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Home My WebLink AboutRES 04-10RESOLUTION NO.04-10 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 1,2004, AND ENDING JUNE 30,2005;DECLARING ESTABLISHMENT OF THE BUDGET FOR THE CITY OF APACHE JUNCTION FOR FISCAL YEAR 2004-2005: 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 June 1,2004,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 June 1,2004,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 mould meet on June 15, 2004 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 in 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 2004-2005. RESOLUTION NO.04-10 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 begins on July 1, 2004;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, THIS1 5TH DAY OF JUNE ,2004. SIGNED AND ATTESTED TO THIS 15TH DAY OF JUNE ,2004. DOUGLAS COLEMAN Mayor ATTEST: KATHLEEN CONNELLY City Clerk APPROVED AS TO FORM: 6+,04 R.JOEL STERN City Attorney RESOLUTION NO.04-10 PAGE 2 OF 2 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 UNRESERVED BUDGETED ACTUAL FUND EXPENDITURES EXPENDITURES BALANCE 2003-2004 2003-2004*07/01/2004 18,366,616 17,168,792 1,979,488 13,235,744 7,624,799 18,694,043 31,602,360 24,793,591 20,673,531 DIRECT PROPERTY TAX REVENUES 2004-2005 ESTIMATED REVENUES OTHER THAN PROPERTY TAXES 2004-2005 18,104,500 OTHER FUNDING SOURCES 2003-2004 IN (OUT) TOTAL RESOURCES AVAILABLE 2004-2005 3,000,000 853,000 22,230,988 11,940,603 853,000 30,045,103 3,853,000 31,487,646 853,000 53,718,634 ADOPTED BUDGETED EXPENDITURES 2004-2005 22,230,988 31,487,646 53,718,634 EXPENDITURE LIMITATION COMPARISON 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 2003-2004 31,602,360 31,602,360 31,602,360 [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 2004-2005 53,718,634 53,718,634 . 53,718,634 CITY OF APACHE JUNCTION SUMMARY BY FUND OF REVENUES OTHER THAN PROPERTY TAXES FISCAL YEAR 2004-2005 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 2003-2004 $8,270,000 827,000 100,000 113,000 80,000 ACTUAL ESTIMATED REVENUES REVENUES 20034004*2004-2005 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 $8,300,000 830,000 100,000 113,000 80,000 118,000 345,000 57,000 3,000 2,600,000 2,871,000 1,300,000 17,000 7,000 250,000 31,000 325,000 25,000 215,000 $17,272,000 $ SCHEDULE C (1 of 2) $8,530,000 853,000 100,000 114,000 80,000 118,000 350,000 55,000 3,000 2,747,200 2,928,300 1,050,000 10,000 6,000 250,000 30,000 325,000 75,000 480,000 17,587,000 $18,104,500 CITY OF APACHE JUNCTION SUMMARY BY FUND OF REVENUES OTHER THAN PROPERTY TAXES FISCAL YEAR 2004-2005 SOURCE OF REVENUES SPECIAL REVENUE FUNDS ESTIMATED ACTUAL ESTIMATED REVENUES REVENUES REVENUES 2003-2004 20034004*2004-2005 Highway User Revenue Fund Intergovernmental Revenues State Highway Users Revenue $2,674,600 $-. 2,800,000 $2,804,630 •County Sales Tax (1/2cent)1,100,000 1,300,000 1,481,000 Interest on Investment 500 500 2,000 Bond Proceeds 700,000 Miscellaneous 445,000 Total Highway Users Revenue Fund $3,775,100 $4,100,500 $5,432,630 Grants -In -Trust Fund Development Fees $800,000 $620,000 $400,000 Redevelopment District 190,000 250,000 300,000 Miscellaneous 5,800,000 630,000 5,500,000 Interest 75,000 40,000 75,000 Total Grants -In -Trust Fund $6,865,000 $1,540,000 $6,275,000 Capital Projects Bond Proceeds 7,000,000 . Total Capital Projects -$7,000,000 $ Local Transportation Assistance Fund Intergovernmental Revenues State L.T.A.F 178,000 $178,100 $176,973 Interest on Investments 1,000 3,500 1,000 Total Local Transportation Assistance Fund 179,000 $181,600 $177,973 Library Miscellaneous Donations 55,000 $30,000 $55,000 Total Library Fund 55,000 $30,000 $55,000 Total Special Revenue Funds $10,874,100 $5,852,100 $11,940,603 TOTAL ALL FUNDS •$28,146,100 $23,439,100 $30,045,103 *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 200412005 FUND GENERAL FUND Land Acquisition City Sales Tax (Capital Projects) •OTHER FINANCING 2004-2005 INTERFUND TRANSFERS 2004-2005 SOURCES <USES>IN <OUT> $3,000,000 $853,000 Total General Fund $3,000,000 $$853,000 SPECIAL REVENUE FUNDS Total Special Revenue Funds DEBT SERVICE FUNDS Total Debt Service Funds —$ CAPITAL PROJECTS FUNDS City Sales Tax (Capital Projects) -$--s $853,000 Total Capital Projects Funds $853,000 7 PERMANENT FUNDS Total Permanent Funds ENTERPRISE FUNDS - Total Enterprise Funds 7 TOTAL ALL FUNDS $3,000,000 $$853,000 $853,000 SCHEDULE D •CITY OF APACHE JUNCTION SUMMARY BY DEPARTMENT OF EXPENDITURES WITHIN EACH FUND FISCAL YEAR 2004-2005 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 2003-2004 EMERGENCY EXPENDITURES ACTUAL BUDGETED APPROVED EXPENDITURES EXPENDITURES 2003-2004 20034004*2004-2005 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 18,366,616 $ 5,433,318 447,957 27,861 $5,909,136 $ SCHEDULE E (1 of 2) 65,380 270,095 844,274 302,268 402,519 430,364 487,658 2,672,378 1,348,401 2,590,746 1,219,778 455,495 5,524,048 555,388 68,577 274,735 966,833 234,887 473,419 400,679 457,810 6,896,080 1,242,887 2,816,373 1,258,447 486,057 6,076,646 577,558 $17,168,792 $22,230,988 $5,427,897 $ 443,540 27,844 5,899,281 4,996,119 507,507 29,004 5,532,630 CITY OF APACHE JUNCTION SUMMARY BY DEPARTMENT OF EXPENDITURES WITHIN EACH FUND FISCAL YEAR 2004-2005 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 Capital Projects Non -Departmental Total Capital Projects Local Transportation Assistance Fund LTAF II 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 2003-2004 EMERGENCY EXPENDITURES APPROVED 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 $6,842,608 $ 429,000 $ ACTUAL BUDGETED EXPENDITURES EXPENDITURES 2003-2004*2004-2005 $374,693 205,641 40,973 8,695 14,270 159,405 425,533 130,321 53,834 155,550 105,490 $2,360,868 740,000 41,758 12,417 500,000 350,000 520,000 874,000 2,100,000 1,674,405 $7,499,043 383,907 17,653,000 $383,907 $17,653,000 177,973 25,840 $570,000 429,000 $-$25,840 $747,973 55,000 $ 55,000 25,273 $55,000 25,273 $55,000 $13,235,744 $-$7,624,799 $31,487,646 $31,602,360 $-$24,793,591 $53,718,634 SCHEDULE E (2 of 2)