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HomeMy WebLinkAbout08005ORDINANCE NO. 8005 AN ORDINANCE AMENDING APPROPRIATIONS TO THE GENERAL FUND, SPECIAL REVENUE FUNDS, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, DEBT SERVICE FUNDS, AND CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR 2009 AND AMENDING THE BUDGET FOR THE YEAR 2009 BE IT ORDAINED BY THE CITY OF PUEBLO that: SECTION 1. The budget for the fiscal year 2009, 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. cFCTTnN The General Fund Revenue for Fiscal Year 2009 is hereby amended as follows: SOURCE ORIGINAL AMENDED Taxes 63,073,248 58,173,248 Licenses & Permits 537,500 537,500 Intergovernmental 1,384,147 1,384,147 Charges for Service 3,142,641 3,142,641 Fines & Forfeits 2,794,500 2,794,500 Other Revenue 1,178,309 1,178,309 Transfers In 4,191,243 4,841,243 Fund Balance 1,488,870 1,488,870 GENERAL FUND TOTAL 77,790,458 73,540,458 SECTION 3. The General Fund Expenditure budget by Department for the Fiscal Year 2008 is hereby amended as follows: SOURCE ORIGINAL AMENDED General Government 9,341,971 9,072,935 Police 25,095,490 24,496,830 Fire 14,411,128 14,331,219 Public Works 9,193,786 8,606,709 Parks 4,333,449 4,182,970 Non - Departmental 4,835,136 4,835,136 Transfers Out 10,579,498 8,014,659 GENERAL FUND TOTAL 77,790,458 73,540,458 The estimated Revenues as well as the budgeted Expenditures of the Special Revenue Funds, Enterprise Funds, Debt Service Fund, and Capital Project Funds for the Fiscal Year 2009, are hereby amended as follows: OTHER FUNDS ORIGINAL AMENDED INTERGOVERNMENTAL 4,653,866 4,653,866 SPECIAL CHARGES 2,943,608 2,943,608 SPECIAL DISTRICT 527,223 527,223 OTHER SPECIAL REVENUE 157,100 157,100 HUD GRANTS 9,499,252 9,499,252 PUBLIC IMPROVEMENTS FUND 10,272,143 8,472,143 DEBT SERVICE FUND 3,343,970 3,343,970 ECONOMIC DEVELOPMENT TAX 27,559,436 27,559,436 HISTORIC ARKANSAS RIVERWALK 155,194 155,194 ARKANSAS LEGACY 488,663 488,663 LAKE MINNEQUA 4,524,130 4,524,130 POLICE BUILDING 31,268,849 31,268,849 ELMWOOD GOLF COURSE 1,178,500 1,178,500 WALKINGSTICK GOLF COUTSE 997,026 997,026 MEMORIAL AIRPORT 3,594,933 3,566,795 PUEBLO TRANSIT 5,517,813 5,344,411 PARKING FACILITIES 862,112 862,112 SEWER USER FUND 12,563,482 12,563,482 STORMWATER UTILITY 2,737,286 2,737,286 INTERNAL SERVICE FUNDS 5,938,231 5,938,231 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 or this Ordinance. SECTION 6. This Ordinance shall become effective upon passage. A77TSTDD SY: CITY CLERK INTRODUCED: April 27, 2009 BY: Judy Weaver Councilperson APPR D' 40 �- PRESIDENTof City Council PASSED AND APPROVED: May 11, 2009 �fl Background Paper for Proposed ORDINANCE AGENDA ITEM # 20 DATE: April 27, 2009 DEPARTMENT: OFFICE OF THE CITY MANAGER JERRY M. PACHECO, INTERIM CITY MANAGER LARA K. BARRETT. INTERIM DEPUTY CITY MANAGER TITLE AN ORDINANCE AMENDING APPROPRIATIONS TO THE GENERAL FUND, SPECIAL REVENUE FUNDS, ENTERPRISE FUNDS, INTERNAL SERVICE FUNDS, DEBT SERVICE FUNDS, AND CAPITAL PROJECT FUNDS FOR THE FISCAL YEAR 2009 AND AMENDING THE BUDGET FOR THE YEAR 2009 ISSUE Should the City Council amend the 2009 budget? RECOMMENDATION Adopt the Ordinance as proposed. BACKGROUND During the final few months of 2008 and through the first three months of 2009 the City of Pueblo has experienced unanticipated declines in sales and use tax revenues. These declines were the result of a significant downturn in the local, as well as national, economy. Due to the change in economic conditions since the 2009 budget was originally prepared and adopted, it is anticipated that general tax revenues will be approximately $4,900,000 less than anticipated. This amending ordinance will reflect the new projected revenues, as well as corresponding spending reductions, to amounts expected to be actually received. FINANCIAL IMPACT The total 2009 budgeted expenditures for the City will be reduced by $4,250,000. Projects funded in prior years with budget remaining in the amount of $650,000 will be closed out and funds returned to the General Fund. CITY OF PUEBLO SCHEDULE OF REDUCTIONS IN GENERAL FUND April 27, 2009 Desert 2009 Adopted 2009 Revised Budaet Amendment Budaet REVENUE: Taxes Transfers In Close Mitchell Bathhouse project Close Purchase of 305 S Mechanic TOTAL CHANGE IN REVENUE EXPENDITURE: General Government City Manager- Operations City Manager- Vacancies Municipal Court City Clerk Human Resources City Hall /Memorial Hall Finance Civil Service Information Technology Planning Purchasing Police Department Operations Vacancies Fire Department Operations Vacancies Public Works Operations Vacancies Parks & Recreation Operations Vacancies Non - Departmental Transfers Out Airport subsidy Transit subsidy City Building Repairs Citywide Aesthetic Improvements Fire Equipment- Generators Fire Equipment - Physical Ability Equip Fire Equipment - Thermal Imaging Cameras Grant Matches -Other Ice Arena Zamboni Room Irrigation Backflow Prevention Northern Avenue Trail Peaks to Prairie Match Police Equipment- License Plate Readers Police Equipment - Thermal Imager Technology Upgrades Vehicles & Equip -Other Vehicles & Equip -Parks Vehicles & Equip - Public Works Water Rights -Legal Fees 63,073,248 (4,900,000) 58,173,248 4,191,243 500,000 150,000 4,841,243 (4,250,000) 9,341,971 (3,925) (200,000) (5,141) (4,693) (3,013) (5,415) (6,038) (3,081) (28,224) (8,189) (1,317) 9,072,935 25,095,490 GRAND TOTAL GENERAL FUND 77,790,458 (4,250,000) 73,540,458 (85,629) (513,031) 24,496,830 14,411,128 (39,909) (40,000) 14,331,219 9,193,786 (137,077) (450,000) 8,606,709 4,333,449 (49,979) (100,500) 4,182,970 4,835,136 4,835,136 10,579,498 (28,138) (86,701) (250,000) (300,000) (52,000) (12,000) (26,000) (200,000) (300,000) (100,000) (200,000) (100,000) (25,000) (25,000) (100,000) (60,000) (350,000) (250,000) (100,000) 8,014,659 GRAND TOTAL GENERAL FUND 77,790,458 (4,250,000) 73,540,458