HomeMy WebLinkAboutCC Reso No 2018-084 Adopting Annual Budget 2018-19RESOLUTION NO. 2018-084
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,
CALIFORNIA, ADOPTING THE FY 2018-19 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 (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 (LEMC) Section 3.04.010 defines the fiscal year
for the City of Lake Elsinore (City) as extending from July 1s' of each year to and including June 301h
of the following year.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA,
DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
Section 1. The City Budget is hereby approved and adopted for the 2018-19 fiscal year and as
amended herein for the 2017-18 fiscal year as attached per Exhibit A to this Resolution.
Section 2. A copy of the City 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 Council must authorize transfers (appropriations) of funds from the Unreserved Fund
Balance and transfers between departmental budget accounts.
(d) The 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
Council in amounts up to project contingency established by the Council.
(f) Outstanding encumbrances shown on the City books at June 30, 2018, that are approved by
the City Manager, are hereby appropriated for such contracts or obligations for FY2018-19.
(g) The City Budget is hereby approved.
Section 4. This Resolution shall take effect from and after the date of its passage and adoption.
CC Reso. No. 2018-084
Page 2 of 2
Passed and Approved on this 12th day of June 2018.
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. 2018-084 was adopted by the City Council of the City of Lake Elsinore, California, at
the regular meeting of June 12, 2018, and that the same was adopted by the following vote:
AYES: Council Members Hickman, Magee, Tisdale; Mayor Pro -Tem Manos and Mayor Johnson
NOES: None
ABSENT: None
ABSTAIN: None
Susan M. Domen, MMC
City Clerk
CITY OF LAKE ELSINORE, CALIFORNIA
SUMMARY OF REVENUES, EXPENDITURES, AND CHANGE
IN FUND BALANCE
2018-19 PRELIMINARY ANNUAL OPERATING BUDGET
FY 17-18
FY 16-17
PROPOSED
FY 18-19
ACTUALS
CURRENT
FORECAST
$ Inc/(Dec)
% Inc/ (Dec)
Revenues:
Sales Tax $
9,745,714
$ 10,205,112
$ 10,538,030
$ 332,918
3.26°/%
Property Tax
7,033,142
7,593,732
7,904,450
310,718
4.09°/%
Franchise Tax
2,329,566
2,556,358
2,548,600
(7,758)
-0.30°/%
Building Permit Fee
2,119,709
2,343,250
1,720,720
(622,530)
-26.57%
Property Transfer Tax
375,262
337,486
350,000
12,514
3.71%
Transient Occupancy Tax
565,961
508,800
575,000
66,200
13.01°/%
Other Licenses & Permits
1,318,716
1,318,327
906,260
(412,067)
-31.26%
Intergovernmental
92,573
92,185
101,500
9,315
10.10°/%
Fees
2,735,270
4,403,752
4,408,500
4,748
0.11%
Fines and Forfeitures
653,023
773,598
488,100
(285,498)
-36.91%
Fire Service Tax Credit
2,599,314
2,683,134
2,909,580
226,446
8.44%
Investment Earnings
7,707
108,150
155,000
46,850
43.32%
Reimbursements and Other
5,705,977
4,158,251
5,492,706
1,334,455
32.09%
Special Assessments
3,513,535
3,982,539
4,142,400
159,861
4.01%
Traffic Safety, Offender Enf.
260,778
533,870
491,880
(41,990)
-7.87%
Reimbursements for Street Prog.
950,435
1,798,500
800,000
(998,500)
-55.52%
Total Revenues
40,006,682
43,397,044
43,532,726
135,682
0.31%
Expenditures by Department:
General Government:
City Council
232,226
227,299
$ 230,910
$ 3,611
1.59%
Community Support
33,484
92,900
47,500
(45,400)
-48.87%
City Treasurer
-
-
-
-
0.00%
City Clerk
528,511
653,590
650,500
(3,090)
-0.47%
City Attorney
587,649
500,000
498,020
(1,980)
-0.40%
City Manager
789,166
901,293
968,100
66,807
7.41%
Administrative Services
Finance
1,433,928
1,518,371
1,552,900
34,529
2.27%
Human Resources
257,865
447,149
477,840
30,691
6.86%
Public Safety:
Police Services
11,705,026
13,010,246
14,112,770
1,102,524
8.47%
Fire Services
7,938,614
7,900,281
7,650,940
(249,341)
-3.16%
Animal Services
807,243
836,640
655,410
(181,230)
-21.66°/%
Community Development:
Planning
1,165,703
1,122,113
1,086,550
(35,563)
-3.17°/%
Building & Safety
1,459,221
1,940,266
1,848,320
(91,946)
-4.74%
Code Enforcement
764,065
962,062
1,292,340
330,278
34.33%
Economic Development
443,952
278,043
291,500
13,457
4.84%
Fire Prevention/Weed Abatement
300,448
754,949
790,460
35,511
4.70%
Public Services:
Engineering
1,919,098
2,062,723
2,183,820
121,097
5.87%
Public Works
2,286,318
2,453,025
2,600,650
147,625
6.02%
Park Maintenance
1,913,141
2,215,420
2,453,750
238,330
10.76%
Lake Maintenance
1,149,644
1,265,440
1,227,080
(38,360)
-3.03%
Community Services:
Community Services
827,835
674,866
695,630
20,764
3.08%
Recreation
585,929
1,134,387
1,493,700
359,313
31.67%
Senior Center
155,906
264,079
435,210
171,131
64.80%
Campground
427,642
527,777
-
(527,777)
-100.00%
Non -Departmental - Operating
2,970,771
2,658,637
1,934,670
(723,967)
-27.23%
Total Expenditures
40,683,385
44,401,555
45,178,570
777,014
1.75%
Excess of Revenues Over
(Under) Expenditures
(676,703)
(1,004,511)
(1,645,844)
(641,332)
Operating Transfers:
Operating Transfers In
2,193,813
190,001
(190,001)
Operating Transfers out
(1,113,319)
(532,498)
(542,600)
(10,102)
Excess of Revenues Over
(Under) Expenditures & Op
Transfers In/(Out)
403,791
(1,347,008)
(2,188,444)
(841,435)
Fund Balance, Beg. of Year
12,394,909
12,798,700
11,451,692
Fund Balance, End of Year $
12,798,700
$ 11,451,692
$ 9,263,248
CITY OF LAKE ELSINORE, CALIFORNIA
[� SUMMARY OF REVENUES, EXPENDITURES, AND CHANGE IN FUND BALANCE
2018-19 PRELIMINARY ANNUAL OPERATING BUDGET
Detail of Fund Balance
Nonspendable:
Deposits and prepaid items
Loans Receivable
Assigned
Uncertainty reserve (17.5%)
Unassigned
Unallocated reserve
Total Fund Balance (net)
FY 17-18
FY 16.17 PROPOSED FY 18-19
ACTUALS CURRENT FORECAST $ Inc/(Dec) % Inc/ (Dec)
29,015 $ 25,000 $ 25,000
1,000,000 1,000,000 1,000,000
7,314,423 7,863,459 8,001,205
4,455,262 2,563,233 237,043
$ 12,798,700 $ 11,451,692 $ 9,263,248