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Page 1 of 5 Ogden City Council Meeting: March 21, 2017 FY2017 BUDGET AMENDMENT ($2,658,543) – Revenues General Fund – Various Grants, Fund, Balance, Combined Road Funds ($931,812) CIP Fund - Road Funds ($180,000) Sanitary Sewer Fund – Retained Earnings ($1,000,000) Airport Fund – Carry Forward ($6,950) BDO Fund - Retained Earnings ($115,000) Miscellaneous Grants – ($234,781) Major Grants – Carryover ($190,000) --Appropriations General Fund – Road Projects, Public Defender Costs, Energy Audit, Other Misc. (931,812) CIP Fund – Harrison Project, Park Improvements, Streets, Grant Promenade, Trails ($180,000) Sanitary Sewer – 27th St./Gramercy Sanitary Sewer Upgrades ($1,000,000) Airport Fund – Runway Maintenance ($6,950) BDO Fund – Transfer to General Fund ($115,000 Storm Sewer – Reallocating Funds to Accelerate Master Plan Projects ($1,723,388) Miscellaneous Grants – Various Police Projects, Real Time Crime Center ($234,781) Major Grants – Repayment of Defaulted BIC Loan ($190,000) Action: Adopt or Not Adopt Ordinance Executive Summary The Council will consider an Ordinance that authorizes budget amendments totaling $2,658,543. The budget amendment recognizes General Fund revenue from various local, state and federal grants, fund balance, and state road funds. These funds are proposed for appropriation to various projects in the General Fund, including public defender costs, a citywide energy audit, and sanitary and storm sewer projects. Other major fund appropriations include road projects, sanitary sewer projects, storm water master plan projects, various public safety operational costs and repayment of a BIC loan guaranteed by the City. ---PAGE BREAK--- Page 2 of 5 Ogden City Council Meeting: March 21, 2017 Background During the fiscal year, the Council entertains requests for budget adjustments to allow for the following: 1. Entering grant or other special purpose revenues into the budget prior to expenditure. 2. Making mid-course corrections to avoid budget overruns. 3. Forwarding encumbrances from the previous fiscal year. 4. Other items dealing with special circumstances or opportunities. The Uniform Fiscal Procedures Act for Utah Cities requires that a public hearing be held on all budget adjustments where the budget of one or more funds is increased. (Utah Code Ann. §10-6-127.) Notice of the public hearing must be given seven days prior to the hearing. (Utah Code Ann. §10-6-113.) For year-end adjustments, the hearing must be held before June 30. February 8, 2017 The Council Office received an Administrative Transmittal requesting a budget amendment totaling $2,658,543. The Council Office also received an Administrative Transmittal providing additional information about the sanitary sewer project at 27th and Grammercy and outlining the need for emergency funds. February 28, 2017 The Council held a work session to review the proposed budget amendment. The Council also set a public hearing on the proposed Ordinance for March 21, 2017. Proposal The proposal is to amend the FY2017 budget to provide for additional revenues in the amount of $2,658,543 not previously anticipated and to appropriate the additional funds for various expenditures. A summary of the Revenues and Appropriations is shown below: ---PAGE BREAK--- Page 3 of 5 Ogden City Council Meeting: March 21, 2017 ---PAGE BREAK--- Page 4 of 5 Ogden City Council Meeting: March 21, 2017 ---PAGE BREAK--- Page 5 of 5 Ogden City Council Meeting: March 21, 2017 CS Note: Please see the separate Administrative Transmittal regarding the 27th and Grammercy sanitary sewer project which outlines the need for the emergency funds and provides additional information about the project. Question Please review the proposed budget amendment. Council Staff Contact: Janene Eller-Smith, (801)629-8165 Notes Major Grants Community and Economic Dev. 190,000 $ Repayment of Guaranteed Loan Sub-Total 190,000 $ TOTAL 2,658,543 $ Summary of Appropriations (Cont.) ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- 2017-8 ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK--- ---PAGE BREAK---