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Home My WebLink AboutAPRIL 26,1980 (2) 1 ROLL CALL f: /1 (. I- 'J, J') -. 'hI P ~qp' \.0\ 1 25 :0007 MINUTES CITY COUNCIL OF THE CITY OF ARCADIA ADJOURNED REGULAR MEETING APRIL 26, 1980 The City Council of the City of Arcadia met in an adjourned regular session on Saturday April 26, 1980 at 8 a.m. in the Arcadia City Hall Conference Room. Purpose of this meeting was to review portions of the 1980-81 Budget. PRESENT: ABSENT : Councilmen Dring, Gilb, Haltom, Saelid, Pellegrino None Items covered at this session were as follows: FEDERAL REVENUE SHARING PROGRAM. This Program ends September 30, 1980, and reenactment is dependent on approval by Congress. If the City is entitled to funds under a new program the adoption of a budget for the period from October 1, 1980 to June 30, 1981 would follow new regula- tions. This Program must be audited. CAPITAL INPROVEMENT PROJECTS PROGRAM 1980-81 Indicating estimated funds available and revenues. This report also includes projects previously authorized but not yet started. COUNTY GAS TAX BUDGET 1980-81 Indicating revenue and the proposed use thereof. This is allocated to the City from County Aid to Cities funds for maintenance and construc- tion of approved Select System of Streets. PARKS AND RECREATION FACILITIES FUND BUDGET Estimated funds available and proposed projects. The Arcadia Municipal Code provides that Park and Recreational Facilities Fund shall be used for the acquisition, improvement or maintenance of public parks or play- grounds, or the equipment thereof. SEWER SYSTEM SERVICE FUND Estimated funds available and proposed use thereof. Ordinance 1640 levies a service charge on all residential and commercial properties that have a sewer connection. The charge i~ 50~ per month on residen- tial or residential units and $2 per month for other premises. Ordinance No. 1642 levies a charge on all residential and commercial properties receiving street sweeping service. The charge is computed on the lineal feet of street frontage and frequency of service. STATE GAS TAX FUND Estimated Funds and proposed projects along with projects previously budgeted but not commenced. The revenues of the Gas Tax Fund are derived from the City's share of State Gasoline Taxes allocated to the City pursuant to the California Streets and Highways Code. The proposed improvement projects are included in the 5-year Capital Program. WATER FUND FINANCIAL PROJECTION Revenues, Expenditures and Cumulative Fund Balances were indicated. Operating expenses do not include provision for a proposed 50% Edison rate increase. It is anticipated that a 20% water rate increase may -1- 4-26-80 25:0008 be needed in October of 1982. This increase would provide an esti- mated additional revenue of $l80,000 in 1982-83 and $300,000 in the following fiscal year. During this review the \Va ter Manager responded to questions, and noted specifically that the City has a surcharge ordinance but it has never been implemented. EQUIP~lliNT REPLACEMENT FUND - Estimated Funds Available reflected and equipment to be replaced. SELF FUNDED INSUfu\NCE RESERVE FUND - Premiums for liability and fire insurance are included in the General City Budget. Renewal date on general liability coverage is June l, 1980. RECESS 1 ARCADIA REDEVELOP~ffiNT AGENCY - Beginning balance indicated with es- timated revenues from property tax increments and contracts receiv- able - principal and interest, also rent. Expenditures with totals due Capital Outlay Fund Loan and total due General Funds from Agency Operations. A separate report reflected Loans Payable as of June 30, 1980, and total ARA due City Funds. PROPOSED BUDGETS BY FUNDS - Funds indicated --- Transfer from be- ginning balance, estimated revenues other than property tax and amount from property taxes. SU}lliARY OF PROPERTY TAX REVENUES - Estimated for 1979-80 and 1980-8l. Distribution of tax revenues by funds (General Fund and Debt Service.) (The estimated property taxes for the two fiscal years include State Assistance Funds (AB 8) in the amount of $458,000. ESTlllAtED REVENUES OTHER THAN PROPERTY TAXES - GENERAL FUND This was reviewed item by item. GENERAL FUND - Current estimate for end of the fiscal year. AVERAGE PAYOUTS EACH MONTH - informational data. Reflecting Payables out of all funds and the General Fund. Also salary and fringe bene- fits from all funds and the general fund. Projection of General Fund appropriations - based on annual increase of 8% for Personal Services, Supplies and Outlay Items. UTILITY TAX - this reflected estimated revenue through June 1980 both at the current 7% and at a 5%. During this deliberation the reduction from 7% to 5% "as dis cussed and it was felt that with the figures sub- mitted at this meeting and at subsequent sessions and the impact of Proposition 9 if it passes, the City Council will be in a better posi- tion to take action if it so desires. PROPOSITION 9 - STATE INCOME TAX REDUCTION INITIATIVE Revenue Source - indicating the estimated cut-back in the General Fund if the measure passes June 3. 1 Other areas covered by the Finance Director were: Debt Service County Gas Tax Lighting Maintenance Districts Revolving Funds Traffic Safety Vehicle Parking District Nos. land 2 Cash Basis Grant Programs including the Senior Citizens Program -2- 4-26-80 ADJOURNHENT 8 a.m, ~lay lO 1 1 ,,' . . , 25 :0009 Police, Dial-a-ride, Ceta and Federal Urban Aid Deferred Compensation Bond and Interest - Arcadia Industrial Park Parking District Bikeway The City Council will begin reviewing the individual departmental budgets for 1980-8l at its next ~tudy session. At l2 noon the meeting adjourned to Saturday May 10, 1980 at 8 a.m. in the Conference Room. Christine City . -3- 4-26-80