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HomeMy WebLinkAbout09373 City Clerk’s Office Item # R-15 As Amended November 26, 2018 Background Paper for Proposed Ordinance COUNCIL MEETING DATENovember 12, 2018 : TO: President Christopher A. Nicoll 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 2019 AND ADOPTING THE BUDGET FOR THE YEAR 2019 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 2019 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 1, 2018, sets forth a plan whereby the City will expend all anticipated general fund revenues, plus an additional $5,847,098 from the reserves, for the operations of the City for the year 2019. This amount will decrease the Council designated minimum reserve to 12% for the fiscal year 2019. The budget document includes total spending from the General Fund in the amount of $95,297,047. 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 1, 2018. In addition, per the requirements of Section 7-9 of the Charter for the City of Pueblo, a public hearing was held in the Council Chambers during the regular meeting of the City Council on October 22, 2018. ALTERNATIVES: Not applicable. RECOMMENDATION: Approval of this Ordinance. Attachments: Proposed Ordinance As Amended November 26, 2018 ORDINANCE NO. 9373 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 2019 AND ADOPTING THE BUDGET FOR THE YEAR 2019 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2019 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 2019 is hereby estimated and the General Fund Appropriation by Department for Fiscal Year 2019 is hereby made as follows: REVENUE BY SOURCE AMOUNT APPROPRIATION BY AMOUNT DEPARTMENT Taxes 74,330,748 General Government 12,603,654 Licenses & Permits 820,000 Police 30,294,053 Intergovernmental 3,479,881 Fire 18,879,129 Charges for Service 4,409,348 Public Works 8,641,405 Fines & Forfeits 2,136,400 Parks 6,111,007 Other Revenue 479,000 Non-Departmental 6,553,744 Transfers In 3,794,572 Transfers Out 12,214,055 Fund Balance Reserves 5,847,098 GENERAL FUND TOTAL 95,297,047 GENERAL FUND TOTAL 95,297,047 SECTION 3. Revenue is hereby estimated and appropriations hereby made for the Fiscal Year 2019 for all other Funds of the City of Pueblo as follows: OTHER FUNDS REVENUE APPROPRIATION INTERGOVERNMENTAL 5,279,162 5,279,162 SPECIAL CHARGES 3,474,395 3,474,395 SPECIAL DISTRICTS 640,086 640,086 OTHER SPECIAL REVENUE 251,100 251,100 HUD GRANTS 2,335,000 2,335,000 PUBLIC IMPROVEMENTS FUND 2,533,400 2,533,400 DEBT SERVICE FUND 4,257,043 4,257,043 ECONOMIC DEVELOPMENT TAX 9,274,126 9,274,126 POLICE SAFETY TAX 3,600,000 3,600,000 ELMWOOD GOLF COURSE 1,278,300 1,278,300 WALKINGSTICK GOLF COURSE 1,238,100 1,238,100 HONOR FARM PROPERTIES 74,789 74,789 MEMORIAL HALL 1,309,644 1,309,644 MEMORIAL AIRPORT 1,960,027 1,960,027 PUEBLO TRANSIT 6,856,331 6,856,331 PARKING FACILITIES 880,116 880,116 WASTEWATER ENTERPRISE 23,786,956 23,786,956 STORMWATER UTILITY 4,995,592 4,995,592 STREET REPAIR UTILITY 1,000,000 1,000,000 INTERNAL SERVICE FUNDS 5,952,621 5,952,621 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 ending December 31, 2021, pledging the revenue therefore for job creating capital improvement projects. The anticipated revenue from this tax rate increase for the Fiscal Year 2019 is $9,274,126 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 2019 budget, this reserve amount will be equal to 12% 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 12, 2018 BY: Ed Brown MEMBER OF CITY COUNCIL APPROVED: PRESIDENT OF CITY COUNCIL ATTESTED BY: ACTING CITY CLERK PASSED AND APPROVED: November 26, 2018