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HomeMy WebLinkAboutAGENDA REPORT 2002 0821 CC REG ITEM 10DTO: FROM: DATE: MOORPARK CITY COUNCIL AGENDA REPORT The Honorable City Council ITEM 10•D• CITY OF MOORPARK, CALIFORNIA City Council Meeting of S -fit -Da ACTION:A'Pd✓� .AA812hon Kenneth C. Gilbert, Director of Public Works August 5, 2002 (Council Meeting 8- 21 -02) SUBJECT: Adopt Resolution Approving the Funding of Consultant Services Required to Consider Formation of a New Citywide Lighting and Landscaping Assessment District [AD03 -1] BACKGROUND A. Prior Council Action In May of this year the City Council considered the approval of the Engineer's Report for the various Lighting and Landscaping Assessment Districts in the City. In June the City Council approved the assessment amounts. The staff reports accompanying those action discussed current and projected deficits in certain of the Funds for those services. With knowledge of these funding shortfalls, the City Council directed staff to initiate efforts necessary to consider the formation of a new Citywide Lighting and Landscaping Assessment District to provide the additional revenues required to fully fund these services. B. Projected Funding Shortfall The above mentioned funding shortfalls are summarized as follows: FY 01/02 Beginning FY01 /02 Fund Balance Revenue Expenses Proj. End. Bal. 2300: Lighting ($11,076.00) $217,132.00 $245,000.00 ($38,944.00) 2305: Zone 5 [L /S] ($13,596.00) $23,340.00 $38,241.00 ($28,497.00) 2307: Zone 7 ($260.00) $11,298.00 $14,104.00 ($3,066.00) 2309: Zone 9 ($7.00) $1,350.00 $2,200.00 ($857.00) Total ($24,939.00) $253,120.00 $299,545.00 ($71,364.00) AD03 -01 services 'v! •.: tsiar c. rvs New Assessment August 5, 2002 Page 2 FY 02/03 Fund District 2300: Lighting 2300: Landscaping 2303: Zone 3 2305: Zone 5 [US] 2306: Zone 6 2307: Zone 7 2309: Zone 9 2310: Zone 10 [US] Total C. Fund Transfers FY02 /03 Revenue Expenses Projected Deficit $215,762.00 $250,000.00 ($34,238.00) $160,398.00 $218,798.00 ($58,400.00) $3,179.00 $4,100.00 ($921.00) $23,340.00 $46,300.00 ($22,960.00) $924.00 $1,370.00 ($446.00) $11,298.00 $13,770.00 ($2,472.00) $1,350.00 $2,335.00 ($985.00) $194,880.00 $255,181.00 ($60,301.00) $611,131.00 $791,854.00 ($180,723.00) In order to rectify these funding shortfalls in the short -term, the City Council authorized a fund transfer to "zero out" the FY 01/02 deficits. That action is summarized as follows: To Be Transferred to: From From Fund Gas Tax Fund General Fund Total 2300: Street Lighting $40,000 $0 $40,000 2305: Zone 5 [US] $15,000 $15,000 $30,000 2307: Zone 7 $1,550 $1,550 $3,100 2309: Zone 9 $500 $500 $1,000 Total $57,050 $17,050 $74,100 The City Council also directed staff to prepare a Budget amendment in June of 2003 funding any year -end deficit in these Funds. The estimated scope of that future action is summarized as follows: To Be Transferred to: From Fund Gas Tax Fund 2300: Street Lighting 2300: Landscaping 2303: Zone 3 2305: Zone 5 [US] 2306: Zone 6 2307: Zone 7 2309: Zone 9 2310: Zone 10 $35,000 $30,000 $500 $11,500 $250 $1,250 $500 $30,500 Total $109,500 From General Fund $0 $30,000 $500 $11,500 $250 $1,250 $500 $30,500 $74,500 Total $35,000 $60,000 $1,000 $23,000 $500 $2,500 $1,000 $61,000 $184,000 AD03 -01 services '- New Assessment District August 5, 2002 Page 3 nTSCTTSSTnN A. Proposition 218 As previously discussed with the City Council, any new or increased assessment must be approved by a majority [by assessment amount] of the owners of the properties being assessed. Such approval is sought by means of a Mail Ballot sent to all of the affected property owners in the City. B. Supplemental District It is anticipated that, if approved and formed, this new District would be supplemental to the existing Citywide Assessment District [AD84 -2]. The revenues derived from AD84 -2 will remain unchanged, regardless of the results of the Mail Ballot for the proposed new District. C. Opinion Poll The success of a Mail Ballot is greatly improved if the uses proposed for the new assessment are supported by those to be assessed. It is best, therefore, to seek to determine which services and /or improvements would receive support, prior to preparation and distribution of the Mail Ballot. The experience of other cities has shown that conducting an opinion poll for this purpose, greatly improves the success rate for Mail Ballots. D. Estimated Assessment Enqineerinq Costs The estimated costs for the professional services required for this process are as follows: Opinion Poll $20,000 Mail Ballot / Engineer's Report $40,000 $60,000 E. Budget Amendment Attached is a Resolution amending the budget to fund these efforts. The recommended funding source is the General Fund, with a fund transfer to a new Fund [Fund 2317] created for the proposed new District. Should the Mail Ballot be successful and the new District be formed, all actual costs for assessment engineering would be reimbursed to the General Fund Reserve. AD03 -01 services New Assessment District August 5, 2002 Page 4 STAFF RECOMMENDATION Adopt Resolution No. 2002 approving an appropriation from the General Fund Reserve to fund the subject efforts. Attachment: Exhibit 1: Resolution AD03 -01 services Exhibit 1 RESOLUTION NO. 2002 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, REVISING THE FY02 /03 BUDGET AND APPROPRIATIONS TO FUND PROFESSIONAL SERVICES RELATED TO THE POSSIBLE FORMATION OF A NEW CITYWIDE LANDSCAPING AND LIGHTING ASSESSMENT DISTRICT [Fund 1000 and Fund 2317] WHEREAS, on June 5, 2002, the City Council adopted the Budget for Fiscal Year 2002/03; and WHEREAS, a staff report has been presented to the City Council requesting a budget increase in the aggregate amount of $60,000; and WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said budget amendment and its resultant impacts to the budget line item(s). NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a Budget amendment in the aggregate increase of $60,000, as more particularly described in Exhibit "A ", is hereby approved. SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this day of , 2002. Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk Attachment: Exhibit 'A': Appropriation and Budget Detail Resolution No. 2002 - Exhibit "A" BUDGET AMENDMENT FOR Formation of a New Citywide Assessment District [Fund 23171 APPROPRIATION Fund No. Fund Name Revised Budget ($) 1000 General Fund Reserve 60,000 FUND TRANSFER Account Number Current Budget ($) Amendment ($) Revised Budget ($) From: 01 60,000 60,000 1000.8900.0000.9820 0 60,000 60,000 To 2317.3720 01 60,000 60,000 DISTRIBUTION OF APPROPRIATIONS Account Number Curren Budget ($) Amendment ($) Revised Budget ($) 2317.8900.8901.9102 01 60,000 60,000 Approved as to form: " c V 4i MWY Vr. .Y�