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Home My WebLink AboutRES-95-5750 (BUDGET/ADOPT 95-96)1 2 3 4 5 6 7 s 9 10 11 12 13 14 15 16 17 1s 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 95-5750 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA ADOPTING THE BUDGET FOR THE FISCAL YEAR 1995-96 WHEREAS, a budget for the fiscal year 1995-96 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 1995-96 Fiscal Year as presented in the documents entitled "City of Hermosa Beach Budget Summary 1995-96", as amended by the City Council through June 30, 1995, and attached as "Exhibit A". PASD, PJZQVED, and AD9 T D this 27th day of June, 1995. of the City Council, and MAYOR of the City of Hermosa Beach, California ATTEST: CITY CLERK VED TO FORM CITY ATTORNEY -1- l4m� BEACH BUDGET SUMMARY 1995-96 GENERAL FUND DOWNTOWN 001 ESTIMATED REVENUE Taxes $7,516,247 Licenses/Permits $159,187 Fines/Forfeitures $110,000 Use of Money/Property $383,847 Intergovernmental/State $704,168 Intergovernmental/County $0 Intergovernmental/Federal $0 Current Service Charges $559,275 Other Revenue $24,321 TOTAL ESTIMATED REVENUE $9,457,045 INTERFUND TRANSFERS IN $1,464,700 ESTIMATED FUNDS AVAILABLE $10,921,745 ESTIMATED FUND BALANCE $0 7/1/95 $1,697,817 TOTAL FUNDS AVAILABLE $12,619,562 APPROPRIATIONS $221,368 Operating Budget $10,018,545 Capital Outlay $103,200 ,,-.,Capital Improvements $0 DOTAL APPROPRIATIONS $10,121,745 INTERFUND TRANSFERS OUT $800,000 TOTAL APPROPRIATIONS/ $10,921,745 TRANSFER OUT $0 ESTIMATED FUND BALANCE $1,697,817 6/30/96 $0 *DESIGNATED FOR: $0 AFFORDABLE HOUSING $111,831 CONTINGENCIES $1,519,475 (includes ICRMA Premium) $2,234 DISASTER PREPAREDNESS $6,847 PROCEEDS -LOT SWAP $59,664 .............. 6/22/95 $1,697,817 �� ITY OF HERMOSA BEACH BUDGET SUMMARY 1995-96 LIGHTING DOWNTOWN LANDSCAPING ENHANCEMENT PARKING STATE GAS COUNTY GAS FUND FUND FUND TAX FUND TAX FUND 105 109 110 115 120 $549,463 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $950,000 $0 $0 $61,256 $221,368 $14,585 $20,993 $453 $0 $0 $0 $333,162 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 SO $0 $919,000 $0 $0 $0 $40 $2,234 $0 $0 $610,719 $221,408 $1,885,819 $354,155 $453 $0 $0 $0 $0 $0 $610,719 $221,408 $1,885,819 $354,155 $453 $887,450 $1,058,153 $1,376,410 $204,239 $98,894 $1,498,169 $1,279,561 $3,262,229 $558,394 $99,347 $581,057 $122,801 $818,906 $1,167 $10 $35,680 $0 $20,850 $0 $0 $34,000 $289,730 $0 $203,072 $89,299 $650,737 $412,531 $839,756 $204,239 $89,309 $37,000 $2,350 $1,063,623 $354,155 $0 $687,737 $414,881 $1,903,379 $558,394 $89,309 $810,432 $864,680 ** $1,379,700 *** $0 $10,038 ** DESIGNATED FOR ***RESERVES LAND ACQUISITION $14,846 $105,000 FIXED ASSETS FIXED ASSETS $1,364,854 $614,885 RESERVED FOR IMPROVEMENTS $144,795 CITY OF HERMOSA BEACH BUDGET SUMMARY 1995-96 ESTIMATED FUND BALANCE PROP A PARK REC UUT RR RIGHT 6% UU TOTAL FUNDS AVAILABLE OPEN SPACE FD FAC TAX FUND OF WAY FUND FUND Operating Budget 121 125 126 12 ESTIMATED REVENUE $1,483,467 NOTAL APPROPRIATIONS $1,483,467 Taxes $0 $0 $975,418 Licenses/Permits $0 $0 $0 Fines/Forfeitures $0 $0 $0 Use of Money/Property $5,932 $8,889 $49,920 Intergovernmental/State $0 $0 $0 Intergovernmental/County $1,658,000 $0 $0 Intergovernmental/Federal $0 $0 $0 Current Service Charges $0 $0 $0 Other Revenue $0 $3,500 $0 TOTAL ESTIMATED REVENUE $1,663,932 $12,389 $1,025,338 INTERFUND TRANSFERS IN $0 $0 $0 ESTIMATED FUNDS AVAILABLE $1,663,932 $12,389 $1,025,338 ESTIMATED FUND BALANCE PROP A 7/1/95 $9071141 TOTAL FUNDS AVAILABLE $2,571,073 APPROPRIATIONS FUND Operating Budget $0 Capital Outlay $0 Capital Improvements $1,483,467 NOTAL APPROPRIATIONS $1,483,467 INTERFUND TRANSFERS OUT $0 TOTAL APPROPRIATIONS/ $1,483,467 TRANSFER OUT $0 ESTIMATED FUND BALANCE $1,087,606 6/30/96 $4,086 `..r✓ T COMM DEV 7 PROP A PROP C GRANT BLK GRANT FUND FUND FUND 140 145 146 150 $0 $216,234 $157,997 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $4,086 $7,886 $0 $0 $0 $0 $90,000 $0 $0 $0 $335,415 $0 $152,691 $0 $0 $0 $0 $15,500 $0 $0 $0 $502 $0 $0 $0 $152,691 $236,322 $165,883 $425,415 $0 $0 $0 $0 $0 $0 $152,691 $236,322 $165,883 $425,415 $32,399 $2,654,026 $487,559 $0 $38,503 $46,650 $114,290 $44,788 $3,679,364 $487,559 $152,691 $274,825 $212,533 $539,705 $351 $0 $0 $0 $237,540 $0 $0 $0 $0 $0 $0 $0 $0 $0 $35,000 $616,025 $0 $152,691 $0 $200,000 $425,415 $0 $35,351 $616,025 $0 $1521691 $237,540 $200,000 $425,415 $0 $0 $0 $0 $0 $0 $0 $35,351 $616,025 $0 $152,691 $237,540 $200,000 $425,415 $9,437 $3,063,339 $487,559 $0 $37,285 $12,533 $114,290 ESTIMATED REVENUE Taxes Licenses/Permits Fines/Forfeitures Use of Money/Property Intergovernmental/State Intergovernmental/County IntergovernmentaL/Federal Current Service Charges Other Revenue TOTAL ESTIMATED REVENUE INTERFUND TRANSFERS IN ESTIMATED FUNDS AVAILABLE ESTIMATED FUND BALANCE 7/1/95 TOTAL FUNDS AVAILABLE APPROPRIATIONS Operating Budget Capital Outlay Capital Improvements ,,, IOTAL APPROPRIATIONS INTERFUND TRANSFERS OUT TOTAL APPROPRIATIONS/ TRANSFER OUT ESTIMATED FUND BALANCE 6/30/96 CITY OF HERMOSA BEACH BUDGET SUMMARY 1995-96 AIR QUALITY CR GRD SEWER ASSET FORF FIRE INSURANCE IMP FUND FUND FUND FUND PROTECTION FUND TOTAL 152 155 160 170 180 705 SO $97,829 $0 $0 $0 $0 $9,513,188 s0 s0 $0 $0 $0 $0 $159,187 $0 $0 s0 $25,000 $0 $0 $1,085,000 $1,360 $1,389 $186,227 $22,397 $22,478 $131 $1,013,197 $20,700 $0 $0 $0 $0 $0 $1,148,030 $0 $0 $10,000 $0 50 $0 $2,003,415 $0 $0 $0 s0 $0 $0 $152,691 $0 $0 $8,950 $0 $0 $0 $1,502,725 $0 $0 $0 $0 $12,000 $991,482 $1,034,079 $22,060 $99,218 $205,177 $47,397 $34,478 $991,613 $17,611,512 $0 $0 $800,000 $0 $0 SO $2,264,700 $22,060 $99,218 $1,005,177 $47,397 $34,478 $991,613 $19,876,212 $28,715 $12,438 $3,555,851 $232,687 $386,145 $725,590 $14,544,957 $50,775 $111,656 $4,561,028 $280,084 $420,623 $1,717,203 $34,421,169 $3,500 $81,934 $342,677 $0 $100,000 $769,066 $13,077,554 $19,500 $0 $2,750 $80,652 $0 $1,500 $264,132 $0 $0 $3,040,155 $0 $0 $0 $6,568,854 $23,000 $81,934 $3,385,582 $80,652 $100,000 $770,566 $19,910,540 $0 $7,572 $0 $0 $0 $0 $2,264,700 $23,000 $89,506 $3,385,582 $80,652 $100,000 $770,566 $22,175,240 $27,775 $22,150 $1,175,446 * $199,432 $320,623 $946,637 * $12,266,779 *DESIGNATED FOR *DESIGNATED FOR SEWER CONTINGENCY INS CONTINGENY $100,000 $400,000 STATE OF CALIFORNIA COUNTY OF LOS ANGELES CITY OF HERMOSA BEACH I, Naoma Valdes, Deputy City Clerk of the City Council of the City of Hermosa Beach, California, do hereby certify that the foregoing Resolution No. 95-5750 was duly and regularly passed, approved and adopted by the City Council of the City of Hermosa Beach at a Regular Meeting of said Council at the regular place thereof on June 27, 1995. d.., The vote was as follows: AYES: Benz, Edgerton, Oakes, Reviczky, Mayor Bowler NOES: None ABSTAIN: None ABSENT: None DATED: June 29, 1995 Deputy City Clerk N..1