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HomeMy WebLinkAboutCC Reso No 2017-073 Annual Operating Budget FY 2017-073RESOLUTION NO. 2017 — 073 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ADOPTING THE FY 2017 -18 ANNUAL OPERATING BUDGET AND ESTABLISHING THE CONTROLS ON CHANGES IN THE APPROPRIATIONS Whereas, the City Council (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 (City) Municipal Code Section 3.04.010 defines the fiscal year for the City of Lake Elsinore as extending from July 1St 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 2017 -18 fiscal year as attached per Exhibit A to this Resolution. Section 2. A copy of the City of Lake Elsinore Operating Budget hereby adopted and certified by the City Clerk 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 at June 30, 2017, that are approved by the City Manager, are hereby appropriated for such contracts or obligations for FY2017 -18. g) The City of Lake Elsinore Annual Operating Budget is hereby approved. CC Reso. No. 2017 -073 Page 2 of 2 Section 4. This Resolution shall take effect immediately upon its adoption. Passed and Adopted on this 13th day of June, 2017. r. Robert E. Magee, jayor Attest: Susan M. Domen, MMC City Clerk STATE OF CALIFORNIA ) 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. 2017 -073 was adopted by the City Council of the City of Lake Elsinore, California, at the Regular meeting of June 13, 2017, and that the same was adopted by the following vote: AYES: Council Members Manos and Tisdale; Mayor Pro Tern Johnson and Mayor Magee NOES: None ABSENT: Council Member Hickman ABSTAIN: None f trsan . Domen, MMC City Clerk CITY OF LAKE ELSINORE, CALIFORNIA SUMMARY OF REVENUES, EXPENDITURES, AND CHANGE IN FUND BALANCE GENERAL FUND FY2017 -18 PROPOSED ANNUAL OPERATING BUDGET Variance Variance FY16 -17 FY 17 -18 Increase Increase FY15 -16 ACTUALS PROJECTED ADOPTED Decrease) Decrease) Revenues: Sales Tax 9,939,637 9,720,300 10,230,112 509,812 5.24% Property Tax 6,523,663 7,068,582 7,598,544 529,962 7.50°/% Franchise Tax 2,423,707 2,650,200 2,755,808 105,608 3.98% Building Permit Fee 1,953,331 2,275,000 2,343,250 68,250 3.00% Property Transfer Tax 327,367 327,656 337,486 9,830 3.00% Transient Occupancy Tax 487,423 480,000 508,800 28,800 6.00% Other Licenses & Permits 1,738,911 1,280,561 1,315,326 34,765 2.71% Intergovernmental 151,526 89,500 92,185 2,685 3.00% Fees, reimbursements, other 7,720,995 9,382,524 9,665,319 282,795 3.01% Fines and Forfeitures 546,861 555,600 561,668 6,068 1.09% Fire Service Tax Credit 2,288,085 2,478,981 2,583,134 104,153 4.20% Investment Earnings 231,526 105,000 108,150 3,150 3.00% Special Assessments 3,791,923 3,598,979 3,689,246 90,267 2.51% Traffic Safety, Offender & Enforce 564,024 734,510 723,665 10,845) 1.48% Reimbursements for Street Program 798,500 798,500 798,500 n/a Total Revenues 39,487,480 41,545,893 4:3,:111.192 1,765,299 4.25% Expenditures by Department General Government: City Council 306,828 233,864 227,299 6,565) 2.Bl% Community Support 33,534 89,200 92,900 3,700 4.15% City Treasurer n/a City Clerk 432,681 603,973 577,810 26,163) 4.33% City Attorney 587,691 500,000 500,000 n/a City Manager 592,447 758,121 901,293 143,172 18.89% Administrative Services Finance 1,355,936 1,736,024 1,518,371 217,653) 12.54% Human Resources 307,684 293,185 447,149 153,964 52.51% Public Safety: Police Services 11,462,439 12,431,410 13,010,246 578,836 4.66% Fire Services 6,913,288 7,597,637 7,900,281 302,644 3.98% Animal Services 804,184 839,200 836,640 2,560) 0.31% Community Development: Planning 1,176,424 1,243,418 1,214,828 28,590) 2.30% Building & Safety/Fire Prevention 1,361,712 1,722,026 2,602,499 880,473 51.13% Code Enforcement /Graffiti 624,055 745,926 962,062 216,136 28.98% Economic Development 373,533 440,896 278,043 162,853) 36.94% Public Services: Engineering Department 2,082,484 1,799,224 2,062,723 263,499 14.65% Public Works 1,741,231 2,567,218 2,186,487 380,731) 14.83% Park Maintenance 1,590,228 2,041,631 2,395,377 353,746 17.33% Lake Maintenance 1,498,080 1,376,069 1,554,841 178,772 12.99% Community Services: Recreation 692,706 926,806 674,866 251,940) 27.18% Community Center 610,588 929,773 1,134,387 204,614 22.01% Senior Center 246,965 301,844 264,079 37,765) 12.51% Campground 410,502 482,630 527,777 45,147 9.3S% Non - Departmental - Operating 2,801,932 2,698,592 2,658,638 39,954) 1.48% Total Expenditures 38,007,153 42,358,667 44,528,597 2,169,930 5.12% Excess of Revenues Over Under) Expenditures 1,480,327 812,774 1,217,405 404,631) 49.78% Operating Transfers: Operating Transfers In 80,885 416,739 335,854 415.22% Operating Transfers Out 1,056,361) 260,000) 532,498) 272,498) 104.81% 1,056,36 179,115) 115,759) 63,356 35.37% Excess of Revenues Over Under) Expenditures and Operating Transfersln /(Out) 423,966 991,889) 1,333,164) 341,2Za 34.41% Fund Balance, Beg. of Year 11.970,943 12,394,909 11,403,020 Fund Balance, Beg. of Year 12,394,909 $ 11,403,020 10,069.856 CITY OF LAKE ELSINORE, CALIFORNIA SUMMARY OF REVENUES, EXPENDITURES, AND CHANGE IN FUND BALANCE GENERALFUND FY2017 -18 PROPOSED ANNUAL OPERATING BUDGET Detail of fund Balance Nonspendable: Deposits and prepaid items $ 29,015 $ 25,000 $ 1,034,879 Due from Successor Agency Loans Receivable 1,000,000 1,000,000 1,000,000 Designated: Uncertainty reserve (17,5%) 6,836,115 7,458,267 7,885,692 Undesignated: Unallocated reserve 4,529,779 2,919,753 149,286 Total Fund Balance (net) $ 12,394,909 $ 11,403,020 $ 10,069,856 CITY OF LAKE ELSINORE, CALIFORNIA SUMMARY OF REVENUES, EXPENDITURES, AND CHANGE IN FUND BALANCE CITY WIDE ALL FUNDS SUMMARY - FY2017 -18 PROPOSED ANNUAL OPERATING BUDGET PROJECTED PROJECTED BEGINNING FUND NET TRANSFERS ENDING FUND FUND NAME BALANCE REVENUES APPROPRIATIONS IN /(OUT) BA16ANCE FY2017.18 Adapted Uperating Blid$et Fund:001 GENERAL FUND Fund: 101 SUPPLEMENTAL LAW ENF. (SL,ESF) Fund: 104 TRAFFIC OFFENDER FUND Fund: 106 AFFORDABLE HOUSING IN -LIEU Fund: 107 DEVELOPER AGREEMENT REVENUE Fund: 110 STATE GAS TAX FUND (OPER & CIP) Fund: 115 TRAFFIC SAFETY FUND Fund: 130 CITY -WIDE; LLMD FUND Fund: 135 LLMD NO. 1 Fund: 155 NPDES Fund: 300 INSURANCE SERVICES Fund: 305 INFORMATION SYSTEMS SERVICES Fund: 310 SUPORT SERVICES Fund: 315 FLEET SERVICES Fund: 315 FACILITIES SERVICES Fund: 342 CFD 2007 -5S RED KITE SERVICE AREA FUND Fund: 343 CFD 2006-2S VISCAYA SERVICES AREA FUND Fund: 344 CFD 2005 -2S ALBERHILL RANCH SERVICE Fund: 367 CFD 2006 -1 S SUMMERLY SERVICE AR1iA Fund: 373 CFD 2005 -SS WASSON CANYON SERVICE Fund: 650 CFD 2003 -'1S LAW, FIRE & PARAMEDIC SVCS Fund: 651 CFD 2006 -SS PARK, OPI..N SPACE & STORM Fund: 652 CFD 2007 -1S LAW, FIRE & PARAMEDIC SVCS Fund: 653 CFD 2009-1S PARK, OPEN SPACE & STREET Fund: 654 CFD 2003 -25 FIRE TAX SERVICE AREA FUND Fund: 655 CFD 2015 -1S SAFETY SERVICE AREA FUND Fund: 114 SB1186 CAS EDUCATION FUND Fund: 604 ENDOWMENI'TRUSTFUND Fund: CFD's /AD's /PFA /LERA SUBTOTALS FY2017 -10 Adopted 0piGSl Budget Fund: 105 GENERAL PROJECT'S (OPER & CIP) Fund: 111 TUMP CAPITAL PROJECT FUND Fund: 112 MEASURE W FUND Fund: 113 SB8.21 FUND Fund: 116 CITY HALL /P.W. DIF FUND Fund: 117 COMMUNITY CENTER DIF FUND Fund: 116 LAKE SIDE FACILITIES DIF FUND Fund: 119 ANIMAL SHELTER FACILITY DIF FUND Fund: 121 TOTAL ROAD IMPROVEMENT PRGM (TRIP) Fund: 140 GEOTHERMAL FUND Fund: 150 CDBG FUND Fund: 160 PEG GRANT FUND Find: 205 TRAFFIC IMPACT FEE FUND Fund: 211 STORM DRAIN CIP FUND Fund: 221 QUIMBY FUND Fetid: 231 LIBRARY CIP DIF FUND Fund: 232 FIRE PRO'I'F.C'I'ION DIF FUND Fund: 400 LE FINANCING AUTHORITY FUND Fund: 500 CAPITAL IMPROVEMENT PLAN FUND Fund: 510 SARDA AREA 1 FUND Fund: 520 SARDAAREA 2 FUND Fund: 530 SARDA AREA 3 FUND Fund: 540 SARDA DIAMOND STADIUM FUND Fund: 605 PUBLIC IMPROVEMENTS IN -LIEU FUND Fund: 606 AH2766 AIR POLLUTION REDUCTION FUND Fund: 608 TRUST DEPOSITS FUND Fetid: 6:27 SARDA HOUSING FUND Fund: 630 LAKE MAINTENANCE FUND Fund: 631 DESTRATIFICATION EQUIPMENT REPLACEMENT SUBTOTALS 11,403,020 $ 43,311,192 $ 44,528,597 $ 115,759) $ 10,069,856 100,000 100,000 124,836 124,836 1,302,001 435,740 12,800 124,739) 1,600,202 359,489 289,490 29.2,000) 356;979 910,715 1,733,220 2,643,935 499,035 499,035 1,422,370 1,942,641 520,271 460,817 518,117 530,344 12,227 460,H17 115,451 364,580 426,631 53,400 769,421 999,730 993,740 775,411 191,769 1,141,036 1,132,830 199,975 20,051 126,837 119,100 27,788 508,944 745,434 685,520 568,858 723,668 817,095 461,670 1,079,093 1,534 1,534 51,555 51,555 142,000 142,000 68 171,851 171,919 2,692 58,314 61,006 2,443,729 2,443,729 83,165 83,165 85,444 85,444 498,794 498,794 130,292 130,292 7,500 7,500 5,698 2,500 8,198 11,347 200 11,547 281,131,000 32,Hii4,1?41q 82,757,100 231,bli1,900 297,916,151 89.193.590 140,255,462 246.854,279 664,091 18,363 579,450 1,193,241 1,296,245 2,718 8,933,613 8,933,613 2,718 1,733,908 1,291,300 1,925,565 495,938) 603,705 749,015 749,015 1,363,151 190,000 1,500,000) 53,151 524,906 114,610 639,516) 679,325 161,242 161,300 824,267) 58,304 68,610 126,914 3,917,167 1,140 505,498 3,412,809) 20,712 140 100 20.752 378,466 330,357 330,357 378,466 5,854) 43,890 6,048 31,988 3,942,567 504,400 9,700 4,395,293) 41,974 758,3411 503,740 100,000 262,080) 9210,1100 192,011) 192,011 1,739,748 82,860 20,000 1,802,608) 150,120 100,000) 50,120 9,605,420 101,600 9,707,020) 3,798,191 7,213,980 7,755,179 20,964,390 24,221,38.2 8,882,992) 3,031,044 3,524,024 9,375,972) 346,386 3,855,197 3,360,986 840,597 1,300,000) 1,564,108 1,809 926 1,545,818) 3,909,789 690,211 4,600,000 782,466 33,700 161,015) 655,151 282,135 80,950 6,000 357,085) 1,500,000 1,500,000 42,249,180 130,000 480,000 41,899,180 559,028 1,501,000 1,600,000 460,028 232,093 150,000 380,000 2,093 67,167,234 31,687,201 36,691,761 62.,162,674 TOTALS $ 365,083,385 $ 120,880,791 $ 176,947,223 $ - $ 309,016,953