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CC RES 1988-038RESOLUTION NO* 88-38 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES APPROVING A BUDGET APPROPRIATION AND ADOPTING THE OPERATING BUDGET FOR FISCAL YEAR 1988-89* THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES does hereby resolve as follows. SECTION - 1 : That an Appropriation-Expenditure Budgeting System is hereby adopted. The system consists of: A.* Present Personnel Policies and Procedures, including salary schedules and benefits, except as hereinafter changed by resolution or ordinance of the City Council. B: An Appropriation-Expenditure System which will show budgetary categories by department. C: This system will apply to Operating Budget Expenditures as intended for use in Fiscal Year 1988-89. D: The City Manager is authorized to transfer Operating Budget Appropriation Balances between functions and/or programs when he deems it necessary to do so and will notify the City Council of any such transero Eo. Budget system assumes existing service levels, I Council approval will be required for any significant changes involving increased or decreased service levels,, F: The Director of Finance 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. G-6 A - monthly report shall be prepared by each department and/or project indicating any changes in service levels and the progress each entity has achieved or failed to achieve and the reasons for said status, if they have not obtained results. Each manager shall be accountable for achieving results of his/her organization unit based upon the objectives. set for each unit by the City Manager and City Council and shall be evaluated as to their performance in an annual performance appraisal conducted by the City Manager. H: 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 1988-89 Fiscal Year, if total revenues, as estimated by the Finance Director, are insufficient, the amount of total operating 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. SECTION 2: The 1988 -89 operating Budget Programs are hereby adopted, establishing the following expenditure levels: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. DEPARTMENT City Council City Manager City Attorney City Clerk Finance Non - Departmental Public Safety Public Works - General Fund Public Works - Reimbursable Environmental Services Building & Safety 1988 -89 ADOPTED BUDGET $ 25,oOO 237,840 242,550 123,525 403,300 98,100 1,657,100 954,650 178,500 550,150 596,825 Recreation & Parks - General Fund 312,910 Recreation & Parks - User Fee 446,520 Recreation & Parks - Pt. Vicente 69,915 Recreation & Parks - Facility Use 41,232 Recreation & Parks - Abalone Cove 25,535 Reserve Other Sources 400,000 Street Maintenance Fund 1,456,600 Traffic Safety Fund 19880 195r500 Proposition A Fund 597,150 Utility User Tax Transfer to CIP 750,000 TOTAL OPERATING EXPENDITURES $9,362,902 SECTION 3: Operating Budget Revenues are hereby adopted establishing a revenue base by which City Expenditures will be judged. 1. General Fund $7,332,360 2. Street Maintenance Fund 921,000 3. Traffic Safety Fund 104y100 4. Proposition A Fund 597,150 6. Transfer from Reserves and/or 408,292 Other Sources TOTAL OPERATING & CAPITAL REVENUES $9,362,902 PASSED, APPROVED, AND ADOPTED THE 21ST DAY OF JUNE, 19880 13ey I TES CITY CLERK tate of California ) ounty of Los Angeles ) ss City of Rancho Palos Verdes ) I, JO PURCELL, City Clerk of. the City of Rancho Palos Verdes, hereby certify htat the above Resolution No. 88 -38 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on June 21, 19880 CITY;-CLERK City 0 f Rancho Palos Verdes -3- Resol. 88 -38