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HomeMy WebLinkAbout02 CITY BUDGET 99/00 07-19-99DATE' July 19, 1999 Inter-Com NO. 2 7-19-99 TO: FROM- SUBJECT: William A. Huston, City Manager Ronald A. Nault, Finance Director RESOLUTION NO. 99-54 ADOPTING THE CITY BUDGET AND WATER BUDGET FOR THE FISCAL YEAR 1999/2000. ENTERPRISE SUMMARY: The City Council is requested to approve the attached Resolution adopting the budgets for the City and the Water Enterprise for Fiscal Year 1999/2000. RECOMMENDATION: Adopt Resolution No. 99-54 appropriating the City's Governmental Funds of $36,853,567; Special Revenue Funds, $14,447,937; and the City's Water Enterprise BUdget of $17,751,371. FISCAL IMPACT: The adoption of Resolution No. 99-54 will establish the anticipated expenditures for the City of Tustin during fiscal 1999/2000 at $69,052,875. This Resolution does not include the Redevelopment Agency Budget, which will be adopted separately. DISCUSSION: The Draft 1999/2000 City of Tustin Program and Financial Plan was presented to the City Council at a budget workshop held on June 21, 1999. Resolution No. 99-54 reflects the budget as originally submitted. Ronatc~A. Nault Finance Director P, AN:ts Attachment ~JDG:CityBuclget1999StaffP. eport.doc 1 5 6 ? $ 9 10 11 12 13 li 15 16 17 19 20 21 25 26 RESOLUTION 99-54 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 1999-2000. WHEREAS, in accordance with Section 1415h of the Tustin City Code, the City Manager has prepared and submitted to the City Council a Proposed Annual Budget for the 1999-2000 fiscal year, beginning July 1, 1999; 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 on file in the office of the City Clerk of the City of Tustin, being marked and designated "City of Tustin Draft Budget 1999-2000". 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, 1999. ' Section 2. The following sums of money are hereby appropriated from the anticipated revenues of the City of Tustin for the 1999-2000 fiscal year. GOVERNMENTAL FUNDS General Fund Capital Projects Tustin Street Lighting District Tustin Landscape & Lighting District Equipment Replacement Fund Risk Management Funds 31,477,970 3,198,430 203,700 406,509 831,958 735,000 TOTAL GOVERMENTAL FUND 36,853,567 ! 2 3 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Page 2 City Budget SPECIAL REVENUE FUNDS SCAQMD Asset Forfeiture Public Safety Augmentation Supplemental Law Enforcement Marine Base Closure CDBG Measure "M" Gas Tax Park Development Reassessment District 95-1 TOTALSPECIAL REVENUE FUNDS 251 270 393 500 203,000 150,000 244,O0O 2,421,112 8,255,055 861,000 619,000 1,050,000 14,447,937 WATER ENTERPRISE Operations/Debt Service Capital Improvements TOTAL APPROPRIATION WATER ENTERPRISE $ $ 10,693,821 7,057,550 17,751,371 GRAND TOTAL $ 69,052,875 PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the 19th day of July, 1999. A'FI-EST: Tracy Wills Worley Mayor Pamela Stoker City Clerk