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Home My WebLink About2000 12 11 Consent F 2000 Water and Sewer Bond Issue Date: 12/11/2000 This Agenda Item was moved to the Regular Agenda as “L”. 'cVI /~j ~ l;,~' ../ } ./" Yc/W ?~~/ COMMISSION AGENDA ,<-., <:>,~ /'~\ X .;J /\'~ ,v' I .So(' ( ~ ? \ ' ITEM F December 11, 2000 Meeting CONSENT x " INFORMA TION1\L PUBLIC HE1,\J~lNG ,.,' IDEPT'--;;L -=:L- Authorization REQUEST: The Finance Department requests the City ommission approve a budget amendment to reflect the 2000 Water and Sewer Bond ssue and the establishment of a separate Arbor Special Revenue Fund. PURPOSE: The purpose of this agenda item' to request the City Commission: . approve proposed budget amendments to e 2000 Utility Construction Fund Budget for FY 01, and the Water and Sewer Operating udget for FY 01 in order to record the October 2000 Water and Sewer Bond Issue and . approve proposed budget amend me s to the General Fund Budget for FY 00 and FY 01, and the Arbor Special Revenue Fm Budget for FY 00 and FY 01 in order to establish a separate Arbor Special Revenue md. CONSIDERATIONS: . The City issued $6,969 91 in Water and Sewer Refunding Bonds in October 2000. This bond issue was not re ected in the FY 01 budget. The bond issue must be recorded along with the associated 30,165 decrease in Water and Sewer debt service cost for FY 01. . The City began n Arbor program in FY 00. The tree bank revenues were specifically designated for rbor improvements by the City Commission. Specifically designated revenues sho d be accounted for in a Special Revenue Fund. During FY 00 these revenues were includ in the General Fund and must be broken out into a Special Revenue Fund during our nnual closing of the books. Additionally, these revenues were budgeted in the General Fund in FY 01. Hence, budget amendments for the General Fund and the newly created Arbor Fund for both FY 00 and FY 01. FUNDING: FYOO FY 01 Record W &S Bond Issue Bond Revenues Bond Expenses and Other Uses Appropriation to Fund Balance Resulting Fund Balance $7,014,126 $4,806,177 $2,207,949 $2,156,144 Record Decrease in W &S Debt Service Debt Service Resulting Fund Balance ($ 230,165) $1,811,963 Establishment of the Arbor Fund Arbor Revenues Arbor Expenses Appropriation to Fund Balance Appropriation From Fund Balance Resulting Fund Balance $32,900 $ 7,479 $25,421 $55,000 $70,600 $25,421 ($15,600) $ 9,821 Remove Tree Revenues from General Fund Arbor Revenues Resulting Fund Balance ($ 25,000) $2,320,811 ($ 8,000) $2,312,811 RECOMMENDATION: City Commission approve proposed budget amendments to the 2000 Utility Constmction Fund Budget for FY 01, the Water and Sewer Operating Budget for FY 01, the General Fund Budget for FY 00 and FY 01, and the Arbor Special Revenue Fund Budget for FY 00 and FY 01 as detailed above and in the attached budget amendments. ATTACHMENTS: Copy of amended 2000 Utility Constmction Fund Budget, FY 01. Copy of amended Water and Sewer Operating Budget, FY 01. Copy of amended General Fund Budget, FY 00 and FY 0 I. Copy of amended Arbor Special Revenue Fund Budget, FY 00 and FY 01. Summary of Financing - Water and Sewer Refunding Revenue Bonds, Series 2000 W &S FY 0 I Project List. Arbor FY 01 Project List. COMMISSION ACTION: CITY OF WINTER SPRINGS FISCAL YEAR 2000-2001 FINAL BUDGET WATER & SEWER DEPARTMENT 2000 UTILITY CONSTRUCTION FUND - 3640 ................. Originally #1 Adopted Revised Approved Amendment to Amended Account FY 98/99 FY 99/00 FY 99100 FY 00/01 FY 00/01 FY 00/01 I'fiuI1I= Descrlotlon of Revenues Actual Budget Budget Budget Budget Budget 384215 Proceeds of Financing SO SO SO SO S6,914,126 S6,914,126 361100 Inleresl Earned SO SO SO SO S100,OOO S100,OOO TOTAL CONSTRUCTION FUND REVENUES $0 $0 $0 $0 $7,014,126 $7,014,126 389100 Appropriation from Fund Balance $0 $0 S51,805 SO SO SO TOTAL CONSTRUCTION FUND REVENUES AND APPROPRIATIONS FROM FUND BALANCE SO $0 $51,805 SO $7,014,126 S7,014,126 Originally #1 Adopted Revised Approved Amendment to Amended Account FY 98/99 FY 99/00 FY 99/00 FY 00/01 FY 00/01 FY 00/01 I'fiuI1I= Dcscrlotlon of Exoendltures Actual Budget Budget Budget Budget Budget 56310 Capitallmprovemenl Projects $0 $0 $51,805 $0 $1,670,000 $1,670,000 59000 Other Uses (Payment to Escrow Agent to Refund Series 1997) $0 SO SO $0 $2,255,893 $2,255,893 59000 Olher Uses (Paymenl into Reserve Fund) SO $0 $0 SO $690,894 S690,894 57310 Bond Issuance Costs SO $0 $0 $0 S189,390 $189,390 TOTAL CONSTRUCTION FUND EXPENDITURES $0 $0 S51,805 $0 $4,806,177 $4,806,177 59990 Approprialion to Fund Balance SO $0 SO $0 $2,207,949 52,207,949 TOTAL CONSTRUCTION FUND EXPENDITURES AND APPROPRIATIONS TO FUND BALANCE SO $0 $51,805 $0 S7,014,126 S7,014,126 Fund Balance. October 1 $0 $0 $0 ($51,805) (S51,805) (S51 ,805) Appropriations to (from) Fund Balance $0 $0 (551,805) $0 S2,207,949 S2,207,949 Fund Balance. September 30 SO SO (S51,805) (S51,805) S2,156,144 S2,156,144 D,8 CITY OF WINTER SPRINGS FISCAL YEAR 2000-2001 FINAL BUDGET WATER & SEWER DEPARTMENT OPERATING EXPENDITURES - 3600 .................... Originally #1 Adopted Revised Approved Amendment Amended Account FY 98/99 FY 99/00 FY 99/00 FY 00/01 FY 00/01 FY 00/01 Iiwnb.eL ~ption or Exoenditure Actual Budget Budget Budget Budget Budget 51210 Salaries $916.053 $990,270 $946,168 $1,050.536 $1.050,536 51210 Sick Leave Purdlase $0 $0 $0 $9,832 $9,832 52110 F.I.C.A. Taxes $65,791 $75,756 $75.756 $80,366 $80,366 52310 Health Insurance $59,770 $65,790 $65,790 $67,386 $67,386 52311 Disability Insurance $0 $2,809 $2,809 $3,151 $3,151 52320 Workmen's Comp. Ins. $18,212 $24,332 $24.332 $26,727 $26,727 52330 Pension Expense $68,827 $79,222 $79,222 $84,043 $84,043 53111 Other Legal Services $4,543 $10,000 $10,000 $0 SO 53140 Physical Exams $748 $1,700 $1,700 $5,100 $5,100 53160 Consulting Engineer $16,786 $15,000 $15,000 $15,000 $15,000 53161 Consulting Services-Rate Study $4,935 $0 $31,825 $0 SO 53210 Financial Services - Ut Bill and Met Svc $0 $0 $0 $570,711 $570,711 53210 AudiVAdmin. Services $640,000 $682,380 $758,671 $223,661 $223,661 54010 Travel & Per Diem $987 $1,500 $1.500 $3,000 $3,000 54110 Telephone $7,600 $7,500 $7,500 $8,500 $8,500 54210 Postage $640 $1,200 $1,200 $1,200 $1,200 54310 Utility Services $368,681 $400,000 $400,000 $390,000 $390,000 54320 Sludge Disposal $47,138 $48,000 $88,000 $90,000 $90,000 54410 Equipment Rental $3,248 $5,000 $5,000 $5,000 $5,000 54505 Bad Debt Expense $209,424 $0 $0 $0 SO 54630 Repair & Main!. - Equipment $120,432 $34,000 $34,000 $34,000 $34,000 54640 Repair & Main!. - Communications $355 $500 $500 $1,000 $1,000 54650 Repair & Main!. - Vehides $8,785 $13,000 $13,000 $12,000 $12,000 54660 Repair & Main!. - Buildings $6.322 $6,000 $6,000 $6,000 $6,000 54670 Repair & Main!. - Fire Hydrants $9,579 $10,000 $10,000 $10,000 $10,000 54671 Repair & Main!. - Water Plants $23,347 $33,000 $46,000 $33,000 $33,000 54680 Repair & Main!. - Sewer Plants $39,462 $44,000 $51,000 $45,000 $45,000 54681 Repair & Main!. - Effluent Disposal $29.008 $30,000 $32,000 $30,000 $30,000 54690 Repair & Main!. - Water Lines $25,389 $26.000 $26,000 $26,000 $26,000 54691 Repair & Main!. - Sewer Lines $16,761 $20,000 $20,000 $20,000 $20,000 54694 Repair & Main!. - Lift Stations $21,655 $24,000 $25,100 $24,000 $24,000 54 720 Copy Machine Supplies $150 $540 $540 $1.000 $1,000 54730 Printing Expenses $693 $1,000 $5,502 $3,500 $3,500 54800 Promotional Activities $0 $500 $500 $500 S500 54810 Employee Relations $0 $0 $0 $850 $850 54930 Classified Advertising $1,001 $1,500 $1,500 $1,000 $1.000 55110 Office Supplies $1.893 $1,950 $1,950 $1,950 $1,950 55210 Fuel & Oil $25.624 $23,000 $23,000 $24,000 $24,000 55220 Tires & Filters $4,854 $5,000 $5,000 $5,000 $5.000 55230 Operating Supplies $56,816 $57.500 $52,500 $57,500 $57,500 55231 Testing & Samples $11.329 $20.000 $14,600 $15,000 $15,000 55232 Purchased Meters $55,466 $10,000 $5,000 $0 SO 55233 Chlorine $32.958 $50,000 $50,000 $70,000 $70,000 55234 Backflow Devices $1,123 $5,000 $5,000 $3,000 $3.000 55240 Uniforms $6,173 $7,500 $7,500 $8,590 $8,590 55260 Janitorial Supplies $1,280 $1,300 $1,300 $1,300 $1,300 55270 Small Tools & Equipment $8.077 $8,000 $8,000 $8.000 $8,000 55290 Protective Clothing $3.115 $4,100 $4,100 $4,970 $4.970 55410 Subscriptions $86 $100 $100 $100 $100 55411 Dues & Registrations $2.027 $7,500 $7,500 $9,000 $9,000 55430 Employee Development $7,467 $11,000 $11,000 $8,500 $8,500 59181 Transfer to 2000 Info Sys Debt Svc Fund - Fin Soft $0 $0 $0 $86,657 $86,657 Sub-Total- Operating Expenses $2,954,608 $2,866,449 $2,982,665 $3,185,630 $3,185,630 0-3 CITY OF WINTER SPRINGS FISCAL YEAR 2000-2001 FINAL BUDGET WATER & SEWER DEPARTMENT OPERATING EXPENDITURES - 3600 ....................... Originally #1 Adoptcd Revised Approvcd Amcndment Amended Account FY 98/99 FY 99/00 FY 99/00 FY 00/01 FY 00/01 FY 00/01 tiLuntl.eL Descriotion of Exoenditure Actual Budget Budgct Budget Budgct Budgct 56310 Capital Improvements $0 $375,000 $366,900 $303,000 $303.000 56400 Vehicles $0 $75,000 $75,000 $24,000 $24,000 56410 Other Equipment $0 $91,200 $91,200 $126,100 $126,100 56960 Depreciation $1,226,351 $0 $0 $0 $0 56970 Amortization $19,484 $0 $0 $0 $0 57110 Debt Service - Principal $0 $750,000 $750,000 $790.000 ($260,000) $530,000 57210 Debt Service - Interest $1,448,566 $1,396,932 $1,396,932 $1,381,291 $29,835 $1,411,126 59110 Renewal & Replacement $51.006 $140,310 $140,310 $120,200 $120.200 59111 Revenue Generation $0 $51,006 $51,006 $51,00(; $51,006 59130 Developer Agreement Payments $357,392 $200,000 $265,752 $150,000 $150,000 Sub- Tota/- Non Operating Expenses $3,102,799 $3,079,448 $3,137,100 $2,945,597 ($230,165) $2,715,432 TOTAL WATER & SEWER EXPENDITURES $6,057,407 $5,945,697 $6,119,765 $6,131,227 ($230,165) $5,901,062 59990 Appropriations to Fund Balance $910,657 $45,258 $0 $26,323 $230,165 $256,488 TOTAL WATER & SEWER EXPENDITURES AND APPROPRIATIONS TO FUND BALANCE $6,968,064 $5,991,155 $6,119,765 $6,157,550 $6,157,550 Fund Balance - October 1 $773,428 $1,151,996 $1,684,085 $1,555,475 $1,555,4 75 Appropriations to (from) Fund Balance $910,657 $45,258 ($128,610) $26,32,1 $256,488 Fund Balance - September 30 $1,684,085 $1,197,254 $1,555,475 $1,581,798 $1,811,963 0-3 CITY OF WINTER SPRINGS FISCAL YEAR 2000-2001 FINAL BUDGET GENERAL FUND REVENUES RECAP .......................... ..................... Originally #1 Adopted Revised Amendment to Amended Approved Amendment to Amended FY 98/99 FY 99/00 FY 99/00 FY 99/00 FY 99/00 FY 00/01 FY 00/01 FY 00/01 N.llMllEB DESCRIPTION OF REVFNlJES Actual Budget Budget Budget Budget Budget Budget Budget 311000 Ad Valorem Tax Revenue 53,100,676 53.356,469 53,356,469 53,356,469 53,676.262 $3.676.262 313200 Franchise Fee. Telephone 522,664 $40.000 $40,000 $40.000 540,000 540,000 313400 Franchise Fee - Gas 525.959 526,000 526,000 526,000 $26.000 526.000 313500 Frnnchise Fee . Cablevision 5203,166 5212,374 5226,000 5226.000 5250.000 5250,000 321000 Occupational Ltcenses $81,316 5105,000 5105,000 5105.000 $ 1 00,000 5100,000 321100 County Impact Fees 526,465 535,000 535,000 $35,000 520.000 520.000 322100 Permits - Building 5694,673 5600.000 $400,000 $400,000 5400,000 5400.000 322200 Permits - Electr1ca1 52.276 52,000 $2,000 52,000 55,000 55.000 322300 Permits - Plumbing 514,409 56,000 56,000 56.000 510.000 510.000 322400 Permits - Mechanical 55,535 $4 ,000 $4,000 54,000 55,000 55,000 322500 Permits - Arbor 57,425 $5,000 510,000 $10,000 510,000 510,000 322600 Commercial Vehlde Permit 5725 50 50 $0 50 50 331205 Federal Granl - Police Dcpt. - Equip 519.644 50 519,000 519,000 5 I 9,000 519.000 331400 Federal Grant Cops 5197,707 5202,232 5202,232 5202,232 5100,000 5100.000 334900 Other State Grants (CDaG Grant & Hickory) $0 50 5111,775 $111.775 50 $0 335000 Stale Grant DEP Soccer Lighting 50 SO 50 SO 5150,000 5150,000 335110 Stale of Fla.-Cigarette Tax S60,242 S63,OOO 563,000 S63,000 SO SO 335120 State of Fla.-State Revenue Sharing S563.243 5629.130 S629,130 5629,130 S691 ,696 569 I .696 335140 State of Fla.-Mobile Home Tax $8,728 58.S00 $6,500 58.500 $9.000 59.000 335150 Stale of Fla.-Alcoholic Beverage Tax $2,461 54,000 $4,000 $4.000 $4,000 54.000 335181 Stale of Fla.-Haff Cenl Sales Tax $1,779.755 $1.646,637 $1,648,637 51.848,637 52,028,885 52.028.885 335410 Molar Fuel Tax Rebate $20,126 54,000 54,000 $4,000 56,000 58.000 335500 State of Fla.-Dcpl. of Transportation 517.631 50 518,900 518,900 526,000 526.000 335550 Resource Officer $0 565,967 $36.525 $36,525 $39.155 539,155 34 1 200 Zoning & Annexations $325 51,200 51.200 $1,200 $1,200 51,200 341400 Recording & Copy Fees 55,223 53.S00 $3,500 $3,SOO 55,667 55.867 343801 Concession Stand - C.W.P. $86.137 575,000 575,000 575,000 S 150.000 515'J.000 347530 Facility Rental (CC & Paviliion) 510.879 58,000 513,000 513,000 510.000 510.000 349000 Fixed Pole Fees 58,2SO SO $0 50 SO SO 349100 League FeeJField Rental 515,757 S12,000 $12.000 512.000 515,000 S; 5.000 349400 Partnership League Fees 50 50 50 50 550,500 $50.500 349200 Summer Youth Program 531,911 545.000 545,000 545,000 545.000 $45.000 349300 Program fees SO 50 53,000 $3,000 SO 50 351100 Fines & Forfeitures 5189.717 5200,000 5235,000 5235,000 S200.000 52CoQ,000 351400 Tree Bank Revenues 50 so 525.000 ($25,000) 50 56.000 (58.000) SO 361100 Interest Eamed 5151,684 5190.000 5190.000 5190.000 S200,000 S200,OOO 361111 Miscellaneous Revenues 5147,024 575,000 575,000 575.000 5100.000 5100,000 381001 Transfer from Public Service Tax Fund $1,055,000 51,199,710 51,199,710 51.199.710 51,395.664 S 1.395,864 381002 Transfer from Efectric Franchise Fcc Fund 5594,713 5666.606 5737,106 $737,106 5580,764 5580,764 381003 Transfer from Interim Services FE:e Fund 529,424 50 50 50 50 SO 381004 Transfer from Slormwater 53,500 53.S00 53,SOO 53,500 520,515 520.515 381008 Transfer from SolidwaslcIRecyding 598,400 5102,000 5102.000 5102,000 5108,000 5108.000 381012 Transfer from Oak Foresl Capital Fund 50 $0 5100,000 5100,000 5100,000 5100,000 335575 Reimbursement for 434 Beautificalion 50 5120,000 5120,000 5120,000 50 50 381040 Reimburse. Tusk Ught & Beautification Dist 50 5265,000 597,906 597,908 5275,000 5275.000 361060 Reimbursement for Town Center Expenses 5245.772 50 537,930 537,930 SO 50 381090 Reimbursement from Water & Sewer - UT Bill and MS 5640,000 5662.380 5682,360 5682,380 5570,711 5570.711 381091 Reimbursement from Water & Sewer-Fair Share 50 50 576.291 $76.291 5223.661 5223,661 TOTAL GENERAL FUND REVENUES 510.410,990 510,910,205 511,016,693 510,991,693 51 1.678,260 S 11.670.260 TOTAL APPROPRIATIONS FROM FROM BALANCE 50 50 5483,966 525,000 5S08,966 50 56,000 s.e.000 TOTAL GENERAL FUND REVENUES AND APPROPRIATIONS FROM FUND BALANCE S10.410,990 510,910,205 511,500,659 511,500.659 511,678.280 511.678.280 0-1 CITY OF WINTER SPRINGS ASCAL YEAR 2000-2001 FINAL BUDGET GENERAL FUNDS DEPARTMENTAL EXPENDITURE RECAP ......................... ..................... Originally #1 Adopted Revised Amondmont to Amended Approved Amendmont to Amonded FY 98/99 FY 99/00 FY 99/00 FY 99/00 FY 99/00 FY 00/01 FY 00/01 FY 00/01 NUMJlf.B DEPARTMENT Actual Budget Budgel Budget Budget Bud~et Budget Budgot 1100 Commission $96.638 $115,100 $120,100 5'20,100 $115.100 $1'5,100 1110 Boards $5.867 $tO,675 $ to,675 510,675 $29,825 $29,825 1200 City Manager $'80,327 $233.114 $308,1 '4 5308.1'4 $223,630 5223.630 1210 CityCtert< $319,600 $157.459 $152,459 5152,459 $171,940 $17 I ,940 1300 Finance $337.609 $353,342 $403,341 5403,341 $386,752 5386,752 1310 General $vcs -Human Resources $58,713 $65,894 $65,894 565,894 $93,869 $93.869 1320 Utility Finance - Meter Services $154,569 50 $0 $0 $344,652 $344,652 1330 General Svcs - Purchasing and Risk Mngt $253,982 $219.939 $279,939 5279,939 5340.091 $340,091 1340 Infonnation Systems $258,866 $465.698 $465,698 $465,698 $346,644 $346,644 1360 Utility Finance $211,498 $465,547 $465.547 5465,54 7 $220,229 $220.229 1500 Engineering $93,52 I $103,106 $103,106 5103.106 557,285 $57,2&.5 1510 Com Dev - Planning $223,309 $278.151 $424,926 5424,926 5279,250 $279,250 1520 Com Dev - Dev Review $56,254 $75.269 $91,269 591,269 $59,522 $59.522 1900 General Government $397,289 $295,500 $370,500 5370,500 $21 1,500 $211,5C') 2110 Police $2,723,006 $2,750,612 $2,850,6,2 52,850,612 $3,094,523 $3,094,52:; 2111 COPS Granl-Officer $298,755 $319.867 $319,867 5319,867 $358,894 $358,8&: 2112 COPS Grant-Equipment $0 $0 $19,000 5'9,000 $19.000 519,DC<) 2210 Fire $1,956,406 $2,080.415 $2,080.415 52,080.415 $2,31 1.925 $2,311.925 2400 Com Dev - Building $249,513 $291,907 $291,907 5291,907 5264,968 5264,9€.3 2500 Com Dev - Code Enforcement $106,936 $125,242 $145,175 5145.175 5164,095 5164,095 4410 Public Works $',196,403 $1,310,063 51,323,063 51,323,063 51,293.436 51.293,4:;<' 7200 Parks and Recreation $',101,456 $1,193,305 $' ,209.052 5' ,209,052 $1,271.150 5',271,15,) TOTAL GENERAL FUND EXPENDITURES $10.280,515 $tO,910,205 $11,500,659 511.500,659 $11,67(1,280 $1' ,678,25,:' TOTAL APPROPRIATIONS TO FUND BALANCE $130.474 $0 $0 $0 $0 5.:f TOTAL GENERAL FUND EXPENDITURES AND APPROPRtATIONS TO FUND BALANCE $ to.4 '0.990 510.910,205 51 ',500.659 511.500,659 511,678,280 $' 1.678,250 CHANGE IN FUND BALANCE - GENERAL FUND FUND BALANCE - October 1, $2,699,302 $2,413,997 $2.829,776 $2,629,776 $2,345,811 52.320,8. ; Appropriations to (From) Fund Balance $130.474 $0 ($463,966) ($25,000) (5506,966) $0 ($6,000) ($6,OC<)) FUND BALANCE - September 30, $2,629,776 $2,413,997 $2,345,811 $2,320,81 , $2,345,811 $2,312,81 ; 0-2 CITY OF WINTER SPRINGS FISCAL YEAR 2000.2001 FINAL BUDGET ARBOR FUND REVENUES & EXPENDITURES -110 e................... .................... Originally #1 Adoptod Revlsod Amondmont to Amondod Approvod A.mondmont to Amondod Account FY 98/99 FY 99/00 FY 99/00 FY 99/00 FY 99/00 FY 00/01 FY 00/01 FY 00/01 tlLllIlbJl[ o.oscrlDtlon of Rnvonue.s Actual Budget Budget Budgot Budgot Budgo! Budgot Budgot 351400 Tree Bank Revenues $0 $0 $0 $32,900 $32,900 $0 $55,000 $55,000 TOTAL ARBOR FUND REVENUES $0 $0 $0 $32,900 $0 $55,000 389100 Approprialion from Fund Balance $0 $0 $0 $0 $0 $0 TOTAL ARBOR FUND REVENUES AND APPROPRIATIONS FROM FUND BALANCE SO $0 $0 $32,900 $0 $55,000 Originally #1 Adoptod Rovlsod Amendment to Amondod Approved Amendmont to Amonded Account FY 98/99 FY 99/00 FY 99/00 FY 99/00 FY 99/00 FY 00/01 FY 00/01 FY 00/01 liwnJl.er Descrlotlon of Exp~ Actual Budge! Budgo! Budgo! Budge! Budgo! Budget Budge! 54685 Arbor Improvements $0 $0 $0 $7,479 $7.479 $0 $70,600 $70,600 TOTAL ARBOR FUND EXPENDITURES SO $0 $0 $7.479 $0 $70,600 59990 Appropriation 10 Fund Balance SO $0 $0 525,421 $0 ($15,600) TOTAL ARBOR FUND EXPENDITURES AND APPROPRIATIONS TO FUND BALANCE SO $0 $0 $32,900 $0 $55,000 CHANGE IN FUND BALANCE FUND BALANCE - October 1, SO SO SO SO SO S25,421 S25.421 Appropriation to (from) Fund Balance SO SO SO S 25,421 S25,421 SO IS15.6001 (S15,6001 FUND BALANCE. September 30, SO $0 SO S25,421 SO $9,821 S9,821 ._. ....n". ~~ '.* ~o.~ ' Summary of Financing Wa!~t..9.:nd ~ewer Refunding Revenue Bonds, Series 2000 . Purpose - Fund approximately $4 million in capital projects - Refinance the Series 1997 Bonds Structure - Combined with existing bonds to produce level payments for the next 30 years. True Interest Cost (TIC) of 5.92% . . City of Winter Springs, Florida Water and Sewer Refunding Revenue Bonds Allocation of Funds Sources of Funds Par Amount Other (accrued interest and 010) Total Sources of Funds $6,969,191 (55.065) $6,914,126 Uses of Funds Project Fund (net oearning~ Refund Series 1997 Reserve Fund Underwriters Discount Bond Insurance Costs of Issuance & Other Total Uses of Funds $3,777,949 2,255,893 690,894 53,290 53,337 82.763 $6,914,126 ......=- =- -- -- -- ~=- Louise Frangoul From: Sent: To: Subject: Kip Lockcuff Monday, December 04, 2000 11 :49 AM Louise Frangoul 2000 Construction Fund Project List - Optimistic 2001 Project List - 2000 Construction Fund [=~_~-__~_-=__:=r:=i::=~E~j~~J:-:-=]=-=:=] : Utility 2000 Construction Fund I I lYVTP_#1 W"at~~_~ai~toTuskaw~la ~?~~J- !-''6"==-''__J rFO]O-qJ i Spine Road water main - 12" I ! I 120,000 I rwe-Ir#Lf@WTP-#T----r---."-.-------r-.---------.--C---------- -----.. ----.- - r-- --- - -- -..-. -1----.--$-2-5<T.-db-(Yj i-~;:~;S~~~~~~;~i~;~~E:t:~ ~:1~~'~-~21-. .... - ..1- ~.. - . . ..... r-.:ii~%~1 I S.R. 434 water main upgrade - Vistawilla to 417 - 12" i l $50,000! 1----.-. -~ .---.------....-H.----------r-.-------.-C--.----.C----...-r.-..-----rH.-....-.....-.'------.----..--.--.-----1 \ <...., --, ..::> ,/ :.....:... =-">.::.::> / , . CITY OF WINTER SPRINGS, FLORIDA Gode Enforcement 1126 EAST STATE ROAD 434 WINTER SPRINGS, FLORIDA 32708-2799 Telephone (407) 327-1800 Fax (407) 327-6695 MEMORANDUM DATE: December I, 2000 TO: Louise Frangoul, FinlJnce Director 1</ Charles Carringtoll,iCOnU]!!lOity Development Director "'----. 4 Jimette Cook, Code Enforcement Manager ~ Tree Bank Fund THROUGH: FROM: RE: Please find attached an estimation of anticipated funds for Lhe 2000-200 I Tree Bank Fund and an estimaLion of expenditures from that fund. ~ .. TOTAL Projcctcd cxpcnditurcs from Trcc Bank I. Northcrn Way Walcr Planl righls-of-way project 2. Haycs Road Phasc 1110 Gee Creck 3. Trotwood Park buffcr for balling cages 4. Trotwood Park nalmal hedgerow for playground 5. Winding Hollowrrrotwood conneclor trees 6. Central Winds 40 x 100' shadc for spcclalors 7. Ccntral Winds 50 x 50 butTcr on east propel1y 8. Central Winds Buffcr between amphitheater and rcsidcncc 9. Pearl Road medians 10. Northern Way plantings 85' x 50' II. Firestation #24 12. Fircstation #26 ESlimation of anticipatcd funds: $29,000 roll-ovcr from I 99Y-2000 (approxi matc) $55,000 [romncw dcvelopmcnt (possible) Total- $84,000 $2.1,000 $5.600 $5,200 $2.500 $3.900 $6.400 $.1.500 $4.800 $3,600 $4,250 $4, I no $3,750 $70,600 :;\\~. " Resolution No. 2000-40 A Resolution of the City Commission of Winter Springs amending the Fiscal Year 2000/2001 budget as provided in Exhibit "A" attached hereto; providing for' severability; providing an effective date. Whereas, the City Commission finds it necessary to amend the fiscal year 2000/2001 budget as provided herein. Now therefore be it resolved by the City Commission as follows: Section 1 Budget Amendment. The City of Winter Springs fiscal year 2000/2001 budget is hereby amended as provided for in Commission Agenda Item F, dated December 11, 2000, and attached hereto as Exhibit "A" which is hereby fully incorporated herein by this reference. Section 2 Severability. If any section of this resolution is for any reason held involved or unconstitutional by any court of competent jurisdiction such portion shall be deemed a separate, distinct and independent provision, and such holding shall not affect the validity of the remaining portions of this resolution. Section 3 Effective Date. This resolution shall become effective immediately upon adoption by the City Commission of the City of Winter Springs, Florida. , , .. 0/ J \ . , Attest l^- , i -; -Luaces, City Clerk