| | | | | | | | | City of Independence | | AGENDA ITEM COVER SHEET |
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| | | | | | | | Agenda Title:
21-033 - 1R. An ordinance adopting the Annual Operating and Capital Budgets of the City of Independence, Missouri, for the fiscal year July 1, 2021 - June 30, 2022, estimating the revenues for said fiscal year; appropriating sums for the purposes stated in said Budget, establishing operating transfers, designating fund balance allocations, establishing the authorized table of organization, and designating those who may make a requisition for encumbrances against appropriations. |
| | | | | | | | Recommendations:
Staff recommends approval of the ordinance. |
| | | | | | | | Executive Summary:
In accordance with Section 8.2 of the City Charter, the City Manager's Proposed Budget for the 2021-2022 fiscal year was submitted to the Mayor and City Council on May 10th, 2021. An official public hearing was conducted on May 17th, 2021. Since that time, a survey has been conducted to receive feedback from the public. The total budget appropriation for all funds is $336,821,316. |
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Fiscal Impact:
The fiscal impact of this ordinance is to establish appropriations for the various funds for FY 2021-22.
The following adjustments have been made from the original submitted budget to the current proposed budget.
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Original Proposed Budget
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336,803,612
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Proposed Budget - EXPENDITURES
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Department
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Impact
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Increased CIP Project - Athletic Court Renovations
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Parks|Rec|Tourism
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6,000
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Moved Street Light Usage Budget $295,000 from General Fund contingency to Municipal Services
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Municipal Services
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-
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Moved Health Inspector salary, benefits, and operating expenditures from General Fund to Health and Animal Levy Fund 005 ($346,104), increased benefits for one employee
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Health & Animal Services
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1,200
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Adjusted General Fund Contingency
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General Fund
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11,104
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Staywell - reduced benefits by one FTE
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Staywell Fund
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(600)
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Revised Budget Total
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336,821,316
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Net Change (Increase)
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17,704
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Original Proposed Budget
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324,055,642
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Proposed Budget - REVENUES
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Department
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Impact
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Moved Health Dept Inspector Revenues from GF to Health & Animal Levy Fund (005) ($335,000)
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Health & Animal Services
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-
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Increased Health Inspector budgeted revenues
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Health & Animal Services
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31,432
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Decreased Penalty Revenues in Sanitary Sewer
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Sanitary Sewer
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(100,000)
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Adjusted sales tax revenues
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Street Improvements Sales Tax (011)
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220,995
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Adjusted sales tax revenues
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Park Improvements Sales Tax (012)
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44,314
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Adjusted sales tax revenues
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Storm Water Sales Tax (013)
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110,496
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Adjusted sales tax revenues
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Police Public Safety Sales Tax (016)
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225,234
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Adjusted sales tax revenues
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Fire Public Safety Sales Tax (017)
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185,286
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Revised Budget Total
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324,773,398
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Net Change (Increase)
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717,756
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| | | | | | | | | Department: CMO | Contact Person: Zach Walker |
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| REVIEWERS: | | Department | Action | | Finance Department | Approved | | Finance Department | Approved | | City Managers Office | Approved | | City Clerk Department | Approved |
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| Council Action: | Council Action: |
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