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HomeMy WebLinkAbout1995-06-27 - AGENDA REPORTS - SCRDA BUDGET 1995 96 (2)AGENDA REPORT City Mani Item to be UNFINISHED BUSINESS DATE: June 27, 1995 SUBJECT: Redevelopment Agency Budget 1995/96 DEPARTMENT: Community Recovery BACKGROUND George Caravalho This item is on the agenda for adoption of the 1995/96 Operating Budget for the Redevelopment Agency. While the overall Agency Budget is included within the City Budget Document, it is necessary for the Redevelopment Agency to take action to adopt the budget for the upcoming fiscal year. The budget proposed for the upcoming fiscal year totals $502,395. This includes appropriations for items to continue to implement the City Council's direction regarding the Recovery/Redevelopment Agency. Therefore, the proposed budget includes funding for the necessary staff positions as well as continued funding for the Newhall study. In addition the Recovery/Redevelopment Budget reflects a proposed $150,000 for legal services associated with ongoing litigation. Finally, $233,900 is included for anticipated reimbursement to the General Fund. Reimbursements include $23,900 associated with space rental for the agency, $100,000 to offset the Economic Development efforts and $110,000 of funds for salaries and other costs associated with the Recovery/Redevelopment work effort. RECOMMENDATION That the City Council adopt Resolution RDA #95-6 authorizing appropriations of the Redevelopment Agency in the amounts budgeted. ATTACHMENT -j -7- 9s ' Redevelopment Budget opted:(� ______,.fteft Resolution RDA #95-6 Agor.9-mitem: GR A COMMUNITY RECOVERY AGENCY ANNUAL BUDGET CATEGORY: COMMUNITY DEVELOPMENT PROGRAM: COMMUNITY RECOVERY ACTIVITY BUDGET PERSONNEL PUBLICATIONS AND SUBSCRIPTIONS 85-8700-101 SALARY 30,900 85-8700-103 PART-TIME EMPLOYEES 1,500 85-8700-110 OVERTIME 0 85-8700-130 HEALTH AND WELFARE 1,500 85-8700-135 LIFE INSURANCE 200 85-8700-140 LONG TERM DISABILITY INSURANCE 300 85-8700-145 MEDICARE (FICA) 500 85-8700-150 WORKERS' COMPENSATION 700 85-8700-155 PERS 5,000 85-8700-160 DEFERRED COMPENSATION 700 85-8700-165 UNEMPLOYMENT TAXES 200 TOTAL PERSONNEL 41,500 OPERATIONS & MAINTENANCE 85-8700-201 PUBLICATIONS AND SUBSCRIPTIONS 500 85-8700-202 TRAVEL AND TRAINING 0 85-8700-203 MEMBERSHIP/DUES 2,500 85-8700-208 EDUCATIONAL REIMBURSEMENT 0 85-8700-209 AUTOMOBILE ALLOWANCE/MILEAGE 0 85-8700-210 OFFICE SUPPLIES 1,340 85-8700-211 PRINTING 1,340 85-8700-212 POSTAGE 335 85-8700-213 ADVERTISING 670 85-8700-214 FILM PROCESSING 150 85-8700-215 SPECIAL SUPPLIES 150 85-8700-227 CONTRACTUAL SERVICES 7,100 85-8700-230 PROFESSIONAL SERVICES 55,000 85-8700-232 PROMOTION & PUBLICITY 0 85-8700-252 TELEPHONE UTILITIES 2,110 85-8700-260 LEGAL SERVICES 150,000 85-8700-326 INSURANCE REIMBURSEMENT 5,800 85-8700-328 REIMBURSEMENT TO GENERAL FUND 233,900 TOTAL OPERATIONS & MAINTENANCE 460,895 TOTAL 502,395 RESOLUTION NO. RDA 95-6 A RESOLUTION OF THE SANTA CLARITA REDEVELOPMENT AGENCY ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 1995 -1996 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED WHEREAS, a proposed annual budget for the Santa Clarita Redevelopment Agency for the Fiscal Year commencing July 1, 1995, and ending June 30, 1996, was submitted to the Agency Board, and is on file in the Secretary's Office, and WHEREAS, proceedings for adoption of said budget have been duly taken. SECTION 1. The budget attached hereto and included herein by Resolution is adopted as the Annual Budget for the Santa Clarita Redevelopment Agency for Fiscal Year commencing July 1, 1995, and ending June 30, 1996. SECTION 2. There is hereby appropriated to each account set forth in said budget, attached hereto and made a part hereof, the sum shown for such account in the 1995- 1996 budget, and the Agency Executive Director is authorized and empowered to expend such sum for the purpose of such account but no expenditure by any office or department for any item within an account will exceed the amount budgeted therefore without prior approval of the Agency Executive Director. APPROVED AND ADOPTED this day of-, 1995. ATTEST: SECRETARY CHAIRPERSON STATE OF CALIFORNIA COUNTY OF LOS ANGELES CITY OF SANTA CLARITA I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Board of Directors of the Redevelopment Agency of the City of Santa Clarita at a regular meeting thereof, held on the day, of , 1995, by the following vote of the Board: AYES: BOARDMEMBERS NOES: BOARDMEMBERS ABSENT: BOARDMEMBERS ABSTAIN: BOARDMEMBERS SECRETARY