HomeMy Public PortalAbout12221ORDINANCE NO. 12221
AN ORDINANCE, making appropriations for current expenses
of the District, the Wastewater Revenue Fund, the Stormwater Revenue
Fund, the General Fund, the Real Property Improvements & Alterations
Fund, the Water Backup Insurance & Reimbursement Fund, the
Emergency Fund, and the Wastewater Revenue Bond Service Fund for
the fiscal year beginning July 1, 2006 and ending June 30, 2007, not
including sums hereby set apart for and transferred to special funds,
amounting in the aggregate to One Hundred Sixty-nine Million Eight
Hundred Sixty-one Thousand Six Hundred Eleven Dollars
($169,861,611.00), which sum is hereby appropriated from the general
and special funds named to pay interest falling due on bonds issued, the
costs of support, operation, and maintenance of the District and its
various Subdistricts, and emergencies.
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE
METROPOLITAN ST. LOUIS SEWER DISTRICT:
Section One. The remaining fund balance of the Wastewater
Revenue Fund after all revenues are billed and transfers are made, which
is estimated to be One Hundred Fourteen Million Four Hundred Seven
Thousand Five Hundred Forty-one Dollars ($114,407,541.00) is hereby
appropriated and transferred from the Wastewater Revenue Fund to the
General Fund of the District for the support, operation and maintenance of
the several departments, Board, Civil Service Commission, and other
lawful activities of the District for the fiscal year beginning July 1, 2006, and
ending June 30, 2007.
Section Two . The remaining fund balance of the Stormwater
Revenue Fund after all revenues are billed and transfers are made, which
is estimated to be One Million Two Hundred Thirty-six Thousand Six
Hundred Dollars ($1,236,600.00) is hereby appropriated and transferred
from the Stormwater Revenue Fund to the General Fund of the District for
the support, operation and maintenance of the several departments,
Board, Civil Service Commission, and other lawful activities of the District
for the fiscal year beginning July 1, 2006, and ending June 30, 2007.
Section Three. There is hereby appropriated and set apart out of
the General Fund of the District the sum of One Hundred Twenty-nine
Million One Hundred Thirty-nine Thousand Eight Hundred Nineteen
Dollars ($129,139,819.00) for the support, operation and maintenance of
several departments, Board, Civil Service Commission, and other lawful
activities of the District for the fiscal year beginning July 1, 2006, and
ending June 30, 2007 as hereinafter detailed.
Departments:
1. Board of Trustees $ 37,700.00
2. Rate Commission 288,800.00
3. Civil Service Commission 5,250.00
4. Secretary-Treasurer 1,460,553.00
5. Executive Director 874,222.00
6. General Counsel 1,989,974.00
7. Human Resources 9,714,838.00
8. Finance 16,796,239.00
9. Information Systems 7,181,147.00
10. Engineering 22,245,461.00
11. Operations 68,545,635.00
DISTRICT GENERAL FUND
OPERATING BUDGET TOTAL
$ 129,139,819.00
Section Four. There is hereby appropriated and set apart out of
the Real Property Improvements & Alterations Fund of the District the sum
of One Million Two Hundred Seventy Thousand Seven Hundred Seventy-
three Dollars ($1,270,773.00) for the support, operation and maintenance
of the headquarters building and other facilities of the District for the fiscal
year beginning July 1, 2006, and ending June 30, 2007 as hereinafter
detailed. Headquarters Building
Headquarters Building $ 1,270,773.00
REAL PROPERTY IMPROVEMENTS &
ALTERATIONS FUND OPERATING
BUDGET TOTAL
$ 1,270,773.00
Section Five. For the purpose of providing water backup
insurance and reimbursement for basement backups, there is hereby
appropriated and transferred from the Wastewater Revenue Fund to the
Water Backup Insurance and Reimbursement Fund the sum of Three
Million Two Hundred Thousand Dollars ($3,200,000.00). There is hereby
appropriated and set apart out of the Water Backup Insurance and
Reimbursement Fund the sum of Seven Million Two Hundred Dollars
($7,200,000.00) for the above stated purpose.
Section Six. For the purpose of meeting the costs of repairing,
rehabilitating and replacing the District's Wastewater System, there is
hereby appropriated and transferred from the Wastewater Revenue Fund
to the Sanitary Replacement Fund the sum of Forty-four Million Four
Hundred Sixty Thousand Six Hundred Forty Dollars ($44,460,640.00).
Section Seven. For the purpose of appropriating and making
funds available for any emergency that may occur throughout the District,
there is hereby appropriated and transferred from the Wastewater
Revenue Fund to the Emergency Fund the sum of Seven Hundred Fifty
Thousand Dollars ($750,000.00).
Section Eight. For the purpose of providing for emergency work
or repairs requiring prompt attention there is hereby appropriated and set
apart out of the Emergency Fund the sum of Two Hundred Fifty Thousand
Dollars ($250,000.00) for use by the Executive Director in contracting for
emergency work or repairs in accordance with the requirements of Section
Three of Ordinance No. 164, as adopted November 4, 1957, as amended
May 26, 1958 by Ordinance No. 199 and as amended June 3, 1961 by
Ordinance No. 569.
DEBT SERVICE
Section Nine. For the purpose of providing for the support of the
Wastewater Revenue Bond debts of the Metropolitan St. Louis Sewer
District for the fiscal year beginning July 1, 2006 and ending June 30,
2007, there is hereby appropriated and transferred from the Wastewater
Revenue Fund to the Wastewater Revenue Bond Service Fund the sum of
Thirty-one Million Nine Hundred Fifty-one Thousand Nineteen Dollars
($31,951,019.00). There is hereby appropriated and set apart out of the
Wastewater Revenue Bond Service Fund the sum of Thirty-two Million
One Thousand Nineteen Dollars ($32,001,019.00) for principal and
interest falling due on Five Hundred Million Dollars ($500,000,000.00) par
value outstanding revenue bonds and banking fees relating to the debt.
DISTRICT DEBT SERVICE BUDGET TOTAL $ 32,001,019.00
GRAND TOTAL OF APPROPRIATIONS $169,861,611.00
Section Ten. This ordinance, being an appropriation ordinance,
shall take effect immediately upon its enactment.
The foregoing Ordinance was adopted June 8, 2006.
SUMMARY OF APPROPRIATIONS
FISCAL YEAR 2006 – 2007
DISTRICT OPERATING BUDGET (GENERAL FUND) $129,139,819.00
DISTRICT OPERATING BUDGET (REAL PROPERTY IMPROVEMENTS & ALTERATIONS FUND) 1,270,773.00
DISTRICT OPERATING BUDGET (WATER BACKUP FUND) 7,200,000.00
EMERGENCY WORK OR REPAIRS (EMERGENCY FUND) 250,000.00
PRINCIPAL AND INTEREST (DEBT SERVICE FUND) 32,001,019.00
TOTAL APPROPRIATED $169,861,611.00