HomeMy Public PortalAbout10) 10A FY 2016-17 Mid-Year Budget ReviewAGENDA
ITEM 10 .A.
DATE:
TO:
FROM:
ADMINISTRATIVE SERVICES DEPARTMENT
MEMORANDUM
February 21 , 2017
The Honorable City Council
Bryan Cook , City Manager
Via : Tracey L. Hause , Administrative Services Director
By: Lee Ma , Accountant
SUBJECT: FISCAL YEAR (FY) 2016-17 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 2016 -17 Mid -Year Budget Rev iew and related reports ; and
2 . Authorize staff to revise various budgeted appropriations as indicated in
Attachment
"A".
BACKGROUND:
1. On June 21 ,2016 , the City Council approved the FY 2016 -17 City Budget.
2 . On July 5, 2016 , the City Council re-appropr iated the remaining $30 ,000 from FY
2015-16 to FY 2016-17 for the workstation remodel in the Community
Development Department.
3 . On August 16 , 2016 , the City Council approved an additional $77 ,500 for the
Temple City Veterans Memorial Project funded by the Park Acquisition Fund .
4 . On November 15 , 2016 , the City Council approved the first quarter budget
amendments in the amounts of $32 ,200 in appropriations and $168 ,700 in re-
appropriations from the General Fund ; $14 ,000 in appropriations from the Gas
Tax; and $1 ,810 from the Lighting/Landscape District Fund .
5. On January 17, 2017 , the City Council approved second quarter budget
City Cou ncil
February 21, 2017
Page 2 of 7
amendments of $95,000 and re-approp riat ions between programs of $45,500 from
the General Fund un appropriated Fund Balance , $162 ,350 re-appropriations from
FY 20 15-16 to FY 20 16-17 for th e Live Oak Pa rk Walking and Jogg in g Path
Project ($1 00,000 from 51h Distri ct Excess Fund Grant, $41,850 from Park
Acquisition Fund , and $20 ,500 from General Fund); and $25,000 for the estimated
rev e nu e and appropriation in the Community Development Block Grant (C DB G)
Fun d for housing re hab i litatio n loan re pa y me nt will be recorded .
ANALYSIS:
The FY 2016-17 Mid-Year Budget review process prov ides the City Counc il with an
opportunity to review and adj ust orig ina l revenue project ions and budgeted
appropriations based on six months of actual activity . Adjustments can result as
cha ng es in reven ue projections based on actu al revenue received from July 1, 2016
through Decem ber 31, 2016 , as we ll as unanticipated expenditures due to inform ation
that was not previously available. The City con tinu es to s how positive financial results.
It is through the significant diligence of staff by find ing cos t-cutting strateg ies that the
City has bee n able to preserve its financi a l health without e l iminat ing services . While
res ults have been positive , th e City co ntinues to mon itor revenues close ly and to strictly
co ntrol expend itures .
1. FY 2016-17 GENERAL FUND REVENUES
After a careful and th orough review of the FY 2016-17 General Fund revenues , staff
is not maki ng a ny recomme ndation s for revisions at this time , as after a number of
years , budget estimates are show ing more cons istent forecasting and estimated
revenu es (i.e., Motor Vehicle in -lieu fee) are catc hing up to actual revenue realized
in prior years. Howeve r, a quick review of the City's major revenues sources is
provided :
• Property Tax: Pro pe rty taxes continue to be one of th e City's strongest reven ue
sources. Und e r Proposition 13 , property is generally reassessed on ly when
there is a change in owne rs hip . After which , its assessed va lu e is adjusted
a nnu a lly by an infl ation factor not to exceed two percent. Temple City's
assessed valuati ons continue to inc rease and t he median home prices have
exceeded the pre-recession leve ls of 2007 . Du e to accurate budgeting last
spri ng , no adjustment is recommended at this time .
• Sales Tax: Sales tax in c reased $186 ,000 from th e second quarter in FY 20 16-
17 over the same quarter in FY 2015-16. However, based on the prior and
c urrent f isca l years' actua l rece ipts received a nd w ith the continued strong
environme nt of re ta il sales , no ad justment is recomm ended at this time .
• Other Taxes : Oth e r tax revenu es i~clude franchis e fees , trans ie nt occupancy
tax a nd rea l es tate tr ans fer tax . Franchise fe es are fees co ll ected from service
City Council
February 21 ,2017
Pag e 3 of 7
providers , who provide utility se rvi ces to the residen ts, such as Athens Services ,
The Gas Company, Southe rn Califo rni a Edison and cable television. A 10 %
transient occ up ancy tax is co ll ecte d from each gu est that re nts a room from any
hote l located w ith in the City . The ta x is remitted directly to the City by the hotel
owners on a monthly basis . Rea l estate tra nsfer tax is a tax that is collected
when there is a c han ge in ownership of all rea l propert ies. No adjustments are
recomme nde d at th is time .
• License & Permits : Li ce nse & permits include building permits , business
license fees , animal license fees , pa rkin g pe rmi t fees , impo und fees , temporary
park ing permits , code e nforce ment fees and temp orary parki ng pe rm it fees .
Ba sed on the first six month s of revenues received in FY 2016-17 , staff is not
recommen ding any adjustments .
• Motor Vehicle in -lieu fee (VLF): VLF was established in 1935 as a uniform
statewide tax, th e VLF is a tax on the owners hip of a registered vehicle in place
of taxing ve hicl es as personal property. By law, all revenues from the VLF fund
ci ty and co unty services , but the state legislature controls the tax rate and the
allocation among local gove rnm e nts . In 20 04 , the Legislature permanently
re du ce d th e VLF t ax rate and e limin ated sta te gene ral fund backfill to cities and
co unties . In st ead , c iti es and cou nti es now receive additio na l trans fers of
property tax rev en ues in lieu of VLF . This has been the most significant
adjustments in prior years .
• Charges for Services : Charges for services are revenues received from
recreation fees , facility re ntal fees , zoning fees and plan check fees . These
revenues are refl ected when serv ices , classes or events are provided . Based on
the current rev e nu es, th e re a re no adjustments recommended at this time. Staff
may come to City Co un c il , at a late r time to suggest fee adjustments to
recreatio n fees as a result of possible increases in the cost of facilities for
programs.
• Court Fines : Court fines are revenues co l lected from citations written from both
the Lo s Ange les County Sheriff's Department and authorized City staff. Based
on cu rrent act ivity there are no adjustments recommended.
• Interest on Investments : The City receives interest on various investments on
a monthly , quarterly , semian nually , or annua l ba sis depending on the type of
investment. Currently the City invests with Lo cal Agency Investment Fund
(LAIF); Ce rt ificat es of Deposit (CD); th e Los Angeles County Investment Pool
(LACIP ) and other various Federal notes a nd agencies . Based on curren t
activity there are no adjustments recomm ended.
• Other Revenues : Other revenues includ e recyclable revenue , rental i ncome,
sa les of City prop erty , donations and reimbursements . Based on actual
co ll ecti o ns for th e first s ix months of FY 2016 -17 , no adjustme nts recomme nd ed
City Coun cil
February 21 , 2017
Page 4 of 7
at this time.
2. FY 2016-17 GENERAL FUND AND OTHER EXPENDITURES
Th e adopted FY 2016-17 City Budget totaled $23 .3 m ill ion in Operating
Expenditures, Vehicle/Equ ipment Outlay and Capita l Improvement Projects. The
table below summarizes staff's recommendations for mid -year adjustments :
FY I ncrease FY 2016-17
Department/Fund 2016-(Decrease) Revised Pe rcent
17 Change
Budget Expenditures Projection
Recreation/Human
Services -TCUSD-
General Fund $30,000 $8 ,030 $38 ,030 27%
Parks Ma int/Facilities -
MainURepair-96 Pa rk
Bond $30,000 $15 ,000 $45 ,000 50%
CIP-Co urt
Resurfacing -Park
Acquisition Fund $0 $20,000 $20,000 -
C IP -Rebu ild Ci ty Yard
Roof -G enera l Fund
$14,500 $30 ,500 $4 5 ,000 2 10 %
Total $74,500 $73 ,530 $148,030 99%
An additional budget amendment in the amount of $8 ,030 is needed to pay for the
remaining cost of Temple City U nified School Dist ri ct facilities for spring recreation
programs . The City is currently reviewing the costs of facilities for recreation
programs .
Live Oak Park Community Center Roof Repa ir -The roof is almost 20 years old and
has no repair or maintenance i n the past. Portions of the roof are leaking and now in
need of repair. Areas of the leak are kitch e n; Acorn Rooms ; and administrat iv e
offices . A budget amendment in the amount of $15,0 00 is requested to adequately
repair the roof. Staff will request reimbu rsement through the 1996 Los Ange les
County Park Bond , Maintenance and Servicing Funds .
Court Resurfacing Proje ct-This project consists of resurfacing the two (2) half-court
basketbal l courts ; on e (1) fu ll-court basketball cou rt ; and three (3) tennis courts at
Live Oak Pa rk. The surfacing material has worn away which may lead to slipping on
the courts . A budget amendment in the amount of $20 ,000 from the Pa rk Acquisition
Funds is requ ested for this project.
City Council
February 21, 2017
Page 5 of 7
Rebuild City Yard Roof-Additional of $30 ,500 is needed to adequately rebuild and
complete this project funded by General Fund .
3. EQUIPMENT/VEHICLE REPLACEMENT
The City adopted a budget for Equipment/ Vehicle Replacement of $90 ,200 of
which $77 ,000 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 2016-17 City Budget, the City Council approved $5 .3 million
in CIP expenditures , of which 20 .8 % of the total expend itures or $1 .1 million were
funded by the General Fund . No adjustment is recommended at this time.
5. FUND BALANCE ANALYSIS (GENERAL FUND)
Attachment "B" provides an analysis of the General Fund Balance . Estimated
General Fund Balances at June 30, 2017 , are provided :
• At July 1, 2016 , when the FY 2016-17 City Budget was adopted ;
• At January 31 , 2017 , which includes actual Fund Balance at July 1, 2016 ,
is now available due to completion of the audited Comprehensive Annual
Financial Report (CAFR) and budget adjustments for the f irst seven
months of operations ; and
• Estimated General Fund Balance at June 30 , 2017 , is presented assuming
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 2017-18 City Budget process with an unassigned Fund Balance of almost $2 .9
million . Committed and Assigned Reserves for restr icted purposes remain intact.
6. CITY TREASURER'S REPORT
The Treasurer or Chief Fiscal Officer is requ i red 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 depos its to the
legislative body and the Chief Administrative Officer. The attached Treasurer's
Report (Attachment "C"), which is completed monthly and submitted to the City
Counci l on a monthly and quarterly basis , reflects the balance as of December 3 1,
2016 .
City Council
February 21, 2017
Page 6 of 7
7. REVENUE SUMMARY REPORT
This report (Attachment "0 ") is a summary of actual revenues for the period of July
1, 2016 to December 31 , 2016 . By the end of the second quarter the percent of
revenue received is generally 50%, except for those types of revenues that are
received annua lly such as business l icenses , 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 rece ipts collected to date. Detailed discussions about revenue col lections
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, 2016 to
December 31 , 2016 (Attachment "E"). 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 invoicing the City .
9. CAPITAL IMPROVEMENT FINANCIAL STATUS REPORT
Th e second quarter expenditures (Attachment "F") reflect costs for nine projects : Live
Oak Pak Walking and Jogging Path (additional $162,350 re -appropriations from FY
2015 -16 was requested and approved for this project on January 17 , 2017);
V etera n's Monument; Renovation of Las Tunas Drive Lighting ; Update Traffic Signals
on Temple City Boulevard and other safety improvements ; Update Traffic Signals
Citywide and insta llation of other safety improvements; Repaving of Street per Re-
assessment Pavement Management Plan ; Las Tunas Drive Study; City Hall Space
Plann ing Project; and Temple City Boulevard Parking Lot Project.
CITY STRATEGIC GOALS:
Receiving the Mid-Year Budget Report and Financial Status Reports at the c lose of the
second quarter of FY 2016-17 and authorizing 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 2016-17 Mid-Year Budget
adjustments in the amount of $73 ,530, the FY 2016-17 City Budget will be $23 ,754 ,880 .
City Council
February 21 , 2017
Page 7 of 7
ATTACHMENTS:
A. FY 2016-17 Mid-Year Gene ral Fund Appropriation Adjustments
B. FY 2016-17 Fund Balance Analysis
C. City Treasurer's Report
D. Revenue Summary Report
E. Expenditure Summary Report
F. Capital Project Financial Status Report
Department/Progam
Recreation/Human Services
Temple City Unified School
Di strict
Parks Maintenance/Facilities
Maintenance & Repair
Capital Improvement Program
Improvement
Imp rovement
CITY OF TEMPlE CITY
FY 2016-17 MID YEAR APPROPRIATION ADJUSTMENTS
Account Number
01-940 -57 -4617
R17 -01
01 -940-59 -4510
60-980-59 -4810
P17 -06
60 -980-81 -4810
P14 -ll
Total Operating
Proposed
Original Budget Adjustments Revised Budget Expla n ation
30,000 8,030 38,03 0 Addition al amou nt needed to pay
for f acility rental
30,000 15,000
0 20,000
14,500 30,500
74,500 73,530
45,000 Repair Live Oak Park Community
Ce nter Roof
20,000 Resurfacing six courts at Live Oak
Park
45,000 Additional amount needed to
rebuild City Yard Roof
148,030
)>
--1
~
()
I
~ m z
--1
)>
ATTAC HMENT 8
CITY OF TE MPLE CITY
FY 2016-17 GENERAL FUND BALANCE ANALYS IS
FY 2016-17 Budget Amendments (Jul -Jan) and FY 2016-17
Adopted Budget Actual Fund Balance (6-30-16) Mid -Year Budget Review
Estimated Fund Balance July 1, 2016
Des1gnated s
Nonspendable $ -$ 463,539 $ 463.539
Comm itted $ 3 ,500,000 $ 3,500,000 $ 3 ,500,000
Assigned $ 12,302,864 $ 12,302,864 $ 12,302,864
Unassig ned $ 4 ,573,003 $ 3,538,853 $ 3 ,538,853
Total Fund Balance Before Re serves $ 20,375,867 $ 19,805,256 $ 19 ,805.256
Reserved (Internal Purposes)
City Loan (Calabee's) $ -$ -$ -
City Loan (Chamber) $ 3 ,600 $ 4,600 $ 4 ,100
City Loa ns (Homeowners) $ 56,775 $ 56,775 $ 56.775
CRA Loans $ $ -$
Total Fund Balance July 1, 2016 s 20 ,4 36,242 s 19,866,631 s 19,866,1 31
Revenues $ 13,737,170 $ 13,73 7 ,170 $ 13,7 37 ,170
Transfers In $ 500 $ 500 $ 500
Estimated Expenditures $ (13,658,885) $ (13 ,984 ,7 85) $ (13,992,815)
Operating Surplus/Deficit s 78,785 s (247,1 15) s (255,145)
Estimated EqUJpNehicle Replacement $ (47 ,000) s (4 7 ,000) $ (4 7 ,000)
CIPfTransfers Out $ (1,111 ,430) $ (1.131 ,930) $ (1,162,430)
Use of Reserves for Specific Projects $ (1 ,045,850) $ (1 ,045,850) $ (1,045,850)
Surplus/Deficit s (2,125,495) s (2,471 ,895) s (2 ,51 0,425)
Estimat ed Fun d B alance June 30, 2017 s 18,310,747 s 17,394,736 s 17,355,706
• Estimated Fu nd Balance Designations at June 30, 2017. in accordance with the General Fund Budget Resev e Polley
Nonspendable
Committed
Emergency/D isasters
Liquidity
Local Econom1c Uncertainty
Assigned
Fleet Management
Facilities Management
Technology Replacement
Economic Develo pment
Opportumtues for One-Time Expenditures
Unassigned
Internal Reserves (City Loans)
$ 50,000
$ 2 ,000,000
$ 1,4 50,000
$ 4 00,000
$ 3,540,000
s 53,392
s 2 ,021 ,983
$ 4 ,391 ,639
$
$
$
$
$
$
463,359
3,500.000
10,407,014
2 ,924,458
60,875
17,355.706
CITY OF TEMPLE CITY
TREASURER'S REPORT
December 31, 2016
Cash in Bank
Wells Fargo Bank-Checking
-Payroll
-Merchant Card
US Bank -Checking
Camellia Fund
Eas t West Bank -Monthly Market Account
Wells Fargo Bank -Checkin g
Petty Cash
LA IF
Effective Quarter to Date Yield 12/31/16 0.680%
MorganStanley SmithBarney
Certificates of Deposit
Weig hted Average to Date Yield 12/31/16 1.538%
Governme nt Securities
Weighted Average to Date Yield 12/31/16 1.052 %
Corpora te Fixed Income
Weig ht ed Average to Date Yield 12/31/16 1.640%
Money Ma rket
Mutual Securities
Government Securities
Weighted Average to Date Yield 12/31/161.216%
Money Market
US Bank
Certificates of Deposit
Weighted Average to Date Yield 12/31/16 1.169%
Governme nt Securities
Weighted Average to Date Yield 12/31/16 1.159%
Lo s Angeles County Pool Investment Fund
As of 12/31/1 6 1.030%
OPES Investment
As of 11/30/16
TOTAL
PRIOR MONTH STATUS
Total
$
$
COST VALUE
1,147,772.23
14,386 .11
15,059.69
56,948.35
160,000.00
10 ,444 .27
2 ,100.00
1 ,341,444.48
2 ,786 ,000 .00
1 ,2 00 ,0 00 .00
1,501,715 .00
10,662 .73
5,500,000.00
6 ,250 .14
3 ,973,000 .00
986,092 .50
5,500,000 .00
1 '1 00 ,000 .00
25,311,875.50
24,215 ,371 .26
ATTACHMENT C
$
$
MARKET VALUE
1 '147 ,772 .23
14 ,386 .11
15 ,059 .69
56,948 .35
160 ,000 .00
10 ,444 .27
2,100 .00
1 ,340,670.47
2, 796 ,186.85
1 '179,942 .00
1,497,974 .06
10,662 .73
5,404 ,160.00
6 ,250 .14
3,973 ,000.00
994 ,777 .50
5 ,616 ,7 04 .75
1,284 ,479.53
25 ,511,518.68
24,442 ,330 .07
All investments are placed in accorda nce with the City of Temple City's Investment Pol icy. The above summary provides sufficient cash flow
liquidity to meet the next six month's estimated expenditures. This report is in accordance w ith Government Code Section 53646 .
TRACEY L. HAUS E
CITY TREASURER
Taxes
Licenses and Permits
Intergovernmental
Charges for Services
F1nes , Forfeitures, & Penalilles
Use of Money and Property
Miscell aneous
Total General Fund Revenue
Total Special Revenue Funds
TOTAL REVENUE
CITY OF TEMPLE CITY
REVENUE SUMMARY REPORT -All FUNDS
QUARTER ENDiNG -December 31 , 2016
2015-16
BUDGET
5 ,505 ,540
1,423,000
3 ,517,000
1,499,100
500,000
200,000
241 ,000
12 ,885,640
5 ,849 ,550
18,735,190
==============
2015-16
YEAR TO DATE
JUL-DEC
1,777 ,331
821 ,678
22,448
798,093
164 ,100
72 ,240
156,866
3,812,756
1,295,351
5,108 ,107
==============
2016-17
BUDGET
5 ,827 ,000
1,465,000
4 ,000 ,000
1 ,507 ,170
500,000
200,000
238,000
13,737,170
6 ,149,480
19,886,650
============
2016-1 7
YEAR TO DATE
JUL-DEC
2 ,039,144
837,931
0
709 ,933
136,857
83,746
150,202
3 ,957,813
1,872 ,285
5 ,830,098
==============
PERCENT
RECEIVED
35%
57%
0%
47%
27%
42%
63%
29%
30%
29 %
==============
)>
-i
~
()
I
~ m z
-i
0
MANAGEMENT SERVICES
C1ty Counc1l
C1ty Manager
C1ty Attorney
E lections
City Clerk
ADMINISTRATIVE SERVI CES DEPARTMENT
Support Services
Insurance/Benefits
Accounting
Purchasing
COMMUN ITY DEVELOPMENT DEPARTMENT
Plann 1ng
Bu 1ld1ng
Housing
PARKS & RECREATION DEPARTMENT
Recrea tion/Human Serv1ces
Public Transportation
Parks -Ma 1ntenance/Fac1lities
Trees & Parkways
CITY OF T E MPLE CITY
EXPENDIT URE SUMMARY REPORT -A L L FUNDS
QUARTER ENDING -DECEMBER 31,2016
2015-16 2015-16 2016-17
BUDGET YEAR TO DATE BU DG E T
JUL-DEC
.......... ···-----------------... --................................ ----------..............................................
17 4 ,545 77,835 178,915
811 ,910 420 ,578 866,395
402 ,000 188,866 382 ,000
0 0 85,875
304 ,610 128,054 324,825
-----------------------------------------
1,693,065 815,333 1 ,838,010
132,810 69,941 136,600
952,665 577,736 1,005,285
543,510 272 ,570 611 ,510
271 ,900 8 3650 296,595
-----------------
1,900,885 1,003,897 2 ,049,990
1,886,915 379,581 1 ,609 ,655
767,860 353,623 875 ,910
195,990 60,329 321 ,100
--------------------------------------------------------
2,850,765 793,533 2 ,806,665
1 ,156,260 588,501 1,255,855
821 885 315,537 852 ,830
983 ,435 460,574 1,055,640
675 ,410 243,183 691 ,690
------
3 ,636,990 1 ,607,795 3 ,856,015
2016-17 PERCENT
Y EA R T O D A TE EXPEN DED
JUL-DEC
-----........................ -..... ----------.............................................
73,147 41 %
4 11 ,333 47%
14 1,944 37%
4 ,592 0%
145,165 45%
-------------------------------
776,181 42%
79,730 58%
857,931 85%
360,213 59%
158,534 53%
-------------
1,456,408 71%
498,607 31%
367,501 4 2%
147,962 46%
----------··--··--·----·------------------------
1,014 ,070 3 6 %
582,582 46%
303,653 52%
551 ,137
309 ,191
45%
45% }>
~
1,746,563 45% ~
}>
0
I
~ m z
~
m
CITY OF T EMPLE CITY
EXPENDITURE SUMMARY REPORT -All FUNDS
QUARTER ENDING · DECEMBER 31 ,2016
2015-16 2015-16 2016-17 2016-17 PERCENT
BUDGET YEAR TO DATE BUDGET YEAR TO DATE EXPENDED
JUL-DEC JUL-DEC
........................................ -----------............................ ---------------------·-------------------------------........ -----------.....
COMMUNITY DEVELOPMENT DEPARTMENT
PUBLIC SAFETY DIVISION
Law Enforcement 4 ,017 ,060 1,315,748 4 ,271 ,475 1,101 ,165 26%
Traffic Engineering 40 ,000 9 ,619 40,000 7 ,919 20%
A nimal Control 201 ,790 92,739 240,045 120 ,067 50%
Emergency Services 108,775 45,154 113,075 53 ,836 4 8 %
Community Preservation 358,825 125,454 379,860 99,939 26%
Park1ng Admin1strat1on 390,545 163,095 409,885 153,005 37% -------·-------------------------------
5 ,116,995 1,751 ,809 5 ,454,340 1,535,931 28%
PUBLIC WORKS DIVISION
Adm i nistration & Engineering 496,860 137,593 480,550 197,878 41 %
Street Clean in g 202,490 85 ,198 208,800 102,711 49%
Traffic Signal Maintenance 136,500 53 ,117 136,500 52 ,207 38%
Traffic Signs & Stnp Mamt 173,925 34 ,833 142,565 31 '140 22%
Street Maintenance 61 ,150 23,763 83 ,100 21 ,965 26%
Sidewalk Maintenance 50 ,000 48,433 50,000 29 ,286 59%
Solid Waste Management 19,490 2 ,547 10,115 2 ,786 28%
Street Lighting 375,425 154,699 394 ,010 144,679 37%
------------------------------------------------
1 ,515 ,840 540,183 1 ,505,6 40 582,652 39%
MAIN TE NANC E DIV ISION
General Government BUildings 250,300 117 ,825 253,270 177,553 70%
Parkmg Facilities 152,855 56,122 167,080 78 ,548 47%
Graffiti Abatement 50 ,000 17,287 50 ,000 12,331 25% -----------------------------
453,155 191 ,234 470,350 268,432 57 %
SUB TOTAL PROGRAM EXPENDITURES 17,167 ,695 6 ,703,784 17,981 ,010 7,380,237 41 %
SUB TOTAL PROGRAM EX PENDITURES
CAP ITA L IMPROVEME NT FUND
EQU IPME NT REPLACEM ENT
TRUST FUND
TOTAL EXPENDITURES
CDBG LOAN REPAYMENT
GRAND TOTAL
CITY OF TEMPLE CITY
EXPENDIT URE SUMMARY REPORT -ALL FUNDS
QUARTER ENDING-DECEMBER 31 ,2016
2015 -16 2015-16 2016-17
BUDGET YEAR T O DATE BUDG ET
JUL-DEC
............................................ -------------·----------...........................................
17 ,167 ,695 6 ,703 ,784 17 ,981 ,010
2,927 ,330 131 .788 5,327,790
143,900 19,522 90 ,200
0 1,860 0
-------·-----------------------
20 ,23 8,925 6 ,856 ,954 23 ,3 99 ,000
============== ============== ===========
0 27 ,000 0
20 ,238,925 6 ,883,954 23 ,399,000
============== ============== ===========
2016 -17
YEAR TO DATE
JUL-DEC
---------·------....................
7 ,380,237
842 ,052
52 ,409
0
~---------
8 ,274,698
==============
25,000
8 ,299 ,698
==============
PERCENT
EXPENDED
4 1%
16%
58%
0 %
35%
==============
0%
---------
35 %
==============
C A PITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P16 -01 Live Oak Park Walking and Jogging Path
P16-02 Veteran's Monum ent
P17-01 Renovat io n of Las Tunas Drive Light ing
P17-02 Senior Master Plan
Recap o f Fun d ing Sources
CITY OF TEMPLE CITY
PRELIMI NARY FINANCIAL STATUS REPORT
JUL 16-DEC 16
Funding Source Budget
(D) DEFG 140 ,000
Park Acquisition 10 000
150 ,000
(D) Park Acquisition 197,500
(D) Lighting/Lanscape 9 ,810
District
(D) General Fund 20 ,000
General Fund 20 ,000
Park Acqu isition 207 ,500
Lightii ng/Landscape 9,810
Distnct
5th District 2015 Excess 140,000
Funds Grant
TOTAL CIP -PARKS MAI NTENANCE I FACILITIES 377,310
(E) = Essential (N) = Necessary (M) = Mandated (R) = Routine
PARKS -MAINTENANCE/FACILITIES
ACCT. NO . 60-980-59-4810
Year To Date
Expenditure Balance
268 ,520 (118,520)
174 ,796 22 ,704
9 ,810 -
20,000
): --
f
453,126 {75,8 16 ) ~
I! .c.
(D) = Discret ionary -
I
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P15-06 Update Traffic Signals on Temple City Blvd .
between El Camino Rea l Avenue and Ellis Lane ,
and Other Safety Improvements
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 16-DEC 16
Fund ing Source Budget
(N) Highway Safety 934 ,560
Improvement Program
Prop C 704 ,790
Surface Transportation 437 ,300
P rog ra m Local
2 ,076,650
P15-07 Upgrade Traffic Signa ls Citywide and Install (N) Highway Safety 282 ,900
Other Safety Improvements Improvement Program
General Fund 9 ,930
292 ,830
Re c ap o f Funding Sources General Fund 9 ,930
Prop C 704 ,790
Highway Safety 1,217 ,460
Improvement Program
Surface Transportation 437 ,300
Program Local
TOTAL CIP -TRAFFIC SIGNAL MAINTENANCE 2,369 ,480
(E) = Essential (N) = Necessary (M) = Mandated (R) = Routine
TRAFFIC SIGNAL MAINTENANCE
ACCT. NO . 60-980-73-4810
Year To Date
Expenditure Balance
16 ,055 2 ,060 ,5 95
5,893 286,937
21 ,948 2,347,532
(D) = Discretionary
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P12-04 Citywide Upgrade Traffic Street Signage
P13 -02 Repav ing of Streets per Re-assessment
Pavement Management Plan
P14 -07 NPDES Storm Water Management Project
P17 -03 Las Tunas Drive Study
Recap of Funding Sources
TOTAL CIP-STREET CONSTRUCTION
(E) = Essential (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL16-DEC 16
Funding Source Budget
(M) General Fund 200 ,000
(E) MeasureR 1,500,000
(E) General Fund 66 ,500
(D) General Fund 200 ,000
General Fund 466,500
MeasureR 1,500 ,000
1,966 ,500
(M) = Mandated (R) = Routine
STREET CONSTRUCTION
ACCT. NO. 60 -980-75-4810
Year To Date
E xpenditure Balance
200 ,000
351 ,922 1,148,078
66 ,500
6 ,820 193,180
358,742 1,607 ,758
(D) = Discretionary
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P14-11 Rebu ild the Roof for the City Yard Build ings
P1 7-04 City Hall Space Plann ing Project
Recap of Fund i ng So urces
TOTAL CIP -GEN GOV'T BLDGS
(E) = Essential (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 16-DEC 16
Funding Source Budget
(D) General Fund 14 ,500
(D) Gene ral Fund 50 ,000
General Fund 64 ,500
64 ,500
(M) = Mandated (R) = Routine
GENERAL GOVERNMENT BUILDINGS
ACCT. NO . 60-980-81-4810
Year To Date
E xpenditure Balance
14 ,500
7 ,855 42,145
7 ,855 56 ,645
(D) = Discretionary
CAPITAL IMPROVEMENT PROGRAM
PROJECT DETAIL
No. Project
P17 -05 Temple City Blvd . Parking Lot Project
Recap of Funding Sourc es
TOTAL CIP -GEN GOV'T SLOGS
(E ) = Essential (N) = Necessary
CITY OF TEMPLE CITY
PRELIMINARY FINANCIAL STATUS REPORT
JUL 16-DEC 16
Funding Source Bud get
(D) General Fund 550 ,000
General Fund 550 ,000
550 ,000
(M) = Mandated (R) = Routine
PARKING FACILITIES
ACCT. NO. 60-980-82-4810
Year To Date
Expend iture Balance
381 549 ,619
381 549,619
(D) = Discretionary