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HomeMy WebLinkAbout1994-01-11 - AGENDA REPORTS - 1993 94 MID YEAR BUDGET (2)1, NEW BUSINESS DATE: SUBJECT: DEPARTMENT: Background AGENDA REPORT City Manager Approval Item to be presented by George Caravalho January 11, 1994 °1993-94 Mid -Year Budget Analysis and Adjustment City Manager Each January, City staff takes the opportunity to evaluate the City's adopted budget- It is critical to perform this mid -year review of our budgetary and financial position to ensure that any deviations from initial budget projections are addressed in a manner which is preventive rather than reactive, This year's review resulted in a General Fund adjustment to revenues and expenditures of less than 1%, When the City's 1993-1994 Budget was adopted in June, it was still unclear as to what path the Governor and Legislature would take to make up for shortfalls within the State's budget, The City's 93-94 Adopted Budget maintained a reserve to contend with the maximum withholding the State may have chosen to impose on the City, In order to budget for this special reserve and also keep in step with the continuing recession, numerous budget reductions to each department were necessary. These included leaving 11 previously approved positions unfilled, not increasing salaries for cost of living allowances (COLA), and reducing police services and recreation programs.. A summary of staffs proposed mid -year budgetary adjustments are included in the accompanying attachments. Attachment A summarizes the amount of revenue staff expects to receive by June 30, 1994, which indicates an increase in the 93-94 adopted revenue budget for all funds. General Fund revenues projections are up slightly from what was budgeted in the 93-94 Budget. Increases to other funds were a result of special revenues being awarded to the City subsequent to the adoption of the 93-94 Budget. Attachment B is a detail schedule of recommended mid -year expenditure adjustments indicating an overall decrease in expenditures. The net effect of the General Fund budget adjustment is a $200,900 increase to appropriations. This includes recommendations such as funds to increase Sheriffs services, a COLA for employees, one new position, the unfreezing of two unfilled positions, and providing funds to start the Downtown Newhall Revitalization Program. Expenditure estimates in other funds were reduced because funding requirements will be delayed until the 94-95 budget cycle. Adopted:-/ -111otV r�- ;!tern: PASSED AND ADOPTED by the City Council of the City of Santa Clarita at a regular meeting held on the day of 1994. MAYOR ATTEST: City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) SS CITY OF SANTA CLARITA I, Donna M. Grindev, City Clerk, do hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita at a regular meeting thereof, held on the day of , 1994, by the following vote of the Council: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS CITY CLERK m.�.reso942.jr1 RESOLUTION NO. 94-2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA RELATING TO THE ESTABLISHMENT OF A MONEY PURCHASE RETIREMENT PLAN WHEREAS, the City of Santa Clarita currently provides an ICMA/RC deferred compensation program for the benefit of its employees; and WHEREAS, the City of Santa Clarita considers its employees to be one of its most valuable resources; and WHEREAS, the establishment of a money purchase retirement plan will provide an additional benefit for employees by providing funds for retirement and funds for their beneficiaries in the event of death; and WHEREAS, the City of Santa Clarita desires that its money purchase retirement plan be administered by the ICMA Retirement Corporation and that the funds held under such plan be invested in the ICMA Retirement Trust, a trust established by public employers for the collective investment of funds held under their retirement and deferred compensation plans: NOW THEREFORE BE IT RESOLVED that the City of Santa Clarita hereby establishes a money purchase retirement plan (the "Plan") in the form of the ICMA Retirement Corporation Prototype Money Purchase Plan and Trust, pursuant to the specific provisions of the Adoption Agreement (copy attached hereto.) The Plan shall be maintained for the exclusive benefit of eligible employees and their beneficiaries; and BE IT FURTHER RESOLVED that the City of Santa Clarita hereby executes the ICMA Retirement Trust; and BE IT FURTHER RESOLVED that the City of Santa Clarita hereby agrees to serve as trustee under the Plan and to invest funds held under the Plan in the ICMA Retirement Trust; and BE IT FURTHER RESOLVED that the personnel manager shall be the coordinator for the Plan; shall receive necessary reports; notices, etc., from the ICMA Retirement Corporation or the ICMA Retirement Trust; shall cast, on behalf of the Employer any required votes under the ICMA Retirement Trust; may delegate any administrative duties relating to the Plan to appropriate departments; and BE IT FURTHER RESOLVED that the City of Santa Clarita hereby authorizes the Assistant City Manager to execute all necessary agreements with the ICMA Retirement Corporation incidental to the administration of the Plan. AGENDA REPORT January 11, 1994 1993-1994 Budget Analysis and Adjustment Page 2 In addition to addressing the above recommended adjustments in Attachments A & B, staff is also recommending Council authorization to continue funds from the prior fiscal year. Continuing appropriations represent funds authorized for expenditure in the 92-93 fiscal year budget which were not expended but are still required to complete projects. Resolution 94-9's Attachment A, provides a detail of the continuing appropriations among the various funds. Staff recommends the adoption of Resolution 94-9 to appropriate these funds into the FY 93- 94. Also attached for adoption is Resolution 94-1, which makes nine changes to the salary resolution. Eight of the changes reflect classification adjustments with a total dollar impact of $8,000 and the remaining change is a recommended 2.25% COLA for all employees. The City Council's salary will not increase with this employee COLA increase. Finally, presented for the City Council's consideration is Resolution 94-2 enhancing the City's ICMA Deferred Compensation Plan by establishing a 401(a) money purchase plan, This additional plan for executive management employees creates another investment vehicle for the existing city paid contributions, thereby providing these employees the opportunity to defer more of their taxable income into our existing 457 plan. The establishment of the 401(a) money purchase plan requires only a one time set up expenditure of $750. Recommendation That the City Council adjust FY 93-94 budgeted revenues and expenditures for various funds in the amount specified within the Attachments and adopt Resolutions 94-9, 94-1 and 94-2. Attachments A. Mid -year Revenue Adjustments B. Department Expenditure Detail Resolution 94-9 Authorizing Appropriations Continued from Prior Fiscal Year Resolution 94-1 Amending Resolution 93-10 compensation for employees Resolution 94-2 Deferred Compensation. gh/c ncil/midyfigtagn Attadiffmt A REVENUE SUMMARY Fiscal Year 93-94 Mid -Year Review 1993-94 MID -YEAR DESCRIPTION BUDGET REVISION ADJUSTMENT GENERAL FUND Property Tax 3,381,000 3,960,000 579,000 Sales Tax 12,821,700 12,321,700 (500,000) Other Taxes/Revenue 9,728,600 9,636,700 (91,900) Community Development 1,585,150 1,549,000 (36,150) Parks & Recreation 1,112,300 1,213,600 101,300 S06intal General Fund 28,B2B,750 ------------- 181,000 GAS TAX 0 8,000 8,000 Misc. Revenues 0 800 800 Subtotal Gas TO; A ------------------------------------------ v 900 800: COUNTY AID TO CITIES FUND County Aid to Cities 0 308,200 308,200 Subtotal County Aid io cities'], 0 306, 00- ------------- 308,'00'. BIKEWAY FUND Bikeway Funds 47,500 342,900 295,400 Subtotal Bikeway Fundi T500 " 342,900; 295,300: PROPOSITION C FUND Recession Proposition C Funds 0 125,000 125,000 Subtotal Proposition C _ 0 125,000'. . 125,000'. -------------------- PROPOSITION A FUND Proposition A 1,570,300 1,929,200 358,900 Subtotal Proposition A I'. „ , 1,57,0,300 1,929,Z00!I: 35B,8,Q4 SPECIAL ASSESSMENT DISTRICTS Drainage Benefit #3 6,500 31,150 24,650 Drainage Benefit #6 500 34,750 34,250 Drainage Benefit#18 0 34,200 34,200 Subtotal Special A39aIs. Districts; --------------------------- ::7,000 100,100'. 93,1001 TRANSPORTATION FUND Farebox Revenue 567,000 748,000 181,000 Parking Lot Use Fees 0 8,000 8,000 Misc, Revenues 0 4,000 4,000 .................. Subtotal Transportalicri�:Pund _, ------ 5¢7,000 - _----__ 760,000: _.____ _- _- 193 G00_ () Denotes Decrease. DEPARTMENT EXPENDITURE DETAIL Fiscal Year 93-94 Mid -Year Review PROPOSED ADDITIONAL DESCRIPTION AMOUNT Management Services. Elections 20,000 Information Analyst 23,000 ----------------------------- Subtotal Management Services Adjustments 43,000 Community Development Pre -Trial District Attorney Conferences 1,000 Associate Planner - Economic Development 20,000 Associate Engineer- Traffic 17,000 Newhall Implementation 35,000 City Center 26,000 City Center Circulation Element 45,000 Building & Safety Professional Services 10,000 Automate Permit System 10,000 Subtotal Community Development Adjustments 164,000 Parks & Recreation Head Start Program 4,800 Vehicle Fuel 18,000 Electric Utilities 12,000 Gas Utilities 7,500 GoPacs - Emergency Preparedness 3,000 Park Maintenance Worker 16,000 Backflow Appliances 8,000 At -Risk Youth Program 40,000 - Subtotal Parks & Recreation Adjustments - 109,300 Public Works General Services - Postage 12,000 Vehicle Maintenance - Professional Services 8,000 Senior Dial-A�Ride 50,000 Furniture - Corp Yard 6,000 - Solid Waste Intern 5,600 Subtotal Public Works Adjustments 81,600 Public Safes Increase Traffic Car from 40 Hours to 56 Hours 78,000 Provide Matching Funds for COBRA Grant 25,000 Crime Prevention Civilian 16,000 -------------------------- Subtotal Public Safety Adjustments ---------- 119,000 COLA 94,400 Reclassifications 8,000 Transfers Out Savings (418,400) TOTAL PROPOSED GENERAL FUND AMOUNT 20%200 ( ) Denotes Decrease Attachment B Page 1 of 2 DEPARTMENT EXPENDITURE DETAIL Fiscal Year 93-94 Mid -Year Review PROPOSED ADDITIONAL. DESCRIPTION AMOUNT Gas Tax Public Works - Street Maintenance Personnel Adj. (9,500) Public Works - Street Sweeping Savings (150,300) Public Works - Accrual Reversals Adjustment (435,800). COLA 12,600 Total Gas Tax Aoorooriations Adiustment (saamm Debt Service - Commuter Rail Station Loan ( Prop C) 577,500 Century City Service 89,000 Stevenson Ranch Service :,130,000 Valencia Town Center Shuttle 35,000 Transit Security Camera 2,600 Purchase of 3 Additional Buses and Expansion. of Local Service Hours 280,000 Capital Projects Adjustments (406,363) COLA 5,500 Subtotal Transit Fund Adjustment 713.23 7 FEMA Capital Projects 35,324 Subtotal FEMA Adjustment 35-324 BIKEWAY FUNDS Capital Projects itotal Bikewav Funds Capital Projects. Subtotal Proposition C Capital Projects Capital Projects 27,366 ------------------------------------ (950,250) (1,741,964) rr• Subtotal Valencia Signalization District 8 U00 ALL FUNDS MID -YEAR PROPOSED ADDITIONAL (2.290.3871 () Denotes Decrease Attachment B Page 2 of 2 Resolution 94-9 Attachment A Summary of Continuing Appropriations Fiscal Year 1993-1994 Operations Capital Projects TOTAL General Fund 452,458 375,580 828,038 Gas Tax 188,700 188,700 CDBG 282,781 223,360 506,141 TDA Article 8 4,232,667 4,232,667 Prop A 13,726 71,600 85,326 PFA Bond Proceeds 1,299,851 1,299,851 County Aid to Cities 318,000 318,000 Developer Fees 4,711,194 4,711,194 MTA Grants , 1,193,451 1,193,451 FEMA 8,214 8,214 TOTAL ------------------------------------------------------------- 748,965 12,622,617 13,371,582 fMomeV,boswelM dge�dyr.wO RESOLUTION NO. 94-9 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA CONTINUING APPROPRIATED FUNDS FROM FISCAL YEAR 1992-93 TO FISCAL YEAR 1993-94 AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED WHEREAS, a proposed annual budget for the City of Santa Clarita for the fiscal year commencing July 1, 1992, and ending June 30, 1993, was submitted to the City Council and is on file in the City Clerk's Office, and WHEREAS, proceedings for adoption of said budget were duly taken, and WHEREAS, the City Council has made certain revisions, corrections, and modifications to said proposed budget, and WHEREAS, the City Manager caused the proposed budget document to be corrected to reflect the changes ordered by the City Council, and WHEREAS, funds were appropriated yet unexpended on various operational and capital projects for the 1992-93 Fiscal Year, and WHEREAS, these funds must be continued into the subsequent fiscal year to complete appropriations previously authorized, NOW, THEREFORE, the City Council of the City of Santa Clarita does resolve as follows: Section 1. The attachments hereto and included herein by Resolution are adopted as the Continuing Appropriations of the City of Santa Clarita for Fiscal Year commencing July 1, 1992, and ending June 30, 1993, and will thus become part of the 1993-94 adopted budget for Fiscal Year commencing July 1, 1993, and ending June 30, 1994. Section 2. There is hereby appropriated to each account set forth in said budget, attached hereto as Attachment "A" and made a part hereof, the sum shown for each fund in the 1993-1994 budget, and the City Manager is authorized and empowered to expend such sum for the purpose of such account but no expenditure by any office or department will exceed the amount budgeted therefor without prior approval of the City Manager. APPROVED AND ADOPTED this day of 1994. ATTEST: MAYOR BB/gNwurcNcontappi�avl STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) CITY OF SANTA CLARITA I, Donna M. Grindley, City Clerk of the City of Santa Clarita, do hereby certify that the foregoing Resolution No. 94-9 was duly adopted by the City Council at a regular meeting thereof, held on the day of 1994, by the following vote of the Council: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: 88/G Wcouncdlconleppr. xv RESOLUTION NO. 94-1 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA CLARITA PROVIDING FOR THE COMPENSATION OF THE EMPLOYEES OF THE CITY WHEREAS, Section 37206 of the Government, Code requires the City Council to prescribe the time and method of paying salaries, wages and benefits of employees of the City; and WHEREAS, the City Council has authorized and directed, under provisions of the Municipal Code of the City of Santa Clarita, Section 2.080.060 (7), the City Manager to prepare a proposed salary plan for all City employees. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Santa Clarita as follows: SECTION 1. Salaries adopted for FY 93-94 budget year be increased 2.25% by the City Council effective with the second pay period of 1994. SECTION 2. Exhibit 1 is hereby amended to include the following changes: Classification General Services Manager - Grade 51 Emergency Preparedness Coordinator - Grade 39 Transit Analyst Grade 39 BuildingMaintenance Worker I - Grade 22 Trails Coordinator - Grade 37 Sr. Code Enforcement Officer - Grade 44 CDBG Program Coordinator - Grade 45 Project Technician - Grade 32 Change To Grade 55 To Grade 45 To Grade 43 General Maint. Worker - Grade 24 Park Develop. Cord, to Grade 42 To Grade 42 Title Change Only New classification SECTION 3. All prior resolutions and parts of resolutions in conflict with this resolution are hereby rescinded. PASSED AND ADOPTED by the City Council of the City of Santa Clarita at a regular meeting held on the day of 1994. MAYOR ATTEST: City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF SANTA CLARITA ) 1, Donna M, Grindey, City Clerk, do hereby certify that the foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita at a regular meeting thereof; held on the day of , 1994, by the following vote of the Council: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS CITY CLERK mm.seso941.jr1 Eshih t t 39 Accountant Purchasing Agent Solid Waste Analyst Admin. Analyst Admin. Analyst 38 We. Specialist P.W. Inspector Code Enfore. Off. 36 Admin. Aide Asst. Planner 1 28 Graphic Artist Engineer.. Tech. 27 Graphics Iech. Supv, Permit Spec. Groundskeeper 11 35 hmfo. Assistant Secretary Secretary Secretary 34 Revenue Collector Street Mainr. Wrkr. Rec. Coordinator 33 Crew Leader Crew Leader 23 AcenL Clerk BMW III 32 Personnel Tech. Engineer. Aide Exec. Secretary Exec, Secretary Exec. Secretary Exec. Secretary Buyer. Project Tech. Computer Operator 31 29 28 Planning Tech. 27 Graphics Iech. Groundskeeper 11 26 Deputy City Clerk Secretary Secretary Secretary Secretary 25 Permit Spec. Street Mainr. Wrkr. 24 Vehicle Tech BMW It Materials Clerk GmundskeeperI General Maint. Worker 23 AcenL Clerk 20 I's Clerk Typist Clerk Typist Clerk Typist Clerk Typist Clerk Tv Dist 13 12 Reept. Clerk Reept, Clerk Reept. Clerk Reept. Clerk 11 *Management Classifications ❑.ASSIP9%LS (over) I1SN4 CITY OF SANTA CLARITA Management Community Public. Parks, Recreation& Grade Services Finance Development Works Community Services 80 City Manager 79 Dir. of Parks, Recreation &, 68 Dir. of Finance Community Srvce 67 65 ('try Engineer* 63 62 Dir. of Personnel 61 Asst City Engineer - City Planner* Building Official* 60 59 55 Personnel Manager* Accounting Manager* Pri neiple Plainer* Transp, Manager* Park/Rec. Supdt* Mkmg & F.con. Dcv. MgO Field Maim Supervisor* Engineer* Gen. Srvcs. Manger 54 53 Information Resource Mer* 50 City Clerk* Assoc, Engineer* Assoc. Traffic Eng.* 49 47 Supv, Build. Insp.* Assoc. Planner* 46 45 Pub. Info- Off.* Admin. Asst* Asst. Engineer Admin.. Asst* Rec. Supervisor* Admin. Asst* Admin. Asst.* Park Supervisor/Arborist* Asst. Traffic Engineer Park Supervisor* Park Planning Supervisor* Emerg. Prep. Coord.* Admin, Ass[.* CDBG Program Co-ord.* 43 Info. Analyst Transit Analyst Personnel Analyst 42 .Asst. Planner If Park Dev. Cooed. Sr. Build Insp. Sr. Code Enforcement Officer Sr. P.W. Inspector 41 40 Exhibit I (MASSMIUS (over) iism