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HomeMy WebLinkAbout035-2020DocuSign Envelope ID: E16463EC-EE2F-41 EE-84D6-672A4C8AFA51 RESOLUTION NO. 35-2020 APPROVING THE 2020/21 OPERATING BUDGET AND SETTING THE 2020/21 APPROPRIATION LIMIT WHEREAS, an Operating Budget for FY 2020/21 was submitted to the Town Council on May 21, 2020; and WHEREAS, the Town Council held three public study sessions on May 26, June 2, and June 9, 2020 to review the draft FY 2020/21 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 2020/21 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: E16463EC-EE2F-41 EE-84D6-672A4C8AFA51 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 2020/21; now therefore, be it RESOLVED that the Danville Town Council hereby: 1. Adopts the FY 2020/21 Operating Budget as recommended; 2. Appropriates Town Revenues, Fund Balances and Special Revenues totaling $30,978,161 for 2020/21 Operating Expenditures; 3. Sets the FY 2020/21 Appropriation Limit at $43,684,464; 4. Directs the Town staff to publish the FY 2020/21 Operating Budget; and 5. Directs the Town Manager to implement the FY 2020/21 Operating Budget. APPROVED by the Danville Town Council at a regular meeting on June 16, 2020, by the following vote: AYES: Arnerich, Blackwell, Morgan, Stepper, Storer NOES: None ABSTAINED: None ABSENT: None DocuSigned by: tAOF8AE9P O 4FC MAYOR APPROVED AS TO FORM: ATTEST: ,—DocuSigneed by:c. R A. GW+4 ‘.-895C6C40ADBF4BF... ,—DocuSijned by: "-71735A3F04C942F... CITY ATTORNEY CITY CLERK PAGE 2 OF RESOLUTION NO. 35-2020