HomeMy Public PortalAbout14) 10A Mid-Year Budget ReviewCity Council
February 16, 2016
Page 2 of 7
Appropriations-General Fund in various accounts -$40,300; and
-Proposition A for Bus Shelters-$90 ,000 .
4. On November 17, 2015, the City Council approved the following General Fund
budget amendments:
Appropriations -Implementation of a pilot traffic circulation program at Longden
Elementary School -$8,000; and
-Increase in San Gabriel Valley Humane Society Contract -
$13,000.
5. On January 19, 2016 , the City Council approved the following second quarter budget
amendments :
Estimated Revenues-General Fund-$10,000;
-CDBG-$27,000;
Appropriations-General Fund in various accounts-$61 ,705;
ANALYSIS:
-Bicycle Master Plan Implementation -Bicycle Transportation
Grant-$351 ,735;
-Proposition A Fund -Increased bus fare cost and enrollment -
$30,000; and
-CDBG -Housing Rehabilitation Loan Repayment-$27,000.
The FY 2015-16 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 are a resu lt of changes i n revenue
projections based on actual revenue received from July 1, 2015 through December 31,
2015, as well as unanticipated expenditures due to information that was not previously
availab le. The City continues to show positive financial results. It is through the significant
diligence of staff by finding cost-cutting strategies that t he City has been able to preserve
its financial health without eliminating services. While results have been posit ive, the City
continues to monitor revenues closely and to strictly control expenditures.
1. FY 2015-16 GENERAL FUND REVENUES
An analysis has been completed for the FY 2015-16 General Fund revenues. Although
some revenues are in line with projections , there are other revenue estimates that
require adjustments. The table below summarizes the City's significant General Fund
revenue sources and provides an overview of the recommended changes based on
mid-year review by staff.
City Council
Feb ru ary 16, 2016
Page 3 of 7
The total General Fund revenue net adjustment is $646 ,000. The following are the
details of the major revenues:
FY 2015-16 Increase FY 2015-16
Revenue Source Budget (Decrease) Revised Percent Change
Projection
Property Ta x $2,900,000 $0 $2 ,900,000 0.00%
Sales Tax $1 ,775 ,540 $0 $1 ,775 ,540 0.00%
Other Ta xes $830 ,000 $25 ,000 $855 ,000 3.01 %
Licenses and Permits $1 ,423 ,000 $107 ,000 $1,530,000 7.51 %
Motor Vehicle In Lieu $3 ,517,000 $400,000 $3,9 17 ,000 11 .37%
Charges for Services $1,499,100 $0 $1,499,100 0 .00%
Court Fines $500 ,000 $0 $500,000 0 .00%
Interest on Investments $200,000 $0 $200,000 0.00%
Other Revenues $251,000 $114,000 $365 ,000 45.42%
Totals $12,895,640 $646,000 $13,541,640 5.00%
• Property Tax: Property taxes continue to be one of the City's strongest revenue
sources . Under Proposition 13 , property is generally reassessed only when there
is a change in ownership. After which, its assessed value is adjusted annually by
an inflation factor not to exceed two percent. Temple City's assessed valuations
continue to inc rease and the media n home prices have exceeded the pre-
recession levels of 2007. Due to accurate budgeting last spring , no adjustment is
recommended at this time .
• Sales Tax: Sales tax decreased $22,000 from the second quarter in FY 2015-16
over the same quarter in FY 2014-15 . However, based on the prior and current
fiscal years' actual receipts received and with the continued strong environment
of retail sales, no adjustment is recommended at this time.
• Other Taxes: Other tax revenues include franchise fees, transient occupancy tax
and real estate transfer tax . Franchise fees are fees collected from service
providers, who provide utility services to the residents , such as Athens Services ,
The Gas Company, Southern California Edison and cable television. As a result
of increased collections over prior year , an increase in estimated revenues of
$20,000 for franchise fees is recommended. 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.
Simila r to franchise fees, an adjustment to the revenue estimate of $5,000 is
recommended. Real estate tra nsfer tax is a tax that i s col lected when there is a
change in ownership of all real properties. No adjustment is recommended at this
City Council
February 16, 2016
Page 4 of 7
time.
• License & Perm its: License & permits include bui ldi ng permits, business license
fees, anima l license fees , parking permit fees , impound fees, temporary parking
permits, code en f orcement fees and temporary parking permit fees. Based on the
first six months of revenues received in FY 2015-16 , staff recommends the
following adjustments: a $20 ,000 decrease in business licenses ; a $175,000
increase in building permit fees as the result of increasing building activity and
permits; and a decrease in animal licenses of $48 ,000 due to pet owners being in
compliance with mandatory spay/neuter and microchip requirements. Further the
City currently does not canvass for unlicensed pets. The net adjustment for this
category is an increase of $112,000 with a new projected revenue estimate of
$1,535,000.
• Motor Vehicle in-lieu fee (VLF): VLF was established in 1935 as a uniform
statewide tax, the VLF is a tax on the ownership of a registered vehicle in place
of taxing vehicles as personal property . By law, all revenues from the VLF fund
city and county services, but the state legislature controls the tax rate and the
allocation among local governments. In 2004 , the Legislature permanently
reduced the VLF tax rate and eliminated state genera l fund backfill to cities and
counties. Instead, cities and counties now receive additional transfers of property
tax revenues in lieu of VLF. The budgeted In Lieu VLF for FY 2015-16 is
$3,517 ,000 . Based on the first allocation the City received in January 2016, a
budget increase of $400,000 is recommended.
• Charges for Services: Charges for services are revenues received from
recreation fees, facility rental fees, zoning fees and plan check fees. These
revenues are reflected when services , classes or events are provided. Based on
the current revenues , there are no adjustments recommended at this time.
• Court Fines: Court Fines are revenues collected from citations written from both
the Los Angeles County Sheriff's Department and authorized City staff. Based on
current activity there are no adjustments 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 Local Agency Investment Fund (LAIF);
Certificates of Deposit (CD); the Los Angeles County Investment Pool (LACIP)
and other various Federal notes and agencies. Based on current activity there are
no adjustments recommended at this time.
• Other Revenues: Other revenues include recyclable revenue, rental income , sale
of City property, donations and reimbursements. A $1 00,000 increase to Other
Reimbursements and a $14,000 increase in the Sundry account is recommended
based on actual collections for the first six months of FY 2015-16. The net
adjustment is $114,000, bringing th is category to a new projection of $355,000.
City Council
Feb ruary 16, 2016
Page 5 of 7
2. FY 2015-16 GENERAL FUND AND OTHER EXPENDITURES
The adopted FY 2015-16 City Budget totaled $20 .0 million in Operating
Expenditures , Vehicle/Equipment Outlay and Capital Improvement Projects. The
table below summarizes staff's recommendations for mid-year adjustments :
FY 2015-16 Increase FY 2015-16
Department/F und Budget (Decrease) Revised Percent Change
Expenditures Projection
City Attorney-Special $180,000 $90,000 $270,000 50.00% Counsel -General Fund
Parks -Maintenance
and Facilities-$11,000 $6,000 $17,000 54.55% Mechanical Ma intenance
-General Fund
Vetera ns Monument -$0 $130,000 $130,000 N/A Park Acquisition Fund
The total mid-year adjustment recommends a net increase of $226,000
(Attachment "B"). Details of the adjustments include a request for $90,000 for a
one-time expenditure for the City Attorney due to additional legal fees during this
fiscal year and an additional $6,000 ($5,000 was budgeted in the FY 2015-16
City Budget) for replacement of two heat exchangers in the HVAC units at the
Live Oak Park Community Center. A Veterans Monument is also being
proposed. Please see Director Burrough's report (Attachment "C") for more
information on this project.
The Building Permit software is currently under evaluation and alternatives are
being considered by staff. Staff will return with a final recommendation and any
necessary appropriation adjustments at a later date.
3. EQUIPMENTNEHICLE REPLACEMENT
The City adopted a budget for Equipment/ Vehicle Replacement of $143 ,900 of
which $126,500 is funded by the General Fund. No adjustment is recommended
at this time.
4. GENERAL FUND CAPITAL IMPROVEMENT PROJECTS (CIP)
With the adoption of FY 2015-16 City Budget, the City Council approved $2.9
million in CIP expenditures, of which 16 .7% of the total expenditures of $490,700
were funded by the General Fund. No adjustment is recommended at this time.
City Council
February 16, 2016
Page 6 of 7
5 . FUND BALANCE ANALYSIS (GENERAL FUND)
Attachment "D" provides an analysis of the General Fund Balance . Estimated
General Fund Balances at June 30, 2016, are provided :
• At July 1, 2015, when the FY 2015-16 City Budget was effective;
• At January 31 , 2016, which includes actual Fund Balance at July 1, 2015,
was available due to completion of the audited Comprehensive Annual
Financial Report (CAFR) and budget adjustments for the first seven months
of operations; and
• Estimated General Fund Balance at June 30, 2016 , is presented assum ing
the recommended adjustments in this report are approved and implemented.
The analysis further articulates the resources that are available in accordance
with the City's adopted Budget Reserve Policy. It is anticipated the City will be
moving into the FY 2016-17 City Budget process with an unassigned Fund
Balance of almost $3.2 million. Committed and Assigned Reserves for restricted
purposes remain intact.
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 information regarding investment and deposits
to the legislative body and the Chief Administrative Officer. The attached
Treasurer's Report (Attachment "E"), which is completed monthly and submitted
to the City Council on a monthly and quarterly basis, reflects the balance as of
December 31, 2015.
7. REVENUE SUMMARY REPORT
This report (Attachment "F") is a summary of actual revenues for the period of
July 1, 2015 to December 31, 2015. 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 month period, thus providing 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 period of July 1, 2015 to
City Council
February 16, 2016
Page 7 of 7
December 31, 2015 (Attachment "G"). By the end of the second quarter the
percent 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 invo icing the City.
9. CAPITAL IMPROVEMENT FINANCIAL STATUS REPORT
The second quarter expenditures (Attachment "H") reflect costs for seven
projects: Live Oak Pak and Temple City Park Master Plan Development; Live
Oak Park Walking and Jogging Path; Update Traffic Signa l on Temple City
Boulevard between El Camino Real and Ellis Lane; Citywide Upgrade Traffic
Street Signage; Repaving of Streets per Reassessment Pavement Management
Index; Redesign and Construction of Las Tunas Drive; and Demolition and Site
Preparation for 5800 Temple City Boulevard Parking Lot Project.
CITY STRATEGIC GOALS:
The City Council is requested to receive the Mid-Year Budget Report and Financial Status
Reports at the close of the second quarter of FY 2015-16 and authorize Mid -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 2015-16 Mid-Year Budget
adjustments , the FY 2015 -16 City Budget will be $20,935,365 .
ATTACHMENTS:
A. FY 2015-16 Mid-Year General Fund Revenue Adjustments
B. FY 2015-16 Mid -Year General Fund Appropriation Adjustments
C. Staff Report from Director Burroughs Regarding Veteran's Memorial
D. FY 2015-16 Fund Balance Analysis
E. City Treasurer's Report
F. Revenue Summary Report
G. Expenditure Summary Report
H . Capital Project Financial Status Report
Revenue Description
General Fund
Franchise Fees
Transient Occupancy Ta x
Business License Fees
Building Permit Fees
Animal License Fees
In Lieu VLF
Other Reimburseme nt
Sundry
CITY OF TEMPLE CITY
FY 2015-16 MID YEAR REVENUE ADJUSTMENTS
Proposed
Account Number Original Amendments Revised Budget
01-810-32-3207 580,000 20,000 600,000
01-8 10-32-3209 50,000 5,000 55,000
01-820-33-3301 220,000 (20,000) 200,000
01-820-33-3303 625 ,000 175,000 800,000
01-820-33 -3307 93 ,000 (48,000) 45,000
01-830-34-3430 3,517,000 400,000 3,917,000
01-870-38-3815 100,000 100,000 200,000
01-870-38-3817 1,000 14,000 15,000
Total Revenue 5,186,000 646,000 5,832,000
Explanation
Proposed fee adjustment
Proposed fee adjustment
Proposed fee adjustment
Proposed fee adjustment
Proposed fee adjust ment
Proposed fee adjustment
Proposed fee ad justment
Proposed fee adjustment
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Department/Progam
City Attorney
Special Counsel
Parks-Maintenance/Facilities
Mechanical Maintenance
Capital Improvement Program
Improvement
CITY OF TEMPLE CITY
FY 2015-16 MID YEAR APPROPRIATION ADJUSTMENTS
Account Number Original Budget
01-910-43-4243 180,000
01-940-59-4259 11,000
60-980-59-4810 0
Total Operating 191,000
Proposed
Adjustments
90,000
6,000
130,000
226,000
Revised Budget Explanation
270,000 Additional legal fees
17,000 Replace two heat exchangers in
HVAC units
130,000 Proposed Veterans Monument
funding by Park Acquisition
417,000
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Veteran's Monument
Page 2 of 3
6 . On November 11, 2015, the City sponsored a very successful Veteran's Day
Celebration in Temple City Park.
7. On January 27, 2016, staff received a rendering and cost estimate for a Veteran 's
Monument i n Temple City Park from RHA La ndscape-Arch itect Planners Inc .
ANALYSIS :
Since February 2015, Councilmember Sternquist has discussed the possibi lity of
building a Veteran 's Monument in Temple City Park with City staff. These preliminary
discussions focused on the type of monument desired and expected costs. The
concept of a Veteran 's Monument was initially presented to the City Coun cil during
discussion on the Live Oak Park and Temple City Park Master Plan review at the City
Council's regular meeting on August 4, 2015 . At that time, the City Council was
supportive of the concept, but requested additiona l information from staff.
Staff had requested informal quotes from two landscape architectural firms, RHA
Landscape Architects-Planners, Inc. and Comm unity Works Design Group. Bot h firms
ind icated a simple monument cou ld be designed and constructed at a cost of $120 ,000
-$150 ,000 . After refining an in itial design concept, sta ff inquired if a monument could
be constructed for under $100,000. The architects indicated it was a possibility, but
could be difficult. Staff also researched other cities that had recently installed similar
veteran's monuments. Costs for those monuments ranged from $150,000-$250,000.
Doug Grove , from RHA Landscape Architects-Planners, Inc., provided a rende ri ng of a
Veteran's Monument , based on a design concept from staff and Councilmemb ers
Ste rnquist and Fish , as well as a cost estimate. Attached to th is memo is the de5 ign
concept and a Rough Estimate of Probable Cost. Construct ion costs, in cluding
demolition and site const ruct ion is approx imately $103,500. Design fees, construction
documents, and construction administration is approximate ly $16,500. Total estima t ed
cost for design and construction is $120,000 . W ith a 5% contingency, the estimated
cost for a Veteran 's Monument is $126,000. The design wou ld need to be refined
slightly to be cons istent with the Temple City Park Master Plan.
Staff is recommending the City Council consider funding the design and construction of
a Veteran's Monument in Temple City Park and allocate $130,000 in Park Acquisition
funds for this purpose. If approved in February, it is possible the monument could be
completed for the 2016 Veteran's Day event. The City could solicit donations and/or
grant funds to offset some or all of the costs for the monument. If the City decides to
apply for grant funds, it is un lik ely that the project wou ld be completed in time for the
2016 Veteran's Day event.
Veteran's Monument
Page 3 of 3
CITY STRATEGIC GOALS:
Approval of funding for a Veteran's Monument in Temple City Park would further the
City's Strategic Goal of Quality of Life.
FISCAL IMPACT:
Funds have not been included in the Fiscal Year (FY) 2015-16 Capital Improvement
Program (CIP) budget for this purpose. A budget amendment, in the amount of
$130,000 is required.
ATTACHMENTS:
A. Temple City Park Veteran's Monument Rendering
B. Temple City Veteran's Memorial Rough Estimate of Probably Construction Cost-
RHA Landscape Architects-Planners, Inc.
TEMPLE CITY PARK VETERANS MONUMENT
Preliminary Design Rendering
ATTACHMENT D
CITY OF TEMPLE CITY
FY 2015-16 GENERAL FUND BALANCE ANALYSIS
FY 2015-16 Budget Amendments (Jul-Jan) and FY 2015-16
Adopted Budget Actual Fund Balance (6-30-15) Mid-Year Budget Review
Estimated Fund Balance July 1, 2015
Designated $
Nonspendable $ 409,084 $ 409,084
Committed $ 3,500,000 $ 3,500,000 $ 3,500,000
Assigned $ 12,868,392 $ 12,868,392 $ 12,868,392
Unassigned $ 714,824 $ 3,187,756 $ 3,187,756
Total Fund Balance Before Reserves $ 17,083,216 $ 19,965,232 $ 19,965,232
Reserved (Internal Purposes)
City Loan (Calabee's) $ 253,289 $ $
City Loan (Chamber) $ 4,100 $ 4,600 $ 4,600
City Loans (Homeowners) $ 56,775 $ 56,775 $ 56,775
CRA Loans $ $ $
Total Fund Balance July 1, 2015 $ 17,397,380 $ 20,026,607 $ 20,026,607
Revenues $ 12,865,640 $ 12,895,640 $ 13,541,640
Transfers In $ 500 5 500 $ 500
Estimated Expenditures $ (12,793,370) $ (12,891 ,670) $ (12,987,670)
Operating Surplus/Deficit $ 72,770 $ 4,470 $ 554,470
Estimated EquipNehicle Replacement $ (126,500) $ (126,500) $ (126,500)
CIPrrransfers Out $ (490,700) $ (490,700) $ (490,700)
Use of Reserves for Specific Projects $ (1 ,379,050) $ (1,379,050) $ (1 ,379,050)
SurplusfDeficit $ (1 ,923,480) $ (1 ,991 ,780) $ (1 ,441 ,780)
Estimated Fund Balance June 30, 2016 $ 15,473,900 $ 18,034,827 $ 18,584,827
* Estimated Fund Balance Designations at June 30, 2016, in accordance with the General Fund Budget Reseve Policy
Nonspendable
Committed
Emergency/Disasters
Liquidity
Local Economic Uncertainty
Assigned
Fleet Management
Facilities Management
Technology Replacement
Economic Development
Opportunitues for One-Time Expenditures
Unassigned
Internal Reserves {City Loans)
$ 50,000
$ 2,000,000
$ 1,450,000
$ 400,000
$ 3,630,000
$ 57,028
$ 2,821,538
$ 4,490,776
$
$
$
$
$
$
409,084
3,500,000
11,399,342
3,215,026
61,375
18,584,827
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MANAGEME NT SERVICES
City Council
City Manager
City Attorney
Elections
City Clerk
ADMIN ISTRATIVE SERVICES DEPARTMENT
Support Services
Insurance/Benefits
Accounting
Purchasing
COMMUN ITY DEVELOPMENT DEPARTMENT
Plann ing
Bu ilding
Housi ng
PARKS & RECREATION DEPARTMENT
Recreati on/Human Services
Publ ic Transportation
Parks-Maintenance/Faci l ities
Trees & Parkways
2014-15
BUDGET
....................................................
170,6 10
921 ,995
352,000
82 ,870
325 ,705
-------------------
1 ,8 53 ,180
148,375
834,220
503 ,810
130,790
-------------------
1,617,195
1,659,050
735,460
322,790
---------------------
2 ,717,300
1,1 77 ,585
738,945
903,520
710,880
3 ,530,930
2014-15
YEAR TO DATE
JUL-DEC
-------·----------------
75,453
344,659
273,596
1 ,256
125,103
-------·--------·----
820 ,067
108,842
559,283
270,125
52,859
------·----------
991 ,109
333,815
458,424
75,004
------------------·---
867,243
502,668
315 ,986
412,113
242 ,339
1,473,106
2015-16
BUDGET
-------·----------
174,545
811 ,910
402,000
0
304 ,610
----------------
1,693,065
132 ,810
952,665
543 ,510
271 ,900
---------------
1,900,885
1,886,915
767,860
195,990
-------------------
2 ,850,765
1,156,260
821 ,885
983,435
675,410
3 ,636,990
2015-16
YEAR TO DATE
JUL-DEC
............................................... _
77 ,835
420,578
188,866
0
128,054
--·----------------
815 ,333
69,941
577 ,736
272,570
83 ,650
-----------------
1,003,897
379,581
353,623
60 ,3 29
----------------------·--
793,533
588,501
315,537
460,574
243 ,1 83
1,607,795
PERCENT
EXPENDED
45%
52 %
47%
0%
42%
48%
53%
61%
50%
31%
--------------
53 %
20%
46%
31 %
----------------------
28%
51%
47%
36%
36%
44%
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G)
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P15-02 Public Arts at Live Oak Park
P15-04 LOP and TC Parks Master Plan Development
P16-01 Live Oak Park Walking and Jogging Path
Recap of Funding Sources
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL iS-DEC i5
Funding Source Budget
(D) Public Arts Fund 25,000
(D) General Fund
(D) DEFG 240,000
Park Acquisition 80,000
320,000
Park Acquisition 80,000
Public Arts Fund 25,000
5th District 2015 Excess
Funds Grant L40,000
TOTAL CIP-PARKS MAINTENANCE I FACILITIES 345,000
(E) = Essential (N) = Necessary (M) = Mandated (R) = Routine
PARKS-MAINTENANCE/FACILITIES
ACCT. NO. 60-980-59-4810
Year To Date
Expenditure Balance
25,000
1,050 (1 ,050)
2,005 317,995
):; --
):;
c:
:I
3,055 341,945 s:
rT
-(D) = Discretionary
'I
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No" Project
P14-05 Street Sweeping Signage
Recap of runding Sources
TOTAL CIP-PARKING ADMINISTRATION
(E) = Essential (N) = Necessary
--·----···----···---
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
-" -" JUL 15-DEC i'<
Funding Source Budget
(D) Gas Tax 12,180
Gas Tax 12,180
12,180
(M) = Mandated (R) = Routine
STREET CLEANING
ACCT" NO. 60-980-72-4810
Year To Date
Expenditure Balance
12,180
-12,180
(D) = Discretionary
---------
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P15-06 Update Traffic Signals on Temple City Blvd.
between El Camino Real Avenue and Ellis Lane,
and Other Safety Improvements
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 15-DEC 15
Funding Source Budget
(N) Highway Safety 970,300
Improvement Program
General Fund 98,100
1 ,068,400
P15-07 Upgrade Traffic Signals Citywide and Install (N) Highway Safety 282,900
Other Safety Improvements Improvement Program
General Fund 21,600
304,500
Recap of Funding Sources General Fund 119,700
Highway Safety 1,253,200
Improvement Program
TOTAL CIP-TRAFFIC SIGNAL MAINTENANCE 1,372,900
(E) = Essential (N) = Necessary (M) = Mandated (R) = Routine
TRAFFIC SIGNAL MAINTENANCE
ACCT. NO. 60-980-73-4810
Year To Date
Expenditure Balance
960 1,067,440
304,500
960 1,371,940
(D) = Discretionary
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P12-04 Citywide Upgrade Traffic Street Signage
P13-02 Repaving of Streets per Re-assessment
Pavement Management Plan
P13-04 Redesign and Construction of Las Tunas Drive
P13-12 Bicycle Master Plan Implementation -
Installation of 12.6 Miles of Class II & Ill
Bicycle Lanes
P14-07 Catch Basin Inserts
Recap of Funding Sources
TOTAL CIP-STREET CONSTRUCTION
(E) = Essential (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 15-DEC 15
Funding Source Budget
(M) General Fund 200,000
(E) Gas Tax 614,000
(N) PropC 84,000
(N) Bicycle Transportation Acct 128,250
(E) General Fund 66,500
General Fund 266,500
PropC 84,000
Gas Tax 614,000
Bicycle Transportation Acct 128,250
1,092,750
(M) = Mandated (R) = Routine
STREET CONSTRUCTION
ACCT. NO. 60-980-75-4810
Year To Date
Expenditure Balance
5,259 194,741
79,365 534,635
42,007 41,993
128,250
66,500
126,631 966,119
(D) = Discretionary
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P14-11 Rebuild the Roof for the City Yard Buildings
Recap of Fundiug Sources
TOTAL CIP-GEN GOV'T BLDGS
(E) = Essential (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 15-DEC 15
Funding Source Budget
(D) General Fund 14,500
General Fund 14,500
14,500
(M) = Mandated (R) = Routine
--
GENERAL GOVERNMENT BUILDINGS
ACCT. NO. 60-980-81-4810
Year To Date
Expenditure Balance
14,500
-14,500
(D) = Discretionary
···--·--
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P14-13 Demolition and Site Preparation for 5800
Temple City Blvd. Parking Lot
Recap of Funding Sources
TOTAL CIP-GEN GOV'T BLDGS
(E) = Essential (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 15-DEC 15
Funding Source Budget
(D) General Fund 90,000
General Fund 90,000
90,000
(M) = Mandated (R) = Routine
PARKING FACILITIES
ACCT. NO. 60-980-82-4810
Year To Date
Expenditure Balance
1,142 88,858
1,142 88,858
(D) = Discretionary