HomeMy WebLinkAboutResolution - 3938Resolution No. 3938
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STATE OF CALIFORNIA ) RESOLUTION NO. 3938
COUNTY OF RIVERSIDE ) ss
CITY OF SAN JACINTO )
RESOLUTION OF THE CITY OF SAN JACINTO,
CALIFORNIA, ADOPTING A BUDGET FOR FISCAL YEAR
2022-2023
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
2022-2023 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 2022-2023, a copy of which will be
on file in the City Clerk’s Office, is hereby adopted with
projected beginning (combined) fund balances of
$66,078,141, total expenditures (excluding capital transfers
out) of $115,139,837, including total capital expenditures of
$38,713,703, to be funded by revenues (excluding capital
transfers in) of $109,008,767, and the use of available fund
balance of $6,131,070. (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 2022-2023 Adopted Budget.
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Resolution No. 3938
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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 $4,833,140 (net of
projected $1,050,246 advance to the Public Safety CFD
#2003-1 fund); and a Capital Projects Reserve of
($1,183,947) (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, 2021 a,t $37,163,703.
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Resolution No. 3938
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APPROVED, SIGNED, and ADOPTED this 21st day of June 2022 by the
following vote:
AYES: Heath, Hawkins, Ruiz
NAYS: None
ABSENT: Ayala, Ledezma
ABSTAIN: None
CITY OF SAN JACINTO:
_____________________________
Crystal Ruiz, Mayor
ATTEST:
___________________________________
Julia Espinoza, City Clerk
APPROVED AS TO FORM:
Best, Best & Krieger, LLP.
___________________________________
Michael J. Maurer, City Attorney
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Resolution No. 3938
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CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE )ss
CITY OF SAN JACINTO )
I, Julia Espinoza, City Clerk of the City of San Jacinto, do hereby certify that the
foregoing Resolution No. 3938 was passed, approved, and adopted at the Regular
Meeting of the San Jacinto City Council held on the 21 st day of June 2022.
AYES: Heath, Hawkins, Ruiz
NAYS: None
ABSENT: Ayala, Ledezma
ABSTAIN: None
WITNESS MY HAND AND OFFICIAL SEAL this 21st day of June 2022.
_____________________________________
Julia Espinoza, City Clerk
City of San Jacinto
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