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HomeMy WebLinkAbout08559ORDINANCE NO. 8559 AN ORDINANCE AMENDING APPROPRIATIONS AND COMPILING PREVIOUS AMENDMENTS TO THE GENERAL FUND, SPECIAL REVENUE FUNDS, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, DEBT SERVICE FUNDS, AND CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR 2012 AND AMENDING THE BUDGET FOR THE YEAR 2012 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2012, with amendments made thereto by the City Council, the original of which is on file with the Director of Finance, is incorporated herein in full, and hereby approved. SECTION 2. The General Fund Revenue for Fiscal Year 2012 is hereby amended as follows: SOURCE ORIGINAL FINAL AMENDED Taxes 61,501,691 61,501,691 Licenses & Permits 548,050 548,050 Intergovernmental 1,820,278 1,820,278 Charges for Service 3,615,604 3,615,604 Fines & Forfeits 2,365,200 2,365,200 Other Revenue 243,800 268,490 Transfers In 4,187,800 4,354,190 Fund Balance 3,619,007 4,140,342 General Fund Total 77,901,430 78,613,845 SECTION 3. The General Fund Appropriation by Department for the Fiscal Year 2012 is hereby amended as follows: SOURCE ORIGINAL FINAL AMENDED General Government 10,202,991 10,202,991 Police 26,624,066 26,624,066 Fire 15,307,315 15,297,315 Public Works 8,373,383 8,430,283 Parks 4,950,819 5,101,819 Non-Departmental 5,391,775 5,502,265 Transfers Out 7,051,081 7,455,106 General Fund Total 77,901,430 78,613,845 SECTION 4. The estimated Revenues as well as the budgeted Expenditures of the Special Revenue Funds, Enterprise Funds, Internal Service Funds, Debt Service Funds, and Capital Project Funds for the Fiscal Year 2012 are hereby amended as follows: OTHER FUNDS ORIGINAL FINAL AMENDED INTERGOVERNMENTAL 5,299,338 7,643,585 SPECIAL CHARGES 2,838,840 2,945,592 SPECIAL DISTRICT 627,666 627,666 OTHER SPECIAL REVENUE 175,100 175,100 HUD GRANTS 2,523,777 10,832,756 PUBLIC IMPROVEMENTS 3,540,582 28,616,038 DEBT SERVICE FUND 3,432,818 3,497,793 ECONOMIC DEVELOPMENT TAX 8,435,019 26,012,340 HARP 0 104,035 STIMULUS GRANTS 0 5,773,066 ARKANSAS LEGACY PROJECT 0 25,697 LAKE MINNEQUA 0 1,194,755 POLICE BUILDING 0 411,402 ELMWOOD GOLF COURSE 1,168,439 1,248,439 WALKINGSTICK GOLF COURSE 1,052,414 1,197,588 HONOR FARM PROPERTIES 646,893 1,802,095 MEMORIAL AIRPORT 2,677,484 20,105,586 PUEBLO TRANSIT 4,597,034 5,415,932 PARKING FACILITIES 801,890 801,890 WASTEWATER ENTERPRISE 13,546,655 24,322,469 STORMWATER UTILITY 2,755,000 4,891,458 INTERNAL SERVICE FUNDS 5,057,026 5,782,026 SECTION 5. 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: December 26, 2012 BY: Steve Nawrocki COUNCIL PERSON PRESIDENT OF CITY COUNCIL ATTESTED BY: CITY CLERK PASSED AND APPROVED: January 14, 2013 Background Paper for Proposed ORDINANCE DATE: AGENDA ITEM # R-1 DECEMBER 26, 2012 DEPARTMENT: FINANCE DEPARTMENT SAM AZAD,FINANCE DIRECTOR TITLE AN ORDINANCE AMENDING APPROPRIATIONS AND COMPILING PREVIOUS AMENDMENTS TO THE GENERAL FUND, SPECIAL REVENUE FUNDS, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, DEBT SERVICE FUNDS, AND CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR 2012 AND AMENDING THE BUDGET FOR THE YEAR 2012 ISSUE Should the City Council amend the original budget Ordinance to incorporate changes made throughout the year? RECOMMENDATION Approval. BACKGROUND In November of 2010 City Council adopted the City Budget for the year 2012. During the year, due to various operational changes, City Council adopted several Ordinances and Resolutions amending that budget. This Ordinance also provides for changes and corrections dictated through the year-end closing process, as well as makes adjustments to departmental budgets as necessary. This Ordinance accumulates all of these items into one summary Ordinance, which reflects the final revised City Budget for the year 2012. FINANCIAL IMPACT This action summarizes previously approved council and administrative changes to the budget, and makes budget changes needed.