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7979-08 ORDINANCE NO. 7979-08 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, WATER AND SEWER FUND, STORMWATER UTILITY FUND, GAS FUND, SOLID WASTE FUND, RECYCLING 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 Mid Year Review it was found that increases and decreases are necessary in the total amount of $979,392 for revenues and $1,714,212 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 June 19, 2008 August 7, 2008 ~-.~~K~ Frank Hibbard, Mayor Attes Ordinance No. 7979-08 EXHIBIT A 2007-08 BUDGET REVENUE First Quarter Mid Year Original Amended Amended Budget Budget Budget 2007/08 2007/08 2007/08 Amendments General Fund: Property Taxes 47,273,940 47,273,940 47,273,940 Franchise Fees 9,833,640 9,833,640 9,833,640 Utility Taxes 11,928,390 11,928,390 11,928,390 Licenses, Permits & Fees 4,492,580 4,492,580 4,492,580 Sales Tax 6,564,320 6,197,530 6,197,530 Communications Services Tax 7,045,750 7,045,750 7,045,750 Intergovernmental Revenues 11,809,270 12,472,210 12,472,210 Charges for Current Services 3,763,800 3,799,950 3,869,800 69,850 Fines & Forfeitures 955,000 955,000 955,000 Interest Income 1,263,950 1,263,950 1,263,950 Miscellaneous 1,053,710 1,503,710 1,803,710 300,000 Interfund Charges / Transfers In 17,193,280 17,220,388 17,220,388 Transfer from Surplus 0 623,485 499,645 (123,840) Total, General Fund 123,177,630 124,610,522 124,856,532 246,010 Special Revenue Funds: Special Development Fund 18,166,980 18,166,980 18,805,897 638,917 Special Program Fund 2,132,910 4,062,152 5,262,152 1,200,000 Local Housing Asst Trust Fund 1,195,250 1,195,250 1,195,250 Utility & Other Enterprise Funds: Water & Sewer Fund 59,930,170 59,930,170 56,730,170 (3,200,000) Stormwater Utility Fund 14,436,690 14,499,680 14,532,988 33,308 Solid Waste Fund 18,153,900 18,153,900 18,060,600 (93,300) Gas Fund 50,656,650 53,123,570 52,144,160 (979,410) Recycling Fund 2,834,930 3,044,260 3,334,260 290,000 Marine (and Aviation) Fund 4,823,730 4,702,910 4,702,910 Airpark Fund 0 233,000 235,070 2,070 Parking Fund 4,102,130 4,342,130 4,447,830 105,700 Harborview Center Fund 704,360 704,360 704,360 Internal Service Funds: Administrative Services Fund 10,200,730 10,200,730 10,200,730 General Services Fund 5,236,710 5,236,710 5,236,710 Garage Fund 13,293,770 13,293,770 13,293,770 Central Insurance Fund 21,306,060 21,690,338 24,426,435 2,736,097 Total, All Funds 350,352,600 357,190,432 358,169,824 979,392 Ordinance #7979-08 . EXHIBIT A (Continued) 2007-08 BUDGET EXPENDITURES First Quarter Mid Year Original Amended Amended Budget Budget Budget 2007/08 2007/08 2007/08 Amendments General Fund: City Council 295,920 295,920 295,920 City Manager's Office 1,268,700 1,268,700 1,178,700 (90,000) City Attorney's Office 1,676,820 1,676,820 1,676,820 City Audit 162,870 172,870 172,870 Development & Neighborhood Svcs 4,295,940 4,395,940 4,395,940 Economic Development & Housing SV( 1,436,710 1,436,710 1,436,710 Engineering 7,028,070 7,028,070 7,028,070 Equity Services 338,200 338,200 338,200 Finance 2,265,190 2,255,190 2,255,190 Fire 21,423,410 21,423,410 21,423,410 Human Resources 1,231,480 1,231,480 1,231,480 Library 6,433,700 6,433,700 6,433,700 Marine & Aviation 1,221,490 1,221,490 1,261,490 40,000 Non-Departmental 6,394,690 7,691,432 7,791,432 100,000 Office of Management & Budget 305,160 305,160 305,160 Official Records & Legislative Svcs 1,255,700 1,255,700 1,255,700 Parks & Recreation 21,888,050 22,023,510 22,101,520 78,010 Planning 1,414,750 1,414,750 1,414,750 Police 36,970,730 36,970,730 37,088,730 118,000 Public Communications 1,098,590 1,098,590 1,098,590 Public Services 3,684,770 3,585,460 3,585,460 Allocation to Reserve 1,086,690 1,086,690 1,086,690 Total, General Fund 123,177,630 124,610,522 124,856,532 246,010 Special Revenue Funds: Special Development Fund 15,933,750 16,564,500 17,203,417 638,917 Special Program Fund 1,832,910 3,762,152 5,762,152 2,000,000 Local Housing Asst Trust Fund 1,195,250 1,195,250 1,195,250 Utility & Other Enterprise Funds: Water & Sewer Fund 59,930,170 59,930,170 56,730,170 (3,200,000) Storm water Utility Fund 14,436,690 14,499,680 14,532,988 33,308 Solid Waste Fund 18,068,320 18,068,320 17,975,000 (93,320) Gas Fund 45,896,470 47,777,980 46,782,550 (995,430) Recycling Fund 2,834,930 3,017,740 3,307,440 289,700 Marine (and Aviation) Fund 4,774,180 4,522,040 4,522,040 Airpark Fund 0 232,540 235,070 2,530 Parking Fund 3,804,260 3,952,580 4,008,980 56,400 Harborview Center Fund 704,360 704,360 704,360 Internal Service Funds: Administrative Services Fund 10,197,640 10,197,640 10,197,640 General Services Fund 5,235,590 5,235,590 5,235,590 Garage Fund 13,293,770 13,293,770 13,293,770 Central Insurance Fund 19,986,040 20,370,318 23,106,415 2,736,097 Total, All Funds 341,301,960 347,935,152 349,649,364 1,714,212 Ordinance #7979-08 2