275637 M�H17E - CITV CLERK �/���� .
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PINK - FINANCE G I TY OF SA I NT PA U L Council
CANARV - DEPARTMENT �
BI.UE - MAVOR � �� .'/
File N 0.
il R ution �
Presented By �
Referred To Committee: Date
Out of Committee By Date
WHEREAS, the Mayor pursuant to Section 10.07 of the Charter of the
City of Saint Paul does certify there is available for appropriation total
revenue in excess of those estimated in the 1980 budget; and
WHEREAS, the Mayor recommends that the following additions b� made to
the 1980 budget , subject to final adoption of Ordinance No. 13539:
Financing Summary:
Operation and Maintenance
Fees, Sales, and Service Fees $94,190
Appropriation Summary:
Operation and Maintenance
Planning and Economic Development
Parking Subsidy
06034-537-000 Transfer of Contribution to
Special Fund (Market and Parking
Fund) $94,190
Now, therefore, be it
RESOI.VED, that the Council of the City of Saint Paul accepts the Mayor's
recor�nendation and adopts the above additions to the 1980 budget.
Approved as to Funding: Approved:
ir., Dept. of nance & Mgmt. Services dget Direc or
COUNCILMEN
Yeas Hunt Na s /I Requested by Department of:
Y
{�� �� [n Favor
Maddcx
M�f✓lahon �
snow�irF� __ Against BY
Tede>c;,
Wilson
Adopt y Counc� : Date SEP � 1 ���0 Form Approved by City Attorney
� -?8a
rtified P� ed b ouncil Secretary
App e by lNavor: �EP � Approv d by M yo for Subm' Co cil
By _ _ By
PttBI�sNEa S c P 2 (� 1980
QM 01• 12/I975
� . ' Rev. : 9/8/76
' • Rev. : 5/?/80
EXPLANATION OF ADMINIISTRATIVE ORDERS,
RESOLUTIONS AND ORDINANCES ����� �
F
o A'�,�,,c S'�'�o CF��i
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Date: August 28, 1980 ��'�q�T�h'`�� `2! O
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To: Mayor George Latimer SF.�'�c+ '� �
. �,�,F
FROM: Mark Senn s
gE; Distribution of Additional Revenues from Increase in Parking Meter Rates
ACTION REQUESTED:
Signature on attached resolution.
PURPOSE AND RATIONALE FOR THIS ACTION:
The proposed increa�e in parking meter rates is planned to take effect on Oc�t�ber 1, 1980.
The total estimated revenue from this source during 1980, including the additiondl revenue
from the increase in rates is expected to be E�54,190. Since the average annual parking
meter revenue is approximately $360,000, it is planned to process that basic amount in the
customary man��r in the general fund. The excess of �94,190 would be transferred to the :'
'Mar�tet and Parking Fund, No. 26001, to be used to pay costs of converting meters to the
riew rates and to start the subsidized parking program for downtown shoppers.
The atta�ed resolution will provide additional financing for the I980 general fund budget
of E9i�,190 and will also provide an appropriation of the same amount for the parking proqram.
After the program has been in operation for a period of time, its effectiveness ,will be
evaluated and if a decision is made to continue, a transfer in a s?milar fgrm to this will be
made for the 1981 budget. During 1981, it is proposed to retain the first $360,QOO from
parking meter revenue for the general fund bu�get. Subsequent amounts up to $360,000
would be transferred to the Market and Parking Fund, and any amount above �120,000 would be
shared equally between the two funds.
ATTACHMENTS:
Council resolution .