HomeMy Public PortalAbout2017 DOLA SubmittalDecember 7, 2016
Mayor Vandernail and the Board of Trustees are pleased to present the 2017 Budget.
The Town Board has expressed a strong commitment to ensuring the fiscal sustainability of the
organization while providing the highest level of service within our available resources.
Throughout the Budget Process, the Town Board has identified challenges that threaten near
term fiscal sustainability for the organization. Further, absent effective mitigating actions by the
Town, the impact of these challenges may result in significant reductions to levels of service,
changes to the Town's tax structure, and/or increases in service fees. These challenges are
summarized as follows:
• Sales tax revenues provide approximately 75% of the revenue in the General Fund
which provides for the general operations of the Town. The Fraser business community
is relatively small, therefore otherwise minor changes can have a significant impact on
revenues that are relied upon for general operations. The opening of a new grocery
store in Winter Park in 2017 will most certainly have a negative impact on Fraser sales
tax revenues. However, the extent of that impact is uncertain.
• Our long range plans, policies and codes need review, especially in North Fraser, to
confirm that they accurately reflect our community vision for the future.
• The desire to coordinate and improve solid waste management programs, energy
efficiency, and best business sustainability practices.
• While the Town of Fraser has made great strides to improve its records management
programs, this is a critical function for the organization and needs further resources to
ensure effective and efficient management of our community's public records.
• Demands on the Public Works Department exceed current resources in the department,
especially in terms of winter snow management, water and sewer operations, and open
space and trails maintenance.
• Absent significant investment in water system infrastructure, the Town may not be able
to meet its mission of providing a safe, reliable, and sustainable water supply into the
future.
• Inflow and infiltration into the Town's wastewater collections system is resulting in
operational challenges at the Upper Fraser Valley Wastewater Treatment Facility which
will require multi -million dollar capital projects at the Facility to avoid violations of our
permits, unless we act to reduce the collection system inflow and infiltration problems.
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 2
Colorado municipalities are required to adopt an annual budget. In addition to identifying
revenue sources and amounts, the budget identifies the Town Board's vision and hopes for the
community via proposed expenditures. Over the course of the year, the Budget provides the
framework for the annual work plan, all programs, projects, and services (and levels of service)
to be provided to the community. The total expenditures appropriated in the annual budget
cannot be exceeded unless an amended budget is adopted after proper hearings. The annual
budget cannot provide for deficit spending, unless appropriate additional funds are provided
(such as those from committed reserve accounts).
Budget adoption is a public policy exercise that must comply with certain statutory requirements.
The Town's process meets and exceeds all such requirements. While only one public hearing
is required, the Fraser Town Board conducted three hearings. These hearings occurred on
November 2nd, November 16th, and December 7th 2016. The Water and Wastewater Committee
was also instrumental in considering rates for the Water and Wastewater Funds.
The baseline services provided for in the 2017 budget are proposed to be delivered at the same
level of service as provided in 2016. These baseline services include:
• Public Works, including maintenance of streets, trails, parks, and other assets; Water
production and distribution to Fraser residents and guests; Wastewater collections and
treatment.
• Administrative services, including financial and records management, and general
municipal administration.
• Community Development, including planning review of new development, long range
strategic planning, and other planning and building services.
• Provision of Law Enforcement (including municipal court and animal control) and
Building Inspection Services via intergovernmental agreements with the Town of Winter
Park.
• Operation of the Upper Fraser Valley Wastewater Treatment Facility on behalf of the
Town of Fraser, Winter Park Ranch Water and Sanitation District, and Grand County
Water and Sanitation District #1.
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 3
In addition to the baseline services, the Town Board included provisions in the 2017 Budget to
mitigate the challenges facing the community as identified above. These include:
The Town Board hopes to convey a strong message in the 2017 Budget that Fraser is
"Open for Business."
o In lieu of funding 2017 Chamber of Commerce Marketing initiatives, the Town
Board is redirecting those funds toward Fraser business initiatives and downtown
improvement plans.
o The Town of Fraser will be creating a new staff position focused on Fraser local
business initiatives.
o The Town Board remains committed to the Business Enhancement Grant
Program with a $25,000 appropriation.
o Fraser will continue to provide a $5,000 contribution to the Grand Enterprise
Initiative. This countywide initiative is designed to provide business owners free
confidential support and assistance, with the goal of growing local businesses.
$15,000 is provided for implementation of the recommendations of the waste diversion
study. This includes development of a new pay as you throw drop off facility for trash
and recycling.
The Water and Wastewater Funds include budget appropriations for significant capital
projects as identified in the Capital Improvement Plans.
In addition to the above, the following are noteworthy additions and funding changes from the
2016 Budget:
• On November 3, 2015, voters approved an increase in the municipal sales tax rate from
4% to 5% to fund transit, trails, and capital projects, beginning on January first 2016. In
2017, Fraser remains committed to enhancing transit and trail facilities within the
community.
• The Town Board has not increased service fees for water and sewer in 2017 and has
directed staff to adjust accordingly with operations and capital expenditures.
• Revenues and expenditures in the Debt Service Fund will decrease because we are
paying off our outstanding bonded debt in 2017. All expenditures related to the pay-off
will be funded from reserves with in the Debt Service Fund.
• Legal and engineering fees in the General Fund, Water Fund and Wastewater Fund
have been increased in anticipation of ongoing matters that require this support. These
include water diligence matters, protection of the Town's interests as Byers Peak Ranch
pursues new water rights and county development approvals, and wastewater permitting
matters.
• 117 Eisenhower (the Historic Church and Community Center) will be painted in 2017.
The budget provides $18,000 for this work.
• As recommended by the Public Arts Committee, the Town Board has made a $7,500
commitment to the Arts in Public Places Program.
• Ongoing demands in day to day operations are being assisted with the funding of; a new
administrative sergeant position in the Police Department, and conversion of two
seasonal Public Works positions to year round full time positions.
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 4
Town Board salaries have not been increased, but expenditures out of that line have
increased as a result of the establishment of two new advisory bodies, the Public Arts
Committee and the Economic Development Advisory Committee.
Purchase of a new loader for the Public Works Department is anticipated to replace the
1996 Loader. This is an important asset in our snow management operations.
A significant project, estimated at $250,000, is anticipated in the Water Fund to address
problems in the water system encountered in 2016 near Eisenhower and Leonard.
Additionally, the Board directed staff to include the following in the 2017 work plan, though
minimal funding has been appropriated:
• Begin exploration and evaluation of opportunities to enhance broadband services.
• Continue to make progress on the Housing Work Plan.
• Seek grant funding for pedestrian enhancements around the Holiday Inn Express
(intersection of US40 and CR804). The Board appropriated $50,000 as a challenge for
staff to find a cost effective solution to pedestrian connectivity in the area.
• The Board also has challenged staff to seek funding for pedestrian crossing
improvements in Downtown Fraser.
• Pursue changes to our Budget process to implement Program Based Budgeting.
Funds
The Town's Budget includes the following funds:
• General Fund (GF), which provides for the general functions and services such as
administration, planning, law enforcement, streets and properties.
• Restricted Revenue Fund (RRF), a fund to account for sales tax revenues restricted
to transit, trails, and capital projects.
• Conservation Trust Fund (CTF), which is funded by lottery proceeds and provides for
open space and recreational capital projects.
• Capital Equipment Replacement Fund (CERF), which provides for vehicle and heavy
equipment purchases.
• Capital Asset Fund (CAF), which is intended to fund long term maintenance of capital
assets (streets, buildings, parks, trails, etc).
• Debt Service Fund (DSF), which provides for debt service payments.
• Fraser River Enhancement Project Fund (FREP), which was utilized for the Fraser
River Enhancement Project to provide transparency and accountability for the project.
• Water Fund (WF), an enterprise fund for the Town's water utility.
• Wastewater Fund (WWF), an enterprise fund for the Town's wastewater utility.
• Joint Facilities Fund (JFF) O&M and the Joint Facilities Fund CRR, both of which
provide for operations and capital projects at the Wastewater Treatment Plant.
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 5
Reserves
The Fraser Town Board adopted significant amendments to the Town's Financial Policies (see
Resolution 2015-12-14). In addition to updating the financial standards and expectations
established by the Board, the policies include new reserve policies and goals. Additionally, in
order to clearly identify the Town's financial position the Budget format has been amended. At
the bottom of each fund, the available reserves are identified.
Budget Process
The budgeting process is continuous throughout the year, as we continually monitor revenues
and expenses against the current adopted budget.
Budget development for the following year begins mid -year in the offices of the Town Manager
and Finance Manager as trends are identified and work plans for the current year are evaluated.
Around this time budget requests and proposals for the following year start to be identified and
are submitted by department heads, the Town Board, and other outside entities.
While only one public hearing is required, the Town of Fraser hosts three public hearings
to ensure that the community has ample opportunity to engage in this process. In 2016,
the Town Board conducted three hearings (November 2n1, November 161h, and December
7th )
The Town's Budget is one of the most important matters considered by the Town Board that
directly affects every resident, guest, business, and property owner within the community.
Budget Basis
The 2017 budget is prepared in accordance with the laws of the State of Colorado and
has been prepared using the Modified Accrual basis of accounting. Under this method, the
focus is on current financial resource measurement whereby revenues are recognized
when they become both measurable and available (except for unmarred interest on long-
term debt which is recognized when due). Measurable means the amount of the
transaction that can be determined and available means collectible within the current
period or soon enough thereafter to be used to pay liabilities of the current period.
The budgets for the enterprise funds are prepared using the accrual basis of accounting,
meaning that revenues and expenses are recognized when they are earned or incurred.
Thank you on behalf of the community!
Mayor Vandernail and the Board of Trustees, as well as staff, appreciate the time,
effort, and consideration invested by so many in this important process.
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 6
Supplemental Lease/Purchase Information
(Required by C.R.S. 29-1-103 (d) (II))
General Fund
FroDo Property
Year Principal Interest Total
2017 - 2018 $106,294 $85,575
2019 - 2023 $135,403 $56,466
2024 - 2028 $153,298 $19,386
Capital Equipment Replacement Fund
Street Sweeper
Year Principal Interest
2017 $44,254.00 $1,163.87
$191,869
$191,869
$172,684
Purchase Price
$0
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 7
12/1/2016
GENERAL FUND
TAXES
General Fund Property Tax
Specific Ownership Tax
Motor Vehicle Tax
Town Sales Tax
Use Tax - Building Materials
Use Tax - Motor Vehicle Sales
State Cigarette Tax
Franchise Fees
Sub -Total
LICENSES & PERMITS
Business License Fees
Regulated Industry Fees/Taxes
Sub -Total
INTERGOVERNMENTAL
Grants
Sub -Total
CHARGES FOR SERVICES
Annexation Fees
Zoning Fees
Subdivision Fees
Miscellaneous Planning Fees
Affordable Housing Impact Fee
Fees in Lieu of Park Land
WTHP Revenue
Sub -Total
FINES & FORFEITURES
Court Fines
Police Dept. Sur -Charge
Sub -Total
MISCELLANEOUS REVENUE
Interest Earnings
Rental Income
Sale of General Fixed Assets
Reimbursable - Mustang
Reimbursable - Prof Services
Reimbursable - Night Shuttle
Miscellaneous Revenue
Sub -Total
2014
Actuals
196,488
10,682
4,420
1,738,348
165,397
66,954
4,277
55,006
2,241,572
13,663
28,806
42,468
10,000
10,000
0
2,500
15,400
1,905
0
0
0
19,805
0
0
0
3,156
11,420
6,163
0
178,944
0
34,660
234,343
2015
Actuals
197,417
11,677
4,661
1,847,259
256,425
73,137
3,792
54,795
2,449,163
13,100
103,378
116,478
82,847
82,84�_
275
8,925
29,550
2,300
0
0
0
41,050
0
0
0
5,161
15,615
0
0
110,064
0
22,666
153,507
12/31/2016
2016 2016 2016
Budget Year to Date YEE
201,082 199,838 201,500
10,200 10,316 11,500
4,200 4,012 4,200
1,800,000 1,642,670 2,175,000
85,000 318,602 335,000
60,000 63,239 68,000
4,000 2,972 3,650
52,000 40,637 52,000
2,216,482 2,282,285 2,850,850
13,000 10,324 10,444
50,000 100,340 110,500
63,OOO 110,664 120,944
97,000 12$,2a 133,203
97,000 128,2031 133,203
1,000 0 0
1,500 2,000 2,000
1,500 5,450 5,450
1,000 7,116 7,116
0 0 0
0 0 0
0 0 0
5,OOO 14,566 14,566
0 0 0
0 0 0
0 I 0 0
3,500 14,805 17,800
12,500 15,525 15,525
0 0 0
0 0 0
50,000 59,270 65,000
0 0 0
30,000 91595 20,000
96,000 109,196 118,325
2017
Budget
209,388
11,000
4,200
1,832,000
100,000
60,000
3,500
55,000
2,275,088
10,520
75,000
85,520
15,000
15,000
1,000
1,500
1,500
1,000
0
0
0
5,000
0
0
0
15,000
15,500
0
0
50,000
0
20,000
100,500
REVENUE
10-31-100
10-31-200
10-31-300
10-31-400
10-31-410
10-31-420
10-31-430
10-31-800
10-32-100
10-32-110
10-33-100
10-34-100
10-34-110
10-34-120
10-34-130
10-34-150
10-34-740
10-34-750
10-35-100
10-35-200
10-36-100
10-36-300
10-36-500
10-36-600
10-36-610
10-36-620
10-36-900
SPECIAL ASSESSMENTS
0
0
Jq 0
I 0
0
I 0
_J� 0
0
0
0
0
0
10-37-100
Byers Vista SID
Sub -Total
OTHER SOURCES AND TRANSFERS
10-39-100 Bond Proceeds
10-39-900 Transfers in from Other Funds
10-39-999 Unassigned Fund Balance
Sub -Total
GENERAL FUND "NEW" REVENUES
GENERAL FUND TOTAL REVENUE
EXPENDITURES
TOWN BOARD
10-41-110 Salaries
10-41-220 FICA Tax
10-41-280 Training Programs
10-41-290 Travel, Meals and Lodging
10-41-295 Meals and Entertainment
10-41-690 Miscellaneous Expense
10-41-860 Grants and Aid to Agencies
10-41-861 Intergovernmental Agreements
10-41-862 Fraser/Winter Park Police Dept
10-41-863 Street Lighting and Signals
10-41-864 Special Events
10-41-865 Grand County Dispatch
10-41-866 Wood Stove Rebates
10-41-867 Chamber of Commerce - IGA
10-41-868 Winter Shuttle - IGA
10-41-869 Summer Shuttle - IGA
10-41-870 Business Dist StreetScape
10-41-871 Business Enhancement Programs
10-41-872 Sustainability
0
0
2,009,110
2,009,110
2,548,189
4,557,299
16,460
1,259
7,448
4,555
7,802
2,552
1,000
9,000
406,188
16,667
10,000
0
0
72,764
52,000
0
3,961
3,200
0
0
10,000
1,866,145
1,876,145
2,843,045
4,719,190
20,475
1,566
3,152
1,946
7,761
-13,779
14,155
9,000
406,020
18,810
12,500
0
0
61,514
56,000
0
3,890
55,567
0
0
0
1,593,261
1,593,261
2,477,482
4,070,743
30,000
2,295
6,000
5,000
8,000
3,000
0
14,500
450,000
97,200
10,000
0
0
74,940
0
0
5,000
105,000
0
0
0
1,868,732
1,868,732
2,644,914
4,513,646
17,930
1,372
4,835
4,170
8,480
12,917
1,550
15,000
389,121
14,271
10,000
0
50
74,701
0
0
4,000
20,093
0
0
0
1,868,732
1,868,732
3,259,063
5,106,620
30,000
2,295
5,200
4,500
12,000
13,500
2,000
15,000
424,500
19,000
10,000
0
0
87,430
0
0
5,000
105,000
0
0
21,175
2,084,981
2,106,156
2,502,283
4,587,264
50,000
3,825
6,000
5,000
10,000
10,000
5,000
9,000
500,000
22,000
10,000
0
0
0
0
0
5,000
30,000
15,000
12/1/2016
Sub -Total
ADMINISTRATION
Salaries
Health Insurance
FICA Tax
Retirement
Unemployment Tax
Workers Comp Claims
Training Programs
Travel, Meals and Lodging
Meals and Entertainment
Municipal Court Judge
Legal Fees
Audit Fees
Engineering Fees
Computers -Networks and Support
Other Professional Services
Reimbursable Prof Services
Janitorial Services
Treasurer's Fees
Abatement Fees
Recording Fees
Bank Charges
Elections
Insurance - All Departments
Advertising
Professional Memberships
Operating Supplies
Equipment Purchase and Repair
Postage
Utilities -Telephone
Utilities - Natural Gas
Utilities - Electricity
Utilities - Trash Removal
Prop Mgmt - 107 Eisenhower Dr
Prop Mgmt - 105 Fraser Ave
Prop Mgmt -
Prop Mgmt - 153 Fraser Ave
Prop Mgmt - 200 Eisenhower Dr
Prop Mgmt - 216 Eisenhower Dr
Prop Mgmt - 400 Doc Susie Ave
Miscellaneous Expense
Bad Debt Write -Off
Capital Projects
Capital Purchases
Lease/Purchase - Principal
Lease/Purchase - Interest
Sub -Total
2014
Actuals
614,857
203,554
33,918
14,654
7,789
611
0
2,856
10,097
1,447
0
65,809
11,595
1,924
25,750
57,411
172,331
8,769
3,930
0
500
640
919
37,317
713
6,214
12,005
11,476
988
5,810
4,068
5,234
1,164
11,035
147
0
24,558
1,208
0
882
9,636
0
0
0
19,252
19,122
795,333
2015
Actuals
658,577
243,765
42,171
15,756
8,395
737
0
3,325
6,606
2,283
0
56,253
12,221
5,996
32,922
73,489
112,620
8,381
3,948
0
500
640
2,156
37,970
153
6,898
10,680
10,939
1,294
6,386
3,352
5,335
1,310
14,932
2,382
0
4,570
958
0
111
10,076
0
0
0
20,207
18,167
787,881
2016
Budget
810,935
250,000
47,152
19,125
10,000
750
0
4,000
7,000
3,500
0
100,000
22,672
10,000
55,000
107,000
50,000
15,000
6,032
0
1,000
1,000
10,000
42,000
2,500
7,500
12,500
15,750
2,000
71500
6,000
6,500
2,500
40,000
500
0
20,000
500
0
500
8,000
0
0
0
21,210
17,165
931,856
2016
Year to Date
578,489
220,712
43,030
13,940
7,431
667
0
1,990
2,917
1,366
0
55,145
12,910
3,508
29,098
102,792
66,242
8,707
3,971
0
1,469
567
790
57,628
1,467
9,443
7,239
1,817
1,420
5,867
2,702
4,480
1,186
10,233
102
0
11,762
0
0
81
803
0
0
0
21,209
17,
731,854
2016
YEE
735,425
245,000
47,000
18,745
10,000
725
0
2,500
3,500
3,500
0
60,000
13,000
5,000
55,000
115,000
75,000
10,500
5,000
0
1,500
700
800
60,000
2,500
11,500
12,500
15,750
1,420
7,000
4,000
5,500
1,550
15,000
500
0
10,000
0
0
100
3,000
0
0
0
21,210
17,165
861,165
2017
Budget
680,825
327,969
56,500
25,090
13,119
984
0
4,000
7,000
3,500
0
75,000
15,000
3,000
55,000
110,000
50,000
15,000
6,282
0
1,500
1,500
5,000
60,000
2,500
14,000
13,000
26,000
2,000
8,500
6,000
6,500
2,500
40,000
500
0
20,000
500
0
500
12,000
0
0
0
21,210
17,165
1,028,318
10-45-110
10-45-210
10-45-220
10-45-230
10-45-250
10-45-260
10-45-280
10-45-290
10-45-295
10-45-305
10-45-310
10-45-320
10-45-330
10-45-360
10-45-370
10-45-375
10-45-380
10-45-385
10-45-390
10-45-395
10-45-410
10-45-420
10-45-430
10-45-440
10-45-490
10-45-500
10-45-510
10-45-550
10-45-560
10-45-561
10-45-562
10-45-569
10-45-670
10-45-671
10-45-672
10-45-673
10-45-674
10-45-675
10-45-676
10-45-690
10-45-695
10-45-730
10-45-740
10-45-810
10-45-820
PUBLIC WORKS
Salaries
Health Insurance
FICA Tax
Retirement
Unemployment Tax
Workers Comp Claims
Training Programs
Travel, Meals and Lodging
Meals and Entertainment
Engineering Fees
Computer Network Support
Other Professional Services
Janitorial Services
Contract Grounds Maintenance
Contract Snow Removal
Equipment Rental
Professional Memberships
Operating Supplies
Plants/Planter Supplies
Equipment Purchase and Repair
Utilities - Telephone
Utilities - Natural Gas
Utilities - Electricity
Utilities - Trash Removal
Prop Mgmt - 125 Fraser Ave
357,480
69,655
25,379
10,666
1,072
190
990
175
717
19,889
0
2,686
0
0
440
370
850
77,360
9,722
36,294
1,905
4,881
1,898
1,499
3,068
381,133
76,530
27,710
12,231
1,156
500
804
1,281
339
20,514
1,770
3,968
0
0
0
0
441
68,028
11,810
49,700
3,363
4,963
1,910
2,149
4,690
420,000
85,000
32,130
16,800
1,260
0
2,000
2,000
1,000
15,000
2,000
3,000
0
0
0
2,500
750
80,000
15,000
50,000
4,200
6,000
3,000
2,500
5,000
3395'
71,554
24,968
12,390
1,035
99
1,175
850
862
33,467
2,546
1,317
0
0
0
120
584
43,746
11,293
47,500
2,103
3,657
1,392
1,845
7,418
380,500
75,700
29,000
13,500
1,200
500
21000
1,200
1,000
40,000
2,500
8,000
0
0
0
500
750
60,000
13,500
50,000
2,500
5,500
2,500
2,500
10,000
455,024
115,500
34,809
18,201
1,365
0
2,000
2,000
1,000
5,000
4,500
4,000
0
0
0
2,500
750
80,000
20,000
50,000
4,500
6,000
3,000
3,000
8,000
10-60-110
10-60-210
10-60-220
10-60-230
10-60-250
10-60-260
10-60-280
10-60-290
10-60-295
10-60-330
10-60-360
10-60-370
10-60-380
10-60-470
10-60-475
10-60-480
10-60-490
10-60-500
10-60-506
10-60-510
10-60-560
10-60-561
10-60-562
10-60-569
10-60-670
12/1/2016
Prop Mgmt - Clayton Ct Parcel
Prop Mgmt - Elk Crk Wetlands
Prop Mgmt - Fraser River Trail
Prop Mgmt - Hwy 40 Pedestrian
Prop Mgmt - Koppers Park
Prop Mgmt - Old SchlHouse Pk
Prop Mgmt - Planning Area 28
Prop Mgmt - OutdoorActivityCtr
Prop Mgmt - School Bus Garage
Prop Mgmt - Gardner Shed
Prop Mgmt - Cozens Ranch Park
Prop Mgmt - Amtrak Station
Prop Mgmt - Ptarmigan OS
Prop Mgmt - FRODO
Prop Mgmt - Mtn Man Park
Goranson Station
Miscellaneous Expense
Fraser Mustang
Street Improvements
Capital Projects
Art In Public Places
Sub -Total
Outdoor Activity Center
Salaries
Health Insurance
FICA Tax
Retirement
Unemployment Tax
Workers Comp Claims
Training Programs
Travel, Meals and Lodging
Meals and Entertainment
Other Professional Services
Janitorial Services
Professional Memberships
Operating Supplies
Equipment Purchase and Repair
Utilities - Telephone
Utilities - Natural Gas
Utilities - Electricity
WTHP Expenses
Prop Mgmt - 120 Zerex
Miscellaneous Expense
Capital Projects
Capital Purchases
Sub -Total
2014
Actuals
0
jr
0
1,607
131
0
3,370
0
0
4,657
0
27,871
288
0
0
0
33,096
2,448
0
36,369
0
0
737,024
0
0
0
0
0
0
0
0
0
0
5,275
0
0
0
458
1,120
867
0
8,767
81
0
0
16,567
2015
Actuals
0
' 0
25,381
5
1,717
1,228
0
51
5,161
0
187,578
220
0
0
700
1,542
2,821
0
198,490
0
0
1,099,883
0
0
0
0
0
0
0
0
0
0
5,250
0
0
0
0
970
930
0
417
0
0
0
7,566
2016 2016
Budget Year to Date
0 -M 0
0 0
20,000 5,644
25,000 17,897
0 0
51000 2,807
0 0
0 0
7,000 4,676
0 0
50,000 27,354
0 561
0 0
5,000 1,769
500 0
500 0
3,000 1,146
0 0
185,000 83,229
0 0
0 4040L 0
1,050,140 758, 401
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
6,000 4,250
0 0
0 0
0 0
0 0
979 824
939 759
0 0
5,000 4,378
0 0
0 0
0
12,918 10,211
2016
YEE
0
0
8,000
18,200
0
3,000
0
0
7,000
0
351000
600
0
2,500
0
0
2,000
0
90,000
0
0
869,150
0
0
0
0
0
0
0
0
0
0
5,610
0
0
0
0
979
900
0
5,500
0
0
0
12,989
2017
Budget
-wa-
0
0
70,000
5,000
1,500
5,000
0
0
7,000
0
15,000
0
0
5,000
500
500
3,000
0
250,000
0
7,500
1,191,149
0
0
0
0
0
0
0
0
0
0
6,000
0
0
0
0
1,200
1,200
0
10,000
0
0
0
18,400
10-60-671
10-60-672
10-60-673
10-60-674
10-60-675
10-60-676
10-60-677
10-60-678
10-60-679
10-60-680
10-60-681
10-60-682
10-60-683
10-60-684
10-60-685
10-60-686
10-60-690
10-60-695
10-60-725
10-60-730
10-60-740
10-65-110
10-65-210
10-65-220
10-65-230
10-65-250
10-65-260
10-65-280
10-65-290
10-65-295
10-65-370
10-65-380
10-65-490
10-65-500
10-65-510
10-65-560
10-65-561
10-65-562
10-65-665
10-65-670
10-65-690
10-65-730
10-65-740
TRANSFERS
Transfer to CERF - Police Dept
Transfer to CERF - PublicWorks
Transfer to CAF
Transfer to Debt Service Fund
Transfer to Water Fund
Transfer to FREP
Transfer to Committed Reserves
Transfer to Petersen Trust
Salaries Clearing
FICA Tax Clearing
Unemployment Tax Clearing
Sub -Total
FISCAL AGENT
Salaries
Health Insurance
FICA Tax
Retirement
Unemployment Tax
Workers Comp Claims
Sub -Total
EXPENDITURE TOTALS
0
0
0
247,373
0
0
0
0
0
0
0
247,373
0
0
0
0
0
0
0
2,411,154
0
0
50,000
246,550
0
0
0
0
0
0
0
296,550
0
0
0
0
0
0
0
2,850,458
50,000
60,000
175,000
257,910
0
0
0
0
0
0
0
542,910
0
0
0
0
0
0
0
3,348,760
50,0
60,000
175,000
257,910
0
0
0
0
0
0
JM 0
542,910
0
0
0
0
0
0
0
2,621,865
50,000
60,000
175,000
257,910
0
0
0
0
0
0
0
542,910
0
0
0
0
0
0
0
3,021,639
0
100,000
145,000
0
0
0
0
0
0
0
0
245,000
0
0
0
0
0
0
0
3,163,692
10-90-920
10-90-930
10-90-935
10-90-940
10-90-950
10-90-960
10-90-970
10-90-980
10-90-995
10-90-996
10-90-997
10-95-110
10-95-210
10-95-220
10-95-230
10-95-250
10-95-260
GENERAL FUND
12/1/2016 2014 2015 2016 2016 2016 mm� 2017
Actuals Actuals Budget Year to Date YEE Budget
GENERAL FUND REVENUE TOTALS
4,557,299
4,719,190
4,070,743
4,513,646 5,106,620 4,587,264
2,644,914 3,259,063 2,502,283
2,621,865 3,021,639 3,163,692
1,891,781 2,084,981 1,423,572
23,049 237,424-661,409
110,000 110,000 110,000
135,426 135,426 135,426
6,379 ^ 6,379 6,379
1,000,000 1,000,000 1,000,000
2,084,981 1,423,572
GENERAL FUND NEW REVENUE TOTALS
2,548,189
2,843,045
2,477,482
GENERAL FUND EXPENDITURE TOTALS
2,411,154
2,850,458
3,348,760
GENERAL FUND REVENUE OVER EXPENDITURES
2,146,145
1,868,732
721,983
GENERAL FUND EXPENDITURE OVER NEW REVENUES
137,035
-7,412
-871,278
GF Restricted Reserves - Tabor Emergency Reserve
110,000
110,000
GF Restricted Reserves - Affordable Housing Reserve
135,426
135,426
GF Restricted Reserves - Fees in Lieu of P&OS Reserve
6,379
6,379
GF Committed Emergency Reserve
750,000
1,000,000
GF Unassigned
Fund Balance
721,983
RESTRICTED REVENUE FUND
REVENUE
TAXES
12-31-100
Restricted 1% GF Sales Tax
12-31-800
Interest Income
Sub -Total
INTERGOVERNMENTAL
12-33-100
Grants & Aid to Agencies
Sub -Total
OTHER SOURCES AND TRANSFERS
12-36-900
12-39-999
Transfer In from Other Funds
Unassigned Fund Balance
Sub -Total
RESTRICTED REV FUND "NEW" REVENUES
RESTRICTED REV FUND TOTAL REVENUE
EXPENDITURES
12-40-610
Transportation 0&M
12-40-615
Transportation - Capital Exp
12-40-710
Trails 0&M
12-40-715
Trails - Capital Expenditures
12-40-810
Capital Projects
12-40-900
Transfer to Trans O&M Reserve
12-40-915 Transfer to Trans Cap Reserve
12-40-920 Transfer to Trails O&M Reserve
12-40-925 Transfer to Trails Cap Reserve
12-40-930 Transfer to Cap Proj Reserve
12-40-940 Transfer to Other Funds
Sub -Total
RESTRICTED REV FUND REVENUES
RESTRICTED REV FUND EXPENDITURES
RESTRICTED REV FUND REVENUES OVER EXPENDITURES
RRF - Transportation O&M Committed Reserve
RRF - TransportationCapital Committed Reserve
RRF - Trails O&M Committed Reserve
RRF - Trails Capital Committed Reserve
RRF - Capital Projects Committed Reserve
CONSERVATION TRUST FUND
REVENUE
20-30-100
Cons Trust (Lottery) Proceeds
20-30-800
Interest Earnings
20-30-999
Unassigned Fund Balance
Sub -Total
EXPENDITURES
20-40-410
Bank Charges
20-40-650
Cons Trust Program Expenses
20-40-910
Transfer to General Fund
20-40-920
Transfer to Other Funds
Sub -Total
CTF REVENUES OVER EXPENDITURES (Unassigned Bal YE)
r❑
C
C
450,000 409,348
150 690
450,150 410,039
400,000
0
50,000
0
0
0
0
0
0
0
0
450,000
450,150
450,000
150
398,333
2,193
0
4,874
0
0
0
0
0
0
0
405,400
410,039
405,400
4,639
543,750
700
544,450
1
544,450
544,450
410,000
2,500
0
10,000
0
0
0
0
0
0
0
422,500
544,450
422,500
121,950
458,000
300
458,300
M
0
121,950
121,950
458,300
580,250
450,000
0
60,000
11,300
0
0
0
0
0
0
0
521,300
580,250
521,300
58,950
0
0
0
0
■
15,595
5,523
61500
4,896
6,500
6,500
7
17
15
68
75
75
893
16,495
13,010 46
12,035
12,035
18,610
161495
2Z035
19,525
16,999
18,610
25,185
0
0
0
0
0
0
0
0
0
0
0
0
0
10,000
0
0
0
0
0
0
0
0
0
0
0
10,000
0
0
0
0
16,495
12,0351
19,525
16,999
18,610
25,185
12/1/2016
CAPITAL EQUIP REPLACEMENT FUND
Hwy Use Tax Proceeds
Sale of CERF Assets
Interest Earnings
Transfer from G/F - PoliceDept
Transfer from G/F - PublicWork
Transfer from Utility Funds
Unassigned Fund Balance
Sub -Total
2014
Actuals
44,896
0
549
0
0
20,000
470,586
536,031
2015
Actuals
45,940
0
828
0
0
20,000
465,578
532,345
2016
Budget
45,039
0
350
50,000
60,000
20,000
410,774
586,164
2016
Year to Date
38,684
0
2,630
50,000
60,000
20,000
587,156
2016
YEE
45,039
0
3,156
50,000
601000
20,000
415,843
594,038
2017
Budget
46,000
0
2,500
0
100,000
20,000
495,267
663,767
REVENUES
30-30-100
30-30-500
30-30-800
30-30-900
30-30-910
30-30-920
30-30-999
EXPENDITURES
30-40-745 Public Safety Fleet Purchase
0
62,045
65,000
53,353
0
30-40-750 Regular Fleet Purchase
25,035
9,039
90,000
0
0
20,000
30-40-755 Heavy Equipment Purchase
0
0
20,000
0
0
250,000
30-40-810 Lease/Purchase - Principal
40,938
42,015
43,120
43,120
43,120
43,120
30-40-820 Lease/Purchase - Interest
4,480
3,403
2,298
2,298
2,298
2,298
30-40-910 Transfer to General Fund
0
0
0
0
0
0
Sub -Total
70,453
116,502
220,418
98,771
98,771
315,418
CERF REVENUES OVER EXPENDITURES (Unassigned Bal YE)
465,578
415,843
365,746
488,385
495,267
348,349
6mm
E
mmm�
CAPITAL ASSET FUND
REVENUE
32-30-100 Reserved for Future Use
837,338
1,399,454
0
0
■
0
0
32-30-500 Sale of Capital Assets
0
0
0
0
0
0
32-30-800 Interest Earnings
511
1,288
0
728
1,050
0
32-30-910 Transfer in from General Fund
0
50,000
175,000
175,000
175,000
145,000
32-30-940 Transfer in from DSF
0
0
0
0
0
0
32-30-950 Transfer in from Water Fund
0
0
0
0
0
0
32-30-999 Unassigned Fund Balance
6,218
671,471
117,521
102,569
102,569
17,051
Sub -Total
844067
2,122, 213
292, 521
278, 297 - 278,619
16Z 051
EXPENDITURES
32-40-810 Capital Proj- Streets Existing
6,218
0
0
0
216,568
162,000
32-40-815 Capital Proj - Streets New
166,378
2,019,644
250,000
36,399
45,000
0
32-40-820 Capital Proj - Buildings Exist
0
0
0
0
0
32-40-825 Capital Proj - Buildings New
0
0
0
0
0
0
32-40-830 Capital Proj - Parks/OS Exist
0
0
0
0
0
0
32-40-835 Capital Proj - Parks/OS New
0
0
0
0
0
0
32-40-900 Transfer to General Fund
0
0
42,521
0
0
0
32-40-910 Transfer to CAF Res - Streets
0
0
0
0
0
0
32-40-920 Transfer to CAF Res - Bldgs
0
0
0
0
0
0
32-40-930 Transfer to CAF Res - Parks/OS
0
0
0
0
0
0
Sub -Total
172,596
2,019,644
292,521
36,399
261,568
162,000
CAF REVENUES OVER EXPENDITURES
671,471
102,569
0
241,898
17,051
51
CAF - Committed Reserves - Streets
0
0
0
CAF - Committed Reserves - Buildings
0
0
0
CAF - Committed Reserves - Parks and Open Space
0
0
0
CAF - Committed Reserves - Bridges
0
0
0
FREP FUND
REVENUE
35-30-100 Grants and Awards
0
0
0
0■
0
0
35-30-110 In -Kind Services
0
0
0
0
0
0
35-30-120 Miscellaneous Revenue
0
0
0
0
0
0
35-30-130 Interest Income
0
0
0
0
0
0
35-30-910 Transfer in from General Fund
0
0
0
0
0
0
35-30-999 Carryover Balance
0
0
0
0
0
0
Sub -Total
0
0
0
0
0
0
77 12/1/2016
PROJECT WIDE EXPENSES
Threat/Endagered Species Study
Fisheries Special Analysis
Aquatic Habitat Permitting
Transfer to TOF G/F
Sub -Total
TOWN OF FRASER EXPENSES
Aquatic Habitat Enhancements
BorealToad Habitat Restoration
Waterfowl Nesting Improvements
F/WP Trail Link Construction
Lions Fish Ponds Improvements
Educational Signage
Picnic Areas -Fraser RiverTrail
Sub -Total
TOWN OF WINTER PARK EXPENSES
Aquatic Habitat Enhancements
BorealToad Habitat Restoration
Waterfowl Nesting Improvements
F/WP Trail Link Construction
Vasquez Trail Construction
Educational Signage
Picnic Areas -Fraser RiverTrail
Sub -Total
OVER EXPENDITURS
DEBT SERVICE FUND
2014
Actuals
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2015
Actuals
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2016
Budget
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2016
Year to Date
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2016
YEE
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2017
Budget
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
EXPENDITURES
35-40-310
35-40-315
35-40-320
35-40-900
35-50-410
35-50-420
35-50-430
35-50-440
35-50-450
35-50-460
35-50-470
35-60-410
35-60-420
35-60-430
35-60-440
35-60-450
35-60-460
35-60-470
FREP FUND REVENUES
FREP FUND EXPENDITURES
FREP FUND REVENUES
6EM
REVENUE
40-30-100 Property Tax
40-30-200 Specific Ownership Tax
40-30-500 Bond Proceeds
40-30-800 Interest Earnings
40-30-910 Transfer in from General Fund
40-30-990 Transfer in from DSF Reserves
40-30-999 Carryover Balance
Sub -Total
EXPENDITURES
40-40-385 Treasurer's Fees GO Bond
40-40-390 Abatements - GO Bond
40-40-500 Cost of Issuance
40-40-550 Underwriters Discount
40-40-810 Bond Principal - 02 S&U Issue
40-40-811 Bond Principal - 98 GO Issue
40-40-812 Bond Principal - 98 S&U Issue
40-40-820 Bond Interest - 02 S&U Issue
40-40-821 Bond Interest - 98 GO Issue
40-40-822 Bond Interest - 98 S&U Issue
40-40-850 Bond Agent Fees
40-40-910 Transfer to DSF Reserves
40-40-920 Transfer to Other Funds
Sub -Total
80,243
4,327
0
592
247,373
0
0
332,53.5
1,605
0
0
0
25,000
40,000
170,000
7,013
9,675
45,360
2,340
0
0
300,992
79,993
5,138
0
970
246,550
0
AL 0
332,650
1,600
0
0
0
25,000
45,000
180,000
5,638
7,525
35,910
2,340
0
0
303,012
0
0
0
100
257,910
102,794
0
360,804
0
0
0
0
30,000
95,000
195,000
4,125
7,794
25,785
3,000
100
0
360,804
68
0
0
2,790
257,910
102,794
575,579
939,140
MPM
0
0
0
30,000
95,000
195,000
4,125
2,043
25,785
750
0
0
352,704
68
0
0
2,600
257,910
102,794
0
363,372
1
0
0
0
30,000
95,000
195,000
4,125
2,043
25,785
1,500
0
0
353,454
0
0
0
1,800
0
472,785
0
474,585
0
0
0
0
60,000
0
380,000
1,650
0
10,260
1,500
0
21,175
474,585
DEBT SERVICE REVENUES
332,535
332,650
360,804
939,140
363,372
474,585
DEBT SERVICE EXPENDITURES
300,992
303,012
360,804
352,704
353,454
474,585
DEBT SERVICE REVENUES OVER EXPENDITURES
31,543
29,638
0
586,437
9,918
0
Debt Service Fund Restricted Reserves
300,000
300,000
0
Debt Service Fund Committed Reserves
170,223
172,785
0
12/1/2016
WATER FUND
TAXES
Property Tax
Fraser Firming Revenue
Sub -Total
LICENSES & PERMITS
Excavation Permit Fees
Sub -Total
CHARGES FOR SERVICES
Customer Service Charges
Penalties & Interest
Plant Investment Fees
Water Meter Sales
Sub -Total
MISCELLANEOUS REVENUE
Interest Earnings
Miscellaneous Revenue
Sub -Total
OTHER SOURCES & TRANSFERS
Debt Service Proceeds
Grants and Aid from Agencies
Transfers In
Unassigned Fund Balance
Sub -Total
2014
Actuals
0
50,387
50,387
275
275
720,687
2,352
0
14,890
737,930
1,153
4,289
51442
0
0
0
573,820
573,820
2015
Actuals
0
0
0
550
550
783,047
3,182
15,400
38,419
840,048
2,079
4,020
6,099
0
50,000
0
726,652
776,652
2016
Budget
0
0
275
275
831,120
1,000
7,700
5,000
844,820
800
2,500
3,300
0
0
0
892,609
892,609
2016
Year to Date
0
0
0
825
825
640,638
5,692
0
55,542
701,871
7,858
3,935
11,793
0
0
0
1,020,122
1,020,122
2016
YEE
0
0
0
825
825
854,000
5,700
0
60,000
919,700
9,000
3,950
12,950
0
0
0
1,020,122
1,020,122
2017
Budget
0
0
275
275
856,004
1,000
7,700
10,000
874,704
6,000
2,500
8,500
0
0
0
1,238,962
1,238,962
REVENUES
50-31-100
50-31-200
50-32-100
50-34-100
50-34-150
50-34-200
50-34-300
50-36-100
50-36-900
50-39-100
50-39-200
50-39-910
50-39-999
New Revenues
794,034
846,697
848,395
714,490
933,475
883,479
Total Revenue with Carryover
1,367,854
1,623,349
1,741,004
1,734,612
1,953,597
2,122,441
EXPENTITURES
148,454
22,117
10,801
4,252
438
0
400
58
1,121
0
64,876
16,781
8,409
22,351
0
0
28
14,584
46
9,051
16,984
9,070
14,042
17,974
2,006
3,225
1,527
2,889
32,675
43
45
0
548
0
7,266
17,262
0
41,872
0
0
185,445
25,827
13,682
6,217
555
0
394
100
650
0
69,618
24,303
5,743
1,532
0
0
0
17,084
241
8,939
20,965
8,625
10,930
36,290
1,370
1,974
1,860
4,303
33,776
1,201
427
0
179
0
6,482
88,658
0
15,856
0
0
195,000
29,250
14,918
6,500
585
0
3,000
3,000
2,000
0
65,000
60,000
6,000
25,000
0
0
0
20,000
500
79,000
25,000
9,500
35,000
40,000
30,000
5,000
2,500
4,500
50,000
3,000
31000
0
2,000
0
35,000
250,000
0
650,000
0
0
167,454
27,458
12,404
5,903
501
0
200
201
135
0
37,109
56,897
5,557
18,037
0
0
0
15,097
0
6,516
102,570
5,745
11,000
51,674
425
1,052
1,739
3,705
30,596
0
800
0
398
0
6,527
49,000
0
0
0
0
190,000
29,250
14,535
6,500
570
0
450
500
2,000
0
40,000
60,000
6,000
20,000
0
0
0
15,100
0
10,000
110,000
9,000
15,000
52,000
1,000
1,800
2,200
3,980
38,000
0
1,000
0
750
0
10,000
65,000
0
0
0
0
202,250
39,700
15,472
7,940
607
0
3,000
3,000
2,000
0
75,000
10,000
6,000
25,000
0
0
0
20,000
500
50,000
60,000
91500
35,000
55,000
30,000
5,000
2,500
4,500
45,000
4,500
3,000
0
2,000
0
45,000
210,500
0
650,000
0
0
50-40-110
Salaries
50-40-210
Health Insurance
50-40-220
FICA Tax
50-40-230
Retirement
50-40-250
Unemployment Tax
50-40-260
Workers Comp Claims
50-40-280
Training Programs
50-40-290
Travel, Meals and Lodging
50-40-295
Meals and Entertainment
50-40-300
Administrative Reimbursement
50-40-310
Legal Fees
50-40-330
Engineering Fees
50-40-360
Computers -Networks and Support
50-40-370
Other Professional Services
50-40-385
Treasurer's Fees
50-40-390
Abatements
50-40-410
Bank Charges
50-40-430
Insurance
50-40-440
Advertising
50-40-460
System Repair and Maint - Prod
50-40-465
System Repair and Maint - Dist
50-40-490
Professional Memberships
50-40-500
Operating Supplies -Production
50-40-505
Operating Supplies-Distrib
50-40-510
Equipment Purchase and Repair
50-40-520
Testing
50-40-550
Postage & Billing Supplies
50-40-560
Utilities - Telephone
50-40-562
Utilities - Electricity
50-40-670
Prop Mgmt - Fraser WTP
50-40-680
Prop Mgmt - Maryvale WTP
50-40-685
Prop Mgmt - St. Louis Headgate
50-40-690
Miscellaneous Expense
50-40-695
Bad Debt Write Off
50-40-715
Water Rights - Diversion & Dev
50-40-730
Capital Projects
50-40-740
Capital Purchases
50-40-760
Fraser Firming - CapProj
50-40-770
PIF - Capital Purchases
50-40-780
Capitalized Assets - Audit
12/1/2016
Depreciation
Debt Service - Principal
Debt Service - Interest
Debt Service - Agent Fees
Transfer to General Fund
Transfer to CERF
Transfer to Reserves
Transfer to Metro Districts
Transfer to Wastewater Fund
Sub -Total
2014
Actuals
0
0
0
0
0
10,000
100,000
0
0
601,195
2015
Actuals
0
I 0
0
0
0
10,000
0
0
0
603,227
2016 2016
Budget Year to Date
0 0
0 0
0 0
0 0
0 0
10,000 10,000
0 0
0 0
0 qu 0
1,664,253 628,699
2016
YEE
0
0
0
0
0
10,000
0
0
714,635
2017
Budget
-If
0
0
0
0
10,000
0
0
0
1,631,969
50-40-790
50-40-810
50-40-820
50-40-850
50-40-910
50-40-930
50-40-970
50-40-980
50-40-990
WATER FUND REVENUES
1,367,854
1,623,349
1,741,004
1,734,612
1,953,597
2,122,441
WATER FUND EXPENDITURES
601,195
603,227
1,664,253
628,699
714,635
1,631,969
WATER FUND REVENUES OVER EXPENDITURES
766,660
1,020,122
76,752
1,105,913
1,238,962
490,472
Water Fund Committed Reserve 460,000 500,0001 500,000 I 500,000 5001000
Water Fund Unassigned Reserve 76,752 1,238,962 490,472
WASTEWATER FUND
REVENUES
TAXES 0 0 0 A
Property Tax
Specific Ownership Tax
Sub -Total 0 0 0 0 0 0
LICENSES & PERMITS
55-32-100 Excavation Permit Fees 325 0 0 0
Sub -Total 325 0 0I 0 0 0
CHARGES FOR SERVICES
55-34-100 Customer Service Charges 678,763 643,265 693,000 523,405 698,000 724,350
55-34-150 Penalties & Interest 2,136 2,581 1,000 4,319 4,000 1,000
55-34-200 Plant Investment Fees 120,000 292,500 100,000 517,500 550,000 150,000
55-34-999 Contributed Assets 0 0 _ 0 0 0 0
Sub -Total 800,899 938,346 794,000 1,045,224 1,252,000 875,350
MISCELLANEOUS REVENUE
55-36-100 Interest Earnings 8,922 14,690 3,200 17,247 18,000 18,000
55-36-500 JFF Management Fee 29,000 29,000 29,000 14,500 29,000 29,000
55-36-900 Miscellaneous Revenue 0 0 0 39 39 0
Sub -Total 37,922 43,690 32,200 31,786 47,039 47,000
OTHER SOURCES & TRANSFERS
55-39-100 Debt Service Proceeds 0 0 0 0 0 0
55-39-200 Grants and Aid from Agencies 0 46,401 30,000 51,778 51,778 0
55-39-910 Transfer in from General Fund 0 0 0 0 0 0
55-39-999 Unassigned Fund Balance 2,699,802 1,960,956 2,271,398 2,335,149 2,335,149 2,055,063
Sub -Total 2,699,802 2,007,357 2,301,398 2,386,927 2,386,927 2,055,063
new revenues 839,146 982,036 826,200 1,077,010 1,299,039 922,350
total revenues with carryover 3,538,948 2,989,394 3,127,598 3,463,937 3,685,966 2,977,413
EXPENDITURES
■
55-40-110 Salaries 178,509 197,571 205,000 169,130 195,000 215,250
55-40-210 Health Insurance 26,244 26,235 30,500 27,308 27,000 41,682
55-40-220 FICA Tax 13,290 13,957 15,683 12,528 14,918 16,467
55-40-230 Retirement 5,600 6,381 7,000 5,898 6,500 8,460
55-40-250 Unemployment Tax 534 566 615 506 585 646
55-40-260 Workers Comp Claims 0 0 0 0 0 0
55-40-280 Training Programs 0 200 2,500 0 200 2,500
55-40-290 Travel, Meals and Lodging 0 20 2,500 124 500 2,500
55-40-295 Meals and Entertainment 1,103 618 21000 117 2,000 2,000
55-40-310 Legal Fees 22,814 693 5,000 0 0 5,000
55-40-330 Engineering Fees 2,703 8,392 5,000 634 1,000 5,000
55-40-360 Computers -Networks and Support 6,839 4,648 6,000 3,883 6,000 6,000
55-40-370 Other Professional Services 21,037 1,031 10,000 2,037 3,500 10,000
55-40-410 Bank Charges 0 0 100 0 0 100
55-40-430 Insurance 5,860 4,405 6,500 3,103 6,500 6,500
12/1/2016
Advertising
System Repair and Maint-Collec
Professional Memberships
Operating Supplies -Collections
Equipment Purchase and Repair
Testing
Postage & Billing Supplies
Utilities - Telephone
WW Treatment Charges/JFOC
JIFF CapRepl Reserve
JIFF O&M Reserve
Miscellaneous Expense
Bad Debt Write Off
Capital Projects
Capital Purchases
PIF - Capital Projects
PIF - Capital Purchases
Capitalized Assets - Audit
Depreciation
Debt Service - Principal
Debt Service - Interest
Debt Service - Agent Fees
Transfer to General Fund
Transfer to CERF
Transfer to Reserves
Transfer to Water Fund
Sub -Total
FUND REVENUES
FUND EXPENDITURES
FUND REVENUES OVER EXPENDITURES
2014
Actuals
0
50,694
1,602
580
618
0
1,497
254
154,032
13,206
0
188
0
0
17,187
0
0
0
0
0
0
0
0
10,000
0
0
534,392
3,538,948
534,392
3,004,556
2015
Actuals
93
75,102
1,525
274
358
0
2,113
1,672
153,586
33,151
0
165
0
111,488
0
0
0
0
0
0
0
0
0
10,000
0
0
654,245
2,989,394
654,245
2,335,149
2016 2016
Budget Year to Date
500 dr 0
118,000 52,034
2,000 4,750
5,000 112
51000 173
1,000 0
3,000 1,739
2,000 1,309
1851846 125,894
0 0
0 0
3,000 398
0 0
216,500 124,019
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
10,000 10,000
1,000,000 1,000,000
0 0
1,850,244 1,545,694
3,127,598 3,463,937
1,850,244 1,545,694
1,277,355 1,918,243
2016
YEE
0
55,000
5,500
250
250
0
2,200
2,000
160,000
0
0
2,000
0
130,000
0
0
0
0
0
0
0
0
0
10,000
1,000,000
0
1,630,903
3,685,966
1,630,903
2,055,063
2017
Budget
500
105,000
5,500
5,000
5,000
1,000
2,500
2,000
217,827
0
0
2,000
0
42,500
0
0
0
0
0
0
0
0
0
10,000
0
0
720,931
2,977,413
720,931
2,256,482
55-40-440
55-40-460
55-40-490
55-40-500
55-40-510
55-40-520
55-40-550
55-40-560
55-40-650
55-40-660
55-40-670
55-40-690
55-40-695
55-40-730
55-40-740
55-40-760
55-40-770
55-40-780
55-40-790
55-40-810
55-40-820
55-40-850
55-40-910
55-40-930
55-40-970
55-40-990
WASTEWATER
WASTEWATER
WASTEWATER
500,000
221,000
330,000
1,000,000
500,000
221,000
330,000
1,000,000
2,055,063
500,000
221,000
330,000
1,000,000
2,256,482
WWF Committed Reserve O&M Emergencies
500,000
WWF Committed Reserve Collections System
221,000
WWF Committed Reserve JIFF CRR Emergency Reserve
330,000
WWF Committed Reserve JIFF Plant Rqmts
1,000,000
Wastewater Fund Unassigned Fund Balance
1,277,355
SUCCESS
12/31 /2016
JOINT FACILITIES FUND - O&M
2014
2015
2015
2016
2016
2016
2017
Actual
Budget
Actual
Budget
Year to Date
YEE
Budget
REVENUE
Interest - O&M Accounts 346 300 300 300 295 300 350
O&M Reimbursement - WPR 173,840 242,567 173,596 209,803 148,980 204,424 245,906
Capital Reimbursement - WPR 0 0 0 0 0 0 0
O&M Reimbursement - GC#1 278,101 386,932 273,026 330,313 244,199 318,702 387,154
Capital Reimbursement - GC#1 0 0 0 0 0 0 0
O&M Reimbursement - TOF 154,032 209,833 153,586 185,846 150,406 186,679 217,827
Capital Reimbursement - TOF 0 0 0 0 0 0 0
Study Reimbursement - WP 0 0 0 0 0 0 0
Study Reimbursement - Granby 0 0 0 0 0 0 0
Sale of General Fixed Assets 0 0 0 0 0 0 0
Interest - Cap Res Accounts 0 0 0 0 0 0 0
Miscellaneous Revenue 4,306 0 1,458 1,500 1,822 1,822 1,500
Sub -Total 610,625 839,632 601,966 727,763 545,700 711,927 852,738
40-30-100
40-30-200
40-30-205
40-30-210
40-30-215
40-30-220
40-30-225
40-30-230
40-30-235
40-30-500
40-30-800
40-30-900
OTHER SOURCES AND TRANSFERS
0
0
196,631
196,631
0
0
196,089
196,089
0
0
196,631
196,631
0
0
200,674
200,674
0
0
198,390
198,390
0
0
198,390
198,390
0
0
198,390
198,390
40-30-930
Transfer In From Cap Project
40-30-980
Capitalized Reimbursements
40-30-999
Carryover Balance
Sub -Total
2014
2015
2015
2016
2016
2016
2017
PLANT EXPENDITURES
Actual
Budget
Actual
Budget
Year to Date
YEE
Budget
Salaries 178,842 T 207,713 173,223 175,000 165,441 185,000 225,000
Health Insurance 35,846 56,448 32,337 37,000 37,009 37,000 59,000
FICA Tax 12,745 15,890 12,590 13,388 11,402 14,700 17,213
Retirement 6,964 8,309 6,299 7,000 4,701 6,300 8,650
Unemployment Tax 0 623 521 525 498 555 675
Workers Camp Claims 0 0 0 0 0 0 0
Training Programs 925 3,000 240 2,000 1,435 1,500 2,000
Travel - Meals and Lodging 921 3,500 95 2,500 575 1,500 2,500
Meals - Local Business 42 500 45 100 256 250 250
Legal Fees 5,250 5,000 0 5,000 0 0 2,500
Audit Fee 4,074 4,750 4,074 4,750 4,200 4,200 4,500
Engineering Fees 3,403 15,000 3,475 15,000 3,045 6,500 10,000
Financial Services 0 0 0 0 0 0 0
Sludge Removal 36,351 65,000 32,520 55,000 38,183 46,500 55,000
Professional Services 2,923 10,000 3,216 10,000 3,301 6,000 7,000
Reimbursable Prof Services 0 1,000 0 0 0 0 0
Bank Charges 0 100 0 0 0 0 0
Insurance - Plant 24,184 32,000 25,177 30,000 24,167 30,000 33,500
Advertising 240 500 1,963 500 0 500 500
Plant Maintenance and Repair 37,370 50,000 28,260 50,000 20,422 40,000 45,000
Grounds Maintenance 206 2,500 1,104 1,500 0 500 1,000
Equipment Rental 0 500 0 500 0 100 500
Professional Memberships 177 500 0 500 450 500 500
Operating Supplies 6,715 20,000 2,874 15,000 4,309 10,000 10,000
Operating Supplies - Chemicals 35,926 75,000 29,791 50,000 24,331 45,000 50,000
Equipment Purchase and Repair 8,640 20,000 4,445 15,000 202 15,000 10,000
Testing 40,262 65,000 39,962 65,000 46,121 45,000 65,000
Permits 160 10,000 0 0 0 0 0
Postage 15 0 216 0 0 0 0
Utilities - Telephone 3,058 3,500 3,256 4,200 3,109 4,200 5,600
Utilities - Electricity 145,799 145,000 182,065 150,000 149,120 195,000 220,000
Utilities - Natural Gas 4,016 6,500 2,856 5,000 1,442 3,000 3,500
Utilities - Plant Generator 1,065 500 0 500 0 0 500
Utilities - Trash Removal 1,959 2,500 2,028 2,500 1,952 2,500 2,500
Vehicle Expenses 6,725 7,500 7,277 7,500 3,033 7,500 7,500
Miscellaneous Expense 634 1,000 300 1,000 0 1,000 1,000
Capital Projects 0 0 0 0 0 0 0
Capital Purchases 0 0 0 0 0 0 0
Contingency 0 0 0 0 0 0 0
Lease/Purchase - Principal 0 0 0 0 0 0 0
Lease/Purchase - Interest 0 0 0 0 0 0 0
Capital Reserve Projects 0 0 0 0 0 0 0
Sub -Total 605,437 839,332 600,208 725,963 548,703 709,805 850,888
40-85-110
40-85-210
40-85-220
40-85-230
40-85-250
40-85-260
40-85-280
40-85-290
40-85-295
40-85-310
40-85-320
40-85-330
40-85-340
40-85-350
40-85-370
40-85-375
40-85-410
40-85-430
40-85-440
40-85-460
40-85-475
40-85-480
40-85-490
40-85-500
40-85-506
40-85-510
40-85-520
40-85-525
40-85-550
40-85-560
40-85-562
40-85-565
40-85-567
40-85-569
40-85-650
40-85-690
40-85-730
40-85-740
40-85-750
40-85-810
40-85-820
40-85-930
Joint Facilities Fund Revenues
807,256
1,035,721
798,597
928,437
744,090
910,317
1,051,128
Joint Facilities Fund Expenditures
605,437
839,332
600,208
725,963
548,703
709,805
850,888
Joint Facilities Fund Revenues over Expenditure
201,8201
196,389
198,389
202,474
195,388
200,512
200,240
Joint Facilities Fund O&M Reserve Reduction/Refund
Page 1
GC#1 Budget Total - O&M Reimb. and Mgmt Fees *
292,601
401,432
287,526
344,813
258,699
333,202
401,654
WPR Budget Total - O&M Reimb. and Mgmt Fees *
188,340
257,067
188,096
224,303
163,480
218,924
260,406
TOF Budget Total - O&M Reimb.
154,032
209,833
153,586
185,846
150,406
186,679
217,827
* Mgmt Fee Billed/Entity Annually
14,500
14,500
14,500
14,500
14,500
14,500
14,500
2014
2015
2015
2016
2016
2016
2017
Actual
Budget
Actual
Budget
Year to Date
YEE
Budget
JOINT FACILITIES FUND - CRR
REVENUES
Interest Income - CRR Accounts 13,572 12,000 12,243 12,000 9,120 10,000 12,000
Interest Income - CIP Accounts 0 0 0 0 0 0 0
CRR Reimbursable - WPR 0 0 0 0 0 0 0
CIP Reimbursable - WPR 0 0 0 0 0 0 0
CRR Reimbursable - GC#1 0 0 0 0 0 0 0
CIP Reimbursable - CG#1 0 0 0 0 0 0 0
CRR Reimbursable - TOF 0 0 0 0 0 0 0
CIP Reimbursable - TOF 0 0 0 0 0 0 0
Sale of JFOC Fixed Assets 0 0 14,216 0 0 0 0
Miscellaneous Revenue 0 0 0 0 0 0 0
CRR Carryover Balance 2,233,428 1,879,684 2,233,428 2,288,058 2,095,255 2,095,255 1,924,255
CIP Carryover Balance 0 0 0 0 0
47-30-100
47-30-110
47-30-210
47-30-215
47-30-220
47-30-225
47-30-230
47-30-235
47-30-800
47-30-900
47-30-990
47-30-999
Sub -total
2,247,000
1,891,684
Z259,887 Z300,058
2,104, 375
2,105, 255 1,936,255
EXPENDITURES
Capital Replacement Reserve Projects
35,943
7,080
0 0
25,7A115,000
26,161
43,495
20,000 0
50,000 100,000
47-60-370
Engineering, Legal and Other Prof. Services
47-60-730
CRR Projects
Capital Improvement Pfp10
0 0 -2 150,000
364 145,000 67,330 146,000
68,143
105
75,000 100,000
1,000 321,000
47-65-370
Engineering, Legal and Other Prof. Services
47-65-730
CIP Projects
Capital Purchases
127,779
0
40,000
31,356
35,000
47-69-740
Capital Purchases
Sub -total
171,166
170,700
0
451,000
169,261
181,000
521,000
Joint Facilites Fund CRR Revenues
2,247,000
1,891,684
2,259,887
2,300,058
2,104,375
2,105,255
1,936,255
Joint Facilites Fund CRR Expenditures
171,166
170,700
164,632
451,000
169,261
181,000
521,000
Joint Facilites Fund CRR Revenues over Expenditures
2,075,834
1,720,984
2,095,255
1,849,058
1,935,114
1,924,255
1,415,255
12/1/2016 15:15
SUCCESS
Page 2
TOWN OF FRASER
RESOLUTION NO. 2016-12-10
SUMMARIZING REVENUES AND EXPENDITURES FOR EACH FUND AND
ADOPTING THE BUDGET FOR THE TOWN OF FRASER, COLORADO
FOR THE FISCAL YEAR 2017
WHEREAS, The Board of Trustees of the Town of Fraser has appointed the Town
Manager to prepare and submit a proposed budget to said governing body at the proper time;
and
WHEREAS, the Town Manager has submitted a proposed budget to said governing
body for its consideration; and
WHEREAS, upon due notice published in accordance with Colorado Statutes, the
budget was available at the Fraser Town Hall and public hearings were held on Nov. 2; Nov. 16,
December 7, 2016 giving interested taxpayers the opportunity to file or register any objections to
said budget; and
WHEREAS, the proposed budget remains in balance, as required by law.
NOW THEREFORE, BE IT RESOLVED by the Board of Trustees of the Town of Fraser,
Colorado that:
SECTION 1. Revenues for each fund are set as follows:
General Fund
$ 4,587,264
Restricted Revenue Fund
$ 580,250
Conservation Trust Fund
$ 25,185
Capital Equipment Replacement Fund
$ 663,767
Capital Asset Fund
$ 162,051
FREP Fund (a Special Revenue Fund)
$ 0
Debt Service Fund
$ 474,585
Water Fund
$ 2,122,441
Wastewater Fund
$ 2,977,413
Joint Facilities Fund - O&M
$ 1,051,128
Joint Facilities Fund - CRR
$ 1,936,255
SECTION 2. Expenditures for each fund are estimated as follows:
General Fund
$ 3,163,692
Restricted Revenue Fund
$ 521,300
Conservation Trust Fund
$ 0
Capital Equipment Replacement Fund
$ 315,418
Capital Asset Fund
$ 162,000
FREP Fund (a Special Revenue Fund)
$ 0
Debt Service Fund
$ 474,585
Water Fund
$ 1,631,969
Wastewater Fund
$ 720,931
Joint Facilities Fund - O&M
$ 850,888
Joint Facilities Fund - CRR
$ 521,000
SECTION 3. Any and all year-end fund balances shall be considered an Unassigned
Fund Balance increase and therefore part of the 2017 fiscal year spending, within the
meaning of article X, section 20(2)(e) of the Colorado Constitution.
The Budget, as submitted, and herein above submitted by fund, hereby is adopted and
approved as the Budget for the Town of Fraser for the fiscal year 2017.
Said Budget is hereby approved and made part of the public records of the Town.
READ, PASSED ON ROLL CALL VOTE, AND ADOPTED BY THE BOARD OF TRUSTEES
THIS 71h DAY OF DECEMBER, 2016.
Votes in favor: BOAR F TRUSTEES OF THE
Votes opposed: TOWN O FRASER, COLORADO
Absent:
Abstained: C) BY:
Mayor
(C'04
OFFnq ATTEST:
(SEAL) SF�U, EAL Town CI0RA00
TOWN OF FRASER
RESOLUTION NO. 2016-12-11
LEVYING PROPERTY TAXES TO HELP DEFRAY THE COSTS OF GOVERNMENT
FOR FRASER, COLORADO, FOR THE BUDGET YEAR 2017
WHEREAS, the Board of Trustees of the Town of Fraser has adopted the annual budget
in accordance with all Local Government Laws, on December 7, 2016; and
WHEREAS, the 2017 final valuation for Fraser, as certified by the County Assessor on
November 28, 2016, is $35,573,910.
NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of the Town of Fraser,
Colorado that:
SECTION 1. For the purpose of meeting all general operation expenses of the Town
during the 2017 Budget year, there is hereby levied a tax of 5.886 mills upon each and
every dollar of valuation for assessment of all properties within the Town of Fraser for
the year 2017. Based upon the November 28, 2016 final assessed valuation certification
as provided by the County Assessor, this would result in an amount of
$209,388.03.
SECTION 2. The Town Manager is hereby authorized and directed to immediately
certify to the County Commissioners of the County of Grand, the mill levies for the Town
of Fraser as herein above described and fixed.
READ, PASSED ON ROLL CALL VOTE, AND ADOPTED BY THE BOARD OF TRUSTEES
THIS 7th DAY OF DECEMBER, 2016.
Votes in favor: BOARD OF TRUSTEES OF THE
Votes opposed: TOW FRASER, COLORADO
Absent: Z�
Abstained: BY:
Mayor
OF FFs� ATTEST: \
(SEAL)
SEAL Town Cle k
cOL OR PLO
County Tax Entity Code DOLA LGID/SID
CERTIFICATION OF TAX LEVIES for NON -SCHOOL Governments
TO: County Commissioners' of Grand County Colorado
On behalf of the Town of Fraser
(taxing entity)
the Board of Trustees
(governing body)$
of the Town of Fraser
(local government)
Hereby officially certifies the following mills
to be levied against the taxing entity's GROSS $ 35,573,910
assessed valuation of: (GROSS assessed valuation, Line 2 of the Certification of Valuation Form DLG 57 )
Note: If the assessor certified a NET assessed valuation
(AV) different than the GROSS AV due to a Tax
Increment Financing (TIF) Area the tax levies must be $ 35,573,910
calculated using the NET AV. The taxing entity's total (NET assessed valuation, Line 4 of the Certification of Valuation Form DLG 57)
property tax revenue will be derived from the mill levy
multiplied against the NET assessed valuation of
Submitted: 1218116 for budget/fiscal year 2017
(not later than Dec. 15) (mm/dd/yyyy) (yyyy)
PURPOSE (see end notes for definitions and examples) LEVY' REVENUE'
1. General Operating Expenses" �.886 mills $ 209,388.03
<Minus> Temporary General Property Tax Credit/
Temporary Mill Levy Rate Reduction' < 0 > mills $ < 0 >
SUBTOTAL FOR GENERAL OPERATING: mills S
3. General Obligation Bonds and Interest' 0 mills $ 0
4. Contractual Obligations" 0 mills $ 0
5. Capital Expenditures' 0 mills $ 0
6. Refunds/Abatements' 0.0 mills $ 0
7. Other" (specify): 0 mills $ 0
0 mills $ 0
TOTAL: Sum of General Operating
Subtotal and Lines 3 to 7 5.886 Ill ills $ 209,388.03
Contact person: Daytime
(print) Jeffre D. ,>r phone: (970 ) 726-5491
Signed: Title: Town Manager
Include one copy of thi ctx ntity's completed form when filing the local government's budget by January 31st, per 29-1-113 C.R.S., with the
Division of Local ernment (DLG), Room 521, 1313 Sherman Street, Denver, CO 80203. Questions? Call DLG at (303) 866-2156.
t If the taxing entity's boundaries include more than one county, you must certify the levies to each county. Use a separate form
for each county and certify the same levies uniformly to each county per Article X, Section 3 of the Colorado Constitution.
' Levies must be rounded to three decimal places and revenue must be calculated from the total NET assessed valuation (Line 4 of
Form DLG57 on the County Assessor's_final certification of valuation).
Form DLG 70 (rev 7/08) Page 1 of 4
TOWN OF FRASER
RESOLUTION NO. 2016-12-12
APPROPRIATING SUMS OF MONEY TO VARIOUS FUNDS AND SPENDING AGENCIES, IN
THE AMOUNT AND FOR THE PURPOSE AS SET FORTH BELOW, FOR THE TOWN OF
FRASER, COLORADO FOR THE BUDGET YEAR 2017
WHEREAS, the Board of Trustees of the Town of Fraser has adopted the annual budget
in accordance with Colorado's Revised Statutes on December 7, 2016;
WHEREAS, the Board of Trustees has made provisions therein for the revenues in an
equal amount or greater than the total expenditures as set forth in said budget; and
WHEREAS, it is not only required by law, but necessary to appropriate the revenues
provided in the budget to and for the purposes described below, so as not to impair the
operations of the Town of Fraser, Colorado.
NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of the Town of Fraser,
Colorado that:
SECTION 1. The following sums of money are appropriated from the revenues
provided of each fund, for the purposes stated:
General Fund
$ 3,163,692
Restricted Revenue Fund
$ 521,300
Conservation Trust Fund
$ 0
Capital Equipment Replacement Fund
$ 315,418
Capital Asset Fund
$ 162,000
FREP Fund (a Special Revenue Fund)
$ 0
Debt Service Fund
$ 474,585
Water Fund
$ 1,631,969
Wastewater Fund
$ 720,931
Joint Facilities Fund - O&M
$ 850,888
Joint Facilities Fund - CRR
$ 521,000
SECTION 2. Any and all year-end fund balances shall be considered an Unassigned
Fund Balance increase and therefore part of the 2017 fiscal year spending, within the
meaning of article X, section 20(2)(e) of the Colorado Constitution.
READ, PASSED ON ROLL CALL VOTE, AND ADOPTED BY THE BOARD OF TRUSTEES
THIS 7th DAY OF DECEMBER, 2016.
Votes in favor: BOARD OF TRUSTEES OF THE
Votes opposed: TOWN 7zRASER, COLORADO
Absent:
Abstained: BY:
Mayor
(04
OF FATTEST:
(SEAL)SEAL Town C rk ORAOO