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HomeMy WebLinkAboutResolution 4643 Fiscal Year 2016 General Fund Budget for Joint Law and Justice Center COMMISSION RESOLUTION NO. 4643 i A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, AMENDING FISCAL YEAR 2016 (FY16) GENERAL FUND BUDGET FOR ARCHITECTURE AND DESIGN COSTS ASSOCIATED WITH THE CONSTRUCTION OF A JOINT LAW & JUSTICE FACILITY WITH GALLATIN COUNTY. i WHEREAS,the City Commission did, on the 22"d day of June, 2015, after due and proper legal notice conduct a public hearing on and adopt Resolution No. 4602 -A RESOLUTION OF THE I 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; and WHEREAS, Resolution No. 4602 appropriates $50,000 within the Police Department's budget for such costs. However, up to an additional $$778,000is needed in the fiscal year; and WHEREAS, Resolution No. 4602 left $452,000 unappropriated, indicated for this project after a budget amendment occurred; and WHEREAS, Resolution No. 4602 resulted in a General Fund Ending Undesignated Fund Balance that was $304,000 above the established minimum reserve level; and WHEREAS, The City's approved annual tax levy exceeds the estimate contained in Resolution No. 4602 by $280,000. The additional General Fund tax revenue could be used for this project; and WHEREAS, the City Commission did, on the 5th day of October, 2015, after due and proper legal notice, conduct a public hearing on the proposed budget amendments. - 1 - NOW, THEREFORE,BE IT RESOLVED by the City Commission of the City of Bozeman, Montana, to wit: Section 1 —Appropriation Additions The City Commission of the City of Bozeman, Montana, does hereby authorize additional expenditures for Joint City-County Law & Justice Center architecture and design costs in Fiscal Year 2016 in the following fund and amounts: General Fund: Police Department—Contracted Services Expenditures $778,000 Total Additional Appropriations 778 000 Section 2—Source of Funding for Appropriation Additions In addition to the $50,000 appropriated in the General Fund—Police Department budget for the project,the increased appropriation will be funding in the following ways: General Fund: Reduction of the General Fund Reserve: Amount earmarked, but not appropriated, at Final Budget $452,000 Amount that Final Budget exceeded minimum reserve level $304,000 Use of Unanticipated Revenues: Tax Levy exceeded Final Budget Estimate $22,000 Total Sources of Added Funding $778,000 Section 3 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 4 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 51h day of October, 2015. - 2 - JEFFREY.= KRAUSS ATTEST: 'f 0, City Cl rk ° a APPROVED AS TO FORM: dT&e`SULLIVAN "! City Attorney i' - 3 -