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Home My WebLink AboutRES 03-15RESOLUTION NO'.03-15 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,FOR THE ADOPTION OF THE TENTATIVE BUDGET FOR THE CITY OF APACHE JUNCTION,ARIZONA,FOR FISCAL YEAR 2003-2004, HEREWITH SETTING FORTH THE TENTATIVE ESTIMATES FOR THE MONIES NECESSARY FOR THE PUBLIC EXPENSES OF THE CITY OF APACHE JUNCTION, ARIZONA,FOR THE FISCAL YEAR 2003-2004 AND GIVING NOTICE OF THE TIME AND PLACE FOR HEARING TAXPAYERS FOR THE ADOPTION OF THE FINAL BUDGET. BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION, ARIZONA,AS FOLLOWS: SECTION I In accordance with the provisions of the laws,of,the State of Arizona,the statements and schedules contained herein are.herebyradopted for the purpose as hereinafter set forth as the Tentative Budget ,for the City of Apache Junction, Arizona,for the Fiscal Year 2003-2004. SECTION II That the City Clerk be and hereby is authorized and directed to publish,in the manner prescribed by law,the estimates of expenditures as hereinafter set forth together with a notice that the City Council will meet for the final hearing of taxpayers and for the final adoption of the Fiscal Year 2003-2004 Annual Budget for the City of Apache Junction,Arizona,on the 16th day of July ,2003,at 6:00 p.m.,in the City -Council Chambers,1001 North Idaho Road,Apache Junction,Arizona,85219. SECTION III Money from any fund may be used for any of the appropriations,except money specifically restricted by State law or by City ordinance or by City resolution. The transfer of any sum within any specific appropriation may be made upon the approval of the City Manager. RESOLUTION NO.03-15 PAGE 1 OF 2 SECTION IV The statements and schedules of the Tentative Budget are hereinafter set forth in Schedules A, C,D,and E as attached hereto. APPROVED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,THIS 1ST DAY OF JULY ,2003. SIGNED AND ATTESTED TO THIS 1sT DAY OF JULY ,2003. ATTEST: KATHLEEN CONNELLY City Clerk APPROVED AS TO FORM: 6-23 -o3 R.JOEL STERN City Attorney RESOLUTION NO.03-15 PAGE 2 OF 2 DOUGLAS COliEMAN Mayor FUND 1) General Fund 2) Special Revenue Funds TOTAL ALL FUNDS *Unaudited figures CITY OF APACHE JUNCTION SUMMARY SCHEDULE OF ESTIMATED REVENUES AND EXPENDITURES FISCAL YEAR 2003-2004 ADOPTED BUDGETED ACTUAL EXPENDITURES EXPENDITURES 2002-2003 2002-2003* UNRESERVED FUND BALANCE 07/01/2003 17,823,386 14,845,436 1,085,596 22,934,020 8,972,968 361,644 40,757,406 23,818,404 1,447,240 DIRECT PROPERTY TAX REVENUES 2003-2004 ESTIMATED REVENUES OTHER THAN PROPERTY TAXES 2003-2004 17,272,000 OTHER FUNDING SOURCES 2003-2004 IN (OUT) 10,874,100 2,000,000 28,146,100 2,000,000 TOTAL RESOURCES AVAILABLE 2003-2004 18,357,596 13,235,744 31,593,340 ADOPTED BUDGETED EXPENDITURES 2003-2004 18,357,596 13,235,744 31,593,340 EXPENDITURE LIMITATION COMPARISOI 1. Budgeted Expenditures 2. Budgeted Expenditures Adjusted for Reconciling Items 3. Less: Estimated Exclusions 4. Total Estimated Expenditures and Expenses Subject to Expenditure Limitation 5. Expenditure Limitation 2002-2003 40,757,406 40,757,406 40,757,406 [X] The city does not levy property taxes and does not have special assessment districts for which property taxes are levied.Therefore, Schedule B has not been completed. SCHEDULE A 2003-2004 31,593,340 31,593,340 31,593,340 CITY OF APACHE JUNCTION SUMMARY BY FUND OF REVENUES OTHER THAN PROPERTY TAXES FISCAL YEAR 2003-2004 SOURCE OF REVENUES GENERAL FUND Local Taxes City Sales Tax City Sales Tax (Capital Projects) City Sales Tax Audit Franchise Tax Lighting Districts Licenses and Permits Business Licenses Building Inspection Animal Control Miscellaneous Intergovernmental Revenues State Sales Tax Revenue Sharing County Vehicle License Tax Charges for Service Planning and Zoning Engineering Fees Recreation Fees Library Fees Fines and Forfeits Court Fines Interest on Investments Interest Miscellaneous Revenues Miscellaneous Total General Fund ESTIMATED •REVENUES 2002-2003 $7,200,000 720,000 100,000 113,000 80,000 100,000 350,000 50,000 3,000 2,479,000 3,388,000 1,100,000 7,000 12,000 193,000 30,000 225,000 300,000 200,000 ACTUAL REVENUES 20024003* $8,000,000 800,000 100,000 119,000 80,000 115,000 425,000 50,000 3,000 2,479,000 3,388,000 1,110,000 15,000 6,000 250,000 30,000 200,000 175,000 ESTIMATED REVENUES 2003-2004 $8,270,000 827,000 100,000 113,000 80,000 115,000 400,000 55,000 3,000 2,517,000 2,871,000 1,050,000 10,000 6,000 .250,000 30,000 225,000 150,000 200,000 200,000 $16,650,000 $17,545,000 $17,272,000 SCHEDULE C (1 of 2) CITY OF APACHE JUNCTION SUMMARY BY FUND OF REVENUES OTHER THAN PROPERTY TAXES FISCAL YEAR 2003-2004 SOURCE OF REVENUES SPECIAL REVENUE FUNDS • Highway User Revenue Fund Intergovernmental Revenues State Highway Users Revenue County Sales Tax (% cent) Interest on Investment Interest on Investment 60,000 Total Highway Users Revenue Fund Grants -In -Trust Fund Development Fees Redevelopment District Miscellaneous Interest Total Grants -In -Trust Fund Local Transportation Assistance Fund Intergovernmental Revenues State L.T.A.F Interest on Investments Total Local Transportation Assistance Fund Library Miscellaneous Donations Total Library Fund Total Special Revenue Funds TOTAL ALL FUNDS *Unaudited Figures ESTIMATED REVENUES 2002-2003 $2,517,000 1,030,000 25,000 ACTUAL REVENUES 20024003* ESTIMATED REVENUES 2003-2004 $2,450,000 $2,674,600 1,260,000 1,100,000 5,000 500 $3,572,000 $3,715,000 $3,775,100 $400,000 190,000 5,500,000 150,000 622,000 $800,000 190,000 190,000 5,500,000 5,800,000 100,000 75,000 6,240,000 $6,412,000 $6,865,000 179,000 $ 5,000 184,000 $178,000 900 1,000 184,000 $184,900 $179,000 $55,000 $55,000 $55,000 $55,000 $55,000 $55,000 $10,051,000 $10,366,900 $10,874,100 $26,701,000 $27,911,900 $28,146,100 SCHEDULE C (2 of 2) CITY OF APACHE JUNCTION SUMMARY BY FUND TYPE OF OTHER FINANCING SOURCES/<USES> AND INTERFUND TRANSFERS FISCAL YEAR 2003-2004 FUND GENERAL FUND OTHER FINANCING 2003-2004 INTERFUND TRANSFERS 2003-2004 SOURCES <USES>IN <OU Total General Fund • $—4; SPECIAL REVENUE FUNDS Highway Users Revenue Fund •$.2,000,000 Total Special Revenue Funds $2,000,000 DEBT SERVICE FUNDS Total Debt Service Funds CAPITAL PROJECTS FUNDS Total Capital Projects Funds PERMANENT FUNDS Total Permanent Funds ENTERPRISE FUNDS Total Enterprise Funds TOTAL ALL FUNDS $2,000,000 SCHEDULE D CITY OF APACHE JUNCTION SUMMARY BY DEPARTMENT OF EXPENDITURES WITHIN EACH FUND FISCAL YEAR 2003-2004 FUND/ DEPARTMENT GENERAL FUND: Mayor and Council City Manager Management Services Marketing Communications City Clerk Finance City Attorney Non -Departmental Development Services Parks and Recreation Library Magistrate Court Public Safety Public Works Total General Fund SPECIAL REVENUE FUNDS: Highway Users Revenue Fund Public Works Engineering Parks and Recreation Total Highway. Users Revenue Fund ADOPTED BUDGETED EXPENDITURES 2002-2003 70,233 264,854 846,408 305,983 429,736 391,058 428,397 3,899,457 1,317,274 2,374,563 1,180,727 435,435 5,292,315 586,946 $17,823,386 $15,247,526 779,829 27,665 $16,055,020 EMERGENCY EXPENDITURES APPROVED 2002-2003 SCHEDULE E (1 of 2) ACTUAL BUDGETED EXPENDITURES EXPENDITURES 2002-2003*2003-2004 52,183 199,723 702,912 255,474 393,370 382,216 406,724 3,199,125 969,903 1,766,620 1,038,661 393,960 4,739,204 345,361 69,901 275,812 854,586 352,212 436,167 431,883 496,310 3,674,800 1,389,833 2,601,605 1,217,779 462,815 5,528,243 565,650 $14,845,436 $18,357,596 $6,842,927 609,169 27,159 $7,479,255 $5,433,318 447,957 27,861 5,909,136 CITY OF APACHE JUNCTION SUMMARY BY DEPARTMENT OF EXPENDITURES WITHIN EACH FUND FISCAL YEAR 2003-2004 FUND/ DEPARTMENT Grants -In -Trust Non -Departmental Redevelopment District City Attorney Magistrate Court Development Services CDBG Grants Management Services Public Safety Library Parks and Recreation Public Works Total Grants -In -Trust Local Transportation Assistance Fund Public Works Total Local Transportation •Assistance Fund Library Fund Library Total Library Fund Total Special Revenue Funds TOTAL ALL FUNDS *Unaudited Figures ADOPTED BUDGETED EXPENDITURES 2002-2003 $6,030,402 157,598 52,000 6,240,000 584,000 $584,000 55,000 55,000 22,934,020 $40,757,406 EMERGENCY EXPENDITURES ACTUAL APPROVED EXPENDITURES 2002-2003 20024003* $1,036,263 111,750 8,158 BUDGETED EXPENDITURES 2003-2004 1,076,670 607,000 40,973 8,695 14,270 800,000 454,000 772,000 876,000 515,000 1,678,000 1,156,171 $6,842,608 312,170 $429,000 $312,170 $429,000 25,372 $55,000 25,372 55,000 $8,972,968 $13,235,744 -$23,818,404 $31,593,340 SCHEDULE E (2 of 2)