2024-06-04 CC Agenda Packet - Additional Information - ITEM C10 - ResolutionRESOLUTION NO.
A RESOLUTION ADOPTING THE 2024-2025 FINAL OPERATING AND
CAPITAL IMPROVEMENT BUDGET AND THE 2024-2025
APPROPRIATIONS LIMIT FOR THE CITY OF EL SEGUNDO.
The City Council of the City of El Segundo does resolve as follows:
SECTION 1: The City Council finds and declares as follows:
A. The City Council has reviewed the proposed final Operating Budget ("Budget")
for fiscal year;
B. The Budget is based upon appropriate estimates and financial planning for the
City's operations, services, and capital improvements;
C. The City Council conducted a strategic planning session on April 30, 2024; two
budget study sessions on May 06, 2024 and May 21, 2024; and a public hearing
on June 4, 2024;
D. All procedural requirements for adopting the City's budget were fulfilled, and
the City Council was fully informed regarding the City's current finances,
projected revenue, and financial obligations; and
E. It is in the public interest for the City Council to adopt the Budget as proposed
by the City Manager.
SECTION 2: ADOPTION. The Budget attached to this Resolution, and incorporated by
reference, is approved and adopted subject only to the authorizations set forth below. Such
approval and adoption includes, without limitation, the Schedule of Positions Full -Time & Full -
Time Equivalents by Department, Authorized Positions and Budgeted Positions set forth in the
Budget which recognizes Authorized Positions which are authorized but not necessarily
budgeted, Budgeted Positions which are authorized and budgeted in the fiscal year, and
Financial Policies and Procedures.
SECTION 3: APPROPRIATIONS LIMIT.
A. Article XIIIB of the California Constitution requires the City to set its
Appropriations Limit on an annual basis;
B. The City's Appropriations Limit may be adjusted annually based upon inflation
and population growth.
C. The City Council may choose the method of calculating adjustments to the City's
Appropriations Limit on an annual basis. For inflation, pursuant to Article XIIIB,
§ 8(e)(2), adjustments to the Appropriations Limit may be calculated using either
the percentage change in per capita personal income from the preceding year or
the percentage change in the local assessment roll from the preceding year
because of local nonresidential new construction. For population growth,
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pursuant to Government Code§ 7901(b), the City may either use the percentage
growth either in its jurisdiction or from the surrounding county.
D. Pursuant to Article XIII-B of the California Constitution, and those
Government Code sections adopted pursuant to Article XIII-B, § 8(f), the
City Council chooses to adjust the City's Appropriations Limit by calculating
inflation using the percentage change in per capita personal income from the
preceding year, and calculating population growth by using the percentage
change in population in Los Angeles County.
E. As a result of the adjustments made to the City's Appropriations Limit, the
City Council sets the Appropriations Limit for the fiscal year at $426,186,368.
SECTION 4: BUDGET APPROPRIATIONS. Based upon the Budget, the total General
Fund operating budget, including transfers -out, is $97,472,672. The City Manager, or
designee, is authorized to implement the following appropriations for City Departments:
Department LJ
Adopted FY 24-25
CITY ATTORNEY
897,450
CITY CLERK
658,095
CITY COUNCIL
224,272
CITY MANAGER
2,807,177
COMMUNITY DEVELOPMENT DEPARTMENT
3,745,094
FINANCE DEPARTMENT
2,766,646
FIRE DEPARTMENT
15,663,956
HUMAN RESOURCES DEPARTMENT
2,194,785
INFORMATION TECHNOLOGY DEPARTMENT
3,912,086
NON DEPARTMENT
6,785,227
POLICE DEPARTMENT
22,231,649
PUBLIC WORKS DEPARTMENT
9,844,794
RECREATION PARK AND LIBRARY DEPARTMENT
10,744,896
TRANSFER
14, 996, 546
Grand Total
97,472,672
SECTION 5: CIP and MISCELLANEOUS APPROPRIATIONS. The City Manager,
or designee, is authorized to implement the following CIP and miscellaneous appropriations, for
a total of $113,477,755 with the following funds and amounts:
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Fund -
Adopted FY 24-25
104 TRAFFIC SAFETY FUND
36,000
106 STATE GAS TAX FUND
523,755
109 ASSET FORFEITURE FUND
702,450
110 MEASURE R
1,000,000
111 COMM. DEVEL. BLOCK GRANT
-
112 PROP "A" TRANSPORTATION
367,281
114 PROP "C" TRANSPORTATION
1,200,000
115 AIR POLUTION REDUCTION FUND
-
116 RESIDENTIAL SOUND INSULATION PROG. FUND
2,281
117 HYPERION MITIGATION FUND
60,754
118 TDA ARTICLE 3 - SB 821 BIKEWAY FUND
30,000
120 C.O.P.S. FUND
423,820
123 PSAF PROPERTY TAX PUBLIC SAFETY
75,000
124 FEDERAL GRANTS
357,765
125 STATE GRANTS
154,827
126 CUPA
889,918
127 MEASURE M
200,000
128 SB-1
600,000
129 CERTIFIED ACCESS SPECIALIST PROGRAM (CASP)
15,000
130 AFFORDABLE HOUSING FUND
50,000
131 COUNTY STORM WATER PROGRAM
1,050,000
132 MEASURE B
12,580
202 DEBT SERVICE FUND
542,851
204 PENSION OBLIGATION BONDS
9,500,314
301 CAPITAL IMPROVEMENT FUND
30,035,345
312 DEVELOPER IMPACT FEES - LAW ENFORCEMENT
60,000
317 DEVELOPER IMPACT FEES - LIBRARY
17,156
401 ECONOMIC UNCERTAINTY
-
501 WATER UTILITY FUND
39,315,822
502 SEWER FUND
7,837,440
503 GOLF COURSE
-
504 SENIOR HOUSING
16,295
505 SOLID WASTE
330,000
601 EQUIPMENT REPLACEMENT
9,674,613
602 LIABILITY INSURANCE
3,769,563
603 WORKERS COMP RESERVE/INSURANCE
3,418,321
702 TRUST FUNDS - SPECIAL REVENUE/DONATIONS
136,000
704 CULTURAL DEVELOPMENT FUND
272,604
708 TRUST FUNDS -PROJECT DEPOSITS NONREFUNDAB
800,000
(blank)
Grand Total
113,477,755
SECTION 6: FUND OPERATING RESERVES. The City Manager, or designee, may
appropriate any remaining revenues at the close of Fiscal Year 2024-2025 into the applicable
Fund operating reserve on June 30, 2025.
SECTION 7: APPROPRIATIONS LAPSE. All appropriations shall lapse at the end of the
fiscal year to the extent that they have not been expended or lawfully encumbered unless
approved by the City Council.
SECTION 8: BUDGET ADJUSTMENTS. The Budget may be subsequently adjusted as
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follows:
A. By majority vote of the City Council;
B. By the City Manager, or designee, for all appropriation transfers between
programs and sections within a City department and between appropriation
units (e.g., salaries and benefits, services and supplies, and capital outlay)
within programs;
C. By Department Directors for appropriation transfers between appropriation units
within programs;
D. Object code expenditures within appropriation units in a program are not
restricted so long as funding is available in the appropriation unit as a whole.
SECTION 9: CONTRACTING AUTHORITY.
A. The City Manager, or designee, is authorized to bid and award contracts for the
equipment, supplies, and services approved in the Budget.
B. In accordance with the El Segundo Municipal Code ("ESMC"), the City
Manager is authorized to execute all contracts awarded for equipment, supplies,
and services approved in the Budget.
C. Notwithstanding any dollar limitation set forth in the ESMC, the City Manager
is authorized to execute contracts for purchasing equipment and supplies that
are individually identified in the Budget regardless of total cost. The City
Manager may, but is not required to, seek additional City Council approval for
transactions made pursuant to this Section.
D. For all other services, equipment, and supplies, the City Manager is authorized
to execute contracts in accordance with the ESMC.
SECTION 10: DELEGATION OF AUTHORITY. Pursuant to State of California Code
Section 53607, the City Council hereby authorizes the City Treasurer to invest and reinvest the
City's funds, to sell or exchange securities so purchased, and to deposit securities for
safekeeping in accordance with the Code. The City Treasurer may delegate all, or a portion of
the investment authority to subordinates pursuant to State of California Government Code
Section 41006. Such delegation by the City Treasurer shall not remove or abridge the
Treasurer's investment responsibility. This Delegation of Authority shall be valid for one year
unless otherwise revoked; and will be renewed on an annual basis in conjunction with the
Budget Adoption.
SECTION 11: The City Clerk is directed to certify the adoption of this Resolution; record this
Resolution in the book of the City's original resolutions; and make a minute of the adoption of
the Resolution in the City Council's records and the minutes of this meeting.
SECTION 12: This Resolution will become effective immediately upon adoption and will
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remain effective unless repealed or superseded.
PASSED AND ADOPTED June 4, 2024.
[SIGNATURES ON NEXT PAGE]
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RESOLUTION NO. PASSED AND ADOPTED this 4th day of June 2024
ATTEST:
Tracy Weaver, City Clerk
APPROVED AS TO FORM:
MARK D. HENSLEY, City Attorney
Los
Mark Hensley
City Attorney
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Drew Boyles, Mayor
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES 1 SS
CITY OF EL SEGUNDO
I, Tracy Weaver, City Clerk of the City of El Segundo, California, do hereby certify that
the whole number of members of the City Council of said City is five; that the foregoing
Resolution No. was duly passed and adopted by said City Council, approved and
signed by the Mayor, and attested to by the City Clerk, all at a regular meeting of said
Council held on the 4th day of June, 2024, and the same was so passed and adopted
by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
Tracy Weaver, City Clerk
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