Loading...
HomeMy Public PortalAboutR3307RESOLUTION NO. 3307 A RESOLUTION, transferring unencumbered appropriated balances totaling Four Million Fifty Thousand Dollars ($4,050,000) from the General Fund #1101 to the Water Backup Fund #4104; and Six Hundred Seventy Two Thousand Dollars ($672,000) from the General Fund #1101 to the General Insurance Fund #4105; and One Hundred Twenty Four Thousand Dollars ($124,000) from the Coldwater Creek OMCI Fund #5564 and Sixty One Thousand ($61,000) from the Creve Coeur OMCI Fund #5565 and Twenty One Thousand ($21,000) from the Fountain Creek OMCI Fund #5569 and Two Hundred Sixty Two Thousand ($262,000) from the Watkins Creek OMCI Fund #5587 and Two Hundred Twenty Six Thousand ($226,000) from the Black Creek Subd #455 OMCI Fund #5594 transferred to the Stormwater Regulatory Fund #5110 in the amount of Three Hundred and Thirty Five Thousand Dollars ($335,000) and the Stormwater Operations and Maintenance Fund #5130 in the amount of Three Hundred and Fifty Nine Thousand Dollars ($359,000). NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT that: The foregoing Resolution was adopted on October 13, 2016. The following amounts are available for a transfer of appropriations: Fund Description Fund Major Account Code Amount Reason General Fund 1101 51000 - Personnel Services 2,400,000$ Personnel Expenses finished the year under budget General Fund 1101 52000 - Supplies 500,000$ Supplies Expenses finished the year under budget General Fund 1101 54000 - Contractual Services 1,722,000$ Contractual Services finished the year under budget General Fund 1101 55000 - Capital Outlay 100,000$ Capital Outlay finished the year under budget Total Available for Funds Transfer 4,722,000$ The following amounts are additional appropriations needed: Fund Description Fund Major Account Code Amount Reason Water Backup Fund 4104 54000 - Contractual Services 4,050,000$ Increased backups caused by heavy rain in December General Insurance Fund 4105 54000 - Contractual Services 672,000$ To cover the additional costs of December flooding Total Funds Needed 4,722,000$ The following amounts are available for a transfer of appropriations: Fund Description Fund Major Account Code Amount Reason Coldwater Creek OMCI Fund 5564 59200 - Stormwater O&M Expenses 124,000$ Stormwater O&M expenses were under budget in the Coldwater Creek District Creve Coeur Frontenac OMCI Fund 5565 59200 - Stormwater O&M Expenses 61,000$ Stormwater O&M expenses were under budget in the Creve Couer Frontenac District Fountain Creek OMCI Fund 5569 59200 - Stormwater O&M Expenses 21,000$ Stormwater O&M expenses were under budget in the Fountain Creek District Watkins Creek OMCI Fund 5587 59200 - Stormwater O&M Expenses 262,000$ Stormwater O&M expenses were under budget in the Watkins Creek District Black Creek Subd #455 OMCI Fund 5594 59200 - Stormwater O&M Expenses 226,000$ Stormwater O&M expenses were under budget in the Black Creek District Total Available for Funds Transfer 694,000$ The following amounts are additional appropriations needed: Fund Description Fund Major Account Code Amount Reason Stormwater Regulatory Fund 5110 59200 - Stormwater O&M Expenses 335,000$ Additional work orders were performed in this District Stormwater Operations and Maintenance Fund 5130 59200 - Stormwater O&M Expenses 359,000$ Additional work orders were performed in this District Total Funds Needed 694,000$