1981-143-Adopting Budget For Fiscal Year 1981-82RESOLUTION NO. 1981 -143
A RESOLUTION ADOPTING BUDGET FOR FISCAL
YEAR 1981 -82
WHEREAS, Section 2 -20(f) of the Los Gatos Town Code requires the Manager to
annually prepare and submit a budget to the Town Council and be
responsible for its administration; and
WHEREAS, the Town Manager did submit a proposed budget for the 1981 -82
fiscal year to the Town Council; and
WHEREAS, the Town Council has considered and reviewed said proposed budget
during public hearings;
NOW, THEREFORE, BE IT RESOLVED AND IT IS HEREBY RESOLVED by the Town Council
of the Town of Los Gatos, County of Santa Clara, State of Califor-
nia, that the Town Council hereby adopts as the budget for the Town
of Los Gatos for the 1981 -82 fiscal year those schedules entitled
"Summary of Appropriations ", "Schedule of Fund Transfers ", and
"General Fund Appropriated Reserves ", attached hereto.
PASSED AND ADOPTED at a regular meeting of the Town Council
of the Town of Los Gatos, California, held this 15th day of
June , 1981, by the following vote:
AYES: COUNCIL MEMBERS Ruth Cannon, Thomas J. Ferrite,
MarLyn J. Rasmussen, Brent, N. Ventura and Peter
W. Siemens
NOES: COUNCIL MEMBERS None
ABSENT: COUNCIL MEMBERS None
ABSTAIN: COUNCIL MEMBERS None
SIGNED:��4���
K. OR OF THE TOWN OF LOS GATOS
ATTEST:
CLERK OF THE TOWN OFF LO,S/ TOS
Town of Los Gatos
SUMMARY OF APPROPRIATIONS
FY 1981 -82
GENERAL FUND
Town Council
$ 29,277
Town Clerk
107,915
Town Treasurer
16,999
Town Attorney
65,000
Town Manager
221,640
Community Development
50,000
Building Regulation
145,248
Planning
212,293
Library
Parks and Forestry
550,784
Recycling Center
3,796
Police
2,016,568
Public Works-Engineering
395,500
Public Works- I'laintenance
904,625
General Town Administration
495,368
Emergency Services
3,100
Elections
13,000
Insurance
742,325
Contingency
89,064
TOTAL GENERAL FUND: 55,883,589
GENERAL FUND RESERVES
Capital Improvement Projects S 610,000
TOTAL GENERAL FUND RESERVES: c 610,000
SPECIAL FUNDS
Community Programs
206,839
Sanitary Sewer
123,997
Equipment Reserve
126,000
Workers' Compensation
125,000
Federal Revenue Sharing
244,348
Gas Tax 210672107
260,000
Construction Tax
200,000
Transit Development Act
10,000
TOTAL SPECIAL FUNDS: 51,296,184
DEBT SERVICE
1962 General Obligation Bonds $ 62,821
1965 Park Bonds 53,100
TOTAL DEBT SERVICE: S 115,921
TOTAL APPROPRIATIONS: ........................... $7,905,694
Town of Los Gatos
SCHEDULE OF FUND TRANSFERS
FY 1981 -82
From To
General Equipment Reserve
General 1962 GO Bonds
General Community Programs
H.C.D.A. Community Programs
H.C.D.A. General
Sanitary Sewer
Sanitary Sewer
Gas Tax 2106/2107
Gas Tax 2107.5
Traffic Safety
Vehicle In -Lieu
Rental Mediation
T.D.A.
Equipment Reserve
General
General
General
General
General
Community Programs
Community Programs
TOTAL:
$ 140,958
62,821
41,296
$ 245,075
$ 42,195
5,062
$ 47,257
$ 14,077
86,502
$ 100,579
$ 100,000
$ 6,000
$ 100,000
$ 515,000
$ 29,643
$ 93,705
$1,237,259
Town of Los Gatos
GENERAL FUND APPROPRIATED RESERVES
FY 1981 -82
Estimated Balance July 1, 1981
Capital Improvement Appropriations $ 610,000
Reserve for Economic Uncertainties 1,500,000
Reserve for Open Space Acquisition 750,000
Reserve for Vacation and Sick Leave
Balances 410,000
Unallocated Reserve 830,000
$4,100,000