HomeMy WebLinkAbout08-13-18 City Commission Packet Materials - A3. Res. 4944, FY19 Budget Amendment for Water Fee Fund
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Kristin Donald, Finance Director
Shawn Kohz, Interim Public Works Director
SUBJECT: Commission Resolution No. 4944 – Amending the City’s Annual Budget
for the Water Impact Fee Fund Appropriations for the Fiscal Year Ending
June 30, 2019 (FY19).
MEETING DATE: August 13, 2018
AGENDA ITEM: Action
RECOMMENDATION: Approve Resolution No. 4944- Amending the City’s Annual
Budget for Water Impact Fee Fund Appropriations.
BACKGROUND:
On July 23, 2018, the Commission approved Resolution 4939, which provided Water Impact Fee
to Montana State University. The refund amount for water and wastewater impact fees paid for
Yellowstone Residence Hall and Jake Jabs Hall. Both of these facilities paid impact fees at the
time they connected to the water and wastewater systems was approved via the resolution.
Respective fee amounts were determined on gallon per gallon basis. Metered water use for these
buildings show that the MSU is due a refund as their actual water and wastewater demand is much
less than that for which the fees were paid. The refund approved totaled $371,408.51.
ALTERNATIVES: As suggested by the Commission.
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FISCAL EFFECTS: The current budgeted spending in the Water Impact Fee Fund will increase
by a total of $371,408.51. The FY19 estimated ending cash balance in the Water Impact Fee Fund
will be decreased from $1,104,166 to $732,757.49. We have cash available due to changes in the
street reconstruction projects and timing.
Attachment: Resolution No. 4944 Report compiled on August 3, 2018
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Page 1 of 3
COMMISSION RESOLUTION NO. 4944
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, AMENDING FISCAL YEAR 2019 (FY19) WATER IMPACT FEE FUND
BUDGET TO INCLUDE ADDITIONAL EXPENDITURES OF $371,408.51.
WHEREAS, the City Commission did, on the 25th day of June, 2018, after due and
proper legal notice, conduct a public hearing and adopt a municipal budget for Fiscal Year 2018-
2019 (Fiscal Year 2019); and
WHEREAS, the City Commission did, on the 13th day of August 2018, after due and
proper legal notice, conduct a public hearing on proposed amending the municipal budget.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana, to wit:
Section 1 – Appropriation Changes
The City Commission of the City of Bozeman, Montana, does hereby authorize the
following changes to expenditures in the Water Impact Fee Fund:
Additions: This project and amount is added to the FY19 budget. Impact Fee Reimbursement $371,408.51 Total Appropriations Changes: $371,408.51
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Resolution 4944, Budget Amendment for Water Impact Fee Fund for FY19
Page 2 of 3
Section 2 – Use of Cash on Hand in the Water Impact Fee Fund
The increased appropriation will be funded with cash on hand in the Water Impact Fee
Fund.
Section 3
Pursuant to Section 7-6-4030, M.C.A., this resolution, upon its passage, shall be in full
force and effect on July 1, 2018.
Section 4
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.
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Resolution 4944, Budget Amendment for Water Impact Fee Fund for FY19
Page 3 of 3
PASSED, ADOPTED, AND APPROVED by the City Commission of the City of
Bozeman, Montana, at a regular session thereof held on the 13th day of August, 2018.
___________________________________
CYNTHIA L. ANDRUS
Mayor
ATTEST:
_________________________________
ROBIN CROUGH City Clerk
APPROVED AS TO FORM:
___________________________________
GREG SULLIVAN City Attorney
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