Description: AGENDAHED.JPG

 
Description: AGENDAHED.JPG

Item No:                    5H.

 

Meeting Date:           August 13, 2012

 

From:                          Brandy McDaniel, Budget Manager

 

Subject:                      Ordinance amending the fiscal year 2011-12 Budget for the General, , Carver Heights CRA, Hwy 441/27 CRA, Capital Projects, Electric, Water, Communications and Police Impact Fees Funds for the Third Quarter.

 

 


Staff Recommendation:

Staff recommends adopting the attached ordinance amending the fiscal year 2011-12 Budget for the General, Carver Heights CRA, Hwy 441/27 CRA, Capital Projects, Electric, Water, Communications and Police 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. 

 

These budget adjustments are required due to the following changes:

 

Fund

Amount

Source

General:

 

 

Public Safety Training Facility

       $  32,633

Fund Balance

FEMA Grant- Bunker Gear Extractors (Fire)

83,730

Federal Grant

GIS Technician Position (Change in    

          Accounting)

         (32,620)

Transfer from Stormwater

TD Bank Charitable Foundation Grant for    

          Training (Housing)

1,000

Contributions/Donations

CRA Coordinator Position (Change in  

         Accounting)

(55,799)

Transfer from Carver CRA

Total General Fund

$  28,944

 

 

 

 

Carver Heights CRA:

 

 

CDBG Grant for Berry Park

$  75,000

Federal Grant

Total Carver Heights CRA Fund

$ 75,000

 

 

 

 

Hwy 441/27 CRA:

 

 

Reduce Budget for Hwy 441/27 project

 ($3,691,573)

Fund Balance- Bond Proceeds

Total Capital Projects Fund

($ 3,691,573)

 

 

 

 

 

Capital Projects:

Public Safety Training Facility (Fire)

 

 

$       32,633

 

 

Transfer from General Fund

Public Safety Training Facility (Police)

  15,131

Transfer from Police Impact Fees

Airport Security Fence

623,280

State Grant

Reduce Budget for Airport Lighting Project

(60,000)

State Grant

Total Capital Projects Fund

$    611,044

 

 

 

Electric:

 

 

Reduce Budget for Hwy 441/27 project  

($3,691,573)

Transfer from Hwy 441/27 CRA

Total Electric Fund

($ 3,691,573)

 

 

 

Water:

 

 

Pat Robinson Award for Backflow Tester

$760

Miscellaneous Revenue

Total Water Fund

$ 760

 

 

 

 

Communications:

 

 

Reduce Lake County School Board

    Construction Budget

($125,000)

Renewal & Replacement, Fund Balance

Total Communications Fund

($125,000)

 

 

 

 

Police Impact Fees:

 

 

Public Safety Training Facility

 $ 15,131

Fund Balance

Total Police Impact Fees Fund

$ 15,131

 

 

 

 

Options:        

  1. Adopt the attached ordinance amending the fiscal year 2011-12 budget for General, , Carver Heights CRA, Hwy 441/27 CRA, Capital Projects, Electric, Water, Communications and Police 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 2012

ADOPTED

 

CHANGE

FY 2012

AMENDED

General

23,711,683

28,944

23,740,627

Stormwater

4,394,536

-0-

4,394,536

Greater Leesburg CRA

700,660

-0-

700,660

Carver Heights CRA

1,265,886

75,000

1,340,886

Hwy 441/27 CRA

5,723,304

(3,691,573)

2,031,731

Debt Service

1,628,054

-0-

1,628,054

Capital Projects

5,099,248

611,044

5,710,292

Electric

101,469,235

(3,691,573)

97,777,662

Gas

9,837,741

-0-

9,837,741

Water

13,247,706

760

13,248,466

Wastewater

11,673,194

-0-

11,673,194

Communications

2,635,864

(125,000)

2,510,864

Solid Waste

3,622,991

-0-

3,622,991

Police Pension

1,019,184

-0-

1,019,184

Fire Pension

1,220,868

-0-

1,220,868

General Employees Pension

2,375,000

-0-

2,375,000

Health Insurance

6,223,191

-0-

6,223,191

Workers’ Compensation

625,321

-0-

625,321

Discretionary Sales Tax

1,669,799

-0-

1,669,799

Gas Tax

977,705

-0-

977,705

Police Impact Fees

Recreation Impact Fees

Building Permits

5,800

58,964

435,607

15,131

-0-

-0-

20,931

58,964

435,607

Police Education Receipts

15,000

-0-

15,000

Magnolia Townhomes

                   156,093

                                 -0-

                         156,093

Total

$199,792,634

($6,777,267)

$193,015,367

 

Submission Date and Time:    8/9/12 3:01 PM____

 

Department: __Finance_____________

Prepared by:  __Brandy McDaniel__                      

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 2011-12 BUDGET FOR THE GENERAL, CARVER HEIGHTS CRA, HWY 441/27 CRA, CAPITAL PROJECTS, ELECTRIC, WATER, COMMUNICATIONS AND POLICE IMPACT FEES FUNDS FOR THE THIRD QUARTER; AND PROVIDING AN EFFECTIVE DATE.

 

          WHEREAS, the City Commission of the City of Leesburg Florida, adopted a budget for Fiscal Year 2011-12 on September 26, 2011, 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 2011-12 to provide funds for various projects as adopted at City Commission meetings, and

 

 

          WHEREAS, such action was not anticipated in the original 2011-12 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 2011-12 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 2011-12 for the City of Leesburg, Florida:

 

 

 

GENERAL FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Federal Grant

83,730

 

Contributions/Donations

1,000

 

Other Financing Sources:

 

  Fund Balance Appropriated

32,633

 

  Transfer from Stormwater

(32,620)

 

  Transfer from Carver CRA

(55,799)

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

28,944

 

 

 

 

 

 

 

 

PROPOSED APPROPRIATIONS

 

Public Safety

83,730

 

Physical Environment

(32,620)

 

Economic Environment

(54,799)

 

Other Uses:

 

  Transfers to Other Funds

32,633

 

TOTAL PROPOSED APPROPRIATIONS

28,944

 

 

CARVER HEIGHTS CRA FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Federal Grant

75,000

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

75,000

 

 

PROPOSED APPROPRIATIONS

 

 Economic Environment

75,000

 

TOTAL PROPOSED APPROPRIATIONS

75,000

 

 

Hwy 441/27 CRA FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Other Financing Sources:

 

  Fund Balance- Bond Proceeds

(3,691,573)

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

(3,691,573)

 

 

PROPOSED APPROPRIATIONS

 

Non Expenditures:

 

  Transfer to Electric Fund

(3,691,573)

 

TOTAL PROPOSED APPROPRIATIONS

(3,691,573)

 

 

CAPITAL PROJECTS FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

State Grant

563,280

 

 

 

Other Financing Sources:

 

 

 

  Transfer from Other Funds

47,764

 

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

611,044

 

 

 

 

 

 

PROPOSED APPROPRIATIONS

 

 

Public Safety

47,764

 

 

 

Transportation

563,280

 

 

 

TOTAL PROPOSED APPROPRIATIONS

611,044

 

 

ELECTRIC FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Other Financing Sources:

 

  Transfer from Other Funds

(3,691,573)

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

(3,691,573)

 

 

PROPOSED APPROPRIATIONS

 

Physical Environment

(3,691,573)

 

TOTAL PROPOSED APPROPRIATIONS

(3,691,573)

 

 

WATER FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Miscellaneous Revenue

760

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

760

 

 

PROPOSED APPROPRIATIONS

 

Physical Environment

760

 

TOTAL PROPOSED APPROPRIATIONS

760

 

 

COMMUNICATIONS FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Other Financing Sources:

 

  Renewal & Replacement

(57,216)

 

  Fund Balance

(67,784)

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

(125,000)

 

 

PROPOSED APPROPRIATIONS

 

Physical Environment

(125,000)

 

TOTAL PROPOSED APPROPRIATIONS

(125,000)

 

 

 

 

 

POLICE IMPACT FEES FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Other Financing Sources:

 

  Fund Balance

15,131

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

15,131

 

 

PROPOSED APPROPRIATIONS

 

Non-Expenditures:

 

  Transfer to Capital Projects Fund

15,131

 

TOTAL PROPOSED APPROPRIATIONS

15,131

 

 

 

ALL FUNDS

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Federal Grant

158,730

 

State Grant

563,280

 

Contributions/Donations

1,000

 

Miscellaneous Revenues

760

 

Other Financing Sources:

 

     Transfers from Other Funds

(3,732,228)

 

     Renewal & Replacement

(57,216)

 

     Fund Balance- Bond Proceeds

(3,691,573)

 

     Fund Balance Appropriated

(20,020)

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS

(6,777,267)

 

 

ALL FUNDS

 

PROPOSED APPROPRIATIONS

 

Public Safety

131,494

 

Physical Environment

(3,848,433)

 

Transportation

563,280

 

Economic Environment

20,201

 

Non Expenditures:

 

  Transfers to Other Funds

    (3,643,809)

 

TOTAL PROPOSED APPROPRIATIONS

(6,777,267)       

 

 


 

 

 

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 August, 2012.

 

 

Mayor

ATTEST:

 

 

 

 

 

 City Clerk