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CC - 2021-25 - Adopting the City's operating Budget and financial policies for the 2021-22 Fiscal YearRESOLUTION NO. 2021-25 RESOLUTION OF THE COUNCIL OF THE CITY OF ROSEMEAD ADOPTING THE CITY'S OPERATING BUDGET AND FINANCIAL POLICIES FOR THE 2021-22 FISCAL YEAR WHEREAS, appropriations are the legal authority for a City to spend its funds; and WHEREAS, the City Council was presented with a FY 2021-22 Proposed Budget at its May 25, 2021 Budget Workshop. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ROSEMEAD, DOES HEREBY RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS: Section 1. That certain document entitled "City of Rosemead Annual Budget for Fiscal Year 2021-22", a copy of which is on file in the office of the City Clerk and on the City's Web Site, which may hereafter be amended by the Council, is hereby approved as the operating budget for the City of Rosemead for the Fiscal Year 2021-22. Section 2. The proposed operating budget for the City of Rosemead is hereby approved and adopted in the amount of $35,360,800. Appropriations for the General Fund are approved at thedepartment level, with all other funds approved at the fund level. The approved appropriations for all operating funds are contained in Exhibit A attached hereto, and incorporated herein by this reference. Section 3. The Director of Finance, with the approval of the City Manager, is hereby authorized to transfer appropriations as needed from savings available in any department/object account in the budget to other accounts within the same fund to meet overall budget requirements provided the fund is within the approved budget by the City Council. Section 4. That any subsequent Council action prior to June 30, 2021 that has the effect of amending the approved FY 2021-22 Operating Budget will be reflected in the final FY 2021-22 budget document without additional or separate Council action. Section 5. In the case of fee-based programs, if the revenues for such programs exceed the amount budgeted, the City Council hereby authorizes the Finance Director, upon approval of the City Manager, to allow program expenditures to exceed appropriations of said program in the same amount of the increased revenue until amended by the City Council. A semi-annual report shall be made to the Council describing each such action with revisions to the revenue estimate and corresponding appropriation made by a resolution of the City Council. Section 6. Pursuant to the provisions of Section 37208 of the California Government Code, the Council, payroll checks and checks drawn in payment of demands approved by the Finance Director as conforming to the budget as approved by Council resolution, need not be audited by the legislative body prior to payment. Section 7. The City Council hereby adopts the Comprehensive Financial Policies of the City for Fiscal Year 2021-22, as included in the FY 2021-22 City of Rosemead Proposed Budget and without modification, in the FY 2021-22 Adopted Budget as part of this resolution. Section 8. The City Clerk shall certify to the adoption of this resolution and hereafter the same shall be in full force and effect. PASSED, APPROVED, AND ADOPTED this 14th day of June, 2021. APPROVED AS T F RM: achel Richman, City Attorney STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) § CITY OF ROSEMEAD ) 1, \ r, Polly , `V- ayor ATTEST: -- EriS-a�Hennandez, City Clerk I, Ericka Hernandez, City Clerk of the City Council of the City of Rosemead, California, do hereby certify that the foregoing City Council Resolution No. 2021-25 was duly adopted by the City Council of the City of Rosemead, California, at a special meeting thereof held on the 14th day of June 2021, by the following vote, to wit: AYES: ARMENTA, CLARK, DANG, LOW, LY NOES: NONE ABSENT: NONE ABSTAIN: NONE Ericka Hernan e% City Clerk Exhibit A City of Rosemead FY 2021-22 Adopted Operating Budget General Fund by Department 1100 City Council/ Commissions/ City Attorney 731,900 1115 City Clerk 1,2129300 1205 Administration 154649600 1305 Finance 7389400 1325 General Services 9899800 2000 Public Safety 119097,100 3000 Public Works 49040,200 4000 Parks & Recreation 3,5119400 5000 Community Development 1,7289500 231 Total - General Fund 2515145200 Internal Service Funds 505 Technology Replacement 1209000 Total 1209000 Total - Operating Budget 35,3605800 Special Revenue Funds 201 Gas Tax 780,500 202 Road Maintenance & Rehabilitation 206,600 215 Prop A 194675300 220 Prop C 88,500 225 Measure R 1379300 226 Measure M 43,700 228 American Rescue Plan 135009000 23o AQMD 105100 231 Clean Water Program 5025500 232 Other Grants 80,000 245 Street Lighting District 800,100 260 CDBG 19974,600 275 HOME Grant 2,13 5,400 Total 95726,600 Internal Service Funds 505 Technology Replacement 1209000 Total 1209000 Total - Operating Budget 35,3605800