CC RES 1998-047 RESOLUTION NO. 98-47
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 1998-99.
WHEREAS, the City Council has conducted a public workshop to review the
proposed budget for fiscal year 1998-99; and
WHEREAS, the City Council has conducted an advertised Public Hearing to receive
public input regarding the proposed budget for fiscal year 1998-99;
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
$13,268,148 and a total Estimated Ending Unreserved Fund Balance of$13,324,968.
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 1998-99, 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 1998-99 Revenue Budget is hereby adopted, establishing the
following revenue and internal service fund contribution levels:
General Fund $10,142,780
Street Maintenance (Gas Tax) Fund 855,600
Landscape/Street Lighting (1972 Act) Fund 369,000
Street Lighting (1911 Act) Fund 281,700
El Prado Lighting District Fund 900
Community Development Block Grant Fund 789,290
Recycling Fund 115,000
Solid Waste (AB939) Fund 272,900
Air Quality Management Fund 43,000
Street Improvement/Transit (Proposition C) Fund 411,000
Transit (Proposition A) Fund 518,500
LLESS/COPS Fund 132,500
Habitat Restoration Fund 168,500
Capital Improvement Projects Fund 753,000
Park Development (Quimby) Fund 5,000
Affordable Housing Set-Aside Fund 720,000
Development Impact Mitigation (Envir. Excise Tax) Fund 116,000
Parks (Measure A) Fund 2,895,000
Bikeway/Pedestrian Improvement Fund 30,200
Operating & Capital Fund Total $ 18,619,870
Internal Service Funds Contributions & Revenue:
Equipment Replacement Fund 390,050
Employee Benefits Fund 460,540
Internal Service Fund Total $ 850,590
SECTION 3: The 1998-99 Budget is hereby adopted, establishing the following
transfers into the following funds:
General Fund $ 38,270
Street Maintenance (Gas Tax) Fund 322,310
Capital Improvement Projects Fund 4,156,000
RDA and Improvement Authority Funds 775,000
Total Transfers In $ 5,291,580
SECTION 4: The 1998-99 Budget is hereby adopted, establishing the following
transfers from the following funds:
General Fund $ 1,775,000
Landscape/Street Lighting (1972 Act) Fund 368,310
Community Development Block Grant Fund 38,270
Recycling Fund 149,000
Street lmrpovement/Transit (Proposition C) Fund 66,000
Parks (Measure A) Fund 2,895,000
Total Transfers Out $ 5,291,580
-2- Resol. No. 98-47
SECTION 5: The 1998-99 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 $ 49,780
City Attorney 428,000
City Manager 303,570
Administrative Services/City Clerk 307,600
Community Outreach 142,480
Personnel 60,830
Finance) 504,600
Public Safety - Sheriff 2,450,000
Public Safety - Neighborhood Watch 4,000
Public Safety - Special Programs 69,530
Public Safety -Animal Services 198,700
Public Safety - Emergency Preparedness 41,980
Public Works -Administration 523,030
Public Works - Public Building Maintenance 269,190
Public Works - Park/Trail Maintenance 414,230
Planning and Code Enforcement 1,307,590
Building and Safety 556,610
Recreation -Administration 223,390
Recreation - Open Recreation 106,720
Recreation -Abalone Cove Shoreline Park 31,980
Recreation - Special Events 33,490
Recreation - Facility Use 64,040
Recreation - Point Vicente Interpretive Center 156,680
Recreation - REACH 58,520
Subtotal General Fund 8,305 540
Street Maintenance 1,129,520
Street Landscape Maintenance 280,420
Traffic Signal Maintenance 72,890
Portuguese Bend Road Maintenance 97,240
Subtotal Street Maintenance (Gas Tax) Fund 1,580 070
Landscape/Street Lighting (1972 Act) Fund 50,740
Street Lighting (1911 Act) Fund 304,980
El Prado Lighting District Fund 1,000
Community Development Block Grant Fund 751,020
Recycling Fund 77,830
-3- Resol. No. 98-47
Solid Waste (AB939) Fund 287,820
Air Quality Management Fund 106,140
Street Improvement/Transit (Proposition C) Fund 2,620
Transit (Proposition A) Fund 381,120
LLESS/COPS Fund 111,000
Capital Improvement Projects Fund 5,655,820
Park Development (Quimby) Fund 172 350
Subtotal Allocations $ 17,788,050
Internal Service Funds:
Equipment Replacement Fund 486,250
Employee Benefits Fund 537,170
Subtotal Internal Service Allocatons $ 1,023,420
Total Allocations $ 18,811,470
PASSED, APPROVED, AND ADOPTED THE 3RD DAY OF JUNE, 1998.
MAYOR
A TEST:
:09
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. 98-47 was duly and regularly passed and adopted by the said City
Council at regular meeting thereof held on June 3, 1998.
I CITY CLERK
CI ' OF RANCHO PALOS VERDES
-4- Reso l. No. 98-47
CITY OF RANCHO PALOS VERDES
SUMMARY OF FUND BALANCE STATUS
FISCAL YEAR 1998-99
. ,
ESTIMATED RESOURCES: :::::;: TOTAL ::;:i!BUDGETED APPROPRIATIONS: ii TOTAL iii ESTIMATED
FUND 1998/99 !:i::; RESOURCES 1 1998/99 iii APPROPRIATIONS i:i:i. FUND
BALANCE 1998/99 TRANSFERS :;i;i; ESTIMATED i;i:; TRANSFERS 1998/99 iii: BUDGETED FOR :::iii BALANCE
FUND 6/30/98 REVENUE IN iiiii; FOR 1998/99 :::::i OUT EXPENDITURES ::::: 1998/99 !::::: 6/30/99
iiiii
001 GENERAL FUND 2,712,422 10,142,780 38,270 :i.;: 12,893,472 ::.:; 1,775,000 8,305,540 ::;:: 10,080,540 :::;:; 2,812,932
...
102 STREET MAINTENANCE(Gas Tax)FUND 883,369 855,600 322,310 iii;i; 2,061,279 ::::;i; 0 1,580,070 ::;:: 1,580,070 ::::; 481,209
103 LANDSCAPE/STREET LIGHTING(1972 Act)FUND 321,058 369,000 0 i::i;::; 690,058 368,310 50,740 i:ii.i 419,050 :::i 271,008
111 STREET LIGHTING(1911 Act)FUND 692,102 281,700 0 ::::i: 973,802 ::;:: 0 304,980 ::i 304,980 :i:;:i 668,822
109 EL PRADO LIGHTING DISTRICT FUND 3,489 900 0 ::::; 4,389 ::::: 0 1,000 !:::: 1,000 :::i:i 3,389
110 COMMUNITY DEVELOPMENT BLOCK GRANT FUND 0 789,290 0 ii; 789,290 ':i::: 38,270 751,020 ::::i 789,290 :::.:::: 0
112 RECYCLING FUND 384,479 115,000 0 :::::; 499,479 ::: 149,000 77,830 iii:: 226,830 :::: 272,649
113 SOLID WASTE(AB939)FUND 583,890 272,900 0 ::i.:i 856,790 1::: 0 287820 !$i 287,820 i::::ii 568,970
114 AIR QUALITY MANAGEMENT FUND 63,254 43,000 0 :::;: 106,254 ;iiii: 0 106,140 :iiIi 106,140 : : 114
115 STREET IMPROVEMENT/TRANSIT(Proposition C)FUND 233,417 411,000 0 :::;.: 644,417 :::;:; 66,000 2,620 ii:i 68,620 0:i 575,797
116 TRANSIT(Proposition A)FUND 724,898 518,500 0 ::▪;:; 1,243,398 :.:::i 0 381,120 :::::; 381,120 i;;i:i 862,278
117 LLESS/COPS FUND 143,538 132,500 0 ::::::; 276,038 0:: 0 111,Iwo ::i;i: 111,000 :::::: 165,038
..:
122 HABITAT RESTORATION FUND 0 168,500 0 :.::::; 168,500 .:::;: 0 0 0 :::::: 168,500
330 CAPITAL IMPROVEMENT PROGRAM FUND 5,689,701 753,000 4,156,000 :▪::::; 10,598,701 :iiiii 0 5,655,820 ii;:: 5,655,820 :Q; 4,942,881
334 PARK DEVELOPMENT(Quimby)FUND 365,110 5,000 0 i::::: 370,110 i:::i:: 0 163,750 ::::i 163,750 ::::i 206,360
337 AFFORDABLE HOUSING SET-ASIDE FUND 150,000 720,000 0 g 870,000 :i:i:: 0 0 :ii:; 0 ::::::: 870,000
338 DEVELOPMENT IMPACT MITIGATION(EET)FUND 295,221 116,000 0 :i:i: 411,221 :ii 0 0 ::;: 0 iii 411,221
339 PARKS(Measure A) FUND 0 2,895,000 0 ::! 2,895,000 :::;:i 2,895,000 0 iiii 2,895,000 .;:i:i 0
340 BIKEWAY/PEDESTRIAN IMPROVEMENT FUND 13,600 30,200 0 ::::: 43,800 :i:: 0 0 ::::: 0 ::::: 43,800
arliiViAtienjI40:ii:::::Ei::i:i:::::::::ii:ii:i:i:ig:i::::::::::::::::i::::i:ii::::::::::!:::i:i::::::57 ROM..................................................i:i:irii:i::::::::409$3.10:::::: ::::::::5 20:iMii:::i:::i17 M450 iiiiii 1::::iiiiiii:iiiii2.01440iiiiiiiiiiiiiiii13424 000iii,
TRANSFERS TO REDEVELOPMENT AGENCY
FROM GENERAL FUND 700,000
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TRANSFERS TO IMPROVEMENT AUTHORITY iii ......
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FROM GENERAL FUND 75,000
-5- Exhibit "A" Resol. No. 98-47