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HomeMy WebLinkAboutPCDC Resolution 2009-03 02/23/2009RES®LUTIOIV IV®. 2009-03 PETALUMA COMMUNITY DEVELOPMENT COMM6SS90N RESOLUTION APPROVING ADJUSTMENTS TO THE PETALUMA COMMUNITY DEVELOPMENT COMMISSION FY 2008-09 BUDGET WHEREAS, on June 16, 2008, the PCDC Commissioners adopted Resolution No. 2008-06, adopting the FY 2008-09 PCDC Preliminary Budget; and, WHEREAS, on February 9, 2009, PCDC Commissioners considered amid-year financial report on the FY 2008-09 PCDC Budget; and, WHEREAS, the PCDC considered various adjustments to the budget and requested that changes be reflected in certain line-items with the intention of having the budget reflect current financial conditions; and, NOW, THEREFORE, BE IT RESOLVED that the Petaluma Community Development Commission hereby approves and adopts adjustments to the FY 2008-09 PCDC Budget, attached hereto as Exhibit A. ADOPTED this 23~d day of February, 2009, by the following vote: Commissioner Aye No Absenf Abstain Vice Chair Barretf X Glass X Harris X Healy X Rabbitt X Renee X l 'y Chair Torliatf /I /X ~~ i~ Pa ~ ela Torliatt, Cf~a r ATTEST: C~~CJ ~ Claire Cooper, CMC, Recording S retary t-~ APPROVED ATO FORM: t.. i . Eric Danly, Gene-Counsel PCDC Resolution No. 2009-02 Page 1 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 CalFire/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 8~ Other (90,000) Investment Earnings 8~ Rent (164,000) Charges for Service (150,000) Intergovernmental 65 050 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 -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 000500108 to Project No. C 16100902 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 PCDC Resolution No. 2009-03 Page 2