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10. Resolution 4898 - Calling for Public Hearing - 2003-2004 Budget AmendmentsCity of Kalispell Post Office Box 1997 - Kalispell, Montana 5990 3-3.957 - T, Iephone (406)758-7700 Fax (406)758-7758 REPORT TO: Mayor Kennedy and City Council Members FROM: Amy Robertson, Finance Director Chris Kukulski, City Manager SUBJECT: 2004 Budget Amendments -Public Hearing request !MEETING DATE: June 7. 2004 BAC%CROCND: The City Council is required to hold a Public Hearing for comment on the City's proposed amendments to the budget. As you know, the budget is an estimate and each year we hold a public hearing and amend our estimates at the last meeting of the fiscal year. The attached resolution explains the budget amendments needed. The funds are available to make these amendments. Any taxpayer may appear concerning the budget. RECOMMENDATION: Call for public hearing. ALTERNATIVES: done ke_1 s -- Amy H. Robertson Finance Director Report compiled: June 1, 2004 Chris A. Kukulski City Manager RESOLUTION NO. 4898 A RESOLUTION CALLING FOR A PUBLIC HEARING TO AMEND THE ANNUAL APPROPRIATIONS OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 2003-2004 BUDGET ADOPTED BY THE CITY COUNCIL. WHEREAS, in the budget adopted by the City of Kalispell for the 2003-2004 fiscal year, certain detailed and itemized estimates of expenditures have proven inaccurate in the operation of said Funds for the 2003-2004 fiscal year. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: Section I. On the 21 st day of June, 2004 at 7:00 o'clock P.M., in the Council Chambers, City Hall, 312 1 st Avenue East, Kalispell, Montana, the City Council of the City of Kalispell shall hold Public Hearings on the following amendments to the 2003-2004 fiscal budget: Increasing the appropriations and expenditures for the Pool Construction Fund in the amount of $73,193.07 to appropriate remaining funds, recognizing interest earnings and correction the cash carryover. Add to line item 4102-437-460445-950. Increasing the appropriations and expenditures for the Westside TIF District to record costs associated with the Teletech project $329,927. Add to line item 2188-480- 470230-358. 3. Increasing the appropriations and expenditures for the Gas Tax Fund S6973 to pay the City match for the MAGI Grant costs for sidewalk construction. Gas Tax line item 2420-421-430240-823(transfer out) is an operating transfer. This increases the revenue (transfer in) for the MACI Grant Fund and increases the appropriation for line item 2825-421-430240-950 by $6,973. 4. Increasing the appropriations and expenditures for the General Fund Fire Department for an operating transfer of $40,000 to the Fire Hall Construction Fund 4150. Money previously designated for fire hall construction to be placed in a Capital Project Fund. Increases line item 1000-416-420200-858. Recognize revenue in Fund 4150, the capital project fund for the same amount. Increasing the appropriations and expenditures for Fund 3188 Westside TIF Debt Service to recognize revenue and expenditures related to the pay down of the Stream debt service and the reduction of the bond reserve. Add to revenue $1,528,444 and expense 3188-000-490700-610 for $1 270,026 and 3188-000- 490700-820 for $500,000. Increasing the appropriations and expenditures for the Cultural Arts Fund budget by $5,167 for a pass thru grants for the Glacier Orchestra, Hockaday and NW MT Historical Society. All were under appropriated. Add to line items 2927-400- 460452,4,6-354. 7. Increasing the appropriations and expenditures for Fund 2360 worker's compensation insurance by 520,000 due to receiving a smaller reimbursement from MMIA as in previous years. 8. Increasing the appropriations and expenditures for the Ambulance Fund for overtime by $40,000 and retirement for $4,300. Increasing the appropriations and expenditures for the Tri-City Planning Office by $33,200. Due to a significant increase in development activity an additional planner was hired mid -year. Line item increases are $30,000 for wages and benefits, $1,800 for office supplies, $1,000 for postage, $400 for liability insurance. Increased application fees have been received to cover expenses. SECTION IL That notice of the passage of this resolution shall be published pursuant to Section 7-I-4127, MCA. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNTED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 7TH DAY OF JUNE, 2004. Pamela B. Kennedy Mayor ATTEST: Theresa White City Clerk