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HomeMy WebLinkAbout097-92RESOLUTION NO. 97-92 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF DANVILLE ADOPTING THE 1992-94 FINANCIAL PLAN AND SETTING THE 1992-93 APPROPRIATION LIMIT WHEREAS, a proposed two year financial plan for the fiscal years beginning July 1, 1992 and ending June 30, 1994 was submitted to the Town Council on May 18, 1992; and WHEREAS, the Town Council held four study sessions and two public hearings to discuss the proposed financial plan; and WHERFakS, the Town Council made various amendments to the proposed financial plan detailed in Exhibit A of this resolution; and WHEREAS, the Town Council is required to adopt an appropriation limit for proceeds of taxes; and WHEREAS, this limit fixes the amount of general tax revenue that can be appropriated in a given fiscal year; and WHERE&S, any excess revenue must be returned to the taxpayers; and WHEREAS, 'pursuant to Proposition 111 passed by the voters in June 1990, the Town has selected the growth in the non-residential assessed valuation due to new construction within the city and the change in Town population as the adjustment factors for 1992-93; now therefore, be it RESOLVED, that the Town Council of the Town of Danville does hereby adopt the proposed 1992-94 Financial Plan as amended by Exhibit A; and be it further RESOLVED, that the Town Council of the Town of Danville does hereby set the fiscal year 1992-93 appropriation limit at $8,678,536. APPROVED by the Danville Town Council at a regular meeting on June 30, 1992 by the following vote: AYES: LANE, NOES: NONE ABSTAIN: NONE ABSENT: NONE SHIMANSKY, DOYLE, GREENBERG, RITCHEY .APPROVEDiS To FORM: L,/ CITY ATTORNEY ATTEST: {~ITY CLERK EXHIBIT A TO RESOLUTION NO. 97-92 AMENDMENTS TO 1992-94 PROPOSED FINANCIAL PLAN OPERATING BUDGET PROGRAM Town Manager/Special Projects Transportation Demand Management Coordinator - .25 FTE Administrative Services/Finance Day Care Center Loan Payments Police/Traffic Safety Delete. 75 Parking Enforcement OJy~cer Move the 1992-93 savings of $13,424 for the above positions to Reserve for State Revenue Shortfall Legislative Change Records Technician to Records Specialist Administrative Services/Support Services Change Secretary H to Town Receptionist Economic Development Delete Economic Development Director position Reduce project development costs Move the 1992-93 combined savings of $75,796 for the above position and project costs to Reserve for State Revenue §hottrail NET DOLIAR EFFECT +(0 1992-93 1993-94 $12,500 $13,125 42,000 42,000 0 (14,095) 0 0 o o 0 (58,378) (2o,ooo) Capital Improvement Assistant City Engineer Plan Review Engineer Move the 1992-93 savings of $38,300 and $51,704 for the above two positions to Reserve for State Revenue Shortfall Townwide Eliminate 1992-93 Merit Increase, Move $140,000 in salary savings to Reserve for State Revenue Shortfall TOTAL ADDITIONS TO 1992-94 PROPOSED FINANCIAL PLAN OPERATING BUDGET NET CHANGE TO 1992-94 PROPOSED FINANCIAL PLAN STAFFING 0 0 0 $54,500 (3.50) (80,221) (72,178) 0 ($189,747) (3.50) EXHIBIT A TO RESOLUTION NO. 97-92 continued FISCAL YEAR 1992-93 CAPITAL BUDGET- REVISED # PROGRAM CATEGORIES PRIOR APPROPRIATION 1992-93 APPROPRIATION (PROPOSED) CAPITAL RECOVERY/OTHER PROJECTS 11 TOWN OFFICE REPAIRS & MAINT. 20,000 40,704 64 LOCAL GENERAL IMPROVEMENTS 31,000 26,500 207 OSAGE S7A TION BOOSTER PUMP REPLCMNT. 0 23,320 214 SOUTHERI~ PACIFIC DEPOT RESTORATION 0 10,600 216 TOWN SERVICE CENTER MAINT. 0 7,420 i TOTAL $51,000 $108,544 TRANSPORTATION 38 PAVEMENT MANAGEMENT 350,000 300,000 46 TRAFFIC $fGNAL INTERCONNECT 20,000 7,500 67 HARTZ WAY IMPROVEMENTS 285,000 74,752 161 CAMINO 7ASSAJARA (DIABLO TO MOLITAS) 600,000 452,206 201 HARTZ A rE. FRONTAGE IMPROVEMENTS 0 70,526 I TOTAL $1,255,000 0904,984 ) For descriptions of capital projects please refer to the 1992/93 to 1996/97 Five Year Capital Improvement Plan. EXHIBIT A TO RESOLUTION NO. 97-92 continued FISCAL YEAR 1992-93 CAPITAL BUDGET- REVISED CONTINUED 3 5 95 107 203 222 # PROGRAM CATEGORIES QUALITY OF LIFE Appropriation of New Projects: OAK HILL PARK BUILDING REPAIRS PARK FACILITY RENOVATIONS DOWNTOWN BEA UTIFICA TION PARKWIDE ACCESS IMPROVEMENTS DIABLO VISTA PARK PHASES II & III SPECIAL EVENTS PORTABLE STAGE TOTAL Deletion of Prior Projects: PRIOR APPROPRIATION 1992-93 APPROPRIATION (PROPOSED} 0 27,984 15,000 30,000 141,306 37,815 0 5,000 0 534,672 0 30,000 $156,306 $665,471 109 South Danville Park ($41,000) 71 Cliffs/de Drive Ditch ($28,000) 211 Freitas Road Bridge ($10,000) 1,383,306 TOTAL CAPITAL BUDGET ~i~i~i~i?~i~ii~i~iii~i~i~i~i?~i~iii~i?:~i~i~ii~ii~i::~J~?.~i;;z{::~;~iii?iiiiiiii:iiiiiiiii~ii ) ) For descriptions of capital projects please refer to the 1992/93 to 1996/97 Five Year Capital Improvement Plan.