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7980-08 ORDINANCE NO. 7980-08 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 $3,914,347 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 Mid Year 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 Mid Year 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 June 19, 2008 August 7, 2008 =I~.~~ J/ ~ Fi:ari'k Hibbard Mayor Approved as to form: Attest: ptdA1d City Attorney Ordinance #7980-08 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2007/08 First Qtr Mid Year Original Amended Amended Budget Budget Budget 2007/08 2007/08 2007/08 Amendments Police Protection 250,000 (555,302) (555,302) Fire Protection 451,000 458,000 458,000 Major Street Maintenance 3,775,720 3,730,165 3,974,164 243,999 Sidewalks and Bike Trail 0 161,015 1,429,596 1,268,581 Intersections 435,000 385,824 385,824 Parking 300,000 267,230 267,230 Miscellaneous Engineering 35,000 73,250 73,250 Land Acquisition 0 (759) (759) Park Development 10,155,410 11,024,722 11,285,697 260,975 Marine Facilities 160,000 11,310,000 13,896,097 2,586,097 Airpark Facilities 10,000 10,000 10,000 Libraries 706,290 706,290 373,275 (333,015) Garage 2,840,500 2,840,500 2,840,500 Maintenance of Buildings 998,000 998,000 900,455 (97,545) Miscellaneous 909,000 909,000 909,000 Stormwater Utility 5,511,300 6,554,854 6,588,162 33,308 Gas System 6,168,830 2,003,705 2,003,705 Solid Waste 160,000 160,000 160,000 Utilities Miscellaneous 44,000 44,000 44,000 Sewer System 12,347,280 12,871,722 12,792,522 (79,200) Water System 10,971,460 11,714,662 11,745,809 31,147 Recycling 140,000 140,000 140,000 TOTAL 56,368,790 65,806,878 69,721,225 3,914,347 GENERAL SOURCES: General Operating Revenue 2,072,330 3,131,859 2,958,844 (173,015) General Revenue/County Co-op 706,290 706,290 706,290 Road Millage 2,820,720 2,820,720 2,820,720 Penny for Pinellas 3,350,000 3,950,000 3,950,000 Transportation Impact Fee 290,000 320,750 320,750 Development Impact Fee 0 0 0 Local Option Gas Tax 1,100,000 1,100,000 1,100,000 Recreation Land Impact Fee 750,000 750,000 750,000 Open Space Impact Fee 750,000 750,000 750,000 Special Development Fund 0 0 2,000,000 2,000,000 Special Program Fund 30,000 30,000 30,000 Grants - Other Agencies 4,700,000 4,672,115 6,040,696 1,368,581 Sales of Surplus Revenue 0 1,087 2,062 975 Donation Revenue 0 (67,775) (67,775) Other Governmental Units 0 1,399,824 1,399,824 45 Ordinance # 7980-08 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2007/08 First Qtr Mid Year Original Amended Amended Budget Budget Budget 2007/08 2007/08 2007/08 Amendments Other Contributions 0 0 49,400 49,400 SELF SUPPORTING FUNDS: Marine/Aviation Revenue 50,000 50,000 50,000 Parking Revenue 303,000 303,000 303,000 Harborview Revenue 118,910 118,910 118,910 Utility System: Water Revenue 1,978,500 1,978,500 1,978,500 Sewer Revenue 15,800 15,800 15,800 Water Impact Fees 250,000 250,000 250,000 Sewer Impact Fees 1,044,600 1,044,600 1,044,600 Utility R&R 2,706,060 2,706,060 2,706,060 Stormwater Utility Revenue 2,609,570 2,672,560 2,705,868 33,308 Gas Revenue 5,945,000 1,780,000 1,780,000 Grants. Other Agencies 0 980,564 1,029,566 49,001 INTERNAL SERVICE FUNDS: Garage Revenue 179,000 179,000 179,000 Administrative Services Revenue 500,000 500,000 500,000 Central Insurance Revenue 0 0 2,736,097 2,736,097 BORROWING - GENERAL SOURCES: Lease Purchase - General Fund 383,000 (420,215) (420,215) Lease Purchase - Special Events Revenue 34,000 34,000 34,000 BORROWING - SELF SUPPORTING FUNDS: Lease Purchase - Water 73,780 41,000 41,000 Lease Purchase. Solid Waste 160,000 160,000 160,000 Lease Purchase - Recycling 140,000 140,000 140,000 Bond Issues - Water & Sewer 17,303,000 17,303,000 17,303,000 Bond Issue - Stormwater 2,907,730 2,907,730 2,907,730 Bond Issue - Marine 0 10,400,000 8,250,000 (2,150,000) BORROWING - INTERNAL SERVICE FUNDS: Lease Purchase - Garage 2,758,500 2,758,500 2,758,500 Lease Purchase - Administrative Services 339,000 339,000 339,000 TOTAL ALL FUNDING SOURCES: 56,368,790 65,806,878 69,721,226 3,914,347 46 Ordinance # 7980-08