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HomeMy WebLinkAboutCC RES 23-34Resolution 23-34 Page 1 of 4 RESOLUTION NO. 23-34 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADOPTING THE FIRST YEAR (FISCAL YEAR 2023-2024) OF THE 2023-2025 BIENNIAL BUDGET AND RELATED DOCUMENTS FOR FISCAL YEAR 2023-2024 WHEREAS, in accordance with Section 1415 of the Tustin City code, the City Manager has prepared and submitted to the City Council a Proposed Biennial Budget for the 2023-2025 fiscal years, beginning July 1, 2023; and WHEREAS, the City Council, as the legislative body of the City, has reviewed the proposed biennial 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 “Fiscal Years 2023-2025 Biennial Budget”. The said document, as prepared by the City Manager and reviewed by the City Council, is hereby adopted for the fiscal year commencing July 1, 2023; SECTION 2. The following sums of money are hereby appropriated from the anticipated revenues and available fund balances of the City of Tustin for the Fiscal Year 2023-2024. General Fund: City Council $ 86,800 City Clerk 893,130 City Attorney 969,150 City Manager 1,007,300 Economic Development 1,683,159 Finance 1,957,578 Human Resources 1,264,413 Community Development 4,692,400 Public Works 16,172,456 Police 33,718,338 Fire 10,623,700 Parks & Recreations 5,321,023 Non-Departmental 11,653,577 Total General Fund 90,043,024 GOVERNMENTAL FUNDS DocuSign Envelope ID: 0070CFCA-4D90-4C8A-B7BC-449B858DF2B0 __________________ Resolution 23-34 Page 2 of 4 SECTION 3. The Financial & Budget Policies as presented in the Fiscal Years 2023-2025 Biennial Budget are hereby adopted by the City Council. Special Revenue Funds American Rescue Plan Act (ARPA) 3,947,500 Cable PEG Fees 75,000 CDBG 749,455 Community Facilities Districts/Tax B 12,739,442 Gas Tax 4,529,249 Measure M2 4,708,423 RNSP Asset Forfeiture 210,000 Road Maint & Rehab Allocation 3,774,825 Solid Waste 416,174 Special Events 640,880 Supplemental Law Enforcement 183,059 Tustin Landscape & Lighting District 857,004 Tustin Street Lighting 724,546 Total Special Revenue Fund 33,555,557 Capital Projects Funds Backbone Fee 4,367,539 Capital Projects 9,033,496 CFD 06-1 Construction 6,540 Park Development 1,074,427 Proceeds of Land Sales 36,663,009 Total Capital Projects Fund 51,145,011 Internal Service Funds Equipment Replacement 2,396,426 Information Technology 4,390,646 Risk Management Funds (181,182,183) 3,542,400 Total Internal Service Fund 10,329,472 TOTAL GOVERNMENTAL FUNDS 185,073,064$ Operations/Debt Service $ 22,881,308 Capital Improvements 3,580,551 TOTAL WATER ENTERPRISE FUNDS $ 26,461,859 GRAND TOTAL $ 211,534,923 WATER ENTERPRISE FUNDS DocuSign Envelope ID: 0070CFCA-4D90-4C8A-B7BC-449B858DF2B0 Resolution 23-34 Page 3 of 4 SECTION 4. The City Manager, or designee, is hereby authorized to appropriate American Rescue Plan Act funds consistent with the spending plan outlined within the Fiscal Years 2023-2025 Budget. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the 20th day of June 2023. ________________________________ AUSTIN LUMBARD, Mayor ATTEST: _________________________________ ERICA YASUDA, City Clerk DocuSign Envelope ID: 0070CFCA-4D90-4C8A-B7BC-449B858DF2B0 __________________ Resolution 23-34 Page 4 of 4 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Erica Yasuda, 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. 23-34 was duly passed and adopted at a regular meeting of the Tustin City Council, held on the 20th day of June 2023, by the following vote: COUNCILMEMBER AYES: Lumbard, Clark, Gallagher, Gomez, Schnell (5) COUNCILMEMBER NOES: (0) COUNCILMEMBER ABSTAINED: (0) COUNCILMEMBER ABSENT: (0) COUNCILMEMBER RECUSED: (0) ____________________________ ERICA YASUDA, City Clerk DocuSign Envelope ID: 0070CFCA-4D90-4C8A-B7BC-449B858DF2B0