1984-095-Adopting Budget For Fiscal Year 1984-85RESOLUTION NO. 1984 -95
A RESOLUTION ADOPTING BUDGET FOR
FISCAL YEAR 1984 -85
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 1984 -85
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 1984 -85 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 18th day
of June , 1984, by the following vote:
AYES:
COUNCIL
MEMBERS _
lnanq� Bepj
m� in, Eric D.
_Carlson.
Terrence
J. Daily,,
Brent N. Ventura
-and Ma
oy r Thomas
J. Ferrito
NOES:
COUNCIL
MEMBERS
None
ABSENT:
COUNCIL
MEMBERS
None
ABSTAIN:
COUNCIL
MEMBERS
None
SIGNED:
-',
MA 0R OF
THE OWX
t -0S GATOS
ATTEST:
CLERK - THE TOWN F LOS GAT
TOWN OF LOS GATOS
MARY OF APPROPRIATIONS
FY 1984 -85
GENERAL FUND
Town Council
$ 36,381
Town Treasurer
24,630
Town Clerk
174,792
Town Attorney
139,890
Town Manager
308,095
General Town Administration
295,203
Contingency
255,080
Insurance
135,000
Elections
5,000
Planning
330,172
Building Regulation
196,654
Engineering
547,375
Police
2,843,774
Emergency Services
3,000
Library
630,508
Parks, Forestry, and Maintenance
2,347,293
Capital Improvement Projects
105,000
TOTAL GENERAL FUND 8,377,847
GENERAL FUND RESERVES
Leave Payoffs $ 100,000
Capital Improvement Projects 324,950
TOTAL GENERAL FUND RESERVES 424,950
SPECIAL FUNDS
General Revenue Sharing $ 147,788
Gas Tax 2106 149,000
Gas Tax 2107 244,000
NCDA 137,645
Construction Tax -- Capital 50,000
Construction Tax -- Utility 455,000
Park Fund 50,000
Storm Drain Basin #1 7,000
Storm Drain Basin #2 15,000
Sanitary Sewer 244,863
TOTAL SPECIAL FUNDS $1,500,296
INTERNAL SERVICE FUNDS
Community Services $ 283,466
Equipment Reserve 394,850
Workers' Compensation 134,000
TOTAL INTERNAL SERVICE FUNDS 812 316
DEBT SERVICE
1962 General Obligation Bonds $ 63,403
1965 Park Bonds 50,400
TOTAL DEBT SERVICE 113,803
TOTAL APPROPRIATIONS ............................... $11,229,212
Town of Los Gatos
SCHEDULE OF FUND TRANSFERS
FY 1984 -85
From
To
Amount
General
Debt Service
$ 63,403
Sanitary Sewer
General Fund
45,000
Gas Tax 2106
General Fund
50,000
Gas Tax 2107
General Fund
50,000
Gas Tax 2107.5
General Fund
6,000
Traffic Safety
General Fund
135,000
Motor Vehicle In -Lieu
General Fund
100,000
HCDA
Community Programs
61,187
Mediation/Arbitration
Community Programs
43,596
Transit Development /
Fare Box
Community Programs
116,874
General Revenue Sharing
Community Programs
61,809
TOTAL TRANSFERS:
ILL,869
Town of Los Gatos
GENERAL FUND APPROPRIATED RESERVES
FY 1984 -85
Estimated Balance July 1, 1984
Less Reserves for:
Economic Uncertainties
Town Retirement Fund
Downtown Parking Program
Employee Leave Payments
Balance Available for Capital Expenditures
2,500,000
125,000
250,000
300,000
Less Capital Improvements Appropriations $324,950
4,291,196
1,116,196
Esitmated Fund Balance 791,246