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CC RES 1993-044RESOLUTION NO. 93 -44 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 1993 -94. 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 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 1993 -94 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 1993 -94 Revenue Budget is hereby adopted, establishing the following revenue levels: 1993 -94 PROGRAM ADOPTED BUDGET General Fund $ 71030,490 State Gas Tax Fund 999,660 1972 Act Fund 780,600 El Prado District Fund 680 Community Development Block Grant Fund 222,045 Recycling Fund 101,000 Solid Waste (AB939) Fund 111,000 Air Quality Management Fund 80,250 -1- Proposition C Fund 320,540 P Proposition A Fund 377,720 Capital Improvement Projects Fund 1,9681000 Quimby Fund 20,000 Environmental Excise Tax Fund 31500 Bikeways Fund 19,102 Equipment Replacement Fund 309,575 Employee Benefits Fund 219,360 TOTAL REVENUES $ 12,563,522 SECTION 3: The 1993 -94 Operating and Capital Improvement Budget Programs are hereby adopted, establishing the following g g expenditure levels: PROGRAM City Council City Manager City Attorney City Clerk Public Information Finance Personnel Non Departmental 1993 -94 ADOPTED BUDGET 5 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 Portuguese Bend Road Maintenance Maintenance District #1 Fund 52,680 208,690 327,000 165,485 54,010 351,030 57,880 11107,145 2,278,000 10,000 37,040 117,700 35,490 4141960 25,940 185,740 373,510 17,030 630,620 432,410 179,130 81, 180 26,260 7,280 48,950 101,760 56,540 887,720 172, 660 81,000 91,440 0 -2- RESOL. NO. 93 -44 Maintenance District #2 Fund 1972 Act Fund E1 Prado District Fund Community Development Block Recycling Fund Solid Waste (AB939) Fund Air Quality Management Fund Proposition,C Fund Proposition A Fund Capital Improvement Projects Quimby Fund Bikeways Fund Equipment Replacement Fund Employee Benefits Fund Grant Fund Fund TOTAL OPERATING AND CAPITAL EXPENDITURES 0 764,200 300 222,525 321,020 60,590 2,490 602,490 329,215 2,823,760 138,000 25,000 185,365 223,270 $ 14,314,505 PASSED, APPROVED, AND ADOPTED THE 18T AY OF MAY, 1993. OR ATTEST: 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. 93 -44 was duly and regularly passe and adopted by the said City Council at regular meeting thereof held on May 18, 1993. CITY CLERK CITY 4 RANCHO PALOS VERDES -3- RESOL. NO. 93 -44