Loading...
HomeMy WebLinkAboutResolutions - No. 2020-102RESOLUTION NO. 2020-102 A RESOLUTION OF THE LODI CITY COUNCIL RATIFYING THE SAN JOAQUIN COUNCIL OF GOVERNMENTS' 2020/21 ANNUAL FINANCIAL PLAN WHEREAS, the San Joaquin Council of Governments (SJCOG) has approved its Fiscal Year 2020/21 budget by adopting Resolution No. R-20-28, 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 hereby ratifies the 2020/21 Annual Financial Plan for San Joaquin Council of Governments. Dated: May 20, 2020 I hereby certify that Resolution No. 2020-102 was passed and adopted by the City Council of the City of Lodi in a regular meeting held May 20, 2020, by the following vote: AYES: COUNCIL MEMBERS — Chandler, Mounce, Nakanishi and Mayor Kuehne NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None PAMELA M. FARRIS Assistant City Clerk 2020-102 i San Joaquin Council of Governments ANNUAL FINANCIAL PLAN Fiscal Year 2020/2021 Proposed March 26, 2020 FY 2018-19 FY 2019-20 FY 2020-21 REVENUES I Actual Amendment #2 Proposed Change %Change Federal Grants $ 2,968,365 $ 4,787,233 $ 5,019,336 $ 232,103 4.85% State Grants $ 1,170,677 $ 3,547,225 $ 3,023,089 $ (524,136) -14.78% Local $ 4,238,440 $ 4,744,609 $ 5,602,069 $ 857,460 18.07% Interest $ 19,006 $ 5,000 $ 20,000 $ 15,000 300.00% Other $ 26,712 $ 15,000 $ 29,000 $ 14,000 93.33% SJCOG OPERATING REVENUE $ 8,423,199 $ 13,099,067 $ 13,693,494 $ 594,427 15.82% EXPENDITURES Salaries & Benefits $ 4,104,749 $ 4,466,831 $ 4,641,882 $ 175,051 3.92% Services & Supplies $ 1,091,352 $ 1,282,470 $ 1,207,300 $ (75,170) -5.86% Office Expense $ 229,391 $ 262,470 $ 242,500 $ (19,970) -7.61% Communications $ 76,144 $ 80,000 $ 60,000 $ (20,000) -25.00% Memberships $ 40,206 $ 50,000 $ 45,000 $ (5,000) -10.00% Maintenance - Equipment $ 7,827 $ 10,000 $ 10,000 $ 0.00% Rents & Leases - Equipment $ 105,285 $ 225,000 $ 150,000 $ (75,000) -33.33% Transportation,Travel & Training (In & Out of State) $ 144,311 $ 114,500 $ 121,000 $ 6,500 5.68% Publications & Legal Notices $ 2,809 $ 7,500 $ 7,500 $ - 0.00% Insurance $ 110,063 $ 133,000 $ 146,300 $ 13,300 10.00% Building Operations & Maintenance $ 192,173 $ 200,000 $ 225,000 $ 25,000 12.50% SJCOG Building Debt Service Principal and Interest $ 183,144 $ 200,000 $ 200,000 $ - 0.00% Professional Services $ 2,490,577 $ 7,154,266 $ 7,648,812 $ 494,546 6.91% Capital Outlay $ 146,214 $ 195,500 $ 195,500 $ - 0.00% Unallocated/Reserve SJCOG OPERATING EXPENDITURES $ 7,832,892 $ 13,099,067 $ 13,693,494 $ 594,427 4.54%