Res 17-028RESOLUTION NO 17-028
A RESOLUTION OF THE CITY COUNCIL, HOUSING
AUTHORITY AND SUCCESSOR AGENCY TO THE
POWAY REDEVELOPMENT AGENCY OF THE CITY OF
POWAY CALIFORNIA, APPROVING AND ADOPTING THE
ANNUAL BUDGET FOR THE FISCAL YEAR 2017-18 AND
APPROPRIATING THE FUNDS NECESSARY TO MEET
THE EXPENDITURE SET FORTH THEREIN
ADOPTION OF ANNUAL BUDGET
WHEREAS the City Manager of the City of Poway has submitted to the City
Council of the City of Poway a Fiscal Year 2017-18 Financial Program consisting of•
• An Operating Budget in the amount of $82,450 710
• A Capital Improvement Program Budget of $7 803,274
• A Multi -Year Project/Program Budget of $572,676
• Bond and Debt Redemption of $1 800 790
• Loan/Transfer activity of $669,590
• Estimated General Fund operating revenues of $44 767 450 and other
sources of $753 380
• Proposed General Fund operating expenditures of $43,229 937 other
uses of $1 507 620 and capital improvement and program expenditures
of $173 500•
WHEREAS the City Council of the City of Poway has heretofore considered said
budget and fixed the date of June 20 2017 as the date for holding public hearings
relative to its adoption, and
WHEREAS following duly given notice the City Council of the City of Poway did
hold such public hearing, receiving, considering and evaluating all public comments
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Poway
as follows.
Section 1. The City Manager's proposed 2017-18 Budget for general and special
City purposes is approved and adopted in the amount of $84,256 500 for expenditures,
$8 375 950 for capital project and program expenditures; $230 990 for net City loans
and transfers $438,600 for Successor Agency transfers; and $90 616 090 in revenues.
Section 2: The monies necessary to offset the expenses incurred as detailed in
the 2014-15 budget document, as adopted by the City Council for the City of Poway
pursuant to Section 2 hereof are authorized by this section to be appropriated out of the
funds available to the City during the 2017-18 Fiscal Year
Resolution No 17-028
Page 2
Section 3. The City Manager is authorized to make such changes in department
operating, program and capital improvement budget totals during the 2017-2018 Fiscal
Year as may be, from time to time, deemed desirable and necessary in order to meet
the City's needs.
Section 4. The City Manager is authorized to reappropriate prior year's
unexpended encumbered funds as of June 30 2017 for work in progress
Section 5. The Capital Improvement Projects of the City of Poway are in
conformance with the City of Poway Comprehensive Plan as governed by Section
65402 of the California Government Code
II. APPROPRIATIONS OF FUND BALANCES
WHEREAS it has been determined that appropriating unappropriated reserve
monies in various funds in a manner corresponding to the operational mode of the City
is reasonable and proper and
WHEREAS funds established and monies appropriated shall not be considered
as restricted totally in their availability and use and amounts may be adjusted between
funds as necessary to serve the future needs of the City of Poway
NOW THEREFORE, the City Council of the City of Poway does hereby direct
that any unappropriated balance in the General Fund as of June 30 2017 shall be
automatically appropriated into the Contingency Fund therein;
That any unappropriated balance in the Water Fund as of June 30 2017 shall be
automatically appropriated into the Contingency Fund therein, and
That any unappropriated balance in the Sewer Fund as of June 30 2017 shall
be automatically appropriated into the Contingency Fund therein.
III. COLLECTION AND EXPENDITURE OF DEVELOPER DEPOSITS
WHEREAS deposits will be accepted in the Developer Deposit Fund (Fund 761)
during the fiscal year based upon the levels of development activity- and
WHEREAS the City is responsible for administering these deposits, including
collection and disbursement of funds as necessary to pay for development services.
NOW THEREFORE, be it resolved that the City Council hereby authorizes
expenditures of developer deposit funds on hand on July 1 2017 together with any
funds collected during fiscal year 2017-18
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IV. CAPITAL IMPROVEMENT PROGRAM APPROPRIATIONS
WHEREAS the financial plan provides for the appropriation of monies for Capital
Improvement Projects; and
WHEREAS these projects may span multiple fiscal years.
NOW THEREFORE, the City Council hereby authorizes a continuing
appropriation for the balances remaining in Capital Improvement Projects active as of
June 30 2017 and directs that the authorized appropriation shall be brought forward to
be used in the fiscal year 2017-18 Capital Improvement Project program or until the
completion of these projects.
V. COLLECTION AND EXPENDITURE OF BUILDING INSPECTION FEES
WHEREAS fees collected by the City for building inspection services offset the
City's contractual expenditures to provide inspection services.
NOW THEREFORE, be it resolved that the City Council hereby authorizes the
expenditure of all such fees collected during Fiscal Year 2017-18, at the discretion of
the City Manager provided that these fees be spent for the provision of said contractual
building inspection services.
VI. COLLECTION AND EXPENDITURE OF DONATIONS TO TRUST FUND
WHEREAS donations are accepted by the City for deposit to donor specified
City Trust Funds for the purpose of supporting associated programs.
NOW THEREFORE, be it resolved that the City Council hereby authorizes the
expenditure of all such revenues collected during Fiscal Year 2017-18 at the discretion
of the City Manager provided that these expenditures be spent in accordance with the
purposes of the individual Trust Funds.
PASSED ADOPTED AND APPROVED by the City Council of the City of
Poway California, at a regular meeting thereof this 20th day of June 2017
Steve Vaus, Mayor
ATTEST
Nahcy,NeUfeld CMC City Clerk
Resolution No 17-028
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STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO)
I Nancy Neufeld City Clerk of the City of Poway California, do hereby certify
under penalty of perjury that the foregoing Resolution No 17-028 was duly adopted by
the City Council at a meeting of said City Council held on the 20th day of June 2017
and that it was so adopted by the following vote -
AYES CUNNINGHAM GROSCH MULLIN LEONARD VAUS
NOES NONE
ABSENT NONE
DISQUALIFIED- NONE /
Nancy eufel8 CMC City Clerk
City of Poway