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HomeMy WebLinkAboutAgenda Report - June 21, 2017 C-17CITY OF LODI COUNCIL COMMUNICATION AGENDA ITEM C4 7 TM AGENDA TITLE: Adopt Resolution Ratifying the San Joaquin Council of Governments' Annual Financial Plan for Fiscal Year 2017/18 MEETING DATE: June 21, 2017 PREPARED BY: Public Works Director RECOMMENDED ACTION: Adopt resolution ratifying the San Joaquin Council of Governments' Annual Financial Plan for Fiscal Year 2017/18. BACKGROUND INFORMATION: A summary of the San Joaquin Council of Governments' (SJCOG) Annual Financial Plan (AFP) for Fiscal Year 2017/18 is attached as Exhibit A. The SJCOG Board adopted the AFP on March 23, 2017 (Exhibit B). Pursuant to SJCOG's Joint Powers Agreement, the budget is to be ratified by the City of Lodi and the other agencies in the County following adoption by the SJCOG Board. Staff would like to acknowledge both the importance of the work SJCOG performs and the significant and excellent assistance their staff provides in delivering transportation projects in the City and the entire County. FISCAL IMPACT: This is the operating plan for SJCOG. SJCOG oversees Measure K funding for several projects in Lodi, including street maintenance, as well as the administration of several federal funding sources. FUNDING AVAILABLE: Not applicable. Charles E. Swimley, Jr. Public Works Director CES/RAY/tdb Attachments cc: Janice D. Magdich, City Attorney Steve Dial, COG Deputy Executive Director/Chief Financial Officer APPROVED: ephen Sauer, City Manager K:\WP\COUNCIL\2017\COGFinancialPlan.doc 5/30/17 FY 2017-13 Proposed Flnal 3/23/17 $ 3,709,166 $ 558,574 $ 4,051,915 $ 5,000 $ 75,000 $ 8,339,655 REVENUES SJCOG Annual Financial Plan April 17, 2017 Page 4 San Joaquin Council of Governments ANNUAL FINANCIAL PLAN Fiscal Year 2017/18 Proposed Final March 23, 2017 FY 2015-16 FY 2016-17 Actual Amendment #1 Federal Grants $ 3,094,084 $ 3,555,606 State Grants $ 2,537,251 $ 1,498,186 Local $ 2,522,701 $ 4,205,191 Interest $ 4,825 $ 5,000 Other $ 15,343 $ 15,000 SJCOG OPERATING REVENUE S 8,174,204 $ 9,278,982 EXPENDITURES Salaries & Benefits $ 3,436,556 $ 4,183,048 Services &Supplies $ 977,084 $ 1,144,259 Office Expense $ 192,331 $ 247,350 Communications $ 54,664 $ 56,000 Memberships $ 48,304 $ 46,000 Maintenance - Equipment $ 6,198 $ 13,000 Rents & Leases - Equipment $ 149,377 $ 300,000 Transportation,Travel & Training (In & Out of State) $ 112,276 $ 110,000 Publications & Legal Notices $ 2,087 $ 3,000 Insurance $ 99,018 $ 103,000 Building Operations & Maintenance $ 176,297 $ 165,909 SJCOG Building Debt Service $ 136,532 $ 100,000 Professional Services $ 2,789,640 $ 3,631,175 Capital Outlay $ 397,913 $ 320,500 Unatlncated/Reserve SJCOG OPERATING EXPENDITURES $ 7,601,193 $ 9,278,982 Excess (Deficit) Revenues Over Expenditures (Operating) $ 4,135,664 $ 1,177,200 $ 256,200 $ 56,000 $ 56,000 $ 13,000 $ 300,000 $ 110,000 $ 3,000 $ 108,000 $ 175,000 $ 100,000 $ 2,706,291 $ 320,500 S 8339.655 $ 573,011.00 $ 0.00 $ +/- Change +/- % Change $ 153,560 4.14% $ (939,612) -168.22% $(153,276) -3.78% $ 0.00% $ 0.00% $(939,327) -11.3% $ (47,384) -1.1% $ 32,941 2.8% $ - $ 8,850 3.5% $ - 0.0% $ 10,000 17.9% $ 0.0% $ 0.0% $ 0.0% $ 0.0% $ 5,000 4.6% $ 9,091 5.2% $ 0.0% $ - $(924,885) -34.2% $ - $ - 0.0% $(939,327) -11.3% $ (0.00) RESOLUTION SAN JOAQUIN COUNCIL OF GOVERNMENTS R-17-25 RESOLUTION APPROVING THE ADOPTION OF THE 2017-18 ANNUAL FINANCIAL PLAN FOR THE SAN JOAQUIN COUNCIL OF GOVERNMENTS WHEREAS, the San Joaquin Council of Governments is required by the Joint Powers Agreement to adopt a budget (Annual Financial Plan) annually, and WHEREAS, the adopted budget is to be sent to the member agencies for ratification. NOW THEREFORE BE IT RESOLVED, that the San Joaquin Council of Governments adopts the FY 2017-18 Annual Financial Plan and directs the Executive Director to transmit it to the member agencies for ratification. PASSED AND ADOPTED this 23rd day of March 2017 by the following vote of the San Joaquin Council of Governments, to wit: AYES: NOES: ABSENT: TEPHEN DEBRUM Chair RESOLUTION NO. 2017-121 A RESOLUTION OF THE LODI CITY COUNCIL RATIFYING THE SAN JOAQUIN COUNCIL OF GOVERNMENTS' 2017/18 ANNUAL FINANCIAL PLAN WHEREAS, the San Joaquin Council of Governments (SJCOG) has approved its Fiscal Year 2017/18 budget by adopting Resolution No. R-17-25, as shown on Exhibit A attached hereto and made a part of this Resolution; and WHEREAS, SJCOG is required to forward such Resolution to its member governments for their review and ratification. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby ratify the San Joaquin Council of Governments 2017/18 Annual Financial Plan. Dated: June 21, 2017 hereby certify that Resolution No. 2017-121 was passed and adopted by the City Council of the City of Lodi in a regular meeting held June 21, 2017, by the following vote: AYES: COUNCIL MEMBERS — Chandler, Johnson, and Mayor Kuehne NOES COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — Mounce and Nakanishi ABSTAIN: COUNCIL MEMBERS — None ,(SAAJA ENNIFE M. ERRAIOLO City Clerk 2017-121 EXHIBIT A RESOLUTION SAN JOAQUIN COUNCIL OF GOVERNMENTS R-17-25 RESOLUTION APPROVING THE ADOPTION OF THE 2017-18 ANNUAL FINANCIAL PLAN FOR THE SAN JOAQUIN COUNCIL OF GOVERNMENTS WHEREAS, the San Joaquin Council of Governments is required by the Joint Powers Agreement to adopt a budget (Annual Financial Plan) annually, and WHEREAS, the adopted budget is to be sent to the member agencies for ratification. NOW THEREFORE BE IT RESOLVED, that the San Joaquin Council of Governments adopts the FY 2017-18 Annual Financial Plan and directs the Executive Director to transmit it to the member agencies for ratification. PASSED AND ADOPTED this 23rd day of March 2017 by the following vote of the San Joaquin Council of Governments, to wit: AYES: Mayor DeBrum, Manteca; Councilmember Dresser, Lathrop; Vice Mayor Holman, Stockton; Supervisor Miller, SJC; Mayor Laugero, Escalon, Mayor Tubbs, Stockton; Supervisor Winn, SJC; Mayor Rickman, Tracy; Councilmember Zuber, Ripon; Mayor Kuehne, Lodi. NOES: None. ABSENT: Councilmember Lofthus, Stockton; Supervisor Elliott, SJC Chair