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Home My WebLink AboutCOUNCIL - AGENDA ITEM - 10/28/2008 - SECOND READING OF ORDINANCE NO. 127, 2008 BEING TH ITEM NUMBER: 3 AGENDA ITEM SUMMARY DATE: October 28, 2008 FORT COLLINS CITY COUNCIL STAFF: Darin Atteberry SUBJECT Second Reading of Ordinance No. 127,2008,Being the Annual Appropriation Ordinance Relating to the Annual Appropriations for the Fiscal Year 2009; Amending the Budget for the Fiscal Year Beginning January 1, 2009, and Ending December 31, 2009; and Fixing the Mill Levy for Fiscal Year 2009. RECOMMENDATION Staff recommends adoption of this Ordinance on Second Reading. EXECUTIVE SUMMARY This Ordinance,unanimously adopted on First Reading October 7,2008,amends the adopted 2009 Budget and sets the amount of$548,437,224 to be appropriated for fiscal year 2009. The Net City Budget, which excludes internal transfers between City funds, is $440,379,274 for 2009. The Net City Budget, as amended, is allocated to: Adopted Amended 2009 2009 Operations $351,346,102 $356,110,925 Debt Service 26,232,854 26,235,588 Capital 58,776,761 58,032,761 This Ordinance also sets the 2009 City mill levy at 9.797 mills, unchanged since 1991. ATTACHMENTS 1. Copy of First Reading Agenda Item Summary- October 7, 2008. (w/o original attachments) ATTACHMENT ITEM NUMBER: 30 AGENDA ITEM SUMMARY DATE: October 7, 2008 FORT COLLINS CITY COUNCIL S FF: Darin Atteberry SUBJECT First Reading of Ordinance No. 127, 2008,Being the Annual Appropriation Ordinance Relating to the Annual Appropriations for the Fiscal Year 2009; Amending the Budget for the Fiscal Year Beginning January 1, 2009, and Ending December 31, 2009; and Fixing the Mill Levy for Fiscal Year 2009. RECOMMENDATION Staff recommends adoption of this Ordinance on First Reading. FINANCIAL IMPACT This Ordinance amends the City%a496 fo y 009 anlepresents the annual appropriation for fiscal year 2009 in the amount of$548,6437,224. The Ordinance also sets the City mill levy at 9.797 mill, unchanged since 1991. EXECUTIVE SUMMARY This Ordinance amends the adopted 2009 Budget and sets the amount of $548,6437,224 to be appropriated for fiscal year 2009. The Net City Budget, which excludes internal transfers between City funds, is $440,4379,274 for 2009. The Net City Budget, as amended, is allocated to: Adopted Amended 2009 2009 Operations $3 ,Y2354 $356,2110,925 Debt ServiceC 06, 26,235,588 Capital 58, 58,032,761 This Ordinance also sets the 2009 City mill levy at 9.797 mills, unchanged since 1991. October 7, 2008 -2- Item No. 30 BACKGROUND City Council adopted the 2008-20 ie Bu et and a ro ri ted monies for expenditure in fiscal year 2008. State statutes d th Ch e o re it annual appropriation to cover expenses for the ensuing year 09)b upo ted get. The Second Reading must be done before the last day of No be s c e schedu for October 28, 2008. 2009 Revenue Update The revenue forecast model was updated in July of 2008 with data from the first six months of the year. The update was presented to the Finance Committee on July 21. Sales tax revenue is projected to increase 4.0%in 2009 over 2008 collections due to the influence of current retail trends and the addition of the Front Range Village retail center. The 2009 use tax "ceiling" is reduced slightly to reflect the decrease in residential building activity and automobile sales. General Fund Revenue: Adopted 2009 Amended 2009 Sales Tax (2.25) $49,840,160 $52,270,182 Use Tax (2.25) Oily ' $ 8,200,000 Recommended 2009 Budget diti After reviewing all the requests, the City Manager is recommending the following adjustments to the 2009 budget which wasere presented to the Finance Committee on September 15. TwoOne additions hasve been made since the Finance Committee reviewed the list of adjustments. The additions the Homelessness Initiative Support for $100,000. Both of these This requests are is for one-time money from the General Fund. The adjustments are listed in two categories: Basic Operational— requests that are needed for operation and maintenance of the service area; and Enhancements — requests that expand the scope of service. General Fund recommended adjustments total $1,4326,568 and recommended adjustments to Other Funds total $2,704,505. General Fund: Oneoing One-time A. Basic Operational 1. Parks Main enCe— ost $ 60,500 2. Parks Mainten Con 1 Y30,000 3. Parks Maintenar o 5,135 4. Operations Services—Natural Gas 42,000 5. Budget Accounting & Reporting Tool-Phase 2 65,000 6. Streets Snow Removal Fuel & Materials 215,226 7. Signal Maintenance Fuel Costs 11,786 8. Signs & Pavement Markings Fuel & Paint 60,417 9. Pavement Management Program 323,280 10. Street Patching& Maintenance Fuel &Asphalt 78,964 October 7, 2008 -3- Item No. 30 11. Sweeping, Mowing Road Shoulders & Maintenance of Alleys, Unpaved Roads—Fuel 42,405 12. Streets Facility Natural Gas 7,505 13. Lincoln Center Sprieqs 10.250 OPYTotal General Fd Ba i $ 887,468 $ 65,000 B. Enhancements 1. Pilot Program, Asst. District Attorney on Site $ 88,000 2. Repay Latimer County for DDA Parking Garage $186,100 4. Homelessness Initiative Support 100,000 Total General Fund Enhancements $186,100 $2188,000 Total General Fund Adjustments $ 1,073,568 $3253,000 Other Funds: Ongoing One-time A. Basic Operational 1. PFA Station 4 Debt Payment $234,354 2. Harmony RoadCion u at 17,637 3. Golf Fuel Cost 49,787 4. Utility - Inform olo ionsnotbud 536,400 5. Pavement Management Program 966,720 6. Utility Funds Fuel Costs 416,607 Total Other Funds Basic Operational $ 2,221,505 $0 B. Enhancements 1. Security Improvements to 330 S. College and 700 Wood Street $ 200,000 2. Downtown Parking Demand Analysis 30,000 3. Utilities Security Coordinator $ 75,000 4. Utilities-Equipment/Fumiture for Additional Staff 20,000 5. Light & Power- Energy Services Program Coordinator 60,000 6. Light&Power - Energy Services Engineer 98,000 Total Other Fun c 33,000 $ 250,000 Nk Total Other Fund Adjustme CS 2,454,505 $ 250,000 Miscellaneous In addition to the recommended adjustments,a couple of miscellaneous adjustments must be made to correct the 2009 appropriations for recent changes. The additional revenue projected to be received in the Sales&Use Tax Fund must be appropriated for transfer to the General Fund and to the other funds receiving this revenue. October 7, 2008 -4- Item No. 30 Also,with the refinancing of the City's certificates of participation in June 2007,the debt payments in the Capital Leasing Corporation Fund have changed. Total debt payments have increased by about$3,000 with the General Funds portion increasing by less than$10,000. These appropriation changes must also be made and lu th 20 ppropriations. ATTACHMENTS UP 1. Council Finance Committee minutes - September 15, 2008. copy- COPY ORDINANCE NO, 1275 2008 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING THE ANNUAL APPROPRIATION ORDINANCE RELATING TO THE ANNUAL APPROPRIATIONS FOR THE FISCAL YEAR 2009 ; AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY 1 , 20099 AND ENDING DECEMBER 31 , 2009 ; AND FIXING THE MILL LEVY FOR FISCAL YEAR 2009 WHEREAS , on November 20, 2007 , the City Council adopted on second reading Ordinance No . 118 , 2007 , approving a biennial budget for the years beginning on January 1 , 2008 , and January 1 , 2009 ; and WHEREAS , the City Manager has submitted to the City Council proposed amendments to the 2009 budget adopted by the City Council in Ordinance No. 118 , 2007 ; and WHEREAS , Article V, Section 4, of the City Charter (the "Charter") requires that, before the last day of November of each fiscal year, the City Council shall appropriate on a fund basis and by individual project for capital projects and federal or state grant projects, such sums of money as it deems necessary to defray all expenditures of the City during the ensuing fiscal year based upon the budget as approved by the City Council; and WHEREAS , Article V, Section 5 , of the Charter provides that the annual appropriation ordinance shall also fix the tax levy upon each dollar of the assessed valuation of all taxable property within the City, such levy representing the amount of taxes for City purposes necessary to provide for payment during the ensuing fiscal year for all properly authorized expenditures to be incurred by the City, including interest and principal of general obligation bonds ; and WHEREAS , Article XII, Section 6, of the Charter permits the City Council to fix, establish, maintain, and provide for the collection of such rates, fees, or charges for water and electricity, and for other utility services furnished by the City as will produce revenues sufficient to pay into the General Fund in lieu of taxes on account of the City-owned utilities such amount as may be established by Council ; and WHEREAS , Article V, Section 10, of the Charter authorizes the City Council to transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project to another fund or capital project, provided that the purpose for which the transferred funds are to be expended remains unchanged; the purpose for which the funds were initially appropriated no longer exists ; or the proposed transfer is from a fund or capital project in which the amount appropriated exceeds the amount needed to accomplish the purpose specified in the appropriation ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows : Section 1 . That the City Council has reviewed the City Manager's recommended changes to the "2009 Proposed Appropriations" section of the Fort Collins 2008 and 2009 Biennial Budget (the `Biennial Budget"), as shown on pages 31 through 33 of the Operating Budget thereof, a copy of which Biennial Budget is on file with the office of the City Clerk, and hereby amends the Biennial Budget so as to reflect the following changes : 2009 Proposed Appropriations Amount of Existing Adjustments As Amended GENERAL FUND $ 10797609121 $ 1 ,336,450 $ 1099096,571 ENTERPRISE FUNDS Golf $ 21787 ,942 $49 , 787 $ 21837 , 729 Light & Power Operating 941045 ,354 3731248 941418 ,602 Capital : Service Center Additions 2549093 254,093 Southwest Enclave Annexation 8001000 80000 Substation Improvements 220,000 220,000 Wi Fi 100,000 100,000 Total Light & Power 95 ,4194447 373 ,248 954792,695 Storm Drainage Operating 99671 ,360 75 , 882 %747 ,242 Capital : Basin Master Planning 959000 95 ,000 Canal Importation Basin 5900000 5900000 Cooper Slough-Boxelder I ,000,000 190009000 Developer Repays 851000 8500 Drainage System Replacement 3655000 3655000 Dry Creek Basin 30000 300,000 Service Center Improvements 524294 525294 Total Storm Drainage 16 , 568 ,654 75 , 882 16 , 644,536 Wastewater Operating 2117015113 1319936 2198335049 Capital : Collection System Replacement 111501000 111501000 Collection System Study 509000 505000 Mulberry WRF Improvements 251650,000 25165000 Service Center Improvements 589548 58 ,548 Sludge Disposal Improvements 150,000 150,000 Treatment Plant Improvements 2009000 2005000 Water Reclamation Replacement Program 11497,000 11497,000 Total Wastewater 50,456,661 1315936 50, 5885597 -2- Water Operating 271239,531 1471818 2713879349 Capital : Cathodic Protection 50,000 50,000 Distribution System Replacement 795M00 795M00 Halligan Reservoir Expansion 819659000 819655000 Meter Conversion Program 920M00 920M00 Service Center Improvements 13 %065 13 %065 Treatment Facility Improvements 500M00 500M00 Water Production Replacement Program 151751000 111751000 Water Supply Development 1005000 100,000 Total Water 39 , 883 , 596 1475818 40 ,0315414 TOTAL ENTERPRISE FUNDS $205 , 116,300 $7784671 $2054894,971 INTERNAL SERVICE FUNDS Benefits $23 ,2561640 $23 ,2561640 Data & Communications 713769788 651000 7 ,4411788 Equipment 1190031508 111003 ,508 Self Insurance 3 , 375 ,062 3 ,375 ,062 Utility Customer Service & Administration 14,460,668 677, 123 15 , 137,791 TOTAL INTERNAL SERVICE FUNDS $59,4725666 $742, 123 $601214,789 SPECIAL REVENUE & DEBT SERVICE FUNDS Capital Improvement Expansion Fund $ 461 , 141 $2341354 $ 6955495 Capital Leasing Corporation 59717,380 2,734 5,720, 114 Cemeteries 6519519 651 ,519 Cultural Services & Facilities 51112 ,641 51112 ,641 Debt Service 113521478 113529478 General Employees' Retirement 21764,973 21764,973 Natural Areas Fund %428J71 9,428j71 Perpetual Care 701452 70,452 Recreation 81111 , 108 81111 , 108 Sales & Use Tax 789583 ,777 3 , 9031879 829487,656 Special Assessments Debt Service 830,000 830,000 Street Oversizing 51310A78 513101478 Transit Services 1018745885 1018749885 Transportation Services 2854055220 11753 ,940 301159, 160 TOTAL SPECIAL REVENUE & DEBT SERVICE FUNDS $ 157,674,223 $ 5 , 8944907 $ 163 , 569, 130 -3 - CAPITAL IMPROVEMENT FUNDS General City Capital City Bridge Program $3001000 $300,000 Police Facility 6651682 6659682 Railroad Crossing Replacement 100,000 100,000 Total General City Capital $ 1 ,065 ,682 0 $ 1 ,065 ,682 1 /4 Cent Buildiniz on Basics Administration $60,656 $60,656 Bicycle Program Plan Implementation 1251000 1251000 Intersection Improvements and Traffic Signals 2 ,4439155 2 ,4439155 Lincoln Center Renovation/Cultural Facilities Plan 2,217,436 2 ,217,436 Library Technology 7441000 (744,000) 0 North College Ave. Improements 250,000 2509000 Park Upgrades and Enhancements 3049897 304, 897 Pedestrian Plan and ADA Improvements 300,000 300,000 Total 1 /4 Cent Building on Basics $ 6,445 , 144 $ (744 ,000) $54701 , 144 Conservation Trust Fund Administration $ 251 ,739 $ 251 ,739 Fossil Creek Trail 501000 505000 Open Space Acquisition 10,000 10,000 Trail Acquisition, Development & Repair 3509000 3509000 Transfer to General Fund-Parks Maintenance 7251146 725 , 146 Tri-City Trails 304000 30A0 Total Conservation Trust Fund $ 1 ,416, 885 $ 1 ,4165885 Neighborhood Parkland Fund Administration $ 438 ,052 $ 438 ,052 Huidekoper Park 509000 50,000 New Park Site Acquisition 150,000 150,000 New Park Site Development 1501000 15000 Park Site Equipment 1500 1500 Registry Ridge Park 300,000 300,000 Richards Lake Park 2001000 200,000 Staley Park 175 ,000 175 ,000 Total Neighborhood Parkland Fund $ 1 ,4789052 $ 1 ,4785052 TOTAL CITY FUNDS $54014295073 $ 8 ,0081151 $54854379224 -4- Section 2 . That there is hereby appropriated out of the revenues of the City of Fort Collins, for the fiscal year beginning January 1 , 2009, and ending December 31 , 2009 , the sum of FIVE HUNDRED FORTY-EIGHT MILLION FOUR HUNDRED THIRTY-SEVEN THOUSAND TWO HUNDRED TWENTY-FOUR DOLLARS ($548,437 ,224) to be raised by taxation and otherwise, which sum is deemed by the City Council to be necessary to defray all expenditures of the City during said budget year, to be divided and appropriated for the purposes shown in Section 1 above . Section 3 . Mill Lew. a. That the 2009 mill levy rate for the taxation upon each dollar of the assessed valuation of all the taxable property within the City of Fort Collins as of December 31 , 2008 , shall be 9 . 797 mills, which levy represents the amount of taxes for City purposes necessary to provide for payment during the aforementioned budget year of all properly authorized expenditures to be incurred by the City, including interest and principal of general obligation bonds . b . That the City Clerk shall certify this levy of 9 . 797 mills to the County Assessor and the Board of Commissioners of Larimer County, Colorado, in accordance with the applicable provisions of law, as required by Article V, Section 5 , of the Charter of the City of Fort Collins . Introduced, considered favorably on first reading, and ordered published this 7th day of October, A.D . 2008 , and to be presented for final passage on the 28th day of October, A.D . 2008 . Mayor ATTEST : Chief Deputy City Clerk Passed and adopted on final reading on the 28th day of October, A.D . 2008 . Mayor ATTEST : City Clerk -5 -