HomeMy Public PortalAbout11) 7G Fiscal Year 2014-15 Fourth Quarter Preliminary Financial Status ReportAGENDA
ITEM 7.G.
ADMINISTRATIVE SERVICES DEPARTMENT
DATE:
TO:
FROM:
MEMORANDUM
September 1, 2015
The Honorable City Council
Bryan Cook, City Manager
Via : Tracey L. Hause, Administrative Services Director
By : Lee Ma , Accountant
SUBJECT: FISCAL YEAR (FY) 2014-15 FOURTH QUARTER PRELIMINARY
FINANCIAL STATUS REPORT
RECOMMENDATION:
It is recommended the City Council receive and file the Fourth Quarter (i.e ., April-June
2015) Preliminary Financial Status Report.
BACKGROUND:
1 . On June 3 , 2014, the City Council approved the FY 2014-15 City Budget.
2 . On August 5, 2014, the City Council approved a budg et amendment in the amount
of $26,500 to host and co -sponsor the 2015 Sing Tao Lunar New Year Street
Festival. To offset the cost to the City , Sing Tao will reimbu rse the City $10 ,000 .
3. On September 2 , 2014 , the City Council approved a budget amendment in the
amount of $15,000 for relo ca tion of a streetlight pursuant to contractual terms with
the Temple City Gateway LLC .
4 . On September 16, 2014 , the City Council approved a budget amendment in the
amount of $41,610 to purchase a telephone system from KTS Networks .
5 . On October 21 , 2014 , the City Council approved a budget amendment in the amount
of $7,500 awarded to Center of Priority Based Budg eting (CPBB) for the
development of the Fis ca l Health Diagnostic Tool and related consulting services .
6. On November 18, 2014 , the City Council approved first quarter budget amendments
City Council
September 1, 2015
Page 2 of 6
in various accounts in the total amount of $575 ,000 in Estimated Revenues,
$104 ,770 in General Fund , and $1,641 ,125 Non-General Fund Appropriations . The
General Fund Appropriations included an allocation of $40 ,000 for as-needed
Economic Development services.
7. On De ce mber 16 , 2014 , th e City Council appropriated $10,000 to fund installation
of decorative feature on the Performing Arts Pavilion Dan ce Floor .
8 . On January 20, 2015 , the City Council appropriated $29 ,000 from the Publ ic Arts
Fund for artwork commission and related costs , including mural installation and
community i nvolvement activities.
9. On February 3, 2015 , the City Council approved the second quarter budget
amendments of additional $30,600 from the General Fund Unassigned Fund
Balan ce and an adjustment of $40 ,350 in both estimated revenues and
appropriations in the Community Devel opmen t Block Grant Fund to recognize for
housing rehabilitation loan repayment.
10. On Feb rua ry 10 , 2015, th e City Council approved the mid-year adjustments , and the
FY 2014-15 City Budget was amended to $23 ,053 ,380 .
11. On February 24 , 2015 , the City Council adopted Resolut ion No . 15-5067 appproving
the Memorandum of Understanding (MOU) between the City of Temple City and the
Temple City Employees Association (TCEA) and amending salary ranges for
positions represented by TCEA; and appropriated $57 ,17 6 from the General Fund
Undesignated Fund Balance for the Implementation of the MOU.
12 . On March 17, 2015 , the City Council appropriated $12 ,930 from Community
Developme nt Blo ck Grant Fund for the ADA Accessibility Improvement for Temple
City Boulevard Project.
13. On May 19 , 2015, the City Council approved the third quarter budget amendments.
The recommended revenue and appropriation adjustments , an additional $334 ,700
of which $328,200 is for General Fund Estimated Revenue, $5,000 from re-
appropriation from last fiscal year, a $34 ,500 new funding from General Fund , and
an adjustment of $6,500 for the estimated revenues and appropriations in the
Community Development Block Grant (C DBG) Fund to recog nize for housing
rehabilitation loan repayment.
14 . On June 2 , 2015 , the City Council approved $122 ,089 to be appropriated to the
Workers' Compensation /General Liability line item , creating appropriation authority
to rem it the Retrospective payment to California Joint Power Insurance Authority
(C JPIA).
City Council
September 1, 2015
Page 3 of 6
ANALYSIS:
Even though the City completed its fiscal and program year for 2014-15 , on June 30 ,
2015 , all financial activities for FY 2014-15 have yet to be recorded due to t iming of
receipts and recognition of revenues and expenses . This process of recording financial
transactions for a few months after the end of a fiscal yea r is typical , and is commonly
referred as accruing, or recording financial transactions for the appropriate fiscal year .
In order to keep the City Council updated on the status of the City's f inancial activities , on a
quarterly basis for FY 2014-15 , these preliminary reports are presented . These reports ,
however, do not include all the adjustments for accrued revenues , which will be significant.
For example , two months of sales tax and property tax receipts attributable to the months of
May and June , 2015, from the State of California and County of Los Angeles are still being
finalized . There will be other smaller adjustments as well to other revenue accounts . While
most expenses have been recognized, there may be additional minor adjustments . The
Comprehensive Annual Financial Report (CAFR) will be an all-inclusive reporting of financial
transactions for FY 2014-15 , and will be completed when Vasquez and Company's
independent audit is concluded , later in this calendar year (i.e ., December 2015).
The Fourth Quarter Financial Status Report includes the following four sub reports : 1) City
Treasurer's Report; 2) Preliminary Summary Report; 3) Expend itu re Summary Expenditure
Report; and 4) Capital Improvement Financial Status Report.
1. City Treasurers Report
The Treasurer or Chief Fiscal Officer (i .e ., Administrative Services D irector) is
required to render an annual statement of investment policy to the legislative body
of th e local agency and to co mplete a monthly report containing specific information
regarding investment and depos its to the legislative body and the Chief
Administrative Officer. Th e attached Treasurer's Report (Attachment "A "), which is
completed and submitted to the City Council on a monthly and quarterly basis ,
reflects the cash balances and investments of $24,441 ,349 .04 as of June 30 , 2015 .
This is the only report presented that will not deviate from reported cash and
investments in the final FY 2014-15 CAFR.
2 . Preliminary Revenue Summary Report
This report (Attachment "B") is a summary of revenues by fund and category for the
period of July 1, 2014 through June 30 , 2015 . The City has received and recorded
$13 .2 million (98% of estimated revenues) in the General Fund to date . This
represents an increase of $1 .14 million or 9.4%, of revenues for the same period
last fiscal year. Again as discussed above , year-end revenue accruals (actu al
receipt of revenues in July and August that are attributable to June) have not yet
been recognized due to timing . We are anticipating actual General Fund recei pts will
City Council
September 1, 2015
Page 4 of 6
be over the estimated revenues.
The City 's General Fund revenues are summarized into seven categories :
• Taxes include revenues from property tax, sales tax , real estate transfer tax
and franchise fees . Primary revenue sources in this category , property tax
is 3 .6% higher and sales tax is 12 .8% higher from the same period last year.
Currently actual receipts collected , in this category to date , are w ithin 94 %
of estimates , however after the ac cruals have been recorded , it is
anticipated the budget expectations will be met;
• Licenses and Permits include building permits , business license fees,
animal license fees , parking permits , impound fees , temporary parking
permits , code enforcement fees , in lieu parking fees and encroachment
permit fees . Actual receipts have exceeded estimates by 2 % overall ;
• Intergovernmental is primarily Motor Vehicle In Lieu . The actual collections
met budget expectations ;
• Charges for Services are from recreation fees , facility rental fees, zon ing fees,
plan check fees and public works and engineering fees . These revenues are
reflected when services , classes or events are provided . Recreat ion fees are
slightly lower ($8,400) from last year. Plan check fees came in at $52 ,000 , or
9% lower, primarily due to more plan checking for the Camellia Square and
Olson Projects in prior fiscal year. Also included in this category , is the shared
maintenance charge to LA County Public Library for the ma i ntenance
provided to the library parking lot;
• Fines and Forfeitures reflect revenues received from court fines on a monthly
basis and parking citations issued by the Los Angeles County Sheriff's
Department and the City's Parking Control Officers. Actual collections have
exceeded estimates by 2%;
• Use of Money and Property category is interest earned on City investments
from LAIF , Certificates of Deposit (CD), and bond investments. LAIF interest
is received on a quarterly basis and MorganStanley Smith Barney and other
investment interests from COs , Government Securities and Corporate
Bonds are received monthly, semi-annually or when the account matures .
Actual receipts are exceeded by 14% of estimates due a higher balance in
idle cash , available for investment; and
• Miscellaneous category reflects revenues received on a monthly basis from
reimbursement for recyclable revenue , rental income , reimbursement of
administrative charge from the Lighting/Landscape District and other
City Council
September 1, 2015
Page 5 of 6
miscellaneous sources . This category reflects 110 % revenues collected to
date, primarily due to the $197,200 windstorm grant reimbursement from
the State Department of Transportation and the $109 ,681 administrative
charge reimbursement from the County to the City.
Non-General funding sources (i.e ., Special Revenue Funds) are received from
various funds such as Traffic Safety, Gas Tax , Proposition A, Proposition C ,
Measure R, Lighting/Landscape District and CDBG . Some revenues a re rece ived
on a monthly basis while others are received when reimbursement requests are
submitted to the other governmental agencies (i .e ., or State of Californ ia or Los
Angeles County). Actual revenues received currently is 71 % of budgeted estimates
primarily due to the fact that there were not many capital improvement project were
completed in this fiscal year. Overall amount of the special revenue is $223 ,311 or
4.4% lower in comparison to last year.
3. Preliminary Expenditure Summary Report
This report (Attachment "C") is a summary of expenditures for the period of July 1,
2014 through June 30 , 2015 . Any percentage of expenditures that is less than 110%
of the adopted budget is considered immaterial when considering the entire
operating budget of $17 ,656 ,590 , as the excess is typically only a few thousand
dollars . There are no operating program expenditures that are exceeded the
adopted budget by more than 10%.
4. Capita/Improvement Financial Status Report
The fourth quarter expenditures reflect costs for 17 Citywide Capital Improvement
Projects undertaken in FY 2014-15 (Attachment "D "). Actual expenditures are 29%
as compared to 68 % from last fiscal year of budgeted appropriations prima ri ly due
to the majority of expenditures for the Rosemead Bouleva rd Project was in FY 2013-
14 . This level of expenditures is typical w ith Capital Improvement Projects as
completion of some projects is over multiple fiscal years (i.e., Redesign and
Construction of Las Tunas Drive). Also , in some cases the entire amount budgeted
was not required to complete the project (i .e ., Street Sweeping Street Signage).
Unspent funds are either re-programmed in the FY 2015-16 City Budget or returned
to the respective Fund Balances.
CONCLUSION:
As it will be a couple more months before the audited CAFR will be complete , it is
important to keep the City Council updated on the financial status of the operations and
capital improvement projects in this interim period . As a result , the City Council is
requested to receive and file the FY 2014-15 Fourth Quarter Preliminary Financial Status
City Council
September 1, 2015
Page 6 of 6
Report.
FISCAL IMPACT:
This item does not have an impact on the FY 2014-15 or the FY 2015-16 City Budgets .
ATTACHMENTS:
A. City of Temple City Treasurer's Report
B. City of Temple City Preliminary Revenue Summary Report
C . City of Temple City Preliminary Expenditure Summary Report
D. City of Temple City Preliminary Capital Improvement Financial Status Report
CITY O F TEMPLE C ITY
TREAS U RER'S REPORT
June 30 , 2015
Cash in Bank
Wells Fargo Bank-Checkin g
-Payro ll
-Merchant Card
US Bank -Checking
Camell ia Fu nd
East West Bank -Month ly Market Acc ount
Wells Fargo Bank-Check in g
Petty Cash
LA IF
Effective Quarter to Date Yield 6/30/1 5 0 .290%
MorqanStanley SmithBarney
Certificates of Deposit
W eighted Average to Date Yield 6 /3 0/15 1.181 %
Government Securities
W e ighted Average to Date Yield 6 /3 0/15 0 .969%
Co rporate F ixed In co me
W eighted Average to Date Yield 6 /30/15 1.500 %
Money Ma rket
Mutual Securities
Governm e nt Securit ies
W e ighted A verage to Dat e Yield 6/3 0/15 2 .019%
Mo ney Market
US Bank
C ertificates of Deposit
W e ighted Average to Date Yield 6/30/15 0 .916 %
Government Securities
Weight ed Average to Date Yield 6 /30/15 1.167%
Los Angeles County Pool Investment Fund
A s of 6/30 /15 0.660%
OP E S Investment
A s of 5/31/15
TOTAL
PRIOR MONTH STATUS
Total
$
$
COST VALUE
571 ,882 .27
32 ,808 .23
24 ,310 .19
6,751 .8 9
160,000.00
10,343.47
2 ,100.00
4 ,310,499 .63
2 ,123,000 .00
1,615 ,000 .00
508 ,250 .00
5,657 .19
5 ,162,420 .00
511 ,875.61
2 ,577 ,000.00
1,219,450.56
4 ,500 ,000.00
1 '1 00 ,000.00
24,441 ,349 .04
24 ,723 ,26 1.74
ATTACHMENT A
$
$
MARKET VALUE
571 ,882 .27
32 ,808 .23
24 ,310 .19
6 ,751 .89
160,000.00
10,343.47
2 ,100.00
4 ,312 ,153.69
2 ,12 9 ,298 .58
1 ,61 8 ,445 .24
507 ,245 .00
5 ,657 .19
5 ,039 ,940 .00
5 11 ,875 .61
2 ,577 ,000.00
1 ,22 6,846 .62
4 ,547 ,596 .38
1,265 ,9 55 .88
24,550,21 0 .24
24 ,836 ,182 .23
All investments are p laced in accordance w ith the City o f Temp le C ity's Investment Policy. The above summary provides sufficient cash flow
li quidtty to meet the ne xt six month's es timated ex penditures. This report is in accordance with Government Code S e cti o n 53646.
1/L
TR AC EY L . HAUSE
CIT Y TREASURER
·: . '• ..
: ..
Taxes
Licenses and Permits
Intergov ernmental
Charges for Service s
Fi nes , Forfeitures, & Pen alities
Use of Money and Property
Miscella neous
Total General Fund Revenue
T otal Special Re venue Funds
TOTAL REVENUE
CITY OF TEMPLE CITY
PRELIMINARY REVENUE SUMMARY REPORT· ALL FUNDS
QUARTER ENDING -JUNE 30, 2Q15
2013-14 2013-14 2014-15
BUDGET BUDGET BUDGET
--------------------.................................................................... --------------------
5,123 ,500 4 ,747 ,818 5,325 ,000
1,383 ,000 1,432 ,747 1,8 05 ,000
3,476,950 3,476 ,907 3 ,688 ,200
1,618 ,300 1,508 ,309 1,549 ,000
615 ,000 530 ,035 400,000
215,000 200 ,524 150,000
441 ,900 237 ,198 589 ,300
---------------------------------------·---------------------
12 ,873 ,650 12 ,133,538 13 ,506 ,500
5,247 ,730 5 ,007 ,989 6 ,780,310
---------------------------------·-----------·------------------
18 ,121 ,380 17 ,141 ,527 20 ,286,810
-----------============ =========== -----------
2014-15
YEAR TO DATE
JUL-JUN
4 ,990 ,602
1,843 ,014
3,688 ,539
1,526,653
4 08 ,629
170 ,731
650,452
13 ,278,620
4 ,784 ,678
18,063,298
============
PERCENT
RECEIVED
94 %
102%
100%
99 %
102%
114%
110%
98 %
71 %
89%
===========
)> _, _,
)>
()
I
~ m z _,
OJ
---------
CITY OF TEMPLE CITY
PRELIMINARY EXPENDITURE SUMMARY REPORT -ALL FUNDS
QUARTER ENDING -JUNE 30 , 2015
2013-14 2013-14 2014-15 2014-15 PERCENT
BUDGET YEAR TO DATE BUDGET YEAR TO DATE EXPENDED
JUL-JUN JUL-JUN
--------.. ----------------------------------------------------------------------------------------------
MANAGEM ENT SERVICES
City Council 2 13 ,575 192,258 170,610 172 ,344 101 %
City Mana ger 1,105,540 993 ,927 952 ,930 767 ,653 81 %
City Attorn e y 502 ,000 402 ,027 620,000 521 ,808 84 %
Elect ions 0 750 8 7,370 71 ,298 82 %
City Cler k 326,925 293,63 4 327,590 283,756 87 %
-·-----------------------------------------------------------·------------·------------------------------
2 ,148,040 1,882 ,596 2,158 ,500 1,816 ,859 84%
A DM INISTRATIVE S ERVIC ES D EPARTMENT
S upport Se rvices 227,0 10 220 ,74 4 188,885 184,125 97 %
Insurance /Benefits 558 ,015 430 ,966 968,190 924 ,958 96%
Accounting 552 ,350 558 ,105 511 ,800 510 ,357 100%
Purchasing 148,200 164,782 152,790 149,371 98%
--------------------------------------------------------------------------·------------------------------
1,485,575 1,374 ,597 1,821 ,665 1 ,768,811 97 %
COMMUN ITY DEV ELOPMENT DEP A RTMENT
Planning 2 ,262 ,285 841 '1 07 1,733,910 832 ,220 48 %
Buil ding 900 ,175 968 ,764 880,385 828 ,542 94%
Hous ing 405 ,500 207 ,376 323,390 226 ,548 70%
--------------------------------------------------------------------------------·----------------------
3 ,567,960 2 ,017 ,247 2,937,685 1,887 ,310 64% )> __, __,
COMMUNI TY SERVICES DE PARTM E NT )>
Recreation /H uman Services 1,227 ,485 1,161,243 1,181 ,0 20 1,049 ,405 89% 0
Public Transportation 792 ,875 638,628 759 ,555 691 ,544 91 % I
Parks-Maintenance /Facilities 894 ,345 848 ,286 9 17,100 902,186 98% ~ Trees & Parkways 576 ,575 555 ,429 715,325 563,920 79 % m -------------------------------------------------------------------------------------------------------·-
3 ,491 ,280 3 ,2 03 ,586 3 ,573,000 3,207 ,055 90% z __,
0
COMMUNITY S ERVICES DEPARTMENT
PUBLIC SAFETY DIVISION
Law Enforcement
T raffic Engineering
Animal Control
Emergency Services
Community Preservation
Parki ng Adm ini stratio n
PUBLIC WORKS DIVISION
Adm inistration & Eng ineering
Street Clean i ng
Traffic Signal Ma intenance
Traffic Sig ns & Strip Maint.
Street Maintenance
Sidewalk Ma intenance
Sol id Waste Ma nagement
Street Lighting
MAINTENAN CE DIVISION
General Government Bu ildings
Parking Facili t ies
Graffiti Abatement
CIT Y OF T EMPL E CI T Y
PRE LIMINARY EXPEND ITURE SUMMARY REPORT · ALL FUNDS
QUARTER ENDING-JUNE 30 ,2015
2013-14 2013-14 2014 -15
BUDGET YEAR TO DATE BUDGET
J UL..J UN
------------·-·-----------·----------------·--.............................................
3 ,988,660 3 ,885,063 3 ,870 ,235
15 ,880 22 ,559 67,455
199,615 198,274 191 ,490
147,565 148,439 119,895
490,770 51 4 ,964 392 ,800
4 05 ,505 402 ,185 3 86 ,345
---------------·------------------------·--------------------
5 ,247 ,995 5,171,484 5 ,028 ,2 20
277 ,810 25 4 ,432 653 ,450
126,340 125 ,897 200 ,000
15 1,800 91 ,048 136,500
221 ,620 141 ,533 113,165
120,470 88 ,452 85,750
165 ,000 85 ,589 8 ,000
58 ,690 47 ,860 21 ,990
373 ,285 321 ,2 59 395 ,120
--------------------------------------------------------------
1,495 ,015 1 '156 ,0 70 1,61 3 ,975
277 ,605 281,76 1 283 ,515
162,340 197,033 189 ,630
36,400 43 ,742 50 ,400
--------------------------------------------------------------
476 ,345 522 ,536 523 ,545
SUB TOTAL PROGRAM EXPENDITURE S 17 ,912 ,210 15,328 ,116 17 ,656,590
2014 -15 PERCENT
YEAR TO DATE EXPENDED
JUL..JUN
------------------·-----------...... -----------
3 ,825,130 99%
60,698 90%
185,32 4 97%
94 ,480 79%
350 ,502 89%
329 ,374 85 %
-------------------·----------------------
4 ,845,508 96 %
617 ,219 94%
190,002 95 %
90,049 66%
81 ,625 72%
77 ,763 91 %
3 ,629 45%
12 ,297 56 %
354 ,119 90 %
------------------------------------------
1,426,703 88%
2 83 ,738 100%
171 ,317 90 %
49 ,837 99 %
------------------------------------------
504 ,892 96 %
15,457 ,13 8 88%
CITY OF TEMPLE CITY
PRELIMINARY EXPENDITURE SUMMARY REPORT -ALL FUNDS
QUARTER ENDING ~JUNE 30, 2015 .
2013-14 2013-14 2014-15
BUDGET YEAR TO DATE BUDGET
JUL-JUN
------------------------------------·--------------------·------
SUB TOTAL PROGRAM EXPENDITURES 17 ,912 ,210 15 ,328 ,116 17 ,656,590
CAPITA L IMPROVEMENT FUND
EQUIPMENT REPLACEMENT
TRUST FUND
TOTAL EXPENDITURES
CDBG LOAN REPAYMENT
TC TREE RESTORATION PROGRAM
(Grant re i mbursement)
GRAND TOTAL
19,802 ,605
432 ,150
5 ,000
--------------------
38,151,965
----------------------
24 ,500
0
--------------------
38 ,176 ,465
----------------------
13 ,386,534 5 ,834 ,675
302 ,929 231 ,010
5 ,977 0
---------------·----·--·---------------------
29,023 ,556 23,722,275
============ ===========
24 ,454 46 ,850
12,365 0
-------·-·------·-·---------·---------·--------
29 ,060 ,3 75 23,769,125
============ ===========
2014-15
YEAR TO DATE
JUL-JUN
-·-----------·--·--------
15,457 ,138
1 ,717 ,967
171 ,697
2 ,878
----------------------
17 ,349 ,680
============
46 ,806
0
.................................................
17,396,486
============
PERCENT
EXPENDED
88%
29%
74%
73%
===========
100%
73%
===========
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P13 -01 Add itional Concrete for Perform ing Arts Area
P15-01 Retrofit Existin g Walkway Lights at Live Oak
Park with LED Fixture Heads
P15 -02 Public Arts at Live Oak Park
P15-03 Painting of Metal Poles and Ra ils at Live Oak
Park
P1 5-04 LOP and TC Parks Master Plan Development
Rec ap of Funding Sources
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 14 - J UN 15
Fund ing Source Budget
(D) General Fund 10,000
(D) General Fund 22 ,000
(D) Public Arts F und 25 ,000
(D) General Fund 20,000
(D) General Fund 35 ,000
General Fund 87,000
Public Arts Fund 25 ,000
TOTAL CIP-PARKS MAINTENANCE I FACILITIES 112,00 0
(E) = Essent ial (N) = Necessary (M) = Mandated (R) = Routine
PARKS -MAINTENANCE/FACILITIES
ACCT . NO . 60-980 -59-4810
Year To Date
Expenditure Balance
7 ,156 2 ,844
18,698 3,302
25 ,000
3 ,105 16,895
32 ,883 2 ,117
):: --
f.
:I
61 ,842 50 ,158 ~
'[!
2 -(D) = Discretionary c
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P15-05 Citywide Sewer Master Plan Update
Recap of Fund i ng Sou rces
TOTAL CIP -TRAFFIC ENGINEERING
(E) = Essential (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL14-JUN15
Funding Source Budget
(N) Sewer Reconstructio n 10,000
Sewer Re constru ction 10,000
10,000
(M) = Mandated (R) = Ro utin e
TRAFFIC ENGINEERING
ACCT. NO . 60-980-62-4810
Year To Date
Expend iture Balance
10 ,000
-10,000
(D) = Discretionary
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P14-05 Street Sweeping Signage
Reca p of Funding Sources
TOTAL CIP -PARKING ADMINISTRATION
(E) = Essential (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL14 -JUN15
Fund i ng Source Budget
(D) Gas Tax 10 ,000
Gas Tax 10,000
10,000
(M) = Mandated (R) = Routine
STREET CLEANING
ACCT. NO . 60-980-72-4810
Year To Date
Expenditure Balance
8 ,184 1,816
8 ,184 1,816
(D) = D iscret ionary
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Pro ject
P15-06 Update Traffic Signals on Temple City Blvd .
between El Cam ino Real Avenue and Ellis Lane ,
and Other Safety Improvements
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL14 -JUN15
Funding Source Budget
(N) Highway Safety 970 ,300
Improvement Program
General Fund 108,100
1,078,400
P15-07 Upgrade Traffic Signals Citywide and Install (N ) Highway Safety 282,900
Other Safety Improvements Improvement Program
General Fund 31 ,600
314 ,500
Recap of Funding Sources H ighway Safety 1,253 ,200
Improvement Program
General Fund 139 700
TOTAL CIP -TRAFFIC SIGNAL MAINTENANCE 1,392,900
(E) = Essential (N) = Necessary (M) = Mandated (R) = Routine
TRAFFIC SIGNAL MAINTENANCE
ACCT. NO. 60-980-73-4810
Year To Date
Expenditure Balance
496 1,077,904
1,670 312,830
2 ,166 1,390,734
(D)= Discretionary
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Projec t
P08-07 Upgrade Sewer Line on Longden fro m
Rosemead to Encin ita
P08-11 Rosemead Boulevard Improvement Project
P12-04 Citywide Upgrade T raffic Street Signage
P13-02 Repavi ng of Streets per Re-assessment
Pavement Management Pl a n
P13 -04 Redesign and Constru ction of Las T unas Drive
P13-12 Bicycle Master P lan Implementation -
Installation of 12.6 Miles of Class II & Ill
Bicycl e La nes
P13 -13 Installation of 45 Separate Improvements
around Nine Sc hool Sites
P14-06 Slurry Seal Program I Citywide Streeet Striping
P14 -07 Catch Basin Inserts
Recap of Funding Sources
T OTAL C IP -STREET CONS TRUCTION
(E ) = Essent ial (N) = Nec essary
CITY OF TEMPLE CITY
PRE LI MI NARY FINANCIAL STATUS REPORT
JU L 14-JUN 15
Funding Source Budget
(N) Envi ro nmental P ro te ct io n A gency 194,000
(N) CMAQ , BTA and Others 855,000
(M ) General Fund 200,000
(E) Gas Ta x 1,485,000
(N ) Prop C 175,000
(N ) General Fund 22 ,825
Bicycl e T ransportation A cct 205 ,425
228 ,250
(N) Ge ne ral Fund 26,470
Safe Routes to School 4 31 900
458 ,370
(N) Gas T ax 50,000
(E) General Fund 66 ,500
General Fund 315,795
Prop C 175,000
Gas Tax 1,535 ,000
Environmental Protecti on Agency 194,000
CMAQ , BTA and Others 855 ,000
Safe Routes To School 431 ,900
Bicycle Transportation A cc t 205,425
3,712,1 20
(M) = Mandated (R) = Routine
STREET CONSTRUCTION
AC CT. NO. 60-980-75-4 810
Year To Date
Expend iture Balan c e
81 ,555 112 ,44 5
247 ,173 607 ,827
200 ,000
505 ,806 979,194
88 ,604 86 ,396
23,001 205 ,249
457 ,07 9 1,291
50 ,000
6 6 ,500
1,403,218 2 ,308 ,902
(D) = D iscret ionary
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P14 -14 Public Parking Lot ADA Access ibility
I mprovement Project
P14-15 ADA Ac cessibility Improvem ent Temple
City Boulevard Project
P15-08 ADA Playground Improvement or ADA
Curb Ramps
Recap of Funding Sources
TOTAL CIP -SIDEWALK MAINTENANCE
(E)= Essential (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 14-JUN 15
Funding Source Budget
(M) CDBG 76 ,060
(M) CDBG 87,0 95
(M) CDBG 200 ,000
CDBG 36 3 ,155
363,155
(M) = Mand ated (R) = Routine
SIDEWALK MAINTENANCE
ACCT. NO . 60-980-76-4810
Year To Date
Expend iture Balance
11 ,879 64 ,181
119 ,322 (32 ,227)
200 ,000
131 ,201 231,954
(D) = D iscretionary
CAPI TAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P14-11 Rebuild the Roof for th e City Yard Build ings
P 15-09 Upgrade of E OC Infrastructure
Reca p of Fund i ng Sourc es
TOTAL CIP-GEN GOV'T BLDGS
(E) = Essential (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FI NANCIAL STAT US REPORT
JUL 14-JUN 15
Funding Source Budget
(D) General Fu nd 14,500
(N ) General Fund 20 ,000
General Fund 34 ,500
34,500
(M) = Mandated (R) = Routine
GENERAL GOVERNMENT BUILDINGS
ACCT. NO. 60 -980 -81-4810
Year To Date
Expenditure Balance
14,500
22,489 (2,489)
22 ,489 12,011
(D) = Discretionary
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P14 -13 Dem olition and Site Prepa rat ion for 5800
Temple C ity Blvd. Parki ng Lot
Recap of Fund i ng Sources
TOTAL CIP -GEN GOV'T BLDGS
(E) = Ess e ntial (N) = Necess ary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 14-JUN 15
Funding Sou rce Budget
(D) General Fund 20 0,000
General Fund 200 ,000
200 ,000
(M) = Mandated (R) = Routine
1
PARKING FACILITIES
ACCT. NO. 60-980-82-4810
Year To Date
Expend iture Balance
88 ,867 111 '133
88 ,867 111 ,1 33
(D) = Discretion ary