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CDC - 2004-10 - Adopting Annual Budget for 2004-05 FYRESOLUTION NO. 2004 -10 A RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 2004 -05 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED WHEREAS, an Annual Budget for the Community Development Commission for the fiscal year commencing July 1,.2004 and ending June 30, 2005 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, 2004 and ending June 30, 2005. 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 8th day of June, 2004. ATTEST: Agency Secretary �S Executiv61 Director of the Community Development Commission I hereby certify that the foregoing Resolution No. 2004 -10 was duly and regularly adopted by the Rosemead Community Development.Commission at a regular meeting held on the 8th day of Juii ROSEOAD COMMUNITY DEVELOPMENT 41MMISSION SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS ADMINISTRATIVE (Cost Center 4210): Legal Fees (Project Area No. 1) Legal Fees (Project Area No. 2) Auditing Fees Other Financial Services Professional Services (Proj Area 1) Professional Services (Proj Area 2) Fiscal Agent Services Department Supplies Miscellaneous Expense Travel and Meeting Expenses Membership /Subscription City Services (Project Area 1) City Services (Project Area 2) C /O: Vehicle 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 Redevelopment Project Area No. 2 Pavement Management Study Garvey Community Center Garvey Community Center (Special Equip) Walnut Grove Bridge /Alhambra Wash Hellman Avenue Bridge /Alhambra Wash Economic Development Program ADA Park Improvements 2002 -03 2003 -04 2004 -05 Actual Projected Budgeted 12,826 60,000 600,000 $ 50,745 $ 65,000 $ 70,000 10,767 5,000 10,000 13,831 17,000 18,000 0 2,500 2,500 17,715 10,000 40,000 0 10,000 20,000 5,022 8,000 8,000 0 0 500 156,754 76,500 77,000 288 500 500 2,520 2,600 2,600 967,995 947,300 947,300 378,920 378,920 378,920 0 0 11,500 $ 1,604,557 $ 1,523,320 $ 1,586,820 $ 16,690 $ 15,000 $ 50,000 0 0 150,000 12,826 60,000 600,000 25,968 50,000 44,300 4,560 16,300 28,400 24,175 0 0 19,276 35,000 109,800 12,103 150,000 0 0 0 26,000 0 0 5,000 0 0 12,500 475,752 20,000 20,000 30,419, 0 0 8,412 0 0 81,670 30,000 390,000 29,403 200,000 500,000 0 98,000 0 ROSEAPAD COMMUNITY DEVELOPMENT AMMISSION SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS SPECIAL PROJECTS (cont.): Jess Gonzalez Sports Complex Commercial Rehabilitation Miscellaneous Expenses 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 TRAFFIC SIGNALS (Cost Center 4531): Traffic Study Hellman @ Jackson Traffic Signal Safe Routes to Schools Traffic Signal Controller Upgrades TOTAL TRAFFIC SIGNALS $ 6,395 $ 17,500 $ 18,000 1,023 500 0 6,036 0 0 0 0 95,000 $ 13,454 $ 18,000 $ 113,000 2002 -03 2003 -04 2004 -05 Actual Projected Budgeted $ $ 6,000 $ 7,500 45,906 30,000 150,000 64,295 0 0 $ 851,455 $ 710,300 $ 2,093,500 $ 58,057 $ 80,000 $ 82,500 (6,901) 0 0 (7,809) 0 0 (6,901) 0 0 (6,901) 0 0 40,675 152,000 1,128,000 380 200 45,000 $ 70,600 $ 232,200 $ 1,255,500 $ 6,395 $ 17,500 $ 18,000 1,023 500 0 6,036 0 0 0 0 95,000 $ 13,454 $ 18,000 $ 113,000 0 ROSEVAD COMMUNITY DEVELOPMENT OMMISSION SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 01 2002 -03 2003 -04 2004 -05 Actual Projected Budgeted TRANSFER TO: RHDC $ 1,392,666 $ - $ - Debt Service Fund 2,170,920 2,169,930 2,301,760 TOTALTRANSERS $ 3,563,586 $ 2,169,930 $ 2,301,760 REDEVELOPMENT FUNDS TOTAL $ 6,103,652 $ 4,653,750 $ 7,350,580 01