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HomeMy WebLinkAboutAGENDA REPORT 1994 0615 CC REG ITEM 11R30 9, y03) ITEM r/* �Q W CITY OF MOORPARK AGENDA REPORT TO: The Honorable City Council FROM: Richard Hare, Deputy City Mania r DATE: June 9, 1994 (CC Mtg. 6/15/94) SUBJECT: Consider Resolution 94 -_ Approving the Fiscal Year 1995 Annual Budget for the City of Moorpark, California. Staff is requesting Council action to adopt the attached resolution which establishes the annual budget for the City of Moorpark from July 1, 1994 through June 30, 1995. The budget has been prepared by the City Manager and his staff, reviewed by the Budget and Finance Committee (Mayor Lawrason/Councilmember Perez), and presented to the City Council for revision and an opportunity has been provided for public input on the budget. Revisions directed by the City Council have been made and incorporated in the final budget documer The budget itself is an estimate of revenues projected for the fiscal year and an authorization for expenditures within the stated funds. The impacts of estimated fund balances are also noted. Included in the budget is the staffing level authorize: d for each fund and department. The resolution notes the total budget for the City a, a whole. Exhibit "A" provides a summary by fund of the current year's beginning fund balance, revenues, expenditures and ending fund balance; as well as, the projected figures in the same categories for the new fiscal year. The current year's figures are unaudited estimates, and made prior to r ire closing of the year's financial transactions. Recommendation: Approve Resolution 94 Approving the Fiscal Fear 1995 Annual Budget for the City of Moorpark, California. C:\WPW1N60\CC.REP\13UDGET95. RES RESOLUTION NO.94- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK ADOPTING THE ANNUAL BUDGET FISCAL YEAR FROM JULY 1, 1994 THROUGH JUNE 30, 1995 (FY 95). WHEREAS, on June 8, 1994, the Annual Budget was submitted to the City Council for its review and consideration; and, WHEREAS, the City Council. has provided the opportunity for public testimony and conducted a detailed review of expenditure proposals; and, WHEREAS, as a result of review and analysis, expenditure proposals and revenue projections have been modified as needed. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES RESOLVE AS FOLLOWS: SECTION 1. The Annual Budget consisting of revenue projections of $9,314,215 for expenditures in the amount of $14,049,220 and interfund transfers in the amount of $67,170, which includes the modifications as sh<iwn on Exhibit "A" hereto, are approved. SECTION 2. The City Manager is authorized to approve appropriation transfers within individual funds as required, to provide efficient and economical +'.ity services. APPROVED AND ADOPTED, this day of June, 1994. Pau] W. Lawrason Jr, Mayor ATTEST: Lillian Hare, City Clerk C: \WPWIN60 \RESOLUTI \BUGET.WPD EXHIBIT A City Of Moorpark Date : 06/09/94 BUDGET SUMMARY BY FUND Time 12:12 PM FY's 1993/94 and 1994/95 ( note 1) ( note 2) ESTM'D. ESTM'D. Fund--------- - - - - -- 1994/95---------- - - - - - Fund BALANCE TRANS. TRANS. BALANCE 07/01/94 REVENUE EXPEND. IN OUT 06/30/95 FUND - - - - -- - - - - - -- - - - - - -- - - - - -- - - - - -- - - - - -- - -- ,3,237,253 5,012,229 4,893,971 380,303 178,489 -- - - - - -- -- - - - - -- -- - - - - -- - 3,617,556 5,012,229 5,072,460 23,554 59,000 51,101 1,093,088 565,841 1,379,075 2,216,014 1501000 1,424,750 0 203,470 1,013,222 354,474 0 174,260 151,760 154,413 37,930 300,000 300,000 83,376 45,000 41,000 9,610 371,202 371,202 473,912 7,600 6,000 696,200 18,000 7,800 294,292 27,000 9,360 179,326 464,375 626,987 6E ,000 55,000 1 437,951 505,122 .,n79,418 27,000 200,000 '-,614,819 250,000 2,570,000 40,696 1,400 93,372 ".,90o 9,500 0 0 150,996 1,032,983 1,258,150 113,483 5,000 9,953 0 3,355,511 1 67,170 134,644 -- -- - - - - -- -- - - - - -- 0 67,170 3,490,155 1 67,170 31,453 279,854 941,264 0 203,470 1,367,696 22,500 154,413 37,930 87,376 9,610 475,512 706,400 311,932 16,714 45,666 0 1.506,418 4,294,819 42,096 87,772 0 (74,171) (08,530 21,268,658 11,921,450 14,107,694 1,249,356 1,249,356 19,082,414 9,314,215 14,049,220 67,170 67,170 14,347,409 Includes $2,340,467 in Loans to Moorpark Redevelopment Agency Excludes $500,000 reserve for third party reimbursements (REVENUE 93 /94TRNS. FUND - -- FUND DESCRIPTION ------------ - - - - -- 077/0 /93 - - - - -- - - - - - -- EXPEND. - - - - - -- T NS I O - - - - -- - - - - -- 1 General (1) 3,649,538 5,122,862 5,446,601 43,800 132,346 Gann (Designated) 586,348 -- - - - - -- 29,521 -- - - - - -- 235,566 -- - - - - -- -- -- -- Total General Fund 4,235,886 5,152,383 5,682,167 - - - - - - - - -- 43,800 132,346 2 Traffic Safety 133,455 55,900 165,801 Gas Tax 2) 1,575,132 689,173 1,181,217 10,000 5 Park Improvement 31878,691 229,033 1,872,399 19,311 7 Community Center 1,847 1,847 8 Capital Projects Fund 203,470 11 Local Trans (STS) 206,910 1,829,912 1,023,600 12 Local Trans Trans) 0 786,975 786,975 13 State Trans Assistance 147,813 42,600 36,000 14 Federal Aid To Urban Systems 0 321,340 283,410 15 TDA Article 3 97,976 35,400 50,000 18 CDBG Entitlement 916U 394,145 394,145 20 Police Facilities 448,985 26,11 1,800 21 City Wide Traffic Mitiqation 436,796 259,404 4z Affordable Housing 424,504 58,288 188,500 23 AD 84 -2 315,355 360,048 496,077 Traffic Syster Ma, 3 prej, �,, � �G- ��,r 5 AD 85 -1 0 360,801 509,378 148,576 �6 TR /SPRING AOC 575,111 85,408 25,000 1,043,899 Z% LA Ave AOC 547,441 311,217 300,000 x,043,899 .8 C/G AOC 38,996 1,100 �1 Equip Replace 106,393 ?,900 0,000 �,n,c i� !?0c JJ Recreation 12,220 84,556 54,823 41,953 36 Land Conservation Act 6,000 6,000 41 Comm Development 585,940 547,427 982,371 43 Crossing Guard 94,313 25,201 6,031 ( note 1) ( note 2) ESTM'D. ESTM'D. Fund--------- - - - - -- 1994/95---------- - - - - - Fund BALANCE TRANS. TRANS. BALANCE 07/01/94 REVENUE EXPEND. IN OUT 06/30/95 FUND - - - - -- - - - - - -- - - - - - -- - - - - -- - - - - -- - - - - -- - -- ,3,237,253 5,012,229 4,893,971 380,303 178,489 -- - - - - -- -- - - - - -- -- - - - - -- - 3,617,556 5,012,229 5,072,460 23,554 59,000 51,101 1,093,088 565,841 1,379,075 2,216,014 1501000 1,424,750 0 203,470 1,013,222 354,474 0 174,260 151,760 154,413 37,930 300,000 300,000 83,376 45,000 41,000 9,610 371,202 371,202 473,912 7,600 6,000 696,200 18,000 7,800 294,292 27,000 9,360 179,326 464,375 626,987 6E ,000 55,000 1 437,951 505,122 .,n79,418 27,000 200,000 '-,614,819 250,000 2,570,000 40,696 1,400 93,372 ".,90o 9,500 0 0 150,996 1,032,983 1,258,150 113,483 5,000 9,953 0 3,355,511 1 67,170 134,644 -- -- - - - - -- -- - - - - -- 0 67,170 3,490,155 1 67,170 31,453 279,854 941,264 0 203,470 1,367,696 22,500 154,413 37,930 87,376 9,610 475,512 706,400 311,932 16,714 45,666 0 1.506,418 4,294,819 42,096 87,772 0 (74,171) (08,530 21,268,658 11,921,450 14,107,694 1,249,356 1,249,356 19,082,414 9,314,215 14,049,220 67,170 67,170 14,347,409 Includes $2,340,467 in Loans to Moorpark Redevelopment Agency Excludes $500,000 reserve for third party reimbursements