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HomeMy WebLinkAboutTC Res 2016-06-15RESOLUTION NO. 15-2016 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, 2017 WHEREAS, the Town Council conducted a Public Hearing concerning the proposed Municipal Budget Plan for fiscal year 2017 at its regularly scheduled meeting on Wednesday, June 1, 2016; 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 2017; 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 $11,092,307 Expenditures 10, 83 8,457 Total Operating Net: $ 253,850 Section la. Operating Revenue Appropriation — Estimated Revenues and Sources of Funds for fiscal year 2017 GENERAL FUND Property Taxes $ 5,140,705 Other Taxes 1,585,614 Franchise Fees 700,000 Fines & Forfeitures 124,500 Investment Earnings 41,350 Intergovernmental & Agency 103,617 Licenses & Permits 977,600 Charges for Services 337,400 Other Revenues 113,310 Subtotal General Fund Revenues $ 9,124,096 OTHER FUNDING SOURCES Low/Moderate Housing Fund 33,126 Town Owned Housing Fund 109,603 Page 1 of 5 Peninsula Library Agency 1,627,982 Police COPS/SLESF Fund 100,000 Cypress Hollow Fund 16,500 Long Range Planning Fund 48,000 Measure "A" Sales Tax Parks 33,000 Total Revenues & Sources $11,092,307 COMMUNITY DEVELOPMENT Section lb. Operating Expenditures Appropriation — Planned Department expenditures for fiscal year 2017: Page 2 of 5 AMOUNT ADMINISTRATION Town Attorney $ 290,000 Town Administration 1,130,489 Administration Building 192,600 Legislative 74,750 COMMUNITY DEVELOPMENT Planning & Design Review $ 567,454 Building Inspection 614,166 Advanced Planning 48,000 POLICE Police Department $3,314,358 Police Building 64,600 PUBLIC WORKS Administration $ 445,809 Streets Maintenance 505,039 Parks Maintenance 581,001 Street & Signal Light Maintenance 40,100 Corporation Yard 95,800 Cypress Hollow 16,500 NON -DEPARTMENTAL Insurances & JPAs 1,187,081 Low -Moderate Income Housing 33,126 Town Owned Housing 109,603 Belvedere/Tiburon Library Agency 1,627,982 Total Expenditures: $10,838,457 Page 2 of 5 Section 2. Capital Improvement Program — Sources of Funding for Planned Streets, Drainage and Community Development Improvements in fiscal year 2017: Page 3 of 5 SOURCES PROJECTS General Fund Infrastructure & Facility Fund 442,000 Gas Tax Fund 227,000 General Fund Streets & Drainage Reserve 295,000 Street Impact Fund 45,000 Measure "A" Funds - Parks 40,000 General Fund Park Development Fund 325,000 General Fund Technology 50,000 Drainage Impact Fund 140,000 Safe Routes to School Grants 118,000 Private Donations 125,000 Measure "A" Transportation 125,000 Street Frontage Improvement Fund 30,000 STREETS Paradise Drive Foundation Improvements 140,000 Contingency Provision 45,000 Traffic Calming Improvements 20,000 Blackfield Dr/Tiburon Blvd., Crossing Impvts. 125,000 Subtotal Streets Improvements $ 330,000 DRAINAGE Storm Drain Improvements Mariner Way and Others TBD 250,000 Storm Drain Flushing/CCTV Video 130,000 Consulting — Culvert on Old Rail Trail @ San Rafael Avenue 10,000 Subtotal Drainage Improvements $ 390,000 COMMUNITY IMPROVEMENTS Railroad Marsh Cattail Removal $ 45,000 Hacienda Drive Trail Improvements & Signage 125,000 Rule 20A and 20B Undergrounding of Utilities Lyford Dr. to Ned's Way 427,000 Ferry Terminal Walk Way Improvements 125,000 Curb Ramps and Misc. Sidewalk Improvements 20,000 Police Facility Carpeting 15,000 Town Council Chambers A/V Improvements 50,000 Page 3 of 5 Railroad Trestle Trail AMOUNT 165,000 McKegney Green Design Phase Stewart Drive Assessment District 200,000 Pt. Tiburon Bayside Steps & Path Easement Purchase 273,916 15,000 Las Lomas Path Maintenance Del Mar 2010 Supplemental Assessment 10,000 Resurface Teather Park Tennis Courts $ 762,713 15,000 Street Frontage Improvements New Morning Cafe Project 30,000 Subtotal Community Development Projects $1,242,000 Total Capital Improvements $1,962,000 $1,962,000 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 39,189 Stewart Drive Assessment District 105,503 Lyford Cove Assessment District 273,916 Del Mar Valley Assessment District 214,979 Del Mar 2010 Supplemental Assessment 129,128 Total Debt Service $ 762,713 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. Page 4 of 5 PASSED AND ADOPTED at a special meeting of the Town Council of the Town of Tiburon on June 15, 2016, by the following vote: AYES: COUNCILMEMBERS: Doyle, Fraser, Fredericks, O'Donnell, Tollini NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None ERIN TOLLINI, MAYOR TOWN OF TIBURON ATTEST: DIANE CRANE IACOPI, TOWN CLERK Page 5 of 5