Loading...
HomeMy WebLinkAbout09279 City Clerk’s Office Item # R-11 Background Paper for Proposed Ordinance COUNCIL MEETING DATE : April 23, 2018 TO: President Christopher A. Nicoll and Members of City Council CC: Sam Azad, City Manager VIA: Brenda Armijo, Acting City Clerk FROM: Roni Kimbrel, Director of Finance SUBJECT: 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 2017 AND AMENDING THE BUDGET FOR THE YEAR 2017 SUMMARY: Attached is an Ordinance amending the original 2017 budget Ordinance to incorporate changes made throughout the year. PREVIOUS COUNCIL ACTION: Ordinance 9065, passed and approved by the City Council on November 28, 2016, adopting the Budget for the fiscal year 2017. BACKGROUND: In November of 2016, the City Council adopted the annual budget for the year 2017. During the year, due to various operational changes, the City Council adopted several Ordinances and Resolutions amending that budget. This Ordinance also incorporates changes and corrections as dictated through the year-end closing process, as well as adjustments to departmental budgets as necessary. This Ordinance accumulates all of these items into one summary Ordinance, which reflects the final revised Budget for the year 2017. FINANCIAL IMPLICATIONS: This action summarizes previously approved council and administrative changes to the budget and makes additional budget changes as needed. BOARD/COMMISSION RECOMMENDATION: Not applicable. STAKEHOLDER PROCESS: Not applicable. ALTERNATIVES: Not applicable. RECOMMENDATION: Approval of the Ordinance. Attachments: Proposed Ordinance ORDINANCE NO. 9279 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 2017 AND AMENDING THE BUDGET FOR THE YEAR 2017 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2017, 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 2017 is hereby amended as follows: SOURCE ORIGINAL FINAL AMENDED Taxes 68,772,517 68,772,517 Licenses & Permits 582,000 582,000 Intergovernmental 1,890,843 2,201,843 Charges for Service 3,951,968 3,951,968 Fines & Forfeits 1,668,200 1,668,200 Other Revenue 516,204 2,623,942 Transfers In 4,299,097 4,299,097 Fund Balance 4,069,128 4,800,940 General Fund Total 85,749,957 88,900,507 SECTION 3. The General Fund Appropriation by Department for the Fiscal Year 2017 is hereby amended as follows: SOURCE ORIGINAL FINAL AMENDED General Government 11,145,036 11,235,036 28,744,809 Police 28,724,809 Fire 17,210,908 17,210,908 7,403,557 Public Works 7,403,557 Parks 5,136,787 5,436,787 5,232,142 Non-Departmental 5,382,142 Transfers Out 10,746,718 13,637,268 General Fund Total85,749,957 88,900,507 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 2017 are hereby amended as follows: OTHER FUNDS ORIGINAL FINAL AMENDED INTERGOVERNMENTAL 5,468,044 8,344,472 SPECIAL CHARGES 3,219,000 3,449,766 SPECIAL DISTRICT 644,706 654,706 OTHER SPECIAL REVENUE 251,100 342,139 HUD GRANTS 2,464,873 6,687,325 PUBLIC IMPROVEMENTS 1,706,024 24,903,676 DEBT SERVICE FUND 4,583,853 4,583,853 ECONOMIC DEVELOPMENT TAX 8,429,811 45,616,944 STIMULUS GRANTS 0 1,293 POLICE BUILDING 423,120 0 ELMWOOD GOLF COURSE 1,237,139 1,460,111 WALKINGSTICK GOLF COURSE 1,160,389 1,468,075 HONOR FARM PROPERTIES 106,330 106,330 MEMORIAL HALL 1,533,895 583,895 MEMORIAL AIRPORT 1,958,165 6,227,659 PUEBLO TRANSIT 5,511,477 6,123,778 PARKING FACILITIES 753,354 933,354 WASTEWATER ENTERPRISE 23,262,629 40,297,110 STORMWATER UTILITY 3,721,800 5,774,623 INTERNAL SERVICE FUNDS 6,044,046 6,044,046 SECTION 5. 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 6. 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: April 23, 2018 BY: Ed Brown MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: ACTING CITY CLERK PASSED AND APPROVED: May 14, 2018_