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AGENDA MEMORANDUM
Meeting Date: July 13, 2009
From: Brandy McDaniel, Budget Manager
Subject: Ordinance Amending the Fiscal Year 2008-09 Budget for the General, Hwy 441/27 CRA, Capital Projects, Water, Wastewater, Communications, Discretionary Sales Tax, and Magnolia Townhomes Funds for the Third Quarter
Staff recommends adopting the attached ordinance amending the Fiscal Year 2008-09 budget for the General, Hwy 441/27 CRA, Capital Projects, Water, Wastewater, Communications, Discretionary Sales Tax, and Magnolia Townhomes 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: |
|
|
|
Recreation Programs |
($ 26,970) |
Activities Fees Revenue |
|
State Revenue Revisions |
($ 79,111) |
Half Cent Sales Tax/ Revenue |
|
|
|
Sharing Revenue |
|
175 Fire Pension Plan |
$ 266,581 |
Fund Balance |
|
Local Option Gas Tax moved to Capital |
|
|
|
Projects Fund |
($ 611,000) |
Transfer to Capital Projects |
|
FDOT MOA- Non Landscape portion |
|
|
|
Hwy 441 |
$ 9,156 |
DOT JPA Revenue |
|
EMS grant for Computer aided dispatch |
|
|
|
Equipment |
$ 38,400 |
State Grants |
|
Purchase of Communications Truck |
$ 55,000 |
Transfer from Communications |
|
Total General Fund |
($ 347,944) |
|
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|
|
|
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|
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|
|
|
Fund |
Amount |
Source |
|
Hwy 441/27 CRA: |
|
|
|
Yellow Jacket Way- FDOT JPA |
$ 63,000 |
FDOT Revenue |
|
Total Hwy 441/27 CRA |
$ 63,000 |
|
|
|
|
|
|
Capital Projects: |
|
|
|
Remarcinite Venetian Gardens Pool |
($ 45,000) |
Transfer from General Fund |
|
RW 13/31 Mitigation Phase II |
($112,500) |
State Grant |
|
RW 13/31 Mitigation Phase II |
($112,500) |
Transfer from Discretionary |
|
|
|
Sales Tax |
|
Total Capital Projects Fund |
($ 270,000) |
|
|
|
|
|
|
Water: |
|
|
|
Leesburg Reclaimed Water project |
$176,007 |
State Grant-SJRWMD |
|
Leesburg Reclaimed Water project |
$176,006 |
State Grant-JPA |
|
Fire Pump VFD Royal Highlands |
$ 8,131 |
Renewal & Replacement |
|
High Service Pump Replacement |
$ 10,130 |
Renewal & Replacement |
|
Total Water Fund |
$370,274 |
|
|
|
|
|
|
Wastewater: |
|
|
|
Generator at Turnpike WWTF |
$ 19,708 |
Renewal & Replacement |
|
Total Wastewater Fund |
$ 19,708 |
|
|
|
|
|
|
Communications: |
|
|
|
Purchase of Communications Truck |
$ 55,000 |
Transfer to General Fund |
|
Total Communications Fund |
$ 55,000 |
|
|
|
|
|
|
Discretionary Sales Tax: |
|
|
|
RW 13/31 Mitigation Phase II |
($112,500) |
Transfer to Capital Projects |
|
Total Discretionary Sales Tax Fund |
($112,500) |
|
|
|
|
|
|
Magnolia Townhomes: |
|
|
|
Building Renovation |
$500,000 |
Federal Home Loan Bank Grant |
|
Infrastructure Improvements |
$250,000 |
CDBG Grant |
|
Total Magnolia Townhomes Fund |
$750,000 |
|
|
|
|
|
Options:
- Adopt the attached ordinance amending the fiscal year 2008-09 budget for the General, Hwy 441/27 CRA, Capital Projects, Water, Wastewater, Communications, Discretionary Sales Tax and Magnolia Townhomes, or
- Such other action as the City Commission may deem necessary.
Fiscal Impact:
The following funds will increase/decrease as seen below:
|
FUND |
FY 2009 CURRENT |
CHANGE |
FY 2009 AMENDED |
|
General |
$ 25,428,649 |
$ (347,944) |
$ 25,080,705 |
|
Hwy 441/27 CRA |
3,469,177 |
63,000 |
3,532,177 |
|
Capital Projects |
15,812,723 |
(270,000) |
15,542,723 |
|
Water |
18,764,307 |
370,274 |
19,134,581 |
|
Wastewater |
12,481,281 |
19,708 |
12,500,989 |
|
Communications |
1,189,221 |
55,000 |
1,244,221 |
|
Discretionary Sales Tax |
1,915,927 |
(112,500) |
1,803,427 |
|
Magnolia Townhomes |
1,267,500 |
750,000 |
2,017,500 |
|
Total |
$ 80,328,785 |
$ 527,538 |
$ 80,856,323 |
Submission Date and Time: 7/9/2009 5:21 PM____
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Department: ______________________ Prepared by: ______________________ Attachments: Yes____ No ______ Advertised: ____Not Required ______ Dates: __________________________ Attorney Review : Yes___ No ____
_________________________________ Revised 6/10/04 |
Reviewed by: Dept. Head ________
Finance Dept. __________JB________
Deputy C.M. ___________________ Submitted by: City Manager ___________________ |
Account No. _________________
Project No. ___________________
WF No. ______________________
Budget ______________________
Available _____________________ |
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ORDINANCE NO.____________________ |
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AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA AMENDING THE FISCAL YEAR 2008-09 BUDGET FOR THE GENERAL, HWY 441/27 CRA, CAPITAL PROJECTS, WATER, WASTEWATER, COMMUNICATIONS, DISCRETIONARY SALES TAX, AND MAGNOLIA TOWNHOMES FUNDS FOR THE THIRD QUARTER; AND PROVIDING AN EFFECTIVE DATE. |
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WHEREAS, the City Commission of the City of Leesburg adopted a budget for Fiscal Year 2008-09 on September 22, 2008, which they felt was in the best interest of the citizens of the City of Leesburg, and |
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WHEREAS, it is now necessary to amend the current budget for Fiscal Year 2008-09 to provide funds for various projects as adopted at City Commission meetings, and |
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WHEREAS, such action was not anticipated in the original 2008-09 annual budget; |
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NOW THEREFORE, BE IT ENACTED BY THE PEOPLE OF THE CITY OF LEESBURG, FLORIDA: |
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SECTION I. |
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Pursuant to Section 200.065, Florida Statutes, and all other applicable laws, the following amounts for use by the various funds during Fiscal Year 2008-09 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 2008-09 for the City of Leesburg, Florida: |
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GENERAL FUND |
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ESTIMATED REVENUES AND OTHER RECEIPTS |
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|
Charges for Services |
(26,970) |
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Intergovernmental Revenue |
(31,555) |
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Taxes |
(611,000) |
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Other Financing Sources: |
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Fund Balance Appropriated |
266,581 |
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Transfer from Communications |
55,000 |
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TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
(347,944) |
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PROPOSED APPROPRIATIONS |
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General Government |
93,400 |
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Culture/ Recreation |
(26,970) |
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Public Safety |
266,581 |
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Reserve for Future Use |
(69,955) |
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Transfer to Capital Projects |
(611,000) |
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TOTAL PROPOSED APPROPRIATIONS |
(347,944) |
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HWY 441/27 CRA |
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ESTIMATED REVENUES AND OTHER RECEIPTS |
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Intergovernmental Revenue |
63,000 |
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TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
63,000 |
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PROPOSED APPROPRIATIONS |
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Economic Environment |
63,000 |
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TOTAL PROPOSED APPROPRIATIONS |
63,000 |
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CAPITAL PROJECTS FUND |
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ESTIMATED REVENUES AND OTHER RECEIPTS |
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Intergovernmental Revenue |
(112,500) |
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Other Financing Sources: |
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Other Sources- Transfer from General Fund |
(157,500) |
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TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
(270,000) |
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PROPOSED APPROPRIATIONS |
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Culture/ Recreation |
(45,000) |
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Transportation |
(225,000) |
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TOTAL PROPOSED APPROPRIATIONS |
(270,000) |
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WATER FUND |
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ESTIMATED REVENUES AND OTHER RECEIPTS |
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Intergovernmental Revenue |
352,013 |
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Other Financing Sources: |
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Renewal & Replacement |
18,261 |
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TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
370,274 |
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PROPOSED APPROPRIATIONS |
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Physical Environment |
370,274 |
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TOTAL PROPOSED APPROPRIATIONS |
370,274 |
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WASTEWATER FUND |
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ESTIMATED REVENUES AND OTHER RECEIPTS |
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Other Financing Sources: |
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Renewal & Replacement |
19,708 |
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TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
19,708 |
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PROPOSED APPROPRIATIONS |
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Physical Environment |
19,708 |
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TOTAL PROPOSED APPROPRIATIONS |
19,708 |
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COMMUNICATIONS FUND |
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ESTIMATED REVENUES AND OTHER RECEIPTS |
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Other Financing Sources: |
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Fund Balance Appropriated |
55,000 |
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TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
55,000 |
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PROPOSED APPROPRIATIONS |
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Other Uses- Transfer to General Fund |
55,000 |
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TOTAL PROPOSED APPROPRIATIONS |
55,000 |
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DISCRETIONARY SALES TAX FUND |
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ESTIMATED REVENUES AND OTHER RECEIPTS |
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Other Financing Sources: |
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Fund Balance Appropriated |
(112,500) |
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TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
(112,500) |
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PROPOSED APPROPRIATIONS |
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Other Uses- Transfer to Capital Projects |
(112,500) |
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TOTAL PROPOSED APPROPRIATIONS |
(112,500) |
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MAGNOLIA TOWNHOMES FUND |
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ESTIMATED REVENUES AND OTHER RECEIPTS |
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Intergovernmental Revenue |
750,000 |
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TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
750,000 |
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PROPOSED APPROPRIATIONS |
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Economic Environment |
750,000 |
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TOTAL PROPOSED APPROPRIATIONS |
750,000 |
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ESTIMATED REVENUES AND OTHER RECEIPTS |
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Other Financing Sources: |
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Charges for Services |
(26,970) |
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Fund Balance Appropriated |
209,081 |
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Intergovernmental Revenue |
1,020,958 |
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Renewal & Replacement |
37,969 |
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Taxes |
(611,000) |
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Other Sources- Transfers from Other Funds |
(102,500) |
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TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS |
527,538 |
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ALL FUNDS |
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PROPOSED APPROPRIATIONS |
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General Government |
93,400 |
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Physical Environment |
389,982 |
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Culture & Recreation |
(71,970) |
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Public Safety |
266,581 |
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Transportation |
(225,000) |
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Economic Environment |
813,000 |
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Reserve for Future Use |
(69,955) |
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Other Uses- Transfer to Other Funds |
(668,500) |
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TOTAL PROPOSED APPROPRIATIONS |
527,538 |
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SECTION II. |
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This ordinance shall become effective upon its passage and adoption by the Leesburg City Commission in the manner provided by law. |
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PASSED AND ADOPTED at a regular meeting of the City Commission of the City of Leesburg, Florida held on the 13th day of July, 2009. |
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Mayor |
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ATTEST: |
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City Clerk |
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