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Resolution RS2019-1725

A resolution appropriating to certain accounts for the benefit of the Davidson County Sheriff’s Office, the State Fair, the Industrial Development Board, the Metropolitan Development and Housing Agency, the GSD General Purposes Debt Service Fund, the GSD School Purposes Debt Service Fund, the USD General Purposes Debt Service Fund, the Community Oversight Board, and Municipal Auditorium Twenty Million Ninety Thousand Three Hundred Dollars ($20,090,300), and reducing appropriations for the GSD School Purposes Debt Service Fund in the amount of Five Hundred and Fifty Thousand Dollars ($550,000).

WHEREAS, the Metropolitan Council desires to appropriate to certain accounts for the benefit of the Davidson County Sheriff’s Office, the State Fair, the Industrial Development Board, the Metropolitan Development and Housing Agency, the GSD General Purposes Debt Service Fund, the GSD School Purposes Debt Service Fund, the USD General Purposes Debt Service Fund, the Community Oversight Board, and Municipal Auditorium Twenty Million Ninety Thousand Three Hundred Dollars ($20,090,300) from undesignated fund balances of the General Fund of the General Services District and the General Fund of the Urban Services District, and from revenues of the Municipal Auditorium.

WHEREAS, the Metropolitan Council desires to reduce the appropriation of the GSD School Purposes Debt Service Fund in the amount of Five Hundred and Fifty Thousand Dollars ($550,000), restoring the same amount to the undesignated fund balances of the Schools Debt Service Fund.

NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:

Section 1: That the following amounts from the Undesignated Fund Balance of the General Fund of the General Services District is hereby appropriated:

Primary Expenditure Account # Account Description Amount
30124910.502302 Sheriff - Property Protection $608,000
30124910.501101 Sheriff - Salaries $152,000
30124910.502920 Sheriff - Other Repairs and Maintenance $226,700
01101646.531180 Administrative - State Fair Subsidy $300,000
01101995.502622 Administrative - IDB TIF (Bellevue Mall Project) $1,066,700
01101998.502611 Administrative - MDHA TIF (GSD and Schools) $1,980,700
01102160.531500 Administrative - GSD Debt Service $11,600,000
01102160.531500 Administrative - Schools Debt Service $1,400,000
01102160.531500 Administrative - USD Debt Service $2,000,000
52100100.501000 Community Oversight Board - Salaries & Benefits $124,000
52100100.503130 Community Oversight Board - Computer Hardware $213,200
52100100.503000 Community Oversight Board - Other Operating Expenses $37,800
- TOTAL $19,709,100

Section 2: That the appropriation in Section 1 is funded from the following source:

Revenue Account # Account Description Amount
10101.335000 General Fund - Undesignated Fund Balance $19,709,100
- TOTAL $19,709,100

Section 3: That the following amount from the Undesignated Fund Balance of the General Fund of the Urban Services District is hereby appropriated:

Primary Expenditure Account # Account Description Amount
01191998.502611 Administrative - MDHA TIF (USD) $281,200
- TOTAL $281,200

Section 4: That the appropriation in Section 3 is funded from the following source:

Revenue Account # Account Description Amount
18301.335000 USD General Fund - Undesignated Fund Balance $281,200
- TOTAL $281,200

Section 5: That the following amount of expenditures from the Schools Debt Service Fund is hereby reduced:

Primary Expenditure Account # Account Description Amount
80106000.505627 Schools Debt Service Fund - Commercial Paper Interest ($550,000)
- TOTAL ($550,000)

Section 6: That the following amount of Undesignated Fund Balance of the Schools Debt Service Fund is hereby restored:

Revenue Account # Account Description Amount
25104.335000 Schools Debt Service Fund - Undesignated Fund Balance $550,000
- TOTAL $550,000

Section 7: That the following amounts from the revenues of the Municipal Auditorium Fund are hereby appropriated:

Primary Expenditure Account # Account Description Amount
61501510.501102 Municipal Auditorium - Leave Pay $30,100
61501510.502101 Municipal Auditorium - Electric $27,600
61501510.502110 Municipal Auditorium - District Energy System $20,600
61501510.502302 Municipal Auditorium - Security Services $5,300
61501510.502335 Municipal Auditorium - Janitorial Services $11,900
61501510.502920 Municipal Auditorium – Other Repairs & Maintenance $4,500
- TOTAL $100,000

Section 8: That the appropriation in Section 7 is funded from the following source:

Revenue Account # Account Description Amount
61501510.417604 Municipal Auditorium - Event Revenue $100,000
- TOTAL $100,000

Section 9: That this resolution shall take effect from and after its adoption, the welfare of the Metropolitan Government of Nashville and Davidson County requiring it.

Sponsor(s)

Tanaka Vercher, Kevin Rhoten

Related Documents

Legislative History

Referred toBudget and Finance Committee

IntroducedMay 21, 2019

DeferredMay 21, 2019

AdoptedJune 4, 2019

ApprovedJune 5, 2019

ByMayor Briley's signature

Requests for ADA accommodation should be directed to the Metropolitan Clerk at 615-862-6770.

Last Modified: 06/10/2019 11:45 AM