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HomeMy WebLinkAbout07409AS AMENDED NOVEMBER 28. 2005 ORDINANCE NO. 7409 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 2006 AND ADOPTING THE BUDGET FOR THE YEAR 2006. BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2006 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. SECTION 2. The General Fund Revenue for Fiscal Year 2006 is hereby estimated and the General Fund Appropriation by Department for Fiscal Year 2006 is hereby made as follows: REVENUE BY SOURCE AMOUNT APPROPRIATION BY DEPARTMENT AMOUNT Taxes 53,447,969 General Government 7,909,324 Licenses & Permits 532,500 Police 22,105,403 Intergovernmental 1,332,627 Fire 13,052,273 Charges for Service 3,064,089 Public Works 7,531,395 Fines & Forfeits 1,862,500 Parks 4,065,742 Other Revenue 668,500 Non - Departmental 5,008,764 Transfers In 2,941,397 Transfers Out 6,167,810 Fund Balance 1.991.129 GENERAL FUND TOTAL 65,840,711 GENERAL FUND TOTAL 65,840,711 SECTION 3. Revenue is hereby estimated and Appropriations hereby made for the Fiscal Year 2006 for the Other Governmental Funds as follows: OTHER FUNDS REVENUE APPROPRIATION INTERGOVERNMENTAL 4,480,000 4,480,000 SPECIAL CHARGES 2,370,995 2,370,995 SPECIAL DISTRICT 234,021 234,021 OTHER SPECIAL REVENUE 362,050 362,050 HUD GRANTS 8,393,314 8,393,314 PUBLIC IMPROVEMENT GRANTS 7,806,313 7,806,313 DEBT SERVICE FUND 2,818,769 2,818,769 ECONOMIC DEVELOPMENT TAX 41,306,572 41,306,572 EL PUEBLO 58,475 58,475 ARKANSAS LEGACY PROJECT 1,035,769 1,035,769 POLICE BUILDING 13,000,000 13,000,000 ELMWOOD GOLF COURSE 1,315,225 1,315,225 WALKINGSTICK GOLF COURSE 1,321,440 1,321,440 MEMORIAL AIRPORT 1,645,790 1,645,790 PUEBLO TRANSIT 3,854,840 3,854,840 PARKING FACILITIES 385,615 385,615 SEWER USER FUND 7,592,972 7,592,972 STORMWATER UTILITY 2,874,211 2,874,211 INTERNAL SERVICE FUNDS 5,408,171 5,408,171 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 for job creating capital improvement projects within the City of Pueblo and Pueblo Memorial Airport. The anticipated revenue from this tax for the Fiscal Year 2006 is $6,570,180 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. SECTION 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 14, 2005 BY Michael Occhiato Councilperson APPROVED: PRES1DENT 9F CITY C IL ATTESTED BY: CITY CLERK PASSED AND APPROVED November 28, 2005 0� --� -?v & Background Paper for Proposed ORDINANCE AGENDA ITEM w 3 i 11 -05 DATE: NOVEMBER 14, 2005 DEPARTMENT: OFFICE OF THE CITY MANAGER DAVID J. GALLI, CITY MANAGER DOUGLAS M. FITZGERALD, ASSISTANT 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 2006 AND ADOPTING THE BUDGET FOR THE YEAR 2006 ISSUE The City charter requires that the City Council, through the adoption of the budget, approve all City expenditures. The budget sets forth a plan for the 2006 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 2006 the City will expend all anticipated general fund revenues and $1,976,129 of prior year excess revenues. This budget ordinance also provides the budget for the City's other funds.