HomeMy WebLinkAboutCC RES 24-45DocuSign Envelope ID: 23DDF1C7-E4EF-4D43-92E8-855663C2B262
RESOLUTION NO. 24-45
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA,
ADOPTING THE SECOND YEAR UPDATE TO THE 2023-2025 BIENNIAL
BUDGET AND RELATED DOCUMENTS FOR FISCAL YEAR 2024-2025
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
Proposed 2nd Year Update FY 2024-2025". 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, 2024;
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
2024-2025.
GOVERNMENTALFUNDS
General Fund:
City Council $ 89,443
City Clerk 1,132,391
City Attorney 900,000
City Manager
981,425
Economic Development
2,217,151
Finance
2,024,599
Human Resources
1,550,012
Community Development
5,085,910
Public Works
17,552,619
Police
38,113,740
Fire
11,044,939
Parks & Recreations
6,005,385
Non -Departmental
11,730,887
Total General Fund
98,428,501
Resolution 24-45
Page 1 of 4
DocuSign Envelope ID: 23DDF1C7-E4EF-4D43-92E8-855663C2B262
Special Revenue Funds
American Rescue Plan Act (ARPA) 3,215,567
Cable PEG Fees 150,000
CDBG 904,234
Community Facilities Districts/Tax B 13,398,362
Gas Tax 4,270,498
Measure M2 1,189,029
PARS Pension and OPEB 80,000
Road Maint & Rehab Allocation
4,804,252
Solid Waste
521,660
Special Events
755,880
Supplemental Law Enforcement
237,101
Tustin Landscape & Lighting District
898,600
Tustin Street Lighting
1,772,457
Total Special Revenue Fund
32,197,640
Capital Projects Funds
Backbone Fee 10,288,171
Capital Projects 12,206,578
CFD 06-1 Construction 2,422
Park Development 7,284,980
Proceeds of Land Sales 74,768,082
Total Capital Projects Fund 104,550,233
Internal Service Funds
Equipment Replacement 2,980,932
Information Technology 5,017,601
Risk Management Funds (181,182,183) 6,617,600
Total Internal Service Fund 14,616,133
TOTAL GOVERNMENTAL FUNDS $ 249,792,507
WATER ENTERPRISE FUNDS
Operations/Debt Service $ 23,433,187
Capital Improvements 2,610,000
TOTAL WATER ENTERPRISE FUNDS $ 26,043,187
GRAND TOTAL $ 275,835.694
SECTION 3. The Financial & Budget Policies as presented in the Fiscal Year
2024-2025 Budget are hereby adopted by the City Council.
Resolution 24-45
Page 2 of 4
DocuSign Envelope ID: 23DDF1C7-E4EF-4D43-92E8-855663C2B262
PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin,
California, held on the 18t" day of June 2024.
ATTEST:
DS
DocuSigned by:
Ca (�a -u -
E RIeADN6.041 `AS1 DA,
City Clerk
APPROVED AS TO FORM:
—DocuSigned by
D)WI&4E6DKEN D I G,
City Attorney
DocuSigned by:
AUSTINDLEUMBARD,
Mayor
Resolution 24-45
Page 3 of 4
DocuSign Envelope ID: 23DDF1C7-E4EF-4D43-92E8-855663C2B262
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN )
I, Erica N. 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. 24-45
(Option B) was duly passed and adopted at a regular meeting of the Tustin City Council,
held on the 18t" day of June 2024, by the following vote:
COUNCILMEMBER AYES: Lumbard, Gallagher, Clark, Gomez, Schnell (5)
COUNCILMEMBER NOES: (0)
COUNCILMEMBER ABSTAINED: (0)
COUNCILMEMBER ABSENT: (0)
COUNCILMEMBER RECUSED: (0)
DS
DocuSigned by:
fvic&
UA'SVJA
ERDN6.04 " MJDA,
City Clerk
Resolution 24-45
Page 4 of 4