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HomeMy WebLinkAboutResolution 4602 Appropriating Funds for Various Budget Units for Fiscal Year ending 2016 to 7;e�1��� COMMISSION RESOLUTION NO. 4602 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 30,2016. WHEREAS, the City Commission did, on the llth day of May, 2015, receive and hear the City Manager's Budget Recommendations for Fiscal Year 2015-2016 (Fiscal Year 2016); and WHEREAS, the City Commission did, on May 18th, June 1 st, June 8th, and June 15th held 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 22nd day of June, 2015, 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 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. Page 1 of 4 Resolution 4602,Appropriating Funds for Fiscal Year ending June,30,2016 Budget Unit Total/Fund General Fund $ 27,184,041 Special Revenue Funds 28,103,387 Debt Service Funds 2,792,979 Capital Projects 6,251,000 Enterprise Funds 35,087,945 Internal Service Funds 5,654,244 Permanent Funds 0 GRAND TOTAL—Operating Budget 105,073.596 Section 2 The City Commission of the City of Bozeman, Montana does hereby estimate revenues for the various funds, as follows: General Fund $ 27,368,109 Special Revenue Funds 18,049,295 Debt Service Funds 2,439,603 Capital Projects 6,153,000 Enterprise Funds 33,574,618 Internal Service Funds 5,358,256 Permanent Funds 106,000 GRAND TOTAL—Estimated Revenues 93,048,881 Page 2 of 4 Resolution 4602,Appropriating Funds for Fiscal Year ending June,30,2016 Section 3 That budget information contained in the "City Manager's Recommended Budget for Fiscal Year 2015-2016" 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 2015- 2016" 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, 2015. 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 APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 22nd day of June, 2015. k-„e""...j \.. JEFF 'K KRAUSS ..... . ` ayor ATTEST: PA ST C CJLM N, CMC 1 b � City C � e "IV cc). C c). Page 3 of 4 Resolution 4602,Appropriating Funds for Fiscal Year ending June,30,2016 APPROVED AS TO FORM: k, RE"ULLIV City Attorney Page 4 of 4