CC Resolution 2009-058RESOLUTION NO. 2009 - 058
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LA QUINTA, CALIFORNIA, ESTABLISHING THE CITY'S
APPROPRIATION LIMIT FOR FISCAL YEAR 2009/2010
AND APPROVING A BUDGET FOR FISCAL YEAR
2009/2010
WHEREAS, each year the La Quinta City Council adopts a Budget for Revenues
and Expenditures for the upcoming Fiscal Year; and
WHEREAS, the City Council desires to make provisions for a level of services
commensurate with the needs of the City; and
WHEREAS, the City Council has reviewed said budget and has had several
public meetings to receive public input; and
WHEREAS, the City Council has, after due deliberation and consideration, made
such amendments in the proposed budget as it considers desirable; and
WHEREAS, Section 7910 of the government Code of the State of California
provides that each year the governing body of each local jurisdiction shall, by
resolution, establish its appropriations limit for the following fiscal year; and
WHEREAS, Section 7902(b) of the Government Code sets forth the method for
determining the said appropriations limit, to be based upon the limit applicable for the
prior fiscal year and adjusted for changes in the cost-of-living and in City population.
NOW, THEREFORE, BE IT RESOLVED by the City of La Quinta to adopt, as
follows:
SECTION 1. The appropriations limit for the City of La Quinta established in
accordance with Section 7902(b) of the California Government Code, for Fiscal Year
2009/2010 is 588,355,317.
SECTION 2. It is hereby found and determined that in compliance with Government
Code Section 7910, the documentation used in the determination of said
appropriations limit for Fiscal Year 2009/2010 was available to the public in the
Finance Department of the City and in the Office of the City Clerk at least fifteen days
prior to this date.
SECTION 3. The Fiscal Year 2009/2010 Budget which is on file with the City Clerk is
hereby approved.
SECTION 4. The Redevelopment Agency agrees to the reimbursement to the City for
services performed by the City on behalf of the Agency. Such reimbursement, as
Resolution No. 2009-058
rY 2009/2010 Budget Adoption
Adopted: July 7, 2009
Page 2
computed and included in the budget document, shall include salary, salary related
costs, direct costs, and indirect overhead costs.
SECTION 5. Continuing Appropriations, which remain unspent and were authorized by
the City Council in Fiscal Year 2008/2009, are approved in the Fiscal Year 2009/2010
Budget in an amount not to exceed 53,681,035.
SECTION 6. Encumbrances for Fiscal Year 2008/2009 for committed appropriations
are approved in the Fiscal Year 2009/2010 Budget in an amount not to exceed
5160,222.
SECTION 7. Budget adjustment procedures are approved as follows:
A. Additional appropriations and the transfer of cash or unappropriated fund
balance from one fund to another shall be made only upon City Council
approval.
B. Transfers of budgeted appropriations between divisions or capital projects shall
be made only upon City Council approval.
C. Transfers of budgeted appropriations between accounts within a division or
capital project may be made with the approval of the City Manager or his
designee.
D. Prior year budget continuing Appropriations and Encumbrances for unexpended
capital project appropriations remaining from uncompleted prior year capital
projects shall be made with City Manager approval. These carry-over
appropriations are for prior year Council approved capital projects and shall not
exceed the approved project budget.
SECTION 8. The City Council, recognizing the need for maintaining Fund Balance
reserves has established a General Fund Cash Flow Reserve for FY 2008/2009 of
8.25% of the FY 2009/2010 budget which amounts to 53,347,602 for FY
2008/2009, and has also established a General Fund Emergency Reserve for FY
2008/2009 of 35% of the FY 2009/2010 budget plus 54,000,000 which amounts to
518,201,948.
SECTION 9. The City Manager shall render a monthly report to the City Council on the
status of City operations as it relates to the approved budget and any amendments
thereto.
PASSED, APPROVED, and ADOPTED at a regular meeting of the La Quinta City
Council held on this 7th day of July 2009, by the following vote:
Resolution No. 2009-058
Fy 200912010 Budget Adoption
Adopted: July 7, 2009
Page 3
AYES: Council Members Evans, Franklin, Henderson, Sniff, Mayor Adolph
NOES: None
ABSENT: None
ABSTAIN: None
DON ADOL H, M r
City of La Quinta, California
ATTEST:
VERONICA J~ONTECINO, CMC, City Clerk
City of La Qurnta, California
(CITY SEAL] - ``
APPROVED AS TO FORM:
~ (~
M. KA HERINE NSON, City Attorney
City of La Quinta, California