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CC RES 2017-032 RESOLUTION NO. 2017-32 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 2017- 2018. WHEREAS, on June 20, 2017, the City Council conducted an advertised Public Hearing to receive public input regarding the draft budget for FY17-18; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: Section 1: That a revenue and expenditure/expense budget is hereby adopted. The adopted budget, by fund, is per Exhibit A with a total Estimated Ending Fund Balance of $51,344,468 for all City funds as of June 30, 2018, exclusive of the City's Improvement Authority. A. The City Manager is authorized to transfer certain Budget Appropriation Balances within functions and/or programs when deemed necessary to do so in accordance with Chapter 3.32 of the Rancho Palos Verdes Municipal Code. B. City Council approval will be required for any significant changes involving increased or decreased service levels. C. 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 by the City Manager. Section 2: The FY17-18 Revenue Budget is hereby adopted, establishing the following revenue and internal service fund contribution levels: Resolution No. 2017-32 Page 1 of 6 GENERAL $30,207,300 BEAUTIFICATION FUND 2,900 CI P 458,600 GAS TAX 1,261,200 1972 ACT - EL PRADO LIGHTING 2,500 CDBG 139,300 1911 ACT 617,800 WASTE REDUCTION 209,900 AIR QUALITY MANAGEMENT 50,600 PROPOSITION C 667,000 PROPOSITION A 803,600 PUBLIC SAFETY GRANTS 100,300 MEASURE R 508,600 MEASURE M 540,800 FEDERAL GRANTS 1,131,300 STATE GRANTS 600,000 HA B I TAT RESTORATION 5,000 SUBREGION 1 MAINTENANCE 4,800 MEASURE A 90,100 ABALONE COVE SEWER DISTRICT 55,600 GINSBURG CULTURAL ARTS BUILDING 500 DONOR RESTRICTED CONTRIBUTIONS 7,500 QUIMBY 65,400 LOW-MODERATE INCOME HOUSING 45,300 AFFORDABLE HOUSING IN LIEU 3,500 ENVIRONMENTAL EXCISE TAX 114,500 BICYCLE&PEDESTRIAN ACCESS 82,500 WATER QUALITY/FLOOD PROTECTION - TCPTALGINERNMEAITALSIENTERPRISEIIFIUNDREVENUIESE EQUIPMENT REPLACEMENT $ 300,900 iiTCYt..................../........::.: .. R AL E.R E PU.D RE E E :..........:::::::: .::.: Resolution No. 2017-32 Page 2 of 6 Section 3: The FY17-18 Budget is hereby adopted, establishing the following transfers into the following funds: GENERAL $ 230,000 CIP 4,526,000 SUBREGION 1 MAINTENANCE 41,500 ABALONE COVE SEWER DISTRICT 208,000 *Does not include$38,000 transfer in for Improvement Authority-Abalone Cove Section 4: The FY17-18 Budget is hereby adopted, establishing the following transfers from the following funds: GENERAL $ 4,813,500 PUBLIC SAFETY GRANTS 140,000 MEASURE A 90,000 iTOTALOPERATINGIRAN$F......................................................................:.:.:..::::::::::::::::::..::::::::::::::::::::::::::::::.:::.:.:::SOULENEEssmagiimenumilinammuiiiiiiSAMAAi ...................... Section 5: The FY17-18 Operating and Capital Improvement Budget Programs are hereby adopted, establishing the following allocations. Resolution No. 2017-32 Page 3 of 6 City Council $ 128,600 City Manager 840,100 Legal Services 925,000 City Clerk 679,600 Community Outreach 87,500 RPV TV 229,000 Personnel 392,700 Finance 1,410,600 Information Technology- Data 1,134,700 Information Technology-Voice 95,000 Public Safety-Sheriff Services 6,135,200 Special Safety Programs 825,500 Animal Control 136,000 Emergency Preparedness 189,300 Public Works Administration 2,723,100 Traffic Management 406,000 Storm Water Quality 586,100 Public Building Maintenance 651,800 Parks Maintenance 748,100 Sewer Maintenance 69,000 Community Development Administration 604,500 Planning 1,005,400 Building&Safety Services 969,100 Code Enforcement 321,000 View Restoration/Preservation 357,000 NCCP - Geology 150,000 Recreation Administration 1,193,000 Other Recreation Facilities 77,200 Eastview Park 5,000 Open Space Management 148,600 Fred Hesse Jr. Park 202,100 Robert E. Ryan Park 120,000 Ladera Linda Community Center 99,100 Abalone Cove Shoreline Park 98,300 Special Events 218,000 City Run Sports&Activities 18,700 Point Vicente Interpretive Center 425,300 REACH 66,700 Recreation Support Services 26,000 Non-departmental 1,106,400 SU....................:..TOTALG EN E.RAL FLO N D EXPEN DEW RES 25,604,3W.... Resolution No. 2017-32 Page 4 of 6 Street Maintenance-Pavement Management $ 245,000 Street Maintenance-Non-Pavement 1,284,100 Traffic signal maintenance 10,000 Portuguese Bend Rd. maintenance 60,000 igmprogggrAtTAXIM,N.O.iMINNPROggsmononn 1$11.459.9mor CI P $ 5,664,400 BEAUTIFICATION $ 475,000 1972 ACT - EL PRADO LIGHTING 800 1911 ACT 1,487,000 WASTE REDUCTION 290,700 AIR QUALITY MANAGEMENT 50,000 PROPOSITION C 600,000 PROPOSITION A 648,300 MEASURE R 650,000 MEASURE M 536,200 FEDERAL GRANTS 1,131,300 STATE GRANTS 600,000 HABITAT RESTORATION 174,300 SUBREGION 1 MAINTENANCE 44,800 ABALONE COVE SEWER DISTRICT 250,500 DONOR RESTRICTED CONTRIBUTIONS 305,000 COMMUNITY DEVELOPMENT BLOCK GRANT 139,300 QU I M BY 650,000 BICYCLE&PEDESTRIAN ACCESS 82,500 WATER QUALITY/FLOOD PROTECTION :JWBTOTA4pThERIEtfNpSlggeENptrtfR.E$MppgpppwpmppBIISIPMQ4001........ ::::...:.......:.:................................. ......... . EQUIPMENT REPLACEMENT $ 1,844,300 ........... AUBTOTAPINIRRNALAERVICEIRINIAIERENpliVRES1101$14.844j3001 Resolution No. 2017-32 Page 5 of 6 PASSED, APPROVED and ADOPTED the 20th day of June 2017. fit,/,/ 7 =ST: :mor r 411111110 I ity C -,rk State of California ) County of Los Angeles ) City of Rancho Palos Verdes ) I, Emily Colborn, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2017-32 was duly and regularly passed and adopted by the said City Council at regular meeting the -• ,eld on June 20, 2017. i1 sr_ Cit CIe k Resolution No. 2017-32 Page 6 of 6