HomeMy WebLinkAboutOrdinances - No. 1401ORDINANCE NO. 1401
AN URGENCY 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, 1987 AND
ENDING JUNE 30, 1988
The City Council of the City of Lodi does ordain as follows:
Section 1. City of Lodi Operating Budgets, Summary of the Budget 1987-88
OPERATING BUDGETS
SUMMARY OF THE BUDGET
1987-88
ESTIMATED FINANCING RESOURCES
OPERATING REVENUES
Property Taxes $ 3,704,850 Other Taxes
Licenses, Fines & Rent
Interest
Revenue from Other Agenc
Charges for Current Serv
Other Revenues
Water Sales & Fees
Sewer Charges
Electrical Sales
Inter-Fund Transfers
ies
ices
4,678,110
762 , 135
1,068,585
1,906 , 535
2,535,325
117,000
1,525,870
2,057,280
22,610,000
698,850
Tota 1 $41,664,540
CONTRIBUTIONS FROM OTHER FUNDS
Hotel/Motel Fund $ 100,000
Tota 1 $ 100,000
TOTAL ESTIMATED FINANCING RESOURCES $41,764,540
ESTIMATED REQUIREMENTS
OPERATING EXPENSES
Personnel Services $13 , 542 , 355 Utilities & Transportation 1,357,125
Materials & Suppl ies 2 , 336 , 705
Depreciation 667,520 Equipment, Land & Structures 210,805
Special Payments 2,957,810 Sub-Total Operating Expenses $21,072,320
Bulk Power Purchase $17,223,000
Tota 1 $38,295,320
CONTRIBUTIONS TO OTHER FUNDS AND RESERVES
Equipment Fund $ 168,755
Water Operating Reserve 142 , 200
Water Utility Capital Fund 200,000
General Fund Operating Reserve 273,000
Sewer Operating Reserve 200 , 000
Wastewater Capital Fund 740 , 405
Electric Rate Stabilization Reserve 280,000
Library Reserve 21,290 Workers' Compensation Insurance Reserve 37,970
285,600 Utility Outlay Reserve 1,120,000
PL & PD Insurance Fund
Total $ 3,469,220
TOTAL ESTIMATED REQUIREMENTS $41,764,540
SECTION 2. All ordinances and parts of ordinances in conflict herewith
are repealed insofar as such conflict may exist.
SECTION 3. 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 17th day of June, 1987
Evelyn M. Olson
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. 1401 was adopted
as an urgency ordinance at an adjourned regular meeting
of the City Council of the City of Lodi held June 17,
1987 and was thereafter passed, adopted and ordered to print by the following vote:
Ayes : Council Members - Hinchman, Pinkerton, Snider,
Reid and Olson (Mayor)
Noes: Council Members - None
Absent: Council Members - None
Abstain: Council Members - None
I further certify that Ordinance No. 1401 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 - onald M. Stein
City Attorney