Resolution 14225CITY OF ALAMEDA RESOLUTION NO. 14225
APPROVING AND ADOPTING THE OPERATING BUDGET AND CAPITAL
IMPROVEMENTS AND APPROPRIATING CERTAIN MONEYS FOR THE
EXPENDITURES PROVIDED IN FISCAL YEAR 2008 -09 AND ESTABLISHING
AN OTHER POST EMPLOYMENT BENEFIT (OPEB) PLAN
��. WHEREAS, there has been submitted to and filed with this Council at this
meeting, a budget representing a financial plan for conducting the affairs of the City
of Alameda for the Fiscal Year beginning July 1, 2008, and ending June 30, 2009,
attached hereto as Exhibit A; and
2
a. WHEREAS, it is the intention of the City Council to waive the Payment in Lieu
of Taxes (PILOT) payable by the Housing Authority of the City of Alameda; and
WHEREAS, the City Council has received the Other Post Employment
Benefits Actuarial Valuation Study as of January 1, 2607, and adopts the following
plan for its implementation:
• It is the goal of the City Council to provide compensation which recognizes the
service of its employees within the financial abilities of the City to meet those
obligations over the long term.
• It is the goal of the City council to achieve over time full funding of the retiree
health benefits through continuous review of the benefit plan, the costs of the
plan and prudent use of an Internal Revenue Code Section 115 Trust
• It is the goal of the City Council to include in each budget the costs of required
actuarial studies and the costs of the Annual Required Contribution (ARC) to
the extent that resources are available; and
• WHEREAS, as of June 30 each fiscal year funds that add to the fund balance
of the City's General Fund will be reviewed and those available to be allocated as
a contribution towards the Other Post Employment Benefits unfunded liability will
be appropriated to an Internal Revenue Code Section 115 Irrevocable Trust until
such time as sources become available to increase the funding; and
WHEREAS, the City Council has considered this spending plan.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda
that said budget as submitted to this Council at this meeting, and each and every part
thereof, be, and the same is hereby approved and adopted as the Operating Budget
and Capital Improvement Budget for the City of Alameda for the Fiscal Year 2008-
2009, and that the expenditure of the various sums of money therein provided to be
spent for salaries and wages, maintenance and operation, capital outlay and capital
improvements by each department therein listed in detail are hereby approved and
authorized in total as the appropriations for the Fiscal Year ending June 30, 2009.
BE IT FURTHER RESOLVED by the Council of the City of Alameda that the
Payment in Lieu of Taxes (PILOT) payable by the Housing Authority of the City of
Alameda is hereby waived and not payable.
BE IT FURTHER RESOLVED by the Council of the City of Alameda that the
Other Post Employment Benefit Plan is herby adopted.
Budget Profile - All Funds
Fiscal Year 2008 -2009
General Fund $ 75,894,897 35.5%
Special Revenue Fund Group: $ 63,505,777 29.7%
Police /Fire Const. Impact 46,148
Const Improvement Fund 850,000
CIC -WECIP ' 2,882,315
2003 CIC Tax Allo 2003A1
2003 CIC Tax Allo 2003A2 -
2003 CIC Tax Allo 2003B
CIC -WECIP Housing 1,306,760
CIC -BWIP 1,287,752
CIC -BWIP Housing 1,023,349
CIC -BWIP Hsg 2002 Bond Proceeds 535,550
CIC- Housing In -Lieu Fee 684,253
AUSD Housing Fund 1,750,000
CIC -APIP 126,870
CIC -APIP Housing 91,675
Planning & Building Services 4,205,027
Alameda City Library Fund 3,287,824
Gas Tax Fund 1,170,000
XIXB Trans Improvement Fund
Traffic Safety Fund 150,000
County Measure B Fund
Measure B - Local St & Rd 1,064,000
Measure B - Bicycle Ped Imp 250,000
Measure B - Transbay Ferry 850,000
Measure B - Para Transit -
Measure B - Capital Projects
Measure B - Transp Sr & Disab
Tidelands Fund 109,583
Narcotics Asset Seizure
Dwelling Unit Fund 215,000
Parking In -Lieu Fund
Parking Meter Fund 457,622
Civic Center Garage 250,000
TSM/TDM Fund -
Commercial Revitalization 1,545
Theatre Project/Parking Garage
Home Fund 303,504
CDBG 1,909,351
Budget Profile - All Funds
Fiscal Year 2008 -2009
Home Repymt Fund
Rehab Repayment Fund 327,065
FISC Lease Revenue Fund 619,000
FISC - Catellus 11,868,690
FISC - Catellus Ph II 450,000
FISC - Catel /ProLogis Ala Landing 4,428,154
Housg Developmt -HA Reimb
HA Section 8 Projects
Affordable Housing 361,051
Human Services 61,200
CHRPO /LEAD
Garbage Subcharge Fund 110,000
Curbside Recycling 100,000
Waste Reduction Surcharge 1,072,137
City Waste Management Program 73,600
Island City Maint 84 -2
Island City Maint 84 -2 Z1 6,800
Island City Maint 84 -2 Z2 27,350
Island City Maint 84 -2 Z3 24,350
Island City Maint 84 -2 Z4 80,617
Island City Maint 84 -2 Z5 830,000
Island City Maint 84 -2 Z6 674,564
Island City Maint 84 -2 Z7 38,300
Marina Cove Maint Dist 01 -1 191,596
Reserve Marina Cove 01 -01 -
Bayport AD 03 -1 453,500
Athletic Fund 2,102,311
Public Art Fund
Historical Advisory Board
Sr Citizen Transportation 161,800
Alameda Reuse & Redevelop 14,635,565
Dike Maintenance Fund
Capital Project Fund Group: $ 28,088,722 13.1%
Waste Water Capital Reserve
Capital Improvement Proj. 23,661,000
FISC Catellus Traffic Fee -
Marina Village A.D. 89 -1
H.B.I. 92 -1 Assessmt Dist
Library Construction Fund
Open Space Improvement Fund
2003 AP Rev Bond Project Fund
Budget Profile - All Funds
Fiscal Year 2008 -2009
CDF -WE Traffic Safety
CDF -WE Parks & Rec
CDF -WE Public Facilities
CDF -WE Public Safety
CDF -NW Traffic Safety
CDF -NW Park & Recreation
CDF -NW Public Safety
CDF -NW Public Safety
CDF -CEE Traffic Safety
CDF -CEE Parks & Recreation
CDF -CEE Public Facilities
CDF -CEE Public Safety
CDF -BF Traffic Safety
CDF -BF Parks & Recreation
CDF -BF Public Facilities
CDF- BFPublic Safety
Transportation Impmt. Fund
Urban Runoff
CFD #1 Harbor Bay
CFD #2 Paragon Gateway
4,427,722
Debt Service Fund Group: $ 7,522,086 3.5%
Debt Svc -1990 Police Bldg 46,148
Debt Svc - Library/Golf Proj 121,193
Debt Svc - Library Bond 2003 670,325
Debt Svc -HUD 108 Ln- Parking/Theatre 231,517
Debt Svc -Debt Sery CIC Tx All Bd -
Debt Svc -CIC Sub Bond 814,882
Debt Svc -Refin CityHall 2002 827,338
Debt Svc 2003 Tax Allo Refd BWIP 1,263,769
Debt Svc 2003 CIC Tax Alloc Bd 2,746,914
Debt Svc 2003 AP Rev Bond 800,000
Enterprise Fund Group: $ 16,189,671 7.6%
Golf Course Fund 5,024,585
Sewer Service Fund 7,602,801
Ferry Service Fund 433,748
East End Ferry 1,010,960
West End Ferry 2,117,577
Internal Service Fund Group: $ 8,773,483 4.1%
Central Stores Fund
Central Garage Fund
Techology Sery Fund 1,192,132
Worker's Comp Self lnsur 3,147,080
Risk Management Fund 2,245,231
Unemployment Insurance 60,000
Post Employment Fund 2,129,040
Budget Profile - All Funds
Fiscal Year 2008 -2009
Trust & Agency Fund Group:
Debt Svc for 508 84 -3A
Debt Svc for 510 84 -3B
Police /Fire Pension 1079 2,808,000
Police /Fire Pension 1082 41,000
Debt Svc for 512 89 -1 3,226,953
Debt Svc for 513 92 -1
1998 Revenue Bond Debt Fd 2,765,515
1999 Revenue Bond Debt Fd 3,226,953
Assessment District CFD #1 1,604,441
Assessment District CFD#2 177,735
$ 13,850,597 6.5%
Total All Funds $ 213,825,234 100.0%
Memo only:
Housing Authority
Alameda Power & Telecom (pre - final)
All Inclusive Total
$ 27,113,845
68,304,784
$ 309,243,863
I, the undersigned, hereby certify that the foregoing Resolution was duly
and regularly adopted and passed by the Council of the City of Alameda during
the Special Joint Meeting of the City Council, Alameda Public Financing
Authority, Alameda Reuse and Redevelopment Authority and the Community
Improvement Commission on the 17th day of June, 2008, by the following vote to
wit:
AYES: Councilmembers deHaan, Gilmore, Matarrese, Tam
and Mayor Johnson - 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official
seal of said City this 18th day of June, 2008.
t-ai-v-
Lara Weisiger, City CI
City of Ala