HomeMy WebLinkAboutRES. No. 06-86CITY OF PALM DESERT
FINANCIAL PLAN
FISCAL YEAR 2006-2007
Item 2
RESOLUTION NO. 06-86
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF PALM DESERT, CALIFORNIA, ADOPTING A PROGRAM
AND FINANCIAL PLAN FOR THE FISCAL YEAR JULY 1,
2006 THROUGH JUNE 30, 2007.
WHEREAS, the City Council has received and considered the proposed
Program and Financial Plan submitted by the City Manager on June 22, 2006; and
WHEREAS, after due notice, the City Council held a public hearing on the
proposed plan.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Palm Desert, California, that:
1. The amounts shown on Exhibit 1, "Estimated Revenues", are hereby accepted as
the Estimated Revenues for the 2006-07 Fiscal Year for each fund and revenue source.
2. The amounts shown on Exhibit 2, "Appropriations" are hereby appropriated, to
the departments and activities indicated. The City Manager, or his duly appointed
representative, will have the authority to approve intra-departmental budgeted line item
variations; additional appropriations or inter -departmental budget transfers will be
specifically approved by further City Council action during the 2006-07 fiscal year as the
need arises.
3. The amounts shown on Exhibit 3, "Continuing Appropriations, Existing Capital
Projects", are hereby accepted as continuing appropriations from the 2005-06 Fiscal
Year. The amounts included in this exhibit include all unexpended amounts from
purchase orders and contracts encumbered by June 30, 2006.
PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm
Desert City Council held on this 22nd day of June, 2005, by the following vote, to
wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
Rachelle D. Klassen, City Clerk
CITY OF PALM DESERT, CALIFORNIA
JIM FERGUSON, MAYOR
xii
RESOLUTION NO. 06-86
PALM DESERT ESTIMATED REVENUES, Exhibit 1
CATEGORY/FUND
General Fund:
1. Sales tax
2. Transient occupancy tax
3. Property tax
4. Interest
5. Transfers in
6. Franchises
7. State subventions(VLF)
8. Building & grading permits
9. Reimbursements
10. Business license tax
11. Timeshare mitigation fee
12. Plan check fees
13. Property transfer tax
14. Other revenues
Totals General Fund
Fire Tax Fund:
1. Structural Fire Tax
2. Prop. A. Fire Tax
3. Reimbursements
4. Interfund Transfers In
TOTAL FIRE AND GENERAL FD
Actual Actual
FY 03-04 FY 04-05
15,138,424 15,453,148
7,609,173 7,715,624
3,369,710 4,003,585
1,144,490 1,861,872
1,092,475 1,156,747
2,417,856 2,439,134
2,085,628 3,736,860
1,053,904 2,234,106
2,650,092 2,169,497
988,246 1,226,916
392,988 526,271
786,486 701,215
870,415 1,099,665
267,338 321,758
39,867,225 44,646,398
2,426,679
1,432,894
726,605
44,453,403
2,700,000
1,568,610
440,402
762,594
50,118, 004
Adopted
FY 05-06
17,515,000
7,600,000
3,502,000
1,400,000
1,150,000
2,575,000
2,860,000
1,300,000
1,506,692
1,100,000
500,000
602,500
450,000
670,000
42,731,192
2,900,000
1,900,000
662,000
1,045,000
49,238,192
Projected Budget
FY 05-06 FY 06-07
17,500,000 18,200,000
7,715,564 7,900,000
4,549,303 4,600,000
1,919,672 2,315,000
1,150,000 1,200,000
2,575,000 2,650,000
3,824,351 3,850,000
2,154,191 2,070,000
1,584,744 1,587,000
1,272,771 1,200,000
550,000 600,000
702,000 800,000
870,000 700,000
319,911 389,000
46,687,507 48,061,000
2,900,000
1,900,000
662000
1,045,000
53,194,507
3,862,000
1,900,000
712,000
1,852,000
56,387,000
Page 1-29
RESOLUTION NO. 06-86
PALM DESERT ESTIMATED REVENUES, Exhibit 1
CATEGORY/FUND
Gas Tax Fund:
1. Gas Tax
2. Interest
Total Gas Tax
Traffic Safety Fund:
1. Vehicle Fines
2. Interest
Total Traffic Safety Fund
Measure A Fund:
1. Sales Tax
2. Reimbursements
3. Interest
Total Measure A Fund
Actual Actual Adopted Projected Budget
FY 03-04 FY 04-05 FY 05-06 FY 05-06 FY 06-07
834,570
5,375
839,945
159,252
1,114
160,366
2,260,912
1,092,170
60,652
3,413,734
860,222
10,378
870,600
165,764
2,237
168,001
2,385,026
554,830
84,258
3,024,114
880,000
15,000
895,000
200,000
5,000
205,000
975,000
14,000
989,000
175,000
5,000
180,000
906,000
14,000
920,000
200,000
5,000
205,000
2,343,250 2,400,000 2,420,500
1,000,000 10,800,000
48,600 80,000 75,400
3,391,850 2,480,000 13,295,900
Housing Mitiaation Fund:
1. Development Fee 232,209 145,030 30,000 900,000 200,000
2. Interest 1,561 1,424 2,500 2,500 2,500
Total Housina Mitiaation Fund: 233,770 146,454 32,500 902,500 202,500
CDBG Block Grant Fund:
1. CDBG Block Grant 121,424 588,527 425,000 400,000 400,000
2. Reimbursements 88,330 96,952 130,000 25,000
3. Interest 5,250 6,944 5,000 5,000 7,000
Total CDBG Fund 215,004 692,423 430,000 535,000 432,000
Child Care Program
1. Child Care Fee
4. Interest
Total Public Safety Fund
2,840
2,840
28,000 30,000
5,000
28,000 35,000
Public Safety Grant Fund:
1. Federal Grants 37,591 16,500 16,500 31,500
2. State Grants 103,666 100,000 100,000 100,000 100,000
3. CityMatching Contribution 2,814 17,459
4. Interest 765 1,102 1,000 1,000 1,000
Total Public Safety Fund 107,245 156,152 117,500 117,500 132,500
rayG 1-ov
RESOLUTION NO. 06-86.
PALM DESERT ESTIMATED REVENUES, Exhibit 1I
CATEGORY / FUND
Actual Actual Adopted Projected Budget
FY 03-04 FY 04-05 FY 05-06 FY 05-06 FY 06-07
New Construction Tax Fund?
1. Development Fee 477,694 570,486 300,000 570,000 500,000
2. Reimbursements 563,461
3. Interest 61,388 104,576 50,000 50,000 100,000
Total New Construction Fund 539,082 1,238,523 350,000 620,000 600,000
Drainage Facility Fund:
1. Development Fee 212,188 389,685 50,000 230,000 200,000
2. Reimbursements 21,333 -
3. Interest 62,317 102,663 29,000 100,000 100,000
Total Drainage Facility Fund 274,505 513,681 79,000 330,000 300,000
Park & Recreation Fund:
1. Development Fee 78,906 1,071,648 50,000 700,000 250,000
2. Reimbursements 3,500 6,156
3. Interest 26,952 61,505 18,400 18,000 50,000
Total Park & Recreation Fund 109,358 1,139,309 68,400 718,000 300,000
Sianalization Fund:
1. Development Fee 52,317 162,437 40,000 120,000 100,000
2. Reimbursements 100,163 5,201 -
3. Interest 13,393 16,466 4,300 20,000 20,000
Total Sianalization Fund 165,873 184,104 44,300 140,000 120,000
Waste Recycling Fund:
1. Waste Recycling Fee 548,544 564,167 550,000 575,000 600,000
2. Reimbursements 46,447 119,215 15,000 50,000
3. Interest 47,165 88,098 50,000 100,000 100,000
Total Waste Recvclina Fund 642,156 771,480 600,000 690,000 750,000
Air Quality Management Fund:
1. Air Quality Fee 51,413 52,438 50,000 52,000 54,000
2. Reimbursements -
3. Interest 1,304 2,851 2,000 2,000 2,000
Total Air Quality Fund 52,717 55,289 52,000 54,000 56,000
Page 1-31
RESOLUTION NO. 06-864
PALM DESERT ESTIMATED REVENUES, Exhibit 1
CATEGORY/FUND
Actual Actual Adopted Projected Budget
FY 03-04 FY 04-05 FY 05-06 FY 05-06 FY 06-07
City Wide Business Prom. Fund;
1. Business License -$1 Day Use Fee(CC 48,630 46,278 50,000 50,000 50,000
2. Reimbursements
3. Interest 503 1,379 1,000 1,000 1,000
Total Business Prom. Fund 49,133 47,657 51,000 51,000 51,000
Art in Public Places Fund:
1. Development Fee 262,764 425,460 200,000 400,000 250,000
2. Reimbursements 200 7,130
3. interest 21,514 34,905 15,000 45,000 45,000
Total AIPP Fund 284,478 467,495 215,000 445,000 295,000
Page 1-32
RESOLUTION NO. 06-86,
PALM DESERT ESTIMATED REVENUES, Exhibit 1
CATEGORY/FUND
Actual Actual Adopted Projected Budget
FY 03-04 FY 04-05 FY 05-06 FY 05-06 FY 06-07
AIPP Maintenace Fund:
1. AIPP Transfers In 12,518 7,600 7,600
2.Reimbursements
3. Interest 3,735 4,620 3,000 3,000 5,000
Total AIPP Maint. Fund 3,735 17,138 10,600 10,600 5,000
Golf Course Maint/Improv Fund:
1. Time Share Mitigation & Amenity Fees 1,874,908 332,306 332,306 437,800 450,000
2. Reimbursements
3. Interest 21,049 53,317 5,000 75,000 60,000
Total Golf Course Maint. Fund 1,895,957 385,623 337,306 512,800 510,000
Retiree Health Fund:
1. General Fund Contribution 4,650,000 543,300 418,000 540,000 540,000
2. Reimbursements
3. Interest 456,211 431,146 410,000 400,000 410,000
Total Retiree Health Fund 5,106,211 974,446 828,000 940,000 950,000
El Paseo Merchant Fund:
1. El Paseo Merchant Fee(Business Licer
Total El Paseo Fund
2010 Capital Proiect Reserve:
1. State, Federal, CVAG Reimb.
2. General Fund Transfer In
3. Interest
Total Capital Proiect Fund
Parks Fund:
1. Reimbursements
Total Parks Fund
215,064
215,064
962,630
11,055,630
384,945
12,403,205
227,848
227,848
215,000
215,000
235,000
235,000
230,000
230,000
3,147,841 6,360,000 6,360,000 6,400,000
7,433,030
485,780 159,700 159,700 234,000
11,066,651 6,519,700 6,519,700 6,634,000
209,000
209,000
Drainage Fund:
1. Reimbursements 87,000
Total Drainage Fund - - 87,000
Signal Fund:
1. Interest 3,400
Total Signal Fund - 3,400
rayG I-.))
RESOLUTION NO. 06-86
PALM DESERT ESTIMATED REVENUES, Exhibit 1
CATEGORY/FUND
Actual Actual Adopted Projected Budget
FY 03-04 FY 04-05 FY 05-06 FY 05-06 FY 06-07
Library Fund:
1. General Fund Transfers In 69,462 83,158 320,000 320,000 535,000
Total Library Fund 69,462 83,158 320,000 320,000 535,000
Parkview Office Complex Fund:
1. Rent/Leases of Buildings 851,763 868,815 888,000 862,254 882,000
2. State Reimbursements 30,070
3. Interest 0 47,894 4,132 62,025 10,000
Total Parkview Office Fund 851,763 946,779 892,132 924,279 892,000
Eauipment Maint. Fund:
1. General Fund Transfer In 213,137 212,137 213,000 213,000 213,000
2. Reimbursements
3. interest 34,633 59,182 45,000 50,000
Total Eauipment Maint. Fund 247,770 271,319 213,000 258,000 263,000
Landscape & Liahtina Districts:
1. General Fund Transfer In - 56,906
2. Taxes 295,846
3. Interest
Total Landscape & Liahtinq - 352,752
Business Improvement Districts:
1. General Fund Transfer In -
2. Taxes 210,137
3. Interest -
Total Business Improvement 210,137
Desert Willow Golf Fund:
1. Golf Course & Resturant Revenue 6,237,086 6,814,894 8,574,176 9,398,126 9,728,565
2. Reimbursements
3. Interest
Total Desert Willow Fund 6,237,086 6,814,894 8,574,176 9,398,126 9,728,565
Page 1-34
RESOLUTION N0. 06-86
Exhibit: `2.
ESERT APPROPRIATIONS
AL YEAR 2OO6w2007
DEPARTMENT TITLE
GENERAL FUND
City Council
City Clerk
Elections
Legislative Advocacy
City Attorney
Legal Special Services
City Manager
Community Services
Finance
Independent Audit
Human Resources
General Services
Information Technogy
Unemployment Insurance
Insurance
Interfund Transfers
Police Services
Animal Regulation
P.W-St Light/Traffic Sfty
Development Services
Public Works- Admin
Public Works -Street Maint
PW-Street Resurfacing
PW-Corp. Yard
PW-Equipment
PW-Public Bldg-Opr/Maint.
PW-Portola Community Center
NPDES-Storm Water Permit
Community Promotions
Marketing
Visitors Information Center
Building & Safety
Planning & Community Dev
Office of Energy Management
PW- Park maintenance
PW- Civic Center Park
PW-Landscape Services
Outside Agency Funding
(TOTAL GENERAL FUND
APPROPRIATIONS
FY 2006-2007
290,700
527,600
51,900
63,000
144,000
345,000
641,600
1,617,400
1,631,100
70,000
684,300
463,100
1,285,050
8,000
620,000
2,448,000
13, 755,100
240,000
613,000
997,299
2,963,824
2,128, 558
1,850,000
166,500
368,000
646,400
85,550
50,000
2,071,500
1,181,120
639,100
2,999,560
997,650
357,300
1,262,415
1,107, 500
1,693,757
946,554
48,011,437 1
Exhibit ;2° w
tRIATI'C 1
- 07
FUND NAME
TRAFFIC SAFETY
GAS TAX
MEASURE A
HOUSING MITIGATION FEE
COMMUNITY DEVELOPMENT
CHILD CARE PROGRAMS
PUBLIC SAFETY GRANTS
PROP AFIRE TAX
DRAINAGE FACILITY
PARK AND REC
SIGNALIZATION
WASTE RECYLCING FEES
AIR QUALITY MGMT
CITY WIDE BUSINESS PROM
PARK & RECREATION
SIGNALIZATION
2010 PLAN RESERVES
DRAINAGE
LIBRARY
ART IN PUBLIC PLACES
APPROPRIATIONS
FY 2006-2007
205,000
920,000
13,505,000
202,500
502,500
35,000
130,000
8,586,576
600,000
180,000
265,000
1,338,200
105,000
51,000
909,000
11,973,602
300,000
335,500
337,785
MAINTENANCE OF ART 100,000
Enterprise Fund - Parkview Office Complx 1,064,920
Enterprise Fund - Desert Willow 9,828,394
Equipment Replacement Fund 140,000
GOLF COURSE IMPROVEMENTS 518,000
Retiree Health 250,000
FUND NAME
'DEBT SERVICE FUNDS
Debt Service - 83-1
Debt Service - 84-1r
Debt Service - 87-1
Debt Service - 92-1
Debt Service - 94-1
Debt Service - 94-2
Debt Service - 94-3
Debt Service - CFD91-1 A
Debt Service - CFD98-1
Debt Service - 01-1
P.D. Financing Auth-RDA
P.D. Financing Auth-City
'TOTAL
'SPECIAL ASSESSMENT FUNDS
271 El Paseo Merchants
LANDSCAPE & LIGHTING ZONES
BUSINESS IMPROVEMENT DISTRICT
TOTAL SPECIAL ASSESSMENT
APPROPRIATIONS
FY 2006-2007
170,800
129,200
112,600
2,008,735
157,000
198,500
23,282,182
2,632,402
26,059,017
230,000
352,262
210,137
792,399 I
RESOLUTION NO. 06-86
CITY OF PALM DESERT
CAPITAL IMPROVEMENT PROGRAM
Exhibit 3
EXISTING PROJECTS IN FISCAL YEAR 2005-06 CONTINUED TO FY 2006-2007
PROJECT TITLE
General Fund 110
Street Resurfacing
Art of Food & Wine Festival **
Energy Promotion **
Measure A Fund 213
Monterey Ave Ramp Modification
Portola/1-10 Interchange ROW / Design
Portola Street / Dinah Shore Extension
Monterey Median Imp ( Hovley & Country Club)
Monterey Ave Utility Relocation
Cook Street from Fred Waring to Frank S.
Fred Waring Turn Pockets
Dinah Shore Imp (Miriam to Key Largo Ave)
New Construction Tax Fund 231
Corporation Yard Improvements
Civic Center Park Storage
Fire Station Improvements (Town Center/
Portola Stations)
Fire Station Expansion (Mesa View
Fire Station No. 67)
Drainage Fund 232
Portola Ave/Dinah Shore Extension
North Sphere Drainage Study Project
Cook and Country Club Drainage
Regional Park
Park & Rec Facilities Fund 233
Hiking Trail
Civic Center Amphitheater
Traffic Sionals Fund 234
Dinah Shore & Portola Avenue
Portola & Gerald Ford
Country Club 0 Via Scena
Portola Ave & Frank Sinatra Drive
Recycling Fund 236
None
Air Quality Mont Fund 238
None
Caoital Prol Reserve Fund 400
Fred Waring Drive Widening (Sound Wall /
Widening)
Washington Street Medians Study
Undergrounding - Neighborhood
Portola Ave 0 Whitewater Bridge
Shadow Mountain Drive/Hwy 74 Traffic Signal
Bus Stop Relocation
Monterey Ave Bridge expansion joints
Monterey Ave - Hovley W. to Country
Club Dr. (MIC)
Country Club Median
Fred Waring at San Pasquel
Sewer Laterals Installations
Major Street Landscaping
Major Street Sidewalk Program
Calle De Los Campesinos
Portola Palms Gate
Community Gardens
Visitor Center Equipment/Furniture
Lighting Retrofit Project
ESTIMATED
PROJECT
TOTAL FOR
LIFE OF
PROJECT
Continuing
Continuing
Continuing
ACCOUNT
NUMBERS
110-4311-433.33-20
110-4417-414.39-15
110-4417-414.32-23
2,871,590 213-4389-433.40-01
791,038 213-4351-433.40-01
359,368 213-4365-433.40-01
70,000 213-4371-433.40-01
505,000 213-4378-433.40-01
1,000,000 213-4385-433.40-01
500,000 213-4383-433-40-01
315,000 213-4561-433.40-01
6,000,000 231-4330-413.40-01
100,000 231-4340-433.40-01
170,062 231-4220-422.40-01
1,689,022 231-4624-433.40-01
310,000 232-4365-433.40-01
351,308 232-4370-433.40-01
3,745,000 232-4375-433.40-01
244,200 232-4670-454.40-01
50,000 233-4636-454.40-01
2,610,000 233-4668-454.40-01
215,000 234-4561-422.40-01
208,500 234-4263-422.40-01
125,000 234-4675-433.40-01
208,500 234-4548-422.40-01
FUNDING
SOURCES
General Fund
General Fund
General Fund
Measure A Fund 213
Measure A Fund 213
Measure A Fund 213
Measure A Fund 213
Measure A Fund 213
Measure A Fund 213
Measure A Fund 213
Measure A Fund 213
New Const. Tax FD 231
New Const. Tax FD 231
New Const. Tax FD 231
New Const. Tax FD 231
Drainage Fund 232
Drainage Fund 232
Drainage Fund 232
Drainage Fund 233
Park & Rec Fac. FD 233
Park & Rec Fac. FD 233
Signalization FD 234
Signalization FD 234
Signalization FD 234
Signalization FD 234
Continuing 400-4399-433.40-01 Year 2010 Fund 400
115,000 400-4353-433.40-01 Year 2010 Fund 400
Continuing 400-4256-464.40-01 Year 2010 Fund 401
12,300,000 400-4359-433.40-01 Year 2010 Fund 400
225,000 400-4278-433.40-01 Year 2010 Fund 400
Continuing 400-4354-433.40-01 Year 2010 Fund 400
100,000 400-4355-433.40-01 Year 2010 Fund 400
45,000 400-4371-433.40-01 Year 2010 Fund 400
782,200 400-4377-433.40-01 Year 2010 Fund 400
100,000 400-4565-422.40-01 Year 2010 Fund 400
Continuing 400-4598-433.40-01 Year 2010 Fund 400
Continuing 400-4614-433.40-01 Year 2010 Fund 400
Continuing 400-4616-433.40-01 Year 2010 Fund 400
275,000 400-4379-433.40-01 Year 2010 Fund 400
25,000 400-4626-433.40-01 Year 2010 Fund 400
125,000 400-4546-454.40-01 Year 2010 Fund 400
259,076 400-4367-433.40-01 Year 2010 Fund 400
Continuing 400-4511-442.39-11 Year 2010 Fund 400
FY 2005-06
to FY06-07
SEE NOTE
1,836,180
80,000
100,000
2,370,424
1,715,993
213,849
56,303
500,000
597,265
500,000
201,535
0
100,000
79,377
0
309,432
0
3,393,871
0
33,878
2,306,477
215,000
208,466
113,471
208,500
0
0
7,624,019
115,000
0
51,216
221,722
140,300
100,000
43,117
22,903
81,955
23,723
1,170,961
485,532
33,160
0
125,000
210,814
562,993
RESOLUTION NO. 06-86
CITY OF PALM DESERT Exhibit 3
CAPITAL IMPROVEMENT PROGRAM
EXISTING PROJECTS IN FISCAL YEAR 2005-06 CONTINUED TO FY 2006-2007
PROJECT TITLE
Drainaae Facilities Fund 420
None
CP Parks & Rec Facilities Fund 430
AIPP Project
CC Bocce BaIUCrts/Picnic
CC Handball Courts
Hiking Trail
CC Restrooms
Amphitheater
Art In Public Places Fund 436
AIPP Projects
ESTIMATED
PROJECT
TOTAL FOR
LIFE OF
PROJECT
ACCOUNT
NUMBERS
10,000 430-4199-499.50-10
77,000 430-4612-454.40-01
51,000 430-4635-454.40-01
261,000 430-4636-454.40-01
125,000 430-4674-454.40-01
100,000 430-4668-454.40-01
Continuing 436-4650-454.40-01
FUNDING
SOURCES
Park & Rec Fac. FD 430
Park & Rec Fac. FD 430
Park & Rec Fac. FD 430
Park & Rec Fac. FD 430
Park & Rec Fac. FD 430
Park & Rec Fac. FD 430
AIPP FD 436
CP Sianalization Fund 440
Traffic Signal Coordination 250,000 440-4594-422.40-01 Signalization FD 440
TOTAL EXISTING PROJECTS
NOTE: APPROPRIATIONS AND/OR ENCUMBRANCES FOR REBUDGET/CARRYOVER
FROM FISCAL YEAR 2005-06 TO 2006-07
FY 2005-06
to FY06-07
SEE NOTE
10,000
77,000
51,000
367,959
125,000
64,574
445,000
191,686
I $27,484,655I
`* NOTE: DUE TO TIMING OF EVENTS, NO CONTRACT HAS BEEN OBTAIN, HOWEVER, FUNDS NEED TO BE CARRIED OVER TO
PREVENT SHORTING IN COMING FISCAL YEAR.
Continuing appropriations are amounts which have been appropriated in FY2005-06 and are not expected to be expended by
June 30, 2006. These funds are primarily for capital budgets and specific programs that overlap fiscal years. When authorized,
continuing appropriation amounts are added to the new fiscal year budget amounts in order to track all approved spending.
The exact amount of appropriations for carryover in each fund indicated wiN be determined at the end of the fiscal year during the
preparation of financial statements. This amount will include: 1) purchase orders and contracts encumbered totals and
2) unencumbered balances as of June 30, 2006 for appropriations approved by the City Council through the last meeting in
June, 2006.
AMOUNT ARE SUBJECT TO CHANGE DUE TO PROJECTS THAT THE COUNCIL APPROVES PRIOR TO JUNE 30, 2006
Note:Above amounts are as of May 31, 2006