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HomeMy Public PortalAbout14683 Budget Ordinance FY18ORDINANCE NO. 14683 AN ORDINANCE, repealing and superseding Ordinance No. 14392 adopted June 9, 2016, 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, 2017 and ending June 30, 2018, amounting in the aggregate to Three Hundred Nine Million One Hundred Sixty Thousand Three Hundred Sixty-One Dollars ($309,160,361) 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 11, 2017. 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 Fifty-Nine Million Thirty-Nine Thousand Twenty-Five Dollars ($359,039,025) 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, 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, 2017, and ending June 30, 2018. WASTEWATER USER CHARGE REVENUE $359,039,025 EXPENSE APPROPRIATIONS Section Two – General Fund. There is hereby transferred from the Wastewater Revenue Fund the sum of One Hundred Eighty-six Million Two Hundred Fifty-Nine Thousand Six Hundred Seventy-Five Dollars ($186,259,675). There is hereby appropriated and set apart out of the General Fund of the District the sum of One Hundred Sixty-Three Million Four Hundred Ninety-Three Thousand Eight Hundred Thirty-Six Dollars ($163,493,836) for the support, operation and maintenance of several departments, Board, Civil Service Commission, and other lawful activities of the District. SECTION TWO APPROPRIATIONS $163,493,836 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 Eight Hundred One Thousand Three Hundred Dollars ($3,801,300). SECTION THREE APPROPRIATIONS $3,801,300 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 appropriated and set apart out of the General Insurance Fund the sum of Five Million Eight Hundred Twenty-Five Thousand Five Hundred Dollars ($5,825,500). SECTION FOUR APPROPRIATIONS $5,825,500 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 Fifty Thousand Dollars ($50,000). SECTION FIVE APPROPRIATIONS $50,000 Section Six – For the purpose of providing Stormwater Operations, Maintenance, Administration, and Construction Improvements, there is hereby appropriated Nineteen Million Three Hundred Eighty Thousand Three Hundred Seventy-Five Dollars ($19,380,375). 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 appropriated and set apart out of the Stormwater Regulatory Fund the sum of Four Million Three Hundred Twenty-Six Thousand One Hundred Three Dollars ($4,326,103) 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 Eight Million Three Hundred Ninety-Four Thousand Three Hundred Ninety Dollars ($8,394,390) 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 Five Million Six Hundred Seventeen Thousand Four Hundred Three Dollars ($5,617,403) 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 Two Hundred Thousand Dollars ($200,000) 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 Fifty Thousand Dollars ($50,000) 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 Two Hundred Thousand Dollars ($200,000) for use by the Executive Director. Section Six (8) – 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 Thousand Dollars ($200,000) for use by the Executive Director. Section Six (9) – 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 Twenty-Two Thousand Four Hundred Eighty Dollars ($122,480) for use by the Executive Director. Section Six (10) – 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 Seventy-Five Thousand Dollars ($75,000) for use by the Executive Director. Section Six (11) – 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 Twenty-Five Thousand Dollars ($125,000) for use by the Executive Director. Section Six (12) – 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 Ten Thousand Dollars ($10,000) for use by the Executive Director. Section Six (13) – 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 Meramec River Basin OMCI Fund the sum of Fifty Thousand Dollars ($50,000) for use by the Executive Director. SECTION SIX APPROPRIATIONS $19,380,375 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 Zero Dollars ($0) for use by the Executive Director in contracting for emergency work or repairs. SECTION SEVEN APPROPRIATIONS $0 Section Eight – Stormwater Emergency Fund. For the purpose of providing for emergency work or repairs requiring prompt attention, 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, 2017 and ending June 30, 2018, there is hereby transferred from the Wastewater Revenue Fund to the Wastewater Revenue Bond Service Funds the total sum of One Hundred Seven Million Nine Hundred Twenty-Nine Thousand Three Hundred Fifty Dollars ($107,929,350). 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 One Hundred Ninety-Eight Thousand Two Hundred Dollars ($24,198,200). 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-Seven Thousand Six Hundred Dollars ($3,857,600). 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 Three Hundred Eighty-Nine Thousand Two Hundred Dollars ($15,389,200). 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 Three Hundred Forty-Seven Thousand One Hundred Dollars ($9,347,100). 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 Nine Million Nine Hundred Seventy-Nine Thousand Seven Hundred Dollars ($9,979,700). 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 Six Hundred Dollars ($3,397,600). 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 Eight Hundred Sixty-Two Thousand Four Hundred Dollars ($4,862,400). 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 Bond 2016A – Fund (2823) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2823 the sum of Eight Hundred Sixty-Four Thousand Nine Hundred Dollars ($864,900). Section Nine (11) – Wastewater Principal and Interest Bond 2016B – Fund (2824) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2824 the sum of One Million Three Hundred Twenty-Eight Thousand Nine Hundred Dollars ($1,328,900). Section Nine (12) – Wastewater Principal and Interest Bond 2016C – Fund (2825) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2825 the sum of Nine Million Five Hundred Forty-Seven Thousand Three Hundred Dollars ($9,547,300). Section Nine (13) – 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 Eight Million Two Hundred Sixty-Three Thousand Six Hundred Fifty Dollars ($8,263,650). SECTION NINE APPROPRIATIONS $107,929,350 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 Fifty-Eight Million Dollars ($58,000,000). There is hereby appropriated and set apart out of the Sanitary Replacement Fund the sum of Eight Million Six Hundred Eighty Thousand Dollars ($8,680,000) for use by the Executive Director for internal labor costs associated with projects appropriated in this fund. SECTION TEN APPROPRIATIONS $8,680,000 TOTAL DISTRICT BUDGET APPROPRIATIONS $309,160,361 SUMMARY OF APPROPRIATIONS FISCAL YEAR 2018 Fund(s) Appropriation General Fund $163,493,836 Water Backup Insurance and Reimbursement Fund 3,801,300 General Insurance Fund 5,825,500 Improvement Fund 50,000 OMCI Funds 19,380,375 Emergency Funds 0 Debt Service Funds 107,929,350 Sanitary Replacement Fund 8,680,000 Total District Appropriations $309,160,361 The foregoing Ordinance was adopted on June 8, 2017.