The URL can be used to link to this page

Home My Public Portal About3) Fund Section CITY OF TEMPLE CITY PROPOSED BUDGET '.. FY 2014-2016 I FUND SECTION CITY OF TEMPLE CITY PROPOSED BUDGET FY 2014-2016 FUND TYPES AND DESCRIPTIONS The accounts of the City are organized on the basis of funds and account groups,each of which is considered a separate accounting entity. The operations of each fund are accounted for with a separate set of self-balancing accounts that comprise its assets, liabilities,fund equity, revenues and expenditures or expenses,as appropriate. Government resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled. The various funds and account groups are presented as follows: GOVERNMENTAL FUND TYPES General Fund The General Fund is the general operating fund of the City. It is used to account for all financial resources except those required to be accounted for in another fund. Special Revenue Funds Special Revenue Funds are used to account for the proceeds of specific revenue sources that are legally restricted to expenditures for specified purposes. Debt Service Fund The Debt Service Fund accounts for the accumulation of resources, and the payment of general long-term debt principal, interest and related costs. Capital Projects Fund The Capital Projects Fund is used to account for financial resources to be used for the acquisition or construction of major capital facilities and projects. PROPRIETARY FUND TYPES Internal and Agency Funds The Internal Service Fund is used to account for goods and services provided by one department to other depart- ments on a cost-reimbursement basis. FIDUCIARY FUND TYPES Trust and Agency Funds Trust and Agency Funds are used to account for assets held by the governmental entity acting in a fiduciary capacity, either as a trustee or as an agent. These funds,though generally considered as one fund category, are classified into two fund types. The trust fund is often established by a formal trust agreement that places restrictions on the use of the fund's assets. An agency fund,which may also be established by formal agreement, is custodial in nature. ACCOUNT GROUPS General Fixed Assets Account Group The General Fixed Assets Account Group accounts for all property and equipment of the City. General Long-Term Debt Account Group The General Long-Term Debt Account Group accounts for the outstanding principal balance of long-term debt expected to be financed from governmental fund types. 17 CITY OF TEMPLE CITY PROPOSED BUDGET FY 2014-2016 FUNDING SOURCE ABBREVIATIONS Fund No. Funding Source Abbreviation 01 General Fund GF Reserved GF RESVD Received from CalTrans GF-CT Economic Development GF-Eco Dev 11 Traffic Safety TS 13 COPS Law Enforcement Block Grant(Brulte) COPS 15 Proposition A PROP A 16 Proposition C PROP C 17 Used Oil Used Oil 19 State Office of the Traffic Safety Grant OTS 21 Gas Tax(2105, 2106, 2107, 2107.5) GT 24 Proposition 1B PROP 1B 27 Community Development Block Grant CDBG 28 Local Transportation SB821/Transportation Development Act SB821/TDA 29 Air Quality Management District AQMD '.. 30 Measure R MR 33 Sewer Reconstruction SR 36 Highway Safety Improvement Program HSIP 37 Surface Transportation Program-Local STPL 41 1992/96 Park Bond 92/96 PB 42 1996 Park Bond 96PB 43 State Recycling/Litter Funds ST REC 46 Park Acquisition PA 47 Lighting/Landscape District L/LD 48 Safe,Accountable, Flexible, Efficient Transportation SAFE LU Equity Act:A Legacy for Users(SAFETEA-LU) Environment Protection Agency EPA '..... Beverage Container Recyclable BCR Safe Routes To School SR2S Bicycle Transportation Account BTA Congestion Mitigation and Air Quality CMAQ 18 CITY OF TEMPLE CITY PROPOSED BUDGET FY 2014-2016 STATEMENT OF ESTIMATED FUND BALANCES AS OF JUNE 30,2013 AND JUNE 30,2014 FUND ESTIMATED TRANSFERS ESTIMATED ESTIMATED ESTIMATED TRANSFERS EST.FUND BALANCE REVENUES IN EXPENDITURES EQUIP/VEH REP CAPITAL IMPROVEMENT PROJECT OUT BALANCE July 1,2013 FY 13-14 FY 13-14 FY 13-14 June 30,2014 GENERALFUND Committted 3,500,000 3,500,000 Assigned 16,150,000 795,000 2,608,420 CIP 12,746,580 Unassigned 1,367,474 12,484,710 13,295 11,419,635 201,670 635,170 CIP 1,609,004 Nonspendable 12,795 12,795 - TOTAL DESIGNATED GENERAL FUND 21,030,269 12,484,710 13,295 12,214,635 201,670 3,256,385 17,855,584 RESERVED City Loan(Calabee's) 335,418 - GF DESG 335,418 City Loan(Chamber) 4,600 500 GF DESG 4,100 City Loans(Homeowners) 56,775 - 56,775 TOTALGENERALFUND 21,427,062 12,484,710 13,295 12,214,635 201,670 - 3,256,885 18,251,877 SPECIAL REVENUE FUND Traffic Safety 7,862 50,000 40,000 17,862 High Tech Grant(CLEEP) 8,784 8,784 State COPS Grant(Brulte) 1,083 100,200 100,000 1,283 Proposition A 2,152,263 735,000 673,100 1,500,000 CIP 714,163 Proposition C 36,875 503,000 80,000 CIP 459,875 Used Oil 9,834 15,000 6,190 18,644 State Office of the Traffic Safety Grant - - - Gas Tax (2105,2106,2107,2107.5) 944,777 1,102,000 520,395 17,080 349,900 CIP/LLD 1,159,402 Asset Seizures 729 729 Prop 1B - 10,000 10,000 CIP - CDBG - 467,360 351,860 115,500 CIP - Local Transportation SB821 (151) 22,010 21,859 Air Quality Improvement 70,875 40,150 111,025 Measure R 942,226 376,500 794,230 CIP 524,496 _ Parkin Concession Fund 10,000 - 10,000 Affordable Housing Fund - 157,000 157,000 Sewer Reconstruction 709,724 134,000 400,000 CIP 443,724 EECBG - - Congestion Management 25,998 2,000 27,998 Highway Safety Improvement Program - 340,000 340,000 CIP - Surface Transp.Program-Local - 1,007,815 1,007,815 CIP - 1992/96 Park Bond - 40,000 40,000 - State Recycling/Litter 20 7,500 7,500 20 Disaster Fund - - TC Tree Restoration 2,909 2,909 Park Acquisition 47,196 185,000 232,196 Lighting/Landscape District Assessment Fees (1,382,293) 315,000 124,900 GT 421,145 45,930 (1,409,468) Ad Valorem Tax 3,683,851 806,000 477,770 2,000,000 CIP 2,012,081 Public Art Fund - 150,000 150,000 RAC,STEL,SAFE LU,EPA,SR2S,BTA,CMAQ" - 4,419,055 4,419,055 CIP - TOTAL SPECIAL REVENUE - 7,272,562 10,984,590 124,900 2,630,460 70,510 - 11,016,500 4,664,582 CAPITAL IMPROVEMENT FUND - 14,135,190 14,135,190 - TRUST FUND 175,827 - 5,000 170,827 INTERNAL SERVICE FUND Other Post Employment Benefits 997,389 - 997,389 Self Insurance Fund 549,931 50,000 250,000 349,931 TOTAL ALL FUNDS 30,422,771 23,519,300 14,273,385 15,100,095 272,180 - 14,135,190 14,273,385 24,434,606 *CIP Projects to be reimbursed by:(Rubberized Asphalt Concrete Grant$110,250) (Safe,.Account,Flexible,Efficient Transportation Equity Act:A Legacy of Users$719,920)(Environment Protection Agency$194,000) (Safe Routes To School$431,900)(Bicycle Transportation Account$713,000)and(Congestion Mitigation and Air Quality$2,249,985) 19 (Revised) CITY OF TEMPLE CITY PROPOSED BUDGET FY 2014-2016 STATEMENT OF ESTIMATED FUND BALANCES AS OF JUNE 30,2014 AND JUNE 30,2015 FUND ESTIMATED TRANSFERS ESTIMATED ESTIMATED ESTIMATED TRANSFERS EST.FUND BALANCE REVENUES IN EXPENDITURES EQUIP/VEH REP CAPITAL IMPROVEMENT PROJECT OUT BALANCE July 1,2014 FY 14-15 FY 14-15 FY 14-15 June 30,2015 GENERAL FUND Committted 3,500,000 3,500,000 Assigned 12,746,580 1,150,000 11,596,580 Unassigned 1,609,004 11,961,300 500 11,920,060 96,900 665,525 CIP/OPEB 888,319 Nonspendable - - TOTAL DESIGNATED GENERAL FUND 17,855,584 11,961,300 500 13,070,060 96,900 665,525 15,984,899 RESERVED City Loan(Calabee's) 335,418 - GF DESG 335,418 City Loan(Chamber) 4,100 500 GF DESG 3,600 City Loans(Homeowners) 56,775 56,775 TOTAL GENERAL FUND 18,251,877 11,961,300 500 13,070,060 96,900 - - 666,025 16,380,692 SPECIAL REVENUE FUND Traffic Safety 17,862 50,000 40,000 27,862 High Tech Grant(CLEEP) 8,784 8,784 State COPS Grant(Brulte) 1,283 100,100 100,000 1,383 Proposition A 714,163 745,000 738,945 720,218 Proposition C* 459,875 513,000 175,000 CIP 797,875 Used Oil 18,644 15,000 6,190 27,454 State Office of the Traffic Safety Grant - 10,000 10,000 Gas Tax (2105,2106,2107,2107.5) 1,159,402 1,073,000 523,805 45,000 1,658,860 CIP/LLD 4,737 Asset Seizures 729 729 Prop 1B - 1,000 1,000 CDBG - 506,400 306,400 200,000 CIP - Local Transportation SB821 21,859 22,010 43,869 Air Quality Improvement 111,025 40,150 151,175 Measure R 524,496 391,500 915,996 Parking Concession Fund 10,000 - 10,000 Affordable Housing Fund 157,000 - 157,000 Sewer Reconstruction 443,724 60,000 10,000 10,000 CIP 483,724 EECBG - - Congestion Management 27,998 1,000 28,998 Highway Safety Improvement Program - 1,253,200 1,253,200 CIP - Surface Transp.Program-Local - 1992/96 Park Bond - 40,000 40,000 State Recycling/Litter 20 9,700 9,720 Disaster Fund - TC Tree Restoration 2,909 2,909 Park Acquisition 232,196 17,000 249,196 Lighting/Landscape District Assessment Fees (1,409,468) 330,000 123,860 GT 587,020 (1,542,628) Ad Valorem Tax 2,012,081 806,000 534,680 2,283,401 Public Art Fund 150,000 150,000 Bicycle Transportation Account(BTA) 205,425 - 205,425 CIP TOTAL SPECIAL REVENUE 4,664,582 6,189,485 123,860 2,897,040 45,000 - - 3,502,485 4;533,402 CAPITAL IMPROVEMENT FUND 3,944,150 724,250 3,219,900 - TRUST FUND 170,827 1,000 5,000 166,827 INTERNAL SERVICE FUND Other Post Employment Benefits 997,389 - 100,000 1,097,389 Self insurance Fund 349,931 55,000 250,000 154,931 - TOTAL ALL FUNDS 24,434,606 18,206,785 4,168,510 16,222,100 141,900 724,250 3,219,900 4,168,510 22,333,241 20(Revised) CITY OF TEMPLE CITY PROPOSED BUDGET FY 2014-2016 STATEMENT OF ESTIMATED FUND BALANCES AS OF JUNE 30,2015 AND JUNE 30,2016 FUND ESTIMATED TRANSFERS ESTIMATED ESTIMATED ESTIMATED TRANSFERS EST.FUND BALANCE REVENUES IN EXPENDITURES EQUIP/VEH REP CAPITAL IMPROVEMENT PROJECT OUT BALANCE July 1,2015 FY 15-16 FY 15-16 FY 15-16 June 30,2016 GENERAL FUND Committied 3,500,000 3,500,000 Assigned 11,596,580 675,000 225,000 CIP 10,696,580 Unassigned 888,319 12,141,300 500 11,858,870 35,400 1,135,849 Nonspendable - - TOTAL DESIGNATED GENERAL FUND 15,984,899 12,141,300 500 12,533,870 35,400 225,000 15,332,429 RESERVED City Loan(Calabee's) 335,418 - GF DESG 335,418 City Loan(Chamber) 3,600 500 GF DESG 3,100 City Loans(Homeowners) 56,775 56,775 TOTALGENERALFUND 16,380,692 12,141,300 500 12,533,870 35,400 - - 225,500 15,727,722 SPECIAL REVENUE FUND Traffic Safety 27,862 50,000 40,000 37,862 High Tech Grant(CLEEP) 8,784 8.784 State COPS Grant(Brulte) 1,383 100,100 100,000 1,483 Proposition A 720,218 649,000 742,395 626,823 Proposition C 797,875 523,000 1,320,875 Used Oil 27,454 15,000 6,190 36,264 State Office of the Traffic Safety Grant - - - - Gas Tax (2105,2106,2107,2107.5) 4,737 1,098,000 523,805 578,860 CIP/LLD 72 Asset Seizures 729 729 Prop 1B 1,000 1,000 2,000 CDBG - 170,000 157,650 12,350 Local Transportation SB821 43,869 22,010 65,879 Air Quality Improvement 151,175 40,150 191,325 Measure R 915,996 401,500 1,317,496 Parking Concession Fund 10,000 - 10,000 Affordable Housing Fund 157,000 - 157,000 Sewer Reconstruction 483,724 60,000 10,000 533,724 EECBG - - Congestion Management 28,998 1,000 29,998 Highway Safety Improvement Program - - - Surface Transp.Program-Local - - - 1992/96 Park Bond - 40,000 40,000 - State Recycling/Litter 9,720 9,700 19,420 Disaster Fund - - TC Tree Restoration 2,909 - 2.909 Park Acquisition 249,196 17,000 266,196 Lighting/Landscape District Assessment Fees (1,542,628) 400,000 123,860 GT 589,640 (1,608,408) Ad Valorem Tax 2,283,401 826,000 534,680 2,574,721 Public Art Fund 150,000 - 150,000 TOTAL SPECIAL REVENUE 4,533,402 4,423,460 123,860 2,744,360 - - 578,860 5,757,502 CAPITAL IMPROVEMENT FUND - 680,000 - 680,000 TRUST FUND 166,827 - 5,000 161,827 INTERNAL SERVICE FUND Other Post Employment Benefits 1,097,389 - 1,097,389 Self Insurance Fund 154,931 50,000 145,000 59,931 TOTAL ALL FUNDS 22,333,241 16,614,760 804,360 15,428,230 35,400 - 680,000 804,360 22,804,371 21(ReVised) I i I CITY OF TEMPLE CITY PROPOSED BUDGET FY 2014-2016 General Fund Balances Reserved and Unreserved at 6-30-14 Appropriations Expended Reserve Balance Committed Emergency/Disasters $ 1,000,000 Liquidity $ 2,000,000 OPEB (FY 2012-13) $ 1,000,000 $ (1,000,000) Local Economic Uncertainty $ 500,000 $ 4,500,000 $ (1,000,000) $ 3,500,000 Assigned Fleet Management $ 400,000 Facilities Management $ 4,000,000 P3 Masterplan $ (150,000) $ - Council Chamber Remodel-Accounted for in CIP $ (310,000) $ (340,000) $ 3,540,000 $ (340,000) $ 3,660,000 Technology Replacement $ 200,000 Document Imagining $ (45,000) $ (45,000) Automation of personnel processes $ (15,000) $ (15,000) Community Development Permit Software $ (110,000) $ (110,000) $ 30,000 $ (170,000) $ 30,000 Economic Development $ 8,000,000 Rosemead Blvd Enhancements(FY 2012-14)Accounted for in CII $ (1,000,000) $ (1,000,000) 5800 Temple City Boulevard (FY 2012-13) $ (1,050,000) $ (1,050,000) Primrose Property $ (1,276,175) $ (1,268,420) General Plan Update(2 Years) $ (750,000) $ (300,000) Las Tunas/Rosemead Specific Plan $ (650,000) $ (100,000) Economic Development Strategy $ (25,000) $ (25,000) Five Year Strategic Plan $ (40,000) $ (40,000) $ 3,208,825 $ (2,733,420) $ 4,216,580 Opportunities for One-Time Expenditures $ 4,600,000 Housing Element $ (15,000) $ (15,000) Sign Code Update $ (55,000) $ (55,000) Complete Neighborhood Initative $ (40,000) $ (40,000) Historic Preservation Ordinance $ (30,000) $ - Analysis of Waste Management Contract $ (50,000) $ (50,000) Analysis of Public Safety Contract $ (50,000) $ - $ 4,360,000 $ (160,000) $ 4,440,000 $ (3,403,420) $ 16,246,580 Unreserved $ 1,609,504 Internal Reserves(City Loans) $ 395,793 Total Fund Balance $ 18,251,877 22A i CITY OF TEMPLE CITY PROPOSED BUDGET FY 2014-2016 General Fund Balances Reserved and Unreserved at 6-30-15 Proposed Uses of Appropriations Expended Reserve Balances FY Reserve Balance Committed Emergency/Disasters $ 1,000,000 Liquidity 5 2,000,000 OPER (FY 2012-13) 5 1,000,000 $ (1,000,000) Local Economic Uncertainty $ 500,000 $ 4,500,000 $ (1,000,000) $ 3,500,000 Assigned Fleet Management $ 400,000 Facilities Management $ 4,000,000 P3 Masterplan $ (150,000) $ - $ (150,000) Council Chamber Remodel-Accounted for in CIP $ (310,000) $ (340,000) $ 3,540,000 $ (340,000) $ (150,000) $ 3,510,000 Technology Replacement $ 200,000 Document Imagining $ (45,000) $ (45,000) Automation of personnel processes $ (15,000) $ (15,000) Community Development Permit Software $ (110,000) $ (110,000) $ 30,000 $ (170,000) $ 30,000 Economic Development $ 8,000,000 Rosemead Blvd Enhancements(FY 2012-14)Accounted for in( $ (1,000,000) $ (1,000,000) '.. 5800 Temple City Boulevard (FY 2012-13)Spent Prior Year $ (1,050,000) $ (1,050,000) Primrose Property $ (1,276,175) $ (1,268,420) General Plan Update(2 Years) $ (750,000) $ (300,000) $ (450,000) Las Tunas/Rosemead Specific Plan $ (650,000) $ (100,000) $ (550,000) Economic Development Strategy $ (25,000) $ (25,000) Five Year Strategic PI $ (40,000) $ (40,000) $ 3,208,825 $ (2,733,420) $ (1,000,000) $ 3,216,580 Opportunities for One Time Expenditures $ 4,600,000 Housing Element $ (15,000) $ (15,000) Sign Code Update $ (55,000) $ (55,000) Complete Neighborhood Initative $ (40,000) $ (40,000) Historic Preservation Ordinance $ (30,000) $ - Analysis of Waste Management Contract $ (50,000) $ (50,000) Analysis of Public Safety Contract $ (50,000) $ $ 4,360,000 $ (160,000) $ 4,440,000 $ (3,403,420) $ (1,150,000) $ 15,096,580 Unreserved $ 888,319 Internal Reserves(City Loans) $ 395,793 Total Fund Balance $ 16,380,692 22B