LEGISLATIVE FACT SHEET
DATE: ____09/15/2011____ BT OR RC NUMBER: 2011-635
(Administration Bills)
SPONSOR (Department/Division/Agency/Council Member): Finance / Treasury
PURPOSE/SUMMARY:
1. To align debt service budget recorded in generic transfer index codes, as estimates, to actual debt service index codes to allow recording for year-end debt service payments in the banking fund.
2. To align debt service budget for BJP Infrastructure bonds (242) to State-Infrastructure Bank loans (252) for year-end debt service payments within the Special Bonded Debt group of funds.
APPROPRIATION: Total Amount Appropriated: $7,791,558.00 as follows:
(Name of Fund as it will appear in title of legislation)
Name of Federal Funding Source: Amount: $
Name of State Funding Source: Amount: $
Name of City of Jax Funding Source: Debt Service Accounts Amount: $ 7,791,558.00
Name of In-Kind Contribution Source: Amount: $
Name of Bond Acct Amount: $
Number ______
IMPACT - FINANCIAL/OTHER: None.
ACTION ITEMS:
Emergency? Yes ___ No _X _ Justification:______
______
Federal or State Mandates? Yes ___ No _X__
Fiscal Year Carryover? Yes ___ No _X______
CIP Amendment? Yes ___ No _X__ (Attach CIP form)
Contract/Agreement (C/A) Approval Yes ___ No _X__ (Attach a copy only)
C/A negotiations on-going? Yes ___ No _X__
Oversight Department Required? Yes ___ No _X__ Name of Dept.______
Related RC/BT? Yes _X_ No ____ (Attach a copy)
Waiver of Code? Yes ___ No _X__ (Identify Code Provision ______)
Code Exception? Yes ___ No _X__ (Identify Code Provision ______)
Continuation Grant? Yes ___ No _X__
Surplus Property Certification? Yes ___ No _X__ (Attach a copy)
Related Enacted Ordinances? Yes ___ No _X__ Ord. # of Previous Ord. ______
Report Required to City Council/Council Auditors Yes ___No___ Date ___ Frequency ___
ADMINISTRATION TRANSMITTAL
To: MBRC, c/o Roselyn Chall, Budget Division, Suite 325
CC: Chris Hand, Chief of Staff
Mayor's Office, Fourth Floor, City Hall at St. James
From: Michael R. Givens, Treasurer – Treasury
(Name, Job Title, Department)
Phone: (904) 630-2721 Fax: (904) 630-3615 E-mail:
Contact person: Marc Stickney, Senior Debt Manager
(Name, Job Title, Department)
Phone: (904) 630-0872 Fax: (904) 630-3615 E-mail:
______
COUNCIL MEMBER / INDEPENDENT AGENCY / CONSTITUTIONAL OFFICER TRANSMITTAL
To: Steve Rohan (630-1672) or Peggy Sidman (630-4647),
Office of General Counsel, Suite 480, City Hall at St. James
From: Michael R. Givens, Treasurer – Treasury
(Name, Job Title, Department)
Phone: (904) 630-2721 Fax: (904) 630-3615 E-mail:
Contact person: Marc Stickney, Senior Debt Manager
(Name, Job Title, Department)
Phone: (904) 630-0872 Fax: (904) 630-3615 E-mail:
Legislation from Independent Agencies requires a resolution from the Independent Agency Board approving the legislation.
FACT SHEET IS REQUIRED BEFORE LEGISLATION IS INTRODUCED
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