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HomeMy WebLinkAbout693ORDINANCE NO. 693 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF IRWINDALE ADOPTING THE BUDGET FOR FISCAL YEAR 2015-16 WHEREAS, a copy of the proposed budget for FY 2015-16 has been on file in the Office of the Deputy City Clerk and the City Library for public review; and WHEREAS, the City Council conducted a duly noticed public hearing to consider the proposed budget on June 10, 2015. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF IRWINDALE DOES HEREBY ORDAIN AS FOLLOWS: SECTION 1. The budget for the City of Irwindale for Fiscal Year 2015-16, as prepared and submitted by the City Manager and as modified by the City Council, is hereby approved and adopted. The operating and capital budget amounts are hereby authorized for the fiscal year within departments by fund, as listed on Exhibit A SECTION 2. From the effective date of said budget, the total amount as stated therein for each departmental activity account shall be appropriated subject to expenditure pursuant to all applicable ordinances of the City and statutes of the State. The operating budget may be reallocated by the City Manager providing there is no change in the total appropriations within any funds as authorized by the City Council. SECTION 3. At the close of the fiscal year, unexpended appropriations in the operating budget will be unencumbered as necessary to underwrite the expense of outstanding purchase commitments. Unexpended appropriations for authorized, but uncompleted projects may be carried forward to the next succeeding budget upon approval by the City Manager. SECTION 4. Total appropriations within the funds will be increased only by amendment of the budget by motion of the City Council. SECTION 5. The City Manager may reduce expenditure appropriations within funds as a method of fiscal control, and the Director of Finance may decrease revenue estimates to reflect economic change during the fiscal period. SECTION 6. The Director of Finance is hereby authorized to transfer monies in accordance with the interfund transfers listed in said budget, and to transfer monies to cover operational expenditures of the City through transfers of funds in such amounts, and at such times during the fiscal year as may be determined necessary to the competent operation and control of City business, or to provide adequate cash flow, Ordinance No. 693 Page 1 except that no such transfer shall be made in contravention of State law or City ordinances. SECTION 7. Adjustments made by the City Council during the budget hearing and documented in the minutes for this action will be incorporated with the final printed budget document. The City Manager is hereby authorized to approve any corrections in the budget document that are clerical in nature. SECTION 8. The Deputy City Clerk shall certify the passage of this Ordinance and shall cause the same to be posted in accordance with law. PASSED, APPROVED, AND ADOPTED this 24 th day of June 2015. ATTEST: aura M. Nieto, CMC eputy City Clerk Ordinance No. 693 Page 2 State of California County of Los Angeles City of Irwindale I, Laura M. Nieto, Deputy City Clerk of the City of Irwindale, California, do hereby certify that the foregoing Ordinance No. 693 was duly introduced at a regular City Council meeting held on the 10 th day of June 2015, and adopted at a regular meeting of the City Council held on the 24 th day of June 2015, by the following roll call vote: AYES: Councilmembers: Ambriz, Garcia, Miranda, Ortiz, Mayor Breceda NOES: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None a M. Nieto, CMC puty City Clerk AFFIDAVIT OF POSTING I, Laura Nieto, Deputy City Clerk, certify that I caused a copy of Ordinance No. 693, adopted by the City Council of the City of Irwindale at its regular meeting held June 24, 2015, to be posted at the City Hall, Library, and Post Office on June 30, 2015. Dated: June 30, 2015 Ordinance No. 693 Page 3 500 $ 15,000 $ 15,500 $ (6,175) $ (3,422,260) $ (3,428,435) $ (5,675) (3,407,260) (3,412,935) $ 3,275,000 (4,026,268) $ (751,268) 692,717 (28,261) 664,456 3,967,717 $ (4,054,529) $ (86,812) 190,400 48,852 1,700 26,473 21,958 16,469 10,000 28,698 (129,053) (48,000) (1,700) (26,473) (21,958) (16,469) (10,000) (28,698) 61,347 852 Exhibit A City of Irwindale Operating Budgets Summary FY 2015-16 Fund No Fund FY 2015-16 FY 2015-16 Revenues Expenditures Surplus (Deficit) FY 2015-16 General Fund 01 General Fund $ 18,520,000 $ (19,429,865) $ (909,865) Irwindale Joint Powers Authority 10 Irwindale Joint Powers Authority 564,000 $ (564,000) $ Irwindale Housing Authority Fund 11 Irwindale Housing Authority 12 IHA-Low/Mod Housing Asset Fund TOTAL HOUSING AUTHORITY FUNDS Special Mining Funds 13 Special Mining Fund 14 Reclamation Fund TOTAL SPECIAL MINING FUNDS Grants & Special Revenue Funds 15 AB939 Recycling Fund 21 State Gas Tax Fund 22 Air Quality Improvement Fund 25 Proposition A Fund 26 Proposition C Fund 27 Measure R Fund 28 TDA Article 3 Fund 32 Community Development Block Grant Fund Assessment Districts 42 CFD #1 Community Facilities District Fund 43 Live Oak Sewer Assmt District Fund 44 Street Light Assmt District-IBC Fund 45 Sewer Maintenance Assmt District-IBC Fund TOTAL ASSESSMENT DISTRICT REVENUE FUNDS $ (282,351) $ 62,199 (1,000,100) $ (100,306) $ (13,060) $ (113,980) $ (1,227,446) $ 12,515 12,515 TOTAL GRANT & OTHER SPECIAL REVENUE FUNDS $ 344,550 $ $ 1,000,100 100,306 13,060 126,495 1,239,961 $ 6/18/2015 T:\Budget\FY 15-16 \Budget Preparation \Budget Combining Worksheets.xls