Loading...
CC RES 2020-037 RESOLUTION NO. 2020-37 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 2020-2021. WHEREAS, on April 13, 2020, the City Council conducted a public workshop to consider the assumptions and estimates that would be used to develop the FY 2020-2021 General Fund Operating budget; WHEREAS, on April 27, 2020, the City Council conducted a second public workshop to review and discuss the FY 2020-2021 Capital Improvement Program (CIP) budget and the City's 5-year CIP Program; WHEREAS, on May 19, 2020, the City Council reviewed the FY2020-2021 Preliminary Budget based on third quarter figures, including the CIP, Special Revenue Funds, and the Equipment Replacement Fund. The Preliminary Budget presented to the City Council included a structurally balanced budget for the General Fund, where recurring revenues are greater than or equal to recurring expenditures; WHEREAS, on June 2, 2020, the City Council conducted a duly noticed public hearing to receive a comprehensive report and public input on the FY 2020-2021 Budget based on estimated year-end results. That evening, the City Council also determined that the utility users' tax (UUT) rate of 3% should continue for FY 2020-2021 as a necessary revenue source for the City's operating and capital improvements; WHEREAS, on June 16, 2020, the City Council conducted an advertised Public Hearing to receive public input regarding the budget for FY 2020-21; 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 Attachment A with a total Estimated Ending Fund Balance of$44,340,441 for all City funds as of June 30, 2021, 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 2020-21 Revenue Budget is hereby adopted, establishing the following Governmental and Internal Service Fund contribution levels: GENERAL $28,969,900 • CIP 460,000 GAS TAX 1,462,000 EL PRADO LIGHTING 2,500 CDBG 217,700 1911 ACT 628,200 WASTE REDUCTION 131,000 AIR QUALITY MANAGEMENT 55,000 PROPOSITION C 702,400 PROPOSITION A 849,400 PUBLIC SAFETY GRANTS 157,700 MEASURE R 545,400 MEASURE M 530,000 HABITAT RESTORATION 12,400 SUBREGION 1 MAINTENANCE 14,000 MEASURE A 91,000 ABALONE COVE SEWER DISTRICT 52,000 DONOR RESTRICTED CONTRIBUTIONS 25,000 QUIMBY 25,000 LOW-MODERATE INCOME HOUSING 46,200 AFFORDABLE HOUSING IN LIEU 15,000 ENVIRONMENTAL EXCISE TAX 10,000 TOTAL GOVERNMENTAL FUND REVENUES $35,001,800 1 EQUIPMENT REPLACEMENT $ 138,300 TOTAL INTERNAL SERVICE FUND REVENUES $ 138,300 Section 3: The FY 2020-21 Budget is hereby adopted, establishing the following transfers into the following funds: GENERAL $ 230,000 CIP 1,934,000 SUBREGION 1 MAINTENANCE 10,000 ABALONE COVE SEWER MAINTENANCE - *TOTAL OPERATING TRANSFERS IN $ 2,174,000 *Does not include $30,000 transfer in for Improvement Authority- Portuguese Bend Section 4: The FY 2020-21 Budget is hereby adopted, establishing the following transfers from the following funds: Resolution No. 2020-37 Page 2 of 6 GENERAL $ 1,964,000 PUBLIC SAFETY GRANTS 130,000 MEASURE A 100,000 TOTAL OPERATING TRANSFERS OUT $ 2,194,000 *Does not include $30,000 transfer out for Improvement Authority- Portuguese Bend Section 5: The FY 2020-21 Operating and Capital Improvement Budget Programs are hereby adopted, establishing the following allocations. I I Resolution No. 2020-37 Page 3 of 6 L City Council $ 102,900 Legal Services 975,000 Public Safety-Sheriff Services 7,222,400 Special Safety Programs 160,300 City Manager 795,300 City Clerk 638,700 Community Outreach 68,300 Emergency Preparedness 158,400 RPV TV 229,700 Human Resources 316,000 Information Technology- Data 1,081,800 Information Technology-Voice 110,000 Finance 1,565,100 Non-departmental 1,874,700 Community Development Administration 604,200 Planning 840,000 Building & Safety Services 787,200 Code Enforcement 295,600 View Restoration/Preservation 359,300 NCCP 50,000 Geology 100,000 Animal Control 109,000 Public Works Administration 2,095,500 Traffic Management 304,800 Storm Water Quality 506,000 Public Building Maintenance 529,000 Parks Maintenance 702,000 Street Landscape Maintenance 181,000 Trails & Open Space Maintenance 334,800 Fuel Modification 554,500 Vehicle Maintenance 47,000 Sewer Maintenance 35,000 Recreation Administration 1,088,000 Other Recreation Facilities 1,000 Fred Hesse Jr. Park 181,800 Robert E. Ryan Park 86,700 Ladera Linda Community Center 67,600 Abalone Cove Shoreline Park 155,300 Special Events 209,700 Point Vicente Interpretive Center 550,400 REACH 71,700 Recreation Support Services 21,000 City Run Sports &Activities 4,900 Contract Classes 50,000 Volunteer Program 7,000 Park Rangers 308,300 Eastview Park 67,900 Open Space Management 232,100 SUBTOTAL GENERAL FUND EXPENDITURES $26,836,900 Resolution No. 2020-37 Page 4 of 6 Street Maintenance - Pavement Management $ 150,000 Street Maintenance - Non-Pavement 942,000 Portuguese Bend Rd. Maintenance 70,000 SUBTOTAL GAS TAX FUND EXPENDITURES $ 1,162,000 CIP $ 2,521,000 EL PRADO LIGHTING 800 1911 ACT 804,200 WASTE REDUCTION 287,500 AIR QUALITY MANAGEMENT 57,000 PROPOSITION C 945,000 PROPOSITION A 776,600 MEASURER 450,000 MEASURE M 536,000 HABITAT RESTORATION 184,900 SUBREGION 1 MAINTENANCE 41,600 ABALONE COVE SEWER MAINTENANCE 146,000 DONOR RESTRICTED CONTRIBUTIONS 25,000 COMMUNITY DEVELOPMENT BLOCK GRANT 150,600 ENVIRONMENTAL EXCISE TAX 210,000 SUBTOTAL OTHER FUNDS EXPENDITURES $ 7,136,200 EQUIPMENT REPLACEMENT $ 650,000 SUBTOTAL INTERNAL SERVICE FUNDS EXPENDITURES $ 650,000 Resolution No. 2020-37 Page 5 of 6 PASSED, APPROVED and ADOPTED the 16th day of June 2020. C ATTEST: ) MAYOR TY 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. 2020-37 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on June 16, 2020. -4 �w Y CLERK Resolution No. 2020-37 Page 6 of 6 CITY OF RANCHO PALOS VERDES FY 2020-21 FUND SUMMARY RESOLUTION NO.2020-37 ATTACHMENT A Fund Balance FY20-21 Estimated Resources FY20-21 Estimated Appropriations Fund Balance Fund 6/30/2020 Revenues Transfers In Expenditures Transfers Out 6/30/2021 General Fund Balance 21,073,135 28,969,900 230,000 26,836,900 1,964,000 21,472,135 Restricted Amount(Policy Reserve) (13,135,756) (13,418,450) General Fund Unrestricted Balance 7,937,380 28,969,900 230,000 26,836,900 1,964,000 8,053,685 Restricted by Council Action CIP 24,342,991 460,000 1,934,000 2,521,000 - 24,215,991 EQUIPMENT REPLACEMENT 2,679,042 138,300 - 650,000 - 2,167,342 Subtotal of Restricted by Council Action 27,022,033 598,300 1,934,000 3,171,000 - 26,383,333 Restricted by Law or External Agencies GAS TAX 94,814 1,462,000 - 1,162,000 - 394,814 1972 ACT 28,384 - - - - 28,384 EL PRADO LIGHTING 34,475 2,500 - 800 - 36,175 CD BG (131,103) 217,700 150,600 - (64,003) 1911 ACT 1,170,808 628,200 - 804,200 - 994,808 WASTE REDUCTION 334,497 131,000 - 287,500 - 177,997 AIR QUALITY MANAGEMENT 102,012 55,000 - 57,000 - 100,012 PROPOSITION C 630,419 702,400 945,000 - 387,819 PROPOSITION A 1,999,772 849,400 - 776,600 - 2,072,572 PUBLIC SAFETY GRANTS 76,041 157,700 - - 130,000 103,741 MEASURE R 984,844 545,400 - 450,000 - 1,080,244 MEASURE M 37,707 530,000 - 536,000 - 31,707 HABITAT RESTORATION 785,018 12,400 - 184,900 - 612,518 SUBREGION 1 MAINTENANCE 773,920 14,000 10,000 41,600 - 756,320 MEASURE A 57,918 91,000 - - 100,000 48,918 ABALONE COVE SEWER DISTRICT 178,484 52,000 146,000 - 84,484 GINSBURG CULTURAL ARTS BUILDING - - - - - - DONOR RESTRICTED CONTRIBUTIONS 767,832 25,000 - 25,000 - 767,832 QUIMBY 1,277,833 25,000 - - - 1,302,833 LOW-MOD INCOME HOUSING 235,060 46,200 - - - 281,260 AFFORDABLE HOUSING IN LIEU 853,837 15,000 - - - 868,837 ENVIRONMENTAL EXCISE TAX 236,563 10,000 - 210,000 - 36,563 BIKEWAYS - - - - - - Subtotal Restricted by Law 10,328,723 5,571,900 10,000 5,777,200 230,000 9,903,423 GRAND TOTAL GOVERNMENT FUNDS 45,288,135 35,140,100 2,174,000 35,785,100 2,194,000 44,340,441 I Resolution No.2020-37 Attachment A Page 1 of 1