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R-9277 . . FIN CMD sd F \FINANCE\BUDGET\OBBUDREV\9899\FINALCHG\RESCAP99 WPD Council Meeting June 23, 1998 Santa MOnlca, California RESOLUTION NO. 9277 (CCS) (City Council Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA APPROVING ITS BUDGET FOR THE FISCAL YEAR 1998-99 WHEREAS, the proposed budget for the fiscal year 1998-99 was submitted to the City Council not less than thirty-five (35) days pnor to July 1, 1998, 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 pnor thereto, and WHEREAS, after said public hearing, the CIty Council conSidered further Its proposed budget, NOWTHEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA RESOLVES AS FOLLOWS SECTION 1 The budget as submitted by the City Manager and revised by the City Council, entitled "City of Santa MOnlca, Proposed Budget, 1998-99" (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 Salanes and Wages, - 1 - . . Supplies and Expenses, and Capital Outlay major expenditure categones, each program category of the Capital Improvements budget, and the revenue detail The City Manager IS authorized to allot by maJor expenditure category as appropnated A copy of the Budget IS attached hereto as Exhibit A SECTION 2 In adopting the Budget, the City Council hereby reappropnates the unencumbered balances and unexpended encumbrances of the fiscal year 1997-98 Capital Improvements Budget In an amount not to exceed $47,475,757 from the General Fund "Ganned" reserve for continuing capital projects, low/moderate Income housing reserves, the Mall Certificates of Participation reserve, the Library General Obligation Bond reserve, and deferred revenue accounts denved from vanous mitigation fees In addItion, up to the follOWing amounts from the fiscal year 1997-98 Capital Improvements budget unencumbered balances and unexpended encumbrances are hereby reappropnated for the follOWing respective funds Fund Beach Reappropnatlon Amount Not to Exceed Solid Waste Management Pier $ 1,525,278 $ 8,492,380 $15,261,078 $ 6,245,876 $23,318,058 $ 210,036 $ 3,224,601 $ 1,425,022 $ 1,181,191 TORCA Redevelopment* COBG Miscellaneous Grants Citizen's Options for Public Safety Water -2- . . Reappropnatlon Fund Amount Not to Exceed Wastewater $21,631,997 CIVIC Audltonum $ 708,081 Alrport*'" $ 1 ,403,628 Stormwater Management $ 320,000 Cemetery $ 364,800 Transportation $31,012,257 Gas Tax $ 1,648,692 Cable $ 51,572 Parks and Recreation Facilities $ 155,135 Vehicle Management $ 4,248,883 Computer Replacement $ 367,214 Consists of the Low/Moderate Income Housing Fund and Earthquake Recovery Fund ** Includes Airport Special AViation Fund '" SECTION 3 In adopting the budget, the City Council hereby reappropnates the unencumbered balances and unexpended encumbrances of the fiscal year 1997-98 Disaster Relief Fund budget In an amount not to exceed $120,684,588 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 Relief Fund. SECTION 4 The budgets ofthe HOUSing Authonty, Redevelopment Agency, and Parking Authonty have been reviewed by the City Council and are hereby approved and adopted - 3- . . SECTION 5 The schedule attached hereto as Exhibit B, entitled "Fiscal Year 1998-99 Redevelopment Reimbursement to the General Fund", constitutes Indebtedness In accordance with California Health and Safety Code Sections 33670 ET SEQ of the Project Areas so Indicated, and replaces for fIscal year 1998-99, Exhibit 1 to the Reimbursement Agreement entered mto between the City'S Redevelopment Agency and the City on November 22, 1994 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 ofthe Budget shall be reproduced and made available for use as directed by Section 1505 of the Charter of said City SECTION 7 The City Clerk shall certify to the adoption of thiS Resolution, and thenceforth and thereafter the same shall be m full force and effect APPROVED AS TO FORM }vuuJ ~~. I ~ b-A-Uz MARSHA JONQ~~UTRIE City Attorney -4- . . Adopted and approved this 23rd of June, 1998 4~ Robert Holbrook, Mayor I, Mafia M Stewart, City Clerk of the City of Santa Monica, do hereby certify that the foregoing ResolutIon 9277 (CCS) was duly adopted at a meetmg of the Santa MOnica CIty Council held on the 23rd of June, 1998 by the following vote Ayes Councllmembers Ebner, Feinstein, Genser, Greenberg, Holbrook, O'Connor, Rosenstein Noes Councllmembers None Abstain Councllmembers None Absent Councllmembers None ATTEST k~~A / - /'r 0 Beth Sanchez, Assistant City Clerk