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HomeMy WebLinkAboutCity Council Resolution 2151.1 RESOIUI~C~q 2151.1 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING ~ '.THE"-t984/8~ ~FISCKL~ BUDGET WHEREAS, the City Manager presented to the City Council a recommended operating and capital improvement budget for the 1984/85 fiscal year (Exhibit I) on May 2, 1984 and WHEREAS, the City Council has conducted public hearings to provide oppor- tunity for citizen comment; and WHEREAS, THE City Council has deliberated upon, and is making modifications to the recommendations made by the City Manager; NOW, THEREFORE, be it resolved that the City Council does hereby adopt the capital portion of the budget for the 1984/85 fiscal year as shown on the attached Exhibit "I" entitled "Preliminary Budget for the 1984/85 fiscal year" as modified by Exhibits "II" and "III" that are hereby approved and incorporated herein. Exhibit "I" - Preliminary Budget for the 1984-85 Fiscal Year Exhibit "II" - Recommended Changes to the Preliminary Capital Budget Exhibit "III"- Schedule of Transfers Passed and adopted this 20th day of June , 1984, by the following vote: AYES: Councilmembers Clevenger, Hlava, Foyles and Mayor Fanelli NOES: None ATTEST: Deputy City Clerk EXHIBIT I IS ON FTT.R AT THE CITY CT,RRK'S OFFICE. EXHIBIT II RECOMMENDED CHANGES TO THE PRELIMINARY CAPITAL IMPROVEMENT BUDGET FOR THE 1984/85 FISCAL YEAR Fund and Proposed Description Program Change Revenue Sharing decrease by To eliminate the project Civic Center $47,000 Parking~ Revenue Sharing increase by To improve the drainage around Civic Theatre $10,000 the Civic Center Theatre Draining Revenue Sharing decrease by To eliminate the project Community Center $20,000 Conference Room Revenue Sharing decrease by To eliminate the project HP150 $ 4~500 Microcomputer Revenue Sharing decrease by To eliminate the project Recording equipment $ 3~500 Revenue Sharing increase by To increase the project from Photocopy machines $ 2,000 one to two machines Gas Tax decrease by To reduce the program to a Annual Resurfacing $421,800 level not requiring a transfer from the general fund (Rev. 6-19-84) EXHIBIT III SCttEDULE OF FUND TRANSFERS FOR THE 1984/85 FISCAL YEAR The following is a list of all the approved transfers: $24,750 from the General Fund to the Traffic Safety fund to cover the appropriations in Traffic safety, $187,000 from the General Fund to the Local Drainage Facilities Fund to cover the appropiations for the drainage activities. $389,791 from the General Fund to the Capital Improvement Fund to establish funding for the future capital projects, (Rev. 6-19-84) SCHEDULE I - RESOURCES AND REQUIREMENTS BY FUND Estimated Available for Appropriation Estimated Transfers Transfers July 1~1984 Revenues In Out General Fund $ 2,467,819 $ 3~502,800 $ -0- $ 601,541 Special Revenue Funds Revenue Sharing 380,855 178,000 '0- Housing & Comm, Dev, 43,094 375,852 -O- Traffic Safety 17,340 70,000 24,750 '0- Gasoline Tax 271,689 447,053 -0- -0- Trans, Devel, Act, 10,816 -0- '0- Capital Projects Funds Replacement Revol, Fund 170,691 -0- -0- '0- Capital Improv, Proj, 392,575 20,000 389,791 Calabazas Storm Drn,Imp, 22,750 -0- -O- Local Drainage Facil, {71,751) 20~000 187,000 Special Assess,& Debt Fund Maintenance Assess,Dist, 42,248 40,626 -0- '0- Debt Service Funds Assess,Dist,Debt,Serv, 40,665 100,700 -0- '0- Water Improv,Debt,Serv, (950) -0- -0- -O- Library Debt Service 176 87~7.75 -0- '0- TOTAL ALL FUNDS p 3~788~017 $ 4~842~806 $ 601~541 $ 601~541 (Rev~ 6-19-84) i Estimated Available for Total Operating Capital Total Appropriations Resources Appropriations Appropriations Reserves Requiremmnts June 30~1985 $5,369,078 $3,187,793 $ 0 $181,285 $3,369,078 $2,000,000 558,855 155,724 156,600 312,324 246,531 418,946 185,352 190,300 375,652 43,294 112,090 112,083 112,083 7 718,742 233,966 484,700 718,666 76 10,816 -0- -0- -0- 10,816 170,691 -0- 30,200 30,200 140,49t 802,366 -0- 80,000 80,000 722,366 22,750 -0- -0- -0- 22,750 135,249 120,210 15,000 135,210 39 82,874 57,357 -0- 57,357 25,517 141,365 105,415 -0- 105,415 35,950 (950) -0- -0- -0- (950) 87~95~.. 87~775 -0- 87~775 176 ~8~630,82~.. .~..~245~675 $ 956~§.0~.. $181,285 $5~383,760 $3~247,063 (Rev. 6-19-84) ii