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CC RES 1994-047RESOLUTION NO. 94 -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 1994 -95. 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. A, The City Manager i s 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 1994 -95 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 1994 -95 Revenue Budget is hereby adopted, establishing the following revenue levels: 1994 -95 PROGRAM ADOPTED BUDGET General Fund $ 81708,270 State Gas Tax Fund 11340,995 1972 Act Fund 775,200 E1 Prado District Fund 680 Community Development Block Grant Fund 663,606 -1- Resol 94 -47 Recycling Fund Solid Waste (AB 939) Fund Air Quality Management Fund Proposition C Fund Proposition A Fund Capital Improvement Projects Fund Quimby Fund Environmental Excise Tax Fund Bikeways Fund Equipment Replacement Fund Employee Benefits Fund TOTAL REVENUES 83,000 113,000 19,000 345,330 423,000 3,327,000 22,000 4,000 20,936 661,360 429,730 $ 16,937,107 SECTION 3: The 1994 -95 Operating and Capital Improvement Budget Programs are hereby adopted, establishing the following appropriation levels: PROGRAM City Council City Manager City Attorney City Clerk Public Information Finance Personnel Non Departmental 1994 -95 ADOPTED BUDGET S 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 Environmental Services - Planning Environmental Services - Building and Safety Recreation - Administration Recreation - Open Recreation Recreation - Abalone Cove Shoreline Park Recreation - Special Events Recreation - Facility Use Recreation - Point Vicente Interpretive Center Recreation - REACH Street Maintenance Street Landscape Maintenance Traffic Signal Maintenance 53,060 244,650 328,100 132,470 52,980 391,980 69,780 2,489,495 2,369,120 5,500 53,920 124,800 30,580 423,170 16,370 208,950 411,210 17,360 832,250 477,795 213,950 950,100 28,250 70,410 62,400 114,840 60,910 971,880 226,750 70,370 -2- Resol 94 -47 Portuguese Bend Road Maintenance Maintenance District #1 Fund Maintenance District #2 Fund 1972 Act Fund E1 Prado District Fund Community Development Block Recycling Fund Solid Waste (AB 9 3 9 ) Fund Air Quality Management Fund Proposition C Fund Proposition A Fund Capital Improvement Projects Quimby Fund Bikeways Fund Equipment Replacement Fund Employee Benefits Fund TOTAL APPROPRIATIONS Less Transfers: Exhibit "A" Equipment Replacement Fund Employee Benefits Fund Grant Fund Fund NET OPERATING AND CAPITAL EXPENDITURES 89,290 0 0 840,690 11600 642,930 78,510 61,000 2,390 697,300 406, 060 4,333,860 24,590 25,000 321,125 427,950 $ 18,537,695 3,313,690) 321,125) 427,950) $ 14,474,930 SECTION 4: On or before November 1, 1994, the City Manager shall prepare a report of the revenues received from the Utility User Tax, as well as any impact(s) that the adoption of the State budget shall have on the City budget. Based upon a review of this report, the City Council shall consider a possible reduction to the Utility User Tax rate. SECTION 5: On or before December 20, 1994 the City Manager shall prepare a report regarding the progress of the Ocean Trails development for City Council review. Based upon this review, the City Council shall consider appropriating up to $200,000.000 for the repair of Palos Verdes Drive South from Forrestal to the City's easterly limits. -3- Resol 94 -47 PASSED, APPROVED, AND ADOPTED THE 21ST DAY OF JUNE, 1994, ATTEST: CITY CLERK State of Califo_ County of Los Angeles City of Rancho Palos Verdes ss I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution No. 94 -47 was duly and regularly passe and adopted by the said City Council at regular meeting thereof held on June 21, 1994. {` CITY CLERK CITY F RANCHO PALOS VERDES 4 - Resol 94 -47