Loading...
D/1. Resolution 4572 - Budget AmendmentsCity of Kalispell Post Office Box 1997 - Kalispell. Montana 59903-1997 - Telephone (406)758-7700 Fax(406)758-7758 REPORT TO: FROM: SUBJECT: MEETING DATE: Mayor Boharski and City Council Members Amy Robertson, Finance Director Chris Kukulski, City Manager Resolution calling for a public hearing to amend the fiscal 2002 budget - total $3,930,715. December 3. 2001 BACKGROUND: There are eight areas of the budget which need amendments. The public hearing will be held prior to action on this resolution by the Council. This resolution authorizes the following budgetary amendments. 1) $49,569 -appropriated to make loans to salaried employees to accommodate changing the pay period. 2) $20,600 for City Attorney severance pay and $30,000 to fund interim and new city attorney. 3) $3,226 Retirement fund appropriation for the Attorney. 4) $2,320 Health Ins. Fund appropriation for the Attorney. 5) $6,500 Fire Dept. appropriation for equipment. 6) $3,500 SID 343 interest expense 7) $140,000 Water fund carryover for North Main project. 8) $3,675,000 Debt service fund for the new pool complex. RECOMMENDATION: Adoption of this resolution. FISCAL EFFECTS: $3,930,715 increased budget authority ALTERNATIVES: As suggested by Council. 0 Amy If. Robertson Chris A. Kukulski Finance Director City Manager Report compiled: November 28, 2001 NOTE: amount of budget appropriation is $25,000 less than advertised for the public hearing. The amount of the pool bond was overstated and is corrected here. The appropriation for the loans is corrected by $400. RESOLUTION NO. 4672 A RESOLUTION AMENDING THE ANNUAL APPROPRIATIONS OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 2001-2002 BUDGET ADOPTED BY THE CITY COUNCIL. WHEREAS, on August 6, 2001, the City Council adopted Resolution 4636 adopting the annual appropriations of the City of Kalispell for fiscal year 2001-2002; and WHEREAS, in said budget adopted by the City of Kalispell, certain detailed and itemized estimates of expenditures have proven inaccurate in the operation of said Funds for the 2001-2002 fiscal year; and WHEREAS, at a public hearing held on December 3, 2001, the City Council did consider all objections made to said budgets. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. Amendments to the 2001-2002 fiscal budget are as follows: 1. Increasing the appropriations and expenditures for the loans to City Employees impacted by the change to a biweekly payroll. Salaried Employees will receive a loan equivalent to 88 hours of pay to be repaid when the employee retires or sooner if they choose. Amount $49,569.48 for line item 1000-400-410830-790. 2. Increasing the appropriations and expenditures for the City Attorney Budget. Salary line item 110 increase of $30,000 to fund the interim attorney and five months of the new attorney. An increase of $20,600 for line item 112 for severance pay for the City Attorney -accrued vacation and sick leave. Amount $30,000 for line item 1000-404-411110-110; $20,600 for line item 1000-404- 411110-112. 3. Increasing the appropriations and expenditures for the Retirement Fund line item for the City Attorney office for $3,226 to pay for the City contribution for PERS on the attorney's severance package and the additional retirement for 5 months of a new attorney. Amount $3,226 for line item 2370-404-411110-155. 4. Increasing the appropriations and expenditures for the Health Insurance Fund in the amount of $2,320 for an additional 5 months of expenditures for a new attorney. Amount $2,320 for line item 2380-404-411110-153. 5. Increasing the appropriations and expenditures for the Fire Department budget for equipment, line item 940, by $6,500. Increase to pay for the Port -a -Count fit test unit which the County intended to pay for and donate in lieu of reimbursing the City for personnel expenditures. Our auditors prefer this accounting and the County will reimburse the City for hazardous materials response. Amount $6,500 for line item 1000-416-420400-940. 6. Increasing the appropriations and expenditures for debt service for Fund 3643, SID 343 Sunnyview Lane, in the amount of $3,500 for interest expense underbudgeted in the 2002 budget. Amount $3,500 for line item 3643-000- 490300-620. 7. Increasing the appropriations and expenditures for the Water Fund in the amount of $140,000 for costs associated with the replacement of the water lines at Main and Idaho. MDOT has not yet closed out the project. We failed to carry over this budget from last year. Primarily funded through an SRF Loan. Amount $140,000 for line item 5210-447-430552-950. 8. Increasing the appropriations and expenditures for the newly created Pool Capital Project Fund in the amount of $3,675,000 as approved by the voters. Amending line item 4190-437-460445-950, Construction in Progress, and the revenue account for proceeds of bonds. Amount $3,675,000. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 3RD DAY OF DECEMBER, 2001. Wm. E. Boharski Mayor ATTEST: Theresa White City Clerk