CC RES 1995-050RESOLUTION NO. 95 -50
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 1995 -96.
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 $7,052,299 and a
total Estimated Ending Unreserved Fund Balance of $6,081,832.
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.
Co 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 1995 -96 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 30 days.
SECTION 2. The 1995 -96 Revenue Budget is hereby adopted,
establishing the following revenue levels:
General Fund $ 81712,150
State Gas Tax Fund 833,000
1972 Act Fund 800,800
1911 Act Fund 948,420
E1 Prado District Fund 690
Community Development Block Grant Fund 782,934
Recycling Fund 101,300
Solid Waste (AB939) Fund 136, 250
Air Quality Management Fund 55,500
Proposition C Fund 362,600
Proposition A Fund 455,000
Capital Improvement Projects Fund 11837,700
Quimby Fund 23,400
Environmental Excise Tax Fund 6,000
Bikeways Fund 23f600
Subtotal Revenues $ 15,079,344
Equipment Replacement Fund 310,000
Employee Benefits Fund 446,310
Total Revenues $ 15,835,654
SECTION 3: The 1995 -96 Budget is hereby adopted, establishing
the following transfers into the following funds:
General Fund $ 513,388
State Gas Tax Fund 498,040
Capital Improvement Pro j,ects Fund 3 f 8 0 517 7 0
Total Transfers In $ 41817,198
SECTION 4: The 1995 -96 Budget is hereby adopted, establishing
the following transfers from the following funds.
General Fund
1972 Act Fund
1911 Act Fund
Community Development
Recycling Fund
Proposition C Fund
Bikeways Fund
Total Transfers
Block Grant Fund
Out
$ 41135,000
735,550
32,128
57,000
101,300
267,520
25.000
$
51252,198
SECTION 5: The 1995 -96 Operating and Capital Improvement
Budget Programs are hereby adopted, establishing the following
allocations:
City Council
City Manager
City Attorney
City Clerk
Public Information
Finance
Personnel
Non Departmental
Public Safety - Sheriff
Public Safety - Neighborhood Watch
Public Safety - Special Programs
Public Safety - Animal Services
Public Safety - Emergency Preparedness
Public Works - Administration
Public Works City Engineering
Public Works - Public Building Maintenance
Public Works - Park Maintenance
Public Works - Trails Maintenance
Planning and Code Enforcement
Building and Safety
$ 52,200
251,910
328,100
178 , 575
50,810
399,520
70,150
385,2 -20
2,454,400
4,000
79,040
122,330
34,960
457,380
28,000
436,220
392,710
21,800
1,170,250
479,105
-2- RESOL. NO. 95 -50
Recreation
- Administration
206,650
Recreation
- Open Recreation
99,990
Recreation
- Abalone Cove Shoreline Park
66,030
Recreation
- Special Events
71530
Recreation
- Facility Use
51,680
Recreation
- Point Vicente Interpretive Center
120,580
Recreation - REACH
Street Maintenance
Street Landscape Maintenance
Traffic Signal Maintenance
Portuguese Bend Road Maintenance
1972 Act Fund
1911 Act Fund
E1 Prado District Fund
Community Development Block Grant Fund
Recycling Fund
Solid Waste (AB939) Fund
Air Quality Management Fund
Proposition C Fund
Proposition A Fund
Capital Improvement Projects Fund
Quimby Fund
65,410
1,404,190
243,920
70,520
89,020
115,000
293,250
if 100
725,934
100,140
118 , 180
1,270
11970
395,370
4,000,397
40 f 000
Subtotal Allocations $ 15,614,811
Equipment Replacement Fund 385,760
Employee Benefits Fund 445,850
Total Operating and Capital Allocations $ 16,446,421
PASSED, APPROVED, AND ADOPTED THE 16TH DAY OF MAY, 1995,
MAYO
ATT ST:
CITY CLERK
State of California
County of Los Angeles )ss
City of Rancho Palos Verdes
If JO PURCELL, City Clerk of The City of Rancho Palos Verdes,
hereby certify that the above Resolution No. 95 -50 was duly and
regularly passe and adopted by the said City Council at regular
meeting thereof held on May 16, 19950 (1
CITY CLERK
CI /OF RANCHO PALOS VERDES
-3- RESOL. NO. 95 -50
EXHIBIT A
CITY OF RANCHO PALOS VERDES
SUMMARY OF FUND BALANCE STATUS
FISCAL YEAR 1995 -96
EST EST
FUND FUND
BALANCE TRANSFER TRANSFER BALANCE
FUND 6/30/95 REVENUE IN OUT EXPEND 6/30/96
001
GENERAL
4,363,433
8,712,150
513,388
4,135,000
8,014,550
1,439,421
102
STATE GAS TAX
587,137
833,000
498,040
1,807,650
110,527
105
MAINTENANCE DISTRICT #1
0
0
0
0
0
106
MAINTENANCE DISTRICT #2
0
0
0
0
0
103
1972 ACT DISTRICT
185,365
800,800
0
735,550
1 15,000
135,615
104
1911 ACT DISTRICT
0
948,420
0
32,128
293,250
623,042
109
EL PRADO
545
690
0
1,100
135
110
CDBG
0
782,934
0
57,000
725,934
0
112
RECYCLING
30,552
101,300
0
0
100,140
31,712
113
SOLID WASTE (AB939)
252,565
136,250
118,180
270,635
114
AIR QUALITY MANAGEMENT
173,772
55,500
1,270
228,002
115
PROPOSITION C
72,129
362,600
267,520
1,970
165,239
116
PROPOSITION A
336,389
455,000
0
395,370
396,019
330
CIP
364,784
1,837,700
3,805,770
4,000,397
2,007,857
334
QUIMBY
461,118
23,400
40,000
444,518
338
ENVIRONMENTAL EXCISE TAX
123,805
6,000
0
129,805
340
BIKEWAYS
100,705
23,600
25,000
0
99,305
2 A. ............................... ...... .: ...: .
TRANSFERS TO REDEVELOPMENT AGENCY FROM GENERAL FUND 435,000
:;::
RESOL. NO. 95 -50