ORDINANCE NO. _____, SERIES 2021
TITLE
AN ORDINANCE AUTHORIZING YEAR-END OPERATING BUDGET TRANSFERS BETWEEN VARIOUS AGENCIES FOR FISCAL YEAR 2020-2021 AND TO PROVIDE VARIOUS TRANSFERS AS DETAILED HEREIN AND APPROVING A THIRD ROUND OF THE AMERICAN RESCUE PLAN (“ARP”) LOCAL FISCAL RECOVERY FUNDING TO VARIOUS LOUISVILLE METRO GOVERNMENT DEPARTMENTS TO ADDRESS THE CONTINUED IMPACT OF COVID-19 ON THE ECONOMY, PUBLIC HEALTH, STATE AND LOCAL GOVERNMENTS, INDIVIDUALS, AND BUSINESSES (AMENDMENT BY SUBSTITUTION).
BODY
SPONSORED BY: COUNCIL MEMBERS HOLLANDER, HOLTON STEWART,
FOWLER, WINKLER, AND FOX
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 2020-2021 Operating Budget:
SECTION II: The sum of $18,819.70 is hereby appropriated to the Office of Management for the purpose of reconciling a general fund balance sheet entry in Fiscal Year 2020-2021.
SECTION III: The sum of $150,550.57 is hereby transferred from the General Fund to the Special Revenue Fund related to the following amounts:
A. $.04 to Public Works & Assets
B. $150,550.53 to Office of Resilience & Community Services
SECTION IV: The sum of $186,831.86 is hereby authorized from the Capital Cumulative Reserve Fund as it relates to interest in excess of the appropriated funding level for Fiscal Year 2020-2021:
A. Actual earned interest of $256,831.86 in Fiscal Year 2020-2021 relative to the budgeted interest of $70,000, creating a surplus of $186,831.86.
SECTION V: Part I. Revenues and Funding Sources, of Ordinance 087, Series 2021 is hereby amended as follows:
SECTION VI: Part I. F. Chiefs of Louisville Forward, of Ordinance 087, Series 2021 is hereby amended as follows:
1. ECONOMIC DEVELOPMENT
a. General Operations
General Fund 13,084,900 14,584,900
Agency and Other Receipts 8,142,000
Total - Economic Development 21,226,900 22,726,900
e. Included in Section VI. above is $1,500,000 to leverage a Build Back Better Regional Challenge federal grant in the amount of $50,000,000. Should the grant not materialize, these funds shall be appropriated to the Office of Management & Budget to address salary and wage issues throughout Louisville Metro Government as noted in Section VII below.
SECTION VII: Part I. G. Chief Financial Officer, of Ordinance 087, Series 2021 is hereby amended as follows:
1. OFFICE OF MANAGEMENT & BUDGET
a. General Operations
General Fund 51,626,100 64,181,600
Agency and Other Receipts 9,820,700
Subtotal - General Operations 61,446,800 74,002,300
e. Debt Service Projects
General Fund 486,500
Total - OMB 61,933,300 74,488,800
f. Included in Section VII. above is $12,555,500 to be specifically utilized to address salary and wage issues throughout Louisville Metro Government as outlined by the Department of Human Resources and the Office of Management & Budget and upon review and approval by the Louisville Metro Council.
SECTION VIII: Part I. D. Chief of Public Safety/Services, of Ordinance 087, Series 2021 is hereby amended as follows:
3. DEPARTMENT OF CORRECTIONS
a. General Operations
(1) General Fund 54,974,300 55,046,300
(2) Agency and Other Receipts 2,353,500
Total - Department of Corrections 57,327,800 57,399,800
h. Included in Section VIII. above is $72,000 to be specifically utilized to establish a Canine division which would include two animals, training, travel, and two handlers for six months in Fiscal Year 2021-2022.
SECTION IX: Part I. F. Chiefs of Louisville Forward, of Ordinance 087, Series 2021 is hereby amended as follows:
2. DEVELOP LOUISVILLE
a. General Operations
(1) General Fund 14,047,300 14,219,800
(2) General Fund Carryforward 3,000
(3) Agency and Other Receipts 4,338,200
Total - Develop Louisville 18,388,500 18,561,000
e. Included in Section IX. above is $172,500 to additional staff and related equipment to help ensure compliance with approved development plans and binding elements in Fiscal Year 2021-2022.
SECTION X: Part I. Revenues and Funding Sources, of Ordinance 088, Series 2021 is hereby amended as follows:
SECTION XI: Part I., Chief of Public Safety/Services, G. Facilities and Fleet Management, of Ordinance 088, Series 2021 is hereby amended as follows:
Number Project Title Fund Amount
18 Vehicles/Equipment for General Services
a. BOND 4,000,000
b. CCRF 5,700,000
a. c. The Director of Facilities and Fleet Management is requested to use all prior approved funding for projects 15-18 above before using the Fiscal Year 2021-2022 appropriation.
SECTION XII: ARP Funds shall be appropriated to the following departments as set forth in Schedule A attached hereto and are approved for Fiscal Year 2021-2022.
SECTION XIII: The Metro Council has determined that the funds requested in this Ordinance will be expended for a public purpose.
SECTION XIV: This Ordinance shall take effect upon its passage and approval or otherwise becoming law.
|
_______________________________ Sonya Harward 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-647-21 FY21 Year End Adjusting Ordinance v.2 - OMB-hh