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HomeMy WebLinkAbout13 RESOLUTION NO. 10-67 & RDA RESOLUTION NO. 10-06 APPROPRIATING FUNDS FOR VARIOUS CITY BUDGETS FOR THE FISCAL YEAR 2010/11• Agenda Item 13 AGENDA REPORT Reviewed.' City Manager ~ ~`~- Finance Director MEETING DATE: JUNE 15, 2010 TO: WILLIAM A. HUSTON, CITY MANAGER FROM: Pamela Arends-King, Finance Director SUBJECT: RESOLUTION NO. 10-67 & RDA RESOLUTION NO. 10-06 APPROPRIATING FUNDS FOR VARIOUS CITY BUDGETS FOR THE FISCAL YEAR 2010/2011 SUMMARY: The City Council is requested to approve the attached Resolution adopting the budgets for the City and the Water Enterprise for Fiscal Year 2010/2011. RECOMMENDATION: 1. Approve Resolution No. 10-67 adopting the City budget and appropriating from the anticipated revenues of the City for fiscal year 2010/2011 Governmental Funds of $62,595,361; Special Revenue Funds, $30,233,156; and the Water Enterprise Funds, $11,612,543; and the City's FY 2010/2011 Classification/Compensation Plan; and 2. Adopt Resolution No. RDA 10-06, a Resolution of the Board of Directors of the Community Redevelopment Agency of the City of Tustin, adopting the Agency's 2010/2011 Budget of $28,026,327. FISCAL IMPACT: The adoption of Resolution No. 10-67 and RDA Resolution No. 10-06 will establish the anticipated expenditures for the City of Tustin during fiscal year 2010/2011 at $132,467,387. BACKGROUND: The Proposed 2010/2011 City of Tustin Program and Financial Plan was presented to the City Council at the budget workshop held on June 1, 2010. At the workshop the City Council reviewed key elements of the draft budget. The Council directed staff to make the following changes to the Proposed Budget: • City Council stipend (10% reduction) Page 2 • City Council benefits (capped at PERS Choice) The draft 2010/2011 Tustin Community Redevelopment Agency budget was included in the Proposed City of Tustin Program and Financial Plan which was presented to the City Council at its workshop on June 1, 2010. Pursuant to §33606 of the California Community Redevelopment Law, the Budget included: 1) the proposed expenditures of the Agency; 2) proposed indebtedness to be incurred by the Agency; 3) the anticipated revenues of the Agency; 4) the work program for the coming year, including goals; and 5) an examination of the previous year's achievements and a comparison of the achievements with the goals of the previous year's work program. The Board made no adjustments to the recommended appropriations. R. Pamela Arends-King Finance Director ~.v_ Sean Tran Senior Financ~al Analyst Attachment Resolution No. 10-67 RDA Resolution No. 10-06 RESOLUTION NO. 10-67 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADOPTING THE CITY BUDGET AND APPROPRIATING FROM THE ANTICIPATED REVENUES OF THE CITY FOR THE FISCAL YEAR 2010- 2011 WHEREAS, in accordance with Section 1415th of the Tustin City code, the City Manager has prepared and submitted to the City Council a Proposed Annual Budget for the 2010-2011 fiscal year, beginning July 1, 2010; and WHEREAS, the City Council, as the legislative body of the City, has reviewed this proposed budget; NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve, determine and order as follows: SECTION 1. A certain document is on file in the office of the City Clerk of the City of Tustin, being marked and designated "City of Tustin Proposed Budget 2010-2011 ". Said document, as prepared by the City Manager and reviewed and adjusted by the City Council, is hereby adopted for the fiscal year commencing July 1, 2010; SECTION 2. The following sums of money are hereby appropriated from the anticipated revenues of the City of Tustin for the 2010-2011 fiscal year. GOVERNMENTAL FUNDS General Fund: • City Council $ 152,400 • City Clerk 417,400 • City Attorney 660,000 • City Manager 803,700 • Finance 1,078,000 • Human Resources 769,670 • Community Development 2,719,200 • Public Works 9,594,650 • Police 22,700,500 • Fire 5,624,117 • Parks & Recreations 2,839,800 • Non Departmental 813,993 Total General Fund Appropriations: $ 48,173,430 Capital Projects 7,801,646 Tustin Street Lighting 564,100 Tustin Landscape & Lighting District 762,500 Equipment Replacement Fund 492,000 Information Technology 1,464,700 Risk Management Funds 3,336,985 TOTAL GOVERNMENTAL FUNDS $ 62,595,361 SPECIAL REVENUE FUNDS Asset Forfeiture $ 50,000 Supplemental Law Enforcement 88,200 CDBG 580,800 Measure "M" 2,476,033 Gas Tax 3, 341,180 Park Development 673,000 Reassessment District 95-1 / 95-2 5,178,600 Community Facilities Districts 17,845,343 TOTAL SPECIAL REVENUE FUNDS $ 30,233,156 WATER ENTERPRISE Operations/Debt Service $ 11,121,755 Capital Improvements 490,788 TOTAL WATER ENTERPRISE $ 11,612,543 GRAND TOTAL $ 104,441,060 PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the 15th day of June, 2010. JERRY AMANTE, Mayor ATTEST: PAMELA STOKER, City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Pamela Stoker, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 10-67 was duly assed and adopted at a regular meeting of the Tustin City Council, held on the 15t" day of June, 2010, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: PAMELA STOKER City Clerk RDA RESOLUTION NO. 10-06 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF TUSTIN, CALIFORNIA, ADOPTING THE AGENCY BUDGET AND APPROPRIATING FROM ANTICIPATED REVENUE OF THE AGENCY FOR THE FISCAL YEAR 2010-2011 WHEREAS, in accordance with good fiscal policies, the Executive Director of Tustin community Redevelopment Agency has prepared and submitted to the Board of Directors a proposed Annual Budget for the 2010-2011 fiscal year, beginning July 1, 2010; and WHEREAS, Section 33334.3 of California Redevelopment Law provides that the amount of money spent from the Low and Moderate Income Housing Fund for planning and general administrative activities associated with the development, improvement and preservation of low and moderate income housing shall not be disproportionate to the amount actually spent for the cost of production, improvement or preservation of that housing, and that the Redevelopment Agency shall determine annually that the expenditures from the Low and Moderate Income Housing Funds for each Redevelopment Project Area for planning and administrative expenses are necessary for the production, improvement or preservation of the low and moderate income housing; and WHEREAS, the Board of Directors, as the legislative body of the Agency, has reviewed this proposed budget; NOW, THEREFORE, the Board of Directors of the Community Redevelopment Agency of the City of Tustin does hereby resolve, determine and order that the following sums of money are appropriated from the anticipated revenue of the Redevelopment Agency for the purposes stated during the 2010-2011 fiscal year, and that the expenditures from the Low and Moderate Income Housing Fund for planning and administrative expenses for each Redevelopment Project Area are not disproportionate to the amount actually spent for the cost of production, improvement or preservation of that housing and that the expenditures from the Low and Moderate Income Housing Fund for planning and administrative expenses for each Project Area are necessary for the production improvement and preservation of low and moderate income housing. South Center Project Area: Operating Expenses $ 2,511,853 Debt Service 775,800 Capital Improvements 626,755 TOTAL SOUTH CENTRAL PROJECT AREA APPROPRIATIONS 2010-2011 $ 3,914,408 Marine Corp Air Station Project Area: Operating Expenses $ 4,358,500 Debt Service 9,098,400 Capital Improvements 5,963,191 TOTAL MARINE CORP AIR STATION PROJECT AREA APPROPRIATIONS 2010-2011 $ 19,420,091 Town Center Project Area: Operating Expenses $ 2,319,980 Debt Service 2,202,500 Capital Improvements 169,347 TOTAL TOWN CENTER PROJECT AREA APPROPRIATIONS 2010-2011 $ 4,691,827 PASSED AND ADOPTED at a regular meeting of the Community Redevelopment Agency of the City of Tustin held on the 15th day of June, 2010. JERRY AMANTE, Chair ATTEST: PAMELA STOKER, Recording Secretary STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Pamela Stoker, City Clerk and ex-officio Secretary of the Tustin Community Redevelopment Agency of the City of Tustin, California, do hereby certify that the whole number of the members of the Redevelopment Agency of the City of Tustin is five; that the above and foregoing RDA Resolution No: 10-06 was duly passed and adopted at a regular meeting of the Tustin Community Redevelopment Agency, held on the 15th day of June, 2010, by the following vote: AGENCYMEMBER AYES: AGENCYMEMBER NOES: AGENCYMEMBER ABSTAINED: AGENCYMEMBER ABSENT: PAMELA STOKER Recording Secretary