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CC RES 1999-041 RESOLUTION NO. 99-41 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 1999-00. WHEREAS, the City Council has conducted a public workshop to review the proposed budget for fiscal year 1999-00; and WHEREAS, the City Council has conducted an advertised Public Hearing to receive public input regarding the proposed budget for fiscal year 1999-00; 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. By fund the adopted budget is per the attached Exhibit A with a total Estimated Beginning Unreserved Fund Balance of $15,180,387 and a total Estimated Ending Unreserved Fund Balance of$14,158,759. 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. D. Deflator - A deflator procedure, to be administered by the City Manager, is hereby established for reducing appropriations in the event that projected revenues are reduced due to a reduction in the State subventions or other revenues that may fluctuate downward due to changes in economic conditions. For Fiscal Year 1999-00, if total revenues, as estimated by the Finance Director, are insufficient, the amount of total Operating and Capital Budget Appropriation shall be reduced, as determined by the City Manager based on his assessment of total City needs. The City Council will be notified of any action regarding the Deflator within 15 days. SECTION 2: The 1999-00 Revenue Budget is hereby adopted, establishing the following revenue and internal service fund contribution levels: General Fund $11,051,750 Street Maintenance (Gas Tax) Fund 914,700 Landscape/Street Lighting (1972 Act) Fund 330,090 Street Lighting (1911 Act) Fund 281,700 El Prado Lighting District Fund 900 Community Development Block Grant Fund 340,000 Recycling Fund 97,500 Solid Waste Fund 136,000 Air Quality Management Fund 42,700 Street Improvement/Transit (Proposition C) Fund 437,600 Transit (Proposition A) Fund 559,000 LLESS/COPS Fund 134,000 Habitat Restoration Fund 8,500 Subregion One Maintenance Fund 267,500 Parks/Building Maintenance (Measure A) Fund 36,590 Capital Improvement Projects Fund 928,000 Park Development (Quimby) Fund 39,000 Affordable Housing Set-Aside Fund 595,000 Development Impact Mitigation (EET) Fund 190,000 Parks (Measure A) Fund 2,619,400 Bikeway/Pedestrian Improvement Fund 15,000 Operating & Capital Fund Total $ 19,024,930 Internal Service Funds Contributions & Revenue: Equipment Replacement Fund 491,660 Building Replacement Fund 40,000 Employee Benefits Fund 294,120 Internal Service Fund Total $ 825,780 SECTION 3: The 1999-00 Budget is hereby adopted, establishing the following transfers into the following funds: General Fund $ 40,000 Street Maintenance (Gas Tax) Fund 429,365 Capital Improvement Projects Fund 5,608,500 Building Replacement Fund 782,000 Improvement Authority Funds 95,000 Total Transfers In $ 6,954,865 SECTION 4: The 1999-00 Budget is hereby adopted, establishing the following transfers from the following funds: General Fund $ 2,377,000 Landscape/Street Lighting (1972 Act) Fund 248,365 Community Development Block Grant Fund 40,000 Recycling Fund 195,000 Street Improvement/Transit (Proposition C) Fund 901,000 Park Development (Quimby) Fund 282,900 Resolution No. 99-41 Page 2 of 4 Development Impact Mitigation (EET) Fund 276,200 Bikeways/Pedestrian Fund 15,000 Parks (Measure A) Fund 2,619,400 Total Transfers Out $ 6,954,865 SECTION 5: The 1999-00 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 $ 47,130 City Attorney 505,000 City Manager 309,180 Administrative Services/City Clerk 357,735 Community Outreach 142,344 Personnel 58,070 Finance 509,160 Public Safety - Sheriff 2,427,500 Public Safety - Neighborhood Watch 5,680 Public Safety - Special Programs 74,440 Public Safety -Animal Services 110,400 Public Safety - Emergency Preparedness 35,460 Public Works -Administration 521,460 Public Works - Public Building Maintenance 242,180 Public Works - Park/Trail Maintenance 420,830 Planning and Code Enforcement 1,279 635 Building and Safety 643,350 Recreation -Administration 243,000 Recreation - Open Recreation 106,980 Recreation -Abalone Cove Shoreline Park 32,210 Recreation - Special Events 13,240 Recreation - Facility Use 66,830 Recreation - Point Vicente Interpretive Center 165,900 Recreation - REACH 57,510 Subtotal General Fund 8,375,223 Street Maintenance 1,131 520 Street Landscape Maintenance 298,225 Traffic Signal Maintenance 73,640 Portuguese Bend Road Maintenance 106,880 Subtotal Street Maintenance (Gas Tax) Fund 1,610,265 Landscape/Street Lighting (1972 Act) Fund 58,000 Street Lighting (1911 Act) Fund 313,000 El Prado Lighting District Fund 900 Community Development Block Grant Fund 300,000 Resolution No. 99-41 Page 3 of 4 Recycling Fund 94,180 Solid Waste (AB939) Fund 104,650 Air Quality Management Fund 44,050 Street Improvement/Transit (Proposition C) Fund 2,340 Transit (Proposition A) Fund 402,540 LLESS/COPS Fund 169,720 Subregion One Maintenance Fund 18,500 Parks/Building Maintenance (Measure A) Fund 36,590 Capital Improvement Projects Fund 7,602,600 Park Development (Quimby) Fund 37,000 Subtotal Allocations $ 19,169,558 Internal Service Funds: Equipment Replacement Fund 683,045 Employee Benefits Fund 399,320 Subtotal Internal Service Allocations $ 1,082,365 Total Allocations $ 20,251,923 PASSED, APPROVED and ADOPTED this 1st day of June 1999. M/11), MAYOR Agk EST: WA• l CITY CLERK State of California ) County of Los Angeles ) ss City of Rancho Palos Verdes ) I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution No. 99-41 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on June 1, 1999. a or CITY CLERK RA0 HO PALOS VERDES Resolution No. 99-41 Page 4 of 4 CITY OF RANCHO PALOS VERDES SUMMARY OF FUND BALANCE STATUS FISCAL YEAR 1999-00 ESTIMATED RESOURCES: TOTAL BUDGETED APPROPRIATIONS: TOTAL ESTIMATED FUND 1999/00 1999/00 RESOURCES APPROPRIATIONS FUND BALANCE 1999/00 TRANSFERS ESTIMATED TRANSFERS '1999/00 BUDGETED FOR BALANCE FUND 6/30/99 REVENUE IN FOR 1999/00 OUT EXPENDITURES 1999/00 6/30/00 001 GENERAL FUND 4,714,168 11,051,750 40,000 16,806,918 2,377,000 8,371,663 10,748,663 5,057,255 102 STREET MAINTENANCE (Gas Tax) FUND 885,061 914,700 429,365 2,229,126 0 1,610,265 1,610,266 618,861 103 LANDSCAPE/STREET LIGHTING (1972 ACt) FUND 191,101 .330,090 0 621,191 248,365 58,000 306,366 214,826 111 STREET LIGHTING (1911 ACt) FUND 741,105 281,700 0 1,022,805 0 313,000 313,000 709,805 109 EL PRADO LIGHTING DISTRICT FUND 4,547 900 0 6,447 0 900 900 4,547 110 COMMUNITY DEVELOPMENT BLOCK GRANT FUND 0 340,000 0 340,000 40,000 300,000 340,000 0 112 RECYCLING FUND 403,802 97,500 0 601,302 195,000 94,180 289,180 212,122 113 SOLID WASTE (AB939) FUND 602,043 136,000 0 738,043 0 104,650 104,660 = 633,393 114 AIR QUALITY MANAGEMENT FUND 8,308 42,700 0 51,008 0 44,05 0 44,060 6,958 115 STREET IMPROVEMENT/TRANSIT (Proposition C) FUND 678,012 437,600 0 1o116l6112 901,000 2,340 903,340 212,272 116 TRANSIT (Proposition A) FUND 891,734 559,000 0 1,450,734 0 402,540 402,540 1,048,194 117 LLESS/COPS FUND 168,937 134,000 0 302,937 0 169,720 169,720 133,217 122 HABITAT RESTORATION FUND 168,500 8,500 0 177,000 0 0 0 177,000 123 SUBREGION I MAINTENANCE FUND 254,000 267,500 0 621,600 0 18,50 0 18,600 503,000 124 PARKS/BLDG MAINTENANCE (Measure A) FUND 0 36,590 0 36,690 0 36,59 0 36,690 0 330 CAPITAL IMPROVEMENT PROGRAM FUND 4,469,626 928,000 5,608,500 11j006p126 0 7,602,600 7,602,600 3,403,526 334 PARK DEVELOPMENT (Quimby) FUND 282,862 39,000 0 321,862 282,900 37,000 319,900 1,962 337 AFFORDABLE HOUSING SET-ASIDE FUND 271,286 595,000 0 866,286 0 0 0 866,286 338 DEVELOPMENT IMPACT MITIGATION (EET) FUND 445,295 190,000 0 636,296 276,200 0 276,200 359,095 339 PARKS (Measure A) FUND 0 2,619,400 0 29619t400 2,619,400 0 2,619,400 0 340 BIKEWAY/PEDESTRIAN IMPROVEMENT FUND 0 15,000 0 16,000 15,000 0 16,000 0 spas . . . . . . . TRANSFERS TO BUILDING REPLACEMENT FUND FROM GENERAL FUND 782,000 TRANSFERS TO IMPROVEMENT AUTHORITY FROM GENERAL FUND 95,000 It.......... ........ ......