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Home My WebLink About12-07 • • 12-07 RESOLUTION No. A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS ADOPTING BUDGET CHANGES FOR FISCAL YEAR 2007 WHEREAS, the City Council of the Town of Los Altos Hills did, on June 12, 2006, approve and adopt the Operating and Capital Improvement Program Budgets for the Town of Los Altos Hills for fiscal year 2007; and WHEREAS, after reviewing the current budgeted revenues and expenditures for fiscal year 2007, adjustments to the budgets are recommended to more accurately reflect year- end projections; NOW THEREFORE, the City Council of the Town of Los Altos Hills does hereby resolve as follows: 1. The City Council does hereby approve and adopt the Operating and Capital Improvement Program Budget Adjustments for the Town for fiscal year 2007 consisting of changes to the revenues and appropriations as set forth in Exhibit A attached hereto. 2. The City Manager is hereby authorized to prepare the amendment to the Town's operating and capital improvement budgets to reflect these changes. 3. A copy of Amended Operating and Capital Improvement Program Budgets shall be kept on file with the City Clerk of the Town of Los Altos Hills, as the official Operating Budget of the Town of Los Altos Hills for fiscal year 2007. REGULARLY PASSED AND ADO ' ' P t is 22' day o 007. ATTEST: _ City Clerk • • Town of Los Altos Hills Exhibit A Operating and Capital Improvement Budget Adjustments Fiscal Year 2007 Revenue Expenditure Net incr/ adjustments adjustments (decr)in Account Object incr/(decr) incr/(decr) Fund Balance GENERAL FUND REVENUE ADJUSTMENTS Secured property taxes 110000 4010 276,946 SB 813 Secured supplemental 110000 4011 (26,000) SB 2557 Property tax administration fee 110000 4012 (3,517) AB 454 Unitary tax 110000 4013 (120) In-lieu VLF 110000 4014 (3,968) Unsecured property taxes 110000 4020 6,000 Homeowners'property tax relief 110000 4060 2,500 Electrical permits 110000 4302 10,000 Heating permits 110000 4303 7,000 Plumbing permits 110000 4304 (18,000) Plan retention fees 110000 4311 5,000 Other rental income 110000 4429 10,000 Vehicle code fines 110000 4512 8,000 Abondoned vehicles recovery 110000 4580 500 Final map fees 110000 4607 1,500 Engineer charges-consultants 110000 4705 35,000 Geologist charges-consultants 110000 4707 10,000 Other pass-through charges 110000 4709 2,000 Donations 110000 4809 13,000 Miscellaneous revenue 110000 4810 15,000 EXPENDITURE ADJUSTMENTS CITY COUNCIL Benefits 111100 6098 27,108 Other program/project consultant 111100 6109 2,600 Office supplies 111100 6201 (1,100) Travel and meetings 111100 6308 (2,500) CITY MANAGER Books/films/publications 111200 6212 (1,000) Town center allocation 111200 1545 1,545 CITY CLERK Election expense 111300 6352 (16,000) Town center allocation 111300 6701 1,267 ADMINISTRATIVE SERVICES - Audit and financial 111400 6103 (2,000) Bank fees 111400 6331 1,350 Other general expense 111400 6399 1,000 Town center allocation 111400 6701 1,963 CITY ATTORNEY Legal-City Attomey 111500 6101 (60,000) INSURANCE Insurance 111510 6301 1,000 TOWN COMMITTEES Public Education 111725 6399 (20,000) Ad Hoc Committee on District Reorganization 111726 6399 22,700 PLANNING DEPARTMENT ADMINISTRATION Office supplies 113100 6201 700 Printing and copying 113100 6204 2,900 Other supplies and materials 113100 6299 300 City membership 113100 6302 500 Town center allocation 113100 6701 5,621 Vehicle and equipment allocation 113100 6703 760 DEVELOPMENT REVIEW Contract personnel 113120 6111 1,500 1 • • Town of Los Altos Hills Exhibit A Operating and Capital Improvement Budget Adjustments Fiscal Year 2007 Revenue Expenditure Net incr/ adjustments adjustments (decr)in Account I Object incr/(decr) incr/(decr) Fund Balance Contract services-billable 113120 6175 2,000 Planner services-billable 113120 6176 (30,000) Geologist services-billable 113120 6178 10,000 BUILDING DEPARTMENT ADMINISTRATION Office supplies 113200 6201 100 Town center allocation 113200 6701 3,540 Vehicle and equipment allocation 113200 6703 760 PERMIT REVIEW AND INSPECTION Contract plan checks 113210 6114 5,000 ENGINEERING ADMINISTRATION Engineering charges-billable 113300 6179 35,000 Town center allocation 113300 6701 2,443 Vehicle and equipment allocation 113300 6703 760 GRAFFITI ABATEMENT Other supplies/materials 114650 6299 (600) Town center allocation 114650 6701 2 TOTAL REVENUES/EXPENDITURES 350,842 (781) INTERFUND TRANSFERS From Solid Waste Fund 110000 5006 7,442 From Sewer Fund 110000 5009 17,101 To Parks&Recreation Fund-Programs 110000 7004 30,681 To Parks&Recreation Fund-Facilities 110000 7004 (2,451) To Storm Drain Fund 110000 7007 (23,248) To Street Fund 110000 7002 19,244 To Storm Drain CIP Fund 110000 7005 34,732 TOTAL INTERFUND TRANSFERS 24,543 58,958 TOTALS 375,385 58,177 317,208 PARKS AND RECREATION PROGRAMS EXPENDITURE ADJUSTMENTS Contract personnel 141XXX 6111 3,500 Office supplies 141XXX 6201 850 Printing and copying 141XXX 6204 2,500 Travel and meetings 141XXX 6308 450 Other general expense 141XXX 6399 4,620 Town center allocation 141XXX 6701 1,033 Vehicle equipment operations 141XXX 6703 190 Corporation yard allocation 141XXX 6705 1,025 TOTAL REVENUES/EXPENDITURES - 14,168 INTERFUND TRANSFERS From General Fund 140000 5001 30,681 TOTALS 30,681 14,168 16,513 PARKS AND RECREATION FACILITIES EXPENDITURE ADJUSTMENTS Playing fields-Town center allocation 115100 6701 273 Riding Ring maintenance and repair 151110 6118 (3,000) Westwind Barn-Town center allocation 151200 6701 240 2 • • Town of Los Altos Hills Exhibit A Operating and Capital Improvement Budget Adjustments Fiscal Year 2007 Revenue Expenditure Net incr/ adjustments adjustments (decr)in Account I Object incr/(decr) incr/(decr) Fund Balance INTERFUND TRANSFERS From General Fund 150000 5001 (2,451) TOTALS (2,451) (2,487) 36 STORM DRAIN FUND REVENUE ADJUSTMENTS In-lieu fees 120000 4661 19,600 EXPENDITURE ADJUSTMENTS Storm drain maintenance 124500 6142 19,500 Other contract services 124500 6199 4,500 Town center allocation 124500 6701 1,666 Vehicle equipment operations 124500 6703 1,140 Corporation yard allocation 124500 6705 5,125 TOTAL REVENUES/EXPENDITURES 19,600 31,931 INTERFUND TRANSFERS From General Fund 120000 5001 (23,248) TOTALS (3,648) 31,931 (35,579) PATHWAY IN-LIEU FEES REVENUE ADJUSTMENTS Interest earnings 130000 4401 5,000 Pathway in-lieu fees 130000 4663 (35,000) EXPENDITURE ADJUSTMENTS Tree maintenance 134740 6124 12,500 Town center allocation 134740 6701 1,779 Vehicle equipment operations 134740 6703 2,185 Corporation yard allocation 134740 6705 5,125 TOTAL REVENUES/EXPENDITURES (30,000) 21,589 (51,589) PARKS AND RECREATION IN-LIEU FEES REVENUE ADJUSTMENTS Interest earnings 160000 4401 1,000 Park in-lieu fees 160000 4662 27,856 TOTAL REVENUES/EXPENDITURES 28,856 - 28,856 STREET FUND REVENUE ADJUSTMENTS Encroachment and permits 170000 4309 17,000 EXPENDITURE ADJUSTMENTS Signs 174600 6241 3,000 Other supplies/materials 174600 6299 800 Town center allocation 174600 6701 1,569 Vehicle equipment operations 174600 6703 2,185 3 • • Town of Los Altos Hills Exhibit A Operating and Capital Improvement Budget Adjustments Fiscal Year 2007 Revenue Expenditure Net incr/ adjustments adjustments (decr)in Account Object incr/(decr) incr/(decr) Fund Balance Corporation yard allocation 174600 6705 5,125 TOTAL REVENUES/EXPENDITURES 17,000 12,679 INTERFUND TRANSFERS From General Fund 170000 5001 19,244 TOTALS 36,244 12,679 23,565 ROADWAY IMPACT FEES REVENUE ADJUSTMENTS Interest earnings 180000 4401 (1,000) TOTALS (1,000) - (1,000) CITIZENS'OPTION FOR PUBLIC SAFETY EXPENDITURE ADJUSTMENTS Office supplies 212100 6201 1,400 Non-capital equipment 212100 6502 1,000 Vehicles 212100 6516 (3,887) Building and building improvements 21210 6523 7,502 TOTALS - 6,015 (6,015) CALIFORNIA LAW ENFORCEMENT EQUIPMENT PROGRAM REVENUE ADJUSTMENTS Interest earnings 220000 4401 200 TOTALS 200 - 200 GENERAL CIP FUND EXPENDITURE ADJUSTMENTS Riding ring improvements 417006 6522 6,638 Undergrounding project 491000 6106 1,000 TOTALS - 7,638 (7,638) STORM DRAIN CIP FUND INTERFUND TRANSFERS From General Fund 450000 5001 34,732 TOTALS 34,732 - 34,732 SEWER FUND REVENUE ADJUSTMENTS Los Altos connection fees 510000 4668 30,860 Palo Alto connection fees 510000 4669 28,800 EXPENDITURE ADJUSTMENTS Legal-City Y Attome 514800 6101 6,000 Engineering consultants 514800 6106 13,000 4 • S Town of Los Altos Hills Exhibit A Operating and Capital Improvement Budget Adjustments Fiscal Year 2007 Revenue Expenditure Net finer/ adjustments adjustments (decr)in Account I Object incr/(decr) incr/(decr) Fund Balance Town center allocation 514800 6701 1,885 Vehicle equipment operations 514800 6703 950 Corporation yard allocation 514800 6705 3,075 TOTAL REVENUES/EXPENDITURES 59,660 24,910 INTERFUND TRANSFERS To General Fund 510000 7001 17,101 TOTALS 59,660 42,011 17,649 SOLID WASTE FUND REVENUE ADJUSTMENTS Sale of recyclable materials 520000 4877 4,000 EXPENDITURE ADJUSTMENTS Town center allocation 524700 6701 1,165 Vehicle equipment operations 524700 6703 570 Corporation yard allocation 524700 6705 1,025 TOTAL REVENUES/EXPENDITURES 4,000 2,760 INTERFUND TRANSFERS To General Fund 520000 7001 7,442 TOTALS 4,000 10,202 (6,202) INTERNAL SERVICE FUND REVENUE ADJUSTMENTS Allocations to operating departments Town center 611480 4901 25,992 Public works operations 614300 4905 20,500 Vehicle equipment operations 614400 4903 9,500 EXPENDITURE ADJUSTMENTS Programming and computer 611480 6108 4,492 Contract personnel 611480 6111 (10,000) Equipment maintenance/repair 611480 6117 5,000 Lawncare/landscaping 611480 6122 2,000 Printing/copying 611480 6204 1,500 Telephone 611480 6311 23,000 Office machine/furniture 611490 6512 5,000 Capitalized assets 611490 6601 (5,000) Contract personnel 614300 6111 20,000 Minor tools 614300 6202 500 Minor tools 614400 6202 900 Other supplies/materials 614400 6299 100 Vehicle repair 614400 6318 8,500 TOTALS 55,992 55,992 5