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Home My WebLink About2003-04-21 Ordinance 4785ORDINANCE NO. 4785 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR THE FISCAL YEAR 2002-03 TO ADJUST BUDGETED REVENUES AND EXPENDITURES IN ACCORDANCE WITH THE RECOMMENDATIONS IN THE MIDYEAR REPORT WHEREAS I pursuant to the provisions of Section 12 of Article III of the Charter of the City of Palo Altol the Council on June 171 2002 did adopt a budget for fiscal year 2002-03; and WHEREAS I after reviewing the current budgeted revenues and expenditures for fiscal year 2002-03 1 adjustments to the budget are recommended to more accurately reflect year-end projectionsj and WHEREAS I the 2002-03 Adopted Municipal Fee Schedule needs to be amended to increase certain fees and to implement other miscellaneous changesj and WHEREAS I the 2002-03 Table of Organization needs to be amended to remove staffing that was contingent upon the passage of the library bond measurej to add 1 Engineering Tech II and eliminate 1 Planner; and to correct a publication error; and WHEREAS, adjustments in the Golf Course Improvement Debt Service Fund impacting reserve balances are recommendedj and WHEREAS, City Council authorization is needed to amend the 2002-03 budget as hereinafter set forth. NOW, THEREFORE, the Council of the City of Palo Alto does ORDAIN as follows: The General Fund Budget Stabilization Reserve is hereby reduced by the sum of One Million Two Hundred Three Thousand I Eight Hundred One Dollars ($1 /203,801) I as described in Exhibit "All I which is incorporated herein by this reference. As a result of this change I the Budget Stabilization Reserve will decrease from $22,527 1000 to $21,323,199. SECTION 2. The General Fund Infrastructure Reserve is hereby increased by the sum of One Million One Hundred Five Thousand, Seven Hundred Dollars ($1,105 /700)1 as described in Exhibit "A". As a result of this change, the Infrastructure Reserve will increase from $27 /162,000 to $28 /267 /700. SECTION 3. The City Council hereby authorizes the adjustments indicated to various Capital Improvement Projects as shown in Exhibit A. SECTION 4. The sum of Four Hundred Fifty-Nine Thousand, Two Hundred Fifty Dollars ($459,250) is hereby transferred from the capital projects hereinafter described, to the appropriation for Capital Improvement Project (CIP) 10216 (Enterprise Resource Planning)rThe amounts so transferred are from the following capital projects, which will be reduced by the amount listed: ~nancial Applications Development $64,850 19808) tywide Network Improvements (19711) $26,900 City Network Hardware Redundancy (10107) $57,500 IT Systems Management (10108) $110,000 Permit Tracking (19516) $200,000 Total $459.250 SECTION 5. The sum of Five Hundred Thousand Dollars ($500,000) is hereby appropriated to Capital Improvement Project Number 10216 (Enterprise Resource Planning). This transfer will reduce the balance in the Technology Fund Reserve to 6,283,473. SECTION 6. The sum of Twenty-One Thousand, Two Hundred Ninety- Two Dollars ($21,292) is hereby transferred from the Community Services Department Arts and Culture Functional Area and appropriated to Capital Improvement Project Number 19910, Community Theatre Renovations. SECTION 7. The scope of Capital Improvement Project (CIP) 19910, Community Theatre Renovations, is hereby changed as shown in Exhibit B. SECTION 8. The sum of Forty-Six Thousand, Eight Hundred Dollars ($46,800) is hereby appropriated to Capital Improvement Project Number 10206, Traffic Signal at San Antonio Road/Highway 101 Off-Ramp, and the Infrastructure Reserve is correspondingly reduced. SECTION 9. Revenue and expense in the sum of Thirty Thousand, Three Hundred Fifty Dollars ($30,350) is hereby appropriated to Capital Improvement Project Number 10304, Roth Building Wings Demolition, for receipt of funds from Summerhill Homes. This transaction will have no impact on reserves. SECTION 10. Capital Improvement project Number 10102, Civic Center Infrastructure Improvements, is hereby reduced by the sum of Nine Hundred Forty Thousand Dollars ($940,000) and the Infrastructure Reserve is correspondingly increased. SECTION 11. Capital Improvement Project Number 10006, Roofing Replacements, is hereby reduced by the sum of Two Hundred Twelve Thousand, Five Hundred Dollars ($212,500) and the Infrastructure Reserve is correspondingly increased. SECTION 12. The sum of One Hundred Thousand Dollars ($100,000) is hereby transferred from Capital Improvement Project (CIP) 10208 (Miranda Avenue Street Improvement)to the appropriation of Capital Improvement project (CIP) 9630 (Street Maintenance) . SECTION 13. The title and scope of Capital Improvement Project (CIP) 19906, MSC Permanent Seismic Retrofit Study, is hereby changed to "MSC Feasibility Study" as shown in Exhibit B. SECTION 14. Capital Improvement Project Number 8930, Traffic Signal Upgrade, is hereby increased by the sum of Two Hundred Twenty-Five Thousand Dollars ($225,000) and the Electric Fund Rate Stabilization Reserve is correspondingly reduced. SECTION 15. Capital Improvement Project Number 9707, Wastewater Solids Disposal Project, is hereby increased by the sum of One Hundred Forty-One Thousand, Seven Hundred Six Dollars ($141,706) and the Wastewater Treatment balance of Restricted Bond Proceeds is correspondingly reduced. SECTION 16. 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 not impact the General Fund Budget Stabilization Reserve. SECTION 17. The Supply Rate Stabilization Reserve in the Electric Fund is hereby increased by the sum of Seven Million Seven Hundred Nineteen Thousand Dollars ($7,719,000) to reflect increased revenues in the Electric Fund as described in Exhibit A. SECTION 18. The Distribution Rate Stabilization Reserve in the Electric Fund ,is hereby reduced by the sum of Two Hundred Fifty-Five Thousand, Eight Hundred Eighty Dollars ($255,880) to reflect reduced revenues in the Electric Fund as described in Exhibit A. SECTION 19. The Supply Rate Stabilization Reserve in the Gas Fund is hereby reduced by the sum of Six Hundred Thousand Dollars ($600,000) to reflect reduced revenues in the Gas Fund as described in Exhibit A. SECTION 20. The Distribution Rate Stabilization Reserve in the Gas Fund is hereby reduced by the sum of Thirty-Two Thousand Dollars ($32,OOO) to reflect reduced revenues in the Gas Fund as described in Exhibit A. SECTION 21. The Rate Stabilization Reserve in the Water Fund is hereby reduced by the sum of Twenty Eight Thousand ($28,OOO) to reflect reduced revenues in the Water Fund as are described in Exhibit A. SECTION 22. The Rate Stabilization Reserve in the Wastewater Collection Fund is hereby decreased by the sum of Seventy Thousand Dollars ($70,000) to reflect increased expenditures in the Wastewater Collection Fund as are described in Exhibit A. AA SECTION 23. The Rate Stabilization Reserve in the Wastewater Treatment Fund is hereby decreased by the sum of One Hundred Forty- One Thousand, Seven Hundred Six Dollars ($141,706) to reflect increased expenditures in the Wastewater Treatment Fund as are described in Exhibit A. SECTION 24. The Rate Stabilization Reserve in the Storm Drainage Fund is hereby increased by the sum of One Thousand Seven Hundred Fifty Dollars ($1,750) to reflect increased revenues in the Storm Drainage Fund as are described in Exhibit A. SECTION 25. The Housing In-Lieu Reserve is hereby reduced by the sum of Fifty Thousand Dollars ($50,000) to reflect increased expenditures as are described in Exhibit A. This transaction will reduce the balance in the Housing in Lieu Reserve to $9,801,000. SECTION 26. The Communi ty Development Block Grant Proj ect 01078, Community Working Group -Opportunity Center, is hereby increased by the sum of Two Hundred Fifty Thousand Dollars ($250,000) to reflect increased revenues as are described in Exhibit A. This transaction will have no impact on reserves. SECTION 27. The Table of Organization as amended to reflect changes shown in the attached Exhibit D is hereby approved. SECTION 28. As specified in Section 2.28.080(a) of the Palo Alto Municipal Code, a two-thirds vote of the City Council is required to adopt this ordinance. SECTION 29. 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 30. As provided in Section 2.04.375 of the Palo Alto Municipal Code, this ordinance shall become effective upon adoptioni provided that all new Planning Department fees, more specifically described in Exhibit "C 1 II shall become effective sixty (60) days from the date of adoption. II II II II II II II INTRODUCED AND PASSED: April 21, 2003 AYES: Beecham, Burch, Freeman, Kishimoto, Kleinberg, Lytle, Morton, Mossar, Ojakian NOES: ABSTENTIONS: ABSENT: ATTEST: APPROVED: ~~ City Clerk Mayor ~.