HomeMy Public PortalAbout11) Item 7F FY 2015-16 City Budget- Fourth Quarter Budget AmendmentsDATE:
TO:
FROM:
ADMINISTRATIVE SERVICES DEPARTMENT
MEMORANDUM
June 21, 2016
The Honorable City Council
Bryan Cook, City Manager
Via: Tracey L. Hause, Administrative Services Director
By: Lee Ma, Accountant
AGENDA
ITEM ?.F.
SUBJECT: FISCAL YEAR (FY) 2015-16 CITY BUDGET -FOURTH QUARTER
BUDGET AMENDMENTS
RECOMMENDATION:
The City Council is requested to authorize staff to revise various budgeted appropriations
for the FY 2015-16 City Budget as indicated in Attachment "A" to ensure revenue
estimates are accurate and actual spending levels are within budgeted appropriations
during the current fiscal year.
BACKGROUND:
1. On June 16, 2015 , the City Council approved the FY 2015-16 City Budget.
2. On September 15, 2015, the City Council approved the following budget
amendments:
Appropriations -Additional cost sharing for the Rio Hondo Channel Collaborative
Load Reduction Strategy-$9,000; and
-Traffic Calming Measures for Encinita Avenue and Arden Drive-
$37,000.
3. On November 3, 2015, the City Council approved first quarter budget amendments:
Estimated Revenues -General Fund -$20,000;
Appropriations -General Fund in various accounts-$40,300; and
-Proposition A for Bus Shelters-$90,000.
City Council
June 21 , 2016
Page 2 of 3
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-$1 0,000;
-CDBG-$27,000;
Appropriations-General Fund in various accounts-$61 ,705;
-Bicycle Master Plan Implementation -Bicycle Transp.)rtation
Grant-$351 , 735;
-Proposition A Fund -Increased bus fare cost and enrollment -
$30,000; and
-CDBG-Housing Rehabilitation Loan Repayment-$27,000.
6. On February 16, 2016, the City Council approved the mid-year adjustments, and the
FY 2015-16 City Budget was amended to $20,935,365.
7. On May 3, 2016, the City Council approved designation of $1 .95 million from
undesignated General Fund as matching funds for the County Library to expand
family and children's facilities and renovate the existing Temple City Library.
8. On May 17, 2016, the City Council approved the following third quarter budget
adjustments:
Estimated Revenues -CDBG-$11 ,285
Appropriations-General Fund in various accounts -$37,530
Capital Improvement Program-$83,645
-CDBG-Housing Rehabilitation Loan Repayment-$11 ,285.
9. On June 7, 2016, the City Council approved the appropriation in the amount of
$9,000 for the License Agreements with Temple City Immanuel Church and First
Lutheran Church of Temple City.
ANALYSIS:
Throughout the fiscal year, staff monitors revenues and expenditures and makes
recommendations for revised revenue estimates and adjustments to appropriations
quarterly. For the third quarter budget amendments, staff is recommending revenue and
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City Council
June 21 , 2016
Page 3 of 3
appropriation adjustments in Attachment "A" be made at this time to ensure actual
spending levels in individual line items are within budgeted appropriations as of June 30 ,
2016.
CITY STRATEGIC GOALS:
The City Council is requested to authorize staff to revise various budgeted appropriations
for the FY 2015-16 City Budget. This action will further the City's Strategic Goal to
promote Good Governance.
FISCAL IMPACT:
This item has an impact on the FY 2015-16 City Budget. If the City Council approves the
recommended revenue and appropriation adjustments, an additional $84,000 will be
added to the General Fund appropriations, with an offset of $15,000 in revised revenue
estimates. An adjustment of $10,000 for housing funded by Community Development
Block Grant (CDBG) Fund is necessary to recogn ize housing loans. An adjustment of
$25 ,000 for the estimated revenues and appropriations in the Community Development
Block Grant (CDBG) Fund to recognize for housing rehabilitation loan repayment. Finally
additional resources from Lighting/Landscape District Fund in the amount of $15,000 for
additional traffic signal repairs is being requested .
ATTACHMENT:
A. FY 2015-16 Fourth Quarter Revenue and Appropriation Adjustments
Revenue Oescrtpuon Account Number
Recreatton Fees 01-84D-3S·3SOS
COBG 27-83()-34-3412
loan Repayment 27-87()-38-3823
Total Revenue AdJUStments
Oepartment/Protrilm Reapproprtauons Account Number
Coty Mana11er ·Salary (Executove Assostant) 01·910-42-4107
City Mana11er ·Salary (Management Analyst) 01-910-42-4172
Coty Manaaer • Prv/Spc Contract Servoces 01-910-42-4231
Recreatoon/Human Servoces ·Part-Tome leadershop 01-940-57-4162
Rec.reatton/Human ServiCes· P1rt Ttme Recre~t1on A1de 01-940-S7-4164
Recre~t•on/Human Serv1ces • P~rt-T1me Semor leader 01·94D-57-416S
8U1Id1ng • Pnvate Contractual Serv1ces 01·930-54-4231
Total Generol Fund Approproatoon Adjustments
Housong· Rehobolot~toon Loans 01-93D-5S-4930
Housona • COBG Repayment 27-93()-55-4950
Traffic S1gnal Mamtenance ·Contract Serv•ces 47-96()-73-4216
Total Other Funds Approproatoon Adjustments
ATIACHMENTA
OTY OF TEMPlE OTY
FY 2015-16 FOURTH QUARTER BUDGET ADJUSTMENTS
Oroaonal Budget
Amount
600,000
176,900
38,285
815,185
Oroaonal Budget
Amount
67,835
57,410
265,555
232.080
89,930
SS,060
356,000
1,123,870
7S,OOO
38,285
100,000
213,285
Proposed
AdJustment
15,000
10,000
25.000
50,000
Proposed
Adjustment
(12,500)
(12,500)
25,000
42,000
(5,000)
(S.OOO)
52,000
84,000
10,000
25,000
15,000
50,000
Revosed Budget
Amount Explanatoon
615,000 Addltoonal reaostratoons/revenue for programs
186,900 Addotoonal housong loan amounts not budgeted (to be reombursed by COBG)
63,285 COBG houslna loan repayment, proncopal only
865.185
Revosed Budget
Amount Explanatoon
55,335 Salary savings due to vacancy
44,910 Salary savongs due to vacancy
290,555 AddtttOnal resources needed for temporary sbffine servtces due to
vacanctes
274,080 Addttlonal staffing requtred due to increased attendance Jn programs.
84,930 less staffln& at thos level than or&onally antocopatod
50,060 less staffinaat thos level than oraonolly antocopoted
408,000 Addtttonal resources for contracted 8utldtng lnspectton Thos Wlil be
off set by salary savings.
1,207,870
8S,OOO Addotionol housing loan amounts not budgeted (to be reombursed by COBG)
115,000 COBG housongloan repoyment, proncopal only
115,000 Increase ts needed for traffic stenal repairs.
315,000 )> _, _,
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