019 of 2018 - Amending the Final Budget for the Library Budget of Salt Lake City, Utah for Fiscal Year 2017-2018 0 18-1
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SALT I AKE CITY ORDINANCE
No. 19 of 2018
(Amending the Final Budget for the Library Budget of
Salt Lake City,Utah for Fiscal Year 2017-18)
An ordinance amending Salt Lake City Ordinance No.30 of 2017 which adopted the final
budget for the Library fund of Salt Lake City,Utah,for the fiscal year beginning July 1,2017 and
ending June 30,2018.
PREAMBLE
On June 16,2017,the Salt Lake City Council adopted the final budget for the Library
fund of Salt Lake City,Utah for the fiscal year beginning July 1,2017 and ending June 30,2018,
in accordance with the requirements of Section 10-6-118 of the Utah Code.
The City's Budget Director,acting as the City's Budget Officer,prepared and filed with
the City Recorder proposed amendments to said duly adopted budget,copies of which arc
attached hereto,for consideration by the City Council and inspection by the public.
All conditions precedent to amend said budget have been accomplished.
Be it ordained by the City Council of Salt Lake City,Utah
SECTION 1. Purpose. The purpose of this Ordinance is to amend the final budget for
the Library fund of Salt Fake City as approved,ratified and finalized by Salt I ake City
Ordinance No.30 of 2017.
SECTION 2. Adoption of Amendments. The budget amendments,attached hereto and
made a part of this Ordinance shall be,and the same hereby are adopted and incorporated into the
budget for the Library fund of Salt Lake City,Utah for the fiscal year beginning July 1,2017 and
ending June 30,2018,in accordance with the requirements of Section 10-6-1285,of the Utah
Code.
SECTION 3. Certification to Utah State Auditor. The City's Policy and Budget Director,
acting as the City's Budget Officer,is authorized and directed to certify and file a copy of said
budget amendments with the Utah State Auditor.
SECTION 4. Filing of copies of the Budget Amendments. The said Budget Officer is
authorized and directed to certify and file a copy of said budget amendments in the office of said
Budget Officer and in the office of the City Recorder which amendments shall be available for
public inspection.
SECTION 5. Effective Date. This Ordinance shall take effect on its first publication.
Passed by the City Council of Salt Lake City,Utah,this }5tfiday of May
2018. ( �
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CHAIRPERSON
ATT
CI RECORDER
Transmitted to the Mayor on May t 6, 7n 1 R
Mayor's Action: 94_Approved Vetoed
MAYOR
A
_ Salt Lake City Attorney's Office
... Approved As To Form
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Y RECORDER �vPyysclryGU,� v�
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Bill No. 19 of2018. `'w RpoaAt'E
Published: May 23, 2018
HB_ATTY-#68820-v I-FY 17-I 8_Library_Budget_Amendmem.doc
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MEMO I February 26, 2018
To: Salt Lake City Public Library Board of Directors, Salt Lake City Administration and City Council
From: Peter Bromberg, Executive Director
Re: Budget Amendment 1 for FY2017-18
Library Administration is proposing a$490,000 increase to the FY17-18 General Fund budget and a
$540,000 increase to the FY17-18 Capital Project Fund budget.
The$490,000 increase to the General Fund re-appropriates $90,000 for a strategic plan included in the
FY16-17 budget. The plan is being done in FY17-18. The additional $400,000 is a transfer of funds to
the Capital Projects Fund to cover costs associated with the Sprague Branch flood remediation. The
$490,000 increase is to be funded out of General Fund-Fund Balance. Subsequent to this budget increase,
the General Fund-Fund balance was 18.5 percent of the FY2017-18 budget. Details of this request
follow:
General Fund—Proposed increase of$490,000
Account Number Account Name Budget Amount Requested Amount Amended Amount
Funding Sources
10-38900 Fund Balance- $1,364,500 $490,000 $1,854,500
Appro riated
Total Revenues $22,413,135 $490,000 $22,903,135f
Expenditures
10-42310 Prof&Tech Services $150,000 $90,000 $240,000
10-99910 Transfer to Capital
Project Fund 3,270,470 400,000 3,670,470
Total _ °
Expenditures $22,413,135 $490,000 22,903,135
The$540,000 increase in the FY17-18 Capital Projects Fund is comprised of two requests. First,the
transfer of$400,000 from the General Fund is duplicated in the Capital Project Fund and is a budgeting
procedure to reflect the$400,000 transfer from the General Fund to the Capital Project Fund where the
Sprague Branch flood remediation costs are being tracked.
Second, $140,000 of unappropriated Designated-Maintenance fund money is being requested to repair the
leaking roof at the Main Library. This amendment would leave an estimated $403,800 in the Designated-
Maintenance fund at the end of FY17-18. Details of this request follow:
Capital Project Fund—Proposed increase of$540,000
Account Number Account Name Budget Amount Requested Amount Amended Amount
Funding Sources
40-38100 Transfer from
General Fund $3,270,470 $400,000 $3,670,470
40-40990 Designated
Maintenance Fund 140,000 140,000
Total Revenues $4,576,425 $540,000 $5,116,425
Expenditures
40-40721 Cap Outlay- $7,500 $140,000 $147,500
Building(Main)
40-40775 Cap Outlay-
Sprague Flood
Remediation 0 400,000 400,000
"Total Expenditures $4,576,425 $540,000 $5,116,425
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