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HomeMy WebLinkAbout09205 As Amended November 27, 2017 ORDINANCE NO. 9205 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 2018 AND ADOPTING THE BUDGET FOR THE YEAR 2018 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2018 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 2018 is hereby estimated and the General Fund Appropriation by Department for Fiscal Year 2018 is hereby made as follows: REVENUE BY SOURCE AMOUNT APPROPRIATION BY AMOUNT DEPARTMENT Taxes 73,993,077 General Government 12,353,530 Licenses & Permits 899,000 Police 30,318,395 Intergovernmental 3,163,820 Fire 18,385,053 Charges for Service 4,220,368 Public Works 8,070,309 Fines & Forfeits 1,439,000 Parks 5,643,588 Other Revenue 479,000 Non-Departmental 5,876,028 Transfers In 4,084,572 Transfers Out 11,378,360 Fund Balance Reserves 3,746,426 GENERAL FUND TOTAL 92,025,263 GENERAL FUND TOTAL 92,025,263 SECTION 3. Revenue is hereby estimated and Appropriations hereby made for the Fiscal Year 2018 for all other Funds of the City of Pueblo as follows: OTHER FUNDS REVENUE APPROPRIATION INTERGOVERNMENTAL 5,326,715 5,326,715 SPECIAL CHARGES 3,243,460 3,243,460 SPECIAL DISTRICTS 642,460 642,460 OTHER SPECIAL REVENUE 251,100 251,100 HUD GRANTS 2,368,306 2,368,306 PUBLIC IMPROVEMENTS FUND 2,218,417 2,218,417 DEBT SERVICE FUND 3,938,369 3,938,369 ECONOMIC DEVELOPMENT TAX 9,333,645 9,333,645 ELMWOOD GOLF COURSE 1,251,000 1,251,000 WALKINGSTICK GOLF COURSE 1,233,100 1,233,100 HONOR FARM PROPERTIES 110,808 110,808 MEMORIAL HALL 1,386,563 1,386,563 MEMORIAL AIRPORT 1,970,248 1,970,248 PUEBLO TRANSIT 5,475,775 5,475,775 PARKING FACILITIES 830,255 830,255 WASTEWATER ENTERPRISE 23,503,538 23,503,538 STORMWATER UTILITY 4,136,181 4,136,181 INTERNAL SERVICE FUNDS 5,885,269 5,885,269 SECTION 4. The City of Pueblo, Colorado has enacted Ordinance No. 8902, 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. The anticipated revenue from this tax rate increase for the Fiscal Year 2018 is $9,333,645 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. It is the policy of the City Council to accumulate and maintain a general fund reserve. Effective with the adoption of the FY 2018 budget, this reserve amount will be equal to 13% of the annual general fund expenditures and transfers out. SECTION 6. 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 7. 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 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. 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 13, 2017 BY: Ed Brown PASSED AND APPROVED: November 27, 2017 As Amended November 27, 2017 City Clerk’s Office Item # T-2 Background Paper for Proposed Ordinance COUNCIL MEETING DATENovember 13, 2017 : TO: President Stephen G. Nawrocki and Members of City Council VIA: Brenda Armijo, Acting City Clerk FROM: Sam Azad, City Manager SUBJECT: AN ORDINANCE MAKING APPROPRIATION FOR THE GENERAL FUND, SPECIAL REVENUE FUNDS, DEBT SERVICE FUNDS, CAPITAL PROJECT FUNDS, ENTERPRISE FUNDS, AND INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR 2018 AND ADOPTING THE BUDGET FOR THE YEAR 2018 SUMMARY: The City charter requires that the City Council, through the adoption of the budget, approve all City expenditures. The annual budget sets forth a plan for the 2018 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 10, 2017, sets forth a plan whereby the City will expend all anticipated general fund revenues, plus an additional $3,464,426 from the reserves, for the operations of the City for the year 2018. This amount will increase the Council designated minimum reserve of 13% for the fiscal year 2018. The budget document includes total spending from the General Fund in the amount of $91,743,263. After this budget was originally presented to City Council, the following expenditure items totaling $282,000 were added to the proposed general fund budget:  Additional Contributions & Donations to Juneteenth $5,000, PAACO $3,000 and NAACP $2,000  Increase Pueblo Zoo – Operations by $37,000 to $637,000  Transfer Out to Public Improvement Fund for Police Unmanned Aerial Surveillance Equipment $35,000 o Land Purchase for Softball Fields $200,000 o With the additional budgeted expenditures, the City is expected to spend all anticipated general fund revenues, plus an additional $3,746,426 from the reserves, for the operations of the City for the year 2018. The budget document, with these additions, includes total spending from the General Fund in the amount of $92,025,263. In the general municipal election held on November 7, 2017, the citizens of the City of Pueblo th approved two ballot questions. The first was a 1/5 percent (.2%) city sales tax for police personnel and operating needs. The second established a street repair enterprise. The 2018 budget related to these ballot questions will be established by Ordinance at a later date. 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 the Rawlings library location, since October 11, 2017. In addition, a public comment forum was held in the Council Chambers on during the regular meeting of the City Council on October 23, 2017. ALTERNATIVES: Not applicable. RECOMMENDATION: Approval of this Ordinance. Attachments: Proposed Ordinance