CC Resolution 2020-021 FY 2020-21 Budget & AppropriationsRESOLUTION NO. 2020 - 021
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LA QUINTA, CALIFORNIA,
ESTABLISHING THE CITY’S APPROPRIATION
LIMIT FOR FISCAL YEAR 2020/21 AND
APPROVING A BUDGET FOR FISCAL YEAR
2020/21
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 capital
improvement program 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 and capital
improvement program 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 2020/21 is $141,103,621.
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 2020/21 was
Resolution No. 2020 – 021
Budget Approval FY 2020/21
Adopted: June 16, 2020
Page 2 of 3
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 2020/21 Budget and capital improvement
program which is on file with the City Clerk is hereby approved.
SECTION 4. Continuing Appropriations which remain unspent and were
authorized by Council in Fiscal Year 2019/20 are approved in the Fiscal Year
2020/21 Budget in an amount not to exceed $1,982,600 (Exhibit A).
SECTION 5. Budget adjustment procedures are approved as follows:
A. Additional appropriations and the transfer of cash or unappropriated
fund balance from one fund to another shall be made only upon
City Council approval.
B. Transfers of budgeted appropriations between departments or
capital projects shall be made only upon City Council approval.
C. Transfers of budgeted appropriations between accounts within a
department or capital project may be made with the approval of the
City Manager or his designee.
D. Prior year budget continuing Appropriations and Encumbrances for
unexpended capital project and grant appropriations remaining
from uncompleted prior year capital projects and grant programs
shall be made with City Manager approval. These carry-over
appropriations are for prior year Council approved capital projects
and shall not exceed the approved project budget.
SECTION 6. The City Council, recognizing the need for maintaining Fund
Balance reserves has established a Reserve Policy. These funds cannot be
appropriated without the explicit approval of the City Council. Exhibit B
(General Fund Reserves Overview) will be used in the Fiscal Year 2019/20
Comprehensive Annual Financial Report “CAFR.”
SECTION 7. The City Manager shall render a monthly report to the City
Council on the status of City operations as it relates to the approved budget
and any amendments thereto.
PASSED, APPROVED, and ADOPTED at a regular meeting of the La
Quinta City Council held on this 16th day of June 2020, by the following
vote:
Vendor/Program Account Number Description Amount
Machinery & Equipment, Fire Services 101-2002-71031 Vehicle Purchase 30,000$
Building Improvements, Fire Station 101-2002-72110 Fire Station #70 35,000$
TOT Resort Rebate Program 101-1007-60536 Future Reimbursements 100,000$
Buildings 101-1007-71050 Alongi Building 437,600$
602,600
Library Fund Building Improvements 202-3004-72110 Roof Repairs 280,000
Lighting & Landscape District Improvements 215-7004-60431 Materials and Supplies 100,000
Economic Development Fund 247-0000-60510 Small Bus. Emer. Relief Program 1,000,000
1,380,000
$ 1,982,600
Continuing Appropriations/Carryovers from 2019/20 to 2020/21
NOTE: All carryovers are estimates based on projected invoices to end 2019/20. Upon completion of the final audit
(October 2020), Finance will verify account balances and carryover remaining funds. In no event shall a carryover
exceed the per account amount noted above.
TOTAL CARRYOVERS FOR ALL FUNDS
GENERAL FUND CARRYOVERS
SPECIAL FUNDS CARRYOVERS
CITY OF LA QUINTA RESOLUTION NO. 2020-021EXHIBIT AAdopted: June 16, 2020
ESTIMATED COMMITTED
FUND BALANCE
ESTIMATED AT
6-30-2020
LOAN
PAYMENT TO
GENERAL FUND
FROM
SUCCESSOR
AGENCY
OPERATING
SURPLUS
/(SHORTFALL)
ESTIMATED AT
6-30-2021
NATURAL DISASTER 10,000,000$ 10,000,000$
ECONOMIC DISASTER 6,800,000$ 6,800,000$
CASH FLOW 5,000,000$ 5,000,000$
CAPITAL REPLACEMENT 6,540,000$ 6,540,000$
UNAPPROPRIATED 10,993,800$ 2,591,066$ $ 9,200 13,594,066$
TOTAL COMMITTED RESERVES 39,333,800$ 2,591,066$ $ 9,200 41,934,066$
SUMMARY
RESERVES 6/30/20 39,333,800$
NET CHANGE 2,600,266$
RESERVES 6/30/21 41,934,066$
CALCULATION FOR FORMER REDEVELOPMENT AGENCY LOAN REPAYMENT
FY 2020/21 Approved Repayment
Fund Total Repayment Distribution % Distribution $
General Fund 3,238,833$ x 80% =2,591,066
Housing Fund 3,238,833$ x 20% =647,767
3,238,833$
ESTIMATED ASSIGNED
FUND BALANCE
ESTIMATED AT
6-30-2020 ADDITIONS DELETIONS
ESTIMATED AT
6-30-2021
SALES TAX (MEASURE G)7,438,375$ 3,127,200$ (321,900)$ 10,243,675$
PUBLIC SAFETY FIRE SERVICE
TRUST 10,000,000$ (751,500)$ 9,248,500$
CARRYOVERS AND CAPITAL
PROJECTS (GENERAL FUND ONLY) 13,000,000$ 13,000,000$
PENSION TRUST FUND 10,500,000$ 300,000$ 10,800,000$
OTHER POST EMPLOYMENT
BENEFITS TRUST FUND 1,800,000$ 60,000$ 1,860,000$
TOTAL ASSIGNED RESERVES 42,738,375$ 3,487,200$ (1,073,400)$ 45,152,175$
CITY OF LA QUINTA
GENERAL FUND RESERVES OVERVIEW
Based on Proposed Budget for 2020/21
ESTIMATED FOR 6-30-2021
Net change, $2,600,266
CITY OF LA QUINTA RESOLUTION NO. 2020-021EXHIBIT BAdopted: June 16, 2020