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Home My WebLink About1998 Ordinance No. 074~ ..... • • • • ORDINANCE NO. !21- SERIES OF 1998 BY AUTHORITY COUNCIL BILL NO . 67 INTRODUCED BY COUNCIL MEMBER WAGGONER AN ORDINANCE ADOPTING THE BUDGET OF THE CITY OF ENGLEWOOD , COLORADO , FOR THE FISCAL YEAR 1999 . WHEREAS , pursuant to the provisions of Part I of Article X of the Charte r of the City of Englewood, Colorado , adopted by the voters on July 8 , 1958, a budget for the fiscal year 1999 was duly submitted by the City Manager to the City Council on September 3 , 1998; and WHEREAS , a public hearing on the said budget was held by the City Council within three weeks after its submission at the meeting of the City Council on September 21, 1998 , regular notice of the time and place of said hearing having b ee n published within seven days after submission of the budget in the manner provided in the Charter for the publication of an ordinance ; and WHEREAS , the City Council of the City of Englewood has studied the b u dget on numerous occasions ; and WHEREAS , it is the intent of the City Council to adopt the 1999 budge t as no w submitted ; NOW , THEREFORE , BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD , COLORADO, AS FOLLOWS : Section 1. That the budget of the City of Englewood, Colorado, for the fiscal year 1999 , as submitted by the City Manager and duly considered by the City Council a fter public hearing, be and hereby is adopted as the budget for the City of Englewood for the fiscal year 1999 . Section 2 . GENERAL FUND Total Fund Balance , January 1, 1999 Revenues Sales/Use Tax Property and Specific Ownership Tax Franchise/Occupation/Cigarette Tax Lice nse/Permits Inte:·governmental Revenue Charges for Services Cultural & Recreation Fines & Forfeitures Miscellaneous -1- 1999 BUD GET $ 5 ,054 ,242 17 ,000 ,000 1,993 ,8 3 9 2 ,320 ,800 633,375 1,330 ,900 1,270,240 1,319 ,784 537 ,500 391 400 10 b vii Total R ev e nues Other Financing Sources Total Sources of Funds Expenditures Legislation City Attorney's Office Municipal Court City Manager's Office Administrative Services (Human Resources) Financial Services Public Works Safety Services Neighborhood & Business Development Library Services Recreation Services Transfers Out Contingencies Total Use of Funds Total Fund Balance, December 31 , 1999 Section 3 . DEBT SERVICE FUNDS Community Center Bond Debt Service Fund Fund Balance, January 1, 1999 Revenues Expenditures Fund Balance , December 31 , 1999 1999 BUDGET $26 , 797,838 $ 2 .777 .500 $29 .575.338 198,014 549 ,279 562 ,147 520 ,364 583 ,590 2 ,167,351 4,054,131 12 ,208 ,825 1,394,940 999 ,105 3 ,812,818 $ 1,546 ,703 $ 165.000 $ 28 ,762 ,267 $ 5 ,867,313 $ 134,752 $ 447,600 $ 478 ,170 $ 104 ,182 Paving District -Englewood Commerce & Industry Center Debt Service Fund Fund Balance , January 1, 1999 $ <40 ,087> Revenues Expenditures Fund Balance , December 31, 1999 Concrete Replacement District 1992 Debt Service Fund Fund Balance , January 1, 1999 Revenues -2- $ $ $ $ $ 40,649 1,900 <1,338> <949> 17 ,246 • • • 1999 BUDGET • Expenditures $ 950 Fund Balance December 31, 1999 $ 15 ,347 Paving District #35 Debt Service Fund Fund Balance, January 1, 1999 $ <225,496> Revenues Miscellaneous $ 50,553 Expenditures $ 3 ,100 Fund Balance, December 31, 1999 $ <178 ,043> Paving District #36 Debt Service Fund Fund Balance , January 1, 1999 $ <10,186> Revenues Miscellaneous $ 4 ,188 Expenditures $ 400 • Fund Balance , December 31 , 1999 $ <6,398> Paving District #37 Debt Service Fund Fund Balance, January 1, 1999 $ 979 Revenues $ 2,836 Expenditures and Transfers $ 3 ,350 Fund Balance, December 31 , 1999 $ 465 Concrete Re12lacement District 1995 Fund Balance , January 1, 1999 $ <44,667> Revenues $ 10 ,676 Expenditures $ 750 Fund Balance, December 31 , 1999 $ <34 ,741> Section 4. SPECIAL REVENUE FUNDS Conservation Trust Fund Fund Balance , January 1, 1999 $ 240,413 • Revenues $ 317,500 -3- 1999 BUDGET • Expenditures $ 378,000 Fund Balance, December 31 , 1999 $ 179,913 Commercial Revolving Loan Fund Fund Balance, January 1, 1999 $ 142 ,604 Revenues $ 4,000 Expenditures $ 25,000 Fund Balance, December 31, 1999 $ 121 ,604 Community Develo:gm~nt Fund Fund Balance , January 1, 1999 $ -0- Revenues and Transfers In $ 100 ,000 Expenditures $ 100,000 Fund Balance, December 31, 1999 $ -0- Donors Fund • Fund Balance, January 1, 1999 $ 119,341 Revenues and Transfers In $ 179 ,600 Expenditures $ 177,609 Fund Balance, December 31, 1999 $ 121 ,332 Section 5. CAPITAL PROJECT FUNDS Public Im:grovement Fund Fund Balance , January 1, 1999 $ 781 ,968 Revenues $ 3 ,419 ,889 Expenditures $ 3,837,500 Fund Balance , December 31, 1999 $ 364,357 Ca:gital Projects Fund <FYQP) Fund Balance , January 1, 1999 $ 43 ,219 Revenues $ 1,596,703 Expenditures $ 1,546,7 03 • -4- , , 1999 BUDGET • Fund Balance, December 31 , 1999 $ 93,219 Paving District #38 Debt Service Fund Fund Balance , January 1, 1999 $ 22,531 Revenues $ 100,000 Expenditures and Transfers $ 90 ,500 Fund Balance, December 31 , 1999 $ 32 ,031 Section 6 . INTERNAL SERVICE FUNDS Servicenter Fund Funds Available, January 1 , 1999 $ 664,678 Revenues $ 1 ,364 ,9 04 Expenses $ 1, 18 5,674 Funds Available, December 31, 1999 $ 843,908 Ca:gital Egui:gmsint Re:gh;i,cement Fund • Funds Available , January 1, 1999 $ 830,128 Revenues $ 678 ,398 Expenses $ 41 2,7 15 Funds Available , December 31 , 1999 $ 1,095 ,811 Central Services Fund Funds Available, January 1, 1999 $ 28 ,030 Revenues $ 310,212 Expenses $ 276 ,455 Funds Available, December 31 , 1999 $ 61 ,787 Pro:gert:y: and Liability Self-Insurance Fund, also known as the Management of Risk Fund Funds Available , January 1 , 1999 $ 524,155 Revenues $ 718,606 Expenses $ 685,938 • Funds Available , December 31 , 1999 $ 556,823 -5- .. ~ 1999 BUDGET • Health Self-Insurance Fund. also known as the Emuloye~ Ben~fitQ Fund Funds Available , January 1, 1999 $ 1, 133, 706 Revenues $ 2 ,588, 136 Expenses $ 2,723,296 Funds Available , December 31 , 1999 $ 998,546 Section 7 . ENTERPRISE FUNDS Water Fund Funds Available , January 1, 1999 $ 5 ,222 ,163 Revenues $ 5,528 ,456 Expenses $ 9 ,076 ,925 Funds Available , December 31 , 1999 $ 1,673 ,694 Sewer Fund Funds Available , January 1, 1999 $18 ,383 ,209 Revenues $ 7,017 ,500 • Expenses $ 6 ,907 ,772 Funds Available, December 31, 1999 $18 ,492 ,937 Storm Drainage Fund Funds Available , January 1, 1999 $ 189,887 Revenues $ 135,800 Expenses $ 134,315 Funds Available , December 31, 1999 $ 191 ,372 Golf Course Fund Funds Available, January 1, 1999 $ 543 ,223 Revenues $ 1,933 ,538 Expenses $ 1,886 ,287 Funds Available , December 31, 1999 $ 590,474 • -6- 1999 BUDGET • Con crete Utility Fund Funds Available , January 1, 1999 $ 184,186 Revenues $ 525 ,000 Expenses $ 510,356 Funds Available , December 31 , 1999 $ 198 ,830 Proje ct Build Fund Funds Available , January 1, 1999 $ 952 ,552 Revenues $ 1 ,520 ,000 Expenses $ 1 ,500 ,000 Funds Available , December 31 , 1999 $ 972 ,552 Section 8. FIDUCIARY FUNDS Mallev Center Trust Fund Fund Balance , January 1, 1999 $ 305 ,203 Revenues $ 18,000 • Expenses $ 60 ,000 Fund Balance, December 31 , 1999 $ 263 ,203 Parks and RflQreation Trust Fund Fund Balance, January 1, 1999 $ 87 ,755 Revenues $ 15 ,000 Expenses $ 6 ,075 Fund Balance , December 31 , 1999 $ 96 ,680 S12ecial Assessment Sur12lus & Deficiency Fund Fund Balance, January 1, 1999 $ 50,120 Revenues $ 55 ,980 Expenses and Transfers $ 5 ,000 Fund Balance , December 31 , 1999 $ 101,100 • -7- 1998 BUDGET Section 9 . JOINT VENTURES LITTLETON/ENGLEWOOD WASTEWATER TREATMENT PLANT JOINT VENTURE Funds Available , January 1, 1999 $ 115,674 Revenues $12 ,257,644 Expenses $12 ,257 ,644 Funds Available , December 31 , 1999 $ 115 ,674 Section 10 . That the said budget as amended and accepted shall be a public record in the office of the City Clerk and shall be op e n to public inspection. Sufficient copies thereof shall be made available for the use of the City Council and the public, the number of copies to be determined by the City Manager. Introduced, read in full , and passed on first reading on the 5th day of October , 1998. Published as a Bill for an Ordinance on the 9th day of October, 1998. Read by title and passed on final reading on the 19th day of October, 1998. Published by title as Ordinance No.121., Series of 1998, on the 23rd day of October, 1998. I , Loucrishia A. Ellis , City Clerk of the City of Englewood, Colorado , hereby certify that the above and foregoing is a true co~19f the Ordinance pas d on final reading and published by title as Ordinance No . ·q, Series of 1998. -8- • • • .. • • • COUNCIL COMMUNICATION Date Agenda Item Subject Bills for Ordinances Adopting the 1999 Budget and Appropriating Funds for Fiscal October 5, 1998 11 a iii Year1999 Initiated By Staff Source Department of Financial Services Frank Gryglewicz , Director COUNCIL GOAL AND PREVIOUS COUNCIL ACTION City Council and staff held a 1999 Budget and Goals setting meeting on April 25, 1998. The City Council reviewed the City's Five Year Capital Plan (FYCP) at a study sessions held on July 20 , 1998 . The operating budgets for all City departments and funds were reviewed at a budget retreat held on September 19, 1998. A public hearing regarding the Proposed 1999 Budget was held on September 21, 1998. RECOMMENDED ACTION Staff recommends Council approve the proposed bills for ordinances adopting the 1999 budget and appropriating funds for fiscal year 1999 . BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED The Charter of the City of Englewood requires the City Council adopt bills for ordinances adopting the next year's Budget and Appropriation Ordinance no later than thirty days prior to the first day of the next fiscal year . FINANCIAL IMPACT The 1998 General Fund budget projects an ending fund balance of $5,867,313 or approximately 20 percent of General Fund total sources of funds for 1999. LIST OF ATTACHMENTS Proposed bills for ordinances