Ordinance No. _____, Series 2015
TITLE
AN ORDINANCE AUTHORIZING YEAR-END OPERATING BUDGET TRANSFERS BETWEEN VARIOUS AGENCIES FOR FISCAL YEAR 2014-2015 AND TO PROVIDE VARIOUS TRANSFERS AS DETAILED HEREIN (AS AMENDED).
BODY
Sponsored By: Council Member Cheri Bryant Hamilton
BE IT ORDAINED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (“METRO COUNCIL”) AS FOLLOWS:
SECTION I: The sum of $12,560,500 is hereby removed from appropriations listed in Ordinance No. 102, Series 2014 as authorized within the Fiscal Year 2014-2015 Operating Budget:
Transfer from:
Metro Council ($625,700)
Office of Internal Audit (47,600)
Louisville Metro Police Department (2,210,500)
Louisville Fire (128,300)
Emergency Medical Services (889,400)
Emergency Management Agency/MetroSafe (381,900)
Department of Corrections (1,640,700)
Criminal Justice Commission (54,700)
Public Works & Assets (183,900)
Codes & Regulations (516,900)
Public Health & Wellness (971,500)
Parks & Recreation (499,400)
Economic Development (1,535,100)
Office of Management & Budget (2,549,600)
Office of Performance Improvement (15,200)
Human Resources (239,200)
Jefferson County Attorney (70,900)
($12,560,500)
SECTION II: In accordance with Ordinance No. 102, Series 2014, Part III, Section 2, the following interdepartmental General Fund budgetary transfer is authorized: $1,025,900 from Louisville Metro Police Department. The following departments are recipients of the following related transfers: $106,900 to Youth Detention Services, $176,000 to Community Services, $329,900 to Louisville Free Public Library, and $413,100 to Develop Louisville.
SECTION III: The sum of $165,610.59 is hereby transferred from the Special Revenue Fund to the General Fund related to the following amounts:
A. $7,106.00 from Metro Animal Services
B. $156,410.94 from Emergency Management Agency/MetroSafe
C. $66.85 from Louisville Metro Police Department
D. $1,013.40 from Economic Development
E. $1,013.40 from Develop Louisville
SECTION IV: The sum of $2,121,309.93 is hereby transferred from the General Fund to the Special Revenue Fund related to the following amounts:
A. $3,108.19 to Economic Development
B. $1,710,446.75 to Public Works & Assets
C. $263.594.85 to Parks & Recreation
D. $40,017.31 to Emergency Management Agency/MetroSafe
E. $3,702.72 to Louisville Metro Police Department
F. $31.99 to Office of Management & Budget
G. $48,588.88 to Codes & Regulations
H. $25,528.02 to Department of Corrections
I. $22,312.22 to Community Services
J. $3,979.00 to Metro Animal Services
SECTION V: The sum of $1,656,100 is hereby transferred from the General Fund to the Information Technology Data Processing Equipment Fund for the purposes specified in Ordinance 102, Series 2014, Part I, Section H.,2.,b.
SECTION VI: The sum of $6,070,300 is hereby appropriated to the Office of Management & Budget for the purposes of a debt service payment to the Louisville Water Company for the Promissory Note authorized by Ordinance 20, Series 2011. Sum shall not be paid before February 10, 2016.
SECTION VII: The sum of $3,000,000 $2,500,000 is hereby transferred from the General Fund to the Risk Management Fund related to judgment claims and the sum of $500,000 shall be carried forward into the FY16 Metro Council operating budget for purposes to be designated by Metro Council.
SECTION VIII: The sum of $166,941.00 is hereby transferred from the General Fund to the Municipal Road Aid Fund to address an operating deficit in this fund in Fiscal Year 2014-2015.
SECTION ix: The sum of $8,911.99 is hereby appropriated from the Capital Cumulative Reserve Fund as it relates to the combination of interest and surplus property sales in excess of the appropriated funding level:
A. Actual earned interest of $138,910.99 in Fiscal Year 2014-2015 relative to the budgeted interest of $130,000, creating a surplus of $8,910.99
B. Actual surplus property sales of $1.00 in Fiscal Year 2014-2015 relative to the budgeted sales of $0, creating a surplus of $1.00
C. An appropriation of $8,911.99 is hereby made for Metro-owned facilities where insurance recoveries are insufficient to pay for the full cost of repair.
SECTION X: The Metro Council has determined that the funds requested in this Ordinance will be expended for a public purpose.
SECTION XI: This Ordinance shall take effect upon its passage and approval.
|
_______________________________ H. Stephen Ott Metro Council Clerk |
_____________________________ David W. Tandy President of the Council |
|
_______________________________ Greg Fischer Mayor |
_____________________________ Approval Date |
APPROVED AS TO FORM AND LEGALITY:
Michael J. O’Connell
Jefferson County Attorney
BY: ____________________________
O-416-15 2014-15 Year End Budget Transfers AS AMENDED ROC dab draft1 121415.docx