H3. Res. 6001, Comm. Development Budget AmendmentCITY OFMOP
City of Kalispell
KALISPELL post Office Box 1997 -Kalispell, Montana 59903-1997
Telephone (406) 758-7000 Fax - (406) 758-7758
REPORT TO: Doug Russell, City Manager
FROM: Rick Wills, Finance Director
SUBJECT: Resolution amending the fiscal year 2020 Community Development
Miscellaneous fund budget
MEETING DATE: October 5, 2020
BACKGROUND: At the September 8, 2020, regular meeting, City Council set a date of
September 21, 2020, for holding a public hearing regarding amending the fiscal year 2020
Community Development Miscellaneous special revenue fund budget. At the September 21,
2020, public hearing, there was no public comment regarding this amendment.
An unanticipated closing cost related to the sale of property at the Old School Station
industrial/technological park resulted in an appropriation shortage in the fund of $31,958.
RECOMMENDATION: It is recommended that the Kalispell City Council adopt Resolution
6001, a resolution amending 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.
ATTACHMENTS: Resolution 6001
Fiscal year 2021 CD Misc. budget showing amendment for FY
2020
RESOLUTION NO. 6001
A RESOLUTION AMENDING 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, on August 19, 2019, the City Council adopted Resolution 5933 adopting the annual
appropriations of the City of Kalispell for fiscal year 2019-2020; and
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; and
WHEREAS, at the public hearing previously noticed and held on September 21, 2020, the City
Council solicited and considered public comment made to said amendment request;
and
WHEREAS, it is in the best interest of the City at this time to amend the annual appropriations to
include an unanticipated closing cost of $31,958 in the Community Development
Miscellaneous Fund.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTIONI. The City Manager is directed to immediately make amendments to the 2019-
2020 fiscal budget as follows:
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.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF
THE CITY OF KALISPELL, THIS 5TH DAY OF OCTOBER, 2020.
Mark Johnson
Mayor
ATTEST:
Judi Funk
Deputy 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