1995-089-Approving Fiscal Year 1995-96 Operating BudgetRESOLUTION 1995 - 89
RESOLUTION OF THE TOWN OF LOS GATOS
APPROVING FISCAL YEAR 1995 -96 OPERATING BUDGET
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 1995 -96 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 1995 -96 fiscal year
those schedules entitled "1995 -96 Schedule of Fund Balances:, 1995 -96 General Fund Revenue ",
"Expenditure Budget Summary ", and "1995 -96 Summary of Transfers ", attached hereto.
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los
Gatos, California, held on the 19th day of June, 1995 by the following vote.
COUNCIL MEMBERS:
AYES: Randy Attaway, Joanne Benjamin, Steven Blanton, Linda Lubeck,
Mayor Patrick O'Laughlin.
NAYS: None
ABSENT: None
ABSTAIN: None
SIGNED:
MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
ATTEST:
CLERK OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
General Fund
General Fund Reserves
Los Gatos Blvd. Plan Study
Economic Uncertainty
Build Maintenance
PERS (AB702) Rate Adj.
Productivity Improvements
Computer Maint. Reserve
Total Unrestricted Reserves
TOTAL GENERAL FUND
CDBG
Transit Development
Mediation Arbitration
BMP Housing
Solid Waste Management
Non -Point Source
Redevelopment Agency
Housing Set -Aside
Sanitary Sewer
Landscape & Lightening
1990 -96 SCHEDULE OF FUND BALANCES
Estimated Estimated
Balance Plus Plus Less Less Balance
7/1/95 Revenues Transfer In Available Approp. Transfers Out 6130/96
$66,400 $12,685,180 $618,890 $13,370,470 $11,922,910 $1,444,220 $3,340
$5,000
$5,000
$5,000
$1,071,760
$1,071,760
$1,071,760
$175,000
$175,000
$175,000
$687,290
$687,290
$228,900 $458,390
$20,000
$20,000
$20,000
$63,000
$63,000 __..
$22,000 $41,000
$2,022,050
$0
$0
$2,022,050
$0
$250,900
$1,771,150
$2,088,450
$12,685,180
$618,890
$15,392,520
$11,922,910
$1,695,120
$1,774,490
5,010
$44,430
$49,440
$24,430
$20,000
$5,010
$50,120
$272,630
$322,750
$280,080
$42,670
$15,470
$53,500
$68,970
$49,810
$19,160
$142,680
$3,800
$146,480
$8,000
$138,480
$118,610
$171,000
$289,610
$161,600
$27,960
$100,050
$21,910
$246,970
$268,880
$179,260
$67,710
$21,910
($68,654)
$381,922
$313,268
$554,290
7,000
($248,022)
$140,624
$98,455
$239,079
$34,190
$204,889
$0
$364,180
$364,180
$272,470
$91,710
$0
$21,390
$9,090
$60,960
$10,780
$1,860
$48,320
N:\BUD94-95\SCHFND96.XLS
1990 -96 SCHEDULE OF FUND BALANCES
Estimated Estimated
Balance Plus Plus Less Less Balance
7/1195 Revenues Transferm Available Approp. Transfers Out 6130196
Open Space Districts $3,400 $15,000 $36,800 $1,430 $250 $35,120
Traffic Safety
$0
$31,000
$31,000
$0
$31,000
$0
Equipt Replace Fund & Reserve
$1,352,680
$389,500
$365,780
$2,107,960
$1,476,840
$961,120
Self- Insurance & Reserve
$528,470
$68,800
$360,430
$957,700
$589,880
$617,820
Workers' Comp & Reserve
$1,182,470
$259,220
$1,441,690
$655,480
$115,000
$1,171,210
1962 Muni Improv. Bond
$2,270
$0
$2,270
$0
$2,270
$0
1992 COP'S & Reserve
$1,985,400
$12,000
$1,997,400
$1,997,400
TOTAL DEPT SERVICE
$1,987,670
$12,000
$1,999,670
$0
$1,997,400
Los Gatos Creek Trail
$40,010
$112,117
$152,127
$112,700
$39,427
Gas Tax
$740,050
$562,762
$787,300
$2,090,112
$1,469,560
$72,520
$548,032
Const. Tax - Capital
$384,726
$483,754
$868,480
$802,680
$65,800
Const. Tax - Parks
$136,859
$62,501
$199,359
$163,800
$35,559
Const. Tax - Utility
$1,068,670
$77,762
$1,146,432
$0
$1,146,432
TOTAL CONTS. TAX
$1,590,254
$624,017
$2,214,271
$966,480
$0
$1,247,791
Storm Drain Basin #1
$44,640
$14,942
$59,581
$0
$59,581
Storm Drain Basin #2
($260)
$22,200
$21,940
$0
$21,940
Storm Drain Basin #3
$48,114
$4,496
$52,609
$0
$52,609
TOTAL STORM DRAINS
$92,493
$41,638
$0
$134,131
$0
$0
$134,131
Parking Program
$25,050
$0
$25,050
$25,000
$50
Hazardous Mitigation
$800,000
$800,000
$800,000
Loma Prieta Quake
($316,500)
$311,040
($5,460)
$2,000
($7,460)
GRAND TOTAL $10,561,657 $16,758,251 $2,132,400 $29,501,188 $16,797,190 $2,132,400 $9,651,598
* Loma Prieta Quake final loss will be covered by the Reserve for Economic Uncertainty
N: \B U D94 -95 \S CHFN D96. X LS
1995 -96 GENERAL FUND REVENUE
6/14/95 5'.54 PM XV NABUD94- 95 \REV$96.XLS
1993 -94
1994.95
1995.96
1995.96
ACTUAL
BUDGET
PROPOSED
ADOPTED
PROPERTY TAXES
2,745,660
2,652,460
2,717,900
2,717,900
SALES & USE TAX
4,151,890
4,351,520
4,499,510
4,499,510
OTHER TAXES
1,298,120
1,313,710
1,428,760
1,428,760
TOTAL LICENSES & PERMITS
1,201,460
1,185,000
1,188,600
1,188,600
TOTAL INTERGOVERNMENTAL
1,294,440
1,058,990
1,094,550
1,094,550
TOTAL CURRENT SERVICE CHARGES
768,920
838,340
721,860
721,860
TOTAL FINES & FORFEITURES
220,300
434,500
286,500
286,500
TOTAL INTEREST INCOME
535,340
677,800
630,000
630,000
TOTAL OTHER SOURCES
278,870
113,800
117,500
117,500
TOTAL FUND TRANSFERS
581,910
385,720
360,990
367,990
TOTAL ON -GOING
$13,076,910
$13,011,840
$13,046,170
$13,053,170
PER'S RESERVE
132,700
228,900
228,900
FUND BLANCE
250,000
74,800
0
66,400
COMPUTER MAINTENANCE RESERVE
19,000
22,000
22,000
GRAND TOTAL
$13,326,910
$13,238,340
$13,297,070
$13,370,470
6/14/95 5'.54 PM XV NABUD94- 95 \REV$96.XLS
1995 -4fo EXPENDITURE BUDGET SUMMARY
GRAND TOTAL EXPENDITURES
LESS INTERFUND CONTRIBUTIONS
TOTAL EXPENDITURES, ALL FUNDS
GENERAL FUND OPERATING PROGRAMS
TOWN COUNCIL
TOWN TREASURER
TOWN CLERK
TOWN ATTORNEY
TOWN MANAGER
NON - DEPARTMENTAL EXPENSES
PLANNING
BUILDING
POLICE
LIBRARY
PARKS, FORESTRY, MAINT.
COMMUNITY SERVICES
TOTAL OPERATING PROGRAMS
GENERAL FUND OPERATING EXPENSES
SALARIES
BENEFITS
MATERIALS
CAPITAL
TRANSFERS
TOTAL OPERATING EXPENSES
17,866,270 19,584,230 19,120,510 19,201,780
- 1,947,170 - 2,093,130 - 2,125,400 - 2,132,400
15, 919,100 17, 491,100 16,995,110 17, 069, 380
39,460
1993 -94
1994 -95
1995 -96
1995 -96
33,880
ACTUAL
BUDGETED
PROPOSED
ADOPTED
117,360
117,360
249,030
OPERATING PROGRAMS
12,331,260
13,235,560
13,292,860
13,367,130
SPECIAL FUND PROGRAMS
1,372,320
1,364,130
1,811,830
1,818,830
INTERNAL SERVICE FUNDS
1,895,430
1,436,260
1,367,290
1,367,290
DEBT SERVICE FUNDS
343,800
299,750
2,270
2,270
CAPITAL IMPROVEMENT FUNDS
1,923,460
3,248,530
2,646,260
2,646,260
GRAND TOTAL EXPENDITURES
LESS INTERFUND CONTRIBUTIONS
TOTAL EXPENDITURES, ALL FUNDS
GENERAL FUND OPERATING PROGRAMS
TOWN COUNCIL
TOWN TREASURER
TOWN CLERK
TOWN ATTORNEY
TOWN MANAGER
NON - DEPARTMENTAL EXPENSES
PLANNING
BUILDING
POLICE
LIBRARY
PARKS, FORESTRY, MAINT.
COMMUNITY SERVICES
TOTAL OPERATING PROGRAMS
GENERAL FUND OPERATING EXPENSES
SALARIES
BENEFITS
MATERIALS
CAPITAL
TRANSFERS
TOTAL OPERATING EXPENSES
17,866,270 19,584,230 19,120,510 19,201,780
- 1,947,170 - 2,093,130 - 2,125,400 - 2,132,400
15, 919,100 17, 491,100 16,995,110 17, 069, 380
39,460
49,180
53,730
53,730
27,420
33,880
33,630
33,630
132,240
122,270
117,360
117,360
249,030
263,270
261,300
261,300
766,940
764,410
741,740
741,740
1,611,750
2,327,870
2,180,260
2,194,080
699,350
675,420
635,010
639,810
821,700
800,430
794,490
794,490
5,060,780
5,084,180
5,328,800
5,337,880
909,210
914,620
937,940
971,510
1,611,310
1,795,230
1,791,770
1,804,770
402,070
404,800
416,830
416,830
12, 331, 260
13, 235, 560
13,292,860
13,367,130
6,973,770
6,774,570
6,963,190
6,992,940
2,051,800
2,393,850
2,337,100
2,354,800
2,477,540
2,906,460
2,823,240
2,850,060
122,620
33,600
21,600
21,600
705,530
1,127,080
1,147,730
1,147,730
12,331,260
13,235,560
13,292,860
13,367,130
N:IEXPSUM96.XLS
1995 -96 EXPENDITURE BUDGET SUMMARY
SPECIAL FUND PROGRAMS
LANDSCAPE & LIGHTING DISTRICTS
OPEN SPACE MAINTENANCE DISTRICTS
NON -POINT SOURCE
COMMUNITY DEVELOP. BLOCK GRANT
SOLID WASTE MANAGEMENT
SANITARY SEWERS
TRAFFIC SAFETY
RENTAL MEDIATION
TRANSIT ASSIST
LOMA PRIETA QUAKE RECOVERY
BELOW MARKET PRICE HOUSING
HOUSING SET -ASIDE
REDEVELOPMENT AGENCY
TOTAL SPECIAL FUND PROGRAMS
INTERNAL SERVICE FUNDS
WORKERS COMPENSATION
EQUIPMENT REPLACEMENT
LIABILITY SELF INSURANCE
TOTAL INTERNAL SERVICE FUNDS
DEBT SERVICE FUNDS
1962 MUNI BONDS
1992 CERTIFICATES OF PARTICIPATION
TOTAL DEBT SERVICE FUNDS
CAPITAL IMPROVEMENT FUNDS
LOS GATOS CREEK TRAIL
DOWNTOWN PARKING
GAS TAX
CONSTRUCTION TAX, CAPITAL
CONSTRUCTION TAX, PARKS
CONSTRUCTION TAX, UTILITY UNDERGRD
STORM DRAIN BASIN #1
STORM DRAIN BASIN #2
STORM DRAIN BASIN #3
TOTAL CAPITAL IMPROVEMENT FUNDS
1993 -94 1994 -95 1995 -96 1995 -96
ACTUAL BUDGETED PROPOSED ADOPTED
7,160
14,810
12,640
12,640
1940
1,410
1,680
1,680
199760
244,420
246,970
246,970
23,220
58,250
44,430
44,430
194,970
204,650
189,560
189,560
304,560
335,770
364,180
364,180
29,100
80,000
31,000
31,000
41,460
45,670
49,810
49,810
276,100
326,510
280,080
280,080
0
5,000
2,000
2,000
6,730
8,000
8,000
8,000
10,770
32,140
34,190
34,190
276,550
7,500
547,290
554,290
1,372,320 1,364,130 1,811,830 1,818,830
249,290
825,000
770,480
770,480
1,158,560
0
6,930
6,930
487,580
611,260
589,880
589,880
1,895,430
1,436,260
1,367,290
1,367,290
72,390
45,790
2,270
2,270
271,410
253,960
0
0
343,800
299,750
2,270
2,270
466,650
542,790
112,700
112,700
44,560
57,590
25,000
25,000
295,940
2,282,130
1,542,080
1,542,080
574,480
328,020
802,680
802,680
60,450
38,000
163,800
163,800
91,310
0
0
0
316,260
0
0
0
73,810
0
0
0
0
0
0
0
1,923,460 3,248,530 2,646,260 2,646,260
NAEXPSUM96.XLS
1995 -96 SUMMARY OF TRANSFERS
FROM
PERS (AB702) Reserves
Computer Mainteneace Reserve
Traffic Safety /Fines & Forfeitures
Solid Waste Management
HCDA
Non -Point Source
Sewer Maintenance
Land & Light 1 &2 &3
Open Space Summary
Gas Tax
Worker's Comp Self - Ins
Municipal Improvement Bonds
Redevelopment Agency
SUB TOTAL GENERAL FUND TRANSFER IN
General Fund /Police Dept.
General Fund
General Fund
General Fund
ffel
General Fund
General Fund
General Fund
General Fund
General Fund
General Fund
General Fund
General Fund
General Fund
General Fund
General Fund
General Fund
General Fund
Equipment Replacement Fund
Equipment Replacement Fund
Gas Tax Fund
Self Insurance Fund
SUB TOTAL GENERAL FUND TRANSFER OUT
Non -Point Source Fund
Sewer Maintenance Fund
TOTAL TRANSFERS
Equipment Replacement Fund
Equipment Replacement Fund
XIX
AMOUNT
228,900
22,000
31,000
27,960
20,000
36,420
53,710
1,860
250
72,520
115,000
2,270
7,000
$618,890
19,990
276,500
787,300
360,430
$1,444,220
31,290
38,000
$2,132,400
EXPSUM96.XLS transfers