HomeMy WebLinkAboutRES 19-7187 (EXHIBIT A FOR BUDGET ADOPTION)1
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RESOLUTION NO. 19-xxxx
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH,
CALIFORNIA ADOPTING THE BUDGET FOR THE FISCAL YEAR 2019-2020
WHEREAS, a budget for the fiscal year 2019-20 has been prepared by the City Manager,
and;
WHEREAS, said budget incorporates expenditures for operating purposes, capital outlay
and capital improvement projects, and;
WHEREAS, said final budget will include the appropriations limit and total annual
appropriations subject to limitation as required by Section 37200 of the Government Code, and;
WHEREAS, the City Council has examined said budget and, after due deliberation and
consideration, has made such amendments to the budget as it deems advisable.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH,
CALIFORNIA DOES RESOLVE AS FOLLOWS:
SECTION 1. That the City Council does hereby approve and adopt the revised budget
for the 2019-20 Fiscal Year as presented in the documents entitled “City of Hermosa Beach
Budget Summary 2019-20”, and attached as “Exhibit A.”
SECTION 2. This Resolution shall take effect immediately. The City Clerk shall
certify to the passage and adoption of this Resolution; shall enter the same in the book of original
Resolutions; and shall make a minute of the passage and adoption thereof in the records of the
proceedings of the City Council meeting at which the same is passed and adopted.
PASSED, APPROVED and ADOPTED this 11th day of June 2019.
________________________________________________________________________
PRESIDENT of the City Council and MAYOR of the City of Hermosa Beach, California
ATTEST: APPROVED AS TO FORM:
________________________________ _______________________________
City Clerk City Attorney
Attachment 4
Major Fund
LIGHTING
GENERAL LANDSCAPING STATE GAS
FUND FUND TAX FUND
001 105 115
ESTIMATED REVENUE
Taxes $29,954,027 $457,800 $0
Licenses/Permits $1,215,677 $0 $0
Fines/Forfeitures $2,135,049 $0 $0
Use of Money/Property $1,129,368 $476 $6,091
Intergovernmental/State $147,641 $0 $856,067
Intergovernmental/County $0 $0 $0
Intergovernmental/Federal $0 $0 $0
Current Service Charges $7,381,847 $0 $0
Other Revenue $124,192 $0 $0
TOTAL ESTIMATED REVENUE $42,087,801 $458,276 $862,158
INTERFUND TRANSFERS IN $402,922 $175,932 $0
ESTIMATED FUNDS AVAILABLE $42,490,723 $634,208 $862,158
FUND BALANCE
7/1/19 $8,537,773 $83,319 $421,465
CIP Carry Forward $398,559
TOTAL FUNDS AVAILABLE $51,427,055 $717,527 $1,283,623
APPROPRIATIONS
Operating Budget $39,197,229 $706,403 $13,893
Capital Outlay $426,472 $0 $0
Capital Improvements- Prior Year $398,559 $0 $418,250
Capital Improvements $0 $0 $461,293
TOTAL APPROPRIATIONS $40,022,260 $706,403 $893,436
INTERFUND TRANSFERS OUT $1,865,795 $11,054 $360,763
TOTAL APPROPRIATIONS/TRANSFERS OUT $41,888,055 $717,457 $1,254,199
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS
ESTIMATED FUND BALANCE 6/30/20 $9,539,000 (a)$70 $29,424
(a) CLASSIFICATIONS OF FUND BALANCE:
Restricted Previous Balance Current Balance
General Plan Maintenance Fee $870 $60,854
Verizon PEG Grant $26,314 $46,314
Chamber Donation- Christmas Decorations $50,000 $0
Marquee Donation $50,000 $50,000
Committed In Lieu Fee/ Parking Facility $202,300 $202,300
AssignedContingencies $6,252,584 $6,271,557
Unspecified Contingencies $0 $550,769
Retirement Rate Stabilization $1,021,575 $1,021,575
Retirement Trust- Continue to fund at 73%$0 $829,060
Future Capital Improvement Projects 18-19 $200,000 $0 Transferred to Capital Improvement Fund
$267,712 $267,712
$236,387 $0
$280,031 $152,746 2020-21 Payments 19-26 of 60
Reserve for Future Facility Costs (PERS Savings)$0 $86,113 2020-21 Payments 19-26 of 60
$8,587,773 $9,539,000
Available Fund Balance 6/30/20 $0 $70 $29,424
Compensated Absences
Fire Facility Payment- 18/19 (Use Reserved TOT)
Reserve for Future Facility Costs (TOT Increase)
Special Revenue Funds
2019-20
Preliminary Budget
CITY OF HERMOSA BEACH BUDGET SUMMARY
1 Exhibit A
PROP A
AB 939 OPEN SPACE TYCO
FUND FUND FUND
117 121 122
ESTIMATED REVENUE
Taxes $0 $0 $0
Licenses/Permits $0 $0 $0
Fines/Forfeitures $0 $0 $0
Use of Money/Property $1,540 $0 $363,333
Intergovernmental/State $0 $0 $0
Intergovernmental/County $0 $20,557 $0
Intergovernmental/Federal $0 $0 $0
Current Service Charges $62,720 $0 $0
Other Revenue $0 $0 $0
TOTAL ESTIMATED REVENUE $64,260 $20,557 $363,333
INTERFUND TRANSFERS IN $0 $0 $0
ESTIMATED FUNDS AVAILABLE $64,260 $20,557 $363,333
FUND BALANCE
7/1/19 $18,122 $0 $1,009,307
TOTAL FUNDS AVAILABLE $51,978 $20,557 $1,372,640
APPROPRIATIONS
Operating Budget $34,239 $0 $0
Capital Outlay $0 $0 $0
Capital Improvements- Prior Year $0 $0 $452,853
Capital Improvements $0 $0 $750,000
TOTAL APPROPRIATIONS $34,239 $0 $1,202,853
INTERFUND TRANSFERS OUT $0 $20,557 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $34,239 $20,557 $1,202,853
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS
ESTIMATED FUND BALANCE 6/30/20 $17,739 $0 $169,787
Available Fund Balance 6/30/20 $17,739 $0 $169,787
Special Revenue Funds
2019-20
Preliminary Budget
CITY OF HERMOSA BEACH BUDGET SUMMARY
2 Exhibit A
PARK/BAYVIEW DRIVE LOMA DISTRICT
RECREATION DISTRICT ADMIN ADMINISTRATIVE
FACILITY TAX EXPENSE EXPENSE
FUND FUND FUND
125 135 138
ESTIMATED REVENUE
Taxes $7,793 $0 $0
Licenses/Permits $0 $0 $0
Fines/Forfeitures $0 $0 $0
Use of Money/Property $6,650 $79 $415
Intergovernmental/State $0 $0 $0
Intergovernmental/County $0 $0 $0
Intergovernmental/Federal $0 $0 $0
Current Service Charges $0 $0 $0
Other Revenue $132,020 $4,500 $0
TOTAL ESTIMATED REVENUE $146,463 $4,579 $415
INTERFUND TRANSFERS IN $0 $0 $0
ESTIMATED FUNDS AVAILABLE $146,463 $4,579 $415
FUND BALANCE
7/1/19 $409,453 $3,170 $5,935
TOTAL FUNDS AVAILABLE $555,916 $7,749 $6,350
APPROPRIATIONS
Operating Budget $0 $1,400 $0
Capital Outlay $0 $0 $0
Capital Improvements- Prior Year $203,410 $0 $0
Capital Improvements $320,000 $0 $0
TOTAL APPROPRIATIONS $523,410 $1,400 $0
INTERFUND TRANSFERS OUT $0 $2,307 $6,350
TOTAL APPROPRIATIONS/TRANSFERS OUT $523,410 $3,707 $6,350
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS
ESTIMATED FUND BALANCE 6/30/20 $32,506 $4,042 $0
Available Fund Balance 6/30/20 $32,506 $4,042 $0
Special Revenue Funds
2019-20
Preliminary Budget
CITY OF HERMOSA BEACH BUDGET SUMMARY
3 Exhibit A
BEACH DRIVE DISTRICT
ADMINISTRATIVE COMMUNITY / DEV PROPOSITION PROPOSITION
EXPENSE BLOCK GRANT A C
FUND FUND FUND
139 140 145 146
ESTIMATED REVENUE
Taxes $0 $0 $408,722 $339,024
Licenses/Permits $0 $0 $0 $0
Fines/Forfeitures $0 $0 $0 $0
Use of Money/Property $84 $0 $38,656 $33,289
Intergovernmental/State $0 $0 $0 $0
Intergovernmental/County $0 $0 $0 $0
Intergovernmental/Federal $0 $120,000 $0 $0
Current Service Charges $0 $0 $5,100 $0
Other Revenue $3,500 $0 $0 $0
TOTAL ESTIMATED REVENUE $3,584 $120,000 $452,478 $372,313
INTERFUND TRANSFERS IN $0 $0 $0 $0
ESTIMATED FUNDS AVAILABLE $3,584 $120,000 $452,478 $372,313
FUND BALANCE
7/1/19 $2,866 $0 $1,156,086 $701,295
TOTAL FUNDS AVAILABLE $6,450 $120,000 $1,608,564 $1,073,608
APPROPRIATIONS
Operating Budget $1,503 $0 $214,830 $0
Capital Outlay $0 $0 $0 $0
Capital Improvements- Prior Year $0 $0 $0 $0
Capital Improvements $0 $120,000 $0 $370,875
TOTAL APPROPRIATIONS $1,503 $120,000 $214,830 $370,875
INTERFUND TRANSFERS OUT $1,891 $0 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $3,394 $120,000 $214,830 $370,875
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS
ESTIMATED FUND BALANCE 6/30/20 $3,056 $0 $1,393,734 $702,733
Available Fund Balance 6/30/20 $3,056 $0 $1,393,734 $702,733
Special Revenue Funds
2019-20
Preliminary Budget
CITY OF HERMOSA BEACH BUDGET SUMMARY
4 Exhibit A
MEASURE R MEASURE M MEASURE W GRANT
FUND FUND FUND FUND
147 148 149 150
ESTIMATED REVENUE
Taxes $254,268 $288,170 $160,000 $0
Licenses/Permits $0 $0 $0 $0
Fines/Forfeitures $0 $0 $0 $0
Use of Money/Property $25,949 $6,863 $0 $0
Intergovernmental/State $0 $0 $0 $1,522,965
Intergovernmental/County $0 $0 $0 $0
Intergovernmental/Federal $0 $0 $0 $1,800
Current Service Charges $0 $0 $0 $0
Other Revenue $384,325 $0 $0 $1,348,601
TOTAL ESTIMATED REVENUE $664,542 $295,033 $160,000 $2,873,366
INTERFUND TRANSFERS IN $0 $0 $0 $0
ESTIMATED FUNDS AVAILABLE $664,542 $295,033 $160,000 $2,873,366
FUND BALANCE
7/1/19 $448,213 $207,468 $0 $1,619,403
TOTAL FUNDS AVAILABLE $1,112,755 $502,501 $160,000 $4,492,769
APPROPRIATIONS
Operating Budget $0 $0 $0 $7,100
Capital Outlay $0 $0 $0 $0
Capital Improvements- Prior Year $848,135 $201,231 $0 $4,269,242
Capital Improvements $0 $290,000 $0 $216,427
TOTAL APPROPRIATIONS $848,135 $491,231 $0 $4,492,769
INTERFUND TRANSFERS OUT $0 $0 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $848,135 $491,231 $0 $4,492,769
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS
ESTIMATED FUND BALANCE 6/30/20 $264,620 $11,270 $160,000 $0
Available Fund Balance 6/30/20 $264,620 $11,270 $160,000 $0
2019-20
Preliminary Budget
CITY OF HERMOSA BEACH BUDGET SUMMARY
5 Exhibit A
2019-20
SUPPLEMENTAL
AIR QUALITY LAW ENFORCEMENT ASSET SEIZURE/
IMPROVEMENT SERVICES SEWER STORM DRAIN FORFEITURE
FUND FUND FUND FUND FUND
152 153 160 161 170
ESTIMATED REVENUE
Taxes $0 $100,000 $0 $0 $0
Licenses/Permits $0 $0 $0 $0 $0
Fines/Forfeitures $0 $0 $0 $0 $0
Use of Money/Property $1,293 $6,449 $159,651 $24,884 $13,972
Intergovernmental/State $25,000 $0 $5,475 $0 $0
Intergovernmental/County $0 $0 $8,000 $0 $0
Intergovernmental/Federal $0 $0 $0 $0 $0
Current Service Charges $0 $0 $1,121,185 $0 $0
Other Revenue $0 $0 $0 $0 $0
TOTAL ESTIMATED REVENUE $26,293 $106,449 $1,294,311 $24,884 $13,972
INTERFUND TRANSFERS IN $0 $0 $0 $700,000 $0
ESTIMATED FUNDS AVAILABLE $26,293 $106,449 $1,294,311 $724,884 $13,972
FUND BALANCE
7/1/19 $21,980 $134,512 $6,702,407 $1,187,695 $528,498
TOTAL FUNDS AVAILABLE $48,273 $240,961 $7,996,718 $1,912,579 $542,470
APPROPRIATIONS
Operating Budget $28,000 $95,218 $435,166 $362,558 $10,222
Capital Outlay $0 $0 $0 $0 $57,818
Capital Improvements- Prior Year $0 0 $1,164,250 $645,090 $0
Capital Improvements $0 0 $1,485,750 $904,910 $0
TOTAL APPROPRIATIONS $28,000 $95,218 $3,085,166 $1,912,558 $68,040
INTERFUND TRANSFERS OUT $0 $0 $0 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $28,000 $95,218 $3,085,166 $1,912,558 $68,040
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS
ESTIMATED FUND BALANCE 6/30/20 $20,273 $145,743 $4,911,552 $21 $474,430
Available Fund Balance 6/30/20 20,273 $145,743 $4,911,552 $21 $474,430
Special Revenue Fd
2019-20
Preliminary Budget
CITY OF HERMOSA BEACH BUDGET SUMMARY
6 Exhibit A
RTI
FIRE RTI UNDERSEA CABLE
PROTECTION UNDERSEA CABLE TIDELANDS
FUND FUND FUND
180 190 191
ESTIMATED REVENUE
Taxes $0 $0 $0
Licenses/Permits $0 $0 $0
Fines/Forfeitures $0 $0 $0
Use of Money/Property $1,950 $615,831 $382,423
Intergovernmental/State $0 $0 $0
Intergovernmental/County $0 $0 $0
Intergovernmental/Federal $0 $0 $0
Current Service Charges $0 $0 $0
Other Revenue $48,751 $0 $0
TOTAL ESTIMATED REVENUE $50,701 $615,831 $382,423
INTERFUND TRANSFERS IN $0 $0 $0
ESTIMATED FUNDS AVAILABLE $50,701 $615,831 $382,423
FUND BALANCE
7/1/19 $57,621 $383,429 $246,134
TOTAL FUNDS AVAILABLE $108,322 $999,260 $628,557
APPROPRIATIONS
Operating Budget $43,062 $0 $0
Capital Outlay $0 $0 $0
Capital Improvements- Prior Year $0 $0 $240,000
Capital Improvements $0 $482,260 $0
TOTAL APPROPRIATIONS $43,062 $482,260 $240,000
INTERFUND TRANSFERS OUT $0 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $43,062 $482,260 $240,000
DEBT SERVICE PAYMENT
ESTIMATED FUND BALANCE 6/30/20 $65,260 $517,000 $388,557
2020-21 Fire Equipment Conversion Costs (Payments 31-42 of 60)43,062.00
2021-22 Fire Equipment Conversion Costs (Payments 43-48 of 60)22,198.00
Available Fund Balance 6/30/20 $0 $517,000 $388,557
Special Revenue Fd
2019-20
Preliminary Budget
CITY OF HERMOSA BEACH BUDGET SUMMARY
7 Exhibit A
Debt Service Fd
BAYVIEW DRIVE LOWER PIER
2015 CAPITAL DISTRICT DISTRICT
LEASE REVENUE IMPROVEMENT REDEMPTION REDEMPTION
BOND FUND FUND FUND FUND
201 301 609 610
ESTIMATED REVENUE
Taxes $0 $0 $0 $0
Licenses/Permits $0 $0 $0 $0
Fines/Forfeitures $0 $0 $0 $0
Use of Money/Property $0 $196,025 $2,877 $78
Intergovernmental/State $0 $0 $0 $0
Intergovernmental/County $0 $0 $0 $0
Intergovernmental/Federal $0 $0 $0 $0
Current Service Charges $0 $0 $0 $0
Other Revenue $0 $0 $0 $0
TOTAL ESTIMATED REVENUE $0 $196,025 $2,877 $78
INTERFUND TRANSFERS IN $789,863 $200,000 $0 $0
ESTIMATED FUNDS AVAILABLE $789,863 $396,025 $2,877 $78
FUND BALANCE
7/1/19 $349 $6,742,849 $132,293 $3,133
TOTAL FUNDS AVAILABLE $790,212 $7,138,874 $135,170 $3,211
APPROPRIATIONS
Operating Budget $0 $0 $0 $0
Capital Outlay $0 $0 $0 $0
Capital Improvements- Prior Year $0 $3,616,582 $0 $0
Capital Improvements $0 $2,063,267 $0 $0
TOTAL APPROPRIATIONS $0 $5,679,849 $0 $0
INTERFUND TRANSFERS OUT $0 $0 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $0 $5,679,849 $0 $0
DEBT SERVICE PAYMENT $790,212 $0 $0 $0
ESTIMATED FUND BALANCE 6/30/20 $0 $1,459,025 $135,170 $3,211
Reserved for New Corporate City Yard Construction (with contingency)$953,000
Reserve for Capital Facilities (new)$0
Available Fund Balance 6/30/20 $0 $506,025 $135,170 $3,211
Special Revenue Fund Agency Funds
2019-20
Preliminary Budget
CITY OF HERMOSA BEACH BUDGET SUMMARY
8 Exhibit A
BEACH DRIVE BEACH DRIVE MYRTLE LOMA
DISTRICT DISTRICT AVENUE DRIVE
REDEMPTION RESERVE ASSESSMENT ASSESSMENT
FUND FUND FUND FUND
611 612 617 618
ESTIMATED REVENUE
Taxes $0 $0 $0 $0
Licenses/Permits $0 $0 $0 $0
Fines/Forfeitures $0 $0 $0 $0
Use of Money/Property $1,480 $116 $1,845 $2,858
Intergovernmental/State $0 $0 $0 $0
Intergovernmental/County $0 $0 $0 $0
Intergovernmental/Federal $0 $0 $0 $0
Current Service Charges $0 $0 $0 $0
Other Revenue $0 $0 $0 $0
TOTAL ESTIMATED REVENUE $1,480 $116 $1,845 $2,858
INTERFUND TRANSFERS IN $0 $0 $0 $0
ESTIMATED FUNDS AVAILABLE $1,480 $116 $1,845 $2,858
FUND BALANCE
7/1/19 $69,677 $4,436 $115,071 $162,533
TOTAL FUNDS AVAILABLE $71,157 $4,552 $116,916 $165,391
APPROPRIATIONS
Operating Budget $0 $0 $0 $0
Capital Outlay $0 $0 $0 $0
Capital Improvements $0 $0 $0 $0
Capital Improvements
TOTAL APPROPRIATIONS $0 $0 $0 $0
INTERFUND TRANSFERS OUT $0 $0 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $0 $0 $0 $0
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS
ESTIMATED FUND BALANCE 6/30/20 $71,157 $4,552 $116,916 $165,391
Available Fund Balance 6/30/20 $71,157 $4,552 $116,916 $165,391
Agency Funds
2019-20
Preliminary Budget
CITY OF HERMOSA BEACH BUDGET SUMMARY
9 Exhibit A
BAYVIEW
DRIVE EQUIPMENT
RESERVE INSURANCE REPLACEMENT TOTAL
FUND FUND FUND (MEMORANDUM
619 705 715 ONLY)
ESTIMATED REVENUE
Taxes $0 $0 $0 $31,969,804
Licenses/Permits $0 $0 $0 $1,215,677
Fines/Forfeitures $0 $0 $0 $2,135,049
Use of Money/Property $380 $0 $0 $3,024,905
Intergovernmental/State $0 $0 $0 $2,557,148
Intergovernmental/County $0 $0 $0 $28,557
Intergovernmental/Federal $0 $0 $0 $121,800
Current Service Charges $0 $2,707,639 $1,909,392 $13,187,883
Other Revenue $0 $0 $0 $2,045,889
TOTAL ESTIMATED REVENUE $380 $2,707,639 $1,909,392 $56,286,712
INTERFUND TRANSFERS IN $0 $0 $0 $2,268,717
ESTIMATED FUNDS AVAILABLE $380 $2,707,639 $1,909,392 $58,555,429
FUND BALANCE
7/1/19 $14,693 $3,073,205 $9,135,772 $43,340,162
TOTAL FUNDS AVAILABLE $15,073 $5,780,844 $11,045,164 $102,263,746
APPROPRIATIONS
Operating Budget $0 $2,837,360 $1,772,183 $45,760,366
Capital Outlay $0 $0 $401,629 $885,919
Capital Improvements- Prior Year $0 $0 $196,361 $12,653,963
Capital Improvements $0 $0 $0 $7,464,782
TOTAL APPROPRIATIONS $0 $2,837,360 $2,370,173 $66,765,030
INTERFUND TRANSFERS OUT $0 $0 $0 $2,268,717
TOTAL APPROPRIATIONS/TRANSFERS OUT $0 $2,837,360 $2,370,173 $69,033,747
DEBT SERVICE PAYMENT $790,212
ADJUST FUND BALANCE FOR $401,629 $401,629
FIXED ASSET ADDITIONS 2
ESTIMATED FUND BALANCE 6/30/20 $15,073 $2,943,484 $9,076,620 $32,841,416
Designated Building Maintenance Funds $628,441
Investment in Fixed Assets $5,328,650
Assigned reserve for Police Department Radio Equipment/South Bay $86,020
Interoperability Project. Anticipate completion in 2019-20
Available Fund Balance 6/30/20 $15,073 $2,943,484 $3,033,509 $16,241,045
Agency Fund Internal Service Funds
2019-20
Preliminary Budget
CITY OF HERMOSA BEACH BUDGET SUMMARY
10 Exhibit A