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09-483CouncilFile #�� ��� RESOLUTION CITY RF SAINT PAUL, MINNESOTA Presented By: Greensheet# 3069941 �/ ti 2 3 a s 6 � 8 9 �o �i �2 13 ia is 16 n �s 19 20 21 22 23 2a zs zs z7 28 29 � 37 32 33 34 35 36 37 38 39 40 47 42 43 44 45 46 47 48 49 50 si 52 53 Page 1 of 4 WNEREAS, the City of Saint PauPs long term General Obligation bond rati�g is AAA and Aa2 by Standard & Poors and Moody's rating services respectivefy; and W HEREAS, the City of Saint Paul's management practices have been assigned a Financial Management Assessment (FMA) of strong, the highest rating possible, by Standard & Poo�'s; and W HEREAS, in 2005 the City Council, in CF OS-1187, adopted a General Fund — Fund Balance Policy which provides that the City will maintain a Fund Balance equal to at least 15 % of next year's budgeted general fund expenditures; and WHEREAS, the policy further provides that if the fund balance level falls below the 15% minimum threshold due to reasons unexpected, a replenishment plan with be develaped, and WHEREAS, on December 26, 2005, with 5 days remaining in the City's fiscal year, the State of Minnesota unalloted $5,688,653 of Local Government Aid (LGA) to the City of Saint Paul, dropping the year ending 2008 fund balance to below the 15 % minimum threshold; and WHEREAS, the Mayor and City Cou�cil are committed to continue sound fiscal management and follow the adopted General Fund Balance Policy, by taking immediate action to restore its General Fund — Fund Balance to the 15°/a policy Ievel; and W1iEREAS, on January 1, 2008 the General Fund — Fund Balance was in excess of the 15% requirement by approximately $1,357,201; and WHEREAS, it is estimated that the operations in the General Fund, for fiscal year 2008, would have resulted in a contribution to December 31, 2008 Fund Balance of approximately $1,222,100 had unallotment not occurred; and WHEREAS, the Mayor and City Council, after recognizing the previously mentioned amounts, in order to resYOre General Fund — Fund Balance to its required 15% level consistent with policy, find it prudent to tormally reduce sQending in 2�09 in the General Fund by $2,703,784; and WHEREAS, this General Fund spending reduction lowers the December 31, 2008 fund bafance requirement by $405,568; now, therefore be it RESOLVED, to restore the General Fund- Fund Balance to the 15% General Fund — Fund Balance Policy Ievel, the Mayor recommends the following spending reductions to the 2009 General Fund Budget: Funtl Activity Object Description SPENDING CHANGES - GENERAL FUND CityAttomey 001 - 00200 - 0114 Full Time Appointed 007 - 00200 - 0439 Fringe Benefits Gty Council DOt 00001 0114 Full Time AppoiMetl OOt 00001 - 0439 Fringe Benefits 001 �0025 0114 FuII Time Appointed 001 - 00025 - 0439 Fringe Senefits osr 001 - 00�77 - 0��1 FuliTimeCertifietl 001 - 00�77 - 0439 Fringe Benefits CURRENT AMENDED BUDGET CNANGES BUDGET 3,738,208 1,400,812 769,055 566,012 69,686 34,034 482,536 163,679 (20,495) (8,842) (29,337) (21,415) (9,877) (2,338) (739) (34,369) (13,654) (6,297) (79,951) 3,717,713 1,391,970 747,640 556,135 67,348 33,295 468.882 157,382 Council File # �. ��� RESOLUTION CITY OF SAINT PAUL, MINNESOTA Presentetl By: Green Sheet # 54 Page 2 of 4 55 CURRENT AMENDED 56 Fund Activity Object Description BUDGET CNANGES BUDGET 55 EmergencyManagement 56 OOl - 00190 - 0114 Full Time Appointetl 97,000 (3,153) 93,847 57 001 - 00190 - 0439 Fringe Benefiis 49,479 (995) 48.484 58 (4,� 48) 59 Financial Services 60 001 - 00110 - ON4 Fu1lTimeAppointed 25Q7D8 (3,900) 246,808 6'1 001 - 00770 - 0439 FringeBenetits 345,604 (1,231) 344,373 62 001 - 00710 - 0518 Mayor's Contingency 250,708 (126,794) 123,974 63 (131,925) 64 Fire 65 001 - 05007 - 0774 FuIlTimeAppointed 223,885 (3,389) 220,496 66 001 05001 0439 Fringe Benefits 262,375 (7,070) 267,245 67 001 - 05120 - 0518 Mayor's Contingency 849,663 (429,715) 479,948 68 (434,774) 69 Genera/GOVernmentAccounts 70 001 - 09727 - 0772 FuIlTimeNotAppointed 77,361 (71,367) 0 77 001 - 09127 0714 full Time Appointed 92,559 62,062 754,621 72 001 - 09127 0219 Fees - Other Professional Services 61,500 (12,795) 48,705 73 001 - 09727 - 0439 Fringe Benefits 55,538 (4,252) 57,286 74 (26,346) 75 Human Resources 76 0�1 - pp165 - 01tt FuIlTimeCertifietl 1,561,415 (62,313) 1,499,102 77 DOt 00165 0114 Full Time Appointed 213,227 (3,691) 209,536 78 001 - 00165 - 0439 Fringe Benefiis 649,894 (29,903) 619,991 79 (95,907) 80 HREEO 81 001 - 08050 01�4 FuIlTimeAppointed �0�,472 (5,612) 95,860 82 00� 08050 0439 FriogeBenefits 132,484 (1,771) 130,713 83 00� - 08050 - 0518 Mayor's Contingency 85,000 (43,004) 47,996 84 (50,38n BS Mayor's Oftice 86 00'I - 00100 - 0113 FuIlTimeEleCted 107,792 (7,635) 94,757 87 001 - 00100 - 0774 FuIlTimeAppointetl 874,724 (136,693) 738,037 88 001 - 00100 - 0381 Books - Periodicals 510 (218) 292 89 001 - 00100 - 0252 Lodging - Meals - Etc. g,180 (1,800) 7,380 90 001 - 00100 - 0439 Fringe Benefits 347,007 (55,794) 291,213 91 (202,140) 92 Council File #�� LYK �i �SL_ RESOLUTfON CITY OF SAINT PAUL, MINNESOTA Preseated By; Green Sheet # 93 Page 3 of 4 9 CURRENT AMENDED 95 Fund Activity Ob ect Description BUDGET CHANGES BUDGET 93 Parks 94 001 - 03100 - 0114 Full Time Appointed � 16,031 (3,705) 172,326 95 001 • 03100 - 0439 Fringe Benefits 262,397 (1,769) 261,228 96 001 - 03122 - 0171 FullTimeCedified 729,582 (7,9'IS) 727,667 97 001 • 03722 - 0439 Fringe Benefits 245,875 (3,640J 242235 98 007 • 03730 - 0171 Full Time Cedified 58,505 (17,497) 41,0�8 99 001 - 03730 - 0439 Ftinge Benefits 34,689 (8,046) 26,643 t0a DOt - 03160 - Otit FullTimeCertified 522,850 (15,344) 507,506 t01 001 - 03160 - 0112 Full Time Not Appointed 57,004 (1,911) 55,033 102 001 - 03160 - 0439 Fringe Benefits 200,168 (7,935) �92,233 103 001 - 03162 - Ott� FUilTimeCert'rfied 540236 (14,805) 525,431 �04 00� - 03162 - 0439 Fringe Benefits 281,563 (6,808) 274,755 705 001 - 03172 - Otit FuIlTimeCertified 1,124,905 (11,222) 1,113,683 106 007 - 03772 - 0439 Fringe Benefits 390,291 (5,160) 385,131 707 001 - 03181 - 0518 Mayor's Contingency 317,001 (3$414) 278,587 708 007 - 03794 - 0777 FuIlTimeCertified 233,658 (11,644) 222,014 709 001 - 03794 - 0439 Fringe Benefits 93,752 (5,355) 88,398 »� (760,570) 111 Police 112 007 - 04000 - 01 V Full Time Certified 6,313,655 (29,954) 6283,701 773 001 - 04000 - 0114 Full Time Appainted 193,743 (4,283) 189,460 174 Q�t - 04000 - 0439 Fringe Benetits 2,438,970 (17,12g) 2,421,841 175 0�1 - �4100 - Ottt FullTimeCertifietl 25,286,277 (450,903) 24,837,374 176 001 - 04100 - 0439 Fringe Benefits 9,758,049 (233,050) 9,524,999 777 001 - 04100 - 05�8 Mayor'sContingency 1p27,538 (489,179) 538,359 178 001 - 04200 - Ot l t FuII Time Certified 7,479,748 (33,324) 7,386,424 1�9 001 - 04200 - 0439 Fringe Benefits 2,764,959 (16,725) 2,748234 720 001 - 04301 - 0111 Full Time Certified 894,461 (14,622) 879,839 127 007 - 04307 - 0439 Fringe Benefits 298,250 (6,724) 291,526 722 007 - 04308 - 0111 Fuli Time Certifietl 497,777 (34,370) 463,347 123 001 - 04308 - 0439 Fringe Benefits 171,317 (15,852) 155,465 124 001 - 04340 - 0117 Fuli Time Certified 474,027 (12,725) 461,902 125 001 - 04340 - 0439 Fringe Beneflts 768,623 (5,576) 163,047 126 (7�363,876) � 127 128 Pu6lic Works 129 001 - 02157 - 0518 Mayor's Contingency 65,336 (33,043) 32,293 130 (33,043) 131 132 Techno(ogy & Communicafions ti33 00� - 01001 - 0114 Full Time Appointed 80,800 (3,359) 77,471 '134 00� - 01001 - 0439 Fringe Benefits 41,773 (1,070) 40,703 735 001 - 07115 - 0117 Full Time Certified 4,225,272 (54,272) 4,17Q940 136 001 - 07115 - 0439 Fringe Benefits 7,405,770 (24,957) 1,38Q873 137 001 - 07715 - 0578 MayorsContingency 59,745 (33,983) 25,�62 138 (117�671) .. Council Pile # — � RESOLUTiON CIN OF SAINT PAUL, MINNESOTA Presented By; '139 '140 CURRENT '14'1 Fund Activity Object Description BUDGET 142 FINANCItJG CHANGES - GENERAL FUND 143 Non-DepartmentFinancing 144 001 - 00000 - 9831 745 546 147 '148 148 Contribution to Fund Balance TOTAL GENERAL FUND SPENDING CHANGE TOTAL GENERAL fUND FINANCING CHANGE Green Sheet # Page 4 of 4 AMENDED CHANGES BUDGET (2,703,784) (2,703,784) (2,703,784) (2,703,784) (2,703,784) 150 Be d RESOLVED, ihat the City Council approves ihe amendments as indicaietl above, and adopts ihe revis�ons to ihe 2D09 budget Reques[ed by Department of; Adopted by Council: Date �/ lP/ �� AdopGon Certified by Cou�cil Secretary: By: Approved by Mayor, t � /y ! By: Office of Financial Services B y' e'�Y l� Approved by the Office af Finan ' I Services By: Approved by City Attorney r � / . ��� Approved by Mayor for 'ssion to Council: ay: � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � 1�— �� - � �� oePa�,e�ti«��,�o��"�: �a�����`'� Green Sheet NO: 3069941 FS — Financiai Services ZgppR-09 Contad Person & Phone� �partmeM Se�rt To Person InitiaVDate ToddHutlev o ' cialservices 266-8549 I maocialServices De entDirector ASSigR 2 ' Attome .Must Be on Coundl Agenda by (Date): Number 06-MAY-09 For 3 r's O&ce Ma oriAssistant Routing 4 ounu7 ��� Doc. Type; �BUC HEAi21NG Order 5 i Clerk C' Clerk (RESOLUTION) E-DoeumeM Required: N Doeument CoMact: Todd Hurley Contad Phone: 266-8549 ToWi # 04 Signature Pages _(Clip All Locatiorts fos Signatuce) Aetion Requested: To amend the Ciry's budget in order to restore General Fund fund balance to comply with General Fund fund balance policy. Recommendations: Approve (A) or Reject (R): Persona! Service Conhacts Must Answer the Following Questioos: Plannf�g Commission 1. Has this persoNfirtn ever worked under a contract for this departmenY? CB Committee Yes No Civil Service Commission 2. Has this persoNfirtn ever been a ciry empfoyee? Yes No 3. Does this personlfirtn possess a skill not nomial{y possessed by any curtent city employee? Yes No Explain all yes answers on separate sheet and attach to green sheet. Initiating Problem, Issues, Opportunity (Who, What, When, Where, Why}: The City's General Fund fund balance policy reyuires to be at least 15% of next year's budgeted expendifxues. As a resuk of the State of Minnesota's unallohnent of $5,688,653.00 of LCrA to the City of Saint Paul, the fund balance dropped below required levels. The proposed resoluflon will cut spendnig to reduce fund balance requ'uement and comply with the poticy. Advantages If Approved: The City's General Fund fund balance will comply with the policy requ'aement Disadvantages If Approved: Nonelmown Disadvantages If Not Approved: � General Fund fund balance will not comply with the policy. Tlie City's credit rating might be adversely affected. ToWI Amount of Trensaction: . CosttReveeue 6udgeted: Funding Soarce: Activity Number. G Financial fnformation: Net decrease $2,703,784:00 (Explain) Aorii 28. 2009 11:03 AM PanA 1