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HomeMy WebLinkAbout2020-05-26 Item 16 - Presentation City of Presented May 26, 2020 OverviewProposed BudgetFiscal Year 2021Chula Vista Agenda 2 Resolution•Next Steps•Fiscal Year 2021 Capital Improvement Program•Measure P Sales Tax Fund Summary–Measure A Sales Tax Fund Summary–General Fund Summary–All Funds Summary–Fiscal Year 2021 Proposed Budget• Budget Process Overview 3 2021Manager’s Proposed Budget for Fiscal Year May 26, 2020: Presentation of the City •websiteBudget distributed and posted on City’s May 22, 2020: Fiscal Year 2021 Proposed •PresentationMay 11, 2020: Virtual Community Budget •WorkshopApril 21, 2020: Fiscal Year 2021 Budget • All Funds Summary.availableisdatamorewhen21/2020FYofquarterfirsttheinearlyconsiderationCouncilforbackbroughtbewillbudgetthetochangesrecommendedandprojectionsUpdated.crisis19-COVIDthetoduedeclineecono micthetoprior,2020MarchearlyinpreparedwereassumptionsandprojectionsBudgetThe(In millions)All Funds Revenues and Expenditures Summary 4 All Funds Revenues All Funds Revenues by Category 5(in thousands) All Funds Summary FY 2021 All Funds Projected Revenues by Category 6$405.7M-Revenues All Funds Expenditures 7 All Funds Expenditures by Category(in thousands) All Funds Summary FY 2021 All Funds Projected Revenues by Category 8$403.9M-Expenditures All Funds by Fund Category 9 All Funds by Fund Category(in thousands)Revenue and Expenditures All Funds 10 Revenues by Fund Type Revenue Graph All Funds 11 Expenses by Fund Type Expense Graph All Funds Staffing Summary 12 10.00 FTE Net FY 2021 New PositionsYear-97.50 FTE Added FY 2020 Mid All Funds Staffing Changes 13 Addition of 1.00 Sr. Management Analyst•Safety)-Addition of 24.00 Paramedic (Non•Addition of 3.00 Battalion Chief•Addition of 1.00 EMS Inventory Specialist•Addition of 1.00 EMS Educator•Safety)-Addition of 24.00 Emergency Medical Tech (Non•Addition of 1.00 Deputy Fire Chief (from Measure A)•Addition of 1.00 Delivery Driver•Advanced Life Support Fund (55.00 FTE):–Transport ServicesFTE) approved on May 12, 2020 for Emergency (55.00 Year Budget Net Changes -FY 2020 Mid• All Funds Staffing Changes 14 Reduction of 1.00 Deputy Fire Chief (to ALS Fund)•1.00 FTE)-Measure A Sales Tax Fund (–Addition of 1.00 Human Resources Analyst•General Fund (1.00 FTE)–C–Reduction of 1.00 Fire Captain •Advanced Life Support Fund (continued):– All Funds Staffing Changes 15 Addition of 1.00 Police Sergeant•Addition of 4.00 Police Agents•Addition of 5.00 Peace Officers•Measure A Fund (10.00 FTE)–the Measure A FundTransfer of 1.0 Police Communications Systems Mgr. to •Jail FundTransfer of 1.00 Detention Facility Manager to the City •2.00 FTE):-General Fund (–FTE)FY 2020 Proposed Budget Net Changes (10.00 • All Funds Staffing Changes 16 Addition of 1.00 Maintenance Worker II•Addition of 1.00 Sr. Maintenance Worker•Sewer Service Fund (2.00 FTE):– General Fund Summary.availableisdatamorewhen21/2020FYofquarterfirsttheinearlyconsiderationCouncilforbackbroughtbewillbudgetthetochangesrecommendedandprojectionsUpdated.crisis19-COVIDthetoduedeclineec onomicthetoprior,2020MarchearlyinpreparedwereassumptionsandprojectionsBudgetFundGeneralThe(In millions)General Fund Revenues and Expenditures Summary 17 General Fund Revenues General Fund Revenues by Category 18(in thousands) General Fund 19 revenues but will need to be modified further.Conservative growth rates were applied to major •Vehicle License Fees$1.2 million increase for both Property Tax and Motor •$1.8 million increase for Sales Tax revenues•revenues$3.6 million added for Measure A and Measure P •Primary drivers include:–4.9% over FY 2020 Adopted BudgetOverall revenues projected to increase by $9.4 million or –19)-Economic Impacts due to COVIDMajor Revenue assumptions (Does not include •Revenue Assumptions General Fund 20 General FundRemoval of $1.4 million PFDIF loan repayment to the •$1.5 million decrease to Transfers In–$0.1 million in Real Property Transfer Tax•$0.4 million in Business License Taxes•$0.5 million increase for Other Local Taxes–$1.0 million increase for Cannabis Excise Tax–from CIP and development related activities $1.7 million increase in staff time reimbursements –Other Revenues assumptions•Revenue Assumptions (cont.) General Fund Expenditures 21 General Fund Expenditures by Category(in thousands) General Fund 22 savingsRemoval of FY2020 $2.5 million Supplies and Services –Supplies and Services assumptions•$0.4 million increase for Flex/Insurance•PERS Normal Cost increase of $0.2 million–UAL increase of $1.4 million–$1.6 million increase for Pension costs •$1.1 million increase of Salary Savings target•Includes 0% COLA increases–$1.0 million Personnel Increase•Personnel increase of $1.9 million–Personnel Services assumptions•Expenditure Assumptions General Fund 23 CV Bayfront Finance Authority Fund Bayfront Commitment $1.6 million transfer to the –$1.75 million to the Measure P Fund Measure P Sales Tax revenue transfer increase of –$1.75 million to the Measure P Fund Measure A Sales Tax revenue transfer increase of –Transfers Out•Expenditure Assumptions (cont.) CAPITAL IMPROVEMENT PROGRAM SUMMARY Capital Improvement Program 12.11%Wastewater67.64%Roadway3.28%Parks3.21%General Gov't0.23%Drainage13.52%Building by Asset Management System$21.9M- Capital Improvement Program 0.11%, WTDIF28.45%, TransNet1.17%, Traffic Signal1.51%, TDIF12.11%, ReplacementSewer Facility 1.60%, GrantRecycled Rubber 0.32%, OR Preserve16.80%, Measure P37.00%, RMRA-Gas Tax0.92%, CIP Fund by Funding Source$21.9M- CIP Highlights$2.6M-Sewer Projects $9.1M-Major Street Projects $2.3M-Traffic Signal Improvements $2.7M-Local Street Projects Major Projects • CIP Highlights Third Ave Streetscape Phase 3 Fire Stations 5 & 9Soccer Field -Park LauderbachSidewalk Replacement • CIP Highlights J Street Junction Lead Pedestrian Intervals G Street Pump Station Upgrade Interception Improvements Current Projects (Design Phase)• Capital Improvement Program TOTAL CIPWastewaterRoadwayParksOSGeneral Gov'tFleetDrainageBuilding FY21FY20FY19FY18FY17$80,000,000$70,000,000$60,000,000$50,000,000$40,000,000$30,000,000$20,000,000$10,00 0,000$0 by Asset Management System Year Period-5 Next Steps 31 on the City’s website (www.chulavistaca.gov)Additional public comments can be submitted •and impacts in July 2020.19 estimates -budget based on revised COVID21 -Bring forward changes to the FY 2020•Public Hearing and adoption of the budgetBudget as their own and set June 9, 2020, for a City Council to accept City Manager’s Proposed • Resolution 32 and adoption of sameplace for a public hearing for final consideration Budgets, respectively, and setting the time and 2021 for each agency as their Proposed –2020 Capital Improvement Budgets for Fiscal Year the City Manager’s Proposed Operating and Authority of the City of Chula Vista accepting Agency to the Redevelopment Agency / Housing Resolution of the City Council / Successor Comments/Feedback 33