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HomeMy WebLinkAboutR19-086 4th Supplementary Budget and Appropriations for Fiscal Year 2019 Commissioner 4--1I— moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2019 - 0?)(p RESOLUTION ADOPTING A 4th SUPPLEMENTARY BUDGET AND APPROPRIATION OF UNANTICIPATED REVENUES FOR FISCAL YEAR 2019,AND AUTHORIZING THE TRANSFER OF BUDGETED AND APPROPRIATED MONIES BETWEEN VARIOUS SPENDING AGENCIES WHEREAS, the County has received certain unanticipated revenues, hereinafter described; and WHEREAS, said revenues were not anticipated at the time of the adoption of the 2019 budget and/or such revenues were not assured at the time of the adoption of the 2019 budget and therefore were not appropriated; and WHEREAS, in view of the needs of the various offices, departments, boards, commissions, and other spending agencies, it is also necessary to transfer certain previously budgeted and appropriated monies; and WHEREAS, the Board has the authority to expend such unanticipated or unassured revenues by enacting a supplementary budget and appropriation, and to transfer budgeted and appropriated revenues from one county fund to another county fund, pursuant to C.R.S. 29-1-109 and C.R.S. 29-1-111; and WHEREAS, Eagle County's Finance Director has determined that such budget appropriations are in compliance with the provisions of the Colorado Constitution, Article X, Section 20, also known as "Amendment One: The Taxpayer's Bill of Rights"; and WHEREAS, notice of this proposed supplementary budget has been published in a newspaper having general circulation within the territorial limits of the County of Eagle, State of Colorado, as required by the terms of C.R.S. 29-1-106. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the Board hereby authorizes a supplementary budget and appropriation of unanticipated revenues, unassured funds, and transfers from fund balance as described in Exhibit A attached hereto and incorporated herein by this reference. THAT, the Treasurer of the County of Eagle is hereby requested and directed to take all action necessary to effectuate the intent of this Resolution. THAT, the Eagle County Budget Officer is hereby requested and directed to immediately transmit an original or certified copy of this Resolution to the affected spending agencies and the officer or employee of the County of Eagle whose duty it is to draw warrants or orders for the payment of money. THAT, the Eagle County Budget Officer is hereby further requested and directed to file an original or certified copy of this Resolution with the Division of Local Governments in the Department of Local Affairs. THAT, this resolution is necessary for the public health, safety and welfare of the citizens of Eagle County, Colorado. MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at its regular meeting held the 11114 day of A.1I.N ,t tiM� , 2019. COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its y� oF EA����0BOARD OF COUNTY COMMISSIONERS ATTEST: - K : ' rir Clerk to the Board of •'ORADO J nne cQueen County Corn issioners Cha' • : iL/. i A --a - - ;Ft y ndler-Henry Commis loner Matt Scherr Commissi: -r Commissioner CDu-41— - seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: 2 Commissioner McQueeney 444" Commissioner Chandler-Henry - Commissioner Scherr 1.-ti 71/0 This resolution passed by vote of the Board of County Commissioners of the County of Eagle, State of Colorado 3 4th Supplemental Request to the 2019 Budget Coversheet To: Board of County Commissioners From: Finance Department CC: County Manager's Office, Elected Officials,and Department Heads EAGLE COUNTY Date: 11/15/2019 Finance Re: 4th Supplemental to the 2019 Adopted Budget Included in this memo are the following items: -A summary of the revenues and expenditures included in this supplemental request by fund.(Bottom of this page) -Request Summary.This sheet is a summary of all program and project requests.(Pages 2-3) -Project Description. This sheet provides details of each program or project request.(Pages 4-5) - Fund Balance/Net Position Summary. The purpose of this sheet to give a high level update of projected 2019 fund balance/net position for all Eagle County funds, including the impacts of the 2019 adopted budget and all budget amendments on fund balance/net position.(Page 6) The Full Time Equivalent/Personnel Committee is recommending no new positions in this supplemental. Following is a summary of the 4th Supplemental to the 2019 Adopted Budget request: Fund# Fund Name Revenues Expenditures 1001 -General Fund $ 1,375,139 $ 105,500 1100-Road and Bridge $ - $ 9,200 1151 -ECO Transit $ 2,115,533 $ 307,283 1152-ECO Trails $ 80,000 $ - 1153-RFV Transit $ 80,000 $ 80,000 1154-RFV Trails $ 10,000 $ 10,000 1155-Transportation Capital $ 405 $ 1,365,533 1160-Airport $ - $ 20,000 1209- Public Health $ 15,080 $ 16,080 1210-Mental Health $ 80,000 $ 333,042 1400-Housing Loans $ - $ 50,000 1410-Workforce Housing Rentals $ 6,000 $ 6,000 1442-Open Space $ 349,131 $ 7,500 1443-Open Space Preservation $ 119 $ 315,131 2150-Capital Improvements $ 600,000 $ 82,000 3660-The Valley Home Store $ 80,200 $ 221,277 3670-Eagle County Housing and Development Authority $ 994,000 $ - 3680-Lake Creek Village $ 173,430 $ 1,115,000 3700-Fleet $ - $ 140,000 3730-Insurance Reserve $ 94,694 $ 124,774 3790-Health Insurance $ - $ 17,000 3900-E911 Authority $ - $ 2,000 Total $ 6,053,731 $ 4,327,320 Page 1 4th Supplemental Request to the 2019 Budget Request Summary Fund Name Department Name project/Request Name Total Revenue Total Expenses 1001-General Fund Animal Shelter&Services Telephone Services $ - $ 1,000 Veterinarian Services $ - $ 6,000 Communications PEG Fund Equipment $ - $ 30,000 Engineering Final grant payment for El Jebel road construction project $ 408,980 $ - Facilities 2017 Lake Creek Rent $ - $ 15,000 Facilities Management 431 Broadway Garage Demolition $ - $ 20,000 Fair and Rodeo Increased Revenues and Advertising Expense $ 27,637 $ 5,000 Finance Increase in Projected Sales Tax Revenue $ 1,000,000 $ - Reduction in Projected Building Fees $ (175,000) $ - Sustainable Communities Wildfire Mitigation and EcoBuild Revenue $ 83,522 $ - Treasurer Operations Increased Interest and Treasurer Fees $ 30,000 $ 28,500 1001-General Fund Total $ 1,375,139 .$ 105,500 1100-Road and Bridge Treasurer Operations Increase in Treasurer Fees $ - $ 9,200 1100-Road and Bridge Total $ - $ 9,200 1151-ECO Transit ECO Transit AT&T phone-radio addition $ - $ 5,000 Real Time software system $ - $ 180,783 Vehicle Maintenance/Fuel Costs $ - $ 121,500 Finance Increase in Projected Sales Tax Revenue $ 750,000 $ - Finance Administrative Close Transportation Capital Fund and move dollars to a capital $ 1,365,533 $ - dept in the ECO Transit Fund 1151-EGO Transit Total $ 2,115,533 $ 307,283 1152-ECO Trails Finance Increase in Projected Sales Tax Revenue $ 80,000 $ - 1152-ECO Trails Total $ 80,000 $ - 1153-RFV Transit Finance Increase in Projected Sales Tax Revenue&Pass through $ 80,000 $ 80,000 Expense 1153-RFV Transit Total $ 80,000 $ 80,000 1154-RFV Trails Finance Increase in Projected Sales Tax Revenue&Pass through $ 10,000 $ 10,000 Expense 1154-RFV Trails Total $ 10,000 $ 10,000 1155-Transportation Capital Finance Administrative Close Transportation Capital Fund and move dollars to a capital $ 405 $ 1,365,533 dept in the ECO Transit Fund 1155-Transportation Capital Total $ 405 $ 1,365,533 1160-Airport Treasurer Operations Increase in Treasurer Fees $ - $ 20,000 1160-Airport Total $ ' - $ 20,000 1209-Public Health Public Health Additional grant funds awarded by Office of Planning, $ 5,080 $ 5,080 Partnerships and Improvement Tobacco License Fees $ 10,000 $ 10,000 Treasurer Operations Increase in Treasurer Fees $ - $ 1,000 1209-Public Health Total $ 15,080 $ 18,080 1210-Mental Health Finance Increase in Projected Sales Tax Revenue $ 80,000 $ - Public Health Mental Health Fund-Additional funds needed to cover $ - $ 331,542 contractual agreements Treasurer Operations Increase in Treasurer Fees $ - $ 1,500 1210-Mental Health Total $ 80,000 .$ ' 333,042 1400-Housing Loans Housing Increase Down Payment Assistance loan repayments $ - $ 50,000 1400-Housing Loans Total $ - $ 50,000 1410-Workforce Housing Rentals Housing 431 Broadway $ 6,000 $ 6,000 1410-Workforce Housing Rentals Total $ 8,000 $ 8,000 1442-Open Space Open Space Close Open Space Preservation Reserve Fund $ 315,131 $ - Treasurer Operations Increased Interest and Treasurer Fees $ 34,000 $ 7,500 1442-Open Space Total $ 349,131 .$ 7,500 1443-Open Space Preservation Open Space Close Open Space Preservation Reserve Fund $ 119 $ 315,131 1443-Open Space Preservation Total $ 119 $ 315,131 2150-Capital Improvements Finance Increase in Projected Sales Tax Revenue $ 600,000 $ - Project Management Coroner's Building Improvements $ - $ 82,000 2150-Capital Improvements Total $ 800,040 $ ,82,000 3660-The Valley Home Store Housing Distribution of Revenues to ECHDA $ 58,687 $ 200,000 Personal Transactions $ 21,513 $ 21,277 3680-The Valley Home Store Total $ 80,200 $ 221,277 3670-Eagle County Housing and Development Housing 431 Broadway $ (6,000) $ - Authority Revenues from LCV and NHS $ 1,000,000 $ - 3670-Eagle County Housing and Development $ 994,000 $ - Authority Total Page 2 ` 4th Supplemental Request to the 2019 Budget Request Summary Fund NameOepetfinetttNeme , prolectiRegaestName -. Total Revenue Total Expenses 3680-Lake Creek Village Housing 2018 Surplus Cash Distribution in 2019 $ - $ 800,000 Additional revenues and expenditures for Lake Creek Village $ 173,430 $ 315,000 3680-Lake Creek Wage Total 8 173,434 .1115000 3700-Fleet Fleet Services Parts&Operating Supplies $ - $ 140,000 3700-Fleet Total $ - :. S 140,000 3730-Insurance Reserve Facilities Management Repair damaged vehicles $ 94,694 $ 124,774 3730-Insurance Reserve Total $ 94,894 $ 124.774 3790-Health Insurance Human Resources Wellness Program-Fitness Class Benefit $ - $ 17,000 3790-Health Insurance Total $ - $ .17,000 3900-E911 Authority Treasurer Operations Increase in Treasurer Fees $ - $ 2,000 3900-E911 Authority Total • ..$. 5.,. .2,000 Grand Total # 6,$3,781 $ 0249120 • Page 3 4th Supplemental Request to the 2019 Budget Project Description ProjectlRequest Name Project/Request Brief Description 2017 Lake Creek Rent Facilities pays rent to Housing for the use of office space in the Lake Creek Village Apartments community center. 2017 rent never got paid so we are requesting to add this to our budget. 2018 Surplus Cash Distribution in 2019 This is a distribution per the 2018 Audit during the 2019 fiscal year from the surplus cash. The surplus cash calculation was$891 k and this distribution is for$800,000 to the ECHDA for housing operations. 431 Broadway To move operating revenues and expenses of 431 Broadway from ECHDA(property manager)to ECG Fund 1410(property owner). 431 Broadway Garage Demolition Demo of garage at 431 Broadway Additional grant funds awarded by Office of Eagle County Public Health was awarded additional funds by the Office of Planning,Partnerships Planning,Partnerships and Improvement and Improvement effective November 1st 2019. Additional revenues and expenditures for Lake To record additional revenue-$40,000 grant from Walking Mountains for the playground,ad Creek Village $34k for miscellaneous revenue,and$look for Energy Outreach Colorado. Associated expenditures include updating the playground,performing maintenance and replacement of boilers. AT&T phone-radio addition Through AT&T,the cell phones that the Road Supervisors use can now accommodate the ability to radio a specific bus.This cost is a one-time only fee associated with upgrading and updating the phones.This will allow the Road Supervisors the ability to contact a bus instantly,which will assist with emergencies and safety. Close Open Space Preservation Reserve Fund Open Space currently has an operations fund and a preservation reserve fund. It is important to the county and to the Open Space Advisory Committee to save funds for future projects, however we can accomplish this more easily and consistently with other departments if we set up a separate department within the Open Space Fund and close the Open Space Preservation Reserve fund. Close Transportation Capital Fund and move For ease and transparency,we will close out the separate ECO Transit Capital Fund and create a dollars to a capital dept in the ECO Transit Fund separate department within the ECO Transit fund from which major capital items will be purchased. Having both departments together within the same fund will be helpful as many federal grants are reimbursements,so the buses need to be purchased and paid for before the grant dollars are received. Coroner's Building Improvements Coroner's Office Remodel-Contracted price for this remodel came in higher than expected. $282k was originally budgeted and an additional$82k is needed to accomplish a build-out of the space for use in the Coroner's operations. Distribution of Revenues to ECHDA The Valley Home Store would like to distribute excess revenues from 2019 and previous years to the Eagle County Housing and Development Authority. Do not delete this line from All Projects List Final grant payment for El Jebel road This is the final grant revenue related to the El Jebel road construction project. The work for this construction project project has been completed. Increase Down Payment Assistance loan We offered an incentive for borrowers to repay their loans in an effort to get the fund to revolve. repayments DPA is sufficiently funded.This supplemental increases the funding in loan programs fees from ECG to ECHDA. Increase in Projected Sales Tax Revenue Sales tax has been higher than budgeted through November(sales tax earned through September). We are increasing the budget to match our projected revenue. Increase in Projected Sales Tax Revenue&Pass Expenses in this fund represent the pass-through of sales tax dollars collected in the Roaring through Expense Fork Valley to the Roaring Fork Transportation Authority. As our sales tax collections have been higher than budgeted,we need to increase the appropriation of this fund. Increase in Treasurer Fees The Treasurer is statutorily required to collect a 1%fee on most revenue collected by the office. Due to higher than expected revenue and/or adjustment of payment codes,more Treasurer Fees were charged than originally budgeted. Increased Interest and Treasurer Fees The Treasurer is statutorily required to collect a 1%fee on most revenue collected by the office. Due to higher than expected revenue and/or adjustment of payment codes,more Treasurer Fees were charged than originally budgeted. Additionally,investment earnings increased in this fund due to a higher fund balance and additional investment earnings on county dollars. Page 4 4th Supplemental Request to the 2019 Budget Project Description Project/RegUest Name Project/Request Brief Description Increased Revenues and Advertising Expense Adding additional revenue because we earned more than budgeted. We incurred additional costs for advertising for the 80th annual event and additional costs for production of the annual event. Mental Health Fund-Additional funds needed to We are requesting additional funds for school and jail based counselors,crisis response,Eat Chat cover contractual agreements Parent,bilingual therapists and suicide prevention training. Parts&Operating Supplies Unplanned major repairs to ECO Transit buses have required additional funding for this account. PEG Fund Equipment Equipment that qualifies for PEG fund dollars is needed. The equipment list includes field acquisition cameras,wireless mic system for the Holy Cross room,and two wireless video transmitters for the Holy Cross room. Personal Transactions To record additional revenue from personal transactions for TVHS staff in 2019. Personal transactions are allowed per TVHS policy,and revenue less associated expense is paid to the broker. Real Time software system Real Time software system for ECO Transit. This component will integrate with existing Intelligent Transit Systems(ITS)to include the ability for passengers to see vehicles actual location and adjusted arrival/departures. This system is a key component of the Transit Hub system currently in development. Reduction in Projected Building Fees The building department permit and plan check fees are projected to be lower than budgeted for 2019. Repair damaged vehicles When vehicles are damaged the vehicle repair work is charged to this fund. We had additional accidents in 2019,and the Fleet shop is also able to repair the vehicles more quickly than expected. Revenues from LCV and TVHS Lake Creek Village and The Valley Home Store both have excess revenue and will transfer it to ECHDA for use on other priority housing projects and the operations of the housing department. Telephone Services An oversight on budgeting for 2019 has caused us to come up short for staff cell phones. Tobacco License Fees The BoCC recently approved a tobacco license fee to go into effect for unincorporated Eagle County.The fee is$500,it will effect approximately 20 establishments and it is due to the county by November 1st for the establishment to be in compliance. Related expenses include compliance checks,advertising the new rules,purchasing program supplies(ie.window clings) and credit card fees. Vehicle Maintenance/Fuel Costs To cover additional Bus maintenance charges and fuel from Fleet and the Town of Avon and to record higher than initially budgeted sales tax revenue. This will be covered by increased revenue. Veterinarian Services Animal Shelter&Services is seeking additional funds for vet services. This includes contracted vet services for regular care of the animals at the shelter,but also includes funds for emergency vet services. Wellness Program-Fitness Class Benefit The benefit of free fitness classes was more highly utilized than expected. Wildfire Mitigation and EcoBuild Revenue We have reveived more revenue for Wildfire Mitigagion and EcoBuild than we originally budgeted,so would like to reflect that in the budget. We are also adding grant revenue received for wildfire mitigation projects to the budget. Page 5 4th Supplemental Request to the 2019 Budget Fund Balance/Net Position 4th Supplemental Requests Updated Audited 12/31/18 2019 Amended Projected 12/31/19 Projected 12/31/19 Fund Balance/Net Budget Net Fund Balance/Net Fund Balance/Net Position Revenue Position Revenue Expenses Position 1001-General Fund $ 31,565,466 $ (4,929,662) $ 26,635,804 $ 1,375,139 $ 105,500 $ 27,905,443 1100-Road and Bridge $ 6,617,780 $ 439,608 S 7,057,388 $ - $ 9,200 $ 7,048,188 1110-Human Services $ 2,520,481 $ (431,535) $ 2,088,946 $ - $ - $ 2,088,946 1140-Offsite Road Improvements $ 931,955 $ (162,000) $ 769,955 $ - $ - $ 769,955 1151-ECO Transit $ 4,196,457 $ (852,022) $ 3,344,435 $ 2,115,533 $ 307,283 $ 5,152,685 1152-ECO Trails $ 2,120,000 $ (1,523,119) $ 596,881 $ 80,000 $ - $ 676,881 1153-RFV Transit $ 138,123 $ - $ 138,123 $ 80,000 $ 80,000 $ 138,123 1154-RFV Trails $ 13,944 $ - $ 13,944 $ 10,000 $ 10,000 $ 13,944 1155-Transportation Capital $ 1,365,128 $ - $ 1,365,128 $ 405 $ 1,365,533 $ - 1160-Airport $ 4,431,775 $ (2,163,464) $ 2,268,311 $ - $ 20,000 $ 2,248,311 1170-Conservation Trust $ 88,144 $ (1,501) $ 86,643 $ - $ - $ 86,643 1180-800 MHz $ 1,008,400 $ 4,246 S 1,012,646 $ - $ - $ 1,012,646 1191-Emergency Reserve(TABOR) $ 2,701,616 $ 27,000 $ 2,728,616 $ - $ - $ 2,728,616 1209-Public Health $ 503,387 $ (169,200) $ 334,187 $ 15,080 $ 16,080 $ 333,187 1210-Mental Health $ 894,601 $ - $ 894,601 $ 80,000 $ 333,042 $ 641,559 1400-Housing Loans $ 1,108,738 $ (270,000) $ 838,738 $ - $ 50,000 $ 788,738 1401-Housing Operations $ 932,515 $ - $ 932,515 $ - $ - $ 932,515 1410-Workforce Housing Rentals $ - $ - $ - $ 6,000 $ 6,000 $ - 1442-Open Space $ 2,225,845 $ 3,228,573 $ 5,454,418 $ 349,131 $ 7,500 S 5,796,049 1443-Open Space Preservation $ 311,512 $ 3,500 $ 315,012 $ 119 $ 315,131 $ - 2150-Capital Improvements $ 6,038,937 $ (2,643,029) $ 3,395,908 $ 600,000 $ 82,000 $ 3,913,908 3600-Landfill $ 15,601,150 $ 395,822 $ 15,996,972 $ - $ - $ 15,996,972 3650-Eagle County Air Terminal Corp $ 29,140,175 $ (21,280,680) $ 7,859,495 $ - $ - $ 7,859,495 3660-The Valley Home Store $ 166,281 $ 19,691 $ 185,972 $ 80,200 $ 221,277 $ 44,895 3670-Eagle County Housing and Development Auth $ 15,306,754 $ (1,126,287) $ 14,180,467 $ 994,000 $ - $ 15,174,467 3680-Lake Creek Village $ 1,054,161 $ 582,205 $ 1,636,366 $ 173,430 $ 1,115,000 S 694,796 3700-Fleet $ 16,780,118 $ (1,305,425) $ 15,474,693 $ - $ 140,000 $ 15,334,693 3730-Insurance Reserve $ 240,343 $ (100,000) $ 140,343 $ 94,694 $ 124,774 $ 110,263 3790-Health Insurance $ 10,321,686 $ (2,576,388) $ 7,745,298 $ - $ 17,000 $ 7,728,298 3900-E911 Authority $ 422,922 $ (256,329) $ 166,593 $ - $ 2,000 $ 164,593 3990-Golden Eagle $ 282,682 $ (11,345) S 271,337 $ - $ - $ 271,337 Total $ 159,031,076 $ (35,101,341) $ 123,929,735 $ 6,053,731 $ 4,327,320 $ 125,656,146 Page 6