RESOLUTION NO. 2023-38
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
PATTERSON, CALIFORNIA, ADOPTING THE GENERAL FUND
AND ALL OTHER FUNDS BUDGET AND APPROPRIATIONS
LIMIT FOR FISCAL YEAR 2023-2024
WHEREAS, on June 13, 2023 the City Manager, Finance Director and City Staff submitted and presented to the Patterson City Council the proposed General Fund and All Other Funds Budget for Fiscal Year 2023-2024 commencing on July 1, 2023; and
WHEREAS, on today, June 20, 2023 the City Manager and City Staff brought back the General Fund Budget and All Other Funds for Fiscal Year 2023- 2024 for further review and discussion; and
WHEREAS, annually, the City of Patterson is required to prepare a statement of appropriations limit in compliance with Section XIIIB of the California Constitution and Section 7910 of the California Government Code; and WHEREAS, new price and population factors have been established for determining the City’s appropriation limit.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Patterson approves as follows:
1. The budgeted expenditure appropriations for the General Fund and all Other Funds are hereby adopted as the final budget for Fiscal Year 2023-2024 in the amount of $126,889,721, plus any items Council approves to be included in a Budget Errata at the time of adoption.
2. Actual carryover budget amounts for Capital Improvement Projects revenue and unspent appropriation from 2022/2023 shall be recalculated and updated to reflect balances as of June 30, 2023 and are hereby incorporated as part of the 2023/24 approved budget.
3. Grant Funds received and appropriated and unspent appropriation actual carryover budget amounts from 2022/23 shall be recalculated and updated to reflect balances as of June 30, 2023 and hereby incorporated as part of the 2023/24 approved budget
4. The City Council hereby authorizes the Finance Director to advance from Pooled Cash funds to cover expenditures, for which revenues will be received at a later date.
5. Estimated carryover balances as of June 30, 2023 shall be recalculated when actuals are determined and appropriations from estimated carryover balances will be updated to reflect actual amounts.
6. This resolution shall be effective immediately upon adoption but shall be operative as of July 1, 2023.
7. The City Manager or City Manager's designee is authorized to make transfers of budget appropriations between classifications and activities within a fund to purchase such items and services needed to accomplish those purposes set forth in the Budget document and to insure the efficient and effective administration of City services.
8. State Law requires that an Appropriations Limit be adopted annually by the City Council. Article XIII 8 of the California constitution which places certain restrictions on appropriations made by local governments and restrictions are applicable to appropriations that met the definition of "Proceeds of Taxes". The law allows the option to select the factors to be used to calculate the Annual Appropriations Limit. For one of the factors the City must select between: (A) the change in the State per capita income; or (8) the change in the assessed valuation of local nonresidential construction, and the City has selected the change in the State per capita income. The appropriations subject to limitation in Fiscal Year 2023-24 shall be as set forth on and as calculated on Exhibit "A" and Exhibit “B”attached hereto and made a part hereof with the following conditions for the calculation:
a. The calculated appropriation limit for fiscal year 2023-2024 is $72,432,022. The total appropriations subject to limitation is $21,907,592.
b. The price factor used is the percentage change in California per capita personal income over the prior year, or 4.44%;
c. the population factor used is the percentage change in the County of Stanislaus population over the prior year, or -0.51 %.
PASSED, APPROVED AND ADOPTED this 27
th day of June 2023, by
the City Council of the City of Patterson in the State of California by the following roll call vote:
AYES:
NOES:
EXCUSED:
APPROVED:
____________________________________
Michael Clauzel,
Mayor of the City of Patterson
ATTEST:
__________________________________
Aracely Alegre
City Clerk of the City of Patterson
I hereby certify that the foregoing is a full, correct and true copy of a resolution passed by the City Council of the City of Patterson, a Municipal Corporation of the County of Stanislaus, State of California, held on the 27
th day of June 2022, and I further certify that said resolution is in full force and effect and has never been rescinded or modified.
DATED:
______________________________________
City Clerk of the City of Patterson