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HomeMy WebLinkAbout08940 City Clerk’s Office Item # R-10 Background Paper for Proposed Ordinance COUNCIL MEETING DATE : November 9, 2015 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 2016 AND ADOPTING THE BUDGET FOR THE YEAR 2016 SUMMARY: 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 2016 expenditures. Provided in this Ordinance is the City Manager’s recommended budget. PREVIOUS COUNCIL ACTION: None. BACKGROUND: This budget as originally presented to the City Council and the citizens of Pueblo on October 13, 2015, sets forth a plan whereby in 2016 the City will expend all anticipated general fund revenues, plus an additional $1,321,286 from the reserves, for the operation of the City. This amount will leave the Council designated minimum reserve of 10% fully intact for the fiscal year 2016. The budget document includes total spending from the General Fund in the amount of $80,075,053. FINANCIAL IMPLICATIONS: See background. BOARD/COMMISSION RECOMMENDATION: Not applicable. STAKEHOLDER PROCESS The recommended budget has been available on the City’s web site, as well as at all library locations, since October 13, 2015. In addition, a public comment forum was held in the Council Chambers on during the regular meeting of the City Council on October 26, 2015. ALTERNATIVES: Not applicable. RECOMMENDATION: Approval of this Ordinance. Attachments: Proposed Ordinance AS AMENDED NOVEMBER 23, 2015 ORDINANCE NO. 8940 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 2016 AND ADOPTING THE BUDGET FOR THE YEAR 2016 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2016 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 2016 is hereby estimated and the General Fund Appropriation by Department for Fiscal Year 2016 is hereby made as follows: REVENUE BY SOURCE AMOUNT APPROPRIATION BY AMOUNT DEPARTMENT Taxes 65,755,968 General Government 10,396,273 Licenses & Permits 580,500 Police 27,677,815 Intergovernmental 2,081,433 Fire 16,285,917 Charges for Service 4,075,912 Public Works 7,762,008 Fines & Forfeits 2,103,600 Parks 4,993,485 Other Revenue 528,780 Non-Departmental 5,015,896 Transfers In 4,195,074 Transfers Out 9,427,548 Fund Balance 2,237,675 GENERAL FUND TOTAL 81,558,942 GENERAL FUND TOTAL 81,558,942 AS AMENDED NOVEMBER 23, 2015 SECTION 3. Revenue is hereby estimated and Appropriations hereby made for the Fiscal Year 2016 for all other Funds of the City of Pueblo as follows: OTHER FUNDS REVENUE APPROPRIATION INTERGOVERNMENTAL 5,112,417 5,112,417 SPECIAL CHARGES 2,999,000 2,999,000 SPECIAL DISTRICTS 639,966 639,966 OTHER SPECIAL REVENUE 191,100 191,100 HUD GRANTS 2,494,000 2,494,000 PUBLIC IMPROVEMENTS FUND 1,430,618 1,430,618 DEBT SERVICE FUND 4,316,365 4,316,365 ECONOMIC DEVELOPMENT TAX 7,900,000 7,900,000 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 274,327 274,327 MEMORIAL AIRPORT 1,800,055 1,800,055 PUEBLO TRANSIT 5,153,521 5,153,521 PARKING FACILITIES 771,604 771,604 WASTEWATER ENTERPRISE 21,818,732 21,818,732 STORMWATER UTILITY 3,360,000 3,360,000 INTERNAL SERVICE FUNDS 6,095,000 6,095,000 AS AMENDED NOVEMBER 23, 2015 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 2016 is $7,900,000 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 9. 2015 BY: Dennis F es Co lie"---110 APPROVE • `President of Council ATTESTED BY: .k-malt ITY CLERK PASSED AND APPROVED: November 23, 2015