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HomeMy WebLinkAboutAGENDA REPORT 2014 0305 CCSA REG ITEM 09A ITEM 9.A. CITY OF MOORPARK,CALIFORNIA City Council Meeting MOORPARK CITY COUNCIL of � -s•ao/lc AGENDA REPORT ACTION:/Ata at S a 010/44—.3.A80. TO: Honorable City Council BY: I"' seit- "Q4j, FROM: Ron Ahlers, Finance Director Or DATE: February 26, 2014 (City Council meeting of March 5, 2014) SUBJECT: Consider Resolution Authorizing Mid-Year Amendments to Fiscal Year 2013/2014 Budget BACKGROUND The City Council adopted a budget for fiscal year 2013/2014 on June 19, 2013, and periodically has amended it by resolution for various projects and programs. After a review of the current budget status, in anticipation of developing a budget recommendation for the new fiscal year, staff has compiled additional recommended budget amendments for the City Council's consideration. DISCUSSION The attached resolution makes several revenue and expenditure adjustments to the currently adopted 2013/2014 fiscal year budget, with an explanation for each item. Exhibit "A" summarizes the projected changes to revenues and expenditures and the net fiscal impact by fund. Revenue adjustments (Exhibit B) reflect increases and decreases, mainly in the General Fund but also to the Successor Agency funds. Expenditure adjustments (Exhibit C) are cost increases, omissions, or items that will not be needed this fiscal year. Total projected revenue will increase by $563,157 and total projected expenditures will increase by $160,820. The net impact across all funds is an increase of$402,337 to the available fund balance. Revenues General Fund revenues show an overall decrease of ($147,000). Those revenues that increased are: property taxes-VLF, sales tax compensation and EMPG-EMGC grant. The decreased revenues are: current secured property tax, sales and use tax, community services fee and HHW-Community Maintenance Fee. We also increased the estimated collections from the Local Transportation Funding 8a and 8c. The increase of $500,000 for Tax Increment is to match the latest estimate of revenue for the Successor Agency. 19 Honorable City Council March 5, 2014 Page 2 Expenditures The General Fund increases reflect increased costs for human resources consulting services and attorney services along with bullet proof window replacement at the police services center. In the other funds, there are increased costs for attorneys, legal notices and property maintenance at Arroyo Vista Community Park and Peach Hill Park. The City is also replacing certain computer-related equipment. STAFF RECOMMENDATION (Roll Call Vote Required) Adopt Resolution No. 2014-amending the fiscal year 2013/2014 budget as noted in Exhibits "A", "B'' and "C" to the attached resolution. Attachment: Resolution No. 2014---- 20 RESOLUTION NO. 2014---- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AUTHORIZING AN AMENDMENT TO THE FISCAL YEAR 2013/2014 ADOPTED OPERATING AND CAPITAL IMPROVEMENTS BUDGET Attachment WHEREAS, on June 19, 2013 the City Council adopted the Operating and Capital Improvements Budget for fiscal year 2013/2014; and WHEREAS, certain additions and adjustments to the budget are proposed to allow for effective service delivery for the balance of the fiscal year; and WHEREAS, the City Council now wishes to amend the 2013/2014 fiscal year budget as noted in Exhibits "A", "B" and "C". NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment as more particularly described in Exhibits "A", "B" and "C" attached hereto is hereby approved. SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this 5th day of March, 2014. Janice S. Parvin, Mayor ATTEST: Maureen Benson, City Clerk Attachment: Exhibits "A", "B'' and "C" -Mid Year Budget Amendment 21 Exhibit "A" CITY OF MOORPARK Mid Year Budget Amendment for the 2013/2014 Fiscal Year Summary by Fund Fund 1000 -General Fund 1010 -Library Services 2000 -Traffic Safety 2200 -Community Development 2400 -Park Maintenance 2603 -Local Transportation 8A 4003 -Equipment Replacement 5000 -Local Transpiration 8C 9100 -RDA Retirement Obligation Projected Revenue Increase (Decrease) ($ 147,000) 185,157 25,000 500,000 $ 563,157 Projected Expenditure Increase (Decrease) $ 56,000 8,000 10,000 42,500 20,300 24,020 $ 160,820 Net Fund Impact Increase (Decrease) ($ 203,000) (8,000) (10,000) (42,500) (20,300) 185,157 (24,020) 25,000 500,000 $ 402,337 22 Fu n d AJ C RE V E N U E : 10 0 0 10 0 0 10 0 0 10 0 0 10 0 0 10 0 0 10 0 0 26 0 3 50 0 0 91 0 0 N w 30 1 0 30 1 7 30 3 0 30 4 0 30 4 9 36 1 7 3B 7 7 35 1 0 35 1 0 30 2 0 Fu n d / D i v i s i o n Na m e Ge n e r a l Fu n d Ge n e r a l Fu n d Ge n e r a l Fu n d Ge n e r a l Fu n d Ge n e r a l Fu n d Ge n e r a l Fu n d Ge n e r a l Fu n d Lo c a l Tr a n s p o r t a t i o n BA Lo c a l Tr a n s p o r t a t i o n BC RD A Ob l i g a t i o n Re t i r e m e n t Ex h i b i t " 8 " Ci t y o f M o o r p a r k Mi d Ye a r Bu d g e t A m e n d m e n t FY 20 1 3 / 1 4 De s c r i p t i o n Cu r r e n t Se c u r e d Pr o p e r t y Ta x e s - VL F Sa l e s an d Us e Ta x Sa l e s Ta x Co m p e n s a t i o n Co m m u n i t y Se r v i c e s Fe e EM P G - E M G C Mg t Gr a n t HH W - C o m m u n i t y Ma i n t Fe e Ar t i c l e Ba - Tr a n s i t / S t r e e t s Ar t i c l e Sc - Tr a n s i t / S t r e e t s Ta x In c r e m e n t Se c u r e d Cu r r e n t Bu d g e t $ 3, 1 0 0 , 0 0 0 2, B 5 0 , 0 0 0 2, B 0 0 , 0 0 0 B7 5 , 0 0 0 15 5 , 0 0 0 - 13 7 , 0 0 0 BB 5 , 9 0 6 30 0 , 0 0 0 2, 5 0 0 , 0 0 0 Ac t u a l $ 2, 0 6 0 , 0 9 9 1, 4 7 0 , 9 3 2 94 7 , 7 7 7 60 4 , 9 1 5 -- - 2, 13 5 , 2 5 9 To t a l Re v e n u e Re v i s i o n Am e n d e d Re v i s i o n Bu d g e t Explanation ($ 10 0 , 0 0 0 ) $ 3, 0 0 0 , 0 0 0 Se c u r e d pr o p e r t y ta x e s adjusted 90 , 0 0 0 2, 9 4 0 , 0 0 0 Ac t u a l am o u n t kn o w n ($ 75 , 0 0 0 ) 2, 7 2 5 , 0 0 0 Sa l e s ta x e s ad j u s t e d per latest estimates 21 5 , 0 0 0 1, 0 9 0 , 0 0 0 Ac t u a l am o u n t kn o w n ($ 15 5 , 0 0 0 ) De l a y in ne w fr a n c h i s e agreement 15 , 0 0 0 15 , 0 0 0 FE M A re i m b u r s e m e n t payments \$ 13 7 , 0 0 0 ) De l a y in ne w fr a n c h i s e agreement ($ 1 4 7 , 0 0 0 ) 1B 5 , 1 5 7 1, 0 7 1 , 0 6 3 Ad d i t i o n TO A Ba fu n d i n g available FY13/14 18 5 , 1 5 7 25 , 0 0 0 32 5 , 0 0 0 Ad d i t i o n TO A Bc fu n d i n g available FY13114 25 , 0 0 0 50 0 , 0 0 0 3, 0 0 0 , 0 0 0 Re v i s e d es t i m a t e ba s e d on actual six month receipts 50 0 , 0 0 0 $ 56 3 , 1 5 7 Bu d g e t Un i t EX P E N D I T U R E S : 10 0 0 . 3 1 1 0 . 0 0 0 0 10 0 0 . 3 1 1 0 . 0 0 0 0 10 0 0 . 7 2 1 0 . 0 0 0 0 10 0 0 . 76 2 0 . 2 0 0 5 10 1 0 . 7 6 4 0 . 0 0 0 0 10 1 0 . 76 4 0 . 0 0 0 0 20 0 0 . 8 3 1 0 . 0 0 0 0 22 0 0 . 6 4 4 0 . 0 0 0 0 22 0 0 . 64 4 0 . 00 0 0 24 0 0 . 7 8 0 0 . 7 8 0 3 24 0 0 . 78 0 0 . 78 0 8 40 0 3 . 3 1 2 0 . 0 0 0 0 40 0 3 . 8 3 1 0 . 0 0 0 0 40 0 3 . 31 00 . 00 0 0 40 0 3 . 6 1 0 0 . 0 0 0 0 I\ . ) .i : : : . A/ C Fu n d / D i v i s i o n Na m e 91 0 3 Hu m a n Re s o u r c e s 91 2 2 Hu m a n Re s o u r c e s 92 5 5 An i m a l &V e c t o r 92 5 2 Po l i c e Se r v i c e s Ce n t e r 92 0 5 Li b r a r y Se r v i c e s 91 0 3 Li b r a r y Se r v i c e s 92 5 3 Pu b l i c Wo r k s 91 2 2 Co m m u n i t y De v e l o p m e n t 92 3 4 Co m m u n i t y De v e l o p m e n t 92 5 2 Ar r o y o Vi s t a Co m m u n i t y Pa r k 92 5 2 Pe a c h Hi l l Pa r k 92 0 1 Eq u i p m e n t Re p l a c e / I S 95 0 5 Eq u i p m e n t Re p l a c / P u b l i c Wk s 95 0 3 Eq u i p m e n t Re p l a c / C i t y Cl e r k 95 0 3 Eq u i p m e n t Re p l a c / C o m m De v Ex h i b i t "C " Ci t y of Mo o r p a r k Mi d Ye a r Bu d g e t Am e n d m e n t FY 20 1 3 / 1 4 Cu r r e n t De s c r i p t i o n Bu d g e t Ac t u a l Sp e c i a l Pr o f e s s i o n a l Se r v i c e s $ 3, 0 0 0 $ 5, 6 5 8 Le g a l Se r v i c e s / N o n re t a i n e r 23 , 3 0 0 53 , 10 2 Fu e l 0 2, 2 2 0 Pr o p e r t y Ma i n t e n a n c e 31 , 6 0 0 17 , 5 0 7 Sp e c i a l De p a r t m e n t Su p p l i e s 85 , 0 0 0 29 , 6 1 3 Sp e c i a l Pr o f e s s i o n a l Se r v i c e s 6, 0 0 0 2, 8 9 8 Tr a f f i c Si g n a l Ma i n t e n a c e 65 , 8 6 0 38 , 5 6 0 Le g a l Se r v i c e s 15 , 0 0 0 17 , 9 6 8 Ad v e r t i s i n g 7, 5 0 0 10 , 0 6 1 Pr o p e r t y Ma i n t e n a n c e 75 , 7 5 0 34 , 4 7 0 Pr o p e r t y Ma i n t e n a n c e 50 , 4 0 0 14 , 3 2 2 Co m p u t e r Su p p l / E q u i p No n Ca p . 0 0 Ve h i c l e s 11 7 , 3 7 1 69 , 19 2 Co m p u t e r Eq u i p m e n t 0 0 Co m p u t e r Eq u i p m e n t o· 0 To t a l Ex p e n d i t u r e Re v i s i o n Am e n d e d Re v i s i o n Bu d g e t Explanation $ 6, 0 0 0 $ 9, 0 0 0 HR co n s u l t i n g services 50 , 0 0 0 73 , 3 0 0 In c r e a s e d use of attorneys 5, 0 0 0 5, 0 0 0 In a d v e r t e n t l y not funded in original budget 10 , 8 0 0 42 , 4 0 0 Bu l l e t pr o o f window replacement 56 , 0 0 0 2, 0 0 0 87 , 0 0 0 Gr a n t fo r books for Read to a Dog Program In c r e a s e in pledge from Moorpark Friends of the Li b r a r y - Y o u t h & Teens ($4,000); Adult & Family 6, 0 0 0 12 , 0 0 0 ($ 2 , 0 0 0 ) 8, 0 0 0 10 , 0 0 0 75 , 8 6 0 Re p a i r costs 10 , 0 0 0 35 , 0 0 0 50 , 0 0 0 In c r e a s e d legal costs 7, 5 0 0 15 , 0 0 0 Re q u i r e d notice on City actions/projects 42 , 5 0 0 Ba l l f i e l d #4 complete lighting replacement; key 11 , 3 0 0 87 , 0 5 0 re p l a c e m e n t 9, 0 0 0 59 , 4 0 0 Ba l l f i e l d ADA bleacher retrofit 20 , 3 0 0 5, 0 0 0 5, 0 0 0 Co m p u t e r replacement items, ie printers 7, 0 2 0 12 4 , 3 9 1 Ac c o u n t for trade in value of Vehicle 66 6, 0 0 0 6, 0 0 0 Re p l a c e 1 High Volume/High Speed Scanner 6, 0 0 0 6, 0 0 0 Re p l a c e 1 High Volume/High Speed Scanner ~ 0 2 0 $ 16 0 , 8 2 0