HomeMy WebLinkAbout2017-11-8503ORDINANCE NO. 2017-11-8503
AN ORDINANCE AMENDING ORDINANCE NO. 2017-06-8487,
ENTITLED, "AN ORDINANCE ADOPTING THE CITY OF PADUCAH,
KENTUCKY, ANNUAL BUDGET FOR THE FISCAL YEAR JULY 1, 2017,
THROUGH JUNE 30, 2018, BY ESTIMATING REVENUES AND RESOURCES AND
APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT"
WHEREAS, when the FY2018 Solid Waste Fund budget was adopted the
recycling program was being studied and appropriations were not included for the
program; and
WHEREAS, the Board of Commissioners have decided to implement a
recycling program, therefore, the FY2018 Solid Waste Fund budget will need an
additional $320,000 for the acquisition of capital assets for the initial phase of the
recycling program; and
WHEREAS, when the FY2018 budget was drafted in spring of 2017 there
was no historical experience for a budget for the operation of the transient boat dock,
therefore, the FY2018 budget needs to be adjusted $25,000 to cover the following
expenditures: Liability insurance, $8,000; communication/plant upkeep, $3,000; and, cost
of fuel to be sold, $14,000; and
WHEREAS, in order to re-establish an Administrative Assistant position
in General Government, $52,000 is required to be added to the General Fund budget to
cover cost of wages and related fringe benefits for the position; and
WHEREAS, two police vehicles were ordered during FY2017 and
delivered in August 2017 (FY2018), therefore, an additional $72,000 is needed in the
Fleet Lease Trust Fund account to prevent a deficit for FY2018; and
WHEREAS, KRS prohibits expenses to exceed the budget in any
department, it is necessary to amend the City's FY2018 budget.
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the annual budget for the fiscal year beginning July 1,
2017, and ending June 30, 2018, Ordinance No. 2017-06-8487, be amended by the
following re -appropriations:
• Transfer $320,000 from Solid Waste Fund fund reserves to the Solid
Waste Fund (5000)
• Transfer $25,000 from General Fund fund reserves to Transient Boat
Dock Fund (5300)
• Transfer $52,000 from General Fund fund reserves to General
Government — General Fund (1000)
• Transfer $72,000 from Fleet Lease Trust Fund fund reserves to Fleet
Lease Trust Fund (7100)
SECTION 2. This ordinance shall be read on two separate days and will
become effective upon summary publication pursuant to KRS Chapter 424.
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ATTEST:
Tammara S. Sanderson, City Clerk
Mayor
Introduced by the Board of Commissioners, November 7, 2017
Adopted by the Board of Commissioners, November 14, 2017
Recorded Tammara S. Sanderson, City Clerk, November 14, 2017
Published by The Paducah Sun, November 17, 2017
\ord\finance\budget amend 2017-18 - Nov 2017 (1St Amendment)
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