ORDINANCE NO. _____, SERIES 2022
TITLE
AN ORDINANCE AUTHORIZING YEAR-END OPERATING BUDGET TRANSFERS BETWEEN VARIOUS AGENCIES FOR FISCAL YEAR 2021-2022 AND TO PROVIDE VARIOUS TRANSFERS AS DETAILED HEREIN (AMENDMENT BY SUBSTITUTION).
BODY
SPONSORED BY: COUNCIL MEMBERS BILL HOLLANDER AND 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 2021-2022 Operating Budget:
SECTION II: The sum of $5,316.60 is hereby appropriated to the Office of Management for the purpose of reconciling a general fund balance sheet entry in Fiscal Year 2021-2022.
SECTION III: The sum of $581,744.66 is hereby authorized from the Capital Cumulative Reserve Fund as it relates to interest and surplus property sales in excess of the appropriated funding level for Fiscal Year 2021-2022:
A. Actual earned interest of $34,793.66 in Fiscal Year 2021-2022 relative to the budgeted interest of $100,000, creating a deficit of $65,206.34.
B. Actual surplus property sales of $646,951 in Fiscal Year 2021-2022 relative to the budgeted sales of $0, creating a surplus of $646,951.
C. The net surplus after this adjustment is $581,744.66.
SECTION IV: Part I. Revenues and Funding Sources, of Ordinance 083, Series 2022 is hereby amended as follows:
SECTION V: Part I. E. Chief of Community Building, of Ordinance 083, Series 2022 is hereby amended as follows:
1. PARKS & RECREATION
a. General Operations
General Fund 20,743,000 20,887,000
Agency and Other Receipts 5,943,400
Total - Parks & Recreation 26,686,400 26,830,400
b. Included in E.1.a. above is $100,000 for Parks for All Implementation, $24,000 for a national search for a Parks Director and $20,000 to pursue state funding for proposed regional aquatic center(s).
SECTION VI: Part I. F. Chief of Louisville Forward, of Ordinance 083, Series 2022 is hereby amended as follows:
2. DEVELOP LOUISVILLE
a. General Operations
General Fund 14,115,800 19,115,800
Agency and Other Receipts 22,011,300
Total - Develop Louisville 36,127,100 41,127,100
SECTION VII: Part I. Revenues and Funding Sources, of Ordinance 084, Series 2022 is hereby amended as follows:
SECTION VIII: Part I., Chief of Community Building, J. Parks & Recreation, of Ordinance No. 084, Series 2022, is hereby amended as follows:
Number Project Title Fund Amount
Cherokee Park Pavilion
Shoring/Demolition CCRF 100,000
Number Project Title Fund Amount
Parks & Golf Lawn Maintenance
Equipment CCRF 1,735,700
$1,735,700 allocated shall be used to purchase new lawn maintenance equipment for Parks properties, including golf courses. A report showing equipment purchased shall be given to the Parks & Sustainability chair by June 30, 2023.
Number Project Title Fund Amount
Windsor Park CCRF 300,000
Number Project Title Fund Amount
Norton/Camp Taylor CCRF 200,000
SECTION IX: Part I., Chief Financial Officer, R. Office of Management & Budget, of Ordinance No. 084, Series 2022, is hereby amended as follows:
Number Project Title Fund Amount
U of L Health - Mary & Elizabeth
Hospital Birthing Center CCRF 8,250,000
This appropriation is contingent on the execution of a mutually acceptable grant agreement, which shall include a provision requiring proof of matching funds by the recipient. The agreement shall also provide for repayment of the funds by the recipient on a sliding scale if the birthing center is closed within 10 years of commencing operations; full repayment will be required if operations cease in less than 5 years, and shall decrease pro rata annually, with no repayment required if the birthing center remains operational for 10 years or more.
SECTION X: The sum of $12,470,300 is hereby committed to be used for future operating and capital needs upon further specific action by the Metro Council.
SECTION XI: The Metro Council has determined that the funds requested in this Ordinance will be expended for a public purpose.
SECTION XII: This Ordinance shall take effect upon its passage and approval or otherwise becoming law.
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_______________________________ Sonya Harward Metro Council Clerk |
_____________________________ David James President of the Council |
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_______________________________ Greg Fischer Mayor |
_____________________________ Approval Date |
APPROVED AS TO FORM AND LEGALITY:
Michael J. O’Connell
Jefferson County Attorney
BY: _______________________________
O-338-22 v.2 FY22 Year End Adjusting Ordinance 11-21-22 (omb-hh)