HomeMy Public PortalAbout13145ORDINANCE NO. 13145
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 One Hundred Ninety-seven Million Five Hundred Fifty-one thousand Four Hundred
Forty-seven dollars ($197,551,447), 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 Thirteen Million Eight Hundred Forty
Thousand Four Hundred Fifty five Dollars ($213,840,455) 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 Four Million Nine Hundred Ten Thousand Four
Hundred Thirty six dollars ($4,910,436) 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 Twenty three Million Four Hundred Twenty Thousand
Four Hundred Fifty five Dollars ($123,420,455); from the Stormwater Revenue Fund the sum of
Four Million Nine Hundred Ten Thousand dollars ($4,910,436); from the Water Back-up Fund the
sum of One Million dollars ($1,000,000); from the Emergency Fund the sum of One Million dollars
($1,000,000); and from the Real Property Improvements and Alterations Fund the sum of One
Million dollars ($1,000,000) to the General Fund. There is hereby appropriated and set apart out of
the General Fund of the District the sum of One Hundred Forty-nine Million Nine Hundred Eighty-
six Thousand Four Hundred Forty-seven dollars ($149,986,447) 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 1,811,994
5. Executive Director 832,357
6. General Counsel 4,548,937
7. Human Resources 11,308,719
8. Finance 15,890,590
9. Information Systems 10,077,934
10. Engineering 21,735,310
11. Operations 83,307,906
DISTRICT GENERAL FUND BUDGET TOTAL $149,986,447
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 Forty three
Million Six Hundred Eighty six Thousand dollars ($43,686,000).
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
zero dollars ($0).
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 Two
Hundred Sixty-nine Thousand dollars ($1,269,000) and from the Stormwater Revenue Fund the
sum of zero dollars ($0).
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-four Million Ten Thousand dollars ($34,010,000) 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 $ 42,234,000
GRAND TOTAL OF APPROPRIATIONS $197,551,447
The foregoing Ordinance was adopted October 14, 2010.
SUMMARY OF APPROPRIATIONS
FISCAL YEAR 2010 – 2011
DISTRICT OPERATING BUDGET (GENERAL FUND) $149,986,447
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) 42,234,000
TOTAL APPROPRIATED $197,551,447