HomeMy WebLinkAbout2024-10-15 Agenda and Supporting Documentation Town Council Afternoon Meeting1.Call to Order (1:35pm)
2.Presentation/Discussion (1:35pm)
2.1 Capital Budget Preview (1:35pm)90 min.
Listen to presentation and provide feedback.
Presenter(s): Carlie Smith, Finance Director
Background: The purpose of this work session is to provide
Council with more in-depth information on the town's proposed
5-year capital expenditure plan, including significant capital
projects proposed as a part of the 2025 budget.
2.2 Compensation & Benefits (3:05pm)45 min.
Listen to presentation and provide feedback.
Presenter(s): Krista Miller, Director of Human Resources
Background: As part of the 2025 budget process, staff
presents to Council a preliminary overview of compensation
and benefits.
2.3 VLHA Semi-Annual Housing Update (3:50pm)30 min.
Listen to presentation and provide feedback.
Presenter(s): Jason Deitz, Housing Director
Background: The purpose of this presentation is to highlight a
look back into recent Housing efforts and a strategic look
forward for delivering on housing in the Vail community.
3.DRB/PEC (4:20pm)
3.1 DRB/PEC Update (5 min.)
4.Information Update (4:25pm)
VAIL TOWN COUNCIL MEETING
Afternoon Session Agenda
Town Council Chambers and virtually by Zoom.
Zoom meeting link: https://vail.zoom.us/webinar/register/WN_r5XpZTSiQOawusiwdpa8Bw
1:35 PM, October 15, 2024
Notes:
Times of items are approximate, subject to change, and cannot be relied upon to determine what time
Council will consider an item.
241015 Capital Preview Memo
241015 Capital Preview Attachment A - Project Narratives
241015 Council Capital Preview Presentation
2024-10-15 Comp Bene Budget Presentation, 2025 budget
2024_10_15 Comp Bene Budget Presentation 2025 budget
Housing Update to Council 10152024.pdf
DRB Results 10-2-24
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4.1 July 18, 2024 VLMDAC Meeting Minutes
4.2 August 15, 2024 VLMDAC Meeting Minutes
4.3 September 4, 2024 VLMDAC Special Meeting Minutes
4.4 September 9, 2024 AIPP Meeting Minutes
4.5 September 24, 2024 VLHA Meeting Minutes
4.6 November 5, 2025 Election Important Information
4.7 West Lionshead Update
5.Matters from Mayor, Council, Town Manager and Committee Reports (4:25pm)
5.1 Matters from Mayor, Council and Committees (15 min.)
5.2 Town Manager Report (5 min.)
5.3 Council Matters and Status Report
6.Recess 4:45pm (estimate)
VLMDAC Meeting Minutes July 18, 2024
VLMDAC Meeting Minutes August 15 2024
VLMD September 4 2024 Special Meeting Minutes
September 9, 2024 Minutes
2024-09-24 VLHA Minutes
TC Election Memo
West Lionshead P1 Council Update_v2
TM Update 080624
241015 Matters
Meeting agendas and materials can be accessed prior to meeting day on the Town of Vail website
www.vail.gov. All town council meetings will be streamed live by High Five Access Media and available
for public viewing as the meeting is happening. The meeting videos are also posted to High Five Access
Media website the week following meeting day, www.highfivemedia.org.
Please call 970-479-2136 for additional information. Sign language interpretation is available upon
request with 48 hour notification dial 711.
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AGENDA ITEM NO. 2.1
Item Cover Page
DATE:October 15, 2024
TIME:90 min.
SUBMITTED BY:Carlie Smith, Finance
ITEM TYPE:Presentation/Discussion
AGENDA SECTION:Presentation/Discussion (1:35pm)
SUBJECT:Capital Budget Preview (1:35pm)
SUGGESTED ACTION:Listen to presentation and provide feedback.
PRESENTER(S):Carlie Smith, Finance Director
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
241015 Capital Preview Memo
241015 Capital Preview Attachment A - Project Narratives
241015 Council Capital Preview Presentation
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TO: Vail Town Council
FROM: Town Manager / Department Heads
DATE: October 15, 2024
SUBJECT: 2025 Capital Improvement Program
I. SUMMARY
On August 6th, Town Council held a budget retreat as the start of the annual budget process.
Outcomes from that meeting, along with the Council strategic plan and public input from
community surveys have been incorporated into the preliminary 2025 capital improvement plan.
The purpose of this work session is to provide Council with more in-depth information on the
town’s proposed 5 year capital expenditure plan, including significant capital projects proposed
as a part of the 2025 budget.
Feedback gathered from Council will be included into the 2025 Town Manger Budget Draft
presented to Council at the November 5th meeting.
II. BACKGROUND
The Town’s Capital Improvement Program is funded by the Capital Projects Fund, Housing
Fund, Real Estate Transfer Tax Fund, and Vail Reinvestment Authority. For the purpose of
today’s discussion, details regarding department operating programs funded by the Real Estate
Transfer Tax Fund have also been included, although they are not considered a capital
expenditures.
In accordance with the Town’s budget philosophies, funding of ongoing department
operations (parks, environmental, wildland fire, and art in public places), debt service
payments, and maintaining the town’s current assets are prioritized in this 5-year plan
along with the Council’s strategic plan initiatives. Also in accordance with town budget
philosophies, the capital budget funds reflect sustainable budgets with ongoing annual costs
funded within the normal annual revenue streams. In order to maintain a balanced, sustainable
plan, reserves are only proposed to fund one-time and non-routine budget requests.
These one-time or non-routine budget requests were considered on the basis of alignment with
several topics of importance to Town Council and the community.
The 2024 Council Strategic Plan identifies the following priority areas:
• Create a strong community and create affordable housing opportunities
• Support our Workforce
• Provide an Authentic Vail Experience
• Transportation
• Environmental Sustainability
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Town of Vail Page 2
Additionally, other one-time budget requests were considered if they were necessary to maintain
public safety, or an excellent level of customer-service.
The 2025 capital plan proposes a total of $79.2M in capital expenditures. These are broken
out by priority in the below chart. Noncapital related expenditures such as department operating
costs, programs, and debt service payments funded within the Capital Projects Fund and Real
Estate Transfer Tax Fund are not included in the chart.
III. 2025 CAPITAL BUDGET
For today’s discussion, staff has provided a preliminary five-year capital plan for the Capital
Projects Fund, Housing Fund and the Real Estate Transfer Tax Fund. Staff has included project
narratives for larger, more significant projects proposed for 2025, or for projects newly added to
the 5-year plan. Narratives are intended to provide Council and the public with detailed
information and to allow for Council inquiries and feedback before the budget ordinance
readings. Projects which include narratives are indicated by the orange color within the 5-year
plan documents. Project narratives are included in Attachment A.
In addition, items are color-coded if they are new additions, have a cost increase, or have a
change in timing (budget year) when compared to the previous 5 year plan.
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing changed from prior 5-year plan
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It should be noted that while Council may appropriate a project in the budget, that doesn’t mean
the project goes forward without additional Council feedback, discussion, and approval.
Five main sources of revenue fund the town’s capital improvement program: General 4.0%
Sales Tax, 0.5% Housing Sales Tax, Construction Use Tax, Real Estate Transfer Tax, and Tax
Increment Finance (TIF) from the Vail Reinvestment Authority. Grant funding is also a common
source of funding for capital projects however grant funding is budgeted only when awarded.
4.0% General Sales Tax collections are shared between the General Fund and Capital Projects
Fund with a 62/38 split. 2025 sales tax collections are projected at $42.1M, up 1.0% from the
2024 forecast and up 0.5% from 2023 actuals. The Capital Projects Fund will be allocated 38%,
or $16.0M of sales tax collections.
Housing Sales Tax collections are estimated at $5.2M. 2025 collections are projected in
alignment with the town’s general 4.0% sales tax revenues.
Construction Use Tax tends to fluctuate annually and is projected conservatively at $2.2M.
This is based on 2% increase from the 2024 budget and does not consider any large one-time
projects. Currently, staff is not aware of any large projects planned in 2025.
Real Estate Transfer Tax revenues for 2025 are projected conservatively at $7.6M. This
represents a 1.3% decrease from the 2024 forecast, and a 5.0% decrease from 2023 actual
collections. RETT collections in 2026 through 2029 are projected with 1% annual increase. This
forecast represents the ongoing normalization of RETT following the record years of 2020-2022.
Together, expenditures for the town’s three main funds used for capital expenditures,
Capital Projects Fund, Housing Fund, and Real Estate Transfer Tax Fund, are proposed
at $86.8M for 2025. This includes $1.4M of debt service payments, department operating
and program costs of $6.0M, $8.6M of capital maintenance, and $70.6M of capital
improvements and acquisitions.
CAPITAL PROJECTS FUND
The 2025 Capital Projects Fund expenditure budget is proposed at $66.3 million.
Included within that, is $7.6M for annual capital maintenance of the town’s current assets
and a proposed $52.9M for asset additions and major improvements. Capital
maintenance includes projects such as parking structure repairs, asphalt patching and
overlays, audio-visual updates, and repairs to neighborhood bridges. New and/or
significant expenditures being proposed in 2025 include the following:
• Redevelopment of the Dobson Arena ($50.4M)
• Town-Wide handheld radio replacement ($1.0M)
• Design of pedestrian improvements on the South Frontage Road ($300.0K)
EXPENDITURES
REVENUE
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Town of Vail Page 4
• Design of pedestrian improvements through Main Vail Roundabout ($200.0K)
• Rapid Flashing Beacons on Bighorn Road and Vail Valley Drive ($150.0K)
• Car Share Program Infrastructure ($117.7K)
The majority of the $66.3M Capital Projects Fund budget for 2025 is proposed for the
redevelopment of Dobson Arena, budgeted at $50.4M in 2025. The total cost of this
project, including what has been allocated within the 2023/2024 budgets, is $55.4M.
Within the Capital Project Fund plan, staff has included a conservative financing model
placeholder utilizing a higher amount of fund balance for this project for the 5-year plan.
However, Council has not finalized financing decisions on this project. The assumption
included in the 5 year plan reflects financing this project utilizing the Vail Reinvestment
Authority and generating bond proceeds of $24.7M. The remainder of the project would
be funded by:
• Current VRA Fund balance: $9.2M
• VRD: $3.0M (ice system)
• RETT: $762.5K
• CPF: $17.2M
Other financing options could include additional bond proceeds while utilizing less Capital
Projects Fund Balance. Staff will return at a later date to discuss Dobson's financing
options.
Within the Council strategic plan, Council has identified Housing as a priority. In addition
to utilizing Housing Tax Funds to fund housing-related capital projects, the 2025 Capital
Projects Fund budget includes $12.7M towards housing projects (reflected as a transfer
to the Housing Fund). This includes the annual $2.5M allocation to the Housing Fund for
Capital
Maintenance,
$7.56M, 10%
Asset
Additions/Major
Improvements,
$52.93M , 72%
Debt
Service,
$1.16M, 2%Housing Fund
Transfers,
$11.50M, 16%
2025 Proposed Capital Project Funds Expeditures:
$73.1M
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Town of Vail Page 5
the Vail InDeed program. Historically, these funds have been designated specifically for
the Vail InDeed program; however, over the past several years, Vail InDeed applications
have decreased, leaving unused funds. With Council’s approval excess funds have been
utilized towards other community housing purchases and projects such as the
Residences at Main Vail and community buy-downs. Staff recommends designating
these funds more broadly towards community housing projects instead of just the InDeed
program to reflect the actual use of the funds better. Priority will still be given to the Vail
InDeed program.
The Capital Projects Fund also includes a $9.0M transfer to the Housing Fund for the
West Middle Creek project. The Housing Fund section of this memo includes additional
information on this project.
Historically, new Town of Vail employee rental units and major capital maintenance have
been paid for directly from the Capital Projects Fund. As part of the draft budget, staff will
be proposing a separate fund to track the revenues and costs of the internal employee
housing program. The 5-year capital plan proposes a transfer to this new Internal
Employee Rental Housing fund to purchase the new units. This annual funding is the
same as the prior 5-year plan, and has no net-impact to the Capital Projects Fund. Staff
will provide full detail of this proposed Internal Employee Housing Fund at the November
5th meeting.
The Capital Projects Fund is forecasted to utilize $24.1M of Fund Balance during 2025.
The projected fund balance at the end of 2025 is $4.4M. This is above the minimum of
25% of sales tax revenue ($4.0M).
REAL ESTATE TRANSFER TAX FUND
The 2025 Real Estate Transfer Fund expenditure budget totals $9.2M. The budget
includes $1.0M of capital maintenance projects including VRD-managed facility
maintenance, recreation path maintenance, park improvements, pedestrian bridge
rehabilitation, and landscaping. An additional $1.9M is proposed for asset additions and
major improvements, including the following:
• Gore Creek Promenade Rehabilitation placeholder ($750.0K)
• Ford Park lower bench turf and irrigation system ($300.0K)
• Design of Gore Valley Trail separation along Bighorn Road ($250.0K)
• Bighorn Park Play Area Improvements ($150.0K)
• Streambank Mitigation along at Ford Park and Mill Creek ($140.0K)
In addition, the Real Estate Transfer Tax funds four of the town’s departments,
programming, and qualified contributions to town partners. A total of $4.4M represents
funding for wildland, art in public places, parks, and environmental department operating
budgets while $1.6M is proposed for programs such as Fire Free Five rebates,
composting education and incentives, E-Bike programs, and Winterfest.
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Town of Vail Page 6
The Real Estate Transfer Tax Fund will utilize $1.1M of reserves during 2025 and has a
projected ending fund balance of $7.7M.
Over the next five years, annual operating and capital maintenance expenditures are
sustainably funded within annual revenues. Average annual revenue projections of
$8.0M are prioritized to cover operations averaging $4.4M, capital maintenance
averaging $1.2M, and annual community programming averaging $1.2M. Reserves are
projected to remain above the reserve minimum balance of $2.0M throughout the 5-year
plan, with the lowest projected reserve balance of $4.8M in 2029. Normal annual
expenditures do not include new projects, one-time programs, and improvements to
current assets, which require reserves spending.
Operating, $4.28M,
47%
Maintenance,
$1.06M, 12%
New/Major
Improvements,
$1.90M, 21%
Programs, $1.61M,
17%
Contributions, $140.63K, 1%Debt Service, $200.06K, 2%
2025 Proposed RETT Fund Expenditures
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Town of Vail Page 7
HOUSING FUND
The 2025 budget includes $15.8M of expenditures for community housing
programs and projects. This includes a $10.0M placeholder the Town has committed to
funding for the West Middle Creek housing project. This amount is offset by a $9.0M loan
from the Capital Projects Fund, and a $1.0M loan from the General Fund which is to be
repaid during 2027 and 2028. The West Middle Creek project is estimated to cost
$161.0M. Town staff, in collaboration with the Vail Local Housing Authority and the
Town’s financial advisers, Hilltop Securities, are researching a feasible financial model for
the project.
Also included is $1.5M of funding for the InDEED program and a $2.0M contribution for
Habitat for Humanity to purchase Timber Ridge units for their community home
ownership program. A $2.5M transfer from the Capital Projects Fund will fund the $1.5M
of InDeed program expenditures and $1.0M of the total $2.0M Habitat for Humanity
contribution.
CAPITAL RESERVES
The Town is projected to spend a combined net $23.1M of Capital Fund, RETT, and
Housing Fund reserves during 2025. The chart below illustrates a three-year reserve
history along with a current and five-year projection. Total capital reserves are projected
to reach their lowest during 2025 at $14.1M. However, these reserves can be used
towards a variety of potential projects that remain unfunded, such the development of the
West Middle Creek, redevelopment of the Municipal Complex, regional housing
collaborations in Eagle-Vail, or a permanent location for the Children’s Garden of
Learning.
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Town of Vail Page 8
UNFUNDED PROJECTS
Within the 5-year Capital Projects Fund plan, the following projects are unfunded:
• West Vail Roundabout Lighting Project ($2.4M)
• Vail Village and Lionshead Bollard Installation ($1.3M)
• Permanent Location for Children’s Garden of Learning
• Municipal Complex Redevelopment
• Vail Village Transit Center Improvements
• West Vail Master Plan Outcomes
Within the 5-year Real Estate Transfer Tax Fund plan, the following projects are
unfunded:
• Gore Valley Trail improvements near Lionshead Gondola
Within the 5-year Housing Fund plan, the following projects are unfunded:
• West Middle Creek Housing Development ($161.0M)
• Development of CDOT East Vail Housing Parcel
• CDOT Eagle-Vail parcel (partnership with other municipalities)
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Town of Vail Page 9
ACTION REQUESTED
Staff requests feedback from Council in preparation for the Town Manager’s budget, which will
come before Council for the first look on November 5th, with ordinance readings on November
19th and December 3rd.
• Does Council agree with the proposed capital plan?
• Would Council like to re-prioritize any unfunded projects by moving them to the
five-year plan, and moving other projects to the unfunded list in their place?
• Are there any other changes or additions to the Capital, Housing or RETT fund
proposed expenditures?
• Does Council support broadening the use of the annual $2.5M transfer to the
Housing Fund to include all community housing purchases and projects?
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Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from Prior 5-year Plan
2024 2024
Amended Forecast 2025 2026 2027 2028 2029
Revenue
Total Sales Tax Revenue: 40,850,000$ 41,647,258$ 42,064,000$ 42,905,000$ 43,763,000$ 44,638,000$ 45,531,000$ 2026 - 2029: 2% Increase
Sales Tax Split between General Fund & Capital Fund 62/38 62/38 62/38 62/38 62/38 62/38 Sales tax split 62/38
Sales Tax - Capital Projects Fund 15,523,000$ 15,826,000$ 15,984,000$ 16,304,000$ 16,630,000$ 16,962,000$ 17,302,000$
Use Tax 2,040,000 2,400,000 2,200,000 2,244,000 2,289,000 2,335,000 2,382,000 2026 - 2029: 2% Increase
Franchise Fee 1,126,672 1,126,672 - - - - - 2024: Utilize 1% Franchise Fee for Holy Cross underground utilities project;
Federal Grant Revenue 3,464,882 3,464,882 - - - - - 2024: Re-appropriate Hickenlooper/Bennet Federal grant award for two electric buses
($1.65M); and 5339 (B) Federal Grant towards two electric buses ($1.8M);
Other State Revenue 3,600,276 3,600,276 - - - - -
2024: MMOF grant towards Mobility Hub Design ($750K); Re-appropriate CDOT grant towards
four electric buses ($2.0M), CDOT grant towards four electric bus chargers ($255.7K),
remaining MMOF Grant for l&d and bollards($164.4K), fleet charging station grant ($30K);
Colorado Energy Office grant towards the design of Geothermal Energy project ($250K);
Lease Revenue 172,270 172,270 172,270 172,270 172,270 180,884 180,884 Per Vail Commons commercial (incr. every 5 years);
Project Reimbursement- TR Land Reimbursement - - - 4,399,500 - - - 2026: Timber Ridge Land Reimbursement
Project Reimbursement 774,437 774,437 - - - - - 2024: Utilize Holy Cross Enhancement Fund for HCE Underground Utility Project; Total
balance $774,437
Timber Ridge Loan repayment 468,933 462,955 468,977 464,423 3,074,541 - - 2027: Payoff of Timber Ridge Loan using proceeds of new Timber Ridge unit sales
Earnings on Investments and Other 284,708 1,200,000 861,957 87,502 311,760 392,068 468,191 2025: 3% return assumed; 2026-2029: 2.5% return assumed
Total Revenue 27,455,178 29,027,492 19,687,204 23,671,695 22,477,571 19,869,952 20,333,075
Expenditures
Facilities
Facilities Capital Maintenance 942,987 942,987 430,000 360,000 487,500 315,000 527,500
2024 includes: PW 30% roof replacement ($75K), Buzzard Park repairs ($75K), Buzzard Park
roof repairs ($50K), transit office windows and doors ($25K), PW overhead garage door
($50K), PW carpet replacement ($50K); Additional funds for Transit Office Air Handler
Engineering and Library Air Handler Engineering using 2023 savings from Municipal Complex
Maintenance ($473.5K);
2025 includes: Fire Station Furniture Replacement ($50K), Fire Station II Overhead
garage doors ($20K), Library Boiler Replacement ($40K), Library Furniture Replacement
($50K);
2026 includes: Lionshead Transit Center Repairs ($50K), Buzzard Park washer/dryer
replacement ($15K); Transit Office carpet replacement ($15K);
2027 includes: Lionshead transit center exterior stain ($45k), Lionshead welcome center 1st
floor and Grandview flooring replacement ($100k), PW Shop & Bus Barn Roofing 30% ($75K),
PW Shop boiler replacement ($35K), ford park lift station pump ($40K);
2028 includes: Fire Station II Sloped Roof Replacement ($50K), public works administration
hot water heater replacement ($40K), vail valley drive lift station ($40k); 2029 Includes: PW
Shop & Bus Barn Roofing 30% replacement ($75K), Library Carpet Replacement ($50K)
Municipal Complex Maintenance 1,285,000 1,285,000 260,000 10,000 - 10,000 220,000
2024: Re-appropriate remaining funds for Muni HVAC Replacement ($1.0M);
2025 includes: Police Department Roof ($150K), Police Department Boilers Maintenance
($50K);
2029 includes: Police Department Windows and doors ($100K), Police Department Boiler
replacement ($75K)
Building Energy Enhancement Projects 50,000 50,000 25,000 25,000 25,000 25,000 25,000 2024-2029: Placeholder for energy enhancements specific to Town buildings
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
13
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from Prior 5-year Plan
2024 2024
Amended Forecast 2025 2026 2027 2028 2029
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Public Works Building Maintenance 180,000 180,000 - 100,000 - - -
2024: Re-appropriate funds towards PW Admin exterior building paint, furnace relocation, and
window replacement ($180K);
2026: Roof Replacement ($100K)
Public Works Specialty Equipment - - 30,000 - - - - 2025: Purchase of Sign Shop Printer ($30.0K)
Welcome Center/Grandview Capital Maintenance 121,778 121,778 25,000 25,750 26,523 27,319 28,139
2024: Re-appropriate furniture upgrade in Lionshead welcome center ($83.7K); Use savings of
$13K from Welcome Center displays to go towards furniture upgrades;
2025 - 2029: Placeholder for annual capital maintenance
Welcome Center display upgrades - - - 150,000 - - - 2026: Welcome Center Display Upgrades ($150.0K)
Purchase of Employee Rental Units 3,224,136 5,224,136 - - - - -
2024: Re-appropriate funds towards continuing purchase of TOV employee housing stock
($1.2M)
2025-2029: Purchases of Employee Rental Units will be reflected in newly proposed Internal
Employee Housing Fund
Employee Rental Capital Maintenance 280,000 280,000 - - - - -
2024: Re-appropriate window replacement Buffehr Creek #6A and #4A ($47.2K) and roof
replacement at the Hamlet unit ($72.8K);
2025-2029: Capital Maintenance of Town-Owned Rental Units will be reflected in newly
proposed Internal Employee Housing Fund
Geothermal Energy System 400,000 400,000 1,500,000 - 3,000,000 - -
2024: Utilize placeholder for efficient snowmelt boiler replacements towards the Geothermal
Project design, planning, and construction ($150.0K); $250.0K additional design funds offset
by grant from Colorado Energy Office;
2025/2027: Placeholders for geothermal component of snowmelt boiler replacement -
See Narrative C01
Snowmelt Boilers Replacement 1,961,634 1,961,634 - - 1,025,000 525,000 - 2024-2028: Placeholder for replacement of BTU boilers at end of life
Arrabelle Snowmelt Boilers 190,000 190,000 - - - - - 2024: Re-appropriate funds towards Arabelle Boiler Replacement - Shared cost with Vail
Resorts ($190.0K)
Donovan Pavilion Remodel 50,000 50,000 59,500 25,000 - - -
2024/2026: Capital Maintenance Placeholders;
2025: Main Floor refinishing/resealing ($35.0K); Walk-behind floor buffer/sweeper
($10.0K); Furniture Replacements ($14.5K)
Mountain Plaza Elevator Renovation - - 100,000 - - - - 2025: Placeholder for Mountain plaza elevator renovation (shared cost with Vail
Resorts)
Vail Mobility Hub Expansion 1,500,000 1,500,000 - - 2,000,000 - -
2024: Design for Vail Mobility Hub (VTRC) Expansion offset by $750K MMOF match grant
included in state reimbursements above;
2027: Placeholder for future grant match to construct expansion ($2.0M)
Fire Sprinkler Upgrades at Bus Barn 600,000 600,000 - - - - - 2024: Update Fire Sprinkler system in bus barn to accommodate needs of expanded electric
bus fleet ($500k); Re-appropriate design funds for sprinkler system updates ($100K)
Public Works Shops Expansion 114,543 114,543 - - - - - Re-appropriate funds towards architectural feasibility and planning for identified phase two
expansion opportunities ($114.5K);
Total Facilities 10,900,078 12,900,078 2,429,500 695,750 6,564,023 902,319 800,639
Parking
Parking Structures 1,040,000 1,040,000 1,497,000 1,275,000 1,315,000 1,405,000 1,245,000 2024-2029: Various repairs including deck topping replacement, expansion joint repairs,
ventilation, HVAC, plumbing and other structural repairs
Parking Entry System / Equipment 327,191 327,191 - - - 1,045,500 - 2024: Re-appropriate $114.8K for remaining parking system replacement costs;
2028: Placeholder for parking system update; Parking System Replacement Costs ($1.0M);
Red Sandstone Parking Structure 70,000 70,000 - 50,000 - - - 2024: $70K structure resealing;
2026: $50K Concrete patch replacement
Parking Structure Camera systems - - - - - - 2,500,000 2029: Installation of camera systems for both safety and vehicle counts Vail Village structure
($2.5M)
Total Parking 1,437,191 1,437,191 1,497,000 1,325,000 1,315,000 2,450,500 3,745,000
14
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from Prior 5-year Plan
2024 2024
Amended Forecast 2025 2026 2027 2028 2029
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Transportation
Bus Shelters 232,583 232,583 50,000 30,000 230,000 30,000 30,000
2024: Construction of Additional Shelters ($202.6K);
2025: Annual Bus Shelter Maintenance ($30.0K); Add Solar Lighting at Existing Shelters
($20.0K);
2027: Construction of Additional Shelters ($200.0K) - See Narrative C02
Bus Stop Amenities - - - 50,000 50,000 - - 2026-2027: Add bus stop amenities at locations without shelters - See Narrative C03
Replace Buses 7,850,000 7,850,000 - - - - 10,225,000
2024: Re-appropriate $7.9M funds for six bus replacements with electric models - Offset by
grant funding ($9.6M);
2029: Placeholder for electric bus replacements at end of life ($10.2M) with will most likely be
partially offset by future grant funding- See Narrative C04
Bus Wash Equipment 650,000 650,000 - - - - - 2024: Re-appropriate Bus Wash Replacement ($300K); Increase in cost for bus wash
replacement, offset by 2023 savings in Facility Maintenance and Bus Replacements ($350K)
Bus Transportation Management System - - - - - 1,000,000 - 2028: Replacement for Bus Management System ($1.0M)
Bus Sign Replacement 15,025 15,025 - - - - - 2024: Re-appropriate remaining funds for electric bus signage replacement project
Traffic Impact Fee and Transportation Master Plan Updates 33,943 33,943 - - - - - 2024: Re-appropriate remaining funds to finalize and adopt Go Vail 2045
Hybrid / Electric Bus Battery Replacement 165,000 - - 360,000 - 500,000 - 2026: Scheduled replacement of Electric Bus Batteries ($360.0K);
2028: Scheduled replacement of Electric Bus Batteries ($500.0K) - Estimated life of 6-years
Bus Camera System - - - 290,000 - - - 2026: Replace current fleet of 33 buses with updated camera surveillance system. In 2026 the
camera system will be 11 years old and reaching end of life
Electric bus chargers and electrical service rebuild 993,783 993,783 - - - - - 2024: $600K New charging station placeholders for additional electric buses added to fleet; Re-
appropriate $393.8K for electric bus charging infrastructure project
Car Share Program Infrastructure - - 117,675 - - - - 2025: Purchase of two vehicles ($100K) for car share program; upgrades to Electric
Chargers ($17.7K) for implementation of Car Share program - See Narrative C05
Total Transportation 9,940,334 9,775,334 167,675 730,000 280,000 1,530,000 10,255,000
Road and Bridges
Capital Street Maintenance 1,640,000 1,640,000 1,660,000 1,470,000 980,000 2,295,000 2,300,000
2024 includes surface seal ($310K); asphalt mill overlay ($550K); Drainage Improvement
($105k);
2025 includes Asphalt Mill & Overlay ($700K), Surface Seal ($215K), Drainage
Improvement ($110K), Streetscape Repair ($82K)
Residential Traffic Calming - - 20,000 - - - - 2025: Residential Traffic Calming - Photo Radar Pilot ($20.0K) - See Narrative C06
Street Light Improvements 440,000 440,000 75,000 80,000 80,000 80,000 80,000 2025-2029: Annual Town-Wide street light replacement
Slifer Plaza/ Fountain/Storm Sewer 70,714 70,714 - - - - - 2024: Re-appropriate $70.7k towards water quality smell issues not completed in 2023
Vail Health / TOV Frontage Road improvements 235,317 235,317 - - - - - 2024: Re-appropriate funds for the remaining project: widen sidewalk at Vail International
($235.3K)
Neighborhood Bridge Repair 1,085,599 1,085,599 - 500,000 - - -
2024: Re-appropriate funds for complete on going projects at Nugget Ln, Lupine Dr, Bighorn
Rd at Pitkin and Bighorn Creeks, as well as scour mitigation at Main Gore Dr and Chamonix
Rd ($1.1M);
2026: Kinnikinnick east bridge rehabilitation ($500.0K)
Pedestrian Bridge Repair - - - - - 400,000 - 2028: Rehabilitation of the pedestrian bridge over I-70 ($400.0K)
Seibert Fountain Improvements 27,082 27,082 - 100,000 - - - 2024: Re-appropriate funds for fountain upgrades ($27.0K) not complete in 2023;
2026: Placeholder for pump replacement ($100.0K)
Roundabout Lighting Project 1,236,697 1,236,697 - - - - - 2024: Re-appropriate funds to complete lighting project at Town Center ($1.2M)
Traffic Counters - - - 250,000 - - - 2026: Roundabout Traffic Counters ($250.0K) - See Narrative C07
15
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from Prior 5-year Plan
2024 2024
Amended Forecast 2025 2026 2027 2028 2029
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Neighborhood Road Reconstruction 1,588,809 1,588,809 - 100,000 2,750,000 - -
2024: Re-appropriate funds for Meadow Dr culvert lining project, culvert replacement on Black
Gore Dr, design for drainage improvements at Meadow Dr/Meadow Ln ($1.6M); 2026: Vail
Road Bike Lanes & Sidewalk ($100.0K);
2027: Road Improvements ($1.0M); Vail Valley Drive Bike Lanes ($750.0K); 2027: Vail Road
Bike Lanes & Sidewalk ($1.0M)
South Frontage Road Pedestrian Improvements - - 300,000 650,000 1,000,000 - -
2025: Design of pedestrian improvements on the South Frontage Road (paved bike
lanes/shoulders, sidewalk sections);
2026: Construction of pedestrian improvements from Sandstone Underpass to W Forest Road
($650.0K);
2027: Construction of pedestrian improvements between W LH Circle and E LH Circle ($1.0M)
- See Narrative C08
Bicycle Lane Additions and Improvements - - - - - 850,000 - 2028: Construction of bike lanes on West LH Circle ($500.0K); Construction of Bike Lanes on
East LH Circle ($350.0K) - See Narrative C09
Frontage Road Improvements near Ford Park - - - - - 150,000 - 2028: Concept design of angled parking on South Frontage Road at Ford Park ($150.0K) -
See Narrative C10
West Lionshead Circle Crosswalk - - - 100,000 650,000 - - 2026: Design of crosswalk at Lionshead Place ($100.0K);
2027: Construction of crosswalk at Lionshead Place ($650.0K)
East Vail Interchange Underpass Sidewalk - - - - 750,000 - - 2027: Construct pedestrian improvements at East Vail Interchange; Coordinate with potential
construction grant for the separation of the Gore Valley Trail from Bighorn Road
Vail Village Streetscape/Snowmelt Repair 2,933,961 2,933,961 - - - - - 2024: Replacement of 18 yr. old streetscape and snowmelt infrastructure (piping) in Vail
Village; Re-appropriate funds for ongoing Vail Village Streetscape/Snowmelt repair ($1.4M)
East Mill Creek Culvert Replacement - - - - 100,000 1,000,000 -
Replace the metal pipe culvert from Vail Valley drive from Gold Peak to Manor Vail
2027: Design ($100.0K);
2028: Construction ($1.0M)
Sandstone Creek Culvert Replacement at Vail View - - - - - 100,000 1,000,000
Replace the metal pipe culvert at Sandstone Creek and Vail View Drive -
2028: Design ($100.0K);
2029: Construction ($1.0M)
Lionshead Streetscape/Snowmelt Replacement (VRA) 250,000 250,000 - - - - - 2024: Re-appropriate funds for the completion of 18 yr. old streetscape and snowmelt
infrastructure replacement ($250k)
Total Road and Bridge 9,508,179 9,508,179 2,055,000 3,250,000 6,310,000 4,875,000 3,380,000
Technology
Town-wide camera system 30,000 30,000 50,000 50,000 50,000 50,000 50,000 2024-2029: Annual maintenance
Audio-Visual capital maintenance 150,000 150,000 100,000 50,000 25,000 25,000 25,000 2025-2029: Update of A/V systems in Council Chambers, Grandview/Library/Community
room/Donovan A/V systems; Replacement cycle every 3-5 years
Cybersecurity 125,000 125,000 140,000 140,000 155,000 160,000 160,000 Annual Investment in cybersecurity, to keeps up with the ongoing changes that are required to
maintain a safe and secure computing environment
Software Licensing 865,000 865,000 959,135 1,107,519 1,140,355 1,174,175 1,209,011 Annual software licensing and support for town wide systems (3% Annual Increase)
Hardware Purchases 75,000 75,000 90,000 90,000 90,000 90,000 90,000 2024-2029: Workstation replacements (20-25 per year)
Website and e-commerce 70,000 70,000 75,000 77,250 79,568 81,955 84,413 2024-2029: Annual website maintenance (3% Annual Increase)
Fiber Optics / Cabling Systems in Buildings 795,626 795,626 50,000 50,000 50,000 50,000 50,000 2024-2029: Repair, maintain & upgrade cabling/network Infrastructure ($50K)
Network upgrades 150,000 150,000 150,000 150,000 150,000 150,000 150,000 2024-2029: Computer network systems - replacement cycle every 3-5 years ($150K)
Data Center (Computer Rooms) 150,000 150,000 150,000 150,000 150,000 150,000 150,000 2024-2029: Annual data center maintenance ($150K)
Data Center equipment replacement 1,750,000 1,750,000 - - - - - 2024: Replacement of data center main stacks ($1.75M)
Broadband (THOR) 110,000 110,000 115,000 118,450 122,004 125,664 129,434 2024-2029: Annual Broadband Expenses (3% Annual Increase)
16
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from Prior 5-year Plan
2024 2024
Amended Forecast 2025 2026 2027 2028 2029
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Business Systems Replacement 90,000 90,000 185,000 100,000 30,000 - 30,000
2024: Re-appropriate funds for HR performance management system ($17.5K) and budget
software ($40K); Budget software price increase funded with 2023 savings from other
business systems ($32.5K); 2025/2027/2029: Placeholder for Parking System
Upgrades/Enhancements (Every other year) ($30.0K);
2025: Placeholder for Human Resources/Enterprise Information System ($120.0K);
Employee Housing Unit compliance software ($35.0K) - See Narrative C11;
2026: Placeholder for Business Systems Replacements ($100.0K)
Total Technology 4,360,626 4,360,626 2,064,135 2,083,219 2,041,926 2,056,793 2,127,857
Public Safety
Public Safety IT Equipment 40,000 40,000 75,000 75,000 50,000 35,000 35,000
Annual Maint/Replacement of PD IT Equipment including patrol car and fire truck laptops and
software used to push information to TOV and other agencies; TOV portion of annual
Intergraph software maintenance
Public Safety Equipment 188,963 188,963 241,387 133,868 133,868 133,868 133,868
2024: Reappropriate acquisition of two police K9s ($41.0K) and associated vehicle
modifications ($7.4k);
2025: Purchase of Skydio X10 Drones ($48.4K);
2025-2029: Annual Axon Body-Worn Camera Equipment Annual Cost ($125.6K); Flock LPR
Equipment Annual Cost ($15.0K); Drones software & warranty annual costs ($12.6K)
Terradyne Public Safety Vehicle 145,000 145,000 - - - - -
2024: $145,000 for the Town of Vail contribution towards the acquisition of a terradyne
armored vehicle by the Eagle County Special Operations Unit (Maintenance cost to be funded
by the Town of Avon) - Shared cost with Eagle County, Town of Avon, and Town of Eagle
Fire Safety Equipment - - 45,000 66,000 368,000 245,860 -
2025: Knox Box System Replacement/Upgrade ($45.0K): Drone Expansion ($16.0K);
Extrication Equipment ($35.0K);
2026: Placeholder for purchase of thermal imaging cameras ($15.0K);
2027: Self-contained breathing apparatus replacement ($368.0K);
2028: Heavy Hydraulic Extrication Equipment Replacement ($130.0K); Special Rescue Trailer
Replacement ($50.0K); Fire Hose Replacement ($50.0K); Placeholder for purchase of thermal
imaging cameras ($15.9K)
Event Equipment 6,007 6,007 - - - - - 2024: Purchase of additional storage container for Santa's Village ($6.0K)
Radio Equipment replacement/expansion - - 1,020,000 - - - - 2025: Replacements of radios for PW, PD and Fire (approximately every 5 years) ($1.0M)
- See Narrative C12
Fire Truck Replacement 1,723,309 1,723,309 - - 1,030,000 - -
2024: Re-appropriate remaining costs for Type 3 Engine Upfitting ($19.2K), Aerial Apparatus
Upfitting ($760.4K); Re-appropriate Enforcer Aerial Ladder Truck received in 2024 ($936.3K);
2027: E3 Regular Fire Engine Replacement ($1.0M)
Total Public Safety 2,103,279 2,103,279 1,381,387 274,868 1,581,868 414,728 168,868
Community and Guest Service
Children's Garden of Learning Temporary Facility Relocation 32,248 32,248 - - - - - 2024: Re-appropriate $32.2K towards ongoing gutter and heat tape repairs and replacements
Loading and Delivery Capital 126,815 126,815 - - - - - 2024 includes 3 club car purchases, in addition to the four purchased in 2023
Energy Enhancements 114,130 114,130 130,000 156,000 187,200 225,000 270,000
2024: Re-appropriate funds for Public Works Shop EV Chargers and electrical service
upgrade ($61.6K);
2024-2029: Installation of EV stations to meet increased demand. There is potential for grants
to offset the initial capital cost of the equipment and installation - See Narrative C13
17
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from Prior 5-year Plan
2024 2024
Amended Forecast 2025 2026 2027 2028 2029
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Pedestrian Safety Enhancements 366,213 366,213 350,000 2,250,000 - 75,000 -
2024: Re-appropriate $16K for lighting crossing at Safeway; $350K Construction of RRFB
Pedestrian Crossing at Safeway;
2025: RFB's at Pedestrian Crossings ($150.0K) - See Narrative C14; Design of
Pedestrian improvements through Main Vail Underpass ($200.0K);
2026: Pedestrian Improvements through Main Vail Underpass ($2.0M); Extend NRT to
Spraddle Creek for Housing Access ($250.0K) - See Narrative C15;
2028: RFB's at Pedestrian Crossings ($75.0K)
Bollard Installation Project 483,536 483,536 - - - - -
Installation of retractable and standard bollards at Ford Park ($650K) offset by $250K MMOF
Grant; Re-appropriate funds for ongoing bollard installation project less $45K in funds shifted
to loading and delivery project ($483.5K)
Underground Utility improvements 4,187,838 4,187,838 - - - - - 2024: Underground HCE from Main Vail to East Vail in conjunction with fiber conduit ($1.7M)
offset by reimbursement above; Re-appropriate unspent 2023 funds towards project ($2.5M)
Guest Services Enhancements/Wayfinding 759,416 759,416 - 800,000 1,200,000 1,200,000 -
2024: Re-appropriate funds to complete wayfinding signs project ($8.1K);
2026: VMS Wayfinding Replacements ($800.0K);
2027/2028: Updated Wayfinding Signage Program ($1.2M)
Electric Vehicle Pilot Program 78,615 78,615 - - - - - 2024: Re-appropriate purchase of Ford F150 lightning for pilot testing.
Vehicle Expansion 326,815 326,815 65,000 - - - - 2024: 2 PD take-home vehicles, final stage of program implementation ($133k);
2025: Vehicle for Deputy Chief of Community Risk Reduction position (added in 2024)
Total Community and Guest Service 6,475,626 6,475,626 545,000 3,206,000 1,387,200 1,500,000 270,000
Total Expenditures 44,725,313 46,560,313 10,139,697 11,564,837 19,480,017 13,729,340 20,747,364
Dobson Financing Sources (Uses)
Transfer from VRD - - - 3,000,000 - - - Estimated Contribution from VRD for new Dobson ice system
Transfer from RETT/GF - - - 1,762,546 - - - Transfer 2026-2029 Dobson maintenance budget in RETT 5 year plan
Transfer from Vail Reinvestment Authority 4,541,840 4,541,840 4,636,681 - - - -
Dobson Loan Proceeds (VRA) - - 24,730,000 - - - - Assumed conservative financing approach with VRA loan (still to be determined)
Dobson Redevelopment (3,896,275) (3,896,275) (50,350,000) - - - - 2025: Estimated cost for Dobson redevelopment assumed to be funded by VRA loan
proceeds (29.4M); VRD ($3.0M); RETT($762.5K); and CPF ($17.2M)
Total Dobson Financing Sources (Uses) 645,565 645,565 (20,983,319) 4,762,546 - - -
Other Financing Sources (Uses)
Debt Service Payment (1,158,592) (1,158,592) (1,158,298) (1,156,528) (1,159,494) (1,157,110) (1,159,463) PW Shops Debt Service Payment
Transfer to Internal Employee Housing Fund - - - (2,000,000) (2,500,000) (2,500,000) (2,500,000) 2025-2029: Transfer to Internal Employee Housing Fund to offset purchase of Employee
Rental Units
Transfer to Housing Fund (2,500,000) (2,500,000) (2,500,000) (2,500,000) (2,500,000) (2,500,000) (2,500,000) Annual $2.5M appropriation towards community housing projects (Transfer to Housing Fund)
Transfer to Housing Fund (W. Middle Creek) - - (9,000,000) - 7,177,338 3,822,662 - Loan to HF for W. Middle Creek
Transfer from Marketing Fund 6,007 6,007 - - - - - 2024: Transfer from Marketing Fund for event tents
Transfer from General Fund 48,363 48,363 - - - - - 2024: Re-appropriate Transfer from Police Seizure Funds to cover K-9 acquisitions ($41K) and
K9 Vehicle mods (7K)
Total Other Financing Sources and Uses (3,604,222) (3,604,222) (12,658,298) (5,656,528) 1,017,844 (2,334,448) (6,159,463)
Revenue Over (Under) Expenditures (20,228,792) (20,491,478) (24,094,110) 11,212,877 4,015,398 3,806,164 (6,573,752)
Beginning Fund Balance 48,960,704 48,960,704 28,469,226 4,375,116 15,587,993 19,603,391 23,409,555
18
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from Prior 5-year Plan
2024 2024
Amended Forecast 2025 2026 2027 2028 2029
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Ending Fund Balance 28,731,912 28,469,226 4,375,116 15,587,993 19,603,391 23,409,555 16,835,803
Fund Balance as a percentage of Sales Tax revenue 185% 180% 27% 96% 118% 138% 97% Minimum 25% of sales tax revenues
19
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from prior 5-year Plan
2024 2024 -1.3%
Amended Forecast 2025 2026 2027 2028 2029
Revenue
Real Estate Transfer Tax 7,000,000$ 7,700,000$ 7,600,000$ 7,676,000$ 7,753,000$ 7,831,000$ 7,909,000$ 2025 down 2.6% from 2024 forecast; 2026-2029 1.0% annual increase
Golf Course Lease 175,151 175,151 176,903 178,672 180,458 182,263 184,086 Annual lease payment from Vail Recreation District; Rent income funds the "Recreation
Enhancement Account" below;
Intergovernmental Revenue 850,960 850,960 155,000 30,000 30,000 30,000 30,000
($ );
2024-2029: $30K lottery proceeds used annual for park projects;
2024: $240K CDPHE Grant for water quality projects; Re-appropriate Eco Trails Reimbursement
for Dowd Junction ($150.0K) and remaining ERWSD Reimbursement for Dowd Junction
($312.2K); Re-appropriate remaining CDPHE Water Quality Grant ($22.9K); Re-appropriate
unused potion of CPW Bear Education Grant ($10.8K); Eagle County reimbursement for wildfire
risk reduction ($55.0K); Reimbursement from the Vail Recreation District for the Golf Course
Stormwater Study ($30.0K);
Project Reimbursements 75,000 75,000 - - - - - 2024: Evergreen Redevelopment Project Reimbursement for Middle Creek Restoration Fund
($75K)
Donations 30,000 30,000 - - - - - 2024: Logan donation towards Artist in Residency sculpture acquisition
Recreation Amenity Fees 10,000 10,000 10,000 10,000 10,000 10,000 10,000 $10K annually
Bag Fees 97,800 97,800 50,000 50,000 50,000 50,000 50,000
2025-2029: Utilize bag fees towards two Hard to Recycle events ($50K)
2024: Re-appropriate utilization of bag fee towards recycling center catwalk replacement ($9.0K);
Utilize bag fees for Zero Hero Waste Program ($38.8K);
Earnings on Investments and Other 68,667 500,000 213,405 154,786 120,329 124,101 101,832 2025: 3% return assumed; 2026-2029: 2.5% return assumed
Total Revenue 8,307,578 9,438,911 8,205,308 8,099,458 8,143,787 8,227,364 8,284,918
Expenditures
Management Fee to General Fund (5%) 350,000 385,000 380,000 383,800 387,650 391,550 395,450 5% of RETT Collections - fee remitted to the General Fund for administration
Wildland
Forest Health Management 725,415 725,415 744,584 731,487 767,130 804,527 843,766
Annual operating expenditures for Wildland department;
2025 includes:
-$$699.3K: Personnel
-$5.0K: Miscellaneous Educational Programming (Ongoing)
Wildland Fire Equipment - - - - 13,000 53,800 - 2027: Wildland hose replacement ($13.0K);
2028: VHF radio replacement ($53.8K)
Wildfire Mitigation 35,000 35,000 385,000 10,300 10,609 10,927 11,255
2024-2029: Annual support for wildfire mitigation projects as identified in the 2020 Vail Community
Wildfire Protection Plan ($10.0K);
2024: Burn prep and fuels reduction on Bald Mountain Road funded by Eagle County($25.0K)
2025: Booth Creek Fuels Implementation, partially offset by USFS grant ($275.0K) - See
Narrative R01; Booth Heights and Booth Creek Trailhead Fuels Reduction ($100k) - See
Narrative R02
Fire Free Five - Rebate Program 173,189 173,189 50,000 50,000 50,000 50,000 50,000
2024: $100K for the Fire Free Five Community Assistance Program; Re-appropriate remaining
funds towards ongoing Fire Free Five rebate program ($73.2K);
2025-2029: Annual Funding for Fire Free Five Community Assistance Program ($50K) - See
Narrative R03
Wildland Fire Shelter - - - 17,500 - - - 2026: Wildland Fire Shelter Replacement ($17.5K)
Fire Free Five - TOV Implementation 80,000 80,000 - - - - - 2024: $80K Continuation of Fire Free Five at TOV facilities
Total Wildland 1,013,604 1,013,604 1,179,584 809,287 840,739 919,255 905,021
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
20
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from prior 5-year Plan
2024 2024 -1.3%
Amended Forecast 2025 2026 2027 2028 2029
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Parks
Annual Park and Landscape Maintenance 2,377,001 2,377,001 2,078,678 2,057,812 2,143,942 2,233,876 2,327,788
Annual operating expenditures for Parks department (including personnel and supplies); 2025
includes:
-$1.3M: Personnel
-$20.0K: Trail Host Program (Ongoing)
Park / Playground Capital Maintenance 219,000 219,000 231,000 169,000 169,000 169,000 169,000
2025-2029: Annual maintenance items include projects such as playground surface
refurbishing, replacing bear-proof trash cans, painting/staining of play structures, picnic
shelter additions/repairs, and fence maintenance ($169K); 2025 includes Ford Park Entry
Landscape ($45.0K) - See Narrative R04
2024: Re-appropriate funds towards improvements of deteriorating wooden structures at Sunbird
Park ($40.0K);
Tree Maintenance 125,000 125,000 85,000 85,000 85,000 85,000 85,000 Annual on going pest control, tree removal and replacements in stream tract, open space, and
park areas
Street Furniture Replacement 107,000 107,000 35,000 35,000 35,000 35,000 35,000 2025-2029: Annual Placeholder for Street Furniture Replacements ($35.0K)
2024: $72K to replace blue Covid picnic tables with a more aesthetically pleasing option
Village Art Landscape Enhancements 25,000 25,000 35,000 35,000 35,000 35,000 35,000 2025-2029: Landscape enhancements for new Art installations/donations ($35.0K);
2024: Re-appropriate funds for the planting bed at Squash Blossom on Bridge Street ($25K)
Stephens Park Safety Improvements 19,904 13,250 - - - - - 2024: Re-appropriate funds for remaining equipment cost ($4.9K); Installation of a split-rail fence
between park and frontage road ($15.0K)
Ford Park- Betty Ford Way Pavers 50,000 50,000 - - - - - 2024: Re-appropriate funds towards grading and landscape final touch up at streamwalk entrance
and guardrail ($50.0K)
Ford Park Enhancement: Priority 3 Landscape area 5,946 - - - - - - 2024: Re-appropriate $5.9K towards on-going landscape repairs and plant material replacement
Ford Park Lower Bench Turf/Irrigation - - 300,000 - - - - 2025: Replacement of worn turf grass and inefficient irrigation system ($300.0K) - See
Narrative R05
Ford Park Playground Improvements 497,804 197,804 - - 300,000 2,200,000 -
2024:$497.8K for Ford Park playground improvements:
2027: Placeholder for Park Renovation Design($300.0K);
2028: Construction of Ford Park Playground Renovation ($2.2M); - See Narrative R06
Ford Park Picnic Shelter - - - 350,000 - - - 2026: Replacement of Ford Park Picnic Shelter ($350.0K)
Ford Park Master Plan Capital Design 200,000 200,000 - - - - - 2024: Design for ADA compliant routes and Tennis Center renovation
Turf Grass Reduction 150,000 150,000 15,000 80,000 - - -
2024: Continuation of Turf Grass Reduction projects at Main Vail and West Vail Roundabouts and
Municipal Building;
2025: Additional funds for Main Vail Roundabout Turf Reduction ($15.0K);
2026: Turf reduction projects in Ford Park ($80K)
Playground Restroom Replacements - - - - 400,000 - 400,000 2027: Replace modular restroom building at Bighorn Park ($400.0K);
2029: Replace modular restroom building at Red Sandstone Park ($400.0K)
Donovan Park Improvements 20,000 20,000 - 325,000 - - -
2024: Re-appropriate funds to complete rock garden renovations ($20.0K);
2026: Park safety improvements (Replace decks, worn equipment, etc) ($325.0K) - See Narrative
R07
Pirateship Park Improvements 300,000 265,000 - - - - - 2024: Safety improvements: replace wood siding and add climber
Bighorn Park Playground Improvements - - 150,000 - - - - 2025: Bighorn Park Play Area Maintenance ($150.0K) - See Narrative R08
Gore Creek Promenade Rehabilitation 368,897 368,897 750,000 1,000,000 - - -
($368.9K);
2025-2026: Placeholder for Gore Creek Promenade Rehabilitation - Final Cost dependent
on outcomes of design ($1.75M) - See Narrative R09
Steps between Gore Creek Promenade and Children's
Fountain 40,000 40,000 - - - - - 2024: Tree removal and landscaping on steps from Children's Fountain to Gore Creek
Promenade ($40.0K)
Slifer Fountain Feature Four Repair 75,000 75,000 - - - - - 2024: Repair plumbing leak in feature supply line in Slifer Plaza ($75k)
Buffehr Creek Park Safety Improvements - - - - 500,000 - - 2027: Playground Safety Improvements ($500.0K) - See Narrative R10
21
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from prior 5-year Plan
2024 2024 -1.3%
Amended Forecast 2025 2026 2027 2028 2029
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Ellefson Park Safety Improvements - - - - - - 500,000 2029: Playground equipment replacement ($500.0K) - See Narrative R11
Total Parks 4,580,552 4,232,952 3,679,678 4,136,812 3,667,942 4,757,876 3,551,788
Rec Paths and Trails
Rec. Path Capital Maintenance 175,000 175,000 85,000 85,000 85,000 85,000 85,000 Annual Capital maintenance of the town's recreation path system ($85k); 2024: Recreation path
improvements ($65K); Re-appropriate funds towards shouldering improvements ($25K)
Recreation Path Safety Improvements 75,000 75,000 50,000 - - - - 2024: Design of recreation path safety improvements ($75K);
2025: Pedestrian Traffic Counters ($50.0K)
Bike Safety 10,000 5,000 10,000 10,000 10,000 10,000 10,000 2024-2029: Annual cost for bike safety programs ($10.0K)
Bike Path Signage 46,081 11,081 - - - - - 2024: Re-appropriate funds towards replacement of bike wayfinding signage, striping, and
etiquette signage town-wide
Pedestrian Bridge Projects 882,988 882,988 - - - - - 2024: $550K for pedestrian overpass; Re-appropriate $333.0K for pedestrian overpass
rehabilitation
Gore Valley Trail Reconstruction - - 430,000 - 80,000 - 80,000
2025: Placeholder for Gore Valley Trail Maintenance ($80.0K); Library to Lionshead Nature
Walk Environmental Assessment and Design ($100.0K) - See Narrative R12; Gore Valley
Trail along Bighorn Road Design ($250.0K) - See Narrative R13;
2027: Placeholder for Gore Valley Trail Maintenance ($80.0K);
2029: Placeholder for Gore Valley Trail Maintenance ($80.0K)
East Vail Interchange Improvements 204,543 150,543 - - - - - 2024: Re-appropriate funds for development of a landscape improvement plan due to landscaping
and drainage issues ($204.6K)
Dowd Junction repairs and improvements 817,663 817,663 - - - - - 2024: Re-appropriate funds for ongoing restabilitzation of Dowd Junction retaining wall ($817.7K)
Portalet Enclosures 53,130 53,130 - - - - - Re-appropriate funds for installation of screens received in 2023 ($8.1K)
Booth Lake Trailhead Parking Restroom 2,500 2,500 - - - - - 2024: Re-appropriate funds for final landscaping costs ($2.5K)
Bighorn Trailhead improvements - - - - - 250,000 -
2028: Placeholder for improvements to the parking area at the Bighorn Trailhead to include
acquisition of easements, improved trail entry, additional parking spaces, and restroom facility to
south side of I-70 ($250.0K);
Total Rec Paths and Trails 2,266,905 2,172,905 575,000 95,000 175,000 345,000 175,000
Recreational Facilities
Golden Peak Pickleball Sound Barriers 1,498 1,498 - - - - - 2024: Re-appropriate funds for purchase of remaining panels ($1.5K)
Nature Center Operations 112,654 112,654 117,437 120,960 124,589 128,327 132,176 Nature Center operating costs(Contract with Walking Mountains)
Nature Center Capital Maintenance 8,064 8,064 26,291 4,990 14,098 - -
2024: Path and walkway repairs ($8.1K);
2025: Signage ($16.6K); 2025: Regravel access road ($9.7K);
2026: Benches and tables ($5.0K);
2027: Slope roofing ($14.1K);
Nature Center Redevelopment 383,522 383,522 - - - - - 2024: Re-appropriate $383.5K for further planning and design for a nature center remodel; Nature
Center Construction is currently unfunded
Total Recreational Facilities 505,738 505,738 143,728 125,950 138,687 128,327 132,176
Environmental
Environmental Sustainability 814,006 814,006 884,389 925,907 969,421 1,015,026 1,062,826
Annual operating expenditures for Environmental department (includes personnel supplies) 2025
includes:
-$749.3K: Personnel
-$55.0K: Climate Action Collaborative Dues (ongoing)
22
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from prior 5-year Plan
2024 2024 -1.3%
Amended Forecast 2025 2026 2027 2028 2029
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Recycling and Waste Reduction Programs 200,400 200,400 127,050 130,862 134,787 138,831 142,996
Annual recycling and waste reduction programs; 2025 includes:
-$40.1K: Residential/Commercial Recycling Compost Program/Hauls (Ongoing)
-$7.5K: Recycling Compliance and Education (Ongoing)
-$38.8K: Zero Hero Program Support (Ongoing) - See Narrative R14
-$39.0K: Hard to Recycle Event, offset by Bag Fees (Ongoing)
Recycling Center Catwalk Replacement 16,500 16,500 - - - - - 2024: Re-appropriate catwalk replacement at recycling center ($16.5K) - Funded with $9K of bag
fees
Ecosystem Health 609,017 609,017 381,000 287,930 245,068 252,420 259,993
Annual ecosystem health programs; 2025 includes:
-$18.0K: CC4CA Annual Retreat - Host Community (Ongoing)
-$50.0K: Open Lands Plan - Biodiversity Study Phase 2 (Ongoing)
-$8.0K: Sustainable Destinations - Annual Certification Dues (Ongoing)
-$55.0K: U.S. Forest Service Front Country Ranger Program (Ongoing)
-$100.0K: Wildlife Habitat Improvements, Forum, and Education (Ongoing)
-$100.0K: Gore Creek Pesticide Study (One-time) - See Narrative R15
-$50.0K: Gore Creek Pesticide Campaign (2025-2026) - See Narrative R15
Energy & Transportation 87,500 87,500 75,000 76,500 78,045 79,636 81,275
Annual energy and transportation programs; 2025 includes:
-$40.0K: Energy Smart Colorado Partnership (Ongoing)
-$2.5K: Energy-Related education, outreach, program incentives (Ongoing)
-$32.5K: Sole Power Plus Program (Ongoing) - See Narrative R16
E-Bike Programs 243,000 243,000 193,000 198,790 204,754 210,896 217,223
Annual E-Bike Programs; 2025 includes:
-$175.0K: Shift E-Bike Share Program (Ongoing)
-$18.0K: E-Bikes for Essentials Ownership Program (Ongoing)
E-Bike Share Infrastructure 14,711 14,711 - - - - - E-Bike Share Infrastructure- Gravel pads and bike racks; 2024: Re-appropriate funds for
additional gravel pads and bike racks ($14.7K)
Sole Power App 50,000 50,000 25,000 - - - - 2025: Development of App modifications for the Sole Power Plus App Expansion ($25K) -
See Narrative R16
Streamtract Education/Mitigation 30,000 30,000 75,000 30,000 30,000 30,000 30,000
Annual streamtract education programming; 2025 includes:
-$30.0K: General education programming (Ongoing)
-$45.0K: Restore the Gore Campaign Relaunch (One-time)
Water Quality Infrastructure 195,007 195,007 - - - - - 2024: Re-appropriate funds for ongoing water quality infrastructure project ($195.0K)
Water Quality Maintenance 350,000 350,000 - - - - -
2024: Annual cleaning and draining of frog gutter bins and water quality vaults;
2024: Placeholder for updated water quality study ($75K); 2024: Increase in cost of cleaning of
frog gutter bins and water quality vaults based on higher-than-expected spring-time cleaning costs
($35K); Increase in cost for golf course water quality study, offset by reimbursement from VRD
($30.0K); 2025-2029: Ongoing cleaning of gutter bins and water quality vaults to be located in
Streets Maintenance within the General Fund
Streambank Mitigation 35,000 35,000 140,000 - - - -
2024: Re-appropriate funds for streambank planting project ($35K);
2025: Streambank Mitigation at Ford Park in conjunction with in-stream improvements by
Trout Unlimited ($100.0K); Streambank Mitigation along Mill Creek ($40.0K); - See Narrative
R17
Middle Creek Restoration Fund 75,000 75,000 - - - - -
2024: The Evergreen redevelopment project is required to provide a restoration plan for Middle
Creek. The property is owned by the Town of Vail. The Town will fund the restoration plan and be
reimbursed by the developer (reimbursement included above)
Private Streambank Mitigation Program 80,000 80,000 - - - - - 2024: Private Streambank Mitigation Program
Booth Heights Open Space 18,778,754 18,778,754 - - - - - 2024: Re-appropriate acquisition of Booth Heights parcel for open space ($17.6M); Increase
acquisition cost for additional legal fees ($1.1M)
23
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from prior 5-year Plan
2024 2024 -1.3%
Amended Forecast 2025 2026 2027 2028 2029
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Gore Creek Interpretive Signage 222,165 222,165 - - - - - 2024: Re-appropriate funds towards ongoing project ($190.5K); New request of $32K for Gore
Creek signage using savings from the 2023 streambank restoration project for increased costs
Energy Efficiency Performance Contract 150,000 150,000 - - - - - 2024: Placeholder for an energy audit to facilitate energy upgrades, potentially through an Energy
Efficiency Performance Contract
Total Environmental 21,951,060 21,951,060 1,900,439 1,649,989 1,662,075 1,726,810 1,794,313
Art
Public Art - Operating 188,525 188,525 196,645 205,659 215,100 224,987 235,342 Annual operating expenditures for Art in Public Places department; 2025 includes:
-$25.0K: Miscenalleous Programs & Events (Ongoing)
Public Art - General program / art 173,167 173,167 60,000 60,000 60,000 60,000 60,000
2024: Re-appropriate funds to purchase sculptures, artwork, art programs and events ($423.2K)
less utilization of funds for Art Space Studio construction ($360K); $30.0K Donation towards Broel
sculpture acquisition- see corresponding revenue above;
2024-2029: Annual funds purchase sculptures, artwork, art programs and events;
remainder is re-appropriated each year to accumulate enough funds. ($60k)
Public Art - Winterfest 79,383 79,383 30,000 30,000 30,000 30,000 30,000 2024: Re-appropriate donated funds towards 2024 Winterfest program;
2024-2028: $30K Winterfest budget.
Seibert Memorial Statue- Maintenance 11,692 11,692 - - - - - 2024: Re-appropriate donated funds towards upkeep of sculpture ($11.7K)
Art Space 1,420,375 1,420,375 - - - - -
2024: Re-appropriate funds towards construction of Art Space Studio in Ford Park ($760.4K);
$660K cost increase funded by $360K of General Program Art Funds and $300K of 2023 RETT
savings
Artist In Residency - Operating 30,000 30,000 70,500 72,615 74,793 77,037 79,348 2024 - 2029: Operating costs for artist in residency program utilizing the new Art Space
Artist In Residency - Capital Art Acquisitions 20,000 20,000 37,500 37,500 37,500 37,500 37,500 2024 - 2029: Capital art acquisition costs associated with artist in residency program
Total Art 1,923,142 1,923,142 394,645 405,774 417,393 429,524 442,191
Community
Council Contribution: Betty Ford Alpine Garden Support 79,195 79,195 80,779 83,202 85,698 88,269 90,917 Annual operating support of the Betty Ford Alpine Gardens; annual increase to follow town's
general operating annual increase
Council Contribution: Eagle River Watershed Support 42,000 42,000 42,000 43,260 44,558 45,895 47,271 Annual support of the Eagle River Watershed Council programs
Council Contribution: Trail Alliance 17,500 17,500 17,850 18,386 18,937 19,505 20,090 2025: Adopt A Trail Council Contribution for trails in or bordering the Town
Total Contributions 138,695 138,695 140,629 144,848 149,193 153,669 158,279
VRD-Managed Facilities & Maintenance
Recreation Enhancement Account 539,321 539,321 176,903 178,672 180,459 182,264 184,087
Annual rent paid by Vail Recreation District; to be re-invested in asset maintenance; 2024: Re-
appropriate funds to be re-invested in maintenance ($354.9K); Additional $9.3K for lease payment
collected over budget; 2025: Annual Rent Paid by Vail Recreation District; to be re-invested in
asset maintenance ($176.9K)
Recreation Facility Maintenance 22,000 22,000 22,000 22,000 22,000 22,000 22,000 2024-2029: RETT facility maintenance ($22.0K)
Synthetic Turf Replacement 472,000 472,000 - - - - - 2024: Re-appropriate funds towards synthetic turf replacement ($472K)
Golf Clubhouse 12,484 12,484 123,266 88,002 - 51,150 26,162
2024: Heat tape replacement ($13.7K);
2025: Circulation Pump Replacement ($98.0K); Clubhouse parking lot mill & overlay
($23.9K); Clubhouse Signage ($9.4K);
2026: Stucco/Stone ($37.3K); 2026: Wood Trim ($26.8K);
2028: Clubhouse Exterior Door Replacement ($32.1K); Clubhouse Asphalt Parking Lot Repairs
($18.9K)
2029: Clubhouse Parking Lot Mill & Overlay ($26.2K)
Athletic Field Restroom/Storage Building 1,000,000 1,000,000 - - - - - 2024: Re-appropriate $1.0M for the replacement of existing restroom/concession with new 2000
sq. ft. restroom/storage building
24
Included in Project Narratives
New Project
Increase in Cost/Expanded Programs
Project Timing Changed from prior 5-year Plan
2024 2024 -1.3%
Amended Forecast 2025 2026 2027 2028 2029
TOWN OF VAIL 2025 PROPOSED DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Golf Course - Other 432,069 353,484 3,954 316,245 87,251 33,359 34,948
2025: Maintenance building asphalt driving and parking area ($4.0K);
2026: Streambank Restoration ($234.1K); Maintenance building exterior doors ($3.5K); 2026:
Streambank Restoration - Shift from 2024 to 2026 ($78.6K);
2027: 1st hole path planking ($77.6K); 1st hole bridge planking and stone veneer ($53.4K); 2nd
hole bridge planking ($14.3K); 11th hole pedestrian bridges ($18.9K); Other ($5.2K); 2028:
Maintenance building stucco ($25.3K); Maintenance building asphalt ($4.7K); Maintenance
building wood privacy fencing ($3.4K);
2029: First Hole Stone Planking and Veneer ($34.9K)
Drainage Improvements & Fence near Golf Maintenance
Building 295,410 295,410 - - - - - 2024: Drainage and grading improvements and fence repair near golf maintenance building
($295K)
Dobson Ice Arena 643,731 643,731 118,815 - - - -
2024: Wood trim repairs ($11.3), chemical feed system repairs ($6.0K); Re-appropriate funds
towards repairs not completed in 2023 ($626.4K);
2025: Boiler and circulation system ($77.2K); Water filtration repairs ($27.6K); Exhaust
Stacks ($3.7K); Other ($10.3K)
Ford Park / Tennis Center Improvements 150,854 150,854 54,166 1,265,867 - - -
2024: Furnace, hot water tank, baseboards replacement ($13.3K); Re-appropriate funds towards
incomplete projects ($137.6K) ;
2025: Wood siding and windows ($54.2K);
2026: Rebuild of tennis courts, retaining walls, and court fencing ($1.5M)
Athletic Fields 116,547 116,547 99,319 - 26,704 - 5,825
2025: Asphalt parking lot ($99.3K);
2027: Asphalt parking lot repairs ($11.1K); Wood Structure Paint ($9.3K); Wood trim, post, &
beam repair ($6.2K);
2029: Coated Exterior Gypsum Board ($5.8K)
Gymnastics Center 219,399 219,399 3,863 - - - 62,104
2024: Re-appropriate ongoing repairs from 2023 ($354.9K);
2025: Concrete stairs and walkway ($3.9K); Elevator ($31.0K);
2029: Furnace ($31.0K)
Total VRD-Managed Facilities & Maintenance 3,903,815 3,825,230 602,286 1,870,786 316,414 288,773 335,126
Total Expenditures 36,633,511 36,148,326 8,995,989 9,622,246 7,755,093 9,140,783 7,889,345
Other Financing Sources (Uses)
Transfer from/(to) General Fund for Booth Heights 3,562,500 3,562,500 (200,056) (200,056) (200,056) (200,056) (200,056) Payback of funds for Booth Heights acquisition costs over 20 years, 2024-2043 - $5.64M with
$200K annual debt service payment
Transfer from/(to) General Fund - Other (10,620) (10,620) - - - - - 2024: Transfer to General Fund for increase in budget and scope of Destination Stewardship
Management Plan; Transfer from General Fund for Clean-Up Day volunteer incentives
Revenue Over (Under) Expenditures (24,774,053) (23,157,535) (990,737) (1,722,845) 188,637 (1,113,475) 195,517
Beginning Fund Balance 31,887,550 31,887,550 8,730,015 7,739,278 6,016,433 6,205,070 5,091,596
Ending Fund Balance 7,113,497$ 8,730,015$ 7,739,278$ 6,016,433$ 6,205,070$ 5,091,596$ 5,287,113$
Minimum Fund Balance 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$
25
TOWN OF VAIL PROPOSED 2025 DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
HOUSING FUND
2024 2024
Amended Forecast 2025 2026 2027 2028 2029
Revenue
Housing Sales Tax 4,950,000$ 5,150,000$ 5,201,500$ 5,306,000$ 5,412,000$ 5,520,000$ 5,630,000$ 2025: 1% annual increase from 2024;
2026 - 2029: 2% annual increase
Housing Fee in Lieu Annual Collections - 44,787 - - - - -
Transfer from CPF - Reimbursement for North Trail Townhome Unit
D (TOV unit)- 308,799 - - - - -
Transfer in from Capital Projects Fund 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000
Workforce Housing Sales 1,100,000 1,100,000 - - - - - 2024: Estimated resale revenue for
Pitkin Creek #3B and #14A
Lionsridge Land Sale - 5,000,000 - - - - - 2025: Lionsridge Land Lease
Purchase Option
Earnings on Investments - 450,000 50,000 13,836 - - 18,881
Total Revenue 8,550,000 14,553,586 7,751,500 7,806,000 7,912,000 8,020,000 8,130,000
Expenditures
Housing Programs
InDeed Program 3,019,645 3,019,645 1,500,000 2,500,000 2,500,000 2,500,000 2,500,000
Annual $2.5M transfer from CPF for
InDeed/Community Housing; In 2025
$1.0M to be used for TR Habitat
Contribution
Buy Down Housing 106,891 106,891 - - - - -
Timber Ridge Unit Purchases - - - 25,449,948 - - - 2026: Comitment to purchase TR
units
Future Purchases 1,500,000 1,500,000 2,275,000 - - - - Placeholder for Buy Down housing
purchases
Pitkin Creek Unit #14A 4,000 4,000 - - - - -
Pitkin Creek Unit #3B 785,444 785,444 - - - - - 2024: Utilize resale revenue of $625K
and $160.4M of InDeed funds to
purchase Pitkin Creek #3B
Construction Housing Projects
Timber Ridge Redevelopment 80,920 80,920 - - - - -
Timber Ridge Habitat Contribution - - 2,000,000 - - - -
$2.0M contribution to Habitat to
Humanity for TR units
W. Middle Creek Development Predevelopment 3,892,046 3,892,046 - - - - -
W. Middle Creek Development Placeholder - - 10,000,000 - - - - $10.0M placeholder for W. Midddle
Creek housing projects
W. Middle Creek Development Legal Fees Contingency 50,000 50,000 - - - - -
Residences at Main Vail Opportunity Fee 50,000 50,000 - - - - - 2024: Re-appropriation of remaining
RMV opportunity fee
Land Purchases for future Housing
CDOT Parcel Acquisition Placeholder - West Middle Creek 3,270,000 2,629,500 - - - - -
CDOT Parcel Acquisition Placeholder - East Vail 2,650,000 2,415,500 - - - - -
Eagle-Vail Parcel Placeholder 50,000 50,000 - - - - -
Total Expenditures 15,458,946 14,583,947 15,775,000 27,949,948 2,500,000 2,500,000 2,500,000
Operating Income (6,908,946) (30,361) (8,023,500) (20,143,948) 5,412,000 5,520,000 5,630,000
26
TOWN OF VAIL PROPOSED 2025 DRAFT BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
HOUSING FUND
2024 2024
Amended Forecast 2025 2026 2027 2028 2029
Other Finance Sources (Uses
Loan from/(repayment to) GF for TR units - - - 18,167,448 (18,167,448) - -
Transfer from/(to) Timber Ridge- Site and Podium (9,093,105) (17,034,302) - - 18,213,136 - -
Transfer from/(to) Timber Ridge- CDOT Land Acquisition (1,715,000) (1,719,500) - - 1,719,650 - -
Loan from/(repayment to) CPF/GF for Middle Creek - - 10,000,000 - (7,177,338) (2,822,662) -
Total Other Finance Sources (Uses)(10,808,105) (18,753,802) 10,000,000 18,167,448 (5,412,000) (2,822,662) -
Surplus (Deficit) Net of Transfers and One-Time Items (17,717,051) (18,784,163) 1,976,500 (1,976,500) - 2,697,338 5,630,000
Beginning Fund Balance 18,784,163 18,784,163 - 1,976,500 - - 2,697,338
Ending Fund Balance 1,067,111$ -$ 1,976,500$ -$ -$ 2,697,338$ 8,327,338$
27
Attachment A
Project Narratives
Index Project Title Fund
C01 Geothermal Energy System (Placeholder)Capital Projects Fund
C02 Bus Shelter Improvements Capital Projects Fund
C03 Bus Stop Amenities Capital Projects Fund
C04 Bus Replacements (Placeholder)Capital Projects Fund
C05 Car Share Program (Placeholder)Capital Projects Fund
C06 Photo Radar Pilot Capital Projects Fund
C07 Roundabout Traffic Counters Capital Projects Fund
C08 South Frontage Road Pedestrian Improvements Capital Projects Fund
C09 East and West LH Circle Bike Lanes Capital Projects Fund
C10 South Frontage Road Angled Parking Capital Projects Fund
C11 Housing Compliance Software Capital Projects Fund
C12 Radio Replacement Capital Projects Fund
C13 Electric Charging Station Infrastructure Capital Projects Fund
C14 Flashing Beacon Installations Capital Projects Fund
C15 North Spraddle Creek Extension Capital Projects Fund
C16 Dobson Arena Redevelopment Capital Projects Fund
R01 Booth Creek Fuels Implementation (USFS Land)Real Estate Transfer Tax Fund
R02 Booth Heights and Booth Creek Trailhead Fuels Reduction (TOV Land)Real Estate Transfer Tax Fund
R03 Fire Free Five Rebate Program Real Estate Transfer Tax Fund
R04 Ford Park Entry Landscape Real Estate Transfer Tax Fund
R05 Ford Park Lower Bench Turf/Irrigation Real Estate Transfer Tax Fund
R06 Ford Park Playground Improvments Real Estate Transfer Tax Fund
R07 Donovan Park Improvements Real Estate Transfer Tax Fund
R08 Bighorn Park Playground Improvmenets Real Estate Transfer Tax Fund
R09 Gore Crek Promenade Rehabilitation Real Estate Transfer Tax Fund
R10 Buffehr Creek Park Safety Improvments Real Estate Transfer Tax Fund
R11 Ellefson Park Safety Improvements Real Estate Transfer Tax Fund
R12 Library to Lionshead Nature Walk Assessment Real Estate Transfer Tax Fund
R13 Bighorn Road Separation Real Estate Transfer Tax Fund
R14 Zero Hero Program Support Real Estate Transfer Tax Fund
R15 Gore Creek Pesticide Study Real Estate Transfer Tax Fund
R16 Sole Power Plus Expansion Real Estate Transfer Tax Fund
R17 Streambank Mitigation Real Estate Transfer Tax Fund
28
C01
Capital Projects Fund – 2025 Five-Year Plan
Project: Placeholder for Geothermal Energy System
Budget:
Narrative: During 2024, an ongoing study has been taking place to determine the feasibility of a
Geothermal Energy System to reduce greenhouse gas emissions. The study will enable a more
accurate cost estimating for initial system installation and facilitate better understanding of
applicable business models, ROI, and other metrics for the system. A Geothermal Energy
system has potential to increase the efficiency of the Snowmelt System and decrease operating
costs, as well as help significantly meet carbon emissions reduction goals – Based on current
information, an up-to 90% reduction in municipal scope 1 GHG emissions is possible.
A $250,000 grant has been awarded by the Colorado Energy office to offset design costs, which
are budgeted at a total of $400,000 in 2024. This project potentially will include the design and
construction of a geothermal heating district, with the initial location in Lionshead Village.
The $4,500,000 placeholder for construction of this system is a best-estimate for potential net
costs within the 5-year plan. The total cost and timing may vary widely based on the results of
the feasibility study, and the scope determined to be pursued.
Photos:
Applicable Strategic Priority and Goal: Environmental (E.3)
2025 2026 2027 2028 2029
Capital Cost (Placeholder) $1,500,000 $0 $3,000,000 $0 $0
29
C02
Capital Projects Fund– 2025 Five-Year Plan
Project: Bus Shelter Improvements
Budget:
Narrative: The 2045 Mobility and Transportation Master plan recommends providing Bus Shelters and
amenities at busy bus stops to improve safety and user experience. In order to achieve this
goal, staff request to add Solar Lights at existing shelters which do not already have lighting for
pedestrian safety in 2025. Staff also recommends planning to continue building shelters in
locations which do not have any in 2027, based on the bus boarding data. These shelters would
look similar in design to the ones added during the past few years. The cost of each is
approximately $50k.
Photos:
Applicable Strategic Priority and Goal: Transportation (D.1)
2025 2026 2027 2028 2029
Solar Lights in Shelters $20,000 $0 $0 $0 $0
Construction of New
Shelters
$0 $0 $200,000 $0 $0
30
C03
Capital Projects Fund– 2025 Five-Year Plan
Project: Bus Stop Amenities
Budget:
Narrative: The 2024 Mobility & Transportation Master Plan recommends adding bus stop amenities to
increase safety and user experience to help improve transit ridership. This includes amenities
such as bus pad waiting areas, benches, trash receptacles, lighting, shelters where appropriate,
among other amenities. This budget request would specifically add bus waiting areas and
benches where necessary and is spread out over two years. Prioritizing ridership boardings and
proximity to higher speed roads like the Frontage Roads and Bighorn Road.
Photos:
Applicable Strategic Priority and Goal: Transportation (D.1)
2025 2026 2027 2028 2029
Capital Cost $0 $50,000 $50,000 $0 $0
31
C04
Capital Projects Fund – 2025 Five-Year Plan
Project: Placeholder for Electric Bus Replacements
Budget:
Narrative: In 2029, 8 diesel buses will be due for replacement with electric buses. This is a placeholder for
the replacement cost. It is anticipated that federal grants may offset a portion of this cost,
however the exact amount is not known at this time.
During 2020 to 2024, the Town has added 12 battery electric buses to its fleet. These buses will
be due for replacement in 2032 and 2036 (on a 12-year cycle).
Photos:
2025 2026 2027 2028 2029
Capital Cost $0 $0 $0 $0 $10,225,000
32
C05
Capital Projects Fund – 2025 Five-Year Plan
Project: Car Share Program Implementation
Budget:
Justification: The first-year cost of a car share program requires the purchase of two electric vehicles
($50,000 each) and upgrades to electric vehicle charging stations ($17,675). Overhead includes
tech and graphics, vehicle insurance, marketing, customer service and support, new member
incentives and rebates, back-end system management, and repair and maintenance of vehicles.
After year one, the cost decreases significantly, with overhead being partially offset by earned
income generated from the program. Year two program costs are estimated at $33,000.
Applicable Strategic Priority and Goal: Transportation (D.1)
2025 2026 2027 2028 2029
Car Share Infrastructure
Costs
$117,675 $0 $0 $0 $0
Ongoing Program Costs
(General Fund)
$37,325 $33,000 $33,000 $33,000 $33,000
33
C06
Capital Projects Fund – 2025 Five-Year Plan
Project: Residential Traffic Calming – Photo Radar
Budget:
Narrative: As part of the 2045 Mobility and Transportation Master Plan many discussions occurred with
regards to traffic calming along residential roads. One of the recommended outcomes that
received a lot of traction was the consideration for implementing Photo Radar and Photo Radar
Enforcement signage. These funds would go towards a pilot program to understand the
potential impacts of photo radar along residential roads as the next step.
Photos:
2025 2026 2027 2028 2029
Capital Cost $20,000 $0 $0 $0 $0
34
C07
Capital Projects Fund– 2025 Five-Year Plan
Project: Roundabout Traffic Counters
Budget:
Narrative: The 2024 Mobility & Transportation Master Plan recommends installing permanent traffic
counters at the Main Vail and West Vail Roundabouts to be able monitor traffic volumes which
can be utilized in the future to determine if capacity improvements are necessary and project
when/if they should be implemented. Currently, the Town only gets snapshots of peak period
traffic times every few years. Having the ability to monitor day to day traffic and understand
how often peak traffic volumes are reached at key intersections like the Vail roundabouts, will
allow staff to better understand when and if capacity improvements identified in the 2024
Mobility & Transportation Master Plan need to take planned for. This also will provide better
understanding of traffic flows for day-to-day operations.
The Main Vail Lighting project included additional conduit for future traffic cameras to be
mounted on the light poles. While the technology is not quite there for exactly what we are
looking for in a roundabout at this time, staff believes this will come soon and would be
appropriate to include in the 5-year plan.
Applicable Strategic Priority and Goal: Transportation (D.1)
2025 2026 2027 2028 2029
Capital Cost $0 $250,000 $0 $0 $0
35
C08
Capital Projects Fund – 2025 Five-Year Plan
Project: South Frontage Road Pedestrian Improvements
Budget:
Narrative:
The 2024 Mobility & Transportation Master plan identifies the section of the South Frontage Road between
Donovan Park and East Lionshead Circle as a length of South Frontage Road that needs pedestrian
improvements. The improvements are for pedestrian safety along the Frontage Road and to provide an
alternative option to the Gore Valley Trail which can get congested during peak summer periods. These
improvements can be further broken down into three sections:
Donovan Park to Westhaven: This section of Frontage Road currently has no pedestrian accommodations and
has portions which only have very narrow bike lane/shoulders. The construction of portions of this section
may have an opportunity to be funded by redevelopment or grant opportunities. The Coldstream
redevelopment project has offered $100k to help pay for design and/or construction; and the Cornerstone
Development had previously been approved (in 2008) under the condition that the project would construct
the portion in front of the Grand Hyatt parking structure. The Cornerstone development is currently back in
for approval with larger deviations than 2008 and may require additional offsetting public benefits, which
could include significant portions of these pedestrian improvements.
Sandstone Underpass to West Forest Road: This section has been identified as an easy opportunity to make a
significant pedestrian safety improvement by separating the at grade paved bike lane/shoulders from the
Frontage Road. This can be completed by implementing a Road Diet. This includes removal of excess asphalt,
restriping to remove unnecessary turn lanes, revegetating a landscape median between the bike lane and
vehicle lanes, and making improvements to the Red Sandstone Creek Culvert to better accommodate
pedestrians.
W LH Circle to E LH Circle: This section is a critical connection from the I-70 Pedestrian Bridge to Lionshead
Village, particularly for bike, stroller, and wheelchair access. It also provides safe pedestrian access for
overflow Frontage Road parking in this area. There are currently no pedestrian accommodations in this
section.
For all three of the above sections, staff recommends designing these improvements in 2025 and constructing
the improvements in future years 2026-2028 with developer and/or grant funding. Having a complete design
and shovel ready project is beneficial when competing for grant dollars.
Applicable Strategic Priority and Goal: Transportation (D.1)
2025 2026 2027 2028 2029
Design $300,000 $0 $0 $0 $0
Construction $0 $650,000 $1,000,000 $0 $0
36
C08
Photos:
Donovan to Westhaven
Sandstone Roundabout to W. Forest Road
W. Lionshead Circle to E. Lionshead Circle
37
C09
Capital Projects Fund– 2025 Five-Year Plan
Project: East and West Lionshead Circle Bike Lanes
Budget:
Narrative: East & West LH Circle are busy pedestrian roads that provide the main access into Lionshead
Village. The existing roads do not have bike lanes. The 2024 Mobility & Transportation Master
Plan recommends adding bike lanes by narrowing the vehicular lanes and adding 5’ bike lanes.
This treatment is also proposed on Vail Valley Drive and Vail Road. If successful in those
locations, the same treatment should be implemented on E & W LH Circle where appropriate.
Applicable Strategic Priority and Goal: Transportation (D.1)
2025 2026 2027 2028 2029
West Lionshead Circle
Bike Lanes
$0 $0 $0 $500,000 $0
East Lionshead Circle Bike
Lanes
$0 $0 $0 $350,000 $0
38
C10
Capital Projects Fund – 2025 Five-Year Plan
Project: South Frontage Road Angled Parking
Budget:
Narrative: The 2024 Mobility and Transportation Master Plan recommends adding traffic calming and
angled parking along the South Frontage Road at Ford Park. This improvement will provide 100-
200 additional parking spaces for Ford Park, Skiing, and general overflow parking days. The
improvement will also provide traffic calming from the existing Ford Park Lot entrance to Vail
Valley Drive, and a promenade viewing area above the Ford Park fields along the South
Frontage Road as contemplated in 2009.
To move this project forward, it is recommended to complete an initial concept design and
alternatives analysis based on the 2009 concept.
Photos:
2025 2026 2027 2028 2029
Design $0 $0 $0 $150,000 $0
Construction TBD
39
C11
Capital Projects Fund – 2025 Five-Year Plan
Project: Housing Compliance Software
Budget:
Narrative: In an effort to provide better and more timely customer service and have a less manual
compliance process, staff is requesting funds for software solution(s) that integrate into a
compliance system that will allow Housing staff to manage compliance and communication
with Employee Housing Unit owners within the same software solution, as well as helping the
Housing team with other frequently requested tasks such as EHU resale valuations. Staff is
seeking software that provides the following features:
1. Property information tracking
2. Homebuyer information management
3. Transaction details and workflow management
4. Owner monitoring and compliance tracking
5. Resale price formula tracking
6. Housing counseling
Applicable Strategic Priority and Goal: Housing (A)
2025 2026 2027 2028 2029
Housing Compliance
Software
$35,000 $0 $0 $0 $0
40
C12
Capital Projects Fund– 2025 Five-Year Plan
Project: Town-Wide Radio Replacement
Budget:
Narrative: The handheld radios utilized by town-wide employees (including the Fire, Police, and Public
Works departments) will be due for replacement in 2025. This replacement is necessary, as
Motorola will be ending support of the current devices. Devices will not be able to be repaired
or updated after this point. The life of these radios are approximately 5-years.
2025 2026 2027 2028 2029
Capital Cost $1,020,000 $0 $0 $0 $0
41
C13
Capital Projects Fund – 2025 Five-Year Plan
Project: Electric Charging Station Infrastructure
Budget:
Narrative: The Town of Vail Electric Vehicle Readiness Plan calls for a 10x increase in level 2 charging ports and
a 4x increase in DC Fast Charging stations by 2030. The 5-year plan includes a 20% increase in budget per year
to help meet this goal. Level 2 stations, which typically contain 2 ports, are estimated to cost approximately
$25,000 to install per station. DC Fast charging stations may cost from $40,000 to $100,000, depending on the
electrical service upgrades required. The cost in 2027 includes the planned addition of new DCFC stations to
serve East and West Vail locations (currently, DCFC only exist in the Lionshead Parking Structure).
By taking advantage of Inflation Reduction Act (IRA) funding now available, the Town of Vail can receive 30%
of the cost via to the "direct-pay method" to install new stations until 2032. Additionally, stations could
provide revenue in the future which may offset some of the installation costs.
With a limited budget over the next five, it will be necessary to pursue additional grant funding and/or public-
private-partnerships to cover the cost of installing charging stations. DC fast charging development in Vail
could benefit from high grant dollar amounts (potentially up to 80% of project), depending on grant
availability and success in pursuing competitive grant awards.
With the current 5 year capital budget plan, the town could see an additional 40-45 ports (or 20 stations)
installed by 2030, with 4 or more being DCFC. With supplemental funding, grants, station revenue, and
Private-Public Partnerships, and a corresponding increase to expenditures, more stations may be able to be
installed, coming closer to the goals of the town's Electric Vehicle Readiness Plan.
Photos:
Applicable Strategic Priority and Goal: Environmental (E.3)
2025 2026 2027 2028 2029
Capital Cost $130,000 $156,000 $187,200 $225,000 $270,000
42
C14
Capital Projects Fund – 2025 Five-Year Plan
Project: Flashing Beacon Installations
Budget:
Narrative: The 2045 Vail Mobility and Transportation Master Plan recommends adding Rapid Flashing
Beacons at key pedestrian crossings for pedestrian safety, specifically at the Gore Valley Trail
crossing of Bighorn Road, along Vail Valley Drive, Vail Road, East LH Circle, and West LH Circle.
At this time, staff is recommending installing 3 RFB's in 2025: One at Bighorn Road and two
along Vail Valley Drive. The installation at Bighorn Road will provide a safer crossing for the
Gore Valley Trail which carries a high volume of pedestrians across this higher speed road. The
installation on Vail Valley Drive will provide safer crossings across Vail Valley Drive at the stream
walk crossing and the E. Gore Creek Drive crossings. These locations on Vail Valley Drive are
recommended due to requests received from residents. However other crossings to consider
along Vail Valley Drive would be at Hansen Ranch Road, Manor Vail, and Ford Park. A
placeholder for two additional locations is shown in 2028. Each installation is estimated at $30k
to $50k, pending utility conflicts and power availability.
If the installations were to be based on pedestrian volume alone, the crossing at the
intersection of Vail Road and West Meadow Drive, and E LH Circle at the parking structure
might be better considered.
Photo:
2025 2026 2027 2028 2029
Capital Cost $150,000 $0 $0 $75,000 $0
43
C15
Capital Projects Fund – 2025 Five-Year Plan
Project: North recreation Trail Extension to Spraddle Creek
Budget:
Narrative: The 2045 Vail Mobility and Transportation Master Plan recommends extending the North
Recreation Trail across the Main Vail Roundabout and to Spraddle Creek trailhead to
accommodate the increase usage from the adjacent new housing units at Main Vail Residence
and potential development at West Middle Creek.
Photos:
Applicable Strategic Priority and Goal: Transportation and Housing
2025 2026 2027 2028 2029
Capital Cost $0 $250,000 $0 $0 $0
44
C16
Capital Projects Fund – 2025 Five-Year Plan
Project: Dobson Arena Redevelopment
Budget:
Narrative: The Dobson Ice Arena is one of the largest multi-purpose ice facilities on Colorado's Western Slope. The
Town of Vail owns the facility; it is operated by the Vail Recreation District under a long-term lease. The
arena was originally built in 1979 and has had one addition and other remodels performed over the
years. There has not been a major remodel completed of the entire arena.
In 2023 Vail Town Council awarded a design contract to Populous Architects for the Dobson Arena
Remodel project. Throughout 2023 and 2024, staff and the Town Council has refined the design options.
In June of 2024, a joint meeting of the Vail Recreation District and Vail Town Council was held, and a
final recommendation was approved to include the following:
• Reinforced Roof – Keeps the Dobson Look
• Refreshed locker rooms with Expansion
• Provides Full Equitable Solution for Locker Rooms
• Expanded South Lobby & New West Entry
• Sets the Stage for the Civic Center Master Plan
• Full Replacement of MEP
• Updated Envelope will Reduce Operating Costs
• Resolves ADA Access
• Lounge, Concessions and Bathrooms are Improved
• Exterior and Interior Refreshed
• Enhanced Flexibility for Events
• Restrooms designed for Max Hockey Event
• Alternate for North Bathrooms to be Priced
• Storage and back of house improvements
Construction is anticipated to begin in Spring of 2025.
Project Funding Sources are Proposed as follows:
Vail Reinvestment TIF funds $ 48.8 M
VRD funding the Ice System Hard and Soft Costs $ 3.0 M
Real Estate Tax Funds over the next 5 years allocated $ 0.8 M
Reserve Funds allocated for Temp Sheet Ice $ 1.0 M
Remaining from reserves, fundraising, and loans $ 1.8 M
$ 55.4 M
2023/2024 Approved
Budget
2025 Proposed
Budget
Capital Cost $5,050,000 $50,350,000
45
C17
Photos:
46
R01
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Booth Creek Fuels Implementation (on USFS Land)
Budget:
Narrative: Funds will be utilized to hire contractors to implement mechanical fuels reduction on the USFS
Booth Creek Fuels Project. TOV funds will be matched with $125,000 in USFS funds for a total
project budget of $275,000. These funds will complete phase 1 of the project (78 acres of
treatment) in a high priority area identified in the Vail Community Wildfire Protection Plan
(CWPP).
2025 2026 2027 2028 2029
USFS Grant Revenue $125,000 $0 $0 $0 $0
Program Cost $275,000 $0 $0 $0 $0
Net Cost $150,000 $0 $0 $0 $0
47
R02
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Booth Heights and Booth Creek Trailhead Fuels Reduction (on TOV Land)
Budget:
Narrative: Funds will be utilized to hire contractors to implement mechanical fuels reduction on the TOV
land near the Booth Creek trailhead and the Booth Heights parcel. Project will treat 5 acres on
the Booth Creek trail head parcel and approximately 23 acres of the Booth Heights parcel.
Mechanical treatment will focus on reducing fuels adjacent homes and improving wildlife
habitat. These implementation units are adjacent to treatment units of the USFS Booth Creek
Fuels Reduction Project and connect to previously completed treatment units on TOV land.
2025 2026 2027 2028 2029
Program Cost $100,000 $0 $0 $0 $0
48
R03
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Fire Free Five Rebate Program
Budget:
Narrative: The Fire Free Five program began in 2022. This program reimburses property owners for
installation of non-combustible landscaping within 5 feet of a structure. This program was
included in the prior five-year plan with funding through 2025. Due to the success of the
program, and significant ongoing community need, it is requested to continue this program on
an annual basis with $50K in funding per year.
Photos:
2025 2026 2027 2028 2029
Program Cost $50,000 $50,000 $50,000 $50,000 $50,000
49
R04
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Ford Park Entry Landscape at Nature Center Bridge
Budget:
Narrative: The Nature Center Bridge is an important access point for the south side of Ford Park, for the
Betty Ford Alpine Gardens and for the Ford Amphitheater. However, the landscape elements of
the entry are in poor repair. This project will partner with funds from the Vail Valley
Foundation (up to $10K) and a private donor (up to $10K) to improve the landscape entry and
screen the numerous utility boxes in the area.
Photos:
2025 2026 2027 2028 2029
Capital Cost $45,000 $0 $0 $0 $0
50
R05
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Ford Park Lower Bench Turf-Irrigation
Budget:
Narrative: The large turf area on the lower bench of Ford Park was disturbed several years ago for a
significant sewer line project and was not properly repaired. The soil is compacted and full of
weeds and the area was improperly graded so that there are rolls and dips throughout. This
budget will remove a strip approximately 50' wide x 200' long, repair the soil structure, properly
grade the area and install new sod. In addition, staff is researching solutions for the 4' wide
strip along West Betty Ford Way that is usually more dirt than grass.
Photos:
2025 2026 2027 2028 2029
Capital Cost $300,000 $0 $0 $0 $0
51
R06
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Ford Park Playground Improvements
Budget:
Narrative: In 2024, important safety and maintenance improvements were performed to stabilize the 25-
35 year old play area. However, the underlying structural deficiencies associated with aging
wood structures still existing and there are important playground safety needs to be rectified.
This project will look to fully renovate Vail's oldest play area to ensure it complies with current
guidelines, ADA, and Vail's tradition of art-inspired play to provide an exceptional play
experience for Vail's residents and guests. The $300K in 2027 will be used for design, the
$2.2M in 2028 would be for construction.
Photos:
2025 2026 2027 2028 2029
Design $0 $0 $300,000 $0 $0
Construction $0 $0 $0 $2,200,000 $0
52
R07
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Donovan Park Playground Improvements
Budget:
Justification: At over 20 years old, the wooden play structures are in need of repairs including the
replacement of multiple play components (slides, climbers, etc), replacement of wood decks,
structural repairs, and maintenance of the two art components, "Mother and Child" that
require dismantling and repainting.
2025 2026 2027 2028 2029
Capital Cost $0 $325,000 $0 $0 $0
53
R08
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Bighorn Park Playground Improvements
Budget:
Justification: At 17 years old, Bighorn Park play area is in need of some larger-scope maintenance including
replacement of the main wood support logs due to deterioration, railing improvements, new
netting, painting/staining, ADA compliance improvements and replacement of two play
components.
Photos:
2025 2026 2027 2028 2029
Capital Cost $150,000 $0 $0 $0 $0
54
R09
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Placeholder for Gore Creek Promenade Rehabilitation
Budget:
Justification: The Gore Creek Promenade is a popular amenity in the heart of Vail Village. Residents and
guests alike frequent the busy shops, galleries, and restaurants. Families enjoy the turf area
and easy access to Gore Creek. Weekly whitewater events are held each spring, Winterfest ice
sculptures during the ski season, the annual GoPro Mountain Games and a busy summer
season all contribute to making the Promenade one of the most regularly visited parks in Vail.
The park last saw a major renovation in 1993 and is in need of some improvements. The most
significant issue with the Promenade currently is the quality of the core turf area located at the
east end of the park. Town maintenance crews have difficulty sustaining the grass, and a key
component of any work on the Promenade should be to resolve that issue. Other issues
include streambank erosion, limited options for seating and gathering, a lack of access for those
with limited mobility (ADA), a decline in the health of some trees, and the narrow width of the
heated paver walkway during periods of high use.
The Town Council recently approved a contract with a landscape architecture firm for
redesigning the park. Design options will be presented during the Fall of 2024 and council will
have the opportunity to select a final design, a scope of work, and a final project budget.
The $1.75M construction cost is a placeholder and may need to be adjusted based on the
outcome of the design process and further refining of needs.
Photos:
2025 2026 2027 2028 2029
Placeholder for
Construction
$750,000 $1,000,000 $0 $0 $0
55
R10
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Buffehr Creek Park Safety Improvements
Budget:
Narrative: The Buffehr Creek Park play area was installed in 2001. It is one of two "catalog" play areas in
Vail and has held up reasonably well. It is reaching the end of its projected life of 25 years. At
this time, it is a placeholder item in the event it cannot be postponed due to its condition.
2025 2026 2027 2028 2029
Capital Cost $0 $0 $500,000 $0 $0
56
R11
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Ellefson Park Safety Improvements
Budget:
Narrative: The Ellefson Park play area was installed in 2002. It is one of two "catalog" play areas in Vail
and has held up reasonably well. It is reaching the end of its projected life of 25 years. This
proposed change postpones the project from 2027 to 2029 from the current 5-year budget. At
this time, it is a placeholder item in the event it cannot be postponed again due to its condition.
2025 2026 2027 2028 2029
Capital Cost $0 $0 $0 $0 $500,000
57
R12
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Library to Lionshead Nature Walk Assessment
Budget:
Justification: The Gore Valley Trail between the Vail Library and Lionshead Village is a very busy section of
recreation trail. One recommendation of the newly adopted Vail Mobility Masterplan for
alleviating trail congestion is to look for opportunities to create alternate safe routes for bikes
and pedestrians. Many of these routes would occur along the Frontage Roads, however this
section of trail has a different opportunity. This project would evaluate the construction of a
soft-surface pedestrian-only trail along the south side of Gore Creek. The area along that south
bank is generally in a native condition with an existing pedestrian bridge on the west end that
accesses several informal trails.
This project would require construction of a new pedestrian bridge behind the library. The
roughly 750' long soft surface trail would meander through the town-owned parcel (zoned
Outdoor Recreation) and connect to the existing bridge on the west end. This budget would
provide funds to evaluate potential impacts, proceed through a public engagement process and
consider alternative construction techniques. If the project is deemed feasible and desirable
through the town's design review process, this budget will provide design drawings suitable for
construction.
Photos:
2025 2026 2027 2028 2029
Assessment $100,000 $0 $0 $0 $0
Construction TBD if Feasible
58
R13
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Gore Valley Trail Separation along Bighorn Road
Budget:
Narrative: The Gore Valley Trail runs along the paved shoulders of Bighorn Road as it makes its way
through East Vail. The 2045 Mobility & Transportation Master Plan recommends separating this
trail from Bighorn Road to provide a safer and more enjoyable experience for Gore Valley Trail
users. Hundreds of pedestrians and bicyclists use this section of the GVT everyday during the
summer months. A separated recreational trail would provide significant safety improvements
and experience benefits especially to users who are not comfortable travelling on paved
shoulders next to vehicular traffic travelling at 40-50mph.
In order to move this project forward the Town has applied for a grant to design this section of
the Gore Valley Trail. The design is expected to cost $250,000, and if awarded the grant, the
Town will be reimbursed up to $210,000. Once designed the Town can apply for additional
construction funds in the future.
Photos:
Applicable Strategic Priority and Goal: Transportation
2025 2026 2027 2028 2029
Design $250,000 $0 $0 $0 $0
Construction TBD
59
R14
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Zero Hero Program Support
Budget:
Narrative:
Per the Greenhouse Gas Inventory conducted in 2020 for the Vail community, 10% of all greenhouse gas
emissions are from waste produced. Diverting recyclable and organic material can reduce waste related
emissions. The Town of Vail requires all events in Vail who receive funding from the town to host a specific
event or any event with 500 or more attendees and food/beverages to provide zero waste operations
including compost at events. A Zero Waste event requires sorting all waste to ensure no contamination in the
recycling and compost as well as education for event attendees. Event producers are required to report their
diversion rate during event debriefs required as part of the town’s special event permitting process. Event
producers can hire a 3rd party to provide zero waste services or do it in house with a dedicated internal green
team or zero waste team.
The Zero Waste Program began in 2012 when the Town of Vail began partnering with Eagle Valley Alliance for
Sustainability (which later merged with Walking Mountains Science Center) to provide zero waste services at
the Vail Farmer’s Market and other events in the Town of Vail in order to increase event waste diversion,
including organic waste that can be composted. TOV Environmental Sustainability staff previously managed
the Zero Waste program securing 4-6 volunteers each week to provide Zero Waste services at the Vail
Farmer’s Market for 16 weeks. Ensuring enough volunteers were secured and trained on zero waste each
week proved very challenging and time consuming. By the end of the first summer, it was clear that a
dedicated group of staff was required to provide this service, so Town of Vail and Walking Mountains Science
Center began the Sustainability Internship in summer of 2013, with Town of Vail funding the program through
an annual contract. The program recruited interns from the local Colorado Mountain College, especially
students in the sustainability degree tract. The internship opportunity has since spread to allow other college
students throughout the country interested in getting hands on experience in the zero waste and
sustainability sectors. Each summer, 6 interns are hired for a duration of 19 weeks from late May-October. The
interns initially provided zero waste services, including education at zero waste stations and sorting of
materials to ensure a clean stream, at the now 17 weeks of the Vail Farmer’s Market each summer and
expanded to other events in Vail in a fee for service model charged to event producers. As part of the Town of
Vail contract, interns also provide the Town of Vail Environmental Sustainability Department with additional
support for waste diversion education, outreach, and initiatives including providing waste audits to
businesses, working with businesses to set up a compost program, working the two Hard to Recycle events
hosted in Vail, providing education at the recycling center, etc. The contract with Walking Mountains Science
Center provided Town of Vail a discounted hourly rate for the Vail Farmer’s Market and other events
produced by Town of Vail at $12.50/hour/intern rather than the $21/hour/intern paid by event producers for
all other events in Vail and by event producers and municipalities in other parts of Eagle County.
Following Vail’s leadership, zero waste events have spread to other municipalities in Eagle County and the
Walking Mountains Zero Waste team, including the interns, full time sustainability staff, and volunteers now
provide 130 days of zero waste events in Eagle County each summer. Of those 42.7% (56 of 130 days) of the
event days are in Vail, including 17 Farmer’s Market days.
2025 2026 2027 2028 2029
Program Cost $38,800 $38,800 $38,800 $38,800 $38,800
60
R14
Total costs for Walking Mountains to run their Zero Waste program annually is: $186,868.83. This includes:
Staff Salaries, Internship Costs, Senior Management + Finance, and Contract Staff Expenses related to the
program. In 2024, Town of Vail’s contract was for $38,800 which covered 20.7% of the total program cost. The
2024 request for the program was for $49,000, but only $38,800 was allocated through bag fee dollars during
the first budget supplemental in 2024.
Town of Vail is not the only municipality to support the Zero Waste Program/Sustainability Internship. While
42.7% of all zero waste events are held in Vail, the town supports 20.7% of the cost to operate the Zero Waste
Program. In addition, Walking Mountains receives the following support from other municipalities as well as
fees charged to event producers:
• $80,000 from Eagle County annually plus an additional $11,000 to provide Zero Waste at the Eagle
County Rodeo
• $10,000 from the Town of Avon
• $8,000 from Beaver Creek
• $3,000 from Town of Minturn
• $2,000 from Town of Eagle
The $38,800 contract in 2025 will provide support for the internship and zero waste program. Walking
Mountains will include zero waste services for the Vail Social, two Community picnics, and will continue to
provide support to the Environmental Sustainability Department for waste diversion initiatives, education, and
outreach support. The Environmental Sustainability department proposes half ($19,400) to come from bag
fees and half ($19,400) to come from RETT to cover this cost in 2025 to ensure Walking Mountains is able to
hire the sustainability interns and run the Zero Waste program for events this year.
In 2023, of the 13 events staffed by Walking Mountains Zero Waste team, they had an 87.5% diversion rate,
diverting 16.57 tons of material out of 18.93 total tons of material produced at events in Vail. The 2024 event
season is still active, so 2024 data will be available in Q4 2024.
Town Council Strategic Plan Priorities/Goal(s):
Environmental Sustainability: Our sensitive alpine environment supports our economy, and the Town must
continue to be a responsible steward of our sensitive natural resources and should continue to
be a leader in environmental sustainability for mountain resort communities across the world.
Desired Results: E.3: Reduce 2014 baseline carbon emissions by 25% by 2025, 50% by 2030, and 80% by 2050.
61
R14
Photos:
Applicable Strategic Priority and Goal: Environmental (E.3)
62
R15
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Gore Creek Pesticide Study and Campaign
Budget:
Narrative: Preliminary studies have shown that landscape chemical use is widespread in Vail and having an
impact on aquatic life in Gore Creek. This program would seek to better identify sources of
chemical pollution in Gore Creek and use that information in a campaign to change pesticides
regulations at the state level. The pesticide study would seek to collect and analyze a minimum
of 180 water samples from Gore Creek between April and September 2025. Results of those
sample analyses along with macroinvertebrate data and surveys of pesticide application flags
would provide hard data to be used in a campaign to convince state policy makers of the
negative impacts landscaping chemicals are having on aquatic life in Gore Creek. This will help
achieve council’s strategic Goal E.1: By 2029, Gore Creek is no longer a 303(d) listed impaired
waterway which would reduce near term risk of losing gold medal fishery status.
Photos:
Applicable Strategic Priority and Goal: Environmental (E.1)
2025 2026 2027 2028 2029
Pesticide Study Cost $100,000 $0 $0 $0 $0
Campaign Costs $50,000 $50,000 $0 $0 $0
63
R16
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Sole Power Plus Expansion
Budget:
Background:
Sole Power, the green commuting challenge, was developed by Town of Vail in 2010 to encourage and
incentivize residents and employees in Vail to get out of their cars and commute by human powered modes of
transportation such as bike, e-bike, walk, run, skate, etc. Because so many Vail employees live outside of Vail
and commute in, the program was designed to be valley wide. Any human powered trip that replaces a vehicle
trip can be logged, including commuting to/from work, attending social events, and running errands. While
participants can log trips year-round, there is a challenge that runs every year from Memorial Day to mid-
October. Participants can join a team or participate as an individual. The program has a friendly competitive
spirit with teams and individuals striving to appear at the top of the leaderboards each week. Collectively,
participants work together to achieve an annual challenge goal of 60,000 miles of human powered miles.
Participants manually track trips on the www.solepower.org website. A mobile app is currently in
development and will launch by the 2025 season which will auto-track and auto-log trips, making the process
easy, streamlined, and more efficient for participants. Since its inception, 2,952 Sole Power participants have
logged 538,670 miles over 98,400 trips. This has reduced 501,000 pounds of greenhouse gas emissions (the
equivalent of removing 54 vehicles from the road each year).
While the Town of Vail has funded Sole Power each year, there are also several cash and in-kind sponsors to
support the program, providing prizes, hosting happy hours, running radio ads, or paying cash to support the
program. Participants who log at least one trip each week is entered into a random prize drawing for a gift
card of their choice from a sponsor. Monthly happy hours with free drinks, snacks, and prizes, provide
participants an opportunity to connect with each other and cultivate a community around green commuting.
An end of season party with food, drinks and prizes, also celebrates all participants and highlights top mileage
earners and top teams.
Sole Power Plus Expansion: While Sole Power has been successful as a human powered commuting challenge
with strong participation from residents and the business community, there is great opportunity to expand
Sole Power and incentivize additional green commuting modes such as carpooling and bus ridership. Including
these modes greatly increases opportunity for participation by employees and residents living down valley in
Eagle, Gypsum, or Dotsero, especially with the new Core Transit operations. Since the distance is significant
for efficient use of human powered modes of transportation to commute to Vail from down valley locations,
the bus and carpooling are great alternatives to reducing single occupancy vehicles (SOV’s) coming to Vail.
With Sole Power Plus, down valley residents are incentivized to come to Vail by bus or carpool and increase
opportunity to reduce vehicle miles traveled from SOV’s, reduce parking congestion, and reduce
transportation related greenhouse gas emissions for residents and employees commuting to Vail. The current
incentive program can be further developed into a more robust incentive program to really drive participation
and reward people for getting out of their SOV’s and embrace green commuting. This program can shift the
culture of how people commute in/to Vail for recreation, errands, and social engagements year-round.
2025 2026 2027 2028 2029
App Expansion Cost
(Capital)
$25,000 $0 $0 $0 $0
Programming Cost $25,000 $25,000 $25,000 $25,000 $25,000
64
R16
Justification:
The Vail Parking and Mobility Task Force supports the idea of expanding the Sole Power program to Sole
Power Plus to include bus ridership and carpooling. Incentivizing these additional green commuting options
will also work towards achieving Town Council Strategic Priorities of Transportation and Environmental
Sustainability (specific goals are highlighted below). The Sole Power Plus expansion specifically appears in the
Strategic Action Plan under both of these priority strategic goals. Sole Power Plus would become a year-round
program with specific competitions at different times of the year to encourage green commuting- both human
powered and via bus ridership and carpooling. To expand to Sole Power Plus, the current logo and brand
would need a refreshed look and a marketing campaign would promote the re-envisioned program.
The mobile app will also need to be updated with the bus ridership and carpooling options and specific
leaderboards created as well as an update with new branding. A more robust incentive program to incentivize
and reward greater and year-round participation through a points/miles to cash/rewards model that can be
redeemed at participating businesses. An in-app incentives management tool is an effective means for the
robust incentive program, but as development of this tool is expensive, it would be part of Phase 2 for Sole
Power Plus expansion and implemented in 2026 once Sole Power Plus is launched, participation increases, and
there is proof of concept. This also allows for fundraising opportunities to help fund the in-app incentive
management tool.
One-time 2025 expansion costs would include a rebrand of the logo with a marketing campaign, a onetime
cost for updating the mobile app to reflect a new Sole Power Plus logo, leaderboards, and badges. Since the
program would become year-round, ongoing costs would include additional operations budget for marketing,
to host happy hours, provide incentives, procure shirts and swag, etc. Additional sponsorships for the program
will be secured as well from partners around the county and local businesses to help offset costs for additional
incentives.
The expansion to Sole Power Plus increases the ability for greater participation in a year-round capacity,
providing opportunity and incentives for employees commuting to Vail and residents living in and coming to
Vail to recreate, shop, attend social engagements, etc. The development of a robust incentives program will
drive participation, shift commuting culture, and encourage those coming to Vail to work, recreate, run
errands, and attend social functions to utilize the Town of Vail bus system, Core Transit or carpooling options
year-round.
Applicable Strategic Priority and Goal: Transportation (D.1) & Environmental (E.3)
Photos:
65
R17
Real Estate Transfer Tax Fund – 2025 Five-Year Plan
Project: Streambank Mitigation
Budget:
Narrative: These projects will address two of the more degraded stretches of aquatic and riparian habitat
in Vail.
The Ford Park streambank project will be planned in winter of 2024/25 and completed in 2026.
The project is a partnership with Trout Unlimited, who is the recipient of $249,000 in funds
from CDPHE for the 2021 Mill Creek algaecide spill, and a $200,000 grant from CPW. Eagle
County Trout Unlimited has also raised $57,000 from its board and members for this project.
With Town of Vail funds, the project partners will have a budget of $606,000 to design and
complete improvements to in-stream and riparian habitat along more than 600 yards of Gore
Creek in Ford Park.
The Mill Creek mitigation will include streambank restoration and riparian habitat
enhancement from Pirateship Park to Gore Creek Drive.
This will help achieve council’s strategic Goal E.1: By 2029, Gore Creek is no longer a 303(d)
listed impaired waterway which would reduce near term risk of losing gold medal fishery status.
Applicable Strategic Priority and Goal: Environmental (E.1)
2025 2026 2027 2028 2029
Streambank Improvements
at Ford Park
$100,000 $0 $0 $0 $0
Mitigation along Mill Creek $40,000 $0 $0 $0 $0
66
2025 CAPITAL PLAN
FINANCE | October 15, 2024
67
2
CAPITAL PLAN | Revenue
Town of Vail | Finance | 10/15/2024 68
3
CAPITAL PLAN | Revenue Assumptions
Town of Vail | Finance | 10/15/2024
Capital Projects Fund
•4.0% General Sales Tax
•Total Forecast: $42.1M
•38% split to CPF:$16.0M
•Construction use tax: $2.2M
Real Estate Transfer Tax
•Real Estate Transfer Tax: $7.6M
•Grant Funding: $125.0K
Housing Fund
•0.5% Housing Sales Tax: $5.2M
•$2.5M Transfer from CPF
69
4
CAPITAL PLAN | Expenditures
Town of Vail | Finance | 10/15/2024 70
5
CAPITAL PLAN | Expenditures
Town of Vail | Finance | 10/15/2024
Capital Projects Fund
•Maintenance of Current Assets
•Capital Improvements/Acquisitions
•PW Shops Debt Service
Real Estate Transfer Tax Fund
•Operations of the Parks, Wildland, Environmental and Art in
Public Places departments
•Capital Maintenance of Current Assets
•Capital Improvements/Acquisitions
•Contributions
Housing Fund
•Capital Community Housing Programs (Buy-Down/Vail InDeed)
•Housing Development Projects/Land Acquisitions
71
6
CAPITAL PLAN | Expenditures
Town of Vail | Finance | 10/15/2024
Priority I
•Council Strategic Plan priorities
•Maintain current capital assets
•Debt Service
•Operations (RETT)
•Current programs
Priority II
• Asset additions
•Asset redevelopment and expansion
•New/expanded programs
•Contributions
72
7
CAPITAL PLAN | Expenditures
Town of Vail | Finance | 10/15/2024
Council Strategic Plan Priority Areas
•Create a strong community and create affordable housing opportunities
•Support our Workforce
•Provide an Authentic Vail Experience
•Transportation
•Environmental Sustainability
Additional Priorities supported by Council:
•Excellent Customer Service
•Public Safety Improvements/maintenance
73
8
CAPITAL PLAN | Expenditures
Town of Vail | Finance | 10/15/2024
2025 Proposed Capital Expenditures by Priority: $79.2M
Note: This chart only includes
Capital Expenditures and
does not include operating
costs funded from the RETT
Fund
Housing, $15.78M,
20%Transportation,
$1.32M, 2%
Environmental
Sustainability,
$1.82M, 2%
Public Safety,
$260.0K, 0%
Dobson, $50.35M,
64%
Capital
Maintenance,
$8.57M, 11%
All Others, $1.13M,
1%
74
9
CAPITAL PLAN | Expenditures
Town of Vail | Finance | 10/15/2024
Capital Expenditures by Strategic Priority
Housing:
•West Middle Creek Placeholder: $10.0M
•InDeed Program/Community Buydowns: $3.8M
•Timber Ridge Habitat for Humanity Contribution: $2.0M
Transportation:
•Car Share Program infrastructure: $117.7K
•South Frontage Rd Pedestrian Improvements: $300.0K
•Gore Valley Train Reconstruction: $430.0K
Environmental:
•Streambank Mitigation within Gore Creek at Ford Park and Mill Creek ($140.0K)
•Geothermal Energy System ($1.5M)
Dobson Ice Arena: $50.4M ($55.4M total)
75
CAPITAL PLAN | Major Projects
Town of Vail | Finance | 10/15/2024 76
11
CAPITAL PLAN | Expenditures
Town of Vail | Finance | 10/15/2024
Capital
Maintenance,
$7.56M, 10%
Asset
Additions/Major
Improvements,
$52.93M, 72%
Debt
Service,
$1.16M, 2%Housing Fund
Transfers,
$11.50M, 16%
2025 Proposed Capital Project Funds Expenditures: $73.1M
77
2025 Major Projects | Capital Projects Fund
Town of Vail | Finance | 10/15/2024
•An ongoing study & initial design is taking place currently to determine the feasibility of a Geothermal Energy System – Offset by a $250K grant from the Colorado Energy Office
•A placeholder of $1.5M is included in the 2025 budget to facilitate outcomes of the study and design.
•Potential to significantly reduce greenhouse gas emissions and operating costs related to the Snowmelt System.
•Council will receive additional information once recommendations from the study are available.
CPF $1.5M Geothermal Snowmelt Energy
System Placeholder
Environmental (E.3)
78
2025 Major Projects | Capital Projects Fund
Town of Vail | Finance | 10/15/2024
•Purchase of two vehicles ($50.0K each) and upgrades to electric
vehicle charging station ($17.7K) for the implementation of a car share
program.
•Car share program would include a monthly membership model.
•Exact location and structure of program pending outcome of feasibility
study.
CPF $117.7K Car Share Program Infrastructure Transportation (D.1)
79
2025 Major Projects | Capital Projects Fund
Town of Vail | Finance | 10/15/2024
Design of pedestrian improvements along the South Frontage
Road from Donovan Park to E Lionshead Circle, as identified
by the Mobility & Transportation Master plan.
Potential improvements include:
•Widening of bike lanes/shoulders
•Separation of bike lanes/shoulders
•Addition of sidewalks
Construction proposed in 2026-2027 ($1.65M)
•Potential for grants and developer funding
CPF $300.0K South Frontage Road Improvements
(Design)
Transportation
80
2025 Major Projects | Capital Projects Fund
Town of Vail | Finance | 10/15/2024
Replacement of town-wide handheld radios used by the Police,
Fire, and Public Works departments.
Replacement required in 2025 due to the ending of support to
current radios by Motorola.
CPF $1.0M Handheld Radio Replacement Maintenance
81
2025 Major Projects | Capital Projects Fund
Town of Vail | Finance | 10/15/2024
Installation of Rapid Flashing
Beacons at the following locations:
•Gore Valley Trail crossing of
Bighorn Road
•Two Locations along Vail Valley
Drive
Improves pedestrian safety and
visibility.
Recommended by the Mobility &
Transportation Master plan.
CPF $150.0K Rapid Flashing Beacon Installation Public Safety
82
2025 Major Projects | Capital Projects Fund
Town of Vail | Finance | 10/15/2024
Planned redevelopment of the Dobson arena to include roof improvements,
locker room improvements, ADA access modifications, concession
improvements and more. Total Budget for this project is $55.4M (2023-2025)
Construction is anticipated to begin in the Spring of 2025.
Most likely will utilize financing
by TOV or VRA
•Financing model is yet to be
determined
CPF $50.4M Dobson Arena Redevelopment
83
19
CAPITAL PLAN | Expenditures
Town of Vail | Finance | 10/15/2024
Operating, $4.28M, 47%
Maintenance,
$1.06M, 12%
New/Major
Improvements,
$1.90M, 21%
Programs,
$1.61M, 17%
Contributions,
$140.63K, 1%
Booth Heights Debt
Service, $200.06K,
2%
2025 Proposed RETT Fund Expenditures: $9.2M
84
20
CAPITAL PLAN | Expenditures
Town of Vail | Finance | 10/15/2024
Fund Balance $7.7M $6.0M $6.2M $5.1M $5.3M
$-
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
2025 2026 2027 2028 2029
RETT Fund Projected Revenues and Expenditures by Category
Operating Maintenance Programs Debt Service
Contributions New/Major Improvements Projected Total Revenue
85
2025 Major Projects | RETT Operating
Town of Vail | Finance | 10/15/2024
RETT $275.0K Booth Creek Fuels Implementation Public Safety
•Funds to hire contracts to implement mechanical fuels reduction
for the Booth Creek Fuels Project.
•Fuels reduction to take place on U.S. Forest Service Land
•$125.0K grant from the USFS will offset a portion of this cost.
86
2025 Major Projects | RETT Operations
Town of Vail | Finance | 10/15/2024
RETT $100.0K Booth Heights / Booth Creek
Trailhead Fuels Reduction
Public Safety
Funds to hire contractors on Town of Vail-owned land at the
following locations:
•Booth Heights Parcel
•Booth Creek Trailhead
Aims to complement work to take place on adjacent USFS land
and connect to previous treatment areas.
87
2025 Major Projects | RETT Operations
Town of Vail | Finance | 10/15/2024
RETT $150.0K Gore Creek Pesticide Study &
Campaign
Environmental (E.1)
•$100.0K in funds are requested
to complete a pesticide study to
better identify sources of
chemical pollution in Gore Creek.
•$50.0K in funds are requested to
be used in a campaign with state
policy makers regarding the
negative impacts that
landscaping chemicals are having
on aquatic life in Gore Creek.
88
2025 Major Projects | RETT Capital
Town of Vail | Finance | 10/15/2024
RETT $300.0K Ford Park Lower Bench Turf Maintenance
•Replacement of sod in a
heavily-worn section
Ford Park
•Area was disturbed
during a sewer line
project and not properly
repaired
89
2025 Major Projects | RETT Capital
Town of Vail | Finance | 10/15/2024
RETT $150.0K Bighorn Park Play Area Maintenance Public Safety
•Large -scope maintenance
and replacements of the
play area
•Replacement of main
wood support logs
•Railing improvements
•New netting
•Painting/staining
•ADA compliance
improvements
•Replacement of two
play components
90
2025 Major Projects | RETT Capital
Town of Vail | Finance | 10/15/2024
RETT $750.0K Gore Creek Promenade Rehabilitation Maintenance
•Placeholder for Gore Creek
Promenade Rehabilitation
•Project anticipated to include
solutions to ongoing turf
deterioration, streambank
erosion, limited seating, lack of
ADA access, tree health
decline, and narrow width of
walkway
•$1.75M place-held from 2025-
2026
•Actual construction cost may
require adjustment based on
design outcome
91
2025 Major Projects | RETT Capital
Town of Vail | Finance | 10/15/2024
RETT $250.0K Gore Valley Trail Separation along Bighorn
Road - Design
Transportation
•Design of a separated recreational trail along Bighorn Road
•Would allow pedestrians and bicyclists a safer and more enjoyable
experience, with more separation from vehicles traveling at 40 – 50 mph
•Potential grant reimbursement for design up to $210.0K
•Construction of improvements not included in plan- Cost is pending outcome
of design process
•Recommended improvement in the Mobility & Transportation Master Plan
92
2025 Major Projects | RETT Capital
Town of Vail | Finance | 10/15/2024
RETT $100.0K Ford Park Streambank Mitigation Environmental (E.1)
•$100.0K for in-stream improvements and riparian habitat
restoration along Gore Creek in Ford Park
•Work would compliment the restoration that will be conducted
by Eagle County Trout Unlimited, who is the recipient of
$249.0K in funds from CDPHE for the 2021 Mill Creek algaecide
spill, and a $200.0K grant from CPW.
93
29
CAPITAL PLAN | Housing Fund
Town of Vail | Finance | 10/15/2024 94
2025 CAPITAL PLAN | Housing Fund
Town of Vail | Finance | 10/15/2024
InDeed
Program ,
$1.50M, 10%
Buy Down Housing,
$2.28M, 14%
Timber Ridge Habitat
Contribution, $2.0M,
13%West Middle Creek
Redevelopment
(Placeholder),
$10.0M, 63%
2025 Proposed Housing Fund Expenditures: $15.8M
95
31
CAPITAL PLAN | Capital Reserves
Town of Vail | Finance | 10/15/2024 96
32
CAPITAL PLAN | Reserves
Town of Vail | Finance | 10/15/2024
97
CAPITAL PLAN | Prioritization of Unfunded Projects
Several large projects are on the horizon and not included in the long- term capital plan at this time:
Town of Vail | Finance | 10/15/2024
Project Name Fund
West Vail Roundabout Lighting Project ($2.4M)Capital
Vail Village & Ford Park Bollard Installation ($1.3M)Capital
Municipal Complex Redevelopment Capital
Permanent Location for Children’s Garden of Learning Capital
Vail Village Transit Center Improvements Capital
West Vail Master Plan Outcomes Capital
Gore Valley Trail improvements near Lionshead Gondola RETT
West Middle Creek Housing Development Housing
Development of CDOT East Vail Housing Parcel Housing
98
CAPITAL PLAN | Recap
•Does Council agree with the proposed capital plan?
•Would Council like to re-prioritize any unfunded projects by moving
them to the five-year plan, and moving other projects to the
unfunded list in their place?
•Are there any other changes or additions to the Capital, Housing or
RETT funds?
•Does Council support broadening the use of the annual $2.5M
transfer to the Housing Fund from InDeed funding to also support
community housing purchases and projects?
Town of Vail | Finance | 10/15/2024
99
2025 BUDGET | Timeline
Budget Item Council Meeting Date
First Draft Town Manager
Budget
November 5
First reading Budget Ordinance November 19
Second reading Budget
Ordinance
December 3
Town of Vail | Finance | 10/15/2024
100
AGENDA ITEM NO. 2.2
Item Cover Page
DATE:October 15, 2024
TIME:45 min.
SUBMITTED BY:Steph Johnson, Finance
ITEM TYPE:Presentation/Discussion
AGENDA SECTION:Presentation/Discussion (1:35pm)
SUBJECT:Compensation & Benefits (3:05pm)
SUGGESTED ACTION:Listen to presentation and provide feedback.
PRESENTER(S):Krista Miller, Director of Human Resources
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
2024-10-15 Comp Bene Budget Presentation, 2025 budget
2024_10_15 Comp Bene Budget Presentation 2025 budget
101
PRESENTATION BY
Human Resources/Risk Management
2025 Budget
Compensation &
Benefits
102
2
Compensation & Benefits Budget Preview | Agenda
•Compensation Strategy & Philosophy Review
•Compensation Trends and Projections
•Benefit Projections
Town of Vail | Human Resources | vail.gov 103
Provide a Competitive Total Rewards Package
Employee Experience
Culture
Leadership
Connection
Compensation Package
Competitive base pay
Core benefits offering
Livability (Housing, child care etc.)
Learning Opportunities
Meaningful work
Career progression
Learning and Development
Town of Vail | Human Resources | vail.gov 104
Compensation Philosophy
Compensation
Philosophy
Brand
Our compensation philosophy should align with our brand – a world class resort
with world class people
•Brand Alignment, Premium performance = premium pay (70-75th percentile)
•Effective in Motivating, Retaining & Recruiting employees
•Data Driven – using valid sources & study every 3 years
•Flexible and Responsive to organization & employee needs
Town of Vail | Human Resources | vail.gov 105
Compensation Philosophy - A Changing Landscape
Compensation Planning 2025 and
beyond:
•Varied salary pressure
•Inflation leveling off
•Current trends and challenges
•Housing access & affordabilityCompensation Package
Competitive base pay
Core benefits offering
Livability (Housing, child care, etc.)
Town of Vail | Human Resources | vail.gov 106
TOV Current State
Town of Vail | Human Resources | vailgov.com
Recruitment / Retention
•Improved candidate flow
•Continued challenges filling
specialized roles
•YTD 2024 turnover 10.5%
•Housing and cost of living continue to
be the biggest hurdle in recruitment
and retention
11.3%
7.8%
14.3%
17.4%17.8%
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
2019 2020 2021 2022 2023
Full Time Employee Turnover
107
TOV Current State
Town of Vail | Human Resources | vail.gov
Current Salary Study
•Most positions ranges are close to market expectations
•Minor range adjustments are being planned for 2025
•A few areas are showing a need for more adjustments to address competitiveness
•Next steps
•Evaluate incumbent pay levels
•Finalize Pay Ranges for 2025
•Implement necessary adjustments
108
Employment & Economic Trends
Town of Vail | Human Resources | vail.gov
Colorado Unemployment increased slightly to 4.0%
Job growth in Colorado
•Non-farm estimated -0.3% year-over-year
•Government estimated at 3.4% year-over-year
Source: https://www.bls.gov/regions/mountain-plains/summary/blssummary_denver.pdf
109
Economic Trends - Compensation
Town of Vail | Human Resources | vail.gov
Employment Cost Index – June 2024
Up 4.9% over the last year
Mountain Division: Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming.
110
Economic Trends – Consumer Price Index
Town of Vail | Human Resources | vail.gov
Source: https://www.bls.gov/regions/mountain-plains/summary/blssummary_denver.pdf
Consumer Price Index, Denver-Aurora-Lakewood area – July 2024
Up 1.9% over the last year
111
Compensation Projections - 2025
Compensation Projections
•Preliminary surveys show increase projections between 4% and 6% in our
comparison market
•More employers using COLA &/or market adjustments in addition to merit
•Merit projections returning to historical trends
Trends to Monitor
•Expansion of holiday recognition (Juneteenth)
•Expanding PTO for part-time and seasonal positions
•Local entry-level starting pay rates
Town of Vail | Human Resources | vail.gov 112
Compensation Projections - 2025
Town of Vail Budget
•Current placeholder for critical market needs identified in current salary
study (Pay equity, local market impacts, etc.)
•Recommend 5% in overall annual increase projections for initial budget
draft
•Combination of Merit allocations & Special Recognitions
Livability Resources
Childcare & Housing Challenges remain
•Childcare remains priority is critical for working families
•Continue employee discounts / explore additional access
•Housing gap widening
•Employee housing study – review of practices & programs
•EHOP – Revamp housing loan program
Town of Vail | Human Resources | vail.gov 113
Benefits – Looking forward to 2025
Town of Vail | Human Resources | vail.gov 114
Benefits Package
Health Plan Costs - Per Employee Per Month (PEPM)
$-
$200.00
$400.00
$600.00
$800.00
$1,000.00
$1,200.00
$1,400.00
$1,600.00
$1,800.00
$2,000.00
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
est
YTD thru June
Town of Vail | Human Resources | vail.gov 115
Town of Vail | Human Resources
Benefits Package
0
50
100
150
200
250
300
$0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Pl
a
n
E
n
r
o
l
l
m
e
n
t
Pl
a
n
C
o
s
t
s
Budget
Actual
Empl on plan (avg)
Health Plan Costs vs. Budget
Town of Vail | Human Resources | vail.gov 116
Town of Vail | Human Resources
Benefits Package
Health Plan
•2024 Medical Claims
•Claims leveling and continue slightly below trend
•Higher enrollment due to filling vacancies
•2024 Health Plan – RFP for medical TPA (claims
administrator)
•UMR selected – favorable rates in network (3% less)
•One-time discounts for transition
•Expanding slop loss coverage options
•Optum pharmacy selected – savings in expenses Re-
negotiated Vail Health direct contract
117
Town of Vail | Human Resources
Benefits Package
Other Benefit Renewals
•Rate guarantees/flat renewals for the
following:
•Life and Disability insurances
•Survivor income benefit
•Dental and Vision
•Flex Spending & COBRA
Town of Vail | Human Resources | vail.gov 118
Town of Vail | Human Resources
Benefits Package
2025 Benefit Outlook
•Medical Plan
•Expect about 1-3% increase
•Stop Loss – need to budget large claims then get reimbursed
•Dental / Vision Plans – explore network expansion
•Study Retiree Health Plan and Retiree Health Savings options
Benefit Recommendations
•Supplemental benefit marketing – Accident/Critical Care (mid-year)
•Explore paid leave enhancements (Parental leave to align with FAMLI)
•Research benefit trends (Part-time coverage, ancillary benefits, survey
employee priorities)
Town of Vail | Human Resources | vail.gov 119
Town of Vail | Human Resources
2025 Budget Recommendations
2025 Compensation Budget
•Compensation Study / Market Adjustment - $600,000 (1.7%)
•Five (5%) Merit and Special Recognition pool - $1.4M
2025 Benefit Budget
•Medical Plan - 1-3% increase (to be finalized after Stop Loss bids)
•Adjust salary-based coverage accordingly (flat rate renewals)
Town of Vail | Human Resources | vail.gov 120
Town of Vail | Human Resources
2025 Budget Recommendations
2025 Preliminary (Draft) Compensation & Benefit Budget
Town of Vail | Human Resources | vail.gov 121
Thank you
122
PRESENTATION BY
Human Resources/Risk Management
2025 Budget
Compensation &
Benefits
123
2
Compensation & Benefits Budget Preview | Agenda
•Compensation Strategy & Philosophy Review
•Compensation Trends and Projections
•Benefit Projections
Town of Vail | Human Resources | vailgov.com
124
Provide a Competitive Total Rewards Package
Employee Experience
Culture
Leadership
Connection
Compensation Package
Competitive base pay
Core benefits offering
Livability (Housing, child care etc.)
Learning Opportunities
Meaningful work
Career progression
Learning and Development
Town of Vail | Human Resources | vailgov.com
125
Compensation Philosophy
Compensation
Philosophy
Brand
Our compensation philosophy should align with our brand – a world class resort
with world class people
•Brand Alignment, Premium performance = premium pay (70-75th percentile)
•Effective in Motivating, Retaining & Recruiting employees
•Data Driven – using valid sources & study every 3 years
•Flexible and Responsive to organization & employee needs
Town of Vail | Human Resources | vail.gov
126
Compensation Philosophy - Brand Alignment
Compensation
Philosophy
Brand
Our compensation philosophy should
align with our brand – a world class
resort with world class people
• Premium service and work outcomes
in exchange for the opportunity to
earn premium pay
• Premium pay will be demonstrated by
pay grades with midpoints that are
aligned with the 65th to 75th percentile
of the competitive market adjusted for
cost of labor differences in the Vail
valley.
• Individual advancement through the
ranges will be based on performance.
Town of Vail | Human Resources | vailgov.com
127
Compensation Philosophy - Effectiveness
Our programs will be built, and evaluated for
effectiveness, considering three
goals. Programs must:
•Motivate employees to deliver the
highest quality service and performance.
•Retain quality employees with
competitive pay, and opportunity to
improve earnings through performance
driven increases and advancement
•Attract candidates that are by nature
aligned with our brand and deliver
premium performance. We will be data
driven
Town of Vail | Human Resources | vailgov.com
128
Compensation Philosophy - Data Driven
Our programs and decisions will be data
driven. We will survey the market
annually to identify trends and changes
that may impact our ability to motivate,
retain, and attract quality employees.
• Compensation Surveys used will
be from reputable sources, with
statistically valid data collection
processes.
• Cost of Labor adjustments will be
based on data collected by
reliable sources such as the
Bureau of Labor Statistics
129
Compensation Philosophy - Responsive
We recognize that one size
doesn’t fit all. Our programs will
be responsive to changing
employee demographics.
Flexibility may allow employees
to add cash to their paychecks.
Town of Vail | Human Resources | vailgov.com
130
Compensation Philosophy - A Changing Landscape
Compensation Planning 2025 and
beyond:
•Varied salary pressure
•Inflation leveling off
•Current trends and challenges
•Housing access & affordabilityCompensation Package
Competitive base pay
Core benefits offering
Livability (Housing, child care, etc.)
Town of Vail | Human Resources | vailgov.com
131
TOV Current State
Town of Vail | Human Resources | vailgov.com
Recruitment / Retention
•Improved candidate flow
•Continued challenges filling
specialized roles
•YTD 2024 turnover 10.5%
•Housing and cost of living continue to
be the biggest hurdle in recruitment
and retention
11.3%
7.8%
14.3%
17.4%17.8%
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
2019 2020 2021 2022 2023
Full Time Employee Turnover
132
TOV Current State
Town of Vail | Human Resources | vailgov.com
Current Salary Study
•Most positions ranges are close to market expectations
•Minor range adjustments are being planned for 2025
•A few areas are showing a need for more adjustments to address competitiveness
•Below is a sample of the type of analysis done on each role
•Next steps
•Evaluate incumbent pay levels
•Finalize Pay Ranges for 2025
•Implement necessary adjustments
133
Employment & Economic Trends
Town of Vail | Human Resources | vailgov.com
Colorado Unemployment increased slightly to 4.0%
Job growth in Colorado
• Non-farm estimated -0.3% year-over-year
• Government estimated at 3.4% year-over-year
Source: https://www.bls.gov/regions/mountain-plains/summary/blssummary_denver.pdf
134
Economic Trends - Compensation
Town of Vail | Human Resources | vail.gov
Employment Cost Index – June 2024
Up 4.9% over the last year
Mountain Division: Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming.
135
Economic Trends – Consumer Price Index
Town of Vail | Human Resources | vailgov.com
Source: https://www.bls.gov/regions/mountain-plains/summary/blssummary_denver.pdf
Consumer Price Index, Denver-Aurora-Lakewood area – July 2024
Up 1.9% over the last year
136
Compensation Projections - 2025
Compensation Projections
•Preliminary surveys show increase projections between 4% and 6% in our
comparison market
•More employers using COLA &/or market adjustments in addition to merit
•Merit projections returning to historical trends
Trends to Monitor
•Expansion of holiday recognition (Juneteenth)
•Expanding PTO for part-time and seasonal positions
•Local entry-level starting pay rates
Town of Vail | Human Resources | vailgov.com
137
Compensation Projections - 2025
Town of Vail Budget
•Current placeholder for critical market needs identified in current salary
study (Pay equity, local market impacts, etc.)
•Recommend 5% in overall annual increase projections for initial budget
draft
•Combination of Merit allocations & Special Recognitions
Livability Resources
Childcare & Housing Challenges remain
•Childcare remains priority is critical for working families
•Continue employee discounts / explore additional access
•Housing gap widening
•Employee housing study – review of practices & programs
•EHOP – Revamp housing loan program
Town of Vail | Human Resources | vailgov.com
138
Benefits – Looking forward to 2025
Town of Vail | Human Resources | vailgov.com
139
Benefits Package
Health Plan Costs - Per Employee Per Month (PEPM)
$-
$200.00
$400.00
$600.00
$800.00
$1,000.00
$1,200.00
$1,400.00
$1,600.00
$1,800.00
$2,000.00
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
est
YTD thru June
Town of Vail | Human Resources | vailgov.com
140
Town of Vail | Human Resources
Benefits Package
0
50
100
150
200
250
300
$0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Plan Enrollment
Plan Costs
Budget
Actual
Empl on plan (avg)
Health Plan Costs vs. Budget
Town of Vail | Human Resources | vail.gov
141
Town of Vail | Human Resources
Benefits Package
Health Plan
• 2024 Medical Claims
• Claims leveling and continue slightly below trend
• Higher enrollment due to filling vacancies
• 2024 Health Plan – RFP for medical TPA (claims
administrator)
• UMR selected – favorable rates in network (3% less)
• One-time discounts for transition
• Expanding slop loss coverage options
• Optum pharmacy selected – savings in expenses Re-
negotiated Vail Health direct contract
142
Town of Vail | Human Resources
Benefits Package
Other Benefit Renewals
• Rate guarantees/flat renewals for the
following:
• Life and Disability insurances
• Survivor income benefit
• Dental and Vision
• Flex Spending & COBRA
Town of Vail | Human Resources | vail.gov
143
Town of Vail | Human Resources
Benefits Package
2025 Benefit Outlook
• Medical Plan
• Expect about 1-3% increase
• Stop Loss – need to budget large claims then get reimbursed
w Dental / Vision Plans – explore network expansion
w Study Retiree Health Plan and Retiree Health Savings options
Benefit Recommendations
w Supplemental benefit marketing – Accident/Critical Care (mid-year)
w Explore paid leave enhancements (Parental leave to align with FAMLI)
w Research benefit trends (Part-time coverage, ancillary benefits, survey
employee priorities)
Town of Vail | Human Resources | vail.gov
144
Town of Vail | Human Resources
2025 Budget Recommendations
2025 Compensation Budget
• Compensation Study / Market Adjustment - $600,000 (1.7%)
w Five (5%) Merit and Special Recognition pool - $1.4M
2025 Benefit Budget
w Medical Plan - 1-3% increase (to be finalized after Stop Loss bids)
w Adjust salary-based coverage accordingly (flat rate renewals)
Town of Vail | Human Resources | vail.gov
145
Town of Vail | Human Resources
2025 Budget Recommendations
2025 Preliminary (Draft) Compensation & Benefit Budget
Town of Vail | Human Resources | vail.gov
146
Thank you
147
AGENDA ITEM NO. 2.3
Item Cover Page
DATE:October 15, 2024
TIME:30 min.
SUBMITTED BY:Martha Anderson, Housing
ITEM TYPE:Presentation/Discussion
AGENDA SECTION:Presentation/Discussion (1:35pm)
SUBJECT:VLHA Semi-Annual Housing Update (3:50pm)
SUGGESTED ACTION:Listen to presentation and provide feedback.
PRESENTER(S):Jason Deitz, Housing Director
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
Housing Update to Council 10152024.pdf
148
75 South Frontage Road West Housing Department
Vail, Colorado 81657 housing@vail.gov
Vail.gov
MEMORANDUM
To: Vail Town Council
From: Jason Dietz, Housing Director,
Steve Lindstrom, VLHA Chairman
Date: October 15, 2024
Re: 2024 Housing Update
I. Purpose
The purpose of this memorandum is to present a look back into recent Housing efforts and a
strategic look forward for delivering on housing in the Vail community.
II. Topics for Discussion
The Vail Local Housing Authority and the Vail Town Council, collaborating, have realized
substantial success in delivery of housing for the Vail community. Much of the success is
attributed to thoughtful and strategic planning and collaboration between the two entities.
Today we will provide a recap on the following general topics:
• Vail InDEED and Deed Restriction Progress
• Policies
• Housing Funds
• Current and Ongoing Developments
A. VAIL INDEED AND DEED RESTRICTION PROGRESS
Progress Towards the 2027 Strategic Housing Goal
As driven by the 12 Housing Policy Statements and the collaborative partnership between the
Vail Town Council and the Vail Local Housing Authority, progress towards the housing goals is
achieved through a variety of initiatives and actions:
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Town of Vail
• Community Housing Developments
• Vail InDEED Purchases
• Town of Vail Buy-Downs
• Inclusionary Zoning and Commercial Linkage Housing Requirements
Vail Housing Partners continues to seek opportunities for community housing projects and
partnerships for Town Council to consider. The Authority and Housing Department sees an
opportunity to further the aggressive approach in working towards the current and future goals
through future discussion around partnerships opportunities, exploring community housing
outside of Town of Vail and to explore the transfer of under-performing deed restrictions.
The Vail Housing 2027 plan was adopted on September 6, 2016, with 698 deed restrictions on
record at the time. As of today, there are 1036 Deed Restrictions
a. Residences at Main Vail (RMV) 2023/2024: 72 is included in the 1036
b. 2026 Timber Ridge Village: 302 units - 96 existing units equal 206 net new
c. 2027 West Middle Creek (WMC): 268 units
d. 2027 from East Vail: approximately 30 units
e. Leaves 158 units from 2025-2027 to capture through Vail InDEED, buydowns,
private development and EHU exchanges
698 849 905 947 1036
1242
1698
0
500
1000
1500
2000
2016 2018 2020 2022 2024 2026 2027
PROGRESS TOWARDS VAIL HOUSING 2027
DEED RESTRICTIONS Forecast(DEED RESTRICTIONS)
WMC &
East Vail
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3 | Page
Town of Vail
2024 Vail InDEED Year in Review
• The Vail InDEED program was impacted by the rise in interest rates and the decline in
inventory with a decrease in the total number of deed restrictions acquired
• The VLHA reviewed 7 applications and 1 closed in comparison to 2023 when 4 closed
and 1 was reviewed and withdrawn
• $12,738,118 has been invested since 2017 in Vail InDEED funds, totaling 176 deed
restrictions
• The summary can always be found on the home page of vailindeed.com
• 23 are out of the Town of Vail boundary, at 6 West Apartments in Edwards
Averages to date:
• Cost per deed restriction - $72,376
• Cost per square foot - $86
• Cost per bedroom - $45,171
• Estimated total number of Vail residents provided homes since inception – 388
Update on Real Estate Transactions YTD (purchases, buy downs, resales)
In 2024, the Town of Vail has purchased a total of 5 properties and have sold one. From the 5
properties purchased, 4 are being used for the internal housing program and one is leased to a
community member in hospice care and after passing, it will be sold in a community lottery.
The Town has had 4 resales of deed-restricted homes, three were sold in a community lottery
and one was sold in an internal employee lottery. Two more resales are expected to happen
before the end of 2024.
B. POLICIES
Community Housing Zone Districts & DRB Procedure Update – Zones 1, 2, 3
The following projects and initiatives serve as key factors in future progress towards the goal:
• Update commercial linkage and adopt residential linkage
• Zoning and Development Review Reform
The Authority was pleased to lean in with securing Mauriello Planning Group, LLC to assist with
driving efforts to establish additional zone districts and fast track affordable housing projects.
The Town has recently removed PEC review of development plans in the Community Housing
districts, projects can go straight to design review. This was done to expedite the review for
affordable projects as a by-right development in these districts.
Recent changes to the Community Housing districts:
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4 | Page
Town of Vail
• January 2024: Increased allowable height of retaining walls in these districts without a
variance
• January 2024: Created a second Housing zone district. Adopted changes to the housing
districts which included defined zoning standards to make it easier for developers.
Removed PEC review of development plans in the housing districts.
• June 2024: Created a third Housing zone district; each of the three Community Housing
zone districts has different allowable heights to create more flexibility for rezonings
• Changes were made to streamline the review specific to the community housing
districts, which require a minimum of 70% deed-restricted housing as a total percentage
per project
Streamlining and Local Planning Capacity (LPC) Grant from DOLA
With the support and input from the VLHA, the Town of Vail was awarded with $208,000 to be
used by December 31, 2027 to support the efforts and fast tracking of affordable housing
projects within the Town of Vail. The grant funds will be used to further the Towns efforts to
fast-track code and policy to facilitate the creation of community housing. To do this the Town
will hire qualified consultants to explore/implement:
• Land use development code amendments and lean process improvements
• Further explore linkage fees, credits and other strategies to incentivize
community housing projects.
o Revamping the Towns Inclusionary zoning into a residential linkage
program is a top priority
• Expedite review of applications/permits
• Advise on financing and underwriting for affordable housing projects
The Town is working with DOLA and has uploaded the Towns current status report and is now
working on project implementation, outreach and securing consultants. This will include a
public procurement process for the consultants and community feedback and engagement on
all proposed strategies and policies prior to implementing the proposed strategies and policies.
The Project consists of hiring qualified consultants to implement new fast track
policies/procedures, to advise on financing, underwriting, and project management of housing
projects, utilizing contract grant writers to pursue funding for affordable housing, and to
generally advance affordable housing goals and achieve Proposition 123 requirements in Vail,
Colorado. The grant has been awarded to the Town of Vail to generally advance affordable
housing goals and achieve Proposition 123 compliance. The grant will be managed by the Town
of Vail gaining feedback from VLHA on policies, strategies and tasks derived from the grant.
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Town of Vail
C. HOUSING FUNDS
The Town has allocated $114.3M to housing capital expenditures between 2020 and 2024,
which makes up 42% of the total capital expenses over that time period. The Town of Vail, as
the 3rd largest employer in Vail, continues to face challenges in attracting and retaining
employees due to the high costs of Housing. Therefore, the Town of Vail has invested $16.2M in
real estate acquisitions for Town of Vail employee housing and continues to make a significant
investment in real estate to house its workforce, currently housing about a fourth of the Town’s
workforce, this includes mainly employees in critical and essential positions.
D. CURRENT AND ONGOING DEVELOPMENTS
Looking forward beyond 2024, the projects below will drive housing successes into the coming
years. They include the following:
Timber Ridge:
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Town of Vail
• 302 for sale condos – Studio, 1, 2, 3 and 4-bedroom units
• $400,100 - $1,043,900
• 60 units sold to local businesses for employee rental
• First closings expected in 2026
• Modular construction, consisting of 446 modules
The Town of Vail is providing $38.6 million in up-front construction funding in addition to $10.4
million in land, both of which will be repaid back to the town upon sale of the homes. The town
is also investing in the project by purchasing $25.5 million in homes, plus contributing $1.9
million to construct a new transit stop at the development.
East Vail:
• Project is envisioned to be a for sale townhome development similar to
Chamonix
• Looking to finalize the conveyance of land from CDOT to the Town of Vail buy
the end of the year
• 2025, start project land planning and entitlements
West Middle Creek:
• The WMC Project, upon completion, will include three 6-story buildings; each
with apartments on 4 levels over a 2-story parking structure.
• The project will include 268 total units ranging from studios to 2-bed, 2-bath
units.
• The targeted rents are for middle-income housing with average median income
(“AMI”) targets ranging from 80 to 140%, with an average AMI of 110%.
• Corum is currently working to negotiate a potential Master Lease for a portion of
the planned units.
• Infrastructure GMP and building IGMP in place
• Underwriting RFP in process
• Targeting a spring 2025 start
154
AGENDA ITEM NO. 3.1
Item Cover Page
DATE:October 15, 2024
SUBMITTED BY:Greg Roy, Community Development
ITEM TYPE:DRB/PEC Update
AGENDA SECTION:DRB/PEC (4:20pm)
SUBJECT:DRB/PEC Update (5 min.)
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
DRB Results 10-2-24
155
Design Review Board Minutes
Wednesday, October 2, 2024
2:00 PM
Vail Town Council Chambers
Present: Roland J Kjesbo
Kit Austin
Mary Egan
Rys Olsen
Herbert Roth
Absent:
1. Virtual Meeting Link
Register to attend Design Review Board Meetings. Once registered, you will receive
a confirmation email containing information about joining this webinar.
2. Call to Order
3. Main Agenda
3.1 DRB23-0365.002 - Ludwin Residence
Final review of a change to approved plans (railing changes)
Address/ Legal Description: 4939 Meadow Drive B/Lot 12, Block 5, Bighorn Subdivision 5th Addition
Planner: Jamie Leaman-Miller
Applicant Name: Gary & Deanna Ludwin, represented by Alicia Davis Architect
PC DRB24-0365.002 Application.pdf
Herbert Roth made a motion to Table to a date uncertain; Rys Olsen seconded the motion Passed (5
- 0).
3.2 DRB24-0346 - Dobson Arena
Final review of an addition (expansion/renovation)
Address/ Legal Description: 321 West Meadow Drive/Lot 5, Block 1, Vail Lionshead Filing 2
Planner: Greg Roy
Applicant Name: Town of Vail , represented by Greg Hall
Dobson Ice Arena DRB Narrative.pdf
DRB24-0346 Plans.pdf
Rys Olsen made a motion to Table to the October 16, 2024 DRB meeting; Roland J Kjesbo
seconded the motion Passed (5 - 0).
4. Staff Approvals
4.1 DRB24 -0022.001 - Peterson/French Residence
Final review of a change to approved plans (roof/deck)
Address/ Legal Description: 2359 Chamonix Lane/Lot 13, Block A, Vail Das Schone Filing 1
Planner: Jamie Leaman-Miller
Applicant Name: Zachary Peterson & Hannah French, represented by Harris French & Associates
Design Review Board Meeting Minutes of October 2, 2024
1
156
4.2 DRB24-0120 - Johnson Residence
Final review of an exterior alteration (deck)
Address/ Legal Description: 2401 Upper Traverse Way 14/Parcel B/Vail Das Schone Filing 1
Planner: Jonathan Spence
Applicant Name: Thomas & Carol Johnson, represented by Chamonix Vail HOA
4.3 DRB24-0289- Andrus Trust
Final review of an exterior alteration (windows/doors)
Address/ Legal Description: 4660 Vail Racquet Club Drive 12/Vail Racquet Club Condominiums
Planner: Jamie Leaman-Miller
Applicant Name: Andrus Trust, represented by Winston Cole LLC
4.4 DRB24-0309 - Mirza/Hyder Residence
Final review of an exterior alteration (window/door)
Address/ Legal Description: 4770 Bighorn Road 3H/Racquet Club Townhomes
Planner: Jamie Leaman-Miller
Applicant Name: Alisa Mirza & Kazim Hyder, represented by AG Marble & Granite, LLC
4.5 DRB24-0310 - Mucasey Residence
Final review of an exterior alteration (landscape)
Address/ Legal Description: 3848 Bridge Road/Lot 7, Block 1, Bighorn Subdivision 1st Addition
Planner: Jamie Leaman-Miller
Applicant Name: Mark & Judy Mucasey, represented by Ceres Landcare
4.6 DRB24-0317 - Creekside
Final review of an exterior alteration (stucco/gutter/trex/snowmelt)
Address/ Legal Description: 223 Gore Creek Drive/Lot A, Block 5B, Vail Village Filing 1
Planner: Jamie Leaman-Miller
Applicant Name: Creekside Condos, represented by The Reynolds Corporation
4.7 DRB24-0344 - Slopeside 486
Final review of a tree removal
Address/ Legal Description: 486 Forest Road B/Lot 1, Block 1, Vail Village Filing 6
Planner: Jonathan Spence
Applicant Name: Slopeside 486, represented by Old Growth Tree Service
4.8 DRB24-0347 - Dunn Residence
Final review of an exterior alteration (deck posts/fasteners)
Address/ Legal Description: 3910 Fall Line Drive 19/Lot 19, Pitkin Creek Townhomes
Planner: Jamie Leaman-Miller
Applicant Name: Dunn Family Trust, represented by TA Beck Company
4.9 DRB24-0348 - Columbine North 2024 (Exterior)
Final review of an exterior alteration (building E re-roof)
Address/ Legal Description: 2771 Kinnikinnick Road/Lot 2, Block 4, Vail Intermountain
Development Subdivision
Design Review Board Meeting Minutes of October 2, 2024
2
157
Planner: Heather Knight
Applicant Name: Columbine North, represented by Turner Morris Roofing
4.10 DRB24-0351 - Deutsch Residence
Final review of an exterior alteration (hot tub)
Address/ Legal Description: 1593 Matterhorn Circle/Lot 28, Matterhorn Village Filing 1
Planner: Jonathan Spence
Applicant Name: Jamie Deutsch
4.11 DRB24-0354 - TBJJK LLC
Final review of an exterior alteration (deck)
Address/ Legal Description: 74 Willow Road 403/Lot 8, Block 6, Vail Village Filing 1
Planner: Jonathan Spence
Applicant Name: TBJJK LLC, represented by Plath Roofing Inc
4.12 DRB24-0358 - Bodnar Residence
Final review of an exterior alteration (replace windows)
Address/ Legal Description: 1710 Sunburst Drive/Lot 1, Sunburst Filing 3
Planner: Jonathan Spence
Applicant Name: Frances Bodnar, represented by Lifetime Windows & Siding
4.13 DRB24-0361 - Rolland Residence
Final review of a tree removal
Address/ Legal Description: 1854 Glacier Court A/ Lot 25, Block 2, Lion's Ridge Subdivision
Planner: Jamie Leaman-Miller
Applicant Name: Jodi & Robert Rolland, represented by Vail Valley Tree Service
4.14 DRB24-0364 - Boyd Residence
Final review of a tree removal
Address/ Legal Description: 385 Forest Road/Lot 2, Block 2, Vail Village Filing 3
Planner: Jonathan Spence
Applicant Name: Thomas Boyd for Oakwood Trust, represented by Old Growth Tree Service
4.15 DRB24-0371 - Martino Residence
Final review of an exterior alteration (windows)
Address/ Legal Description: 1240 Lions Ridge Loop 1B/ Simba Run Subdivision
Planner: Jonathan Spence
Applicant Name: Drew & Leigh Martino, represented by EK Construction Services
4.16 DRB24-0375 - 1593 Matterhorn LLC
Final review of a tree removal
Address/ Legal Description: 1593 Matterhorn Circle/Lot 28, Matterhorn Village Filing 1
Planner: Jonathan Spence
Applicant Name: 1593 Matterhorn LLC, represented by Alpine Tree Services LLC
4.17 DRB24-0109 Summer's Lodge 2024
Final review of an exterior alteration (paint)
Design Review Board Meeting Minutes of October 2, 2024
3
158
Address/ Legal Description: 123 Willow Place/Lot 5, Block 6, Vail Village Filing 1
Planner: Heather Knight
Applicant Name: Summers Lodge Condo, represented by Avanti Inc
4.18 DRB24-0379 - Gore Residence
Final review of an exterior alteration (boiler/water heater)
Address/ Legal Description: 2335 Bald Mountain Road C12/Lot 26, Block 2, Vail Village Filing 13
Planner: Jonathan Spence
Applicant Name: Theron & Ashleigh Gore, represented by Eagle Mountain Plumbing and HVAC
4.19 DRB24-0334 - Frank & Mason Residences
Final review of an exterior alteration (re-roof)
Address/ Legal Description: 2602 Cortina Lane/Lot 2, Block B, Vail Ridge Subdivision
Planner: Greg Roy
Applicant Name: James Mason & Jennifer Nussbaum and Terry & Sally Frank, represented by
Journey Roofing
5. Staff Denials
6. Adjournment
Roland J Kjesbo made a motion to Adjourn ; Rys Olsen seconded the motion Passed (5 - 0).
Design Review Board Meeting Minutes of October 2, 2024
4
159
AGENDA ITEM NO. 4.1
Item Cover Page
DATE:October 15, 2024
SUBMITTED BY:Abby Oliveira, Economic Development
ITEM TYPE:Information Update
AGENDA SECTION:Information Update (4:25pm)
SUBJECT:July 18, 2024 VLMDAC Meeting Minutes
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
VLMDAC Meeting Minutes July 18, 2024
160
Vail Local Marketing District Advisory Council
Monthly Meeting
July 18, 2024, 8:30 am
Grand View Room
VLMDAC Board Member Attendees:
In-person- Esmarie Faessler (Sonnenalp), Douglas Kessler (Homeowner),
Theron Gore (East-West/), Sam Biszantz (Council Rep/Root & Flower), Patrick
Davis (Manor Vail) Jonathan Reap (Four Seasons), Liana Moore (Antlers), Jana
Morgan (Sweet Basil)
Additional attendees:
In-person- Mia Vlaar (Town of Vail), Liz Gladitsch (Town of Vail), Abby Oliveira
(Town of Vail), Diana Ramirez (Town of Vail), Carlie Smith (Town of Vail), Jake
Shipe (Town of Vail), Michal Bednarczyk (970), Bob Brown (BAAG), Slade
Cogswell (970), Kristin Yantis (MYPR), Kim Brussow (Vail Valley Partnership),
Ben Walton (Miles), Sara Ostrand (), Kristy Slack (Grand Hyatt),
Zoom- Jenna Luberto (BAAG ), Kay Schneider (VVP), Amanda McNally
(MYPR), Jeremy Coleman(BAAG), Jodi Doney (EGE), Hannah Peterson (Vail
Resorts), Beth Wright-Cheeseman (Miles), Sam Davis (Miles), Tor Linzee(The
Hythe)
Call to Order
Esmarie called the meeting to order at 8:33 AM
I. MINUTE APPROVAL June 20th, 2024
Motion to approve- first Jana/ second Jonathan/ unanimous
II. MONTHLY FINANCIAL REPORT
Lodging tax collection for May $69,000
YtoD through May is $3.1 million which is 2.6% above budget
Through June expenditures total $1.5 million out of the total amended budget
of $6.6 million
III. Information and Updates
• 2025 Operating Plan
2025 Revenue Projection- $5,583,000
2025 Funds Available to Spend- $6,713,628
A special meeting is proposed on September 4th, 2:00 pm (Virtual)
For regular occupancy 46% Group at 26% (Chris Romer had put that in
there)
161
Kim added that she thought group sales were good at 24%, and 26%
was high
Goals growing over forecast- The 2024 forecast is based on YtoD
collections-flat summer, slightly down going into winter. There was a
decline in January 2024. Carlie’s forecast is conservative but optimistic
that we will be flat with 2023
Ask for Lodging partners- Repeat visitation for the past three years
(capturing via sign-on to Vail Wifi was discussed)
Discussed International markets and how to attract again - this is
where we may use reserves
AI- Discussed strategy of external facing vs. internal efficiencies and
landed on internal strategy as of now.
Motion for $6.7mill (25% reserves) Jonathan first/ second/ opposed
Jana and Samantha
Motion for $6.2million (35% reserves) Jana first / Samantha second /
not unanimous
Will come back with budgets for both scenarios
Mia went through the evolution of the local marketing district starting in
1999 up to the proposed changes today
• 2024 Summer Media Update (15 minutes), Miles Partnership
o Miles shared latest media performance and creative
optimizations made. See presentation for details
• Organic Social Update (10 minutes) Diana Ramirez, Town of Vail
o Diana shared social update including 2-month growth of new
channels and boosting strategy. See presentation for details.
• Town of Vail and Special Events Updates
How do we get better quality, not quantity
Shared a timeline for the Event funding committee and sponsorship of
events
Jana and Sam volunteered for this
Bravo is ongoing and Dance will start soon
Kids adventure games
Bluegrass festival- named their headliners
• Other Business
Future meetings- same dates with full breakfast and more time 8:30-
12:00 and add the AdHoc committee meetings or extended board
meeting
162
• Adjournment
Esmarie called the meeting to adjourn at 10:45 am unanimous
Upcoming Meetings:
VLMDAC Board Meeting
Thursday, August 15, 2024, Grand View Room
163
AGENDA ITEM NO. 4.2
Item Cover Page
DATE:October 15, 2024
SUBMITTED BY:Abby Oliveira, Economic Development
ITEM TYPE:Information Update
AGENDA SECTION:Information Update (4:25pm)
SUBJECT:August 15, 2024 VLMDAC Meeting Minutes
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
VLMDAC Meeting Minutes August 15 2024
164
Vail Local Marketing District Advisory Council
Monthly Meeting
August 15, 2024, 8:30 am
AGENDA
VLMDAC Board Member Attendees:
In-person- Esmarie Faessler (Sonnenalp), Douglas Kessler (Homeowner),
Theron Gore (East-West), Patrick Davis (Manor Vail), Jana Morgan (Sweet Basil),
Kim Fuller (Jaunt Media Collective)
Zoom- Sam Biszantz (Council Rep/Root & Flower), Jonathan Reap (Four
Seasons)
Additional attendees:
In-person- Mia Vlaar (Town of Vail), Liz Gladitsch (Town of Vail), Abby Oliveira
(Town of Vail), Diana Ramirez (Town of Vail), Jake Shipe (Town of Vail),
Slade Cogswell (970), Jeremy Gross (Town of Vail),
Ben Walton (Miles), Sara Ostrand (), Kristy Slack (Grand Hyatt), Chris Romer
(Vail Valley Partnership), Laura Libby (Miles), Ali Wadey (VCBA) Christiana
Westendorf (Vail Resorts)
Zoom- Jenna Luberto (BAAG), Kay Schneider (Vail Valley Partnership),
Amanda McNally (MYPR), Hannah Peterson (Vail Resorts), Beth Wright-
Cheeseman (Miles), Sam Davis (Miles), Tor Linzee(The Hythe) Michal
Bednarczyk (970), Bob Brown (BAAG), Kim Brussow (Vail Valley Partnership),
Ivy Vaughn (Miles), Mina Robertson (Miles), Thomas Bull(970), Emmanual Diaz-
Hayes (),
Call to Order
Esmarie called the meeting to order at 8:33 AM
I. MINUTE APPROVAL July 18, 2024
Motion to approve- first Patrick/ second Jana/ unanimous
II. MONTHLY FINANCIAL REPORT
June lodging tax $268,975
Year to Date lodging tax $3,550,759 which is 65% of budget
III. DMO Update/2025 First Cycle Special Events Funding
The town sponsors over 50 events per year. Most events are repeat and have
received sponsorship for years. Events are evaluated for sponsorships on
their ability to achieve- audience fit, economic impact, marketing power, and
sponsorship benefits as well as the following four categories- signature
events, visitor draw events, recreation and tournaments, and education &
enrichment.
165
The processes and timeline for awarding sponsorships was also shared.
IV. 2025 Operating Plan
Timeline-
8-15- Review draft operating plan
9-4- Special Meeting to finalize operating plan
9-17- VLMD meeting at Town Council: adopt 2025 operating plan
The Board was asked for feedback and direction for:
Business Goals summary- Sales and Lodging tax- flat to forecast,
Occupancy- +1% growth, group occupancy- flat to forecast
Marketing Goals summary- Increase destination visitation- 3%, Build
Loyalty/repeat visitation, Increase occupancy- 11/15-12/20- 3%, Increase
occupancy- 4/1-4/20
Board asked for feedback on scenarios using fund balance:
Final approval not requested until 9/4 Special Meeting
o 2025 Revenue Projection $5,583,000
o 2025 Budget- Scenario A $6,183,000
o 2025 Budget- Scenario B $6,683,000
2025 Objective & Priorities
Optimize Visitation
Build Loyalty
Lead Stewardship
Brand Positioning
VVP (Romer) update on occupancy:
We are seeing a little growth over the summer, about 5% occupancy growth
Group, we are losing more groups due to the rates. If we can keep 24% in the
off-season, we are good.
Discussion ensued around allocation of dollars across all priorities with action
to revise the draft for review and approval on September 4 Special Meeting.
Optimize Visitation:
- Paid Media: Majority for scenario B at $362,204 - with action from Miles to
make sure we have the right mix between ROAS, impressions, and
deeper understanding of engagement metrics
- Brand Campaign: Majority for scenario A at $240,000 for a smaller
production budget than the 2024 campaign
- International Media: Majority for scenario B at $11,000 with a slight
increase in Mexico media
166
- International Visitation: Majority for scenario B at $69,700 which primarily
includes Discover Vail booth at IPW and increased Mexico PR
engagement
Build Loyalty:
- Majority with Scenario B at $198,096. Comfortable with additional
personalization, AI facilitation and ADA compliance. Questions around
TikTok and social media influencer increase. Action to come back with
more detail and recommendation at next meeting on both.
Lead Stewardship:
- Questioned scenario B spend towards the stewardship campaign. Action
to come back at next meeting with more specifics around in-resort
experiential activation and detailed use of the spend if using reserves.
- Questioned why marketing campaign effectiveness study is in
Stewardship vs. Visitation. Action to move to Visitation for next round
V. Town of Vail Updates
• Special Events this fall at DiscoverVail.com
• Vail Brand: waiting on feedback from Vail Resorts on possible use of
Vail historic logo. Ready to send survey on logo options.
VI. Other Business
VLMDAC is invited to TOV Board Appreciation night at Ford Amp
Tuesday, August 27, 6-8 pm
RSVP to Liz or Stephanie
Discussion around the Board retreat
Chris spoke highly of the facilitator
Reply to Abby’s email about the nights you are able to stay, what you can
attend, etc.
VII. Public Comment
N/A
VIII. Adjournment
Esmarie called the meeting to adjourn at 11:20 am unanimous
Upcoming Meetings:
VLMDAC Board Meeting
167
Wednesday, September 4, 2024 Virtual Special Meeting
Thursday, September 19, 2024, Grand View Room
2025 VLMD Operating Plan Presentation
Tuesday, September 17, 2024, Town Council Chambers
168
AGENDA ITEM NO. 4.3
Item Cover Page
DATE:October 15, 2024
SUBMITTED BY:Abby Oliveira, Economic Development
ITEM TYPE:Information Update
AGENDA SECTION:Information Update (4:25pm)
SUBJECT:September 4, 2024 VLMDAC Special Meeting Minutes
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
VLMD September 4 2024 Special Meeting Minutes
169
Public Notice
Vail Local Marketing District Advisory Council
Virtual Special Meeting
Minutes
September 4, 2024, 2:00 – 3:00pm
VLMDAC Board Member Attendees:
Esmarie Faessler (Sonnenalp), Douglas Kessler (At Large), Theron Gore (At Large/East
West Hospitality), Patrick Davis (Manor Vail), Jana Morgan (Sweet Basil), Kim Fuller (At
Large/Jaunt Media Collective), Sam Biszantz (At Large/Council Rep/Root & Flower),
Jonathan Reap (Four Seasons), Liana Moore (Antlers) Randi Weingartner (Vail Resorts
Rep)
Additional attendees:
Mia Vlaar (Town of Vail), Liz Gladitsch (Town of Vail), Abby Oliveira (Town of Vail),
Diana Ramirez (Town of Vail), Jake Shipe (Town of Vail), Carlie Smith (Town of Vail),
Jeremy Gross (Town of Vail), Slade Cogswell (970 Design), Ben Walton (Miles), Chris
Romer (Vail Valley Partnership), Kay Schneider (Vail Valley Partnership), Kim Brussow
(Vail Valley Partnership) Amanda McNally (MYPR), Beth Wright-Cheeseman (Miles),
Michal Bednarczyk (970Design), Bob Brown (BAAG)
Call to Order:
Esmarie called meeting to order at 2:06pm
I. VLMD 2025 Operating Plan (60 minutes) Town of Vail, Partners and Board
• Slide Notes from the Board:
o Occupancy Normalization: Interesting to show the absolute rate to see
the value here. Action: add Summer vs. Winter ADR differences
o Focus on B2C not B2B
o Summer Visitor Survey Slide: Action: Add clarity around this is Wi-Fi
survey data, smaller pool, but still statistically valid
o Action: Ask CTO for destination visitation to their website / what they are
searching for
o Business Goals Discussion
Action based on board vote: Motion to move 2025 Goals
Occupancy up 5% and Group Occupancy up 1%
• Motion from Theron Gore – 8 approve, 1 dissent (Patrick
Davis)
Action Add 2019 back to show where we’ve come from
o Final Budget: Jana Motion to approve the VLMD budget of $9,503,000
including a $3,000,000 placeholder for Special Events
Second: Douglas Kessler
170
8 in favor, 1 opposed (Sam Biszantz)
Action: Meet with Sam to follow up on additional information
request
• Action: Send Minutes from August 16,2024 meeting to the board.
II. Other Business
III. Public Comment
IV. Adjournment
- Motion to Adjourn: Jana Morgan, second with Kim Fuller
Upcoming Meetings:
VLMD Meeting, Tuesday, September 17, 2024, Town Council Chambers
VLMDAC Board Meeting, Thursday, September 19, 2024, Grand View Room
171
AGENDA ITEM NO. 4.4
Item Cover Page
DATE:October 15, 2024
SUBMITTED BY:Molly Eppard, Public Works
ITEM TYPE:Information Update
AGENDA SECTION:Information Update (4:25pm)
SUBJECT:September 9, 2024 AIPP Meeting Minutes
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
September 9, 2024 Minutes
172
Art in Public Places Board Meeting Minutes
Monday, September 9, 2024
AIPP Board members present: Tracy Gordon, Susanne Graf, Kathy Langenwalter, Courtney St. John
AIPP Board members absent: Lindsea Stowe
Others present: Molly Eppard - AIPP Coordinator
1. Call to order.
2. No citizen participation.
3. Main Agenda
3.1 Approval of August 5, 2024 Board meeting minutes.
August 5, 2024 Minutes.pdf
3.2 Update installation logistics for Squire Broel's sculpture anticipated Oct. 2024.
Broel_Vail Sculpture Base Page.pdf
• Molly updates the Board on the status, logistics and timeline for the sculpture
installation to the west of the Vail Public Library’s entrance.
• AIPP is aiming for an early October installation.
3.3 Review potential sites and donated sculptures from the collection of Vicki
and Kent Logan.
Houseago.Rattlesnake.Installation.pdf
Houseago_cat - Copy.pdf
Wedel.Interior.VPL.pdf
• The Board discusses potential locations for the Houseago Rattlesnake in
Ford Park, as well as proximity to the Lionshead parking structure. Molly
explains the complexities involved in engineering and siting the large
sculpture.
• The Board discusses the Houseago Cat sculpture which was previously
declined because not fully seeing the work from the provided photographs.
• The Board is interested in the Wedel Flower Tree but would like for Molly to
view it in person as well. This ceramic work would need to be elevated on a
platform and perhaps encased in an acrylic vitrine to preserve it.
• The Board is interested in the works, but requests Molly to view the works in
person to better understand scale and all vantage points.
3.4 Review Artist in Residence Strategic Plan Document - Phase 1 Vision.
• The Board reviews the calendar combining residencies to simplify proposed
programs and provides feedback on artist selection section.
173
3.5 Update on AIR Studio construction, fundraising initiatives, and AIR Advisory
Committee - Greg Hall, Director of Public Works, Town of Vail.
• Construction bids were submitted within budget for the AIR Studio.
• Greg plans to present an award of contract to Council on September 17.
• This project is partially funded by the AIPP destination fund (RETT), a roll-
forward account.
• Greg discusses fundraising and naming opportunities within the Studio to
reestablish monies sustaining the AIR program.
• Molly discusses a focus for creating the AIR Advisory Committee to raise funds
and awareness of the AIR Program. It is within the AIPP Guidelines to create
Advisory Committees for projects deemed necessary.
• The preliminary AIR Committee met a couple weeks ago led by Lindsea.
• Greg discusses the budget for the AIR Program which needs to be sustained.
He explains if there was a construction gap the AIPP budget could potentially be
used.
• This is a great opportunity to establish a contingency for programing.
• Greg confirms he has presented twice to the AIPP Board and to Council
approving use of monies from the AIPP budget; approximately $550,000 since
the project began.
• He reiterates now is a great opportunity to proceed with fundraising initiatives
and the AIR Advisory Committee with the Studio entering a construction phase.
3.6 Approval of 18th Annual Winterfest Draft Request for Proposals.
• RFP for 18th Annual Winterfest will be posted on September 11, 2024.
4. Coordinator Updates
• Utility box by Erin Connelly is complete (images below) next to the Vail Public Library.
• • Tracy Long has begun the mural at entrance of Imagination Station for the Vail Rec.
District.
• Summer Art Walks – attendance was good throughout the summer.
5. Meeting adjourned.
174
AGENDA ITEM NO. 4.5
Item Cover Page
DATE:October 15, 2024
SUBMITTED BY:Missy Johnson, Housing
ITEM TYPE:Information Update
AGENDA SECTION:Information Update (4:25pm)
SUBJECT:September 24, 2024 VLHA Meeting Minutes
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
2024-09-24 VLHA Minutes
175
Vail Local Housing Authority Minutes
Tuesday, September 24, 2024
3:00 PM
Vail Town Council Chambers
PRESENT ABSENT
Steve Lindstrom
Craig Denton
Dan Godec
Christine Santucci
Kristin Williams
STAFF
Jason Dietz, Housing Director
Martha Anderson, Senior Housing Coordinator
Missy Johnson, Housing Coordinator
1. Call to Order
1.1 Call to Order
1.2 Zoom Meeting 1 (Pre-Executive Session)
1.3 Zoom Meeting 2 (Post-Executive Session)
2. Citizen Participation
2.1 Citizen Participation
3. Approval of Minutes
3.1 VLHA September 10, 2024 Minutes
Presenter(s): Missy Johnson, Housing Coordinator
2024-09-10 VLHA Minutes.pdf
MOTION: Williams SECOND: Denton PASSED: 3-0
4. Main Agenda
4.1 2020-2024 Housing Purchase Summary
Presenter(s): Martha Anderson, Senior Housing Coordinator
Time: 15 Min.
2020-2024 Housing Purchase Summary.pdf
Anderson reviewed the housing funds as dated starting in 2020, as provided by Carlie in the
Finance Department.
Discussion ensued around the transfer of funds from the Capital Fund to the Housing Fund
starting in 2020 with the Authority seeking clarity for year over year usage and overall usage
for Town of Vail employee housing.
176
The Authority asked a variety of questions including the desire to understand the dollar amount of
what has been allocated but un-used over the years from the allocated Vail InDEED funds.
Clarification was provided to the Authority that housing for the Town of Vail employee housing
comes out of the capital budget.
The purpose column is broken down by Community, which represents buy-downs vs. Town
employee which represents Town employee rental units.
Page 3 shows the 5-year activity of the housing including transfers in and out as well some
projections.
With newer authority members and in preparation for the semi-annual update to Town Council,
the Authority agrees that they need to better understand the budgeting year over year starting in
2020. They would like to see the budgeting spreadsheets differently so they can best
understand where the housing funds coming from, how they are used, what is available and
what is projected to be available in the future.
They also agree that it is important to keep track of the amount of Timber Ridge funds
comes back as being paid back from Timber Ridge sales in the future.
The housing staff will invite the finance team back to a future Authority meeting for
clarification.
4.2 A Resolution Approving the Purchase of a Deed Restriction Interest in Property
(Type III Deed Restriction) in the Town of Vail Legally Described as Subdivision:
Alpen-Glo Condo Unit: 5, Eagle County, Colorado with a Physical Address of
5115 Black Bear Lane #5, Vail Colorado; and Setting Forth Details in Regard
Thereto.
Presenter(s): Missy Johnson, Housing Coordinator
2024-6 VLHA Resolution Purchase of a deed restriction 5115 Black Bear Lane Unit 5.pdf
MOTION: Godec SECOND: Williams PASSED: 5-0
4.3 A Resolution Approving the Purchase of a Deed Restriction Interest in Property
(Type III Deed Restriction) in the Town of Vail Legally Described as Subdivision:
Subdivision: Pitkin Creek Park Unit 12-I, Eagle County, Colorado with a Physical
Address of 4061 Bighorn Road 12I, Vail, Colorado; and Setting Forth Details in
Regard Thereto.
Presenter(s): Missy Johnson, Housing Coordinator
2024-7 VLHA Resolution Purchase of a deed restriction 4061 Bighorn Road 12-I.pdf
MOTION: Godec SECOND: Williams PASSED: 5-0
5. Matters from the Chairman and Authority Members
5. 1 Matters from the Chairman and Authority Members
Presenter(s): Steve Lindstrom, VLHA Chairman
Lindstrom provided updates on Timber Ridge and West Middle Creek.
A ground-breaking is being planned for Timber Ridge Village, October 9th at NOON with
invitations to come.
177
Local Planning Capacity Grant (LPC) has been signed and funds will be received as
reimbursements as submitted by the Town of Vail. The use of the funds is still planned as
closely recommended by the Authority. Town and DOLA procurement process must be
followed.
For Timber Ridge, a price increase went into effect for studios, 1- bedrooms and 2-
bedrooms. A modification of building A will be read at the Oct. 1 Town Council
meeting.
Anderson reviewed key learnings from a presentation from the State Demographer recently
through the Vail Valley Partnership. Anderson described that stats show that there are less
births and more deaths in Colorado and we are aging as a state. Arizona, California and even
Boston were noted as primary areas where people are relocating from when moving to
Colorado.
Gypsum is the main city in Eagle County that is experiencing growth. The presentation will be
shared once it becomes available and Lindstrom commented that this information will be
helpful as the Council refines the strategic plan. Topics such as housing affordability, daycare,
retirees staying in place and career opportunities out of county were all topics that were
mentioned.
Williams reminded the group that one of the Authority initiatives is to creatively market to owners
of vacant homes within the Town of Vail in consideration of transferring to EHUs.
Eagle County needs assessment is still in the works. Mid-October, EPS will start touring
various towns within the county to present the assessment to the electeds for feedback.
Market Studies for Timber Ridge and West Middle Creek will also have useful information for the
Authority.
At 4:05 p.m. the Authority left regular session and moved into Executive Session.
6. Executive Session
6.1 Executive Session per C.R.S. §24-6-402(4)(a)(e) - to discuss the purchase,
acquisition, lease, transfer or sale of real, personal or other property interests
and to determine positions relative to matters that may be subject to
negotiations regarding: Vail InDEED application.
Presenter(s): Martha Anderson, Senior Housing Coordinator
7. Any Action as a Result of Executive Session
7.1 Any Action as a Result of Executive Session At 4:20 p.m., the Authority re-entered regular
session. Williams moved to directed staff to continue as discussed during executive session.
MOTION: Williams SECOND: Santucci PASSED: 4-0
8. Adjournment Adjourned at 4:21 p.m.
9. Future Agenda Items
9.1 Discussion on Semi-Annual Update to Town Council
Discussion on Eagle County Employment Qualifications
10. Next Meeting Date
10.1 Next Meeting Date October 8, 2024
178
AGENDA ITEM NO. 4.6
Item Cover Page
DATE:October 15, 2024
SUBMITTED BY:Stephanie Bibbens, Town Manager
ITEM TYPE:Information Update
AGENDA SECTION:Information Update (4:25pm)
SUBJECT:November 5, 2025 Election Important Information
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
TC Election Memo
179
1 | Page
To: Vail Town Council
From: Stephanie Kauffman, Town Clerk
Date: October 15, 2024
Subject: November 5, 2025, Election Information
PURPOSE
The purpose of this memo is to give information to the community regarding the upcoming election on
November 5, 2024.
The Elections Division of the Eagle County Clerk and Recorder’s office is responsible for providing
voter services and accurately administering the election on November 5, 2024.
Please note, you will not be able to register to vote at the Town of Vail office.
The Town of Vail supports the County’s efforts by offering a ballot drop-off box that is under 24-hour
surveillance.
Voter Registration Qualifications:
• Be a citizen of the United States.
• Be 18 years old by Election Day.
• Be a resident of Colorado at least 22 days (Oct. 14, 2024) prior to an election.
• Consider Eagle County your sole legal place of residence for voting purposes, motor vehicle
registration, and income tax purposes.
• Not claim the right to vote in any other state.
• Must not be serving a sentence of confinement or detention for a felony conviction (Note: Those
on probation or parole are eligible to vote).
Important Dates:
October 11, 2024 Ballots mailed to active registered voters and 24-hour
ballot boxes open.
October 21, 2024 Voter Centers open in Eagle, El Jebel, and Avon
October 28, 2024 The last day to submit through the mail or online an
updated application to register to vote and receive a
preplacement ballot by mail
180
2 | Page
October 30, 2024 Voter Center opens in Vail at the top of Lionshead
Parking Structure at the Grand View
November 5, 2024 ***GENERAL ELECTION DAY*** polls are open 7am to
7pm. Ballots must be dropped in any Colorado county-
controlled ballot box or vote center by 7pm.
***POSTMARKS DO NOT COUNT***
Important Information:
• Ballots are mailed to all registered voters at their current address on October 11, 2024. The
ballot issues to you will only contain those questions on which you are eligible to vote based on
your place of residence listed on your voter registration.
• The Eagle County Clerk MUST receive your ballot no later than 7pm on November 5, 2024.
Postmarks DO NOT count.
• Eagle County Voter Service and Polling Center locations will answer questions about voter
registration, disabled services, ballot drop off boxes, etc.
Voter Registration Guidelines:
• You must live in the State of Colorado at least 22 days (Oct. 14, 2024) prior to registering to vote
on Election Day, Nov. 5.
• If you have moved, you must update your voter registration with your new residence address.
• Update your registration to receive a ballot by mail no later than Oct. 28. After this day voters
may pick up ballots in person at any Voter Service and Polling Center.
• You have until Election Day, Nov. 5 to move into the town to vote in Vail; however, if you are not
registered by Oct. 28, you will be required to register at one of the Eagle County Clerk’s voter
service and polling center locations.
Important Website Links:
• to register to vote, check your voter registration or edit your voter information through the State:
o http://www.govotecolorado.gov
• to register to vote, check your voter registration or edit your voter information through the
County:
o https://www.eaglecounty.us/departments___services/clerk___recorder/elections___voter
_information/index.php
• information on how to track your ballot once you have voted:
o https://www.eaglecounty.us/departments___services/clerk___recorder/elections___voter
_information/track_my_ballot.php
• list of Voter Centers and Ballot Box locations, including days and times of operations:
o https://www.eaglecounty.us/departments___services/clerk___recorder/elections___voter
_information/vote_center_and_ballot_box_locations.php
181
AGENDA ITEM NO. 4.7
Item Cover Page
DATE:October 15, 2024
SUBMITTED BY:Steph Johnson, Town Manager
ITEM TYPE:Information Update
AGENDA SECTION:Information Update (4:25pm)
SUBJECT:West Lionshead Update
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
West Lionshead P1 Council Update_v2
182
TO:Vail Town Council
FROM:Community Development Department
DATE:October 15, 2024
SUBJECT:Information Update –West Lionshead
I.DESCRIPTION OF REQUEST
Staff requests the Council provide input and feedback on Phase 1 of the process
proposed for master planning, zoning, and designing the redevelopment of the parcels
in the West Lionshead area.
II.BACKGROUND/UPDATE
Following the settlement agreement reached between the Town and Vail Resorts on
October 1st, Town staff, Vail Resorts, and East West Partners met to discuss a scope
and process for the first phase of master planning the West Lionshead parcels.
Representatives from the three organizations will work in partnership to initiate a
collaborative process to master plan the redevelopment of the parcels in West
Lionshead,generally depicted below.
183
Town of Vail Page 2
The proposed approach consists of three phases, and Phase 1 will include:
1. Design Firm Selection
2. Listening Sessions – Focus Groups
3. Visioning and Conceptual Planning
4. Lionshead Redevelopment Master Plan Review
5. Zoning Review
East West Partners will take the lead on logistics of the design firm selection process
with an RFQ (Request for Proposals) to be released in the coming weeks. After an
initial screening of firms who respond to the publicly noticed RFQ, the team will convene
to interview the top firms selected during the screening processes. In addition, a
Request for Qualifications will be issued in the paper providing a competitive process.
Town Staff will bring a recommended team to Council to request approval which is
anticipated to occur in the next two months.
III.ACTION REQUESTED
Provide feedback and direction on proceeding with Phase 1.
184
185
AGENDA ITEM NO. 5.1
Item Cover Page
DATE:October 15, 2024
SUBMITTED BY:Stephanie Bibbens, Town Manager
ITEM TYPE:Matters from Mayor, Council, Town Manager and Committee Reports
AGENDA SECTION:Matters from Mayor, Council, Town Manager and Committee
Reports (4:25pm)
SUBJECT:Matters from Mayor, Council and Committees (15 min.)
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
186
AGENDA ITEM NO. 5.2
Item Cover Page
DATE:October 15, 2024
SUBMITTED BY:Stephanie Bibbens, Town Manager
ITEM TYPE:Matters from Mayor, Council, Town Manager and Committee Reports
AGENDA SECTION:Matters from Mayor, Council, Town Manager and Committee
Reports (4:25pm)
SUBJECT:Town Manager Report (5 min.)
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
TM Update 080624
187
Town Managers Update
October 15, 2024
1. Update on West Middle Creek
Corum Development, staff and the VLHA continue to work on a financing package to fund West
Middle Creek. As an update Hilltop, the Towns financial advisor, has issued an RFP to solicit
proposals/ideas from financial institutions to fund West Middle Creek. Another idea that we are
exploring includes integrating free market units which is allowed by zoning up to 30% of the GRFA.
Other ideas are also being explored.
2. Booth Heights
The commitments related to dismissing litigation for Booth Heights have been fulfilled as per the
settlement agreement with Vail Resorts. The Town of Vail is now the owner of Booth Heights. Town
staff will renew discussions with Eagle County regarding an open space grant which would involve
placing a conservation easement on this and several other Town properties (already in the Town’s
most restrictive zone district). The Town would retain ownership of its land, but a conservation
easement would control the use and development of the property in perpetuity. A conservation
easement would be a condition to receive grant dollars. Staff will also evaluate what funds have
been generated from a third party not for profit from private donors to protect Booth Heights. It
should be noted that there is a cost for having a third party like the Eagle Valley Land Trust apply a
conservation easement to land.
3. Other
There may be other topics the Town Manager needs to share with the Town Council.
188
AGENDA ITEM NO. 5.3
Item Cover Page
DATE:October 15, 2024
SUBMITTED BY:Stephanie Bibbens, Town Manager
ITEM TYPE:Matters from Mayor, Council, Town Manager and Committee Reports
AGENDA SECTION:Matters from Mayor, Council, Town Manager and Committee
Reports (4:25pm)
SUBJECT:Council Matters and Status Report
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
241015 Matters
189
COUNCIL MATTERS
Status Report
Report for October 15,2024
Comments from the October 1st Town Council meeting during “Matters”:
Town Council gave huge thank you to the Vail Public Library and our Tourism
& Economic Dev department for a successful first “Movie Night” at the VPL
Backyard!
Town Council expressed excitement for Timber Ridge demolition and
ground-breaking ceremony held October 9th
Social Media Listening
We've all been talking about the gorgeous weather and incredible fall colors and,
unsurprisingly, that led to some big numbers on social media. The overwhelmingly
positive sentiment score is reflected in the many posts around the stunning peak of fall
colors, which likely also influenced the 46% bump in Unique Authors.
Also nice to see workforce housing feature strongly in the word cloud -that 1,140%
increase in Potential Impressions is visible on the graph as spiking on Oct. 4 when the
AP, as well as state outlets like 9News, posted links to stories around the settlement
with Vail Resorts.
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191
In the News______________________________________________________
Sept. 25
Vail Fire Open House
https://www.realvail.com/vail-fire-sponsors-open-house-oct-12-to-celebrate-national-fire-
prevention-week/a20113/
Sept. 26
Vail K-9 Drug Bust
https://www.msn.com/en-us/news/crime/vail-k-9-officer-credited-for-12-pound-interstate-drug-
bust/ar-AA1rgQcM
https://www.kktv.com/2024/09/24/k9-helps-sniff-out-12-pounds-cocaine-laced-with-fentanyl-
colorado-highway/
https://www.kjct8.com/2024/09/26/vail-k-9-officer-credited-12-pound-interstate-drug-bust/
Sept. 29
Lift House Lodge Fire
https://www.vaildaily.com/news/police-officer-treated-released-after-responding-to-structure-fire-
at-lift-house-lodge-in-lionshead/
Sept. 30
Single Use Plastics
https://www.vaildaily.com/news/vail-exploring-single-use-plastics-ban/
Booth Creek Fuels Reduction
https://www.cpr.org/2024/09/30/whats-the-plan-to-deal-with-dead-trees-in-colorado-forests/
Danielle SeeWalker
https://www.9news.com/article/news/local/artist-represents-native-community-denver-walls-
festival/73-52de09b7-ad35-40bb-a683-9074d017ea1a
Oct. 2
VR Agreement
https://www.vaildaily.com/news/vail-resorts-vail-setlle-lawsuit-new-base-village/
https://www.cbsnews.com/colorado/news/parcel-fight-vail-colorado-over-ski-resort-new-base-
affordable-housing/
https://kdvr.com/news/local/vail-resorts-town-plan-west-lionshead-the-fourth-base-village-for-
vail-mountain/
https://www.powder.com/news/colorado-ski-resort-new-base-village
https://unofficialnetworks.com/2024/10/02/vail-new-base-village/
Oct. 3
VR Agreement
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https://www.cpr.org/2024/10/03/vail-deal-vail-resorts-agreement-new-base-village-workforce-
housing/
https://coloradosun.com/2024/10/03/west-lionshead-village-vail-resorts/
Oct. 4
VR Agreement
https://www.9news.com/article/news/local/local-politics/vail-agreement-workforce-housing-big-
sheep-habitat/73-76673897-af95-4f1d-b78a-0376ed8b5a7e
https://www.bizjournals.com/denver/news/2024/10/02/vail-development-litigation-base-
village.html?ana=brss_3389
https://apnews.com/article/vail-sheep-housing-3929d46f9418d4e44e469e5a358d2854
https://www.washingtonpost.com/sports/2024/10/04/vail-sheep-housing/e800af8a-828c-11ef-
90f2-d1fc6303655d_story.html
https://www.jhnewsandguide.com/jackson_hole_daily/state_and_regional/bighorn-sheep-
habitat-to-remain-untouched-as-vail-agrees-to-new-spot-for-workforce-
housing/article_9f61c51b-0f82-51f2-940c-6dd18469e622.html
https://www.bdtonline.com/sports/national_sports/bighorn-sheep-habitat-to-remain-untouched-
as-vail-agrees-to-new-spot-for-workforce-housing/article_ddb29f2c-ffd8-5881-9d42-
c535103663e4.html
https://www.mrt.com/sports/article/bighorn-sheep-habitat-to-remain-untouched-as-vail-
19816243.php
https://www.thecanadianpressnews.ca/world/bighorn-sheep-habitat-to-remain-untouched-as-
vail-agrees-to-new-spot-for-workforce-housing/article_f2515399-e0e2-55af-8e4b-
88598529a7ca.html
https://uk.news.yahoo.com/bighorn-sheep-habitat-remain-untouched-201109552.html
https://www.mykxlg.com/news/national/bighorn-sheep-habitat-to-remain-untouched-as-vail-
agrees-to-new-spot-for-workforce-housing/article_130169f4-ab10-5665-a4cf-
bbda220775b5.html
Electric Buses
https://www.realvail.com/town-of-vail-adds-six-new-battery-electric-buses/a20195/
Red Flag Law
https://www.realvail.com/avon-vail-police-use-colorado-erpo-law-to-take-guns-while-sheriff-still-
has-doubts/a20208/
Oct. 5
Timber Ridge
https://www.realvail.com/timber-ridge-village-groundbreaking-set-for-oct-9-in-vail/a20213/
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Removal of Spruce Beetle Trees
https://www.vaildaily.com/news/town-of-vail-to-remove-26-spruce-beetle-infested-trees/
Oct. 6
VR Agreement - letter
https://www.vaildaily.com/opinion/letter-poor-vail-resorts/
Oct. 7
Removal of Spruce Beetle Trees
https://www.realvail.com/town-of-vail-to-remove-trees-infested-by-spruce-beetles/a20223/
Oct. 8
Night of Excellence Awards
https://www.vaildaily.com/news/eagle-county-first-responders-awards/
Oct. 9
VR Agreement
https://www.9news.com/video/life/style/colorado-guide/new-base-village-area-coming-to-vail/73-
e4a75af4-d7af-4441-b28b-c32faf456e0d
https://www.denverpost.com/2024/10/10/vail-pkanning-new-west-lionshead-base-village/
Oct. 10
Timber Ridge
https://www.9news.com/video/money/markets/real-estate/vail-working-on-massive-affordable-
housing-project/73-b7f72201-dc0b-436e-b374-c4296c966e16
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