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7996-08 , . ORDINANCE NO. 7996-08 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 $5,923,873, 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 Third 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 Third 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 September 18, 2008 October 2, 2008 , :i-~-R ~ Frank Hibbard Mayor Approved as to form: Attest: M~fK. Akin City Attorney Ordinance #7996-08 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2007/08 First Qtr Mid Year Third Qtr Original Amended Amended Amended Budget Budget Budget Budget 2007/08 2007/08 2007/08 2007/08 Amdmnts Police Protection 250,000 (555,302) (555,302) (555,302) Fire Protection 451,000 458,000 458,000 466,358 8,358 Major Street Maintenance 3,775,720 3,730,165 3,974,164 3,416,474 (557,690) Sidewalks and Bike Trail 0 161,015 1,429,596 1,429,707 111 Intersections 435,000 385,824 385,824 385,824 Parking 300,000 267,230 267,230 267,230 Miscellaneous Engineering 35,000 73,250 73,250 73,250 Land Acquisition 0 (759) (759) (759) Park Development 10,155,410 11,024,722 11,285,697 16,421,250 5,135,553 Marine Facilities 160,000 11,310,000 13,896,097 14,226,318 330,221 Airpark Facilities 10,000 10,000 10,000 185,000 175,000 Libraries 706,290 706,290 373,275 373,275 Garage 2,840,500 2,840,500 2,840,500 2,833,295 (7,205) Maintenance of Buildings 998,000 998,000 900,455 868,568 (31,887) General Public City Buildings 0 0 0 (141,543) (141,543) Miscellaneous 909,000 909,000 909,000 1,353,218 444,218 Stormwater Utility 5,511,300 6,554,854 6,588,162 6,773,722 185,560 Gas System 6,168,830 2,003,705 2,003,705 2,112,688 108,983 Solid Waste 160,000 160,000 160,000 160,000 Utilities Miscellaneous 44,000 44,000 44,000 44,000 Sewer System 12,347,280 12,871,722 12,792,522 13,066,717 274,195 Water System 10,971,460 11,714,662 11,745,809 11,745,809 Recycling 140,000 140,000 140,000 140,000 TOTAL 56,368,790 65,806,878 69,721,226 75,645,099 5,923,873 Ordinance # 7996-08 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2007/08 First Qtr Mid Year Third Qtr Original Amended Amended Amended Budget Budget Budget Budget 2007/08 2007/08 2007/08 2007/08 Amdmnts GENERAL SOURCES: General Operating Revenue 2,072,330 3,131,859 2,958,844 12,003,511 9,044,667 General Revenue/County Co-op 706,290 706,290 706,290 706,290 Road Millage 2,820,720 2,820,720 2,820,720 2,820,720 Penny for Pinellas 3,350,000 3,950,000 3,950,000 3,950,000 Transportation Impact Fee 290,000 320,750 320,750 320,750 Development Impact Fee 0 0 0 0 Local Option Gas Tax 1,100,000 1,100,000 1,100,000 1,100,000 Recreation Land Impact Fee 750,000 750,000 750,000 750,000 Open Space Impact Fee 750,000 750,000 750,000 750,000 Special Development Fund 0 0 2,000,000 2,000,000 Drainage Impact Fees 0 0 0 175,683 175,683 Special Program Fund 30,000 30,000 30,000 30,000 Grants - Other Agencies 4,700,000 4,672,115 6,040,696 6,140,129 99,433 Sales of Surplus Revenue 0 1,087 2,062 2,062 Donation Revenue 0 (67,775) (67,775) (62,175) 5,600 Other Governmental Units 0 1,399,824 1,399,824 1,445,317 45,493 Other Contributions 0 0 49,400 49,400 Property Owner's Share 0 0 0 77,096 77,096 SELF SUPPORTING FUNDS: Marine/Aviation Revenue 50,000 50,000 50,000 50,000 Parking Revenue 303,000 303,000 303,000 303,000 Harborview Revenue 118,910 118,910 118,910 118,910 Utility System: Water Revenue 1,978,500 1,978,500 1,978,500 1,978,500 Sewer Revenue 15,800 15,800 15,800 (3,767,778) (3,783,578) Water Impact Fees 250,000 250,000 250,000 250,000 Sewer Impact Fees 1,044,600 1,044,600 1,044,600 1,044,600 Utility R&R 2,706,060 2,706,060 2,706,060 2,706,060 Stormwater Utility Revenue 2,609,570 2,672,560 2,705,868 5,312,396 2,606,528 Gas Revenue 5,945,000 1,780,000 1,780,000 1,780,000 Grants - Other Agencies 0 980,564 1,029,566 1,029,566 Ordinance # 7996-08 -- ~. EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2007/08 First Qtr Mid Year Third Qtr Original Amended Amended Amended Budget Budget Budget Budget 2007/08 2007/08 2007/08 2007/08 Amdmnts INTERNAL SERVICE FUNDS: Garage Revenue 179,000 179,000 179,000 179,000 Administrative Services Revenue 500,000 500,000 500,000 500,000 Central Insurance Revenue 0 0 2,736,097 2,736,097 BORROWING. GENERAL SOURCES: Lease Purchase. General Fund 383,000 (420,215) (420,215) (439,860) (19,645) Lease Purchase. Special Events Revenue 34,000 34,000 34,000 34,000 Bonds. General Fund 0 0 0 (3,754,638) (3,754,638) BORROWING. SELF SUPPORTING FUNDS: Lease Purchase. Water 73,780 41,000 41 ,000 41,000 Lease Purchase. Solid Waste 160,000 160,000 160,000 160,000 Lease Purchase. Recycling 140,000 140,000 140,000 140,000 Bond Issues. Water & Sewer 17,303,000 17,303,000 17,303,000 21,319,741 4,016,741 Bond Issue. Stormwater 2,907,730 2,907,730 2,907,730 318,223 (2,589,507) Bond Issue. Marine 0 10,400,000 8,250,000 8,250,000 BORROWING. INTERNAL SERVICE FUNDS: Lease Purchase. Garage 2,758,500 2,758,500 2,758,500 2,758,500 Lease Purchase. Administrative Services 339,000 339,000 339,000 339,000 TOTAL ALL FUNDING SOURCES: 56,368,790 65,806,878 69,721,226 75,645,098 5,923,873 Ordinance # 7996-08