Agenda Item 2 - CONSIDERATION OF THE SECOND QUARTER FINANCIAL REPORT FOR FISCAL YEAR 2021-22AGENDA ITEM NO. 2
AGENDA STAFF REPORT
City of West Covina I Office of the City Manager
DATE: February 15, 2022
TO: Mayor and City Council
FROM: David Carmany
City Manager
SUBJECT: CONSIDERATION OF THE SECOND QUARTER FINANCIAL REPORT FOR FISCAL
YEAR 2021-22
RECOMMENDATION:
It is recommended that the City Council take the following actions:
1. Receive and file the Second Quarter Financial Report for Fiscal Year 2021-22; and
2. Adopt the following resolution:
RESOLUTION NO. 2022-15 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST
COVINA, CALIFORNIA, ADOPTING A BUDGET AMENDMENT FOR THE FISCAL YEAR
COMMENCING JULY 1, 2021 AND ENDING JUNE 30, 2022 (SECOND QUARTER FINANCIAL
REPORT)
BACKGROUND:
The City has completed the second quarter of Fiscal Year 2021-22. This report summarizes the overall
financial performance of the City for the period of July 1, 2021 through December 31, 2021, but it is not
meant to be inclusive of all finance and accounting transactions. While the focus of the report is the
General Fund, summary financial information is also provided for the Enterprise Fund and Special
Revenue Funds. The information presented is unaudited. This report is intended to provide City Council
and the public with an overview of the City's general fiscal condition.
The City will make the Quarterly Financial Report available on the City's website for review by the City's
stakeholders.
DISCUSSION:
The revenue and expenditures per the Budget to Actual comparisons include adjustments for carryovers
and any appropriations made as of December 31, 2021. The information presented reports revenues as
they are received and expenditures when paid. Revenues and expenditures are only accrued at year end
to account for such activity in the correct fiscal year.
Additionally, a budget amendment is proposed with the Quarterly Report to adjust revenue and
expenditures based on activity to date.
LEGAL REVIEW:
The City Attorney's Office has reviewed the resolution and approved it as to form.
Prepared by: Stephanie Sikkema, Finance Director
Fiscal Impact
FISCAL IMPACT:
The original adopted General Fund budget for FY 2021-22 was $67,814,100 for revenues and
expenditures. Council added personnel and crossing guard services increasing expenditures to
$69,859,100 and revenue to $67,880,100.
After adjusting revenues by $1,030,000 to $71,077,100 and expenditures by $7,674,500 to
$78,448,624, the revised General Fund budget is projected to be negative $7,371,524 by the end of this
fiscal year. However, $7,087,000 of this is the allocation of unassigned fund balance making the true
net revenue and expenditures negative $284,524.
Proposed General Fund (Fund110) changes are summarized as follows
*riginal
Current
Aequested :,
Amended
Budgetd,•Budget
Revenue
Charges for Services
5,336,000
5,446,000
140,000
5,586,000
Cost Recovery
330,000
790,000
510,000
1,300,000
Fines & Forfeitures
608,000
705,000
50,000
755,000
Interdepartmental Charges
1,423,800
1,423,800
1,423,800
Licenses & Permits
1,964,100
1,964,100
330,000
2,294,100
Other Revenues
82,800
82,800
82,800
Other Taxes
8,167,200
8,167,200
8,167,200
Property Tax
28,204,200
28,204,200
28,204,200
Revenue from Other Agencies
4,483,300
4,549,300
4,549,300
Sales Tax
15,900,000
17,400,000
17,400,000
Transfers In
131,100
131,100
131,100
Use of Moneg & Prooertv
1,183,600
1,183,600
1,183,600
Revenue Total
rr
70,047,100
1,030,ODO
71,077,100
Expenditures
Administration
2,535,200
2,615,400
12,000
2,627,400
City Clerk
378,300
462.800
3,000
465,800
Community Development
1,862,900
2,366,900
18,750
2,385,650
Finance
1,996,600
1,996,600
2,386,000
4,382,600
Fire
16,989,200
17,449,200
234,500
17,683,700
Human Resources
666,200
666,200
74.000
740,200
Police
24,010,300
25,287,512
141,000
25,428,512
Public Services
5,593,200
5,733,500
80,250
5,813,750
Transfers Out
13,782,200
14,196,012
4,725,000
18,921,012
Expenditures..
rr
70,774,124rr
78,448,624
Prior General Fund Budget Amendments:
Resolution No. 2021-089, BA 004, New Employees
(2,010,000)
Resolution No. 2021-088, BA 011, Crossing Guards
31,000
Resolution No. 2021-102, BA 023, Municipal Fee Study
(84,500)
Resolution No. 2021-118, BA 028, 1Q Financial Report
1,336,476
Total GF Budget Amendments
(727,024)
Use of Unassigned Fund Balance 7.087,000 7,087,000
Net Impact to General Fund 442,600 (284,524)
Proposed changes to other funds are summarized below:
Attachments
Attachment No. 1 - Second Quarter Financial Report for Fiscal Year 2021-22
Attachment No. 2 - Resolution No. 2022-015
Exhibit A - Budget Amendment No. 034
CITY COUNCIL GOALS & OBJECTIVES: Enhance City Image and Effectiveness
Maintain Good Intergovernmental Relations
Achieve Fiscal Sustainability and Financial Stability
CITY OF
WEST COVINA
M IMI
Fiscal Year 2021-22
The City has completed the second quarter of Fiscal
Year 2021-22. This report summarizes the overall
financial performance of the City for the period of July
1, 2021, through December 31, 2021, but it is not
meant to be inclusive of all finance and accounting
transactions. While the focus of the report is the
General Fund, summary financial information is also
provided for the Enterprise Fund and Special Revenue
Funds. The information presented is unaudited. This
report is intended to provide City Council and the public
with an overview of the City's general fiscal condition.
The revenue and expenditures per the Budget to
Actual comparisons include adjustments for carryovers
and any appropriations made as of December 31,
2021. The information presented reports revenues as
they are received and expenditures when paid.
Revenues and expenditures are only accrued at year
end to account for such activity in the correct fiscal
year.
GENERALFUND
The General Fund is the general operating fund for the
City. It provides the resources to sustain the day-to-
day activities and services to the community. All nine
departments receive support, either directly or
indirectly, from the General Fund.
General Fund
Budget vs. Year -to -Date Actual
80,000,000 70,047,100 70,774,124
.r rrr rrr
0r rrr rrr
99 rrr
21,100,237
Revenue Expenditures
■Current Budget ■YTD Actual
ATTACHMENT NO. 1
The General Fund original budget for FY 2021-22 was
$67,814,100 for revenues and expenditures. With
amendments, the current FY 2021-22 budget is
$70,047,100 for revenues and $70,774,124 for
expenditures. With 50% of the year complete, General
Fund revenues are at 30% of budget and expenditures
are at 51%. This is typical as there is always a lag in
receiving revenues — specifically with taxes.
General Fund Revenue
C
r
Property Tax
28,204,200
5,565,997
19.7%
Sales Tax
17,400,000
6,798,723
39.1%
Other Taxes
8,167,200
2,067,294
25.3%
Charges for Services
5,446,000
2,929,123
53.8%
Revenue from Other Agencies
4,549,300
178,028
3.9%
Licenses & Permits
1,964,100
1,917,872
97.6%
Interdepartmental Charges
1,423,800
598,100
42.0%
Use of Money & Property
1,183,600
469,148
39.6%
Cost Recovery
790,000
177,660
22.5%
Fines & Forfeitures
705,000
379,638
53.8%
Transfers In
131,100 1
-
0.0%
Other Reeenues
82,800
18,655
22.5%
r r, rr
rr
r
The City's two major General Fund revenue sources
are Property Tax and Sales Tax which make up 65%
of the General Fund revenues.
• Property Tax: The first major apportionment
distribution to the City for FY 2021-22 was
received in December 2021. Included in this
line item are Secured Property Taxes, Property
Taxes In -Lieu of Vehicle License Fees (VLF),
and residual payments from the dissolution of
the former redevelopment agency. The first of
these payments are typically received in
January and therefore not reflected in the
reported quarter.
• Sales Tax: The City received its allocations
through October sales tax by December 2021.
As of December 31, 2021, the allocation
received represents approximately 39% of the
total sales tax allocation for the year. The City
will continue to receive sales tax allocations
City of West Covina
Second Quarter Financial Report FY 2021-2022
with the final quarter allocation distributed by
the California State Department of Taxes and
Fees Administration (CDTFA) in August 2022.
Sales Tax projections were adjusted with the
last Quarterly Budget Amendment.
• Other Taxes: This category includes
Franchise Fees, Business License Tax,
Transient Occupancy Tax (TOT), and Property
Transfer Tax. These revenues are not
received evenly throughout the year and,
except for Transient Occupancy Tax, are
expected to be on target by the close of the
fiscal year. Transient Occupancy Tax is up
45% from this quarter last fiscal year but
trending slightly under budget for the fiscal year
to -date at 46%.
• License & Permits: Revenues for licenses &
permits include building and engineering
permits, and animal licenses. Revenue
projections are trending higher than originally
projected mainly due to building activity
increases. Adjustments have been included in
the proposed Budget Amendment to reflect
these projections.
• Revenues from other Agencies: This
category includes Vehicle In -Lieu, State
Mandated Cost reimbursement revenue, the
exchange of Prop A funds, which are the
largest revenue source in this category, and
COVID-19 Relief Funds.
• Charges for Services: These revenues
include plan check and zoning related fees,
recreation fees, interfund charges, police and
fire fees. These fees are at approximately
53.8% as of December 2021.
Revenue projections were revised with the Quarterly
Report based on revenue trends, and activity to date.
The total proposed adjustment is an increase of
$1,030,000 in revenue to the General Fund.
my Tax
28,204,200
28,204,200
28,204,200
Tax
15,900.000
17,400.000
17,400,000
'Taxes
8,167.200
8,167.200
8,167,200
lea for Services
5,336,000
5,446,000
140,000
5,586,000
we from Other Agencies
4,483,300
4,549,300
4,549,300
sea & Permits
1,964,100
1,964,100
330,000
2,294,100
kpartmental Charges
1,423,800 '
1,423,800
1,423,800
rf Money & Property
1,183,600
1,183,600
1,183,600
& Forfeitures
608,000
705,000
50,000
755,000
Recovery
330,000
790,000
510,000
1,300,000
fern In
131,100
131,100
131,100
As of December 31, 2021, with 50% of the year
complete, $36 million or 51% of the General Fund
budget has been expensed (see chart below). Most
departments are at or below 50% through the end of
the quarter with the exception Fire, Human Resources,
and Police.
General Fund
Administration
2,615,400
1,209,290
46.2
City Clerk
462,800
151,690
32.8
Community Development
2,366,900
671,425
28.4
Finance
1,996,600
911,013
45.E
Fire
17,449,200
10,304,040
59.1
Human Resources
666,200
428,623
64.2
Police
25,287,512
13,167,157
52.1
Public Services
5,733,500
2,111,082
36.E
At the end of the quarter, six of the nine General Fund
department expenditures are at or below 50% of
budget. The Human Resources budget is at 64.3% of
the original budgeted amount through December 31,
2021. This is due to professional and legal services
trending over budget.
The Police (51.1%) and Fire (59.1%) Departments are
over budget mainly due to overtime costs that were not
budgeted in the FY 2021-22 budget. Staff is still
evaluating alternative options for the provision of fire
services to provide the City Council with various
options. Fire Mutual Aid overtime is also trending over,
therefore, a budget amendment has been included to
increase these expenditures and offsetting revenue.
Overtime expenditures should be 50 percent of budget
based on the number of pay periods for the end of this
quarter. The Police Department is trending over its
2 1 P a g e
City of West Covina
Second Quarter Financial Report FY 2021-2022
General Fund overtime budget by 42.6%, the Fire
Department overtime expenditures are trending over
budget by approximately 37.7%, excluding mutual aid
overtime which is fully reimbursable. Public Services is
also over 249% or $14,532 in overtime in the General
Fund.
General Fund Overtime
Department
Current Budget
YTD GF Overtime
%
Administration
2,000
1,051
52.6%
Finance
2,000
-
0.0%
Fire
1,700,000
1,491,722
87.7%
Police
1,526,000
1,412,941
92.6%
Public SeNces
9,700
24,232
249.80%
Overall, total General Fund Revenue ($21 M) less
expenditures ($36M) for the quarter to date is negative
$15 million. With the exception of last year when the
City had an inflex of revenue due to the pension bonds,
revenue less expenditures is actually up from prior
years.
Revenue Less Expenditures by FY
As of Second Quarter
o (2.00)
(4.00)
(6.00)
(8.00)
(10.00)
(12.00)
(14.00)
(16-00)
(18.00)
(20.00)
FYE2018 FYE2019 FYE2020 FYE2021 FYE2022
(17) (18)
The original adopted General Fund budget for FY
2021-22 was $67,814,100 for revenues and
expenditures. Council added personnel and crossing
guard services increasing expenditures to
$69,859,100 and revenues to $67,880,100. After
adjusting revenues by $1,030,000 to $71,077,100 and
expenditures by $7,674,500 to $78,448,624, the
revised General Fund budget is projected to be
negative $7,371,524 by the end of this fiscal year.
However, $7,087,000 of this is the allocation of
unassigned fund balance making the true net revenue
and expenditures negative $284,524.
Administration
2,535,200
2,615,400
12,000
2,627,400
City Cleric
378,300
462,800
3,000
465,800
Community Development
1,862,900 I
2,366,900
18,750
2,385,650
Finance
1,996,600
1,996,600
2,386,000
4,382,600
Fire
16,989,2001
17,449,200
234,500
17,683,700
Human Resources
666,200
666,200
74,000
740,200
Police
24,010,3001
25,287,512
141,000
25,428,512
Public SeMces
5,593,200
5,733,500
80,250
5,813,750
The requested General Fund budget amendment
includes the following:
1) Add a transfer to the Capital Improvement
Fund ($4,725,000) and Supplemental Retirement Plan
($2,362,000) to allocate FY 2020-21 Unassigned Fund
Balance — total of $7,087,000.
2) Add a total of $297k in Other Incentive
Programs to allocate funding for the one-time $3k paid
to the Miscellaneous labor groups upon ratification of
their Memorandum of Understandings.
3) Increase Mutual Aid Overtime by $225,500,
based on actuals year-to-date, which will be offset by
$510k in revenue.
4) Under Human Resources, add $15k for Tuition
Reimbursement as this was not included in the original
budget and increase Legal Services by $50k to fund
legal services provided for labor negotiations.
5) Revenues have been increased to reflect
actuals in Late Payment Penalty ($50k), Facility
Rentals ($40k), Street Improvements ($150k), Street
Obstruction ($80k), Encroachment (100k), and Plan
Check Fees ($100k).
Excluding the use of unassigned fund balance, the
overall net impact of these revenue and expenditure
changes is a $442,500 increase to the General Fund.
ENTERPRISE FUND
The Police Department's Computer Service Group is
trending over budget by 24%. This is due to services
paid and received annually. Overall, the Police
3 1 P a g e
City of West Covina
Second Quarter Financial Report FY 2021-2022
Enterprise Fund is expected to finish the year within
budget and with excess revenue.
Police Enterprise Current Budget YTD Actual %
tt 304,919
.• 390,902 t
GrnnA Tn}al �� 807,302 594,131 73.6%
OTHER FUNDS
Special Revenue Funds are restricted in their use for
specified purposes. Budget versus actual comparisons
for both revenue and expenditures for Special
Revenue Funds are presented below:
avenue
59,682,862
13,277,248
22.2%
Assessment Districts
4,676,700
1,708,190
36.5%
CDBG
3,313,566
93,141
2.8%
CIP
-
-
100.0%
Gas Tax
2,745,100
1,313,149
47.8%
Grants
15,198,318
453,560
3.0%
Measure M
1,522,200
924,175
60.7%
Measure R
1,341,700
817,319
60.9%
Prop
2,246,600
1,313,652
58.5%
Prop C
1,902,600
1,089,655
57.3%
SB1
2,680,300
724,883
27.0%
Sewer Maintenance
3,230,000
1,704,421
52.8%
Sportsplex
-
160,650
100.0%
Other Special Revenue
20,825,778
2,974,454
14.3%
cpenditum
79,348,746
20,798,570
26.2%
Assessment Districts
4,660,517
1,562,748
33.5%
CDBG
3,469,866
124,559
3.6%
CIP
3,747,331
701,891
18.7%
Gas Tax
2,959,000
935,371
31.6%
Grants
25,138,039
7,531,523
30.0%
Measure M
676,000
84,949
12.6%
Measure R
2,128,100
382,207
18.0%
Prop A
2,130,900
73,770
3.5%
Prop C
2,149,600
580,787
27.0%
SB1
2,263,183
350,164
15.5%
Sewer Maintenance
5,726,904
497,517
8.7%
Sportsplex
1,498,929
223,625
14.9%
In addition to the amendments being proposed under
the General Fund, the following amendments are
recommended for other funds:
1) Add a total of $445k in Other Incentive
Programs in Fund 179 (ARPA Local Fiscal Recovery
Funds) to allocate funding for the one-time $5k paid to
the Police labor groups upon ratification of their
Memorandum of Understandings. Essential Worker
pay is an eligible expense for the Local Fiscal
Recovery Funds. Additionally, this increase is
proposed to be offset by a reduction to the Fire Station
Repairs project (22010).
2) Add a total of $500k in PSA for Health
Department Services in Fund 179 (ARPA Local Fiscal
Recovery Funds) to allocate funding a Community
Needs Assessment, Community Health Improvement
plan, and a Feasibility study.
3) Add $124,209 in the Capital Projects Fund
(Fund 160) to rollover Project No. 19038, Fire Station
Pre -Alerting System, from the prior fiscal year.
4) Add $4,275,000 Transfer In under the Capital
Improvement Fund (Fund 160) as part of the FY 2020-
21 Unassigned Fund Balance allocation.
After the proposed adjustments, the revenues and
expenditures for all other funds will be trending within
budget.
FOR MORE INFORMATION
This summary report is derived from detailed financial
information generated by the City's Finance
Department. Additional financial information is
available online at www.westcovina.org.
4 1 P a g e
ATTACHMENT NO.2
RESOLUTION NO.2022-015
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WEST COVINA, CALIFORNIA, ADOPTING A BUDGET
AMENDMENT FOR THE FISCAL YEAR COMMENCING
JULY 1, 2021 AND ENDING JUNE 30, 2022 (SECOND
QUARTER FINANCIAL REPORT)
WHEREAS, the City Manager, on or about June 15, 2021, submitted to the City Council a
proposed budget for the appropriation and expenditure of funds for the City of West Covina for Fiscal
Year 2021-22; and
WHEREAS, following duly given notice and prior to budget adoption, the City Council
held public meetings, considered and evaluated all comments, and adopted a budget for the fiscal
year commencing July 1, 2021 and ending June 30, 2022; and
WHEREAS, amendments must periodically be made to the budget to conform to changed
circumstances following adoption of the budget.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF WEST COVINA,
CALIFORNIA DOES RESOLVE AS FOLLOWS:
SECTION 1. The City Council hereby approves Budget Amendment No. 034, attached
hereto as Exhibit A, for Fiscal Year 2021-22.
SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall enter
the same in the book of original resolutions and it shall become effective immediately.
APPROVED AND ADOPTED this 15th day of February, 2022.
APPROVED AS TO FORM
Thomas P. Duarte
City Attorney
Dario Castellanos
Mayor
ATTEST
Lisa Sherrick
Assistant City Clerk
I, LISA SHERRICK, Assistant City Clerk of the City of West Covina, California, do hereby
certify that the foregoing Resolution No. 2022-015 was duly adopted by the City Council of the City
of West Covina, California, at a regular meeting thereof held on the 15th day of February, 2022, by
the following vote of the City Council:
AYES:
NOES:
ABSENT:
ABSTAIN:
Lisa Sherrick
Assistant City Clerk
EXHIBIT A
BUDGET AMENDMENT
CITY OF WEST COVINA
BUDGET AMENDMENT
BA # 034
Posted By:
Date Posted:
Date: 02/15/2022 Fiscal Year: 2021-2022
Requested by: S. Sikkema Amount: 7,798,709.00
Dept/Div: Finance Description: 2nd Quarter Budget Amendment
EXPENDITURES
Account Number I Dept/Account Description
Current Budget
Proposed Amendment
Amended Budget
Use of Unassi ned Fund Balance
110.95.9500.9160 TRANSFER OUT
4 725 000.00
4,725,000.00
110.13.1310.5168 ISUPPLEMENTAL RETIREMENT PLAN
2 362 000.00
2,362,000.00
Subtotal Use of Unassi ned Fund Balance
7,087,000.00
7,087,000.00
One -Time Payments per
Misc. MOUs
110.11.1120.5127
OTHER INCENTIVE PROGRAMS
3,000.00
3,000.00
110.11.1340.5127
OTHER INCENTIVE PROGRAMS
9,000.00
9,000.00
110.12.1210.5127
OTHER INCENTIVE PROGRAMS
3,000.00
3,000.00
110.13.1310.5127
OTHER INCENTIVE PROGRAMS
24 000.00
24 000.00
110.14.1410.5127
OTHER INCENTIVE PROGRAMS
91000.00
91000.00
110.31.3110.5127
OTHER INCENTIVE PROGRAMS
33 000.00
33 000.00
110.31.3115.5127
OTHER INCENTIVE PROGRAMS
18 000.00
18 000.00
110.31.3116.5127
OTHER INCENTIVE PROGRAMS
42 000.00
42 000.00
110.31.3120.5127
OTHER INCENTIVE PROGRAMS
28 380.00
28 380.00
110.31.3121.5127
OTHER INCENTIVE PROGRAMS
6,000.00
6,000.00
110.31.3125.5127
OTHER INCENTIVE PROGRAMS
1,620.00
1,620.00
110.31.3130.5127
OTHER INCENTIVE PROGRAMS
12 000.00
12 000.00
110.32.3210.5127
OTHER INCENTIVE PROGRAMS
6,000.00
6,000.00
110.32.3230.5127
OTHER INCENTIVE PROGRAMS
3,000.00
3,000.00
110.61.4140.5127
OTHER INCENTIVE PROGRAMS
2,550.00
2,550.00
110.61.4142.5127
OTHER INCENTIVE PROGRAMS
660.00
660.00
110.61.4144.5127
OTHER INCENTIVE PROGRAMS
840.00
840.00
110.61.4147.5127
OTHER INCENTIVE PROGRAMS
6,120.00
6,120.00
110.61.5110.5127
OTHER INCENTIVE PROGRAMS
54 180.00
54 180.00
110.61.5132.5127
OTHER INCENTIVE PROGRAMS
600.00
600.00
110.61.5133.5127
OTHER INCENTIVE PROGRAMS
600.00
600.00
110.61.5135.5127
OTHER INCENTIVE PROGRAMS
600.00
660.00
110.61.5161.5127
OTHER INCENTIVE PROGRAMS
7,500.00
7,500.00
110.61.5162.5127
OTHER INCENTIVE PROGRAMS
2,100.00
2,100.00
110.61.5165.5127
OTHER INCENTIVE PROGRAMS
2,550.00
2 550.00
110.61.5180.5127
OTHER INCENTIVE PROGRAMS
1,950.00
1,950.00
110.71.2110.5127
OTHER INCENTIVE PROGRAMS
8,850.00
8,850.00
110.71.3125.5127
OTHER INCENTIVE PROGRAMS
3,000.00
3,000.00
110.71.4110.5127
OTHER INCENTIVE PROGRAMS
6,750.00
6,750.00
110. 71. 4182. 5127
OTHER INCENTIVE PROGRAMS
150.00
150.00
Subtotal One -Time Pa
ments per Misc. M0U5
297 000.00
297 000.00
110.32. 3210. 5129
MUTUAL AID OVERTIME
674 500.00
225 500.00
900 000.00
110.14.1410.6022
TUITION REIMBURSEMENT
15 000.00
15 000.00
110.14.1410.6111
ILEGAL SERVICES
50 000.00
50 000.00
100 000.00
ARPA LOCAL FISCAL
RECOVERY FUNDS
179.31.3110.5127
OTHER INCENTIVE PROGRAMS
445 000.00
445 000.00
179.80.7003.7900
CIP - MISCELLA.NEOUS
22011.179.7900
PSA for Health Dept. Services
98 190.00
500 000.00
598 190.00
179.80.7003.7900
CIP -MISCELLANEOUS
22010.179.7900
IFIRE STATION REPAIRS
4,960,000.00
945 000.00
4, O15,000.00
Subtotal ARPA LOCAL
FISCAL RECOVERY FUNDS
5,058,190.00
5,058,190.00
160.80.7003.7900
1CIP - MISCELLANEOUS
19038.160.7900
IFIRE STATION PRE -ALERTING SYSTEM
43 233.00
1 124 209.00
1 167 442.00
5 825 923.00
1 7,798,709.00
13 921,632.00
REVENUES
Account Number
I Account Description
Current Budget
Proposed Amendment
Amended Budget
160.00.9110
TRANSFER IN
4,725,000.00
4,725,000.00
110.00.4301
LATE PAYMENT PENALTY
68 000.00
50 000.00
118 000.00
110.32.4901
MUTUAL AID COST REIMBURSEMENT
790 000.00
510 000.00
1,300,000.00
110.61.4682
FACILITY RENTALS
72 000.00
40 000.00
112 000.00
110.71.4251
STREET IMPROVEMENTS
50 000.00
150 000.00
200 000.00
110.71.4272
STREET OBSTRUCTION
107 100.00
80 000.00
187 100.00
110.71.4273
ENCROACHMENT
46 000.00
100 000.00
146 000.00
110.71.4614
PLAN CHECK FEES
375 000.00
100 000.00
475 000.00
1,508,100.00
5,755,000.00
7,263,100.00
REASON/JUSTIFICATION Please be specific)
2nd Quarter Budget Amendment
APPROVALS
City Council Approval Date (if required, attach minutes): o Approval Not Required
Dept Head Approval:
Date:
Finance Director: Date:
Funds Available? o Yes No
Manager: Date: