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HomeMy WebLinkAboutResolutions - No. 2016-91RESOLUTION NO. 2016-91 A RESOLUTION OF THE LODI CITY COUNCIL ADOPTING THE CITY OF LODI FINANCIAL PLAN AND BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1, 2016 AND ENDING JUNE 30, 2017, AND APPROVING THE 2016/17 APPROPRIATIONS SPENDING LIMIT WHEREAS, the City Manager submitted the 2016/17 Financial Plan and Budget to the City Council on May 12, 2016; and WHEREAS, the 2016/17 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 26, May 10, May 24, May 31, and June 1, 2016, at the Carnegie Forum; and WHEREAS, the City Council is required to adopt the Appropriations Spending Limit for 2016/17; 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 2016/17 Financial Plan and Budget, as proposed by the City Manager, be approved as follows: Budget General Fund Police $19,872,500 Fire $11,552,550 Public Works $2,177,750 City Clerk $686,170 City Manager $477,810 City Attorney $530,830 Internal Services $3,826,830 Economic Development $589,910 Non -De artmental $8,765,760 Total General Fund $48,480,110 Other Funds Electric Utility $73,705,900 Water Utility $11,632,580 Wastewater Utility $20,965,390 Transit $5,894270 Streets $3,887,610 Community Development $2192120 Parks Rec & Cultural Services $6,292,640 Library $1,362,400 Transportation Development Act $30,000 Community Dev Block Grant $1,128,620 Public Safety Special Revenue $464,790 Capital Outlay $984,740 Equip & Vehicle Replacement $584,000 Debt Service $1,756,780 Benefits $8,118,440 Self Insurance $3,620,720 Trust and Agency $62,500 Fleet Services $1,886,930 Total Other Funds $1442570,430 1 Park Maintenance Worker 1/11 Grand Total $193,050,540 2. That the funds for the 2016/17 Financial Plan and Budget are appropriated as summarized in the document on file in the City Clerk's Office; 3. That position additions and deletions be approved as shown in the table below effective July 1, 2016: Classification Department Number Electric Distribution Operator Electric 1 Electric Lineman/Linewoman Electric 1 Metering Technician Electric 1 Library Assistant Libra 1 Park Maintenance Worker 1/11 PRCS 1 Police Records Clerk Police 1 Public Works Inspector 1/11 Public Works 1 Plant and Equipment Mechanic Public Works 1 Net positions added 4 and; 4. That the Appropriations Spending Limit be increased by $5,512,162 from the 2015/16 level of $90,095,588 to the 2016/17 level of $95,607,750 in accordance with the calculations on Attachment 1 and Exhibits A through G. Dated: June 1, 2016 I hereby certify that Resolution No. 2016-91 was passed and adopted by the City Council of the City of Lodi in a regular meeting held June 1, 2016, by the following votes: AYES: COUNCIL MEMBERS — Johnson, Kuehne, Mounce, and Nakanishi NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — Mayor Chandler ABSTAIN: COUNCIL MEMBERS — None tr 4R. FEERRAIOLO Clerk 2016-91 2016-17 FINANCIAL PLAN AND BUDGET ATTACHMENT 1 APPROPRIATIONS SPENDING LIMIT 2016-17 APPROPRIATIONS SPENDING:WW .;._:.,.:•;.1, 4.[:K:::�::. tic? • . •:is:::i: :::i:iy. ''-:ii iii E:� i:i:i: ti•�:::t:ff•::t;;: '. rfiyi.. . 1.f :1..•.•N:.•iii=]T�::•YI..I .lI.:::::;::� ••'•:1::"[ •+.%:::' :,K. {.;> . ::•:t:...:.:. ':.G1• L�':::::::::::'::::�':::::::::•::;::.:<:::1.�.f af• �' ,5.. ii;t iii: i:7e ":;f?.. �•:!••:....5.......:7.:.i•.:i::�:.. ,• 7:eei:is[I.sri :- :,L r:':.}i iv::;:ti,I :ic•:w.•.:::iiie6'r;? •?i^'niyi' �: ;ijil JJ....;.Lsi[- %}%: .5.: :.[.:{i$.. -s. [.:. YI-i i.:::]::::%i:1iF•. .1::::: �:i'.: ....E.:.. ':ti:::=::': �'::i:::: •::t W!�-.�� ": JS•:.i Last Year's Limit 90,095,588 Adjustment Factors 1 Population % 1.0537 2 Inflation % 1,0071 Total Adjustment % 1.06118 Annual Adjustment 5,512,162 Adjustments None Total Adjustments 5,512,162 01( 0P..,: ITi:I :i s:< .. -[:�-. ::_.�•:::_::::::::ti . 2016-17 APPROPRIATIONS SUBJECT TO LUUffATION I PROCEEDS OF TAXES EXCLUSIONS 37,281,365 APPROPRIATIONS SUBJECT TO LIMITATION 37,281,365 CURRENT YEAR LIMIT 95,607,750 EXHIBIT A City of Lodi Appropriations Spending Limit Fiscal Year 2016-17 A. Last Year's Limit I NIMMM B. Adjustments Factors 1 Population % I:v53'i (Exhibit B) 2 Inflation % 1.007I. (State Finance) Total Adjustment % 1.01i& (Bl*B2) C. Annual Adjustment Vit. (B*A) D. Other Adjustments None E. Total Adjustments $;55162 (C+D) F. This Year's Limit I i!W. 73A J. (A+E) City of Lodi EXH BIT B Appropriations Spending Limit Growth Facturx/Calculallons 88.89 4.66 4.96 3.32 89-90 5.19 2.52 2.20 90-91 4.21 2.26 2123 91-92 4,14 1,19 2.64 92-93 -0,64 0.97 2.41 93-94 2.72 0.73 2.13 94-95 0.71 0.51 1.57 95-96 4.72 1.31 1.59 96.97 4,67 1.68 1.85 97-98 4.67 0.70 1.21 98-99 4.15 1.16 1.47 99.00 4.53 194 1.44 00-01 4.91 1.29 1.78 01-02 7.82 1.90 2.71 02-03 -1.27 2.14 3.07 03.04 2.31 1.69 2.86 04-05 3,20 0.75 2.54 05-06 5.26 0.96 2.65 06.07 3.96 0.30 2.00 07-08 4.42 0.90 1,73 09-09 4.29 0,68 1.59 09-10 0.62 0.42 1.07 10-11 -2.54 0.61 0.97 11-12 2.51 0.61 0.97 12-13 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 0.35 1.43 16.17 5,37 0.71 1.27 li 1YS: .. - - c=: x :• s i " : i Ha •:w. = WD �L<I- - k:_ i;;y,' : =•-:r:•:.Ir.•.::r: : e• 87.38 87-38 1,0347 x 1.0572 -1.0939 1.0939 x $22,654,787 $24,782,072 88-89 1.0466 x1.0496-1.0985 1.0985 x $24,782,072 $27,223,106 89-90 1.0519 x 1.0252 - 1.0784 1.0784 x $27,223,106 529,357,398 90-91 1.0421 x 1,0226 -1.0651 1.0657 x $29,357,398 531,286,179 91-92 1.0414 x 1.0264 -1.0689 1.0689 x 01,286,179 - 533,441,797 92-93 .9936 x 1.0241 -1.0175 1.0175 x 33,441,797 - $34,027,028 93-94 1.0272 x 1.0213 - 1.0491 1.0491:34,027,028 - $35,697,755 94-95 1.0071 x 1,0157 -1.0229 1.0229 x 35,697,755 $36,515,234 99-96 1.0472 x 1.0131 -1.0609 1.0609 x 36,515,234 $38,739,012 96-97 1.0467x 1.016 8-1.0643 1.0643 x 3873901Z - 541,229,332 97-98 1.0467x1.0070-1,0540 1.0540x 41,229,332 543,456,825 98-99 1.0415x1.01160=1, 0536 1.0536. 43,456,825 - $45,785,303 99-00 1.0 453x 1.0194-1.0656 1,0656x45,785,303 - x48,787,849 00.01 1.0491 x 1.0129-1.0626 1.0626x48,787,849 - 551,843,597 01-02 1.0782x1.0190=1.0987 356,959,824 1,0986858 02-03 .9873x1.0214-1.00843 557,439,894 1,00842822 03-04 1.0231x1.0169-1.0404 559,759,913 1.04039039 04-05 1.0328x1.01175=1.040546 562,182,939 1.040546 05-06 1.0526x1.0096=1.06270496 $66,092,118 1,06270496 06.07 1.0396x1,0030-1.0427188 $68,905,066 1.0427198 07-08 1.0442x1.0090-1.0535978 572,598,226 1.0535978 08.09 1.0429x1,0068-1.0499917 $76,227,535 1.0499917 09-10 1.0062x1.0042-1.01042604 $77,022,286 1.01042604 10-11 .9746x1.0061198054506 $75,523,822 0.98054506 11-12 1.0251x1.0061-1.03135311 $77,891,729 1.03135311 12-13 1.0377x1.0077=1.04569029 $81,450,625 1.04569029 13-14 1.0512"1.0057-1.05719184 $86,100,936 1.05719184 14-15 11.9977x1.0066-1,00428482 $86,477,897 1.00428482 15-16 1.0382x1,0035-1.04183370 590,095,588 1.04183370 16-17 1.0537x1.0071-1,06118127 $95,607,750 1,06118127 16-17 Appropnstions Subject to Limit: x,17.281:365. 3H 99% $95,607,750 APPROPRIATIONS SUBJECT TO LIMITATION City of Lodi Fiscal Year 2016-17 A. PROCEEDS OF TAXES B. EXCLUSIONS C. APPROPRIATIONS SUBJECT TO LIMITATION D. CURRENT YEAR LIMIT E. OVER(UNDER) LIMIT 3� 3'ix8x;9�: 9507,750 3i' I 38.99% 95,607,750 EXHIBIT C (Exhibit F) (Exhibit D) (A -B) (Exhibit A) (C -D) EXCLUDED APPROPRIATIONS City of Lodi Fiscal Year 2016-17 EXHIBIT D COURT ORDERS Subtotal None FEDERAL MANDATES Subtotal None QUALIFIED CAPITAL OUTLAYS Subtotal None QUALIFIED DEBT SERVICE Subtotal None TOTAL EXCLUDABLE No (Copy to Exhibit C & G) City of Lodi Schedule to Match User Fees to Costs Fiscal Year 2016-17 EXHIBIT E Public Safety Fees Parks and Ree/Cultural Fees Community Development Fees PW Engineering Fees Library Fees Total 379,750 31,425,050 0 1,799,370 6,292,640 0 529,300 1,870,120 0 558,310 1,291,990 0 35,000 1,362,400 0 3,301,730 42,242,200 0 City or Lodi Fisca I Year 2016-17 TAXES: Property Taxes Sales & Use Tax Business License Tax Franchise Tax Transient Occupancy Tax Real Property -Documentary Tax In -Lieu Franchise Tax FROM STATE Motor Vehicle In Lieu State H -way Maintenance Gas Tax Cigarette tax Transportation Development Act TDA-Pedestrian/Bike Path SB 300 Transportation Partnership Measure K Funds State Reimbursements -POST Public Library grants PERS Rebate SB90 Reimbursements Asset Seizure Funds/Auto Theft Drug Suppression Grant State special grants Traffic Congestion Relief State STIP reimbursement LOCALLY 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 011ier revenue Interfund Transfers SUB -TOTAL (for Exhibit G) INTEREST EARNINGS (from Exhibit G) TOTAL REVENUE (use for Exhibit C) RESERVE WITHDRAWALS (Including appropriated Fund Balance) TOTAL OF THESE FUNDS OTHER FUNDS NOT INCLUDED GRAND TOTAL BUDGET EXHIBIT F Calculation -Proceeds of Taxes 9,496,810 - 9,496,510 11 526 070. 367,730 11,893,800 1,470,000 l 470000 1906 000 1 906 000. 650,000 650 040 160,000 160,000 7,131 X0 7,131,3301 4 896 30 4896230 11.400 - 11400. 1,307,450 1 07450 1,607.1601 0 3,659,(W 3650000 47,100 47 00 0 0 930,000 930;000 35,000 35000 15.000 15,000 0 0 50,000 50.000 0 0 301,410 301 410. 361,980 361,980 0 0 0 0 1,457.500 1 l 457 500 1,298,4801 1,298,480 1,988,000 1,989000 1,607.1601 1,607 160 3735 .MOM LX47 AM 1 WIS:1 71 640 175 3 StI[I 0 9� 4 13r171E7 0. 1*+t4Z5T ffi>TO Interest Earnings Produced by Taxes City of Lodi Fiscal Year 2016-17 EXHIBIT G A. NON-INTEREST TAX PROCEEDS 37 it ^(Exhibit F) B. MINUS EXCLUSIONS 0 (Exhibit D) C. NET INVESTED TAXES 37 A. (A -B) D. TOTAL NON-INTEREST BUDGET 59.297 000., ^(Exhibit F) E. TAX PROCEEDS AS PERCENT 62.80/0 (C/D) OF BUDGET F. INTEREST EARNINGS 71 G. AMOUNT OF INTEREST EARNED 41lF25 (E"F) FROM TAXES H. AMOUNT OF INTEREST EARNED ON NON -TAXES x6:613 (F -G) I. Take the result of steps #G & H Copy on to Exhibit F