HomeMy WebLinkAbout2026-04-21 Town Council Evening Meeting Agenda and Support Documentation1.Call to Order
2.Public Participation (6:00pm)
2.1 Public Participation (10 min.)
3.Any action as a result of Executive Session
4.Consent Agenda (6:10pm)
4.1 Resolution No. 14, Series of 2026, A Resolution Approving
a State of Colorado Grant Agreement Modification
between the Town of Vail and the Colorado Department of
Transportation
Approve, approve with amendments, or deny Resolution No.
14, Series of 2026.
Background: This is a modification of the grant agreement that
the Town has with CDOT for the Vail Transportation Center
expansion design work. It changes the deliverables that the
Town is required to provide to CDOT at the end of the project
as well as gives the Town another year to finish the design
work.
4.2 Contract Award to Emergent Execs for Leadership
Development Program
Authorize the Town Manager to enter into an agreement, in a
form approved by the Town Attorney, with Emergent Execs for
the leadership development program, in an amount not to
exceed $123,000.00.
VAIL TOWN COUNCIL MEETING
Evening Session Agenda
Vail Town Council Chambers and virtually by Zoom.
Zoom meeting link: https://vail.zoom.us/webinar/register/WN_8zlzqs2qSkaG3pgGoc2STQ
6:00 PM, April 21, 2026
Notes:
Times of items are approximate, subject to change, and cannot be relied upon to determine what time
Council will consider an item.
Public comment will be taken on each agenda item.
Public participation offers an opportunity for attendees to express opinions or ask questions regarding
town services, policies or other matters of community concern that are not on the agenda. Please keep
comments to three minutes; time limits established are to provide efficiency in the conduct of the meeting
and to allow equal opportunity for everyone wishing to speak.
Public Participation.pdf
Resolution 14 2026 DOT Grant Modification.docx
Envelope_Created_CDOT_-_Town_of_Vail_MMOF_Gr.pdf
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Background: In 2024 and 2026, the Town Council established
strategic goals to support access to leadership development
training for Vail’s workforce. This agreement enhances the
program for 2026 in support of continuing the development of
our municipal workforce
4.3 Contract Award to Motorola Solutions for Vail Public
Safety Communications AXS Consoles
Authorize the Town Manager to enter into an agreement, in a
form approved by the Town Attorney, with Motorola Solutions
for Vail Public Safety Communications AXS Consoles, in an
amount not to exceed $781,226.00, to which $766,226 will be
reimbursed by the Eagle County 911 Authority Board.
Background: The Vail Public Safety Communications Center
(VPSCC) is requesting consideration for the request for AXS
Radio Console upgrade. This request is vital to the continued
success of VPSCC and the ability to provide effective
customer service and reliable communication with all agencies
throughout Eagle County.
4.4 Contract Award to Orozco Concrete for 2026 On-call
Concrete Repair
Authorize the Town Manager to enter into an agreement, in a
form approved by the Town Attorney, with Orozco Concrete to
complete the 2026 On-Call Concrete Repair Contract in the
amount not to exceed $125,000.00.
Background: This contract is to provide concrete curb, gutter
and flatwork repairs as directed by Town Staff as needed
throughout the Town of Vail.
4.5 Contract Award to Structural Preservation Systems, LLC
for Structural Repairs in Lionshead and Vail Village
Parking Structures
Authorize the Town Manager to enter into an agreement, in a
form approved by the Town Attorney, with Preservation
Systems, LLC for Structural Repairs in Lionshead and Vail
Village Parking Structures, in an amount not to exceed
$1,750,000.00.
Background: The purpose of this item is to award a 2026
contract to Structural Preservation Systems, LLC to perform
construction services for structural repairs to the Lionshead
and Vail Village parking structures. This was awarded on the
April 7, 2026 Town Council agenda for $175,000.00 instead of
the intended $1,750,000.00 due to a typo in the agenda
language.
5.Action Items (6:10pm)
5.1 Contract Award to Aurelian AI for Vail Public Safety 5 min.
2026 Council memo leadership dev agreement.docx
AXS Memo.docx
Council memo on call concrete 2026.docx
Structure Contract Award 2026.docx
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Communications Non-emergency Call Taking Software
(6:10pm)
Authorize the Town Manager to enter into an agreement, in a
form approved by the Town Attorney, with Aurelian AI for Vail
Public Safety Communications Non-emergency Call Taking
Software, in an amount not to exceed $51,000.00.
Presenter(s): Chief Ryan Kenney, Vail Police Department
Background: The Vail Public Safety Communications Center
(VPSCC) is asking that you consider the request for Aurelian
AI call-taking software. The funding for this system was not
included in the original 2026 budget, but has been added as a
request in tonight's second reading of the 2026 Budget
Supplemental in the Dispatch Services Fund.
5.2 Ordinance No. 3, Series of 2026, First Reading, An
Ordinance Amending Chapter 11 of Title 7 of the Vail
Town Code, Concerning Waste and Recycling Collection
Vehicles in Certain Pedestrian Mall Areas (6:15pm)
10 min.
Approve, approve with amendments, or deny Ordinance No. 3,
Series of 2026 upon first reading.
Presenter(s): Chief Ryan Kenney, Vail Police Department
Background: This item proposes to reduce pollution,
congestion, noise and related health concerns created by
waste and recycling collection vehicles in the Bridge Street
portion of the Town's pedestrian mall area.
5.3 Ordinance No. 5, Series of 2026, First Reading, An
Ordinance Amending Section 7-3D-1 of the Vail Town
Code Regarding Special Enforcement Zones (6:25pm)
5 min.
Approve, approve with amendments, or deny Ordinance No. 5,
Series of 2026 upon first reading.
Presenter(s): Chief Ryan Kenney, Vail Police Department
Background: The Vail Police Department is asking to include
Vail Village and Lionshead Village in the special enforcement
district covered in section 7-3D-1C of the Town Code.
6.Public Hearings (6:30pm)
6.1 Ordinance No. 4, Series of 2026, Second Reading, An
Ordinance Making Budget Adjustments to the Town of
Vail General Fund, Capital Projects Fund, Internal
Employee Housing Rental Fund, Timber Ridge Fund,
Health Insurance Fund, and Dispatch Services Fund of the
2026 Budget for the Town of Vail, Colorado; and
Authorizing the Said Adjustments as Set Forth Herin; and
10 min.
AI Supplemental Memo.docx
garbagetrucks.docx
Waste and Recycling Vehicles-O032526.docx
garbagetrucksdistance.docx
Public Input.pdf
Special Enforcement Memo 04 15 26.docx
Special Enforcement Zones-O041526.docx
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Setting Forth Details in Regards Thereto (6:25pm)
Approve, approve with amendments, or deny Ordinance No. 4,
Series of 2026 upon second reading.
Presenter(s): Carlie Smith, Finance Director and Jake Shipe,
Budget Analyst
Background: The main purpose of this supplemental is to re-
appropriate funds for capital projects and one-time programs
budgeted in 2025 and are continuing into this year, or projects
that did not begin as planned.
7.Adjournment 6:40pm (estimate)
2026 1st Supplemental Budget (2nd Reading) - Memo.pdf
Ord #4 - 1st Supp 2026 2nd Reading.pdf
2026 1st Supplemental Budget (2nd Reading) - Presentation Updated.pdf
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 970-479-2460 for additional information. Sign language interpretation is available upon
request with 48 hour notification dial 711.
4
AGENDA ITEM NO. 2.1
Item Cover Page
DATE:April 21, 2026
SUBMITTED BY:Stephanie Bibbens, Town Manager
ITEM TYPE:Citizen Participation
AGENDA SECTION:Public Participation (6:00pm)
SUBJECT:Public Participation (10 min.)
SUGGESTED ACTION:
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
Public Participation.pdf
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Caution: This is an external email. Please take care when clicking links or opening
attachments. When in doubt, contact Vail IT Department
From:Amanda Zinn
To:Public Input Town Council
Subject:Fw: Extracting money
Date:Tuesday, April 14, 2026 2:22:27 PM
From: ira curry <rbtcurry@gmail.com>
Sent: Tuesday, April 14, 2026 2:14 PM
To: Info <info@vail.gov>
Subject: Extracting money
Some people who received this message don't often get email fromrbtcurry@gmail.com. Learn why this is important
Greetings,
I have been skiing Vail and Beaver Creek for many years, volunteer for events with VVF and
have donated items to the Snowsports Museum.
The towns of Vail and Avon have stooped to new lows with speed cameras. I have never
witnessed problems while driving in either location. WTF?
All you folks are doing is chasing away more and more people with the need for greed.
I have decided to cancel my plans to volunteer at the GO PRO Games in 2026. I will also
cancel plans to volunteer for Birds of Prey in December.
Bye Bye Epic Pass price increase!
Bye Bye Vail!
I know that I am only one, but enough is enough.
Robert Curry
Salida, CO
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AGENDA ITEM NO. 4.1
Item Cover Page
DATE:April 21, 2026
SUBMITTED BY:Chris Southwick, Public Works
ITEM TYPE:Consent Agenda
AGENDA SECTION:Consent Agenda (6:10pm)
SUBJECT:Resolution No. 14, Series of 2026, A Resolution Approving a
State of Colorado Grant Agreement Modification between the
Town of Vail and the Colorado Department of Transportation
SUGGESTED ACTION:Approve, approve with amendments, or deny Resolution No. 14,
Series of 2026.
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
Resolution 14 2026 DOT Grant Modification.docx
Envelope_Created_CDOT_-_Town_of_Vail_MMOF_Gr.pdf
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RESOLUTION NO. 14
Series of 2026
A RESOLUTION APPROVING A STATE OF COLORADO GRANT AGREEMENT
MODIFICATION BETWEEN THE TOWN OF VAIL AND THE COLORADO
DEPARTMENT OF TRANSPORTATION
WHEREAS, the Town and the Colorado Department of Transportation parties to
a Grant Agreement (‘the Agreement”), which was approved by the Town Council on or
about September 17, 2024; and
WHEREAS, the parties now wish to amend the Agreement, pursuant to the
terms set forth in Exhibit A, attached hereto and incorporated herein by this reference
(the "Amendment"), to extend the Agreement to December 31, 2027 and to adjust the
milestones in the Agreement to reflect the extended performance period.
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF VAIL, COLORADO THAT:
Section 1. The Town Council hereby approves the Amendment in substantially
the same form as attached hereto as Exhibit A, and in a form approved by the Town
Attorney, and authorizes the Town Manager to execute the Amendment on behalf of
the Town.
Section 2. This Resolution shall take effect immediately upon its passage.
INTRODUCED, PASSED AND ADOPTED at a regular meeting of the Town
Council of the Town of Vail held this 21st day of April 2026.
_________________________
Barry Davis, Mayor
ATTEST:
Stephanie Kauffman, Town Clerk
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PO #: 491003710
Amendment Contract #: 25-HTR-ZL-00036-M0001
Page 1 of 9
State of Colorado Grant Agreement Modification
Grant Agreement Amendment #1
State Agency
Department of Transportation
Grantee
Town of Vail
Original Agreement Number / PO
Number
25-HTR-ZL-00036 / 491003710
Amendment Contract Number
25-HTR-ZL-00036-M0001
Agreement Performance Beginning
Date
September 18, 2024
Current Agreement Expiration Date
December 31, 2027
Current Agreement Maximum Amount
Initial Term
State MMOF Funds Maximum Amount
$750,000.00
Extension Terms
Extension Term 1 $0.00
Agreement Total $750,000.00
THE PARTIES HERETO HAVE EXECUTED THIS AMENDMENT
Each person signing this Amendment represents and warrants that he or she is duly authorized
to execute this Amendment and to bind the Party authorizing his or her signature.
GRANTEE
TOWN OF VAIL
By:_______________________
Russell Forrest, Town Manager
Date: _________________________
GRANTEE
TOWN OF VAIL
By:_______________________
Stephanie Kauffman, Town Clerk
Date: _________________________
STATE OF COLORADO
Jared S. Polis, Governor
Department of Transportation
Shoshana M. Lew, Executive Director
By:_______________________
Keith Stefanik, P.E., Chief Engineer
Date: _________________________
In accordance with §24-30-202, C.R.S., this
Agreement is not valid until signed and dated
below by the State Controller or an authorized
delegate.
STATE CONTROLLER
Robert Jaros, CPA, MBA, JD
________________________________________
By: Department of Transportation
Effective Date:_____________________
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1. Parties
This Amendment (the “Amendment”) to the Original Grant Agreement shown on
the Signature and Cover Page for this Amendment (the “Agreement”) is entered
into by and between the Grantee, and the State.
2. Terminology
Except as specifically modified by this Amendment, all terms used in this
Amendment that are defined in the Agreement shall be construed and
interpreted in accordance with the Grant Agreement.
3. Amendment Effective Date and Term
A. Amendment Effective Date
This Amendment shall not be valid or enforceable until the Amendment
Effective Date shown on the Signature and Cover Page for this Amendment.
The State shall not be bound by any provision of this Amendment before
that Amendment Effective Date, and shall ha ve no obligation to pay
Grantee for any Work performed or expense incurred under this Amendment
either before or after of the Amendment term shown in §3.B of this
Amendment.
B. Amendment Term
The Parties’ respective performances under this Amendment and the
changes to the Agreement contained herein shall commence on the
Amendment Effective Date shown on the Signature and Cover Page for this
Amendment and shall terminate on the termination of the Agreement.
4. Purpose
This amendment increases the performance period of the Original Grant
Agreement by one year and updates the performance milestones of the Original
Grant Agreement to reflect the additional time added.
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5. Modifications
The Agreement and all prior amendments thereto, if any, are modified as
follows:
A. The Agreement Initial Agreement Expiration Date on the Agreement’s
Signature and Cover Page is hereby deleted and replaced with the Current
Agreement Expiration Date shown on the Signature and Cover Page for this
Amendment.
B. The Agreement Maximum Amount table on the Agreement’s Signature and
Cover Page is hereby deleted and replaced with the Current Agreement
Maximum Amount table shown on the Signature and Cover Page for this
Amendment.
C. Exhibit A: Statement of Work and Conditions of the Original Grant
Agreement is hereby deleted and replaced with Exhibit A -1: Statement of
Work and Conditions.
6. Limits of Effect and Order of Precedence
This Amendment is incorporated by reference into the Agreement, and the
Agreement and all prior amendments or other modifications to the Agreement, if
any, remain in full force and effect except as specifically modified in this
Amendment. Except for the Special Provisions contained in the Agreement, in
the event of any conflict, inconsistency, variance, or contradiction between the
provisions of this Amendment and any of the provisions of the Agreement or any
prior modification to the Agreement, the provisions of this Amendment shall in
all respects supersede, govern, and control. The provisions of this Amendment
shall only supersede, govern, and control over the Special Provisions contained in
the Agreement to the extent that this Amendment specifically modifies those
Special Provisions.
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EXHIBIT A-1: STATEMENT OF WORK AND CONDITIONS
Project Description 2022-MMOF-S: Intermodal/Mobility Hub Site Expansion Design
Project End Date December 31, 2027
Subrecipient Vail, Town of UEID # R17RS3JCQZ68
Contact Name Tom Kassmel Vendor # 2000003
Address 75 South Frontage Road
Vail, CO 81657-5096
Phone # (970) 479-2235
Email tkassmel@vailgov.com Indirect Rate N/A
WBS* 25809.10.30 ALI N/A
Total Project Budget $1,500,000.00
State MMOF Funds (at 50% or less) $750,000.00
Local Funds (at 50% or more) $750,000.00
Total Project Amount Encumbered via this Grant Agreement $750,000.00
*The WBS numbers may be replaced without changing the amount of the grant at CDOT’s discretion.
A. Project Description
Town of Vail shall use 2022 MMOF funds, along with local matching funds, to produce a set of
conceptual drawings/places for the Intermodal/Mobility Hub Site Expansion Design (Capital Facility D/E
Services) project as more fully described below. The project will support the goals of the Statewide
Transit Plan.
Town of Vail will retain a qualified firm (contractor) to complete a conceptual set of drawings/plans
that outline the design, including environmental work, for the expansion of the existing Vail Village
Transit Center, to accommodate additional transit vehicle capacity, emerging technologies, electric
bus/vehicle charging, future autonomous vehicles, rider amenities, and allow for future expansion for
an AGS station. In accordance with Chapter III of FTA Circular 4702.1B, a Title VI equity analysis will
also be completed.
Project Address: 241 East Meadow Drive, Vail, CO
National Environmental Policy Act (NEPA):
Town of Vail must ensure that the environmental consequences of its transportation project have been
adequately considered and that required mitigation measures can be completed within the time frame
and budget described in this Grant Agreement. An environmental clearance is required before final
design, right-of-way acquisition, and/or construction funds are authorized. Town of Vail is working with
CDOT and FTA on CatEX approval in order to meet the environmental requirements. Among those
requirements, Environmental Justice considerations should be analyzed and documented, if
applicable. For more information see Chapter 9.15 of the CDOT NEPA Manual, found at:
https://www.codot.gov/programs/environmental/nepa-program/nepa-manual.
Key Tasks/Deliverables:
Unless instructed otherwise herein, Town of Vail shall provide electronic copies of the following to the
CDOT Project Manager:
● Title VI equity analysis
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● Preliminary design drawings/plans
● Conceptual design drawings/plans
B. Performance Standards
1. Project Milestones
Milestone Description Original Estimated
Completion Date
Submit Procurement Concurrence Request (PCR) in COTRAMS for Project
Manager Approval 10/3/2024
Submit Procurement Authorization (PA) and solicitation docs in
COTRAMS for Project Manager Approval 1/8/2025
Submit Initial Reimbursement Request in COTRAMS 10/12/2025
Submit Initial Progress Report to Project Manager 10/12/2025
Take Delivery of (First) Project Deliverable(s) 11/1/2025
Take Delivery of and Accept All Project Deliverable(s) 11/30/2027
Submit Final Reimbursement Request in COTRAMS 2/15/2028
IMPORTANT NOTE: All milestones in this Statement of Work (except for the final reimbursement
request) must be completed no later than the expiration date of this Grant Agreement: December
31, 2027.
2. Performance will be reviewed throughout the duration of this Grant Agreement. Town
of Vail shall report to the CDOT Project Manager whenever one or more of the
following occurs:
a. Budget or schedule changes;
b. Scheduled milestone or completion dates are not met;
c. Identification of problem areas and how the problems will be resolved; and/or
d. Expected impacts and the efforts to recover from delays.
3. Town of Vail will be responsible for performing and adhering to the following design
requirements:
a. Prepare and provide preliminary design including drawings, plans, plats,
descriptive or supportive material or special provisions and estimates
(collectively known as “Plans”), as required to communicate the design intent
b. If applicable, conduct and complete a Title VI Equity Analysis comparing the
impact on minority and low-income persons of siting the facility at each
potential location. Submit the Equity Analysis to CDOT for review and approval.
c. Ensure all stages of design are in compliance with the requirements of the
Americans with Disabilities Act (ADA), FTA guidance, and any other federal,
state, and/or local laws, rules and/or regulations, as well as the standards
contained in the document “ADA Accessibility Requirements in CDOT
Transportation Projects” and CDOT Procedural Directive 605.1, “ADA
Accessibility Requirements.
d. Upon reaching 30% design, work with CDOT and FTA (Region 8) on CatEX
approval in order to meet NEPA environmental requirements prior to finalizing
design work.
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e. Prepare special provisions and estimates in accordance with any specifications
as approved by CDOT.
f. Include details of any required detours in the Plans, in order to prevent any
interference in the construction work and to protect the traveling public.
g. Afford CDOT ample opportunity to review and comment on the Plans and make
changes to the Plans as directed by CDOT to comply with federal and state
requirements.
h. Ensure the Plans produced are stamped by Colorado Registered Professional
Engineers and Architects. Plans must be reviewed and approved in accordance
with all Town or LAHJ requirements and be permitted through the LAHJ.
4. Progress Reports
a. Town of Vail shall submit to CDOT on a quarterly basis, or more frequently as
requested by CDOT, a report describing the progress and expenditures made
regarding the Work. Progress reports may include but are not limited to:
i. Description of project component(s) completed to date,
ii. Total project expenditures made to date,
iii. Total MMOF expenditures made to date, and/or
iv. Anticipated completion date of the remaining, incomplete project
component(s).
b. Town of Vail shall submit progress reports via email to the CDOT Project
Manager, unless otherwise agreed to between them, as follows:
Brian Saller at brian.saller@state.co.us.
C. Project Budget
1. The Total MMOF Project Budget is $1,500,000.00. CDOT will pay no more than 50% of
the eligible, actual project costs, up to the maximum amount of $750,000.00. CDOT
will retain any remaining balance of the state share of MMOF Funds. Town of Vail shall
be solely responsible for all costs incurred in the project in excess of the amount paid
by CDOT from MMOF Funds for the state share of eligible, actual costs. For CDOT
accounting purposes, the MMOF Funds of $750,000.00 will be encumbered for this Grant
Agreement.
2. No refund or reduction of the amount of Town of Vail’s share to be provided for the
project will be allowed unless there is at the same time a refund or reduction of the
state share of a proportionate amount.
3. Town of Vail may use eligible federal funds for the Local Funds share. Town of Vail’s
share, together with the State MMOF Funds share, must be enough to ensure payment
of the Total Project Budget.
4. Per the terms of this Grant Agreement, CDOT shall have no obligation to provide state
funds for use on this project. CDOT will administer MMOF funds for this project under
the terms of this Grant Agreement, provided that the state share of MMOF funds to be
administered by CDOT are made available and remain available. Town of Vail shall
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initiate and prosecute to completion all actions necessary to enable Town of Vail to
provide its share of the Total Project Budget at or prior to the time that such funds are
needed to meet the Total Project Budget.
D. Procurement
Procurement of the Capital Facility D/E Services will comply with state procurement procedures and
the DTR Quick Procurement Guide. In addition to the state requirements outlined below, state
procedures for design must be followed and will be outlined prior to procurement.
1. The first step in the procurement process will be to obtain an Independent Cost
Estimate (ICE).
2. The second step will be to obtain a Procurement Concurrence Request (PCR) approval
from the CDOT Project Manager through COTRAMS.
3. The third step, and prior to entering into a purchasing agreement or contract with the
selected contractor, will be to obtain Purchase Authorization (PA) approval from the
CDOT Project Manager through COTRAMS. The request for PA approval must include a
copy of the solicitation documents. Per state guidelines, Town of Vail shall enter into a
professional services contract with an architect/engineer or construction design
manager and should use an industry approved contract. At CDOT’s discretion, CDOT
may request review of the draft contract to ensure that the terms and conditions of
the contract meet the requirements set forth in this Statement of Work and all federal
and state requirements.
4. Town of Vail shall ensure, prior to the effective date of its contract with its chosen
contractor that (a) its contractor has secured all licenses, certifications, permits, and
other authorizations required to perform their obligations under such contract, and (b)
shall ensure that all employees, agents, and subcontractors secure and maintain at all
times during the term of their employment, agency, or subcontract, all licenses,
certifications, permits, and other authorizations required to perform their obligations
in relation to any subcontracts, and (c) all contractors and subcontractors agree to
indemnify, save, and hold harmless CDOT, its employees, agents, and assignees
(Indemnified Parties), against any and all costs, expenses, claims, damages, liabilities,
court awards, and other amounts (including attorneys’ fees and related costs) incurred
by any of the Indemnified Parties in relation to any act or omission by such contractor
or its employees, agents, subcontractors, or assignees in connection with any contract
or subcontract.
5. Town of Vail shall be responsible for reimbursing the selected contractor within forty-
five (45) calendar days after acceptance of the Capital Facility D/E Services.
E. Reimbursement Eligibility
Requests for reimbursement for eligible project costs will be paid to Town of Vail upon submission of a
complete reimbursement packet in COTRAMS for those eligible costs incurred during the Grant
Agreement effective dates.
Accepted reimbursement packets will include the following completed documents:
● Independent Cost Estimate (ICE) (with the first reimbursement request)
● Procurement Concurrence Request (PCR) (with the first reimbursement request)
● Purchase Authorization (PA) (with the first reimbursement request)
● Invoice
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● Proof of Payment
Town of Vail must submit the final invoice within sixty (60) calendar days of payment of the final
invoice to the contractor, and submit a Grant Closeout and Liquidation (GCL) Form in COTRAMS within
fifteen (15) calendar days of issuance of the final reimbursement payment.
F. Training
In an effort to enhance transit safety, Town of Vail and any subrecipients and subcontractors shall
make a good faith effort to ensure that appropriate training of agency and contracted personnel is
occurring and that personnel are up to date in appropriate certifications.
Training must also be developed and delivered for new or updated plans, procedures, or rules
applicable to facilities. Training programs should be developed to support the effective and safe
implementation of revenue service through standard operation and maintenance practices. Training
programs for critical safety and security practices should include qualification components, such as an
exam or field practical to verify participants have retained and can skillfully executive the tasks
assigned. Training documentation must be maintained to ensure all employees have met and continue
to meet training requirements while employed by Town of Vail.
G. Safety Data
Town of Vail and any subrecipients shall maintain and submit, as requested, data related to bus safety.
This may include, but not be limited to, the number of vehicle accidents within certain measurement
parameters set forth by CDOT, the number and extent of passenger injuries or claims, and the number
and extent of employee accidents, injuries and incidents.
H. Restrictions on Lobbying
Town of Vail is certifying that it complies with 2 CFR 200.450 by entering into this Grant Agreement.
I. Special Conditions
1. Town of Vail will comply with all requirements imposed by CDOT on Town of Vail so
that the state award is used in accordance with state statutes, regulations, and the
terms and conditions of the state award.
2. Town of Vail must permit CDOT and their auditors to have access to Town of Vail’s
records and financial statements as necessary, with reasonable advance notice.
3. Except as provided in this Grant Agreement, Town of Vail shall not be reimbursed for
any purchase, issued purchase order, or leased capital equipment prior to the
execution of this Grant Agreement.
4. Town of Vail shall document any loss, damage, or theft of FTA- or state-funded
property, equipment, or rolling stock in COTRAMS.
5. Town of Vail shall ensure that it does not exclude from participation in, deny the
benefits of, or subject to discrimination any person in the United States on the ground
of race, color, national origin, sex, age or disability in accordance with Title VI of the
Civil Rights Act of 1964.
6. Town of Vail shall seek to ensure non-discrimination in its programs and activities by
developing and maintaining a Title VI Program in accordance with the “Requirements
for FTA Subrecipients” in CDOT’s Title VI Program Plan and Federal Transit
Docusign Envelope ID: A3558E6E-652C-4275-8104-2BFBABAA5D6A
16
PO #: 491003710
Amendment Contract #: 25-HTR-ZL-00036-M0001
Page 9 of 9
Administration Circular 4702.1B, “Title VI Requirements and Guidelines for FTA
Recipients.” The Party shall also facilitate FTA’s compliance with Executive Order
12898 and DOT Order 5610.2(a) by incorporating the principles of environmental justice
in planning, project development and public outreach in accordance with FTA Circular
4703.1 “Environmental Justice Policy Guidance for Federal Transit Administration
Recipients.”
7. Town of Vail will provide transportation services to persons with disabilities, in
accordance with Americans with Disabilities Act of 1990, as amended, 42 U.S.C. §
12101 et seq.
8. Town of Vail shall develop and maintain an ADA Program in accordance with 28 CFR
Part 35, Nondiscrimination on the Basis of Disability in State and Local Government
Services, FTA Circular 4710.1, and any additional requirements established by CDOT for
FTA subrecipients.
9. Town of Vail shall ensure that it will comply with the Americans with Disabilities Act,
Section 504 of the Rehabilitation Act, FTA guidance, and any other federal, state,
and/or local laws, rules and/or regulations. In any contract utilizing federal funds,
land, or other federal aid, Town of Vail shall require its subrecipients and/or
contractors to provide a statement of written assurance that they will comply with
Section 504 and not discriminate on the basis of disability.
10. Town of Vail shall agree to produce and maintain documentation that supports
compliance with the Americans with Disabilities Act to CDOT upon request.
Docusign Envelope ID: A3558E6E-652C-4275-8104-2BFBABAA5D6A
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AGENDA ITEM NO. 4.2
Item Cover Page
DATE:April 21, 2026
SUBMITTED BY:Stephanie Bibbens, Town Manager
ITEM TYPE:Consent Agenda
AGENDA SECTION:Consent Agenda (6:10pm)
SUBJECT:Contract Award to Emergent Execs for Leadership Development
Program
SUGGESTED ACTION:Authorize the Town Manager to enter into an agreement, in a form
approved by the Town Attorney, with Emergent Execs for the
leadership development program, in an amount not to exceed
$123,000.00.
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
2026 Council memo leadership dev agreement.docx
18
To: Town Council
From: Human Resources & Risk Management Department
Date: April 21, 2026
Subject: Contract Award for Leadership Development Program – Emergent Execs
I. INTRODUCTION
In 2024 and 2026, the Town Council established strategic goals to support access to leadership
development training for Vail’s workforce. In 2025, the Town launched a comprehensive leadership
development program for the Town of Vail employee base. This agreement enhances the program
for 2026 in support of continuing the development of our municipal workforce.
II. PROGRAM SUMMARY AND RECOMMENDATIONS
Town staff has worked with Emergent Execs to deliver a robust leadership academy program that
provides leadership development education for employees at all levels of the organization. This
includes the development of a competency model and customized learning curriculum to ensure
that all training is deeply rooted in and reflective of TOV’s values, goals, and objectives. This work
also supports broader organizational and cultural enhancement efforts and sets a foundation for
ongoing talent acquisition and management strategies.
The 2026 budget includes full funding for the program in the Human Resources budget.
III. ACTION REQUESTED BY THE TOWN COUNCIL
Authorize the Town Manager to enter into an agreement with Emergent Execs, in a form approved
by the Town Attorney, for an amount not to exceed $123,000.
19
AGENDA ITEM NO. 4.3
Item Cover Page
DATE:April 21, 2026
SUBMITTED BY:Stephanie Bibbens, Town Manager
ITEM TYPE:Consent Agenda
AGENDA SECTION:Consent Agenda (6:10pm)
SUBJECT:Contract Award to Motorola Solutions for Vail Public Safety
Communications AXS Consoles
SUGGESTED ACTION:Authorize the Town Manager to enter into an agreement, in a form
approved by the Town Attorney, with Motorola Solutions for Vail
Public Safety Communications AXS Consoles, in an amount not to
exceed $781,226.00, to which $766,226 will be reimbursed by the
Eagle County 911 Authority Board.
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
AXS Memo.docx
20
April 21, 2026
To: Town Council
Through: Russell Forrest
Town Manager
Ryan Kenney
Chief of Police
From: Zachary Sheets
Director of VPSCC
Subject: AXS Radio Upgrade Budget Request
The Vail Public Safety Communications Center (VPSCC) is asking that you consider the request
for AXS Radio Console upgrade. This request is vital to the continued success of VPSCC. Our
ability to provide effective customer service and reliable communication with all agencies
throughout Eagle County.
Our current radio consolettes have reached end-of-life status and are no longer eligible for repair
or manufacturer support. In addition, the console PC and associated equipment are approaching
their recommended replacement lifecycle, which raises concerns about reliability, maintenance,
and continued operational effectiveness.
The State, as part of the statewide radio system we operate on, has established a requirement that
all user agencies update their corresponding equipment by 2030. Proceeding with these upgrades
now would position us ahead of that mandated deadline and help ensure uninterrupted
compatibility with the system.
Additionally, the State has directed that all radio tower infrastructure be upgraded by 2030. The
Eagle County 800 MHz group, which is responsible for coordinating and funding these upgrades
locally, to my understanding, is planning to begin implementation in 2027/2028.
By completing our console and equipment upgrades in advance, we will be fully prepared to
integrate with these broader system improvements and avoid potential delays or compatibility
issues. Proactively addressing these needs now will support operational continuity, maintain
system reliability, and align our agency with both state requirements and regional upgrade
timelines.
21
Tow n of Vail Page 2
VPSCC is requesting funding in the amount of $781,226.00 for the acquisition of the equipment
and installation. To which $766,226 will be reimbursed by the Eagle County 911 Authority Board.
Thank you for your consideration and time.
22
AGENDA ITEM NO. 4.4
Item Cover Page
DATE:April 21, 2026
SUBMITTED BY:Chris Delles, Public Works
ITEM TYPE:Consent Agenda
AGENDA SECTION:Consent Agenda (6:10pm)
SUBJECT:Contract Award to Orozco Concrete for 2026 On-call Concrete
Repair
SUGGESTED ACTION:Authorize the Town Manager to enter into an agreement, in a form
approved by the Town Attorney, with Orozco Concrete to complete
the 2026 On-Call Concrete Repair Contract in the amount not to
exceed $125,000.00.
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
Council memo on call concrete 2026.docx
23
To: Town Council
From: Public Works
Date: 4/13/26
Subject: 2026 On-Call Concrete Repair Contract Award
I. ITEM/TOPIC
2026 On-Call Concrete Repair Contract Award
II. ACTION REQUESTED OF COUNCIL
Authorize the Town Manager to enter into an agreement with Orozco Concrete to
complete the 2026 On-Call Concrete Repair Contract.
III. BACKGROUND
Staff received 1 proposal for the 2026 On-Call Concrete Repair Contract from Orozco
Concrete. The project is budgeted with the Capital Street Maintenance budget. This
contract is to provide concrete curb and gutter and flatwork repairs as directed by Town
Staff as needed throughout the Town of Vail.
IV. STAFF RECOMMENDATION
Authorize the Town Manager to enter into an agreement, in a form approved by the Town
Attorney, with Orozco Concrete to complete the 2026 On-Call Concrete Repair Contract
in the amount not to exceed $125,000.00.
24
AGENDA ITEM NO. 4.5
Item Cover Page
DATE:April 21, 2026
SUBMITTED BY:Stephanie Bibbens, Public Works
ITEM TYPE:Consent Agenda
AGENDA SECTION:Consent Agenda (6:10pm)
SUBJECT:Contract Award to Structural Preservation Systems, LLC for
Structural Repairs in Lionshead and Vail Village Parking
Structures
SUGGESTED ACTION:Authorize the Town Manager to enter into an agreement, in a form
approved by the Town Attorney, with Preservation Systems, LLC for
Structural Repairs in Lionshead and Vail Village Parking Structures, in
an amount not to exceed $1,750,000.00.
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
Structure Contract Award 2026.docx
25
To: Town Council
From: Public Works Department
Date: April 7, 2026
Subject: Contract Award for Structural Repairs to Lionshead and Vail Village Parking
Structures
I. SUMMARY
The purpose of this item is to award a 2026 contract to Structural Preservation Systems,
LLC to perform construction services for structural repairs to the Lionshead and Vail
Village parking structures in an amount not to exceed $ 1,750,000.
II. BACKGROUND
Restruction Corporation now Structural Preservation Systems, LLC (Structural)
successfully completed the initial structural repairs in 2025 to the Vail Village and
Lionshead parking structures based on the JR Harris Structural Assessment report.
Structural was recommended for the work by JR Harris and Town of Vail staff for their
experience and expertise with parking structure structural repairs. A proposal has been
received and reviewed by both JR Harris and Town staff to complete the next scope of
priority work as identified by the structural assessment report. The proposed scope of
work is $1,750,000 well within the 2026 budget of $2,250,000.
III. RECOMMENDATION
Authorize the Town Manager to enter into a contract in a form approved by the Town
Attorney with Structural in an amount not to exceed $1,750,000 for the structural repairs
to Lionshead and Vail Village parking structures
26
AGENDA ITEM NO. 5.1
Item Cover Page
DATE:April 21, 2026
TIME:5 min.
SUBMITTED BY:Stephanie Bibbens, Town Manager
ITEM TYPE:Action Items
AGENDA SECTION:Action Items (6:10pm)
SUBJECT:Contract Award to Aurelian AI for Vail Public Safety
Communications Non-emergency Call Taking Software (6:10pm)
SUGGESTED ACTION:Authorize the Town Manager to enter into an agreement, in a form
approved by the Town Attorney, with Aurelian AI for Vail Public Safety
Communications Non-emergency Call Taking Software, in an amount
not to exceed $51,000.00.
PRESENTER(S):Chief Ryan Kenney, Vail Police Department
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
AI Supplemental Memo.docx
27
April 07, 2026
To: Town Council
Through: Russell Forrest
Town Manager
Ryan Kenney
Chief of Police
From: Zachary Sheets
Director of VPSCC
Subject: Aurelian AI Budget Request
The Vail Public Safety Communications Center (VPSCC) is asking that you consider the request
for Aurelian AI call-taking software. This request is vital to the continued success of VPSCC. Our
ability to provide effective customer service, recruit new employees and retain current employees
weighs heavily on the ability to properly manage the workload. The large workloads on staffing
have led to numerous issues that need to be addressed urgently.
Due to staffing shortages, many dispatchers are routinely manage the workload of two or three
dispatchers. This sustained level of demand contributes to mental, emotional, and physical
exhaustion, which not only affects employee well-being but can also impact performance in high-
stress, high-stakes situations. Maintaining a manageable workload should be a base requirement
of any high functioning center. We are falling far short of this goal.
Recruiting and retaining qualified dispatchers has become increasingly difficult. Employee
feedback consistently identifies the workload as one of the top factors in turnover. This causes us
to lose well trained, experienced dispatchers. We are consistently in a cycle of training new
dispatchers, getting them to a point where they are self-sufficient and losing them to burn out. We
need to break this cycle.
Due to staffing gaps, supervisors have been pulled from their leadership roles to fill dispatcher
shifts. This limits their ability to perform supervisory responsibilities, such as quality assurance,
training oversight, performance evaluations, and employee support, all of which are essential to a
healthy and effective communications center. Supervisors who are forced into dispatching are not
able to catch mistakes early and take corrective action.
28
Town of Vail Page 2
Members of the administrative team, including the CAD/MAP administrator, operations
managers, and the director, have increasingly stepped in to provide dispatch coverage. While
necessary in emergencies, this practice takes them away from strategic planning, project
management, system maintenance, and policy development, all of which are critical to keeping
our operations modern, compliant, and effective.
The implementation of Aurelian AI call-taking software represents a practical and forward-looking
solution to help alleviate workload pressures, improve efficiency, and support both staff well-being
and service delivery. By enhancing call-handling capabilities, this tool will assist in distributing
workload more effectively and reducing operational strain.
VPSCC is requesting funding in the amount of $51,000.00 from the dispatch service fund for the
acquisition of the software and its integration with our CAD system. All participating user agencies
throughout Eagle County have reviewed and approved the use of these funds for this purpose.
Thank you for your consideration and time.
29
AGENDA ITEM NO. 5.2
Item Cover Page
DATE:April 21, 2026
TIME:10 min.
SUBMITTED BY:Stephanie Bibbens, Town Manager
ITEM TYPE:Action Items
AGENDA SECTION:Action Items (6:10pm)
SUBJECT:Ordinance No. 3, Series of 2026, First Reading, An Ordinance
Amending Chapter 11 of Title 7 of the Vail Town Code,
Concerning Waste and Recycling Collection Vehicles in Certain
Pedestrian Mall Areas (6:15pm)
SUGGESTED ACTION:Approve, approve with amendments, or deny Ordinance No. 3, Series
of 2026 upon first reading.
PRESENTER(S):Chief Ryan Kenney, Vail Police Department
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
garbagetrucks.docx
Waste and Recycling Vehicles-O032526.docx
garbagetrucksdistance.docx
Public Input.pdf
30
March 17th, 2026
To: Town Council
Through: Russ Forrest
Town Manager
From: Ryan Kenney
Chief of Police
Subject: Village Traffic
In November of 2020, the Town of Vail took steps to limit vehicle traffic in pedestrian areas of
Lionshead and the Village. This has included implementing an e-delivery system, changing traffic
patterns, limiting open access and controlled access points. Each of these changes has made
dramatic improvements to the safety and guest experience in both locations. Town staff would
like to continue to make small changes to improve safety. Staff recommends restricting garbage
truck access to Bridge Street and removing parking on International Bridge.
Bridge Street is very narrow and heavily travelled by pedestrians. The presence of garbage trucks
on Bridge Street, at any time of the day, significantly increases the odds of a pedestrian encounter.
Currently, there are five trash locations on Bridge Street. I have spoken to both companies that
collect trash at these locations, and both are willing to do these collections from the intersection of
Bridge and Gore or the top of Hanson Ranch Road. Both companies have assured me that changing
these collection points will not affect cost for the customer.
Parking on International Bridge (north side) has been restricted to trade/maintenance companies
for the past year. This was done on a trial basis to determine if this location was a sustainable
solution. During the last year, there have been multiple issues that make parking at this location
less than ideal. The biggest issue is the size of the vehicles parked there and the frequency of
movement. Both have caused safety concerns. Trade/maintenance vehicles will still be allowed
into the Village to perform work and drop supplies/equipment.
Staff is recommending restricting garbage trucks from Bridge Street and removing parking from
International Bridge.
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ORDINANCE NO. 3
SERIES 2026
AN ORDINANCE AMENDING CHAPTER 11 OF TITLE 7 OF THE VAIL
TOWN CODE, CONCERNING WASTE AND RECYCLING COLLECTION
VEHICLES IN CERTAIN PEDESTRIAN MALL AREAS
WHEREAS, the Town desires to reduce pollution, congestion, noise and related
health concerns created by waste and recycling collection vehicles in the Bridge Street
portion of the Town's pedestrian mall area.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE
TOWN OF VAIL, COLORADO, THAT:
Section 1. Section 7-11-4(E) of the Vail Town Code is hereby amended as
follows:
§ 7-11-4 EXCEPTIONS:
In all pedestrian mall areas, the following vehicular traffic is permitted:
* * *
(E) Waste and recycling collection vehicles except on Bridge Street;
* * *
Section 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 pa rts, sections, subsections,
sentences, clauses or phrases be declared invalid.
Section 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 and the
inhabitants thereof.
Section 4. The amendment of any provision of the Vail Town Code 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 proceeding as commenced under or by virtue of the provision
amended. The amendment of any provision hereby shall not revive any provision or any
ordinance previously repealed or superseded unless expressly stated herein.
Section 5. All bylaws, orders, resolutions and ordinances, or parts thereof,
inconsistent herewith are repealed to the extent only of such inconsistency. This repealer
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shall not be construed to revise any bylaw, order, resolution or ordinance, or part thereof,
theretofore repealed.
INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED
PUBLISHED ONCE IN FULL ON FIRST READING this 7th day of April, 2026 and a public
hearing for second reading of this Ordinance set for the 21st day of April, 2026, in the
Council Chambers of the Vail Municipal Building, Vail, Colorado.
_____________________________
Barry Davis, Mayor
ATTEST:
____________________________
Stephanie Kaufmann, Town Clerk
READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED
this 21st day of April, 2026.
_____________________________
Barry Davis, Mayor
ATTEST:
____________________________
Stephanie Kauffman, Town Clerk
33
April 14th, 2026
To: Town Council
Through: Russ Forrest
Town Manager
From: Ryan Kenney
Chief of Police
Subject: Village Traffic
Per Council request, the below listed trash locations on Bridge Street accurately reflect the
distance, size of the container and if it’s wheeled.
To Gore Creek Dr Distance Size Wheels
Plaza Lodge/Vendetta’s 145 ft 2-2 yard, 1-3 yard yes
Bridge St Condo 85 ft 2- 96 gal. yes
Joe’s Deli 168 ft 3- 96 gal. yes
10th Mtn Whiskey 180 ft 3- 96 gal. yes
To Hanson Ranch Rd
Gorsuch Ski Cafe 300 ft 1-96 gal. no
Vista Bahn Building/Los Amigos 213 ft 6- 1.5 yard yes
Red Lion 120 ft 3-3 yard yes
34
Town of Vail Page 2
The Patagonia and Gorsuch buildings are serviced from the east on Gore Creek Dr. and will not
be affected by this change.
Staff is recommending restricting garbage trucks from Bridge Street and removing parking from
International Bridge.
35
Caution: This is an external email. Please take care when clicking links or opening
attachments. When in doubt, contact Vail IT Department
From:Hoerle, William S
To:Public Input Town Council
Cc:Byron Diamond; Sarah Klingelheber
Subject:from W. Scott Hoerle, President of the Plaza Lodge (on Bridge Street) Association
Date:Tuesday, April 21, 2026 4:27:59 PM
Some people who received this message don't often get email from william_hoerle@uml.edu. Learn why this is
important
Dear Town of Vail,
Eliminating the ability of garbage trucks to collect trash from the Plaza lodge, Bridge
Street Lodge, and the many surrounding restaurants (like Vendettas and Three Amigos)
would create a very burdensome hardship for all of the owners of the apartment and
establishments. We would have to pay people to come in every day and then wheel all of
the trash from the restaurants and apartments down the street for collection and then
have the same workers return the receptacles. The cost might be so high that it could
render some of the restaurants unable to continue as going concerns, creating empty
store fronts. Apartment rental rates would have to rise, making it harder for regular
people to ski at Vail.
Bringing trash away from the Bridge Street area for collection would be a logistical
nightmare, especially for the restaurants, which produce large amounts of waste.
We want Vail to flourish. Allowing garbage trucks to collect trash in the morning is a
small price to pay to allow the area to continue to function commercially. The alternative
is potentially debilitating for some of those involved. Typically, the trucks come in the
early morning, before skiers and guests arrive. There has never been a problem. They are
gone before anyone can see them.
Thank you for reading this. Please consider my thoughts carefully as you deliberate over
this important issue.
Sincerely, W. Scott Hoerle, President of the Plaza Lodge Association
36
AGENDA ITEM NO. 5.3
Item Cover Page
DATE:April 21, 2026
TIME:5 min.
SUBMITTED BY:Stephanie Bibbens, Town Manager
ITEM TYPE:Action Items
AGENDA SECTION:Action Items (6:10pm)
SUBJECT:Ordinance No. 5, Series of 2026, First Reading, An Ordinance
Amending Section 7-3D-1 of the Vail Town Code Regarding
Special Enforcement Zones (6:25pm)
SUGGESTED ACTION:Approve, approve with amendments, or deny Ordinance No. 5, Series
of 2026 upon first reading.
PRESENTER(S):Chief Ryan Kenney, Vail Police Department
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
Special Enforcement Memo 04 15 26.docx
Special Enforcement Zones-O041526.docx
37
April 15th, 2026
To: Vail Town Council
Through: Russell Forrest
Town Manager
From: Ryan Kenney
Chief of Police
Subject: Special Enforcement District Proposal
The Vail Police Department is asking to include Vail Village and Lionshead Village in the special
enforcement district covered in section 7-3D-1C of the Town Code. We continue to have numerous
parking violations that compromise the safety of the pedestrian malls.
The multiple entry points to the pedestrian malls create a constant, serious challenge for restricting
vehicle access. Unauthorized vehicles routinely enter, ignoring current regulations. Code enforcement
officers are forced to engage in ongoing, daily enforcement efforts that have had little effect on changing
behavior. With many construction projects ahead next year in both Vail Village and Lionshead Village,
this issue will become more acute. The current $50 parking fine structure has not changed behavior.
We propose integrating both Vail Village and Lionshead Village into our existing special enforcement
district. The district currently covers Booth Falls and S. Frontage Rd. in front of the Transportation
Center. Since implementing this special enforcement district, we have had little to no parking issues.
Adding Vail Village and Lionshead Village to the special enforcement district allows us to increase
parking fines to $150. Additionally, this change would allow code enforcement officers the discretion
to tow vehicles from within the pedestrian malls when needed.
Thank you for your consideration and prompt attention to this matter.
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ORDINANCE NO. 5
SERIES 2026
AN ORDINANCE AMENDING SECTION 7-3D-1 OF THE VAIL TOWN
CODE REGARDING SPECIAL ENFORCEMENT ZONES
WHEREAS, the Town desires to include Vail Village and Lionshead Village in the
parking special enforcement zones.
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE
TOWN OF VAIL, COLORADO, THAT:
Section 1. Section 7-3D-1(C) of the Vail Town Code is hereby amended as
follows:
§ 7-3D-1 PENALTIES.
* * *
(C) There shall be two four special enforcement zones: (1) the Booth
Lake Trailhead Parking Zone, which shall include Mann's Ranch Road,
Booth Falls Road, Booth Falls Court, and the 2800 - 3700 block of the North
Frontage Road; and (2) the South Frontage Road East Parking Zone, which
shall include the South Frontage Road East from Vail Road to West Vail
Valley Drive and the 000-300 block of the South Frontage Road East; (3)
Vail Village, which shall include the entirety of East Mead ow Drive, Willow
Bridge Road, Bridge Street, Gore Creek Drive, Hanson Ranch Road, Willow
Road and Willow Place; and (4) Lionshead Village, which shall include the
entirety of Lionshead Mall, East Lionshead Circle, West Lionshead Circle,
and Lionshead Place. Every person who is convicted of, who admits liability
for, or against whom a judgment is entered for a parking violation in the
Booth Lake Trailhead Parking Zone or the South Frontage Road East
Parking Zone such zones shall be fined as follows:
First offense $150
Second similar offense within one year $250
Subsequent similar offenses within one year $350
Section 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.
Section 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 and the
inhabitants thereof.
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Section 4. The amendment of any provision of the Vail Town Code 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 proceeding as commenced under or by virtue of the provision
amended. The amendment of any provision hereby shall not revive any provision or any
ordinance previously repealed or superseded unless expressly stated herein.
Section 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 ON FIRST READING, APPROVED, AND ORDERED
PUBLISHED ONCE IN FULL ON FIRST READING this 21st day of April, 2026 and a
public hearing for second reading of this Ordinance set for the 5th day of May, 2026, in
the Council Chambers of the Vail Municipal Building, Vail, Colorado.
_____________________________
Barry Davis, Mayor
ATTEST:
____________________________
Stephanie Kauffman, Town Clerk
READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED
this 5th day of May, 2026.
_____________________________
Barry Davis, Mayor
ATTEST:
____________________________
Stephanie Kauffman, Town Clerk
40
AGENDA ITEM NO. 6.1
Item Cover Page
DATE:April 21, 2026
TIME:10 min.
SUBMITTED BY:Jake Shipe, Finance
ITEM TYPE:Ordinance
AGENDA SECTION:Public Hearings (6:30pm)
SUBJECT:Ordinance No. 4, Series of 2026, Second Reading, An Ordinance
Making Budget Adjustments to the Town of Vail General Fund,
Capital Projects Fund, Internal Employee Housing Rental Fund,
Timber Ridge Fund, Health Insurance Fund, and Dispatch
Services Fund of the 2026 Budget for the Town of Vail, Colorado;
and Authorizing the Said Adjustments as Set Forth Herin; and
Setting Forth Details in Regards Thereto (6:25pm)
SUGGESTED ACTION:Approve, approve with amendments, or deny Ordinance No. 4, Series
of 2026 upon second reading.
PRESENTER(S):Carlie Smith, Finance Director and Jake Shipe, Budget Analyst
VAIL TOWN COUNCIL AGENDA ITEM REPORT
ATTACHMENTS:
2026 1st Supplemental Budget (2nd Reading) - Memo.pdf
Ord #4 - 1st Supp 2026 2nd Reading.pdf
2026 1st Supplemental Budget (2nd Reading) - Presentation Updated.pdf
41
TO: Vail Town Council
FROM: Finance Department
DATE: April 21, 2026
SUBJECT: Second Reading of Ordinance No. 4 Series of 2026: 2026 First Supplemental
Appropriation
I. SUMMARY
During Tuesday evening's session, you will be asked to approve the second reading of Ordinance
No. 4, making supplemental appropriations and adjustments to the 2026 budget. The main
purpose of this supplemental is to re-appropriate funds for capital projects and one-time programs
budgeted in 2025 and are continuing into this year, or projects that did not begin as planned. This
supplemental reflects $69.3M of these expenditure re-appropriations, the largest of which is for
the Dobson ice arena renovation ($33.4M). This supplemental also included a roll-forward of
$5.5M in grant and project reimbursement revenues originally expected in 2025, but that will not
be received until 2026.
Colorado experienced a very dry winter, which has reduced visitation across mountain resort
communities and negatively impacted major revenue sources, including sales tax, parking, and
lift tax collections. In response, staff has revised revenue projections downward. Overall,
projected revenues have been reduced by $5,497,221. In response, staff also identified
$7,954,321 in expenditure reductions, including $1,244,821 in operating and $6,709,500 in capital
reductions and project deferrals. Additionally, the Town will forgo the reappropriation of
$1,124,415 in capital projects originally included in the 2025 budget.
Lastly, staff is proposing $5.5M in new requests and adjustments. The majority of these increases,
or $4.8M, are fully or largely offset by new revenues such as grants and reimbursements. An
additional $202.5K of these increases have been previously approved during a Town Council
meeting.
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II. DISCUSSION
Changes to the budget supplemental request from first reading
Timber Ridge Sales and Adjustments
• In line with the Town’s conservative budgeting approach, staff has reduced the budgeted
reimbursement for the Timber Ridge project from unit sale proceeds by $18.0M,
decreasing it from $22.7M to $4.7M. This adjustment better reflects funds currently
available for spending. As reserves have been drawn down, this provides Council with a
clearer and more accurate understanding of available resources while also improving
transparency for the public. Staff will update revenues in future supplementals as
proceeds from the development are received. This conservative projection negatively
impacts General Fund reserves by $18.0M.
• At the February 3 Council meeting, Town Council supported increasing available funding
for loans to Town of Vail (TOV) employees through the Employee Homeownership
Program (EHOP) by $500,000 to encourage greater participation particularly in
connection with Timber Ridge unit sales. The Town has committed to purchasing
$25.0M of Timber Ridge units, including a $3.0M contribution to Habitat for Humanity.
The remaining $22.0M will support TOV employee rentals and unit sales to employees
through a buydown program with stricter deed restrictions. Increasing available EHOP
funding will help more employees participate in homeownership opportunities at Timber
Ridge. Staff has reflected this increase in restricted fund balance for the EHOP program
in the General Fund, in addition to 2025 program interest earnings of $44,184. Staff
originally anticipated the $500,000 coming from proceeds of unit sales. However, due to
the more conservative projection, staff has reflected these funds instead being brought
in from unrestricted General Fund Balance.
• Additionally, staff is requesting an increase of $235,000 in expenditures within the
Internal Housing Rental Fund to purchase additional parking spaces for Timber Ridge
TOV rental units and the buydown program. Each unit already includes one parking
space; this request is estimated to fund approximately 14 additional spaces. While the
final unit inventory is still being finalized with Triumph, the Town anticipates acquiring the
majority as studios however there will also be mix of two- and three-bedroom units in the
rental and buydown program pool.
After accounting for all adjustments in this supplemental budget, non-restricted
fund balance in the General Fund is projected to be $19.5M at the end of 2026, and
Town-wide non-restricted fund balance is projected to be $34.0M at the end of
2026.
General Fund
• Staff proposes transferring $54,989 of police confiscations funds to the Heavy
Equipment Fund for use in upfitting three police pickup trucks for use in chain law
enforcement and Vail Pass response. These trucks are already scheduled for routine
replacement in 2026 but without the added uplift needed for chain law enforcement. The
additional equipment will give the vehicles power and equipment to push/pull vehicles
that are blocking evacuation routes including the bike path to runaway truck ramp in East
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Vail. All three vehicles will be outfitted with emergency lights that will allow them to be
used for chain law enforcement on I-70.
Internal Employee Housing Rental Fund
• Staff is requesting to increase expenditures by $235,000 to purchase additional parking
spots for the employee housing units at Timber Ridge.
Capital Projects Fund
• Staff has reflected the following adjustments related to the Southface Certificates of
Participation:
o An increase in expenditures of $2,000 for fees for arbitrage compliance required
for the bonds.
o An increase in revenue through the reappropriation of $80,000 in interest
earnings on the COP funds. These earnings are held in the town’s reserves for
debt service payments.
Real Estate Transfer Tax Fund
• An increase in expenditures of $15,200 for consulting fees to develop a departmental
business plan for RETT fund departments. The total cost of the internal strategic and
departmental business planning initiatives across all funds is proposed at $215,550.
Dispatch Services Fund
• Staff is requesting an increase in annual operating expenditures of $51,000 for licensing
fees for the Aurelian Artificial Intelligence call taking software. The system operates by
answering incoming calls on non-emergency lines using AI. It collects essential
information such as location, caller name, phone number, call type, etc. It then uses that
data to create a call for service to be picked up by a dispatcher or agency. The initial
contract term will last three years. This purchase has been approved by participating
user agencies.
Repeated from first reading (totals have been updated to reflect the changes above)
Proposed Revenue Reductions
Due to the limited snowfall experienced this Winter, several of the Town’s major revenue sources
have lagged behind the original 2026 budget. This supplemental reflects the following decreases
in revenue collections as a result:
• Sales Tax: General sales tax collections are projected to decrease by $2,638,797
compared to the current budget. The total proposed amended budget for 2026 is
$39,699,003. This represents an overall decrease of 8% compared to the 2026 original
budget. This amount will decrease sales tax revenues in the General Fund by $1,636,054,
and in the Capital Projects Fund by $1,002,743.
• Housing Sales Tax: Collections of the 0.5% sales tax dedicated to community housing
are projected to decrease by $306,160 compared to the current budget, in-line with
general sales tax collections. The proposed amended annual budget is $4,834,840.
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• Ski Lift Tax: Ski lift tax collections are projected to decrease by $909,625 compared to
the current budget. This represents a 10% decrease from 2025. The proposed amended
budget for 2026 totals $6,039,641.
• Parking Revenues: Parking revenues are projected to decrease by $1,542,639
compared to the current budget. This represents a 9.0% decrease compared to 2025. The
total amended budget for all parking and transportation revenues (including daily parking
fees, parking passes, and electric vehicle charging) totals $8,965,340.
These changes will be discussed in more detail during the afternoon session.
SB-230 Transit Enhancements
The Town has been awarded a grant award by the state Clean Transit Enterprise in the amount
of $938,499 for transit service expansion, funded by the oil and gas production fees imposed
under SB24-230. This grant reimburses 80% of costs up to the maximum, with the Town
responsible for funding the remaining 20%. With the revenue reductions, the General Fund could
not support the town’s 20% match totaling $271,328 without utilizing reserves or adjusting the
sales tax split between the General Fund and the Capital Project Fund. At the February 17th Town
Council meeting, Council supported the service enhancements, and to adjust the current
62%/38% sales tax split between the General Fund and Capital Projects Fund as necessary to
fund these enhancements, up-to 63%/37%. Since the February 17 meeting, staff has begun the
hiring process for the additional positions needed to support these service enhancements. The
supplemental budget includes both the anticipated grant funding and associated expenditures.
However, if staffing needs cannot be fully met, the enhanced transit services as well as the grant
funds will be deferred until next summer.
These enhancements funded by this grant require supplementing a net budgetary increase
to the Town of $271,328. The specific budgetary impacts are listed below:
• The services enhancements require a net increase in Full-Time Equivalent positions
(FTEs) of 11.0 compared to the 2025 baseline. This includes nine full-time bus drivers,
one bus supervisor, and one fleet mechanic. In the 2026 budget, staff place-held 6.0 of
these positions in anticipation of at least a partial-service enhancement. In order to
implement these enhancements, an additional 5.0 FTEs will be added to the Town’s
budget, increasing the total Town-wide FTE count to 385.71.
• Revenues will be increased by $938,499 to reflect collection of the SB24-230 grant.
• Salaries and benefit expenditures will be increased by a total of $912,088 in the General
Fund ($830,188) and Heavy Equipment fund ($81,900), to reflect the cost of the 11.0 FTEs
associated with this grant.
• Departmental Heavy Equipment operational charges will be increased by $370,867 to
reflect the total cost of fuel, increased repairs and supplies, and HEF personnel required
to support the increased service. Revenue in the Heavy Equipment Fund will be increased
by the same amount. As this an internal service charge, this has no net impact on Town-
wide expenditures.
• Revenues and expenditures in the Health Insurance Fund will be increased by $173,506
to reflect the estimated cost of health insurance benefits for the new personnel. The
estimated Town-paid costs of $135,350 cost are already reflected in the benefit cost listed
above, and as an internal change, have no net impact on Town-wide expenditures.
General Fund
Revenue
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General Fund revenues have been increased by $2,702,458 offset by a decrease in revenues
forecasts totaling $4,203,626 as described above and a decrease in interfund transfers of
$22,995,941. Of the $2,702,458 increases in revenue, $1,513,806, reflects project
reimbursements and grant funding that will be directly offset by corresponding expenditures,
including the following:
• $938,499 in funding from the SB 24-230 transit operational grant, described in detail
above.
• $400,000 reimbursement from East West for planning and legal costs incurred related to
West Lionshead.
• $89,702 re-appropriation for the DOLA Housing Capacity grant originally budgeted in 2024
and ongoing into 2026. This is an 80% matching grant.
• $43,549 re-appropriation of the 2025-2026 High Visibility DUI Enforcement from the state
originally budgeted in 2025 and ongoing into 2026.
• $8,000 in reimbursements for recruiting costs to be performed for the Eagle River Fire
Protection District in according with the Wildfire IGA approved by council at the March 3rd
meeting.
• $7,000 utilization of the police crimes fund towards initiatives carried out by the GRAINTE
interagency drug task force.
The remaining $1,188,652 increase in revenue includes the following:
• $586,000 in collections from the Automated Speeding Enforcement Cameras. This offsets
an increase in fees for this program of $239,180. Total net collections (including the
camera lease fees already included the budget) for 2026 are conservatively projected at
$298,000. Between November 2025 when the cameras were put in place, through the
end of February, the Town has collected a net $73,922.
• $285,616 roll-forward for wildland fire deployment reimbursements in 2025 that are still
making their way through the state reimbursement process. All reimbursements for the
prior year are typically received by June/July.
• $271,328 increase resulting from the adjustment to the sales tax split between the
General Fund to accommodate the Town’s match for the SB24-230 grant (additional
detail is located above).
• $28,400 in collections for chain law violations during the Spring.
• $2,000 true-up of the management fees paid to the Town by the Vail Local Marketing
District.
Revenues have also been decreased by $5,000,000 to reflect the elimination of the planned
repayment to from the Capital Projects Fund for loan for the Dobson Arena redevelopment based
on project timing. The 2025 budget included an $8,000,000 transfer from the General Fund to the
Capital Projects Fund, with the first $5,000,000 repayment scheduled for 2026. However, based
on project cash flow timing, the transfer was not needed in 2025, and no funds were transferred.
Accordingly, $3,000,000 of the original $8,000,000 loan has been reappropriated to expenditures
in 2026 and will be repaid in full 2027 with Vail Reinvestment Authority Funds
General Fund expenditures are proposed to increase by $13,649,724, offset by a decrease in
expenditures of $15,018,610. $1,245,124 of the increased expenditures are related to the transit
enhancements related to the SB24-230 grant described above, while another $760,183
represents expenditures that are fully or partially offset by the revenue items listed above.
Another $3,327,929 represent re-appropriation of expenditures for ongoing projects, such as the
$3,000,000 loan to the Capital Projects Fund for the Dobson Arena described above, and
$237,929 for the ongoing neighborhood drainage master plan.
The remaining increase in expenditures represents the following new requests and adjustments:
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• $125,000 for the Town’s portions of legal and consultant costs related to the potential
implementation of a Downtown Development District in the West Lionshead area. This is
offset by savings in 2025 in the Civic Area Master Plan. This was approved by the Town
Council at the January 6th meeting.
• $55,000 for the development and implementation of an internal management training and
business development plans for the Town’s departments utilizing 2025 savings in contract
services in the Human Resources department. This was approved by Council at the March
3rd meeting.
• $7,000 for the purchase of training material and storage devices for the new explosives
detection canine.
• $4,400 for professional services to upload the Police Department’s standard operating
procedures into the Lexipol policy management system.
Of the decrease in expenditures totaling $15,018,610, $6,815,511 are budgetary reductions to
addresses the shortfall in revenues experienced during this winter season and includes the
following:
• A net decrease in the transfer to other funds of $5,650,000 for the purchase of additional
units at Timber Ridge. These units will instead be purchased by the Internal Employee
Housing Fund to increase flexibility in rental options and offer an employee buydown
purchase option. A total of $22,449,908 in funding is still committed to the purchase of
Timber Ridge units Town-wide, however the $5,650,000 of funds will be paid from the
Housing Fund, reducing the burden to the General Fund.
• $599,274 reduction in General Fund departmental operational expenditures.
• $196,462 reduction in Heavy Equipment charges realized through savings in the fleet
department
• $344,755 reduction in personnel expenditures achieved through managed vacancies
through March and savings from unused vacation buyback funds.
The remaining decreases in expenditures includes the following items:
• A reduction of $60,000 in Housing Department operational expenditures for contract
services related to a Deed Restriction compliance software. This expenditures has been
moved to the Capital Projects Fund to allow the Town to license a software-solution for
this purpose. This has no net-impact to the Town-wide budget.
• A reduction in the special events funding transfer to the Vail Local Marketing District of
$15,000 to reflect the absorption of extra-duty worked by police officers for the 4th of July
event by the VLMD special events budget.
The above adjustments to the General Fund 2026 budget result in an estimated fund balance of
$48.6 million by the end of 2024, or 104% of annual revenues in a normal year however only
$19.5M of that is available to spend above and beyond restricted amounts
Capital Projects Fund
Budgeted revenues will be adjusted by an increase of $10,578,152, offset by a decrease of
$5,673,541. Of the decrease in revenue, $1,274,071 relates to decreases in revenue due to the
economic conditions, while a decrease of $4,399,500 is related to the timing of Timber Ridge
reimbursements. This reimbursement of this will be dependent upon sales.
Of the increases in revenue, $7,219,210 are related to reimbursements and grants for capital
projects originally budgeted and committed to in prior years but are being re-appropriated due to
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project timing. These revenues will be directly offset by re-appropriated project expenditures.
These include:
• A loan of $3,000,000 from the General Fund to facilitate the cash-funding of the Dobson
Arena Redevelopment, to be repaid in 2027. The 2025 budget originally included a
transfer in the amount of $8,000,000 for this purpose, with the first $5,000,000 installment
to be repaid in 2026. Based on the timing of project cash-flows, the full amount was not
needed in 2025. Accordingly, the first repayment of $5,000,000 has been eliminated from
the expenditure budget. The General Fund will now just transfer $3.0M to the Capital
Projects Fund in 2026 which will be reimbursed in full in 2027.
• The second half of the Vail Recreation District’s contribution to the Dobson Arena
redevelopment in the amount of $1,700,000.
• A total of $1,897,829 utilization of the Holy Cross franchise fee and underground
enhancement funds for the conversion of overhead electric lines to underground lines in
conjunction with the planned fiber optic project. These funds are built-up over time and
recognized when used towards applicable projects.
• $524,313 Multi-Model Option Funds grant to be used towards the design of an expanded
Mobility Hub at the Vail Transportation Center
• $91,964 Multi-Model Option Funds grant to be used towards the continuing bollard
infrastructure project
• $5,104 for the remaining Colorado Energy Office grant towards the design of a
Geothermal Energy District
Additionally, this supplemental budget includes $3,278,942 in new one-time revenue sources.
These include:
• Staff is proposing to utilize $1,908,277 in deferred Traffic Impact fees on the Timber Ridge
Bus Stop construction. Traffic Impact Fees are imposed on development to fund future
transportation-related capital improvements needed to facilities the growth imposed by the
development. The Town collects these fees during the development process and puts
them aside until the design and construction of an appropriate project. This will utilize
almost all of the deferred Traffic Impact Fee balance, which is approximately $1,920,000.
• A $1,254,076 Clean Transit Enterprise state grant award for the purchase of an additional
electric bus to support enhanced transit service. This partially offsets an expenditure
increase of $1,675,000 for the acquisition of the additional bus.
• A Colorado Charge Ahead grant award of $70,000 for the installation of electric vehicle
charging stations included in the 2026 Energy Efficiency Upgrade package. This is offset
by an increase in expenditures towards this project’s contingency.
• Federal clean energy tax incentives totaling $46,589, reimbursing the Town’s investment
in prior-year electric vehicle charging stations and pilot electric vehicle purchases. This by
an increase in expenditures for additional contingency in the Energy Efficiency Upgrade
package.
Staff is requesting to supplement 2026 expenditures by a total of $53,216,909, offset by
decreases in expenditures of $6,590,500. Of the decreases, $1,590,500 represents
reductions and deferrals as a response to the revenue reductions, with an additional
$5,000,000 decrease based on the timing of the loan from the General Fund for the Dobson
Arena.
Of this increase, $51,329,320 represents projects budgeted in 2025 but that have not yet
completed/received such as the Dobson Arena Remodel ($33.4M), Holy Cross unground
conversion in East Vail ($4.2M), Timber Ridge Transit Stop ($1.9M), and the placeholder for the
replacement of snowmelt boilers upon failure ($1.6M).
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Please see the Capital Projects Fund statement for a full list of all re-appropriations.
The remaining $1,885,589 increase in expenditures is for new requests/adjustments, of which
$1,791,589 is fully or partially offset by new revenue sources as described above. The remaining
requests and adjustments including the following:
• $60,000 for a software to track and monitor deed restriction compliance. This is offset
by an equal decrease in contract services in the General Fund housing department
budget, and has no impact to Town-wide expenditures.
• $22,500 for to true-up the budget for the Police Department’s Axon body-worn
cameras. This was approved by Council in during the final supplemental of 2025 in
December.
• $11,500 to outfit an existing police department vehicle for usage by the new explosives
detection canine.
The budget reductions and deferrals identified by staff, totaling $1,590,500, include the following:
• A reduction of $525,000 for parking structure maintenance. Staff believes the remaining
budget of $1,888,319 is sufficient for 2026 based on the Town’s current long-term capital
maintenance plan for the structures.
• A deferral of $375,000 for the East Kinnickinnic bridge rehabilitation until 2027. Design is
anticipated to proceed in 2026.
• A deferral of $250,000 for a pilot installation of roundabout traffic counters in the Mail Vail
roundabout until 2027.
• A reduction of $160,000 in the contingency budget for the replacement of hybrid/EV bus
batteries upon failure. Staff believes the remaining contingency of $200,000 is sufficient
to cover potential failures during 2026 based on the number of buses coming out of the
warranty period this year.
• A deferral of $150,000 for the design of the Lionshead Structure east stair snowmelt
system until 2027. Construction is anticipated to proceed in 2027 at a cost of $750,000.
• A deferral of $126,000 the purchase additional anti-vehicle barriers until 2027.
• A reduction in the storm drain labeling project to indicate drainage to the creeks of $4,500.
A budget of $85,500 remains.
All of the above adjustments will result in an estimated fund balance of $20.7 million by the end
of 2026. Of that amount, $7.0 million is unrestricted by the minimum reserve requirement or debt
obligations.
Real Estate Transfer Tax (RETT) Fund
Budgeted revenues will be adjusted by an increase of $576,135. The majority of this or
$416,135 is for revenue reimbursements and grants originally budgeted and awarded in prior
years but delayed due to project timing. These revenues will be directly offset by re-
appropriated project expenditures. This includes:
• $205,309 for the contribution from the Eagle River Water and Sanitation District towards
the Dowd Junction Stabilization project.
• $125,000 for the USFS grant for the Booth Creek Fuels Implementation
• $75,000 for a contribution from the Evergreen Development towards the Middle Creek
on TOV-owned land as required by the development process
• $10,883 for the bear education grant from Colorado Parks and Wildlife
The remaining $160,000 increase in revenue is related the amendment to the intergovernmental
agreement with Eagle County for the wildfire mitigation and response program, approved by
council at the March 3rd meeting. This directly offsets an equal increase in expenditures of
$160,000 for the purchase of an additional wildland vehicle ($70,000), implementation of fuels
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reduction in the WRPP work area ($75,000), curbside chipping ($10,000), and small equipment
($5,000).
Staff is requesting to increase expenditures by a total of $6,091,390, offset by a decrease
in expenditures of $208,310.
Of the increase in expenditures of which $5,830,017 represents projects and programs budgeted
in 2025 but that have not yet completed. This includes the Gore Creek Promenade rehabilitation
($1.1M) TOV contribution to the replacement of Athletic Field restroom and concession building
($789.5K), and the replacement of the Ford Park turf field with a synthetic alternative ($450.0K).
Please see the Real Estate Transfer Tax fund statement for a full list of all re-appropriations.
Of the remaining $261,373 increase for new requests and adjustments, $160,000 are
reimbursed by the new revenue sources detailed above. The remaining adjustments
include the following:
• $85,500 for the development of a recreation master plan to identify the current capacity
and future needs as the community receives new residents upon completion of the various
housing developments under construction.
• A $1,173 adjustment to Heavy Equipment Charges for RETT fund departments based on
a re-allocation of charges.
The above adjustments will result in an estimated fund balance of $8.8 million at the end of 2025.
Of that amount, $6.8 million is available above the minimum reserve requirement.
Housing Fund
Budgeted revenue will increase by $871,595, offset by a decrease of ($14,079,259) for the
following items:
• Re-appropriate $421,595 for the sale of the Pitkin Creek Park #3B unit purchased by the
town in 2024. This unit was resold to the communityas a deed restricted unit in March of
2026.
• $450,000 for the collection of Employee Housing Unit (EHU) credits payments in
association with the Timber Ridge project.
• A decrease in Housing Sales Tax collections of $(306,160). Please see the first section of
this memo for additional detail.
• A decrease in the transfer from the General Fund for community Timber Ridge unit
purchases of $(13,773,099). The Housing fund will purchase $5,826,849 of units utilizing
housing fund balance, Indeed Funds and BuyDown Funds. The remaining $$16,623,099
of units will instead be purchased by the Internal Employee Housing Fund utilizing $8.5M
from the Capital Project Funds and $8,123,099 from the General Fund. This will allow
those units to be utilized for both employee rentals and an employee buydown program
currently being developed.
Staff is also requesting to increase budgeted expenditures for re-appropriations in the amount of
$5,084,355, offset by a decrease in expenditures of $8,123,099 for Timber Ridge units described
above and a decrease of $15,308 for the 5% Housing Sales Tax collections fee paid to the
General Fund. The re-appropriation requests include:
• $1,389,222 for the placeholder for the purchase of buy-down housing units, to be resold
to the community with a deed restriction. This factors in a $2.0 million reduction to allow
housing funds to be utilized towards the purchase of Timber Ridge Units.
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• $975,645 for the Vail InDEED program. Total funding is proposed at $2.0M for 2026.
This factors in a $3.0 million reduction to allow housing funds to be utilized towards the
purchase of Timber Ridge Units.
• $619,488 for the design of a housing development at the East Vail CDOT parcel.
• $50,000 for the final payment of the opportunity fee at Residences at Main Vail.
• $50,000 placeholder to explore a potential future housing development at the Eagle-Vail
parcel, in collaboration with other entities.
All of the above adjustments will result in an estimated fund balance of $161.7K by the end of
2026.
Internal Employee Housing Rental Fund
Budgeted expenditures will increase by $8,358,099 for purchases of additional units and parking
spaces at Timber Ridge to allow for rental to internal employees until the Town makes a decision
about the final purpose of these units. The placeholder for purchases of units from the Housing
Fund has been decreased by an equal amount. It will be determined at a future date if these units
may be retained in the internal housing pool, or sold back to the community. This increase in
expenditures is offset an equal transfer from the General Fund, with no net impact to the Internal
Employee Housing Rental Fund.
The above adjustments will result in an estimated fund balance of $357.6K at the end of 2026.
Dispatch Services Fund
Budgeted expenditures are requested to increase by $1,703,317. Approximately half of this
amount, $804,610, represents re-appropriation of ongoing capital projects. This includes the
following:
• $750,000 for the replacement of the Records Management System (RMS)
• $97,449 for the Mobile Responder Command and Control tool
• $23,384 for the ongoing analysis of the Dispatch Center’s structure, staffing, and tools
The remaining increase in expenditures of $832,484 is for new requests and includes the
following:
• $781,226 for an upgrade to the AXS radio console. The current consolettes have reached
end-of-life status, and the state has required that all infrastructure be upgraded by 2030.
Proactively addressing these needs now will support operational continuity, maintain
system reliability, and align our agency with both state requirements and regional upgrade
timelines. The majority of this cost, or $766,226, will be reimbursed by the county 911
Authority Board.
• An adjustment to Heavy Equipment Charges of $258 based on the Town-wide charge
reallocation.
The above adjustments will result in an estimated fund balance of $2,426,837 at the end of 2026.
Heavy Equipment Fund
Budgeted expenditures are proposed to increase by $1,213,128, offset by a reduction in
expenditures of $196,462. The majority of the increase in expenditures, $824,000 is requested
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for vehicle replacements originally budgeted in 2025. Most vehicles budgeted for have been
ordered and are awaiting delivery.
The remaining increase in requested expenditures and revenues are related to the SB24-230
service enhancements as described in the beginning of this memo.
The fleet budget has been reduced by $196,462 to address the decreases in revenue forecasts
described at the beginning of this memo. This is offset by an equal decrease in heavy equipment
operational charges from the General Fund, leading to the General fund which is realizing savings
in the amount of $196,462.
The above adjustments will result in an estimated fund balance of $3.0M at the end of 2026.
Health Insurance Fund
Revenues and expenditures have been increased by $173,506 to reflect the increased cost to the
Town’s Health Insurance Plan for the 11.0 additional FTE’s being added to accommodate the
increased Transit Service in association with the SB24-230 grant, as described above.
The Health Insurance Fund is estimated to have a fund balance of $3.8M at the end of 2026.
Timber Ridge Fund
The Timber Ridge Fund reflects a net decrease in expenditures of $129,233 due to the following
adjustments:
• An increase in expenditures of $100,000 for a contingency for legal fees associated with
the project.
• A decrease in the interfund loan repayment to the General Fund of $(229,233) to reflect
the actual loan amount received in 2025 ($20,115,596).
52
Changes since First reading
Variance Proposed
2025 2025 Favorable /2026 1st Budget 2026
Amended Actuals (Unfavorable)Budget Supplemental Reductions Amended Notes
Revenue
Local Taxes:42,064,000$ 43,606,691$ 1,542,691$ 42,337,800$ (2,638,797)$ 39,699,003$ Reduced sales tax collections ($2.0M)
Sales Tax Split b/t Gen'l Fund & Capital Fund 62/38 60/40 62/38 63/37
-
Sales Tax 26,330,000 26,290,000 (40,000) 26,539,800 271,328 (1,636,054) 25,175,074 Reduced sales tax collections allocated to GF ($1.5M)
Property and Ownership 8,083,644 8,088,653 5,009 8,299,526 8,299,526
Ski Lift Tax 6,915,427 6,702,598 (212,829) 6,949,266 (909,625) 6,039,641 Reduced ski lift tax colections ($817.7K)
Franchise Fees, Penalties, and Other Taxes 1,971,710 1,966,498 (5,212) 1,871,663 1,871,663
Licenses & Permits 3,451,625 3,569,540 117,915 3,512,761 3,512,761
Intergovernmental Revenue 4,371,847 4,575,472 203,625 3,677,926 1,275,664 (100,000) 4,853,590
SB-230 Transit Operating Grant ($938.5K); Re-appropriate remaining DOLA
Housing Capacity Grant ($89.7K); Reduced county sales tax ($100.0K); Re-
appropriate High Visibility DUI Enforcement Grant ($43.5K); Re-appropriate
uncollected 2025 wildfire deployment reimbursements ($285.6K); Eagle
County Wildfire IGA reimbursement for recruiting costs ($8.0K)
Transportation Centers 10,275,496 10,098,593 (176,903) 10,507,979 (1,542,639) 8,965,340 Reduced parking collections ($1.0M)
Charges for Services 2,060,185 2,114,765 54,580 1,990,877 2,000 (15,308) 1,977,569 True-up VLMD management fees ($2.0K); Reduced Housing Sales Tax
collections fee (-$15.3K)
Fines & Forfeitures 337,116 494,264 157,148 235,553 614,400 849,953 Estimated 2026 automated speed enforcement violations ($586.0K); Spring
2026 Chain Law Violation collections ($28.4K)
Earnings on Investments 2,226,834 2,650,194 423,360 1,057,245 1,057,245
Rental Revenue 862,187 767,694 (94,493) 808,219 808,219
Miscellaneous and Project Reimbursements 160,400 223,362 62,962 230,353 34,056 264,409 Usage of deferred PD forefeiture funds for GRANITE initiatives and upfitting of
vehicles for chain law enforcement ($34.1K)
Total Revenue 67,046,471 67,541,633 495,162 65,681,166 2,197,448 (4,203,626) 63,674,988
0.0%
Expenditures
Salaries 31,239,767 29,772,170 1,467,597 32,237,878 637,853 (242,379) 32,633,352 Increased personnel costs for SB-230 transit enhancements
Benefits 9,752,729 9,326,346 426,383 10,239,633 192,335 (102,396) 10,329,572
Subtotal Compensation and Benefits 40,992,496 39,098,516 1,893,980 42,477,511 830,188 (344,775) 42,962,924
Contributions and Welcome Centers 836,551 810,523 26,028 359,451 359,451
Childcare Program Funding 551,000 213,694 337,306 529,583 529,583
All Other Operating Expenses 14,667,243 12,094,794 2,572,449 13,784,946 306,080 (599,274) 13,491,752
Estimated automated speeding violation fees ($239.2K); Shift budget for deed
restriction compliance tool to Capital Projects Fund ($60.0K); Re-appropriate
departmental business planning ($55.0K); Operational costs related to transit
enhancements ($45.5K); Purchase of training supplies for explosives
detection canine ($7.0K); Funding for GRANITE initiatives offset by usage of
PD forefeiture funds ($7.0K)
Heavy Equipment Operating Charges 3,600,248 3,262,577 337,671 3,929,247 369,436 (196,462) 4,102,221 Increased HEF operational charges for SB-230 expanded transit operations
Heavy Equipment Replacement Charges 1,340,867 1,464,426 (123,559) 1,532,162 1,532,162
Dispatch Services 827,331 827,331 - 936,217 936,217
Total Expenditures 62,815,736 57,771,861 5,043,875 63,549,118 1,505,704 (1,140,511) 63,914,311
Surplus (Deficit) from Operations 4,230,735 9,769,772 5,539,037 2,132,049 691,744 (3,063,115) (239,322)
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
GENERAL FUND
53
Changes since First reading
Variance Proposed
2025 2025 Favorable /2026 1st Budget 2026
Amended Actuals (Unfavorable)Budget Supplemental Reductions Amended Notes
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
GENERAL FUND
Transit Route & Operations Planning (19,880) (19,888) (8) - Utilize portion of contingency towards West Lionshead ($200)
Destination Stewardship Mgmt. Plan (100,596) (92,958) 7,638 - Utilize funds towards water filling stations in RETT fund (-$60.0K)
Civic Area Master Plan (188,612) (29,663) 158,950 (25,000) - (25,000) Utilize savings in Civic Area Master Plan towards permitting software
implementation (-$40.2K)
West Vail Master Plan (150,000) - (25,000) (25,000)
West Lionshead Master Plan-TOV (131,000) (130,094) 906 (125,000) (125,000) Utilize portion of contingency towards West Lionshead ($1.0K)
West Lionshead Master Plan Reimbursements 400,000 400,000
West Lionshead Master Plan (400,000) (400,000)
Neighborhood Drainage Master Plan (350,000) (112,071) 237,929 (237,929) (237,929)
Housing Capcity Grant 159,125 46,123 (113,002) 89,702 89,702
Housing Capacity Initiatives (159,125) (46,123) 113,003 (113,003) (113,003) Re-allocate portion of grant expenditures to CPF for permitting software
implementation (-$100.0K)
Code Modernization Plan - - (100,000) (100,000)
Contingency (48,800) - 48,800 - Utilize portion of contingency towards West Lionshead and Transit Route
Planning (-$1.2K)
Contributions Funded with Reserves
ECO Trail- Eagle Valley Trail Contribution (Minturn)-
Net Increase /(Decrease) due to One- Time Items: (988,888) (384,673) 604,215 (150,000) (386,230) - (536,230)
Transfer (to)/from VLMD for Special Events (2,522,299) (2,044,135) 478,164 (2,667,500) 15,000 (2,652,500)
RETT repayment for Booth Heights Legal Fees - -
Transfer to Capital Projects Fund for Dobson Renovation (CPF
Loan)(8,000,000) - 8,000,000 5,000,000 (8,000,000) (3,000,000)
Transfer (to) RETT for Destination Stewardship (70,010) (70,010) - - Transfer Destination Stewardship funds to RETT for bottle filling station
installations ($60.0K)
Transfer (to)/from Housing Fund (Community TR Unit Purchases)- - (13,773,099) 13,773,099 -
Transfer to Internal Employee Housing Fund (TR Unit Purchases)(8,123,099) (8,123,099)
Transfer (to)/from Other Funds (Other)- (54,989) (54,989) Transfer confiscations funds to Heavy Equipment Fund to upfit three
vehicle replacements for chain law enforcement ($55.9K)
Timber Ridge
Transfer to TR for Redevelopment (Loan to TR)(229,233) - 229,233 20,344,829 (17,980,633) 2,364,196 Loan for TR units
Middle Creek Redevelopment (Transfer to HF)
Surplus (Deficit) Net of Transfers and One-Time Items (7,579,695) 7,270,954 10,886,279 (25,715,108) 2,586,885 (12,241,944)
Beginning Fund Balance 53,700,860 53,700,860 46,169,876 60,971,813
Ending Fund Balance 46,121,164$ 60,971,813$ 57,056,155$ 48,729,869$
As % of Annual Revenues 69%90%87%77%
Reserved/Restricted Fund Balances
Reserve Minimum Requirement (25% of Revenues)16,256,489 16,256,489 16,420,292 (501,545) 15,918,747
Parking Capital Reserve 6,230,000 6,230,000 8,230,000 8,230,000
Employee Homeownership Program (EHOP) Balance 2,121,907 2,121,907 2,121,907 544,184 2,666,091
Childcare Program Reserve funded by Tobacco Tax 2,032,179 2,289,571 2,289,571 2,289,571
Total Ending Reserved Fund Balances 26,640,575 26,897,967 29,061,769 29,104,409
Ending Fund Balance- Available 19,480,589$ 34,073,846$ 27,994,386$ 19,625,461$
54
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget 2026
Amended Actuals (Unfavorable)2026 Supplemental Re-Appropriations Reductions Amended Description
Revenue
Total Sales Tax Revenue:42,064,000$ 43,606,691$ 1,542,691$ 42,337,800$ (2,638,797)$ 39,699,003$ 2026: Flat, with adjustments for anticipated redevelopment impacts
Sales Tax Split between General Fund & Capital Fund 62/38 60/40 62/38 63/37 Sales tax split 62/38
Sales Tax - Capital Projects Fund 15,984,000 17,276,691 1,292,691 16,088,000 (271,328) (1,002,743) 14,813,929
Use Tax 2,502,000 2,424,403 (77,597) 2,502,000 2,502,000 2026: Based on three-year average, with no major developments included at this time
Traffic Impact Fee - - - - 1,908,277 1,908,277 2026: Utilize deferred traffic impact fees towards Timber Ridge Bus Stop ($1.9M)
Franchise Fee 1,123,392 - (1,123,392) - 1,123,392 1,123,392
2025: Utilization of 1% Franchise Fee for Holy Cross underground utilities project ($1.1M); 2026: Re-
appropriate utilization of 1% franchise fee for Holy Cross underground utilities project ($1.1M)
Federal Grant Revenue 1,613,760 1,613,760 - - 46,589 46,589
2025: Federal Grant #24-HTR0ZL00250 for purchase of two buses ($1.6M)
2026: Federal energy tax credits towards prior-years EV charger EV pilot projects; Utilize funds to
increase contingency for energy efficiency performance contract ($46.6K)
Other State Revenue 1,171,964 550,583 (621,381) 1,781,507 1,329,180 616,277 3,726,964
2025: MMOF Grant towards Mobility Hub Design ($750.0K); CO Energy Office Geothermal Design Grant
($250.0K); MMOF Grant toward Bollards ($92.0K); CDOT Grant towards 3 electric bus chargers
($154.1K); Eliminate Reappropriation of CDOT #22-HTR-ZL-011 Received in 2024 (154.0K); 2025: DOLA
Housing Capacity Grant utilized towards permitting software ($80.0K); 2026: State GeoX System Tax
Credit ($1.8M);
2026: State Clean Energy Enterprise grant towards electric bus ($1.3M); Re-appropriate MMOF
Grant towards Mobility Hub Design ($524.3K);Re-appropriate MMOF Grant toward Bollards
($92.0K); Colorado Charge Ahead grant towards EV charges in EPC; Utilize funds to increase
contingency for energy efficiency performance contract ($70.0K) Re-appropriate CO Energy Office
Grant towards Geothermal Design ($5.1K)
Lease Revenue 172,270 168,826 (3,444) 172,270 172,270 Per Vail Commons commercial (incr. every 5 years)
Project Reimbursement- TR Land Reimbursement - - 4,399,500 (4,399,500) - 2026: Timber Ridge Land Reimbursement ($4.4M); Defer Timber Ridge Land Reimbursement to 2027
Project Reimbursement 774,437 32,498 (741,939) - 774,437 774,437
2025: Utilization of HCE Funds for Underground Utility Project with Holy Cross ($774.4K);
2026: Reappropriate utilization of HCE Funds for Underground Utility Project with Holy Cross
($774.4K)
Misc - 11,542 11,542 - -
Donations - - 9,000 9,000 2026: Utilization of Friends of Library Donations towards Game Table ($9.0K)
Timber Ridge Loan repayment 462,909 55,379 (407,530) 3,488,184 3,488,184 2026: Full repayment of remaining balance of 2013 loan from the Capital Projects Fund to the Timber
Ridge Fund ($3.5M)
Earnings on Investments and Other 1,611,957 1,823,341 211,383 139,000 139,000 2026: 2.5% return assumed
Total Revenue 25,416,689 23,957,023 (1,459,666) 28,579,461 (1,386,782) 2,514,106 (1,002,743) 28,704,042
Expenditures
Facilities
Facilities Capital Maintenance 430,000 278,517 151,483 360,000 360,000
Annual repair and maintenance costs of Town-owned facilities. 2026 includes:
-Fire Station Upkeep ($97.5K)
-Library Hot Water Heater & Fire Panel Replacement ($17.8K)
-Transit Cetner Upkeep ($50.0K)
-Public Work Shops Garage Door & Window Replacements ($45.0K)
-Miscellaneous Facility R&M ($150.0K)
Municipal Complex Maintenance 702,788 435,015 267,773 - 394,271 394,271
Annual repair and maintenance cost of Municipal Complex including the Police Department
2026: Re-appropriate funds towards ongoing Municipal Complex maintenance ($267.7K);
Repurpose 2025 savings in general facilities maintenance towards PD Rooftop HVAC units
($126.5K)
Building Energy Enhancement Projects 75,000 - 75,000 - - 2025: Efficiency enhancements in Town building, pending results of 2024 Energy Audit ($75.0K)
Public Works Building Maintenance - - - 100,000 100,000 2026: Placeholder for Public Works Building roof rehabilitation/repairs ($100.0K)
Public Works Specialty Equipment 30,000 29,105 895 - - 2025: Purchase of Sign Shop Printer ($30.0K)
Welcome Center/Grandview Capital Maintenance 25,000 - 25,000 25,750 25,750 Placeholder for annual capital maintenance of Welcome Center and Grandview Room
Welcome Center display upgrades - - - 150,000 150,000 2026: Placeholder for routine updates to Welcome Center Displays $150.0K
Purchase of Employee Rental Units 2,046,641 2,042,204 4,437 - - 2025: Purchase of Hamlet Townhome Unit #3 ($2.1M); All Future purchases of employee units will be
reflected in the Internal Housing Fund
Geothermal Energy System 1,843,096 394,896 1,448,200 - - Utilize placeholder for Geothermal Energy System towards the 2026 Energy Performance Contract which
includes the first Geothermal Node ($1.5M) budgeted below
55
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget 2026
Amended Actuals (Unfavorable)2026 Supplemental Re-Appropriations Reductions Amended Description
Energy Efficiency Performance Contract - - - 9,123,235 116,589 8,043 9,247,867
2026: Energy efficiency upgrade package -
Includes the following measures:
-Geothermal Energy Node/Borefield at Library & Dobson Ice Arena (Ground Source Heat Pump)
-Parking Structure LED Fixtures
-Solar Systems and Battery Storage at Library and Donovan Pavilion
-17 Level 2 EV Charging Stations at Donovan Park Pavilion, Ford Park, Stephen's Park, Public Works, and
Vail Golf Clubhouse
-Snowmelt and Facility Heating Control upgrades
-Other miscellaneous items such as window & insulation upgrades and fire pit flame reductions
2026: Increased project contingency utilizing prior year federal tax credits ($46.6K) and Colorado
Charge Ahead Grant ($70.0K); Utilize 2025 savings in Building Energy Enhancements towards
additional project contingency ($8.0K);
Snowmelt Boilers Replacement 1,895,594 20,320 1,875,274 - 1,655,274 1,655,274 2026: Roll-forward placeholder for routine replacement of snowmelt boilers with like-equipment;
May be necessary depending on financial and technical feasibility and timing of the Geothermal
Energy District currently under exploration ($1.7M)
Arrabelle Snowmelt Boilers 190,000 - 190,000 - 410,000 410,000
2025: Placeholder for Arabelle Boiler Replacement - Shared cost managed by Vail Resorts ($190.0K);
2026: Re-appropriate funds towards Arabelle Boiler Replacement - Shared cost managed by Vail
Resorts ($190.0K); Re-purpose general snowmelt boiler replacement placeholder towards
increased cost of Arabelle upgrades based on Town's share of usage and total project cost
($220.0K)
Donovan Pavilion Remodel 109,500 - 109,500 25,000 25,000
2025: Main Floor refinishing/resealing ($35.0K); Walk-behind floor buffer/sweeper ($10.0K); Furniture
Replacements ($14.5K); Capital maint contingency ($50.0K)
2026: Placeholder for annual Capital Maintenance at Donovan Park Pavilion ($25.0K)
Mountain Plaza Elevator Renovation 100,000 - 100,000 - 100,000 100,000
2025: Placeholder for Mountain plaza elevator renovation (shared cost with Vail Resorts)
2026: Re-appropriate placeholder for Mountain Plaza elevator renovation (shared cost with Vail
Resorts - $100.0K)
Vail Mobility Hub Expansion 1,500,000 476,299 1,023,701 - 1,310,400 1,310,400
2025: Design of Vail Mobility Hub Expansion, offset by $750K MMOF match grant included in state
reimbursements above ($1.5M)
2026: Re-appropriate funds for design of Vail Mobility Hub Expansion, 50% reimbursed by MMOF
grant ($1.0M); Utilize savings in streets maintenance and parking structure maintenance towards
design of Vail Mobility Hub Expansion ($275.0K)
Fire Sprinkler Upgrades at Bus Barn 1,048,791 35,576 1,013,215 - 1,013,215 1,013,215 2025: Bus Barn fire sprinkler upgrades $1.0M
2026: Re-appropriate ongoing Bus Barn fire sprinkler upgrades ($1.0M)
Public Works Shops Expansion 18,058 - 18,058 - - 2025: Architectural feasibility and planning for identified phase two expansion opportunities ($18.0K)
Total Facilities 10,014,468 3,711,932 6,302,536 9,783,985 116,589 4,891,203 - 14,791,777
Parking
Parking Structures 2,914,577 1,701,510 1,213,067 1,275,000 1,138,319 (525,000) 1,888,319
Various annual repairs including deck topping replacement, expansion joint repairs, ventilation, HVAC,
plumbing and other structural repairs
2025 includes:
-Placeholder for beautification at Vail Transit Center ($200.0K)
-Re-appropriate funds towards priority structural repairs/rehab as identified in the study ($717.6K);
-Additional funding towards priority structural repairs/rehab as identified in the study ($500.0K)
2026: Re-appropriate funds towards ongoing structural rehabilitation ($1.1M)
Reduce parking structure maintenance budget based on current rehabilitation timeline ($-525.0K)
Lionshead Structure East Stair Snowmelt - - - 150,000 (150,000) - 2026: Design of Lionshead Structure east stair snowmelt ($150.0K)
2026: Defer Lionshead Structure East Stair Snowmelt design to 2027 (-$150.0K)
56
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget 2026
Amended Actuals (Unfavorable)2026 Supplemental Re-Appropriations Reductions Amended Description
Parking Entry System / Equipment 353,214 159,390 193,824 85,000 193,824 278,824
Ongoing Parking Entry System capital repair and maintenance
2025 Parking system replacement costs, including subscription recognized over 5-years ($233.2K);
Ongoing parking replacement equipment purchases for damaged items ($55.0K); Shift parking
maintenance budget from GF for accounting consistency ($50.0K); Parking pass system buildout for
summer passes ($15.0K)
2026: Re-appropriate funds for remaining parking system replacement costs, including
subscription recognized over 5-years ($169.3K); Re-appropriate ongoing replacement of damaged
parking equipment ($24.6K)
Red Sandstone Parking Structure 40,000 - 40,000 50,000 50,000 2026: Placeholder for routine capital maintenance at Red Sandstone Parking Structure ($50.0K)
Total Parking 3,307,791 1,860,899 1,446,892 1,560,000 - 1,332,143 (675,000) 2,217,143
Transportation
Bus Shelters 50,000 1,377 48,623 405,000 48,623 453,623
Annual Bus Shelter Maintenance ($30.0K)
2025: Add solar lighting to existing shelters ($20.0K)
2026: Design and Construction Bus Shelter at Vail Run Stop ($375.0K); Utilize 2025 savings in bus
shelter maintenance towards Vail Run Bus Stop ($48.6K)
Bus Stop Amenities - - - 50,000 50,000 2026: Add bus stop amenities at locations throughout Town without shelters (concrete pads, benches, etc.)
Timber Ridge Transit Stop 1,908,277 - 1,908,277 - 1,908,277 1,908,277
2025: Construction of a transit stop at the new Timber Ridge housing development ($1.9M)
2026: Re-appropriate construction of a transit stop at the new Timber Ridge housing development
($1.9M)
Replace Buses 2,139,050 2,097,656 41,394 - 1,675,000 1,675,000
2025: $2.1M for two electric buses which are still awaiting delivery
2026: Electric bus purchase to support service enhancements ($1.7M); Partially offset by $1.3M
state grant
Hybrid / Electric Bus Battery Replacement - - - 360,000 (160,000) 200,000
2026: Placeholders for scheduled replacement of batteries in Hybrid and Electric buses
2026: Reduce placeholder for bus battery replacement based on warranty schedule and battery life
(-$200.0K)
Bus Camera System - - - 320,000 320,000 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 ($320.0K)
Car Share Program Infrastructure 117,675 - 117,675 - - 2025: Purchase of two vehicles ($100K) for car share program; upgrades to Electric Chargers ($17.7K) for
implementation of Car Share program
Total Transportation 4,215,002 2,099,033 2,115,969 1,135,000 1,675,000 1,956,900 (160,000) 4,606,900
Road and Bridges
Capital Street Maintenance 1,660,000 1,367,220 292,780 1,560,000 (4,500) 1,555,500
Annual Capital Maintenance of Town-maintained streets; 2026 includes:
-Labeling of all Town-owned Storm Drains to indicate drainage to the Creek ($90.0K)
-Surface Sealing ($285.0K)
-Asphalt Mill & Overlay ($450.0K)
-Drainage Improvement ($110.0K)
2026: Reduce storm drain labeling cost (-$4.5K)
Street Light Improvements 515,000 - 515,000 80,000 515,000 595,000
Annual Town-Wide street light replacement ($80.0K); 2025: Re-appropriate funds towards neighborhood
street light replacements ($440.0K)
2026: Re-appropriate funds towards delayed neighborhood street light replacements ($515.0K)
Neighborhood Bridge Repair 408,036 363,090 44,946 500,000 44,946 (375,000) 169,946
2025: Ongoing bridge scour mitigation project at Chamonix Rd ($408.0K)
2026: Kinnikinnick east bridge rehabilitation ($500.0K)
2026: Re-purpose savings in Chamonix Rd bridge scour project towards design for repairs to the
East Kinnikinnick bridge ($44.9K); Defer East Kinnickinick bridge construction to 2027 (-$375.0K)
Seibert Fountain Improvements 27,082 - 27,082 100,000 100,000 2025: Utilize 2024 savings from circulation pump replacement not implemented towards repairs to the drain
lines in the equipment vault to prevent flooding ($27.1K)
Roundabout Lighting Project 488,939 - 488,939 - 488,939 488,939 2025: Lighting project at Town Center ($488.9K);
2026: Re-appropriate funds towards Town Center Roundabout Lighting project (488.9K)
Traffic Counters - - - 250,000 (250,000) - 2026: Roundabout Traffic Counters ($250.0K); Defer roundabout traffic counters to 2027 (-$250.0K)
57
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget 2026
Amended Actuals (Unfavorable)2026 Supplemental Re-Appropriations Reductions Amended Description
Neighborhood Road Reconstruction 1,553,694 759,537 794,157 100,000 794,157 894,157
2025: Meadow Dr culvert lining, Black Gore Dr culver replacements, and Meadow Dr/Meadow Ln drainage
improvements design ($1.6M)
2026: Design of Vail Road/Vail Valley Drive Bike Lanes & Sidewalks ($100.0K)
2026: Re-appropriate funds towards ongoing East Vail improvements and as contingency for
additional projects resulting from Vail Drainage Master Plan ($794.2K)
South Frontage Road Pedestrian Improvements 250,000 47,934 202,066 - 202,066 202,066
2025: Design of pedestrian improvements on the South Frontage Road (paved bike lanes/shoulders,
sidewalk sections) between W LH Circle and E LH Circle, and Donovan to Westhaven ($250.0K)
2026: Re-appropriate design of W LH to E LH Circle pedestrian improvements along the South
Frontage Road ($202.1K)
Vail Village Streetscape/Snowmelt Repair 900,000 234,306 665,694 - - 2025: Vail Village snowmelt repairs with a reduced scope ($900.0K)
Lionshead Streetscape/Snowmelt Replacement (VRA)50,000 - 50,000 - - 2025: Contingency for snowmelt repairs ($50.0K)
Total Road and Bridge 5,852,751 2,772,087 3,080,664 2,590,000 - 2,045,108 (629,500) 4,005,608
Technology
Town-wide camera system 80,000 39,637 40,363 60,000 60,000 Annual maintenance of Town-wide camera system
2025: Utilize 2024 savings in routine camera maintenance towards placeholder for installation of cameras
Audio-Visual capital maintenance 100,000 69,966 30,034 50,000 50,000
Annual maintenance of hardware set to support internal and external meeting spaces ($50.0K)
2025: Update of A/V systems in Council Chambers, Grandview/Library/Community room/Donovan A/V
systems; Replacement cycle every 3-5 years ($100K)
Cybersecurity 140,000 114,984 25,016 172,500 172,500 Annual Investment in cybersecurity, to keeps up with the ongoing changes that are required to maintain a
safe and secure computing environment; Includes annual fees for security programs
Software Licensing 995,135 940,732 54,403 1,280,778 1,280,778 Annual software licensing and support for town wide systems (3% Annual Increase)
2025: UbiPark annual fees - implemented Fall 2024 ($36.0K)
Hardware Purchases 100,000 102,681 (2,681) 100,000 100,000 Workstation replacements (20-25 per year)
Website and e-commerce 75,000 48,373 26,627 70,000 70,000 Annual website maintenance (3% Annual Increase)
Fiber Optics / Cabling Systems in Buildings 769,949 88,562 681,387 75,000 136,438 211,438
Repair, maintain & upgrade cabling/network Infrastructure ($75.0K)
2025: Ongoing design of redundant Fiber Optic paths in the Town ($719.9K)
2026: Re-appropriate funds towards smaller sections of redundant fiber optics in Town ($16.4K)
Network upgrades 140,000 112,578 27,422 150,000 150,000 Computer network systems - replacement cycle every 3-5 years ($150K)
Data Center (Computer Rooms)150,000 68,119 81,881 100,000 100,000 Annual data center maintenance ($150K)
Broadband (THOR)115,000 114,689 311 118,450 118,450 Annual Broadband Expenses (3% Annual Increase)
Business Systems Replacement 1,705,671 1,163,232 542,439 175,000 60,000 542,439 777,439
2025: Placeholder for Human Resources/Enterprise Information System ($120.0K); Employee Housing
Unit compliance software ($35.0K); Re-appropriate funds for ongoing Budget Software Implementation
($18.0K); Strategic Planning Milestone tracking software ($49.9K); Parking data reporting software
($17.3K); $150.0K increase in HR/Enterprise IS system to include replacement of the payroll system;
Increase in HR/Payroll system cost ($1.1M); Com Dev Permitting Software, partially offset by DOLA local
capacity planning grant ($140.2K)
2026: Finance Paperless A/P Software Implementation ($35.0K)
2026: Internal Employee Housing Software Implementation ($40.0K)
2026: Contingency for other Business System Replacements, potentially including expanded cost of
Housing compliance software ($100.0K)
2026: Re-appropriate ongoing Human Resources/Payroll Information System implementation
($439.0K); Re-appropriate funds towards parking system windows 11 upgrade ($30.0K); Re-
appropriate funds towards final budget system implementation costs ($13.4K); Re-appropriate
funds towards Com Dev permitting software ($9.2K); Re-appropriate contingency for system
implementation costs ($60.7K); Shift budget for deed restriction compliance software from General
Fund to be used towards a town-licensed software ($60.0K)
Total Technology 4,370,755 2,863,553 1,507,202 2,351,728 60,000 678,877 - 3,090,605
Public Safety
58
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget 2026
Amended Actuals (Unfavorable)2026 Supplemental Re-Appropriations Reductions Amended Description
Public Safety IT Equipment 75,000 31,251 43,749 100,000 100,000
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 302,594 296,902 5,692 368,908 34,000 (126,000) 276,908
Annual licensing/maintenance costs for Axon Body-Worn Camera Equipment ($102.0K), Flock License
Plate Readers ($15.0K), and Axon Artificial Intelligence ($83.5K)
2025: Purchase of Skydio X10 Drones ($48.4K)
2026: Anti-Vehicle Barriers ($135.0K)
2026: Explosives Detection Canine ($16.5K)
2026: Defer purchase of additional anti-vehicle barriers (-$126.0K); True-up Axon body-worn
camera contract ($22.5K); Outfit existing police vehicle for explosives detection canine ($11.5K)
Fire Safety Equipment 45,000 44,724 276 55,680 55,680
2025: Knox Box System Replacement/Upgrade ($45.0K): Drone Expansion ($16.0K); Extrication
Equipment ($35.0K)
2026: Extrication Equipment ($40.0K); Placeholder for purchase of thermal imaging cameras ($15.7K)
Radio Equipment replacement/expansion 1,020,000 24,698 995,302 - 995,302 995,302 2025: Radios for PW, PD and Fire (approximately every 5 years) ($1.0M);
2026: Re-appropriate ongoing town-wide radio replacement ($995.3K)
Fire Truck Replacement 69,285 19,826 49,459 - - 2025: Enforcer Aerial Ladder Truck Upfitting ($69.3K)
Total Public Safety 1,511,879 417,401 1,094,478 524,588 34,000 995,302 (126,000) 1,427,890
Community and Guest Service
Children's Garden of Learning Capital Maintenance 32,248 - 32,248 - - - 2025: West Side Siding replacement due to warping from weather exposure utilizing 2024 savings in
gutter/heat tape replacement ($32.2K)
Energy Enhancements 192,872 51,028 141,844 - - -
2025: Installation of EV stations to meet increased demand ($130.0K); Utilize 2024 savings in new charger
installations towards upgrading existing Level 2 Wiring and addition of Tesla chargers to Level 3 stations in
Lionshead Parking Structure ($62.9K); Utilize savings in 2025 deferred projects towards Energy
Performance Contract which includes installation of new EV chargers (-$157.0K)
Pedestrian Safety Enhancements 566,213 475,017 91,196 250,000 91,196 341,196
2025: Design of Pedestrian improvements through Main Vail Underpass ($200.0K); Re-appropriate funds
towards RFP Crossing near Safeway to be constructed this year ($366.2K)
2026: Design of Pedestrian Improvements through Main Vail Underpass ($250.0K)
2026: Re-appropriate funds towards Main Vail Underpass improvements ($91.2K)
Bollard Installation Project 389,747 281,523 108,224 150,000 108,224 258,224
2025: Bollard installation project partially offset by MMOF Grant funding ($389.7K)
2026: Design of Future Bollard Installation in Villages
2026: Re-appropriate funds towards ongoing Ford Park Bollard pilot, partially offset by MMOF
Grant funding ($108.2K)
Underground Utility improvements 4,181,558 - 4,181,558 - 4,181,558 4,181,558
2025: Underground HCE from Main Vail to East Vail in conjunction with fiber conduit scheduled to begin in
2025 ($4.2M);
2026:Re-appropraite funds towards ongoing Holy Cross underground utility conversion in East
Vail ($4.2M)
Land Safety Improvements (Rockfall Mitigation)2,040,000 1,116,149 923,852 - 923,852 923,852
2025: Rock fall mitigation on Town-owned land on the northside of Lionsridge Loop near Timber Ridge and
Lionsridge housing sites
2026: Re-appropriate funds towards ongoing rockfall fencing installation on north side of
Lionsridge Loop (section behind Lionsridge housing - ($923.9K)
Guest Services Enhancements/Wayfinding 717,413 29,882 687,531 100,000 687,531 787,531
2025: ongoing replacement of damaged signs (21.9K); Ongoing installation of new signage to guide guests
to available parking ($695.5K)
2026: Placeholder for replacement of worn/outdated wayfinding signage ($100.0K)
2026: Re-appropriate funds towards parking signage enhancements to guide guests to available
parking ($695.5K); Re-appropriate funds towards routine wayfinding signage replacement ($22.0K)
Library Capital Equipment - - - 9,000 9,000 2026: Library Game Table (Offset by Friends of Library Donations) ($9.0K)
59
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget 2026
Amended Actuals (Unfavorable)2026 Supplemental Re-Appropriations Reductions Amended Description
Vehicle Expansion 110,974 95,279 15,695 452,645 452,645
2025: Vehicle for Deputy Chief of Community Risk Reduction position (added in 2024); Upfitting of two PD
take-home expansion vehicles ($46.0K)
2026: Three additional take-home Police Vehicles to meet operational needs ($276.0K)
2026: Two Code Enforcement pickup trucks to allow for ongoing parking enforcement activities during
periods in which Sign Trucks are in use (126.7K)
2026: Pickup Truck for proposed Building Maintenance Specialist Position ($50.0K)
Total Community and Guest Service 8,231,025 2,048,877 6,182,148 961,645 - 5,992,361 - 6,954,006
Total Expenditures 37,503,671 15,773,783 21,729,888 18,906,946 1,885,589 17,891,894 (1,590,500) 37,093,929
Dobson Financing Sources/(Uses)
Transfer Fund Balance from RETT 5,747,149 5,747,149 - - -
2025: Transfer Dobson maintenance budget from RETT 5 year plan; Reduce funds available for transfer
used for repairs completed in 2024 ($15.4K); Increase transfer from RETT for Dobson Arena
Redevelopment ($5.0M)
Transfer from General Fund 8,000,000 - (8,000,000) (5,000,000) 5,000,000 3,000,000 3,000,000
2025: Transfer from General Fund for Dobson Arena Redevelopment
2026: Partial Repayment of Repayment of Dobson Arena loan from General Fund ($5.0M)
2026: Reduce Loan needed from GF from $8.0M to $3.0M fir Dobson Arena redevelopment based
on project cash flow timing; $3.0M Loan will be paid back in 2027
Vail Recreation District Contribution 3,400,000 1,700,000 (1,700,000) - 1,700,000 1,700,000 2025: Contribution from VRD towards Dobson Redevelopment ($3.4M); 2026: Re-appropriate remaining
VRD contribution towards Dobson (paid upon completion - ($1.7M)
Transfer from Vail Reinvestment Authority 15,484,572 15,484,572 - 6,242,691 6,242,691
VRA will reimburse the CPF for Dobson Redev expenditures. Total reimbursement expected by 2030
2025: VRA for Dobson Redevelopment ($15.5M);
2026: Repayment from VRA for Dobson Redevelopment ($6.2M)
Dobson Redevelopment (52,091,906) (18,654,480) 33,437,426 - (33,437,426) (33,437,426) 2025: Dobson redevelopment $52.1M; Total Project Budget $55.4M
2026: Re-appropriate funds towards ongoing Dobson arena redevelopment ($33.4M)
Total Net Dobson Financing Sources/(Uses)(19,460,185) 4,277,241 23,737,426 1,242,691 5,000,000 (28,737,426) - (22,494,735)
Southface Certificates of Participation Source/(Uses)
West Middle Creek COP Proceeds 65,308,920 65,308,920 - - - Recognize revenues and expenditures related to the issuance of
Fiscal Agent (Arbitrage Compliance)- (2,000) (2,000) Arbitrage Compliance required per bond issuance
Unrealized Gain/(Loss)107,229 107,229 -
Interest Earned on COPs 2,726,590 126,559 (2,600,031) - 80,000 80,000 Certificates of Participation for the Southface project, and transfer of
Discount on Bond Proceeds (186,307) (186,307) (0) - - funds to Vail Home Partners for development
Costs of Issuance and Compliance (292,834) (277,255) 15,579 - - Cost of COP issuance
Debt Service Payments (1,821,680) (1,821,679) 1 (3,433,531) (3,433,531) Southface debt payments utilizing reserved fund balance from bond issuance
Transfer to Vail Home Partners (57,225,359) (55,145,241) 2,080,118 - - COP funds transferred to Vail Home Partners for Southface development
Southface COP Sources/(Uses)8,509,330 8,112,227 (397,104) (3,433,531) 78,000 - - (3,355,531) Excess Bond Proceeds are restricted for capitalized debt payments in the fund balance
Other Financing Sources/(Uses)
PW Shops Debt Service Payment (1,158,298) (1,157,048) 1,250 (1,156,490) (1,156,490) PW Shops Debt Service Payment
PW Shops Fiscal Agent Fees (500) (500) -
Transfer to Internal Employee Housing Fund (52,631) - 52,631 (8,500,000) (8,500,000)
2025: Transfer to IEHRF for incomplete remodel projects on new units from 2024, including Buffehr Creek
Unit window replacements ($52.6K)
2026: Transfer to IEHRF for purchase of Timber Ridge Units to be rented to TOV employees ($8.5M)
Transfer to Housing Fund (2,500,000) (2,500,000) - (1,000,000) (1,000,000) Annual appropriation towards community housing projects (Transfer to Housing Fund)
Transfer to W. Middle Creek for start-up Operations - - - - Transfer $5.0M To West Middle Creek for first several years of operations
Transfer to Housing Fund (W. Middle Creek Loan)(5,565,600) (4,525,520) 1,040,080 3,151,660 3,151,660 Loan to HF for W. Middle Creek (Increase total to $10.0M Previously in GF); Decrease loan to Housing
Fund for W. Middle Creek (-$4.5M) reimbursed by bond proceeds
Total Other Financing Sources/(Uses)(9,276,529) (8,183,068) 1,093,461 (7,504,830) - - - (7,504,830)
Revenue Over (Under) Expenditures (32,314,366) 12,389,640 44,704,006 (23,155) 1,805,629 (44,115,214) 587,757 (41,744,983)
Beginning Fund Balance 50,037,289 50,037,289 21,084,588 62,426,930
60
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
CAPITAL PROJECTS FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget 2026
Amended Actuals (Unfavorable)2026 Supplemental Re-Appropriations Reductions Amended Description
Ending Fund Balance 17,722,924 62,426,930 21,061,433 20,681,947
Reserved Fund Balances
Minimum Reserve Requirement (25% of Sales Tax)3,996,000 3,996,000 4,022,000 4,022,000
Dobson- Contribution from RETT 4,277,241 - -
Southface COP Debt Service Reserve 8,478,915 8,065,810 5,045,383 80,000 (413,104) 4,632,279
Southface Operating Reserve 5,000,000 5,000,000 5,000,000 5,000,000
Total Ending Reserved and Restricted Fund Balances 17,474,915 21,339,051 14,067,383 13,654,279
Ending Fund Balance- Available 248,009 41,087,878 6,994,049 7,027,667
61
TOWN OF VAIL PROPOSED 2026 AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget Budget 2026
Amended Actual (Unfavorable)2026 Supplemental Reappropriations Reductions Amended
Revenue
Real Estate Transfer Tax 8,900,000$ 9,767,746$ 867,746$ 7,777,000$ 7,777,000$ 2026: Down 5% from 2025 Forecast
Golf Course Lease 191,285 194,900 3,615 195,111 195,111 Annual lease payment from Vail Recreation District; Rent income funds the "Recreation
Enhancement Account" below; Increase based on CPI
Intergovernmental Revenue 5,426,192 5,081,906 (344,286) 80,000 160,000 341,135 581,135
Lottery proceeds used annual for park projects ($30.0K)
2025: Roll forward remaining ERWSD reimbursement for Dowd Junction stabilization ($205.3K);
2025: Roll forward remaining Bear Education Grant from Colorado Parks and Wildlife ($10.8K);
2025: USFS Grant for Booth Creek Fuels Reduction ($125K);
2025: County Contribution towards East Vail Bighorn Sheep Habitat Conservation ($5.0M)
2025: Eagle County Wildfire Mitigation IGA ($45.0K)
2026: Additional USFS Grant #24PA11021500049-MOD 1 towards additional Booth Creek Fuels
Reduction ($50.0K)
2026: Roll-forward remaining ERWSD reimbursement for Dowd Junction stabilization
($205.3K);
2026: Roll-forward remaining Bear Education Grant from Colorado Parks and Wildlife
($10.8K);
2026: Roll-forward USFS Grant for Booth Creek Fuels Reduction ($125.0K);
2026: Eagle County Wildfire IGA Amendment ($160.0K)
Project Reimbursements 93,325 62,879 (30,446) 100,000 75,000 175,000
2025: Roll forward Middle Creek restoration contribution from Evergreen Redevelopment ($75.0K)
2025: CC4CA Reimbursements towards additional conference costs ($18.4K)
2026: Reimbursement from Betty Ford Alpine Gardens for private donations towards Art Studio
outdoor gathering space ($100.0K)
2026: Roll-forward Middle Creek restoration contribution from Evergreen Redevelopment
($75.0K)
Donations 102,500 71,635 (30,865) 65,000 65,000
2025: Kosloff Foundation and Winmax Foundation Donations towards Winterfest ($10.0K)
2025: Logan Donation towards Art Studio Programming ($70.0K)
2025: WinMax Foundation & Vail International Gallery Donations towards Inaugural Art Studio
Grand Prize ($2.0K)
2025: Open Space donation from Borgen Family ($15.0K)
2026: Logan Donation towards Art Studio Programming ($65.0K)
Recreation Amenity Fees 10,000 2,577 (7,423) 10,000 10,000 $10K annually
Bag Fees 61,400 61,251 (149) 64,400 64,400
2025: Utilize bag fees towards Hard to Recycle events and Zero Hero support ($50K); True-up bag
fee usage to Hard to Recycle and Zero Hero budgets ($8.4K)
2026: Utilize bag fees towards Hard to Recycle events and Zero Hero support ($64.4K)
Earnings on Investments and Other 633,405 885,516 252,111 177,000 177,000 2026: 2.5% return assumed
Total Revenue 15,418,107 16,128,411 710,304 8,468,511 160,000 416,135 - 9,044,646
Expenditures
Management Fee to General Fund (5%)445,000 488,387 (43,387) 388,850 - - - 388,850 5% of RETT Collections - fee remitted to the General Fund for administration
Wildland
Forest Health Management 752,699 539,856 212,843 848,162 848,162
Annual operating expenditures for Wildland department;
2026 includes:
-$675.0K: Personnel
-$5.0K: Miscellaneous Educational Programming (Ongoing)
62
TOWN OF VAIL PROPOSED 2026 AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget Budget 2026
Amended Actual (Unfavorable)2026 Supplemental Reappropriations Reductions Amended
Wildfire Mitigation 420,000 47,125 372,875 300,000 90,000 372,875 762,875
2025: Booth Creek Fuels Implementation, partially offset by USFS grant ($275.0K); Booth Heights
and Booth Creek Trailhead Fuels Reduction ($100.0K); Additional Mitigation related to Eagle
County IGA ($45.0K)
2026: Booth Creek Fuels Implementation, partially offset by USFS grant ($200.0K)
2026: Mitigation work associated with Eagle County Wildfire IGA Amendment ($90.0K)
2026: Re-appropriate ongoing Booth Creek Fuels Implementation ($372.9K)
Wildland Equipment Acquisition - - - - 70,000 70,000 2026: Wildland Pickup Truck funded by Eagle County Wildfire IGA Amendment ($70.0K)
Fire Free Five - Rebate Program 136,135 86,232 49,903 100,000 (17,867) 82,133 Annual Funding for Fire Free Five Community Assistance Program
2026 Budget Reductions (-$17.9K)
Wildland Fire Shelter - - - 17,500 17,500 2026: Wildland Fire Shelter Replacement ($17.5K)
Fire Free Five - TOV Implementation 25,000 - 25,000 - 25,000 25,000
2025: Fire Free Five landscaping around gymnastics center ($25.0K)
2025: Re-appropriate funds for Fire Free Five landscaping around gymnastics center/Ford
Park ($25.0K)
Total Wildland 1,333,834 673,213 660,620 1,265,662 160,000 397,875 (17,867) 1,805,670
Parks
Annual Park and Landscape Maintenance 2,274,742 2,145,285 129,457 2,381,967 1,173 (16,500) 2,366,640
Annual operating expenditures for Parks department (including personnel, supplies, utility, contract
services); 2026 includes:
-$1.3M: Personnel
-$178.5K: Park Restroom/Port-a-let cleaning & emptying
-$45.0K: Placeholder for contract landscape maintenance at Ford Park
-$15.0K: Trail Host Program (Ongoing)
2026 Operational Budget Reductions (-$16.5K); Heavy Equipment Fund charge adjustment
($1.2K)
Park / Playground Capital Maintenance 281,000 228,387 52,613 169,000 (8,000) 161,000
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 ($169.0K)
2025: Ford Park Entry Landscape ($45.0K)
2025: Ford Park Entry landscape improvements near Amp Bridge entry ($40.0K)
2026: Budget Reduction- Annual Capital Maintenance (-$8.0K)
Tree Maintenance 91,000 92,916 (1,916) 95,000 95,000 Annual on going pest control, tree removal and replacements in stream tract, open space, and
park areas
2025: New plantings to replace trees removed in 2024 ($6.0K)
Street Furniture Replacement 107,000 4,893 102,107 200,000 85,000 (15,000) 270,000
Annual Placeholder for Street Furniture Replacements ($35.0K)
Annual Replacement of existing trash/recycle cans with new models ($75.0K) -
2025: Ongoing Village and Lionshead picnic table replacement ($72.0K)
2026: Ongoing Picnic Table and Bench upgrades ($105.0K); Reduce trash & recycle station
replacements (-$15.0K)
2026: Re-appropriate funds towards ongoing furniture order ($85.0K)
Covered Bridge Pocket Park Rehabilitation - - 225,000 225,000 2026: Covered Bridge Pocket Park rehabilitation ($225.0K)
Ford Park- Betty Ford Way Pavers 40,000 18,849 21,151 - 5,000 5,000 2025: Final gravel shoulder grading repair and landscaping ($40.0K)
2026: Re-appropriate funds towards final reseeding ($5.0K)
Ford Park Lower Bench Turf/Irrigation 142,000 58,046 83,955 - 26,954 26,954 2025: Replacement of worn turf grass and inefficient irrigation system ($300.0K); Utilize savings in
lower bench turf project towards Ford Park Vehicle Entryway improvements ($158.0K)
2026: Re-appropriate funds towards final full aeration/top dress ($27.0K)
Ford Park Playground Improvements 125,000 71,636 53,364 - - 2025: Replacement of wood fiber play surface under swings with rubber surfacing for better
durability ($125.0K)
63
TOWN OF VAIL PROPOSED 2026 AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget Budget 2026
Amended Actual (Unfavorable)2026 Supplemental Reappropriations Reductions Amended
Ford Park Master Plan Capital Design 199,909 - 199,909 100,000 199,909 299,909
2025:Funds place held for outcomes of Ford Park Masterplan Update. Projects include a park-
wide ADA compliance Study, site planning for future facilities including a picnic shelter and
expanded maintenance areas, wayfinding, etc. ($199.9K)
2026: Design of outcomes from Ford Park Master Plan ($100.0K)
2026: Re-appropriate funds towards design of outcomes of Ford Park Masterplan Update.
Projects include a park-wide ADA compliance Study, site planning for future facilities
including a picnic shelter and expanded maintenance areas, wayfinding, etc. ($199.9K)
Art Studio Gathering Space at Ford Park - - 225,000 225,000 2026: Creation of gathering space outside of the newly constructed Art Studio ($225.0K) - Partially
offset by $100K of private donations
Ford Park Vehicle Entryway Improvements 118,000 55,300 62,700 - 62,700 62,700
2025: Utilize savings from Ford Park Lower Bench Turf repair towards:
-Parking Lot Gate Equipment Configuration ($32.0K)
-Oversize Vehicle Entrance Paving repair ($45.0K)
-Tennis Center Lot Manual Gate ($38.0K)
-Electronic Loops at West Betty Ford Way gate ($10.0K)
2026: Re-appropriate funds towards ongoing West Betty Ford Way and bus stop gate
installations ($62.7K)
Turf Grass Reduction 100,836 55,880 44,956 95,000 40,000 (95,000) 40,000
p ( )
2026: Phase 1 of Turf Reduction at Ford Park ($95.0K)
2026: Re-appropriate funds towards weed control/reseeding in Main Vail Roundabout
($40.0K)
Donovan Park Improvements 20,000 5,375 14,625 425,000 4,625 429,625
2025: Replacement of play equipment ($20.0K)
2026: Playground Safety Improvements - Replace Decks, worn equipment, etc. ($425.0K)
2026: Re-appropriate fund towards playground safety improvements ($4.6K)
Pirateship Park Improvements 43,862 10,053 33,809 - - 2025:Ongoing improvements including two play components and minor ADA upgrades ($43.9K)
Bighorn Park Playground Improvements 150,000 96,822 53,178 - - 2025: Bighorn Park Play Area Maintenance ($150.0K)
Gore Creek Promenade Rehabilitation 2,118,460 1,076,000 1,042,460 - 1,054,624 1,054,624 2025: Gore Creek Promenade Rehabilitation funds moved forward from 2026 ($2.1M)
2026: Re-appropriate ongoing Gore Creek Promenade refresh ($1.1M)
Slifer Fountain Feature Four Repair 75,000 - 75,000 - - 2025: Incomplete plumbing leak; further investigation needed prior to repair ($75.0K)
Total Parks 5,886,809 3,919,443 1,967,366 3,915,967 1,173 1,478,812 (134,500) 5,261,452
Rec Paths and Trails
Rec. Path Capital Maintenance 85,000 48,273 36,727 85,000 85,000 Annual Capital maintenance of the town's recreation path system ($85.0K)
Recreation Path Safety Improvements 81,662 - 81,662 - 81,662 81,662
2025: Pedestrian Traffic Counters ($50.0K); Next phase of Antlers curve redesign ($31.7K)
2026: Re-appropriate funds towards Pedestrian Traffic Counters (50.0K); Re-appropriate
funds towards next phase of Antlers curve redesign ($31.7K)
Bike Safety 10,000 2,042 7,958 5,000 (1,000) 4,000 Annual cost for bike safety programs ($5.0K); Budget reduction: bike signage (-$1.0K)
Pedestrian Bridge Projects 703,329 22,047 681,282 - 100,000 100,000
2025: Ongoing pedestrian overpass rehabilitation and outcomes of upcoming pedestrian bridge
report ($703.3K)
2026: Re-appropriate funds towards I-70 pedestrian overpass rehab ($100.0K)
Gore Valley Trail Reconstruction 326,224 40,955 285,269 750,000 403,278 1,153,278
2025: Placeholder for Gore Valley Trail Maintenance ($80.0K); Library to Lionshead Nature Walk
Environmental Assessment and Design ($100.0K); Utilize 2024 savings in the recreation path
maintenance budget towards the rebuild of 1250' of the North Recreation Trail between Red
Sandstone Road and the pedestrian overpass ($146.2K)
2026: North Rec Path Reconstruction - Red Sandstone Area ($750.0K)
2026: Re-appropriate North Rec path reconstruction - Red Sandstone Area ($185.3K)
2026: Utilize 2025 savings in recreation path maintenance ($36.7K) and pedestrian bridge
projects ($181.2K) towards Red Sandstone bridge replacement on North Rec Trail (currently
rated in poor condition)
64
TOWN OF VAIL PROPOSED 2026 AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget Budget 2026
Amended Actual (Unfavorable)2026 Supplemental Reappropriations Reductions Amended
East Vail Interchange Improvements 190,543 174,701 15,842 - 15,000 15,000
2025: Repairs due to landscaping and drainage issues, including plantings and parking area
improvements ($190.5K); Additional funds using 2024 savings in Water Quality Infrastructure for
drainage improvements including additional concrete gutters to direct to water quality vaults and
bioswale areas, and the replacement of plantings ($40.0K)
2026: Re-appropriate funds for final reseeding/touchups ($15.0K)
Dowd Junction repairs and improvements 453,794 49,640 404,154 - 164,714 164,714
2025: Restabilization of Dowd Junction retaining wall ($454.0K)
2026: Re-appropriate funds for ongoing restabilization of Dowd Junction retaining wall
($164.7K)
Portalet Enclosures 40,500 - 40,500 - - 2025: Screening in residential-area portalets ($40.5K)
Total Rec Paths and Trails 1,891,052 337,658 1,553,394 840,000 - 764,654 (1,000) 1,603,654
Recreational Facilities
Recreation Master Plan - - - - 85,000 85,000 2025: Recreation Master Plan ($85.0K)
Nature Center Operations 117,437 - 117,437 - - 2025: Nature Center operating costs
Nature Center Capital Maintenance 26,291 14,655 11,636 50,000 11,636 61,636
Placeholder for annual maintenance costs at or near Nature Center ($15.0K)
2025: Signage ($16.6K); Regravel access road ($9.7K)
2026: Additional funds for capital refresh of trails and exterior area ($35.0K)
2026: Re-appropriate funds towards touch-ups in nature center area ($11.6K)
Total Recreational Facilities 143,728 14,655 129,073 50,000 85,000 11,636 - 146,636
Environmental
Environmental Sustainability 910,988 939,635 (28,647) 866,809 15,200 (3,200) 878,809
Annual operating expenditures for Environmental department (including personnel and supplies);
2026 includes:
-$769.5K: Personnel
-$77.0K: Climate Action Collaborative Dues (ongoing)
2026: Operational budget reductions ($3.2K)
2026: Placeholder for RETT departmental business plan development ($15.2K)
Recycling and Waste Reduction Programs 145,050 118,539 26,511 142,800 15,000 (7,400) 150,400
Annual recycling and waste reduction programs; 2026 includes:
-$41.5K: Residential/Commercial Recycling Compost Program/Hauls (Ongoing)
-$7.5K: Recycling Compliance and Education (Ongoing)
-$38.8K: Zero Hero Program Support, offset by Bag Fees (Ongoing)
-$45.0K: One Hard to Recycle Event, offset by Bag Fees (Ongoing)
-$15.0K: Single-Use Plastics education and signage
2026: Operational budget reductions (-$7.4K) - Compost and Recycling Compliance, single-
use plastics education
2026: Re-appropriate compost program initiatives ($15.0K)
Water Refill Station Installation 60,000 - 60,000 - 60,000 60,000
2025: Installation of Water Refill stations - offset by Destination Stewardship funds transferred from
GF ($60.0K);
2026: Re-appropriate installation of Water Refill stations ($60.0K)
65
TOWN OF VAIL PROPOSED 2026 AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget Budget 2026
Amended Actual (Unfavorable)2026 Supplemental Reappropriations Reductions Amended
Ecosystem Health 572,300 164,473 407,827 291,000 397,728 (18,750) 669,978
Annual ecosystem health programs; 2026 includes:
-$18.0K: CC4CA Annual Retreat - Host Community (Ongoing)
-$50.0K: Open Lands Plan - Biodiversity Study Phase 2 Implementation (Ongoing)
-$7.5K: 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)
-$50.0K: Gore Creek Pesticide Campaign (2025-2026)
-$10.5K: Mountain IDEAL recertification ($10.5K)
2026: Operational budget reductions ($18.9K) - Open Lands Plan, Wildlife habitat
improvements, forum, and education
2026: Re-appropriate gore creek pesticide campaign ($42.8K)
2026: Utilize 2025 savings in ecosystem initiatives towards Booth Creek Fuels treatment
($200.0K); Placeholder for wildlife grant match ($100.0K); Open space habitat improvement
and weed control ($50.0K); Colorado Natural Heritage Program ($5.0K)
Energy & Transportation 121,510 81,512 39,998 105,000 6,000 (12,500) 98,500
Annual energy and transportation programs; 2026 includes:
-$40.0K: Energy Smart Colorado Partnership (Ongoing)
-$2.5K: Energy-Related education, outreach, program incentives (Ongoing)
-$32.5K: Sole Power Plus Program (Ongoing)
-$30.0K: Additional Greenhouse Gas Inventory engagement
2026: Re-appropriate sole power plus rollout ($6.0K)
2026: Operational budget reductions (-$12.5K) - Sole power plus, GHG modeling and
inventory
E-Bike Programs 193,000 166,564 26,436 175,000 (2,000) 173,000
Annual E-Bike Programs; 2026 includes:
-$175.0K: Shift E-Bike Share Program (Ongoing)
2026: Operational budget reductions (-$2.0K)
E-Bike Share Infrastructure 14,711 11,034 3,677 - - 2025: Gravel pads and bike racks at redevelopment locations ($14.7K)
Sole Power App 35,000 35,000 - 25,000 25,000
2025: Development of App modifications for the Sole Power Plus App Phase 2 Expansion to
include Transit and Milestones ($25K); Re-appropriate funds towards original app development
($8.0K); Additional development funds to connect app to Town's Cloud service ($2.0K)
2026: Development of App modifications for the Sole Power Plus App Phase 3 Expansion to
include in-app incentives ($25.0K)
Streamtract Education/Mitigation 75,000 39,551 35,449 75,000 35,449 (3,000) 107,449
Annual streamtract education programming; 2026 includes:
-$30.0K: General education programming (Ongoing)
-$45.0K: Continuation of Restore the Gore Campaign Relaunch/rebrand
2026: Operational budget reductions ($-3.0K); Re-appropriate Restore the Gore Campaign
Relaunch ($35.5K)
Water Quality Infrastructure - - - 450,000 450,000 2026: Installation of 270 Gutter Bins (pollution catchment devices) on additional 25% of Town
storm drains ($450.0K)
Water Quality Initiatives 121,729 121,718 11 45,000 45,000 Annual monitoring of Gore Creek Macroinvertebrates - previously conducted by ERWSD ($45.0K)
Streambank Mitigation 140,000 100,750 39,250 150,000 20,000 170,000
2025: Streambank Mitigation at Ford Park in conjunction with in-stream improvements by Trout
Unlimited ($100.0K); Streambank Mitigation along Mill Creek ($40.0K)
2026: Placeholder for Grant Match for streambank mitigation at Vail Golf Club Hole 11, an
outcome of the Vail Golf Club Vegetation Master Plan ($150.0K)
2026: Re-appropriate funds as contingency for streambank work ($20.0K)
66
TOWN OF VAIL PROPOSED 2026 AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget Budget 2026
Amended Actual (Unfavorable)2026 Supplemental Reappropriations Reductions Amended
Middle Creek Restoration Fund 75,000 82 74,918 - 74,918 74,918
2025: Restoration of Middle Creek on TOV property in relation to the Evergreen redevelopment
project. This will be reimbursed by the developer ($75.0K);
2026: Re-appropriate funds towards the restoration of Middle Creek on TOV property in
relation to the Evergreen redevelopment project. This will be reimbursed by the developer
($74.9K)
Private Streambank Mitigation Program 50,000 17,686 32,314 - - 2025: Private Streambank Mitigation Program; 2025: Re-appropriate funds towards continuation of
private streambank mitigation ($50.0K)
Booth Heights Open Space Conservation 93,500 76,030 17,471 - - 2025: Costs to establish Booth Heights conservation easement ($84.8K)
Energy Efficiency Performance Contract 105,158 104,630 528 - - 2025: Energy Audit ($105.2K)
Total Environmental 2,712,946 1,977,203 735,743 2,325,609 15,200 609,095 (46,850) 2,903,054
Art
Public Art - Operating 196,599 172,761 23,838 205,811 (3,093) 202,718
Annual operating expenditures for Art in Public Places department; 2026 includes:
-$187.6K: Personnel
-$25.0K: miscellaneous Programs & Events (Ongoing)
2026 Operational Budget Reductions (-$3.1K)
Public Art Installations 60,000 22,011 37,990 35,000 37,990 72,990 Annual cost of installation and landscaping/beautification costs for new/donated Art
2026: Re-appropriate funds towards ongoing art installation costs ($38.0K)
Public Art - General program / art 170,567 80,000 90,567 60,000 90,567 150,567
Annual appropriation of funds to purchase sculptures, artwork, and conduct art programs/events;
remainder is re-appropriated each year to accumulate towards larger purchases ($60.0K)
2025: Re-appropriate unspent funds ($110.6K)
2025: Re-appropriate unspent funds ($90.6K)
Public Art - Winterfest 83,967 33,523 50,444 30,000 50,444 80,444
Annual Winterfest budget ($30.0K)
2025: Increase Winterfest budget utilizing Kosloff Foundation and Winmax Foundation donations
($10.0K); Re-appropriate funds for Winterfest program ($44.0K)
2026: Re-appropriate funds for Winterfest programming ($50.4K)
Seibert Memorial Statue- Maintenance 11,192 - 11,192 - 11,192 11,192 2025: Donated funds towards upkeep of sculpture ($11.7K)
2026: Re-appropriate donated funds towards upkeep of sculpture ($11.7K)
Art Space 1,055,232 1,033,609 21,623 - 21,623 21,623
2025: Construction of Art Space Studio in Ford Park anticipated to be completed in Summer of
2025 ($963.4K); Additional request for funding to connect Art Space Studio HVAC to existing
Geothermal Test Well, offset by budget reduction in CPF Geothermal Project ($51.8K); Additional
funds from Ford Park Lower Bench turf repair savings ($40.0K)
2026: Re-appropriate funds towards final electric feed costs ($21.6K)
Art Studio - Programming & Operations 143,500 32,418 111,082 147,384 (5,000) 142,384
Operating costs for artist in residency program utilizing the new Art Space
2025: Increase Art Studio programming budget for Logan, WinMax Foundation, and Vail
International Gallery Donations ($72.0K)
2026: Increase Art Studio Programming budget for Logan donation ($65.0K)
2026 Operational Budget Reductions (-$5.0K)
Artist In Residency - Capital Art Acquisitions 57,500 - 57,500 37,500 37,500 Capital art acquisition costs associated with artist in residency program
2025: Re-appropriate unspent funds towards 2025 program ($20.0K)
Total Art 1,778,557 1,374,320 404,237 515,695 - 211,816 (8,093) 719,418
Community
Council Contribution: Betty Ford Alpine Garden Support 80,779 80,779 - 80,779 80,779 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 38,000 4,000 42,000 42,000 Annual support of the Eagle River Watershed Council programs
Council Contribution: Trail Alliance 22,500 22,500 - 52,500 52,500 Adopt A Trail Council Contribution for trails in or bordering the Town
Total Contributions 145,279 141,279 4,000 175,279 - - - 175,279
VRD-Managed Facilities & Maintenance
67
TOWN OF VAIL PROPOSED 2026 AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget Budget 2026
Amended Actual (Unfavorable)2026 Supplemental Reappropriations Reductions Amended
Recreation Enhancement Account 746,740 - 746,740 195,111 746,740 941,851
Annual rent paid by Vail Recreation District; to be re-invested in asset maintenance
2025: Roll forward unspent Enhancement Funds ($539.3K); Increase for $16.1K paid above
budget in 2024; Increase for $14.3K based on 2025 CPI true-up
2026: Roll forward unspent Enhancement Funds ($746.8K)
Recreation Facility Maintenance 22,000 - 22,000 22,000 22,000 Annual RETT facility maintenance ($22.0K)
Synthetic Turf Replacement 472,000 - 472,000 - 450,000 450,000 2025: Synthetic turf replacement ($472.0K); 2026: Re-appropriate funds towards synthetic turf
replacement ($450.0K)
Golf Clubhouse 123,287 23,626 99,661 291,418 99,661 391,079
2025: Circulation Pump Replacement ($98.0K); Clubhouse parking lot mill & overlay ($23.9K);
Clubhouse Signage ($9.4K)
2026: Clubhouse parking lot mill & overlay ($23.9K); Stucco/Stone ($37.3K); Wood Trim ($26.8K);
Golf Clubhouse Asphalt Parking Areas (Split 50/50) ($0.5K): Clubhouse Circulation Pumps
($2.9K); Mitigation of ongoing water infiltration from exterior stairs/sidewalk
($200.0K)
2026: Re-appropriate funds towards ongoing Golf Clubhouse maintenance ($99.7K)
Athletic Field Restroom/Storage Building 1,000,000 210,528 789,472 - 789,472 789,472
2025: $1.0M for the replacement of existing restroom/concession with new 2000 sq. ft.
restroom/storage building
2026: Re-appropriate ongoing replacement of existing restroom/concession with new 2000
sq. ft. restroom/storage building ($789.5K)
Golf Course - Other 433,523 13,491 420,032 18,512 20,032 38,544
2025: Maintenance building asphalt driving and parking area ($4.0K); Re-appropriate funds
towards ongoing routine projects with VRD including Streambank Restoration ($432.1K)
2026: Maintenance building exterior doors ($3.5K); Wedding Island Bridge ($15.0K)
2026: Re-appropriate ongoing golf course maintenance projects ($20.0K)
Dobson Ice Arena 2,500 2,045 455 - - Final Dobson operational maintenance prior to remodel
Ford Park / Tennis Center Improvements 205,020 86,607 118,413 376,148 167,990 544,138
2025: Wood siding and windows ($54.2K); Re-appropriate funds towards Tennis Center
Improvements ($150.9K)
2026: Rebuild of tennis courts, retaining walls, and court fencing ($350.6K); Concession /
Restroom Exterior Siding ($19.5K); Sports Center Painting ($6.0K)
2026: Re-appropriate funds towards Tennis Center improvements ($168.0K)
Athletic Fields 173,809 5,819 167,990 2,980 2,980 2025: Asphalt parking lot ($99.3K); Re-appropriate funds towards ongoing improvements ($74.5K)
2026: Asphalt parking lot repairs ($3.0K)
Gymnastics Center 364,921 337,320 27,601 - 82,234 82,234
2025: Replace Airconditioning Unit
2026: Re-appropriate ongoing Gymnastics Center HVAC upgrade ($27.6K); Utilize 2025
savings from Tennis Center project towards Gymnastics Center HVAC upgrade ($54.6K)
Total VRD-Managed Facilities & Maintenance 3,543,800 679,435 2,864,365 906,169 - 2,356,129 - 3,262,298
Total Expenditures 17,881,005 9,605,594 8,275,411 10,383,231 261,373 5,830,017 (208,310) 16,266,311
Other Financing Sources (Uses)
Transfer from General Fund - Destination Stewardship 70,010 70,010 - - -
2025: Transfer from General Fund for Implementation Steps of Destination Stewards Management
Plan: Greenhouse Gas Inventory and Modeling ($10.0K)
2025:Transfer from General Fund Destination Stewardship budget for installation of water refill
stations ($60.0K)
Transfer from/(to) CPF (5,747,149) (5,747,149) - - - -
2025: Transfer to Capital Projects Fund for Dobson Arena (utilizing savings in annual Dobson
maintenance); Reduce transfer based on funds spent in 2024 ($15.4K); Increase transfer to
Capital Projects Fund towards Dobson Arena ($5.0M)
Revenue Over (Under) Expenditures (8,140,037) 845,678 8,985,715 (1,914,720) (101,373) (5,413,882) 208,310 (7,221,665)
68
TOWN OF VAIL PROPOSED 2026 AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
REAL ESTATE TRANSFER TAX FUND
Changes since First Reading
Variance Proposed
2025 2025 Favorable /1st Budget Budget 2026
Amended Actual (Unfavorable)2026 Supplemental Reappropriations Reductions Amended
Beginning Fund Balance 15,184,790 15,184,790 8,218,744 16,030,468
Ending Fund Balance 7,044,753$ 16,030,468$ 6,304,025$ 8,808,803$
Minimum Reserve Requirement 2,000,000$ 2,000,000$ 2,000,000$ 2,000,000$
Above Minimum (Available Fund Balance)5,044,753$ 14,030,468$ 4,304,025$ 6,808,803$
69
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
HOUSING FUND
Variance Proposed
2025 2025 Favorable /1st Budget 2026
Amended Actuals (Unfavorable)2026 Supplemental Reappropriations Reductions Amended
Revenue
Housing Sales Tax 5,201,534$ 5,266,534$ 65,000$ 5,141,000$ (306,160)$ 4,834,840$ 2026: Flat, with adjustments for anticipate redevelopment impacts
Housing Fee in Lieu Annual Collections 10,783 10,783 (0) - -
Transfer in from Capital Projects Fund - Community Housing 2,500,000 2,500,000 - 1,000,000 1,000,000 2026: Annual Transfer from Capital Projects Fund for InDeed Program ($1.0M)
Workforce Housing Sales 950,000 528,405 (421,595) - 421,595 421,595
2025: Roll forward resale revenue for Pitkin Creek #3B ($625.0K); Estimated Resale Revenue for
Pitkin Creek #7N ($480.0K); Reduced sales price on Pitkin Creek #3B (-$125.0K); Reduced sales
price on Pitkin Creek #7N (-$30.0K)
Housing Late Fees 12,300 12,300 - - -
Government Reimbursements- Vail Home Partners 4,482,846 4,466,846 (16,000) - - 2025: Repayment of predevelopment costs from Vail Home Partners for West Middle Creek bond
proceeds ($4.5M)
Deed Restriction Buyouts 865,400 865,400 - - - 2025: Deed Restriction buyout at 363 Beaver Dam Circle ($275.4K); Deed restriction buyout at 315
Mill Creek Cir ($410.0K); Deed restriction buyout at 2349 Chamonix Lane ($180.0K)
EHU Credit Program (Timber Ridge)434,707 434,707 (0) - 450,000 450,000 2025: Collections for EHU Credit program at Timber Ridge ($434.7K)
Earnings on Investments 330,000 477,914 147,914 25,000 25,000 2026: 2.5% return; 2027-2030: 2% return assumed
Total Revenue 14,787,570 14,562,889 (224,681) 6,166,000 450,000 421,595 (306,160) 6,731,435
Expenditures
Management Fee to General Fund (5%)260,077 263,327 (3,250) 257,050 (15,308) 241,742 5% Housing Sales Tax Administrative fee
Housing Programs
InDeed Program 4,135,645 160,000 3,975,645 1,000,000 (3,000,000) 3,975,645 1,975,645 Utilizing $3.0M towards Timber Ridge Community Units instead of Transfer from GF
Buy Down Housing 161,687 - 161,687 - 161,687 161,687 2025: Re-appropriate utilization of housing fee in lieu towards Buy Down housing
Timber Ridge Unit Purchases - - - 13,949,948 (8,123,099) 5,826,849 Community units will be funded $3.0M from InDeed; $2.0M from Buydown and $826.8K from fund
balance; $8.1M to be instead allocated as employee units and employee buydown
Future Purchases 3,224,600 - 3,224,600 - (2,000,000) 3,224,600 1,224,600 Utilizing $2.0M towards Timber Ridge Community Units instead of Transfer from GF
Pitkin Creek Unit #3B 500 494 6 - -
Pitkin Creek Unit #7N 549,900 549,887 13 - - Purchase of Pitkin Creek #7N for resale ($547.4K)
Construction Housing Projects
Timber Ridge Habitat Contribution 2,000,000 - 2,000,000 3,000,000 2,000,000 5,000,000
2025: $2.0M contribution to Habitat for Humanity for TR units
2026: $3.0M contribution to Habitat for Humanity for TR units (included in Town's original $25.5M
commitment)
Southface Development Predevelopment 1,218,694 1,216,839 1,855 - - 2025: Re-appropriate West Middle Creek predevelopment costs ($808.5K)
Southface Development Legal Fee Contingency 50,000 41,566 8,434 - - 2025: Re-appropriate placeholder for West Middle Creek legal costs ($50.0K)
East Vail Parcel Predevelopment 650,000 30,512 619,488 - 619,488 619,488 2025: Re-appropriate placeholder for West Middle Creek legal costs ($400.0K)
Residences at Main Vail Opportunity Fee 50,000 - 50,000 - 50,000 50,000 2025: Re-appropriation of remaining RMV opportunity fee
Land Purchases for Future Housing
CDOT Parcel Acquisition Placeholder - East Vail 2,416,502 2,416,145 357 - - 2025: Re-appropriate purchase of CDOT East Vail parcel ($2.4M); Re-appropriate additional funds
needed for East Vail CDOT parcel ($18.0K)
East Vail Carnie Parcel 17,900 17,851 49 - - 2025: Re-appropriate purchase of 1' wide parcel ($17.9K)
Eagle-Vail Parcel Placeholder 50,000 - 50,000 - 50,000 50,000
Total Expenditures 14,785,505 4,696,621 10,088,884 18,206,998 (13,123,099) 10,081,420 (15,308) 15,150,011
Operating Income 2,065 9,866,268 9,864,203 (12,040,998) 13,573,099 (9,659,825) (290,852) (8,418,576)
Other Finance Sources (Uses)
Loan from/(repayment to) GF for TR units 2026: Additional funds needed as loan from GF to purchase $25.5M TR units
Transfer to Vail Home Partners for W. Middle Creek
Transfer to Vail Home Partners- WMC Contribution (10,000,000) (10,000,000) - - - - 2025: $10.0M placeholder for W. Middle Creek housing projects
Transfer from CPF for Southface Contribution (Loan)5,565,600 4,525,520 1,040,080 (3,151,660) (3,151,660) 2025: Loan from Capital Projects Fund for Southface contribution ($5.5M)
2026-2027: Payback of Loan from Capital Projects Fund for Southface contribution
70
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
HOUSING FUND
Variance Proposed
2025 2025 Favorable /1st Budget 2026
Amended Actuals (Unfavorable)2026 Supplemental Reappropriations Reductions Amended
Transfer from GF to purchase community TR units - - - 13,773,099 (13,773,099) - 2026: Loan from General Fund for Timber Ridge Unit purchases ($13.8M)
2027-2029: Repayment of loan from General Fund for Timber Ridge Unit purchases
Transfer from/(to) Timber Ridge- Timber Ridge Sales (10,541,295) (8,656,702) (1,884,593) - - 2025: Transfer to/Frm TR for TR constrcution contribution paid back by TR sales
Transfer from/(to) Timber Ridge- CDOT Land Acquisition - - - - 2027: Repayment of CDOT Land Acquisition cost with proceeds from Timber Ridge sales
Transfer to Residences at Main Vail
Total Other Finance Sources (Uses)(14,975,695) (14,131,182) 844,513 10,621,439 (13,773,099) - - (3,151,660)
Surplus (Deficit) Net of Transfers and One-Time Items (14,973,630) (4,264,914) 10,708,716 (1,419,559) (200,000) (9,659,825) (290,852) (11,570,236)
Beginning Fund Balance 16,420,512 16,420,512 1,425,852 12,155,598
Ending Fund Balance 1,446,882$ 12,155,598$ 6,293$ 585,361$
71
Changes since first reading
Variance
2025 2025 Favorable /1st 2026
Amended Actuals (Unfavorable)2026 Supplemental Amended
Revenue
Rental Revenue 1,255,770 1,247,683 8,087 1,289,998 1,289,998
Timber Ridge Rental Revenue - - 277,830 277,830
Other Earnings and Investments - 12,707 12,707 1,500 1,500
Total Revenue 1,255,770 1,260,390 20,794 1,569,328 - 1,569,328
Expenditures
General Fund Administrative Fee 374,918 374,305 613 386,999 386,999
Operational Costs 433,643 395,882 37,761 616,952 616,952
Operational Maintenance 212,750 168,164 44,586 207,750 207,750
Unit Masterleases 61,200 61,500 (300) 64,260 64,260
Total Expenditures 1,082,511 999,851 82,660 1,275,961 - 1,275,961
Surplus (Deficit) from Operations 173,259 260,540 87,281 293,367 - 293,367
Capital Funding Sources/(Uses)
Purchase of Employee Rental Units/Employee BuyDown - - (8,500,000) (8,123,099) (16,623,099) Purchase of additional Timber Ridge Units
($8.1M)
Purchase of Employee Rental Units/Employee BuyDown Parking - - - - (235,000) (235,000) Purchase of parking spots for units at Timber
Ridge ($235.0K)
Capital Maintenance of Units (202,631) (96,261) 106,370 (100,000) (100,000)
Transfer from General Fund 8,123,099 8,123,099 Transfer from GF for purchase of additional
Timber Ridge Units ($8.1M)
Transfer from/(to) Capital Projects Fund 52,631 - 52,631 8,500,000 8,500,000 Transfer from CPF for purchase of Timber
Ridge Units ($8.5M)
Net Capital Funding Sources/(Uses)(150,000) (96,261) 53,739 (100,000) (235,000) (335,000)
Surplus (Deficit) Net of Capital Items 23,259 164,279 141,020 193,367 (235,000) (41,633)
Beginning Fund Balance - - 164,279 164,279
Ending Fund Balance 23,259$ 164,279$ 357,646$ 122,646$
TOWN OF VAIL 2026 PROPOSED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
INTERNAL EMPLOYEE HOUSING RENTAL FUND
72
Variance Proposed
2025 2025 Favorable /1st 2026
Amended Actuals (Unfavorable)2026 Supplemental Amended
Revenue
E911 Board Revenue 1,246,961$ 1,246,961$ -$ 1,687,805$ 1,687,805$
Interagency Charges 1,982,148 1,982,148 - 2,158,752 2,158,752
Town of Vail Interagency Charge 827,330 827,331 - 936,217 936,217
Earnings on Investments and Other 54,000 142,020 88,020 43,000 43,000
E911 Board Capital Grant - - - - 766,226 766,226
911 Authority Reimbursement for AXS Radio Console Upgrade
($766.2K)
Total Revenue 4,110,439 4,198,460 88,020 4,825,774 766,226 5,592,000
Expenditures
Salaries & Benefits 3,354,993 3,351,380 3,613 4,036,526 4,036,526
Operating, Maintenance & Contracts 722,869 663,503 59,366 687,072 23,642 710,714 Roll-forward ongoing Dispatch Center Assessment ($23.4K); Heavy
Equipment Charge adjustment ($0.3K)
Capital Outlay 853,610 6,161 847,449 1,679,675 1,679,675
2025: RMS Replacement ($750.0K); Mobile Responder Command and
Control Tool ($97.1K); Increased scope of Command and Control Tool
($6.5K)
2026: AXS Radio Console Upgrade (Funded by 911 Authority
Reimbursement - $781.1K)
2026: Re-appropriate ongoing RMS Replacement ($750.0K) and Mobile
Responder tool ($97.5K)
2026: Artifical Intelligence non-emergency call taking software
($51.0K)
Total Expenditures 4,931,472 4,021,044 910,428 4,723,598 1,703,317 6,426,915
Revenue Over (Under) Expenditures (821,033) 177,416 998,449 102,176 (937,091) (834,915)
Other Financing Sources (Uses)
Transfer from General Fund -
Total Financing Sources (Uses)-
Surplus Net of Transfers & New Programs
Change in Net Position (821,033) 177,416 998,449 102,176 (937,091) (834,915)
Beginning Fund Balance 2,977,684 2,977,684 3,155,100 3,155,100
Ending Fund Balance 2,156,651$ 3,155,100$ 3,257,275$ 2,320,184$
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCE
DISPATCH SERVICES FUND
73
Variance
2025 2025 Favorable /1st Budget Amended
Amended Actuals (Unfavorable)2026 Supplemental Reductions 2026 Notes
Revenue
Town of Vail Interagency Charge 5,070,275$ 4,844,076$ 226,199$ 5,604,736$ 370,867$ (196,462)$ 5,779,141$ Operational Charges for SB-
230 ($370.9K)
Intergovernmental Revenues - 22,111 22,111 - -
Federal Grants 19,680 19,680 - -
Earnings on Investments 7,000 91,394 84,394 60,000 60,000
Equipment Sales and Trade-ins 317,070 245,394 (71,676) 244,730 244,730
Transfer from General Fund
- - -
- 54,989 54,989
Transfer of confiscations
funds for upfitting for PD
replacement vehicles for
Chain Law/Vail Pass
enforcement ($55.0K)
Total Revenue 5,394,345 5,222,655 280,708 5,909,466 425,856 (196,462) 6,138,860
Expenditures
Salaries & Benefits 1,578,058 1,470,222 107,836 1,677,364 81,900 1,759,264 Personnel costs for fleet
mechanic - SB-230 ($81.9K)
Operating, Maintenance & Contracts 2,442,512 2,075,451 367,061 2,672,949 252,239 (164,462) 2,760,726 Operational costs related to
SB-230 ($252.2K)
Capital Outlay 2,961,415 2,051,041 910,373 1,428,500 878,989 (32,000) 2,275,489
Re-appropriate ongoing
vehicle replacements
($824.0K); Enhanced
upfitting for PD replacement
vehicles for Chain Law/Vail
Pass enforcement ($55.0K)
Total Expenditures 6,981,985 5,596,715 1,385,270 5,778,813 1,213,128 (196,462) 6,795,479
Revenue Over (Under) Expenditures (1,587,640) (374,060) 130,653 (787,272) 0 (656,619)
Beginning Fund Balance 3,976,045 3,976,045 2,388,405 3,601,985
Ending Fund Balance 2,388,405$ 3,601,985$ 2,519,058$ 2,945,366$
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
HEAVY EQUIPMENT FUND
74
2025 Variance
Amended 2025 Favorable /2026 1st 2026
Budget Actuals (Unfavorable)Budget Supplemental Amended
Revenue
Town of Vail Interagency Charge - Premiums 4,471,094$ 4,410,507$ (60,587)$ 4,877,460$ 135,350$ 5,012,810$
Employee Contributions 943,859 859,307 (84,552) 975,000 27,056 1,002,056$
Insurer Proceeds 2,649,626 2,451,190 (198,436) 405,000 11,100 416,100$
Earnings on Investments 109,130 232,150 123,020 100,000 100,000$
Total Revenue 8,173,709 7,953,154 (220,555) 6,357,460 173,506 6,530,966
Expenditures
Health Insurance Premiums 1,097,365 1,202,699 (105,334) 1,246,936 1,246,936$
Claims Paid 7,738,852 7,287,464 451,388 5,573,002 169,205 5,742,207$
Wellness Bonus 112,674 59,340 53,334 90,000 90,000$
Professional Fees 42,000 127,110 (85,110) 155,000 4,301 159,301$
Total Expenditures 8,990,891 8,676,613 314,278 7,064,938 173,506 7,238,444
Revenue Over (Under) Expenditures (817,182) (723,459) (534,832) (707,478) - (707,478)
Beginning Fund Balance 5,257,066 5,257,066 4,439,884 4,533,607
Ending Fund Balance 4,439,884$ 4,533,607$ 3,732,406$ -$ 3,826,129$
TOWN OF VAIL 2026 PROPOSED AMENDED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
HEALTH INSURANCE FUND
75
Variance Proposed
2025 2025 Favorable /1st 2026
Amended Actuals (Unfavorable)2026 Supplemental Amended
Revenue
Rental Income 1,780,694$ 1,807,398$ 26,704$ 1,861,968$ 1,861,968$
Other Income 284,236 233,074 (51,162) 325,873 18,959 344,832
Federal Incentive for RMV Clean
Energy components ($19.0K)
Investment Earnings 500 3,792 3,292 500 500
Total Revenue 2,065,430 2,044,264 (21,166) 2,188,341 18,959 2,207,300
Expenses
Operating, Maintenance & Contracts 776,383 712,622 63,761 790,143 790,143
Capital Outlay- RMV Construction 27,918 - 27,918 - -
Total Expenditures 804,301 712,622 91,679 790,143 - 790,143
Revenue Over Expenses 1,261,129 1,331,643 70,514 1,398,198 18,959 1,417,157
Other Financing Sources (Uses)
Fiscal Agent fees (3,000) (1,750) 1,250 (3,000) (3,000)
Principal Repayment (450,000) (450,000) - (470,000) (470,000)
Interest Expense (828,753) (664,213) 164,540 (746,821) (746,821)
Total Other Financing Sources (Uses)(1,281,753) (1,115,963) 165,790 (1,219,821) - (1,219,821)
Change in Net Position (20,624) 215,679 236,303 178,377 18,959 197,336
Beginning Fund Balance 674,701 674,701 654,077 890,380
Ending Fund Balance 654,077$ 890,380$ 832,454$ 18,959$ 1,087,716$
TOWN OF VAIL 2026 PROPOSED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
RESIDENCES AT MAIN VAIL
76
Changes since First Reading
Proposed
2025 2025 Under/1st 2026
Amended Actuals (Over)2026 Supplemental Amended
Revenue
Rental Income -$ -$ -$ -$
Other Income - - - -
Total Revenue - - -
Expenditures
Operating, Maintenance & Contracts - - - -
Contingency - - - -
Total Expenditures - - - - -
Operating Income - - - - -
Non-operating Revenues (Expenses)
Interest on Investments - 9,873 9,873 -
Loan Principal Repayment to Capital Projects Fund (407,530) (407,530) - (3,488,184) (3,488,184)
Interest Payment to Capital Projects Fund (55,379) (55,379) - -
Total Non-operating Revenues (Expenses)(462,909) (453,036) 9,873 (3,488,184) - (3,488,184)
Surplus (Deficit) from Operations (462,909) (453,036) 9,873 (3,488,184) - (3,488,184)
Timber Ridge Redevelopment
Reimbursement to TOV(Assumes 60% Sales)- - 22,696,647 (18,000,000) 4,696,647
Timber Ridge Redevelopment TOV Comittment (10,750,067) (8,646,390) 2,103,677 - -
Redevelopment Legal Fee Contingency (20,461) (14,913) 5,549 - (100,000) (100,000)
Transfer from Housing Fund- TR Development 10,541,295 8,656,702 1,884,593 - -
Transfer from General Fund- TR Development 229,233 - 229,233 (20,344,829) 17,980,633 (2,364,196)
Total TR Redevelopment Contribution - (4,600) 4,223,052 2,351,818 (119,367) 2,232,451
Revenue Over (Under) Expenditures (462,909) (457,636) (1,136,366) (119,367) (1,255,733)
Beginning Fund Balance 1,713,355 1,713,355 1,250,446 1,255,720
Ending Fund Balance 1,250,446$ 1,255,720$ 114,100$ -$
TOWN OF VAIL 2026 PROPOSED BUDGET
SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE
TIMBER RIDGE FUND
77
Ordinance No. 4, Series of 2026
ORDINANCE NO. 4
SERIES OF 2026
AN ORDINANCE MAKING BUDGET ADJUSTMENTS TO THE TOWN OF VAIL GENERAL
FUND, CAPITAL PROJECTS FUND, REAL ESTATE TRANSFER TAX FUND, HOUSING
FUND, HEAVY EQUIPMENT FUND, INTERNAL EMPLOYEE HOUSING RENTAL FUND,
TIMBER RIDGE FUND, HEALTH INSURANCE FUND, AND DISPATCH SERVICES FUND OF
THE 2026 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 2026 which could not have
been reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No.
24, Series of 2025, adopting the 2026 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:
1. 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 2026 Budget and Financial Plan for
the Town of Vail, Colorado, and authorizes the following budget adjustments:
General Fund $ (1,368,886)
Capital Projects Fund 46,626,409
Real Estate Transfer Tax Fund 5,883,080
Housing Fund (3,056,987)
Heavy Equipment Fund 1,016,666
Internal Employee Housing Rental Fund 8,358,099
Timber Ridge Fund (17,880,633)
Health Insurance Fund 173,506
Dispatch Services Fund 1,703,317
Interfund Transfers 25,281,197
Total $ 66,735,768
78
Ordinance No. 4, Series of 2026
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.
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 7th day of April 2026, and a public hearing shall be held on this Ordinance on
the 21st day of April, 2026, at the regular meeting of the Town Council of the Town of Vail, Colorado,
in the Municipal Building of the town.
_______________________________
Barry Davis, Mayor
ATTEST:
___________________________
Stephanie Kauffman, Town Clerk
79
Ordinance No. 4, Series of 2026
READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED IN FULL this
21st day of April 2026.
_____________________________
Barry Davis, Mayor
ATTEST:
________________________________
Stephanie Kauffman, Town Clerk
80
2026 1st SUPPLEMENTAL BUDGET APPROPRIATION
2nd READING
FINANCE | April 21, 2026
81
2026 SUPPLEMENTAL BUDGET | Revenues
Town of Vail | Finance
Revenues: Net Decrease of $15,669,832
Revenue Increases
($12.2M)
Revenue Decreases
($27.9M)
Revenue
Forecast
Adjustments,
$5.5M, 20%
Timber Ridge Proceeds
Adjustment, $18.0M, 64%
Timber Ridge
Land
Reimbursement
(Deferral based on
unit sales), $4.4M,
16%
Revenue
Forecast
Adjustments,
$1.1M, 9%
Revenue
Rollforwards
from 2025,
$5.5M, 45%
Revenue
Reimbursements
for New
Expenditures,
$3.7M, 30%
Revenue
Reimbursements for
Existing Budgeted
Expenditures, $1.9M,
16%
82
3
2026 SUPPLEMENTAL BUDGET | Revenues
Town of Vail | Finance
Significant Changes Since First Reading: Revenue
•In line with the Town’s conservative budgeting approach,
staff has reduced the budgeted reimbursement for the
Timber Ridge project from unit sale proceeds by $18.0M,
decreasing it from $22.7M to $4.7M. This adjustment
better reflects funds currently available for spending.
•Staff will update revenues in future supplementals as
proceeds from the development are received.
83
4
2026 SUPPLEMENTAL BUDGET | Revenues
Town of Vail | Finance
Revenue Source Fund
2025 Increase /
(Decrease)
Total
Proposed
Amended
Budget
General Sales Tax GF/CPF $(2,638,797)$39,699,003
Housing Sales Tax HF $(306,160)$4,834,841
Ski Lift Tax GF $(909,625)$6,039,641
Parking Revenues GF $(1,542,639)$8,965,340
Clean Transit Enterprise Grant for EV Bus CPF $1,254,076 $1,254,076
SB-230 Operational Transit Grant GF $938,499 $938,499
Major Revenue Adjustments Include:
Please see the included Memo for detailed information on
revenue adjustments
84
2026 SUPPLEMENTAL BUDGET | Expenditures
Town of Vail | Finance
Expenditures: Net Increase of $66,735,768
Expenditure Increases
($74.8M)
Expenditure Decreases
& Deferrals ($8.0M)
Previously
Approved by
Council,
$202.5K
New Requests,
$511.1K
Partially/
Fully
Offset by
Revenue
, $4.8M,
6%
Re-
appropriation:
Dobson Arena,
$33.4M, 45%
Other
Reappropriations,
$35.8M, 48%
Budget
Reductions:
Operational,
$1.2M
Budget Reductions:
Capital, $5.7M
Budget
Deferrals:
Capital,
$1.0M
85
6
2026 SUPPLEMENTAL BUDGET | Revenues
Town of Vail | Finance
Significant Changes Since First Reading: Expenditures
•General/Heavy Equipment Fund: Staff proposes transferring $54,989 of
police confiscations funds to the Heavy Equipment Fund for use in
upfitting three police pickup trucks for use in chain law enforcement and
Vail Pass response
•Internal Employee Housing Rental Fund: Request to increase
expenditures by $235,000 to purchase additional parking spots for the
employee housing units at Timber Ridge
•RETT Fund: $15,200 for consulting fees to develop a departmental
business plan for RETT fund departments
•Dispatch Fund: Request to increase annual operating expenditures of
$51,000 for licensing fees for the Aurelian Artificial Intelligence call
taking software
86
7
2026 SUPPLEMENTAL BUDGET | Expenditures
Town of Vail | Finance
Expenditure Fund Category Amount
Transit Service Enhancements (SB230)GF/HEF Largely offset by Revenue &
Previously Approved by
Council
$1,209,827
Town’s Legal & Consultant Costs for
Potential Downtown Development
Authority in West Lionshead
GF Previously Approved by
Council
$125,000
Internal management training and
business development plans
GF Previously Approved by
Council
$55,000
Dispatch AXS Radio Console
Replacements (Funded by 911 Authority)
Dispatch Largely offset by Revenue $781,226
New & Significant Expenditure Adjustments Include:
Please see the included Memo for detailed information on all
expenditure adjustments
87
8
2026 SUPPLEMENTAL BUDGET | Reserves
Town of Vail | Finance
$139.3M
$95.4M $86.9M
$34.0M $38.9M
$48.3M $45.8M $46.6M
$0.0M
$20.0M
$40.0M
$60.0M
$80.0M
$100.0M
$120.0M
$140.0M
$160.0M
TOV Reserves: Available to Spend
5 Year Projection
Housing Fund
RETT Fund
Capital Projects Fund
General Fund
Totals
88
9
2026 SUPPLEMENTAL BUDGET | Recap
Town of Vail | Finance
Are there any questions?
89