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H1. Res. of Intent 5996, Budget Amendment BaRSAACITY OF City of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 KALISPELL Telephone (406) 758-7000 Fax - (406) 758-7758 REPORT TO: Doug Russell, City Manager FROM: SUBJECT: MEETING DATE: Rick Wills, Finance Director Call for Public Hearing Budget Amendments for FY2020 September 8, 2020 BACKGROUND: A public hearing is necessary prior to amending the City's fiscal year 2020 budget for the following fund. The Bridge and Road Safety and Accountability Act (BaRSAA) special revenue fund budget exceeded authority by $202,386. The fiscal year 2020 budget should have included an appropriate carryover amount of $320,331 for this fund. The omission of this carryover resulted in this amendment of $202,386 being necessary. RECOMMENDATION: It is recommended that the Kalispell City Council adopt Resolution 5996, a resolution of intent calling for a public hearing to amend the bridge and road safety and accountability act special revenue fund budget of the City of Kalispell, Montana, as set forth in the 2019-2020 budget adopted by the City Council. FISCAL IMPACT: $2025386 FY20 budget amendment for fund 2421. ALTERNATIVES: Decline budget amendment request. ATTACHMENTS: Resolution 5996 Fiscal year 2021 BaRSAA budget with amendment. RESOLUTION NO. 5996 A RESOLUTION OF INTENT CALLING FOR A PUBLIC HEARING TO AMEND THE BRIDGE AND ROAD SAFETY AND ACCOUNTABILITY ACT SPECIAL REVENUE FUND BUDGET OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 2019-2020 BUDGET ADOPTED BY THE CITY COUNCIL. WHEREAS, in the budget adopted by the City of Kalispell for the 2019-2020 fiscal year, certain detailed and itemized estimates of expenditures of the Bridge and Road Safety and Accountability Act (BaRSAA) were not included at the time of adoption. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION 1. On the 21st day of September, 2020 at 7:00 o'clock P.M., in the Council Chambers, City Hall, 201 1st Avenue East, Kalispell, Montana, the City Council of the City of Kalispell shall hold a Public Hearing on the following amendment to the 2019-2020 fiscal budget: Bridge and Road Safety and Accountability Act Fund Pavement Maint. 2421-421-430240-354 $202,386 For the purpose of paying pavement maintenance cost originally approved but not used in fiscal year 2019. This amendment will correct the omission of a carryforward appropriation in the fiscal year 2020 budget. SECTION 2. That notice of the passage of this resolution shall be published pursuant to Section 7-1-4127, MCA. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 8TH DAY OF SEPTEMBER, 2020. Mark Johnson Mayor ATTEST: Aimee Brunckhorst, CMC City Clerk BaRSAA FUND: 2421-421-430240 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 Cash REVENUE 335040 BARSAA Apportionment 383001 Transfer from Special Street - 5% Total Revenue Total Available 354 Pavement Maint. ENDING CASH Cash amended ACTUAL BUDGET ACTUAL BUDGET FY18/19 FY19/20 FY19/20 FY20/21 $74,438 $320,331 $320,331 $165,873 $305,077 $15,254 $400,000 $20,000 $445,646 $22,282 $300,000 $15,000 $320,331 $420,000 $467,928 $315,000 $394,769 $740,331 $788,259 $480,873 $74,438 $622,386 $622,386 $450,000 $320,331 $117,945 $165,873 $30,873 PROGRAM DESCRIPTION The Bridge and Road Safety and Accountability Act (1 B473) was enacted on May 3, 2017. This bill increased the tax on gasoline to 31.5 cents (from 27 cents) in fiscal years 2018 and 2019; to 32 cents in fiscal years 2020 and 2021; to 32.5 cents in fiscal year 2022; and 33 cents in fiscal year 2023 and thereafter. A corresponding 2 cent per gallon increase (to 29.75 cents) was placed on diesel fuel over the same fiscal years. Any of these new tax funds requested require a local 5% match ($1 for every $20 requested), and must be used along with the matching funds for construction, reconstruction, maintenance, or repair of rural roads, city or town streets and alleys, or bridges. 19