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HomeMy WebLinkAboutOrdinances - No. 1427ORDINANCE NO. 1427 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, 1988 AND ENDING JUNE 30, 1989 The City Council of the City of Lodi does ordain as follows: SECTION 1. City of Lodi Operating Budgets, Summary of the Budget 1988-89. OPERATING BUDGETS SUMMARY OF THE BUDGET 1988-89 ESTIMATED FINANCING RESOURCES OPERATING REVENUES Property Taxes Sales Tax Other Taxes Licenses, Fines & Rent Interest Revenue from Other Agencies Charges for Current Services Other Revenues Water Sales & Fees Sewer Charges Electrical Sales Inter-Fund Transfers To ta 1 CONTRIBUTIONS FROM OTHER FUNDS Hotel/Motel Fund To ta 1 TOTAL ESTIMATED FINANCING RESOURCES $ 3,886,540 4,551,325 363,615 1,059,055 1 , 394,600 1,831,585 3,895,380 139,000 1,604,500 2,859,380 24,641,000 684 , 245 $46,910,225 $ 125,000 125,000 $47,035,225 ESTIMATED REQUIREMENTS OPERATING EXPENSES Personnel Services Utilities & Transportation Materials & Supplies Depreciation Equipment, Land & Structures Special Payments Bulk Power Purchase Sub-Total Operating Expenses Total CONTRIBUTIONS TO OTHER FUNDS AND RESERVES Equipment Fund Capital Outlay Reserve Water Operating Reserve General Fund Operating Reserve Wastewater Capital Fund Sewer Capital Outlay Fund Library Reserve Dental Insurance Utility Outlay Reserve PL & PD Insurance Fund Total $14,523,765 1,284,610 2,586,320 730,085 309,920 4,367,145 $23,801,845 $18,060,000 $41,861,845 $ 117,100 500,000 299,435 201 , 185 1,500,000 346 , 260 15,605 22,675 1,832,970 338,150 $5,173,380 TOTAL ESTIMATED REQUIREMENTS $47,035 , 225 SECTION 2. The City Council hereby adopts by reference as if fully set forth herein the document entitled "1988-89 ADOPTED BUDGET," copies of which are on file with and available from the City Clerk. An appropriation spending limit for 1988-89, in compliance with Proposition 4, Article XI11 B of the California Constitution, as specified in Gov. Code Section 37200, is $26,918,609, and the 1988-89 appropriation subject to the limit is $16,178,704. This section shall be deemed a part of the budget. are repealed insofar as such conflict may exist. This urgency ordinance shall be published one time in the "Lodi News-Sentinel ,I' a daily newspaper of general circulation printed and published in the City of Lodi and shall be in force and take effect immediately. SECTION 3. SECTION 4. All ordinances and parts of ordinances in conflict herewith SECTION 5. Attest: 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. 1427 was adopted as an urgency ordinance at an adjourned regular meeting of the City Council of the City of Lodi held June 22nd, 1988 and was thereafter passed, adopted and ordered to print by the following vote: Ayes: Council Members - Hinchman, Olson, Reid, Snider and Pinkerton (Mayor) Noes: Council Members - None Absent: Council Members - None Abstain: Council Members - None I further certify that Ordinance No. 1427 was approved and signed by the Mayor on the date of its passage and the same has been published pursuant to law. City Clerk Approved as to form: City Attorney