Loading...
6B - Public Hearing and recommendation to City Council regarding Parks & Recreation 2002 and 2003 Op.1 CITY OF BOULDER ~• PARKS AND RECREATION ADVISORY BOARD AGENDA ITEM w~. MEETING DATE: June 25, 2001 (Agenda Item Preparation Date: June 12, 2001) ~ AGENDA TITLE: Public Hearing and Recommendahon to City Council regardmg Pazks and Recreation 2002 and 2003 Operatmg Budgets REQUESTED BY: Doug Hawthorne and Lmda Kotowski, Actmg Co-Directors of Pazks and Recreahon Julya Bndgewater, Admmistrative Services Division D~rector FISCAL IMPACT: 2002 - $22,180,241 2003 - $22,219,003 PURPOSE: Acnon Item. To inform the PRAB of staffs subiruttal (see Attachment A) to the Crty Manager's budget guidelines Formal vote required for advisory recommendanon. The purpose is to provide an oppoRumty for advisory recommendauon to the City Council on budget pohcy issues for the Pazks and Recreation 2002 and 2003 Budget proposal submitted to the City Manager on June 8, 2001. BACKGROUND: The attached is the two-yeaz budget submission. The budget detazls all funds for operating and capital items. The PRAB previously voted on the CIP portion of the budget. The budget submission addresses the department's mazn responses to council goals. The pohcy questions concem the implementation and fundmg of the recent envuonmental audit and the need to redirect one-half, approximately $94,000, of future golf fees from capital expans~on to operatmg budget to contmue to be able to provide on-gomg daily services to c~uzens. Energy, fuel and labor costs in our fee-for-service progams (recreauon, reservoir and gol~ aze mcreasing at a rate that will force fees for services to increase as much as 10%. Staff is pro~ectmg revenues to match [he expenditures, but will have to closely monitor costs, and changes m participation and revenues due to NBRC closure and expansion. AGENDA TTEM # Paee 1 f~ STAFF RECOMMENDATION: Staff subrrutted the attached document to the City Manager as the~r recommendation. Staff has ,,,,,A no further recommendahon ATTACHMENTS: A. 2002, 2003 Budget Proposal for Pazks and Recreation Department ~'"~ ..~w' ~ AGENDA TTEM # Paee 2 , ,e ~ +~... ,• - .~. ~... Attachmen[ A 2002-2003 BUDGET SUBMISSION PARKS & RECREATION DEPARTMENT NIISSION STATEMENT The City of Boulder Pazks & Recreahon Department exists to provide caze for pubhc lands and opportunihes for personal growth. Ttuough active and passive pursuits, we work with the citizens of Boulder to provide opportumties to renew, restore, refresh and recreate, balancmg often suessful hfe-styles. It is our overall mtent to encourage the participation of individuals and fanuhes to develop the lughest possible level of physical and mental well-bemg It is our belief that well-balanced, healthy people contnbute to a produchve and healthy commumty BUDGET OVERVIEW Personnel (Operatrng) Non Personnel Expense (Operaung) Cost Allocation Transfers Debt Capital Improvement Program (CIP) Total 2000 2001 2002 2003 Actual Approved Proposed Proposed $9,336,478 $9,362,031 $9,373,497 $9,560,967 $6,106,903 $5,663,827 $6,193,668 $6,567,190 $439,771 $422,071 $168,956 $244,089 $1,620,303 $1,548,164 $1,721,350 $2,750,839 $4,755,333 $7,120,655 $4,722,770 $3,095,918 $22,258,788 $24,116,748 $22,180,241 $22,219,003 ~ Standard Fl'Es 141 25 161.75 159.25 159.25 Seasonal/'I'emporary FTEs 125 00 102.00 100.00 100.00 Total FI'Es 265 00 263.75 259.25 259.25 DEPARTMENT OVERVIEW The Pazks and Recreation Department provides a wide range of services to the cihzens of Boulder. The department consists of five drvisions: ,~ Administration prov~des overall adnumstrative, financial and personnel direchon and services to the department. Other admmistrauve services mclude public ~ relaaons, mazkenng, volunteer recruitment, program registrauon and the rental of picmc shelters, Central Pazk bandshell, and Salberg Pazk Buildmg. Parks manages 1,000 acres of Urban Pazks, the 1,400-acre Boulder Reservoir, the Urban Forest management of 40,000 urban uees, and the mamtenance of the 18 hole Flanrons Golf Course and Pleasantview Soccer Fields, 32 playgrounds, and tustoncal properties. Environmental Resources manages the natural lands of the department and also provides envuonmental expertise and educahon withm the department and to the public. Staff will be developmg and implementing management plans for exisung properties m 2001 and 2002, as well as plannmg and developmg wildhfe enhancements at Valmont Crty Pazk Recreation contnbutes to the physical, mental and social development of our citizens [hrough diverse recreauon programs offered at, but not limited to, three mdoor recreahon facilities, two outdoor pools, 22 ballfields, 15 soccer fields, 48 tenms courts, 10 sand volleyball courts, mne horseshoe pits, three basketball courts, a pottery lab, school sites, three in-lme hockey nnks, and other non- departmental facihties. Parks Planning and Construction plans for and produces high quahty facil~ues and mfrastructure necessary to meet ciuzens' demand for recreahon sernces For budgeung and accounhng purposes, a new fund was implemented m 2001 called the Pazks and Recreat~on Revenue Fund Tlus new fund separated out the Department's operating budget for Fee for-Service programs (recreation, golf and ~'A reservoir) from the remazmng General Fund's general governance services ~° (pazks, forestry, and admimstration). This new subsidized quasi-enterpnse fund provides operatmg flexibihty to the fee-for-service programs by allowmg for operatmg carryovers to offset years when revenues aze affected by weather, changes m program panc~ipahon or facil~ry attendance. The Department implemented the recommendanons of an mtemal management review of the City Pazks section of the Pazks Division m 2001. General mazntenance of urban pazks was reorganized mto three supervised geogragtuc zones wrth added supervision Fundmg for the mcreased supervis~on came from the .25% sales tax ballot issue. Additionally, specific mazntenance funcuons mcludmg imgat~on design and construction, playground mspecuon and muntenance, imgaUOn, and equSpment mazntenance were reorgamzed mto a separate sub-section w~ttun City Pazks. The Mountazn Pazks Division transfer to the new Department of Open Space/Mountain Pazks was implemented begimm~g in 2001. The Pazks and Recreation 2001 budget st~ll mcludes the Mountam Pazks Drvis~on. The budget transfer is reflected m the 2002 budget numbers. ~ ~ . The Department, m con~unchon wrth the Human Resources and Organizahonal f^' Effectiveness Department developed a pilot employee wellness program. It has ~' been very successful and an expansion to all city employees is planned to begm m January of 2002. North Boulder Recreahon Center is scheduled to close for approximately 13 months beginning August 2001 for a ma~or renovation. Every attempt will be made to mimmize down Ume to ciuzens. T'he Gymnastics center will remam open dunng most of the renovahon. Similaz to the situation dunng the South Boulder Recreation Center remodel, revenues and expendrtures associated with the daily operations will be reduced as programs ac~d sernces will be duected to other facihhes as space is ava~lable. However, a s~gmficant portion of the expenditure savmgs will be used to extend the season at Spruce Pool to mimmize service reducrions to swimmmg pool users and to rent program space at other facihties. Enhancements to the center mclude a new lap pool, a sepazate leisure pool, expanded gymnashcs azea, weight and, cazdiovasculaz azea, yoga rooms, locker rooms and a more efficient front desk and operaaonal control azea. These enhancements to the facil~ty, sernces and programs aze pro~ected to increase attendance and revenue begmnmg m 2002. The sigmficant change m expense and revenue m 2003 is attnbuted to a full yeaz operation of this new and larger facility. . Debt Service for 2000, 2001 and 2002 is lowered reflectmg the refundmg of Pazk .w-. Acquisiuon bonds and prepayment of debt service and begms regulaz debt .„., schedule again in 2003 CITY COUNCIL GOALS Economic Sustamabilitv - Pazks and Recreauon faciliues and programs aze attract~ve to busmesses and residents assistmg m mazntaimng our vital local economy; programs and toumaments generate customers for the local economy; the department contracts for services from local vendors; distmcuve maintenance of the Peazl Street Mall provides an attractive tounsm destmation supportmg sales tax generauon; Environmental Sustainabiluv - The Department's operations address this goal m many ways. We utrhze two of the total six City owned hybnd electric/fuel vetucles m our fleet; the renovation of the North Boulder Recreahon Center will be the first City buildmg constructed under the LEEDS energy conservahon program; the renovahon of the Spruce Pool provided a shghdy shallower depth requinng less water and less utilrties to mazntain; many of our recent pazk developments preserve or restore native habitat m addiaon to providing developed pazk facihUes recent examples mclude Eaton and Elmer's Two Mile Neighborhood Parks, Footlulls and East Boulder Commumty Parks, and Valmont City Pazk; created and implemented a new division of Environmental Resources servmg both the Department and the City; the Department will address the recommendahons from the Environmental Audit Parks, Forestry and Environmental Resources uuhze many of the practices highhghted m the Env~ronmental Audit such as water conservation, and mtegrated pest management. ,.,~ Transportahon - The design of the North Boulder Recreation Center renova[ion mcorporates car pool pazkmg stalls; Non-standazd employees not eligible for ECO Pass recerve reimbursement for bus use, we provide on-lme, fax, phone m, mail, and touch tone Program Registrauon alleviaUng the requuement to dnve to register for classes, provide neighborhood pocket pazks to allow for walkmg accessibility for recreational purposes; created two local dog pazks reducmg the need to dnve to more remote areas that allow dogs off leash. Affordable Housme - the program space at the Ins Center is also used for Homeless Shelter overflow. CHANGES IN FI'ES 17.5 FTE's were transfeaed from Mountam Pazks division to the new department of Open Space/Mountam Parks One mazntenance FTE m forestry and two mamtenance FI'Es m c~ty pazks were added to accommodate the growth in pazks Three new supervisor posiuons were added to the system resulting from management review recommended reorganization of C~ty Pazks. The department has been convertmg seasonal FTEs (2080 work hours) to Standazd status to provide efficiency and eqmty, to reduce turnover and overall numbers of employees required to fill each FI'E (average more than eight people per FTE), and to mcrease the effectiveness of programs and serv~ces. The 2001 FTE count reflects the first 23 of these posihons. These posihons aze bemg funded by convertmg non-standard seasonal personnel dollars to standard, and m ~ some cases, through mcreased revenues 8.63 posit~ons were filled m the first """ phase m 2000 and 2001and modeled m the 2002 budget The remunmg conversions will take place m 2001 and 2002. BUDGET POLICY ISSUES In 2001 the Department panc~ipated in a City-wide Environmental Audrt. Pazks recommendauons ranged from coordmation and uaimng issues, wtuch may be implemented with mimmal cost, to lazger pro~ects such as pesticide mimnuzation m the management of City and pazk trees, and a ma~or caprtal upgrade to the Pazks imgation system. Plans for implementadon of audrt recommendat~ons aze being developed dunng 2001. Does City Council approve additional fundmg for the implementauon of the Environmental Audit as recommended m the Parks Division? The Department has tradidonally charged an addrtional fee for each round of golf played ai Flatirons Golf Course for capital improvements at the Golf Course. Beginnmg m 1997, all fee mcreases were requested, approved and pubhcized as gomg to capital improvements In 2000, this addiuonal fee generated approximately $200,000. Now the golf course needs addiUOnal operatmg revenue and staff is proposmg to shift some of the capital fees to operatmg fees. The ~ department is reluctant to mcrease fees more than a mmimal amount, as our green '"'" fees surveys of mumcipal golf courses m the meuo Denver area indicate that we `"""' aze not able to chazge what newer courses chazge due to age and condihon of our support facihties. Staff is proposmg to move approximately one half of the future dollars eannazked for the Expansion Fund (approximately $94,000) and use them for general operatmg purposes. Does Council agree that these revenues should be used for general operadons purposes (and not used to cover the costs of future Golf Course capital pro~ects)~ REVENUE ISSUES . The Pazks and Recreahon Revenue Fund (expense budget of $7.5 M), is essentially a fee for service operat~on ($6M m revenue), programs and facilities mcluded m the fund aze the Golf Course, the Reservoir, all of RecreaUon mcluding EXPAND, AthleUCS, Centers, Pools, and all other programs The Department is finding it difficult to keep pace wrth City-wide salary mcreases, seasonal labor cost mcreases, and normal operatmg mflahon compounded by the lazge energy mcreases at our faciht~es In 2002, the programs will recerve a$1 SM subs~dy from the General Fund, only a$33K mcrease from the 2001 budget. Of the total budget of $7.SM, standard salanes are $3.4M, non-standard salanes are $2M leaving the balance of $2 1M to handle mcreases to non-personnel expenses mcludmg the significantly mcreasmg energy costs at centers and pools (approximately an addihonal $160K m 2002 and .- another addiuonal $160K m 2003). With a nummal subsidy mcrease of $33K to cover the mcreases to operat~ng, the weight to balance ttus budget falls heavily on the abihty to mcrease revenues at a rate much kugher than mflat~on or to cut programs that are heav~ly subsidized. This will impact the EXPAND program, a program for people wrth disabihties, and recreat~on programs for youth m public housmg s~tes, both of wluch do not generate much revenue. Other subsidized azeas are the outdoor pools and recreahon centers. The outdoor pool season will need to be shortened and center hours will be reduced. The Department has already slufted resources as the need to increase standazds and mternal conuols becomes more sigmficant and these requirements condnue to impact the budget Admission fees for the Recreahon Centers and swimmmg pools aze at, or close to, mazket rates and m many cases above the rates of neighbonng mumcipalihes. Program fees aze ad~usted penodically based on surveys of the market at~d analys~s of actual program costs. Cost effechveness of contmuing these programs is analyzed on a contmual basis and appropnate response is taken. The reducuon of t6e Adventure program m the recent past is an example of ttus. Fees conhnue to increase to help cover expenses as we expenence difficulty m tunng qualified staff without paying compeatrvely as is the case for l~feguazds m our swim programs. ~- The Department has been takmg achon to mcrease revenues through our Cap~tal Improvement Program The renovation at South Boulder Recreation Center has resulted m a modest mcrease of usage and revenues m that facility. Renovations ~ at Salberg Center and Spruce Pool may result m a small mcrease m revenues, but more sigmficantly m a decrease to ongoing repair expend~tures The ma~or renovahon at the North Boulder Recreation Center has been designed to s~gmficandy enhance revenues from a new leisure pool and expanded space for the very populaz Gymnastics and Yoga programs. Many aspects of energy conservaaon technology mcorporated m[o the renovation should also nvtigate some of the energy cost mcreases. Also, the purchase of the former Angel Pines Country Club at the Flatirons Golf Course has prov~ded some revenue from the existmg operatmg vendors. Increased revenues from these renovat~ons mentioned above would help offset mcreased labor, uulity, and fuel costs. However, groen market constramts upon fees, coupled by sigmficant energy increases to large energy consummg recreaGOn faciliaes and pools, there is a concem that addiaonal subsidy may be required to mamtazn wrrent services and facilities m addihon to the expansion of services that will be offered at the North Boulder Recreahon Center. However, for 2002 and 2003 revenues have been mcorporated to balance th~s budget without addrtional subs~dy. The unknown revenue impact of a closed facilrty dunng much of 2002 and the level and rate of attraction of the new facility m 2003 makes these revenue pro~ecuons soft at this early ~uncture. The EXPAND Program conducts three fundrusmg events annually - The Duck ~ Race, Golf toumament and Fairy Tale Trail. Fundrazsmg revenue for the EXPt1ND program is d~fficult to forecast. As the need for programs for people w~th d~sabilities has grown, staff devotes more efforts to programs and less to fundtaismg puttmg some components of tlus program at nsk. The Department completed a master plan for the 2 6 acre Angel Pmes Country Club facihty in 2001. 'The Pazks and Recreation Advisory Boazd approved the eventual demolihon of the 18,000 s f. buildmg, tenms courts and pool Fundmg for some of the m~mmum improvements is planned from m golf expansion fees of approximately $1M, however a ma~or portion of the remammg estimated $3.SM would be needed to fund a ma~onty of the new construction. Until this pro~ect is completed meeung golfers expectations and the amemues found at o[her mumc~pal facihties, staff beheves that golf fees cannot be raised much fiuther wuhout negatively impacung attendance resultmg m lower revenues overall. Examples of Partnenng: FAM support; FAM Pro~ect Management assistance on pro~ects such as Spruce Pool renovation, Greenways coordmaaon w~th Pazks at Valmont City Park cons[ruction; trees for Public Works, ,--. . Forestry utilizes Integrated Pest Management prachces and closely monitors ~ msect populahons of pazk trees Through close momtonng, staff has successfully avo~ded spraymg some park uees each yeaz savmg money and reducmg the need for peshcide usage , Based on customer requests, the Department expanded the lawn azea at the south shore of Boulder Reservoir m 2001. This ~mprovement has enabled the Department to develop two addiUOnal group picmc azeas, thus increasmg revenue potenhals and customer satisfact~on. All imgation and lawn mamtenance services resulUng from this expansion have been outsourced, resultmg m no additional FTE's and eqwpment needed to mamtazn this new turf azea. . The City Parks Section reorganization has resulted m numerous efficiencies mcludmg less dnvmg from park zone shops, quicker response time for citizen requests, more direct contact with citizens, better reportmg and record keepmg and better momtonng of water and peshc~de use. . The renovauon of Spruce Pool mcludes a more efficient design with shallower lap lanes, reducmg water volume, chemical [reatment and heahng needs. . A planned replacement of pottery kilns with lazger, more efficient models resulted m energy savings and ability to add classes. In addrt~on, tlus allows for an opportumty to reorgamze equipment providmg for addihonal class space addmg more students per class and mcreasmg revenues. . Utihzed 1,595 Commumty Sernce hours m mamtammg cleanhness standards at East Boulder Commumty Center thus decreasmg conuactual custodial costs . EXPAND Program uUl~zed services of eight mterns to decrease part hme staff ° costs. . The Department has ual~zed over 3Q000 volunteer hours to support our EXPAND, Adopt-a-Pazk, Youth Recreahon Programs, and Boulder Creek Festival . Cross-functional utihzation of staff m the Athletics program assists m handhng peak times m vanous programs, reducmg the need to hire temporary staff. . On-line, touch-[one registrahon implemented to allow cihzens to register for class 24 hours a day, 7 days a week PRI VATIZATION/OUTSOURCING/CONTRACTING The Department utihzes the pnvate sector for many sernces where it is deemed to be more cost efficient or when special skills aze needed not readily avazlable mternally We contract over $1,000,000 per year for a multitude of on-gomg sernces. Ma~or sernces contracted for mclude• consultant sernces, trash disposal, street and pazk tree removal; street and pazk tree prunmg and pazk tree spraymg; custodial services; fertiLzer application; flower and bulb growing; soccer officials; mstructors for recreation programs; food concessions, pool ma~or muntenance, pnnung and couner services 7 PERFORMANCE MEASURES -~+, Recreation Center Attendance Outdoor Pool Attendance Adult Attiletics PaR~c~pation Recreation Class Enrollment Three urban parks acres per 1,000 population Reservoir Attendance per season Rounds of golf per year Actuals 2000 468,395 51,474 53,475 53,520 52,000 116,624 116,625 116,625 116,625 25,226 25,266 25,013 25,519 3/1000 3/1000 3/1000 3/1000 199,000 52,238 202,000 56,000 204,000 55,000 206,000 55,000 Target 2001 445,040 Target 2002 490,515 Target 2003 635,500 The City of Boulder's Citizens Survey, conducted every two years, measures customer sarisfaction of Pazks and Recreat~on services. Respondents to the survey represent a scienufically deternuned cross-section of the commumty The followmg results aze from '~'* the 1999 Boulder Cirizens Survey, representmg [he opmions of who have used the "9 mdicated facility/program A. Recreation Centers 90% `good' or `very good' C Parks 87% `good' or `very good' D. Parks and Recreation programs and classes 87% `good' or `very good' E Other recreauon facilihes, e.g., golf course, outdoor swimmmg pools: 71% `good' or `very good' ~ ...~m 8 '"~ PARKS AND RECREATION 1995 BALLOT ISSUE FUND W..- (.25 CENT SALES TAX FUND) 2002-2007 CAPITAL IMPROVEMENTS PROGRAM OVERVIEW The 1995 Ballot Issue Fund revenues were pledged for "... Payment for the pnncipal, mterest, and premium, is any, on .... bonds, and then for development, operaaon, and mazntenance of the land and improvements purchased or constructed with the proceeds of the bonds; renovanon aad refurbishment or replacement of four pools, renovahon and replacement of recreahon facilitaes; playgrounds, mountam pazk tratls, civic pazk complex; improvements to recreation centers and development of new recreation pro~ects to be deternuned m the future through the Master Plannmg Process by the City Council; ma~ntenance of the commumry pazk m north Boulder, development of a mountun pazks env~ronmental education program; and for the renovation of city-owned Ivstoncal and cultural faciliues; with the remamder bemg dedicated for pazks and recreation purposes.. " (Ballot language) ffiGHLIGHTS For the purposes of the Capital Improvement Program (CIP), staff has mcluded only those pro~ects that meet the CIP defimaon. Specific pro~ects have been idenufied for the 1" yeaz of the CIP, but have been left m more general "pro~ect categones" (such as the Neighborhood/Pceket Pazk Development, Recreation Center Improvements, and New Recreahon Facilities pro~ects) for the oudymg yeazs, where specific pro~ects aze umdenufied at this ume For 2002 and future years, the three funds, (Lottery, Permanent Pazk and Recreauon and the 25 cent Sales T~) have been considered ~omtly to provide fundmg levels for CIP and non CIP pro~ects. The followmg are the major CIP projects m the three funds Foothills Commumty Park New Recreauon Facilities Improvemend Development Neighborhood/Pocket Pazk Development North Boulder Recreauon Center F7aurons Golf Course Improvement Pazk Site Acquismon Pazks Operation Facility East Boulder Community Pazk Development Relocation of Exisdng Facilihes at Valmont City Pazk Ma~or ga~ns have been made towazds "takmg caze of what we have" and sustamabihty. Faciht~es and Asset Management (FAM) is now fully funded for Ongoing and Ma~or Mazntenance for the ma~onty of the suuctures/facilities m Parks and Recreation. Pazk and Recreation renovation and refurbishment needs as well as equipment replacement, many of wlvch aze m the operahng 9 budget, aze hkewise more compete funded but will sull reqmre multiple yeazs to complete backlog FINANCING ~, The revenues from the .25 cent Sales Tax aze esumated based on BudgeUFinance Department ~ pro~ecUOns. RELATIONSHIP TO OPERATING BUDGET The Ballot 7ssue idenufied funding for the operating costs for the ma~ority of the new pazk development pro~ects. The operadng wsts for renovaaon/refurbishment pro~ects are expected to remun the same but mcrease annually for mflationary mcreases. "~ ~ ~^+„ ..,~ [v !1 ., 2002-2003 Proposed Budget: 2% Addition Proposal DepaRment: Pazks and Recreation Fund: 118 Service/Proeram Added Amount Std FTE's Added Oneoine or One-Time 1. Convert 1.0 FTE fixed term employee to 1 0 FTE standard employee m Env~ronmental Resources No new funds needed 100 Ongoing . ~ 2002-2003 Proposed Budget: 2% Addition Proposal Department: Parks and Recreation Fund 130 Service/Proeram Added 2002 Amount L. Increased energy costs for recreation facilities $ L60,000 2. Personnel and non-personnel operaung costs for Skatepark $ 52,500 Service/Proeram Added 20(13 Amount 1 Increased energy costs for recreat~on fac~lities with North Boulder Recreat~on Center opening , l ~ $ 160,000 1 ~ Std F7'F.'s Added Oneoine or One-Time 0.00 Ongoing 0 75 Ongomg Std F1'E's Added Onaoine or One-Time Ongomg 1 ~ i 2002-2003 Proposed Budget: 2°lo Addition Proposal ~ W DepaRment• Parks and Recreation Fund: General Fund 2002 Service/Proeram 1. Convert 1.0 FTE Seasonal to 1 0 FTE StanJard m Envuonmental Resources 2. Implement Phase I of Parks ~rngat~on system upgrade per Environmental Audit 3 Implement Phase II of Parks ~rrigannon system upgrade as recommended in Enviromental Audrt 2003 Service/Proeram ~ ~~ 2002Budget Std F'1'E's Added Oneoine/One-Time No new funds needed l00 Ongomg 2003 Budget Std FI'E's Added Oneoine/One-Time ~l e ~ , 2002-2003 Proposed Budget: 2% Addition Proposal Department Parks and Recreation Fund: General Fund Note. 2% General Fund add~teons equal $90,116 ~n 2002, and $92,048 in 2003 Reconmiendapons below exceed this aniount as ull are recommendations of the Em~ronme~ua! Audu, a Crty-wtde pro~ect. 2002 Service/Proeram 2002Audget Std F'['F,'s Added Oneoine/One-Time I Add I.0 FI'E and annual vehicle costs for management and operation of vrigahon system as recommended m Environmental Audit $ 49,000 1.00 ongomg 2. Acquire vehicle for irrigaUOn system speciahst (see ~ #1) $ 22,000 000 one-time 3. Implement Phase I of Parks vngauon system upgrade as recommended m Environmental Audrt ( I) $ 296,736 0 00 one-hme 4 Implement Scenano 2 of peshcide phase-out m the mamtenance of street and park trees, as recommended $272,250 ongomg m the Environmental Audrt (2) $ 302,250 0 50 $30,000 one-Ume 2003 Service/Proeram " 200313udget Std FTF.'s Added Oneoine/One-Time 1 Implement Phase II of Parks imgauon system upgrade as recommended in Env~romental Aud~t (I) $ I61,448 0 00 one-time (1) While the Env~ronmental Audrt recommends that the irngahon system upgrade be completed as a two-year project, the , ~. ~ ~ ~ F• upgrade could be stretched out over as many as five years Th~s would mcrease total project costs of $434,591 (m 2001 dollars), and slow implementation of Audit goals, but would reduce annual costs m 2002 and 2003 Frgures ~hotivit are based on Audit reconm~endut~ons, but have been rnjluted by 4% for 2002, and 4% for 2003. (2) Environmental Audit recommendations for pesucide phase-out (Scenano 2) would cost $272,250 m on-gomg costs and $30,000 m one t~me costs. To meet Audrt goals, th~s program would ideally be implemented m 2002, if necessary, however, the pro~ect could be phased m over as many as three years. ~~ ~ ~ 2002-2003 Proposed Budget: 5% Reduction Proposal Department• Pazks and Recreanon Fund. Genecal Fund Service/Proaram Reduced 1 Reduce frequency of mowmg m Ciry pazks, lowenng current mamtenance standazd 2. Ehmmate flower planung program m 36 pazks and Ciry facihues, mcludmg the Mumcipal complex and Chatauqua. Peazl St. Mall and Flaurons Golf Course would conunue to have flower planhngs. 3 Ehnunate Volunteer Coordmator position and assoc~ated non-personnelcosts,reducing volunteer assistance m pazk and creek cleanup. Amount Reduced Std F1'E's Reduced $ $ ~ 4. Move a portion of Parks Planmng Consuuction Supenntendent salary to Fund 118, reducmg eqwvalent amount m pazk development fundmg $ 5 Move Watson Pazk mamtenance to Fund 118, reducmg equrvalent amount m mazntenance fundmg at new parks $ 6 Reduce temporary front desk help at Ins Center, lowenng level of customer service and staff support. $ 8. Ehmmate tree replacement program and reduce frequency of prunmg for park and street trees $ GRAND TOTAL $ 20,000 64,000 36,000 5,46! 46,830 25,000 16,000 213,291 ~ 0 00 I 00 0.50 0 00 ~ 0 00 0 00 0 00 1.50 ~ / J~ 2002-2003 Proposed Budget: 5% Reduction Proposal ~"^ `~.~. Department: Pazks and RecreaUOn Fund: General Fund subsidy of Pazks and Recreation Revenue Fund Service/Proaram Reduced Amount Reduced Std FTE's Reduced 1. Elimmate Head Start summer recreaaon program $ 9,000 0.00 2. Reduce EXPAND recreation programs for people with disabilities by 9% $ 39,967 0.00 3. Reduce recreaGon services to youth m public housmg by one-t}urd $ 26,000 0 50 TOTAL $ 74, 967 0.50 ,~- ~~... . /7 PARKS AND RECREATION 1995 BALLOT ISSUE FUND ~ (.25 CENT SALES TAX FUND) 2002-2007 CAPITAL IMPROVEMENTS PROGRAM OVERVIEW The 1995 Ballot Issue Fund revenues were pledged for "... Payment for the pnncipal, interest, and premium, is any, on .. bonds; and then for development, operaaon, and mamtenance of the land and improvements purchased or constructed with the proceeds of the bonds; renovation and refurb~shment or replacement of four pools; renovation and replacement of recreation fac~hties, playgrounds, mountam pazk trails, crvic pazk complex, improvements to recreat~on centers and development of new recreation pro~ects to be deternuned m the future through the Master Planning Process by the City Council, mamtenance of the commumty pazk m north Boulder; development of a mountam pazks env~ronmental education program, and for the renovation of city-owned tustoncal and cultural facihties; w~th the remamder bemg dedicated for pazks and recreation purposes. ° (Ballot lana age) HIGHLIGHTS For the purposes of the Capitai Improvement Program (CIP), staff has mcluded only those pro~ects that meet the CIP defimtion. Specific pro~ects have been identified for the 1" year of the CIP, but have been left m more general "pro~ect categones" (such as the Neighborhood/Pocket ~' Park Development, Recreation Center Improvements, and New Recreation Facilities pro~ects) for " the outl}nng years, where spec~fic pro~ects are unidenufied at ttus time For 2002 and future years, the three funds, (Lottery, Permanent Pazk and Recreahon and the .25 cent Sales Tax) have been considered ~omdy to provide fundmg levels for CIP and non CIP pro~ects. The followmg aze the ma~or CIP pro~ects m the three funds Foothills Commumty Pazk New Recreation Facihues Improvemend Development Neighborhood/Pocket Pazk Development North Boulder Recreauon Center Flahrons Golf Course Improvement Park Site Acquisihon Parks Operation Facility East Boulder Commumty Pazk Development Relocation of Existmg Facihties at Valmont City Park Ma~or gams have been made towazds "takmg care of what we have" and sustamabihry. Facihties and Asset Management (FAM) is now fully funded for Ongomg and Ma~or Maintenance for the ma~onty of the suvctures/faciht~es m Pazks and Recreaaon. Park and Recreation renovation and refurb~shment needs as well as eqwpment replacement, many of wluch aze m the operaung ..w ..p- ~8 budget, aze hkewise more compete funded but will still require multiple years to complete backlog. .~^`~ FINANCING +.. The revenues from the .25 cent Sales Tax are esumated based on Budget/Finance Department pro~ections. RELATIONSHIP TO OPERATING BUDGET The Ballot lssue identified fundmg for the operanng costs for the ma~onry of the new pazk development projects. The operaung costs for renovaaon/refurbishment projects are expected to remam the same but increase annually for mflationary increases. ~ r.... I% PERI~IANENT PARK AND RECREATION FUND 2002-2007 CAPITAL IMPROVEMENTS PROGRAbi """'' OVERVIEW The Permanent Park and Recreaaon Fund consists of 9 m~ll ievy of assessed valuauon of all [axable property in the crty, gifts and donahons to the fund, proceeds of the sale of pazk or recreation property or equipment, and many other appropnations made by council such as the fee chazaed at the golf course to support that facility's renovat~on or development needs. The fund also mcludes revenues from a portion of a development excise tax assessed on each new residential umt consiructed or annexed to the crty except for those umts that aze designated as permanendy afFordable. The City Charter requires the ".. Fund shall not be used for any pu[pose o[her than the acquisition of park land or the permanent improvement of pazk and recreahon faciLues." (Charter Sec 161) Funds area used for CIP pro~ects and renovauons (operaang budget) of ex~stmg facil~ties for items under the ~50,000 CIP defimtion ffiGHLIGHTS For the purposes of the Capital Improvement Program(CIP), staff has mcluded only pro~ect wluch meet the CIP defimtion. Non pro~ect specific fund accumulations, where no actual pro~ect is bemg proposed m given yeaz (such as the Art m the Pazk pro~ect) have been removed from the CIP ~ Wlule pro~ects such as Art m the Park will be tracked to keep the commitmenc to pnor fundmg ,, levels, the use of those funds that aze not anuc~pated to have a specific pro~ect in a~iven year has been drverted to other lugher pnonty pro~ects where there is an expectation and focus to implement the pro~ect. This change will mcrease immediate dollars available for high pnonry pro~ects, decrease annual carryover requests and still mamtam fundmg expectahons for pro~ects m general, over a 6 to 10 year penod For 2002 and future years, these three funds ( Lottery, Permanent Pazk and Recreahon and the 25 cent Sales Tax) have been considered ~omtly to provide fundmg levels for CIP and non CIP pro~ects. The followmg aze the ma~or CIP pro~ects m the three funds: , Foothills Commumry Pazk New Recreation Facilities ImprovemendDevelopment Neighbor6ood/Pocket Pazk Development North Boulder Recreapon Center F7atirons Golf Course Improvement Pazk Site AcquisiUOn Pazks Operation Facihty East Boulder Commumry Pazk Development Relocation of Existing Fac~ht~es at Valmont City Pazk ~ 0~6 Major gams have been made towazds "talung caze of what we have° and sustunabihty Facihhes ~,,,,. and Asset Management (FAM) is now fully funded for On-going and Major Mazntenance for the ~y~, ma~onty of the swctures/facilines m Pazks and Recreation. Pazk and Recreauon renovation and refurbishment needs as well as eqmpment replacement, many of wtuch aze m the operatmg budget aze likewise more completely funded but will still require muluple yeazs to complete the backlog FINANCING Generally the esumated revenues for each yeaz aze conservat~ve figures to make certam that funds aze available to complete the projects supported by them RELATIONSHIP TO OPERATING BUDGET The 1995 Ballot Issue ~dent~fied funding for the operaung costs for the ma~onty of the new development projects. The operatmg costs for renovation/refurbishment pro~ects are expected to remam the same but mcrease annuaily to account for mflation. ~ ~ ~ a/ LOTTERY FUND "~~` 2002-2007 CAPITAL IMPROVEMENTS PROGRAi~i OVERVIEW The Lottery Fund CIP is based on the 1993 ~omt recommendauon to Ciry Council as requested of the Pazks and Recreation Advisory Boazd and the Open Space Board of Trustees The onginal agreement set aside 1% of the annual revenues for Art m the Pazk, $150,000 per year for the Greenways pro~ect and the balance of the annual appropnation to be split 75% / 25% for Pazk Sue Acquisiaon and Conhngency pro~ects, respectively. There have been alteraaons to this past agreement due to the passage of the 1995 25 cent sales ta~c Parks and Recreation ballot issue and the resultmg need to realign pro~ects between the Lottery Fund, the Permanent Parks and Recreahon Fund and the 25 Cent Sales Tax Fund The Pazks and Recreation Advisory Boazd and Open Space Boazd of Trustees met on May 16, 2~01 to discuss future use of Lottery Funds The 2002 CIP reflects their a~eement concernmg the use of Lottery Funds for the next 6 yeazs. These two boazds are now considenng a~omt review of the Lottery fundmg uses every 3 yeazs. The 1996 Ciry Council decis~on to use Lottery proceeds of approximately $264,000 per year, begmmng m 1998 for 10 yeazs, towazd the acqmsuion of the Area III site has been modified to reflect the final negoaations and purchase contracts of ~304,344 per year HIGHLIGHTS ~ Pro~ected annual revenues aze $750,000 per yeaz based on average collection for past yeazs. For t6e purposes of the Capital Improvement Program (CIP), staff has mcluded only pro~ects which meet the CIP defimtion The Parks and Recreation Advisory Boazd and the Open Space Boazd of Trustees aa eed m the May 16, 2001 on the followmg distnbuhon of Lottery Funds $30~4,000 Payment of debt service on Area III property approved by C~ty Council $100,000 Department of Open Space 1 $150,000 Tnbutary Greenways The followmg numbers w~ll vary dependmg on the Lottery Revenue amount per year• $ 20,000 Cost Allocauons $180,000 Sp~t 50% to Parks and Recreation and 50% to Open Space The proposed Greenways pro~ects are idenufied m the multi-departmental CIP. O and M requirements for Greenways are provided lakewise by a vanery of agencies (City, State, and pnvate). '"~. ~ aa FINANCING ~""' 1~,.,. Generally, the esumated revenues for each year aze conservative figures to make certam that funds azea available to complete the pro~ects supported by them. RELATIONSHIP TO OPERATING BUDGET The 1995 .25 cent Sales Tax Ballot Issue identified funding for the operating costs for the ma~onty of the new development pro~ects. The operaang costs for renovation/refurbishment pro~ects aze expected to remam the same but mcrease annually for mflation. . a~^~ ~..r ~3 CITY OF BOULDEH Y002 FUND FINANCIAL PAHKS 8 HECREATION HEVENUE FUND 2000 2001 2001 2002 2003 2004 2005 2006 2007 ACTUAL BUDCaET REVISED PROPOSED PROPOSEO PRQIECTED PflOJEGTED PROJECTED PROJECTEDJ ~ ~ l ~ UNAPPROPRIATED FUND BALANCE Beginn~ng of Ihe Year SOUHCESOFFUNDS Recreauon Owision Revenues Goll Revenue Reservoir Revenua TOTALHEVENUES 7ranslers In (General Fund) TOTAL SOURCES OF FUNDS USES OF FUNDS Fecreauon Drviswn Goll Resenou Anucipaled Nel Sawngs Tolal Opereting Uoes ol Funds TOTAL USES OF FUNOS TOTALFUNDBALANCE Resene lor Budget Adrystment UNHESTRICTED Fl1ND BALANCE $50,000 $235,479 $235,478 $3,595,856 $3,595,656 $3,984,084 $1335.681 $1.520.681 $1,492,483 $543.313 $~.43,31fl $611.149 $5.474 650 t5 a~ $6.087.716 $ 1,467,703 $ 1,467,703 $1,514,523 f6,992,353 $7,362832 $7,837,717 $5,237,730 $5237,731 $5,572,062 $ 1.178,974 S 1.363.974 $1458490 $ 525649 $ 525,649 $556,495 la2o.oo0~ $6,922353 $7,127,354 $7,587,048 $6,922,353 $7,127,354 $7587,048 $70,000 $235,478 $250,669 $ 60,736 $ 189,933 J $ 189,933 51,865,804 $1,538,096 $G21.IE8 $7.033.689 $1.547.160 58,770,782 56,4B9,B96 $1 502,245 $573,190 $8,565,332 $B 565 332 $205,450 $ 113,726 $ 91.724 $ 91.724 $5,109 094 $1,615,001 $661.279 $7385.373 $1 SBO501 59,057,599 E6,684,593 $1.547,312 $590 386 $B.B22 292 $8,822.292 $235,307 $ 169,587 $ 65,720 $ 65,720 $5,313,457 $1.679,601 $GBI.I~4 57.fiB0.708 a,,s,s,ssi 59.361,069 E8,885,131 57,593,732 $608,098 as.oes,sso 59,086.960 $274J09 $ 228,441 $ 45,668 $ 45,668 $5,525,996 $1,746,785 $715.239 azsae.ozo a~.ws,3ss $9,683,042 $7,091.685 $1,641,544 5626,341 $9,359,569 59.359,569 $323,473 $ 290,413 $ 33,060 S 33 O6[ $5,802,29E $7,816,657 3743.84E se.asz.eoi $1,684,898 $10.080.759 $7,304,43fi $1.690,790 $645 131 $9,640,35fi $9,640,356 $440,403 S 355,634 $ 84,769 ~ ~ CITY OF BOULDER Y004 NND FINANCIAL ~ ~ UNAPPqOPqIATED FUND BAUNCE Beginn~ng ol ~he Year SOURCES OF NNDS Intergovemmenlal Revenues O~herHevenues TOTAL SOURCES OF FUNDS USES OF FUNDS Operaung Total Operating Uaec of Fundc Translan To Other Funds Cost Allocation ToWI Translers To 01her Funds Total Debt Serviw Capital Improvement Program Capilal Pro~ecls TotN Cepltal Improwmant Pragram TOTAL USES OF FUNOS UNHESTHICTED FUND BALANCE LOTTERYFUND 2000 I 2001 2001 2002 2003 2004 2005 2006 2007 ACTUAL BUDGET REVISED PROPOSED PROPOSED PRQIECTED PROJECTED PROJECTED PROJECTED $130,577 $3268 $310,291 $117,430 577,176 $18,037 518,447 $18,376 $17,565 3aoa.as~ $11.113 s~so,ooo ano.ooo s~so,ooo s~so,ooo a~so.ooo s~so,uoo s~so.ooo s~so.ooo $875,474 $750,000 5770.000 E750.000 5750.000 $750.000 $750000 5750.000 $750,000 $174270 $283.000 5482,761 5426.000 $426.000 5426.000 $426.000 $426,000 $426,000 $174270 $283,000 $482,761 $426.000 $426.000 $426.000 $426,000 $426,000 $426,000 517.5at $]_1.5Q1 111.541 EZ~frZZ $15.785 $1$24Si E19.72Z $24.4frZ 520.487 $17,504 $11,501 $11.501 $7677 518795 519248 519.727 520.467 $20.467 $418,577 $416,577 $416,577 $476,577 $304,344 $304,344 $309,344 $364,344 $304,344 $27.409 $27,409 $52.022 $52,022 $635,760 $711,078 $962,861 $BW254 $749,139 $749,590 $750,071 $750,811 $750,811 $310,291 ¢12,190 $117,430 $17,176 $18037 $18,447 578,378 517,565 $18,754 CRY OF BOULDER 200Y FUNO FINANCIAL 25 SALES TA% FUND 2000 2001 2007 2002 2003 2004 2005 2006 2007 ACTUAL BUDGET REVISED PROPOSED PROPOSED PRQIECTEO PROJECTED PROJECTED PRQIECTED UNAPPflOPqIATED FUND BALANCE Begimm~goflheYear $4553624 $2,697,543 $7,118,871 $396,938 $643006 $189,752 5221,324 $512,471 $565,329 SOURCESOFFUNDS SalebTax $6,183,732 $8,109,584 $6221,453 $6,393,787 $6,620,766 $6,BB4,273 $7,091,490 $7304,943 $7,524,822 Inleresl $336299 $146,037 $146,037 $150,754 $125,000 $90,000 $90,000 $60,000 $50000 Inlergovernmenlal Revenue $5,102 Olher Revenues $ZG`i.QQ¢ $B.ZQQ $]99.ZQ4 $$,79Q ,4,4.ZQQ $$.ZQQ $,4,7QQ ,$,Q,ZQQ $9.7W RelunCing Bond Issue Revenue TOTALSOUflCESOFFUNDS $6,791,018 $6,265,32t $6,552,190 $6,554,241 $6,755,466 $6,983,973 57,191,190 57.374,643 $7,584,522 USES OF FUNDS Opereung&Mainlenance $1,234,170 $1,313,360 $1,553,302 $1,511,540 $1,628,308 $1,683,447 $1,740,310 $1,799,565 $1,836,985 Cimc Park Complex $36,447 $48,000 $108,870 $48,000 $48,000 $48,000 $4B,000 $48,000 $48,000 Hisloncal 8 Cullural $78,805 $50,000 5128,772 $50,000 $50,000 $50,000 $50,000 $50,000 Cap~Wl Relurbishmenl $626.472 7 7 $984.362 $737.539 $771.415 $806.986 $844.335 $883.552 $883.552 ~ Tolal Oparating Usea of Funtls $1,975,894 $2,116,635 $2,775,306 $2,347,079 $2,497,723 $2,588433 $2,682,645 $2,731,117 $2,818,537 ~ 7renslers To Othar Funda CoslAllocahon $,]¢y,Q3@ S],¢Q.$Q¢ $1¢¢,$p¢ $123,],Qq $]¢f+,4SS $]Q¢,Q¢¢ $1Q¢,4~¢ $186.066 S1B6.066 To~elTfaMfanTO0111afFUntle $162038 $168,305 $168305 $123,194 5186066 $186,066 $186,066 $186,066 $1Bfi066 Total Debl Service $128 278 $2 396,093 52 398,942 $2,429,093 y2.3B5,193 52 385,193 (NOIe Debt reduced in 2000-2002 lor refund) Capilal Improvemenl Program CapilalPm~ecls $2,012,571 $6,151,657 $10,326,685 $3,709,622 $2,128,839 $1,778,960 $1,602239 $2,019,409 $2,019,409 TotalCapllallmprovementProgram ~ $2,012,571 $6,151,657 $70326,685 $3,709,622 $2,128,839 $1,778,960 57,602,239 $2,079,409 52.019,409 TOTALUSESOFFUNDS $4,150503 $843fi,597 $13270296 $6,308173 $7208,721 $6,952,401 $6,900,043 $7,321,785 $7,409,205 FUND BALANCE END OF VEAH $7,194,139 $526,267 $400,705 $643,006 $189,752 $221,324 $512,471 $565,329 $740,647 Designations Sck 8 Vacahon LiabAily Resene $ (75,328) $ (3,766) $ (3,766) $ - $ - $ - $ - $ - $ - SUPPW6/~OEFICIT~VS PESEflVE60~L f]11BB11 5522501 53%938 864300fi S~B9~52 f221324 55124]1 5`~5329 S~a08a9 ~ ~ ` ~ ) ~ ~ ~~ cm oF eou~oeA 2002 FUNU FINANCWL PERMANENT PAHKS AND RECREATION FUND ~ ~ 2000 2001 2001 2002 2003 2004 2005 2006 2007 ACTUAL BUDGET REVISED PROPOSED PROPOSED PROJECTED PRQIECTED PHOJECTED PROJECTED UNAPPROPflIATED FUND BALANCE Beginning ol ~he Year $2,468,387 $497,097 $2,075,366 $654,439 $723,534 $774,695 $643,840 $483,001 $226,8~4 SOURCESOFFUNDS Prop8rlYTax $1.162,427 $1.188,084 $1.216.687 $1.216.688 $1.253,189 $1.290,784 57.329.508 $1.369.393 $1410,475 Interest $136,S1B $4fi,786 $100,000 575000 $78,750 $82688 $25,000 $26,250 $25,000 ParksBRecrealionDevelopmenlFea $157014 5200.000 $175000 $250000 $250,000 $250000 $150,000 $125,000 5100.000 Olher Revenues $204,290 5234.000 $234,000 8234,000 $140,000 $140,000 $140,000 $140,000 5140,000 TOTALSOURCESOFFUNDS $1,660,249 $1,668,870 $1,725,687 $1,775,688 $1,721,939 $1,763,472 51.644,508 $1,660,643 $1,675,475 USESOFFUNDS Operatmg 8 Ma~nlenance 5225,159 5z34.176 $234,176 $242,958 5252,069 5261,521 5271,328 5287,503 $281,503 Capilal flefurbishmenl $167,169 $242,000 5978,288 $362,000 $362,000 $412,000 $412,000 $412,000 $412,000 TotalOperatlngUSesofFUnda $392,328 5476J76 $1,212,460 $604,958 $614,069 $673,521 $683,328 $693,503 5693,503 Translsrc To Other Funtla CostAllocal~on $260,229 5242265 $242,265 $38,OB5 $39,228 $40,464 541,617 $42,865 $44,151 Tolal Tranilers To Other Funtls $260229 $242265 $242,265 $38,OB5 $39228 $40,404 y41,617 $42 865 $44,151 Tolal Debt Servica $77,633 $50,402 $50,402 $50,402 $50,402 $50,402 $50,402 $50,402 $50402 Captal Improvemenl Program CaplalPro~ecls 51.323,080 $96B,99B 81,641.483 $1,013,148 $967.079 $1.130,000 $1,030.000 51.130,000 $830,000 TotalCapllallmprovamantProgram 51,323,OB0 5968,998 $1,641,483 51,013,148 $967,079 $1,130,000 51,030,000 11.130,000 5830,000 TOTALUSESOFFUNDS ~ $2,053270 $1,737,841 $3,146,614 $1,706,593 $1,670,778 $1,894,327 S1,B05,347 $1,916,770 $1,618,058 FUND BALANCE • END OF VEAH $2,075 366 $428,126 $654,439 $723,534 $774,695 $643,840 $483,001 SZZ6,874 5204,293 Desgnalions Sick 8 Vacat~on Liab~lily Reserve $ - $ (60,644) $ - $ - $ - y - $ - $ - BUPPWSQDEFICInvt8E5FAVEGOAL 5428128 5583795 =]23534 51~0895 Sfi43,000 $~83001 {228,874 5280293 Sheell CfTY OF BOULDEH 2002 FUND FlNANCIAL 25 SALES TAX BOND PROCEEDS FUND 2000 2001 2001 2002 2003 2004 2005 2006 2007 ACTUAL BUDGET REVISED PROPOSED PRPOSED PROJECTED PROJECTED PRQIECTED PRQIECTEDI UNAPPflOPHIATED FUND BALANCE BeginningollheYear $9212,249 $7,453,571 $7,453,571 $1,696,303 $570210 $570210 $570,210 $570,210 $570,210 SOURCES OF FUNDS ~ ~ Interesl Revenue $493 50B O~her Revenue TOTALflEVENUES 5493.SOB TOTALSOURCESOPFUNDS 59,705,757 $7,453,571 $7,453,571 $1,696,303 USESOFFUNDS Mounlam Park AcquisNOn 5815,073 5426,337 Valmonl Pa~k S 540,887 - $ 3,675,623 Pocket Park Acquisit~on $ 20,470 - $ 529215 Neighborhootl Park Acquis~iwn $15,849 Paymenl to RelunE Bond TotW Operating U~e~ of Funds 51,126,093 54,631,175 Transfen To Other Funde Cost Albcalwn Tolal Transfen To Other Funds TotalDabtSSrvica' $1,126,093 $1,126,093 $1,126,093 $1,126,093 TOTALUSESOFFUNDS $2,252,186 $1,126,093 $5,757268 $1,126,093 ~ UNHESTRICTED FUND BALANCE $7,453,571 $6,327,478 $1,696,303 $570210 ' DeEI cervrs br bonEC m 2000 2002 wJl po prepaitl Iw m Ihe interest eameG inslead ol paymenl Irom FuM I IB ~ ~ ~ $570,210 $570,210 $570210 $570,210 $570210 $570210 $570210 5570,210 $570210 $570,210 ~