Description: AGENDAHED.JPG
  

Item No:                    5G.

 

Meeting Date:           July 22, 2013

 

From:                          Brandy MCDaniel, Budget Manager

 

Subject:                      First reading of an ordinance amending the fiscal year 2012-13 budget for the General and Capital Projects Funds for the Third Quarter.

 

 


Staff Recommendation:

Staff recommends adopting the attached ordinance amending the Fiscal Year 2012-13 budget for the General and Capital Projects 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:

JPA with FDOT to clear Airport obstructions

  from Runways 3 and 31                                         $     22,240          State Grant

Reduce Fire Overtime for Confined Space

  training which was to be provided to other

  departments                                                                 (34,560)         Transfer from Stormwater &   

            Wastewater

                                                                                                     

Total General Fund                                                $   (12,320)

 

Capital Projects:

JPA with FDOT for design, permitting, bidding       $  145,640          State Grant

  and construction phase services associated with

  an Airport project to extend Taxiway A

JPA with FDOT for bidding services associated

  with an Airport project to realign Taxiway A                 9,184          State Grant

 

Total Capital Projects Fund                                             $  154,824

 

 

 

 

Options:

1.  Adopt the attached ordinance amending the fiscal year 2012-13 budget for the General and Capital Projects Funds, or

2.  Such alternative action as the Commission may deem appropriate

 

Fiscal Impact: 

The following funds will increase/decrease as seen below:

 

FUND

FY 2013

ADOPTED

 

CHANGE

FY 2013

AMENDED

General

24,648,607

(12,320)

24,636,287

Stormwater

3,437,199

-0-

3,437,199

Greater Leesburg CRA

607,380

-0-

607,380

Carver Heights CRA

2,226,300

-0-

2,226,300

Hwy 441/27 CRA

1,127,040

-0-

1,127,040

Debt Service

2,600,818

-0-

2,600,818

Capital Projects

5,044,989

154,824

5,199,813

Electric

77,244,400

-0-

77,244,400

Gas

10,567,087

-0-

10,567,087

Water

12,025,405

-0-

12,025,405

Wastewater

12,130,994

-0-

12,130,994

Communications

2,526,822

-0-

2,526,822

Solid Waste

3,666,759

-0-

3,666,759

Police Pension

1,335,821

-0-

1,335,821

Fire Pension

1,429,917

-0-

1,429,917

General Employees Pension

2,737,439

-0-

2,737,439

Health Insurance

6,211,998

-0-

6,211,998

Workers’ Compensation

1,198,921

-0-

1,198,921

Discretionary Sales Tax

1,721,624

-0-

1,721,624

Gas Tax

940,093

-0-

940,093

Police Impact Fees

Recreation Impact Fees

Building Permits

                     22,486

50,000

438,870

-0-

-0-

-0-

22,486

50,000

438,870

Police Education Receipts

15,000

-0-

15,000

 

Fleet Services

3,721,592          

-0-

                       3,721,592

Magnolia Townhomes

                        -0-

   -0-

-0-

Total

$177,677,561

$142,504

$177,820,065

 


Submission Date and Time:    7/17/2013 3:15 PM____

 

Department: ______________________

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. _BLM___________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _various___________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________