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R-402 . . . . CM:MS:MS:bp Santa Monica, Callfornia Redevelopment Agency Meet1ng:: February 11, 1986 RESOLUTION NO. 402 (RAS) (REDEVELOPMENT AGENCY SERIES) A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA MONICA AMENDING THE BUDGET FOR THE FISCAL YEAR 1985-86 WHEREAS, the Redevelopment Agency adopted the annual budget for flscal year 1985-86 on June 18, 1985; and WHEREAS, the Executlve Director conducted a mid-year review durlng January 1986; and WHEREAS, the Redevelopment Agency may amend its budget by motion; NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. The budget for fiscal year 1985-86 is hereby amended by the revenue estlmate adjustments detailed on Exh1blt A. SECTION 2. The budget for the f1scal year 1985-86 is hereby amended by the appropr1at1on 1ncreases and reductions deta1led on Exhlblts Band C. SECTION 3. The budget for f1scal year 1985-86 1S hereby amended by the transfers w1th1n funds in departments which are detal1ed on Exh1bits D and E. 1 CM:MS:MS:bp Santa Monica, Callfornia Redevelopment Agency Meetlng:: February 11. 1986 . SECTION 4. The Agency Secretary shall cert1fy to the adoptlon of thlS resolutlon and thenceforth and thereafter the same shall be 1n full force and effect. APPROVED AS TO FORM: ~ \--. ' Robert M. Myers Clty Attorney ~ - . . 2 . Fund General . Hisc. Grants . EXHIBIT A PROPOSED ADJUSTMENTS TO FYl98S/B6 REVENUE BUOGET Account Name/ Account No. securred Property Tax 01-900-001-000-000 ,- Library Book Fines 01-906-160-000-000 Library Non-resident Fee 01-906-161-000-000 Library parking Lot 01-906-162-000-000 Library Book Loan prog. Ol-906-167-000-000 Film Proj./Video Fees 01-906-169-000-000 Library Copy Machine Rev. 01-907-163-000-000 Library Aud. Rent Rev. 01-907-l64-000-000 Art Commission Frog. Ol-907-182-000-000 Federal Aid-Safety 20-932-364-000-000 Cloverfie1d Park (Roberti ZIBerg) 20-932-392-000-000 Increase/ (Decrease) $(219,500) . 4l,700 2,000 ll,800 75,900 lO,400 8,900 1,900 (17,450) 49,500 91,000 Comment - passage of AB194B during 1985 will result in the shift of $2l9,SOO from the City to the school s in L.A. Co. Main library will not be closed for six months in FYl985-86. - Art Commission will deposit contributions in a separate account rather than a General Fund account. - To establish budgeted revenue for a reappropriated capital project for Barnard Way Barrier Project. - To reflect state approval of funding. . Cable Grant (Community Bulletin Board) 20-932-329-000-000 4,800 Historic Preservation Grant 14,000 20-932-372-000-000 . .. CDBG other Income 37,500 19-932-096-000-000 pier state Coastal Conservancy 520,000 30-905-217-000-000 . special Events Rev. (34,300) 30-93l-246-000-000 Airport Bond Issue Proceeds 33-934-252-000-000 (2,260,800) t Fed. Emergency Management (5,000) 33-932-2l8-000-000 CALTRANS (B76,OOO) 33-932-247-000-000 . - _~ t - To reflect approval of grant by Foundation for community services Cable Television. - To reflect con- tinuation of a grant program from FYl984/85 for which revenues are expected to be received this fiscal year. - To recognize ex- pected CHFA revolving loan fund revenues. - To reflect tional award and carryover FYl984-85. addi- grant minor from - pier Restoration corporation has changed its policy and will not be charging admission to entertainment events held in the pier Tent. - To recognize actual certivicate of participation proceeds. - To shift these revenue estimates to the new special Aviation Fund. Special eviation und Fed. Emergency Management 5,000 52-132-335-000-000 CALTRANS 555,000 52-132-247-000-000 Gas Tax SB300 Funds 322,244 43-905-059-000-000 Self Insurance Funds III a) Automobile Contribution 151,132 58-920-242-000-000 b) Worker's Com- contribution 566,667 pensation 59-920-243-000-000 .1 Bus contribution 177,550 57-920-241-000-000 Total Proposed Revisions $(766,057) CMDjlh:patrb .. . - To establish revenue estimates in this new fund and to recognize revised revenue estimates from CALTRANS. - To reflect passage of S8300 during 1985. - Reflects additional contributions required to make these funds actuaria1ly sound. - Reflects additional contributions required to finance increased liability insurance premium. . Fund General . . DeJ?artment Library Commun1ty & Economic Development Non-Depart- mental Non-Depart- mental Capital (Gen. Govt.) Capital (Comm. & Econ. Dev.) Capital (Ree. & Cultural) Exhibit B ~ Summary of Proposed Appropriation Increases/(Reduet1ons) Item Adjustment for additional supplies and expenses needed because Main Library did not close for six months as planned ($6,380) is partially offset by a reduction from savings in capital outlay accounts (-$4,530) which will partially finance a capital proJect overrun. Appropriation to centralize CDBG contingency in one account. Reimbursement from CDBd to General Fund for increased CDBG contin- gency in Community and Economic Development. Increased contributions required for Workers' Compensation Insurance ($398,934) and Auto Insurance ($89,621) funds. Additional, final expenses for Ocean Park Library reconstruction are financed from a Trust Fund account for Library purposes ($5,000) and from Library capital outlay savings ($4,530). Appropriation of funds received from settlement agreement to be us~d for Citywide Housing Trust, low-moderate income housing. Funds to supplement an existing appropriation ($20,OOO) for im- provements to the area between Palisades Park and the Pier. GENERAL FUND TOTAL Increase (Reduction) 1,850 56,860 (56,860) 488,555 9,530 46,000 20,250 566,185 ~ Beach Redevel- opment . CnBG . Department Recreation & Parks CED (operating) CED (Non- Departmental) CED (Capital) CED (Non- Departmental) CED (Capltal) ~' , Item Extended evening operation of the pier and trolley parking lots re- sults ~n temporary and overtime expenditures for additional personnel ($48,177). BEACH FUND TOTAL ~ Funds required for unanticipated earthquake insurance premium ($87,940) and legal expenses ($10,000) related to Santa Monica Place, unanticipated relocation expenses ($2,390), increased Farmer's Market operation and staff costs ($16,888), and for TSDC audit consultant contract and security reimbursement ($11,344) A decision not to use CDBG funds ($150,000) for the Mall Improvement Loan Fund (MILF) combined with minor technical adjustments decreases reimbursement to the Redevelopment Fund from other funds. Technical adjustment required to allow for previously budgeted expenditure of funds returned from escrow on purchase of various housing sites. REDEVELOPMENT FUND TOTAL Increase (Reduction) 48,177 48,177 128,562 141,078 50,697 $320,337 Transfer from capital accounts to 31,860 correct over-projection of 1984-85 carryover needs ($34,801) is partially offset by an appropriation reduction to match estimated revenues (-$2,941). Transfer of available funds to non-departmental accounts to concentrate available funds in one contingency account. CDBG FUND TOTAL (34,801) $ (2,941) ~ Wsc. Grants Refuse Pier . Audi- torium . Department Capital (Rec. & Cultural) Capital (Streets, Traffic Control & Parking) General Services General Services Capital (Rec. & Cultural) C1vic Aud1torium ~ Item Roberti Z'berg grant funds avail- able to support Clover Park Expansion project. Funds for two new elP projects to install thermoplastic bicycle lane and crosswalk markings City- wide. These projects will utilize grant funds already received by the City and available in fund balance for bikeway projects. MISCELLANEOUS GRANTS FUND TOTAL Increased contributions required for the Worker's Compensation Insurance ($74,233) and Vehicle Insurance ($24,181) Funds are partially offset by salary savings. REFUSE FUND TOTAL Transfer to the capital budget from operating budget savings ($40,200) due to the unavailability of wave wash insurance. Increase (Reduction) 91,000 61,000 152,000 62,302 62,302 (40,200) Transfer need for a modified CIP 40,200 project ($40,200) to paint the exter10r facades of pier buildings according to a PRC developed color and graphics plan. Total cost of ($60,000) is partially supported by deferral of a project to install exterior decora- t1ve light1ng on pier buildings ($19,800). Costs of painting are to be reimbursed by leaseholders over a 3 year period. ~ PIER FUND TOTAL Increase in required contribution to Worker's Compensation Fund ($6,800) and delayed billing of electric charges from PY8S ($29,800) are partially offset by other line item savings. AUDITORIUM FUND TOTAL o 25,296 25,296 ~ Airport Airport Special Aviation .metery Trans- porta- tion . Department Airport Airport General Services Municipal Bus Lines Capital (Bus Llnes) "r" - t Item Funds required to cover the cost of computer equipment originally budgeted and ordered in FY85 but not received until FY86 ($6,394), and funds needed to offset higher than anticipated bond issuance costs ($31,967) Transfer of Noise Monitoring System CIP project ($315,000) and the Airport Development elP projects ($550,000) to the Airport Special Aviation Fund. AIRPORT FUND TOTAL Transfer of Noise Monitoring System eIP project ($315,000) and a portion of the Airport Development CIP proJects ($550,000) from the Airport Fund. AIRPORT SPECIAL AVIATION FUND TOTAL Funds required to cover higher permanent employee costs due to special negotiated salary adjust- ments ($13,123), to offset an in- crease in vehicle insurance ($4,899) and for a cost accounting change in payment for the services of an investments management firm ($12,500) . CEMETERY FUND TOTAL Capital outlay items budgeted' in FY85 were not recelved and expended until the current year ($95,860). Includes various grant supported expenses: additional funds for Fare Collection equipment ($250,000): funds to install underground safeguards to prevent storm water from being contarnl- nated by fuel or oil spills ($48,OOO): and funds to install brake retarders ($474,500) six months earlier than planned. TRANSPORTATION FUND TOTAL Increase (Reduction) 38,361 (865,000) (826,639) 865,000 # 865,000 30,522 30,522 95,860 772,500 868,360 ~Tax Cable . Department Non-Depart- mental Capital Non-Depart- mental Compre- Non-Depart- hensive mental Self- Insurance Bus Self- Insurance . Non-Depart- mental ~ Item Unanticipated revenues from sale of property are available to appropriate for offset to streets related operating expenses ($221,042). Revenues received from passage of Senate Bill (Sa) 300 are appropriated for eligible street resurfacing projects {$322,244). GAS TAX FUND TOTAL Grant disbursement from Founda- tion for Cable Televislon to purchase additional equipment for character generator and reimburse Santa Monica_College for labor associated wlth inputting City information ($4,800). CABLE FUND TOTAL Additional costs due to higher than anticipated settlement actlvity and associated eXpenses ($191,500). COMPREHENSIVE FUND TOTAL Increased costs for Bus Liability Insurance ($177,550). BUq SELF-INSURANCE FUND TOTAL TOTAL ALL FUNDS Less Reimbursements/Transfers TOTAL ALL FUNDS (NET) Increase (Reduction) 221,042 322,244 543,386 4,800 4,800 191,500 191,500 177,550 177,550 3,025,735 (369,050) 2,656,685 . Fund Beach pier . . Exhibit C Adjustment to Capital Project Reappropriations (Estimated in 1985-86 Budget Resolution) Increase Amount .$ 33 , 000 $ 646,241 . Exhibit D I-! I-l 41 41 .jJ ,d :> ::::l u 0 ~ .-1..--1 p~ ,f:U 0 ): 0 u 0 III . 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Exh1bit E Summary of Transfers Within Departments Needing City Council Approval (No Net Budget Impact) Department INCREASE/(REDUCTION) BY ACCOUNT GROUP S&W S&E C/o (l, 400 ) Net C1'!ange C1ty Council 1,400 1,400 . 1,400 o Savings in capital outlay account is transferred to offset higher permanent employee costs due to MOil settlement ($1,400) . Finance (4,084) (4,084) 4,084 4,084 o Funds budgeted for professional services are available to support computer equipment needed in the Treasury Division due to increased computer application innovations. Personnel (l3,012) ff3,012 o 13,012 13,012 Underruns in salaries and wages are available to offset increased advertising costs related to major recruitments ($8,000), to personnel hearings ($5,000) and to miscellaneous other largely offsetting items ($12). Community & Economic Development (40,750) . 40,750 (40,750) 40,750 o Salary savings are available to support unanticipated advertising expenses regarding zoning code revisions ($5,000), zoning code EIR preparation ($25,000), architectural review for major developments ($5,000), historical preservation grant-offset expenses ($2,750) and expenses for van overhaul for WISE paratransit ($3,000) which is supported by Proposition A funds. . Fund .er . . pep~rtmetlt Recreation & Parks General Services General Services ~ ... INCREASE/(REDUCTION) BY ACCOUNT GROUP S&W S&E ~/o (3,000) Net Change (3,000) 3,000 3,000 o Savings in utilities are transferred to offset the unanticipated purchase of a replacement sweeper in the Parks Division <$3,000). (34,352) 34,352 (34,352) 34,352 o Savings in permanent salaries due to staff vacancies are transferred to pay for delayed billing of electrIcal charges from FY85 which is partially offset by savings in other supplies accounts. (46,363) __?5,878 25,878 (46,363) 20,485 20,485 o Savings in various supply and expense accounts are transferred to offset higher than anticipated costs for two vehicles ($5,4B5) and additional costs incurred to upgrade utilities in the former Moby's Dock building ($15,000). Funds are also transferred from the PRC line item allocation to reimburse for the costs of two employees whose transfer to the PRe was delayed until the service contract took effect in December ($25,878). Ii- i . Adopted and approved thIS 11th day of February, 1986. rL~ 1 ~ / - ChaIrperson .I I hereby certIfy that the foregoIng Resolution No. 402(RAS) was duly adopted by the Redevelopment Agency of the CIty of Santa MonIca at a meetIng thereof held on February 11, 1986 by the followlng Agency vote: . Ayes: Agency Members: EpsteIn, Conn, JennIngs, A. Katz, H. Katz, Zane and Hayor Reed Noes: Agency Members: None AbstaIn: Agency Members: None Absent: Agency Members: None ATTEST: " /) Lr: A/ (t--vl/Vt:_ _/0 ' y ~ Secretary .