logo  ST. CHARLES PARISH, LA
File #: 2021-0168    Version: Name: 2021 Budget, Amendment No. 5, to recognize anticipated additional sales tax revenue based upon current receipts
Type: Ordinance Status: Enacted
File created: 6/21/2021 In control: Parish Council
On agenda: 7/26/2021 Final action: 7/26/2021
Enactment date: Enactment #: 21-7-7
Title: An ordinance to amend the 2021 Consolidated Operating and Capital Budget, Amendment No. 5, to recognize anticipated additional sales tax revenue based upon current receipts. The Parish is forecasting an additional 2% increase in collections over 2020 total collections thus this amendment will recognize $2,763,544 Sales Tax Revenue for the General Fund and apply this total as follows: $950,000 transferred to Roads and Drainage for capital improvements $1,810,000 transferred to Recreation or Improvements other that buildings and architectural and engineering fees; and to allocate the additional sales tax collected in 2020 for the General Fund totaling $937,216 (reflected in amendment #4), transfer this to Recreation via $500,000 for the new Dog Park and $400,000 for West Bank Bridge Park Upgrades. This amendment will also recognize the anticipated Gulf Restore Bill Grant for $1,841,115, which is being applied to the West Bank Boat Launch as well as $800,000 in grant revenue from the Lo...
Sponsors: Matthew Jewell, Department of Finance
Indexes: Boat Launch - Des Allemands, Budget, DRO, Finance (Dept. of), P and R (Dept. of)
Attachments: 1. 2021-0168 5th Amendment -Sales Tax 6.18.2021.pdf, 2. 2021-0168 4th Amendment.pdf, 3. 2021-0168 Postponed from Intro proposed Ord, 4. 2021-0168 Final Ord 21-7-7 with exhibit
Related files: 2021-0018, 2021-0045, 2021-0167, 2021-0169, 2020-0153, 2022-0136, 2022-0131
2021-0168
INTRODUCED BY: MATTHEW JEWELL, PARISH PRESIDENT
(DEPARTMENT OF FINANCE)
ORDINANCE NO. __________
Title
An ordinance to amend the 2021 Consolidated Operating and Capital Budget, Amendment No. 5, to recognize anticipated additional sales tax revenue based upon current receipts. The Parish is forecasting an additional 2% increase in collections over 2020 total collections thus this amendment will recognize $2,763,544 Sales Tax Revenue for the General Fund and apply this total as follows: $950,000 transferred to Roads and Drainage for capital improvements $1,810,000 transferred to Recreation or Improvements other that buildings and architectural and engineering fees; and to allocate the additional sales tax collected in 2020 for the General Fund totaling $937,216 (reflected in amendment #4), transfer this to Recreation via $500,000 for the new Dog Park and $400,000 for West Bank Bridge Park Upgrades. This amendment will also recognize the anticipated Gulf Restore Bill Grant for $1,841,115, which is being applied to the West Bank Boat Launch as well as $800,000 in grant revenue from the Louisiana Department of Treasury and applying $500,000 of this amount to St. Charles Parish drainage improvements for Fund 112.
Body
WHEREAS, the 2021 St. Charles Parish Consolidated Operating and Capital Budget was adopted November 16, 2020 by Ordinance No.20-11-5; and amended January 6, 2021 by Executive Order No. 2021-01; January 25, 2021 by Ordinance No. 21-1-8; February 22, 2021 by Ordinance No. 21-2-9; February 8, 2021 by Executive Order No. 2021-02; February 18, 2021 by Executive Order No. 2021-03; March 23, 2021 by Executive Order No. 2021-04; March 30, 2021 by Executive Order No. 2021-05; April 14, 2021 by Executive Order No. 2021-06; April 27, 2021 by Executive Order No. 2021-07; May 6, 2021 by Executive Order No. 2021-08; June 21, 2021 by proposed amendment #3; July 12, 2021 by proposed amendment #4; and,
WHEREAS, the Council has taken under consideration...

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