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HomeMy WebLinkAboutResolution 4060 FY08 Appropriation Resolution COMMISSION RESOLUTION NO. 4060 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, APPROPRIATING FUNDS FOR VARIOUS BUDGET UNITS, AND FURTHER ESTIMA TING REVENUE NECESSARY TO OPERATE AND MAINTAIN SERVICES OF MUNICIPAL GOVERNMENT FOR THE FISCAL YEAR ENDING JUNE 30, 2008. WHEREAS, the City Commission did, on the 29th day of May 2007, receive the City Manager's Budget Recommendations for Fiscal Year 2007-2008 (Fiscal Year 2008); and WHEREAS, the City Commission did, on the 27th day of August 2007, 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 proj ect 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. Bude:et Unit TotallFund General Fund $19,581,229 17,559,347 2,621,206 10,571,500 14,085,124 Special Revenue Funds Debt Service Funds Capital Projects Enterprise Funds - 1 - GRAND TOTAL - Operating Budget 3,199,499 16.000 $ 67.570.205 Internal Service Funds Permanent Funds Section 2 The City Commission of the City of Bozeman, Montana does hereby estimate revenues for the various funds, as follows: GRAND TOTAL - Estimated Revenues $19,589,319 14,732,968 2,303,440 12,906,500 17,671,512 3,226,330 20.000 $ 70.450.069 General Fund Special Revenue Funds Debt Service Funds Capital Projects Enterprise Funds Internal Service Funds Permanent Funds 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 2007-2008" and are hereby adopted by reference. Section 4 Pursuant to Sections 7w6A006 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 - 2 - 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 1,2007. 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 ofthis 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 27th day of August 2007. ~ tCf~ K ~. ayor -- -~-. ~ -.... ATTEST: -- . -... '. ~~ "..... ",'"-. -- . - 3 - APPROVED AS TO FORM: - 'r;~:::-' .'. ----........ ---.. ..:::: ~ . ----- - "...~<,/~--:- - ~'::~".-.- - -~- ::;:"-~..--:....-: ,,:-:-'-:"-,-~ - .:...... ,. -- ----.---. -,- - - - - "/ " " :~ _ ... .,..J - -....:~" .."-.:.::::.......--:.-.........,. ~ - , ....... .4-