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Capital projects, revenue streams on council agenda
by Joshua H. Silavent
Nov 28, 2011 | 724 views | 0 0 comments | 4 4 recommendations | email to a friend | print
SPARKS — The City Council today will hear a first reading of an amendment to the municipal code that would direct revenue from the Sparks Police Department’s false alarm program into the city’s general fund.

The proposed ordinance shifts the annual revenue from fees assessed under the false alarm reduction program from the SPD to the city’s general fund. This revenue has been sporadically applied to the city’s general fund in past years, according to staff reports.

Possible adoption of the new ordinance could come as soon as Dec. 12.

Also at today’s meeting, the City Council will consider moving forward with the Capital Projects Fund 1404. According to staff reports, $632,000 is available for projects as identified in the approved Capital Improvement Projects (CIP) plan for the 2011-12 fiscal year.

The Sparks Financial Services Department has prepared the fiscal year 2010-11 General Fund un-audited financial results with a projected unrestricted ending fund balance equal to 12.4 percent of expenditures, which is about $2.2 million over the fiscal policy goal of 8.3 percent and about $1.3 million higher than estimates prepared last spring.  

At its May 9 meeting, the council approved the fiscal year 2011-12 CIP, which included about $1.2 million in possible expenditures for Capital Projects Fund 1404.  At the meeting, the council said all but three of the 12 identified projects could proceed until a better picture of the city’s ending General Fund balance could be determined.

Current authorized 1404 funded projects include the Alf Sorensen Community Center pool exhaust fan/dehumidifier project; the Little League bathroom project at Golden Eagle Regional Park; and an IT technical refresh program.

For a full list of new projects to be approved, see the staff report at http://portal.cityofsparks.us/agendas/meeting/29/item/143.

The City Council meets at 2 p.m. today in the legislative chambers located at 745 Fourth St.
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