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Home My WebLink About1993 Ordinance No. 050ORDINANCE NO.~ SERIES OF 1993 BY AUTHORITY COUNCIL BILL NO. 55 INTRODUCED BY COUNCIL MEMBER BULWCK AN ORDINANCE ADOPl'ING THE BUDGET OF THE CITY OF ENGLEWOOD, COLORADO, FOR THE FISCAL YEAR 1994 . WHEREAS , pursuant I<> t.he provisions of Part I of Article X of the Charter of the City of Englewood, Colorado, adop ted by the voten on July 8, 1$58, a budget for the fiscal year lf,94 was duly submitted by the Actir ,g City Manager I<> the City Council on September 15, 1953; and WHEREAS, a public hen :in1: on the said budget w•• held by the City Council within three weeks after its submission •t ti-, meeting of the City Council on September 20, 1993, regular notice of the time and p,ace o: said hearing having be en published within seven days aft.er submission of the budget, the manner pro,ided in the Charter for the publication of ordinance; and WHEREAS, the City Council of the City of Englewood has given con siderable study I<> t.he afo reme ntioned budget on numerous occasions; and WHEREAS, it is the intent of the City Council'" adopt the 1994 budget as now submitted; NOW , THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS: Si:i:1ism....l. That the budget of the City of Englewood, Colorado, for the fiscal year 1994 , as submitted by the Acting City Manager and duly con sid ered by the City Council after public hearing, be and hereby is adopted as the budget for the City of Englewood for the fiscal year 1994. Sw.iJm..2, GENERAL FUND Unr eserve d Fund Balanc e, January 1, 1994 Reve nue s Sales/Use Tax Prope rty and Specific Ownership Tax Franchise/Occupation/Cigarette Tax License/Permits Intergovern menta 1 Revenue Charges for Services Cultural & Recreation Fine s & Forfeitures Miscellaneous lnterfun d Transfers Tot.al Revenu es -)- !994BUPQET $ 3,827,998 11,956,000 1,479,060 2,104,000 358,524 939,537 1,217,055 1,103,015 510,500 309,200 13,'.,00J $20,111,891 10 b Expenditures Legislation City Attorney's Office Municipal Court City Manager's Office AdministTative Services Financial S ervices Public Works Safety Services Community De\•elopment Library '3e rvi ces Recreation Services Gener ai Government Total Expendit11res Increase in Em ergency Re se1ve Unreserved Fund Balance, De ce mber 3 1, 1994 Sts:l.ilm.a. DEBT SERVICE FUNDS Community Cent.er Bond Prht Service Fund Fund Balance, January 1, 1994 Revenues Prop erty Tu Interest Earn in gs To ia1 Reve nues Expenditures Fund Balance, De :tmber 31, 1994 Paving Pistric:l •2•~1 Debt Service Fund Fund Balance, J anuary 1, 1994 Revenues Property Tax Assessments Interest Earnings Total Re ven ues Expend.lures lnt erfund Transfers Out Fund Balance, December 31, IU94 Pa ving District #30 Debt Service Fund Fund Balance, January 1, 1994 -2- 150,493 417,918 476,145 291,300 1,242,840 881,647 4,456,176 9,045,143 988,626 706,2J4 1,665,451 $20,321,973 $ 204,687 $ 3,413,229 1994 BJJQGET $ 'O.,Ool 548,275 __um_ __ $ 553,585 $ 554,725 $ 50,348 $ 18,9'24 22'2'j $ 21,149 $ 55,422 $ 16,075 $ 0 $ 41,577 Revenues Prop ,rty T,.s Assessments s '12,<113 ln•.e r,,e t f ,11.rnings 41XXl To• •• ta ._. .. _ • 26,073 Expenditures $ 13,53.'l Fund Balance, December 31 , 1994 s 54,117 fa:.:inLt Di11trid #3 1 lltht• Seo:ice El.in d Fund Ba lance, January 1, 1994 $ 15,697 Re venues Property Tas Assessments s 8,896 Interest Earnings 1 1:ro To tal Revenues $ 10,<fll Expenditures $ 6,Sl2 Fund Bala nc e, Dec ember 31 , 1994 $ 18,906 Pa:a·inLt Dic.h::ic1 #32 Debt Seivice Fund Fund Balance, January 1, 1994 $ 15,510 Reve nues Prope rty Tax Assessments s 11,600 In ter est Earnings 1,675 Total Revenu es $ 13,275 Exp e nd itures s 6,906 Fund Balance, Decemb,r 31, 1994 $ 21,879 Paving District #33 ,)ebt Senrice Fund Fund Balance , Jar,uary 1 $ 50,996 Reven ues Property Tax Assessments $ :ll,973 In tere st Earnings J ◄ffll Tota l Revenue s $ .:e ,!'T.1 Expenditures ,. 13,849 Fund Balance, December 31, 1994 $ 82,3:'.tl Paving District #34 /Co nuete District 1991 Debt 5Pcvice Fun,~ Fund llalance, January l , 1994 $ < 97,045> Revenues Property Tax Assessments Interest Earnings Total Re,•enues -3- 'J2,6Pil 18400 41,al? Expenditures S 12,971 Fund Balan ce, Decemher 31, 1994 S <68,929> PeYiog District -EnrlewP2d Cnmmecce & Industrial Center Debt SeOOse Fund Fund Balance, J anuary 1, 1994 $ 7/!!17 Reven ues Property Tax Asse ss ments Interest Earnings Total Revenues Expenditures Fund Bal anc e, Dec ember 31, 1994 Cnnccete Rrolocement District 1992 Pehl Swwu).Ull; Fund Balance, Janua ry 1, 1994 Revenue s Property Tax As sess ments lnte1 es t Earn ings Total Re venues Expenditures Fund Balance Dec embe r 3 1, 1994 Paving Dist-rid •36 Ptbt Service Fund Fund Balance, January 1, 1994 Re venues Miscellaneou s Expenditures Transfers-Out Fund Balance, Decembe r 31 , 1994 Pa ving District #37 Prbt Service Fund Fund Balance, January 1, 1994 Revent1es Miscellaneous Expenditures Fund Ba lanc e, December 31 , 1994 -4 - $29,7u3 J_JOO $3v,003 '.°t!l.562 $ 7,318 $ 400 $ 20,216 ua.wi $33,216 $ 33,441 $ 175 $ 3,100 $ 5,000 $ 0 $ 3,008 $ 5,032 $ 7,000 $ 2,000 $ 1000 $ 8,000 ~ SPEC! U. REVENUE FUNDS Caoaerv11.tion Trust Fund Fund Balance, January 1, 1994 Re venu es Ex pe ndi tures Fund Balance, Dec ember 31, 1994 Community Pevcloomeot Bl ock Gr .. aIU .... flulil Fund Balance, J anu ary 1, 1994 Expenditures Fund Balanc e, December 31 , 1994 Donors Fund Fund Balance, January I, 1994 Revenue s Expenditures Fund Balan ce, Dece mber 31, 1994 ~ CAPITALPROJECTFUNDS Pu bli c lmnrovement J:),w.d Fun d Balance, January I , 1994 Revenu es Expe nditures Un designat<d Fund Ba la nce, December 31 , 1994 Fund Balance designated for Tej on Fire St.ation Tot.a l Fund Balance, December 31 , 1934 JBHDJ!PGET $ 190,180 211,000 $ 216,300 $ 184,880 $ 74,302 20'2,000 $ 249,787 $ 26,515 $ 59,473 37,750 $ 70,000 $ Zl:;zJ J994 B\IDGET $ 338,882 1,370,37.8 $ 1,381,782 f 282,428 $ 45,000 $ 327,428 Povinr Piattirt #35 Fund Balance , January 1, 1994 Revenu es Expenditures Fund Balance, Dece mber 31, 1.•94 ra ving District #38 Fund Balance, J an ua,y l 1994 Rev enues Ex pen di tures •und B•lnnce , Dece n,"·• 3 1, 1994 Concrete Ren incemeot District 1994 Fund Bala nce , January 1, 1994 n. .... e nues Expe nditures Fund Balance, Dec ember 3 1, 1994 ~ INTERNALSERVICEFUNDS Service Center Fu nd Ca sh & Cash Equi\•alent s, January 1, 1994 Revenu es Expen ses Cos;, & Cash Equivalen ts, Dece mber 31 , 1994 Canital Eoui nment Benloce meot Fund Cash & Cash Equivalents, January 1, 1994 Revenues Exp enses Cash & Cash Equivalents, De ce mber 31, 1994 Cc otrn l Senricei. Fund Cas h & Cash Equi valents, January 1, 1994 R~v e nu es Expen ses Cash & Cash Equi,•alents, December 31, 1994 -6 · $ -0- 651,000 s 631,000 s 20,000 s -0- 75,000 $ 70,000 $ 5,000 $ -0- 61 0,000 $ 600,000 $ 10,000 i994BUDGET s 176,234 1,176,569 $ 1,101,292 $ 251,511 $ 197,363 419,891 $ 447,9Z7 $ 169,3Z7 $ 57,658 223,000 s Z79 ,033 s 1,625 Prnoertv & J iehi1itv Self Jnuunnec Fund Cash & Ca sh Equivalents, January 1, 1994 Revenues Expenses Cash & Cash Equivalents, December 31 , 1994 Heoltb Self~lnsurunce Fund Cash & Cash Equivalents, January 1, 1994 Revenu es Ex penses Cash & Cash Equi valents, December 3 1, 1994 ~ ENI'ERPRISE FUNDS Woterfnnd Cash & Cash Equivalents, January 1, 1994 .t even ues Expenses Cash & Cash Equivalents, December 3 1, 1994 Scwec Fund Cash & Cash Equivalents, January 1, 1994 Reve nu es Expe nses Cash & Cash Equivalents, December 31 , 1994 Storm Drninore Fund Cash & Cash Equivalents, J anua ry I , 1994 Reve nu es Expenses Cash & Cash Equivalen ts, December 3 1, 1994 0°1( Cour •• fllllli Cash & Cash i:qui>•alents, January 1, 199 4 Revenu es Expenses -7 - $ 549~ 223,400 $ 365,941 $ 407,268 $ ~';i ,863 2,467,700 $ 2,638,277 $ 267,286 lli!.llll120EI $ 1,626,286 3,985 ,197 $ 4,696,769 $ 914 ,714 $ 21,884,171 5,882,180 $ 6,880,635 $20,885,716 $ 38,711 $ ~,850 $ 104 ,78 1 $ 54,780 $ 1,455,7 19 1,238,522 $ 1,131,606 Tran,fers Out Cash & Cash Equivalents, December 31, 1994 Prniect BuiJd Fund Ca sh & C,,sh Equivalents, January 1, 1994 Revenue, Exp enses Cash & Cash Equivalents, December 31 , 1994 ~ FIDUCIARY FUNDS Nonemerreocv Pension Fun d Fund Bala nc e, January 1, 19 Revenues Expenses Fund Balance, December 31 , 1994 ' Police Pensio n Fund Fund Balance, January 1, 1994 Revenues Expenses Fund Balance, December 31 , 1994 Fire Pension Fund Fund Balance, January 1, 1994 Revenues Expe ns es Fund Balance, December 31 , 1994 MoJlev Center Trust Fund Fund Balance, January 1, 1994 Revenues Expenses Fund Balance, December 31, 1994 Porks end Re creotinn Tcu:;t Fund Fund Ba lance, January 1, 1994 -8 - $ IM,ro) $ l,427,63ll S 449,295 561,656 s 6.10,950 $ 380,000 l994RJIDGET $12,0U,853 1,156,689 $ 521,263 $12,650,279 $ 5,520,881 723,010 $ 444,002 $ 5,799,799 S 9,548,899 m,456 S 535,609 S 9,790,746 $ 193,174 12,829 $ 32,000 $ 174,000 $ 88,290 Fund Balance, December 31, 1994 Snerial Assessment Surnlus &; Pefic:i encv Fund Fund Bal an ce, January I , 1994 Revenue s Transfers In Expenses Fund Balance, D,<ember 31 , 1994 22,431 $ 47/!00 $ 62,921 $ 46,22.5 2,228 $ 16,075 $ 325 $ 64,n'l Si:~ JOJNrVENTIJRES l2a:I Bl!I!GET LJTILETONIENGLEWOOI! WA STEWATER TREATMENT PLAN'.!' ,JOINT YENTIJRE Cash & Cash Equi valents, January I, 1994 Revenu es Expense s Cash & Cash Equivalents, Decembe r 31, 1994 $1,609,830 6,845,409 $6,977,163 $ 1,478,076 ~-That the sai d budget as a mend ed a nd acc epted sha ll be a public r eco rd in the office of the City Clerk and shall be open to public in spection . Sufficient copies t h ereof shall be made a,·ailable for the use of C,e City Council and , he public , the number of cop ies to be determined b y the City Manage, 1993. Introduced, read in full, and passed on fir st r ea ding on the 18th day of October, 1993. Published as a Bill for an Ordinance on the 21st day of Oct,ber, 1993. Read by title and pa ssed on final reading on the Isl day of November, 1993 . P ublished by title as Ordinance No .5'.'J , Seties of 1993, on the 4th day of November, ATTEST : &4«~ ,;f.{ltHd Patricia H . C row, City Clerk -9 - I, Patricia H. Cr ow . City Cink of the City of Englewood , Colorado , hereby certify that the above and fore g,!ng i• a true copy of the Ordi nance paued on final reading and published by title as Ordinan ce No . 5[), Series of 1993. ~ ~-1/i~ Patricia H. Crow Date October 18, 1993 INI11A 11:D BY Sf AFF SOURCE COUNOL COMMUNICATION Agenda Item 11 a Subject Adoption of the 1994 Budget City Manager and City Council Frank Gryglewicz, Acting Director of Financial Services ISSUFJ ACTION PROPOSED Attached are (1) an ordim .. ,ce adopting the budget for all funds for the City of Englewood for 1994 and (2) an orllinance appropriating mc"\ies for 1994 . The amounts included in the budget and appropriation ordinances reflect the proposed budget submitted to the City Council on September 15, 1993 and all changes d irected by the City Council as a result of the budget workshop hel d October 1 and 2, 1993 . PREVIOUS COUNCIL ACTION April 17, 1993 June 7, 199 3 June 7, 1993 August 9, 1993 September 15, 1993 September 20, 1993 October 1-2, 1993 STAFF ANALYSIS Ci ty Council Budget Planning Workshop City Council Revenue Study Session City Council 's Public Forum on 1994 Budget Acting City Manager's Outline of Proposed Bud get transmitted to City Council Acting City Manager's Proposed Budget transmitted to City Council Public Hearing on Proposed Budget City Council Workshop on Proposed Budget The attached ordinances re flect Council 's approved changes to the 1994 Proposed Budget as shown bel ow. Genn;alfund Expenditures Re d u ction of $11,753 in Financial Services Addition of $35,000 to fund a position in Community Development for economic development and public outreach assistance, including volunteerism. Total Changes to General Fund: Revenues Expenditures $0 $23,247 Fund Balance <$'23,247> The final budget document will also reflect th e merging of the Environmental Services Didsion into the eighborhoe>d ~rvices Division of Community Development. f.ublic..Improvemenl_.f_und Fund Balance Total Changes to PIF : Water Fund Revenues Expenses Cash Balance Designate $45,000 ol 1994 Enciing Fund B,lance for Tejon Restrooms to be constructed in 19'.15. Revenues Expenditures $0 $0 Undesignated Fund Balance <$45,000> Designated Fund Balance $45 ,000 Reduction of $28,857 in estimated revenues du~ to lower estimates of water tap fees and interest earnings ,n 19'.)4. Addition of $140 ,000 for one-half of cost for new buqding at Se.rviCenter . Reduction of $173,093 due to lowering of beginning cash balance estimate of $4,236, !owering revenues by $28,857 and increasing expenses by $140,000 . Total Changes to Water Fund : Revenues Expenses <$28,857> $140 ,000 Cash Balance 5177,093> -SewerEund Revenues Expenses Cash Balance Reduction o f $62,520 in estimated revenues due to lower estimates :.,f sewer tap cha rges and interest earnings in 1994 . Addition of $240,566 for sewer charges to WWTP. Addition o f $14.0,000 for one-half of the cost of a new building at the ServiCenter. Reduction of miscellaneous line items by $52,019. · Cash balances reflect the above revenue and expense changes as well as a slight reduction ($81) in beginning balances . Total Changes tc, Sewer Fund: Revenues Expenses Cash Balance <$62,520> $328,54.7 <$391,148> l'roject.Build The final budget document will reflect a change in the amount designated for Economic Development from $320 ,000 to $250,000 . The cha'lge will not the reduce the tota l amount allocated for the fund . FINANCIAL IMPACT The 1993 General Fund budget includes a projected ending unreserved fund balance of 53 ,-113 ,229 . or 16 .8% of general fund expenditures for 1994 . This is a decrease of $414,769 from the estimated 1993 unreserved ending fund balance. Part of the reduction is due to the additional $204,687 in the reserved portion the Fund Balance mandated by Amendment 1 . The rest of the :lecrease ($210,082) represents a reduction of fund balance re serves to supplant lost revtnues. ORDINANCE NO._ SERIES OF 1993 BY AUTHORITY A BILL FOR COUNCIL BILL NO. 55 INTRODUCED BY COUNCIL MEMBER ______ _ AN ORDINANCE ADOPTING THE BUDGET OF THE CITY OF ENGLEWOOD, COLORADO, FOR THE FISCAL YEAR 1994. WHEREAS, pursuant to the provisions of Part I of Articl /x of the Charter of the City of Engl ewood, Colora~~opt.ed by the voters on July 8, 1958, a budget for the fiscal year 1994 wa s duly submitt.ed '"J,,f'e •hting City Manager to the City Council on September 16, 1993 ; and WHEREAS, a pubh\ hearing on the aaid budget was held by the City Council within three weeks after its s ubmiss, n at •.he meeting of the City Council on September 20, 1993 , regular notic e of the time and pl ce of said hearing havirig been published within seven days aft.er submi ssion of the budget, e manner provided In the Charter for the publication of ordinance; and "fHEREAS, the City Coun · of the Ci of Engle wood has gi ven considerable study to the afo ementioned budget on nu rous o asions; and · y Council to adopt the 1994 budget ss now submitted; NOW , THEREFORE, BE IT ORD D BY THE CITY COUNCIL OF THE CITY OF FO OWS: ~tilm..l. That the bu lewood, Colorado, for the fiscal year 1994, as submitted by the Actin y considered by the City Council aft.er public hearing, be and hereby i t for the City of Englewood for the fiscal year 1994. Revenues , Sales/Use Tax Property and Specific Ownership Tax Frauchise/Occupation/Cigarette Tax License/Permits r.(ergovernmental Revenue arges for Services Cultural & RecTeation / Fines & ForfeituTes Miscellaneous lnt.eTfund TTansfeTS Total Re,enues ~~ $ 3,827,998 11,956,000 1,479,060 2,104,000 358,52,1 939,537 1,217,066 1,103,016 510,liOO 31"'•,ax> _l:,i~ $20,111,891