HomeMy WebLinkAboutOrdinance 36-2005 ORDINANCE NO. 36-05
AN ORDINANCE ENTITLED"AN ORDINANCE AUTHORIZING A SUPPLEMENTAL
APPROPRIATION TO THE 2003 BUDGET FOR THE PURPOSE OF PROVIDING FOR
ADDITIONAL FUNDS FOR THE OPERATION OF THE CITY.
BE IT ORDAINED BY THE CITY OF BROOKINGS, SOUTH DAKOTA:
WHEREAS, there is a need to adjust the budget to respond to the actual revenues and expenditures in fiscal
year 2005,and
AND WHEREAS,Ordinance 22-05 was passed by special election on 9-27-05 creating a special fund known
as Retail Economic Development Investment Fund.
AND WHEREAS,Resolution 61-05,was passed by special election on 9-27-05 authorizing the purchase and
conveyance of real property for economic development purposes.
AND WHEREAS THE CITY CHARTER allows that"if during the fiscal year the City Manager certifies
that there are available for appropriation revenues in excess of those estimated in the budget, the City Council
by ordinance may make supplemental appropriations for the year up to the amount of such excess". This
Ordinance is declared to be for the support of the municipal government and its existing public institutions
and it shall be in full force and effect after its passage and publication.
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL that the City Manager be authorized
to make the following budget adjustments to the 2005 previously amended budget:
Budget Amendment#5
Policy and Administration 250,000 15,050
Public Safety 14,575
Public Works 37,000
Culture-Recreation (55,500) 44,000
Health&Welfare 3,200
Subsidies/Appropriations 30,166
Total General Government 194,500 143,991
Economic Development Invest 2,750,000 2,750,000
Library Fines 4,000
Library Donations 3,300 4,200
Industrial Development 260,000 300,000
Bed&Board Tax 300,000 260,000
Total Special Revenue 3,317,300 3,314,200
Soccer Complex-Donations 8,307
Family Aquatic Center-Loan (1,200,000)
Family Aquatic Center Interest 11,950
Total Capital Projects (1,179,743)
Airport 35,000 88,202
Solid Waste Disposal 150,500 145,461
Total Enterprise Funds 185,500 233,663
NOW,THEREFORE,BE IT RESOLVED that the 2005 Budget is amended as described above.
Passed and approved this 20th day of December,2005.
FIRST READING: December 13, 2005
SECOND READING: December 20, 2005
PUBLISHED: December 21, 2005
.gegTal
Sco t Dsterman,Mayor
ATT ST
7hoi?,4
hart Thornes,City Clerk
December 20,2005 City Council Packet
Public Hearing/Ordinances/Resolutions:
7. Second reading of Ordinance No. 36-05, Budget Amendment No. 5/Final for
2005 budget.
The enclosed 2005 Budget Amendment Ordinance is in response to the following issues:
I. Additional interest income.
2. Additional income from building permits.
3. Additional election expenses.
4. Additional legal publication expenses.
5. Reducing income projections for Parks and Forestry.
6. Increase in transfer to the Airport for study and grant matches.
7. Increase to cover additional streetlights for new developments.
8. Increase in parks to pay for street assessments.
9. Additional expenses caused by higher energy cost.
a. Increase in Taxi Subsidy.
b. Increase in contracted services for snow removal.
c. Increase in price for gasoline and diesel fuel.
10. Recognizing bond proceeds and distribution.
I I. Moving Regional Economic Development from Industrial Development
Fund to 3rd B Fund.
12. Recognizing donation to Soccer Complex
13. Reducing loan for the Family Aquatic Center to zero. Will be done in 2006.
14. Recognizing interest income within the Family Aquatic Center Fund.
15. Additional income within the Solid Waste Disposal
16. Establish reserves per resolution 33-05/State Loan Agreement.
17. Creating special fund line for bond proceeds per Ordinance 22-05.
18. Transfer of funds between Industrial Fund, General Fund and 3rd B.
This is the final budget amendment for 2005.
Action: Motion to Approve, Request Public Comment Roll Call
City Manager Recommendation: Approve
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December 20,2005 City Council Packet
Grand Total General Fund 250,000 199,491
RETAIL ECONOMIC DEV INVEST FUND
2900004xxx.xx Proceeds from bonds 2,750,000
2900005xxx.xx Economic Development Investment 2,750,000
LIBRARY FINES
2260004559.00 Fines 4,000
LIBRARY DONATIONS
2270004446.10 Donations 3,300
2270005899.99 Other Expenses 4,200
INDUSTRIAL DEVELOPMENT
2780005429.21 BEDC Incentive Fund 300,000
(Moving to B&B Fund 284)
Transfer in Cancelled 170,000
Transfer in from GF/moved to 3rd B 90,000
BED&BOARD TAX
2840005856.01 CVB 150,000
2840005856.02 Brookings Chamber 25,000
2840005856.73 Brookings Economic Development 100,000
2840005856.74 Downtown Business Inc 25,000
Transfer out Cancelled 170,000
Transfer in from GF 90,000
Total Special Revenue Funds 3,317,300 3,314,200
SOCCER COMPLEX
5100004360.00 Donation 8,307
FAMILY AQUATIC CENTER
5120004653.50 Private Loan 1,200,000
5120004661.00 Interest Income 11,950
Total Capital Projects 20,257 1,200,000
AIRPORT
6060006700.00 Transfer In from GF/Consulting 22,000
6060004861.09 Other income 13,000
6060005422.03 Consulting Services 57,000
6060005423.05 Advertising/Promotion Services 6,000
6060005920.00 Equipment 15,202
606000591 1.00 Building Improvements 10,000
Totals for Airport 35,000 88,202
SOLID WASTE DISPOSAL
6250004848.03 Landfill Tickets 150,500
6250005220.02 Restricted Post Closure 7,720
6250005220.03 Restricted Remedial -7,720
6250005422.09 Testing Services 15,000
6250005426.13 Diesel Fuel 4,500
6250005426.17 Uniforms 250
6250005470.09 Operation&Maintenance Reserve 75,000
6250005470.01 State Loan Principal 45,745
6250005470.02 State Loan Interest 4,466
6250005897.00 Interest Expense 500
Total Solid Waste Disposal 150,500 145,461
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