HomeMy WebLinkAboutAppropriating Additional Funds for Enterprise Operations in 2015 (2) ORDINANCE No . 1041345
Passed by the Common Council of the City of South Bend, Indiana
December 14, 20 15
Attest: r City Clerk
JOHN VOORDE
Attest: ��-_��� President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
December 15, 20 15
!\�� �lTte City Clerk
JOHN VOORDE
Approved and signed by me becs•^b-Se /6 20 If
-or- Mayer
ORDINANCE NO. 01/4113 113-'
AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
INDIANA, APPROPRIATING ADDITIONAL FUNDS FOR CERTAIN
DEPARTMENTAL AND ENTERPRISE OPERATIONS IN 2015 OF $10,000 FROM
MPAC CAPITAL IMPROVEMENT FUND (#416), $4,000 FROM CUSTOMER
DEPOSIT FUND (#624), $750 FROM WATERWORKS SINKING FUND (#625),
$5,500 FROM WATERWORKS DEBT RESERVE O&M FUND (#629), $1,887,938
FROM SEWAGE O&M FUND (#641), $6,160 FROM SEWAGE WORKS O&M
RESERVE FUND (#643), $2,827 FROM SEWAGE WORKS SINKING FUND (#649)
AND $3 FROM 2007B SEWER BOND FUND (#651).
STATEMENT OF PURPOSE AND INTENT
The Common Council passed the City's 2015 operating and capital budgets in
2014 (#10323-14 passed on October 13, 2014), which included expenditures for various
City enterprise operations. It is now necessary to appropriate additional funds for
operational expenditures necessary for the City to effect provision of services to its
citizens which were not anticipated at the time the City budget was adopted.
NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of
South Bend, Indiana, as follows:
Section I. The following amounts are hereby appropriated in fiscal year 2015 and
set apart within the following designated funds for operational expenses as follows:
Fund Amount
MPAC Capital Improvement Fund (#416) $ 10,000
Customer Deposit Fund(#624) 4,000
Waterworks Sinking Fund(#625) 750
Waterworks Debt Service Reserve O&M Fund(#629) 5,500
Sewage O&M Fund(#641) 1,887,938
Sewage Works O&M Reserve Fund (#643) 6,160
Sewage Works Sinking Fund (#649) 2,827
2007B Sewer Bond Fund (#651) 3
TOTAL $1,917,178
Section II. This ordinance shall be in full force and effect from and after its
passage by the Common Council and approv, o - :- .r.
Ikt
Member o "� 3i
Attest:
City Clerk
Presented by me to the Mayor of the City of South Bend, Indiana, on the
154k day of Dp,„,, , 2015, at 0'•r o'clock 4 . m.
Deputy it Clerk
Y
Approved and signed by me on the /(o day of ► e.e,,,.b._, , 2015, at
1 o'clock 0 . m.
Mayor, • , o r.: oth Bend, Indiana
1 st READING t 1
PUBLIC HEARING L I-7- � 1 ti t Qty
3rd READING l N—1 I
NOT APPROVED _ .,_.„
6�
REFERRED CITY CI..:1>::, .. IN I
PASSED t
City of South Bend,Indiana
December 2015 Additional Appropriation Requests-Enterprise Funds
(increase or decrease in total fund expenditures)
November 13,2015
Budget
Department Fiscal Officer/ Account Project Increase)
Fund Name Name Account Name Contact Name Number Number (Decrease)_ Justification —
Capital Improvement Fund Morris PAC _Small Tools 8 Equipment Marika Anderson 416-0404 453-23-20 5,000 Improving the Sound System on the Main level lobby and Up er level lobby-Equipment
Capital Improvement Fund Morris PAC Building Services Marika Anderson 416-0404453-36-01 5,000 Improving the Sound System on the Main level lobby and Upper level lobby-Service
10,000
Customer Deposit WaterWorks Interfund Transfers Roxanne Lawson 624-0640-658-50-02 4.000 Greater earnings on investments year to date. Earnings are transferred out to Water's operating fund.
4,000
Waterworks Sinking Fund WaterWorks Interfund Transfers Roxanne Lawson 625-0640-658-50-02 750 Greater earnings on investments year to date. Earnings are transferred out to Water's operating fund.
750
Debt Reserve 0&M WaterWorks Interfund Transfers Roxanne Lawson 629-0640-658-50-02 6500 Greater earnings on investments year to date. Earnings are transferred out to Waters operating fund.
5,500
Funds generated from user fees transferred to Fund 642 to be used for Capital project spending. Portion of
funding for$11.8 million WWTP Secondary Improvements project which was awarded by BPW in September
Sewage 0&M Wastewater Operating Transfers Carol Kurzhal 641-0630-793-50-02 1.887,938 2015. Cash balance expected to be approx.$5.7million at 12/31/15.
1,887,938
Sewage Works 08M Reserve Wastewater Interfund Transfers Carol Kurzhal 643-0630 41550-02 6,160 Underestimated interest earnings to be transferred to operating fund 641.
6,160
Sewage Works Sinking Wastewater SRF Loan Interest Carol Kurzhal 649-0630 473-38-02 2,827 Underestimated December interest payment
2,827
2007B Sewer Bond Wastewater Interfund Transfers Carol Kurzhal 651-0630-415-50-02 3 Remaining cash balance of$2.44 was transferred to the 2012 Sewer Bond Fund 661 to be spent
3
Grand Total 1,917,178
December 2015 Budget Amendments 11!17/2015 Page6