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Home My WebLink About2006 Ordinance No. 040• • • ORDINANCE NO . i/f2_ SERIES OF 2006 BY AUTH )RfTY COUNCil. Bll.L NO. 41 INTRODUCED BY COUNCIL MEMBER TOMASSO AN ORDINANCE ADOPTING THE BUDGET OF THE CITY OF ENGLEWOOD , COLORADO, FOR THE FISCAL YEAR 2007 . WHEREAS, pursuant to the provisions of Part I, Articl e X, of the Charter of the City of Englewood, Colorado, a budget for the fiscal year 200 7 was duly submitted by the City Manager to the City Council before September 15, 2006; 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 18. 2006. Regular notice of the time and place of sai d 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; and WHEREAS. it is the intent of the Cit y Council to adopt the 2007 budget as now submitted. NOW , THEREFORE , BE IT ORDAINED BY THE CITY COUNCil. OF THE CITY OF ENGLEWOOD , COLORADO, AS FOLLOWS : Section I. That the budget of the City of Englewood, Colorado. for the fiscal year 2007 , as submitted by the City Manager and duly considered by the City Council after public hearing , be md hereby is adopred as the budget for the City of En~!ewood for the fiscal year 2007 . Section 2. GENERAL FUND Total Fund Balance, January I. 2007 Sales/Use Tax Property and Specific Ownership Tax Franchise/Occupation/Cigarette Tax License/Pennits lntcrgoverrunental Revenue Charges for Services Cultural & Recreation Fines & Forfeitures Interest -1- 2007BUDG)a $ 7,583 ,883 V S 22,540,447 2,951 ,335 2.727,463 621,090 1,183,470 3,189,500 2,261,428 J,493,500 300,000 Miscellaneous l~!l!!Ql! Total Revenues s 37,411,233 • Other Financing Sources 222 !lJ!l Total Sources of Funds s 37,697,263 E&l!al!lilllm Legislation 32S,9S9 City Attorney's Office 720,646 Municipal Coun 932,562 City Manager's Office 655,188 Human Resources 563 ,298 Finance and Administrative Services 1,700,220 Information T cchnology 1,281,168 Public Works 5,176,852 Safety Services 16,833,823 Community Development 1.686,645 Library Services 1,3,6,263 Parks and Recreation Services 5,705 ,17 1 Contingencies 395,000 Debt Servic e I 869 7~1 Total Uses of Funds $ 39 ,182 ,556 Total Fund Balance , December 31, 2007 $ 6,098,590 • ~ DEBT SERVICE FUNDS Qsnml Qbli&ntion Bon!! Fl!D!! Fund Balance, Janwuy I, 2007 $ 11,020 Revenues $ 1,105 ,000 Expenditures $ 1,100,406 Fund Balance, December 31, 2007 $ 15,614 Paving District #38 Fund Balance, Janwuy I, 2007 $ 4,292 Revenues $ 44,211 Expenditures $ 48,503 Fund Balance, December 31 , 2007 $ -0- ~'llL4. SPECIAL REVENUE FUNDS !:;QDlm'.IUQD IIIIII 1:1111!1 Fund Balance , Janwuy I, 2007 $ 192,592 • -2- Revenues $ 315,000 • Ex penditures $ 286 ,000 Fund Balance, December 31, 2007 $ 221 ,592 Commercjlll R~lldu11 L2ID fllllll Fund Balance, January 1, 2007 $ 214,003 Revenues $ 10,000 Exp enditures $ 30 ,200 Fund Balance, December 31, 2007 $ 193,803 !:;Qmmuni~ I!~v~IQl!II!gJ! tl!ll!l Fund Balance, January I, 2007 $ -0- Re venues $ 450,000 Expenditures $ 450 ,000 Fund Balance, Dcccrnber 31 , 2007 $ -0- I>on2rs Fund • Fund Balance, January 1, 2007 $ 386 ,025 Revenues $ 108,100 Expenditures $ 89,785 Fund Balance, December 31 , 2007 $ 404 ,340 MAIi~ !;;~!!.l Irust fund Fund Balance, January 1, 2007 $ 254 ,76 8 Revenues $ 23 ,000 Expenditures $ 50,000 Fund Balance, December 31 , 2007 $ 227,768 btg 111!1 ~rati20 Illllt El!II!! Fund Balance, January 1, 2007 $ 427,953 Revenues $ 13,500 Expenditurca $ 19,000 • Fund Balance, December 31 , 2007 $ 422,453 -3- s~ NKIIIDCIII Sl1Qlllll l 1&6ci1310: Fllll!I • Fwul Balance, January I, 2007 $ IS ,734 Revenues $ 2,000 Expendillll'lS and Transfers $ 17,734 Fund Balance, December 31 , 2007 $ --0- Open Space F'und Fund Balance, January I, 2007 $ 564 ,110 Revenues $ 652 ,000 Expenditures $ 913 ,000 Fund Balance, December 31 , 2007 $ 303 ,11 0 Section 5. CAPITAL PROJECT FUNDS Public Improvement Fund Fund Balance , January 1, 2007 $ <87,045 > Revenues $ 3,345,489 Expenditures and Transfers $ 3,063,735 • Fund Balance, December 31, 2007 $ 194,709 Capital Projects Fund Fund Balance, January I, 2007 $ 93,100 Revenues and Transfers In $ 1,635 ,205 Expenditures $ 1,485,205 Fund Balanct, December 31, 2007 $ 243,100 ~ INTERNAL SERVICE FUNDS Servjcemcr Fund Fund Balance, January I, 2007 $ 498 ,308 Revenues $ 1,855 ,490 Expenditures $ 1,952 ,048 Fund Balance, December 31, 2007 $ 401,750 Capital Egujpment Replacement Fund • -4- Fund Balance , January I, 2007 s 460 ,79 1 • Revenues s 765,633 Expenditures s 1,089,664 Fund Balance, December 31, 2007 s 136,760 Risk Management Fund Fund Balanc e, January I , 2007 $ 240,132 Revenues $ 1,3 18,632 Expenditures $ 1,273,985 Fund Balance , December 31, 2007 $ 284 ,779 i;D111l2~•· l!cu•fili fund Fund Balance, January I, 20076 $ 413 ,404 Revenues $ 4,7 18 .253 Expenditures s 4,700,200 Fund Balance , Decembet l ,, 2007 $ 431,457 • Central Services fund Fund Balance, January I. 2007 $ 229 ,728 Revenues $ 345,000 Expenditures s 354,605 Fund Ba lane · December 31. 2007 $ 220.123 Section 7. ENTERPRISE FUNDS ~ Fund Balance, January I. 2007 $ 4.062 ,001 Revenues $ 7,564 .205 Expenditures s 8,261.825 Fund Balance, December 31, 2007 s 3,364,381 ~~ Fund Balance, Janw•ry I , 2007 $ 22,274.35 I • -5- ... Revenues $12,250,065 Expenditur .. $ 28,965,450 • Fund Balance, December 31 , 2007 $ 5,558,966 Sll!lm Drainaa; fund Fund Balance, January I, 200i $ SSS,990 Revenues $ 315,500 Expenditures $ 351,110 Fund Balance, December 31, 2007 $ 520,381 QQIL~ Fund Balance, January I, 2007 $ 122,823 Revenues $ 1,684 ,587 Expcuditurcs $ 1,784,587 Fund Balance, December 31 , 2007 $ 22,823 ~!Ll.!li~ • Fund Bal11nce, January I , 2007 $ 526,375 Rcvtnues $ 621 ,200 Expenditures $ 674,632 Fund Balance, December 31, 2007 s 472,943 H2.q1ioa R~billili111i2n l:!!DI! Fund Balance, January I, 2007 s 1,900,704 Revenues s 1,824,500 Expenditures s 1,824,500 Fund Balance, December 31 , 2007 $ 1,900,704 ~-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. Introduced, read in full, and pass ed on fim reading on the 16th day of October, 2006. • -6- • • • Published u a Bill for an Ordinance on the 20th day of October, 2006. Read by title and passed on final !'Clding on the 6th day of November, 2006 . Published by title as Ordinance No .':&_, Series of 2006, on the 10th day of November, 2006. I, l.oucrishia A. Ellis, City Clerk of the City of Englewood, Colorado, hmby ccnify that the above and foregoing is a tnl~fflPY of the Ordinance passed on final reading and published by title as Ordinance No . 'iY,, Series of 2006 . -7- • COUNCIL COMMUNICATION Date Agenda Item Subject October 16, 2006 11 a ii Bill For An Ordinance Adopting the BudRet For Fiscal Year 2007 Initiated By Staff Source Department Of Finance and Administrative Frank Gryglewicz, Director Services COUNCIL GOAL AND PREVIOUS COUNCIL ACTION City Council and staff held a 2006 Goals /2007 Budget discussion on May 13, 2006. A preliminary budget summary and update was done on September 5, 2006 . A public hearing regarding the proposed 2006 Budget was held on September 18, 200 6. The operating budgets and Multiple Year Capital Plan for all City departments and funds was reviewed at a budget retreat held on September 23 , 2006. RECOMMENDED ACTION • Staff recommends Council approve the proposed bill for an ordinance adopting the 2007 budget. • BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED The Charter of the City of Englewood requires th r _.,y Council to adopt the next year's Budget and Appropriation Ordinances no later than thirty days prior to the first day of the next fiscal year . FINANCIAL IMPACT The General Fund is budgeting total sources of funds of $37,697 ,2 63 and total uses of funds of $39,182 ,556 leaving an unreserved /undesignated fund balance of $5 ,497,981 or 13 .2 percent of total revenues . The total General Fund appropriation is $39,182,556 for 2007 . LIST OF ATTACHMENTS Proposed bill for an ordinance