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Home My WebLink AboutReso 2017-069RESOLUTION NO. 2017-069 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA MAKING VARIOUS AMENDMENTS TO THE FISCAL YEAR 2016/17 BUDGET TO ADJUST FOR VARIANCES AND APPROPRIATING FUNDS THEREFOR WHEREAS, the City Charter states that at any meeting after the adoption of the budget, the City Council may amend or supplement the budget by a motion adopted by the affirmative votes of at least four members; and WHEREAS, staff has completed the budget review for the quarter ending March 31, 2017 and is recommending a number of budget amendments; and WHEREAS, staff is recommending approximately $0.6 million in new appropriations to various departments in the General Fund that will be offset by $0.3 million in new revenues; and WHEREAS, staff is recommending that the Personnel Services expenditure category of the General Fund be reduced by $1.3 million across various departments as a result of CalPERS retirement cost savings that were generated through the pre -payment option chosen by the City at the beginning of the current Fiscal Year; and WHEREAS, the Ca1PERS savings will be partially offset with a revenue reduction to the Transfers In category of Non -Departmental for the budgeted $1.1 million repayment of the Public Facilities Development Impact Fund loan to the General Fund resulting in a net positive impact to the General Fund of $164,422; and WHEREAS, the combined recommended budget changes to the General Fund will result in a negative net impact to the General Fund of $96,480 in the current Fiscal Year including additional savings from refinancing and refunding activities; and WHEREAS, the appropriations in the TUT Common Fund, State Grants Fund, Federal Grants Fund, Public Liability, Chula Vista Elite Athlete Training Center Fund, Long -Term Advances DSF-City Fund and AD97-2 Fund are revenue offset resulting in no net fiscal impact to these funds; and WHEREAS, the appropriations for the Open Space District 3 Fund, 2010 COP Refinance Fund, and RDA 2008 TARBS Project Fund — SA will be made from the available balances of these funds negatively impacting these funds by the requested appropriated amounts; and WHEREAS, Transportation Sales Tax Fund, States Grant -Parkway Fund and the PFDIF - Civic Center Expansion Fund will be positively impacted as a result of a reduction of appropriations or increased revenues resulting from the recommended changes to these funds; and Resolution No. 2017-069 Page No. 2 WHEREAS, staff is requesting authority to make transfers and adjustments to various funds in order to realign said funds as a result of debt refinancing and refunding activities undertaken in the current Fiscal Year•, and WHEREAS, the requested adjustments to said funds total $115.2 million in expenditures and are offset by $124.4 million in revenues resulting in a negative impact of $9.2 across said funds. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it does hereby amend the Fiscal Year 2016/2017 budget and approves the following appropriations: Summary of General Fund Appropriations and/or Transfers -�.C"4z r•KR S, „!`.y. Fa , Summary of Appropriations and/or Transfers for Other Funds '% e sJ �TI" i RIM' *carp -F .�s. a v.�ei.E[ liiew' l". iR,w . n.." .'...i G Non -Departmental $ - $ (60,000) $ 363,430 $ 303,430 $ 24,870.$-2.78,560 Planning& Building Services $ (3,231) $ - $ 3,231 $ - $ - $ - Police $ 250,000 $ - $ - $ 250,000 $ 250,000 $ Public Works $ (100,000) $165,000 $ - $ 65,000 $ 65,000 $ - U bra ry $ - $ 8,861 $ - $ 8,861 $ 8,861 $ - R6�[�IY�� $ 91,493 --------------- $ 94,724 ------------- $ (3,231) ---------'- tM{n�-t�'�.:�{. $ - Y- - $ - $ - $(111,219) $(117,948) _--- $ $ - $ - Summary of Appropriations and/or Transfers for Other Funds Rt= L' e"'ii�i%7>-r M`La�..,,...,. .A.. a .. ��$: •�.=.�.. '!%' Transp Sales Tax Fund -------------- ------ $ - .______---- $ - '---------. $ - -----------_..._ $ - ------- $ 91,493 ------- $ - --____---- $ - --------- $ - ------------ $ 91,493 --------------- $ 94,724 ------------- $ (3,231) ---------'- TUTCormmnFund $ - $229,167 $ - $ - $(111,219) $(117,948) _--- $ $ - $ - $ - Federal Grants Fund $ - $ - $ 800 $ - $$ - $ - $ - $ 800 $ 800 $ - State Grants Fund ___�.�_,-_--------- $ 7,973 ------�..____--------- $ 13,476 $ - ---------._. $ - _-------- ---- $(775,925) -_"---- $ - ------' $ - -------- $ - ----____- $ (754,476) .___-__---_-----' $ (754,476) --�--___------ $ - --------- StateGrants-Parkway Fund -------------------- $ - ------------ $ - ---------- $ - -----------_ $ - _-------------- $ 775,925 -- ------- $ - -------------- $ - ----------- $ - -------- $ 775,925 -------------- $ 775,925 ----------------- $ - ----------------- Public Liability Trust $ - $527,430 $ - $ - $ - $ - $ - $ - $ 527,430 $ 527,430 $ - Open Space District N3 ------------------ $ - ------------- $ 10,000$ ------- - ---------- $ - ----------- $ - --- ----- $ - ------------ $ - ------------- $ - -------- $ 10,000 ------------ ------------ $ 10,000 ------------ CV Elite Athlete Training Ctr $ - $ 6,924 $ - $ 53,076 $ - $ - $ $170,000 $ 230,000 $ 230,000 $ - Long-term Advances DSF-City $ - $ - $ $ - $ - $ - $(1,134,162) $ - $(1,134,162) $(1,134,162) $ - ___� __._.______ 2010 COP Refinance $ $ - $ $ - $ - $ - $ 24,870 $ - $ 24,870 $ - $ 24,870 AD97-2 $ - $ - $ - $ - $ $ - $ 24,870 $ - $ 24,870 $ 24,870 $ - PFDIf-Civic Center Expansion $ - $ - $ - $ - $ - $ - $(1,134,162) $ - $(1,134,162) $ - $(1,134,162 ------------- RDA 2008 TARBS Pr Fund - SA --------- $ - ------- $ ------- $ - ------- $ - --- $ 47,596 --'-- $ - --'--- $ - - $ - --- $ 47,596 - ----- ------- -- $ ------ $ 47,596 'x 4� .� i .. _ . ... . _ . - - ttF Resolution No. 2017-069 Page No. 3 Summary of Appropriations and/or Transfers from Debt Refinance and Refunds Summary of Retirement (CalPERS) Cost Savings Adjustments City Council $ (17,013) $ 14 $ (17,013) CityClerk $ Non -Departmental $ - $ - $ (17,658) $ (17,658) $ - $ (17,658) TOTAL GENERAL FUND $ - $ - $ (17,658) $ (17,658) $ - $ (17,658) OTHER FUNDS $ Redv Obligation Retirement Fnd $ (24,409) $ (12,000) $ (12,000) $ $ (12,000) 2006 COP Civ Ctr Proj Phase 2 $ (3,690) $ 8,379,548 $ 1,178,920 $ 9,554,778 $ 8,396,453 $ 1,158,325 2010 COP Refinance $ (5,000) $ 23,819,025 $ 2,496,170 $ 26,310,195 $ 23,814,665 $ 2,495,530 2016 COP Civic Center Phase 2 $ 5,100 $ 310,710 $ 8,755,100 $ 9,070,910 $ 10,264,260 $ (1,193,350) 2016 LRRB PFDIF/COP $ 5,000 $ 2,456,740 $ 26,200,100 $ 28,661,840 $ 33,052,110 $ (4,390,270) PFDIF - Civic Center Expansion $ - $ - $ (313,173) $ (313,173) $ - $ (313,173) Corporation Yard Relocation $ - $ - $ (116,941) $ (116,941) $ - $ (116,941) 06 TABS Series A- SA $ (5,000) $ (1,014,000) $ 1,847,000 $ 828,000 $ 8,584,510 $ (7,756,510) 06 TABs Series B - SA $ (5,000) $ (744,350) $ 1,891,300 $ 1,141,950 $ 8,359,620 $ (7,217,670) 08 TABS - SA $ (5,000) $ (1,525,000) $ 2,619,800 $ 1,089,800 $ 19,998,920 $ (18,909,120) 2016 TARBs $ 5,000 $ 1,518,250 $ 37,465,300 $ 38,988,550 $ 11,901,210 $ 27,087,340 TOTAL OTHER FUNDS $ (8,590) $ 33,200,923 $ 82,011,576 1$ 115,203,909 1 $ 124,371,748 $ (9,167,839) TOTAL BUDGET AMENDMENTS,- $ (8,590)1':'$_'33,260,9i3 1 $-81,993;918 `$'115,186;251- -$ -.. `124,371,748 '$ :. - (9,185;497) Summary of Retirement (CalPERS) Cost Savings Adjustments City Council $ (17,013) $ - $ (17,013) CityClerk $ (10,289) $ - $ (10,289) CityAttomey $ (35,320) $ - $ (35,320) Administration $ (24,409) $ - $ (24,409) Information TechnologySms $ (30,556) $ - $ (30,556) Human Resources ---- ------------------- Finance $ - - $ (28,943) --- - - (41,577) $ - $ - ------------ - - $ - $ (28,943) - - ---------- (41,577) Non -Departmental $ - $ (1,134,162) $ 1,134,162 Animal Care Facility $ (24,473) $ - $ (24,473) Community Development $ (21,548) $ -�- $ (21,548) Development Services - GF $ (29,304) $ - $ (29,304) Police $ (517,289) $ - $ (517,289) Fire $ (244,517) $ - $ (244,517) Public Works $ (211,413) $ - $ (211,413) Recreation $ (26,321) $ $ (26,321) Library $ (35,612) $ - $ (35,612) Total General Fund $(1,298,584) $ (1,134,162) $ (164,422) Resolution No. 2017-069 Page No. 4 Presented by &, David Bilby, MSBA, FO Director of Finance/Treasurer Approved as to form by ' len R. Go gin ey PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 9th day of May 2017 by the following vote: AYES: Councilmembers: Aguilar, McCann, Padilla, and Salas NAYS: Councilmembers: None ABSENT: Councilmembers: Diaz ATTEST: - Donna R. Norris, MC,ity Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2017-069 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 9th day of May 2017. Executed this 9th day of May 2017. ( Donna R. Norris, CMC, City Clerk