HomeMy WebLinkAboutResolutions - No. 2008-99RESOLUTION NO. 2008-99
A RESOLUTION OF THE LODI CITY COUNCIL
ADOPTING THE CITY OF LODI FINANCIAL PLAN AND
BUDGET FOR THE FISCAL YEAR BEGINNING JULY I,
2008 AND ENDING JUNE 30,2009, AND FURTHER
APPROVING THE 2008-09 APPROPRIATIONS
SPENDING LIMIT
WHEREAS, the City Manager submitted the 2008-09 balanced Financial Plan
and Budget to the City Council on May 7,2008; and
WHEREAS, the 2008-09 Financial Plan and 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 April 30,
May 7, May 13, May 14, May 20, and May 21,2008, at the Carnegie Forum; and
WHEREAS, the City Council is required to adopt the Appropriations Spending
Limitfor 2008-09; and
WHEREAS, the Appropriations Spending Limit and the annual adjustment
factors selected to calculate the Limit are part of the Financial Plan and Budget.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City (f Lodi
as follows:
1. That the 2008-09 Financial Plan and Budget, as proposed by the City
Manager and amended by the City Council, be approved as follows:
Budget
General Fund
Fire
9,506,880
Public Works
3,521,483
Ci Clerk
580,932
City Manager
5,172 422
Ci Attorne
488,567
Non -Departmental
5,553,195
Total General Fund
24,823 479
Other Funds
Electric Utility
72,281,677
Water Utility
11,773,367
Wastewater Utility
22,576,837
Library
3,215,020
Community Development
2,257,820
Streets
5,935,299
Transit
4,961,817
Benefits
7,453,525
Self Insurance
3,011,630
Capital Outlay
1,995,231
Debt Service
1,770,980
Equip &Vehicle Replacement
564,999
Fleet Services
1,947,553
Transportation Development Act
95,000
Trust and Agency
231,237
Total Other Funds
140,071,992
Total
187,032,383
Total
164,895,471
General Fund
(approved by separate motions
Police
15,983,533
Com muni Center
1,966,816
Parks
2,297,451
Recreation Fund
(approved by separate motion
Recreation
1,889,112
Total
187,032,383
2. That the funds for the 2008-09 Financial Plan and 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 $3,629,309 from the
2007-08 level of $72,598,226 to the 2008-09 level of $76,227,535.
Dated: May 21, 2008
hereby certify that Resolution No. 2008-99 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held May 21, 2008, by the following
votes:
1 In reference to the Police Department Budget:
AYES: COUNCIL MEMBERS— Hansen, Katzakian, and Mayor Mounce
NOES: COUNCIL MEMBERS— Hitchcock and Johnson
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
2) In reference to the Community Center Budget:
AYES: COUNCIL MEMBERS — Hansen, Johnson, and Katzakian
NOES: COUNCIL MEMBERS— Hitchcock and Mayor Mounce
ABSENT: COUNCIL MEMBERS— None
ABSTAIN: COUNCIL MEMBERS — None
3) In reference to the Parks and Recreation Department Budget:
AYES: COUNCIL MEMBERS — Hansen, Johnson, and Katzakian
NOES: COUNCIL MEMBERS — Hitchcock and Mayor Mounce
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS— None
4) In reference to the 2008-09 Financial Plan and Budget (with the exception
of Police, Community, Parks and Recreation as acted upon above by
separate motions):
AYES: COUNCIL MEMBERS— Hansen, Johnson, Katzakian, and
Mayor Mounce
NOES: COUNCIL MEMBERS— Hitchcock
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS— None
2008-99