HomeMy WebLinkAboutTC Res 2018-06-20 (3) RESOLUTION NO. 26-2018
A RESOLUTION OF THE TOWN COUNCIL OF
THE TOWN OF TIBURON ADOPTING A MUNICIPAL
BUDGET PLAN FOR THE TOWN OF TIBURON FOR
THE FISCAL YEAR ENDING JUNE 30,2019
WHEREAS, the Town Council conducted a Public Hearing concerning the
proposed Municipal Budget Plan for fiscal year 2019 at its regularly scheduled meeting
on Wednesday, June 6, 2018; and
WHEREAS, the Town Council now finds that the proposed Municipal Budget
Plan, as estimated, provides for all appropriate municipal purposes and services with
current fund(s) and resources and estimated revenues for fiscal year 2019; and
NOW, THEREFORE, BE IT RESOLVED; that the proposed Municipal Budget
Plan appropriates revenues and other sources of funds for expenditures associated with
operations, capital outlays, capital improvements, and debt service, in the following
amounts:
Section 1. Operating Budget Program - The proposed Plan has sufficient
resources to finance the planned expenditures:
Revenues and Funding Sources $12,499,259
Expenditures 12,361,425
Total Operating Net: $ 137,834
Section Ia. Operating Revenue Appropriation—Estimated Revenues and
Sources of Funds for fiscal year 2017
GENERAL FUND
Property Taxes $ 5,824,784
Other Taxes 1,634,876
Franchise Fees 995,900
Fines & Forfeitures 96,008
Investment Earnings 738,000
Intergovernmental &Agency 410,800
Licenses & Permits 200,050
Charges for Services 116,000
Other Revenues 123,633
Subtotal General Fund Revenues $ 10,140,050
OTHER FUNDING SOURCES
Low/Moderate Housing Fund 23,374
Town Owned Housing Fund 91,567
Tiburon Town Council Resolution No.26-2018 06/20/2018 Page I 1
Peninsula Library Agency 1,908,900
Police COPS/SLESF Fund 180,000
Cypress Hollow Fund 23,000
Long Range Planning Fund 20,000
Gas Tax 40,000
Measure "A" Sales Tax Parks 72,368
Total Revenues & Sources $12,499,259
Section lb. Operating Expenditures Appropriation—Planned Department
expenditures for fiscal year 2019:
AMOUNT
ADMINISTRATION
Town Attorney $ 346,500
Town Administration 1,277,034
Administration Building 210,416
Legislative 106,750
COMMUNITY DEVELOPMENT
Planning& Design Review $ 626,221
Building Inspection 672,069
Advanced Planning 20,000
POLICE
Police Department $3,411,889
Police Building 72,500
PUBLIC WORKS
Administration $ 590,392
Streets Maintenance 536,511
Parks Maintenance 761,461
Street& Signal Light Maintenance 36,000
Corporation Yard 106,780
Cypress Hollow 23,000
NON-DEPARTMENTAL
Insurances & JPAs 1,540,062
Low-Moderate Income Housing 23,374
Town Owned Housing 91,567
Belvedere/Tiburon Library Agency 1,908,900
Total Expenditures: $12,361,425
Tiburon Town Council Resolution No.26-2018 06/20/2018 Page 2
Section 2. Capital Improvement Program—Sources of Funding for Planned Streets,
Drainage and Community Development Improvements in fiscal year 2019:
SOURCES PROJECTS
General Fund
GF Streets & Drainage Reserve $1,126,500
Gas Tax Fund 190,755
RMRA Funding 53,693
GF Park Development Fund 1,565,000
Street Impact Fund 1,582,126
Drainage Impact Fund 30,000
GF Infrastructure & Facilities 674,000
GF Unallocated 500,000
GF Corporation Yard 30,000
Special Assessment 1,683,000
Private Donations 400,000
Measure "A" Transportation 114,000
Technology Fund 0
Measure "A" Open Space 0
Grant Funding 0
Street Frontage Improvement Fund 0
STREETS
Annual Pavement Management Program $ 1,395,819
Paving Hawthorne Undergrounding District 47,000
Slurry Seal Virginia 8,000
Main Street Seawall 30,000
Contingency Provision 45,000
LED Street Tights 30,000
2020 Paradise Drive 140,000
Stewart Drive Study 15,000
Subtotal Streets Improvements $ 1,710,819
DRAINAGE
Annual Drainage Improvements $1,000,000
Beach Road Drainage 126,500
Culvert on Old Rail Trail @ San Rafael Avenue 30,000
Subtotal Drainage Improvements $1,156,500
Tiburon Town Council Resolution No.26-2018 06/20/2018 Page 13
COMMUNITY IMPROVEMENTS
Hawthorne Undergrounding General Benefit $500,000
Virginia Undergrounding 1,683,000
Ferry Dock Pile Replacement 180,000
Police Department- EOC Flooring 39,000
Police Department - EOC Painting 5,000
Solar Array 260,000
Public Works Corporation Yard Design 30,000
Elephant Rock 170,000
Shoreline Park Pathway Lights 180,000
Blackie's Pasture Storage Building 20,000
McKegney Green 1,965,000
Street Frontage Improvements 49,755
Subtotal Community Development Projects $5,081,755
Total Capital Improvements $7,949,074 $7,949,074
Section 3. Debt Service Program—Planned Debt Service and related expenses for
special assessment, community facilities districts, and general obligation bond issues of
the Town are as previously planned:
BOND ISSUE AMOUNT
2016 Consolidated Reassessment District $646,471
Total Debt Service $646,471
IT IS FURTHER RESOLVED that the Town Manager may make adjustments
and activities within the budget provided that no increase or diminishment in salaries
result other than that provided by the Town's Personnel System and Master Salary
Program, or as authorized by the Town Council, and provided that no expenditure or
encumbrance contingent on contract agreement, or other engagement requiring approval
of the Town Council shall be made until such contract is first approved by the Town
Council.
Tiburon Town Council Resolution No.26-2018 06/20/2018 Page 14
PASSED AND ADOPTED at a special meeting of the Town Council of the Town
of Tiburon on June 20, 2018, by the following vote:
AYES: COUNCILMEMBERS: Fraser, Fredericks, Kulik, Thier, Welner
NAY: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None i
I
JIM FRASEA OR
%tRONTOWN OF
ATTEST:
�P
LEA STEFA . I, TOWN CLERK
Tiburon Town Council Resolution No.26-2018 06/20/2018 Page 5