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7916-08 ORDINANCE NO. 7916-08 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2008, TO REFLECT A NET INCREASE OF $9,438,088 PROVIDING AN EFFECTIVE DATE. WHEREAS, the Capital Improvement Budget for the fiscal year ending September 30, 2008 was adopted by Ordinance No. 7867-07; 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. 7867-07 is amended to read: Pursuant to the First Quarter Amended Capital Improvement Program Report and Estimated Budget 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 a First Quarter Amended budget for the capital improvement fund for the City of Clearwater, a copy of which is attached hereto as Exhibit A. Section 2. This ordinance shall take effect immediately upon adoption. PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED March 20, 2008 April 3, 2008 ~~ ~nk Hibbard ' Mayor Approved as to form: Attest: Ordinance #7916-08 amela K. Akin City Attorney EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2007/08 Original Budget 2007/08 First Qtr Amended Budget 2007/08 Amendments Police Protection 250,000 (555,302) Fire Protection 451,000 458,000 Major Street Maintenance 3,775,720 3,730,165 Sidewalks and Bike Trail 161,015 Intersections 435,000 385,824 Parking 300,000 267,230 Miscellaneous Engineering 35,000 73,250 Land Acquisition (759) Park Development 10,155,410 11,024,722 Marine Facilities 160,000 11,310,000 Airpark Facilities 10,000 10,000 Libraries 706,290 706,290 Garage 2,840,500 2,840,500 Maintenance of Buildings 998,000 998,000 Miscellaneous 909,000 909,000 Stormwater Utility 5,511,300 6,554,854 Gas System 6,168,830 2,003,705 Solid Waste 160,000 160,000 Utilities Miscellaneous 44,000 44,000 Sewer System 12,347,280 12,871,722 Water System 10,971,460 11,714,662 Recycling 140,000 140,000 TOTAL 56,368,790 65,806,878 (805,302) 7,000 (45,555) 161,015 (49,176) (32,770) 38,250 (759) 869,312 11,150,000 1,043,554 (4,165,125) 524,442 743,202 9,438,088 Ordinance # 7916-08 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2007/08 Original Budget 2007/08 First Qtr Amended Budget 2007/08 Amendments GENERAL SOURCES: General Operating Revenue 2,072,330 3,131,859 1,059,529 General Revenue/County Co-op 706,290 706,290 Road Millage 2,820,720 2,820,720 Penny for Pine lias 3,350,000 3,950,000 600,000 Transportation Impact Fee 290,000 320,750 30,750 Development Impact Fee Local Option Gas Tax 1,100,000 1,100,000 Recreation Land Impact Fee 750,000 750,000 Open Space Impact Fee 750,000 750,000 Special Program Fund 30,000 30,000 Grants - Other Agencies 4,700,000 4,672,115 (27,885) Sales of Surplus Revenue 1,087 1,087 Donation Revenue (67,775) (67,775) Other Governmental Units 1,399,824 1,399,824 SELF SUPPORTING FUNDS: Marine/Aviation Revenue 50,000 50,000 Parking Revenue 303,000 303,000 Harborview Revenue 118,910 118,910 Utility System: Water Revenue 1,978,500 1,978,500 Sewer Revenue 15,800 15,800 Water Impact Fees 250,000 250,000 Sewer Impact Fees 1,044,600 1,044,600 Utility R&R 2,706,060 2,706,060 Stormwater Utility Revenue 2,609,570 2,672,560 62,990 Gas Revenue 5,945,000 1,780,000 (4,165,000) Grants - Other Agencies 980,564 980,564 INTERNAL SERVICE FUNDS: Garage Revenue 179,000 179,000 Administrative Services Revenue 500,000 500,000 Ordinance # 7916-08 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2007/08 Original Budget 2007/08 First Qtr Amended Budget 2007/08 Amendments BORROWING. GENERAL SOURCES: Lease Purchase. General Fund Lease Purchase. Special Events Revenue BORROWING. SELF SUPPORTING FUNDS: Lease Purchase - Water Lease Purchase - Solid Waste Lease Purchase - Recycling Bond Issues - Water & Sewer Bond Issue - Stormwater Bond Issue. Marine BORROWING - INTERNAL SERVICE FUNDS: Lease Purchase - Garage Lease Purchase - Administrative Services 383,000 34,000 73,780 160,000 140,000 17,303,000 2,907,730 2,758,500 339,000 (420,215) 34,000 41,000 160,000 140,000 17,303,000 2,907,730 10,400,000 2,758,500 339,000 (803,215) (32,780) 10,400,000 TOTAL ALL FUNDING SOURCES: 9,438,088 56,368,790 65,806,878 Ordinance # 7916-08