HomeMy WebLinkAboutResolution - 3387 STATE OF CALIFORNIA ) RESOLUTION NO. 3387
COUNTY OF RIVERSIDE ) ss
CITY OF SAN JACINTO )
RESOLUTION OF THE CITY OF SAN JACINTO,
CALIFORNIA, ADOPTING A BUDGET FOR FISCAL YEAR
2011-2012
WHEREAS, the City of San Jacinto operates on a fiscal year calendar beginning
on July 15t of each year and ending on June 30`t' of the next year;
WHEREAS, the City of San Jacinto wishes to adopt a budget for the fiscal year
2011-2012 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 2011-2012, a copy of which is on file in the
City Clerk's Office, is hereby adopted with projected beginning (combined) fund
balances of $61,448,615, total expenditures (excluding capital transfers out) of
$74,159,706, including total capital expenditures of $29,839,034, to be funded by
revenues (excluding capital transfers in) of $45,726,403, and the use of available fund
balance of $28,433,303. (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 2011-2012 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% or $3,630,764 (net of projected $883,069 to fund an advance to the
Public Safety CFD 2003-1 fund); and a Capital Reserve of $8,692,824 (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, except in cases of
RDA funds, 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,tune 30, 2011 at $19,757,195.
PASSED, APPROVED and ADOPTED this 21 st day of June 2011 by the
following vote:
Ayes: Bartel, Di Memmo, Ledezma, Miller
Nays: None
Absent: Kotyuk
Abstain: None
City of San Jacinto
Scott Miller, Mayor
ATTEST:
Richard Miller, City Clerk
City of San Jacinto
APPROVED AS TO FORM:
BEST BEST & KRIEGER LLP
Jew?reyZ City Aftdrney