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HomeMy WebLinkAboutE-2.1. Adoption of FY 2019-20 Utilities Budget_ApprovedTO: FROM: DATE: SUBJECT: E-2 CONSENT CALENDAR HONORABLE CHAIRPERSON AND MEMBERS OF THE AZUSA UTILITY BOARD MANNY ROBL EDO, DIRECTOR OF UTILITIES 'y'Vl,'{L JUNE 24, 2019 ADOPTION OF FISCAL YEAR 2019/20 UTILITIES OPERATING AND CAPITAL IMPROVEMENT PLAN BUDGETS BACKGROUND; On June 17, 2019, the Citywide Fiscal Year 2019/20 Operating and Capital Improvement Plan Budgets were presented to the City Council for adoption. While the Utilities budget was also presented, the Council agenda did not include a special meeting of the Utility Board in order to approve the resolution to adopt the Utilities budgets. The recommended action will approve the FY 2019/20 Utilities Operating and Capital Improvement Plan Budgets as presented to the Council on June 17th• RECOMMENDATION: Staff recommends the Utility Board take the following action: 1)Approve Resolution 2019-UB-06, A Resolution of the Utility Board of the City of Azusa adopting the budget and approving appropriations for Utilities for the fiscal year commencing July 1, 2019 and ending June 30, 2020. ANALYSIS: The Fiscal Year 2019/20 Proposed Operating and Capital Improvement Plan Budgets for the Light & Water Department was presented to the City Council on June 17, 2019. Adoption of the annual budget for Light & Water is a required action of the Utility Board, whose members also serve as the City Council. Staff recommends the Utility Board approve the attached resolution to adopt the FY 19/20 Utilities budgets as presented at the Regular Meeting of the City Council on June 17th. UB-24 Approved Utility Board 06/24/19 FY 2019/20 Utilities Budget Adoption June 24, 2019 Page 2 FISCAL IMPACT: Approval of the attached resolution will appropriate the following expenditures for Fiscal Year 2019/20: Prepared by: Reviewed and Approved: Talika M. Johnson Manny Robledo Director of Finance Director of Utilities Reviewed and Approved: Sergio Gonzalez City Manager Attachment: 1) Resolution No. 2019-UB-06 Agency Operating Transfers Supplementals Total Budget Utilities (L&W)75,742,916 931,487 10,347,594 87,021,997 UB-25 1 RESOLUTION NO. 2019-UB-06 A RESOLUTION OF THE UTILITY BOARD OF THE AZUSA LIGHT AND WATER ADOPTING THE OPERATING BUDGET AND APPROVING APPROPRIATIONS FOR AZUSA LIGHT AND WATER FOR THE FISCAL YEAR COMMENCING JULY 1, 2019 AND ENDING JUNE 30, 2020 NOW, THEREFORE, THE UTILITY BOARD/CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA DOES RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS: 1.The preliminary budget for Azusa Light and Water ("Utility") for the fiscal year commencing July 1, 2019 and ending June 30, 2020, presented and reviewed at a public workshop held May 28, 2019, is hereby approved and adopted as the Utility budget for said fiscal year. A copy of said budget is hereby ordered to be filed in the office of the Secretary and shall be certified by the Secretary as having been adopted by this resolution. 2.From the effective date of said budget, the several amounts stated therein as proposed expenditures shall be and become appropriated to the respective objects and purposes therein set forth for Utility subject to expenditure pursuant to the provisions of all applicable ordinances of Utility and statutes of the State. Further, it is established that Utility will not exceed its budget. 3.All appropriations in the 2018-2019 budget of Utility not expended orencumbered hereby expire and terminate, except for those appropriationsexpressly continued and carried forward ("rebudgeted") into the budget for2019-2020. Appropriations for Capital Projects and Capital Outlay are herebycarried forward until project completion or equipment acquisition. 4.Pursuant to Government Code 37208, warrants drawn in payment certified or approved by the Secretary as conforming to a budget approved by ordinance or resolution of Utility Board need not be audited by Utility Board prior to payment. Budgeted demands paid by warrant prior to audit by Utility Board shall be presented to the Utility Board for ratification and approval at the first meeting after delivery of the warrants. 5.The Secretary shall certify to the adoption of this resolution. PASSED, APPROVED and ADOPTED this 24th day of June, 2019. UB-26 2 ___________________________________________ Joseph Romero Rocha Board Member/Mayor ATTEST: ___________________________________________ Jeffrey Lawrence Cornejo, Jr. Secretary/City Clerk UB-27 3 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss CITY OF AZUSA ) I HEREBY CERTIFY that the foregoing Resolution No. 2019-UB-06 was duly adopted by the Utility Board/City Council of the City of Azusa at a regular meeting of the Azusa Light & Water Utility Board on the 24th day of June, 2019. AYES: BOARD/COUNCILMEMBERS: NOES: BOARD/COUNCILMEMBERS: ABSENT: BOARD/COUNCILMEMBERS: ___________________________________ Jeffrey Lawrence Cornejo, Jr. Secretary/City Clerk APPROVED AS TO FORM: ___________________________________________ City Attorney Best Best & Krieger UB-28