HomeMy WebLinkAboutPACKET Town Board 2002-11-05r., TOWN BOARD 2003/2004 BUDGET MEETINGS Wednesday, October 30,2002 7:00 p.m. - 10:00 p.m. Town Board Room 1. Presentati of GENERAL FUND d RELATED FUNDS: Tab 1 A. Gener und CO unity Reinvestment Tab 2 C. eum D. Con nce Center Conserva n Trust Special Even G. Senior Center Ta H. Open Space 1. Park Entrance Estates J. Catastrophic Loss Tab 4 K. Medical Insurance L. Fleet Maintenance M. Vehicle Replacement Fund Tuesday, November 5,2002 7:00 p.m. - 10:00 p.m. Town Board Room 1. Presentation of ENTERPRISE FUND: Tab 1 Light & Power Fund Tab 2 Water Fund Tab 3 Budget Changes/Considerations.
Town of Estes Park 2003-2004 Budget Light & Power Fund Enterprise Fund Purpose: Provides electric service to residents of Estes park and adjacent areas. The Light & Power Department provides service to more than 9,300 customers in Estes Park and the surrounding area. PerNonnel Levels 1.0 Director 0.50 Part-time Secretary 1.0 Line Superintendent 0.40 Finance Officer 1.0 Assistant to Director 1.00 Assistant Finance Officer 1.0 Crew Chief 0.33 Accountant II 7.0 Lineman 1.50 Accts. Payable/Utility Billing Spec. 1.0 Groundman 1.3 Administrative Clerk H 1.00 Material Mgmt. Specialist 0.4 Town Administrator 1.00 Line Equipment Specialist 0.40 Assistant Town Administrator 1.0 Meter Specialist Foreman 0.40 Town Clerk 2.0 Meter Specialists 0.40 Deputy Town Clerk 1.0 Meter Reader 0.2 Construction/Facilities Manager 0.5 Secretary 0.50 GIS Specialist 033 Microcomputer Support Specialist (Proposed new position) The L&P Department has an authorized stajfing level of 20 FTE employees. Budget Comments 2003 2004 Revenue Assumes consumption increase of 3.2% each year and rate increa*es.of5.7% in 2003 and 5.1% in 2004 (rate increase will yield approx. $450IO~~:year)~~,~~ ad-ZO + i Source of Supply Assumes rate increase from PRPA of 4.0% (in 2004) Wind Power 12,000 12,000 Administration Calibration of test boards 3,000 3,000 Tree trimming contract ~glftPm $165~92 - Building/Facility maintenance 25,000 Garage exhaust system* 18,000 Chip Seal Parking Lot 615 Elm* 15,000 Pave Parking Lot 640 Elm* 11,000 Christmas Decoration Contract & Supplies 57,750 60,650 Repair Buell Porter Scenes \ 02 4 10,000 10,000 f/.'f' *items to be returned to committee forfurther discussion and action **items to be returned to committee for authorization to release call for bids ***computer hardware/sofhvare purchases to be reviewed by computer technical committee L&P Fund Detail Pg 1 of 3
Town of Estes Park 2003-2004 Budget Light & Power Fund Enterprise Fund Light and Power continued... Budget Comments 2003 2004 Administration (continued) Meter Software 2,000 2,000 Software & Licenses 7,500 7,500 Replace PC** 3,500 7,000 New Laptop (Line)** 3,800 Replace Meter Laptop** 3,800 Replace Engineering Color Printer 3,000 Communication equipment Mobile radios (3/year) 3,600 3,600 Portable radios (3/year) 2,325 2,325 Vehicle chargers (3/year) 1,155 1,155 Capital Fail River Picnic Shelter 7,500 AS400 Upgrades*** - 40,000 Web Server*** 25,000 Network Server*** 17,500 17,500 Network Equipment (Cables, Routers, Switches)*** 25,000 25,000 Single phase RF ERT replacements (400) 32,000 35,000 Single phase RF ERT new (352) 28,100 30,976 KW/TOU meters (192) 72,000 76,800 j,4- 1-VAL Specialty meters 5,000 5,000 CCU ERT Concentrator (6) 6,900 6,900 15 kVPTs 3,600 3,600 15 kV CTs 6,000 6,000 Line Stringing Equipment 5,000 Portable Hydraulic Crimper 5,000 5,000 Grounds, Insulated Jumpers 6,000 6,500 Replace Backhoe* 80,000 Jackhammer Attachment* 25,000 Replace Polaris 6W ATV* 12,000 Replace Jeep Wrangler #34* 22,000 Replace Dump Truck #23* 45,000 Replace Jeep Wrangler #14* 22,500 Infrastructure Street lights 62,500 62,500 Poles/towers/fixtures 16,000 16,000 Overhead line improvements 32,000 32,000 Conductor Upgrade Program 50,000 50,000 Hwy 36-Community Dr. to Fourth St. Street Light Feed 30,000 MacGregor Ranch underground (1/3)* 34,000 *items to be returned to committee for further discussion and action **items to be returned to committee for authorization to release call for bids ***computer hardware/software purchases to be reviewed by computer technical committee L&P Fund Detail Pg 2 of 3
Town of Estes Park 2003-2004 Budget Light & Power Fund Enterprise Fund Light and Power continued... Budget Comments 2003 2004 Principal on Bonds $ 170,000 $ 175,000 Interest on Bonds 129,000 127,045 Transfers General Fund 761,806 842,550 9.5% ofrevenue Pymt in Lieu of taxes (2.5% of Urban revenue) 110,495 122,201 Franchise fee ( 3% ofUrban revenue) 132,593 146,641 General fund total 1,004,894 1,111,393 Fall River Hydro 26,124 26,213 Total transfers 1,031,018 1,137,606 Vehicle Replacement Fund 31,400 50,883 L&P Fund Detail Pg 3 of 3
Town of Estes Park 2003-2004 Budget Light & Power Fund Enterprise Fund Actual Estimated Budget Budget FYE2001 FYE2002 FYE2003 FYE2004 Revenues Charges for Services $ 7,236,231 $ 7,462,498 $ 8,110,191 $ 8,960,789 Other 336,470 345,423 287,000 292,000 Total Revenues $ 7,572,701 $ 7,807,920 $ 8,397,191 $ 9,252,789 Expenditures Source of Supply $ 3,831,604 $ 4,077,465 $ 4,219,944 $ 4,528,302 Distribution 904,160 1,342,180 1,151,261 1,346,011 Customer Accounts 496,814 623,023 706,940 750,179 Administration/General 1,068,773 1,252,335 1,174,430 1,202,875 Transfers 744,983 741,173 819,330 919,647 Debt 303,400 301,735 299,000 302,045 Total Current Expenses $ 7,349,734 $ 8,337,911 $ 8,370,905 $ 9,049,058 Capital 570,149 2,323,701 807,720 685,896 Total Expenditures $ 7,919,883 $ 10,661,612 $ 9,178,625 $ 9,734,954 Increase (decrease) in Fund Balance $ (347,182) $ (2,853,691) $ (781,434) $ (482,164) Beginning Fund Balance $ 4,459,438 $ 4,806,620 $ 1,952,929 $ 1,171,495 Ending Fund Balance $ 4,806,620 $ 1,952,929 $ 1,171,495 $ 689,330 L&P Operating Statement
Town of Estes Park 2003-2004 Budget Water Enterprise Fund Purpose: Provide water service to residents of Estes Park and adjacent areas. The Water Department provides water service to approximately 4300 customers in Estes Park and the surrounding area. Personnel Levels 0.40 Public Works Director 0.33 Accountant II 1.00 Water Superintendent 0.50 Data Processing Clerk 1.00 Water Maintenance Supervisor 0.20 Accts. Payable/Utility Billing Spec. 5.00 Water Plant Operators 0.20 Construction/Facilities Manager 0.14 Secretary 0.25 Town Administrator 0.50 GIS Specialist 0.25 Assistant Town Administrator 1.00 Municipal Worker III 0.25 Town Clerk 0.50 Part-time Secretary 0.25 Deputy Town Clerk 033 Microcomputer Support Specialist (proposed new position) 1.0 Backflow position (proposed new position per new regulations) The Water Department has an authorized sta#ing level of 8.5 FTE employees. Budget Comments 2003 2004 Revenue $ 2,788,052 $ 2,895,740 Year-end 2002 revenue is estimated to be $2,689,404 Rate increases of 2.9% in both 2003 and 2004 Administration/Engineering Services Source of supply Windy Gap extra expense (pumping) 10,000 10,000 Financial planfrate study 25,000 Master Plan Update 20,000 Design/Construction Mgmt Mary's Lake Pump* 25,000 Fall River Corridor.375MG tank & line (D/CM)* 115,000 Panorama Cir. 6" line* 33,000 *items to be returned to committee for further discussion and action **items to be returned to committee for authorization to release call for bids ***computer hardware/software purchases to be reviewed by computer technical committee Water Fund Detail pg. 1 of 2
Town of Estes Park 2003-2004 Budget Water Enterprise Fund Water Fund continued... Budget Comments 2003 2004 Capital Security Equipment (1/3 Water, 2/3 L&P) 15,000 15,000 Replace gas detectors (3 ) 3,300 2 gas monitor c12 shed 5,800 Replace SCADA Computers (3750 each)*** 7,500 3,750 New Data Technician CPU *** 3,300 Software 1,500 1,500 Replace 2 Intrac SCADA sites*** 16,000 16,000 Replace 2 PH meters (1750 each) 3,500 Replace 2 NTU Meters (1950 each) 3,900 TOC on line analyzer (NEW REGS) 27,500 pH & C12 analyzer 4,500 Alkalinity analyzer 8,000 Particle counter 12,500 Replace C12 Gas feed with HTH 30,000 Replace trucks* 903.7A, '95 3/4 ton, 4x4, utility box 38,000 903.6A, '96 3/4 ton 4x4 38,500 Infrastructure Mary's Lake Raw water pump (delayed from 2002)** 180,000 Fall River Corridor .375 MG tank ** 500,000 Meadow Lane 2" line** 50,000 Fall River Corridor 2400 8" line ** 265-,000 Panorama Cir. 6" line** 215,000 *items to be returned to committeeforfkrther discussion and action **items to be returned to committeefor authorization to release calljor bids ***computer hardware/sofhvarepurchases to be reviewed by computer technical committee Water Fund Detail pg. 2 of 2
Town of Estes Park 2003-2004 Budget Water Enterprise Fund Actual Estimated YE Proposed Proposed FYE2001 2002 FYE2003 FYE2004 Revenues Charges for Services $ 2,438,118 $ 2,576,881 $ 2,688,040 $ 2,794,413 Olher 198,784 112,522 100,012 101,327 Total Revenues $ 2,636,902 $ 2,689,404 $ 2,788,052 $ 2,895,740 Expenditures Source of Supply $ 86,383 $ 2,356,855 $ 125,000 $ 130,000 Purification 298,615 368,418 393,553 416,560 Di,tribution 413,326 335,416 561,228 579,179 Customer Accounts 97,682 118,694 143,686 148,109 Administration/General 509,450 599,163 762,671 623,533 Transfers 4,750 9,500 23,500 Debt 305,847 306,772 304,176 298,898 Total Current Expenses $ 1,711,303 $ 4,090,068 $ 2,299,814 $ 2,219,779 Capital $ 757,045 $ 1,420,794 $ 986,300 $ 722,450 Total Expenditures $ 2,468,348 $ 5,510,862 $ 3,286,114 $ 2,942,229 Increase (decrease) in Fund Balance $ 168,554 $ (2,821,459) $ (498,061) $ (46,489) Beginning Fund Balance $ 5,154,697 $ 5,323,251 $ 2,501,793 $ 2,003,731 Ending Fund Balance $ 5,323,251 $ 2,501,793 $ 2,003,731 $ 1,957,243 Water Rights Reserve 2,195,671 120,816 450,816 800,816 Unreserved Fund Balance $ 3,127,580 $ 2,380,977 $ 1,552,915 $ 1,156,427 Water Fund Operating Statement
2003/2004 BUDGET CONSIDERATIONS AND DECISIONS November 5,2002 1. Pay Plan Proposal • 1.9% COLA • 1.1% Merit Pool 2. New employees • Fire Secretary from .25 FTE to .75 FTE • Microcomputer Support Specialist • Backflow Prevention Specialist (Water Department) 3. Property Tax milllevy 4. Community Services funding levels • Caring Pregnancy Center • Partners of Estes Park • Estes Park Housing Authority 5. Medical Insurance • Accept reduced benefit coverage with 2.46% premium increase • Single coverage premium to be split 90% Town, 10% employee • Change from Single & Family premiums to Single, Employee/Spouse, Employee/Children, and Family premiums. All except single to be 75/25 split. • Accept Option 18 Dental Insurance with 7.74% premium increase 6. Performing Arts feasibility study funding
Town of Estes Park Interoffice Memo Date: November 5,2002 To: Honorable Mayor Baudek and Town Board of Trustees From: Rich Widmert/*X_~z~z- Town Administraltor CC: RE: 2003 Pay Plan The Town of Estes Park adopted a revised Compensation Policy and Procedure in November 2000. The Policy contains three major components: a yearly market analysis and companson, a Cost of Living Adjustment (COLA), and merit pay based on job performance. Market Analysis: The comparisons with the other cities in our market have been accomplished. For all but the Light and Power positions, the market cities are BAghton, Commerce City, Louisville, Lafayette, Castle Rock, Durango, Golden, Parker, and Steamboat Springs. For Light and Power, the cities are Fort Collins, Fort Morgan, Fountain, Glenwood Springs, Gunnison, La Junta, Lamar, Longmont, and Loveland. The data shows that some positions should be re-graded to respond to changing market conditions. Due to economic considerations, I suggest postponing these adjustments until at least the second quarter of 2003. COLA: The Consumer Price Index (CPI) reported by the Department of Labor for the period January through June shows a 2.2% increase over the same period a year ago. Since we will not receive the final figures for 2002 until February, an educated guess must be made. Based on information from CML and other sources that suggests the rate of inflation is declining, 1 recommend a COLA of 1.9% be applied to all positions for 2003. The COLA for 2002 was 3.8%. Actual 2001 CPI was 4.7%. Merit Pav: Pay for performance is a key element of our Compensation Policy and our management philosophy. The purpose is to reward quality service and motivate higher levels of performance through a yearly performance appraisal closely tied to goal achievement. For this process to be effective, an adequate amount of money must be available. I recommend a merit pool of 1.1% of payroll be established to fund this program for 2003. The merit pool for 2002 was 1.8%.
Town of Estes Park 2003-2004 Budget Community Services (101-1900) General Government Purpose: The Community Services division is the source of Town assistance to various community organizations. The Town will provide subsidies to organizations representing a broad spectrum of cultural and human services. The broad categories include arts and education, transportation, youth programs, various human services, thefood tax refund program and continuing support ofthe Estes Park Library District. Actual Estimated Budget Budget FYE2001 FYE2002 FYE2003 FYE2004 Arts & Education $ 107,261 $ 9,000 $ 9,250 $ 9,250 Crogroads 21,000 - RbVP - - Transportation 11,250 16,700 21,300 21,600 School District - 5,000 Houging 55,466 297,420 294,570 310,393 Partners Challenge Grant 1,250 - E.P. Library District 27,600 27,600 27,600 27,600 Youth - 18,000 15,500 18,150 Food Tax Refund 20,650 21,000 21,000 21,000 Salud Family Medical Center 15,000 - Human Services - 40,750 46,250 49,250 $ 261,560 $ 435,470 $ 435,470 $ 457,243 Budget Comments Current funding levels do not guarantee funding in future budgets. Continued funding is contingent upon full and open disclosure of financial information by funded groups and agencies. Community Services Page 1 of 2
Budget Comments (cont'd) 2003 2004 Arts & Education Community Concert Series $ 1,250 $ 1,250 Chamber Music Festival 1,250 1,250 AM Center of EP 2,000 2,000 Community Jan Concert Series 2,000 2,000 Estes Village Band 1,250 1,250 Oratorio Society of EP 750 750 Cultural Arts Council of EP 750 750 9,250 9,250 Transportation Veterans Transportation 500 800 Door through Door Transportation Service 20,800 20,800 21,300 21,600 Housing Estes Park Housing Authority 277,070 290,393 Stanley Avenue Employee Housing 12,500 12,500 Habitat for Humanity 5,000 7,500 294,570 310,393 E.P. Library District 27,600 27,600 Youth Child Care Provider Recognition Dinner - 150 Estes Park Learning Place School - Partners of Estes Park 2,000 3,000 Kreative Kids Day Kamp 4,000 5,000 Big Thompson Fullpower 2,000 2,500 PaCK 7,500 7,500 15,500 18,150 Food Tax Refund 21,000 21,000 Human Services Estes Valley Multicultural Connections 3,500 3,500 Caring Pregnancy Center Crossroads Ministry ofEP 22,250 22,500 Salud Clinic 18,500 20,500 The Round House 2,000 2,500 Radio Reading Service of the Rockies - 250 46,250 49,250 Community Services Page 2 of 2
Richard Widmer From: Richard Widmer int: Thursday, October 31, 2002 1:40 PM ,. Trustees Subject: Health Insurance Premiums Ladies and Gentlemen: I have attached two documents concerning our health insurance premiums. One shows the premium changes associated with comparing our 2002 premiums with either a 2-tiered (existing approach) or a 4-tiered premium for 2003. We have approximately 41 singles, 20 employee/spouse, one employee/children, and 38 family units in the Town's portion of the group, My personal opinion is the 4-tiered approach is the fairest way to go, although it obviously puts a little larger burden (about $20/month) on the families. Some of them will switch their coverage if they have a wife employed with health benefits. We have run the numbers and there is very little difference in total cost/year for the Town with either approach. It is actually slightly cheaper to go with the 4-tier plan. Also in this document is a page showing the dental insurance options. The second attachment is a spreadsheet which shows the same information for medical insurance plus the fully-insured option. Please let me know if you have any questions. We will discuss this again at our work session on November 5. Thanks, Rich 2003 Health 2003 Health isurance Premiums.isurance Rate Com. 1 A
' 10/31/02 Health Insurance Premiums 2003 Proposal MEDICAL INSURANCE 2002 PREMIUMS MIF DEPTS EMPL Single Premium $277.37 58.60 218.77 0 Family 774.02 206.29 425.80 141.93 (18.3%) 2003 PREMIUM with REDUCED BENEFITS - 2.46% increase (1) Single Premium $284.19. 0 255.77 28.42 (10%) Family 793.05 0 594.79 198.26 (25%) NOTES: 1. Raises office visit copay from $15 to $25, raises out-of-network deductible from $500 to $1,000. Prescription card changes to $10/30/50 from 10/20/35. 2003 PREMIUM with REDUCED BENEFITS & 4 TIERED PREMIUMS Single Premium $284.19 0 255.77 28.42 (10%) Employee & Spouse 639.43 0 479.57 159.86 (25%) Employee & Children 611.01 0 458.26 152.75 (25%) Family 871.27 0 653.45 217.82 (25%)
' 10/31/02 DENTAL INSURANCE 2002 PREMIUMS MIF DEPTS EMPL Single Premium $36.44 0 36.44 0 Family 94.55 0 70.91 23.64 (25%) 2003 PREMIUMS Option 18 - 7.74% increase (2) Single Premium. $39.26 0 35.33 3.93 (10%) Family 101.87 0 76.40 25.47 (25%) 2003 PREMIUMS Option 16 - 1.24% decrease (3) Single Premium. $35.99 0 32.99 3.60 (10%) Family 93.38 0 70.04 23.34 (25%) NOTES: 2. Same benefit levels as 2002 except maximum orthodontic is rised from $1,000 to $1,500. 3. Same benefit levels as 2002 except yearly maximum is lowered from $1,500 to $1,000 and yearly deductible is raised from $25 to $50.
553 e =-r- 12 9 - 2 0- ABiliE - -00 Mog NAO 51 2 g 24% pr<N - 2 0 *aw 2 REM *rco 8 - 0 25564 %03 ~ q :lie g g @1 -- A N CO LD - '0 - 4 n'.91-0 -- CD p . MON g EK 0 co 00 -- - 2 C E 3 .2 0 0 E 06 05 fti 22 @- 2 .% CQ_.111 ill Lt MIF DEPTS EMPL TOTAL DEPTS EMPL TOTAL DEPTS EMPL ~ TOTAL DEPT EMPL TOTAL DE 1 EMPL 277.37 58.60 218.77 - 284.19 255.77 28.42 284.19 5 255.77 28.42 326.72 32.67 Fully Insured Exdude <1/03 Ful y In ured n de <1/03 TOWN OF ESTES PARK 2003 INSURANCE PREMIUM COMPARISONS ily Premium 774.02 206.29 425.80 141.93 793.05 594.79 198.26 . 7 217.82 I 2C02 1 2003 with Reduced Benefits 2003, Red Bens, Tiered 2 Thee-Fa~enssdh~ninclude claims incurred prior to January 1, 2003 and paid on or after 2003. 1. The rates shown exclude claims incurredprior to January 1, 2003. Claims incurred pr~~~~~nuaryl, 2003 but not yet paid will be handled based on the 'Termination Premium' provision of the group's Partial pouse Premium ~ iTOTAL PREMIUM NOTES:
& I Estes Park Housing Authority - 493-3»*036*424#/'"»t. - ''I--r-~53:/-«-----2.1-19€*i»- 2 69'. <: , _ ,,„ . 2-1 - 2-454 y f %541 .,..4.1 + 1..'-4-7. -aa.. t'Zii#.1/15&:./e.* 2*-I I.-i:LTE PI. 6:'.5/2,~/tifitf&3:. - . November 5,2002-»w'* .<:7--2 Mr. Rich Widmer- Town Administrator Town Trustees Town of Estes Park 170 MacGregor Avenue- P.O. Box 1200 Estes Park, CO 80517 Dear Rich and Trustees: Attached for your review is the Estes Park Housing Authority's revised budget request for Fiscal Years 2003 and 2004. Our request for 2003 is in the amount of $267,493 and for FY 2004 is $276,533. This request incorporates the following projections: * Increasing the Program Manager' s position to full time * Additional staffexpenses for oversight and administration ofthe 44 Section 8 Vouchers Allocated to Estes Park over the last 18 months and assisting in the identification of future affordable housing options * Maintaining current level o f support from the Town o f Estes Park for development related expenses and to support current and future developments. We have revised our request down below both our original Noposal and made further reductions from the Trustee's Recommendations~$277,07tfdr FY 2003 and $290,393 for FY 2004. These cuts were made based on reductidiS iniequested Town contributions for both Water and Sewer Taps. In light ofthe Town's budgetary concerns the EPHA feels that it could adequately meet it's obligations by reducing tap contributions from 30 taps per year (1/2 cost) to 15 in FY 2003 and 16 in FY 20042 The attached spreadsheet details our request. We appreciate the Town's support and pledge our commitment to continue to address the community's affordable housing needs. 247-, M«U.· Sincerely, 030 04 14kt 34&,645 ligbia 5amuel G. Betters Executive Director ~ *MOUSING OPPORTUN11V (970) 577-3800 • RO. BOX 1200 • 170 MAC GREGOR AVENUE • ESTES PARK, CO 80517 • FAX (970) 586-0249
EPHA Revised 2003 and 2004 Budget Request * Proposed Proposed FYE 12-31-03 FYE 12-31-04 BUDGET ALLOCATIONS REQUESTED: OPERATING FUNDS 112,943 119,013 DEVELOPMENT FUNDS 110,000 110,000 TAP FEES 44,550 47,520 TOTAL CONTRIBUTIONS REQUESTED $267,493 $276,533 EXPENSES: EXECUTIVE DIRECTOR SALARY 9,000 9,450 PROGRAM MANAGER 45,000 47,250 HOUSING OPERATIONS MANAGER 18,000 18,900 OFFICE SUPPLIES 500 500 ADVERTISING 500 500 POSTAGE 250 250 TRAVEL & TRAINING: STAFF 1,500 1,500 TRAVEL & TRAINING: COMMISSIONER 500 500 OFFICE EQUIPMENT 500 750 TELEPHONE SERVICE 250 250 MANAGEMENT FEE 13,890 14,585 BANK CHARGES 100 100 PUBLICATION, SUBSCRIPTIONS, & DUES 100 100 COMPUTER SOFTWARE SUPPORT 200 250 COMPUTER SUPPLIES 100 100 ACCOUNTING FEE 3,000 3,000 MISCELLANEOUS ADMINISTRATION EXPENSES 200 200 TOTAL ADMINISTRATIVE EXPENSE $93,590 $98,185 PAYROLL TAXES 5,618 5,895 EMPLOYEE INSURANCE 8,651 9,595 WORKERS COMPENSATION 1,483 1,557 RETIREMENT 3,600 3,780 TOTAL TAXES & INSURANCE 19,353 20,828 TOTAL OPERATING EXPENSES $112,943 $119,013 DEVELOPMENT EXPENSES: DEVELOPMENT AND PRE-DEVELOPMENT EXPENSES 110,000 110,000 CONTRIBUTIONS TO TAP FEES: - 1/2 cost 15 water taps ( 16 in'04 ) 22,050 23,520 - 1/2 cost 15 sewer taps ( 16 in'04 ) 22,500 24,000 TOTAL DEVELOPMENT CONTRIBUTIONS $154,550 $157,520 TOTAL CONTRIBUTIONS REQUESTED $267,493 $276,533
Estes Park Housing Authority ~0~ to -4* t. i~ l/* · · ESTES PARK HOUSING AUTHORITY BUDGET ALLOCATIONS REQUESTED 2003 2004 OPERATING FUNDS 112,943 119,013 DEVELOPMENT FUNDS 110,000 110,000 TOTAL OPERATING & PRE-DEVELOPMENT 222,943 229,013 TAP FEES 89,100 89,100 TOTAL CONTRIBUTIONS REQUESTED 312,043 318,113 L TRUSTEE RECOMMENDATION OPERATING AND PRE-DEVELOPMENT 187,970 201,293 TOTAL PRE-DEVELOPMENT & OPERATING 187,970 201,293 TAP FEES 89,100 89,100 TOTAL RECOMMENDATION 277,070 290,393 Represents a 16% decrease in Amount requested Represents a 2.5% decrease in Amount requested and received in 2002 Year 2002 Budget Analysis Requested Received Operating & Pre-Development 192,490 192,490 EQUALWOUSING OPPORTUNITY (970) 577-3800 • RO. BOX 1200 • 170 MAC GREGOR AVENUE • ESTES PARK, CO 80517 • FAX (970) 586-0249