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HomeMy WebLinkAbout17 ADOPTION OF THE FY 2014-15 BUDGETAgenda Item 17 AGENDA REPORT Revie City Mawed: nager Finance Director MEETING DATE: JUNE 17, 2014 TO: JEFFREY C. PARKER, CITY MANAGER FROM: PAMELA ARENDS -KING, FINANCE DIRECTOR / CITY TREASURER SUBJECT: RESOLUTION NO. 14-45, TUSTIN HOUSING AUTHORITY RESOLUTION NO., 14 -01 APPROPRIATING FUNDS FOR VARIOUS CITY AND HOUSING AUTHORITY BUDGETS FOR THE FISCAL YEAR 209412015, FISCAL AND BUDGET POLICY, AND RESOLUTION NO. 14- 49 SALARY SCHEDULE SUMMARY: The City CouncillCommissioners are requested to approve the attached Resolutions adopting the budgets for the City, Tustin Housing Authority, and the Water Enterprise for Fiscal Year 201412015. RECOMMENDATION: Adopt Resolution No. 14-45, adopting the City budget and appropriating from the anticipated revenues of the City for fiscal year 201412015, Governmental Funds, $77,387,100; Special Revenue Funds, $30,525,416; and the Water Enterprise Funds, $28 „523,690; 2. Adopt Tustin Housing Authority Resolution No. 14 -01, adopting the Housing Authority budget and appropriating from the anticipated revenues of the Authority for fiscal year 201412015, $366,400; 3. Adopt the Fiscal and Budget policy; and 4. Adopt Resolution No. 14-49, the City's salary schedule to be in compliance with the California Public Employees” Retirement System (CALPERS) regulation. FISCAL IMPACT: The adoption of Resolution No. 14-45 will establish the anticipated expenditures for the City of Tustin during fiscal year 2014/2015 at $136,436,206. This expenditure is greater City Council Agenda Report June 17, 2014 City Budget FY 2014115 Page 2 of 3 than the proposed fiscal year 2014/2015 budget of $123,964,108, as it includes capital outlays and debt service payments for the Water Enterprise Fund, increased capital expenditures for the Senior Center Generator ($500,000), and the transfer of $1 million to an Emergency Fund,. The adoption of Tustin Housing Authority Resolution No. 14 -01 will establish the anticipated expenditures for the Housing Authority during fiscal year 2014/2015 at $366,400. CORRELATION TO THE STRATEGIC PLAN The adoption of the fiscal year 2014/2015 annual budget and the Budget and Fiscal policy implements strategy number three (3) of Goal C. BACKGROUND: The Proposed 2014/2015 City of Tustin Program and Financial Plan was presented to the City Council at the Budget workshop held on June 3, 2014, At the workshop, the City Council reviewed key elements of the proposed budget. The City Council directed staff to fund the installation of an emergency generator at the Senior Center and establishment of an emergency fund. Additionally, the Council discussed paying off the California Public Employee Retirement System (CALPERS) Safety pool side fund of $4,561,298 (side fund amount as of June 30, 2014). Staff anticipates on returning to City Council during the summer with the details on the procedures and savings for paying off the side fund. Subsequent to the June 3, 2014 Budget workshop, staff changed the expenditures as follows to facilitate the changes that were directed by the City Council: • Increase of $1,000,000 in the General Fund (Fund 100) to transfer the funds to the newly established Emergency Fund (Fund 101) as a reserve to offset operational costs in case of a City Council declared emergency such as earthquake, flood, and fire; • Increase of $500,000 in the Land Held for Resale Fund (Fund 189) to transfer the funds to the Equipment Replacement Fund (Fund 184) to fund the installation of the new emergency generator at the Senior Center; and • Increase of $500,000 in the Equipment Replacement Fund (Fund 184) for the acquisition and installation of the emergency generator at the Senior Center. City Council Agenda Report June 17, 2014 City Budget FY 2014/15 Page 3 of 3 The proposed FY 2014/2015 budget for the General Fund had planned use of excess reserves 1 revenue carry-over of $835,200, with revenues of $50,563,400 and expenditures of $51,,398,600. The proposed FY 2014/2015 budget projected the General Fund Fund Balance to be $15,664,669 as of June 30, 2094, which represents 31.1% of General Fund expenditures. The General Fund Fund Balance meets the City Council's reserve policy of 20 %. The Budget and Fiscal Policy establishes policiies to guide the City through good and tough economic times. These policies further implement the strategy three of the strategic plan goal C to ensure that the City has long -term financial strength with adequate reserves and enhanced capacity to provide a sustainable level of City services. The Policy outlines the goals, objectives, and policies as it relates to the budget, financial reporting, general revenue management, user fee cost recovery, Water Enterprise Fund rates, appropriation limits, fund balance and reserves, and future developments. The Policy also outlines the purpose and use of the Emergency Fund; Land Proceeds Fund, and Special Capital Project Fund. The Audit Commission reviewed and approves the Budget and Fiscal Policy and further recommends that the City move toward a two -year budget. The process of establishing a two -year budget will be explored during the Fall Strategic Plan update. The salary schedule ensures that the City is in compliance with CALPERS regulation as it relates to having a publicly available pay schedule. The salary schedule has been updated to include a classification for the Assistant to the City Manager position. This position is not funded in the FY 2014/2015 budget. Pamela Arends -King Finance Director 1 City Treasurer Attachments Resolution No, 14-45 Tustin Housing Authority Resolution No. 14 -01 Budget and Fiscal Policy Resolution No. 14-49 - Salary Scheduler Sean Tran ' Administrative Services Manager ATTACHMENT I Resolution No. 14-45 RESOLUTION NO. 14-45 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 2014- 2015 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 2014 -2015 fiscal year, beginning July 1, 2014; 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 2014 - 2015 ". 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, 2014; SECTION 2. The following sums of money are hereby appropriated from the anticipated revenues of the City of Tustin for the 2014 -2015 fiscal year. GOVERNMENTAL FUNDS General Fund: • City Council $ 47,400 • City Clerk 430,400 • City Attorney 550,000 • City Manager 1,354,000 • Finance 1,120,600 • Human Resources 720,700 • Community Development 2,850,700 • Public Works 9,451,800 • Police 23,141,600 • Fire 6,565,200 • Parks & Recreations 3,103,600 • Non Departmental 2,062,600 _ Total General Fund Appropriations: $ 51,398,600 Capital Projects 4,820,000 Tustin Street Lighting 1,419,500 Tustin Landscape & Lighting District 732,700 Resolution 14-45 Page 1 of 4 Equipment Replacement Fund 3,083,000 Information Technology 1,510,000 Risk Management Funds 2,468,300 Backbone Fee Fund 1,750,000 Proceeds of Land Sale Fund 10,205,000 Obligation Reimb. From Succ. Agen. 0 TOTAL GOVERNMENTAL FUNDS $ 77,387,100 SPECIAL REVENUE FUNDS SCAQMD Fund $ 100,000 Asset Forfeiture 320,000 Supplemental Law Enforcement 98,500 CDBG 1,156,600 Measure MIM2 8,895,300 Gas Tax 2,644,660 Park Development 973,500 Reassessment District 95 -1 195 -2 191,700 Community Facilities Districts 16,145,156 TOTAL SPECIAL REVENUE FUNDS $ 30,525,416 WATER ENTERPRISE FUNDS Operations /Debt Service $ 17,200,192 Capital Improvements 485,000 Capital Outlay 10,838,498 TOTAL WATER ENTERPRISE FUNDS $ 28,523,690 GRAND TOTAL DO, _____ Resolution 14.45 Page 2 of 4 PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin,; California, held on the 17 TS day of June, 2014. ELWYN A. MURRAY, Mayor ATTEST; JEFFREY C. PARKER, City Cleric Resolution 14-45 Page 3of4 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN } I, 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. 14-45 was duly assed and adopted at a regular meeting of the Tustin City Council, held on the 17TH day of June, 2014, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: JEFFREY C. PARKER, City Clerk Resolution 14-45 Page 4 of 4 ATTACHMENT 2 Tustin Housing Authority Resolution No. 14 -01 TUSTIN HOUSING AUTHORITY RESOLUTION NO. 14 -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 2014 -2015 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 2014 -2015 fiscal year, beginning July 1, 2014; 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 2014 - 2015 ° "'. 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, 2014; SECTION 2. The following sums of money are hereby appropriated from the anticipated revenues of the Tustin Housing Authority for the 2014 -2015 fiscal year. TUSTIN HOUSING AUTHORITY Personnel Operational Costs $ 243,600 122.800 TOTAL HOUSING AUTHORTY COSTS $ 366,400 Tustin Housing Authority Resolution 14 -01 Page 1 of 2 PASSED AND ADOPTED at a regular meeting of the Tustin Housing Authority held on the 17TH day of June, 2014. ELWYN A. MURRAY, Chairman ATTEST: JEFFREY C. PARKER, Secretary STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, 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. 14 -01 was duly passed and adopted at a regular meeting of the Tustin Housing Authority, held on the 17TH day of June, 2014, by the following vote: COMMISIONERS AYES: COMMISIONERS NOES: COMMISIONERS ABSTAINED: COMMISIONERS ABSENT: JEFFREY C. PARKER, Secretary Tustin Housing Authority Resolution 14 -01 Page 2 of 2 ATTACHMENT 3 Budget and Fiscal Policy CITY OF TUSTIN, CALIFORNIA BUDGET AND FISCAL POLICY FINANCIAL PLAN PURPOSE AND ORGANIZATION A. PURPOSE One of the most basic functions of effective leadership is to establish policies to guide an organization through good times and challenging times. In addition, bond rating agencies give a higher score to communities with clear, established policies because measurable and enforceable policies lead to reduced investment risk. This policy reinforces the importance of long -range planning in managing the City's fiscal affairs and concentrates on developing and budgeting for the accomplishment of significant objectives. B. CORRELATION TO THE STRATEGIC PLAN This policy correlates to the City's strategic plan by implementing goal C, item number three to develop and communicate a comprehensive set of financial policies and their purpose to strengthen financial practices. C. BUDGET Following the City's historical experience, the City will use a one -year financial plan, with increased emphasis on long -range planning and effective program management. The City Council will conduct open budget workshops as necessary and adopt the budget at a noticed public meeting. Key objectives of the budget process: 1. Reinforce the importance of long -range planning in managing the City's fiscal affairs. 2. Concentrate on developing and budgeting for the accomplishment of significant objectives. 3. Create a pro - active budget that provides for stable operations and assures the City's long -term fiscal health. 4. Implement a two -year budget process by fiscal year -end 2016 in order to emphasize long -range planning and effective program management and reduce the amount of time and resources allocated to preparing annual budgets. Along with specific two -year budgets, prepare general overview budgets for the next three years, for a total of five years, updated annually. D. OPERATING CARRYOVER Operating program appropriations not spent during the fiscal year may be carried over for specific purposes into the subsequent fiscal year with the approval of the City Manager. E. MID -YEAR BUDGET REVIEWS The Council will formally review the City's fiscal condition, and amend appropriations if necessary, six Page 1 of 7 months after the beginning of each fiscal year. F. BALANCED BUDGET The City will maintain a structurally balanced budget over the period of the Financial Plan. This means that: 1. Recurring revenues should equal or exceed recurring expenditures, including debt service. 2. Ending fund balance (or working capital in the enterprise funds) must meet minimum policy levels. a) For the General Fund, this level has been established at 20% of operating expenditures. Only with the City Council declaring a financial emergency shall the reserves be lowered to fewer than 15 %. For the Water Enterprise Fund, this level has been established at 50% of operating expenditures. 3. Special Fund accounts must be established as follows. For financial reporting purposes, these accounts are all part of the General Fund: a) Emergency Fund — Minimum $1 million For use in a City Council declared emergency such as earthquake„ flood and fire. This fund would augment City operational costs until the City could seek reimbursement from either the state or federal government. b) Land Proceeds Fund — These funds would be derived from land sales primarily in the Tustin Legacy Project; however, these funds could be from any City owned property. The funds would be allocated to insure the infrastructure needs are met in the overall development of the Tustin Legacy Plan and to support the implementation of key elements of the City and Legacy project such as economic development opportunities and development of parks and recreational facilities throughout the City. Land proceeds from the Tustin Legacy Project area will be held in a separate account within this fund. Those funds will be dedicated for use only in the Legacy area, until such time that the City has secured adequate funds necessary to develop the Tustin Legacy backbone infrastructure and maintenance program. All other monies in the fund can be used throughout the City of Tustin. c) Special Capital Project Fund — The fund would provide for the financing of needed infrastructure where there is currently no dedicated funding source such as water funds or transportation funds. These General Fund expenditures would include: technology upgrades, building construction/upgrades and park enhancements. It is recommended that 25% of any fiscal year General Fund surplus be dedicated to this fund. Under this policy, it is allowable for total expenditures to exceed revenues in a given year; however, in this situation, beginning fund balance can only be used to fund capital improvement plan projects, or other "one- time" non - recurring expenditures. FINANCIAL REPORTING AND BUDGET ADMINISTRATION A. ANNUAL REPORTING - The City will prepare annual financial statements as follows: Page 2 of 7 1. In accordance with legal requirements, the City will contract for an annual audit by a qualified independent certified public accountant. The City will strive for an unqualified auditors' opinion. 2. The City will use generally accepted accounting principles in preparing its annual financial statements, and will strive to meet the requirements of the GFOA's Award for Excellence in Financial Reporting program. 3. The City will issue audited financial statements within 180 days after fiscal year -end. B. INTERIM REPORTING — The City provides on -line access to the financial management system to City Staff. Budget to actual comparisons are provided through display or reports and through budget controls set within the purchasing and accounts payable modules for each individual governmental fund for which an appropriated annual budget has been adopted. C. BUDGET ADMINISTRATION — As set forth in the City Charter, the Council may amend or supplement the budget at any time after its adoption by majority vote of the Council members. The City Manager has the authority to transfer appropriations within a particular fund between the various programs and/or departments. GENERAL REVENUE MANAGEMENT A. Diversified and Stable Base — The City will seek to maintain a diversified and stable revenue base to protect it from short-term fluctuations in any one revenue source. B. Long -Range Focus -- The City will emphasize and facilitate long -range financial planning. C. Current Revenues for Current Uses — The City will pay for all current expenditures with current revenues, avoiding procedures that balance current budgets by postponing needed expenditures, accruing future revenues, or rolling over short -term debt. D. Interfund Transfers and Loans — In order to achieve important public policy goals, the City has established various special revenue, capital project, debt service and enterprise funds to account for revenues whose use should be restricted to certain activities. Accordingly each fund exists as a separate financing entity from other funds, with its own revenue sources, expenditures and fund equity. Any transfers between funds for operating purposes are clearly set forth in the Financial PIan, and can only be made by the Finance Director in accordance with the adopted budget. These operating transfers, under which financial resources are transferred from one fund to another, are distinctly different from interfund borrowings, which are usually made for temporary cash flow reasons, and are not intended to result in a transfer of financial resources by the end of the fiscal year. In summary, interfund transfers result in a change in fund equity; interfund borrowings do not, as the intent is to repay the loan in the near term. From time -to -time, interfund borrowings may be appropriate; however, these are subject to the following criteria in ensuring that the fiduciary purpose of the fund is met: Page 3 of 7 1. The Finance Director is authorized to approve temporary interfund borrowings for cash flow purposes whenever the cash shortfall is expected to be resolved within 45 days. The most common use of interfund borrowing under this circumstance is for grant programs like the Community Development Block Grant, where costs are incurred before drawdowns are initiated and received. However, funds are typically received shortly after the request for funds has been made. 2. Any other interfund borrowings for cash flow or other purposes require case -by -case approval by the Council. 3. Any transfers between funds where reimbursement is not expected within one fiscal year shall not be recorded as interfund borrowings; they shall be recorded as interfund operating transfers that affect equity by moving financial resources from one fund to another. E. Overhead Charges — The City will record a transfer from the Water Enterprise Fund for the cost of providing the building and associated City services used by the water enterprise operation. The administrative expenses charged are calculated using a percentage. USER FEE COST RECOVERY GOALS A. Ongoing Review — Fees will be reviewed and updated on an ongoing basis to ensure that they keep pace with changes in the cast -of- living as well as changes in methods or levels of service delivery. In implementing this goal, a comprehensive analysis of City costs and fees should be made generally every 5 years, unless there is no reason to believe the costs of providing the service(s) associated with the fee have changed. Fees may be adjusted in the interim based on supplemental analysis whenever it appears that there have been significant changes in the method, level or cost of service delivery. Prior to approving new or increased fees, the City shall comply with all procedural requirements imposed by law, including without limitation, California Government Code §§ 66016 and 66018, Proposition 218, and Proposition 26. B. General Concepts Regarding the Use of User Fees — The following general concepts will be used in developing and implementing user fees: 1. User fees may not exceed the reasonable cost of providing the service. 2. User fees may be at a level of less than 100 percent recovery of full cost when deemed appropriate for the service. 3. Cost recovery goals should be based on the total cost of delivering the service, including direct costs, department administration costs and organization -wide support costs such as accounting, personnel, information technology, legal services, fleet maintenance and insurance. 4. In setting fees for use of City - controlled park, amusement, or recreational facilities, the City will consider fees charged for similar uses or services by other cities to determine appropriate "market rates" while considering that comparability of fees among different communities can vary as other communities may adopt varying cost recovery policies. Notwithstanding any of the foregoing, no fee for such purposes shall exceed the reasonable cost of the service provided. 5. Cost recovery levels will be set at individual department levels with a unified approach in determining cost recovery levels throughout the program. Page 4 of 7 C. User Fee Cost Recovery Levels — In setting user fees and cost recovery levels, the following factors will be considered: 1. Community -Wide Versus Special Benefit — The level of user fee cost recovery should consider the community -wide versus special service nature of the program or activity. The use of general- purpose revenues is appropriate for community -wide services, while user fees are appropriate for services that are of special benefit to easily identified individuals or groups. 2. Service Recipient Versus Service Driver — After considering community -wide versus special benefit of the service, the concept of service recipient versus service driver should also be considered. For example, it could be argued that the applicant is not the beneficiary of the City's development review efforts; the community is the primary beneficiary. However, the applicant is the driver of development review costs, and as such, cost recovery from the applicant is appropriate. 3. Effect of Pricing on the Demand for Services — The level of cost recovery and related pricing of services can significantly affect the demand and subsequent level of services provided. At full cost recovery, this has the specific advantage of ensuring that the City is providing services for which there is genuinely a market that is not overly - stimulated by artificially low prices. Conversely, high levels of cost recovery will negatively impact the delivery of services to lower income groups. This negative feature is especially pronounced, and works against public policy, if the services are specifically targeted to low income groups. 4. Feasibility of Collection and Recovery — Although it may be determined that a high level of cost recovery may be appropriate for specific services, it may be impractical or too costly to establish a system to identify and charge the user. Accordingly, the feasibility of assessing and collecting charges should also be considered in developing user fees, especially if significant program costs are intended to be financed from that source. WATER ENTERPRISE FUND RATES A. The City will set fees and rates at levels which fully cover the total direct and indirect costs, including operations, future capital outlay, and debt service. B. The City will review and adjust water fees and rate structures as required to ensure that they remain appropriate and equitable. Increases in costs due to higher production costs, purchased water, or power will be passed through to the customers in increased rates. APPROPRIATIONS LIMITATION A. The Council will annually adopt a resolution establishing the City's appropriations limit calculated in accordance with Article XIII -B of the Constitution of the State of California, Section 7900 of the State of California Government Code, and any other voter approved amendments or state legislation that affect the City's appropriations limit. B. The supporting documentation used in calculating the City's appropriations limit and projected Page 5 of 7 appropriations subject to the limit will be available for public and Council review at least 10 days before Council consideration of a resolution to adopt an appropriations limit. The Council will generally consider this resolution in connection with final approval of the budget. FUND BALANCE AND RESERVES A. Minimum Fund and Working Capital Balances — The City will maintain a minimum fund balance of at least 20% of operating expenditures in the General Fund and a minimum working capital balance of 50% of operating expenditures in the Water Enterprise Funds. This is considered the minimum level necessary to maintain the City's credit worthiness and to adequately provide for: 1. Economic uncertainties, local disasters, and other financial hardships or downturns in the local or national economy. 2. Contingencies for unseen operational or capital needs. 3. Cash flow requirements. B. Worker's Compensation — For the General Fund, the City will establish and maintain a Worker's Compensation Fund to provide for expenses related to Worker's Compensation claims for employees. The annual contribution to this fund will generally be based on a calculation using annual payroll expense multiplied by a factor based on claims experience. The contribution amounts are charged to the applicable City departments and transferred from the General Fund to the Worker's Compensation Fund. An actuarial analysis is performed every three years to aid as a benchmark in evaluating the reasonableness of the fund balance. The fund balance is reviewed annually during the budget process and any excess revenues are transferred to the Liability Fund or the Unemployment Compensation Fund. C. Liability — For the General Fund, the City will establish and maintain a Liability Fund to provide for expenses related to liability claims filed against the City. The annual contribution to this fund will generally be based on current claims activity and estimated claims incurred but not yet reported. D. Unemployment Compensation — For the General Fund, the City will establish and maintain an Unemployment Compensation Fund to provide for expenses related to unemployment claims filed by former employees. The annual contribution to this fund will generally consist of excess contributions from the Worker's Compensation Fund. E. Equipment Replacement — For the General Fund vehicles and equipment, the City will establish and maintain an Equipment Replacement Fund to provide for the timely replacement of vehicles and major equipment. The annual contribution to this fund will generally be based on the estimated life of the vehicle or equipment, its original purchase cost and, for vehicles, on -going fleet maintenance expenses. Each City department receives an equipment replacement charge, and the funds are transferred from the General Fund to the Equipment Replacement Fund. Page 6 of 7 F. Obligations Reimbursable from Successor Agency -- For the General Fund, the City will establish and maintain a Fund for Obligations that should be reimbursed by the Successor Agency to the Redevelopment Agency. In the event that the Successor Agency does not reimburse the City for these expenses, then the General Fund will provide funding. G. Proceeds from Land Held for Resale — For the General Fund, the City will establish and maintain a Fund for the Proceeds from the Sale of Land Held for Resale. These funds would be derived from land sales primarily in the Tustin Legacy Project; however, these funds could be from any City owned property. The funds would be allocated to insure the infrastructure needs are met in the overall development of the Tustin Legacy Plan and to support the implementation of key elements of the City and Legacy project such as economic development opportunities and development of parks and recreational facilities throughout the City. Land proceeds from the Tustin Legacy Project area will be held in a separate account within this fund. Those funds will be dedicated for use only in the Legacy area, until such time that the City has secured adequate funds necessary to develop the Tustin Legacy backbone infrastructure and maintenance program. All other monies in the fund can be used throughout the City of Tustin. H. Information Technology — For the General Fund, the City will establish and maintain a Fund for the Information Technology Division. These funds provide for research, planning, development, support and evaluation of Citywide technology systems, including data, voice, telephone systems, radio, and technology infrastructure. It provides maintenance for current hardware /software platforms in use by the City, updates and application support. Costs are allocated to the various departments based on computer count, as well as software and hardware needs, which in turn increase the projected expenditure for each department but doesn't change the net impact to the General Fund. FUTURE DEVELOPMENT A. Analysis will be performed to determine the on -going costs to maintain public services for future development, such as the Tustin Legacy Project. The analysis will include public safety services, police and fire protection, as well as maintenance of public streets, lights, water mains, etc. Revenue sources should be created and implemented at levels sufficient to ensure that future long -term maintenance costs will be adequately funded. Page 7 of 7 ATTACHMENT 4 Resolution No. 14-49 — Salary Schedule RESOLUTION NO. 14-49 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, AMENDING THE CLASSIFICATION AND COMPENSATION PLANS FOR THE CITY OF TUSTIN WHEREAS, the City Council of the City of Tustin, California (the "City ") has authorized and directed, under the provisions of the City's Personnel Rules, Resolution No. 10 -94, the preparation of a Classification and Compensation Plan for all employees in the City service; and WHEREAS, Resolution No. 10 -94 requires that amendments or revisions to the Classification and Compensation Plan be approved by resolution of the City Council; and WHEREAS, the City Council has periodically amended the Classification and Compensation Plans when appropriate; and WHEREAS, the City has determined the need to amend the Classification and Compensation Plans for the Fiscal Year 2014 -15 budget with the classifications and corresponding salary ranges listed in Appendix A and hereby incorporated by reference. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Tustin authorizes staff to implement the provisions of this Resolution and modify the City's Classification and Compensation Plans to reflect the changes approved in this Resolution. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin held on the 17th day of June 2014. ELWYN A. MURRAY Mayor ATTEST: JEFFREY C. PARKER City Clerk Resolution 14 -49 Page 1 of 3 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, 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. 14 -49 was duly passed and adopted at a regular meeting of the Tustin City Council, held on the 17�' day of June 2014, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: JEFFREY C. PARKER City Clerk Resolution 14 -49 Page 2of3 APPENDIX A — CITY OF TUSTIN SALARY SCHEDULE Resolution 1449 Page 3 of 3 2 H H W O V L W J O W 2 u } oc 5 a 1A to W W Q J d W aL M C a p .� H h O w O m H m H w 0 w 0 w 0 m H m H w 0 w 0 n 0 n 0 n O n G w O n O w O n O n O m O m a H H n 0 w 0 H r! N H m r! m rH m H 00 O C V! 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