Title
Ordinance Making Appropriations to the Grant Projects, Financial Plans, Enterprise Funds, Debt Service Fund, Special Tax District, and Convention Center Fund for the Fiscal Year Beginning July 1, 2024
Body
LEGISLATIVE INTENT/PURPOSE:
Appropriations for the Fiscal Year beginning July 1, 2024.
THEREFORE, BE IT ORDAINED:
SECTION I: Pursuant to N.C.G.S. §159-13.2, the following Grant Project appropriations are hereby made to the funds listed in the schedule below, consistent with the Recommended Budget and any changes made during City Council’s work sessions, and the following revenues are estimated to be available during the fiscal year to meet these appropriations in the respective funds:
COMMUNITY DEVELOPMENT BLOCK GRANT
Appropriations
Economic & Physical Development $894,587
Total Appropriations $894,587
Revenues
Federal Entitlement $894,587
Total Revenues $894,587
HOME INVESTMENT PARTNERSHIP FUND
Appropriations
Economic & Physical Development $568,783
Total Appropriations $568,783
Revenues
HOME Investment Partnership $568,783
Total Revenues $568,783
CDBG/HOME GRANT AND LOAN ADMINISTRATION FUND
Appropriations
CD/HM Grant and Loan Operations $1,021,690
Total Appropriations $1,021,690
Revenues
Transfer from General Fund $606,978
Transfer from CDBG $357,834
Transfer from HOME Fund $56,878
Total Revenues $1,021,690
SPECIAL PURPOSE FUND
Appropriations
SABLE Program $458,675
Safelight Camera Program $2,004,619
Metropolitan Transportation Planning Administration $2,101,137
Regional Hazmat Response Team $69,000
Total Appropriations $4,633,431
Revenues
Transfer from General Fund $557,397
Intergovernmental Revenue $2,302,269
Red Light Fines and Late Fees $1,488,877
Interest on Investments $284,888
Total Revenues $4,633,431
OPIOID FUND
Appropriations
Agencies $191,957
Operating $14,000
Total Appropriations $205,957
Revenues
Intergovernmental Revenues $205,957
Total Revenues $205,957
SECTION II: Pursuant to N.C.G.S. §159-13.1, the following Financial Plans are hereby made to the funds listed in the schedule below, and the following revenues are estimated to be available during the fiscal year to meet these appropriations in the respective funds.
FLEET MAINTENANCE/REPLACEMENT FUND
Appropriations
Fleet Management Operations $13,825,153
Total Appropriations $13,825,153
Revenues
Lease Charges $8,316,013
Other Revenue and Interest Earnings $5,000
Appropriated Fund Balance $5,504,140
Total Revenues $13,825,153
TECHNOLOGY REPLACEMENT FUND
Appropriations
PC and Technology Support Operations $1,957,829
Total Appropriations $1,957,829
Revenues
Technology Replacement Charges $811,668
Transfer from General Fund $638,311
Appropriated Fund Balance $507,850
Total Revenues $1,957,829
SECTION III: The following appropriations are hereby made to the Enterprise funds listed in the schedule below, and the following revenues are estimated to be available during the fiscal year to meet these appropriations in the respective funds.
GOLF COURSE FUND
Appropriations
Golf Course Operations $3,606,753
Total Appropriations $3,606,753
Revenues
Greens/Concessions Fees $2,371,753
Other Revenue and Interest Earnings $15,000
Transfer From Debt Service $400,000
Appropriated Fund Balance $820,000
Total Revenues $3,606,753
PARKING FACILITIES FUND
Appropriations
Parking Facilities Operations $8,119,175
Debt Service $3,085,951
Total Appropriations $11,205,126
Revenues
Parking Fees $6,044,151
Fines & Forfeitures $609,900
Transfer from Debt Service Fund $2,134,128
Interest Earnings $120,000
Appropriated Fund Balance $2,296,947
Total Revenues $11,205,126
RECYCLING AND TRASH SERVICES FUND
Appropriations
Recycling and Trash Services Operations $12,579,065
Total Appropriations $12,579,065
Revenues
Recycling and Trash Services Disposal Tax $89,000
Refuse Collection Fees $11,826,583
Other Revenue and Interest Earnings $125,116
Transfer from General Fund $288,366
Transfer from Parking Fund $250,000
Total Revenues $12,579,065
STORM WATER MANAGEMENT FUND
Appropriations
Storm Water Operations $12,754,577
Debt Service $1,630,590
Total Appropriations $14,385,167
Revenues
Storm Water Utility Fees $13,426,170
Other Revenue and Interest Earnings $355,000
Appropriated Fund Balance $603,997
Total Revenues $14,385,167
SECTION IV. There is a hereby levied tax rate of $0.0975 per $100 valuation earmarked for Debt Service in support of past and current Capital Improvement Plans, Bond projects, and other collaborative public private partnership projects, and restricted in the Debt Service Fund for the purpose of raising revenue from current property tax, as set forth in the foregoing estimate of revenues.
DEBT SERVICE FUND
Appropriations
Debt Service Payments $38,428,544
Total Appropriations $38,428,544
Revenues
Property Tax $22,407,851
Transfer from General Fund $13,334,832
Other Revenue and Interest Earnings $2,685,861
Total Revenues $38,428,544
SECTION V: There is a hereby levied tax rate of $0.0647 per $100 valuation within the established boundaries of the Municipal Service District of the City of Wilmington, for the purpose of raising revenue to fund downtown service enhancements, from current property tax as set forth in the foregoing estimate of revenues listed for taxes as of January 1, 2024.
SPECIAL TAX DISTRICT
Appropriations
Special Tax District $1,063,955
Total Appropriations $1,063,955
Revenues
Property Tax $619,088
Sales Tax $254,867
Interest on Investments $15,000
Appropriated Fund Balance $175,000
Total Revenues $1,063,955
SECTION VI: The following appropriations are hereby made to the Convention Center Fund listed in the schedule below, and the following revenues are estimated to be available during the fiscal year to meet these appropriations in the respective funds.
CONVENTION CENTER OPERATING FUND
Appropriations
Convention Center Operating $8,120,776
Debt Service $4,011,051
Transfer to General Fund $500,000
Total Appropriations $12,631,827
Revenues
Room Occupancy Tax $5,600,375
Interest on Investments $816,452
Convention Center Revenue $5,543,329
Convention Center Parking Deck Revenue $671,671
Total Revenues $12,631,827
SECTION VII: Appropriations herein authorized shall have the amount of outstanding purchase orders as of June 30, 2024, added to each appropriation as it appears to account for the payment against the fiscal year in which it is paid.
SECTION VIII: The City Council authorizes the consolidation and other actions necessary to comply with GASB pronouncements that would affect financial reporting compliance.
SECTION IX: The City Council authorizes the appropriation and implementation of retiree payout based upon usage to the respective functions, departments, divisions, and sections upon adoption of the FY25 budget.
SECTION X: The City Council authorizes the appropriation of 5% of salary and benefits to support a merit pool and a market adjustment budget for implementation in accordance with the City’s compensation plan increases based upon usage to the respective departments, divisions, and sections upon adoption of the FY25 budget.
SECTION XI: The City Council authorizes the appropriation and implementation of the Wilmington Area Metropolitan Transportation Planning Administration based upon usage to the respective functions, departments, divisions, and sections upon the adoption of the FY25 budget.
SECTION XII: The City Council authorizes the appropriation and implementation of workers’ compensation claims based upon usage to the respective functions, departments, divisions, and sections upon adoption of the FY25 budget.
SECTION XIII: The City Council authorizes the appropriation and implementation of liability insurance based upon usage to the respective functions, departments, divisions, and sections upon adoption of the FY25 budget.
SECTION XIV: Any construction or repair project undertaken by city work forces shall be in compliance with the requirements of North Carolina General Statutes 143-135, and are hereby approved upon adoption of the FY25 budget.
SECTION XV: That appropriations herein authorized shall fund the following Full Time Equivalent (“FTE”) positions. It does not include other temporary or seasonal positions such as interns:
|
CD/HM Grants and Loan Administration |
FTE: 11.00 |
|
Fleet |
FTE: 13 |
|
Golf |
FTE: 14.88 |
|
Parking |
FTE: 3 |
|
Municipal Service District |
FTE: 2 |
|
Recycling & Trash Services |
FTE: 75 |
|
Stormwater |
FTE: 62.48 |
|
Special Purpose WMPO |
FTE: 14 |
|
Special Purpose SABLE |
FTE: 2 |
|
Special Purpose HEALTHY HOMES |
FTE: 3 |
|
Total Full-Time Equivalent: |
FTE: 200.36 |