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HomeMy WebLinkAbout24-2059 Budget Appropriation Amending Ord. No. 23-2035 ADA COUNTY RECORDER Trent Tripple 2024-047714 BOISE IDAHO Pgs=6 VICTORIA BAILEY 08/28/2024 08:06 AM CITY OF MERIDIAN, IDAHO NO FEE CITY OF MERIDIAN ORDINANCE NO. 24-2059 BY THE CITY COUNCIL: CAVENER, LITTLE ROBERTS, OVERTON STRADER, TAYLOR,WHITLOCK AN ORDINANCE OF THE CITY OF MERIDIAN, IDAHO AMENDING ORDINANCE NO. 23- 20359 THE APPROPRIATION ORDINANCE FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023 AND ENDING SEPTEMBER 30, 2024 (FY2024), BY INCREASING TOTAL APPROPRIATIONS FROM $233,617,299 TO $241,358,900, INCREASING TOTAL REVENUE FROM $153,722,889 TO $173,614,188, AND DECREASING THE USE OF FUND BALANCE FROM $79,894,410 TO $67,744,712; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF MERIDIAN,ADA COUNTY, STATE OF IDAHO: Section 1. That Ordinance No. 23-2035 the appropriation ordinance for the City of Meridian, Idaho, for the fiscal year commencing October 1,2023 and ending September 30,2024 be and the same is hereby amended as follows: Capital Improvement Fund - 5 FY2024 FY2024 FY2024 Original Budget Amendments Final Budget Revenues Total Revenue Expenditures Operating Administration Fire:.. Police Park Total operating Capital Administration Fire 6,96 ) 6,96 ) Police (2,971) (2,971) Parke Total Capital (413198,36) ( 99836 Carr fon and- operating Administration Fire.: Police Parrs Carr fon, yard- Operating - AMENDMENT TO BUDGET ORDINANCE NO. 23-2035—FY2024 Budget-Page 1 of 7 Carryforward- Capital Administration - $ - Fire $ 4,922,579 (2,763,1377) $ 2,158,602 Police $ 3,213,219 (2,855,234) 356,984 Parks $ - - Carryforward- Capital $ 8,135,797 (5,620,211) 2,515,586 Total Carryforward $ 8,135,797 (5,620,211) 2,515,586 Total Expenditures $ 8,135,797 (5,570,047) $ 2,455,750 Transfers - - $ - Total Expenditures with Transfers $ 8,135,797 $ (5,670,047) $ 2,465,750 {Use}/Addition of =und Balance (8,135,797) $ (2,465,750) Enterprise fund - 60 - 65 M024 FY2024 M024 Original Budget Amendments Final Budget Revenues Water/Sewer Sales 30,461,744 30,461,744 OtherSources 22,468,150 $ 1,211,222 23,679,372 Total Revenue 52,929,894 1,211,222 54,141,116 Expenditures Personnel Utility Billing $ 660,539 $ 650,53.9 Public Works $ 5,427,640 $ 5,427,640 Water $ 3,138,362 $ 3,138,352 Wastewater $ 4,855,828 $ 4,855,828 Total Personnel $ 14,082,368 $ - $ 14,082,359 Operating Utility Billing $ 760,102 $ 750,102 Public Works $ 780,332 $ (0) 780,332 Water $ 3,940,330 $ 315,969 $ 4,257,198 Wastewater $ 4,559,564 $ (0) 4,559,554 Total Operating $ 10,(W0,428 315,969 $ 10,357,296 Total Personnel and Operating 24,122,796 315,859 24,439,554 AMENDMENT TO BUDGET ORDINANCE NO.23-2035—FY2024 Budget-Page 2 of 7 Capital Utility Billing - Public'Works - Water 8,440,000 $ 589,000 9,029,000 Wastewater 37,502,179 1,354,854 38,957,033 Total Capital 45,942,179 $ 1,943,854 $ 47,886,033 Carryforard - Operating Utility Billing $ - - Public'Works $ SM,554 $ (240,561) 343,993 Water $ 331,530 $ (362,043) (30,513) Wastewater $ 1,033,550 $ (224,425) $ 809,125 Total Carryforward- Operating $ 1,949,634 $ (827,029) $ 1,122,605 Carryfarward- Capital Utility Billing - Public forks - Water $ 13,226,13313 $ (2,(04,294) $ 11,222,645 Wastewater $ 27,048,552 $ (6,013,304) $ 21,035,249 Total Carry-forward- Capital $ 40,275,491 $ (8,017,598) $ 32,257,893 Total Carryforward 42,225,12.5 (8,844,527) 33,380,499 Total Expenditures $ 112,290,100 $ (5,593,906) $ 105,706,194 Transfers $ 4,330,617 $ - $ 4,330,617 Total Expenditures with Transfers $ 116,620,717 $ (6,583,1306) $ 110,036,812 (Use)/Addition of Fund Balance (63,690,823) 7,7135,129 (55,895,6136) Governmental Funds - D 1 ,07,08, 0 (01,07,08,20) (01,07,U8,20) (01,07,U8,20) FY2024 FY2024 FY2024 Original Budget Amendments Final Budget Revenues Property Taxes $ 47,639,055 $ - $ 47,639,055 Other Revenue 53,153,940 18,580,077 71,834,017 Total Revenue $ 100,792,995 18,590,077 $ 119,473,072 Expenditures Personnel Administration $ 7,8137,652 $ 2,0W $ 7,899,652 Fire $ 21,709,5133 $ 1,380,13413 $ 23,090,542 Police _ $ 27,505,411 $ 82,149 $ 27,587,559 Parks $ 5,606,859 $ - 5,606,859 Community Development $ 5,012,359 $ - 5,012,369 Total Personnel $ 57,731,883 $ 1,455,097 69,196,980 AMENDMENT TO BUDGET ORDINANCE NO.23-2035—FY2024 Budget-Page 3 of 7 Operating Administration 6,213,144 $ 16,5138,208 $ 22,811,353 Fire 2,960,035 $ 502,5413 $ 3,462,584 Police 4,916,570 $ 85,540 $ 5,002,110 Parks 4,120,358 $ 515,535 4,635,1303 Community Development 3,846,085 $ 52,608 3,899,693 Total Operating $ 22,056,201 $ 17,754,441 39,810,642 Total Personnel and Operating 89,799,094 19,219,538 109,007,622 Capital Administration $ 462,407 $ 1,449,000 $ 1,910,407 Fire $ 2,036,588 $ - $ 2,035,599 Police $ 933,130 - 933,130 Parks $ 2,276,465 4,776,032 7,052,497 Community Development $ - - - Total Capital $ 5,709,590 6,224,032 11,932,521 Carryforward- Personnel Administration $ - $ - Fire $ $ - $ - Police $ - $ - Parks $ - - Community Development $ - $ - - Total Carryforw@rd - Personnel $ - - - Carryforward- Operating Administration $ 1,070,015 $ 1,472,965 $ 2,542,1380 Fire $ 71,896 $ 12,377 $ 84,273 Police $ 609,116 (258,180) 350,936 Parks $ 696,038 (275,277) 410,761 Community Development $ 20,000 - 20,000 Total Carryforward - Operating $ 2,457,055 $ 951,885 $ 3,409,950 Carryforward- Capital Administration $ 389,431 $ (138,214) $ 251,217 Fire $ 2,102,359 $ (2,093,959) 19,400 Police $ 2,634,057 $ (244,591) 2,399,476 Parks $ 10,111,815 $ (3,933,147) $ 6,179,669 _ Community Development $ - $ - $ - Total Carryforward- Capital 15,237,663 $ (6,399,901) $ .9,837,762 AMENDMENT TO BUDGET ORDINANCE NO.23-2035—FY2024 Budget-Page 4 of 7 Carryforward Administration 1,459,446 $ 1,334,751 2,794,197 Fire 2,174,255 $ (2,071,582) 102,673 Police 3,243,173 $ (502,761) 2,740,412 Parks 10,797,854 (4,209,424) 6,599,430 Community Development $ 20,000 $ - 20,000 Total Carryforward $ 17,694,728 $ (5,449,016) $ 12,246,712 Total Expenditures 113,191,402 $ 19,995,554 $ 133,186,955 Transfers (4,330,617) - (4,330,617) Total Expenditures with Transfers $ 109,860,784 $ 19,995,554 $ 128,856,338 (use)/Addition of Fund Balance (8,067,790) (1,315,476) (9,383,256) Total GF Expenses Per G/L 108,860,787 19,995,554 128,856,341 Reconciliation Difference $ (3) $ - $ (3) Total GF Revenue Per G/L $ 100,792,995 $ 18,680,077 $ 119,473,072 Reconciliation Difference (0) - (0) Total Budget - All Funds FY2024 FY2024 FY2024 Original Budget Amendments Final Budget Revenues Total Revenue 153,722,889 19,891,299 173,614,199 Expenditures Total Personnel and Operating $ 113,910,880 $ 19,535,405 $ 133,447,296 Total Capital 51,650,769 $ 8,118,050 $ 59,769,919 Total Carryforward 69,055,650 (19,912,854) 48,142,796 Total Expenditures 233,617,299 $ 7,741,501 241,359,900 Transfers - $ - $ - Tot@IExpenditures with Transfers $ 233,617,299 $ 7,741,601 $ 241,358,900 (Use)/Addition of Fund Balance (713,8134,410) 12,149,698 (67,744,712) AMENDMENT TO BUDGET ORDINANCE NO.23-2035—FY2024 Budget-Page 5 of 7 Section 2. This Ordinance, once passed, shall be in full force and effect upon publication, in accordance with law. PASSED by the City Council of the City of Meridian,Idaho,this 27th day of August ,2024. APPROVED by the Mayor of the City of Meridian, Idaho, this 27th day of August , 2024. APPROVED: Robert E. Simison, Mayor ATTEST: Chris Johnson, City Clerk STATE OF IDAHO ) ) ss. County of Ada ) On this 27th day of August , 2024, before me, the undersigned, a Notary Public in and for said State, personally appeared Robert E. Simison and Chris Johnson, known to me to be the Mayor and City Clerk,respectively, of the City of Meridian,Idaho, and who executed the within instrument, and acknowledged to me that the City of Meridian executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. (SEAL) Notary Public Charlene Way My Commission Expires: 3-28-2028 AMENDMENT TO BUDGET ORDINANCE NO.23-2035—FY2024 Budget-Page 6 of 7 i CERTIFICATION OF SUMMARY : William L.M. Nary, City Attorney of the City of Meridian, Idaho , hereby certifies that the summary below is true and complete and upon its publication will provide adequate notice to the public . ('Ju Z' Y"XI 0 j William L. M . Nary, City Attorn -27- 2024 SUMMARY OF CITY OF MERIDIAN ORDINANCE NO . 24 -2059 An Ordinance of the City of Meridian, Idaho amending Ordinance No . 23 -2035 , the appropriation ordinance for the fiscal year beginning October 1 , 2023 and ending September 30 , 2024 (FY2024), by increasing total appropriations from $233 , 617 ,299 to $241 ,358 , 900 , increasing total revenue from $ 153 ,722, 889 to $ 173 , 614, 188 , and decreasing the use of fund balance from $79 , 894,410 to $ 67, 744,712 ; and providing an effective date . A full text of this ordinance is available for inspection at City Hall , City of Meridian, 33 East Broadway Avenue, Meridian, Idaho . AMENDMENT TO BUDGET ORDINANCE NO . 23 -2035 — FY2024 Budget - Page 7 of 7