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CC RES 2005-053RESOLUTION NO. 2005 -53 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES APPROVING A BUDGET APPROPRIATION AND ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR FISCAL YEAR 2005 -2006. WHEREAS, on May 31st, 2005, the City Council conducted an advertised Public Hearing to receive public input regarding the proposed budget for FY05 -06; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: Section 1: That an Appropriation- Expenditure Budgeting Program showing budgetary categories by department is hereby adopted. The adopted budget, by fund, is per the attached Exhibit A with a total Estimated Ending Unreserved Fund Balance of $21,857,552 as of June 30, 2006, exclusive of the City's Redevelopment Agency and Improvement Authority. A. The City Manager is authorized to transfer certain Budget Appropriation Balances within functions and /or programs when he deems it necessary to do so in accordance with Chapter 3.32 of the Rancho Palos Verdes Municipal Code. B. Council approval will be required for any significant changes involving increased or decreased service levels. C. The Finance Director shall be responsible for constant monitoring of the budget and shall establish and implement appropriate control mechanisms necessary for said purpose, after approval of the City Manager. Section 2: The FY05 -06 Revenue Budget is hereby adopted, establishing the following revenue and internal service fund contribution levels: General Fund Capital Improvement Projects Fund Utility Undergrounding Fund Roadway Beautification Fund Street Maintenance Fund Landscape /Street Lighting (1972 Act) Fund El Prado Lighting District Fund Community Development Block Grant Fund Street Lighting (1911 Act) Fund Beautification Fund Waste Reduction Fund Air Quality Management Fund Street Improvement/Transit (Proposition C) Fund $14,725,750 9,600 6,000 12900 820,900 328,400 1,300 221,800 403,200 242,450 96,100 53,100 512,900 Transit (Proposition A) Fund Public Safety Grants Fund Habitat Restoration Fund Subregion One Maintenance Fund Parks /Building Maintenance (Measure A) Fund Abalone Cove Sewer District Fund Park Development (Quimby) Fund Affordable Housing In -Lieu Fund Development Impact Mitigation (EET) Fund Water Quality and Flood Protection Fund Operating & Capital Fund Total Internal Service Funds Contributions & Revenue: Equipment Replacement Fund Building Replacement Fund Employee Benefits Fund Internal Service Fund Total 616,000 100,400 1,900 20,200 42,500 40,300 12,800 499500 2019800 24,000 $ 18,532,800 $ 448,300 349700 1,355,600 $ 11838,600 Section 3: The FY05 -06 Budget is hereby adopted, establishing the following transfers into the following funds: General Fund $ 201,800 Capital Improvement Projects Fund 291.85,049 Street Maintenance Fund 8987500 Habitat Restoration Fund 769752 Abalone Cove Sewer District Fund 109700 Equipment Replacement Fund 34,000 Building Replacement Fund 100,000 Total Transfers In $ 30506,801 Section 4: The FY05 -06 Budget is hereby adopted, establishing the following transfers from the following funds: General Fund Landscape /Street Lighting (1972 Act) Fund Community Development Block Grant Fund Waste Reduction Fund Air Quality Management Fund Street Improvement/Transit (Proposition C) Fund Transit (Proposition A) Fund Public Safety Grants Fund Parks /Building Maintenance (Measure A) Fund $ 29566,001 285,000 31,800 50,000 34,000 460,500 15,500 100,000 55,500 Total Transfers Out $ 315989301, Resolution No. 2005 -53 Page 2 of 4 Section 5: The FY05 -06 Operating and Capital Improvement Budget Programs are hereby adopted, establishing the following allocations and directing the City Manager to amend the preliminary budget to reflect said amounts: City Council $ 109,100 City Attorney 11000,000 City Manager 726,700 Administrative Services /City Clerk 275,400 Community Outreach 93,500 RPV TV Channel 33 25,000 Personnel 86,300 Finance 804,800 Information Technology- Data 527,900 Information Technology - Voice 68,700 Public Safety - Sheriff 31115,400 Public Safety - Special Programs 68,800 Public Safety - Animal Control 114,900 Public Safety - Emergency Preparedness 64,300 Public Works - Administration 496,700 Public Works - Traffic Management 275,400 Public Works - Storm Water Quality 200,100 Public Works - Building Maintenance 526,400 Public Works - Parks, Trails & Open Space Maintenance 7079400 Planning 1,097,800 Building & Safety 777,200 Code Enforcement 137,580 View Restoration 321,800 Natural Community Conservation Planning 65,400 Geology 228,100 Recreation - Administration 432,000 Recreational Facilities 326,200 Recreation - Special Events 25,600 Recreation - Point Vicente Interpretive Center 2811900 Recreation - REACH 107,300 Subtotal General Fund $ 13,087,680 Street Maintenance - Pavement $ 362,000 Street Maintenance - Non Pavement 11363,800 Traffic Management (Traffic Signal Maintenance) 72,200 , Subtotal Street Maintenance Fund $ 11798,000 Capital Improvement Projects Fund $ 21221,676 Landscape /Street Lighting (1972 Act) Fund 58,200 Resolution No. 2005 -53 . Page 3 of 4 El Prado Lighting District Fund 900 Community Development Block Grant Fund 190,000 Street Lighting (1911 Act) Fund 369,400 Beautification Fund 231,300 Waste Reduction Fund 150,400 Air Quality Management Fund 89000 Street Improvement/Transit (Proposition C) Fund 39000 Transit (Proposition A) Fund 507,200 Habitat Restoration Fund 100,000 Subregion One Maintenance Fund 509000 Abalone Cove Sewer District Fund 49,600 Water Quality and Flood Protection Fund 11900,000 Subtotal Allocations $ 5,839,676 Internal Service Funds: Equipment Replacement Fund $4327600 Building Replacement Fund 447000 Employee Benefits Fund 1,350,800 Subtotal Internal Service Allocations $ 19827,400 Total Allocations $ 2295529756 PASSED, APPROVED and ADOPTED the 31st day of May 2005. Attest: 10 1 Rim State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) Mayor I, Carolynn Petru, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2005 -53 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on May 31, 2005. `W Resolution No. 2005 -53 Page 4 of 4 Exhibit A - FY05-06 COMBINED SUMMARY OF FUNDS EstimatedEstimated Fund BalanceProposedProposedProposedProposedFund Balance Fund6/30/2005RevenuesTransfers InExpendituresTransfers Out6/30/2006 Unrestricted GENERAL 11,179,791 14,725,750 201,800 13,041,180 2,643,201 10,422,960 Restricted by Council Action BEAUTIFICATION 506,907 242,450 231,300 518,057 CIP 382,480 9,600 2,185,049 2,221,676 355,453 UTILITY UNDERGROUNDING 241,535 6,000 247,535 ROADWAY BEAUTIFICATION 74,208 1,900 76,108 EQUIP REPLACEMENT 2,011,737 448,300 34,000 432,600 2,061,437 BLDG REPLACEMENT 1,386,411 34,700 100,000 44,000 1,477,111 EMPLOYEE BENEFITS 190,135 1,355,600 1,350,800 194,935 Subtotals 4,793,413 2,098,550 2,319,049 4,280,376 - 4,930,636 Restricted by Law or External Agencies STREET MAINTENANCE 195,233 820,900 898,500 1,798,000 116,633 1972 ACT 137,340 328,400 58,200 285,000 122,540 EL PRADO LIGHTING 3,531 1,300 900 3,931 CDBG - 221,800 190,000 31,800 - 1911 ACT 1,127,412 403,200 369,400 1,161,212 WASTE REDUCTION 445,246 96,100 150,400 50,000 340,946 AIR QUALITY MANAGEMENT 44,877 53,100 8,000 34,000 55,977 PROPOSITION C 514,991 512,900 3,000 460,500 564,391 PROPOSITION A 638,190 616,000 507,200 15,500 731,490 PUBLIC SAFETY GRANTS 14,001 100,400 100,000 14,401 HABITAT RESTORATION 76,311 1,900 76,752 100,000 54,963 SUBREGION 1 MAINT 808,918 20,200 50,000 779,118 MEASURE A MAINT 60,011 42,500 55,500 47,011 AB COVE SEWER DISTRICT 12,111 40,300 10,700 49,600 13,511 QUIMBY 32,413 12,800 45,213 AFFORD HOUSING IN-LIEU 1,981,892 49,500 2,031,392 EET 187,986 201,800 389,786 MEASURE A CAPITAL 7,441 7,441 BIKEWAYS - - WATER QUALITY/FLOOD PROT 1,900,000 24,000 1,900,000 24,000 Subtotals 8,187,904 3,547,100 985,952 5,184,700 1,032,300 6,503,956 General Fund Advance To RDA (77,200) GRAND TOTALS 24,161,108 20,371,400 3,506,801 22,506,256 3,598,301 21,857,552