HomeMy WebLinkAbout07 CC RES 13-50 & THA RES 13-01 ADOPTING BUDGET FY 2013/14Agenda Item
Reviewed:
AGENDA REPORT City Manager
Finance Director
TO: JEFFREY C. PARKER, CITY MANAGER
FROM: PAMELA ARENDS-KING, FINANCE DIRECTOR
SUBJECT: RESOLUTION NO. 13-50, AND TUSTIN HOUSING AUTHORITY
RESOLUTION NO. 13-01 APPROPRIATING FUNDS FOR VARIOUS
CITY AND HOUSING AUTHORITY BUDGETS FOR THE FISCAL YEAR
2013/2014
The City Council/Commissioners are requested to approve the attached Resolutions
adopting the budgets for the City, Tustin Housing Authority, and the Water Enterprise
for Fiscal Year 2013/2014.
1. Adopt Resolution No. 13-50, adopting the City budget and appropriating from the
anticipated revenues of the City for fiscal year 2013/2014, Governmental Funds,
$72,335,040; Special Revenue Funds, $35,845,578; and the Water Enterprise
Funds, $22,431,610; and
2. Adopt Tustin Housing Authority Resolution No. 13-01, adopting the Housing
Authority budget and appropriating from the anticipated revenues of the Authority
for fiscal year 2013/2014, $265,800.
FISCAL IMPACT:
The adoption of Resolution No. 13-50 will establish the anticipated expenditures for the
City of Tustin during fiscal year 2013/2014 at $130,612,228. This expenditure is greater
than the proposed fiscal year 2013/2014 budget of $122,783,070, as it includes capital
outlays and debt service payments for the Water Enterprise Fund and increased capital
expenditures for Tustin Ranch Road to take advantage of additional grant funding.
City Council Agenda Report
June 18, 2013
City Budget FY 2013/14
Page 2 of 3
The adoption of Tustin Housing Authority Resolution No. 13 -01 will establish the
anticipated expenditures for the Housing Authority during fiscal year 2013/2014 at
$265,800.
BACKGROUND:
The Proposed 2013/2014 City of Tustin Program and Financial Plan was presented to
the City Council at the Budget workshop held on June 6, 2013. At the workshop, the
City Council reviewed key elements of the proposed budget. The Council did not direct
staff to make any changes to the Proposed Budget.
Subsequent to the June 6, 2013 Budget workshop, staff made revenue and expenditure
changes to reflect updated information received from the departments. The changes
include:
• Increase in Capital Fund and Measure M Fund expenditures as well as an
increase in the Capital Fund revenues to take advantage of available grant
funding from OCTA in the form of State and Local Partnership Program (SLPP).
The SLPP grant requires 100% matching from local transportation funding
source. As such, Measure M2 local fair -share moneys were used to match the
grant funding for the Tustin Ranch Road project. The expenditures for both
funds (CIP & Measure M) were increased by $480,000, $240,000 in each fund,
with 50% of the total expenditure being off -set by new additional revenues from
the SLPP Grant;
• Increase in Land Sale Proceeds Fund expenditure to include capital expenditures
for Newport Avenue Median improvements that were under budgeted in the
proposed CIP budget, an impact of $300,000;
• Increase in Community Facilities District (CFD) 06 -1 Fund expenditure for capital
project carry-overs from the current fiscal year to next fiscal year based on
revised projected expenditures, an impact of $676,000.
The proposed FY 2013/2014 budget for the General Fund had planned use of excess
reserves / revenue carry-over of $273,477, with revenues of $47,764,400 and
expenditures of $48,037,877.
The proposed FY 2013/2014 budget projected the General Fund Fund Balance to be
$10,698,190 as of June 30, 2013, which represents 22.3% of General Fund
expenditures. The General Fund Fund Balance meets the City Council's reserve policy
of 20 %.
City Council Agenda Report
June 18, 2013
City Budget FY 2013/14
Page 3 of 3
Pamela Arends -King
Finance Director
Attachments
Resolution No. 13 -50
Tustin Housing Authority Resolution No. 13 -01
Sean Tran'
Administrative Services Manager
RESOLUTION NO. 13-50
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 2013-
2014
WHEREAS, in accordance with Section 1415 of the Tustin City code, the City
Manager has prepared and submitted to the City Council a Proposed Annual Budget for
the 2013-2014 fiscal year, beginning July 1, 2013; 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 2013-2014".
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, 2013;
SECTION 2. The following sums of money are hereby appropriated from the
anticipated revenues of the City of Tustin for the 2013-2014 fiscal year,
GOVERNMENTAL FUNDS
General Fund:
• City Council
$ 61,300
• City Clerk
444,998
• City Attorney
550,000
• City Manager
652,100
• Finance
1,083,900
• Human Resources
670,800
• Community Development
2,648,950
• Public Works
8,182,784
• Police
23,342,720
• Fire
6,181,900
• Parks & Recreations
2,979,625
• Successor Agency / RDA
21,600
• Non Departmental
1,217,200
Total General Fund Appropriations:
$ 48,037,877
Capital Projects
14,418,858
Tustin Street Lighting
570,300
Resolution 13-50
Page 1 of 4
Tustin Landscape & Lighting District
Equipment Replacement Fund
Information Technology
Risk Management Funds
Proceeds of Land Sale Fund
Obligation Reimb. From Succ. Agen.
TOTAL GOVERNMENTAL FUNDS
SPECIAL REVENUE FUNDS
AQMD Fund
Asset Forfeiture
Supplemental Law Enforcement
CDBG
Measure "M"
Gas Tax
Park Development
Reassessment District 95-1 / 95-2
Community Facilities Districts
TOTAL SPECIAL REVENUE FUNDS
WATER ENTERPRISE FUNDS
Operations/Debt Service
Capital Improvements
Capital Outlay
TOTAL WATER ENTERPRISE FUNDS
GRAND TOTAL
Resolution 13-50
Page 2 of 4
I off
• I Wo
$ 72,335,040
$ iil
187,0
:il
866,6 •
9,404,9
2,186,1 It
388,5
• 20
22,225,41
$ 35,845,578
$ 16,444,743
450,000
5,536,867
$ 22,431,610
$ 130,612,228
PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin,
California, held on the 18TH day of June, 2013.
ELWYN A. MURRAY,
Mayor
ATTEST:
JEFFREY C. PARKER,
City Clerk
Resolution 13-50
Page 3 of 4
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN
1, Jeffrey C. Parker, 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. 13-50
was duly assed and adopted at a regular meeting of the Tustin City Council, held on the
18TH day of June, 2013, by the following vote:
COUNCILMEMBER AYES:
COUNCILMEMBER NOES:
COUNCILMEMBER ABSTAINED:
COUNCILMEMBER ABSENT:
JEFFREY C. PARKER,
City Clerk
Resolution 13-50
Page 4 of 4
TUSTIN HOUSING AUTHORITY RESOLUTION NO. 13-01
A RESOLUTION,OF THE TUSTIN HOUSING AUTHORITY
OF THE CITY OF TUSTIN, CALIFORNIA, ADOPTING THE
HOUSING AUTHORITY BUDGET AND APPROPRIATING
FROM THE ANTICIPATED REVENUES OF THE
AUTHORITY FOR THE FISCAL YEAR 2013-2014
WHEREAS, in accordance with Section 1415 of the Tustin City code, the City
Manager has prepared and submitted to the City Council a Proposed Annual Budget for
the 2013-2014 fiscal year, beginning July 1, 2013; and
WHEREAS, the Commissioner, as the legislative body of the Tustin Housing
Authority, has reviewed this proposed budget;
NOW, THEREFORE, the Commissioner of the Tustin Housing Authority 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 2013-2014".
Said document, as prepared by the City Manager and reviewed and adjusted by the
Commissioner, is hereby adopted for the fiscal year commencing July 1, 2013;
SECTION 2. The following sums of money are hereby appropriated from the
anticipated revenues of the Tustin Housing Authority for the 2013-2014 fiscal year.
TUSTIN HOUSING AUTHORITY
Personnel
Operational Costs
$ 155,300
55,500
TOTAL HOUSING AUTHORTY COSTS $ 265,800
Tustin Housing Authority Resolution 13-01
Page 1 of 2
PASSED AND ADOPTED at a regular meeting of the Tustin Housing Authority held on
the 18TH day of June, 2013.
ELWYN A. MURRAY,
Chairman
ATTEST:
JEFFREY C. PARKER,
Secretary
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN
1, Jeffrey C. Parker, Secretary of the Tustin Housing Authority of the City of Tustin,
California, do hereby certify that the whole number of the members of the
commissioners of the Tustin Housing Authority is five; that the above and foregoing
Tustin Housing Authority Resolution No. 13-01 was duly passed and adopted at a
regular meeting of the Tustin Housing Authority, held on the 18TH day of June, 2013, by
the following vote:
COMMISIONERS AYES:
COMMISIONERS NOES:
COMMISIONERS ABSTAINED:
COMMISIONERS ABSENT:
JEFFREY C. PARKER,
Secretary
Tustin Housing Authority Resolution 13-01
Page 2 of 2