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Home My WebLink About2006-12-12 - AGENDA REPORTS - MID YEAR BUDGET (2)CONSENT CALENDAR DATE: SUBJECT: DEPARTMENT: CCS: b Agenda Item• CITY OF SANTA CLARITA REDEVELOPMENT AGENCY AGENDA REPORT City Manager Approval: IG'YV o Item to be presented by: Darren Hem'andez December 12, 2006 FY 2006-2007 MID -YEAR BUDGET ADJUSTMENTS Administrative Services RECOMMENDED ACTION City Council: 1. Authorize adjustments to fiscal year 2006-07 budgeted expenditures, revenues, and capital projects in the amount specified in Attachment A. 2. Adopt a Resolution providing for Compensation of the Employees of the City and Amending the Position Classification Plan. Redevelopment Agency: Authorize adjustments to fiscal year 2006-07 budgeted expenditures and revenues in the amounts specified in Attachment A. BACKGROUND Each year at this time, City staff takes the opportunity to evaluate the adopted budget and the economic outlook for the remainder of the year. It is critical to perform the mid -year review of the budgetary and financial position to ensure that any deviations from the initial budget projections are addressed in a manner which is proactive rather than reactive. It is also at this time that staff reviews priorities and requests appropriations for activities that have become a priority butare not currently funded. Attachment A provides details of the proposed mid -year expenditure and revenue adjustments. General Fund revenue is projected to increase by $1,028,751 to $87,196,801. The total General Adopted: kes og Fund revenues are being adjusted to reflect current economic conditions. Included in the net increase is $1.5 million in increasing property tax revenue due to increasing property valuation in the City of Santa Clarita. The total proposed revenue adjustments for all funds is $29,161,755, which includes General Fund revenue plus the recognition of prior -year revenue to offset prior -year encumbered expenditures associated with capital improvement projects and special revenue programs. The total General Fund expenditures include a proposed increase of $2,433,599, for a total operating budget of $86, 020,166 and CIP budget of $15,420,662. Expenditures include proposed funding for two Administrative Analyst positions associated with the Enterprise Zone designation and City-wide projects. The General Fund adjustment also includes an appropriation of $1 million for the Cemex marketing plan and $1 million to replenish the Council contingency fund. In addition, the mid -year expenditure adjustments include a proposed increase of $653,919 for a proposed 3.3% cost -of -living adjustment and an increase in cafeteria allowance from $854 per month to $913.12 per month. The total proposed expenditure increase for all funds is $5,378,671. ALTERNATIVE ACTIONS Other action as determined by the City Council/Redevelopment Agency Board. FISCAL IMPACT Adoption of these mid -year adjustments will increase the estimated revenues for all funds by $29,161,755 and expenditures by $5,378,671. ATTACHMENTS FY 2006-07 Mid -Year Adjustments - Attachment A Resolution Providing for Compensation of the Employees of the City and Amending the Position Classification Plan ATTACHMENT A CITY OF SANTA CLARITA FY 2006-07 MIDYEAR REQUESTS LINE ITEM DETAIL DEPT. FUND DIV/ SUBDIV ACCT DESCRIPTION EXPENDITURES Increase Decrease REVENUES Increase Decrease AS 001 4011 Property Taxes 573,49( AS 001 4014 Property Tax In Lieu of VLF 1 014 45 AS 001 4021 Sales & Use Tax 90,16( CD 001 Various CD: Development Revenues (72,900 PW 001 Various PW: Development Revenues 870500 CD 1 001 4454 JFarmees Market Revenue 1,500 CD 001 6365 Film Permit 28,83 CD 001 6366 Film Permit- Road Use 7,11 CD 001 6726 Sign Compliance Program 120,0 P&R 001 6720 Donations - Special Events 3,000 P&R 001 64133 COC Performing Arts Rev 6,600 P&R 001 6420 Tour Of California (Sports Account) 75,0 P&R 001 6424 Facility Insurance 4,000 P&R 001 6425 Adult Sports 35,500 P&R 001 64290 ISports Complex 13,800 P&R 001 6461 Community Center 50 P&R 001 6481 Aquatics Registrations 10,000 P&R 001 6492 Parade Permits 5,00 CMO 001 5020 SC Beautification Grant 132,00 CMO 001 1210 7320 Citys 20Th Anniversary 40,000 CMO 001 1210 8110 Next Generation Printing 1,000 CMO 001 1210 Various Administrative Analyst 44,020 CD 001 3210 Various Administrative Analyst 44,161 CD 001 3210 8110 1 Enterprise Zone Marketing Materials 98,000 CD 001 3110 8003 EIR Preparation For East Santa Clarity Annexation And South Santa Clarita SOI Amendment 98,000 CD 001 3120 8110 Sign Removal Contractors & Adminstrative Costs For the Sign Compliance Program 120,000 CD 001 3120 8001 Incusionary Housing Ordinance 40,000 CD 001 3110 06.00.8110 Cemex Megamining Opposition 1,000,000 CD 001 3215 Various I Film Expense Increase Revenue Offset 22,392 PW 001 4804 Various Emergency Purchase Of An Air Conditioning Unit For City Hall 70,000 PW 001 4804 8640 Replacement Of Air Conditioning Units At City Hall 140,000 PRCS 001 7481 Various Community Center P/T Staff Salary 15,746 PRCS 001 7212 7382 Todd Longshore Memorial Score Program 4,000 PRCS 001 7321 Various Electric And Gas Utility Adjustments 176,530 PRCS 001 7611 Various P!r Event Staffing 30,835 PRCS 001 7611 7312 1 Canopies, Table, Chairs 5,000 PRCS 001 7622 7315 Cowboy Festival 50,000 PRCS 001 7428 Various Graffiti Removal Trudy & Pressure Washer 5,943 PRCS 001 7626 Various Tour Of California 150,000 CA 001 8110 8201 Golden Valley Rd. Condemnation 100,000 Debt Service 001 9010 An led Debt Service Payments for the Golden Triangle Reimbursement Agreement 939,480 Transfer 001 9501 Reduction In GF Transfer to Fund 602 For Self Insurance (2,000,000) Council Contingency 001 2250 7401 Replenish Council Contingency 1,000,000 PW 001 R3001 8001 Santa Clara River Bank Stabilization is a New Project to Repair and Protect Bre Creekbed Prior to the Winter Storms 225,000 12/4/2006 Page 1 of 4 Attachment Revised 11-29-06(3) ATTACHMENT A CITY OF SANTA CLARITA FY 2006-07 MIDYEAR REQUESTS LINE ITEM DETAIL 1214/2006 Page 2 of 4 AtiachmentA Revised 11-29-06(3) DIV/ EXPENDITURES REVENUES Increase Increase DEPT. FUND SUBDIV ACCT DESCRIPTION Decrease Decrease PW 001 10004 8001 Intelligent Transportation Subsystems Ph2- 250,000 Provide Technology Along the Cross Valley Connector Gap Closure As Well As Computerized Back -Up At the TMF PW 001 C0018 8001 Thoroughfares Signal Interconnect — Project (219,000) Savings Going Back to Fund Balance PW 001 M0039 8001 04-05 Overlay— Project Savings Going Back to (15,002) Fund Balance PW 001 M0044 8001 04-05 Slurry Seat Program — Project Savings (2,506) Going Backt to Fund Balance ..tF ?'•.sti.? hyo '!a5. 3;:, m'.' �. AA /� t:I�s 4 .s i 1 CD 102 5223r�1 HOME Program 8,00 ' . . y�,yy F: RW , ., , F '�} 'a: !iLx:' tt = 3s .A�: HN 41120, �t j•i fl... r ...sH:u t , t k� y;�$,H ��, -:.h '.r a'4. rc •t: AS 103 5213 ISTPL Revenue 271,12 PW 103 S3005 8001 Golden Valley / Soledad Interchange Transfer 271,126 From Fund 302 To Fund 103 1 ?1}u)Li ,10ill : L:. t!r +,t:" , aUr CD 104 3311 8001 CDBG Allow For More HUD Funding for the 20,000 Creative Homeless Services Contract .0 .� •:� -Y �y � V' "•: ` Ok"A[FDO, KOM P8R 108 5270 IJusfice Asst. GrangJAG) #9 14,541 P8R 108 5272 Justice Asst. Grant(JAG) 2006 WEN aa pp Q}� ORCIE H} r.' I 44 r AN.T f' ��(s'± i�i* .ry £ti's{,tr{l bs5`.ror10,21-011R,67=`7`772177777 ry20,,39 tt rt? .i i::4' i •Y 'iRV� . AS 109 1 5216 ITEA 21 Grant 59,89 AS 109 6714 Miscellaneous Revenues 1,230,38 3 . r: -TS; g AS 201 5126 AB2928 Traff Cong Relief 513,71 CIP 201 M0052 8001 2006.07 Overlay - Transfer From Fund 455 To 350,000 Fund 2011 j-. =.t t.. ii/T. I.r'.... /� y::GEAi.Ik_. Y.Yu,Ai..:�ii �:rhl}._,11,11,11E..h:: {: AS 204 9501 TDA Streets And Roads - Transfer Out 17,071 ' t =, r T. r .. V EF. £h *=- !..,.. �tief: !} N. ,. v�. S. , rt:�:.. .r.•t y � �j.•i. r 1.+. i it 4..t !, � �", AS 205 5131 Proposition C Grants 8,472,2091 AS 205 5136 Transit Mitigation Rev 48 AS 205 5176 MOSIP 933,059 AS 205 6714 Miscellaneous Revenues 10,435,00 AS 205 9501 Prop C - Transfer Out 190,227 7-=l! 7%iglrk AS 206 5142 Prop A- Discretionary 73,53 AS 206 5144 Specialized Transportation 5,313 AS 206 9501 Prop A -Transfer Out 11,478,56ee5 _F' :ra ._•i .''f= !. ...' q a .'TALII � A Ri, ..IMENStir R. -r :uEF j.v�, : si: =ryv?.. !} .f. rA 3 22 AS 211 1 5211 ISuppl. Law Enforcement Grant 8,78 •p F r0 EMEN.r= T eC.m },'tit d,,.ni�..'rt t... R !. :1 Hgg='!. .i.s!' f .i. PW 302 S3005 8001 Golden Valley / Soledad Interchange Transfer (271,126) From Fund 302 To Fund 103 :R's : r� p �+ :VI Gr �{{ = Y .:.s .GY jtt t !i :.:. 3 ri�, 1 {.:.H rtF .r ':ily .16r A+��yyyw !' i, {'. :146 �i.tr!�°;j �1 uii!'. CIP 303 S3005 8001 Golden Valley/SoledadInterchange- Project (15,200) Savings Going Back To Fund Balance. .: r• I rt:t, ��•. .:. N. A ` r 1i D •=rs:,t. i Y��.' :s , _ 1214/2006 Page 2 of 4 AtiachmentA Revised 11-29-06(3) ATTACHMENT A CITY OF SANTA CLARITA FY 2006-07 MIDYEAR REQUESTS LINE ITEM DETAIL DEPT. FUND DIV/ SUBDIV ACCT EXPENDITURES Increase DESCRIPTION Decrease REVENUES Increase Decrease AS 352 6172 Drainage BenefitAsses#3 12 AS 352 6173 Drainage BenefitAsses#6 2,257 AS 352 6174 Drainage Benefit Asses#1 8 5,894 AS 352 6175 Drainage Benefit Asses#1 9 14 AS 352 6176 Drainage BenefitAsses#20 2,696 AS 1 352 6178 1 Drainage Benefit Asses 22403 My PW ... h" 353 SI+SS,' .T-' :d, l„nr�+ i�'a`,,, ! t!npa`. lEtt dt., ,`"r h,.,:,.j".'if'd,n?t, 4514Sig Fees 307,24 81 lizoilnl eessx ndaih. AS . 401 VIRj 1 :N 6181 , H R. . l, Lmd Dist #1 -Zone 1 43,9351 AS 401 61810 Lmd Dist #1 - Zone T2 6,52 AS 401 61811 Lmd Dist #1 - Zone T3 7,9451 AS 401 61812 Lmd Dist #1 - Zone T4 6,1331 AS 401 61813 Lmd Dist #1- Zone T5 7,3621 AS 401 61817 Lmd District#1 Zone#T6 4,9961 AS 401 61818 Lmd District#1 Zone#T7 17,50 AS 401 61819 Lmd District #1 Zone #T9 8,28 AS 401 6182 Lmd District #1 -Zone 2 20,4821 AS 401 1 61820 Lmd District #1 Zone#T1 55,231 AS 401 61821 Lmd-Zone #T8 Val Summit 38,0281 AS 401 61822 Lmd-Zone #T10 Ave. Stanfo 9,8461 AS 401 61823 Lmd-#T17 Rainbow Glen 1,31 AS 401 61824 Lmd-#T29 Am. Beauty Villa 2,80 AS 401 61826 Lmd-#T31 Shangri-La 7,3061 AS 401 61827 Lmd-#T42A Circle J Ranch 17,43 AS 401 61828 Lmd-#T42B Circle J Ranch 3,0791 AS 401 61829 Lmd #7 Woodlands 31,371 AS 401 1 6183 Lmd District #1 -Zone 3 3,32 AS 401 61830 Lmd #8 Friendly/Sierra 4091 AS 401 61832 Lmd #10 Soledad Ent Ctr 44,33 AS 401 61833 Lmd Zone T42C-Circle J 2,46 AS 401 61835 Lmd Areawide #2 83,65 AS 401 6184 Lmd District #1 -Zone 4 17 AS 401 6185 Landscape Maint Dist #5 11,41 AS 401 6186 Lmd District#1 -T23 30,18 AS 401 6187 Lmd District#1 -T23A 10,711 AS 401 1 6188 Lmd District #1-T23B 3,68 AS 401 6189 Lmd District #1 - T46 65,611 AS 401 2915 8015 Demonstration Project Using Artificial Turf In 20,000 Medians AS 401 2901 8006 Centre Point Landscape Maintenance District- 15,200 To Provide Maintenance For Ivy Wall And Slope Abutment 450 ,. ,2 P3021 8001 ,tdlE't'u;4 s ht F',4:: t nHi':1 .i�.Y4 ...:.. Santa Clara River Feasibility Study- Project (75,000) Savings Going Baric To Fund Balance �. iN'.. FAS i::� 452 �yy. ��}} �+t' ° is SL .G Gill;t6:. OVENUN 4511 -, Developer Fees 116.7061 452 5110 TDA ANde 3 (Bikeways) 45,521t !:453 .. s: ?l:;'a:rvr ilt, ..OT 'a!BI . 11(iNS"(: ,ej t r;E� r i d 'a 5020 Beautlfication Grant Program 71,492 453 5054 Tobacco Control 57,941 453 5105 Beverage Recyding Grant 96,97 453 5212 1 HERR Grant 6,659,591 12/42006 Page 3 of 4 Attachment A Revised 11-29-06(3) ATTACHMENT CITY OF SANTA CLARITA FY 2006-07 MIDYEAR REQUESTS LINE ITEM DETAIL DEPT. FUND DIV/ SUBDIV ACCT DESCRIPTION EXPENDITURES Increase (Decrease) REVENUES Increase (Decrease) ASI 453 6714 Miscellaneous Revenues 149,550 AS 1 455 gg,7 ,to!!k �N gg 5�uff-qmu. l{ySfl�,U 4511 Developer Fees 11,66-8,2211 P&R 455 2401 South River Trail - increase Budget And Reclass 1 $200,000 Received In GF to Fund 455 200,000 CIP 455 M0052 $001 2006-07 Overlay - Transfer From Fund 455 To Fund 201 (350,000) PRCS 455 E1002 8001 South River Trail 200,000 Self Insurance 602 R-0:011ir RE, 6810 Reduce Transfer From GF By $2,000,000 (2,000,000) AS 1 801 1 V-1 FUND! 5010 HN Fell 777,77 g_7,7 77 7,g7,7,7,g7,,�,;, 0,; -�775 77 72 im � ,� 7e.T7 7 777 ASI Reimbursement -17gir -,il - -.7 7,�! 7 -1 7-1, "" ff20 glq (28,210 AS' 801 5214 Misc Federal Grants 1,280,558 AS 801 6301 Farebox Revenues (90,684 AS 801 6305 Metrolink Transfers (6,882 AS 801 6306 D -A -R Farebox Revenues (1,664 AS 801 6307 Commuter Passes 233,671 AS 801 6309 Route 8 - JARC 157,121 AS 801 6310 [Route 8 - JARC Match 78,561 AS 801 — 6714 Miscellaneous Revenues (1,265,351) AS 801 1 6716 Transit Mitigation Fee 93,092 AS 801 6810 Operating Transfers In 1,651,721 AS 801 2460 Various Commuter Express & Dial -A -Ride Service 428,290 AS 801 2460 7315 Provides for Park and Ride Spaces at Downtown Newhall's Farmer's Market 12,000 AS --:OTA"RAN 901 51 4013 „IS}Y{..-14111�v ilTNINIj-, 40 44W, Property Tax Increment *110F 355,654 910 6810 Transfers In 161,142 AS 11 -- ;11 950 VIT N-7 1 -.1. -77""777 E. 711� 17 i � 4013 Property Tax Increment 88,914 ALL ODE WVIPIOU 'HOU, N IP MEW, F 1-117, T i"! O'd Oft. !R, 110 &!,�, HTE �!`HUIH,114-11, 1,85i�ij-,,,- Hu� 111,44Ju:12 3.3% Cost Of Living Adjustment And Increase In Various Cafeteria Allowance To $913.12 Per Month Per I I Employee. RMT1 H7 653,919 RENEW "IS1.1.016 7,7 -�jlg —77""7= 777fin,& MEN M MMEAPIAM".ON iiih�&M fiRd WE-Ift, f5i �; mgi �M , 1671o"10 1214/2006 Page 4 of 4 Attachment A Revised 11-29-06(3)