The URL can be used to link to this page

Home My WebLink AboutRDA Res 71-12 1971-06-14 . . RESOLUTION NUMBER 71-12 1 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF SEAL BEACH ADOPTING THE 1971-72 FISCAL YEAR BUDGET. WHEREAS, The Executive Director-Secretary of the Redevelopment Agency of Seal Beach has prepared and presented to the Redevelop- ment Agency, a proposed budget for fiscal year 1971-721 and WHEREAS, Members of the Redevelopment Agency of Seal Beach have studied said proposed budget and have determined that the pro- posed budget reflects the policy established by the Redevelopment Agency 1 NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of Seal Beach that the proposed budget for fiscal year 1971-72 is hereby adopted. AYES: Members Barnes, Covington, Jackson, Lindstrom, Scheiblauer. None None NOES: ABSENT: ATTEST: ~~ "'-_ - i ~,(.VtA- Robert E. Myers Executive Dir tor-Secretary (:1 I I Ir~,~ {,-/l{-7! I ,:g" .LI8:IHx:!l 1-'1-'1-'1-'1-'1-'1-'1-'1-'1-' \0\0\0\0\0\0\0\0\0\0 -..J-...J-..J-..J............-...J-...J-..J-...J \o(Xl""''''U1","WI\>I-'O I I I I I I I I I I (X).....Joo"J-...J-....J.....t......-....I-..J...... O\o(Xl"'" "'U1 ","WI\>I-' I\> . I\> o o . 1\>1\>1\>1\>1\>1\>1\>1\>1-'1-' ","","","","","","","","","0 ","","","","","","","","1\>'" , - , - . - , , , . o o o 0000000000 0000000000 0000000000 K; CD 1IJ ':l t>:l I-3m ~~ CD. mlll CD 0< ::l CD I-':;:S r;: CD t>:l III lllOO I\> ~~ G1~~ U1 NNIVl\JIVl\JI\Jl\J1\J1V 0 U1U1U1U1U1U1U1U1U1U1 . . . . . . . . . . . CD ~ CDlll 0 0000000000 ::l ::l"Jlll 0 0000000000 m CDllll'il 1 0 0000000000 CD 1-'- '10)0 ~ ::l 1lI!2l(1 I-'1-3:Ii :Ii "Jllllll H l-'-l'iI l'iI III ::It:lt:l H I-' 1-3t>:l IlIl'i1l'i1 1-3 W WWI\>I\>I-' o III ::l<:<: ...., ......N......J 1\)....,] rt- Ol'ill'il Illi . : . . . . . 00' I-'.t" t" U1 U1U1U1U1U1 0 ::l00 0 00000 ;:1'(1 l.Q'O'O 0 00000 00 oo~~ o ::l I-'rt- ~!2l!2l I'f 1-31-3 III '0)0 '1111G1 (100 '< 0 ~ (Xl 1-'1-'1-'1-'1-' o CD [ij(1 0 U1U1U1U1U1W ;~ (10< I-' 1\>1\>1\>1\>1\>\0 1-3 . . . . . . . '1 '1 U1 U1U1U1U1U10 l-"lIJ 0 000000 0'l.Q 0 000000 so: (I) rt: ",,-'I;l o !'\ ::l 0 "-J. )00 ...., 1\>1\> I-' O~ \0 U1 00"'" U1 ","U1 01\> 1 '" 000U10"'00U1 . ::I . . . . . . . . . . 0 000000000 ~.:n 0 000000000 'tl 0 000000000 t:l1IJ CD 0 < (I) . I\> I\> tll I-' 1-'","1\> I-' I-'W\O'" III U1 U1"''''''(Xl'''.'''''W","W I-' . . . . . . CO. . . . III 0 0000U11000U1 ::l 0 00000 0000 0 0 00000 0000 (I) - , - , . .. ' ..' .,... . -' . ...... - ~ 1 I I "a" oLlaIHx:3: I>:l X p:: H tll H 1-,3 loi ~~~~~~~~~~~~~~~~~ """""""'" w~w~w~w~w~w~w~w~w o~o~o~o~o~o~o~o~o """',"""'" ~~~~~~~~~~~~~~~~~ ~~OOOO~~~~~~~~WWNN~ i:Il Ol ~ ~ ~ ~ ~ ~ ~ ~ n o~o~o~o~o~o~o~o~~ Ol o~o~o~o~o~o~o~o~~ ~ . . . . . I . . . . . . . . . . . OOOOOOOOOOOOOOOOW ~ ~ m . ~ ~~~~~~~~~~~~~~ ~ ~ N~N~N~N~N~N~N~~~O o ~~~~~~~~~~~~~~~~O ... ................................................. o o o W~W~W~W~W~W~W~N~O NOONOONOONOONOONOONOO~~O OOOOOOOOOOO~OOOOO ~oo 00 III WWNN~::l'tl ~ N ~ N ~Ul~"". .... -Ol1rt ~ ~ ~ ~ ~::r"".1ll o 0 0 0 00tJ'~ o 0 0 0 OO~ ~~'tl .....11 00 ::Iu. . 'tlUl 3 ~ u,Ol t';l Ol 11 X n III ~l.Q Ol Ol ::I llo :to::;: n ~ ,Q11 . Ol . m o o o 'tl g. ~ ..... n III ::10 ""lloOl III <: n Ol' ..... ~ ~ 0 ....' 'tl ~ . ....' . Ol m N N ~ . ~~~~~~~~~~~~~~~~N NNNNNNNNNNNNNNNN~ .. .. .. .. .. .. .. .. .. .. ... .. .. .. .. .. .. N N ~ ~ ~ tll ~ ~~~~~~~~~~~~NWOO~~ III ~ ~oo~~~oow~o~~~~oo~~ ~ ... .. . .. .. .. .. .. .. .. .. .. .. .. .. .. .. w o o~o~o~~~o~o~o~o~~ ::I o oooooooooooooooooooooo~o n o 00000000000000000 Ol o o o ~~~~~~~~~~~~~~~~O 00000000000000000 00000000000000000 ~ W ~ ~ o o 00 o ~ ~ ~ ~ ~ ~ ~ ~ ~ N N N N .. .. .. .. ~ ~ W N ~ . . . U1 o o U1 ~ U1 ~ 000 0 o 0 0 0 ~ 0 o 0 o 0 ~ ~ ~ . o o o ~~~~ 0000 U1 ~ U1 0000 0 ~ 0 .. .. .... .. .. .. 0000 0 0 0 0000 0 0 0 0000 0 0 0 N ~ . :to ff ..... ::I . If 'tl . ('l III m ::r ".l ~ ~ li:IlUl S'HI>:l Ill~~ ~i:Il '<:".ltll mi:llt';l ....,0;1:1 m~Q o Hli:lli:ll I>:ll>:l i:IlOO Olt';ll>:l n<:<: Oll>:ll>:l ....'t"t" 'tl 00 ~'tl'tl m~~ ~~~ o ....''tl:to mi:llGl tJ'01>:l ~c.,Z I1t';lO m('lO< 0l1-,3 a Ol ::I ~ m ... ... <1..", I :" . . 'I' I -' 4 '. , --- -'~- ':" ."I.....~--:. . - "~' . ....-.-.---- -. -...... _.-'~ '. .' SEAT" .~El}S:H R};:DEVE~!9P~lEin' AGENCY RIVERFRONT DJNELOPMEN'l' PROJECT --T97T=i2Fl---sc;-al Year--- -. - o BtJDGE'f Cor1~1BN~'ARY The proposed 1971-'/2 fiscal year budge!; is the first Redevelopment Agency hudget: which anticipates financing administration cOsts and new project costs totally from Redevelopment Agency revt'nues, Previous budgets have been financed ",ith funds advanced to the Agency from the City Qf ,Seal Beach, ~'he except ion is one payment 1. 0 the Seal Beach Inementar.y School District this year. I ! Prior to the 1970-71 fiscal year the Redevelopment .Agency rec;eivec1 no revemte from tax increments, During the 1970-71 fiscal y'ear the estimatpd revenue from tax€;'s is $106,000. 'rhe estimated cash balance in the Redcve,lop- ment Agency Revolving Fund as of June 30, 1971, is $85,000, Beginning with the 1971-72 ~iscal year, it is proposed that the Redevelopment: Agency will finance <.Ill ac'Jmini.strative .costs, payment,s to Seal Reach E1emen1:ary School District., cmd capital projects initiated th.,j,s year by the Agency, ~---. The projects previously obli'gatNl to be constructed by the Agency. and/or cit,y are budgeted in the city budget.' At the appropriate time the Redevelopwent Agency i.s obligatC'd t,o r.epay the city for their portion of the project cost.. 1'l1e two major capital projects proposed in this fi.scal year (1971-72) are: (1) sewerage project, and (2) acquisi- tion of the Pacific Railroad Right of Way. It has been cst.\blishecl by the Agency that these projects are priority and 'the proposed budget re~lects this policy, " -- ,.. - I.- ~ I , .' I, <, " ._ _..:=r.:__..... The sewerage project costs include engineering costs and reserve f9r payment of annexation fees. The acquisition costs for the Pacific Electric Railroad Right of \~ay antici- pate purchase \"ith annual payments over a period of year.fl. In addition, the city is applying.for federal funds equal to seventy-five per cent, (75%) of the acquisition cost of the Pacific Electric Railroad Right of Way. Obtaining federal fWlds "1~.J;t1 relieve the Redevelopment Agency and/or c~t,y of approximately $300,000 burden on 10c<>.1 revenlteS for this project. .\ I . \ \, ..~.. ,/'. , " 103 - " . - . ,-- --;.~.-=-.. '--- - : ~ ~ r ' I: I 18 14 15 16 1~ 18 19 20 21 22 23 24 25 26 27 ,I 28 29 30 31 32 38 ..)._ .J CITY Or- 'S.EAL BeACH, CALH'ORN1A 'ANHlJl>L [)lIllGllT SUMll",ARY 1, FUND 1--2' FUNCTION-Comon, t. 3. ACCOUNT --;':-OEP ARTM !'-NT Itedev. Aqency 63 [nvil'on, Devl'lop, 9900 - 5. 6, ACTU/"IL 7. ESTIMATF:O 8. CUilREN"r 9. PROPOSED 10, FJNf\L EXPENDITURl:::S Dwa:r.,!DITURES BUUC..ET ~ BUDG~I DUDGZr CLASSIFICATION 1969-70 1970-71 1970-71 1971-72 . PERSONAL SEIWICES - NON PEnSONAL EXPE.:NSE MAINTENANCE S: OPERATION - -- , C/,P1TAL 'OUTLAY - --- 1----;---. 'l'OTAL 14,87/f 112,289 22Z,OOO --- -I-. - - - - -- --.-- - - --- PERSONNEL QUOTA , REGULAR SEASONAL , -' .' , - ---- I , I T01~ PERSONNEL -' --, - --- i I - . ., COMMI!\fi"M,Y -. 1 Total 2 3 I\del: . 4 '-"Estimated Value of b at Asst'ssllient date 6 ' Assessed at 25% 7 '8 less: 9 '-Titipatcd Base A, V. pel: Assessor 10 11 12 Estimated Assessed Valuation through 6/30/70 $ 1,755,220 R (. 8 project 3/1/71 $ l,43J,3l5 ;'357 &~l 357,1)31 :::;;:"- ,-,:"...--- -:;::.:--- ~t~~_,_7.9-QJ $ 1 ,tf79 ,2(;1 ___.2~~~l $ . l.~~~:~=~ Net Assessed Valuation at 6/30/71 . Estimated .Tax Rate p~r $100 A,V, Estil:lated Property Tax P.cvenuc " .".... !oPllr-I(r.r:V.".r;,7 l09 , -- J..O_ ~ ,i-o_.~. CITY 01' SEAL Bi':ACI-I. CAL1FOflNI^ ANNUAl. l>UDGE'j' SUMMAlty \, I' 2. FUI~CTION'"'coml1l. & 13. ACCOUN'r ---- 1.,FUND 4. DEPARTMENT Redev, Agency 62 Environ. Develop::lent 9800 5, , 6. ACTUAL 7. ESTlMA1'ED B. ClIfmr:NT 9. PROPOSf:O 10. FINAL EXPE:.ND1TURCS EXPENDlTUilES BUOGET DUDGET EJUDGET CLASSIFICATION 1969-70 1970-71 1970..71 1971-72 PERSONAL SERVICES NON PERSONAL EXPE'l5E MA1NTEN^t~CE 1\ OPERATION - ,CAPITAL OUTLAY - - TOTAL _ _.l.rt~l Ii 36 13~ ?..!!.,~;Of)_ . - r , PERSONNEL QUOTA REGULI\R SEASONAL - TOTAJ P~R50NNEL - I , . ---- I' ., COMMliHTAIW 1 Expenditurcs fOl' Administration costs of the Agency are proposed to be pai.d, from tax 2 I'CVCI1lIl! received by thc Agency. The proposed cxpenditures include! cost of PCl'sopnel 5 ass; gm~d from the Ci ty Ilanager' 5 oHi ce, Fi nance Vepa l'tment. [ngi neel'i ng Deparfmcnt. 4 Planning Department and secretCil'ial. Administration costs also include Bounll'lembers s month ly expense all OI'lance. 6 " , ; I i I I i Ii " .0' 8 9 10 jJ ; 12 15 14 '5 16 ,., '8 19 20 21 22 23 24 25 26 .' ",1" 27 28 29 30 5J 32 33 -'- IofUlr~I(lU:V. J2.n .....:.. --- ~7"::-~==-_'. '. '. <" - 110 - . :.'; . . ~._~- . ,I I, 1 '. .' " .' ~I1'Y OF'SEAL. !lEACH ANI~UAL llUDGH'I PETAl!. ACCOtlN"( SUMMARY .' ----- I ~, FUNCTION 1, FUND Redevelop.Agency 62 Envi l'on. De 5, -- ... -- - --- _n.. __ 6, EXPI: (::LAS5,IFICA TION 19 ACCOUNTIN(i. 10 , Personal Services I TOTAL PERSONAL SERVICES 30 Equip, Rent a 1 50 General Office Expense 80 Hi~cell ancous Expense 'TOTAL 1I0il-pmSOl'lAL Ii TOTAL BUDGET .. .,", I ! II " , , - . ACCOUNT \4, DEPARTMENT 9800 ~ EsTIMATf.O 8. CURH.:::Nf 9. ~ROPOS'k:D 10, FINAL XPE:NDITlIRCS BUDGET . BUDGeT UUDc!.:f 1970-71 1970-71 --.JJW -72 27 ,134 25,000 27,134 25,000 700 - 500 - 8,000 4,500 9;2b1j 4-~5dO , . , 36,334 29,500 .. .. ._-- Cor~m. & 13 velcW__' AC.TUAL 7 NDITuru:s E 69-70 -- .. ~1- rrmSONNl!!. SUMM/,t~Y CURRENT 5. r~ROPciSi:D~' r-i"N^,__-. BUDGET ElUDG~T BUDGET 970-71 1971-72 ------~ 10,439 12,500 3,750 3,750 2,500 2,500 ~. - . 3. EMPl.OYEES , 4. ------ CUllr~~NT CIJllm:Nl i'h.QUES'I HECOM. 1. AC'l.U.'l. UUOGLf '- , - ---- -- '- '-. . - ,-- . .-. -- 1, foAl.AHY HANGE: NO. POSITION 1'JTLE ~ 2 II " 5 6 'I (1) II 9 (2) ~o Administration Finance Engtneering Planning Secrctari al 1,988 9,740 827 50:~ 15%' 15% 10% W% Payro 11 Burdell Board Salary TOT AI. PERSOil!\L SERV I CE 3,540 600 2l;r3f - ,25))00 (1) Individual elOploYt'e budgeted in City departJ11~nts . --, '--'-~: (2) Included in Administration CAI'ITAI.Ot\TI.AY \, AC.fLlAL J;XPENDITUIlE5 ~:-iiSiiMAT~D EXPEN~ITURES ____ ____. __. -0"- _~_......_ - l3.CtiimENT-[ji:iOGET.~---' 5. PROPOSED 6. FINAL UUi.JCi(T DUD3F.T -Ii: --, - PESCHlPTION ~ 2 3 4 5 II , 8 9 ]0 11 _. s.mIF~'1Cr.lV. '-G71 ~ _ __ .__....1L._. ~i __ ._._"_ _ h_..___._____. ...__ .. __". __..__... _ "'__. . .... & CI1Y OF SEAL ar::ACH. CAL.IFOHNIA ANNUA!. f!Ul~Gln' 'SUMMAfW '. r-j, FUND 63 ~UNCTiONCO:~m. 1. 3, '.CCOUIH f 4. DEPARTMENT Redevelop.Agency Environ. Development 9900 '-- 5. 6. ACl UAL 7. E:STlMA1E:D B. CURHCNT 9. Pr.:OPOSED 10. FINAL EXPE:NDITUUE:S EXf'ENDJiUHES BUDGET BUUGt:T DUPGEr CLASSIFICATION '1969.,70 1970-71 1970-71 1971-72 -- PERSONAL SERVICES NON PEnSONAL EXPENSE MAINTENANCE Be OPERATION " CAPITAL OLlTLAY TOT,.L 29,902 ~6,.?~4 _[.36,~3~ 197 '500 , - ,-, , -- , --. . PERr;ONNEL QUOTA " REGULAR 5EASON"i~ If" I-' - -- TO~~~::..___, - .. ---.. "I " COMMiU";TAnv I" 1 Resources 2 '---Cas-li-Resel've 7/1/71 8 Pl'Opcl'ty Tax Revenue 4 10TAL RESOURCeS 5 : ~ E_'9~E'n:!5_t_l!L~_~ 1 J\cfr.1i ni 5'irati ve expense repayable to GcnCl:a-1-.Fun,f. 8 I.ega'l' and miscellaneous expense P Payment to Seal Geach Elementclry School 10 Se\~erage Iniercep{J)l' li nc Project (Eng, C05tS) 11 Se\'/erage Interceptor Line Project (ResC'rve for Annex.Fee) 12 PacHi c [1 ectl'i c Ri ght of Hay Acq. Cos i 13 TOTAL EXPErlDITURES 14 15 Cash Resel've 6/30/72 1G 11 18 19 , 20 21 22 23 24 25 2G 2'/ .. 85,000 142,000 $ tl.)}~~Q: ----- ..-:::: .. 25,000 11,500 27.,500 40,000 100,000 35,000 ,- $ 22''-;-00a ~O- -- TOT ilL [XPENiHTUP.ES AN[) FUflD BALANCE $ 22X.~ Q.Q.Q. ----~- 1 28 29 80 31 32 33 I I 'I ~ 'i , " Jl :1 --------.------------ i ,I ._. _ c:J r.nllr.ICIlE:;,V'. ).t.G7 - )1? ..