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Home My WebLink AboutTC res 2002-06-19 (5) . --- RESOLUTION NO. 36-2002 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON ADOPTING A MUNICIPAL BUDGET PLAN FOR THE TOWN OF TlBURON AND THE TIBURON REDEVELOPMENT AGENCY FOR THE FISCAL YEAR ENDING JUNE 30. 2003 WHEREAS, the Town Council conducted a Public Hearing concerning the proposed Municipal Budget Plan for fiscal year 2003 at it regularly scheduled meeting of Wednesday, JuneS, 2002 and on Wednesday June 19,2002; 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 2003; 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, debt services, and the Redevelopment Agency in the following amounts: Section 1. General Fund Operating Budget Program - The proposed Plan has r--. sufficient resources to finance the planned expenditures: Revenues and Funding Sources $6,338,925 Expenditures 5,881,171 Total Ooeratinl! Net: $ 457,754 Section la. General Fund Operation Revenue Appropriation - Estimated Revenues and Sources of Funds for fiscal year 2003 --- GENERAL FUND PropertY Taxes $1,801,000 Other Taxes 1,092,000 Franchise Fees 335,000 Fines & Forfeitures 190,000 Investment Earninl!s 133,000 Intergovernmental & Agencv 494,700 Licenses & Permits 800,000 Charl!es for Services 313,800 Other Revenues 60,000 Subtotal General Fund Revenues $5,219,500 OTHER FUNDING SOURCES Emolovee Compensated Leave $ 19,000 Page 1 of5 ""' Low/Moderate Housinl! Fund 34,413 Peninsula Library Al!ency 772,200 Lonl! Ranee Planninj;( Fund 153,953 Police COPSISLESF Fund 138,859 Total Revenues & Sources $6,338,925 Section 1 b. General Fund Expenditures Appropriation - Planned Department expenditures for fiscal year 2003: r--. AMOUNT ADMINISTRATION Town Attorney $ 151,559 Town Administration 798,251 Administration Buildinl! 68,100 Non-Departmental 806,613 Lecislative 29,200 COMMUNITY DEVELOPMENT Planninl! & Desien Review $ 379,170 Buildinl! Inspection 384,494 Advance Planninl! 153,044 POLICE Police Department $2,022,892 Police Building 34,600 PUBLIC WORKS Administration $ 261,407 Streets Maintenance 368,355 Parks Maintenance 296,886 Street & Sienal Lieht Maintenance 44,900 Corporation Yard 81,700 Total Expenditures: $5,881,171 - Page 2 of5 r--- Section 2. Capital Improvement Program - Sources of Funding for Planned Streets, Drainage and Community Development Improvements in fiscal year 2003: r--. SOURCES PROJECTS ABAG Trails Grant $ 60,000 Circulation Svstem Improvement Fund 151,000 Gas Tax Fund 55,000 PW Corp Yard Improvement Fund 25,000 General Fund Streets & Drainage Reserve 145,000 RZH & Per Capita Grants 67,000 Parks In-Lieu Fund 27,000 Property Development Tax Fund 30,000 State Proposition 116 Grant 670,000 Public Arts Fund 100,000 Street Impact Fund 430,000 Traffic Congestion Relief Fund 60,000 STIP Grant 122,000 Safe Routes to School Grant 72,000 Clean Air Grant 8,100 Tiburon Playground Improvement Fund 6,000 General Fund 167,700 STREETS Resurfacing $ 520,000 Engineering 215,000 Intersection Improvements 260,000 Subtotal Streets Improvements $ 995,000 DRAINAGE Taylor Road (tv, Paradise Drive $ 20,000 Old Landing Road near Paradise 50,000 Railroad Marsh Improvements 67,000 Juno Road Curb & Gutter 45,000 Linda Vista Curb & Gutter 5,000 Contingency Repairs 25,000 Subtotal Drainage Improvements $ 212,000 COMMUNITY DEVELOPMENT Ferry Dock Access Improvements $ 697,000 Trestle Glen BicycleIPedestrian Study 60,000 PW Corporation Yard Master Plan 25,000 Town Hall Alternations & Improvements 65,000 GASB34 Compliance 75,000 South of Knoll Park Restrooms 17,000 Town Hall, Police Dept., Library Signs 1,800 "....... Page 3 of5 ,........ South of Knoll Parks Plaveround Impvts. 6,000 Fountain Plaza Bench Replacement 10,000 Fountain Plaza Public Art Proiect 100,000 ADA Curb Cuts 32,000 Subtotal Community Development Projects $1,088,800 Total CaDital ImDrovements $2,295,800 Section 3. Debt Service Program - Planned Debt Service and relates expenses for special assessment, community facilities districts, and general obligation bond issues of the Town are as previously planned: /"" BOND ISSUE AMOUNT Gilmartin Drive Refunding District $ 267,738 Hillhaven UndereTounding Assessment District 41 ,298 Linda Vista UndereTounding District 6,930 Main Street Assessment District 36,883 Pt. Tiburon Community Facilities District 505,960 Stewart Drive Assessment District 89,604 Tiburon Public Facilities Financinll Authority 673,933 Via Capistrano Assessment District 15,267 Total Debt Service $1,637,613 Section 4. Redevelopment Agency Budget Plan - The following tables provide overview information for the general increment and Housing Set-Aside Funds of the Redevelopment Agency in fiscal year 2003. Redevelopment General Increment Fund: AMOUNT Revenues & Sources $ 2,200 Expenditures 4,500 Total Operating Net ($ 2,300) Redevelopment Agency Housing Set-Aside Fund: AMOUNT Revenues & Sources $ 185,000 Expenditures 16,000 Total Onerating Net $ 169,000 -- Page 4 of5 r' BE IT 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 reqniring approval of the Town Council shall be made until such contract is first approved by the Town Council. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Tiburon on June 19,2002, by the following vote: AYES: NOES: ABSENT: COUNCILMEMBERS: COUNCILMEMBERS: COUNCILMEMBERS: Berger, Fredericks, Gram, Thompson None laviiz --- "....... Page 5 of5