HomeMy WebLinkAboutResolutions 5486 - Appropriating Funds for Fiscal Year Ending June 30, 2024RESOLUTION 5486
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, 2024.
WHEREAS, the City Commission did, on the 6th day of June, 2023, receive the City
Manager’s Budget Recommendations for Fiscal Year 2023-2024 (FY24); and
WHEREAS, the City Commission did, on June 13th and June 27th 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 11th day of July, 2023, 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, as follows:
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 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
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Resolution 5486, Appropriating Funds for Fiscal Year ending June 30, 2024
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Program & repair and equipment items as approved by the City Manager which were previously
budgeted and have not been completed.
Budget Unit Appropriations
General Fund 55,707,000$
Special Revenue Funds 72,303,400
Debt Service Funds 5,169,900
Construction Funds 116,367,700
Enterprise Funds 52,270,300
Internal Service Funds 16,221,900
Permanent Funds -
Grand Total - Appropriations 318,040,200$
Section 2
The City Commission of the City of Bozeman, Montana does hereby estimate revenues for
the various funds, as follows:
Budget Unit Estimated Revenues
General Fund 53,523,200$
Special Revenue Funds 58,617,000
Debt Service Funds 5,532,200
Construction Funds 115,711,700
Enterprise Funds 56,591,900
Internal Service Funds 21,188,600
Permanent Funds 86,700
Grand Total - Estimated Revenues 311,251,300$
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Section 3
That budget information contained in the "City Manager's Recommended Budget for
Fiscal Year 2023-2024" document pertaining to Policy Direction, Fiscal Policy, and the specific
information concerning budgeting for each fund, as may be subsequently amended prior to final
adoption of the budget, are hereby incorporated into the document entitled "Approved Budget
for Fiscal Year 2023-2024" and are hereby adopted as reference.
Section 4
Annual appropriations and transfer out for various departments for Fiscal Year 2023-2024 will
be controlled and monitored for budgetary compliance at the budget unit level.
Section 5
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 6
Pursuant to Section 7-6-4030, M.C.A., this resolution, upon its passage, shall be in full force
and effect as of July 1, 2023.
Section 7
That upon this resolution becoming effective, as provided in Section 6 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.
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Resolution 5486, Appropriating Funds for Fiscal Year ending June 30, 2024
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PASSED, APPROVED, AND ADOPTED by the City Commission of the City of Bozeman, Montana,
at a regular session thereof held on the 11th day of July, 2023.
_______________________________________
Cynthia L. Andrus
Mayor
ATTEST:
_____________________________________
Mike Maas
City Clerk
APPROVED AS TO FORM:
________________________________________
GREG SULLIVAN
City Attorney
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