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Home My WebLink AboutResolutions - No. 2015-99RESOLUTION NO. 2015-99 A RESOLUTION OF THE LODI CITY COUNCIL ADOPTING THE CITY OF LODI FINANCIAL PLAN AND BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1, 2015 AND ENDING JUNE 30, 2016, AND APPROVING THE 2015/16 APPROPRIATIONS SPENDING LIMIT WHEREAS, the City Manager submitted the 2015/16 Financial Plan and Budget to the City Council on May 15, 2015; and WHEREAS, the 2015/16 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 5, May 12, May 19, and June 10, 2015, at the Carnegie Forum; and WHEREAS, the City Council is required to adopt the Appropriations Spending Limit for 2015/16; 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 2015/16 Financial Plan and Budget, as proposed by the City Manager, be approved as follows: Budget General Fund Police $18,241,970 Fire $10,749,150 Public Works $2,345,820 City Clerk $547,020 City Manager $448,100 City Attorney $488,650 Internal Services $3,606,320 Economic Development $486,130 Non -Departmental $9,949,380 Total General Fund $46,862,540 Other Funds Electric Utility $78,614,820 Water Utility $12,264,400 Wastewater Utility $17,518,680 Transit $6,026,830 Streets $4,733,990 Community Development $1,538,410 Parks, Rec & Cultural Services $5,822,480 Library $1,388,940 Transportation Development Act $44,000 Community Dev Block Grant $1,008,950 Public Safety Special Revenue $314,200 Capital Outla $2,473,270 Equip & Vehicle Replacement $1,308,210 Debt Service $1,103,950 Benefits $8,056,870 Self Insurance $2,772,860 Trust and Agency $142,500 Fleet Services $1,897,170 Total Other Funds $147,030,530 Laboratory Supervisor Public Works Grand Total $193,893,070 2. That the funds for the 2015/16 Financial Plan and Budget are appropriated as summarized in the document on file in the City Clerk's Office; and 3. That position additions and deletions be approved as shown in the table below: Classification Department Number Lineworker Apprentice Electric 2 Electrician Electric 2 Administrative Clerk Public Works 1 Laboratory Supervisor Public Works 1 Lead Electrician Public Works 1 Street Maintenance Worker 1/II Public Works 1 Service Writer Public Works 1 Building Inspector 1/II Community Development 1 Assistant Animal Services Officer Police 1 Parking Enforcement Assistant Police 1 Parks Supervisor PRCS 1 Heavy Equipment Mechanic Public Works 1 Net positions added 8 4. That the Appropriations Spending Limit be increased by $3,617,690 from the 2014/15 level of $86,477,897 to the 2015/16 level of $90,095,588 in accordance with the calculations on Attachment 1 and Exhibits A through G. Dated: June 17, 2015 I hereby certify that Resolution No. 2015-99 was passed and adopted by the City Council of the City of Lodi in a special meeting held June 17, 2015, by the following votes: AYES: COUNCIL MEMBERS — Chandler, Kuehne, Mounce, Nakanishi, and Mayor Johnson NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None PAMELA M. FARRIS Deputy City Clerk 2015-16 FINANCIAL PLAN AND BUDGET ATTACHMENT 1 APPROPRIATIONS SPENDING LIMIT 2015-16 APPROPRIATIONS SPENDING LIlVIIT 2015-16 APPROPRIATIONS SUBJECT TO LIMITATION I PROCEEDS OF TAXES I EXCLUSIONS 36,831,981 APPROPRIATIONS SUBJECT TO LIMITATION 36,831,981 CURRENT YEAR LIMIT 90,095,588 FXIIIBIT A City of Lodi Appropriations Spending Limit Fiscal Year 2015-16 A. Last Year's Limit 86,477,897 B. Adjustments Factors 1 Population % �— 1.0382 (Exhibit B) 2 Inflation % 1.0035 �� (State Finance) Total Adjustment % 1.04183 (131''132) C. Annual Adjustment 3,617,690 (B`°A) 1). Other Adjustments None F. Total Adjustments 3,6171690 (C+D) F. This Year's Limit 90,095,588 (.A+E) City of Lodi E\IIIBIT- B Appropriations Spending [.unit Growth Factors/CalcuIR60-s E:isiii:isE:::Yonr.:::::•::::::+:•••:.:.:-:•:>:-:...-.-.-- ............._... 3.37 -- 5.72 333 87.88 88-89 4.66 4.96 332 89-90 5.19 2.52 3 0 90.91 4.2I 2.26 2.3 91-92 4.14 1.19 2.64 93-93 -0.64 0.97 2.41 93-93 2.72 0,73 2.13 93-95 0.71 0.51 1-57 ' 95.96 4.72 I3I 1.59 96-97 4.67 IA8 I.85 97-98 4.67 0.70 121 98-99 4.15 1.16 1.37 99-00 4-53 1.93 1.44 00.01 4.91 1.29 1.78 01-02 7.8.0 1.90 2.71 02-03 -1Z7 2.14 3.07 03-04 231 1.69 2.86 04.05 3.28 0.75 2.54 0,5-06 526 0.96 2.65 06-07 3.96 030 2.00 07-08 4.42 0.90 1.73 08-09 4.29 0.68 1.59 09-10 0.62 0.42 1.07 10.11 -2.54 0.61 0.97 11-I2 2.51 0,61 0,97 111-13 3.77 0.77 1.05 13-14 5.12 0.57 0.95 14-15 -0.23 0.66 1.10 15-16 3.82 035 1.43 CALCULATIONS: 77 .............. 7 c .. "'"'Year'''"'"'"'"'"''•'•'•''•'•'"' Cs3eutsAQfi':•:•:.:::•:;:::;:;::•:�:::�:•:•:•:•::�:�:�:�:::�:�:�:::E:i::::`•&ae»di(sg:Lidcic:::::::•: 87-88 I.0347 x 1.0572 =1.0939 1.0939 x 522,654,787 S24,782,072 88-89 1.0466x1.0496=1.0985 1.0985x524,782,072 = S-17,223,106 89-90 1.0519 x 1.0252 = 1.0784 1.0784 x S27-123,106 = 529.357,398 90-91 1.0421 x 1.0226 =1.0657 1.0657 x 529,357,398 531.286.179 91-92 1.0413 x 1.0264 -1.0689 1,0689 x 531,286,179 S33,441,797 92-93 .9936 x 1.0241 -1.0175 , I.0175 x 33,441,797 - S34,027,028 93-94 1.0272 x 1.0213 =1.0491 1.0491x34,027,028- $35,697,755 9445: 1.0071 x 1.0157=1.0229 1.0229 x 35,697,755 S36„515,233 95-96 1.0472 x 1.0131 -1.0609 538,739,012 1.0609 x 36,515,234 = 96-97 1.0467x1.0168=1.0643 _ $41,229,332 1.0643 x 38739012 97-98 1.0467x1.0070=1.0540 533.356.825 1.0540x 41.229.332 98-99 1.0475x1.01160=1.0536 1.0536x 43.356,825' 545,785,303 99-00 1.0453x1.0194=1.0656 1.06.56x45.785,303- 548,787,849 00.01 1.0491x1.0129=1.0626 1.0626x48,787,849 - 551,843,597 01-02 1.078'3x1.0190=1.0987 556,959,824 1.0986858 02-03 .9873x1.0214=1.00843 S57,439,894 1.00842822 03-04 1.0231x1.0169=1.0404 559,759,913 1.04039039 04-05 1.0328x1.0075=1.040546 S62,182,939 1.040546 05-06 1.0526x1.0096=1.06270496 566,082,118 1.06270496 (16-07 1.0396x1.0030=1.0427188 568.905,066 1.0427188 07-08 1.0442x1.0090=1.0535978 S72.598,226 1.0535978 08-09 1.0429x1.0068-1.0499917 S76.227,535 1.0499917 09-10 1.0062x1.0042=1.01042604 577.022-186 1.01042604 10 -II .9746x1.0061=.98054506 575,523,822 098054506 11-12 1.0251x1.0061=1.03135311 577.891.729 1.113135311 12-13 1.0377x1.0077=1.04569029 581.450,625 1.04569029 13-14 1.0512"1.0057=1.05719184 S86.108,936 1.0571)184 14-15 0.9977x1.0066=1.00428432 SS6.477,897 1.00423482 • 15-16 1.0332x1.0035=1.04183370 5901(195,598 1.04133370 15-16 Appropriations Subject to Limit: 536.831.981 40'88-/1. S90.095.588 APPROPRIATIONS SUBJECT TO LIMITATION City of Lodi Fiscal Year 2015-16 A. PROCEEDS OF TAXES B. EXCLUSIONS C. APPROPRIATIONS SUBJECT TO LIMITATION D. CURRENT YEAR LIMIT 36,831,981 36,831,981 90,095,188 EXH I BCI' C (Exhibit F) (Exhibit D) (A -B) (Exhibit A) E. OVER(UNDER) LIMIT (53,263,605) (C -D) 36.831.981 = 40.88% 90,095,588 EXCLUDED APPROPRIATIONS City of Lodi Fiscal Year 2015-16 EXHIBIT D COURT ORDERS Subtotal None FEDERAL MANDATES Subtotal None QUALIFIED CAPITAL OUTLAYS Subtotal None QUALIFIED DEBT SERVICE Subtotal None TOTAL EXCLUDABLE F— None T I (Copy to Exhibit C & G) City of Lodi Schedule to Match User Fees to Costs Fiscal Year 2015-16 EXHIBIT E Public Safety Fees Parks and Ree/Cultural Fees Community Development Fees PW Engineering Fees Library Fees 371.400 28,991,120 0 1,752,640 41902,870 0 412,800 1,538,410 0 839,280 1,342,600 0 27.000 1,388,940 0 Total 3,403;130 38,163,940 0 City of Lodi Fiscal Year 20I5-16 TAXES: Property Taxes Sales & Use Tax Business License'l'ax Franchise Tax Transient Occupancy'rax Real Property -Documentary"fax In -Lieu Franchise Tax FROM S"1'A'1'E Motor Vehicle In Licu State 1.1 -way Maintenance Gas Tax Cigarette tax Transportation Development Act TDA -Pedestrian/Bike Path SB 300 Transportation Partnership Measure K Funds State Reimbursements -POST Public Libray grants PERS Rebate SB90 Reimbursements Asset Seizure Funds/Auto Theli Drug Suppression Grant State special grants Traffic Congestion Relief State STIP reimbursement LOCAI,I,Y RAISED Fines, Forfeitures, Penalties Licenses and permits Rent of City Property Development Fees USER FEES (from Exhibit E) OTHER MISCELLANEOUS Sale of Property Restitution -Damage to Property Other revenue Interfund Transfers EXHIBIT F Calculation - Proceeds of Taxes 4.746, 120 11;:00 1,348,93 0 4,746,130 11,400 1,348,930 0 3,620 000 3.630,000 44,! 00 44,100 0 0 890,000 890,000 40,000 40,000 10.000 10,000 0 0 0 0 0 0 301,410 301,410 1.236.500 1236,500 0 0 0 0 1.479 900 1,479,900 851,000 851,000 1,919.210 1,919,310 I.i56.300 1,156,300 S(1B-'I O`rAL 36,805,900 22,040,890 58,846,790 ( for Exhibit G) INTEREST EARNINGS 26,081 15.619 41,700 (from Exhibit G) TO'T'AL REVENUE 36,831,981 22,056,509 58,888,490 (use for Exhibit C) 0 RESERVE WI'rl(DRAWALS (Including appropriated Fund Balance) TOTAL OF THESE FUNDS 58.898.490 OTHER FUNDS NOT INCLUDED 121.507,130 GRAND TOTAL. BUDGET 180.395.620 Interest Earnings Produced by Taxes City of Lodi Fiscal Year 2015-16 EXHIBITG A. NUN -INTEREST TAX PROCEEDS �- 36,805,900 ^(Exhibit F) B. MINUS EXCLUSIONS 0 (Exhibit D) C. NET INVESTED TAXES 36,805,900 (A -B) D. TO'TALHOH-INTEREST BUDGET' 58.84G,790 ^(Exhibit F) E. TAX PROCEEDS AS PERCENT OF BUDGET' 62aS% (C/D) F. INTEREST EARNINGS 41.700 G. AMOUNT OF INTEREST EARNED � 26,081 (E*F) FROM TAXES H. AMOUNT OF INTEREST EARNED ON NUN-T'AXFS IS,619 (F -G) 1. Take the result of steps nG & 11 Copy on to Exhibit F