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HomeMy WebLinkAboutCC AG PKT 2011-06-13 #Q AGENDA STAFF REPORT DATE: June 13, 2011 TO: Honorable Mayor and City Council THRU: Jill R. Ingram, Acting City Manager FROM: Robbeyn Bird, Director of Administrative Services /City Treasurer SUBJECT: ADOPTION OF FISCAL YEAR 2011/12 BUDGET AND 5 -YEAR CAPITAL IMPROVEMENT PROGRAM AND ESTABLISH APPROPRIATIONS LIMIT FOR FISCAL YEAR 2011/12 SUMMARY OF REQUEST: That the City Council adopt Resolution No. 6146 adopting the Operating Budget, approving the 5 -Year Capital Improvement Program, and establishing the Appropriations Limit for Fiscal Year 2011/12 BACKGROUND AND ANALYSIS: The City Council held five (5) budget workshops in April and May to review and solicit public input on the Proposed Budget and 5 -Year Capital Improvement Program for Fiscal Year 2011/12. The proposed budget was prepared based on City Council goals and state and federal mandates with consideration given to preserving core services that the City provides to the businesses and residents of Seal Beach. Copies of the budget were made available to the public for purchase at the City Clerk's office and copies were distributed to the libraries for interested parties to review. Notice of the Public Hearing was published as required by law in the Sun Newspaper. At these meetings, the City Council directed staff to make modifications to the Proposed Budget and 5 -Year Capital Improvement Program based on community input and Council recommendations. Some of the more significant changes were as follows: Agenda Item Q Page 2 1. Addition of $100,000 for tree planting on Main Street. 2. Addition of $40,000 for the preparation of the Local Coastal Plan. 3. Deletion of $500,000 in the Vehicle Fund for replacement of the lifeguard boat. 4. Addition of $27,000 in the vehicle fund for repair of the existing lifeguard boat. 5. Hiring freeze for non - essential full -time positions through the re- distribution of workloads and job duties, and the elimination of two (2) part- time clerical positions. 6. Review of jail operations at mid -year review. 7. Analysis of tennis center operations. In addition, salaries and benefits were adjusted for the April Consumer Price Index (CPI) of 3.3 %. Previously, salaries and benefits had been calculated using a 3% CPI. The attached resolution approving the City's Operating Budget and 5 -Year Capital Improvement Program includes the following actions: 1. Adopts the Proposed Operating Budget and 5 -Year Capital Improvement Program as modified by the City Council at the budget workshops held in April and May. 2. Re- appropriates all encumbrances from Fiscal Year 2010/11 for continued use in 2011/12. 3. Authorizes the City Manager to make appropriation transfers within functions and programs as long as such transfers do not increase the adopted annual budget appropriations. 4. Establishes the Appropriations Limit for 2011/12 required under Article XIIIB of the State Constitution. Copies of the 2011/12 Budget and the 5 -year Capital Improvement Program are available in the local libraries and the City Clerk's Office for review. FINANCIAL IMPACT: For Fiscal Year 2011/12, the General Fund estimated revenues are projected to be $26,237,700 compared to operating appropriations and transfers out of $29,357,600 resulting in an estimated fund balance decrease of $3,119,900. Included in the appropriations of $29,357,600 is $3,327,000 for Capital Improvement projects. Therefore, the operating expenditures and transfers out are $26,030,600, which results in operating revenues exceeding operating expenditures by $207,100. Page 3 RECOMMENDATION: Staff recommends the City Council adopt Resolution No. 6146 adopting the Operating Budget, approving the 5 -Year Capital Improvement Program, and establishing the Appropriations Limit for Fiscal Year 2011/12 SUBMITTED BY: NOTED AND APPROVED: ( () rdirn Robbeyn ird, City Treasurer/ R. Ingram, Director of Administrative Services Acting City Manager RESOLUTION NUMBER 6146 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH CALIFORNIA, ADOPTING THE FISCAL YEAR 2011/12 OPERATING BUDGET, 5 -YEAR CAPITAL IMPROVEMENT PROGRAM, SETTING THE APPROPRIATION LIMIT FOR FISCAL YEAR 2011, AND AUTHORIZING APPROPRIATIONS BY FUND THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: Section 1 To adopt the Fiscal Year 2011/2012 Operating Budget and 5 -Year Capital Improvements Plan for the City of Seal Beach for the fiscal year commencing July 1, 2011 and ending June 30, 2012. Said budgets to control expenditures in the following amounts which reflect interfund transfers and charges: Appropriations by Fund FY 2010/12 General Fund $ 29,357,600 Street Lighting 201,500 Supplemental Law Enforcement Grant 100,000 Detention Facility 25,000 Asset Forfeiture - State 7,000 Air Quality Improvement Fund 30,800 Asset Forfeiture - Federal 100 Park Improvement 75,000 Water Operations Enterprise Fund 4,157,000 Water Capital Fund 521,600 Pension Obligation Bond 1,521,100 Fire Station Bond 612,900 Vehicle Replacement 322,800 Tidelands Fund 1,511,500 Gas Tax 402,000 Measure M 335,000 Sewer Operations 859,000 Sewer Capital 752,800 Capital Projects 8,816,200 Parking In Lieu 30,000 Community Development Block Grant 170,000 Police Grants 169,700 Traffic Relief 250,000 City Wide Grants 4,759,200 Ad94 -1 Redemption F 137,000 CFD Landscape 83,000 • CFD Heron Pointe 282,700 • CFD Pacific Gateway 531,500 • CFD Heron Pointe Admin 22,400 CFD Pacific Gateway Admin 70,300 Appropriations $ 56,114,700 Section 2 That all encumbrances from FY 2010/11 are re- appropriated for continued use in FY 2011/12. Section 3 That all capital project appropriation balances from FY 2010/11 are carried forward for use in FY 2011/12. Section 4 That the City Manager is hereby authorized to make appropriation transfers within and between functions and programs, in accordance with Fiscal Policy, as long as such transfers do not increase the adopted annual budget appropriations. Resolution Number 6146 Section 5 That for fiscal year ending June 30, 2012 the City of Seal Beach establishes an appropriations limit of $22,973,593, thereby demonstrating compliance with Article XIIIB of the State Constitution. PASSED, APPROVED AND ADOPTED by the City Council of the City of Seal Beach at a meeting hereof held on the 13th day of June , 2011 by the following vote: AYES: Councilmembers NOES: Councilmembers ABSENT: Councilmembers ABSTAIN: Councilmembers Mayor ATTEST: City Clerk STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } I, Linda Devine, City Clerk of Seal Beach, California, do hereby certify that the following resolution is the original copy of Resolution Number 6146 on file in the office of the City Clerk, passed, approved, and adopted by the City Council of the City of Seal Beach, at a regular meeting thereof held on the 13th day of June , 2011. City Clerk