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HomeMy WebLinkAbout08288 ORDINANCE NO. 8288 AN ORDINANCE MAKING APPROPRIATION FOR THE GENERAL FUND, SPECIAL REVENUE FUNDS, DEBT SERVICE FUNDS, CAPITAL PROJECTS FUNDS, ENTERPRISE FUNDS AND INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR 2011 AND ADOPTING THE BUDGET FOR THE YEAR 2011 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2011 as proposed by the City Manager and as amended by the City Council, the original of which is on file with the Director of Finance, is incorporated herein in full, and hereby approved and adopted. SECTION 2. The General Fund Revenue for Fiscal Year 2011 is hereby estimated and the General Fund Appropriation by Department for Fiscal Year 2011 is hereby made as follows: REVENUE BY SOURCE AMOUNT APPROPRIATION BY AMOUNT DEPARTMENT Taxes 59,029,598 General Government 9,941,342 Licenses & Permits 598,500 Police 25,953,712 Intergovernmental 1,891,704 Fire 15,133,579 Charges for Service 3,383,706 Public Works 8,010,262 Fines & Forfeits 2,600,800 Parks 4,997,810 Other Revenue 256,300 Non-Departmental 5,366,436 Transfers In 4,298,406 Transfers Out 7,400,234 Fund Balance 4,744,361 GENERAL FUND TOTAL 76,803,375 GENERAL FUND TOTAL 76,803,375 SECTION 3. Revenue is hereby estimated and Appropriations hereby made for the Fiscal Year 2011 for all other Funds of the City of Pueblo as follows: OTHER FUNDS REVENUE APPROPRIATION INTERGOVERNMENTAL 4,957,450 4,957,450 SPECIAL CHARGES 2,762,340 2,762,340 SPECIAL DISTRICT 650,461 650,461 OTHER SPECIAL REVENUE 175,090 175,090 HUD GRANTS 9,057,068 9,057,068 STIMULUS GRANTS 11,227,210 11,227,210 PUBLIC IMPROVEMENTS FUND 18,467,910 18,467,910 DEBT SERVICE FUND 3,337,582 3,337,582 ECONOMIC DEVELOPMENT TAX 16,618,160 16,618,160 HISTORIC ARKANSAS RIVERWALK 467,545 467,545 ARKANSAS LEGACY 665,404 665,404 LAKE MINNEQUA 238,223 238,223 POLICE BUILDING 1,066,953 1,066,953 ELMWOOD GOLF COURSE 1,168,439 1,168,439 WALKINGSTICK GOLF COURSE 1,013,542 1,013,542 HONOR FARM PROPERTIES 350,385 350,385 MEMORIAL AIRPORT 11,154,383 11,154,383 PUEBLO TRANSIT 4,379,521 4,379,521 PARKING FACILITIES 963,294 963,294 SEWER USER FUND 12,457,355 12,457,355 STORMWATER UTILITY 2,710,000 2,710,000 INTERNAL SERVICE FUNDS 5,359,512 5,359,512 SECTION 4. The City of Pueblo, Colorado has enacted Ordinance No. 7464, providing for a one-half cent sales and use tax rate increase for a five-year period, pledging the revenue therefrom for job creating capital improvement projects within the City of Pueblo and Pueblo Memorial Airport. The anticipated revenue from this tax rate increase for the Fiscal Year 2011 is $7,997,539 and the full amount thereof, plus any amount available in the fund balance, is hereby appropriated for projects to be determined by City Council by Resolution. SECTION 5. The number of positions within all departments of the City shall be subject to amendment by separate ordinances, which ordinances, however labeled, shall be construed as an amendment to the budget adopted herein. SECTION 6. Pursuant to Sections 7-12 and 7-13 of the Charter of the City of Pueblo, the City Manager is hereby authorized to maintain budgetary control over approved allotments within each department by classification of expenditure category, rather than line item. SECTION 7. No expenditures shall be made or warrants issued against any monies appropriated except in strict conformity with the Charter of the City of Pueblo and in accordance with the provisions of this Ordinance. INTRODUCED: November 8, 2010 BY: Ray Aguilera COUNCILPERSON PASSED AND APPROVED: November 22, 2010 Background Paper for Proposed ORDINANCE DATE: AGENDA ITEM # T-1 November 8, 2010 DEPARTMENT: OFFICE OF THE CITY MANAGER JERRY M. PACHECO, CITY MANAGER JENNY M. EICKELMAN, ASSISTANT CITY MANAGER TITLE AN ORDINANCE MAKING APPROPRIATION FOR THE GENERAL FUND, SPECIAL REVENUE FUNDS, DEBT SERVICE FUNDS, CAPITAL PROJECTS FUNDS, ENTERPRISE FUNDS AND INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR 2011 AND ADOPTING THE BUDGET FOR THE YEAR 2011 ISSUE The City charter requires that the City Council, through the adoption of the budget, approve all City expenditures. The budget sets forth a plan for the 2011 expenditures. Provided in this ordinance is the City Manager’s recommended budget. RECOMMENDATION Approval of the Ordinance. FINANCIAL IMPACT This budget sets forth a plan whereby in 2011 the City will expend all anticipated general fund revenues for current operations. In addition, this budget ordinance provides the budget for all of the other funds of the City. The budget includes total spending from the General Fund in the amount of $76,803,373. The amounts appropriated in this Ordinance differ from the proposed budget in that $25,000 for capital improvements to buildings at the Pueblo Zoo are now included in Non- Departmental expenditures rather than as a transfer to the Capital Improvement Fund. This correction has been made in this Ordinance and the all necessary changes to the budget document for 2011 will be done after final adoption of the budget.