CDC - Item 2 - Rosemead Community Development Commission Budget`K
z' .
TO: HONORABLE CHAIRMAN
AND MEMBERS
ROSEMEAD COMMUNITY DEVELOPMENT COMMSSION
FROM: BILL Cl, EXECUTIVE DIRECTOR .
DATE: JUNE 18, 2002
RE: RESOLUTION NO. 2002-09 ADOPTING 2002-03 ROSEMEAD
COMMUNITY DEVELOPMENT COMMISSION BUDGET
Attached for your consideration is a copy of Resolution No. 2002-09 adopting the
2002-03 Annual Budget.
RECOMMENDATION:
After any amendments, it would be appropriate for the Rosemead Community
Development Commission to adopt Resolution No. 2002-09 Annual Budget.
COMMISSION AGENDA
JUN 2 5 2002
ITEM No. oZ1.
Rosemead Community Development Commission
RCDC 8838 East Valley Boulevard, CA 91770 Tel 626.569.2100 Fax 626.307.9218
RESOLUTION NO. 2002-09
A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL
YEAR 2002-03 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED
WHEREAS, an Annual Budget for the Community Development Commission for
the fiscal year commencing July 1, 2002 and ending June 30, 2003 was submitted to
the Agency members and is on file in the City Clerk's office.
Now, THEREFORE, THE COMMUNITY DEVELOPMENT COMMISSION MEMBERS
OF THE ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION DO RESOLVE AS
FOLLOWS:
Section 1. The Budget is adopted as the Annual Budget of the Rosemead
Community Development Commission for the fiscal year commencing July 1, 2002
and ending June 30, 2003.
Section 2. There is hereby appropriated to each account set forth in the
"Summary of Expenditures by Category" of said budget attached hereto, and made a
part hereof as though fully set forth and the Executive Director is authorized and
empowered to expend such sum for the purpose of such account, but with no
expenditure by any office or department for any item within an account shall exceed
the amount budgeted therefore without prior written approval of the Chairman.
PASSED, APPROVED and ADOPTED this 25th day of June, 2002.
Executive Director of the Community
Development Commission
ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION
SUMMARY OF EXPENDITURES BY CATEGORY
REDEVELOPMENT FUNDS
2000-01 2001-02
Actual Projected
ADMINISTRATIVE (Cost Center 4210):
2002-03
Budgeted
Agency Salaries
$2,850
$1,800
$0
Legal Fees (Project Area No. 1)
15,191
36,000
25,000
Legal Fees (Project Area No. 2)
10,863
5,000
25,000
Auditing Fees
13,819
13,800
14,500
Other Financial Services
2,000
3,000
4,000
Professional Services (Prof Area 1)
0
0
86,400
Professional Services (Proj Area 2)
0
0
33,600
Fiscal Agent Services
7,955.
6,660
9,000
Department Supplies
30
500 "
500
Miscellaneous Expense
77,412
72,110
73,000
Travel and Meeting Expenses
150
0
3,000
Membership/Subscription
2,514
2,600
10,500
City Services (Project Area 1)
953,500
947,300
947,300
City Services (Project Area 2)
0
0
378,920
Special Equipment
0
2,800
0
TOTAL ADMINISTRATIVE
$1,086,284
$1,091,570
$1,610,720
SPECIAL PROJECTS (Cost Center 4215):
NPDES
$7,985
$2,500
$25,000
Congestion Management Program
385
300
0
General Plan Update
0
0
180,000
Miscellaneous Expense
- 0
177,990-
0
City Hall Renovation - Phase III
58,429
150,000
1,200,000
Rosemead Community Recreation
Center Improvements
14,496
13,000
110,000
Rosemead Park Improvements
336,544
37,000
95,200
Rosemead Pool Improvements
239,472
34,000
7,500
Zapopan Center Improvements
2,357
2,000
0
Zapopan Park Improvements
0
0
65,000
Garvey Park Improvements
12,438
5,200
204,000
Garvey Pool Improvements
4,714
1,800
40,500
City Hall Fountain Rehabilitation
2,221
0
0
Garvey Park Satellite (Public
Safety Annex)
5,193
. 0
0
- ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION
SUMMARY OF EX
PENDITURES BY CATEGORY
REDEV
ELOPMENT FUNDS
2000-01
2001-02
2002-03
Actual
Projected
Budgeted
SPECIAL PROJECTS (cont.):
Redevelopment Project Area No. 2
($11,410)
$0
$0
Pavement Management Study
11,310
1,690
0
Garvey Community Center
136,023
2,055,000
916,000
Garvey Community Center (Special Equip)
0
0
49,400
Walnut Grove Bridge/Alhambra Wash
1,455
85,000
0
Garvey Avenue Bridge/Rio Hondo Wash
7,015
2,500-
8,000
Hellman Avenue Bridge/Alhambra Wash
5,132
48,000
450,000
Abilene Street
284,429
710
0
Valley Boulevard Marketing Program
11,449
1,920
0
Commercial Rehabilitation
.0
45,000
150,000
Economic Development Program
0
0
495,000
TOTAL SPECIAL PROJECTS
$1,129,637.
$2,663,610
$3,995,600
STREET PROJECTS (Cost Center 4501):
Supportive Engineering
$49,976
$65,000
$80,000
San Gabriel Blvd. Beautification
180
0
0
Walnut Grove Off ramp (Hellman Avenue)
0
0
0
Walnut Grove Beautification
6,740
0
0
San Gabriel Boulevard Improvements
0
0
145,000
Virginia Street Improvements
0
0
45,000
Street Resurfacing (2000-01)
102,082
0
0
Slurry Seal (1998-99)
61,504
0
0
Street Resurfacing (2000-01)
0
0
0
TOTAL STREET PROJECTS
$220,482
$65,000
$270,000
ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION
SUMMARY OF EXPENDITURES BY CATEGORY
REDE
VELOPMENT FUNDS
-
2000-01
2001-02
2002-03
Actual
Projected
Budgeted
TRAFFIC SIGNALS (Cost Center 4531):
Traffic Study
$10,940
$12,000
$13,500
Garvey Senior Housing - Traffic Signal
(2,250)
125,000
0
Hellman @ Jackson Traffic Signal
19,493,
12,500
2,500
'
•
r
TOTAL TRAFFIC SIGNALS
$28,183
$149,500
$16,000
TRANSFER TO:
RHDC
$800,000
$6,120,000
$1,445,000
Debt Service Fund
2,130,542
2,272,060
2,306,070
TOTAL TRANSERS
$2,930,542
$8,392,060
$3,751,070
REDEVELOPMENT FUNDS TOTAL
$5,395,128
$12,361,740
$9,643,390