049 of 2005 - ratifying & readopting a final budget for the Library fund for Fiscal Year 2005-2006 • • 0 05-1
H 05-4
SALT LAKE CITY ORDINANCE
No. 49 of 2005
(Ratifying and Re-Adopting a final budget for the Library Fund
of Salt Lake City, Utah for fiscal year 2005-2006)
AN ORDINANCE RATIFYING AND RE-ADOPTING A FINAL BUDGET
FOR THE LIBRARY FUND OF SALT LAKE CITY, UTAH FOR FISCAL YEAR
2005-2006.
PREAMBLE
Pursuant to the provisions of Section 10-6-111 of the Utah Code Annotated, the
City Budget Officer prepared and filed with the City Council a tentative budget in proper
form for all funds for which budgets are required by said law, including the budget for the
Library Fund, for fiscal year 2005-2006. The tentative budget was accompanied by a
budget message as required by law.
The tentative budget, including the budget for the Library Fund, was adopted by
the City Council in Resolution No. 24 of 2005, on May 3, 2005.
Section 10-6-118 of the Utah Code Annotated requires that before the 22nd day of
June of each fiscal year or, August 17, in case of a property tax increase under Sections
59-2-919 through 59-2-923 of the Utah Code Annotated, the governing body shall, by
resolution or ordinance, adopt a budget for the ensuing fiscal year for each fund for which
a budget is required.
On June 21, 2005, the City adopted Ordinance No. 42 of 2005, by which the City
adopted a final budget for the Library fund. Pursuant to the City's request, the State Tax
Commission extended the deadline to adopt a final budget until August 23, 2005.
On August 23, 2005, the City held a public hearing on the proposed library budget
as required by law. The City now wishes to ratify and re-adopt a final budget for the
Library fund for fiscal year 2005-2006.
The City budget officer, based upon input received from the City Council, has
now prepared a final budget for the Library Fund, in proper form.
NOW, THEREFORE, be it ordained by the City Council of Salt Lake City:
SECTION 1. PURPOSE. The purpose of this ordinance is to ratify and re-adopt
a final budget for the Library Fund, for fiscal year 2005-2006. All conditions precedent
to the adoption of the final budget for the Library Fund have been accomplished.
SECTION 2. RATIFICATION AND RE-ADOPTION OF FINAL BUDGET.
The budget attached hereto and made a part of this Ordinance, shall be, and the same
hereby is ratified and re-adopted as the final budget for the Library Fund of the City for
the fiscal year beginning July 1, 2005 and ending June 30, 2006, in accordance with the
requirements of Sections 10-6-105, 10-6-118 and 59-2-923 of the Utah Code Annotated.
The final budget for the Library Fund is subject to the approval of the Mayor and
reconsideration of the City Council pursuant to Section 10-3-1214 of the Utah Code
Annotated.
SECTION 3. FILING OF FINAL BUDGET. The City Budget Officer is hereby
authorized and directed to certify and file copies of said final budget with the State
Auditor as required by Section 10-6-118 of the Utah Code Annotated.
SECTION 4. PUBLIC INSPECTION. The City Budget Officer is hereby
authorized and directed to certify and file copies of said final budget in the office of said
Budget Officer and in the Office of the City Recorder, which budget shall be available for
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public inspection during regular business hours as required by Section 10-6-119 of the
Utah Code Annotated.
SECTION 5. EFFECTIVE DATE. This Ordinance shall take effect upon
publication.
Passed by the City Council of Salt Lake City, Utah, this 23rd day of
August , 2005. 614t4
CHAIRP RSON
ATTEST:
C EF DEPU Y CI R C ER
Transmitted to the Mayor on August 23, 2005
Mayor's Action: K Approved. Vetoed.
MAYOR
APPHCGvEU AS Y`:j LLj �
ATTEST: Salt Laxe City Attorney's °INN;e
Date 7- Z9-.,o/S
'CE ct. F DEPUTY CIT E 0 ER
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4 " ill No. 49 of 2005.
Published: August 31, 2005 •
I`Ordinance 05\Budget\Adopt final library budget-July 29,2005 doc
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SALT LAKE CITY PUBLIC LIBRARY
2005-06 BUDGET
Proposed Adopted
Budget Council Budget
2005-06 Changes 2005-06
Operating Revenue
General property tax $ 12,259,000 $ (200,000) $ 12,059,000
Copy machines and sundry revenue 67,000 67,000
Fines and collections 360,000 360,000
Interest 50,000 50,000
Grants-LSTA/BCR 15,000 15,000
Donations/Other Grants 120,000 120,000
Leases 60,000 60,000
Events/Conferences 40,000 40,000
Total operating revenue 12,971,000 (200,000) 12,771,000
Capital Revenue
General property tax 250,000 (170,000) 80,000
RDA rebate 100,000 100,000
Interest 10,000 10,000
Prior year capital fund balance 890,000 890,000
Donations and grants 50,000 50,000
Total capital revenue 1,300,000 (170,000) 1,130,000
Total revenue $ 14,271,000 $ (370,000) $ 13,901,000
Operating Expenses $ 12,621,000 $ - $ 12,621,000
Contingency 350,000 (200,000) 150,000
Capital Improvements Program
Main library 150,000 150,000
Branch building fund 500,000 (150,000) 350,000
Technology enhancement- Systems fund 250,000 250,000
Vehicle replacement fund 10,000 10,000
Building and grounds- Capital repairs 150,000 150,000
Prior year/contingency 240,000 (20,000) 220,000 1
Total capital expenditures 1,300,000 (170,000) 1,130,000
Total expenditures $ 14,271,000 $ (370,000) $ 13,901,000