Loading...
HomeMy WebLinkAbout07226AS AMENDED 11/22/2004 ORDINANCE NO. 7226 AN ORDINANCE MAKING APPROPRIATION FOR THE GENERAL FUND, SPECIAL REVENUE FUNDS, DEBT SERVICE FUNDS, CAPITAL PROJECTS FUND, ENTERPRISE FUNDS AND INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR 2005 AND ADOPTING THE BUDGET FOR THE YEAR 2005. BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2005 as proposed by the City Manager, with amendments thereto made by the City Council, the original of which is on file with the Director of Finance, is incorporated herein in full, and hereby approved. SFCTIC)N 9 The General Fund Revenue for Fiscal Year 2005 is hereby estimated and the General Fund Appropriation by Department for Fiscal Year 2005 is hereby made as follows: REVENUE BY SOURCE AMOUNT APPROPRIATION BY AMOUNT DEPARTMENT Taxes 56,493,431 General Government 7,420,131 Licenses & Permits 550,500 Police 21,355,032 Intergovernmental 1,178,027 Fire 12,445,188 Charges for Service 3,200,167 Public Works 7,149,539 Fines & Forfeits 1,718,250 Parks 3,995,770 Other Revenue 814,800 Non - Departmental 4,991,520 Transfers In 3,233,559 Transfers Out 11,495,714 Fund Balance 1,664,160 GENERAL FUND TOTAL 68,852,894 GENERAL FUND TOTAL 68,852,894 Revenue is hereby estimated and Appropriations hereby made for the Fiscal Year 2005 for the Other Governmental Funds as follows: OTHER FUNDS REVENUE APPROPRIATION INTERGOVERNMENTAL 4,495,000 4,495,000 SPECIAL CHARGES 2,442,575 2,442,575 SPECIAL DISTRICT 272,238 272,238 OTHER SPECIAL REVENUE 310,132 310,132 HUD GRANTS 9,754,573 9,754,573 PUBLIC IMPROVEMENT GRANTS 18,804,715 18,804,715 DEBT SERVICE FUND 2,804,192 2,804,192 ECONOMIC DEVELOPMENT TAX 19,466,149 19,466,149 HARP 92,164 92,164 EL PUEBLO 238,713 238,713 ARKANSAS LEGACY PROJECT 3,615,753 3,615,753 ELMWOOD GOLF COURSE 1,330,816 1,330,816 WALKINGSTICK GOLF COURSE 1,349,064 1,349,064 MEMORIAL AIRPORT 1,430,176 1,430,176 PUEBLO TRANSIT 3,871,043 3,871,043 PARKING FACILITIES 347,248 347,248 SEWER USER FUND 14,186,185 14,186,185 STORMWATER UTILITY 3,575,017 3,575,017 INTERNAL SERVICE FUNDS 4,381,678 4,381,678 SECTION 4. The City of Pueblo, Colorado has enacted Ordinance No. 6683, providing for a one -half cent sales tax rate increase for a five -year period, pledging the revenue therefrom forjob creating capital improvement projects within the City of Pueblo and Pueblo Memorial Airport. The anticipated revenue from this tax for the Fiscal Year 2005 is $6,138,286 and the full amount plus any amount available in the fund balance thereof is hereby appropriated for projects to be determined by City Council by Resolution. SFCTIC)N 5 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 8, 2004 M w, Robert Schilling Councilperson ! 1 !L PASSED AND APPROVED November 22, 2004 C)rc(. a, a.c � t Background Paper for Proposed ORDINANCE AGENDA ITEM #8 DATE: NOVEMBER 22, 2004 DEPARTMENT: CITY MANAGER'S OFFICE DAVID J. GALLI, INTERIM CITY MANAGER TITLE AN ORDINANCE MAKING APPROPRIATION FOR THE GENERAL FUND, SPECIAL REVENUE FUNDS, DEBT SERVICE FUNDS, CAPITAL PROJECTS FUND, ENTERPRISE FUNDS AND INTERNAL SERVICE FUNDS FOR THE FISCAL YEAR 2005 AND ADOPTING THE BUDGET FOR THE YEAR 2005 ISSUE The City charter requires that the City Council through the adoption of the budget to approve all City expenditures. The budget sets forth a plan for the 2005 expenditures. Provided in this ordinance is the City Managers recommended budget. RECOMMENDATION Approval of the ordinance. FINANCIAL IMPACT This budget sets forth a plan whereby in 2005 the City will expend all anticipated general fund revenues and $1,664,160 of prior year excess revenues. This budget ordinance also provides the budget for the City's other funds.