1982-120-Adopting Budget For Fiscal Year 1982-83RESOLUTION NO. 1982 -120
A RESOLUTION ADOPTING BUDGET FOR
FISCAL YEAR 1982 -83
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 1982 -83
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
California, that the Town Council hereby adopts as the budget for the Town
of Los Gatos for the 1982 -83 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 21st day
of I June , 1982, by the following vote:
AYES: COUNCIL MEMBERS Ruth Cannon, Thomas J.
Ferrite, MarLyn J. Rasmussen and Mayor
Peter W. Siemens
NOES: COUNCIL MEMBERS None
ABSENT: COUNCIL MEMBERS Brent N. Ventura
ABSTAIN: COUNCIL MEMBERS None
/ � r
SIGNED:
hgOR OF 'THE 'TOWN OF LOS GATOS
ATTEST:
CLERK OF THE TOWN OF LOS e TOS
TOWN OF LOS GATOS
SUMMARY OF APPROPRIATIONS
FY 1982 -83
GENERAL FUND
Town Council
$ 28,235
Town Manager
216,011
Town Clerk
117,030
Town Treasurer
20,306
Town Attorney
85,306
Planning
226,839
Building Regulation
140,884
Elections
15,000
General Town Administration
782,246
Contingency
101,081
Insurance
150,000
Police
1,944,580
PW Engineering /Administration
419,398
PW Maintenance
977,471
Library
446,815
Parks
583,150
TOTAL GENERAL FUND $6,254,352
GENERAL FUND RESERVES
Capital Improvement Projects $1,052,000
TOTAL GENERAL FUND RESERVES $1,0__ 52,000_
SPECIAL FUNDS
General Revenue Sharing $ 120,942
Gas Tax (all sources) 380,000
BCDA 28,950
Construction Tax 250,000
Storm Drains 68.000
TOTAL SPECIAL FUNDS $ 847,892
INTERNAL SERVICE FUNDS
Community Programs $ 303,898
Sanitary Sewer 132,716
Equipment Reserve 107,652
Workers' Compensation 112,500
TOTAL INTERNAL SERVICE FUNDS $ 656,766
DEBT SERVICE
1962 General Obligation Bonds $ 61,521
1965 Park Bonds 51,760
TOTAL DEBT SERVICE $ 113,281
TOTAL APPROPRIATIONS .............................. $8,924,291
From
General
General
General
Sanitary Sewer
Sanitary Sewer
Sanitary Sewer
Gas Tax
Traffic Safety
General Fund Reserves
Construction Tax
Storm Drain Basins
HCDA
HCDA
Rental Mediation
TDA
Town of Los Gatos
SCHEDULE OF FUND TRANSFERS
FY 1982 -83
To
Equipment Reserve
Debt Service
Workers' Compensation
General Fund
Equipment Reserve
Workers' Compensation
General Fund
General Fund
General Fund
General Fund
General Fund
General Fund
Community Programs
Community Programs
Community Programs
Construction Tax Construction Tax
(Capital) (Utility)
General Revenue Sharing Community Programs
TOTAL 'TRANSFERS: $1,0871550
Amount
$169,187
61,500
110,572 $341,259
$ 98,861
37,854
1,928
$128,030
$ 30,000
$ 30,000
$102,860
$102,860
$ 40,000
$ 40,000
$ 44,058
$ 44,058
$138,643
$114,750
$114,750
$100,000
$100,000
$ 36,820
$ 36,820
$ 8,750
$ 8,750
$ 2,380
$ 2,380
$ 1,050
126,980
$128,030
$ 30,000
$ 30,000
$102,860
$102,860
$ 40,000
$ 40,000
$ 44,058
$ 44,058
Town of Los Gatos
GENERAL FUND APPROPRIATED RESERVES
FY 1982 -83
Estimated Balance July 1, 1982 $3,824,929
Capital Improvements Appropriations $1,052,000
CIP Transfer to General Fund 36,820
Reserve for Economic Uncertainties 2,000,000
Reserve for Town Retirement Fund 125,000
Vacation /Sick Leave Reserve 312,429
Fund Balance 298,680