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HomeMy WebLinkAbout10170As Amended May 9, 2022 ORDINANCE NO. 10170 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 2021 AND AMENDING THE BUDGET FOR THE YEAR 2021 BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The budget for the fiscal year 2021, 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 2021 is hereby amended as follows: FINAL SOURCE ORIGINAL AMENDED Taxes 73,914,339 73,914,339 Licenses & Permits 914,000 914,000 Intergovernmental 3,012,020 3,012,020 Charges for Service 4,465,120 4,465,120 Fines & Forfeits 1,762,100 1,762,100 Other Revenue 567,000 567,000 Transfers In 3,817,969 3,817,969 Fund Balance 7,131,358 9,818,068 General Fund Total 95,583,906 98,270,616 SECTION 3. The General Fund Appropriation by Department for the Fiscal Year 2021is hereby amended as follows: FINAL SOURCE ORIGINAL AMENDED General Government 13,931,797 13,933,837 Police 30,493,969 30,423,969 Fire 19,827,196 19,827,196 Public Works 7,601,214 7,601,214 Parks 6,731,938 6,737,938 Non-Departmental 6,845,469 6,812,429 Transfers Out 10,152,323 12,934,033 General Fund Total 95,583,906 98,270,616 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 6,066,130 14,421,709 SPECIAL CHARGES 3,516,850 4,292,390 SPECIAL DISTRICT 671,730 708,602 OTHER SPECIAL REVENUE 393,572 393,572 HUD GRANTS 2,500,000 9,816,163 STIMULUS GRANTS 49,715 49,715 PUBLIC IMPROVEMENTS 1,511,900 47,418,120 DEBT SERVICE FUND 4,251,788 4,254,588 ECONOMIC DEVELOPMENT TAX 11,296,000 33,628,436 POLICE SAFETY TAX 3,375,000 4,457,927 ELMWOOD GOLF COURSE 1,336,000 1,414,000 WALKINGSTICK GOLF COURSE 1,257,000 1,507,808 HONOR FARM PROPERTIES 79,878 79,878 MEMORIAL HALL 1,174,033 1,178,651 MEMORIAL AIRPORT 2,064,170 6,264,825 PUEBLO TRANSIT 6,035,577 12,409,443 PARKING FACILITIES 955,871 1,074,444 WASTEWATER ENTERPRISE 27,621,693 50,639,620 STORMWATER UTILITY 7,151,640 18,084,579 STREET REPAIR UTILITY 3,078,000 3,268,818 INTERNAL SERVICE FUNDS 19,601,096 19,601,096 SECTION 5. The officers and the staff of the City are authorized to perform any and all acts consistent with this of this Ordinance to implement the transactions 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 April 25, 2022 . Final adoption of Ordinance by City Council on May 9, 2022 . President of City Council Action by the Mayor: ☒ Approved on May 11, 2022 . □ 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-3 Background Paper for Proposed Ordinance COUNCIL MEETING DATE: April 25, 2022 TO: President Heather Graham 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 2021 AND AMENDING THE BUDGET FOR THE YEAR 2021 SUMMARY: Attached is an Ordinance amending the original 2021 budget Ordinance to incorporate changes made throughout the year. PREVIOUS COUNCIL ACTION: Ordinance 9817, passed and approved by the City Council on November 25, 2020, adopting the Budget for the fiscal year 2021. BACKGROUND: In November of 2020, the City Council adopted the annual budget for the year 2021. 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 2021. For the General Fund, the sum of the budget amendment for the year 2021 is $2,686,710. The preliminary unaudited Financial Statements for 2021 show the General Fund balance ending at a strong point, with a fund balance that is greater than was original projected in the 2021 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. Attachment: Proposed Ordinance