HomeMy WebLinkAbout01 ADOPT CITY BUDGET 09-05-95NO. 1
9-5-95
ATE:
AUGUS~ 28~ ~995
Inter-Corn
TO:
FROM:
SUBJECT:
WILLIAM A. HUSTON, CITY MANAGER
FINANCE DEPARTMENT
RESOLUTION NO. 95-74, ADOPTING THE CITY BUDGET AND WATER
ENTERPRISE BUDGET FOR THE FISCAL YEAR 1995-96.
RECOMMENDATION:
Adopt Resolution No. 95-74 appropriating the City's Governmental
Funds of $31,533,083; Special Revenue Funds, $8,282,511; and the
City's Water Enterprise Budget of $10,399,810.
FISCAL IMPACT:
The adoption of Resolution No. 95-74 will establish the anticipated
expenditures for the City of Tustin during fiscal 1995-96 at
$50,215,404. 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 1995-96 City of Tustin Program and Financial Plan was
presented to the City Council in July. The Council has conducted
two budget workshops to review the draft document. At the workshop
held August 21, the City Council directed staff to prepare a
Resolution for consideration of adoption at their September 5, 1995
meeting. There were no changes to the draft document. Resolution
95-74 reflects the budget as originally submitted.
Director of Finance
Attachment
RAN: Dh
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RESOLUTION 95-74
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 1995-96.
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 1995-96
fiscal year, beginning July 1, 1995; 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 1995-96". 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, 1995.
Section 2.
The following sums of money are hereby
appropriated from the anticipated revenues of
the City of Tustin for the 1995-96 fiscal
year.
GOVERNMENTAL FUNDS
General Fund
Capital Projects
Tustin Street Lighting Dist.
Tustin Landscape & Lighting Dist.
Equipment Replacement Fund
Risk Management Funds
TOTAL GOVERMENTAL FUNDS
24,983,938
4,768,225
280,000
398,000
374,920
728,000
$ 31,533,083
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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
67,000
780,000
163,000
230,615
191,189
3,650,200
1,120,032
2,080,475
$ 8,282,511
WATER ENTERPRISE
Operations/Debt Service
Capital Improvements
TOTAL APPROPRIATION WATER ENTERPRISE
$ 7,788,217
2,611,593
$ 10,399,810
PASSED AND ADOPTED at a regular meeting of the City of
Tustin, California, held on the 5th day of September, 1995.
ATTEST:
Jim Potts, Mayor
Valerie Crabill, Chief Deputy City Clerk
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