City Council Special Called Meeting

869 870  871 CITY OF TUPELO, MISSISSIPPI BUDGET FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2021 Under the provisions of Section 21-35-5 of Mississippi Code of 1982 Annotated, it is hereby ordered by the Mayor and the City Council of the City of Tupelo, Mississippi that the following Budget for the City of Tupelo, Mississippi ending September 30, 2021, be hereby fixed, adopted and approved, to writ: FY 2020 FY 2021 Budget Amounts Budget Amounts General Fund Revenues Local Taxes 7,553,617 7,897,082 Licenses & Permits 1,067,500 1,030,000 Intergovernmental Revenues: Federal Grants 60,000 60,000 State Grants 260,000 264,526 State Shared Revenues 22,303,825 21,395,000 In Lieu of Taxes 3,400,000 3,400,000 District Road Tax 1,255,000 1,305,000 Local Grants 239,759 189,759 Charges for Services 769,000 747,000 Fines & Forfeits 726,000 728,000 Interest Income & Misc Revenues 544,400 723,860 Other Financing Resources 226,471 226,471 Unreserved Fund Balance 0 0 Total General Fund Revenues 38,405,572 37,966,698 General Fund Expenditures City Council Personnel Cost 289,976 294,770 Supplies 5,000 5,000 Other Services 196,650 331,650 Capital Expenditures 0 0 Total City Council 491,626 631,420 Executive Department Personnel Cost 729,898 731,445 Supplies 16,500 22,000 Other Services 285,475 277,475 Capital Expenditures 0 0 Total Executive Department 1,031,873 1,030,920 City Court Personnel Cost 838,521 838,324 Supplies 19,100 23,100 Other Services 105,121 107,601 Capital Expenditures 0 7,000 Total City Court 962,742 976,025 APPENDIX 1 A  872 General Fund Expenditures - Continued FY 2020 FY 2021 Budget Amounts Budget Amounts Finance Personnel Cost 932,531 932,466 Supplies 56,600 68,600 Other Services 417,093 429,858 Capital Expenditures 50,000 41,500 Total Finance 1,456,224 1,472,424 CVB Personnel Cost 142,506 142,507 Total CVB Expenditures 142,506 142,507 Human Resources Personnel Cost 197,195 153,451 Supplies 5,100 4,100 Other Services 29,946 27,946 Capital Expenditures 0 0 Total Human Resources 232,241 185,497 Development Services Personnel Cost 1,381,776 1,255,521 Supplies 35,500 24,000 Other Services 75,421 66,921 Capital Expenditures 0 0 Total Development Services Dept 1,492,697 1,346,442 Police Department Personnel Cost 8,740,620 8,740,619 Supplies 603,000 563,000 Other Services 1,564,385 1,526,293 Capital Expenditures 179,500 179,500 Total Police Department 11,087,505 11,009,412 Fire Department Personnel Cost 5,872,541 5,821,595 Supplies 293,500 282,150 Other Services 305,889 301,689 Capital Expenditures 0 0 Total Department 6,471,930 6,405,434 APPENDIX 2 A  873 General Fund Expenditures - Continued FY 2020 FY 2021 Budget Amounts Budget Amounts Public Works Department Personnel Cost 3,021,120 2,982,418 Supplies 384,100 363,100 Other Services 2,051,558 2,176,058 Capital Expenditures 17,000 17,000 Total Department 5,473,778 5,538,576 Park & Recreation Personnel Cost 1,883,924 1,837,506 Supplies 377,585 377,585 Other Services 921,062 921,062 Capital Expenditures 10,000 10,000 Total Park & Recreation 3,192,571 3,146,153 Aquatics Facility Personnel Cost 426,144 429,287 Supplies 113,117 103,500 Other Services 363,075 363,075 Capital Expenditures 5,000 5,000 Total Aquatics Facility 907,336 900,862 Musuem Personnel Cost 133,567 123,282 Supplies 9,000 9,000 Other Services 30,850 30,850 Capital Expenditures 0 0 Total Museum 173,417 163,132 Community Services 1,082,063 1,040,904 Debt Service 564,791 664,621 Other Financing Uses 3,642,272 3,244,483 Reserves 0 67,886 Total General Fund Expenditures 38,405,572 37,966,698 APPENDIX 3 A  874 Special Revenue Funds FY 2020 FY 2021 Budget Amounts Budget Amounts Fund #101 Library Fund Revenues Advalorem Taxes 492,130 502,904 Interest Income - - Unreserved Fund Balance 10,774 - Total Revenues 502,904 502,904 Expenditures Other Services & Charges 502,904 502,904 Total Expenditures 502,904 502,904 Fund #102 Convention & Visitors Bureau Revenues Intergovernmental Revenues 4,915,669 3,461,927 Interest Income 15,000 25,000 Unreserved Fund Balance 0 768,441 Total Revenues 4,930,669 4,255,368 Expenditures Personnel Services 730,620 715,556 Supplies 21,500 19,500 Other Services & Charges 2,614,705 1,984,411 Capital Outlay 40,000 10,000 Other Financing Uses 1,523,844 1,525,901 Reserve for Contigency 0 0 Total Expenditures 4,930,669 4,255,368 Fund #103 Firemen and Policemen Retirement Fund Revenues Ad Valorem Taxes 816,834 861,701 Interest Income 0 0 Fund Balance 58,166 38,299 Total Revenues 875,000 900,000 Expenditures Personnel Services 875,000 900,000 Total Expenditures 875,000 900,000 APPENDIX 4 A  875 Special Revenue Funds - Continued FY 2020 FY 2021 Budget Amounts Budget Amounts Fund #104 Rental Rehabilitation Fund Revenues Federal Grants 0 0 Interest Income 0 0 Unreserved Fund Balance 22,574 12,535 Total Revenues 22,574 12,535 Expenditures Other Services & Charges 22,574 12,535 Other Financing Uses 0 0 Total Expenditures 22,574 12,535 Fund #105 Coliseum Project Fund Revenues Other Financing Sources 2,215,120 2,215,120 Interest Income 10,000 15,000 Fund Balance 0 8,660 Total Revenues 2,225,120 2,238,780 Expenditures Capital Outlay 0 0 Other Financing Uses 2,225,120 2,238,780 Fund Balance 0 0 Total Expenditures 2,225,120 2,238,780 Fund #111 Transportation Fund Revenues Federal Grants 0 0 Interest Income 0 0 Other Financing Sources 160,000 138,000 Unreserved Fund Balance 0 0 Total Revenues 160,000 138,000 Expenditures Other Services & Charges 160,000 138,000 Total Expenditures 160,000 138,000 APPENDIX 5 A  876 Special Revenue Funds - Continued FY 2020 FY 2021 Budget Amounts Budget Amounts Fund #109 Coliseum Operating Fund Revenues Charges For Services 5,160,830 2,988,520 Interest & Misc. Revenue 25,000 9,500 Other Financing Sources 450,000 925,830 Unreserved Fund Balance 0 250,114 Total Revenues 5,635,830 4,173,964 Expenditures Personnel Services 2,048,330 1,315,764 Supplies 600,500 425,200 Other Services & Charges 2,687,000 1,908,000 Capital Outlay 300,000 525,000 Total Expenditures 5,635,830 4,173,964 Fund #106 North MS Narcotic Unit Revenues Grants 10,000 10,000 Interest/Miscellaneous 70,000 85,000 Forfeited Funds 100,000 100,000 Other Financing Sources 60,000 60,000 Fund Balance 395,600 395,600 Total Revenues 635,600 650,600 Expenditures Personnel Services 0 0 Supplies 68,500 68,500 Other Services & Charges 360,500 361,000 Capital Outlay 157,500 172,000 Other Financing Uses 49,100 49,100 Total Expenditures 635,600 650,600 APPENDIX 6 A  877 Debt Service Funds FY 2020 FY 2021 Budget Amounts Budget Amounts Fund #200 Municipal Bond and Interest Fund Revenues Ad Valorem Taxes 3,526,085 3,719,765 Interest & Misc Receivables 15,000 0 Other Financing Sources 1,581,751 1,582,950 Unreserved Fund Balance 2,041,279 0 Total Revenues 7,164,115 5,302,715 Expenditures Principal Payment 5,690,000 3,575,000 Interest Payment 1,449,115 1,702,715 Agent Fees 25,000 25,000 Total Expenditures 7,164,115 5,302,715 Fund #201 Water G.O. Bonds Fund Revenues Intergovernmental Revenues 4,200,000 4,100,000 Interest 0 0 Transfer from NEMRWSD 299,155 320,831 Unreserved Fund Balance 299,154 320,832 Total Revenues 4,798,309 4,741,663 Expenditures Principal Payment 340,000 360,000 Interest Payment 249,309 266,663 Agent Fees 9,000 15,000 Transfer to NEMRWSD 4,200,000 4,100,000 Total Expenditures 4,798,309 4,741,663 APPENDIX 7 A  878 Debt Service Funds - Continued FY 2020 FY 2021 Budget Amounts Budget Amounts Fund #224 Tax Increment Debt Service Revenues Tax Increment Taxes 64,150 61,900 Interest Income 0 0 Transfer from Capital Project Fund 0 0 Fund Balance 0 0 Total Revenues 64,150 61,900 Expenditures Principal Payment 50,000 50,000 Interest Payment 12,150 9,900 Agent Fees 2,000 2,000 Total Expenditures 64,150 61,900 Fund #222 Special Assessments Bond & Interest Fund Revenues Interest 0 0 Other Financing Sources 0 31,588 Special Assessment Taxes 41,890 0 Unreserved Fund Balance 0 67,500 Total Revenues 41,890 99,088 Expenditures 375 Principal 35,000 0 375 Interest 1,890 0 Paying Agent Fees 5,000 0 Other Financing Uses 0 99,088 Total Expenditures 41,890 99,088 APPENDIX 8 A  879 Debt Service Funds - Continued FY 2020 FY 2021 Budget Amounts Budget Amounts Fund #226 Special Obligation Bond Debt Revenues Interest 0 0 Unreserved Fund Balance 668,309 700,838 Total Revenues 668,309 700,838 Expenditures Sp Obligation-Principal 0 0 Special Oblig-Interest 656,309 688,838 Paying Agent Fees 12,000 12,000 Total Expenditures 668,309 700,838 APPENDIX 9 A  880 FY 2020 FY 2021 Capital Project Funds Budget Amounts Budget Amounts Fund #327 Tupelo Capital & Infrastructure Fund Revenues Grants 800,000 985,889 Transfer from Other Funds 3,027,590 3,317,454 Bond Proceeds - - Lease Proceeds - - Contributions - - Unreserved Fund Balance 6,014,619 13,718,230 Total Revenues 9,842,209 18,021,573 Expenditures Other Services & Charges Neighborhood Revitalization 989,922 800,000 Beautification Projects 16,126 15,000 Maintenance Projects 265,000 342,522 Street Overlay 1,835,000 3,060,230 Contingencies/Match 300,000 100,000 Total Other Services & Charges 3,406,048 4,317,752 Capital Infrastucture Improvements 2,755,856 7,140,834 Equipment 136,437 590,782 Building Improvements 427,125 3,563,973 Park Improvements 2,482,243 967,932 Vehicles 180,000 220,489 Police Vehicles 320,000 300,905 Fire Equipment 134,500 918,906 Total Capital 6,436,161 13,703,821 Bond Cost - - Total Expenditures 9,842,209 18,021,573 APPENDIX 10 A  881 FY 2020 FY 2021 Capital Project Funds-Continued Budget Amounts Budget Amounts Fund #316 Capital Projects Fund Revenues Grants 48,166 0 Donations 0 0 Unreserved Fund Balance 204,134 250,000 Total Revenues 252,300 250,000 Expenditures Street/Bridge Improvement East Tupelo-Curb & Gutter Phase III 14,134 0 Public Safety Police Dept-DPS Funds 48,166 0 Police Dept-Tobacco Funds 190,000 250,000 Capital Expenditures 252,300 250,000 Reserve 0 0 Total Expenditures 252,300 250,000 Fund #334 Special Levy Street Improvement Phase VI Revenues Ad Valorem Taxes 5,073,503 5,182,793 Homestead Exemption 0 169,387 Grants-MDOT 0 0 Interest & Misc Receivables 25,000 25,000 Unreserved Fund Balance 5,000,000 5,800,000 Total Revenues 10,098,503 11,177,180 Expenditures Personnel Costs 103,155 106,100 Other Services & Charges-Maintenance 1,269,000 2,277,195 Capital Outlay 8,726,348 8,793,885 Other Financing Uses 0 0 Total Expenditures 10,098,503 11,177,180 APPENDIX 11 A  882 FY 2020 FY 2021 Capital Project Funds-Continued Budget Amounts Budget Amounts Fund #317 Fairgrounds Construction Fund Revenues Grants 0 0 Land Sales 200,000 0 Unreserved Fund Balance 111,985 593,181 Total Revenues 311,985 593,181 Expenditures Other Services & Charges 0 50,000 Capital Outlay 311,985 543,181 Other Financing Uses 0 0 Total Expenditures 311,985 593,181 Fund #328 Special Obligation Fund Revenues Bond Issue Proceeds 0 0 Unreserved Fund Balance 15,410,474 6,208,379 Total Revenues 15,410,474 6,208,379 Expenditures Capital Outlay 15,410,474 6,208,379 Total Expenditures 15,410,474 6,208,379 Internal Service Funds Fund #505 Self-Insurance Fund Revenues Transfers From Other Funds 0 0 Fund Balance 500,000 400,000 Total Revenues 500,000 400,000 Expenditures Other Services & Charges 500,000 400,000 Total Expenditures 500,000 400,000 APPENDIX 12 A  883 Propriety Funds FY 2020 FY 2021 Budget Amounts Budget Amounts Fund #400 Waterworks and Sewer System Revenues SRF Loans 11,000,000 9,000,000 Charges For Services 13,800,000 14,000,000 Interest & Miscellaneous Income 250,000 300,000 Retained Earning-Beginning 7,000,000 5,914,534 Total Revenues 32,050,000 29,214,534 Expenses Water & Sewer Expenditures Personnel Services 2,780,311 2,726,667 Supplies 365,500 406,100 Other Services & Charges 4,470,957 4,507,225 Capital 17,817,832 15,292,756 Total Water & Sewer Expenditures 25,434,600 22,932,748 Debt Service 923,449 1,023,803 Other Financing Uses 1,245,528 1,257,983 Fund Balance 4,446,423 4,000,000 Total Expenditures 32,050,000 29,214,534 APPENDIX 13 A  884 Propriety Funds - Continued FY 2020 FY 2021 Budget Amounts Budget Amounts Fund #402 Electric Fund Revenues Charges For Services 58,740,629 58,772,000 Fines & Forfeits 100,000 100,000 Interest & Miscellaneous Income 1,060,000 1,060,000 Retained Earnings 9,900,000 9,046,444 Total Revenues 69,800,629 68,978,444 Electric Expenditures Personnel Services 3,864,894 3,848,884 Supplies 320,000 328,000 Other Services & Charges 55,331,271 55,423,699 Capital 7,221,741 6,638,761 Debt Service 248,100 239,100 Total Operating Expenditures 66,986,006 66,478,444 Retained Earnings-Ending 2,814,623 2,500,000 Total Expenses 69,800,629 68,978,444 Fund #404 Solid Waste Management Fund Revenues Charges For Services 3,214,014 3,499,686 Interest Income 10,000 10,000 Franchise Fees 325,000 325,000 Fund Balance 107,259 0 Total Revenues 3,656,273 3,834,686 Expenses Personnel Services 425,928 424,457 Other Services & Charges 3,230,345 3,410,229 Capital 0 0 Debt Service 0 0 Other Financing Uses-Transfers 0 0 Total Sanitation Fund 3,656,273 3,834,686 APPENDIX 14 A  885 APPENDIX A