HomeMy WebLinkAboutResolution 97-44 10/06/1997
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CITY OF SPRINGFIELD
97-44
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RESOLUTION NO.
A RESOLUTION RECOGNIZING AND APPROPRIATING PROCEEDS IN THE COMMUNITY
DEVELOPMENT BLOCK GRANT FUND, AND THE ADJUSTMENT OF BEGINNING CASH IN THE
GENERAL FUND, THE STREET FUND, THE MUSEUM FUND, THE SPECIAL REVENUE FUND, THE
BANCROFT REDEMPTION FUND, THE METROPOLITAN W ASTEW A TER FUND, THE SDC PROJECTS
FUND, THE DEVELOPMENT ASSESSMENT FUND, THE DEVELOPMENT PROJECTS FUND AND THE
GO BOND CAPITAL PROJECTS FUND.
WHEREAS, the 1997-98 fiscal year appropriations for the City of Springfield were made by Resolution
No. 97-37 dated June 30, 1997; and
WHEREAS, the estimated expenditures contained in the supplemental budget for fiscal year 1997-98
result in an amount of estimated total expenditures by the City for the fiscal year that differs by more than 10
percent of any individual fund; and
WHEREAS, notice of such meeting including information regarding such revenues and expenditures was
published in a newspaper of general circulation not less than 14 days prior to the public hearing; and
WHEREAS, proceeds from the Community Development Block Grant Fund need to be recognized and
appropriated; and
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WHEREAS, the beginning cash balance in the General Fund, the Street Fund, the Museum Fund, the
Special Revenue Fund, the Bancroft Redemption Fund, the Metropolitan Wastewater Fund, the SDC Projects
Fund, the Development Assessment Fund, the Development Projects Fund, and the GO Bond Capital Projects
Fund needs to be adjusted,
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Springfield as
follows:
Section 1. The recognition and appropriation of proceeds in the Community Development Block Grant
Fund and the adjustment of beginning cash in the General Fund, the Street Fund, the Museum Fund, the Special
Revenue Fund, the Bancroft Redemption Fund, the Metropolitan Wastewater Fund, the SDC Projects Fund, the
Development Assessment Fund, the Development Projects Fund, and the GO Bond Capital Projects Fund as
follows:
Revenue Appropriation
COMMUNITY DEVELOPMENT BLOCK COMMUNITY DEVELOPMENT BLOCK
GRANTFUND GRANT FUND
Transfer from the Special Revenue $ 61.505 Community Development Program:
Fund
Materials & Services $ 61.505
Total Community Development $ 61,505
. Total Community Development Block Total Community Development Block
Grant Fund $ 61.505 Grant Fund $ 61.505
Resolution No. 97-44
"Page 2
. Revenue Appropriation
GENERAL FUND GENERAL FUND
Beginning Cash $ 32.951 Public Safety Program:
Materials & Services $ 12,366
Special Payments $ 14.762
Total Public Safety $ 27,128
Library Program:
Capital Outlay $ 5.823
Total Library $ 5,823
Total General Fund $ 32.951 Total General Fund $ 32.951
STREET FUND STREET FUND
Beginning Cash $ 517 Community Development Program:
Special Payments $ 517
Total Community Development $ 517
Total Street Fund $ 517 Total Street Fund $ 517
MUSEUM FUND MUSEUM FUND
. Beginning Cash $ 11,596 Community Development Program:
Special Payments $ 11.596
Total Community Development $ 11,596
Total Museum Fund $ 11.596 Total Museum Fund $ 11.596
SPECIAL REVENUE FUND SPECIAL REVENUE FUND
Beginning Cash $ 61.554 Community Development Program:
Materials and Services $ 49
Interfund Transfers $ 61.505
Total Community Development $ 61,554
Total Special Revenue Fund $ 61,554 Total Special Revenue Fund $ 61.554
BANCROFT REDEMPTION FUND BANCROFT REDEMPTION FUND
Beginning Cash $ 272,363 Debt Service Program:
Special Payments $ 142,363
Debt Service $ 130.000
Total Debt Service $ 272,363
. Total Bancroft Redemption Fund $ 272.363 Total Bancroft Redemption Fund $ 272.363
Resolution No.
'Page 3
97-44
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Revenue
Appropriation
METROPOLITAN W ASTEW ATER FUND
METROPOLITAN WASTEWATER FUND
Beginning Cash $ 55.000 Community Development Program:
Special Payments $ 55,000
Total Community Development $ 55,000
Total Metro Wastewater Fund $ 55.000 Total Metro Wastewater Fund $ 55.000
SDC PROJECTS FUND SDC PROJECTS FUND
Beginning Cash $ 238.807 Community Development Program:
Special Payments $ 238,807
Total Community Development $ 238,807
Total SDC Projects Fund $ 238.807 Total SDC Projects Fund $ 238.807
DEVELOPMENT ASSESSMENT FUND DEVELOPMENT ASSESSMENT FUND
Beginning Cash $ 23.020 Debt Service Program:
Special Payments $ 23.020
Total Debt Service $ 23,020
. Total Development Assessment Fund $ 23.020 Total Development Assessment Fund $ 23,020
DEVELOPMENTPROJECTSFUND DEVELOPMENT PROJECTS FUND
Beginning Cash $ 61,143 General Government Program:
Special Payments $ 47.828
Total General Government $ 47,828
Community Development Program:
Capital Projects $ 6,310
Special Payments $ 7.005
Total Community Development $ 13,315
Total Development Projects Fund $ 61.143 Total Development Projects Fund $ 61.143
GO BOND CAPITAL PROJECTS FUND GO BOND CAPITAL PROJECTS FUND
Beginning Cash $ 1,012.938 General Government Program:
Special Payments $ 98.957
Total General Government $ 98,957
Public Safety Program:
Materials & Services $ 117,422
. Capital Outlay $ 286,102
Capital Projects $ 273.097
Total Public Safety $ 676,621
Resolution No. 97-44
'Page 4
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Revenue
Total Go Bond Capital Projects Fund
Total Revenue
Appropriation
Library Program:
Capital Outlay
Total Library
Community Development Program:
Capital Projects
Total Community Development
$ 1.012.938 Total Go Bond Capital Projects Fund
$ 1.831.394 Total Appropriation
ADOPTED by the Common Council of the City of Springfield this 6th day of October, 1997.
Adopted by a vote of
4 for and
ATTEST:
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~~;j uJWM
REVIEWED & APPROVED
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DATE: \..~ '2. tC1 ,~
OFFICE OF CITY ATTORNEY
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Mayor
o
against.
$ 12,427
$ 12,427
$ 224.933
$ 224,933
$ 1.012.938
$ 1.831.394