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HomeMy WebLinkAboutReso 58-17 Adopting a Budget for the City of Dublin for FY 2017-18 RESOLUTION NO. 58 — 17 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN ADOPTING A BUDGET FOR THE CITY OF DUBLIN FOR FISCAL YEAR 2017-18 WHEREAS, the City Council of the City of Dublin desires to establish a Budget for Fiscal Year 2017-18; and WHEREAS, the City Council has reviewed and considered the Budget documents and has received input from the public; and WHEREAS, the City Manager has prepared a balanced budget which provides for organizational adjustments and allocation of resources in a manner which aligns with available resources and the Strategic Plan elements; and WHEREAS, the General Fund Operating Budget is balanced without the need to draw from the Reserve for Economic Stability in order to balance funding with planned expenditures; and WHEREAS, the City Council is required to adopt a budget and financial plan before the Fiscal Year begins on July 1, 2017; and WHEREAS, the Summary of Appropriations (Exhibit A) attached hereto and made part of this Resolution, reflects the Fiscal Year 2017-18 Budget (All Funds) for the City of Dublin; and WHEREAS, the City Council also desires to confirm adjustments made administratively to the Capital Project balances during the preparation of the Proposed Budget and accommodate the carryover of unspent Fiscal Year 2016-17 Capital Project appropriations, for those projects where work and expenditures will continue in Fiscal Year 2017-18; and WHEREAS, the City Council also desires to accommodate a process for the carryover of unspent Fiscal Year 2016-17 operating expenditures, both encumbered and unencumbered, (excluding personnel costs) for activities where work and expenditures will continue in Fiscal Year 2017-18. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does hereby: 1. Adopt the Fiscal Year 2017-18 Budget Appropriation for the City of Dublin, as outlined in Exhibit A; 2. Authorize the City Manager to make expenditures appropriations in accordance with the Budget as adopted, with the exception of those expenditures which require prior City Council approval, in accordance with the adopted City ordinances, rules and regulations; 3. Authorize the City Manager to transfer budgeted amounts between line items, provided that the transfer is within the same fund, regardless of the specific department activity. This includes the authority to transfer from the General Fund Reso No. 58-17, Adopted 5/16/2017, Item No. 6.1 Page 1 of 3 budgeted contingency amounts that are approved by the City Council during the budget adoption. A full accounting of any such transfers will be provided to the City Council during the quarterly financial reviews; 4. Recognize that the Budget as presented also includes a Contingency for Fiscally Responsible Adjustments, the utilization of which will be determined by fiscal outcomes of June 30, 2017; 5. Authorize the City Manager to increase revenue and expenditure budgets for various departmental functions, when corresponding revenues comes in over budget: this would apply to developmental activity, inspection activity, recreation program activity, and any other departmental activity which generates correlating revenues, as verified by the Administrative Services Director. Increased appropriations shall continue to be documented in the financial records and conveyed to the City Council as part of the quarterly financial reviews; 6. Authorize the City Manager to increase revenues and expenditures related to the award of grants, where there is no net impact to the City, as verified by the Administrative Services Director. Increased appropriations shall continue to be documented in the financial records and conveyed to the City Council as part of the quarterly financial reviews; 7. Authorize the City Manager to make transfers among the various funds, consistent with the "Fund Balances FY 2017-18" as presented in the Proposed Budget. Fund transfers are reported as part of the regular financial reports provided to the City Council; 8. Authorize the City Manager to increase the appropriations for Fiscal Year 2017-18 expenditures in an amount not to exceed the amount of funds encumbered or designated by the City Manager as needed for expenses that did not occur prior to the year- end, but are expected to be expended in Fiscal Year 2017-18 consistent with the original purpose. This ability to carry-over funding shall not apply to savings from personnel services and shall only occur if the Department Activity total for non-personnel expenditures was less than the amount budgeted for the same. This must also be evaluated on a fund by fund basis. The actual amount of the increased appropriation shall be reported to the City Council, and the City Manager may assign the fund balance in an amount sufficient to account for the increase; 9. Authorize the City Manager to adjust the Fiscal Year 2017-18 appropriations to account for the carryover of unspent Capital Project appropriations from Fiscal Year 2016-17. All such adjustments shall be clearly recorded in the City financial records and shall only be for projects that remain incomplete as of June 30, 2017; and 10. Authorize the City Manager to transfer funds between capital projects, within the same funding source. Any revisions, which alter the project's budget by adding a new funding source, are to be approved by the City Council. PASSED, APPROVED AND ADOPTED this 16th day of May, 2017, by the following vote: AYES: Councilmembers Biddle, Goel, Gupta, Hernandez and Mayor Haubert NOES: Reso No. 58-17, Adopted 5/16/2017, Item No. 6.1 Page 2 of 3 ABSENT: ABSTAIN: 1/ 1 ' ]/ Mayor ATTEST: a/t,a f �� � City Clerk Reso No. 58-17, Adopted 5/16/2017, Item No. 6.1 Page 3 of 3 EXHIBIT A FISCAL YEAR 2017-18 SUMMARY OF APPROPRIATIONS OPERATING PROGRAM City Council $544,595 City Manager $1,240,780 City Clerk $635,729 Human Resources $1,268,643 City Attorney $956,180 Administrative Services - Finance $1,777,662 Non-Departmental $8,673,287 Economic Development $968,396 Community Development $6,691,726 Fire Department $13,713,156 Police Department $20,417,512 Parks & Community Services $11,338,928 Public Works $15,926,360 CAPITAL IMPROVEMENT PROGRAM Parks $7,962,886 Streets $7,214,910 INTERNAL SERVICES PROGRAM Administrative Services - Information Services $1,483,987 Non-Departmental $4,504,189 .r,, ✓,e ;",L<e,i/a�/a v�xmi v7:P 7aaY i ,I-�rw✓r�/