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HomeMy Public PortalAbout15671 Budget Ordinance FY22FY22 BUDGET ORDINANCE NO. 15671 AN ORDINANCE, repealing and superseding Ordinance No. 15420, adopted June 11, 2020, 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, 2021 and ending June 30, 2022, amounting in the aggregate to Three Hundred Fifty-eight Million One Hundred Forty-five Thousand Five Hundred Ninety-five Dollars ($358,145,595) 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 13, 2021. 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-six Million Five Hundred Ninety- seven Thousand Nine Hundred Ninety-nine Dollars ($436,597,999) 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, 2021, and ending June 30, 2022. WASTEWATER USER CHARGE REVENUE $436,597,999 EXPENSE APPROPRIATIONS Section Two – General Fund. There is hereby transferred from the Wastewater Revenue Fund the sum of One Hundred Eighty-nine Million Five Hundred Twenty-six Thousand Twelve Dollars ($189,526,012). There is hereby appropriated and set apart out of the General Fund of the District the sum of One Hundred Seventy-six Million One Hundred Forty-three Thousand Three Hundred Ninety-eight Dollars ($176,143,398) 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 $176,143,398 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 Three Million Five Hundred Thousand Dollars ($3,500,000) 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 Five Million Dollars ($5,000,000). SECTION THREE APPROPRIATIONS $ 5,000,000 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 Nine Million Dollars ($9,000,000) to the General Insurance Fund. There is hereby appropriated and set apart out of the General Insurance Fund the sum of Eight Million One Hundred Seventy-three Thousand Five Hundred Thirteen Dollars ($8,173,513). SECTION FOUR APPROPRIATIONS $ 8,173,513 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 Twenty-four Thousand Eight Hundred Ninety-three Dollars ($24,893). SECTION FIVE APPROPRIATIONS $ 24,893 Section Six – For the purpose of providing Stormwater Operations, Maintenance, Administration, and Construction Improvements, there is hereby appropriated Twenty-seven Million Three Hundred Eight Thousand One Hundred Forty-six Dollars ($27,308,146). Appropriations will be executed through the Stormwater and Operations, Maintenance, 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 Nine Hundred Sixteen Thousand Two Hundred Twenty-four Dollars ($5,916,224) 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 Twenty Million Eighty-three Thousand Three Hundred Twenty-two Dollars ($20,083,322) 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 One hundred Fifty-four Thousand Three Hundred Twenty-four Dollars ($154,324) 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 Eighty-six Thousand Two Hundred Ninety-eight Dollars ($186,298) 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 Three Hundred Thirty-six Dollars ($8,336) 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 Five Hundred Seventy Thousand Three Hundred Fifty-two Dollars ($570,352) 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 Sixty-seven Thousand Six Hundred Forty-nine Dollars ($67,649) 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 Five Hundred Thirty-three Dollars ($6,533) 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-eight Thousand Sixty-four Dollars ($38,064) 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 Sixty-One Thousand Four Hundred Twenty-six Dollars ($61,426) for use by the Executive Director. • Section Six (11) – University City Branch 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 Seventy-two Thousand Nine Hundred Thirty-one Dollars ($172,931) for use by the Executive Director. • Section Six (12) – Seminary Branch 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-nine Thousand Four Hundred Forty-three Dollars ($39,443) 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 Two Hundred Forty-four Dollars ($3,244) for use by the Executive Director. SECTION SIX APPROPRIATIONS $ 27,308,146 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 One Million One Hundred Thousand Dollars ($1,100,000). 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, 2021 and ending June 30, 2022, there is hereby transferred from the Wastewater Revenue Fund to the Wastewater Revenue Bond Service Funds the total sum of One Hundred Twenty-six Million Four Hundred Seventy-one Thousand Nine Hundred Eighty-seven Dollars ($126,471,987) to be reallocated between said funds and, if necessary, the General Fund by the Executive Director to meet the changing requirements of the Debt Service Funds. 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 with allowances for redistribution of these appropriations among the Wastewater Revenue Bond Service Funds and, if necessary, the General Fund by the Executive Director to meet the changing requirements of the Debt Service Funds: • Section Nine (1) – 2004A SR Rev Bond Principal and Interest – WW – 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 Eighty-eight Thousand Four Hundred Dollars ($24,188,400). " Section Nine (2)  2010B SR Rev Bond  Principal and Interest - WW  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 Thirty-four Thousand Seven Hundred Dollars ($3,334,700). " Section Nine (3)  2011B SR Revenue Bond  Principal and Interest - WW  Fund (2816) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2816 the sum of Four Hundred Fifty-five Thousand Eight Hundred Dollars ($455,800). " Section Nine (4)  2012A SR Revenue Bond  Principal and Interest - WW  Fund (2817) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2817 the sum of Six Million Nine Hundred Thirty-one Thousand Dollars ($6,931,000). " Section Nine (5)  2012B SR Revenue Bond  Principal and Interest - WW  Fund (2818) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2818 the sum of Five Million Nine Hundred Seventeen Thousand Nine Hundred Dollars ($5,917,900). " Section Nine (6) - 2013B SR Revenue Bond  Principal and Interest - WW  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-four Thousand Six Hundred Dollars ($5,284,600). " Section Nine (7)  2013A SRF  Principal and Interest  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 Twelve Thousand Six Hundred Dollars ($3,212,600). " Section Nine (8)  2015A SRF  Principal and Interest  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 Ninety-five Thousand Nine Hundred Dollars ($4,595,900). " Section Nine (9)  2015B SR Revenue Bond  Principal and Interest - WW  Fund (2822) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2822 the sum of Eleven Million Three Hundred Twenty Thousand One Hundred Dollars ($11,320,100). " Section Nine (10)  2016A SRF  Principal and Interest  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-six Thousand Eight Hundred Dollars ($1,186,800). " Section Nine (11)  2016B SRF  Principal and Interest  WW 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 Seventy-three Thousand Nine Hundred Dollars ($4,473,900). " Section Nine (12)  2016C SR Revenue Bond  Principal and Interest - WW  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-three Thousand Six Hundred Dollars ($9,543,600). " Section Nine (13)  2017A SR Revenue Bond  Principal and Interest - WW  Fund (2826) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2826 the sum of Twenty Million Six Hundred Seven Thousand Eight Hundred Dollars ($20,607,800). " 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 Seven Hundred Ninety Thousand Seven Hundred Dollars ($790,700). " 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 Nine Hundred Fifty-two Thousand Four Hundred Dollars ($952,400). " 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 SR Rev Bond  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-four Thousand Eight Hundred Dollars ($3,444,800). " Section Nine (18)  2019C SR Ref Taxable Rev Bond  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-seven Thousand Four Hundred Dollars ($9,827,400). " Section Nine (19)  2020A SRF  Principal and Interest  WW  Fund (2832) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2832 the sum of One Hundred Seventy-six Thousand Dollars ($176,000). " Section Nine (20)  2020B SR Rev Bond - Principal and Interest  WW  Fund (2833) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2833 the sum of Seven Million Seven Hundred Ninety-seven Thousand Eight Hundred Dollars ($7,797,800). • Section Nine (21) – 2021A SRF – Principal and Interest – WW – Fund (2834) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2834 the sum of Four Hundred Sixty-four Thousand Two Dollars ($464,002) • Section Nine (22) – 2021B SRF – Principal and Interest – WW – Fund (2835) There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Fund Number 2835 the sum of One Million Two Hundred Seventy-five Thousand Nine Hundred Forty Dollars ($1,275,940) • Section Nine (23) – Proposed Principal and Interest Fund Bond 1 There is hereby appropriated and set apart out of the Wastewater Revenue Bond Service Proposed Fund the sum of Four Hundred Fifty-five Thousand One Hundred Forty-five Dollars ($455,145). SECTION NINE APPROPRIATIONS $126,471,987 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 Seven Million Dollars ($107,000,000). There is hereby appropriated and set apart out of the Sanitary Replacement Fund the sum of Eight Million Four Hundred Sixty-six Thousand One Hundred Seven Dollars ($8,466,107) for use by the Executive Director for internal labor costs associated with projects appropriated in this fund. SECTION TEN APPROPRIATIONS $ 8,466,107 TOTAL DISTRICT BUDGET APPROPRIATIONS $351,588,044 SUMMARY OF APPROPRIATIONS FY22 Fund(s) Appropriation General Fund $176,143,398 Water Backup Insurance and Reimbursement Fund 5,000,000 General Insurance Fund 8,173,513 Improvement Fund 24,893 Stormwater & OMCI Funds 27,308,146 Emergency Funds 0 Debt Service Funds 126,471,987 Sanitary Replacement Fund 8,466,107 Total District Appropriations $351,588,044 The foregoing Ordinance was adopted on June 10, 2021.