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HomeMy WebLinkAboutReso 2002-333 RESOLUTION NO. 2002-333 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDiNG THE FISCAL YEAR 2003 BUDGET APPROPRIATiNG FUNDS TO COVER THE COST OF THE CONTRACT AMENDMENT BETWEEN THE BOARD OF ADMiNISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF CHULA VISTA TO PROVIDE SECTION 21354.2 (3% ~ 60 FULL FORMULA) BENEFITS TO ALL ACTIVE LOCAL MISCELLANEOUS MEMBERS WHEREAS, on August 28, 2001, the Council approved labor agreements with the City's miscellaneous groups, which included certain retirement benefit enhancements; and WHEREAS, the California Public Employees' Retirement System (CalPERS) contract amendment must be adopted in order to implement the change in the basic pension benefit formula and the appropriation of funds is needed to cover the cost of the contract amendment; and WHEREAS, since the effective date of the recommended contract amendment is approximately half-way through the current fiscal year (12/27/02), the estimated fiscal impact for this fiscal year is an increase in expenditures of $1,786,033; and WHEREAS, Exhibit A sets forth the Fiscal Year 2003 Budget Amendments and Appropriations. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby amend the Fiscal Year 2003 budget, appropriating funds to cover the cost of the CalPERS contract amendment as set forth in Exhibit "A", attached hereto and incorporated herein by reference as if set forth in full. Presented by Approved as to form by ow 1~ J_o)ia/M. Kaheny Assistant City Manager /..C.{ty Attorney ~ Resolution 2002-333 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 27th day of August, 2002, by the following vote: AYES: Councilmembers: Davis, Padilla, Rindone, Salas and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: None Shirley Horto~, Mayor ATTEST: Susan Bigelow, City Clerk ~ STATE OF CALiFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2002-333 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 27th day of August, 2002. Executed this 27th day of August, 2002. Susan Bigelow, City Clerk Exhibit A FY03 Bud et Amendments and A ro riations General Fund Appropriations and Offsetting Revenues Personnel Services City Clerk $17,464.00 City Altomey $18,270.00 Administration $46,151.00 MIS $142,893.00 Human Resources $73,648.00 Finance $65,851.00 Community Development $70,682.00 Planning & Building $72,819.00 Engineering $217,768.00 Police $247,102.00 Fire $223,563.00 Public Works $12,401.00 Parks & Recreation $336,883.00 Libra~/ $62,741.00 Nature Center $133,345.00 Total General Fund Appropriations Parking Meter Fund $1,761,625.80 Central Garage Fund $2,306.00 Total Appropriations Other Funds Total Appropriations $24,508.00 $1,786,033.00 Less: Offsetting Program Revenues Reimbursements Fees $374,848.00 Total Program Revenues $721,033.00 Net Cost to be covered by Discretionary Revenues $1,065,680.00 Other Fund Appropriations needed for General Fund Reimbursements 241 - Pa~ing Meter Fund 317 - Redev Low & Mod Income Hous $.5,383.00 351 - Town Centre Landscp Dist I $20,924.00 352 - Bay Blvd Landscape $191.00 353 - Easflake Maint Dist 1 $46.00 ' 354 - Open Space District I $1,468.00 355 - Open Space District 2 $346.00 356 - Open Space District 3 $73.00 357 - Open Space District 4 $274.00 358 - Open Space District 5 $400.00 359 -Open Space District 6 $213.00 361 - Open Space District 7 $104.00 362 - Open Space District 8 $69.00 363 - Open Space Distdct 9 $306.00 364 -Open Space District 10 $407.00 365 - Open Space District 11 $412.00 367 - Open Space District 14 $806.00 368 ~ Open Space District 15 $1,806.00 369 - Open Space District 17 $107.00 371 ~ Open Space District 18 $24.00 _ 372 - Open Space District 20 $786.00 373 ~ Open Space Distdct 23 $6,597.00 374 ~ Open Space District 24 $85.00 375 - Open Space District 26 $145.00 376 ~ Open Space District 31 $42.00 387 - Cfd 98-3 Sunbow 2 $674.00 388 - Community Facility Dst 97-1 OR $2,783.00 389 - OR Vii 1,2,6,7,12 $5,228.00 401 - Bf Trolley Tda $324.00 541 - Telegraph Cyn Sewer Basin DIF $46.00 571 - PF General Admin $350.00 591 - Trans DIF $27,014.00 611 - Redev BF Town Centre ! Fund $7,006.00 651 - SW/TC II/Oty Vly Proj Areas $40,129.00 Toal Reimbursement Appropriations ~ $t6t,892.00 Transfers Out 294 - ~ewer Service Revenue Fund 301 - Storm Drain Revenue Fund $198,900.00 Total Transfer Appropriations ~ $2t2,056,00 Total Appropriations Other Funds $374,848,00