HomeMy Public PortalAbout13) 9A FY Mid-Year Budget ReviewAGENDA
ITEM 9.A.
ADMINISTRATIVE SERVICES DEPARTMENT
MEMORANDUM
DATE: February 18 , 2020
TO: The Honorable City Council
FROM : Bryan Cook , City Manager
V ia : Susan Paragas , Administrative Services Director
By : Lee Ma , Accountant
SUBJECT : FISCAL YEAR (FY) 2019-20 MID-YEAR BUDGET REVIEW , TREASURER'S
REPORT, REVENUE, EXPENDITURE AND CAPITAL PROJECT SUMMARY
REPORTS
RECOMMENDATION:
The City Council is requested to :
1. Receive the FY 2019-20 Mid-Year Budget Review and related reports ;
2 . Authorize staff to revise revenue estimates as indicated in Attachment "A "; and
3 . Authorize staff to revise expenditure estimates as indicated in Attachment "B".
BACKGROUND:
1. On June 18, 2019 , the C ity Council approved the FY 2019-20 budget for all funding
sources in the amount of $25 ,800,010 (excludes transfers out).
2 . On June 18 , 2019 , the City Council adopted Resolution No . 19-5405 adopti ng the FY
2020 Statement of Investment Pol icy .
3 . On June 18 , 2019 the City Council also adopted Resolution No . 19-5404,
to include and reappropriate any funds for all pre vious app roved projects that have no t
been in it iated or completed (Section 3). The Primrose Park and Parking Lot Project was
not completed in FY 2018-19 , therefore , a reapprop ria tion in the amount of $113 ,890
from the General Fund was made in FY 2019-20 .
4. On July 16, 2019 , the City Council approved an add itional $20,000 for profess ional
services with R3 Consulting Group from the General Fund .
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February 18 , 2020
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5 . On August 6, 2019 , the City Coun c il approved $26,400 from the General Fund for
necessary bui ld in g improvements associated w ith the Temple City Chamber of
Commerce re location to the City's Council Chambers building on Kauffman Avenue .
6 . On August 20 , 2019 , the City Counci l approved $10,000 from the General Fund for the
Coyote Man agement Implementation Plan with t he San Gabriel Valley Council of
Governme nts .
7. On November 19 , 2019 , the City Council appropriated an additiona l $8 ,000 from the
Parks Acquisition Fund for the roofing project. The City Council also authorized the use
of $122 ,500 of the Lighting and Landscape District Fund and $52 ,500 of the General
Fund for the purchase of a replacement wheel loader.
8. On December 3, 2019 , the City Council approved $6 ,370 from the General Fund for
adopting salary ranges for unrepresented part-time class ifications implementing the
minimum wage effective on January 1, 2020 .
ANALYSIS :
The FY 2019-20 Mid -Year Budget review process provides the City Council with an
opportunity to review and adjust original revenue projections and budgeted appropriations
based on six months of actual activity. Adjustments can result from changes i n revenue
projections based on actual revenue received from July 1, 2019 through December 31 , 2019 ,
as well as unanticipated expenditures due to information that was not previously available . It
is through sign if ica nt diligence on the part of staff by finding cost-cutti ng strategies that the
City has been able to preserve its financial health without elim i nating services .
1. FY 20 19-20 GENERAL FUND REVENUES
After a careful and thorough review of the FY 2019-20 Gene ral Fund (GF ) revenues , staff
is making recommendations for re visions to some estimates , as outlined in Attachment
"A" for a total increase of $72,000. A review of th e City's majo r revenue sources is
provided :
• Prope rty Tax : Property taxes continue to be one of the City's strongest revenue
sources. Under Proposition 13, property is generally re assessed only when there is
a change in ownership . After which , its assessed value is adjusted annually by an
infl ation factor not to exceed two percent. Temple City's assessed valuations co nt i nue
to increase and the median home prices have exceeded the pre-recession level s of
2007. As of December 31 , 2019 , property tax collections are $86 ,160 higher than
last year, FY 2018 -19. The current budget was adjusted to reflect the estimated
increase from last year. No adjustment is recommended at this time .
• Sales Tax : Sa les ta x decreased $20 ,000 from the second quarte r in FY 2019-20
over the same quarter in FY 2018 -19 . However, the current budget was decreased
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February 18 , 2020
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from FY 2018-19 actual sale tax revenues . No adjustment is recommended at this
time .
• Other Taxes : Other tax revenues include franc hise fees , transient occupancy tax and
real estate tran sfe r tax . Franchise fees are fees collected from service providers , who
provide ut il ity services to the res ide nts, such as A thens Services, The Gas Company ,
Southern California Edison and cab le te levision. A 10% transient occupancy tax is
collected from each guest that rents a room from any hotel located within the City.
The tax is remitted directly to the City by the hotel owners on a monthly basis . Real
estate transfe r tax is a tax that is collected when there is a change in ownership of all
real properties . No adjustments are recommended at this time as the revenue
collected are within their budgeted amounts .
• License & Perm its : License & perm its include building perm its , bus iness license
fees , ani ma l license fees , parking permit fees, impound fees , temporary parking
permits , code enforcement fees and temporary parking permit fees . Based on the
first six months of License & Permit revenues received in FY 2019-20 , staff is
recomme ndi ng a reduction of $28 ,000 for Encroachment Permit Fees as it is trending
lower t han pri or year's revenues (see Attachment "A ").
• Mot or Vehicle in-lieu fee (VLF): VLF was established in 1935 as a uniform statewide
tax , the V LF is a tax on the ownership of a registered vehicle i n p lace of taxing
vehicles as personal property. By law, all revenues from the VLF fund c ity and county
services , bu t the state legislature controls the tax rate and the allocation among local
governments . In 2004 , the Legislature permanent ly reduced the VLF tax rate and
el iminated state general fund backfill to cities and counties . Instead , cit ies and
counties now receive additional transfers of property tax revenues in li eu of VLF . No
adjustment is recommended at t his time .
• Ch a rges fo r Serv ices : Charges for services are revenues received from recreation
fees , facility rental fees , zoning fees and plan check fees. These revenues are
reflected w hen services , classes or events are provided . Based on the current
reven ues , a total budget increase of $100 ,000 is recommended as the revenues are
tracking lower than estimates (see Attachment "A "):
o Engineering Fees (-$40 ,000)-Based on current revenue col lected , the fees
are projected to be lower than prior year's activities .
o Plan Check Fees (+$60 ,000)-Revenues are tracking highe r than budgeted
as there is an inc rease in activities .
o Zoni ng Fees (+$80 ,000)-Activities are higher this f irst ha lf of FY 2019-20
and has already met 85 % of the budgeted amount of $1 7 0,000 .
• Court Fines : Court Fines are revenues collected from citations written f rom both the
Los Ange les Coun ty She riff's Department and authorized City staff. Based on current
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February 18 , 2020
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activity, no adjustment is recommended at this time .
• Interest on Investments : The City receives interest on various investments on a
monthly, quarterly , semiannually, or annual basis depending on the type of
investment. Currently the City invests with Loca l Agency Investment Fund (LAIF );
Certificates of Deposit (C D); the Los Angeles County Investment Poo l (LACIP) and
other various Federal notes and agencies . Based on current activity, no adjustment
is recommended at this time .
• Other Revenues : Other revenues include recyclable revenue , renta l inc ome , sales
of City property , donations and reimbursements . No adjustment is recommended at
this time .
2. FY 2019-20 OTHER FUND REVENUES
After reviewing other City funds , t here are no adjustments recommended at th is t ime as
the revenue collections are tracking within their budgeted amounts .
3. FY 2019-20 GENERAL FUND AND OTHER FUND EXPENDITURES
The adopted FY 2019-20 City Budget totaled $25 .8 million in Operating Expenditures ,
One-T ime Expenditures and Capital Improvement Projects . Recommendat ions for the
mid-year budget adjustments are presented in Attachment "B".
The recommended total GF net reduction is $380 ,335 in the follow ing expend itures :
o City Manager/Special Contract Services (+$22 ,685) -Add ition al printing
costs for CONNECT maga zine .
o Community Development-Planning/Contract Services (+$20 ,000) -
Creation of a traffic model due to SB 743 where the City needs to adopt a
vehicle miles trave led traffi c threshold of significance when the City
performs a California Environmenta l Quality Act review.
o Elections/Los Angeles County Reg istrar ( -$107 ,250) -Cancellation of City
Co un cil election .
o Ge neral Government Buildings/Overtime (+$8 ,000) -Increase due to
additional ass igned projects for staff.
o Parking Facilities/Capital Improvements (-$40 ,000) -Re-al location of
Electric Veh icle (EV) c harging station to the AQMD fund .
o Purchas i ng /Special Contract Services ( +$13 ,1 00) -Re -allocat ion of three
non -pl ug-in hybrid Parking Enforcement veh icle leases from AQMD .
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February 18 , 2020
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o Purchas in g/Special Contract Services (+$60 ,000) -Down payments for
three (3) Parking Enforcement vehicles .
o Purchasing/Special Contract Services ( +$23 , 130) -Additional cost of
internet services due to delay of internet service provider change over.
o Transfers Out (-$380 ,000)-El imination of Lighting and Landscape District
(L LD ) subsidy due to passage of Senate Bill 324 (see descri ption under
Section 5.
Recommendations for net expenditure adjustments of $561 ,900 in non-GF funds :
o AQMD-Park ing Facilities (+$40 ,000)-Re-allocat ion of EV charging station
from the GF .
o AQMD-Special Contract Services (-$13,1 00)-Re-allocation of three non -
plug-in hybrid Parking Enforcement vehicle leases to GF .
o AQMD-Special Contract Services (+$14 0 ,000)-Down payments for seven
(7) plug-in hybrids for replacement of currently leased veh icles .
o LLD-Transfers In (-$380,000)-El imination of subsidy from GF due to SB
324 (see description under Section 5).
o Park Acquisition Fund -Striping/Pavement (+$15 ,000) -Repaving of Live
Oak Park jogging/walking path .
4. GENERAL FUND CAPITAL IMPROVEMENT PROJECTS (CIP)
With the adoption of FY 2019-20 C ity Budget, the City Council approved and funded
$5.32 million in CIP expend iture budge t , of wh ich 9.4 %, or $500 ,000 , are funded by the
General Fund . However, with budget adjustments through the past six months, the total
CIP budget is $5.44 million of wh ich is 11.3%, or $613 ,890 funded by the GF . No
adjustment is recommended at this time .
5. FUND BALANCE ANALYSIS (GENERAL FUND)
Attachment "C" prov ides an analysis of the GF Ba lance . Estimated GF Balances at June
30 , 2020 , are provided :
• At July 1, 2019 , when the FY 2019-20 City Budget was adopted ;
• At December 31 , 2019, which includes actual GF Balance at Ju ly 1, 2019 , is
now available due to completion of the audited Comprehensive Annual Financial
Report (CAFR) and budget adjustments for the first six months of operations ;
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and
• Estimated GF Balance at June 30 , 2020 , is presented assuming the
recom mended adjustments in this report are approved and implemented .
The recommendations consist of a GF Fund total increase of $72 ,000 in estimated
operating revenue budget and a total decrease of $335 from the operating expenditure
budget. In addition , the transfer out to subsidize the LLD operations of $380 ,000 was
eliminated due to the Ca li fornia State Senate's passage of Senate Bill 324 . The bill
authorized the LLD to perform maintenance and improvements pursuant to the
Landscape and Lighting Act of 1972 (1972 Act) and authorize funds le vied under The
Street Lighting Act of 1919 (1919 Act) to be used by the District as allowed under the
1972 act. Therefore , the adjusted GF operating surplus is increased from $107 ,375 to
$523 ,270.
The analysis further shows the resources that are available in accordance w ith the City's
adopted Budget Reserve Policy . It is anticipated the City w i ll be mov ing in to the FY
2020-2021 City Budget process with a GF fund balance of $18 .3 million which i ncludes
an unassigned balance of over $4 .3 million . Committed and Assigned Reserves for
restricted purposes have a balance of just over $14 .0 million .
One item that will need to be monitored is the Measure W funds, the Safe Clean Water
Act parcel tax . As of now, cities have not been received the remittance in FY 2019-20 .
Cities , including the City , have spent against this revenue stream to pay for
infrastructure , and programs to capture , tre at, and recycle rainwater. At t he end of
December 31 , 2019 , the City has spen t almost $64 ,000 . The FY 2019-20 GF surplus
could possibly be used to fund the expenditures in the Measure W fund should the City
not receive the Measure W revenues in FY 2019-20 . However, staff w ill look into an
option of using Measure W revenues to reimburse the GF once funding is received .
6. CITY TREASURER'S REPORT
The Treasurer or Chief Fiscal Officer is required to render an annual statement of
Investment Policy to the legislative body of the local agency and to render a monthly
report containing specific info rmation regarding investment and deposits to the
leg is lative body and the Chief Administrative Officer. The attached Treasurer's Report
(Attachment "D"), which is completed monthly and submitted to the City Council on a
monthly and quarterly basis , reflects the balance as of December 31 , 2019 .
7. REVENUE SUMMARY REPORT
This report (Attachment "E") is a summary of actual revenues for the period of July 1,
2019 to December 31 , 2019 . By the end of the second quarter the percent of revenue
received is generally 50 %, except for those types of revenues that are received annually
such as business licenses , animal licenses , parking permits and franchise fees . Further,
the major revenues, such as property tax and VLF , are not received equally over a 12
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February 18 , 2020
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month peri od , thus prov id ing a skewed percentage of actual receipts collected to date.
Detailed discussions about revenue collections year to date have been addressed earlier
in this report .
8. EXPENDITURE SUMMARY REPORT (INCLUDING EQUIPMENT REPLACEMENT)
This report is a summary of actual expenditures for the per iod of July 1, 2019 to
December 31 , 2019 (Attachment "F"). By the end of the second quarter the percen t
expended is generally 50 %. As is the City's policy , expenditures are kept to a minimum .
The programs that are contracted with Los Angeles County are generally a month or two
behind due to the County's timing in invoicing the City.
9. CAPITAL IMPROVEMENT FINANCIAL STATUS REPORT
The second quarter expenditures (Attachment "G") reflect costs for three projects :
Primrose Park and Park in g Lot ; Rosemead Boulevard Resurfacing and the Pavement
Management Street Resurfacing for a total of $507 ,291 .
10. TRANSPORTATION FUNDS STATUS REPORT
Whil e not usually addressed in the mid-year report, an update of the transportation funds
is d iscussed here . The City receives five (5) Local Retu rn Program (LRP ) revenue
allocations . Four of the LRP is distributed by Los Angeles County fo r the deve lopment
and improvement of local public transit , paratransit and transportation infrastructure and
help ease traffic congesti on : Measure M, Measure R, Propos it ion A and Proposition C .
The other LRP , the Transit Development Act (TDA), Article 3 , is distributed by the state
for bicycle and pedestrian facilities/projects .
Measure M and Measure R funds are to be used to augment existing City revenues used
for tra nsportation purposes . The el ig ible uses are for major street resurfacing ,
rehabilitation and reconstructi on such as :
• Streets and Roads
• Traffic Control Measures
• Bik eways and Pedestrian Improvements
• Public Transit Services
• Public Transit Capital
• Transportation Marketing
• Planning , Engineering and/or Study , Congestion Management
Program
• Transportation Administration
• Local Funding Contribution
Proposition A is to be used exclusively to benefit public transit such :
• Fixed Route and Paratransit Services
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February 18 , 2020
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• Transportation Demand Management
• Transit Systems Management
• Fare subsidy programs (exclusively benefits transit)
Propos itio n C are to be used the same way as Proposition A with the additional uses :
• Congestion Management Programs
• Commuter Bikeways and Bike Lanes
• Street Improvements (supporting public transit service)
• Pavement Management System projects
TDA Article 3 are used for:
• Engineering Expenses (leading to construction )
• Right-of-Way Acquisition
• Construction and Reconstruction
• Retrofitting Existing Bicycle and Pedestrian Facilities
• Route Improvements
• Purchase and Installation of Bicycle Facilities
The City used and continue to use the funding received from the LRPs . The last 5 years '
projects , current planned projects , annual 5-year average allocations, annual 5-year
average expenditures , and estimated fund balances for June 30 , 2020 are below :
PROGRAM PROJECTS-LAST 5 YEARS CURRENT PLANNED PROJECTS
Measure M • Street Repaving/ • Pavement Mgt Street
Resurfacing Resurfacing -Las Tunas
MeasureR • Street Repaving/ • Pavement Mgt Street
Resurfacing Resurfacing
Prop A • Dial -A-Ride • Dial -A-Ride
• Recreation Excursions • Recreation Excursions
• Bus Shelter Maint. • Bus Shelter Maint.
• Lyft
Prop C • Redesign & Construction -• Las Tunas Resurfacing
Las Tunas
• Traffic Signal Upgrades
TDA Article 3 • Rosemead Blvd • Sidewalk and Curb Ramps-
Improvement ADA Improvements
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February 18 , 2020
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PROGRAM
Measure M
MeasureR
Prop A
Prop C
TDA Article 3
ANNUAL 5-YEAR
AVERAGE
ALLOCATIONS
$448 ,000 (2 yrs)
$418 ,000
$672 ,000
$557 ,000
N/A
CITY STRATEGIC GOALS:
ANNUAL 5-YEAR
AVERAGE
EXPENDITURES
$ 95 ,000
$ 798 ,000
$ 672 ,000
$ 147,000
$ 60 ,500
FY 2019-2020 ESTIMATED
BUDGETED FUND BALANCE,
EXPENDITURES 06 /30 /2020
$ 800 ,000 $ 424 ,000
$ 750 ,000 $ 737 ,000
$ 939 ,735 $1 ,015 ,000
$1 ,200 ,000 $1 ,157 ,000
$ 71 ,000 $ 27 ,500
The City Council is requested to receive the Mid-Year Budget Report and Financ ial Status
Reports at the close of the second quarter of FY 2019-20 and authorize the M id-Year Budget
adjustments . This action will further the City's Strategic Goal to promote Good Governance .
FISCAL IMPACT:
If the City Council approves the above -mentioned FY 2019-20 Mid-Year Revenue and
Expenditure adjustments , as listed in Atta c hment "A " and Attachment "B", General Fund
operating revenues will be revised from $15 ,118 ,945 to $15 ,190 ,945 and operating
expenditures from $14 ,688 ,510 to $14 ,688,175. This resu lts i n a FY 2019-20 estimated
operating surplus of $523 ,270 which includes a transfer in the amount of $20 ,500 .
ATTACHMENTS:
A. FY 2019-20 Mid-Year General Fund Revenue Adjustments
B . FY 2019-20 Mid-Year General Fund Expenditure Adjustments
C. FY 2019-20 Fund Balance Analysis
D. City Treasurer's Report
E. Revenue Summary Report
F. Expenditure Summary Report
G. Capital Project Financia l Status Report
,..---------~---~
ATTAC HMENT A
CITY OF TEMPLE CITY
FY 2019-2020 REVENUE ADJUSTMENTS
GENERAL FUND REVENUES
E ncroachm ent Pe rm its
Engineerin g Fees
P lan Check Fees
Zoning Fees
TOTALGFBUDGETADJUSTMENTS-REVENUES
FY 2019-20
Bud et
$160,000
80,000
500,000
170 ,000
Proposed
Ad·ustment
($28 ,000 )
(40 ,000)
60 ,000
80 ,000
$72,000
Rev i sed
Bud et
$132,000
40 ,000
560,000
250 ,000
ATTACHMENT B
CITY OF TEMPLE CITY
FY 2019-2020 EXPENDITURE BUDGET ADJUSTMENTS
GENERAL FUND
Orig i nal Budget Proposed Revised Budget
DepartmenVProgram Amount Adjustments Amount Explanation
Administrative Services
Purchasing-Special Contract Services / $69,180 $73,100 $142 ,280 Re-allocate 3 vehicle leases ($1 3 ,100)
01-920-49 4231 and 3 down payments from AQMD
($60,000) -Park1ng Enforcement.
Purcha sing-Office Eq uipment Ma intenance/01-39,775 23 ,130 62 ,905 Cost of TpX in ternet service due to delay
920-49 4520 of cha nge over b etween internet service
providers .
Community_ Develoement
General Government Bu ildin gs -Overtime/ 20,000 8,000 28 ,000 Due to additional ass1gned projects such
01-970-81 4020 as concrete repairs .
Parking Facil ities/01-980-82 6010 40,000 (40 ,000) 0 Re-allocate EV charging station to
AQ MD (ProJect #P20-13).
Planning-Prv/Special Contract Services/ 37 ,000 20 ,000 57 ,000 Creation of traffic model due to SB 743.
01 -930-53-4 231
Management Servtces
Elect1ons-LA County Registrar/ 107 ,250 (107 ,250) 0 Cancellation of C1ty Council e lection.
01 -910-44 4218
City Manager-Prv/Special Contract 317 ,700 22 ,685 340,385 Additional p rint ing costs for CO NN ECT
Services/01-910-42 4231 magazine.
Transfers OuV01-990-90-9120 380,000 (38 0,000) 0 Elimination of Landscape and Lighting
Dis trict subsi dy du e to SB 324 .
Total General Fund Expenditure Adj . ($380 ,335)
Page 1 of 2
ATTACHMENT B
NON-GENERAL FUND
Origi nal Budget Proposed Revised B udget
Department/Program Am o unt Adjustments A mount Explanation
AQ MD-Purchasing-Special Co ntra ct SeNices/ $34 ,300 $126 ,900 $161 ,200 Re-allocate veh icle leases (3) to Gene ral
29-920-49-4231 Fund-Purchasing (Park ing Enforcement)
(-$13,095) and add down payments for 7
plug-in hybrids ($140,000).
LLD-Tra nsfe rs ln/47-990-90 9005 (380 ,000) 380 ,000 0 El imin ation of La ndscape and Lig hting
Dis trict su bsidy due to SB 324 .
Parking Facilities/29-980-82 6010 0 40 ,000 40,000 Re-allocate EV charg ing station from GF
(Project #P20-13).
Parks Acquisition/Special Contract SeNices/ 0 15 ,000 15,000 Repavi ng of Live Oak Park
46-980-59 4231 jogging/wa lking path.
Total Non-General Fund Expenditure Adj . $561,900
Page 2 of 2
ATTACHMENT C
General Fund Budget Summary
Adopted Net Adjusted Mid-Year Revised
Budget Revisions Budget Revisions EstimateS
FY 1920 Operating Revenue Budget $15,118,945 $0 $15,118 ,945 $72 ,000 $15,190 ,945
FY 1920 Operating Ex pend iture Budget (14,65 2,07 0) (36,440) (14 ,688,51 0 ) 335 (1 4 ,688, 175)
Transfers ln/(Out) (3 59 ,500) 0 (359,500 ) 380 ,000 20 ,500
FY 1920 Estimated Operating Surplus/(Deficit) $107 ,375 ($36,440) $70,935 $452 ,335 $523,270
FY 1920 One-Time Ex pend iture ($1 ,545 ,000 ) ($78 ,900) ($1 ,623,900) $0 ($1 ,623 ,900)
FY 1920 Cap ital Improvement Budget ($500,000) ($113 ,890) ($6 13 ,890) $0 ($61 3,890 )
FY 1819 Fund Balance (Audited ) $20 ,04 3,987 $0 $20,043,987 $0 $20,043 ,987
Net FY 1920 Budget Balance (1 ,937 ,625) (22 9,230) (2 , 166,855) 452 ,335 (1 ,714 ,520)
June 30, 2020 Estimated Fund Balance $18,106 ,362 ($229 ,230) $17 ,877 ,132 $452 ,335 $18,329 ,467
'.
CITY OF TEMPLE CITY
TREASURER'S REPORT
December 31 , 2019
COST VALUE
Cas h in Bank
Wells Fargo Bank-Checking 2,365,9 19.81
-Me rchant Card 45,416.41
US Bank -Checking 797 ,700.98
Camell ia Fund
East West Bank -Monthly Market Account 160 ,000.00
Wells Fargo Bank-Checking 13,462.38
Petty Cash 2 ,100.00
LA IF
Effective Quarter to Da te Yield 12/31/19 2.11 % 4 ,652 ,655.99
Mutual Securities
Certificates of Deposit
Weighted Average to Date Yield 12/31/19 2.041% 750,000 .00
Government Securities
Weighted Average to Date Yield 12/31/191.731% 5,450 ,000 .00
Fixe d Income
Weigh ted Average to Date Yield 12/31/19 2.378% 2 ,4 87,967.99
Money Marke t 15 ,615.42
US Bank*
Certificates of Deposit
Weighted Average to Date Yield 11/30/19 2.2 59 % 6 ,590 ,000.00
Government Securities
Weighted Average to Date Yield 11/30/19 1.750% 1,474,071.20
Los Angeles County Pool Investment Fund 4 ,864 ,107.82
As of 12/31/19 1.92%
SUB TOTAL $ 29 ,669 ,018 .00
OPEB Investment -Restrict ed 1 '1 00 ,000.00
As of 12/31/19
TOTAL $ 30 ,769 ,018 .00
PRIOR MONTH STATUS
To t al $ 29 ,365 ,923.84
ATTACHMENT D
MARKET VALUE
2,365,919 .81
45,416.41
797,700 .98
160,000.00
13,462.38
2,1 00.00
4 ,660,300.30
752 ,617.50
5,445 ,985.00
2,504 ,593.62
15,615.42
6 ,598,486.86
1,478,631.24
4 ,872 ,267.42
$ 29 ,713,096 .94
1 ,631,4 45.51
$ 31,344 ,542.45
$ 29 ,917 ,628.85
All investments are p laced in accordance with the City of Temp le City's Investmen t Policy . The above summary provides sufficient cash now
liquidity to meet the next six month's estimated expenditures . This report i s in accordance with Government Code Section 53646.
*No transactions in December 2019, no statement generated for December 2019.
ATTACHMENT E
CITY OF TEMPLE CITY
REVENUE SUMMARY REPORT -ALL FUNDS
PERIOD ENDING DECEMBER 31 , 2019
2018-19 2019-20
2018-19 YEAR TO DATE 2019-20 YEAR TO DATE PERCENT
BUDGET JUL-DEC BUDGET JUL-DEC RECEIVED
Taxes $ 6 ,329 ,700 $ 2 ,260 ,876 $ 6,423 ,690 $ 2 ,324 ,574 36%
Licenses and Permits 1,661 ,000 812 ,703 1,561 ,000 784 ,903 50 %
Intergovernmental 4 ,632 ,600 0 4 ,817,905 0 0%
Charges for Services 1 ,398 ,650 615 ,142 1,383,350 708 ,829 5 1%
Fines , Forfeitures, & Penalities 475 ,000 251 ,528 500 ,000 235 ,082 47 %
Use of Money and Property 240 ,000 106,103 215,000 94 ,153 44 %
Miscellaneous 213 ,000 108,491 218,000 94 ,855 44 %
Total General Fund Revenue 14,949 ,950 4 ,154,843 15,118,945 4 ,242 ,396 28%
T otal Special Revenue F unds 5 ,882 ,437 2 ,3951621 7 ,228 ,080 2 ,721,479 38%
TOTAL REVENUE $ 20,832,387 $ 6 ,550,464 $ 22,347,025 $ 6 ,963,875 31 %
Page 1 of 1
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ATTACHMENT F
CITY OF TEMPLE CI TY
EXPENDITURE SUMMARY REPORT-ALL FUNDS
PERIOD ENDING DECEMBER 31 ,2019
2018-19 2019-20
2018-19 YEAR TO DATE 2019-20 YEAR T O DATE PERCENT
BUDGET JUL-DEC BUDGET JUL-DEC EXPENDED
MAN AG E MENT SERVICES DEPARTMENT
City Council $ 180,870 $ 64 ,977 $ 194,190 $ 80,184 4 1%
City Manager 1,005,045 468 ,093 1,035,480 531 ,582 51 %
City Manager (Library Project) 0 0 1,500 ,000 1,500 ,227 100%
City Attorney 320 ,000 99 ,159 320,000 130,355 41 %
Elections 0 0 11 6 ,800 2 ,044 2%
City Clerk 333 ,553 180 ,204 358,489 185,103 52 %
Tota l-Management Services Depa rt ment $ 1,839,468 $ 812,433 $ 3 ,524 ,959 $ 2,429,495 69 %
PUBLIC SAFETY DIVISION
Law Enforcement $ 4 ,6 31,600 $ 1,864 ,249 $ 4 ,860,069 $ 1,967 ,172 40 %
Traffi c Engineering 37 ,763 6 ,916 38 ,114 23 ,922 6 3%
Emergency Services 160,010 83 ,759 164 ,744 94 ,167 57 %
Parking Admini stration 341 558 139 ,745 3 17 ,4 34 125 ,100 39%
T ota i-P ublic Safety D ivision $ 5,170,931 $ 2 ,094 ,669 $ 5 ,380 ,361 $ 2 ,210 ,361 41 %
ADM I NI STRATIVE SERVICES DEPARTMENT
Support Services/Human Resources $ 15 3,405 $ 53 ,358 $ 143,019 $ 7 3 ,977 52 %
Personnel/R isk Management 1,081 ,042 769,498 73 1,614 577 ,728 79 %
Accounting 617 ,013 321 ,706 644 ,584 317 ,215 49 %
Purchasing 316 ,690 189 ,396 332 ,120 352 ,510 106%
Total-Admin istrative Servi ces Department $ 2 ,168,150 $ 1,333 ,958 $ 1,851 ,337 $ 1,321,430 7 1%
PARKS & RECREAT ION DEPARTMENT
Recreation/Human Servic es $ 1,319 ,345 $ 585 ,05 3 $ 1 ,40 5,039 $ 572 ,723 41 %
Public Transportation 778,483 298 ,304 939 ,739 297 ,305 32 %
Parks -Maintenance/Faci lities 1,15 1,835 536 ,695 1 ,210 ,7 59 656 ,278 54 %
Trees & Parkways 690,885 256,254 724 ,939 386 ,169 53 %
Total-Parks & Recreation Department $ 3,940,548 $ 1,676,306 $ 4 ,280,476 $ 1,912,475 45%
Page 1 o f 3
ATTACHMENT F
CITY OF TEMPLE CITY
EXPENDITURE SUMMARY REPORT -ALL FUNDS
PERIOD ENDING DECEMBER 31, 2019
2018-19 2019-20
2018-19 YEAR TO DATE 2019-20 YEAR TO DATE PERCENT
BUDGET JUL-DEC BUDGET JUL-DEC EXPENDED
COMMUNITY DEVELOPMENT DEPARTMENT
COMMUNITY ENHANCEMENT DIVISION
Planning $ 828 ,375 $ 340,967 $ 743 ,774 $ 455,335 61%
Bu ild ing 727 ,898 258,693 723 ,854 285 ,719 39%
Housing 184,845 17,375 558 ,504 103,481 19%
Community Preservation 541 ,180 251 ,510 620 ,369 314,646 51 %
Total-Community Enhancement Division $ 2 ,282,298 $ 868 ,545 $ 2,646,501 $ 1,159,181 44 %
INFRASTRUCTURE & MAINTENANCE DIVI SION
Administration & Engineering $ 707 ,291 $ 267 ,096 $ 672,549 $ 288 ,993 43 %
Traffic Signal Maintenance 156,500 37 ,653 156,500 53 ,772 34%
Traffic Signs & Strip Maint. 105,430 53 ,242 119,369 56,454 47 %
Street and Sidewalk Maintenance 378 ,200 102,700 396,000 148,434 37%
Solid Waste Management 9 ,000 1,093 9,000 1,877 21%
Street Lighting 375,216 113,920 374 ,074 132,428 35%
General Government Buildings 281 ,089 145,443 329 ,504 180 ,792 55%
Parking Facilities 103,550 55 ,324 110,984 56 ,650 51%
Total -Infrastructure & Maintenance Division $ 2 ,116,276 $ 776,471 $ 2 ,167,980 $ 919,400 42 %
SUB TOTAL PROGRAM EXPENDITURES $ 17,517,671 $ 7 ,562 ,382 $ 19 ,851 ,6 14 $ 9 ,952 ,342 50%
Page 2 of 3
ATTACHMENT F
CITY OF TEMPLE CITY
EXPENDITURE SUMMARY REPORT-ALL FUNDS
PERIOD ENDING DECEMBER 31 , 2019
2018 -19 2019-20
2018-19 YEAR TO DATE 2019-20 YEAR TO DATE PERCENT
BUDGET JUL-DEC BUDGET JUL-DEC EXPENDED
SU B TOTAL PROGRAM EXPENDITURES $ 17,517,671 $ 7 ,562,382 $ 19,851 ,614 $ 9,952 ,342 50%
CAPITAL IMPROVEMENT FUND 2 ,840,000 36,514 5,437 ,890 507 ,290 9%
EQU IPMENT REPLACEMENT 107 ,000 0 240,000 0 0%
TRUST FUND 0 260 0 0 0%
TOTAL EXPENDITURES $ 20,464,671 $ 7 ,599,156 $ 25,529,504 $ 10,459,632 41 %
CDBG LOAN REPAYMENT $ 8 ,287 _$.:..__ _ __;;;;2;.;.J9 ''-'-87.;....;9~ 0 $ 35 ,000 0 %
GRAND TOTAL $ 20 ,472 ,958 =$====7=,6=2=9,=03=5= $ 25,529,504 $ 10,494,632 41 %
P age 3 of 3
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P19-01 Live Oak Park Community Center, Phase I
Improvements
P19-04 Temple City Park Pavillion Roofing
P19-14 Primrose Park and Parking Lot Project
P20-01 Live Oak Park Community Center, Phase II
Improvements
P20-02 Live Oak Park Fa cilities Master Plan , Phase II
Improvements
P20-03 Replace Conduit and Wiring Temple City Park
Recap of Funding Sources
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 19-DEC 19
Funding Source Budget
(R) General Fund* $30,000
Measure A * 150,000
Total LO P , Phase I 180,000
(E) Park Acquisition ** 28 ,000
(N) General Fund* 113 ,890
(R) Measure A 75,000
(R) Measu re A 200 ,000
(N) Park Acquisition 15,000
General Fund $143,890
Measure A 425 ,000
Park Acquisition 43,000
TOTAL CIP -PARKS MAINTENANCE I FACILITIES $611,890
• Reapproprialions from FY 2018-19 to FY 2019-20
.. Reapproprialions from FY 2018-19 to FY 2019-20 and ne w adopted budget and budget amendment
(E) = Essential (N) = Necessary (M ) = Mandated (R) = Routine
Page 1 of 4
ATTACHMENT G
PARKS -MAINTENANCE/FACILITIES
ACCT. NO. XX-980-59-6010
Year To Date
Expenditure Balance
$0 $30 ,000
0 150 ,000
0 180 ,000
0 28 ,000
16,884 97 ,006
0 75 ,000
0 200 ,000
0 15,000
$16 ,884 $127,006
0 425,000
0 43,000
$16 ,884 $595,006
(D) = Discretionary
CAPITAL IMPROVEMENT PROGRAM
PROJ ECT DETAIL
No . Project
P18-06 Rosemead Boulevard Resurfacing Project
P19-05 Safe C lean Water Program (Green Street lmpr)
P19 -07 Pavement Management Street Resurfacing
P19-08 Sidewalks and Cub Ramps ADA Improvements
P19-1 0 Banner and City Limit Signs
P20-04 Bridge Re pai r a nd Maintenance
P20-05 Las Tunas Drive Resurfacing
P20-06 Rosemead Boulevard Median Irrigation
Retrofit
• Reappropriations from FY 2018-19 to FY 2019-20
(E) = Essentia l (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL ST ATUS REPORT
JUL 19 ·DEC 19
Funding Source Budget
(E) General Fund • $105,000
RMRA • 420,000
Tota l Rosemead Bou levard 525,000
(M) General Fund • 40,000
Measure W 76,000
Tota l Safe Clean Water 116,000
(E) General Fund • 105,000
MeasureR • 750,000
Road Maintenance and
Repa ir Act • 356 ,000
Measure M • 400,000
Total Pavement Managemen1 1,611 ,000
(M) Transportation Development 71 ,000
Account*
(D) General Fund • 75,000
(E) Road Mai ntenance and 125,000
Repair Act
(E) General Fund 105,000
Proposition C 1,200,000
Road Maintenance and
Repair Act 483,000
Measure M 400 ,000
Total Las Tunas Drive 2 ,188,000
(N) Lighting/Landscape 75 ,000
District
(M) = Mandated (R) = Routine
Page 2 or 4
ATTACHMENT G
STREET CONSTRUCTION
ACCT. NO. XX -980-75-6010
Yea r To Date
Expenditure Balance
$37 ,324 $67,676
420,000 0
457 ,324 67 ,676
0 40 ,000
0 76 ,000
0 116 ,000
0 105,000
0 750 ,000
0 356 ,000
33 ,083 366,917
33 ,083 1 ,577 ,917
0 71 ,000
0 75 ,000
0 .125 ,000
0 105 ,000
0 1,200 ,000
0 483 ,000
0 400 ,000
0 2,188,000
0 75 ,000
(D) = Discretionary
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
Rec ap of Funding Sourc es
TOTAL CIP-STREET CONSTRUCTION
(E) = Essential (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL19-DEC 19
General Fund $430,000
Lignti ng/Landscape District 75,000
Measure M 800,000
MeasureR 750,000
Measure W 76 ,000
Propo sition C 1,200,000
Road Ma int enance and Repair
Act 1,384 ,000
Transportation Development
Account 71 ,000
$4,786,000
(M) = Mandated (R) = Routine
Page 3 of 4
ATTACHMENT G
STREET CONSTRUCTION
ACCT. NO. XX-980-75-6010
$37,324 $392 ,676
0 75 ,000
33 ,083 766,917
0 750,000
0 76 ,000
0 1,200,000
420 ,000 964,000
0 71,000
$490 ,407 $4 ,295 ,593
(D) = Discretionary
CAPITAL IMPROVEMENT PROGRAM
PROJ ECT DETAIL
No . Project
P20-07 City Hall and Live Oak Park EV Charging
Station s
Recap of Funding Sources
TOTAL CIP-PARKING FACILITIES
(E) = Essential (N) = Ne cessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 19 ·DEC 19
Funding Source Budget
(N) General Fund $40,000
General Fund $40 ,000
$40 ,000
(M) = Mandated (R) = Routine
GRAND TOTAL $5 ,437 ,890
Page 4 of 4
ATTACHMENT G
PARKING FACILITIES
ACCT. NO. XX-980-82 -6010
Year To Date
Expenditure Balance
$0 $40 ,000
$0 $40,000
$0 $40 ,000
(D) = Discretionary
$507,291 $4,930 ,599