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7403-05 ORDINANCE NO. 7403-05 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2005, TO REFLECT A NET INCREASE OF $12,606,403 PROVIDING AN EFFECTIVE DATE. WHEREAS, the Capital Improvement Budget for the fiscal year ending September 30, 2005 was adopted by Ordinance No. 7339-04; 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. 7339-04 is amended to read: Pursuant to the First Quarter Amended Capital Improvement Program Report and Estimated Budget for the fiscal year beginning October 1, 2004 and ending September 30, 2005, 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 17, 2005 April 7, 2005 4~j(~ ~ V. Hibbard ' Mayor Eed as to form: Pamela K. Akin City Attorney Attest: - ~. ~ Ordinance #7403-05 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2004/05 First Qtr Original Amended Budget Budget 2004/05 2004/05 Amendments Police Protection 181,000 178,956 -2,044 Fire Protection 2,298,700 2,339,222 40,522 Major Street Maintenance 5,610,100 15,724,205 10,114,105 Intersections 485,000 485,000 Parking 300,000 186,348 -113,652 Miscellaneous Engineering 35,000 31 ,133 -3,867 Leisure 200,000 200,000 Park Development 2,437,500 2,596,250 158,750 Marine Facilities 330,000 323,064 -6,936 Airpark Facilities 10,000 30,000 20,000 Libraries 554,840 602,624 47,784 Garage 3,272,500 3,621,173 348,673 Maintenance of Buildings 642,400 653,878 11,478 General Public Buildings & Equipment 0 Miscellaneous 658,000 2,814,089 2,156,089 Stormwater Utility 6,294,990 5,577,202 -717,788 Gas System 4,670,000 4,670,000 Solid Waste 535,000 604,769 69,769 Utilities Miscellaneous 227,000 227,000 Sewer System 14,308,670 14,563,837 255,167 Water System 14,571,160 14,572,408 1,248 Recycling 225,000 252,105 27,105 TOTAL 57,646.860 70,253,263 12,606,403 65 Ordinance # 7403-05 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2004/05 First Qtr Original Amended Budget Budget 2004/05 2004/05 Amendments GENERAL SOURCES: General Operating Revenue 2,042,700 2,380,372 337,672 General Revenue/County Co-op 554,840 554,840 Special Development Fund 2,500,000 2,500,000 Community Redevelopment Agency 1,490,929 1,490,929 Road Millage 2,480,100 2,480,100 Recreation Facility Impact Fee -6,871 -6,871 Penny for Pinellas 4,561,500 5,185,002 623,502 Transportation Impact Fees 290,000 618,000 328,000 Development Impact Fees -3,867 -3,867 Local Option Gas Tax 925,000 925,000 Grants - Other Agencies 450,000 1,246,690 796,690 Contractual Services 6,100 6,100 Developer's Share 1,142,000 1,142,000 Donations 200,000 260,000 60,000 Interest 17,784 17,784 SELF SUPPORTING FUNDS: Marine/Aviation Revenue 225,000 239,760 14,760 Parking Revenue 310,000 310,000 Harborview Revenue 100,000 100,000 Utility System: Water Revenue 1,833,730 1,855,030 21,300 Sewer Revenue 4,796,700 4,804,919 8,219 Water Impact Fees 250,000 250,000 Water R & R 1,022,770 1 ,022,770 Sewer Impact Fees 585,000 585,000 Sewer R&R 1,068,190 1,068,190 Stormwater Utility 1,383,410 1,337,929 -45,481 Gas Revenue 4,685,000 4,685,000 Solid Waste Revenue 425,000 3,931,000 3,506,000 Recycling Revenue 90,000 90,000 Grants 2,966,160 5,604,327 2,638,167 Contractor Share 8,632 8,632 Donations 25,000 25,000 INTERNAL SERVICE FUNDS: Garage Fund 10,000 358,673 348,673 Administrative Services Fund 263,000 251,656 -11,344 General Services Fund 100,000 100,000 Central Insurance Fund 2,000,000 2,000,000 66 Ordinance # 7403-05 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2004/05 First Qtr Original Amended Budget Budget 2004/05 2004/05 Amendments BORROWING - GENERAL SOURCES: Lease Purchase - General Fund 716,000 800,613 84,613 Penny for Pinellas Bond -623,502 -623,502 SELF-SUPPORTING FUNDS: Lease Purchase - Parking -113,652 -113,652 Lease Purchase - Water 460,000 460,000 Lease Purchase - Sewer 38,000 38,000 Lease Purchase - Stormwater Utility 30,000 43,295 13,295 Lease Purchase - Solid Waste 110,000 179,769 69,769 Lease Purchase - Recycling 135,000 162,105 27,105 Future Bond Issue - Water & Sewer 16,093,680 16,093,680 Bond Issue - Stormwater 4,948,580 1,898,590 -3,049,990 INTERNAL SERVICE FUNDS: Lease Purchase - Garage 3,272,500 3,272,500 Lease Purchase - Administrative Svcs 325,000 617,900 292,900 TOTAL ALL FUNDING SOURCES: 57,646,860 70,253,263 12,606,403 67 Ordinance # 7403-05