HomeMy WebLinkAboutResolution 4900 Appropriating Funds for Various Budget Units, and Further Estimating Revenue Necessary to Operate and Maintain Services for Fiscal Year 2019 COMMISSION RESOLUTION NO. 4900
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
30,2019.
WHEREAS,the City Commission did, on the 14th day of May, 2018, receive and hear
the City Manager's Budget Recommendations for Fiscal Year 2018-2019 (Fiscal Year 2019); and
WHEREAS, the City Commission did, on May 14"', May 21St, June 11, and June 18th
hold Budget Work Sessions that were open to the public to discuss the details of the Recommended
Budget and make changes to the same; and
WHEREAS, the City Commission did, on the 251h day of June, 2018, 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(permanent funds)for budget
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Resolution 4900,Appropriating Funds for Fiscal Year ending June, 30,2019
units and purposes set forth below, in the amounts designated herein, as follows. The City
Commission further authorizes and re-appropriates the unexpended balance of Capital
Improvement Program & repair and equipment items previously budgeted which have not been
completed.
Budget Unit Total/Fund
General Fund $34,077,187
Special Revenue Funds $32,552,665
Debt Service Funds 2,398,522
Capital Projects 1,019,011
Enterprise Funds 40,308,009
Internal Service Funds 8,461,831
Permanent Funds 0
GRAND TOTAL—Operating Budget $118,824,225
Section 2
The City Commission of the City of Bozeman, Montana does hereby estimate revenues for the
various funds, as follows:
General Fund $ 31,915,530
Special Revenue Funds 26,304,885
Debt Service Funds 2,406,023
Capital Projects 284,011
Enterprise Funds 38,482,213
Internal Service Funds 8,467,995
Permanent Funds 88,500
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Resolution 4900,Appropriating Funds for Fiscal Year ending June,30,2019
GRAND TOTAL—Estimated Revenues $107,949,157
Section 3
That budget information contained in the "City Manager's Recommended Budget for
Fiscal Year 2018-2019" 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 2018-2019" and are hereby adopted by reference.
Section 4
Pursuant to Sections 7-6-4006 and 7-6-4012, M.C.A., the City Commission hereby
delegates 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 5
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 6
That upon this resolution becoming effective, as provided in Section 5 above, all
resolutions and parts thereof in conflict herewith are hereby repealed.
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Resolution 4900,Appropriating Funds for Fiscal Year ending June, 30,2019
Section 7
On April 1", should cash in lieu of Affordable Housing revenues in fund 120 be less than
$44,300, the City Commission hereby orders the advertising of a budget amendment hearing to
occur at a regularly scheduled meeting in May or June 2019.
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, ADOPTED, AND APPROVED by the City Commission of the City of
Bozeman, Montana, at a regular session thereof held on the 25th ay-- 52018.
YN A PS
Mayor
ATTEST: '`�F B 02 ,
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R BIN CROUG --
City Clerk
rN CO. APPRrOVE O FORM:
G UL V
City Attorney
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