HomeMy Public PortalAbout13090ORDINANCE NO. 13090
AN ORDINANCE making appropriations for current expenses of the District, in
the General Fund, the Real Property Improvements & Alterations Fund, the Water Backup
Insurance & Reimbursement Fund, the Emergency Fund, the Wastewater Revenue Bond Service
Fund for the fiscal year beginning July 1, 2010 and ending June 30, 2011, amounting in the
aggregate of Two Hundred Five Million Five Hundred Fifteen Thousand Three Hundred Eighty
Five dollars ($205,515,385), 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 – Wastewater Revenue Fund. The total dollars collected in the
Wastewater Revenue Fund is estimated to be Two Hundred Nineteen Million One Hundred
Seventeen Thousand Three Hundred Dollars ($219,117,300) and is hereby transferred from the
Wastewater Revenue Fund to the General Fund of the District for the support, operation and
maintenance of several departments, Board, Civil Service Commission, the Real Property
Improvements & Alterations Fund, the Water Backup Insurance & Reimbursement Fund, the
Emergency Fund, the Wastewater Revenue Bond Service Fund and the Improvement Fund for
other lawful activities of the District including the payment of interest and principal falling due
on bonds issued for the fiscal year beginning July 1, 2010 and ending June 30, 2011.
Section Two – Stormwater Revenue Fund. The total dollars collected in the
Stormwater Revenue Fund is estimated to be Forty-eight Million Three Hundred Fifty-three
Thousand Eight Hundred Ninety-one dollars ($48,353,891) and is hereby transferred from the
Stormwater Revenue Fund to the General Fund of the District for the support, operation and
maintenance of several departments, Board, Civil Service Commission, the Stormwater
Replacement Fund and the Improvement Fund for other lawful activities of the District for the
fiscal year beginning July 1, 2010, and ending June 30, 2011.
Section Three – General Fund. There is hereby transferred from the Wastewater
Revenue Fund the sum of One Hundred Nineteen Million Two Hundred Twenty-two Thousand
Three Hundred Dollars ($119,222,300) and from the Stormwater Revenue Fund the sum of
Thirty-six Million Four Hundred Seventeen Thousand Eight Hundred Ninety-one dollars
($36,417,891) to the General Fund. There is hereby appropriated and set apart out of the General
Fund of the District the sum of One Hundred Fifty-eight Million One Hundred Sixty-nine
Thousand Three Hundred Eighty-five dollars ($158,169,385) 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, 2010, and ending June 30, 2011 as
hereinafter detailed.
Departments:
1. Board of Trustees $ 2,800
2. Rate Commission 461,150
3. Civil Service Commission 8,750
4. Secretary-Treasurer 1,954,750
5. Executive Director 1,062,357
6. General Counsel 5,148,937
7. Human Resources 11,879,843
8. Finance 18,872,278
9. Information Systems 11,121,133
10. Engineering 22,169,875
11. Operations 85,487,512
DISTRICT GENERAL FUND BUDGET TOTAL $158,169,385
Section Four – Real Property Improvements & Alterations Fund. There is hereby
appropriated and set apart out of the Real Property Improvements & Alterations Fund of the
District the sum of One Million Eighty-one Thousand dollars ($1,081,000) for the support,
operation and maintenance of the headquarters building and other facilities of the District for the
fiscal year beginning July 1, 2010, and ending June 30, 2011.
Section Five – Water Backup Insurance & Reimbursement Fund. For the purpose
of providing water backup insurance and reimbursement for basement backups, there is hereby
transferred from the Wastewater Revenue Fund the sum of Three Million dollars ($3,000,000) to
the Water Backup Insurance and Reimbursement Fund. There is hereby appropriated and set
apart out of the Water Backup Insurance and Reimbursement Fund the sum of Four Million
Dollars ($4,000,000).
Section Six – Sanitary Replacement Fund. For the purpose of meeting the costs
of repairing, rehabilitating and replacing the District's Wastewater System, there is hereby
transferred from the Wastewater Revenue Fund to the Sanitary Replacement Fund the sum of
Fifty-two Million Five Hundred Eighty-six Thousand dollars ($52,586,000).
Section Seven – Stormwater Replacement Fund. For the purpose of meeting the
costs of repairing, rehabilitating and replacing the District’s Stormwater System, there is hereby
transferred from the Stormwater Revenue Fund to the Stormwater Replacement Fund the sum of
Ten Million Six Hundred Thirty Thousand dollars ($10,630,000).
Section Eight – Emergency Fund. For the purpose of providing for emergency
work or repairs requiring prompt attention, there is hereby transferred from the Wastewater
Revenue Fund to the Emergency Fund the sum of Five Hundred Thousand Dollars ($500,000).
There is hereby appropriated and set apart out of the Emergency Fund the sum of Two Hundred
Fifty Thousand Dollars ($250,000) 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.
Section Nine – Improvement Fund. For the purpose of meeting the costs of
repairing, rehabilitating and replacing the District's Wastewater System, there is hereby
transferred from the Wastewater Revenue Fund to the Improvement Fund the sum of One
Million Eight Hundred Forty-four Thousand dollars ($1,844,000) and from the Stormwater
Revenue Fund the sum of One Million Three Hundred Six Thousand dollars ($,1,306,000).
DEBT SERVICE
Section Ten – Debt Service Funds. 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, 2010 and ending June 30, 2011, there is hereby transferred from
the Wastewater Revenue Fund to the Wastewater Revenue Bond Service Funds the total sum of
Forty-one Million Nine Hundred Sixty-five Thousand Dollars ($41,965,000). There is hereby
appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 681 the
sum of Thirty-three Million Seven Hundred Ninety-one Thousand dollars ($33,791,000) for total
District principal and interest falling due on Seven Hundred Twenty-four Million Dollars
($724,000,000) par value outstanding revenue bonds and banking fees relating to the debt. There
is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number
683 the sum of Two Million Nine Hundred Two Thousand dollars ($2,902,000) for total District
principal and interest falling due on Seven Hundred Twenty-four Million Dollars ($724,000,000)
par value outstanding revenue bonds and banking fees relating to the debt. There is hereby
appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 684 the
sum of Three Hundred Forty-four Thousand dollars ($344,000) for principal and interest falling
due on Seven Hundred Twenty-four Million Dollars ($724,000,000) par value outstanding
revenue bonds and banking fees relating to the debt. There is hereby appropriated and set apart
out of the Wastewater Revenue Bond Service Fund Number 686 the sum of Four Million Nine
Hundred Seventy-eight Thousand dollars ($4,978,000) for principal and interest falling due on
Seven Hundred Twenty-four Million Dollars ($724,000,000) par value outstanding revenue
bonds and banking fees relating to the debt.
DISTRICT DEBT SERVICE BUDGET TOTAL $ 42,015,000
GRAND TOTAL OF APPROPRIATIONS $205,515,385
The foregoing Ordinance was adopted June 10, 2010.
SUMMARY OF APPROPRIATIONS
FISCAL YEAR 2010 – 2011
DISTRICT OPERATING BUDGET (GENERAL FUND) $158,169,385
DISTRICT OPERATING BUDGET (REAL PROPERTY IMPROVEMENTS & ALTERATIONS FUND) 1,081,000
DISTRICT OPERATING BUDGET (WATER BACKUP FUND) 4,000,000
EMERGENCY WORK OR REPAIRS (EMERGENCY FUND) 250,000
PRINCIPAL AND INTEREST (DEBT SERVICE FUND) 42,015,000
TOTAL APPROPRIATED $205,515,385