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RESOLUTION NUMBER A RESOLUTION OF THE MISSOULA CITY COUNCIL APPROVING THE PRELIMINARY ANNUAL APPROPRIATIONS AND THE CAPITAL IMPROVEMENT PROGRAM FOR THE CITY OF MISSOULA, MONTANA, AS SET FORTH IN THE PRELIMINARY FISCAL YEAR 2010 BUDGET. WHEREAS, pursuant to State law, the Finance Officer under the direction of the Mayor shall prepare a preliminary budget and the Mayor and Finance Officer of the City of Missoula submits a Preliminary Fiscal Year 2010 Budget (Attachment 1) for the City of Missoula to the Missoula City Council for consideration and adoption; and WHEREAS, as a result of the statutory time delay whereby a municipal budget is not statutorily adopted until several weeks after the fiscal year commences it is important that the Missoula City Council authorizes the Mayor of the City of Missoula to incur expenditures for items outlined in Section IV prior to the adoption of the Final Fiscal Year 2010 Budget and that the city continue to operate at a baseline level such that employees and baseline operating costs are paid until the final budget is approved once taxable value numbers are available and tax levies can be set by the council. NOW, THEREFORE, BE IT RESOLVED BY THE MISSOULA CITY COUNCIL: SECTION I That the total budgeted expenditures, transfers out and year end fund balance for the City of Missoula, Montana for Fiscal Year 2010 is hereby estimated at $125,660,366. The breakdown of the funds and estimated local property taxes required are as follows: Budgeted Expenditures 97,406,312 Inter-fund Transfers Out 12,786,690 Projected End-of-year Fund Balance 15,467,363 Total Funds Required $125,660,366 Beginning-of-year Fund Balance 25,278,433 Non-tax Revenues 64,678,687 Inter-fund Transfers In 12,786,690 Sub-total Non-Tax Funds Available $102,743,810 Estimated Property Tax Requirements $22,916,556 SECTION II That annual appropriations and transfers out for various departments of the City of Missoula, Montana for the Fiscal Year 2010 will be controlled and monitored for budgetary compliance at the fund level. SECTION III The fund balance greater than $2,800,000 shall be transferred to the City of Missoula Capital Revolving Fund in the FY 2010 budget to be earmarked as provided in section 7-6-4134 MCA, for replacement, improvement and acquisition of property, facilities or equipment. SECTION IV That the Missoula City Council authorizes the Mayor to incur the following expenditures recommended by the Mayor and authorized by the City Council of Missoula as deemed necessary prior to the adoption of the Final Fiscal Year 2010 Preliminary Budget: ---PAGE BREAK--- 1. Health Plan Changes recommended by the Administration for approval: a. Decrease health insurance premium contributions by the city for all full time employees by $100/per employee/per month. Required employee part time and retiree contributions will also be proportionately reduced. AND, BE IT FURTHER RESOLVED THAT the Missoula City Council adopts the Preliminary Fiscal Year 2010 Budget as an interim budget pending final budget adoption; AND, BE IT FURTHER RESOLVED THAT the Missoula City Council authorize the Mayor of the City Of Missoula the authority to incur expenditures as outlined in Section IV herein prior to the adoption of the Final Fiscal Year 2010 Budget; AND, BE IT FURTHER RESOLVED THAT the Missoula City Clerk is directed to enter this resolution into the minutes of the meeting at which this resolution was adopted. PASSED AND ADOPTED this day of June, 2009. ATTEST: APPROVED: Martha L. Rehbein John Engen City Clerk Mayor (SEAL)