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HomeMy WebLinkAboutResolution No. 2021-C10RESOLUTION NO.2021-C10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA APPROVING AND ADOPTING THE MID -YEAR BUDGET AMENDMENTS FOR THE CITY OF AZUSA WHEREAS, on June 15, 2020, City Council of the City of Azusa adopted the City- wide Fiscal Year 2020-21 Operating and Capital Budgets; and WHEREAS, on March 1, 2021, the City Council of the City of Azusa met and reviewed the mid -year financial status of the General Fund, Gas Tax Fund, Fire Safety Special Revenue Fund, Sewer Enterprise Fund, Risk Management/Liability and Information Technology Internal Services Funds, and considered Staff s recommendations on the budget amendments. NOW, THEREFORE, BE IT RESOLVED, THE CITY COUNCIL OF THE CITY OF AZUSA DOES APPROVE AND ADOPT THE FOLLOWING FY 2020-21 GENERAL FUND BUDGET AMENDMENTS: SECTION 1. Proposed Mid. -Year Budget Adjustments for Fiscal Year 2020/21 Revenues Expenditures Department Description Increase/(Decrease) Increase/(Decrease) Justification for Adjustment Citywide Water Fund Loan $ (665,446) Paid off with POB issuance Citywide Salary Savings (2,500,000) Savings from vacant positions Citywide Property Tax 458,895 Strong housing market, transfer of ownership from higher market prices, and CPI increase. Citywide Sales Tax 970,560 Significant increase of online sale from the County Wide County Pool distribution. Citywide Transaction Use Tax 756,275 Significant increase of online sale from the County Wide County Pool distribution. Citywide Penalties (435,020) Temporary suspension of late fees for pandemic relief Citywide One time Government Allocation -Corona 613,134 State CARES Act funds Virus Relief Fund Capital & Infrastructure Equipment & Machinery 102,110 Crossing guard was not used fora Replacement good part of the year and dept. was able to achieve some savings Public Safety Crossing Guard (110,000) School closures due to pandemic Public Safety Court Fines (30,000) Court activities impacted for shut downs during pandemic Administrative Services Outside Services 25,000 Temporary staffing and office furniture Community Resources Rents from Recreation Facility (40,000) Temporary closure during pandemic Community Resources Recreation class fees (100,000) Temporary suspension during pandemic Community Resources Recreation Swimming/Swimclass fees (70,000) Temporary suspension during pandemic Community Resources Adult Sports Fees (4,000) Temporary suspension during pandemic Community Resources Youth Sports Fees (18,000) Temporary suspension during pandemic Community Resources Rents from Recreation Facility (10,000) Temporary closure during pandemic Community Resources Excursion Fees (10,000) Temporary suspension during pandemic Community Resources Rent from Woman's Club (14,000) Temporary closure during pandemic Library Library Fees (9,800) Temporary closure during pandemic Library PassportFees (30,000) Slow down of service offered due to pandemic Econ & Comm Dev Plan Check 150,000 Received fees for larger development projects Econ & Comm Dev Business License Tax 200,000 Anticipated pandemic would impact revenues more Econ & Comm Dev Land Excavaction Tax 200,000 Activity trending upwards Econ & Comm Dev Franchise/Landfill 200,000 Activity trending upwards Econ & Comm Dev Franchise/Landfrll/Expansion 75,000 Activity trending upwards Econ & Comm Dev Promenade Lease (59,040) Building will not be occupied until FY 2021 /22 Totals $ 2,794,004 , S (3,148,336) Net Increase $5,942,340 SECTION 2. The City Clerk shall certify as to the adoption of this resolution. PASSED, APPROVED and ADOPTED this 1 st day of March 2021. Robert Gonzales Mayor ATTEST: J ce Cornej otA r. City Cle STATE OF CALIFORNIA } COUNTY OF LOS ANGELES ) ss. CITY OF AZUSA } I HEREBY CERTIFY that the foregoing Resolution No. 2021-C 10 was duly adopted by the City Council of the City of Azusa, at a regular meeting of said City Council held on the 1 St day of March 2021, by the following vote of the Council: AYES: COUNCILMEMBERS: GONZALES, ALVAREZ, AVILA, MENDEZ NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: MACIAS Je aV Cornej o, J it Clerk APPROVED AS TO FORM: %jo—mb, %41==�, Best lAest & Krieg , LLP City Attorney