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Legislation #: 180140 Introduction Date: 2/22/2018
Type: Ordinance Effective Date: none
Sponsor: None
Title: Adopting the annual budget of the City for the Fiscal Year 2018-19; closing the Revolving Public Improvement Fund to the General Fund; renaming the 5330 Fund the Super TIF 3rd and Wyandotte Garage Fund; estimating the revenues for the fiscal year; appropriating for the purposes stated the sums set forth in the budget; designating requisitioning authorities; directing the Director of Finance to make the necessary entries upon the City’s records to show the appropriations and allocations provided for; and authorizing inter-fund loans.

Legislation History
DateMinutesDescription
2/22/2018 Filed by the Clerk's office
2/22/2018 Referred to Finance and Governance Committee
2/28/2018 Hold On Agenda (3/7/2018)
3/7/2018 Do Pass as a Committee Substitute
3/8/2018 Assigned Third Read Calendar as Substituted
3/22/2018 Councilmember Wagner (Second by Fowler) Move to Amend
3/22/2018 Move to Advance
3/22/2018 Passed as Substituted

View Attachments
FileTypeSizeDescription
180140 Attachment A.docx Other 47K Attachment A
180140 Letter.pdf Other 99K Budget Letter
180140 ordinance2.pdf Other 2298K Authenticated
180140- Amendments A-E.pdf Other 819K Amendments A-E
180140.pdf Authenticated 535K Authenticated Ordinance
180140 Budget Amendment A Final Draft Revised.pdf Other 94K Document
180140 Copy of Budget Amendment B.pdf Other 338K Document
09 - 2019 Budget Fact Sheet.xlsx Fact Sheet 28K Fact Sheet

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COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 180140

 

Adopting the annual budget of the City for the Fiscal Year 2018-19; closing the Revolving Public Improvement Fund to the General Fund; renaming the 5330 Fund the Super TIF 3rd and Wyandotte Garage Fund; estimating the revenues for the fiscal year; appropriating for the purposes stated the sums set forth in the budget; designating requisitioning authorities; directing the Director of Finance to make the necessary entries upon the City’s records to show the appropriations and allocations provided for; and authorizing inter-fund loans.

 

WHEREAS, Section 805 of the City Charter requires the City Council to adopt an annual budget and, as adopted, the budget constitutes an appropriation of the amount for the purposes stated as the appropriation and authorization of the amount to be raised by taxation for the purposes of the City, plus any unencumbered balance from previous years; and

 

WHEREAS, the City Council has reviewed this budget and held public hearings; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the budget now on file in the office of the City Clerk and identified by the Clerk as Document No. 180125 is hereby adopted as the annual budget of the City of Kansas City for the Fiscal Year 2018-19, with the additions and reductions as shown on the following:

 

Amendment A – Programmatic Changes to the FY 2018-19 Budget

Amendment B – Central City Sales Tax Changes to the FY 2018-19 Budget

 

Section 2. That the Director of Finance shall close on the books of the City the following fund to the General Fund:

 

3190 Revolving Public Improvement Fund

 

Section 3. That the Director of Finance shall rename on the books of the City the 5330 Fund to the Super TIF 3rd and Wyandotte Garage Fund.

 

Section 4. That the detailed estimated revenues of the City for the ensuing Fiscal Year 2018-19 are as set forth in said budget in Schedules VIII, X, XI, XII, XIII and XIV.

 

Section 5. That by adoption of said annual budget, there are hereby appropriated for the purposes stated herein the sums set forth in Schedules II, III, IV and V. The sums hereby appropriated are set out in detail in Schedules X, XI, XII, XIII and XIV, inclusive, by activity accounts, and the total sum appropriated for each such account is divided in the following classifications, as applicable, thereof, to-wit: (a) Personal Services, (b) Contractual Services, (c) Commodities, (e) Capital Outlay, (f) Pass Through Payments, and (g) Debt Service.

 

Section 6. That requisitions for encumbrances against and the payment of money out of the various appropriations described in this ordinance shall be made by those officers and employees of the City and by those persons or boards whose titles are set out opposite the designation of the departments, offices and purposes to or for which appropriations have been made, respectively, as set forth in the following schedule:

 

SCHEDULE FOR APPROPRIATION

DEPARTMENT OR

AMOUNT OF

ACTIVITY

REQUISITIONING AUTHORITY

APPROPRIATION

GENERAL FUND

Office of the Mayor

Mayor

$ 2,114,579

Office of the City Council

Mayor Pro Tem

$ 2,661,902

Council in District 1 Expenses

In District 1 Councilperson

$ 10,000

Council in District 2 Expenses

In District 2 Councilperson

$ 10,000

Council in District 3 Expenses

In District 3 Councilperson

$ 10,000

Council in District 4 Expenses

In District 4 Councilperson

$ 10,000

Council in District 5 Expenses

In District 5 Councilperson

$ 10,000

Council in District 6 Expenses

In District 6 Councilperson

$ 10,000

Council at Large District 1 Expenses

At Large District 1 Councilperson

$ 10,000

Council at Large District 2 Expenses

At Large District 2 Councilperson

$ 10,000

Council at Large District 3 Expenses

At Large District 3 Councilperson

$ 10,000

Council at Large District 4 Expenses

At Large District 4 Councilperson

$ 10,000

Council at Large District 5 Expenses

At Large District 5 Councilperson

$ 10,000

Council at Large District 6 Expenses

At Large District 6 Councilperson

$ 10,000

City Clerk

City Clerk

$ 412,783

City Auditor

City Auditor

$ 1,184,227

General Services

Director of General Services

$ 28,976,402

General Services - Debt Service ERP,
Vehicles, and PeopleSoft

Director of Finance

$ 3,786,063

Elections, Jackson County

Director of Finance

$ 2,480,000

Elections, Clay County

Director of Finance

$ 585,000

Elections, Platte County

Director of Finance

$ 535,000

Elections, Cass County

Director of Finance

$ 2,500

Office of the City Manager

City Manager

$ 7,446,213

Office of the City Manager -

Director of Finance

$ 410,812

Smart Cities Initiative

Finance Department

Director of Finance

$ 14,545,235

Channel 2 TV Equipment

Director of Finance

$ 64,913

Citadel Debt Service

Director of Finance

$ 1,846,880

ADA Compliance Debt

Director of Finance

$ 50,617

Revenue System Debt

Director of Finance

$ 1,199,144

Budget System Debt

Director of Finance

$ 131,375

Transfer to Park Maintenance Fund

Director of Finance

$ 2,500,000

Transfer to Street Maintenance Fund

Director of Finance

$ 17,726,797

Transfer to Parking Garage Fund

Director of Finance

$ 4,664,038

Transfer to Performing Arts Garage

Director of Finance

$ 7,847,427

Transfer to Domestic Violence Shelter Fund

Director of Finance

$ 96,951

Transfer to Super TIF - Brush Creek Fund

Director of Finance

$ 410,000

Transfer to Super TIF - East Village Fund

Director of Finance

$ 1,391,723

Transfer to Downtown Redevelopment District

Director of Finance

$ 14,150,871

Transfer to Super TIF - HOK Sport Fund

Director of Finance

$ 595,000

Transfer to Land Bank

Director of Finance

$ 2,185,848

Law Department

City Attorney

$ 5,398,561

Human Resources Department

Director of Human Resources

$ 3,576,583

Contingent Appropriation

City Manager

$ 5,360,000

Police Department

Board of Police Commissioners

$ 219,138,632

Fire Department

Director of Fire

$ 153,333,174

Municipal Court

Administrator of the Municipal Court

$ 14,722,382

Human Relations

Director of Human Relations

$ 1,742,905

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 38,159,958

NHS - Building Demolition, Tow Vehicles,

Director of Finance

$ 2,525,058

and Tow Lot Debt Service

City Development Department

Director of City Development

$ 2,024,592

City Development Department -

Director of Finance

Columbus Park and City Market

$ 489,147

Parks and Recreation Operations

Board of Parks and

Recreation Commissioners

$ 513,187

Total General Fund

$ 567,106,479

SPECIAL REVENUE FUNDS

MUSEUM FUND

Independent Audit, Tax Collection Fees

Director of Finance

$ 28,459

Transfer to General Fund

Director of Finance

$ 37,264

Parks and Recreation

Director of Parks and Recreation

$ 1,197,475

Parks and Recreation -

Director of Finance

Museum Restoration Debt

$ 424,894

Total Museum Fund

$ 1,688,092

PARKS AND RECREATION FUND

General Services

Director of General Services

$ 194,486

Finance - Debt Service

Soccer Village, ADA Compliance

Director of Finance

$ 1,161,988

Transfer to General Fund

Director of Finance

$ 1,617,741

Parks and Recreation Department

Board of Parks and

$ 40,873,623

Recreation Commissioners

Parks and Recreation Department

Director of Finance

$ 971,625

Building improvement Debt, Swope Park Security

Total Parks and Recreation Fund

$ 44,819,463

GOLF OPERATIONS FUND

Golf Operations

Board of Parks and

$ 5,812,150

 

Recreation Commissioners

Finance - Hodge Park and

Director of Finance

$ 595,585

ADA Compliance Debt Service

 

 

Total Golf Operations Fund

$ 6,407,735

 

 

STREET MAINTENANCE FUND

 

General Services

Director of General Services

$ 2,517,715

General Services - PS Upgrade

Director of Finance

$ 17,980

Office of the City Manager

City Manager

$ 92,423

Transfer to General Fund

Director of Finance

$ 1,044,737

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 75,000

Parks and Recreation

Director of Parks and Recreation

$ 1,979,846

Street Maintenance and Preservation

Director of Public Works

$ 36,037,955

Public Works - Debt Service Salt Dome

Director of Finance

$ 212,000

 

Total Street Maintenance Fund

$ 41,977,656

 

 

PUBLIC MASS TRANSPORTATION FUND

General Services - PS Upgrade

Director of Finance

$ 1,242

Transit Administration

City Manager

$ 364,506

Transfer to General Fund

Director of Finance

$ 773,300

Transfer to Street Car Fund

Director of Finance

$ 2,039,000

Transportation Authorities

Director of Public Works

$ 26,979,118

Public Works

Director of Public Works

$ 5,220,786

Total Public Mass Transportation Fund

$ 35,377,952

STREET CAR FUND

Law Department

City Attorney

$ 5,000

Transportation Authorities

Director of Public Works

$ 5,245,920

Public Works

Director of Public Works

$ 193,443

Public Works - Debt Service

Director of Finance

$ 5,017,581

Total Street Car Fund

$ 10,461,944

PARKING GARAGE FUND

Police Department

Board of Police Commissioners

$ 450,000

Garage and Parking Operations

Director of Public Works

$ 3,226,418

Public Works - Garage Debt Service

Director of Finance

$ 8,081,835

 

Total Parking Garage Fund

$ 11,758,253

 

 

PERFORMING ARTS CENTER GARAGE FUND

Performing Arts Center Garage Debt

Director of Finance

$ 8,790,400

Performing Arts Center Garage Operations

Director of Public Works

$ 641,483

Total Performing Arts Center Garage Fund

$ 9,431,883

 

 

CENTRAL CITY SALES TAX

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 10,450,000

 

 

DEVELOPMENT SERVICES FUND

General Services

Director of General Services

$ 926,931

General Services-Debt Service

Director of Finance

$ 645,475

Office of the City Manager

City Manager

$ 404,440

Finance

Director of Finance

$ 42,646

Transfer to General Fund

Director of Finance

$ 301,007

Transfer to Economic Incentives Fund

Director of Finance

$ 1,955,958

City Planning Department

Director of City Planning and Development

$ 12,482,093

Total Development Services Fund

$ 16,758,550

 

 

ECONOMIC DEVELOPMENT FUND

Office of the City Manager

City Manager

$ 4,039,025

Finance

Director of Finance

$ 1,169,083

Law

City Attorney

$ 124,616

Human Relations

Director of Human Relations

$ 147,247

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 90,987

Total Economic Development Fund

$ 5,570,958

 

 

KANSAS CITY AREA TRANSPORTATION AUTHORITY SALES TAX FUND

KCATA Operations

Director of Public Works

$ 31,413,199

 

 

FIRE SALES TAX FUND

 

General Services

Director of General Services

$ 1,483,932

Fire Department

Director of Fire

$ 15,954,345

Fire Equipment - Debt Service

Director of Finance

$ 4,312,620

 

Total Fire Sales Tax Fund

$ 21,750,897

 

 

PUBLIC SAFETY SALES TAX FUND

 

General Services

Director of General Services

$ 500,000

Office of the City Manager

City Manager

$ 300,000

Office of the City Manager-Debt Service

Director of Finance

$ 66,737

Finance Department - Debt Service

Director of Finance

$ 2,982,682

Transfer to General Debt & Interest Fund

Director of Finance

$ 12,123,788

Transfer to GO Recovery Zone Bonds

Director of Finance

$ 527,495

Police Department

Board of Police Commissioners

$ 1,700,000

Total Public Safety Sales Tax Fund

$ 18,200,702

 

 

HEALTH LEVY FUND

 

General Services

Director of General Services

$ 813,393

General Services - PS Upgrade

Director of Finance

$ 44,854

Office of the City Manager

City Manager

$ 973,033

Property Tax Collection Fees

Director of Finance

$ 913,581

Transfer to General Fund

Director of Finance

$ 14,957,370

Police Department

Board of Police Commissioners

$ 150,000

Municipal Court

Administrator of the Municipal Court

$ 100,000

Health Department

Director of Health

$ 13,454,893

Safety Net Providers - Administration

Director of Health

$ 245,383

Children's Mercy Hospital

Director of Health

$ 649,874

Special Projects, Operations,
and Maintenance

Director of Health

$ 55,000

Northland Health Care Access

Director of Health

$ 331,898

Swope Parkway Health Center

Director of Health

$ 1,698,236

KC Free Health Clinic

Director of Health

$ 538,660

Samuel U. Rodgers Center

Director of Health

$ 927,030

Swope Ridge Geriatric Center

Director of Health

$ 430,600

Truman Medical Center

Director of Health

$ 26,400,000

Swope Ridge Debt Service

Director of Finance

$ 153,000

Crisis Center Debt Service

Director of Finance

$ 518,250

Total Health Levy Fund

$ 63,355,055

POLICE DRUG ENFORCEMENT FUND

Police Department

Board of Police Commissioners

$ 2,727,634

 

 

NEIGHBORHOOD TOURIST DEVELOPMENT FUND

Office of the City Manager

City Manager

$ 164,276


 

Neighborhood Tourism Projects

City Manager

$ 1,554,944

Total Neighborhood Tourist Development Fund

$ 1,719,220

CONVENTION AND TOURISM FUND

Office of Mayor and Council

Mayor

$ 30,000

General Services - Debt Service

Director of Finance

$ 9,615

Office of the City Manager

City Manager

$ 1,377,939

Finance Department - Debt Service

Director of Finance

$ 719,015

Convention and Entertainment

Director of Convention and

$ 18,528,482

Facilities Department

Entertainment Facilities

Convention and Entertainment

Director of Finance

$ 369,632

Facilities Department

VisitKC

Mayor

$ 10,016,000

Convention Support

City Manager

$ 175,000

Transfer to General Fund

Director of Finance

$ 685,917

Transfer to Economic Incentives Fund

Director of Finance

$ 120,000

Transfer to Neighborhood

Director of Finance

$ 1,719,220

Tourist Development Fund

Transfer to Convention and

Director of Finance

$ 24,104,700

Sports Complex Fund

Total Convention and Tourism Fund

$ 57,855,520

Police Grants Fund

Board of Police Commissioners

$ 9,298,079

Arterial Street Impact Fee Fund

Director of City Development

$ 65,266

Justice Assistance Grant

Director of Neighborhoods and
Housing Services Department

$ 50,000

DOMESTIC VIOLENCE SHELTER OPERATIONS FUND

Law Department

City Attorney

$ 364,842

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 260,267

Total Domestic Violence Shelter Operations Fund

$ 625,109

 

 

Governmental Grants Fund

Director of Health

$ 5,219,581

Brownfields Revolving

Director of City Planning

$ 55,374

 

 

STRATEGIC NEIGHBORHOODS FUND

Finance

Director of Finance

$ 307,402

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 300,000

Total Strategic Neighborhoods Fund

$ 607,402

 

 

NEIGHBORHOOD GRANTS FUND

 

Human Resources Department

Director of Human Resources

$ 75,000

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 677,000

 

Total Neighborhood Grants Fund

$ 752,000

 

 

COMMUNITY DEVELOPMENT BLOCK GRANT FUND

Human Relations Department

Director of Human Relations

$ 139,224


 

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 7,846,726

Total Community Development Block Grant Fund

$ 7,985,950

 

 

Ryan White HIV/AIDS Fund

Director of Health

$ 4,681,174

Housing Opportunities for

 

Persons With AIDS Fund

Director of Health

$ 1,426,581

HUD Lead-based Paint Grant Fund

Director of Health

$ 1,148,017

INMATE SECURITY FUND

Finance

Director of Finance

$ 50,542

Municipal Court

Administrator of the Municipal Court

$ 3,520,492

Municipal Court - Debt Service

Director of Finance

$ 536,648

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 80,759

Total Inmate Security Fund

$ 4,188,441

Home Investment Fund

Director of Neighborhoods and
Housing Services Department

$ 1,311,299

Health Building Fund

Director of Health

$ 1,227,088

Liberty Memorial Endowment Trust Fund

Board of Parks and

$ 68,444

 

Recreation Commissioners

Homesteading Authority

Director of Neighborhoods and
Housing Services Department

$ 301,005

Land Bank

Director of Neighborhoods and
Housing Services Department

$ 2,527,848

General Debt and Interest Fund

Director of Finance

$ 41,211,166

GO Recovery Zone Bonds

Director of Finance

$ 527,595

Streetlight Debt Fund

Director of Finance

$ 769,325

DOWNTOWN ARENA PROJECT FUND

Finance Department

Director of Finance

$ 13,996,351

Convention and Entertainment

Director of Convention and

$ 125,000

Facilities Department

Entertainment Facilities

City Planning and Development

Director of City Development

$ 200,000

Convention and Tourism

Director of Finance

$ 1,325,000

Public Works Department

Director of Public Works

$ 70,000

Total Downtown Arena Project Fund

$ 15,716,351

Neighborhood Improvement District GO Bond

Director of Finance

$ 48,950

Special Allocation Fund

Director of Finance

$ 1,410,849

Super TIF - 12th and Wyandotte Fund

Director of Finance

$ 5,038,206

SUPER TIF - MIDTOWN FUND

Finance Department - Debt Service

Director of Finance

$ 4,039,500

Transfer to General Fund

Director of Finance

$ 2,400,000

Transfer to Super TIF Linwood Fund

Director of Finance

$ 1,056,237

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 150,000

City Development Department

Director of City Development

$ 600,000

Total Super TIF-Midtown Fund

$ 8,245,737


 

Super TIF - Hotel President Fund

Director of Finance

$ 1,467,748

Super TIF - Brush Creek Fund

Director of Finance

$ 1,136,395

Super TIF - East Village Fund

Director of Finance

$ 3,292,972

Super TIF - Linwood Fund

Director of Finance

$ 1,348,037

Super TIF - 909 Walnut Fund

Director of Finance

$ 860,694

Downtown Redevelopment District Fund

Director of Finance

$ 21,344,036

Super TIF - HOK Sport Garage Fund

Director of Finance

$ 635,565

CONVENTION AND SPORTS COMPLEX FUND

Bartle Hall Expansion Debt Service

Director of Finance

$ 22,692,263

Convention Center Hotel

Director of Finance

$ 2,734,965

Convention and Tourism -

City Manager

$ 2,000,000

Jackson County Sports Authority

Total Convention and Sports Complex Fund

$ 27,427,228

CAPITAL IMPROVEMENT FUNDS

CAPITAL IMPROVEMENT SALES TAX FUND

General Services

Director of General Services

$ 6,900,162

Office of the City Manager

City Manager

$ 3,280,051

Finance - Debt Service

Director of Finance

$ 6,450,600

Law Department

City Attorney

$ 195,000

Human Resources Department

Director of Human Resources

$ 317,649

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 108,535

City Development

Director of City Development

$ 450,900

Parks and Recreation

Board of Parks and

$ 12,105,377

Recreation Commissioners

Parks and Recreation-Urban Youth Baseball

Director of Finance

$ 1,478,100

Water Services

Director of Water Services

$ 739,525

Public Works

Director of Public Works

$ 32,128,008

Transfer to General Debt & Interest Fund

Director of Finance

$ 6,772,868

Transfer to Streetlight Debt

Director of Finance

$ 769,325

Total Capital Improvement Sales Tax Fund

$ 71,696,100

Sewer Special Assessment Fund

Director of Finance

$ 31,000

 

BUSINESS TYPE

WATER FUND

Finance

Director of Finance

$ 500

Water Services Department

Director of Water Services

$ 169,257,511

Total Water Fund

$ 169,258,011

SEWER FUND

Sewer Fund

Director of Water Services

$ 220,746,711

STORMWATER FUND

Stormwater Fund

Director of Water Services

$ 18,657,459


 

Kansas City Airports Fund

Director of Aviation

$ 146,954,078

DEA Drug Forfeiture Fund

Director of Aviation

$ 150,000

Passenger Facility Charge Fund

Director of Aviation

$ 18,445,125

Customer Facility Charge Fund

Director of Aviation

$ 12,123,084

CONSOLIDATED AND OTHER FUNDS

LEGAL EXPENSE FUND

General Services

Director of General Services

$ 2,171,000

Legal Claim Settlements

City Attorney

$ 10,805,774

Human Resources

Director of Human Recourses

$ 717,107

Total Legal Expense Fund

$ 13,693,881

WORKERS' COMPENSATION FUND

Workers' Compensation Claims/

Director of General Services

$ 15,887,901

Risk Management

Workers' Compensation Settlements

City Attorney

$ 332,001

Legal Services

Workers' Compensation Settlements - Police Department

Board of Police Commissioners

$ 2,620,000

Total Workers' Compensation Fund

$ 18,839,902

Parks and Recreation Reimbursable Fund

Board of Parks and

Recreation Commissioners

$ 1,000,000

PUBLIC WORKS REIMBURSABLE FUND

Neighborhoods and Housing
Services Department

Director of Neighborhoods and
Housing Services Department

$ 466,503

General Services Fund

Director of General Services

$ 37,547,181

Fleet Services Fund

Director of General Services

$ 22,389,704

INFORMATION TECHNOLOGY REIMBURSABLE FUND

General Services

Director of General Services

$ 11,797,405

Human Resources

Director of Human Resources

$ 99,500

Total Information Technology Reimbursable Fund

$ 11,896,905

HEALTH CARE AND WELLNESS

General Services Department

Director of General Services

$ 72,674,000

Human Resources

Director of Human Resources

$ 592,137

Total Health Care and Wellness Fund

$ 73,266,137

Equipment Lease Debt Service Fund

Director of Finance

$ 1,423,245

NEIGHBORHOOD IMPROVEMENT DISTRICT

Finance Department

Director of Finance

$ 6,318,102

Public Works Department

Director of Public Works

$ 20,000

Total Neighborhood Improvement District

$ 6,338,102

PAYMENTS IN LIEU OF TAXES

Chapter 100 Pilots Fund - Pilots

Director of Finance

$ 5,493,370

Transfer to General Fund

Director of Finance

$ 333,580

Transfer to Museum Fund

Director of Finance

$ 9,255

Transfer to Health Levy Fund

Director of Finance

$ 333,717

Transfer to General Debt and Interest Fund

Director of Finance

$ 68,967

Total Payments In Lieu of Taxes Fund

$ 6,238,889

Water Working Capital Fund

Director of Water Services

$ 3,582,546

Sewer Working Capital Fund

Director of Water Services

$ 4,251,160

KCI Overhaul Base

Director of Aviation

$ 3,000,000

 

Section 7. That the Director of Finance is hereby authorized to borrow not to exceed $250,000,000.00 to meet the cash requirements of the General Fund and other general municipal funds in anticipation of the receipts from the general revenues, for the Fiscal Year 2018-19. Such borrowings may be in the form of temporary loans made from one current operating fund of the City, including the operating funds of the enterprise funds, to another, provided sufficient money is available for this purpose. Such temporary loans may be made from time to time and at such times and in such amounts as the Director of Finance may deem necessary. However, the aggregate amount of such outstanding loans shall at no time exceed $250,000,000.00 and at no time shall individually exceed 75% of the estimated revenues of each general municipal fund for the Fiscal Year 2018-19 then outstanding and uncollected.

 

Section 9. That all such loans shall be repaid on or before the due date thereof out of the receipts from revenues of the 2018-19 Fiscal Year, and shall become due not more than nine months from the date of incurring the same, and in no event beyond the end of the 2018-19 fiscal year.

 

Section 10. That the Director of Finance is directed to make the necessary entries upon the City’s records to show the appropriations and allocations as set forth in this ordinance.

 

Section 11. That the form of the budget hereby adopted, the estimated revenues therein contained and the appropriations made by this ordinance as set out in such budget are hereby approved.

 

_____________________________________________

 

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.

 

________________________________

Randall J. Landes

Director of Finance

 

Approved as to form and legality:

 

________________________________

Matthew Gigliotti

Assistant City Attorney