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Home My WebLink About2019-06-8578ORDINANCE NO. 2019-06-8578 AN ORDINANCE ADOPTING THE CITY OF PADUCAH, KENTUCKY, ANNUAL OPERATING BUDGET FOR THE FISCAL YEAR JULY 1, 2019, THROUGH JUNE 30, 2020, BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT. WFIEREAS, an Annual Operating Budget proposal has been prepared and delivered to the Board of Commissioners ofthe City of Paducah, KY; and, WHEREAS, the Board of Commissioners has reviewed and discussed the proposed Annual Operating Budget and desires to adopt it for Fiscal Year 2020. NOW, THEREFORE, BE IT ORDAMD by the City of Paducah, Kentucky as follows: Section 1. The Annual Operating Budget for the Fiscal Year beginning July 1, 2019 and ending June 30, 2020, including all sources of estimated revenues and appropriations for all City funds as set forth in Exhibit Number I attached hereto is hereby adopted. Section 2. The balance of all capital construction, renovation, improvement projects, and grants currently approved and/or nearing completion are hereby approved for re -appropriation and carry over for the Fiscal Year beginning July 1, 2019 and ending June 30, 2020. Section 3. The City does hereby adopt the following financial management policies: A. The General Fund's minimum undesignated cash balance shall be 12% of the General Fund's budgeted appropriations. The Investment Fund's minimum undesignated cash balance shall be 12% of the Investment Fund's budgeted appropriations. The Solid Waste Fund's minimum unreserved cash balance shall be 12% of the Solid Waste's budgeted operating expenses. The Debt Service Fund's minimum cash balance shall be not less than $900,000. B. The City Manager or designee is authorized to transfer appropriated amounts between funds, departmental budget line items, projects, between divisions of departments, and between departments as shown in Exhibit Number 1. 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 Board of Commissioners shall be notified five calendar days prior to obligation of the proposed 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. The City Manager or his designee shall be authorized to increase appropriations in an amount not to exceed any unanticipated increases in revenue or resources. 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. Department Directors shall be responsible for keeping all appropriated accounts within their respective department positive. G. As vehicles are acquired, the City will fully fund the Fleet Lease Trust Fund in order to replace rolling stock owned by the Fleet Lease Trust Fund as it achieves obsolescence. The Fleet Lease 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 Lease Trust Fund, and leased to respective departments for use. On or after September 1, 2019, all Fleet Lease Trust Fund cash in excess of $2,000,000; but not in excess of $250,000 shall be transferred to the General Fund and designated as'Committed Pension Reserve in the Fund Balance. 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. 1. The. City will continue to maintain the Appointive Employees Pension Fond (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 (GOB) for the Police and Firefighters' Pension Fond (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 Fond of this ordinance to further address the PFPF unfunded liability. K. The City will provide to all eligible employees up to a $727 per month credit (for the months of July - December 2019) to be applied to the Comprehensive Health Insurance Benefit Plan (Cafeteria Plan) as directed by the employee. In January 2020, this monthly credit may be adjusted by the Board of Commissioners 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 Fond is funded with a 1/2 cent portion of the Citys occupational license fee (employee payroll withholding tax). This fund is dedicated to the following expenditures: economic development, neighborhood re -development, infrastructure capital investment, property tax relief, and pension obligations. M. The 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. N. The City shall designate a'Committed Pension Reserve' in the Fund Balances of the General and the Investment Funds in the following amounts respectively, $243,165 and $177,200. This is in addition to the'Committed Pension Ressrve'values in Section 3 (G). Section 4. The provisions of this Ordinance are hereby declared to be severable, and if any section, phrase or provision shall for any reason be declared invalid, such declaration of invalidity shall not affect the validity of the remainder of this Ordinance. Section 5. All prior Municipal Orders or Ordinances or parts of any Municipal Order or Ordinance in conflict herewith are hereby repealed. Section 6. This ordinance shall be read on two separate days and will become effective upon publication in full pursuant to KRS Chapter 424. Mayor ATTEST: ay Parish, CtTy Clerk Introduced by the Board of Commissioners, June 11, 2019 Adopted by the Board of Commissioners, June 25, 2019 Recorded by Lindsay Parish, City Clerk, July 2, 2019 Published by The Paducah Sun, R:\City ClerkkTammyStufhWordtORD1FINA14CE\Budget FY2020i0ndinance Run Date: 7/8/2019 12:14 PM Page 1 FUNDS APPROPRIATIONS GENERAL $ 35,973,950 MAP 1,517,000 INVESTMENT 6,039,470 CDBG 200,000 E911 2,228,830 COURT AWARDS 68,250 DEBT 3,723,960 CIP 3,755,000 BOND FUND 2,136,065 SOLID WASTE 6,396,215 SECTION 8 92,810 TRANSIENT BOAT DOCK 96,725 CIVIC CENTER 107,860 RENTAL 132,210 RADIO DEPR 43,905 FLEET 594,150 FLEET TRUST 1,819,000 INSURANCE 1,440,900 HEALTH INS 3,839,000 AEPF 13,625 PFPF 1,048,105 OTHER TRUST 60,300 $ 71,327,330 R:\City Clerk\TammyStuff\Word\ORD\FINANCE\Budget FY2020\Publication ANY NEW ADDmONs MET BE fY3018 SRE3s� CAN. FRO31 N\T RLSL R\'B RE .AS: FLViS oRANTs,con�Rmuno:4s NrEREsiNcosw Bow eRCCEED CBARGFEFOR SERVICES OTHERFEES CCCVPATIOnONAL I3CEN5E PERMS®PEES PROPERTYRENT T PROPERTYTA%ES RECRFAnoN EEEs $TLE OTHEAL" .TAL". n1 TRAN'ERSN TOTALEOCRCES Qnenl Fuod uL 8 Ivl pert nun FDNOs 2$33$65 NV Oebl U.1 -rise a1,920 Iulem vl 5en5tt IAW,135 i0)ucle Fund+ -R 10300 4os 9408620 61lIMCIPAL MVMC@AL 65)0030 4b10,465 GENERAL GENERAL v,ws 3,14),105 FLEET ,191.40 1321355 24%3,910 5815,535 Am Ipbl $30 61.843600 COURT 0 0 DEBT sOLm SOLO) CNIc SECTION TRANEUT n• Fl.EE, LEASE ID'ALTx GE,ERAL TOW REN SAL RATED .11 PROGRAM DOESTNUNT BOND AWARDS TIW AWARDS TNI sERVICE TWI WASTE CENTER 8 GOAL T.1 SERVICE TRUST RECUR RTTRUET TNA AEPF PFPF CMec Ta FUND FIND FUND FUND FUNU FUND CULT, F13ND F1RN F13NU FISIro OL COLD flMD LDND FOND LUNO UJCK FLNU FUNU NNU FlMU FUND Fwd nua IND IIW I" 003] llW 24W Moo 42W E)W 4000 3000 soon 5010 3100 5200 s3d1 AG Moo NW ],IW 7m ]$w e000 END BNO 81W E4W 1$63$65 1,963$65 0 0 3]O,w] 0 O 0 0 1$53,155 1$53,155 132$10 ]RCw )Bdp 136,005 312,180 M,w3 TART 3723,900 3.723,950 0 0 0 LE19,w0 IAw.000 0 3$59$C0 0 wjw NBSW N,Sw 0 8011$00 BEO,W3 638$00 2w,K0 0 R3Sj40 0 52,410 524W SIAM 92,,10 146,810 0 42691`'1.61. 0 303Lw 3 I 27,%*3,CW IO,OT 0 ISfw 2C 4,000 db,Hq 0 23,M 25.000 )2.000 0 ]2TOG fi],]Ip 00.003 13],]00 Iw,wO M,QA' Lnp 0 0 x00,001 ZIO,wO -JAG 50,00:B 2,,WOEOo ;wowo 9$,610 R QX. o O O 0 10$41,155 l0$4LItt 0 0 ]03$00 0101,903 68$50 2%003 0 0 2%003 0 0 4.UNPDG O 4j2Rw0 3))300' 1315,0003,779,M 5,4)2400 10200 10]80 33,300 33400 0 -AGB SO,wI 0 0 0 0 0 SAw S,w] 4$M,B. 4a.E. 0 01END 0 25$$B.SW 25,558,380 1317,000 xNOxo 2.A00 00 S,NO,Cw 5540,E 594,150 0 MAX, N..'M 0 0 0 0 514/ 314400 BMAW BMORO 0 Tom 96,12, 0100355 0 0 0 0 0 S,wO S,Q1 0 0 419,113 419,133 13x$10 130155 0 002$63 0 289p00 20 ..O 35,rw 17425 ".: 25,M 00,002 LM,7. 1".780 0 0 1,143,000 T.L. w 0 O 01 0 0 0 1442135 L.2,IEt 0 0 0 2300,00: 0 Il B,dp 118400 0 0 0 0 3X,940 3X900 O 0 0 0 0 IB$gl IB$w 0 3.839,K0 3639.0000 0 Q0 0 701.00,001 130.000 0 350000 Iw, 453,300 0 7051m 503,000 0 1$12000 0 0 0 3433 910 0 3,0,3910 0 0 0 0 35,)9],11535,)9),115M;10 133$10 IS],6ss 1314300 31)pM S.NO.Cw 20G.Cw 3..GEO0 ".RD 99s3$OS 0 0 IA52T3s 1452,015 4.U9,Cw 35,rw URN 00,000 494%810 311,500 1.01,400 1315,000 2,839,003 6,609,850 0 460,]80 123,300 S.;w 420M 420.Cw 5}13,635 BN,4w Lw3AW 0 L85449D 3355.000 3.155,000 3b96.165 2b96,165 62.835 6,125 69,301 01001250 I25,w0 0 334]50 13,2, 340550 3NLUM 11.115 36]11,115 02310 157,655 232%530 L ,1 5,540000 I.. 2,003001 30,003 II,W1¢95 3.)55.0.0) 3.]5500] 3.748900 3349.Po0 4.INGO0 91.835 9x.810 .,125 34163)0 S..750 1011,480 IA40.930 3,839300 6.944,130 13b25 801340 1.,. 935465 ANY NEW ADOn10NS MUST BE ADDED TO GROIN 4NCF PALE Fr3ole ROPRLATIO.\S' GENERAL GOV EL.^f l FNANCE ..ON SYSTEMS CUSTOMER E%PERR]:CE PLANNNO POLICE ENG LIC PARUN WORYS CABLE AUTHORITY EN. RIGHTS ENONEE.RNO HLOMNRESOURCES E911 .WASTEOPERATION PEJBIONB CABHCARRYFORNRO.RFSRV FUND TPANSFERS OVf TOTALAPPROPBNIIONS rOTA1 ALL FNJDS RR. ]]6$00 A.,Dw 10.]49,p80 38,ha 31,]85$35 519.000 2400$. ].143,008 118,E EOl lw 1312,a. 58944.003 58,944.085 9,483,650 9,453b50 0.42),]35 6542),)35 ANY NEW ADDITIONS MUST BE ADDED TO ORDMANCE PALL Gornl Fund uL FDNOs 2$33$65 Cm 0.61 Eolr a1,920 IRmvl 8rn5 IAW,135 10-i- F -R 10300 4os 9408620 MVMC@AL 65)0030 4b10,465 .,los GENERAL v,ws 3,14),105 ,191.40 1321355 24%3,910 5815,535 Am Ipbl $30 61.843600 COURT 0 0 DEBT sOLm CMC seui0n JIUN96N'f n• FLEEF LEASE 10'TAUH ]nW %FULAT RANOFUND PRFURP DN r cDBO BOND AWARDS roW rNl sERVICE rNl WASTE CENTER fi MOAT rWl $CONIC¢ TRDET LONG R4811R NLORusr rdJ AEPE ol.. rOW FUND FUND Fulro FUND UN FllNO CULT, F13ND FISxro Fu14D FISIro OL COLD LDND FIND $VNO DUCK CONT FIMO FOUTF., rrva loco 1. Ilw Izw 2[<0 x300 x400 Moo 4x00 nN 4000 3000 soon 6100 tt0o vw AG Moo 7j. WDO I,Iw r2oo ) e000 END aim 3100 e4Ro 1$63$65 1,963$65 0 TO,O:U 3]O,w] 0 O 0 0 1$53,155 1$53,155 132$10 43,W5 136,005 312,180 O 3723,900 3.723,950 0 LE19,w0 IAw.000 3$59$C0 W,3C0 wjw NBSW N,Sw 0 0 10 0 0 42691`'1.61. 0 ISfw 0 0 151325 751 32 x00,001 ZIO,wO -JAG 50,00:B 9$,610 QX. O 0 10$41,155 l0$4LItt 68$50 "8 No 0 0 0 O 0 9038,6x0 9,038bM 0 -AGB SO,wI 0 0 0 0 4$M,B. 4a.E. 01END 1317,000 xNOxo 2.A00 00 594,150 594 j. 0 3jASAE0 3,I.A. 0 BMAW BMORO 0 Tom 96,12, 0100355 0 0 %jos %,To 0 0 0 0 0 0 17425 ".: 0 0 0 O 0 0 1442135 L.2,IEt 0 2300,00: 2300,000 0 0 0 0 3X,940 3X900 0 0 0 0 3.839,K0 3639.0000 0 13%)353 g2r3ss o o D 0 0 0 3433 910 3,0,3910 0 0 0 0 0 0 0 0 0 5.815535 5}13,635 0 0 0 0 0 0 0 0 0.615 1448.105 1.061,730 0 0 o a o R 0 2.045935 2.0Ts935 OT920 4,112115 2,000000 6,857,035 0 0 500,6. 580.680 0 0 33.9]3930 35.9]3960 132310 43.5 2$28830 1511000 6439.410 ?w W0 3136 p65 N2% 1236 .730 3.755 .1,755.000 3.12)960 3123.'%0 6396315 ICI EN 92810 961.5 3fi 10 1.110 1819000 IA40w0 1839000 1,693060 13,625 1048,105 ., NO I,I xEp30 TOTAL uL FDNOs 2$33$65 BbN 495 XRSW a1,920 IAW,135 10300 4os 9408620 65)0030 4b10,465 .,los v,ws 3,14),105 ,191.40 1321355 24%3,910 5815,535 Ipbl $30 61.843600 0 0 9,403,650 9,403,650 jJjj}]jD bvu ecb 1' 0' n• )13)1330 71327330 (•now¢hloW moll evpenGrv\es) I ODFERERCE 343,165 NI'll, 0 113150 0 0 ()993101 0 (134055) (382501 (558035) 0 0 1". E1,OM 1(1,66]3153 1101151 0 0 '111311) (1400) (711_I'M 0 0 ()48920) 0 [!46165) FI_J] (183.565) 02.893.005) (x.899.595) ANY NEW ADDNIONS MAT BE ADDED TO ORDNANCE PAGE Ntl Cv6 SM1w l6 hfeme NdCUM1 - O''. R:rryCbh\lvmrryslM,wwaloRwllwMCEsw.vl rvide05.mma0p F.m Run Date: 7/812019 12:07 PM Total Expenditures $ 35,973,950 $ 12,365,730 $ 3,755,000 $ 3,723,960 $ 6,693,610 $ 7,693,050 $ 1,122,030 $ 71,327,330 Reserves Utilized $ 243,165 $ (558,035) $ - $ 25,000 $ (1,677,240) $ (748,920) $ (183,565) $ (2,899,595) RSCity Clerk\TammySNO\Word\ORDFINANCE\Budget FY2020(Summary by Type) City of Paducah Annual Operating Budget for All Funds and Categories of Government Estimated Appropriations & Expenditures FY2020 (July 1, 2019 to June 30, 2020) Exhibit No. 1 General Special Capital Debt Enterprise Internal Trust Fund Revenucs Projects Service Funds Service Funds Total Sources: Fines $ 78,000 $ 26,000 $ - $ - $ - $ _ $ - $ 104,000 Grants 820,000 838,340 - 52,440 146,810 - - 1,857,590 Interest Income 385,000 46,500 - 25,000 72,000 127,700 120,000 776,200 Bond Proceeds - 2,000,000 - - - - - 2,000,000 Charges for Service 709,900 28,000 - - 4,528,000 5,472,400 10,780 10,749,080 Other Fees 33,000 - - - 5,000 - - 38,000 Occupational License 25,558,880 5,540,000 - 686,355 - - - 31,785,235 Permits & Fees 514,000 - - - 5,000 - - 519,000 Property Rent 419,135 262,365 - 289,000 60,000 1,009,780 - 2,040,280 Property Taxes 7,143,000 - - - - - - 7,143,000 Recreation Fees 118,000 - - - - - - 118,000 Sales 18,200 - - - 130,000 0 453,500 601,700 Other Taxes 1,212,000 1,212,000 Total $ 35,797,115 $ 9,953,205 $ - $ 1,052,795 $ 4,946,810 $ 6,609,880 $ 584,280 $ 58,944,085 Fund Transfers In $ 420,000 $ 1,854,490 $ 3,755,000 $ 2,696,165 $ 69,560 $ 334,250 $ 354,185 $ 9,483,650 Total Sources $ 36,217,115 $ 11,807,695 S 3,755,000 $ 3,748,960 $ 5,016,370 S 6,944,130 S 938,465 $ 68,427,735 Expenditures: General Government $ 1,963,265 $ - $ 270,000 $ - $ - $ - $ - $ 2,233,265 Finance 1,253,155 312,180 - 3,723,960 - 3,259,900 60,300 8,609,495 Information Systems 548,560 - - - - - - 548,560 Customer Experience 426,920 - 15,000 - - - - 441,920 Planning 751,325 200,000 50,000 - 92,810 - - 1,094,135 Police 10,241,155 68,250 - - - - - 10,309,405 Fire 9,038,620 - 50,000 - - - - 9,088,620 Engineering/Public Works 4,208,880 1,517,000 250,000 - - 594,150 - 6,570,030 Parks 3,585,880 - 820,000 - 204,585 - - 4,610,465 Cable Authority 96,105 - - - - - - 96,105 1-luman Rights 17,025 - - - - - - 17,025 Engineering 1,442,185 - 2,300,000 - - - - 3,742,185 1luman Resources 354,940 - - - - 3,839,000 - 4,193,940 Investment Fund - 1,327,355 - - - - - 1,327,355 F911 - 2,083,910 - - - - - 2,083,910 Solid Waste - - - - 5,815,535 - - 5,815,535 Pensions - - - - - - 1,061,730 1,061,730 Fund Transfers Out 2,045,935 6,857,035 - - 580,680 - - 9,483,650 Total Expenditures $ 35,973,950 $ 12,365,730 $ 3,755,000 $ 3,723,960 $ 6,693,610 $ 7,693,050 $ 1,122,030 $ 71,327,330 Reserves Utilized $ 243,165 $ (558,035) $ - $ 25,000 $ (1,677,240) $ (748,920) $ (183,565) $ (2,899,595) RSCity Clerk\TammySNO\Word\ORDFINANCE\Budget FY2020(Summary by Type)