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HomeMy WebLinkAboutStaff Report 2.D 03/02/200929 30 31 32 33 34 35 W March 2, 2009 EFFECTIVE DATE ORDINANCE NO. 2323 N.C.S. OF ORDINANCE Introduced by Seconded by AMENDING ORDINANCE NO. 2308 N.C.S. TO CHANGE APPROPRIATIONS FOR THE OPERATION OF THE CITY OF PETALUMA CAPITAL PROJECTS AND DEBT FUND 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. 2308 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 All ordinance or parts of ordinances in conflict herewith are hereby repealed.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 pasted/published this 23rd day of February, 2009. ADOPTED this _ day of March, 2009. 36 Ayes: 37 38 Noes: 39 40 Abstain: 41 42 Absent: 43 Ordinance No. 2323 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 9? 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 ATTEST: Claire Cooper, City Clerk Pamela Torliatt, Mayor APPROVED AS TO FORM: Eric W. Danly, City Attorney Ordinance No. 2323 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 (2) Fire - Insurance Reimbursement (2) Fire - Dairymen's Fire Reimbursement (2) Fire - 2 Cal Fire/OES/State of California reimbursements Property Tax Property Transfer Tax Business License Licenses Permits and Fees Fines, Forfeitures, Penalties & Other Investment Earnings & Rent Charges for Service Intergovernmental Net Decrease General Fund Revenues ($300,000) 14,000 40,000 54,950 (189,000) (30,000) (75,000) (39,000) (90,000) (164,000) (150,000) f65,050) ($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 - Expenditures (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. 2323 N.C.S. Page 3 General Fund Summary - Exhibit B FY 2008-2009 Mid -Year Budget Review in (5000 - thousands) Where we have been Where we are Where we are going 2 Year -23% Financial FY 2008-09 Mid Year FY 2008-09 Mid Year Comparison Financial Comparison Budget Review FY 08 FY 09 $ % 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 Expenditures: Total Expenditures & Transfers Out Difference Beginning Fund Balance Ending Fund Balance Reserve/Encumbrances Contingencies Reserve -Assets Designated for Projects/Contingencies Total Reserve/Desienated Unobligated Fund Balance 52,005 43,512 19,737 15,205 (4,532) -23% 37,074 41% 36,175 35,281 51,616 48,873 19,395 17,305 (1090) -11% 36,803 47% 36,877 36,753 389 (5,361) 343__(2,100)_ (1442) 271 8,570 8,959 8,959 3,611 360 98 5,500 558 3,679 2,752 295 203 8,833 3,611 130 - Exhibit B to Ordinances 2321, 2322, 2323, 2324 NCS 3,611 3,882 98 830 2.750 204 3.882 (702) (1,472) 3,882 3,180 3,180 1,708 98 98 128 (1,344) 2,750 2,750 204 204 3,180 1.708