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Home My WebLink About09817 ORDINANCE NO. 9817 AN ORDINANCE MAKING APPROPRIATION FOR THE GENERAL FUND, SPECIAL REVENUE FUNDS, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, DEBT SERVICE FUNDS, AND CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR 2021 AND ADOPTING THE BUDGET FOR THE YEAR BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2021, as proposed by the Mayor 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 2021 is hereby estimated, and the General Fund Appropriation by Department for Fiscal Year 2021 is hereby made as follows: REVENUE BY SOURCE AMOUNT APPROPRIATION BY AMOUNT DEPARTMENT Taxes 73,914,339 General Government 13,931,797 Licenses & Permits 914,000 Police 30,493,969 Intergovernmental 3,012,020 Fire 19,827,196 Charges for Service 4,465,120 Public Works 7,601,214 Fines & Forfeits 1,762,100 Parks 6,731,938 Other Revenue 567,000 Non-Departmental 6,845,469 Transfers In 3,817,969 Transfers Out 10,152,323 Fund Balance Reserves 7,131,358 General Fund Total 95,583,906 General Fund Total 95,583,906 SECTION 3. Revenue is hereby estimated, and appropriations hereby made for the Fiscal Year 2021 for all other Funds of the City of Pueblo as follows: OTHER FUNDS REVENUE APPROPRIATION INTERGOVERNMENTAL 6,066,130 6,066,130 SPECIAL CHARGES 3,516,850 3,516,850 SPECIAL DISTRICT 671,730 671,730 OTHER SPECIAL REVENUE 393,572 393,572 HUD GRANTS 2,500,000 2,500,000 STIMULUS GRANTS 49,715 49,715 PUBLIC IMPROVEMENTS 1,511,900 1,511,900 DEBT SERVICE FUND 4,251,788 4,251,788 ECONOMIC DEVELOPMENT TAX 11,296,000 11,296,000 POLICE SAFETY TAX 3,375,000 3,375,000 ELMWOOD GOLF COURSE 1,336,000 1,336,000 WALKINGSTICK GOLF COURSE 1,257,000 1,257,000 HONOR FARM PROPERTIES 79,878 79,878 MEMORIAL HALL 1,174,033 1,174,033 MEMORIAL AIRPORT 2,064,170 2,064,170 PUEBLO TRANSIT 6,035,577 6,035,577 PARKING FACILITIES 955,871 955,871 WASTEWATER ENTERPRISE 27,621,693 27,621,693 STORMWATER UTILITY 7,151,640 7,151,640 STREET REPAIR UTILITY 3,078,000 3,078,000 INTERNAL SERVICE FUNDS 19,601,096 19,601,096 SECTION 4. On November 3, 2015, the electors of the City of Pueblo, Colorado enacted Ordinance No. 8902, providing for a one-half cent sale and use tax rate increase for a five-year period ending on December 31, 2021 and pledging the revenue therefrom for job creating capital improvement projects. The anticipated revenue from this tax rate increase and the investment income thereon, for the Fiscal Year 2021 is $11,296,000 and the full amount thereof, plus any amount available in the fund balance, is hereby appropriated for projects to be determined by the Mayor and City Council. 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 2021 budget, this reserve amount will be equal to 10% of the annual General Fund expenditures and transfers out. SECTION 6. Authorized staff positions within all departments of the City, was 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 Section 7-12 and 7-13 of the Charter of the City of Pueblo, the Mayor 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. SECTION 10. This Ordinance shall become effective on the date of final action by the Mayor and City Council. Action by City Council: Introduced and initial adoption of Ordinance by City Council on November 9, 2020. Final adoption of Ordinance by City Council on November 23, 2020 . President of City Council Action by the Mayor: ☒ Approved on November 25, 2020 . ☐ Disapproved on based on the following objections: Mayor Action by City Council After Disapproval by the Mayor: ☐ Council did not act to override the Mayor's veto. ☐ Ordinance re-adopted on a vote of , on ☐ Council action on __________________failed to override the Mayor’s veto. President of City Council ATTEST City Clerk City Clerk’s Office Item # R-4 Background Paper for Proposed Ordinance COUNCIL MEETING DATE: November 9, 2020 TO: President Dennis E. Flores and Members of City Council VIA: Brenda Armijo, City Clerk FROM: Nicholas A. Gradisar, Mayor SUBJECT: AN ORDINANCE MAKING APPROPRIATION FOR THE GENERAL FUND, SPECIAL REVENUE FUNDS, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, DEBT SERVICE FUNDS, AND CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR 2021 AND ADOPTING THE BUDGET FOR THE YEAR 2021 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 2021 expenditures. Provided in this Ordinance is the Mayor’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, 2020, set forth a plan whereby the City will expend all anticipated general fund revenues, including additional funds from reserves, for the operations of the City for the year 2021. The Council designated minimum reserve will be equal to 10% of the annual General Fund expenditures and transfers out for the fiscal year 2021. The budget document includes total spending from the General Fund in the amount of $95,583,906, requiring $7,131,358 from reserves in order to provide safe and reliable services for the benefit of the citizens of the City of Pueblo. 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 13, 2020. 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 26, 2020. ALTERNATIVES: Not applicable. RECOMMENDATION: Approval of the Ordinance. Attachments: Proposed Ordinance