AGENDA MEMORANDUM

 

 

Meeting Date:           July 24, 2006

 

From:                          Jerry Boop, CPA, Deputy Finance Director

 

Subject:                      AFirst reading of an Oordinance amending the Fiscal Year 2005-06 Budget for the General, Capital Projects and Water Funds.

 

 

Staff Recommendation:

Adopt the attached Oordinance amending the fiscal year 2005-06 budget for the various funds.

 

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.

 

Budget adjustments are required due to the following changes:

 

Interior revision for the Public Works Building

Jessica Lunsford Act - fingerprinting

Commission Retreats

Advertising

Main Water Treatment Plant Piping Interconnect

Software Licenses for Electric Department

SAFERafer Grant

Community Building Repairs

GIS Software

Fiber Network Software Extensions

Air Traffic Control Tower

Rural Development Grant - City Hall Annex \-Business Incubator

FDOT Grant US Highway 441 Streetscape

Self Check Stations - Friends of the Library

Runway 13/31 Extension

Asbestos Survey

Technical Rescue Funding Grant

EMS Grant

 

 

 

 

Options:

1.  Adopt the attached Oordinance amending the fiscal year 2005-06 budget for the General, Capital Projects, and Water Funds.

2.  Such alternative action as the Commission may deem appropriate

 

 

Fiscal Impact

 

                                       FY2006                        FY2006                  

            FUND             CURRENT                  AMENDED                CHANGE

General                        24,117,745                  24,762,846                     645,101

Capital Projects           21,340,824                  22,496,534                  1,155,710

Water                           15,036,659                  15,218,159                     181,500

 

 

Submission Date and Time:    8/9/2006 1:10 PM8/8/2006 8:55 AM7/13/2006 2:08 PM____

 

Department: ______________________

Prepared by:  ______________________                     

Attachments:         Yes____   No ______

Advertised:   ____Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes___  No ____

                                                

_________________________________           

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 2005-06 BUDGET FOR THE GENERAL, CAPITAL, AND WATER FUND; AND PROVIDING AN EFFECTIVE DATE.

 

            WHEREAS, the City Commission of the City of Leesburg adopted a budget for Fiscal Year 2005-06 on September 26, 2005, 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 2005-06 to provide funds for various projects as adopted at City Commission meetings, and

 

            WHEREAS, such action was not anticipated in the original 2005-06 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 2005-06 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 2005-06 for the City of Leesburg,

 

            GENERAL FUND

 

            ESTIMATED REVENUES AND OTHER RECEIPTS

            Other Financing Sources:

                Transfer from Electric                                                                     28,753

                Transfer from Communications                                                       24,650

                Fund Balance Appropriated                                                                         180,898

                SAFER Grant                                                                                 252,000

                LOOP                                                                                                 50,000

                State Grant                                                                                      96,800

                Fire Impact Fees                                                                               12,000

            TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS  ­­­­     645,101

 

            PROPOSED APPROPRIATIONS

            General Government                                                                          100,303

            Public Safety                                                                                      494,798

            Culture/ Recreation                                                                             50,000

            TOTAL PROPOSED APPROPRIATIONS                                         645,101

 

 

 

 

            CAPITAL PROJECTS FUND      

           

            ESTIMATED REVENUES AND OTHER RECEIPTS

            Other Financing Sources:

                Transfer from General Fund                                                                        33,520

                 LOOP                                                                                           (50,000)

                 USDA Rural Development Grant                                                 565,000

                 FDOT Grant                                                                                 570,000

                 Contributions/ Donations                                                               37,190

            TOTAL ESTIMATED REVENUES AND OTHER                                1,155,710           

 

            PROPOSED APPROPRIATIONS

            General Government                                                                          585,000

            Culture/ Recreation                                                                            (12,810)

            Transportation                                                                                    583,520

            TOTAL PROPOSED APPROPRIATIONS                                  1,155,710

 

 

            WATER FUND

 

            ESTIMATED REVENUES AND OTHER RECEIPTS

            Other Financing Sources:

                 Appropriated RE Impact Fees                                                       181,500

            TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS       181,500        

 

            PROPOSED APPROPRIATIONS

            Physical Environment                                                                        181,500

            TOTAL PROPOSED APPROPRIATIONS                                     181,500

 

 

            ALL FUNDS

            ESTIMATED REVENUES AND OTHER RECEIPTS

            Other Financing Sources:

                Transfer from General Fund                                                                        33,520

                Transfer from Electric                                                                     28,753

                Transfer from Communications                                                         24,650

                Fund Balance Appropriated                                                                        180,898

                SAFER Grant                                                                                       252,000

                State Grant                                                                                        96,800

                Fire Impact Fees                                                                                12,000

                USDA Rural Development Grant                                                        565,000

                FDOT Grant                                                                                               570,000

                Contributions/ Donations                                                                 37,190

                Appropriated RE Impact Fees                                                          181,500

            TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS      1,982,311

 

           

 

            PROPOSED APPROPRIATIONS

            General Government                                                                           685,303

            Public Safety                                                                                        494,798

            Physical Environment                                                                         181,500

            Transportation                                                                                     583,520

            Culture/ Recreation                                                                               37,190

            TOTAL PROPOSED APPROPRIATIONS                                     1,982,311

 

 

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 regular meeting of the City Commission of the City of Leesburg, Florida held on the 24th day of July, 2006.

 

 

                                                                                 __________________________________

                                                                              Bob Lovell, Mayor

 

ATTEST:

 

 

 

__________________________________

  City Clerk