SECOND COMMITTEE
SUBSTITUTE FOR ORDINANCE NO. 080478
Reducing revenues and adjusting
appropriations in the Neighborhood Improvement District Fund (No. 6820); and
estimating and appropriating funds for debt service in the Equipment Lease Debt
Fund for FY 2008-09.
WHEREAS, the
Neighborhood Improvement District Fund (No. 6820) is an agency fund of the City
to record revenues and expenditures associated with seven neighborhood
improvement district special assessment projects that are administered by the
City; and
WHEREAS,
this fund acts as a clearinghouse for these projects and is not reported as a
part of the overall budget of the City; and
WHEREAS, the
final allocation for the 2008 KCMO Special Obligation Bond Fund occurred to
late in the fiscal year to be incorporated into the overall FY 2008-09 adopted
budget; and
WHEREAS, the
budget for these funds needs to be adjusted to reflect a better estimate of the
actual revenues to be received and expenditures incurred in this fund; NOW,
THEREFORE,
BE IT ORDAINED
BY THE COUNCIL OF KANSAS CITY:
Section 1. That estimated
revenue in the following account of the Neighborhood Improvement District Fund
(No. 6820) is hereby reduced in the following amount:
09-6820-120000-484000 Collections
from Assessments $431,659.00
Section 2.
That the appropriations in the following accounts of the Neighborhood
Improvement District Fund (No. 6820) are increased by the following amounts:
09-6820-129635-G Barrytowne
Special Assessment $ 1,200.00
09-6820-129636-G Country
Club Special Assessment 57,520.00
09-6820-129639-G 108th
& Cookingham Special Assessment 515.00
09-6820-129640-G Plaza
Colonade Special Assessment 25,544.00
09-6820-129637-B Chouteau
& I-35 NID 538,825.00
09-6820-129638-B 909
Tower NID 582,500.00
09-6820-129629-B HOK
Special Assessment 125,000.00
TOTAL $1,331,104.00
Section 3. That
revenue in the following accounts of the Equipment Lease Debt Service Fund (No.
5230) is hereby re-estimated in the following additional amounts:
09-5230-120000-501000 Trfr
from General Fund $ 823,953.00
09-5230-120000-502090 Trfr
from Gaming Fund 423,392.00
09-5230-120000-505150 Trfr
from Special Allocation 120,847.00
09-5230-120000-502050 Trfr
from Golf Fund 542,582.00
09-5230-120000-502330 Trfr
from Health Levy 165,704.00
TOTAL
$2,076,478.00
Section 4. That
$2,076,478.00 is hereby appropriated from the Unappropriated Fund Balance of
the Equipment Lease Debt Service Fund (No. 5230) to the following account in
the Equipment Lease Debt Service Fund (No. 5230):
09-5230-129682-G 08
KCMO Spec. Oblig. Bond $2,076,478.00
_____________________________________________
I hereby certify that
there is a balance, otherwise unencumbered, to the credit of the appropriation
to which the foregoing expenditure is to be charged, and a cash balance,
otherwise unencumbered, in the treasury, to the credit of the fund from which
payment is to be made, each sufficient to meet the obligation hereby incurred.
___________________________________
Wanda
J. Gunter
Acting
Director of Finance
Approved
as to form and legality:
___________________________________
Nicole
Rowlette
Assistant City Attorney