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HomeMy WebLinkAbout20138ORDINANCE NO. 20,138 AN ORDINANCE TO AMEND LITTLE ROCK, ARK. ORDINANCE NO. 20,078 (DECEMBER 22, 2008), TO ADJUST THE FISCAL YEAR 2009 BUDGET ORDINANCE TO REFLECT REVENUE AND EXPENDITURE ADJUSTMENTS FOR THE GENERAL FUND, STREET FUND PERSONNEL SAVINGS AND PAYOUTS, AND OTHER FUND ADJUSTMENTS; TO DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES. WHEREAS, the City approved a comprehensive budget for the City of Little Rock, Arkansas, in Little Rock, Ark., Ordinance No. 20,078 (December 22, 2008), and WHEREAS, it is appropriate to adjust the ordinance to reflect operational changes in the General Fund, and where necessary to authorize the increase or decrease in the fiscal year 2009 line items for these and other matters, and WHEREAS, the City Manager and the Director of Finance & Treasurer, in compliance with City budget and financial reporting policies, have reviewed these adjustments and recommend them to the Board of Directors for approval, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: Section 1. General Fund. Section 4 of Little Rock, Ark., Ordinance No. 20,078 (December 22, 2008) is hereby amended so the General Fund Operating Resources amount will decrease by two million eight hundred thousand dollars ($2,800,000) to one hundred thirty-four million six hundred and forty -nine thousand nine hundred sixty -six dollars ($134,649,966), to reflect reductions in operating budgets for General fund departments of two million dollars ($2,000,000), to the amount of one hundred thirty -five million four hundred forty -nine thousand nine hundred sixty -six dollars ($135,449,966). Section 2. Street Fund Section 4 of Little Rock, Ark., Ordinance No. 20,078 (December 22, 2008) is hereby amended so the Street Fund amount will increase by one million one hundred sixty - six thousand seven hundred five dollars ($1,166,705), to reflect increases in operating budgets for Street fund departments, to the amount of fifteen million eight hundred forty-nine thousand two hundred and nine dollars ($15,849,209). Section 3. River Market Fund. Section 4 of Little Rock, Ark., Ordinance No. 20,078 (December 22, 2008) is hereby amended so the River Market Fund amount will decrease by sixty -two thousand one hundred and thirty-four dollars ($62,134), to reflect reductions in operating budgets for River Market fund departments, to the amount of eight hundred eighty -four thousand five hundred and sixty -nine dollars ($884,569). Section 4. Zoo Fund. Section 4 of Little Rock, Ark., Ordinance No. 20,078 (December 22, 2008) is hereby amended so the Zoo Fund amount will decrease by eighty -seven thousand eight hundred and thirty -seven dollars ($87,837), to reflect reductions in operating budgets for Zoo fund departments, to the amount of five million two hundred twenty -three thousand one hundred and ten dollars ($5,223,110). Section 5. Golf Fund. Section 4 of Little Rock, Ark., Ordinance No. 20,078 (December 22, 2008) is hereby amended so the Golf Fund amount will decrease by forty -nine thousand five hundred forty -three dollars ($49,543), to reflect reductions in operating budgets for Golf fund departments, to the amount of two million nine hundred fifty -two thousand eight hundred ninety -six dollars ($2,952,896). Section 6. Concessions Fund. Section 4 of Little Rock, Ark., Ordinance No. 20,078 (December 22, 2008) is hereby amended so the Concessions Fund amount will decrease by two thousand four hundred fifty -two dollars ($2,452), to reflect reductions in operating budgets for Concessions fund departments, to the amount of one hundred eleven thousand six hundred dollars ($111,600). Section 7. Records. The Director of Finance & Treasurer is directed to maintain appropriate records which provide greater detail for the adjustments set forth in this ordinance as reflected in the materials provided to the Board of Directors for the July 28, 2008, meeting. Section S. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or word of this ordinance is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions of the ordinance which shall remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of the ordinance. Section 9. Repealer. All ordinances, resolutions, bylaws, and other matters inconsistent with this ordinance are hereby repealed to the extent of such inconsistency. Section 10. Emergency. The City's ability to properly maintain its budgets and to accountfor its funds is essential to maintain the public health, safety and welfare; an emergency is, therefore, declared to exist and this ordinance shall be in full force and effect from and after the date of itspassage. PASSED: August 3, 2009 ATTEST: usan La e , cting City Clerk APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City A orney APPROVED: Aw, Mark Stodola, Mayor