HomeMy WebLinkAboutTC Res 2011-06-07 (3)RESOLUTION NO. 23-2011
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 2012
WHEREAS, the Town Council conducted a Public Hearing concerning the
proposed Municipal Budget Plan for fiscal year 2012 at its regularly scheduled meeting
on Tuesday, June 7, 2011; 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 2012; 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
$855585731
Expenditures
8,558,731
Total Operating Net:
$ -0-
Section 1 a. Operating Revenue Appropriation - Estimated Revenues and
Sources of Funds for fiscal year 2012
GENERAL FUND
Property Taxes
$4,062,353
Other Taxes
95000
Franchise Fees
525,000
Fines & Forfeitures
96,000
Investment Earnings
46,300
Intergovernmental & Agency
73,000
Licenses & Permits
8209250
Charges for Services
283,600
Other Revenues
92,500
Subtotal General Fund Revenues
$6,9499003
OTHER FUNDING SOURCES
Low/Moderate Housing Fund
24,725
Town Owned Housing Fund
62,000
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Peninsula Library Agency
1,363,715
Police COPS/SLESF Fund
0
Cypress Hollow Fund
15,450
Long Range Planning Fund
6000
Street Impact Fund
33,838
State Gas Tax
50,000
Total Revenues & Sources
$ 8,558,731
Section lb. Operating Expenditures Appropriation - Planned Department
expenditures for fiscal year 2012:
AMOUNT
ADMINISTRATION
Town Attorney
$ 243,787
Town Administration
1932,187
Administration Building
196,300
Legislative
39,300
COMMUNITY DEVELOPMENT
Planning & Design Review
$ 452,106
Building Inspection
4815149
Advanced Planning
6000
POLICE
Police Department
$2,773,196
Police Building
65,400
PUBLIC WORKS
Administration
$ 289,463
Streets Maintenance
468,212
Parks Maintenance
377,816
Street & Signal Light Maintenance
37,400
Corporation Yard
76,600
Cypress Hollow
15 450
NON-DEPARTMENTAL
Insurances & JPAs
599,927
Low-Moderate Income Housing
24,725
Town Owned Housing
62,000
Belvedere/Tiburon Library Agency
1,363,715
Total Expenditures:
$8,558,731
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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
40000
Infrastructure & Facility Fund
1,730,000
Circulation System Improvement Fund
15,000
Gas Tax Fund
227,000
General Fund Streets & Drainage Reserve
1,054,000
Drainage Impact Fund
115,000
General Fund Open Space Management Reserve
50,000
Street Impact Fund
200,385
ABAG Grant
85,000
Measure A Funds
130,000
General Fund Park Development Fund
T
105,000
1 ruvl viaiiL 314,000
State Congestion Relief Fund 24,623
r
RDA Contribution 100,000
Prop. 1B Funds 7,992
STREETS
Resurfacing Engineering & Administration $ 490,000
Traffic Safety Improvements 20,000
Subtotal Streets Improvements $ 510,000
DRAINAGE
Drainage Improvements 2151000
Subtotal Drainage Improvements $ 215,000
COMMUNITY DEVELOPMENT
Del Mar Valley Utility Undergrounding
4,821,000
Sidewalk & Curb Ramps (ADA Compliance)
17,000
Blackie's Pasture Overflow Parking Lot Fence
15,000
Resurface DG Path - Multi Use Path
40,000
HVAC Upgrades (Town Hall)
10,000
Downtown Parking & Circulation Study
45,000
Parking Improvements Tib. Blvd./Lyford Dr.
15200,000
Park & Public Way Improvements
15,000
Ned's Way Recreation Facility
1,550,000
Open Space Vegetation Clearance
50,000
Refurbish Ferry Plaza Handrail
201000
Blackie's Pasture Frontage Improvements
15,000
Downtown Restrooms - Refurbish
15,000
Median Rehabilitation -Engineering
10,000
Teather Park/TPC Pedestrian Trail
25,000
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Downtown Small Street Scape Enhancements
5X0
Downtown Marketing & Communication Prog.
25,000
Downtown Way Finding Signage Program
50,000
New Downtown Restroom Feasibility Study
10,000
Downtown Information Station
10,000
Greenwood Beach Road Bay Trail Gap Study
85,000
Subtotal Community Development Projects
$8,033,000
Total Capital Improvements
$897589000
$897589000
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 r
AMOUNT
Main Street Assessment District
39,265
Stewart Drive Assessment District
105,065
Tiburon Public Facilities Financing Authority
17,300
Via Capistrano Assessment District
17,181
Lyford Cove Assessment District
376,409
Del Mar Valley Assessment District
273 770
Del Mar 2010 Supplemental Assessment
1331,321
Total Debt Service
$ 9629311
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.
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PASSED AND ADOPTED at a special meeting of the Town Council of the Town
of Tiburon on June 7, 2011, by the following vote:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
ATTEST:,
-J
Collins, Fraser, Fredericks, O'Donnell, Slavitz
None
None
DIANE CRANE IACOPI, TOWN CLERK
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