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HomeMy Public PortalAbout14392 Proposed FY17 BudgetORDINANCE NO. 14392 AN ORDINANCE, repealing and superseding Ordinance No. 14117 adopted June 18, 2015, and making appropriations for the current expenses of the District in the General Fund, the Water Backup Insurance and Reimbursement Fund, the General Insurance 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, 2016 and ending June 30, 2017, amounting in the aggregate to Two Hundred Ninety-five Million Three Hundred Sixty-one Thousand Four Hundred Eighty-six Dollars ($295,361,486) 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 12, 2016. 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 Three Hundred Thirty-eight Million Four Hundred Eighteen Thousand Eight Hundred Ninety-one Dollars ($338,418,891) 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, General Insurance 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, 2016, and ending June 30, 2017. WASTEWATER USER CHARGE REVENUE $338,418,891 EXPENSE APPROPRIATIONS Section Two – General Fund. There is hereby transferred from the Wastewater Revenue Fund the sum of One Hundred Fifty-eight Million Two Hundred Ninety-four Thousand Nine Hundred Ninety-five Dollars ($158,294,995). There is hereby appropriated and set apart out of the General Fund of the District the sum of One Hundred Fifty-eight Million Three Hundred Eighty-six Thousand Thirty-two Dollars ($158,386,032) for the support, operation and maintenance of several departments, Board, Civil Service Commission, and other lawful activities of the District. SECTION TWO APPROPRIATIONS $158,386,032 Section Three – 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 Six Million Six Hundred Thousand Dollars ($6,600,000) 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 One Hundred Ninety-six Thousand Eight Hundred Dollars ($3,196,800). SECTION THREE APPROPRIATIONS $3,196,800 Section Four – General Insurance Fund. For the purpose of providing workers’ compensation, property insurance, general liability insurance, auto liability insurance and flood insurance there is hereby transferred from the Wastewater Revenue Fund the sum of Six Million Dollars ($6,000,000) to the General Insurance Fund. There is hereby appropriated and set apart out of the General Insurance Fund the sum of Five Million Six Hundred Forty-nine Thousand Dollars ($5,649,000). SECTION FOUR APPROPRIATIONS $5,649,000 Section Five – Improvement Fund. For the purpose of providing for the cost of improvements there is hereby appropriated and set apart out of the Improvement Fund the sum of Seventy-five Thousand Dollars ($75,000). SECTION FIVE APPROPRIATIONS $75,000 Section Six. – For the purpose of providing Stormwater Operations, Maintenance, Administration, and Construction Improvements, there is hereby appropriated Twenty-two Million One Hundred Ninety-five Thousand Seven Hundred Fifty-five Dollars ($22,195,755). Appropriations will be executed through the Stormwater Operations, Maintenance, Administration and Construction Improvement Funds as follows: Section Six (1) – Stormwater Regulatory Fund (5110). For the purpose of providing for operations, maintenance, administration, and construction Improvement, there is hereby transferred from the General Fund to the Stormwater Regulatory Fund the sum of Five Million Forty-nine Thousand Three Hundred Fifty-one Dollars ($5,049,351). There is hereby appropriated and set apart out of the Stormwater Regulatory Fund the sum of Four Million Ninety-two Thousand Four Hundred Eight Dollars ($4,092,408) for use by the Executive Director. Section Six (2) – Districtwide Stormwater Fund (5120). For the purpose of providing for operations, maintenance, administration, and construction Improvement, there is hereby appropriated and set apart out of the Districtwide Stormwater Fund the sum of Nine Million One Hundred Twenty-five Thousand One Hundred Twenty-one Dollars ($9,125,121) for use by the Executive Director. Section Six (3) – Stormwater and Maintenance, Operations and Construction Improvement Fund (5130). There is hereby appropriated and set apart out of the Stormwater and Maintenance, Operations and Construction Improvement Fund the sum of Six Million Three Hundred Seventy-eight Thousand Five Hundred Twenty-eight Dollars ($6,378,528) for use by the Executive Director. 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 Ten Thousand Dollars ($10,000) for use by the Executive Director. 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 Six Hundred Thirteen Thousand Three Hundred Forty-eight Dollars ($613,348) for use by the Executive Director. 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 Two Hundred Twenty- four Thousand Seven Hundred Thirteen Dollars ($224,713) for use by the Executive Director. 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 One Million Dollars ($1,000,000) for use by the Executive Director. 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 Forty Thousand Eight Hundred Thirty-five Dollars ($40,835) for use by the Executive Director. 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 Four Hundred Thousand Eight Hundred Two Dollars ($400,802) for use by the Executive Director. Section Six (10) – 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 One Hundred Thousand Dollars ($100,000) for use by the Executive Director. Section Six (11) – 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 Twenty-five Thousand Dollars ($25,000) for use by the Executive Director. Section Six (12) – 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 Ten Thousand Dollars ($10,000) for use by the Executive Director. Section Six (13) – 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 Twenty-five Thousand Dollars ($25,000) for use by the Executive Director. Section Six (14) – 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 One Hundred Thousand Dollars ($100,000) for use by the Executive Director. Section Six (15) – 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 Fifty Thousand Dollars ($50,000) for use by the Executive Director. SECTION SIX APPROPRIATIONS $22,195,755 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 Forty Thousand Dollars ($40,000) for use by the Executive Director in contracting for emergency work or repairs. SECTION SEVEN APPROPRIATIONS $40,000 Section Eight – Stormwater Emergency Fund. For the purpose of providing for emergency work or repairs requiring prompt attention, there is hereby transferred from the Districtwide Stormwater Fund (5120) 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 Zero Dollars ($0) for use by the Executive Director in contracting for emergency work or repairs. SECTION EIGHT APPROPRIATIONS $ 0 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, 2016 and ending June 30, 2017, there is hereby transferred from the Wastewater Revenue Fund to the Wastewater Revenue Bond Service Funds the total sum of Ninety-seven Million Two Hundred Seventy-three Thousand Eight Hundred Ninety-six Dollars ($97,273,896). 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 Two Hundred Ninety-one Thousand Four Hundred Dollars ($24,291,400). Section Nine (2) – 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 Fifty-three Thousand Nine Hundred Dollars ($3,353,900). Section Nine (3) – 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 Fifty-eight Thousand Three Hundred Dollars ($3,858,300). Section Nine (4) – 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 Fifteen Million Six Hundred Fifty-four Thousand Two Hundred Dollars ($15,654,200). Section Nine (5) – 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 Nine Million One Hundred Ninety Thousand Seven Hundred Dollars ($9,190,700). Section Nine (6) – 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 Ten Million Ninety-two Thousand Two Hundred Dollars ($10,092,200). Section Nine (7) – Wastewater Principal and Interest Bond 2013A – Fund (2820). There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Proposed Fund the sum of Three Million Three Hundred Ninety-seven Thousand Two Hundred Dollars ($3,397,200). Section Nine (8) – Wastewater Principal and Interest Bond 2015A – Fund (2821). There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2821 the sum of Four Million Two Thousand Dollars ($4,002,000). Section Nine (9) – Wastewater Principal and Interest Bond 2015B – Fund (2822). There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2822 the sum of Thirteen Million Five Hundred Thirty-eight Thousand Nine Hundred Dollars ($13,538,900). Section Nine (10) – 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 Nine Million Eight Hundred Ninety-five Thousand Ninety-six Dollars ($9,895,096). SECTION NINE APPROPRIATIONS $97,273,896 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 Seventy Million Dollars ($70,000,000). There is hereby appropriated and set apart out of the Sanitary Replacement Fund the sum of Eight Million Five Hundred Forty-five Thousand Three Dollars ($8,545,003) for use by the Executive Director for internal labor costs associated with projects appropriated in this fund. SECTION TEN APPROPRIATIONS $8,545,003 TOTAL DISTRICT BUDGET APPROPRIATIONS $295,361,486 SUMMARY OF APPROPRIATIONS FISCAL YEAR 2017 Fund(s) Appropriation General Fund $158,386,032 Water Backup Insurance and Reimbursement Fund 3,196,800 General Insurance Fund 5,649,000 Improvement Fund 75,000 OMCI Funds 22,195,755 Emergency Funds 40,000 Debt Service Funds 97,273,896 Sanitary Replacement Fund 8,545,003 Total District Appropriations $295,361,486 The foregoing ordinance was adopted on June 9, 2016.