Loading...
HomeMy WebLinkAbout840962.tiff CAPITAL FUNDS �;40 J( CAPITAL PROJECT FUNDS Capital Project Funds are established to budget for financial resources used for the acquisition or improvement of the capital facilities of the County. A detailed Long Range Capital Plan for 1984 - 1988 is presented in this section and relates to the specifics of the 1984 capital project budgets. The Public Works fund accounts for various capital improvement projects. on County buildings. In 1983 the total amount budgeted is $915,960 funded by property tax of $186,000, SOT $14,000, and an anticipated fund balance of $715,960. Details of the 1984 projects are in the Lcng Range Capital Plan that follows. The Hospital Capital Fund accounts for the revenue and related capital expenditures as required by the North Colorado Medical Center Board of Trustees, an autonomous board responsible for administering the operations of the hospital. The 1984 budget provides for a budget of $685, 162 with property taxes of $545, 162. The funding level is a continuation of the historical level. -200- WELD COUNTY LONG RANGE CAPITAL PROJECTS FIVE-YEAR PLAN 1984 - 1988 Presented By: Donald D. Warden, Director Finance and Administration September, 1983 -201- LONG RANGE CAPITAL PROJECTS FIVE YEAR PLAN 1984 - 1988 INTRODUCTION: Section 14- 3 of the Weld County Home Rule Charter provides: "The Board may require that the Director of Finance and Purchasing submit, at the time of submission of the annual budget, a five-year capital improvements program and budget. Such program shall include recommended projects, construction schedule, estimate of cost, anticipated revenue sources, methods of financing, and such other information as may be required." This five-year plan projects capital projects for 1984 - 1988. The recommended program for capital construction is intended as a guideline to be adjusted by the Board of County Commissioners on an annual basis. It represents flexible goals for organizing solutions to county program needs, and it is intended to provide the Board of County Commissioners with the perspective for making fiscal policy decisions. Annual modifications in the plan will reflect necessary adjustments and priorities, changes in programs, and readjustments of other county fiscal requirements. This report has four (4) sections: 1. Introduction 2. Financing Alternatives 3. 1984 -- 1988 Five-year Plan 4. 1984 Budgetary Impact The Section on financing recommends a program for financing the next five years' capital construction. This section lists the various sources of revenue currently available to the county, and the alternatives available for financing the remainder of the capital projects program. The 1984 - 1988 five-year plan section provides a list of recommended projects and the time schedule for the next five fiscal years. Additionally, it provides justification for the recommendation and attempts to enumerate problems and recommended solutions for the capital improvements program over the next five years. The project section describes each recommended project, and provides information on the existing situation, the proposed solution, and the financing plan for each project. The last section of the report provides a recommended 1984 budget for the capital construction program. It provides specific detail regarding each recommended project and the impact on the 1984 county budget. -202- FINANCING ALTERNATIVES -203- FINANCING Overview: There are a number of ways to finance capital improvement projects. Some of the most common methods of financing capital improvement projects are: 1. Pay as you go: Pay as you go is a method of financing capital projects with current revenues -- paying cash instead of borrowing against future revenues. Pay as you go has several advantages. First, it saves interest cost. Second, pay as you go protects borrowing capacity for unforeseen major outlays that are beyond any current year's capacity. Third, when coupled with regular, steady completion of capital improvements, and good documentation and publicity, pay as you go fosters favorable bond ratings when long term financing is undertaken. Finally, the technique avoids the inconvenience and considerable cost associated with marketing of bond issues, advisors, counsel , printing, etc. However, there are practical and theoretical disadvantages to a pay as you go policy. First, pay as you go puts a heavy burden on the project year. Second, it creates awkward fluctuating expenditure cycles which do not occur with extended financing. Third, a long life asset should be paid for by its users throughout it's normal life rather than all at once by those who may not have the use of it for the full term. And finally, when inflation is driving up construction costs, it may be cheaper to borrow and pay today's prices rather than wait and pay tomorrow's. 2. All borrowing policy: An all borrowing policy or a substantial reliance on debt financing is one approach. The annual available resources could be used entirely for debt service with the size of the annual resources setting the limit upon the amount that could be borrowed. 3. Capital reserve: A capital reserve plan is an approach where the annual resources available could be accumulated in one or more capital reserve funds, the amounts invested, and when any funds become adequate to pay for a proposed project, the fund could be expended. This Is a good approach when a county has a capital requirement which can wait. Accumulation of the necessary capital funds over a period of time is a feasible approach, assuming a relatively stable construction dollar. HB 111 passed in 1982 specifically provides for a capital improvements trust fund for capital reserves. -204- 4. Partial pay as you go policy: A partial pay as you go policy is a common approach. Some of the annual resources would be used to finance capital improvements directly, and the remainder would go for supporting a debt program. Even if a local government pursues a borrowing policy, an initial down-payment out of current revenues is a possibility. A customary 5 - 10% down is a limited pay as you go policy, and assures that the voters authorizing the approval will make a cash contribution that all of the burden will not be postponed. 5. Joint financin1: An ever increasing number of cities and counties are finding that there is benefit to both jurisdictions for joint development of a project. The construction of a city/county office building and recreational areas are examples. This avenue of funding and planning capital projects normally is advantageous to both jurisdictions. 6. Lease/Purchase: Local governments can utilize lease/purchase methods for needed public works projects by having it constructed by a private company or authority. The facility is then leased by the jurisdiction on an annual or a monthly rental. At the end of the lease period, the title to the facility can be conveyed to the jurisdiction without any future payments. The rental over the years will have paid the total original cost plus interest. This method has been used successfully in a number of jurisdictions. The utilization of a building authority would fall under this category of financing. Numerous considerations are involved in the selection of the foregoing patterns, or some combination thereof: 1 . Political realities may preclude utilization of one or more of the above alternatives. For example , the passage of general obligation bonds as a debt financing mechanism has not met recent success at the polling places in most jurisdictions. 2. The pay as you go concept has three distinct advantages. a. It preserves great flexibility to the county for future periods of economic recession or depression but not piling up large fixed charged costs. b. It avoids the payment of interest charges. c. It imposes upon public officials the full political responsibility for levy of the taxes necessary to pay the local share of such projects. -205- 3. The debt financing approach has the advantage of permitting the cost to be spread over a generation of current users of public facilities, thereby imposing upon each a significant portion of the cost of each project. 4. In an inflationary period, one must take into account the extent to which prepayment for capital outlay is warranted, when the opportunity for repayment of the principal and interest in dollars that are less expensive can be arranged. 5. During periods of rapid price rise, the time delay necessary to accumulate downpayments or full pay as you go resources invites higher costs which may wipe out most, if not all, of the advantages of non-payment of interest. In the five-year capital projects plan, a combination of funding methods will be recommended to finance the capital construction in the next five years in an attempt to balance the economy of a payment in full program with the fairness of sharing the burden among present and future taxpayers. This recommended financial program reflects consideration of many factors, including the availability of cash, anticipated interest rates at the time of construction, and projected inflationary cost increases that would result from project delays. -206- DEBT FINANCING Before discussing specific types of borrowing, it is appropriate to review some of the basic constitutional statutory provisions which generally are applicable to debt financing. Article XI, Section 6 of the Colorado Constitution provides that no debt may be created by a political subdivision of the State, unless the question of incurring such debt has been approved by a majority of the qualified electorate voting. Any obligation paid, or contracted to be paid, out of a fund that is a product of a tax levy is a debt within the means of the Constitution (Trinidad vs. Haxby, 136 Colorado 168, 315 p 2d 204 -- 1957) . In addition to voter's approval, Article XI, Section 6 requires the debt be incurred by adoption of a legislative measure which is irresponsible until the indebtedness is fully paid or discharged. The ordinance must: 1. Set forth the purpose for which the bond proceeds will be applied, and 2. Provide for the levy of the tax which, together with such other revenues as may be pledged, will be sufficient to pay the principal and interest of the debt. The Constitution delegates to the Legislature the duty to establish statutory limitations on the incurrence of debt. The total amount of debt which a county may incur may not exceed 3% of the assessed value in the county, which is slightly over twenty-two million dollars in Weld County. In addition to the State Statute, Section 14-6 of the Weld County Home Rule Charter specifies: "The incurring of indebtedness by the County and the issuance of evidences of such indebtedness shall be authorized, made and executed in accordance with the laws of the State, including the borrowing of money to fund County projects, the pledging of project revenues and repayment thereof, and the issuance of revenue warrants, or revenue bonds, or other forms of evidence of such obligations." Before discussing particular types of bonds, it is appropriate to review some of the general characteristics of bonds. Bonds mature serially, that is, a portion of the principal is retired over the entire term of the bond issue. interest on municipal bonds is free from Federal Income Tax which is an important feature to prospective purchasers. The term or the length of time to maturity of municipal bonds can vary considerably. Generally, the last maturing bond comes due from between ten to thirty years from the date of issue. Normally, the longer the maturity of the bonds, the higher he yields or return on investment , demanded by the market price. Thus, a bond issue that runs thirty years will pay a higher net effect interest rate than a bond issue that runs twenty years. -207- General Obligation Bonds: General obligation bonds are secured by a pledge of the full faith, credit and taxing power of the County. The County is obligated to levy sufficient taxes each year to pay the principal and interest of the bond issue. Consequently, general obligation bonds are a debt subject to the constitutional and statutory provisions discussed earlier. Because the issue of general obligation bond pledges its full faith and credit and agrees to levy the ad valorum taxes necessary to repay the principal and interest of the bond, they are generally agreed to be a more secure investment than other types of bonds. Thus, the major advantage of general obligation financing is the low rate of interest as compared to the interest of other types of bonds. The law permits general obligation bonds to have a thirty year term; however, general obligation bond issues usually have terms of twenty years or less. General obligation bonds, in addition to being secure by full faith and credit of the issuer, may provide additional security by pledging certain available revenues. The major disadvantage of general obligation bonds is the fact that it does require voter approval prior to issuance. Voter resistance to increased taxes may prevent a successful bond election. Revenue Bonds: Revenue bonds are not a debt in the constitutional sense. They are secured by the revenue derived from the project to be constructed and not by pledge of the full faith, credit, and taxing authority of the County. Projects typically financed by revenue bonds include airports, stadiums, and park facilities. Although it may seem possible to pledge any nontax revenues for payment of revenue bonds, there should be a relationship between the type of revenue pledged for payment of the bonds and the project to be financed. Although revenue bonds need not comply with the constitutional statutory provisions generally applicable to a debt , there are several statutory provisions which may affect the issuance of certain types of revenue bonds and the statutes should be consulted for specific provisions regarding to the issue of revenue bonds if ever this is explored. Revenue bonds are considered to be less secure than general obligation bonds because of the inability of the issuer to levy taxes to assure the payment of principal and interest. Thus, there is normally a higher interest rate on revenue bonds. The term of revenue bonds is often beyond twenty years, frequently as long as thirty. The concept of issuing revenue bonds is based on the theory that certain projects which benefit only certain individuals should be self-supporting 'nd should be paid for by the user of that project rather than the populace a5 a whole. Thus, airport revenue bonds are paid for by air travelers and airline and parking revenue bonds are paid for by parkers, etc. -208- In order for a County to issue a revenue bond, the system which generates the revenues to repay the principal and interest of the bond must: 1. Have a good operating history documented by audited figures, or 2. Reflect good debt service coverage through use of a feasibility study done by a recognized expert in the field. In analyzing a revenue bond issue for underwriting, an investment banker will look not only at operating statistics and coverages, but also at more basic elements, such as the necessity of the service, control over competition, and delinquency procedures. Revenue bonds are becoming more popular because they do not require voter approval and do not apply in statutory debt limits. Leases: A less traditional means of financing County facilities is through a lease arrangement. A lease is executed with the County, which gives the County the option to purchase the equipment or facility during the term of the lease. All or part of the lease payments may be applied to the purchase prices. A bona fide lease option agreement is not a debt; however, an installment purchase program is a debt. A bona fide lease/option agreement is characterized by two factors: 1. Annual rental payments with automatic renewal of the lease unless terminated by either party, and 2. No obligation on the part of the local government to purchase the property if the lease is terminated. Also, some court cases indicate the annual rental must be paid from non-property tax revenues to avoid the conclusion of the lease as a general obligation. Upon exercise of the option, the local government obtains full legal title to the property. Leases of this nature are distinctively different from more conventional means of financing. Of primary importance is the security which underlies the lease period. It is not a promise to levy taxes or a pledge of revenues from the system. Rather, it is a promise to pay most always only from one year at a time with an implied intention to continue payment until ownership is transferred. As ultimate security, the holder of the lease may look to the asset which is being leased in the event of a default. There is little statutory or judicial guidance in the area of leases of this type, and the obligation to continue lease payments until title transfers is a moral, rather than a legal obligation. As a nonsequence, the underwriting or placement of a lease is more u Zficult than the underwriting of conventional bonds. The term of the leases generally are short, usually from 7 - 10 years. Because the security underlying the lease is not good compared with conventional financing, interest rates on leases are much higher. -209- Building Authority: A building authority is a non-profit corporation which is formed generally at the prompting of the governing body of the County or local jurisdiction which also appoints the Board of Directors of the corporation. The directors usually are elected officials, employees, or other public spirited citizens. The building authority issues its own bonds to finance a facility. To achieve the same lower interest rates that the traditional municipal bonds enjoy, the building authority must obtain a ruling from the Internal. Revenue Service that the interest on the authority's bonds is exempt from Federal Income Tax. Such an exemption is granted if the IRS finds that the authority's bonds are issued on behalf of a political subdivision, which is determined based upon the following factors which are detailed in IRS Revenue Ruling 63-20. 1 . The authority engages in activities which are essentially public in nature. 2 . The corporation is not organized for profit. 3. The corporate income does not inure to the benefit of any private person. The political subdivision has a beneficial interest in the corporation, while the indebtedness is outstanding, and it obtains full legal title to the property on the retirement of the debt. 5. The corporation has been approved by the political subdivision which has approved the specific obligation of the corporation. Like municipal bonds, bonds issued by a corporation usually are subject to registration and other requirements of the Securities Act of 1933 and the Security Exchange Act of 1934. After receiving a favorable ruling from the IRS, a no "action" letter should be secured from the Security and Exchange Commission, exempting the authority's bonds from these requirements. The authority then issues bonds pledging the annual rental payments as security after issuance of bonds and construction of acquisition of the facilities, the authority leases the facilities to the County. Again, this must be a bona fide lease and possess all the elements discussed under Lease/Purchase. The bonds of a building authority are similar to municipal leases in the manner in which they are viewed by investors. As with a simple municipal lease, building authority bonds are less secure than general obligation or revenue bonds. As a result, bonds issued through a building authority bear higher interest than more secure issues. -210- BUILDING AUTHORITY FINANCE The Philosophy: Tax-exempt financing is available through a building authority with the issuance of bonds when the facilities financed are for public purposes and the benefit is to the sponsoring public entity. The Building Authority: A building authority is a Colorado non-profit corporation created by the County itself. The County adopts a resolution calling for the creation of the Building Authority and directing counsel to draw Articles of Incorporation and By-Laws in compliance with Colorado Statutes. A board of directors is formed. The board may consist of County Commissioners or administrative personnel or individuals not associated with any public entity. Tax-Exemption of Interest: Once the non-profit corporation is created the tax-exempt nature of interest paid on the corporation's bonds must be assured. A revenue ruling is requested from the Internal Revenue Service on the non-profit status of the corporation pursuant to Internal Revenue Code, 103(a) 1 and Revenue Ruling 63-20, and on the tax-exempt status of interest paid. Such an application involves considerable work and a detailed analysis of the situation is presented to the Internal Revenue Service. Among other things the application includes information as to public purpose, the County, the agency using the facilities, the proposed lease terms, terms of title reversion to the County and the proposed method of financing. Corporate Bonds and the S.E.C. : As corporate bonds, as opposed to purely municipal bonds, are subject to registration requirements of the Securities and Exchange Commission, a no-action letter must be obtained from the S.E.C. In essence the S.E.C. says that no action will be taken if the bonds of the building authority/non-profit corporation are not registered. The Purchase Contract: Once the Building Authority is created with powers to act it may enter into a contract to purchase the facility. The contract should be subject to: 1. A favorable revenue ruling from the Internal Revenue Service. 2. Receipt of an S.E.C. no-action letter. D. Finalization of financing. -211- The Bond Issue: When all legal and tax questions are answered the Building Authority may issue bonds for the purchase of the facility. Normally the bonds are sold directly to an underwriter who then resells the bonds to the ultimate investor. The Bonds that are issued will be an obligation of the Building Authority only and not a debt obligation of the County. Summary of Steps and Timetable The steps involved in this financing and the timetable for accomplishing these steps are as follows: Step Approximate Dates 1 . Receipt of proposals, decision to proceed. Retention of under- writer 6 counsel. 3 weeks 2. Incorporation process 2 months 3. Contract negotiation 2 months 4. Request for revenue ruling 3 months 5. Request for S.E.C. no-action 4 months letter 6. Bond resolutions, bond closing, 1 month purchase closing The County Lease: Upon the issuance of the bonds and the purchase of the building by the building authority, the County would lease the building from the authority. The lease would be from year-to-year with automatic renewal unless otherwise terminated. A county lease for any period in excess of one year constitutes a debt and must be approved by voters. The Bond Security: The security of the bond holders may be only in a pledge of lease revenues byay also rst on thet buildinghe . The c mbi a Lion of they. The bon holersm two results ein aimore secure bond lien bondand a correspondingly lower rate of interest. Partial Seller Financing: Depending on factors such as the seller' s motivation, whether or not there is an existing loan on the building and negotiations, an alterattlyc presents itself. It may be possible for the authority to issue bonds i - -212- in an amount necessary for a down payment. The sellers could carry back the balance, receiving installment sale tax benefits on the capital gains. A revenue ruling would be required but interest paid on a promissory note to the seller may also be tax exempt. The total cost, then, to the County and the building authority may be substantially lower on this basis. -213- COMPLETED CAPITAL PROJECTS 1979 - 1983 -214- COMPLETED CAPITAL PROJECTS 1979 - 1983 Actual Actual Actual Actual Budget Requirements Total 1979 1980 1981 1982 1983 Telephone System $ 189,336 $ 189,336 504 Compliance 9,071 9,071 So. Weld Svc. Center 286,073 $286,073 Sheriff Lab 11 , 108 11, 108 Grader Sheds 61 ,000 21,000 $ 20,000 $ 20,000 Island Grove 80, 132 $ 80,132 Youth Shelter 2,624 2,624 ARRC 51,722 51,722 Exhibition Elevator 46,908 9, 119 37,789 Exhibition Roof 19, 148 19,148 Ambulance Facility 97,542 97,542 HRD/Health 12,291 4,351 7,940 Airport 234,241 29,241 50,000 75,000 40,000 40,000 Library 593,082 593,082 Court House Elevator 50,351 50,351 Court House Miscellaneous 42,924 1,835 2,764 3,750 34,575 Court House Exterior 68,540 68,540 Energy Efficiency 244,494 54, 191 151 ,687 38,616 Miscellaneous 27,625 27,625 Computer Air Conditioner 25, 182 25, 182 Road Headquarters 25,000 25,000 Downtown Development Parking 325,000 325,000 Social Services 137,025 137,025 Communications 37,493 27,944 9,549 TOTAL $ 2,677,912 $ 702.455 $ 361,41i1_6„112590 $ 311,921 $ 690.512 -215- 1984 - 1988 FIVE YEAR CAPITAL PROJECTS PROGRAMS -216- PUBLIC WORKS CAPITAL FUND -217- RESOURCE CAPACITY ***************** FUNDING SOURCES ***************** CASH FLOW ANALYSIS -218- PUBLIC WORKS CAPITAL FUND RESOURCE CAPACITY 1984 - 1988 FUND PROPERTY SALE * BALANCE TAX PROCEEDS TOTAL 1984 $ 715,960 $ 200,000 $ 915,900 1985 200,000 1, 115,960 1986 200,000 1,315,960 1987 200,000 1,515,960 1988 200,000 1,715,960 * Any sale proceeds from surplus county property should be transferred and appropriated into this fund. Note Health Building under Hospital Capital Fund. -219- CASH FLOW ANALYSIS CASH REVENUES EXPENDITURES RESOURCES BEGINNING ENDING FUND CAPITAL FUND BALANCE FUND CONSTRUCTION BALANCE 1984 $ 715,960 $ 200,000 $ 915,960 -0- 1985 200,000 200,000 -0- 1986 200,000 200,000 -0- 1987 200,000 200,000 -0- 1988 200,000 200,000 -0- -220- 0 0 0 S 0 w 0 0 0 CO CO o Hff S H N h 8 8 0 0 000 O O O 0 O O n m rn 0 to O O co •O N H O H ,-4 N N N 8 8 O 8 8 O O O O O 1/40 In 0 in O O CO r0 N H O P H N H cn N 0 0 0 0 0 0 O S 0 0 0 0 0 0 O O Lnoo4 0 0 0 O In O 00 O P H N O H 0.' a N N En H V in W OD 0 H H W 0 0 0 0 0 0 0 Oi O. O 0 0 0 0 0 I o P. O 0 In 0 vt CO 1 0 H co 0 0 in 00 N a T H P n H P H 0. H Q V, 0 N 8 0 0 0 0 0 0 0 0 0 0 01 01 i-r 0 0 0 0 0 0 0 0 0 0 rO ro W N CO O 0 0 0 0 0 0 0 0 m P a w n O o In to, 0 0 0 O 0 c0 In Q W 0 0 in •O SO H H illO] N N a p > H N n N H v 0> N a W a I-1 U ?1L U • 9 p 1-1 U H G to >444. O 43 H H 00 .. N G P. P. P{aH 9 00 U O N m k W 0 w 0 G O c 0 7 7 z 1. .c v H O N H ..I .H w W L I. P O N W W W W of u G 9 + h 9 F rr. u F w G H 0 m O O 0 N 4 0 '. IW. 00 N W H N 3 G 7 L O Z cO F N •.. •N .4 0- H O G i V 3 co M H P. W 00 W CI. L Ii '0 U H U W H H • .. O N N W rn I. M m crl (fr. 0 w r.. P. -221- JAIL MODIFICATION Existing Situation: The Weld County jail is currently experiencing limitations on its capacity to handle the number of inmates being detained. As the pressures of limited capacity grow, the Sheriff's Department may be faced with eliminating areas that currently house the work release program and inside recreation area, so that the facility can be used for securing other inmates. Proposed Solution: In 1984 in the long range projects plan, it is recommended that the inside recreation area be converted to a minimum security facility and modifications be made to establish an outside exercise area architecturally compatible with the complex. This approach avoids additional staffing, as well as, satisfies the concern that the jail does not have an outside/fresh air recreation area. Financing: It is recommended that renovation costs of approximately $100,000 should be paid on a cash basis out of the 1984 budget. -222- WALTON BUILDING Existing Situation: Currently, the Social Services Department of Weld County is housed in the Walton Building. The Social Services Department has a lease agreement for the Walton Building that costs $82,776 per year, and will expire March 31 , 1984. The Walton Building has a gross base of 25,088 square feet, and has approximately 146 parking spaces to accommodate employees and clients. The number of employees currently housed in the facility is approximately 100. In occupying the Walton Building, the County has had a constant struggle with the State Department of Social Services concerning full State participation in the funding of the facility. The reimbursement in recent years has not been the 80/20 match, and as a result the County has experienced approximately $43,878 per year over match in this particular area. Proposed Solution: The Walton Building currently is a very adequate facility for the functions served and the client population in Weld County. The Board exercised the purchase option price on January 24, 1983 for $707,300 for purchase on April 1, 1984. Financing: It is recommended that the county use the excess fund balance in 1983 to purchase the building outright under the purchase option exercised in 1983. -223- COURTHOUSE Existing Situation: The Weld County Courthouse is an old facility that has undergone a great deal of renovation in the last four years in order to maintain the structure and accommodate the contemporary space needs that it houses. The Courthouse has had rewiring, plumbing corrections, energy efficient measures, new elevator installed, painting, and renovation of the exterior. Although many of the renovation needs have been satisfied in the last four years, the facility is facing growth pressures from the expansion of a number of court functions needed for the District Court. It is anticipated over the next five year period that two courtrooms will be required to accommodate either new judges or referees. Proposed Solution: In analyzing the situation at the Courthouse , it must be appreciated that the basic maintenance or major maintenance needs to continue in order to retain the Courthouse as a viable facility. This maintenance will be required on a continual basis over the next few years in order to correct basic deficiencies caused by age. In addition, the county must be in a position to accommodate future court expansion of that facility to avoid the ultimate outlay of an additional facility. It is proposed that $50,000 be budgeted in the Capital Projects Plan to accommodate the renovation of the Courthouse for a courtroom. In addition, there are funds provided over the five year period for basic maintenance such as carpet. Financing: It is recommended that in the five years of the Long Range Plan that $50,000 be budgeted to accommodate the courtroom renovation and furnishings. -224- ROAD BUILDING/WAREHOUSE Existing Situation: In 1982, the county acquired property on 1lth Avenue to become the site for all Road and Bridge functions. The site, as purchased, included an office area and a preventive maintenance shop, as well as, one adjacent building. It is proposed that this site be developed to become the Road and Bridge Headquarters to house all Road and Bridge operations, the Main Shop, and storage facilities for the county. Weld County's Road and Bridge operations are currently spread out at the Main Shop and the three branch shops located in Johnstown, Ault and LaSalle. The Main Shop, space—wise, is inadequate to truly accommodate the maintenance of all Road and Bridge equipment and to provide proper parking facilities for county equipment. The Main Shop also is deficient in meeting OSHA standards and it is estimated that for rewiring, proper ventilation, proper storage area and overhead hoist requirements, as well as other miscellaneous improvements required for OSHA and fire safety , that approximately $200,000 would have to be spent on this facility to put it into a condition that meets OSHA standards and properly accommodates the functions being performed in the garage. Certain efficiencies could be achieved by having a central location of all Road and Bridge functions which would enhance the management control and effectiveness of the Road and Bridge Department. In addition, the county currently does not have adequate facilities for central warehousing for all office supplies, maintenance parts for Buildings and Grounds, parts and supplies for garage operations, and other general storage requirements for the Road and Bridge operation. As a result of this, the benefits of volume buying and inventory control cannot be practically taken advantage of by Weld County due to the lack of the proper warehouse area and warehouse function. Proposed Solution: It is proposed that the 11th Avenue Road and Bridge Headquarter site be developed into a centralized Road and Bridge area. It is proposed that a facility be developed that would provide adequate garage area, ranging from 70,000 - 90,000 square feet, warehouse area of approximately 7,000 - 10,000 square feet enclosed as well as 5 - 10 acres of storage yard, and adequate fenced parking for all county equipment . If a facility of this nature can be developed by the county, it would mean that the current county garage and three outlying shops could be eliminated in addition to the space gains that have been made by relocating Road and Bridge administration and preventive maintenance shops to the new site. A warehouse facility would enable Weld County to develop a proper supply and warehouse function and also free some space in the Centennial Complex iur further expansion to cope with the growth pressures the Centennial Complex is experiencing. —225— It is proposed that the development of this site be on a gradual basis over the Five-Year Long Range Capital Plan. In addition to the current facilities located at the 11th Avenue site, it is proposed that in 1983 a site plan be developed that would encompass all of the above functions. As funds are made available during the five year period, it is proposed that the site plan be gradually developed year by year. In the event that the county shops could be sold as surplus property, the proceeds could be put into the Capital Projects Fund to assist in the financing of the new facilities. At the end of the five year period or during the five year period, if the opportunity presents itself, the Board should consider utilization of the Building Authority to complete the project and the site plan. Financing: It is recommended that the county utilize current funding during the five years of this Long Range Plan with the possibility of utilizing the Building Authority funding mechanism to complete the project during the five year program when county finances and the bond market permit. There should also be consideration give that, as the site plan is developed gradually, some of the smaller facilities such as the warehouse area and auxiliary garage areas are built that the utilization of the Aims student program in the building trades be considered for cost reduction. -226- GRADER SHEDS Existing Situation: The county currently has 18 grader sheds throughout Weld County, to accommodate the road maintenance function in all sectors of the county. The grader sheds are in various conditions, ranging from good to need for replacement. Three have recently been replaced, Nunn (1981) , Gwonda (1982) , and Vim (1983) . Proposed Solution: An analysis of existing grader sheds has been done the last three years to determine which are required for the operational functions of the road maintenance operation in Weld County. In the process some have been sold, others consolidated, and some identified for replacement. In cases where existing grader sheds will accommodate the maintenance function, it is suggested that there be attention given to those sheds that need to have maintenance of major improvements done to them. Where necessary, replacement sheds have been identified. Financing: It is recommended that the county budget $20,000 per year over the next five years to construct, maintain, and upgrade the numerous grader sheds throughout the county. The funding mechanism should be a pay as you go function out of the Capital. Projects Fund. -227- ENERGY EFFICIENCY Existing Situation: With the rise of utility costs and the energy crisis, it is essential that Weld County continue to be in a position to properly respond to the energy conservation programs that will be required during the next few years. Much has already been done in the area of energy efficiencies, and efforts on a smaller scale must continue. Proposed Solution: In order to avoid high energy and utility costs in county buildings, it is suggested that the county continue to identify energy conservation opportunities in all county facilities that are owned and continue to take corrective action to make county facilities as energy-efficient as possible. The cost of this particular capital project could be recovered substantially in a few years due to the pay back in energy savings. Financing: It is recommended that the county budget $5,000 for the energy efficiency program each year. Where cost effective payback opportunities exist, additional funds should be considered with offsets to the operating utility budgets impacted. -228- MISCELLANEOUS PROJECTS Existing Situation: Each year in the county there are several small projects to update or renovate county facilities, provide for new county programs, remodel to accommodate changing programs or meet new legal standards. An approach to provide miscellaneous funds of this nature can assist the county in avoiding the postponing of remodeling of facilities that will avoid cost or delay potential savings to the county and the taxpayers. In addition, an approach like this can also make better utilization of existing facilities in order to avoid the acquisition of new space and facilities. Carpet replacement should be included in this category. Proposed Solution: It is recommended that an amount of $10,000 per year in the Long Range Capital Projects Plan be set aside for such projects. Financing: It is recommended that the county budget $10,000 per year for small. projects. -229- ACCUMULATIVE CAPITAL OUTLAY/CONTINGENCY Existing Situation: If Weld County is to embark upon a number of ventures in capital projects over the next five years, it is suggested that the county proceed very cautiously and very conservatively in the area of financing. In order to do this, it is suggested that a contingency be set aside each year on a pay as you go basis to accommodate unanticipated cost increases or emergency situations that cannot be foreseen at this time. If the contingency amount is accumulated over the next five years, it can be used as a reserve for the capital projects program in future years, or it can be used as a funding mechanism in years beyond 1988. Proposed Solution: Budget any carry-over amount each year as a contingency basis that ultimately could be used to meet any contingency or emergency situation, or could be used as an accumulation of capital outlay funds for funding of projects beyond 1988. Financink: It is recommended that the county budget fund balance carry-overs in the capital fund each year as a contingency. -230- HUMAN SERVICES CENTER Existing Situation: The Health Department and Human Resources are currently housed in the Health Building. If the Hospital acquires the building, the other departments would have to be relocated. Proposed Solution: It is recommended that the proceeds from the sale of the Health Building be used to replace comparable space in a Human Services Center located in the area of the Walton Building. This site would consolidate human service programs allowing better coordination of services. In addition, it would offer flexibility in office space management of these programs as they expand and collapse over time as funding levels and emphasis change. Financing: It is recommended that the funding come from the sale proceeds of the Health Building, in the event the Hospital acquires the building. -231- MISCELLANEOUS FUNDS -232- HOSPITAL CAPITAL FUND Requirements Total 1984 1985 1986 1987 1988 Hospital Phase II $1 ,680,324 $280,324 $700,000 $700,000 *Family Clinic/ Auxiliary 1,750,000 $645, 162 $685, 162 419,676 TOTAL $3,430,324 $645,162 $685,162 $700,000 $700,000 $700,000 * Hospital proposes purchasing the Health Building at the replacement cost. The building would be used for the Family Practice Clinic and auxiliary offices. Proceeds of the sale of the building would be used to build a comparable structure to house the Health Department and Human Resources Department in a Human Services Center. -233- HOSPITAL/FAMILY CLINIC Exiting Situation: The North Colorado Medical Center has recently completed a twenty-one million dollar expansion funded by Revenue Bonds that will be liquidated through patient charges. The resolution creating the Weld County Public Hospital April 15, 1944, authorized up to one mill for hospital purposes for medically indigent citizens. In recent years the subsidy has come in the form of capital fund contributions of approximately $700,000 per year. The hospital is now planning Phase II of the capital development program. Included in the plan is the possibility of acquiring the Health Building for the Family Practice Clinic and auxiliary offices. Proposed Solution: I . In the event the hospital acquires the Health Building, it is recommended it be sold at a value to replace an equivalent building near the Walton Building to create a Human Services Center. Funding would come from the Hospital Capital mill levy. 2. The Board needs to re-affirm their commitment to provide SOT, interest and a mill levy equivalent to $700,000 per year for the hospital. Financing: Funding for the Health Building should be by the use of the hospital mill levy to purchase the building with the proceeds going to the county for replacement of the building at the Walton Building site to house HAD and the Health Department. The Board needs to address the policy issue of future hospital capital construction. -234- CONSERVATION TRUST FUND Existing Situation: With the passage of SB119 (The Colorado Lottery) , 40% of the proceeds of the lottery are earmarked for Conservation Trust Funds in local governments. The earning potential of the lottery is unknown but the estimated potential of $100 million gross revenues indicates that Weld County's share (1. 22% of state population -- 35,542 unincorporated residents) would equal $190,000 - $250,000 in revenue. The funds would have to be used for "the acquisition, development and maintenance of new conservation sites or for capital improvements or maintenance for recreational purposes on any public site". (Section 29-21-101, CRS, 1973) . The first allocations were in September, 1983, in the amount of $194,698 it would become a planned revenue source beginning in fiscal year 1984. Proposed. Solution: The Board has the option to use the funds in the following ways: 1 . Maintain and improve Island Grove. 2. Maintain and improve Missile Site park. 3. Participate in the performing arts center in Greeley. 4. Reclaim gravel operation for recreational purposes. 5. Share funds with municipalities. Policy issue. -235- ISLAND GROVE Existing Situation: Weld County and the City of Greeley currently have certain joint ventures and commitments to develop the Island Grove facility. Some discussion has been held regarding the creation of an Island Grove Park Authority for development and management of the facility. Proposed Solution: If it is the determination of the Board of County Commissioners to continue to participate in the development of the Island Grove facility, it is recommended that beginning in 1984, Conservation Trust Funds from the lottery be used. Financing: It is recommended that the county finance any Island Grove enhancements with Conservation Trust Funds resulting from the lottery. -236- GENERAL FUND AIRPORT: The Board has committed General Fund monies to the FAA ADAP airport enhancements. The county's share under the current program is 5% of the development costs. Estimated costs are approximately $40,000 per year over the five-year life of this capital plan. -237- AIRPORT Existing Situation: The Weld County Board of County Commissioners, with approval of the Airport Master Plan, committed to participate in certain enhancements at the Airport facility, especially enhancements that will insure the safety of the Airport operation. If it is the decision of the Board to continue to participate in the joint funding of the Airport facility with the City of Greeley, funds should be provided for in the Long Range Capital Projects Plan to accommodate the FAA ADAP program during the next five years. Proposed Solution: It is proposed that $40,000 per year be earmarked in the long Range Capital Projects Plan from 1984 through 1988 to accommodate capital improvements at the Weld County Airport, with emphasis being safety features and other essential enhancements for the current operation. Financing: It is recommended that the county budget $40,000 per year from General Fund resources. -238- BUDGET UNIT REQUEST SUMMARY FISCAL YEAR 1984 AGENCY/DEPT. NAME : North Colorado Medical Center - Capital BUDGET UNIT TITLE AND NO . : Hospital Capital -- 311944 DEPARIMcNT Maximum DESCRIpTIOR: Mill levy to fund capital improvement of North Colorado Medical Center. mill levy is 3 mills. The budget unit shown above is broken down into the following activities: n/a Actual Last Requested Recommended RESOURCES Complete Allowed Current Next Next Fiscal Year Fiscal Year Fiscal Year Fiscal Year Gross County Cost $862,505 $645,162 $685,162 $685,162 Revenue 196,593 100,000 140,000 140,000 Net County Cost $665,912 $545,162 $545,162 $545,162 Budget. Positions -- -- -- -- SUMMARY OF CHANGES : Funds are at the level of funding of $545,162 property tax, $40,000 specific ownership, and $100,000 interest. Funding for Phase II of the hospital long range capital plan and purchase of Health Building. FINANCE/ADMINISTRATIVE RECOMMENDATION : Continuation of hospital capital at the level of $685,162 per year for the next five years is a policy issue for the Board in consideration of the Long Range Capital Plan for 1984 - 1988 for Weld County. See Weld County Long Range Capital Plan for 1984 - 1988. Payment of interest to the hospital operating funds should be considered in conjunc- tion with this budget. Payment would reduce interest earnings in the General Fund and increase county resource contribution to the hospital. Recommend that if interest is credited to the hospital, an offset in property tax revenue in this fund be made. Policy issue. -239- BUDGET UNIT REQUEST SUMMARY FISCAL YEAR 1984 AGENCY/DEPT. NAME : Public Works Building BUDGET UNIT TITLE AND NO . : Public Works - County Buildings -- 331944 DEPARTMENT DESCRIPTION: Capital projects for general county use. The budget unit shown above is broken down into the following activities: n/a Actual Last Requested Recommended RESOURCES Complete Allowed Current Next Next Fiscal Year Fiscal Year Fiscal Year Fiscal Year Gross County Cost $257,780 $1,252,334 $915,960 $915,960 Fund Balance 42,489 1,031,732 715,960 715,960 Revenue 15,223 14,000 14,000 14,000 Net County Cost $200,068 $ 206,602 $186,000 $186,000 Budget. Positions -_ -- -- -_ SUP1MA1Y 4F CHANGES: Budget reflects the 1984 funding level of the Proposed Long Range Capital Plan for 1984 -. 1988. The actual plan is on the pages immediately following. F I NAJVCI;JADMI NI STRATIYE RECOMMFNDAI I ON : Recommend adoption of the Proposed Long Range Capital Plan for 1984 - 1988. The only consideration for funding is the 1984 portion of the plan. The remaining years are policy direction for planning purposes. The plan should be reviewed annually by the then current Board for appropriate amendments. It is recommended that the special projects requested be screened and only critical and cost effective ones be approved. An attached list itemizes them. -240- Y 0 N ro Y .W P. F W W W W N P. F W m O 0 Y 4 3 W W O v T C p N F C E E G M 0 Y Y Y Y Go 1 m 4 G .,.N .a U Y i:n0 0 0.O W W W CO U'0 0 V V ,O.p 'O 9 O '4 E W W V N w P. V O N W W ,W i W W V •9.0 T.WW W T O V V T V Y V C G V 0 9 OHZ 4 H E 0 WW EW, WW•.a EW ro M Wgg 5 W5 eWGq N 9WGq.-1 O EWE Y Y E W Y W W Q O G. G0 0 E LW V E E E O E V O V E E V 9 O P V V E "3.3,12 0 0 •.0 YE 0 o 4 4 OO W EW 00 U O M 0U LE M W U U E W 0 4 0 11) E 0 0) W E E E Ca)) 0 0) 0 0 W P'0. 49 E a a04 E0. Eaa Ea01 0.a E E a E ro oa ro co Oa a y G Y U L Y ol ft pp(Q L•.I U Y Y Y 00 Y U M U Y 4-8 U Y m Y U U Y U 0.4 (dJ. ol ft a a S S Z z Z Z Z S Z a S a Z Z a Z S Z a a Z a A A Z A PLZZ lo H H H a 0 U U ££££ £ U U U 0 U 0 0 I 0 Z £ £UU£ UU££ UUVU£U� �', £ g oo Y gb01 m VI 0 CIA 000000�� I mono o O a 70, in 0 >4 >I n m N r1 f•1 N I in Ntfl on W p en 0 N 0 0004 N1smO,000001n4 O^ Wr Nr 0 00 sl Nl n s s Pi sl �� .l^ 0 0 0 011 �11 4 00 0 O N N O 0 W 1 O N V1 4 N 0 in in Vl N rl 4 0 N N in II v1 P N N V1 H X 3 ,.y o aH t+1 I�N in 00 M .p H CO .P f•1 ri .P N N aU m a H O z En N N U[� fT n] [H VU vf A4 W h m O Cal U I0 GEL]) u P. V U W W W U W g U 4 \ M 0 •N O :4'40 CO O 4 W O 4 W OA H 0 Y G 0 bow 40 0 .ti 0 00 0 .N H O .+ .f0 Y 0 0 W M V H V 4 W ro W U 3 W •N W W 3 co 3 0 a G W 7 Z V 4 0 G W V rJ • G ..n 0•.f co G O 4 H P. p 0 H 0) 0 0 0 al M U O W 0•M.ti 0 3 W Y N a 0 ) W y E, U W .O 0 44 .0 Y OY 3w .-O.V 4 0 0 0 4 u E N M N4 N 0 N 4 .+ W O'.Gf Y O O 4 0 �' 0 1. G X00 V W 0 0 0 .C N 0 M U W 4 3 v H Vl CO ~ 00 O E CO O N E) 0 0 0 0 4 a) U W 0 0 r G 0 0 A 4 Y G 0 Oa P. M 0 00�W'M 61 CVO w M W �1 ~ U Y Y S W 0 W M ro U Y 4 0 W O W 4 C rota' G .-f Y MP\ 0 CO 0 - 4 W 4.!1 4 w 0 Z X V Y W w CO0 W G O Y W P W N P.E Y VW X G 00 W 0 V p 0 C T W O14 1. 44 P.N CU R. w 4 N O C o O C E N w W Y P4. E-4 1 0 W co E aa) 0 0 -4 W C E 4 8 G. O P.W C W OH w 4 3 4 0 T .1 A N o .b 0 w W 4 .f al Y 00 W pi G t0 WO V W N O 4,1a4) ro L W oro N U 3 U 0 W 0.0 4 Y co C W�+ W G N W W V 0.04%-l 0 W 00'�G+ 060 CIA P yy .Y O Y O O CO N W.-+ roP.O.>'.1 T.C N U .C ..1 HI\ W ro w 0 W 0 V > 4 .4 M 4.E Y(Dec •.+ 4 4 0'N 0 W U U 0 G 1. 0 Y N ti H W ro 0 0 0 00,-. C C010:"G W Y P.L...I Y U .+•.f E. U O .-+•" "a .a 0 P. co Mg0 O a P.P. ro 0 .4i .m.�i N 0 0 0.4 0 P.W aal W N.-W+W O .-W+ W 7 � 0 S aa1 v d 4 0.W', S W a. 0.W' K K. (n :3 .4 vn W W P. P.a VnIn z a4U6aa W USw> a as a W a. 0 00 .N 0 G N .0 � PO W Y 4 b P. 4 0. F y0 W ®W® G y0 In 0 0 y ">" f�. T y y •-• 0 .,C 0 0 W G ,O-i P. Y w a u �. .Wi M W W Y [y a) G W £ x a Z. .0 In C] U O ~j�j N W W P I 0 W ti F ro Io Y. 4 e w N L va 8 8 M •0 Y 4 0 N O 6 P. W C H H H i 0. G : CO o P 0 0 0 U 0 o 3. f0 = 0 .-1 0 -241- P. IGS FUNDS INTERNAL SERVICE FUNDS Internal Service Funds are established to account for goods and services provided to other departments of the County on a cost-reimbursement basis. The Motor Vehicle Fund accounts for the revenue and costs generated by equipment and vehicles rented to the Road and Bridge Fund and to various departments of other County funds. The gross operating budget amounts to $2,872,339 in 1984 with $994,685 budgeted for new capital equipment. Road and Bridge uses $2,297,662 of the total operating budget, or 80.0%. Printing and Supply provides printing services and the supply and stores function of the County. The total budget is $122,036 with $20,000 being cost of supplies. The remaining is the printing functions and the labor for mail and supply function. The Data Processing Fund accounts for all computer services provided to the County and other agencies on a cost-reimbursement basis. The gross budget is $1,454,678. Staff remains constant at 36 FTE. Salary increases of $94,475 are included to keep parity with the profession in the area. Final adjustments to the budget may be required after determining the maintenance and development effort required for each user during the budget hearing process. The Insurance Fund accounts for all insurance costs for the County. The program is a combination of insured risks and protected self—insurance risks. Gross budget costs are $595,495 in 1984 with a property tax levy of $486,757. Details of the program are provided under the specifics of the fund summary. The Health Insurance Fund provides for the costs associated with Weld County employee's self-insured health fund. The total for expenses and anticipated revenues is $988,038. Coverage is estimated for 667 employees with 207 having dependent coverage. Premiums are up 5% at $90.05 for single and $107.60 for dependent coverage. -242- BUDGET UNIT REQUEST SUMMARY FISCAL YEAR 1984 AGENCY/DEPT. NAME : Is — Motor Pool BUDGET UNIT TITLE AND NO. : Motor Pool Administration -- 61801 DEPARTMENT DESCRIPTION : Centralized motor pool support for Weld County. The budget unit shown above is broken down into the following activities: n/a Actual Last Requested Recommended RESOURCES Ccmplete Allowed Current Next Next Fiscal Year Fiscal Year Fiscal Year Fiscal Year Gross County Cost $2,618,352 $2,887,951 $2,872,339 $2,872,339 Revenue 2,770,043 2,952,824 2,963,889 2,963,889 Net County Cost $ (151,691) $ (64,873) $ (91,550) $ (91,550) Budget. Positions 23 21 21 21 SUMMARY OF CHANGES : PM program continues to reduce costs for parts and supplies ($8,703) . Depreciation is up $59,459 due to new equipment purchases. Motor pool is up $7,780 for pool cars. No funds are included for water augmentation ($75,000) . Other line items are stable, such as fuel, tires, etc. FINANCE/ADMINISTRATIVE RECOMMENDATION : Polic.y.Issues: 1. Elimination of pool cars ($20,000) and require individuals using them to drive private vehicles. The cars are not kept clean and safety complaints have been raised due to lack of anyone feeling responsible for use or care. 2. It is recommended that with the implementation of the automated fleet manage- ment and inventory system that management studies be done in 1984 to reduce inventory costs and a determination be made as to the cost effectiveness of doing certain repair work in the shops. Areas where it is not cost effective to do in-house should be contracted to outside firms. 3. Policy decision such as whether or not to remain in the gravel mining operations versus contracting for crushing could impact this budget and reduce costs, since the crushing operation requires a great deal of time and parts. 4 . Equity transfer of $43,781 from Cenernl Fund to pay I lokestrn lease Is Included: only $1 remains after 1984. -243- BUDGET UNIT REQUEST SUMMARY FISCAL YEAR 1984 AGENCY/DEPT, NAME : IS - Motor Pool BUDGET UNIT TITLE AND NO , : Motor Pool Equipment -- 611945 DEPARTMENT DESCRIPTION: Use of funded depreciation to acquire vehicles for county use. The budget unit shown above is broken down into the following activities: n/a Actual Last Requested Recommended RESOURCES Ccmplete Allowed Current Next Next Fiscal Year Fiscal Year Fiscal Year Fiscal Year Gross County Cost $1,157,194 $1 ,077,267 $1,006,685 $ 994,685 Revenue -0- -0- -0- -0- Net County Cost $1,157,194 $1,077,267 $1,006,685 $ 994,685 Budget. Positions _- -- _- -- LUMMARY OF CHANGES: See attached list. Recommended budget falls within resource capacity of budget. The replacement plan is consistent with the policies developed in 1979 and up- dated annually. FINANCE/ADMINISTRATIVE RECOMMENDATION : Recommend approval of all requested equipment listed on the following pages except Communication van which is not necessary with other emergency vehicles available and is not consistent with the Board's policy on vehicle assignment. Not recommended. This has been denied before by the Board in 1982. Policy of recommended equipment replacement guide on the following pages should be continued. -244- IGA EQUIPMENT Request Recommended Shop Equipment 1 One-ton truck $ 14,000 Shop Equipment $ 14,000 19,055 19,055 Buildings and Grounds 1 Tractor w/broom/blade 17,824 17,824 1 Compact pickup 6,000 6,000 1 Used forklift 4,000 4,000 Extension Service 2 One-ton weedspray trucks 20,000 20,000 Building Inspection 1 Compact pickup 6,000 6,000 District Attorney 1 Sedan 7,000 7,000 Communications 1 4 wheel drive 12,000 -0- Ambulance 1 Ambulance 50,000 50,000 Road and Bridge See List 850,806 850,806 GRAND TOTAL .L12006,685 $ 994,685 -245- 0 W CO 0000 1+ 00000000000 tin In 000 m 01 H W 0 0 0 0 W 0 0 0 0 0 0 0 0 0 0 0 1- r- 0 0 0 O u'1 45 0000 W00000 rn10 r in r- u1 -4 N. N 71 -4 •t. a . . . . m . . . . . . b 4-i .e r- I- n N u1 10 M ul O N N M E-1 > -43-4 H r- to co, O CO CO w 17 C a m W p W P4 N- N7 --7 ON N- N O O r N- N-N N h NO N- -1 h I- N N Op O W6 r- r- r7 47 r- r- r, r, r- v7 r, r, r 0'r, � C O .y 01 Cn 01 0+ Ol Ch Ch Cn T Ol 01 04 CT CT T Cs T C 01 01 0r 01 >• 'i .-I '-1 .-1 .y .-i .y .-1 .-1 .-I ti -'1 •-1 --1 •-i .-i r-1 --I -4 ti ti yJ H 0) 0 W r, Co T -4 .-i ul .--4 O .-i N M 4) CO N O+ tO n CO -4 40 U 0 ul ul v1 10 M N 47 O N N 0 -4 4D O 4J O ul ul N CO N - N N N N N N -+ O N N O N N N N C7 0\ 77 O .n N I-7 VD 4D 0 VD 1/40 ul ul 1/4O ul u1 II10 ul u1 ul ufl0 as Ol ON O u1 ul I I IIIIII I 1 1 1 W 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 --1 0 0 1 1 1 1 1 1 1 1 1 1 1 1 W -7 -4 -4 .7 -4 5 .7 -4 -4 -4 -4 -4 -4 -4 -4 .7 -4 \7 .7 J O W ( C-4 O 000 M 00 00 00 00000000 0000 10 WH 44 00 -7 -4 00 00 00 00001/40000 0000 0 H W. W O N M in CO 00 1D O O1001/40M --I 0, -4' 100 -40 CO 0.1 . . . . . a WI N --1 .--1 en O 10 -4 M n CO n u1 10 N Cr) O+ CO 0 !-4 ,-.3 N CO ul -4 0 -4 M --I --1 N •'- u'1 H Hi -ra M Hi .-1 CO (n H V) rn H (0 r+ W O -.1 H Fr z W Pi 0o In 000 M 00 00 00 00000000 0000 H 1'N1 6 1O 00r-. N. 00 00 0 0 0 0 0 0 Cr, 0 0 0 0000 P H q -4' O N 1D N- 00 O ul MO MOON .-i 01 10 NON O WW ig -i N -I O H O Ol -4 --1 01 n u1 10 H cm ,-JW 1-40 CO M u1 N u1 -4 --, N W H H -+ U LOW O4 0 [OW H PS 04 Co 34 a O ,C 4 F, 1 u W H < 74 rV 44 W 3 0 o0 F3!� L H C m 4 0 0: W m u •'F. E N a r4 H 0 C r"I O 0 H m 7 W 7 F C •.1 ri co W -4 •0 O H H 0 Pi .X CO M 0 a+ a) a0 CO ?G JJ W U1 H u1 H 0 4.4144-1 m u I Cr' U U H .L N H W .F m H ca 'O H H Cl) H -.4 al W •r1 U a ' 0) 1-+ Pi W ttl W W W W H O E Cl) iJ W X N 1-41-40 U W ..X HI-4 H 0 H H a W 3 H 0 rtl W w W H m 0 co 'D 1-4 H 0 m 0) 00 3 O pa --I 9 u E ,D O ro H W ..4 a 'C H m .'L ,C C 'H W E r C N •-1 H Z W 40P. a WO H W m 0 E u 0 -I co 0 0 'O 3 -0 O 'O C 0 E E H -X W Cr. W •r♦ ca 0 H m o W 11; > --I C O 03 H H N 0 I-4 0 0 X u 3 8 H W H M .-I .X o ff H ai 1-1 1i W H H 0FO Q -444--1m a .C3 W OHM UN m u a 0 Z a a H E3 0 a 0 rtl rtl •-I .-I Co m 0 .•, CO H E E E W 00 ai C F 0.•0 H a 0 0 3 CO H , Q) 0 W HO W OH .r10O 0 0 IJ 0 0 E H :t U 0 Q '04 -0 WO ✓ 0 F 0 r-1 .'IL rtl U IJ O 0 'O Cl) u ctl 04-4 0 C H O ttl H d 0 W U a W O a 10 O W W 0 H ttl 0 N •rl 0 r1 .l - 0 . 0 •d X HI -4 I t m 0 Z HE-I= H V] .:C M W -ten M In N W M W W N - -4 H ro >i H H H -7 H .ti N (N .ti 1 ti N .-y N --i --I .-i M -4 "I .-1 -4 M .-i N .-I Z O• >i H H C .-I NM-3- Le) Mr- W Ol 0 -1 N M -7 ut M n M 01 O -i CJ M Q -v .-I H .-r .-i .N .-i .-i -i .-i N N N N H M -246- BUDGET UNIT REQUEST SUMMARY FISCAL YEAR 1984 AGENCY/DEPT. NAME : IS - Printing & Supplies BUDGET UNIT TITLE AND NO. : Printing & Supplies -- 641155 _ DEPARTMENT DESCRIPTION: Provides printing & supply support services to the County. The budget unit shown above is broken down into the following activities: Printing; supply; postage. Actual Last _ RESOURCES Complete Allowed Current Requested Recommended Fiscal Year caxt Next Fiscal Year Fiscal Year Fiscal Year Gross County Cost $123,231 $107,473 $122,036 $122,036 Revenue 124,248 101,878 122,036 122,036 Net County Cost $ (1,017) $ 5,595 p_ Budget. Positions 2 2 2.SDVMARY QF CHANGES: Certain equipment repair cost previously paid out of General Fund have been roved to this budget. Additionally, the copy revenue of $8,000 has been included in this budget that was previously used to offset the printing costs in General Fund. The printing rates are to be modified slightly only to simplify the billing process and eliminate judgment errors. Budget includes salary adjustments. FINANCE/ADMINISTRATIVE RECOMMENDATION : Recommend approval as presented. This function was reorganized under Word Processing within Finance mid-1983. Board should reaffirm restructure during the 1984 budget hearings. Survey and quotes from outside printing firms indicate that our in-house print shop is cost effective and best handles county needs, such as rush orders. Recommend continuation of operation. -247- BUDGET UNIT REQUEST SUMMARY FISCAL YEAR 1984 AGENCY/DEPT, NAME : IS - Data Processing BUDGET UNIT TITLE AND NO. : Data Processing -- 65-1191 DEPARTMENT DESCRIPTION: The data processing center provides data processing support services to Weld County and a few outside agencies. The budget unit shown above is broken down into the following activities: Programming & systems; operations; administration; technical services. Actual Last Requested Recommended RESOURCES Complete Allowed Current Next Next Fiscal Year Fiscal Year _ Fiscal Year Fiscal Year_ Gross County Cost $1,501,322 $1,364,382 $1,454,678 $1,454,678 Revenue 1,501 ,322 1,364,382 1,454,678 1,454,678 Net County Cost Budget. Positions 42 36 36 36 alklbAftY OF CHANGES : Proposed salary increases of $94,475 are included in the budget amount. Supplies are down $9,394, purchased services are down $19, and with the buy-out of equipment, equipment rental is down $35,434. Computer equipment is budgeted at $122,009, up $24,014. FINANCE/ADMINISTRATIVE RECOMMENDATION : Recommend final approval based upon level of maintenance and new development approved by Weld County. A special work session for 1984 data processing project requests and funding is scheduled during the budget hearing process. Recommend using excess fund balance to purchase equipment to reduce future costs. Funds are included to upgrade the main IBM 4341 computer to a Model 12 from the current Model 2. During 1984 staff and the Board will need to address the future hardware capacity of the computer center. As more and more cost effective systems are added and growth in utilization increases, the capacity of the current IBM 4341 system is being taxed. The system in 1984 needs to plan to migrate from the current DOS/VSE environment to a MVS operating system. This should prepare Weld County (OVER) -248- BUDGET UNIT REQUEST SUMMARY (Continued) Data Processing -- 65-1191 FINANCE/ADMINISTRATIVE RECOMMENDATION: to move to an upgraded higher capacity computer in 1985. The planning, studying of options, and fiscal impact on the 1985 budget needs to take place in 1984. The following equipment purchases are recommended: IBM - Model Group 12 Upgrade $30,000 Displaywriter Memory Upgrade (Chartpack) 1,031 XT Personal Computer 10,905 1 Displaywriter (2 CRT's and 1 PRT) Sheriff 16,500 1 Displaywriter (2 CRT's and 1 PRT) Health 16,500 10 3178 CRT's @ $1,720/each 17,200 2 3287 Printers @ $5,466/each 10,932 Displaywriter Connect to 4341 (DA) $1,442 + $550 2,002 Displaywriter Connect to 4341 (HRD) $1,442 + $550 2,002 Other Hardware 14,938 *Adjustments could be required in this account after the October budget meeting on data processing requests. With Computer Services assuming the functional responsibility for Word Processing all Word Processing equipment has been budgeted in this budget unit. -249- BUDGET UNIT REQUEST SUMMARY FISCAL YEAR 1984 AGENCY/DEPT . NAME : IS - Insurance BUDGET UNIT TITLE AND NO . : Insurance Fund -- 669020 DEPARTMENT DESCRIPTION : Central fund to provide county wide insurance coverage. Administered by Finance and Administration budget unit in the Ceneral Fund. The budget unit shown above is broken down into the following activities: n/a Actual Last Requested Recommended RESOURCES Complete Allowed Current Next Next Fiscal Year Fiscal Year Fiscal Year Fiscal Year Gross County Cost $512,610 $580,228 $595,495 $595,49 Revenue 487,948 580,228 595,495 595,495 Net County Cost $(24,662) -0- -0- Budget. Positions -- -- -- SUMMARY OF CHANGES : Loss fund remains at $300,000 and estimated claims are budgeted at the full amount. Professional services for claim adjustments and administration are budgeted at a 7% increase ($68,025) , excess premiums are budgeted with a 7% increase or $167,400. Other miscellaneous items are constant for 1984 except added funds for safety training ($3,700) and membership in the Colorado Safety Council($1,000) . Unemploy- ment costs have been reduced to $50,000. County costs have increased $24,179 or 5%. FINANCE/ADMINISTRATIVE RECOMMENDATION : Recommend approval of continuation of self-insurance program as depicted on the following page. In accordance with Section 8--44-110, CRS, 1973, it is recommended that a mill levy be used to fund the self-insurance program for local County activities and only a chargeback mechanism be used for programs funded by State and Federal funding sources. All losses are fully reserved in this fund. -250- 9. Excess 10. Excess Specific Worker's Property Compensation $7,000,000 $5,000,000 5. Public 7. Excess Centennial Occurrence Official Liability Center and and and Law Enforcement Aggregate Employees Center Liability $4,000,000 Occurrence 8. Excess and Property $5,000,000 Aggregate Each Loss CSL and Aggregate Note: Standard Form $5,500,000 does not follow Any One Package Layer Occurrence 4. Excess 6. Excess Liability Note: $200,000 Checks S.I.R. $750,000 Occurrence $1,000,000 and Aggregate CSL 3. Package Layer - Excess Limits A. Property - $400,000 Occurrence B. Liability - $150,000 Occurrence CSL C. Errors and Omissions -- $100,000 Aggregate D. Flood - $150,000 Aggregate E. Worker's Compensation - $100,000 Occurrence sub limits - see below - xcess I 1. Loss Fund - s300,000 agregate I Self Insured Retention - $100,000 Occurrence Sub Limits 100,000 A. Employee Dishonesty - $100,000 per loss B. Money & Securities - $100,000 per loss Board of County Commissioners of Weld County, CO 1984 - Protected Self Insurance -251- BUDGET UNIT REQUEST SUMMARY FISCAL YEAR 1984 AGENCY/DEPT. NAME : IS - Health Insurance BUDGET UNIT TITLE AND NO . : Health Insurance Fund (83) DEPARTMENT DESCRIPTION : Provides for the costs associated with Weld County' s self-insured health program. The budget unit shown above is broken down into the following activities: Actual Last Requested Recommended RESOURCES Complete Allowed Current Next Next Fiscal Year Fiscal Year Fiscal Year Fiscal Year Gross County Cost $1,068,163 $988,038 $988,038 Revenue 1,068,163 988,038 988,038 Net County Cost -0- -0- -0- Budget. Positions -- -- -- SUMMARY OF CHANGES: Budget reflects the following changes: 1983 1984 Administration $38,363 $39, 140 Printing & Supplies -0- 1,000 Aggregate Excess Policy 19,336 18,089 Individual Excess Policy 19,850 26,013 Loss Fund 990,614 903,796 TOTAL: $1,068,163 $988,038 (OVER) FINANCE/ADMINISTRATIVE RECOMMENDATION : Recommend approval of the continuation of the self-insurance health program started January 1, 1983 with the rates as depicted below for 1984. No program changes are recommended in the summary of benefits provided on the following pages. The program thus far has been successful in achieving the objects of changing utilizations patterns and cost containment through sharing of costs between employer and employee in the areas of premiums, deductibles, and co-insurance. 1083 ending reserves should be $300,000 thus allowing only a 5% premium increase. (OVER) -252- BUDGET UNIT REQUEST SUMMARY (CONTINUED) Health Insurance Fund (83) SUMMARY OF CHANGES: 1983 budget was based on 713 participants versus 667 in 1984. Program requires only a 5% premium increase. FINANCE/ADMINISTRATIVE RECOMMENDATION: The 1984 program is calculated with current participation as follows:: Single Coverage: 667 Dependent Coverage: 207 Annual Administration Fee 667 X $4.89/month = $ 39,140 Individual Stop-Loss 667 X $3.25/month = 26,013 Aggregate Stop-Loss 667 X $2.26/month = 18,089 Administrative Operating 1,000 Fixed Costs $ 84,242 Loss Fund 903,796 TOTAL $988,038 REVENUE: Single 667 X $90.05/month = $720,760 Dependent 207 X $107.60/month = 267,278 TOTAL $988,038 -253- 1984 HEALTH INSURANCE FUND BUDGET 83-9020 EXPENSES 6210 Office Supplies and Materials 1,000 6320 Print/Duplicate 1,000 6338 Other Publicity Subscrib & Dues -0- 6350 Professional. Services 36,363 6510-HLTH Insurance - Health 39, 186 6740-HLTH Losses 990,614 6599 Clearing -0- TOTAL EXPENSES $1,068,163 REVENUES 3418 Charges for Services $1,068, 163 TOTAL REVENUE $1 ,068,163 6740-LIFE (Reserve) 42,000 Pool: Aggregate Excess 713 x $2.26 x 12 = $19,336.56 Individual Excess 713 x $2.32 x 12 = 19,849.92 Admin/Consultation 713 x $4.25 x 12 = 36,363.00 + $2,000 startup Individual Stop Loss $50,000 Aggregate $990,614 -254- INSURANCE 1983 1984 Self-Insured SINGLE $85.76 $90.05 (5%) FAMILY 102.48 107.60 (18%) PROGRAM: SINGLE $100 DEDUCTION - 20%/80% TO $2,000 THEN 100% FAMILY $200 DEDUCTION - 207/80% TO $4,000 THEN 100% CONCEPT: SHARING COST (PREMIUMS/DEDUCTIBLE/CO-INSURANCE) CHANGE UTILIZATION PATTERNS COST CONTAINMENT LIFE: 7,000 @ 39c/$1 ,000 = $2. 73/MONTH 12,000 @ 39C/$1,000 = $4.68/MONTH 1983 1983 OVER 5 YEARS 1984 UNDER 5 YEARS 1984 SINGLE EMPLOYEE: HEALTH $ 85. 76 $ 90.05 $ 85.76 $ 90.05 LIFE 4.68 4.68 2.73 2.73 SUB-TOTAL. 90.44 94.73 88.49 92.78 COUNTY CONTRIBUTION (74.44) (78.73) (72.49) (76. 78) EMPLOYEE SHARE $ 16.00 $ 16.00 (0%) $ 16.00 $ 16.00 (0%) DEPENDENT INSURANCE $102.48 $107.60 (5%) $102.48 $107.60 (5%) $118.48 $123.60 (4.3%) $118.48 $123.60 (4. 3%) -255- SUMMARY OF BENEFITS FOR EMPLOYEES AND DEPENDENTS Supplemental Accident Benefit: 100% of the first $500.00 per accident , per person, not subject to the $100.00 deductible. Pre-Admission Testing: Covered at 100% of Usual, Reasonable and Customary medically necessary expenses. Birthing Centers: Covered at 100% of Usual, Reasonable and Customary medically necessary expenses.. Major Medical Benefit: Maximum Lifetime Benefit: $1,000,000 each Covered Person. Deductible: $100.00 per person each Calendar Year, not to exceed $200.00 combined (aggregate) per family each Calendar Year. NOTE: The Family Deductible may be comprised of any combination of eligible medical expenses among covered family members. Co-Insurance: After the deductible has been met, 80% of the next $2,000 (80% of $4,000 per family) , and 100% thereafter of Covered Expenses will be paid per Covered Person each Calendar Year, but not to exceed the maximum lifetime benefit. Rooma nd board charges shall not exceed the semi-private, ICU and CCU room rates. All charges are subject to the "General Limitations" of this plan. In-Hospital "Well Baby" Benefit: Hospital Nursery charges and one Physician vist covered as any other illness subject to the deductible and co-insurance. Out-patient Pediatric "Well Baby" Benefit : Pediatric well baby care is available until the child's second birthday; limited to a maximum of $90 per dependent child per Calendar Year. This "well baby" care includes lab and X-ray services. Routine immunizations are available until the child's second -256- birthday, not limited to the Calendar Year maximum. Treatment of Alcoholism, Drug Abuse, Nervous and Mental Illness: In-Hospital : 45 days maximum per Calendar Year. NOTE: Partial hospitalization -- the lesser of 1) the number of days of patient hospitalization, or 2) 90 days in any Calendar Year. (Each two partial days will count as one full hospital day.) Out-patient: 50% of each visit, not to exceed usual, reasonable and customary, up to a maximum payment of $1,250.00 per Calendar Year. The eligible charges for out-patient services are the reasonable charges for the care and treatment of mental , psycho-neuroticand personality disorders furnished 1) by a hospital (other than in-patient or partial hospitalization services) ; 2) by a Physician; 3) under the direct supervision of a Physician by a comprehensive health care service corporation, a community mental health center, or other mental health clinic, which is licensed or approved to furnish mental health services by the state where rendered; or 4) by a social worker registered or licensed by the state where rendered, if furnished under the direct supervision of a Physician. Chiropractic: $30.00 maximum consideration per visit. $500.00 maximum payment per Calendar Year. $5,000.00 maximum payment per lifetime for each Covered Person. Covered Expenses (Up to Usual, Customary and Reasonable) Examples A. Doctor's services. B. Prescription drugs. C. Blood and blood plasma. D. Ambulance service. E. Artificial limbs. -257- F. Rental of wheel chairs, braces, crutches, etc. G. Physical therapy and out-patient oxygen therapy. H. Intensive care unit room charges. I. Emergency room services. J. Hospital room and board. NOTE: This is a partial listing of covered major medical expenses. Items specifically excluded are shown elsewhere in the Plan. -258- Hello