HomeMy WebLinkAboutResolution - 3470 STATE OF CALIFORNIA ) RESOLUTION NO. 3470
COUNTY OF RIVERSIDE ) ss
CITY OF SAN JACINTO )
RESOLUTION OF THE CITY OF SAN JACINTO, CALIFORNIA,
ADOPTING A BUDGET FOR FISCAL YEAR 2013-2014
WHEREAS, the City of San Jacinto operates on a fiscal year calendar beginning on
July 15t of each year and ending on June 30th of the next year;
WHEREAS, the City of San Jacinto wishes to adopt a budget for the fiscal year 2013-
2014 for expenditures based on estimated revenues and available fund balance reserves;
and
WHEREAS, City staff has presented an overall operating budget and capital budget
containing the General, Development Services, Special Revenue, Internal Service, Debt
Service, Capital Project, Enterprise, and Redevelopment Funds, to meet the needs of the
citizens of the City of San Jacinto; and
WHEREAS, the City Council has thoroughly examined and analyzed the proposed
budget in order to meet the needs of the citizens of the City of San Jacinto; and
NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of
San Jacinto as follows:
Section 1. The budget for Fiscal Year 2013-2014, a copy of which is on file in the City
Clerk's Office, is hereby adopted with projected beginning (combined) fund balances of
$56,406,919, total expenditures (excluding capital transfers out) of $66,229,941, including
total capital expenditures of $28,235,487, to be funded by revenues (excluding capital
transfers in) of $44,447,479, and the use of available fund balance of $21,782,462.
(Reference "Exhibit A")
Section 2. All funds are authorized as presented in the budget document.
Section 3. City Manager is hereby authorized to make budget adjustments to the
adopted budget to reallocate appropriations between departmental activities and between
City funds. Only the City Council, by motion and affirmative majority vote, through minute
action or resolution, may increase or decrease the total estimated revenues and total adopted
expenditures in the FY 2013-2014 Adopted Budget.
Section 4. Rescind any and all previous General Fund Reserve Designations and
designate General Fund Reserves as follows: Contingency Reserve set at a minimum of 15%
of General Fund Operating Expenditures or $2,625,320 (net of projected $1,034,917 to fund
an advance to the Public Safety CFD 2003-1 fund); and a Capital Reserve of $4,530,639
(based on the estimated beginning fund balances, original appropriations and estimated
revenues).
Section 5. General Fund administrative overhead consisting of costs from City
Council, City Manager, City Clerk, Human Resources, Finance, and Non-departmental
services shall be allocated to program cost centers, charged on a prorated basis to cost of
funding. In all cases where a Capital Project is financed by debt, no overhead cost allocation
will be made to debt funds. In addition, overhead allocation will be limited in the following
funds:
A. Gas Tax Fund - Not to exceed 5% of revenues
B. Measure A Fund - Not to exceed 5% of revenues
C. Air Quality Improvement Fund - Not to exceed 5% of revenues
D. COPS Grant Fund - Not to exceed 0.5% of revenues
Section 6. Internal Service Funds for information technology, general liability, worker's
compensation, and unemployment insurance will be allocated to funds based on:
A. Information Technology— percentage of desktop computers
in each department or program
B. General Liability— percentage of department or program cost
C. Worker's Compensation — percentage of payroll in each
department or program
D. Unemployment Insurance - percentage of payroll in each
department or program
Section 7. Continuing appropriations are authorized for all unexpended purchase
orders, as well as Capital Project Funds from all previous fiscal years as presented in the
Construction in Progress (CIP) Schedule of the budget. The estimated carryover of such
project costs for all City funds is estimated for June 30, 2013 at $24,264,842.
PASSED, APPROVED and ADOPTED this 18th day of June 2013 by the following
vote:
Ayes: Kotyuk, Ledezma, Miller, Ruiz, Bartel
Nays: None
Absent: None
Abstain: None
City of San Jacinto
Mark Bartel, Mayor
ATTEST: n
Ric and Miller, City Jerk
APPROVED AS TO FORM:
Je e . Ba ling , City Attorney
Best, Best & Krieger, LLP.