 Town of Estes Park 7 2420'- Proposed E oyee Changes 1 •2002 Adopted 2002 Proposed Changes Administr 'on - Executive - 1/4 Human Resources Assistant $12,201 • Protective nspection - Additional uilding Inspector 45,000 base • Conference Cente - Events Center Mana r 60,000 base 10/15/2001 Town of Estes Park 8 Town of Estes Park 2002 Budget 4
Community evelopment Department ~1 •2002 Adopted 2002 Proposed Changes • Update Tr ' s Plan 0 $5000 - • Knoll roperties Master Plan O 30,000 / ¥ 1 10/15/2001 \ / Town of Estes Park p,OR#, , General Gove ment Buildings Departmen •2002 Adopted 2002 Proposed Changes • Fish Ha ery Repair/Paint 0 $20,000 10/15/2001 \ r~ / Town of Estes Park Town of Estes Park 2002 Budget 5
Community S vices Funding 1 •2002 Adopted 2002 Proposed Chances • Library $27,600 • Arts & Ed ation 8000 $9000 - - Vill e Band 1500 - Jazz Bi and 1500 - Chamber ic Fest 1500 - Music Festival 2500 - CACEP Arts Reach 1000 - Oratorio Society 0 1000 / 10/15/2001 Town of Estes Park 11 Community ervices Funding 1 •2002 Adopted 2002 Proposed Changes • Youth $18,000 - Art Cente AIR 2500 - PaC 5000 - Krea -ve Kids 5000 - Kidpowe 2500 - Partners Tut ng 3000 • Human Services - Crossroads 21,000 - Salud 16,500 $18,500 • Housing 270,190 289,240 ~ • Transportation 1,700 16,700/ - Three days per week, increasing to four ays per week 10/15/2001 Town of Estes Park 12 Town of Estes Park 2002 Budget 6 »liA
Community ervices Funding ~\ •2002 Adopted 2002 Proposed Changes • Food Tax ref d $23,000 $21,000 • Park Sc 01 District 0 5000 - EPH tadium project Total Communi Services $397,240 $427,290 0 10/15/2001 Town of Estes Park Advertising epartment •2002 Adopted 2002 Proposed Changes • Professio 1 Services 6358 6087 - nversion studies/program analysis • Adve ' ing media purchases 528,601 · Events pro otion PR 50,348 • VIS Guide Mai 38,925 • 800# phone answerin 68,666 • Total Advertising $846.230 $848.523 ~ 10/15/2001 Town of Estes Park 14 Town of Estes Park 2002 Budget 7
Police Depa ent •2002 Adopted 2002 Proposed C • Police - replac atrol car $28,500 10/15/2001 Town of Estes Park 15 4211"1 Fire Depart nt i •2002 Adopted 2002 Proposed 1 • Fire - Delete quad 8 rebuild in 2001 (-60,000) - - Del e new Dive Truck in 2002 (-30,000) - Add To n share of $225,000 Squad Truck in 2002: $125,000 - Ne increase of above changes $35,000 10/15/2001 \ r / Town of Estes Park NLIERAN' Town of Estes Park 2002 Budget 8
Engineering epartment •2002 Adopted 2002 Proposed Cham • Engineer g - replace computer 0 3500 10/15/2001 Town of Estes Park Streets Depaytinent 1 •2002 Adopted 2002 Proposed C • Streets ~ - L*der, year one of four 27,800 - Replachthree plows 34,200 - Flatbed SwhRtader 8000 - Parking lot aide*d equipment 10,000 / 10/15/2001 Town of Estes Park 18 Town of Estes Park 2002 Budget 9
/ 1 Commun)R einvestment Fund • Community Reinvestment \ 10/15/2001 Town of Estes Park 86"'59 Museum Fund~ •2002 Adopted 2002 Proposed Change · Fourth St et - Res 'n building & shed $5160 - Conserv James portraits (if funded) 5000 • Fall River Hydro - Opens Spring 2002 - Opening Reception 6215 $4215 - Furniture · Outdoor benches, picnic table · bookcase, brochure racks 4600 10/15/2001 Town of Estes Park 20 \~4£111697 Town of Estes Park 2002 Budget 10
1 1 1 1 1 1 COMMUNITY REINVESTMENT FUND CASH FLOW 1999 2000 2001 2001 2002 2002 ACTUAL ACTUAL BUDGET EST ORIG BUDGETNEW BUDGET FUND BALANCE 1/1 290,884 863,262 1,487,357 1,614,462 1,758,167 907,431 REVENUE Federal Grant - - 157,000 - 167,000 968,000 Interest Earnings 4,706 24,641 5,500 5,500 8,000 8,000 COP Proceeds - - 6,125,000 Lease Payment 211,798 EPURA Transfers 711,844 1,083,856 1,797,180 1,797,180 1,886,320 1,886,320 TOTAL REVENUES 716,550 1,108,497 1,959,680 1,802,680 2,061,320 9,199,118 EXPENDITURES Engineering - 30,000 32,245 - - Designing - 30,000 33,500 - 75,000 Lease 138,019 121,995 381,870 381,870 411,740 411,740 Capital - Land - 175,426 - - Capital - Buildings 3,890 - - - 6,124,793 Capital - Building Remodel - - 355,000 1,153,810 530,000 60,000 Capital - Comm Equipment - - - 115,000 125,000 10,000 Capital - Streets - 425,000 380,000 450,000 545,000 Capital - Walk/Bike Paths - 235,302 467,000 237,860 267,000 1,339,000 Debt Service 2,263 - - 392,219 TOTAL EXPENDITURES 144,172 357,297 1,688,870 2,509,711 1,783,740 8,957,752 FUND BALANCE 12/31 863,262 1,614,462 1,758,167 907,431 2,035,747 1,148,797
COMMUNITY REINVESTMENT FUND 2001 E UDGET & ESTIMATE FOOTNOTES $ BUDGET ESTIMATE Engineering SH7/Stanley Intersection Design CM 15,000 12,845 Riverside Drive Retaining Wall 15,000 15,000 US 36 Gateway Sign design/const mgmt 4,400 TOTAL ENGINEERING 30,000 32,245 Designing Events Center Design 30,000 33,500 Lease SHD Lot 4(yr 3 of 8.5) 116,870 116,870 Conf Center (Yr 8 of 15) 265,000 265,000 TOTAL LEASES 381,870 381,870 Capital - Land - 179 Stanley Circle 175,426 Capital - Buildings Capital - Building Remodel Room 203 Kitchen 35,000 35,000 Muni A/C & Design 145,000 Muni & PD A/C & Design 170,000 Muni Elevator 45,000 45,000 Town Bd Room Design 35,000 Prelim (22,670) & Final Design (46,210) 68,880 PD NC 25,000 Dispatch Remodel 70,000 Remodel & Muni Alarms 80,000 Town Board Room Construction 697,430 Police Squad Room remodel design/construction 57,500 TOTAL REMODEL 355,000 1,153,810 Capital - Comm Equipment - Replace Dispatch Radio Console (from 2002) 115,000 Capital - Streets - SH 7/Stanley Intersection 125,000 63,000 Street Improvement Program 300,000 300,000 US 36 Gateway Sign Const.(Rotary 11,400 TEP 17,000 TOTAL STREETS 425,000 5,600) 380,000 Capital - Walk/Bike Paths Fish Creek Trail I (157K CDOT, 250K TEP) 407,000 Underpass/Trail Prelim Design 12,800 Underpass/Trail Final Design 68,130 Fish Creek Intersection Prelim Design 12,930 Fish Creek Intersection Design/CM 84,000 Stanley Ave Sidewalk 60,000 Stanley Avenue Sidewalk 60,000 TOTAL WALK/BIKE PATHS 467,000 237,860 Debt Service - GRAND TOTAL 1,688,870 2,509,711
COMMUNITY REINVESTMENT FUND 2002 ORIG & NEW BUDGET FOOTNOTES ORIGINAL BUDGET $ NEW BUDGET $ Engineering TOTAL ENGINEERING - - Designing - Performing Arts Prelim Design/Analysis 75,000 Lease SHD Lot 4(yr 4 of 8.5) 111,740 111,740 Conf Center (Yr 9 of 15) 300,000 300,000 TOTAL LEASES 411,740 411,740 Capital - Land - - Capital - Buildings - Events Center/Ice Rink 6,124,793 Capital - Building Remodel Muni Sprinkler Waterline 50,000 Public Restrooms vent system 2 @ 5,000 10,000 Muni Alarm/sprinkler 150,000 Town Board Room Landscape/Computers 50,000 Town Board Room 330,000 TOTAL REMODEL 530,000 TOTAL REMODEL 60,000 Capital - Comm Equipment Replace Dispatch radio console 115,000 Additional Radio console 10,000 10,000 TOTAL COMM EQUIPMENT 125,000 10,000 Capital - Streets Riverside Drive Retaining Wall 150,000 150,000 Street Improvement Program 300,000 300,000 Gateway entrance signs 20,000 Prospect/Stanley Hospital Road 75,000 TOTAL STREETS 450,000 545,000 Capital - Walk/Bike Paths Fish Creek Trail Il (167K CDOT, 50K TEP) 217,000 Underpass construction management 37,000 Underpass construction 460,000 Underpass trail const. Mgmt. 17,000 Underpass trail construction 215,000 Fishcreek Intersection construction 560,000 Stanley Ave Sidewalk 50,000 Stanley Ave Sidewalk Phasell 50,000 TOTAL WALK/BIKE PATHS 267,000 TOTAL WALK/BIKE PATHS 1,339,000 , Debt Service I nterest only 392,219 GRAND TOTAL 1,783,740 8,957,752 NOTE: Fish Creek Trail Phase I & Il TOTAL '01 & '02 624,000 Underpass 577,930 LESS CDOT Match 324,000 Fish Creek Trail 232,000 Net Town cost 300,000 Fish Creek Intersection 656,930 TOTAL COST 1,466,860 LESS CDOT Grant 968,000 Net Town Cost 498,860
Museum Fund FYE00 FYEOI FYE02 2 Projected Beginning Fund Balance $ 30,516 5 21,802 $ 0 Projected Fund Revenues 55,744 52,016 71,002 Personal Services 106,293 131,774 149,557 Operations & Maintenance 47,112 110,656 97,451 Capital 2,526 29,412 - Operations Gain (Loss) (100,187) (219,826) (176,006) Subsidies Transfers (internal) 91,463 198,024 176,006 Transfers (external) Museum Fund Gain (Loss) (8,724) (21,802) (0) Projected Ending Fund Balance $ 21,802 $ 0$ 0
Conference (24ter Fund ~~x •2002 Adopted 2002 Proposed Changes • Events enter Manager 0 $60,000 base salary 10/15/2001 Town of Estes Park LOR69 Conservatio rust Fund ~~~ •2002 Adopted 2002 Proposed Changes • SCAD hase III $25,000 10/15/2001 Town of Estes Park laa>~v Town of Estes Park 2002 Budget 11
Conference Center Fund FYE00 FYE01 FYE02 21 Projected Beginning Fund Balance $ 90,031 5 134,085 $ (0) Projected Fund Revenues 27,416 17,400 19,263 Personal Services 127,284 134,451 223,365 Operations & Maintenance 405,219 145,717 68,276 Capital 7,295 - - Operations Gain (Loss) (512,382) (262,767) (272,378) Subsidies Transfers (internal) 556,435 128,682 272,378 Transfers (external) Conference Center Fund Gain (Loss) 44,053 (134,085) 0 Projected Ending Fund Balance $ 134,085 $ (07 $ (0)
Special Event#~und •2002 Adopted 2002 Proposed Changes • Summer Ro o Series 0 $36,000 - ($79, 0 expense, $43,000 revenue) • Announ r's Stand 0 20,000 • Cycling Cha nge Donation 5000 • Riverside Plaza e ertainment $12,000 • Christmas Parade 25,000 · Arena lights & poles 8000 • Stall mats 6000 • Grandstand chairs 6000 • Fence rail 00 10/15/2001 Town of Estes Park Senior Center pund •2002 Adopted 2002 Proposed Changes • Restain uilding $7000 • Irrigatio 15,000 10/15/2001 . I. Town of Estes Park Town of Estes Park 2002 Budget 12
Special Events Fund FYE00 FYEOI FYE02 Projected Beginning Fund Balance $ 181,741 $ < 204,842 $ 0 Projected Fund Revenues 406,926 422,852 472,000 Personal Services 218,031 > . 251,723 271,730 Operations & Maintenance 384,470 426,304 450,045 Capital 41,110 85,010 46,600 Operations Gain (Loss) (236,685) (340,185) (296,375) Subsidies Transfers (internal) 259,785 135,343 296,375 Transfers (external) Special Events Fund Gain (Loss) 23,100 (204,842) 0 Projected Ending Fund Balance $ 204,842 $ 0$ 0
i --95- -rl,F~rrv -rv-'Tiv--'- ~ Senior Citizens Fund FYE00 FYE01 FYE02 1 Projected Beginning Fund Balance 5 4,216 5 8,974 $ (0) Projected Fund Revenues 77,023 84,172 91,851 Personal Services 92,680 117,781 113,031 Operations & Maintenance 45,025 57,027 81,147 Capital Operations Gain (Loss) (60,682) (90,636) (102,327) Subsidies Transfers (internal) 65,440 81,662 102,327 Transfers (external) Senior Citizens Fund Gain (Loss) 4,758 (8,974) (0) Projected Ending Fund Balance $ :: : 8,974 $~J (0) $ (0)
Larimer Cou y Open Lands Fund •2002 Adopted 2002 Proposed Changes • Lots 1 3, Stanley Addition $100,000 $119,230 • Trails 150,000 10/15/2001 Town of Estes Park Park Entranc Estates SID Fund •2002 Adopted 2002 Proposed Changes • Draina improvements 0 $1000 • Bond pa ent $11,797 10/15/2001 ., / Town of Estes Park Town of Estes Park 2002 Budget 13
Medical Ins ance Fund ~\ •2002 Adopted 2002 Proposed Changes • Benefit ayments $278,180 10/15/2001 Town of Estes Park 121169 Fleet Maintenance Fund ~~\ • Equiplpent Replacement Fund comparison Town of Estes Park 10/15/2001 28 Town of Estes Park 2002 Budget 14
"-~-~*___ *__v7rri-- 1~-r- 7"=---TJ~ Fleet Maintenance Fund FYE00 FYE01 FYE02 Projected Beginning Fund Balance $ 151,151 5 164,817 $ 175,177 Projected Fund Revenues 225,989 203,000 205,500 Personal Services 162,084 162,339 196,626 Operations & Maintenance 21.752 35,627 37,823 Capital . h 23,362 5,800 - Operations Gain (Loss) 18,791 (766) (28,949; Depreciation 11,126 11,126 11,126 Fleet Maintenance Fund Gain (Loss) 7,665 10,360 (17,823) Projected Ending Fund Balance $ 164,817 $ 175,177 $ 157,354
Fire Pension und ~~1 •2002 Adopted 2002 Proposed Changes • Benefit ayments - Two dditional $94,350 10/15/2001 Town of Estes Park Police Pensi Fund ~~~~ •2002 Adopted 2002 Proposed Changes • Benefit ayments $2566 10/15/2001 Town of Estes Park faQgeS# Town of Estes Park 2002 Budget 15
V. -91 .1, . - . I ty .... 1 . . . - t .5. I 'i.-: ' 2< i f . &4*t *'· ·b•'•24"r. ... . 44 . 9- T I + Town of Estes Park 2002 Budget 16