HomeMy WebLinkAbout2010-17 Annual Budget 2011 � s
l
ORDINANCE NO. 17
SERIES OF 2010
ANNUAL APPROPRIATION ORDINANCE: ADOPTING A BUDGET AND FINANCIAL
PLAN AND MAKING APPROPRIATIONS TO PAY THE COSTS, EXPENSES, AND
LIABILITIES OF THE TOWN OF VAIL, COLORADO, FOR ITS FISCAL YEAR
JANUARY 1, 2011 THROUGH DECEMBER 31, 2011
WHEREAS, in accordance with Article IX of the Charter of the Town of Vail,
Colorado, the Town Manager prepared and submitted to the Town Council a proposed
long -range capital program for the Town and a proposed budget and financial plan for all
Town funds and activities for the fiscal year; and
WHEREAS, it is necessary for the Town Council to adopt a budget and financial
plan for the 2011 fiscal year, to make appropriations for the amounts specified in the
budget; and
NOW, THEREFORE, be it ordained by the Town Council of the Town of Vail,
Colorado, that:
1. The procedures prescribed in Article IX of the Charter of the Town of Vail,
Colorado, for the enactment hereof, have been fulfilled.
2. Pursuant to Article IX of the Charter, the Town Council hereby makes the
following annual appropriations for the Town of Vail, Colorado, for its fiscal year
beginning on the first day of January, 2011, and ending on the 31 st day of December,
2011:
FUND AMOUNT
General Fund 28
Capital Projects Fund 17,789,831
Real Estate Transfer Tax Fund 9
Vail Marketing Fund 316,100
Debt Service Fund 2
Heavy Equipment Fund 3
Health Insurance Fund 3,405,000
Dispatch Services Fund 3
Total 68,152,381
Less Interfund Transfers 8
Net Expenditure Budget 59,910,201
Ordinance No. 17, Series of 2010
3. The Town Council hereb adopts the full and complete Bud and Financial
Plan for the 2011 fiscal y ear for the Town of Vail, Colorado, which are incorporated b
reference herein and made part hereof, and copies of said public records shall be made
available to the public in the Municipal Buildin of the Town. This Ordinance shall take
effect five (5) da after publication followin the final passa hereof.
4. If an part, section, subsection, sentence, clause or phrase of this ordinance is
for an reason held to be invalid, such decision shall not affect the validit of the
remainin portions of this ordinance; and the Town Council hereb declares it would
have passed this ordinance, and each part, section, subsection, sentence, clause or
phrase thereof, re of the fact that an one or more parts, sections, subsections,
sentences, clauses or phrases be declared invalid.
5. The Town Council hereb finds, determines, and declares that this ordinance is
necessar and proper for the health, safet and welfare of the Town of Vail and the
inhabitants thereof.
6. The repeal or the repeal and reenactment of an provision of the Municipal Code
of the Town of Vail as provided in this ordinance shall not affect an ri which has
accrued, an dut imposed, an violation that occurred prior to the effective date hereof,
an prosecution commenced, nor an other action or proceedin as commenced under
or b virtue of the provision repealed or repealed and reenacted. The repeal of an
provision hereb shall not revive an provision or an ordinance previousl repealed or
superseded unless expressl stated herein.
7. All b orders, resolutions, and ordinances, or parts thereof, inconsistent
herewith are repealed to the extent onl of such inconsistenc This repealer shall not
be construed to revise an b order, resolution, or ordinance, or part thereof,
theretofore repealed.
INTRODUCED, READ ON FIRST READING, APPROVED AND ORDERED
PUBLISHED ONCE IN FULL, this 2nd da of November, 2010. A public hearin shall
be held hereon on the 16th da of November, 2009, at 6:00 pm at the re meetin of
the Town Council of the Town of Vail, Colorado, in the Municipal Buildin of th own.
N " 4
WOE r
Dick Cleveland, Ma
A
. 0� N . o
��ori E#naldso'n, Vow Clerk of
Ordinance No. 17, Series of 2010
000606 •
�ADO�.r•
READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED IN
FULL this 16th day of November 2010.
Dick Clevelan , M or
ATTEST:
. •s•
•
Jri oonaldson, Town Clerk SEAL z
c
LOR
Ordinance No. 17, Series of 2010
i