HomeMy WebLinkAboutR-2021-015 Amending Fiscal Year 2020-2021 Budget for the Capital Equipment Fund RESOLUTION NO. R-2021-015
A RESOLUTION AMENDING THE FISCAL YEAR 2020-2021 BUDGET FOR THE CAPITAL
EQUIPMENT 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 2020-2021 Budget
authorized by Resolution R-2020-040 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 Capital Equipment Fund for Fiscal Year 2020-2021
shall be amended to increase the amount of expenditures in such funds to $366,668.00, 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 2nd day of February 2021.
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Kat een L. Rose, Mayor
ATTEST:
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Robin Kincaid,tity Clerk
EXHIBIT 1
FF2021 Operating and Capital Budget
Capital (ommunily, Capital Equip. Debt Service Tourism Tax Total
General Fund Improvement Fund Develop,Fund Fund Fund Fund All Funds
06/30/20 Balance(Est) S 17,060,037 $ 1,396,807 S 2,637,340 S 451,993 S 3,498,632 S 691,366 S 25,736,175
Permits&Licenses 95,300 - - - - - 95,300
Fees Fines&Forfeitures 240,500 - 240,500
Taxes 2,778,897 - - - 150,000 2,928,897
Interest on Accounts 350,000 400 10,000 60,000 420,400
Miscellaneous 187,117 - - - - 187,117
TIF Revenue - - 109,500 8,026,940 8,136,440
Reimb.from Other Entities 605,000 605,000
Sale of Land Proceeds 200,000 - 650,000 - 850,000
Real Estate Income 3,800,000 3,800,000
Missouri Gaming Commission 5,610,000 - - 5,610,000
Subtotal 13,261,814 605,400 769,500 8,086,940 150,000 22,873,654
Transfers From Other Funds 4,500,000 8,000,000 1,500 400,000 12,901,500
Total Revenue 17,761,814 8,605,400 771,000 400,000 8,086,940 150,000 35,775,154
Available Funds S 34,821,852 S 10,002,207 S 3,408,340 S 851,993 S 11,585,572 S 841,366 $ 61,511,330
Expenditures
Elected Officials 58,519 - - - - 58,519
Administration 1,615,470 50,000 150,000 1,815,470
Human Resources 160,000 - 160,000
Municipal Court 236,344 236,344
PS Administration 532,384 - 532,384
Police Services 2,991,997 115,000 31106,997
Operations Support 739,308 - 739,308
Fire 2,098,238 75,050 2,173,288
Public Works 1,372,364 34,200 1,406,564
Engneering 293,850 293,850
Building Maintenance 362,500 362,500
Parks 393,000 393,000
Community Center 548,158 548,158
Community Development 556,026 - - 556,026
Capital Project Expenditures - 8,609,000 2,000,000 - 10,609,000
Debt Service 4,913,974 4,913,974
Total Expenditures S 11,958,157 S 8,609,000 S 2,000,000 S 274,250 S 4,913,974 S 150,000 S 27,905,381
Transfers To Other Funds 8,401,500 4,500,000 12,901,500
Total Expenditures&Transfers 20,359,657 8,609,000 2,000,000 274,250 9,413,974 150,000 40,806,881
Budget Amendment
1 Police Vehicles and Equipment 82,418
2 IT Computer Equipment 10,000
Total Amended Expenditures 20,359,657 8,609,000 2,000,000 366,668 9,413,974 150,000 40,899,299
06/30/21 Fund Balance S 14,462,194 $ 1,393,207 S 1,408,340 S 485,325 S 2,171,598 S 691,366 S 20,612,030
1 Police replacement vehicles for damaged/totaled interceptors
2020 Ford Explorer Interceptor S 35,459.00 Resolution NO.R-2019-114
2021 Ford Utility Interceptor 35,459.00 Resolution NO.R-2020-035
Vehicle Equipment and Graphics 11,500.00 Resolution NO.R-2020-035
2 IT remote access/computer equipment
Computer Equipment 10,000.00
Total Budget Amendment $ 92,418.00
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