ORDINANCE NO. _________________, SERIES 2014
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AN ORDINANCE AMENDING ORDINANCE NO. 106, SERIES 2013 RELATING TO THE FISCAL YEAR 2013-14 operating BUDGET FOR THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, BY AUTHORIZING AN ADDITIONAL APPROPRIATION AND TRANSFER AS DETAILED HEREIN.
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SPONSORED BY: Council Member Marianne Butler
WHEREAS, an Order and Supplemental Judgment for up to seven hundred thousand dollars ($700,000.00) for interest was ordered by Jefferson Circuit Court Case No. 98CI-2519 entitled Donna Martin and Kelvin Brooks v. Ronald L. Bishop, et al.; and
WHEREAS, the collected Revenue Commission Payments are in excess of the amount budgeted
BE IT ORDAINED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (THE COUNCIL) AS FOLLOWS:
Section I: Part I., Revenues and Funding Sources of Ordinance No. 106, Series 2013 is hereby amended as follows:
1. GENERAL FUND
Property Taxes 141,310,000
Revenue Commission Payments 331,200,000 331,900,000
Licenses and Permits 14,350,000
Fines 2,280,000
Revenue from Use of Money and Property 1,460,000
Charges for Service 20,670,000
Intergovernmental Revenue __16,960,000
GENERAL FUND TOTAL 528,230,000 528,930,000
2. AGENCY AND OTHER RECEIPTS 135,487,000
3. MUNICIPAL AID 9,441,000
4. COMMUNITY DEVELOPMENT 9,237,200
5. DESIGNATED OTHER FUND BALANCE 2,710,000
6. DESIGNATED GENERAL FUND BALANCE 4,000
7. TOTAL REVENUES AND FUNDING SOURCES 685,109,200 685,809,200
8. TRANSFER FROM THE CAPITAL FUND (3,093,300)
9. COMMITTED FUNDS (,450,000) (ORDINANCE NO. 21, SERIES 2011)
10. TOTAL AVAILABLE FOR APPROPRIATION 681,565,900 682,265,900
SECTION II: Part I., G., 1. Office of Management & Budget of Ordinance No. 106, Series 2013 is hereby amended as follows:
a. General Operations
(1) General Fund 24,295,900 24,995,900
(2) Agency and Other Receipts 6,621,200 __________
Subtotal - General Operations 30,976,900 31,676,900
SECTION III: The sum of seven hundred thousand dollars ($700,000.00) is hereby appropriated from the General Fund to address the supplemental judgment ordered in Jefferson Circuit Court Case No. 98CI-2519. An amount up to seven hundred thousand dollars ($700,000.00) is hereby authorized to be transferred to the Risk Management Fund for settlement of the supplemental judgment as ordered.
SECTION IV: The Metro Council has determined that the funds requested in this Ordinance will be expended for a public purpose.
SECTION V: This Ordinance shall take effect upon its passage and approval.
_______________________________ H. Stephen Ott Metro Council Clerk |
_____________________________ Jim King President of the Council |
_______________________________ Greg Fischer Mayor |
_____________________________ Approval Date |
APPROVED AS TO FORM AND LEGALITY:
Michael J. O'Connell
Jefferson County Attorney
BY: _______________________________