Minutes 04/24/2007 - Laserfiche WebLink

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April 24. 2007 Financial Impact: . The sums of $29,899,097 in the Capital Improvement Fund and $16,727,000 in the Public Utilities Capital Improvement Fund is appropriated for expenditures in the following categories and amounts: o Capital Improvement Fund: · Drainage and Street Improvements · Education · Industrial and Economic Developments · Leisure Services · Municipal Facilities o Total Capital Improvement Fund o Public Utilities Capital Improvement Fund $ 6,049,628 $ 6,161,469 $ 10,350,000 $ 880,000 $ 6,458,000 $ 29,899,097 $ 16,727,000 Staff Recommends: Adoption of proposed ordinance. Vision Principles: Bold New Directions, World Class Maritime Center, Thriving Neighborhoods and a Sense of Community, A Robust and Prospering Economy, Lifelong Learning Community, and Pride of Past Promise of Future. Next Steps Following Council Action: . The City Manager has ultimate responsibility and authority for the implementation of the Capital Improvement Program. The Chief Financial Officer has day-to-day responsibility for ensuring the CIP is spent as appropriated by City Council. Motion by Ms. Psi mas, and seconded by Mr. Heretick, to adopt the following ordinance, and was adopted by the following vote: "ORDINANCE TO APPROPRIATE $29,899,097 IN THE CAPITAL IMPROVEMENT FUND AND $16,727,000 IN THE PUBLIC UTILITIES CAPITAL IMPROVEMENT FUND." Ayes: Heretick, Moody, Psi mas, Randall, D. Smith, R. Smith, Holley Nays: None 07 - 197 - Adoption of four proposed ordinances to amend and increase the FY 2006- 2007 Operating Budget and Capital Improvement Program (CIP) through supplemental appropriation. Vision Principle: A Robust and Prospering Economy. (1) Adoption of an ordinance appropriating $8,118,123 in the FY 2006-2007 General Fund Operating Budget for various additional operating expenditures, including operating transfers to the Social Services and Comprehensive Services Funds, with funding to be provided from additional revenue collections. (2) An ordinance appropriating 1,809,406 in the FY 2006-2007 Social Services Fund Operating Budget for eligibility and service administration and other program expenditures with funding to be provided by an operating transfer from the General Fund. (3) An ordinance appropriating $996,610 in the FY 2006-2007 Comprehensive Services Fund Operating Budget for therapeutic foster care, special education, Medicaid, and other prevention program expenditures with funding to be provided by an operating transfer from the General Fund. (4) An ordinance appropriating $455,000 in the FY 2006-2007 Capital Projects Fund Budget within the CIP for additional First College educational capital project expenditures with funding to be provided by interest earnings on educational bond sale proceed investments.