CC Resolution 2021-026 FY 2021-22 Budget & AppropriationsRESOLUTION NO. 2021 - 026
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LA QUINTA, CALIFORNIA,
ESTABLISHING THE CITY’S APPROPRIATION
LIMIT FOR FISCAL YEAR 2021/22 AND
APPROVING A BUDGET FOR FISCAL YEAR
2021/22
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 2021/22 is $150,427,126.
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 2021/22 was
Resolution No. 2021-026
Budget Approval FY 2021/22
Adopted: June 15, 2021
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 2021/22 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 2020/21 are approved in the Fiscal Year
2020/21 Budget in an amount not to exceed $706,100 (Exhibit A).
SECTION 5. Budget adjustment procedures are approved as follows:
A. Additional appropriations and the transfer of cash or unappropriated
fund balance from one fund to another shall be made only upon
City Council approval.
B. Transfers of budgeted appropriations between departments or
capital projects shall be made only upon City Council approval.
C. Transfers of budgeted appropriations between accounts within a
department or capital project may be made with the approval of the
City Manager or his designee.
D. Prior year budget continuing Appropriations and Encumbrances for
unexpended capital project and grant appropriations remaining
from uncompleted prior year capital projects and grant programs
shall be made with City Manager approval. These carry-over
appropriations are for prior year Council approved capital projects
and shall not exceed the approved project budget.
SECTION 6. The City Council, recognizing the need for maintaining
Fund Balance reserves has established a Reserve Policy. These funds cannot
be appropriated without the explicit approval of the City Council. Exhibit B
(General Fund Reserves Overview) will be used in the Fiscal Year 2020/21
Annual Comprehensive Financial Report “ACFR.”
SECTION 7. The City Manager shall render a monthly report to the City
Council on the status of City operations as it relates to the approved budget
and any amendments thereto.
PASSED, APPROVED, and ADOPTED at a regular meeting of the La
Quinta City Council held on this 15th day of June 2021, by the following
vote:
Description/Program Account Number Account Name Estimated
Ironman Triathlon postponed to 2021 101-3003-60149 Community Experiences 75,000$
La Quinta Art Celebration postponed to 2021 101-3003-60512 LQ Art Event 45,000$
La Quinta's share of the CVAG Art & Music Line 101-7006-60480 Contribution to other Agencies 300,000$
Equip Emergency Services vehicle 101-2002-71031 Vehicles 13,100$
Marketing efforts to attract group business to hotels 101-1007-60536 TOT Resort Rebate Program 150,000$
$ 583,100
Council Chambers A/V equipment 502-0000-80100 Machinery & Equipment 50,000$
Asset Management Software 502-0000-71048 Public Works Software Enhancements $ 73,000
$ 123,000
$ 706,100
Continuing Appropriations/Carryovers from 2020/21 to 2021/22
GENERAL FUND CARRYOVERS
SPECIAL FUNDS CARRYOVERS
TOTAL CARRYOVERS FOR ALL FUNDS
NOTE: In June 2021 when the budget is adopted, all carryovers are estimates based on projected invoices to end fiscal year
2020/21. Upon completion of the final audit (approx. October 2021), Finance verifies account balances and makes additional
carryover recommendations based on current budgetary needs.
CITY OF LA QUINTA
RESOLUTION NO. 2021-026
EXHIBIT A
ADOPTED: JUNE 15, 2021
ESTIMATED COMMITTED
FUND BALANCE
ESTIMATED AT
6-30-2021
LOAN
PAYMENT TO
GENERAL FUND
FROM
SUCCESSOR
AGENCY
OPERATING
SURPLUS
/(SHORTFALL)
ESTIMATED AT
6-30-2022
NATURAL DISASTER 10,000,000$ 10,000,000$
ECONOMIC DISASTER 11,000,000$ 11,000,000$
CASH FLOW 5,000,000$ 5,000,000$
CAPITAL REPLACEMENT 10,000,000$ 10,000,000$
UNAPPROPRIATED 15,500,367$ 2,642,888$ $ 62,840 18,206,095$
TOTAL COMMITTED RESERVES 51,500,367$ 2,642,888$ $ 62,840 54,206,095$
SUMMARY
RESERVES 6/30/21 51,500,367$
NET CHANGE 2,705,728$
RESERVES 6/30/22 54,206,095$
CALCULATION FOR FORMER REDEVELOPMENT AGENCY LOAN REPAYMENT
FY 2021/22 Approved Repayment
Fund Total Repayment Distribution % Distribution $
General Fund 3,303,610$ x 80% =2,642,888
Housing Fund 3,303,610$ x 20% =660,722
3,303,610$
ESTIMATED ASSIGNED
FUND BALANCE
ESTIMATED AT
6-30-2021 ADDITIONS DELETIONS
ESTIMATED AT
6-30-2022
SALES TAX (MEASURE G)13,151,469$ 3,578,644$ 16,730,113$
PUBLIC SAFETY FIRE SERVICE TRUST 11,408,000$ (800,200)$ 10,607,800$
CARRYOVERS AND CAPITAL
PROJECTS (GENERAL FUND ONLY)12,500,000$ 12,500,000$
PENSION TRUST FUND 11,228,000$ 700,000$ 11,928,000$
OTHER POST EMPLOYMENT BENEFITS
TRUST FUND 1,934,000$ 80,000$ 2,014,000$
TOTAL ASSIGNED RESERVES 50,221,469$ 4,358,644$ (800,200)$ 53,779,913$
CITY OF LA QUINTA
GENERAL FUND RESERVES OVERVIEW
Based on Proposed Budget for 2021/22
ESTIMATED FOR 6-30-2022
Net change, $2,705,728
CITY OF LA QUINTA
RESOLUTION NO. 2021-026
EXHIBIT B
ADOPTED: JUNE 15, 2021