Ordinance No. _____, Series 2018
TITLE
AN ORDINANCE AUTHORIZING YEAR-END OPERATING BUDGET TRANSFERS BETWEEN VARIOUS AGENCIES FOR FISCAL YEAR 2017-2018 AND TO PROVIDE VARIOUS TRANSFERS AS DETAILED HEREIN AND AMENDING ORDINANCE NO. 108, SERIES 2018 RELATING TO THE 2018-2019 OPERATING BUDGET FOR THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (AS AMENDED).
BODY
Sponsored By: COUNCIL MEMBER BILL HOLLANDER AND COUNCIL MEMBER KEVIN KRAMER
BE IT ORDAINED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (“METRO COUNCIL”) AS FOLLOWS:
SECTION I: The following year-end General Fund budget transfers are hereby authorized within the Fiscal Year 2017-2018 Operating Budget:
SECTION II: The sum of $10,910.24 is hereby transferred from the Special Revenue Fund to the General Fund related to the following amounts:
A. $10,910.24 to Parks and Recreation
SECTION III: The sum of $26,880.68 is hereby transferred from the General Fund to the Special Revenue Fund related to the following amounts:
A. $1,459.37 to Economic Development
B. $18,731.77 to Public Health and Wellness
C. $6,689.54 to Resilience and Community Services
SECTION IV: The sum of $174,486.89 is hereby authorized from the General Fund to the Capital Cumulative Reserve Fund as it relates to interest and surplus property sales in excess of the appropriated funding level for Fiscal Year 2017-2018:
A. Actual earned interest of $322,011.11 in Fiscal Year 2017-2018 relative to the budgeted interest of $500,000, creating a deficit of $177,988.89.
B. Actual surplus property sales of $3,502 in Fiscal Year 2017-2018 relative to the budgeted sales of $0, creating a surplus of $3,502.
C. The net deficit after this adjustment is $174,486.89.
SECTION V: Part I. Revenues and Funding Sources, of Ordinance 108, Series 2018 is hereby amended as follows:
SECTION VI: Part I. J. Chief of Resilience, of Ordinance 108, Series 2018 is hereby amended as follows:
1. OFFICE OF RESILIENCE & COMMUNITY SERVICES
a. General Operations
General Fund 9,093,700 9,640,491
Community Development 2,533,600
Agency and Other Receipts 18,022,400
Total - Office of Resilience &
Community Services 29,649,700 30,196,491
Included in Section VI.1.a. above is $546,791 to the Office of Resilience & Community Services (the “Office”) to the used exclusively for services to people experiencing homelessness, including (1) temporary storage of belongings; (2) temporary shelter for families and individuals, including low-barrier shelter beds. The Office shall present a plan for the use of these funds to the Metro Council President on or before January 2, 2019, with the goal of implementing the additional services by that date and no later than January 14, 2019. The plan shall name partnering organizations, a description of the services to be rendered by them, and the budget for those services. The services offered shall serve as a bridge to a more permanent plan to address these needs, which shall be proposed no later than April 25, 2019, when the Mayor presents his proposed FY20 Capital and Operating Budgets.
SECTION VII: Part I. F. Chief of Community Building, of Ordinance 108, Series 2018 is hereby amended as follows:
4. LOUISVILLE ZOO
a. General Operations
General Fund 4,308,600 4,383,600
Agency and Other Receipts 11,676,800
Total - Louisville Zoo 15,985,400 16,060,400
Included in Section VII.4.a. above is $75,000 to the Louisville Zoo for the Zoo’s 50th Anniversary Celebration in 2019.
SECTION V viii: The Metro Council has determined that the funds requested in this Ordinance will be expended for a public purpose.
SECTION VI IX: This Ordinance shall take effect upon its passage and approval.
|
_______________________________ H. Stephen Ott Metro Council Clerk |
_____________________________ David James President of the Council |
|
_______________________________ Greg Fischer Mayor |
_____________________________ Approval Date |
APPROVED AS TO FORM AND LEGALITY:
Michael J. O’Connell
Jefferson County Attorney
BY: ____________________________
O-466-18 FY 18 Year End Adjustments Proposed (As Amended)