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HomeMy WebLinkAboutStaff Report 11872 City of Palo Alto (ID # 11872) City Council Staff Report Report Type: Action Items Meeting Date: 3/1/2021 City of Palo Alto Page 1 Summary Title: FY 2021 Mid -Year Budget Review, Rental Assistance and Preliminary Q2 Financial Status Report Title: Review the FY2021 Mid -Year Budget Review and Approve Budget Amendments in Various Funds; Provide Direction on (a) Potential Rent Forgiveness Programs for City Tenants and (b) Waiver of the Business Registry Certificate and Downtown Business Improvement District Fees From: City Manager Lead Department: Administrative Services RECOMMENDATION Staff recommends that the City Council review, discuss and act on the following items for consideration: 1) Amend the Fiscal Year 2021 Budget Appropriation for various funds and various capital projects, as identified in Attachment A, Exhibits 1 and 2 (requires a super majority, 2/3 approval); 2) Review priorities for use of the $744,000 COVID-19 Council Reserve, set aside during the FY 2021 Adopted Budget and provide direction on usage as appropriate; 3) Review capital projects expected to begin construction by fiscal year end; 4) Approve the creation of a rent forgiveness program to qualified City tenants (non-profit and/or for-profit) and authorize the City Manager to execute amendments to all leases in accordance with the City Council established program (Attachment B); 5) Direct staff to return with the necessary documents to waive the business registration fee (Palo Alto Municipal Code Chapter 4.60) due and payable in calendar year 2021 and the assessments typically levied for the Downtown Business Improvement District (BID) for FY21; and 6) Direction to eliminate the equivalent of 83 full-time and 107 part-time positions (76.50 FTE and 26.18 FTE respectively) that were frozen and defunded as part of the FY 2021 Adopted Budget in the upcoming FY 2022 Budget. City of Palo Alto Page 2 EXECUTIVE SUMMARY Annually, staff brings forward recommendations to adjust the adopted budget as part of the Mid-Year Budget review. Recognizing that discretionary decisions should be made through the annual budget process in May/June, the recommended Mid-Year budget adjustments are typically largely ministerial. In light of the current pandemic and the impacts of COVID-19, as previously discussed with the City Council, staff have modified this FY 2021 Mid -Year Budget Review to be a more robust, and significant action for City Council review. Significant adjustments are recommended to realign the FY 2021 budget with current projections and proactively address the forecasted shortfall in revenues versus expenses in FY 2022 and beyond, as outlined in the FY 2022- 2031 Long Range Financial Forecast (CMR 11954). The budget appropriation actions require a super majority approval by the City Council (PAMC 2.28.080(c)(1)). The City continues to actively manage its finances considering significant uncertainties from the ongoing pandemic and related economic challenges. As the City and the County move through different phases of recovery, the City adapts operations to best support and serve the community. As a result of County Public Health Orders and State Public Health restrictions, these changes impact both the cost of delivering City services and the revenues that pay for them (both taxes and fees). Often, staff continues to find tension in resource availability and demands for extreme flexibility and nimbleness in an environment that requires increased resources to deliver the same quantity of service in modified ways to ensure the safety of the community and employees. In general, experts have previously believed that we reached the bottom of financial impacts during the second quarter of 2020, when strict shelter -in-place orders restricted movement and commerce other than core essential activities. However, the forewarned second surge that has hit the community in November – January and its impacts remain largely unknown. As predicted, the anticipated wave resulted in similarly severe restrictions, restricting daily activities once again to levels seen during the second quarter of 2020. It is obvious but important to reiterate that there remain several risks and uncertainties, including: • The pace of vaccination rollout as well as the pace of consumer confidence in the economic recovery, its stability and safety; • The length of the recovery period and how fast recovery could take; this wil l significantly impact the City’s most sensitive tax bases; • The structural changes as a result of the societal adaptations due to COVID -19, including impacts to daytime population, whether it be workers, students/faculty/staff at Stanford University, or changes to the City’s resident population. The City continues to be significantly impacted by the recessionary period and continues to be mindful of this in its day to day business and spending in this context. Included in this report are not only adjustments to amend the FY 2021 Adopted Operating and Capital budgets, but also several restrictions including a freeze on hiring, travel, and additional programmatic actions that impact services, City tenants, and businesses. City of Palo Alto Page 3 This report contains: (a) significant adjustments that are recommended to realign the FY 2021 budget with current projections, (b) adaptations to current and new programs referred by the City Council to staff, and (c) a preliminary 2nd Quarter Financial status. This report is organized as follows: • FY 2021 Mid-Year Budget Adjustments • Current CIP Projects expected to be brought forward for construction contract award in FY 2021 • A potential rent forgiveness program for City tenants (non-profit and/or for-profit) • 2021 Business Registry Certificate Program and Downtown Business Improvement District fees continued pause • Preliminary Q2 Financial Status: Operating Budget & Capital Budget In these sections adjustments to realign the FY 2021 Adopted Budget are recommended working to strategically adjust revenues and expenses with actual activities and services levels, especially in areas due to vacancies. The balancing strategy works to preserve reserves to the extent possible. Staff has been conservative in these estimates and expects to bring forwar d a year end budget adjustment report in June with any additional refinements to budgeted levels based on the most current information available. BACKGROUND Recognizing that discretionary decisions should be made through the annual budget process in May/June, the recommended Mid-Year budget adjustments are typically largely ministerial. This was confirmed in 2016, as staff and the Finance Committee altered the Mid -Year budget process and turned this report into a status update based on actual financial activities in the prior and current fiscal year and to implement previously approved City Council direction. This report focuses on recommended changes to the FY 202 1 Adopted Budget. Where possible, budget change recommendations are brought forward for City Council consideration as part of the approval of the Mid-Year Budget Report to consolidate requests and streamline changes to budget appropriations. These adjustments are necessary as revenues and expenditures vary from the original budget plan for many reasons, including but not limited to changes in economic factors, project estimates and scope, and City Council policy and direction. The Mid - Year Budget Report reflects adjustments for prior City Council approved direction, clean -up actions based on FY 2020 actual experience or current FY 2021 actual activities. As a reminder of the recent history of financial impacts, recognizing the severity of the public health emergency and its impacts on the City’s financial situation, in Spring 2020 the City Council directed staff to assume a more conservative revenue estimate reflecting a loss of $39 million in General Fund tax revenues in FY 2021 (CMR 11315) from previously projected levels for FY 2021 prior to the onset of the pandemic. Actual FY 2020 revenues fell $16.7 million below prior year levels of $180.4 million in FY 2019. In prior years, Sales Tax and Transient City of Palo Alto Page 4 Occupancy Taxes (TOT) alone made up nearly 30 percent of the General Fund revenues, both of which continue to see significant declines. As a result of the City Council’s direction, staff returned with service reductions to prioritize essential services and pare back discretionary services in order to align expenses with the lower revenue estimates. More than 60 percent of the City’s General Fund budget funds the outstanding workforce delivering the City’s services every day and staff and resource reductions were unavoidable. The City’s General Fund workforce was reduced by 11.3 percent, as 83 full time staffing positions (76.50 FTE) were frozen and defunded and 107 part-time positions (26.18 FTE) being frozen and defunded as well. This is an 18 percent reduction in force able to deliver services to the community. Despite these reductions, the adoption of the FY 2021 budget (CMR 11330) ensured that the City continues to proactively pay for long term liabilities and continues capital investments in its most critical infrastructure. It also provides resources for the City to successfully adapt from ‘shelter in place’ to future service delivery models and establishes funding to support those service delivery transitions and for this reason, a reserve of $744,000 was established for the City Council to address ongoing or additional unforeseen impacts from COVID19. These funds are to be allocated based on resource needs related to Community Services, ongoing COVID-19 Response, Public Safety Operations, and Shuttle Systems, or other priorities proposed by staff. This list is a working list that can be adjusted based on needs as recommended by staff and directed by the City Council. This report does not recommend use of these funds; however, they may be a funding source for a potential rent forgiveness program. Staff has provided regular updates on the City’s financial status providing opportunities to review services and identify any changes in priorities. In addition, forecasts for FY 2022 and beyond have been discussed with the City Council to assist in providing a longer outlook beyond June 30, 2021 and begin work on planning for FY 2022 and the continued contraction of available resources. Prior staff reports providing various fiscal updates for Council deliberations are below. This does not include information items that have been distributed for quarterly reporting such as investments. • October 19, 2020, City Council (CMR 11596): Preliminary Q1 Fiscal Year (FY) 2021 Financial Status Discussion and Potential Direction to Staff on Budget Revisions, Staffing Revisions, and Next Steps in Monitoring, Modeling, and Addressing Recovery Planning Approaches • November 30, 2020, City Council (CMR 11790, meeting video): Study Session on Community and Economic Recovery Strategies and Engagement • December 15, 2020, Finance Committee (CMR 11844): Review and Recommend That the City Council Accept a Preliminary Forecast for Fiscal Year (FY) 2022 and FY 2022 Budget Development Guidelines • December 15, 2020, Finance Committee (CMR 11750): First Quarter FY 2021 Financial Report City of Palo Alto Page 5 • January 25, 2021, City Council (CMR 11808): Update on Status of Capital Improvement Fund and Potential Direction on Prioritization of Projects for the FY 2022 Budget and 2022 -2026 Capital Improvement Plan • February 8, 2021, City Council (CMR 11954): Review the Potential Financial Scenarios and Direction to Staff on Development of the Fiscal Year (FY) 2022 Budget, Review and Acc ept the FY 2022 Budget Development Guidelines, and Review and Accept the FY 2022 - 2031 Long Range Financial Forecast As discussed with the City Council on February 8th in reviewing potential financial scenarios, data is gathered and reviewed throughout the fiscal year. This item is intended to be a touch point and continuation of providing new information since the in-depth City Council budget and fiscal discussions held in May and June 2020. This report seeks Council input on several areas of staff work ahead and also outlines next steps and timing for a series of City Council conversations planned to focus on fiscal monitoring, community and economic recovery, and more. Status of the City’s financial condition as of the 2nd quarter of FY 2021, based on new information and review of key indicators in the General Fund are discussed and includes reporting for all other funds. DISCUSSION Considering the current pandemic and the impacts of COVID-19, as previously discussed with the City Council, staff have modified this FY 2021 Mid-Year Budget Review to be a more robust, and significant action for City Council review. This item serves as a continuation of the many touch points as the City maneuvers through these uncertain times and works to remain agile based on the most current information available. Further strategic work continues aside from the financial reporting discussed above, focused on a Community and Economic Recovery Strategy. Findings and recommended adjustments in this report are based on the data available at the time of reporting and do not reflect true 2 nd Quarter financial activity in FY 2021. Final Q2 data will not be available until the end of March 2020. FY 2021 Mid-Year Budget Adjustments The following is an overview of the status for the General Fund, Enterprise Funds, and other funds including recommended budget adjustments as they pertain to the City’s FY 202 1 Operating and Capital Budgets. City of Palo Alto Page 6 Overview of Mid-Year Balancing Strategy This mid-year report serves to report the preliminary 2nd quarter financial status and also proposes a number of budget adjustments to align revenues with year-to-date activity and estimates. The General Fund net budget shortfall as of mid-year totals $5.2 million and was driven by revenues impacted by COVID-19, including the City’s major tax revenues, department revenues associated with cost-recovery activities, and delays in implementing Fire fee that were part of the balancing strategy in the Adopted Budget. The following table outlines the major drivers of the General Fund mid-year gap along with staff’s proposed balancing strategy to offset the collective impact of these activities: Table 1: General Fund Mid-Year Gap and Balancing Solutions Items Contributing to Budget Gap Department Revenue Alignment due to Economic Impact $(4.3) M Net impact of Major Tax Revenues (decrease in TOT, UUT, offset by increases in Property Tax, Sales Tax, and DTT) (3.2) M Deferred Implementation of Fire Fee Revenue (1.6) M Delayed Opening of Junior Museum and Zoo (1.0) M Service Alignments (0.1) M Recognize CARES Act Funding 0.9 M Reduce Transfer to Capital Fund; align with TOT revenue estimate 4.5 M Total General Fund Mid-Year Gap $(4.8) M Proposed Balancing Solutions Department Service Reductions/Alignments (vacancy savings included) $0.9 M Eliminate Remaining Travel Budget $0.3 M Reduce Management Development Funding from Previous Years $0.1 M Use Department Economically Sensitive Revenue Reserve $3.5 M Total Proposed Balancing Solutions $4.8 M Items Contributing to the Gap Department Revenue Alignment due to Economic Impact: These adjustments include reductions in parking citation revenue due to discontinuing parking enforcement; aligning ambulance transport revenue to historical trends; and revenue and cost alignments for the Art Center, Recreation, Children’s Theatre, and facility rental as a result of continued discontinuation of services due to COVID-19 impacts. Decrease in Major Tax Revenues and Reduce Transfer to Capital Fund: Overall, it is estimated that major tax revenues will fall $3.2 million below the FY 2021 Adopted Budget. This reflects the net impact of an approximately $11 million reduction in Transient Occupancy Tax (TOT) and Utility User Taxes (UUT), partially offset by higher Property Tax, Sales Tax, and Documentary Transfer (DTT) estimates. In alignment with the City Council policy to dedicate a portion of TOT receipts to infrastructure investments, a recommended $4.5 million reduction in the transfer to the General City of Palo Alto Page 7 Capital Improvement Fund aligns the budgeted expense with current revenue estimates. This adjusted level is consistent with the projections for CIP financial status in the most recent staff reports to the City Council. Additional detail for these adjustments is detailed in this staff report. Deferred Implementation of Fire Fee Revenue: The FY 2021 Adopted Budget includes $1.9 million in fee revenue for a First Responder Fee and an Ambulance Subscriptions. Staff has retained a consultant to assist with implementation of the First Responder Fee and is expected to begin reporting to the City Council on this item during FY 2022. Work on the Ambulance Subscription Fee is in progress and has been presented to the Finance Committee in December 2015. The Department is working on a revised report to Council for March/April and anticipates an 80 percent reduction in the revenue estimated from this fee. Delayed Opening of Junior Museum and Zoo: The continuing community impact of COVID-19 has necessitated the delay of the opening of the new JMZ from March 2021, which results in revenue decreases in ticketed entry and membership sales and cancelled activities due to health order limitations on gatherings. This action also recognizes expense savings from the postponed opening in areas such as staff hiring delays, marketing, accreditation-related activities, and new animal care and transport. Proposed Balancing Solutions Department Service Reductions or Alignments: Proposed department service reductions and alignments of program costs total $0.9 million, of which $0.5 million are ongoing and are anticipated to be proposed during the FY 2022 budget process. Detail for these reductions can be found in Attachment A. This includes proactive recognition of vacancy savings in Community Services, Public Works, and Administrative Services Departments for position vacancies during FY 2021 that are expected to be brought forward as part of the FY 2022 Proposed Budget. Eliminate Remaining Travel Budget: Health orders discourage non-essential travel and require mandatory quarantine after long distance travel into Santa Clara County. In addition, professional organizations and other agencies have switched to virtual meetings and conferences. Staff proposes that remaining travel expense budget be eliminated this fiscal year as staff continue to freeze travel. Reduce Management Development Funding from Previous Years: The Management Training Program provides $1,000 per eligible employee (MGMT and PAPMA) to provide employees with resources to improve and supplement their job and professional skills. Savings from previous years of $0.1 million is proposed to be eliminated. The funding allocation for current year remains intact. City of Palo Alto Page 8 Department Economically Sensitive Revenue Reserve: Consistent with the direction given by the City Council on May 4, 2020 (CMR 11315), the FY 2021 Adopted Budget includes a $5 million reserve to offset the unknown impact of department economically sensitive cost-recovery activities. The FY 2021 Adopted Budget was developed assuming that shelter-in-place orders would be lifted shortly after December 2020 and normal social and economic activities would resume. It was expected and anticipated that departmental revenues would fall below budgeted levels, it however was unknown exactly where depending on health orders. Therefore, funding was set aside in anticipation of this mid-year adjustment. As departments have revenue operational activity through December and forecast through the end of the fiscal year, $3.9 million of this reserve is used as a balancing solution. Other Recommended Adjustment Highlights In addition to realigning the General Fund, other adjustments are included in this report , generally grouped into four types of transactions: • Prior City Council Direction/Clean-up actions: These technical adjustment requests adjust the current budget levels to align with anticipated year end revenue or expenditure levels and fix inadvertent errors in the adopted budget. “Prior City Council Direction” actions complete the technical budget adjustments in alignment with direction that was approved by the City Council in a separate agenda item. Typically, mid-year adjustments fall in this category. • Reimbursements and Grants: These requests adjust grants, reimbursements, and fee revenue and expenditure estimates to align with current year end projected levels as appropriate. This type of request normally has a net-zero impact. • Time-sensitive supplemental funding to reflect pending expenses: These are requests for additional funding to address critical programs or service delivery needs. These adjustments are being brought forward ahead of the annual budget process because the need either cannot or should not wait until the next fiscal year. The highlights below in addition of full details of all recommended actions can be found in more detail in Attachment A. Major adjustments include but are not limited to: Time-sensitive supplemental funding to reflect pending expenses: • Library Automated Material Handling to purchase hold lockers and lending kiosks from impact fees ($220,000) Prior City Council Direction/Clean-up actions: • Community and Economic Recovery Plan resource allocation, as approved by the City Council on January 25, 2021 (CMR 11967) Including funding for Fiber to the Home ($200,000), Workplace facility adaptations ($500,000), and University Avenue Streetscape Update ($150,000). • Recommended transfer of impacts fees for capital investment as outlined in the Annual Status Development Impact Fees FY 2020 report (CMR 11875) City of Palo Alto Page 9 Reimbursements and Grants: • Public Safety Strike Team Reimbursements: $1.0 million in revenue for reimbursements that have been confirmed from the State of California, and a corresponding increase to the Fire Department’s overtime budget for deployment of public safety personnel on strike teams. • Local Early Action Plan (LEAP) Grant: $300,000 This net-neutral action increases appropriations for a reimbursable grant from the California Department of Housing and Community Development (HCD) for technical assistance, preparation an d adoption of planning documents, and process improvements to accelerate housing production and facilitate compliance to implement regional housing needs assessment. FY 2021 Adopted Budget Reductions In addition to the above mid-year balancing strategies, staff also seeks the City Council’s direction to eliminate positions that were frozen and defunded in the FY 2021 Adopted Budget as part of the FY 2022 Proposed Budget. As discussed in the FY 2022 – 2026 Long Range Financial Forecast (CMR 11954), the Forecast does not assume restoration of these positions and under this assumption the City continues to forecast gaps in future years. Changes approved as part of the FY 2021 Adopted Budget are summarized below and outlined in detail in CMR 11330. This is a significant adjustment to services levels as the FY 2021 $40 million gap was solved by reductions in services through defunding staffing and a reduction of General Fund investment in capital infrastructure (both base transfer and TOT receipts) by $18.4 million in FY 2021. Although services are outlined below, the pandemic has restricted activities via health orders and as discussed at the February 8, 2021 City Council meeting, it is likely the community has not felt the full impact of these reductions yet. Public Safety: FY 2021 adjustments included an increase of $1.55 million in program revenues and a reduction of $7.3 million in expenses in the General Fund, including 33.27 full -time and 2.28 part-time staffing freezes. These actions included suspensions of specialized police units such as the traffic enforcement and investigation units to maintain police patrol services and shift the priority of police services to urgent calls, lowering capacity to respond to nonurgent calls. Limited officer training, promotional testing, uniform purchases and eliminated or changed to full cost recovery non-essential programming such as school resource officers. Curtailed dispatch, communication, and emergency preparedness services, as well as emergency incident response and training and work to adopt fees to increase revenue for first responder and ambulance subscription. Community & Library Services: FY 2021 reductions included $0.3 million in program revenues and $4.9 million in expenses in the General Fund, including 16.1 full-time and 21.02 part-time staffing freezes. These actions reduced library hours at all branches, keeping neighborhood libraries (Children’s, Downtown, and College Terrace) open three days a week and full-service branches (Mitchell Park and Rinconada) open six days per week. This includes greater cost - recovery through changes in service delivery, charges for services, and/or limiting operating City of Palo Alto Page 10 hours for facilities such as the new Junior Museum and Zoo (JMZ), community centers, open space preserves, the Children's Theatre, and the Art Center. These actions also reduced or eliminated programming such as special events, art exhibits, human services activities, and teen programs. Planning, Transportation, and Infrastructure: FY 2021 reductions included $2.1 million in program revenues and $6.1 million in expense in the General Fund, including 8.2 5 full-time and 1.44 part-time staffing freezes. Included were actions to reduce administration, code enforcement, front counter support, and inspection services. Understanding that this could delay services to the development community, the building inspe ction and plan review team was reorganized to minimize the impacts to lead times for inspections, progress on the Energy Reach Code, and the ability to meet next day inspections. The Crosstown and Embarcadero shuttle programs were eliminated, and the delivery of this service redesigned to reduce costs. Additionally, funding for tree trimming and vehicle replacement was reduced for one year and rate changes in various utility enterprise funds were suspended for the coming year(s). Internal Services & Council Appointed Officers: FY 2021 reductions included $2.9 million in operating expenses in the General Fund, including 5.9 full-time and 0.96 part time staffing freezes. Internal Services departments include the Information Technology, Human Resources, and Administrative Services Departments as well as the Council and appointed officers (City Manager, City Attorney, City Auditor and City Clerk). Reductions in these areas align with the changes in services, increasing timeframes for assistance and review in areas such as recruitments, procurements, performance reporting, and risk management. Technology solutions will be constrained to only essential contracts and systems and support equipment needs as the majority of our workforce continues to work from home. The City Council, Innovation and Special Events, and Human Recourses contingency accounts were eliminated in FY 2021 on a one-time basis. Current CIP Projects Expected to be Brought Forward for Construction Contract Award by the end of FY 2021 Below list of General Capital Improvement Fund projects that staff expects to present to the City Council for award of construction contracts before the end of the fiscal year. Projects expected to award in FY 2022 are not included and would be addressed during fiscal year reappropriations. Recognizing recent Council discussions and interest in reprioritizing projects, this information is provided to keep the City Council informed of project status prior to the full review of capital investments scheduled to be part of the FY 2022 Proposed Capital Budget. This interim step prior to review of the overall CIP allows the Council, should it wish, to redirect staff efforts on these projects. City of Palo Alto Page 11 Table 2: Capital Projects Expected to be Brought Forward for Construction Contract Award by the End of FY 2021 FY 2021 Adjusted Budget Project Number Project Title Project Summary and Status 2,362,282 AC-18001 JMZ Renovation This project supports the City’s contributions to the new JMZ. A contract for fabrication of exhibits is expected to be brought to Council for approval before the end of Fiscal Year 2021. 2,485,231 PE-08001 Rinconada Park Improvements This project will provide safety, site amenities, playground facilities, irrigation, drainage and ADA accessibility improvements. The planned new restroom has been removed from the scope of work to reduce cost, and a construction contract is expected to be brought to Council for approval before the end of Fiscal Year 2021. 8,046,137 PE-13011 Charleston/Arastrader o Corridor Project This project provides new landscaped median islands, bulb outs, enhanced bike lanes, traffic signal improvements and new street trees for the corridor. A construction contract for the project’s third and final phase is expected to be brought to Council for approval before the end of Fiscal Year 2021. 667,056 PE-15020 Civic Center Waterproofing Study and Repairs This project will repair the expansion joint on King Plaza and replace the waterproof coatings on the inside of the plaza perimeter planter boxes. A construction contract is expected to be brought to Council for approval before the end of Fiscal Year 2021. 950,000 PE-18004 Fire Station 4 Replacement This project will replace Fire Station #4 at the corner of Middlefield Road and East Meadow Drive. A design contract is expected to be brought to Council for approval in March. 606,314 PE-18016 Civic Center Fire Life Safety Upgrades This project will assess, update, and replace the Civic Center fire alarm system. The fire alarm panels and associated equipment need an upgrade to meet current code requirements. A construction contract is expected to be brought to Council for approval before the end of Fiscal Year 2021. 314,800 PE-20002 City Facilities Assessment and Record Plan Management System This project will conduct an assessment of all City facilities, including an electrification assessment in support in support of the City’s “80x30” sustainability goal. A consultant contract is expected to be brought to Council for approval before the end of Fiscal Year 2021. 404,050 PE-21003 Magical Bridge Playground Rubber and Synthetic Turf Resurfacing This project will replace the rubberized and synthetic turf surfacing in the playground. A construction contract is expected to be brought to Council for approval before the end of Fiscal Year 2021. 11,616,43 PE-86070 Street Maintenance This project includes the annual resurfacing, micro- City of Palo Alto Page 12 5 seal, crack seal and reconstruction of various city streets. Contracts for the FY 2021 Streets Preventive Maintenance Project and the FY 2021 Street Resurfacing Project are expected to be brought to Council for approval before the end of Fiscal Year 2021. 452,478 PF-01003* Building Systems Improvement This project provides electrical, mechanical, plumbing, structural, and security upgrades for City facilities. A construction contract for the Mitchell Park tennis courts lighting upgrade is expected to be approved by the City Manager before the end of Fiscal Year 2021. 6,523,608 PF-16006 Municipal Service Center Lighting, Mechanical, and Electrical Improvements This project will replace original MSC mechanical, electrical, and lighting systems installed in 1966. A design contract amendment for additional electrical design work is expected to be brought to Council for approval before the end of Fiscal Year 2021. 2,169,800 PF-17000 Municipal Service Center A, B, & C Roof Replacement This project will replace the existing MSC roofs. A construction contract is expected to be brought to Council for approval before the end of Fiscal Year 2021. 209,000 PG-14000 Ramos Park Improvements This project includes safety and accessibility improvements, including replacing the existing park playground, benches, drinking fountains, and resurfacing the basketball court playing surface, as well as installing a new restroom (separate and additional restroom funding is provided by the Parks Restroom Installation CIP project). A construction contract is expected to be brought to Council for approval before the end of Fiscal Year 2021. 217,800 PG- 14002* Cameron Park Improvements This project will upgrade and renovate safety and accessibility features with a primary focus on the park playground. A construction contract is expected to be approved by the City Manager before the end of Fiscal Year 2021. 2,726,860 PL-15002 Downtown Automated Parking Guidance Systems, Access Controls & Revenue Collection Equip. This project includes design and installation of new automated parking guidance systems. A construction contract is expected to be brought to Council for approval before the end of Fiscal Year 2021. *projects with contract amounts anticipated to be under the $250,000 threshold requiring Council approval City of Palo Alto Page 13 Potential Rent Forgiveness Program for City Tenants (Non-Profit and/or For-Profit) At the October 19, 2020 City Council meeting, staff recommended that the City Council discuss Palo Alto’s current fiscal status and provide direction to staff on potential budget actions, including on rental relief for City non-profit and for-profit tenants. City Council requested staff bring back options to provide rental relief for a defined period of time for the City’s tenants. This staff report provides a time bounded rent forgiveness program to City tenants with various criteria to meet qualifications. Staff recommends the City Council approve the creation of a rent forgiveness program to qualified City tenants and authorize the City Manager to execute amendments to all leases in accordance with the City Council established program. Here are some options of rent forgiveness to consider: Table 3: Rent Forgiveness Program Options for Consideration Rent Forgiveness Options to Consider Estimated Impact Cost Estimated Impacted Stakeholders Time Covered Option A – Rent Forgiveness for All Active Tenants $875,000 67 tenants – (For-profits, Non-profits, Small Businesses, Large Businesses) 3 months Option B – Rent Forgiveness for Active and Non-Operational Tenants $751,000 58 tenants – (For-profits, Non-profits, Small Businesses) 3 months Option C – Rent Forgiveness for Active and Non-Operational Non- Profit Tenants $203,000 19 tenants – (Non-Profits) 3 months Option D – No Rent Forgiveness $0 N/A N/A Staff recommends Council approve the following qualifications for tenants to participant in this program: 1. The rent forgiveness program is available to those tenants that have satisfied all responsibilities under their existing agreement, have no outstanding delinquencies for any payments due prior to April 1, 2020, and is a current tenant as the date of the application. 2. Tenant must cite section(s) of the County ordinance that restricted tenant’s operations. 3. Rent over $100 per month including operating expenses. 4. Tenants will be required to complete a form describing their impact from the COVID-19 pandemic and provide financial statements demonstrating the amount of reduced business revenue. 5. The business must have had gross revenues of less than $2.5 million in 2019. City of Palo Alto Page 14 6. The business must provide an income statement demonstrating a decline in gross revenue during 1st half of 2020 of at least 50% from 1st half of 2019. 7. If a qualified tenant paid rent during the forgiveness period instead of deferring, it may qualify for rent credits to be used for rent owed in the following three months after the parties agree to an amendment. 8. Tenants that meet all qualifications will be required to enter into an amendment, subject to City Manager approval. Full details of this potential forgiveness program can be found in Attachment B. 2022 Business Registry Certificate Program and Downtown Business Improvement District Fees In FY 2020, due to COVID-19, the Council waived the $50 Business Registry Certificate Fee (BRC) and the assessment of the Downtown Business Improvement District (BID) (CMR 11219) for calendar year 2020. Council also approved the reimbursement of business registration fees and BID assessments paid. Reimbursements have totaled $73,609 for BRC and $44,710 for BID. Subsequent actions were taken in June to suspend these programs through FY 2021 it was expected that both BRC and BID fees would resume in 2022 (CMR #11405, and #11358). As we approach the renewal period staff is seeking Council’s direction on whether to: 1) Waive the BRC and/or BID fees again in 2022; or 2) Continue with the collection of fees for both the BRC and BID Depending on the City Council’s direction, staff will return with the necessary actions to implement the direction. To aid the Council this potential direction is some background on these programs and their financial implications. The Business Registration Program requirements in Palo Alto Municipal Code Chapter 4.60 (commonly referred to as the “Business Registry”) apply to all businesses located in Palo Alto, with the exception of nonprofits and businesses with less tha n one full-time equivalent employee, home-based or transitory businesses, a religious organization with no ancillary business on-site, businesses who relocated outside of Palo Alto in the past year, and businesses that are permanently closed. Most exempt businesses need to annually claim their exemption through the application but do not pay the fees. The $50 business registration fee is for cost recovery purposes and the $4 certified access specialist (CASp) fee is a State requirement (SB1186 and AB1379) for local jurisdictions to collect a $4 fee from new or renewal applicants for a local business license or equivalent instrument or permit. This fee is for the purposes of increasing CASp services and compliance with construction-related accessibility requirements in Palo Alto and cannot be waived by the City. The BRC is estimated to generate approximately $113,000 annually based on collections during 2018 and 2019. The Downtown Business Improvement District (BID) was established to promote the economic revitalization and physical maintenance of the Palo Alto Downtown Business Improvement District. The City contracts with Palo Alto Downtown Business and Professional Association (PADBPA) to provide services to businesses in the BID. The BID assessment is levied on and paid City of Palo Alto Page 15 by businesses in the district boundary to provide these services. The assessment ranges between $50-$500 based on the location of the business in the BID, type of business, and number of employees (or number of rooms for a lodging business). In June 2019, Council adopted a resolution approving the annual levy of the BID assessments for 2020 which was rescinded on May 4, 2020. The Downtown BID assessment is estimated to generate approximately $76,000 annually. This funding is then used to fund programs and activities managed by the Palo Alto Downtown Business and Professionals Association (PADBPA). Preliminary 2nd Quarter Financial Status: Operating Budget General Fund Overall, the General Fund is tracking at or below adopted estimated rev enues and at adopted expenses. Based on the continued phased reopening from the shelter -in-place orders imposed in March 2020, consumer behaviors continue to evolve, impacting the financial forecasts. The organization has carefully planned for the financial implications of COVID-19 on the City of Palo Alto. Staff recommends adjustments to the revenues and expense levels to align with current projections. However, it is critical to reiterate that e conomic trends and data continue to be uncertain. General Fund: Revenues The FY 2021 Adopted Operating Budget approved a $197 million estimate for sources, of which $67.1 million has been collected to date, or 38 percent of the adopted budgeted. This FY 2021 Adopted Budget included approximately $40 million in reduced revenues, primarily in Sales Tax and Transient Occupancy Tax revenues followed by reduction in Charges for Services, Documentary Transfer Tax, and Utility User Tax. As reported to the City Council on February 8th (CMR 11954), major tax revenue estimates for FY 2021 are projected to fall $3.4 million, or 1.7 percent. This report includes review and analysis of department revenue and proposes adjustments to the budget that continues to scale and modify revenues based on operational impacts experienced due to COVID-19. General Fund revenues (excluding operating transfers) for the 2nd quarter of FY 2021 totaled $67.1, which is 19.3 percent lower than the same period of the prior year and comprises 38 percent of the current year Adopted Budget. The level of budget revenue collected through the end of the 2nd quarter is not indicative of the annual expected receipts in FY 2021 due to timing of major revenues received over the fiscal year. Cash receipts as expected declined in all General Fund revenues except Documentary Transfer Tax over prior year’s 2nd quarter. The following is a table which highlights the City’s major revenue sources for the 2nd Quarter, compared to 2nd Quarter of the prior year. Each quarter’s revenue is expressed as a percentage of the Adjusted Budget for each year. City of Palo Alto Page 16 Table 4: General Fund Preliminary Revenue FY 2021 2nd Quarter % change FY 2021 %FY 2020 % Property Tax 6.8%52,000$ 33.7%48,634$ 33.8% Sales Tax -18.5%20,500 44.7%34,346 32.7% Charges for Services -23.7%25,984 36.0%30,267 40.5% Transient Occupancy Tax -85.7%14,900 10.5%29,309 37.3% Utility User Tax -14.4%15,100 46.8%17,581 46.9% Permits and Licenses 2.0%8,270 36.3%8,667 34.0% Documentary Transfer Tax 1.0%4,700 97.6%8,369 54.2% All Other Revenue Sources -10.3%34,843 42.6%34,076 48.6% Total Revenue -19.3%$176,297 38.1%$211,249 39.4% City of Palo Alto General Fund Revenue FY 2021 2nd Quarter [PRELIMINARY] (000's) 2nd Quarter Actuals Adjusted Budget FY 2021 FY 2020 17,549$ 16,436$ 9,159 11,239 9,343 12,247 1,569 10,944 7,060 8,246 3,005 2,947 4,586 4,539 14,860 16,562 $67,131 $83,160 As outlined in the May 2020 discussion of COVID-19 fiscal scenarios (CMR 11315), the FY 2021 Proposed Budget estimated the same major tax revenues at $145.7 million, which is nearly $40 million higher than the FY 2021 Adopted Budget of $107.2 million. The below table compares major tax revenues estimates against pre-COVID actual revenue levels in FY 2019 and the FY 2021 projections. These estimates have assisted in informing the recommended budget adjustments included in Attachment A recommended for City Council approval. City of Palo Alto Page 17 Table 5: General Fund Major Tax Revenues as of 12/31 Actual 2019 Actual 2020 Adopted 2021 Projected 2021 Revenue & Other Sources 0 Sales Taxes 36,508 30,563 20,500 25,030 Property Taxes 47,327 51,089 52,000 53,173 Transient Occupancy Tax 25,649 18,554 14,900 4,830 Documentary Transfer Tax 6,923 6,903 4,700 6,875 Utility Users Tax 16,402 16,140 15,100 14,080 Other Taxes and Fines 1,888 1,172 1,925 392 Subtotal: Taxes 134,697 124,421 109,125 104,380 Charges for Services 26,669 23,557 25,418 20,619 Permits and Licenses 9,088 8,038 8,336 8,932 Return on Investments 2,018 1,419 1,100 1,100 Rental Income 16,411 16,037 16,022 15,404 From Other Agencies 951 1,529 551 2,835 Charges to Other Funds 10,684 11,099 11,992 11,992 Other Revenue 5,084 2,848 2,572 2,412 Total: Non-Tax Revenue 70,905 64,527 65,991 63,293 Operating Transfers-In 20,154 20,568 21,359 21,251 Total Revenue $225,756 $209,516 196,475 $188,924 Property Taxes Property tax revenue is the General Fund’s largest revenue source and represents approximately 25 percent total revenues. The average annual property tax growth over the last 10 years has been approximately 6.6 percent. The FY 2021 secured and unsecured property tax assessed values growth rates are 7.6 percent and 12.7 percent, respectively, an average of 7.8 percent. These higher assessed values reflect continued strength in com mercial and residential real estate markets. Although not in decline, during a recession, property tax impact is delayed by a year. Based on trends from the last two recessions, trends currently indicate a plateau rather than an increase in receipts through FY 2022 as that year will be a reflection of activity in 2020. In addition, fiscal years 2018, 2019, and 2020 included receipts of $1.4 million, $2.7 million, and $3.9 million respectively, for excess Educational Revenue Augmentation Fund (ERAF) distributions from the County of Santa Clara. ERAF is the fund used to collect and disburse property taxes that are shifted to/from cities, the County, and special districts prior to their reallocation to K-14 school agencies. When the state shifts more local property tax than required to support schools these funds are returned and known as excess ERAF. As a result of the volatility of ERAF, it is not considered a permanent local revenue source. In addition to the uncertain amount of ERAF revenue the City is to receive, the State is claiming that five counties (Marin, Napa, San Francisco, San Mateo, and Santa Clara) are calculating excess ERAF in way that that is contrary to state law where too much property tax revenue is being shifted from schools to other local agencies. The final resolution of this dispute, both in timing and amount, creates further uncertainty in the current and future fiscal years. City of Palo Alto Page 18 The FY 2021 Adopted Budget assumes $52.0 million in total property tax and is expected to grow to $53.2 million. A $1.2 million increase to property tax revenue is included in staff’s recommended mid-year budget adjustments (Attachment A). Revised property tax estimates assume $3.2 million in Excess ERAF revenue will be received. Sales Taxes Sales tax receipts have seen significant declines as the City’s revenue base is dependent on many high-end goods and dining options at regional destinations, such as Stanford Shopping Center. Cash receipts for the 2nd quarter has decreased 18.5 percent, from the same period last year, however, when reviewing economic activity through September 2020, receipts reflect a year-over-year decline of 24.9 percent. These significant declines reflect a partial offset by business to business sales, the one sector that outpaced other areas with 3.3 percent year- over-year growth. Based on activity and receipts for the recent quarter close, it is estimated that sales tax revenue will exceed the FY 2021 Adopted Budget by $4.5 million, or 22.1 percent, and will generate a total of $25.0 million by year-end of FY 2021. This is compared to the $30.6 million received in FY 2020, and $36.5 million received in FY 2019. The FY 2021 Adopted Budget for sales tax revenue was based on a conservative estimate and a variety of unknowns . Based on these year-to-date trends, economic forecasts (including UCLA Anderson), and the City’s sales tax consultant, staff recommends a $4.5 million budget increase to the sales tax revenue budget. Transient Occupancy Tax (TOT) TOT continues to be the most significantly impacted, though revenues have improved slightly above the activity seen in April and May 2020. Currently, receipts through 2nd quarter are tracking 85.7 percent below prior year levels. These receipts reflect actual activity through November 2020, and therefore do not yet take into consideration the second wave COVID-19 cases that occurred in December 2020. During the first five months of the fiscal year, 10 hotels remained closed completely; one of these hotels opened in December. The open hotels average daily room and occupancy rates, as of December 2020 were $117 per day and 38.3 percent, respectively. For the open hotels, occupancy percentage ranges from 9.5 percent to over 76 percent, however, the higher occupancy was at the expense of a deep decline in average room rates (declines range from 10.5 percent to 64.2 percent). Year-over- year, daily average room rates decreased by half, from $279 per day to $117 per day, while the occupancy rate has declined from 76.3 percent to 38.3 percent. According to CBRE, demand for hotel rooms nationally was down by 36.8 percent year-over- year from Q3 calendar year 2019 to 2020, and national hotel occupancy declined a corresponding 37.9 percent year-over-year. San Francisco saw a significant 84.1 percent loss in Revenue Per Available Room (RevPAR), the third greatest decline in the continental U.S., behind Boston and New York. San Jose saw a loss slightly greater than 70 percent from Q3 calendar year 2019 to 2020. As a region where business and other non-leisure travel is a driving impact, City of Palo Alto Page 19 it is expected that until the virus is under control and both domestic and international travel resumes, the City will continue to experience significantly reduced TOT revenue. Rapid progression in vaccines as well as the expected opening of new hotels in Palo Alto are positive developments that will drive recovery for this tax revenue. Receipts are expected to fall below FY 2021 Adopted Budget estimates and represents a decrease of 67.6 percent, or $10.1 million. Included in this report is a recommended downward adjustment to the revenues estimate from $14.9 million to $4.8 million, partially offset by a recommended $4.5 million reduction in the transfer to the General Capital Improvement Fund in alignment with the City Council policy to dedicate a portion of TOT receipts to infrastructure investments. Documentary Transfer Tax (DTT) In FY 2015, DTT peaked at $10.1 million. This milestone was a consequence of several large commercial transactions on Page Mill Road and in the Stanford Research Park. Since that time, DTT has significantly moderated, with $6.9 million earned in FY 2020. Revenue s through 2nd Quarter FY 2021 are 1.0 percent higher than prior year receipts. Therefore, should receipts continue to trend similar to prior years, it is expected that DDT revenues will exceed the FY 2021 Adopted Budget by 46.3 percent, or $2.2 million. As in past years, this revenue source is challenging to forecast since it is highly dependent on sales volume and the mix of commercial and residential sales. Although the total value of these transactions has decreased by 4.6 percent, the number of transactions through December 2020 (365) are running significantly higher than those through December 2019 (285). A proposed $2.2 million revenue budget increase is included in Attachment A to account for this increased activity and estimate moderate sale activity for the remainder for the year. Utility User Tax (UUT) The UUT is levied on electric, gas, and water consumption, as well as on telephone usage. In total, FY 2021 revenues were budgeted at $15.1 million, a 14.1 percent reduction from the FY 2020 adopted level of 17.6 million, or a reduction of $2.5 million. FY 2020 actual receipts were $16.1 million and to date, revenues are 14.4 percent below prior year levels through the 2nd quarter of FY 2021. Therefore, year over year reductions were consistent, however, the lower FY 2020 actual receipts, staff expects collections to fall slightly below budgeted levels by the end of the fiscal year and a recommended $1.0 million downward adjustment is included to reflect this. City of Palo Alto Page 20 Charges for Services & Permits and Licenses The FY 2021 Adopted Budget assumed an estimate of $25.4 million in Charges for Services, a 14.5% reduction from the FY 2020 adopted level or $4.3 million below. The FY 2021 Adopted Budget assumed an estimate of $8.3 million in permit and license revenue, a 29.1% reduction from the FY 2020 adopted level or $3.4 million below. Revenues in these categories were impacted by changes in FY 2021 such as the planned opening of the newly remodeled Junior Museum and Zoo with a ticketed entry fee and membership program and the Fire Department first responder fee and ambulance subscription fee. Overall, revenues in this category are expected to end the year below budgeted levels, mainly in Community Services Department and Fire Department receipts. Significant adjustments are recommended in this FY 2021 Mid-Year Budget Review resulting in an overall decrease of $4.8 million from the FY 2021 Adopted Budget estimate. Below reflect highlights of these downward adjustments. • Reduce $1.6 million revenue estimate due to delay in the review and approval of new Fire Fees. The Ambulance Subscription program and fees were reviewed by the Finance Committee on December 15, 2020 and additional analysis was requested prior to further action. The First Responder Fee is still in development. • Reduce $1.6 million revenue estimate due to the expected delay in the opening of the Junior Museum and Zoo to FY 2022. A corresponding decrease in some expenses in the amount of $526,500 is also recommended to recognize this delay and partially offset this loss. • Reduce $2.3 million revenue estimate in recreation, theater, and arts programming and rentals due to continued shelter in place orders restricting services that can be provided. A corresponding decrease in estimated expenses of $835,000 is recommended to offset this loss. Development Services: Preliminary building application and permit revenue overall is down 14 percent compared to last year and reflects 46 percent of the anticipated building permit revenue for FY 2021 budget. Preliminary Development Services revenue is down 30 percent compared to prior years and is currently pacing to 38 percent of the FY 2021 revenue target. Staff recognizes that monthly revenues may be stabilizing, but there are significant monthly revenue fluctuations compared to prior years that limit any reliable conclusions regarding future construction activity at this time. Staff continues to monitor revenues to determine if recent permit activity reflects a return in confidence for the construction and building sector due to the evolving changes in the current economic environment. Department-managed 6expenses are currently under or on pace to meet the budget. The department is monitoring this category closely on a month to month basis. The table below articulates development services revenues from January through December 2019 versus the same 2020 timeframe. City of Palo Alto Page 21 Table 6: Other Revenues The return on investment category reflects the interest earnings on the City’s investment portfolio. This category is a combination of past investments, new investments at current market rates, and available investable cash which fluctuates seasonally and annually. The revised FY 2021 interest earning forecast of $0.9 million is $0.2 million lower than the Adopted Budgeted of $1.1 million. No adjustment is yet recommended in this Mid-Year Budget Review as staff continues to review its investments. The FY 2021 Adopted Budget assumed a rental income estimate of $16.1 million, a 14.1 percent reduction from the FY 2020 adopted level or $2.5 million below. Revenues in this category primarily reflects rent paid to the General Fund from the City’s Enterprise Fu nds and the Cubberley Community Center. During the pandemic, the City has continued to follow Santa Clara County orders and allowed tenants to defer payment of rent, however, as the period continues to grow longer and longer impacting the ability for tenan ts to continue their normal business, a number of City tenants have asked for rent relief. As directed by the City Council on October 19, 2020, staff has brough forward as part of this FY 2021 Mid-Year Budget Review, options for a potential rent forgiveness program. This can be found in Attachment B. No program is currently assuming in this FY 2021 Mid-Year Budget Review. Therefore, should the City Council wish to implement one of these program options, the financial impact would need to be drawn from either the City Council’s COVID-19 Reserve for unforeseen needs or from the Budget Stabilization Reserve. City of Palo Alto Page 22 General Fund: Expenses Overall General Fund expenses are currently expected to remain within the FY 2021 Adopted budget levels of $197 million. General Fund expenses (excluding operating transfers) for 2 nd quarter are 8.6 percent lower than prior year and are tracking at 45 percent of Adjusted Budget (excluding encumbrances). This lower than prior year expense levels in expected due to the significant reductions taken as part of the FY 2021 Adopted Budget which reflected an overall decrease in expenses of 14.7 percent from FY 2020 Adopted Budget levels. The following is a table which highlights the City’s expenses by function for the 2nd quarter, compared to 2nd quarter of the prior year. Each quarter’s expense is expressed as a percentage of the Adjusted Budget for each year. Table 7: Preliminary General Fund Expenses FY 2021 2nd Quarter FY 2021 FY 2020 % change FY 2021 %FY 2020 % inc (dec) Police 20,452$ 22,142$ -7.63%40,590$ 50.39%44,806$ 49.42% Fire 17,664 18,195 -2.92%33,776 52.30%35,105 51.83% Community Services 12,969 15,067 -13.92%30,149 43.02%32,191 46.81% Public Works 8,324 8,168 1.91%20,185 41.24%19,797 41.26% Planning and Development Services 7,502 8,916 -15.86%19,388 38.69%21,767 40.96% Library 4,335 4,995 -13.21%8,573 50.57%10,532 47.43% Administrative Services 3,652 3,993 -8.54%8,597 42.48%8,989 44.42% All Other Departments 9,611 10,947 -12.20%26,665 36.04%30,652 35.71% Total Expenses 84,509$ 92,423$ -8.56%187,923$ 44.97%203,839$ 45.34% 2nd Quarter Actuals Adjusted Budget FY 2021 2nd Quarter [PRELIMINARY] City of Palo Alto General Fund Expenses (000's) As a service driven organization, the largest expenses are salaries and benefits. Total salary and benefits expenditures through preliminary December 2020 are approximately $64.2 million, or 51.6 percent of the $124.5 million Adopted Budget, compared to $66.5 million in the same period in the prior year. The City is facing historically low vacancy levels with the elimination of funding for 83 full-time positions (equivalent of 76.50 FTE) and 107 part-time positions (equivalent of 26.18 FTE). Already, assumed in the FY 2021 Adopted Budget was vacancy savings of $2 million. This is the equivalent of approximately 10 full-time positions on average. Currently, the City has 45 full-time vacancies in the General Fund. In addition, some marginal costs have been incurred as planned due to the transition an implementat ion of the FY 2021 Adopted Budget actions. These transition costs reflect the separation of employees in frozen positions, including a 30-day notice and other related costs in Q1. The FY 2021 Adopted Budget City of Palo Alto Page 23 established a $1.1 million reserve for this purp ose, and this report recommends the allocation of funding of $220,000 to departments. Table 8: Public Safety Salaries and Overtime Expenses Police and Fire Salaries and Overtime Expense FY 2021 2nd Quarter [PRELIMINARY] (000's) FY 2021 FY 2020 % change FY 2021 %FY 2020 % Inc (Dec) Police - Salaries 8,655$ 9,007$ -3.9%17,321$ 50.0%19,484$ 46.2% Police - Overtime 732 1,504 -51.3%944 77.5%1,842 81.7% Total Police 9,387 10,511 -10.7%18,265 51.4%21,326 49.3% Fire - Salaries 7,027 7,196 -2.3%13,530 51.9%14,131 50.9% Fire - Overtime 1,411 1,339 5.4%1,931 73.1%1,673 80.0% Total Fire 8,438 8,535 -1.1%15,461 54.6%15,804 54.0% Total Public Safety Salaries & Overtime 17,825$ 19,046$ -6.4%33,726$ 52.9%37,130$ 51.3% 2nd Quarter YTD Actuals Adjusted Budget Police overtime is 51 percent lower than the prior year due to suspension of specialized police units such as the traffic enforcement and investigation units. Suspension of these specialized units resulted in reduced service levels and ability to respond to non -urgent calls. The actual Police overtime is 77.5 percent of adjusted budget. On a combined basis, salarie s and overtime are at 51.4 percent of budget through the 2nd quarter of the fiscal year. Fire overtime is 5.4 percent higher than FY 2020 and 73.1 percent of the adjusted budget primarily due to strike team deployment to multiple California wildfires (Au gust Complex, Glass, Fire, CSU, North Complex, Creek Fire and others) which will be reimbursed by the State. In addition, the department staffed Station 8 for over 1,000 hours on red flag danger days. Fire salaries is 51.9 percent of the adjusted budget is partially attributable to the extension of the Fire Department’s FY 2021 staff reduction plan to March 2021. Fire expects to be able to meet this revised attrition timeline of March 2021 and therefore no further action is required. On a combined basis, salaries and overtime are 54.6 percent of the budget through the 2nd quarter of the fiscal year. Across the organization it is important to acknowledge the reprioritization of resources that are occurring as needs change, working to be efficient and effective within authorized levels. For example, some City facilities remain unoccupied or minimally occupied and therefore do not City of Palo Alto Page 24 need traditional services such as janitorial services. However, those facilities that remain open need increased services due to safety requirements complying with Public Health Orders. Instead of seeking additional contracting authority or funds, the Public Works Department has reallocated services within the contract, focusing on facility needs as a result of increased services to ensure the health and safety of the workplace environment and its visitors, both public and employee alike. Therefore, savings in janitorial services are not expected at year end, in fact, depending on the pace of City facilities reopening, costs may rise as increased frequency of service will likely be necessary to maintain a safe environment per the Centers for Disease Control and Prevention (CDC)and State and County Public Health Officer guidelines will be required at more facilities. General Fund: Budget Stabilization Reserve The General Fund Budget Stabilization Reserve is anticipated to be at $35.9 million. This figure reflects the actual FY 2020 year-end financial reporting as outlined in CMR 11880 Recommendation to the City Council to Approval of the Macias Gini & O’Connell’s Audit of the City of Palo Alto’s Financial Statements as of June 30, 2020 and the Management Letter; FY 2020 Comprehensive Annual Financial Report (CAFR); & FY 2020 Budget Amendments in Various Funds, City Council approved BAO’s approved subsequent to the budget adoption through December 31, 2020, and the recommended actions included in this report. This level is 18.2 percent of the FY 2021 Adopted Budget for General Fund expenses and is slightly below City Council’s target level $36.4 million, of 18.5 percent. Not included in this figure is $744,000 that the City Council set aside in a reserve with the usage of that reserve to be determined later at City Council’s discretion. These funds may only be allocated by City Council action. Other Funds Parking Funds Revenue in the Parking Funds is predominantly comprised of annual parking permits for employees and residents, daily parking permits, and in the Residential Preferential Parking (RPP) Fund citation revenue. As expected, all revenue categories are tracking significantly below budgeted levels due to the suspension of parking enforcement and extension of annual parking permit expiration dates, both part of the City’s response to the community and econo mic impacts of COVID-19. The Parking Funds are projected to remain solvent in FY 2021 based on resumption of commercial enforcement and permit expiration in Spring 2021. Resuming enforcement and ending permit extensions are critical to the solvency of these funds as they are expected to drive demand for sales of annual parking permits for employees and residents, which are the most significant revenue sources in these funds. As annual parking permit sales are anticipated to resume in FY 2021, budgeted targets are not adjusted in this report. Other revenue areas such as daily parking permits and violation revenue are reduced , representing the losses incurred while commercial enforcement has been suspended. City of Palo Alto Page 25 Internal Service Funds Minimal exceptions are expected in various internal services funds such as the Retiree Health Care Fund, and the Information Technology Fund. The Vehicle Maintenance & Replacement Fund is prioritizing and pausing replacements as per the Council approved budget adjustments. Below highlight a few areas tracking outside of expected levels. As discussed, Workers' Compensation claims costs are trending up. In FY 2020, expenditures increased by $1.3 million or 26 percent from $5.1 million to $6.4 million from the prior year. The appropriation for Workers' Compensation claims expense includes an estimate for claims incurred and reserves for current filings at an 85 percent confidence level, based on actuary estimates. Staff will continue to monitor expenditures and more importantly trends in this type of expense due to adjustments in regulations. As a reminder General Liability claims costs are trending down and city-wide savings of $2.1 million are expected in this fund. Should these trends continue by year end, staff expects to bring forward year-end adjustments to recognize this savings and recommend to appropriate the General Fund portion in the Litigation Reserve in the General Fund in keeping with the City's practice of proactively setting aside funds for dispute resolution. As a reminder the General Benefits Fund staff expects to recommend at year end that one-time retirement savings in FY 2020 are used to make an additional $2.0 million ($1.3 million General Fund) contribution to the Pension 115 Trust Fund, in accordance with the draft pension funding policy the Council approved, bringing total planned contributions (principal) to $34.3 million (approximately 65 percent of the total is from General Fund). Enterprise Funds Mid-year actions being recommended in these funds are primarily related to the alignment of the Utilities Department budgets with current market conditions for revenues and expenses related to the purchase of commodities and the operation of utilities. The actio ns recommended for FY 2021 mid-year will align revenues and expenses for the Low Carbon Fuel Standards Program; interfund transfers for Electric Streetlights and Traffic Signals, Utilities Equity Transfers; and Electric and Gas commodity costs. Preliminary 2nd Quarter Financial Status: Capital Budget Overall, most Capital Improvement projects are anticipated to remain within budgeted levels in FY 2021. Adjustments to the City’s 2021 Capital Improvement Plan for a limited number of projects are noted in Attachment A, Exhibit 2, with specific project adjustments described as well. CIP changes fall into two basic categories: 1) projects that have been delayed and can have their appropriations reduced, and 2) projects that need additional funding due to unantic ipated costs that were not assumed as part of the FY 202 1 Adopted Capital Budget. The program costs recommended in this report are described below and detailed in Attachment A, Exhibit 2. City of Palo Alto Page 26 Staff is currently actively working on the development of the FY 2 022 proposed capital budget, including review of projects expected to be brought forward by year end for further work (as referenced above), projects which have ben delayed, and realignment of projects as discussed with the City Council as part of recent agenda items including but not limited to the Update on the General Capital Improvement Fund (CMR #11808). Timeline & Next Steps Staff expect to continue to diligently manage financials across the organization, providing City Council updates as information becomes available. As we continue into the 2021 fiscal year, staff is actively working on the FY 2022 budget as well as several regular reporting activities over the coming months. Below is a list of expected reports and Council updates planned over the next few months. The Council will continue to be updated on the financials of FY 2021 through these planned discussions with adjustments brought forward as necessary once more information in available and known. Expected upcoming financial status, budget reporting and Community and Economic Recovery Strategy conversations include: March/April 2021: • Additional review of fee studies for impacts fees (CMR 11875) and fire ambulance subscription services fees (CMR 11710); • Various Utility rate and financial forecast review with Utility Advisory Commission and Finance Committee; • Review of revised Junior Museum and Zoo opening and potential fee schedule May 2021: • Release of the FY 2022 Proposed Operating and Capital Budgets • Public Budget Hearings on the Proposed Budgets with Finance Committee June 2021: • FY 2022 Operating and Capital Budget Adoption • FY 2022 Municipal Fee Adoption • FY 2022 Utility Rates adoption STAKEHOLDER ENGAGEMENT The Office of Management and Budget has coordinated with all departments c ity-wide, the City Manager’s Office, and stakeholders such as City tenants and Downtown BID as appropriate, to bring forward the changes discussed and recommended in this report. City of Palo Alto Page 27 RESOURCE IMPACT Approval of the attached transactions is required to amend the FY 2021 budget appropriation ordinance. With the approval of these amendments, the projected ending balance of the General Fund Budget Stabilization Reserve is anticipated to be $35.9 million, which is slightly below the City Council recommended level of by $0.5 million, or 18.5 percent. The projected changes to the fund balance for all other funds including Enterprise Funds, Internal Services Funds, Special Revenue Funds, and Capital Funds are outlined in Attachment A and accompanying exhibits and impacts to fund balance summarized as follows: Table 9: Resource Impact (Non-General Fund) Fund Amount General Fund Public Services Donation Fund -$55,000 Capital Capital Improvement Fund -$4.3M Enterprise Electric Fund -$0.2M Fiber Optics Fund -$0.2M Gas Fund +$0.3M Utilities Administration Fund -$30,000 Internal Service General Liabilities Insurance Fund -$52,000 Information Technology Fund -$40,000 Vehicle Replacement Fund +$0.1M Special Revenue California Avenue Fund -$0.2M General Government Facility Impact Fee Fund -$0.6M Library Impact Fee Fund -$0.2M Public Safety Facility Impact Fee Fund -$0.1M Residential Preferential Parking Avenue Fund -$0.2M Stanford University Medical Center Fund -$0.7M University Avenue Fund -$0.7M Debt Service Library GO Bond Fund +$0.1M ENVIRONMENTAL REVIEW This is not a project under Section 21065 for purposes of the California Environmental Quality Act (CEQA). . Attachments: • Attachment A - FY 2021 Mid-Year Adjustments • Attachment B - Rent Forgiveness ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND Administrative  Services ‐$ (210,000)$               City Auditor ‐$ 111,940$                City Manager Salary Vacancy Savings Expense Reduction This action recognizes salary savings anticipated to be generated by  vacant positions in the Administrative Service Department through the  end of FY 2021. Several management level position vacancies were  maintained across the Department through the first half of FY 2021. A  couple of these positions are anticipated to be filled in the second half  of FY 2021 to reduce service impacts to other City departments.  (Ongoing savings: $0) City Auditor Services Alignment  This action reallocates existing funds and adds additional funding for  year one of the new Internal City Auditor contract with Baker Tilly US  LLP, in accordance with CMR 11624. 25% of the cost of the City Auditor  contract is allocated to the Utilities Administration Fund and the other  75% to the General Fund. In subsequent years, it is expected that the  contract services authorized will be funded similarly to the current  audit services, 75% in the General Fund and 25% in the Utilities  Enterprise Funds for a total not to exceed $750,000 annually.  Additional entry in Utilities Administration Fund to align all audit  functions across the City. (Ongoing savings: $138,570) City Manager Temporary Housing Reduction This action recognizes an expense reduction in the City Manager's  initial temporary housing  funding. Housing funding was approved by  City Council in CMR 9461 as a temporary measure to allow the City  Manager to reside within the City limits of Palo Alto until a long‐term  residential property could be purchased. Remaining relocation funds  are no longer needed and can be returned to the General Fund as  expense savings. (Ongoing savings: $0) ‐$ (21,383)$                 CITY OF PALO ALTO ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Community  Services Administration Support Reduction This action recognizes $76,132 in six months of projected vacancy  savings for 1.0 Administrative Assistant, vacated this year.  As part of  the FY 2022 balancing strategy, this position is recommended to be  defunded and frozen beginning in FY 2022 ongoing.  This reduction is in  addition to 3.48 positions (including 1.0 Assistant Director) that were  defunded and frozen in the Community Services Administration team  for a total of 4 of 6 full‐time positions in the Administration team, a 2/3  reduction in support. The duties associated with this position will be  absorbed by other existing department staff and include administrative  tasks such as records retention, oversight of website and marketing  materials for the department (including catalog creation for recreation  programs), coordinating agendas and reports with Council/clerk's  office, timecard monitoring, public records request responses and  other administrative items supporting the entire department. There  will be 2 full‐time staff dedicated to the administration for this  department. The remaining Administration Team will be focused on the  most critical tasks for daily operations, however, this action could  impact delays in public records requests, accuracy in Council and  committee reports, and support for special projects, and Council and  public ad hoc inquiries. Administrative tasks will also be decentralized  to division/program‐level staffing as well. (Ongoing Savings: $145,019) ‐$ (76,132)$                 Community  Services Junior Museum and Zoo (JMZ) Opening Delay This one‐time action adjusts revenue and expenses for the Junior  Museum and Zoo. The continuing community impact of COVID‐19 has  necessitated the delay of the opening of the new JMZ from March  2021, which results in revenue decreases in ticketed entry and  membership sales ($1,140,000). Other revenue‐generating activities  have also been canceled due to health order limitations on gatherings,  which results in revenue decreases in classes, camps, field trips and  birthday parties ($433,000). This action also recognizes expense savings  from the postponed opening in areas such as staff hiring delays,  marketing, accreditation‐related activities, and new animal care and  transport. (Ongoing net savings: $0) (1,573,505)$           (526,492)$               ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Community  Services Art Center and Public Art Revenue and Expense Adjustments This one‐time action adjusts revenue and expenses for the Art Center  and Public Art program. Health orders related to COVID‐19 have  restricted programming at the Art Center, leading to many  cancelled  classes and programs. Art Center staff have implemented creative  strategies to provide popular programming and generate revenue,  including a curb‐side ceramics drop off program and ceramics wheel  rentals, as well as virtual art classes. Estimated impacts from canceled  and modified Art Center programming totals $403,000 in revenue  losses and $187,000 in expenses savings. This action also recognizes an  approximate $26,000 decrease in donations from the Palo Alto Art  Center Foundation (PAACF); $5,000 of revenue loss for juried  exhibitions, which have not started due to Art Center exhibitions being  closed all year; and $5,200 lost in teen leadership fee revenues. Finally,  this action also recognizes $20,000 in expense savings in Public Art due  to cancelled events and deferred maintenance. (Ongoing net savings:  $0) (439,400)$              (207,192)$               Community  Services Recreation Revenue and Expense Adjustments This one‐time action recognizes revenue and expense decreases in  recreation programs including Adult Sports, Middle School Athletics  (MSA), Special Interest Youth & Adult classes, Teen programs, and  Summer Camps. Health orders related to COVID‐19 have placed  restrictions on recreation programming, shared indoor and outdoor  facility space, and comingling of different households, all of which  significantly limit the recreational offerings of the City. Staff diligently  adhere to all health restrictions by restructuring class and camp  operations, frequently sanitizing, and following all health & safety  protocols; programming has been adjusted wherever possible to  comply with health orders, for example maintaining small, stable  cohorts. This action recognizes expense savings from staff positions  that can be held vacant given the limited level of programming,  reduced need for recreation programming contractors such as referees  in MSA, and fewer supplies needed due to cancelation of many in‐ person programs. Estimated impacts from canceled and modified  recreation programming totals $1.1 million in revenue losses and  $566,000 in expenses savings. (Ongoing net savings: $0) (1,049,851)$           (565,962)$               ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Community  Services Community Center Closures Revenue and Expense Adjustments This action recognizes revenue and expense reductions from the  limited operations of community centers and recreational facilities.  Due to COVID‐19 public health orders, these facilities have not been  fully opened to the public during FY 2021 and their normal revenue  generating activities have been significantly restricted. Expense savings  from these operational limitations are estimated to be $51,000 and  include savings in janitorial services and supplies; replacement and  repair costs for machinery, equipment, and technology; office supplies;  pest control services; and marketing expenses. Revenue losses are  estimated to be $618,000 and consist of the following: Lucie Stern  Community Center ($225,000) indoor ballroom and large outdoor patio  spaces for large events such as weddings, neither of which are  permitted under current health orders. Small outdoor gatherings have  been accommodated to the extent possible. Mitchell Park Community  Center ($177,000) and the Art Center ($20,000) predominantly rent  indoor space, which is not allowed under current health orders.  Reservable outdoor space at the Art Center has been prioritized to  accommodate the relocation of classes and programs that would  typically be inside. Parks and Fields ($180,000) and tennis court  ($16,000) rentals continue at a reduced level; current health orders  restrict comingling of households, sports leagues, and close contact  sports. Expenditure reductions of approximately $52,000 for  contractual services that are not needed while the facilities are closed  partially offset the revenue losses. (Ongoing net savings: $0) (618,000)$              (51,282)$                 ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Community  Services Children's Theatre Revenue and Expense Adjustments This action recognizes revenue and expense adjustments at the  Children's Theatre (CHT). Health orders related to COVID‐19 have  restricted programming at the CHT, leading to many cancelled classes,  programs, and performances. In‐person performances have been  halted for FY 2021, resulting in a revenue loss of approximately  $52,000. For most of the year, the CHT has not been allowed to  operate indoor programs including theatrical performances and youth  acting and music classes, limiting programming to virtual platforms.  With the recent move to the Purple Tier of the health order, CHT will  be able to offer some in‐person classes & camps of limited size and  frequency to adhere to the health other. Estimated impacts from  canceled and modified CHT programming totals $91,000. This action  also recognizes a decreased donation from the Friends of the Children's  Theater in the amount of $90,000. This action also recognizes a full  year of vacancy savings from 0.3 FTE Arts & Science Aide, a part‐time  summer production support position, which can be defunded and  frozen in FY 2021 resulting in expense savings of approximately  $10,500. (Ongoing savings: $0) (233,000)$              (10,464)$                 Community  Services Foothills Preserve Entry Fee Revenue and Operations Expense This action recognizes ongoing, prorated revenue from a new vehicle  entry fee to Foothills Preserve, as approved in CMR 11956 on 2/1/2021.  One‐time funding is also recommended to be allocated to Foothills  Preserve for the purchase of an automatic fee collection machine which  will allow the  entry fees to be collected full time. In the FY 2022 budget  development process CSD plans to propose to reinstate currently  frozen and defunded a 1.0 Community Services Manager (Ranger) at a  cost of approximately $150,000, offset by revenue collected from the  vehicle entry fee.  (Ongoing net savings: $200,000) 75,000$                 20,000$                  Fire Department Ambulance Subscription Fee Revenue Adjustment  This one‐time action recognizes revenue reduction due to delays in  implementation of the Ambulance Subscription Fee, an optional fee for  residents and businesses to secure co‐pay free ambulance transport.  An initial plan was reviewed with the Finance Committee in CMR 11710  December 15, 2020 and the department is gathering data and  performing additional work as requested by the Committee before  bring the final plan to the full Council for adoption of the new fee.  Implementation is anticipated to be complete in late spring 2021.  (Ongoing expense: $0) (1,184,000)$           ‐$  ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Fire Department Ambulance Transport Revenue Adjustment  This action recognizes reduced revenue from lower than projected  ambulance transports in FY 2021. Shelter‐in‐place orders have limited  EMS calls for service and corresponding ambulance transports. This  revenue reduction is anticipated to continue as long as health orders  significantly limit community activities. (Ongoing revenue reduction:  $745,000) (745,000)$              ‐$  Fire Department First Responder Fee Revenue Adjustment  This action recognizes reduced revenue from delays in implementation  of the First Responder Fee. This fee would be charged for all EMS calls  regardless of transport and would cover cost for initial response for  first due engine. This fee would be assessed on insurance companies. It  is still being developed by the department with the support of a  consultant. The department will bring a plan forward to Council as soon  as possible to pursue implementation. (Ongoing revenue reduction: $0) (375,000)$              ‐$  Fire Department Revenue from the State of California/Strike Team Reimbursement 1,040,339$            1,040,339$             Human  Resources This cost neutral action recognizes additional revenues and  corresponding Overtime expenses associated with the deployment of  strike teams. To date, the Fire Department has deployed ten strike  teams through FY 2021. The Fire Department will return as part of the  FY 2021 Year‐End process if it deploys additional strike teams through  the remainder of the year. (Ongoing savings: $0) Administrative Expense Reduction This one‐time action recognizes non‐salary expense savings in FY 2021.  These savings are available due to reduced administrative operations,  training resources, and  contractor services. (Ongoing savings: $0) ‐$ (27,000)$                 ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Library  Department Various Grants Revenue and Expense Adjustments This expense neutral one‐time action increases grant revenues by  $39,634 for grants received from the Pacific Library Partnership (PLP)  and California Library Services Act (CLSA) in FY 2021 with corresponding  expense offsets specific to each grant. The grant funds will be used for  enhancing library services and learning opportunities, which includes  the following: Mitchell Park robot for Harvest at the Library ($5,000);  XR camera for immersive virtual library programming ($5,000);  Overdrive consortium dues ($9,634); and a "Read Together" program  kit of resources and materials to support diversity, inclusion, and youth  literacy  ($20,000). Grant funded projects are limited in scope to the  current fiscal year and any ongoing maintenance costs will be absorbed  by the Library's annual operating budget. Patrons will be informed of  the temporary nature of any subscription based services. (Ongoing net  expense: $0) 39,634$                 39,634$                  Non‐ Departmental Election Expense Savings This one‐time action recognizes $75,000 in expense savings from the  $225,000 originally budgeted for the November 2020 Election. These  savings are available due to Council direction in March 2020 (CMR  11161) to withdraw a local tax measure from the ballot in light of the  economic hardships of COVID‐19. (Ongoing savings: $0) ‐$ (75,000)$                 Non‐ Departmental Property Tax The FY 2021 Adopted Budget assumes $52.0 million in total property  tax and is expected to grow to $53.2 million by year‐end. The budget  includes $3.2 million in Excess ERAF. Although not in decline, during a  recession, property tax impact is delayed by a year. Based on trends  from the last two recessions, trends currently indicate a plateau rather  than an increase in receipts  1,173,000$            ‐$  Non‐ Departmental Sales Tax The FY 2021 Adopted Budget for sales tax revenue was based on a  conservative estimate and a variety of unknowns. Based on activity and  receipts for the recent quarter close, it is estimated that sales tax  revenue will exceed the FY 2021 Adopted Budget by $4.5 million, or  22.1 percent, and will generate a total of $25.0 million by year‐end of  FY 2021. This is compared to the $30.6 million received in FY 2020, and  $36.5 million received in FY 2019.   4,530,000$            ‐$  ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Non‐ Departmental Transient Occupancy Tax/Transfer to Capital Improvement Fund Receipts are expected to fall below FY 2021 Adopted Budget estimates  and represents a decrease of 67.6 percent, or $10.1 million, from $14.9  million to $4.8 million. This revenue decrease is partially offset by a  recommended $4.5 million reduction in the transfer to the General  Capital Improvement Fund in alignment with the City Council policy to  dedicate a portion of TOT receipts to infrastructure investments. (10,070,000)$        (4,466,000)$           Non‐ Departmental Documentary Transfer Tax A proposed $2.2 million revenue budget increase is recommended,  increasing budget from $4.7 million to $6.9 million, to account for  increased property sale activity through December 2020 and to  estimate moderate sale activity for the remainder for the year.  2,175,000$            ‐$  Non‐ Departmental Utility Users Tax This action reduces revenue based on year‐to‐date activity, which is  trending 14.1 percent below prior year second quarter levels.  (1,020,000)$           ‐$  Non‐ Departmental CARES Act  This action recognizes Palo Alto's portion of funding from the Federal  Government distributed to local jurisdictions as part of the Coronavirus  Aid, Relief, and Economic Security (CARES) Act.  854,743$               ‐$  Non‐ Departmental Cable Franchise Fee Revenue Cable franchise fees paid to the Cable Franchise Joint Powers Authority  (JPA) has been impacted by COVID‐19. This action represents the  reduction in Palo Alto's portion of the fee funds from $0.9M to $0.7M.  (Ongoing revenue reduction: $200,000) (200,000)$              ‐$  Office of  Transportation Travel, Training, and Membership Expense Reductions This action recognizes one‐time expense savings from the department's  travel, training, and membership budget. This will reduce the  department's capacity to travel for City business, limit attendance at  conferences and trainings, eliminate the Friends of Caltrain  membership, and reduce resources available for office work including  transcription services for meetings of the Palo Alto Transportation  Management Association (PATMA). (Ongoing savings: $0) ‐$ (43,554)$                 Office of  Transportation Contract Service Expense Reductions This action recognizes one‐time expense savings from the department's  contracts for transportation infrastructure maintenance and parking  consulting services. (Ongoing savings: $0) ‐$ (26,446)$                 ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Police (1,392,000)$           ‐$  Police (141,000)$              ‐$  Police Parking Enforcement Suspension This one‐time action reduces the revenue estimate for citations for the  temporary suspension of parking restrictions and enforcement in the  Palo Alto commercial districts at University and California Avenue. Due  to COVID‐19 health orders, the City is experiencing less parking in  business districts, and staff has been reassigned to other work that  impacts health and safety. Staff will bring forward budgetary  adjustments as appropriate to align citation revenues as health orders  rescind and commercial restrictions resume. (Ongoing net costs: $0) Penalties and Fines This ongoing action reduces the revenue estimate for penalties and  fines to align with state law changes that have affected crime  classifications and sentencing guidelines. Over the course of the past  few years, these changes have reduced the number of cases at the local  level that would otherwise have associated fines and penalties. This  action technically aligns revenue estimates with more recent trends  and is anticipated to be brought forward as an ongoing adjustment in  the FY 2022 Budget. (Ongoing net costs: $141,000) School Resource Officer (SRO) Reimbursement This action eliminates reimbursements from the Palo Alto Unified  School District (PAUSD) for School Resource Officers (SROs). In the prior  agreement, PAUSD reimbursed the City for half of the cost of 2.00 SROs  to provide Police Officer presence and enhance school safety efforts  (CMR 10059). This service has been discontinued in FY 2021. (Ongoing  net costs: $250,000) (250,000)$              ‐$  ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Planning &  Development  Services Cost Recovery Program: 3225 El Camino Real This net‐neutral action increases Development Services appropriations  for a private development project using full cost recovery contracts.  Under this program, the applicant pays upfront for contract services  related to their project and funding is held in a deposit account until  services are performed. (Ongoing net costs: $0) 96,250$                 96,250$                  Planning &  Development  Services Local Early Action Plan (LEAP) Grant This net‐neutral action increases appropriations for a reimbursable  grant from the California Department of Housing and Community  Development (HCD) for technical assistance, preparation and adoption  of planning documents, and process improvements to accelerate  housing production and facilitate compliance to implement regional  housing needs assessment. (Ongoing net costs: $0) 300,000$               300,000$                Planning &  Development  Services Salary Vacancy Savings Expense Reduction This action recognizes salary savings anticipated to be generated by  vacant administrative and planning positions in the Long Range and  Data Divisions through the end of FY 2021. The existing staff has  temporarily absorbed these workloads, and the department will  evaluate the need to recruit or adjust staffing levels as part of the FY  2022 Budget process. ‐$ (130,433)$               Public Works Street Sign Supplies and Materials This action recognizes $10,000 in savings for supplies and materials to  replace reflective sign material and poles. Similar work is currently  performed under capital project PO‐11000 so the consolidation of  these services should have little to no service delivery impact. (Ongoing  savings: $10,000) ‐$ (10,000)$                 Public Works Foothills Road Brush Clearing This action recognizes $54,800 in savings for an expired contract to  provide brush clearing services on Pagemill Road. In‐house staff will  take over this work, which may decrease capacity among the Streets  crew to perform other work such as road and sidewalk repairs. Long‐ term impact may affect projects in other areas, such as Utilities or  special initiatives if reduced capacity to complete work orders are  prolonged and a backlog of work orders accumulate. (Ongoing savings:  $54,800) ‐$ (54,800)$                 ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Public Works Streets and Facilities Maintenance Services This action recognizes $205,000 in projected vacancy savings for 0.20  Management Specialist‐H, 0.90 Facilities Technician, and 1.0 Traffic  Controller I/II, which were each vacated this year. As part of the FY  2022 balancing strategy, these positions were recommended to be  defunded and frozen beginning in FY 2022 ongoing. This reduction is in  addition to 4.48 FTE in positions that were defunded and frozen in the  Public Works Department as part of the FY 2021 Adopted Budget. The  Management Specialist position change will result in little to no impact  due to the limited term nature of the assignment. The Facilities  Technician and Traffic Controller position changes will result in impacts  primarily associated with facilities and streets maintenance work  functions. Anticipated service delivery impact in those work functions  are delays in work orders and an accumulation of backlog, which will  reduce capacity to cover unanticipated events and preventative work.  (Ongoing Savings: $298,000) ‐$ (204,822)$               TECHNICAL ADJUSTMENTS Non‐ Departmental Equity Transfer to the General Fund This action decreases revenues from the Electric and Gas Equity  Transfer to the General Fund by $108,000 to true‐up of transfers in  alignment with net assets reported in the FY 2020 Comprehensive  Annual Financial Report (CAFR) as of June 30, 2020. During the  development of the FY 2021 budget, the net assets were not yet  available and estimates were applied. This alignment will increase  transfers from the Electric Fund by $159,000 and decrease transfers  from the Gas Fund by $267,000 for a net decrease of $108,000.  (108,000)$              ‐$  ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Non‐ Departmental Street Lights and Traffic Signals Transfer from the General Fund This action is a technical correction to adjust the General Fund transfer  to Electric Fund by $62,844 from $2,144,844 to $2,082,000 for FY 2021.  The base transfer covers the General Fund's portion of Street Light and  Traffic Signal (SL/TS) base electric costs, which are set when Electric  rates are updated. Rates were last updated in FY 2020, when Council  adopted an 8% rate increase for Electric utilities and the General Fund's  base transfer amount was set to $2,082,000 (rounded). In FY 2021, the  adopted base transfer amount was $2,144,844, which reflects a rate  increase of 4%. This rate increase was the FY 2021 rate change  forecasted in the FY 2020 Financial Plan. However, since Council  adopted a 0% rate adjustment for FY 2021, the FY 2021 transfer  amount should have remained the same as FY 2020, at $2,082,000 until  the next rate adjustment. ‐$ (62,844)$                 Non‐ Departmental FY 2021 Staffing Transition / Use of Reserves This action reduces the reserve for staffing transition costs in order to  fund actions described below in this report. ‐$ (210,000)$               Non‐ Departmental Economically Sensitive Department Revenue Reserve As part of the FY 2021 Adopted Budget, a $5.0M reserve was  established to mitigate reductions in economically sensitive revenue  particularly from services impacted by COVID‐19. This action uses  $3.5M of this reserve to offset revenue losses mainly from the  Community Services, Fire, and Police Departments. 3,538,879$            ‐$  Various   Travel and Meetings Expense Reduction This one‐time action eliminates all available remaining funding for  travel and meetings across the General Fund. (Ongoing savings: $0) ‐$ (289,196)$               Various   Management Development Expense This one‐time action eliminates current year funding for management  development across the General Fund. A total of $289,000 that was  reappropriated from FY 2020 to FY 2021 remains for this  purpose.(Ongoing savings: $0) ‐$ (125,072)$               ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment GENERAL FUND CITY OF PALO ALTO Various   FY 2021 Staffing Transition Expenses / Use of Reserves This action recognizes the use of reserves for costs associated with  position reductions (freezes). A total of $1.1 million was set aside in a  reserve in FY 2021 to offset position related costs that staff could not  implement immediately. This action increases salary and benefit  expenses for employees in impacted positions during a 30 day noticing  period in July 2020: Human Resources Department ($10,000),  Community Services Department ($90,000), Library Department  ($60,000), and Police Department ($50,000). These costs exclude safety  personnel; concessions in these groups offset an extended attrition  period. A corresponding action is included in this report to reduce the  reserve from $1.1 million to $845,000. ‐$ 210,000$                GENERAL FUND (102 & 103) SUBTOTAL $          (5,575,911) $          (5,575,911) PUBLIC SERVICES DONATION FUND (191) Police ‐$ 55,000$                  Non‐ Departmental Transfer to Vehicle Replacement Fund This action increases the transfer to the Vehicle Replacement Fund for  one‐time replacement costs of an Animal Control Officer (ACO) vehicle.  The ACO vehicle requires early replacement in FY 2021 due to higher  than anticipated mileage. The Vehicle Fund has accumulated $25,000  of the expected $80,000 to replace the vehicle; this action resolves the  difference using animal service donations. Adjustment to Fund Balance This action adjusts the fund balance to offset adjustments  recommended in this report. ‐$ (55,000)$                 PUBLIC SERVICES DONATION FUND (191) SUBTOTAL ‐$ ‐$  ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment CAPITAL IMPROVEMENT FUNDS CAPITAL IMPROVEMENT FUND (471) Capital Capital Improvement Project Adjustments This action reflects the combined impact from adjustments to projects as  outlined in Attachment A, Exhibit 2. (808,506)$         (981,687)$          Capital Transfer from the General Fund This action reduces the transfer from the General Fund to the Capital  Improvment Fund from $6.6M to $2.1M due to the reduction in estimated  Transient Occupancy Tax (TOT) revenue in alignment with the City Council  policy to dedicate a portion of TOT receipts to infrastructure investments. (4,466,000)$      ‐$  Fund Balance Adjustment to Fund Balance (Infrastructure Reserve) This action decreases the fund balance to offset adjustments  recommended in this report. ‐$ (4,292,819)$       CAPITAL IMPROVEMENT FUND (471) SUBTOTAL (5,274,506)$     (5,274,506)$      CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment ENTERPRISE FUNDS ELECTRIC FUND (513 & 523) Utilities Expense and Revenue Adjustments This action increases revenues and expenses in FY 2021 to align funding in  the Low Carbon Fuel Standards (LCFS) program with current projections  and reallocate portions of FTE from two utilities positions working on the  LCFS program into the LCFS cost center. In order to comply with the  requirements of this program, a new cost center and LCFS reserve was  established to distinguish LCFS program revenue and expenses from other  demand‐side management (DSM) program activities which are geared  towards planning, implementing, and monitoring activities of electric  utilities designed to encourage consumers to modify their level and  pattern of electricity usage.  1,760,000$       1,745,404$        Utilities Street Lights and Traffic Signals Transfer from the General Fund This action is a technical correction to adjust the General Fund transfer to  Electric Fund by $62,844 from $2,144,844 to $2,082,000 for FY 2021. The  base transfer covers the General Fund's portion of Street Light and Traffic  Signal (SL/TS) base electric costs, which are set when Electric rates are  updated. Rates were last updated in FY 2020, when Council adopted an  8% rate increase for Electric utilities and the General Fund's base transfer  amount was set to $2,082,000 (rounded). In FY 2021, the adopted base  transfer amount was $2,144,844, which reflects a rate increase of 4%. This  rate increase was the FY 2021 rate change forecasted in the FY 2020  Financial Plan. However, since Council adopted a 0% rate adjustment for  FY 2021, the FY 2021 transfer amount should have remained the same as  FY 2020, at $2,082,000 until the next rate adjustment. (62,844)$           ‐$  Utilities Equity Transfer to the General Fund This action increases expenses from the Electric Fund Equity Transfer to  the General Fund by $159,000 to true‐up of transfers in alignment with  net assets reported in the FY 2020 Comprehensive Annual Financial Report  (CAFR) as of June 30, 2020. During the development of the FY 2021  budget, the net assets were not yet available and estimates were applied.  This alignment will increase transfers from the Electric Fund by $159,000  and decrease transfers from the Gas Fund by $267,000 for a net decrease  of $108,000.  ‐$ 159,000$           CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment ENTERPRISE FUNDS CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET Fund Balance Adjustment to Fund Balance This action decreases the fund balance to offset adjustments  recommended in this report. ‐$ (207,248)$          ELECTRIC FUND (513 & 523) SUBTOTAL 1,697,156$       1,697,156$        FIBER OPTICS FUND (533) Utilities Fiber To The Home (FTTH) Funding for the Community & Economic  Recovery Workplan This action appropriates funds for the acceleration of Fiber to the Home  (FTTH) as part of the recommendations brought forward to Council on Jan  19, 2021 (CMR 11877) to appropriate funding for specific projects to  mitigate the spread of COVID‐19 to the greatest extent possible. ‐$ 200,000$           ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment ENTERPRISE FUNDS CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET Fund Balance Adjustment to Fund Balance This action decreases the fund balance to offset adjustments  recommended in this report. ‐$ (200,000)$          FIBER OPTICS FUND (533) SUBTOTAL ‐$ ‐$  GAS FUND (514 & 524) Utilities Low Carbon Fuel Standards Program Adjustments This action recognizes $20,000 in salary expense decreases for the Gas  fund as a result of reallocating 0.25 FTE from Gas to Electric as part of the  funding alignment for the Low Carbon Fuel Standards (LCFS) program. In  order to comply with the requirements of this program, a new cost center  and LCFS reserve was established to distinguish LCFS program revenue and  expenses from other demand‐side management (DSM) program activities  which are geared towards planning, implementing, and monitoring  activities of electric utilities designed to encourage consumers to modify  their level and pattern of electricity usage.  ‐$ (20,015)$            Utilities Equity Transfer to the General Fund This action decreases expenses from the Gas Fund Equity Transfer to the  General Fund by $267,000 to true‐up of transfers in alignment with net  assets reported in the FY 2020 Comprehensive Annual Financial Report  (CAFR) as of June 30, 2020. During the development of the FY 2021  budget, the net assets were not yet available and estimates were applied.  This alignment will increase transfers from the Electric Fund by $159,000  and decrease transfers from the Gas Fund by $267,000 for a net decrease  of $108,000.  ‐$ (267,000)$          Fund Balance Adjustment to Fund Balance This action increases the fund balance to offset adjustments  recommended in this report. ‐$ 287,015$           GAS FUND (514 & 524) SUBTOTAL ‐$ ‐$  ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment ENTERPRISE FUNDS CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET UTILITIES ADMINISTRATION FUND (521) Utilities City Auditor Services Alignment  This action reallocates existing funds and adds additional funding for year  one of the new Internal City Auditor contract with Baker Tilly US LLP, in  accordance with CMR 11624. 25% of the cost of the City Auditor contract  is allocated to the Utilities Administration Fund and the other 75% to the  General Fund. In subsequent years, it is expected that the contract  services authorized will be funded similarly to the current audit services,  75% in the General Fund and 25% in the Utilities Enterprise Funds for a  total not to exceed $750,000 annually. Additional entry in General Fund to  align all audit functions across the City.  ‐$ 30,305$             Fund Balance Adjustment to Fund Balance This action decreases the fund balance to offset adjustments  recommended in this report. ‐$ (30,305)$            UTILITIES ADMINISTRATION FUND (521) SUBTOTAL ‐$ ‐$  ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment INTERNAL SERVICE FUNDS GENERAL BENEFITS FUND (687) Non‐ Departmental Charges to Other Funds / Healthcare and Pension Expense This net‐neutral action decreases the estimate for charges to other funds by $3.2  million due to staffing freezes approved as part of the FY 2021 Adopted Budget.  In total, the City froze nearly $16.0 million in salaries and benefits in FY 2021. Of  this amount, approximately $3.2 million is attributable to pension and  healthcare costs. The General Benefits Fund acts as a pass‐through for pension  and healthcare costs; therefore, this action reduces expenditures by a  corresponding amount.  (3,209,116)$        (3,209,116)$         GENERAL BENEFITS FUND (687) SUBTOTAL (3,209,116)$        (3,209,116)$         GENERAL LIABILITIES INSURANCE FUND (689) Non‐ Departmental Umbrella Excess Liability Insurance Expense  This action increases the estimate for umbrella excess liability insurance to align  with higher than anticipated premium costs, from $2.04 million to $2.09 million. ‐$ 51,600$                Fund Balance Adjustment to Fund Balance This action adjusts the fund balance to offset adjustments recommended in this  report. ‐$ (51,600)$              GENERAL LIABILITIES INSURANCE FUND (689) SUBTOTAL ‐$ ‐$  CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment INTERNAL SERVICE FUNDS CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET INFORMATION TECHNOLOGY FUND (682) Information  Technology ‐$ 40,000$                Fund Balance Funding Request for Virtual Interview Platform This ongoing action adds $40,000 in expense funding to support a subscription  to the on‐demand virtual interview program, Hirevue. In FY 2020, the Human  Resources Department was provided one‐time funding to pilot prescreening  technology to enhance candidate screening cycles along with a goal to reduce  bias in the interview process, which lead to the contract with Hirevue to provide  on‐demand screening through recorded interview process. This contract was  established in March 2020, just as a Shelter in Place (SIP) orders were enacted.  The recruitment team has successfully completed many interview processes  through Hirevue and believe that a recorded online interview process to be the  new normal process to screen candidates. Due to financial pressures,  recruitments are being fully vetted through an internal Hiring Committee and  while the numbers of active recruitments are reduced compared to pre‐COVID‐ 19 numbers, the City continues to remotely recruit for positions that provide  critical services to the community. (Ongoing cost: $40,000) Adjustment to Fund Balance This action decreases the fund balance to offset adjustments recommended in  this report. ‐$ (40,000)$              INFORMATION TECHNOLOGY FUND (682) SUBTOTAL ‐$ ‐$  ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment INTERNAL SERVICE FUNDS CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET VEHICLE REPLACEMENT AND MAINTENANCE FUND (681) Public Works ‐$ (100,000)$            Police 55,000$               55,000$                Fund Balance Expense Action This action recognizes $100,000 in expense savings for vehicle fuel purchase  expenses. This action will align fuel costs more closely with how extra taxes are  accounted, and with reduced fuel consumption related to aging fleet being  replaced with newer, more fuel‐efficient vehicles/equipment. This alignment will  have little to no service delivery impact. (Ongoing savings: $100,000) Transfer from Public Service Donation Fund / Vehicle Expense This action increases the transfer from the Public Service Donation Fund for one‐ time replacement costs of an Animal Control Officer (ACO) vehicle. The ACO  vehicle requires early replacement in FY 2021 due to higher than anticipated  mileage. The Vehicle Fund has accumulated $25,000 of the expected $80,000 to  replace the vehicle; this action resolves the difference using animal service  donations. Adjustment to Fund Balance This action increases the fund balance to offset adjustments recommended in  this report. ‐$ 100,000$              VEHICLE REPLACEMENT AND MAINTENANCE FUND (681) SUBTOTAL 55,000$               55,000$                ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment SPECIAL REVENUE FUNDS CALIFORNIA AVENUE FUND (237) Office of  Transportation California Avenue Parking Fund Revenue Adjustments This action recognizes decreased revenue in the California Avenue Parking  Fund. Revenue in fund 237 is comprised predominantly of 1‐day and  annual parking permits. Both revenue categories are tracking significantly  below budgeted targets due to the suspension of parking enforcement  and extension of annual parking permit expiration dates, both part of the  City's response to the community and economic impacts of COVID‐19.  Parking enforcement is proposed to resume and annual permits are  proposed to expire in Spring 2021; with these actions, the most significant  driver of revenue in the fund, annual parking permits, is expected to  return to normal levels of demand. 1‐day permit revenues are expected to  recover upon reinstatement of enforcement to average budgeted levels,  therefore this action decreases revenue in this area representing the  losses incurred while enforcement was paused. The California Avenue  fund is projected to remain solvent based on the Q4 FY 2021 resumption  of enforcement and permit sales. (Ongoing impact: $0) (231,491)$          ‐$  Fund Balance Adjustment to Fund Balance This action adjusts the fund balance to offset actions recommended in this  report. ‐$ (231,491)$          CALIFORNIA AVENUE FUND (237) SUBTOTAL (231,491)$         (231,491)$          CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment SPECIAL REVENUE FUNDS CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUND (232) Planning &  Development  Services FY 2021 CDBG Allocation This net‐neutral action aligns the FY 2021 CDBG allocation with revised  estimates from the Department of Housing and Urban Development  (HUD). This adjustment reflects a minor formula correction by HUD and is  not anticipated to impact any of the planned programs.  (113)$                 (113)$                  COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) FUND (232) SUBTOTAL (113)$                 (113)$                  GENERAL GOVERNMENT FACILITY IMPACT FEE FUND (226) Non‐ departmental Transfer from Impact Fee Funds to the Capital Improvement Fund This action provides a one‐time transfer of $574,118 from the General  Government Facility impact fee fund to the Capital Improvement Fund for  $356,956 to the Civic Center Fire Life Safety Upgrades project (PE‐18016)  and $217,162 for the JMZ Renovation project (AC‐18001) recommended  to Council on Jan 25, 2021 as part of the Annual Status Report on  Development Impact Fees for FY 2020 and adoption of a resolution  making statutory findings for certain funds (CMR 11875). Please see  Attachment A, Exhibit 2 for related offseting transactions. ‐$ 574,118$           Fund Balance Adjustment to Fund Balance This action decreases the fund balance to offset adjustments  recommended in this report. ‐$ (574,118)$          GENERAL GOVERNMENT FACILITY IMPACT FEE FUND (226) SUBTOTAL ‐$ ‐$  ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment SPECIAL REVENUE FUNDS CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET LIBRARY IMPACT FEE FUND (212) Library Transfer from Impact Fee Funds to the Capital Improvement Fund This action provides a one‐time transfer of $220,000 from the Library  impact fee fund to the Capital Improvement Fund for the Library  Automated Material Handling Project (LB‐21000) to increase capacity for  contactless library materials processing. Please see Attachment A, Exhibit  2 for related offseting transactions. ‐$ 220,000$           Fund Balance Adjustment to Fund Balance This action decreases the fund balance to offset adjustments  recommended in this report. ‐$ (220,000)$          LIBRARY IMPACT FEE FUND (212) SUBTOTAL ‐$ ‐$  PUBLIC SAFETY FACILITY IMPACT FEE FUND (225) Non‐ departmental Transfer from Impact Fee Funds to the Capital Improvement Fund This action provides a one‐time transfer of $455,912 from the Public  Safety Facility impact fee fund to the Capital Improvement Fund for the  New Public Safety Building Project (PE‐15001) recommended to Council  on Jan 25, 2021 as part of the Annual Status Report on Development  Impact Fees for FY 2020 and adoption of a resolution making statutory  findings for certain funds (CMR 11875). Please see Attachment A, Exhibit 2  for related offseting transactions. ‐$ 105,912$           Fund Balance Adjustment to Fund Balance This action decreases the fund balance to offset adjustments  recommended in this report. ‐$ (105,912)$          PUBLIC SAFETY FACILITY IMPACT FEE FUND (225) SUBTOTAL ‐$ ‐$  ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment SPECIAL REVENUE FUNDS CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET RESIDENTIAL PREFERENTIAL PARKING AVENUE FUND (239) Office of  Transportation Residential Preferential Parking (RPP) Fund Revenue Adjustments This action recognizes decreased revenue in the RPP Fund. Revenue in  fund 239 is comprised predominantly of 1‐day parking permits, annual  parking permits, and parking citation fees. All revenue categories are  tracking significantly below budgeted targets due to the suspension of  parking enforcement and extension of annual parking permit expiration  dates, both part of the City's response to the community and economic  impacts of COVID‐19. Parking enforcement is proposed to resume and  annual permits are proposed to expire in Spring 2021; with these actions,  the most significant driver of revenue in the fund, annual parking permits,  is expected to return to normal levels of demand. 1‐day permit and  citation revenues are expected to recover upon reinstatement of  enforcement to average budgeted levels, therefore this action decreases  revenue in these areas representing the losses incurred while  enforcement was paused. The RPP fund is projected to remain solvent  based on the Q4 FY 2021 resumption of enforcement and permit sales.  (Ongoing impact: $0) (218,986)$          ‐$  Fund Balance Adjustment to Fund Balance This action adjusts the fund balance to offset actions recommended in this  report. ‐$ (218,986)$          RESIDENTIAL PREFERENTIAL PARKING AVENUE FUND (239) SUBTOTAL (218,986)$         (218,986)$          ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment SPECIAL REVENUE FUNDS CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET STANFORD UNIVERSITY MEDICAL CENTER FUND (260) Non‐ departmental Transfers from the Stanford University Medical Center development  funds for the Community & Economic Recovery Workplan This action recognizes a one‐time transfer of $650,000 from the Stanford  University Medical Center to the Capital Improvements Fund as part of the  recommendations brought forward to Council on Jan 19, 2021 (CMR  11877) to appropriate funding for specific projects to mitigate the spread  of COVID‐19 to the greatest extent possible. Please see Attachment A,  Exhibit 2 for related offseting transactions. ‐$ 650,000$           Fund Balance Adjustment to Fund Balance This action adjusts the fund balance to offset actions recommended in this  report. ‐$ (650,000)$          STANFORD UNIVERSITY MEDICAL CENTER FUND (260) SUBTOTAL ‐$ ‐$  ATTACHMENT A, EXHIBIT 1 Revenues Expenses Department Adjustment Adjustment SPECIAL REVENUE FUNDS CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET UNIVERSITY AVENUE FUND (236) Office of  Transportation University Avenue Parking Fund Revenue Adjustments This action recognizes decreased revenue in the University Avenue Parking  Fund. Revenue in fund 236 is comprised predominantly of 1‐day and  annual parking permits. Both revenue categories are tracking significantly  below budgeted targets due to the suspension of parking enforcement  and extension of annual parking permit expiration dates, both part of the  City's response to the community and economic impacts of COVID‐19.  Parking enforcement is proposed to resume and annual permits are  proposed to expire in Spring 2021; with these actions, the most significant  driver of revenue in the fund, annual parking permits, is expected to  return to normal levels of demand. 1‐day permit revenues are expected to  recover upon reinstatement of enforcement to average budgeted levels,  therefore this action decreases revenue in this area representing the  losses incurred while enforcement was paused. (Ongoing impact: $0) (756,230)$         ‐$  Office of  Transportation Transportation Management Association (TMA) Contract Funding  Alignment This action recognizes one‐time expense savings of $103,000 from the FY  2021 contract with the TMA. Council approved TMA funding of $453,000  for FY 2021 in accordance with the funding request from TMA reviewed in  budget hearings on May 26, 2020. Subsequently, TMA further decreased  their funding request and the final contract was approved for $350,000.  (Ongoing savings: $0) ‐$ (103,000)$          Fund Balance Adjustment to Fund Balance This action adjusts the fund balance to offset actions recommended in this  report. ‐$ (653,230)$          UNIVERSITY AVENUE FUND (236) SUBTOTAL (756,230)$         (756,230)$          ATTACHMENT A, EXHIBIT 1 Department Adjustment Adjustment DEBT SERVICE FUNDS LIBRARY GO BONDS (370) Non‐ Departmental ‐$ (219,000)$          Non‐ Departmental Library GO Bond Debt Service This technical adjustment corrects the annual debt service expense for  the Library General Obligation Bonds to align with the bond's debt  service schedule.  Adjustment to Fund Balance This action increases the fund balance to offset adjustments  recommended in this report. ‐$ 219,000$           LIBRARY GO BONDS (370) SUBTOTAL ‐$ ‐$  CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET Revenues Expenses ATTACHMENT A, EXHIBIT 1 Department Adjustment Adjustment AGENCY TRUST FUNDS CABLE FRANCHISE FEE FUND (779) Non‐ Departmental Franchise Fee Revenue/Fee Distribution to JPA Members This action reduces cable franchise fee revenue paid to the Cable  Franchise Joint Powers Authority (JPA) by cable providers from $1.9M to  $1.6M due to impacts from COVID‐19. The funding distribution to  various JPA member jurisdictions is also reduced by $0.3M of which  $0.2M goes to Palo Alto's General Fund. (300,000)$         (300,000)$          CABLE FRANCHISE FEE FUND (779) SUBTOTAL (300,000)$         (300,000)$          CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 BUDGET Revenues Expenses ATTACHMENT A, EXHIBIT 2 Project Title Number Revenues Expenses Comments New Public Safety  Building PE‐15001  $          105,912   $          105,912 Recommendations in the Annual Status  Development Impact Fees FY 2020 report (CMR  11875) University Avenue  Streetscape Updated PE‐21004  $          150,000   $          150,000 Recommendations for the Community & Economic  Recovery Workplan (CMR 11877) JMZ Renovation AC‐18001  $          217,162   $          217,162 Recommendations in the Annual Status  Development Impact Fees FY 2020 report (CMR  11875) Library Automated  Material Handling LB‐21000  $          220,000   $          220,000 Funding to purchase library hold lockers and  lending kiosks using Library Impact Fees Charleston  Arastradero Corridor PE‐13001  $        (358,536) $        (358,536) Anticipated revenue from grants and subsequent  expense alignment. Civic Center Fire Life  Safety Upgrades PE‐18016  $          356,956   $          356,956 Recommendations in the Annual Status  Development Impact Fees FY 2020 report (CMR  11875) Building Systems  Improvements PF‐01003  $          500,000   $          500,000 Recommendations for the Community & Economic  Recovery Workplan (CMR 11877) Safe Routes to School PL‐00026  $‐  $          671,000 Recommendations in the VERBS Grant Project and  Community Engagement Plan (CMR 11757) El Camino Real  Pedestrian Safety and  Streetscape Project PL‐18000  $     (2,000,000) $     (2,844,181) Recommendations in the VERBS Grant Project and  Community Engagement Plan (CMR 11757)  $        (808,506) $        (981,687)                ELECTRIC FUND SCADA System  Upgrades EL‐02010  $‐  $            50,000 Internal labor required to install peripheral  hardware. Caltrain  Modernization EL‐17007  $‐  $          (50,000) Project anticipated to complete with some expense  savings. TOTAL ELECTRIC FUND PROJECT  $‐  $‐  ADJUSTMENTS CITY OF PALO ALTO RECOMMENDED AMENDMENTS TO THE CITY MANAGER'S FY 2021 CAPITAL IMPROVEMENT PROGRAM CAPITAL IMPROVEMENT FUND  TOTAL CAPITAL IMPROVEMENT  FUND PROJECT ADJUSTMENTS ATTACHMENT B Attachment B - 1 Review and Authorize the Creation of a Rent Forgiveness Program for City Tenants Recommendation Staff recommends the City Council approve the creation of a rent forgiveness program to qualified City tenants and authorize the City Manager to execute amendments to all leases in accordance with the City Council established program. Options for the structure of a rent forgiveness program for City Council Consideration: • Option A – Rent Forgiveness for All Active Tenants • Option B – Rent Forgiveness for Active and Non-Operational Tenants • Option C – Rent Forgiveness for Active Non-Profit Tenants • Option D – No Rent Forgiveness Executive Summary At the October 19, 2020 City Council meeting, staff recommended that the City Council discuss Palo Alto’s current fiscal status and provide direction to staff on potential budget actions, including on rental relief for City non -profit and for-profit tenants. City Council requested staff bring back options to provide rental relief for a defined period of time for the City’s tenants. This staff report provides a time bounded rent forgiveness program to City tenants with various criteria to meet qualifications. Staff recommends Council approve the following qualifications for tenants to participant in this program: 1. The rent forgiveness program is available to those tenants that have satisfied all responsibilities under their existing agreement, have no outstanding delinquencies for any payments due prior to April 1, 2020, and is a current tenant as the date of the application. 2. Tenant must cite section(s) of the County ordinance that restricted tenant’s operations. 3. Rent over $100 per month including operatin g expenses. 4. Tenants will be required to complete a form describing their impact from the COVID-19 pandemic and provide financial statements demonstrating the amount of reduced business revenue. 5. The business must have had gross revenues of less than $2.5 million in 2019. 6. The business must provide an income statement demonstrating a decline in gross revenue during 1st half of 2020 of at least 50% from 1st half of 2019. 7. If a qualified tenant paid rent during the forgiveness period instead of deferring, it m ay qualify for rent credits to be used for rent owed in the following three months after the parties agree to an amendment. 8. Tenants that meet all qualifications will be required to enter into an amendment, subject to City Manager approval. ATTACHMENT B Attachment B - 2 Background The City rents some of its real property throughout the city to multiple tenants conducting a variety of business. In total, the agreements provide approximately $278,000 per month in projected revenue to the City including Airport tenants, as of Fiscal Year End 2019 – 2020. On March 16, 2020, Santa Clara County Public Health issued a shelter in place order effective the following day to keep the community safe from the spread of COVID-19. This limited activity, travel, and business functions to only the most essential needs. Many of the City’s tenants did not operate during the shelter in place order, resulting in multiple requests made for rental relief. The City responded by providing rent deferral to its Cubberley and Airport tenants. A total of 20 tenants requested for rent relief and over $250,000 in rent that was due in the fourth quarter of Fiscal Year 2019 – 2020 was deferred. Some of the City’s tenants did not apply or did not qualify because they were leasing at other City properties. As a result, th ere is approximately $149,000 in delinquencies from rent owed in fourth quarter of Fiscal Year 2019 – 2020. In the summer, the City established a Small Business Recovery Grant Program from its General Fund that provided up to $10,000 each to 50 local businesses. Separately, the County of Santa Clara adopted a commercial tenant eviction moratorium, which is currently scheduled to expire on March 31, 2021. Under the moratorium, small business tenants have up to six months after the moratorium expires or terminates to repay at least 50% of the past-due rent, and up to 12 months after the moratorium expires or terminates to repay in full the past -due rent. Other government programs also provided support through the Paycheck Protection Program, Economic Injury Disaster Loan, and deferral of property and income tax payments. Discussion Despite the various support available to City tenants, the lingering effects of COVID-19 continue, with some tenants still expressing difficulty in paying rent and requesting for rent forgiveness. To provide additional support to City tenants that continue to struggle with paying rent, and with consideration for the City’s $39 million budget shortfall forecast in the current fiscal year, staff is proposing to offer to certain tenants rent forgiveness for amounts due in the months of April, May, and June 2020. If a qualified tenant paid rent during the forgiveness period instead of deferring, it may qualify for rent credits to be used for rent owed in the following three months after the parties agree to an amendment. Staff suggests making the rent forgive ness program available to those tenants that have satisfied all responsibilities under their existing agreement and have no outstanding delinquencies for any payments due prior to April 1, 2020. Additionally, rent forgiveness should only be made available to tenants whose operations at the premises were restricted by the County ordinance. The program qualifications for Council’s consideration includes options ranging for $0 and up to $875,000 and possibly assist up to 67 tenants (Attachment A – List of City’s Current Tenants). The rent forgiveness considers nonprofit organizations, small businesses, and tenants experiencing a loss of revenue at a certain level attributed to the COVID-19 pandemic. To determine which ATTACHMENT B Attachment B - 3 tenants qualify and are most in need of rent forgiveness, tenants will be required to complete a form describing their impact from the COVID-19 pandemic and provide financial statements demonstrating the amount of reduced business revenue. Those tenants that meet all qualifications will be required to enter into an amendment, subject to City Manager approval. The City Manager requests City Council delegation to determine final eligibility and authority to execute amendments with tenants who elect to participate in the forgiveness program. Here is a list of options for City Council’s consideration: Rent Forgiveness Options to Consider Estimated Impact Cost Estimated Impacted Stakeholders Time Covered Option A – Rent Forgiveness for All Active Tenants $875,000 67 tenants – (For-profits, Non-profits, Small Businesses, Large Businesses) 3 months Option B – Rent Forgiveness for Active and Non-Operational Tenants $751,000 58 tenants – (For-profits, Non-profits, Small Businesses) 3 months Option C – Rent Forgiveness for Active and Non-Operational Non- Profit Tenants $203,000 19 tenants – (Non-Profits) 3 months Option D – No Rent Forgiveness $0 N/A N/A • Option A – would give rent forgiveness for all our current tenants for three (3) months. • Option B – would give rent forgiveness for all active and non-operational tenants for three (3) months. The Shelter-in-Place mandate impacted business operations for most of our tenants which prompted the City to offer rent deferral. • Option C – would give rent forgiveness for all active non-profits for three (3) months. The option would focus our effort in helping our most impacted business given the essential service they provide to the Palo Alto community. • Option D – would not provide rent forgiveness to our tenants. The County’s eviction moratorium has been continued multiple times throughout 2020 and we are unsure when it will expire. If staff is given more time to and gain clarity on when business reopens, we would be able to provide a better approach to the situation. With the vaccine becoming available, staff would foresee late Summer or Fall as an ideal time to revisit the rent forgiveness program. Staff may come back to Council at a later date to discuss scenarios related to large rent amounts becoming overdue. For example, the City has commercial tenants who currently owe multiple ATTACHMENT B Attachment B - 4 months in delinquent rent and are requesting substantial discounts. In one example, a commercial tenant is seeking to reduce rent more than 90% from its current rent of over $40,000 due to substantial loss in revenue. Timeline Staff will notify qualified tenants about the rent forgiveness program requirements and provide forms after Council approval. Resource Impact As of Fiscal Year End 2019 – 2020, the City’s real property assets were projected to generate approximately $278,000 per month in revenue through various agreements with tenants including Airport tenants. The ultimate fiscal impact to the City’s budget would depend on the amount of tenants that apply and are q ualified in any program approved by the City Council. As outlined above, staff would recommend use of the City Council’s COVID-19 Reserve or Budget Stabilization Reserve for financial impacts of this potential program. Policy Implications Policy and Procedures 1-11 provides guidance on leased use of city land/facilities. “The purpose of this policy is to ensure that decisions regarding use of City real property are made in the best interest of the citizens and taxpayers of Palo Alto….Tenant shall be required to provide the City with adequate compensation for the rights granted by the City to the tenant. Determination of appropriate consideration shall begin with the estimated fair market rental value of the lease premises for the use proposed.” While the rent forgiveness program will impact the City’s budget, it is believed to be necessary to assist vital community businesses through an unprecedent pandemic. The granting of rent forgiveness may result in inadequate compensation, but Policy and Procedures 1-11 gives consideration to tenants that provide clearly articulated actual non - monetary benefits to a significant portion of the citizens and taxpayers of the city. Stakeholder Engagement Staff has received a number of requests for rent forgiveness from tenant occupying various City real property. There are some private and public landlords that reportedly have provided limited rent forgiveness. Staff researched neighboring cities including Mountain View, Menlo Park, and Los Altos regarding a rent abatement program. Staff discovered these neighboring cities did not have a rent abatement program but did reference County’s eviction moratorium. Santa Clara County approved a Small Business Loan Program in December 2020. The loan program is expected to provide up to $100,000 per small business and as much as $100 million dollars in total loans. Staff was able to find one example of public rent abatement with the Port of San Francisco. The Port of San Francisco Rent Forgiveness Program focused on eligible tenants that included percentage rent tenants with base or minimum rent obligations, certain categories of maritime tenants, and local business enterprise tenants. The program cost was estimated at $13.45 million which included an estimated 196 eligible tenants. The Simon Property Group is an example of private sector granted rent deferral and abatement to thousands of local and regional small businesses ATTACHMENT B Attachment B - 5 and restaurants entrepreneurs for the period they were closed. The San Mateo County Board of Supervisors has dedicated $2 million to establish a grant program for small -scale residential rental property owners in the County who have been impacted by the COVID -19 pandemic. Staff has received multiple phone calls and emails from City tenants requesting additional rent relief as the pandemic continues. City tenants have expressed their inability to operate their business due to the County’s restrictions. While some City tenants are back in operation, their business has struggled to maintain pre-COVID clientele. This unfortunately has closed the doors for some businesses. Staff has been unable to further assist some tenants beyond citing the rent deferral of April, May, and June. Environmental Review The project is categorically exempt from the requirements of the California Environmental Quality Act (CEQA) pursuant to Section 15301 (Existing Facilities) of the CEQA guidelines. ATTACHMENT B Attachment B - 6 Exhibit A List of City’s Active Tenants ATTACHMENT B Attachment B - 7 Exhibit A List of City’s Active Tenants ATTACHMENT B Attachment B - 8 Exhibit B County’s Notice to Small Business Tenant Concerning Repayment of Your Rent