HomeMy WebLinkAboutTC Res 2019-06-19 (6) RESOLUTION NO. 23-2019
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, 2020
WHEREAS. the Town Council conducted a Public Hearino concerning the
proposed Municipal Budget Plan for fiscal year 2020 at its regularly scheduled meeting
on Wednesday, June 5, 2019; 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 2020: 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 $12,737.688 _
Expenditures 12.610.252
Total Operating Net: $ 127.436
Section 1 a. Operating Revenue Appropriation — Estimated Revenues and
Sources of Funds for fiscal year 2020:
GENERAL FUND
Property Taxes $6.042.474
Other Taxes
1.684.397
Franchise Fees _ 712.652 --
Fines & I orfeitures 1 10.000
_-_.— --------- ---___--...-----
InvestmT260.050
ent Earnings
Intergovernmental & Agency ')86.994
Licenses & Permits ! 917.943
Charges for Services _ 424.211
Other Rev enues139.846
Subtotal General Fund Revenues $10.578.568
OTHER 1 UNDING SOURCES
Low/Moderate Housing Fund 23.324
"Down ONv ned Housing Fund 102.340
- -- ---
Pauc, lofl
I-Own C'oimcil Resulailion ,�Vo. 23-2019 06/19/2019
Peninsula Library Agency _ 1..716.415
Longo Range Planning Fund 165.0_00
Gas Tax 40.000 - --
Measure "A" Sales Tax Parks 75.54_1
Park Development & ORT 20.000
Cypress Hollow Fund 16,500
Total Revenues & Sources $2.159.120
Section 1 b. Operating Expenditures Appropriation-Planned Department
expenditures for fiscal year 2020:
AMOUNT
ADMINISTRATION
Town Administration $1,262.434
Town Attorney 356.500
Legislative 83.550
Administration Building 236.776
COMMUNITY DEVELOPMENT
Planning & Design Review $565.357
Building Inspection 74_1,286
Advanced Planning 165.000
POLICE _
Police Dep:artment — $3.595.287
Police Building 72.502
PUBLIC WORKS
Administration -- - ------.--.-- $694;437
Streets Maintenance 562.189
--- -- --.....-_.....
Parks Maintenance 783.263
Street & Signal Light Maintenance 36.000
Corporation Yard 113.030
-- - ---- _ ---
Hollow 16.500
_NON-DEPARTMENTAL
Insurances & JPAs 1.484.061
Low-Moderate Income Housinl 23.324
Town Owned Housin( 102.340
Belvedere/Tiburon Library Agency l.716.415
Total Expenditures: _ S12,610,252
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Town Council Re.solirlion No. 23-2019 00,1119/2019
Section 2. Capital Improvement Program — Sources of Fundinc, for Planned Streets.
Drainage and Community Development Improvements in fiscal year 2020:
SOURCES PROJECTS
General Fund
GF Streets & Drainage Reserve $1,000,000
Gas Tax Fund 1,100,455
GF Park Development Fund 73,000
Street Impact Fund 281,955
_Drainage Impact Fund 30,000 _
GF Unallocated 158,740 _
GF Corporation Yard 115,000
STREETS
Annual Pavement Management Program _ $200,000
Paving Hawthorne Under roundin Distrlet 31.385
Slurry Seal Virginia 5..570 _
Vistazo/Paradise Slide Repairs 510.700
Contingency Provision 45,000
2020 Paradise Drive 140.000
Subtotal Streets Improvements $932.655
DRAINAGE
Annual Drainage Improvements $1.000.000
Culvert on Old Rail Trail c San Rafael Avenue 30.000
Subtotal Drainage Improvements $1,030,000
COMMUNITY IMPROVEMENTS _
Hawthorne Undergrounding General Benefit $10_4.740__ _
Public Works Corporation Yard Design __ 1 15.000
OR_I_Path_Repairs - _ -- 400.000
ORT Bike Station 33.000
ORT Fixture Maintenance 40.000
Main Street Bollards _ 54.000
Street Frouta<oc Improvements __ 49.755
Subtotal Community Development Projects $796.495
Total Capital Improvements 52,759,150 $2,759,150
Section 3. Debt Service Program—Planned Debt Service and related expenses 1`61-
special
orspecial assessment. community facilities districts, and general obligation bond issues of
the Town are as previously planned:
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Town Council Resolzulion No. 23-2019 06119/2019
BOND ISSUE AMOUNT
2016 Consolidated Reassessment District $644,382
TPFA 2016 Refunding Revenue Bonds 645,616
Virginia Underground District, Series A 10,600
Virginia Underground District, Series B 34,071
Total Debt Service $1,334,669
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.
PASSED AND ADOPTED at a special meeting of the Town Council of the Town
of Tiburon on Tune 19, 2019, by the following vote:
AYES: COUNCILMEMBERS: Fraser, Fredericks, Kulik. Thier, Wehner
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
DAVID KLJLIK. MAYOR
TOWN OF TIBIJRON
ATTEST:
LEA STEFA/NI, TOWN CLERK
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Tolviu Council Resolution No. 23-2019 061'1912019