HomeMy Public PortalAboutR3699 FIN FY21 Year-end Interfund Transfers of Available AppropriationsRESOLUTION NO. 3699
A RESOLUTION, transferring unencumbered appropriated balances totaling Ten
Million Three Hundred Eighty-Six Thousand Nine Hundred Eighty-Eight Dollars
($10,386,988.00) from the 2020B Project Bond Fund #6833, Water Backup Fund #4104, and the
Districtwide Stormwater Fund #5120 to the 2004B SRF - Principle & Interest - WW Fund #2804,
2011B SR Rev Bond - Principle & Interest – WW Fund #2816, 2013A SRF - Principle & Interest
– WW Fund #2820, 2015A SRF - Principle & Interest – WW Fund # 2821, 2019B SR Rev Bond
- Principle & Interest – WW Fund #2830, 2019C SR Ref Taxable Rev Bond - Principle & Interest
– WW Fund #2831, 2021C SR Ref Rev Bond - Principle & Interest – WW Fund #2836, General
Insurance Fund #4105, Watkins Creek OMCI Fund #5587, Wellston OMCI Fund #5589,
Stormwater Regulatory Fund #5110, Maline Creek OMCI Fund #5576, Black Creek Subd. #455
OMCI Fund #5594, Improvement Fund #4102, and the Wastewater Emergency Fund #4122 to
allow for the proper classification of expenses in the District’s year-end financial statements.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF
THE METROPOLITAN ST. LOUIS SEWER DISTRICT that:
Section One: That the total sum of Ten Million Three Hundred Eighty-Six
Thousand Nine Hundred Eighty-Eight Dollars ($10,386,988.00) of unencumbered appropriations
is hereby transferred from the funds and in the amounts as indicated in the following table.
The following amounts are available for a transfer of appropriations:
The foregoing Resolution was adopted on September 9, 2021.
Fund Cost Center Natural Account Business Line Amount
(xxxx) (xxxxx) (xxxxx) (xxxxx)
6833 00202 58051 - Premium on Bond Issuance 00 $ 9,705,300
4104 00105 54900 - Water Backup Costs 00 $ 460,000
5120 00109 59205 - SW CIRP Interfund Labor 00 $ 200
5120 00109 59205 - SW CIRP Interfund Labor 00 $ 221,488
Total Transfer From: $10,386,988
That the total sum of Ten Million Three Hundred Eighty-Six Thousand Nine
Hundred Eighty-Eight Dollars ($10,386,988.00) of unencumbered appropriations is hereby
transferred to the funds and in the amounts as indicated in the following table.
The following amounts are additional appropriations needed:
Fund Cost Center Natural Account Business Line
(xxxx) (xxxxx) (xxxxx) (xxxxx) Amount
2804 00202 58020 - Interest Payments 00 $ 37,000
2816 00202 58030 - Agent Fees 00 $ 200
2820 00202 58030 - Agent Fees 00 $ 7,000
2821 00202 58030 - Agent Fees 00 $ 10,000
2830 00202 58030 - Agent Fees 00 $ 1,000
2831 00202 58020 - Interest Payments 00 $ 100
2836 00202 58081 - Repayment to refunding Escrow Agent 00 $ 9,650,000
4105 00103 54400 - Judgments & Claims Settlements 00 $ 460,000
5587 00205 54455 - Commission Fee - St. Louis County 00 $ 100
5589 00205 54455 - Commission Fee - St. Louis County 00 $ 100
5110 00109 59205 - SW CIRP Interfund Labor 20 $ 33,772
5576 00109 59205 - SW CIRP Interfund Labor 20 $ 60,454
5587 00109 59205 - SW CIRP Interfund Labor 20 $ 6,452
5594 00109 59205 - SW CIRP Interfund Labor 20 $ 11,511
4102 00109 59206 - WW CIRP Interfund Labor 10 $ 43,056
4122 00109 59206 - WW CIRP Interfund Labor 10 $ 66,243
Total Transfer To: $10,386,988