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Home My WebLink AboutRES 03-17RESOLUTION NO.03-17 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,FULLY ADOPTING ESTIMATES OF EXPENDITURES BY THE CITY OF APACHE JUNCTION FOR THE FISCAL YEAR BEGINNING JULY 1,2003, AND ENDING JUNE 30,2004:DECLARING ESTABLISHMENT OF THE BUDGET FOR THE CITY OF APACHE JUNCTION FOR FISCAL YEAR 2003-2004; AND DECLARING AN EMERGENCY. WHEREAS,in accordance with Arizona Revised Statutes Annotated ("A.R.S.") §42-17101 et seq.,the Apache Junction City Council on July 1,2003,made an estimate of:1)the different amounts required to meet the public expenses for the ensuing year;2)an estimate of revenues from sources other than direct taxation;and 3)the amount to be raised by taxation upon real and personal property with the City of Apache Junction,Arizona;and WHEREAS,in accordance with A.R.S.§42-17103(A),the City Council met on July 1,2003,where taxpayers were allowed the opportunity to appear and be heard in favor of or against any proposed expenditures or tax levies;and WHEREAS,it appears that legal publication has been duly made of the budget estimates together with a notice that the City Council would meet on July 15, 2003 at the City Council Chambers for the purpose of making tax levies as set forth in said estimates;and WHEREAS,i t appears that the sums to be raised by primary taxation,as specified therein,do not i n the aggregate amount exceed that amount as computed in A.R.S.§42-17101. NOW,THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of Apache Junction,Arizona as follows: SECTION I BUDGET ADOPTION The estimates of revenue and expenditures shown on the accompanying schedules are hereby adopted as the budget of the City of Apache Junction, Arizona,for Fiscal Year 2003-2004. RESOLUTION NO.03-17 PAGE 1 OF 2 SECTION I I DECLARING AN EMERGENCY The immediate operation of the provisions of this Resolution is necessary for the ,immediate preservation of the public peace,health or safety,and that an emergency is hereby declared to exist since,among other things,the City needs fiscal year funds as soon as .possible since the fiscal year began on July 1, 2003:and this Resolution shall be in full force and effect from and after its .passage,adoption and approval by the Mayor and Council of the City of Apache Junction. APPROVED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA, THIS 1 5TH DAY OF JULY ,2003. SIGNED AND ATTESTED TO THIS 1 5 T H DAY OF JULY, DOUGLAS COVEMAN Mayor ATTEST: KATHLEEN CONNELLY City Clerk APPROVED •AS TO FORM:. "4-7263 R.JOEL STERN City Attorney RESOLUTION .NO.. 03-17 PAGE 2 OF 2 ,2003. 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 1,094,616 22,934,020 8,972,968 361,644 40,757,406 23,818,404 1,456,260 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 18,366,616 13,235,744 31,602,360 ADOPTED BUDGETED EXPENDITURES 2003-2004 18,366,616 13,235,744 31,602,360 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 31,602,360 31,602,360 31,602,360 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 30,000 200,000 175,000 200,000 $16,650,000 $ SCHEDULE C (1 of 2) 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 17,545,000 $17,272,000 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 Total Highway Users Revenue Fund 60,000 ESTIMATED ACTUAL ESTIMATED REVENUES REVENUES REVENUES 2002-2003 2002-2003*2003-2004 $2,517,000 $2,450,000 $2,674,600 1,030,000 1,260,000 1,100,000 25,000 5,000 500 $3,572,000 $3,715,000 $3,775,100 Grants -In -Trust Fund , Development Fees $400,000 .$622,000 $800,000 Redevelopment District 190,000 190,000 190,000 Miscellaneous 5,500,000 5,500,000 5,800,000 Interest 150,000 100,000 75,000 Total Grants -In -Trust Fund $6,240,000 $6,412,000 $6,865,000 Local Transportation Assistance Fund Intergovernmental Revenues State L.T.A.F $179,000 $184,000 $178,000 Interest on Investments 5,000 900 1,000 Total Local Transportation Assistance Fund 184,000 184,900 $179,000 Library Miscellaneous Donations $55,000 $55,000 $55,000 Total Library Fund 55,000 $55,000 $55,000 Total Special Revenue Funds $10,051,000 $10,366,900 $10,874,100 TOTAL ALL FUNDS $26,701,000 $27,911,900 $28,146,100 *Unaudited Figures 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 <OUr> .Total General Fund —$$$ 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 EMERGENCY EXPENDITURES ACTUAL BUDGETED APPROVED EXPENDITURES EXPENDITURES 2002-2003 20024003*2003-2004 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 SCHEDULE E (1 of 2) 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 69,901 275,812 854,586 352,212 438,031 433,746 496,310 3,674,800 1,389,833 2,603,488 1,221,189 462,815 5,528,243 565,650 $14,845,436 $18,366,616 $6,842,927 609,169 27,159 $5,433,318 447,957 27,861 $7,479,255 $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 BUDGETED APPROVED EXPENDITURES EXPENDITURES 2002-2003 20024003*2003-2004 SCHEDULE E'(2 of 2) $1,036,263 $1,076,670 607,000 40,973 8,695 14,270 800,000 454,000 111,750 772,000 8,158 876,000 515,000 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 $31,602,360