AGENDA MEMORANDUM

 

Meeting Date:           February 12, 2007

 

FROM:                       Jerry Boop, CPA, Deputy Finance Director

 

SUBJECT:                  Ordinance amending the Fiscal Year 2006-07 Budget for the General, Stormwater, Capital Projects, Gas, Water and Wastewater Funds for carryovers from fiscal year 2005-06

 

Staff Recommendation:

Adopt the attached ordinance amending the fiscal year 2006-07 budget for the General, Stormwater, Capital Projects, Gas, Water, and Wastewater 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. 

 

This budget adjustment is requesting the roll-over of items budgeted last year, but which were not completed and also items that were on order (by approved purchase orders) but had not been received as of September 30, 2006.  By Commission policy, even if it is anticipated at the time we are preparing the budget for the next year that a project will not be completed in the year in which it is budgeted, we do not include these sums in the annual budget, but re-authorize those projects with a roll-over budget ordinance. The following project carryovers from fiscal year 2005-06 are part of the budget adjustment presented.

 

Department

Capital Projects

Amount

General

Professional Services

57,144

 

Airport Advertising

10,000

 

Tactical Vests

3,281

 

Fleet equipment

404,319

 

 

475,044

 

 

 

Stormwater

Tally Basin

103,220

 

Marshall Drive

13,014

 

Stormwater Master Plan

5,230

 

Professional Services

36,049

 

Canal Street WWTF

74,700

 

Carver Heights Basin

358,358


 

Department

Capital Projects

Amount

Stormwater (cont.)

Venetian Gardens Basin

75,000

 

Whispering Pines

872,280

 

 

1,537,851

 

 

 

Capital Projects

Environmental Assessment

45,170

 

Small Corporate Hangars

572,043

 

Air Traffic Control Tower

259,224

 

Overcoat GA Ramp Area

150,000

 

FBO Ramp Space Phase II

360,000

 

Magnolia Street

145,143

 

Mast Arms

238,052

 

Lake & Main St

79,550

 

US Hwy 441 Streetscape

796,959

 

Canal Street

308,806

 

Susan Street Connector Phase I

150,000

 

City Hall Annex/ Incubator

522,579

 

Harden City Hall

230,808

 

Harden Public Works

111,227

 

City Hall Parking Lot

903,244

 

Library

2,597,456

 

Community/ Rec Bldg

27,094

 

Dog Park

74,024

 

Gymnasium

705,954

 

Venetian Master Plan

100,000

 

Sleepy Hollow Complex

166,974

 

Harden Community Bldg

187,216

 

 

8,731,523

 

 

 

Gas

Sanders Grove

17,389

 

Legacy

4,697

 

 

22,086

 

 

 

Water

Professional Services

300,682

 

Impact Fee Study

4,555

 

Well #8 Rehab

5,220

 

Booster Pump- East

9,739

 

Elevated Tank- College St

1,592

 

Elevated Tank- Newell Hill

1,593

 

Royal Highlands WTP

86,898

 

True Temp Bldg

24,791

 

Reuse Water Plant

2,233,269

 

Airport WTP

307,739

 

Main WTP

181,500

 

 

3,157,578

 

 

 

 

 

 


 

Department

Capital Projects

Amount

Wastewater

Impact Fee Study

4,556

 

Professional Services

4,923

 

CMOM Assessment Program

32,500

 

Canal Street Plant

4,835,024

 

SCADA System

25,411

 

Plantation

146,250

 

 

5,048,664

 

 

 

 

Total

18,972,746

 

 

 

Options:        

1.         Adopt the attached ordinance amending the fiscal year 2006-07 budget for the General, Stormwater, Capital Projects, Gas, Water, and Wastewater Funds, or

 

2.         Such other action as the City Commission may deem necessary.

 

 

Fiscal Impact

The following funds will increase as seen below:

 

 

 

FUND

FY 2007

CURRENT

 

CHANGE

FY 2007

AMENDED

General

29,040,054

475,044

29,515,098

Stormwater

2,369,591

1,537,851

3,907,442

Capital Projects

13,442,669

8,731,523

22,174,192

Gas

13,142,367

22,086

13,164,453

Water

14,995,872

3,157,578

18,153,450

Wastewater

14,642,056

5,048,664

19,690,720

 

 

 

 

                        Total

87,632,609

18,972,746

106,605,355

 

Submission Date and Time:    2/21/07 4:05 PM2/21/07 12:45 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 __________RS_________

 

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 2006-07 BUDGET TO PROVIDE FOR CARRYOVER FUNDS FOR PROJECTS NOT COMPLETED IN THE 2005-06 BUDGET YEAR FOR THE GENERAL, STORMWATER, CAPITAL PROJECTS, GAS, WATER, AND WASTEWATER FUNDS; AND PROVIDING AN EFFECTIVE DATE.

 

WHEREAS, the City Commission of the City of Leesburg adopted a budget for Fiscal Year 2006-07 on September 25, 2006, 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 2006-07  to provide for carryover funds for projects not completed in the 2005-06 budget year for funds for various projects as adopted at City Commission meetings, and

 

WHEREAS, such action was not anticipated in the original 2006-07 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 2006-07 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 2006-07 for the City of Leesburg, Florida:

 

GENERAL FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Other Financing Sources:

 

   Fund Balance Appropriated                                                             475,044

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS      475,044

 

PROPOSED APPROPRIATIONS

 

General Government                                                                           435,076

 

Public Safety                                                                                            3,281

 

Transportation                                                                                       34,989

Physical Environment                                                                              1,698

 

TOTAL PROPOSED APPROPRIATIONS                                      475,044

 


STORMWATER FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Other Financing Sources:

 

    State Grant                                                                                      454,164

   

    Grants- Other Local Units                                                              454,165

 

    Fund Balance Appropriated                                                             629,522

 

   

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS   1,537,851                    

 

PROPOSED APPROPRIATIONS

 

Physical Environment                                                                       1,537,851

 

TOTAL PROPOSED APPROPRIATIONS                                   1,537,851

 

CAPITAL PROJECTS FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Other Financing Sources:

 

    Fund Balance Appropriated                                                         1,412,003

 

    State Grants                                                                                 1,781,204

 

    Federal Grants                                                                                919,645

 

    Grants-Other Local Units                                                                 79,550

 

    Contributions/Donations                                                               104,068

 

    Debt Proceeds                                                                             4,453,053

 

TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS  8,731,523

 

 

GAS FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Other Financing Sources:

 

    Fund Balance Appropriated                                                                         22,086

 

            TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS       22,086

 

 

 PROPOSED APPROPRIATIONS

 

Physical Environment                                                                           22,086

 

TOTAL PROPOSED APPROPRIATIONS                                       22,086

 

WATER FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Other Financing Sources:

 

    Fund Balance Appropriated                                                         1,637,578

 

    State Grant                                                                                  1,520,000

 

TOTAL ESTIMATED REVENUES AND

OTHER RECEIPTS           3,157,578

 

PROPOSED APPROPRIATIONS

 

Physical Environment                                                                     3,157,578

 

TOTAL PROPOSED APPROPRIATIONS                                  3,157,578

 

WASTEWATER FUND

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

Other Financing Sources:

 

    Fund Balance Appropriated                                                        5,048,664

 

TOTAL ESTIMATED REVENUES AND

OTHER RECEIPTS          5,048,664

 

 

PROPOSED APPROPRIATIONS

 

Physical Environment                                                                    5,048,664

 

TOTAL PROPOSED APPROPRIATIONS                                 5,048,664

 

ALL FUNDS

 

ESTIMATED REVENUES AND OTHER RECEIPTS

 

           Other Financing Sources:

 

                State Grants                                                                               3,755,368

                 

              Grants/Other Local Units                                                              533,715

 

              Federal Grant                                                                                 919,645

 

              Fund Balance Appropriated                                                         9,224,897

 

              Contributions/Donations                                                               104,068

 

              Debt Proceeds                                                                             4,435,053

 

           TOTAL ESTIMATED REVENUES AND

OTHER RECEIPTS       18,972,746

 

           ALL FUNDS

 

           PROPOSED APPROPRIATIONS

 

           General Government                                                                      2,202,934

 

           Public Safety                                                                                         3,281

 

           Physical Environment                                                                    9,767,877

 

           Transportation                                                                               3,103,544

 

           Culture/Recreation                                                                        3,895,110

 

           TOTAL PROPOSED APPROPRIATIONS                               18,972,746

 

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 26th day of February, 2007.

 

 

                                                                            ________________________________________

                                                                                     Sanna Henderson, Mayor

 

 

ATTEST:

 

 

_______________________________________   

City Clerk