2009-059 - Approving Fy2009/10 Operating Budget& Fy's 2009/10 - 2013/14 Capital Budget And Carry Forward Appropriations And Other Approved Adjustments Relating To Meet And Confer Process, Management Compensation Plan, Classification Adjustment, Minor CorRESOLUTION 2009 -059a
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
APPROVING FY 2009/10 OPERATING BUDGET & FY's 2009/10 - 2013/14 CAPITAL
BUDGET AND CARRY - FORWARD APPROPRIATIONS AND OTHER APPROVED
ADJUSTMENTS RELATING TO MEET AND CONFER PROCESS, MANAGEMENT
COMPENSATION PLAN, CLASSIFICATION ADJUSTMENTS, MINOR
CORRECTIONS, AND REFINED ESTIMATES
WHEREAS, Section 2.30.295(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 did submit a proposed budget for the 2009/10 to
the Town Council; and
WHEREAS, the Town Manager did submit a proposed five -year capital
improvement plan for FY "s 2009/10 — 2013/14; 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 2009/10 fiscal year the schedule entitled "Total Town Revenues By Fund and
Total Town Expenditures By Fund" (Exhibit A) including the first year (FY 2009/10) of the
Town's Capital Improvement Program budget as contained in the Town's FY's 2009/10 —
2013/14 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 2008/09,
and that there be carried forward from prior years Reserve for Encumbrances within each fiend
an amount sufficient to cover approved outstanding encumbrances as of June 30, 2009;
BE IT FURTHER RESOLVED, that the Town Council hereby directs staff that
any changes or impacts resulting from: Council approval of the meet and confer process or
management compensation plan; 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 1, 2009, be incorporated within the final FY 2009/10
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 I" day of June, 2009 by the following vote:
COUNCIL MEMBERS:
COUNCIL:
AYES: Diane McNutt, Joe Pirzynski, Steve Rice, Barbara Spector, and Mayor Mike Wasserman
NAYS:
ABSENT:
ABSTAIN:
SIGNED: ew
MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
TTF'ST:
CLF ZK OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
TOTAL TOWN REVENUES BY FUND & TOTAL TOWN EXPENDITURES BY FUND
TOTAL TOWN EXPENDITURES, TRANSFERS OUT & CARRYFORWARD APPROPRIA
General Fund
2009/10
38,280
2009/10
Special Revenue Funds
Proposed
Budget
Recommended
Internal Service Funds
Budget
Revision
Budget
TOWN REVENUES & OTHER FUNDING SOURCES
463,561
463,561
General Fund
$ 32,523,905
$ 23,005
$ 32,546,910
Special Revenue Funds
314,835
5,344
320,179
Internal Service Funds
4,427,300
48,968
4,427,300
Trust & Agency Funds
154,380
154,380
Capital ]'reject Finds
18,136,257
5,344
18,141,601
Redevelopment Agency Funds
9,150,920
9,150,920
TOTAL TOWN RU VENUES & OTHER FUNDING SOURCES
S 64,707;597
$ 33,693
$ 64,741,290
TOTAL TOWN EXPENDITURES, TRANSFERS OUT & CARRYFORWARD APPROPRIA
General Fund
$ 32,522,586 $
38,280
$ 32,560,866
Special Revenue Funds
529,600
5,344
534,944
Internal Service Funds
4,'701,848
4,701,848
Trust & Agency Funds
463,561
463,561
Capital Project Funds
26,776,475
5,344
26,781,819
Redevelopment Agency Funds
7,782,330
7,782,330
TOTALTOWN EXPENDITURE & OTITE FUNDING USES
$ 72,776,400 $
48,968
$ 72,825,368
EXMI31T A
RESOLUTION 2009 -059b
RESOLUTION OF THE REDEVELOPMENT AGENCY
CONSENTING TO THE PROVISION OF PUBLIC IMPROVEMENTS BY THE LOS GATOS
REDEVELOPMENT AGENCY AND MAKING MANDATORY FINDINGS IN REGARDS TO
CAPITAL PROJECTS PROVIDED FOR IN THE LOS GATOS REDEVELOPMENT AGENCY
FY 2009/10 OPERATING AND FY's 2009/10 - 2013/14 CAPITAL IMPROVEMENT PLAN
WHEREAS, Section 33445 of the Health and Safety Code requires the local legislative body to
consent to the provision of public improvements by its Redevelopment Agency and make findings: 1) that
the public improvements are of benefit to the project area or the immediate neighborhood of the project
area; 2) that no other reasonable means of financing such public improvements are available to the
community, and; 3) that the Agency's contribution to the cost of the public improvement or facility will
assist in eliminating one or more blighting conditions in the project area, and is consistent with the
Agency's implementation plan adopted pursuant to Section 33490 of the Health and Safety Code, the
(Implementation Plan), and
WHEREAS, the Redevelopment Agency's FY 2009/10 - 2013/14 Capital Budget provides
funding for the following projects (the Projects): 1) Police Facility; 2) Almond Grove Concrete
Rehabilitation; 3) S. Santa Cruz /Wood Gateway
WHEREAS, the Projects will be of substantial benefit to the downtown business district and
surrounding areas of the Central Los Gatos Redevelopment Project.Area (the Project Area) established
pursuant to the 1991 Redevelopment Plan (the Redevelopment Plan);
WHEREAS, the Town has limited financial resources for capital - improvements and these funds
are committed to other critical infrastructure needs of the Town such as repairing aging streets outside of
the Project Area;
WHEREAS, the Projects have been specifically called for in the Town's Redevelopment Plan and
Implementation Plan; and
WHEREAS, the Downtown infrastructure was initially in a deteriorated condition with broken
pavement, deteriorated streets and alleys, deteriorated sidewalks, and functionally obsolescent, and the
capital projects have helped, and continue to help, eliminate these blighting conditions;
THEREFORE BE IT RESOLVED, that the Town Council of the Town of Los Gatos does
hereby consent to the provision of funding for the Capital Projects by the Los Gatos Redevelopment
Agency in accordance with the Agency's FY 2009/10 Operating and FY 2009/10 - 2013 /14 Capital
Improvement Program budgets totaling adopted revenues of $9,150,920 and expenditures of $7,782,180
(prior to carry- forward appropriations); and
BE IT FURTHER RESOLVED, that the Agency Board hereby finds that the Projects are of
benefit to the Project Area and the immediate neighborhood of the Project Area; and
BE IT FURTHER RESOLVED, that the Agency Board hereby finds that no other reasonable
means of financing such public improvements are available to the community; and
BE IT FURTHER RESOLVED, that the Agency Board hereby finds that the Los Gatos
Redevelopment Agency's contribution to the cost of the public improvements will assist in eliminating
blighting conditions in the Project Area, and is consistent with the Implementation Plan.
BE IT FURTHER RESOLVED, that the Agency Board hereby directs staff that any changes or
impacts resulting from: Council approval of the meet and confer process or management compensation
plan; from classification adjustments or miscellaneous corrections; from changes due to more refined
estimates or grant approvals; or from further Agency Board consensus direction received June 1, 2009, be
incorporated within the final FY 2009/10 Operating and Capital Budget.
PASSED AND ADOPTED at a regular meeting of the Redevelopment Agency of the Town of
Los Gatos held the 1 st day of June, 2009, by the following vote:
COUNCIL:
AYES: Diane McNutt, Joe Pirzynski, Steve Rice, Barbara Spector, and Mayor Mike Wasserman
NAYS:
ABSENT:
ABSTAIN:
Z EST:
RI OF THE TOWN OF LOS GATOS
GATOS, C:AL'IFORNIA
SIGNED:
MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA