HomeMy WebLinkAboutResolution 2016-18 06/20/2016 CITY OF SPRINGFIELD
FY 2015-2016
SUPPLEMENTAL BUDGET No.3
RESOLUTION NO. 2016-18
A RESOLUTION ADJUSTING RESOURCES AND REQUIREMENTS IN THE FOLLOWING FUNDS:
General,Special Revenue,Transient Room Tax,Regional Wastewater Debt Service,Regional Wastewater
WHEREAS,the 2015-2016 fiscal year appropriations for the City of Springfield were made by Resolution No.
2015-20 dated June 15,2015 and,
WHEREAS,at various times during the fiscal year the Common Council is requested to make adjustments to the
fiscal year budget to reflect needed changes in planned activities,to recognize new revenues,or to make other
required adjustments;and,
WHEREAS,the Common Council handles such requests for adjustment to the budget through Supplemental
Budget Resolutions presented at public hearings at which the public may comment on such requests;and,
WHEREAS,this Supplemental Budget#3 as amended by Supplemental Budget#2 Resolution#2016-04,amends
Supplemental Budget#1 Resolution#2015-32,for the 2015-2016 fiscal year,amends Resolution#2015-20.
WHEREAS,notice of a public hearing,including information regarding such revenues and expenditures was
published in a newspaper of general circulation not less than 5 days prior to the public meeting;and,
NOW,THEREFORE,BE IT RESOLVED,by the Common Council of the City of Springfield,a Municipal
Section 1.Resolution 2015-20 is hereby adjusted as follows:
General-Fund 100
Resources Requirements
EMSO IGA $ 33,335 Operating Expenses:
City Manager's Office 47,000
Finance 25,200
Human Resources 50,000
Library 58,705
Municipal Court (25,200)
Total Operating Expense $ 155,705
Non-Departmental Expenses:
Reserves $ (122,370)
Total Resources Adjustments $ 33,335 Total Requirements Adjustments $ 33,335
Comments: Request appropriates funds for economic development initiatives,software implementation,legal
counsel for bargaining and retirement payouts in the City Manager's Office,Finance,Human Resources and Library
departments.
Attachment 2 Page 1 of 6
Special Revenue-Fund 204
Resources Requirements
2016 Speed Grant $ 4,888 Operating Expenses:
Transfer From Fund 713 3,431 Library $ 38,000
Police 4,888
Total Operating Expense $ 42,888
Non-Departmental Expenses:
Reserves $ (34,569)
Total Resources Adjustments $ 8,319 Total Requirements Adjustments $ 8,319
Comments: Request appropriates funds for replacement of books,Library design work and self-checkout
installation in the Library Department. Recognizes revenue and expenditures for the 2016 Speed Grant in the
Police Department. Corrects prior year forfeiture funds posted to incorrect account.
Transient Room Tax-Fund 208
Resources Requirements
Transient Room Tax $ 50,500 Operating Expenses:
City Manager's Office $ 47,100
Non-Departmental Expenses:
Interfund Transfers $ 50,500
Reserves (47,100)
Total Non-Departmental Expenses $ 3,400
Total Resources Adjustments $ 50,500 Total Requirements Adjustments $ 50,500
Comments: Request appropriates funds for retirement payouts,the Ken Kesey Artwork and Inflight Advertising in
the City Manager's Office. Recognizes increase in Transient Room Tax revenue and transfers a portion to the
General Fund.
Regional Wastewater Debt Service-Fund 312
Resources Requirements
Transfer from Fund 612 $ 20,000 Non-Departmental Expenses:
Debt Service $ 20,000
Total Resources Adjustments $ 20,000 Total Requirements Adjustments $ 20,000
Comments: Adjust funds for the payoff of the 2006 revenue bond in order to save interest expense as directed by
the MWMC Commission.
Attachment 2 Page 2 of 6
RESOLTUION NO. 2016-18
Regional Wastewater Revenue Bond Capital Project-Fund 412
Resources Requirements
$ Non-Departmental Expenses:
Interfund Transfers $ 267,071
Reserves (267,071)
Total Non-Departmental Expenses $ -
Total Resources Adjustments $ - Total Requirements Adjustments $ -
Comments: Adjust funds for the advanced refunding and refinancing of the 2008 revenue bond in order to save
interest expense as directed by the MWMC Commission.
Development Projects-Fund 420
Resources Requirements
$ Non-Departmental Expenses:
Reserves $ (652,330)
Capital Projects $ 652,330
Total Resources Adjustments $ - Total Requirements Adjustments $ -
Comments: Request appropriates funds for the purchase of the Brombaugh property in Glenwood.
Regional Wastewater Capital-Fund 433
Resources Requirements
Transfer from Fund 612 $ (20,000) Non-Departmental Expenses:
Reserves $ (20,000)
Total Resources Adjustments $ (20,000) Total Requirements Adjustments $ (20,000)
Comments: Adjust funds for the payoff of the 2006 revenue bond in order to save interest expense as directed by
the MWMC Commission.
Street Capital-Fund 434
Resources Requirements
$ Non-Departmental Expenses:
Interfund Transfers $ (3,000,000)
Capital Projects $ 3,000,000
Total Resources Adjustments $ - Total Requirements Adjustments $ -
Comments: Request adjust funds for the Franklin Blvd Reconstruction Phase 1 project.
Attachment 2 Page 3 of 6
RESOLUTION NO. 2016-18
SDC Transportation Improvement-Fund 447
Resources Requirements
SDC Transportation Improvement $ 474,000 Non-Departmental Expenses:
Reserves $ (363,000)
Capital Projects $ 837,000
Total Resources Adjustments $ 474,000 Total Requirements Adjustments $ 474,000
Comments: Recognizes an increase in SDC Transportation Improvement revenue and appropriates funds for the
Franklin Blvd Reconstruction Phase 1 project.
Regional Wastewater-Fund 612
Resources Requirements
Transfer from Fund 412 $ (267,071) Non-Departmental Expenses:
Interfund Transfers $ -
Debt Service (254,000)
Misc.Fiscal Transactions (217,071)
Reserves 204,000
Total Non-Departmental Expenses $ (267,071)
Total Resources Adjustments $ (267,071) Total Requirements Adjustments $ (267,071)
Comments:Adjust funds for the payoff of the 2006 revenue bond and advanced refunding and refinancing of the
2008 revenue bond in order to save interest expense as directed by the MWMC Commission.
Insurance-Fund 707
Resources Requirements
EAIP Revenue $ 21,372 Operating Expenses:
Human Resources $ 236,872
Non-Departmental Expenses:
Statutory Payments $ 100,000
Reserves (315,500)
Total Non-Departmental Expenses $ (215,500)
Total Resources Adjustments $ 21,372 Total Requirements Adjustments $ 21,372
Comments: Request appropriates funds for liability claims and worker's compensation claims that are higher than
anticipated,Springfield Wellness Clinic design work,and personnel services delayed retirement in the Human
Resources department. Recognizes revenue and expenditures for the Oregon Employee-At-Injury program.
Attachment 2 Page 4 of 6
RESOLUTION NO. 2016-18
• Vehicle&Equipment-Fund 713
Resources Requirements
$ Operating Expenses:
City Manager's Office $ 500
Development&Public Works $ 153,031
Information Technology $ 46,682
Police 45,000
Total Operating Expense $ 245,213
Non-Departmental Expenses:
Interfund Transfers $ 3,431
Reserves (248,644)
Total Non-Departmental Expenses $ (245,213)
Total Resources Adjustments $ - Total Requirements Adjustments $ -
Comments: Request appropriates funds for Council iPad,compact truck loader,desktop computers, work station,
GIS server replacement and a patrol vehicle in the City Manager's Office,Development&Public Works,Information
Technology and Police departments.Corrects prior year forfeiture funds posted to incorrect account.
Regional Wastewater Revenue Bond Capital Project-Fund 412
Resources Requirements
$ Non-Departmental Expenses:
Debt Service $ 3,550,000
Interfund Transfers 275,656
Reserves (3,825,656)
Total Non-Departmental Expenses $ (3,550,000)
Total Resources Adjustments $ - Total Requirements Adjustments $ (3,550,000)
Comments: Corrects prior supplemental budget resolution that stated funds posted to Fund.
Development Assessment Capital-Fund 419
Resources Requirements
$ Non-Departmental Expenses:
Debt Service $ (3,550,000)
Interfund Transfers (275,656)
Reserves 3,825,656
Total Non-Departmental Expenses $ -
Total Resources Adjustments $ - Total Requirements Adjustments $ -
Comments: Corrects prior supplemental budget resolution that stated funds posted to Fund.
Attachment 2 Page 5 of 6
RESOLUTION NO. 2016-18
•
Total Resources Adjustments $ 320,455 Total Requirements Adjustments $ 320,455
Section 2. This resolution shall take effect upon adoption by the Council and approval by the Mayor.
Adopted by the Common Council of the City of Springfield this 20th, ay of June,2016,by a vote of 5 for and
0 against. (1 abs — Pishioneri)
Attest:
(,,, Mayor Christine L Lundbe
CN► �[� k1-(J 1�v7L
City Recotder Amy Sowa
V REVIEWED &APPROVED
AS TO FOR;,
DATE: 4117111M
OFFICE OF CI ATT'RNEY
Attachment 2 Page 6 of 6
RESOLUTION NO. 2016-18