HomeMy WebLinkAboutCity Council Resolution 05-031RESOLUTION NO.OS-031
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF SARATOGA ADOPTING THE
FISCAL YEAR 2005-06 OPERATING BUDGET
WHEREAS, the City Council held a public hearing on the proposed operating budget for
fiscal year 2005-06 on May 4, 2005; and
WHEREAS, the City Council gave staff direction for revisions to the proposed operating
budget in preparation for the final adoption; and
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Sazatoga
that the fiscal yeaz 2005-06 Operating Budget is hereby adopted as shown on Attachment I,
attached hereto, and by reference made a part hereof.
AND BE IT FURTHER RESOLVED, that the Administrative Services Director is
directed to record these changes into the City's accounting records in accordance with
appropriate accounting practices.
The above and foregoing resolution was passed and adopted at a regular meeting of the Sazatoga
City Council held on the 18`h day of May 2005 by the following vote:
AYES: Councilmembers Aileen Kao, Ann Waltonsmith, Vice Mayor Norman Kline,
Mayor Kathleen King
NOES: Councilmember Nick Streit
ABSENT: None
ABSTAIN: None
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Kath een M. King, Mayor
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ATTACHMENTI
Summary -Source and Use of Funds
Estimate Plus Less Estimate
Fund Bal Plus Transfer Less Transfer Fund Bal
nu 7/01/2005 Revenue In Available Expense Out nn, 6/30/2006
General Fund:
Operating FY 2005-06 20,000 8,914,200 743,100 9,677,300 9,449,000 199,300 29,000
Economic Uncertainty 1,350,000 1,350,000 260,100 1,089,900
Designated for Operations 2,403,600 60,100 2,463,700 2,463,700
Designated for Theater CIP 42,900 23,700 66,600 66,600
Undesignated 475,300 475,300 475,300
General Fund Total 4,291 800 8 998,000 743 100 14,032 900 9 449,000 459,400 4,]24,500
Special Revenue Funds
SLESF -COPS - 100,000 100,000 100,000 0
Gas Tax Fund - 611,100 - 611,100 607,200 - 3,900
Landscape & Lighting 44,200 358,200 402,400 290,100 43,700 68,600
Development Services 182,400 2,227,900 2,410,300 1,951,600 364,300 94,400
Environmental Services 706,300 493,800 1,200,100 446,200 60,000 693,900
Developer Fees 99,900 2,500 102,400 - 102,400
CDBG -Grants - 217,500 217,500 202,500 15,000 -
Sharp Loan 92,000 2,300 94,300 - 94,300
Recreation - 952,700" 32,100 984,800 984,800 -
Teen Services - 54,600 42,200 96,800 96,800 -
Other Funds:
Park Development CIY 10,100 62,100 72,200 - - 72,200
Library CIP Expansion 859,300 28,900 888,200 75,000 813,200
Library Bond Debt 766,500 920,600 1,687,100 1,032,400 654,700
I,eonazd Road - 11,500 11,500 9,200 - 2,300
Community Access TV 73,600 1,800 75,400 15,000 60,400
Parking Dist it3 25,500 - 25,500 - 25,500
Saratoga Public Financing 171,300 - 171,300 - 171,300
Internal Service Funds:
Capital Equipment-Vehicles - 50,000 50,000 47,000 3,000
Capital Equipment -Computers 128,200 25,000 153,200 25,000 128,200
CIP Projects -Facilities - 50,000 50,000 50,000 -
Grand Total 7 451 100 IS 043 500 942 400 23 437 000 15,381,800 942,400 7,112,800