Loading...
HomeMy WebLinkAboutRes2022-098 Accept Community Assitance Program Funds CITY OF SEWARD,ALASKA Sponsored by: Bower RESOLUTION 2022-098 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, ACCEPTING AND APPROPRIATING COMMUNITY ASSISTANCE PROGRAM FUNDS IN THE AMOUNT OF$136,622.12 FOR THE PURPOSE OF CAPITAL PROJECTS RELATED TO FIRE, PUBLIC SAFETY AND ROAD MAINTENANCE WHEREAS, the Community Assistance Program (CAP), formerly known as Community Revenue Sharing, provides funding to municipalities that provide services such as fire protection, water and sewer, public road maintenance, and solid waste management; and WHEREAS, the program is funded by state budget appropriations; and WHEREAS,program funding decreased from$141 million to$30 million and in 2021 it was unknown if the program would be funded for 2022; and WHEREAS, because allocation of program funds was not anticipated, the City of Seward 2022 operating budget does not contain budgeted revenue for the funds; and WHEREAS, the City unexpectedly received $136,622.12 from the Community Assisting Program; and 100% of those funds will be transferred from the General Fund to the Capital Acquisition Fund to be used for capital projects related to fire, public safety and road maintenance. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD,ALASKA that: Section 1. The Seward City Council hereby accepts the Community Assistance Program (CAP)funds in the amount of$136,622.12 for the purpose of capital projects related to fire,police, public safety, and road maintenance. Section 2 The Capital Improvement Plan for FY22, which is attached hereto and made a part hereof by reference, is hereby adopted. Section 3. The Assistance Program funds in the amount of$136,622.12 is hereby accepted and appropriated to 01000-0000-4200 in the General Fund Revenue Sharing Account and will be transferred from the General Fund 01000-0000-3710 to the Capital Acquisition Fund 80010-0000- 3700 to be used for capital projects related to fire, public safety and road maintenance. Section 4. This resolution shall take effect immediately upon adoption. CITY OF SEWARD, ALASKA RESOLUTION 2022-098 PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 12th day of September, 2022. THE I OF CA C�h is erry, ayor AYES: Calhoon, Casagranda, DeMoss, Osenga, McClure, Te NOES: None ABSENT: Wells ABSTAIN: None ATTEST: renda J. Ball , MC City ClerkI (City ;fits;liW } uugr s 4,01FRK41,0#-0, o" el SEAL a - -+— I. •NO✓� icy Nr `. %,ti'��•.,�NE 1 1-0#ss .,dP1t7,O;,A; City Council Agenda Statement Meeting Date: September 12, 2022 To: City Council Through: Janette Bower, City Manager From: Sully Jusino, Deputy Finance Director Agenda Item: Resolution 2022-098: Accepting and Appropriating Community Assistance Program Funds in the Amount of $136,622.12 for the Purpose of Capital Projects Related to Fire, Public Safety and Road Maintenance Background and justification: he Community Assistance Program, formerly known as Community Revenue Sharing, provides funding to municipalities that provide services such as fire protection, water and sewer, public road maintenance, and solid waste management. The program is funded by state budget appropriations. Program funding decreased from $141 million to $30 million and in 2021 it was unknown if the program would be funded for 2022. Because allocation of program funds was not anticipated, the City of Seward 2022 operating budget does not contain budgeted revenue for the funds. The State Revenue sharing funds have became more uncertain over time and to avoid factoring one—time uncertain revenues into the City's operating budget,the City has operated under a policy of utilizing one-time revenues to fund capital needs. Community Assistance Program Funds in the amount of $136,622.12 will be appropriated to the General Fund and will be transferred to the Capital Acquisition Fund in accordance with the City's budget policy. Comprehensive and Strategic Plan Consistency Information This legislation is consistent with (citation listed): Comprehensive Plan: Strategic Plan: Other: Certification of Funds Total amount of funds listed in this legislation: $ 136,622.12 This legislation (✓): x Creates revenue in the amount of: $ 136,622.12 Creates expenditure in amount of: $ Creates a savings in the amount of: $ Has no fiscal impact Funds are (✓): Budgeted Line item(s): Not budgeted Not applicable 256 Unassigned Fund Balance and Available Unrestricted Cash Balance Information Fund (✓): X General SMIC Electric Wastewater Boat Harbor Parking Wat F1 Healthcare Motor Pool X Other Available CA Funds $800,940.24 Unassigned Fund Balance*: $ 5,405,940.93 *unaudited numbers Available Unrestricted Cash Balance*: $ 7,988,191.37 Finance Signature: Attorney Review Yes Attorney Signature: ✓ Not applicable Comments: Administration Recommendation e✓ Adopt Resolution Other: 257