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Home My WebLink About2014 Ordinance No. 061,· t BY AUTHORITY ORDINANCE NO. flj_ SERIES OF 2014 COUNCIL BILL NO. 54 INTRODUCED BY COUNCIL MEMBER OLSON/WILSON AN ORDINANCE ADOPTING THE BUDGET OF THE CITY OF ENGLEWOOD, COLORADO, FOR FISCAL YEAR 2015. WHEREAS, pursuant to the provisions of Part I, Article X, of the Charter of the City of Englewood, Colorado, a budget for fiscal year 2015 was duly submitted by the City Manager to the City Council on September 8, 2014; and WHEREAS, a public hearing on said budget was held by the City Council within three weeks after its submission at the meeting of the City Council on September 15, 2014. Regular notice of the time and place of said hearing was published within seven days after submission of the budget in the manner provided in the Charter for the publication of an ordinance; and WHEREAS, the City Council of the City of Englewood has studied and discussed the budget on numerous occasions; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS: Section 1. That the budget of the City of Englewood, Colorado, for fiscal year 2015, as submitted by the City Manager, duly considered by the City Council and with changes made by the City Manager to reflect Council discussion after public hearing, is adopted as the budget for the City of Englewood for the fiscal year 2015. Section 2. GENERAL FUND Total Fund Balance, January 1, 2015 Sales/Use Tax Property and Specific Ownership Tax Franchise/Occupation/Cigarette Tax/Hotel License/Permits Intergovernmental Revenue Charges for Services Cultural & Recreation Fines & Forfeitures Interest Contribution from Component Units Other 1 2015BUDGET $ 10,416,386 Revenues 24,200,000 3,160,000 3,208,550 1,107,122 1,400,924 3,318,899 2,556,900 1,396,844 88,164 858 ,882 329,413 l1 b i Total Revenues Other Financing Sources Total Sources of Funds Legislation City Manager's Office City Attorney's Office Municipal Court Human Resources Finance and Administrative Services Information Technology Community Development Public Works Police Fire Library Services Parks and Recreation Services Contingencies Debt Service Total Uses of Funds Total Fund Balance, December 31, 2015 Section 3. SPECIAL REVENUE FUNDS Conservation Trust Fund Fund Balance, January 1, 2015 Revenues Expenditures Fund Balance, December 31, 2015 Communi!Y Develonment Fund Fund Balance, January 1, 2015 Revenues Expenditures Fund Balance, December 31, 2015 2 $ 41,625,698 294,326 $ 41,920,024 Exnenditures 357,575 731,307 869,106 1,085,494 482,893 1,805,052 1,425,389 1,288,781 5,790,091 12,157,100 9,139,834 1,317,657 6,053,116 200,000 1,863,314 $ 44,566,709 $ 7,770,143 $ 88,094 $ 310,000 $ 375,000 $ 23,094 $ -0- $ 360,000 $ 360,000 $ -0- . . .. • - C. - Donors Fund Fund Balance, January 1, 2015 Revenues Expenditures Fund Balance, December 31, 2015 Parks and Recreation Trust Fund Fund Balance, January 1, 2015 Revenues Expenditures Fund Balance, December 31, 2015 Malley Center Trust Fund Fund Balance, January 1, 2015 Revenues Expenditures Fund Balance, December 31, 2015 Open Space Fund Fund Balance, January 1, 2015 Revenues Expenditures Fund Balance, December 31, 2015 Section 4. DEBT SERVICE FUND General Obligation Bond Fund Fund Balance, January 1, 2015 Revenues Expenditures Fund Balance, December 31, 2015 3 $ 350,233 $ 88,540 $ 283,000 $ 155,773 $ 457,711 $ 16,300 $ 365,000 $ 109,011 $ 188,088 $ 7,000 $ 75,000 $ 120,088 $ 63,177 $ 665,000 $ 663,000 $ 65,177 $ 46,876 $ 1,107,000 $ 1,110,313 $ 43,563 ..t Section 5. CAPITAL PROJECT FUNDS -Public Im12rovement Fund Fund Balance, January 1, 2015 $ 171,857 Revenues $ 3,109,000 Expenditures and Transfers $ 3,244,326 Fund Balance, December 31, 2015 $ 36,531 Ca12ita1 Projects Fund Fund Balance, January 1, 2015 $ 23,018 Revenues and Transfers In $ 703,000 Expenditures $ 704 ,602 Fund Balance, December 31, 2015 $ 21,416 Section 6. ENTERPRISE FUNDS Water Fund Fund Balance, January 1, 2015 $ 9,121,504 Revenues $ 8,519,956 Expenditures $ 9,808,593 Fund Balance, December 31, 2015 $ 7,832,867 Sewer Fund Fund Balance, January 1, 2015 $ 1,639,312 Revenues $ 16,207,602 Expenditures $ 16,927,366 Fund Balance, December 31, 2015 $ 919,548 Storm Drainage Fund Fund Balance, January 1, 2015 $ 1,030,219 Revenues $ 329,013 Expenditures $ 340,614 Fund Balance, December 31, 2015 $ 1,018,618 Golf Course Fund Fund Balance, January 1, 2015 $ 448,750 Revenues $ 1,968,498 Expenditures ·$ 2,230,778 Fund Balance, December 31, 2015 $ 186,470 Concrete Utilirt: Fund Fund Balance, January l, 2015 $ 329,851 Revenues $ 884,200 - 4 Expenditures $ 880,493 • Fund Balance, December 31, 2015 $ 333,558 Housing Rehabilitation Fund Fund Balance, January l, 2015 $ 1,570,415 Revenues $ 1,000,000 Expenditures $ 1,000,000 Fund Balance, December 31, 2015 $ 1,570,415 Section 7. n-ITERNAL SERVICE FUNDS Central Services Fund Fund Balance, January 1, 2015 $ 67,141 Revenues $ 316,900 Expenditures and Transfers $ 341,307 Fund Balance, December 31, 2015 $ 42,734 Servicenter Fund Fund Balance, January 1, 2015 $ 1,171,256 Revenues $ 2,581,233 Expenditures and Transfers $ 3,389,622 Fund Balance, December 31, 2015 $ 362,867 -Capital Egui:gment R~lacement Fund Fund Balance, January l, 2015 $ 1,575,032 Revenues and Transfers In $ 998,000 Expenditures $ 1,841,449 Fund Balance, December 31, 2015 $ 731,583 Risk Management Fund Fund Balance, January 1, 2015 $ 26,288 Revenues $ 1,535,568 Expenditures $ 1,531,899 Fund B_alance, December 31, 2015 $ 29,957 Employee Benefits Fund Fund Balance, January 1, 2015 $ 42,335 Revenues $ 6,553,501 Expenditures $ 6,553,714 Fund Balance, December 31, 2015 $ 42,122 Section 8. That the said budget shall be a public record in the office of the City Clerk and shall be open to public inspection. Sufficient copies thereof shall be made available for the use of the City Council and the public, the number of copies to be determined by the City Manager. 5 Introduced, read in full, corrected and passed on first reading on the 6th day of October 2014. Published as corrected by Title as a Bill for an Ordinance in the City's official newspaper on the 10th day of October, 2014. Published as a corrected Bill for an Ordinance on the City's official website beginning on the 8th day of October, 2014 for thirty (30) days. Read by title, amended and passed as amended on the 20lh day of October, 2014. Published by title, as an amended Bill for an Ordinance in the City's official newspaper on the 24th day of October, 2014. Published in full as an amended Bill for an Ordinance on the City's official website beginning on the 22nd day of October, 2014 for thirty (30} days. Read by title, as amended and passed on final reading on the 3rd day of November, 2014. Published by title as amended in the City's official newspaper as Ordinance No.{cj_, Series of 2014, on the 7th day of November, 2014. Published by title as amended on the C ity's official website beginning on the 5th day of November, 2014 for thirty (30) days. £(;>-~ ~§ P. Penn, Mayor I, Loucrishia A. Ellis, City Clerk of the City of Englewood, Colorado, hereby certify that the above and foregoing is a true copy o&;~ amended Ordinance passed on final reading and published by title a s Ordinance No. Series of 2014. 6 • COUNCIL COMMUNICATION Date Agenda Item Subject October 6, 2014 11 a iv Bill For An Ordinance Adopting the Budget For Fiscal Year 201 S Initiated By Staff Source Department Of Finance and Administrative Services Frank Gryglewicz, Director COUNCIL GOAL AND PREVIOUS COUNCIL ACTION City Council and staff began the 201 S budget process at the April 28, 2014 Study Session with an overview of the Five Year Forecast, Long Term Asset Reserve (LTAR) and preliminary budget discussion. The Proposed Budget was discussed with Council at the August 4, 2014 Study Session. The Proposed Budget was reviewed again with Council and staff at the August 18, 2014 Study Session. On September 2, 2014, the Budget Advisory Committee provided Council with an update of their activities and provided an Annual Report regarding their findings and recommendations as well as a Citizens' Budget. A A public hearing to gather citizen input regarding the 201 S Proposed Budget was held on September 15, W 2014. A "budget workshop" was held at the September 22, 2014 Study Session to discuss input from citizens at the public hearing. RECOMMENDED ACTION Staff recommends Council approve the proposed bill for an ordinance adopting the 201 S Budget. BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED The Charter of the City of Englewood requires the City Council to adopt next year's Budget and Appropriation Ordinances no later than thirty days prior to the first day of the next fiscal year to insure there is legal authority to expend funds. Due to limited growth in the revenue sources available to the City, the 2015 Budget limited expenditures increases as much as possible while limiting the impact on the citizens . Many City employees continue to sacrifice to make this budget work by using and not cashing out personal leave and taking on additional duties to help maintain service levels and the City's financial reserves. City staff and Council worked together to hold expenditure increases in check as much as they could but some expenditures, mainly personnel-related, continue to grow outside of the control of staff. • Staff requests Council approve the following by motion: • Highway User Tax estimate increase $50,313 • legislation Budget increase (council salaries) $1,723 • Fire Department increase for MetCom contract $182,648 • Fire Department increase Training Bureau Chief $29,532 • Fire Department increase for personnel $10,588 Total net change is $174,178. The Proposed Budget presented at Council on September 8, 2014 showed total sources of $41,869,711 and total uses of $44,342,218, with total ending reserves of $7,943,879. If Council approves the items listed above by motion total sources of funds are $41,920,024 total uses of funds are $44,566,709 and total 2015 reserves are estimated at $7,769,701 with an Unassigned Fund Balance of $3,766,602 or nine percent of revenues. FINANCIAL IMPACT The General Fund is budgeting (with the motion above) total sources of funds of $41,920,024 and total uses of funds of $44,566,709 leaving a total reserve of $7,769,701 and an Unassigned Fund Balance of $3,766,602 or nine percent of total revenue. The total General Fund appropriation is $44,576,902 for 2015. LIST OF ATTACHMENTS Proposed bill for an ordinance . . ..