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HomeMy WebLinkAboutCC Reso No 2016-064 CC Reso Adopting Budget FY 2016-17RESOLUTION NO. 2016 -064 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ADOPTING THE FISCAL YEAR 2016 -17 ANNUAL OPERATING BUDGET AND ESTABLISHING THE CONTROLS ON CHANGES IN THE APPROPRIATIONS WHEREAS, the City Council has a policy of adopting an annual operating budget to plan expenditures and to match anticipated revenues available in various City accounts in order to make the most efficient use of the City's limited resources for each fiscal year; and, WHEREAS, the City of Lake Elsinore Municipal Code Section 3.04.010 defines the fiscal year for the City of Lake Elsinore as extending from July 1 It of each year to and including June 30th of the following year. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: SECTION 1. The City of Lake Elsinore Annual Operating Budget is hereby approved and adopted for the 2016 -17 FY as attached per Exhibit A to this resolution. SECTION 2. A copy of the City of Lake Elsinore Operating Budget is hereby adopted and certified by the City Clerk and shall be filed with the City Manager or a designated representative, and a further copy so certified shall be placed and shall remain on file in the Office of the City Clerk where it shall be available for inspection. Copies of the certified budgets shall be made available for the use of departments, offices and agencies of the City. SECTION 3. That the following controls are hereby placed on the use and transfer of budget appropriations: A. No expenditure of funds shall be made unless there is an unencumbered appropriation available to cover the expenditure. B. The Department Director may prepare a transfer of appropriations within departmental budget accounts, with the approval of the City Manager. C. The City Council must authorize transfers (appropriations) of funds from the Unreserved Fund Balance and transfers between departmental budget accounts. D. The City Council must authorize any changes to the Schedule of Authorized Positions. The City Manager may authorize the hiring of temporary or part -time staff as necessary within the limits imposed by the controls listed above. E. The City Manager may approve change orders on Public Works contracts approved by the City Council in amounts up to project contingency established by the City Council. F. Outstanding encumbrances shown on the City books on June 30, 2016, that are approved by the City Manager, are hereby appropriated for such contracts or obligations for FY 2016 -17. RESO. NO. 2016- 064 PAGE 2OF2 G. The City of Lake Elsinore Annual Operating Budget is hereby approved and amended for the FY 2016 -17. See attached Exhibit A to this resolution. SECTION 4. This Resolution shall take effect from and after the date of its passage and adoption. PASSED AND ADOPTED at a meeting of the City Council of the City of Lake Elsinore, California, on the 31St day of May, 2016. _ f It Brian Yisdale, Mayor ATTEST: Susan M. Domen, MMC City Clerk STATE OF CALIFORNIA City Attorney COUNTY OF RIVERSIDE ) ss. CITY OF LAKE ELSINORE ) I, Susan M. Domen, MMC, City Clerk of the City of Lake Elsinore, California, do hereby certify that Resolution No. 2016 -064 was adopted by the City Council of the City of Lake Elsinore, California, at the meeting of May 31, 2016, and that the same was adopted by the following vote: AYES: Council Members Hickman and Johnson, Mayor Pro Tern Magee, and Mayor Tisdale NOES: None ABSENT: Council Member Manos ABSTAIN: None Susan M. Domen, MMC City Clerk l'^7 SUMMARY OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE FY2016 -17 PROPOSED ANNUAL OPERATING BUDGET CITY OF LAKE ELSINORE, CALIFORNIA SUMMARY OF REVENUES, EXPENDITURES, AND CHANGE iN FUND BALANCE 2016 -17 PROPOSED ANNUAL OPERATING BUDGET Expenditures by Department: General Government: Citv Council FY 14 -15 FY 15 -16 FY 16 -17 $ Var % Var Community Support ACTUALS PROJECTED PROPOSED Inc /(Dec) Inc /(Dec) Revenues: - - - 0.00% Sales Tax $ 8,572,066 $ 10,026,860 $ 9,720,300 $ (:306,560) - 3 .06'%: Property Tax 6,221,584 6,555,512 7,068,582 513,070 7.83% Franchise Tax 2,389,413 2,410,000 2,712,101 302,101 12.54% Building Permit Fee 1,496,211, 1,850,000 2,000,000 150,000 8.11% Prop erty'I'ransfer Tax 292,324 275,000 302,656 27,656 10.06% Transient Occupancy Tax 451,490 288,750 330,000 41,250 14.291A Other Licenses & Permits 823,567 1,260,000 1,131,071 (128,929) - 10.23'% Intergovernmental 157,077 288,755 86,500 (202,255) - 70.04 % Fees 3,609,823 3,J 30,476 3,714,021 583,545 18,64% Fines and Forfeitures 566,983 493,500 510,450 16,950 3.43% Fire Service 'Fax Credit 2,193,315 2,288,085 2,478,981 190,896 8.34% investment Earnings 156,420 110,000 105,000 (5,000) - 4.55 %7 Reimbursements and Other 4,210,235 4,855,124 5,504,872 649,748 13.38% Special Assessments 3,636,515 3,189,219 3,278,871 89,652 2.81% Traffic Safety, Offender & Enforcement 569,291 696,000 705,500 9,500 1.36%) Reimbursements for Street Program 1,730,669 793,817 798,500 4,683 0.59% Total Revenues $ 37,076,983 $ 38,S11,098 $ 40,447,406 $ 1,936,308 5.0301 Expenditures by Department: General Government: Citv Council 276,871 307,878 302,364 (5,514) -1.79% Community Support - 77,010 89,200 12,190 15.830A City Treasurer - - - 0.00% City Clerk 391,313 492,908 603,973 111,065 22.53% City Attorney 431,103 525,000 500,000 (25,000) - 4.76 %, City Manager 461,453 522,030 758,121 236,091 45.23% Administrative Services Finance 1,035,529 1,631,257 1,736,024 104,767 6.42 %) Human Resources 236,463 379,829 293,185 (86,644) - 22.81% Public Safety: Police Services 10,830,422 11,712,034 12,431,410 719,376 6.14 %n Fire Services 7,190,361 7,011,329 7,597,637 586,308 8.36% Animal Services 788,635 814,820 839,200 24,380 2.99'Mb Community Development: Planning 930,492 1,223,070 1,243,418 20,348 1,66% Economic Development 204,559 484,848 357,896 (1.26,952) - 26.18 %u Building & Safety /Fire Prevention 1,057,782 1,384,680 1,526,526 141,846 10.24 %n Code Enforcement/Graffiti 556,456 695,659 745,926 50,267 7.23'%) Public Services: Engineering 1,838,447 2,090,423 1,799,224 (291,199) - 13.93% Public Works /Weed Abatement 1,436,557 1,722,111 2,467,669 745,558 43.29% Park Maintenance 1,394,701 1,536,342 2,041,631 505,289 32.89% Lake Maintenance 1,317,837 1,520,281 1,376,069 (144,212) - 9.490/;) Community Services: Recreation 714,603 815,613 926,806 111,193 13.63% Community Center 457,542 736,187 834,773 98,586 13.39% Senior Center 165,191 270,569 301,844 31,275 11.56% Campground 34,017 424,570 337,630 (86,940) - 20.48% Internal Service Funds 1,644,560 - - - 0.00 %u Non - Departmental - Operating 2,796,940 2,827,570 2,567,500 (260,070) -9.20% Total Expenditures 36,191,836 39,206,01.8 41,678,028 2,472,010 6.31% Excess of Revenues Over (Under) Expenditures 885,146 (694,920 (1,230,622) (335,702 ) 77.091A Operating Transfers: Opera tingTransfersIn - 80,8RS 80,885 100.00'% Operating Transfers out [186,489 (425,000 (260,0012_ 1.65,000 38.82% [186,489) (425,000) _ (179,115) 245,885 57.86% Excess of Revenues Over (Under) Expenditures and Operating Transfers In /(Out) 698,658 (1,119,920) (1,409,737) r (289,817) Fund Balance, Beg. of Year $ 11,312,641 $ 11,970,943 $ 11,702,906 Adjustment /1'ixpected Savings (40,356) 851,883 - Fund Balance, Beg. of Year (as restated) 11,970,943 $ 11,702,906 10,293,169