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Home My WebLink About08666 SUBSTITUTED COPY NOVEMBER 20, 2013 Background Paper for Proposed ORDINANCE DATE: AGENDA ITEM # R-7 NOVEMBER 11, 2013 DEPARTMENT: OFFICE OF THE CITY MANAGER SAM AZAD, 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 2014 AND ADOPTING THE BUDGET FOR THE YEAR 2014 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 2014 expenditures. Provided in this Ordinance is the City Manager’s recommended budget. RECOMMENDATION Approval of the Ordinance. FINANCIAL IMPACT This budget as originally presented to the City Council and the citizens of Pueblo on November 11, 2013, set forth a plan whereby in 2014 the City would transfer $38,644 to reserves. On November 25, 2013, the City Council amended the budget by restoring budgets for some non-profit organizations and also decreasing budgets for most of the non-profit organizations. The amended budget also includes an increase in tax revenues as well as a reduction in personnel in several City departments. The financial impact of all the proposed changes will be an additional $184,418 taken from the General Fund reserves. This amount will reduce the Council designated minimum reserve to 9.6 % for the fiscal year 2014. The budget document, as amended, includes total spending from the General Fund in the amount of $75,841,948. SUBSTITUTED COPY NOVEMBER 20, 2013 ORDINANCE NO. 8666 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 2014 AND ADOPTING THE BUDGET FOR THE YEAR 2014 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2014 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 2014 is hereby estimated and the General Fund Appropriation by Department for Fiscal Year 2014 is hereby made as follows: REVENUE BY SOURCE AMOUNT APPROPRIATION BY AMOUNT DEPARTMENT Taxes 62,687,186 General Government 9,151,537 Licenses & Permits 567,000 Police 26,648,584 Intergovernmental 1,965,000 Fire 15,278,197 Charges for Service 3,535,480 Public Works 7,715,655 Fines & Forfeits 2,232,880 Parks 4,535,431 Other Revenue 278,461 Non-Departmental 4,607,004 Transfers In 4,391,523 Transfers Out 7,905,540 Fund Balance 184,418 GENERAL FUND TOTAL 75,841,948 GENERAL FUND TOTAL 75,841,948 SECTION 3. Revenue is hereby estimated and Appropriations hereby made for the Fiscal Year 2014 for all other Funds of the City of Pueblo as follows: OTHER FUNDS REVENUE APPROPRIATION INTERGOVERNMENTAL 5,009,344 5,009,344 SPECIAL CHARGES 2,779,471 2,779,471 SPECIAL DISTRICTS 632,636 632,636 OTHER SPECIAL REVENUE 166,100 166,100 HUD GRANTS 2,105,826 2,105,826 PUBLIC IMPROVEMENTS FUND 1,088,668 1,088,668 DEBT SERVICE FUND 3,835,418 3,835,418 ECONOMIC DEVELOPMENT TAX 7,463,098 7,463,098 ELMWOOD GOLF COURSE 1,227,139 1,227,139 WALKINGSTICK GOLF COURSE 1,155,605 1,155,605 HONOR FARM PROPERTIES 111,513 111,513 MEMORIAL HALL 433,206 433,206 MEMORIAL AIRPORT 1,661,542 1,661,542 PUEBLO TRANSIT 5,020,778 5,020,778 PARKING FACILITIES 695,420 695,420 WASTEWATER ENTERPRISE 28,491,273 28,491,273 STORMWATER UTILITY 3,320,000 3,320,000 INTERNAL SERVICE FUNDS 5,488,689 5,488,689 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 therefore 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 2014 is $7,463,098 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. The officers and the staff of the City are directed and authorized to perform any and all acts consistent with the intent of this Ordinance to effectuate the policies and procedures described herein. SECTION 8. 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 11, 2013 BY: Ami Nawrocki PASSED AND APPROVED: November 25, 2013