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7915-08 ORDINANCE NO. 7915-08 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE OPERATING BUDGET FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2008 TO REFLECT INCREASES AND DECREASES IN REVENUES AND EXPENDITURES FOR THE GENERAL FUND, SPECIAL DEVELOPMENT FUND, SPECIAL PROGRAM FUND, STORMWATER UTILITY FUND, RECYCLING FUND, GAS FUND, MARINE FUND, AIRPARK FUND, PARKING FUND, AND CENTRAL INSURANCE FUND, AS PROVIDED HEREIN; PROVIDING AN EFFECTIVE DATE. WHEREAS, the budget for the fiscal year ending September 30, 2008, for operating purposes, including debt service, was adopted by Ordinance No. 7866-07; and WHEREAS, at the First Quarter Review it was found that increases and decreases are necessary in the total amount of $6,837,832 for revenues and $6,633,192 for expenditures; and WHEREAS, a summary of the amended revenues and expenditures is attached hereto and marked Exhibit A; and WHEREAS, Section 2.519 of the Clearwater Code authorizes the City Council to provide for the expenditure of money for proper purposes not contained in the budget as originally adopted due to unforeseen circumstances or emergencies arising during the fiscal year; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. Section 1 of Ordinance No. 7866-07 is amended to read: Pursuant to the Amended City Manager's Annual Report and Estimate for the fiscal year beginning October 1, 2007 and ending September 30, 2008 a copy of which is on file with the City Clerk, the City Council hereby adopts an amended budget for the operation of the City, a copy of which is attached hereto as Exhibit A. Section 2. This ordinance shall take effect immediately upon adoption. PASSED ON FIRST READING March 20, 2008 PASSED ON SECOND AND FINAL READING AND ADOPTED Ordinance No. 7915-08 A Pamela K. Akin, City Attorney EXHIBIT A 2007-08 BUDGET REVENUE First Quarter Original Amended Budget Budget 2007/08 2007/08 Amendments General Fund: Property Taxes 47,273,940 47,273,940 Franchise Fees 9,833,640 9,833,640 Utility Taxes 11,928,390 11,928,390 Licenses, Permits & Fees 4,492,580 4,492,580 Sales Tax 6,564,320 6,197,530 (366,790) Communications Services Tax 7,045,750 7,045,750 Intergovernmental Revenues 11,809,270 12,472,210 662,940 Charges for Current Services 3,763,800 3,799,950 36, 150 Fines & Forfeitures 955,000 955,000 Interest Income 1,263,950 1,263,950 Miscellaneous 1,053,710 1,503,710 450,000 Interfund Charges / Transfers In 17,193,280 17,220,388 27,108 Transfer from Surplus 623,485 623,485 Total, General Fund 123,177,630 124,610,522 1,432,892 Special Revenue Funds: Special Development Fund 18,166,980 18,166,980 Special Program Fund 2,132,910 4,062,152 1,929,242 Local Housing Asst Trust Fund 1,195,250 1,195,250 Utility & Other Enterprise Funds: Water & Sewer Fund 59,930,170 59,930,170 Stormwater Utility Fund 14,436,690 14,499,680 62,990 Solid Waste Fund 18,153,900 18,153,900 Gas Fund 50,656,650 53,123,570 2,466,920 Recycling Fund 2,834,930 3,044,260 209,330 Marine (and Aviation) Fund 4,823,730 4,702,910 (120,820) Airpark Fund 0 233,000 233,000 Parking Fund 4,102,130 4,342,130 240,000 Harborview Center Fund 704,360 704,360 Internal Service Funds: Administrative Services Fund 10,200,730 10,200,730 General Services Fund 5,236,710 5,236,710 Garage Fund 13,293,770 13,293,770 Central Insurance Fund 21,306,060 21,690,338 384,278 Total, All Funds 350,352,600 357,190,432 6,837,832 Ordinance #7915-08 EXHIBIT A (Continued) 2007-08 BUDGET EXPENDITURES First Quarter Original Amended Budget Budget 2007/08 2007/08 Amendments 295,920 295,920 1,268,700 1,268,700 1,676,820 1,676,820 162,870 172,870 10,000 4,295,940 4,395,940 100,000 1,436,710 1,436,710 7,028,070 7,028,070 338,200 338,200 2,265,190 2,255,190 (10,000) 21,423,410 21,423,410 1,231,480 1 ,231 ,480 6,433,700 6,433,700 1,221,490 1,221,490 6,394,690 7,691,432 1,296,742 305,160 305,160 1,255,700 1,255,700 21,888,050 22,023,510 135,460 1,414,750 1,414,750 36,970,730 36,970,730 1,098,590 1,098,590 3,684,770 3,585,460 (99,310) 1,086,690 1,086,690 123,177,630 124,610,522 1,432,892 General Fund: City Council City Manager's Office City Attorney's Office City Audit Development & Neighborhood Svcs Economic Development & Housing Svc Engineering Equity Services Finance Fire Human Resources Library Marine & Aviation Non-Departmental Office of Management & Budget Official Records & Legislative Svcs Parks & Recreation Planning Police Public Communications Public Services Allocation to Reserve Total, General Fund Special Revenue Funds: Special Development Fund Special Program Fund Local Housing Asst Trust Fund 15,933,750 16,564,500 1,832,910 3,762,152 1,195,250 1,195,250 59,930,170 59,930,170 14,436,690 14,499,680 18,068,320 18,068,320 45,896,470 47,777,980 2,834,930 3,017,740 4,774,180 4,522,040 0 232,540 3,804,260 3,952,580 704,360 704,360 10,197,640 10,197,640 5,235,590 5,235,590 13,293,770 13,293,770 19,986,040 20,370,318 341,301,960 347,935,152 Utility & Other Enterprise Funds: Water & Sewer Fund Stormwater Utility Fund Solid Waste Fund Gas Fund Recycling Fund Marine (and Aviation) Fund Airpark Fund Parking Fund Harborview Center Fund Internal Service Funds: Administrative Services Fund General Services Fund Garage Fund Central Insurance Fund Total, All Funds 630,750 1,929,242 62,990 1,881,510 182,810 (252,140) 232,540 148,320 384,278 6,633,192 Ordinance #7915-08