HomeMy WebLinkAbout12 APPROP'NG FUNDS 07-07-03AGENDA REPOR'T
Agenda Item
Reviewed:
City Manager
Finance Director
MEETING DATE: JULY 7, 2003
TO:
WILLIAM A. HUSTON, CITY MANAGER
FROM:
RONALD A. NAULT, FINANCE DIRECTOR
SUBJECT:
RESOLUTION NO. 03-86 APPROPRIATING FUNDS FOR VARIOUS CITY BUDGETS
FOR THE FISCAL YEAR 2003/2004
SUMMARY:
The City Council is requested to approve the attached Resolution adopting the budgets for the City, the
Water Enterprise and the Tustin Legacy Enterprise for Fiscal Year 2003~2004.
RECOMMENDATION:
Adopt Resolution No. 03-86 appropriating the City's Governmental Funds of $47,275,234; Special
Revenue Funds, $26,071,608; Water Enterprise Funds, $16,186,329; and Tustin Legacy Enterprise
Fund of $2,189,363.
FISCAL IMPACT:
The adoption of Resolution No. 03-86 will establish the anticipated expenditures for the City of Tustin
during fiscal 2003~2004 at $91,722,534. This Resolution does not include the Redevelopment Agency
Budget, which will be adopted separately.
DISCUSSION:
The Draft 2003/2004 City of Tustin Program and Financial Plan was presented to the City Council at
the budget workshop held on June 16, 2003. At the workshop the City Council reviewed key
elements of the proposed budget. They did not direct staff to make any changes to the Draft Budget
as presented.
R~na'~A. Nault
Finance Director
Keithf~ NevUs- - ' -
Senior Management Analyst
Attachment
BU DGET&CAFR: CityBudgetStaffRepod2003.doc
RESOLUTION 03-86
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 2003-2004.
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 2003-2004 fiscal year, beginning July 1, 2003; 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 Draft Budget 2003-2004".
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, 2003.
SECTION 2. The following sums of money are hereby appropriated from the
anticipated revenues of the City of Tustin for the 2003-2004 fiscal year.
GOVERNMENTAL FUNDS
General Fund
Capital Projects
Tustin Street Lighting District
Tustin Landscape & Lighting District
Equipment Replacement Fund
Risk Management Funds
34,715,234
9,391,652
417,000
500,600
1,030,000
1,220,748
TOTAL GOVERMENTAL FUNDS $ 47,275,234
Page 2
City Budget
SPECIAL REVENUEFUNDS
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
0
0
230,000
0
0
1,858,743
16,035,924
3,386,014
4,165,927
395,000
26,071,608
WATER ENTERPRISE
Operations/Debt Service
Capital Improvements
TOTAL APPROPRIATION WATER ENTERPRISE $
$ 9,786,429
6,399,900
16,186,329
TUSTIN LEGACY ENTERPRISE
Operations
TOTAL TUSTIN LEGACY ENTERPRISE
$ 2,189,363
$ 2,189,363
GRAND TOTAL $ 91,722,534
PASSED AND ADOPTED at a regular meeting of the City Council of the
City of Tustin, California, held on the 7th day of July, 2003.
ATTEST:
Tracy Wills Worley
Mayor
Pamela Stoker
City Clerk
CITY OF TUSTIN
RESOLUTION CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN )
RESOLUTION NO. 03-86
Pamela Stoker, City Clerk and ex-officio Clerk of the City Council of the City of Tustin,
California, does hereby certify that the whole number of the members of the City Council is
five; that the above and foregoing Resolution was duly and regularly passed and adopted
at a regular meeting of the City Council held on the 7th day of July, 2003, by the following
vote:
COUNCILMEMBER AYES:
COUNCILMEMBER NOES:
COUNCILMEMBER ABSTAINED:
COUNCILMEMBER ABSENT:
Pamela Stoker
City Clerk
BU DG:CityBudgetResolution03-86.doc