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RRA - 1995-15 - Adopting Annual Budget 1995-96 FY• Ll RESOLUTION NO. 95-15 , A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF ROSEMEAD ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 1995-96 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED Whereas, an Annual Budget for the Rosemead Redevelopment Agency for the fiscal year commencing July 1, 1995 and ending June 30, 1996 was submitted to the Agency members and is on file in the City Clerk's office. Now, THEREFORE, THE AGENCY MEMBERS OF THE ROSEMEAD REDEVELOPMENT AGENCY DO RESOLVE AS FOLLOWS: Section 1. The Budget is adopted as the Annual Budget of the Rosemead Redevelopment Agency for the fiscal year commencing July 1, 1995 and ending June 30, 1996. 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 27th day of June, 1995. ATTEST: Agency Secretary 1 airman of th Rosemead Redevelopment Agency I hereby certify that the foregoing Resolution No. 95-15 was duly and regularly adopted by the Rosemead Reddvelopment Agency at a regular meeting held on the 27th day of June, 1995, by the following-vote: Yes: Clark,-Bruesch, Vasquez No: Imperial, Taylor, Absent: None; Abstain:None secretary IWOSEMEAD REDEVELOPMENT AONCY SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 1993-94 Actual ADMINISTRATIVE (Cost Center 4210): Agency Salaries Legal Fees Auditing Fees Other Financial Services Fiscal Agent Services Bond Issuance Department Supplies Miscellaneous Expenses Travel and Meeting Expenses Membership/Subscription ERAF Payment Arbitrage Rebate Expense City Services Computer Equipment Special Equipment Vehicle TOTAL ADMINISTRATIVE $2,760 21,228 14,280 732 7,606 13,791 368 351 6,398 2,120 175,295 2,000 947,300 1,643 8,631 10,692 S1,215,195 1994-95 Projected $3,200 35,000 14,500 4,300 13,300 6,500 200 2,500 200 2,500 175,300 4,000 947,300 0 20,250 6,600 $1,235 650 1995-96 Budgeted $3,900 10,000 14,500 1,500 12,500 0 500 0 5,000 2,500 175,300 2,000 947,300 0 49,200 15,000 SPECIAL PROJECTS (Cost Center 4215): NPDES Pavement Management System Congestion Management Program Slurry Seal Projects Concrete Repair Projects Safe Routes to Schools Senior Housing Rosemead Community Recreation Center Improvements Rosemead Park Improvements Rosemead Pool Improvements Zapopan Center Improvements Zapopan Park Improvements Klingerman Park Improvements Garvey Park Improvements Garvey Pool Improvements Garvey Park Satellite Sub-station San Gabriel Blvd. Street Lights $3,144 0 6,883 6,564 5,514 0 7,500 $15,000 7,500 10,000 1,000 75,000 2,000 0 $1,239,200 $175,000 0 10,000 25,000 75,000 0 0 52,195 20,000 130,200 309,234 75,000 0 0 0 75,500 8,522 20,600 15,200 0 70,000 115,000 0 0 17,000 1,254 20,700 70,000 0 0 5,000 7,498 7,500 7,500 10,736 0 . 0 -5- OOSEMEAD REDEVELOPMENT A19NCY SUMMARY OF EXPENDITURES BY CATEGORY REDEVELOPMENT FUNDS 1993-94 1994-95 1995-96 Actual Projected Budgeted SPECIAL PROJECTS (cont.): Handicapped Access Ramp Program $0 $80,000 $20,000 Street Light Installation 0 50,000 160,000 Sewer Master Plan 0 30,000 80,000 Burton Storm Drain 0 200,000 50,000 Bartlett Storm Drain 0 135,000 25,000 Muscatel Storm Drain 0 135,000 25,000 Jess Gonzales Sports Complex 0 7,500 0 TOTAL SPECIAL PROJECTS $419,044 $961,800 $1,080,400 STREET PROJECTS (Cost Center 4501): Supportive Engineering $71,092 $80,000 $80,000 Brighton (Garvey/North End) 12,446 0 0 Garvey Improvements- Phase 1 0 200 0 Fern (River/Stingle) 0 5,000 0 Highcliff (Del Mar[West End) 8,539 80,000 475,000 New Avenue Overlay 90,232 0 0 San Gabrield Blvd. Beautification 0 45,000 475,000 Walnut Grove Offramp (Hellman Avenue) 0 10,000 290,000 Walnut Grove Beautification 0 45,000 475,000 Del Mar Beautification 0 35,000 260,000 Virginia Street 0 0 250,000 Street Resurfacing 87,377 50 0 Street Resurfacing (1994-95) 0 60,000 350,000 Street Resurfacing (1995-96) 0 0 250,000 TOTAL STREET PROJECTS $269,686 $360,250 $2,905,000 TRAFFIC SIGNALS (Cost Center 4531): Traffic Study TOTAL TRAFFIC SIGNALS REDEVELOPMENT FUNDS TOTAL $0 $0 $1,903,925 $0 $0 $2,557,700 $10,000 $10,000 $5,234,600 -6-