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ORD 334 ORDINANCE NO. 334 AN ORDINANCE OF THE CITY OF RANCHO PALOS VERDES AMENDING CHAPTER 3.32 (BUDGET ADMINISTRATION) OF THE CITY OF RANCHO PALOS VERDES MUNICIPAL CODE THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES DOES ORDAIN AS FOLLOWS: Section 1: Chapter 3.32 of Title 3 of the Rancho Palos Verdes Municipal Code is hereby amended to read: Chapter 3.32 BUDGET ADMINISTRATION Sections: 3.32.010 Purpose. 3.32.020 Fiscal year established. 3.32.030 Submission date and content. 3.32.040 Budgetary definitions. 3.32.050 Funds established. 3.32.060 Form of presentation. 3.32.070 Adjustments to originally adopted budget. 3.32.080 Public hearings. 3.32.090 Date of adoption. 3.32.100 Filing of budget. 3.32.110 Duplication. 3.32.120 Midyear budget review. 3.32.010 Purpose. This chapter is established for the purpose of standardizing the city's procedure for the administration of a budget system. Its provisions are intended to control the execution of municipal activity in accordance with a predetermined financial plan. 3.32.020. Fiscal year established. Each fiscal year shall begin on the first day of July and shall end on the thirtieth day of June. 3.32.030 Submission date and content. Before June 5th of each year, the city manager shall submit a budget for the coming fiscal year to the city council. At a minimum, the budget shall contain the following: A. A budget message; B. All anticipated revenues; C. All expenditures schedules for all funds, functions, and programs of the city (except trust and similar-type funds); D. A schedule showing the comparison of all revenues and expenditures and the status of all surplus or reserve accounts; E. Expenditures and revenues for any city-wide special assessment activity. F. The number of authorized full-time equivalent positions for each function. 3.32.040 Budgetary definitions. The following terms shall be defined for the purposes of this chapter as follows: A. "Fund" means a separate fiscal and accounting structure which segregates accounting records for the various budgetary functions and is established according to Section 3.32.050; B. "Department" means a designated organizational unit of the city government (e.g., finance); C. "Function" means a combination of programs and activities which are authorized by budget appropriations and are designed to achieve a major purpose of the city (e.g., recreation and parks); D. "Program" means an activity or a group of activities designed to achieve a specific goal or objective associated with a budgetary function of the city (e.g., special events is a program within the recreation and parks function); E. "Activity" means a specific and distinguishable service within a budgetary program which is performed to fulfill a community need or to accomplish a matter for which the government is responsible (e.g., the annual Fourth of July celebration is an activity within the special events program); F. "Object accounts" means expenditure classifications according to the types of items purchased or services obtained (e.g., operating supplies, professional/technical services). 3.32.050 Funds established. A general fund shall be established for the accounting of all of the city's financial resources not controlled by other funds established in accordance with this chapter. A. The director of finance, with the approval of the city manager, shall establish a separate fund whenever any of the following exists: 1. When required as a condition of the granting of funds by another agency; 2. When an isolated or independent audit trail is required by statute; 3. Where accounting practices within the general fund cannot adequately distinguish the activities of the city that must be integrated with respect to program activity or the sources of revenues and expenditures. 3.32.060 Form of presentation. The budgets for each fund, function, and program of the city shall be arranged in such a manner as to clearly show: A. The anticipated expenditures for the fiscal period closing; ORDINANCE NO. 334 PAGE 2 B. The actual expenditures for the prior fiscal year. C. The most appropriate categorization by budgetary function. 3.32.070 Transfers between accounts and supplemental appropriations to originally adopted budget. Transfers between object accounts and expenditures in excess of budgeted allocations may be effected only as provided in this section: A. The City Manager may approve transfers to adjust for operation, maintenance, and personnel expenditures between any program's object accounts as long as the transfers are within the same budgetary function and the same fund (subject to Section 3.32.070 subsection C below). B. All other transfers must be approved by action of the city council. C. No full time equivalent positions may be added to those specifically approved in the budget document without the authorization and supplemental appropriation of the city council. D. All expenditures that are in excess of a fund's and/or function's budgeted allocations must be approved by supplemental appropriation by the city council. 3.32.080 Public hearings. The city council shall hold a public hearing on the budget at any time prior to the adoption of the budget. 3.32.090 Date of adoption. The budget shall be adopted by the majority vote of the city council. If adopted subsequent to July 1st, it shall take effect immediately upon adoption. During any period in which a new budget has not been adopted, the prior year's budget shall be in force and effect but shall be replaced retroactively by the new budget; provided, however, expenditures shall not exceed the amounts approved in the new budget. 3.32.100 Filing of budget,. A copy of the budget shall be certified by the city clerk as adopted by the city council and filed as a public record in the office of the city clerk. 3.32.110 Duplication. Sufficient copies of the adopted budget shall be prepared each year to supply all council members and department heads. At least two copies shall be available for public inspection in the offices of the city clerk, and to the extent possible, additional copies shall be provided to public libraries within the city. 3.32.120, Midyear budget review. The city manager shall provide the city council with a midyear status report on the budget, as it compares to the adopted budget, including any recommendations the city manager believes are appropriate. Section 2,: The rights given by any approval granted under the terms of Chapter 3.32 of the Rancho Palos Verdes Municipal Code prior to the effective date of this Ordinance shall not be affected by the amendments to Chapter 3.32 by this ordinance ORDINANCE NO. 334 PAGE 3 and shall continue in effect until they are modified, revoked, expire or any otherwise terminated according to the terms of the approval or the terms of Chapter 3.32 as they existed on the day before the effective date of this ordinance. Section 3,: The City Clerk shall certify to the adoption of this ordinance and shall cause the same to be published in the manner prescribed by law. PASSED, APPROVED AND ADOPTED this 7th day of April, 1998. MAYOR ATTEST: CI ' CL RIB S 'ATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF RANCHO PALOS VERDES ) I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, do hereby certify that the whole number of the members of the City Council at said City is five; that the foregoing Ordinance No. 334, passed first reading on March 17, 1998, was duly and regularly adopted by the City Council of said City at a regular meeting thereof held on April 7, 1998, and that the same was passed and adopted by the following roll call vote: AYES: HOLLINGSWORTH, BYRD, LYON, AND McTAGGART NOES: NONE ABSTAIN: NONE ABSENT: MAYOR FERRARO 41. 1 2 CITY , EER N:/B U DGET/WP60/040798BD.OR D ORDINANCE NO. 334 PAGE 4 ORD. NO. 334 1111;-41!!!!! RANCHO PALOS VERDES STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS AFFIDAVIT OF POSTING CITY OF RANCHO PALOS VERDES ) The undersigned, being first duly sworn, deposes and says: That at all times herein mentioned, she was and now is the appointed City Clerk of the City of Rancho Palos Verdes; That on 4/9/98 , she caused to be posted the following document entitled : AMENDING CHAPTER 3. 32 (BUDGET ADMINISTRATION) OF THE CITY OF RANCHO PALOS VERDES MUNICIPAL CODE. a copy of which is attached hereto, in the following locations: City Hall Los Angeles County Fire Station 30940 Hawthorne Blvd. Miraleste Station Rancho Palos Verdes 4000 Miraleste Plaza Rancho Palos Verdes U. S. Post Office 28649 S. Western Ave. Ladera Linda Community Center Rancho Palos Verdes . 32201 Forrestal Drive Rancho Palos Verdes Hesse Park 29301 Hawthorne Blvd. Rancho Palos Verdes Park Rancho Palos Verdes 30359 Hawthorne Blvd . , Rancho Palos Verdes I certify under penalty of perjury that the foregoing is a true and correct affidavit of posting . • 1 CITY CLERK 30940 HAWTHORNE BOULEVARD / RANCHO PALOS VERDES, CA 90274.5391 / (213) 377.0360