AGENDA MEMORANDUM

 

Meeting Date:           January 10, 2011

 

From:                          Brandy McDaniel, Budget Manager

 

Subject:                      Ordinance Amending the Fiscal Year 2009-10 Budget for the General, Greater Leesburg CRA, Highway 441/27 CRA, Capital Projects, Electric, Wastewater, Communications, Health Insurance and Recreation Impact

                                    Fees Funds for the Fourth Quarter

 

 

Staff Recommendation:

Staff recommends adopting the attached ordinance amending the Fiscal Year 2009-10 budget for the General, Greater Leesburg CRA, Highway 441/27 CRA, Capital Projects, Electric, Wastewater, Communications, Health Insurance and Recreation Impact Fees Funds for the Fourth 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:

 

Fund

Amount

Source

General:

 

 

NSP Property 2120 Nicolett Way

$ 105,693

NSP Contributions

Fleet- Tractor and Side Arm Mower

$ 86,400

Transfer from Stormwater

Fire- State Homeland Training Grant

$ 9,000

Federal Grant

Airport- Embry Riddle & Barr Group

$ 90,000

Fund Balance

Police- DOJ Grant for Digital Equip

$ 27,388

Federal Grant

Airport- Windcone/Windsock

$ 12,000

State Grant

Police- Overtime Lawsuit Settlement

$ 161,475

Fund Balance

Total General Fund

$ 491,956

 

 

 

 

Greater Leesburg CRA:

 

 

Phase II Streetscape Design

$ 200,000

Fund Balance

Total Greater Leesburg CRA

$ 200,000

 

 

 

Fund

Amount

Source

Highway 441/27 CRA:

 

 

Matching Sign Grant Program

$ 150,000

Fund Balance

Total Highway 441/27 CRA

$ 150,000

 

 

 

 

Capital Projects:

 

 

Employee Health Clinic Buildout

$ 133,000

Transfer from Health Ins. Fund

Fountain Lake Trail Completion

$ (90,273)

Transfer from Rec Impact Fees

Yellow Jacket Way Mast Arm

$ 63,000

State Grant

Total Capital Projects Fund

$ 105,727

 

 

 

 

Electric:

 

 

Picciola Bridge Project

$ 190,500

Fund Balance

Total Electric Fund

$ 190,500

 

 

 

 

Wastewater:

 

 

Headworks Pump Station

$ 86,459

Debt Proceeds (Interest 2007)

 

$ 86,459

 

Communications:

 

 

Router & Net Enforcer

$  127,920

Fund Balance

Total Water Fund

$ 127,920

 

 

 

 

Health Insurance:

 

 

Employee Health Clinic Buildout

$ 133,000

Fund Balance

Pharmaceuticals & Supplies for

 

 

    Employee Health Clinic

$ 17,000

Fund Balance

Total Health Insurance Fund

$ 150,000

 

 

 

 

Recreation Impact Fees:

 

 

Fountain Lake Trail Completion

$ (90,273)

Fund Balance

Total Recreation Impact Fees Fund

$ (90,273)

 

 

 

 

 

Options:        

  1. Adopt the attached ordinance amending the fiscal year 2009-10 budget for the General, Greater Leesburg CRA, Highway 441/27 CRA, Capital Projects, Electric, Wastewater, Communications, Health Insurance, and Recreation Impact Fees 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

     $    24,426,024

$      491,956

$    24,917,980

Stormwater

2,966,229

 

2,966,229

Greater Leesburg CRA

562,809

200,000

762,809

Carver Heights/Montclair Area CRA

1,486,436

1,486,436

Hwy 441/27 CRA

13,217,132

150,000

13,367,132

Debt Service

1,621,521

1,621,521

Capital Projects

12,890,766

105,727

12,996,493

Electric

86,085,856

190,500

86,276,356

Gas

11.201.476

11,201,476

Water

16,827,932

16,827,932

Wastewater

12,018,963

86,459

12,105,422

Communications

1,793,636

127,920

1,921,556

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

150,000

4,283,000

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

365,660

(90,273)

275,387

Building Permits

453,730

453,730

Police Forfeiture

81,156

81,156

Police Education Receipts

10,350

10,350

Magnolia Townhomes

2,384,300

2,384,300

Total

$   203,332,517

1,412,289

$    204,744,806

 

 

Submission Date and Time:    1/6/2011 1:52 PM1/6/2011 1:43 PM____

 

Department: ___Finance____________

Prepared by:  _Brandy McDaniel______                     

Attachments:         Yes____   No ______

Advertised:   ____Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes___  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance  Dept. _______JB_________                                     

                              

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, HIGHWAY 441/27 CRA, CAPITAL PROJECTS, ELECTRIC, WASTEWATER, COMMUNICATIONS, HEALTH INSURANCE AND RECREATION IMPACT FEES FUNDS FOR THE FOURTH 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

 

Contributions & Donations

105,693

 

State Grant

12,000

 

Federal Grant

36,388

 

Other Financing Sources:

 

  Transfer from Stormwater

86,400

 

  Fund Balance

251,475

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

491,956

 

 


 

PROPOSED APPROPRIATIONS

General Government

86,400

Transportation

102,000

Public Safety

197,863

Economic Environment

105,693

TOTAL PROPOSED APPROPRIATIONS

491,956

GREATER LEESBURG CRA

ESTIMATED REVENUES AND OTHER RECEIPTS

Other Financing Sources:

  Fund Balance

200,000

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

200,000

PROPOSED APPROPRIATIONS

Economic Environment

200,000

TOTAL PROPOSED APPROPRIATIONS

200,000

HIGHWAY 441/27  CRA

ESTIMATED REVENUES AND OTHER RECEIPTS

Other Financing Sources:

  Fund Balance

150,000

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

150,000

PROPOSED APPROPRIATIONS

Economic Environment

150,000

TOTAL PROPOSED APPROPRIATIONS

150,000

CAPITAL PROJECTS FUND

ESTIMATED REVENUES AND OTHER RECEIPTS

State Grant

63,000

Other Financing Sources:

  Transfer from Health Insurance Fund

133,000

  Transfer from Recreation Impact Fees Fund

(90,273)

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

       105,727

PROPOSED APPROPRIATIONS

General Government

133,000

Transportation

63,000

Culture/ Recreation

       (90,273)

TOTAL PROPOSED APPROPRIATIONS

       105,727

 

ELECTRIC FUND

ESTIMATED REVENUES AND OTHER RECEIPTS

Other Financing Sources:

     Fund Balance

          190,500

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

        190,500

PROPOSED APPROPRIATIONS

Physical Environment

        190,500

TOTAL PROPOSED APPROPRIATIONS

        190,500

WASTEWATER FUND

ESTIMATED REVENUES AND OTHER RECEIPTS

Other Financing Sources:

     Debt Proceeds

          86,459

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

        86,459

PROPOSED APPROPRIATIONS

Physical Environment

        86,459

TOTAL PROPOSED APPROPRIATIONS

        86,459

COMMUNICATIONS FUND

ESTIMATED REVENUES AND OTHER RECEIPTS

Other Financing Sources:

     Fund Balance

127,920

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

127,920

PROPOSED APPROPRIATIONS

Physical Environment

127,920

TOTAL PROPOSED APPROPRIATIONS

127,920

HEALTH INSURANCE FUND

ESTIMATED REVENUES AND OTHER RECEIPTS

Other Financing Sources:

     Fund Balance

150,000

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

150,000

PROPOSED APPROPRIATIONS

General Government

17,000

Non- Expenditures:

Transfer to Other Funds (Capital Projects)

133,000

TOTAL PROPOSED APPROPRIATIONS

150,000

 

RECREATION IMPACT FEES FUND

ESTIMATED REVENUES AND OTHER RECEIPTS

Other Financing Sources:

     Fund Balance

(90,273)

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

(90,273)

PROPOSED APPROPRIATIONS

Non- Expenditures:

Transfer to Other Funds (Capital Projects)

(90,273)

TOTAL PROPOSED APPROPRIATIONS

(90,273)

 

ALL FUNDS

ESTIMATED REVENUES AND OTHER RECEIPTS

Contributions & Donations

105,693

State Grant

75,000

Federal Grant

36,388

Other Financing Sources:

     Debt Proceeds

86,459

     Transfers from Other Funds

129,127

     Fund Balance Appropriated

979,622

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

        1,412,289

ALL FUNDS

PROPOSED APPROPRIATIONS

General Government

236,400

Physical Environment

        404,879

Public Safety

197,863

Economic Environment

455,693

Culture & Recreation

         (90,273)

Transportation

       165,000

Non- Expenditures:

  Transfer to Other Funds

42,727

TOTAL PROPOSED APPROPRIATIONS

1,412,289       

 

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 10th day of January 2011

 

Mayor

ATTEST:

 

 

 

 

 

 City Clerk