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CC RES 2018-036 RESOLUTION NO. 2018-36 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 2018-2019 WHEREAS, on June 19, 2018, the City Council conducted an advertised Public Hearing to receive public input regarding the budget for FY 18-19; 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 $51,965,081 for all City funds as of June 30, 2019, exclusive of the City's Improvement Authorities. 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 FY 18-19 Revenue Budget is hereby adopted, establishing the following revenue and internal service fund contribution levels: GENERAL $30,923,100 BEAUTIFICATION FUND 5,000 C I P 285,500 GAS TAX 1,798,600 1972 ACT 300 EL PRADO LIGHTING 2,500 CDBG 139,300 1911 ACT 628,000 WASTE REDUCTION 211,700 AIR QUALITY MANAGEMENT 50,900 PROPOSITION C 702,400 PROPOSITION A 849,400 PUBLIC SAFETY GRANTS 131,000 MEASURER 545,400 MEASURE M 592,100 FEDERAL GRANTS 453,800 STATE GRANTS 600,000 HABITAT RESTORATION 12,400 SUBREGION 1 MAINTENANCE 8,100 MEASURE A 91,100 ABALONE COVE SEWER DISTRICT 57,000 GINSBURG CULTURAL ARTS BUILDING 900 DONOR RESTRICTED CONTRIBUTIONS 17,000 QU I M BY 73,000 LOW-MODERATE INCOME HOUSING 44,700 AFFORDABLE HOUSING IN LIEU 6,200 ENVIRONMENTAL EXCISE TAX 116,800 BICYCLE& PEDESTRIAN ACCESS 34,500 WATER QUALITY/FLOOD PROTECTION - ................ ........ ............................................................... . .......... ........................ .......... .......... ......... ........................................................... ... ........................ ................ ................. ........................................................................................................................................................................... .................................................................................. .................................. .. .................................................... .............. ............................................................................................................................... ......... .............. ......... .................... ......... .................... ................................................................................................................................................. ....................................................... ......... .................... .......... ....... .................... ... .............................. ......... .................................. ......................................................... ................................................................................ .......... ............ .................. .......... /TOTALGR ALLTLENTERPRISE� NS REVENUES 3%380,700 EQUIPMENT REPLACEMENT $ 327,200 TOTAL INTERNAL SERVICE D REVEL3274200 Resolution No. 2018-36 Page 2 of 6 Section 3: The FY17-18 Budget is hereby adopted, establishing the following transfers into the following funds: GENERAL $ 220,000 CIP 4,835,700 ::: : .. :::::::: :::::::::::. :::::;:::: :::::::: :: .. ' :: *Does not include $25,000 transfer in for Improvement Authority- Abalone Cove and $20,000 transfer in for Improvement Authority- Portuguese Bend Section 4: The FY17-18 Budget is hereby adopted, establishing the following transfers from the following funds: GENERAL $ 4,564,700 PUBLIC SAFETY GRANTS 130,000 FEDERAL GRANTS 316,000 MEASUREA 90,000 JT-01AVIOPERAV-NIGIMNSfERS-AQVTPNEIP•MMIEIEig Section 5: The FY17-18 Operating and Capital Improvement Budget Programs are hereby adopted, establishing the following allocations. Resolution No. 2018-36 Page 3 of 6 City Council $ 154,600 City Manager 856,500 Legal Services 925,000 City Clerk 621,200 Community Outreach 75,100 RPV TV 289,400 Personnel 365,600 Finance 1,606,100 Information Technology- Data 1,119,400 Information Technology-Voice 113,000 Public Safety-Sheriff Services 6,318,500 Special Safety Programs 868,600 Emergency Preparedness 196,100 Public Works Administration 2,767,300 Traffic Management 502,000 Storm Water Quality 606,000 Public Building Maintenance 679,900 Parks Maintenance 680,000 Trails&Open Space Maintenance 636,000 Vehicle Maintenance 61,000 Sewer Maintenance 69,000 Community Development Administration 706,400 Planning 1,019,900 Building&Safety Services 995,100 Code Enforcement 307,800 View Restoration/Preservation 371,100 NCCP 50,000 Geology 150,000 Animal Control 136,000 Recreation Administration 1,041,400 Other Recreation Facilities 57,500 Eastview Park 5,000 Open Space Management 264,400 Fred Hesse Jr. Park 225,800 Robert E. Ryan Park 120,700 Ladera Linda Community Center 106,400 Abalone Cove Shoreline Park 123,100 Special Events 237,700 City Run Sports&Activities 9,200 Point Vicente Interpretive Center 546,200 REACH 95,300 Recreation Support Services 22,400 Non-departmental 1,323,200 SU.S O1A.GEN ERA!FUN D OPEN DIM RES 27,424,900 Resolution No. 2018-36 Page 4 of 6 Street Maintenance - Pavement Management $ 350,000 Street Maintenance - Non-Pavement 1,158,800 Traffic signal maintenance 40,000 Portuguese Bend Rd. maintenance 70,000 .:.:.:..................................................................... T4x1pusiNpiggpgNI.prmgEkilligniggillgigill 11$11410ux8001 CIP $ 7,105,100 BEAUTIFICATION - 1972 ACT EL P RA DO LIGHTING 800 1911 ACT 617,000 WASTE REDUCTION 317,100 AIR QUALITY MANAGEMENT 50,000 PROPOSITION C 1,100,000 PROPOSITION A 1,148,300 MEASURE R 100,000 MEASURE M 536,000 FEDERAL GRANTS - STATE GRANTS HABITAT RESTORATION 179,500 SUBREGION 1 MAINTENANCE 46,800 ABALONE COVE SEWER DISTRICT 429,600 DONOR RESTRICTED CONTRIBUTIONS 25,000 COMMUNITY DEVELOPMENT BLOCK GRANT - QUI MBY 300,000 BICYCLE&PEDESTRIAN ACCESS - WATER QUALITY/FLOOD PROTECTION - EQUIPMENT REPLACEMENT $ 1,775,200 j$00ToTAiiiNTERNAksigRvickFoNpsaioxegNpRoREsieline 111$1110752001 Resolution No. 2018-36 Page 5 of 6 PASSED, APPROVED and ADOPTED the 19th day of June 2018. A ayor 1 . 41111Klay Clerk 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. 2018-36 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on June 19, 2018. Clerk Resolution No. 2018-36 Page 6 of 6 CITY OF RANCHO PALOS VERDES FY 18-19 FUND SUMMARY Estimated Fund Estimated Fund Fund Balance 6/30/2018 Revenues Transfers In Expenditures Transfers Out Balance 6/30/2019 General Fund Balance 15,367,295 14,520,795 Restricted Amount (Policy Reserve)(13,576,375) (13,712,450) GENERAL FUND Unrestricted Surplus 1,790,920 30,923,100 220,000 (27,424,900) (4,564,700) 808,345 Restricted by Council Action BEAUTIFICATION FUND 9,385 5,000 - - - 14,385 CIP 21,596,019 285,500 4,835,700 (7,105,100) - 19,612,119 EQUIPMENT REPLACEMENT 3,222,349 327,200 - (1,775,200) - 1,774,349 BUILDING REPLACEMENT - - - - - - EMPLOYEE BENEFITS - - - - - - Subtotal Restricted by Council Action 24,827,753 617,700 4,835,700 (8,880,300) - 21,400,853 Restricted by Law or External Agencies GAS TAX 1,278,209 1,798,600 - (1,618,800) - 1,458,009 1972 ACT - 300 - - - 300 EL PRADO LIGHTING 29,360 2,500 - (800) - 31,060 CDBG (35,049) 139,300 - - - 104,251 1911 ACT 2,624,502 628,000 - (617,000) - 2,635,502 WASTE REDUCTION 440,373 211,700 - (317,100) - 334,973 AIR QUALITY MANAGEMENT 85,215 50,900 - (50,000) - 86,115 PROPOSITION C 479,866 702,400 - (1,100,000) - 82,266 PROPOSITION A 2,723,013 849,400 - (1,148,300) - 2,424,113 PUBLIC SAFETY GRANTS 72,231 131,000 - - (130,000) 73,231 MEASURE R 2,019,625 545,400 - (100,000) - 2,465,025 MEASURE M 301,900 592,100 - (536,000) - 358,000 FEDERAL GRANTS 579,880 453,800 - - (316,000) 717,680 STATE GRANTS - 600,000 - - - 600,000 HABITAT RESTORATION 1,084,090 12,400 - (179,500) - 916,990 SUBREGION 1 MAINTENANCE 791,277 8,100 - (46,800) - 752,577 MEASURE A 115,301 91,100 - - (90,000) 116,401 ABALONE COVE SEWER DISTRICT 322,642 57,000 - (429,600) - (49,958) GINSBURG CULTURAL ARTS BUILDING 87,264 900 - - - 88,164 DONOR RESTRICTED CONTRIBUTIONS 809,978 17,000 - (25,000) - 801,978 QUIMBY 882,894 73,000 - (300,000) - 655,894 LOW-MOD INCOME HOUSING 169,637 44,700 - - - 214,337 AFFORDABLE HOUSING IN LIEU 599,801 6,200 - - - 606,001 ENVIRONMENTAL EXCISE TAX 419,224 116,800 - - - 536,024 BIKEWAYS - 34,500 - - - 34,500 WATER QUALITY/FLOOD PROTECTION - - - - - 0 Subtotal Restricted by Law or External Agencies 15,881,233 7,167,100 - (6,468,900) (536,000) 16,043,433 TOTAL GOVERNMENTAL FUNDS 56,076,281 38,707,900 5,055,700 (42,774,100) (5,100,700) 51,965,081 Improvement Authorities IMPROV AUTH - PORTUGUESE BEND 105,412 1,100 20,000 (122,000) - 4,512 IMPROV AUTH - ABALONE COVE 1,051,709 3,400 25,000 (75,700) - 1,004,409 Subtotal for Improvement Authorities 1,157,121 4,500 45,000 (197,700) - 1,008,921 GRAND TOTAL OF ALL FUNDS 57,233,402 38,712,400 5,100,700 (42,971,800) (5,100,700) 52,974,002 FY 18-19 Estimated Resources FY 18-19 Estimated Appropriations Resolution No. 2018-36 Exhibit A Page 1 of 1