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7834-07 ORDINANCE NO. 7834-07 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2007, TO REFLECT A NET DECREASE OF $920,033 PROVIDING AN EFFECTIVE DATE. WHEREAS, the Capital Improvement Budget for the fiscal year ending September 30, 2007 was adopted by Ordinance No. 7675-06; 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. 7675-06 is amended to read: Pursuant to the Mid Year Amended Capital Improvement Program Report and Estimated Budget for the fiscal year beginning October 1, 2006 and ending September 30,2007, 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 20, 2007 July 19, 2007 -~~ ~nk Hibbard ' Mayor Approved as to form: Attest: ~~t Pamela K. Akin City Attorney EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2006/07 First Qtr Mid Year Original Amended Amended Budget Budget Budget 2006/07 2006/07 2006/07 Amendments Police Protection 400,000 400,000 400,000 Fire Protection 2,924,150 2,625,198 2,808,698 183,500 New Street Construction 1,150,000 526,498 488,498 (38,000) Major Street Maintenance 5,062,030 4,800,659 4,744,939 (55,720) Sidewalks & Bike Trails 0 0 38,000 38,000 Intersections 423,180 423,180 449,342 26,162 Parking 300,000 (1,497,800) (1,497,800) Miscellaneous Engineering 35,000 35,000 8,838 (26,162) Park Development 2,638,500 2,906,817 2,839,352 (67,465) Marine Facilities 665,000 523,500 573,500 50,000 Airpark Facilities 10,000 10,000 10,000 Libraries 688,630 688,630 688,630 Garage 3,743,400 3,745,147 3,745,147 Maintenance of Buildings 1,005,000 1,005,000 1,005,000 General Public Buildings & Equipment 100,000 1,293,000 1,913,000 620,000 Miscellaneous 1,087,000 899,298 (787,617) (1,686,914 ) Stormwater Utility 7,482,860 7,187,820 7,003,215 (184,605) Gas System 5,750,000 6,909,364 6,909,364 Solid Waste 430,000 430,000 430,000 Utilities Miscellaneous 26,000 26,000 (199,250) (225,250) Sewer System 20,517,170 20,066,385 20,163,640 97,255 Water System 8,098,870 7,458,232 7,807,398 349,166 Recycling 170,000 170,000 170,000 TOTAL 62,706,790 60,631,927 59,711,894 (920,033) Ordinance # 7834-07 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2006/07 First Qtr Mid Year Original Amended Amended Budget Budget Budget 2006/07 2006/07 2006/07 Amendments GENERAL SOURCES: General Operating Revenue 2,335,650 4,362,622 6,201,122 1,838,500 General Revenue/County Co-op 688,630 688,630 688,630 CRA Revenue 0 0 (1,686,914) (1,686,914) Road Mileage 3,033,030 3,033,030 3,033,030 Penny for Pinellas 4,450,000 3,790,363 3,790,363 Transportation Impact Fees 290,000 343,945 343,945 Local Option Gas Tax 962,180 962,180 962,180 Fee in Lieu of Parking 0 (200,000) (200,000) Grants - Other Agencies 575,000 4,907,593 5,592,608 685,015 Property Owner's Share 0 (187,660) (187,660) Contributions 0 53,076 103,076 50,000 Donations 75,000 75,000 75,000 Developer Contribution 0 0 2,757,000 2,757,000 SELF SUPPORTING FUNDS: Marine/Aviation Revenue 160,000 19,625 19,625 Parking Revenue 300,000 202,200 202,200 Harbor view Revenue 140,000 140,000 140,000 Utility System: Water Revenue 1,323,020 1,323,020 1,323,020 Sewer Revenue 675,000 675,000 675,000 Water Impact Fees 250,000 250,000 250,000 Water R & R 470,340 470,340 470,340 Sewer Impact Fees 1,065,100 1,065,100 1,065,100 Sewer R&R 602,930 602,930 602,930 Stormwater Utility 1,813,060 2,500,150 2,500,150 Gas Revenue 5,830,000 6,128,000 6,128,000 Solid Waste Revenue 270,000 (2,210,983) (2,210,983) Recycling Revenue 50,000 50,000 50,000 Grants - Other Agencies 0 1,102,447 1,102,447 Other Governmental 0 504,707 523,493 18,786 Property Owner's Share 0 27,349 27,349 Developer Contribution 0 0 202,385 202,385 INTERNAL SERVICE FUNDS: Garage Fund 246,700 246,700 246,700 Administrative Services Fund 700,000 700,000 700,000 Central Insurance Fund 0 (2,436,000) (2,436,000) Insurance Claimes - Vehicles 0 1,747 1,747 Ordinance # 7834-07 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2006/07 First Qtr Mid Year Original Amended Amended Budget Budget Budget 2006/07 2006/07 2006/07 Amendments BORROWING - GENERAL SOURCES: Lease Purchase - General Fund 1,107,000 1,107,000 1,107,000 Improvement Revenue Bond 0 (1,895,162) (6,495,362) (4,600,200) SELF-SUPPORTING FUNDS: Lease Purchase - Water 31,830 13,715 13,715 Lease Purchase - Sewer 60,000 60,000 60,000 Lease Purchase - Solid Waste 160,000 160,000 160,000 Lease Purchase - Recycling 120,000 120,000 120,000 Future Bond Issue - Parking 0 (1,500,000) (1,500,000) Bond Issues - Water & Sewer 0 239,158 239,158 Future Bond Issue - Water & Sewer 24,163,820 24,163,820 24,163,820 Bond Issue - Stormwater 3,075,000 (2,065,105) (2,249,710) (184,605) Future Bond Issue - Stormwater 3,794,800 7,148,690 7,148,690 INTERNAL SERVICE FUNDS: Lease Purchase - Garage 3,671,700 3,671,700 3,671,700 Lease Purchase - Administrative Sacs 217,000 217,000 217,000 TOTAL ALL FUNDING SOURCES: 62,706,790 60,631,927 59,711,894 (920,033) Ordinance # 7834-07