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HomeMy WebLinkAboutItem 8 - Presentation CHULA,Vl,S,, TA, IN CI • Several General Fund revenues are projected to be under budget, largely due to the ongoing COVID-19 pandemic and related restrictions on travel, special events and use of City 00 00 facilities and programs. 00 • CARES Act funding (State and County) of approximately $5.5 million included in projections for FY 2021. • American Rescue Plan Act: Approximately $61 million in federal funding for responding to the COVID-1 9 and economic crises 00 00 00 00 half to be received n FY 2021, half to be receved n FY 2-?0228 z CHULA,I OF • � : • � ' � ' • • General Fund Budget ("in millions) Description FY 2021 FY20:21 Revised Budget Projected Actuals Revenues: MAJOR DISCRETIONARY REVENUES $ 164.6 $ 163.8 OTHER GENER.......................AL........FUND REVENUES 50.9......................................... .............. 50,:0 ...................TOTAL REVENUES $ 215.5 $ 213.8 ............ .... ............................ Expenditures: PERSONNEL SERVICES $ 134.0 $ 133.7 OTHER EXPENDITURES 80.4 80.2 TOTAL EXPENDITURES $ 214.4 11421 3.9 TOTAL GENERAL FUNDSURPLUS/(DEFICIT) $ 1.1 $ (001)_ 3 ,o CITY .. CHULA,Vl,S,, TA, (in thousands) FY 2021 FY 20.21 Revenue Category Revised Projected arianc Actuals Property Taxes6 6 -� Salol Tax 361932- 36529 (402) .................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. Measure P Sales Tax 211612 21 ,612 - Measure A. Sales Tax. 211591 210,591 -� PT in lieu of M oto r +hide License Fee "V LF) o -� . .................... ..................................................................................................................................................................................................................................................................................................................................................... ......................................................................... Franchise Fees 121405 121405 Utilit cors Tax 41651 4 ........................................ Transient Occupanc Taxes 41927 4 T 531 (395) . ........................................................................................................................................................................................................................................................................................... ......................................................................................................................................................... Development Re.venue 11961 111933 (27) ---------------------- Licenses and Permits 11467 1 X723 256 ................................................................................................................................................ ........................................ ........................................ Fines, Forfeitures, Penalties 11130 780 (350) ................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................. Use of Money & Property21175 20,20834 Other Local Taxol 3,275 2,620 (655) Police Grants 967 111007 40 . ............................................................................................................................................................................................................................................................................................................................................................................ ......................................................................... Revenue from other Agencies 71586 71559 (28) Gy res for Services 61521 6,238 (283.) ... ---------- ------- I ntor un Reimbursements 1119 1 , 04 514 Other Revenue 11181 799 . ........................................................................................................................................................................................................................................................................................................................................................................... . ....................................................................... Transfers In 121 40 12T640 ,. .......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... TOTAL REVENUES $ 215$,518 $ 2130839 $ (11679) 4 r� OF � � � � �CHILA,VlTA, NIEMEN= MEMEMMIN (in thousands) .............................................................. ............................................................. Expenditure Category FY 2021 Revised FY 2021: Projected Var Budget Actuals .............................. .............................. ............................. Personnel Services $ 134,019 $ 133,700 319 Supplies and Services 16,502 15,991 511 Utilities 4)848 5,189 (340) ----------------------------- ------------------------------ Other Expenses: 4)277 4)276 - OtherCapital 697 687 9 Internal Service 3)153 3)153 Non-CIP Proj Expense 4 (4) ------------------------------ CIP Project Expense 157 157 OR ............................... ............................... Transfers: Out 5.0)749 5.0)749 OR ............................................................. ............................................................. 2141402 213,906 Total $ $ 495 r CITY .. CHULA,Vl,S,, TA, NIEMEN= MEMEMMIN (in thousands) F1 FY 202.1 Department Rev 1 s le d Projected a irli 2 n ie Budget Act U2 IS City Counoi l 1 ,614 � 1 a 63'9' 76 Boards & Commissions 125 13,11 (6) City Clam. 074 113025 (6o) City Attorney 3252 311122 130 Administration: . ,6"17 ,21148.6 33 Information Technology 311856 311212 644 Human Resources .211961 311003 (42) Finance 3,761 313653, 108 ' Von-Departrnenta.l 541486 661)987' (1 ,J501 ) Animal Care Facility . ,93,2 211847 86 Economic Development 313308 313411 03)_ Planning Build i n0 311919 311700 219 Eng ineering/Capital Projects 107027 013 64 , 385 Police 577972 571332 640 Firms: 3,67396 371786 (1 .1390) Public Works 121336 12,3175 162 Parrs and Recreation 10,7473 101147 326 Library 313492 213709 783 TOTAL EXPENDITURE B U D�G ET $ 21� , '' $ 213,907 $ 4961 6 CHULA,CI OF General Fund Significant Budget Adjustments • Fire Department - Increase expense appropriations by $163,868 to replace equipment and increase Fire Academy appropriations; and increase revenue appropriations by $163,868 for unbudgeted Fire Strike Team revenues. • Non-Departmental - Increase transfers out expenses by $57,948 for correction to the Bayfront Commitment Fund, and increase the Supplies and Services appropriations by $93,208 for emergency repairs at various City facilities and related projects. Increase revenues appropriations by $10,208 for unbudgeted insurance reimbursements received. • Police Department — Transfer $113,335 in personnel appropriations from Org. Key 1452142 (Cross Border Violence) to Org. Key 1452143 (TOC Global) grants. All proposed adjustments result in a net cost increase .for the General Fund by $220,p448, CHULA,CI OF Other Funds Significant Budget Adjustments • Capital Improvement Projects - Appropriate $373,286 in revenues from an insurance recovery payment and $649,011 for emergency repairs at the Ken Lee Building. • 2016 Measure P Sales Tax Fund - Appropriate $398,646 in CIP project expenses for Measure P Spending Plan amendments; Transfer $4,739 in appropriations between other expenses and supplies and services for administrative corrections. • Transport Enterprise Fund - Appropriate $110,400 in supplies and services expenses for higher than anticipated transport costs, utilizing available fund balance. All proposed adjustment results in a net costincrease for the Other Funds by $845,801. 8 CITY OF CHULA,Vl,S,, TA, • May 11th : City Council : Present Fiscal Year 2022 All Funds Budget and CIP Overview • May 25th : Public Hearing and Recommend Council adoption of Proposed FY 2022 All Funds and CIP Budgets • September — TBD : Fourth Quarter FY 2021 Budget Report 9 CITY OF CHULA,Vl,S,, TA, Comments/ Feedback