HomeMy WebLinkAboutResolution No. 2018-OB03RESOLUTION NO.2018-OB03
A RESOLUTION OF THE OVERSIGHT BOARD OF THE SUCCESSOR
AGENCY OF THE FORMER REDEVELOPMENT AGENCY OF THE
CITY OF AZUSA APPROVING AND ADOPTING THE
ADMINISTRATIVE BUDGET FOR THE PERIOD OF JULY 1, 2018
THROUGH JUNE 309 2019 PURSUANT TO AB x1 26 AS AMENDED BY
AB 1484
WHEREAS, Health and Safety Code Section 34177(J), enacted by AB x1 26, requires a
successor agency to a former redevelopment agency to prepare administrative budgets to the
Oversight Board for approval.
WHEREAS, the Successor Agency of the Former Redevelopment Agency of the City of
Azusa ("Agency") has submitted to the Oversight Board of the Agency ("Board") an annual
proposed administrative budget ("Budget") that commences on July 1, 2018 through June 30,
2019. Attached hereto as Exhibit B, and
NOW, THEREFORE, BE IT RESOLVED, determined and ordered by the Oversight
Board as follows:
Section I. The Recitals set forth above are true and correct and incorporated
herein by reference.
Section 2. The Board hereby approves the Budget, in substantially the form
attached to this Resolution as Exhibit B, so that the Agency may
continue to meet its recognized obligations, all as required by Health
and Safety Code section 34177, during the time period from July 1,
2018 through June 30, 2019. The Agency reserves the right to further
amend the Budget in the future in order to provide an accurate
schedule.
Section 3. The Agency staff is authorized and directed to enter into any
agreements and amendments to agreements necessary to memorialize
and implement the agreements and obligations in the Budget herein
approved by the Board.
Section 4. The Board hereby directs that copies of this Resolution be submitted to
the California State Department of Finance, the California State
Controller's Office and the Los Angeles County Auditor -Controller
and to be posted on the Agency's website.
Section 5. Pursuant to Health and Safety Code Section 34179(h), all actions taken
by the Board, may be reviewed by the California Department of
Finance, and therefore, this Resolution shall not be effective for five (5)
business days, pending a request for review by the California
Department of Finance.
APPROVED AND ADOPTED THIS 30th day of January, 2018.
Ro ert G rales, Chairp son
Oversight Board
Successor Agency to the Former Redevelopment Agency
of the City of Azusa
ATTEST:
ce Cornejo, r., S et
Oversight Board
Successor Agency to the Former Redevelopment Agency
of the City of Azusa
I HEREBY CERTIFY that the foregoing Resolution No. 2018-OB03 was duly adopted
by the Board Members of the Oversight Board of the City of Azusa at a special meeting thereof
on the 30'' day of January 2018, by the following vote of Board Members:
AYES: BOARD MEMBERS: DICKERSON, JOHNSON, HERNANDEZ, BOMMARITO,
GONZALES
NOES: BOARD MEMBERS: NONE
ABSENT: BOARD MEMBERS: ROMERO
J a e Cornejo, J ., Se t
Oversightl3oard
Successor Agency to the Former Redevelopment Agency
of the City of Azusa
EXHIBIT B
PROPOSED ADMINISTRATIVE BUDGET
July 11 2018 through June 30, 2019
Successor Agency of the Former Redeveolpment Agency of the City of Azusa
PROPOSED ADMINISTRATIVE BUDGET
July 1, 2018 to June 30, 2019
Administrative Allocation
Administrative Costs
Vendors.,
Best Best & Krieger
Arbitrage Compliance Specialists
Urban Futures
HdL Coren & cone
Dukes Landscaping
Iron Mountain
Badawi & Associates CPAs'
Frontier Communication
Azusa Light & Water
Wilmington Trust
Personnel:
Description
Agency Legal Counsel
Arbitrage calculations
Continuing Disclosures
Tax Increment Audit Services
Weed abatement/treatment
Storage
Audit Services
Comm. Service -Reader Board
Reader Board -Electrical
Trustee Admin Fees
Position
City Manager
Econ & Comm director
Finance Director
Senior Accountant
Assist. City Clerk
A/P Specialist
Executive Asst
Payroll Specialist
Estimate
$55,000
1,600
6,000
7,250
9,000
2,400
10,000
2,000
9,750
8,000 $111,000
Estimate
$13,730
101,789
20,119
56,047
11,415
2,611
2,653
2,178 210,540
$ 250,000
321,540
Excess (Deficit) - Administrative Allocation $ (71,540)
SALARIES AND BENEFITS PROJECTIONS
FOR FISCAL YEAR 2017 -FINAL
132.02
FOR ROPS 18-19
104
832
208
832
168
52
52
52
$13,730
101,789
20,119
56,047
11,415
2,611
21653
2,178
Fully
Total Annual
Burdened
Salary
Hourly
Classification & Benefits
Rates
Estimated
Projected Annual
Annual Payroll
FTE Hours Cost
City Manager
274,600.00
132.02
5.00%
40.00%
10.00%
40.00%
8.08%
2.50%
2.50%
2.50%
104
832
208
832
168
52
52
52
$13,730
101,789
20,119
56,047
11,415
2,611
21653
2,178
Econ & Comm Director 2549471.43 122.34
Finance Director 201,185.00 96.72
Senior Accountant 140,116.67 67.36
Chief Deputy City Clerk 141,275.00 67.92
A/P Specialist 1049430.00 50.21
Sr. Admin. Technician 106,115.38 51.02
Payroll Specialist 87,115.00 41.88
2,300
6 Month
Costs
$6,865
50,894
10,059
28,023
5,708
1,305
1,326
1,089
TOTAL PERSONNEL COSTS $210,540 $105,270