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Home My WebLink About2022-06-14; City Council; Resolution 2022-136RESOLUTION NO. 2022-136 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, ACTING AS SUCCESSOR AGENCY FOR THE CARLSBAD REDEVELOPMENT AGENCY, ADOPTING THE FINAL OPERATING BUDGET OF THE SUCCESSOR AGENCY AND THE ENFORCEABLE DEBT OBLIGATIONS OF THE CITY OF CARLSBAD'S REDEVELOPMENT OBLIGATION RETIREMENT FUND FOR FISCAL YEAR 2022-23 AND ESTABLISHING CONTROLS ON CHANGES IN APPROPRIATIONS FOR BUDGET FUNDS EXHIBIT 8 WHEREAS, the City Council of the City of Carlsbad, California has been designated as the Successor Agency for the Carlsbad Redevelopment Agency (Successor Agency) and, as such, is responsible for the administrative responsibilities required to complete the work of the former Carlsbad Redevelopment Agency and repay all enforceable debt obligations; and WHEREAS, the Successor Agency and the appointed Oversight Board have reviewed the proposed Operating Budget for the Successor Agency and previously approved the enforceable debt obligations to be repaid from the Redevelopment Obligation Retirement Fund for fiscal year (FY) 2022- 23; and WHEREAS, the Successor Agency finds that the proposed Operating Budget for the Agency and the Oversight Board approved enforceable debt obligations of the Redevelopment Obligation Retirement Fund are consistent with the Recognized Obligation Payment Schedule prepared by the Successor Agency and approved by the Oversight Board; and WHEREAS, public hearings have been held as necessary prior to the adoption of the final operating budget. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, acting as Successor Agency for the Carlsbad Redevelopment Agency, as follows: 1.That the above recitations are true and correct. 2.That certain documents now on file in the Office of the City Clerk of the City of Carlsbad, entitled "Fiscal Year 2022-23 Preliminary Operating Budget," presented at the Joint Special Meeting on May 24, 2022 as Exhibit 1 to Item No. 8, as amended, if necessary, in accordance with Attachments A-A3, B-B2, C and D of Exhibit 4 to Item 7 presented at this Joint Special Meeting on June 14, 2022 are adopted as the final Operating Budget for the Successor Agency and the enforceable debt obligations of the City of Carlsbad's Redevelopment Obligation Retirement Fund for FY 2022-23, along with any program June 14, 2022 Item #7 Page 188 of 454 options and/or adjustments, if any, determined by the Successor Agency as set forth in the minutes of this Joint Special Meeting of June 14, 2022. 3.That the amounts reflected as estimated revenues for FY 2022-23 are adopted as the budgeted revenues for FY 2022-23. 4.That the amount designated as FY 2022-23 Budget request in Attachment A to this Exhibit 8 is appropriated to the fund for which it is designated, and such appropriation shall not be increased except as provided in this resolution. 5.That the following controls are placed on the use and transfer of budget funds: A.No expenditure of funds shall be authorized unless sufficient funds have been appropriated by the Successor Agency or designee, as described below. i.The City Manager may authorize all transfers of funds from account to account within the same fund. ii.The City Manager may delegate the authority to make budget transfers and adjustments. iii.The City Manager may authorize budget adjustments involving offsetting revenues and expenditures; the City Manager is authorized to increase an appropriation for a specific purpose where said appropriation is offset by unbudgeted revenue which is designated for said specific purpose and is approved in advance by the Oversight Board. B.The Successor Agency must authorize any increase in the number of authorized permanent personnel positions above the level identified in the final budget. The City Manager may authorize the hiring of temporary or part-time staff as necessary, within the limits imposed by the controls listed above and subject to the Operating Budget for the Successor Agency. 6.That all outstanding encumbrances as of June 30, 2022, are continued into FY 2022-23 for such contracts and obligations, as approved by the Oversight Board. June 14, 2022 Item #7 Page 189 of 454 PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the City Council of the City of Carlsbad, the Board of Directors of the Carlsbad Municipal Water District, the Board of Directors of the Carlsbad Public Financing Authority, the City of Carlsbad Community Development Commission, and the City Council of the City of Carlsbad as Successor Agency to the Carlsbad Redevelopment Agency held on the 14th day of June, 2022, by the following vote, to wit: AYES: NAYS: ABSENT: Blackburn, Bhat-Patel, Acosta, Norby. None. Hall. J(4J7 MATT�, Mayor � FAVIOLA MEDINA, City Clerk Services Manager {SEAL) June 14, 2022 Item #7 Page 190 of 454 Attachment A COMMUNITY SERVICES | HOUSING & HOMELESS SERVICES: SUCCESSOR AGENCY Account: 801, 811 Fund: Trust Fund – Successor Agency ABOUT The successor agency is responsible for preparing a recognized obligation payments schedule as detailed by the State of California’s Department of Finance, listing the enforceable obligations of the former redevelopment agency and their source of payment. This payment schedule is subject to approval by the countywide oversight board. SERVICES •Administer the successor agency, which is responsible for preparing a recognized obligation payment schedule as detailed by the State of California’s Department of Finance, listing the enforceable obligations of the former redevelopment agency and their source of payment •Participate in activities associated with the dissolution of the redevelopment agency •Ensure payment of all debt obligations as approved by the oversight board RECENT ACCOMPLISHMENTS •Processed Recognized Obligations Payment Schedule for fiscal year 2021-22 for approval by the countywide oversight board •Received loan repayment from the successor agency and funding for payment on redevelopment bond GOALS •Continue to take actions to dissolve the former redevelopment agency in a timely manner and ensure repayment of all approved debt obligations 2019-20 Actual 2020-21 Actual 2021-22 Budget 2022-23 Budget Personnel Services Salaries & Wages 22,838$ 17,391$ -$ -$ Retirement Benefits 13,170 5,373 - - Health Insurance 146 21 - - Other Personnel Expenses 3,315 582 - - Personnel Services Subtotal 39,469 23,367 - - Operating Expenses Professional & Contract Services 6,008 5,008 25,000 30,000 Supplies & Materials 7,060 4,613 - - Repair & Maintenance - - - - Interdepartmental Charges 45,660 45,996 7,295 7,670 Other Operating Expenses 1,115,400 160,918 1,035,200 1,031,175 Capital Outlay - - - - Operating Expenses Subtotal 1,174,128 216,535 1,067,495 1,068,845 TOTAL EXPENDITURES 1,213,597$ 239,902$ 1,067,495$ 1,068,845$ Full Time Positions 0.35 0.35 0.00 0.00 Hourly/FTE Positions 0.00 0.00 0.00 0.00 June 14, 2022 Item #7 Page 191 of 454