HomeMy WebLinkAboutResolutions - No. 2012-89RESOLUTION NO. 2012-89
A RESOLUTION OF THE LODI CITY COUNCIL
ADOPTING THE CITY OF LODI FINANCIAL PLAN AND
BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1,
2012 AND ENDING JUNE 30, 2013, AND APPROVING
THE 2012/13 APPROPRIATIONS SPENDING LIMIT
WHEREAS, the City Manager submitted the 2012/13 balanced Financial Plan
and Budgetto the City Council on May 17,2012; and
WHEREAS, the 2012/13 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 May 1,
May 8, May 15, May 22, and June 6, 2012, at the Carnegie Forum; and
WHEREAS, the City Council is required to adopt the Appropriations Spending
Limitfor2012/13; 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 of Lodi
as follows:
1. That the 2012/13 Financial Plan and Budget, as proposed by the City
Manager, be approved as follows:
Budget
General Fund
Police
$16,891,930
Fire
$9,581,630
Public Works
$1,570,400
City Clerk
$585,340
City Manager
$418,040
City Attorney
$466,730
Internal Services
$3,374,420
Economic Development
$618,690
Non -Departmental
$8,402,760
Total General Fund
$41,909,940
Other Funds
Electric Utility
$68,827,180
Water Utility
$18,853,250
Wastewater Utility
$13,701,870
Transit
$4,690,760
Streets
$3,857,690
-Community Development
$1,166,550
Transportation Development Act
$55,000
Community Dev Block Grant
$889,540
Public Safety Special Revenue
$337,580
Capital Outla
$739,700
Equip & Vehicle Replacement
$368,500
Debt Service
$1,667,910
Benefits
$7,565,160
Self Insurance
$2,251,000
Trust and Agency
$283,000
Fleet Services
$1,819,220
Total Other Funds
$134,317,880
Total
$176,227,820
2. That the funds for the 2012/13 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 $3,558,896 from the
2011/12 level of $77,891,729 to the 2012113 level of $81,450,625.
Dated: June 6, 2012
hereby certify that Resolution No. 2012-89 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held June 6, 2012, by the following
votes:
AYES: COUNCIL MEMBERS — Hansen, Katzakian, Nakanishi, and
Mayor Mounce
NOES: COUNCIL MEMBERS —Johnson
ABSENT: COUNCIL MEMBERS— None
ABSTAIN: COUNCIL MEMBERS— None
RAN JOHL
City Clerk
2012-89