HomeMy WebLinkAboutTC Res 2017-06-21 (7) RESOLUTION NO. 21-2017
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, 2018
WHEREAS, the Town Council conducted a Public Hearing concerning the
proposed Municipal Budget Plan for fiscal year 2018 at its regularly scheduled meeting
on Wednesday, June 7, 2017; 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 2018; 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 $11,752,247
Expenditures 11,566,825
Total Operating Net: $ 185,422
Section 1 a. Operating Revenue Appropriation—Estimated Revenues and
Sources of Funds for fiscal year 2017
GENERAL FUND
Property Taxes $ 5,441,260
Other Taxes 1,647,068
Franchise Fees 710,000
Fines & Forfeitures 129,000
Investment Earnings 100,100
Intergovernmental & Agency 93,324
Licenses & Permits 992,100
Charges for Services 375,200
Other Revenues 121,040
Subtotal General Fund Revenues $ 9,609,091
OTHER FUNDING SOURCES
Low/Moderate Housing Fund 33,033
Town Owned Housing Fund 87,078
Town Council Resolution No. 21-2017 Adopted June 21, 2017 Page 1 of 5
Peninsula Library Agency 1,758,545
Police COPS/SLESF Fund 125,000
Cypress Hollow Fund 16,500
Long Range Planning Fund 25,000
Gas Tax 40,000
Measure "A" Sales Tax Parks 58,000
Total Revenues & Sources $11,752,247
Section lb. Operating Expenditures Appropriation—Planned Department
expenditures for fiscal year 2018:
AMOUNT
ADMINISTRATION
Town Attorney $ 291,000
Town Administration 1,202,123
Administration Building 216,776
Legislative 85,250
COMMUNITY DEVELOPMENT
Planning & Design Review $ 573,963
Building Inspection 661,912
Advanced Planning 25,000
POLICE
Police Department $3,276,517
Police Building 65,532
PUBLIC WORKS
Administration $ 568,858
Streets Maintenance 508,259
Parks Maintenance _ 632,172
Street & Signal Light Maintenance 34,000
Corporation Yard _ 116,380
Cypress Hollow 16,500
NON-DEPARTMENTAL
Insurances & JPAs 1,413,927
Low-Moderate Income Housing 33,033
Town Owned Housing 87,078
Belvedere/Tiburon Library Agency 1,758,545
Total Expenditures: $11,566,825
Town Council Resolution No. 21-2017 Adopted June 21, 2017 Page 2 of 5
Section 2. Capital Improvement Program — Sources of Funding for Planned Streets,
Drainage and Community Development Improvements in fiscal year 2018:
SOURCES PROJECTS
General Fund
Infrastructure &Facility Fund 575,000
Gas Tax Fund 229,755
General Fund Streets & Drainage Reserve 1,315,000
Street Impact Fund 375,000
General Fund Park Development Fund 1,400,000
Drainage Impact Fund 30,000
Private Donations 540,000
General Fund Technology 0
Measure "A" Funds - Parks 0
Safe Routes to School Grants 0
Measure "A" Transportation 0
Street Frontage Improvement Fund 0
STREETS
Paradise Drive Foundation Improvements 140,000
Contingency Provision 45,000
Major Pothole Repair Project 330,000
Subtotal Streets Improvements $ 515,000
DRAINAGE
Annual Drainage Improvements 1,100,000
Sugarloaf Slide and Drainage Repair 150,000
Beach Road Drainage 6500
Design - Culvert on Old Rail Trail tS San Rafael
Avenue 30,000
Subtotal Drainage Improvements $1,345,000
COMMUNITY IMPROVEMENTS
Rule 20A and 20B Undergrounding of Utilities
Lyford Dr. to Ned's Way 500,000
Bench Replacement 50,000
Fountain Plaza Lighting and Tree Design 25,000
Railroad Trestle 180,000
McKegney Green Field Improvements 1,800,000
Street Frontage Improvements 49,755
Subtotal Community Development Projects $2,604,755
Town Council Resolution No. 21-2017 Adopted June 21, 2017 Page 3 of 5
Total Capital Improvements $4,464,755 $4,464,755
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
2016 Consolidated Reassessment District $635,965
Total Debt Service $635,965
IT IS FURTHER RESOLVED that the Town Manager may make adjustments
and activities within the budget provided that no increase or diminishment in salaries
result other than that provided by the Town's Personnel System and Master Salary
Program, or as authorized by the Town Council, and provided that no expenditure or
encumbrance contingent on contract agreement, or other engagement requiring approval
of the Town Council shall be made until such contract is first approved by the Town
Council.
Town Council Resolution No. 21-2017 Adopted June 21, 2017 Page 4 of 5
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town
of Tiburon on June 21, 2017, by the following vote:
AYES: COUNCILMEMBERS: Fraser, Fredericks, O'Donnell
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: Two Vacant Se psi
l
JIM FRASFflyIMATOR
TOWN OF I$URON
ATTEST:
EA ST F I, TOWN CLERK
Toles Council Resolution No. 21-2017 Adopted June 21, 2017 Page 5 of 5