AN ORDINANCE AMENDING THE CODE OF THE CITY OF …



Introduced by Council Members Boyer, Anderson, Love, Crescimbeni, Gulliford and Schellenberg and amended by the Transportation, Energy & Utilities Committee:

ORDINANCE 2015-308-E

AN ORDINANCE reconciling accounts and performing general financial cleanup in the amount of $595,460,672.08; APPROPRIATING $595,460,672.08 FROM VARIOUS SUBFUND ACCOUNTS AS FOLLOWS: Subfund 114 Fair Share Sector Transportation Improvements (Municipal Code Section 111.530); Subfund 1D9 Park Maintenance & Improvements; Subfund 31D 1996B Excise Tax Revenue Bonds; Subfund 31J 1995 Sunshine State Construction Bonds; Subfund 64P Balis Estate Trust Fund Subfund; 363 2004 Excise Tax Revenue Bonds (Autumn); Subfund 414 1998 excise tax revenue bonds – PARKING; Subfund 44F Solid Waste Pollution Remediation; Subfund 115 Gate Parkway Extension; Subfund 31O 2001B Excise Tax Revenue Bonds; Subfund 31P 2002 Guarantee Entitlement Construction Bonds; Subfund 331 Grant Capital Improvement Projects; Subfund 325 St. Andrews Church Renovation; Subfund 322 General Capital Projects; Subfund 321 River City Renaissance Pay-As-You-Go; Subfund 31L Capital Project Revenue Bond to pay Administrative Costs of Bond Issuance; Subfund 141 Streets & Highways 5 year Road Program; AFT001-01 Capital Projects – Subfund Level: Activity PW0001-01 Streets & Highways 5 year Road Program Subfund Level; Subfund 143 Local Option Gas Tax; Amending 2014-468-E (Banking fund) to de-authorize borrowing; PROVIDING FOR AN EFFECTIVE DATE.

Be it ordained by the Council of the City of Jacksonville:

TABLE OF CONTENTS

Part I. Cleanup of $3.79 3

Section 1. Appropriation. 3

Section 2. Purpose. 4

Part II. Transfer within projects $2,135.96 5

Section 3. Appropriation. 5

Section 4. Purpose. 5

PART III. 1998 EXCISE TAX REVENUE BONDS (PARKING) 5

Section 5. Appropriation. 5

Section 6. Purpose. 6

PART IV. Establishing a Project Number 6

Section 7. Appropriation. 6

Section 8. Purpose. 7

PART IV. aPPROPRIATING $27,782.78 FROM Interest EARNINGS TO MAKE PROJECT WHOLE 7

Section 9. Appropriation. 7

Section 10. Purpose. 7

PART VI. UNEXPECTED REVENUE FROM 2010-11 TRANSFERRED TO COUNCIL CONTINGENCY 8

Section 11. Appropriation. 8

Section 12. Purpose. 8

PART VII. BANKING FUND NOT USED DUE TO AVAILABLE GRANT FUNDING 9

Section 13. Appropriation. 9

Section 14. Purpose. 9

PART VIII. ST. ANDREWS CHURCH RENOVATIONS $22,175.00 10

Section 15. Appropriation. 10

Section 16. Purpose. 10

PART IX. SUBFUND 322 GENERAL CAPITAL PROJECTS - INCLUDING NORTHFOLK SOUTHERN RECONCILIATION 11

Section 17. Appropriation. 11

Section 18. Purpose. 11

PART X. RIVER CITY RENAISSANCE PAY-AS-YOU-GO - INCLUDING JEA COMMERCIAL PAPER FINANCE AGREEMENT 13

Section 19. Appropriation. 13

Section 20. Purpose. 13

PART XI. CAPITAL PROJECT REVENUE BONDS 31L 13

Section 21. Appropriation. 13

Section 22. Purpose. 14

PART XII. STREETS AND DRAINAGE Five year Road Program Create one Account instead of two 14

Section 23. Appropriation. 14

Section 24. Purpose. 15

PART XIII. SUBFUND 143 LOCAL OPTION GAS TAX 15

Section 25. Appropriation. 15

Section 26. Purpose. 15

Section 27. Amending 2014-468-E to de-authorize borrowing. 17

Section 28. Effective Date. 17

Part I. Cleanup of $3.79

Section 1. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Exhibit 1 and incorporated herein by this reference):

a) Appropriated from:

See Exhibit 1 $3.79

b) Appropriated to:

See Exhibit 1 $3.79

Section 2. Purpose. The Finance Department requires authority in the form of legislation to clean up the $3.79 referenced in Section 1 above. The amounts and projects are summarized as follows:

Subfund 114 Fair Share Sector Transportation Improvements (Municipal Code Section 111.530)

The clean-up adjustment appropriates $0.04 of interest income to cover expense in Kernan Road: JTB to UNF Road project (PW0278-21).

Subfund 1D9 Park Maintenance & Improvements

The adjustment transfers $0.68 of budget capacity from Sisters Creek Marina Recreation Development project (PR0149-02) to cover expense in Sisters Creek Marina Recreation Development: Community Building Renovation project (PR0149-06).

Subfund 31D 1996B Excise Tax Revenue Bonds

The clean-up adjustment appropriates $2.90 of escrow earnings to cover expense in JPA Capital Improvements: JPA Phase II project (AFT006-02).

Subfund 31J 1995 Sunshine State Construction Bonds

The clean-up adjustment reduces the revenue and expense budget by $0.17 so that the budgetary balance equals the available cash in the fund. The Trail Ridge Landfill Construction & Expansion: 600 (SW0005-02) project is only project in this fund with a budgetary balance.

Part II. Transfer within projects $2,135.96

Section 3. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Revised Exhibit 2, labeled as “Revised Exhibit 2, Revised Acct Info, June 1, 2015 – TEU” and incorporated herein by this reference):

a) Appropriated from:

See Revised Exhibit 2 $2,135.96

b) Appropriated to:

See Revised Exhibit 2 $2,135.96

Section 4. Purpose. The Finance Department requires authority in the form of legislation to clean up the $2,135.96 referenced in Section 3 above. The amounts and projects are summarized as follows:

Subfund 64P Balis Estate Trust Fund

The adjustment transfers $328.38 of budget capacity from Balis: Southside Community Center project (PR0267-04) to cover expenses in Balis: Balis Community Center project (PR0267-02).

Subfund 363 2004 Excise Tax Revenue Bonds (Autumn)

The clean-up adjustment transfers $1,840.00 within the District 07 COP Project (CC0023-01) from the contingency line item into other construction in that project to cover expenses.

PART III. 1998 EXCISE TAX REVENUE BONDS (PARKING)

Section 5. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Exhibit 3 and incorporated herein by this reference):

a) Appropriated from:

See Exhibit 3 $822,311.37

b) Appropriated to:

See Exhibit 3 $822,311.37

Section 6. Purpose. The Finance Department requires authority in the form of legislation to clean up the $822,311.37 referenced in Section 5 above. The amounts and projects are summarized as follows:

Subfund 414 1998 Excise Tax Revenue Bonds - Parking

The clean-up adjustment eliminates old debt service budgetary balances in the amount of $805,652.25 as well as line items without project numbers. In order to balance the fund $16,659.12 of interest income in the fund level project (AFT001-01) will be appropriated.

PART IV. Establishing a Project Number

Section 7. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Exhibit 4 and incorporated herein by this reference):

c) Appropriated from:

See Exhibit 4 $500,000

d) Appropriated to:

See Exhibit 4 $500,000

Section 8. Purpose. The Finance Department requires authority in the form of legislation to establish a project number for the $500,000 referenced in Section 7 above. The amounts and projects are summarized as follows:

Subfund 44F Solid Waste Pollution Remediation

Ordinance 2006-398-E placed $500,000.00 into Subfund 44F without a project number. The adjustment places the budgetary capacity into the Ash Site Remediation - Nora Williams project (ERR001-01). Case No: 3:04-CV-1170-HES-MCR, the Nora Williams Case – Brown’s Dump Site. The settlement required the funds to be used for cleanup. The ash remediation project complies with the settlement.

PART IV. aPPROPRIATING $27,782.78 FROM Interest EARNINGS TO MAKE PROJECT WHOLE

Section 9. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Exhibit 5 and incorporated herein by this reference):

a) Appropriated from:

See Exhibit 5 $27,782.78

b) Appropriated to:

See Exhibit 5 $27,782.78

Section 10. Purpose. The Finance Department requires authority in the form of legislation to transfer the $27,782.78 referenced in Section 9 above from interest earnings to make the project whole. The amounts and projects are summarized as follows:

Subfund 115 Gate Parkway Extension

The clean-up adjustment appropriates $1,750.28 of interest income to cover expense in Deerwood Lake project (PW0524-01).

Subfund 31O 2001B Excise Tax Revenue Bonds

AFT001-01 Fund Level Project Clean-Up:

The clean-up adjustment appropriates $26,032.50 of interest income to cover bond financing / bond council costs.

PART VI. UNEXPECTED REVENUE FROM 2010-11 TRANSFERRED TO COUNCIL CONTINGENCY

Section 11. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Exhibit 6 and incorporated herein by this reference):

a) Appropriated from:

See Exhibit 6 $500,000

b) Appropriated to:

See Exhibit 6 $500,000

Section 12. Purpose. The Finance Department requires authority in the form of legislation to clean up the $500,000 referenced in Section 11 above. The amounts and projects are summarized as follows:

Subfund 31P 2002 Guarantee Entitlement Construction Bonds

In 2010-2011, $500,000 budget line item for debt service, but no actuals were posted. The clean-up adjustment transfers $500,000 from a debt service line and places it in a Council Contingency project (CC0001-01) to be appropriated through future legislation.

PART VII. BANKING FUND NOT USED DUE TO AVAILABLE GRANT FUNDING

Section 13. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Revised Exhibit 7, labeled as “Revised Exhibit 7, Revised Acct Info, June 1, 2015 – TEU” and incorporated herein by this reference):

a) Appropriated from:

See Revised Exhibit 7 $758,012.50

b) Appropriated to:

See Revised Exhibit 7 $758,012.50

Section 14. Purpose. The Finance Department requires authority in the form of legislation to clean up the $758,012.50 referenced in Section 13 above. The amounts and projects are summarized as follows:

Subfund 331 Grant Capital Improvement Projects

Banking Fund borrowing in the amount of $400,000 was appropriated into Subfund 331 in Ordinance 2006-1343-E to assist in the purchase of land for Ribault River park (PR0355-02). However, the land was purchased with grant funding from the Florida Department of Economic Opportunity, rendering the banking fund borrowing and associated spending authority unnecessary. The adjustment requested requires an appropriation of $358,012.50 to establish budget authorization for the purchase with grant proceeds. Further, this legislation reduces the banking fund by $400,000 (as shown in Exhibit 14).

PART VIII. ST. ANDREWS CHURCH RENOVATIONS $22,175.00

Section 15. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Revised Exhibit 8, labeled as “Revised Exhibit 8, Revised Acct Info, June 1, 2015 – TEU” and incorporated herein by this reference):

a) Appropriated from:

See Revised Exhibit 8 $22,175.00

b) Appropriated to:

See Revised Exhibit 8 $21,000

Section 16. Purpose. The Finance Department requires authority in the form of legislation to clean up the $22,175 referenced in Section 15 above. The amounts and projects are summarized as follows:

Subfund 325 St. Andrews Church Renovation

This fund has negative cash of $22,175.00

The St. Andrews Church Renovation: Phase I project (PW0230-01) is the only project in subfund 325 and it has no budgetary balance. A transfer from General Fund - GSD of $22,175.00 is being requested to eliminate the cash deficit in this fund. A related adjustment in subfund 331 is included in this request in order to close out the St. Andrews Church Renovation: Phase II project (PW0230-02) in that fund. Said adjustment will reduce the expense budget by $21,175.00 as well as the required revenue adjustments. The grant revenue received is reduced by $20,000.00 to equal the amount received and $1,175.00 of the General Fund contribution is transferred from the General Fund - GSD. After implementation of both of these adjustments, the General Fund - GSD will contribute $21,000.00 .

PART IX. SUBFUND 322 GENERAL CAPITAL PROJECTS – INCLUDING Norfolk Southern Reconciliation

Section 17. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Exhibit 9 and incorporated herein by this reference):

a) Appropriated from:

See Exhibit 9 $1,258,820.36

b) Appropriated to:

See Exhibit 9 $1,258,820.36

Section 18. Purpose. The Finance Department requires authority in the form of legislation to clean up the $1,258,820.36 referenced in Section 17 above. The amounts and projects are summarized as follows:

Subfund 322 General Capital Projects

The clean-up adjustment transfers $17,200.00 from a cash carryover line to cover expenses in Sisters Creek Marina Boat Ramp of $600.00 (PR0109-01) and Courthouse located on Bay Street: Renovation Phase I of $16,600.00 (PW0174-02). The Courthouse project in this adjustment pre-dates conversion and is not related to the New Courthouse.

The clean-up adjustment also moves the remaining $245.96 budgetary balance in the Animal Care & Control (NBPSFL) to an active project for Animal Control Shelter Improvements (PW0087-01).

The clean-up adjustment includes reducing budgetary revenue and expenses in Norfolk Southern Property project (PR0530-01) and the Acquisition/Preservation Land project (PR0241-01). The original legislation Ordinance 2005-1144-E authorized the buying preservation property in partnership with the State of Florida, selling of City owned preservation land to the State, the buyout of a timber sales option and the realization of revenue from the sale of said timber. At the conclusion of the transaction with the State, the revenue from the sale of the property was reduced by $91,374.40, the sale of timber did not occur resulting in a reduction of realized revenue by an additional $1,150,000 and the expenditure for the buyout of the timber sales option did not occur, reducing expenses of $1,181,262. Because of the reduction in anticipated revenues and expenses from the land transaction there was also a corresponding reduction of the budget authorization in Acquisition / Preservation Land project of $60,112.40. Further, this legislation reduces the banking fund capacity by $1,181,262 (as shown in Exhibit 14).

PART X. RIVER CITY RENAISSANCE PAY-AS-YOU-GO – INCLUDING JEA COMMERCIAL PAPER FINANCE AGREEMENT

Section 19. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Revised Exhibit 10, labeled as “Revised Exhibit 10, Revised Acct Info, June 1, 2015 – TEU” and incorporated herein by this reference):

c) Appropriated from:

See Revised Exhibit 10 $2,039,104.85

d) Appropriated to:

See Revised Exhibit 10 $2,067,561.11

Section 20. Purpose. The Finance Department requires authority in the form of legislation to clean up the $2,067,561.11 referenced in Section 19 above. The amounts and projects are summarized as follows:

Subfund 321 River City Renaissance Pay-As-You-Go

The action of the legislation is to reduce budgetary balances and appropriate remaining revenue to cover budgetary shortfalls. The largest portion, $1,948,654, is to establish a budget with other revenues to account for the commercial paper financing agreement approved in 1993 by Ordinance 1993-978-774-E.

PART XI. CAPITAL PROJECT REVENUE BONDS 31L

Section 21. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Exhibit 11 and incorporated herein by this reference):

a) Appropriated from:

See Exhibit 11 $2,934,913.87

b) Appropriated to:

See Exhibit 11 $2,934,913.87

Section 22. Purpose. The Finance Department requires authority in the form of legislation to clean up the $2,934,913.87 referenced in Section 21 above. The amounts and projects are summarized as follows:

Subfund 31L Capital Project Revenue Bond to pay Administrative Costs of Bond Issuance

The adjustment appropriates available revenue balances in long term debt issued ($1,207,429.01), interest income ($953,067.51) and de-appropriates the budgetary balance in the non-cash transfer from fund balance ($774,417.28) to cover administrative costs for the Capital Project Revenue Bond issuance.

AFT001-01 Fund Level Project Cleanup: The adjustment transfers $0.01 of budget capacity from S.E. Regional Park: Development project (PR0107-02) to cover expense in Little Pottsburg Creek: Doctors Branch project (PW0296-01).

PART XII. STREETS AND DRAINAGE Five year Road Program Create one Account instead of two

Section 23. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Exhibit 12 and incorporated herein by this reference):

a) Appropriated from:

See Exhibit 12 $81,593,962.00

b) Appropriated to:

See Exhibit 12 $81,593,962.00

Section 24. Purpose. The Finance Department requires authority in the form of legislation to clean up the $81,593,962.00 referenced in Section 23 above. The amounts and projects are summarized as follows:

Subfund 141 Streets & Highways 5 yr Road Program

The accounting system booked these revenues into two separate project accounts. This action will consolidate all future funds into one new account project for booked revenue and expenses instead of into two separate projects. The previous two accounts cannot be closed because there remains revenue earnings in these accounts.

PART XIII. SUBFUND 143 LOCAL OPTION GAS TAX

Section 25. Appropriation. For the 2014-2015 fiscal year, within the City’s budget, there is hereby appropriated the indicated sum from the account(s) listed in subsection (a) to the account(s) listed in subsection (b):

(Account information attached hereto as Revised Exhibit 13, labeled as “Revised Exhibit 13, Revised Acct Info, June 1, 2015 – TEU” and incorporated herein by this reference):

a) Appropriated from:

See Revised Exhibit 13 $504,975,168.34

b) Appropriated to:

See Revised Exhibit 13 $504,975,168.34

Section 26. Purpose. The Finance Department requires authority in the form of legislation to clean up the $504,975,168.34 referenced in Section 25 above. The amounts and projects are summarized as follows:

1. $5,662,406.09 Sub Object 38901 (Transferred from Sub fund)

Purpose: The funds were appropriated but debited from an incorrect account leaving a positive balance in the initial account and creating a negative budget in the debited account. This movement debits the account with the budgetary capacity and corrects the budget after the fact for the negative account.

2. $460,286,265.19 Sub Object 31240 and 08101 Local Option Gas Tax.

There were two separate accounts established for the same source of funds, the Local Option Gas Tax. Revenue coming in was being allocated into the two separate accounts. After the Better Jacksonville Plan was enacted, all the revenue from both accounts went to the JTA for Mass Transit. The CIP Committee approved a clean-up for transparency to eliminate this confusion by creating one project. All revenue and expense have been transferred to JTA. The new revenue and expenses will be deposited into the new project number. These previous accounts will not be closed as there are still residual interest earnings that must be appropriated by Council.

3. $39,026,497.06 appropriate available revenue and expenditure balance to cover Negative budget variances.

Gas Tax Projects that were budgeted prior to 2000 interlocal agreement with JTA on the Better Jacksonville Plan Road Program were budgeted on a per project budget with specified revenues. Revenues in certain project line items came in under budget and revenues in others have yet to be appropriated. This action appropriates available revenues and realigns expenditures in other project funds.

After the Better Jacksonville Plan was enacted by the voters, the City was eager to begin work. In the BJP Ordinance 2000-671-E, the Council appropriated funds from September 30, 2000 and earlier received from the local option gas tax entitled “lapsing certain projects.” Those lapsed project funds totaled $37 million. These funds were expended but no budget was established. The action of this legation will be to establish a budget that the actuals can be debited against for those projects.

Section 27. Amending 2014-468-E to de-authorize borrowing. The $1,581,262, of banking fund authorization by Council, for Storm Water projects more fully described in Exhibit 14 attached hereto are hereby removed. Ordinance 2014-468-E is hereby amended to reflect the de-authorization of the banking fund by the above amount for these by projects.

Section 28. Effective Date. This ordinance shall become effective upon signature by the Mayor or upon becoming effective without the Mayor’s signature.

Form Approved:

__/s/ Paige Hobbs Johnston

Office of General Counsel

Legislation prepared by: Margaret M. Sidman

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