HomeMy WebLinkAboutR-2025-166 Amend 2025-2026 BudgetRESOLUTION NO. R-2025-166
A RESOLUTION AMENDING THE FISCAL YEAR 2025-2026 ANNUAL BUDGET FOR
THE CITY OF RIVERSIDE, MISSOURI
WHEREAS, the Board of Aldermen adopted a fiscal year budget that begins on
July 1, 2025 and ends on June 30 , 2026 ; and
WHEREAS, expenditures beyond those anticipated in the Public Safety Sales
Tax Fund for equipment expenditures will be incurred for the 2026 FIFA World Cup and
Live Nation amphitheater; and
WHEREAS, the Finance Director, in consultation with city staff, the City
Administrator, and the Mayor and Board of Aldermen, have prepared a proposed
amendment for Fiscal Year 2025-2026 and submitted it to the Board of Aldermen, in
accordance with Chapter 67 of the Missouri Revised Statutes; and
WHEREAS, the Board of Aldermen has studied , examined, and discussed the
proposed budget in public meetings and amended the proposed budget with such
revisions, alterations , increases or decreases as the Board deems advisable; and
WHEREAS, the total expenditures from the various funds in the proposed
budget, as amended by the Board of Aldermen, do not exceed the estimated revenues
to be received plus any unencumbered balances, as required by Chapter 67 of the
Missouri Revised Statutes; and
WHEREAS, the Board of Aldermen find it is in the best interest of the citizens of
the City of Riverside to amend the Fiscal Year 2025-2026 Budget attached hereto and
made a part hereof by reference.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN FOR THE
CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS:
THAT the Annual Budget for the Fiscal Year 2025-2026 is hereby approved and
amended authorizing and appropriating expenditures and transfers in the amount of
$85,432 ,493 as set forth in Exhibits 1-3 attached hereto and incorporated herein .
FURTHER THAT said budget includes the following information:
a. A budget message, describing the important features of the budget and major
changes from the preceding year; and
b. Estimated revenues to be received from all sources for the budget year , with
a comparative statement of actual or estimated revenues for the two years
next preceding, itemized by year, fund, and source; and
c . Proposed expenditures for each department, office , commission, and other
classification for the budget year, together with a comparative statement of
actual or estimated expenditures for the two years next preceding , itemized
by year, fund, activity, and object; and
RESOLUTION NO. R-2025-166
d. The amount required for the payment of interest, amortization, and
redemption charges on the debt of the political subdivision; and
e. A general budget summary.
PASSED AND ADOPTED by the Board of Aldermen of the City of Riverside,
Missouri the 18th day of November 2025.
Mayor Kathleen L. Rose
ATTEST:
Melissa McChesney, City Clerk
FY 2026 Budget Amendment #2
FY 2026
Transfers FY 2026
Cost Center Account Number Description Adopted Budget Expense Change
(ln)/Out Amended
* Budget
*(Total for the account number)
Public Safety Sales Tax Fund
Police -Equipment 31-221-000-65000 Equipment, Utility Vehicles, Contingency $ 44,000 $ 269,990 $ 313,990
Police -Fleet Replacement 31-221-000-60000 Four Vehicles $ 192,000 $ 240,010 $ 432,010
Total Expense Change $ 510,000
I Total Budget Change $ 510,000
Live Nation and WC2026 FIFA Equipment Needs
Vehicle Request Enterprise Shawnee Mission Ford
Qty Per Unit Total Per Unit Total
2026 Ford Explorer Police SUV Base Price 0 $ 47,094 $ $ 43,383 $
2026 Ford Explorer Police SUV with Vehicle Options 4 $ 53,995 $ 215,980 $ 47,631 $ 190,524
2026 Ford F-150 Responder 0 $ 49,994 $ -$ 46,197 $
2026 Ford F-150 Responder with Vehicle Options 1 $ 54,194 $ 54,194 $ 49,486 $ 49,486
Vehicle Request Cost $ 270,174 $ 240,010
Equipment Request Qty Per Unit Total
Police Emergency Equipment and Install -911 Custom 5 $ 16,500 $ 82,500
Radar Units -Stalker Radar -Single Source Provider 5 $ 2,481 $ 12,405
Vehicle Graphics -Everlasting Sign 5 $ 500 $ 2,500
Computer and Cradlepoint -City Purchase through IT 5 $ 7,000 $ 35,000
Rifle, Supressor, Red Dot, Sling, Light, Magazines 5 $ 3,500 $ 17,500
Less Lethal Shotgun, sling, light -Mossburg 5 $ 1,200 $ 6,000
Motorola In-Car Video System M-500 5 $ 4,900 $ 24,500
Stop Sticks 5 $ 500 $ 2,500
Equipment Request Total $ 36,581 $ 182,905
Utility Vehicle Request Qty Per Unit Total
2026 Polaris Ranger Crew XPlO00 Northstar Edition Premium 2 $ 32,600 $ 65,200
Whelen UVT Emergency Equipment 2 $ 6,000 $ 12,000
Utility Vehicle Request Total $ 38,600 $ 77,200
Contingency $ 9,885
Request Total $ 510,000
Total (Enterprise price is for vehicle only, add'l lease costs are not included) Enterprise
My request is for $600,000 to include incidentals and buy from Ford direct.
Fiscal Vear 2026 Operating and Capital Budget
Capital Community Capital Horizons
Improvement Development Equipment TIF Service Public Safety Tourism Tax Special Infra .
General Fund Fund Fund Fund Fund Sales Tax Fund Fund FPAL Fund Fund Other Funds Total All Funds
6/30/25 Balance (Est) $ 35,768,833 $ 765,074 $ 156,3 88 $ 377,835 $ 655,998 $ 1,484,525 $ 790,026 $ 121,357 $ $ 93,066 $ 40,213,101
Revenues
Permits & Licenses $ 187,900 $ 187,900
Fees, Fines & Forfeitures $ 194,000 $ 194,000
Taxes $ 4,592,500 $ 1,000,000 $ 180,000 $ 5,772,500
Investment Income $ 950,000 $ 170,000 $ 1,120,000
Misc. Revenue $ 216,665 $ 216,665
Assigned Income $ 100,000 $ 8,127,872 $ 182,000 $ 7,050,000 $ 50,150 $ 8,453,970 $ 85,500 $ 24,049,492
Missouri Gaming $ 5,550,000 $ 5,550,000
Real Estate Income $ 4,200,000 $ 4,200,000
Soccer Lease/ Ch. 100 $ 723,189 $ 723,189
Sale of Land Proceeds $ 1,500,000 $ 1,500,000
Sale of Assets/ Equipment $ 30,000 $ 10,000 $ 30,000 $ 70,000
Subtotal $ 18,244,254 $ 8,137,872 $ 182,000 $ 30,000 $ 7,220,000 $ 1,000,000 $ 180,000 $ 50,150 $ 8,453,970 $ 85,500 $ 43,583,746
Transfers From Other Funds $ 5,000,000 $ 16,760,000 $ 2,775,000 $ 435,000 $ $ $ $ $ $ $ 24,970,000
Total Revenue $ 23,244,2S4 $ 24,897,872 $ 2,957,000 $ 465,000 $ 7,220,000 $ 1,000,000 $ 180,000 $ 50,150 $ 8,453,970 $ 85,500 $ 68,553,746
Available Funds $ 59,013,087 $ 25,662,946 $ 3,113,388 $ 842,835 $ 7,875,998 $ 2,484,525 $ 970,026 $ 171,507 $ 8,453,970 $ 178,566 $ 108,766,848
Expenditures
Elected Official s $ 96,115 $ 96,115
Administration $ 2,346,661 $ 24,800 $ 8,000 $ 2,379,461
Human Resources $ 150,700 $ 150,700
Municipa l Court $ 247,538 $ 247,538
Police Admin $ 538,367 $ 538,3 67
Police Operations $ 4,522,779 $ 67,500 $ 100,000 $ 4,690,279
Police Dispatch $ 1,254,568 $ 1,254,568
Fire $ 3,458,814 $ 3,458,814
Public Works $ 1,900,006 $ 767,000 $ 2,667,006
Engineering $ 466,478 $ 9,000 $ 475,478
Build ing Maintenance $ 396 ,100 $ 396,100
Park s $ 369,200 $ 369,200
Community Center $ 592,132 $ 20,000 $ 612,132
Community Development $ 861,035 $ 3,075,000 $ 17,430 $ 2,100,000 $ 385,000 $ 6,438,465
Capita l Project Expenditures $ 25,662,500 $ 2,571,800 $ 8,453,970 $ 36,688,270
Debt Service $ -
Subtota l $ 17,200,493 $ 25 ,662,500 $ 3,075,000 $ 838,230 $ 2,108,000 $ 2,571,800 $ 385,000 $ 67,500 $ 8,453,970 $ 100,000 $ 60,462,493
Transfers To Other Funds $ 19,970,000 $ $ $ -$ 5,000,000 $ $ $ $ $ $ 24,970,000
Total Expenditures & Transfers $ 37,170,493 $ 25,662,500 $ 3,075,000 $ 838,230 $ 7,108,000 $ 2,571,800 $ 385,000 $ 67,500 $ 8,453,970 $ 100,000 $ 85,432,493
6/30/26 Fund Balance $ 21,842,594 $ 446 $ 38,388 $ 4,605 $ 767,998 $ (87,275) $ 585,026 $ 104,007 $ -$ 78,566 $ 23,334,354
Ye llow -A m endment Lines I Amendm ent 112 Summary
Budget After Am end ment 11 1 $ 84,922,493
Amen dmen t 112 $ 510,000
$ 8 5,432,493