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HomeMy Public PortalAbout13403ORDINANCE NO. 13403 AN ORDINANCE, repealing and superseding Ordinance No. 13273 adopted June 9, 2011, and making appropriations for the current expenses of the District in the General Fund, the Water Backup Insurance & Reimbursement Fund, the Sanitary Replacement Fund, the Stormwater Operations, Maintenance and Construction Improvement Funds, the Emergency Funds, the Debt Service Funds, and the Wastewater Revenue Bond Service Funds for the fiscal year beginning July 1, 2012 and ending June 30, 2013, amounting in the aggregate commitment of Two Hundred Twenty Three Million One Hundred Three Thousand Four Hundred and Fifty Nine Dollars ($223,103,459) to pay interest falling due on bonds issued, the costs of support, operation, and maintenance of the District and its various subdistricts, and emergencies in accordance with the requirements of this Proposed Ordinance introduced May 10, 2012. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THEETROPOLITAN ST. LOUIS SEWER DISTRICT: REVENUE FUNDS Section One – Wastewater Revenue Fund. The total dollars collected in the Wastewater Revenue Fund is estimated to be Two Hundred Forty Million Six Hundred Thirty Thousand and Seven Hundred Dollars ($240,630,700) 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 Water Backup Insurance & Reimbursement Fund, the Wastewater Emergency Fund, the Sanitary Replacement Fund, Operations, Maintenance and Capital Improvement Funds and the Wastewater Revenue Bond Service Funds 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, 2012, and ending June 30, 2013. Section Two – Stormwater Revenue Fund. The total dollars collected in the Stormwater Revenue Fund is estimated to be One Million One Hundred Ninety Seven Thousand One Hundred and Seventy Two Dollars ($1,197,172) and is hereby transferred from the Stormwater Revenue Fund to the Districtwide Stormwater Fund and the Stormwater Emergency Fund for the support, operation and maintenance of several departments, Board, Civil Service Commission, for other lawful activities of the District for the fiscal year beginning July 1, 2012, and ending June 30, 2013. TOTAL USER CHARGE REVENUE $241,827,872 DISTRICT OPERATING FUNDS Section Three – General Fund. There is hereby transferred from the Wastewater Revenue Fund the sum of One Hundred Fifty Five Million Eighty Thousand Seven Hundred Dollars ($155,080,700). There is hereby appropriated and set apart out of the General Fund of the District the sum of One Hundred Fifty Six Million Three Hundred Forty Five Thousand Four Hundred and Fifty Nine Dollars ($156,345,459) for the support, operation and maintenance of several departments, Board, Civil Service Commission, and other lawful activities of the District. Section Four–Wastewater Backup Insurance and 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 Four Million Five Hundred Thousand Dollars ($4,500,000) 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 Five Hundred Thousand Dollars ($4,500,000). TOTAL GENERAL FUND AND WATER BACK-UP $160,845,459 STORMWATER OPERATIONS, MAINTENANCE, ADMINISTRATION AND CONSTRUCTION IMPROVEMENT FUNDS Section Nine – For the purpose of providing Stormwater Operations, Maintenance, Administration, and Construction Improvements, there is hereby appropriated Sixteen Million Seventy Seven Thousand Four Hundred and Sixty Nine Dollars ($16,077,469). Appropriations will be executed through the Stormwater Operations, Maintenance, Administration and Construction Improvement Funds as follows: Section Nine (1) – District Wide Stormwater Fund (5110). For the purpose of providing for operations, maintenance, administration, and construction Improvement, there is hereby transferred from the General Fund to the District Wide Stormwater Fund the sum of Four Million Seven Hundred Twenty Eight Thousand Dollars ($4,728,000) and from the Stormwater Revenue Fund the sum of Nine Hundred Forty Seven Thousand One Hundred and Seventy Two Dollars ($947,172). There is hereby appropriated and set apart out of the District Wide Stormwater Fund the sum of Five Million Five Hundred Eighty Five Thousand Two Hundred and Twenty Seven Dollars ($5,585,227) for use by the Executive Director in contracting for work or repairs. Section Nine (2) – Stormwater and Maintenance, Operations and Construction Improvement Fund (5130). For the purpose of allowing the District to better segregate the wastewater and stormwater activities of the District for financial reporting purposes, there is hereby transferred from the General Fund the sum of Nine Million Six Hundred Eleven Thousand Dollars ($9,611,000) There is hereby appropriated and set apart out of the Stormwater and Maintenance, Operations and Construction Improvement Fund the sum of Seven Million Ninety Eight Thousand Six Hundred and Eighty Eight Dollars ($7,098,688) for use by the Executive Director in contracting for work or repairs. Section Nine (3) – Black Creek OMCI Fund (5594). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Black Creek OMCI Fund the sum of Three Hundred Seventy Four Thousand Eight Hundred and Ninety Two Dollars ($374,892) for use by the Executive Director in contracting for work or repairs. Section Nine (4) – Clayton Central OMCI Fund (5563). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Clayton Central OMCI Fund the sum of Fifteen Thousand Eight Hundred and Seventy Dollars ($15,870) for use by the Executive Director in contracting for work or repairs. Section Nine (5) – Coldwater OMCI Fund (5564). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Coldwater OMCI Fund the sum of Eight Hundred Fifty Nine Thousand Eight Hundred and Ten Dollars ($859,810) for use by the Executive Director in contracting for work or repairs. Section Nine (6) – Creve Coeur OMCI Fund (5565). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Creve Coeur OMCI Fund the sum of One Hundred Forty Six Thousand Eight Hundred and Ninety One Dollars ($146,891) for use by the Executive Director in contracting for work or repairs. Section Nine (7) – Deer Creek OMCI Fund (5566). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Deer Creek OMCI Fund the sum of Two Hundred Seventy Nine Thousand and Sixty Four Dollars ($279,064) for use by the Executive Director in contracting for work or repairs. Section Nine (8) – Fountain Creek OMCI Fund (5569). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Fountain Creek OMCI Fund the sum of One Hundred Twenty Thousand One Hundred and Seventy Seven Dollars ($120,177) for use by the Executive Director in contracting for work or repairs. Section Nine (9) – Gravois Creek OMCI Fund (5571). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Gravois Creek OMCI Fund the sum of Two Hundred Seventy Five Thousand Two Hundred and Ninety Four Dollars ($275,294) for use by the Executive Director in contracting for work or repairs. Section Nine (10) – Loretta-Joplin OMCI Fund (5574). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Loretta-Joplin OMCI Fund the sum of Forty Two Thousand Five Hundred and Fifty Four Dollars ($42,554) for use by the Executive Director in contracting for work or repairs. Section Nine (11) – Maline Creek OMCI Fund (5576). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Maline Creek OMCI Fund the sum of Five Hundred Two Thousand Three Hundred and Sixteen Dollars ($502,316) for use by the Executive Director in contracting for work or repairs. Section Nine (12) – Lower Meramec River Basin OMCI Fund (5591). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Lower Meramec River Basin OMCI Fund the sum of Twenty Seven Thousand Three Hundred and Forty Dollars ($27,340) for use by the Executive Director in contracting for work or repairs. Section Nine (13) – Missouri River-Bonfils OMCI Fund (5590). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Missouri River-Bonfils OMCI Fund the sum of Four Thousand Two Hundred and Sixty Dollars ($4,260) for use by the Executive Director in contracting for work or repairs. Section Nine (14) – North Affton OMCI Fund (5579). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the North Affton OMCI Fund the sum of Twelve Thousand Two Hundred and Eighty Dollars ($12,280) for use by the Executive Director in contracting for work or repairs. Section Nine (15) – Seminary Branch of River Des Peres OMCI Fund (5593). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Seminary Branch of River Des Peres OMCI Fund the sum of Eighty Seven Thousand and Thirty Eight Dollars ($87,038) for use by the Executive Director in contracting for work or repairs. Section Nine (16) – Shrewsbury Branch of River Des Peres OMCI Fund (5592). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Shrewsbury Branch of River Des Peres OMCI Fund the sum of Eight Thousand Five Hundred and Twenty Seven Dollars ($8,527) for use by the Executive Director in contracting for work or repairs. Section Nine (17) – Sugar Creek OMCI Fund (5583). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Sugar Creek OMCI Fund the sum of Thirty Eight Thousand and Forty Three Dollars ($38,043) for use by the Executive Director in contracting for work or repairs. Section Nine (18) – University City Branch of River Des Peres OMCI Fund (5584). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the University City Branch of River Des Peres OMCI Fund the sum of Four Hundred Sixty Two Thousand Three Hundred and Seventy Five Dollars ($462,375) for use by the Executive Director in contracting for work or repairs. Section Nine (19) – Watkins Creek OMCI Fund (5587). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Watkins Creek OMCI Fund the sum of Ninety Four Thousand Four Hundred and Seventy Three Dollars ($94,473) for use by the Executive Director in contracting for work or repairs. Section Nine (20) – Wellston OMCI Fund (5589). For the purpose of providing for Operations, Maintenance, Administration, Construction Improvement, there is hereby appropriated and set apart out of the Wellston OMCI Fund the sum of Forty Two Thousand Three Hundred and Fifty Dollars ($42,350) for use by the Executive Director in contracting for work or repairs. TOTAL OMCI BUDGET $ 16,077,469 EMERGENCY WORK OR REPAIR FUNDS Section Six – Wastewater 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 Wastewater Emergency Fund the sum of Two Hundred Fifty Thousand Dollars ($250,000). There is hereby appropriated and set apart out of the Wastewater 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. Section Seven – Stormwater Emergency Fund. For the purpose of providing for emergency work or repairs requiring prompt attention, there is hereby transferred from the Stormwater Revenue Fund to the Stormwater Emergency Fund the sum of Two Hundred Fifty Thousand Dollars ($250,000). There is hereby appropriated and set apart out of the Stormwater 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. TOTAL EMERGENCY FUND BUDGET $ 500,000 DEBT SERVICE FUNDS Section Eight – 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, 2012 and ending June 30, 2013, there is hereby transferred from the Wastewater Revenue Fund to the Wastewater Revenue Bond Service Funds the total sum of Sixty Million Eight Hundred Thousand Dollars ($60,800,000). There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2804 the sum of Thirty Five Million Two Hundred Sixteen Thousand Dollars ($35,216,000) for total District principal and interest falling due on Seven Hundred Twenty Five Million Dollars ($725,000,000) 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 2808 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 Five Million Dollars ($725,000,000) 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 2810 the sum of One Million Six Hundred Thirty Two Thousand Dollars ($1,632,000) for principal and interest falling due on Seven Hundred Twenty Five Million Dollars ($725,000,000) 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 2812 the sum of Four Million Nine Hundred Seventy Eight Thousand Dollars ($4,978,000) for principal and interest falling due on Seven Hundred Twenty Five Million Dollars ($725,000,000) 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 2816 the sum of Three Million Eight Hundred Eighty Thousand Dollars ($3,880,000) for principal and interest falling due on Seven Hundred Twenty Five Million Dollars ($725,000,000) 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 Proposed Fund the sum of Twelve Million Six Hundred Fifty Thousand Dollars ($12,650,000) for principal and interest for anticipated bond issuance subsequent to a successful bond authorization election. TOTAL DEBT SERVICE BUDGET $ 61,258,000 TOTAL DISTRICT BUDGET APPROPRIATIONS $238,680,928 Less: Inter-fund Services for Stormwater Operations ($15,577,469) (Reported as required by General Accounting Standards Board (GASB) Statement #34 NET DISTRICT BUDGET APPROPRIATIONS $223,103,459 WASTEWATER CAPITAL PROGRAM USER CHARGE FUNDING Section Ten – 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 Twenty Million Dollars ($20,000,000). SUMMARY OF APPROPRIATIONS FISCAL YEAR 2013 Operating Budget District General Fund $156,345,459 District Water Backup Insurance and Reimbursement Fund 4,500,000 OMCI Funds 16,077,469 TOTAL OPERATING BUDGET $176,922,928 TOTAL EMERGENCY WORK OR REPAIR BUDGET $ 500,000 TOTAL DEBT SERVICE BUDGET $ 61,258,000 TOTAL DISTRICT APPROPRIATIONS $238,680,928 Less: Inter-fund Services for Stormwater Operations * ($ 15,577,469) NET DISTRICT APPROPRIATIONS $223,103,459 * Reported as required per General Accounting Standards Board (GASB) Statement # 34 The foregoing Ordinance was adopted June 14, 2012.