Loading...
HomeMy WebLinkAbout2019-02-11 e-packet@5:00Monday, February 11, 2019 5:00 PM City of South San Francisco P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA City Hall, City Manager's Conference Room 400 Grand Avenue, South San Francisco, CA Budget Standing Committee of the City Council Special Meeting Agenda February 11, 2019Budget Standing Committee of the City Council Special Meeting Agenda NOTICE IS HEREBY GIVEN, pursuant to Section 54956 of the Government Code of the State of California, the Budget Standing Committee of the City of South San Francisco will hold a Special Meeting on Monday, February 11, 2019 at 5:00 p.m., at City Hall, City Manager's Conference Room, 400 Grand Avenue, South San Francisco, California. Purpose of the meeting: Call To Order. Roll Call. Agenda Review. MATTERS FOR CONSIDERATION Motion to approve the Minutes from the meeting of November 5, 2018.1. Report regarding Fiscal Year 2018-19 mid-year budget. (Justin Lovell, Acting Financial Services Manager) 2. Adjournment. Page 2 City of South San Francisco Printed on 4/17/2019 City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:19-115 Agenda Date:2/11/2019 Version:1 Item #:1. Motion to approve the Minutes from the meeting of November 5, 2018. City of South San Francisco Printed on 2/7/2019Page 1 of 1 powered by Legistar™ Call to Order. Time: 10:00 a.m. Roll Call. PRESENT: Mayor Normandy and Councilmember Gupta PUBLIC COMMENTS – None. MATTERS FOR CONSIDERATION 1. Motion to approve the Minutes from the meetings of March 20, 2018 and May 2, 2018. MOTION Councilmember Gupta and Mayor Normandy seconded a motion to approve the minutes from the meetings of March 20, 2018 and May 2, 2018. The motion carried unanimously. 2. Report regarding year-end financial results for Fiscal Year 2017-18. (Richard Lee, Director of Finance) Director Lee summarized the year-end financial results including General Fund revenues and expenditures, surplus of $13.9 million, recommended transfer of $10 million to reserves and $1 million to PERS Stabilization Reserve, and revenues versus projections. Councilmember Gupta discussed the $4.4 million over anticipated permit revenues and asked if staff resources were stressed. City Manager Futrell explained that the pressure on staff was relieved by contract employees. Mayor Normandy stated the variance was also based on Council action. City Manager Futrell confirmed that the developer fees were right sized 18 months ago. MINUTES SPECIAL MEETING BUDGET STANDING COMMITTEE OF THE CITY OF SOUTH SAN FRANCISCO P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, California 94083 Meeting to be held at: CITY HALL, CITY MANAGER’S CONFERENCE ROOM 400 GRAND AVENUE SOUTH SAN FRANCISCO, CA MONDAY, NOVEMBER 5, 2018 10:00 a.m. BUDGET COMMITTEE MEETING NOVEMBER 5, 2018 MINUTES PAGE 2 Director Lee continued summarizing projections on revenues and expenditures, and notable variances from other operating funds. Councilmember Gupta asked the total budget for the Orange Memorial Park Stormwater Capture Project. Administrator Lovell stated the current budget was $1 million. Director Lee discussed other notable expenditures and reserve funds. Councilmember Gupta stated the report implied that additional funds would be put into Capital Infrastructure Reserves and confirmed that the Council would decide. Director Lee stated the Council could leave the extra equity in the General Fund but it was staff’s recommendation that additional funds be put into the Capital infrastructure Reserve. Councilmember Gupta suggested the matter be reviewed by the new Council. Mayor Normandy thanked staff for the report. City Manager Futrell commended staff and the Council for increased revenues and decreased expenditures. ADJOURNMENT Being no further business, Mayor Normandy adjourned the meeting at 10:14 p.m. Submitted by: Approved by: Gabriel Rodriguez, Deputy City Clerk Committee Member City of South San Francisco City of South San Francisco City of South San Francisco Legislation Text P.O. Box 711 (City Hall, 400 Grand Avenue) South San Francisco, CA File #:19-98 Agenda Date:2/11/2019 Version:1 Item #:2. Report regarding Fiscal Year 2018-19 mid-year budget.(Justin Lovell, Acting Financial Services Manager) RECOMMENDATION It is recommended that the Budget Standing Committee provide feedback and direct staff to present the Fiscal Year (FY) 2018-19 mid-year budget to the City Council for consideration on February 27, 2019. BACKGROUND/DISCUSSION This report summarizes the City’s mid-year financial status by providing an analysis of revenues and expenditures through the first half of the Fiscal Year (FY)for the General Fund,Measure W Fund and the Information Technology Fund.The intent of this report is to provide the Budget Standing Committee with a brief update on how these funds are performing in comparison to the requested budget appropriations. General Fund Through the mid-year,total revenues are on track to meet budgeted amounts inclusive of the proposed adjustments.Current revenues are estimated to exceed $111.6 million,which combined with committed reserves from the prior year, total $118.4 million in available General Fund resources. The FY 2018-19 amended budget is $110.1 million and staff has requested an additional $1.5 million revenues and $871,000 in expenditures via this mid-year adjustment.If approved,the mid-year adjustment will result in a FY 2017-18 amended budget of $111.6 million.It is anticipated the General Fund will generate a net surplus of $1.2 million at year-end after contributing to General Fund reserves in compliance with the City’s Reserves Policy. General Fund Revenues Based on current year-to-date revenues,General Fund revenues are projected to be $111.6 million,an increase of $1.5 million over the amended budget.This increase is a mix of revenue types performing better than anticipated and others not reaching expected levels.Staff recommends that each of the revenue types below be adjusted as follows: Education Revenue Augmentation Fund (ERAF) Refund from County +$790,084 The ERAF property tax refund from the County is expected to be $3.3 million at year-end,better than originally anticipated. Revenue from other Agencies +$368,562 The Fire Department expects an additional $368,562 of additional revenue from reimbursements from the Governor’s Office of Emergency Service (Cal OES)from the Fire Department’s mutual aid assistance at several wildfires. City of South San Francisco Printed on 2/6/2019Page 1 of 3 powered by Legistar™ File #:19-98 Agenda Date:2/11/2019 Version:1 Item #:2. Charges for Services +$340,000 The Fire Department expects an additional $340,000 of additional revenue from ambulance billing. General Fund Expenditures Including the $871,000 in requested mid-year appropriations,projected expenditures are expected to be $1.2 million less than available resources.Mid-year appropriation requests are intended to be one-time appropriations to the current Fiscal Year budget.There is an exception in the Human Resources Department that includes on-going staff costs and the Information Technology Department that will have a multi-year impact. City Manager +$200,000 The communications division within the City Manager’s office is requesting an additional $200,000 for communications and outreach related to the potential formation of a community facilities district (CFD)that the City is pursuing to secure land based financing for infrastructure projects.If a CFD is formed,the City can be reimbursed for these expensescertain preliminary expenses related to formation costs. Finance + $20,000 The Finance Department is requesting an additional $20,000 for consultant services related to potential CFD formation.If a CFD is formed the City can be reimbursed for these expensescertain preliminary expenses related to formation costs. Human Resources +87,500 The Human Resources Department is requesting additional budget for the following items:an estimated $25,000 is needed based on current third-party investigations of claims,an additional $20,000 is requested to pay for mandatory classification and compensation surveys per labor Memorandum of Understanding (MOU), an additional $30,000 is requested for sexual harassment prevention training,and an additional $12,500 to promote a Human Resources Analyst I to an Analyst II. Economic and Community Development +$40,000 The Economic and Community Development Department is requesting $40,000 for consultant services related to developing renderings and other supporting material related to the formation of a CFD.If a CFD is formed, the City can be reimbursed for certain preliminary expenses related to formation costs these expenses. Fire Department +$368,561 The Fire Department is requesting additional funding for reimbursable expenses related to mutual aid deployments for wildfires and hurricanes.Fire crews responded to four in-State and out of State mutual aid deployments during FY 2018-19.This activity is reimbursable through various government agencies.There is a corresponding revenue increase for these expenses. Parks and Recreation +$100,000 The Parks and Recreation Department is requesting an additional $100,000 for the replacement of 8 HVAC units at the Community Learning Center.The existing units were is installed in 1997 and were recommended for replacement as part of the 2015 Facilities Assessment. Transfer Out to Information Technology Fund +55,000 The Information Technology Department is requesting an additional $55,000 to fund through the end of the FY monthly web-based timecard maintenance with VistaTime.This request is also part of the Information City of South San Francisco Printed on 2/6/2019Page 2 of 3 powered by Legistar™ File #:19-98 Agenda Date:2/11/2019 Version:1 Item #:2. Technology Fund. Requests from other Funds Measure W (Fund 101) +$2,426,550 The City’s sales tax consultants are projecting that the City’s ½cent sales tax,Measure W is anticipated to have $12.1 million in FY 2018-19 revenues, up from the adopted budget of $9.7 million. Information Technology (Fund 785) +$55,000 Revenues +$55,000 Expenditures As mentioned above the Information Technology Department is requesting an additional $55,000 to fund the monthly web-based timecard maintenance.There will be an increase in the revenue budget for transfers in from General Fund and an increase in the expenditure budget. FISCAL IMPACT Approval of the additional appropriations from the General Fund will result in a $1.5 million in revenues and $871,000 in expenditure appropriations current appropriations for FY 2018-19.Inclusive of the proposed increases,it is anticipated that General Fund will end the fiscal year with an operating surplus of $1.5 million. At year end,staff will calculate the amount of any surplus necessary to meet minimum reserve requirements, currently this is estimated to be $299,729. CONCLUSION The City’s operating budget at the mid-year point remains on target.The additional revenues and offsetting appropriations maintain the City’s prudent financial position.Staff continues to recommend fiscal conservatism in light of the escalating pension costs. Attachments: 1.General Fund Summary 2.Measure W Fund Summary 3.Information Technology Fund Summary 4.Recommended Budget Adjustments City of South San Francisco Printed on 2/6/2019Page 3 of 3 powered by Legistar™ ATTACHMENT 1: FY2018-19 GENERAL FUND SUMMARY GENERAL FUND SUMMARY Property Taxes 31,594,035$ 32,006,068$ 32,006,068$ 13,462,428$ 32,006,068$ ERAF Refund from County 2,549,591 2,549,591 2,549,591 - 790,084 3,339,675 Sales Tax 17,567,674 17,203,726 17,203,726 6,794,354 17,203,726 Transient Occupancy Tax 13,978,533 15,834,000 15,834,000 6,893,160 15,834,000 Business License 1,579,099 1,503,455 1,503,455 651,675 1,503,455 Commercial Parking Tax 3,248,569 3,829,573 3,829,573 1,367,696 3,829,573 Franchise Fees 4,403,493 4,000,000 4,000,000 1,093,881 4,000,000 Building and Fire Permits 14,674,810 12,072,049 12,072,049 7,551,739 12,072,049 Revenue from Other Agencies 2,610,231 1,473,470 2,391,195 1,022,084 368,562 2,759,757 Charges for Services 9,518,743 7,550,726 7,550,726 3,795,928 340,000 7,890,726 Administrative Charges 1,405,923 1,437,801 1,437,801 718,901 1,437,801 Fines 423,604 618,500 618,500 465,220 618,500 Interest & Rent 6,837,571 5,309,459 5,309,459 2,226,898 5,309,459 Transfers In & Other 10,018,903 3,665,276 3,786,276 1,434,407 3,786,276 Revenues 120,410,779$ 109,053,694$ 110,092,419$ 47,478,371$ 1,498,646$ 111,591,065$ Plus committed reserves from prior year 6,800,262 Total Revenues 120,410,779$ 109,053,694$ 110,092,419$ 47,478,371$ 1,498,646$ 118,391,327$ City Council 239,260$ 280,694$ 280,694$ 116,920$ -$ 280,694$ City Clerk 660,306 817,567 817,567 358,628 - 817,567 City Treasurer 135,218 132,900 132,900 47,077 - 132,900 City Attorney 996,380 1,063,691 1,063,691 356,926 - 1,063,691 City Manager 2,668,716 2,958,815 3,161,832 1,105,903 200,000 3,361,832 Finance 3,080,770 3,022,116 3,364,365 1,422,714 20,000 3,384,365 Non-Departmental 1,034,800 1,072,087 1,130,087 316,984 - 1,130,087 Human Resources 1,555,907 1,535,163 1,692,597 805,999 87,500 1,780,097 Economic & Community Development 7,722,681 9,009,367 12,003,981 4,550,983 40,000 12,043,981 Fire 26,059,068 27,711,586 28,491,019 14,120,574 368,562 28,859,581 Police 26,639,005 29,174,475 29,254,475 15,089,339 - 29,254,475 Public Works 5,014,342 6,284,775 6,530,146 2,428,940 - 6,530,146 Library 5,379,836 5,806,294 5,921,858 2,977,016 - 5,921,858 Parks & Recreation 15,468,353 16,294,509 16,739,007 8,291,016 100,000 16,839,007 CIP 921,818 2,383,001 4,932,057 623,656 4,932,057 Transfers Out 19,965,646 500,000 500,000 250,000 55,000 555,000 Total Expenditures 117,542,108$ 108,047,038$ 116,016,276$ 52,862,673$ 871,062$ 116,887,338$ Net Surplus/ (Deficit) 1,503,989$ Estimated amount to fully fund reserves (299,729) Remaining surplus 1,204,260$ 2018-19 Requested 2018-19 Projected (Amended + Requested) 2018-19 Requested 2018-19 Projected (Amended + Requested) Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 YTD Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 YTD ATTACHMENT 2: MEASURE W FUND SUMMARY MEASURE W Measure W 11,162,238$ 9,731,450$ 9,731,450$ 5,352,156$ 2,426,550$ 12,158,000$ - Total Revenues 11,162,238$ 9,731,450$ 9,731,450$ 5,352,156$ 2,426,550$ 12,158,000$ Operating Expenses 22,350$ -$ 53,650$ 40,975$ -$ 53,650$ Transfer Out to General Fund 2,440,861 - Transfer Out to CIP 6,585,030 9,399,224 16,714,909 1,539,891 16,714,909 Total Expenditures 9,048,241$ 9,399,224$ 16,768,559$ 1,580,866$ -$ 16,768,559$ Surplus/(Deficit)2,113,996 332,226 (7,037,109) (4,610,559) Fund Balance 11,404,142$ 11,736,368$ 4,699,259$ 7,125,809$ 2018-19 Projected (Amended + Requested) 2018-19 Requested 2018-19 Projected (Amended + Requested) Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 YTD 2018-19 Requested Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 YTD Measure W FY18-19 Mid Year ATTACHMENT 3: INFORMATION TECHNOLOGY FUND SUMMARY INFORMATION TECHNOLOGY Charges for Services 56,001$ 40,000$ 40,000$ 46,615$ -$ 40,000$ Use of Money & Property 1,676 14,000 14,000 - - 14,000 Other Revenues 2,584,771 2,670,676 2,670,676 1,335,338 - 2,670,676 Trasfer in 240,000 240,000 - 55,000 295,000 Total Revenues 2,642,448$ 2,964,676$ 2,964,676$ 1,381,953$ 55,000$ 3,019,676$ Payroll 1,145,674$ 1,313,513$ 1,313,513$ 756,954$ -$ 1,313,513$ Supplies & Services 1,078,430 1,739,317 2,265,574 533,565 55,000 2,320,574 Interdepartment Charges 11,077 11,845 11,845 5,923 11,845 Total Expenditures 2,235,180$ 3,064,675$ 3,590,932$ 1,296,441$ 55,000$ 3,645,932$ Surplus/(Deficit)407,267$ (100,000)$ (626,257)$ (626,257)$ Fund Balance 1,009,575$ 909,575$ 283,319$ 283,319$ 2018-19 Projected (Amended + Requested) Expenditures 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 YTD 2018-19 Requested 2018-19 Projected (Amended + Requested) Revenues 2017-18 Actual 2018-19 Adopted 2018-19 Amended 2018-19 YTD 2018-19 Requested Information Technology FY18-19 Mid Year ATTACHMENT 4: RECOMMENDED FY 2018-19 BUDGET ADJUSTMENTS Account Fund Department Account Number Adjustment +/(-) Account Type Description General Fund 100 GF 100-00000-30109 790,084 Revenue Actual ERAF received General Fund 100 Fire 100-11610-35207 340,000 Revenue Ambulance billing General Fund 100 Fire 100-11710-34041 368,562 Revenue OT Reimburseable by CAL OES- mutual aid General Fund 100 CM/Communicat ions 100-05130-5005 200,000 Expenditure CFD communications outreach consulting General Fund 100 Finance 100-06110-5005 20,000 Expenditure Consulting services for CFD formation General Fund 100 HR 100-09110-5013 30,000 Expenditure Sexual Harassment Prevention Training General Fund 100 HR 100-09110-4001 12,500 Expenditure Reclass HR Analyst I to II General Fund 100 HR 100-09110-5001 20,000 Expenditure Class/Comp study-labor MOU's & Reclassification studies General Fund 100 HR 100-09110-5038 25,000 Expenditure HR Claims evaluations General Fund 100 ECD 100-10410-5005 40,000 Expenditure Consulting services for CFD formation General Fund 100 Fire 100-11710-4101 368,562 Expenditure OT Reimburseable by CAL OES- mutual aid General Fund 100 P&R 100-17971-5061 100,000 Expenditure Replace 8 HVAC units-CLC General Fund 100 IT 100-00000-9785 55,000 Expenditure Transfer out -VistaTime maintennace Information Technology 785 Information Technology 785-16110-5040 55,000 Expenditure VistaTime timecard monthly maintenance Information Technology 785 GF 785-00000-39100 55,000 Revenue Transfer In- VistaTime maintenance