CDC - 2005-08 - Adopting Annuall Budget for 2005-06 FYRESOLUTION NO. 2005-08
A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION
OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL
YEAR 2005-06 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED
WHEREAS, an Annual Budget for the Community Development Commission for the
fiscal year commencing July 1, 2005 and ending June 30, 2006 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, 2005 and
ending June 30, 2006.
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 Executive Director.
PASSED, APPROVED and ADOPTED this 28th day of June, 2005.
c 7.A'7ES7_
Agency Sectetary
E cut Director of the Co munity
Development Commission
I hereby certify that the foregoing Resolution No.
2005-08 was duly and regularly adopted by the
Rosemead Community Development Commission at a
regular meeting held on the 28th day of June 2005,
by the following vote:
Yes: Clark, Imperial, Taylor, Nunez, Tran
No: None, Absent: None, Abstain: none
Cit Clerk
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ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION
SUMMARY OF EXPENDITURES BY CATEGORY
REDEVELOPMENT FUNDS
2003-04
2004-05
Actual
Projected
ADMINISTRATIVE (Cost Center 4210):
Legal Fees (Project Area No. 1)
$ 66,513
$ 90,000
Legal Fees (Project Area No. 2)
0
8,000
Auditing Fees
16,931
13,600
Other Financial Services
1,920
2,800
Professional Services (Proj Area 1)
0
0
Professional Services (Proj Area 2)
0
0
Fiscal Agent Services
4,900
4,700
Department Supplies
60
200
Miscellaneous Expense
76,944
70,000
Travel and Meeting Expenses
190
0
-Membership/Subscription
2,520
2,600
City Services (Project Area 1)
947,300
947,300
City Services (Project Area 2)
378,920
378,920
C/O: Vehicle
0
11,100
TOTAL ADMINISTRATIVE
SPECIAL PROJECTS (Cost Center 4215):
NPDES
General Plan Update
City Hall Renovation - Phase III
Rosemead Community Recreation
Center Improvements
Rosemead Park Improvements
Rosemead Pool Improvements
Garvey Park Improvements
Garvey Pool Improvements
Sally Tanner Improvements
Pavement Management Study
Fern Sidewalk
Garvey Community Center
Garvey Community Center (Special Equip)
Walnut Grove Bridge/Alhambra Wash
Hellman Avenue Bridge/Alhambra Wash
Economic Development Program
2005-06
Budgeted
40,000
10,000
18,000
2,800
0
0
5,000
500
77,000
500
2,600
947,300
378,920
0
$ 1,496,198
$ 1,529,220
$ 1,482,620
$ 9,471
$ 10,000
$ 75,000
0
0
200,000
45,347
50,000
2,750,000
60,726
129,000
47,400
19,104
23,000
64,300
33,460
0
97,930
16,035
57,000
174,900
147,361
11,800
196,300
0
26,000
21,000
0
12,500
0
0
0
225,000
0
12,000
22,600
31,817
0
0
0
0
0
37,534
150,000
250,000
47,751
60,000
800,000
• 0
ADA Park Improvements 88,158 0
ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION
SUMMARY OF EXPENDITURES BY CATEGORY
REDEVELOPMENT FUNDS
SPECIAL PROJECTS (cont.):
Jess Gonzalez Sports Complex
Commercial Rehabilitation
Zapopan Public Safety Center
TOTAL SPECIAL PROJECTS
STREET PROJECTS (Cost Center 4501):
Supportive Engineering
San Gabriel Beautification
Walnut Grove Beautification
Del Mar Beautification
Street Widening
San Gabriel Boulevard Improvements
Virginia Street Improvements
TOTAL STREET PROJECTS
0
2003-04 2004-05 2005-06
Actual Projected Budgeted
$ 3,828 $ 8,300 $ 12,000
20,988 23,000 300,000
0 50,000 200,000
$ 561,580 $ 622,600 $ 5,436,430
$ 62,575 $ 82,500 $ 85,000
(19,549) 0 0
(18,185) 0 0
(7,729) 0 0
0 0 0
152,963 875,000 100,000
188 2,000 45,000
$ 170,263 $ 959,500 $ 230,000
TRAFFIC SIGNALS (Cost Center 4531):
Traffic Study
Hellman @ Jackson Traffic Signal
Hellman @ 1-10 Traffic Signal
Traffic Signal Controller Upgrades
TOTAL TRAFFIC SIGNALS
$ 16,862 $ 18,000 $ 18,500
503 0 0
0 0 140,000
0 0 100,000
$ 17,365 $ 18,000 $ 258,500
• •
ROSEMEAD COMMUNITY DEVELOPMENT COMMISSION
SUMMARY OF EXPENDITURES BY CATEGORY
REDEVELOPMENT FUNDS
2003-04 2004-05 2005-06
Actual Projected Budgeted
TRANSFER TO:
RHDC
Debt Service Fund
$ - $ - $ 40,000
2,304,747 2,301,760 2,302,168
TOTALTRANSERS $ 2,304,747 $ 2,301,760 $ 2,342,168
REDEVELOPMENT FUNDS TOTAL $ 4,550,153 $ 5,431,080 $ 9,749,718