Resolution 15726CITY OF ALAMEDA RESOLUTION NO. 15726
AMENDING THE FISCAL YEAR (FY) 2020-21 OPERATING AND
CAPITAL BUDGETS DUE TO THE COVID-19 PANDEMIC
WHEREAS, on June 18, 2019 the City Council adopted the FY 2019-21 Budget
representing the financial plan for conducting the affairs of the City of Alameda for the two
year fiscal periods beginning July 1, 2019 and ending June 30, 2021; and
WHEREAS, on June 16, 2020 the City Council adopted the FY 2020-21 Mid -Cycle
Budget Update that included amendments for the second budget year beginning July 1,
2020 and ending June 30, 2021; and
WHEREAS, staff is proposing budget amendments for FY 2020-21 due to the
COVID-19 pandemic as detailed in Exhibit 1; and
WHEREAS, the City Council has considered the report and staff
recommendations on the budget amendments and has determined that the budget
amendments 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 excluding the expenditure contribution towards Other Post -Employment Benefits and
Pension unfunded liabilities; 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, THEREFORE, BE IT RESOLVED that the Finance Director is hereby
authorized to adjust the FY 2020-21 budget as follows:
• Increase the General Fund (001) revenue estimate for Property Tax by
$1,660,000.
• Decrease the General Fund (001) revenue estimate for Sales Tax by
$600,000.
• Increase the General Fund (001) revenue estimate for Transaction and
Use Tax by $1,800,000.
• Decrease the General Fund (001) revenue estimate for Utility Users Tax
by $600,000.
• Decrease the General Fund (001) revenue estimate for Cable TV
Franchise Tax by $100,000.
• Decrease the transfer in to the General Fund (001) from the Parking Meter
Fund (224) by $380,000.
• Decrease the Measure B — Local Streets & Roads Fund (215.1) revenue
estimate by $280,000.
• Decrease the Measure BB — Local Streets & Roads Fund (215.11)
revenue estimate by $200,000.
• Decrease the Measure B — Bike/Pedestrian Fund (215.2) revenue
estimate by $30,000.
• Decrease the Measure BB — Bike/Pedestrian Fund (215.21) revenue
estimate by $20,000.
• Decrease the Measure B — Paratransit Fund (215.4) revenue estimate by
$20,000.
• Decrease the Measure BB — Paratransit Fund (215.41) revenue estimate
by $20,000.
• Decrease the budgeted Measure B (215.1) transfer to the Capital Projects
Fund (310) for the Pavement Management CIP (96010) by $500,000.
• Decrease the budgeted Measure BB (215.11) transfer to the Capital
Projects Fund (310) for the Pavement Management CIP (96010) by
$600,000.
• Decrease the contractual services expenditure budget for the Pavement
Management CIP (96010) by $1,100,000.
• Decrease the Tidelands Fund (216) rental income revenue estimate by
$35,000.
• Decrease the Tidelands Fund (216) contractual services expenditure
budget by $127,000.
• Decrease the Parking Meter Fund (224) on -street parking meter revenue
estimate by $1,100,000.
• Decrease the Parking Meter Fund (224) contractual services expenditure
budget by $550,000.
• Decrease the Civic Center Garage Fund (224.1) parking garage meter
revenue estimate by $130,000.
• Decrease the budgeted Parking Meter Fund (224) transfer to the Capital
Projects Fund (310) for the Parking CIP (96016) by $327,000.
• Decrease the contractual services expenditure budget for the Parking CIP
(96016) by $327,000.
• Decrease the Commercial Revitalization Fund (224) theater revenue
estimate by $170,000.
• Decrease the Theater Project Fund (227.1) rental income revenue
estimate by $110,000.
• Decrease the Recreation Fund (280) program fee revenue estimate by
$1,080,000.
• Decrease the Recreation Fund (280) rental income revenue estimate by
$249,000.
• Decrease the Recreation Fund (280) personnel expenditure budget by
$819,000.
• Decrease the Recreation Fund (280) contractual services expenditure
budget by $241,000.
• Decrease the Recreation Fund (280) materials and supplies expenditure
budget by $105,500.
• Decrease the budgeted Recreation Fund (280) transfer to the Capital
Projects Fund (310) for the Encinal Boat Ramp Design CIP (91310) by
$28,267.
• Decrease the contractual services expenditure budget for the Encinal Boat
Ramp Design CIP (91310) by $28,267.
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 1 st day of December 2020, by the following vote to wit:
AYES: Councilmembers Daysog, Knox White, Oddie, Vella and
Mayor Ezzy Ashcraft — 5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal
of said City this 2nd day of December 2020.
Lara Weisiger, CClerk
City of Alameda
APPROVED AS TO FORM:
f
Yibin Shea, City Attorney
City o ameda