HomeMy WebLinkAbout08794
SUBSTITUTED COPY 11-19-14
ORDINANCE NO. 8794
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 2015 AND ADOPTING THE
BUDGET FOR THE YEAR 2015
BE IT ORDAINED BY THE CITY OF PUEBLO that:
SECTION 1.
The budget for the fiscal year 2015 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 2015 is hereby estimated and the
General Fund Appropriation by Department for Fiscal Year 2015 is hereby made as
follows:
REVENUE BY SOURCE AMOUNT APPROPRIATION BY AMOUNT
DEPARTMENT
Taxes 63,332,185 General Government 9,405,829
Licenses & Permits 592,500 Police 26,154,235
Intergovernmental 1,992,473 Fire 15,711,245
Charges for Service 3,849,429 Public Works 7,760,477
Fines & Forfeits 2,027,169 Parks 4,429,764
Other Revenue 288,780 Non-Departmental 4,624,995
Transfers In 4,715,963 Transfers Out 8,978,455
Fund Balance 266,501
GENERAL FUND TOTAL 77,065,000 GENERAL FUND TOTAL 77,065,000
SECTION 3.
Revenue is hereby estimated and Appropriations hereby made for the Fiscal
Year 2015 for all other Funds of the City of Pueblo as follows:
OTHER FUNDS REVENUE APPROPRIATION
INTERGOVERNMENTAL 5,071,285 5,071,285
SPECIAL CHARGES 3,289,000 3,289,000
SPECIAL DISTRICTS 651,989 651,989
OTHER SPECIAL REVENUE 166,100 166,100
HUD GRANTS 2,453,933 2,453,933
PUBLIC IMPROVEMENTS FUND 1,642,626 1,642,626
DEBT SERVICE FUND 4,349,898 4,349,898
ECONOMIC DEVELOPMENT TAX 7,502,360 7,502,360
ELMWOOD GOLF COURSE 1,227,139 1,227,139
WALKINGSTICK GOLF COURSE 1,155,605 1,155,605
HONOR FARM PROPERTIES 106,268 106,268
MEMORIAL HALL 468,763 468,763
MEMORIAL AIRPORT 1,713,345 1,713,345
PUEBLO TRANSIT 5,192,721 5,192,721
PARKING FACILITIES 771,604 771,604
WASTEWATER ENTERPRISE 16,347,444 16,347,444
STORMWATER UTILITY 3,360,000 3,360,000
INTERNAL SERVICE FUNDS 5,566,500 5,566,500
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
Industrial Park. The anticipated revenue from this tax rate increase for the Fiscal Year 2015 is
$7,502,360 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, but shall not be required, 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.
SECTION 8.
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 9.
This Ordinance shall become effective upon final passage.
INTRODUCED: November 10, 2014
BY: Chris Nicoll
PASSED AND APPROVED: November 24, 2014
SUBSTITUTED COPY 11-19-14
City Clerk’s Office Item # R-4
Background Paper for Proposed
Ordinance
COUNCIL MEETING DATE: November 10, 2014
TO: President Stephen G. Nawrocki and Members of City Council
CC: Sam Azad, City Manager
VIA: Gina Dutcher, City Clerk
FROM: Sam Azad, City Manager
SUBJECT: 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
2015 AND ADOPTING THE BUDGET FOR THE YEAR 2015
SUMMARY:
The attached Ordinance adopts the Budget for the City of Pueblo for 2015.
PREVIOUS COUNCIL ACTION:
None.
BACKGROUND:
The Charter of the City of Pueblo requires that the City Council, through the adoption of the budget,
approve all City expenditures for the ensuing year. The budget sets forth a plan for the 2015
expenditures.
FINANCIAL IMPLICATIONS:
The budget as originally presented to the City Council and the citizens of Pueblo set forth a plan whereby
in 2015 the City would expend all anticipated general fund revenues, plus an additional $846,137 from the
reserves, for the operation of the City. Since the original presentation to Council, additional items have
been identified and added to this budget Ordinance as well as a reduction in operating expenses for City
departments. The additional items consist of increased funding to the Information Technology department
for required software licensing costs of the City’s computer systems, restoring budget for two non-profit
organizations, and a 10% reduction in operating expenses for City Departments in accordance with
Council’s direction. An authorized clerical position was added to the Municipal Court staff. General Fund
revenue was decreased by $300,000 after the defeat of the ballot issue asking for voter approval for an
excise tax and additional sales on marijuana production and retail sales. The financial impact of all the
proposed changes in the amended 2015 budget will expend all anticipated general fund reserves, plus an
additional $266,501 from the reserves. The budget document as amended includes total spending from
the General Fund in the amount of $77,065,000. The amount of the Council designated minimum reserve
will be 10% for the fiscal year 2015.
BOARD/COMMISSION RECOMMENDATION:
Not applicable.
STAKEHOLDER PROCESS:
The Proposed 2015 Annual Budget has been made available for public inspection at various locations,
including the City Finance Department, Office of the City Clerk, and all public libraries within the City of
Pueblo. The budget is also available in electronic format on the City’s website.
ALTERNATIVES:
Not applicable.
RECOMMENDATION:
Approval of this Ordinance.
Attachments:
Proposed Ordinance