HomeMy WebLinkAbout04 CITY/WATER BUDGET 07-01-96AGENDA
NO. 4
7-1-96
DATE:
JUNE 26, 1996
lnter-Com
TO: WILLIAM A. HUSTON, CITY MANAGER
FROM: RONALD A. NAULT, FINANCE DIRECTOR
SUBJECT: RESOLUTION NO. 96-76 ADOPTING THE CITY BUDGET AND WATER
ENTERPRISE BUDGET FOR THE FISCAL YEAR 1996-97.
RECOMMENDATION:
Adopt Resolution No. 96-76 appropriating the City's Governmental
Funds of $36,093,985; Special Revenue Funds, $8,824,002; and the
City's Water Enterprise Budget of $15,488,389.
FISCAL IMPACT:
The adoption of Resolution No. 96-76 will establish the anticipated
expenditures for the City of Tustin during fiscal' 1996-97 at
$60,406,376. The adopting Resolution does not include the
assessment district expenditures which were adopted upon
establishment of the districts, nor does it include the RDA budget
which will be adopted separately by the Redevelopment Agency.
DISCUSSION:
The Draft 1996-97 City of Tustin Program and Financial Plan was
presented to the City Council in July. The Council has conducted
a budget workshop to review the draft document. Resolution 96-76
reflects the budget as originally submitted.
Finance Director
Attachment
RAN:ts
RES: BudgResl. Jun
RESOLUTION 96-?6
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 1996-97.
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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 1996-97
fiscal year, beginning July 1, 1996; 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 o'f Tustin Draft
Budget 1996-97". 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, 1996.
Section 2.
The following sums of money are hereby
appropriated from the anticipated revenues of
the City of Tustin for the 1996-97 fiscal
year.
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GOVERNMENTAL FUNDS
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General Fund
Capital Projects
Tustin Street Lighting Dist.
Tustin Landscape & Lighting Disto
Equipment Replacement Fund
Risk Management Funds
TOTAL GOVERMENTAL FUNDS
26,169,954
7,867,600
280,000
476,305
532,626
767,500
$ 36,093,9.85
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Page 2
city Budget
SPECIAL REVENUE FUNDS
AQMD
Asset Forfeiture
Public Safety AugmentatiOn
Marine Base Closure
Park Developement
Measure "M"
Gas Tax
CDBG/HCDA
TOTAL SPECIAL REVENUE FUNDS
17,000
933,000
175,000
721,619
2,053,030
2,395,456
738,000
1,790,897
$ 8,824,002
WATER ENTERPRISE
Operations/Debt Service
Capital Improvements
TOTAL APPROPRIATION WATER ENTERPRISE
$ 10,205,556
5,282,833
$ 15,488,389
PASSED AND ADOPTED at a regular meeting of the City of
Tustin, California, held on the 1st day of July, 1996.
Tracy Wills Worley
Mayor
ATTEST:
Pamela Stoker
City Clerk
RES: BudgRes2. Jun