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2004-10A/2005-01A Amending Budget - General Obligation BondsKODIAK ISLAND BOROUGH ORDINANCE NO. 2004 -10A Introduced by: Manager Carlson Requested by: Manager Carlson Drafted by: Finance Officer Introduced: 11/04/2004 Public Hearing: 11/18/2004 Adopted: 11/18/2004 AN ORDINANCE OF THE KODIAK ISLAND BOROUGH ASSEMBLY AMENDING ORDINANCE NO. 2004 -10 FISCAL YEAR 2005 BUDGET TO ESTABLISH A BUDGET FOR THE $9,300,000 GENERAL OBLIGATION BOND 2004 SERIES A AND THE $11,050,000 GENERAL OBLIGATION BOND SERIES B ISSUES AND RELATED PROJECTS FUNDED BY THESE BONDS WHEREAS, On July 21, 2004 the Borough sold the $9,300,000 General Obligation Bond Issue 2004 Series A and the Borough is anticipating selling the $11,050,000 General Obligation Bond Issue Series B on December 1, 2004; and WHEREAS, We need to budget for the proceeds of these bond issues and to budget for expenditure of the proceeds; and WHEREAS, The Borough needs to hire a project manager /inspector and a projects assistant to ensure the integrity of the new projects; and NOW, THEREFORE, BE IT ORDAINED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT: Section 1: This ordinance is not of a permanent nature and will not be codified. Section 2: The FY2005 Borough Budget will be amended per the attached worksheet. Section 3: The Borough Facilities Director can hire a projects manager /inspector (grad 20.5) and projects assistant (grade 12) to work on these bonded projects until project completion, estimated at 3 to 5 years. These positions will be in the Engineering /Facilities department and these salaries will be an expense of these projects. ATTEST: ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS EIGHTEENTH DAY OF NOVEMBER, 2004 L Judith A. Nielsen, c c, Borough Clerk Kodiak Island Borough, Alaska KODIAK ISLAND BOROUGH nn ome Selby, Borough Mayo Ordinance No. 2004 -10A Page 1 of 7 Ordinance 2004 - 10(a) Adopted As of Difference Budget Revised Budget 09/30/04 % Adjustments Budget Fund 100 GeneralFund Revenues: Property Tax 7,973 550 8,037,477 (63,927) 101% 7,973,550 Boat & Motor Vehicle Tax 198,520 8,188 190,332 4% 198,520 Payment in Lieu of Taxes 705000 705,000 0% 705,000 Severance Taxes 899,240 900 898,340 0% 899,240 Penalties & Int on tax 150,000 47,052 102,948 31% 150,000 Licenses and Permits 89,500 36,137 53,363 40% 89,500 Federal Shared Revenue 400,075 400,075 0% 400,075 Temporary Fiscal Relief - - Raw FishTax 755,000 716,676 38,324 95% 755,000 Raw Fish Tax - Offshore 50,000 50,000 0% 50,000 Other State Revenue 20,000 20,000 0% 20,000 Fines 800 250 550 31% 800 Interest Earnings 100,000 50,579 49,421 51% 100,000 Miscellaneous 36,200 20,471 15,729 57% 36,200 Use of Fund Balance 768,207 768;207 0% 768,207 Sale of Fixed Assets 5,000 5,000 0% 5,000 Transfer In - - Total 12,151,092 8,917,730 3,233,363 73% - 12,151,092 Expenditures: Borough Assembly 159,410 29,845 129,565 19% 159,410 Borough Manager 209,110 60,605 148,505 29% 209,110 Borough Clerk 330,102 74,361 255,741 23% 330,102 Borough Attorney 188,200 19,670 168,530 10% 188,200 Finance Department 639,870 135,105 504,765 21% 639,870 Management Information Services 231,865 116,168 115,697 50% 231,865 Assessing Department 320,560 60,704 259,856 19% 320,560 Engineering' Facilities Dept 92,220 15,955 76,265 17% 92,220 Community Development 539,084 117,625 421,459 22% 539,084 Building Official 132,230 (22,770) 155,000 -17% 132,230 Economic Development 113,840 32,250 81,590 28% 113,840 General Adninistmtion 259,870 51,996 207,874 20% 259,870 Emergency Preparedness 5,500 3,102 2,398 56% 5,500 School District Support 8,536,207 2,485,619 6,050,588 29% 8,536,207 Health and Sanitation 267,037 224,313 42,724 84% 267,037 Culture and Recreation 125,987 130,335 (4,348) 103% 125,987 Transfers Out - 0% - Total 12,151,092 3,534883 8,616,209 29% - 12,151,092 Fund 205 Child Care Assistance Program Revenue 79,750 11,062 68,688 14% 79,750 Expenditures 79,750 22,178 57,572 28% 79,750 Fund 210 Lund Sales Revenue 231,000 7,267 223,733 3% 231,000 Expenditures 231,000 8,221 222,779 4% 231,000 Fend 220 Buildings and Grounds Revenues Revenues 435,300 106,495 328,805 24% 435,300 Transfers in 300,970 300,970 100% 300,970 Total Revenues 736,270 407465 328,805 - 736,270 Expenditures Borough Building 263,800 50,987 212,813 19% 263,800 MHC Apartments 11,970 4,270 7,700 11,970 School Buildings 438,000 185,287 252,713 42% 438,000 Parka 22,500 1,387 21,113 6% 22,500 Total Expenditures 736,270 241,931 494,339 33% 736,270 Fond 230 Coastal Ma sgennent 25,65C 25,650 0a 25450 Expenditures- CMGRegular 25,650 8,748 16,902 34% 25,650 Kodiak Island Borough, Alaska Ordinance No. 2004 -10A Page2of7 Budget Ammendments FY05Ms05 -10a Adopted As of Difference Fund 234 L.F.P.C. Budget 09/30/04 Budget Revised Revenues %' Adjustments Budget LEPC E.O.P. Grunt 14,320 13,255 1,065 Revenues 17,937 2,673 15264 93% 14,320 32,257 15,928 16,329 17937 32,257 Expenditures Expenditures -LEPC Expenditures -FEMA gent 14,320 4,037 10,283'28% Total Expenditures 1]937 9 17,928 14,320 32,257 4,046 28,211 13% 1]'937 32,257 Ford 240 Womens Bay Road Service Revenues Revenu tuns 113,600 113,934 (334) 100% 113,600 6,212 107,388 5% 113,600 Fund 242 Service District No 1 Revenues Expenditures 202,400 154.390 48,010 76% 202,400 9,230 193,170 5% Fund 243 Service Area No. 2 Revenues Expenditures Fund 260 Woodland Acres Street Lights Revenues Expenditures Kodiak Island Borough, Budget Ammendments FY05.x1s05 -10a 8 Fund 263 Trinity Ades Paving Dist Revenues Expenditures 22,140 22,140 22,140 42 22,098 Ordinance 2004 - 10(a) 2 ( 0% Fund 252 Womens Bay Fire Deparhaent Revenues Expenditures 96,200 60,236 35,964 63% 96,200 26,598 69,602 28% Fund 254 1C113 A Fire District Revenues Expenditures 15,490 15,579 (89) 101% 15,490 29 15,461 0% 5,000 45 4,955 5,000 9 % 928 4,072 19% Fund 261 'Trinity Acres Lighting Dist Revenues Expenditures 10,860 3,721 7,139 34% 10,860 320 10,540 3% Fund 262 Mission Lake Tide Gate Revenues Expenditures 52,350 2,456 49,894 5% 52,350 642 51,708 I% Fund 275 Kodiak Arts Council Revenues Expenditures 56,910 15,626 41,284 27% 56,910 16,115 40,795 28% 0% Fund 244 Monaska Bay Road District Revenues Expenditures 43,500 24,067 19,433 55% 43,500 112 43,388 0% Fund 246 Bay View Road Service Area Revenues Expenditures 4,800 5,589 (789) 116% 4,800 9 4,791 0% 113,600 202400 202,400 43,500 43,500 4,800 Fund 250 Fire Protection Area No. 1 Revenues Expenditures 474 337,364 137,596 71% 474,960 44,848 430,112 9% 474,960 4,800 474,960 96,200 96,200 15,490 15,490 5,000 5,000 10,860 10,860 52,350 52,350 22,140 22,140 56,910 56,910 Ordinance No. 2004 -10A Page 3 of 7 Ordinance 2004 - 10(a) Adopted As of Difference Budget Revised Budget 09/30/04 % Adjustments Budget Fund 276 Facilities Fund Revenues 1,400,000 123,032 1,276,968 9% 1,400,000 Expenditures/Transfers Out: Budding Insurance Debt Service Capital Projects Fund 410 Capital Projects Fund 410 Contengencies Total Expenditures 300,970 300,970 550,368 550,368 548,662 1,400,000 851,338 - 100% - 100% 0% 61% 300,970 550,368 548,662 1,400,000 Fund 277 Tourism Development Revenues 45,000 2,954 42,046 7% 45,000 Expenditures 45,000 11,250 33,750 25% 45,000 Fund 290 Fen Fuller Trust Revenues 24,500 75,000 (50,500) 24,500 Expenditures 24,500 6,047 18,453 24,500 Fund 300 Debt Service Revenues 2,734,470 1,487,796 1,246,674 54% 2,734,470 Expenditures Expenditures - Schaal Debt 1,981,740 201,292 1,780,448 10% 1,981,740 Expenditures - Hospital Debt 745,970 116,978 628,992 16% 745,970 Expenditures - Karluk Loans 6,760 6,760 - 100% 6,760 Expenditures -Other Debt - - - Total Expenditures 2,734,470 325,030 2,409,440 12% 2,734,470 Kodiak Island Borough, Alaska Ordinance No. 2004 -10A 3 Page 4 of 7 Budget Ammendments FY05J4SOS -10a Capital Projects Fund 410 - Borough Capital Projects: Revenues: Interest Earnings Contributions far BMX track Miscellaneous Total Revenues Operating Transfers In: General Fund Bayside Fire Department Trinity Acres Paving Dist. Facilities Fund Total Operating Transfers In Total Revenues Projects: 85 Village Metals Removal 114 State Airport Improvements 130 East Elementary Doorways 146 BMX Bike Trail 173 Bayside classroom equipment 174 Bayside Storage Addition & Engine Bay 182 State Fair & Rodeo Water Project 00102 Bayside Underground Electrical 03105 Northatar School road/parking lot design 031061(115 emergency generator 03108 Borough Building additional parking 03109 Borough Building air handling penthouse 03110 Borough Building emergency generator 03111 Borough Building security doors 03120 WE Cour/Mien Revision Trinity Acres Paving Dist Other Projects Total Borough Projects Fund 420 -State Capital Grant Projects: Revenues: Interest Earnings Proceeds from bond 2004A Bond Issue Proceeds from bond 2004B Bond Issue Projects: Kodiak Middle School concrete repair Larsen Bay School floor repair Kodiak FBgh School asbestos & Boor covering District -wide floor covering replacement Evacuation Center earthquake evaluation Kodiak High School heating and ventilation East School heating and ventilation Kodiak ash School insulastion and windows Kodiak High School and Middle School roof repair Old Harbor Gym/Voc Ed renovation Ouzinkie Gym renovation Learning Center renovation . .W/M:'.ig7 ^'v.F»:>,:;c /ki404/ *> vJ.:>:• r: rv;;: gi: br;'•;..�.nf.;,;xk;; %:44Z:i444i i z Hiigh School Pool Reclainmtion New Swinning Pool Mgh School Voc edtclasaroomreclaimetion Contingencies Budget Ammendments FY05 ds05 -10a Adopted As of Budget 09/30/04 Ordinance 2004 - 10(a) Difference 209,080 209,080 0% 13,920 28,917 (14,997) 0% 223,000 28,917 194,083 Budget % Adjustments 55,000 55,000 100% 55,000 400,000 400,000 - 100% 400,000 - - 0% - 622,384 622,834 (450) 100% 622,384 1,077,384 1,077,834 (450) 100% 1,077,384 1,300,384 1,106,751 193,633 85% - 1,300,384 150,000 121,257 28,743 81% 11,000 60 10,940 1% 4,200 4,200 0% 68,920 49,278 19,642 72% 75,000 48,199 26,801 64% 400,000 3,020 396,980 1% 25,000 25,000 - 100% 22,000 22,000 0% 50,000 22,795 27,205 46% 50,000 50,000 0% 50,000 50,000 0% 10,000 10,000 0% 20,000 2,353 17,647 12% 8,000 8,000 0% 33,380 22,380 11,000 67% - 0% 322,884 322,884 0% 1,300,384 294,342 1,006,042 23% 21,970 9,302,760 (9,302,760) - 9,302,760 (9,280,791) 200,000 9302,760 11,050,000 20,552,760 237,918 339,883 304,704 728,708 500,000 250,000 520,000 596,020 523 ,504 2,251,315 1,858 ,255 1,182,336 0 650,000 6,210,000 4,190,000 210,117 20,553,760 Revised Budget 209,080 13,920 223,000 150,000 11,000 4,200 68,920 75,000 400,000 25,000 22,000 50,000 50,000 50,000 10,000 20,000 8,000 33,380 322,884 1,300,384 200,000 9,302,760 11,050,000 20,552,760 237,918 339,883 304,704 728,708 500,000 250,000 520,000 596,020 523,504 2,251,315 1,858,255 1,182336 k: 33 650,000 6,210,000 4,190,000 210,117 20552;76D Kodiak Island Borough, Alaska Ordinance No. 2004 -1 OA 4 Page 5 of 7 Ordinance 2004 - 10(a) Adopted As of Difference Budget Revised Budget 09/30/04 % Adjustments Budget Fund 430 - State Capital Grant Projects: Revenues: RIB Waste Management laplencntation 1,741,400 1741,400 0% 1,741,400 Anton Larsen Bay Boat Ramp 560,000 560,000 0% 560,000 School Repair - 0 % Tide Gate 252,574 252,574 0% 252,574 Chiniak Grant 20,000 20,000 0% 20,000 SILSGP Grant 20,000 20,000 0% 20,000 ADF&G, fish research 200,000 200,000 0% 200,000 Total Revenues 2,793,974 2,793,974 0% 2,793,974 Projects: 164 K1B Waste Manageoentlmplententation 1,741,400 1,741,400 0% 1,741,400 177 Anton Larsen Bay Boat Ramp 560,000 560,000 0% 560,000 00100 1Bgh School Repair FY00 126,770 126,770 0% 126,770 00104 Tide Gate 20,000 20,000 0% 20,000 02107 ADF &GResearch Study 200,000 200,000 0% 200,000 03116 School Repair 125,804 125,804 0% 125,804 03118 Chiniak Multi -use Grant 20,000 20,000 0% 20,000 04106SHSGP Grant - 0 % - Total Bxpenditures 2,793,974 - 2,793,974 0% - 2,793,974 Fund 490 Enterprise Funds Capital Projects Landfill Closeout/Leachate Treatment 3,000,000 3,000,000 0% 3,000,000 Hospital 740 000 - 740,000 0% 740,000 Total Revenues 3,740,000 - 3,740,000 3,740,000 165 landfill Closeout/Leachate Treatment 3,000,000 3,000,000 0% 3,000,000 03112 Hospital access and parking, Phase 1 & 11 700,000 700,000 0% 700,000 03113 Specialty Clinic roofrepa it /replacenrat 40,000 40,000 0% 40,000 Total Expenditures 3,740,000 3,740,000 0% 3,740,000 Kodiak Island Borough, Alaska Ordinance No. 2004 -10A Budget Amendments FY05.x1505 -10a 5 Page 6 of 7 Ordinance 2004 - 10(a) Adopted As of Difference Budget Revised Budget 09/30/04 % Adjustments Budget Fund 530 Solid Waste Collection/Disposal Revenues 2,210,300 Waste Collection 2,210300 513,160 1697,140 23% Waste Disposal 1,124,000 265,462 858,538 24% 1,124,000 Total Revenues 3,334,300 778,622 2,555,678 3,334,300 Expenditures 1,342,800 Waste Collection 1342,800 235,741 1,107,059 18% Waste Disposal 1,991,500 359,045 1,632,455 18% 1,991,500 Total Expenditures 3,334,300 594,786 2,739,514 18% 3,334,300 Fraud 540 Hospital Enterprise Fund Revenues: Interest Earnings Providence Hospital Lease 720,000 180,000 540,000 25% 720,000 Kodiak Island Health Care Foundation Gain on sale of assets Revenues fromHospital Operations Use of Retained Earnings 934,162 934,162 934,162 Total Revenues 1,654,162 180,000 1,474,162 11% 1,654,162 Expenditures and Transfers: Expenditures 1,654,162 300303 1353859 18% 1654,162 Total Expenditures 1,654,162 300,303 1,353,859 18% 1,654,162 Fund 555 - Kodiak Fisheries Research Center Revenues 2,010,429 447,268 1,563,161 22% 2,010,429 Expenditures Research Facility 1,988,829 146,453 1,842,376 7% 1,988 829 DonnPacOity 21,600 4,011 17,589 19% 21,600 2,010,429 150,464 1,859,965 7% 2,010,429 Fund 560 - Telephone 911 Service Revenues 69,000 69,000 0% 69,000 Expenditures 69,000 972 68,028 1% 69,000 Kodiak Island Borough, Alaska Ordinance No. 2004 -10A Budget Ammendments FY05.tds05 -10a 6 Page 7 of 7