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HomeMy WebLinkAbout2010 06_Adoption of Federal Budget_2010.06.15CITY OF OWASSO, OKLAHOMA ( RESOLUTION NO. 2010-06 A RESOLUTION PROVIDING FOR THE ADOPTION OF AN ANNUAL BUDGET FOR FISCAL YEAR 2010-2011 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, 2011 (FY 2010-2011) 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 1, 2010, 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 2010- 2011 Budget with total resources available in the amount of $40,513,718 and total fund/departmental appropriations in the amount of $40,152,788; 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 2009-2010 be and the same are hereby reappropriated to the same funds, accounts and for the same purposes for Fiscal Year 2010-2011 unless the project or purpose is designated or declared closed or completed; and Attachment A Res. 2010-06 City Resolution No. 2010-06 Budget Summary - Fiscal Year 2010-2011 ADDroDrlation by Fund & Department General Fund-- Municipal Court 211,080 Managerial 789,737 Finance 528,179 Human Resources 300,502 General Government 434,000 Community Development 423,882 Engineering 549,929 Information Technology 498,730 Support Services 316,464 Cemetery 5,680 Police Services 4,441,223 Police Communications 615,921 Animal Control 130,424 Fire Services 4,238,971 Emergency Preparedness 133,495 Streets 685,267 Stormwater 404,500 Parks 396,910 Community Center 161,992 Historical Museum 80,372 Economic Development 112,502 Interfund Transfers Out 16,831,075 Ambulance Service Fund-- Ambulance Operations 1,068,400 Interfund Transfers Out 176,503 E-911 Fund-- Police Communications 265,169 Cemetery Care Fund-- Cemetery 7,500 Juvenile Court Fund-- Juvenile Court 1,000 Hotel Tax Fund-- Historical Museum 21,000 Economic Development 59,000 Strong Neighborhoods 92,090 Stormwater Management Fund-- Stormwater 799,900 Interfund Transfers Out 236,601 Ambulance Capital Fund-- Ambulance Operations 188,000 Fire Capital Fund-- Fire Services 128,700 CDBG Fund-- Capital Project 302,090 Capital Improvements Fund-- Streets 200,000 City Garage Fund-- Vehicle Maintenance 385,000 Workers' Comp Self-Ins Fund-- General Government 542,000 Gen Liability Property Self-Ins Fund-- General Government 200,000 Healthcare Self Ins Fund-- General Government 3,189,000 Total Appropriation $ 40,152,788 THAT: The effective date of this Resolution shall be July 1, 2010. APPROVED AND ADOPTED this 15"' day of June, 2010 by the City Council of the City of Owasso, Oklahoma. G~~y OF 0 / Z~ 9N C OFFICIAL U SEAL ATTEST: 0' Cr OP Sherry Bislfp, City APPROVED AS TO FORM: ()444 LvwiLo ctj Ju ie Lombardi, City Attorney APPROVED BY COUNCIL JUN 17 4M MEMORANDUM TO: THE HONORABLE MAYOR AND CITY COUNCIL CITY OF OWASSO FROM: SHERRY BISHOP ASSISTANT CITY MANAGER SUBJECT: RESOLUTION NO. 2010-06 FISCAL YEAR 2010-2011 BUDGET DATE: June 11, 2010 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 27, 2010 legal notice of a public hearing was published in the Owasso Reporter, and such hearing was conducted on June 1, 2010. 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. 2010-06 with "Attachment A" (budget summary) provides for the adoption of a fiscal year budget for the General Fund and other fiends of the city with total resources (fund balance, revenues and transfers in) of $40,513,718 and total appropriations by department of $40,152,788. 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 106"' and Garnett intersection improvements to roll forward automatically into the new fiscal year. If approved by Council, wording in Resolution No. 2010-06 will re-appropriate fiends for all incomplete capital projects in the Capital Improvements Fund. RECOMMENDATION: Staff recommends City Council approval of Resolution No. 2010-06 adopting a fiscal year 2010-2011 budget for the General Fund and all other funds of the City. ATTACHMENT: Resolution No. 2010-06