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Resolution 15512CITY OF ALAMEDA RESOLUTION NO. 15512 AMENDING THE FISCAL YEAR 2018-19 BUDGET WHEREAS, on June 7, 2016 the City Council adopted the FY 2017-19 Budget representing the financial plan for conducting the affairs of the City of Alameda for the two year fiscal period beginning July 1, 2017 and ending June 30, 2019; and WHEREAS, on June 19, 2018 the City Council adopted the FY 2018-19 Mid- Cycle Budget Update that revised the financial plan for conducting the affairs of the City of Alameda for the fiscal period beginning July 1, 2018 and ending June 30, 2019; and WHEREAS, staff is proposing budget amendments for the second FY 2018-19 period within the two-year budget cycle. The detailed budget amendment proposal is presented in Exhibit 1 in the accompanying staff report. Total revenue across all funds will be increased by $16.2 million and expenditures by $14.1 million; and WHEREAS, the City Council has considered the report and recommendations of the Interim City Manager on the budget amendments and workforce changes and has determined that the budget amendments and workforce changes are both fair and appropriate; and WHEREAS, the City Council has given this budget due consideration as to its projected revenues, anticipated expenditures and available fund balances; and WHEREAS, the City Council is committed to maintaining reserve levels in the General Fund at a minimum level of 25% of annual expenditures including transfers out; and WHEREAS, this budget ensures that the City of Alameda, including all funds, entities and component units, has exercised prudent judgment in its fiduciary responsibility as guardians of the public tax dollars. NOW, THERE FORE, BE IT RESOLVED by the City Council of the City of Alameda hereby amends the City's Budget for Fiscal Year 2018-19, by changing certain estimated revenues and expenditure appropriations, as set forth in the Exhibit A to the Staff Report which by this reference incorporated herein. GENERAL FUND City of Alameda 2018-19 Mid-Year Budget Update Proposed Budget Amendments General Tax/Unrestricted Revenue Property Tax Residual Tax Increment Motor Vehicles License Fees In-Lieu Property Transfer Tax Transactions and Use Tax Franchise Tax Total Program Revenues and Expenditures Fire Revenue Revenue Revenue Revenue Operations Police Revenue Revenue Revenue Revenue Operations Ambulance fee I GEMT Fire False Alarm fees Fire Prevention Division revenue Mutual Aid reimbursement I Overtime incurred for mutual aid Fuel cost I Medical supplies I Recruitment expenses I Computer supplies I Medical Director contractual services Mutual Aid Fingerprinting fees I OT reimbursement Moving Violations Animal License fees Salary savings Economic Development Operations Homelessness programs and services Administration City Clerk/Finance Passport fees I Business License fees City Clerk Special election in April2019 Non-Departmental Operations Transfers In I Out Salary savings Capital Projects I Encinal Boat Launch Facility I Estuary Park {Phase 2) I Shoreline Park Pathway Lighting Replacement 1 Modular Restroom at AP Gym I Close out Fire Station 3/EOC construction oroiect Subtotal, Operations Pension/OPES Reserves To increase budgeted contribution to Pension/OPES Reserve Fund to pay out reserves established by the Pension/OPES funding policy for 2017-18 year -end results. Total, General Fund Revenues/ Transfers In 300,000 432,000 394 000 1,126,000 2,115,000 800,000 (176,000) 3,865,000 295,000 (85,000) 85,000 550,000 85,500 28,000 (20,000) (150,000) 18,000 241,000 4,912,500 4,912,500 Expenditures/ Transfers Out 318,000 158,000 (250,000) 88,000 650,000 250,000 1,012,000 2,226,000 7,947,172 10,173,172 Exhibit 1 Reserves 2,686,500 (5,260,672) OTHER FUNDS City of Alameda 2018-19 Mid-Year Budget Update Proposed Budget Amendments Rent Stabilization Fund Reduce revenue originally set for the rate higher than Revenue approved by Council FISC Lease Revenue Revenue Lease and rental income Tidelands Transfers Out Capital Projects I Encinal Boat Launch Facility soft costs and paving project Transportation Services Revenue Grantrevenues Gas Tax Transfer Out Capital Projects I Park Street Corridor Community Development Revenue Planning and building permit fees Closed Pension Funds (Fire and Police) To increase budgeted contribution to Pension Reserve Fund to pay out reserves established by the Pension funding policy for 2017-18 year-end results. Unemployment Operations General Liabilitv Revenue Greater than anticipated claims cost activity Risk pool reduction of equity distribution Cable Franchise Equipment Replacement Revenue update I Council Chamber timing system Operations installation Fleet Replacement Capital Outlay Operations Replacement of a Fire Department vehicle Taser maintenance services contract Pension Stabilization Fund Revenue Additional contributions towards unfunded pension liability OPEB Revenue Additional contributions towards unfunded OPES liability Revenues/ Transfers In (550,000) 400,000 24,000 315,000 (60,000) (19,000) 7,698,172 500,000 Expenditures/ Transfers Out 111,400 130,000 251,000 100,000 30,000 75,000 63,000 Exhibit 1 Reserves (550,000) 400,000 (111 ,400) 24,000 (130,000) 315,000 (251,000) (100,000) (60,000) (49,000) (75,000) (63,000) 7,698,172 500,000 Exhibit 1 City of Alameda 2018-19 Mid-Year Budget Update Proposed Budget Amendments Revenues/ Expenditures/ Transfers In Transfers Out Reserves Fire Station 3 L EOC Transfer Out Return excess funds to the General Fund 241,000 (241,000) Capital Improvement Projects Project No. Transfer In I Estuary Park (Phase 2) I Removal of contaminated Contractual Services dirt and construction of a dog park 91311 60,000 60,000 Transfer In I Encinal Boat Launch Facility I Engineering, project Contractual Services management fees and other soft costs I parking lot resurfacing 91310 182,000 182,000 Grant Revenue I Encinal Boat Lauch Facility construction costs Contractual Services 91310 1,450,000 1,450,000 Transfer In I Park Street Corridor 1 Provide additional funding to Contractual Services cover shortfall 91170 130,000 130,000 Transfer In I Pavement Management I Encinal Boat Lauch paving Contractual Services project 91810 81,400 81,400 Grant Revenue I Climate Change I Budget revenue and expenditures Contractual Services for an awarded CaiTrans grant 91852 236,375 236,375 Transfer In I Shoreline Park Pathway Lighting Replacement 1 Contractual Services Replacement of light poles, lighted bollards and electrical system to prevent theft. TBD 550,000 550,000 Transfer In I Modular Restroom at Alameda Point Gym 1 Restroom Contractual Services facility for AP Gym and adjacent skate park. TBD 250,000 250,000 Total, Other Funds 11 247 947 3 941175 7,306,772 Total, All Funds $ 16,160,447 $ 14,114,347 $ 2,046,100 ****** I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 19th day of March 2019, by the following vote to wit: AYES: Councilmembers Knox White, Oddie, Vella and Mayor Ezzy Ashcraft -4. NOES: None. ABSENT: None. ABSTENTIONS: Councilmember Daysog - 1 . IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of said City this 20th day of March 2019. APPROVED AS TO FORM: ·J41 tUcu/ 1/llt~ Michael H. Roush, Interim City Attorney City of Alameda