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HomeMy WebLinkAboutResolutions - No. 92-166RESOLUTION NO. 92-166 A RESOLUTION OF THE LODI CITY COUNCIL ADOPTING SUPPLEMENTAL APPROPRIATIONS FOR FISCAL YEAR 1992-93 BY FUND, DEPARTMENT AND ACTIVITY WHEREAS, the City Council adopted the FY 1992-93 budget appropriations for revenues and expenditures by Resolution No. 92-117 on July 1, 1992, and WHEREAS, the City Council approved the 1992-93 Budget presented by the City Manager on July 1, 1992, with revenues, expenditures, and inter -fund transfers and WHEREAS, adjustments are necessary to the adopted budget to account for additional revenues and expenditures not included in the 1992-93 Budget, and WHEREAS, the appropriation of revenues and expenditures is required to calculate the appropriation limitation in accordance with Article XIIIA of the California Constitution. NOW, THEREFORE, the City Council hereby adopts the budget presented on July 1, 1992 by Fund Group, Fund, and Object Code and appropriates the revenues, expenditures and interfund transfers included therein with the adjustments recommended as follows: Expenditures Personnel Services Appropriation Appropriation Utilities and Communications July 1, 1992 October 7, 1992 Estimated Revenues 4,080,480 5,662,815 Taxes 11,082,740 11,836,617 Licenses, Fines, & Permits 863,680 518,340 Investment and Property Revenue 603,725 1,316,195 Intergovernmental Revenue 3,155,705 5,108,653 Charges for Services 45,296,295 52,063,910 Other revenues 317,020 -1,447,235 Interfund Transfers 1,287,050 0 Total Estimated Revenues 62,606,215 72,290,950 Expenditures Personnel Services 21,954,330 22,567,410 Utilities and Communications 271355,590 27,355,590 Supplies, Materials & Services 4,080,480 5,662,815 Depreciation 318,900 0 Equipment, Land and Structures 300,045 300,045 Special Payments 5,907,300 5,093,475 Credits -775,555 Capital Projects 1,3429245 Debt Service 1,187,695 Total Expenditures 59,916,645 62,733,720 Excess revenues over (under) appropriations 2,689,570 9,557,230 -1- Adjustments Revenues By Transfer 327,745 Interfund Loans 0 General Obligation Bonds 0 Debt Service - COP and Water Loan Interest -1,498,289 Street Projects - Approved September 2, 1992 -1,712,000 Encumbrances -968,173 Work -In -Progress -6,366,832 Designated Balances -16'753'6 A Total Adjustments -269473,173 PROJECTED FUND BALANCES -2- June 30, 1992 June 30, 1993 General Fund 17,263 279,236 Inventory Fund 100,455 100,455 Refuse Surcharge Fund 55,930 • 74,500 Library Fund 817,452 346,912 Community Center Fund 25,240 15,805 Hotel/Motel fund 308,793 303,403 Total General Fund Group 1,325,133 1,120,338 Electric Utility Fund 6,489,228 1,120,935 Sewer Utility Fund 14,732,577 2,745,705 Water Utility Fund 641,559 256,633 Total Enterprise Fund Group 21,863,364 4,123,274 Asset Seizure Fund 122,624 43,429 Gas Tax Funds 685,970 164,742 Transportation Funds 1,070,857 1,226,699 Impact Fee Funds 602,082 6,429,785 Special Grant Funds -34,493 -164,770 Total Special Revenue Funds 2,447,040 7,699,885 - Equipment Fund 2499249 116,540 Library Capital Fund 289,139 305,139 Subdivision Reserve Fund 535,661 535,139 . Subdivision Fund 1811433 0 Hutchins Street- Fund 3,721 -48,420 Capital Outlay Fund 1,979,184 .,-377,933 Lodi Lake Fund 88,890 71,000 Master Drain Fund _ 625,772 566,795 Total Capital Outlay Funds 3,953,049 1,168,783 Debt Service Funds 233,065 214,681 Long -Term Disability Insurance Fund 176,712 0 Medical Insurance Fund 8,288 0 Employee Benefits Fund 82,882 0 Liability Fund 9429814 477,617 Worker's Compensation Fund 688,173 0 Total Internal Service Funds 1,898,869 477,617 -2- Dated: October 7, 1992 I do hereby certify that Resolution No. 92-166 was passed and adopted by the City council of the City of Lodi in a regular meeting held October 7, 1992 by the following vote: AYES: Council Members - ginchnian, Pennino, Sieglock, Snider and Pinkerton (Mayor) NOES: Council Members - None ABSENT: Council Members - None Alice M. Reimche Cu City Clerk -3- 92-166