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HomeMy WebLinkAbout2012 06_Annual Operating Budget_2012.07.19CITY OF OWASSO, OKLAHOMA RESOLUTION NO. 2012-06 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2012-2013 FOR THE GENERAL FUND AND OTHER FUNDS AS ESTABLISHED BY THE OWASSO CITY COUNCIL; ESTABLISHING LEVELS OF EXPENDITURES BY DEPARTMENT AND ESTABLISHING BUDGET AMENDMENT AUTHORITY AS PROVIDED BY STATUTE; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS: The City of Owasso has adopted the provisions of the Oklahoma Municipal Budget Act (the Act); and WHEREAS: The City Manager has prepared a budget for the fiscal year ending June 30, 2013 (FY 2012-2013) consistent with the Act; and WHEREAS: The Act provides for the City Manager, or designee, to transfer any unexpended and unencumbered appropriation from one department to another within the same fund; and WHEREAS: The budget has been formally presented to the Owasso City Council at least 30 days prior to the start of the fiscal year in compliance with the Act; and WHEREAS: The Owasso City Council published notice of a Public Hearing, and conducted the Public Hearing on June 5, 2012, in compliance with the Act. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OWASSO, OKLAHOMA: THAT: The City Council of the City of Owasso does hereby adopt the FY 2012-2013 Budget with total resources available in the amount of $48,164,982 and total fund/departmental appropriations in the amount of $48,164,982; legal appropriations are hereby established as shown on "Attachment A" for each fund and department; and THAT: The encumbrances and unexpended appropriation balances for capital projects in the Capital Improvements Fund and CDBG Fund for Fiscal Year 2011-2012 be and the same are hereby reappropriated to the same funds, accounts and for the same purposes for Fiscal Year 2012-2013 unless the project or purpose is designated or declared closed or completed; and THAT: The Sinking Fund Schedules for June 30, 2012 and Sinking Fund Estimate of Needs for Fiscal Year Ending June 30, 2013 are hereby approved to be Filed with the County Excise Board; and THAT: The effective date of this Resolution shall be July 1, 2012. APPROVED AND ADOPTED this 19th day of June, 2012 by the City Council of the City of Owasso, Oklahoma. Mayor APPROVED AS TO FORM: 4;~"' L Ga4cU J ie Lombardi, City Attorney City Resolution No. 2012-06 Budget Summary - Fiscal Year 2012-2013 Appropriation By Fund & Department General Fund-- Municipal Court 232,319 Managerial 791,552 Finance 569,346 Human Resources 347,162 General Government 498,190 Information Technology 534,085 Support Services 352,894 Community Development 475,530 Police Services 4,828,405 Police Communications 717,995 Animal Control 137,341 Fire Services 4,353,116 Emergency Preparedness 131,079 Engineering 602,985 Streets 795,648 Stormwater 465,214 Cemetery 17,300 Parks 555,294 Community Center 161,414 Historical Museum 28,667 Economic Development 109,244 Interfund Transfers Out 19,375,000 Ambulance Service Fund-- Ambulance Operations 1,267,732 Ambulance Capital Fund-- Ambulance Operations 277,800 Public Safety Capital Fund-- Police Services 330,200 Fire Services 186,500 E-911 Fund-- Police Communications 266,145 Cemetery Care Fund-- Cemetery 3,600 Emergency Siren Fund-- Emergency Preparedness 10,000 Juvenile Court Fund-- Juvenile Court 8,000 Hotel Tax Fund-- Economic Development 103,750 Strong Neighborhood 118,007 Stormwater Management Fund-- Stormwater 1,069,823 Interfund Transfers Out 238,200 Capital Improvements Fund-- Police Services 700,000 Vehicle Maintenance 275,000 Streets 1,440,000 Parks 505,000 CDBG Fund-- Streets 113,845 City Garage Fund-- Vehicle Maintenance 376,100 Workers' Comp Self-Ins Fund-- General Government 505,000 Gen Prop Liab Ins Fund-- General Government 200,000 Healthcare Self Ins Fund-- General Government 3,942,000 Sinking Fund-- General Government 148,500 Total Appropriation $ 48,164,982 Attachment A Res. 2012-06 The City Wit7aut Limits. TO: The Honorable Mayor and City Council City of Owasso FROM: Rodney Ray City Manager SUBJECT: Resolution No. 2012-06 FY 2012-2013 Annual Operating Budget DATE: June 15, 2012 APPROVED BY COUNCIL JUN 19 2012 BACKGROUND: Pursuant to statutory and Charter provisions, an annual operating budget for the General Fund, OPWA Fund, OPGA Fund and other funds has been developed and was transmitted for City Council review on Tuesday, May 1, 2012. The proposed budget was discussed during the May and June Council work sessions. Printed copies of the proposed budget have been available for public viewing at City Hall and the Owasso Library. In addition, the proposed budget was posted on the City's website and has been accessed approximately 240 times. On May 24, 2012, legal notice of a public hearing was published in the Owasso Reporter, and such hearing was conducted on June 5, 2012. The public hearing provided opportunity for citizen comment and questions relating to the proposed budget and the City Council heard from nine residents. State statutes require adoption of an annual budget through a resolution no later than seven days prior to the beginning of the new budget year (Title 11, Section 17-209A). Resolution No. 2012-06 with "Attachment A" (budget summary) provides the adoption of a fiscal year budget for the General Fund and other funds of the City. Based on discussions since the budget was originally presented on May 15t, this recommended budget has been amended as follows: • Increase the operating transfer in to the general fund from the OPWA by $100,000 for a total of $400,000; • Increase the sales tax revenue in the general fund by $90,000, increase the sales tax transfer out of the general fund to the OPWA sales tax account by $90,000, and increase the sales tax transfer in to the general fund from the OPWA sales tax account by $60,000; • Increase the appropriation for expenditures in the general fund for personal services in the police department by $109,000 and for personal services in the street department by $51,000; • Decrease the appropriation for expenditures in the hotel tax fund by $130,000; and • Decrease the appropriation for expenditures in the park development fund by $50,000. RECOMMENDATION: Staff recommends City Council approval of Resolution No. 2012-06 adopting a Fiscal Year 2012- 2013 budget for the General Fund and all other funds of the City. ATTACHMENT: Resolution No. 2012-06