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HomeMy WebLinkAbout2000-10-10 Support Documentation Town Council Work Session !TAIL TOWN COUNCIL WORD SESSION TUESDAY, October 10, 2000 8:00 A.M. at the EVERGREEN LODGE 260 S. Frontage Rd. W., Vail, CO NOTE: Time of items is approximate, subject to change, and cannot be relied upon to determine at what time Council will consider an item. 8:00 A.M. Breakfast will be served. 1. (8:30 a.m.) Overview (1:30 mins.) Revenues Expenditures o Changes in Personnel Changes in Funds & Fund Balances 2. Executive Session for Personnel Matters. (1 hr.) 3. Overview of Capital and RETT. (2 hrs.) Fire Station 12:00 P.M. Workina lunch will be served. 4. Review of Departmental Budget Issues and Impacts. (1:30 mins.) 5. Determine Contribution Amounts. (1:30 mins.) 6. Information Update. (15 mins.) John Horan Kates 7. PEC/DRB Report. (10 mins.) Russell Forrest 8. Council Reports. (10 mins.) 9. Review Critical Strategies. (10 mins.) 10. Other. (30 mins.) Russell Forrest Executive Session - Land Negotiations. 11. Adjournment. (5:15 P.M.) NOTE UPCOMING MEETING START TIMES BELOW: (ALL TIMES ARE APPROXIMATE AND SUBJECT TO CHANGE) THE NEXT VAIL TOWN COUNCIL REGULAR WORK SESSION WILL BE ON TUESDAY, 10/17/00, BEGINNING AT 2.00 P.M. IN TOV COUNCIL CHAMBERS. THE FOLLOWING VAIL TOWN COUNCIL REGULAR WORK SESSION WILL BE ON TUESDAY, 10/24100, BEGINNING AT 2.00 P.M. IN TOV COUNCIL CHAMBERS. THE NEXT VAIL TOWN COUNCIL REGULAR EVENING MEETING WILL BE ON TUESDAY, 10117100, BEGINNING AT 7.00 P.M. IN TOV COUNCIL CHAMBERS. PLANNING AND ENVIRONMENTAL COMMISSION PUBLIC MEETING SCHEDULE Monday, October 9, 2000 PROJECT ORIENTATION / - Community Development Dept. PUBLIC WELCOME 12:00 pm MEMBERS PRESENT MEMBERS ABSENT' Site Visits : 1:30 pm 1. Mill Creek Road Parcel - South of 174 Gore Creek Drive Driver: Brent NOTE: If the PEC hearing extends until 6:00 p.m., the board may break for dinner from 6:00.- 6:30 p.m. Public Hearinq - Town Council Chambers 2:00 pm 1. A request for a minor subdivision, to allow for the creation of a new parcel located at 1778 Vail Valley Drive / a currently unplatted tract of land within Section 9, Township 5 South, Range 80 West of the 6th P.M. directly north of Lot 3, Sunburst Filing 3 within the Vail Golf Course. Applicant: Vail Junior Hockey Association, Vail Recreation District, Town of Vail Planner: Brent Wilson 2. A request for a minor subdivision of Lot 2, Section 8, Township 5 South, Range 80 West of the Sixth Principal Meridian, informally known as the Lodge at Vail Exchange Parcel, to allow for the creation of Lot 1 & Lot 2, Mill Creek Subdivision, generally located South of 174 Gore Creek Drive. Applicant: The Vail Corporation Planner: Allison Ochs 3. A request for a minor subdivision, to allow for the vacation of lot lines, located at Lots 1-4, Block H, Vail das Schone Filing 2. Applicant: Town of Vail, represented by Nina Timm Planner: Allison Ochs 4. A request for a final review for a minor subdivision to allow for the reconfiguration and replatting of two existing lots located at 3886/3896 Lupine Drive/Lots 15 & 16, Bighorn 2nd Addition. Applicant: Wilson Family Trust, represented by Jay Tschirner, First Land Development, LLC Planner: George Ruther 1 TOWN of YAK 5. A request for a minor subdivision of the property formerly known as'the Tennis Court site and Lionshead Skier Run-Out, now proposed to be called the Forest Road Parcel, located at 615 Forest Road/Unplatted. Applicant: The-Vail Corporation Planner: Brent Wilson TABLED UNTIL OCTOBER 23, 2000 6. A request for a final review of a conditional use permit, to allow for the construction of Phase I of Donovan Park improvements, generally located southeast of the intersection of Matterhorn Circle and the South Frontage Road. Applicant: Town of Vail Planner: George Ruther TABLED UNTIL OCTOBER 23, 2000 7. A request for a minor amendment to an approved development plan (SDD #35), to allow for a reduction in the number of parking spaces (and the conversion of these spaces into common storage) at the Austria Haus parking garage, located at 242 East Meadow Drive/A part of Tract C, Vail Village 15t Filing. Applicant: Austria Haus Condo Association Planner: George Ruther TABLED UNTIL NOVEMBER 13, 2000 8. Approval of September 25, 2000 minutes 9. Information Update The applications and information about the proposals are available for public inspection during regular office hours in the project-planner's office located at the Town of Vail Community Development Department, 75 South Frontage Road. Please call 479-2138 for information. Sign language interpretation available upon request with 24 hour notification. Please call 479-2356, Telephone for the Hearing Impaired, for information. Community Development Department Published October 6, 2000 in the Vail Trail 2 6. Parking Discussion. (30 mins) Greg Hall Arnie Ullevig BACKGROUND RATIONALE: Council has studied parking rates and Bob McLaurin policies for the past several months. Attached is a memorandum outlining the Town Manager's recommendations for the final unresolved issues, all of which are based on Council's strategies. 7. Town Manager's Report. (5 mins.) Bob McLaurin 8. Adjournment (9:20 P.M.) NOTE UPCOMING MEETING START TIMES BELOW: (ALL TIMES ARE APPROXIMATE AND SUBJECT TO CHANGE) THE NEXT VAIL TOWN COUNCIL REGULAR WORK SESSION WILL BE ON TUESDAY,10/24/00, BEGINNING AT 2:00 P.M. IN TOV COUNCIL CHAMBERS. THE FOLLOWING VAIL TOWN COUNCIL REGULAR WORK SESSION WILL BE ON TUESDAY, 11/07/00, BEGINNING AT 2:00 P.M. IN TOV COUNCIL CHAMBERS. THE NEXT VAIL TOWN COUNCIL REGULAR EVENING MEETING WILL BE ON TUESDAY, 11/07/00, BEGINNING AT 7:00 P.M. IN TOV COUNCIL CHAMBERS. Sign language interpretation available upon request with 24 hour notification. Please call 479- 2332 voice or 479-2356 TDD for information. C:\AGENDA.TC COUNCOL FOLLOW-UP TOPIC QUESTIONS FOLLOWUP 2000 07/25/00 DOBSON ICE ARENA PAM: Inc. 500 organizers have expressed negative Pam and Lorelei will be meeting with Kathy Fort Carty from feedback re: the approval process for the use of Destination Services. Destination Services personnel are currently Rod Slifer Dobson Arena. preparing a written follow up summary. 09/12/00 CLEAN UP OF PRIVATE TOM/RUSS: Is there a way the town can require the BUILDINGS clean up of buildings, as well as enforcement of hours of operation for business license holders? Diana Donovan 09/19/00 CATCH AND RELEASE ON CHUCK/BOB: Chuck will draft a letter to both GORE CREEK Department of Wildlife and the Wildlife Commission requesting the status on Gore Creek be changed from Chuck Ogilby the "two fish limit over 16 inches" to "catch and release." Vail Associates and Ducks Unlimited will be asked to sign off in partnership w/the TOV. -L 1 09/19100 BEETLE KILL ROD: Will get material to provide potential solutions to the funding of a special collection mechanism (special Rod Slifer district), mill levy increase dedicated to this eradication w/a sunset, or other manner, to fight and/or effectively deal w/this potential hazard. Also to be sought - the proposed "controlled burn" money that will no longer be spent in/around this community. 09/19/00 CRITICAL ACTION STEP - LUDWIG: Continue to work toward setting an open Dates have been set for January 3 & 4`h October 5, 2000, Page 1 COMMUNITY RELATIONS wNRI (6 meeting w/VRI, either a day or a day-and-a-half, to MONTH) scope out common themes and work on expected outcomes. Ludwig Kurz 09/19/00 CREATION OF MAYOR'S LUDWIG: Determine whether a Mayor's Advisory ADVISORY GROUP Group might be the appropriate forum to move forward through the community outcomes re: youth concerns Sybill Navas (e.g., Fourth of July, New Year's Eve, etc.) as confirmed through the White River Institute's most recent graduating class's sponsorship of the county- wide forum on alcohol/substance abuse. 10/03/00 CHIP SEAL ON WEST LARRY PARDEE: The chip seal (or paving treatment) LIONSHEAD CIRCLE seems very uneven and unfinished. Kevin Foley 10/03/00 WESTERN STAGE DELIVERIES LARRY PARDEE: There was a large truck down in the Old Town Shops parking lot (Western Stage Kevin Foley Deliveries). 10/03/00 CMC MILL LEVY BOB/TOM: How does the town go about lowering their mill levy? Greg Moffet 10/03/00 WEST VAIL LODGE RUSS/NINA: With the current change in status for the West Vail Lodge, what are the implications re: the re- Chuck Ogilby zoning? Also, should the town be pursuing this property as a seasonal housing location? October 5, 2000, Page 2 MEMORANDUM TO: Vail Town Counci; FR: Bob McLaurin Town Manager RE: TOV Action Plan ®T: October 6, 2000 Attached is the latest draft of the Town of Vail Action Plan. As indicated, it is a work in progress. We have scheduled some time on Tuesday's meeting to begin reviewing and discussing this document. Please call if you have questions or need additional information. Town of Vail Action Plan September 2000- November 2001 , Actio Council Status Next Council Point of Contact/ Timeline Date Lead Employee Community Alignment & Partnerships • Post Vision/Mission banners in Council 6 month Complete NA Pam Brandmeyer Chambers ¦ Define/clarify legal Ludwig Kurz and political 6 &14 Tom Moorhead leverage w/VRI month ¦ Notify VRI immediately of 6 & 14 Complete Ludwig Kurz Council's intent month ¦ Set Council/VRI 14 month Retreat has been scheduled January 01 Suzanne Silverthorn retreat for January 3rd & 4th ¦ Begin report out to community at "Peer 14 month Community Meetings set for NA Suzanne Silverthorn Resort" meeting, 11/16 and 11/24 ¦ Reinvent On hold until tactical Community Task 14 month activities are identified - post January 01 Ludwig Kurz Force as a tool TOV/VRI Retreat ¦ Define desire outcomes by. Process will be designed Bob McLaurin creating a vivi 1 th following TOV/VRI retreat January 01 Suzanne Silverthorn description for 2005, In early January Russell Forest 2010, 2015, 2020 i d Action Council Status Next Council Point of Contact/ Tiov~el'one Date Lead Employee 1 Work with Merchants to Flow chart graphically define approval 6 month defining procedures is being 11/21/00 Pam Brandmeyer procedures for special prepared events Maintain natural environment and town infrastructure Obtain Disney We are currently quantifying Russ Forrest standards 6 & 14 "Disney standards" Turn It Up - months incorporate stewardship theme Reinstitute "Adopt-a- Path/Street" Discuss weekly Council "lunch" location 6 month 10/10/00 Town Council a Create schedule and publish location Combine /walkabout Village Parking 14 month Structural engineering 12/00 Nina Timm Structure (retail) analysis underway Greg Hall Review Uniform 14 month Staff will review the UBC and 12/00 Gary Goodell Building Code and UFC highlighting areas were Mike McGee Fire Code staff makes interpretations Tom Moorhead and opportunities for appeal Greg Morrison 13 Parking Pay in Lieu 6 month Staff reviewed proposed changes on 9/26. Council 11/07/00 Brent Wilson agreed to off site parking maps s Action Council Status Next Council Point of Contact/ ' Timeline I Date Lead Employee Consolidate Information Booths ¦ Review alternative 14 month Site assessment underway Pam Brandmeyer sites ¦ Undertake/complete political groundwork Town Council Special Events ¦ Brief Council from a We are preparing a first-time promoter's 6 month "flowchart" which graphically 11/21/00 Pam Brandmeyer & neighbor's identifies approval perspective procedures. ¦ Solicit input from local event 6 month organizers: ¦ Appoint Council Greg Moffet has agreed to 01/01 Greg Moffet member to "shadow" do this Sybill at Special Events meetings Wayfinding • Prepare schedule Week of November 6th NA Greg Hall Suzanne Silverthorn • Approve drawings • Install upon arrival 6 month Week of December 15th Greg Hall Suzanne Silverthorn • Trail identifiers installed by 4/15/01 April 15th 01 Greg Hall Suzanne Silverthorn ¦ Community 6 &14 Currently refining the Facilities Hub Site month learning center concept Update on Russ Forrest along with the other 10/17 recreational uses Council approved Master Consensus on • Donovan Park 6 & 14 Plan on 10/3. Contract for uses at 10/3 George Ruther month engineering being prepared. Council meeting s oQ, a Action Council Status Next Council Point of Contact/ Timeline Date Lead Employee Lionshead public 6 month In July, Council delayed TIF Will provide Russ Forrest financing in 2000. Staff proposes Council with an Bob McLaurin steps to re-inform the public update and Steve Thompson of the public improvements recommended identified in the Lionshead next steps on Master Plan and the options 10/17/00 for financing those improvements Currently defining LH public Greg Hall improvements Russ Forrest Bob McLaurin 13 Ruins 14 month Appraisal completed & offer Nina Timm to purchase submitted. Tom Moorhead Russ Forrest 8-70 Noise Noise level readings will be 13 Complete contour taken 10/9 - 10/27. A map 11/13/00 Greg Hall noise map to identify 14 month showing noise levels degree of problem contours for the Vail Valley will be prepared. Identify options Possible mitigation measures to be consier after the map include noise walls (and/or berms), reduced speed limits, noise insulation, etc identify available funding sources Contract between developer Berry Creek 14 month & County complete. Sketch 10/26/00 Nina Timm plan on the overall Berry Tom Moorhead Creek 5'h/Miller Ranch site Russ Forrest has been submitted . TOV staff will meet with Council on 10/26 to review I GA between County and TOV Action Council Status Next Council Point of Contact, Timeline Date Lead Employee ¦ Timber Ridge 6 month Affordable Housing 11/14/00 Allison Ochs Ordinance drafted and Nina Timm scheduled for review by PEC Tom Moorhead and Council in RSES Athletic Field • Explore RE50J's Survey authorized. Bob has commitment for this called Superintendent to Kevin Foley joint partnership discuss District's financial Bob McLaurin participation Diana Donavon • Kevin and Diana will 14 month Todd Oppinhimer get the ball rolling Russ Forrest w/various partners • Staff will assess site access/viability/poss ible inclusion of old Carnie lot In-town Transportation • Kevin to conference Complete September 24-28, 2000 ¦ Review alternatives MK Engineering is preparing 11/15/00 Greg Hall to replace in town an analysis and report Mike Rose shuttle ¦ Presentations by vendors between 11/15/00 and end of January 2001 • Prepare 5 year capital budget Council will review and 10/10/00 Council modify CPF budget in Oct ¦ Explore possible funding partners (demo project) MEMORANDUM TO: Vail Town Council FR: Bob McLaurin Town Manager RE: Budget transmittal memorandum ®T: October 5, 2000 This memorandum serves as the Town Manager's transmittal letter for the FY 2001 - 2002 biennial budget. Attached to this memo are the documents for your review and consideration. We have included a memorandum from Steve Thompson summarizing the budget. We have also provided an analysis of revenues, a summary of expenditures, and changes in personnel. Finally we have included the five-year Capital and RETT Capital Budget. Pursuant to your direction earlier this year, we have balanced the FY2001 budget by reducing our operating costs, using approximately $50,000 in fund balance and reducing staffing by 4.0 FTEs. I believe this can be done with a minimal impact on services. This brings to 14 the total number of reductions in FTE over the past two years. As we have been discussing since 1995, the slow growth of revenues, combined with the increasing demand for services, has made the task of providing "premier level" municipal services increasing difficult. Over the past few years we have been able do this by one-time revenues, additional transfers from the CPF and RETT funds. This year the collapsing of the funds provided a one-time revenue infusion for operations of approximately $700,000. All of these efforts have been akin to a " finger in the dike". In the 2002 budget we have finally reached the point where we can no longer provide the premier services desired by the Council without additional revenues. Therefore, unless we dramatically cut services in 2002, we have no other choice than to look for new revenues to sustain our operations. Cutting additional services will not be in alignment with the Council's mission and is therefore, in my judgment, not an option. look forward to discussing this with you in more detail at our budget work session on Tuesday. If you have questions, or need additional information please feel free to call me over the weekend (476-7388). Thanks TOWN OF VAIL 2001m2002 BIENNIAL BUDGET BUDGET VVORKSESSION October 10, 2000 Town of Vail 2001-2002 Budget Table of Contents Budget Overview 1-3 Summary of Revenue and Expenditures and Changes in Fund Balance 4 Summary of Expenditures by Fund 5 Summary of Revenue by Fund 6 Net Revenue Summary 7-8 Summary of Changes in Personnel 9-10 Summary of Budgeted Positions by Department 11-12 Budget Summaries By Fund: General Fund 13-14 Heavy Equipment Fund 15 Dispatch Services Fund 16 Town of Vail Debt Service Fund 17 Capital Projects Fund - Five Year Summary of Revenue & Expenditures 18-23 RETT Fund - Five Year Summary of Revenue & Expenditures 24-28 General Fund - Five Year Financial Projection 29 Heavy Equipment Fund - Five Year Financial Projection 30 Dispatch Services Fund - Five Year Financial Projection 31 2001-2002 Budget Overview The following summarizes major highlights of the 2001-2002 Town Manager's Biennial Budget. We will discuss each of these points at our budget work session on October 10. Changes in Fund BaRanee The 2001-2002 biennial budget was prepared with the objective of balancing the General Fund. However, the General Fund can not be balanced in 2001 or 2002 without further service cuts. The General Fund is budgeted to use fund balance in 2001 by $56,998 and in 2002 by $443,949. The main problem in 2002 stems from revenues forecast to grow at 2.5% and expenditures forecast to grow at 4.5%, thus leaving a 2% deficit of approximately $400,000. The Heavy Equipment Fund is budgeted to use fund balance in both years in the amount of $211,771 and $62,075, respectively. This is due primarily to increased fuel costs and the planned use of fund balance in 2001 for replacement vehicles. Balancing the Budget The closure of the Parking, Facility Maintenance and Housing Funds benefited the General Fund's bottom line by approximately $770,000. Conversely, the Capital Project Fund budget includes additional expenditures of $795,000, which were previously incurred by the General or other operating Funds. The line items transferred to the Capital Projects Fund include computer replacements, facility and parking structure improvements. Revenues The budget includes $232,000 of proposed new General Fund revenues including: the CDOT frontage road maintenance fee of $100,000; collecting an administration fee from the Vail Local Marketing District of $15,000; charging the Dispatch Services Fund $30,000 for information services; and charging the RETT Fund an administration fee of $87,000. The 2001 General Fund revenue budget is forecast to increase 2.9% over the 2000 revised revenue budget. When you exclude the new revenues of $232,000 in the General Fund, we are budgeting $69,000 less for revenue in 2001 that we did in 2000. The projected increase in sales tax is 3.5% over estimated collections for 2000. The 2001-2002 biennial budget has been prepared without the potential $288,000 that could be generated if the voters approve de-Brucing property tax revenue and the Town Council eliminates the temporary mill levy credit. 1 2001-2002 Budget Overview We have budgeted parking revenue the same as we are estimating for 2000. We are in the process of assessing the financial impact of the recent changes in parking policies. The revenue budget is not final. This is the first cut. We will continue to watch revenues throughout the end of the year for recommended changes. Operating Expenditures The percentage increase in operating fund expenditures is as follows: General Fund 5.36% Heavy Equipment Fund 22.99% Dispatch Fund 14.12% General Fund increases by department are as follows: General Fund 2001 Budget 2001 Budget Department Increase Over 2000 Original Budget Town Officials 12.31% 1,085,256 Administration 3.45% 2,186,275 Community Development 7.67% 1,147,810 Police -0.71% 3,290,502 Fire -3.38% 1,390,578 Public Works & Streets 6.52% 2,321,477 Transportation 10.83% 2,886,000 AIPP 5.14% 58,775 Library 11.19% 753,121 Special Events & Contributions -10.87% 720,220 Dispatch 26.47% 545,886 Parking 15.27% 372,739 Facility Maintenance 6.23% 2,166,164 Rental Housing 37.69% 153,677 2 2001-2002 Budget Overview Wages & Benefits Wages are budgeted to increase 4.3% and 5% over budget for 2001 and 2002 respectively. The budget includes salary savings of $60,000, which is a portion of projected salary savings. Benefit costs, which include health and life insurance, pension and wellness, is budgeted to increase 8.39% and 7% in 2001 and 2002 respectively. The major increase in benefits is due to health insurance costs going up 25% in the 2001 budget. Health insurance costs make up 38% of total benefit costs in 2001. Overall benefits costs are 34.8% of salaries in the 2001 budget. Merit increase is budgeted to be at 4.5% in both years. We also plan to use $90,000 in salary savings to fund skills-based pay for hourly employees. The $90,000 represents about 1.4% of the hourly employee's wages. The 2001 budget includes a reduction of 4.12 full time equivalent employees. See the summary of changes in personnel for details. New Programs The 2000-2001 biennial budget does not include any additional personnel or operating expenses for a new fire station, although we have included $250,000 in the five-year model starting in 2003 for this program. We will want your direction as to whether we continue to plan for the new West Vail station or concentrate further efforts toward improvements for Station 1 (Village). The Capital Project Fund does not include any money for Hubsite or Lionshead improvements at this time. We do not know what to budget for these projects or to what degree public financing will be used. The Town Manager's budget does not include the additional $102,500 for special events or the $40,000 for information services that VVTCB requested on October 3, 1999. 3 TOWN OF VAIL, 2001-2002 BIENNIAL, PROPOSED BUDGET SUlV MARV OF REVENUE AND EXPENDITURES AND CHANGES IN FUND BALANCE 2001 2002 Beginning Operating Redcnuc Ending Operating .Revenue Ending Fund, EstimatedA dget~d Transfers Over(lln&r) `Fund Estimated Proposed- :Transfers Over(I;nder)Fund FundType/Fun'- Balance Rcs:enue Ezpendit6re W(Out) Expenditure -Balance,.: Revenue E~endrture:'1 In/ Out) Expenditure.: Balance General Fund 3.339,061 19,021,482 19.078.480 (56,998) 3,282.063 19,508,649 19,952.598 (443.949) 2,838,114 Snecial Revenue Funds: Capital Pro ects Fund 8.665.827 9,064.385 10,041.122 (2.324,908) (3301,645) 5364,182 14.180,862 13,584,507 (2,328,929) (1.731574) 3,631,608 Real Estate Transfer Tax Fund 7,076,677 6,361,417 12,366,232 (6,004,815) 1,071,862 3,520,387 3,444,708 75,679 1,147,541 Vail Marketing Fund 0 336,700 336,700 0 0 336,700 336,700 0 0 Debt Service Funds: Town of Vail Debt Service Fund 142,623 2,324,908 2,324,908 0 142.623 2,328,929 2,328,929 0 142,623 Internal Service Funds: Heavy Equipment Fund 1,117,184 2,063,770 2,275,541 (211.771) 905,413 1,975,259 2,037,334 (62,075) 843338 Health Insurance Fund 742,078 1,523,985 1,523,985 0 742,078 1,750,068 1,750,068 0 742,078 Dispatch Services Fund 66,653 1,371,975 1,335,405 36,570 103,223 1,443.600 1,404,976 38,624 141,847 Totals ..,;21,150,1,03:..39,743,714.::,;4,9 ,282;373.. 0. 9,538;659 11,6k1 444: :.:92 215.;525 :44834 820: 0 ( (2j24,295);:9,487,1491 fundsum02 4 10/5/2000 TOWN OF VAIL, 2001 - 2002 BIENNIAL. BUDGET SUMMARY OF EXPENDITURES BY FUND AND INTERFUND TRANSFERS AND CHARGES O. General Fund 19,078,480 19,952,598 Capital Projects Fund 12,366,030 15,913,436 Real Estate Transfer Tax Fund 12,366,232 3,444,708 Vail Marketing Fund 335,000 335,000 Debt Service Fund 2,324,908 2,328,929 Heavy Equipment Fund 2,275,541 2,037,334 Health Insurance Fund 1,523,985 1,750,068 Dispatch Services Fund 1,335,405 1,404,976 IlTotal Before Interfund Transfers 51,605,581 47,167,049 Less Interfund Charges & Transfers 6,073,489 6,370,349 INET EXPENDITURE BUDGET 45,532,092 40,796,700 Interfund Transfers and Charges: Transfer to Dispatch Services Fund 545,886 574,394 Transfer to Debt Service Fund 2,324,908 2,328,929 Heavy Equipment Fund Charges 1,785,639 1,853,912 RETT Fund Salary Charge 87,000 87,000 Health Insurance Charge 1,330,056 1,526,114 11TOTAL INTERFUND CHARGES AND TRANSFERS 6,073,489 6,370,34911 summaryofexpenditures.As 5 TOWN OF VAIL 2001 - 2002 BIENNIAL. BUDGET SUMMARY OF REVENUE BY FUND AND INTERFUND TRANSFERS AND CHARGES General Fund 19,021,482 19,508,649 Capital Projects Fund 9,064,385 14,180,862 Real Estate Transfer Tax Fund 6,361,417 3,520,387 Vail Marketing Fund 335,000 335,000 Debt Service Fund 2,324,908 2,328,929 Heavy Equipment Fund 2,063,770 1,975,259 Health Insurance Fund 1,523,985 1,750,078 Dispatch Services Fund 1,371,975 1,443,600 Total Before Interfund Transfers 42,054,582 45,030,424 Less Interfund Charges & Transfers 6,073,489 6,370,349 NET REVENUE BUDGET 35,981,093 38,660,075 Interfund Transfers and Charges: Transfer from General Fund 545,886 574,394 Transfer from Capital Projects Fund 2,324,908 2,328,929 Heavy Equipment Fund Charges 1,785,639 1,853,912 RETT Fund Salary Charge 87,000 87,000 Health Insurance Charge 1,330,056 1,526,114 11TOTAL INTERFUND CHARGES AND TRANSFERS 6,073,489 6,370 349 summarydrevenue.xls 6 TOWN OF VAIL FINANCIAL OVERVIEW 2001 2002 NET REVENUE SUMMARY ALL TOWN REVENUES - Pct Cha Pcf C'hL X0(112002` 2Uf)0 Proposed, from 2000 I'ruPu,c~i liom 2071 C omhined, I:I.VI.Al l ti: Bud. 2()()l 1mclidc1 100-1 Propo,,cd ['crccnt Original \uiunded Ludo:t I.iu~ig~l laud i Bui cr of "Dotal Taxes: Retail Sales Taxes 15,700.000 15,052,000, 15,578,820 3.5% 16,124,078 3.5% 42.5% Property & Ownership Tax 2,255,552 2,255,552 2,334,329 3.5% 2,426,054 3.9% 6.4% Ski Lift Tax 2.000,000 1_.890,000 1.927,800 2.0% 1,966.356 2.0% 5.2% Franchise Fees 554.960 554.960 581.785 4.8"/x: 598.175 2.8% 1.6% Real Estate Transfer Tax 2,900,000 2,900,000' 2,900,000 2,900,000 7.8% Penalty and Interest 25,000 25,000 23,700 -5.2% 23,700 0.1% IlTotal Taxes 23,435,512 22,677,5121233346,4341 2.9%1 24,038,3631 3.0% 63.5%1 Licenses and Permits: Construction Fees 650,000 650,000 650.000 650,000: 1.7% Recreation Amenities Fees 130,000 130,000 130,000 130,000 0.3% Contractors Licenses 30.603 30.603 38.000 24.2% 38,000 0.1% Business License Fees 341.732 341.732 336,700 -1.5% 336,700 0.9% Other Permits and Licenses 28,042 28,042 35.700 27.3% 35,700 0.1% JITotal Licenses and Permits 1,180,377 1,180,3771 1,190,4001 0.8%1 1,190,4001 3.2%11 Intergovernmental Revenue: 1 County Sales Tax 500,000 500,000 517,500 3.5% 535,613 3.5% 1.4% County Road & Bridge Tax 487,674 487,674` 480,300 -1.5% 489,906 2.0% 1.3% Additional Motor Vehicle Regis. Tax 31,366 31,366 28,000 -10.7% 28,000 0.1% Cigarette Tax 118,609 118,609 118,609 118,597 0.0% 0.3% Highway User's Tax 229,720 229,720 226,544 -1.4% 228,809 1.0% 0.6% Health Inspection Contract 12,157 12,157 13,300 9.4% 13,566 2.0% 0.0% Lottery Revenue 25,000 25,000 18,000 -28.0% 18,000 0.0% State & Federal Grants 26,000 -100.0% Berry Creek 5th 92,108 IlTotal Intergovernmental Revenue 1,496,634 1,430,5261 1,402,2531 -2.0%' 1,432,4911 2.2% 3.8%'I netrevenue 7 TOWN OF VAIL FINANCIAL OVERVIEW 2001 2002 NET REVENUE SUMMARY ALL TOWN REVENUES "Pcf Cbg Pct Chg 20()12002> 20f w Proposed Irom 2000 Proposed from 2001 Combined Bud_CI 2001 Amcndcd 2002 I''ropo-d Percenr Original \mended Budget Budgcl Budg,:i Budg, off-otal: Charges for Services: Management Fee VV Marketing Board 17,000 17,000 32,000 88.2% 32,000 0.1% Out of District Fire Response 30,371 30,371 36,000, 18.5% 36,000 0.1% Police Alarm Monitoring Fees 58,406 58,406 55,795 -4.5% 56,911 2.0% 0.2% Dispatching Contracts 594,375 594,375 ` 631,249 6.2% 6767003 7.1% 1.8% E911 Board 173,000 205.800 184.000', -10.6% 193.586 5.2% 0.5% Other Charges, Services, & Sales 1,064,737 2,143,737 2,285,546 6.6% 169,578 -92.6% 3.3% Total Charges for Services 1,937,889 3,049,6891 3,224,5901 5.7%1 1,164,0781 -63.9% 5.9%1 I1117ines & Forfeits 255,699 300,199' 221,7981 -26.1%1 206,6901 -6.8% 0.6%1I Transportation Centers: Parking Fees 11620,086 1,763,000 1,763,000 1,763,000 4.7% Parking Assessments 62,340 62,340 12,340 -80.2% 12,340 0.0% Leases and Other 36.300 36.300 57.307 57.9% 57.307 0.2% IITotal Transportation Centers 1,718,726 1,861,6401 1,832,6471 -1.6%1 1,832,6471 4.9%I Earnings on Investments 468,750 688,7501 538,7501 -21.8%1 428,7501 -20.4% 1.3%1I Miscellaneous: 111 Rental Income 538,650 556.150 703,901 26.6% 719,308 2.2% 1.9% Employee Insurance Contributions 155,704 155,704 183,179 17.6% 213,214 16.4% 0.5% Other 322,820 190,670 343,981 80.4% 2,452,197 612.9% 3.7% ~ITotal Miscellaneous 1,017,174 902,5241 1,231,0611 36.4%1 3,384,719 174.9% 6.2%1I TOTAL ANNUAL REVENUES 31,510,761 32,091,217132,98729331 2.8%1 33,678,1381 2.1% 89.3%' OneTime & Discontinued Revenues 5,000,000 6,695,7501 3,000,0001 -55.2%1 51000,0001 66.7% 10.7% JIGRAND TOTAL REVENUES 36,510,761 38,786,967135,987,9331 -7.2%1 38,678,1381 7.5% 100.0%11 netrevenue 8 TOWN OF VAIL 2001/2002 BUDGET SUMMARY OF CHANGES IN PERSONNEL 2001 Full Time Seasonal Transfers Increase Increase of Department (Decrease) (Decrease) Positions ]Position FTE FTE Town Officials: Court Accounting Tech (0.40) Transferred shared position back to Finance Administrative Services: Finance Accounting Tech 0.40 Budget and Finance Manager (0.75) Transfer position to IS Information Systems: System Engineer II 1.00 Added to address IS needs Software Support Specialist 0.75 Position transferred from Finance Human Resources ` Human Resources/Safety & Town Clerk Assistant 0.20 To make part time position full time for Clerk and Human Resources Town Clerk Human Resources/Safety & Town Clerk Assistant 0.20 To make part time position full time for Clerk and Human' Resources Public Relations Assistant 0.25 Public Works Streets & Roads: 2 Seasonal Heavy Equipment Operators 0.92 Needed to staff frontage road maintenance contract Transit 3 Seasonal Bus Drivers (1.50) Police Department Police Officers (1.00) Police Technician (1.00) Code Enforcement Officer (2.00) Commander (1.00) Commander 0.25 Student Police (0.54) Personnelchg2002bud 9 10/5/2000 TOWN OF VAIL 2001/2002 BUDGET SUMMARY OF CHANGES IN PERSONNEL 2001 Full Time Seasonal Transfers Increase Increase of Department (Decrease) (Decrease) Positions Position FTE FTE Fire Department Assistant Fire Chief (1.00) Reorganized to delete position Department Secretary (1.00) Reorganized to delete position Dispatch Services Fund Communications Manager 1.00 Added for additional support Commander (0.25) Parking 3 Seasonal Parking Attendants 1.35 Added back to address service demands Total Increase (Decrease) in FTE's 1 (4.35)1 0.23 1 0.00 Net (Decrease) in FT'E's (with budget impact) (4.12) Contract Positions Added to Salary Spreadsheet No cost was added to the budget Dispatch Trainer 0.45 Housing Assistant 0.48 Landscape Architect 1.00 Total Increase (Decrease) in FT'E's (3.35) 1.16 Net (Decrease) in FT'E's Person nelchg2002bud 10 101512000 TOWN OF VAIL 2001-2002 BIENNIAL BUDGET TEN YEAR SUMMARY OF BUDGETED POSITIONS BV DEPARTMENT 2001 Positions Increased Department 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 (Decreased) g All FTE's (Full Time Equivalent Unit): Town Officials 7.20 7.20 7.20 6.98 6.90 6.90 6.90 6.90 6.50 6.50 (0.40) Administrative Services 19.96 19.96 17.96 16.82 16.75 17.42 18.62 16.82 18.87 18.87 2.05 Community Development 15.50 16.00 16.50 16.48 16.49 16.48 16.48 15.48 15.96 15.96 0.48 Fire 17.00 17.00 17.00 17.00 18.00 18.00 18.00 18.00 16.00 16.00 (2.00) Police and Dispatch 60.10 59.10 58.60 56.50 54.94 61.86 67.52 66.52 62.43 62.43 (4.09) Library 10.95 10.95 10.65 10.61 9.68 9.68 9.68 9.68 9.68 9.68 0.00 Public Works. Streets & Roads 42.30 43.05 36.89 37.10 36.33 40.04 39.47 38.76 40.18 40.18 1.42 Transportation 38.04 40.85 41.60 42.56 43.02 43.08 48.80 47.80 46.30 46.30 (1.50) Parking 19.17 20.17 9.08 9.08 7.45 7.45 7.45 6.60 7.95 7.95 1.35 Fleet Maintenance 15.00 15.00 14.00 14.00 13.00 13.00 13.00 13.00 1100 13.00 0.00 Facility Maintenance 0.00 21.75 20.83 18.83 19.83 19.83 21.83 22.33 22.33 0.50 Risk Management 1.00 1.00 0.40 0.60 0.67 0.00 Total FTE's 246 22 250 28 251.63 248.56 242.05 253.74 265.75 261.39 259.20 259.20 (2.19)1 PersonnelSummary02 1 1 10/5/2000 TOWN OF PAIL 2001-2002 BIENNIAL BUDGET TEN YEAR SUMMARY OF BUDGETED POSITIONS BY DEPARTMENT 2001 Positions Increased Department 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 (Decreased) Seasonal and Part Time FTE's Only Town Officials 0.70 0.70 0.48 0.48 0.00 0.00 0.00 0.00 0.00 0.00 Administrative Services 0.96 0.96 0.56 0.42 0.82 0.82 0.42 0.42 0.42 0.42 0.00 Community Development 0.50 0.48 0.48 0.48 0.48 0.48 0.48 0.96 0.96 0.48 Fire Police and Dispacth 4.60 4.60 4.60 2.50 3.94 3.36 1.02 1.02 0.93 0.93 (0.09) Library 0.78 0.78 1.61 1.61 1.18 0.93 0.93 0.93 0.93 0.93 0.00 Public Works\ Transportation\ Fleet Maintenance\Facility Maintenance 40.51 44.07 37.82 33.57 33.63 32.40 35.55 35.99 36.76 36.76 0.77 Total Seasonal / Fart Time FTE 47.55 51.61 45.55 39.06 40.05 37.99 38.40 38.84 40.00 40.00 1.16 PersonnelSummary02 12 101512000 TOWN OF VAIL 2001 - 2002 BIENNIAL BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE GENERAL FUND . V :::.............3............................................:.:.::....:.:::..: d8 REVENUE: Taxes: Retail Sales Taxes 8,113,554 8,949,000 8,593,000 8,893,755 9,205,036 Property & Ownership Tax 2,157,937 2,255,552 2,255,552 2,334,329 2,426,054 Ski Lift Tax 1,710,061 2,000,000 1,890,000 1,927,800 1,966,356 Franchise Fees 564,419 554,960 554,960 581,785 598,175 Penalty and Interest 23,256 25,000 25,000 23,700 _ 23,700 Total Taxes 12,569,227 13,784,512 13,318,512 13,761,369 14,219,321 Licenses and Permits: Construction Fees 516,999 650,000 650,000 650,000 650,000 Contractors Licenses 43,735 30,603 30,603 38,000 38,000 Other Permits and Licenses 40,291 29,774 29,774 37,400 37,400 Total Licenses and Permits 601,025 710,377 710,377 _ 725,400 725,400 Intergovernmental Revenue: County Sales Tax 459,664 500,000 500,000 517,500 535,613 County Road & Bridge Tax 423,671 487,674 487,674 480,300 489,906 Additional Motor Vehicle Regis. Tax 27,884 31,366 31,366 28,000 28,000 Cigarette Tax 111,086 118,609 118,609 118,609 118,597 Highway User's Tax 221,471 229,720 229,720 226,544 228,809 Health Inspection Contract 11,916 12,157 12,157 13,300 13,566 Transportation Fees 48,277 Other State Sources 27,818 3,000 Federal Sources 106,495 23,000 RETT Contribution for Salaries 15,748 87,000 87,000 Information Services Charge _ 30,000 30,000 [Total Intergovernmental Revenue 1,438,282 1,395,274 1,405,526 1,501,253 1,531,491 Charges for Services: Management Fee - VV Marketing Board 16,815 17,000 17,000 32,000 32,000 Out of District Fire Response 36,127 30,371 30,371 36,000 36,000 Police Alarm Monitoring Fees 52,578 58,406 58,406 55,795 56,911 Parking Fees and Passes 1,513,610 1,620,086 1,763,000 1,763,000 1,763,000 Other Charges, Services, & Sales 110,723 64,737 64,737 168,046 169,578 Total Charges for Services 1,729,853 1,790,600 1,933,514 2,054,841 2,057,489 Fines & Forfeits 223,748 255,699 255,699 209,458 194,350 Earnings on Investments 282,196 275,000 275,000 185,000 185,000 ~I Miscellaneous: Rental Income 322,092 314,888 332,388 498,311 509,748 Other 343,196 41,970 46,070 85,850 85,850 Total Miscellaneous 665,288 _ 356,858 378,458 584,161 595,598 Other Sources of Revenue: Capital Leases 10,665 [TOTAL REVENUE 17,520,284 18,568,320 18,277,086 19,021,482 19,508,649 Gf.xls 13 TOWN OF VAIL 2001 - 2002 BIENNIAL BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE GENERAL FUND <s:#::>>:><:»::2131£#:.•:::::::.::::>::>:<:» :>:~I£~3::.::««::::':::<:>::z::<s:>::?::::>::::::::::::>::::s::>::>>::::>::::::::;>:::>•::>::>::>::>::;;<;z: : ::.>:::.:::::::::::::::::2Qf . x x x x x u::.;:.:..:::z:::::> : : > : ::::>::........J ....3E ::.:::>3dgei€«:'•.•.`: EXPENDITURES: Town Officials 890,748 983,638 1,031,799 1,085,256 1,055,895 Administrative Services 2,009,003 2,076,209 2,116,004 2,186,275 2,317,070 Community Development 1,123,570 1,036,081 1,039,081 1,147,810 1,181,222 Housing 126,412 165,290 181,590 153,677 160,547 Police 3,224,758 3,314,195 3,357,143 3,290,502 3,437,723 Fire 1,389,669 1,439,244 1,443,544 1,390,578 1,465,073 Public Works 2,119,981 2,235,372 2,279,672 2,380,252 2,530,828 Transportation 2,578,913 2,604,042 2,616,397 2,886,000 3,038,011 Parking Operations 288,607 323,359 370,359 372,739 392,317 Facility Maintenance 1,744,358 2,064,108 2,089,108 2,166,164 2,273,068 Library 661,636 677,304 703,304 753,121 791,826 Contributions and Special Events 955,652 877,930 930,930 720,220 734,624 Operating Transfers 490,465 461,648 431,648 545,886 574,394 L Total Expenditures 17,603,772 18,258,420 18,590,579 19,078,480 19,952,598 Revenue Over/(Under) Expenditures (83,488) 309,900 (313,493) (56,998) (443,949) Beginning Fund Balance 2,887,980 3,652,554 3,339,061 3,282,063 1~ndangFurid $alafice _ - 3:197-880 3;339;061 3;2%$;063 2,83$,1.14: Gf xls 14 TOWN OF VAIL, 2001 - 2002 BIENNIAL, BUDGE'T' SUMMARY OF REVENUE, EXPENDI'T'URES AND CHANGES IN FUND BALANCE HEAVY EQUIPMENT FUND ttiY 8 REVENUE: Interagency Charges 1,548,500 1,618,398 1,618,398 1,785,639 1,853,912 Insurance Proceeds - Body Repair 28,433 41,800 41,800 43,681 45,647 Earnings on Investments 44,582 20,000 20,000 20,000 20,000 Other 1,521 Sale of Fixed Assets 88,612 103,800 103,800 214,450 55,700 TOTAL REVENUE 1,711,648 1,783,998 1,783,998 2,063,770 1,975,25911 EXPENDITURES: Salaries and Benefits 619,359 668,583 668,583 712,348 751,672 Operating, Maintenance, & Contracts 575,386 595,906 595,906 764,693 793,662 Capital Outlay 301,449 585,750 585,750 798,500 492,000 Total Expenditures 1,496,194 1,850,239 1,850,239 2,275,541 2,037,334 j Revenue Over/(Under) Expenditures 215,454 (66,241) (66,241) (211,771) (62,075)11 Beginning Fund Balance 967,971 1,173,670 1,183,425 1,117,184 905,413 Endirig_Fund B.alanee 1;T83,425: 1,;T07,429 1.117,1:84 LL905,4;13:. .843,338:: fdsumtemplate.xls 15 TOWN OF VAIN 2001 - 2002 BIENNIAL BUDGE'T' SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE DISPATCH SERVICES FUND <<»> REVENUE: E911 Revenue 154,976 173,000 205,800 184,000 193,586 Interagency Charges 569,982 594,375 594,375 642,089 675,620 Transfer from General Fund 412,333 431,648 431,648 545,886 574,394 Other 15,400 Earnings on Investments 1,318 'T'otal Revenue 1,154,009 _ 1,199,023 1,231,823 1,371,975 1,443,600 J EXPENDITURES: Salaries and Benefits 1,000,666 1,068,464 1,068,464 1,193,805 1,259,364 Operating, Maintenance, & Contracts 65,335 81,700 81,700 141,600 145,612 Capital Outlay 50,214 20,000 52,800 Total Expenditures 1,116,215 1,170,164 1,202,964 1,335,405 1,404,976 Revenue Over/(Under) Expenditures 37,794 28,859 28,859 36,570 38,624 Beginning Fund Balance 172 37,794 66,653 103,223 Ending Fund:Balanee 37,794. 29,031.... 66,653 a__' 1..... . 141;.847` fdsumtemplate.xls 16 TOWN OF VAIL 2001 - 2002 BIENNIAL BUDGET SUMMARY OF REVENUE, EXPENDITURES AND CHANGES IN FUND BALANCE DEBT SERVICE FUND REVENUE: Received from Eagle County Recreation Authority 90,428 92,108 Earnings on Investments 25,151 20,000 Other 877 Transfer from Capital Projects Fund 2,120,965 2,239,265 2,290,265 2,324,908 2,328,929 I~ TOTAL REVENUE 2,237,421 2,331,373 2,310,265 2,324,908 2,328,92911 EXPENDITURES: Principal 1,125,000 1,175,000 1,175,000 1,235,000 1,310,000 Interest 1,197,248 1,143,873 1,143,873 1,082,923 1,012,244 Fiscal Agent Fees 2,033 12,500 12,500 6,985 6,685 Leases: Total Expenditures 2,324,281 2,331,373 2,331,373 2,324,908 2,328,929 Revenue Over/(Under) Expenditures (86,860) (21,108) I~ Beginning Fund Balance 250,591 266,591 163,731 142,623 142,623 . - Endirig Fund Balance 731:: . 23 ::::::::::::.142,623 :142,623::'. debtservice.xls 17 Capital Projects Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Draft 8/29/00 2000 2001 2002 2003 2004 2005 Project Information Revenues: Sales Tax 6,459,000 6,685,065 6,919,042 7,161,209 7,411,851 7,671,266 In 2000 allocates $250k to GF. Growth at 3.5%. Sales tax split between GF and CPF is 57 % and 43% respectively a change from 55.5% and 44.5% Federal Grant Revenue 83,500 Lease Revenue 55,000 149,480 149,480 149,480 149,480 149,480 Lease revenue from City Market & employee housing land lease CDOT Reimbursement 1,000,000 Reimbursement for the roundabout construction Fire Station Lease Proceeds 5,000,000 Lease purchase the new fire station Parking Assessments 12,340 12,340 Revenue from Parking Pay-in-Lieu Program Brm-Doom Program 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Sale of Deed Restricted Units Purchased by the Town Sale of Arosa Garmish Units 1,117,500 Project Reimbursement 807,250 Transfer from Parking Structure Fund 875,457 Parking structures debt service on bonds Interest Income & Other 300,000 100,000 100,000 100,000 100,000 100,000 Total Revenue _ 8,580,207 9,064,385 14,180,862 8,410,689 8,661,331 8,920,746 CIP5yrbudget 18 10/5/2000 Capital Projects Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Draft 8/29/00 2000 2001 2002 2003 2004 2005 Project Information Expenditures: Equipment Purchases Fire Truck Replacement 640,000 485,000 Replace trucks at the end of their useful lives Fire Truck Addition 420,000 Additional truck for third company Document Imaging 150,000 Estimate to provide imaging hardware and software town wide Sweeper for Village 25,000 "Walk behind" sweeper and trash vacuum Snow Plow 125,000 Snow plow and sander for frontage road maintenance, only required if we take over maintenance of frontage roads Street Sweeper 125,000 Sweeper to enhance service and reliability Technology Upgrade 80,252 50,000 50,000 50,000 50,000 50,000 Allocate a portion of capital projects fund to keep up with technology Software & 11ardware Upgrades 141,750 179,135 Replacement of PC's Web Page Development/Ecommerce 100,000 100,000 100,000 Web page development and future credit card payments Repower Buses 112,650 152,000 160,000 Replace transmissions and engines to extend useful life Replace Buses 2,020,000 1,381,000 1,480,000 1,170,000 Replace buses at end of useful lives for outlying routes only 800 MHz radio system 152,372 152,372 152,372 152,372 Principal and interest payments to lease purchase radios in 1998 PBX System & OS Upgrade 300,000 Subtotal Equipment Purchases 1,070,274 3,104,122 1,914,507 2,362,372 19220,000 635,000 CIP5yrbudget 19 10/5/2000 Capital Projects Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Draft 8/29/00 2000 2001 2002 2003 2004 2005 Project Information Capital Maintenance Bus Shelter Replacement 26,000 20,000 10,000 10,000 10,000 10,000 Replace I old shelter each year and add a new one every other year Street Furniture Replacement 98,000 15,000 15,000 15,000 21,000 21,000 Newspaper boxes in 2000 and replace, add street furniture Capital Street Maintenance 240,000 1,150,000 975,000 725,000 740,000 890,000 Preventive maintenance, patching, overlays and seal coats Subtotal Capital Maintenance 364,000 1,185,000 1,000,000 750,000 771,000 921,000 Street Reconstruction Lupine Dr., Vail Rd, Westhaven Dr, 1,200,000 Vail Valley Drive 75,000 100,000 2,600,000 VV Drive Golden Peak to Sunburst, and Mill Creek Circle, with bike lane West Half of East Vail 200,000 2,450,000 Bridge Rd, Columbine Dr, Spruce Way, Spruce Dr, Meadow Dr, Juniper Ln East Vail - Second Half Moved out beyond 5 years Subtotal Street Reconstruction 1,275,000 100,000 2,600,000 200,000 2,450,000 0 Buildings & Improvements Library Building Remodel 225,000 75,000 Remodel of the Library Building, Community Room and Public Restrooms - adds maintenance Library Downstairs Employee Housing 15,000 To improve ventilation and facilities, will only be done if space is available for housing Medians in Frontage Road 500,000 From roundabout to Blue Cow chute, includes signing, lighting and landscaping - adds maintenance costs 3rd Sheet of Ice 770,385 Remodel Main Vail Fire Station 50,000 To Accommodate New Ladder Truck CIP5yrbudget 20 10/5/2000 Capital Projects Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Draft 8/29/00 2000 2001 2002 2003 2004 2005 Project Information Complete Remodel of Main Vail Fire Station Will need Complete Remodeling (When?) Fiber Optics in Buildings 100,000 Community Room at Vail Commons 300,000 A community room in the Bright Horizons space - adds maintenance Overlay Municipal Bldg. Parking Lot 50,000 Improve parking lot to acceptable standard Way Finding Improvements 642,000 50,000 1,200,000 Includes signs in town, on 1-70, and in parking structures - adds maintenance Town Shop Imp - Storage Project 750,000 Replace the storage at old town shops Town Shop Imp - Retaining Wall 2,100,000 Construction of back retaining wall to create space for expansion Town Shop Imp - Streets building 1,725,000 Construction of new streets dept. building Community Facility - Hub Site 175,000 To design the facility at the Hub site. VRD to share in $66,249 of the cost. Parking Structure /niprovemenls 405,000 470,000 435,000 535,000 440,000 Various Parking Structure Improvements Genera! Facility Improvements 142,000 145,000 305,000 324,000 260,000 Various Facility Capital Improvements West Vail Fire Station 123,835 5,000,000 Estimated cost to build new fire station - adds maintenance Vail Fire Station - Debt Service 0 420,000 420,000 420,000 420,000 420,000 Debt service on new fire station Subtotal Buildings / Improvements 2,001,220 1,942,000 6,785,000 3,260,000 3,104,000 2,320,000 CI P5yrbudget 21 10/5/2000 Capital Projects Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Draft 8/29/00 2000 2001 2002 2003 2004 2005 Project Information Streetscape Projects West Meadow Drive 100,000 2,000,000 Construct streetscape plan, drainage lighting public art and landscaping - adds maintenance from Library to Fire Station Subtotal Streetscape Projects 100,000 2,000,000 0 0 0 0 Housing Program Creekside EHU's 1,200,000 None budgeted at this time Arosa Garmisch Units 400,000 To Finish Project Burn-Doran Program 1,100,000 1,100,000 1,100,000 1,100,000 1,100,000 Purchase Price of Deed Restricted Units, Includes $I 00k Subsidy Subtotal Housing Program 1,200,000 1,500,000 1,100,000 1,100,000 1,100,000 1,100,000 Other Improvements ADA Compliance 20,000 10,000 10,000 10,000 10,000 10,000 Allocate money for unspecified projects Lionshead Master Plan 285,638 Design costs to implement Town improvements Lionshead Financing 25,000 To Implement the Lionshead Improvements - Transportation Studies 77,000 Finish loading & delivery study / people movers and parking. Street Light Improvement Program 75,000 75,000 75,000 75,000 75,000 75,000 Add new street lights and refurbish residential lighting program Drainage Improvements 100,000 100,000 100,000 100,000 80,000 84,000 Continue implementation of drainage master plan I Net Connection 15,000 Contract with TCI-to provide fiber optic cable to town buildings Subtotal Other Improvements 572,638 210,000 185,000 185,000 165,000 169,000 Cotal before Transfers 6,583,132 10,041,122 13,584,507 7,857 57,372 8,810,000 5,145,000 CIP5yrbudget 22 10/5/2000 Capital Projects Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Draft 8/29/00 2000 2001 2002 2003 2004 2005 Project Information Transfer to Parking Fund- Deficit 726,000 To fund the deficit in the Parking Fund Allocation of Fund Balance for Housing 0 To fund unspecified housing projects Transfer for Debt Service 2,290,265 2,324,908 2,328,929 2,334,053 2,332,153 2,331,703 To fund debt service on all Town bonds ILOtal Expenditures 9,599,397 12,366,030 15,913,436 10,191,425 11,142,153 7,476,703 Revenue Over (Under) Expenditures (1,019,190) (3,301,645) (1,732,574) (1,780,736) (2,480,822) 1,444,043 Transfer From or (To) Other Funds 1,828,457 (1,000,000) Ending Fund Balance 8,665,827 4,364,182 2,631,608 850,872 (1,629,950) (185,907) CIP5yrbudget 23 10/5/2000 Real Estate Transfer Tax Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Update 8/29/00 Estimated 2000 2001 2002 2003 2004 2005 Project Information Revenue Real Estate Transfer Tax 2,900,000 2,900,000 2,900,000 2,900,000 2,900,000 2,900,000 Golf Course Lease 109,582 113,417 117,387 121,496 125,748 130,149 Lottery Revenue 25,000 18,000 18,000 18,000 18,000 18,000 Lease Proceeds 3,000,000 Project Reimbursement 100,000 Land Exchange Proceeds 2,135,000 265,000 Interest Income & Other 200,000 200,000 90,000 90,000 90,000 90,000 Recreation Amenity Fee 130,000 130,000 130,000 130,000 130,000 130,000 (Total Revenue 5,599,582 6,361,417 3,520,387 3,259,496 3,263,748 3,268,149 Expenditures Annual Maintenance Administration Fee to Genera! Fund 87,000 87,000 87,000 87,000 87,000 Rec Path Capital Maintenance 115,000 120,000 125,000 130,000 135,200 140,608 Capital maintenance of the town's rec path system Alpine Garden Support 38,500 38,500 38,500 38,500 38,500 38,500 Tree Planting & Pine Beetle Control 25,000 150,000 Provide additional trees to Vail's public areas Donovan Park Operating Costs 135,000 141,750 148,838 Park, Path & Landscape Maintenance 596,179 733,732 758,958 789,316 820,889 853,725 Ongoing path, park and open space maintenance Subtotal Maintenance 774,679 1,042,232 922,458 1,092,816 1,136,339 1,181,670 RETT5yrcapital 24 10/5/2000 Real Estate Transfer Tax Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Update 8/29/00 Estimated 2000 2001 2002 2003 2004 2005 Project Information Recreation Pathfrrail Development North Trail 20,000 80,000 Construction of trail from Red Sandstone Creek to Middle Creek Trail Signs 5,000 65,000 Create improved way finding to parks and trailheads Trailhead Development 20,000 20,000 20,000 20,000 20,000 Improve trailheads N. Frontage Rd. ( School to Interchange) 500,000 Create a separated path from the pedestrian overpass to the north side of the main interchange N. Frontage Rd. ( Timberidge to Buffehr 450,000 Reconstruct the existing at-grade path as a separated path from Timberidge to Cr.) the Brandess Building Katsos Ranch Bike Path Restoration & 95,000 160,000 Repair the path where washouts occur each year. By Pass in 2002 Soft Service By-Pass Lionshead Nature Trail 175,000 Construct the trail as part of the Lionshead and Open Lands Master Plans Vail Valley Drive Bike Lane 950,000 The bike path portion of the Vail Valley Drive street reconstruction project Booth Creek Trailhead Parking 35,000 Frontage Road Bike Trail 500,000 550,000 Construct widened 6' shoulders along all frontage roads, first priority is Blue Cow Chute to East Vail, Phase 1 Subtotal Pathways 155,000 165,000 1,130,000 645,000 520,000 1,070,000 RETT5yrcapital 25 10/512000 Real Estate Transfer Tax Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Update 8/29/00 Estimated 2000 2001 2002 2003 2004 2005 Project Information Park Capital Maintenance Irrigation Control 47,000 Last year of automating the town's irrigation system Bighorn Park - Safety Imp 60,000 Bring the playground and park up to current playground safety standards Red Sandstone Park -Safety Imp 70,000 Bring the playground and park up to current playground safety standards Stephen's Park 50,000 Stream stabilization project Pirate Ship Park - Safety Imp 80,000 Bring the playground and park up to current playground safety standards Ford Park Projects Interior Rec Path 30,000 Connect the parking lot with the lower bench around the Alpine Garden and athletic fields Remodel Ampitheater 427,500 Remodel ampitheater and Alpine Garden Manor Vail Bridge 48,198 Finish bridge project started in 1999 Championship Repairs 6,100 Sodding of Alpine Garden access road Parking Lot 1,100,000 Develop the parking lot and entrance to the park Frontage Road 1,250,000 Improvements to the entire frontage of Ford Park required with the new entry and parking lot redesign East Access Roads 500,000 Construction of the east access road to allow loading and delivery to occur away from park development Central Trash 105,000 Consolidation of a central trash dumpster location for all the park users Soccer Field Stairs 70,000 Construction of a stairway from Vail Valley Drive to the Nature Center Bridge Nature Center Bridge Repair 230,000 The bridge may need to be replaced rather than repaired. Repair cost is $40,000. Replacement cost is 230,000. Subtotal Capital Maintenance 838,798 130,000 675,000 1,180,000 1,250,000 0 RETT5yrcapital 26 10/5/2000 Real Estate Transfer Tax Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Update 8/29/00 Estimated 2000 2001 2002 2003 2004 2005 Project Information Park Development Buffehr Cr Park Expansion 308,218 Complete construction of the Buffehr Creek Park with tot lot and possible rest room and natural area Donovan Park - Master Planning 164,060 Master planning for the Donavan Park facility (to be determined) Ford Park Playground Improvements 151,249 Finish project started in 1999 Donovan Park - Lower Bench Combined w/ 2001 Construction of a portion of park and access to park Construct community facility and necessary improvements. Finance $3 Donovan Park - Community Facility 10,000,000 million White Water Park 250,000 As approved by Town Council 2/29 Red Sandstone School Soccer Site 250,000 Junior size field, could go up to $650,000 Ellefson Park Development 601,000 Complete park at Arosa Garmisch Lionshead Park 790,000 Construction of a park to replace the Lionshead Park and meet the needs of the Lionshead Master Plan Booth Creek Park Redevelopment 830,000 Revamp the park Stephens Park Phase III 75,000 Community Garden/Basketball Court Tract A - West 360,000 Park construction per the Open Lands Master Plan to meet the needs of the community Subtotal Park Development 1,474,527 10,325,000 360,000 0 790,000 830,000 REMyrcapital 27 10/5/2000 Real Estate Transfer Tax Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Update 8/29/00 Estimated 2000 2001 2002 2003 2004 2005 Project Information Open Lands Butell 400,000 Land identified in the Open Lands Plan for acquisition to preserve open space located at the end of Willow Way Matterhorn Circle 350,000 Land identified in the Open Lands Plan for acquisition to preserve open space located at the end of Willow Way Snowberry 135,000 Land identified in the Open Lands Plan for acquisition to preserve open space located at the end of Snowberry Drive Subtotal Open Lands 0 350,000 0 535,000 0 0 Project Management 50,000 65,000 68,250 71,663 75,246 79,008 Funds a landscape architect/project manager to complete the projects Debt Service 289,000 289,000 2899000 289,000 289,000 Debt service to Finance Donovan Park Construction $3 million, over 15 years at 5% interest (Total Projects 3,293,004 12,366,232 3,444,708 3,813,479 4,060,585 3,449,678 Revenue Over (Linder) Expenditures 2,306,578 (6,004,815) 75,679 (553,983) (796,837) (181,529) Beginning Fund Balance 4,770,099 7,076,677 1,071,862 1,147,541 593,558 (203,279) Ending Fund Balance 7,076,677 1,071,862 1,147,541 593,558 (203,279) (384,808) REMyrcapital 28 10/5/2000 GENERAL ]FUND ]Five year Financial Projection Budget Budget Projected Projected Projected 2001 Incr 2002 Incr 2003 Incr 2004 Incr 2005 REVENUE Budget Factor Budget Factor Budget Factor Budget Factor Budget Taxes 13,761,370 14,219,321 Construction Fees 650,000 650,000 Licenses & Permits 75,400 75,400 Intergovernmental 1,501,253 1,531,491 Charges for Services 291,840 294,489 Parking Fees 1,763,000 1,763,000 Fines & Forfeits 209,458 194,350 Interest Income & Other Revenues 769,161 780,598 TOTAL REVENUE 19,021,482 19,508,649 19,996,365 20,496,274 21,008,681 Percent Increase in Revenue 2.47% 2.50% 2.50% 2.50% EXPENDITURES Salaries 8,522,732 5.0% 8,948,867 5.00% 9,396,310 5.00% 9,866,126 5.00% 10,359,432 Benefits 2,972,904 7.0% 3,181,006 7.00% 3,403,676 7.00% 3,641,934 7.00% 3,896,869 Wage & Benefit Savings (60,000) (60,000) (60,000) (60,000) (60,000 New Fire Station (New Personnel & Mtce) 250,000 5.00% 262,500 5.00% 275,625 Contributions & Special Events 720,220 2.0% 734,624 2.00% 749,317 2.00% 764,303 2.00% 779,589 All Other Operating Expenses 4,158,458 2.8% 4,275,742 4.00% 4,446,772 4.00% 4,624,643 4.00% 4,809,628 Capital Outlay 231,329 2.6% 237,441 200,000 200,000 200,000 Rental Operating 153,677 4.5% 160,547 4.00% 166,969 4.00% 173,648 4.00% 180,594 Contingency 95,000 0.0% 95,000 0.00% 95,000 0.00% 95,000 0.00% 95,000 Heavy Equipment Charges Operating 1,342,111 4.97% 1,408,813 5.20% 1,482,137 4.81% 1,553,378 4.82% 1,628,196 Heavy Equipment Charges Replace 396,163 0.00% 396,163 -2.18% 387,509 0.00% 387,509 0.00% 387,509 Dispatch Services 545,886 5.2% 574,394 5.36% 605,207 5.36% 637,659 5.37% 671,910 TOTAL EXPENDITURES 19,078,480 4.6% 19,952,598 5.87% 21,122,897 4.85% 22,146,699 4.87% 23,224,352 Percent Increase 5.23% 4.58% 5.87% 4.85% 4.87% Transfer from Capital Projects Fund 1,000,000 SURPLUS/(DEFICIT) (56,998) (443,949) (1,126,532) (1,650,425) (2,215,671) ENDING FUND BALANCE (See Note) 5,024,141 4,580,192 3,453,660 1,803,235 (412,436) Minimum Fund Balance 1,902,148 1,950,865 1,999,637 2,049,627 2,100,868 Difference Actual - Minimum FB 3,121,993 _ 2,629,328 1,454,024 _ (246,392) (2,513,304) NOTE: Ending Fund Balance Includes Health Insurance Fund Balance 5yr inprojOl 29 10/5/2000 DISPATCH SERVICES INTERNAL SERVICE FUND Five year ]Financial Projection Budget Budget Projected Projected Projected 2001 Incr 2002 Incr 2003 Incr 2004 Incr 2005 REVENUE Budget Factor Budget Factor Budget Factor Budget Factor Budget General Fund Contribution 519,891 5.2% 547,042 5.4% 576,388 5.4% 607,294 5A% 639,915 General Fund Capital Contribution 25,995 5.2% 27,352 5.4% 28,819 5.4% 30,365 54% 31,996 E-911 Revenue 184,000 5.2% 193,586 5.20% 203,652 5.28% 214,405 5.29% 225,747 Agency Capital Contribution 30,576 5.2% 32,172 5.4% 33,898 5.4% 35,716 5.4% 37,634 Agency Revenue 611,513 5.2% 643,448 5.4% 677,965 5.4% 714,319 5.4% 752,687 L TOTAL REVENUE 1,371,974 5.2% 1,443,601 5.34% 1,520,723 5.35% 1,602,099 5.36% 1,687,979 EXPENDITURES Salaries 825,387 50% 866,658 5.00% 909,991 5.00% 955,491 5.00% 1,003,266 Benefits 308,417 7.0% 330,006 7.00% 353,106 7.00% 377,823 7.00% 404,271 Operating Expenses 181,600 3.2% 187,412 4.00% 194,908 4.00% 202,704 4.00% 210,812 Capital Outlay 20,000 20,900 20,000 20,000 20,000 MTAL EXPENDITURES 1,335,404 5.2% 1,404,976 5.20% 1,478,005 5.28% 1,556,018 5.29% 1,638,349 SURPLUS/(DEFICIT) 36,570 38,625 42,718 46,081 49,630 ENDING FUND BALANCE 103,223 141,848 184,565 230,646 280,276 5yrtinproj0l 30 10/512000 HEAVY EQUIPMENT INTERNAL SERVICE FUND ]Five year Financial Projection Budget Budget Projected Projected Projected 2001 Incr 2002 Incr 2003 Incr 2004 Incr 2005 REVENUE Budget Factor Budget Factor Budget Factor Budget Factor Budget HEF Operating Charges 1,373,726 5.0% 1,441,999 4.88% 1,512,385 4.81% 1,585,080 4.82% 1,661,424 HEF Replacement Charges 411,913 0.0% 411,913 -313% 399,000 0.00% 399,000 0.00% 399,000 Body Repair Revenue 43,681 4.5% 45,647 4.50% 47,701 4.50% 49,847 4.50% 52,090 Misc Trade In 214,450 -74.0% 55,700 4.49% 58,200 -14.26% 49,900 154 11% 126,800 Interest Income 20,000 0.0% 20,000 0.00% 20,000 0.00% 20,000 0.00% 20,000 I~ TOTAL REVENUE 2,063,770 -4.3% 1,975,259 3.14% 2,037,286 3.27% 2,103,827 7.39% 2,259,314 EXPENDITURES Salaries, Wages 507,713 5.0% 533,099 5.00% 559,754 5.00% 587,742 5.00% 617,129 Benefits 192,215 7.0% 205,670 7.00% 220,067 7.00% 235,472 700% 251,955 Motor Fuels 282,250 7.6% 303,750 4.00% 200,900 4.00% 208,936 4.00% 217,293 Vehicle Insurance 37,668 5.0% 39,551 4.00% 41,133 4.00% 42,778 4.00% 44,489 Parts, Supplies Util., etc 231,200 5.0% 242,750 4.00% 252,460 4.00% 262,558 4.00% 273,060 All Other Operating Expenses 235,495 -2.8% 228,914 4.00% 238,071 4.00% 247,594 400% 257,498 Vehicle Replacement 789,000 -38.7% 483,600 4.00% 367,300 4.00% 523,450 4.00% 740,000 TOTAL EXPENDITURES 2,275,541 -10.5% 2,037,334 -7.74% 1,879,685 12.17% 2,108,530 13.89% 2,401,424 SURPLUS/(DEFICIT) (211,771) (62,075) 157,601 (4,703) (142,110) L ENDING FUND BALANCE _ 905,413 _ 843,338 _ 1,000,938 996,236 854,126 5yrfinprojOl 31 10/5/2000 U'.5 to-(O-oo 3 , Real Estate Transfer Tax Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Update 8/29/00 2001 2002 2003 2004 2005 Total Project Information Open Lands Butell 400,000 400,000 Land identified in the Open Lands Plan for acquisition to preserve open space located at the end of Willow Way Matterhorn Circle 350,000 350,000 Land identified in the Open Lands Plan for acquisition to preserve open space located at the end of Willow Way Snowberry 135,000 135,000 Land identified in the Open Lands Plan for acquisition to preserve open space located at the end of Snowbery Drive Subtotal Open Lands 350,000 0 535,000 0 0 885,000 Project Management 65,000 68,250 71,663 75,246 79,008 359,166 Funds a landscape architect/project manager to complete the projects (Debt Service 289,000 289,000 289,000 289,000 289,000 1,445,000 Debt service to Finance Donovan Park Construction $3 million, over 15 years at 5% interest Total Projects 12,366,232 3,444,708 3,813,479 4,060,585 3,449,678 27,134,681 Revenue Over (Under) Expenditures (6,004,815) 75,679 (553,983) (796,837) (181,529) (7,461,485) Beginning Fund Balance 7,076,677 1,071,862 1,147,541 593,558 (203,279) Ending Fund Balance 1,071,862 1,147,541 593,558 (203,279) (384,808) RETTSyrcapital 4 Real Estate Transfer Tax Fund Five Year Summary of Revenue and Expenditures Second Draft, (Last Update 8/29/00 2001 2002 2003 2004 2005 Total Project Information Park Capital Maintenance Bighorn Park - Safety Imp 60,000 60,000 Bring the playground and park up to current playground safety standards Red Sandstone Park -Safety Imp 70,000 70,000 Bring the playground and park up to current playground safety standards Pirate Ship Park - Safety Imp 80,000. 80,000 Bring the playground and park up to current playground safety standards f'W NU I t 960fULA)f5: Parking Lot 1,100,000 1,100,000 Develop the parking lot and entrance to the park Frontage Road 1,250,000 1,250,000 Improvements to the entire frontage of Ford Park required with the new entry and parking lot redesign East Access Roads 500,000 500,000 Construction of the east access road to allow loading and delivery to occur away from park development Central Trash 105,000 105,000 Consolidation of a central trash dumpster location for all the park users Soccer Field Stairs 70,000 70,000 Construction of a stairway from Vail Valley Drive to the Nature Center Bridge Subtotal Capital Maintenance 130,000 675,000 1,180,000 1,250,000 0 3,235,000 Park Development Donovan Park- Community Facility 1K 10,000,000 UWA/: fD~ uo A,3K f Kra 10,000,000 million Red Sandstone School Soccer Site 250,000 Q~ 250,000 Junior size field, could go up to $650,000 Lionshead Park cm0p 790,000 790,000 Construction of a park to repla a the L!'o sslh_ea~d Park nd meet t ne ds of the Lionshead Master Plan L{ n i1r~ h ~0 FOU ~Ybl.~ Booth Creek Park Redevelopment 830,000 <_:§ji~ Revamp the park 1JV49t U) Stephens Park Phase 111 75,000 75,000 Community Garden/Basketball Court Tract A - West (tom' 3 S I#e~ 360,000 60,000 ark construction per the Open Lands Master Plan to meet the needs of the community Subtotal Park Development 10,325,000 360,000 0 790,000 830,000 12,305,000 r RETTSyrcapital 3 Real Estate Transfer Tax Fund Five Year Summary of Revenue and Expenditures Second Draft, Last Update 8/29/00 2001 2002 2003 2004 2005 Total Project Information Recreation Path/Trail Development North Trail 80,000 80,000 Construction of trail from Red Sandstone Creek to Middle Creek Trail Signs 65,000 65,000 Create improved way finding to parks and trailheads Trailhead Development 20,000 20,000 20,000 20,000 20,000 100,000 Improve trailheads N. Frontage Rd. ( School to Interchange) 500,000 500,000 Create a separated path from the pedestrian overpass to the north side of the main interchange N. Frontage Rd. ( Timberidge to 450,000 450,000 Reconstruct the existing at-grade path as a separated path from Timberidge Buffehr Cr.) to the Brandess Building Katsos Ranch Bike Path Restoration & 160,000 160,000 Repair the path where washouts occur each year. By Pass in 2002 Soft Service By-Pass Lionshead Nature Trail 175,000 175,000 Construct the trail as part of the Lionshead and Open Lands Master Plans Vail Valley Drive Bike Lane 950,000 950,000 The bike path portion of the Vail Valley Drive street reconstruction project Frontage Road Bike Trail 500,000 550,000 1,050,000 Construct widened 6' shoulders along all frontage roads; first priority is Blue Cow Chute to East Vail, Phase 1 Subtotal Pathways 165,000 1,130,000 645,000 520,000 1,070,000 3,530,000 RETTSyrcapital 2 a s Real Estate Transfer Tax Fund Five Year Summary of Revenue and Expenditures Second Draft, Gast Update 8/29/00 2001 2002 2003 2004 2005 Total Project Information Revenue Real Estate Transfer Tax 2,900,000 .2,900,000 2,900,000 2,900,000 2,900,000 14,500,000 Golf Course Lease 113,417 117,387 121,496 125,748 130,149 608,197 Lottery Revenue 18,000 18,000 18,000 18,000 18,000 90,000 Lease Proceeds 3,000,000 3,000,000 Land Exchange Proceeds 265,000 265,000 Interest Income & Other 200,000 90,000 90,000 90,000 90,000 560,000 Recreation Amenity Fee 130,000 130,000 130,000 130,000 _ 130,000 650,000 r otal Revenue 6,361,417 3,520,387 3,259,496 3,263,748 3,268,149 19,673,197 Expenditures Annual Maintenance Administration Fee to General Fund 87,000 87,000 87,000 87,000 87,000 435,000 Rec Path Capital Maintenance 120,000 125,000 130,000 135,200 140,608 650,808 Capital maintenance of the town's rec path system Alpine Garden Support 38,500 38,500 38,500 38,500 38,500 192,500 Tree Planting & Pine Beetle Control 150,000 150,000 Provide additional trees to Vail's public areas Donovan Park Operating Costs 135,000 141,750 148,838 425,588 Park, Path & Landscape Maintenance 733,732 758,958 789,316 820,889 853,725 3,956,620 Ongoing path, park and open space maintenance Subtotal Maintenance 1,042,232 922,458 19092,816 1,136,339 1,181,670 5,375,515 RETTSyreapital 1 SUS 10-10-DO 0.~l~tiu 1 Results of Operating Revenues from 1995-1999 Actual 95-99 Actual 95-99 Actual 95-99 Total Percent of Total Avg Annual Above or Above or 2001 Revenue 1999 Revenue Percentage (Behind) (Behind) Budgeted 1995 Total Revenue 1999 Growth Inflation 95 Flat Increase t-' q$;' P~ Sales Tau s, a€' 60.9% $ 14,605,858 ^ 3.5% County Sales Tax 1.9% $ 459,664 3.5% f4a Property Tau Revenue tl. 8.4% $ 2,002,660 " . A 3.3% AWW"M 7.1% $ 1,710,061:' 2.0% t.lft Tax Revenue Road & Bridge Revenue, r ` 1.8% $ 423,671 2.0% Cigarette Tax - r:?3 0.5% $ 111,086 A"F M.. x w . Highway users Tax 0.9% $ 221,471 m,, `3r ,F+ ~ " S -1.4% :,:yss~,~c;d •`w:: ~.ar d `'~<X a°: ~,y 'z;°~'^~:~a< v"' a't'`.> ~°r Fines Forfeitures 0.9% $ 223,748 ;M -13.3% .*~'#',,icw L..,, r FEj~ ~,~~j(~~e ±~~'''g~` .,t4•,naZn }'~yy~~ ',~^4~'zt.'u'•~'k~Y''..""v':':vx.~°'S aTn. 4 ` 's@• ~ i.y'z".",'-a i" °%4•• y~r~7. W Parking Revenue 6.3/0 $ 1,513,610 AM, sw.,k sib ; ~ ~ 3 Franchise Fees :5. 9, " 2.4% $ 564,419 . , t1 2.1 N Building Permits kw;.•-.." 0.0% 2.2% $ 516,999 ~'.M,~-~~:a., ;q'172 93.35% $ 22,353,247 This analysis is saying that over the last four years the above revenues combined ha f6-e behind inflation by $1.2 million. Base Year Total 96-99 1995 1996 1997 1998 1999 Sales Tax 13,144,792 13,763,380 14,848,210 15,111,367 14,605,858 58,328,815 4.71% 7.88% 1.77% -3.35% 2.75% County Sales Tax 420,694 455,448 481,380 483,464 459,664 1,879,956 8.26% 5.69% 0.43% -4.92% 2.37% Property Tax Revenue 1,645,372 1,801,523 1,840,593 1,928,954 2,002,660 7,573,730 9.49% 2.17% 4.80% 3.82% 5.07% Lift Tax Revenue 1,965,650 2,049,074 2,065,245 2,043,210 1,710,061 7,867,590 4.24% 0.79% -1.07% -16.31% -3.08% Road & Bridge Revenue 504,979 489,800 531,006 429,385 423,671 1,873,862 -3.01% 8.41% -19.14% -1.33% -3.77% Cigarette Tax 131,173 125,646 126,855 127,669 111,086 491,256 -4.21% /-0.96% 0.64% -12.99% -3.90% Highway Users Tax 162,816 176,958 196,666 213,722 221,471 808,817 8.69% 11.14% 8.67% 3.63% 8.03% Fines & Forfeitures 252,618 277,408 212,815 235,954 223,748 949,925 9.81% -23.28% 10.87% -5.17% -1.94% Parking Revenue 1,809,432 1,965,120 1,870,892 1,624,210 1,513,610 6,973,832 8.60% -4.80% -13.19% -6.81% -4.05% Franchise Fees 521,239 530,692 533,894 548,385 564,419 2,177,390 1.81% 0.60% 2.71% 2.92% 2.01% Building Revenues 613,322 863,644 792,727 708,108 516,999 2,881,478 40.81% -8.21% -10.67% -26.99% -1.27% W5 (6-16-60 VtW-'9-1 Comparison of Expenditures by DF4Ka&-&0 artment U CJU,~ ,"`~s= s!3 ffune>rease Increase 2000 2001 Over (Under) Over (Under) ~jl,,~~~•g~O Original Proposed 2000 Original 2000 Original Budget Combined Budget Budget Budget by 4% Town Officials (V -,'CM, IA. CF- 966,278 1,085,256 12.31% 80,327 Q Administration r(6k,J6,U C" (5,Ye.PR. 49 2,001,277 2,186,275 9.24% 104,947 Community Development 1,089,761 1,147,810 5.33% 14,459 Police 3,314,195 3,290,502 -0.71% (156,261) Fire 1,439,244 1,390,578 -3.38% (106,236) Public Works & Streets 2,179,469 2,321,477 6.52% 54,829 Transportation Jlo~oi~tCl~,ade-u,~e-68 2,604,042 2,886,000 10.83% 177,796 AIPP -1k"-64u 55,903 58,775 5.14% 636 Library 677,304 753,121 11.19% 48,725 Special Events & Contributions 808,080 720,220 -10.87% (120,183) Dispatch 431,648 545,886 26.47% 96,972 Parking 323,359 372,739 15.27% 36,446 Facility Mtce 2,039,108 2,166,164 6.23% 45,492 Rental Housing 111,610 153,677 37.69% 37,603 General Fund 18,041,278 19,078,480 5.75% 315,551 Dispatch Services Fund 1,170,164 1,335,405 14.12% 118,434 Heavy Equipment Fund 1,850,239 2,275,541 22.99% 351,292 6) 5 -0o TOWN OF VAIL 2001-2002 BIENNIAL PROPOSED BUDGET SUMMARY OF REVENUE AND EXPENDITURES AND CHANGES IN FUND BALANCE 2001 2002 Beginning Operating Revenue Ending Operating atng Revenue Ending der) fund Estimated Proposed Ti~nsfers Over(Under) Fund Fund Estimated. Budgeted Transfers Over(Under) Fund Type/Fund Balance Itevem?e.'.Expendture .'In!(Out) „Expenditure Balance Revenue Expenditure, In/(Out) Ezpendttute $alance._ General Fund 3,339,061 19,021,482 19,078,480 (56,998) 3,282,063 19,508,649 19,952,598 (443,949) 2,838,114 Snecial Revenue Funds: _ Capital Projects Fund 6,909,074 9,064,385 10,041,122 (2,324,908) (3,301,645) 3,607,429 14,180,862 13,584,507 (2,328,929) (1,732, 74) 1,874,8 Real Estate Transfer Tax Fund 7,076,677 6,361,417 12,366,232 (6,004,815) 1,071,862 3,520,387 3,444,708 75,679 1,147,541 Vail Marketing Fund 0 336,700 336,700 0 0 336,700 336,700 0 0 Debt Service Funds: Town of Vail Debt Service Fund 142,623 2,324,908 2,324,908 0 142,623 2,328,929 2,328,929 0 142,623 Internal Service Funds: Heavy Equipment Fund 1,117,184 2,063,770 2,275,541 (211,771) 905,413 1,975,259 2,037,334 (62,075) 843,338 Health Insurance Fund 742,078 1,523,985 1,523,985 0 742,078 1,750,068 1,750,068 0 742,078 Dispatch Services Fund 66,653 1,371,975 1,335,405 36,570 103,223 1,443,600 1,404,976 38,624 141,847 ' ,1154,6914.42,715$25 44,839;8.2.0; 0 {2,12425 5) 7,73t1;34G;. Totals 19,393;;350 ,39,743,714 , : 49 $2,373 0 (9,538659) 9 fundsum02 4 10/9/2000 Ws 16.16.66 Capital Projects Fund Five Year Summary of Revenue and Expenditures Total 2001 2002 2003 2004 2005 2001-2005 Capital Maintenance Bus Shelter Replacement 20,000 10,000 10,000 10,000 10,000 60,000 Replace 1 old shelter each year and add a new one every other year Street Furniture Replacement 15,000- 15,000 15,000 21,000 21,000 87,000 Newspaper boxes in 2000 and replace, add street furniture Capital Street Maintenance 1,150,000 975,000 725,000 740,000 890,000 4,480,000 Preventive maintenance, patching, overlays and seal coats Subtotal Capital Maintenance 1,185,000 1,000,000 750,000 771,000 921,000 4,627,000 r0. n, Street Reconstruction ~ ~[.tl.~ ~ ~i&wUJL,~,~#~o.sacceaakJUL Vail Valley Drive 100,000 2,600,000 2,700,000 VV Drive Gold eak to Sunburst, and ll Creek Circle, with bike la West Half of East Vail 200,000 2,450,000 2,650,000 Bridge Rd, Columbine Dr, Spruce Way, Spruce Dr, Meadow Dr, Juniper Ln Subtotal Street Reconstruction 100,000 2,600,000 200,000 2,450,000 0 5,350,000 Capital Projects Fund Five Year Summary of Revenue and Expenditures Total 2001 2002 2003 2004 2005 2001-2005 Revenues: Sales Tax 6,685,065 6,919,042 7,161,209 7,411,851 7,671,266 35,848,433 In 2000 allocates S250k to GF. Growth at 3.5%. Sales tax split between GF and CPF is 57 %and 43% respectively a change from 55.5% and 44.5% Lease Revenue 149,480 149,480 149,480 149,480 149,480 747,400 Lease revenue from City Market & employee housing land lease CDOT Reimbursement 1,000,000 1,000,000 Reimbursement for the roundabout construction Fire Station Lease Proceeds 5,000,000 5,000,000 Lease purchase the new fire station Parking Assessments 12,340 12,340 24,680 Revenue from Parking Pay-in-Lieu Program Buy-Down Program 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,000,000 Sale of Deed Restricted Units Purchased by the Town Sale ofArosa Garmish Units 1,117,500 1,117,500 Interest Income & Other 100,000 100,000 100,000 100,000 100,000 500,000 Total Revenue 9,064,385 14,180,862 8,410,689 8,661,331 8,920,746 49,238,013 Expenditures: Equipment Purchases Fire Truck Replacement 640,000 485,000 1,125,000 Replace trucks at the end of their useful lives Fire Truck Addition 420,000 420,000 Additional truck for third company Technology Upgrade 50,000 50,000 50,000 50,000 50,000 250,000 Allocate a portion of capital projects fund to keep up with technology Software & Hardware Upgrades 141,750 179,135 320,885 Replacement of PC's Web Page Development/Ecommerce 100,000 100,000 100,000 300,000 Web page development and future credit card payments Reposer Buses 152,000 160,000 312,000 Replace transmissions and engines to extend useful life Replace Buses 2,020,000 1,381,000 1,480,000 1,170,000 6,051,000 Replace buses at end of useful lives for outlying routes only 800 MHz radio system 152,372 152,372 152,372 457,116 Principal and interest payments to lease purchase radios in 1998 Subtotal Equipment Purchases 3,104,122 1,914,507 2,362,372 1,220,000 635,000 9,236,001 Capital Projects Fund Five Year Summary of Revenue and Expenditures Total 2001 2002 2003 2004 2005 2001-2005 Buildings & Improvements Library Building Remodel 75,000 75,000 Remodel of the Library Building, Community Room and Public Restrooms - adds maintenance Medians in Frontage Road 500,000 500,000 From roundabout to Blue Cow chute, includes signing, lighting and landscaping - adds maintenance costs Remodel Main Vail Fire Station 50,000 50,000 To Accommodate New Ladder Truck Complete Remodel of Main Vail Fire Station Will need Complete Remodeling (When?) Fiber Optics in Buildings 100,000 100,000 Community Room at Vail Commons 300,000 A community room in the Bright Horizons space - adds maintenance Way Finding Improvements 50,000 1,200,000 1,250,000 Includes signs in town, on I-70, and in parking structures - adds maintenan Town Shop Imp - Storage Project 750,000 750,000 Replace the storage at old town shops Town Shop Imp -Retaining Wall 2,100,000 2,100,000 Construction of back retaining wall to create space for expansion Town Shop Imp - Streets building 1,725,000 1,725,000 Construction of new streets dept. building Parking Structurelmprovements 405,000 470,000 435,000 535,000 440,000 2,285,000 Various Parking Structure Improvements General Facility Inprovements 142,000 145,000 305,000 324,000 260,000 1,176,000 Various Facility Capital lmprovemen.9 k (T(. 6p4 bI Ab (3) West Vail Fire Station 5,000,000 5,000,000 Estimated cost to build new fire station - adds maintenance Vail Fire Station - Debt Service 42 , //0 420,000 420,000 420,000 420,000 2,100,000 Debt service on new fire station Subtotal Buildings Improvements 1,942,000 6,785,000 3,260,000 3,104,000 2,320,000 17,111,000 A 1r /n 4/„ {bk' ( WW 0.I t rV lSl' 6 • ~~d UaG~ e i MVO G~f 4&P Capital Projects Fund Five Year Summary of Revenue and Expenditures Total 2001 2002 2003 2004 2005 2001-2005 Streetscape Projects West Meadow Drive 2,000,000 2,000,000 Construct streetscape plan, drainage lighting public art and landscaping - adds maintenance from Library to Fire Station Subtotal Streetscape Projects 2,000,000 0 0 0 0 2,000,000 Housing Program Arosa Garmisch Units 400,000 400,000 To Finish Project Buy-Down Program 1,100,000 1,100,000 1,100,000 1,100,000 1,100,000 5,500,000 Purchase Price of Deed Restricted Units, Includes S100k Subsidy Subtotal Housing Program 1,500,000 1,100,000 1,100,000 1,100,000 1,100,000 59900,000 Other Improvements ADA Compliance 10,000 10,000 10,000 10,000 10,000 50,000 Allocate money for unspecified projects Lionshead Financing 25,000 25,000 Design costs to implement Town improvements Street Light Improvement Program 75,000 75,000 75,000 75,000 75,000 375,000 Add new street lights and refurbish residential lighting program Drainage Improvements 100,000 100,000 100,000 80,000 84,000 464,000 Continue implementation of drainage master plan Subtotal Other Improvements 210,000 185,000 185,000 165,000 169,000 914,000 . Total before Transfers 10,041,122 13,584,507 7,857,372 8,810,000 5,145,000 45,138,001 Transfer for Debt Service 2,324,908 2,328,929 2,334,053 2,332,153 2,331,703 11,651,746 To fund debt service on all Town bonds ,Total Expenditures 12,366,030 15,913,436 10,191,425 11,142,153 7,476,703 56,789,747 Revenue Over (Under) Expenditures (3,301,645) (1,732,574) (1,780,736) (2,480,822) 1,444,043 (7,851,734) Transfer From or (To) Other Funds (1,000,000) Ending Fund Balance 2,697;429 874,855 (905,881) (3,386,703) (19942,660), ~ bbb, 600 ECSD: BOE Members http://ecsd2.re5Oj.kl2.co.us/ECSD/borededu/BOE_members.html ~-n~nx7~oEs~e.Cnloa~os1631®LS70)32~6321 Eagle, CO 88631 board of Education e>run H Phone a Pax Pon Member District Mailing Address i>res (970) 970 (970) Ex I....... Box 1145 Wendy Be ~2001 cker F 949-1753. : 949-1753: 949-1781 Avon CO 816201 Barbara Box 65 Schierkolk D ! 2003 Eagle, CO 1328-0816: 328-0814 Secretary/treasurer: 81631 Box 6251 1 Jim Bottomley, VP? G 2001 0 949-4879 748-3098 Avon, CO 8162 Box 953 Cass Mason A 2001 Minturn , CO 827-5275 827-5876: 827-4180:: 81645 jBox Nancy Reid B 2001 0181658 X476-2793: 476-9225 Vail, C351 I Box 2626 Jerry Nichols C 2001 Edwards, CO 926-2626 827-9300: 827-9411 81632 Tim McMichael, Box 1088 President E 2001 Gypsum, CO 524-1088: 963-0950 524-1088 81637 revised 911112000 1 of 1 10/16/2000 2:24 PM 10-16-00; 3:50PM;E.C. COMMISSIONERS Vail, Town of ;9703287207 # 1/ 1 OFFICE OF THE BOARD OF COMMISSIONERS ? (970) 328-8605 FAX (970) 328-7207 3 TDD (970) 328.8797 TOM C. STONE Email; Eagleco@vail.net JOHNNETTE PHILLIPS http: //www.eagle-county.com MICHAEL L. GALLAGHER October 162000 (3:43PM) EAGLE COUNTY, COLORADO AMENDED AGENDA BOARD F O"UN 1'Y COMMISSIONERS Z"-'%)Pt`:--:3Ur"'1AL MEETINU` OCTOBER 18, 2000 ~4 * ~Y k 'k Yc th k of yc k YF ~ k Yr Ye k Yr :k rt * * * ie of t if 1k * nY fe * Y 'k YF 4r 7r is PUBLIC HEARING ADD 1. 8:00 A. M. - 8:05 RESOLUTION AMENDING RESOLUTION 92-209 CHANGING THE RATE OF PASSENGER FACILITY CHARGE Robert Loeffler, County Attorney 2. 8:08 A.M. -12:00 PLANNING FILE Eagle County Room A. 1 041 -30/SSA-0008 & SSA-0009 ADAM'S RIB FROST CREEK LOCATION: Approximately seven miles south of Eagle, Colorado along Brush Creek Road. ACTION: Major extension of an existing water system; the construction of a major new water and sewer treatment system and the efficient utilization of the municipal water projects to serve Frost Creek Development. THE NEXT MEETING OF THE EAGLE COUNTY COMMISSIONERS WILL BE HELD ON OCTOBER 23, 2000 ALL MEETINGS WILL BE HELD IN THE EAGLE COUNTY BUILDING - 500 BROADWAY, EAGLE- OR OTHERWISE NOTED. THIS AGENDA IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY -ALL TIMES ARE APPROXIMATE. THE BOARD WHILE IN SESSION MAY CONSIDER OTHER ITEMS THAT ARE BROUGHT BEFORE IT. SCHEDULED ITEMS WILL BE CONTINUED TO THE NEXT DAY IF THE BOARD IS UNABLE TO COMPLETE ITS AGENDA AS SCHEDULED. Eagle County Building, 500 Broadway, P.O. Box 850, Eagle, Colorado 81631-0850 Vail Councilor 75 S. Frontage Road Vail, Colorado 81647 Greetings Vail Councilors: I'm the one who wrote to you with concerns about my belongings being stolen in the Vail Parking Structure. I was wondering how things were coming with the surveillance in the structure? I hadn't heard a word from you, and am curios if there is any way I can help expedite the process. How am I you ask? Well, I've had one hell of a month. Replacing all credit cards and putting a seven-year hold on all credit inquiries can be a real pain. Explaining to creditors that you don't remember the password you set six years ago is also frustrating. While in Seattle, I bought an inferior wallet to replace my ultra cool leopard print wallet that was stolen. Remember my writing notebooks that were stolen? Well, I've written several other pages of motivated prose, not that it replaces the Summer of 2000 material. Have you addressed my concerns in one of your meetings? When are they held? I'd like to attend. I'll ask my question again- Are Vail locals really safe to leave their car in the parking structure? I may be a crime statistic now, but I know that others have had their belongings stolen in the parking structure as well. What can we do to change this? How do we make Vail locals and the tourists who supplement the economy feel safer? Would surveillance intimidate criminals to go elsewhere or would a constant security guard presence help? Let's work on an answer. If we cannot do something about it in the near future, Why? I would be curios about your priorities as Vail Councilors. The safety and well being of Vail residents is at stake. This issue will not go away. My experience with theft in the parking structure is not an isolated incident- it's an epidemic. Sincerely, Jaynel Attolini i -iL iti 1[AN SURGffCA L ASSOCUT ES General, Thoracic and Vascular Surgery Complete Non-Invasive Vascular Testing 326 Monticello Avenue Telephone (757) 229-4958 Williamsburg, VA 23185 Fax (757) 229-3118 John M. ]Pitman, Jr., M.DL, RA.CS. Dark lP. Moniz, M.D. OCTOBER 6, 2000 THE TOWN COUNCIL TOWN OF VAIL 75 S. FRONTAGE ROAD W. VAIL, CO 81657 TO WHOM IT MAY CONCERN: MRS. PITMAN AND I ARE THE OWNERS OF VAIL GOLF COURSE TOWNHOUSE UNIT 3, WHICH SITS ON TOP OF THE HILL. WE LOVE THE VIEW FROM OUR WINDOW OF THE GORE RANGE OF THE GOLF COURSE, AND WE ARE CROSS COUNTRY SKIIERS, AND EVERYDAY WHEN WE ARE IN VAIL WE GO CROSS COUNTRY SKIING ON THE GOLF COURSE, WHICH TAKES US BY THE NORDIC CENTER AND THE ICE RINK. IT IS AN ATTRACTIVE AND LOVELY SITE. THE IDEA OF PUTTING A BUBBLE OVER THIS ICE RINK TO US IS A SACRILEGE. I CERTAINLY AGREE THAT THE DESCRIPTION OF A BEACHED WHITE WHALE IS ENTIRELY APPROPRIATE. WE THINK THAT THE TOWN COUNCIL AND THE TOWN OF VAIL ARE TOTALLY INAPPROPRIATE IN THEIR INTESEST IN PUTTING A BUBBLE ON THIS FACILITY. PLEASE LEAVE IT THE WAY IT IS AND APPRECIATE THE BEAUTY OF WHAT WE HAVE. DO NOT DESTROY THIS LOVELY AREA WITH SUCH AN INAPPROPRIATE STRUCTURE. SINCERELY, , DR. J N M. PITMAN, JR., M. , F.A.C.S. AND MRS. HELENE W. PITMAN Cc: Mr. Bill Sargent, Crossroads Realty Councilwoman Diana Donovan Mario Cottony, Member Board Phase III Golf Course Townhomes 1006-9/JMPJ/wk October 13, 2000 Vail Town Council C/O Town of Vail 75 South Frontage Road Vail, CO. U657 Ref: Value ParkingNail Parking Structures Dear Council Members,- I am very . much . p,-,,ed to the changing.of the "Value Parking" on the upper level of the Vail parking structure.- Changing .100 parking paces at-the Vail.-Structure and 38 pazking.spaces at the Lionshead structure for Valet at $20 a day on Friday through Sunday is not in the best interest of the families that live in_VaiL It seems like you are trying to cater to the high-end people and take away the parking space of the local community- Most people in the Vail Valley work during-the week and can only. ski on the weekends with their families. This-proposal would have.them-paying $20 for valet or $15 in the structure. The. other.alternative for families is then to go to Beaver Creek Is that what your goal is? I thought the. Town of Vail was trying to attract.not. upset- the,community._ I pay my r, up,.rty taxes, pay sales tax, and surr.,x t local restaurants and shops. I urge you to leave the benefit of reduced parking as it has been for the locals. Sincerely, #9_Potato, Roge Patch . 81657 Home phone 479-9535 Nn [EBST[ER ATW[E1..,L RR 1390 BUFFEHR CREEK ROAD #1 VAIL, COLORADO 81657 10/13/2000 Town Council C/o Town of Vail 75 South Frontage Road Vail, CO 81657 RE: value%®upon parking @ Village Parking Structure Dear Town Council: I am concerning about the upcoming possible changes with the value/coupon parking on the top level of the Village Parking Structure. Last year I (and many others who park there) was surprised and not notified of the valet parking, which took over part of the value/coupon parking. Obviously, the Town of Vail was trying to increase its revenue. However, I have paid for this privilege before this occurred and feel that this change was unfair and deceptive. I hope that the Town of Vail leaves this area alone. This is for the locals who work and live here. Furthermore, the idea of sending Vail Village parkers to Lionshead on the weekend is cetainly not the solution weas well. Valet parking is a great idea and service for the public. However the location needs to be somewhere else. Why don't you use the parking at Ford Park and let the Valet Parking attendants use a Town of Vail vehicle for shuttle purposes to/from the new Valet Location? I understand that the revenue issue is real, however, a better solution must be found. This parking is for the locals, not the tourists. Sincerely, 4 V~ Web Atwell cc: locals October 13, 2000 Vail ,Town Council C/O Town of Vail 75 South Frontage Road Vail; CO. 81657 .Ref: Proposed changes in the Value Parking.at. theParking Structures Dear Council-Members, I have read numerous articles-inthe. Vail-Trail and Vail Daily newspapers on the ~,,.,,p aed rate changes in -parking structures. I am very much opposed to the changing ofthe "Value Parking' on the upper level of the Vail-parking structure. The proposal-as-I understand it is to have 100 parking space at the Vail Structure and 38 parking space at the Lionshead structure free Monday through Thursday and then those space would be usedfor "Valet"..at $20_a day on Friday through_Sunday. Why use the-parking, structures for Valet? The idea behind valet parking.is to be able to drive to a desirable location unload, then let the valettake you car away and have it ready for you later on_ I would think you would want to be able to have-people drive.close to the. slopes somewhere like the area around the Lodge at Vail. They could unload walk right over to the ticket counter and-then they are on their way. Then park the car-is_stored at-a_remotelocation- Danottake-awayparkingspaces-inthestructures... Many of us-work durin&the week_and.can-only ski-on-the weekends.- Sowith this-proposal we would have to either_pay $20 for valet or $12-to $15-in the structure. Come.on;-give us folks that work hard for this community a break . We-pay taxes, sales tax,.support local restaurants and shops. We talk up the area and invite our friends out who bring money to the valley. Give us a Value as in the past. IF you make .this.change you all will certainly cause a.sour-taste.in thepeople.that voted for you. Very truly yours, Rick Rogers 799 A Potato Patch Vail,. CO. 81657 Work phone 479-7533