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FY 2008 Second Budget AmendmentTHE CTTY OF DUB E Masterpiece on the Mississippi April 24, 2008 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Fiscal Year 2008 Second Budget Amendment Uuu~._ ~~~~ m 2007 Budget Director Jennifer Larson is recommending adoption of the Fiscal Year 2008 Second Budget Amendment. The amendment totals $1,576,387 in reduced appropriation authority and an increase in resources of $16,291,381. This budget amendment includes items, which have been authorized by City Council since the first amendment to the Fiscal Year 2008 budget was adopted in October 2007 and adjustments to reflect the amended Community Development Annual Plan. This amendment also reflects reappropriations of completed or canceled projects to fund increased operating and capital expenses. I concur with the recommendation and respectfully request Mayor and City Council approval. ~~' ,~t Michael C. Van Milligen MCVM/jml Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Jenny Larson, Budget Director Dubuque THE CITY QF ~u~ ~ ~~ ~ i Masterpiece on the Mississippi 2007 April 17, 2008 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Fiscal Year 2008 Second Budget Amendment Budget Director Jennifer Larson is recommending that a public hearing be set for May 5, 2008 on a second amendment to the Fiscal Year 2008 budget with amendment totals of $1,576,387 in reduced appropriation authority and an increase in resources of $16,291,381. This budget amendment includes items, which have been authorized by City Council since the first amendment to the Fiscal Year 2008 budget was adopted in October 2007 and adjustments to reflect the amended Community Development Annual Plan. This amendment also reflects reappropriations of completed or cancelled projects to fund increased operating and capital expenses. I concur with the recommendation and respectfully request Mayor and City Council approval. Michael C. Van Milligen MCVM/jml Attachments cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Jenny Larson, Budget Director April 3, 2008 TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Budget Director ~1~ SUBJECT: Fiscal Year 2008 Second Budget Amendment The purpose of this memorandum is to present a summary of the action items approved by City Council throughout the year subject to a future budget amendment and to set the public hearing date for the formal budget amendment process as required by Section 384.16 of the Code of Iowa. This budget amendment includes items, which have been authorized by City Council since the first amendment to the Fiscal Year 2008 budget was adopted in October 2007 and adjustments to reflect the amended Community Development Annual Plan. This amendment also reflects reappropriations of completed or canceled projects to fund increased operating and capital expenses. Interfund transfers of $23,612,876 are also included. The amendment totals $1,576,387 in reduced appropriation authority and an increase in resources of $16,291,381. Additional revenues added in this amendment with offsetting appropriations are: • GO Bond Proceeds ($11,721,208) for Port of Dubuque Public Parking Ramp, • Diamond Jo Private Contribution ($4,665,000) for Port of Dubuque Public Parking Ramp, • Department of Housing and Urban Development Lead Paint Grant ($497,128) for FY08 Lead Paint Abatement expenditures, • Preserve America Grant ($150,000) for Mines of Spain exhibit, • Friends of the Mines of Spain Private Contribution ($150,000) for Mines of Spain exhibit, and • AmeriCorps Grant ($87,078) for AmeriCorps FY08 program expenditures. Revenues that were reduced in this amendment with offsetting reductions in appropriations and reappropriated in the Fiscal Year 2009 Five Year CIP are: • Surface Transportation Program Funding (-$4,772,243) for the Southwest Arterial, • State Highway Assistance (-$1,125,000) for the Southwest Arterial, • Federal Transportation Administration Capital Grant (-$980,000) for the Intermodal Facility, • GO Bond Proceeds (-$4,488,031) forthe Bee Branch Creek Restoration Project, and • State Revolving Loan Funds (-$1,245,410) for the Bee Branch Creek Restoration Project. Through the FY 2009 budget process, items were identified to be amended in FY 2008. Through this amendment, an additional $100,000 is added from Airport Revenue Guarantee to Airport Promotion expense for additional advertising of the new airline. This amendment also cancels multiple capital projects to fund the Fiscal Year 2009-2013 capital budget. The FY 2008 capital projects totaling $1,636,922 canceled include: Port of Dubuque Property Acquisition ($300,000); Construction of Parking Lot ($71,591); Riverfront Leasehold Improvements ($112,985); Eagle Point Bluff Tree Removal ($182,046); Eagle Point Park Open Air Pavilion ($38,500); Flora Park Landscape Entrances ($12,300); McAleece Construct Shade Umbrella ($13,500); Veterans' Construct Shade Umbrella ($22,000); Hawthorne Warning Flashers ($120,000); US 20 Intersection Improvements Project ($275,000), City Hall Roof and Tuckpointing ($389,000); and Ice Harbor Maintenance/Dredging ($100,000). The Fiscal Year 2008 Snow and Ice Control budget was depleted and the following operating and capital items totaling $661,952 were canceled and will be rebudgeted: Hawthorne Fence/Landscaping ($28,315); Asphalt Paver ($317,650); Heavy Equipment Replacement ($20,000); Saw ($17,000); Compressor ($14,000); Mowing Tractor ($75,000); Curb Replacement Program ($25,000); Curb Ramp Program ($25,000); Concrete Section Repair ($30,000); Traffic Control Battery Pack ($55,367); and Steps, Railings, and Fencing ($54,620). In addition, two Fiscal Year 2009 capital projects totaling $430,503 will be prespent and rebudgeted: Old Garage Roof Repairs ($239,735); and Old Garage Wall Repairs ($190,768). The City Council approved the addition of 3 Police Officers and a Section 8 Investigator. This amendment adds the appropriation for these positions ($63,500). The action step is for City Council to adopt the attached resolution setting the public hearing date for the formal budget amendment process as required by State law. The attached resolution authorizes the City Clerk to publish notification for a public hearing to be held May 5, 2008. Attachments JML RESOLUTION NO. -08 SETTING THE DATE FOR THE PUBLIC HEARING ON AMENDMENT NO. 2 TO THE FISCAL YEAR 2008 BUDGET FOR THE CITY OF DUBUQUE Whereas, Iowa Code Section 384.16 provides that the City Council shall set a time and place for a public hearing on amendments to the budget and publish notice before the hearing as provided in Iowa Code Section 362.3. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the City Council shall conduct a public hearing on proposed Amendment No. 2 to the Fiscal Year 2008 budget for the City of Dubuque at the City Council Chambers at the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, on Monday, May 5, 2008, beginning at 6:30 p.m. Section 2. That the City Clerk be and is hereby authorized and directed to publish notice of the public hearing, according to law, together with the required budget information. Passed, approved and adopted this 21St day of April 2008. Roy D. Buol Mayor Attest: Jeanne F. Schneider City Clerk ~J F' F z W A W Q 0 0 N a w a U W O a N c 0 .~ C a k w 7 O Q U_ 1>~+' .> u ¢ 'O C 7 w v 00 o e o c o ~ ~ o `mad pp ~ C ~ d O a ~" W d e a A e d R a A C ~ ~ = L :' 'n a o a cn ° R s ~ '$ c ,G .r a ao ~, c ~ Rio. c o 0 0 0 0 0 0 0 0 o a y .a ~ .~ ~ ~ .~ ~ ,ia R is is m m id ie 0. y a c a 0.., ~ or. o a a s ,~ a a a a ~ i-~ L 'C 'F. 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' ~ d ~ Q ~~ . ~ O d '~ ''7 Qp ~bA Q Q Q y O D ~ ~ ~ ~ ~ ~ ~ ~ 3 w w V ~ as 33 3 c (d a Nov-04 NOTICE OF PUBLIC HEARING Form 653.C7 AMENDMENT OF CURRENT CITY BUDGET The City Council of DUBUQUE in DUBUQUE will meet at City Council Chambers at the Historic Federal Building at 6:30 on 05/05/2008 (nou ~ (t)areJ ,for the purpose of amending the current budget of the city for the fiscal year ending June 30, 2008 mean by changing estimates of revenue and expenditure appropriations in the following functions for the reasons given. Additional detail is available at the city clerk's office showing revenues and expenditures by fund type and by activity. Total Budget as certified or last amended Current Amendment Total Budget after Current Amendment Revenues 8r Other Financina Sources Taxes Levied on Property 1 18,006,072 18,006,072 Less: Uncollectted Property Taxes-Levy Year 2 0 Net Current Property Taxes 3 18,006,072 0 18,006,072 Delinquent Property Taxes 4 0 0 TIF Revenues 5 4,357,984 4,357,984 Other City Taxes 6 11,222,621 11,222,621 Licenses & Permits 7 3,354,041 3,354,041 Use of Money and Property s 17,862,548 0 17,862,548 Intergovernmental 9 42,634,367 -5,611,656 37,022,711 Charges for Services 10 24,228,348 0 24,228,348 Special Assessments 11 1,382,627 0 1,382,627 Miscellaneous 12 8,638,659 4,877,636 13,516,295 Other Financing Sources 13 57,276,623 40,638,277 97,914,900 Total Revenues and Other Sources 1a 188,963,890 39,904,257 228,868,147 Expenditures & Other Financina Uses Public safety 15 21,347,953 ... 195,242 . 21,543,195 Public Works 16 11,352,393 2,125,452 13,477,845 Health and Social Services 17 965,472 -3,500 961,972 Culture and Recreation 18 8,502,032 0 8,502,032 Community and Economic Development 19 8,753,920 676,560 9,430,480 General Govemment 20 6,023,426 25,127 6,048,553 Debt Service 21 3,107,249 0 3,107,249 Capital Projects 22 64,079,957 3,493,173 67,573,130 Total Govemment Activities Expenditures 23 124,132,402 6,512,054 130,644,456 Business Type/Enterprises 24 59,438,357 -8,088,441 51,349,916 Total Gov Activities 8 Business Expenditures 25 183,570,759 -1,576,387 181,994,372 Transfers Out 26 40,540,931 23,612,876 64,153,807 Total Expenditures/TransfersOut 27 224,111,690 22,036,489 246,148,179 Excess Revenues & Other Sources Over (Under) ExpenditureslTransfers Out Fiscal Year 28 -35,147,800 17,867,768 -17,280,032 Continuing Appropriation 29 0 NIA 0 Beginning Fund Balance July 1 30 17,988,807 17,9$$,$07 Ending Fund Balance June 30 31 -17,158,993 17,867,768 708,775 Explanation of increases or decreases in revenue estimates, appropriations, or available cash This amendment adds additional revenue from grants received, private funding, bond proceeds, and the appropriation to spend the monies. Adjustments to reflect the amended Community Development Annual Plan budget are included along with savings from completed or cancelled projects and available cash balance is used to fund increased operations and capital projects. There will be no increase in tax levies to be paid in the current fiscal year named above. Any increase in expenditures set out above will be met from the increased non-property tax revenues and cash balances not budgeted or considered in this current budget. This will provide for a balanced budget. City Clerk! Finance Officer Name 31-288 CITY BUDGET AMENDMENT AND CERTIFICATION RESOLUTION To the Auditor of DUBUQUE County, Iowa: The City Council of DUBUQUE in said County/Counties met on 05/05/2008 ,at the place and hour set in the notice, a copy of which accompanies this certificate and is certified as to publication. Upon taking up the proposed amendment, it was considered and taxpayers were heard for and against the amendment. The Council, after hearing all taxpayers wishing to be heard and considering the statements made by them, gave final consideration to the proposed amendment(s) to the budget and modifications proposed at the hearing, if any. thereupon, the following resolution was introduced. RESOLUTION No. 159-08 A RESOLUTION AMENDING THE CURRENT BUDGET FOR THE FISCAL YEAR ENDING JUNE : 2008 (AS AMENDED LAST ON I O/ 0 1/ 0 7 •) Be it Resolved by the Council of the City of DUBUQUE Section 1. Following notice published 4 / 2 3 / 0 8 and the public hearing held, 05/05/2008 the current budget (as previously amended) is amended as set out herein and in the detail by fund type and activity that supports this resolution which was considered at that hearing: Total Budget as certified or last amended Current Amendment Total Budget after Current Amendment Revenues 8 Other Financin Sources 9 ~ ~ ~ ~ ~ Taxes Levied on Property 1 18,006,072 ~ ~ ~ ~ ~ ~ ~ ~ ~ 0 ~ ~ 18,006,072 Less: Uncollectted Property Taxes-Levy Year 2 0 0 0 Net Current Property Taxes 3 18,006,072 0 18,006,072 Delinquent Property Taxes 4 0 0 0 TIF Revenues 5 4,357,984 0 4,357,984 Other City Taxes 6 11,222,621 0 11,222,621 Licenses s Permits 7 3,354,041 0 3,354,041 Use of Money and Property 8 17,862,548 0 17,862,548 Intergovernmental 9 42,634,367 -5,611,656 37,022,711 Charges for Services 10 24,228,348 0 24,228,348 Special Assessments 11 1, 382,627 0 1,382,627 Miscellaneous 12 8,638,659 4,877,636 13,516,295 Other Financing Sources 13 57,276,623 40,638,277 97,914,900 Total Revenues and Other Sources 14 188,963,890 39,904,257 228,868,147 Ex n i e d tures & Other Financin Uses P 9 ~ ~ ~ ~ ~ Public Safety 15 ~ ~ ~ 21,347,953 ~ 195,242 ~ 21 ,543,195 Public Works 16 11,352,393 2,125,452 13,477,845 Health and Social Services 17 965,472 -3,500 961,972 Culture and Recreation 18 8,502,032 0 8,502,032 Community and Economic Development 19 8,753,920 676,560 9,430,480 General Government 20 6,023,426 25,127 6,048,553 Debt Service 21 3,107,249 0 3,107,249 Capital Projects 22 64,079,957 3,493,173 67,573,130 Total Government Activities Expenditures 23 124,132,402 6,512,054 130,644,456 Business Type/Enterprises 24 59,438,357 -8,088,441 51,349,916 Total GovACtivities 8 Business Expenditures 25 183,570,759 -1,576,387 181,994,372 TrensfersOut 26 40,540,931 23,612,876 64,153,807 Total Expenditures/Transfers Out 27 224,111,690 22,036,489 246,148,179 Excess Revenues 8 Other Sources Over (Under) Expenditures/Transfers Out Fiscal Year 28 ~~ -35,147,800 ~ ~ 17,867,768 -17,280,032 Continuing Appropriation 29 0 N/A 0 Beginning Fund Balance July ~ 30 17,988,807 0 17,988,807 Ending Fund Balance June 30 31 -17,158,993 17,867,768 708,775 Passed this 5th day of May, 2008 ~~ ~ ( ) (MontlWear) ~ ~~~~~? // VI. Signature Signature Roy D. Buol City Clerk/Finance Officer Mayor Jeanne F. Schneider NOTICE OF PUBLIC HEARING AMENDMENT OF CURRENT CITY BUDGET Form 653.C1 The City Council of DUBUQUE in DUBUQUE County, Iowa will meet at City Council Chambers at the Historic Federal Building at 6:30 on osiosnooe (hour) (Date) ,for the purpose of amending the current budget of the city for the fiscal year ending June 30, 2008 (year) by changing estimates of revenue and expenditure appropriations in the following programs for the reasons given. Additional detail is available at the city clerk's office showing revenues and expenditures by fund type and by activity. Total Budget as certified or last amended Current Amendment Total Budget after Current Amendment Revenues 8 Other Financing Sources Taxes Levied on Property 1 18,006,072 0 18,006,072 less: Uncollectted Property Taxes-Levy Year 2 D 0 0 Net Current Property Taxes 3 18,006,072 0 18,006,072 Delinquent Property Taxes 4 0 0 0 TIF Revenues 5 4,357,984 0 4,357,984 Other City Taxes 6 11,222,621 D 11,222,621 Licenses & Permits 7 3,354,041 0 3,354,041 Use of Money and Property 8 17,862,546 0 17,862,548 Intergovernmental 9 42,634,367 -5,611,656 37,022,711 Charges for Services 10 24,228,348 0 24,228,348 Special Assessments 11 1,382,627 0 1,382,627 Miscellaneous 12 8,638,659 4,677,636 13,516,295 Other Financing Sources 13 57,276,623 40,638,277 97,914,900 o a evenues an er ources Expenditures & Other Financing Uses Public Safety 15 21,347,953 195,242 21,543,195 Public Works 16 11,352,393 2,125,452 13,477,845 Health and Social Services 17 965,472 -3,500 961,972 Culture and Recreation 18 8,502,032 0 8,502,032 Community and Economic Development 19 8,753,920 676,560 9,430,480 General Government 20 6,023,426 25,127 6,048,553 Debt Service 21 3,107,249 0 3,107,249 Capital Projects 22 64,079,957 3,493,173 67,573,130 o a overnmen c rvi ies xpen i ures Business Type/ Enterprises 24 o a ov c rvi ies usmess xpen i ures 59,438,357 183,570,759 -8,088,441 -1,576,387 51,349,916 181,994,372 Transfers ul 26 40,540,931 23,612,876 64,153,807 Total ExpenditureslTransfers Out 27 224,111,690 22,036,489 246,148,179 Excess Revenues & OtherSources Over (Under)Expenditures/Transfere0utforFiscal Year 28 -35,147,800 17,667,768 -17,280,032 Continuing Appropriation 29 0 N/A 0 Beginning Fund Balance July 1 30 17,988,807 0 17,988,807 Ending Fund Balance June 30 31 -17,158,993 17,867,768 708,775 Explanation of increases or decreases in revenue estimates, appropriations, or available cash This amendment adds additional revenue from grants received, private funding, bond proceeds, and the appropriation to spend the monies. Adjustments to reflect the amended Community Development Annual Plan budget are included along with savings from completed or cancelled projects and available cash balance is used to fund increased operations and capital projects. There will be no increase in tax levies to be paid in the current fiscal year named above. Any increase in expenditures set out above will be met from the increased non-property tax revenues and cash balances not budgeted or considered in this current budget. This will provide for a balanced budget. City Clerk ~} ~ ~ 1I ~ ~ .. C" THE CITY OF DUB E Masterpiece on the Mississippi April 17, 2008 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Fiscal Year 2008 Second Budget Amendment 1 I *~~**I .'~.® 2007 Budget Director Jennifer Larson is recommending that a public hearing be set for May 5, 2008 on a second amendment to the Fiscal Year 2008 budget with amendment totals of $1,576,387 in reduced appropriation authority and an increase in resources of $16,291,381. This budget amendment includes items, which have been authorized by City Council since the first amendment to the Fiscal Year 2008 budget was adopted in October 2007 and adjustments to reflect the amended Community Development Annual Plan. This amendment also reflects reappropriations of completed or cancelled projects to fund increased operating and capital expenses. I concur with the recommendation and respectfully request Mayor and City Council approval. Michael C. Van Milligen MCVM/jml Attachments cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Jenny Larson, Budget Director