HomeMy WebLinkAboutTC Res 2012-06-20RESOLUTION NO. 20-2012
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, 2013
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 6, 2012; 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 2013; 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
$8,882,981
Expenditures
818091500
Total Operating Net:
$ 73,481
Section 1 a. Operating Revenue Appropriation - Estimated Revenues and
Sources of Funds for fiscal year 2012
GENERAL FUND
Property Taxes
$ 41189,092
Other Taxes
11080,925
Franchise Fees
5931,587
Fines & Forfeitures
113,500
Investment Earnings
39,500
Intergovernmental & Agency
45,500
Licenses & Permits
810,250
Charges for Services
2901600
Other Revenues
99,785
Subtotal General Fund Revenues
$7,262,739
OTHER FUNDING SOURCES
Low/Moderate Housing Fund
24,725
Town Owned Housing Fund
6200
Peninsula Library Agency
1,384,167
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Police COPS/SLESF Fund 100,000
Cypress Hollow Fund 16,750
Long Range Planning Fund 3200
F Total Revenues & Sources $ 8,882,981
Section 1 b. Operating Expenditures Appropriation - Planned Department
expenditures for fiscal year 2012:
AMOUNT
ADMINISTRATION
Town Attorney
$ 243,121
Town Administration
968,646
Administration Building
199,300
Legislative
41,500
COMMUNITY DEVELOPMENT
Planning & Design Review
$ 4741304
Building Inspection
5111460
Advanced Planning
32,000
POLICE
Police Department
$2,868,681
Police Building
64,300
PUBLIC WORKS
Administration
$ 30609
Streets Maintenance
479,616
Parks Maintenance
379,589
Street & Signal Light Maintenance
371400
Corporation Yard
841600
Cypress Hollow
16,750
NON-DEPARTMENTAL
Insurances & JPAs
629,852
Low-Moderate Income Housing
24,725
Town Owned Housing
62,600
Belvedere/Tiburon Library Agency
11)3841167
Total Expenditures:
$8,809,500
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Section 2. Capital Improvement Program -Sources of Funding for Planned Streets,
Drainage and Community Development Improvements in fiscal year 2013:
SOURCES
PROJECTS
Del Mar Assessment District
1,200,000
Infrastructure & Facility Fund
1,915,000
General Fund Public Works Corp Yard Reserve
501000
Gas Tax Fund
101000
General Fund Streets & Drainage Reserve
9931000
Drainage Impact Fund
10000
General Fund Open Space Management Reserve
251)000
Street Impact Fund
1,043,000
Measure "A" Funds
8600
City of Belvedere Contribution
30000
General Fund Park Development Fund
821500
TAM Grant
314,000
General Fund Unallocated Reserve
30000
STREETS
Resurfacing Engineering & Administration
$ 111155000
Traffic Safety Improvements
101000
Subtotal Streets Improvements
$ 11125,000
DRAINAGE
Drainage Improvements
100,000
Subtotal Drainage Improvements
$ 100,000
COMMUNITY DEVELOPMENT
Del Mar Valley Utility Undergrounding
1,200,000
Sidewalk & Curb Ramps (ADA Compliance)
1700
Recreation Facility at Ned's Way
212151000
Parking Improvements @ Tib. Blvd./Lyford Dr.
1,250,000
Downtown Vitalization Implementation Program
10000
Downtown Vitalization Improvements
150,000
Open Space Vegetation Clearance
25,000
Way Finding Signage Program
50,000
Public Works Corp Yard Improvements
501000
Racoon Lane Handrail Improvement
1500
Rehab Pedestrian Bridge on MUP near PD
10,000
Railroad Marsh Vegetation Removal
4000
Street Light Replacement Shoreline Park
20,000
Donahue Parking Lot Slurry Seal
71000
Elephant Rock Parking Lot Slurry Seal
71000
Blackie's Pasture Restroom Upgrade
15,000
Shoreline Park Rip-Rap
151000
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McKegney Green Turf Renovation 71500
Subtotal Community Development Projects $51193,500
Total Capital Improvements $6,418,500 $6,418,500
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
39,312
Stewart Drive Assessment District
108,339
Lyford Cove Assessment District
3731347
Del Mar Valley Assessment District
211,113
Del Mar 2010 Supplemental Assessment
130,450
Total Debt Service
$ 862,561
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 regular meeting of the Town Council of the Town
of Tiburon on June 20, 2012, by the following vote:
AYES: COUNCILMEMBERS: Collins, Doyle, Fraser, FVedericks, O'Donnell
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
ATTEST:
DIANE CRANE IACOPI, TOWN CLERK
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