H2. Res. of Intent 5997, Budget Amendment Community DevelopmentCITY 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 Community Development Miscellaneous (2886) special revenue fund exceeded budget
authority by $31,958. These costs which resulted from the closing cost of a lot sale at Old
School Station, were not anticipated in the budget and require a corresponding amendment.
RECOMMENDATION: It is recommended that the Kalispell City Council adopt Resolution
5997, a resolution of intent calling for a public hearing to amend
the Community Development Miscellaneous 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: $31,958 fy20 budget amendment for fund 2886.
ALTERNATIVES: Decline budget amendment request.
ATTACHMENTS: Resolution 5997
Fiscal year 2021 CD Misc. budget with amendment.
RESOLUTION NO. 5997
A RESOLUTION OF INTENT CALLING FOR A PUBLIC HEARING TO AMEND THE
COMMUNITY DEVELOPMENT MISCELLANEOUS 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 Community Development
Miscellaneous Fund 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:
Community Development Miscellaneous Fund
Redevelopment 2886-480-470210-795 $31,958
For the purpose of paying closing costs associated with the sale of Old
School Station Property.
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
Community Development - Miscellaneous
FUND: 2886-480-470210
PROJECTED REVENUE AND FUND SUMMARY
BEGINNING CASH
10100 CASH: operating
10150 CASH: Old School Redevelopment
REVENUES
371010 Interest/Misc.
373010 Interest from Old School Lot sale
Reimburse from Old School TIFs
Old School SID lot sale
Total Revenue
Total Available
EXPENDITURES
M&O
Redevelopment/Grants/Transfers
Total Expenditures
ENDING CASH
10100 CASH: operating
10150 CASH: Old School Redevelopment
amended
ACTUAL
BUDGET
ACTUAL
BUDGET
FY18/19
FY19/20
FY19/20
FY20/21
$273,676
$264,880
$264,880
$255,585
$12,418
$68,194
$68,194
$116,766
$4,410
$740
$0
$75,000
$3,000
$0
$0
$65,000
$4,699
$5,376
$0
$87,900
$100
$14,820
$0
$0
$80,150
$68,000
$97,975
$14,920
$366,244
$401,074
$431,049
$387,271
$13,206
$19,964
$12,994
$45,704
$12,994
$45,704
$18,879
$310,085
$33,170
$58,698
$58,698
$328,964
$264,880
$254,886
$255,585
$31,621
$68,194
$87,490
$116,766
$26,686
38
Community Development - Miscellaneous
FUND: 2886-480-470210
EXPENDITURE DETAIL
amended
ACTUAL
BUDGET
ACTUAL
BUDGET
FY18/19
FY19/20
FY19/20
FY20/21
Materials and Services:
210 Grant Administration Expenses/project exp
353 Auditing
373 Dues & Training
379 Meetings
396 Studies/Surveys & marketing
522 Administrative Transfers
528 Information Tech. Transfers
532 Office Rent new bldg
Total Materials & Services
Redevelopment:
620 Interest - Old School (to General Fund)
790 Redevelopment Activity
795 Old School Lot Purchase FY15/Assessment Payments FY16&1
815 Transfer to SID 344 debt service
810 Transfer to WS TIF
Total Grants & Housing
GRAND TOTALS
$0
$0
$0
$0
$1,000
$1,000
$1,000
$1,000
$0
$90
$90
$0
$0
$164
$164
$0
$0
$0
$0
$0
$2,000
$2,000
$2,000
$2,000
$9,559
$9,094
$9,094
$15,233
$647
$646
$646
$646
$13,206
$12,994
$12,994
$18,879
$0
$0
$0
$0
$1,400
$1,000
$1,000
$5,000
$18,564
$44,704
$44,704
$0
$0
$0
$0
$100,000
$0
$0
$0
$205,085
$19,964
$45,704
$45,704
$310,085
$33,170 $58,698 $58,698 $328,964
39