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Home My WebLink About07866ORDINANCE NO. 7866 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 2008 AND AMENDING THE BUDGET FOR THE YEAR 2008 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2008, 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 2008 is hereby amended as follows: SOURCE ORIGINAL AMENDED Taxes 57,995,933 58,692,968 Licenses & Permits 564,000 564,000 Intergovernmental 1,401,704 1,401,704 Charges for Service 3,267,175 3,439,734 Fines & Forfeits 1,683,500 1,985,417 Other Revenue 1,261,161 1,428,161 Transfers In 3,999,779 3,999,779 Fund Balance 2,003,000 2,704,134 GENERAL FUND TOTAL 72,176,252 74,215,897 SECTION 3_ The General Fund Expenditure budget by Department for the Fiscal Year 2008 is hereby amended as follows: SOURCE ORIGINAL AMENDED General Government 8,316,590 8,921,042 Police 24,249,924 24,602,483 Fire 13,702,288 13,702,288 Public Works 7,775,748 8,100,748 Parks 3,978,239 3,953,239 Non - Departmental 5,258,408 5,540,908 Transfers Out 8,895,055 9,395,189 GENERAL FUND TOTAL 72,176,252 74,215,897 SECTION 4. The revenue of Special Revenue Funds, Enterprise Funds, Debt Service Fund, and Capital Project Funds for the Fiscal Year 2008 are hereby amended as follows: OTHER FUNDS ORIGINAL AMENDED INTERGOVERNMENTAL 4,608,051 5,017,016 SPECIAL CHARGES 2,663,967 2,663,967 SPECIAL DISTRICT 417,006 417,006 OTHER SPECIAL REVENUE 160,100 205,100 HUD GRANTS 8,068,974 11,573,242 PUBLIC IMPROVEMENTS FUND 10,707,972 22,521,426 DEBT SERVICE FUND 1,711,797 1,711,797 ECONOMIC DEVELOPMENT TAX 18,963,810 19,820,502 HARP 248,661 168,774 EL PUEBLO - 57,924 ARKANSAS LEGACY 587,401 863,972 LAKE MINNEQUA 4,576,300 4,640,000 POLICE BUILDING 14,688,486 14,691,489 ELMWOOD GOLF COURSE 1,100,500 1,100,500 WALKINGSTICK GOLF COURSE 1,415,585 1,415,585 MEMORIAL AIRPORT 1,493,046 6,437,684 PUEBLO TRANSIT 4,192,583 4,559,268 PARKING FACILITIES 384,309 988,197 SEWER USER FUND 10,013,796 11,204,071 STORMWATER UTILITY 2,816,394 4,482,982 INTERNAL SERVICE FUNDS 5,276,516 5,776,516 SECTION 5. Budgeted expenditures for the Special Revenue Funds, Enterprise Funds, Debt Service Fund, and Capital Projects Funds for the Fiscal Year 2008 are hereby amended as follows: OTHER FUNDS ORIGINAL AMENDED INTERGOVERNMENTAL 4,608,051 5,017,016 SPECIAL CHARGES 2,663,967 2,663,967 SPECIAL DISTRICT 417,006 417,006 OTHER SPECIAL REVENUE 160,100 205,100 HUD GRANTS 8,068,974 11,573,242 PUBLIC IMPROVEMENT GRANTS 10,707,972 22,521,426 DEBT SERVICE FUND 1,711,797 1,711,797 ECONOMIC DEVELOPMENT TAX 18,963,810 19,820,502 HARP 248,661 168,774 EL PUEBLO - 57,924 ARKANSAS LEGACY 587,401 863,972 LAKE MINNEQUA 4,576,300 4,640,000 POLICE BUILDING 14,688,486 14,691,489 ELMWOOD GOLF COURSE 1,100,500 1,100,500 WALKINGSTICK GOLF COURSE 1,415,585 1,415,585 MEMORIAL AIRPORT 1,493,046 6,437,684 PUEBLO TRANSIT 4,192,583 4,559,268 PARKING FACILITIES 384,309 988,197 SEWER USER FUND 10,013,796 11,204,071 STORMWATER UTILITY 2,816,394 4,482,982 INTERNAL SERVICE FUNDS 5,276,516 5,776,516 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 or this Ordinance. SECTION 7. This Ordinance shall become effective upon passage. BY Vera Ortegon Councilperson APPROVE �. i i l� l F'erf runui A S ECG Iay, � CLERK INTRODUCED August 11, 2008 PASSED AND APPROVED: Auaust 25. 2008 r' R� 7&, — L J, Background Paper for Proposed ORDINANCE AGENDA ITEM # , �C DATE: DEPARTMENT: TITLE AUGUST 11, 2008 DEPARTMENT OF FINANCE ROBERT F. HAIN, DIRECTOR 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 2008 AND AMENDING THE BUDGET FOR THE YEAR 2008 ISSUE Should the City Council amend the original budget? RECOMMENDATION Adopt the Ordinance as proposed. BACKGROUND During the first six months of 2008, City Council adopted several ordinances amending the budget. In addition, budgets still exist from capital projects that began in a prior year and are not yet completed, as well as encumbrances and other obligations carried forward from prior year. Since the 2008 budget was finalized in November of 2007, the 2008original budget estimated the year -end balance of these projects. This amending ordinance will reflect the exact amount of project balance in each fund as well as other adjustments to budget estimates that are of a housekeeping nature. In years past, this type of ordinance was only presented at the end of the year, but beginning in 2004 a mid -year budget ordinance was introduced to facilitate better monitoring of the City's on -going capital construction and grant- funded projects. The 2008 mid -year budget ordinance is continuing the process that began in 2004 to increase the monitoring of the City's financial position. FINANCIAL IMPACT This action summarizes previously approved council and administrative changes to the budget. A detailed listing of items being adjusted, excluding items previously approved by council and capital projects being carried forward, is attached. MID -YEAR BUDGET ADJUSTMENT August 11, 2008 Department Amount Description Source of Funds City Council 85,000 Greenplay contract Sales lax revenue Reimbursements 60,000 Buxton contract Sales tax revenue and reimbursement from URA Weed lien revenue 97,000 Attorney fees Reimbursement from Aquila Ordinance 7742 6,000 Convention Center events Sales tax revenue 35,000 E Civis Sales tax revenue City Manager 4,000 Misc. Expense Sales tax revenue 8,000 HR director and other director expenses Sales tax revenue 3,000 Camera for PIO Sales tax revenue Municipal Court 61,917 Graffiti removal and increased court filings Court fines City Clerk 40,000 Election costs under budgeted Sales tax revenue Information Tech 80,430 Nev, police software maintenance (OSSI) Sales tax revenue 6,600 Stratus software maintenance Sales tax revenue 21,000 Add'I misc. software maintenance Sales tax revenue 6,615 IT salaries- original budget shortage $10,000 of IT salaries reimbursed from SRDA 6,390 Radio Shop salaries- original budget short Sales tax revenue Police 30,000 Add'I dumping fees vreed abatement Weed lien revenues 96,802 OT -Hwy 50 work zone safety Reimbursement from CDOT 24,000 OT- Narcotics (OCDETF) Reimbursement from FBI 51,757 OT- Democrafic Nall Convention Reimbursement from ONC 150,000 Fuel Sales lax revenue parks 40,000 Fuel Sales tax revenue PW- Transportation 240,000 Traffic cameras- three intersections Red light Ines PW- Traffic Control 20,000 Unanticipated equipment repairs Sales tax revenue PW- Streets 50,000 Fuel Sales tax revenue PW- Street Sweeping 15,000 Fuel Sales tax revenue Council contingencies 50,000 Contingencies Sales tax revenue Contingencies -Proj TBD 50,000 Contingencies Sales tax revenue TOTAL 1,338,511 REVENUE RECAP: 464,174 Sales tax revenue 697,035 Reimbursements 309,559 Court fines 301,917 Weed lien revenue 30.000 1,338,511 RECAP OF USES OF FUND BALANCE RESERVES 2008 Adopted Budget 2,003,000 Ordinance 7805 464,174 Pay oft parking garage debt Ordinance 7794 150,000 PEOCO operations Ordinance 7790 75,000 Fountain Creek study Ordinance 7784 1,000 Change in contract for H &HS with County Ordinance 7742 _ _ 10,960 Fire station generators Ending Balance: 2,704,134 OTHERITEM: Airport 25,000 Environmental remediation Airport 7,813 Crack seal costs OF 55,805 Roof repairs CIF 42,000 Fiber crews/IT CIF 10,000 Citywide aesthetic improvements Fed Foreiure 190,000 Vehicles/equipmerNinformant money Police Grants 6,000 Equipment Transportation plannitg 3,760 Grant adjustment Fleet Maintenance 500,000 Fuel and repairs Reimbursement from State State reimbursement Insurance proceeds Reimbursement from County Trees Please donation Federal Forfeiture Crime Stopper donation CDOT grant Billings to departmentsragencies