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Legislation #: 081156 Introduction Date: 11/20/2008
Type: Ordinance Effective Date: 12/21/2008
Sponsor: None
Title: Repealing Ordinance No. 960349 pertaining to the establishment of a separate fund for gaming receipts; authorizing the recording of gaming revenues in the General Fund beginning May 1, 2009; and restating the intent of the Council with regard to the future use of gaming funds.

Legislation History
DateMinutesDescription
11/14/2008 Filed by the Clerk's office
11/20/2008 Referred to Finance and Audit Committee
12/3/2008 Do Pass
12/4/2008 Add to Consent Docket
12/11/2008 Passed

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http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=081156 Video Link 0K http://kansascity.granicus.com/ViewSearchResults.php?view_id=2&keywords=081156
081156.pdf Authenticated 66K Authenticated
Fact Sheet - Gaming Fund Repeal.xls Fact Sheet 33K Fact Sheet - Gaming Repeal
Fiscal Note-Gaming Repeal.xls Fiscal Note 37K Fiscal Note - Gaming Repeal

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ORDINANCE NO. 081156

 

Repealing Ordinance No. 960349 pertaining to the establishment of a separate fund for gaming receipts; authorizing the recording of gaming revenues in the General Fund beginning May 1, 2009; and restating the intent of the Council with regard to the future use of gaming funds.

WHEREAS, the City Council, by Resolution Nos. 950505 and 950905, stated its intent to allocate gaming revenues for the purpose of capital improvements and deferred maintenance; and

WHEREAS, Ordinance No. 960349 as approved on April 18, 1996, established the Infrastructure and Maintenance Fund (No. 2090) for the receipt of revenues from gaming activities; and

WHEREAS, further City Council resolutions and ordinances allocated gaming revenues for debt service on the expanded streetlight system, and debt service for the new Performing Arts Center; and

WHEREAS, the City Council through adoption of all budgets since FY 1996-97 has honored the intent of this commitment and will continue to do so in future budgets until all commitments have been fully honored; and

WHEREAS, in an effort to reduce the number of funds used by the City, the City desires to record all gaming receipts and expenditures in the General Fund beginning May 1, 2009; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That Ordinance No. 960349 is hereby repealed with an effective date of May 1, 2009.

Section 2. That the Director of Finance is hereby directed to deposit all revenues from gaming admissions charges and gaming gross receipts into the General Fund beginning May 1, 2009.

Section 3. That the City Council states its intent to continue to use available gaming funds to support the following City initiatives:

1.      Debt service on the streetlight system expansion;

 

2.      Debt service on the Citys contribution to the Kauffman Performing Arts Center;


 

3.      Capital maintenance funding of City infrastructure

 

4.      Equipment replacement funding for City departments

 

________________________________________

 

Approved as to form and legality:

 

 

_______________________________

Heather A. Brown

Assistant City Attorney