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Home My WebLink About07547As Amended November 27, 2006 ORDINANCE NO. 7547 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 2007 AND ADOPTING THE BUDGET FOR THE YEAR 2007 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2007 as proposed by the City Manager 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 2007 is hereby estimated and the General Fund Appropriation by Department for Fiscal Year 2007 is hereby made as follows: REVENUE BY SOURCE AMOUNT APPROPRIATION BY DEPARTMENT AMOUNT Taxes 54,336,314 General Government 7,923,586 Licenses & Permits 561,000 Police 23,057,961 Intergovernmental 1,262,441 Fire 13,412,636 Charges for Service 3,156,756 Public Works 7,415,700 Fines & Forfeits 1,693,000 Parks 4,068,203 Other Revenue 940,300 Non - Departmental 5,711,190 Transfers In 3,270,279 Transfers Out 7,064,442 Fund Balance 3,433,628 GENERAL FUND TOTAL 68,653,718 GENERAL FUND TOTAL 68,653,718 INTERGOVERNMENTAL 4,852,092 4,852,092 SPECIAL CHARGES 2,634,783 2,634,783 SPECIAL DISTRICT 376,828 376,828 OTHER SPECIAL REVENUE 114,600 114,600 HUD GRANTS 8,167,340 8,167,340 PUBLIC IMPROVEMENT GRANTS 9,015,343 9,015,343 DEBT SERVICE FUND 1,253,552 1,253,552 ECONOMIC DEVELOPMENT TAX 12,741,501 12,741,501 HISTORIC ARKANSAS RIVERWALK 2,548,412 2,548,412 LAKE MINNEQUA 4,650,000 4,650,000 POLICE BUILDING 12,690,533 12,690,533 ELMWOOD GOLF COURSE 1,095,500 1,095,500 WALKINGSTICK GOLF COURSE 1,415,898 1,415,898 MEMORIAL AIRPORT 3,130,601 3,130,601 PUEBLO TRANSIT 3,962,835 3,962,835 PARKING FACILITIES 374,950 374,950 SEWER USER FUND 8,274,300 8,274,300 STORMWATER UTILITY 3,001,758 3,001,758 INTERNAL SERVICE FUNDS 5,350,265 5,350,265 SECTION 4. The City of Pueblo, Colorado has enacted Ordinance No. 7464, providing for a one -half cent sales and use 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 rate increase for the Fiscal Year 2007 is $6,512,896 and the full amount thereof, plus any amount available in the fund balance, is hereby appropriated for projects to be determined by City Council by Resolution. SECTION 5. 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 6 Pursuant Sections 7 -12 and 7 -13 of the Charter of the City of Pueblo, the City Manager is hereby authorized to maintain budgetary control over approved allotments within each department by classification of expenditure category, rather than line item. SECTION 7. 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 13, 2006 BY Randy Thurston Councilperson APPROVED: President of City Council ATTESTED BY: CITY CLERK PASSED AND APPROVED: November 27, 2006 OM -W ") jr Y? Background Paper for Proposed ORDINANCE AGENDA ITEM #X ;3o DATE: NOVEMBER 13, 2006 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 2007AND ADOPTING THE BUDGET FOR THE YEAR 2007 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 2007expenditures. Provided in this ordinance is the City Manager's recommended budget. Approval of the Ordinance. FINANCIAL IMPACT This budget sets forth a plan whereby in 2007 the City will expend all anticipated general fund revenues and $3,433,628 of prior year excess revenues. This budget ordinance also provides the budget for the City's other funds.