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HomeMy WebLinkAbout4/15/2025 Item 6d, Jackson and Malicoat - Staff Agenda CorrespondenceCity of San Luis Obispo, Council Memorandum City of San Luis Obispo Council Agenda Correspondence DATE: April 15, 2025 TO: Mayor and Council FROM: Emily Jackson, Finance Director VIA: Whitney McDonald, City Manager SUBJECT: ITEM 6D – 2025-26 COST ALLOCATION AND LABOR RATES Staff received the following questions, regarding the item seeking adoption of the 2025-26 Cost Allocation Plan, Cost of Services Allocation, and Labor Rates. The questions are below with staff’s response shown in italics: 1. What is the driver of the decrease in costs allocated to the Sewer Fund in FY 2025-26 compared to FY 2024-25? The allocations for each fund vary from year to year, based upon the level of support provided by the General Fund to each Enterprise Fund two years prior. The amount that the Sewer Fund will transfer to the General Fund in FY 2025-26 is $25,349 less than in FY 2024-25 due largely to a reduced amount of support provided by Public Works’ CIP Engineering Program for Sewer Fund projects in FY 2023-24 compared to FY 2022-23. A large number of one-time Sewer Fund projects were under construction in FY 2022-23 that did not carryover (or had limited carryover) of work into FY 2023-24. These projects include the Calle Joaquin Lift Station, Chorro/Murray/Meinecke Sewer Replacement, and Verde Luneta Sewer Replacement projects. The completion of these projects reduced the amount of CIP Engineering support provided to Sewer Fund projects in FY 2023-24, reducing the amount that the Sewer Fund will transfer to the General Fund in FY 2025-26 compared to FY 2024-25.