HomeMy WebLinkAboutR-2017-023 Amending 2016-2017 Budget RESOLUTION NO. R-2017- 023
A RESOLUTION AMENDING THE FISCAL YEAR 2016-2017 BUDGET FOR THE DEBT
SERVICE FUND, AND THE CAPITAL IMPROVEMENT FUND OF THE CITY OF RIVERSIDE,
MISSOURI
WHEREAS, the Board of Aldermen find it is in the best interest of the citizens of the City
of Riverside to authorize and approve amendments to the Fiscal Year 2016-2017 Budget
authorized by Resolution R-2016-022 as set forth herein;
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE
CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS:
THAT the Annual Budget for the Levee Repayment Fund for Fiscal Year 2016-2017
shall be amended to increase the amount in such fund to $7,429,000.00 as set forth in Exhibit 1
attached hereto and incorporated herein;
FURTHER THAT the Annual Budget for the Capital Improvement Fund for Fiscal Year
2016-2017 shall be amended to increase the amount in such fund to $4,978,000.00 as set forth
in Exhibit 1 attached hereto and incorporated herein; and
PASSED AND ADOPTED by the Board of Aldermen and APPROVED by the Mayor of the
City of Riverside, Missouri, the SNA day of MaA, 2017.
K ithleen L. Rose, Mayor
. .
ATTEST;
A A
Robin Kincaid, Cn Clerk
o a
Budget Amendment 2016-17 Budget
Capital Community Capital Equip Debt Service Tourism Tax Total
General Fund Improvement Fund Develop.Fund Fund Fund Fund All Funds
06/30/17 Balance(Est) 6,211,501 2,467,102 387,514 257,722 5,499,528 448,587 15,271,954
Permits&Licenses 95,500 - - - - - 95,500
Fees Fines&Forfeitures 261,500 - - - - - 261,500
Taxes 2,449,450 - - - - 220,000 2,669,450
Investment Income 35,000 400 - - 30,000 - 65,400
Real Estate Income 4,300,000 - - 4,300,000
Miscellaneous 105,737 - - 105,737
TIF Revenue - - 101,500 6,754,000 6,855,500
Reimb.from Other Entities 23,000 23,000
Sale of Land Proceeds - - 200,000 200,000
Missouri Gaming Commission 6,400.000 - - - - - 6,400,000
Subtotal 13,647,187 23,400 101,500 - 6,984,000 220,000 20,976,087
Transfers From Other Funds 300,000 2,000,000 - 300.000 - - 2,600,000
Total Revenue 13,947,187 2,023,400 101,500 300,000 6,984,000 220,000 23,576,087
Available Funds 20,158,688 4,490,502 489,014 557,722 12,483,528 668,587 38,848,041
Budget Amendment
Total Adopted Revenues 20,158,688 4,490,502 489,014 557.722 12.483.528 668,587 38,848,041
Developer Contribution l ;tl { 1,200,000
Horizons Industrial VI Land Sale 440,000 440,000
Total Revenues&Transfers 20,158,688 5,690,502 489,014 557,722 12,923,528 668,587 40,488,041
Budget Amendment 2016-17 Budget
Capital Community Capital Equip Debt Service Tourism Tax Total
General Fund Improvement Fund Develop.Fund Fund Fund Fund All Funds
Expenditures
Administration 1,559,590 - 117,400 150,000 1,826,990
Human Resources 140,000 140,000
Municipal Court 199,246 - - - 199,246
PS Administration 500,111 - - - - 500,111
Police Services 2,286,700 - - 85,000 - - 2,371,700
Operations Support 645,195 - - - - 645,195
Fire 1,748,207 - - 58,000 - - 1,806,207
Public Works 1,281,747 - 100,000 - - 1,381,747
Capital Projects 224,316 - - - - - 224,316
Building Maintenance 334,500 - - - - - 334,500
Parks 422,600 - - - - - 422,600
Community Center 418,490 - - - - - 418,490
Community Development 503,726 - - - - - 503,726
Capital Project Expenditures - 3,778,000 - - - - 3,778,000
Debt Service - - - - 6,689,000 - 6,689,000
Total Expenditures 10,264,428 3,778,000 - 360,400 6,689,000 150,000 21,241,828
Transfers To Other Funds 2,300,000 - - - 300,000 2,600,000
Total Expenditures&Transfers 12,564,428 3,778,000 - 360,400 6,989,000 150,000 23,841,828
Budget Amendment
Total Adopted Budget 12,564,428 3,778.000 - 360,400 6.989.000 150.000 23,841,828
Horizons Industrial IV 1,200,000 440,000 1,640,000
Total Additional Expenditures - 1,200,000 - - 440,000 - 1,640,000
Total Expenditures&Transfers 12,564,428 4,978,000 - 360,400 7,429,000 150,000 25,481,828
Land Sale for Horizons Industrial IV.Pay Down of Debt and Infrastructure