2013-021 - Approve FY 2013/14 Operating Budget and FY 2013/14-2017/18 CIPRESOLUTION 2013 -021
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
APPROVING THE FY 2013114 OPERATING BUDGET AND FY 2013/14 — FY 2017/18
CAPITAL BUDGET AND OTHER APPROVED APPROPRIATIONS RELATED TO
COMMUNITY RESOURCE OFFICER INTERN PILOT PROGRAM, ONLINE
DEVELOPMENT ACTIVITY AND PERMIT TRACKING, ARTS FUNDING, AND
MINOR CORRECTIONS
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 submitted a proposed budget for the FY 2013/14 to
the Town Council; and
WHEREAS, the Town Manager submitted a proposed five -year capital
improvement plan for FY 2013/14 — FY 2017/18; and
WHEREAS, the Town Council has considered and reviewed said proposed budget
and capital improvement plan during public hearings.
NOW, THEREFORE, BE IT RESOLVED, that the Town Council hereby adopts
as the budget for the Town of Los Gatos for the 2013/14 fiscal year the schedule entitled "Total
Town Revenues By Fund and Total Town Expenditures By Fund (Exhibit A) including the first
year (FY 2013/14) of the Town's Capital Improvement Program budget as contained in the
Town's FY's 2013/14 — 2017/18 Capital Improvement Plan.
BE IT FURTHER RESOLVED, that the final adopted budget includes approved
appropriations for unspent prior year allocations, 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, 2013;
RESOLVED, Town Council authorizes the Town Manager to implement a one year
pilot Community Resource Officer Intern Program fund the implementation of online
development and permit tracking systems and allocate funds to the Arts Council Commission for
community arts projects; and
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of
Los Gatos held on the 4th day of June, 2013 by the following vote:
COUNCIL MEMBERS:
AYES: Marcia Jensen, Steven Leonardis, Diane McNutt, Joe Pirzynski, and Mayor Barbara Spector
NAYS:
ABSENT:
ABSTAIN:
'OR OF THE TOWN OF LOS GATOS
GATOS, CALIFORNIA
ATTEST: 0
LC—L'5�K OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
TOTAL TOWN REVENUES BY FUND AND TOTAL TOWN EXPENDITURES BY FUND
2013 /14 Estimated 2013/14
Proposed Budget Recommended
Budget Revision Budget
TOWN REVENUES & OTHER FUNDING SOURCES
General Fund
$ 33,726,739
$ 33,726,739
Special Revenue Funds
439,743
439,743
Internal Service Funds
4,524,098
4,524,098
Trust & Agency Funds
46,004
46,004
Capital Project Funds (does not include canyforwards)
5,654,025
5,654,025
TOTAL TOWN REVENUES & OTHER FUNDING SOURCES $ 48,585,818 $ - $ 48,585,818
TOTAL TOWN EXPFIYDTTURES, TRANSFERS OUT & CARRYFORWARD APPROPRIATION
General Fund $ 36,394,937 $ 101,240 $ 36,496,177
Special Revenue Funds 443,711 443,711
Internal Service Funds 5,286,382 5,286,382
Trust & Agency Funds
Capital Project Funds (does not include carryforwards)
320,533
4,938,868
320,533
4,938,868
TOTALTOWN EXPENDITURE& OTHER FUNDING USES $ 51,579,497 $ 101,240 $ 51,680,737
TOTAL SOURCE{USE) OF FUND BALANCES $ (2,993,679) $ (101,240) $ (3,094,919)
EXHIBIT A