HomeMy WebLinkAboutResolution - 3816STATE OF CALIFORNIA RESOLUTION NO. 3816
COUNTY OF RIVERSIDE )ss
CITY OF SAN JACINTO
RESOLUTION OF THE CITY OF SAN JACINTO,
CALIFORNIA, ADOPTING A BUDGET FOR FISCAL YEAR
2020-2021
WHEREAS, the City of San Jacinto operates on a fiscal year calendar beginning
on July 1st 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
2020-2021 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, Housing Agency, Enterprise, and Successor
Agency 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 2020-2021, a copy of which will be on file
in the City Clerk's Office, is hereby adopted with projected beginning (combined) fund
balances of $51,770,174, total expenditures (excluding capital transfers out) of
$73,735,942, including total capital expenditures of $18,129,299, to be funded by
revenues (excluding capital transfers in) of $61,847,664, and the use of available fund
balance of $11,888,278. (Reference "Exhibit A")
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 2020-2021 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 $3,168,853 (net of projected $627,900
advance to the Public Safety CFD #2003-1 fund); and a Capital Projects Reserve of
($364,415) (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, 2020 at $9,208,454.
following vote:
AYES: Kotyuk, Ruiz, Ledezma, Lopez, Utz
NAYS: None
ABSENT: None
ABSTAIN: None
tEspinoza, Records Clerk
to-f San Jacinto
APPROVED AS TO FORM:
City Attorney, City of San Jacinto
Best, Best & Krieger, LLP.
1, Julia Espinoza, Records Clerk of the City of San Jacinto, do hereby certify that
the foregoing Resolution No. 3816 was passed, approved, and adopted at the Regular
Meeting of the San Jacinto City Council held on the 16th day of June, 2020.
AYES:
NAYS:
WITNESS MY HAND AND OFFICIAL SEAL the 16th day of June, 2020-
J Espinoza, Records Clerk
City of San Jacinto