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Item 8.3 Budget Rept Dec Fin Rpt
G~~~ OF DUB~~ A#~ 19~(e~1=; =71~)~ 2 O`~LIFOR~~ STAFF REPORT CITY C L E R K DUBLIN CITY COUNCIL File # ^ 3^®^0 -®© DATE: April 6, 2010 TO: Honorable Mayor and City Councilmembers FROM: Joni Pattillo, City Manager SUBJECT: Fiscal Year 2009 - 2010 Mid-Year Budget Report and December 2009 Monthly Report of Financial Activities Prepared By: Vivian Gong, Finance Manager and Paul S. Rankin, Administrative Services Director EXECUTIVE SUMMARY: Staff has prepared a detailed Mid-Year Budget Review to identify any material deviations from the adopted Fiscal Year 2009 - 2010 Budget. The primary focus of the report is on the General Fund, which accounts for the majority of city operations. Staff has identified proposed adjustments to Revenues and Expenditures. This item also provides the report of the financial statements for the month of December 2009. FINANCIAL IMPACT: This item requires a $330,750 appropriation from General Fund reserves. Detailed financial information can be found within the Staff Report and the Attachments. RECOMMENDATION: Staff recommends that the City Council (1) Receive the Report as authorized by Section 41004 of the California Government Code and (2) Approve the Budget Changes. r~r` v V ~/ Submitted By: Re ewed By: Administrative Services Director Assistant City Manager DESCRIPTION: This item provides the report on the financial statements for the month of December 2009 with a more detailed "Mid-Year Budget Review". It should be noted that there is not an even distribution of revenues and expenditures on a monthly basis. There is also a lag with the reporting of expenditures due to the significant amount of services provided to the City by outside independent contractors, including Police and Fire Services. Page 1 of 10 ITEM NO. . ?J 'i The focus of the Mid Year review will be adjustments to the General Fund Revenues and Expenditures, which represent the most significant portion of the City's operations and where there is adequate information available to suggest a revised budget at this time. This report also discusses downward adjustments that are recommended to the projection of Development Impact Fees, which are based on fewer permits being issued. All of the proposed adjustments rely upon estimates and only partial actual data for the current year. The proposed adjustments are expected to bring the broad categories of revenues in line with the projections, in cases where the result is considered material. Summary of General Fund Results This report will present in detail the adjustments required to both Revenue and Expenditure budgets. As has been a theme throughout governments at all levels, the economic downturn is having an impact on the City of Dublin. General Fund on-going operating revenue is projected to require a net downward adjustment of $190,470. The decrease is comprised of both positive and negative adjustments related largely to development related services and reductions in tax revenue. At this time no adjustment is recommended for the Property Tax and Sales Tax categories. The lag in collections and reporting of these revenues make it difficult to suggest a revision at this time. Staff will monitor collections over the next two months which will provide additional data. Expenditures in the General Fund are expected to require additional appropriations of approximately $140,280. This figure is the net impact of additional expenditures as well as cost savings in contract services recommended in Police and Building and Safety. The net impact of the adjustments proposed to the General Fund is negative and, depending on the final expenditures and revenues in other line items, may increase the amount required to be funded from the Economic Stability Reserves. If there are savings in expenditures or other revenues exceed the budgeted amount less will be required from reserves. Staff projects that the worst case net impact will require an additional $330,750 from reserves (Revenue underperforming by $190,470 and additional expenditures of $140,280). As previously discussed the City is also awaiting additional data to assess whether Property Tax and Sales Tax revenue will meet the current Budget estimates. REVISIONS TO REVENUE ESTIMATES -GENERAL FUND The following narrative provides additional analysis about the trends in the major revenue categories, which are also shown graphically in December 31, 2009 General Fund YTD (Year- To-Date) Revenues /Budget Comparison (see Attachment 1). • Property Taxes (Adopted Budget Estimate = $21,467,750) fNo change proposed at this timel (Category represents approximately 48% of budgeted General Fund Revenues) As of December 2009, the City has only received the first advance of the Fiscal Year 2009-2010 secured taxes. Based on historical trends and the amount collected for this period, Staff is projecting that general property tax collection should meet the budgeted amount. However, data on Supplemental Taxes, which are collected based upon mid- year adjustments as a result of real estate sales transactions, is not available at this time to allow assessing the potential for further reductions required for Supplemental taxes. The budget for supplemental property taxes is $505,000 and represents a 20% decrease from the amount collected in the prior year. The City will not receive any clear data reflecting delinquent payments until late April 2010. Staff will be working with the Page 2 of 10 Alameda County Assessor to obtain input on assessed value trends expected in Fiscal Year 2010-2011. • Sales Tax (Adopted Budget Estimate = $10,652,100) [No change proposed at this timel (Category represents approximately 24% of budgeted General Fund Revenues) The only site specific sales tax data currently available covers retail sales that occurred between July and September 2009. The City will not receive sales tax data for the period ending December 31, 2008 until after the preparation of this report. Typically fourth quarter sales represent the largest quarter for many consumer retailers due to the holiday shopping season; however national and state trends indicate that sales not significantly different from the previous year. The budget for the current year reflects a 13% decrease from the actual sales tax recorded last year and Staff is recommending no adjustment to the budget for sales tax at this time. Transient Occupancy Tax (Adopted Budget Estimate = $575,000) [Recommend Decrease in Revenue ($91,000)1 (Category represents approximately 1 % of budgeted General Fund Revenues) Transient Occupancy Tax (TOT) is collected from hotels in the City. It is common for this revenue to decline in periods of economic decline. The amount originally budgeted for the current year was roughly the same as the $577,060 received in the previous year. Unfortunately revenues have continued to decline. The projection is that the TOT will be $91,000 less than the current budget. This projection is based on an analysis of collections through January 2010. • Franchise Taxes (Adopted Budget Estimate = $2,215,000) [Recommend Decrease in Revenue ($55,000)1 (Category represents approximately 5% of budgeted General Fund Revenues) The recommended downward adjustment to this category is related to a decrease of ($90,000) for Garbage Franchise tax revenue, offset partially by a projected $35,000 increase in cable television tax revenue. The decrease in garbage franchise taxes is typical in a recession where there are fewer commercial users and construction activity has declined. The positive change in Cable Television franchise fees represents continued growth in subscriptions to services provided by Comcast and AT&T. • Licenses ~ Permits (Adopted Budget Estimate = $1,625,211) [Recommend Decrease in Revenue ($10,00011 (Category represents approximately 4% of budgeted General Fund Revenues) The net change in this category is a combination of Planning, Building, and Encroachment permits, with declines in Building Permits being largely offset by increases in other permits. Building Permits, which account for the majority of revenue in this category, are projected to decrease by $90,000. This is expected to be partially offset by an increase in Planning Permits of $40,000 and an increase in Encroachment Permits of $40,000. These revenue shortfalls are anticipated to be offset by decreased expenditures for contract inspection services as will be discussed as part of the analysis of expenditures. Page 3 of 10 Fines 8~ Forfeitures (Adopted Budget Estimate = $140,000) [No change proposed at this timel (Category represents 0.3% of budgeted General Fund Revenues) This category only relates to General Fund revenues. It currently appears that the revenue to be received from general fund fines and forfeitures will meet the original budgeted forecast. Additional discussion related to Vehicle Code Fines will be discussed later in this report. • Interest Sz Rentals (Adopted Budget Estimate = $1,558,707) [Recommend Increase in Revenue $30,0001 (Category represents approximately 3% of budgeted General Fund Revenues) Interest Revenue represents 79% of the total budgeted revenue in this category. At this time no adjustment is recommended to the projected interest revenue. Therefore the entire recommended positive adjustment of $30,000 is related to rental income collected for the use of City facilities. The adjustment consists of a decrease of $30,000 in projected revenue from rental of sports fields, which is fully offset by a projected increase of $50,000 in rentals of City buildings including Shannon Center and a $10,000 increase in Picnic Area Rentals. • Intergovernmental Revenues (Adopted Budctet Estimate = $1,157,870) [Recommend Increase in Revenue $8,4901 (Category represents approximately 3% of budgeted General Fund Revenues) The majority of this category is related to a one-time capital grant of $645,200. A minor adjustment is proposed to reflect the receipt of a Police Enforcement Grant of $8,490, which was used for costs associated with Police Services overtime Staff costs associated with the "Avoid the 21" enforcement program aimed at deterring drivers from operating vehicles when they are impaired. • Charges for Services (Adopted Budctet Estimate = $4,742,524) [Recommend Decrease in Revenue ($72,960)1 (Category represents approximately 11 % of budgeted General Fund Revenues) This category includes a wide variety of fees and charges. Approximately 59% of the revenue in this category is related to the following activities: Planning Zoning & Subdivision Fees; Engineering Plan Check and Inspection Fees; and Fire Plan Check Fees and Fire Services to Santa Rita Property. Approximately 35% of the total revenue in this Category is related to Parks & Community Services Programs. At this time the adjustment includes both positive and negative adjustments which, when combined, equal a negative adjustment of $72,960. The following adjustments are recommended for development related Charges for Services: Increase: Planning and Zoning Application Processing: + $250,000 Reduce: Engineering Plan Check and Inspection: - 340 000 Net Impact (Negative) - $ 90,000 Page 4 of 10 The Planning Department continued to have activity with projects seeking land use entitlements, which results in an increase in the revenue estimate for Planning and Zoning. The impact to the revenue will be offset by additional expenditures for Consultant Services and Legal costs associated with processing the applications. The Engineering work typically occurs with plan and field inspection once the project is closer to being underway. The level of actual activity for Engineering substantially declined, resulting in the need to reduce the revenue by $340,000. The City recovers costs associated with providing Fire Services to the County Sheriffs property which includes the Santa Rita Jail is not on the City's property tax roll. The current budget estimated these costs at $800,000. The charges are based on the number of calls occurring in the previous year. Based on revised estimates, the charges for these services are expected to be $54,460 less than the budget. The City collects a Waste Management administrative fee which was budgeted at $148,000. Based on reductions in waste management billings, the City estimates a reduction in this revenue of $8,500. The reductions associated with Parks & Community Services programs consists of both positive and negative adjustments, based on projected program participation. The following are the proposed adjustments: Family Programs (Reduce Budget): -$40,000 Aquatics Programs (Reduce Budget): -$30,000 Preschool Programs (Increase Budget) $100,000 Sports Programs (Increase Budget) 50 000 Net Increase Parks & Community Services Programs $ 80,000 In the case of the Preschool programs there were also additional costs required to accommodate a larger than expected enrollment. However expenditure savings in other Parks and Community Services programs will avoid the need to adjust the Preschool expenditures. Summary General Fund Revenue Adjustments The following summarizes the Total General Fund Revenue adjustments as part of the mid-year report. The individual items are also listed in the Budget Change Form (Attachment 4). Pro ert Taxes None at this time Sales Taxes None at this time Real Pro a Transfer Tax None at this time Transient Occu anc Tax Minus $ 91,000 Franchise Taxes Minus $ 55,000 Licenses & Permits Minus $ 10,000 Interest & Rentals Plus $ 30,000 Inter overnmental Plus $ 8,490 Char es For Services Minus $ 72,960 Other Revenues None at this time TOTAL NET ADJUSTMENTS General Fund Revenue MINUS $190,470 Page 5 of 10 PROPOSED REVENUE CHANGES -OTHER FUNDS (Non- General Fund) Based on the mid-year analysis it is appropriate to also adjust the revenue projected in some of the Special Revenue and Capital Impact Fee Funds. • Traffic Safety Fund #2106 (Vehicle Code Fines) (Adopted Budget Estimate = $181,000) [Recommend Decrease in Revenue $52,000] The City receives a portion of fines and forfeitures collected by the courts from Vehicle Code violations. These funds cannot be used to fund Police Officers and State law contains a listing of authorized uses. The City of Dublin typically programs the expenditure of these funds towards the cost of traffic signal maintenance and repair. Based on collections to date a reduction of $52,000 is recommended for this revenue. This will result in less Traffic Safety funding available for Signal Maintenance, which will put pressure on other funds in the future to balance the expenditures required. • Garbage Service Fund #2303 (Residential Garbage & Recycling) (Adopted Budget Estimate = $1,675,000) [Recommend Increase in Revenue $20,000] The City levies the cost of basic garbage and recycling services on the property tax roll for individual housing units (those without centralized commercial bin service). The final tax roll included more units than were originally anticipated. As a result revenues collected are projected to be higher. This will be offset by additional expenses to the garbage company as the expenditures were originally based on fewer units. • Traffic Impact Fees Fund #4305 (Dougherty Valley Fees) (Adopted Budget Estimate = $680,000) [Recommend Decrease in Revenue $200,000] The City receives mitigation funds from development occurring. in the Dougherty Valley area of Contra Costa County. The fees, paid as building permits are obtained and remitted to the City on a quarterly basis, are used for capital projects associated with traffic improvements to relieve impacts from Dougherty Valley Traffic. Based upon collections and the overall slow down in development, a reduction of $200,000 is recommended. • Traffic Impact Fees Fund #4306 (Local Share - Tri-Valley Transportation Development Fees -Developer Contributions) (Adopted Budget Estimate = $129,810) [Recommend Decrease in Revenue $62,430] The City receives a portion of the Tri-Valley Transportation Fees collected from new development. Based on updated projections of the development to occur a reduction of $62,430 is recommended. Page 6 of 10 • Public Facility Fee Fund #4100 ( Public Facility & Park Land - Developer Contributions) (Adopted Budget Estimate = $6,127,430) [Recommend Decrease in Revenue $4,609,450] The City collects Public Facility Fees at the time of Building Permit and park land fees at the time of final map. The budget was adopted including an assumption that the Windstar (West Dublin BART residential project) would proceed with obtaining permits. The project has now been sold and the timeline for construction is uncertain. This will trigger the need for the Public Facility Fee Fund to borrow General Funds to be repaid with interest, in order to complete phase 1 of the Fallon Sports Park. The proposed adjustments to these Non-General Fund revenues have also been detailed in the Budget Change (see Attachment 4). REVISIONS TO EXPENDITURE ESTIMATES -GENERAL FUND OPERATING BUDGET The following narrative provides additional analysis about the trends in the major expenditure categories, which are also shown graphically in December 31, 2009 General Fund YTD (Year- To-Date) Expenditures /Budget Comparison (see Attachment 2). • General Government (Adopted Budget Estimate = $5,879,812) [Recommend Increase in Expenditures $412,5001 (Category represents approximately 13% of budgeted General Fund Operating Expenditures) Based on current estimates, two activities within the General Government Program will require an additional appropriation. 1) Legal Services estimated expenses are projected to be $194,000 more than the amount budgeted. Approximately $60,000 relates to additional planning project time as was discussed in the revenue section. The remaining $134,000 reflects additional time required for general legal services. 2) Insurance Services will require an additional appropriation of $218,500. The City is billed separately by Alameda County for liability insurance costs associated with the provision of contract services. The rate charged to the City increased significantly based on County cost allocation formulas. In the broader view of Alameda County contract services, the net impact of this adjustment will be offset by lower than expected Police Services contract costs as discussed in the next section. • Public Safety -Police (Adopted Budctet Estimate = $13,772,971) [Recommend decrease in Expenditures $500,0001 (Category represents approximately 30% of budgeted General Fund Operating Expenditures) The final costs for Police Services last year were less than estimated in the June 2009 Budget. Because the final costs were less than expected, the savings were also built into the projection for the current fiscal year. Although current estimates suggest reducing the budget by $500,000 in the current year, as mentioned in the previous section a significant portion of this savings is offset by additional County liability insurance charges. Page 7 of 10 Public Safety -Fire (Adopted Budget Estimate = $10,362,464) [No change proposed at this timel (Category represents approximately 23% of budgeted General Fund Operating Expenditures) Based on current estimates no change is recommended at this time. Public Safety -Other (Adopted Budget Estimate = $617,246) [No change proposed at this timel (Category represents approximately 1 % of budgeted General Fund Operating Expenditures) Based on current estimates no change is recommended at this time. • Transportation (Adopted Budget Estimate = $1,877,7831 [Recommend Increase in Expenditures $19,2901 (Category represents approximately 4% of budgeted General Fund Operating Expenditures) Included in the Transportation Program is the maintenance of Street Landscaping. Due to significant increases in water rates an additional appropriation of $19,290 is required. The original budget for water services was $118,470 and based on revised projections the total is projected to be $145,730. The adjustment requested reflects anticipated expenditure reductions on other line items in the Street Landscape Maintenance budget. Health & Welfare (Adopted Budget Estimate = $57,925) [No change proposed at this timel (Category represents approximately 0.1 % of budgeted General Fund Operating Expenditures) Based on current estimates no change is recommended at this time. Culture & Community Services (Adopted Budget Estimate = $7,642,134) jRecommend Increase in Expenditures $85,5501 (Category represents approximately 17% of budgeted General Fund Operating Expenditures) Culture and Community Services includes the following activities: Library Services, Heritage & Cultural Arts, Park Maintenance, Community Cable TV, and Parks & Facilities Development. An increase is proposed for two of the activities. 1) Community Television will require an additional $1,680 for estimated costs associated with televising City Council meetings. 2) Park Maintenance similar to the Street Landscaping Budget is being impacted by the increased costs of water for irrigation. An additional $83,870 is required based on updated estimates and will result in a total budget for water in City Parks of $475,010. With the additional of new parks in the coming year this expenditure item is expected to increase. Page 8 of 10 • Community Development (Adopted Budget Estimate = $5,292,762) (Recommend Increase in Expenditures $122,9401 (Category represents approximately 12% of budgeted General Fund Operating Expenditures) Community Development includes the following activities: Planning, Building and Safety, Engineering, and Economic Development. Adjustments are necessary in three of the activities consisting of increased appropriations in Planning and Engineering and a decrease in Building and Safety. 1) Contract Building Inspection expenditures are proposed to be reduced by $100,000. As discussed relative to Building Permit Revenue, there has been a reduction in permits issued which also reduces the need for contract services. 2) Planning requires an additional appropriation of $160,430. As a result of staffing reductions made as a part of the current budget the City has incurred $33,980 in Unemployment Insurance costs that were not budgeted. The City pays for Unemployment costs based on actual claims in-lieu of a payroll tax levied on all earnings. The second component of the increased Planning expenditures is $126,450 for Contract Services -Reimbursable. This was previously referenced in the revenue discussion regarding increased planning activities. 3) The Engineering adjustment is an additional $62,510 associated with Staff time that was originally anticipated to be incurred on Capital Projects. Since the projects were delayed more Staff time than was originally anticipated was incurred in the General Fund. Summary General Fund Operating Expenditure Adiustments The following summarizes the Total General Fund Operating Expenditure adjustments as part of the mid-year report. The individual items are also listed in the Budget Change Form (Attachment 4). General Government Additional $412,500 Police Minus $500, 000 Fire None at this time Other Public Safet None at this time Trans ortation Additional $ 19,290 Health & Welfare None at this time Culture And Communi Services Additional $ 85,550 Communi Develo ment Additional $122,940 TOTAL NET ADJUSTMENTS General Fund Ex enditures ADDITIONAL $140,280 PROPOSED EXPENDITURE CHANGES -OTHER FUNDS (Non- General Fund) Based on the mid-year analysis it is appropriate to also adjust the expenditures in some of the Special Revenue Funds. • Legal Services -Affordable Housing Fund (Adopted Budget Estimate = $30,750) (Recommend Increase in Expenditures $62,2501 City Attorney time is expended from the Housing Fund for general issues related to the City Affordable Housing program as well as the Arroyo Vista Redevelopment Project. Time expended on these activities is projected to be greater than was anticipated. Page 9 of 10 • Waste Management -Garbage Fund (Adopted Budget Estimate = $1,696,080) (Recommend Increase in Expenditures $20,0001 The City levies the cost of basic garbage and recycling services on the property tax roll for individual housing units (those without centralized commercial bin service). The expenditures from this fund reflect payments to the garbage company for services provided. The number of units being serviced is larger than was originally anticipated in the adopted budget. As mentioned in the revenue discussion earlier in this report, there is offsetting revenue anticipated for these additional expenses. • Landscape Maintenance- Stagecoach Road Assessment District Fund (Adopted Budget Estimate = $62,960) jRecommend Increase in Expenditures $2,8601 The Stagecoach Road Assessment District maintains landscaping in the subdivision adjacent to Stagecoach Road. The current projections indicate a need for an additional appropriation of $2,860. This will accommodate $2,290 in increased water costs and $570 in increased contract services. As part of the preparation for the Fiscal Year 2010-2011 Budget Staff will continue to assess changes in expenditures and revenue. It is anticipated that the City Council will consider budget issues at a special budget planning session tentatively scheduled for April 28, 2010. As part of the regular financial reporting Staff will also provide additional updates. NOTICING REQUIREMENTS/PUBLIC OUTREACH: None ATTACHMENTS: 1. December 31, 2009 General Fund YTD (Year-To-Date) Revenues /Budget Comparison 2. December 31, 2009 General Fund YTD (Year-To-Date) Expenditures /Budget Comparison 3. Financial Statements for the month of December 2009 4. Mid-Year Budget Change Page 10 of 10 FY 2009/10 FY 2009/10 % of FY 2008/09 Budget YTD Actual Budget YTD Actual Property Taxes 21,467,750 11,035,270 51°/D 11,331,753 Sales Taxes 10,652,100 4,494,834 42% 5,071,471 Real Property Transfer Tax 282,000 166,900 59% 142,997 Transient Occupancy Taxes 575,000 204,836 36°/D 270,832 Franchise Taxes 2,215,000 505,172 23% 523,716 Licenses and Permits 1,625,211 1,046,332 64% 991,803 Fines & Penalties 140,000 66,858 48°/D 64,244 Interest8<Rentals 1,558,707 652,821 42°/D 1,040,118 Intergovernmental 1,157,870 68,380 6°/D 63,057 Charges for Services 4,742,524 1,783,494 38°/D 3,317,743 Other Revenues 759,481 180,737 24°/D 1,094,568 Total General Fund Revenues 45,175,643 20,205,634 45°/D 23,912,302 of Total for FY 2008/09 49% 42% 56% 47% 24% 61% 45% 41 °/D 15% 54% 34% 46% Date Printed: 3/d2010 3 d0 PM ATTACHMENT 1 City of Dublin 2009-2010 YTD Expenses and Budget Comparison For the Period Ending December 31, 2009 Total General Fund 28% Expenses CIP Projects Community Development Culture & Community Services Health and Welfare 131% 43% 48% 44% 42% 29% 44% 26% 25% 26% 4% 46% FY 2009/10 FY 2009/10 % of FY 2008/09 Budget YTD Actual Budget YTD Actual General Government 5,879,812 2,581,988 44% 2,744,630 Police 13,772,971 712,560 5% 717,330 Fire 10,362,464 2,636,356 25% 2,480,264 Other Public Safety 617,246 103,763 17% 140,562 Transportation 1,877,783 827,462 44% 924,897 Health and Welfare 57,925 9,083 16% 19,189 Culture and Community Services 7,642,134 3,332,677 44% 3,175,223 Community Development 5,292,762 2,272,737 43% 2,973,662 CIP Projects 5,313,375 1,672,867 31% 1,058,951 Total General Fund Expenses 50,816,472 14,149,493 28% 14,234,708 General Fund Operating Expenses 45,503,097 12,476,626 27% 13,175,757 40% 60% 80% 50% of Year Complete ^ FY 2009/10 ^ FY 2008/09 100% 120% of Total for 46% 6% 26% 26% 40% 29% 42% 48% 26% 29% Date Pnrrted: 3/M2010 5:03 PM ATTACHMENT 2 ~~~ ~ CITY OF DUBLIN'S PRO FORMA FINANCIAL STATEMENTS FOR THE MONTH OF DECEMBER 2009 Prepared by The Finance Department March 4, 2010 • General Fund -Comparison of Revenue & Expenditures 7/1/2009 -12/31/2009 • Special Revenue Funds -Comparison Revenue & Expenditures 7/1/2009 - 12/31/2009 • Assessment District Funds -Comparison Revenue & Expenditures 7/1/2009 - 12/31/2009 • Agency Trust Funds -Comparison Revenue & Expenditures 7/1/2009 -12/31/2009 • Internal Service Funds -Comparison Revenue & Expenditures 7/1/2009 -12/31/2009 • Balance Sheet For The Period Ending December 31, 2009 ATTACHMENT 3 Printed on: 03/04/2010 CITY OF DUBLIN Page 1 of 2 GE NERAL FUND ~ , 11, " COMPARISON OF REVENUES /VERSUS EXPENDITURES ~ [ FOR THE PERIOD 7/1/2009 THROUGH 12/31/2009 2010 2010 2010 2010 2009 2009 2009 BUDGET ACTUAL VARIANCE % BUD ACTUAL YTD ********REVENUES/SOURCE OF FUNDING"**"**** PROPERTY TAXES 21,467,750 11,035,270 10,432,480 51 % 23,164,422 11,331,753 49% SALES TAX 10,652,100 4,494,834 6,157,266 42 % 12,001,339 5,071,471 42 PROPERTY TRANSFER TAX 282,000 166,900 115,100 59 % 254,022 142,997 56 HOTEL TAX 575,000 204,836 370,164 36 % 577,057 270,832 47 FRANCHISE TAXES -WASTE MGT 1,090,000 325,521 764,479 30 % 1,057,069 375,298 36 FRANCHISE TAXES -UTILITIES 1,125,000 179,651 945,349 16 % 1,123,777 148,418 13 LICENSES & PERMITS 1,625,211 1,046,332 578,879 64 % 1,623,029 991,803 61 FINES & PENALTIES 140,000 66,858 73,142 48 % 143,219 64,244 45 INTEREST 1,236,956 487,713 749,243 39 % 2,308,624 913,367 40 RENTALS 8~ LEASES 321,751 165,108 156,643 51 % 239,081 126,751 53 INTERGOVERNMENTAL -FEDERAL 200,000 200,000 30,558 1,000 3 INTERGOVERNMENTAL -STATE 957,870 68,380 889,490 7 % 385,449 62,057 16 CHARGES FOR SERVICES 4,742,524 1,783,494 2,959,030 38 % 6,128,969 3,317,743 54 OTHER REVENUE 759,481 180,737 578,744 24 % 3,183,863 1,094,568 34 SUB-TOTAL OPERATING REVENUES 45,175,643 20,205,635 24,970,008 45 % 52,220,476 23,912,304 46 TRANSFERS IN 19,632 GRAND TOTAL REVENUE/SOURCES 45,175,643 20,205,635 24,970,008 45 % 52,240,108 23,912,304 46 ********EXPE N DITU RES/TRANS FERS******** GENERAL GOVERNMENT CITY COUNCIL 349,143 141,757 207,386 41 % 236,760 90,649 38 CITY MANAGER/CITY CLERK 1,118,464 524,194 594,270 47 % 1,153,279 556,956 48 ELECTIONS 3,620 934 2,686 26 % 29,440 1,098 4 CENTRAL SERVICES/HUMAN RESOURCES 455,645 199,716 255,929 44 % 507,657 263,250 52 INSURANCE 586,427 227,407 359,020 39 % 555,949 224,816 40 CITY ATTORNEY 556,567 296,886 259,681 53 % 932,239 448,287 48 ADMINISTRATIVE SERVICES 1,904,702 884,761 1,019,942 46 % 1,763,596 862,226 49 BUILDING MANAGEMENT 750,103 302,840 447,263 40 % 733,902 293,326 40 NON-DEPARTMENTAL 155,141 3,495 151,646 2 % 11,074 4,023 36 GENERAL GOVERNMENT -SUBTOTAL 5,879,812 2,581,988 3,297,824 44 % 5,923,895 2,744,630 46 PUBLIC SAFETY POLICE 13,772,971 712,560 13,060,411 5 % 12,754,923 717,330 6 FIRE 10,362,464 2,636,356 7,726,108 25 % 9,631,598 2,480,264 26 DISASTER PREPAREDNESS 126,389 28,765 97,624 23 % 106,066 38,318 36 CROSSING GUARDS 100,830 33,695 67,135 33 % 94,070 26,406 28 ANIMAL CONTROL 375,620 18,757 356,863 5 % 334,592 71,161 21 TRAFFIC SIGNALS/STREET LIGHTING 14,407 22,546 (8,139) 156 % 12,739 4,677 37 PUBLIC SAFETY- SUBTOTAL 24,752,681 3,452,678 21,300,003 14 % 22,933,987 3,338,157 15 TRANSPORTATION PUBLIC WORKS ADMINISTRATION 906,820 398,501 508,319 44 % 1,102,500 509,441 46 STREET MAINTENANCE/SWEEPING 145,347 37,837 107,510 26 % 188,552 45,459 24 STREET LANDSCAPE/TREE MAINTENANCE 825,616 391,124 434,492 47 % 1,022,297 369,997 36 TRANSPORTATION -SUBTOTAL 1,877,783 827,462 1,050,321 44 % 2,313,349 924,897 40 HEALTH & WELFARE CHILD CARE 18,500 2,681 15,819 14 % 18,500 5,866 32 SOCIAL SERVICES 39,425 6,402 33,023 16 % 46,925 13,323 28 HEALTH 8 WELFARE- SUBTOTAL 57,925 9,083 48,842 16 % 65,425 19,189 29 Printed on: 03/04/2010 CITY OF DUBLIN GENERAL FUND COMPARISON OF REVENUES /VERSUS EXPENDITURES FOR THE PERIOD 7/1/2009 THROUGH 12/31/2009 2010 2010 2010 2010 BUDGET ACTUAL VARIANCE % BUD Page 2 of 2 dab ~ y- 2009 2009 ACTUAL YTD ****'"'*"EXPENDITU RES/TRANSFERS**'"'**** CULTURE 8 LEISURE SERVICES COMMUNITY TV 81,645 39,962 41,683 49% 78,872 72,236 LIBRARY SERVICES 820,311 237,194 583,117 29 % 873,318 220,367 PARK MAINTENANCE 1,939,552 883,950 1,055,602 46 % 2,001,562 763,731 HERITAGE & CULTURAL ARTS 846,002 368,204 477,798 44 % 962,182 446,267 RECREATION & COMMUNITY SERVICES 3,698,899 1,690,198 2,008,701 46 % 3,439,364 1,541,441 PARKS/FACILITIES DEVELOPMENT 255,725 113,170 142,555 44 % 256,909 131,181 CULTURE 8 LEISURE SERVICES -SUBTOTAL 7,642,134 3,332,677 4,309,457 44 % 7,612,207 3,175,223 COMMUNITY DEVELOPMENT DEVELOPMENT SERVICES 3,616,061 1,494,127 2,121,934 41 % 4,057,413 1,948,694 ENGINEERING 1,322,201 640,087 682,114 48 % 1,947,067 923,038 ECONOMIC DEVELOPMENT 354,500 138,523 215,977 39 % 212,270 101,930 COMMUNITY DEVELOPMENT-SUBTOTAL 5,292,762 2,272,737 3,020,025 43 % 6,216,749 2,973,662 SUB-TOTAL OPERATIONG EXPENDITURES 45,503,097 12,478,626 33,026,471 27 % 45,065,612 13,175,759 TRANSFERS OUT 1,672,867 (1,672,867) GRAND TOTAL EXPENDITURES 45,503,097 14,149,493 31,353,604 31 % 45,065,612 13,175,759 REVENUES (SOURCE OF FUNDS) OVER/(UNDER) (327,454) 6,056,141 (6,383,595) (1,849%) 7,174,496 10,736,545 EXPENDITURES 2009 92 25 38 46 45 51 42 48 47 48 48 29 29 150 Printed on: 03/04/2010 CITY OF DUBLIN Page 1 of 1 SPECIAL REVENUE FU NDS / ~'L COMPARISON OF REVENUES /VERSUS EXPENDITURES ~ l~ T FOR THE PERIOD 7/1/2009 THROUGH 12/31/2009 2010 2010 2010 2010 2009 2009 2009 BUDGET ACTUAL VARIANCE % BUD ACTUAL YTD ********REVENUES/SOURCE OF FUNDING******** PROPERTY TAXES 138,150 73,658 64,492 53 % 141,880 68,993 49 SALES TAX 459,458 96,054 363,404 21 % 423,203 124,633 29 FINES & PENALTIES 181,000 72,276 108,724 40 % 175,517 79,384 45 INTEREST 317,547 142,940 174,607 45 % 643,083 275,002 43 LOAN REPAYMENTS 812,773 (812,773) 750,000 750,000 100 INTERGOVERNMENTAL -FEDERAL 2,908,145 43,927 2,864,218 2 % 232,996 10,720 5 INTERGOVERNMENTAL-STATE 1,473,087 306,664 1,166,423 21 % 1,346,963 546,423 41 INTERGOVERNMENTAL -COUNTY 2,562,636 59,400 2,503,236 2 % 430,987 93,121 22 CHARGES FOR SERVICES 1,728,625 901,045 827,580 52 % 1,643,211 807,536 49 OTHER REVENUE 2,583,512 4,879 2,578,633 0 % 93,531 16,424 18 SUB-TOTAL OPERATING REVENUES 12,352,160 2,513,615 9,838,545 20 % 5,881,371 2,772,236 47 TRANSFERS IN 6,600 GRAND TOTAL REVENUE/SOURCES 12,352,160 2,513,615 9,838,545 20 % 5,887,971 2,772,236 47 ********EXPEN DITU RES/TRANSFERS"***"*** GENERAL GOVERNMENT CITY ATTORNEY 51,250 50,401 849 98 % 59,139 32,110 54 BUILDING MANAGEMENT 17,515 GENERAL GOVERNMENT -SUBTOTAL 51,250 50,401 849 98 % 76,654 32,110 42 PUBLIC SAFETY POLICE 144,120 8,344 135,776 6 % 110,189 1,031 1 FIRE 384,337 91,941 292,396 24 % 372,963 98,599 26 TRAFFIC SIGNALS/STREET LIGHTING 339,454 66,868 272,586 20 % 255,909 60,691 24 PUBLIC SAFETY- SUBTOTAL 867,911 167,154 700,757 19 % 739,061 160,321 22 TRANSPORTATION PUBLIC WORKS ADMINISTRATION 13,568 70 13,498 1 STREET MAINTENANCE/SWEEPING 389,055 70,928 318,127 18 % 347,011 64,168 18 TRANSPORTATION-SUBTOTAL 402,623 70,997 331,626 18 % 347,011 64,168 18 HEALTH & WELFARE WASTE MANAGEMENT 1,855,966 51,125 1,804,841 3 % 1,763,500 34,711 2 ENVIRONMENTAL SERVICES 261,945 111,921 150,024 43% SOCIAL SERVICES 60,503 22,345 38,158 37 % 59,708 36,104 60 HOUSING PROGRAMS 3,837,263 591,266 3,245,997 15 % 1,102,219 523,702 48 HEALTH & WELFARE- SUBTOTAL 6,015,677 776,658 5,239,019 13 % 2,925,427 594,517 20 CULTURE 8 LEISURE SERVICES PARK MAINTENANCE 5,946 975 4,971 16 % 3,000 HERITAGE & CULTURAL ARTS 5,000 CULTURE & LEISURE SERVICES -SUBTOTAL 5,946 975 4,971 16 % 8,000 COMMUNITY DEVELOPMENT ENGINEERING 6,000 6,000 100 % 6,000 6,000 100 COMMUNITY DEVELOPMENT-SUBTOTAL 6,000 6,000 100 % 6,000 6,000 100 SUB-TOTAL OPERAT/ONG EXPENDITURES 7,349,407 1,072,185 6,277,222 15 % 4,102,152 857,116 21 TRANSFERS OUT 4,480,426 (4,480,426) 26,232 GRAND TOTAL EXPENDITURES 7,349,407 5,552,611 1,796,796 76 % 4,128,385 857,116 21 REVENUES (SOURCE OFFUNDS)OVER/(UNDER) 5,002,753 (3,038,996) 8,041,749 (61%) 1,759,586 1,915,120 109 EXPENDITURES Printed on: 03/04/2010 CITY OF DUBLIN Page 1 of 1 ASSESSMENT DISTRICT FUNDS COMPARISON OF REVENUES /VERSUS EXPENDITURES FOR THE PERIOD 7/1/2009 THROUGH 12/31/2009 2010 2010 2010 2010 2009 2009 2009 BUDGET ACTUAL VARIANCE % BUD ACTUAL YTD ********REVENUES/SOURCE OF FUNDING****"**" PROPERTY TAXES 854,868 429,954 424,914 50 % 826,718 423,512 51 INTEREST 11,232 4,969 6,263 44 % 24,081 8,343 35 OTHER REVENUE 2,500 12 2,488 0 % 10,959 SUB-TOTAL OPERATING REVENUES 868,800 434,935 433,665 50 % 881,758 431,856 50 GRAND TOTAL REVENUE/SOURCES 868,600 434,935 433,665 50 % 861,758 431,856 50 ********EXPEN DITU RES/TRANS F ERS******** PUBLIC SAFETY TRAFFIC SIGNALS/STREET LIGHTING 366,998 115,995 251,003 32 % 364,441 114,232 31 PUBLIC SAFETY- SUBTOTAL 366,998 115,995 251,003 32 % 364,441 114,232 31 TRANSPORTATION STREET LANDSCAPElTREE MAINTENANCE 437,213 194,178 243,035 44 % 404,374 142,825 35 TRANSPORTATION -SUBTOTAL 437,213 194,178 243,035 44 % 404,374 142,825 35 COMMUNITY DEVELOPMENT ENGINEERING 16,135 7,653 8,482 47 % 16,089 8,274 51 COMMUNITY DEVELOPMENT-SUBTOTAL 16,135 7,653 8,482 47 % 16,089 8,274 51 SUB-TOTAL OPERATIONG EXPENDITURES 820,346 317,826 502,520 39 % 784,904 265,331 34 GRAND TOTAL EXPENDITURES 820,346 317,826 502,520 39 % 784,904 265,331 34 REVENUES (SOURCE OF FUNDS) OVER/(UNDER) 48,254 117,109 (68,855) 243 % 76,854 166,525 217 EXPENDITURES Printed on: 03/04/2010 CITY OF DUBLIN Page 1 of 1 AGENCY/TRUST FUNDS COMPARISON OF REVENUES /VERSUS EXPENDITURES ~ ~ ~ ~' f FOR THE PERIOD 7/1/2009 THROUGH 12/31/2009 2010 2010 2010 2010 2009 2009 2009 BUDGET ACTUAL VARIANCE % BUD ACTUAL YTD ********REVENUES/SOURCE OF FUNDING******** PROPERTY TAXES INTEREST OTHER REVENUE SUB-TOTAL OPERATING REVENUES GRAND TOTAL REVENUE/SOURCES ******`*EXPEN DITU RES/TRANS FE RS******** GENERAL GOVERNMENT NON-DEPARTMENTAL GENERAL GOVERNMENT -SUBTOTAL SUB-TOTAL OPERATIONG EXPENDITURES GRAND TOTAL EXPENDITURES REVENUES (SOURCE OF FUNDS) OVER/(UNDER) EXPENDITURES 182,837 (182,837) 824,767 (824,767) 273,399 (273,399) 1,281,004 (1,281,004) 1,281,004 (1,281,004) 345,278 (345,278) 345,278 (345,278) 345,278 (345,278) 345,278 (345,278) 935,725 (935,725) 255,872 131,026 51 (1,277,086) (567,089) 44 556,122 276,626 50 (485,093) (159,438) 34 (465,093) (159,436) 34 509,342 328,400 64 509,342 328,400 64 509,342 328,400 84 509,342 328,400 64 (974,434) (487,836) 50 Printed on: 03/04/2010 CITY OF DUBLIN Page 1 of 1 INTERNAL SERVICE FUNDS COMPARISON OF REVENUES /VERSUS EXPENDITURES /a r y- ~ `~ ~(~ I FOR THE PERIOD 7/1/2009 THROUGH 12/31/2009 „ j 1 2010 2010 2010 2010 2009 2009 2009 BUDGET ACTUAL VARIANCE % BUD ACTUAL YTD ********REVENUES/SOURCE OF FUNDING******** INTEREST 181,824 62,285 119,539 34 % 255,009 109,597 43 CHARGES FOR SERVICES 1,777,031 997,689 779,342 56 % 1,955,258 981,345 50 OTHER REVENUE 29,020 137,961 (108,941) 475 % 8,778,663 135,413 2 SUB-TOTAL OPERATING REVENUES 1,987,875 1,197,935 789,940 60 % 10,988,930 1,226,354 11 GRAND TOTAL REVENUE/SOURCES 1,987,875 1,197,935 789,940 60 % 10,988,930 1,226,354 11 ********EXPE N DITU RES/TRANS FERS****'""'* GENERAL GOVERNMENT NON-DEPARTMENTAL 3,453,610 632,178 2,821,432 18 % 3,491,356 766,527 22 GENERAL GOVERNMENT-SUBTOTAL 3,453,610 632,178 2,821,432 18 % 3,491,356 766,527 22 SUB-TOTAL OPERAT/ONG IXPENDITURES 3,453,610 632,178 2,821,432 18 % 3,491,356 766,527 y2 GRAND TOTAL IXPENDITURES 3,453,610 632,178 2,821,432 18 % 3,491,356 766,527 22 REVENUES (SOURCE OF FUNDS) OVER/(UNDER) (1,465,735) 565,756 (2,031,491) (39%) 7,497,575 459,827 6 IXPENDITURES City of Dublin (~~ ~ Balance Sheet For the Period Ending December 31, 2009 ASSETS Cash and investments Restricted cash and investments Receivable Due from other funds Advances to other funds Prepaids Long-term receivables Advances to ISF PERS Side Fund Advances to other funds Capital assets Amount to be provided Total assets LIABILITIES AND FUND BALANCES Liabilities: Account and Other Payable Deposits payable Accrued wages and other payroll liabilities Contract retention payable Liabilities insurance claims payable Deferred Revenue Due to other funds Advances from other funds Other Liability Debt Instruments payable Total liabilities Fund Balances: Total fund balances Total liabilities and fund balances General Special Revenue Fund Funds $ 64,202,995 $ 14,987,346 $ 979,877 4,034,948 4,656,687 - (12,367) - Assessment Capital District Impact Improvement Funds Fees Funds Project Fund 800,314 $ 7,740,970 $ 458,541 - 1,250,000 - $ 69,827,192 $ 19,022,293 $ 800,314 $ 8,990,970 $ 458,541 $ 452,102 $ 28,228 $ - $ 600,847 $ 479,043 682,426 11,808 - 97,629 - 370,109 - - - - 134,606 3,822,200 - 1,250,000 - - - - 1,841,336 - 1,639,243 3,862,236 - 3,789,812 479,043 68,187,950 15,160,058 800,314 5,201,158 (20,502) $ 69,827,192 $ 19,022,293 $ 800,314 $ 8,990,970 $ 458,541 1 City of Dublin ` l~ ~ Balance Sheet For the Period Ending December 31, 2009 ASSETS Cash and investments Restricted cash and investments Receivable Due from other funds Advances to other funds Prepaids Long-term receivables Advances to ISF PERS Side Fund Advances to other funds Capital assets Amount to be provided Total assets LIABILITIES AND FUND BALANCES Liabilities: Account and Other Payable Deposits payable Accrued wages and other payroll liabilities Contract retention payable Liabilities insurance claims payable Deferred Revenue Due to other funds Advances from other funds Other Liability Debt Instruments payable Total liabilities Fund Balances: Total fund balances Total liabilities and fund balances Internal Trust/ Capital Assets General Service Agency Group of Long Term Fund Fund Account Debt Acct Group Total $ 8,019,583 $ 231,191 $ - $ - $ 96,440,939 - 5,788,804 - - 5,788,804 137,941 240,665 - - 6,643,431 - - - - 4,656,687 664 - - - (11,703) 58,180,946 - 365,293,437 - 423,474,383 - 630,500 - 101,948,387 102,578,887 $ 66,339,134 $ 6,891,160 $ 365,293,437 $ 101,948,387 $ 639,571,428 $ 240,665 $ - $ - 2,815,350 137,941 - - 748,000 - 3,056,015 885,941 - $ 1,800,884 791,863 370,109 5,206,806 1,841,336 - 2,953,291 101,948,387 102,696,387 101,948,387 115,660,676 63,283,119 6,005,219 365,293,437 - 523,910,752 $ 66,339,134 $ 6,891,160 $ 365,293,437 $ 101,948,387 $ 639,571,428 2 CHANGE FORM #: CITY OF DUBLIN MID-YEAR BUDGET CHANGE FORM FISCAL YEAR 2009/2010 REVENUE ACCOUNTS DECREASE BUDGETS INCREASE BUDGETS n~;c1~;AS~~t~1~cE~r ~cco~~:~~r A~rocti~r I~cur:.,~sl, ~~~ix:~~r ac~corrT A~lcxwiv~r General Fund -REVENUE - Name: Transient Occu ancy Tax Account: 1001.0000.42301 591,000 "" General Fund -REVENUE - General Fund -REVENUE -Cable Name: Garba a Franchise Tax Name: Franchise Tax Account: 1001.0000.42403 $90,000 Account: 1001.0000.42404 $35,000 General Fund -REVENUE - General Fund -REVENUE - Name: Buildin Permits Name: Plannin Permits Account: 1001.8102.44231 $90,000 Account: 1001.8101.44221 $40,000 General Fund -REVENUE - Name: Name: Encroachment Permits Account: Account: 1001.8301.44241 $40,000 General Fund -REVENUE -Field General Fund -REVENUE - Name: Rentals Name: Facility Rentals Account: 1001.7701.46201 $30,000 Account: 1001.7701.46202 $50,000 General Fund -REVENUE - Facility Operations-Picnic Area Name: Name: Rentals Account: Account: 1001.7101.46203 $10,000 General Fund -REVENUE - General Fund -REVENUE - Name: En ineerin Plan Check Name: Police Other State Grants Account: 1001.8301.48921 $340,000 Account: 1001.2101.47261 $8,490 General Fund -REVENUE -Fire- General Fund -REVENUE - Name: Santa Rita Svcs Name: Zoning Account: 1001.2401.48399 S54,460 Account: 1001.8101.48911 $250,000 General Fund -REVENUE -Waste Name: Mn t Admin Fee Name: Account: 1001.5101.48511 $8,500 Account: General Fund -REVENUE - General Fund -REVENUE - Name: Famil Pro rams Name: Preschool Pro rams Account: 1001.7711.48811 $40,000 Account: 1001.7731.48813 $100,000 General Fund -REVENUE - General Fund -REVENUE -Sports Name: A uatics Pro rams Pro rams Account: 1001.7771.48817 $30,000 1001.7761.48816 $50,000 Traffic Safety Fund -REVENUE - Garbage Svc Fund -REVENUE - Name: Vehicle Code Fines Waste Mgmt Residential Account: 2106.2101.45101 $52,000 2303.5101.48501 $20,000 TIF Fund-Dougherty Valley - Name: REVENUE -Dev Contribution Name: Account: 4305.0000.49161 $200,000 Account: TVTD Fund- REVENUE -Dev Name: Contribution Name: Account: 4306.0000.49161 $62,430 Account: Public Facilities Fund- REVENUE Name: Dev Contribution Name: Account: 4100.0000.49161 $4,609,450 Account: Reason for Budget Change: To reflect budget changes to Revenue Accounts proposed as part of the City's mid-year review of financial activity as of December 31, 2009 for Fiscal Year 2009/10- per the report to the City Council 4/6/10. Fin Mgr / AS . Date: 3 ~S ~ ~ Signature City Manager: Date: Signature as :~ppn>c~~ ut the City Cuu«ci1 ,LScetin~ nn- Mayor: Date: Signature Posted By: Date: Signature ~~~ ~ Page 1 of 3 Attachment 4 CHANGE FORM #: CITY OF DUBLIN MID-YEAR BUDGET CHANGE FORM FISCAL YEAR 2009/2010 GENERAL FUND OPERATING EXPENDITURE BUDGET ACCOUNTS DECREASE BUDGETS INCREASE BUDGETS BECREASE BUDGET ACCOUNT AMn1JNT [NCREASE 6UDGE'T'ACCOfINT AMOUNT General Fund -Police Contract Name: Svcs -Personnel Name: General Fund -Central Services -Insurance Account: 1001.2102.64021 $500,000 Account: 1001.1402.61601 $218,500 Name: General Fund -City Atty -Prof Svcs Reimb Account: 1001.1501.65106 $60,000 Name: General Fund -City Atty -Prof Svcs General Account: 1001.1501.651 O 1 $134,000 Name: General Fund -Street Maint -Water Account: 1001.3401.63301 $19,290 Name: General Fund -Comm TV -Contract Svcs Account: 1001.7101.64001 $1,680 Name: General Fund -Park Maint -Potable Wtr Account: 1001.7501.63301 $41,935 Name: General Fund -Park Maint -Recycled Wtr Account: 1001.7501.63302 $41,935 General Fund -Building - Name: Contract Svc Name: General Fund -Planning - UI Account: 1001.8102.64001 100,000 Account: 1001.8101.52206 $33,980 Name: Name: General Fund -Planning -Prof Svcs Reimb Account: Account: 1001.8101.65106 $126,450 Name: Name: General Fund - Engr -Salaries Account: Account: 1001.8301.51101 $62,510 Reason for Budget Change: To reflect budget changes to Gebneral Fund Expenditure Accounts proposed as part of the City's mid-year review of financial activity as of December 31, 2009 for Fiscal Year 2009/2010 -per the report to the City Council 4/6/2010. '' Fin Mgr / ASD: ~~~„~.~ ~~./ Signature City Manager: Signature Mayor: Signature Posted By: Signature Date: Date: As Approved at the Ciry Council Meeting on: Date: Date: 3 ~ S /~ n~..e ~ ~f Z dttachma~nt d CHANGE FORM #: CITY OF DUBLIN MID-YEAR BUDGET CHANGE FORM FISCAL YEAR 2009/2010 SPECIAL REVENUE FUNDS -OPERATING EXPENDITURE BUDGET ACCOUNTS DECREASE BUDGETS INCREASE BUDGETS DECREASE BUDGET ACCOUNT AMOCINT [NCREASF, BUDGFT ACCOLTIST AMOUNT Affordable Hsg Fund -City Atty -Pro Name: Name: Svcs Litig Account: Account: 2901.1501.65105 $62,250 Garbage Svc Fund -Waste Mngmt- Name: Name: Contract Svcs Account: Account: 2303.5101.64001 $20,000 Stagecoach AD Fund-Street Maint- Name: Name: Water Account: Account: 2702.3401.63301 $2,290 Stagecoach AD Fund-Street Maint- Name: Name: Contract Svcs Account: Account: 2702.3401.64001 $570 Reason for Budget Change: To reflect budget changes to Expenditure Accounts proposed as part of the City's mid-year review of financial activity as of December 31, 2009 for Fiscal Year 2009/2010 -per the report to the City Council 4/6/2010. Fin Mgr / ASD:C~A~Q ~~~~~5~ Date: 3 I S / b Signature City Manager: Date: Signature As Approved at the City Council Meetin~~ on: Mayor: Date: Signature Posted By: Date: Signature Dn..~ ~ .,f ~ A++~nhw.nnf A