HomeMy WebLinkAboutTC Res 1996-07-17
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RESOLUTION NO. 3175
A RESOLUTION OF THE TOWN COUNCIL
OFTHETOWNOFTIBURON
ADOPTING A MUNICIPAL BUDGET PLAN
FOR THE FISCAL YEARS ENDING
JUNE 30TH 1997 & 1998
WHEREAS, the Town Council conducted Public Hearings concerning the proposed Two- Year
Municipal Budget Plan for Fiscal Years 1997 and 1998 on June 19th and July 3rd, 1996; and
WHEREAS, the Town Council now finds that the proposed Two-Year Municipal Budget Plan, as
reviewed and amended, provides for all appropriate municipal purposes and services within
current fund(s) resources and estimated revenues for Fiscal Years 1997 and 1998; and
NOW, THEREFORE IT IS RESOLVED: that the proposed Municipal Budget Plan, as amended,
appropriates operating revenues, other sources of funds, and expenditures associated with
operations, capital improvements and debt service in the following amounts:
A. General Fund Revenue Appropriation
Revenue Annronriation FY 1997 FY 1998
1 As Prooosed June 1996 3,252,700 3,300,000
2 Amendments
Less: ERAF Rebate (42,000) (42,000)
Total Revenue Aoorooriation: $3,210,700 $3,258,000
B. General Fund Expenditure Appropriation
Exnenditure Annronriation FY 1997 FY 1998
I As Prooosed June 1996 3,287,700 3,289,500
2 Amendments
Less: Community Development Personnel Adj. (20,700) (28,400)
Add: Public Works Streets Equioment A11w Adi 2,800 2,800
Total Expenditure Appropriation:
$3,269,800 I $3,263,900 I
Resolution continues.
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General Operating Fund Appropriation
Annrooriation FY 1997 FY 1998
1 Fund Balance, Opening Julv 1st 868,700 919,100
2 Estimated Revenues 3,210,700 3,258,000
3 Estimated Expenditures (3,269,800) (3,263,900)
4 Other Sources - PERS Surplus 109,500 0
Fund Balance, Closing June 30th $919,100 $913,200
D. Program Expenditures Appropriation
Propram Aoorooriation FY 1997 FY 1998
1 General Operating Fund 3,269,800 3,263,900
2 Capital Improvements Program
Streets Improvements 213,000 187,000
Drainage Improvements 137,000 10,000
Community Development Improvements 2,656,100 3,300
3 Debt Service Program 2,002,401 2,007,984
Total Program Expenditure Appropriations:
$8,278,3011 $5,472,1841
and is hereby approved and adopted as Tiburon's Municipal Budget Plan for the Fiscal Years
ended June 30th 1997 and 1998, and all expenditures, encumbrances, transfers and appropriations
set forth therein are also approved; and
IT IS FURTHER RESOLVED: that the Town Manager may make adjustments and activities
within the budget provided that no increases 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, agreement, or other engagement is first approved by the Town Council.
Resolution continues.
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PASSED AND ADOPTED, at a regular meeting of the Town Council of the Town ofTiburon on
July 17, 1996, by the following vote:
AYES:
NOES:
ABSENT:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
AITE'( /..J.. I 71
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DIANE L. CRANE, TOWN CLERK
Ginalski, Hennessy, Thayer, Thompson
Wolf
None
BY:
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NICKY WO , MAYOR
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