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ORDINANCE NO. 2010-6-7700
AN ORDINANCE ADOPTING THE CITY OF PADUCAH, KENTUCKY, ANNUAL BUDGET FOR THE FISCAL YEAR JULY 1, 2010, THROUGH
JUNE 30, 2011, 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 2010 -
2011.
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GENERAL
MUNICIPAL
FY2011
DEBT
AID
SOLID
CIVIC
COURT
GENERAL
PROGRAM
INVESTMENT
WASTE
E911
AWARDS
FUND
FUND
FUND
TELCOM
FUND
FUND
(01)
(03)
(04)
(11)
12
(13)
SOURCES:
CASH FROM FUND RESERVE
850,000
602,000
120,000
16,215
REVENUES.
PROPERTY TAXES
5,525,000
LISC, PERMITS,
OTHER TAXES
21,327,750
490,000
4,175,000
755,000
GRANTS, CONTRIBUTIONS
1,031,485
29,595
323,265
FINES & FORFEITURES
123,000
37,650
PROP RENTAL & SALES
425,550
5,000
32,000
101,885
CHARGES FOR SERVICES
721,255
144,210
INTEREST INCOME
112,500
1,000
26,600
1,250
750
RECREATION, OTHER FEES
216,250
MISCELLANEOUS
45,000
20,000
TOTAL REVENUES
29,527,790
491,000
4,175,000
173,805
1,079,515
38,400
FUND TRANSFERS IN
179,380
870,000
78,105
382,100
TOTAL SOURCES
L 30,557,170
1,361,000
1 4,777,000
1 251,910
1,58f,615
38,400
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GENERAL
FY2011
DEBT
SOLID
CIVIC
SERVICE
CIP
BOND
WASTE
CENTER
RENTAL
FUND
FUND
FUND
FUND
FUND
FUND
(30)
(40)
42)
50)
(62)
(63
SOURCES:
CASH FROM FUND RESERVE
870,000
10,200
16,215
REVENUES:
PROPERTY TAXES
LISC, PERMITS,
OTHER,TAXES
510,000
GRANTS, CONTRIBUTIONS
32,000
FINES & FORFEITURES
PROP RENTAL & SALES
405,790
5,000
32,000
101,885
CHARGES FOR SERVICES
97,380
4,225,000
INTEREST INCOME
26,600
RECREATION, OTHER FEES
MISCELLANEOUS
20,000
TOTAL REVENUES
1,013,170
4,308,600
32,000
101,885
FUND TRANSFERS IN .
1,909,260
1,873,980
45,515
TOTAL SOURCES
2,922,430
1,873,980
870,000
1 4,308,600
1 87,715
118,100
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(c(opy
FY2011
FLEET
FLEET
RENAIS
HEALTH
MAINT
FUND
RADIO
SERVICE
TRUST
INSUR
INS TRUST
TRUST
FUND
FUND
FUND
FUND
FUND
FUND
PROPERTY TAXES
64
(70)
71)
72)
73)
74
SOURCES:
GRANTS, CONTRIBUTIONS
FINES & FORFEITURES
CASH FROM FUND RESERVE
PROP RENTAL & SALES
7,550
680,700
4,240
REVENUES:
725
202,500
RECREATION, OTHER FEES
MISCELLANEOUS
PROPERTY TAXES
TOTAL REVENUES
36,225
561,540
LISC, PERMITS,
225,000
365,440
TOTAL SOURCES
272,910
OTHER TAXES
GRANTS, CONTRIBUTIONS
FINES & FORFEITURES
PROP RENTAL & SALES
124,130
871,800
8,000
CHARGES FOR SERVICES
376,000
956,550
3,331,000
INTEREST INCOME
2,600
500
50,000
RECREATION, OTHER FEES
MISCELLANEOUS
750
TOTAL REVENUES
126,730
377,250
921,800
956,550
3,331,000
8,000
FUND TRANSFERS IN
145,080
25,000
TOTAL SOURCES
126,730
529,880
1 1,602,500 1
985,790 1
3,331,000
8,000
FY2011
AEPF/PFPF
RENAIS
PENSION
FUND
FUND
80)
76),(77),(84)
SOURCES:
CASH FROM FUND RESERVE
11,685
910,380
REVENUES:
PROPERTY TAXES
LISC, PERMITS,
OTHER TAXES
GRANTS, CONTRIBUTIONS
FINES & FORFEITURES
PROP RENTAL & SALES
500
359,040
CHARGES FOR SERVICES
INTEREST INCOME
725
202,500
RECREATION, OTHER FEES
MISCELLANEOUS
35,000
TOTAL REVENUES
36,225
561,540
FUND TRANSFERS IN
225,000
365,440
TOTAL SOURCES
272,910
1,837,360
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,I V
SECTION 2. The following sums of money are hereby appropriated for Fiscal Year 2010-2011.
FY2011
GENERAL
FUND
(01)
MUNICIPAL
AID
PROGRAM
FUND
(03)
INVESTMENT
FUND
(04)
TELCOM
(11)
E911
FUND
(12)
COURT
AWARDS
FUND
13
APPROPRIATIONS:
GENERAL GOVERNMENT
1,745,045
146,430
FINANCE
1,179,265
INFORMATION SYSTEMS
581,895
236,835
INSPECTIONS
945,270
PLANNING
745,965
207,550
POLICE
8,996,325
38,400
FIRE
6,450,200
PUBLIC WORKS
3,808,305
33,720
PARKS SERVICES
2,881,140
87,715
CABLE AUTHORITY
85,690
HUMAN RIGHTS
60,375
ENGINEERING
1,066,290
1,361,000
RISK MANAGEMENT
110,960
RENAISSANCE
363,465
1,200,000
INVESTMENT FUND
1,169,500
DEBT SERVICE / E911
2,922,430
1,581,615
SOLID WASTE OPERATION
4,132,255
FLEET MAINTENANCE
PENSIONS
CASH CARRY FORWRD/RESRV
15,075
FUND TRANSFERS OUT
1,536,980
3,607,500
1
4,380
TOTAL APPROPRIATIONS
30,557,170
1,361,000
4,777,000
251,910
1,581,615
38,400
FY2011
GENERAL
DEBT
SERVICE
FUND
(30)
CIP
FUND
(40)
BOND
FUND
(42)
SOLID
WASTE
FUND
50
CIVIC
CENTER
FUND
62)
RENTAL
FUND
63)
APPROPRIATIONS:
GENERAL GOVERNMENT
146,430
FINANCE
INFORMATION SYSTEMS
INSPECTIONS
PLANNING
207,550
POLICE
FIRE
PUBLIC WORKS
33,720
PARKS SERVICES
87,715
CABLE AUTHORITY
HUMAN RIGHTS
ENGINEERING
320,000
RISK MANAGEMENT
RENAISSANCE
1,200,000
INVESTMENT FUND
DEBT SERVICE / E911
2,922,430
SOLID WASTE OPERATION
4,132,255
FLEET MAINTENANCE
PENSIONS
CASH CARRY FORWRD/RESRV
176,345
FUND TRANSFERS OUT
870,000
1
4,380
TOTAL APPROPRIATIONS
2,922,430
1,873,980
870,000
1 4,308,600
87,715
118,100
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—. -
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FY2011
RADIO
FUND
(64)
FLEET
SERVICE
FUND
(70)
FLEET
TRUST
FUND
(71)
INSUR
FUND
(72)
HEALTH
INS TRUST
FUND
73)
MAINT
TRUST
FUND
(74)
APPROPRIATIONS:
FINANCE
INFORMATION SYSTEMS
GENERAL GOVERNMENT
INSPECTIONS
PLANNING
FINANCE
74,335
1,602,500
PUBLIC WORKS
INFORMATION SYSTEMS
PARKS SERVICES
CABLE AUTHORITY
INSPECTIONS
HUMAN RIGHTS
ENGINEERING
PLANNING
RENAISSANCE
272,910
INVESTMENT FUND
POLICE
DEBT SERVICE / E911
SOLID WASTE OPERATION
FIRE
FLEET MAINTENANCE
PENSIONS
1,837,360
PUBLIC WORKS
FUND TRANSFERS OUT
8,000
PARKS SERVICES
TOTAL APPROPRIATIONS
272,910
1,837,360
CABLE AUTHORITY
HUMAN RIGHTS
ENGINEERING
RISK MANAGEMENT
985,790
3,331,000
RENAISSANCE
INVESTMENT FUND
DEBT SERVICE / E911
SOLID WASTE OPERATION
FLEET MAINTENANCE
529,880
PENSIONS
CASH CARRY FORWRD/RESRV
52,395
FUND TRANSFERS OUT
TOTAL APPROPRIATIONS
126,730
529,880
1 1,602,500
985,790
3,331,000
8,000
FY2011
RENAIS
FUND
(80)
AEPF/PFPF
PENSION
FUND
(76),(77),(84)
APPROPRIATIONS:
GENERAL GOVERNMENT
FINANCE
INFORMATION SYSTEMS
INSPECTIONS
PLANNING
POLICE
FIRE
PUBLIC WORKS
PARKS SERVICES
CABLE AUTHORITY
HUMAN RIGHTS
ENGINEERING
RISK MANAGEMENT
RENAISSANCE
272,910
INVESTMENT FUND
DEBT SERVICE / E911
SOLID WASTE OPERATION
FLEET MAINTENANCE
PENSIONS
1,837,360
CASH CARRY FORWRD/RESRV
FUND TRANSFERS OUT
TOTAL APPROPRIATIONS
272,910
1,837,360
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.
SECTION 4. The City does hereby adopt the following financial management policies:
A. The General Fund's minimum undesignated cash balance shall be 8% of the General Fund's budgeted expenditures. The Solid Waste Fund's
minimum unreserved cash balance shall be 8% of the Solid Waste's budgeted operating expenses. The Debt Service Fund's designated fund balance shall be
sufficient to fully fund all outstanding debt including principal and interest.
B. The City Manager is authorized to transfer budgeted amounts between funds, departmental budget line items, and between divisions of departments
and between departments as shown in Section 2.
C. Funds designated as Commission contingency shall be obligated only upon approval by the City Commission by municipal order.
D. Funds designated as Administrative contingency shall be obligated at the discretion of the City Manager, however, the Commission shall be notified
five working days prior to approval of expenditure. If any individual member of the Board of Commissioners requests Commission review of a proposed
expenditure, the City Manager must bring expenditure before the Commission for approval by municipal order.
E. City Manager shall assure that recurring revenues are greater than or equal to recurring expenditures.
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F. The City Manager has the authority to enact a budget allocation program or to transfer funds to or from any departmental line item to insurance or
reserve accounts.
G. As new vehicles are purchased the City will fully fund the Fleet Trust Fund in order to replace rolling stock owned by the General 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. Additionally, General Fund transfers shall be made to offset the cost of initial rolling stock acquisition costs.
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. In fiscal year 2006, the City issued a General Obligation Bond for the Police and
i
Firefighters' Pension Fund (PFPF) bringing the fund up to an actuarily sound basis; however, the fiscal year 2009 recession 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.
J. The City will provide to all eligible employees a $708.33 per month credit (for the months of July - December 20 10) to be applied to the
Comprehensive Health Insurance Benefit Plan (Cafeteria Plan) as directed by the employee. In January 2011, this monthly credit will be increased by an amount
equal to the increase in the CPI (USDOL Bureau of Labor Statistics Consumer Price Index - All urban consumers) during a 12 month period ending September
2010.
K. The City will maintain a special fund called Investment 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.
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:
V.
Tammara Brock, City Clerk
Introduced by the Board of Commissioners, June 8, 2010
Adopted by the Board of Commissioners, June 22, 2010
Recorded by Tammara Brock, City Clerk, June 22, 2010
Published by The Paducah Sun, June 28, 2010
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