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06.08.16 OSBT PacketOPEN SPACE BOARD OF TRUSTEES Wednesday, June 8, 2016 Council Chambers, 1777 Broadway MEETING AGENDA (Please note that times are approximate.) 6:00 I. Approval of Minutes 6:05 II. *Public Participation for Items Not Identified for Public Hearing 6:15 III. Matters from Staff a) Boulder’s Climate Commitment and OSMP https://www-static.bouldercolorado.gov/docs/11-24- 15_Climate_Commitment_PRINT_READY-1-201605231619.pdf b) City Blue Line Update c) Update on the 2016 Funded Research Program d) Trails Update e) Agriculture Plan Update 7:45 IV. Matters from the Board 8:00 V. Review of and recommendation regarding the 2017 Open Space and Mountain Parks Department Capital Improvement Program Budget and a portion of the Lottery Fund Capital Improvement Program Budget. 8:30 VI. Adjournment * Public hearing AGENDA ITEM 1 PAGE 1 OPEN SPACE BOARD OF TRUSTEES Minutes Meeting Date May 9, 2016 BOARD MEMBERS PRESENT Frances Hartogh Molly Davis Tom Isaacson Curt Brown STAFF MEMBERS PRESENT Tracy Winfree Jim Reeder John Potter Mark Davison Mark Gershman Deryn Wagner Don D’Amico Abbie Poniatowski Alycia Alexander Leah Case Chad Brotherton Kelly Wasserbach GUESTS Susan Connolly, Deputy Director of Community Vitality Greg Guibert, Chief Resilience Officer Melanie Sloan, Transportation Planner Brian Wiltshire, Transportation Planner CALL TO ORDER The meeting was called to order at 6:02 p.m. AGENDA ITEM 1 – Approval of the Minutes Curt Brown said on page 2 it should read, “Curt asked if this bridge is worth the amount of work required at the south abutment.” Molly Davis moved that the Open Space Board of Trustees approve the minutes from April 13, 2016 as amended. Curt Brown seconded. This motion passed four to zero; Kevin Bracy Knight was absent. AGENDA ITEM 2 – Public Participation for Items not on the Agenda Anne Fenerty, Boulder, addressed the Board regarding the Rocky Flats Property. She said this is designated as one of the worst and most dangerous places, and the plan for Rocky Mountain Greenways would lead through one of the most contaminated areas on the site. She asked the Board to please reconsider what is being approved. Juliet Gopinath, Boulder, asked Open Space to consider purchasing the Twin Lake fields. Boulder County Parks and Open Space is not interested in this property despite the fields meeting all five of the criteria for an Open Space acquisition. AGENDA ITEM 3 – Matters from Staff John Potter gave an update on several staff projects, including the annual “Purge the Spurge” event. Curt Brown asked staff to follow up with more information on the before and after effects from this event. Frances Hartogh complimented the outreach on this project. Melanie Sloan, Transportation Planner, presented the final designs for Chautauqua Pedestrian Safety, Access and Lighting Improvements Project. Frances asked if there will be improved Americans with Disabilities Act (ADA) parking along the street. Melanie said parking designation along Baseline Road will not be changing. AGENDA ITEM 1 PAGE 2 Susan Connelly, Deputy Director of Community Vitality, presented the Chautauqua Access Management Plan (CAMP). Tom Isaacson asked if the proposed timeline is too ambitious. Susan said the timeline is flexible, but ideally several pilot projects will be identified (after data collection this summer) for completion in 2017. Tom asked how the community workgroup will be selected. Susan said they will solicit broadly, and look to have variety of perspectives represented. Kelly Wasserbach, Engineering and Project Management Supervisor, and Chad Brotherton, Maintenance Person III, Trails, gave an update on the Chautauqua Meadow Trail flood repair, as well as an update on the bridge replacement on the Amphitheater Trail over Gregory Canyon Creek. Curt suggested not going too small in the proposed gathering areas; the meadow has already been compromised and people are going to spread out either way. Tom asked how the design will help keep people within the gathering area. Chad said staff will utilize the existing natural structures to serve as a barrier and define the space. Molly Davis asked if this project will limit the existing field view. Chad said this should not take away from the view. Frances suggested signage indicating icy conditions and reminding people to still stay on trail due to sensitive conditions. Greg Guibert, Chief Resiliency Officer, gave an update on the City of Boulder Resilience Strategy. Curt asked how this will impact Open Space. Tracy said this will be helpful in the Open Space Master Plan efforts as well as in conversations related to climate change. Molly asked if Boulder has communicated with other land management agencies. Greg said yes, this has generated a lot of excitement. Frances suggested discussing Open Space separate from the urban ecosystem category. She said she recently attended a climate change meeting with several other boards. This helped her to understand better in what role Open Space lands can play in climate change issues. Deryn Wagner, Environmental Planner, gave an update on the Rocky Mountain Greenways. Curt asked if the National Environmental Policy Act (NEPA) analysis covers the trail crossing and alignment. Deryn said analysis would be combined with any trail alignments on the refuge itself; she noted that there is flexibility in routing the greenway through the Flats in order to address concerns along the way. Frances asked about this area being designated as a Superfund. Deryn said the current proposed alignment avoids this area; if something is found unsafe, there could still be options with this funding that would allow for a different alignment. Frances asked about the larger feasibility study. Deryn said this has been pushed back largely due to the grant process. Abbie Poniatowski, Central Services Division Manager, presented on the draft 2017-2022 Capital Improvement Program (CIP). Tom asked about the budget for trail maintenance efforts. Abbie said currently this line item it just to show that this is a priority; numbers will be refined overtime and after analysis. Tracy added that this is a new line item; she noted that this will not replace the existing operating budget. Frances asked if the top priorities have been defined for the North Trail Study Area (TSA). Tracy said this will partially depend depend on council guidance. Frances asked about the West TSA implementation. Tracy said flood projects being reimbursed by Federal Emergency Management Agency (FEMA) overlap with the West TSA, and will likely be completed first. Molly asked what is included in the for capital agriculture budget. John said that line item is for bigger projects addressed in management plan. AGENDA ITEM 4 – Matters from the Board Molly Davis and Mark Gershman, Environmental Planning Supervisor, gave an update on the 2017-2022 Greenways Capital Improvement Program and Draft Community and Environmental Assessment Process (CEAP) for Fourmile Canyon Creek Greenways Improvements from Upland Avenue to West of Broadway. AGENDA ITEM 1 PAGE 3 Frances and Molly provided a statement about why they voted the way they did on the North TSA Draft Plan. ADJOURNMENT: The meeting adjourned at 9:00 p.m. These draft minutes were prepared by Leah Case. MEMORANDUM TO: Open Space Board of Trustees FROM: Tracy Winfree, Director, Open Space and Mountain Parks Brian Anacker, Science Officer DATE: June 8, 2016 SUBJECT: Open Space and Mountain Parks Funded Research Program ________________________________________________________________________ The following projects have been approved for OSMP’s 2016 Funded Research Program: PI(s) Affiliation Title Carlson, Erick; Cooper, David Colorado State University Investigating biodiversity of ditch and stream riparian communities on City of Boulder Open Space Cottrell, Stuart; Raadik, Jana Colorado State University Visitor perceptions and acceptability ratings of recreation impacts: Comparison between visitors and managers. Hoffman, Ava; Smith, Melinda Colorado State University Diversity and drought adaptation within a dominant shortgrass prairie species: Can genetic and phenotypic diversity buffer climate change across local gradients? Lawhon, Ben; Taff, Derrick; Wimpey, Jeremey Leave No Trace Exploration of social and ecological impacts of pet waste on open space lands Reed, Sarah Wildlife Conservation Society A pilot study of potential effects of human recreation activity on Abert's squirrel (Sciurus aberti) and dusky grouse (Dendragapus obscurus) in Boulder County Rodman, Kyle; Veblen, Thomas CU Boulder A spatiotemporal analysis of changes in forest extent of the Northern Front Range Schorr, Robert Colorado State University Understanding microsite habitat use by Preble’s meadow jumping mouse AGENDA ITEM 3C PAGE 1 MEMORANDUM TO: Open Space Board of Trustees FROM: Tracy Winfree, Director, Open Space and Mountain Parks Mark Davison, Community Connections and Partnerships Manager Mark Gershman, Planning Supervisor Kacey French, Planner 1 DATE: June 8, 2016 SUBJECT: Agricultural Resources Management Plan Update: Revised Plan Outline ________________________________________________________________________ The attached outline is being provided in the agenda packet as background for staff’s update on the Agricultural Resources Management Plan (Ag Plan). Staff will be giving a presentation on June 8 to provide a progress update for the Board as well as a revised schedule for completion of the plan. The outline is provided here as an opportunity to review in advance of the meeting. The outline is organized by the proposed major chapter headings with subheadings providing an indication of the content that each chapter will cover. The content under each subheading will be organized under the following general structure:  Policy Guidance  Existing Conditions  Goals  Management Strategies/Recommendations  Measures of Success In addition to covering the outline and timeline as part of the June 8 update; examples of draft sections of the plan will highlight how the final product will appear. Please contact Kacey French with questions or comments by phone 720-564-2081, or by email frenchk@bouldercolorado.gov AGENDA ITEM 3E PAGE 1 Agricultural Resources Management Plan Outline Introduction Purpose Planning Context Agricultural History & Value Summary of Existing Agricultural Conditions Agricultural Management Working Lands Leasing Agricultural Lands Diversity of Agricultural Operations Connecting Farmers to Local Markets Connecting Farmers to Resources Infrastructure: Structures Infrastructure: Water Delivery Soil Conditions Integrated Pest Management Climate Change Preparedness Ecological Integration Bobolink Habitat Ute Ladies’ Tresses Habitat Raptor Habitat Pollinator Habitat Prairie Dog Habitat Grazing in Native Grasslands Riparian Areas Water Quality Community and Visitor Integration Scenic and Cultural Resources Public Access/Passive Recreation Community Connections Local Foods Education and Outreach Service Learning and Volunteers Acquisitions Land Acquisition Water Rights Acquisition Plan Implementation AGENDA ITEM 3E PAGE 2 C I T Y O F B O U L D E R OPEN SPACE BOARD OF TRUSTEES AGENDA ITEM MEETING DATE: June 8, 2016 AGENDA TITLE Review of and recommendation regarding the 2017 Open Space and Mountain Parks Department Capital Improvement Program Budget and a portion of the Lottery Fund Capital Improvement Program Budget. PRESENTERS Tracy Winfree, Director, Open Space and Mountain Parks Abbie Poniatowski, Central Services Manager Lauren Kilcoyne, Financial Services Supervisor EXECUTIVE SUMMARY The purpose of this item is a request for the Open Space Board of Trustees (OSBT) to: Review, approve and recommend that the Planning Board approve the Open Space and Mountain Parks (OSMP) Department’s 2017 Capital Improvement Program (CIP) budget of $9,530,000 and make a recommendation concerning the allocation of a portion of the city’s Lottery Fund Capital Improvement Program Budget in the amount of $766,450 in 2017. This series of agenda items is three-fold. At the April business meeting, staff provided a briefing, information sharing and Q&A on the draft 2017 Work Plan and Budget. In May, staff presented a draft CIP Budget for discussion. For additional information, the OSBT meeting packets are located here: April 13 Agenda Item 4D Pages 1-43 May 9 Agenda Item 3D Pages 1-32 At the June 8 meeting, there will be a public hearing for the community to comment on the proposed 2017-2022 CIP. After considering public comment, the OSBT will make a recommendation. The public will also have an opportunity to comment during the Planning Board’s CIP review in July and City Council’s discussions and review of the 2017 recommended budget during future public hearings later this fall. AGENDA ITEM 5 PAGE 1 STAFF RECOMMENDATION Staff requests Open Space Board of Trustees’ consideration of this matter and action in the form of the following motion: Motion to approve, and recommend that Planning Board approve, an appropriation of $9,530,000 in 2017 from the Open Space Fund CIP as outlined in this memorandum and related attachments; and recommend that $766,450 be appropriated from the city's Lottery Fund CIP in 2017 as outlined in this memorandum and related attachments. BACKGROUND The 2017-2022 CIP represents a marked shift towards system stewardship and taking care of existing infrastructure. The top priorities for 2017 include completing the recovery of damage caused by the September 2013 flood in order to qualify for FEMA reimbursement, working to implement the priorities of several OSMP management plans and working with partners to develop regional trails. In addition, OSMP will be working on an update to the Visitor Master Plan which will be recast as the Open Space and Mountain Parks Master Plan. Current Focus for Capital Planning and Projects in 2017 While core service delivery continues throughout the year, OSMP also is pursuing high profile community initiatives in support of Board and council goals. Those community initiatives translated into department priority projects are as follows: Complete Flood Recovery of Trails and Habitat that are FEMA reimbursable and continue work on flood projects that are not reimbursable (includes county coordination); Visitor Master Plan Update to be recast as Open Space and Mountain Parks Master Plan or OS(MP)² – Continue plan, completing it in 2019 - establishes policy guidance, goals, objectives, priorities and measures of success across services and programs, and addresses overarching issues such as carrying capacity, night-time and temporal use and climate change mitigation and adaptation; Implement Top Priorities of West Trail Study Area (TSA), North TSA, Agricultural Resource Management Plan, and reduce facility deficiencies and maintenance backlogs; Continue to Implement Grassland Ecosystem Management Plan and Forest Ecosystem Management Plan (FEMP), giving special attention/guidance to elements that need updating or refreshing, particularly the FEMP; and Develop Regional Trails through strategic property acquisition, coordination with other agencies and other avenues as needed (e.g., Eldorado to Walker Ranch, Joder and the Boulder Creek Path extension). Recommended 2017 CIP Projects The CIP strives to complete flood recovery, allow for implementation of various ecosystem conservation and area plan implementation and address core services across the department. There are a number of AGENDA ITEM 5 PAGE 2 recommended refinements in the proposed CIP. For example, in service of the guiding principle “take care of what we have” there are changes in OSMP’s Capital Maintenance category, such as anticipating the outcome of the buildings/structures assessment in Facilities Maintenance; a new budget item to invest in proactive conservation projects addressing ecosystem preservation and habitat restoration; and annualizing major trail maintenance. Past budgeting practices in Land and Asset Acquisition included a portion of property acquisition funds to stabilize newly acquired property. For improved transparency, the budget proposes breaking out new property stabilization as its own line item rather than embedding it in new property acquisition. For planning purposes, the OSBT will notice a reduction in property acquisition funding beginning in 2020, which ties to retiring sales taxes. However, please note that the department is carrying over $13M in previously approved acquisition funds and has the authority and capacity to issue up to an additional $23M in property acquisition bonds. While staff is not recommending that this amount of bonding be issued at this time or any specific time in the future, staff is providing this information so the Board is aware of the department's capacity to respond to strategic acquisitions if the need arises. In addition, OSBT will see updated estimates for implementing: Open Space campus relocation/ modification; North TSA implementation; Phase II Confluence Area Restoration (following Phase I design) and includes the Amphitheater Bridge as a flood-related project, with a goal of achieving additional FEMA reimbursement. At the May 9 meeting, the OSBT discussion highlighted the need to resolve department space needs for staff, equipment, materials and vehicles; appreciated the need to continue to transition toward more stewardship; supported the need to base stewardship investments on sound analyses; and cautioned about setting expectations for issuing land acquisition bonds. Board members also asked a number of clarifying questions. Staff informed the Board that it had not yet received revenue projections and developed a conservative draft CIP. Subsequently, staff has received revenue projections and has some capacity to add to the CIP consistent with the themes already discussed with the Board. The recommended 2017 – 2022 CIP has been updated as follows: Increase the funding for campus relocation Increase the ongoing, out-year funding for stewardship/maintenance CIP projects (agricultural, cultural, ecosystem, facilities, major trail) Increase acquisition in out years (still a gradual reduction, but much more gradual) Allocate increased Lottery Funding for TSA implementation, to be determined 2017 CIP projects (Attachment A), categorized by citywide capital project types, are as follows. Lottery funded projects are indicated with an asterisk*. Project Category Project Description Recommended 2017 Funding Capital Enhancement Confluence Area Restoration - Phase II Restore riparian habitat in the Boulder Creek and South Boulder Creek confluence area $300,000 AGENDA ITEM 5 PAGE 3 Construction resulting in the expansion or significant improvement of an existing facility or asset Projects have a discrete start and end date Projects are location specific Farm Site Improvements Improvements to existing agricultural buildings and infrastructure, used for agricultural production, hay and equipment storage, livestock shelters and grain storage $60,000 Flood Eng. Trails – Skunk/Mesa Trail Crossing and Restoration Flood recovery project within the “Flood Eng. Trails” CIP that addresses recommendations of the West TSA $150,000 Flood Trails – Amphitheatre Bridge Flood recovery project within the “Flood Trails” CIP that incorporates the recommendations of the West TSA $305,000 Innovations (e.g. Biomimicry) Explore and encourage the use of different approaches to design and manage the OSMP system $75,000 NTSA Implementation Implementation of trail and conservation projects that were identified in the North TSA $400,000 S. Boulder Creek at E. Boulder Ditch Headgate Flood restoration project to improve existing ditch infrastructure while ensuring delivery of water rights and allowing fish passage $300,000 Trail Study Area Implementation Lottery funded implementation of trail and conservation projects identified in the TSAs, to be determined $466,450* Visitor Infrastructure Amenities - System Wide Improve amenities, including bike racks, trash cans, and visitor center improvements $200,000 West TSA Implementation Implementation of trail and conservation projects that were identified in the West TSA $400,000 Project Category Project Description Recommended 2017 Funding Capital Maintenance Projects result in the repair, replacement, or renovation of an existing asset Agricultural Facilities Projects Repair, replacement or renovation of existing agricultural infrastructure, including fencing and agricultural irrigation items $110,000 Cultural Resource/Facility Restoration Improvement of the condition of historic structures, including, but not limited to, barns, houses, sheds and shelters $110,000 AGENDA ITEM 5 PAGE 4 Projects may or may not have a discrete start and end date Projects are location specific or programs that cover a geographic area Ecological System Maintenance/ Restoration Ecological system maintenance and restoration advancing resource conservation as directed by Grassland and Forest Management Plans, Trail Study Area Plans, Agricultural Plan and eventually the Open Space and Mountain Parks Master Plan $110 ,000 Facilities Maintenance Implement facilities assessment recommendations on priority projects, deferred maintenance, and other capital facilities projects $200,000 Four Mile Creek Lottery funded project at Four Mile Creek Bridge south of Lee Hill $300,000* Major Trail Maintenance Trail Study Area Plans and the trails capacity study results will inform major trail maintenance investments $110,000 Project Category Project Description Recommended 2017 Funding Capital Planning Studies Project results in development of a study or plan which is intended to identify, plan, or prepare for the construction or acquisition of capital assets or capital program Projects have discrete start and end date OSMP Master Plan Update Recast the Visitor Master Plan update to develop an OSMP Master Plan, establishing policies and priorities that align the department with shared goals, measureable objectives and metrics to implement the Open Space Charter. $300,000 AGENDA ITEM 5 PAGE 5 Funding Overview and Financial Planning Considerations As part of the annual budget process, the City’s Budget Office provided preliminary tax projections for next year’s (2017) budget development. The City of Boulder’s 2016 sales and use revenue collections are lower than projected and have been adjusted for financial planning purposes in the out years accordingly. See the Open Space Fund Financial (Attachment B). Staff anticipated the trends and prepared a draft CIP budget that is relatively conservative. Additionally, staff learned that Lottery Fund allocation would increase by $400K in 2017. The department continues to be in a state of transition. Staff is striving to establish a reasonable and responsive direction in the proposed 2017–2022 CIP. As leadership and the organization transitions, there continues to be opportunity to make adjustments in the out years of the CIP while the OSMP fund remains fiscally sound. Also, the department is not projecting FEMA reimbursement in its cash flow at this time and will recognize those revenues as they are received. As a reminder, the department is funded from three sources, the Open Space Fund which includes the issuance of long-term bonds and notes payable for acquisition, the General Fund and the Lottery Fund: Open Space Fund - The Open Space Fund accounts for the acquisition and maintenance of land, with financing provided by sales taxes and the issuance of long-term bonds and notes payable. Approximately Project Category Project Description* Recommended 2017 Funding Land & Asset Acquisition Project or program results in the acquisition of real property, such as land, mineral or water rights, or permanent easements Projects may have discrete start and end dates, or may be programmatic Projects or programs may be location specific or city- wide Mineral Rights Acquisition Purchase underlying mineral interests from private property owners as they become available on the real estate market $100,000 New Property Stabilization Funds for new property stabilization/immediate improvements on OSMP Real Estate Acquisitions $200,000 OSMP Campus Relocation / Modification Study and analysis to identify preferred alternatives that may require remodeling existing spaces and/or reconstruction of some facilities, and/or evaluating new space on currently owned or potentially acquired property $1.4M OSMP Real Estate Acquisition Acquisition of additional acres of open space, aligned with the OSMP acquisition plan area as approved by OSBT and the City Council $4.5M Water Rights Acquisition Purchase additional water from private owners or others for use on Open Space and Mountain Parks for agricultural and environmental purposes $200,000 AGENDA ITEM 5 PAGE 6 92 percent of Open Space Fund revenue derives from dedicated sales and use tax collections. There are three sales tax increments that support the Open Space Fund: 0.40 percent sales tax which has no sunset; 0.33 percent sales tax which will be reduced to 0.22 percent on January 1, 2019 and exist in perpetuity; and 0.15 percent sales tax which will be repurposed for Transportation uses as of January 1, 2020, and repurposed again for general city purposes as of January 1, 2030, and which expires December 31, 2039. In 2014, OSMP issued a $10M General Obligation Bond to support real estate acquisition through the Open Space Fund, with 85 percent of funds to be expended by December 2017. General Fund – The General Fund is established to account for the revenues and expenditures necessary to carry out basic governmental activities of the city such as public safety, human services, legal services, administrative services, and others which are not required to be accounted for in another fund. General Funds allocated to departments are spent in accordance with the departments’ charters and missions. Open Space and Mountain Parks receives General Funds to support the work of 0.27 FTE on citywide real estate projects and initiatives. Lottery Fund - Open Space and Mountain Parks also expends Lottery Funds on CIP projects. The Lottery Fund derives its revenue from the Colorado Conservation Trust Fund. Lottery Funds can be used for acquisition, development and maintenance of new conservation sites and capital improvements and maintenance of public sties. ATTACHMENTS: A.Summaries of Open Space and Lottery Funds 2017-2022 Capital Improvements Program (CIP) B.Open Space Fund Financial AGENDA ITEM 5 PAGE 7 This page is intentionally left blank. AGENDA ITEM 5 PAGE 8 Estimated Total Cost 2017 Recommended 2018 Projected 2019 Projected2022 ProjectedOPEN SPACE & MOUNTAIN PARKS $ 40,541,450 $ 10,296,450 $ 8,415,000 $ 7,365,000 $ 5,130,000 CIP-CAPITAL ENHANCEMENT $ 8,181,450 $ 2,656,450 $ 1,935,000 $ 1,010,000 $ 760,000 $ 300,000 $ 300,000 $ - $- $ - $ 360,000 $ 60,000 $ 60,000 $ 60,000 $ 60,000 $ 300,000 $- $ 300,000 $- $ - $ 150,000 $ 150,000 $ - $- $ - $ 305,000 $ 305,000 $ - $- $ - $ 300,000 $- $ 300,000 $- $ - $ 650,000 $ 75,000 $ 175,000 $ 100,000 $ 100,000 $ 2,500,000 $ 400,000 $ 500,000 $ 500,000 $ 300,000 $ 300,000 $ 300,000 $ - $- $ - $ 466,450 $ 466,450 $ - $- $ - $ 1,200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 1,350,000 $ 400,000 $ 400,000 $ 150,000 $ 100,000 CIP-CAPITAL MAINTENANCE $ 5,740,000 $ 940,000 $ 750,000 $ 900,000 $ 1,125,000 $ 935,000 $ 110,000 $ 125,000 $ 150,000 $ 200,000 $ 935,000 $ 110,000 $ 125,000 $ 150,000 $ 200,000 $ 935,000 $ 110,000 $ 125,000 $ 150,000 $ 200,000 $ 1,700,000 $ 200,000 $ 250,000 $ 300,000 $ 325,000 $ 300,000 $ 300,000 $ - $- $ - $ 935,000 $ 110,000 $ 125,000 $ 150,000 $ 200,000 CIP-CAPITAL PLANNING STUDIES $ 1,450,000 $ 300,000 $ 100,000 $ 150,000 $ 400,000 $ 950,000 $- $ - $ 50,000 $ 400,000 $ 500,000 $ 300,000 $ 100,000 $ 100,000 $- CIP-LAND ACQUISITION $ 32,150,000 $ 6,400,000 $ 6,400,000 $ 6,000,000 $ 4,200,000 $ 600,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 1,200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 4,400,000 $ 1,400,000 $ 1,400,000 $ 1,000,000 $ 200,000 $ 24,750,000 $ 4,500,000 $ 4,500,000 $ 4,500,000 $ 3,500,000 $ 1,200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 Funding Summary by DepartmentRun Date: 6/01/2016 1:46:28 PM2020 Projected 2021 ProjectedUnfunded AmountSubtotal $ 910,000 $ 910,000 $ - Department Total $ 4,455,000 $ 4,880,000 $ - Flood Eng. Trails $- $- $ - Flagstaff Summit Improvements* $- $- $ - Confluence Area Restoration Phase 2 $- $- $ - Farm Site Improvements $ 60,000 $ 60,000 $ - NTSA Implementation $ 400,000 $ 400,000 $ - Innovations $ 100,000 $ 100,000 $ - Goodhue Ditch Fish Passage $- $- $ - Visitor Infrastructure Amenities $ 200,000 $ 200,000 $ - WTSA Implementation $ 150,000 $ 150,000 $ - S.Bldr Crk at E.Bldr Ditch Const $- $- $ - $ - $ 175,000 $ 175,000 $ - Subtotal $ 1,000,000 $ 1,025,000 $ - Agriculture Facilities Projects $ 175,000 $ 175,000 $ - Major Trail Maintenance $ 175,000 $ 175,000 $ - Four Mile Creek* $- $- $ - Flood Trails $- $- $ - Trail Study Area Implementation* $- $- Facilities Maintenance $ 300,000 $ 325,000 $ - Ecological System Maintenance/Restr $ 175,000 $ 175,000 $ - Cultural Resource/Facility Restorat ETSA - Plan and Implementation $ 200,000 $ 300,000 $- OSMP Master Plan Update $- $- $ - Subtotal $ 200,000 $ 300,000 $ - Mineral Rights Acquisition $ 100,000 $ 100,000 $- New Property Stabilization $ 200,000 $ 200,000 $ - Subtotal $ 4,700,000 $ 4,450,000 $ - Water Rights Acquisition $ 200,000 $ 200,000 $ - OSMP Campus Relocation $ 200,000 $ 200,000 $ - OSMP Real Estate Acquisition $ 4,000,000 $ 3,750,000 $ - ATTACHMENT AAGENDA ITEM 5 PAGE 9 .This page is intentionally left blank.AGENDA ITEM 5 PAGE 10 20152016201720182019202020212022Actual Revised Recommended Projected Projected Projected Projected ProjectedBeginning Fund Balance30,210,879$ 36,200,183$ 10,342,009$ 12,551,285$ 16,063,624$ 18,795,551$ 18,020,878$ 17,514,213$ Sources of FundsNet Sales Tax Revenue 30,852,206$ 30,203,888$ 31,100,648$ 31,900,914$ 28,631,678$ 23,647,504$ 24,256,313$ 24,880,906$ FEMA Flood Reuimbursement - - - - - - - - Investment Income101,247 104,000 107,120 110,334 113,644 117,053 120,565 124,181 Lease and Miscellaneous Revenue439,109 822,978 681,932 702,389 723,461 745,165 767,520 790,546 Voice & Sight Tag Program Revenue131,500 227,000 227,000 227,000 227,000 227,000 227,000 227,000 Bond Proceeds - 2014- - - - - - - - General Fund Transfer1,166,175 1,166,175 1,208,122 1,245,832 1,284,720 - - - Grants- - - - - - - - Total Sources of Funds32,690,236$ 32,524,041$ 33,324,822$ 34,186,469$ 30,980,503$ 24,736,722$ 25,371,397$ 26,022,633$ Uses of FundsGeneral Operating ExpendituresOffice of the Director- 1,668,205 1,719,799 1,771,393 1,824,535 1,879,271 1,935,649 1,993,719 Central Services2,623,172 3,005,311 2,831,804 2,916,759 2,838,025 2,923,166 3,010,861 3,101,186 Community Connections & Partnerships3,094,326 3,409,562 3,745,718 3,858,090 3,973,833 4,093,048 4,215,839 4,342,314 Resources & Stewardship4,224,702 3,442,941 3,388,654 3,490,313 3,523,299 3,628,998 3,737,868 3,850,004 Trails & Facilities3,173,028 3,631,861 2,779,203 2,774,892 2,858,139 2,943,883 3,032,199 3,123,165 Supplemental Operating- - - - - - - - Estimated Carryover/ATB - 22,979,254 - - - - - - Increase to 2016 base - operating increases- 1,067,500 - - - - - - Cost Allocation1,446,908 1,577,657 1,656,540 1,739,367 1,826,335 1,917,652 2,013,535 2,114,211 CIP- Capital Enhancement788,104 3,919,300 2,190,000 1,635,000 1,010,000 910,000 910,000 760,000 CIP- Capital Maintenance394,052 1,421,000 640,000 750,000 900,000 1,000,000 1,025,000 1,125,000 CIP- Capital Planning Studies-5,000 300,000 100,000 150,000 200,000 300,000 400,000 CIP- Land Acquisition662,774 5,700,000 6,400,000 6,400,000 6,000,000 4,700,000 4,450,000 4,200,000 CIP- New Facility/Infrastructure-500,000 ------Debt Service - BMPA1,701,487 1,587,507 1,002,209 767,597 663,022 663,022 593,655 593,655 Debt Service - Bonds & Notes4,380,006 4,467,118 4,461,618 4,470,719 2,681,388 652,356 653,456 649,356 Total Uses of Funds26,700,933$ 58,382,215$ 31,115,545$ 30,674,130$ 28,248,576$ 25,511,396$ 25,878,062$ 26,252,611$ Ending Fund Balance Before Reserves36,200,183$ 10,342,009$ 12,551,285$ 16,063,624$ 18,795,551$ 18,020,878$ 17,514,213$ 17,284,235$ ReservesOSBT Contingency Reserve2,500,000$ 4,467,118$ 4,461,618$ 4,470,719$ 4,681,388$ 4,000,000$ 4,000,000$ 4,000,000$ Pay Period 27 Reserve146,000 231,000 316,000 401,000 486,000 571,000 656,000 - Sick/Vacation/Bonus Reserve490,000 490,000 490,000 490,000 490,000 490,000 490,000 490,000 Property and Casualty Reserve400,000 400,000 400,000 400,000 400,000 400,000 400,000 400,000 FEMA De-obligation Reserve6,289 6,289 6,289 6,289 6,289 6,289 6,289 6,289 South Boulder Creek Flow Reserve 2,000,000 - - - - - - - IBM Connector Trail200,000 - - - - - - - Vehicle Acquisition Reserve300,000 - - - - - - - Facility Maintenance Reserve200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 Total Reserves6,242,289$ 5,894,407$ 6,073,907$ 6,268,008$ 6,663,677$ 6,167,289$ 6,352,289$ 5,796,289$ Ending Fund Balance After Reserves29,957,894$ 4,447,602$ 6,477,378$ 9,795,616$ 12,131,874$ 11,853,589$ 11,161,924$ 11,487,946$ Revenue projections 103.25% 103.25% 103.18% 103.11% 103.11% 103.11% 103.11%103.11%OPEN SPACE AND MOUNTAIN PARKSDRAFTATTACHMENT BOpen Space Fund FinancialAGENDA ITEM 5 PAGE 11