R-8909
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FIN:CMD:BT:kf\cafrtemp\obbudrev\misc9596\resoccap.96
Council Meeting: June 20, 1995 Santa Monica, Ca11fornia
RESOLUTION NO.
8909
(CCS)
{City Council Series}
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA
APPROVING ITS BUDGET FOR THE FISCAL YEAR 1995-96
WHEREAS, the proposed budget for the fiscal year 1995-96
was submitted to the City Council thirty-five (35) days prior to
July 1, 1995; 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 ic 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 revised by the City Council, entitled nCity of Santa Monica,
Proposed Budget, 1995-96" (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
Capital Outlay major expenditure categories, each program category
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of the Capital Improvements budget, and the revenue detail. The
Clty 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 adopting the Budget, the City Council
hereby reappropriates the unencumbered balances and unexpended
encumbrances of the 1994-95 Capital Improvements Budget in an
amount not to exceed Twenty-Four Million One Hundred Thousand Two
Hundred Dollars ($24,100,200) from the General Fund I1Gannedn
reserve for continuing capital projects, low/moderate income
housing reserves, the Mall Certificates of Participatlon reserve,
the Library General Obligation Bond reserve, and deferred revenue
accounts derived from various mitigation fees.
In addition, the
following amounts from the 1994-95 Capital Improvements budget
unencumbered balances and unexpended encumbrances are hereby
reappropriated for the following respective funds:
Fund
Reappropriation
Amount Not to Exceed
Beach
CDBG
$ 957,700
$ 6,890,400
$ 1,979,300
$ 4,944,400
$14,136,100
$ 3,622,200
$ 1,128,200
$ 3,047,000
$11,025,600
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TORCA
Redevelopment *
Miscellaneous Grants
Water
Solid Waste Management
Pier
Wastewater
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CiV1C Auditorium $ 731,700
Airport** $ 2,107,700
Cemetery $ 39,700
Transportation $ 9,258,900
Gas Tax $ 1,091,800
Parks and Recreation $ 248,200
Parking Authority $ 24,700
* Consists of the Low/Moderate Income Housing Fund
** Includes Airport Special Aviation Fund
SECTION 3.
In adopting the budget, the City Council
hereby reappropriates the unencumbered balances and unexpended
encumbrances of the 1994-95 Disaster Relief Fund budget in an
amount not to exceed Elghty-Seven Million Six Hundred Three
Thousand Eighty-Eight Dollars ($87,603,088) from the Federal
Emergency Management Agency (FEMA) and State Office of Emergency
Servlces (OES) reimbursements, and from City funds previously
allocated to the Disaster Relief 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 1995-96 Redevelopment Relmbursement 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 FY 1995-96, Exhibit 1
to the Reimbursement Agreement entered into between the City's
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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 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 City Clerk shall certify to the adoption
of this Resolution, and thenceforth and thereafter the same shall
be in full force and effect.
APPROVED AS TO FORM:
~1t1U4~-fAft{
MARSHA JO~; MOUTRIE
City Attorney
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Adopted and approved thIS 20th of June, 1995
;Lt~
Mayor
I hereby certIfy that the foregolllg ResolutIOn 8909 (CCS) was duly adopted at a meetIng
of the CIty CouncIl held on the 20th of June, 1995 by the followmg vote
Ayes
Councd members
Abdo, Genser, QlConnor, Rosenstelll
Noes
Councd members
None
Abstam
Councll members
Ebner. Greenberg, Holbrook
Absent
Councd members
None
ATTEST
&d;~pkd
r ./. ()
CIty Clerk