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HomeMy WebLinkAboutPACKET Administrative Committee 1993-11-18ADMINISTRATIVE COMMITTEE November 18, 1993 2:00 p.m. -- Room 103 AGENDA 1. Review Proposed 1994 Enterprise Fund Budgets. A. Light and Power B. Water 2. Review Proposed Resolution Establishing Light and Power and Water funds to be Enterprise Funds. 3. Review Proposed Resolution Adopting an Expenditure Control Budget Policy. 4. Review Proposed 1994 Budget Highlights. 5. Recommend to Town Board Proposed 1994 Budget for Approval /fi on November 23, 1993. 6. Policy Agenda: 1993 - Quarterly Progress Report. FUND FUNCTION DIVISION ACTIVITY DESCRIPTION REVENUES INTERGOVERNMENTAL CHARGES FOR SRVCS. CURRENT REVENUE MISCELLANEOUS REV. TOTAL REVENUES TOWN OF ESTES PARK 1994 BUDGET ENTERPRISE FUNDS ENTERPRISE FUNDS ENTERPRISE FUNDS SUMMARY OF ACTIVITY FOR LIGHT & POWER AND WATER FUNDS 1992 1993 ACTUAL 0 6,825,880 233,753 191,027 7,250,660 EXPENDITURES SOURCE OF SUPPLY 3,233,988 PURIFICATION EXP. 164,677 DISTRIBUTION EXP. 800,086 CUSTOMER ACCOUNTS 350,235 ADMINISTRATION/GEN.1,128,700 OTHER CURRENT EXP. 0 DEBT SERVICE 226,947 CAPITAL 2,107,394 BUDGET 0 7,316,985 155,000 198,075 7,670,060 3,534,100 233,699 1,059,521 410,426 981,343 2,480 317,000 1,046,202 TOTAL EXPENDITURES 8,012,027 7,584,771 OTHER FINANCIAL SOURCES (USES) (559,080) (575,590) TOTAL INCREASE (DECREASE) IN RETAINED EARNINGS (1,320,447) (490,301) OTHER APPLICATIONS OF CASH 2,138,278 BEGINNING CASH BALANCE ENDING CASH BALANCE 635,934 3,413,287 3,472,442 4,231,118 3,618,075 1993 1994 BUDGET ESTIMATE REQUEST 40,335 7,443,205 150,000 122,410 7,755,950 3,235,105 227,526 1,236,089 462,851 912,826 0 316,740 1,016,218 7,407.355 0 7,336,765 155,000 141,933 7,633,698 3,378,150 273,220 1,148,510 457,811 1,089,237 76,445 316,100 695,940 7,435,413 1994 TOWN ADM. REVIEW 0 7,539,085 140,500 141,933 7,821,518' 3,378,150 275,185 1,158,850 450,261 1,005,681 0 316,100 688,940 7,273,167'X' (575,590) (5651743) (578,763) (226,995) (367,458) 635,934 0 4,231,118 4,640 4,640,057 4,272,599 3 (30,412) 0 4,640,057 4,609,645 FUND FUNCTION DIVISION ACTIVITY ACTIVITY The Light & Power Department is accounted for as an Enterprise Fund. The Light & Power Department provides electric service to approximately 7,300 customers in Estes Park and the surrounding area. TOWN OF ESTES PARK 1994 BUDGET LIGHT & POWER ENTERPRISE FUND LIGHT & POWER LIGHT & POWER PERSONNEL LEVELS 1 Director 1 1 Line Foreman 5 1 Meter Specialist Frmn. 3 3 Groundmen 1/2 1 1/3 Clerical Aide 2/5 2/5 Town Administrator 2/5 1/5 Const. Public Fac. Mgr. 2/5 2/3 Billing Collection Supr 1/3 Assistant Director Linemen Meter Specialists Secretary Town Clerk Finance Officer Asst. Administrator Accounts Payable Clerk 1/3 Accountant 1 Line Equipment Specialist 1 Storekeeper 1 Administrative Clerk 1 1/2 Data Input/Computer Operator 1 Acctg. Supervisor/Pers. Officer 2/5 Deputy Town Clerk CAPITAL OUTLAY 2,000 Building remodeling 5,000 4,500 Station equipment 2,000 2,000 Furniture/fixtures 2, 000 4,000 - Office equipment 22,000 1, 000 Plain paper fax 3,000 2,500 Microfilm viewer/copier (13) 30,000 500 Miscellaneous calculators 15,700 - Data processing equipment 1,200 PC software upgrades 45,000 2,500 Mainframe cabling 5, 000 Mainframe upgrades 5,000 HTE Fixed Asset module* 2,000 Mainframe/phone interface 40,000 30,000 Meters 80,000 Transformers 28,120 Communication equipment 25,000 PRPA SCADA communications 7 7, 000 (Phase II). 1, 000 Vehicle radio upgrade (2) 2,120 Municipal Building upgrade 5,000 - Laboratory equipment 4,500 Recording volt meter* 500 Miscellaneous equipment 2,500 * - Items to be returned to committee for further action 25,000 **- Items to be returned to committee for pre -authorization to bid. Cont'd. next page Shop equipment Stores equipment Tools Trucks (duty truck)* Other machinery/equipment Street lights 12,500 Stanley Historic Dist. 17,500 Unspecified projects Poles/towers/fixtures 16, 000 Hwy 34 rebuild 24,000 Unspecified projects 5,000 Terrance Lane upgrade Overhead lines 16, 000 Hwy 34 rebuild 19,000 Unspecified projects 5,000 Terrance Lane upgrade Undergound conductors 15 , 000 Hwy 7 circuit tie 20,000 Scott Ave. circuit tie 12,000 Riverwalk extension 10 , 000 Terrance Lane upgrade 20,000 Unspecified projects Customer service lines Land purchase (substation site)** 35 FUND FUNCTION DIVISION ACTIVITY DESCRIPTION REVENUES INTERGOVERNMENTAL CHARGES FOR SRVCS. CURRENT REVENUE MISCELLANEOUS REV. TOTAL REVENUES EXPENDITURES SOURCE OF SUPPLY DISTRIBUTION CUSTOMER ACCOUNTS ADMINISTRATION/GEN. OTHER EXPENDITURES CAPITAL TOWN OF ESTES PARK 1994 BUDGET LIGHT & POWER ENTERPRISE FUND LIGHT & POWER LIGHT & POWER CONT'D. 1992 ACTUAL 0 5,702,207 77,412 167,891 1993 BUDGET 0 5,954,385 70,000 190,000 5,947,510 6,214,385 3,153,185 592,721 282,310 783,428 0 589,569 3,450,000 801,522 335,479 648,390 2,480 482,622 TOTAL EXPENDITURES 5,401,213 5,720,493 OTHER FINANCIAL SOURCES (USES) TOTAL INCREASE (DECREASE) IN RETAINED EARNINGS OTHER APPLICATIONS OF CASH BEGINNING CASH BALANCE ENDING CASH BALANCE (545,275) (566,390) 1,022 38,152 (72,498) 0 2,159,593 1,810,209 2,198,767 1,737,711 1993 ESTIMATE 33,473 5,907,765 60,000 110,500 6,111,738 3,150,000 974,127 369,419 596,538 0 453,021 1994 BUDGET REQUEST 0 5,942,365 65,000 136,783 6,144,148 3,280,000 897,565 360,556 718,894 53,745 421,820 5,543,105 5,732,580 (566,390) (561,143) 2,243 0 (149,575) 0 1994 TOWN ADM. REVIEW 0 6,079,160 70,500 136,783 6,286,443 3,280,000 898,100 366,666 715,748 0 424,820 5,685,334 (574,163) 26,946 0 2,198,767' 2,201,010 2,201,010 2,201,010 2,051,435 2,227,956 36 TOWN OF ESTES PARK 1994 BUDGET FUND FUNCTION DIVISION ACTIVITY WATER ENTERPRISE FUND WATER WATER ACTIVITY Provide water service to residents of Estes Park and adjacent areas. The Water Department provides water service to approximately 3,3.60 customers in Estes Park and the surrounding area. BUDGET COMMENTS Water sales revenue is budgeted with a 5% rate increase based on the Financial Plan. PERSONNEL LEVELS 2/5 Public Works Director 3 Water Plant Operators 2/5 Data Proc/Comp Operator 1/7 Secretary 1/4 Town Administrator 1/4 Asst. Town Administrator 1/3 Accountant 1 Water Maintenance Supervisor 1/5 Town Clerk 1/5 Engineering Technician 1/3 Meter Specialist Foreman CAPITAL OUTLAY 17,300 - Station equipment 6,200 7,500 CL2 storage dock enclosure* 9,000 Chemical handling* 800 Flammable liquids locker Furniture/fixtures 15, 050 Chairs for shop Office equipment (1,500) Microfilm machine (3,000) (1/3) Data processing equipment Backflow prevention software Meters Communication equipment 4,200 SCADA interface unit 4,900 Spare repeater 2,200 Spare analog output device (MLWTP) 1,000 4,500 2,500 12,500 11,300 16,500 25,270 142,000 10,000 1 Water Superintendent 3 Municipal Service Worker 1/4 Finance Officer 4/5 Administrative Clerk 2/3 Meter Specialists 1/5 Deputy Town Clerk - Laboratory equipment 900 Microscope (MLWTP) 3,500 Spectaphotometer 1,800 In -line PH meter (MLWTP) - Shop equipment 7,000 Haz-mat equipment* 3,250 Gas detector 3,600 Bumper crane 1,200 Miscellaneous hand tools Purification equipment* Carbon feeder (MLWTP) Trucks* Replace truck #10 Water system** Water loop Customer service lines * - Items to be returned to committee for further action ** - Items to be returned to committee for pre -authorization to bid. Cont'd. Next Page 37 TOWN OF ESTES PARK 1994 BUDGET FUND FUNCTION DIVISION ACTIVITY DESCRIPTION REVENUES INTERGOVERNMENTAL CHARGES FOR SRVCS. CURRENT REVENUE MISCELLANEOUS REV. TOTAL REVENUES EXPENDITURES SOURCE OF SUPPLY PURIFICATION EXP. DISTRIBUTION EXP. CUSTOMER ACCOUNTS ADMINISTRATION/GEN. OTHER EXPENSES DEBT SERVICE CAPITAL WATER ENTERPRISE FUND WATER WATER CONT'D. 1992 ACTUAL 0 1,123,673 156,341 23,136 1993 BUDGET 0 1,362,600 85,000 8,075 1,303,150 1,455,675 1993 ESTIMATE 6,862 1,535,440 90,000 11,910 1,644,212 1994 BUDGET REQUEST 0 1,394,400 90,000 5,150 1,489,550 1994 TOWN ADM. BUDGET 0 1,459,925 70,000 5,150 1,535,075 80,803 84,100 85,105 98,150 98,150 164,677 233,699 227,526 273,220 275,185 207,365 257,999 261,962 250,945 260,750 67,925 74,947 93,432 97,255 83,595 345,272 332,953 316,288 370,343 289,933 0 0 0 22,700 0 226,947 317,000 316,740 316,100 316,100 1,517,825 563,580 563,197 274,120 264,120 TOTAL EXPENDITURES 2,610,814 1,864,278 OTHER FINANCIAL SOURCES/(USES) (13,805) (9,200) 1,864,250 1,702,833 (9,200) (4,600) TOTAL INCREASE (DECREASE) IN RETAINED EARNINGS (1,321,469) (417,803) (229,238) (217,883) OTHER APPLICATIONS OF CASH 2,100,126 BEGINNING CASH BALANCE ENDING CASH BALANCE 635,934 1,253,694 1,662,233 2,032,351 1,880,364 635,934 0 2,032,351 2,439,047 2,439,047 2,221,164 38 1,587,833 (4,600) (57,358) 0 2,439,047 2,381,689 r I Jr'J'»/� by David Broadwell, Staff Attorney CML survey reveals current trends in the implementation of the TABOR amendment (Reprinted from the September 17, 1993, CML Newsletter) During August, the Colorado Municipal League (CML) conducted a survey of its municipal members in order to identify current trends in the implementation of the TABOR Amendment. We received responses from 125 municipalities (approximately one-half of our membership) representing a good cross section of cities and towns from throughout the state. This article highlights some of the more notable issues and trends identified in the survey. Elections TABOR imposes a wide variety of new election requirements on municipalities. Approximately one- third of the survey respondents indicated that they indeed are expecting to conduct some sort of TABOR -related election in November 1993 or in 1994. Only 14 municipalities indicated that they are planning ballot questions on a new or increased tax in the conventional sense. (Many of these proposals would have required voter approval under former law anyway, regardless of the requirements of TABOR.) The majority of these are proposed sales tax increases. Only three respondents indicated that they are considering a mill levy increase, and in each case the property tax was proposed to be raised and earmarked for a particular new project. In spite of declining valuations in many parts of the state, none of our respondents indicated an intention to seek a mill levy increase as an offset. Twelve respondents said they are anticipating a vote on bonded indebtedness. Again, prior to the adoption of TABOR, many of these questions would have required voter approval anyway. No municipality indicated any intention to have a vote on any "multiple -fiscal year financial obligation" other than bonded indebtedness. Significantly, far more pervasive are ballot questions related to "revenue changes" which are unrelated to tax increases. Twenty-seven municipalities indicated that they are considering some sort of revenue and spending authorization due to projected excess revenue in 1993 or future years. This reflects, among other things, the heavy reliance of municipalities on sales taxes and the fact that there is currently strong sales tax growth in many municipalities. These types of ballot questions are uniquely related to TABOR and would not have been required under former law. These questions range from very specific authorization to receive and spend revenue from a particular state grant, to broad ongoing authorization to receive and spend revenues from a variety of sources in all future years. Finally, a handful of municipalities are considering invoking the "four year - -- delay in voting" option allowed under TABOR section 3(a). Enterprises Since "governmentowned businesses" or qualified "enterprises" are exempt from the applicability of TABOR altogether, municipalities have devoted substantial attention to identifying which of their activities may fit the definition. Our survey revealed that three out of four municipalities are identifying at least one of their activities to be an "enterprise" within the meaning of TABOR. Far and away, " - traditional utility functions were most commonly identified as likely candidates for enterprise designation. The leading types of enterprises identified in the survey, with the number of responses: Water (80) Sewer (70) Airports (6) Solid Waste (27) Cemeteries (3) Golf courses (8) Electric (13) Gas (2) Drainage Utilities (7) Parking (2) Other recreational facilities (7) Miscellaneous other (17) Surprisingly, a majority of the respondents indicated that they are merely recognizing their enterprises through administrative interpretation rather than through some formal action such as an ordinance or resolution. CML is recommending that municipalities take some formal action to create or recognize any enterprises which will be considered to be excluded from the municipality's fiscal year spending base. xcess revenue in 1993 TABOR strictly limits municipal revenue growth on a year-to-year basis in the absence of a voter -approved revenue change. Fifteen municipalities specifically indicated that they anticipate receiving revenue in 1993 which will exceed the amount they are permitted to keep and spend in relation to 1992. Other anecdotal evidence, however, suggests that this number may be low. A number of municipalities are experiencing double-digit sales tax revenue growth in 1993, while TABOR permits overall revenue to increase only by inflation (3.7%) plus a marginal amount which may be attributable to annual "local growth" in taxable real property. TABOR permits two options when faced with excess revenue: either refund the excess or obtain voter approval to keep it. All of the respondents indicated that they would attempt to seek voter approval first rather than proceeding directly to a refund. If voter approval is not forthcoming, all but one of the respondents said they would utilize a refund method in the form of a temporary tax credit or rate reduction (as specifically authorized in TABOR) or some other form of credit or in -kind service to their respective communities. Only one municipality PAGE 6 `;TATE-LOCAL CONNECTION RESOLUTION NO. WHEREAS, the Board of Trustees of the Town of Estes Park, Colorado, hereby finds, determines and declares that it is necessary and desirable to establish a light and power activity enterprise. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO. 1. The Board of Trustees of the Town of Estes Park hereby establishes the Town of Estes Park -Light and Power Enterprise Fund effective for fiscal year 1993 and thereafter until further action of the Board of Trustees. 2. The Light and Power Enterprise Fund is established for the purpdse of pursuing and continuing light and power activities of the Town, including acquisition of electrical power and energy, transmission and distribution of the same, and the construction, operation, repair and replacement of electric facilities. 3. The Board of Trustees of the Town of Estes Park shall be the governing body of the Light and Power Enterprise Fund. 4. The Light and Power Enterprise Fund shall be entitled to exercise all powers, authorities, rights and responsibilities which are exercisable by it in accordance with all applicable law. Dated this day of November, 1993. TOWN OF ESTES PARK Mayor ATTEST: Town Clerk RESOLUTION NO. WHEREAS, the Board of Trustees of the Town of Estes Park, Colorado, hereby finds, determines and declares that it is necessary and desirable to establish a water activity enterprise in accordance with Article 45.1 of Title 37, C.R.S.; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO. 1. The Board of Trustees of the Town of Estes Park, Colorado hereby establish the Town of Estes Park -Water Enterprise Fund for fiscal year 1993 and thereafter until further action of the Board of Trustees. 2. 'The Water Enterprise Fund is established for the purpose of pursuing and continuing water activities of the Town of Estes Park, including but not limited to, water acquisition and water projects, and the construction, operation, repair and replacement ot water facilities. 3. Pursuant to and in accordance with Article 45.1 of Title 37, C.R.S., the governing body of the Water Enterprise Fund shall be the Board of Trustees of the Town of Estes Park. 4. The Water Enterprise Fund shall be entitled to exercise all powers, authorities, rights and responsibilities which are exercisable by it in accordance with Article 45.1 of Title 37, C.R.S., and other applicable law. Dated this day ot November, 1993. TOWN OF ESTES PARK Mayor ATTEST: Town Clerk RESOLUTION WHEREAS, the Board of Trustees believes that the TABOR amendment, by basing next year's spending levels on past year's expenditures, encourages a "spend it or lose it" attitude; and WHEREAS, the Board of Trustees desires to adopt a method of budgeting which will give every employee an incentive to save money; and WHEREAS, the Board of Trustees believes in empowering its employees in accordance with the public entrepreneurial management spirit and the principles of "Reinventing Government"; and WHEREAS, the Board of Trustees seeks to create a predictable environment for budgeting, including simplifying the budget process and giving its managers autonomy to respond to changing circumstances. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO: The Board hereby adopts the following Expenditure Control Budget Policy: 1. OPERATING BUDGET: Generally, the operating budget (total expenditures minus capital expenses) for each department or division will be set each year at the past year's level plus an allowance for inflation and growth. This level assumes the same level and mix of services is maintained, and may be adjusted for extraordinary circumstances by the Town Administrator. 2. LINE ITEM EXPENDITURES: Within each department or division's operating budget, the department head will be empowered to move expenditures between line items as necessary to respond to changing circumstances without prior approval from administration. The department head shall be responsible for the appropriateness of the line item changes and for the total expenditures remaining within the appropriation level. 3". SAVINGS GENERATED: Any savings generated within a department or division's operating budget during a calendar year shall be shown at year-end as a reserve, and may be spent by the department/division in subsequent years for any purpose consistent with the department/division mission except for additional personnel. Such expenditures shall be identified in subsequent year's budgets for record -keeping purposes. 4. EFFECTIVE DATE: This policy shall be in full force and effective on January 1, 1994, and shall be in effect for the 1994 and 1995 budget years. The Board may review and amend the policy at any time. 1993. INTRODUCED, READ AND PASSED THIS DAY OF ATTEST By: TOWN OF ESTES PARK Mayor Town Clerk „ TOWN OF ESTES PARK Gary F. Klaphake Town Administrator Estes Park, Colorado 80517 November 15, 1993 TO: Honorable Mayor Dannels Board of Trustees FROM; Gary Klaphake Town Administrator RE: 1994 BUDGET HIGHLIGHTS I. General Operations A. General Fund Revenues: Total Revenues t5.4% Property Tax 3.079 mills (unchanged) Sales Tax t6% Use Tax Building Permits Business License Highway Trust Cigarette Tax Road and Bridge EPURA Transfer Light & Power Transfer Light & Power Franchise Fee Light & Power Lieu of Taxes $6,556,366 155,455 4,072,000 72,100 86,000 146,000 115,170 50,000 73,000 447,000 569,563 97,587 81,323 I I hone ( ;-5331 Town of Estes Park Estes Park, Colorado 80517 1994 Budget Highlights Expenses: -2- November 15, 1993 Total Expenses Administration Community Development Police Finance Public Works Fire EPURA Advertising Contingency (Phase II'1_Comp. Plan) Fire Hall Study Senior Center Sewer Overlay Street Cluster Boxes Arts Support Larimer County Human Development Trolley Housing P.a.C.K. Ending Fund Balance 13.9% 13.8% 115.3% 13.7% t4.6% 111% 125% t10% B. Special Events: Transfer (3-year average) 1994 Decision Model Detailed budget presented in January 1994 C. Conference Center: Transfer .(&2) D. Museum: Transfer E. Conservation Trust: Hike/Bike Maintenance F. Fleet Maintenance: Transfer G. Catastrophic Loss: Reserve H. Medical: Premiums Fund Balance I. Police Pension: Fund Balance PPO 13% $6,554,307 282,173 795,097 1,194,875 133,105 1,133,317 149,170 1,545,645 495,000 64,000 15,000 9,000 100,000 23,000 12,500 10,000 45,000 55,700 5,000 827,221 $ 235,000 $ 433,985 $ 85,115 $ 42,370 $ 14,825 $1,379,648 $ 388,933 $ 54,659 $ 27,104 Town of Estes Park Estes Park, Colorado 80517 1994 Budget Highlights J. Fire Pension: Fund Balance II. Joint Budget Committee -3- November 15, 1993 A. Stanley Historic District Road (Completion) EPURA funding B. Riverwalk (Naga to Mall) EPURA funding C. Stanley Historic District Open Space EPURA funding Public Works Committee Project D. Hike/Bike Path (Lake Estes) EPURA funding ToT. funding III. Enterprise Funds $65,000 $85,000 A. Light & Power Revenues: Total Expenses: Total Purchased Power Undergrounding Ending Fund Balance B. Water Revenue: Total 5% rate increase Fire hydrant fee from $94,400 to $50,000 Expenses: Total Debt Service Ending Fund Balance t2.8% t2.5% t4% $ 532,293 $ 50,000 $ 179,000 $ 100,000 $ 150,000 $6,286,443 $6,259,497 $3,280,000 $ 80,000 $2,227,956 16.6% $1,535,075 $1,592,433 $ 316,100 $2,381,689 Town of Estes Park Estes Park, Colorado 80517 1994 Budget Highlights IV. Other Issues -4- November 15, 1993 • Tabor Compliance • Electric and Water as Enterprise • Expenditure Control Policy • Full-time Payroll t3.50:2 70 $2,941,651 (2% Grades 1-10 others merit; no add to base above 90%) • Joint Budget Committee effort • E-911 and Police Dispatch Responsibilities • Marketing of Conference Center • Street Overlay Program • Water contribution to General Fund • Fire Department Facility Study • Open Space set -aside • Housing • Advertising • Special Events • Contingency: Mayor $0-$2,500 Board $2,500 and above V. Future Budget Considerations (unfinished business) Subject Committee Changes in Status of Joint Joint Budget Committee Budget Committee Recommendations Special Events Detail Budget Special Events Committee Water Rate Increase Public Works Committee A')M-r C_ O CY) CY) TOWN OF ESTES PARK TOWN BOARD GOALS POLICY AGENDA: 1993 KEY: Progress report November 18, 1993 0 % = No Activity 25% = Planning 50% = Design/Begin Implementation 75% = Partial Completion 100% = Completion 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% 1. Maximize use of the Conference Center. • Sign installed. • Presentations made to service clubs to encourage use. • Annual Report will show use levels. 2. Complete Comprehensive Plan. 10. Overhaul Zoning Ordinance. • Phase II underway. 3. Maintain strong financial position. • Investment Policy adopted April 26. • Balanced budget. • Strong fund balances maintained. 4. Plan/promote more Special Events. • Annual Meeting held March 3rd. • Special Events evaluations being conducted. 5. Encourage development of winter activities. 8. Assist shoulder season development. • Economic Study Group completed; report submitted to Community Development on March 4, 1993. 6. Update the Capital Improvement Plan. • On hold. 7. Update Stanley Park/Master Plan. • Title work proceeding. 9. Determine options for affordable housing. • Housing Authority created. • Development incentives to Housing Authority, January 1994. • Seasonal housing funded in 1994 budget. 11. Complete Windy Gap sale. • Debt service payments made. • Town payments completed. 12. Develop Park 'n Ride System. 14. Maximize downtown parking. • Park 'n Ride operated Summer 1993. • Transportation subcommittee recommendations adopted by Town Board. • 1994 Park 'n Ride funded in budget. 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% EggiMEMMEM 0% 25% 50% 75% 100% 0% 25% 50% 75% 100% o Cultural Arts program. 13. Encourage strong p g g • Goal completed. 15. Complete centralized mail delivery. • Preliminary Phase I locations established. • Neighborhood meetings held. • Construction Phase I Fall/Winter 1993. • Phase II budgeted for 1994. 16. Consolidation of EPURA with the Town. • Joint Budget Committee implemented Fall 1993. • Plan Amendment, EPURA review conso- lidation with Planning Commission First Quarter, 1994. 17. Consolidation ofthe EVRPD with the town. • Intergovernmental cooperation with financial services. Joint funding of Hike/Bike Trails 1994. the Estes Park and Upper Thompson 18. Merging PP P Sanitation Districts. • Goal completed.