HomeMy WebLinkAboutResolutions - No. 2018-112RESOLUTION NO. 2018-112
A RESOLUTION OF THE LODI CITY COUNCIL
ADOPTING THE CITY OF LODI FINANCIAL PLAN AND
BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1, 2018
AND ENDING JUNE 30, 2019, AND APPROVING THE 2018/19
APPROPRIATIONS SPENDING LIMIT
WHEREAS, the City Manager submitted the 2018/19 Financial Plan and Budget to the
City Council on May 22, 2018; and
WHEREAS, the 2018/19 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 8, May 15, and
May 22, 2018, at the Carnegie Forum; and
WHEREAS, the City Council is required to adopt the Appropriations Spending Limit for
2018/19; 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 2018/19 Financial Plan and Budget, as proposed by the City Manager be
approved as follows:
Budget
Police Department
$20,852,850
Fire Department
$12,088,480
Internal Services Department
$4,231,320
Non -Departmental
$4,152,490
Parks, Recreation and Cultural Services
$3,881,960
Public Works
$2,491,940
Library
$1,337,700
City Clerk
$738,420
City Attorney
$540,280
Economic Development
$501,500
City Manager
$483,440
Total General Fund
$51,300,380
Other Funds
Electric Utility
$75,129,490
Water Utility
$13,500,210
Wastewater Utility
$19,541,930
Transit Fund
$4,611,640
Streets
$6,282,.Q70
Community Development
$2,229,990
Parks Recreation & Cultural Services
$6,224,990
Other Funds, continued
Department
Library
$1,437,700
Fleet Services
$2,021,030
Transportation Development Act
$60,000
Community Development Block Grant
$1,233,920
Public Safety Special Revenue
$315,000
Capital Outlay
$1,660,340
Vehicle Replacement & Equipment
$486.,000
Debt Service
$1,757,440
Benefits
$8,926,960
Self -Insurance
$4,176,680
Trust and A ency
Grand Total
$83,000
$200,979,370
2. That the funds for the 2018/19 Financial Plan and Budget are appropriated in the
document on file in the City Clerk's Office; and
3. That the positions additions and deletions are approved as shown in the table below
effective July 1, 2018:
Classification
Department
Change
Neighborhood Services
Manager
Dev.
Eliminate
-Community
Battalion Chief
Fire
Eliminate
Budget Manager
Internal Services
Re -class
Program Coordinator
PRCS
Re -class
Engineering Aide
Water Services
Eliminate
Water Services Technician
Water Services
I Add
4. That the Appropriations Spending Limit be increased by $5,586,825 from the
2017/18 level of $100,166,687 to the 2018/19 level of $105,753,512 in accordance
with the calculations on Attachment A.
Dated: June 6, 2018
I hereby certify that Resolution No. 2018-112 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held June 6, 2018, by the following vote:
AYES: COUNCIL MEMBERS — Chandler, Johnson, Kuehne, and Mounce
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — Mayor Nakanishi
ABSTAIN: COUNCIL MEMBERS — None
NNIFER FERRAIOLO
City Clerk
2018-112
Attachment A
2018/19 FINANCIAL PLAN AND BUDGET
APPROPRIATIONS SPENDING LIMIT
all
AMOUNT
Last Year's Limit 100,166,687
Adjustment Factors
1 Population % 1.0184
2 Inflation % 1.0367
Total Adjustment % 1.0558
Annual Adjustment 5,586,825
Adjustments None
Total Adjustment 5,586,825