HomeMy WebLinkAboutRESOLUTION 05-16C0RESOLUTIONTOAPPROPRIATESUMSOFMONEYNO.05-16ARESOLUTIONADJUSTINGAPPROPRIATIONSTOTHEVARIOUSFUNDSANDSPENDINGAGENCIESINTHEAMOUNTSANDFORTHEPURPOSESASSETFORTHBELOWFORTHETOWNOFESTESPARK,COLORADOFORTHEBUDGETYEARBEGINNINGONTHEFIRSTDAYOFJANUARY2016,ANDENDINGONTHELASTDAYOFDECEMBER2016.WHEREAS,theBoardofTrusteesoftheannual2016budgetinaccordancewiththeDecember6th,2015;andTownofEstesParkhasadoptedtheLocalGovernmentBudgetLawonWHEREAS,overthecourseofthefiscalyearendingDecember31,2016,theestimatesincludedintheadoptedbudgethavebeenrevisedtomoreaccuratelyrepresenttheactualrevenuesandexpendituresnecessarytooperatethegovernment;andWHEREAS,itisnotonlyrequiredbylaw,butalsonecessarytoappropriatetherevenuesprovidedinthebudgettoandforthepurposesdescribedbelow,soasnottoimpairtheoperationsoftheTownofEstesPark.NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,COLORADO:Thatthefollowingattachedsumsareherebyappropriatedfromtherevenueofeachfund,toeachfund,forthepurposesstated.ADOPTEDthis8thdayofMarch,2016.ATTEST:TowDlerk
INFORMATION FOR SUPPI.EMENTAL APPROPRIATION (RESOULITON #05-16)TO 2016 BUDGET
REVENUES/TRANSFER IN
220 Larimer Cty Open Space
244 Trails Expansion
260 Streets
Total
220 Larimer CtV Open Space
244 Trails Expansion
250 Streets
Totals
A
2016 Budget
(2016 Approved Budget)
635,000
538,312
1,884,500
3,057,812
261,440
500,000
4,084,381
B
supplemental
appropriation
(Res 1103-16,02/09/16)
(Rol lovers)
B
supplemental
appropriation
(Res 1405-16,03/08/16)
B
2016 Revised Budget
C
lncrease/
includes all sources of money inflow:revenues,proceeds from debt,transfers in
EXPENDITURES/TRANSFERS OUT
A
Original 2016 Budget
8-Mar-16 (Decrease)
1,600,501 965,501
538,312 0
1,884,500 0
4,023,313 965,501
D E
2016 Revised Oecrease/
(Increase)
Ending expenditures (C -D)
1,667,423 (1350000)
881,275 (173,000)
4,846,042 (690,138)
7,394,740 (2,213,138)4,845,821
55,983 1,611,440
208,275 673,000
71,523 4,747,881
335,781 7,032,321 n
includes all sources of money outflow:expenditures,deb service,transfers out
Rollovers(approved02/16/16Boardm000055,983Excess(deficiency)ofrevenues300600(249,960)(11,894)(50,463))6L922)overexpendituresBeginningFundbalance112,233412,833412,833412,833362,370EndingFundbalanceREVENUESFederalGrantCOBG-DRScottPonds(movedto2016)COBG-DRHydroplantRiverRestorationCDBG-DROffsettoWaterAugmentationScottPondsReimbonPW19STrails(HDR/LaCo)EXPENSESO&M-Engineering______________________________________________Scottpondscontractmodification-02/09/16BoardmeetingScottPondscontractmodification-5/12/isBoardmeetingPW19SHDR/LaCoHydroplantRiverbankStabilizationHydroplantRiverbankStabilizationgrantnotusedin2015CapitalS0SCOPEOFSERVICES‘In1996,LarimerCountyvotersopprowedoone-quorrerofonepercentsalestaxincreasetobeusedfortrailsandopenspacepurchasesthrough2018.ThisfundaccountsfortheTown’sportionofthetax.OPENSPACEFUNDOriginalBudgetRevisedBudgetEndingBudget2014201520Th20152016130343,180459130000290,0005000237,619850,0000350,0002,00038122,11800367,4281,52638RevenuesFederalGrantScottPondsGrantmovedto2016StateGovernmentGrantCountySharedRevenuesInterestEarningsMiscellaneousRevenueTotalRevenuesExpensesPersonnelServIcesSalariesBenefitsOperations&MaintenanceAdditionalO&MTotalCurrentExpensesCapitalTotalExpenses398,501850,0000350,0002,0000$343,782$290,500$1,439,657$491,110$1,600,50131,02827,60828,46027,68519,82811,79412,49711,76111,2198,25742,82240,10540.22138,90428,085360355561,330477,668233,355000070,00043,18240,460601,551516,572331,4400500,000850,00025,0001,280,00043,182540,4601,451,551541,5721,611,440$412,833$162,873$400,g39$362,370$295,4481,087,619122,1181,248,501850,000850,000150,000133.000237,619122,118115,501535,649477,038303,00020,000204,494207,238133,000237,619226,27238,75238,744100,00050,00050,000850,00001,280,000850,000ScottPonds(movedto2016)DryGulchRoadRehabilitationproject850,000430,000
0CSCOPEOFSERVICES12.5%ofthenew1%salestaxincreasefortheconstructionandexpansionofpublictrollswithintheEstesValleyplanningTRAILSFUNDOriginalBudgetRevisedBudgetEndingBudget20142015201520152016GeneralSalesTaxFederalGrantInterestEarningsTotalRevenuesExpensesPersonnelServicesSalariesBenefitsCapitalIncreasedCapitaltoDryGulchRoadRehabilitationProject00337,00000137,542500,00D0173000TotalExpensesRolloversExcess(deficiency)ofrevenuesoverexpendituresBeginningFundbalance00347,048147,590673,0000000208,275168,803262,76342,507279,056%425G3)0168,803168,803168,803447,859$168,803$431,566$211,310$447,859$104,895168,769262,500288,750302,973300,31200100,000123,218237,000342638054541,000Operations&MaintenanceTotalCurrentExpenses$168,803$262,763$389,555$426,645$538,31200000000000000010,04810,04800010,04810,0480EndingFundbalance
00OriginalBudgetRevisedBudgetEndingBudget20142015201520152016TotalRevenuesExpensesPersonnelServicesSalariesBenefitsTotalCurrentExpensesCapitalIncreasedCapitaltoDryGulchRoadRehabilitationProjectTotalExpensesRolloversExcess(deficiency)ofrevenuesoverexpendituresOtherfinancingsources(transfersin)GeneralFundIncrease(decrease)inFundBalanceBeginningFundbalanceEndingFundbalanceRestrictedforRAMP/FLAPUnrestricted(Street)*$141,234oftataiexpensesareAdditionsto2016:249,8433,000,00026,000O&M:Cracksealmaterial,aggregateandemulsionforpotholetruckFarnsworth-Engineering-DryGulchMaterialstesting-DryGulchAggregatetent(additiontorollover)Coulson(additiontorollover)664,13830,00010,00020,0001,9432,195SCOPEOFSERVICESnew1%solestaxincreasefor“theconstruction,repair,replacement,rehabilitationandrenovationsofstreetswithintheTownSTREETSFUNDGeneralSalesTaxStateGrants(RAMP)interestEarnings-1AInterestEarnings-(RAMP)810,089001631,260,000001,2601,386,0004,200,000010,2871,454,2734,200,0003,0815,8421,441,500008,000$810,252$1,261,260$5,596,287$5,663,196$1,449,500090,59527,91648,01787,670056,42918,94417,95236,1710147,02446,86065,969123,841Operations&Maintenance*AdditionalO&Maslistedbelow3821,152,0400321,5580432,68203821,299,064368,418498,6511,748,519960,540664,13801,600,000325,0000003822,899,064693,418748,4944,774,519000071,523809,870(1,637,804)4,902,8694,914,701(3,396542)771,528435,000435,000435,000435,0001,581,398(1,202,804)5,337,8695,349,701(2961,542101,581,3981,581,3981,581,3986,931,099$1,581,398$378,594$6,919,267$6,931,099$3,969,558$0$1,581,398RAMP/FLAPrelated$0$4,200,000$4,064,608$3,464,608$378,594$2,719,267$2,866,491$504,949FLAP/RAMPestimatedexpenses600,000