HomeMy WebLinkAboutAgenda Report - July 1, 1992 (53)or
CITY of LoDi
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AGENDA TITLE: Continuation of 1992-93 City Budget Presentation
MEETING DATE: July 1, 1992
PREPARED BY: City Manager
RECOMMENDED ACTION= That the City Council continue its review of the
1992-93 Operating Budget as deemed appropriate.
BACKGROUND INFORMATION:
FUNDING= None required
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CCCOM529/TXTA.07A
This item appears on this agenda to afford the City
Council to continue budget review if it so chooses.
Respectfully submitted,
Thomas A. Peterson
City Manager
APPROVED
THOMAS A PETERSON _ ecyciea paper
RESOLUTION NO. 92-117
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A RESOLUTION OF THE LODI CITY COUNCIL
ADOPTING AN OPERATING BUDGET FOR THE SUPPORT OF VARIOUS DEPARTMENTS
OF THE CITY OF LODI AND A UTILITY OUTLAY BUDGET FOR THE FISCAL YEAR
BEGINNING JULY 1, 1992 AND ENDING JUNE 30, 1993
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RESOLVED. BY THE LODI CITY COUNCIL, that the City Council hereby
adopts an operating budget for the support of various departments of
the City of Lodi and a Utility Outlay Budget for the fiscal year
beginning July 1, 1992 and ending June 30, 1993, as set forth below:
OPERATING BUDGETS
SUMMARY OF THE BUDGET
1992-93
ESTIMATED FINANCING RESOURCES
OPERATING REVENUES
Property Taxes
Sales Tax
Other Taxes
Licenses, Fines h Rent
Interest
Revenue from Other Agencies
Charges for Current Services
Other Revenues
Water Sales & Fees
Sewer Charges
Electrical Sales
inter -Fund Transfers
Total
CONTRIBUTIONS FROM OTHER FUNDS
Hotel/Motel Fund
Library Reserve
Total
TOTAL ESTIMATED FINANCING RESOURCES
RES92117/TXTA.02J
$ 5,574,740
5,044,000
464,000
863,680
603,725
3,155,705
4,902,720
317,020
2,772,315
3,184,700
34,436,560
1,287,050
$62,606,215
$ 204,805
28.625
$ 233,430
$62,839,645
ESTIMATED REQUIREMENT
OPERATING EXPENSE
Personnel Lervices $21,954,330
Utilities & Transportation 1,855,590
Materials & Supplies 4,080,480
Depreciation 318,900
Equipment, Land & Structures 300,045
Special Payments 5.907.300
Sub -Total Operating Expenses $34,416,645
Bulk Power Purchase $25,500,000
Total $59,916,645
CONTRIBUTIONS TO OTHER FUNDS AND RESERVES
Equipment Fund $ 229,520
Water Capital- 728,750
Water Operating Reserve 22,460
General Fund Operating Reserve 100,300
Wastewater Capital Fund 274,160
Utility Outlay Reserve 1,299,585
PL & PD Insurance Fund 268.225
Total S 2,923,000
TOTAL ESTIMATED REQUIREMENTS 9.645
Dated: July 1, 1992
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I hereby certify that Resolution No. 92-117 was passed and
adopted by the Lodi City Council in a regular meeting held July 1, 1992
by the following vote:
Ayes: Council Members - Hinchman, Sieglock, and Snider
Noes= Council Members Pinkerton (Mayor)
Absent: Council Members - Pennino
Aiice M. Reimche
City Clerk
92. 117
RES92117/TXTA.02J