HomeMy WebLinkAbout2020-10PROOF OF PUBLICATION
STATE OF COLORADO )
COUNTY OF EAGLE )
I, Stephanie Bibbens, Deputy Town of Vail Town Clerk, do solemnly swear
and affirm that I published in full a true and correct copy of Ordinance No. 10,
Series of 2020, First Reading, on the Town of Vail's web site, www.vailaov.com,
on the 3rd day of September, 2020.
Witness my hand and seal this 3rd day of September, 2020.
Stephanie Bibbens
Deputy Town Clerk
TOWN OF VAIL!
Memorandum
TO: Vail Town Council
FROM: Finance Department
DATE: September 1, 2020
SUBJECT: 2020 4th Supplemental Appropriation
I. SUMMARY
In Tuesday evening's session, you will be asked to approve the first reading of Ordinance No.
10, Series 2020, the second supplemental appropriation of the 2020 budget.
II. DISCUSSION
Across all funds, this supplemental request adjusts the budget to reflect $2,390,861 of
additional revenue and proposes an increase of $1,474,892 to expenditures. The fund
statements are also attached.
General Fund
Budgeted revenue will be adjusted by an increase of $1,486,427 offset by a reduction in
revenue of $40,000. The majority of this adjustment ($1,449,435) is a reflection of the Federal
CARES funding from the state. This will be used to reimburse the town for a portion of COVID
related expenditures. Expenses that are eligible for reimbursement include medical and
personal protective equipment, cleaning supplies, operational closures, COVID testing, and both
community and commercial relief program funding.
Other revenue adjustments to be offset by corresponding expenditures include:
• $30,000 reimbursement from Eagle Valley Behavior Health for police officers to attend a
crisis intervention training.
• $1,312 use of Friends of the Library donations to be used towards an additional Friday
night virtual yoga program and Friends of the Library summer mailings.
• $5,680 reimbursement from the state for the travel ($555) and personnel ($5,125)
deployment costs for the town's Police Chief during the Seibert and Pine Gulch fires.
Revenue will also be adjusted by a $40,000 reduction in the GMC vehicle sponsorship program
due economic impacts of COVID.
Staff is requesting an overall increase in budgeted expenditures of $43,992, of which $36,992
relates to expenditures corresponding to the reimbursements mentioned above. The remaining
$77,000 includes:
$7,000 is requested to perform an online survey to gather data on voter sentiment for a
potential ballot question to "de-Gallagherize" Vail property taxes. This was approved by
Council on August 18t"
• $70,000 transfer to the Marketing Fund to fall music entertainment activation in Ford
Park, Lionshead, and Vail Village.
Staff is currently researching cost estimates and gathering public safety input for fall and winter
economic recovery efforts including tents and heaters to allow for additional winter seating and
capacity in the Vail and Lionshead villages and a community gift card program. Staff will include
additional information and cost estimates during the 211 reading on September 15t".
The above adjustments will result in net deficit of $6.2 million and an estimated ending fund
balance of $30.0 million, or 68% of normal annual revenue streams. Council's directive is a
minimum of 35% reserve balance.
Marketinq Fund
Revenue is being adjusted by a $70,000 transfer from the General Fund to be directly offset by
expenditures for fall music entertainment activation in Ford Park, Lionshead, and Vail Village.
Capital Proiects Fund
Staff is requesting to increase budgeted expenditures by a $300,000 placeholder for the
temporary relocation of the Children's Garden of Learning. While this amount is very
preliminary, staff recommends including a placeholder for this project to allow Council to move
forward with design and planning for the project as they see fit.
The above adjustments will result in an estimated ending fund balance of $23.0 million.
Housinq Fund
Budgeted revenues will be adjusted by an increase of $874,434 to reflect the proceeds from the
sale of Chamonix Parcel E to be used towards future housing initiatives.
Real Estate Transfer Tax Fund
Staff is requesting to transfer savings of $30,000 from the Gore Creek streambank restoration
project to the rehabilitation of the Covered Bridge pocket park. The original estimate for this
project was $82,000 however bids came in higher than expected at $108,000. Approval for this
contract is included on this evening's agenda.
Staff is requesting to reflect a $15,466 increase in expenditures used to purchase picnic tables
that are being used to provide additional guest seating in Lionshead and Vail Village.
Staff is also reflecting a correction in the Parks and Recreational department budget due to a
calculation error in the operational cuts during the 2nd supplemental. This budget still reflects a
10% operating cut and 0% merit for 2020.
The above adjustments will result in an ending fund balance of $11.4M.
-2-
TOWN OF VAIL 2020 AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
GENERALFUND
Significant
Major
Crisis
Proposed
2020
1st
COVID-19
2020
2nd
COVID-19
COVID-19
2020
3rd
2020
4th
2020
Budget Supplemental
Adjustments
Amended
Supplemental
Adjustments Adjustments
Amended
Supplemental
Amended Supplemental
Amended
Revenue
Local Taxes:
$ 28,524,000
$ (7,150,000)
$ 21,374,000
$ (2,174,000)
$ (2,400,000)
$ 16,800,000
$
16,800,000
$
16,800,000
Sales Tax Split b/t Gen'I Fund & Capital Fund
62138
66134
68132
68132
68132
Sales Tax
17,685,000
(3,575,000)
14,110,000
(1,054,000)
(1,632,000)
11,424,000
11,424,000
11,424,000
Property and Ownership
5,900,000
5,900,000
5,900,000
5,900,000
5,900,000
Ski Lift Tax
5,300,000
(1,060,000)
4,240,000
(90,000)
(270,000)
3,880,000
3,880,000
3,880,000
Franchise Fees, Penalties, and Other Taxes
1,175,440
400,000
1,575,440
1,575,440
1,575,440
1,575,440
Licenses & Permits
2,400,000
2,400,000
(478,634)
1,921,366
1,921,366
1,921,366
Intergovernmental Revenue
2,075,088
250,000
(198,400)
2,126,688
36,460
(175,088)
(11,800)
1,976,260
1,976,260
1,976,260
CARES Transit Grant
-
-
916,000
431,000
1,347,000
1,347,000
1,347,000
CARES Grant
-
-
-
-
-
-
-
1,449,435
1,449,435
Federal CARES funding
Transportation Centers
6,360,000
(1,029,600)
5,330,400
(416,000)
(700,000)
4,214,400
4,214,400
4,214,400
Charges for Services
1,025,918
1,025,918
(16,431)
1,009,487
1,009,487
1,009,487
Fines & Forfeitures
250,476
250,476
250,476
250,476
250,476
Earnings on Investments
500,000
(300,000)
200,000
200,000
200,000
200,000
Rental Revenue
1,093,178
4,080
(90,000)
1,007,258
(112,000)
(20,000)
875,258
875,258
875,258
Reimbursement from EVBH for crisis
Miscellaneous and Project Reimbursements
251,000
(120,000)
intervention training ($30K); Use of Friends of
the Library Donations ($1.3K); Deployment
Total Revenue
44,016,100
654,080
131 000
38,297)80
17,202
53,662
148,202
34,721,889
14$\\J02 (3,008)
34,721,989 1,446,427
145\\194
36,168,316
reimbursement ($5.7K);
(6,373,000)
(1,426,153)
(2,202,800)
-
Expenditures
Salaries
20,499,231
22,857
(568,590)
Personnel costs for PD Chief deplayments to
19,953,498
3,345
(160,000)
(476,800)
19,320,043
19,320,043
3,075
19,323,118
Seiber and Pine Gultch Fires
7,377,769
9,143
(204,909)
Personnel costs for PD Chief deplayments to
Benefits
7\\182,003
(22,000)
(62,000)
7,098,003
7,098,003
2,050
7,100,053
Seiber and Pine Gultch Fires
Subtotal Compensation and Benefits
27.877.000
32.000
(773,499)
27.135.501
3,345
(182,000)
(538,800)
26.418.046
-
26,418.046
5.125
26.423.171
Contributions and Welcome Centers
289,626
(6,161)
283,465
283,465
283,465
283,465
Ballot survey ($7K); Travel costs for fire
All Other Operating Expenses
8,194,158
406,080
(810,363)
deployments ($555); Use of Friends of theLibrary
donations for virtual yoga and mailings
($1.3K; PD Crisis Intervention Training ($30K)
7,789,875
50,317
(122,151)
(111,706)
7,606,335
25,000
7,631,335
38,867
7,670,202
Heavy Equipment Operating Charges
2,530,419
(253,042)
2,277,377
(17,050)
2,260,327
2,260,327
2,260,327
Heavy Equipment Replacement Charges
945,122
845,122
845,122
845,122
845,122
Dispatch Services
Total Expenditures
661 ``194
40,397,519
438,080
(66,119)
595\\075
38,926,415
53,662
66,119
661 \\194
38,074,489
25,000
661194
38,09d,489
43,992
661194
38,143,481
(1,909,184)
(238,032)
(667,556)
Transfer to Marketing & Special Events Fund
(2,866,211)
(65,000)
50,000
(2,881,211)
288,121
576,244
(2,016,845)
(70,000)
(2,086,845j
(70,000)
(2,156,845)
Total Transfers
(2,866,211)
(65,000)
50,000
(2,881,211)
-
288,121
576,244
(2,016,845)
(70,000)
(2,086,84�)
(70,000)
(2,156,845)
Planning Projects
Vail 2030
(300,000)
300,000
-
-
-
-
Civic Area/Dobson Master Plan
(250,000)
50,000
(200,000)
(200,000)
(200,000)
(200,000)
West Vail Master Plan
(325,000)
(325,000)
(325,000)
(325,000)
(325,000)
COVID-19
Vail Community Relief Fund
-
(500,000)
(500,000)
(500,000)
(500,000)
(500,000)
COVID-19 operating expenses
-
-
(141,000)
(141,000)
(141,000)
(141,000)
Commerical Rent Relief Program
-
-
-
(1 000 0001
(1+000`00)
(1 0000 000)
Total Expenditures
44,138,730
1,003,080
(2,309,184)
42,832,626
53,662
(526,153)
(1,102,800)
41,257,334
1�95�00
42,352,334
113,992
42,46�326
Surplus (Deficit) Net of Transfers & New Programs
(122,630)
(4,535,446)
-
(900,000)
(1,100,000)
(6,535,445)
(1,095,000)
(7,630,445)
1,332,435
(6,298,010)
Beginning Fund Balance
32,144,411
4,162,253
36,306,665
(900,000)
(1,100,000)
36,306,665
36,306,665
36,306,665
Ending Fund Balance
$ 32,021,782
$ 31,771,219
$ 29,771,219
$
28,676,219
$
30,008,654
As % of Annual Revenues
73%
72%
68%
65%
68%
EHOP balance included in ending fund balance - not spendable
$ 890,000 $
466,400
$ 1,190,000
$ 1,190,000
$
1,190,000
$
1,190,000
3
Revenue
Business Licenses
Transfer in from General Fund
Earnings on Investments
Total Revenue
Expenditures
Commission on Special Events (CSE)
Education & Enrichment
Signature Events:
Bravo!
Vail Jazz Festival
Vail Valley Foundation - Mountain Games
Vail Valley Foundation - Hot Summer Nights
Vail Valley Foundation - Dance Festival
Burton US Open
Fireworks
Destination Events:
Snow Days
Spring Back to Vail
Other Event Funding:
Revely Vail
Vail Holidays Funding
Ford Park Entertainment
Music in the Villages
30% reduction across all signature events:
Collection Fee - General Fund
Total Expenditures
Revenue Over (Under) Expenditures
Beginning Fund Balance
Ending Fund Balance
TOWN OF VAIL 2020 AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
VAIL MARKETING & SPECIAL EVENTS FUND
Proposed
2020
1st
COVID-19
2020
COVID-19
2020
COVID-19
2020
COVID-19
2020
Budget
Supplemental
Adjustments
Amended
Adjustments
Amended
Adjustments
Amended
Adjustments
Amended
$ 325,000
$ 325,000
$ 325,000
$
325,000
$
325,000
2,866,211
65,000
(50,000)
2,881,211
(864,365)
2,016,846
70,000
2,086,846
70,000
2,156,846
3,000
3,000
3,000
3,000
3,000
3,194,211
65,000
(50,000)
3,209,211
(864,365)
2,344,846
70,000
2,414,846
70,000
2,484,846
893,648
893,648
(268,094)
625,554
625,554
625,554
154,530
154,530
154,530
154,530
154,530
296,934
296,934
296,934
296,934
296,934
76,400
76,400
76,400
76,400
76,400
140,000
140,000
140,000
140,000
140,000
28,050
28,050
28,050
28,050
28,050
54,633
54,633
54,633
54,633
54,633
490,000
490,000
490,000
490,000
490,000
52,015
52,015
52,015
52,015
52,015
300,000
300,000
300,000
300,000
300,000
550,000
550,000
550,000
550,000
550,000
155,000
50,000
(50,000)
155,000
155,000
155,000
155,000
-
15,000
15,000
15,000
15,000
15,000
50,000
50,000
50,000
100,000
20,000
20,000
20,000
40,000
-
-
(596,271)
(596,271)
(596,271)
(596,271)
16,250
16,250
16,250
16,250
16,250
3,207,461
65,000
(50,000)
3,222,461
(864,365)
2,358,096
70,000
2,428,096
70,000
2,498,096
(13,250)
(13,250)
(13,250)
-
(13,250)
-
(13,250)
274,288
386,837
386,837
386,837
386,837
$ 261,038
$ 373,587
$ 373,587
$
373,587
$
373,587
4
Revenue
(Total Sales Tax Revenue:
Sales Tax Split between General Fund & Capital Fund
Sales Tax - Capital Proiects Fund
Use Tax
Franchise Fee
Federal Grant Revenue
Other State Revenue
Lease Revenue
Project Reimbursement
Timber Ridge Loan repayment
Earnings on Investments and Other
Total Revenue
Expendilares
Facilities
Facilities Capital Maintenance
Municipal Complex Maintenance
Welcome Center/Grandview Capital Maintenance
Donovan Pavilion
Snowmelt Boilers
Public Works Shops Expansion
Public Works Building Maintenance
Parking
Parking Structures
Parking Entry System / Equipment
Red Sandstone Parking Structure (VRA)
Parking Structure Camera systems
Lionshead Parking Structure Landscape Renovations (VRA)
Total Facilities
TOWN OF VAIL 2020 AMENDED B DGET
SUMMARY OF REVENUE, EXPENDITURIt A116814 I�GEI�N FUND BALANCE
CAPITAL PRO rECTS FUND
COVID Adjustments
New Request/Adjustment
Proposed
list
COVID-19 2020
2nd COVID-19 2020 4th
2020
2020
Supplemental
Adjustments Amended
Supplemental Adjustments Amended Supplemental
Amended
2%
$ 28,524,000
$ (7,160,000) $ 21,374,000
$ (4,574,000) $ 16,800,000
$ 16,800,000 2020 proposed 2% from 2019 forecast and 1.8% from 2018 actuals
62/38
66134
68132
68132
$ 10,839,000
$ (3,575,000) $ 7,264,000
$ (1,888,000J $ 5,376,000
$ 5,376,000 2020: Reduction ofsales tax offoreconomic impacts of COVID-19
2,220,000
2,220,000
(420,000) 1,800,000
1,800,000 2020 flat with 2019 and based on 5 year average
190,000
190,000
190,000
190,000 1 % Holy Cross Franchise Fee approved in 2019
700,000
(700,000)
-
-
- 2020: Reduce Federal grant reimbursement for Bridge Rd Bridge. This grant was originally scheduled to be received in
two partial payments ($300K in 2019 and $700K in 2020);
1,617,287
350,000
1,967,287
1,967,287
1,967,287 2020: $350K CDOT 50% grant for bus transportation management system (see corresponding expenditure for $700K
164,067
164,067
164,067
below); 1.09M FASTER gran Ulectric It, char as $525,287 CDOT bus ent
164,067 Per y/ail Commons 5 to lease
coTmerciafr incr. every years ; adjusted remove residential revenue ($38K)
2020: Re -appropriate 29,676 for traffic impact fee reimbursement from WMC/Frontage Rd projects, $50K use of Holy
Cross funds for Big Horn Rd Intermountain project; $20K Vail Trail condo association; reimbursement for sidewalk;
-
79,676
79,676
79,676
79,676 $200K reimbursement from Holy Cross for 2019/2020 Big Horn Rd and Intermountain project; $20.7K traffic impact
reimbursement for WMC/Frontage Rd. project; $50K use of community enhancement funds for Lifiside to Glen Lyon
underground utility project; $50K additional use of traffic impact fees for WMC/Frontage Rd (see corresponding
expenditures below)
460,842
460,842
460,842
460,842 $28.5K interest on $1.91M loan to TR; Princptal and interest on $8M loan to Timber Ridge Fund
368,970
368,970
368,970
368,970 2020: 1.8 % returns assumed on available fund balance
16,370,166
(80,324)
(3,575,000) 12,714,842
- (2,308,000) 10,406,842 -
10,406,842
2020: Re -appropriate $133.41K to complete TM residence upgrades; PW garage door replacements ($50K), transit
372,500
130,417
502,917
502,917
502,917 station skylight replacement ($50K); In general this line item covers various repairs to town buildings including the
upkeep of exterior (roofing, siding surfaces, windows, doors), interior finishes (paint, carpet, etc.), and mechanical
equipment (boilers, air handlers, etc.).
2020: Re -appropriate $138.8K for municipal building upgrades, repairs, and maintenance; Comm Dec Remodel
873,000
138,750
1,011,750
1,011,750
1,011,750 ($75K); Replace Admin building air handlers ($250K), Comm Day roof replacement ($125K), Comm Day interior
flooring replacement ($25K), PD balcony repairs ($50K), PD boiler replacement ($45K), replace PD air handling units
($75K), replace PD rooftop units ($125K)
38,000
56,704
94,704
94,704
94,704 2020: Re -appropriate $56.7K for final bills fob� yymm�ty�err� qq ment at the Grandview
120,000
5,000
125,000
125,000
125,000 2020: Re -appropriate $5K to be used towardstHVdd relooefion design; 2020 includes $75K for design & planning of
HVAC Replacement and relocation at Donovan Pavilion
500,000
500,000
500,000
500,000 Replacement of TRC 8 boilers (2 per year)
Expansion and remodel of the Public Works shop complex as outlined in an updated public works master plan
(previously completed in 1994). The plan will ensure shop expansions will meet the needs of the department and
changing operations; 2019-2020: Phase I includes demo and reconstruction of a two story streets building; retaining
9,500,000
11,603,325
(14,100,000) 7,003,325
(4,600,000) 2,403,325
2,403,325 wall construction, new cinder building, relocation of the green house building, and a vertical expansion allowance for
future building options. Reflect actual cash needed in 2020; savings of $1.4M; Per Council on May 19, defer Phase 1
to 2021
-
300,000
300,000
300,000
300,000 2020: Re -appropriate $300K to replace two HVAC units at Public Works
11,403,500
12,234,196
(14,100,000) 9,537,696
- (4,600,000) 4,937,696 -
4,937,696
2020 Various repairs including deck topping replacement, expansion joint repairs, ventilation, HVAC, plumbing and
697,000
697,000
697,000
697,000 other structural repairs; 2019: Re -appropriate for structural repairs to LHTRC, roofing repairs at VTRC, and elevator
repairs;
-
125,148
125,148
102,013 227,161
227,161 2020: $227.2K for additional on -fool parking payment kiosks
2020: Re -appropriate $1.3M to complete New Red Sandstone Parking Structure. This project includes all landscaping
-
1,308,936
1,308,936
1,308,936
1,308,936 and parking space monitoring system; Construction of 4 level parking structure at Red Sandstone Elementary school,
with contributions from Vail Resorts ($4.31M) and Eagle County School District ($1.51M); Remainder to be reimbursed
by VRA
1,000,000
(1,000,000) -
-
Installation of camera systems for both safety and vehicle counts at Vail Village and Lionshead to mirror new system at
Red Sandstone; Defer to 2021
-
30,291
30,291
30,291
30,291 2020: Re -appropriate to complete landscaping ($30.3K);
1,697,000
1,464,375
(1,000,000), 2,161,375
102,013 - 2,263,388 -
2,263,388
TOWN OF VAIL 2020 AMENDED B DGET
SUMMARY OF REVENUE, EXPENDITURA, N1566i 4GEIYN FUND BALANCE
CAPITAL PRO rECTS FUND
COVID Adjustments
New Request/Adjustment
Proposed
list
COVID-19
2020
2nd COVID-19
2020 4th
2020
2020
Supplemental
Adjustments
Amended
Supplemental Adjustments
Amended Supplemental
Amended
Transportation
Bus Shelters
230,000
230,000
230,000
230,000 Jlelter irrl (n i(( ( ; 2020 LIgn�shead'ransi(ygx }yE� QN Bus shelter
Be2
2 Trans er total of $ of savings savings of 2Gi 6`((an 2 savings of $88.4K) to be used towards the
Replace Buses
6,900,000
(88,358)
6,811,642
6,811,642
6,811,642 town's portion of the bus transit management system; 7 buses for replacement at $905K each, plus 5 charging
stations at $50K each, and $30K for additional power chargers;
Bus Transportation Management System
-
700,000
700,000
700,000
700,000 2020: $700K for a new bus transportation mgmt. system. This includes a $350K 50% CDOT grant and $350K savings
from "Replace Buses" project to upgrade bus transportation system; $350K CDOT grant.
Traffic Impact Fee and Transportation Master Plan Updates
-
30,000
30,000
30,000
30,000 2020: Re -appropriate $30K to perform traffic counts
Hybrid Bus Battery Replacement
-
388,716
(388,716)
-
-
- 2020: Scheduled replacement placeholder; Estimated life of 6 years; While batteries are passed their lifecycle
[ hj7 qpl been needed as of yet; Buses will be replaced in 2-3 years
Electric bus chargers and electrical service rebuild
1,375,000
1,375,000
1,375,000
OOJgcefent
1,375,000 0 8 TTo construct electric bus charging station and electrical service infrastructure at Lionshead and Vail Village
Transit centers; $1.1M in grant revenue will offset cost of this project
Total Transportation
8,505,000
1,030,358
(388,716)
9,146,642
- -
9,146,642 -
9,146,642
Road and Bridaes
Capital Street Maintenance
1,345,000
1,345,000
1,345,000
1,345,000 On -going maintenance to roads and bridges including asphalt overlays, patching and repairs; culverts; 2022/2023
includes asphalt and mill overlay ($575K); 2024 includes surface seal ($190K); asphalt mill overlay ($565K)
Street Light Improvements
75,000
69,945
144,945
144,945
144,945 Re -appropriate tot `� n-wide street li�ht replacement;
Slifer Plaza/ Fountain/Storm Sewer
Ne�hborhood Bridge Reconstruction
-
350,000
156,593
428,186
156,593
28,186
20,000
156,593
48,186
156,593 202 : e-app I e 9 �9nlinue Jjq,p to Silfer Plaza fouptain Jergstrupaion prd storm sewers ($157K)
48,186 2020: $48.2K ffor Lnal brigbrigbills; Defer $750Kkr Lupine Bridge Repairs
(750,000)
pa road pp repair
Vail Health / TOV Frontage Road improvements
-
30,131
30,131
30,131
30,131 2020: Complete design pfrase of Frontage Rd. improvements ($30.1 K)
Seibert Fountain Improvements
-
358,000
358,000
368,000
358,000 2020: $358K for Fountain software system and valve upgrades at Seibert Fountain
NePhborhood Road Reconstruction
-
321,840
321,840
321,940
321,640 2020:$321K to continue East Vail ma'or drainage irr)yr vements
Vail Trail Sidewalk Connection
-
-
-
- Connect Vail sidewalk on Vail Valley rive in front of Vail Trails Chalet complex
West Lionshead Circle Crosswalks (VRA)
-
75,000
75,000
75,000
75,000 2020: $75K for crosswalk at Lionshead place
Mill Creek Heated Walk
-
100,580
100,580
100,580
100,580 2020: Re -appropriate for final project bills; TOV portion of 50150 shared project with homeowners for heated sidewalk
at Kendall Park/Mill Creek ($125K). This project will be managed by the HOA at an estimated total cost of $150K.
2020: Request from the Planning and Environmental Commission to construct a pedestrian sidewalk beneath the East
East Vail Interchange Underpass Sidewalk
500,000
(500,000)
-
-
- Vail interchange; pedestrian count study at the underpass is recommended to be completed before the start of this
project. Defer project
Total Road and Bridge
2,270,000
1,540,275
(1,250,000)
2,560,275
20,000 -
2,580,275 -
2,580,275
Contributions
2020: Annual contribution for capital maintenance and improvements; Re -appropriate $32.5K 2019 annual
Children's Garden of Leaming-Capital
20,000
32,500
52,500
52,500
52,500 contribution for fence around front yard due to delays in CDOT easement; 2019: Council contribution to build a fence
around front yard.;
Total ContributionsC
20,000
32,500
-
52,500
- -
52,500 -
52,500
Technoloav
Town -wide camera system
22,000
22,000
22,000
22,000 $22K Annual maintenance
Audio -Visual capital maintenance
118,000
118,000
118,000
118,000 $18K annual maintenance / replacement of audio-visual equipment in town buildings such as Donovan, Municipal
building, Grand View, LH Welcome Center; 2020: $100K Welcome Center video wall replacement
Document Imaging
50,000
50,000
50,000
50,000 Annual maintenance, software licensing, and replacement schedule for scanners and servers includes $2.5K for
Lasediche
2020: Re -appropriate $70.3K to complete asset mgmt. system; Annual software licensing and support for town wide
Software Licensing
496,123
70,278
566,401
566,401
666,401 systems; 2019-2020: Upgrade Microsoft products on all equipment; renewal of licenses; $3K per year increase from
original 5 year plan due to additional software products; 2019: virtual desktop replacement ($239K); Asset Mgmt.
System ($75K); Asset Mgmt. annual maintenance and licensing agreement ($50K);
Hardware Purchases
175,000
12,723
187,723
187,723
187,723 2020: $12.7K for final workstation replacement bills; 2020: Time Clock Replacement ($125K); $50K Replacement of
20-25 workstations per year per schedule
Website and ecommeme
86,500
50,000
136,500
136,500
136,500 2020: $50K for new Vailgov.com website framework and website upgrades; Internet security & application interfaces;
website maintenance $12K; Vail calendar $24K; domain hosting $15K; web camera streaming service $24K
Fiber Optics / Cabling Systems in Buildings
150,000
150,000
150,000
150,000 2020: Fiber Optics Connection frgfn Muni Building to West Vail fire stationf$150K)l
Network upgrades
200,000
20,256
220,256
220,256
220,256 Computer network systems - replacement cycle every 3-5 years; 2020 Firewalls ($60K), External Wireless System
($50K), TOV Swit\h9s r d Router Replacements/Upgrades ($90K)
Data Center (Computer Rooms)
30,000
1,058,840
1,088,840
1,088,840
1,088,840 2020: Re-appropnata for Data Center Remodel at Station 3 includes hyper -converged infrastructure (HCI) equipment
$750K, Cooling/UPS system upgrade for data center in Muni building $128K
A
Data Center equipment replacement and generator
Broadband (THOR)
Bus Camara System
Business Systems Replacement
Total Technologl7
Public Safetv
TOWN OF VAIL 2020 AMENDED DGET
SUMMARY OF REVENUE, EXPENDITURA, 4W666B 4GE§1N FUND BALANCE
CAPITAL PRO rECTS FUND
COVID Adjustments
New Request/Adjustment
Proposed
1st COVID-19
2020 2nd COVID-19
2020 4th
2020
2020
Supplemental Adjustments
Amended Supplemental Adjustments
Amended Supplemental
Amended
-
159,406
159,406
159,406
159,406 2020: Final bills to replace data center server infrastructure; upgrade and replace emergency generator to increase
capacity
94,800
94,800
94,800
94,800 Annual broadband expenses, potential future revenues ($94.8K)
15,000
15,000
15,000
15,000 Installation of software and cameras in buses; 2019/20 annual capital maintenance of camera replacement, etc.
120,000
110,509 (50,509)
180,000
180,000
180,000 2020: Re -appropriate $110.51K for short term net software and final sales tax software upgrades less $50K savings;
Energy Mgmt. Software ($25K); Housing Database software ($40K); HR Performance mgmt. system ($55K)
1,557,423
1.482.012 (50.509)
2,988.926 - -
2,988.926 -
2.988,926
2020: Re -appropriate $53K for remaining two payments for PD SQL licensing; $50K Annual capital maintenance of
Public Safety System / Records Mgmt. System (RMS)
50,000
63,000
113,000
113,000
113,000 "County -wide "Computer Aided Dispatch/Records Mgmt. System"; includes patrol car and fire truck laptops and
software used to push information to TOV and other agencies; TOV portion of annual Intergraph software
maintenance; 2019: Police Department Records Mgmt. system SOL licensing ($91 K)
2020: $26K bullet proof vests (8) for Special Ops Unit (SOU); $5.81K replace handheld citation device with in car
Public Safety Equipment
58,831
58,831
58,831
58,831 computer interface; $4.6K for "Stop Stick" tire deflation devices for patrol cars; $22.2K for an unmanned aircraft system
(UAS), or drone with thermal detection for use by both police and fire. The cost also covers "pilot" training and
maintenance
2020: Re -appropriate $2.81K for final equipment dryer bills; Defer Wildland Personal Protection Equipment (PPE) to
Fire Safety Equipment
40,000
2,802
(32,002)
10,800
10,800
10,800 2021; Reduce confined space equipment ($15K) to $81K; 2019: Long Range acoustical device ($50K), personal
pFrot ewe equipment dryer ($9K);
�he
Thermal Imaging Cameras
12,000
5,245
(9,245)
8,000
8,000
8,000 roc purchase A cameras (2019,2020,2022) which will allow firefighters to see through areas of smoke, darkness,
or heat barriers; Reduce to $81K
Fire Station Alert System
198,000
(198,000)
-
-
2020: Fire Station Alerting System to improve response times. This system will work with the Dispatch system and the
timing is being coordinated with Eagle River Fire. Defer $198K to 2021
Total Public SafeV
358,831
71,047
(239,247)
190,631
- -
190,631
-
190,631
Communitv and Guest Service
Children's Garden of Learning Facility Relocation
-
-
-
.- --3A
300,000 Placeholder for desj��l1n to build a tergom�`( facility for Children's' Garden of Leamige9
locations
Energy Enhancements
-
223,847
223,847
223,847
223 847 2020: Electric car cfiargas at various town ($73.8K); $150K for electrical infrestructure at the Lionshead
Parking structure for 4 car charging stations
Pedestrian Safety Enhancements
-
1,471,769
1,471,769
1,471,769
1,471,769 2020: Continue replacement of 401 year old overhead lighting for Main Vail roundabouts and West Vail Roundabouts
(approved by council on 715/16); project includes underground electrical enhancements for lighting
Civic Area Redevelopment
1,000,000
1,000,000
1,000,000
1,000,000 2020: $1M Placeholder tt g pI re opt9 me p(the Civic Center Master Plan such as feasibilitystudies / design
g
UndejQ(ound Utili�' irflprovements
-
496,670
496,670
496,870
496,670 2020: Re-�pyropriate $302K Pus addit na�$50K for B� horn Rd and Intermountain project
Guest Servi es Enhanc@, ep ayfinding
-
36,120
36,120
36,120
36,120 2020: Final bills for new street signs and accompanying�ight poles town -wide
Rockfall Mi�gation near Timberidge
-
42,568
42,568
42,568
42,568 2020: Final Rock fall mitigation near Timber Ridge
Vehicle Expansion
85,000
85,000
(14,300)
70,700
70,700 2020: Reflect savings of $14.3K from the commander vehicle purchases: 2 commander vehicles ($80K); Trailer for
event cattle guards ($5K);
Total Community and Guest Service
1,085,000
2,270,974
-
3,355,974
- (14,300)
3,341,674
300,000
3,641,674
Total Expenditures
26,896,754
20,125,737
(17,028,472)
29,994,019
122,013 (4,614,300)
25,501,732
300,000
25,801,732
Other Financing Sources (Uses)
Transfer from Vail Reinvestment Authority
2,550,000
(894,709)
1,655,291
1,655,291
1,655,291 2020: LH landscape improvements ($30.3K), LH place crosswalk ($75K), Lionshead parking structure ($50K), Red
RETT uFund
(3,000)
ff ))
ff ))
f( jj��nds ne jjyyarkinp aagy rei ursT(�ep1($1.5M)
contract
oferr
T anTmnsfarfer to Housingto
(2,500,000)
(2,500,000)
(2,500,000)
(2,500,000} Transse
to HousmlFund; .5 per year;
Revenue Over (Under) Expenditures
(10,476,588)
(21,103,770)
13,453,472
(18,126,886)
(122,013)
2,306,300
(15,942,599)
(300,000)
(16,242,599)
Beginning Fund Balance
16,414,887
39,215,082
39,215,082
39,215,082
Ending Fund Balance
5,938,299
21,088,196
23,272,483
22,972,483
u
TOWN OF VAIL 2020 AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
HOUSING FUND
Proposed
2020
list
2020
4th
2020
Budget
Supplemental
Amended
Supplemental
Amended
Revenue
Housing Fee in Lieu Annual Collections
-
-
-
Transfer in from Capital Projects Fund
2,500,000
-
2,500,000
2,500,000
Sale of Chamonix Parcel E
to be used toward future
Workforce Housing Sales
-
520,000
520,000
874,434
1,394,434 housing projects
Total Revenue
2,500,000
520,000
3,020,000
874,434
3,894,434
Expenditures
InDEED Program
2,500,000
2,797,725
5,297,725
5,297,725
Town of Vail Rental Inventory
-
35,125
35,125
35,125
Solar Vail Housing Development
-
-
-
Chamonix unit
520,000
520,000
520,000
Buy Down Housing
-
306,460
306,460
874,434
1,180,894
Total Expenditures
2,500,000
3,659,310
6,159,310
874,434
7,033,744
Operating Income
-
(3,139,310)
(3,139,310)
-
(3,139,310)
Beginning Fund Balance
3,139,310
3,139,310
Ending Fund Balance
$
$ -
$ -
$ -
8
TOWN OF VAIL 2020 AND�AN I�J SUMMARY OF REVENUEfj{IJ�JiUFUND BALANCE
f?,�$',j(FfE6R TF{A%:f
ES
R N
� Proposed COVID Adjustments
let COVID-19 2020 2nd COVID-19 2020 COVID-19 2020 4th 2020 New Request/Adjustment
2020 Supplemental Adjustments Amended Supplemental Adjustments Amended Adjustments Amended Supplements( Amended
Revenue
Real Estate Transfer Tax $ 6,300,000 $ 6,300,000 $ 6,300,000 $ 6,300,000 $ 6,300,000 2020: flat with 2019 buPet and 17.6 % �ef ig JCpJ" PIP
Golf Course Lease 168,317 168,317 168,317 168,317 168,317 AnnpuaQlIlease payment from Vail Recreation istnc ; annual increase will be based on CPI; New rate effective 2020 with lease
gp�rl n 201 I Rent income funds the "Recreation Enhancement Account" below
Intergovernmental Revenue 20,000 1,180,000 (700,000) 500,000 500,000 500,000 500,000 2 2 Re-appropdate $i50K reimbursement from Eagle County and $1M from ERWSD (less $700K for cost savings) for the
rerSjKyilutl�g(j19sy�Junction; Re-agpJg� �'e $30K fshir)p is fun font; $20K lotted proceeds;
Project Reimbursements - 20,000 20,000 20.000 20,000 20,000 2 e-appropr�a t20KJ�jmbur��jpen,�{or \NestHaven�cformv1 I r fl�r�jjen ypP fles from Grand F{Y
2020: Re -appropriate $37. unti- one on from East es pa ners for FordPa art space; 2019: $ AK community
Donations - 37,544 37,544 37,544 37,544 37,544 funding for the Seibert Memorial- See corresponding expenditure below; $50K revenue recognition from East West Partners for
Ford Park art space- See corresponding expenditure below
Recreation Amen( Fees 10,000 10,000 10,000 10,000 10,000
Earnipgs on Investments and Other 100r849 2,000 102:849 10?,849 102:849 102,819 2020: 1.8% rate assumed; $32K bag fee reimbursement for Clean -Up Day and America Recycles Day
Total Revenue 6,599,111 1,239,544 (700,000) 7,138,710 - - 7,138,710 - 7,138,711 - 7,138,710
Expenditures
Management Fee to General Fund (5%) 315,000 315.000 315.000 315.000 315.000 5%of RETT Collections -fee remitted to the General Fund for administration
Wildland
Forest Health Management f 27 ]33 (6``947) 29� ZZ88 291yyz86 291 786 291 786 Operating budget for Wildland Fire crew; 10 % operating reduction and 0 % merit remainder of the year
Total Wildland 2 �733 6,947) 29 S86 - - 291,783 29%786 - 29�,786
Parks _
Ongoing path, park and open space maintenance, project mgmt.; $26K for entertainment infrastructure at Ford Park Lower
Annual Park and Landscape Maintenance 1,816,014 (97,689) 1,718,325 4,000 (196,848) 1,526,477 26,000 1,552,477 101,000 1.653,477 Bench; $4,000 for two new a -bikes for the trail host program; Town Trail Host volunteer program ($16,000), "Clean-up after your
K-9 media campaign ($2,000), and a planning effort with the USFS to generate long-term solutions ($30,000). 2020 also
includes$43K for replacement of 27 year old large flower containers; 10% operating cuts and 0% merit remainder of year
Park / Playground Capital Maintenance 125,000 50,108 175,108 176,108 115,108 175,108 2020: $175.iK Annual maintenance items include projects such as playground surface refurbishing, replacing bear -proof trash
censntirlg/,Stairling ofy,�y st�r�c'2res�, yj nic spelter additions/r7ey Ja ar`� age jpaintenap5�
Rec. Path Capital Maint 140,000 140,000 140,000 140,000 140,000 Capiffaaffmain[['enance of a own s recrea ion pa system; 2020: nc udes $" �( rep acemen o wood slate on Nature
Center/Ford Park bill �e
Tree Maintenance 65,000 65,000 65.000 65,000 65,000 On QQPing pest contro, tree removal and rg a ements in be ogep5e��. and park areas
2020: Re -appropriate $32.5K for summer Ike coral in pang stmcfure; 2020 includes contract to assess pedestrian bridge
Street Furniture Replacement 120,000 32,469 152,469 152,469 152,469 15,466 167,935 ($15K); Additional 12 space bike racks near Amphitheater restroom/concessions building, school house and fields/concessions
($30N)
Covered Bridge Pocket Park Rehabilitation - 82,088 82,088 82,088 82,086 30,000 112,088 2020: Re -appropriate $82.1K to complete Pocket Park rehabilitation; Transfer savings of $30K from Slreambank Restoration
to complete
2020: $453.3K for Stephens Park safety improvements; includes a transfer of $161K from East Vail Interchange; Park
Stephens Park Safety Improvements - 292,306 292,306 161,000 453,306 453,306 453,306 improvements include access improvements to extended sidewalk, new stairs and other site improvements; playground was built
in 1990's
Ford Park Imp oyemenits & Fields - 54,636 54,636 54,636 54,�� � 54.63fi 2020: $54.6K to cory ete Ford Par 1Q �plrig improvements
Vail Transit Center Landsc p - 107"1363 107,133 107,133 107,'(3§ 107,133 2020: Corvetmn oflandscV)9p a�ail Ganal center
Sunbird Park Fountain Rep
ans 120,000 3,000 123,000 123:000 123,000 123,000 2020: Repairs to fountain feature; r0�y)Vep p�cayp b9nn jPp�{ to leakirjg 'Pe; �r}Jfeatly yn���a to run main centerfountain
Ford Park Enhancement: Priority 3 Landscape area 7§�000 75 000 75//000 75,�tt1Q90 75``Q00 2020: Landscape playground/basketball berm, sofl6alf area, frontage rd�� east berms, below tennis courts
Total Parks 2,46�014 621,740 (97,689) 2,96�065 165,000 (195,848) 2,954,217 26,000 2,980,217 146,468 3,126,683
Rec Paths and Trails
Vail Val��Drive Path Extension: Ford Park to Ptam*4n - 375,389 (325,389) 50,000 50.000 50,000 50,000 2020: $50K to strip and design future improvement; $325,389 deferred to 2021
Vail ValleyD 've Path Extension: Ptarmigan West to G6 _ 375,369
Mtn Vart�y Q (325,389) 50,000 50,000 50,000 50,000 2020: $50K to strip and design future improvement; $325,389 deferred to 2021
Build
Gore Valley trail BriQgE Repacement _ 10.000 10,000 10\\000 1,Q\\000 10,\\Q00 Q) JivJ(fyf fn design bills for Gore Valley Trail realignment
Gore ValleYTrail Realignment 67,182 67,182 200,000 267,182 267,182 267,182 08 J� f 79;1 budget for design work;Re-aq Jopnate$67.2Kfor Gore Valley trail re -alignment design
East Vail Interchange Improvements - 451:284 451,284 (161.000) 290.284 290,284 290,284 2020: $2�� copt F„gst V"I ul(gfprarjyp prQ��� Transferred $161 K to Stephen's Park rJety im9to Ants;
2020: Continue e-skkaa i iza ion of Dow uric ion pal 2.1 M); Repairs to culverts, drainage, an preven a rve improvements;
Dowd Junction repairs and improvements - 2,101,437 (1,400,000) 701,437 701,437 701,437 701,437 project in cooperation with Eagle River Water and Sand (ERWSC); offset with reimbursement of $150K reimbursement from
Eagle County and $300K reimbursement from ERWSD; $1.410 cost reduction identified
Gore Valley Trail Reconstruction (Conoco to Donovan) - 25,000 25,000 25,000 25,000 25,000 2020: $25K to complete Gore Valley Trail Reconstruction between W. Vail Conoco and Donovan Pavilion includes revegetation
alogp West trail near Donovan Pavilion
North Recreation Path- Sun Vail to Pedestrian Bridge - 233,380 233,380 233,380 233,380 233,380 2020: $235K for North Recreation Bike Path reconstruction on North Frontage road between Sun Vail and the pedestrian Bridge
to coincide with the Red Sandstone parking garage project
Total Rec Paths and Trails - 3,639,061 (2,050,778) 1,588,283 39,000 - 1,627,283 - 1,627,283 - 1,627,283
E
TOWN
SUMMARY OF REVENUE, O��XFP�yANI DJjU�O t�DNAC I�J FUND BALANCE
R�JtL EST�iE NSFER TAX
Proposed COVID Adjustments
16t
COVID-19
2020
end COVID-19
2020 COVID-19
2020
4th 2020 New Request/Adjustment
2020
Supplemental
Adjustments
Amended
Supplemental Adjustments
Amended Adjustments
Amended
Supplements( Amended I
Recreational Facilities
Nature Center Operations
90,000
90,000
90,000
90,000
90.000 Natureffl rpypr vF�{��/nF�y�r(�,$7 K�d�k Mountains contract and ;15K for maintenance and utilities
2020: oo si ing and nm (9 6Kj, wmdow repracemenl ($10.3K), exterior door repairs ($7.6K); steep slope roofing
Nature Center Capital Maintenance
145,292
145,292
145,292
145,292
145,292 replacement ($27.5K); signage ($17.2K), paths and walkways ($6.9K), timber stairway ($12.2K), shade structure reconstruction
($36.0K)
Nature ���nn)yy�� eev������fnont
-
383,522
383,522
383,522
383,522
383,522 2020: $383.SK forfurther p�annir`Q and design for a nature center remodel
Recreation Facjl Mamfenance
j
-
25,000
25,000
25,000
25.000
25,000 $25K (or general ll facil'�v ma menance
Golf Clubhouse Nordic Center
-
33,824
33,824
33,824
33.824
33,824 2020: Final art purchases for L�ubhouse and Nordic Center; art budqet was 1 %of original project budget
Total Recreational Facilities)
235,292
442,346
-
677,638
- -
677,638 -
677,638
- 677,638
Environmental
Annual operating expenditures for Environmental department (4 FTEs); includes $40K for Clean up day, professional dues to
Environmental Sustainability
523,736
(10,334)
513,402
(37,440)
475,962
475,962
475,962 organizations such as CC4CA, Climate Action Collaborative, etc. 2020 Energy Coordinator FTE requested; 10% reduction in
pl((��{Qrg expens� 0% merit impact
0: Re-appropnafe55K for Love Vail website; $10K to continue recycled art project; Reclass $7.5 Recycling Education from
energy and transportation to Recycling Programs project code, new request $10K for single haul consultant; 2020: Love Vail
Recycling and Waste Reduction Programs
152,500
73,000
(7,955)
217,545
217,545
217,545
217,545 website improvement ($30K); ; Annual expendituresGreen Team ($2.5K); Eagle County recycling hauls (reimbursed) $(25K);
Zero Hero recycling at events ($25K); Actively Green contract ($40K); Recycling compliance, education, public art and compost
pilot ($30K); 10%operating cuts and 0% merit
2020: Re -appropriate $45.9K for NEPA contract for bighorn sheep improvement project (Defer to 2021); Annual wildlife forum
($2.5K) cancelled in 2020; CC4CA Retreat- host community ($31K); Sustainable Destination contract ($30K); Trees for Vail $5K;
Ecosystem Health
233,500
44,413
(52,000)
225,913
225,913
225,913
225,913 Strategic Plan completion and phase I rollout ($10K); Biodiversity study as outcome of open lands plan ($50K); Forest Ranger
program ($33K); wildlife habitat improvements/NEPA ($100K); 2019: Wildlife habitat program (NEPA study, field work) ($75K);
Front Range Program $33K, Trees for Vail $5K, Sustainable Destination Contract $30k, CC4C Retreat $2.51K, Annual Wildlife
Forum $2K
Energy & Transportation
72,500
72,500
72,500
72,500
72,500 20022y0: E--bbii[k�ej�pilot program research ($25K); Annual expenditures: Energy Smart Colorado partnership contract ($40K); Sole
`$7.5 );
P02ber1 "Lunch
Streamtract Education/Mitigation
50,000
31,800
81,800
81,800
81,800
.8K f�tion
81,800 2 or project a -wild; $50K for ongoing streamtract education programming such as with Locals", landscape
workshops, City Nature Challenqe and storm drain art
2019: Continuation of water quality improvement to Gore Creek; Stonnwater site specific water and water quality construction
Water Quality Infrastructure
1,000,000
(750,000)
250,000
250,000
250,000
250,000 projects as part of "Restore the Gore' includes $135K for water mitigation roof runoff grant at PW; 2019-2021 funds to continue
water quality improvement to Gore Creek; Stormwater site specific water and water quality construction projects as part of
"Restore the Gore"; Defer $750K to 2021; 2020 project will be design of West Vail water quality
Streambank Mitigation
400,000
280,782
680,782
680,782
680,782
650,782 2019-2021 Continuation of Riparian Site specific construction projects for Water Quality Strategic Action Plan ($648.3K)
includes 2018 Fishirt s Funyrant J$30%See canyforward of grant fevenue,09ve
2020: Re-appropria(e�i1.5 for Phase 1 of Gore Greek Interpretive signage (design); 2020: Phase II of Gore Creek Interpretive
Gore Creek Interpretive Signage
PW Solar Projsct
81,000
1,100'000
71,450
(1,100,000)
152,450
152,450
152,450
152,450
SJ'y���e includes installation of "stoJY stations" and interpretive ionic table tops.
20'I0: Inat�J of so�jr Ifn Pubhc Works Shops; Deferlo 2021
Open Space Land Acquisition
250.000
JJ250,OgQ)
_
_
_
= mono rof
2020: $250 annua seaside or purchase of open space - defer to 2021
Total Environmental
3,863,236
501,445
(Z, 170,28$))
2,194,392
- (37,440)
2,156,952 -
2,156,952
(30,000) 2,126,952
Art
Public Art - Operating
130,771
130,771
130,771
130.771
130,771 Art in Public Pla��Ps f �jnml q$n1ig,gpjaygns
Public Art- General program / art
60,000
538,022
(538,022)
60,000
60,000
60,000
60,000 To purchase sculptures, artwork, ark programs and events; remainder is re -appropriated each year to accumulate enough funds.
@@ prt qq�nyover Tf)♦�t to 2021 while keepi�y annual,g�pense intact
Flit,
Public Art - Winterfest
30,000
26,094
56,094
56,094
56,094
56,094 Re-� �JRafe$P4.1 K for Wintedest,$/LK fordarrrpjed ice scut/�rjrr)�� ppllpnt; Winterfest$30K per year
Seibert Memorial Statue
-
-
-
-
- 2019: Pete 33ai6eA Memorial statue- See corwonding commurt)')y reimbursement above
Art Space
-
37,544
37,544
37,544
37.544
37.544 2019: Desiqn phase for Ford Park art space- see comespondinq donation from East West above
Total Art
220,771
601,660
(538,022)
284,409
- -
284,409 -
284,409
- 284,409
Contributions
Betty Ford Alpine Garden Support
71,094
71,094
71,094
71,094
71,094 Annual operating support of the Betty Ford Alpine Gardens; annual increase to follow town's general operating annual increase
Pq)pt River Watershed Support
40,000
401000
40,000
40,000
40,000 Annual sLq?p of the Eggle River Watershed Council Pfo��rams
XdoptATrail
5,100
k100
5,100
5,100
5,100 Adopt A Trail Council Contribution for trails in or bordennq eTown
Total Contributions
116'194
-
-
116,194
- -
116,194 -
116,194
- 116,194
VRD-Manaoed Facility Proiects
_
Recreation Enhancement Account
168,317
373,348
541,665
541,665
541,665
541,665 2019: Accumulation of annual rent paid by Vail Recreation District; to be re -invested in asset maintenance ($141,604); This
amount will not be y�eD�1e P9 0, but removi7g be�aus)r this d�ccouR�e�fS�Jve is a jam o(the lease with VRD
I li
2020: Re-appropnaffee $$Q2277fCt0 complete econstructon Off mam(enance u i g, parking and asphalt repairs, and drainage
Golf Course - Other
494,636
227,873
722,509
722,509
722,509
722,509 improvements; chain link -netting hybrid safety fence ($230K); complete asphalt repairs ($75K); repair mod trim on maintenance
buildy� ($25.P, ), pfvacy� mpairs($2.2K), replace rooff$161.2K);
Dobson Ice Arena
-
161,023
161.023
161,023
161.023
161,023 20217: Prt�gn'ate to co�Pys apolpof Jrsd$161 �1
2020: e-appropriate $ or replace gu ers O.OK}, Stain wood siding of concessions ($6.01K) and restrooms ($6.OK),
Ford Park / Tennis Center Improvements
91,467
72,000
163,467
163,467
163,467
163,467 restroom remodel (50K); 2020: Repair exterior doors ($9.6K); replace furnace, hot water tank, baseboards ($47.8K), replace
Athletic Fields
-
6,000
6,000
6.000
6,000
windows ($24KK); Pickleball Feasibilo Study (($10K)
6,000 2020: Re-jjppDDjjpp��jute for sealcoat and crack f�) in parking lot $6K
Gymnastics Center
-
258,608
258,608
258,608
258.608
2581608 2020: $158.6Kfor new cooling system
10
TOWN OF VAIL 2020 E GE
SUMMARY OF REVENUE// EXPEND.TUri C GES �J FUND BALANCE
QEI�L�S�MMQ SFER TAX
I
Proposed COVID Adjustments
1st COVID-19
2020
end COVID-19
2020
COVID-19
2020
4th
2020 New Request/Adjustment
2020
Supplemental Adjustments
Amended
Supplemental Adjustments
Amended
Adjustments
Amended
Supplemental
Amended
Total VRD-Managed Facility Projectsa
754,419
1,098,852 -
1,853,271
-
-
1,853,271
-
1,863,271
-
1.853,271
Total Expenditures
8,264,660
6,905,104 (4,863,725)
10,306,039
204,000
(233,288)
10276,751
26,000
10,302,751
116,466
10,419,217
Other firjrnclpg Soyr���Uses)
Transfer from general un
-
Transfer from CX�y:I Proj1ect Fund
3,000
3.000
3A00
3,000
3,000
Revenue Over Nr. r) Expendhures
(1,665,494)
(5,662,560)
4,163,725
(3,164.329�
(204,000
233,288
(3,135,041)1
(26,000)
(3,161,041
(116,466)
(3,277,50
Beginninq Fund Balance
3.824,951
14.684,013
14,684,013 I
14,684,013
14,684,013
Ending Fund Balance
$ 2,159,457
$ 11,519,684
$ 11.548,972 1
$ 11,522,972
$ 11.406,506
m
ORDINANCE NO. 10
SERIES OF 2020
AN ORDINANCE MAKING BUDGET ADJUSTMENTS TO THE TOWN OF VAIL GENERAL
FUND, MARKETING FUND, CAPITAL PROJECTS FUND, HOUSING FUND, AND REAL
ESTATE TRANSFER TAX FUND OF THE 2020 BUDGET FOR THE TOWN OF VAIL,
COLORADO; AND AUTHORIZING THE SAID ADJUSTMENTS AS SET FORTH HEREIN;
AND SETTING FORTH DETAILS IN REGARD THERETO.
WHEREAS, contingencies have arisen during the fiscal year 2020 which could not have
been reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No.
13, Series of 2019, adopting the 2020 Budget and Financial Plan for the Town of Vail, Colorado;
and,
WHEREAS, the Town Manager has certified to the Town Council that sufficient funds are
available to discharge the appropriations referred to herein, not otherwise reflected in the Budget, in
accordance with Section 9.10(a) of the Charter of the Town of Vail; and,
WHEREAS, in order to accomplish the foregoing, the Town Council finds that it should make
certain budget adjustments as set forth herein.
NOW, THEREFORE, BE IT ORDAINED, BY THE TOWN COUNCIL OF THE TOWN OF
VAIL, COLORADO that:
Pursuant to Section 9.10(a) of the Charter of the Town of Vail, Colorado, the Town
Council hereby makes the following budget adjustments for the 2020 Budget and Financial Plan for
the Town of Vail, Colorado, and authorizes the following budget adjustments:
General Fund $ 113,992
Marketing Fund 70,000
Capital Projects Fund 300,000
Housing Fund
874,434
Real Estate Transfer Tax 116,466
Interfund Transfer (70,000)
Total
$ 1,404,892
2. If any part, section, subsection, sentence, clause or phrase of this ordinance is for any
reason held to be invalid, such decision shall not affect the validity of the remaining portions of this
ordinance; and the Town Council hereby declares it would have passed this ordinance, and each
part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or
more parts, sections, subsections, sentences, clauses or phrases be declared invalid.
Ordinance No. 10, Series of 2020
3. The Town Council hereby finds, determines, and declares that this ordinance is
necessary and proper for the health, safety, and welfare of the Town of Vail and the inhabitants
thereof.
4. The repeal or the repeal and reenactment of any provision of the Municipal Code of
the Town of Vail as provided in this ordinance shall not affect any right which has accrued, any duty
imposed, any violation that occurred prior to the effective date hereof, any prosecution commenced,
nor any other action or proceedings as commenced under or by virtue of the provision repealed or
repealed and reenacted. The repeal of any provision hereby shall not revive any provision or any
ordinance previously repealed or superseded unless expressly stated herein.
5. All bylaws, orders, resolutions, and ordinances, or parts thereof, inconsistent
herewith are repealed to the extent only of such inconsistency. This repealer shall not be construed
to revise any bylaw, order, resolution, or ordinance, or part thereof, theretofore repealed.
INTRODUCED, READ, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON
FIRST READING this 1st day of September, 2020, and a public hearing shall be held on this
Ordinance on the 15th day of September, 2020, at the regular meeting of the Town Council of the
Town of Vail, Colorado, in the Municipal Building of the town.
Dave Chapin, Mayor
ATTEST:
Tammy Nagel, Town Clerk
READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED IN FULL this
15th day of September.
Dave Chapin, Mayor
ATTEST:
Tammy Nagel, Town Clerk
Ordinance No. 10, Series of 2020
PROOF OF PUBLICATION
STATE OF COLORADO )
COUNTY OF EAGLE )
I, Stephanie Bibbens, Deputy Town of Vail Town Clerk, do solemnly swear
and affirm that I published in full a true and correct copy of Ordinance No. 10,
Series of 2020, Second Reading, on the Town of Vail's web site, www.vailaov.com,
on the 16t" day of September, 2020.
Witness my hand and seal this 16t" day of, 2020.
Stephanie Bibbens
Deputy Town Clerk
ORDINANCE NO. 10
SERIES OF 2020
AN ORDINANCE MAKING BUDGET ADJUSTMENTS TO THE TOWN OF VAIL GENERAL
FUND, MARKETING FUND, CAPITAL PROJECTS FUND, HOUSING FUND, DISPATCH
SERVICES FUND AND REAL ESTATE TRANSFER TAX FUND OF THE 2020 BUDGET FOR
THE TOWN OF VAIL, COLORADO; AND AUTHORIZING THE SAID ADJUSTMENTS AS
SET FORTH HEREIN; AND SETTING FORTH DETAILS IN REGARD THERETO.
WHEREAS, contingencies have arisen during the fiscal year 2020 which could not have
been reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No.
13, Series of 2019, adopting the 2020 Budget and Financial Plan for the Town of Vail, Colorado;
and,
WHEREAS, the Town Manager has certified to the Town Council that sufficient funds are
available to discharge the appropriations referred to herein, not otherwise reflected in the Budget, in
accordance with Section 9.10(a) of the Charter of the Town of Vail; and,
WHEREAS, in order to accomplish the foregoing, the Town Council finds that it should make
certain budget adjustments as set forth herein.
NOW, THEREFORE, BE IT ORDAINED, BY THE TOWN COUNCIL OF THE TOWN OF
VAIL, COLORADO that:
Pursuant to Section 9.10(a) of the Charter of the Town of Vail, Colorado, the Town
Council hereby makes the following budget adjustments for the 2020 Budget and Financial Plan for
the Town of Vail, Colorado, and authorizes the following budget adjustments:
General Fund
$ 1,106,717
Marketing Fund
70,000
Capital Projects Fund
335,000
Housing Fund
874,434
Dispatch Services Fund
27,425
Real Estate Transfer Tax
116,466
Interfund Transfer
(70,000)
Total
$ 2,460,042
2. If any part, section, subsection, sentence, clause or phrase of this ordinance is for any
reason held to be invalid, such decision shall not affect the validity of the remaining portions of this
ordinance; and the Town Council hereby declares it would have passed this ordinance, and each
part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or
Ordinance No. 10, Series of 2020
more parts, sections, subsections, sentences, clauses or phrases be declared invalid.
3. The Town Council hereby finds, determines, and declares that this ordinance is
necessary and proper for the health, safety, and welfare of the Town of Vail and the inhabitants
thereof.
4. The repeal or the repeal and reenactment of any provision of the Municipal Code of
the Town of Vail as provided in this ordinance shall not affect any right which has accrued, any duty
imposed, any violation that occurred prior to the effective date hereof, any prosecution commenced,
nor any other action or proceedings as commenced under or by virtue of the provision repealed or
repealed and reenacted. The repeal of any provision hereby shall not revive any provision or any
ordinance previously repealed or superseded unless expressly stated herein.
5. All bylaws, orders, resolutions, and ordinances, or parts thereof, inconsistent
herewith are repealed to the extent only of such inconsistency. This repealer shall not be construed
to revise any bylaw, order, resolution, or ordinance, or part thereof, theretofore repealed.
INTRODUCED, READ, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON
FIRST READING this 1st day of September, 2020, and a public hearing shall be held on this
Ordinance on the 15t" day of September, 2020, at the regular meeting of the Town Council of the
Town of Vail, Colorado, in the Municipal Building of the town.
Dave Chapin, Mayor
ATTEST:
Tammy Nagel, Town Clerk
READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED IN FULL this
15th day of September.
Dave Chapin, Mayor
ATTEST:
Tammy Nagel, Town Clerk
Ordinance No. 10, Series of 2020