Loading...
8572-14ORDINANCE NO. 8572-14 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2014, TO REFLECT A NET INCREASE OF $2,723,088 PROVIDING AN EFFECTIVE DATE. WHEREAS, the Capital Improvement Budget for the fiscal year ending September 30, 2014 was adopted by Ordinance No. 8477 -13; 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. 8477 -13 is amended to read: Pursuant to the Mid Year Amended Capital Improvement Program Report and Estimated Budget for the fiscal year beginning October 1, 2013 and ending September 30, 2014, 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. JUN 1 9 2014 PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED Approved as to form: amela K. Akin, City Attorney JUL 1 7 2014 George N. Cretekos, Mayor Attest: u., Rosemarie Call, City Clerk Ordinance No. 8572 -14 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2013/14 First Qtr Mid Year Original Amended Amended Budget Budget Budget 2013/14 2013/14 2013/14 Amendments Fire Protection 1,540,690 1,644,040 1,644,040 Major Street Maintenance 3,408,640 3,408,640 3,408,640 Sidewalk and Bike Trail 100,000 100,000 100,000 Intersections 435,000 435,000 335,000 (100,000) Parking 305,000 305,000 305,000 Miscellaneous Engineering 35,000 35,000 35,000 Park Development 1,060,000 1,801,272 3,136,593 1,335,321 Marine Facilities 488,000 487,914 487,914 Airpark Facilities 10,000 10,000 10,000 Libraries 7,557,000 7,557,000 7,557,000 Garage 5,911,100 5,911,100 5,911,100 Maintenance of Buildings 441,910 441,996 484,706 42,710 Miscellaneous 1,055,000 1,055,000 1,755,000 700,000 Stormwater Utility 5,111,570 6,211,570 6,211,570 Gas System 4,000,000 4,220,581 4,221,970 1,389 Solid Waste 540,000 540,000 540,000 Utilities Miscellaneous 20,000 20,000 162,000 142,000 Sewer System 7,602,000 7,608,965 8,352,608 743,643 Water System 4,745,000 4,745,000 4,603,025 (141,975) Recycling 60,000 60,000 60,000 TOTAL PROJECT EXPENDITURES 44,425,910 46,598,078 49,321,166 2,723,088 GENERAL SOURCES: General Operating Revenue 1,853,920 2,448,542 2,488,542 40,000 General Revenue /County Co -op 557,000 557,000 557,000 Road Millage 1,823,650 1,823,650 1,823,650 Penny for Pinellas 8,831,680 9,331,680 10,181,680 850,000 Transportation Impact Fee 290,000 290,000 190,000 (100,000) Local Option Gas Tax 1,409,990 1,409,990 1,409,990 Recreation Land Impact Fees 0 0 78,000 78,000 Special Program Fund 30,000 30,000 30,000 Grants - Other Agencies 100,000 100,000 600,000 500,000 Other Governmental 0 6,965 754,607 747,643 Property Owner's Share 0 8,199 9,588 1,389 Reimbursements 0 0 3,321 3,321 Interest Earned- Other 0 0 25 25 Ordinance # 8572 -14 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2013/14 First Qtr Mid Year Original Amended Amended Budget Budget Budget 2013/14 2013/14 2013/14 Amendments SELF SUPPORTING FUNDS: Marine Revenue 60,000 60,000 60,000 Clearwater Harbor Marina Revenue 15,000 15,000 15,000 Airpark Revenue 10,000 10,000 10,000 Parking Revenue 315,000 315,000 315,000 Utility System: Water Revenue 3,625,000 3,625,000 3,625,000 Sewer Revenue 5,192,760 5,192,760 5,192,760 Water Impact Fees 12,000 12,000 12,000 Sewer Impact Fees 6,230 6,230 6,230 Utility R &R 3,420,010 3,420,010 3,420,010 Stormwater Utility Revenue 5,111,570 5,111,570 5,154,280 Gas Revenue 4,000,000 3,962,382 3,962,382 Solid Waste Revenue 540,000 540,000 540,000 Recycling Revenue 60,000 60,000 60,000 Grants - Other Agencies 0 1,100,000 1,660,000 INTERNAL SERVICE FUNDS: Garage Revenue Administrative Services Revenue 121,100 700,000 BORROWING - GENERAL SOURCES: Lease Purchase - General Fund 240,000 BORROWING - SELF SUPPORTING FUNDS: Lease Purchase - Water Lease Purchase - Sewer BORROWING - INTERNAL SERVICE FUNDS: Lease Purchase - Garage Lease Purchase - Administrative Services 60,000 51,000 5,590,000 400,000 121,100 700,000 121,100 700,000 240,000 240,000 60,000 60,000 51,000 51,000 5,590,000 400,000 5,590,000 400,000 42,710 560,000 TOTAL ALL FUNDING SOURCES: 44,425,910 46,598,078 49,321,166 2,723,088 Ordinance # 8572 -14