2011-038 - FY 11/12 Operating budget and 11/12-2015/16 capital budgetRESOLUTION 2011 -038
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
APPROVING FY 2011/12 OPERATING BUDGET & FY's 2011/12 - 2015/16 CAPITAL BUDGET
AND CARRY - FORWARD APPROPRIATIONS AND OTHER APPROVED ADJUSTMENTS
RELATED TO ANY BARGAINING GROUP, CONFIDENTIAL EMPLOYEE, OR
MANAGEMENT COMPENSATION PLANS, CLASSIFICATION ADJUSTMENTS, MINOR
CORRECTIONS, AND REFINED ESTIMATES
WHEREAS, Section 230.295(b) of the Los Gatos Town Code requires the Town Manager
to annually prepare and submit a budget to the Town Council and be responsible for its administration;
and
WHEREAS, the Town Manager submitted a proposed budget for the 2011/12 to the Town
Council; and
WHEREAS, the Town Manager submitted a proposed five -year capital improvement plan
for FY "s 2011 /12- 2015/16; and
WHEREAS, the Town Council has considered and reviewed said proposed budget and
capital improvement plan during public hearings.
RESOLVED, that the Town Council hereby adopts as the budget for the Town of Los
Gatos for the 2011/12 fiscal year the schedule entitled "Total Town Revenues By Fund and Total Town
Expenditures By Fund (Exhibit A) including the first year (FY 2011/12) of the Town's Capital
Improvement Program budget as contained in the Town's FY's 2011/12 — 2015/16 Capital Improvement
Plan.
BE IT FURTHER RESOLVED, that the final adopted budget includes approved carry-
forward appropriations for unspent operating grants and pass- throughs from FY 2010/11, and that there
be carried forward from prior years Reserve for Encumbrances within each fund an amount sufficient to
cover approved outstanding encumbrances as of June 30, 2011;
RESOLVED, Town Council authorizes the Town Manager to increase temporary staffing
or to convert temporary positions to regular positions as needed to meet rising workloads with associated
fee and permit revenues at no net increase to the General Fund. Any such increases or conversions will
require prior notice to the Council; and
BE IT FURTHER RESOLVED, that the Town Council hereby directs staff that any
changes or impacts resulting from: Council approval of any bargaining group, confidential employee, or
management compensation plans; from classification adjustments or miscellaneous corrections; from
changes due to more refined estimates or grant approvals; or from further Town Council consensus
direction received on June 6, 2011, be incorporated within the final FY 2011/12 Operating and Capital
Budget.
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los
Gatos, California, held on the 6'" day of June, 2011 by the following vote:
COUNCIL MEMBERS:
AYES: Steven Leonardis, Diane McNutt, Steve Rice, Barbara Spector, and Mayor Joe Pirzynski
NAYS: None
ABSENT:
ABSTAIN:
SIGNED:
MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
ATT T: / /
CLE A MINISTRATOR OF THE TOWN OF LOS GATOS
LOS OS, CALIFORNIA
TOTAL TOWN REVENUES BY FUND AND TOTAL TOWN EXPENDITURES BY FUND
2011/12 2011/12
Proposed Budget Recommended
Budget Revision Budget
TOWN REVENUES & OTHER FUNDING SOURCES
General Fund
$ 33,424,883
$ 33,424,883
Special Revenue Funds
398,294
398,294
Internal Service Funds _
4,250,308
4,250,308
Trust & Agency Funds
198,148
198,148
Capital Project Funds (does not include car yforwards)
13,593,010
13,593,010
Redevelopment Agency Funds
11,136,087
11,136,087
TOTAL TOWN REVENUES & OTHER FUNDING SOURCES
$ 63,000,730 $
- $ 63,000,730
TOTAL TOWN EXPENDITURES, TRANSFERS OUT & CARRYFORWARD APPROPRIATION
General Fund $ 36,266,128 $ 67,000 $ 36,333,128
Special Revenue Funds 395,031 395,031
Internal Service Funds 4,321,604 4,321,604
Trust & Agency Funds 627,799 627,799
Capital Project Funds (does not include carryfor"ards) - 14,266,549 14,266,549
Redevelopment Agency Funds 9,971,577 9,971 - ,577
TOTAL TOWN EXPENDITURE & OTHER FUNDING USES $ 65,848,688 $ - 67,000 $ 65,915,688
TOTAL SOURCES OVER USES OF FUNDS $ (2,847,958) $ (67,000) $ (2,914,958)
Exhibit A