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2018-1506 RESOLUTION NO. 2018-1506 A RESOLUTION AUTHORIZING A 2017 GENERAL FUND BUDGET REALLOCATION APPROPRIATION FOR VARIOUS EXPENDITURE CATEGORIES WHEREAS, pursuant to Section 3.08.010 of the Code of General Ordinances of the City of Janesville, and in accordance with Section 65.90 of the Wisconsin Statutes, the City Manager submitted to the Common Council a budget containing an estimate of City and Library revenues and expenditures for the fiscal year ending December 31, 2017; and WHEREAS, the Common Council has reviewed said estimates, proposed budget, held public hearing(s) thereon, and adopted the 2017 budget on December 1, 2016; and WHEREAS, the City's 2017 budget for the expenditure categories of Public Safety; Parks and Recreation; and Other will exceed budget appropriations; and WHEREAS, the City realized savings in other expenditure categories to cover these overages; and WHEREAS, the Common Council finds that it is in the best interest of the City to reallocate funding for such activities; and WHEREAS, Council Policy Statement No. 58 requires the Common Council's approval to amend the current year's budget to provide funding when the adopted program appropriation does not contain sufficient funds; and WHEREAS, it is within the authority of the Common Council, pursuant to Section 65.90(5)(a) of the Wisconsin Statutes to authorize and direct such appropriations. NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Janesville that all of the above recitals are incorporated herein by reference as if fully set forth verbatim; that pursuant to Section 65.90 (5)(a) of the Wisconsin Statutes, the Common Council of the City of Janesville hereby authorize and direct that a reallocation appropriation for the various purposes specified in said amended City Budget for the purposes therein stated, the following amounts: 1 2017 General Fund Revenues Non-Property Tax Revenues $ 15,782,244.00 Undesignated Funds Applied-General Fund $ 1,486,757.00 Total Non-Property Tax Revenues: $ 17,269,001.00 General Fund Operating Expenditures General Government $ 3,420,820.00 Public Safety $ 25,631,132.00 Public Works $ 6,089,725.00 Parks and Recreation $ 2,877,975.00 Community Development $ 489,247.00 Other $ 968,641.00 Total General Fund Operations $ 39,477,540.00 General City Debt Service $ 8,149,635.00 Total General Fund Expenditures $ 47,627,175.00 Tax Levy without TIF $ 30,358,174.00 TIF Levy $ 1,365,248.00 Total Levy for General Fund $ 31,723,422.00 ADOPTED: February 12, 2018 Motion by: Williams Second by: Gruber APPROVED: Councilmember Aye Nay Pass Absent Conley Farrell X Mark A . reitag, City Manager Gruber X Jorgensen X ATT•.. . Marklein X 141101PrA/ Williams X ,,c4rALAILVAPre7 Wolfe X favid T. Godek, City Clerk-Treasurer APPROVED AS TO FORM: Wald Klimczyk, City Attorney Proposed by: Finance Office Prepared by: Finance Office 2