File #: BILL NO. 17-110    Name:
Type: Ordinance Status: Passed
File created: 5/12/2017 In control: City Council - Regular Session
On agenda: 6/1/2017 Final action: 6/1/2017
Title: AN ORDINANCE APPROVING, ADOPTING AND APPROPRIATING THE BUDGET OF THE CITY OF LEE'S SUMMIT, MISSOURI, FOR THE FISCAL YEAR ENDING JUNE 30, 2018.
Attachments: 1. Ordinance, 2. FY18 Pay Plan (Exhibit A), 3. FY18 City Managers Budget Message, 4. FY18 CM Budget Message Presentation, 5. FY18 Department Budget Summaries
Related files: SUBSTITUTE BILL NO. 18-20, BILL NO. 17-201, BILL NO. 17-249, BILL NO. 17-244, BILL NO. 17-263, BILL NO. 18-26

Title

AN ORDINANCE APPROVING, ADOPTING AND APPROPRIATING THE BUDGET OF THE CITY OF LEE'S SUMMIT, MISSOURI, FOR THE FISCAL YEAR ENDING JUNE 30, 2018.

 

Body

Issue/Request:

AN ORDINANCE APPROVING, ADOPTING AND APPROPRIATING THE BUDGET OF THE CITY OF LEE'S SUMMIT, MISSOURI, FOR THE FISCAL YEAR ENDING JUNE 30, 2018.

 

Key Issues:

The City Manager's Budget proposes a total appropriation of $217,538,780 for all funds for the fiscal year beginning July 1, 2018 (FY2018).  The total includes the expenditure budgets within the following funds;

 

•                     GENERAL FUND                                          $67,190,459

•                     SPECIAL REVENUE FUNDS                     $13,366,470

•                     DEBT SERVICE FUNDS                                          $11,244,005

•                     CAPITAL PROJECT FUNDS                     $56,091,029

•                     ENTERPRISE FUNDS                                          $55,986,791

•                     INTERNAL SERVICE FUNDS                     $13,660,025

 

The City Manager will present the key highlights and discuss the revenues and expenditures for these funds.

 

Proposed City Council Motion:

FIRST MOTION:  I move for second reading of AN ORDINANCE APPROVING, ADOPTING AND APPROPRIATING THE BUDGET OF THE CITY OF LEE'S SUMMIT, MISSOURI, FOR THE FISCAL YEAR ENDING JUNE 30, 2018.

 

SECOND MOTION:  I move for adoption of AN ORDINANCE APPROVING, ADOPTING AND APPROPRIATING THE BUDGET OF THE CITY OF LEE'S SUMMIT, MISSOURI, FOR THE FISCAL YEAR ENDING JUNE 30, 2018.

 

Background:

The City Manager presented the proposed FY2018 budget to the Finance and Budget Committee on April 24, 2017. The Committee recommended the budget to the City Council on May 8, 2017. The City Council directed staff to prepare an Ordinance adopting the FY18 Budget on May 18, 2017.

 

Presenter

Presenter: Stephen Arbo, City Manager