2012-34 1
RESOLUTION NO. 2012- 34
A RESOLUTION OF THE CITY OF GRAND TERRACE,
CALIFORNIA, ADOPTING A BUDGET FOR FISCAL YEAR 2012-
2013
WHEREAS, the City of Grand Terrace is a general law city incorporated
under the laws of the State of California; and
WHEREAS, the City of Grand Terrace operates on a fiscal calendar year
beginning on July 1' of each year and ending on June 301" of the next year; and
WHEREAS, the City of Grand Terrace wishes to adopt a budget for the
fiscal year 2012-13 for expenditures based on estimated revenues and available
fund balance reserves; and
WHEREAS, the City of Grand Terrace has previously elected to become
the Successor Agency to the Community Redevelopment Agency of Grand
Terrace to run the affairs of the former redevelopment agency, and
WHEREAS, staff has presented an operating and capital budget
containing the General Fund, Special Revenue Funds, Enterprise Funds, Capital
Funds and Successor Agency Funds to meet the needs of the citizens of the City
of Grand Terrace; and
NOW THEREFORE, the City Council of the City of Grand Terrace does
hereby resolve, declare, determine, and order as follows:
Section 1. The budget for Fiscal Year 2012-13, a copy of which has been filed
in the City Clerk's office, is hereby adopted with projected
beginning unassigned General Fund Balance of $656,264, total
General Fund expenditures of $3,399,792 including transfers-out,
to be funded by estimated revenues of $3,554,486 including
transfers-in.
The Child Care Center shall be accounted for in a separate fund for
fund balance, revenue and expenditures.
Special Revenue Fund budget is adopted with beginning
unassigned Special Revenue Fund Balance of $3,358,784, total
Special Revenue Fund expenditures of $3,376,039 including
transfers-out, to be funded by estimated revenues of $4,001,752,
49W including transfers-in.
Capital Projects Fund budget is adopted with beginning Capital
Projects Fund Balance deficit of $0, total Capital Projects Fund
2
d expenditures of$2,552,040, including transfers-out, to be funded by
46r estimated revenues of$2,552,040, including transfers-in.
Successor Agency budget encompassing all of the former
Community Redevelopment Agency funds is adopted with
beginning unassigned Fund Balance of $2,833,628, total
expenditures of $4, 824, 314, including transfers-out, to be funded
by estimated revenues of$4,461,945, including transfers-in.
A summary of the City Budget by fund is referenced in "Exhibit A"
Section 2. City Council authorizes the restricted and committed fund balances
as scheduled in "Exhibit A" attached for the purposes so set forth in
the attached exhibit.
Section 3. City Council authorizes the City Manager to make budget
adjustments to the adopted budget to reallocate appropriations
between departmental activities. Only the City Council, by motion
and affirmative majority vote, by minute action or by resolution, may
make increases and decreases in estimated fund revenues and
fund appropriations.
PASSED, APPROVED, AND ADOPTED this 26" day of June, 2012.
Attest:
City Clerk Mayor
1, TRACEY R. MARTINEZ, CITY CLERK of the City of Grand Terrace, do
hereby certify that the foregoing Resolution was introduced and adopted at a
regular meeting of the City Council of the City of Grand Terrace held on the 261"
day of June, 2012 by the following vote:
AYES: Councilmembers McNaboe, Sandoval and Hays; Mayor Pro Tem Garcia and
Mayor Stanckiewitz
NOES: None
ABSENT: None
ABSTAIN: None
Tracey R. rtinez, City Clerk
APPRO
City Attorney
1
RESOLUTION NO.2012-34
A RESOLUTION OF THE CITY OF GRAND TERRACE, CALIFORNIA,
ADOPTING A BUDGET FOR FISCAL YEAR 2012-13
"EXHIBIT A"
FY 2012-13 Budget Fund Recap by Type of Unassigned Funds Table 1
Beginning Revenues ' Expenditures Ending
Unassigned Unassigned
Fund Fund
Balance Balance
General Fund 656,264 3,554,486 (3,399,792) 810,958
Other City Funds 3,358,784 3,376,039 (4,001,752) 2,733,071
Capital Prl Funds 0 2,5 22,040 (2 552 040) 0
S/A-CRA Funds 1,833,628 4,461,945 -4,824,314 2,471,259
Unassigned 6,848,676 13,944,510 -14,777,898 6,016,288
Grand Total
2
L FY 2012-13 Fund Summary—Unassigned Funds Table 2
4r Fund Beginning Revenues Expenditures Ending
Unassigned Unassigned
Fund Fund
Balance Balance
# Description
10 General 656,264 3,554,486 -3,399,792 810,958
09 Child Care 0 1,046,306 -1,051,597 -5,291
11 Street 993,540 7,000 -366,284 634,256
12 Storm Drain 67,252 1 350 0 67,602
13 Park 225,676 7,100 -17,385 215,391
14 SLESF (COPS) 0 100,000 -100,000 0
15 Air Quality Improvement 68,460 14,250 0 82,710
16 Gas Tax 78,669 425,265 -383,280 120,654
17 Traffic Safety -9,826 71,500 -53,640 8,034
19 Facilities 208,304 200 0 208,504
20 Measure I 108,364 150,500 -255,605 3,259
21 Waste Water Disposal (WWD) 1,612,273 1,495,300 -1,711,893 1,395,680
22 Com Dev Block Grant (CDBG) 0 43,933 -43,933 0
26 Landscape & Light Asses Dist 6,072, 14,335 -18,135 2,272
Other City Funds Subtotal 3,358,784 3,376,039 -4,001,752 2,733,071
44 Bike Lane 0 0 0 0
46 Street Improvement 0 538,500 -538,500 0
47 Barton Bridge Q 0 0 0
48 Park Grant 0 1,358,540 -1,358,540 0
§0 Bond Proceeds Projects 0 655,000 -655,000 0
Capital Funds Subtotal 0 2,552,040 -2,552,040 0
City Funds Total 4,015,048 9,482,565 -9,953,584 3,544,029
31 Obligation Retirement 0 4,461,945 0 4,461,945
32 Capital Projects -459,112 0 -1,147,627 -1,606,739
33 Debt Service 1,751,779 0 -3,435,187 -1,683,408
34 Low Mod Income Housing 574,961 0 0 574,961
T7 CRA Project 966,000 0 -241,500 724,500
Successor Agency Funds Total 2,833,628 4,461,945 -4,824,314 2,471,259
Allra Unassigned Funds 6,848,676 13,944,510 -14,777,898 6,015,288
�r Gnd Total
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Fund Balance Reserves other than Unassigned
C;t%
Projected FY 2012-13 Fund Balance - TABLE 3-
Restricted Committed or Assi ned
Beginning Revenue Expenditure Ending
FY 2012-13 FY 2012-13 assi ned
RESTRICTED
(21) Sewer Capital 491,059 0 0 491,059
Fund
Successor Agency to CRA
Projected FY 2012-13 Fund Balance - TABLE 3-
Restricted, Committed or Assigned
Beginning Revenue Expenditure Ending
FY2012-13 FY2012-13 assigned
RESTRICTED
(32)- S/A Capital Proj 12,601,872 0 (655,000) 11,946,872
—Bonds Proceeds
L Restricted for Tax
w Exempt Projects
(32) S/A Capital Proj — 3,622,783 0 3,622,783
Bonds—Taxable
j COMMITTED
(33) S/A Debt Service 448,636 0 0 448,636
Fund
SERAF Loan
(33) S/A Debt Service 4,004,764 0 0 4,004,764
Fund
ROPS Underfunding
TOTAL FUND 20,678,055 0 (655,000) 20,023,055
BALANCE
Restricted,
Committed or
Assigned