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Home My WebLink About08529SUBSTITUTED COPY NOVEMBER 26, 2012 ORDINANCE NO. 8529 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 2013 AND ADOPTING THE BUDGET FOR THE YEAR 2013 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2013 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 2013 is hereby estimated and the General Fund Appropriation by Department for Fiscal Year 2013 is hereby made as follows: REVENUE BY SOURCE AMOUNT APPROPRIATION BY AMOUNT DEPARTMENT Taxes 61,816,929 General Government 9,913,995 Licenses & Permits 595,550 Police 26,787,316 Intergovernmental 1,961,000 Fire 15,323,232 Charges for Service 3,636,907 Public Works 7,862,363 Fines & Forfeits 2,296,160 Parks 4,768,235 Other Revenue 313,800 Non-Departmental 4,661,173 Transfers In 4,536,065 Transfers Out 6,889,989 Fund Balance 1,049,892 GENERAL FUND TOTAL 76,206,303 GENERAL FUND TOTAL 76,206,303 SECTION 3. Revenue is hereby estimated and Appropriations hereby made for the Fiscal Year 2013 for all other Funds of the City of Pueblo as follows: OTHER FUNDS REVENUE APPROPRIATION INTERGOVERNMENTAL 5,133,926 5,133,926 SPECIAL CHARGES 2,705,955 2,705,955 SPECIAL DISTRICTS 643,935 643,935 OTHER SPECIAL REVENUE 161,100 161,100 HUD GRANTS 1,941,610 1,941,610 PUBLIC IMPROVEMENTS FUND 758,478 758,478 DEBT SERVICE FUND 3,698,335 3,698,335 ECONOMIC DEVELOPMENT TAX 7,444,156 7,444,156 ELMWOOD GOLF COURSE 1,168,439 1,168,439 WALKINGSTICK GOLF COURSE 1,138,837 1,138,837 HONOR FARM PROPERTIES 307,516 307,516 MEMORIAL HALL 343,002 343,002 MEMORIAL AIRPORT 1,576,082 1,576,082 PUEBLO TRANSIT 4,854,474 4,854,474 PARKING FACILITIES 796,557 796,557 WASTEWATER ENTERPRISE 13,677,561 13,677,561 STORMWATER UTILITY 2,755,000 2,755,000 INTERNAL SERVICE FUNDS 5,468,689 5,468,689 SECTION 4. The City of Pueblo, Colorado has enacted Ordinance No. 8197, 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 2013 is $7,444,156 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. Authorized staff positions within all departments of the City, as well as the salaries therefore, are approved and adopted by separate ordinances. All information pertaining to staffing and salary included in the budget document incorporated herein is solely for the purpose of providing additional information to the user of the document. 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 12, 2012 BY: Sandy Daff COUNCIL PERSON PASSED AND APPROVED: November 26, 2012 SUBSTITUTED COPY NOVEMBER 26, 2012 Background Paper for Proposed ORDINANCE DATE: AGENDA ITEM # S-1 NOVEMBER 12, 2012 DEPARTMENT: OFFICE OF THE CITY MANAGER JAMES F. MUNCH, INTERIM CITY MANAGER JENNY M. EICKELMAN, INTERIM DEPUTY 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 2013 AND ADOPTING THE BUDGET FOR THE YEAR 2013. 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 2013 expenditures. Provided in this Ordinance is the City Manager’s recommended budget, as amended by the City Council on November 26, 2012. RECOMMENDATION Approval of the Ordinance. FINANCIAL IMPACT This budget as originally presented to the City Council and the citizens of Pueblo on October 9, 2012, set forth a plan whereby in 2013 the City will expend all anticipated general fund revenues, plus an additional $2,409,546 from the reserves, for the operation of the City. On November 26, 2012, the City Council amended the budget by reducing expenses, as well as making enhancements and corrections to revenues, resulting in reduction in the amount required from the reserves to $1,049,892. This amount will leave the Council designated minimum reserve of 10% fully intact for the fiscal year 2013. The budget document, as amended, includes total spending from the General Fund in the amount of $76,206,303.