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HomeMy WebLinkAbout2009/11/05 Item 1CITY COUNCIL AGENDA STATEMENT ~~~ CITY OF CHULA VISTA 11/05/2009, Item ITEM TITLE: QUARTERLY FINANCIAL REPORT FOR THE QUARTER ENDED SEPTEMBER 30, 2009 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING FISCAL YEAR 2009/2010 BUDGET IN ACCORDANCE WITH THE COUNCIL POLICY ON FINANCIAL REPORTING AND TRANSFER AUTHORITY AND APPROPRIATING AMOUNTS TO THE FIRE EQUIPMENT REPLACEMENT FUND AND FROM THE AVAILABLE FUND BALANCE IN THE POLICE GRANTS FUND SUBMITTED BY: DIRECTOR OF FIN CE/TREASURER~~ CITY MANAGER REVIEWED BY: ASSISTANT CIT MANAGER 4/STHS VOTE: YES ^X NO SUMMARY Section SOA (f) of the City Charter requires quarterly financial reports to be filed by the Director of Finance through the City Manager. For government entities, a budget creates a legal framework for spending during the fiscal year. After the budget is approved there are circumstances, which arise that could require adjustments to the approved budget. Council Policy 220-02 "Financial Reporting and Transfer Authority" was established in January of 1996 and allows for budget transfers to be completed. ENVIRONMENTAL REVIEW The Environmental Review Coordinator has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that filing of the quarterly financial status report is not a "Project" as defined under Section 15378 of the State CEQA Guidelines because it will not result in a physical change to the environment; therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines the actions proposed are not subject to CEQA. 1-1 November 5, 2009, Item Page 2 of 5 RECOMMENDATION 1. Council accepts the report. 2. Council approve the resolution. BOARDS/COMMISSION RECOMMENDATION Not Applicable DISCUSSION Attached for your consideration is the financial report for the first quarter of fiscal year 2009/10. The detailed financial report for the quarter ending September 30, 2009 (Attachment 1) discusses the financial outlook for the City's General Fund for the remainder of fiscal year 2009/10. The City's General Fund ended the fiscal year 2008/09 with an available balance of $9.3 million or 6.7 percent of the fiscal year 2009/10 operating budget. For fiscal year 2009/1Q, the worst recession since World War II appears to have bottomed-out but the effects are still being experienced in the City as housing prices remain at depressed levels and unemployment continues to cause reduced consumer spending in the City. The preliminary outlook for General Fund revenues is that downward adjustments of $3.4 million will have to be made to several revenue sources. Projected expenditure savings of $1.2 million partially offset the revenue shortfall leaving a deficit of $2.2 million. To mitigate this deficit, we anticipate a loan repayment from the Redevelopment Agency to the General Fund of $1.4 million. In addition, the City Manager has authorized an immediate hiring/promotional freeze and administrative freeze on all non-essential services that are anticipated to result in expenditure savings of $0.8 million. These actions will avoid impacts to reserves and continue to maintain a balanced budget for the current fiscal year per the first quarter analysis. Fiscal Year 2009/10 Budeet Transfer and Appropriation Requests For government entities, a budget creates a legal framework for spending during the fiscal year. After the budget is approved there are circumstances which arise that could require adjustments to the approved budget. Council Policy 220-02 "Financial Reporting and Transfer Authority" was established in January of 1996 and allows for budget transfers to be completed. The City Manager is authorized to complete budget transfer requests within departments that are $15,000 and below. City Council approval is required for budget transfers between departments and/or for amounts greater than $15,000. All recommended General Fund transfers can be done using existing appropriations. For fiscal year 2009/10, budget transfers and appropriations are requested for the Police and Fire departments. • K-9 Program -The Police Department is requesting to amend the budget for the K-9 Program to freeze one police officer position and restore overtime and supplies & services related to the program. This budget amendment reduces $20,547 in personnel services and increases $20,547 in supplies and services, resulting in no net fiscal impact to the General Fund. 1-2 November 5, 2009, Item Page 3 of 5 • Fire Department -Due to the timing of the side letter with IAFF regarding alternative cost saving measures for the Fire Department, the fiscal year 2010 Council Adopted budget reflects the brownout of the USAR vehicle which was incorporated into the Fire Department's budget as a reduction to the department's regular overtime budget. The Fire Department is requesting to amend the budget to incorporate the budget changes necessary to reflect the side letter with IAFF. These changes include various transfers within the Fire Department's Personnel Services category to reflect a 1% salary reduction for IAFF members, freezing a Deputy Fire Chief, transferring savings from compensatory time in lieu, eliminating the payment of uniform allowance, and increasing anticipated salary savings, the sum of these reductions is $793,000 which will be transferred to the Fire Department's overtime budget. Additional changes necessary to reflect the side letter with IAFF include: o Transferring $172,216 from the Transfer Out expense category to the Fire Department's Personnel Services category, this transfer reflects the elimination of the debt service payment for the defibrillators from the Fire Department's budget. o Transferring $35,000 from the Human Resources Department's Personnel Services Category to the Fire Department's Personnel Services Category to reflect the elimination of the IAFF professional enrichment budget for the current fiscal year. In total, $1.0 million will be restored to the Fire Department's constant minimum staffing overtime budget offset by committed savings in other expenditure categories. Finally, the proposed budget changes include the transfer of an Administrative Services Manager position from the Fire Department to the Finance Department. This change is being made in an effort to improve operational efficiencies and create an opportunity to share resources among the Public Safety departments. The Police Department's Administrative Services Manager, along with their budget analyst, will provide management and budget support to the Fire Department as well as the Police Department. The transfer of the Fire Department's Administrative Services Manager position to the Finance Department will help address some workload issues that have been created as a result of recent vacancies. In total, $87,452 will be transferred from the Fire Department's personnel services budget to the Finance Department's personnel services budget. • Police Grants -The Police Department is requesting to aypropriate additional funds to reflect grant savings from fiscal year 2008/2009 that were not carried over to the current fiscal year. This budget amendment increases $157,744 in personnel services, increases $12,900 in supplies and services, and decreases $21,764 in the capital category of the Police Grant Fund (fund 252). Grant funding in the amount of $148,880 will completely offset these appropriations, resulting in no net fiscal impact. Fire Equipment Replacement Fund -The Fire Department is requesting the establishment of a Fire Equipment Replacement Fund. This fund will account for the revenue received from AMR for the lease of the defibrillators. Earlier this year Council approved an amendment to the ambulance service agreement with AMR to incorporate the cost of the defibrillators in the ambulance fees. 1-3 November 5, 2009, Item Page 4 of 5 The appropriation of $172,216 to the newly established fund will be revenue offset resulting in no net impact to the Fire Equipment Replacement Fund. DECISION MAKER CONFLICT Staff has reviewed the decision contemplated by accepting this report and has determined that it is not site specific and consequently the 500 foot rule found in the California Code of Regulations section 18704.2(a)(I) is not applicable. FISCAL IMPACT The preliminary outlook for General Fund revenues is that downward adjustments of $3.4 million will have to be made to several revenue sources. "'°v "'3 ~~~ a.~ Revenues . • _ ~_ ~r~,~+ 5 ,~.~Yp2009/;10FP ~ ~ Butl eta Pao ected ? ~.r "I`Delta'~' Property Tax 27,199 26,613 (586) Sales Tax 18,707 18,408 (299) Sales Tax In Lieu (1/4%) 6,838 6,149 (689) Motor Vehicle License Fee 18,287 17,716 (571) Franchise Fees 10,033 8,446 (1,587) Utility Users Tax 8,169 8,669 500 Transient Occupancy Tax 2,602 2,352 (250) Business License Tax 1,190 1,190 0 Real Property Transfer Tax 841 860 19 Licenses and Permits 880 888 8 Fine, Forfeitures & Penalties 2,380 2,243 (137) Use of Money and Property 1,780 1,802 22 Other Agency Revenue 2,741 2,754 13 Charges for Services 7,546 7,538 (8) Other Revenues 11,438 11,651 213 Transfers From Other Funds 12,340 12,340 0 Total $132,971 $129,619 $ 3,352 Projected expenditure savings of $1.2 million partially offsets the revenue shortfall leaving a deficit of $2.2 million. To mitigate this deficit, we anticipate a loan repayment from the Redevelopment Agency to the General Fund of $1.4 million. In addition, the City Manager has authorized an immediate hiring/promotional freeze and administrative freeze on all non-essential services that are anticipated to result in expenditure savings of $0.8 million. These actions will avoid impacts to reserves and continue to maintain a balanced budget for the current fiscal year per the first quarter analysis. i ,~ ~1 T,~s~~ y { i.~~, rya ~t ~ d " " P ~ e a , . t ~e .r Gerferaf Und Reserve, ,,~ ,~ >i , _ ?;~` ~~ B~ ud e ' m l ons Reserves - July 1, 2009 $ 9.3 $ 9.3 Projected Revenues & Transfers In 133.0 129.7 Expenditures & Transfers Out (133.0) (131.9) Midyear A propriation - Contractin Initiative 0.1 Projected Deficit $ 0.1 $ 2.2 Mitigating Actions RDA Loan Repayment 1.4 Hiring/Promotional/Non Essential Spending Freeze 0.8 Subtotal 2.2 Revised Projected Deficit 0.0 Projected Fund Balance -June 30, 2010 $ 9.2 $ 9.3 Percents a of Operatin Bud et - 6.6% 6.7% November 5, 2009, ItemJ_ Page 5 of 5 The tables below outline the fiscal impact by fund and category for the budgetary transfer requests and appropriation requests. BUDGETARY TRANSFER RE UESTS r `~ r`~ g ` s. + o r'i ~ ei ' ., ~~ al '' und s,~ ~ Gene al _.-._..-.~..... .._ ~~...-._ ~ Resources+~ ~.,.~_......~..._ EFtnance ~.~.. _, ... ~.~.... + hce .~+u..,~~ ..,.ai " Ft ~ .,~,. ._. ,,~.. ,.h„ Tot - _.~.,.w_ Expense Personnel Costs $ (35,000) $ 87,452 $ (20,547) $ 119,764 $ 151,669 Supplies and Services $ - $ - $ 20,547 $ - $ 20,547 Capital $ - $ - $ - $ - $ _ Trausfers Out $ - $ - $ - $ (172,216 $ 172,216 Net Fiscal Im act $ (35,000) $ 87,452 $ - $ (52,452) $ - APPROPRIATION REQUESTS Othery>~ond_ s`w~~"~~{,,y4 ~ohceGran~ h~rnd- Fore Ei(arQ ReQlac„gment" Revenue Revenue from Other A encies $ 148,880 $ L72,216 Total Revenue Adjustments $ 148,880 $ 172,216 Expense Personnel Costs $ 157,744 $ - Supplies and Services $ 12,900 $ - Capital $ (21,764) $ - Transfers Out $ - $ 172,216 Total Ex ense Adjustments $ 148,880 $ 172,216 Net Fiscal Im act $ - $ - ATTACHMENTS Attachment 1 -Quarterly Financial Report Prepared by: Phillip Davis, Assistant Director of Finance, Finance Department 1-5 ~~1l~ ~r cnv of CHUL4 VISTA OVERVIEW This financial report summarizes the City's General Fund financial position for the fiscal year for July 1, 2009 through September 30, 2009. The purpose of his report is to provide the Ciry Council, Management and the Citizens of Chula Vista an update on the City's fiscal status based on the most recent financial information available. ECONOMIC UPDATE National News In its third quarterly report of 2009, the UCLA Anderson Forecast concludes that the worst recession in seven decades likely ended in the current quarter, but then states that the negative impact of the downturn will last well into the next decade. Simply put, the Forecast believes that the roots of the recession originated in consumer over-indebtedness and that consumer spending, necessary fora robust recovery, will be tempered both by the unwillingness of fnancial institutions to lend and by consumers unwillingness to borrow. In California, the UCLA Anderson Forecast tentatively asserts that the state will join the nation in its economic recovery, but the contraction of state and local government will dampen the impact of the national resurgence for at least the near future. On an annual basis, employment is forecast to contract -3.7% in 2009 and will barely grow at a 0.2% rate in 2010. The unemployment rate will grow to a high of 12.2% for 4th quarter 2009 and will average 11.6% for the year. Though the state economy will be growing by 2011, it will not produce enough jobs to get the unemployment rate below double digits until the end of that year. The University of San Diego's Index of Leading Economic Indicators far San Diego County rose 0.6 percent in August. As has been the case in the previous four months, a sharp gain in local consumer confidence led the move to the upside. Also advancing Quarterly Financial Report -General Fund First Quarter Ending September 30, 2009 November 5, 2009 solidly were local stock prices and the outlook for the national economy. These gains outpaced big negative moves in building permits and initial claims for unemployment insurance and a smaller drop in help wanted advertising to push the USD Index to its fifth straight increase. 150 0 ' 1450 S 9~ b J"r :~ad~'~m~y ~r9~, ~i ~c A~dG~.~,.„ 140 0 bM~tipiM4M, +B .3 Re~7 ~ ~ ti~ ~~ r i ~~ ~,y3 135 0 ,wF'~1~.°. _ .,~ t _ v;~f' 'Y'o¢~}',1~-?~#•, . 1300 ~~ ''+,~Y'.~aii. `~ 1z6o 120 o i`"`.' - ~ 4 . ~,. ~'' " 11 s o ' " 110 0 .'~~ r r5 .:;» . 1os o '~~ "~`a" ~ ~~ ourca~ n Veraity-o a e o ~ ~ ^~~' 95 0 ~' . Jan-04 Jan-O5 Jan-O6 Jan-07 Jan-O6 Jan-09 San Diego Index of Leading Economic Indicators August's gain was the biggest monthly gain in the USD Index since March 2004. It reinforces the view projected since the Index first turned positive that the local economy is approaching a bottom. The breadth of the advance remains mixed, with the number of rising components matched by the number of decliners. The August numbers are encouraging in that the components that were negative were down by smaller amounts than have recently been the case. A key in the coming months will be whether the local economy can stabilize as the summer ends and we head into the slower fall and winter months. Back-to-school sales have already been classified as weak, and not much improvement is expected in the holiday buying season. As was indicated in previous reports, it looks like a bottom is more likely in the first half of 2010 than in the latter part of 2009 GENERAL FUND SUMMARY City Council Policy No 220-03 recommends the City maintain at least an 8 percent reserve level. As of June 1-6 QUARTERLY FINANCIAL REPORT FIRST QUARTER OF 2009-10 Page 2 of 4 30, 2009, the General Fund reserve level was at 6.7 percent (unaudited). - ~ >i ; .a rw ' °'~:"'x~Y a t: r. Am;,~,d~ed ' Projeteu , . . ; ~ . General Fund Reserve ~ .~ ~~..~< iBud e~ - . millions Reserves - July 1, 2009 $ 9.3 $ 9.3 Projected Revenues 8 Transfers In 133.0 129.7 ExpentliluresBTransfers Out (133.0) (131.9) Mid earA ro nation-Contractin Initiative 0.1 Projected DeOCIt $ 0.1 $ 2.2 Mitigating Actions RDA Loan Repayment 1.4 Hiring/Promotional/Non Essential Spending Freeze 0.8 Subtotal 2.2 Revised Projected Deficit 0.0 Protected FUnd Balance-June 30, 2010 $ 9.2 $ 9.3 Percents eof Operatln Bud et 6.6% 6.7% For fiscal year 2009/10, although the economy appears to have bottomed out the effects are still being experienced in the City as housing prices remain at depressed levels and unemployment continues to cause reduced consumer spending in the City. As a result, a General Fund deficit of $2.2 million is currently projected. Projected expenditure savings of $1.2 million partially offset the revenue shortfall leaving a deficit of $2.2 million. To mitigate this deficit, we anticipate a loan repayment from the Redevelopment Agency to the General Fund of $1.4 million. In addition, the City Manager has authorized an immediate hiring/promotional freeze and administrative freeze on all non-essential services that are anticipated to result in expenditure savings of $0.8 million. These actions will avoid impacts to reserves and continue to maintain a balanced budget for the current fiscal year per the first quarter analysis. Revenues Reilen ~ i ~, ~'x - Bi~'d eta P~'o'ectetl #s, Delta;„ Property Tax 27,199 26,613 (586) Sales Tax 18,707 18,408 (299) Sales Tax In Lieu (1/4%) 6,838 6,149 (689) Motor Vehicle License Fee 18,287 17,716 (571) Franchise Fees 10,033 8,446 (1,587) Utility Users Tax 8,169 8,669 500 Transient Occupancy Tax 2,602 2,352 (250) Business License Tax 1,190 1,190 0 Real Property Transfer Tax 841 860 19 Licenses and Permits 880 888 8 Fine, Forfeitures & Penalties 2,380 2,243 (137) Use of Money and Property 1,780 1,802 22 Other Agency Revenue 2,741 2,754 13 Charges for Services 7,546 7,538 (8) Other Revenues 11,438 11,651 213 Transfers From Other Funds 12,340 12,340 0 Total $ 132,971 $129,619 $ 3,352 Reflected in the chart are discretionary and departmental programmatic revenue adjustments that total $3.4 million. These adjustments are necessary due to recent information received from the County Assessors office, the City's sales tax consultant and information regarding the City's franchise fees and utility users tax. Property Taxes. The City of Chula Vista receives property tax revenue based upon a 1.0 percent levy on the assessed value of all real property. Property tax is the City's largest revenue source, representing 20.4 percent of General Fund budgeted revenue in fiscal year 2009/10. a~~gs,,.~,~,.e~,_.., The fiscal year 2009/10 Property Tax budget anticipated an 8.4 percent decrease. However since adoption of the budget the County Assessor has advised the City that there has been a further decline of 2 percent in assessed values from the decline initially reported to the City. The current projections for Property Tax are being adjusted downwards by $600,000 to reflect the final Assessors value of an overall -10.4 percent decline in the City's assessed value. The chart below compares the City's assessed values with the assessed values of all San Diego County. 25% 20% 15% 10% 5% 0% -5 -10 -15 -Chula Vista -County Overall Sales Tax. Sales tax is the City's second largest revenue source, representing 19.2 percent of fiscal year 2009/10 budgeted revenues. City staff met with the City's sales tax consultant, MuniServices, to review the most recent sales tax ~-~ QUARTERLY FINANCIAL REPORT FIRST QUARTER OF 2009-10 Page 3 of 4 revenues. They report that the change in sales tax receipts between second quarter 2009 and the second quarter 2008 decreased by 20.8 percent Statewide, by 19.9 percent in Southern California and 16.4 percent in Chula Vista. As seen in the revenue table, Sales Tax In-Lieu accounts for much of the adjustment in projected Sales Tax. The Sales Tax In Lieu represents the reimbursement by the State for 0.25 percent of the City's sales tax diverted by the "triple flip' and is actually reimbursed with property tax monies in lieu of sales tax. This account grows at the sales tax rate and not the property tax rate. The City has not been formally notified of the adjustment amount but we have learned that revenue from this source is likely to be $0.7 million below budget. The State has indicated that the City was "over advanced" for last year and that an adjustment by the State would be forthcoming. The City's per capita sales tax rate is shown in the chart below. $399 szsa sz9a 8150 $10° sso Del NOr CatlzbaE National BCapn Bcontlitlo La Meza San Gago Chula $264 $205 City $195 81]0 $148 $158 $131 Vista 898 ^ General Retail ^ Footl Protluds ^ Transportation ^Consiruction ^BUSiness bBusiness ®htiscellaneous Motor Vehicle License Fee (VLF). With the State Budget Act of 2004, the allocation of VLF revenues to cities and counties was substantially changed. For FY 2005/06 and beyond, the majority of VLF revenues for each city will grow essentially in proportion to the growth in the change in gross assessed valuation. Due to the new formula that relies on assessed valuations, the continued decline in automotive sales and the County Assessors additional adjustment of -2 percent in assessed values this revenue source has been adjusted downward by approximately $0.6 million. Franchise Fees. Franchise fee revenues are generated from public utility sources such as San Diego Gas & Electric (2% on gas and 1.25% on electricity), trash collection franchises (9.05% fee), and cable franchises (5% fee) conducting business within City limits. SDG&E is the single largest generator of franchise fees and accounts for approximately 35% of the total franchise revenues. SDG&E collects the franchise fee from Chula Vista customers and through a municipal surcharge imposed on the South Bay Power Plant based on their usage of natural gas. Due to the volatility of the price of natural gas and fluctuation in usage, this component is difficult to project. Trash franchise fees and cable fees are more predictable due to the fixed rates charged and the monthly and quarterly receipt of the revenues respectively. Revenue growth is projected based on population and inflation factors with the exception of the South Bay Power Plant, which is impacted by the cost of natural gas and the actual usage of the plant itself. The Franchise Fee revenue projection is being revised downward by $1.6 million based on two factors. Based on the most recent information on the price of natural gas, the price per unit has dropped by 51.2 percent ($7.69 Sept 08 vs. $3.75 Sept 09). In addition, the Public Utilities Commission recently ruled that only two of the power plant's four generators now have Reliability Must Run status which is also impacting projected revenues for the current fiscal year and on an on-going basis. $12.0 $10.0 $fi.0 $fi.0 $4.0 $2.0 $(z.q 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 ^ Trash/Cable ~ Energy -Consumer ®Energy -Power Plant Transient Occupancy Tax. It is too early in the fiscal year to predict how TOT will perform for fiscal year 2009-10. However, the two-month's receipts recorded so far this year show a decline of 21 percent from the prior year. The same two-month period in fscal year 2008-09 may be quite different than this year in that those months were just before the financial market meltdown and travelers may not have changed their travel plans at that point. The preliminary projection is that TOT will fall short of budget by $250,000. 1-8 QUARTERLY FINANCIAL REPORT FIRST QUARTER OF 2009-10 Page 4 of 4 Utility Users Tax (UUT). Revenues are budgeted at $8.2 million for fiscal year 2009/10. This revenue is projected to come in $0.5 million higher as a result of new UUT vendor collections. Expenditures y~~.t~~~ 5 De'artment. '~ xv. :~ °-Amended'"~!.< ' •Bud ek""-' rist Qtr, e, ~.xX ag+; t> b ~ACtua1 ;3V'.d'Ex ridedr. City Council $ 1,218,463 $ 196,620 16.1 Boards/Commissions 14,736 $ 1,880 12.8% City Clerk 1,165,554 $ 172,685 14.8% City Attorney 1,971,380 $ 321,402 16.3% Administration 1,727,479 $ 336,709 19.5% Information Technology 3,145,549 $ 863,756 2Z5% Human Resources 3,856,276 $ 1,354,706 35.1 Finance 3,164,019 $ 613,987 19.4% Non-Departmental 8,676,225 $ 4,760,274 54.9% General Services 2,403,505 $ 389,400 16.2% Planning&Building 4,107,525 $ 788,474 19.2% Police 44,039,025 $ 9,116,401 20.7% Fire 21,227,800 $ 4,652,430 21.9% Public Works 26,395,596 $ 5,194,416 19.7% Recreation 4,835,080 $ 1,154,521 23.9% Libra 5,136312 $ 1,162,005 22.6% Total $ 133,086,524 $ 31,079,666 23.4% The General Fund's Amended Budget reflects the Council adopted budget of $133.0 million and all mid- year appropriations ($120,500) approved by City Council. Actual expenditures to date are reflected in the chart above. It indicates that Departments have expended 23.4 percent of the General Fund budget after 25 percent of the fiscal year has elapsed. ~ De artment. ~. Amended w:x Bud et.N' ,~ Projected e °~' °'=t fdr i'e~r End. :Delta`=' Ciry Council $ 1,218,463 $ 1,157,702 $ 60,761 BoardslCommissions 14,736 14,736 - City Clerk 1,165,554 1,160,310 5,244 City Attorney 1,971,380 1,886,048 85,332 Administration 1,727,479 1,681,156 46,323 Information Technology 3,145,549 3,082,281 63,268 Human Resources 3,858,276 3,758,929 99,347 Finance 3,164,019 2,978,503 185,516 Non-Departmental 8,676,225 8,309,064 367,161 Animal Care Facility 2,403,505 2,236,982 166,523 Planning & Building 4,107,525 4,107,525 - Police 44,039,025 43,967,616 71,409 Fire 21,227,800 21,882,562 (654,762) Public Works 26,395,596 25,767,831 627,765 Recreation 4,617,080 4,567,810 49,270 `Nature Center 218,000 519,630 (301,630) Libra 5,136,312 4,780,287 356,025 Total $ 133,086,524 $ 131,858,971 $ 1,227,553 The table shows the General Fund departments with their amended budgets and the projected expenditures for the fiscal year. The projected expenditures anticipate savings of approximately $1.2 million. Mid-Year Budget Amendments Mid-year appropriations during the quarter totaled $120,500 with offsetting revenues of $6,500 for a net negative impact of $114,000. The appropriations were for a San Diego Police Foundation Grant for the purchase of a narcotics detection canine. The other two appropriations are related to an initiative for "Fair and Open Competition in Contracting Ordinance' to be placed on the June 8, 2010 General Municipal Election ballot. `µ ~µ_ .e Cy., 5 : K Y ~ a. c~ ~ ~ ~ im ~ y 4~,w~a 4' '~ ~ F N9L u m 1 .a~~ k- ndment9 r 6 ud at A . .. Revenue . Ez endtture s. 5ct 1 . SD Polica Fountlation Grant $6,500 $6,500 $0 Contracting Initiative Ballot Measure $0 $93,000 ($93,000) Coun of SD Re istrar of Voters $0 $21,000 $21,000 Total of lst Quarter Bud et Amendments $8500 $180,500 $114000 Budget Transfers There were three administrative budget transfers during the first quarter that totaled $9,196. -..Oeamnent ,L*-„'-Fmm ~ aTO. '.~-a,°' "::-04scd on Amount Flre Dept Personnel 585 AdjustmeMS to SBS BUtlget 7,314 Ciry Cwncil Ulilities 585 AtljustmeMS to 58S BUtlget 15d C Council Personnel 585 Communication Services 1 720 .$+'.- ~~ Tohl ofiat Quarter 6utl et Trans(en '--39196 1-9 RESOLUTION NO. 2009- RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING FISCAL YEAR 2009/2010 BUDGET 1N ACCORDANCE WITH THE COUNCIL POLICY ON FINANCIAL REPORTING AND TRANSFER AUTHORITY AND APPROPRIATING AMOUNTS TO THE FIRE EQUIPMENT REPLACEMENT FUND AND FROM THE AVAILABLE FUND BALANCE IN THE POLICE GRANTS FUND WHEREAS, the Council Policy established in January 1996 allows for budget transfers to be completed; and WHEREAS, the Police Department is requesting to amend the budget for the K-9 Program by freezing one police officer position and restoring overtime and supplies & services related to the program; and WHEREAS, this budget transfer reduces personnel services by $20,547 and increases supplies and services by $20,547, resulting in no net fiscal impact to the General Fund; and WHEREAS, the Fire Department is requesting to amend the budget to incorporate the budget changes necessary to reflect the side letter with IAFF; and WHEREAS, the budget transfers amend the Fire Department budget to include various transfers within the Fire Department's Personnel Services category to reflect a 1% salary reduction for IAFF members, freezing a Deputy Fire Chief, transferring savings from compensatory time in lieu, eliminating the payment of uniform allowance, and increasing anticipated salary savings; and WHEREAS, the additional changes necessary to reflect the side letter with IAFF include: Transferring $172,216 from the Transfer Out expense category to the Fire Department's Personnel Services category reelecting the elimination of the debt service payment for the defibrillators from the Fire Department's budget and transferring $35,000 from the Human Resources Department's Personnel Services Category to the Fire Department's Persomtel Services Category to reflect the elimination of the IAFF professional enrichment budget for the current fiscal year, and WHEREAS, total Fire Department transfers equal $1,000,216 and will be restored to the Fire Department's constant minimum staffing overtime budget offset by committed savings in other expenditure categories; and WHEREAS, the proposed budget changes include the transfer of an Administrative Services Manager position from the Fire Department to the Finance Department; and WHEREAS, in total, $87,452 will be transferred from the Fire Department's personnel services budget to the Finance Department's personnel services budget, and 1-10 Resolution No. 20 LO- Page 2 WHEREAS, the Police Department is requesting to appropriate additional funds to reflect grant savings from fiscal year 2008/2009 that were not carried over to the current fiscal year, and WHEREAS, this budget amendment increases $157,744 in personnel services, increases $12,900 in supplies and services, and decreases $21,764 in the capital category of the Police Grant Fund (fund 252), and WHEREAS, grant funding in the amount of $148,880 will completely offset these appropriations, resulting in no net fiscal impact to the Police Grant Fund, and WHEREAS, the Fire Department is requesting the establishment of a Fire Equipment Replacement Fund, and WHEREAS, this fund will account for the revenue received from AMR for the lease of the defibrillators, and WHEREAS, earlier this year Council approved an amendment to the ambulance service agreement with AMR to incorporate the cost of the defibrillators in the ambulance fees, and WHEREAS, the appropriation of $172,216 to the newly established fund will be revenue offset resulting in no net impact to the Fire Equipment Replacement Fund. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista amends the City's fiscal year 2009-2010 budget in accordance with the Council Policy on Financial Reporting and Transfer Authority and appropriates $148,880 from the available fund balance of the Police Grant Fund and appropriates $172,216 to the newly established Fire Equipment Replacement Fund. Presented by Approved as to form by Maria Kachadoorian Director of Finance/Treasurer 1(/a' 2 1-11