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AGENDA MEMORANDUM
Meeting Date: December 12, 2011
From: Brandy McDaniel, Budget Manager
Subject: Ordinance amending the fiscal year 2010-11 Budget for the General, Stormwater, Capital Projects, Electric, Water, Wastewater and Discretionary Sales Tax funds for the Fourth Quarter.
Staff recommends adoption of the attached ordinance amending the fiscal year 2010-11 budget for the General, Stormwater, Capital Projects, Electric, Water, Wastewater and Discretionary Sales Tax 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:
General Fund (G.F.): Funding Source
Lifepak 15 Monitor Grant (FD) $ 23,053 State Grant
US Dept of Justice Byrne Grant (PD) 16,621 Federal Grant
WWT Generator (PW- Fleet) 50,000 Transfer from WWT
Police Cruiser #8051 Accident (PD) 2,406 Miscellaneous Reimbursement
Lakefront TV Relocation (PW) 11,098 Transfer from Electric
Water Generator #3020 damaged (PW-Fleet) 50,589 Miscellaneous Reimbursement
JAG Grant (PD) 20,829 Federal Grant
Total General Fund $ 174,596
Stormwater Fund:
Recognize Depreciation Expense $ 493,409 Fund Balance
Total Stormwater Fund $ 493,409
Capital Projects Fund:
Update Signage Project (Airport) $ (20,001) Federal & State Grant
Wildlife Hazard Assessment Project (Airport) 77,336 Federal Grant
Total Capital Projects Fund $ 57,335
Electric Fund:
Lakefront TV Relocation
(transfer to G.F., Water & WWT) $ 12,480 Fund Balance
Total Electric Fund $ 12,480
Water Fund:
Lakefront TV Relocation $ 691 Transfer from Electric
Water Generator #3020 damaged 23,130 Miscellaneous Reimbursement
Total Water Fund $ 23,821
Wastewater Fund:
Lakefront TV Relocation $ 691 Transfer from Electric
Total Wastewater Fund $ 691
Discretionary Sales Tax Fund:
Mitigation for RW 13/31 & Taxiway A
(funding for Capital Projects Fund- Airport) $ (10,077) Fund Balance
Total Discretionary Sales Tax Fund $ (10,077)
Options:
- Adopt the attached ordinance amending the fiscal year 2010-11 budget for the General, Stormwater, Capital Projects, Electric, Water, Wastewater and Discretionary Sales Tax 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 |
24,464,114 |
174,596 |
24,638,710 |
|||
|
Stormwater |
3,351,021 |
493,409 |
3,844,430 |
|||
|
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 |
3,354,213 |
57,335 |
3,411,548 |
|||
|
Electric |
84,168,615 |
12,480 |
84,181,095 |
|||
|
Gas |
11,069,620 |
-0- |
11,069,620 |
|||
|
Water |
14,701,622 |
23,821 |
14,725,443 |
|||
|
Wastewater |
10,471,148 |
691 |
10,471,839 |
|||
|
Communications |
1,613,279 |
-0- |
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 |
5,347,879 |
-0- |
5,347,879 |
|||
|
Workers’ Compensation |
625,321 |
-0- |
625,321 |
|||
|
Discretionary Sales Tax |
1,772,446 |
(10,077) |
1,762,369 |
|||
|
Gas Tax |
1,130,772 |
-0- |
1,130,772 |
|||
|
||||||
|
Recreation Impact Fees |
25,088 |
-0- |
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 |
$183,228,971 |
$752,255 |
$183,981,226 |
|||
Submission Date and Time: 1/5/12 1:47 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, STORMWATER, CAPITAL PROJECTS, ELECTRIC, WATER, WASTEWATER AND DISCRETIONARY SALES TAX FUNDS FOR THE FOURTH 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 |
52,995 |
|
Intergovernmental Revenue |
60,503 |
|
Other Financing Sources: |
|
|
Transfer from Electric |
11,098 |
|
Transfer from Wastewater |
50,000 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
174,596 |
|
|
|
|
PROPOSED APPROPRIATIONS |
|
|
General Government |
111,687 |
|
Public Safety |
62,909 |
|
TOTAL PROPOSED APPROPRIATIONS |
174,596 |
|
STORMWATER FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Other Financing Sources: |
|
|
Fund Balance Appropriated |
493,409 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
493,409 |
|
|
|
|
PROPOSED APPROPRIATIONS |
|
|
Physical Environment |
493,409 |
|
TOTAL PROPOSED APPROPRIATIONS |
493,409 |
|
|
|
|
CAPITAL PROJECTS FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Intergovernmental Revenue |
57,335 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
57,335 |
|
|
|
|
PROPOSED APPROPRIATIONS |
|
|
Transportation |
57,335 |
|
TOTAL PROPOSED APPROPRIATIONS |
57,335 |
|
|
|
|
ELECTRIC FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Other Financing Sources: |
|
|
Fund Balance Appropriated |
12,480 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
12,480 |
|
PROPOSED APPROPRIATIONS |
|
|
Non Expenditures: |
|
|
Transfer to General Fund |
11,098 |
|
Transfer to Water Fund |
691 |
|
Transfer to Wastewater Fund |
691 |
|
TOTAL PROPOSED APPROPRIATIONS |
12,480 |
|
|
|
|
WATER FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Miscellaneous Revenues |
23,130 |
|
Other Financing Sources: |
|
|
Transfer from Electric |
691 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
23,821 |
|
|
|
|
PROPOSED APPROPRIATIONS |
|
|
Physical Environment |
23,821 |
|
TOTAL PROPOSED APPROPRIATIONS |
23,821 |
|
WASTEWATER FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Other Financing Sources: |
|
|
Transfer from Electric |
691 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
691 |
|
|
|
|
PROPOSED APPROPRIATIONS |
|
|
Physical Environment |
691 |
|
TOTAL PROPOSED APPROPRIATIONS |
691 |
|
|
|
|
DISCRETIONARY SALES TAX FUND |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Other Financing Sources: |
|
|
Fund Balance Appropriated |
(10,077) |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
(10,077) |
|
|
|
|
PROPOSED APPROPRIATIONS |
|
|
Other Uses |
(10,077) |
|
TOTAL PROPOSED APPROPRIATIONS |
(10,077) |
|
ALL FUNDS |
|
|
ESTIMATED REVENUES AND OTHER RECEIPTS |
|
|
Miscellaneous Revenues |
76,125 |
|
Intergovernmental Revenue |
117,838 |
|
Other Financing Sources: |
|
|
Fund Balance Appropriated |
495,812 |
|
Transfers from Other Funds |
62,480 |
|
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
752,255 |
|
|
|
|
ALL FUNDS |
|
|
PROPOSED APPROPRIATIONS |
|
|
General Government |
111,687 |
|
Transportation |
57,335 |
|
Public Safety |
62,909 |
|
Physical Environment |
517,921 |
|
Other Uses |
(10,077) |
|
Non Expenditures: |
|
|
Transfers to Other Funds |
12,480 |
|
TOTAL PROPOSED APPROPRIATIONS |
752,255 |
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 , 2012.
______________________________
Mayor
ATTEST:
_____________________________________
City Clerk