R-9043
.
e
FIN:CMD:BT:br:f:\finance\admin\stfrpts\resoccap.97
Council Meeting: June 25, 1996 Santa Mon~ca, California
RESOLUTION NO. 9043
(CCS)
(City Council Series)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA
APPROVING ITS BUDGET FOR THE FISCAL YEAR 1996-97
WHEREAS, the proposed budget for the fiscal year 1996-97
was subm~tted to the City Council thirty-five (35) days pr~or to
July 1, 1996; and
WHEREAS, the City Council held a public hearing on said
budget after a notice of said budget hearing was published not less
than ten (10) days prior thereto; and
WHEREAS, after said publ~c hearing, the City Council
considered further its proposed budget,
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA
MONICA RESOLVES AS FOLLOWS:
SECTION 1. The budget as submitted by the City Manager
and rev~sed by the City Council, entltled IICity of Santa Mon~ca,
Proposed Budget, 1996-9711 (Budget), is hereby approved and adopted.
In adopting the Budget, the City Council intends to, and by this
Section does, adopt and approve the total operating appropriation
for each departmental and non-departmental operating budget,
consisting of Salaries and Wages, Supplies and Expenses, and
Capltal Outlay major expend~ture categories, each program category
- 55 -
-
e
of the Capital Improvements budget, and the revenue detail. The
City Manager is authorized to allot by major expenditure category
as appropriated.
A copy of the Budget is attached hereto as
Exhibit A.
SECTION 2.
In adoptl.ng the Budget, the City Council
hereby reappropriates the unencumbered balances and unexpended
encumbrances of the 1995-96 Capital Improvements Budget in an
amount not to exceed $26,217,500 from the General Fund "Ganned"
reserve for continuing capl.tal projects, low/moderate income
housing reserves, the Mall Certificates of Participation reserve,
the Library General Obligation Bond reserve, and deferred revenue
accounts derived from various mitigation fees. In addition, up to
the following amounts from the 1995-96 Capital Improvements budget
unencumbered balances and unexpended encumbrances are hereby
reappropriated for the following respective funds:
Fund
Reappropriation
Amount Not to Exceed
Beach
$
795,700
TORCA
$ 7,770,400
Redevelopment *
$10,766,611
$ 7,187,200
CDBG
Solid Waste Management
$15,768,300
$ 2,324,100
$ 1,356,500
Miscellaneous Grants
Water
Pier
$ 1,634,000
Wastewater
$14,363,700
Civic Auditorium
$
618,800
- 56 -
e
e
Airport**
$1,959,700
Cemetery
$
29,100
Transportation
$7,965,500
$ 661,335
$ 404,100
$ 219,300
$ 43,600
Gas Tax
Cable
Parks and Recreatlon
Park~ng Authority
* Consists of the Low/Moderate Income Housing Fund and Earthquake
Recovery Project
** Includes Airport Special Aviation Fund
SECTION 3.
In adopting the budget, the City Council
hereby reappropriates the unencumbered balances and unexpended
encumbrances of the 1995-96 Disaster Relief Fund budget in an
amount not to exceed $82,856,900 to be financed from Federal
Emergency Management Agency (FEMA) and State Office of Emergency
Services (OES) reimbursements, and from City funds allocated to the
Disaster Rel~ef Fund.
SECTION 4 .
The budgets of the Housing Authority,
Redevelopment Agency, and Parking Authority have been reviewed by
the City Council and are hereby approved and adopted.
SECTION 5.
The schedule attached hereto as Exhibit B,
entitled "Fiscal Year 1996-97 Redevelopment Reimbursement to the
General FundTl,
constitutes indebtedness in accordance with
California Health and Safety Code Sections 33670 ET. SEQ. of the
ProJect Areas so ~ndicated, and replaces for FY 1996-97, Exhibit 1
to the Reimbursement Agreement entered into between the City's
Redevelopment Agency and the City on November 22, 1994.
- 57 -
e e
SECTION 6. A certified copy of the Budget shall be filed
with the Director of Finance/City Controller and with the City
Clerk, and certified copies of the Budget shall be reproduced and
made available for use as directed by Section 1505 of the Charter
of said City.
SECTION 7
The Clty Clerk shall certify to the adoption
of this Resolution, and thenceforth and thereafter the same shall
be ln full force and effect.
APPROVED AS TO FORM:
~~
MARSHA J@NES MOUTRIE
City Atd:frney
- 58 -
e
...
EXHIBIT 1
e
FISCAL YEAR 1996-97 REDEVELOPMENT REIMBURSEMENT TO THE GENERAL FUND
PROJECT AREA (FOND i) AMOUNT DESCRIPTION
LoW/MOderate Income Hous~ng(lS) $ 114,748 - payment for development of 175 Ocean
Park Boulevard Housing Project
pursuant to payment Agreement of May
8,1984.
Total 15 Fund
Downtown (16)
Total 16 Fund
Earthquake Recovery (17)
Total 17 Fund
Ocean Park (18)
Total 18 Fund
f \f~nance\adm~n\stfrpts\sradopt 97
$ 114.748
784
17,441
2,700
3,897
182,500
5,500
5,148
26,429
$ 244,399
980
170,441
2,000
122,700
30,000
$ 326.121
686
17,452
2,400
2,821
4,800
18,145
5,085
235,040
$286.429
- 59 -
- Redevelopment Agency Member allowance
- Staff time and associated benefits
costs.
- Office suppl~es
- Contr~bution to Comprehensive Self-
Insurance Fund.
- Earthquake insurance on parking
structures.
- Professional services
- Relocation payments
- F~scal agent fees
- Redevelopment Agency member allowance
- Staff t~me and associated benefits
costs.
- Office suppl~es
- Professional serv~ces
- Legal expense
- Redevelopment Agency Member allowance
- Staff t~me and assoc~ated benefits
costs.
- Off~ce supplies
- Contr~bution to Comprehens~ve Self-
Insurance Fund.
- Professional serv~ces
- F~scal agent fees
- Maintenance of publ~c access area
- Commun~ty Corporat~on of Santa Monica
grant for development of low/moderate
~ncome housing projects.
e
e
Adopted and approved thIS 25th of June, 1996
&~
Mayor
I hereby certIfy that the foregomg ResolutIOn 9043 (CCS) was duly adopted at a meetlllg
of the Clty CouncIl held on the 25th of June, 1996 by the follm'Vlng vote.
Ayes
Councllmembers
Abdo, Genser, Greenberg, Holbrook. O'Connor,
Rosenstem
Noes
Councllmembers
None
Abstam
Councllmembers
None
Absent
Councllmembers
Ebner
ATTEST
~~':Lo .~._.\-
Clty~