HomeMy WebLinkAboutTC Res 2010-06-16RESOLUTION NO. 32-2010
A RESOLUTION OF THE TOWN COUNCIL OF
THE TOWN OF TIBURON ADOPTING A MUNICIPAL
BUDGET PLAN FOR THE TOWN OF TIBURON AND
THE TIBURON REDEVELOPMENT AGENCY FOR
THE FISCAL YEAR ENDING JUNE 30, 2011
WHEREAS, the Town Council conducted a Public Hearing concerning the
proposed Municipal Budget Plan for fiscal year 2011 at it regularly scheduled meetings
of Wednesday, June 2, 2010 and June 16, 2010; 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 2011; 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. Operating Budget Program - The proposed Plan has sufficient
resources to finance the planned expenditures:
Revenues and Funding Sources
$8,575,533
Expenditures
8,575,482
Total Operating Net:
$ 51
Section 1 a. Operating Revenue Appropriation - Estimated Revenues and
Sources of Funds for fiscal year 2011:
GENERAL FUND
Property Taxes
$39467,833
Other Taxes
918,000
Franchise Fees
43700
Fines & Forfeitures
88,000
Investment Earnings
41,200
Intergovernmental & Agency
765,160
Licenses & Permits
837,750
Charges for Services
253,200
Other Revenues
129,000
Subtotal General Fund Revenues
$699379143
OTHER FUNDING SOURCES
Low/Moderate Housing Fund
249725
Page 1 of 5
Town Owned Housing Fund
59,500
Peninsula Library Agency
1,363,715
Police COPS/SLESF Fund
100,000
Cypress Hollow Fund
15,450
Long Range Planning Fund
75,000
Total Revenues & Sources
$895759533
Section lb. Operating Expenditures Appropriation - Planned Department
expenditures for fiscal year 2011:
AMOUNT
ADMINISTRATION
Town Attorney
$ 335,513
Town Administration
904,735
Administration Building
198,300
Legislative
39,500
COMMUNITY DEVELOPMENT
Planning & Design Review
$ 447,479
Building Inspection
481,161
Advanced Planning
75,000
POLICE
Police Department
$2,687,789
Police Building
7300
PUBLIC WORKS
Administration
$ 29108
Streets Maintenance
463,601
Parks Maintenance
376,640
Street & Signal Light Maintenance
375400
Corporation Yard
835400
Cypress Hollow
15,450
NON-DEPARTMENTAL
Insurances & JPAs
6165275
Low-Moderate Income Housing
24,725
Town Owned Housing
595500
Belvedere/Tiburon Libra Agency
1,363,715
Total Expenditures:
$8,575,482
Page 2 of 5
Section 2. Capital Improvement Program - Sources of Funding for Planned Streets,
Drainage and Community Development Improvements in fiscal year 2011:
SOURCES
PROJECTS
Del Mar Assessment District
4963831700
Infrastructure & Facility Fund
344,300
Circulation System Improvement Fund
15,000
Gas Tax Fund
230,000
General Fund Streets & Drainage Reserve
496,000
Drainage Impact Fund
1503,000
General Fund Open Space Management Reserve
50,000
Street Impact Fund
414,000
Lon Range Planning
35,000
Measure A Funds
86,000
General Fund Park Development Fund
75,000
Land & Water Conservation Grant
1879500
Local Agency Contributions
1699500
Capital Equipment Reserve
30,000
Cypress Hollow Fund
5,000
TAM Grant
314,000
STREETS
Resurfacing Engineering & Administration
$ 7305000
Traffic Safety Improvements
20,000
Subtotal Streets Improvements
$ 7509000
DRAINAGE
Drainage Improvements
150,000
Subtotal Drainage Improvements
$ 1505000
COMMUNITY DEVELOPMENT
Del Mar Valley Utility Undergrounding
4586000
Sidewalk & Curb Ramps (ADA Compliance)
20,000
Railroad Marsh Maintenance
25,000
Fountain Plaza Major Maintenance
5,000
HVAC Upgrades (Town Hall)
105000
Downtown Master Plan
35,000
Parkin Improvements Tib. Blvd./L ford Dr.
785,000
License Plate Reader Cameras
130,000
Open Space Vegetation Clearance
40,000
Open Space Management Plan (Consultant)
10,000
Blackie's Pasture - Town Sign
10,000
Recreation Master Plan
505000
Median Maintenance
209000
Belveron Mini-Park Restoration
20,000
Page 3 of 5
Lyford's Tower - Rebuild Outer Wall
20,000
Blackie's Pasture - Repave Parkin Lot
20,000
Multi Use Path Maintenance
20,000
Town Hall - Repaint Back Fence & Generator
500
Cypress Hollow Landscape Renovations
5,000
Ned's Way Recreation Facility
250,000
Subtotal Community Development Projects
$6,340,000
Total Capital Improvements
$792409000
$792409000
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
39,659
Stewart Drive Assessment District
110,193
Tiburon Public Facilities Financing Authority
17,300
Via Capistrano Assessment District
17,316
Lyford Cove Assessment District
2611011
Del Mar Valley Assessment District
273,770
Total Debt Service
$ 7199249
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 2011.
Redevelopment General Increment Fund:
AMOUNT
Revenues & Sources
$ 0
Expenditures
29000
Transfer Out
$
Total Operating Net
$ (2,000)
Redevelopment Agency Housing Set-Aside Fund:
AMOUNT
Revenues & Sources
$ 12,500
Expenditures
31500
Total Operating Net
$ 9,000
Page 4 of 5
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
of Tiburon on June 16, 2010, by the following vote:
AYES:
COUNCILMEMBERS:
Collins, Fraser, Fredericks, O'Donnell, Slavitz
NOES:
COUNCILMEMBERS :
None
ABSENT:
COUNCILMEMBERS:
None
41CHARD COLLINS, MAYOR
TOWN OF TIBURON
ATTEST:
?-4-
DIANE CRANE I , OPI, TOWN CLERK
Page 5 of 5