CC Resolution 2011-059RESOLUTION NO. 2011 - 059
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LA QUINTA, CALIFORNIA, ESTABLISHING THE CITY'S
APPROPRIATION LIMIT FOR FISCAL YEAR 2011/2012
AND APPROVING A BUDGET FOR FISCAL YEAR
2011/2012
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
2011-2012 is $91,910,124.
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 2011/2012 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 2011/2012 Budget which is on file with the City Clerk is
hereby approved.
Resolution No. 2011 -059
Approval of Budget & Appropriation Limit
Fiscal Year 2011/2012
Adopted: July 5, 2011
Page 2
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 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
Council in Fiscal Year 2010/2011 are approved in the Fiscal Year 2011/2012 Budget
in an amount not to exceed $1,944,600 of which $243,482 will be offset by grant
funding (Attachment 1).
SECTION 6. Encumbrances for Fiscal Year 2009/2010 for committed appropriations
are approved in the Fiscal Year 2010/2011 Budget in an amount not to exceed
$136,010 of which $623 will be offset by grant funding (Attachment 1).
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 Fiscal Year 2010/2011
of 8.25% of the Fiscal Year 2011/ -2012 budget which amounts to $3,304,383 for
Fiscal Year 2010/2011, and has also established a General Fund Emergency Reserve
for Fiscal Year 2010/2011 of 35% of the Fiscal Year 2011/2012 budget plus
$4,000,000 which amounts to $18,018,595. In addition, the following are the
estimated reserves to General Fund Balances as of June 30, 2011 including the
already mentioned cash flow and emergency reserve amounts:
Resolution No. 2011 -059
Approval of Budget & Appropriation Limit
Fiscal Year 201112012
Adopted: July 5, 2011
Page 3
City of La Quinta
Reserves & Designations
Fiscal Year End 2010/2011
Advances to other funds
Deposits
Prepaids
Encumbrances
Carry over appropriations
Debt service payment
Post retirement health care benefits
Land held for resale
Future operational deficit
Cash flow
Emergency reserve
Continuing operation and projects
$ 15,50, 2, 903
9,830-
23,393
124,576'
1,535,118
169,631
1,258,059
8,320,000
3,304,383
18,018,595
35, 747, 637
$ 91,514,125
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 5th day of July, 2011, by the following vote:
AYES: Council Members Evans, Franklin, Henderson, Sniff, Mayor Adolph
�W 0C1ii7
ABSENT: None
ABSTAIN: None
A n-�
DON ADOLPH, MayU
City of La Quinta, California
Resolution No. 2011 -059
Approval of Budget & Appropriation Limit .
Fiscal Year 2011/2012
Adopted: July 5, 2011 _
Page 4
_VERONICA 4,4 0 41ORTECINO, CIVIC, City Clerk
-City of La uinta; "'California
(CITY SEAL)'' -
APPROVED AS TO FORM:
JOHN A. RAMIREZ, Assistant City Attorney
City of La Quinta, California
Resolution No. 2011 -059
Approval of Budget & Appropriation Limit
Fiscal Year 2011/2012
Adopted: July 5, 2011
Page 4
ATTEST:
SIGNED IN COUWERPART
VERONICA J. MONTECINO, CMC, City Clerk
City of La Quinta, California
(CITY SEAL)
APPROVED AS TO FORM:
JO A. RAMIREZ, Assista t Cit Attorney =
Cit of La Quinta, California