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Item 6 - CONSIDERATION OF A RESOLUTION AMENDING THE FY 2021-2022 BUDGETAGENDA ITEM NO.6 AGENDA STAFF REPORT City of West Covina I Office of the City Manager �14 EST CO�I�� DATE: August 16, 2022 TO: Mayor and City Council FROM: David Carmany City Manager SUBJECT: CONSIDERATION OF A RESOLUTION AMENDING THE FY 2021-2022 BUDGET RECOMMENDATION: It is recommended that the City Council approve the following resolution: RESOLUTION NO. 2022-86—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 (PRELIMINARY END OF YEAR ADJUSTMENTS) BACKGROUND: The City Council adopted the Fiscal Year 2021-2022 budget on June 15, 2021 through the adoption of Resolution No. 2021-66. The budget covered the period from July 1, 2021 through June 30, 2022. Amendments must periodically be made to the budget to conform to changed circumstances following adoption of the budget. DISCUSSION: A budget amendment is proposed to adjust revenue and expenditures based on preliminary activity through June 30, 2022. This amendment includes the following adjustments: General Fund • Salaries and benefits are proposed to be adjusted based on actuals to -date. • Fuel: The price of gas has increased and thus expenditures have exceeded budgetary amounts across several divisions. *Contracted services: Building, planning and engineering permits have surpassed estimated numbers. Thus, the revenue (Plan Check Fees) and associated expenditures is proposed to be increased as applicable. Additionally, staff has corrected its accounting for sales tax auditing by adding an expenditure and increasing sales tax revenue accordingly. This was previously accounted for within sales tax revenue. Lastly, due to recent labor negotiations, legal and professional services within Human Resources have exceeded budgetary amounts. • Staff proposes increasing the budget for account overages in vehicle maintenance and utilities. •A transfer to the Self Insurance General/Auto Liability Fund is also proposed to cover unexpected claims. This transfer is offset by decreasing an expense. • Overall, the net impact to the General Fund is Zero. Proposition C Fund *This is an administrative clean-up item. The City received notification of funding for the Traffic Signal at Cameron/Barranca (Project No. 18040) in a prior year and the budget was not carried over. Therefore, staff proposes re -appropriating the funds. Gas Tax Fund •Actuals for electricity and professional services are over budget and are recommended being increased. CDBG Fund *This is an administrative clean-up item. Partial funding for Friendship Park (Project No. 21035) from the prior year was not carried over into FY2021-22. Therefore, staff proposes re -appropriating the funds. Waste Management Enforcement Grant *The cost of environmental services exceeded original budgetary estimates. Therefore, staff recommends increasing the appropriation in this special revenue fund. • Overtime for this program exceeded budget but will be reimbursed by the state. IP Fund *This is an administrative clean-up item. Funding to replace the sign at City Hall (Project No. 22028) was included in the FY2022-23 budget, however staff was able to initiate and complete the project before the start of the fiscal year. Therefore: funding needs to be moved back into the FY2021-22 budget. Measure R • Contract services for street sweeping has come in slightly over budget, however there is funding in this Special Revenue fund to cover the overage. Taskforce Regional Auto Theft Prevention Fund • Overtime for this program exceeded budget but will be reimbursed by the county. Debt Service Fund • Cost for ongoing bond administration was not included in the budget, however there is funding within fund to over the overage. Self Insurance General/Auto Liability Fund • Staff has been working with attorneys to actively address the list of claims against the city. As a result, the amount claims paid this fiscal year exceeded the budget. Therefore, staff recommends increasing the budget and transferring funds from the General Fund and Workers' Comp Fund to address this overage. Self -Insurance - Workers' Como Fund *The City has experience more workers' comp claims than budgeted. Funded is available within the fund to cover these additional expenses. Fleet Management Fund • Fuel costs have been rising and continue to increase. As a result, fuel expenditures have exceeded appropriations. The proposed amendment increases expenditures and offsetting revenue charged back to various departments. Successor Housing Agency •The budget for the PIERS UAL payment was not included in the budget for this fund. 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 overall net impact of the proposed budget amendment to the City's General Fund is zero. The table below summarizes the overall changes in the proposed budget amendment by fund. Fund No. Fund Name Revenue Expenditures Re Less 110 General Fund 4,364,00 4,364,0001 0 1221 Proposition C 416,000 134,000 282,000 124I Gas Tax 0 36,000 (36,000) 131 CDBG 100,000 (100,000) 145 Waste Mgmt Enforcement Grant 0 3,000 (3,000) 155 Cops/SLESF 55,000 50,000 5,000 160 CIP 0 125,000 (125,000) 224 233 Measure RTaskforce p Autotheft e entionRegional 6,000 29,600 6,000 29,600 0 300 Debt Service 5,000 5,000 0 361 Self Insurance Genri/Auto Liab 1,200,00 500,000 700,000 363I Self -Insurance -Workers' Comp 130,000 800,000 (670,000) 365I Fleet Management 200,000 200,0000 820I Successor Housing Agency 0 35,000 (35,000) TOTAL $6,405,600 $6,387,600 $18,000 Attachments Attachment No. 1 - Resolution No. 2022-86 CITY COUNCIL GOALS & OBJECTIVES: Achieve Fiscal Sustainability and Financial Stability ATTACHMENT NO. 1 RESOLUTION NO. 2022-86 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 (PRELIMINARY END OF YEAR ADJUSTMENTS) WHEREAS, the City Manager, on or about May 18, 2021, submitted to the City Council a proposed budget for the appropriation and expenditure of funds for the City for 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 on June 15, 2021 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. 088, 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 16th day of August, 2022. APPROVED AS TO FORM Thomas P. Duarte City Attorney Dario Castellanos Mayor ATTEST Lisa Sherrick Assistant City Clerk I, LISA SBERRICK, Assistant City Clerk of the City of West Covina, California, do hereby certify that the foregoing Resolution No. 2022-86 was duly adopted by the City Council of the City of West Covina, California, at a regular meeting thereof held on the 16th day of August, 2022, by the following vote of the City Council: AYES: NOES: ABSENT: ABSTAIN: Lisa Sherrick Assistant City Clerk EXHIBIT A BUDGET AMENDMENT BA # 088 CITY OF WEST COVINA Posted By: BUDGET AMENDMENT Date Posted: Date: 08/16/2022 Fiscal Year: 2021-2022 Requested by: S. Sikkema Amount: 6,387,600 Dept/Div: Finance Description: Perliminary adjustments based on end of year actuals to -date. EXPENDITURES Account Number Dept/Account Description Current Budget Proposed Amendment Amended I Budget Fund 110, General Fund 110.32.3210.5110 Sworn Full Time Salaries 7,019,200 211,000 7,230,200 110.32.3210.5113 Overtime Salaries 2,450,000 900,000 3,350,000 110.32.3210.5129 Mutual Aid Overtime 900,000 70,000 970,000 110.32.3210.5151 Workers' Compensation 562,900 270,000 832,900 110.32.3210.5156 Retirement - Safe 1-1-5 12- 700 288,000 11800,700 110.32.3210.5160 Retiree Medical Benefit 550,000 195,000 745,000 110.31.3130.5110 Sworn Full Time Salaries 1,293,400 450,000 1,743,400 110.31.3130.5113 Over Time Salaries 402,600 115,000 517,600 110.31.3130.5151 Workers' Compensation 121,700 45,000 166,700 110.31.3130.5156 Retirement - Safety 240,000 127 000 367,000 110.31.3130.5180 Leave Lump Sum - 66,000 66,000 110.31.3116.5113 Over Time Salaries 183,100 150,000 333,100 110.31.3110.5160 Retiree Medical Benefit 1,230,000 121,000 1,351,000 110.31.3125.5111 Full Time Salaries 30,900 11,000 41,900 110.32.3230.5180 Leave Lump Sum - 3,1000 3 000 110.31.3120.5110 Sworn Full Time Salaries 6,407,100 (230,000) 6,177,100 110.31.3121.5110 Sworn Full Time Salaries 438,700 (220,000) 218,700 110.14.1410.5112 Part Time Salaries - 30 000 30,000 110.14.1410.5113 Overtime Salaries - 30,000 30,000 110.11.1120.5111 Full Time Salaries 304 500 85 000 389,500 110.61.5110.5160 Retiree Medical Benefit 13,000 13 000 110.61.4140.5125 Vacation Buy Back - 5 000 5,000 110.61.4140.5152 Health/Flex Benefit 6,600 3,000 9,600 110.61.5150.5113 Over Time Salaries 9,700 10,000 19,700 Subtotal Salaries & Benefits 2,748,000 110.32.3210.8105 Fuel Usage Charges 109,200 75 000 184 200 110.31.3130.8105 lFuel Usage Charges 70,000 50,000 120,000 110.71.4120.8105 jFuel Usage Charges 5,000 5,000 10,000 Subtotal Fuel 130,000 110.71.4120.6120 Other Contractual Services 1,440,000 839 000 2,279,000 110.71.4130.6110 Professional Services 96,100 600 000 696 100 110.71.2110.6110 Professional Services 80,000 23,000 103 000 110.13.1310.6120 Other Contractual Services 14,400 100,000 114 400 110.14.1410.6110 Professional Services 125,000 40,000 165,000 110.14.1410.6111 Legal Services 100,000 55,000 155,000 Subtotal Contractual Services 1,657,000 110.61.5110.8104 Vehicle Maintenance Charges 1,800 12 000 13,800 110.61.4140.6142 Electricity 50,000 3,000 53,000 110.61.4140.6143 Water ISupplemental 8,000 3 000 11,000 110.95.9500.9361 Transfer Out - 700,000 700,000 110.13.1310.5168 Retirement Plan 2,362,000 889,000 1,473,000 Total General Fund 4,364,000 122.61.5142.8105 Fuel Usage Charges 35,400 12,000 47,400 122.61.5120.5113 Over Time Salaries - 1 000 1,000 122.61.5120.5125 Vacation Buy Back - 3 000 3 000 122.61.5120.5180 Leave Lump Sum - 2000 2,000 122.80.7006.7800 Street Light & Traffic Signal - 116 000 116,000 18040.122.7800 Traffic Signal Cameron/Barranca Subtotal Fund 122, Prop C 134,000 124.61.4150.6142!Electricity 163 900 30 000 193 900 124.71.4131.6110 jProfessional Services 1 71 400 6,000 77,400 Subtotal Fund 124, Gasoline Tax 36,000 Account Number Dept/Account Description Current Budget Proposed Amendment Amended Budget 131.80.7004.7700 CIP Park 100 000 100,000 21035.131.7700 Friendship Park Improvements 145.71.4182.6120 Other Contractual Services 115,700 3,000 118,700 155.31.3120.5113 Over Time Salaries - 50,000 50,000 160.80.7001.7500 Buildings - 125 000 125,000 22028.160.7500 City Hall Entry Signs - 224.61.4153.6130 Service Contracts 588,300 6,000 594,300 233.31.3130.5113 Over Time Salaries - 29,600 29,600 300.13.9000.6426 Ongoing Bond Costs 8,500 5,000 13,500 361.15.1520.6419 Claim Paid 1,750,000 500,000 2,250,000 363.15.1510.6419 Claim Paid 1,228,800 300,000 1,528,800 363.95.9500.9361 Transfer Out - 500 000 500,000 Subtotal Fund 363, Workers' Comp 800,000 365.61.4170.6485 jFuel Usage 600,000 200,000 800,000 820.71.2210.5182 JPER5 UAL Pmt - Miscellaneous -1 35,000 35,000 TOTAL EXPENDITURES 32,686 600 6 387 600 39 074 200 REVENUES Account Number Account Description Current Budget Proposed Amendment Amended Budget 110.00.4014 Residual/Excess Tax Increment 2,300,000 1,300,000 3,600,000 110.71.4614 Plan Check Fees 475,000 2,324,000 2,799,000 110.00.4110 Sales And Use Taxes 22,800,000 100,000 22,900,000 110.00.4580 Prop A Exchange 1,710,000 390 000 2,100,000 110.32.4609 Ambulance Services 2 300 000 250,000 2,550,000 Subtotal Fund 110, General Fund 4,364,000 122.61.4110 Sales Tax 1,890,200 300,000 2,190,200 122.61.4535 lGrants From Other Agencies - 116,000 116,000 Subtotal Fund 122, Prop C 416,000 155.31.4521 State Grant 205,002 55,000 260,000 361.00.9110 Transfer In 700,000 700,000 361.00.9363 ITransfer In 1 500,000 500,000 Subtotal Fund 361, Self Insurance Genrl/Auto Liab 1,200,000 365.61.4780 Interfund Charges - Fuel 600,000 200,000 800,000 224.61.4110 Sales Tax 1,331,700 6,000 1,337,700 233.31.4540 County Grants 176,800 29,600 206,400 300.00.4410 Interest Income 20,000 51000 25,000 363.15.4760 Interfund Charges 1,753,000 1 130,000 1,883,000 TOTAL REVENUE 35,561,700 6,405,600 41,967,300 APPROVALS City Council Approval Date (if required, attach minutes): Dept Head Approval: Date: Finance Director: Date: Funds Available? ❑ Yes ❑No City Manager: Date: ❑ Approval Not Required