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HomeMy WebLinkAbout4.08 BudgetChangeFY02-03a CITY CLERK File # EIM&a-0M AGENDA STATEMENT CITY COUNCIL MEETING DATE: January 20, 2004 SUBJECT: Final Budget Changes For Fiscal Year 2002-2003 Report Prepared By: Carole A. Perry, Administrative Services Director and Fred W. Marsh, Finance Manager ATTACHMENTS: Budget Change Forms RECOMMENDATION: /q,. Approve the Budget Changes FINANCIAL STATEMENT: See Report. DESCRIPTION: Staff has reviewed the Preliminary Financial Reports and the Auditors have prepared the Final Comprehensive Financial Report for the Fiscal Year ending June 30, 2003. Staff is requesting year end adjustments at this time as current City policies only allow the City Manager to make budget adjustments between line items which are within the same activity (i.e. Department). The City Council must approve all other adjustments to appropriations. It is important to note that these changes will not result in General Fund expenditures being in excess of revenues. The Final Fiscal Year 2002-2003 results for all funds will be included in the City's annual financial report, which is also on the January 20, 2004 City Council agenda. Proposed Aduustments Many of the adjustments discussed in this section of the report were anticipated in the information presented in the Preliminary 2003-2004 Fiscal Year Budget and Financial Plan. Most of the adjustments relate to situations where the total spending in a particular Activity (i.e. Department or Project) exceeded the total budget. If a budget imbalance occurred between line items within the same Activity a formal budget change is not required. The Staff Report will describe changes by both Fund and Program, beginning with the General Fund. GENERAL FUND (001) General Government: Increase by $190,506 City Attorney (10300) expenditures were approximately $164,746 higher than budgeted due to higher than expected legal costs for new development projects occurring within the City and higher than anticipated expenditures incurred on litigation and other legal professional services. The additional expenditures incurred on new development were reimbursed to the City through additional fees assessed on new development. Building Management (10500) expenditures were approximately $25,760 higher than budgeted due to expenditures incurred for repairs and mold removal at the Civic Center and Police Department which were not anticipated as part of the original budget. ------------------------------------------------------------------------------------------------------------- COPIES TO: ITEM NO. G:\Audit\FY 02-03\cafr\agenda preliminary year end budget changes2.doc PI Public Safety: Increase by $40,889 Police Services (20100) expenditures are expected to be apprOximatelY $46,905 higher than budgeted due to higher than anticipated costs incurred for contract police personnel. Transportation: Increase by $22,177 The expenditures in Transportation were approximately $22,177 oVer budget due to higher than expected expenditures incurred for contract public works administration (30100) and Street Tree Maintenance (30400). Capital Improvement Proiects: Increase by $1,460 Capital projects with budget variances are discussed in detail below. Capital Amount of Project Adjustment Explanation of Variance Name of Capital Project Number Required (If over $5,000) Police Records Shelving 93173 $772 Document Storage and Retrieval 93970 $688 sUMMARY OF GENERAL FUND CHANGES The total additiOnal appropriation in the General Fund for all activities is $255;032, Even with these additional expenditures the budget will be balanced and General Fund revenues will exceed General Fund expenditures. SPECIAL REVENUE AND CAPITAL PROJECT FUNDS The following sections summarize Budget Changes required in various Special Revenue, Capital Project and Enterprise Funds. The City financial records currently account for revenues and expenditures in over twenty different Special Revenue and Capital Project Funds. These funds are used when there are special restrictions on the expenditure of the funds and accounting for them separately provides a clear record for the auditors and for City reporting purposes. State COPs Grant Fund (202) Increase of $5,302 This fund is utilized for the State portion of Police related expenses associated with the Police bicycle patrol unit. Unanticipated funds were carded over from Fiscal Year 2001-2002 to pay for this program. Therefore an additional budget adjustment of $5,302 in expenditures has been requested. As noted above, the General Fund line item budget for police contract personnel was decreased by the same amount. Federal Cops Grant Fund (203) Increase of $714 This fund is Utilized for the Federal portion of Police related expenses associated with the Police bicycle patrol unit. Unanticipated fimds were carried over from Fiscal Year 2001-2002 to pay for this program. Therefore an additional budget adjustment of $714 in expenditures has been requested. As noted above, the General Fund line item budget for police contract personnel was decreased by the same amount. California Law Enforcement Equipment Program (CLEEP) Grant Fund (204) Increase of $3,920 This fund is utilized for the state grant funds provided for the purchase o£ technology related items for police divisions. Unanticipated funds were carried over from Fiscal Year 2001-2002 to pay for this program. Therefore an additional budget adjustment of $3,920 in expenditures has been requested. Traffic Safety Fund (205) Increase of $2~989 This fund is utilized to account for the receipt of traffic fines and traffic 'Safety expenditures. This fund incurred approximately $2,989 of expenditures for the installation of Pedestrian Signal improvements which were not included as part of the original budget. Therefore an additional budget adjustment of $2,989 in expenditures has been requested. Gas Tax Fund (206) Increase of $38~215 The variance in this fund is due to higher than anticipated street repair expenditures incurred for work performed on various streets within the City including the Dublin Boulevard Widening Project from Village Parkway to Sierra Court. Therefore an additional budget adjustment of $38,215 in expenditures has been requested. Transportation Development Act (TDA Fund (211) Increase of $240 This fund was established to account for Transportation Development Act grant receipts and construction expenditures for bike paths. The variance in this fund is due to additional grant funds becoming available to partially fund the costs of the Alamo Canal Bike path. Therefore additional budget adjustments of $240 in both revenue and expenditures have been requested. Federal Emergency Management Agency (FEMA Fund (212) Increase of $259 The variance in this fund is due to timing differences in expenditures incurred for disaster planning. These expenditures are reimbursable from a two year grant obtained from the Office of Homeland security. Therefore an additional budget adjustment of $259 in expenditures has been requested. State Transportation Improvement Program (STIP Fund (219) Increase of $5,459~289 and a corresponding decrease of the same amount in the Traffic Impact Fee Fund (300). A Budget Transfer of $5,459,289 is proposed to be made between the two funds noted above to correctly account for grant fimds received for expenditures incurred on the Tassajara Road Freeway Interchange capital improvement project. The majority of the funding for this project for Fiscal Year 2002-2003 was previously accounted for in the Traffic Impact Fee (TIF) Fund. However after further discussion with the City's auditors during the interim phase of the City's audit in July, it was determined that these expenditures should be recorded in the STIP fund. This adjustment was made to reflect the fact that the City was using its TIF funds to purchase grant funds at a discount from other governmental agencies for use on the Tassajara Road Freeway Interchange project. As a result of the purchase of these additional grant funds at a discount, the City anticipates using over $700,000 LESS in Traffic Impact Fees for the completion of this project. National Pollution Discharge Elimination System 0NPDES) Fund (222) Increase Transfers Out by $126 to General Fund The monies collected in this fund represent prior year NPDES assessments and penalties collected during Fiscal Year 2002-2003. These monies are transferred to offset a small portion of the City's Non Point Source Pollution Program funded by the General Fund. Therefore an additional budget adjustment of $126 to Transfers Out has been requested. Garbage Service Fund (225) Increase of $31~349 The Garbage Service Fund was established to account for the use of funds received which are levied by the county for garbage pick-up and removal and recycling services. The variance in this fund is due to higher than expected growth in residential garbage services, which was offset by a similar amount of growth in revenue for this fund. Therefore an additional budget adjustment of $31,349 in expenditures has been requested, Measure B Bike and Pedestrian Fund (227) Increase of $1,689 The variance in this fund is due to higher than anticipated expenditures incurred for the Alamo Canal Bikepath to 1580 project. Therefore an additional budget adjustment of $1,689 in expenditures has been requested. Congestion Management Agency (CMA) Fund (228) Decrease of $358,000 These funds were originally anticipated to be incurred in Fiscal Year 2002-2003, but approximately $358,000 of the $400,000 originally budgeted was actually incurred during Fiscal Year 2001-2002 as part of initial work performed on the Dublin Boulevard Widening project from Village Parkway to Sierra Court. These funds were used in place of ISTEA funds (Fund 210) that were originally budgeted for this project. These expenditures will be offset by grant funds that will be received from CMA for this project. Therefore budget adjustments of $358,000 in both revenue and expenditures have been requested. Traffic Impact Fee Fund (300) Increase by $2,514,182 and a Corresponding Increase of $4,230,000 A budget adjustment of $66,070 is proposed for 'thc Dublin BoUlevard Widening project from Village Parkway to Sierra to reflect additional dedicated 'traffic impact fees received from new development that were not anticipated as part of the original budget. These additional fimds will reduce the funding requirements 5rom other funds necessary for completion of this project. The East Dublin ROW Acquisition project (96650) was $2,448,112 over budget due to higher than anticipated land and legal costs incurred for acquiring land for streets right of way, which were offset by additional funds received from developers responsible for the reimbursement of these costs to the City. The proposed $4,230,000 increase in the Traffic Impact. Fee Fund reflects an adjustment to correctly account for the payment of advances received from developers as a partial reimbursement to the Congestion Management Agency for grant monies that were received on the Tassajara Road Freeway Interchange capital improvement project. This adjustment was made after further discussion with the City's auditors during the interim phase of the City's audit in July, as discussed previously in the variance analysis section on Fund 219 above. Fire Impact Fee Fund (320) Increase by $938 The variance in this fund is due to final costs incurred for completion of the Fire Fee Study update which were originally expected to be incurred in Fiscal Year 2001-2002. Note that all expenditures in this fund are funded solely from fire impact fee revenues received from development. Therefore an additional budget adjustment of $938 in expenditures has been requested. Housing In Lieu Fund (380) InCrease by $10,953 The variance in this fund is due to higher than expected costs incurred in legal expenditures related to updates to the City's Affordable Housing and In Lieu fee program. Note that all expenditures in this fund are funded solely from housing in lieu fees received from development. Therefore an additional budget adjustment of $10,953 in expenditures has been requested. Dublin Information Inc. (601) Increase by $20 The variance in this fund is due to biennial filing fees incurred for Dublin Information Inc. which were originally expected to be incurred during Fiscal Year 2001-2002. Therefore an additional budget adjustment of $20 in expenditures has been requested. Assessment District Funds (515 and 710-717) Increase $7~661 Expenditures in various divisions of'the Assessment District funds were over budget by a total of $7,661 due to higher than anticipated expenditures incurred by staff and contract personnel in the administration of Proposition 218 election requirements relating to proposed increases in assessments, as well as additional expenditures incurred by contract personnel for administration, landscaping and street lighting maintenance services. Sufficient reserves are available in the individual assessment, district funds to fund these additional proposed appropriations. Therefore additional budget adjustments totaling of $7,661 in expenditures to various assessment districts have been requested. RECOMMENDATION Attached arc Budget Change forms which will allow for amendments to the budget consistent with this report. Staff recommends that the City Council receive this report and authorize the Mayor to execute thc attached budget changes. This information will be reflected in the Final Comprehensive Annual Financial Report, which is anticipated to be presented to Council in January 2004. CITY OF DUBLIN BUDGET CHANGE FORM CHANGE FORM #: New Appropriations (City CoUncil Approval Required): Budget Transfers: From Unappropriated Reserves Fund # __ From Budgeted Contingent Reserve (1080-799.000) From New Revenues Within Same Department Activity Between Departments (City Council Approval Required) Other CMA TIP Funds - Dublin Bird Village to Sierra - General Fund - City Attorney - Name: Improvements Not Buildings 358,000 Name: Professional Service 54,000 Account: 228-96920-750-050 Account: 001.10300.741.000 General Fund -City Attorney - Name: REVENUE CMA TIP Funds 358,000 Name: Litigation 29,000 Account: 228.555.016 Account: 001.10300.741.001 Traffic Impact Fee Fund - Tassjara General Fund - City Attorney - Name: Interchange - Improvements 5,459,289 Name: Reimbursable 81,746 Account: 300-96420-750-050 Account: 001.10300.741.003 General Fund - Building Management Name: Name: Contract Services General 25,760 Account: Account: 001.10500.740.000 General Fund - Police - Contract Name: Name: Personnel 46,905 Account: Account: 001.20100.740.001 General Fund - Public Works Name: ~ Name: Contract Services Supervision i5,851 Account: Account: 001.30100.740.029 General Fund - Street Tree Name: Name: Maintenance - Contract Services 6,326 Account: Account: 001.30400.740.000 General Fund - Police Records Name: Name: Shelving - Improvements 772 Account: Account: 001.93173.750.062 General Fund - Document Storage and Retrieval - Contract Services Name: Name: General 688 Account: Account: 001.93970.740.000 G:kAudit~FY 02-03\cafr\budget change form year end adjustments.xls ] of 4 1/5/2004 11:28 AM CITY OF DUBLIN 2 BUDGET CHANGE FORM CHANGE FORbl #: New Appropriations (City Council Approval Required): Budget Transfers: From Unappropriated Reserves Fund # __ From Budgeted Contingent Reserve (1080-799.000) From New Revenues Within Same Department Activity Between Departments (City Council Approval Required) Other State COPS Fund - Police - Contract Name: Name: Personnel 5,302 Account: Account: 202.20100.740.001 Federal COPS Fund - Police - Name: Name: Contract Personnel 714 Account: Account: 203.20100.740.001 CLEEP Grant Fund - Police - Name: Name: Machinery and Equipment 3,920 Account: Account: 204.20100.750.073 Traffic Safety - Traffic Signals - Name: Name: Improvements Not Buildings 2,989 Account: Account: 205.20400.750.050 Gas Tax - Street Maintenance - Name: Name: Drainage Maintenance 5,000 Account: Account: 206.30200.740.021 Gas Tax - Street Maintenance - Sign Name: Name: Repair 14,003 Account: Account: 206.30200.740.024 Parkway to Sierra - Construction Name: qame: Admin 19,212 Account: Account: 206.96920.740.081 Name: Name: REVENUES TDA Grant Revenue 240 Account: Account: 211.555.011 TDA Fund - Alamo Canal Bike Path - Name: Name: Improvements 240 Account: Account: 211.96772.750.050 Name: Name: FEMA Fund - Contract Services General 259 Account: Account: 212-20500-740-000 STIP Fund - Tassajara Interchange - Name: Name: Improvements Not Buildings 5,459,289 Account: Account: 219-96420-750-050 REVENUE - STIP Fund - Name: Name: Intergovernmental Grant from State 5,459,289 Account: Account: 219-555-016 G:XAudit~FY 02-03\cafr\budget change form year end adjustments.xls 2 of 4 1/5/2004 11:28 AIvI CITY OF DUBLIN BUDGET CHANGE FORM CHANGE FORM #: New Appropriations (City Council Approval Required): B~/dget Transfers: From Unappropriated Reserves Fund # __ From Budgeted Contingent Reserve (1080-799.000) From New Revenues Within Same Department Activity Between Departments (City Council Approval Required) Other Name: Name: Transfers Out - NPDES Fund 126 Account: Account: 222.10000.799.099 Name: Name: Garbage Service Fund - Contract Services 31,349 Account: Account: 225-50200-740-000 Name: Name: Alamo Canal Bikepath to 1580 1,689 Account: Account: 227.96772.701.001 REVENUE Traffic Impact Fee Fund - Name: Name: Reimbursements - General 2,448,112 Account: Account: 300.570.005 Traffic Impact Fee Fund - Contract Name: Name: Services General 4,230,000 Account: Account: 300-10000-740-000 Traffic Impact Fee Fund - East Dublin ,, ROW Acquisition - Right of Way Name: Name: Services 248,112 Account: Account: 300.96650.740.083 Traffic Impact Fee Fund - East Dublin Name: Name: ROW Acquisition - Land 2,200,000 Account: Account: 300.96650.750.010 Traffic Impact Fee Fund - Dublin Bird Village Parkway to Sierra - Name: Name: Construction Admin 66,070 Account: Account: 300.96920.740.081 Name: Name: Fire Fee Study Update 938 Account: Account: 320.94510.728.000 , Housing In Lieu Fund - City Attorney - Name: Name: Professional Services 10,953 Account: Account: 380.10300.741.000 Dublin Bird Extension - Interest Name: Name: Payments 3,072 Account: Account: 515.10000.732.000 G:XAuditWY 02-03\calf\budget change form year end adjustments.xls 3 of 4 1/5/2004 11:28 AM CITY OF DUBLIN BUDGET CHANGE FORM CHANGE FORM #: New Appropriations (City Council Approval Required): Budget Transfers: From Unappropriated Reserves Fund # __ From Budgeted Contingent Reserve (1080-799.000) From New Revenues Within Same Department Activity Between Departments (City Council Approval Required) Other Dublin Bird Extension - Gontract Name: Name: Services 1,050 Account: Account: 515.10000.741.000 Name: Name: Dublin Information Inc. - Filing Fees 20 Account: Account: 601.10800.730.000 Dougherty Assessment District - Street Landscape Maintenance - Name: Name: Water and Sewer 3,194 Account: Account: 713.30500.725.010 Santa Rita Assessment District - Engineering - Assessment District Name: Name: Engineering 148 Account: Account: 716.90300.740.074 Eastern Dublin Assessment District - Engineering - Assessment District Name: Name~ Engineering 197 Account: Account: 717.90300.740.074 Name: Name: Transfers In - General Fund 126 Account: Account: 001-599-000 Total 6,175,289 Total 20,476,661 Reason for Budget Change: These represent the final year end budget adjustments for the Preliminary Financial Report for Fiscal Year 2002-2003. City Manager: Date: Signature Mayor: Date: Signature Posted By: Date: G:k~udithvY 02-03\cafr\budget change form year end adjustments.xls 4 of 4 l/5/200411:28 AM