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Home My WebLink AboutRes2010-116 Sponsored by: Oates CITY OF SEWARD, ALASKA RESOLUTION 2010 -116 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, AMENDING THE 2010/2011 BIENNIAL BUDGET TO REFLECT MID -CYCLE BUDGET CHANGES, AND APPROPRIATING FUNDS WHEREAS, the 2010/2011 Biennial Budget was passed on November 23, 2009, reflecting the City's first biennial budget, and covering the period from January 1, 2010 through December 31, 2011; and WHEREAS, the City intends to do a mid -cycle budget adjustment at the end of each even - numbered year, to adjust the "off budget year" to reflect changes to the budget based on updated revenue information, economic conditions, and other timely and relevant information impacting the upcoming budget year; and WHEREAS, the City budgeted an anticipated 2.0% cost of living increase for all employees for 2011, but is downward adjusting the 2011 budget to reflect a 1.2% cost of living increase, and is downward adjusting budgets to reflect lower - than - expected increases in health insurance costs; and WHEREAS, this resolution adopts specific changes to the General Fund, the Motor Pool Internal Service Fund, and all enterprise funds with the exception of the Electric Enterprise Fund, with each specific line item change being reflected on the spreadsheet attached hereto; and WHEREAS, the City will adopt the General Fund mill rate for 2011 in a subsequent resolution. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The General Fund 2011 Budget is hereby amended and funds are hereby appropriated, according to the specific modifications included on the attached spreadsheet, as follows: 1) Net revenues are increased by $101,114; 2) Net expenditures are increased by $50,123; and 3) Transfers -out are increased by $50,000 for a total increase in the General Fund budgeted fund balance of $991. Section 2. The Harbor Enterprise Fund 2011 Budget is hereby amended and funds are hereby appropriated, according to the specific modifications included on the attached spreadsheet, as follows: 1) Revenues and Expenses remain unchanged; and 2) Transfers -in from the General Fund are increased by $50,000 to reflect higher anticipated fish tax revenues, for a total net increase in the Harbor Enterprise Fund budgeted net assets of $50,000. L rr CITY OF SEWARD, ALASKA RESOLUTION 2010 -116 .w Section 3. There are no budget amendments to the Seward Marine Industrial Center 2011 Budget. Section 4. The Water Enterprise Fund 2011 Budget is hereby amended and funds are hereby appropriated, according to the specific modifications included on the attached spreadsheet, as follows: 1) There are no changes to revenues or transfers; and 2) Net expenses are increased by $220,183, for a total net decrease in budgeted net assets of $220,183. Section 5. The Wastewater Enterprise Fund 2011 Budget is hereby amended and funds are hereby appropriated, according to the specific modifications included on the attached spreadsheet, as follows: 1) There are no changes to revenues; 2) Transfers -in from the Wastewater Major Repair & Replacement Fund are increased by $170,000 with a corresponding transfer -out from the Wastewater MRRF in the same amount, to reflect use of Wastewater MRRF funds to cover capital project costs; and 3) Net expenses are decreased by $3,378, for a total net increase in budgeted net assets of $3,378. Section 6. The Parking Enterprise Fund 2011 Budget is hereby amended and funds are hereby appropriated, according to the specific modifications included on the attached spreadsheet, as follows: 1) There are no changes to budgeted revenues, as revenue rates are slated to return to pre - ai l 2009 levels effective January 1, 2011; 2) There are no changes to transfers; and 3) Net expenses are decreased $9,000, for a total net decrease in budgeted net assets of $9,000. Section 7. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 22nd day of November, 2010. THE CI • _ _ WARD ALASKA /; illard E. Dunham, Mayor AYES: Valdatta, Smith, Keil, Shafer, Casagranda, Dunham NOES: None ABSENT: Bardarson ABSTAIN: None ra ` ��• • • ATTE • Jean ewis, MC • •. tf�'•Y • ® ,� � ��' °' • City Clerk \ •I 4►' ° ° °.rrrirrs° A4 ►• � �', ' •• F OF M�-M $t (Seal) City of Seward Budget Modifications for 2011 Budget GENERAL FUND General Sub- Account Amount of Amount of Fund Department Ledger Account Name Increase Decrease Notes: 5150 Police - communications 6790 Veripac maintenance agreement, Radio narrow- banding 1211 5010 Jail - salaries 2,690 Cola decrease from 2.0% to 1.2% 5070 Jail - health insurance 4,800 Health insurance decrease 1220 5010 Fire - salaries 1,780 Cola decrease from 2.0% to 1.2% 5070 Fire - health insurance 2,400 Health insurance decrease 5380 Fire - building repairs 20000 Contingent on revenue sharing receipt 1250 5010 Building inspection - salaries 635 Cola decrease from 2.0% to 1.2% 5070 Building inspection - health 800 Health insurance decrease 1310 5010 Roads - salaries 2,277 Cola decrease from 2.0% to 1.2% 5070 Roads - health 2,400 Health insurance decrease 5920 Roads - pole barn 95000 Contingent on revenue sharing receipt 1340 5010 City shop - salaries 1,509 Cola decrease from 2.0% to 1.2% 5070 City shop - health insurance 1,600 Health insurance decrease 1350 5010 Muni Bldg - salaries 852 Cola decrease from 2.0% to 1.2% 5070 Muni Bldg - health insurance 1,600 Health insurance decrease 1400 5010 P &R admin - salaries 500 Cola decrease from 2.0% to 1.2% 5070 P &R admin - health 800 Health insurance decrease 5790 P &R - conference costs 5000 Bring Parks & Rec conference back to Seward 1420 5010 P &R sports - salaries 1,384 Cola decrease from 2.0% to 1.2% 5070 P &R sports - health insur. 1,600 Health insurance decrease 1430 5010 TYC - salaries 1,275 Cola decrease from 2.0% to 1.2% 5070 TYC - health insurance 1,600 Health insurance decrease 1410 5010 Parks mtnc. - salaries 2,249 Cola decrease from 2.0% to 1.2% 5070 Parks mtnc. - health insurance 1,600 Health insurance decrease 1500 5010 Library - salaries 1,787 Cola decrease from 2.0% to 1.2% 5070 Library - health insurance 3,200 Health insurance decrease 1910 5810 Debt Service - loan to EF 110784 Repay electric for prior years' SMIC deficit coverage 250,379 105,256 Transfers: 101 0000 3071 401 Transfer -out to Harbor 50,000 (50,000) Net revenue increase /(decrease): 196,114 Net expenditure (increase)/decrease: (145,123) Net change in annual surplus (deficit) ' 991 1 City of Seward Budget Modifications for 2011 Budget GENERAL FUND General Sub- Account Amount of Amount of Fund Department Ledger Account Name Increase Decrease Notes: General Fund: Revenues: 101 0 4330 175 PILT - ASLC 9,000 Increase in PILT based on historical trend 101 0 4230 100 Taxi permits 100 Increase based on historical trend 101 0 4230 600 City business license 3,000 Increase based on historical trend 101 0 4350 130 Raw fish tax 50,000 Any increase will be offset by transfer out to Harbor 101 0 4350 140 Revenue sharing 115,000 Will be used for pole barn & fire hall repairs, if received 101 0 4410 410 Project management fees 46,004 Levee /road project overhead 101 0 4470 110 Pavilion fees 700 Increase based on historical trend 101 0 4470 120 Camping fees - dry sites 10,000 Increase based on historical trend 101 0 4470 121 Electric sites - campground 20,190 Increase based on historical trend 101 0 4490 100 Library service revenue 2,000 Increase based on passport processing 101 0 4430 150 Shop work orders 12,000 Electric fund now has their own mechanics 101 0 4690 100 Garbage contract 47,880 Alaska Waste will process their own billing 255,994 59,880 Expenditures: 101 1110 5140 Mayor & Council - travel 5,000 Increase in travel 5150 Mayor & Council - communication 2,000 Increase in communications 5690 Mayor & Council - contingency 5,000 Decrease in contingency to offset travel cost increase! 1111 5010 Legislative - salaries 172 Cola decrease from 2.0% to 1.2% 1115 5170 Legal 5,000 Cost control measures 1120 5130 CM - subscriptions 1,000 Decrease in subscriptions 5160 CM - education 3,000 Decrease in education due to completion of degree 5390 CM - contracted services 5,000 Decrease in contracted services 5460 CM - small tools /equipment 3,500 Decrease in small tools 5380 CM - maintenance 425 Increase in maintenance 5450 CM - gas /lube 300 Increase in gas /lube 5490 CM - postage /freight 400 Increase in postage 5690 CM - contingency 4,680 Increase in contingency 5010 CM - salaries 815 Cola decrease from 2.0% to 1.2% 5070 CM - health insurance 2,400 Health insurance decrease 1121 5010 MIS - salaries 1,341 Cola decrease from 2.0% to 1.2% 5070 MIS - health insurance 1,600 Health insurance decrease 1130 5010 Clerk - salaries 798 Cola decrease from 2.0% to 1.2% 5070 Clerk - health insurance 2,400 Health insurance decrease 1140 5010 Finance - salaries 3,625 Cola decrease from 2.0% to 1.2% 5070 Finance - health insurance 5,600 Health insurance decrease 1150 5010 Comm. Develop - salaries 2,025 Cola decrease from 2.0% to 1.2% 5070 Comm. Develop - health ins. 2,400 Health insurance decrease 1210 5010 Police - salaries 9,842 Cola decrease from 2.0% to 1.2% 5070 Police - health insurance 10,400 Health insurance decrease Budget Modifications for 2011 Budget Enterprise Funds General Sub- Account Amount of Amount of Fund Department Ledger Account Name Increase Decrease Notes: Harbor Enterprise Fund: Revenues: No Changes Expenses: No Changes Transfers -In: 401 0 3070 101 Transfer -from General Fund 50,000 Additional raw fish tax Net increase in Harbor surplus: 1 $ 50,000 I SMIC Enterprise Fund: No changes to revenue, expense, or transfers Water Enterprise Fund: 701 7400 5010 Water - salaries 4017 Decrease in cola from 2.0% to 1.2% 5070 Water - health insurance 800 Decrease in health insurance 5390 Water - contracted services 45000 Backup generator $45,000 5390 Water - contracted services 180000 Site control /engineering new 500K water storage tank Net increase (decrease) in Water surplus: 1 $ (220,183)1 Wastewater Enterprise Fund: 703 7900 5010 Wastewater- salaries 1600 5070 Wastewater - health insurance 1778 703 0 3070 702 Transfer -in from Sewer MRRF 170000 702 0 3071 703 Transfer -out from Sewer MRRF 170000 Net increase (decrease) in Wastewater surplus: 1 $ 3,378 1 Parking Enterprise Fund: 403 4030 5010 Parking - salaries 9000 Personnel reduction due to automated parking machines Net increase (decrease) in Parking surplus: 1 $ 9,000 1 Motor Pool Internal Service Fund: 102 1020 5930 Equipment - purchase of dump truck 120000 I $ (120,000)1