RESOLUTION NO. 2023-XXX
A RESOLUTION OF THE CITY COUN CIL OF THE CITY OF FULLERTON, CALIFORNIA, APPROVING AND ADOPTING THE CITY OF FULLERTON’S OPERATING BUDGET FOR FISCAL YEAR 2023-24 AND APPROPRIATING
THE FUNDS NECESSARY TO MEET THE EXPENDITURES SET FORTH
THEREIN
WHEREAS, the City Manager of the City of Fullerton, in conformity with Section 2.09.150 of the Fullerton Municipal Code, has submitted to the Fullerton City Council (City Council) a Proposed Operating Budget (Proposed Budget) for all City Funds, including the General Fund, Water and Sewer Enterprise Funds, All Other Funds, and the Capital Improvement Program (CIP) in the total amount of $257,855,874 for Fiscal Year (FY) 2023-24; and
WHEREAS, the General Fund is the City’s chief operating fund that provides traditional municipal services to the community, such as public safety, public works, community and economic development, and parks and recreation and library programming to name a few; and
WHEREAS, it is the City’s General Fund reserve policy to maintain a minimum General Fund balance of 10% of annual General Fund expenditures and shall strive to increase its reserve level to 17% (approximately two months of expenditures); and
WHEREAS, the Proposed General Fund Operating Budget, excluding transfers out, submitted herein will total $120,884,437 for FY 2023-24 and the City is projected to meet its 17% reserves target for FY 2023-24; and
WHEREAS, the City Council held a Budget Study Session on April 18, 2023 to receive an initial review of the Proposed General Fund Budget for FY 2023-24 and planned capital projects budget in the Proposed Capital Improvement Program for FY 2023-24, to provide input and direction on the Proposed Budget; and
WHEREAS, at the Budget Study Session, a Five-Year Financial Forecast was presented which highlighted the City’s fiscal position over a near term multi-year period, in which the City is projected to meet its 17% General Fund reserve target in FY 2023-24 and FY 2024-25; and also presented a plan to set aside $5.5 million over three (3) fiscal years beginning in FY 2022-23 to meet future Measure M2 maintenance of effort matching requirements; and
WHEREAS, the City Council has considered said Proposed Budget, which herein incorporates additional City Council directi on and proposed amendments provided at the Study Session and subsequent meetings, and held a public hearing on June 6, 2023, relative to its formal budget adoption for FY 2023-24; and
WHEREAS, such public hearing was duly noticed, held at a regular City Council meeting, and included public input from its residents, the business community and other interested parties.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FULLERTON AS FOLLOWS:
Section 1. Citywide Budget. The City of Fullerton’s Operating Budget for All City Funds including the General Fund, Water and Sewer Enterprise Funds and All Other Funds, and the Capital Improvement Program for FY 2023-24 is hereby approved and adopted in the amount of $257,855,874 and will be supported by $257,855,874 in citywide revenues and available fund balances, as presented in the FY 2023-24 Proposed Operating Budget document hereto attached as Exhibit A.
Section 2. General Fund. The Operating Budget for the City of Fullerton’s General Fund for FY 2023-24 is hereby approved and adopted in the amount of $120,884,437 in operating expenditures and $4,174,587 in transfers out for a total General Fund Budget of $125,059,024; and will be balanced with $120,671,857 in operating revenues and $7,150,000 of transfers in for a total General Fund revenue budget of $127,821,857, as presented in the FY 2023-24 Proposed Operating Budget document hereto attached as Exhibit A.
Section 3. Assigned Fund Balance for Measure M2 Maintenance of Effort. Authorize the City Manager, or designee, to assign General Fund fund balance as presented below to meet future Measure M2 maintenance of effort matching funding levels:
a. FY 2022-23 - $3,000,000
b. FY 2023-24 - $2,000,000
c. FY 2024-25 - $ 500,000
Section 4. Vehicle Replacement Fund Vehicles’ List. The Citywide Operating Budget for FY 2023-24 includes the City’s annual Vehicle Replacement Program and hereby authorizes the City Manager, or designee, to purchase all vehicles hereto attached as Exhibit B, utilizing appropriate purchasing procedures and methods (i.e., open market, formal bidding) pursuant to the City’s procurement policies and codes.
Section 5. Capital Projects. The Capital Improvement Program Budget for FY 2023-24 is hereby approved and adopted in the amount of $41,419,550 as presented in the FY 2023-24 Proposed Operating Budget document attached hereto as Exhibit A.
Section 6. The Citywide Operating Budget adopted for FY 2023-24 shall be considered amended upon the close of FY 2022-23 to carry forward and re-appropriate: identified budget savings considered in the Proposed Budget to be re-purposed for the new fiscal year, and any outstanding encumbrances on open purchase orders, existing agreements or contracts that have not exceeded adopted budget levels.
Section 7. The Citywide Operating Budget adopted for FY 2023-24 shall be considered amended upon the close of FY 2022-23 to carry forward and re-appropriate funds for any awarded grants that have not been initiated and/or not completed, and/or reimbursable grant revenues that have not been received.
Section 8. The Capital Improvement Program budget adopted for FY 2023-24 shall be considered amended upon the close of FY 2022-23 to carry forward and re-appropriate funds for all previously approved capital improvement projects that have not been initiated and/or not completed.
Section 9. This Resolution shall become effective at the start of the new fiscal year, July 1, 2023 for Fiscal Year 2023-24.
Section 10. The City Clerk shall certify to the adoption of this Resolution.
ADOPTED BY THE FULLERTON CITY COUNCIL ON JUNE 6, 2023.
______________________________________
Fred Jung, Mayor
ATTEST:
________________________________
Lucinda Williams, City Clerk
APPROVAL AS TO FORM:
_________________________
Richard D. Jones, City Attorney
EXH
IBIT A
(FY 2023-24 Budget Book is
included as Attachment 3)
EXHIBIT B
ADJ DEFERRED REPL DEFERRED
PROGRAM UNIT YEAR MAKE MODEL LIFE EXP LIFE EXP YEARS DATE REPL DATE
FIRE DEPARTMENT
1 2224 120D 2007 CHEV SUBURBAN 7 17 (10) 2014 2024 66,314$ 120,000$ 2 2224 928B 2004 ONAN GEN 275 KW 17 20 (3) 2021 2024 21,609$ 40,200$ 3 2224 363B 2003 PIERCE DASH 15 20 (5) 2018 2023 462,559$ 775,000$ FIRE SUBTOTAL 935,200$
POLICE DEPARTMENT
4 2275 885B 2016 TOYOTA SIENNA 5 7 (2) 2021 2023 34,132$ 37,960$ 5 2276 895B 2017 HYUNDAI SANTA FE 7 7 0 2024 2024 34,321$ 42,210$ 6 2277 810B 2019 DODGE CHARGER 3 5 (2) 2022 2024 36,697$ 42,540$ 7 2277 813A 2017 FORD EXPLORER 3 5 (2) 2020 2022 37,978$ 48,110$ 8 2277 815C 2020 DODGE DURANGO 3 4 (1) 2023 2024 45,390$ 51,090$ 9 2277 818C 2016 FORD EXPLORER 3 6 (3) 2019 2022 38,996$ 50,880$ 10 2277 819A 2016 FORD EXPLORER 3 6 (3) 2019 2022 38,996$ 50,880$ 11 2277 820A 2016 FORD EXPLORER 3 6 (3) 2019 2022 38,996$ 50,880$ 12 2277 823A 2017 FORD EXPLORER 3 5 (2) 2020 2022 36,898$ 46,740$ 13 2278 408B 2018 HONDA ST1300A4 3 6 (3) 2021 2024 30,285$ 36,160$ POLICE SUBTOTAL 457,450$
PARKS & RECREATION
14 2516 229D 2009 FORD F-150 10 15 (5) 2019 2024 20,325$ 31,670$ PARKS & RECREATION SUBTOTAL 31,670$
COM DEVELOPMENT
15 2319 162A 2008 FORD RANGER 10 16 (6) 2018 2024 17,249$ 27,680$ COMMUNITY & ECONOMIC DEVELOPMENT SUBTOTAL 27,680$
PUBLIC WORKS STREETS
16 2419 261C 2009 ISUZU TYMCO 7 15 (8) 2016 2024 110,285$ 171,820$ 17 2419 760B 2003 TRIPLE L UT610 10 21 (11) 2013 2024 9,868$ 18,360$ 18 2419 565C 1999 FREIGHT LINER 17 25 (8) 2016 2024 80,557$ 168,670$ 19 2419 611B 1999 J DEERE 544H 22 25 (3) 2021 2024 109,581$ 229,440$ PUBLIC WORKS STREETS SUBTOTAL 588,290$
PUBLIC WORKS WATER
20 2425 569A 2006 CHEV P-2500 10 18 (8) 2016 2024 23,679$ 40,310$ 21 2425 603B 2000 CAT 416C 14 24 (10) 2014 2024 66,258$ 134,690$ 22 2425 798B 2001 ZIEMAN 2725-A-SPL 17 23 (6) 2018 2024 18,957$ 37,410$ 23 2426 266B 2007 FORD RANGER 10 17 (7) 2017 2024 15,509$ 25,630$ 24 2426 945A 1995 ONAN GEN 100K 22 29 (7) 2017 2024 31,050$ 73,170$ 25 2428 311D 2014 CHRYSLER JEEP 10 10 0 2024 2024 33,612$ 45,170$ 26 2428 312A 2014 CHRYSLER JEEP 10 10 0 2024 2024 33,612$ 45,170$ 27 2428 314B 2014 CHRYSLER JEEP 10 10 0 2024 2024 33,612$ 45,170$ PUBLIC WORKS WATER OP. SUBTOTAL 446,720$
CITY OF FULLERTON
PUBLIC WORKS DEPARTMENT - VEHICLE REPLACEMENT PROGRAM
FY2023-24 REPLACEMENT SCHEDULE
PURCHASE
COST
REPLACEMENT
COST
EXHIBIT B - PAGE 1
ADJ DEFERRED REPL DEFERRED
PROGRAM UNIT YEAR MAKE MODEL LIFE EXP LIFE EXP YEARS DATE REPL DATE
CITY OF FULLERTON
PUBLIC WORKS DEPARTMENT - VEHICLE REPLACEMENT PROGRAM
FY2023-24 REPLACEMENT SCHEDULE
PURCHASE
COST
REPLACEMENT
COST
PUBLIC WORKS LANDSCAPE
28 2423 209D 2009 FORD F-350 12 15 (3) 2021 2024 33,984$ 52,950$ 29 2423 708A 2004 AGRIMENTA TV5000 10 20 (10) 2014 2024 17,942$ 32,410$ 30 2423 721A 2009 KLOPPING PTO-60 10 15 (5) 2019 2024 10,200$ 15,890$ 31 2423 763B 2004 MILLERBILT TRAILER 12 20 (8) 2016 2024 5,633$ 10,170 32 2423 766A 2004 MILLERBILT TRAILER 12 20 (8) 2016 2024 5,633.00$ 10,170$ 33 2423 786A 2004 SDI SPRAYER 10 20 (10) 2014 2024 10,700 19,330$ PUBLIC WORKS LANDSCAPE/TREE SUBTOTAL 140,920$
PUBLIC WORKS EQUIPMENT
34 2416 155B 2009 FORD FUSION 9 15 (6) 2018 2024 28,000$ 43,620$ PUBLIC WORKS EQUIPMENT 43,620$
PUBLIC WORKS BUILDING
35 2413 503C 2008 FORD F-250 10 16 (6) 2018 2024 28,341$ 45,480$ 36 2413 547A 2005 FORD F-350 10 19 (9) 2015 2024 29,814$ 52,280$ 37 2413 544C 2008 FORD F-250 10 16 (6) 2018 2024 31,083$ 49,880$ PUBLIC WORKS BUILDING SUBTOTAL 147,640$
PUBLIC WORKS AIRPORT
38 2331 601B 1999 JOHN DEER JD-5210 17 25 (8) 2016 2024 17,050$ 35,700$ AIRPORT SUBTOTAL 35,700$
Total 38 Vehicles Total Vehicle Purchase Cost 2,854,890$ Principal & Interest Payment for Two (2) 2014 Fire Pumpers -$ Admin. Indirect Cost -$
TOTAL 64417 EXPENDITURE 2,854,890$
FY 2023-24 ISF Revenue for Vehicles 3,074,744$
Interest Income 80,000$
Fund 64 Balance (299,854)$
TOTAL REVENUE 2,854,890$
*Listed vehicles are due for replacement next fiscal year. Supply chain, availability, and need of vehicles will determine actual fiscal year purchases.
EXHIBIT B - PAGE 2