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HomeMy WebLinkAboutAGENDA REPORT 2007 0620 CC REG ITEM 09A n7EM q . A . CITY OF MOORPARK, City Council Meeting of 6 -ao-aoo� ACTION:C1d4 &Z, 111 , LAO . L 2& ,yL 2A Q4vtQ"zed, MOORPARK CITY COUNCIL By- AGENDA REPORT TO: Honorable City Council FROM: Johnny Ea, Finance Director DATE: June 7, 2007 (City Council Meeting of June 20, 2007) SUBJECT: Consider Resolution Adopting an Operating and Capital Improvements Budget for the City of Moorpark for the Fiscal Year 2007/2008. SUMMARY On May 16, 2007 the City Manager presented to the City Council his recommended Operating and Capital Improvement Budgets for the Fiscal Year 2007/2008. The Council held a public meeting to discuss the budget on May 23, 2007. State law requires adoption of a budget prior to June 30, 2007. DISCUSSION On May 23, 2007 the City Manager presented his proposed Operating and Capital Improvement Budgets for the City of Moorpark. During deliberation of the proposed budget, the City Council directed staff to make several changes to the budget. These include: City Council • Utilized General Fund (1000) instead of the Community Development Fund (2200) for Local Agency Formation Commission (LAFCO) in an amount of $7,500; • Increased conference & meeting allowance by $2,500 from the General Fund (1000); • Deleted Social Services account by $1,500 from the General Fund (1000); Administrative Services • Added $20,000 for contract file organization from the General Fund (1000); Honorable City Council June 20, 2007 Page 2 • As reported at the May 23, 2007 workshop, the budget includes $20,000 for a possible position upgrade. At this time, it's recommended that the Council approve the modification of the 3/4 time Secretary I position to a full time Secretary II position. City Attorney • Decreased Legal Services Retainer by $13,800 from the General Fund (1000); • Increased Legal Services — Non Retainer by $13,800 from the General Fund (1000); Community Development • Increased staffing costs by $20,000 from the Community Development Fund (2200); • Added transfer of $300,000 from the General Fund (1000) to the Community Development Fund (2200); Parks, Recreation & Community Services • Moved Coastal clean up event and activities in an amount of $300 (Fund 5001) from the Parks, Recreation & Community Services Department-Solid Waste Division to Public Works Department-NPDES Division (Fund 1000); • Deleted Facility Technician Vehicle by $25,000 (will be purchased by end of FY 06/07) from the General Fund (1000); • Deleted Park Ranger program by $40,000 from the Park Maintenance Fund (2400); Public Works • Added transfer of $150,000 from the General Fund (1000) to the Gas Tax Fund (2605). Public Safety • Decreased overtime budget amount by$20,565 from the General Fund (1000). • Deleted the DARE Officer position and replaced with a HSRO Deputy. There is no fiscal impact as the budget remains at $191,435 for the HSRO Deputy. • Deleted Dare program supplies by $10,000 from the General Fund (1000). Capital Improvement Projects • Deleted Tierra Rejada Road Medians capital project by $470,000 from the General Fund (1000). This project will be considered at a future date. • Deleted the proposed Parking Lot Gate and Lights at Monte Vista Park (Project Number 7809) in the amount of $25,000 from the Park Maintenance Fund (2400). The remaining $25,000 for this project from the Park Improvement Fund (2113) will be used for landscaping improvements. 0:11L 4 5 Honorable City Council June 20, 2007 Page 3 Other Changes (Per Honorable City Council action on June 6, 2007 meeting) • Added auto allowance ($2,400), cell phone allowance ($840) and cell phone purchase ($125) for a total of $3,365 from the Community Development Fund to coincide with the newly created Planning Director Position (promoted from Planning Manager). • Deleted the Landscape/Parks Maintenance Superintendent vehicle by $7,500 from the General Fund (1000) and $22,500 from the Park Maintenance Fund (2200) for a total of reduction $30,000 (will be purchased by the end of FY 06/07). Assessment District Changes • Since the May 23, 2007 budget workshop, Assessment District revenue projections have been updated to reflect the Assessment Engineer's projected levy amounts. The table below summarizes transfers to cover fund deficits for FY 06/07 as well as the next two fiscal years (transfers are made for actual deficits of the prior fiscal after the completion of the audit): Fiscal Year Aggregate Transfer From Transfer From Gas Deficit General Fund Tax Fund 2300: Lighting & 0 $125,951 Landscaping 2305 (*) Landscaping 4,839 4,839 Total FY 06/07 ( based on FY $135,629 $4,839 $130,790 05106 actual deficits 2300: Lighting & 0 $170,407 Landscaping 2305 (*) Landscaping 5,331 5,331 2310 (*****) Landscaping 10,657 10,656 $202,382 $15,988 $186,394 Total FY 07/08 (based on estimated FY 06/07 deficits 2300: Lighting & 0 $259,994 Landscaping 2305 (*) Landscaping 8,977 8,977 2307 (**) Landscaping 1,547 1,547 2308 (***) Landscaping 3,052 3,052 2309 (****) Landscaping 208 208 2310 (*****) Landscaping 25,745 25,744 Total FY 08/09 (Based on FY $339,050 $39,528 $299,522 07108 projected deficits Honorable City Council June 20, 2007 Page 4 Notes: (") District 5: Tierra Rejada Rd. Parkways: Peach Hill Rd. to SCE Easement. District 7: Parkway North Side of LA Ave., east of Gabbert Rd. (`**) District 8: Home Acres Buffer. District 9: Parkway at Condor Drive and Princeton Ave. (*****) District 10: Mountain Meadows. Prior to May 23, 2007, the FY 07/08 aggregate Lighting and Landscape District (LLD) deficit was projected at $108,988. It's now projected at $202,382. Of this amount, $186,395 has been budgeted as a transfer out from the Gas Tax Fund to LLD in FY 07/08 to fund the LLD deficits consistent with Council action in funding deficits in prior years as outlined below. In prior years the LLD deficits were funded as follows: • Citywide Lighting and Landscaping — 100% Gas Tax • Districts Landscaping — 50% Gas Tax and 50% General Fund Changes in Inter-Fund Transfers • As a result of the $40,000 savings from the deletion of the Park Ranger program, $25,000 savings from the deletion of the Parking Lot Gate and Lighting at Monte Vista Park and another $22,500 savings from the deletion of the Landscape/Park Maintenance Superintendent vehicle (75% of total cost) that were budgeted under the Park Maintenance Fund (2400), a total of $87,500 has been reduced from the original recommended transfer for a net transfer of $1,279,827 from the General Fund (1000) to cover the projected deficit in the Park Maintenance Fund (2400). • The TDA Fund (2603) transfer to the Gas Tax Fund (2605) has been reduced by $90,925. This is made possible by the $150,000 transfer from the General Fund (1000) to the Gas Tax Fund. The projected surplus for the General Fund in FY 2007/08 after the changes above is $271,141. This only about 1.8% of total projected General Fund revenues. As you recall, total revenue includes $2.0 million of Cost Plan allocation transfers from other funds. As noted above, $299,522 may be needed to fund the projected FY 07/08 LLD deficits in FY 08/09 since the Gas Tax Fund will not have a fund balance. If the City Council concurs with the changes to the City Manager's recommended budget as noted in this staff report, staff recommends that the City Council adopt the attached resolution. The final budget document with the referenced changes has been provided to the City Council under separate cover as well as made available to the public on the City's Home Page, at City Hall and the Moorpark Library. Honorable City Council June 20, 2007 Page 5 STAFF RECOMMENDATION (Roll Call Vote) Adopt Resolution No. 2007- Attachment: Resolution No. 2007- Changes to Recommended Budget per 5/23/07 Budget Workshop RESOLUTION NO. 2007- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, ADOPTING THE OPERATING AND CAPITAL IMPROVEMENTS BUDGET FOR THE CITY OF MOORPARK FOR THE FISCAL YEAR 2007/2008 WHEREAS, on May 16, 2007 the City Manager's Recommended Budget for Fiscal Year 2007/2008 was submitted to the City Council for its review and consideration; and WHEREAS, the City Council has provided the opportunity for public comment at a public meeting held on May 23, 2007, and conducted detailed review of expenditure proposals; and WHEREAS, as the result of the reviews and analysis, expenditure proposals and revenue projections have been modified as needed. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Operating and Capital Improvements Budget for Fiscal Year 2007/2008 (beginning July 1, 2007) for the City of Moorpark containing operating and capital expenditures and anticipated revenues as identified in Exhibit "A" to this resolution attached hereto and incorporated herein, shall be adopted as the City of Moorpark's Operating and Capital Improvements Budget for Fiscal Year 2007/2008. SECTION 2. The City Manager is authorized to amend the capital improvement budget for the 2007/2008 Fiscal Year at the conclusion of the 2006/2007 Fiscal Year when a final accounting of project costs during the 2006/2007 Fiscal Year is complete and continuing appropriations are determined as long as the total project appropriation authorized by the City Council is not exceeded. SECTION 3. The City Manager is authorized to approve appropriation transfers within departments and within individual funds as required to provide efficient and economical services, as long as the total department appropriation and fund appropriation authorized by the City Council is not exceeded. Resolution No. 2007- Page 2 SECTION 4. Except as otherwise provided in this resolution, amendments to the appropriations in Fiscal Year 2007/2008 Operating and Capital Improvements Budget shall require Council action by resolution. SECTION 5. The City Manager is authorized to make such emergency appropriations as may be necessary to address emergency needs of the City, provided that the appropriation is presented to the City Council at its next regular meeting for ratification. SECTION 6. 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 20th day of June, 2007. Patrick Hunter, Mayor ATTEST: Deborah S. 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