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9192-18ORDINANCE NO. 9192-18 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2018, TO REFLECT A NET DECREASE OF $92,554,441 PROVIDING AN EFFECTIVE DATE. WHEREAS, the Capital Improvement Budget for the fiscal year ending September 30, 2018 was adopted by Ordinance No. 9077-17; 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. 9077-17 is amended to read: Pursuant to the Third Quarter Amended Capital Improvement Program Report and Estimated Budget for the fiscal year beginning October 1, 2017 and ending September 30, 2018, 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. SEP 2 0 2018 PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED Approved as to form: Pamela K. Akin, City Attorney OCT 0 4 2018 ""c(e)OtI (AC, CV I�oJ George N. Cretekos, Mayor Attest: l,GtA.-K. a Rosemarie Call, City EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2017/18 Second Century Clearwater Police Protection Fire Protection New Street Construction Major Street Maintenance Sidewalk and Bike Trail Intersections Parking Miscellaneous Engineering Park Development Beautification Marine Facilities Airpark Facilities Libraries Garage Maintenance of Buildings General Public City Buildings Miscellaneous Stormwater Utility Gas System Solid Waste & Recycling Utilities Miscellaneous Sewer System Water System First Qtr. Mid Year Third Qtr. Original Amended Amended Amended Budget Budget Budget Budget 2017/18 2017/18 2017/18 2017/18 Amendments 12,000,000 12,000,000 12,000,000 12,000,000 521,000 521,000 521,000 970,698 3,331,610 3,581,610 3,581,610 3,400,027 - 50,000 50,000 50,000 3,997,340 3,598,340 5,094,959 6,322,470 472,000 472,000 (972,197) (1,038,594) 431,990 431,990 431,916 529,073 600,000 578,150 578,224 578,224 45,000 15,917 15,917 15,917 6,477,840 6,452,730 6,555,289 6,878,040 - - (9,631) 537,500 984,792 984,792 984,792 115,000 115,000 115,000 115,000 185,000 185,000 185,000 185,000 6,700,800 4,669,737 4,669,737 4,669,737 2,570,000 2,512,585 1,623,332 (1,476,668) 4,180,710 4,180,710 4,180,710 4,180,710 4,960,000 5,469,342 6,438,614 6,438,614 5,290,010 5,307,879 5,307,879 5,998,068 15,296, 000 19,882, 081 19,932, 020 19,932, 020 4,568,000 24,068,000 24,068,000 24,158,000 300,000 292,063 292,063 (307,937) 34,961,660 36,866,284 36,866,284 (5,177,165) 50,134,250 48,118,364 48,118,364 (1,312,323) 449,698 (181,583) 1,227,511 (66,397) 97,157 322,751 (9,631) (3,100,000) 690,189 90,000 (600,000) (42,043,449) (49,430,687) TOTAL PROJECT EXPENDITURES 157,675,710 180,353,575 180,638,514 88,084,073 (92,554,441) GENERAL SOURCES: General Operating Revenue 5,473,110 5,473,110 5,473,110 6,409,348 936,238 Road Millage 2,402,590 2,402,590 2,402,590 2,402,590 - Penny for Pinellas 20,889,840 20,889,840 20,889,840 20,889,840 Multi -Modal Impact Fee 140,000 140,000 140,000 140,000 - Local Option Gas Tax 1,583,740 1,583,740 1,583,740 1,583,740 - County Fire Tax - 250,000 250,000 450,000 200,000 Special Program Fund 100,000 100,000 100,000 100,000 Grants - Other Agencies 80,000 80,000 80,000 402,377 322,377 Property Owners Share - 39,612 89,551 89,551 - Recreation Facility Impact Fee - 235,000 235,000 - Community Redevelopment Agency - - 1,000,000 1,000,000 Other Governmental 150,461 150,461 Reimbursement - (53,305) (53,305) Ordinance # 9192-18 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2017/18 SELF SUPPORTING FUNDS: Marine Revenue Clearwater Harbor Marina Revenue Airpark Revenue Parking Revenue Water Revenue Sewer Revenue Water Impact Fees Sewer Impact Fees Utility R&R Stormwater Utility Revenue Gas Revenue Solid Waste Revenue Recycling Revenue Other Governmental Revenue Grants - Other Agencies Reimbursement First Qtr. Mid Year Third Qtr. Original Amended Amended Amended Budget Budget Budget Budget 2017/18 2017/18 2017/18 2017/18 Amendments 120,000 120,000 120,000 120,000 40,000 40,000 40,000 40,000 55,000 55,000 55,000 55,000 687,500 687,500 687,500 687,500 4,463,700 4,463,700 4,463,700 4,463,700 542,540 542,540 542,540 542,540 96,000 96,000 96,000 96,000 49,850 49,850 49,850 49,850 12,844,550 12,844,550 12,844,550 12,844,550 6,374,220 6,374,220 6,374,220 6,374,220 15,100, 000 19,605, 380 19,605, 380 19,605, 380 1,080,500 17,080,500 17,080,500 17,170,500 3,079,500 3,079,500 3,079,500 3,079,500 - (115,886) (115,886) 621,616 - (40,000) (40,000) (40,000) - 563,000 563,000 563,000 INTERNAL SERVICE FUNDS: Garage Revenue 813,900 813,900 813,900 813,900 General Services Revenue 250,000 250,000 250,000 250,000 Administrative Services Revenue 1,555,000 1,555,000 1,555,000 1,555,000 BORROWING - GENERAL SOURCES: Lease Purchase - General Fund 90,000 737,502 2,066,000 2,066,000 2,066,000 1,349,735 (716,265) BORROWING - SELF SUPPORTING FUNDS: Lease Purchase - Gas 196,000 196,000 196,000 196,000 - Lease Purchase - Water & Sewer 1,210,000 1,210,000 1,210,000 103,584 (1,106,416) Lease Purchase - Recycling 408,000 408,000 408,000 408,000 - Bond Issue - Water & Sewer 69,289,270 69,289,270 69,289,270 (24,825,763) (94,115,033) BORROWING - INTERNAL SERVICE FUNDS: Lease Purchase - Garage 6,303,900 4,303,900 4,303,900 4,303,900 Lease Purchase - General Services 36,000 25,417 25,417 25,417 Lease Purchase - Administrative Services 345,000 331,342 331,342 331,342 TOTAL ALL FUNDING SOURCES: 157,675,710 176,853,575 177,138,515 84,584,073 (92,554,441) Ordinance # 9192-18