HomeMy WebLinkAboutTC Res 2020-07-01 R�SOLUTION NO. 28-2020
A R�SOLUTION OF TH� TOWN COUNCIL OF
THE TOWN OF TIBURON ADOPTING A MUNICIPAL
BUDGL;T PL�N FOR TH� TOWN OF TIBURON FOI2
'I'HI: FISCAL YEAR TNDING JUN� 30, 2021
WHEREAS. the Tow» Council conducted a Public I-Iearing concerning the
proposed Municip�l B��dget Plan for Fiscal Year 2020-2021 at its regularly scl�edliled
meeting on Wednesday, July 1, 2020; and
WHEKEAS. the Town Cotnlcil now finds that the proposed Municipal Budget
Plan, as estim�ted, provides for all appropr.iate municipal purpos�s and services with
ctu�rent fund(s) and resources and estimated revenues for fiscal yeai•2021; and
NOW, THEREFORE, BE IT RESOLVED; that the proposed Municipal Budget
Plan appropriates revenues and other sources of funds for expenditures associated with
operatioi�s, capital outlays, capital inlprovements, and debt service, in the followinb �
air�ounts:
Section 1. Operating �3udget Prograrn - The proposed Plan has sufficie�It
resources to fi�lance the planned expenditures:
Revenues and Fu»ding Soui-ces $12,812,582
Ex cnditures 12,811,630
Total O erating Net: $ 952.00
Section l a. Operating Revenue Appropriation—Estiinated Revenues and
Sources of Funds for fiscal year 2021:
GENERAI, FUND AMOUNT
1'roperty Taxcs 6,315.635
Other Taaes 1.110.136
Franchise Fees 729.897
I�ines & Forfeitures 100.000
Ii7vestment Earnings 285,000
Intergovernmental & A��eilcy 282;844
Licenses & Per�i�its 873.250
Charges for Services 496.500
Other Revenues 97.005
Subtotal General Fund Revenucs 10,290,267
OTHER FUNDING SOURCES
Se1f=Instai-ance Kesei-ve 125.000
P«�e 1 qJ�
Toirn Cozmcr!Resolirtio��Na 28-2020 07/O1'2020
Low/Moderate Housinb Ftmd 23,552
�Tov�%n Owned Housing Fw1d 113,700
Peninsula Libraiy Agei�cy 1;730.219
Long Range Planning Fund 355.000
Street Impact Fuiid 50.000
Gas Ta� 40.000
Measure ``A" Sales Tax Parks 68,344
Park Develop»�ent & OKT
Cypi-ess Hollow Fund 16_500
Sub Total Other Funding Sources 2,522,315
Total Re��enues & Sources $12,812,582
Section 1 b. Operatinb Expenditures Appropriation—Planned Department
expendittu-es for fiscal year 2021:
ADMINISTRATION AMOtJNT
Town Administration 1.336.522
Town Attorney 356,000
Legislative 80_550
Administration Building 254,250
Cf)MMUIVITY DE���.OPME1o1T'
Planning & Design Review 618.028
Building Inspection 659,793
Advancc:d Planning 355.000
POLIC�
Police Departnlent 3,679.767
Police Building 70,600
PU}3LIC �'ORKS
Ad�ninistration 586.885
Sti-eets Mai7�tenance 678_300
Parks Maintenance 768_077
Street & Sibnal Light Maintenance 36_000
Coiporation Yard 89_l00
Cypress Hollow� l 6.500
NON-DLPARTM�NTAL
Insurances & JPAs 1,358_788
Low-Modei-ate Income Hotlsing 23,552
Town Owned Housing 113,700
Belvedere/Tibul•on Lihrary Agency ],730.219
� Total E�penditures: $12,811,632
Pnge 2 oJ��
Toi-a��Cotrncil KesohNior�No. 28-20'0 07/01/2020 �
�� Section 2. Capit�l Iniprovenlent Probram— Sources of Funding for Planned Streets_
� Drainage and Community Developtl�ent Improvenlents in fiscal year 2021:
SOURC�S PROJECTS
General Fund 30,000
GF Streets & Drainage Resel•ve 455,000
State Uas Tax 793,862
UF Park Development Pund 20,000
Street Impact Ftiuld 1,461,191
GF Ii�fi-astructtn-e & Fac�lities �0,000
Measure "A" T�-ansportation 50,000
TAM SR2S Grant 68,000
STRE�TS
Annual Pavement Management 1.461.191
Program '
Subtotal Strcets Improvernents � 1,461,191
�)��Ir1�G�
Anntaal Drainage Impl•ovements 350,000
Culvert on Old Rail Trail cr San
Rafael Avenue 30,000
Subtotal Drainage Improvements 380,000
COMMUNITY IMPROVEMENTS
Hawthorne Under�rounding General
Benefit � 30,000
Railroad Marsl� Basin Rehabilitation 75.000
Ann�ial Pedestrizn Impi•ove�nents 25,000
Annual Bicycle Improvements 25,000
C1ass III Bikeway-Greenwood Beach 10,000
Safe Routes to School-Del Mar 68.000
Town Hall HVAC Rel�abilitation 40,000
OR7�� Maintena»ce & Rehabilitation 696,930
Theater Parlc Tennis Court
Rehabilitation 20,000
Traftic Si�nal Upgrades 52,000
Street Frontage Improvements 34,932
Subtotal Community
Develo ment Pro'ects 1,076,862
� Total Capital lmprovements $2,918,053 $2,918,053
Puge 3 q��=l �
Toi��»Coirncil Resol2�tion No. 28-2020 07/UI/2020
� Section 3. Debt Service Progran� —Planned Debt Service and relatcd eYpenses for
� special assessment. com�ntu�ity facilities districts, and general obligation bo�1d issues of
tl�e Town �re as previo��sly planned:
BOND ISSUE AMOUNT
2016 Consolidated Reassessment District 647_189
"IPFA 20]6 Refui�diil� Revenue Bonds 645,480
Vii-giilia Undergroiuld District_ Series A 40,000
Virginia Underground District. Series B 41,863
Total Debt Service $1,374,531
IT IS FURTH�R RESOLV�D that the Town Manager may makc adjustments
and activities within the budget provided that no increase or diminishment in salaries
result other than tl��t provided by the To�n's Persarinel System and Master Salaiy
Prograin, or as �uthorized by the Town Council, and provided that no expenditure or
encumbrance conti»�ent on contl-act agreenlent, or other engageinent i•equiring approval
oi�tl�e Town Council shall be ulade 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 July 1, 2020, by the following vote:
1�YES: COUNCILMEMBERS: Fredericks, Kulik, Ryan, Tl�ier, Welner
NOES: COUNCILMEMBERS: None
,
.-L����--''.-� ,,%'' _° ;� �
�ALICE FR�D� CKS, MAYOR
TOWN OF TIBURON
�Tz��sfr:
�
� ; -4
LEA ,' � �P NI. TOWN CLERK
Page�l�f�-�
Toi-vr� Co�mcil Resolution No. 2b'-2020 0-/01/2020 �