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HomeMy WebLinkAboutResolution 4121 Appropriating Funds for Various Budget Units, and Revenue EstimatesCOMMISSION RESOLUTION N0.4121 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, 2009. WHEREAS, the City Commission did, on the 19th day of May 2008, receive the City Manager's Budget Rccomrnendations for Fiscal Year 2008-2009 (Fiscal Year 2009); and WHEREAS, the City Commission did, on the 2nd day of September 2008, after due and proper legal notice, conduct a public hearing on the proposed municipal budget and the proposed increase in tars 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 ofCapital Improvement Program & equipment items previously budgeted which have not been completed. Budget Unit TotaVFund General Fund $23,019,834 Special Revenue Funds 22,685,108 Debt Service Funds 2,648,424 Capital Projects 835,319 Enterprise Funds 27,890,544 -1- Internal Service Funds 3,439,822 Permanent Funds 16,000 GRAND TOTAL -Operating Budget S 80~535T051 Section 2 The City Commission of the City of Bozeman, Montana does hereby estimate revenues for the various funds, as follows: General Fund $22,287,851 Special Revenue Funds 14,098,933 Debt Service Funds 2,720,424 Capital Projects 3,025,380 Enterprise Funds 22,082,351 lnternal Service Funds 3,450,822 Permanent Funds 20 000 GRAND TOTAL - Estimated Revenues 67.685.761 Section 3 That budget information contained in the "City Manager's Budget Recommendation" document pertaining to Policy Direction, Fiscal Policy, and the specific information concerning budgeting for each department, as maybe subsequently amended prior to final adoption of the budget, are hereby incorporated into the document entitled "Approved Budget for Fiscal Year 2008-2009" and are hereby adopted by reference. -2- Section 4 Pursuant io Sections 7-6-4006 and 7-6-4012, M.C.A., the City Commission hereby delegates appropriation and budget amendment authority to the City Manager for the expenditures from the following funds: debt service funds; fee-based budgets; trust funds; federal, state, and private grants accepted and approved by the City Commissian; special assessments; monies borrowed during the year; proceeds from sale of land; and funds for gifts or donations. Section S Pursuant to Section 7-6-4030, M.C.A., this resolution, upon its passage, shall be in full force and effect on July 1, 2008. Section 6 That upon this resolution becoming effective, as provided in Section S above, all resolutions and parts thereof in conflict herewith are hereby repealed. Section 7 "1"hat should it be found by any court of carnpetent jurisdiction that any section, clause, portion, sentence, word, or phrase of this resolution is deemed to be contrary to any existing law or regulations, that in this instance, it is the intent of the City Commission of the City of Bozeman, Montana, that all other portions, sections, words, clauses, phrases, or paragraphs of this document shall remain in full force and effect. PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 2nd day of September 2008. ~$"`~ 2 KAAREN JAC BSON Mayor -3- ATTEST: U ST CY MEN City Cler APPROVED AS TO I~ORM: nu t TIM COOPER Assistant City Attorney _4_