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HomeMy WebLinkAboutReso 19-2004RESOLUTION NO. 19-2004 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION AMENDING THE 2003-2004 OPERATING BUDGET (04-16) TO INCLUDE THE VARIOUS CHANGES TO REVENUES AND EXPENDITURES CONTAINED IN THE MIDYEAR FINANCIAL REVIEW REPORT WHEREAS, staff recommends approval of the various changes to revenues and expenditures contain in the Midyear Financial Review Report. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that the City Council amends the 2003-2004 Operating Budget (04-16) to include the various changes to revenues and expenditures contained in the Midyear Financial Review Report as shown in the attachments hereto. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 25~ day of February 2004 by the following vote: AYES: Councilmembers Joseph A. Femekes, Richard A. Garbarino, and Pedro Gonzalez, Vice Mayor Raymond L. Green, and Mayor Karyl Matsumoto NOES: None. ABSTAIN: None. ABSENT: None. ATTEST: City Clerk Attachment B Actual 2000-01 Revenues and Other Financing Sources Property Taxes $ 7,389,022 County ERAF Refund Sales Tax 13,793,074 Transient Occupancy Tax 6,057,060 Motor Vehicle In Lieu Fees 3,287,214 Revenue from Other Agencies 1,863,995 Franchise Fees 1,682,028 Business License 1,056,662 Building Permits 2,362,459 Charges for Services 4,312,163 Fines 932,545 Interest 881,095 Rent 1,002,188 Administrative Charges 1,472,695 Other 1,963,871 Transfers in 1,479,098 Total Revenues: $ 49,535,189 Plus Prior Year Carryovers Total Revenues and Other Financing Sources $ 49,535,189 City of South San Francisco General Fund Operating Budget Adopted Amended Midyear Actual Actual Budget Budget Budget 2001-02 2002-03 2003-04 2003-04 2003-04 $ 9,243,158 9,622,976 $ 10,084,000 $ 10,084,000 $13,115,870 12,194,963 13,275,949 $ 13,275,949 $ 3,977,627 3,917,243 4,400,000 $ 4,400,000 $ 3,400,536 3,622,146 3,748,200 $ 3,748,200 $ 1,555,950 1,286,721 1,123,785 $ 1,123,785 $ 1,860,341 1,873,804 2,869,000 $ 2,869,000 $ 1,326,404 1,878,853 1,479,700 $ 1,479,700 $ 2,705,520 2,054,709 3,181,900 $ 3,181,900 $ 4,537,498 4,554,519 4,771,300 $ 4,771,300 $ 915,270 907,768 1,048,500 $ 1,048,500 $ 909,447 1,053,492 888,000 $ 888,000 $ 1,240,068 1,832,252 2,064,100 $ 2,064,100 $ 1,602,195 1,651,311 1,848,868 $ 1,848,868 $ 386,169 488,139 435,000 $ 435,000 $ 1,297,538 1,168,236 1,095,400 $ 1,095,400 $ 48,093,591 $ 48,087,132 $ 52,313,702 $ 52,313,702 283,290 $ 48,093,591 $ 48,087,132 $ 52,313,702 $ 52,596,992 $ 10,714~000 $ 537,000 12,152,000 4,000,000 2,629,000 1,147,000 2,869,000 1,479,700 2,932~000 4,743,000 1,068,000 923,000 2,484,1 O0 1,848,868 435,000 1,095,400 $ 51,057,068 283,290 $ 51,340,358 $ Variance Favorable (Unfavorable) 630,000 537,000 (1,123,949) (400,000) {1,119,200) 23.215 (249,900) (28,300) 19,500 35,000 420,000 (1,256,634) (1,256,634) Expenditures Administration 5,312,986 Economic & Comm. Dev. 1,978,026 Fire 11,845,565 Library 3,480,492 Police 11,842,894 Maintenance Services 6,080,430 6,387,828 5,258,510 5,403,783 1,808,866 2,623,375 2,689,613 2,795,821 12,426,011 11,387,186 13,762,296 13,768,146 3,849,648 3,953,664 4,101,498 4,106,957 12,132,348 12,471,829 14,264,946 14,273,039 5,942,148 5,947,137 Parks, Rec & Maint. Svcs. 10,388,107 10,691,657 10,696,566 Public Works 1,133,467 1,123,054 1,170,689 Recreation and Community Services Ongoing, regular dept savings Cuts approved in October Early retirements, vacancies AFSCME, Fire, Police salary plans over budget Subtotal, Operating Budget Expenditures $ 45,981,537 Net Operating Budget Impact $ 3,553,652 990,784 991,016 5,102,893 5,I10,079 (80% of cuts approved in Oct) 5,403,783 2,795,821 13,950,146 4,106,957 14,273,039 5,947,137 991,016 5,110,079 [750,000) (641,500) (loo,ooo) 755,000 $ 48,112,014 $ 48,691,137 $ 52,112,688 $ 52,395,978 $51,841,478 $ (18,423) $ (604,005) $ 201,014 $ 201,014 $ (501,120) 0 0 -182,000 0 0 0 0 0 0 0 750,000 641,500 100,000 -755,000 $ 554,500 Total General Fund Operating and Capital Budget, & Changes to General Fund Reserves Net Operating Budget Impact (from Attachment B) Less Transfers to Capital Projects: Less Transfers to Debt Service Plus (Minus) One-Time Transactions: Plus Favorable Resolution of Genentech Property Tax Settlement: Plus Favorable (Unfavorable) change in funds set aside for legal settlements: Less Unfavorable Increase in Projected Workers' Compensation Liability: Net Impact on General Fund Reserves IGeneral Fund Reserves Projection I. Discretionary Reserves/ Liquid Reserves Available Emergencies Economic Contingencies Designaged for future Economic Development Projects Undesignated Reserve Attachment C Year End Actual 2002-03 $ (604,005) (733,000) (452,OO0) 1,122,000 700,000 (1,200,000) (1,167,005) 1,000,000 3,500,000 3,600,000 4,323,000 Adopted Budget 2003-04 201,014 (87,000) (130,000) (15,986) 1,000,000 3,500,000 3,600,000 5,508,014 Midyear Budget 2003-04 $ (501,120) (478,000) (130,000) (230,000) (1,339,12O) 1,000,000 3,500,000 3,600,000 3,932,880 II. Non-Discretionary Reserves/ Reserves Already Committed Encumbrances Advances to Other Funds Inventory Appropriated Capital Projects Subtotal, Non Discretionary Reserves Total General Fund Reserves 283,000 845,000 51,000 391,000 318,000 51,000 0 570;000 5t,000 0 $ 1,570,000 $ 369,000 $ 621,000 $13,993,000 $14,209,804 $12;653,880 Attachment D Non-General Fund Budget Amendment Changes: All of the budget amendment changes are summarized on Attachment B for the General Fund. Non-General Fund changes recommended are: 1. Citywide computer routers, switches, and servers $ Funds will come from the Equipment Replacment Fund Reserve, and will not impact General Fund reserves. 110,000 2. Adjustment of Parking District Fund budget for supplies $ Funds will come from the Parking District Fund reserves, and will not impact General Fund reserves. 9,000 3. Conference Center Debt $ (Shifts Debt Service to the Downtown RDA Project Area Debt Service Fund from the General City Debt Service Fund. Shifts Rent Revenue from Conference Center from Debt Service Fund to the General Fund. 420,000 Attachment D-1 Recommended Reductions Approved in Concept by Council in Fall 2003: Dept Reductions: City Clerk City Council City Manager Finance HR IT Non-Departmental ECD Fire Library Maintenance Services: Building Fleet Parks Streets Recreation and Community Services Police (one-time) Public Works Equipment & Vehicle Replacement Total Dept. Reductions: Assume 80% savings to be conservative: 2003-04 Part-Year* $ 4,000 1,000 29,000 22,607 31,000 20,000 27,730 43,084 133,875 2,800 53.200 77.000 66.000 58.000 39.550 135 892 0 57,137 $ 801,875 641,500 - 1 - 2/2o/20o4