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HomeMy WebLinkAbout06/15/2010, PH 4 - ADOPTION OF 2010-11 BUDGET C� council Moog Dm June 15,2010 j AQcn0A REpoat pq CITY O F SAN LU IS O B I S P O FROM: Katie Lichtig, City Manager Debbie Malicoat, Acting Director of Finance & Information Technology ' SUBJECT: ADOPTION OF 2010-11 BUDGET RECOMMENDATION Adopt a resolution approving the 2009-11 Financial Plan Supplement and 2010-11 Budget. DISCUSSION Consistent with the City's two year approach to the budgetary process, the 2010-11 Budget presented for formal Council adoption at this time has been prepared using the 2009-11 Financial Plan as its primary foundation. It also incorporates the analysis presented to Council as part of the 2009-10 mid-year review on February 23, 2010; the enterprise fund rate reviews held on June 1, 2010; and other budget changes affecting 2010-11 approved by the Council since the adoption of the 2009-11 Financial Plan such as the community development block grant program. A comprehensive analysis of the significant budget issues facing the City for 2010-11 along with recommended supplemental appropriations are included in the Introduction(under Budget Message and Budget Highlights) of the accompanying Preliminary 2010-11 Budget. In preparing the 2010- 11 Budget the City faced a projected funding gap of about $3 million. This gap was closed by reducing both operating programs and capital improvement projects(CIP). Appropriations for operating programs—day-to-day delivery of services—total $76.6 million for 2010-11 summarized as follows: Operating Programs: 2010-11 Governmental Funds Funds Tot. Public Safety 24,612,500 24,612,500 Public Utilities 18,933,100 18,933,100 Transportation 3,030,200 4,193,800 7,224,000 Leisure, Cultural & Social Services 6,752,100 525,400 7,277,500 Community Development 7,021,100 7,021,100 General Government 7,210,500 4,349,400 11,559,900 Total 1$48,626,400 1$28,001,700 1$76,628,100_ A summary of significant operating program changes – both reductions required to balance the budget and increases needed to maintain basic services–is provided in the Expenditure Summaries part of Section D. N irl Adoption of 2010-11 Budget Page 2 The following chart summarizes the operating reductions recommended in the Financial Plan Supplement by function and funding source. Operating Reductions by Function 2009-10 2010- Public Safety 69,100 173,400 Public Utilities 50,000 Transportation 156,500 226,800 Leisure, Cultural & Social Services 24,600 119,500 Community Development 21,000 135,900 General Government 162,100 130,20.0 Total $433,300 $835,800 operating 6C9 A 0 0 General Fund 311,400 652,900 Parking Fund 12,100 35,500 Transit Fund 100,000 92,400 Golf Fund 9,80.0 5,000 Water Fund 28,000 Sewer Fund 22,000 Total $433,300 $835,800 In addition to the operating program reductions listed above, the Preliminary 2010-11 Budget includes $1.98 million in reductions to capital projects, summarized as follows: Capital Project Savings Bishop/Augusta Creek Bank 28,000 Gateway Paving 500,000 CMP Storm Drains 260,000 CIP Reserve 442,100 ,Completed Projects 747,800 Tota1CIP Reductions $ 1,977,900 In summary,the Preliminary 2010-11 Budget proposes appropriations of$96.7 million as follows: TotalGovernmental Enterprise Funds Funds Operating Programs 48,626,400 28,001,700 76,628,100 CIP 4,581,600 5,434,000 10,015,600 Debt Service 3,016,900 7,068,200 10,085,100 Total $56,224,900 $40,503,9001 $96,728,800 ATTACHMENT Resolution approving the 2009-11 Financial Plan Supplement and adopting the 2010-11 Budget ENCLOSURE Preliminary 2009-11 Financial Plan Supplement and 2010-11 Budget GAFinancc\Budget Folders\Fit=cial Plan Supplements\2010-11\Council Agenda Report,Budget Adoption i I I Attachment, RESOLUTION NO. (2010 Series) A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN LUIS OBISPO APPROVING THE 2009-11 FINANCIAL PLAN SUPPLEMENT AND ADOPTING THE 2010-11 BUDGET WHEREAS, the Council adopted the 2009-11 Financial Plan on June 16, 2009, which established comprehensive financial and policy guidelines for fiscal years 2009-10 and 2010-11; and WHEREAS, the 2009-11 Financial Plan included appropriations for fiscal year 2010-11; and WHEREAS, the Council has reviewed proposed changes to the 2009-11 Financial Plan to be effective for fiscal year 2010-11 after holding noticed public hearings; and WHEREAS, the City Manager has submitted the 2009-11 Financial Plan Supplement and Preliminary 2010-11 Budget to the Council for their review and consideration. NOW, THEREFORE, BE IT RESOLVED that the Council of the City of San Luis Obispo hereby approves the 2009-11 Financial Plan Supplement and adopts the 2010-11 Budget. Upon motion of seconded by , and on the following roll call vote: AYES: NOES: ABSENT: the foregoing resolution was adopted on June 15,.2010. Mayor David F. Romero ATTEST: Elaina Cano,City Clerk APP VED AST ORM: r Christine Dietrick, City Attorney �N �'3 'o G'COUNUL p"CDD DIR RED FILE 11GAe eaY ink ErFIN DIR EYA@A6R55re--*1 W-2TIRE CHIEF M ING AGENDA U- CRNEY a?w DIR ®q Id ITEM # �'N�( ETC-LERK/ORIG a?OLICECHF ❑ DEPT HEADS 2-REC DIR Lr E'UTIL DIR rn- 0-HR On - �— - 11 AW rld(5:5- /C°pud i,lL To: San Luis Obispo City Council From: Jan Howell Marx, City Council Member �r Re: Budget(Public Hearing#4) Date: June 15,2010 In general I support the budget as proposed and commend staff for all the hard work that went into it. However, I cannot support the below four proposed "reductions required to balance the budget"in 2010-2011 because they are Measure Y Priorities and because cutting them would have a"Significant Impact" on public safety service. Preservation of essential services is also a major city goal, and our fire department is certainly an essential service. Firefighter training is not a luxury. The cuts I do not support are: 21. Reduction in overtime for Emergency response personnel.to Attend mandated training(D-27)..........................................9500 22. Reduction in Education and Training.................... ..................2000 23. Reduction in training aids (D-28) .................................... 1500 25. Reduce Special Assignment Engineer training (D-29)...............22500 Because the following cut would eliminate the CERT program, I also will not be supporting: 26. Eliminate Public Education Co-ordinator(D-30)........................6400 $41,900 I plan to move to eliminate the above cuts and ask staff to come back to council with recommendations as to where else to make reductions to balance the budget(unless staff has time to prepare recommendations prior to the council meeting.. RECEIVE® JUN 15 2010 SLO CITY CLERK