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HomeMy WebLinkAbout09933ORDINANCE NO. 9933 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 2020 AND AMENDING THE BUDGET FOR THE YEAR 2020 BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The budget for the fiscal year 2020, 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 2020 is hereby amended as follows: FINAL SOURCE ORIGINAL AMENDED Taxes 76,551,906 76,551,906 Licenses & Permits 926,900 926,900 Intergovernmental 3,353,821 3,353,821 Charges for Service 4,565,900 4,565,900 Fines & Forfeits 2,290,500 2,290,500 Other Revenue 554,000 554,000 Transfers In 3,811,469 3,811,469 Fund Balance 5,911,893 10,141,893 General Fund Total 97,966,389 102,196,389 SECTION 3. The General Fund Appropriation by Department for the Fiscal Year 2020 is hereby amended as follows: FINAL SOURCE ORIGINAL AMENDED General Government 13,966,590 14,057,182 Police 31,673,058 31,673,058 Fire 19,796,874 19,796,874 Public Works 7,923,067 7,923,067 Parks 6,564,183 6,564,183 Non-Departmental 7,065,075 7,104,483 Transfers Out 10,977,542 15,077,542 General Fund Total 97,966,389 102,196,389 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 2020 are hereby amended as follows: FINAL OTHER FUNDS ORIGINAL AMENDED INTERGOVERNMENTAL 8,166,895 12,633,786 SPECIAL CHARGES 3,610,000 3,636,830 SPECIAL DISTRICT 735,108 735,108 OTHER SPECIAL REVENUE 391,829 391,829 HUD GRANTS 2,440,000 6,090,916 STIMULUS GRANTS 49,715 49,715 PUBLIC IMPROVEMENTS 2,248,400 33,726,725 DEBT SERVICE FUND 4,262,043 4,262,043 ECONOMIC DEVELOPMENT TAX 11,310,240 56,588,858 POLICE SAFETY TAX 5,497,628 6,575,173 ELMWOOD GOLF COURSE 1,334,000 1,439,129 WALKINGSTICK GOLF COURSE 1,282,900 1,479,773 HONOR FARM PROPERTIES 79,878 79,878 MEMORIAL HALL 1,286,320 1,286,320 MEMORIAL AIRPORT 2,090,747 9,877,060 PUEBLO TRANSIT 5,861,131 7,042,165 PARKING FACILITIES 912,531 1,036,310 WASTEWATER ENTERPRISE 26,117,610 50,528,596 STORMWATER UTILITY 5,618,180 15,808,558 STREET REPAIR UTILITY 2,968,033 3,516,618 INTERNAL SERVICE FUNDS 6,882,706 17,033,919 SECTION 5. The officers and the staff of the City are authorized to perform any and all acts consistent with the intent of this Ordinance to implement 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. SECTION 7. 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 May 10, 2021 . Final adoption of Ordinance by City Council on May 24, 2021 . President of City Council Action by the Mayor: ☒ Approved on May 26, 2021 . □ 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-1 Background Paper for Proposed Ordinance COUNCIL MEETING DATE: May 10, 2021 TO: President Lawrence W. Atencio and Members of City Council CC: Mayor Nicholas A. Gradisar VIA: Marisa Stoller, City Clerk FROM: Laura Solano, Chief of Staff 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 2020 AND AMENDING THE BUDGET FOR THE YEAR 2020 SUMMARY: Attached is an Ordinance amending the original 2020 budget Ordinance to incorporate changes made throughout the year. PREVIOUS COUNCIL ACTION: Ordinance 9598, passed and approved by the City Council on November 25, 2019, adopting the Budget for the fiscal year 2020. BACKGROUND: In November of 2019, the City Council adopted the annual budget for the year 2020. 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 2020. For the General Fund, the sum of the budget amendment for the year 2020 is $4,230,000. The preliminary unaudited Financial Statements for 2020 show the General Fund balance ending at a strong point, with a fund balance that is greater than was original projected in the 2020 Adopted Budget. 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 to this Ordinance. STAKEHOLDER PROCESS: Not applicable to this Ordinance. ALTERNATIVES: Not applicable to this Ordinance. RECOMMENDATION: Approval of the Ordinance. Attachments: Proposed Ordinance