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Home My WebLink AboutAgenda Report - July 2, 1986 (59)CONTRIBirIIONS FROM MIER, FUNDS AND RESERVES General Fund Operating Reserve $ 22,800 Library Fund Operating Reserve 39,285 Hotel -Motel Fund 75t000 Total Contributions $ 137,085 TOTAL ESTIMATED FINANCING RESOURCES $37,925,545 OPERATING EXPENSES Personal Seriices $12,239,580 Utilities & Transportation 1,317,115 Materials & Supplies 2,151,520 Depreciation 598,040 Equipment, Land & Structures 195,875 Special Payments 2,720,785 Sub -Total Operating Expenses $19,222,915 Bulk Power Purchase 16,705,000 Total Operating Expenses $35,927,915 CONq'RIBUPIGNS TO 0111FR 1;T-JNDS AND RESERVES Fqui,pirent. '-)zid 172,965 Water ',%tilitv Cz-pital Fund "00'000 Sewt,r C. -p,, --rating Ruserve 38,185 Scv:er Crpital Fw,,d 2,)0,000 ta-bj- z at ini i Reserve 478,600 CITY CDLW-M MEET TW JULY 2, 1986 ADOPTION OF 1986-87 BUDGET Following introduction of the matter by City Manager r9i Peterson and Assistant City Manager Glenn, Council on CC -21(b) motion of Council Member Snider, Pinkerton second, adopted Urgency Ordinance No. 1385 adopting the 1986-87 Operating ORD. NO.1385 Budget as set forth below: URGENCY ORDINANCE ADOPTED ORDINANCE NO. 1385 AN URGENCY ORDINANCE ADOPTING AN OPERATING BUDGET FOR THE SUPPORT OF VARIOUS DEPI'RffvUPS OF TIM CITY OF LODI AND A UTILITY OUTLAY BUDGET POR THE FISCAL YEAR BEGINNING JULY 1, 1986 AND ENDING JUNE 30, 1987 The City Council of the City of Lodi does ordain as follows: Section 1. City of Lodi Operating Budgets, Summary of the Budget 1986-87 ESTIMATED FINANCING RESOUR'--FS OPERATING REV1NUES Property Taxes $3,249,«70 Other Taxes 3,891,210 Licenses, Fines & Rent 740,445 Interest 1,023,350 Revenue from Other Agencies 1,794,960 Charges for Current Ser -vices 2,333,390 Other Revenues 75,805 Water Sales & Fees 1,445,680 Sewer Charges 1,310,400 Electrical Sales 21,327,700 Inter -Fend Transfers 596,450 Total Operating Revenues $31,71P8,460 CONTRIBirIIONS FROM MIER, FUNDS AND RESERVES General Fund Operating Reserve $ 22,800 Library Fund Operating Reserve 39,285 Hotel -Motel Fund 75t000 Total Contributions $ 137,085 TOTAL ESTIMATED FINANCING RESOURCES $37,925,545 OPERATING EXPENSES Personal Seriices $12,239,580 Utilities & Transportation 1,317,115 Materials & Supplies 2,151,520 Depreciation 598,040 Equipment, Land & Structures 195,875 Special Payments 2,720,785 Sub -Total Operating Expenses $19,222,915 Bulk Power Purchase 16,705,000 Total Operating Expenses $35,927,915 CONq'RIBUPIGNS TO 0111FR 1;T-JNDS AND RESERVES Fqui,pirent. '-)zid 172,965 Water ',%tilitv Cz-pital Fund "00'000 Sewt,r C. -p,, --rating Ruserve 38,185 Scv:er Crpital Fw,,d 2,)0,000 ta-bj- z at ini i Reserve 478,600 Capital Outiay Resewe dui S0U Workers' Ccxpensation Insurance Reser,: 75,000 PL s PD Insurance Fund 282,880 Total Contributions to Otner. Fund S 1,997,630 TOTAL ESTIMATED REWIRF2MU?1I5- $37,925,545 SECTION 2. All ordinances and parts or ordinances in conflict herewith are repealed insofar as such conflict nk3v exist. SECTION 3. Tri- urgency ordinance shall Lk' published one time in the "Lodi News Sentinel", a daily newspaper of general circulation printed and published in the City of Lodi and shall be in force and take effect iim)ediate'y. Apprm,ed this 2nd day of July, 1986 Fred M. Reid Mayor Attest: Alice M. Reimche City Clerk State of California County of San Joaquin, ss. I, Alice M. Reimche, City Clerk of the City of Lodi, do hereby certify that Ordinance No. 1385 was adopted as an urgency ordinance at an adjourned re<pilar meeting of the City Council of the City of Lodi held July 2, 1986 and was thereafter passed, adopted and ordered to print by the following vote: Ayes: Council Members - Hirchman, Olson, Pinkerton, Snider, and Reid (Mayor) Noes: Council Members - None Absent: Council Members - None Abstain: Council Members - None I further certify that Ordinance No. 1385 was approved and signed by the Mayor on the date of its passage and the same has been published pursuant to law. Alice M. Reimche City Clerk Approved as to form Ronald M. Stein City Attorney -COUNCIL -COMMUNICATION ICATIOiv TO: Ti- CITY COUNCIL DATE NO. FROM: The CITY MANAGER'S OFFICE June 25, 1986 SUBJECT: - 1986-87 BUDGET PREPARED BY: City Manager RECOMMENDED ACTION: That the City Council adopt Ordinance No. as an emergency ordinance adopting the 1986-87 Operating Budget. BACKGROUND INFORMATION: The 1986-87 Operating Budget has been sulrnitted to the City Council for review and adoption. The i:cxuicil has reviewed this with staff at three work study sessions, and will continue this review at one more work study session to be held Tuesday, July 1, 1986, at 7:00 a.m. in the City Council Chambers. If the Council ccnpletes its review in the next two meetings (work study Tuesday, and regular meeting Wednesday), the budget can then be adopted. The action to adopt the budget should be via an emergency ordinance as we have done in past years. A copy of this ordinance is attached (Exhibit A) for the Council's review. Adoption by emergency ordinance inplememmts the budget immediately. Otherwise, it would not becatm effective until 30 days after the adoption of a standard ordinance. The staff is prepared to assist the City Council in this continued review and answer any questions Councilm tubers may have. Respegfully suhudtted, Thomas A. Peterson City Manager TAP/br attacimment ORDINANCE NO. 1385 ORDINANCE 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, 1986 AND ENDING JUNE 30, 1987 The City Council of the City of Lodi does ordain as follows: Section 1. City of Lodi Operating Budgets, Summary of the Budget 1986-87 ESTIMATED FINANCING RESOURCES OPERATING REVENUES Property Taxes Other Taxes Licenses, Fines & Rent Interest Revenue frau Other Agencies Charges for Current Services Other Revenues Water Sales & Fees Sewer Charges Electrical Sales Inter -Fund Transfers Total Operating Revenues CONTRIBUTIONS FROM OTHER FUNDS AND .RFS $3,249,070 3,891,210 740,445 1,023,350 1,734,960 2,333,390 75,805 1,445,680 1,310,400 21,327,700 596 450 37,728,460 Library Fund Operating Reserve S 39,285 Hotel -Motel Fund 75,000 Total Contributions 114,285 TOTAL ESTIMATED FINANCING RESOURCES $37,842,745 ESTDMM REQUIREKMS OPERATING EXPENSES Personal Services $12,196,780 Utilities & Transportation_ 1,311,510 Materials & Supplies 2,127,180 Depreciation 598,040 Equipment, Land & Structures 173,960 Special Payments 2,720,785 Sub -Total Operating Expenses $19,128,255 Bulk Paver Purchase Total Operating Expenses 16,705 000 35,833,255 CONi'RIBUTIONS TO OTHER FUNDS AND RESERVES General Fund Operating Reserve $ 23,860 Equipment Fund 160,965 Water Utility Capital Fund 200,000 Sewer Operating Reserve 38,185 Sewer Utility Capital Fund 250,000 Electric Rate Stabilization Reserve 478,600 Capital Outlay Reserve Fund 500,000 Workers' Ccupensation Insurance Reserve 75,000 PL & PD Insurance Fund 2821880 Total Contributions tr;, 'ether I-und $ 2,009,490 TOTAL ESTIIA;,- � REQUIRE:111,-S $37,842,745 SDCT16N 2. The appropriation to ttv--- Library - frer, tk-:,-- General F -Lind will be computed by the Finance Director on the 30th day of June, 1986. The appropriation will be of sufficient amount su that expenditures will not exceed revenues. SDCTIGN 3. All ordinances and parts of ordinances in conflict herewith are repealed insofar as such conflict may exist. SECTION 4. This urgency ordinance shall be published one time in the "Lodi News Sentinel", a daily newspaper of general circulation printed and published in the City of Lodi and shall be in force and take effect immediately. Approved this 2nd day of July, 1986 Mayor Attest: Alice M. Reimche City Clerk State of California County of San Joaquin, ss. I, Alice M. Reimche, City Clerk of the City of Lodi, do hereby certify that Ordinance No. 1385 was adopted as an urgency ordinance at an adjourned regular meeting of the City Council of the City of Lodi held July 2, 1986 and was thereafter passe:, adopted and ordered to print by the following vote: Ayes: Council Members Noes: Council Members Absent: Council Members - Abstain: Council Members - I further certify that Ordinance No. 1385 was approved are signed by the Mayor on the date of its passage and the same has been published pursuant to law. Alice M. Reimche City Clerk Approved as to form Ronald M. Stein City Attorney • f OPERATING BUDGETS SCI )ULE A SUMMARY OF THE BUDGET 1986-87 NEED Property Taxes $ 3,249,070 Other Taxes 3,891,210 Licenses, Fines & Rent 740,445 Interest 1,023,350 Revenue frau Other Agencies 1,794,960 Charges for Current Services 2,333,390 Other Revenues 75,805 Water Sales & Fees 1,445,68G Sewer Charges 1,310,400 Electrical Sales 21,327,700 Inter -Fund Transfers 596,450 Total Operating Revenues $37,788,460 'JOdJPRIBUrIOKS FROM OTHER FUNDS AND RESERVES General Fund Operating Reserve $ 22,800 Library Fund Operating Reserve 39,285 Hotel--btel Fluid 75,000 Total Contributions 137,085 TOTAL ESTIMATED FINANCING RESOURCES $ 37,925,545 ESTIMATED RFJQUIRDUNrS OPERATING EXPENSES Personal Services $12,239,580 Utilities & Transportation 1,317,115 Materials & Supplies 2,151,520 Depreciation 598,040 Equip ent, Land & Structures 195,875 Special Payments 2,720,785 Sub -Total Operating Expenses 19,222,915 Bulk Power Purchase 16,705,000 Total Operating Expenses $35,927,915 COMP-EBUTIGNS TO OTHER FUNDS AND RESERVES s Equipment Fund $ 172,965 Water Utility Capital Fund 200,000 Sewer Operating Reserve 38,185 Sewer Utility Capital Fund 250,000 Electric Rate Stabilization Reserve 478,600 Capital Outlay Reserve Fund 500,000 Workers' Compensation Insurance Reserve 75,000 PL & PD Insurance Fund 282,880 Total Contributions to Other Funds 1,997,630 TOTAL ESTIMATED REQUIREMENTS $ 37,925,545 - 1 -