RPVCCA_CC_SR_2015_06_30_N_Budget_Adjustment_CDBG_ProgramCITY OF k Akht RANCHO
PALOS VERDES
MEMORANDUM
TO: HONORABLE MAYOR & CITY COUNCIL MEMBERS
FROM: DEBORAH CULLEN, DIRECTOR OF FINANCE
DATE: JUNE 30, 2015
SUBJECT: BUDGET ADJUSTMENT — COMMUNITY DEVELOPMENT
BLOCK GRANT PROGRAM
REVIEWED: DOUG WILLMORE, CITY MANAGER®'Var 0*'4
Project Manager: Allan Kaufman, Senior Administrative Analyst N(
RECOMMENDATION
ADOPT RESOLUTION NO. 2015-, A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2015-47, THE
BUDGET APPROPRIATION FOR FY15-16, TO ADJUST THE BUDGET IN THE
COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM.
BACKGROUND AND DISCUSSION
On June 16, 2016, the City Council directed Staff to add the Americans with Disabilities
Act (ADA) improvement project at Del Cerro Park and Burma Road back on the funded
projects list in the Five -Year Capital Improvement Plan. With the addition of this ADA
project, the CIP list of "funded" projects will now increase to about $35 million over five
years. A budget adjustment is required to include this project in the FY2015-16 budget as
the project was added after the budget was adopted on June 16, 2015. The attached
resolution makes that adjustment to the City's 2015-16 budget.
The revised projects listed in year 1 of the CIP is presented in the table below -
1
BUDGET ADJUSTMENT — COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM
June 30, 2015
Page 2 of 2
Revised Summary of FY16-16 Capital Projects
Landslide Dewatering Well Program $ 450,000
Citywide ADA Transition Plan Implementation 200,000
PVIC Exhibits 455,000'
;Traffic Safety Improvements - PVDE at Bronco 500,300
Hawthorne Blvd Corridor Beautification Study (Phase 1) 150,000
Pavement Management Program Update 120,000
Regional Storm Water Quality Project 100,000
Storm Drain Lining $ 340,836 j
Storm Drain Point Repairs 900,000
"ADA Improvement Projects - Del Cerro Park/Burma Rd. $ 164,408
Note: The Five -Year Capital Improvement Plan includes only projects with cost
estimates of $100, 000 or more.
Summary of Resources Used for Funding Capital Spending
FY15-16
Use of CIP & General Fund resources
$ 1,020,030
Use of restricted funds and revenue
2,360,514
Total Resources Used to fund Capital Spending
$ 3,380,544 +
Attachment:
Resolution No. 2015- (page 3)
K
RESOLUTION NO. 2015-
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES, AMENDING RESOLUTION 2015-47, THE BUDGET
APPROPRIATION FOR FY15-16, TO ADJUST THE BUDGET IN THE
COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM.
WHEREAS, Section 3.32 of the Rancho Palos Verdes Municipal Code provides that all
expenditures in excess of budgeted allocations must be by supplemental appropriation
of the City Council: and
WHEREAS, on June 16, 2015, the City Council of the City of Rancho Palos Verdes
adopted Resolution 2015-47, approving a spending plan and authorizing a budget
appropriation for FY15-16: and
WHEREAS, on June 16, 2015, after the FY2015-2016 budget was adopted, the City
Council authorized the addition of the Americans with Disabilities Act (ADA)
improvement project at Del Cerro Park and Burma Road in the Five -Year Capital
Improvement Plan (CIP) to address parking capacity at Del Cerro Park.
WHEREAS, the City Council desires that the FY15-16 budget be adjusted for the
CDBG program to assure budgetary compliance.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES DOES HEREBY FIND. DETERMINE AND RESOLVE AS FOLLOWS:
The following adjustments are made to the FY15-16 budget:
Adjust the CDBG program budget as follows:
Budget Program
Description
Account
Amount
CDBG
Grant Income
310-3098-331-10-00
164,408
CDBG
Improvements
310-3098-461-73-00
(164,408)
PASSED, APPROVED and ADOPTED the 30th day of June 2015.
ATTEST:
CITY CLERK
State of California
County of Los Angeles
City of Rancho Palos Verdes
)ss
MAYOR
3
I, CARLA MORREALE, City Clerk of The City of Rancho Palos Verdes, hereby certify that
the above Resolution No. 2015 -_was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on June 30, 2015.
CITY CLERK