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HomeMy WebLinkAboutTC Res 2013-06-19 (2)RESOLUTION NO. 18 -2013 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. 2014 WHEREAS, the Town Council conducted a Public Hearing concerning the proposed Municipal Budget Plan for fiscal year 2014 at its regularly scheduled meeting on Wednesday, June 5, 2013; 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 2014; 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 $9,441,795 Expenditures 9,347,919 Total Operating Net: $ 93,877 Section 1 a. Operating Revenue Appropriation — Estimated Revenues and Sources of Funds for fiscal year 2014 GENERALFUND Property Taxes $ 4,289,150 Other Taxes 1,183,000 Franchise Fees 606,147 Fines & Forfeitures 2371469 Investment Earnings 31,300 Intergovernmental & Agency 791400 Licenses & Permits 8481350 Charges for Services 3241800 Other Revenues 101,750 Subtotal General Fund Revenues $ 7,7011366 OTHER FUNDING SOURCES Low /Moderate Housing Fund 211190 Town Owned Housing Fund 71,310 Pagel of 4 Peninsula Library Agency 1,426,179 Police COPS /SLESF Fund 100,000 Cypress Hollow Fund 161)750 Long Range Planning Fund 1051000 Total Revenues & Sources $9,4419795 Legislative 61,500 Section lb. Operating Expenditures Appropriation — Planned Department expenditures for fiscal year 2014: Page 2 of 4 AMOUNT ADMINISTRATION Town Attorney $ 2651439 Town Administration 1,037,193 Administration Building 2241300 Legislative 61,500 COMMUNITY DEVELOPMENT Planning & Design Review $ 4881)950 Building Inspection 531,277 Advanced Planning 105,000 POLICE Police Department $2,979,192 Police Building 641)300 PUBLIC WORKS Administration $ 343,987 Streets Maintenance 482,448 Parks Maintenance 410,955 Street & Signal Light Maintenance 401100 Corporation Yard 81,300 Cypress Hollow 16,750 NON - DEPARTMENTAL Insurances & JPAs 698,549 Low - Moderate Income Housing 21,190 Town Owned Housing 71,310 Belvedere /Tiburon Library Agency 1,4261179 Total Expenditures: $99349,919 Page 2 of 4 Section 2. Capital Improvement Program — Sources of Funding for Planned Streets, Drainage and Community Development Improvements in fiscal year 2014: Page 3 of 4 SOURCES PROJECTS General Fund 2501000 Infrastructure & Facility Fund 452,500 Gas Tax Fund 1851000 General Fund Streets & Drainage Reserve 5971000 Street Impact Fund 6831000 Measure "A" Funds 901000 General Fund Park Development Fund 5000 STREETS Resurfacing Engineering & Administration $ 7505000 Paradise Drive Maintenance 16500 Contingency Provision 151)000 Traffic Calming Improvements 2000 Subtotal Streets Improvements $ 9505000 DRAINAGE Drainage Improvements 500,000 Subtotal Drainage Improvements $ 500,000 COMMUNITY IMPROVEMENTS Median Improvements — Cecilia Way to Bay Vista — Preliminary Engineering & Design $ 65,000 Railroad Marsh — Preliminary Engineering for Major Dredging in FY 2015 15,000 Undergrounding of Utility Lines — Lyford to San Rafael Avenue — Preliminary Engineering 151000 Undergrounding of Utility Lines — Mar West to Lyford — Construction 4009000 Curb Ramps and Misc. Sidewalk Improvements 1700 Town Hall Carpet Replacement — Upstairs 1500 Town Hall Clock Tower — Replace Clocks 71500 Elephant Rock Pier — Scale and Repaint 105000 Fountain Plaza Maintenance 155000 Blackie's Pasture Parking Lot — Slurry Seal 85000 Blackie's Pasture Frontage Improvements 40,000 Down Town Public Restrooms Renovation 15000 Down Town Marketing Program 301000 Down Town Signage, cross walk, sidewalk 70,000 Page 3 of 4 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 391926 Stewart Drive Assessment District 106,303 Subtotal Community Development Projects 373,311 $ 857 500 212,319 Del Mar 2010 Supplemental Assessment 130,203 Total Capital Improvements $29307,500 $29307,500 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 391926 Stewart Drive Assessment District 106,303 Lyford Cove Assessment District 373,311 Del Mar Valley Assessment District 212,319 Del Mar 2010 Supplemental Assessment 130,203 Total Debt Service $ 8629061 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 special meeting of the Town Council of the Town of Tiburon on June 19, 2013, by the following vote: AYES: COUNCILMEMBERS: Doyle, Fraser, Fredericks, O'Donnell NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: One Vacant Street ATTEST: ,, DIANE CRANE IACOPI, TOWN CLERK EMMETT O'DONNELL, MAYOR TOWN OF TIBURON Pabe 4 of 4