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HomeMy WebLinkAboutItem 4.1 Budget FY 2016-17 STAFF REPORT GEOLOGIC HAZARD DISTRICT CLERK ABATEMENT DISTRICT File #360-20-360-30 FALLON VILLAGE DATE:June 7, 2016 TO: Honorable President and Board of Directors FROM: Christopher L. Foss, GHAD District Manager SUBJECT: Proposed Fiscal Year 2016-17 Budget for Geologic Hazard Abatement Districts Prepared by Colleen Tribby, District Treasurer EXECUTIVE SUMMARY: The Geologic Hazard Abatement District (GHAD) Board of Directors will consider approval of a resolution adopting a Fiscal Year 2016-17 Budget for each of the three existing GHAD’s in the City of Dublin. FINANCIAL IMPACT: Proposed expenditures for FY 2016-17 total $717,300, $524,643, and $27,166 in the Fallon Village GHAD, Schaefer Ranch GHAD, and Fallon Crossing GHAD, respectively. The expenditures are funded through a special assessment on associated properties. Activities undertaken will support the prevention, mitigation, abatement, and control of identified or potential geologic hazards within each GHAD boundary. RECOMMENDATION: Resolution Staff recommends that the Geologic Hazard Abatement District Boards adopt the Adopting a Budget for the Fallon Village Geologic Hazard Abatement District for Fiscal Year Resolution 2016-17, the Adopting a Budget for the Schaefer Ranch Geologic Hazard Resolution Abatement District for Fiscal Year 2016-17; and the Adopting a Budget for Fallon Crossing Geologic Hazard Abatement District for Fiscal Year 2016-17. Submitted By Reviewed By District Engineer District Treasurer DESCRIPTION: A Geologic Hazard Abatement District (GHAD)a special entity which is established separately from the City of Dublin and applies to a specific defined area within the City. The GHAD is ITEM NO. 4.1 Page 1 of 3 formed under provisions in the California Public Resources Code which, in Section 26500, establishes that a GHAD is a political subdivision of the State and is not an agency or instrumentality of a local agency. The City’s role is limited to providing support to the GHAD, coordinating activities undertaken for the GHAD, administering the GHAD funds and coordinating the payment of expenses associated with the GHAD. GHAD funding is collected as part of property tax bills. The GHAD can perform maintenance on defined areas and can also accumulate reserves to address major or extraordinary work such as a landslide repair. The Public Resources Code defines a “geologic hazard” as an actual or threatened landslide, land subsidence, soil erosion, earthquake, fault movement, or any other natural or unnatural movement of land or earth. A GHAD may be formed for the following purposes: (a) Prevention, mitigation, abatement, or control of a geologic hazard; and (b) Mitigation or abatement of structural hazards that are partly or wholly caused by geologic hazards (Public Resources Code 26525). The City of Dublin has established three separate GHADs: Fallon Village GHAD (which includes both the Positano and the Jordan Ranch developments), Schaefer Ranch GHAD, and Fallon Crossing GHAD. These GHADs are managed by a Board of Directors, which is comprised of the Dublin City Council. Assessments are levied in accordance with an Engineer’s Report prepared for each District and adopted at a public meeting. Adopting a budget for a GHAD is not a requirement, but the City, as the administrator of the GHAD funds, believes that the formal adoption of a financial plan is in keeping with best practices of local agency operations. Fiscal Year 2016-17 Budget The proposed Fiscal Year 2016-17 Budget for each GHAD is provided in Exhibit A of the Resolutions (Attachments 1, 2, and 3) and can also be found in the Fiduciary Funds section of the City of Dublin’s budget document. The following table summarizes revenues, expenditures, and estimated fund balance in each GHAD: Estimated Proposed Proposed Beginning 2016-17 2016-17 Ending GHAD Fund Balance* Revenues Expenditures Fund Balance Fallon Village $1,879,874 $894,143 ($717,300) $2,056,717 Schaefer Ranch $1,887,184 $769,845 ($524,643) $2,132,387 Fallon Crossings $133,058 $124,271 ($27,166) $230,163 * estimated using FY 2015-16 Amended Budget Expenditures include contracted service costs for administration, slope stabilization and erosion protection, monitoring, maintenance, and on-site conservation easement activities. Also included are salaries and benefits costs associated with City of Dublin Staff that have been allocated to oversee GHAD operations. Page 2 of 3 Fallon Village GHAD: On December 15, 2015, the Fallon Village GHAD Board of Directors accepted, by Resolution 4-15, approximately 220 acres of property from the developer of the Positano project. Upon acceptance, the GHAD became responsible for the ongoing ownership and maintenance of the property. It is anticipated that the developer of the Jordan Ranch project will transfer approximately 50 acres to the GHAD in Fiscal Year 2016-17. Schaefer Ranch GHAD: On August 19, 2014, the Schaefer Ranch GHAD Board of Directors accepted, by Resolution 3-14, approximately 297 acres of property from the developer of Schaefer Ranch. Upon acceptance, the GHAD became responsible for the ongoing ownership and maintenance of the property. Approximately 13 additional acres of property will eventually be transferred, upon completion of the Schaefer Ranch Unit 2 project, currently being developed by Toll Brothers. Fallon Crossing GHAD: The developer of Fallon Crossing, CalAtlantic Homes (formerly Standard Pacific), continues to own and maintain the open space property within the development. The developer and their team have begun the process to transfer approximately 47 acres of property to the GHAD. It is anticipated that the property transfer may occur in spring or summer of 2017. NOTICING REQUIREMENTS/PUBLIC OUTREACH: Public Hearing notice was posted on June 3, 2016 at the City’s kiosk and City’s website. ATTACHMENTS: 1. Resolution Adopting a Budget for the Fallon Crossing Geologic Hazard Abatement District for Fiscal Year 2016-17 2. Resolution Adopting a Budget for the Fallon Village Geologic Hazard Abatement District for Fiscal Year 2016-17 3. Resolution Adopting a Budget for the Schaefer Ranch Geologic Hazard Abatement District for Fiscal Year 2016-17 Page 3 of 3 FALLON CROSSING GHAD RESOLUTION NO. -16 A RESOLUTION OF THE BOARD OF THE FALLON CROSSING GEOLOGIC HAZARD ABATEMENT DISTRICT *************************** ADOPTING A BUDGET FOR THE FALLON CROSSING GEOLOGIC HAZARD ABATEMENT DISTRICT FOR FISCAL YEAR 2016-17 WHEREAS , the Board of the Fallon Crossing Geologic Hazard Abatement District (Board) desires to establish a Budget and Financial Plan for Fiscal Year 2016-17 and 2017-18; and WHEREAS , the Board has reviewed and considered the Budget documents and has received input from the public; and WHEREAS , the Fallon Crossing Geologic Hazard Abatement District Fund Summary (Exhibit A) attached hereto and made part of this Resolution, reflects the Fiscal Year 2016-17 Budget for the Fallon Crossing Geologic Hazard Abatement District (GHAD); and WHEREAS , the action taken by this resolution shall approve the appropriation; and WHEREAS , as part of the GHAD’s two year budget process, a forecast for Fiscal Year 2017-18 appropriations has been completed, and will be updated and presented to the Board for review and adoption in June 2017. NOW, THEREFORE, BE IT RESOLVED that the Board of the Fallon Crossing Geologic Hazard Abatement District does hereby: 1. Adopt the Fiscal Year 2016-17 Budget Appropriation and Financial Plan for the Fallon Crossing Geologic Hazard Abatement District, as outlined in Exhibit A. 2. Authorize the GHAD Manager to make expenditures appropriations in accordance with the Budget as adopted. 3. Authorize the GHAD Manager to transfer budgeted amounts between line items, provided that the transfer is within the same fund. 4. Authorize the GHAD Manager to increase revenue and expenditure budget for GHAD, when corresponding revenues comes in over budget. 5. Authorize the GHAD Manager to increase the appropriations for Fiscal Year 2016-17 expenditures in an amount not to exceed the amount of funds encumbered or designated by the GHAD Manager as needed for expenses that did not occur prior to the year-end, but are expected to be expended in Fiscal Year 2016-17 consistent with the original purpose. PASSED, APPROVED AND ADOPTED this 7th day of June, 2016, by the following vote: AYES : NOES : ABSENT : ________________________________ Board President ATTEST : ____________________________ District Clerk EXHIBIT A FISCAL YEAR 2016-17 FALLON CROSSING GEOLOGIC HAZARD ABATEMENT DISTRICT FUND SUMMARY Adopted Amended Actual Budget Budget Proposed Forecast 2014-15 2015-16 2015-16 2016-17 2017-18 BEG. FUND BALANCE (JULY 1) $56,570 $143,547 $143,547 $133,058 $230,163 REVENUES Assessments $96,001 $116,545 $116,545 $123,551 $126,023 Interest $614 $344 $344 $720 $970 TOTAL REVENEUS $96,615 $116,889 $116,889 $124,271 $126,993 EXPENDITURES BY CATEGORY Salaries & Wages $5,007 $7,204 $7,204 $9,161 $9,432 Benefits $1,753 $3,265 $3,265 $3,605 $3,773 Services & Supplies $114 $114 Contracted Services $2,878 $116,795 $116,795 $14,400 $40,441 TOTAL EXPENDITURES $9,638 $127,378 $127,378 $27,166 $53,646 END FUND BALANCE (JUNE 30) $143,547 $133,058 $133,058 $230,163 $303,509 PERSONNEL ALLOCATION Asst. Public Works Dir/City Engr 0.05 0.05 TOTAL POSITIONS FALLON VILLAGE GHAD RESOLUTION NO. -16 A RESOLUTION OF THE BOARD OF THE FALLON VILLAGE GEOLOGIC HAZARD ABATEMENT DISTRICT *************************** ADOPTING A BUDGET FOR THE FALLON VILLAGE GEOLOGIC HAZARD ABATEMENT DISTRICT FOR FISCAL YEAR 2016-17 WHEREAS , the Board of the Fallon Village Geologic Hazard Abatement District (Board) desires to establish a Budget and Financial Plan for Fiscal Year 2016-17 and 2017-18; and WHEREAS , the Board has reviewed and considered the Budget documents and has received input from the public; and WHEREAS , the Fallon Village Geologic Hazard Abatement District Fund Summary (Exhibit A) attached hereto and made part of this Resolution, reflects the Fiscal Year 2016-17 Budget for the Fallon Village Geologic Hazard Abatement District (GHAD); and WHEREAS , the action taken by this resolution shall approve the appropriation; and WHEREAS , as part of the GHAD’s two year budget process, a forecast for Fiscal Year 2017-18 appropriations has been completed, and will be updated and presented to the Board for review and adoption in June 2017. NOW, THEREFORE, BE IT RESOLVED that the Board of the Fallon Village Geologic Hazard Abatement District does hereby: 1. Adopt the Fiscal Year 2016-17 Budget Appropriation and Financial Plan for the Fallon Village Geologic Hazard Abatement District, as outlined in Exhibit A. 2. Authorize the GHAD Manager to make expenditures appropriations in accordance with the Budget as adopted. 3. Authorize the GHAD Manager to transfer budgeted amounts between line items, provided that the transfer is within the same fund. 4. Authorize the GHAD Manager to increase revenue and expenditure budget for GHAD, when corresponding revenues comes in over budget. 5. Authorize the GHAD Manager to increase the appropriations for Fiscal Year 2016-17 expenditures in an amount not to exceed the amount of funds encumbered or designated by the GHAD Manager as needed for expenses that did not occur prior to the year-end, but are expected to be expended in Fiscal Year 2016-17 consistent with the original purpose. PASSED, APPROVED AND ADOPTED this 7th day of June, 2016, by the following vote: AYES : NOES : ABSENT : ________________________________ Board President ATTEST : ____________________________ District Clerk EXHIBIT A FISCAL YEAR 2016-17 FALLON VILLAGE GEOLOGIC HAZARD ABATEMENT DISTRICT FUND SUMMARY Adopted Amended Actual Budget Budget Proposed Forecast 2014-15 2015-16 2015-16 2016-17 2017-18 BEG. FUND BALANCE (JULY 1) $1,148,585 $1,790,992 $1,790,992 $1,879,874 $2,056,717 REVENUES Assessments $695,049 $735,613 $735,613 $882,693 $912,973 Interest $9,372 $6,040 $6,040 $11,450 $12,850 TOTAL REVENEUS $704,421 $741,653 $741,653 $894,143 $925,823 EXPENDITURES BY CATEGORY Salaries & Wages $35,048 $50,428 $50,428 $18,322 $18,865 Benefits $12,272 $23,068 $23,068 $7,210 $7,547 Services & Supplies $19 $798 $798 $100 $100 Contracted Services $14,676 $578,477 $578,477 $691,668 $702,333 TOTAL EXPENDITURES $62,014 $652,771 $652,771 $717,300 $728,845 END. FUND BALANCE (JUNE 30) $1,790,992 $1,879,874 $1,879,874 $2,056,717 $2,253,696 PERSONNEL ALLOCATION Asst. Public Works Dir/City Engineer 0.10 0.10 TOTAL POSITIONS 0.10 0.10 SCHAEFER RANCH GHAD RESOLUTION NO. -16 A RESOLUTION OF THE BOARD OF THE SCHAEFER RANCH GEOLOGIC HAZARD ABATEMENT DISTRICT *************************** ADOPTING A BUDGET FOR THE SCHAEFER RANCH GEOLOGIC HAZARD ABATEMENT DISTRICT FOR FISCAL YEAR 2016-17 WHEREAS , the Board of the Schaefer Ranch Geologic Hazard Abatement District (Board) desires to establish a Budget and Financial Plan for Fiscal Year 2016-17 and 2017-18; and WHEREAS , the Board has reviewed and considered the Budget documents and has received input from the public; and WHEREAS , the Schaefer Ranch Geologic Hazard Abatement District Fund Summary (Exhibit A) attached hereto and made part of this Resolution, reflects the Fiscal Year 2016-17 Budget for the Schaefer Ranch Geologic Hazard Abatement District (GHAD); and WHEREAS , the action taken by this resolution shall approve the appropriation; and WHEREAS , as part of the GHAD’s two year budget process, a forecast for Fiscal Year 2017-18 appropriations has been completed, and will be updated and presented to the Board for review and adoption in June 2017. NOW, THEREFORE, BE IT RESOLVED that the Board of the Schaefer Ranch Geologic Hazard Abatement District does hereby: 1. Adopt the Fiscal Year 2016-17 Budget Appropriation and Financial Plan for the Schaefer Ranch Geologic Hazard Abatement District, as outlined in Exhibit A. 2. Authorize the GHAD Manager to make expenditures appropriations in accordance with the Budget as adopted. 3. Authorize the GHAD Manager to transfer budgeted amounts between line items, provided that the transfer is within the same fund. 4. Authorize the GHAD Manager to increase revenue and expenditure budget for GHAD, when corresponding revenues comes in over budget. 5. Authorize the GHAD Manager to increase the appropriations for Fiscal Year 2016-17 expenditures in an amount not to exceed the amount of funds encumbered or designated by the GHAD Manager as needed for expenses that did not occur prior to the year-end, but are expected to be expended in Fiscal Year 2016-17 consistent with the original purpose. PASSED, APPROVED AND ADOPTED this 7th day of June, 2016, by the following vote: AYES : NOES : ABSENT : ________________________________ Board President ATTEST : ____________________________ District Clerk EXHIBIT A FISCAL YEAR 2016-17 SCHAEFER RANCH GEOLOGIC HAZARD ABATEMENT DISTRICT FUND SUMMARY Adopted Amended Actual Budget Budget Proposed Forecast 2014-15 2015-16 2015-16 2016-17 2017-18 BEG. FUND BALANCE (JULY 1) $1,330,524 $1,851,002 $1,851,002 $1,887,184 $2,132,387 REVENUES Assessments $564,559 $603,779 $603,779 $758,815 $814,831 Interest $10,211 $6,819 $6,819 $11,030 $13,150 TOTAL REVENEUS $574,770 $610,598 $610,598 $769,845 $827,981 EXPENDITURES BY CATEGORY Salaries & Wages $20,027 $28,816 $28,816 $18,322 $18,865 Benefits $7,012 $13,061 $13,061 $7,210 $7,547 Services & Supplies $456 $456 Contracted Services $27,252 $532,083 $532,083 $499,111 $509,783 TOTAL EXPENDITURES $54,291 $574,416 $574,416 $524,643 $536,195 END. FUND BALANCE (JUNE 30) $1,851,002 $1,887,184 $1,887,184 $2,132,387 $2,424,173 PERSONNEL ALLOCATION Asst. Public Works Dir/ City Eng 0.10 0.10 TOTAL POSITIONS 0.10 0.10