HomeMy WebLinkAboutReso 22-2025 (25-137)Attachment 1
FY 2024-25 General Fund Proposed Budget Adjustments
(in millions)
Actual as of
12/31/24
Adopted
Budget
Encumb.
Carry-
Fwrd
Approved
Budget
Adjustment
Per Council
Action
Adjusted
Budget
Proposed
Mid-Year
Adjustment
Proposed
Amended
Budget
Revenues
Taxes
Property Tax $30.3 $50.2 - - $50.2 $6.9 $57.1
Sales Tax 7.2 23.2 - - 23.2 (2.0)21.2
Transient Occupancy Tax 6.6 14.5 - - 14.5 0.3 14.8
Other Tax 2.4 6.7 - - 6.7 1.0 7.7
Franchise Fees 1.4 6.2 - - 6.2 - 6.2
License and Permits
Building 3.4 9.0 - - 9.0 (1.0)8.0
Fire 1.4 2.3 - - 2.3 0.6 2.9
Public Works 1.3 1.8 - - 1.8 0.9 2.7
Other 0.0 - - - - - -
Fines & Forfeitures 0.1 0.9 - - 0.9 - 0.9
Intergovernmental 1.9 2.7 - 1.1 3.7 0.6 4.3
Charges for Services
Planning 0.7 0.4 - - 0.4 - 0.4
Fire 2.4 3.7 - - 3.7 0.2 3.9
Parks & Recreation 1.8 3.4 - 0.0 3.4 - 3.4
Police 0.6 1.1 - - 1.1 - 1.1
Other 0.0 0.0 - 0.0 0.0 - 0.0
Inter-Fund Admin Charge 1.0 2.0 - - 2.0 - 2.0
Use of Money & Property 2.6 4.5 - - 4.5 1.2 5.7
Other Revenues 0.4 0.3 - - 0.3 0.0 0.3
Transfers In 0.5 4.7 - 0.7 5.3 (3.0)2.3
TOTAL REVENUES $66.0 $137.4 - $1.7 $139.1 $5.7 $144.8
Expenditures
City Attorney $0.8 $1.5 - - $1.5 $0.8 $2.3
City Clerk 0.5 1.3 - - 1.3 0.1 1.4
City Council 0.1 0.3 - - 0.3 - 0.3
City Manager 1.5 3.9 0.0 - 3.9 0.4 4.3
City Treasurer 0.0 0.2 - - 0.2 - 0.2
Finance 1.6 3.9 0.4 - 4.3 (0.1)4.2
Human Resources 1.4 2.7 0.2 - 3.0 0.0 3.0
Non expense/Dept 1.4 1.9 0.3 - 2.2 - 2.2
Econ & Comm Develop 4.1 8.9 2.7 - 11.6 0.1 11.7
Fire 17.9 36.4 0.6 0.1 37.1 1.0 38.1
Library 3.5 8.9 0.0 0.1 9.0 0.0 9.0
Parks and Recreation 11.4 26.3 2.2 0.0 28.6 0.9 29.5
Police 17.4 38.2 0.0 0.1 38.3 0.0 38.3
Public Works 4.9 11.1 1.3 1.0 13.4 1.0 14.4
CIP 0.0 - - 0.7 0.7 - 0.7
TOTAL EXPENDITURES $66.7 $145.4 $7.8 $2.0 $155.2 $4.2 $159.5
Revenue in excess
of Expenditures (0.7) (8.0) (7.8) (0.3) (16.1)1.4 (14.7)
Information Technology*1.9 4.3 0.3 0.0 4.6 0.0 4.6
* Non-General Fund: budgeted as internal service fund in Fund 785
Attachment 2
Fund Source (in thousands) Electric/Gas Water Total
West Park Maint Dist 3 $13.0 $44.0 $57.0
Stonegate Ridge Maint 1.0 5.0 6.0
Willow Gardens Maint 0.0 0.0 0.0
West Park Maint Dist 1&2 2.0 4.0 6.0
Special Tax Levy B (CFD) 0.0 111.0 111.0
City Housing Fund 0.0 0.0 0.0
Sewer Enterprise Fund 657.0 0.0 657.0
Parking District Fund 160.0 1.0 161.0
Storm Water Fund 4.0 0.0 4.0
Total $837.0 $165.0 $1,002.0
Attachment 3
New
Project
Funding
Source Title
Project Name Justification Project Description Amount
Requested
Consequence
(If not funded, what happens?)
No
Park
Construction
Fees
Linden Park
Project
The increase covers construction costs with the
expectation that the contract for construction will be
awarded in FY2024-25.
Linden Park Project $ 1,000,000
No Developer
Contributions
Linden Park
Project
The increase covers construction costs with the
expectation that the contract for construction will be
awarded in FY2024-25.
Linden Park Project $ 1,000,000
Yes
Park
Construction
Fees
Willow Gardens
Park
Improvement
Improvements are needed to Willow Gardens
Playground North and South.Planned improvements
include replacement and addition of park amenities.
This site is within the most park-poor neighborhoods
in the City.
Willow Gardens Park Project $ 300,000
Increased deferred maintenance,
fewer opportunities for outdoor
recreation in Sunshine Gardens /
Willow Gardens.
Funding Source Yes
Park Construction Fees 1,300,000
Developer Contributions 1,000,000
Total Funding Requests $2,300,000
FY 2024-25 Mid-Year CIP Requests