LSBGHORZ
                            

AGENDA MEMORANDUM

 

 

Meeting Date:           March 22, 2010

 

From:                          Brandy McDaniel, Budget Manager

 

Subject:                      Ordinance Amending the Fiscal Year 2009-10 Budget for the General, Greater Leesburg CRA, Carver Heights/Montclair Area CRA, Hwy 441/27 CRA, Capital Projects, Electric, Water, Wastewater and Recreation Impact Fees Funds for the First Quarter

 

 

Staff Recommendation:

 

Staff recommends adopting the attached ordinance amending the Fiscal Year 2009-10 budget for the General, Greater Leesburg CRA, Carver Heights/Montclair Area CRA, Hwy 441/27 CRA, Capital Projects, Electric, Water, Wastewater and Recreation Impact Fees Funds for the First Quarter.

 

Analysis:

 

As established in the Budget Policy, adopted September 28, 1998, total appropriations within a fund cannot increase or decrease without formal action by the City Commission. 

 

These budget adjustments are required due to the following changes (an attachment has been included to provide detailed reasons for these budget adjustments):

 

Fund

Amount

Source

General:

 

 

DUI Car and Training Grant (Police,  

  Fleet & IT)

 

$55,885

 

Federal Grant

Bryne Grant/Motorized Door &

  Overtime (Police)

 

 27,191

 

Federal Grant

Police Dispatch Grant

(402,000)

Federal Grant

Ad Valorem Reductions

(6,887)

Taxes

Byrne Grant/3 Motorcycle Computers &

   Overtime (Police)

Total General Fund:

 

57,792

     ($268,019)

 

Federal Grant

 

 

 

 

 

Greater Leesburg CRA:

Ad Valorem Reductions                                              ($16,364)    Taxes

Total Greater Leesburg CRA:                                 ($16,364)        

 

Carver Heights/Montclair Area CRA:

Ad Valorem Reductions                                              ($15,951)    Taxes

LPG Professional Services                                            18,000     Fund Balance

Total Carver Heights/Montclair Area CRA:           $2,049

 

Hwy 441/27 CRA:

Ad Valorem Reductions                                              ($35,961)    Taxes

Total Hwy 441/27 CRA:                                           ($35,961)

 

Capital Projects:

Airport Security                                                         $200,000     State Grant

Obstruction Survey                                                     (10,361)   Federal & State Grant

Repayment of Sleepy Hollow Lights                           703,504     Bond Proceeds

Fountain Lake Trail Amenities                                                  16,000     Transfer from Recreation Impact               

                                                                                                      Fees

Total Capital Projects:                                             $909,143

 

Electric:

Rewind Airport Transformer                                     $113,564     Fund Balance

Repayment of Sleepy Hollow Lights                           703,504    Transfer from Capital Projects

Professional Services/Fruitland Park Separation          40,000     Fund Balance    

Total Electric:                                                         $857,068

 

Water:

Impeller- Plantation High Service Pump                        $5,275    Renewal & Replacement

Engineering- Perkins to Griffin Project                          74,900    Renewal & Replacement

Total Water:                                                                $80,175

 

Wastewater:

Headworks Pump Station                                         $1,002,742   Impact Fees

Total Wastewater:                                                  $1,002,742

 

Recreation Impact Fees:

Fountain Lake Trail Amenities                                                $16,000    Fund Balance

Total Recreation Impact Fees:                               $16,000

 

 

 

Options:        

  1. Adopt the attached ordinance amending the fiscal year 2009-10 budget for the General, Greater Leesburg CRA, Carver Heights/Montclair Area CRA, Hwy 441/27 CRA, Capital Projects, Electric, Water, Wastewater and Recreation Impact Fee Funds, or

 

  1. Such other action as the City Commission may deem necessary.

 

 

 

 

Fiscal Impact

The following funds will increase/decrease as seen below:

 

 

 

FUND

FY 2010

CURRENT

 

CHANGE

FY 2010

AMENDED

General

     $    24,350,276

$      (268,019)

$    24,082,257

Stormwater

Greater Leesburg CRA

2,966,229

579,173

 

(16,364)

2,966,229

562,809

Carver Heights/Montclair Area CRA

1,484,387

2,049

1,486,436

Hwy 441/27 CRA

3,505,917

(35,961)

3,469,956

Debt Service

1,621,521

1,621,521

Capital Projects

11,638,575

909,143

12,547,718

Electric

75,644,238

857,068

76,501,306

Gas

10,890,188

10,890,188

Water

16,603,269

80,175

16,683,444

Wastewater

11,004,933

1,002,742

12,007,675

Communications

1,352,870

1,352,870

Solid Waste

3,726,119

3,726,119

Police Pension

808,714

808,714

Fire Pension

1,343,083

1,343,083

General Employees Pension

2,500,000

2,500,000

Health Insurance

4,133,000

4,133,000

Workers’ Compensation

666,147

666,147

Discretionary Sales Tax

1,756,688

1,756,688

Police Impact Fees

4,790

4,790

Recreation Impact Fees

349,660

16,000

365,660

Building Permits

447,100

447,100

Police Forfeiture

81,156

81,156

Police Education Receipts

10,350

10,350

Magnolia Townhomes

1,919,400

1,919,400

Total

$   179,387,783

$       2,546,833

$    181,934,616

 

 

 

Submission Date and Time:    4/8/2010 2:04 PM____

 

Department: ______________________

Prepared by:  ______________________                     

Attachments:         Yes____   No ______

Advertised:   ____Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes___  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance  Dept. ________________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _________________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________


 

 

ORDINANCE NO.____________________

AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA, AMENDING THE FISCAL YEAR 2009-10 BUDGET FOR THE GENERAL, GREATER LEESBURG CRA, CARVER HEIGHTS/MONTCLAIR CRA, HWY 441/27 CRA, CAPITAL PROJECTS, ELECTRIC, WATER, WASTEWATER AND RECREATION IMPACT FEES FUNDS FOR THE FIRST QUARTER; AND PROVIDING AN EFFECTIVE DATE.

          WHEREAS, the City Commission of the City of Leesburg Florida, adopted a budget for Fiscal Year 2009-10 on September 28, 2009, which they felt was in the best interest of the citizens of the City of Leesburg, and

          WHEREAS, it is now necessary to amend the current budget for Fiscal Year 2009-10 to provide funds for various projects as adopted at City Commission meetings, and

          WHEREAS, such action was not anticipated in the original 2009-10 annual budget;

          NOW THEREFORE, BE IT ENACTED BY THE PEOPLE OF THE CITY OF LEESBURG, FLORIDA:

SECTION I.

        Pursuant to Section 200.065, Florida Statutes, and all other applicable laws, the following amounts for use by the various funds during Fiscal Year 2009-10 as reflected below, including all modifications or amendments made during this meeting, are hereby adopted as increases/decreases to the original budget for Fiscal Year 2009-10 for the City of Leesburg, Florida:

GENERAL FUND

ESTIMATED REVENUES AND OTHER RECEIPTS

Ad Valorem Taxes

(6,887)

Federal Grant

(261,132)

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

(268,019)


 

PROPOSED APPROPRIATIONS

Public Safety

91,261

General Government

49,607

Non Expenditures:

    Transfers to other Funds

(6,887)

    Reserves- Contributions to Fund Balance

(402,000)

TOTAL PROPOSED APPROPRIATIONS

(268,019)

GREATER LEESBURG CRA

ESTIMATED REVENUES AND OTHER RECEIPTS

Intergovernmental Revenue

(15,715)

Other Financing Sources:

     Transfers from other Funds

(649)

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

(16,364)

PROPOSED APPROPRIATIONS

Non Expenditures:

     Reserves- Contribution to Fund Balance

(16,364)

TOTAL PROPOSED APPROPRIATIONS

(16,364)

CARVER HEIGHTS/MONTCLAIR AREA CRA

ESTIMATED REVENUES AND OTHER RECEIPTS

Intergovernmental Revenue

(15,075)

Other Financing Sources:

     Transfers from other Funds

(876)

     Fund Balance

18,000

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

2,049

PROPOSED APPROPRIATIONS

Economic Environment

2,049

TOTAL PROPOSED APPROPRIATIONS

2,049

US HWY 441/27  CRA

ESTIMATED REVENUES AND OTHER RECEIPTS

Intergovernmental Revenue

(29,950)

Other Financing Sources:

     Transfers from other Funds

(6,011)

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

(35,961)

PROPOSED APPROPRIATIONS

Non Expenditures:

     Reserves- Contribution to Fund Balance

(35,961)

TOTAL PROPOSED APPROPRIATIONS

(35,961)

CAPITAL PROJECTS FUND

ESTIMATED REVENUES AND OTHER RECEIPTS

Intergovernmental Revenue

189,639

Other Financing Sources:

      Transfers from Other Funds

16,000

      Bond Proceeds

703,504

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

       909,143

PROPOSED APPROPRIATIONS

Culture/Recreation

719,504

Transportation

       189,639

TOTAL PROPOSED APPROPRIATIONS

       909,143

 ELECTRIC FUND

ESTIMATED REVENUES AND OTHER RECEIPTS

Other Financing Sources:

     Transfers from Other Funds

703,504

     Fund Balance

          153,564

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

        857,068

PROPOSED APPROPRIATIONS

Physical Environment

        857,068

TOTAL PROPOSED APPROPRIATIONS

        857,068

WATER FUND

ESTIMATED REVENUES AND OTHER RECEIPTS

Other Financing Sources:

     Renewal & Replacement

80,175

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

        80,175

PROPOSED APPROPRIATIONS

Physical Environment

        80,175

TOTAL PROPOSED APPROPRIATIONS

        80,175


            WASTEWATER FUND

ESTIMATED REVENUES AND OTHER RECEIPTS

Other Financing Sources:

     Impact Fees

1,002,742

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

1,002,742

PROPOSED APPROPRIATIONS

Physical Environment

1,002,742

TOTAL PROPOSED APPROPRIATIONS

1,002,742

RECREATION IMPACT FEES

ESTIMATED REVENUES AND OTHER RECEIPTS

Other Financing Sources:

    Fund Balance

16,000

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

16,000

PROPOSED APPROPRIATIONS

Non Expenditures:

    Transfers to Other Funds

16,000

TOTAL PROPOSED APPROPRIATIONS

16,000

ALL FUNDS

ESTIMATED REVENUES AND OTHER RECEIPTS

Ad Valorem Taxes

(6,887)

Federal Grant

(261,132)

Intergovernmental Revenue

128,899

Other Financing Sources:

     Transfers from Other Funds

711,968

     Renewal & Replacement

80,175

     Impact Fees

1,002,742

     Debt Proceeds

703,504

     Fund Balance Appropriated

        187,564

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

        2,546,833

ALL FUNDS

PROPOSED APPROPRIATIONS

General Government

           49,607

Public Safety

91,261

Physical Environment

1,939,985

Economic Environment

2,049

Culture & Recreation

         719,504

Transportation

189,639

Non-Expenditures:

    Transfers to Other Funds

9,113

    Reserves- Contributions to Fund Balance

       (454,325)

TOTAL PROPOSED APPROPRIATIONS

        2,546,833

SECTION II.

          This ordinance shall become effective upon its passage and adoption by the Leesburg City Commission in the manner provided by law.

          PASSED AND ADOPTED at a regular meeting of the City Commission of the City of Leesburg, Florida held on the 22 nd day of March, 2010.

 

 

 

 

 

Mayor

ATTEST:

 

 

 

 

 

 City Clerk