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HomeMy Public PortalAbout15420 Budget Appropriations Ord FY21FY21 BUDGET ORDINANCE NO. 15420 AN ORDINANCE, repealing and superseding Ordinance No. 15170 adopted June 13, 2019, 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, 2020 and ending June 30, 2021, amounting in the aggregate to Three Hundred Forty-two Million Two Hundred Thirty-seven Thousand One Hundred Thirty-nine Dollars ($342,237,139) to pay interest falling due on bonds issued, the costs of support, operation, and maintenance of the District and its various subdistricts, and emergencies, and shall state the District’s objectives for the succeeding five years and include objective targets by which to measure the District’s performance in meeting these objectives in accordance with the requirements of this Proposed Ordinance to be introduced May 14, 2020. 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 Four Hundred Thirty-two Million Nine Hundred Eighty-three Thousand Eight Hundred Ninety-one Dollars ($432,983,891) 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 General Insurance 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, 2020, and ending June 30, 2021. WASTEWATER USER CHARGE REVENUE $432,983,891 EXPENSE APPROPRIATIONS Section Two – General Fund. There is hereby transferred from the Wastewater Revenue Fund the sum of One Hundred Seventy-six Million Five Hundred Eight Thousand Seven Hundred Nineteen Dollars ($176,508,719). There is hereby appropriated and set apart out of the General Fund of the District the sum of One Hundred Seventy-six Million Three Hundred Twenty- nine Thousand Two Hundred Fifty-one Dollars ($176,329,251) for the support, operation and maintenance of several departments, Board, Civil Service Commission, Rate Commission and other lawful activities of the District. SECTION TWO APPROPRIATIONS $176,329,251 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 Ten Million Dollars ($10,000,000) 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 Nine Hundred Twenty-three Thousand Seven Hundred Dollars ($4,923,700). SECTION THREE APPROPRIATIONS $4,923,700 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 Six Million Eight Hundred Eighteen Thousand Four Hundred Dollars ($6,818,400). SECTION FOUR APPROPRIATIONS $6,818,400 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 Forty-two Thousand Five Hundred Ninety-five Dollars ($42,595). SECTION FIVE APPROPRIATIONS $42,595 Section Six – For the purpose of providing Stormwater Operations, Maintenance, Administration, and Construction Improvements, there is hereby appropriated Twenty-five Million One Hundred Sixty Thousand One Hundred Seventeen Dollars ($25,160,117). 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 Five Million Seven Hundred Seven Thousand Sixty-seven Dollars ($5,707,067) 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 Eighteen Million Two Hundred Twenty-seven Thousand Seven Hundred Ninety-six Dollars ($18,227,796) for use by the Executive Director. Section Six (3) – 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 Eleven Thousand Seven Hundred Seventeen Dollars ($11,717) for use by the Executive Director. Section Six (4) – Coldwater Creek 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 Creek OMCI Fund the sum of One Hundred Thirty Thousand Six Hundred Thirty-three Dollars ($130,633) for use by the Executive Director. Section Six (5) – 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 Eight Thousand Eight Hundred Forty- seven Dollars ($8,847) for use by the Executive Director. Section Six (6) – 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 Six Hundred Forty-five Thousand One Hundred Thirty-three Dollars ($645,133) for use by the Executive Director. Section Six (7) – 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 Forty-one Thousand Six Hundred Six Dollars ($41,606) for use by the Executive Director. Section Six (8) – 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 Six Thousand Nine Hundred Thirty-four Dollars ($6,934) 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 Thirty-five Thousand Two Hundred One Dollars ($35,201) 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-six Thousand Three Hundred Nine Dollars ($76,309) 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 Two Hundred Twenty-nine Thousand Four Hundred Forty-eight Dollars ($229,448) 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 Thirty-five Thousand Nine Hundred Eighty-three Dollars ($35,983) for use by the Executive Director. Section Six (13) – 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 Thousand Four Hundred Forty-three Dollars ($3,443) for use by the Executive Director. SECTION SIX APPROPRIATIONS $25,160,117 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 Five Hundred Thousand Dollars ($500,000). 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, 2020 and ending June 30, 2021, there is hereby transferred from the Wastewater Revenue Fund to the Wastewater Revenue Bond Service Funds the total sum of One Hundred Nineteen Million Nine Hundred Seventy-five Thousand One Hundred Seven-two Dollars ($119,975,172). 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-three Million Nine Hundred Seventy-eight Thousand Four Hundred Dollars ($23,978,400). 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 Forty-three Thousand Five Hundred Dollars ($3,343,500). 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 Two Million Nine Hundred Two Thousand Three Hundred Dollars ($2,902,300). 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 Seven Million One Hundred Forty-three Thousand Dollars ($7,143,000). 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 Five Million Seven Hundred Forty-one Thousand Nine Hundred Dollars ($5,741,900). 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 Five Million Two Hundred Eighty-six Thousand Two Hundred Dollars ($5,286,200). 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 Two Hundred Thousand Three Hundred Dollars ($3,200,300). 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 Five Hundred Seventy-three Thousand Eight Hundred Dollars ($4,573,800). 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 Twelve Million Two Hundred Thirty-six Thousand One Hundred Dollars ($12,236,100). 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 One Million One Hundred Eighty-three Thousand Two Hundred Dollars ($1,183,200). 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 Four Million Four Hundred Fifty-nine Thousand Two Hundred Dollars ($4,459,200). 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-six Thousand Eight Hundred Dollars ($9,546,800). Section Nine (13) – Wastewater Principal and Interest Bond 2017A – Fund (2826) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2826 the sum of Eighteen Million Nine Hundred Sixty Thousand Eight Hundred Dollars ($18,960,800). Section Nine (14) – 2018A WIFIA – Principal and Interest – WW – Fund (2827) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2827 the sum of Three Hundred Fifty-two Thousand Four Hundred Dollars ($352,400). Section Nine (15) – 2018B SRF – Principal and Interest – WW – Fund (2828) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2828 the sum of Three Hundred Fifty-six Thousand Three Hundred Dollars ($356,300). Section Nine (16) – 2019A SRF – Principal and Interest – WW – Fund (2829) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2829 the sum of Two Hundred Thirty-four Thousand Seven Hundred Dollars ($234,700). Section Nine (17) – 2019B SRF – Principal and Interest – WW – Fund (2830) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2830 the sum of Three Million Four Hundred Forty-one Thousand Five Hundred Dollars ($3,441,500). Section Nine (18) – 2019C SRF – Principal and Interest – WW – Fund (2831) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2831 the sum of Nine Million Eight Hundred Twenty-five Thousand Dollars ($9,825,000). Section Nine (19) – 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 Two Hundred Nine Thousand Seven Hundred Seventy-two Dollars ($3,209,772). SECTION NINE APPROPRIATIONS $119,975,172 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 One Hundred Twenty Million Dollars ($120,000,000). There is hereby appropriated and set apart out of the Sanitary Replacement Fund the sum of Eight Million Nine Hundred Eighty-seven Thousand Nine Hundred Five Dollars ($8,987,905) for use by the Executive Director for internal labor costs associated with projects appropriated in this fund. SECTION TEN APPROPRIATIONS $8,987,905 TOTAL DISTRICT BUDGET APPROPRIATIONS $342,237,140 SUMMARY OF APPROPRIATIONS FY21 Fund(s) Appropriation General Fund $176,329,251 Water Backup Insurance and Reimbursement Fund 4,923,700 General Insurance Fund 6,818,400 Improvement Fund 42,595 Stormwater Funds 23,934,863 OMCI Funds 1,225,254 Debt Service Funds 119,975,172 Sanitary Replacement Fund 8,987,905 Total District Appropriations $342,237,140 The foregoing Ordinance was adopted on June 11, 2020.