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RDA RES 2005-007 RESOLUTION NO. RDA 2005-07 A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR FISCAL YEAR 2005-2006. WHEREAS, the Board of the Rancho Palos Verdes Redevelopment Agency desires to adopt the following resolution adopting the capital budget for FY05-06. NOW, THEREFORE, BE IT RESOLVED, THAT THE BOARD OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY DOES HEREBY ADOPT THE FOLLOWING FY05-06 OPERATING AND CAPITAL BUDGET. Section 1: The FY05-06 Revenue Budget is hereby adopted, establishing the following revenue levels: Portuguese Bend Project Area $ 12,400 RDA Housing Set Aside Fund 179,800 Abalone Cove Debt Service Fund 1,420,800 TOTAL REVENUES $ 1,613,000 Section 2: An operating and capital budget for FY05-06 is hereby adopted as contained in the Annual Budget of the Rancho Palos Verdes Redevelopment Agency attached hereto and incorporated and referenced as part of this resolution. The following expenditure levels (including operating transfers out) are hereby established: Portuguese Bend Project Area Administration $ 22,400 Agency Attorney 2,100 RDA Housing Set Aside Fund 50,000 Agency Debt Service Fund 1,140,400 TOTAL OPERATING AND CAPITAL EXPENDITURES $ 1,214,900 Section 3: Upon adoption of said Budget, the Board may revise and/or update said Budget in part or in its entirety, depending on the Agency's fiscal resources, circumstances, and needs. Section 4: The Executive Director of the Rancho Palos Verdes Redevelopment Agency shall be responsible for administration and execution of said Budget. PASSED, APPROVED, and ADOPTED the 7th day of June 2005. AYES: Gardiner, Stern, Vice-Chair Wolowicz NOES: None ABSENT: Long and Chair Clark ABSTAIN: None Afg gr)-a, Attest: Ag y ncy Chair Agenc Secretary State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, Carolynn Petru, Agency Secretary of the Rancho Palos Verdes Redevelopment Agency, hereby certify that the above Resolution No. RDA 2005-07 was duly and regularly passed and adopted by the said Redevelopment Agency at regular meeting thereof held on June 7, 2005. Agenc Sect atary • Resolution No. RDA 2005-07 Page 2of2 0 CITY OF RANCHO PALOS VERDES CITY BUDGET FYO5-06 & FYO6-07 CITY OFFICIALS Larry Clark Mayor Steve Wolowicz Mayor Pro Tern Peter Gardiner • Council Member Tom Long Council Member Douglas Stern Council Member Les Evans City Manager Carolynn Petru Assistant City Manager/City Clerk Dennis McLean Director of Finance & Information Technology Dean Allison Director of Public Works Joel Rojas Director of Planning, Building & Code Enforcement Ron Rosenfeld Director of Recreation & Parks Carol Lynch City Attorney • Cover photo courtesy of Douglas Stern • A .Ati • • TABLE CAF CONTENTS Page Overview City Manager's Budget Introduction 1 Guide to Budget 7 Fund Descriptions 9 FY05-06 Combined Summary of Funds 15 FY05-06 Summary of Transfers and Interfund Charges 16 FY06-07 Combined Summary of Funds 17 FY06-07 Summary of Transfers and Interfund Charges 18 Summary of Revenues -All Funds 19 How Your Property Tax Dollars Are Allocated 21 Sources and Uses of City Revenues 23 Summary of Expenditures-All Funds 29 Chart of Accounts- Expenditure Account Code Components 31 Glossary of Expenditure Account Code Terms 32 General Fund Overview Estimated General Fund Reserves 37 General Fund Sources - Revenues and Operating Transfers In 38 General Fund Revenues 40 General Fund Uses - Expenditures and Operating Transfers Out 43 General Fund Expenditure Summary by Program 45 General Fund Transfers 46 41110 Redevelopment Agency(RDA) Overview RDA Narrative 47 RDA Summary of Funds 48 Summary of RDA Loans from City 49 Improvement Authority(IA) Overview IA Narrative 51 IA Summary of Funds 52 BUDGET PROGRAMS City Council Program Description 53 Budget Program City Council 55 City Attorney Program Description 57 Budget Program City Attorney 59 City Administration Program Descriptions and Performance Indicators 61 Personnel Schedule 67 Department Summary of Programs 68 Budget Programs City Manager 69 City Clerk 72 Community Outreach 75 RPV N Channel 33 78 Personnel 80 Employee Benefits 83 Public Safety Program Descriptions and Performance Indicators 85 Function Summary of Programs 89 Budget Programs Sheriff 90 Special Programs 92 Animal Control 94 Emergency Preparedness 96 Public Safety Grants 99 Finance &Information Technology • Program Descriptions and Performance Indicators 101 Personnel Schedule 107 Department Summary of Programs 108 Budget Programs Finance 109 Information Technology- Data 113 Information Technology-Voice 116 RDA- Debt Service 119 Planning, Building& Code Enforcement Program Descriptions and Performance Indicators 121 Personnel Schedule 127 Department Summary of Programs 128 Budget Programs Planning 130 Building & Safety 134 Code Enforcement 137 View Restoration 139 NCCP 142 Geology 144 RDA- Housing Set-Aside 146 Affordable Housing Projects 148 • TABLE OF CONTENTS Page o Recreation & Parks Program Descriptions and Performance Indicators 151 Personnel Schedule 157 Department Summary of Programs 158 Budget Programs Recreation Administration 159 Recreational Facilities 162 Special Events 165 Point Vicente Interpretive Center 167 REACH 170 Public Works Program Descriptions and Performance Indicators 173 Personnel Schedule 183 Department Summary of Programs 184 Budget Programs Public Works Administration 188 Traffic Management 192 Storm Water Quality 195 Building Maintenance 198 Parks, Trails & Open Space Maintenance 202 Street Maintenance - Pavement Management 207 Street Maintenance - Non Pavement 211 Special District Maintenance 217 Street Lighting 219 Beautification 221 Waste Reduction 223 Transit 228 Abalone Cove Sewer Maintenance 231 Water Quality/Flood Protection 233 Community Development Block Grant 235 RDA- Portuguese Bend 243 Improvement Authority- Portuguese Bend 245 Improvement Authority-Abalone Cove 247 Infrastructure Improvements Program Descriptions 249 Function Summary of Programs 251 Budget Programs Infrastructure Improvements Administration/Maintenance 253 Street Improvements 256 Storm Drain Improvements 258 Parks, Trails & Open Space Improvements 260 Sewer Improvements 263 Building Replacement/Improvements 264 F Equipment Replacement • Program Descriptions 267 Function Summary of Programs 268 Budget Programs Equipment Replacement-Computers 269 Equipment Replacement-Vehicles 271 Equipment Replacement- Furniture & Equip 273 • • RANCHO PALOS VERDES REDEVELOPMENT AGENCY The Rancho Palos Verdes Redevelopment Agency (RDA) was established in 1984 with the primary purpose of providing mitigation measures to stabilize landslides in the Abalone Cove and Portuguese Bend areas of the City. RDA expenditures for landslide mitigation facilities are accounted for in two separate funds based on two factors: the geographical boundaries of the two landslide areas, and two different funding sources. Expenditures in the Portuguese Bend are funded with proceeds of loans advanced during previous fiscal years from the City's General fund. Operating and maintenance expenditures for the landslide mitigation facilities constructed by the RDA are budgeted and accounted for within the Joint Powers Improvement Authority. Program budgets and justifications are shown within the department, which has responsibility for administering those programs. The City has entered into an agreement to provide the RDA operating funds in the form of advances from the City's General fund, as the RDA requires in carrying out its function. Advances are not required every fiscal year. Each 0 fiscal year, interest accrues on these advances (at the rate of 3% plus the average LAIF rate) and is added to the balance of the loan. A Summary of RDA Loans from the City is included in this budget section. 0 47 >;::<::>::::>::::::>:::::::::::: .... . ....... .................. : ,20 ........................ venom..... . .. RDA-HOUSING SET-ASIDE 1,036,937 179,800 50,000 1,166,737 RDA-DEBT SERVICE 806,041 1,420,800 1,140,400 1,086,441 RDA-PORTUGUESE BEND 295,337 12,400 24,500 283,237 RDA-ABALONE COVE 870 870 :><::::::::::::::::>::::.»::::::::::::. RDA-HOUSING SET-ASIDE 1,166,737 193,500 1,237,637 122,600 RDA-DEBT SERVICE 1,086,441 1,559,300 1,265,300 1,380,441 RDA-PORTUGUESE BEND 283,237 8,500 25,300 266,437 RDA-ABALONE COVE 870 870 48 Summary of RCA Loans from the City Actual Actual Estimate Adopted Proposed FY0 -03 FY03-04 FY 4- 5 F 05-06 F' 06-0 Portuguese Bend Beginning loan balance 8,656,978 9,105,496 9,527,890 10,028,104 10,580,104 Advances from the City's General fund - - - - - Accrued Interest 448,518 422,394 500,214 552,000 635,000 Ending loan balance 9,1 05,496 9,527,890 10,028,104 10,580,104 11,215 144 Abalone Cove Beginning loan balance 2,219,019 2,345,986 2,496,234 2,691,391 2,924,466 Advances from the City's General fund (1) 12,000 40,355 60,907 77,200 15,500 Accrued Interest 114,967 109,893 134,250 155,875 183,875 loan balance��n ba ance ,345f96 2,496,234 2,691,391 2,924,466 3,123,841 (1) Advances from the City's General fund are included with General fund transfers out in the budget document. Additional advances are balance sheet transactions that are not recorded in an operating account, and have been included with General fund transfers out to illustrate the reduction of General fund reserves. 411 49 0 Aiiii • A A 0 50