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HomeMy Public PortalAbout13855ORDINANCE NO. 13855 AN ORDINANCE, repealing and superseding Ordinance No. 13625 adopted June 13, 2013, and making appropriations for the current expenses of the District in the General Fund, the Water Backup Insurance and Reimbursement Fund, the Workers’ Compensation 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, 2014 and ending June 30, 2015, amounting in the aggregate to Two Hundred Fifty-five Million Ninety-six Thousand Eight Hundred Sixty-five Dollars ($255,096,865) 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 to be introduced May 8, 2014. NOW THEREFORE BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN 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 Seventy-nine Million Three Hundred Twenty-seven Thousand Two Hundred Sixty-two Dollars ($279,327,262) 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 and Reimbursement Fund, the Wastewater Emergency Fund, the Sanitary Replacement Fund, Workers’ Compensation Fund, 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, 2014, and ending June 30, 2015. Section Two – Stormwater Revenue Fund. The total dollars collected in the Stormwater Revenue Fund is estimated to be One Million One Hundred Ninety-four Thousand Nine Hundred Ninety-six Dollars ($1,194,996) 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, 2014, and ending June 30, 2015. TOTAL USER CHARGE REVENUE $280,522,258 DISTRICT OPERATING FUNDS Section Three – General Fund. There is hereby transferred from the Wastewater Revenue Fund the sum of One Hundred Seventy-eight Million Seven Hundred Seventy-two Thousand Four Hundred Seventy Dollars ($178,772,470). There is hereby appropriated and set apart out of the General Fund of the District the sum of One Hundred Eighty-two Million Eight Hundred Seventeen Thousand Five Hundred Eighty-six Dollars ($182,817,586) 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 Three Million Six Hundred Fifty Thousand Dollars ($3,650,000) 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 Three Million Six Hundred Thousand Two Hundred Forty- eight Dollars ($3,600,248). Section Five – Workers’ Compensation Fund. For the purpose of providing workers’ compensation, there is hereby transferred from the Wastewater Revenue Fund the sum of One Million Four Hundred Seventy Thousand Dollars ($1,470,000) to the Workers’ Compensation Fund. There is hereby appropriated and set apart out of the Workers’ Compensation Fund the sum of One Million Four Hundred Sixty-five Thousand Nine Hundred Ninety-two Dollars ($1,465,992). TOTAL GENERAL FUND, WATER BACK-UP, AND WORKERS’ COMPENSATION BUDGET $187,883,826 STORMWATER OPERATIONS, MAINTENANCE, ADMINISTRATION AND CONSTRUCTION IMPROVEMENT FUNDS Section Six – For the purpose of providing Stormwater Operations, Maintenance, Administration, and Construction Improvements, there is hereby appropriated Sixteen Million One Hundred Ninety-two Thousand Eight Hundred Sixty Dollars ($16,192,860). Appropriations will be executed through the Stormwater Operations, Maintenance, Administration and Construction Improvement Funds as follows: Section Six (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 Five Million Thirty-four Thousand Eight Hundred One Dollars ($5,034,801) and from the Stormwater Revenue Fund the sum of Nine Hundred Forty-four Thousand Nine Hundred Ninety-six Dollars ($944,996). There is hereby appropriated and set apart out of the District Wide Stormwater Fund the sum of Six Million Four Hundred Sixty-eight Thousand Eighty-four Dollars ($6,468,084) for use by the Executive Director in contracting for work or repairs. Section Six (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 Ten Million Two Hundred Twenty Thousand Two Hundred Forty-three Dollars ($10,220,243) There is hereby appropriated and set apart out of the Stormwater and Maintenance, Operations and Construction Improvement Fund the sum of Six Million Six Hundred Seventy-nine Thousand Seven Hundred Seventy-six Dollars ($6,679,776) for use by the Executive Director in contracting for work or repairs. Section Six (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 Eighteen Thousand Nine Hundred Eighty-four Dollars ($318,984) for use by the Executive Director in contracting for work or repairs. Section Six (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 Twenty Thousand Eight Hundred Forty-four Dollars ($20,844) for use by the Executive Director in contracting for work or repairs. Section Six (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 Four Hundred Forty- eight Thousand One Hundred Forty Dollars ($448,140) for use by the Executive Director in contracting for work or repairs. Section Six (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 Seventy-four Thousand Seven Hundred Twenty-four Dollars ($74,724) for use by the Executive Director in contracting for work or repairs. Section Six (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 Three Hundred Ninety- six Thousand Three Hundred Seventy-two Dollars ($396,372) for use by the Executive Director in contracting for work or repairs. Section Six (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 Seventy- three Thousand Sixty-eight Dollars ($73,068) for use by the Executive Director in contracting for work or repairs. Section Six (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 Five Hundred Forty-four Thousand Six Hundred Ninety-two Dollars ($544,692) for use by the Executive Director in contracting for work or repairs. Section Six (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 Eight Thousand Sixty-four Dollars ($8,064) for use by the Executive Director in contracting for work or repairs. Section Six (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 Three Hundred Seventy-two Thousand Seven Hundred Forty-four Dollars ($372,744) for use by the Executive Director in contracting for work or repairs. Section Six (12) – 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 Eleven Thousand Three Hundred Eighty-eight Dollars ($11,388) for use by the Executive Director in contracting for work or repairs. Section Six (13) – 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 Seventy Thousand Eight Hundred Seventy-two Dollars ($70,872) for use by the Executive Director in contracting for work or repairs. Section Six (14) – 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 Nine Thousand Six Hundred Eighty-four Dollars ($9,684) for use by the Executive Director in contracting for work or repairs. Section Six (15) – 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 Eighty-eight Thousand One Hundred Seventy-six Dollars ($88,176) for use by the Executive Director in contracting for work or repairs. Section Six (16) – 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 Twenty-five Thousand Eight Hundred Forty-four Dollars ($425,844) for use by the Executive Director in contracting for work or repairs. Section Six (17) – 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 One Hundred Eighteen Thousand Nine Hundred Thirty-two Dollars ($118,932) for use by the Executive Director in contracting for work or repairs. Section Six (18) – 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 Sixty-two Thousand Four Hundred Seventy-two Dollars ($62,472) for use by the Executive Director in contracting for work or repairs. TOTAL OMCI BUDGET $ 16,192,860 EMERGENCY WORK OR REPAIR FUNDS Section Seven – 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 Eight – 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 Nine – 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, 2014 and ending June 30, 2015, there is hereby transferred from the Wastewater Revenue Fund to the Wastewater Revenue Bond Service Funds the total sum of Sixty-six Million Seven Hundred Thirteen Thousand Ninety-one Dollars ($66,713,091). Appropriations will be executed through the Debt Service Funds as follows for total District principal and interest falling due on outstanding revenue bonds, including any new issues planned during the fiscal year, and banking fees relating to the debt: Section Nine (1) – Wastewater Principal and Interest Bond 2004A – Fund (2804) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2804 the sum of Twenty-four Million Six Hundred Four Thousand One Hundred Sixteen Dollars ($24,604,116). Section Nine (2) – Wastewater Principal and Interest Bond 2006C – Fund (2808) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2808 the sum of Two Million Nine Hundred Four Thousand Three Hundred Fifty Dollars ($2,904,350). Section Nine (3) – Wastewater Principal and Interest Bond 2008A – Fund (2810) 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-four Thousand Seven Hundred Eighty-five Dollars ($1,634,785). Section Nine (4) – Wastewater Principal and Interest Bond 2010B – Fund (2812) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2812 the sum of Three Million Three Hundred Sixty-three Thousand Two Hundred Twenty-six Dollars ($3,363,226). Section Nine (5) – Wastewater Principal and Interest Bond 2011B – Fund (2816) 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 Six Hundred Fifty Dollars ($3,880,650). Section Nine (6) – Wastewater Principal and Interest Bond 2012A – Fund (2817) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2817 the sum of Ten Million Five Hundred Fifty-six Thousand Five Hundred Seventy- five Dollars ($10,556,575). Section Nine (7) – Wastewater Principal and Interest Bond 2012B – Fund (2818) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2818 the sum of Eight Million Nine Hundred Four Thousand Eight Hundred Thirteen ($8,904,813). Section Nine (8) – Wastewater Principal and Interest Bond 2013B – Fund (2819) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2819 the sum of Seven Million One Hundred Fourteen Thousand Five Hundred Twenty-five Dollars ($7,114,525). Section Nine (9) – Wastewater Principal and Interest Proposed Fund There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Proposed Fund the sum of Three Million Seven Hundred Fifty Thousand Dollars ($3,750,000). TOTAL DEBT SERVICE BUDGET $ 66,713,039 TOTAL DISTRICT BUDGET APPROPRIATIONS $271,289,725 Less: Inter-fund Services for Stormwater Operations ($ 16,192,860) *(Reported as required by General Accounting Standards Board (GASB) Statement #34 NET DISTRICT BUDGET APPROPRIATIONS $255,096,865 WASTEWATER CONSTRUCTION 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-eight Million Four Hundred Seventy-one Thousand Seven Hundred Dollars ($28,471,700). The foregoing Ordinance was adopted on June 12, 2014. SUMMARY OF APPROPRIATIONS FISCAL YEAR 2015 Operating Budget District General Fund $182,817,586 District Water Backup Insurance and Reimbursement Fund 3,600,248 District Workers’ Compensation Fund 1,465,992 OMCI Funds 16,192,860 TOTAL OPERATING BUDGET $204,076,686 TOTAL EMERGENCY WORK OR REPAIR BUDGET 500,000 TOTAL DEBT SERVICE BUDGET $ 66,713,039 TOTAL DISTRICT APPROPRIATIONS $271,289,725 Less: Inter-fund Services for Stormwater Operations ($ 16,192,860) NET DISTRICT APPROPRIATIONS $255,096,865 * Reported as required per General Accounting Standards Board (GASB) Statement # 34