HomeMy Public PortalAbout12660ORDINANCE NO. 12660
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, 2008 and ending June 30, 2009, not including
sums hereby set apart for and transferred to special funds, amounting in
the aggregate to One Hundred Eighty-six Million Four Hundred Seventy-
eight Thousand Five Hundred Fifty-four Dollars ($186,478,554.00),
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 Forty Million One Hundred Ninety
Thousand Five Hundred Forty-nine Dollars ($140,190,549.00) 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, 2008, and
ending June 30, 2009.
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 Twenty-six Million Seven Hundred Eight Thousand Six
Hundred Dollars ($26,708,600.00) 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, 2008, and ending June 30, 2009.
Section Three. There is hereby appropriated and set apart out of
the General Fund of the District the sum of One Hundred Fifty Million Eight
Hundred Ninety-five Thousand Eighty-two Dollars ($150,895,082.00) 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, 2008, and ending June 30, 2009 as
hereinafter detailed.
Departments:
1. Board of Trustees $ 30,050.00
2. Rate Commission 0.00
3. Civil Service Commission 5,250.00
4. Secretary-Treasurer 1,843,374.00
5. Executive Director 850,642.00
6. General Counsel 3,643,426.00
7. Human Resources 12,086,309.00
8. Finance 17,010,928.00
9. Information Systems 10,944,120.00
10. Engineering 23,880,573.00
11. Operations 80,600,410.00
DISTRICT GENERAL FUND
OPERATING BUDGET TOTAL
$ 150,895,082.00
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 Three Hundred Twenty-one Thousand Six Hundred Fifteen
Dollars ($1,321,615.00) for the support, operation and maintenance of the
headquarters building and other facilities of the District for the fiscal year
beginning July 1, 2008, and ending June 30, 2009.
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 Five
Million Dollars ($5,000,000.00). There is hereby appropriated and set apart
out of the Water Backup Insurance and Reimbursement Fund the sum of
Six Million Dollars ($6,000,000.00) 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-seven Million Six
Hundred Seventeen Thousand Four Hundred Six Dollars
($44,824,138.00).
Section Seven. For the purpose of meeting the costs of repairing,
rehabilitating and replacing the District’s Stormwater System, there is
hereby appropriated and transferred from the Stormwater Revenue Fund
to the Stormwater Replacement Fund the sum of Nine Million Seventy-six
Thousand Dollars ($9,076,000).
Section Eight. Seven Hundred Eighty-two Thousand Dollars
($782,000) is hereby appropriated and transferred from the Emergency
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, 2008, and ending June 30, 2009. 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 Debt Service of the Metropolitan St. Louis
Sewer District for the fiscal year beginning July 1, 2008 and ending June
30, 2009, there is hereby appropriated and transferred from the
Wastewater Revenue Fund to the Wastewater Revenue Bond Service
Fund the sum of Twenty-seven Million Eight Hundred Seventy-two
Thousand Eight Hundred Thirteen Dollars ($27,872,813.00). There is
hereby appropriated and set apart out of the Wastewater Revenue Bond
Service Fund the sum of Twenty-seven Million Nine Hundred Twenty-two
Thousand Eight Hundred Thirteen Dollars ($27,922,813.00) 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.
Section Ten. For the purpose of providing for the support of the
Ozark Table Rock and the West Wastson/Nanell Loan Agreement Debt
Service of the Metropolitan St. Louis Sewer District for the fiscal year
beginning July 1, 2008 and ending June 30, 2009, there is hereby
appropriated and set apart out of the Improvement Fund the sum of
Eighty-nine Thousand Forty-four Dollars ($89,044) for principal and
interest falling due on Two Hundred sixty-eight Thousand Eight Hundred
Sixty-four dollars outstanding principal.
DISTRICT DEBT SERVICE BUDGET TOTAL $ 28,011,857.00
GRAND TOTAL OF APPROPRIATIONS $186,478,554.00
The foregoing Ordinance was adopted June 12, 2008.
SUMMARY OF APPROPRIATIONS
FISCAL YEAR 2008 – 2009
DISTRICT OPERATING BUDGET (GENERAL FUND) $150,895,082.00
DISTRICT OPERATING BUDGET (REAL PROPERTY IMPROVEMENTS & ALTERATIONS FUND) 1,321,615.00
DISTRICT OPERATING BUDGET (WATER BACKUP FUND) 6,000,000.00
EMERGENCY WORK OR REPAIRS (EMERGENCY FUND) 250,000.00
PRINCIPAL AND INTEREST (DEBT SERVICE FUND) 28,011,857.00
TOTAL APPROPRIATED $186,478,554.00