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HomeMy WebLinkAbout0160.091February 21, 1991 HONORASLE CIT1 COUNCIL Palo Alto l CalifQrnia Attention: Finance and Public Works Committee "I"P' PllOdfCIM Smou.RY {CAPITAL !K_PRQVEKEIlT ~~_9GPAN lIIIAHC:I» STATUS REPORT Members of the Council: The following mi.d.year financial status report details revenue, expense, and reserve level changes from the ~ldget for the General and Enterprise Funds for fisc~l year 1990-91. Also attached are a Selected Capital Projects Status spreadsheet, eight Municipal Fee Schedule changes and a Budget Amendment Ordinance for Council approval summariZing changes ~ecommended in this report. oeberal rynd suamary When Council adopted the FY 1990-91 budget in June, a slight operating deficit of $302,000 was projected, :rlainly because the General Fund -forgave-rent from the Water Fund. Now, staft has re-estimated. revenues and expenditures in light of the recession and year-to-date actuals. The result is a lower revenue forecast, partly offset by a one-time "credit-from the Public Employees Retirement System (PERS) due to an actua~iel re-valuation~ Therefore., staff no .... expects the Reserve for Capital Projects (CIP Reserve) to be reduced by $2.4 million by year-end, ~hich is $2.1 .illion more of a reduction than the estimate in the adopte.d budqet. However, $500,000 of the deficit represents money advanced to fund the Alma/Meadow intersection project (discussed in the CMR: 160: 91 ·Capital Illpr-ovement F'und'll section of this report). which 'Will be repaid by 9i!lS ti51X monies in 1991-92; and !$1. 3 p..illion or the d~ficit represents money ~dvanced to the Storm Drainage Fund which will be r-epaid by a subsequent bond issue~ The adopt~d budget had projected a $1.3 million bond sale to fUnQ storm drainage improve­ aents~ Cash tloW' projections based on revised engineers' estimatE'S indicate that it ~ill be more cost effective to delay a sale of bonds until 1991-92~ Therefore, the CIP Reserve deer-ease is offset by $L8 million in :money o..-ed by other funds. It only net operating revenues are calculated, that is, if the advances to other funds transactions ~.re excluded, the CIP Reserve would actually qain $106,000 from the current adjusted budqet~ Staff will review the second year of the two-year budget, FY 1991- 92, based on both the new revenue forecasts for this year and the longer-term economic outlook, and will return to Council with details as part of the interim budget process this spring~ Revenues, expenditures and estimated transfers to the Reserve for Capital Projects are detailed in Table l~ The first column shows the actual results of fiscal year 1989-90 (audited) i the second column shows the adopted 1990-91 budget; the third column shows the 1990-91 adjusted budget (the adjusted budget refl~cts all Budget Amendment Ordinances, as vell as encumbram::es and reappropria­ tions}; the fourth column displays six-month actual expenditures as of December 31, 1990; while the fifth column,. -Projected Budget 1990-91-, shows staff's latest forecasts for revenues and expendi­ tures; and the last column is the difference between the Adjusted Budget and Projected Budget. CHP.: 160: 91 2 TABLS I 1990-9! MTO\'EAR FlNA.'!CIAL Ri:PORT GSNEltAL FUND REVENUE AND EXi'ENtHTURE SL'MMARY (lr; thou.qnd~ of dorT.lrs) Atlnpt~ .... dj~ YTD Projecled ~ Budad Budget Actual B"",.. ~ l22Q:P.J. 199(;.91 ~ ~ Pi""""", Rt.:Vl.:QUC6: T.II~ PI:ofoertyw.a. 1,SIZ 1,886 1,886 l,lS4 1,921 35 50"" ..... 1),981 14.614 14,674 6,706 14,100 (074) Uti"t} 'CM:fS tu <C,812 S."/Ol 5,7Q7 2.612 5,200 (507) Trani. oca.Ip. IIllI l,04{J 3,161 .3,Hil 1.156 J,161 ~ 0IN0 ... '" 1,4S2 2,558 2.SS!. 1.0\2 2,(5S (100) Fi.r.dI Ii-PeoaJtiai J .2SI 1.189 1,189 .,;3 989 (200) Tocat Tues &. Fines 33,10< 1S,11S )S, i1S 15,303 33.829 (I.""') Fin: Protect &: Emd'r. Comm. Stlrv~ 3.029 3, .... 3 .... 1,191. 3 ..... 0 fftl'lA oIfler .~ie:I. SOl 354 384 139 38< 0 ~. (OC$ &: pennil" 5,612 6,143 6,15& "2,635 >.863 (295) hl&c::oest rarninlli 2.381 2,000 2,CXlO .. , 1.000 0 """,,,001 _ 13,147 1J,480 13.480 6.519 IJ,48O 0 oo.a_ ..Lill T.tlM L.W ...t.m.l ..Llli --1l Tn""~ 59,20.3 62.-480 62,5lS 28,371) 60.884 (1.641) PIWi EIrunIb. " ~. tUnded linn prior Jr ~ -f.lli --1l SukoW 59,203 62,4S0 60,848 28,3"19 65.201 (J,64I) EkpnJirures: Sat I:. ikne.flts ]8,623 38,586 40,871 19,702 39,323 (1,5SO) CnnIract Scn-ices 5,052 5.143 6,SS1 2.ISO 6,557 (301 SltIf1PI"lCS a. Muerial:<; 1.336 1.= 2.36S 90< 2,265 (l00) a-rub"..". 3.390 1.O'i7 1,187 3,66< 8.63<; .... ~a:.~ 530 59() 595 26 595 0 F~ilitM:i &: EQuil" 559 491 BS7 458 831 0 AAl)(:IIted a..rp lO,nS 13.718 ~30.no 1.Cl63 13,""130 10 CUllli~sencie5 .l.lli! _.944 ~ --lW Suhlotal 61.21" 11.%1 74,158 33,%1 72.897 (1,261) ~ofre-If'1:IUICItIQ~C~j 1:Jl.pmc!jlura Wore. trar~fen (2.0J5) (9.487) (f,310) (.5,.58S) (1.690) eMit: 160:91 3 • 1990-91 MlDYEA'R F1NANC'lAt. REPORT GENERAL FUND RE ...... ENUE AND EXPENDlTUIU:: SUMMARY (ill thc-J1Jsand~ of dnna. .. '1o) Mop'''' A!ljU!l.ted YTO Projected Actual Bud',Gd Budl::ct ArtWlI Budget illMQ. m2:2l ~ J1.!lli2Q LY90-91 Dtffc:l'I::nce. Otbet-fiunclaJ aource.; (LlSeS): Orentiaa: Transfcn; in: Si:rM lmprov. Fund: M IS 15 53 IS fed. Revnl.ve Fund 51 II il 27 SI Spris! Dill. FWYl 273 110 110 55 110 c.p. In1f1OV. FUtld 140 Eowprise Fund 14,41i l3,5'?6 13,652 .,S4G 13,652 00... .Jl!Q --.!l ~ ~ --.!l To<aI Op. Trans. 111 15,119 13,82.3 13,89') 6,979 n,lI99 Op. TtanSfets oul: Deht Setvke Fund 9iS 946 '46 473 946 Cal'. hnrrov. FWlU .!.Q!!! 4986 ~~ 3.'53 ~ 21 Total Op. Tr.n5. Out 9,9"19 5,932 8.455 4,226 8.-476 Net Op. TnuuJmo 5,l4<l 1,89! 5,444 2.753 5,423 ~CC$S or Revenue & Oth.:.r Flnanc;inl $o4Jrus o"'~ (undd) Up.mdifur<'~ &: otho::r financing w;es 3.12$ (J ,596; {I ,866) 0,267) fr.lns. 10 (fn>m) R~,,·c:ti: R~tve fur Cap. Pr~. 1,139 (302) (697) (2,4JI) 0,714) Roervc: Strc:t:t/SNlwl;. (1,050) 5l! 636 129 (5<J7) .!te<;:. fot G~. Cordio,. 2,DOC (MO} (650) (1) (650) Iks. for ReaplEncumb. 17. SLClres~rJ (m) Adv. LO Other Fund..> 415 (1.J..U) <.LillJ (2) -M2 ) 82{) ToW ~I"'oie Otan.£o!S 1.125 (1,5%) (l,g66) \2,267) 0 Notei-: (2) Prevjou", y~r'5 w·".aDCC to Wol!er FlUId to ~ paid bl+Ck in 1990--91 will ron!riNlc 1o Gtmer.d Fund opertlions. off:!ld by: a 5I,32O.000!0 Storm Draia Ful"d dUe to fX'!'1,roor.c:metJl or !WIlt: or bol1ds. o SSOO,CKXJ to CIP Fund. 11.1 fund AII"N;M~ int~liOtl im,ruv~m:.M:>. . • hIG'! lupd •• HPUt. Total revenues !Ire projected to be $1~6 million less than the adopted budget for 1990-91~ Decreases are projected in sales ta~, utility users tax, other taxes, tines and penalties, and service fees and permits. Original budget projections for sales tax r~ceipts in 1990-91 were cODipleted before third quarter receipts for ~9a9-90 had been received. At that tiloe, revenues tor 1989-90 sales tax were ne.arly 25 percent above the previous year (1988-89). Clearly, the present uncertain econo~ic and international circumstances do not support the optimistic torec~st of a year ago. Receipts for the first two quarters ot 1990-91 were actually below the same two quarters a year ago. Total sales tax receipts for 1990-91 are nov projected to be $14.1 .i ilion, $~74 J 000 beloW" the adopted budget. estimate o~ $14.7 _lliion. The reason fo~ the lower estjmate is the projected impact of a recession that has hit the national and state economies~ The recession has dam3qed consumer confidence and, therefore, retail sales. Further, the recession is accompanied by lower inflation than previously anticipated. Lo~er inflation translates into a lower dollar amount of taxable sales and, hence, lower sale5 tAX receipts. In its latest forecast~ the City's sales tax revenue forecasting consultant projects $14.1 tnl11ion in revenues for the 1990-91 fiscal year. Both the consultant's forecast and the staff forecast aS5ume the Middle East ~ar will end in the early part ot the second calendar quarter of 1991. If the war draqs on, and if it dra9s ~nsumer confidence down ~ith it, then the outlook for retail sales and sales tax receipts 'Will correspondingly 'Worsen. So tar, however. the war appears to have had much less effect on sales tax receipts than has the recession which ~as already underway. Next year, sales tax receipts are likely to be below the estimate in the adopted budget~ This i~ due to the fact that the reduced sales tax revenue base this year will pass through to next year. ThUS, the forecastinq consultal1t is estimating 1991-92 ~ales tax revenue at $14.9 .million~ which is $700,000 beloW' the original 1991-92 budqet estimate. Property '!'all: Two changes are affecting property tax receipts, and the net result is .!in estimated increase of $:35,000 over the adopted budget. First. unsecured tax receipts are expected to be $150,000 over budqet, due to an increase of ne.i!irly 11 percent in assessed CIIR'160:91 5 • \ valu~tion. Receipts through January ~lready exceec the entire fiscal year estimate by $52,000; and an additional unsecured pa~ent, estim~ted at $100,000, is expected in mid-April~ Offse:ttinq this, Santa Clara county has notified cities that, pursuant to Senate Sill 2557, it ~ill retain a portion of property tax revenues to cover its administrative costs for handling property taxes. The amount 'Which the County vill retain to reflect Palo Alto's share is $115,000. The outlook for p~ope~ty tax receipts next year is unclear. If the unexpected $150,000 increase in unsecured property tax receipts is permanent, then the budget estimate for 1991-~2 is too low; further IInalysls of this increase is underway. On the other hand, unsecured proper't.y tax receipts are notoriously volatile, and staff analysis mo!lY well determine that the 1990-91 surge 'Was is one-t,ime phenomenon. Finally, if the recession this year dampens investment in unsecured property, then tax receipts 'Will be adversely affected next year. Secured property t~x receipts for 1991-92 could also be affected, if the local real estate market slumps dramatically this year. As statf has discussed ~ith Council in the past~ however, it takes anywhere from 18 months t,o 2 years for changes in property or valuation to :be processed through the county ASSESSOr" and county Controller's Offices. This means that the slowdown in property sales may not be reflected in redu~ed secured property taxes until late 1991 or early 1992. Staff has been 'Workinq vlth the Palo Alto Unified School District to develop .a methodolO9Y to better predict secured tax receipts. utility Use:rs ~.~ Utility users tax receipts come from two sources. The first is the tax levied on City-billed utility charqes, vhile the second is the tax levied by telephone companies on telephone billings to Palo Alto businesses 8~d residents4 Factors influencing receipts include utility sales, phone usage, bUsiness activity and economic growth, and the Wstairstep discount-given to large utility customers. The stair5tep/e~emptions calCUlation is made up of t~o factors: the percentage of total uti lity sales at a discounted utility ~sers tax rate, i.e., at less than the standard S percent rate; as well as the average discounted rate~ including exemptions. Since the budget was adopted, a revised ten-year utility users tax forecast 'WaS developed. Earlier estimates ot both stairstep/exemp­ tion factors were incorrect, and utility users tax receipts are now projected to be $507~OOO less than the earlier estimate. Motor vehicle in lieu fe~s are bei~ adjusted downward by $100,000 to reflect projections based on a decline during the first half of CMR:160:91 6 t • I • the year that is also reflected i:"l stateYide receipts of motor vehicle revenues~ Parkifl9 fines end vehicle code fines are projected to come in $200~OOO below budget. collection afforts hy west Computil, the new parkin9 fine collection service, are ~ot up to estimates made based on previous experience with the last vendor~ Datacom. Police and Finance staff are currently in the process of meeting with West computil in an attempt to identify and correct any problems~ Servia. ~ ••• , Per.its Departmentally-qenerated revenues are projecte.d to come in $295,000 below budget~ The major variances are in the following areas: o Fire Permits The budgeted figure of $360,000 ... as high primarily because ot overly optimistic assumptions in the Os~r Fee Study, but ~lso because the type ~~ development that qenerates large revenues (i~e., new oftica construction, major commercial remodelinql has slowed. A more realistic level is nov estimated at $180,000. o Hiscellaneo-"Ils Pol ice Fees: Accident investiqetion fees are recommended to be eIiminat~d, basC':d on consultation with the city Attorney's Office. This vill result in a decrease in re~enues of $70,OOO~ The fee was adopted in June 1990, based on recommendations of the User Fee Study. Pending ~nd threatened litiqation against other cities has been revie~ed by Police staff, es well as the city Attorney's ,:)ffice. That litigation argues 'Only direct costs associated with the duplication of accident reports are recoverable ~y user charges. Pendinq a tinal court determina­ tion on this issue, it is reco~~ended that collection of the investiqation fee be suspended. Vehicle impound fees were instituted for the first time this fiscal year t based on the User Fee Studt. The first half of the year's actual revenues ~re coming in lower than projected, and it is estlmateQ that ye~r-end receipts vi!1 be low by $45,000. Gener.l Pun4 BXp'A~itures Ceneral Fund expenditures are projected to come in $1.2 million under budget. In addition to normal year-end savings of approxi­ mately $200,000 projected for non-salary expenditures, siqnificant savings are expected in salaries anc benefits. CMR:160:91 7 • . ~-. . ; ~ ....... ---......,.------.. ----------------,...-.~~---) • '.'; " •• larres ae4 aenetita .Net savinqs or $1.5 million in employee services are projected, primarily due to utilization of a $1.2 million surplus held by PERS t~r the City of Palo Alto for non-public safety employees. A.l'l actuarial valuation performed by PERS ~as completed in 1990, which indicated that the City had paid a surplus into the system. The PERS Board of Administration has approved the use of these surplus funds to offset employer contributions due to PERS for the 1990-9l fiscal year. In addition, there has been a hi;her number of vacancies throughout the City than budqeted. Effective in February 1991. vacancies in the Ceneral Fund will be filled only after revie ... by Human Resources and the City Hanagerls Office. Therefore, vacan-=y savings shOYld continue through tha end ot the fiscal year 4 Finally, budqete~ funds to cover worker's compensation and disability clai~s appear to be high, and additional savings should accrue DY year-end. These savings are sliqhtly offset by rising health costs citywide, and higher salary expenditures in the Fire Departl'llent. An additional $200,000 is requested in the attached Budget Amendment O~dinance (SAO), to cover higher-than-budgeted employee service costs in the Fire Department. It is projected that the Fire Department will overspend its budget by $200,000 by year-end. Half of that overage is in overtime, and the other half is in the reqular salaries accounts. The overaqes are primarily due to minimum shift staffinq requirements contained in the Memorandum of Aqreement with the Firefighter's Uni~n. Approximately gO percent of the overtime spent to date f~lls in this categQry and is not discretionary. Examples of when ov~rtime is used to cover minimum staffinq include staffinq the Foothills Fire Station during the peak fire season (which was longer last year due to drought conditions); covering for paramedics d!Jrinq mandat.ory annual training; other departmental trelininq; ate-off illnesses or leaves; disability injuries; departmental participation in emergency strikoa response teams, i~e., the fire near Yosemite last August; mutual aid calls to neiqhbcriTlg' cities; etc~ Finally, there have be.en fewer vacancies than budgeted in the Fire Oepal tment. As a result, it appears that regular salaries will be overspent by year-end. At this time, no additional overtime funds are projected to be needed by the Police Department. However, the impact of contin,,'.ing anti-wa.r-events is unk.nowrii and there is a p;:Issibility that si9nificant unplanned uses of overti~e could occur by year-end. CMR:160:91 8 • • /. .. COBtract Barvl0 •• /8Uppli ••• n~ Materials It ill expected that saving's overAll in U".e General Fund of $100,000 viII be rhlized in both the contract services and supplies and aaterials accounts by year elld. This is in keepinq with prior years' experience for year end ~avin9s, althcugh the savings are not identified with any !=Iarticular departm.ent or program. The savings in contract services is slightly offset by an increase of $70,000 requested tor the City's share of funding to~ the Conges­ tion Man~9'ement Agency. This is a new program area, and is in addition to existing fund ing for the Golden Triangle programs. The attached Budget Amendment Ordinance requests an additional $70,000 for the Congestion Management Aqency for the Planning Department. GeDeral 'bpeD.'. General expenses are projected to increase $449,000 above the budget esti2ate. The main increase ($377,000) is due to the new pollcy instItuted ~y the Coun~y to charge cities tor the adminis­ trative costs of' 1:x>oking prisoners at th~ County jail. In addition, $72,000 of Cable Coop royalty revenue is expected to be uncollectible. It is an Waged-debt and should be recordeci as such. The subject of Cable Coop refinancing .. as reviewed by Council several months ago. The retinancinq includes payment of this amount to the City, although the status of the refinancing is uncertain at the present time. Allogate~ Charaes The postage budget in the Mailing Internal Service Fund is increasing-by $20,000 due to the recent postaqe increase. The increases will be passed on through user charges, roughly half to General Fund departments 8nd halt to Enterprise Funds. C!!R:160:91 9 ... i. · - / •••• ry. (9% Cepital 'rqj_qt. The projection for the Reserve tor capital Projects is summsrized below: Audited Ending Balance 6/30/90 Decrease in Reserve -­ Adopted Budget 8udget Amendments Affectinq the CIP Rese~e Since 7/1190: Payroll/Personnel System (reviewed by Finance and ~~blic worlcs Committee, to City Council February 25~ 1991 Information systems elP Middlefield Well site elP Building Oemolitions Tax Auditing Services Compensation Plan Increases Single Family Design Guldalines T!'affic Signals City Auditor Search services Parking eita,ion Services Subtotal, Budget Amendments Anticipated changes Reflected in Midyear Report; o operatio!'ls o Advances to Other Funds Anticipated Balance 6/30/91: "~nicipal ~.e Scbedule Cbang" $ 75,000 9,540 46,000 33 J 500 6,050 160,000 25,000 10,405 18.500 11.300 $5,399,000 (302,OOO) (395.295) 106,000 11,820.000) $2,"7,705 Several fees adopted by Council last June ~re now recommended to be changed, The changes include: CMR:160:91 10 • / o PinangelReal 1st. t. D1 vI. Ion : Page 3) The followinq ch~ngeG are proposed in order to makQ Real Estate Division fees consi6tent ~ith Public works Enqineerinq Oivision fees, and to refle=t the recently adopted real estate policy on receiving market rent on properties. The total impact on General Fund revenues will not. be Edqnificant, and no revenue change is recommended in the attached Budqet Amendment Ordi­ nance. Easement Vacation -ResidentIal arl(j Non-Residential current: $150 Proposed: $300 or fair market value. conveyance of Permit or Temporary Lease to CUre an Encroach­ ment Onto City Property, Non-Residential current: USO Proposed: $300 or fair market value, whichever i~ greater consent to Assiqnrnent of Lease or Sublease CUrr'2nt: $150 proposed: $300 Consent to Hrpothecation of Leasehold (i.e., is. pledqe. of a leaeeh~ld as security or collateral for a loan by a lessee) current: $150 Proposed: $300 o Police Dapart •• nt: Page ul Existing Fee: $30 proposed Fee: Eliminate As mentioned earlier, this t~e is reco~~ended to be elimin~ted pending the outeo'me. of 1 iti9ation in other jurisdictions. The impact will be a reduction in Gener31 Fund ra~nu~s of $70,OOO~ o Police Departllent: Document Retrieval and copy F.. (F •• ScbaOule Paq. 26) E:xist~ng Fee: Proposed Fee: $19 for 1st 10 Pages $11 for 1st 10 Pa9~s This fee change is related to the Accident InvestiqatiGn Fee and is also recommended to avoid possible liti9ation~ The iEpact on General Fund revenues ~ill be minimal. CIIR:160:91 11 • I . .' The follOWing chanqes are recommended to allow for a consistent collection of lap s\;;'imminq tees tor both residents and non­ resident. within the current staffinq and physical constraints of the avimmlnq pool •. Swimmlng pool, Non-Resident Adult CUrrent: $2.00 Proposed: Eliminate A~d: Lap SWimming $2.00 tor ~ll Syim Coupon Books. Non-Resident adults. lap swim CUt'rent: $2D Proposed: Eliminate Add~ Swim coupons tor Lap SWimmin9, tor all (10 tickets) -Rasidents $!2.50 -Non-residents $20.00 Ipterpris. puna. 'ummary OVerall" tl"le Enterprise Fund Reserves are projected to be drawn down $9.6 Ildllfon by year-end, 'Which is $.6 million more of a reduction than the estimate in the aC!opted boudget. Significant ch8nqes from the adopted budqet include: o PERS savings in all Enterprise Funds o Increases in Gas and Water sales and purchases o A decline in inte~est earnings in the Electric Fund o Settlement of the Arastradero fire litigation o Postponement of storm Drainage bond sales The following table summarizes Enterprise FUnd reserves. revenues, and expenditures: CMR,160:91 12 TABLE 2 trwHOYEAR flNASClAl,. REPORT SNTERPRlSS FUNDS ~EV£NUE '""0 EXPENDITURE SUMMARY (iD rflWAlHls of doltln;) .Adop<od Adjus.led TID Projec(1I'Jd ActoW Uwpt BU.dlet Actuol Bode<' J.m:22. ~ 199!>-91 llilli2Q J.mll. l2:i[!ellm:l --T""" SaIeo 10Sl,4,S.s 113,380 113,380 SI,I31 115,078 !,698 Inkn:$I 1DcoD'IC: 6.~99 6,744 6.744 3.250 6,362 (381j Other loc;)Mt: 4.011 3,110 3,).07 l.lOS 3.3<>1 0 A4v-=e from General FIJnd' 0 ~ 0 0 1,320 1,320 Boodh"cmue --l1 ....l.lli .L.UQ --l1 -.-2 (UW TIUI Jt.ewnua 119,872 124,615 124,152 55.685 126,067 1,3[5 Plus ]1'" i opt .ions &. ~ (rom Prior Year 0 0 11)580 0 !2,680 0 e.~, Utili!: Plut:hasa 5.1.390 54.082 54.082 25,1)2: 5<1.331 2.249 Sahll;_ &: 8cotfib lO,SiO 10.995 ll,562 5.366 10.862 aOO) c.oau.ct Stn'i0e5 3.311 4,351 5.879 1,599 5.8;79 0 Supplies A M.aeri!ls 1.381 1.797 J,1!59 699 1.!59 0 o-IEx_ 4.43<> '1,533 I !,,59O 4,639 11.590 0 Loultu.-]I 362 362 17 362 0 FllC'ilitics ... Equipm«ll 122 321 329 109 329 0 Co .. ti::.n~;n 0 ),1$6 2,404 0 2,404 0 A_Chatr<o 10.557 11,813 12,294 5.025 12.194 (00) Noa-CdI a. ........ 2,in ),HIS 5,165 1.004 5.165 0 !iodOd>t&_ -.m ..-ill --1ll -.-2 -.ill _--ll Total 0peq1lnr Expt:nse:s 14.534 lOl,7!l4 105,675 44.619 107,134 1.459 OpmtJiftJ Tran.~ Out GenenI F"oo 14,612 il.516 '3,652 6,13'9 13,652 0 C1P 327 923 923 310 921 0 VelU;:;k: IlepllCC11'1mt Fur.d D 358 35S 11. lSi C Self Jeswance fund ---'! _---.Il ---Y ---'! ---IQ!l ~ Total Tr.nsfcr .. 14.999 14,857 14.933 7,348 15,413 5ro T ou.I EJ;;pcadi~res 99.533 1111,641 nO,6OS 51.967 122.566 ],959 C.".1a! Ex,.,..a; ..... 1.446 ]:),71S 24.583 .c,l? 2<, •• S (85) ~ or AdVUlCCi from GF ---'! J.lli ...LID _0 -LID J Nt:t 10 (from) Reservt!lO 11,8513 C9,OS6} {9,O14) (656) (;,513) (559) CMR:I60::91 13 \ -.-'r BDterprise Fun4 a.vanu5. end commodity Purcha.e. No .ignificant changes are projecte~ for sales or purchases in the Electric, Wastewater, Refuse and Storm Drainaqa Funds. However¥ increases in revenues and cO~~odity purchases are projected in the Gaa and water Funds. The recent abnormally col~ weather, and a change in market conditions p~eventing the acquisition of less expensive gas are causlnq an increase in qas purchases by $1.{ million by year-end. Tbia is somewhat offset by hi9her sales projecte~ in the Gas Fund of $0.5 million. water purchases Are projected to increase by $0.9 million. Actual consnmption has been higher, primarily due to extremely dry months 1n December and Janl.lary. In addition, the adopted Water Fund budqet was premised on ~eetin9 a water allocation target level set by the san Francisco Wate.r Department. P;;!nalties have been assessed a9ainst the City for going over those allocation tarqets. This is offset by an estimated increase in water sales of $1.2 million . Chanqes to interest income are projected for the Electric and Wastewater Fl.lnds. The Electric Fund is expected to realize a dee-rease in interest earnings of $. c m.illion due to lover-than­ projected cash balances( while the Wastewater Fund is antiCipated to realize a net qain in interest of $19,000. Within the Waste­ water Fund, however, the collection Subf~nd is expected to realize a decrease in interest earnings of $'7~OOO, while the Treatment Subfund should qain about $96,000. Salaries and B.n~fita The PERS savings of $.B million mentioned e.arlier will affect the Enterprise Funds as follows: Administration water Gas Electric Refuse wastewiCliter storm Drainage Total CMR:l60: 91 14 $100,000 70,000 88,000 263,000 62,000 .2 OS ,000 12.000 $§QO,P90 • / settlement of the Arastradero tire litigation 'Will increase. the Electric Fund expenses In the second half of the 1990-91 tiscal y.ar~ The l5ettlemant totals $l~O million and requires that a trans.fer of $500,000 be made this fiscal year from the Electric Fund to the city's self-ins~r.nce reserve, trom which the 5ettle­ .ant ~ill be paid. The fin&l transfer ot $500,000 viII be made next fiscal year. It should be noted that the Calaveras Reserve is beinq tapped tor the first tiMe this fiscal year, as planned~ The Reserve will be drawn down over the next ten years to fund debt obligations arisinq from the Calaveras Hydroelectric Project . • tor. Draiuaq. PUDd The adopted budget for the Storm Drainage F'"md projected bond revenue of $1.J million to fund capital expenditures during 1990- 91. staff has done a cash floW" analysis, based on revised engineering estimates of the timing of capital projects# and has concluded that bOlld financing would more likely occur during the 1991-92 fiscal year~ !t is expected that staff will pursue approximately $3.0 to $3~5 million in financing for capital projects for the 1991-94 ~i'P!1e period in tall 1991. .Because bond proceeds 'Will not be available in the Cl.lrrent fiscal year, the General Fund will continue to advance a.ny cash needed to the Storm Drainage Fund this fiscal year to keep it solvent until financing occurs. The General Fund will be repaid when bonding occurs. EDt.rpriae Fund Reserve. Significant changes to Reserves since the ~dqet was adopted are projected in the Water, Gas, and Storm Orainaqe Fur~s. water Fund Reserves The increase in sales revenue ($1.2 million) and PE:RS salary savinqs ($70,~OO) are somewhat offset by an inc~ease in purchases ($.9 million). The net change is an increase in the water reserves of $.4 million over and above the amount adopted by Council. Gas Fund Reserves The increase in sales revenue ($.5 million) and PERS salary savings ($88,000) are offset by an increase in purchases ($1.4 million). The net change is a d~cr~ase to the Gas reS9rves of $.B million below the amount adopted by Council. CMR: 160: 91 15 • \. Electric Fund Reserves The decrease: 1n lnterest: income of '$401,000 1s somewhat ot'tset by p~ salary savings ot $263,000 ane! other operatinq sovings of $40 4 0004 Ho~aver, combined vith the tr~nsfer of $500,OOa to the Belt Insurance Reserve to tund Araatradero Fire settlement. Electric Fund reserves will decline $598,000 by year-end. $torm Drainag~ FUnd Storm Drainage ~nd PO$tponlng bond sales until 1991-92 vill mean a 4ecre&s. in the Stora Drainage Fund's reVenue sources of $1.3 million that will be Jlade up by a teQlpor~ry cash advance f.rOl'D. the General FunGI at year­ end. OIR: 160:91 16 eIP MIDYEAR srAros RBPORr Selected capital projects over $100~ 000 for th.e Capit41 I1!Iprovement FUnd, Street I~rov~ment Fund, and Enterprise Funds are included as Attachment A. Cepltal I-crov .. ept fund All General and Special Revenue Fund capital hnprovelr,ent projects (CIP) are within budget, ~xcept elP No. 18812, Information Systems Development. The project is over-expended. by $21,500, due to underestimatinq sales tax on a large systelll acquisition. An additional appropriation from the Reserve for capital Projects is requested to cover the overexpenditure. The attached BAD includes • request for $21,500 to bring t~e project to a positive project balance .. Projects with significant 8ctivity in this fund for the first two qua~ters of 1990-91 include Greer Park Oev9lOPDent~ Information System Development, and Street Meintenance. All street Improveme.nt capital projects are within budqet. A projected expenditure of $500,000 in 1991-92, to improve the intera:ection at AlmatMeadoial" on elF No. 19073, is proposed to be pulled forward and appropriated to 1990-91.. The Public Works Oepartment is 'Working on this prQject in conjunction 'With the California Transpor-tation Department and Southern Pacific Railroad. Southern Pacific no .. requires at least six months to procure equipment and complete construction. Since Council has requested that the intersection improvements be completed before school opens in September 1991, and the construction contract must be awarded at least six months in advance of completion, proposed funding for 1991-92 needs to be made ava:ilahle now. consequently I the attached BAO requests an additional eppropri~tion of $500,~00 to CIP No. 1907:), tunded from an Advance from the General FUnd until next yearrs Gas Tax receipts corne in. Project fundinq ~as anticipated from qas tax monies in 1991-92, but ell 1990-91 gas tax revenues ·.,ere appropriated for 1990-91 elP projects. The Advance trom the General Fund will be reimbursed in 1991-92 from a small Transporta­ tion Development Act grant and 1991-92 qas tax rev~nue~ There ~ill be no appropriation request for CIP No. 19073 in 1991-92. Bpterprist lund' As of December 31, all Enterprise Fund projects are within budget. Kajor expenditures for the first two quarters in 1990-91 include C1!R:l60: 91 17 • w4ter and Gas Main R~placements, Byxbee Park, and the Middlefield Underqround District. An adjust~.nt to the Storm Drainaqe Fund elP No. 47702, Collection Syst •• Improve~e~ts, is proposed to modlfy the scope of the 1990-91 prDject and reduce the budgeted funding. The proposed $85,000 reduction is due to re .... ised cost estim.ates on two projects, and .tatfing constraints which have delayed the planned design of & new .torm main along EV'I!rett Aver.ue. fhi6 is oftset by the proposal to include the desiqn and ccnstry.ction of a City..'ide curb and qutter replaceme •. t. ,Program. in this project. The revised total funding tor 1990-91 is $1.45 million, a decre.se of $85 t OOO from the budgeted amount, which is refl~cted on the attached Budget Amendment Ordinance. hcoM_n4a tio-D It is recommended that Council approve Amendment Ordinance containing adjYstments turea, and the Municipal Fee Schedule. Reape~tfu~~tted' 3::ELE ~9~iE Manager ~.d~ EMILY IlARRlSON Directo~ of Finance ~.,-~~~ Ci~nag .. r Attachment A Budqet Anendment Ordinance CIIR:160:91 18 the attached Budget to revenues, expend!- ,. '- • c.pft.t l .. ~t ... ojects ~ry ( $e\ectf!od ' .. ojectl O¥er 1100~OOO , llid ,. ..... "",Ift 1m·1"1 '"1-=t AclJ~tN (!II) rhr-u ....., rill """" fut ..... Tf'". fut\1t'41 '1"01. I.t. TtIt •• Proj..::t: TiUe .-~ to D-n_ 6{]tJJ'/O Jiicr:.-' hlmce ....... .z=.pendI ':u;a; PMJ!. flIP. ... -.... _ ..................... _ ........ "_.-._ .... " --_ ..................... " ........ _ ... -... ---.. .. ------.. -........ _. _ ....................... ,"",,,,fc I rtfo. Cyst_ , .... 367,500 216,906 '19,6'50 13(l,M4 1047~5OD 57a.444 11'5-,_ ,t"" ~Uptre6 111614 "1,500 IliH,764 >. ,." ....... >1,000 "',-....... FF ... Str.:l~ k-rw. tllP. '191, "".OCO 7,5.."'5 7.5l5 ~,9'50 ,,",,'" ....... ;r...,. ,Kt o..l~t: , .... Z,I19,571 2IS~6SZ 1,191,1'93 n1,901 755, ()QQ ,,4~.PaJ it,_ ... ua ...... I.D .... I ,.." '. '60,COO 2'0~'1] 19 .. J21 '! .. 1.l(t,006 1'55,000 .,a1'5,_ 1~Vt!i',000 Orlri,. ......, TtII e...p... ,-199,000 1IO.t.61 1~.392 1'. '47 ".'~ ''' .. -~ Ctt-hetf~ll. '191' ....... ...... ".5'Z .... 112 .... 112 .... -""'up keen IIKlltty ,.." 115,000 ...... ".799 loC. '47 40,'''1 1'1'5,_ Infr. S)'II.t-~..-m ,.,c •• S-'O lS',o584 ~S.905 Ctl,2S2) 301 .... .... N t, "',540 MIt 11'1_ t .. it .-"'.-'SIll."' 10,,", 10,'16 ...... ....... P\b{ Ie It_ StNt~ r.., ' .... Z,11Z .. 911l-1.'!60,046 89. ~37 9D,727 Z.W,OOQ ',:l11 .. m 4,'567,910 ............ t .. '.l.t .... ,...,. m.'" 1'l6.402 " ...... ...... m .... ... mrt. UC 'ft a-w.l 'MIl 2'5,000 1~'.D01 ...... 65 .... 215,_ ..... at J"'~ ... tr __ Spt. ,-....... "".m 100,205 125,000 225 .... 515,_ Sdiool SI .... 144 1110,. "".m 215.19l 1062 .. "'" 14Z.440 ....... afrpwt , ...... , '9001 no,ooo 57 .... 15.544 t1t.~6ltt 116 .... no .... .,~ P'oo( I .... _It ,-'''',000 t35~7Zi! '.m <.m '40.000 Cf~c ct:.r-Entor'I)' ,... '90t7 ....... " .... 5.'" .... .,. ....... ....... In ............ , .... CConn!' ,OO" 1,225 •• ".417 '.U9.~ 1,U9.52S I,m •• Send iHI IoMI ISr. 'ton 5!)1).000 _.932 498.061 4'il1 .. 061 SOD .... fft Il'IWattlM ICI'I , __ 19101 171t,noo 17Ci1,OOO '7'1),_ 17'11 .. _ .. I.,..,..... F..-nt.' Ecp.'jp. 19H6 1105 .. Dr.O 10,000 1S5,ooa "" .... ....... 450,_ Prlntf". s..: e.ript ... 191'. 130,000 110.000 130.000 I)O,GOO ...... icl.~ ,..14 33',5011 ... .., ~1.53S It.1.m J!~.500 Cfric ttr IOaIdIl/IotGC. ,., .. 5", 'SCI 51$.UO 511,150 51J,IH luHIII,. CIId. ,-W7,«KI 11."" 435,106 43S~I~ 441,_ ,.[~ .. ,n...-r..., Ie , .... M,'65 1OP~S42 245,6Z3 ....... .... "" _ ... 15,7ZZ.~ 4."".UI 2,l6I,Il5I .,a6G.1Il 5 .. 082,_ ",9O,lIiZ iO,ID5.'se ._-....... -.............. _ ... -_._. -_ ................... " ......... _ .......... _. -.-......... ---.............. Street IIIbfm:...-.::_ Str ... _fnt..-.­ ""'[kll",1 ... '''''''' ...,., , .... 5,012,500 i I .... ,. - Eat rreffie Ih..." Ka~..w_l..., 'm'le Sf .... EC.,run BIt,IIrIIt.edIr •• ..,t "'not' IntwMcttOl"l I .... .. ,.. IMenllCt:ten I .... freffk. tcwoJt:,.t c...t~_ _II. ",..jert Acfl~t_ ~ "dfet to D.~. 111m ,orn '1107' .1fI71 ..... "'" """" 1l4o,IXIO 14'.4G'5 101 •• 111._ m .... 150 .... 144,000 '.D66.~ ClPlul l,-iQYeMnt Pr-oj.ctl s..."" ( 'Sel«ted J'Toj.cta Ow!' J1M.GOO , Mid Tur hyi ... 199Cl-1S091 1a.sS9 .W .. OOO 12.405 ...... ...... ., ,21' • t2,101 17~151 401.01.5 2t4,~ '.441 • 11 ..... It .... 27',* ".m 500.000 ...... ....... ....- ....... 500 .... '."1 • 11 ..... It .... m._ .... m ...... ....... ....... Est. ?ot.t ,r.J. lJIp. t".GGG 141.445 '.,001 10 .. _ m .... ... .... m .... ',!M6,YS N .. ~"""D •. ,e e.l ..... no '"IftifIIIfc 1",0.""1:_ c.. It.tlc:n I .... 4 == ,t L..b. reel IU"'" I 1tW1_ l.INffl II ......,., 'Iftr ilia. Lli'dfll! PItnI Ftwc INt. ~ t.wcbt. Cetleoc1 • u.ter lutfar! I •• iIItll Iftl ..... .........-y 1Id.\.2fC11,.....-. ~ .., 12 rv IdIt1't1." • 'ct:Ilotfl.ld IhIIIf ~. 1illMr.-1 .. bcl..-tfon ~ lilt ..... lfty I,.. llndffU IliWthi (;1,.,... _AI. clIPint I~t I"roj«-eta ~"l' ( se~_ta:i ,.,..jec:t. C'wer "00,000 ) Mid 'nr-bYI., 1990-Im I"roject Adjusted E. 1l:N .weer ludpet to Cit.. iWlO/90 "'7 2,1)4~OOO 4n .. ,14 307.703 ',l4II.m 0934 1151, T12 ....... 2,.19 25 .... ... , S86,I5(I 377~ 139 ...... 162,1.65 .,,, "'.30> 115,397 1.424 198,481 .... , .... 60Z as. 659 1'.8W 141.167 .... 41'D.Q :564,5'2 ... 1.,..191 om 101).000 95.101 ..... .... _.13& 862.221 11.231 '.613 .... m .... .,6" 1~.5n 132, rn .... ... .... 45.281 2.812 192.S95 .037 700.'" 25.61Z ...... 64J.'" 9I!5l 797. OOCI )t., 118 "71: .. 2'12: .... 1,191,000 44,545 ....... 1 .. 2'Il,Dt1 "'. 150.000 15(1,COO ., .. .... 000 ...... 1".IQI!I 91" '.125.000 2'1.4. t12 _.-Ins to ••• * J.:gz .. 915 1 .. 62],:125 ",iI51.SZ!6 1,)1.1 •• ...... 162' .. 465 ' •• '11 111t,OOO 257.167 1-04.'93 ' .... 9,673 132.174 19'1,59S no .... m .... "lI,Z'Z ".000 1 • .zn,091 '5C,OOO ....... "'.000 416,100 -.... .... 000 6,m.w ht.Ttrt,t Proi. E~ Z.134.000 1151,122 _,ISO .... 30> ....... '7'D.08t 100.-m.t. ... .... ....... ~.D50.000: 197 .... '.151,. -..... ... .... 1 .. 125._ ".714._ ......... -----_.--_. -~-•• -•••••••••••••• -•••••• + •••• -•• -•••• ~~.~~ •• ~.-. _ •••••••••• , •••••••••••••••••••• - .. ~ COl.t '" kMb S"torII DnI'.-.. hlp. ....,. .. fl'lllpl~ a. ..... n Iapl..-m .,13 ..", ..,. .. ,. rur .... ,t!ftt..-prIM ,..", ,.". lech on·to' .... Drt-eoi ". 0rJ'1JO!'" On-:JOi",. :M'.129 111.sn 4W.GJ1 '9.967 .... 000 i .... ,.. ... ORDINANCE NO. ORDINANCE OF THE COUNCIL OF THE CITY CF PALO ALTO AMENDING THE BUDGET FOR FrSCAL ¥EAR 1950-91 'J'O ADJUST BUDGETED REVENUES AND EXFENDITURES IN ACCORDANCE 'WITH RECOMMENDATIOIIS Iii THE MID-YEAR REPORT. WHEREAS, pursuant to the provisions of Section 12 of Article III of the Charter of the city of Palo Alto, the council on June 18, 1990 did ~dopt a budget for fiscal year 1990-91; and WHEREAS, after reviewing the current budgeted revenues and expenditures for fiscal year :i.990-91, adjustments to the budget are reCOmDended to more accurately reflect year-end proje~tions including revisions to the MUnicipal Fee Schedule. NOW, THEREFORE, the Council of the City of Palo Alto does ORDAIN as follows: SECTION 1. The. net sum of One Million Six Hundred and FOl.'ty-one Thousand Dollars ($1/641.000) is hereby reduced from the budgeted revenues and revenue transfers in the General Fund as displayed on Exhibit ~AM, ~hich is attached to this ordinance and incorporated herein by this reference. SECTION 2. The net sum of One Million Thirty-nine Thousand Eiqht Hundred Fifty Dollars {$1,OJ9 j 8S0J is hereby reduced from the budgeted exper~itures in t~e General FUnd as displayed on Exhi~it -AM. SECTION 3. 'I'he Reserve for Capital projects 'Will d.ecrease One Million Nine Hundred Fourteen Thousand One Hundred Fifty Doll~rs ($1,914,150) for a projected ending balance of Two Million Seven Hundred Forty Thousand Eight Hundred Fifty Dollars ($2,740,850), and the Reserve for streets and Side'Jalk:s will decrease Five Hundred Seven Thousand Dollars ($507,000) for a projected ending balance of $581,000, as displayed on Exhibit MA-. SECTION 4. The sum of Twenty 'I'housa!"'ld Dollars ($20,000) is hereby added to the postage budget in the Mailing Services Internal Service lund and budgeted Mailing Services revenue is correspondingly increased, as displayed en Exhibit ·A~. SECTION S~ The sum of One Million Two Rundred Thousand Dollars ($1~200,OOO) is hereby added to Water Sales in the Water Fund and the net sum of Seven Hundred Ninety-four Thousand Six Hundred Thirty-five Dollars ($794,635) is hereby added to ell.-penditures increasing the Transfer Stabilization Reserve Four Hundred Vive Thous~nd Three Hundred Sixty-fiv~ Dollars ($405:365) as shown on Exhibit "BD, ~hich is attached to this ordinance and incorporated herain by this reference . • • \ , • , SECTION 6. The SU!Il of Four Mun!:!r-ed one Thousand One HUndred Thirty-Eiqht Dollars ($401,138) is reduced fram Interest Income in the Electric Fund; the net sum of Three Hundred 'J'W'o Thousand Five Hundred Twenty-thr-ee Dollars ($302,523) is he~e:by reduced fro~ expenditures, and the sum of Five Hundred Thousand Dollers ($500,000) is hereby transferred from the Electric Fund to the Self Insurance reserve fer settlement of the Arastradero Fire claim hereby reduc:in9 the Transfer Stabilization Reserve in the Electric Fund 1n the amount of Five Hundred Ninety-eight Thousand six Hundred Fifteen Dollars ($598,515), as shown on Exhibit ·B~. SBCTION 7. The sum of Four Hundred Ninety-eight Thousand Dollars ($498,000) is hereby aQded to Gas Sales, 8nd the n9t sum of One Mill.1on "l"wo Hundred Fifty-nine Thousand Six Hundred Sixty-eiqht Dollars ($1,259,668) is bereby adaed to expenditures in the Gas FUnd and the Transfer Stahilization Reserve is ccrrespondingly reduced by Seven Hundred. Sixty-one Thousand Six Hundred Sixty-eight Dollars ($761,668) as sho·wn on Exhibit -aN. SECTIO:-4' 8. The net sum of sixty-three Thousand ~ine Hundred Fourteen Dollars ($63,914) is hereby reduced from expenditures in the Refuse Fund and the System Improvement Reselve is correspondingly increased as shown on Exhibit ·B~. SECTION 9. The net sum of Eighteen Thousand Two Hundred One Dollars ($18,201) is added to Interest Income in the Wastewater Fundi the net sua of Two Hundred Eighteen Thousand Four Hundred Fifty-tour Dollars ($218,454) is hereby reduced from expenditu~es, and the sum of Two Hundred ThirtY-SiX Thousand Six Hundre~ Fitty­ ~ive Dollars ($236,655J is added to ~he System Improvement Reserve as shown on Exhibit ·B~. SECTION 10. The Storm Drainage Fund erp No. 47702, COllection System Improvements, is hereby modified and reduced Eiqhty-flve Thousand Dollars ($85, 000); the sum of One )lilli-on Three Hundred Twenty Thousand Dollars ($1,320,000) in budqe:ted bond fund in; is exchanged fer a correspcrAing advance from the General Fundi the net sum of Ten Thousand Five Hundred Sixty-t .. ·o Dollars ($10,562) is re~uced from expenditures as indicated on Exhibit -S­ and the System Improvement Reserve .i s hereby increased in the amount of Ninety-five Thousand Five Hundred Sixty-Two Dollars ($95,562). SECTIQN 11~ The sum of Five Hundred Thousand Dollars ($500,000J is hereb~' appropriated to the street Improvement ell' Project No. 19013, Alma/Meadow Intersection I1f~provements, and the Reserve for Capital Projects is correspondingly reduced. SECTION 12. The Municipal Fee Schedu.le for fiscal year 1990-91, as adopted under Ordinance No. 3968, is hereby amended to read as set forth in Exhibit ·c ft , 'Which is attached to this ordinance and incorporated herein by this reference~ , , • · . SECTION 13~ The Council of the City of Palo Alto hereby finds that the enactment of the ~rdinance is not a project und~r the Cali!ornia Environmental Quality Act and, therefo~e# no environmental impact assessment is necessary . .§.EC1ION 14. As provided in Section 2.04 .J75 of the Palo Alto Municipal Code, th.is ol."dinance shall become effective upon adoption. INTRODUCED AND PASSED: AYES: NOES: ABSTENTIONS: ABSENT: ATTEST: APPROVED: city Clerk Mayor APPROVED AS TO FORM: Asst. city Attorney APPROVED: city Manager D~rector ot Flnance Director of PubllC Works Dlrecto~ of Otilitie$ iCI·Fve1 1990·91 Mldyetir U: ... t.e.'lta k<' ::tIj~t !>eKrlptl..,. crw,t ... It """, . ................... ...... .......... ................ ............ ...... h"hfbft • IHEUI. ,... ......... ........ 11111 ...... ... 115,OOC ........ '''' ........... t50,I:IOG ........ 111' SoIt" rlU!: 574,000 ........ 11 .. 'ltIfcll In Lieu 100,000 """'710 flO' "IltIlel_ Coct. '00,000 Q027077'O iZOl .P.rkl,.. VioLation loo,OC"<l ,..ram '313 YIIMc:lel~ ".000 ...,..,. "'. ",",dent Il'NHt IS .... 00Z15330 '''' 1f~ hnIit 180,000 ...,.... .,86 Wt-Clty .... 000 003000OO "17 wr·pt, .... 1~,OOO ".~ 1SO,OOO 1 .. 791 .. 1)O(J {1.64',OOOl ........ -....... ........ .... .... ',t t.avf.,. 1,Z20~ooa ll0>0OOOO lOG. VM:lI'Cf ... "'.000 COZ7'5Z2Q ... , Fire SoIlary·Rea 100,000 • ... m20 .... Fire ",tVY'OT 100,000 00Z3ZS40 ., .. "'"'"t ~ lJenC;Y "' .... 0023S540 .... a.cI IIl1bt Clbie 71 .. 500 • 00Z7C330 .... IOokf". 0tfI "".'" • OOl4It1G .... Poeu,a·Ae:ct • ... • 00261110 !90> Fon ... ·Pt. 1 .... • IJIIZ1l1Z>O , ... POIu,.-P'Ol "'" • .....,10 .... ~t .... Art '.500 • D02att510 .... IIi'ost~Lib '."'" • ......... """ ~t ..... l« ',aso -",,, lion-.. Iary CCIJ1t i ngeney ".000 • ........ ... , ~IP ino:~ 21.SOO .......... .......... . ......... TOUlI Cif fXpetIH ',7'90,000 i'5O,l~ ",039,150) Genera' fWW;:: ~ Cbw"Ige T,fI4::',OOO 2,~I,150 C601.1~l CKAlIIC !II lESERVE$ -.... "'tW'lC'e to otMr F~ , ,II2G, 001) -.... c.p!t.ll~t SVi .. 1SO '.91'.150 .. , ..... .... $tl"HtJ: , 'i~t ..... S07~OOO tfLF·In.JtAMa F\III -.... Ar.nr ..... Ffr-e 5oo,!IOO ........ m • LilblLl'ty ct.iIC "'.COO • .......... '.I6',I~ ],0" .1~O 1,$20,000 mElUL SEhU1! P\.IIIlS ..... '50 , ... "-Iii",, 1--.-ZO .... • .... '50 .... JlO$t8'1Jt Jnc:rMft "',COO • .......... . ..... _.-. ",000 ...... 2'O~'''·91 !99C-9( *idyellr Mj~UlC!flh ... , I1DJltCt Dekrfpt'<:ItI Or"', D«Ift -, . " .~ .... ~., ---.-.. -. -., --". -'"---_ ... ----_ .... -... -. -" . £Joh~btt I mbf'IJIl' NiIOC ~n'ooo .... nn.~tj ... '0Cl~00Q v_ ,.,. Adlin .U~ t.a...t:tian 100-,000 ='QOO :>ooz 'OtII.·"O:., '$~50 + =, ... lOI'O tEQ IMlJc::c' on 57.'1)6 mo .... m, "'1" I.HQII: bwuiDl'! tl.OOQ .... ""'" -PP'I.u:t!on ,~.7tJ9 ~ 1711 hi ... i~r .... t • .iOQ ,I'JQO • ~ .... 'At'tl' hlfc:l'td"H "','" • .-""'" ,nc-....... " f~ '" 4-tiS,3M • zm1'" ,... ~t.-E~f:e 2,100 + _.000 -P£l' I.u:tlan 111,060 =.000 lql0 I4Iln lUv.. l~t;OI'\ ",'" l>f>'''' .... 1£:Q IIdJeUCfl a, ,;51 2WO<»O , .. , %M:.,...t 1I.ecf'tAM ~~,1l1 .......,. -1'r1 for-UflC:.-.ow-o Fit. 5(1(';,004 • --..... (lU "r lSl 598.6tS ........ ,... foat ... ·&-. 'A 1'5~ + ... .,..., ,.,. "..in .. ~ loc tedLll:1'on n."" ,.." ... "'" nls Ilf(U;:tion ...... .... , ... .... JIUS llIdLttiQ."J 55.ae ........ Ui1 S.l .. f.>'ICr.etiot 4;18,000 • ........ "'" ... "" ....... 'zl69.CIlCl + ........ -VU cf SI. "',661 ZS5S921C! .... her..,.· ...... '! ',<00 • l5Smlo me ArtrIin .. ~ ~OI: l!iCl.Ic:r;an ','" 255S9Z10 .... PEts ledofetfon 62,51. ,.-.... tnc,..., ,,. SII 63.~'" • 266rC6no .... I'Els ~tfor, 1SJ.m 26626,'Q ,. .. .-.,1'11 .110: lllld..ll:'f:lv. ..... -"" fM~t lrocr .... ".-• ......,.. .... ~nc:rlNH i" SIll Z57~864 • 2IIr.?1000 ,..,. Pot.t..-C,,;t ',,",,, • ZifiR1t;1C11t "" AcIIIi" Iljoc: l..a..:tiM ".OW an100Cl ,... ms hc;U:tlon. » .... -'''''' ,... PElS I.-;U:H 01) 13.?'So!5 .. -'60' rnt"'nt dter_ 1'7;S"l'9 .. ,..... .... u.. flf $1' 2,',m tm181a .... pl)t.t .... -$t4~ Or.rn ',ssa • l1'1S1!Il0 .... PU$' 16tictlGn 12~ 11.Z .-Ult) IoN f'Wld'!,. dlrl_y f.llG,OOQ ...,..... .... I'""''' ..... '",SI1 ",so> + ...,..... ,... ~f"*'" t,!IlO.OCO • tapfC.1 PKI'HM-...... ... ~ ..... " r ...... t Et'ltct'pl'i .. fl.rid!J ",380. ()St 5,J60,052 EXHIBIT C Municlpal Fee Schedule Chanqe~: o Finance/Real Estate Diy is ion: Processing Fees (Fee SChedule Page J) Easement vacation -Residential ana Non-Residential current: $150 Proposed: $300 or fair market value, Conveyance of Permit or Temporar.l Lease to CUre an Enc~oachment Onto city Property, Non-Residential CUrrent: $150 Propo&ed: $300 or fair market value, yhiehever is qreater Consent to Assiqn~ent of Lease or Sublease current: $150 Proposed: $300 consent to Rypothecation of Leasehold CUrrent: $150 Proposed: $300 o Police Department. Accident Investigation Fee (Fee SChedule page 26) o Existing Fee: $30 Proposed Fee: Eliminate Police Depart:Joent: SChedule Page 26) Existing Fee: Proposed Fee: Document Retrieval and copy Fee (Fee $19 for 1st 10 Pag~s $11 for 1st 10 Pages o Recreation Division: Swimming Fees (Pee Schedule Paqe 41) SWimming Pool, Non-Resident Adult CUrrel1t : $ 2 • O{) Proposed~ Eliminate Add: Lap SWi~in9 $2.00 for all Swim Coupon Books, Non-Resident adults, lap swiz Current: $20 Proposed: Eliminate Add: SWim Coupons fo~ Lap Swimming for all, (10 tickets) -Residents -Non-residents $12.50 $20.00 , ... '