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HomeMy WebLinkAboutResolutions - No. 2005-120RESOLUTION NO. 2005-126 A RESOLUTION OF THE LOM CITY COUNCIL ADOPTING THE 2005-06 OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1, 2005 AND ENDING JUNE 30, 2006, AND FURTHER APPROVING THE 2005-06 APPROPRIATION PENDING LIMIT WHEREAS, the City Manager submitted the 2005-06 balanced Operating and Capital Improvement Budget to the City Council on May 11, 2005; and WHEREAS, the 2005-06 Operating and Capital Improvement Budget was prepared in accordance with the City Council's goals, budget assumptions, and policies; and WHEREAS, , the City Council conducted public budget meetings on May 4, May 11, May 16, and May 24 at the Carnegie Forum; and WHEREAS, the City Council is required to adopt the Appropriations Spending Limit for 2005-06; and WHEREAS, the Appropriations Spending Limit and the annual adjustment factors selected to calculate the Limit are part of the Financial Plan and Budget, follows; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lodi as 1. That the 2005-06 Operating and Capital Improvement Budget, as proposed by the City Manager and amended by the City Council (with the exclusion of the Dodi Conference and Visitors Bureau element, voted on separately and reflected in Resolution 2005-121), be approved as follows: City Manager City Council 'ro used AdiuMments ApKoved General Fund Police $13,006,961 $10,006,961 Fire 8,098,576 3,098,576 Public Works 6,745,037 6,745,037 Parks and Recreation 3,676,016 3,678,018 Community Center 1,282,700 1,262,700 City Clerk 511,585 511,585 City Manager 2,421,686 2,421,686 Community Events 100,000 100,000 City Attorney 395,820 5,000 400,8.20 Finance 2,245,987 2,24 ,,987 Non -Departmental 5 56 630 a16285,033,002 General Fuad Total 43, 343,000 (18,628) 43,824,372 Electric Utility Fuad 65,050,494 (10,000) 65,040,494' Water Utility Fuad 8,053,069 15,€3001 8,068,069 Wastewater Utility Fund 16,644,171 413,600 17,057,771 Library Fund 1,594,596 1,594,596 I includes Killelea Substation $1,450,000; Henning & McClane Substations $535,000; and new Municipal Service Center $125,0100, all funded with bead proceeds of $2,1111,000. Community Development Fund 1,964,680 Community Development Block Grant/tome Fund 150,000 Streets Fund 5,525,036 Transit Fund 3,873,892 Benefits Fund 5,903,099 Self Insurance Fund 2,921,137 Capital Outlay Fund 930,730 Debt Service Fund 1,676,372 Equipment and Vehicle �1 20,000 5,545,036 3,873,892 5,993,099 2,921,137 252,106 1,182,836 96,106 1,772,478 Replacement Fund 14_ uo—o 145.000 Total All Funds 153,365,276 766,184 159,133,460 2. That the funds for the 2005-06 Operating Budget are appropriated as summarized in the document on file in the City Clerk's Office; and 3. That the Appropriations Spending Limit be increased by $3,899,179 from the 2004-05 level of $62,182,939 to the 2005-06 level of $66,032,118. Dated: June 15, 2005 I hereby certify that Resolution No. 2005-120 was passed and adapted by the City Council of the City of Lodi in a regular meeting geld June 15, 2005, by the fallowing vote. AIDES; COUNCIL MEM13ER --- Hansen, Hitchcock, Johnson, Mounce, and Mayor Beckman NOES, COUNCIL MEMBERS — Tarte ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL. MEMBERS — None SUSAN J. BLACKSTON City Clerk 2005-00 FINANCiAI, I'LAN AND BUDGET APPROPRIATIONS SPENDING LIMIT 2Dt�5-U(x AI�d��IA7"1C�[�I F"�1'dL%�G <.I1Vl�T 200546 APPROPRIATIONS SUBJECT TO LIMITATION EX161I31T A City of Lcitii Appropriations Spending Limit Piscid Year 05-06 A, La xt Ycar's Unlit i62, 82,939 iL .RcjuNtiumts Factors 1 Population Ufa ��l.ttd 9 (Lxidbit B) 2 111fl.aticasl Me F 0526 (St.atc 1= msucc) Total Adjustment %. 1.0627 (111 - 132) C, A aka€a:ii Adjustment (B -A) D) Other Adj "still Chi ts -- Naaa�c E;, d'€sta€ As7,ptt fttactttsw3 K'1'Jw17') (C+1)) F. TWN Yeotr's LiMit 66,fI1d2,11H (A+L) Cita` of Lodi App rnpria€hats Spending L.iatil Growilt iFactor»lCalculs=9imvi EXHIBIT 13 88 -ti) 4.66 4.96 3.32 !e'! '/ti '.. !'/ ... 11 . ., 0 1)(1-91 1.21 2.2(, 2.23 VI -92 4. Ili L19 2.64 92-U -0.64 11,17 2.4 I y3-94 2.72 0.73 2.13 94-'95 0.71 (01 1.57 95-96 4.72 1.31 1.59 96-97 4.67 1.68 1.85 97-98 4.67 (0.7(0 €.21 98-)9 4,15 1.1f, 1.47 9y-i0(I 4.53 1.94 1.44 (tt0-ii l 4.'31 1.29 1.78 601-112 7,82 1.110 2.71 (02-11.1 -1.27 2.14 3.07 03-04 2.31 1.69 2.86 44-05 3.28 (1.75 2.54 € $-(IG 5.26: 40,96 2.65 87-814 1.€0347 x 1.€1572 = 1.€3933 1.0139 x $22,654,787 - 524,7112,4072 tits -119 1.€0466x 1.0496-1.09.8$ i.d1985 x $24,782,1172 $27,223,106e d9 -y60 E.41S1F3a 1.€0252 1.€1784 I.EITtt4 x $27,223,1006 - $29,357,1911 9€1.91 1.4!421 x 1.(t226-1.€1657 1.(e657 x $29,357,398 - $31,2116,179 91.92 IM414 a 1.€12(4 =1.0681 1.1[689 x $31,286,171 - $33,441,797 32-93 .9`1M, ); 8.10241. =1.(0875 1,t1i75 x 33,441,797 S34,1427,112i1 9J 94 1. !272 1-023-i « 1.414431 t.o414 x :44,4627,61.28 94-95 1.€11171 x 1.0157 = 1.41229 1.11729 1 .55,697,755 53fi,51S,234 95-96 1.0.472 x 1.0131 -1.0609 1.06(11 z 30,515,234 539,739,€ 12 96-97 1.(s467x L.€+; 613-6.(1643 I-ia643 x 3873')€112 $41,229,332 97-`.M i.0467xl.0070-1.054€1 1.(154(11 41,229,332 - $43,4256,825 98-99 1,041511,01 160 -1.0536 I.053fix 43,456,825 $45,785,3113 99.114 1.0453x 1.(1194-1.0656 i.nr,56x45,785,31a3 $48,7(47,849 181-01 1. W I X 1,0129-4.006 1.0626AS,797,849 $51,843,597 Est -02 1,0782s 1-0190.1.€1987 556,959,1424 1.Ia9tz6ti58 02-113 .98730.0214-1,00843 $57,439,894 1.00942822 03-0+5 1.02 313 6.0169- LO 40 4 $51,759,913 1.(14039(139 3.iliz8si.(W75-))40546 562,182,139 1.040546 0506 1.0526x LOOM— L(162704x76 $616,4182,1 1K 1. r,27Rd")6 05-06 Appropriations Sutljv,;[ to 1-i]E W 531,Ci2j.05$ 47.86% $66,082,118