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HomeMy WebLinkAboutCC Resolution 14312 (City Operating Budget FY2016-17)RESOLUTION NO. 14312 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN RAFAEL ADOPTING AMENDMENTS TO THE 2016-2017 BUDGET WHEREAS, on June 6, 2016, the City Council approved Resolution 14131 adopting the fiscal year 2016-2017 budget; and WHEREAS, the changes in available funding sources and operational needs require adjustments to some City budgets; and WHEREAS, on December 19, 2016, the City Council received an interim report from City staff on the status of the City's fiscal activities and approved Resolution 14256 amending the fiscal year 2016-2017 budget; and WHEREAS, it is the intention of this Council to review recommendations from staff regarding the City's financial condition, including revenue projections and available resources and provide funding for various ongoing, capital and other service needs; and WHEREAS, after examination, deliberation and due consideration, the City Council has approved the staff report and recommendations, and directs the City Manager to proceed with the implementation of these recommendations. NOW, THEREFORE, BE IT RESOLVED, by the San Rafael City Council that Resolution 14131 for fiscal year 2016-2017 is further amended to decrease total general fund revenues to $73,688,000 as presented on Exhibit I Table I, decrease general fund expenditures to $70,367,047 and decrease general fund capital transfers out to $3,900,000 as presented on Exhibit I Table 11. Further, the Resolution is amended to increase other fund revenues to $45,517,271 reduce transfers in to $6,589,491 and increase expenditures to $63,763,201 as presented on Exhibit I Table III. These changes result in City-wide General Fund appropriations of $76,053,138 and other fund appropriations of $66,048,904 as summarized on Exhibit I Table IV. I, ESTHER C. BEIRNE, Clerk of the City of San Rafael, hereby certify that the foregoing resolution was duly and regularly introduced and adopted at a regular meeting of the Council of said City on Monday, the 17th of April 2017, by the following vote, to wit: AYES: COUNCILMEMBERS: Bushey, Colin, Gamblin, McCullough & Mayor Phillips NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None atj�L_ 'ems ESTHER C. BEIRNE, City Clerk WACouncil Materia l\Resolutions\2016\City\Amend City budget 16-17-9month.doc TABLE I CHANGES TO GENERAL FUND REVENUES AND OTHER SOURCES TABLE II CHANGES TO GENERAL FUND EXPENDITURES AND OTHER USES Adopted Budget FY Approved General Fund 2016-17 Changes Revenues 74,513,000 775,000 (Transfers in 1,212,520 169,783 IFY16-17 Sources 75,725,520 944,783 IFY15-16 Rollover - 140,923 Total Resources 75,725,520 1,085,706 TABLE II CHANGES TO GENERAL FUND EXPENDITURES AND OTHER USES TABLE III CHANGES TO OTHER FUNDS Adopted Budget FY Approved General Fund 2016-17 Changes Expenditures 69,731,979 1,925,758 (Transfer out 1,936,091 (150,000) (Transfer out-CIP 4,040,000 (40,000) Total Appropriation 75,708,070 1,735,758 TABLE III CHANGES TO OTHER FUNDS TABLE IV CITY-WIDE APPROPRIATION SUMMARY Adopted Budget FY Approved Other Funds 2016-17 Changes Revenues 42,689,466 116,488 Transfers in 6,176,091 513,400 FYI6-17Sources 48,865,557 629,888 FY15-16 Rollover 106,262,975 248,627 FYI5-16CIP Carry Over 9,768,360 (Total Resources 48,865,557 10,646,875 1 Expenditures 49,111,963 14,412,673 (Transfer out 1,412,520 873,183 (Total Appropriation 50,524,483 15,285,856 1 (Net Results (1,658,926) (4,638,981) TABLE IV CITY-WIDE APPROPRIATION SUMMARY W1:11:1111111111 Current Budget Proposed Changes Revised Budget 75,288,000 Adopted Budget FY Approved All Funds 2016-17 Changes (General Fund 75,708,070 1,735,758 (Other Funds 50,524,483 15,285,856 (Less interfund (19,969,579) Net Expenditures 106,262,975 W1:11:1111111111 Current Budget Proposed Changes Revised Budget 75,288,000 (1,600,000) 73,688,000 1,382,303 1,382,303 76,670,303 (1,600,000) 75,070,303 140,923 140,923 76,811,226 (1,600,000) 75,211,226 Current Budget Proposed Changes Revised Budget 71,657,737 (1,290,690) 70,367,047 1,786,091 1,786,091 4,000,000 (100,000) 3,900,000 77,443,828 (1,390,690) 76,053,138 Current Budget Proposed Changes Revised Budget 42,805,954 2,711,317 6,689,491 (100,000) 49,495,445 2,611,317 248,627 9,768,360 59,512,432 2,611,317 63,524,637 238,564 2,285,703 - 65,810,340 238,564 (6,297,907) 2,372,753 Current Budget Proposed Changes 77,443,828 (1,390,690) 65,810,340 238,564 17,021,614 123,284,588 (1,152,126) 45,517,271 6,589,491 52,106,762 248,627 9,768,360 62,123,749 63,763,201 2,285,703 66,048,904 (3,925,154) Revised Budget 76,053,138 66,048,904 122,132,462