RESOLUTION NO. ________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PACIFICA ADOPTING THE FISCAL YEAR 2022-2023 ANNUAL OPERATING AND CAPITAL BUDGET WHEREAS, the City Council reviewed and adopted the second-year budget of the biennial Fiscal Year 2020-21 Operating and Capital Budget on June 22, 2020; and WHEREAS, the City Council of the City of Pacifica has held public budget study sessions on April 11, 2022, May 23, 2022, and June 13, 2022, and a public hearing on June 27, 2022, for consideration of adoption of the Recommended FY 2022-23 Operating and Capital Budget; and
WHEREAS, the recommended budget was prepared in accordance with governmental accounting standards and the financial policies of the City; and WHEREAS, the recommended budget is a balanced expenditure plan that ensures the maintenance of adequate reserves during FY 2022-23; and WHEREAS, the City of Pacifica now desires to adopt the 2022-23 Fiscal Year Appropriations Limit and Operating and Capital Improvement Program Budget for FY 2022-23;
WHEREAS, Sections 65400, 654001, and 65403 of the State Planning and Zoning Code require the Planning Commission to review Public Works capital projects for the next fiscal year to determine conformity with the adopted General Plan. The Planning Commission reviewed and approved the Capital Improvement Project Budget on June 6, 2022;
WHEREAS, expenditures from the Roy Davies Trust Fund are required to be approved by a 4/5 vote of the City Council, and the 2022-23 Roy Davies Trust Fund expenditures are part of the 2022-23 Capital Budget, and NOW, THEREFORE, THE CITY COUNCIL HEREBY RESOLVES:
The City Council of the City of Pacifica hereby approves the FY 2022-23 budget with the citywide revenues and expenditures as follows:
Section 1. The All Funds Budget Summary, included in the City’s Operating Budget for Fiscal GENERAL FUND $ 47,275,263 $ 47,272,227 $ 3,036
ENTERPRISE FUNDS
18/34 Sewer Operating/Capital $ 18,674,000 $ 27,809,292 $ (9,135,292) 35 Beach Parking Fund $ 665,000 $ 493,417 $ 171,583
Total Enterprise Funds $ 19,339,000 $ 28,302,709 $ (8,963,709)
SPECIAL REVENUE FUNDS
07 SLES Fund $ 130,000 $ 127,700 $ 2,300
09 Street Construction Fund $ 4,805,519 $ 4,050,564 $ 754,955 10 Gas Tax Maintenance Fund* $ 2,153,390 $ 1,756,774 $ 396,616 12 Highway 1 Improvement Fund $ 29,500 $ 60,452 $ (30,952) 14 Manor Drive Improvement Fund $ 2,700,000 $ 3,000,000 $ (300,000) 15 Aircraft Noise Project $ - $ - $ -
16 NPDES Stormwater Fund $ 258,000 $ 270,981 $ (12,981) 19 Planned Local Drainage Fund $ 477,000 $ 102,000 $ 375,000 22 General Capital Improvement Fund $ 3,856,000 $ 5,064,000 $ (1,208,000) 23 Frontierland Remediation $ 75,000 $ - $ 75,000
24 Housing In-Lieu Fund $ - $ - $ -
25 Parking In-Lieu Fund $ - $ 102,000 $ (102,000)
26 Park In-Lieu Capital Improvement $ 120,000 $ 320,000 $ (200,000) 27 PB&R Roy Davies Trust $ 300,000 $ 1,505,200 $ (1,205,200) 28 PB&R Special Revenue Fund $ - $ 86,182 $ (86,182)
31 Pacifica Library Fund $ 34,000 $ 34,000 $ -
38 Disaster Accounting Fund $ 3,928,498 $ 2,101,000 $ 1,827,498 Total Special Revenue and Capital Funds $ 18,866,907 $ 18,580,853 $ 286,054
INTERNAL SERVICE FUNDS
08 Fire Equipment Fund $ 133,300 $ - $ 133,300
65 Self Funded Dental Plan $ 248,500 $ 177,500 $ 71,000 66 Self-Insurance Fund W/C $ 1,100,000 $ 1,100,000 $ -
67 Self-Insurance Fund Liability $ 550,000 $ 544,206 $ 5,794 71 Motor Pool Operations Fund $ 1,200,000 $ 1,177,123 $ 22,877 72 Motor Pool Replacement Fund $ 125,000 $ 25,000 $ 100,000 Total Internal Service Funds $ 3,356,800 $ 3,023,829 $ 332,971
DEBT SERVICE FUNDS
40 Debt Service Fund $ 2,900,800 $ 2,900,800 $ -
Total Debt Service Funds $ 2,900,800 $ 2,900,800 $ -
Total Other Funds $ 44,463,507 $ 52,808,191 $ (8,344,684) Total All Funds $ 91,738,770 $ 100,080,418 $ (8,341,648) Fund Name
Revenues &
Transfers In
Proposed Budget
Expenditures &
Transfers Out
Proposed Budget
Revenue Over
(Under)
Expenditures
Year 2022-2023, contains the expenditures (including transfers) to be appropriated in the sum of $100,080,418. The CIP allocation of $21.9 million, including the Capital Budget expenditures and expenditures from the Roy Davies Trust Fund of $1,205,000 are included. The citywide revenues (including transfers) are budgeted at $91,738,770.
A copy of the Operating and Capital budgets are on file with the City Clerk and are hereby adopted. The funds appropriated by this resolution are authorized to be expended as necessary and proper for municipal purposes.
Section 2. The City Manager shall be authorized to redistribute budgeted appropriations from one department to another, or one capital project to another. Such transfers shall be reported in writing to the City Council.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of Pacifica, California, held on the 27
th day of June 2022.
AYES, Councilmembers:
NOES, Councilmembers:
ABSENT, Councilmembers:
ABSTAIN, Councilmembers:
Mary Bier, Mayor
APPROVED AS TO FORM: ATTEST
Michelle Marchetta Kenyon Sarah Coffey
City Attorney City Clerk