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RESOLUTION NUMBER [ A RESOLUTION FIXING THE ANNUAL APPROPRIATIONS FOR THE CITY OF MISSOULA, MONTANA, AS SET FORTH IN THE FISCAL YEAR 2011 BUDGET AND CAPITAL IMPROVEMENT PROGRAM IN THE AMOUNT OF $ 120,366,526. WHEREAS, the City Council of Missoula has deliberated on the Fiscal Year 2011 Budget and held various public hearings for public comment. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Missoula, Montana: SECTION I That the total annual appropriations, transfers out and projected year end fund balances for the City of Missoula, Montana for Fiscal Year 2011 is hereby fixed at $120,366,526 (see Attachment A for detail). The breakdown of the funds and local property taxes required are as follows: Budgeted Expenditures $ 95,992,892 Inter-fund Transfers Out 12,960,287 Projected End-of-year Cash Balance 11,413,348 Budget Revenue Estimates: Beginning-of-year Fund Balance 21,513,184 Non-tax Revenues 61,932,936 Inter-fund Transfers In 12,960,287 Sub-total Non-Tax Funds Available 96,406,407 Property Tax Requirements $ 23.960,119 SECTION II That annual appropriations and transfers out for various departments of the City of Missoula, Montana for the Fiscal Year 2011 will be controlled and monitored for budgetary compliance at the fund level. . SECTION III Generally accepted accounting principles (GAAP) require expenditures to be recognized in the fiscal year in which the goods or services are received. Previous fiscal year appropriations for incomplete improvements in progress of construction, or segments thereof entered into under contract or purchase order by the City, are hereby declared authorized appropriations provided they meet the following criteria: a. related financing was provided in the prior fiscal year; b. the appropriations were not obligated by year end; c. the purpose was not included, or rejected, in current budget financing or appropriations; and, SECTION IV ---PAGE BREAK--- $100,000 of the $410,745 of growth tax revenue to the general fund will be used to provide additional General Fund support for all Street Maintenance ($60,000) work activities and Park Maintenance ($40,000) activities, with the remaining $310,745 to the city’s year-end fund balance. The work plan for City of Missoula Park District Number 1 is amended to add the following goal: In FY 11, enhance the city’s urban forestry program by directing $10,000 of the annual assessment to planting new trees and $30,000 of the annual assessment for proactive pruning and/or emergency/risk management work including pruning, removals, potential grant matching. The work plan for City of Missoula Road District Number 1 is amended to add the following goal: In FY11, allocate $60,000 of the annual assessment to mitigate costs associated with owner- occupied residential sidewalk, curb, and gutter installation and/or repair when such improvements are ordered in by the City. Within three months of adoption of the Fiscal Year 2011 budget, the City Administration shall present to Council for approval a plan that includes alternatives for utilizing Road District assessments on sidewalk, curb, and gutter installations. Total assessments for Park and Road districts remain the same as in the mayor’s proposed FY11 budget which was $300,000 for Road District 1 and $200,000 for Park District 1. However, the work plans for the districts will allocate $40,000 in Park District 1 for new urban forestry projects and $60,000 in Road District 1 for curb, gutter, and sidewalk installation. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Missoula, Montana shall adopt the Capital Improvement Program for Fiscal Years 2011-2015. BE IT FURTHER RESOLVED that this resolution amends, supersedes and replaces City Council Resolution number 7541. PASSED AND ADOPTED this13th day of September, 2010. ATTEST: APPROVED: Martha L. Rehbein John Engen City Clerk Mayor (SEAL)