 |
AGENDA MEMORANDUM
Meeting Date: August 8, 2011
From: Brandy McDaniel, Budget Manager
Subject: Ordinance amending the fiscal year 2010-11 Budget for the General, Capital Projects, Electric, Water, Wastewater, Communications, Health Insurance and Recreation Impact Fees funds for the Third Quarter.
Staff recommends adoption of the attached ordinance amending the fiscal year 2010-11 budget for the General, Capital Projects, Electric, Water, Wastewater, Communications, Health Insurance and Recreation Impact Fees Funds for the Third 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.
*Subsequent to the first reading, the proposed General Fund budgetary adjustment was decreased by $12,000. The decrease was directly attributable to the relocation of Lakefront TV and a change in funding source from General Fund to Electric. The data center requirements of the Smartgrid project made it was necessary to move Lakefront TV to the available space at the old Parks office. An updated budget adjustment will be included on the Fourth Quarter budget adjustments.
These budget adjustments are required due to the following changes:
General Fund (G.F.): Funding Source
Community Emergency Response Team (FD)
(Lake Cty Eagle Aerie & Lk Cty Ladies Aux) $ 500 Contributions/Donations
Police Cruiser #8096 damaged Bikefest (Fleet) 5,201 Miscellaneous Reimbursement
Advertisement for 470 property (Housing) 2,728 Miscellaneous Reimbursement
Move Curb Rebuilds from Capital Projects
fund to General Fund (Streets) 73,205 Gas Tax
Children’s program at the Library 1,000 Contributions/Donations
Community Emergency Response Team (FD)
(Rotary donation, included in budget twice) (500) Contributions/Donations
Fuel Purchases (Marina) 30,000 Charges for Services
Total General Fund $ 112,134
Security Project (Airport) $ 149,081 State Grant
Move Curb Rebuilds from Capital Projects
fund to General Fund (Streets) (73,205) Gas Tax
Security Fencing & Design (Airport) 72,982 State Grant
Lee/Wildwood Trail Survey/Engineering 5,088 Recreation Impact Fees
Employee Wellness Clinic 411 Health Insurance Fund
Total Capital Projects Fund $ 154,357
Electric Fund:
Re-roof Transformer Shop $ 29,148 Renewal & Replacement
Total Electric Fund $ 29,148
Water Fund:
Renewal & Replacement Repairs $ 15,000 Renewal & Replacement
Total Water Fund $ 15,000
Wastewater Fund:
Renewal & Replacement Repairs $ 15,000 Renewal & Replacement
Total Wastewater Fund $ 15,000
Communications Fund:
College to Radio Rd project $ 25,000 Renewal & Replacement
Total Communications Fund $ 25,000
Health Insurance Fund:
Employee Wellness Center (Capital Projects) $ 411 Fund Balance
Total Health Insurance Fund $ 411
Recreation Impact Fees:
Lee/Wildwood Trail Survey/Engineering
(Capital Projects) $ 5,088 Fund Balance
Total Recreation Impact Fees $ 5,088
Options:
- Adopt the attached ordinance amending the fiscal year 2010-11 budget for the General, Capital Projects, Electric, Water, Wastewater, Communications, Health Insurance and Recreation Impact Fees Funds, or
- Such other action as the City Commission may deem necessary.
Fiscal Impact:
The following funds will increase as seen below:
|
FUND |
FY 2011 ADOPTED |
CHANGE |
FY 2011 AMENDED |
|||
|
General |
24,351,980 |
112,134 |
24,464,114 |
|||
|
Stormwater |
3,351,021 |
-0- |
3,351,021 |
|||
|
Greater Leesburg CRA |
622,429 |
-0- |
622,429 |
|||
|
Carver Heights CRA |
1,445,297 |
-0- |
1,445,297 |
|||
|
Hwy 441/27 CRA |
8,448,067 |
-0- |
8,448,067 |
|||
|
Debt Service |
1,689,539 |
-0- |
1,689,539 |
|||
|
Capital Projects |
3,199,856 |
154,357 |
3,354,213 |
|||
|
Electric |
84,139,467 |
29,148 |
84,168,615 |
|||
|
Gas |
11,069,620 |
-0- |
11,069,620 |
|||
|
Water |
14,686,622 |
15,000 |
14,701,622 |
|||
|
Wastewater |
10,456,148 |
15,000 |
10,471,148 |
|||
|
Communications |
1,588,279 |
25,000 |
1,613,279 |
|||
|
Solid Waste |
3,627,791 |
-0- |
3,627,791 |
|||
|
Police Pension |
863,445 |
-0- |
863,445 |
|||
|
Fire Pension |
1,394,669 |
-0- |
1,394,669 |
|||
|
General Employees Pension |
2,415,000 |
-0- |
2,415,000 |
|||
|
Health Insurance |
5,347,468 |
411 |
5,347,879 |
|||
|
Workers’ Compensation |
625,321 |
-0- |
625,321 |
|||
|
Discretionary Sales Tax |
1,772,446 |
-0- |
1,772,446 |
|||
|
Gas Tax |
1,130,772 |
-0- |
1,130,772 |
|||
|
||||||
|
Recreation Impact Fees |
20,000 |
5,088 |
25,088 |
|||
|
Building Permits |
414,473 |
-0- |
414,473 |
|||
|
Police Forfeiture |
14,000 |
-0- |
14,000 |
|||
|
Police Education Receipts |
10,350 |
-0- |
10,350 |
|||
|
Magnolia Townhomes |
188,773 |
-0- |
188,773 |
|||
|
Total |
$182,872,833 |
$356,138 |
$183,228,971 |
|||
Submission Date and Time: 8/3/11 12:12 PM____
|
Department: ______________________ Prepared by: __________________ Attachments: Yes____ No ______ Advertised: ____Not Required ______ Dates: __________________________ Newspapers: _________________________________ _________________________________ 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 2010-11 BUDGET FOR THE GENERAL, CAPITAL PROJECTS, ELECTRIC, WATER, WASTEWATER, COMMUNICATIONS, HEALTH INSURANCE AND RECREATION IMPACT FEES FUNDS FOR THE THIRD QUARTER; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Commission of the City of Leesburg adopted a budget for Fiscal Year 2010-11 on September 27, 2010, 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 2010-11 to provide funds for various projects as adopted at City Commission meetings, and
WHEREAS, such action was not anticipated in the original 2010-11 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 2010-11 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 2010-11 for the City of Leesburg, Florida:
|
GENERAL FUND |
|
|
|
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Miscellaneous Revenues |
7,929 |
|
Contributions/Donations |
1,000 |
|
Charges for Services |
30,000 |
|
Other Financing Sources: |
|
|
Transfer from Gas Tax |
73,205 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
112,134 |
|
|
|
|
PROPOSED APPROPRIATIONS |
|
|
General Government |
5,201 |
|
Culture/Recreation |
31,000 |
|
Transportation |
73,205 |
|
Economic Environment |
2,728 |
|
TOTAL PROPOSED APPROPRIATIONS |
112,134 |
|
CAPITAL PROJECTS FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
State Grant |
222,063 |
|
Other Financing Sources: |
|
|
Transfers from Other Funds |
(67,706) |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
154,357 |
|
|
|
|
CAPITAL PROJECTS FUND |
|
|
PROPOSED APPROPRIATIONS |
|
|
General Government |
411 |
|
Transportation |
148,858 |
|
Culture/ Recreation |
5,088 |
|
TOTAL PROPOSED APPROPRIATIONS |
154,357 |
|
|
|
|
ELECTRIC FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Other Financing Sources: |
|
|
Fund Balance Appropriated- Renewal & Replacement |
29,148 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
29,148 |
|
PROPOSED APPROPRIATIONS |
|
|
Physical Environment |
29,148 |
|
TOTAL PROPOSED APPROPRIATIONS |
29,148 |
|
|
|
|
WATER FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Other Financing Sources: |
|
|
Fund Balance Appropriated- Renewal & Replacement |
15,000 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
15,000 |
|
|
|
|
PROPOSED APPROPRIATIONS |
|
|
Physical Environment |
15,000 |
|
TOTAL PROPOSED APPROPRIATIONS |
15,000 |
|
|
|
|
WASTEWATER FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Other Financing Sources: |
|
|
Fund Balance Appropriated- Renewal & Replacement |
15,000 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
15,000 |
|
|
|
|
|
|
|
WASTEWATER FUND (CONT.) PROPOSED APPROPRIATIONS |
|
|
Physical Environment |
15,000 |
|
TOTAL PROPOSED APPROPRIATIONS |
15,000 |
|
|
|
|
COMMUNICATIONS FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Other Financing Sources: |
|
|
Fund Balance Appropriated- Renewal & Replacement |
25,000 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
25,000 |
|
|
|
|
PROPOSED APPROPRIATIONS |
|
|
Physical Environment |
25,000 |
|
TOTAL PROPOSED APPROPRIATIONS |
25,000 |
|
|
|
|
HEALTH INSURANCE FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Other Financing Sources: |
|
|
Fund Balance Appropriated |
411 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
411 |
|
|
|
|
PROPOSED APPROPRIATIONS |
|
|
Other Uses: |
|
|
Transfers to other Funds |
411 |
|
TOTAL PROPOSED APPROPRIATIONS |
411 |
|
|
|
|
RECREATION IMPACT FEES FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Other Financing Sources |
|
|
Fund Balance Appropriated |
5,088 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
5,088 |
|
|
|
|
PROPOSED APPROPRIATIONS |
|
|
Other Uses: |
|
|
Transfer to Other Funds |
5,088 |
|
TOTAL PROPOSED APPROPRIATIONS |
5,088 |
|
|
|
ALL FUNDS |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Contributions/Donation |
1,000 |
|
Miscellaneous Revenues |
7,929 |
|
Charges for Services |
30,000 |
|
State Grant |
222,063 |
|
Other Financing Sources: |
|
|
Fund Balance Appropriated |
5,499 |
|
Fund Balance Appropriated- Renewal & Replacement |
84,148 |
|
Transfers from Other Funds |
5,499 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
356,138 |
|
|
|
|
ALL FUNDS |
|
|
PROPOSED APPROPRIATIONS |
|
|
General Government |
5,612 |
|
Transportation |
222,063 |
|
Economic Environment |
2,728 |
|
Physical Environment |
84,148 |
|
Culture & Recreation |
36,088 |
|
Other Uses: |
|
|
Transfers to Other Funds |
5,499 |
|
TOTAL PROPOSED APPROPRIATIONS |
356,138 |
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 _____ day of July, 2011.
______________________________
Mayor
ATTEST:
______________________________
City Clerk