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Home My WebLink AboutTC Res 2003-06-18 (4) > ~ RESOLUTION NO. 23-2003 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON ADOPTING A MUNICIPAL BUDGET PLAN FOR THE TOWN OF TffiURON AND THE TffiURON REDEVELOPMENT AGENCY FOR THE FISCAL YEAR ENDING JUNE 30. 2004 WHEREAS, the Town Council conducted a Public Hearing concerning the proposed Municipal Budget Plan for fiscal year 2004 at it regularly scheduled meetin~ of Wednesday, June 4, 2003 and on Wednesday June 18,2003; and WHEREAS, the Town Council now fmds 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 2004; 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 r-' sufficient resources to finance the planned expenditures: I L $6,377,712 6,228,714 $ 148,998 Section la General Fund Operation Revenue Appropriation - Estimated Revenues and Sources of Funds for fiscal year 2004 ,.-., GENERAL FUND ProDertV Taxes $2,007,000 Other Taxes 1,049,000 Franchise Fees 355,000 Fines & Forfeitures 199,000 . Investment Earnimzs 97,000 Interl!ovemmental & Al!encv 225,300 Licenses & Permits 783,200 Charoes for Services 289,100 Other Revenues 65,500 Subtotal General Fund Revenues $5,070,100 OTHER FUNDING SOURCES Emolovee Comoensated Leave $ 29,800 ~ ~ Low/Moderate HOUSinll Fund 55,950 Peninsula Librarv Allencv 850,000 Lonn Danne P Fund 182,288 Police COPS/SLESF Fund 189,574 Total Revenues & Sources $6,377,712 Section lb. General Fund Expenditures Appropriation - Planned Department expenditures for fiscal year 2004: [~ AMOUNT ADMINISTRATION Town Attornev $ 148,313 Town Administration 861,267 Administration Buildirn! 60,600 Non-Denartmental 905,950 Legislative 37,400 COMMUNITY DEVELOPMENT Planninl! & Desim Review $ 386,088 Buildinl! Imroection 382,231 Advance Planninll 184,632 POLICE Police Denartment $2,155,148 Police Buildirn! 41,230 PUBLIC WORKS Administration $ 275,963 Streets Maintenance 388,422 Parks Maintenance 288,970 Street & Simal Lil!ht Maintenance 41,400 Corporation Yard 71,100 Total Expenditures: $6,228,714 I""' ~ r-- Section 2. Capital Improvement Program - Sources of Funding for Planned Streets, Drainage and Community Development Improvements in fiscal year 2004: \ I""' SOURCES PROJECTS Circulation Svstem Improvement Fund 151,000 Gas Tax Fund 174,700 General Fund Streets & Drainage Reserve 270,000 Marsh Restoration Fund 32,000 RZH & Per Canita Grants 35,000 Parks In-Lieu Fund 87,000 Prooertv DeveloDDlent Tax Fund 22,000 Public Arts Fund 100,000 Street Impact Fund 282,000 General Fund Infrastructure & FacilitY 75,000 Safe Routes to School Grant 30,000 General Fund 15,800 PW Comoration Yard Improvement Fund 25,000 STREETS Resurfacing $ 295,000 Engineering & Administration 151,700 Intersection Improvements 181,000 Subtotal Streets Improvements $ 627,700 DRAINAGE Tavlor Road (iiJ. Paradise Drive $ 20,000 Soanish Trail Surface Drainage Improvements 60,000 Benton Court Storm Drain 20,000 Old Landing Road near Paradise Drive 50,000 Railroad Marsh Imnrovements 67,000 Juno Road Curb & Gutter 45,000 Linda Vista Curb & Gutter 5,000 Contiru!:encv Renairs 25,000 Tiburon Blvd. (ii). Beach Road 15,000 Catch Basin Renairs 15,000 Preparation of Plans / Soecification 25,000 Subtotal e Improvements $ 347,000 COMMUNITY DEVELOPMENT Ferrv Plaza Bike Rack Installation $ 2,800 Shoreline Park Waste Receotacles 27,000 Town Hall Imnrovements 97,000 Blackie's Pasture Irrigation U es 15,000 South of Knoll Park Restrooms 17,000 Repair / Replace Multi-Use Path Surface 20,000 rl"'""' I I f-:- . r--.. South of Knoll Parks Pia Fountain Plaza Bench R lacement Fountain Plaza Public Art Pro' ect R lace Tiburon Blvd. Street Li t Shades Public Works Co ration Yard Master Plan Subtotal Community Development Projects 1,000 10,000 100,000 10,000 25,000 $324,800 l $1,299 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: r--.. BOND ISSUE AMOUNT Gilmartin Drive Refundinl! District $ 271,430 Hillhaven Und=undinl! Assessment District 45,506 Linda Vista Underl!l'Oundinl! District 7,503 Main Street Assessment District 38,500 Pt. Tiburon Communitv Facilities District 129,100 Stewart Drive Assessment District 105,900 Tiburon Public Facilities Financinl! Authority 187,531 Via Canistrano Assessment District 16,425 Total Debt Service $ 801,895 " k- 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 2004. Redevelopment General Increment Fund: Revenues & Sources Ex ditures Total tin Net Redevelopment Agency Housing Set-Aside Fund: i~ AMOUNT Revenues & Sources $ 12,500 Expenditures 6,000 Total Operatinl! Net $ 6,500 r' l 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. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town ofTiburon on June 18,2003, by the following vote: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: Berger, Fredericks, Gram, Slavitz, Thompson None rT"' i I \--- A~f~ DIANE CRANE IACOPI, TOWN CLERK ~~ JEF Vi, R ! I""'