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HomeMy WebLinkAboutReso 52-2002 RESOLUTION NO. 52-2002 CITY COUNCIL, CITY OF SOUTH SAN FRANCISCO, STATE OF CALIFORNIA A RESOLUTION APPROVING THE MIDYEAR 2001-02 BUDGET CHANGES RECOMMENDED IN FEBRUARY 2002 WHEREAS, on February 13, 2002 the City Council approved staff's budget contingency plan to deal with a General Fund revenue shortfall, primarily in Transient Occupancy Tax and Sales Tax; and WHEREAS, more is now known about the revenue picture as the fiscal year end approaches; and WHEREAS, a formal budget amendment is needed to adjust revenues and expenditures to incorporate the midyear report recommendations plus additional changes, listed in Attachments A through D, attached hereto. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco the City Council hereby approves the midyear 2001-02 budget changes contained in Attachments A through D, attached 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 26th day of June 2002 by the following vote: AYES: Councilmembers Joseph A. Fernekes, Raymond L. Green and Karyl Matsumoto, Mayor Pro Tem Pedro Gonzalez and Mayor Eugene R. Mullin NOES: None. ABSTAIN: None. ABSENT: None. ATTEST: Attachment A-1 Projected Year End General Fund Operating Budget, 2001-02 Adopted Amended Midyear Projected Year End 2001-02 2001-02 2001-02 Year End 2000-01 Budqet Bud.qet Projected Estimate Revenues and Other Financin.o Sources: Property Taxes Sales Tax Transient Occupancy Tax Motor Vehicle In Lieu Fees Other Revenue from Other Agencies Franchise Fees Business License Building Permits Charges for Services Fines Interest Rent Administrative Charges Other Transfers In Total Revenues: 7,390,446 9,094,620 9,094,620 9,200,000 9,200,000 13,793,074 14,497,569 14,497,569 13,450,000 13,450,000 6,057,060 6,755,000 6,755,000 4,400,000 4,100,000 3,287,214 3,272,727 3,272,727 3,400,000 3,400,000 1,863,995 1,201,510 1,389,963 1,389,963 1,405,285 1,682,028 1,778,898 1,778,898 1,778,898 1,889,176 1,056,662 1,687,200 1,687,200 1,445,200 1,370,200 2,362,459 1,820,000 1,820,000 2,126,213 2,176,213 4,312,183 3,859,607 3,877,607 3,834,607 3,834,607 932,545 914,200 914,200 914,200 964,200 881,095 1,000,000 1,000,000 1,000,000 750,000 1,002,188 1,255,300 1,255,300 1,255,300 1,290,300 1,472,695 1,605,071 1,605,071 1,605,071 1,605,071 1,963,871 420,480 420,480 381,300 381,300 1,479,098 676,416 676,416 676,416 804,416 $49,536,613 $49,838,598 $50,045,051 $46,857,168 $46,620,769 Prior Year Carryovers $1,343,067 $1,343,067 $1,343,067 Total Financing Sources $49,536,613 $49,838,598 $51,388,118 $48,200,235 $47,963,836 Expenditures: Administration Economic & Comm. Dev. Fire Library Police Parks, Rec & Maint. Svcs. Public Works Additional Dept. Savings 5,312,986 5,972,505 6,209,074' 6,0~7,374 6,747,374 1,978,026 2,117,472 2,426,374 2,367,374 2,367,374 11,845,565 12,952,959 12,884,689 12,831,689 12,561,689 3,480,492 3,454,959 3,747,195 3,691,745 3,691,745 11,842,894 12,199,254 12,249,314 12,174,064 11,929,386 10,388,107 11,045,390 11,127,061 10,829,361 10,679,361 1,133,467 1,256,951 1,401,802 1,366,802 1,401,802 -250,000 :subtotal, uperatlng Budget Expenditures: $45,981,537 $48,999,490 $50,045,509 $49,328,409 $49,128,731 Net Operating Budget Impact: $3,555,076 $839,108 $1,342,609 -$1,128,174 -$1,164,895 Attachment A-2 Projected Year End General Fund Reserves 2000-01 Adopted Projected Year End Budget Year End Actual 2001-02 2001-02 Net Operating Budget (from Table I): $3,555,076 $839,108 Less Transfers: Capital Projects Debt Service -$1,521,282 -$1,070,500 -$212,000 Net Impact on General Fund Reserves: -$1,164,895 General Fund Reserves Projection: -$2,089,530 -$212,000 Discretionary Reserves/ Reserves Available: Emergencies and Contingencies $2,033,794 -$443,392 -$3,466,425 Undesignated Reserve 2000-01 Adopted Projected Year End Budget Year End Actual 2001-02 2001-02 $4,100,000 $4,000,000 $3,258,974 $3,434,724 Subtotal, Discretionary Reserves: $7,358,974 $7,434,724 $1,343,067 $5,501,973 $98,297 $2,338,834 $6,036,110 $3,000 $0 I1. Non-Discretionary Reserves/ Reserves Already Committed: $4,2O0,000 Encumbrances Advances to Other Funds Inventory, Prepaid Expen. and Loans Receivable Closed Bond Funds Appropriated Capital Projects $3,674,451 Subtotal: Non Discretionary Total General Fund Reserves: $7,874,451 $0 $5,201,973 $98,297 $305,000 $o $9,282,171 $6,039,110 $5,605,270 $16,641,146 $13,473,834 $13,479,721 Attachment B Projected Operating Budget Savings, FY 2001-02 Finance $ 37,000 Clerk $ 3,200 Mgr./Council/Non dept. $ 83,000 HR $ 3,500 ECD $ 59,0O0 Police $ $ Fire $ $ PW 75,250 260,000 53,000 270,000 35,000 Parks/Rec/Maint. Services $ $ ~ ~,ary $ $ 297,700 150,000 55,450 15,000 , ,,~al Savings $ 1,397,100 Deferral of studies, vacancy Misc. Trimming Trimming Trimming Vacancy; trimming Delay purchase of "Live Scan", automated fingerprinting system; delay hire of new parking officer. Additional vacancies Misc. Trimming Additional vacancies Trimming Vacancies, delay of purchase of new key system; trim back to last year's levels for street and park materials Additional savings Trimming Trimming Capital Budget Savings: Total $ 1,441,108 $ 2,838,208 (See Attachment C) Attachment C Projected Capital Budget Savings Reductions: Close out Project 0015, Hilton Site Remediation, except leave a balance of $100,000 for future work. Close out remaining balances for 2 completed projects: 0109 Magnolia Center 0108 Siebecker Shift General Fund portion of funding for the Orange Park Sculpture Garden to Park Dedication Fees. $610,000 $58,186 $4,322 $25,000 Close out all by $10,000 in Rails to Trails project Shift funding for Westborough Portables from General Fund to Developer Fees Portable Classroom exits, close out all by $10,000 (to be done by in house staff at cost savings) Change funding for Finance/HR System: 10% to Sewer Fund 5% to RDA funds ANIP Solid Waste Fund Shift some Funding for Police Dept Interior Modifications to Communications Fund (0113) Savings in Fiberoptic Network (#0122) Sidewalk Replacement Program (#0204), close Bud Burl Play Area (0029)--close, finished Spruce Learning Center Furnishings (#0106) Close, finished Terrabay Emergency Transfer Switch (#0110) Close Various Green Spots--leave $10,000 (#0116) Emergency Generator Replacement--close (#0224) $21,600 $25,000 $38,000 $35,000 $17,500 $15,000 $20,000 $80,000 $15,000 $25,000 $78,000 $18,000 $20,000 $24,000 $49,000 Net Savings to GF Transfer to CIP fund: $1,441,108 Attachment D: Budget Increases Needed: City Attorney, Litigation expenses: $ 680,000 Police, grant funded expenses: $ 15,322