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HomeMy WebLinkAboutStaff Report 2.C 03/02/20091 3 4 5 6 7 8 9 10 33 34 35 36 37 38 39 40 41 42 43 EFFECTIVE DATE OF ORDINANCE Introduced by ORDINANCE NO. 2322 N.C.S. Seconded by RN March 2, 2009 AN ORDINANCE AMENDING ORDINANCE NO. 2307 N.C.S. TO CHANGE SPECIAL REVENUE FUND APPROPRIATIONS FOR THE OPERATION OF THE CITY OF PETALUMA FROM JULY 1, 2008 TO JUNE 30, 2009 BE IT ORDAINED BY THE COUNCIL OF THE CITY OF PETALUMA AS FOLLOWS: Section 1. Ordinance No. 2307 N.C.S. is hereby amended for the fiscal year beginning on July 1, 2008 and ending on June 30, 2009 in the amounts as set in the attached Exhibit A, incorporated herein by reference, and distributed to the various funds as set out in said exhibit and shall be expended and used in accordance therewith. Section 2. The City Council hereby finds and determines that the amount of appropriations provided hereby does not exceed the estimated revenue, other sources and available fund balances for the fiscal year ending June 30, 2009. Section 3. All ordinance or parts of ordinances in conflict herewith are hereby repealed. Section 4. The City Clerk is hereby directed to post and publish this ordinance or a synopsis of this ordinance for the period and in the manner required by the City Charter. INTRODUCED, AND ORDERED posted/published this 23rd day of February, 2009. ADOPTED this day of March, 2009. Ayes: Noes: Abstain: Absent: Ordinance No. 2322 N.C.S. Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 ATTEST: Claire Cooper, City Clerk Pamela Toriiatt, Mayor APPROVED AS TO FORM: Eric W. Donly, City Attorney Ordinance No. 2322 N.C.S. Page 2 EXHIBIT A FY 2008-09 Mid -Year Adjustments Department Requests Department General Fund Expenditures (reduction)/increase (3) PW -Streets move to Street Maintenance Fund ($250,000) Finance -Annual SB 2557 Property Tax Collection Fee 212,200 (2) Fire -Apparatus 3,700 (2) Fire -Suppression 10,300 (4) General Plan 98,000 Net Increase in Appropriations $74,200 General Fund Revenues (reduction)/increase (3) PW Franchise Fees move to Street Maintenance Fund ($300,000) (2) Fire - Insurance Reimbursement 14,000 (2) Fire - Dairymen's Fire Reimbursement 40,000 (2) Fire - 2 Cal Fire/OES/State of California reimbursements 54,950 Property Tax (189,000) Property Transfer Tax (30,000) Business License (75,000) Licenses Permits and Fees (39,000) Fines, Forfeitures, Penalties & Other (90,000) Investment Earnings & Rent (164,000) Charges for Service (150,000) Intergovernmental (65,0501 Net Decrease General Fund Revenues ($1,048,050) Other Funds - Revenues (reduction)/increase (1)(3) PW -Street Maintenance Garbage Franchise Fees $375,000 PCDC- Tax Increment -ERAF shift to State due May 2009 ($1,044,700) Transient Occupancy Tax revenue ($200,000) Marina $30,600 Other Funds - Exoenditures (reduction)/increase (1)(3) PW -Street Maintained Expense $375,000 (4) Low/Mod Housing -lighted crosswalk & ADA repairs $75,000 (4) Low/Mod Housing -Wood Sorrel project with PEP Housing $100,000 (4)IT-Maze & Assoc $22,260 (4)IT-Eden Software $65,490 (1)PW CIP-Transfer in amount of $84,885 from within Fund 3160 Project C00500108 to Project No. C16100902 East Washington Street Pedestrian Crossing (1) Previously approved by Council (2) Previously approved by City Manager (3) Resolution #2008-182, (correct fund account to Street Maintenance Fund) (4) 2007-2008 Budget Encumbrance Carryover Ordinance No. 2322 N.C.S. Page 3 General Fund Summary - Exhibit B FY 2008-2009 Mid -Year Budget Review in (S000 - thousands) Where we have been Where we are Where we are going 2 Year (1,472) Financial FY 2008-09 Mid Year FY 2008-09 Mid Year Comparison Financial Comparison Budget Review FY 08 FY 09 S % Original % of Revised Prelim. FY 07 FY 08 6 months Change Between FY 09 Budget FY 09 FY 10 Actual Actual 6 Month Actual Budget @ 6 mos. Budget Estimate Revenues: Total Revenues & Transfers In 52,005 43,512 19,737 15;205 (4,532) -23% 37,074 41% 36,175 35,281 Expenditures: Total Expenditures & Transfers Out 51,616 48,873 19,395 17305 (1090) -11% 36,803 47% 36,877 36,753 Difference 389 (5,361) 342 (2,100) (2,442) 271 (702) (1,472) Beginning Fund Balance 8,570 8,959 3,611 3,882 3,180 Ending Fund Balance 8,959 3,611 3,882 3,180 1,708 Reserve/Encumbrances 360 98 98 98 98 Contingencies 5,500 558 830 128 (1,344) Reserve -Assets 3,679 2,752 2750 2,750 2,750 Designated for Projects/Contingencies 295 203 204 204 204 Total Reserve/Designated 8,833 3.611 1882 3,180 1,708 Unobligated Fund Balance 130 - - - - Exhibit B to Ordinances 2321, 2322, 2323, 2324 NCS