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HomeMy WebLinkAboutResolution 3941 Appropriating Funds and Estimated Revenue for FY 06-07 COMMISSION RESOLUTION NO. 3941 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, 2007. WHEREAS, the City Commission did, on the 12th day of June 2006, receive the City Manager's Budget Recommendations for Fiscal Year 2006-2007 (Fiscal Year 2007); and WHEREAS, the City Commission did, on the 21 st day of August 2006, after due and proper legal notice, conduct a public hearing on the proposed municipal budget and the proposed increase in taxes collected. 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 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 items previously budgeted which have not been completed. Budqet Unit Total/Fund General Fund $19,110,407 Special Revenue Funds 19,128,991 Debt Service Funds 2,618,182 Capital Projects 9,533,650 Enterprise Funds 18,022,961 Internal Service Funds 3,109,829 Permanent Funds 16,000 - 1 - GRAND TOTAL - Operating Budget $ 71.540.020. Section 2 The City Commission of the City of Bozeman, Montana does hereby estimate revenues for the various funds, as follows: General Fund Special Revenue Funds Debt Service Funds Capital Projects Enterprise Funds Internal Service Funds Permanent Funds GRAND TOTAL - Estimated Revenues $18,757,598 12,796,349 2,248,100 10,278,265 16,635,848 3,084,028 12,300 $ 63.821.488 Section 3 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 2006,2007" 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 .2- Pursuant to Section 7~6-4030, M.C.A., this resolution, upon its passage, shall be in full force and effect on July 1,2006. 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. Section 7 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 21 st day of August, 2006. ~t(~ Je ra Ma or . - 3 -