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HomeMy WebLinkAboutResolutions - No. 2017-109RESOLUTION NO. 2017 -109 A RESOLUTION OF THE LODI CITY COUNCIL ADOPTING THE CITY OF LODI FINANCIAL PLAN AND BUDGETFoRTHEF¡SCALYEARBEGINNINGJULYI,2oIT AND ENDING JUNE 30, 2018, AND APPRoVING THE 2017118 APPROPRIATIONS SPENDING LIMIT ======================================================================== WHEREAS, the City Manager submitted the 2Q17118 Financial Plan and Budget to the City Council on MaY 18,2017; and WHEREAS, the 201711g Financial PIan 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 2, May 9, and May 23, 2017 atthe Carnegie Forum; and WHEREAS, the City Council is required to adopt the Appropriations Spending Limit for 2017118; 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 lT RESOLVED by the City Council of the City of Lodi as follows: 1. That the 2017118 Financial Plan and Budget, as proposed by the CityManager, be approved as follows: Budget General Fund Police $19,804,640 Fire $1 1,695,580 Public Works $2,322,320 City Clerk $562,290 Citv Manaqer $476,690 Citv Attorney $557,480 lnternal Services $3,935,880 Economic ent $468,070 Non-De rtmental $10,565,830 Total General Fund $50,388,780 Other Funds Electric 874,784,690 Water $16,612,210 Wastewater Utility $17.294,260 Transit $6,737,080 Streets $4,213,430 Commun Develo $3,906,660 Rec & Cultural Services $6,160,970 Library $1,527,940 Transportation DeveloP ment Act $50,000 Commun Dev Block Grant $1,044,340 Public Safety S Revenue $270,500 Capital Outlay $732,040 u & Vehicle nt $240,000 Debt Service $1.757,140 Benefits $8,909,600 Self lnsurance $3,752,960 Trust and Agency $73,000 Fleet Services $1,948,600 Total Other Funds $150,015,420 Grand Total $200,404,200 Z. That the funds for the 2017118 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 ,2017: Glassification Department Number Groundworker Electric (1) Senior Administrative Cl erk Fire (1) Accountant lnternal Services 1 Librarian Library (1) Park S rintendent PRCS (1) Recreation S ndent PRCS (1) PRCS Director PRCS 1 Electrician Water Services (1) Net positions reduction (4) I hereby certify that Resolution No. 2017-109 was passed and adopted by the City Council of the City of Lodi in a regular meeting held June 7,2017, by the following vote: AYES: COUNCIL MEMBERS - Chandler, Mounce, Nakanishi, and Mayor Kuehne NOES: COUNCIL MEMBERS - Johnson ABSENT: COUNCIL MEMBERS - None ABSTAIN: COUNCIL MEMBERS - None and; 4. That the Appropriations Spending Limit be increased by $4,558,937 from the 2016t17 level of $95,607,750 to the 2017118 level of $100,166,687 in accordance with the calculations on Attachment I and Exhibits A through G. ^n1fuN N¡FER City Clerk 2017-109 FERRAIOLO Attachment I 201 7-1S FTNANCIAL PLAN AND BUDGET APPROPRIATIONS SPENDING LIMIT 2017-SPENDING AIVTOUN]Ï- , 95,607,750Year's Limit 1.0104 1.0369 F actors Annual Adjustment Adjustments Adjustments Population 7o Inflation 7o 1.04768 4,5581937 None 4,558,937 I t Adjustment 7o ,tÞrno'pn"lnrrroÈ¡$ srn¡r,niNc,LxilniT 2017-18 TIONS LIMITATION ,, :' .aMouNT PROCEEDS OF TAXES EXCLUSIONS APPROPRIATIONS SUBJECT TO LIMITATION CURRENT YEAR LIMIT 38,181,190 38,181,190 100,166,687 EXIIIBIT A A. LastYear's Limit B. Adjustments Fsctors Total Adjustment %o C. Annual Adjustment D. Other Adjustments E. Totrl Adjustments F. This Yearrs Limit City of Lodi Appropriations SPending Limit Fiscal Year 2017-18 Population 7o Inflation 7o 750 1.0369 None I 2 (Exhibit B) (State Finance) (81*82) (B*A) (c+D) (À+E) 1.0471 .937 City oflodl Approprirtions Spendirg Limit Cro{th Ftctorr/C¡lcul.tionr 4.66 5.19 4.21 4.14 -0.ó4 2.12 o,1t 4,12 4,67 4.61 4.15 4.53 4,91 7.42 -t.21 2.11 3,28 s,26 3.96 4,42 4.29 o.6¿ -2,54 2,51 x.17 5.t2 -023 3.82 s.l7 1.69 EXHIBIT B 8&89 89-90 9&91 9t-92 92-93 93-94 9ç95 9396 9ó.91 97-98 9&99 99.00 üL0l 01-02 02-03 0104 0405 05.{16 0607 07-08 0&09 09-10 t0-1I ll-12 tLtS 1$14 1,1-15 1916 1él1 17-18 496 252 226 1.19 0.97 0.73 0.51 t.31 1.68 0.70 l'ló 1,94 1.29 1.90 2,14 1.69 oJ5 0J6 0.30 0.90 0.68 042 0.61 0.61 0.17 057 0.66 0.35 r,7l t.04 3l.2 2,1à 2,23 2.64 2,41 2,13 1,57 1.59 1.85 t.2t 1.41 lA4 L1A 2,71 3,07 2.86 2.54 2.65 2.00 1,73 1.59 t.o7 0,91 0.91 1,05 0.95 1.10 1.43 1,21 1.53 87-88 8&89 89-90 9G91 9l-v2 9L9t 1.0347t1.05?2=1.0939 1.t939 ¡ Í22'654'187 1.ø6611.ø96=1,(D85 l.O985xî''r'i182,072 l,ffll9r1O25Z=1.0784 1.0184 rf27 ,221'lO6 t-0/,2l x l.ù226 =1,0637 1,0657 ¡ $2935?,398 1.0a14 ! 1.0264 =1.0689 1.0689 r S31186,179 î24,782ï12 627223,1M ¡29,357,398 $31,286,1?9 933141t797 .99J6 x 1.0241 =1.0175 9U94 9495 9S96 9G91 97-98 9&99 99-00 ü!01 0l-02 02-03 0104 0,1-05 0$06 06î7 07-0E 0&09 09-10 lGlt tl-t2 lLlt llt4 1¡l-15 1$t6 r611 t7-ta l.0l7sr33A4r;191 1.0272¡ 1.0213=1.0491 1.049k 34,02?,028 l.tî1t tl.OlST =1.W29 l.Ong ttS'697'1SS $34p27,028 s35,697,75s s36,515,234 $38,?39,012 vt?29,332 v3As6,825 s4s185,303 s48,787,849 $51,843,597 $56Bs9,824 $57139,894 s59,759,913 $62,182,939 $66,082,118 $68B05,066 s72,598,226 s16,227,535 f77ß22,1ß6 f15,523,822 $11ß91,129 $81150,625 $86,108,936 sú411,897 s90,095,588 $95,607,750 $100,166,687 l.ü72 ¡ 1.0131 *1.0609 1.0609 x 3ó.515,234 l.g6?¡1,0168=1.0643 1.0ó13 r 38739012 1.0467x1.1X)7(Þ1.0540 1.0540t 41,229'332 1.(X91x1.0129=t.0626 1,0626t48J87'849 l.ü82r1.019(Þ1.(B87 1.0986858 .9873¡1.021,1=1.0O843 1.w42822 1.0231¡1.0169=1.0404 1.ü039039 1.1132811.ü175=1.ü016 l.(X05,16 1.0526¡1.fi )96=1.06270496 l.ß210496 1.039611.cO3(Þ1.0427188 Lr421ßA l.&42x1.009F1.0!i35978 1.0535978 1.0429x1.00ó8=1.0499917 t,0499917 l.O062tl.oo42=1.010426ø l,ollM?ßM .9746¡1.û161=.98054506 0.98054506 1.0251x1.0061=1.03135311 1.031353I1 Lßl 1 xl,0O7 7 =1.04569029 |.o456m29 1.üit2*1.0057=1.05719t84 1,057t9184 0.997 1 xl.M66=1.00428482 '-00428/82 1.m82x1.(x)35=1,04183370 r.04183370 1.053711.c{71=I.061 18127 1.06118127 1,036911.0104=1.04768376 t,04168376 I.ß15!1.0116È1.0536 1.0536x ,1i1,456,825 l.ø53x1.0194=1.0656 1,0656145,785,303 $38-181.t90 $100,166,687 I 7- I 8 Appropriations Subjøt to Limit: 38.t2% EXIIIBIT C APPROPRIATIONS SUBJECT TO LIMITATION City of Lodi tr'iscal Year 2017-18 A. PROCEEDSOFTAXES B. EXCLUSTONS C. APPROPRIATTONS SUBJECT TO LIMITATTON D. CURRENTYEARLIMIT E. OVER({j¡{DER) LIMIT 38,181,190 100.166.687 38.12o/o (Exhibit F) (ExhibitD) (A-B) (Exhibit A) (c-D) 38.181.190 100,166,687 0 EXHIBIT D EXCLUDED APPROPRIATIONS City of Lodi X'iscal Year 2017-18 COURT ORDERS Subtotal FEDERAL MAITDATES Subtotal QUALIFIED CAPITAL OUTLAYS Subtotal QUALIFIED DEBT SERVICE Subtotal TOTAL EXCLUDABLE (Copy to Exhibit C & G) None None None None None Public Safety Fees Parks and Rec/Cultural Fees Community Development X'ees PW Engineerlng Fees Library Fees Total City of Lodi Schedule to Match User X'ees to Costs F'iscal Year 2017-18 371,850 1.,757,000 6o2,0oo 870,510 35,000 EXHIBIT E 31,500,220 6,160,970 3,906,660 1,344,560 1,1710944 3.636,360 44.090"350 0 0 0 0 0 0 EXHIBIT F Cålculation - Proceeds of Taxes C¡ty of Lodi f iscal Year 2017-18 TAXES: Property Taxes Sales & Use Tax Bminess License Tax Franchise Tax Transient Occupancy Tax Real Property -DocumentarY Tâx In-Lieu Franchise Tax F'ROMSTATE Motor Vehicle In Lieu State H-way Maintenance Gas Tax Cigarette tax Transportation Development Act TDA -Pedestrian/Bike Path SB 300 Trânsportation Partnership Measu¡e K Funds State Reimbu¡sements-POST Public Library grants PERS Rebate SB90 Reimbursements Asset Seizure Funds/Auto Thefr Drug Suppression Grant State speci¿l g¡ants Traffi c Congestion Relief State STIP reimbursem€nt LOCALLY RAISED Fines, Forfeitures, Penâlties Licenses and permits Rent of City Property Development Fees USER FEES (from Exhibit E) OTIMR MISCELLA¡IEOUS Sale ofProperly Restitution-Damage to Property Other revenue fnterfund Trânsfers SUBTOTAL (for Exhibit G) ITTITEREST EARNINGS (t'om Exhibit G) TOTAL REVEN{'E (use for Exhibit C) RNSERVE WTHDRAWALS (Including appropriated Fund Balance) TOTAL OF TIIESE FUNDS OTÍIER FUNDS NOT INCLUDED GRAND TOTAL BUDGET 9,885,200 9.885.200 11.490.830 374.000 1 1,864,830 1.590.000 1.590,000 1.964.000 1.964.000 800.000 800,000 210,000 210.000 7.158.850 7,158,850 5.018.600 5.018.600 11,400 I 1.400 1.766.360 r.766.360 0 3.400.000 3.400.000 49.000 49,000 0 U 955,000 955.000 35.000 35,000 15-000 15.000 0 0 50.000 50,000 0 0 30 1.4 l0 301_410 3.264.560 3,264,560 0 0 0 0 1.44s.000 1.445,000 1.569.420 1.569.420 2.036.000 2-036-000 2.534.990 2.534.990 0 3.636.360 3.636,360 0 0 1,000 1.000 821.280 821,280 6-3t4.870 6.314,870 1 63-710 47 EXIIIBIT G Interest E¡rnings Produced by Taxes City of Lodi Fisc¡l Year 2017-18 ^(Exhibit F) (Exhibit D) 38.117.480 (A.B) "@xhibitF) (crD) 63.710 (E*Ð (F-G) A. NON.INTEREST TAX PROCEEDS B. IVÍINUSEXCLUSIONS C. I\{ET INVESTED TAXES D. ÎOTAL NON-INTEREST BUDCET E. TAX PROCEEDS AS PERCENT OFBTJDGDT F. TNTERESTEAR}TINGS C. AMOUI{T OF INTERTST EAR¡IED FROMTAXES II. AMOUNT OF INTEREST EAR}¡ED ONNON-TAXES I. Take the Ìesultof stePs #G & H Copy on to Exhibit tr 0 66.698, s1 tll