Resolution Number CRA 06-06-20-01RESOLUTION NO. CRA 06-06-20-01
' A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SAN JUAN
CAPISTRANO COMMUNITY REDEVELOPMENT AGENCY ADOPTING
THE FISCAL YEAR 2006/2007 BUDGET AND AUTHORIZING
EXPENDITURES AND APPROPRIATIONS RELATED THERETO
WHEREAS, the Board of Directors of the Community Redevelopment Agency
held a public hearing to consider the proposed Fiscal Program and Budget beginning
July 1, 2006, and ending June 30, 2007; and,
WHEREAS, the proposed Fiscal Year 2006/2007 Budget is the basis for the
financial and economic implementation of the Community Redevelopment Plan; and,
WHEREAS, the proposed Fiscal Year 2006/2007 Budget reflects a level of
service and work force deemed appropriate by the Agency Board of Directors; and,
WHEREAS, the Agency Board of Directors intends to use the proposed
Operating Budget as a guide for determining Agency priorities; and,
WHEREAS, the Agency Board of Directors recognized that the proposed Fiscal
Year 2006/2007 Budget will require adjustments from time to time, and accordingly, the
' Agency Executive Director is authorized to execute necessary transfers to carry out the
scope of services as approved.
NOW, THEREFORE, BE IT RESOLVED, by the Board of Directors of the San
Juan Capistrano Community Redevelopment Agency, as follows:
1. That the proposed Fiscal Year 2006/2007 Budget in accordance with
Exhibit A attached hereto and incorporated by reference herein for a total
appropriation amount of $17,675,199 and as detailed in the Community
Redevelopment Agency section of the Budget Document on file with the
Agency Clerk's Office entitled "City of San Juan Capistrano Budget -FY
2006/2007" is hereby adopted as the Operating and Capital Improvement
Budget for the San Juan Capistrano Community Redevelopment Agency
for fiscal year 2006/2007.
2. That the amounts reflected as estimated revenues for FY 2006/2007 as
shown in Exhibit A are hereby adopted as budgeted revenues for FY
2006/2007.
3. That the amounts reflected as proposed expenditures for FY 2006/2007
as shown in Exhibit A are hereby appropriated to the department and/or
' fund for which they are designated and such appropriation shall not be
increased except as provided herein.
Page 1 of 3 6/20/2006
4. That the legal level of budgetary control is the fund level. Budgets may
not legally be exceeded at the fund level without appropriate authorization
by the Agency Board of Directors.
5. That total appropriations for each fund may only be increased or
decreased by the Agency Board of Directors by amending the budget
except as provided herein.
6. That the following controls are hereby placed on the use and transfers of
budgeted funds:
a. The Executive Director may authorize all transfers of funds from
account to account within any department.
b. The Executive Director may authorize all transfers of funds from
department to department within any fund.
C. The Executive Director may delegate the authority to make budget
transfers and adjustments.
d. The Executive Director may authorize budget adjustments involving
offsetting revenues and expenditures; the Executive Director may
authorize increases in an appropriation for a specific purpose
where the appropriation is offset by unbudgeted revenues, which is
designated for said specific purpose.
7. That all appropriations in the Operating Budget for projects currently
underway and remaining unexpended at June 30, 2006, as approved by
the Executive Director or his designee, are hereby appropriated to the
2006/2007 fiscal year Operating Budget.
8. That all appropriations for outstanding encumbrances as of June 30,
2006, as approved by the Executive Director or his designee, are hereby
continued into FY 2006/2007 for such contracts and obligations.
PASSED, APPROVED AND ADOPTED this,20�"Aay ofd, ulne 2006.
ATTFST-
Page 2 of 3
2Y
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6/20/2006
SAN JUAN CAPISTRANO
COMMUNITY REDEVELOPMENT AGENCY
TOTAL BUDGET SUMMARY -ALL FUNDS
u
FUND DETAIL STATEMENTS
l
EXHIBIT A
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Rental Income $ 200 $ - $ - 0.0
Proceeds of Administration Loan - 300,000 250,000 -16.6
Interest Income 12,816 23,000 20,000 -13.0
Transfer In -RV Storage Fund 85,321 7,900 - -100.0
Director's Salaries
$ 3,390 $
4,000 $
4,000
0.00%
Engineering/Design Services
16,006
30,600
75,600
147.06%
Legal/Professional Services
17,265
56,100
59,505
6.07%
Other Outside Services
1,859
42,636
37,300
-12.52%
Utilities
4,118
2,550
3,820
49.80%
Advertising/Public Notices
771
1,173
800
-31.80%
Office Supplies/Postage
92
1,377
750
-45.53%
Stationery/Printed Material
-
408
200
-50.98%
Training/Meetings
888
2,550
2,200
-13.73%
Mileage Reimbursements
6
204
100
-50.98%
Subscription/Dues
2,670
2,754
2,800
1.67%
Maintenance
2,577
3,876
3,900
0.62%
Administrative Charges
120,487
142,733
184,480
29.25%
EXHIBIT A - Page 2
COMMUNITY REDEVELOPMENT AGENCY
RV STORAGE FUND
FY 2006/2007
Description
TOTAL - ESTIMATED EXPENDITURES AND OTHER USES
CURRENT YEAR REVE'*NLZE OVER /UNDER/ EXPED/TURES
CHANGE INA VAILABLE FUND BALANCE
• VAILABLE FUND BALANCE, JUL Y 1
• VAILABLE FUND BALANCE,, JUNE 30
FUND BALANCE JUNE 30
Actual
N
Percent
Projected Proposed Change From
2005/06 2006/07 Prior Year
F
$ 110,599 $ 11,100 S
S 11,100 S 111,1001 S
S 11.100 $ (11,100y S
- 11,100
$ 1 I, 100
$ 11,100 $ S
AVAILABLE FUND BALANCE JUNE30 S 11,100
Tax Increment
Interest Income
Other
Engineering/Design Services
Legal/Professional Services
Other Outside Services
Advertising/Public Notices
Office Supplies/Postage
Training/Meetings
Administrative Charges
Annual Rental Subsidy Program
Rental Securement Program
CBDG Leverage - Title 25
Transfers Out -Debt Service
1997 Housing Tax Allocation Bonds
1998 Tax Allocation Refunding Bonds
Transfers Out-CIP
Affordable Housing Projects
CEP Program Loan Payoff
Land Held for Future Affordable Housing Project
Land held for Future Affordable Housing Project
L/T Receivable -SJ Senior Housing
L/T Receivable -CEP Program
$ 1,132,806 $ 1,139,157 $ 1,161,940
62,271 70,549 150,235 11
- 30,000 - -1C
$ - $
- $
-
0.00%1
917
23,000
23,000
0.00%'
3,467
97,500
22,500
-76.92%'
-
-
1,500
-
800
S00
-37.50%
891
1,650
1,650
0.00%
107,514
169,095
176,905
4.62%
65,938
125,000
155,000
24.00%
2,500
4,200
4,200
0.00%
8,050
-
-
0.00%
177,186 177,410 177,410 0.009-
103,479 103,967 103,967 0.009
4,360,000
75,350 -
- 2,060,000
2,060,000 2,060,000 -
1, 550,000 1,550,000 1,550,000
50,820 50,820 50,820
EXHIBIT A - Page 4
COMMUNITY REDEVELOPMENT AGENCY
AFFORDABLE HOUSING BOND FUND
FY 2006/2007
Actual Projected Proposed
Description
TOTAL - PROJECTED REVENUES AND OTHER SOURCES $ 17,984 $ 24,272 S 34,631
TOTAL- ESTIMATED EXPENDITURES AND OTHER USES S - S - $ 1,020,000
CURRENTYEAR?EVENUEOVE?/UNDER/EXPED/TURES S 17,984 $ 24,272 S (985,;69
s a . �.r,�Idt-'!. ✓ r(w1,•F , , 'rv, r.,. ,. i� ;"ay.� a .rr<<
CHANGEINAVAILA BLEFUND BALANCE $ $ $ 4,085
AVAILABLE FUND BALANCE, JULY 1 -
AVAILABLEFUND BALANCE -1UNE30 $ - S - $ 4,085
FUND BALANCE, JUNE 30 $ 965,182 S 989,454 $ 4,085
.Twurmrrar.a sre.�rr�sl:ec
AVAILABLEFUNDBALANCE,JUNE30 S - S - S 4,085
Percent
Change From
Prior Year
COMMUNITY REDEVELOPMENT AGENCY
AFFORDABLE RENTAL HOUSING FUND - LITTLE HOLLYWOOD
FY 20062007
Description
TOTAL - PROJECTED REVENUES AND OTHER SOURCES
TOTAL - ESTIMATED EXPENDITURES AND OTHER USES
CURRENT YEAK REVENUE OVER /UNDE11/ EXPEDITURES
CHANGEINAVAILABLEFUND BALAA
AVAILABLEFUNDBALANCE , JULY 1
AVAILABLE FUND BALANCE, JUNE30
FUND BALANCE, JUNE 30
Actual
Percent
Projected Proposed Change From
2005/06 2006/07 Prior Year
15 $ 92,799 S 102,292
$ 26,225 $ 82,800 $ 82,800
S 62.390 $ 9,999 5 19.492
S 32,390 $ (20,001) 5 (10,508)
212,251 244,641 224,640
S 244,641 S 224,640 S 214,132
S 274,641
304.132
AVAILABLEFUNDBALANCE ,JUNE 30 S 244,641 S 224,640 S 214,132
Loan/Note Proceeds from City
$ -
$ -
$ 750,000
Loan Proceeds
-
5,100,000
-
-100.00%
Transfers In -20% Set -Aside Fund
-
-
4,360,000
**
Transfer in Housing Bond Fund
-
1,020,000
•TAL - PROJECTED REVENUES AND OTHER SOURCES5,100,000
6,130,000
Facade Improvement Progam
$
$ 150,000
$ 150,000
0.00%
Los Rios Parking Lot & Signage
45,868
50,000
-
-100.00%
EI Camino Real Sidewalk/UUD/Lighting
23,619
10,000
249,000
2390.00%
Downtown Signage Program
-
30,000
130,000
333.33%
Downtown Lighting - Final Phase
19,438
-
-
0.00%
Lower Rosan Ranch (LRR) Wetlands Mitigation
55,291
55,000
43,000
-21.82%
LRR Adjacent Property Acquisition/EIR
5,100,000
300,000
-94.12%
Little Hollywood Housing - Phase II
-
-
300,000
Pitts Property Family Housing
-
-
2,060,000
Affordable Housing Projects ( TBD)
3,020,000
**
G
Land Held for Resale
$ 8,871,991 $ 8,871,991 $ 8,871,991
EXHIBIT A - Page 7
Tax Increment
$ 4,531,221
$ 4,556,626 $
Interest Income
28,393
41,773
Interest Income -Note Receivable
-
-
City of SJC-Sales Tax Pass-Thru
304,576
327,760
City of SJC-Interest Accrued
299,142
13,034
Transfers In -20% Set -Aside (1997(
177,186
177,410
Transfers In -20% Set -Aside (1998(
103,479
103,967
City of SJC-Wm Lyon Fees
$ 98,152 $
98,152 $
City of SJC(# 1( -Tax Anticipation
180,000
180,000
City of SJC(#4(-Trullis Acq. Loan
8,932
15,560
City of SJC(#5( -Admin Loan
12,058
19,322
CVWD-Connection Fees/Wm Lyon
105,751
-
Orange County- 17.1%Agreement
961,817
974,000
SOCCCD Pass-Thru Agreement
-
-
Capello Promissory Note
28,121
26,946
Trullis Promissory Note
198,117
207,532
Auto Tax Revenue Pass-Thru
304,576
327,760
Fluidmaster
40,000
40,000
Pacific Sales
67,571
20,000
Capistrano Volkswagen
24,624
35,000
Sierra Vista
-
5,000
State ERAF Shift
330,056
330,031
Tax Allocation Bonds -1997
177,186
177,410
Tax Allocation Bonds -1998
517,393
519,836
Debt Administration
7,784
7,304
Kinoshita Acquisition
647,500
647,500
CUSD Improvement Fund
498,887
1,052,178
Transfer Out-Knshta Sinking Fund
245,000
252,500
Long-term receivables
Cash with Fiscal Agent
Long-term receivables
$ 24,622 $ 35,000 $
181,356 181,356
190,377 155,377
4,647,759
2.0
51,359
22.9
-
O.0
334,315
2.0
326,160
2402.3
177,226
-0.1
103,305
-0.6
98,152
0
180,000
0
17,510
12
30,498
57
0
993,500
2
0
27,684
2
-
-100
334,315
40,000
20,000
35,000
5,000
177,226
516,526
7,450
647,500
1,532,951
255,000
35,000
181,356
120,377
rol
EXHIBIT A - Page 8
COMMUNITY REDEVELOPMENT AGENCY
KINOSHITA DEBT SERVICE SINKING FUND
FY 2006/2007
Actual Projected
2004/05 2005/06
TOTAL - PROJECTED REVENUES AND OTHER SOURCES $ 312,212 $ 349,280
Percent
Proposed Change From
2006/07 Prior Year
401,945
TOTAL - ESTIMATED EXPENDITURES AND OTHER USES
$
- S
- $ -
CUYR�NENTYEAR REVENUE0VER /UNDER/EXPED/TURES
$
312,212 S
349,280 S 401,945
�AA'fFilj%jaF�dY?.nACo�Y Y '�1''?.f j-�•':.o- .._.
CHANGEINAVAILABLEFUND BALANCE $ $ $
AVAILABLE FUND BALANCE, JULY I
• VAILABLE FUND BALANCE, JUNE 30
FUND BALANCE, JUNE 30 S 3,849,133 $ 4,198,413 $
AVAILABLE FUND BALANCE,JUNE30 $ - S - $
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF SAN JUAN CAPISTRANO )
I, MARGARET R. MONAHAN, appointed Agency Secretary of the Community
Redevelopment Agency of the City of San Juan Capistrano, do hereby certify that the
foregoing Resolution No. CRA 06-06-20-01 was duly adopted by the Board of
Directors of the Community Redevelopment Agency at a regular meeting thereof, held
the 20th day of June 2006 by the following vote:
AYES:
DIRECTORS:
Allevato, Bathgate, Swerdlin, Hart & Chairman Soto
NOES
DIRECTORS:
None
ABSENT:
DIRECTORS:
None