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HomeMy WebLinkAbout2009 08_Annual Budget_2009.06.16CITY OF OWASSO, OKLAHOMA RESOLUTION NO. 2009-08 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2009-2010 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, 2010 (FY 2009-2010) 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 has conducted a Public Hearing on June 2, 2009, and published notice of the Public Hearing 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 2009- 2010 Budget with total resources available in the amount of $46,300,148 and total fund/departmental appropriations in the amount of $44,483,679; 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 for Fiscal Year 2008-2009 be and the same are hereby reappropriated to the same funds, accounts and for the same purposes for Fiscal Year 2009-2010 unless the project or purpose is designated or declared closed or completed; and THAT: The effective date of this Resolution shall be July 1, 2009. APPROVED AND ADOPTED this 16th day of June, 2009 by the City Council of the City of Owasso, Oklahoma. G~~~ O F O~ ~~ ~N Stephen Cataudella, Mayor ~ OFFICIAL ~ SEAL ATTEST: ~kI.AHONIP Sherry Bis p, City Cler APPROVED AS TO FORM: Julie L bardi, City Attorney MEMORANDUM TO: THE HONORABLE MAYOR AND CITY COUNCIL CITY OF OWASSO FROM: SHERRY BISHOP ASSISTANT CITY MANAGER SUBJECT: RESOLUTION N0.2009-08 FISCAL YEAR 2009-2010 BUDGET DATE: June 12, 2009 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 transmitted for your review. On May 26, 2009 legal notice of a public hearing was published in the Owasso Reporter, and such hearing was conducted on June 2, 2009. The public hearing provided opportunity for citizen comment and questions relating to the proposed budget. In addition, copies of the proposed budget have been available for public review. State statutes require adoption of an annual budget by the City Council through a resolution. Resolution No. 2009-08 with "Attachment A" (budget summary) provides for the adoption of a fiscal year budget for the General Fund and other funds of the city with total resources (fund balance, revenues and transfers in) of $46,300,148 and total appropriations by department of $44,483,679. The Municipal Budget Act authorizes an alternate method of budgeting for grants and capital projects that extend beyond a single fiscal year. The existing budgets may be reappropriated to the same project in the succeeding fiscal year without specifying the exact dollar amount. For example, this allows the appropriation for the 106th and Garnett intersection improvements to roll forward automatically into the new fiscal year. If approved by Council, wording in Resolution No. 2009-08 will reappropriate funds for all incomplete capital projects in the Capital Improvements Fund. RECOMMENDATION: Staff recommends City Council approval of Resolution No. 2009-08 adopting a fiscal year 2009-2010 budget for the General Fund and all other funds of the City. ATTACHMENT: Resolution No. 2009-08 Attachment A City of Owasso - Budget Summary Fiscal Year 2009-2010 Appropriation by Fund & Department General Fund-- Municipal Court 222,626 Managerial 808,576 Finance 538,841 Human Resources 334,960 General Government 527,000 Community Development 441,238 Engineering 578,203 Information Technology 532,347 Support Services 420,019 Cemetery 16,070 Police Services 4,661,110 Police Communications 513,422 Animal Control 134,435 Fire Services 3,794,687 Emergency Preparedness 120,991 Streets 914,368 Stormwater 642,131 Parks 560,948 Community Center 154,525 Historical Museum 93,429 Economic Development 160,843 Interfund Transfers Out 17,749,075 Ambulance Service Fund-- Ambulance Operations 1,000,766 Interfund Transfers Out 176,381 E-911 Fund-- Police Communications 264,671 Cemetery Care Fund-- Cemetery 7,500 Juvenile Court Fund-- Juvenile Court 13,250 Hotel Tax Fund-- Economic Development 53,000 Strong Neighborhoods 85,275 Stormwater Management Fund-- Stormwater 2,699,750 Interfund Transfers Out 299,184 Ambulance Capital Fund-- Ambulance Operations 300,000 Fire Capital Fund-- Fire Services 500,000 Park Development Fund-- Parks 117,800 CDBG Fund-- Capital Project 192,858 Capital Improvements Fund-- Streets 800,000 City Garage Fund-- Vehicle Maintenance 392,000 Workers' Comp Self-Ins Fund-- General Government 663,400 Gen Liability Property Ins Fund-- General Government 243,000 Healthcare Self Ins Fund-- General Government 2,755,000 Total Appropriation $ 44,483,679