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Home My WebLink About2004-03-15 Ordinance 4821ORDINANCE NO. 4821 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR THE FISCAL YEAR 2003-04 TO ADJUST BUDGETED REVENUES AND EXPENDITURES IN ACCORDANCE WITH THE RECOMMENDATIONS IN THE MIDYEAR REPORT SECTION 1. The City Council of the City of Palo Alto does hereby ordain as follows: A. Pursuant to the provisions of Section 12 III of the Charter of the City of Palo Council on June 16, 2003 did adopt a budget year 2003-04; and of Article Alto, the for fiscal B. After reviewing the current budgeted revenues and expenditures for fiscal year 2003-04, adjustments to the budget are recommended to more accurately reflect year-end projections; and C. Various staffing adjustments require an amendment to the Table of Organization including the removal of 1.0 FTE Deputy Director from the Community Services Department, the reclassification of 1.0 FTE Staff Secretary to an Administrative Assistant in the new Library Department, the reclassification of 3: 0 FTE Instrumentation Electrician to Electrician, the reclassification of 2.0 FTE Senior Instrumentation Electrician to Electrician Lead, and the reclassification of 1.0 FTE Water Transmission Specialist to Water System Operator II; and D. The 2003-04 Adopted Municipal Fee Schedule needs to be amended to increase certain fees and to implement other miscellaneous changes; and E. Ci ty Council authorization is needed to amend the 2003-04 budget as hereinafter set forth. SECTION 2. The General Fund Budget Stabilization Reserve is hereby decreased by the sum of One Hundred Eighty One Thousand Dollars ($181,000), as described in Exhibit "A," which is incorporated herein by this reference. As a result of this change, the Budget Stabilization Reserve will decrease from $18,734,000 to $18,553,000. SECTION 3. The General Fund Infrastructure Reserve is hereby decreased by the sum of Four Hundred Eighty Nine Thousand Dollars ($489,000), as described in Exhibit "A. II As a result of this change, the Infrastructure Reserve will decrease from $28,308,000 to $27,819,000. SECTION 4. The Supply Rate Stabilization Reserve in the Electric Fund is hereby increased by the sum of Seven Million, Eight Hundred Sixty Four Thousand Dollars ($7,864,000) as described in Exhibit A. SECTION 5. The Distribution Rate Stabilization Reserve in the Electric Fund is hereby decreased by the sum of Ninety Eight Thousand Dollars ($98,000) as described in Exhibit A. SECTION 6. The Supply Rate Stabilization Reserve in the Gas Fund is hereby decreased by the sum of Nine Hundred Ninety One Thousand Dollars ($991,000) as described in Exhibit·A. SECTION 7. The Distribution Rate Stabilization Reserve in the Gas Fund is hereby increased by the sum of Ninety One Thousand Dollars ($91,000) as described in Exhibit A. SECTION 8. The Rate Stabilization Reserve in the Wastewater Collection Fund is hereby decreased by the sum of Five Hundred Fifty Nine Thousand Dollars ($559,000) as described in Exhibit A. SECTION 9. The Rate Stabilization Reserve in the Water Fund is hereby decreased by the sum of Two Hundred Thirty Four Thousand Dollars ($234,000) as described in Exhibit A. SECTION 10. Funds in the amount of One Hundred Fifty- Five Thousand, Three Hundred Thirty Seven Dollars ($155,337) are hereby transferred from the Community Services Golf Services Functional Area to the Vehicle Replacement Fund to repay a portion of an outstanding inter-fund loan for the acquisition of golf course equipment. SECTION 11. The sum of One Hundred Thousand Dollars ($100,000) is hereby appropriated to the Law Enforcement Services subfund in the Federal and State Grants Special Revenue Fund to recognize receipt of COPS grant funding to cover training and equipment costs. SECTION 12. The sum of One Hundred and Fifty Thousand Dollars ($150,000) is hereby appropriated to non-salary expense in the Downtown Business Improvement District (BID) Fund to recognize receipt of Downtown BID Assessment Fees to cover BID-related costs. SECTION 13. The sum of $86,977 is appropriated to non- salary expenses in the Below Market Rate Fund to acquire and preserve units in the BMR program. rfhis transaction will reduce the balance in the Below Market Rate Fund Reserve to $87,723. The Below Market Rate Fund Reserve is hereby reduced by the sum of Eighty Six Thousand Nine Hundred Seventy-Seven Dollars ($86,977) to reflect increased expenditures in the Below Market Rate Fund. SECTION 14. The sum of $750,000 is appropriated to non- salary expenses in the Housing In-Lieu Fund to provide a developmental loan for the Opportunity Center Housing Project. This transaction will reduce the balance in Housing In-Lieu Fund Reserve to $4,740,241. The Housing In- Lieu Reserve is hereby reduced by the sum of Seven Hundred Fifty Thousand Dollars ($750,000) to reflect increased expenditures in the Housing In-Lieu Fund. SECTION 15. A transfer from the Traffic Mitigation Fund to the General fund is hereby reduced in the amount of Fifty Thousand Dollars ($50,000) from $200,000 to $150,000 to align revenues with budgeted expendi tures .. SECTION 16. The City Council hereby authorizes the adjustments indicated to the various funds as shown in Exhibit A. These changes will impact reserves as indicated in Exhibit A. SECTION 17. The City Council hereby authorizes the adjustments indicated to various Capital Improvement Projects as shown in Exhibit B. These changes will impact the General Fund Budget Stabilization Reserve and the Infrastructure Reserve and are incorporated with other changes in Exhibit A. SECTION 18. The Municipal Fee Schedule is hereby amended to reflect the changes shown in Exhibit C, which is attached hereto and incorporated herein by reference. These changes will impact the General Fund Budget Stabilization Reserve and are incorporated with other changes in Exhibit A. SECTION 19. The Table of Organization is hereby amended to reflect the changes shown in Exhibit D, which is attached hereto and incorporated herein by reference. These changes will impact Reserves and are incorporated with other changes in Exhibit A. SECTION 20. The scope of Capital Improvement Projects (CIP) PE04014, Animal Shelter Expansion and Renovation and PF01002, Civic Center Infrastructure Improvements is hereby changed as shown in Exhibit B. SECTION 21. As specified in Section 2.2S.0S0{a) of the Palo Alto Municipal Code, a two-thirds vote of the City Council is required to adopt this ordinance. SECTION 22. The Council of the City of Palo Alto hereby finds that this midyear adjustment is not a project under the California Environmental Quality Act and, therefore, no environmental impact assessment is necessary. However, projects described in this ordinance will be assessed individually as appropriate. SECTION 23. As provided in Section 2.04.375 of the Palo Alto Municipal Code, this ordinance shall become effective upon adoptionj provided that all new Planning Department fees, more specifically described in Exhibit "c, /I shall become effective sixty (60) days from the date of adoption. INTRODUCED AND PASSED: March 15, 2004 AYES: BEECHAM, BURCH, CORDELL, FREEMAN, KISHIMOTO, KLEINBERG, MORTON, MOSSAR, OJAKIAN NOES: ABSENT: ABSTENTIONS: *LL fj.d] City Clerk -~ APPROVED AS TO~ ~ S{. Asst. City Attorney Mayor Director of Services