2015 - 2016 BUDGET ORDINANCE

ORDINANCE NO.  581

 

 

AN ORDINANCE OF THE CITY OF NORRIS, TENNESSEE

ADOPTING THE ANNUAL BUDGET AND TAX RATE FOR THE FISCAL YEAR BEGINNING JULY 1, 2015 AND ENDING JUNE 30, 2016

 

WHEREAS,     Tennessee Code Annotated Title 9 Chapter 1 Section 116 requires that all funds of the State of Tennessee and all its political subdivisions shall first be appropriated before being expended and that only funds that are available shall be appropriated; and

 

WHEREAS,     the Municipal Budget Law of 1982 requires that the governing body of each municipality adopt and operate under an annual budget ordinance presenting a financial plan with at least the information required by that state statute, that no municipality may expend any moneys regardless of the source except in accordance with a budget ordinance and that the governing body shall not make any appropriation in excess of estimated available funds; and

 

WHEREAS,     the governing body has published the annual operating budget and budgetary comparisons of the proposed budget with the prior year (actual) and the current year (estimated) in a newspaper of general circulation not less than ten (10) days prior to the meeting where the governing body will consider final passage of the budget.

 

NOW THEREFORE BE IT ORDAINED BY THE CITY OF NORRIS, TENNESSEE AS FOLLOWS:

 

SECTION 1:    That the governing body estimates anticipated revenues of the municipality from all sources to be as follows:

 

General Fund

FY 2014

Actual

FY 2015

Estimated

FY 2016

Proposed

Local Taxes

$     830,533

$    865,200

$     878,000

Intergovernmental

$     179,244

$    200,125

$     173,450

Fines and Forfeitures

$          6,421

$         5,200

$          7,500

Miscellaneous Revenue

$       65,205

$       99,484

$        91,079

Total

$ 1,081,403

$ 1,170,009

$  1,150,029

 

 

 

 

Fund Balance

$    179,020

$    202,889

$     176,125

Total Available Funds

$ 1,260,423

$ 1,372,898

$  1,326,154

State Street Aid Fund

FY 2014

Actual

FY 2015

Estimated

FY 2016

Proposed

Intergovernmental

$     42,130

$     42,000

$     42,750

Operating Trans. From Gen.

$     13,590

$     

$     

Total

$     55,720

$     42,000

$     42,750

 

 

 

 

Fund Balance

$        8,923

$     37,423

$       3,798

Total Available Funds

$     64,643

$     79,423

$     46,548

 

 

 

 

Watershed Fund

FY 2014

Actual

FY 2015

Estimated

FY 2016

Proposed

Licenses and Permits

$    57,460

$    52,590

$    63,500

Miscellaneous Revenue

$    61,640

$    18,600

$    19,000

Total

$  119,100

$    71,190

$    82,500

 

 

 

 

Fund Balance

$  177,675

$  177,717

$  166,486

Total Available Funds

$  296,775

$  248,907

$  248,986

 

 

 

Solid Waste Fund

FY 2014

Actual

FY 2015

Estimated

FY 2016

Proposed

Charges For Services

$  121,901

$   129,000

$  123,000

Total

$  121,901

$   129,000

$  123,000

 

 

 

 

Fund Balance

$       9,418

$     30,418     

$    44,018

Total Available Funds

$  131,319

$   159,418

$  167,018

 

 

 

 

Drug Fund

FY 2014

Actual

FY 2015

Estimated

FY 2016

Proposed

Fines, Forfeitures, Penalties

$          -

$            -

$          500

Total

$          -

$            -

$          500

 

 

 

 

Fund Balance

$      1,459

$      1,459

$       1,459

Total Available Funds

$      1,459

$      1,459

$       1,459

 

 

SECTION 2:    That the governing body appropriates from these anticipated revenues and unexpended and unencumbered funds as follows:

 

General Fund

FY 2014

Actual

FY 2015

Estimated

FY 2016

Proposed

General Government

$     279,921

$     252,597

$     241,767

Public Safety

$     525,022

$     512,096

$     543,802

Public Works

$     253,617

$     312,999

$     296,557

Parks and Recreation

$       10,399

$        10,760

$       15,210

Debt Service

$            -   

$        10,562

$       20,746

Library and Archives

$       32,246

$        32,246

$       32,246

Natural Resources

$         4,741

$          7,380

$         6,465

Comm. Development

$       10,867

$          7,500

$              -       

Oper. Trans. State St. Aid

 

 

         20,000

Total Appropriations

$  1,116,813

$  1,146,140  

$  1,176,793

 

 

State Street Aid Fund

FY 2014

Actual

FY 2015

Estimated

FY 2016

Proposed

Streets

$     74,974

$      13,500

$     76,375

 

 

 

 

Total Appropriations

$     74,974

$      13,500

$     76,375

 

 

 

 

Watershed Fund

FY 2014

Actual

FY 2015

Estimated

FY 2016

Proposed

Conservation of

Natural Resources

$     69,870

$     71,148

$     93,731

 

 

 

 

Total Appropriations

$     69,870

$     71,148

$     93,731

 

 

Solid Waste Fund

FY 2014

Actual

FY 2015

Estimated

FY 2016

Proposed

Refuse Collection

$    115,172

$    108,000

$    109,400

 

 

 

 

Total Appropriations

$    115,172

$    108,000

$    109,400

 

 

Drug Fund

FY 2014

Actual

FY 2015

Estimated

FY 2016

Proposed

Fines, Forfeitures, Penalties

$       -

$        -

$         500

 

 

 

 

Total Appropriations

$       -

$        -

$         500

 

 

SECTION 3:    As the end of the current fiscal year the governing body estimates balances/(deficits) as follows:

 

                        General Fund                         $        202,889

                        State Street Aid Fund            $          37,423

                        Watershed Fund                   $        177,717           

Solid Waste Fund                  $          30,418

                        Drug Fund                             $             1,459

 

 

SECTION 4:    No appropriation listed above may be exceeded without an amendment of the budget ordinance as required by the Municipal Budget Law of 1982 T.C.A. Section 6-56-208.  In addition, no appropriation may be made in excess of available funds except to provide for an actual emergency threatening the health, property or lives of the inhabitants of the municipality and declared by a two-thirds (2/3) vote of at least a quorum of the governing body in accord with Section 6-56-205 of the Tennessee Code Annotated.

 

SECTION 5:    That the government body by appropriate resolution or ordinance may authorize the City Manager to transfer moneys from one appropriation to another within the same fund, subject to such limitations and procedures as it may prescribe.  Any such transfers shall be reported to the governing body at its next regular meeting and shall be entered in the minutes by Section 6-56-209 Tennessee Code Annotated.

 

SECTION 6:    A detailed financial plan will be attached to this budget and become part of this budget ordinance.  In addition, the published operating budget and budgetary comparisons shown by fund with beginning and ending fund balances and the number of full time equivalent employees required by Section 6-56-206, Tennessee Code Annotated will be attached.

 

SECTION 7:    If for any reason a budget ordinance is not adopted prior to the beginning of the next fiscal year, the appropriations in this budget ordinance shall become the appropriations for the next fiscal year until the adoption of the new budget ordinance in accordance with Section 6-56-120, Tennessee Code Annotated provided sufficient revenues are being collected to support the continuing appropriations.  Approval of the Director of the Division of State and Local Finance in the Comptroller of the Treasury for a continuation budget will be requested if any indebtedness is outstanding.

 

SECTION 8:  That the tax rate for Fiscal Year 2015 ending June 30, 2016 is hereby established at One Dollar Sixty-Seven and .0009 Cents ($1.6709) on every one hundred ($100.00) of assessed valuation of real, personal and mixed property with respect to due dates, delinquent dates, penalty and interest and assessments.  All property taxes shall become delinquent on and after the first day of September.  Thereafter a penalty of two percent (2%) per month shall be added.

 

SECTION 9:    All unencumbered balances of appropriations remaining at the end of the fiscal year shall lapse and revert to the respective fund balances.

 

SECTION 10:  That any ordinance or part of an ordinance, which has heretofore been passed by the City Council, which is in conflict with any provision of this ordinance, be and the same is hereby repealed.

 

 

 

 

 

 

SECTION 11: This ordinance shall take effect from and after its passage and its provisions shall be in force from and after July 1, 2015 as required

by law.

 

 

 

                                                            PASSED FIRST READING    May 11. 2015

 

                                                                         PUBLIC HEARING     June 1, 2015

 

                                                         PASSED SECOND READING     June 8, 2015