HomeMy WebLinkAbout2016-06-8380ORDINANCE NO. 2016-06-8380
AN ORDINANCE ADOPTING THE CITY OF PADUCAH, KENTUCKY, ANNUAL BUDGET FOR THE FISCAL YEAR JULY 1, 2016, THROUGH
JUNE 30, 2017, BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT.
WHEREAS, an annual budget proposal has been prepared and delivered to the City Commission; and
WHEREAS, the City Commission has reviewed such proposed budget and made the necessary modifications.
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The following estimate of revenues and resources is adopted as the City of Paducah, Kentucky Revenue Budget for Fiscal Year 2016 -
2017
R1City Clerk\TammyStufftExceltbudget FY2017\Ordinance
MUNICIPAL
GENERAL
FY2017
AID
DEBT
GENERAL
PROGRAM
INVESTMENT
CDBG
FUND
FUND
FUND
FUND
(01)
(03)
(04)
(06)
SOURCES:
CASH FROM FUND RESERVE
434,155
REVENUES.-
EVENUES.PROPERTY
PROPERTYTAXES
6,318,500
LISC, PERMITS,
OTHER TAXES
24,169,000
450,000
5,022,500
GRANTS, CONTRIBUTIONS
1,039,395
1,220,000
FINES & FORFEITURES
105,000
25,000
PROP RENTAL & SALES
418,620
289,000
CHARGES FOR SERVICES
673,685
52,055
INTEREST INCOME
100,000
6,000
RECREATION, OTHER FEES
116,000
MISCELLANEOUS
31,000
TOTAL REVENUES
32,971,200
456,000
5,022,500
1,220,000
FUND TRANSFERS IN
507,000
613,845
2,478,220
1,000,000
TOTAL SOURCES
33,478,200
1,504,000
1 5,022,500
1 2,2201000
R1City Clerk\TammyStufftExceltbudget FY2017\Ordinance
GENERAL
FY2017
COURT
DEBT
E911
AWARDS
SERVICE
CIP
FUND
FUND
FUND
FUND
(12)
(13)
(30)
(40)
SOURCES:
CASH FROM FUND RESERVE
4,550
REVENUES.-
EVENUES.PROPERTY
PROPERTYTAXES
LISC, PERMITS,
OTHER TAXES
630,000
649,720
GRANTS, CONTRIBUTIONS
506,770
FINES & FORFEITURES
25,000
PROP RENTAL & SALES
289,000
CHARGES FOR SERVICES
52,055
INTEREST INCOME
900
1,200
RECREATION, OTHER FEES
MISCELLANEOUS
TOTAL REVENUES
1,137,670
26,200
990,775
FUND TRANSFERS IN
618,610
2,478,220
7,485,000
TOTAL SOURCES
1,756,280
30,750
1 3,468,995
7,485,000
R1City Clerk\TammyStufftExceltbudget FY2017\Ordinance
FY2017
FLEET
SOLID
CIVIC
HEALTH
AEPF/PFPF
BOND
WASTE
CENTER
RENTAL
RADIO
FUND
FUND
FUND
FUND
FUND
42
(50)
(62
63
(64
SOURCES:
CASH FROM FUND RESERVE
6,330
1,110,750
749,230
REVENUES:
PROPERTY TAXES
LISC, PERMITS,
OTHER TAXES
GRANTS, CONTRIBUTIONS
8,350,000
27,000
FINES & FORFEITURES
PROP RENTAL & SALES
500
55,000
40,000
134,920
133,110
CHARGES FOR SERVICES
349,000
4,421,000
1,164,000
3,773,000
12,000
INTEREST INCOME
28,000
3,500
RECREATION, OTHER FEES
3,000
MISCELLANEOUS
100
TOTAL REVENUES
8,350,000
4,534,000
40,000
134,920
136,610
FUND TRANSFERS IN
201,555
50,600
1,550,000
TOTAL SOURCES
8,350,000
5,644,750
90,600
1 134,920
2,435,840
FY2017
FLEET
FLEET
HEALTH
AEPF/PFPF
SERVICE
TRUST
INSUR
INS TRUST
PENSION
FUND
FUND
FUND
FUND
FUND
70
(71)
(72
73
(76), 77 , 84
SOURCES:
CASH FROM FUND RESERVE
6,330
1,118,285
307,710
REVENUES.-
EVENUES:PROPERTY
PROPERTYTAXES
LISC, PERMITS,
OTHER TAXES
GRANTS, CONTRIBUTIONS
FINES & FORFEITURES
PROP RENTAL & SALES
500
917,965
350,000
CHARGES FOR SERVICES
349,000
1,164,000
3,773,000
12,000
INTEREST INCOME
22,000
225,000
RECREATION, OTHER FEES
MISCELLANEOUS
100
TOTAL REVENUES
349,600
939,965
1,164,000
3,773,000
587,000
FUND TRANSFERS IN
201,555
60,000
460,115
TOTAL SOURCES
557,485
2,058,250
1 1,224,000
1 3,773,000
1 1,354,825
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SECTION 2. The following sums of money are hereby appropriated for Fiscal Year 2016-2017.
FY2017
GENERAL
FUND
(01)
MUNICIPAL
AID
PROGRAM
FUND
(03)
INVESTMENT
FUND
(04)
CDBG
FUND
06)
APPROPRIATIONS:
GENERAL GOVERNMENT
1,609,580
535,000
FINANCE
1,047,145
PRDA
INFORMATION SYSTEMS
679,020
PLANNING
1,028,715
2,220,000
POLICE
9,638,125
30,750
FIRE
8,314,795
70,000
ENG/PUBLIC WORKS
4,102,150
1,504,000
3,800,000
PARKS SERVICES
3,195,780
240,000
CABLE AUTHORITY
92,650
HUMAN RIGHTS
41,955
ENGINEERING
1,215,660
HUMAN RESOURCES
376,380
INVESTMENT FUND
708,800
DEBT SERVICE / E911
1,756,280
3,468,995
SOLID WASTE OPERATION
FLEET MAINTENANCE
PENSIONS
CASH CARRY FORWRD/RESRV
100,000
2,300,000
FUND TRANSFERS OUT
2,136,245
1 4,213,700
TOTAL APPROPRIATIONS
33,478,200
1,504,000
5,022,500
2,220,000
FY2017
E911
FUND
(12)
COURT
AWARDS
FUND
(13)
GENERAL
DEBT
SERVICE
FUND
30
CIP
FUND
(40)
APPROPRIATIONS.
GENERAL GOVERNMENT
535,000
FINANCE
PRDA
INFORMATION SYSTEMS
PLANNING
540,000
POLICE
30,750
FIRE
70,000
ENG/PUBLIC WORKS
3,800,000
PARKS SERVICES
240,000
CABLE AUTHORITY
HUMAN RIGHTS
ENGINEERING
HUMAN RESOURCES
INVESTMENT FUND
DEBT SERVICE / E911
1,756,280
3,468,995
SOLID WASTE OPERATION
FLEET MAINTENANCE
PENSIONS
CASH CARRY FORWRD/RESRV
2,300,000
FUND TRANSFERS OUT
TOTAL APPROPRIATIONS
1,756,280
30,750
3,468,995
7,485,000
RACity Clerk\TammyStuft\Excehbudget FY20MOrdinance
FY2017
BOND
FUND
42
SOLID
WASTE
FUND
(50)
civic
CENTER
FUND
(62)
RENTAL
FUND
63)
RADIO
FUND
(64
APPROPRIATIONS:
GENERAL GOVERNMENT
FINANCE
2,058,250
2,435,840
PRDA
INFORMATION SYSTEMS
PLANNING
POLICE
FIRE
ENG/PUBLIC WORKS
134,920
PARKS SERVICES
90,600
CABLE AUTHORITY
HUMAN RIGHTS
ENGINEERING
HUMAN RESOURCES
1,214,500
3,773,000
INVESTMENT FUND
DEBT SERVICE / E911
SOLID WASTE OPERATION
5,319,750
FLEET MAINTENANCE
557,485
PENSIONS
1,354,525
CASH CARRY FORWRD/RESRV
9,500
FUND TRANSFERS OUT
1 8,350,0001
325,000
557,485
2,058,250
1,224,000
3,773,000
1,354,825
TOTAL APPROPRIATIONS
1 8,350,000
1 5,644,750
1 90,600
1 134,920
2,435,840
FY2017
FLEET
SERVICE
FUND
70)
FLEET
TRUST
FUND
71
INSUR
FUND
(72)
HEALTH
INS TRUST
FUND
(73)
AEPF/PFPF
PENSION
FUND
(76),(77),(84
APPROPRIATIONS:
GENERAL GOVERNMENT
FINANCE
2,058,250
300
PRDA
INFORMATION SYSTEMS
PLANNING
POLICE
FIRE
ENG/PUBLIC WORKS
PARKS SERVICES
CABLE AUTHORITY
HUMAN RIGHTS
ENGINEERING
HUMAN RESOURCES
1,214,500
3,773,000
INVESTMENT FUND
DEBT SERVICE / E911
SOLID WASTE OPERATION
FLEET MAINTENANCE
557,485
PENSIONS
1,354,525
CASH CARRY FORWRD/RESRV
9,500
FUND TRANSFERS OUT
557,485
2,058,250
1,224,000
3,773,000
1,354,825
TOTAL APPROPRIATIONS
SECTION 3. The City Manager and Finance Director will publish a budget document which reflects the funding priorities set by the City Commission
during their budget workshops and which will be used to interpret the above appropriations on the City's website.
SECTION 4. The City does hereby adopt the following financial management policies:
A. The General Fund's minimum undesignated cash balance shall be 10% of the General Fund's budgeted expenditures. The Investment Fund's
minimum undesignated cash balance shall be 10% of the Investment Fund's budgeted expenditures. The Solid Waste Fund's minimum unreserved cash balance
shall be 10% of the Solid Waste's budgeted operating expenses. The Debt Service Fund's minimum cash balance shall be not less than $550,000.
B. The City Manager is authorized to transfer appropriated amounts between funds, departmental budget line items, projects, between divisions of
departments, and between departments as shown in Section 2.
C. Appropriations designated as Commission contingency shall be obligated upon approval by the City Commission by municipal order.
D. Funds appropriated as Administrative contingency shall be obligated at the discretion of the City Manager, however, the City Commission shall be
notified five calendar days prior to obligation of the expenditure. If any individual member of the Board of Commissioners requests Commission review of a
proposed expenditure, the City Manager shall bring expenditure before the Commission for approval by municipal order, or not proceed.
E. City Manager shall assure that recurring revenues and resources are greater than or equal to recurring expenditures.
F. The City Manager has the authority to enact a budget allocation program or to transfer funds to or from any departmental line item appropriation.
R:\City Clerk\TammyStuff\Excel\budget FY2017\Ordinance
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G. As new vehicles are acquired, the City will fully fund the Fleet Trust Fund in order to replace rolling stock owned by the Fleet Trust Fund as it
achieves obsolescence. The Fleet Trust Fund shall be funded with monthly lease charges assigned to rolling stock as determined by the Finance Director or his
designee. All rolling stock is owned by the City's Fleet Trust Fund.
H. The City will maintain a self insurance fund called Health Insurance Trust Fund through the use of user fees as set by administrative policy.
I. The City will continue to maintain the Appointive Employees Pension Fund (AEPF) in a fully funded status through sound financial management
and/or annual General Fund transfers as designated in the budget document. The AEPF may be combined with the PFPF should it be determined, by the Finance
Director, that such a combination is administratively more effective and/or financially prudent.
J. In fiscal year 2006, the City issued a General Obligation Bond for the Police and Firefighters' Pension Fund (PFPF) bringing the fund up to an
actuarially sound basis; however, the multi-year recession starting in fiscal year 2009 reduced the fund's corpus leaving a new unfunded liability. Funding is
provided in the General Fund of this ordinance to further address the PFPF unfunded liability.
K. The City will provide to all eligible employees up to a $727.00 per month credit (for the months of July - December 2016) to be applied to the
Comprehensive Health Insurance Benefit Plan (Cafeteria Plan) as directed by the employee. In January 2017, this monthly credit may be adjusted by the City
Commission as recommended by the City Manager or his designee.
L. The City will maintain a special fund called Investment Fund, and is considered an extension of the General Fund. The Investment Fund will be
funded with a 1/2 cent increase in the City's occupational license fee (employee payroll withholding tax). This fund is dedicated to the following expenditures:
economic development, neighborhood re -development, infrastructure capital investment and property tax relief.
M. Oak Grove Cemetery (PF0048) project will be funded in the following manner: 20% of all cemetery lot sales, and 5% of all cemetery crypt sales will
be credited to the project. Proceeds are to be used solely for the general care, maintenance, and embellishments of the cemetery.
SECTION 5. Finance Director is responsible for maintaining current table of Estimated Revenues in Section 1 and Appropriation of Funds in Section
2 and to provide a copy to the City Clerk.
If during the course of the year the City Commission adopts Ordinances to anticipate new revenues or to make new appropriations, the Finance Director
will update these Tables and provide a copy to the City Clerk.
SECTION 6. This ordinance shall be read on two separate days and will become effective upon publication in full pursuant to KRS Chapter 424.
ATTEST:
Tammara Sanderson, City Clerk
Introduced by the Board of Commissioners, June 21, 2016
Adopted by the Board of Commissioners, June 28, 2016
Recorded by Tammara Sanderson, City Clerk, June 28, 2016
Published by The Paducah Sun, July 1, 2016
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R:\City ClerhTammyStuff Excel\budget FY2017\Ordinance