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HomeMy WebLinkAboutOrd2008-020Sponsored by: Oates Introduction Date: December 8, 2008 Public Dearing Date: January 12. 2008 Enactment Date: January 12,2008 CITY OF SEWARD, ALASKA ORDINANCE 2008-020 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, AMENDING VARIOUS SECTIONS OF THE SE~'~'ARD CITY CODE TO REQUIRE 'CHE CITY OF SEWARD PROVIDE A BIENNIAL BUllGET BEGINNING FISCAL YEAR 201.0 WHEREAS, on March 24, 2008 the Seward City Council approved Resolution 2008-025 which proposed City Charter revisions allowing the City's annual budget year to go on a biennial schedule, and be submitted to the voters of Seward at the October 7, 2008 regular city election; and WIIEREAS, on October 7, 2008, the voters approved Proposition No. 2, which amended city charter revisions 5.4(d), 6.2 and 6.3(c) by a passage of four votes; and WHERF,AS, administration. and the city council requested a biennial budget to reduce the amount of time spent in atu~ual preparation, and to better focus on long-term fiscal planning rather than continual short-term budget preparation, thus becoming more efficient; and WHEREAS, the biennial budget will reflect a 24-month budget covering two calendar years, with estimated revenues and detailed appropriations authorized for both calendar years at the time of passage by the City Council. NO~V, THEREFORE, THE CITY COUNCIL FOR THE CITY OF SEWARD ORDAINS that: ( ~..~;;~~out =deletions, bold italics =additions): Section 1. Seward City Code Section 2.20.035(9) City manager duties, is hereby amended to read: 9. He shall present to council ~„--a;,ni:;~ a biennial budget proposal for the city pursuant to § 5.05.010 of the Seward City Code. Section 2. Seward City Code Section 2.25.045(3) Finance Department- Powers and duties, is hereby amended to read as follows: (3) Review the proposed aura-I biennial budget for all departments of the city and consolidate them into a proposed ~ biennial city budget for presentation to the city manager and city council; .... CITY OF SEWARD, ALASKA ORDINANCE 2008-020 Section 3. Seward City Code Section 5.05.010 Submission; contents, is hereby amended to read as follows: 5.05.010. Submission; contents. The city manager shall present to the council a budget proposal for the next two fiscal years of the city at least 45 days prior to the next bien~ual fiscal year. Such budget proposal shall set forth the city manager's recommended tax rate based on an analysis of the anticipated income and expenditures of the city U~t Fn~ for the next two fiscal years. The proposed expenditures set forth in the budget proposal shall not exceed the expected revenues of the city. Unencumhered funds remaining at the end of }~i~,t each fiscal year may be reallocated for purposes set forth in the budget proposal. The council shall by June 15 of each year present to the borough assembly a statement of the city's rate of levy, unless a different date is agreed upon by the borough and city. Section 4. Seward City Code Section 5.05.015 Review; hearing; adoption, is hereby amended to read as follows: 5.05.15. Review; hearing; adoption. The budget proposal of the city manager shall be reviewed by the council and shall be available for public inspection in the office of the city clerk. Council shall direct that a public hearing on the Gienirial budget proposal shall be held not less than one week before its final adoption. Notice of the public hearing shall be published in a newspaper by the city clerk at least one week prior to the date of hearing. At a regular meeting held not less than ten days prior to the end of the fiscal year, the council shall, by resolution, adopt a budget for the €eI}e~v-ice next two fiscal years and make appropriation of the money needed therefore. If the council does not adopt a biennial budget prior to the third day preceding the commencement of the next fiscal year, it shall be held to make an appropriation therefore, without any further council action. Section 5. This ordinance shall take effect ten (10) days following enactment. ENACTED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this 12`~ day of January, 2009. THE CITY OF SEWARD, ALASKA Wi lard Dunham, Vice Mayor CITY OF SF.WARD, ALASKA ONDINANCE 2008-020 AYES: Valdatta, Bardarson, Smith, Kellar, Keil, Dunham NOES: None ABSENT: Corbridge ABSTAIN: None ATTEST: ,~ 1 ]e~71 LBWIS ~ 4 City Clerk ,.n*~s~rs~m,or ' ~s ~ ~a ~~'~ `J~'~,?t se 4 a r ~ Fs ° ~a3 :' =.'e (City Seal) 4iA ` ._ u a Y V • "'- ... ` ® ~ N w M A ~ ~ O _ ~ ~ °e of ~ ~ ~y'k~ { ~~i ~ ~V Y6::gYVU` ~ , ~-o ~' +~' ~A ~` s ~ ~ A~ a ° ' ~ ~ ~~an.... ~~~ COUNCIL AGENDA STATEMENT Meeting Date: December 8, 2008 Through: Phillip Oates, City Managei~i~yl From: Kristin Erchinger, Finance Director ~~[/~ RE: Biennial Budget BACKGROUND & JUSTIFICATION: The Seward City Council approved Resolution 2008-25 on March 24, 2008, authorizing a ballot measure to be placed before the voters on October 7, 2008, seeking voter approval to replace the current annual budget process, with a biennial (once every two year) budget. "fhe voters approved a biennial budget process by a vote of 207 to 204. Voter approval effectively amended the City Charter, and Ordinance 2008-~0 would amend the Seward City Code accordingly. The biennial budget is intended to reduce the amount of administrative time spent in preparing the budget, in order to focus more effort on long-term fiscal planning efforts and enterprise fund taritT reviews. It will also $~ee up stafftime and Council time, improving efficiency. In 2009, the administration will begin to prepare the first bieiviial budget, which will reflect a 24- month budget covering two calendar years, 2010-2011. The anticipated revenues and expenditures for both calendar years will be appropriated when Council approves the budget. As is currently the case, modifications or amendments to the operating and/or capital budgets can be brought before the Council at any time, by way of a resolution. Therefore, there will not be a full budget process at the end of the first calendar year of a two-year budget, but there will be an opportunity to amend the budget to reflect updated information and/or assumptions. CONSISTENCY CHECKLIST Where applicable, this agenda statement is consistent with the Seward City Code, Charter, Comprehensive Plans, [.,and Use Plans, Strategic Plan and City Council Rules of Procedures. Other: FISCAL NOTE: There are no costs associated with implementing the biennial budget, other than typical administrative costs associated with budget preparation. Approved by the Finance Department ~ ~~~ ~' au ` -~ ATTORNEY REVIEW: X RECOMMENDATION: City Council enact Ordinance 2008-~ amending the Seward City Code to provide for a biennial budget. 40