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HomeMy WebLinkAbout038-2019DocuSign Envelope ID: B9AF4351-6AFB-424D-BF03-25E623B7C2CB RESOLUTION NO. 38-2019 APPROVING THE 2019/20 OPERATING BUDGET AND SETTING THE 2019/20 APPROPRIATION LIMIT WHEREAS, an Operating Budget for FY 2019/20 was submitted to the Town Council on April 26, 2019; and WHEREAS, the Town Council held three public study sessions on May 7, May 14 and May 21, 2019 to review the draft FY 2019/20 Operating Budget; and WHEREAS, the Town Council accepted public testimony and studied the proposed Operating Budget; and WHEREAS, the emphasis in the Operating Budget is focused upon the Town's Mission, which is to deliver superior municipal services that make people's lives better, through: • keeping residents, businesses and property safe • providing well-maintained public facilities • protecting our environment, preserving our history and retaining the special character • providing opportunities that support residents' growth and enrichment • promoting and supporting economic vitality and growth • representing and promoting Danville's best interests • celebrating community through family oriented special events • effectively engaging and communicating with residents and businesses; and WHEREAS, the Operating Budget proposes programmatic service levels which are within the Town's financial means, while reserving funds for capital projects and maintaining adequate reserve and contingency levels; and WHEREAS, sufficient revenues are available to fund all 2019/20 expenditures; and WHEREAS, the Town Council is required to adopt an appropriation limit for proceeds of taxes pursuant to Proposition 111 passed by the voters in June 1990; and WHEREAS, this limit fixes the amount of general tax revenue that can be appropriated in a given fiscal year; and WHEREAS, any excess revenue must be returned to the taxpayers; and DocuSign Envelope ID: B9AF4351-6AFB-424D-BF03-25E623B7C2CB WHEREAS, pursuant to Proposition 111, the Town Council has selected the growth in California per capita income and population growth within Contra Costa County as the adjustment factors for FY 2019/20; now therefore, be it RESOLVED that the Danville Town Council hereby: 1. Adopts the FY 2019/20 Operating Budget as recommended; 2. Appropriates Town Revenues, Fund Balances and Special Revenues totaling $33,227,071 for 2019/20 Operating Expenditures; 3. Appropriates $2,000 from available Contingency Funds to fund Business Promotion activities through the Town's Economic Development Program; 4. Sets the FY 2018/19 Appropriation Limit at $42,004,414; 5. Directs the Town staff to publish the FY 2019/20 Operating Budget; and 6. Directs the Town Manager to implement the FY 2019/20 Operating Budget. APPROVED by the Danville Town Council at a regular meeting on June 4, 2019, by the following vote: AYES: Arnerich, Blackwell, Morgan, Stepper, Storer NOES: None DocuSigned by: ABSTAINED: None ABSENT: None 2640D07461784DD... MAYOR APPROVED AS TO FORM: ATTEST: r—DocuSigned by:c,, g G g. LV'"1 �895C6C4OADBF4BF... p— DocuSi9ned by: �71735A3F04C942F... CITY ATTORNEY CITY CLERK PAGE 2 OF RESOLUTION NO. 38-2019