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CC Resolution No. 5327 ~ • RESOLUTION N0. 5327 A RESOLUTION OF THE CITY COUNCIL OF TtIB CITY OF CUPERTINO BEINC A RESOLUTION PROVIDING FOR RESERVES FOR OPERATING AND CAPITAL EXPENDITURES OF FUTURE YEARS WFiEREAS, the City Council has adopted a Final Operating Budget for Fiscal Year 1980-81; and WNEREAS, funds needed to finance the adopted budget are, in part, provided by funds carried over from fiscal year 1979-1980; and WHEREAS, the City oE Cupertino~s definition for Unencumbered Fund Balances at the end oE a fiscal year includes amounts Iden[ified in the Annual Financial Report as F(IND BAl.ANCE and/or RETAINED EARNINGS. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Cupertino [ha[ such sums encumbered at June 30, 1980, are hereby appropria[ed as follows: Genreal Fund reserves will be distributed equally between the Highway 85 Tcanspor- tation Corridor, Capital Improvements, and Ex~enditures of Future Years; other fund balances will be placed in Expenditures of Future Years. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 23rd day of June , 1980 by the following vote; Vo[e Members of the City Council AYES: Ga[to, Plungy, Sparks, Rogers NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: a~~.~ - - y C1[y Clerk M or, City o Cupertin ' / 1 ~ • , City of Cupertino Spending Limit Summary • Schedule of Appropriation Subject to Limit Base Year Fiscal Year 1978-79 Total 1978-79 Appropriation (Excluding Debt Service) $8,936,353 $ Less - Non Proceeds of taxes (1,863,209) Add - Excess Usec Fees 38.b94 Appropria[ion Subject [o Limit 1978-79 Base Year $7,111,838 Fiscal Year 1979-80 Appropriation Base 7,111,838 Change in Per Capi[a personal income (Per Cent) 12.39 Change in Popula[ion (Per Cen[) 2 Appropriation Limit $8,152,855 Fiscal Year 1980-81 Appropriation Base 8,152,855 Change in Per Capita personal income (Per Cent) 12.5 * Change in Population (Per Cent) 62 Appropriation Limit $14,858,578 * Eatima[ed State per capita personal incomc Change in popula[ion resul[ing from the boundnry ad~ustment with Sun Jose _ , . ~ City oE Cupertino ' SPENDING LIMITATION SUtQ1ARY , SCHEDULE OF REVEW E 1978-79 BASE Proceeds Non- of Proceeds Taxes oF Taxes TAXES Property Taxes $ 127,394 S Sales Tax 2.780,340 Property Transfer Tax 63,638 . . Franchise Fees Paclfic Gas S Electric 150,482 San lose Water Works 3,184 California Water 4,932 Los Altos Garbage 61,832 Cable T.V. 600 Cupertino Water 13,573 B~siness License 64,281 LICENSES AND PERNlITS Bicycle License 2,333 Construction Permits 107,689 FINES, FORFEITS AND PENALTIES Fines 158,292 :SISCELLANEOUS [Jater Employee Service 48,050 Weed Abatement ~271) REVENUE FROid OTHER AGENCIES Alcoholic Beverage 16~437 Mo[or Vehicle In-Lieu 359,777 Gas Tax 358,810 Homeowners Property Tax 9,080 Business Inventory Tax 6,672 Trailer Coach Fees In-Lieu 2,287 Highway Carriers Buainess Tax 3.584 Off Highway Vehicle Tax 199 Library Reimbursement 7.577 State Grants 17,084 CETA 148,448 Cigarette Tax 128,274 Federal Grant 137,Z47 REVENUE FROM USE OF PROPERTY 6 MONEY Investment Earninga 324,084 191,974 OEfice Rental 6,»8 Miscellaneous 36,959 Invoice Billings 58,541 - 1 - ~ ~ . City of Cupertino • SPGNDING LIMITATION SUPL"IARY SCNEDULE OF REVENUGS 1978-79 BASE Proceeds Non- oE Proceeds Taxes of Taxes CHARGES FOR CURRENT SERVICE Zoning 6 Planning Fees $ $ 4,608 Plan Check Fees 30,252 Salc Publica[ion 2,053 Engineering Fees 164,834 Recreation Program Fees 138,728 Storm Drain Fees 116,592 Park Dedication Tax 32,545 Construction Tax 39,224 Environmental Impact 33,500 Contribution in Aid of Construction 421,577 Risk Management 37,941 TOTAL $4,558,806 $1,863,209 - 2 - • ~ ~ , City of C~pertino ~ SPENDINC LIh1IT SUPQfARY • SCHEDULE OF USER FEES TO COST User Fees Aasociated Excess Collected Cost Over Cost Bicycle License 2 333 2 333 $-0- Construction Permits 107,689 Ceneral Building 56,642 Plan Checking 100,370 Building Code Enforcement 133,983 Plan Check Fees 30,252 137,941 290,995 -0- Zoning 6 Planning Fees 4,608 Plannins Commission 13,275 Current Planning 144,995 Mid-Long Range Planning 77,768 4,608 236,038 -0- Engineering Fees 164,834 Engineering 215,283 164,834 215,283 -0- Recreation Program 138,728 Recreation Program Activi[y 1.33,534 138.728 133,534 5,1.94 Storm Drain Fees 116,592 Capital Projects 487,584 116,592 481,584 -0- Environmental Impact 33,500 33,500 85,260 121,760 -0- TOTAL $ 38,694 - 3 -