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02-06-2007 - 2006/07 FY Mid-Year Budget UpdateJ City of West Covina MEMORANDUM AGENDA Item No.: G-2 Date: February 6, 2007 TO: Andrew G. Pasmant, City Manager and City Council FROM: Tom Bachman, Director Finance Department SUBJECT: 2006-07 FISCAL YEAR MID -YEAR BUDGET UPDATE RECOMMENDATION: It is recommended that the City Council: 1. Receive and file the budget update report. 2. Approve the additional- appropriations and transfer of appropriations as listed in "Section 2. Additional Appropriation/Transfer Requests" of this report. 3. Approve the staffing changes as listed in " Section 3. Staffing Requests" of this report DISCUSSION: 1. 2005-06 BUDGET — MID -YEAR UPDATE The City adopted a General Fund for 2006-07 as part of the City's first two-year budget. The budget was balanced for both years and contained a surplus of $52,028 in 2006-07. The City has reversed the trend of gap budgets that existed in recent years with new revenue sources, an improving economy notably in the area of property related revenue and new commercial developments, and responsible controlled expenditure growth. The City's two largest revenue sources are sales tax and property taxes, combining for nearly 60% of total General Fund revenues. More recent information would indicate the property taxes will exceed their revenue estimate for the year based on assessed valuation data received from Los Angeles County in August. This increase would be offset, however, by a likely shortfall in sales tax revenues. Due to delays in beginning construction of the West Covina Heights commercial development, that project will not come on line until the 2007-08 fiscal year, rather than this fiscal year as programmed in the 2006-07 budget. No other areas of concern in revenues have been identified at this time. Since the adoption of the budget in June, the City Council has made additional appropriations to the 2006-07 General Fund budget totaling $242,769. The. City Council also considered numerous budget follow-up items at its September 19, 2006 meeting and at that time authorized staff to seek firins to perform facility needs assessments for both police and fire facilities. Additionally, General Fund carryovers from the 2005-06 fiscal year totaling $474,278 have been brought forward and are included in this budget. These 2005-06 carryovers will be funded with the 1.2 million surplus that was generated in. the 2005-06 fiscal year. Below is a table summarizing the 2006-07 adopted budget and changes made to that budget f 1. Estimated Revenues 51,411,727 Appropriations (51,359,699) Adopted Budget Surplus 52,028 Additional Appropriations Management Analyst - CMO 8/01 (35,000) Publish Discover monthly 9/19 (27,500) Part-time Cable TV Production Assistant 11/07 (20,000) Graffiti abatement Services 12/06 (28,470) Maverick Field dugouts 110.82.8777.7700 12/06 (75,000) Trailer for Galster park 110..82.8734.7700 12/06 (39,500) Minimum wage adjustments 12/06 (17,299) Amended Current 2006-07 Budget Gap (190,741) 2. ADDITIONAL APPROPRIATION/TRANSFER REQUESTS ' a. Communications — Appropriate $6,555 to 110.33.3320.6270 to replace the Uninterruptible Power System batteries for the Communications Center and various public safety communication systems. b. Communications — Appropriate $11,000 to 110.82.8453.7700 and $1,900 to 110.33.3330.6330 to purchase computers, related hardware and maintenance for viewing/monitoring of the security cameras at Galster Park. (required if item j. below is approved). c. Community Services — Appropriate $30,000 to 110.51.5110.6120 for the Green Linkages study performed by Cal Poly Pomona. d. Community Services — Appropriate $3,000 to 110.51.5150.6188 to cover special event expenses. e. Community Services — Appropriate $25,500 to 203.51.5110.6120 for a marketing program for various Community Services programs. f. Community Services - Appropriate $25,000 to 163.xx.xxxx.xxxx for the Galster Park Nature Program. This amount will be completely offset by a grant from the State Habitat Conservation Fund. Cr Community Services — Appropriate $150,000 to 163.xx.xxxx.xxxx for the Cortez Park Trail Rehabilitation Project. This amount will be completely offset by a grant from the L.A. County Regional Park and Open Space District. h. Public Works — Appropriate $29,000 to 110.41.4142.6135 to fund increased area maintenance at Galster, Heritage and Cortez parks and Aroma Parkeite. i. Public Works — Appropriate $60,000 to 110.41.4120.6110 to fund a temporary contract inspector to keep up with the increased workload. This amount will be completely offset by an increase in building fees. j. Public Works — Appropriate. $54,200 to 110.82.8453.7700 to cover the additional costs necessary for the installation of security cameras at Galster Park. k. Public Works — Appropriate $18,000 to 360.81.8744.7200 for additional work required on the Hooper Drive slope repair. 1. Public Works — Appropriate $99,000 to the North Azusa and Vincent Ave Traffic Signal Project 125.85.8547.7800; and in. Public Works — Reallocation of Funding: Transfer $100,000 appropriation from. Curb and Gutter and Bus Route Rehab projects ($50,000 each from 161.81.8741.7200 and 215.81.8748.7200) to the Equestrian Fence Project ($50,000 each to 161.81.8772.7200 and 215.81.8778.7200). n. Public Works — Reallocation of Funding: Transfer $46,000 appropriation from the Bus Route Rehabilitation Project 122.81.8631.7200 to the Holt Avenue Repaving Project 122.81.8522.7200. o. Public Works — Reallocation of Funding: Transfer $29,000 appropriation from the Annual Street Rehab Program 161.81.8338.7200 to Amar Median Landscape Project 161.81.xxxx.7200; and transfer $148,000 appropriation from the Residential Street Rehab Project 215.81.8747.7200 to Amar Median Landscape Project 161.81.xxxx.7200. p. Public Works Appropriate $62,000 to 215.81.xxxx.7200 for the Amar Median Landscape Project. Total additional appropriations for the General Fund are $195,655.. Of this amount, only $30,900 is for ongoing expenditures while $164,755 is for one-time expenditures. There should be sufficient additional building permit and other revenues in the General Fund to cover these additional appropriations. 3. STAFFING REQUESTS a. Public Works — Approve hiring an Engineering Technician. This position was originally budgeted for the 2007-08 fiscal but salary savings within the department are available to hire this position early to meet the demands of the department. b. City Manager's Office - Reclassify the Management Analyst I, which performs the functions of the City's public information officer, to a Management Analyst II in order to bring this position into parity with the labor market. There are salary savings in the 2006-07 budget to fund the cost increase related to this reclassification. 4. ADDITIONAL CITY COUNCIL ITEMS _ During the City Council budget meetings and subsequent meetings, Council directed staff to study or bring back additional items for their review and consideration. Those items included some significant capital projects along with increased staffing in the police department. Subsequent to those items being brought back to the Council and staff receiving direction on certain items, additional items have been put forth by the City Council for discussion. That list includes: 1., Communications Systems Replacement $7 -.$9 million 2. Four additional police officers .$480,000 initial annual cost 3. Fire Station #1 Replacement $4 - $8 million 4. Fire Station #3 Replacement $3 - $4 million 5. Police Department Expansion $1.5 - $2.5 million 6. Senior Center Lap Pool/Health Center $330,000 - $2 million 7. High School(s) Field Improvements $500,000 - $1.5 million 8. Shadow Oak Park Development $1.5 million 9. Pay Public Safety at Top Quartile Unknown at this time Total Capital Project Costs $17,830,000 - $28,500,000 Total Annual Costs $480,000 initial annual cost In fiscal year 1999-00 the City sold the municipal water system that generated approximately $14 million in additional reserves to the General Fund. This sale of the water system came early on in a seven-year period in which the City had deficit spending in the General Fund. The deficit spending was due mainly to rapidly increasing pension costs and revenue takeaways by the state. This additional reserve served the City well during that period as the City was able to adopt deficit budgets while not significantly reducing services. During that .period the General Fund reserve went from $58.4 million at June 30, 2000 to $47.7 million at June 30, 2005. The General Fund total reserve at June 30, 2006 was $48.9 with available reserves of $24.0 million. Due to actions taken by the City Council, and an.improved economy and revenue protection afforded by the passage of Proposition 1A, the City's General Fund had a $1.2 million surplus during the 2005-06 fiscal year, even after setting aside $1 million in a equipment replacement fund. The City Council also adopted balanced budgets for the current and upcoming fiscal years as part of the City's first two-year budget. The total capital costs of all of the aforementioned projects could be as high as $28.5 million, which exceeds the current available fund balance by $4.5 million. The additional annual costs of increased public safety personnel funding is $480,000 plus an additional unknown cost for the top quartile salaries. It is recommended that all of these items be reviewed at one time, that priorities be set and projects compete for available funding. If it is the Council's direction to In spend reserves on some of the projects, then it is recommended that the City's General Fund reserve policy be considered as part of the process to protect the City against natural disasters or other emergencies. The City's uncommitted General Fund reserve has been set previously by City Council at a minimum of $10 million. It is recommended that the General Fund minimum reserve be set as a percentage of General Fund expenditures. For example, setting the minimum at 25% of General Fund expenditures would allow this minimum reserve to grow as budgets grow and the current reserve requirement would be $12.8 million under this scenario. In setting the reserve policy the Council should consider (1) impact of the timing of receipt of General Fund Revenues, (2) the impact on future revenue generation and (3) the effect of the City's credit rating. (1) The City receives a large portion of its revenue in the latter part of the year and the reserve provides cash flow during the first half of the fiscal year. As of December 31, 2006 the General Fund had only received 32% of its estimated revenues and had spent $7.9 million more than it had received in revenues. (2) Every $1 million of reserve generates approximately $50,000 in annual income to the General Fund. Spending down the reserve will affect future budgets by reducing interest income. (3) Despite six years of deficit budgets, the City has maintained an "A" credit rating which has allowed it to issue debt at a lower cost. The main reason for that rating has been the size of the General Fund reserve. 2007-08 BUDGET The City Council will be presented with an update of the 2007-08 budget in June 2007. This update will contain any additional requests as deemed necessary by the City Manager as well as any adjustments to the estimated revenues. This update will also include the CIP for the 2007-08 fiscal year. Prepared by: Tom Bachman Director of Finance Attachments No. 1 2006-07 General Fund Revenue and Expenditure Summary No. 2 2006-07 Non -General Fund Revenue and Expenditure Summary Attachment 1 Shown below is a summary of the 2006-07 adopted budget with revenues and expenditures through the month of December (50.0% of the year). Certain of the larger revenue sources are running well below the 50% mark due to timing of when revenues are received during the fiscal year. Through the first six months of the year, the major revenue sources (sales tax, property tax, and interest income) appear to be on track with or running ahead of budget estimates, with the exception of sales tax as noted below. As for the remaining revenue sources, based on the information available at this time, there are no major fluctuations expected from their budgeted amounts. REVENUE SOURCE Sales Tax % of Total 29.3% Original Budget 15,065,000 Amended Budget 15,065,000 YTD 4,821,687 :. 10,243,313 % 32.0% Property Tax 29.5% 15,178,000 15,178,000 3,664,537 11;513,463 24.1% Interest 9.2% 4,731,000 4,731,000 2,020,372 2,710,628 42.7% Franchise Tax 5.8% 2,960,000 2,960,000 242,448 2,717,552 8.2% Overhead Chargebacks 6.0% 3,090,000 3,090,000 9571072 2,132,928 31.0% Ambulance Service 3.4% 1,763,000 1,763,000 674,598 1,088,402 38.3% Business License Tax 3.0% 1,550,000: 1,550,000 300,190 1,249,810 19.4% Transient Occupancy Tax 1.8% 931,500 931,500 397,091 534,409 42.60 Vehicle In Lieu 1.5% 761,250 761,250 376,819 384,431 49.5% Other Revenues 6.5% 3,351,977 3,493,943 1,752,971 1,740,912 50.2% Transfers In 3.9% 2,030,000 2,030,000 1,014,996 1,015,004 50.0.% Prior Year Surplus .. 259,049 259,049 - 100.0% Total Revenues 100.0% 51,411,727 51,812,742 16,481,831 35,330,911 31.8% Sales Tax — Sales tax revenues, which include the triple flip amount, are at 32.0% through the first six months of the year. This is mainly due to timing of when revenues are received. This does not include fourth quarter receipts, which is typically the largest quarter, it does not include the sales tax transfer from the Fashion Plaza CFD and does not include any receipts for the triple flip which accounts for 25% of all sales tax revenues and does not begin flowing into the City until January of each fiscal year. The one issue not related to timing of receipts is delays in beginning construction of the West Covina Heights commercial development. That project will not come on line until the 2007-08 fiscal year, rather than this fiscal year as programmed in the 2006-07 budget and this delay will cause sales tax revenues to fall short of the budget estimate for the year. Sales tax revenue at this time last year was $4,856,702. Property taxes — Property tax revenues, which include the Supplemental in Lieu of VLF amount, make up almost 30% of General Fund revenues and will once again exceed its budget estimate as a result of continued large increases in residential assessed valuations. The VLF property tax amount, which makes up almost 50% of property tax revenues, also does not begin flowing into the City until January of each fiscal year. The surplus in property taxes. should offset the sales tax shortfall. Due to the timing of when revenues are received under this payment schedule, total property taxes are only at'24.1 % of their budget estimate. Interest — Interest income is pretty close to where it should be at this time of the year. $3.1 million (65%) of all interest income in the General Fund comes from loans to the redevelopment agency. Interest rates are above 5% in the current market, about three times what they were just three years ago. Franchise Tax — Franchise tax receipts are only at 8.2% due to the fact that most payments are not required to be made until later in the year. This is consistent with prior years. This revenue source will be $140,000 less than anticipated due to the agreement with the City's waste hauler to split the retroactivity of its rate increase. Overhead Chargebacks — These are budgeted chargebacks to various department and funds that receive external funding. This revenue source should meet its budget projection. Ambulance Service - Ambulance transport revenues for the first six months are $674,598, or 38.3% and most likely will not reach their estimate of $1,763,000. Revenues at this time last year were $851,987. Business License Tax - Business license revenues are only at $300,190 (19.4%) due to most revenue from this source being due in January. This amount was $326,461 at this time last year. Transient Occupancy Tax - Transient occupancy taxes are at $397,091 (42.6%) and only include five months for the year. This is above last year's total of $355,734 at the same time of year. Motor Vehicle in -lieu - This revenue source was reduced by approximately 87% as part of the 2004-05 state budget and the revenue loss is replaced with a like amount of property tax revenue. Total revenue to date is $376,819, or 49.5% of its revenue estimate. This is above last year's total of $331,553 at the same time of year. Other Revenues - This revenue source contains all other revenues and is at $1,752,971 (50.2%) for the year. This exceeds last year's total of $1,645,822 at the same time of year. Fund Transfers - This revenue source includes transfers from the Traffic Safety, Public Safety Augmentation and West Covina Service Group Funds. This revenue source should end up the year right at its budget estimate. A chart of expenditures for 2006-07 is shown below. EXPENDITURES ity Council % of 0.4% Original Budget 224,953 Amended BudgetTotal 11L 224,953 YTD. 116,290 Balance 118,664 % 47.2% eneral Administration 2.5% 1,260;320 - 1,342,817 580,234 762,582 43.2% ity Clerk 1.1% 584,504 605,513 199,114 406,399 32.9% inance 4.0% 2,037,183 2,063,983 1,087,312 976,671 52.70 Human Resources 1.4% 710,373 760,507 244,527 515,980 32.2% Tanning 1.2% 605,234 615,801 272,386 343,415 44.2% Police 44.9% 23,058,024 23,137,320 11,201,720 11,935,600 48.4% Fire 28.0%1 14,358,529 14,515,673 7,107,950 7,407,723 49.0% ommunications 4.20/. 2,177,195 2,184,194 966,453 1,217,741 44.2% Public Works 8.5% 4,368,682 4,444,410 2,023,082 2,421,328 45.5% ommunity Services 1.8% 924,260 926,728 510,454 416,274 55.1 % Environmental Management 0.3% 161,516 178,134 65,123 113,011 36.6% Transfers Out 1.7% 888,926 888,926 0 888,926 0.0% Total Operating Budget 51,359,699 51,888,959 24,364,645 27,524,3-14 47.0% Net Operating Budget . Surplus/(Deficit)52,028 76,217 7,882,814 7,806,59 Capital Projects Total 0.0% 01 3,829,7291 3,517,7081 312,021 91.9% General Fund Budget Total 100.0% 51,359,699 55,718,688 27,882,353 27,836,335 Most departments are on track at this point in the year to stay within their budgets. Finance is running above budget at this, time due to an unexpected increase in the property tax administration fees levied by the county. Staff, is still in the process of analyzing the appropriateness of this increase. Community Services is running ahead of budget due to early season programming. This should level out as the fiscal year progresses. City of West Covina REVENUE and EXPENDITURES NON -GENERAL FUNDS ONLY As of 12-31-06- .: Attachment 2 REVENUE EXPENDITURES Adjusted As of 12/31/06 Percent Adjusted As of 12/31/06 Percent FUND# FUND DESCRIPTION Estimate eport run 01126/07 of Budget report run 01/26/07 of FY 06-07 Estimate FY 06-07 Budget SPECIAL REVENUE FUND TYPES 111 FEE & CHARGE, 1,367,451 597,469 43.7% ::' 1,526,714 596,819 39.1% 116 STATE ASSET FORFEITURES 8,000 2,622 32.8% 42,000 950 2.3% 117 DRUG ENFORCEMENT REBATE 7,000 4,590 65.6% :`"': #DIV/0! 118 BUSINESS IMPROVEMENT TAX 804 #DIV/0! #DIV/0! 119 AIR QUALITY IMPROVEMENT TRUST. 136,600 71,923 52.7%'i:: 218,600 59,467 27.2% 121 PROPOSITION "A" 1,888,840 1,600,012 84.7% :::: 2,409,211 712,506 29.6% 122 PROPOSITION "C" 1,499,075 816,227 54.4% 3,096,741 1,100,550 35.5% 123 TRAFFIC SAFETY, 1,500,000 409,911 27.3% 1,584,996 740,205 46.7% 124 GASOLINE TAX 2,105,000 698,033 33.2% #'; 2,182,657 939,201 43.0% 125 TRAFFIC CONGESTION (AB2898) 470,000 839,968 178.7% 747,653 93,447 12.5% 127 POLICE DONATIONS 4,800 2,514 52.4% 8,705 303 3.5% 128 TRANSPORTATION DEV. ACT 56,000 27,116 48.4% ii 50,270 214 0.4% 129 INTEGRATED WASTE MANAGEMENT 224,011 20,464 9.1% 293,486 127,161 43.3% 131 COMMUNITY DEVEL. BLOCK GRANT 1,743,154 751.713 43.1%': 2,440,428 610,947 25.0% 133 TRAFFIC ENFORCEMENT GRANT 8,425 #DIV/0! #DIV/0! 134 COPS/SCHOOL BASED PARTNERSHIP 11 #DIV/0! #DIV/0! 135 BJA BLOCK GRANT 60 #DIV/0! #DIV/0! 140 F.A.U./I.S.T.E.A./T21 325,000 - 0.0% 1,513,511 15,481 1.0% 141 G.R.E.A.T. GRANT 140,697 0.0%: i ( 140,697 70,155 49.9% 142 OCJP DOMESTIC VIOLENCE GRANT 21 #DIV/0! #DIV/0! 143 LA COUNTY PARK BOND #DIV/0! 94,366 97,830 103.7 144 TREE FUND (4) #DIV/01 #DIV/0! 145 WASTE MGT ENFORCEMENT - GRANT 16,700 15,940 95.5 % ::'. 15,649 7,675 49.0 % 146 SENIOR MEALS PROGRAM 195,466 34,252 17.5% ; 212,716 118,892 55.9% 148 SCAQMD ELEC. VEH. CORRIDOR GRANT #DIV/0! 2,520 0.0% 149 USED OIL BLOCK GRANT 57,210 7,094 12.4% 69,410 8,785 12.7% 150 INMATE WELFARE 15.000 6,816 .45.4% 19,500 3,643 18.7% 152 BKK COMMUNITY - 2,659 #DIV/0! 1,527,960 1,511,397 98.9% 153 PUBLIC SAFETY AUGMENTATION 600,000 214,100 35.7% 722,644 300,980 41.6% 154 PRIVATE GRANTS - 136 #DIV/0! #DIV/0! 155 COPS/SLES 160,000 222,009 138.8% >'iSi 18,766 7.829 41.7% 157 ELECTRIC VEHICLE AQMD MATCH 7 #DIV/0! #DIV/0! 158 C.R.V. /LITTER REMOVAL GRANT 33,709 30,952 9178% : `> 33,839 12,748 37.7% 159 SUMMER MEALS PROGRAM 28,877 20,773 71.9%':`:!'i 29,029 22,293 76.8% 169 STATE PARK BOND GRANT #DIV/0! 400,368 391,830 97.9% 181 MAINTENANCE DISTRICT#1 193,900 149,164, 76.9% 231,481 90,506 39.1% 182 MAINTENANCE DISTRICT #2 82,200 53,309 64.9% i :: 92,715 31,725 34.2% 184 MAINTENANCE DISTRICT #4 1,037,700 446,492 43:0% 1,048,246 561,506 53.6% 186 MAINTENANCE DISTRICT #6 114,700 46,462 40.5% 134,303 48,047 35.8% 187 MAINTENANCE DISTRICT #7 99,900 42,730 42.8%" 129,400 55,322 42.8% 188 CITYWIDE MAINTENANCE DISTRICT 1,386,696 555,331 40.0% 1,388,363 608,917 43.9% 189 SEWER MAINTENANCE 1,309,200 577,968 44.1% : 1,477,743 642,622 43.5% 190 BUSINESS IMPROVEMENT DISTRICT 87,000 34,121 39.2%iiii 91,548 21,048 23.0% 193 BJA LLEBG 2000-2002 . .5 #DIV/0! #DIV/0! 194 OCJP - CLETEP 273 #DIV/0! #DIVlO! 195 BULLET PROOF VEST GRANT 13,729 (71) -0.5% #DIV/0! 196 STATE DOMESTIC PREP EQUIP GRANT 13,499 #DIV/0! 698 #DIV/01 197 COPS/SRO 110 #DIV/0! #DIV/0! 198 OTS CSBCC GRANT #DIV/0! 116,034 32,271 27.8 199 MTA GRANT q12,947 #DIV/0! #DIV/0! 203 CHARTER SETTLEMENT FUND 5,897 #DIV/0! 445,290 230,093 51.7% 204 COPS TECHNOLOGY GRANT 200,454 #DIV/0! 197,446 4,950 2.5% 205 CHARTER PEG FUND 150,000 153,065 102.0%'??` 141,388 40,216 28.4% 206 2004 HOMELAND SECURITY GRANT 3,000 0.0%:. 27,155 20,096 74.0% 208 JUSTICE ASSISTANCE GRANT #DIV/0! 2,051 0.0% 209 RIVERS & WATER CONSERVATION #DIV/01 235,299 265,449 112.8% 210 LA COUNTY 5TH DISTRICT GRANT #DIV/0! 91,325 107,028 117.2% '211 LAND & WATER CONSERVATION #DIV/0! 145,270 170,576 117.4% 212 ART IN PUBLIC PLACES 9,955 #DIV/0! #DIVlO! 213 STATE HOMELAND SECURITY GRANT 50,000 0.0%:...*,....76,681 23,829 31.1 214 USDOJ COPS GRANT #DIV/0! 40,531 22,893 56.5 215 N AZUSA RELINQUISHMENT 34,772- #DIV/0! 1,862,176 31,112 1.7% wcbudget \ FINAL 2006-2008 \Quarterly Report -Non GF Rev & Exp FY 06-07 - As of 12-31-06 2/2/2007 1 of 2 City of West Covina REVENUE and EXPENDITURES NON -GENERAL FUNDS ONLY As of 12-31-06 Attachment 2 REVENUE EXPENDITURES Adjusted As of 12/31/06 Percent Adjusted As of 12/31/06 Percent FUND# FUND DESCRIPTION Estimate report run 01126/07 of Budget report run 01/26/07 of FY 06-07 Estimate FY 06-07 Budget 216 SAFE ROUTHES TO SCHOOLS GRANT 239,301 #DIV/0! 30,053 0.0 217 BUFFER ZONE PROTECTION PROGRAM 27,781 #DIVIO! 19,625 4,783 24.4% 218 2006 HOMELAND SECURITY GRANT 703,854 0.0% 703,854 515,016 73.2% TOTAL SPECIAL REVENGE FUND TYPES 17,814,469 9.010,183 50.6% .:;.:.; 28,130.416 11,080,009 39.4% CAPITAL PROJECT FUND TYPE 160 CAPITAL PROJECTS 38,335,648 37,500,615 97.8% iiii 56,795,942 6,287,829 11.1 % 161 CONSTRUCTION TAX 125,000 164,846 131.9% :::: 579,941 57,323 9.9 % 163 PARKS 22,500 22,176 98.6% :.... 104,605 35,091 33.5% 170 PARK DEDICATION FEES "A" 2,781 #DIV/0! 263,888 232,999 88.3 171 PARK DEDICATION FEES "B" 3,103 #DIV/0! 7,555 0.0% 172 PARK DEDICATION FEES "C" 80,710 2,292 2.8% ::: 207,810 5,790 2.8% 173 PARK DEDICATION FEES "D" 85 #DIV/0! #DIVlO! 174 PARK DEDICATION FEES "E" 15,019 #DIV/0! 501,043 352,536 70.4% 175 PARK DEDICATION FEES "F" 208,448 412,644 198.0% :::i 731,348 357,530 48.9% 176 PARK DEDICATION FEES "G" 7,692 #DIV/01 1,104,175 793,862 71.0% 177 PARK DEDICATION FEES "H" (290) #DIV/0! #DIV/0! 367 CIP-VEHICLE 24,585 #DIV/01 261,000 87 0.0% TOTAL' CAPITAL PRO [ECT FUND TYPES '-„ „ ; 38,772,306 38,155,547 98.4% ' ;: 60,557.307 8,113,047 13.4% DEBT SERVICES FUND TYPES 300 DEBT SERVICE -CITY 10,438,151 4,319;776 41.4% 4,051,713 3,976,262 98.1 % TOTAL DEBT SERVICES FUNO TYPES a_.r I 10,438,151 4,319,776 41.4% , ,.;, 4,051,713 3,976,262 98.1 PROPRIETARY FUND TYPES INTERNAL SERVICE FUND TYPES 360 UNINSURED LOSS CITY PROPERTY 30,307 #DIV/0! 273,385 163,318 59.7% 361 GENERAL LIABILITY 1,236,500 683,800 55.3 % ':?:'%:: 1,136,500 911,044 80.2% 363 WORKER'S COMPENSATION 1,416,524 971,861 68.6%'#: 1,431,974 798,930 55.8% 365 FLEET MANAGEMENT 1,325,726 567,430 42.8%:::; 1,380,721 870,782 63.1% ENTERPRISE FUND TYPES 375 POLICE SERIVCE GROUP 1,700,000 1,698,573 99.9% 3,253,453 1.552,777 47.7% 70TA1 PROPRIETARY FUND TYPES '' 5.678.750 3,951,972 69.6% ,. , 7,476,032 4,296,850 57.5% COMMUNITY DEVELOPMENT COMMISSION CDC CAPITAL PROJECT FUND TYPE.' 862 HOUSING SET -ASIDE 3,853,200 415,200 10.8% :` i 3,542,802 1,641,080 46.3% 863 H.O.M.E. PROGRAM 891 #DIV/0! #DIV/0! 876 MERGED AREA CAPITAL PROJECTS 2,838,000 8,730,490 307.6% 13,939,793 11,127,958 79.8% 877 CITYWIDE AREA CAPITAL PROJECTS 1,035,000 22,706 2.2% '' 2,148,501 1,626,298 75.7% CDC DEBT SERVICE FUNDS: 853 CFD DEBT SERVICE 4,408,000 1,672,842 38.0% 4,290,700 2,914,633 67.9% 882 MERGED AREA DEBT SERVICE 13,954,000 5,393,342 38.7 % 14,080,880 3,457,571 24.6% 883 CITYWIDE AREA DEBT SERVICE 1,393,000 713,641 51.2% 1,688,680 147,088 8.7% CDC Fund Transfers In / Transfers Out (6,452.200) 0.0% 3,899,000 0.0% TOTAL` CDC (net of transfers)„ µ, 21,029,000 16,949,113 80.6 % 43,590,356 20,914,628 48.0% TOTAL NON-GENERAI:nFUND� . 93,732,676 72,386,590 77.2% �i 143,805,824 48,380,797 33.6% wcbudget \ FINAL 2006-2008 \Quarterly Report - Non GF Rev & Exp FY 06-07 As of 12-31-06 2/22007 2 of 2