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HomeMy WebLinkAbout1998-05-21 City Council (5)BUDGET ’98- ’99 City of Palo Alto City, Manager’s Report, TO:HONORABLE CITY COUNCIL FROM:CITY MANAGER DEPARTMENT: ADMINISTRATIVE SERVICES DATE: SUBJECT: MAY 21, 1998 CMR:248:98 RESPONSES TO FINANCE COMMITTEE QUESTIONS DURING REVIEW OF THE PROPOSED 1998-99 BUDGET AND RECOMMENDED CHANGES TO THE PROPOSED 1998-99 BUDGET RECOMMENDATION Staffrecommends that the Finance Committee approve the changes in the Proposed 1998-99 Budget, detailed in Attachments A and B. BACKGROUND This report responds to the questions raised by the Finance Committee during its review of the Proposed 1998-99 Budget. It also contains the changes made by the Finance Committee to the Proposed Budget and some changes proposed by staff for items that have come up since the Proposed Budget document was printed. Staffrequests that the Finance Committee review the enclosed information and approve the recommended changes to the Proposed 1998-99 Budget. DISCUSSION Finance Committee Questions and Requests for Information: 1.Is there any standard for the dollar amount of budget changes during the year? There is no standard that staff is aware of. However, the Intemational City/County Management Association and the Government Finance Officers Association provide certain principles and recommendations with respect to budget amendments, discussed below. A government should periodically monitor the assumptions on which the Budget is based, as well as changing conditions and programs or services that are not producing the desired results. Mid-period adjustments to the budget are appropriate to address unforseen events or significant deviations from these assumptions. Valid reasons for CMR:248:98 Page 1 of 6 amendments to the budget include emergencies, increased expenditures which are funded by new revenues, and approval of negotiated wage and benefit packages (because the timing of the settlement often cannot be controlled within the budget approval schedule). Additional authorizations to finance services should be avoided unless they are based on additional generation of revenues. A government should adopt policies to provide for these adjustments, as follows: Establish a stabilization fund which may be used to address cash flow shortages, emergencies, unanticipated economic downtums or unpredicted one-time expenditures. A policy on minimum and maximum reserve levels may be advisable. Have a policy to guide the financial actions it will take in the event of emergencies, natural disasters, or other unexpected events. Have a policy to limit the use of one-time revenueS for ongoing expenditures. The General Fund maintains a Budget Stabilization Reserve ($17.9 million, or 20 percent of expenditures), a Reserve for Emergencies (normally $5.6 million, reduced this year by $1.3 million due to the flood damage), and a Reserve for Infrastructure Improvements ($10.9 million). The City regularly appropriates a contingency amount in the Budget for the City Manager to use for salary adjustments and other unforeseen needs without having to return to Council for a budget amendment. Although the Council traditionally approves a number of amendments to the Budget during a fiscal ¯ year, the Budget Stabilization Reserve has typically been replenished at year-end as a result of budget savings. 2.Provide a proposal for improvements to downtown commute coordination. During fiscal year 1997-98, the Commute Coordinator has designated time to provide assistance and support to downtown area employers who are interested in developing commute alternative programs for their employees (CMR 310:97 dated July 7, 1997). The City agreed to provide a resource to work with the Chamber of Commerce, the Downtown Parking Committee and Downtown employers to help them develop Transportation Demand Management (TDM) programs for their employees. The assistance provided has included information on model programs, transit resources, and other TDM networking resources. During the next few months, staff will develop a, comprehensive proposal for a Downtown commute coordination program and will return to the Council with a CMR:248:98 Page 2 of 6 recommendation in the Fall. During this time, staff will evaluate the possibility of a cost sharing arrangement with the Chamber of Commerce. Staff will outline the program components based on Downtown needs, and consider options to serve other Palo Alto locations, including California Avenue merchants. The proposal will include detailed information regarding resource needs for a TDM program, including staffing requirements, staff levels, and workstation needs. Bring back information on the total amount spent on the Geographical Information System (GIS) to date. From 1987-88 through April 30, 1998, $2,614,358 has been spent on GIS. Of these actual expenditures, $988,004 has been funded by the General Fund (38 percent), and $1,626,354 has been funded by the Utility Funds (62 percent). How much is the maintenance for the Arts in Public Places Capital Improvement Program (CIP) Project? There is $5,000 in the operating budget to maintain public art. Currently a professional conservator is assessing the condition of public art in Palo Alto. The conservator’s report has been delayed because of the recent storms. If additional maintenance needs are identified in the report, funds may be requested in the next budget. ~ Provide more information on the art piece for Lytton Plaza - how much will it cost? There are two separate projects underway. The Public Arts Commission is working with the Downtown Urban Design Improvements CIP Project group and has selected artists and designs for art in Lytton Plaza. This will be paid for by the Downtown Urban Design CIP. In addition, the Public Arts Commission has considered placing a major piece of art in Lytton Plaza; it has also considered Civic Center Plaza and Cogswell Plaza. This is still in the development phase and would be paid for out of the Art in Public Places CIP. Are there any easement costs included in Project 19815, Arastradero Road Bike Lane Improvements CIP? CMR:248:98 Page 3 of 6 The CIP budget includes $10,000 for acquisition of the needed easements. e Provide information regarding the number of tax forms distributed by the libraries and an estimate of the staff time it takes to care for the tax forms, if possible. During 1998, approximately 60,400 tax forms and instructions were distributed. This involved 1,182 hours of staff time of 29 different people (.6 FTE) to order, stock and display the forms, and to provide public service information and directions regarding the forms. Storage and display of the forms and instructions required 908.5 cubic feet. Other impacts on library service include diversion of staff from other duties, loss of storage space, lack of parking spaces during the first two weeks in April, as well as the stressful environment created as the tax filing deadline approaches. Other sources where taxpayers may obtain forms include U. S. Post Offices, ordering by telephone, FAX or Internet from the Internal Revenue Service and State Franchise Tax Board, retrieving the forms from the Internet, copying forms at commercial photocopy services (e.g. Kinko’s has reproducible forms, is open 24 hours a day, and copying costs are less than in the libraries), or purchasing the forms at stationery stores. Staff envisions informing the public early in the tax season (beginning in December) and providing information about planning ahead and alternate sources for tax information. 8.Provide information on the money that is spent on bank card fees. In 1997-98, there is $26,350 budgeted for bank card fees. The 1998-99 Budget proposes an increase of $38,300, for a total budget of $61,650. The increases are $17,000 in Administrative Services (Revenue Collections), $1,500 in Community Services (Arts and Culture, Cubberley, Golf Course, and Recreation), $18,000 in Planning (Development Review, Application Review, Construction Review, and Construction Permits), $800 in the Police Department (Animal Services), and $1,000 for the Refuse Fund (Landfill Operations). For the adjusted 1997-98 Budget, excluding the revenue which Revenue Collections takes in (utilities, parking tickets, etc.), revenues in areas with bank card charges were $8,047,365. For 1998-99, again excluding Revenue Collections revenues, the proposed revenues in areas with bank charges are $7,950.971. CMR:248:98 Page 4 of 6 The City benefits by accepting credit card payments in the following ways: increased interest earnings resulting from prompt receipt of funds, reductions in bad debt due to the provision of a flexible payment option, reductions in administrative efforts resulting from ease of credit card processing, and improved customer service. Include sufficient funding for the special events shuttle through the July 4th event in 1999. There is an additional $5,000 in funding for the special events shuttle, which is a placeholder, pending further information from staff. Of this, $1,000 is to fund a shuttle for the July 4, 1999 festivities. The remaining $4,000 is to fund events taking place from January 1, 1999 through June 30, 1999, because it is currently thought that the funding in the 1998-99 budget will fund events only until the end of the 1998 calendar year, and not through the end of the 1998-99 fiscal year. The amount needed to fund special events will be finalized for Exhibit B. Information to be provided to Council separately, prior to Budget adoption: 1.Details regarding the proposed changes in the Public Information function. 2.Funding needs for La Comida. RESOURCE IMPACT The impact of the changes to the Proposed 1998-99 Budget is indicated at the end of each fund (Attachments A and B), and will be included in Exhibit B, which the full Council receives for Budget adoption. Attachment C is a revised General Fund Summary reflecting the changes in Attachment A. POLICY IMPLICATIONS These recommendations are consistent with existing City policies. ENVIRONMENTAL REVIEW There is no environmental assessment required for this report. ATTACHMENTS Attachment A Attachment B Attachment C Changes to the 1998-99 Proposed Budget (General Fund) Changes to the 1998-99 Proposed Budget (Utility Funds) 1998-99 General Fund Summary CMR:248:98 Page 5 of 6 PREPARED BY: Linda Craig, Senior Financial Analyst APPROVED BY: CITY MANAGER APPROVAL: CC: n/a CARL YEATSi/Director AdministrativaCServices vlanager CMR:248:98 Page 6 of 6 00 0 ~ o~ ATTACHMENT C: City of Palo Alto 1998-99 GeneralFund Sumh~ary ($O00’s) Revenues Sales Taxes Property Taxes Utility Users Tax Transient Occupancy Tax Other taxes, fines & penalties Service fees and permits Charges to Other Funds Rental Income Other Revenues Total Revenues Plus Operating Transfers In Residual Equity Transfer Expenditures Adminsitrative Departments Community Services Fire Planning Police Public Works Non-Departmental Contingency for Prop 218 Total Expenditures Operating Transfers Out Adjustment for Negotiated Salary Increases 1996-97 1997-98 Adopted Budget 19,700 8,370 5,485 5,700 5,718 8,705 7,619 ~ 9,847 9,56t 80,705 12,962 11,876 12,729 -13,678 16,514 17,466 17,856 12,841 12,723 13,290 4,498 4,666 5,085 15,354 15,856 16,273 9,970 10,748 11,134 4,816 8,168 7,079 1,000 1,000 85~95 6,090 5,812 1,251 Changes Proposed to Adjusted let 5O0 230 122 171 143 (73) 661 257 96 2,107 (118) 41 1,236 243 39 417 269 2,111 (1,000) 363 % Change 2.5% 2.7% 2.2% 3.0% 2.5% -0.8% 8.7% 2.6% 1.0% 2.6% 0.3% 6.9% 1.8% 0.8% 2.6% 2.4% 29.8% -100.0% 3.9% 6.2%