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Home My WebLink About10050 Substituted Copy November 22, 2021 ORDINANCE NO. 10050 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 2022 AND ADOPTING THE BUDGET FOR THE YEAR BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2022, 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 2022 is hereby estimated, and the General Fund Appropriation by Department for Fiscal Year 2022 is hereby made as follows: APPROPRIATION BY REVENUE BY SOURCE AMOUNT AMOUNT DEPARTMENT Taxes 96,538,254 General Government 15,643,124 Licenses & Permits 907,500 Police 32,469,619 Intergovernmental 3,412,020 Fire 21,066,881 Charges for Service 4,485,489 Public Works 9,056,904 Fines & Forfeits 1,749,300 Parks 7,200,804 Other Revenue 557,000 Non-Departmental 7,985,237 Transfers In 3,893,606 Transfers Out 18,124,828 Fund Balance Reserves 4,228 General Fund Total 111,547,397 General Fund Total 111,547,397 SECTION 3. Revenue is hereby estimated, and appropriations hereby made for the Fiscal Year 2022 for all other Funds of the City of Pueblo as follows: OTHER FUNDS REVENUE APPROPRIATION INTERGOVERNMENTAL 5,589,361 5,589,361 SPECIAL CHARGES 4,883,601 4,883,601 SPECIAL DISTRICT 674,063 674,063 OTHER SPECIAL REVENUE 399,878 399,878 HUD GRANTS 3,455,000 3,455,000 STIMULUS GRANTS 29,200 29,200 PUBLIC IMPROVEMENTS 10,111,245 10,111,245 DEBT SERVICE FUND 3,845,301 3,845,301 ECONOMIC DEVELOPMENT TAX 15,046,345 15,046,345 POLICE SAFETY TAX 6,096,048 6,096,048 ELMWOOD GOLF COURSE 1,539,485 1,539,485 WALKINGSTICK GOLF COURSE 1,418,650 1,418,650 HONOR FARM PROPERTIES 116,898 116,898 MEMORIAL HALL 1,319,304 1,319,304 MEMORIAL AIRPORT 2,146,021 2,146,021 PUEBLO TRANSIT 6,202,678 6,202,678 PARKING FACILITIES 748,972 748,972 WASTEWATER ENTERPRISE 28,990,211 28,990,211 STORMWATER UTILITY 5,751,452 5,751,452 STREET REPAIR UTILITY 928,000 928,000 INTERNAL SERVICE FUNDS 19,601,096 19,601,096 SECTION 4. On November 3, 2020, the electors of the City of Pueblo, Colorado enacted Ordinance No. 9764, providing for a one-half cent sale and use tax rate increase for a five-year period ending on December 31, 2026, 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 2022 is $15,046,345 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 2022 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 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 8, 2021. Final adoption of Ordinance by City Council on November 22, 2021 . President of City Council Action by the Mayor: ☒ Approved on November 24, 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 Substituted Copy November 22, 2021 City Clerk’s Office Item # S-4 Background Paper for Proposed Ordinance COUNCIL MEETING DATE: November 8, 2021 TO: President Lawrence W. Atencio and Members of City Council VIA: Marisa Stoller, 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 2022 AND ADOPTING THE BUDGET FOR THE YEAR 2022 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 2022 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 12, 2021, set forth a plan whereby the City will expend all anticipated general fund revenues with no use of additional funds from reserves. Based on Council recommendations changes were made, and the budget now includes the use of additional funds from reserves, for the operations of the City for the year 2022. The Council designated minimum reserve will be equal to 12% of the annual General Fund expenditures and transfers out for the fiscal year 2022. The budget document includes total spending from the General Fund in the amount of $111,547,397, requiring $4,228 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 11, 2021. 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 25, 2021. ALTERNATIVES: Not applicable. RECOMMENDATION: Approval of the Ordinance. Attachments: Proposed Ordinance