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HomeMy WebLinkAboutAgenda Bill 08.C 02/24/2003II 1 C CITY OF PETALUMA, CALIFORNIA AGENDA BILL ���� Agenda Title First Reading of an Ordinance Amending Ordinance Meeting .Date: No: 2133 N.C.S. to Change Certain Appropriations for the February 24, 2003 .operation of the City of Petaluma from July 1, 2002 to June 30 Resolution Reserving a Portion of the Community, Facilities Impact Fee Fund i Department Director Contact Person Phone Number Finance W. Thomas W. Thomas 778 -4323 Cost of Proposal $3,827,400 Account Number Various Amount Budgeted N/A Name of Fund Various Attachments to Agenda Packet Item Ordinance and attachments Resolution reserving a portion of the fund balance of the Community Facilities Impact Fee Fund Summary Statement At the February 7, 2003 Council meeting, the - mid -year budget report was presented for the General Fund, Special Revenue Funds, Enterprise Funds and Internal Service Funds. Staff recommended various changes to the FY 2003 adopted budget and the Council approved these changes. To effect the changes, in accordance with the City Charter, the changes will be made by Ordinance. This Ordinance will amend the original, appropriating Ordinance (No. 2133.N.C.S.) that appropriated funds for the operation of the City for the period July 1, 2002 through June 30, 2003. Additionally, the Council agreed that the remaining debt service obligations of the Petaluma Community Center be paid out from the Community Facilities Impact Fee Fund. Therefore, the fund balance of that fund .needs to be reserved for the current year debt service obligations associated with the Community Center of $651,250. Council Priority THIS AGENDA ITEM IS CONSIDERED TO BE PART OF, OR NECESSARY TO, ONE OR MORE OF THE 2001 PRIORITIES ESTABLISHED BY THE CITY'COUNCIL JULY 21, 2001. Priority(s): N/A Recommended City Council Action /Suggested Motion Approve the first reading of an Ordinance to amend Ordinance. No. 2 N.C.S. Approve the Resolution ,Reviewed by Fin nee "rector: Reviewed by City Attorney Date: A rove . C itv M anager : Date: Today's Date Revision k and Date Revised: File Code: # February 18, 2003 CITY OF PETALUMA, CALIFORNIA FEBRUARY 24, 2003' AGENDA REPORT FOR FIRST READING OF AN ORDINANCE. AMENDING ORDINANCE No. 2133 N.C.S. TO CHANGE CERTAIN APPROPRIATIONS FOR THE OPERATION OF THE CITY OF PETALUMA FROM JULY 1, 2002 TO JUNE 30,2003 RESOLUTION RESERVING THE FUND BALANCE OF THE COMMUNITY FACILITIES IMPACT FEE FUND 1. EXECUTIVE SUMMARY At the February 7, 2003 Council meeting, the mid -year budget report was presented for the General Fund, Special Revenue Funds, Enterprise Funds and Internal Service Funds. Staff recommended various channges to the FY 2003 adopted budget and the Council approved these changes. To effect the changes, in 'accordance with the City Charter, the changes will be made by Ordinance. This Ordinance will amend the original.appropriating Ordinance (No. 2133. N:C.S.) that appropriated funds for the operation of the City for the period July 1, 2002 through June 30, 2003. Additionally, the Council agreed that the remaining debt service obligations of the Petaluma Community Center be paid out from the Community Facilities Impact Fee Fund. Therefore, the fund balance of that fund needs to be reserved for the current year debt service obligations associated with the Community Center of $651,250. 2. BACKGROUND At the mid -year budget review on February 7, 2003 the following changes to the FY 2003 were recommended and approved by the City Council: ➢ Appropriate $500,000 from the General Fund — Fund Balance for ongoing street maintenance. ➢ Appropriate $118;000 from the Community Facilities Fee Fund for the additional cost of the .Library Expansion Project. ➢ Appropriate $103,000 from the Community Facilities Fee Fund for the renovation of the. City building at Bassett Street. ➢ Defer the Soundwall project that was to use Community Facilities Fee Fund for a savings of $3.03,000 ➢ Reserve $651,250 of the fund balance of the Community Facilities Fee Fund for the payment of the debt service related to the Community Center ➢ Transfer $651,250 of the Park Development Fee Fund that was originally designated for debt service to the Gatti Park Project. ➢ Appropriate $2,000,000 of the Traffic Mitigation Fee Fund for street reconstruction proj ects. 4 ➢ Appropriate $101;000 of the Sewer Utility Fund for the replacement- of the sewer main on Coady Court. ➢ Appropriate $172,000 from the Flood Mitigation.Impact Fee Fund to cover additional costs associated with the Petaluma River'dredging project. Appropriate! $270,000 from the Flood Mitigation Impact Fee Fund to replace the existing Dr ➢ "ll Line RR Bridge. ➢ Appropriate $300,000 from the Flood Mitigation.Impact Fee Fund for right -of -way .acquisition, construction of and repair'dainage to the underside of the Lakeville Bridge. Reduce the appropriation of Flood Mitigation Impact Fee Fund for the C Street Storm Drain Project by $84, 850. ➢ Appropriate an additional. $58,650 of Community Development. Block Grant funds to bring that budget in line with federal appropriations. ➢ Reduce the appropriations of the HOME Grant Fund program from $1,909;450 to $141,950 to bring those appropriations in line with the federal appropriations. The recommendation to transfer costs associated with the Low- Moderate.Income'Housing Fund (PCDC) to the Housing -In -Lieu Fund will be deferred until the Commission considers the PCDC mid -year budget changes Attached to the proposed Ordinance is Exhibit A, which provides a review by deparhment,and fund of`these chariges. The original adopted budget,forrthe, above funds is $91,972,000. The proposed changes total $2,118,550 resulting in a revised budget of $94,090,550. 3. AL';TERNATIVES Do not approve the budget changes. 4. FINANCIALIMP.ACTS The total cost of this proposal' is $2,118,550, which will result in reductions in fund balances, of the funds as follows: General Fund Fund,Balance $ 500,000 Community Development Block Grant 58,650 HOME Grant Fund (1,767,500) Flood Mitigation Impact IeeFund 657,150 Community Facilities Impact Fee Fund 569,250 Additional Appropriations 221,000 Reserve Fund Balance 651250 Defer Soundwall Project (303,000) Traffic Mitigation Impact Fee Fund 2,000,000 Water Pollution Control Fund 101,000 Total Changes $2,118,550 5. CONCLUSION The proposed changes, as approved at the February 7 2003` Council meeting will brin City's the • s adopted budget in line with the current needs of the City. The proposed changes to the Housing In- Lieu Fund will be considered when the Council, sitting as the PCDC Commission considers that agency's mid -year budget adjustments. 6. OUTCOMES OR PERFORMANCE MEASUREMENTS THAT WILL'IDENTIFY SUCCESS OR COMPLETION: The proposed Ordinance will be brought back at a future Council meeting for a second reading and adoption. 7. RECOMMENDATION Approve the proposed Ordinance on the first reading, gAbnns /2001 agenda bill Cj ORDINANCE NO Introduced By Councilmember Seconded AN ORDIANANCE AMENi)ING ORDINANCE NO. 2133 N.C.S. TO CHANGE CERTAIN APPROPRIATIONS FOR THE OPERATION OF THE CITY OF PETALUMA FROM JULY 1 2002 TO JUNE 30 2003 BE IT ORDAINED BY THE COUNCIL OF THE CITY OF PETALUMA AS FOLLOWS: Section 1. Ordinance No..2133 N.C.S. ,is hereby amended for the fiscal year beginning on July 1, 2002 and ending, on June. 30, 2003 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 in the amounts set °in Exhibit A, which will be on file with the City Clerk, for the fiscal year ending June 30, 2003. Section 3. All ordinance or parts of ordinances in conflict herewith are hereby repealed. Section 4. The City Clerk be, and she is hereby directed to post/publish this ordinance for the period and in the manner required by the City Charter. C7 CITY OF PETALUMA, CALIFORNIA EXHIB /TA APPROPRIATIONS -- JULY 1, 2002 THROUGH JUNE 30, 2003 DEPARTMENTS �'3 '�f *`` '�T tM1 • AdoptedBudget Revtston; #1 ... u AevtsedBd et City Council 228;800 w_g 228,800 City Clerk 270,100 270,100 City Attorney 252,500 252,500 City Manager 477,500 - 477,500 General Plan 917,600 917,600 G 168,250 168;250 Information Services 823,100 823;100 Human Resources 2,359,500 2 359,500 Finance 2;947,100 2,9470 00 Police 11,390;700 11,390,700 Fire and Ambulance 8;027,050 8,027,050 Community Development 2,008,350 2,008;350 Administrative Overhead 2;500 CDBG`and Housing 2,282;750 (1,708,850) 2,500 573 Parks s& Recreation 4,043,050 4,043,050 Water Resources ,& Conservation 18,023,350 18,023,350 Water Utility 9,346,550 9,346;550 Wastewater Utility - 8,623;850 - 8;623,850 Flood Mitigation . �2 950 Capital hiiprovement:Arograme:; : . . Public F.acthnes .• . Transporauon Projects 4,843,000 4`,843 000 Street • Maintenance , & Reconstruction - 2 500 000 2,500,000 Community,Facilities 670,000 (82;000) 588,000 Parks & Recreation d .Waterl.''............ .... .....::..... ....... . Water!UUltty 1,425,000 :: ! ....... 1,425000 Water Pollution Control 15,289 101 000 . 15;390 -000 Surface Water Management - 657,'150 657,150 Debt 473,400 473;400 Trusts 31,000 31,000 Transient Occupancy 522,500 522,500 Grant Match for Fire FEMA Grant 30,000 30,000 Lucchessi Reservation:of Soccer Fields 30,000 •' Allowance for Retirements 30,000' Transfers Out 5,396,750 5;396,750 TOTAL DEPARTMENTS $ 91,972;000 $ 2;118;550' $ 94,090;550 General Fund 32;317;950 500,000 32,817,950 Special'Revenue Funds:. 14,161;200 1 15;678;750 Comm. Development'Block Grant 372;750 58;650 431,400 Home -Begin Grants. 1,909,450 (1,767;500) 141,950 Gas Tax 1,588,650 1,588,650 Landscape Maint. Districts 220,000 220,000 SupplementalLaw'Enforcement Svcs. 453,000 - 453 Asset Seizuie 209;500 209,500 Transient 1,697,500 - 1,697,500 Park Development Fees 742,250 742,250 Flood Mitigation Fees 52,950 657,150 710 Housing -in -Lieu 550 550 CommunityFacilities Fees 1- ,226,500 569 1- Traffic'Mitigation 5,670,300 2,000;000 ,795 7670,300 Child Care 7,800 7;800 Tumffig Basin 10;000 10,000 DebtService 473,400 _. _ 473,400 Enterprise Funds: 40;272;200 _ 101,000 40 373,200 Water Utility 11,146,550 11,1',46;550 Water Pollution Control- 24 101,000 24;388;850 Public;Transportation 1,485,750 i 1,485 Airport 983,600 983;600 Ambulance 1,944;000 1,944;000 Marina 424,450 424,450, Internal'Service Funds: 4;716,250 4,716,250' Information Services 823,100 823,100 Employee Benefits 1,006,050 1,006,050 Risk Programs 2,153,650 2,153,650 General Services Vehicle and'EquipmenTReplacement 333,450 400,000 333,450 400,000 Trust Funds 31,000 - 31,000 _ TOTAL FUNDS S 91,972,000 $ 2;198;550 $ 94';090,550 Resolution No,. N.C.S. of the City of Petaluma, California RESERVING 'A PORTIONOF THE FUND BALANCE OF THE COMMUNITY FACILITIES IMPACT FEE FUND' WHEREAS, The City wishes to pay the remaining debt service obligations for the Petaluma Community Center from the Community Facility Impact Fee Fund, and WHEREAS, the FY 2003 debt service obligations are $651,250, and WHEREAS, the City wishes to reserve a portion of the unreserved fund balance of the Community Facilities Impact Fee Fund for the current debt service obligations; NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Petaluma, California reserves $651,250 of the existing unreserved fund balance of the Community Facilities Impact. Fee Fund for the propose of providing debt service obligations of the Petaluma Community Center for Fiscal Year 2003; BE IT FURTHER RESOLVED, that the City Council of the City of Petaluma, California • intends that the remaining debt service obligations of the Petaluma Community Center be paid out of the Community Facilities Impact Fee Fund