HomeMy WebLinkAboutTC Res 2014-06-18 (8)RESOLUTION NO. 24-2014
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 30.2015
WHEREAS, the Town Council conducted a Public Hearing concerning the
proposed Municipal Budget Plan for fiscal year 2015 at its regularly scheduled meetings
on Wednesday, June 4, 2014 and June 18, 2014; 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 2015; 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
$9,888,889
Expenditures
9,699,299
Total Operating Net:
$ 189,590
Section 1 a. Operating Revenue Appropriation — Estimated Revenues and
Sources of Funds for fiscal year 2015
GENERALFUND
Property Taxes
$ 4,432,233
Other Taxes
1,430,979
Franchise Fees
653,398
Fines & Forfeitures
144,750
Investment Earnings
27,250
Intergovernmental & Agency
91,000
Licenses & Permits
905,350
Charges for Services
351,800
Other Revenues
121,700
Subtotal General Fund Revenues
$ 8,158,460
OTHER FUNDING SOURCES
Low/Moderate Housing Fund
21,190
Town Owned Housing Fund
71,310
Pagel of 5
. L
Peninsula Library Agency
1,426,179
Police COPS /SLESF Fund
100,000
Cypress Hollow Fund
16,750
Long Range Planning Fund
95,000
Total Revenues & Sources
$9,888,889
Legislative
41,500
Section lb. Operating Expenditures Appropriation — Planned Department
expenditures for fiscal year 2015:
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AMOUNT
ADMINISTRATION
Town Attorney
$ 270,926
Town Administration
1,104,642
Administration Building
269,800
Legislative
41,500
COMMUNITY DEVELOPMENT
Planning & Design Review
$ 511,084
Building Inspection
577,972
Advanced Planning
95,000
POLICE
Police Department
$3,040,371
Police Building
62,300
PUBLIC WORKS
Administration
$ 351,098
Streets Maintenance
471,247
Parks Maintenance
434,950
Street & Signal Light Maintenance
40,100
Corporation Yard
85,700
Cypress Hollow
16,750
NON - DEPARTMENTAL
Insurances & JPAs
807,180
Low - Moderate Income Housing
21,190
Town Owned Housing
71,310
Belvedere/Tiburon Library Agency
1,426,179
Total Expenditures:
$9,699,299
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Section 2. Capital Improvement Program — Sources of Funding for Planned Streets,
Drainage and Community Development Improvements in fiscal year 2015:
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SOURCES
PROJECTS
General Fund Unallocated Reserve
271,000
General Fund Infrastructure & Facility Reserve
390,000
Gas Tax Fund
317,200
General Fund Streets & Drainage Reserve
610,000
Street Impact Fund
665,000
Measure "A" Funds - Streets
117,000
General Fund Park Development Reserve
30,000
General Fund Technology Reserve
50,000
Measure `B" VLF Funds
55,000
Measure "A' Open Space
52,000
Community Donations
117,000
STREETS
Resurfacing Engineering & Administration
$ 750,000
Paradise Drive Foundation Maintenance
140,000
Contingency Provision
15,000
Traffic Calming Improvements
20,000
Subtotal Streets Improvements
$ 925,000
DRAINAGE
Annual Storm Drain Flushing
100,000
Drainage Improvements
225,000
Subtotal Drainage Improvements
$ 325,000
COMMUNITY IMPROVEMENTS
Median Improvements — Cecilia Way to Bay
Vista — Construction/Inspection
$ 390,000
Railroad Marsh — JARPA Permit Fees
10,000
Railroad Marsh — Vegetation Removal &
Dredging
40,000
Rule 20B Undergrounding of Utility Lines —
Lyford to San Rafael Avenue — Construction
390,000
Trail Head Fencing — Gilmartin Middle Ride
20,000
Open Space Vegetation Management
26,000
Speed Survey -
15,000
Curb Ramps and Misc. Sidewalk Improvements
17,000
Town Council Audio/Video Improvements
50,000
Dairy Knoll Access Pathway
50,000
Old Rail Trail Maintenance (New DG Path @
Lyford Parkin Lot
100,000
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Rehab Pathway near Trestle Berm
AMOUNT
13,500
Rehab Pathway near RBSD
Stewart Drive Assessment District
10,000
Rehab Pathway at South Knoll Park
373,311
3,700
Teather Park — New Irrigation Lines
Del Mar 2010 Supplemental Assessment
30,000
New Waste Receptacles and Benches
$ 862,061
18,000
Tiburon Boulevard Relinquishment (CaITRANS
PSSRRe ort)
88,000
Tiburon Boulevard Relinquishment
(Cost/Benefit Analysis)
45,000
Down Town Improvements (Signage, Cross
Walks )
110,000
ORT Vegetation Removal
25,000
Subtotal Community Development Projects
$1,414,200
Total Capital Improvements
$2,664,200
$2,664,200
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
Main Street Assessment District
39,926
Stewart Drive Assessment District
106,303
Lyford Cove Assessment District
373,311
Del Mar Valley Assessment District
212,319
Del Mar 2010 Supplemental Assessment
130,203
Total Debt Service
$ 862,061
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.
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PASSED AND ADOPTED at a special meeting of the Town Council of the Town
of Tiburon on June 18, 2014, by the following vote:
AYES: COUNCILMEMBERS: Doyle, Fraser, Fredericks, O'Donnell, Tollini
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
ALICE FREDERICKS, MAYOR
TOWN OF TIBURON
ATTEST O
DIANE CRANE IACOPI, TOWN CLERK
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