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Resolution No. 94891 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 9489 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON AMENDING RESOLUTION NO. 9341, WHICH APPROVED A BUDGET FOR THE FISCAL YEAR 2007-2008, TO REFLECT CHANGES WHEREAS, on June 25, 2007, the City Council of the City of Vernon adopted Resolution No. 9341 which approved a budget for the fiscal year 2007-2008 (the "Budget Resolution"); and WHEREAS, on August 27, 2007, the City Council of the City of Vernon adopted Resolution No. 9388 which approved an amendment to the budget for the fiscal year 2007-2008; and WHEREAS, on October 15, 2007, the City Council of the City of Vernon adopted Resolution No. 9445 which approved an amendment to the budget for the fiscal year 2007-2008; and WHEREAS, on November 19, 2007, the City Council of the City of Vernon adopted Resolution No. 9468 which approved an amendment to the budget for the fiscal year 2007-2008; and WHEREAS, the City Council of the City of Vernon wishes to amend the budget for fiscal year 2007-2008 to reflect certain increased requirements and changes for the fiscal year; and WHEREAS, pursuant to Chapter 8.5 of the City of Vernon Charter, the budget may be amended or supplemented by an affirmative vote of the majority of the members of the Council, at any meeting of the City Council after the adoption of the budget; and WHEREAS, the budget changes and increases approved by this Resolution will not cause the budget of the City to exceed the general government appropriations limit for fiscal year 2007-2008 established by Resolution No. 9340; and I WHEREAS, on November 21, 2007, the City posted a notice of a 2 public hearing for December 3, 2007, regarding the adoption of an 3 amendment to the budget; and 4 WHEREAS, a duly noticed public hearing on the adoption of an 5 amendment to the budget was held by the City Council on December 3, 6 2007. 7 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE 8 CITY OF VERNON AS FOLLOWS: 9 SECTION 1: The City Council of the City of Vernon 10 hereby finds and determines that the recitals contained herein above 11 are true and correct. 12 SECTION 2: The City Council of the City of Vernon hereby 13 approves changes to the 2007-2008 budget pursuant to Exhibit A 14 attached hereto and incorporated by reference to reflect certain 15 increased requirements for the fiscal year 2007-2008 for the budget of 16 the City of Vernon. 17 SECTION 3: The City Council of the City of Vernon hereby 18 approves changes to the 2007-2008 anticipated revenues pursuant to 19 Exhibit B attached hereto and incorporated by reference to reflect 20 certain increased requirements for the 2007-20,08 fiscal year. 21 SECTION 4: The City Council of the City of Vernon hereby 22 finds and determines that the certain items set forth in Exhibits A 23 and B are necessary, and the City Council of the City of Vernon 24 further finds and determines that the same is in the best, interests of 25 the City of Vernon and constitutes a reasonable expenditure of public 26 funds. 27 SECTION 5: The City Clerk, or her designee, is hereby 28 directed to file this Resolution with the County Auditor of Los 2 I Angeles County, located at the following address, within sixty (60) 2 days after its passage, to fulfill the purposes of §§ 53990 and 53901 3 of the Government Code of the State of California with respect to this 4 amendment: 5 County of Los Angeles Office of Auditor/Controller 6 Hall of Administration 7 500 West Temple Street Los Angeles, CA 90012 8 9 SECTION 6: The provisions of Resolution Nos. 9341, 9388, 10 9445 and 9468 not consistent with or in conflict with this resolution 11 are hereby repealed; in all other respects Resolution Nos. 9341, 9388 12 9445, and 9468 shall remain in full force and effect. 13 SECTION 7: The City Clerk of the City of Vernon shall 14 certify to the passage of this resolution, and thereupon and 15 thereafter the same shall be in full force and effect. 16 APPROVED AND ADOPTED this 3rd day of December, 2007. 17 ] 18� _ Name: Leonis C. Malburg 19 20 Title: Mayor /• s+c�Ynr^-mA,» a 21 ATT ST: 22 23 MAN ELA GIRON, City Clerk 24 25 26 27 28 3 - 1 STATE OF CALIFORNIA ) 2 ) ss COUNTY OF LOS ANGELES ) 3 4 I, MANUELA GIRON, City Clerk of the City of Vernon, do hereby 5 certify that the foregoing Resolution, being Resolution No. 9489, was 6 duly adopted by the City Council of the City of Vernon at a regular 7 meeting of the City Council duly held on Monday, December 3, 2007, and 8 thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of 9 Vernon. 10 11 'HANUELA GIkON,ity Clerk 12 13 (SEAL) 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 - 4 - A Page 1 EXHIBIT A AMENDMENT TO EXHIBIT A OF RESOLUTION NO. 9341 Increase SALARIES for CITY COUNCIL on page 1 from $330,000 to $335,968 to reflect cost of living increase and increase BENEFITS for CITY COUNCIL on page 1 from $58,619 to $59,460 for increase in retirement benefits. Net Increase $6,809 2. Increase SALARIES for CITY ADMINISTRATION on page 1 from $61,200 to $62,307 to reflect cost of living increase and increase BENEFITS for CITY ADMINISTRATION on page 1 from $10,978 to $11,134 for increase in retirement benefits. Net Increase $1,263 3. Increase SALARIES for CITY CLERK on page 1 from $241,580 to $245,949 to reflect cost of living increase and increase BENEFITS for CITY CLERK on page 1 from $48,192 to $48,807 for increased retirement benefits. Net Increase $4,984 4. Increase SALARIES for FINANCE on page 1 from $238,930 to $243,251 to reflect cost of living increase and increase BENEFITS for FINANCE on page 1 from $47,409 to $48,018 for increased retirement benefits. Net Increase $4,930 5. Increase SALARIES for TREASURER on page 1 from $300,877 to $306,317 to reflect cost of living increase and increase BENEFITS for TREASURER on page 1 from $52,624 to $53,390 for increased retirement benefits. Net Increase $6,207 6. Increase SALARIES for PURCHASING on page 1 from $274,103 to $279,060 to reflect cost of living increase and increase BENEFITS for PURCHASING on page 1 from $49,935 to $50,633 for increased retirement benefits. Net Increase $5,655 7. Increase SALARIES for PERSONNEL on page 1 from $918,288 to $921,331 to reflect cost of living increase and increase BENEFITS for PERSONNEL on page 1 from $3,782,483 to $3,782,912 for increased retirement benefits. Net Increase $3,472 8. Increase SALARIES for RISK MANAGEMENT on page 1 from $84,768 to $86,301 to reflect cost of living increase and increase BENEFITS for RISK MANAGEMENT on page 1 from $16,110 to $16,326 for increased retirement benefits. Net Increase $1,749 9. Increase SALARIES for POLICE/FIRE DISPATCH on page 1 from $538,653 to $548,394 to reflect cost of living increase and increase BENEFITS for POLICE/FIRE DISPATCH on page 1 from $93,385 to $99,757 for increased retirement benefits. Net Increase $11,113 Page 2 EXHIBIT A AMENDMENT TO EXHIBIT A OF RESOLUTION NO. 9341 10. Increase SALARIES for HEALTH/ENVIRONMENTAL CONTROL on page 1 from $726,014 to $739,143 to reflect cost of living increase and increase BENEFITS for HEALTH/ENVIRONMENTAL CONTROL page 1 from $126,154 to $128,003 for increased retirement benefits. Net Increase $14,978 11. Increase SALARIES for HEALTH/SOLID WASTE on page 1 from $125,850 to $128,126 to reflect cost of living increase and increase BENEFITS for HEALTH/SOLID WASTE on page 1 from $21,222 to $21,543 for increased retirement benefits. Net Increase $2,597 12. Increase SALARIES for POLICE on page 1 from $6,347,954 to $6,462,746 to reflect cost of living increase and increase BENEFITS for POLICE on page 1 from $2,301,895 to $2,339,867 for increased retirement benefits. Net Increase $152,764 13. Increase SALARIES for CITY ATTORNEY on page 1 from $1,281,148 to $1,285,247 to reflect cost of living increase and inrease BENEFITS for CITY ATTORNEY on page 1 from $445,308 to $446,664 for increased in retirement benefits. Net Increase $5,455 14. Increase SALARIES for FIRE on page 1 from $7,491,217 to $7,640,230 to reflect cost of living increase and increase BENEFITS for FIRE on page 1 from $2,727,440 to $2,776,732 for increased retirement benefits. Net Increase $198,305 15. Increase SALARIES for CIVIL DEFENSE on page 1 from $39,524 to $40,239 to reflect cost of living increase and increase BENEFITS for CIVIL DEFENSE on page 1 from $6,140 to $6,377 for increased retirement benefits. Net Increase $952 16. Increase SALARIES for ADMIN-ENGR-PLANNING on page 1 from $421,861 to $429,490 to reflect cost of living increase and increase BENEFITS for ADMIN-ENGR-PLANNING on page 1 from $71,820 to $72,895 for increased retirement benefits. Net Increase $8,704 17. Increase SALARIES for BUILDING DEPARTMENT on page 1 from $543,572 to $553,402 to reflect cost of living increase and increase BENEFITS for BUILDING DEPARTMENT on page 1 from $96,139 to $97,524 for increased retirement benefits. Net Increase $11,215 18. Increase SALARIES for PUBLIC WORKS on page 1 from $1,305,584 to $1,329,193 to reflect cost of living increase and increase BENEFITS for PUBLIC WORKS on page 1 from $234,566 to $237,892 for increased retirement benefits. Net Increase $26,935 IN 20. 21 22. 23. 24. 25. 26. 27 EXHIBIT A AMENDMENT TO EXHIBIT A OF RESOLUTION NO. 9341 Increase SALARIES for CITY GARAGE on page 1 from $528,825 to $538,388 to reflect cost of living increase and increase BENEFITS for CITY GARAGE on page 1 from $94,718 to $96,065 for increased retirement benefits. Net Increase $10,910 Increase SALARIES for CITY WAREHOUSE on page 1 from $320,794 to $326,595 to reflect cost of living increase and increase BENEFITS for CITY WAREHOUSE on page 1 from $57,917 to $58,734 for increased retirement benefits. Net Increase $6,618 Increase SALARIES for CITY HOUSING on page 1 from $104,673 to $106,566 to reflect cost of living increase and increase BENEFITS for CITY HOUSING on page 1 from $19,602 to $19,869 for increased retirement benefits. Net Increase $2,160 Increase SALARIES for CITY BUILDINGS on page 1 from $354,575 to $360,987 to reflect cost of living increase and increase BENEFITS for CITY BUILDINGS on page 1 from $109,677 to $110,580 for increased retirement benefits. Net lncrease $7,315 Increase SALARIES for FUND 060 on page-2 from $145,650 to $186,784 to reflect cost of living increase and increase in hazardous material pay and increase BENEFITS for FUND 060 on page 2 from $32,548 to $32,919 for increased retirement benefits. Net Increase $41,505 Increase SALARIES for WATER OPERATIONS on page 2 from $1,165,172 to $1,186,242 to reflect cost of living increase and increase BENEFITS for WATER OPERATIONS on page 2 from $209,411 to $212,379 for increased retirement benefits. Net Increase $24,038 Increase SALARIES for METERING on page 2 from $496,224 to $505,197 to reflect cost of living increase and increase BENEFITS for METERING on page 2 from $86,863 to $88,127 for increased retirement benefits. Net Increase $10,237 Increase SALARIES for SYSTEM DISPATCH on page 2 from $994,267 to $1,012,247 to reflect cost of living increase and increase BENEFITS for SYSTEM DISPATCH on page 2 from $177,849 to $180,382 for increased retirement benefits. Net Increase $20,513 Increase SALARIES for GENERATION(MGS) on page 2 from $573,290 to $583,657 to reflect cost of living increase and increase BENEFITS for GENERATION(MGS) on page 2 from $98,251 to $99,711 for increased retirement benefits. Net Increase $11,827 Page 3 Page 4 EXHIBIT A AMENDMENT TO EXHIBIT A OF RESOLUTION NO. 9341 28. Increase SALARIES for TRANS/DISTRIBUTION GENERATION (GONZALES/HAM ILTON on page 2 from $37,771 to $38,454 to reflect cost of living increase and increase BENEFITS for TRANS/DISTRIBUTION GENERATION(GONZALES/HAMILTON on page 2 from $6,603 to $6,699 for increased retirement benefits. Net Increase $779 29. Increase SALARIES for CUSTOMER SERVICE on page 2 from $205,000 to $208,707 to reflect cost of living increase and increase BENEFITS for CUSTOMER SERVICE on page 2 from $58,000 to $58,522 for increased retirement benefits. Net Increase $4,229 30. Increase SALARIES for ADMINISTRATION on page 2 from $708,452 to $721,263 to reflect cost of living increase and increase BENEFITS for ADMINISTRATION on page 2 from $93,335 to $95,140 for increased retirement benefits. Net Increase $14,616 31. Increase SALARIES for ELECTRICAL ENG on page 2 from $704,902 to $717,649 to reflect cost of living increase and increase BENEFITS for ELECTRICAL ENG on page 2 from $121,760 to $123,556 for increased retirement benefits. Net Increase $14,543 32. Increase SALARIES for RESOURCE MANAGEMENT on page 2 from $381,704 to $388,606 to reflect cost of living increase and increase BENEFITS for RESOURCE MANAGEMENT on page 2 from $65,268 to $66,240 for increased retirement benefits. Net Increase $7,874 33. Increase SALARIES for INFORMATION TECHNOLOGY on page 2 from $259,072 to $263,757 to reflect cost of living increase and increase BENEFITS for INFORMATION TECHNOLOGY on page 2 from $46,129 to $46,789 for increased retirement benefits. Net Increase $5,345 34. Increase SALARIES for PUBLIC BENEFITS on page 2 from $121,980 to $124,186 to reflect cost of living increase and increase BENEFITS for PUBLIC BENEFITS on page 2 from $20,207 to $20,518 for increased retirement benefits. Net Increase $2,517 35. Increase SALARIES for GAS on page 2 from $254,710 to $259,316 to reflect cost of living increase and increase BENEFITS for GAS on page 2 from $44,282 to $44,931 for increased retirement benefits. Net Increase 5,255 36. Increase SALARIES for FIBER -OPTICS on page 2 from $84,576 to $86,105 to reflect cost of living increase and increase BENEFITS for FIBER -OPTICS on page 2 from $14,710 to $14,925 for increase retirement benefits. Net Increase $1,744 NET BUDGET AMENDMENT INCREASE $660,112 DEPARTMENT CITY COUNCIL CITY ADMINISTRATION CITY CLERK FINANCE ELECTIONS TREASURER PURCHASING PERSONNEL EMPLOYEE RELATIONS RISK MANAGEMENT POLICE/FIRE DISPATCH SUB -TOTAL ADMIN LIBRARY CITY OF VERNON EXPENDITURE BUDGET 2007-2008 Page 1 of 2 SUPPLIES/ CAPITAL CAPITAL SALARIES BENEFITS SERVICES EQUIPMENT PROJECTS TOTAL 335,968 59,460 128,000 523,428 62,307 11,134 28,500 27,000 128,941 245,949 48,807 45,850 340,606 243,251 48,018 1,440,400 1,731,669 19,000 19,000 306,317 53,390 94,100 453,807 279,060 50,633 11,800 341,493 921,331 3,782,912 459,400 5,163,643 900,000 45,000 945,000 86,301 16,326 1,708,250 1,810,877 548,394 99,757 64,907 713,058 3,028,878 5,070,437 4,045,207 27,000 0 12,171,522 65,500 65,500 HEALTH/ENVIRONMENTAL CTRL 739,143 128,003 200,915 37,000 1,105,061 HEALTH - SOLID WASTE 128,126 21,543 173,000 29,000 351,669 SUB -TOTAL HEALTH 867,269 149,546 373,915 66,000 0 1,456,730 POLICE 6,462,746 2,339,867 847,813 594,251 10,244,677 CITY ATTORNEY 1,285,247 446,664 2,732,500 4,464,411 FIRE 7,640,230 2,776,732 1,170,700 115,500 207,500 11,910,662 CIVIL DEFENSE 40,239 6,377 141,800 365,637 554,053 SUB -TOTAL SAFETY 15,428,462 5,569,640 4,892,813 1,075,388 207,500 27,173,803 ADMIN-ENGR-PLANNING 429,490 72,895 225,500 727,885 BUILDING DEPARTMENT 553,402 97,524 133,000 783,926 PUBLIC WORKS 1,329,193 237,892 1,260,700 588,700 200,000 3,616,485 CITY GARAGE 538,388 96,065 40,000 674,453 CITY WAREHOUSE 326,595 58,734 28,700 414,029 CITY HOUSING 106,566 19,869 85,400 1,500,000 1,711,835 CITY BUILDINGS 360,987 110,580 631,300 50,000 1,152,867 SUB -TOTAL COMM SER 3,644,621 693,559 2,404,600 638,700 1,700,000 9,081,480 APPROPRIATED RES 0 SUMMARY GEN FUND OPERATING 22,969,230 11,483,182 11,782,035 1,807,088 1,907,500 49,949,035 TOTAL GENERAL FUND 22,969,230 11,483,182 11,782,035 1,807,088 1,907,500 49,949,035 EXHIBIT "A" CITY OF VERNON EXPENDITURE BUDGET 2007-2008 Page 2 of 2 SUPPLIES/ CAPITAL CAPITAL DEPARTMENT SALARIES BENEFITS SERVICES EQUIPMENT PROJECTS TOTAL TOTAL GENERAL FUND 22,969,230 11,483,182 11,782,035 1,807,088 1,907,500 49,949,035 REDEVELOPMENT FUND 3,046,975 5,790,000 8,836,975 INDUSTRIAL 212,331 82,409 92,000,000 92,294,740 DEVELOPMENT FUND 60 186,784 32,919 197,000 4,000 550,000 970,703 PARCEL TAX - FUND 095 550,000 550,000 UTILITIES WATER FUND WATER OPERATIONS 1,186,242 212,379 4,321,000 152,500 3,425,000 9,297,121 RECYLCLED WATER 322,000 322,000 OVERHEAD ALLOCATION 540,000 540,000 SUB -TOTAL WATER 1,186,242 212,379 5,183,000 152,500 3,425,000 10,159,121 LIGHT & POWER 8000 SERIES METERING 505,197 88,127 1,222,000 481,000 2,296,324 SYSTEM DISPATCH 1,012,247 180,382 48,895 35,000 1,276,524 GENERATION (MGS) 583,657 99,711 48,707,924 250,000 4,436,186 54,077,478 TRANS/DISTRIBUTION 4,295,500 1,200,000 5,495,500 GENERATION (GONZALES/ 38,454 6,699 172,500 25,000 162,000 404,653 HAMILITON) 9000 SERIES CUSTOMER SERVICE 208,707 58,522 97,000 364,229 ADMINISTRATION 721,263 95,140 18,833,500 450,000 4,200,000 24,299,903 ELECTRICAL ENG 717,649 123,556 866,540 117,000 13,950,000 15,774,745 RESOURCE MANAGEMENT 388,606 66,240 39,310,098 210,000 39,974,944 STREET LIGHTING 10,000 10,000 INFORMATION TECHNOLOGI 263,757 46,789 803,000 145,000 50,000 1,308,546 PUBLIC BENEFITS 124,186 20,518 327,000 471,704 SUB -TOTAL L & P 4,563,723 785,684 114,693,957 2,703,000 23,008,186 145,754,550 GAS 259,316 44,931 45,605,300 300,000 46,209,547 FIBER -OPTICS 86,105 14,925 820,300 292,000 935,000 2,148,330 TOTAL UTILITIES 6,095,386 1,057,919 166,302,557 3,147,500 27,668,186 204,271,548 GRAND TOTAL 29,463,731 12,656,429 181,328,567 4,9587588 128,465,686 356 873 001 EXHIBIT "A" EXHIBIT B EXHIBIT B AMENDMENT TO EXHIBIT B OF RESOLUTION NO. 9341 1. Increase RESERVE APPLIED for GENERAL FUND on page 1 from $6,746,152 to $7,299,831 Net Increase $553,679 2. Increase RESERVE APPLIED for HAZARDOUS WASTE on page 2 from $355,000 to $395,703 Net Increase $40,703 3. Increase RESERVE APPLIED for WATER on page 2 from $1,895,700 to $1,919,671 Net Increase $23,971 4. Increase TRANSFER IN -FROM GENERAL FUND for GAS on page 2 from $1,205,000 to $1,209,547 Net Increase $4,547 NET REVENUE AMENDMENT CHANGE $622,900 CITY OF VERNON ESTIMATED REVENUES 2007-2008 Page 1 of 2 GOVERNMENTAL FUND TYPE ESTIMATED GENERAL REVENUE 400110 SECURED PROPERTY TAX -CURRENT $2,100,000 400111 UNSECURED PROPERTY TAX -CURRENT $40,000 400210 SECURED/UNSECURED-PRIOR YEARS $40,000 400310 REAL PROPERTY TRANSFER TAX $75,000 400311 BNSF $500,000 400500 PROPERTY TAX -INTEREST & PENALTIES $25,000 400610 PROP "A" FUNDS $1,300 400630 PROP "C" FUNDS $1,200 400700 HOMEOWNERS' PROPERTY TAX EXEMPTION $20,000 400820 PUBLIC SAFETY AUGMENTATION FUND $900 401200 SALES AND USE TAX $4,400,000 410100 BUSINESS LICENSES $1,300,000 410210 BUILDING PERMITS $600,000 410212 ALARM PERMITS $40,000 410215 ENGINEERING PERMIT FEES $14,000 410230 WHOLESALE FOOD VEHICLE PERMIT $80,000 410240 PUBLIC HEALTH PERMITS $520,000 410270 FILMING PERMITS $40,000 410280 CONDITIONAL USE PERMITS $15,000 410290 ISSUANCE FEE $2,000 410300 FRANCHISES AND AGREEMENTS $800,000 420100 VEHICLE CODE FINES $170,000 420110 OTHER FINES $80,000 420510 PARKING CITATIONS $60,000 420520 COMMUNITY SERVICES INCOME $100,000 430110 GENERAL FUND INTEREST $300,000 440100 GRANT REVENUE $200,000 441011 SMOCTA $1,000 441013 ASSET FORFEITURE FUNDS $25,000 441030 OFF HIGHWAY VEHICLE FEE $5 442001 MOTOR VEHICLE IN -LIEU TAX $2,000 450111 SPECIAL POLICE DEPARTMENT SERVICES $115,000 450113 LIBRARY REVENUE $0 450120 ENGINEERING INSPECTION FEES $10,000 458000 OVERHEAD ALLOCATION $9,000,000 464800 LAUNDRY RECEIPTS $800 466000 P.O.S.T. REIMBURSEMENT $55,000 466200 PLAN CHECK FEES $300,000 466400 RESTORATION (STREET REPAIR) $1,000 466600. SALE OF PUBLICATIONS AND COPIES $10,000 466900 MISCELLANEOUS $120,000 468000 REIMBURSEMENT -PRIOR YEARS EXPENSE $275,000 468400 VARIANCES $10,000 469300 RESERVE APPLIED $7,299,831 630020 LIGHT AND POWER IN -LIEU TAX $3,000,000 630055 WATER IN -LIEU TAX $200,000 670010 SALE OF CITY PROPERTY $18,000,000 SUB -TOTAL REVENUE ITEMS $49,949,036 EXHIBIT "B" CITY OF VERNON ESTIMATED REVENUES 2007-2008 Page 2 of 2 GOVERNMENTAL FUND TYPE ESTIMATED GENERAL REVENUE SUB -TOTAL REVENUE ITEMS $49,949,036 NON -REVENUE ITEMS: 4595 TRUST DEEDS $3,500 4596 RETIRED EMPLOYEES $550,000 SUB -TOTAL NON -REVENUE ITEMS $553,500 SPECIAL REVENUE: 4576 GAS TAX 2106 $6,200 4577 GAS TAX_2107 $850 4578 GAS TAX 2107.5 $1,200 4582 GAS TAX INTEREST $500 SUB -TOTAL GAX TAX $8,750 TOTAL GENERAL FUND $50,511,286 SPECIAL FUNDS 060 HAZARDOUS WASTE FUND $575,000 060 HAZARDOUS WASTE FUND -RESERVES $395,703 095 PARCEL TAX REVENUES $4,000,000 095 PARCEL TAX - RESERVES $0 SUB -TOTAL SPECIAL FUNDS $4,970,703 CAPITAL PROJECTS 022 RDA TAX INCREMENT $8,149,306 022 RDA -INTEREST $900,000 1023 INDUSTRIAL DEVELOP MENT(sale of city assets) $92,000,000 TOTAL GOVERNMENTAL TYPE FUNDS $156,531,295 PROPRIETARY FUND TYPES WATER DEPARTMENT 020 WATER -REVENUE $8,068,100 20 WATER -RECYCLED $171,350 RESERVE APPLIED $1,919,671 SUB -TOTAL WATER $10,159,121 LIGHT AND POWER 055 LIGHT & POWER - SALES REVENUE $172,454,100 055 LIGHT & POWER - INTEREST REVENUE $10,460,644 SUB -TOTAL LIGHT & POWER $182,914,744 057 FIBER -OPTICS FIBER -OPTICS - REVENUES 500,000 TRANSFER IN - FROM GENERAL FUND $1,650,000 $2,150,000 056 GAS UTILITY GAS - REVENUES $45,000,000 TRANSFER IN - FROM GENERAL FUND $1,209,457 $46,209,457 SUB -TOTAL ENTERPRISE FUNDS $241,433,322 GRAND TOTAL ALL FUNDS $397,964,617 EXHIBIT "B" 4305 Santa Fe Avenue, Vernon, California 90058 Telephone (323) 583-8811 December 19, 2007 County of Los Angeles Office of Auditor/Controller Hall of Administration 500 West Temple Street Los Angeles, CA 90012 Re: Resolution No. 9489 - A Resolution of the City Council of the City of Vernon Amending Resolution No. 9341, Which Approved a Budget for the Fiscal Year 2007-2008, to Reflect Changes Dear Sir or Madam: Transmitted herewith is a copy of Resolution No. 9489 that was approved by City Council on December 3, 2007. If you have any questions regarding this matter, please call Mr. Rory Burnett at (323) 583-8811 ext. 262. Very truly yours, Nelly iron City Clerk NG:dr c: Rory Burnett Sharon Duckworth Resolution No. 9489 E (usivefy Industriaf