ORDINANCE AND RESOLUTION FACT SHEET					City of Shreveport
TITLE			DATE			ORIGINATING DEPT./DIV.
AN ORDINANCE ADOPTING THE 2010 GOLF ENTERPRISE FUND BUDGET, APPROPRIATING THE FUNDS AUTHORIZED THERIN, AND OTHERWISE PROVIDING WITH RESPECT THERETO			Oct. 1, 2009			EXECUTIVE OFFICE
						SPONSOR OR COUNCIL MEMBER
						MAYOR CEDRIC B. GLOVER
PURPOSE
To adopt the 2010 Golf budget to operate Querbes and Huntington Golf Courses and to manage the contractual agreement for a third party to operate Jerry Tim Brooks Golf Course, in accordance with State law and City Charter.
This Ordinance or Resolution will have direct impact on Council District:							All
BACKGROUND INFORMATION
This to provide funding for the operation of Huntington and Querbes Golf Courses. Jerry Tim Brooks Golf Course will be managed, subject to Council approval, by a third party management agreement with The First Tee program. This program extends the game of golf to youth who might not otherwise be exposed to such opportunities. For the first time in recent history, the Golf Fund will operate without a subsidy from the City. Also for the first time in several years, the Golf Fund budget now includes a current fund balance to accurately reflect the fund balance presented in audited financial statements.
TIMETABLE
Introduction:	October 13, 2009
Final Passage:	By December 15, 2009
SPECIAL PROCEDURAL REQUIREMENTS
A public hearing must be held on this budget for adoption by Council.
FINANCES				SOURCE OF FUNDS
CONCLUSION
Approval of this ordinance is recommended.
FACT SHEET PREPARED BY:		Rick Seaton, Assistant CAO

ORDINANCE NO. ____OF 2009

AN ORDINANCE ADOPTING THE 2010 BUDGET FOR THE GOLF ENTERPRISE FUND, APPROPRIATING THE FUNDS AUTHORIZED THEREIN, AND OTHERWISE PROVIDING WITH RESPECT THERETO

BY:

WHEREAS, Article 7 of the Charter of the City of Shreveport requires the adoption of a comprehensive operating budget for the fiscal year beginning January 1, 2010; and

WHEREAS, sufficient revenues for the operation of the City’s municipal golf courses are available from sources authorized by law.

NOW, THEREFORE, BE IT ORDAINED, by the City Council of the City of Shreveport, in legal session convened, that:

1. Estimated Receipts - The estimated Golf Enterprise Fund receipts for the year 2010 are hereby established and adopted as follows:

Estimated Available Fund Balance 1/1/2010 $ 184,000

External Service Charges and Fees 1,325,500

Miscellaneous Revenues 2,000

TOTAL $1,511,500

2. Appropriations - The funds set forth in the following classes of expenditures are hereby appropriated out of the Golf Enterprise Fund operating receipts for the year 2010:

Personal Services $ 707,600

Materials and Supplies 215,400

Contractual Services 251,200

Other Charges 400

Operating Reserves 193,100

Notes Payable 43,800

TOTAL $1,511,500

3. The Golf Enterprise Fund budget presented to the City Council by the Mayor on October 1, 2009, as amended by subsequent action by this Council, be and the same is hereby adopted.

4. Capital Transfers - All amounts authorized by the Capital Improvements Budget ordinance to be financed from Golf Enterprise Fund receipts shall be transferred to the proper capital funds as provided by the Capital Improvements Budget ordinance.

5. Administration - The Mayor is hereby authorized to execute all contracts, deeds, grant documents and other legal instruments necessary to expend or receive funds herein authorized.

6. Donation of City Funds - No funds herein appropriated shall be donated, loaned or pledged, and no expenditures for such purposes shall be authorized except in accordance with Section 26-53 of the Code of Ordinances, as it exists now or may hereafter be amended.

BE IT FURTHER ORDAINED that if any provision or item of this ordinance or the application thereof is held invalid, such invalidity shall not affect other provisions, items or applications of this ordinance which can be given effect without the invalid provisions, items or applications; and to this end, the provisions of this ordinance are hereby declared severable.

BE IT FURTHER ORDAINED that all ordinances or parts thereof in conflict herewith are hereby repealed.

BE IT FURTHER ORDAINED that this ordinance will be effective on January 1, 2010.

APPROVED AS TO LEGAL FORM:

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City Attorney’s Office