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HomeMy WebLinkAbout1999-03-16 City Council (6)REVISED City of Palo Alto City Manager’s Report TO:’HONORABLE CITY COUNCIL ATTENTION: FINANCE COMMITTEE FROM: DATE: CITY MANAGER, MARCH 16, 1999 DEPARTMENT:ADMINISTRATIVE SERVICES CMR:173:99 SUBJECT:1998-99 MID-YEAR FINANCIAL SUMMARY AND BUDGET AMENDMENT ORDINANCE RECOMMENDATION Staff recommends that the City Council adopt the attached Budget Amendment Ordinance (BAO), which reflects midyear adjustments to the 1998-99 Budget, on the basis of updated revenue, expenditure, and reserve balance projections, a proposed Utilities Capital Improvement Program (CIP) project for the remodel of the third floor of the Civic Center, an adjustment to a Storm Drainage Fund CIP project, and a change .to the Table of Organization.. .~ BACKGROUND This report summarizes the financial results for the first six months of the fiscal year 1998-99 and updates budget projections for the full fiscal year, including reserve balances for the General Fund and Utilities Funds. A Midyear Financial Results section presents an overview of the adjustments being made (Attachment 1). It is followed by a more detailed discussion of the adjustments to the revenues, expenditures, and reserves of the City’s principal funds. DISCUSSION The financial position of the City remains healthy. At this time, the City and State appear to have weathered the negative effects of the severe Asian economic downturn and the recent turbulence of world financial markets. The General Fund is projected to report a net surplus t,,_,., ,.l,,,.,, $1.2 million in 1998-99, which represents an increase of $3.7 milli6n from the Adjusted Budget, of which $1.8 million will be used to replenish the Budget Stabilization Reserve (BSR) to the Council-approved maximum of $19 million. Of the CMR:173:99 _Page 1 of 3 remainder, $.3 million will go to the Streets and Sidewalks Reserve, $.3 million to the Reserve for Emergencies, and $1.2 million to the Infrastructure Reserve. The Electric Fund Distribution RSR is projected to end the year above the Council-approved maximum guideline level. The Electric Fund Supply RSR is projected to exceed the target level. Despite a 7 percent rate decrease, the Gas Fund Supply and Distribution RSRs will continue to exceed the maximum levels. The Water Fund RSR is projected to reach its~ maximum level by year-end. The Wastewater Collection and Refuse RSRs both are projected to exceed the Council-approved maximum levels, while the Wastewater Treatment RSR is projected to exceed its target level. Included in this report is a BAO (Attachment 2), which includes: Exhibits A and B, reflecting the associated budget adjustments being requested and Utility Fund summaries’; Exhibit C, the project description for proposed Utilities CIP project 19922, Renovation of Third Floor, Civic Center; Exhibit D, amending Collection System Improvement CIP project 8870; and Exhibit E, updating the Table of Organization. The report also includes a summary of the changes to the BSR to date (Attachment 3). RESOURCE IMPACT Adoption of the attached ordinance will allow for certain adjustments to the fiscal year 1998- 99 Budget, based upon updated projections and the establishment of a new Utilities CIP project. POLICY IMPLICATIONS This recommendation does not represent any change to existing City policies. ENVIRONMENTAL ASSESSMENT This is not a project for purposes of the California Environmental Quality Act (CEQA). ATTACHMENTS Attachment 1 Attachment 2 Exhibit A Exhibit B Exhibit C Exhibit D ¯ Exhibit E Attachment 3 Fiscal Year 1998-99 Midyear Summary Ordinance Approving Midyear Adjustments General Fund, Special Revenue Funds, and Capital Improvement Funds Utility Funds Renovation of Third Floor Civic Center, CIP 19922 Collection Systems Improvements, CIP 8870 Update to the Table of Organization Changes to the Budget Stabilization Reserve CMR:173:99 Page 2 of 3 PREPARED BY:Joyce Aung, Senior Accountant Shannon Gaffney, Senior Financial Analyst DEPARTMENT HEAD APPROVAL: CITY MANAGER APPROVAL: CC:N/A CMR:173:99 Page 3 of 3 Asian economic downtum and the t’ecent turbu- EXECUTIVE SUMMARY REVENUE OVERVIEW AND BUDGET lence of world financial markets, with revenues looking stroiag ant1 prrjected to exceed the adopted budget and prior year revenues. GENERAL FUND Revenue results at the midpoint of the 1998-99 fiscal year indicate a solid local and State econ- omy. Overall, the City and State appear to be withstanding the negative effects of the severe 1998-99 Difference1998-99 1998-99 Midyear (Midyear Actuals1997"98Adopted Adjusted Projected Projected toBudgetBudgetBudgetAdjusted) The only revenue area meriting surveillance is sales tax. This important revenue stream, which generates approximately 20 percent of the City’s ’ General Fund revenues, shows signs of flattening in 1998-99 and potentially remaining level in 1999-00. Traditionally, however, sales tax receipts for the fourth quarter of the calendar year have been strong and could provide a small correction to this trend. Sales Taxes $20,011 $20,200 $20,200 $20,300 $100 Property Taxes 8,903 8,635 8,635 9,135 . 500 Utility Users Tax 5,780 5,607 5,607 5,950 343 Transient Occupancy Tax 5,846 5,871 5,871 6,350 479 Other taxes, fines & penalties 6,694 5,861 5,861 6,686 825 Service fees and permits 8,872 8,849 8,849 8,589 (260) Charges to Other Funds 7,554 8,280 8,280 8,455 175 Rental Income 10,022 10,103 9,919 9,919 0 Other Revenues 10,036 9,479 9,499 10,435 936 Plus Operating Transfers In 12,824 12,771 13,267 14,439 1,172 Plus Residual Equity Transfer 402 402 0 (402) Plus Encumbrances and Reappropriatons 4,424 4,424 0 ;- ~$96,542 $96,058 $100,814 ~ $104,682~:L_~ LL$3,868Total Sodrc~ Of Funds Expenditures : Administrative Departments $14,888 $13,747 $16,975 $17,007 $32 Community Services 18,484 19,123 20,497 20,707 210 Fire 13,799 13,761 14,753 14,753 0 Planning 5,702 5,159 6,897 6,777 (120) Police 17,097 16,690 18,087 18,095 8 Public Works 11,692 11,403 13,545 13,627 82 N on-D epartm enta I 5,006 9,190 6,236 6,236 0 Tot~! Expenditnr_es"~$86,668 $89,073 $96,990 ~$97,202 " [ i:$212 Add: Operating Trans Out 7,886 6,175 6,248 6,248 0 Total Use of Funds $94,554 $95,248 $103,238 $103,450 -$212 Net Surplus/(Deficit)$1,988 $810 ($2,424)$1,232 $3,656 General Fund revenues and other funding sources are projected to increase by $3.9 million over the 1998-99 Adjusted Budget. This is due in.part to strong tax reve- nues, including property ($.5 million), transient occupancy ($.5 million), documentary transfer ($.6 million), and utility user ($.3 million). Other revenue increases include reimbursement from the Federal Emergency Man- agement Agency (FEMA) for 1998 winter storm dam- age ($.6 million), reimburse- ment from the sale of debt for money advanced by the General Fund for Golf Course improvements ($.7 million), reimbursement from the Electric Fund for line clearing ($.2 million), and other adjustments totaling $.7 million. Finally, there is a reduction of revenues associated with Sand Hill-Road develop- ment project ($.2 million), which should not have been part of the operating budget. General Fund expenditures are increasing by $.2 million over the 1998-99 Adjusted Budget. This change includes increased line clearing services ($.2 million), a one-time transfer of surplus funds from a parks improvement CIP to the parks oper- ating budget ($. 1 million), parks maintenance con- tracting ($.05 million), a series of adjustments in the Recreation Services functional area ($.04 mil- lion) and increased expenditures for the addition of a part-time clerical person in the Office of the City Man- ager ($.03 million). There are reduced expenditures associated with the Sand Hill Road project ($.2 million), which should not have adjustments, or by $1.2 million including the changes in the 1998-99 Adopted Budget. UTILITY FUNDS Electric Fund revenues are projected to end the year at $83.4 million, just below the Adjusted~ Budget. The reserve guidelines for the Electric Fund were revised last year. The Electric Fund Distribution RSR is project.ed to exceed the revised Council-approved maximum guideline level, while the Supply RSR is projected to fall below its maximum level. The Calaveras Reserve is projected to increase by $15.5 million, bringing the reserve to $71.1 GEM~AL ~ Sales T~x ($Millions) o been part of the operat- ing budget, and various other adjustments resulting in decreased expendi- tures of $.02 million. The 1998-99 Adopted Budget included a surplus or addition to reserves of $.8 million. Financial results during the first six months of the fiscal year would have increased the reserves by $3.7 million. However, there have been $3.3 million in Budget Amendment Ordinances (BAOs) approved by Council during the first half of the fiscal year. Thus, compared to the budget, reserves will I~ 92-93 I~ 93-94 C] 95-96 =196-97 n 97-98 million, or 77 percent of its target. The pur- pose of this reserve is to pay for "stranded costs" associated with the Calaveras Hydr0- electric Project. Gas Fund revenues are projected to be $18.8 million at yearend, with only minor changes from the Adjusted Budget. Increased gas purchase costs of $1.0 million and a 7 percent rate decrease have combined to produce a projected $3.2 million reduction in reserves at yearend.’ However, Gas Fund Supply and Distri- bution RSR’s will still significantly exceed the C0uncil-approved maximum guideline levels. The reserve surplus will be used to fund rising costs in the Gas Fund as presented with the City Manager’s Proposed 1999-01 Budget. increase by a total of $.4 million due to midyear 2 r Water Fund sales and expenditures are close to budget in the first half of 1998-99, and only require minor adjustments. Other expenses were increased by $. 1 million to fund the third floor remodel CIP project. The Water Fund RSR is pro- jected to reach its maximum level of $7.9 million by yearend. Refuse Fund revenues are projected to end the year at $24.7 million, or 3.3 percent higher than the Adjusted Budget of $23.9 million. The RSR projected balance at yearend is $6.0 million, rep- resenting an increase of $1.0 million from the Adjusted Budget projections. The RSR projected ending balance will be above the maximum guide- line of $3.7 million. Other Utility Funds: Minor changes in budgeted revenues, expenditures, and reserves are projected for the Wastewater Collection, Wastewater Treat- ment, and Storm Drainage Funds. The Wastewater Collection Fund RSR is projected to exceed the Council-approved maximum guideline. The Wastewater Treatment Fund RSR will exceed the C0uncil-approved target. GENERAL FUND REVENUES Overall, General Fund revenues and other funding sources are projected to exceed the 1998-99 Adjusted Budget by $3.9 million. This increase is the result of a variety of adjustments, discussed below. After double-digit increases in sales tax receipts in 1995-96 and 1997-98 over prior years, sales tax revenues appear to be leveling off in 1998-99. It is projected that by yearend, receipts will be $. 1 mil- lion, or.5 percent above budget, and $.3 million, or 1.5 percent above 1997-98 levels. Key economic segments’showing’declines in 1998-99 are elec- tronic and department store sales. Electronic sales, which have shown considerable volatility over time, experienced sharp declines in the last two quarters. Severe competition and weak Asian sales have contributed to lower receipts. Key gains in 1998-99 have come from the auto sales and mis- cellaneous retail segments. Since auto sales have contributed heavily to Palo Alto’s sales tax growth Property Tax ($Millions) over the past three years, this revenue source requires monitoring, given the cyclical nature of the auto industry. The City continues to realize higher property tax receipts from the significant increase in property values over the past few years. Budgeted property taxes are being raised by $.5 million, or 5.8 percent. Revenues at yearend are expected to be $.2 million, or 2.6 percent above prior year levels. Recent County efforts to reflect current valuations on the property tax rolls and to erase a backlog of appeals have led to sig- nificantly higher receipts in 1997-98 and 1998-99. Based on utility user tax (UUT) telephone receipts during the first half of 1998-99, staff recommends increasing the Adopted Budget by approximately $. 1 million. UUT telephone revenues are expected to total $1.8 million at yearend, approximately 3.3 percent higher than 1997-98 revenues.~Strong business activity and continued growth in Internet lines are the likely causes of revenue growth. UUT revenues from utility sales have been robust in Transient Occupancy Tax ($Millions) ~92-93 1193-94 ~94-95 1998-99. As a consequence of higher than bud- geted electric and gas sales due to a cold winter, UUT revenues have exceeded budget. It is recom- mended that the budget for these revenues be raised by $.25 million. As in the past several years, the City’s hotels and motels are reporting consistently higher transient occupancy tax (TOT) receipts. It is anticipated that TOT revenues at yearend will exceed prior year actuals by around $.5 million. Staff recom- mends, therefore, increasing the adopted budget by $.5 million, to $6.4 million. Despite local and industry-wide data indicating that occupancy rates are dropping due to hotel expansions and concerns over the economy, the significant increase in room rates in 1998 is expected to be sustained in 1999. Mirroring the vigorous local real estate market and rise in property values, documentary transfer taxes are projected to equal $2.9 million at yearend, or $.6 million above the Adopted Budget. This is a somewhat conservative estimate, given that $3.0 million in transfer tax revenue was real- ized in .1997-.98...These revenues are difficult to project, since they are especially sensitive to the mix, from year to year, of residential and commer- cial properties. While there have been a consider- able number of commercial transactions this Year and last, it is uncertain whether they will continue. It is important to note that transfer tax revenues as recently as 1996 and 1997 were around $1.9 mil- lion. Other significant revenue adjustment~ include increasing the Adopted Budget for Motor Vehicle In Lieu taxes by $.2 million, to more closely match 1997-98 actuals; recognizing receipt of $.6 million from FEMA for damage incurred during the 1998 winter storm; recognizing reimburse- ment from San Francisco Airport to fund marsh improvements ($.2 million); funding from the Electric Fund to cover increased line clearing activity ($.2 million); reduced revenue for Sand Hill Road reimbursements which should have Utilities User Tax ($Millions) r’:’192-93 ~193-94 r-194-95 E~ 95-96 [] 96-97 r"197-98 been funded out of a Development Account ($.2 million); and various adjustments adding $.05 mil- lion in revenue. Adjustments to Operating Transfers In include a 4 transfer from the Golf C~urse to cover money advanced by the General Fund for expenditures made while awaiting the issuance of debt ($.7 mil- lion), and a transfer of one-time surplus funds from CIP 19414, Irrigation Improvements, to the operating budget for parks improvements ($. 1 mil- lion). EXPENDITURES Except for the expen- diture changes which are discussed below, the General Fund departments are on target with the 1998- 99 Adjusted Budget. General Fund depart- ments will likely show savings at yearend, consistent with prior years’ expe- rience. Because these savings will vary from department to depart- Debris Boxes: There is additional funding of $25,000 for debris boxes. This money will be used to continue’to provide refunds to residents who require debris boxes as a result of the 1998 winter storms. Recreational Services Adjustments: There. are a number of adjustments in the Recreation Services .Functional Area in the Communi~ Services Budget Stabilization $i9,051 $1,379 Sllx~tsiSidewalks 263 (341) Etm, gmeies 5,875 (228) infmsmxzture Impmvemen~12,588 0 Reserve for Unrealized Gain/(I_o~) on lnveslments 450 0 Reappropdation/Encumbrane~5,036 0 Inventory andNotes R~eivabh 2,642 0 ($3~209)$1,830 $19,051 $0 343 265 2 (47) 275 5,875 0 1,208 13,796 1,208 450 0 5,036 ,"0 2,642 0 $45,905 $810 ($3,256) $3,656 $47i115 ment, they are not included in the attached BAO or in the General Fund Summary. Tree Trimming: Funds are being added for tree trimming contract services in Public Works to clear around utility power lines ($175,000). The California Public Utilities Commission requires greater clearance distances around power lines, and there continues to be increased tree growth due to several years of heavy winter rains. These costs are reimbursed by a transfer from the Elec- tric Fund. Department. Due to the closure of Rin- conada Pool for repairs, there are both reduced revenues ($72,000) and reduced expenditures ($43,000). In addi- tion, there are increased expendi- tures of $50,000, due to increased usage of Recreation programs (this is offset by an equal revenue increase). Finally, there are increases of $41,000, all offset by grants and donations from the Recreation Foundation and other groups. Sand Hill Road Project: There are redu.ced expenditures of $238,000 associated with the Sand Hill Road project. These should have been bud- geted for in a Development Account, instead of the operating budget. There has been a corre- sponding decrease in revenues. Police Department: The Police Department has increased expenditures of $8,000, due to the receipt of two grants (there has been a correspond- ing increase in revenues). The first is from. the American Society for the Prevention of Cruelty to Animals National Shelter Outreach program ($1,500), and a matching grant ($1,500) from PetSmart Charities, both to be used for improve- ments at the animal shelter. The other grant of $5,000 comes from the State of California’s Office of Traffic Safety, through the Santa Clara County Traffic Safe Communities Network, to fund increasing pedestrian safety awareness, while reducing motor vehicle/pedestrian collisions in the downtown area. In addition, there is a possibility that the Police Department will exceed its overtime budget by the end of the year. It is anticipated that the Depart- ment will have salary savings to cover this. How- ever, if an adjustment is necessary, it will be included in the 1998-99 Yearend Report. Miscellaneous Adjustments: There are miscella- neous expenditure adjustments to fund a conflict of interest study ($5,000), to add a part-time cleri- cal person in the Office of the City Manager ($27,000), for one-time parks improvements ($100,000), for parks maintenance contracting ($54,000), and for changes to the Golf Course pro’s contract ($8,800). CAPITAL IMPROVEMENT FUND The project number of the Capital Improvement Program (CIP) project, Major Intersection Improvements (19073), is being changed to 9973 to better allow for project management and accounting. There is no change in the amount bud- geted or the project name. A new CIP project, Renovation of Third Floor, Civic Center, CIP 19922, is being proposed. This will fund the renovation and configuration of the 6 third floor of City Hall, so that Utilities, staff from the eighth floor and the mezzanine can be consoli- dated there. This is being funded by the Utilities Funds. UTILITY FUNDS The City continues to proactively respond to the challenges posed by the deregulation of the elec- tric and natural gas industries. To provide for more effective tracking of the supply and distribution components of the electric and gas utilities, Palo Alto is dividing both the Electric and Gas Funds into separate "supply" and "distribution" business units. Accordingly, the Rate Stabilization Reserves (RSR’s) have been separated for the "supply" and "distribution" business units. ELECTRIC FUND Electric Fund sales to local customers were $1.9 million higher than budget at midyear, mainly a result of an increase in energy usage during the warmer E1 Nino summer months. In addition, the City’s wholesale power sales exceeded the mid- year budget by $1.0 million. Although local and wholesale sales were slightly higher than expected at midyear, staff projects Electric Fund sales to be on budget for the fiscal year. Other revenues have been adjusted downward by $0.4 million, due to a staff vacancy in the marketing team for fiber optic sales. Power purchase costs are $.5 million above budget at midyear, primarily due to the purchase of addi- tional power for local and wholesale customers. Power purchase costs are projected to end the year on budget. Other expenses are projected to increase by $. 1 million in 1998-99. The adjust- ments include: a $.2 million increase in line clear- ing costs to comply with Government Order 95,revenue budget at this time. which requires a minimum of 18 inches clearance from primary conductors at all times; a $.3 milliori ---Tho price of natural gas has risen moderately since increase to fund the Civic Center Third Floor the budget was adopted. Gas purchase costs, remodel CIP project; a $.3 million reduction in debt service expense, resulting from the ref’manc- ing of California Oregon Transmission Project debt; and a $. l~million decrease resulting from cost savings from the closure of the MSC Security Improvement CIP project (19311). A revised reserve policy and modified guideline levels for the Electric Fund Supply and Distribu- tion business units were adopted by Council last year. The Electric Fund Supply RSR is projected to be $11.4 million at yearend, $1.6 million above the revised Council-approved target level. The Electric Fund Distribution RSR is projected to end the year at $6.8 million, $.9 million above the revised Council-approved maximum level. The Calaveras Reserve is projected to reach $71.1 mil- lion, an increase of $15.5 million from the prior year, bringing the reserve to 77 percent of the tar- get to be funded by 2001. The projected revenue for Public Benefit Program (PBP) is $1 million, while the projected PBP expenditures will total $.8 million. The PBP Reserve is projected to increase to $1.7 million at yearend. The Council recently approved a PBP and expenditures associated with it. GAS FUND At midyear, Gas Fund sales revenue is $.6 million higher than planned, principally due to drier and colder weather conditions in Northern California. Although sales have increased, staff believes that it does not warrant an adjustment of the Gas Fund which reflect higher prices and increased gas con- sumption, were $.4 million above budget at mid- year. In order to cover the additional cost, a $1 million increase in purchase costs is requested. Other expenses are being increased by $. 1 million to fund the Civic Center Third Floor Renovation CIP project. Despite a 7 percent reduction in rates, the Gas Supply RSR is projected to end the year at $5.7 million, and the Distribution RSR is pro- jected to be $7.5 million, both of which signifi- cantly exceed the Council-approved maximum guideline levels. A revised reserve policy for the Gas Fund Supply and Distribution business units was adopted by Council with the 1998-99 Budget. WATER FUND Water Fund sales show a slight decrease at mid- year, with a corresponding decrease in water pur- chase costs. The Water Fund RSR is proje.cted to increase by $.4 million in 1998-99, reaching its maximum level of $7.9 million. REFUSE FUND Refuse Fund revenues are projected to increase by $.8 million, due to higher than anticipated disposal fee revenue, investment income and one-time rev- enues. Refuse Fund expenditures are projected to be $. 1 million less than budget, as a result of posi- tion vacancies. The yearend Refuse RSR is projected to end the fiscal year at $6.0 million, which is $2.3 million above the Council approved maximum guideline of $3.7 million. This excess may be used to defer future costs, including changes to the contract with PASCO, the need to increase-tonnage-deliv- ered to the SMART station to keep the Palo Alto landfill open until its projected closure date in 2011-12, and other costs associated with future changes in refuse services. It should be noted that salary savings in the Refuse Fund are anticipated to be used to pay the United States Environmen- tal Protection Agency (USEPA) for a de minimus settlement at the Casmalia Disposal Site in Santa Bar-[] 199~-99 bara, California.~ ~¢t _ The City sent rela- tively small amounts of hazard- ous waste material to the Casmalia site between 1973 and 1989. The opera- tors shut down the site without following proper closing procedures, resulting in the City having a minor liability. Staff plans to provide a full report to the Council regarding this settlement in the near future. WASTEWA TER COLLECTION FUND ter Collection RSR of $8.8 million exceeds the Council-approved maximum guideline level of -$5.1 million. WAS TEWA TER TREATMENT FUND Wastewater Treatment Fund revenues are pro-~ jected to be $16.0 million, with a $.4 million reduction in reserves, which is no change from the original budget. The projected yearend reserves of $2.9 million Utility Funds Reserve Summary ($000s) ~m 1998-99 Targets Wastewater Collection Fund revenues are pro- jected to be $18.7 million, with a $1.4 million addition to reserves, which is no change from the original budget. The projected yearend Wastewa- exceed the Council target guideline. STORM DRAINAGE FUND Storm Drain- age Fund reve- nues and expenses are projected to end the year on budget. However, there is a transfer required between the operating budget and the capital budget in the amount of $. 1 million for engineering salary costs related to CIP projects (the amended CIP is attached to the Budget Amendment Ordinance). The Storm Drainage RSR is projected to be $0.3 million at yearend. There is no Cotmcil reserve guideline for this Fund. Staff has a rate proposal before the Finance Committee for the financing of the next phase of. Storm Drainage Fund improvements. ATTACHMENT 2 ORDINANCE NO. ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET.FOR THE FISCAL YEAR 1998-99 TO ADJUST BUDGETED REVENUES AND EXPENDITURES IN ACCORDANCE WITH~THE RECOMMENDATIONS IN THE MIDYEAR REPORT WHEREAS, pursuant to the provisions of Section 12 of Article iII of the Charter of the City of Palo Alto, the Council on June 22, 1998 did adopt a budget for fiscal year 1998-99; and WHEREAS, after reviewing the current budgeted revenues and expenditures for fiscal year 1998-99, adjustments to the budget are recommended to more accurately reflect year-end projections; and WHEREAS, City Council authorization is neede~ to amend the 1998-99 budget as hereinafter set forth. NOW, THEREFORE, the Council of the City of Palo Alto does ORDAIN as follows: SECTION i. The sum of One Million Eight Hundred Thirty Thousand Five Hundred and Ninety Four dollars ($1,830,594) is hereby added to the Budget Stabilization Reserve (BSR) in the General Fund to reflect the revenue and expenditure changes as described in Exhibit A, which is attached to this ordinance and incorporated herein by this reference. As a result of these changes, the budgeted BSR will increase from $17,219,994 to $19,050,591. SECTION 2. The sum of One Million Two Hundred-Seven Thousand Six Hundred and Eighty Eight dollars ($1,207,688) is hereby added to the Reserve for Infrastructure Improvements, as described in Exhibit A. As a result o’f this change, the Infrastructure Reserve will increase from’S12,588,000 to $13,795,688. SECTION 3. The sum of Three Hundred Forty Three Thousand dollars ($343,000) is hereby added to the Streets and Sidewalks Reserve in the General Fund to reflect Utility User Tax revenue changes as described in Exhibit A. As a result of this change, the budgeted Streets and Sidewalks Reserve will be at $264,855. SECTION 4. A new Capital Improvement Project, No. 19922, Renovations Third Floor, Civic Center, described in Exhibit C and incorporated herein by this reference, is created and the sum of $460,000 is appropriated to it. Funding in an equivalent amount is provided with interfund transfers from various Utilities Funds, as described in Exhibit A. SECTION 5. The sum of $141,482 is hereby appropriated to Capital Improvement Project No. 8870, Collection System Improvements, as described in Exhibit D, and incorporated herein by this reference. The funding for this project is already budgeted in the Storm Drainage Fund. SECTION 6. Capital Improvement Project No. 19073, Major Intersection Improvements, in the Public Works Department, is changed to Major Project No. 9973, Major Intersection Improvements. There is no change in the amount budgeted for this project. SECTION 7. The Table of Organization is amended to reflect the changes as shown in Exhibit E which is incorporated herein by this reference. SECTION 8. The sum of One Hundred Two Thousand Six Hundred and Thirty Nine dollars ($102,639) is hereby added to the budgeted Distribution Rate Stabilization Reserve in the Electric Fund to reflect changes in the Electric Fund as described in Exhibit B, which is incorporated herein by this reference. SECTION 9 The sum of One Hundred Fifty Five Thousand Eight Hundred and Ninety One dollars ($155,891) is added to the Calavaras Reserve in the Electric Fund to reflect changes in the Electric Fund as described in Exhibit B. SECTION i0. The sum of One Hundred Seventy Seven Thousand dollars ($177,’000) is hereby added to the Public Benefit Program Reserve in the Electric Fund to reflect changes in the Electric Fund as described in Exhibit B. SECTION ii. The sum of Eighteen Thousand and Forty Seven dollars ($18,047) is hereby reduced fgom the Distribution Rate Stabilization Reserve in the Gas to reflect changes in the Gas Fund as described in Exhibit B. " SECTION 12. The sum of One Million One Hundred Fourteen dollars ($1,000,1i.4) is hereby reduced from the Supply Rate Stabilization Reserve in the Gas Fund to reflect changes in the Gas Fund as described in Exhibit B. SECTION 13. The sum of Seventy Eight Thousand Three Hundred and Forty Two dollars ($78,342) is hereby reduced from the Rate Stabilization Reserve in the Water Fund to reflect changes in the Water Fund as described in Exhibit B. SECTION 14. The sum of Nine Hundred Sixty Four Eight Hundred and Fifty One dollars ~($964,851) is hereby added to the Rate Stabilization Reserve in the Refuse Fund to reflect changes in the Refuse Fund as described in Exhibit B. SECTION 15. The sum of Six Thousand Six Hundred and Eight One dollars ($6,681) is hereby reduced from the Rate Stabilization Reserve in the Wastewater Collection Fund to reflect changes in the Wastewater Collection Fund as described in Exhibit B. SECTION 16. The sum of Three Thousand Five Hundred and Thirty Seven dollars ($3,537) is hereby added to the Rate Stabilization Reserve in the Wastewater Treatment Fund to reflect changes in the Wastewater Treatment Fund as described in Exhibit Bo SECTION 17. The sum of Five Hundred and Ninety Two~ dbllars ($592) is hereby reduced from the Rate Stabilization Reserve in the Storm Drainage Fund to reflect changes in the Storm Drainage Fund as described in Exhibit B. SECTION 18. As specified in Section 2.28.080(a) of the Palo Alto Municipal. Code, a two-thirds vote of the City Council is required to adopt this ordinance. SECTION 19. The Council of the City of Palo Alto hereby finds that this midyear adjustment is not a project under the California Environmental Quality Act and, therefore, no envirQnmental impact assessment is necessary. However, projects described in this ordinance will be assessed individually as appropriate. SECTION 20. As provided in Section 2.04.350 of the Palo Alto Municipal Code, this ordinance shall become effective upon adoption. INTRODUCED AND PASSED: AYES: NOES: ABSTENTIONS: ABSENT: ATTEST:APPROVED: City Clerk Mayor APPROVED AS TO FORM:City Manager Senior Asst. City Attorney A:\mdyrbao.doc Director of Services Administrative EXHIBIT A 1998-99 Midyear Adjustments General Fund, Special Revenue, and Capital Improvement Funds Activity Object Code Code Description ~h~nge Revenues 02000000 1188 Sales Tax 100,000 02000000 1101 Property Tax- Secured 360,000 02000000 1103 Property Tax - Unsecured 100,000 02000000 1107 Property Tax -- Airplane Tax ~-~40,000 02000000 1185 Transient Occupance Tax 479,000 02000000 1180 Documentary Transfer Tax 600,000 02000000 1183 Motor Vehicle in Lieu Tax 225,000 02000000 1505 Reimbursement from FEMA for 1998 Storm Damage 626,497 Reimbursement from San Francisco Airport for Harbor Marsh 02000000 1599 CIP 180,000 Transfer from the Capital Improvement Fund for Golf Course 02000000 2041 project 670,720 Correction to transfer from the Capital Improvement Fund for 02000000 2041 closed or reduced projects 370,000 02000000 2041 Transfer from the Capital Improvement Fund for CIP 19414 100,000 Correction to transfer Arrillaga funds for Family Resources Center Correction for transfer of funds from the Capital Improvement Fund for closed or reduced projects Correction for transfer of Arrillage funds Reimbursement from BAAMQD and Santa Clara County Electric Line Clearing Service Sand Hill Road revenues to be held in Developers Account Sand Hill Road revenues to be held in Developers Account Traffic safety grant Grant from American Society for the Prevention of Cruelty to Animals Revenue adjustments due to contract with Golf Pro Revenue adjustments due to contract with Golf Pro SAP contribution Revenue reductions due to closure of Rinconada pool for repairs Revenue reductions due to closure of Rinconada pool for repairs 02000000 2065 02000000 2070 02000000 2070 02414210 1899 02513250 1925 02515290 1489 02614200 1323 02704100 1537 O2707320 1555 02813210 1609 02813210 1611 02817340 1801 02818391 1344 02818391 1348 32,000 (370,000) (32,000) 79,500 175,000 (118,000) (120,000) 5,000 3,000 (12,000) 13,500 3,000 (41,973) (18,189) Page 1 EXHIBIT A 1998-99 Midyear Adjustments General Fund, Special Revenue, and Capital Improvement Funds Activity Object Code Code 02818402 1344 02818402 1348 02818412 1348 102818406 1348 102818413 1801 02818430 1801 Description Revenue reductions due to closure of Rinconada pool for repairs Revenue reductions due to closure of Rinconada pool for repairs Revenue reductions due to closure of Rinconada pool for repairs ~ Increased revenue due to increased usage of recreation Various contributions to Recreation Recreation Foundation contribution for Snowmen and Sleigh Event Change in General Fund Revenues Expenditures 02141110 3199 02111100 3001 02111100 3099 02511100 3199 02513253 3126 02515290 3199 02613200 3199 02704100 3299 02707320 3599 02813210 3144 02814220 3126 02814220 3199 02817340 3199 02818391 3003 02818391 3107 02818402 3003 02818402 3107 Funds for conflict of interest study Half-time clerical person in City Manager’s Office Half-time clerical person in City Manager’s Office Refunds for debris boxes from 1998 storm. Electric Line Clearing Service Sand Hill Road expenditures to be funded out of Developers Account Sand Hill Road expenditures to be funded out of Developers Account Traffic safety grant Grant for animal shelter improvements Adjustment to reflect CPI changes in GolfPro’s contract Parks maintenance contracting Transfer of funds from CIP 19414 to fund one-time parks projects SAP contribution for Exhibit Expenditure reductions due to closure of Rinconada pool for repairs Expenditure reductions due to closure of Rinconada pool for repairs Expenditure reductions due to closure of Rinconada pool for repairs Expenditure reductions due to closure of Rinconada pool for repairs Page-2 Change (10,033) (1,772) (166) 50,000 21,077 16,500 3,525,667 5,000 23,034 4,065 25,000 175,000 (118,000) (120,000) 5,000 3,000 8,800 54,000 100,000 3,000 (13,396) (8,561) (10,282) (10,821) EXHIBIT A 1998-99 Midyear Adjustments General Fund, Special Revenue, and Capital Improvement Funds 02818412 Activity Object Code Code Description -Ch’ange Expenditure reductions due to closure of RJnconada pool for 3003 repairs (371) Increased expenditures to cover increased usage of Recreation 02818406 3107 programs 50,000 02818413 3003 Contributions in support of Recreation services 13,732 02818413 31.07 Contributions in support of Recreation services "7,345 02818430 3199 Recreation Foundation support of Snowmen and Sleigh Event 16,500 Change in General Fund Expenditures 212,045 Net Change in General Fund 3,313,622 02000000 3822 Budget Stabilization Reserve 1,830,594 02000000 3850 Infrastructure Reserve 1,207,688 Net Change in General Fund Reserves 3,038,282 03000000 03000000 03000000 1186 Utility Users Tax -- City Utilities 1 i87 Utility Users Tax -- Telephone Net Change in Utility User Revenues 3823 Streets and Sidewalks Reserve 3850 Reserve for Emergencies02000000 250,000 93,000 343,000 343,000 275,340 EXHIBIT A 1998-99 Midyear Adjustments General Fund, Special Revenue, and Capital Improvement Funds Activity Object , Code Code Description CAPITAL IMPROVEMENT FUND 71000000 2051 Transfer for CIP 19922, Renovation of Third Floor, Civic 71000000 2052 Transfer for CIP 19922, Renovation of Third Floor, Civic 71000000 2053 Transfer for CIP 19922, Renovation of Third Floor, Civic 71000000 2054 Transfer for CIP 19922, Renovation of Third Floor, Civic Change in Capital Fund Revenues 71000000 3879 71000000 3879 71000000 3879 71000000 4011 71000000 3850 71000000 4011 71000000 4011 71000000 4051 71000000 4052 71000000 4053 71000000 4054 71000000 4055 71000000 4056 71000000 4057 CIP 19922, Renovation of Third Floor, Civic Center Reduce CIP project expenditures for closed or reduced Reduce CIP 19414 to fund other parks projects Transfer funds from CIP 19414 for other parks projects Golf Course Improvements Reimbursement Transfer to General Fund for Golf Course Improvements Transfer to General Fund for closed or reduced CIP projects Transfer to Water Fund for closed or reduced CIP projects Transfer to Electric Fund for closed or reduced CIP projects Transfer to Gas Fund for closed or reduced CIP projects Transfer to Wastewater Fund for closed or reduced CIP Transfer to Refuse Fund for closed or reduced CIP projects Transfer to Storm Drainage Fund for closed or reduced CIP projects Transfer to Wastewater Treatment Fund for closed or reduced CIP projects Change in Capital Fund Expenditures Net Change to Capital Fund Ch:~nge 59,800 289,800 101,200 9,200 460,O00 460,000 (570,000 (100,000)i lO0,O00 (670,720 670,720 370,000 27,874 106,315 41,853 15,579 4,337 505 3,537 460,000 Page~4 Exhibit B 1998-99 Midyear Adjustments Enterprise Funds Activity Object Fund Code Code Utilities Administration 21 210000 1910 ’21 211120 3100 21 211120 3200 21 211120 3300 21 211120 3500 Descriptio.n Utilities Administration - Allocated G & A Public Relations - Contract Services Public Relations - Supplies and Materials Public Relations - General Expense Public Relations - Facilities & Equip Purchase~ Net Change in Utilities Administration Change 101,000 (55,000) (17,000) (21,000) (8,006) 0 Electric Fund 23 210000 3910 23 230100 3100 23 230100 3200 23 230100 3300 23 230100 3500 23 000000 1723 "23 000000 1724 23 000000 1725 23 000000 1726 23 000000 1727 13 231160 3315 23 250220 3925 23 241260 3402 13 242260 3402 23 000000 2041 13 000000 4041 23 000000 4041 23 270200 3310 Utilities Administration - Allocated G & A Contract Services Supplies and Materials General Expense Facilities & Equipment Purchases Fiber Optic Advance Engineering Fees Fiber Optic Intercormection Fees ¯ Fiber Optic License Fees Fiber Optic Drop Cable Management Fees. Fiber Optic Miscellaneous Revenue Joint Agency Debt Service Expense Electric Line Clearing Rent - Facilities (CIS Training Facility) Rent - Facilities (CIS Training Facility) Transfers from Capital Improvement Progrmn Fund Transfers to Capital Improvement Program Fund Transfers to Capital Improvement Program Fund Demand Side Management Programs Net Change in Electric Fund (48,167) 40,000 8,000 6,000 5,000 (10,000) (216,000) (231,000) 33,000 (50,000) 319,000 (175,000) (15,909) (15,909) 106,315 (147,200) (142,600) 970,000 435,530 Changein Reserves 23 000000 3804 13 000000 3817 13 000000 3808 23 000000 3816 Distribution Rate Stabilization Supply Rate Stabilization Calaveras Public Benefit Program 102,639 0 155,891 177,000 Net Change in Electric Fund Reserves 435,530 Page 1 Exhibit B 1998-99 Midyear Adjustments Enterprise Funds Activity Object Fund Code C6de Gas Fund 24 210000 3910 24 230100 3100 24 230100 3200 24 230100 3300 24 230100 3500 14 231160 3604 14 231160 3607 24 241260 3402 14 242260 3402 24 000000 2041 14 000000 4041 24 000000 4041 ChangeinReserves 24 000000 3804 14 000000 3817 Water Fund 22 210000 3910 22 230100 3100 22 230100 3200 22 230100 3300 22 230100 3500 22 250210 3567 22 241260 3402 22 000000 2041 22 000000 4041 ChangeinReserve 22 000000 3804 Descriptio. n Utilities Administration - Allocated G & A Contract Services Supplies and Materials General Expense Facilities & Equipment Purchases Gas Commodity Purchase Utility Commodity Transmission Rent - Facilities (CIS Training Facility) Rent - Facilities (CIS Training Facility) Transfers from Capital Improvement Program Fund Transfers to Capital Improvement Program Fund Transfers to Capital Improvement Program Fund Net Change in Gas Fund Distribution Rate Stabilization Supply Rate Stabilization Net Change in Gas Fund Reserve Utilities Administration - Allocated G & A Contract Services Supplies and Materials General Expense Facilities & Equipment Purchases. Miscellaneous Capital Outlay Rent - Facilities (CIS Training Facility) Transfers from Capital Improvement Program Fund Transfers to Capital Improvement Program Fund Net Change in Water Fund Rate Stablization Net Change in Water Fund Reserve Change (24,586) 10,000 5,000 8,000 1,000 (828,000) (122,000) (4,114) (4,114) 41,853 (46,000) (55,200) (1,018,161) (18,047) (1,000,114) (1,018,161) (17,930) 5,000 4,000 7,000 2,000 (41,000) (5,486) 27,874 (59,800) (78,342) (78,342) (78,342) Page 2 Exhibit B 1998-99 Midyear Adjustments Enterprise Funds Activity Object Fund Code Code Description ~ Change Refuse Fund 25 551430 1401 25 000000 1898 25 551430 1970 25 000000 1601 25 551100 3001 25 551100 3099 25 551430 3001 25 551430 3099 25 551440 3001 25 551440 3099 25 210000 3402 25 000000 2041 ChangeinReserve 25 000000 3804 Landfill Disposal Fees Other Miscellaneous Revenue Landfil Charges to Other Depts Investment Income Regular Salaries Benefits Allocation Regular Salaries Benefits Allocation Regular Salaries Benefits Allocation Rent - Facilities (CIS Training Facility) Transfers from Capital Improvement Program Fund Net Change in Refuse Fund Rate Stabilization Net Change in Refuse Fund Reserve 500,000 229,000 (143,00Q) 230,000 42,500 7,500 42,500 7,500 42,500 7,500 (5,486) 4,337 964,851 964,851 ,964,851 Wastewater Collection Fund 27 210000 3910 ’Utilities Administration - Allocated G & A 27 241260 3402 Rent - Facilities (CIS Training Facility) 27 000000 2041 Transfers from Capital Improvement Program Fund 27 000000 4041 Transfers to Capital Improvement Program Fund Net Change in Wastewater Collection Fund Changein Reserve 27 000000 3804 Rate Stabilization Net Change in WW Collection Fund Reserve (10,317) (2,743) 15,579 (9,200) (6,681) (6,681) (6,681) Page 3 Activity Object Fund Code Co’de Wastewater Treatment Fund 26 000000 2041 Change in Reserve 26 000000 3804 Exhibit B 1998-99 Midyear Adjustments Enterprise Funds DescriptiQn Change Transfers from Capital Improvement Program Fund Net Change in Wastewater Treatment Fund Rate Stabilization Net Change in WW Treatment Fund Reserve 3,537 3,537 3,537 3,537 Storm Drainage Fund 28 581100 3001 Regular Salaries 90,336 28 581100 3004 Overtime Salaries 5,292 28 581100 3099 Benefits Allocation 45,854 28 581790 3001 Regular Salaries (90,336) 28 581790 3004 Overtime Salaries (5,292) 28 581790 3099 Benefits Allocation (45,854) 28 210000 3402 Rent - Facilities (CIS Training Facility)(1,097) 28 000000 2041 Transfers from Cap!t~ Improvement Program Fund 505 Net Change in Storm Drainage Fund Change in Reserve 28 000000 3804 Rate Stabilization Net Change in Storm Drainage Fund Reserve (592) (592) (592) Total Changes in Enterprise Funds 300,142 Page 4 Exhibit B Electric Fund Summary (000’s) Revenues Electric sales Other revenues Reappropriations / encumbrances Total Revenues Actual FY 97-98 Adjusted Budget FY 98-99 Midyear Projected Budget FY 98-99 76,703 66,853 66,853 10,296 10,964 10,596 4,352 5,931 5,931 Operating Expenses Ptu’chases Other expenses Total operating expenses Capital expenses Total Expenses Difference 0 (368) 0 To/(From) Reserves ’91,351 83,748 83,380 (368) 32,771 25,527 25,527 34,311 37,590 36,786 67,082 63,117 62,313 11,331 11,256 11,256 0 (804) (804) 78,413 74,373 73,569 (804) 12,938 9,375 9,811 436 Reserves Distribution Rate Stabilization Supply Rate Stabilization Calaveras Public Benefit Program Other Reserves Total 8,120 6,671 6,774 103 14,560 11,429 11,429 0 55,583 70,917 71,073 156 1,533 1,533 1,710 177 4,991 3,511 3,511 0 84,787 94,061 94,497 436 FY 98-99 Approved RSR Levels Minimum Target Maximum Distribution Supply RSR RSR 2,957 6,543 4,436 9,814 5,915 13,085 Revenues Gas sales Other revenues Reappropriations Total Revenues encumbrances Operating Expenses Purchases Other expenses Total operating expenses Capital expenses Total Expenses To/(From) Reserves Reserves Distribution Rate Stabilization Supply Rate Stabilization Other Reserves Total Exhibit B Gas Fund Summary (ooo’s) Actual FY 97-98 Adjusted Budget FY 98-99 Midyear Projected Budget FY 98-99 18,229 15,210 15,210 1,912 1,745 1,787 1,866 1,772 " 1,772 22,007 18,727 18,769 Difference 0 42 42 9,719 9,375 10,325 950 7,302 8,055 8,165 110 17,021 17,430 18,490 1,060 4,636 3,488 3,488 0 21,657 20,918 21,978 1,060 350 (2,191) (3,209) (1,018) 7,889 7,494 7,476 (18) 8,544 6,690 5,690 (1,000) 683 715 715 0 17,116 14,899 13,881 (1,0t8) FY 98-99 Approved RSR Levels Minimum Target Maximum Distribution Supply RSR RSR 1,540 1,861 2,310 2,792 3,080 3,722 Pa~e 6 Exhibit B Water Fund Summary (000’s) Actual FY 97-98 Adjusted Budget FY 98-99 Midyear Projected Budget FY 98-99 Revenues Water sales Other revenues Reappropriations / encumbrances Total Revenues Operating Expenses Purchases Other expenses Total operating expenses Capital expenses 11,949 1,080 2,195 15,224 4,283 6,583 10,866 4,901 12,150 1,581 3,193 16,924 4,620 7,615 12,235 4,176 12,150 1,609 3,193 16,952 4,620 7,721 12,341 4,176 Difference 0 28 0 28 0 106 106 0 Total Expenses ,To/(From) Reserves Reserves Rate Stabilization Other Reserves Total 15,767 (543) 7,502 829 8,331 16,411 513 7,972 854 8,826 16,517 435 7,894 854 8,748 106 (78) (78) 0 (78) FY 98-99 Approved RSR Levels Minimum Target Maximum 3,666 5,766 7,865 Page 7 Exhibit B Refuse Fund Summary (ooo’s) Actual FY 97-98 Adjusted Budget FY 98-99 Midyear Projected Budget FY 98-99 Revenues Customer revenues Reappropriations / encumbrances Total Revenues 22,324 881 23,205 21,565 2,356 23,921 22,385 2,356 24,741 Operating Expenses Payments to PASCO Other expenses Total operating expenses Capital expenses 6,854 13,997 20,851 2,150 7,380 15,438 22,818 2,068 7,380 15,293 22,673 2,068 Difference 820 0 820 0 (145) (145) 0 Total Expenses To/(From) Reserves 23,001 204 24,886 (965) 24,741 (145) 965 Reserves Rate Stabilization Water Resources Board Total 5,972 59O 6,562 5,007 590 5,597 5,972 590 6,562 965 0 965 FY 98-99 Approved RSR Levels Minimum Target Maximum 1,857 2,786 3,715 Page 8 Exhibit B Wastewater Collection Fund Summary (000’s) Midyear Adjusted Projected Actual Budget Budget FY 97-98 .FY 98-99 FY 98-99 Difference Revenues Customer revenues Reappropriations / encumbrances Total Revenues 10,450 10,319 10,335 5,513 8,331 8,331 15,963 18,650 18,666 16 0 16 Operating Expenses Sewer treatment expenses Other expenses Total operating expenses Capital expenses 4,158 4,340 4,340 0 2,435 2,901 2,923 22 6,593 7,241 7,263 22 10,393 10,004 10,004 0 Total Expenses 16,986 17,245 17,267 22 To/(From) Reserves (1,023) 1,405 1,399 (6) Reserves Rate Stabilization Other Reserves Total 7,407 8,785 8,779 (6) 388 404 404 0 7,795.9,189 9,183 (6) FY 98-99 Approved RSR Levels Minimum Target Maximum 2,526 3,789 5,052 Pag~e 9 Exhibit B Wastewater Treatment Fund Summary (O00’s) Revenues Treatment revenues Reappropriations / encumbrances Total Revenues Midyear Adjusted Projected Actual Budget Budget FY 97-98 FY 98-99 FY 98-99 11,870 12,561 12,565 2,984 3,468 3,468 14,854 16,029 16,033 Operating Expenses Operating expenses Total operating expenses Capital expenses 11,823 12,478 ,12,478 11,823 12,478 12,478 2,538 3,950 3,950 Difference 4 0 4 o o o Total Expenses 14,361 16,428 16,428 0 To/(From) Reserves 493 (399)(395)4 Reserves Rate Stabilization Other Reserves Total 3,427 2,94Q ~,944 1,191 1,279 1,279 4,618 4,219 4,223 4 0 4 FY 98-99 Approved RSR Levels Minimum Target Maximum 1,799 2,699 3,598 Pagd lO Revenues Customer revenues Reappropriations / encumbrances Total Revenues Exhibit B Storm Drainage Fund Summary (O00’s) Midyear Adjusted Projected Actual Budget Budget FY 97-98 FY 98-99 FY 98-99 Difference 2,362 2,457 2,458 .1 3,903 2,664 2,664 0 Operating Expenses Operating expenses Total operating expenses Capital expenses. 6,265 5,121 5,122 2,174 2,274 2,135 (139) 2,174 2,274 2,135 (139) 4,775 3,074 3,215 141 Total Expenses 6,949 5,348 5,350 2 To/(From) Reserves-(684)(227)(228)(1) Reserves Rate Stabilization Total 520 293 520 293 292 292 (1) (1) FY 98-99 Approved RSR Levels Minimum Target Maximum N/A N/A N/A Pag~ 11 EXHIBIT C PROJECT DESCRIPTION This project will renovate the third floor of the Civic Center and acquire modular work stations, making possible the relocation of Utilities staff from the 8th floor and Mezzanine level in City Hall. PROJECT JUSTIFICATION Since February 1998, staffhas been working on a comprehensive space planning proposal to alleviate severe overcrowding in City facilities. An inventory of available space was conducted and a deficit of approximately 21,000 square feet of office space was identified in the Civic Center tower complex. This deficit is being addressed through a series of renovation and relocation projects. The renovation of the third floor and subsequent consolidation of the Utilities staff is the third phase of the efforts to relieve the overcrowded conditions in the Civic Center. As part of the renovations, modifications will be made which will upgrade the facility, including electrical work, new energy-efficient light fixtures, modifications to the HVAC and life safety systems, asbestos removal, replacement of ceiling tile, and new carpeting. FUTURE FINANCIAL REQUIREMENTS FISCAL YEAR AMOUNT PY Budget 1998-99 $460,000 1999-00 2000-01 2001-02 2002-03 Sources of Funding: Utilities Funds COMPONENTS Construction, including demolition and rebuilding of walls, electrical modifications and lighting improvements, ceiling tile replacement, fire sprinkler modifications, carpet replacement, painting, and HVAC modi- fications ($240,000). The remainder of the funding is for acquisition of furniture and moving costs. IMPACT AND SUPPORT ANALYSIS ¯Environmental:Categorically exempt under Section 15301 of CEQA, minor change to existing facil- ities. Design Elements:None. Operating:None. Telecommunications:None. COMPREHENSIVE PLAN The Comprehensive Plan contains no policies or programs directly related to this project. EXHIBIT D P PROJECT DESCRIPTION This project provides improvements to the storm drainage system as ~dentified in the Storm Drainag~ Master Plan and Condition Assessment Studies completed in 1993. The Master Plan identified projects needed to augment the capacity of the existing storm drainage system to handle projected 10-year storm events. The Condition Assessment identified portions of the storm drainage system that need to be replaced or rehabilitated due to their deteriorated condition. Revenue bonds were issued to fund proposed improvement projects through 1997-98. The funding in 1998-99 is for salaries for staff to continue to work on previously funded portions of the project. A new bond issuance would be requi.red to finance projects through 2001. However, voter enactment of Proposition 218, the "Right to Vote on Taxes Act," may affect the Storm Drainage Funds ability to finance capital and operating costs. PROJECT JUSTIFICATION Provides needed system improvements, expansion, repair/replacement, and erosion control to enhance aging infrastructure and augment system capacity to minimize citywide flooding. FUTURE FINANCIAL REQUIREMENTS FISCAL YEAR AMOUNT PY Budget Ongoing 1998-99 $141,482 1999-00 2000-01 2001-02 2002-03 TBD TBD COMPONENTS Funding for salaries for staff to continue to support previously funded work. Sources of Funding: Debt Financing IMPACT AND SUPPORT ANALYSIS Environmental:None. Design Elements:None. Operating:None. Telecommunications:None. COMPREHENSIVE PLAN This project furthers or implements Policy 14 of the Environmental Resources Element relating to measures to reduce risk to human life and property. EXHIBIT E Update to Table of Organization City Manager 1998-99 1997-98 Adopted’ Actuals Budget Administrative Secretary - Confidential 1.00 1.00 Assistant City Manager 1.00 1.00 City Manager 1.00 1.00 Deputy City Manager - Special Projects 1.00 1.00 Manager, Economic Resources 1.00 1.00 Executive Secretary - Confidential (*)2.00 2.00 Management Assistant 1.00 1.00 Office Specialist 1.00 1.00 Public Communication .Officer (**)0.00 0.50 Senior Executive Assistant 1.00 1.00 TOTALS 10.00 10.50 Changes 0.50 0.50 1998-99 Midyear Budget 1.00 1.00 1.00 1.00 1.00 2.00 ’1.00 1.50 0.50 1.00 11.00 *This position reflects a temporary increase which will be removed in the 1999-00 budget. **This position was transferred from the City Clerk’s to the City Manager’s Office to consolidate the public information function in a single office. Attachment 3 Budget Amendment Ordinances Impacting General Fund Reserves Approved To Date in 1998-99 Estimated Beginning Budget Stabilization Reserve (BSR) Balance Net Cost Placeholders Impact on the Already in the 1998- General Fund 99 Adopted Budget BSR $19,050,000 Estimated Future Year Ongoing Costs Reduction in Rental Income from Utilities Due to Relocation of Utilities Engineering and Creation of Capital Improvement Project 19921, Relocation / Consolidation of Level A Storage Increase in the City’s Annual Rental Payment to the Palo Alto Unified School District for Lease and Covenant Not to Develop for an Extended Day Care Center at the New Hoover School Site Salary and Benefit Increases Retroactive to May 1, 1998 for Classified Personnel (SEIU) * Salary and Benefit Increase Rela’oaetive to July I, 1998 for Police Personnel Addition of Five Full-Time Positions and Associated Resources to the Planning and Community Environment Department Interim Historic Inventory Consultant Interim Historic Regulations Administration Phase 1 - San Francisquito Creek Bank Stabilization and Revegitation Study Reclassification of CDBG Position to Senior Planner Position Acquire Leased Space and Cover Associated Support C.osts for a One-Stop Development Center at 285 Hamilton Avenue Recruitment Assistance Formation of Library Advisory Commission Golf Course Clubhouse and Related Improvements Salary and Benefit Increases Retroactive to July 1, 1998 for Management and Confidential Employees Emergency Repairs (Basements, Creek, Arastradero Pres.) Council Chambers Refurbishing Capital Project Number 19625 Emergency Management Plan Implementation Automatic Public Toilets ($231,700)($231,700)($221,000) ($34,792)($34,792)($36,000) ($260,000)($260,000)($702,000) ($182,200)($182~00)($265,000) ($488,364)$300,000 ($188,364)($410,743) ($437,400)($437,400) ($269,600)($269,600) ($112,500)($112,500) ¯ ($7,400)($7,400) ($506,979)($506,979)($370,000) ($60,000)($60,000) ($22,500)($22,500) $33,430 $33,430 ($t4,280) ($334,000)($334,000)($624,900) ($142,895)($142,895) ($238,000)($238,000) ($308,500)$200,000 ($108,500)$294,000 ($106,000)($106,000)$140,000 Total ($3,709,400)$500,000 (S3,209,400) ($2,209,923) BSR Balance After BAO’s $~84o,6oo