HomeMy WebLinkAboutResolution 3844 Appropriation Resolution for FY 2006
COMMISSION RESOLUTION NO. 3844
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, APPROPRIATING FUNDS FOR VARIOUS BUDGET UNITS, AND
FURTHER ESTIMATING REVENUE NECESSARY TO OPERATE AND MAINTAIN
SERVICES OF MUNICIPAL GOVERNMENT FOR THE FISCAL YEAR ENDING
JUNE 30, 2006.
WHEREAS, the City Commission did, on the 20th dayof June 2005, receive the City Manager's
Budget Recommendations for Fiscal Year 2005-2006; and
WHEREAS, the City Commission did, on the 22nd day of August 2005, after due and proper
legal notice, conduct a public hearing on the proposed municipal budget.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman,
Montana, to wit:
Section 1
The City Commission of the City of Bozeman, Montana, does hereby authorize and appropriate
expenditures of governmental fund types (general fund, special revenues funds, debt service funds and
capital project funds) and operating expenses for proprietary fund types (enterprise funds and internal
service funds) and fiduciary fund types (trust and agency funds) for budget units and purposes set forth
below, in the amounts designated herein, as follows. The City Commission, under the provisions of
Section 7-6-4240(2), M.C.A., further authorizes and re-appropriates the unexpended balance of Capital
Improvement Program items previously budgeted which have not been completed.
Budaet Unit Total/Fund
General Fund 18,120,175.
Special Revenue Funds 18,024,343.
Debt Service Funds 2,418,452.
Capital Projects 13,530,000.
Enterprise Funds 21,094,890.
Internal Service Funds 2,885,419.
Trust and Agency Funds 6,000.
GRAND TOTAL - OPERATING BUDGET $ 76.079.279.
Section 2
The City Commission of the City of Bozeman, Montana does hereby estimate revenues for the
various funds, as follows:
Governmental Proprietary Fiduciary
Funds Funds Funds
Total
Special Debt Capital Internal Trust All
~ Revenue Service Proiect Enterprise Service & AQencv Funds
Total Projected Revenues $ 17,247.299. $11.318.087. $ 1,483,354. $13,161,000. $ 15,262,027. $ 3,011.500. $ 9,000. $ 61.492.267.
PrOjected (increase)
decrease in Fund
Equity 872.876. 6.706.256. 935 .098. 369.000. 5.832.863. ( 126.081.) ( 3.000.) 14.587.012.
TOTAL PROJECTED
REVENUES AND USES
(INCREASE~IN $ 18,024.343. $ 2.418.452. $ 13.530.000. $ 21.094.890. $ 2.885.419. $ $ 76.079.279.
FUND EQUI $ 18.120,175. 6.000.
Section 3
That, in cooperation between the Library Board of Trustees and the City Commission, the
following loan details are included in the appropriation to the Library Construction Fund for Fiscal Year
2005-2006. These short-term loans will be paid back to the respective funds, with accrued interest, by
no later than March 31,2007. At that time, if the Library construction fundraising efforts have not repaid
each of the loans, an external loan will be obtained. Repayment of an external loan will come from the
Library budget with necessary budget amendments planned for Fiscal Year 2007-2008.
Fiscal Year 2005-2006 Library Construction Bridge Loan
From:
General Fund $ 1,040,000.
Development Impact Fund 900,000.
Special Projects Fund 600,000.
Insurance Proceeds Fund 200,000.
Wastewater Fund 360,000.
To:
Library Construction Fund $ 3,100,000.
Section 4
That budget information contained in the "City Manager's Budget Recommendation" document
pertaining to Policy Direction, Fiscal Policy, and the specific information concerning budgeting for each
department, as may be subsequently amended prior to final adoption of the budget, are hereby
incorporated into the document entitled "Approved Budget for Fiscal Year 2005-2006" and are hereby
adopted by reference.
Section 5
Pursuant to Sections 7-6-4006 and 7-6-4012, M.C,A., the City Commission hereby delegates
-2-
appropriation and budget amendment authority to the City Manager for the expenditures from the
following funds: debt service funds; fee-based budgets; trust funds; federal, state and private grants
accepted and approved by the City Commission; special assessments; monies borrowed during the year;
proceeds from sale of land; and funds for gifts or donations.
Section 6
Pursuant to Section 7-6-4030, M.C.A., this resolution, upon its passage, shall be in full force
and effect on July 1,2005.
Section 7
That upon this resolution becoming effective, as provided in Section 5 above, all resolutions
and parts thereof in conflict herewith are hereby repealed.
Section 8
That should it be found by any court of competent jurisdiction that any section, clause, portion,
sentence, word, or phrase of this resolution is deemed to be contrary to any existing law or regulations,
that in this instance, it is the intent of the City Commission of the City of Bozeman, Montana, that all other
portions, sections, words, clauses, phrases, or paragraphs of this document shall remain in full force and
effect.
PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a
regular session thereof held on the 6th day of September 20
....
ANDRE
ATTEST:
~2~
R L. SULLIVAN
City Clerk
-3-