Loading...
9501-21ORDINANCE NO. 9501-21 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2021, TO REFLECT A NET INCREASE OF $38,577,718 PROVIDING AN EFFECTIVE DATE. WHEREAS, the Capital Improvement Budget for the fiscal year ending September 30, 2021 was adopted by Ordinance No. 9409-20; 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. 9409-20 is amended to read: Pursuant to the Third Quarter Amended Capital Improvement Program Report and Estimated Budget for the fiscal year beginning October 1, 2020 and ending September 30, 2021, 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 immediatelyupon adoption. SEP 1 6 2021 PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED Approved as to form: OCT 0 7 2021 rank Hibbard, M70441 -4 -pi ayor Attest: Aie.4-uvw, Pamela K. Akin, City Attorney ' Rosemarie CaII, City Clerk Ordinance #9501-21 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2020/21 First Qtr. Mid Year Third Qtr. Original Amended Amended Amended Budget Budget Budget Budget 2020/21 2020/21 2020/21 2020/21 Amendments Police Protection 11,075,000 11,928,442 12,478,442 12,494,488 16,046 Fire Protection 1,996,380 2,021,313 2,021,313 2,021,313 Major Street and Sidewalk Maintenance 4,596,470 7,623,236 18,897,133 18,897,133 Intersections 315,390 315,490 315,490 315,490 Parking 834,000 834,000 834,000 834,000 Miscellaneous Engineering 5,191,500 35,191,500 35,241,500 72,261,500 37,020,000 Park Development 7,665,100 8,109,789 8,109,789 8,599,321 489,532 Marine Facilities 1,460,000 1,665,125 1,677,625 1,827,625 150,000 Airpark Facilities 175,000 165,093 265,093 265,093 Libraries 135,000 (685,000) (685,000) (685,000) Garage 5,899,300 5,949,159 5,949,159 5,859,694 (89,465) Maintenance of Buildings 2,665,000 2,673,804 2,673,804 2,673,804 Miscellaneous 2,105,000 2,105,000 2,105,000 2,405,000 300,000 Stormwater Utility 6,063,090 6,063,090 809,999 809,999 Gas System 8,800,000 8,875,424 8,800,609 9,492,214 691,605 Solid Waste & Recycling 725,000 712,983 712,983 712,983 - Utilities Miscellaneous 100,000 (2,926,766) (2,926,766) (2,926,766) Sewer System 30,988,020 30,988,020 29,716,896 29,716,896 Water System 9,754,600 9,754,600 6,504,919 6,504,919 TOTAL PROJECT EXPENDITURES 100,543,850 131,364,302 133,501,987 172,079,705 38,577,718 GENERAL SOURCES: General Operating Revenue 7,767,920 8,059,573 8,059,573 8,859,151 799,578 Penny for Pinellas 12,450,000 12,450,000 12,450,000 40,950,000 28,500,000 Road Millage 3,344,710 3,344,710 3,344,710 3,344,710 - Local Option Gas Tax 1,427,150 1,427,150 1,427,150 1,427,150 Grants 120,000 (56,466) 23,534 23,534 - Other Governmental 456,020 605,853 2,605,853 11,125,853 8,520,000 Multi -Modal Impact Fee 140,000 140,000 140,000 140,000 - Special Program Fund 30,000 125,000 125,000 125,000 Recreation Land Impact Fee - 190,286 190,286 190,286 Open Space Impact Fee - 105,714 105,714 105,714 - Donations 50,000 5,000 5,000 11,000 6,000 Other - 73,098 73,098 73,098 - Ordinance # 9501-21 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2020/21 First Qtr. Mid Year Third Qtr. Original Amended Amended Amended Budget Budget Budget Budget 2020/21 2020/21 2020/21 2020/21 Amendments SELF SUPPORTING FUNDS: Parking Revenue 894,000 1,119,125 1,119,125 1,119,125 Marine Revenue 690,000 690,000 690,000 840,000 150,000 Clearwater Harbor Marina Revenue 150,000 150,000 162,500 162,500 Airpark Revenue 55,000 55,000 75,000 75,000 Water Revenue 4,980,000 4,980,000 4,980,000 4,980,000 Sewer Revenue 22,733,500 22,733,500 22,733,500 22,733,500 Utility R&R 10,575,600 10,575,600 10,575,600 10,575,600 Water Impact Fees 160,000 160,000 160,000 160,000 Sewer Impact Fees 50,000 50,000 50,000 50,000 Stonnwater Utility Revenue 6,063,090 6,063,090 6,063,090 6,063,090 Gas Revenue 8,800,000 8,888,618 8,913,803 9,605,408 691,605 Solid Waste Revenue 625,000 625,000 625,000 625,000 Recycling Revenue 100,000 100,000 100,000 100,000 INTERNAL SERVICE FUNDS: Garage Revenue 598,300 656,327 656,327 566,862 (89,465) Administrative Services Revenue 985,000 985,000 985,000 985,000 General Services Revenue 75,000 75,000 75,000 75,000 Central Insurance Revenue 152,460 152,460 152,460 152,460 BORROWING - GENERAL SOURCES: Lease Purchase -General Fund 195,100 (15,125) (15,125) (15,125) Interfund Loan -General Fund 11,000,000 11,000,000 11,000,000 11,000,000 Bond Financing - 30,000,000 30,000,000 30,000,000 BORROWING - SELF SUPPORTING FUNDS: Lease Purchase -Gas (13,194) (13,194) (13,194) Lease Purchase -Solid Waste/Recycling (12,017) (12,017) (12,017) BORROWING - INTERNAL SERVICE FUNDS: Lease Purchase -Garage 5,201,000 5,201,000 5,201,000 5,201,000 Lease Purchase - Administrative Services 675,000 675,000 675,000 675,000 TOTAL ALL FUNDING SOURCES: 100,543,850 131,364,302 133,501,987 172,079,705 38,577,718 Ordinance # 9501-21