HomeMy WebLinkAbout07693AS AMENDED
NOVEMBER 26, 2007
ORDINANCE NO. 7693
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 2008 AND ADOPTING THE BUDGET FOR THE YEAR 2008
BE IT ORDAINED BY THE CITY OF PUEBLO that:
SECTION 1.
The budget for the fiscal year 2008 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 2008 is hereby estimated and the
General Fund Appropriation by Department for Fiscal Year 2008 is hereby made as
follows:
REVENUE BY SOURCE
AMOUNT
APPROPRIATION BY
DEPARTMENT
AMOUNT
Taxes
57,995,933
General Government
8,316,590
Licenses & Permits
564,000
Police
24,249,924
Intergovernmental
1,401,704
Fire
13,702,288
Charges for Service
3,267,175
Public Works
7,775,748
Fines & Forfeits
1,683,500
Parks
3,978,239
Other Revenue
1,261,161
Non - Departmental
5,258,408
Transfers In
3,999,779
Transfers Out
8,895,055
Fund Balance
2,003,000
GENERAL FUND TOTAL
72,176,252
GENERAL FUND TOTAL
72,176,252
AS AMENDED
NOVEMBER 26, 2007
SECTION 3.
Revenue is hereby estimated and Appropriations hereby made for the Fiscal Year
2008 for the Other Governmental Funds as follows:
OTHER FU NDS s
REVENUE
APPROPRI
INTERGOVERNMENTAL
4,608,051
4,608,051
SPECIAL CHARGES
2,663,967
2,663,967
SPECIAL DISTRICT
417,006
417,006
OTHER SPECIAL REVENUE
160,100
160,100
HUD GRANTS
8,068,974
8,068,974
PUBLIC IMPROVEMENTS FUND
10,707,972
10,707,972
DEBT SERVICE FUND
1,711,797
1,711,797
ECONOMIC DEVELOPMENT TAX
18,963,810
18,963,810
HISTORIC ARKANSAS RIVERWALK
248,661
248,661
ARKANSAS LEGACY
587,401
584,401
LAKE MINNEQUA
4,576,300
4,576,300
POLICE BUILDING
14,688,486
14,688,486
ELMWOOD GOLF COURSE
1,100,500
1,100,500
WALKINGSTICK GOLF COURSE
1,415,585
1,415,585
MEMORIAL AIRPORT
1,493,046
1,493,046
PUEBLO TRANSIT
4,192,583
4,192,583
PARKING FACILITIES
384,309
384,309
SEWER USER FUND
10,013,796
10,013,796
STORMWATER UTILITY
2,816,394
2,816,394
INTERNAL SERVICE FUNDS
5,276,516
5,276,516
AS AMENDED
NOVEMBER 26, 2007
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 2008 is $6,886,000 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 to 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 12, 2007
BY Randy Thurston
Councilperson
APPROVED: q
Pres ent o Council
ATTEST:
City erk
PASSED AND APPROVED: November 26, 2007
LD
Background Paper for Proposed
ORDINANCE
AGENDA ITEM #
DATE: NOVEMBER 12, 2007
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
2008 AND ADOPTING THE BUDGET FOR THE YEAR 2008
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 2008 expenditures. Provided in
this ordinance is the City Manager's recommended budget.
RECOMMENDATION
Approval of the Ordinance.
FINANCIAL IMPACT
This budget sets forth a plan whereby in 2008 the City will expend all anticipated general
fund revenues for current operations. In addition, this budget ordinance provides the budget
for all of the other funds of the City. The substituted copy of November 26, 2007, includes
an increase of $209,000 to restore funding cuts made to the City/County Health Department.
The offsetting decrease has been taken from projects in the capital improvements fund.