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CC RES 1996-038RESOLUTION NO. 96 -38 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 1996 -97. THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES does hereby resolve as follows: 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 total Beginning Unreserved Fund Balance of $9,601,689 and a total Estimated Ending Unreserved Fund Balance of $8,956,473. A. The City Manager is authorized to transfer certain Budget Appropriation Balances between 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 1996 -97 Fiscal Year, 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 1996 -97 Revenue Budget is hereby adopted, establishing the following revenue and internal service fund contribution levels: General Fund $ 975071450 Street Maintenance (Gas Tax) Fund 7977000 Landscape /Street Lighting (1972 Act) Fund 8021200 Street Lighting (1911 Act) Fund 2681018 El Prado Lighting District Fund 990 Community Development Block Grant Fund 8651900 Recycling Fund 1851000 Solid Waste (AB939) Fund Air Quality Management Fund Street Improvement/Transit (Proposition C) Fund Transit (Proposition A) Fund Capital Improvement Projects Fund Park Development (Quimby) Fund Development Impact Mitigation (Envir. Excise Tax) Fund Bikeway /Pedestrian Improvement Fund Operating & Capital Fund Total Internal Service Funds Contributions & Revenue: Equipment Replacement Fund Employee Benefits Fund Internal Service Fund Total 155,000 521000 3751000 414,000 1,863,979 20,000 19,500 41,000 $ 1513671037 306,976 361,401 $ 6681377 SECTION 3: The 1996 -97 Budget is hereby adopted, establishing the following transfers into the following funds: General Fund $ 4191320 Street Maintenance (Gas Tax) Fund 5401030 Capital Improvement Projects Fund 3,738,602 Total Transfers In $ 416971952 SECTION 4: The 1996 -97 Budget is hereby adopted, establishing the following transfers from the following funds: General Fund $ 317501000 Landscape /Street Lighting (1972 Act) Fund 7081850 Community Development Black Grant Fund 507500 Recycling Fund 1827000 Street Imrpovement/Transit (Proposition C) Fund 2017602 Bikeway /Pedestrian Imrpovement Fund 55,000 Total Transfers Out $ 419471952 SECTION 5: The 1996 -97 Operating and Capital Improvement Budget Programs are hereby adopted, establishing the following allocations: City Council City Manager City Attorney City Clerk Community Outreach Finance Personnel $ 49,190 266,054 343,000 332,864 971455 4111056 751777 RESOL. NO. 96 -38 Page 2 Public Safety - Sheriff 214501000 Public Safety - Neighborhood Watch 41526 Public Safety - Special Programs 761065 Public Safety - Animal Services 1261300 Public Safety - Emergency Preparedness 421993 Public Works - Administration 5181186 Public Works - Public Building Maintenance 2827918 Public Works - Park/Trail Maintenance 3687820 Planning and Code Enforcement 113321521 Building and Safety 4231024 Recreation - Administration 1931199 Recreation - Open Recreation 961920 Recreation - Abalone Cove Shoreline Park 291950 Recreation - Special Events 81060 Recreation - Facility Use 561352 Recreation - Point Vicente Interpretive Center 1521732 Recreation - REACH 60,504 Subtotal General Fund 717987466 Street Maintenance 113797970 Street Landscape Maintenance 2681670 Traffic Signal Maintenance 711360 Portuguese Bend Road Maintenance 89,860 Subtotal Street Maintenance (Gas Tax) Fund 118081860 Landscape /Street Lighting (1972 Act) Fund 1161000 Street Lighting (1911 Act) Fund 2931250 El Prado Lighting District Fund 17100 Community Development Block Grant Fund 8151400 Recycling Fund 1007290 Solid Waste (A6939) Fund 1301690 Air Quality Management Fund 861620 Street Improvement/Transit (Proposition C) Fund 21850 Transit (Proposition A) Fund 3601720 Capital Improvement Projects Fund 471501307 RESOL. NO. 96 -39 PAGE 3 Park Development (Quimby) Fund Subtotal Allocations Internal Service Funds: Equipment Replacement Fund Employee Benefits Fund Subtotal Internal Service Allocatons Total Allocations 97,700 $ 1517621253 270,090 493,300 $ 763,390 $ 16, 525, 643 PASSED, APPROVED, AND ADOPTED THE 4TH DAY OF JUNE, 1996. MAY 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. 96 -38 was duly and regularly passe d adopted by the said City Council at regular meeting thereof held on June 4,1996. / CITY CLERK CITY F RANCHO PALOS VERDES RESOL. NO. 96 -38 PAGE 4 4, CITY OF RANCHO PALOS VERDES SUMMARY OF FUND BALANCE STATUS FISCAL YEAR 1996-97 ESTIMATED RESOURCES: :ii.:;: TOTAL iii:::BUDGETED APPROPRIATIONS TOTAL :::::::::. ESTIMATED FUND 1996197 ::::::i RESOURCES ::::: 1996/97 iiiiii. APPROPRIATIONS ::::•::::: FUND BALANCE 1996/97 TRANSFERS '..*::::::: ESTIMATED :::::iiii TRANSFERS 1996/97 iiiiii BUDGETED FOR ::::::::: BALANCE FUND 6/30/96 REVENUE IN ::::::::L FOR 1996197 j§::::: OUT EXPENDITURES :iiiii 1996197 jiiiiL 6/30/97 I iiii .......? Iiii::: ........:. (1) 001 GENERAL FUND 3,452,614 9,507,450 419,320 -::::::::::: 13,379,384 :::iii.i. 3,750,000 7,798,46 11,548,466 ....iiiii 1,830,918 ••• •:•:.:iii ...... 102 STREET MAINTENANCE(Gas Tax)FUND . 529,463 797,000 540,030 ::•::::::: 1,888,493 i.*::::::i 0 1,808,860 1:::: 1,808,880 i.:::::: 57,633 103 LANDSCAPE/STREET LIGHTING(1972 Act)FUND 348,559 802,200 0 :.::::'ii:: 1,150,759 :::iii.:: 708,850 116,000 :::•::ii:: 824,850 ::::•:!Xi 325,909 iiiii.i ...... iiiii.: ...... 111 STREET LIGHTING(1911 Act)FUND 643,192 268,018 0 :.:::.... 911,210 :fill:: 0 293,250 ::::*:::::. 293,250 i.11:: 617,960 109 EL PRADO LIGHTING DISTRICT FUND 2,357 990 0 ::::'::::: 3,347 ii*::::.i 0 1,100 i'iiiii 1,100 i::::::::: 2,247 iii::::: .:::.:: •:::*:::::: 110 COMMUNITY DEVELOPMENT BLOCK GRANT FUND 0 865,900 0 ::•:.::::. 885,900 ::•:::i.:::: 50,500 815,400 ::::1•:::i 865,900 iiiif: 0 ...... •::::::::: •:.:R: :0 11.il'il 112 RECYCLING FUND 341,172 185,000 0 ::::Iii:. 526,172 *:*:.:::::: 182,000 100,290 I 282,290 i:.::::*::: 243,882 < 113 SOLID WASTE(AB939)FUND 330,063 155,000 0 ?I 485,063 ::::.:i 0 130,690 *ii::::::1 130,690 :::::::::::: 354,373 114 AIR QUALITY MANAGEMENT FUND 142,147 52,000 0 ::i::::::i 194,147 ....iiii: 0 86,620 i.i.::::i:: 86,620 ::::::;:::: 107,527 ral :;•iif: irg F.:::::: 115 STREET IMPROVEMENT/TRANSIT(Proposition C)FUND 453,621 375,000 0 ::iii:::: 828,821 ::ii:::::: 201,602 2,850 '.ik 204,452 ::::::::::i 624,169 116 TRANSIT(Proposition A)FUND 419,715 414,000 0 i.4:: 833,715 :;:::::::::. 0 360,720 iii:::::: 360,720 i::::ii 472,995 330 CAPITAL IMPROVEMENT PROGRAM 2,345,367 1,863,979 3,738,602 iiiiii 7,947,948 ::::g 0 4,150,307 iiiiii 4,150,307 :::::::i.:: 3,797,641 ii::::•ii iii.1:::i ::•::iiii 334 PARK DEVELOPMENT(Quimby)FUND 399,922 20,000 0 i::iiii 419,922 iigi 0 97,700 i::::ii:: 97,700 *::::?:ii. 322,222 338 DEVELOPMENT IMPACT MITIGATION(EET)FUND 169,458 19,500 0 ::i::i*::: 188,958 iii:.:.f:1 0 0 ::.i:il 0 i'§'§:: 188,958 ...... :.:.i 340 BIKEWAY/PEDESTRIAN IMPROVEMENT FUND 24,039 41,000 0 iiiii:: 85,039 ::::::i. 55,000 0 55,000 :::.:::: 10,039 igiaftsairiag:::(03.50a0.3.1 ::ili:War,4.::::ji.::::.::j 0:0014::‘ii!::::iii.*:::::::'4.14752.M.K0253ip:::::::::i10:::g:Itig10401::14::::i::::::i.::::40.5.0SMI TRANSFERS TO REDEVELOPMENT AGENCY FROM GENERAL FUND 250,000 ;:::.:i.:::: I••:.:::: I .MgjkMgtMgt::::gg:.:::.gg:1:iirg::::E:::gi::: :g:':::.Rn!:i::::Eaggg.giI. : : ..: .gi::::::::Cg4P:4r$5:2':::::idi::::.::.::?:Sfirii::N::,::agggn 44475ii:iiiiiiii•iiitiiiiiiiiiinifill:•Iiiniiiii iii::::.1i;::::::::AL::::iiiNggi.11:::.e.:::.::::::1::0.1::filigni iiii:iiiii.iiiiiiii::::•glagi::.?:::::R:::::ii• (1)General Fund Balance contains Public Safety reserve equaling $245.000(10%of Sheriff contractl. ---it