HomeMy WebLinkAbout2022-06-06 I01E FY2022 TransfersAGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: June 6, 2022
AGENDA ITEM:Consideration of approval of FY2022 Transfers.
FORMAT:Resolution
SYNOPSIS INCLUDING PRO & CON: Historically the Council has approved Transfers
through the budget process. However, State Administrative Rule ARC-
4334C effective April 17, 2019, requires Council approval of every
transfer by resolution. Resolution is required to include:
fund transfer is from (originating)
fund transfer is to (receiving)
$ amount
purpose for the transfer.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:None
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT: Staff recommends approving the FY2022 Transfer
resolution. .
RECOMMENDATION: Approve the resolution.
ATTACHMENTS: I. Exhibit A – FY22 Transfers
PREPARED BY:Linda Burkhart
REVIEWED BY:
PUBLIC NOTICE INFORMATION –
NAME OF PUBLICATION: NA
DATE OF PUBLICATION:
I1E
THE CITY OF WAUKEE, IOWA
RESOLUTION 2022-
APPROVING FY2022 TRANSFERS
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA
WHEREAS, the City of Waukee annually adopts transfer amounts for each fiscal year
during the budget and budget amendment process; AND,
WHEREAS, this resolution approves total FY2022 transfers of $15,830,782; AND,
WHEREAS, per State Administrative Rule #ARC-4334C, effective April 17, 2019, the
City’s Finance Director recommends the FY2022 Transfers as presented in Exhibit A be
authorized at this time; AND,
NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in
session this 6th day of June 2022 that it hereby authorized the FY2022 Transfers in
Exhibit A, and instructs the Finance Director to transfer the appropriate amounts.
____________________________
Courtney Clarke, Mayor
Attest:
___________________________________
Rebecca D. Schuett, City Clerk
RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN
Anna Bergman Pierce
R. Charles Bottenberg
Chris Crone
Larry R. Lyon
Ben Sinclair
Xfer Xfer Xfer Xfer
From Fund (Out)To Fund (In)Purpose Out In Out In
010.00.0000.3980300 TIF-URA2000 General Fund LMI - Reimbursment for Affordable Housing Land Purchase 4,570$
010-00.0000.3980300 TIF-Autumn Ridge General Fund LMI - Reimbursment for Affordable Housing Land Purchase 500,000$
010.00.0000.3989000 Employee Benefits General Fund Employee Benefits Levy 2,600,000$
010-60.8400.3989010 Equip Revolving General Fund Electronic Timekeeping System 30,000$
010.60.8400.970100 Gneeral Fund Equip Revolving Commerce Bank Revenue Share - FY21 Set Aside 3,500$
060-30.7100.971300 Road Use Fund Capital Projects Public Works Building Expansion 50,000$
090-30.7850.970500 TIF-North Residential Debt Service 2021A/2021B Bond Principal/Interest/Fees 153,048$
091.50.7850.970500 TIF-Hickman West Debt Service 2014A/2016B Bond Principal/Interest/Fees 758,806$
093.30.7850.970500 TIF-URA2000 Debt Service 2021A Bond Principal/Interest/Fees 6,902,094$
093-30.7850.970600 TIF-URA2000 General Fund LMI - Reimbursment for Affordable Housing Land Purchase 4,570$
094-30.7850.970500 TIF-Gateway Debt Service 2019A/2020A/2021A/2021B Bond Principal/Interest/Fees 1,471,973$
095.30.7850.970500 TIF-Autumn Ridge Debt Service 2018A Bond Principal/Interest/Feee 492,992$
095.30.7850.970600 TIF-Autumn Ridge General Fund LMI - Reimbursment for Affordable Housing Land Purchase 500,000$
110.30.7800.3980100 Water Fund Debt Service 2014A Bond Principal/Interest/Fees 134,238$
110-30.7800.3980211 LOST Fund Debt Service 2018A/2020B Bond Principal/Interest 1,097,969$
110.30.7800.3980300 TIF-URA2000 Debt Service 2021A Bond Principal/Interest/Fees 6,902,094$
110-30.7800.3980305 TIF-North Residential Debt Service 2021A/2021B Bond Principal/Interest/Fees 153,048$
110.30.7800.3980310 TIF-Hickman West Debt Service 2014A/2016B Bond Principal/Interest/Fees 758,806$
110.30.7800.3980321 TIF-Gateway Debt Service 2019A/2020A/2021A/2021B Bond Principal/Interest/Fees 1,471,973$
110.30.7800.3980322 TIF-Autumn Ridge Debt Service 2018A Bond Principal/Interest/Fees 492,992$
110-30.7800.3980600 Capital Projects Debt Service WDSM - Ashworth Road Reimbursement 175,941$
110.30.7800.3980950 Storm Water Fund Debt Service 2021A Bond Principal/Interest/Fees 150,651$
210.50.8400.970600 Employee Benefits General Fund Employee Benefits Levy 2,600,000$
211-00.0000.970500 LOST Fund Debt Service 2018A/2020B Bond Principal/Interest/Fees 1,097,969$
212-00.0000.971300 Project Imprv Fund Capital Projects Triumph Park Project -$
327-90.2160.3980060 Road Use Fund Capital Projects Public Works Building Expansion 50,000$
327-90.2160.3980100 Water Fund Capital Projects Public Works Building Expansion 250,000$
327-90.2160.3980200 Sewer Fund Capital Projects Public Works Building Expansion 250,000$
327-90.2160.3980400 Gas Fund Capital Projects Public Works Building Expansion 250,000$
327-90.2200.970500 Capital Projects Debt Service WDSM - Ashworth Road Reimbursement 175,941$
327-90.2200.970950 Capital Projects Storm Water Library Project 555,000$
510.30.6510.970800 Water Fund Debt Service 2014A Bond Principal/Interest/Fees 134,238$
510-30.6510.971300 Water Fund Capital Projects Public Works Building Expansion 250,000$
520.30.6520.971300 Sewer Fund Capital Projects Public Works Building Expansion 250,000$
540.30.6540.971300 Gas Fund Capital Projects Public Works Building Expansion 250,000$
560.80.5300.970500 Storm Water Fund Debt Service 2021A Bond Principal/Interest/Fees 150,651$
560-80.5300.3980600 Capital Projects Storm Water Library Project 555,000$
810.50.8400.3988400 General Fund Equip Revolving Commerce Bank Revenue Share - FY22 Set Aside 3,500$
810-50.8400.970600 Equip Revolving General Fund Electronic Timekeeping System 30,000$
5,547,299$ 15,830,782$ 10,283,483$ -$
Actual
Total In's:15,830,782$
Total Out's:15,830,782$
Exhibit A - FY2022 Transfers
Total TIF