FY 2024-25 Midyear Budget Review – Staff Report
midpoint, representing 49% of the total current fiscal year budget. The slight decrease compared to budget is primarily due to lower total sales tax revenue. Expenditures are contained but are not sustainable. General Fund expenditures were $12.7 million at the mid-year mark, representing 41% of the total current fiscal year budget, excluding transfers. This reflects the City’s continued fiscal prudence in containing expenditures.
Additionally, current personnel estimates in this mid-year review do not include any projected merit increase as labor agreement negotiations are still on-going, while the budget included merit increase assumptions based on recent trends. After the new labor agreements are finalized, personnel expenditure estimates will be updated with merit increases and compared to the adopted FY 2024-25 budget. Any budget increasesthat are needed will be presented to Council for approval at that time. While the City continues to be a transparent and fiscally prudent steward of these funds, it should also be noted that the cost of providing the City services and quality of life residents rely on are also rising.
Major Revenue Source Trends
Property Tax revenue is higher than budget estimates. The City’s property tax revenue is estimated to be $1.4 million higher than budget, mainly due to the $1.1 million reimbursement received for the VLF shortfall from FY 2022-23. Belmont Fire Protection District’s property tax revenues is overall in line with budget.
Property Tax in-lieu of VLF (VLF) continues to be underfunded by the State. Even though the City received a $1.1 million reimbursement for the VLF shortfall from FY 2022-23 that resulted in increased revenues for the current fiscal year, this one-time increase does not make the City whole on VLF funding for FY 2023-24 and FY 2024-25. Thus far, the State has continued to not budget for payment of VLF shortfalls from FY 2023-24 through current FY 2024-25. For FY 2023-24, the shortfall totals approximately $1.7 million for Belmont, which equates to over 40% of Belmont’s Local 1% Sales Tax revenue, a major revenue source in the General Fund. The VLF shortfall then grows to an estimated $1.8 million for FY 2024-25. The increasing uncertainty of VLF shortfall reimbursements from the State makes this major revenue source more vulnerable to long-term State takeaways, which has potential impacts to basic services such as public safety, streets and storm facility maintenance.
Hotel Room Tax revenue is recovering. By December 31, 2024, Hotel Room Tax (i.e., Transient Occupancy Tax, or TOT) revenue was on par with pre-pandemic levels. Hotel Room Tax revenue is estimated to be $250K higher than budget. While this revenue source is recovering back, it is important to note the increase is partially based the voter approval of the Transient Occupancy Tax adjustment in 2022, and that there is still lost growth from the pre-pandemic years to the current year.
Total Sales Tax revenue is trending down. The Local 1% Sales Tax revenue is estimated to be approximately $108K lower than budget, primarily due to the auto sector cooling off. Measures A/W and Public Safety sales tax are in line with budget, while Measure I is estimated to be $59K lower than budget. A slowdown in consumer spending is observed across sectors as inflationary pressures persist. Long-term projections indicate reduced economic growth during the next several years.
469
FY 2024-25 Midyear Budget Review – Staff Report
Business License Tax is projected to remain constant. Belmont voters approved Measure DD to restructure the City’s business license tax program in November 2024. The new tax structure moves away from a flat tax structure basing business license rates primarily on employee counts and instead establishes rates based on gross receipts from business activity conducted within the City. It also simplified and reduced the number of rate categories from 43 to 4. Changes took effect on January 1, 2025. All businesses' licensing periods (i.e., the “tax period”) have transitioned to January 1 to December 31. An account credit, or a refund by request, gets applied to business licensees’ account for any months in 2025 that was paid for under the old rates. As of January 31, 2025, around 35% of business licensees have completed license renewal, and they have until end of March 2025 to renew. For now, budget estimates remain unchanged, but fiscal impact will be reassessed as more data becomes available during the budget development process for FY 2025-
26. Development Update
As a result of elevated interest rates, escalating construction costs, and high commercial vacancies, there has been a notable slowdown in the development pipeline, both in the commercial and residential sectors.
On the commercial side, two of the four large-scale biotech projects (601 Harbor and 400 Island Parkway) have paused their entitlement applications. The remaining two large-scale commercial projects, 1301 Shoreway and 425 Harbor (BeamReach) are still moving forward with their approvals but do not anticipate starting construction for at least five years, depending on market conditions.
On the residential development front, the 608 Harbor project which was entitled in 2023 is not currently moving forward with construction. The only other market rate housing project still working through the entitlement process is 580 Masonic Avenue. The remainder of the projects in the pipeline are 100% affordable housing projects. Two of these projects, the 800 Belmont Avenue project and the Hill Street and El Camino project, are either under construction or will be later this fiscal year. These projects are critical to help the City meet its required housing obligations; however, they are all exempt from property tax and therefore will not generate any revenue for the City to offset the additional cost required to provide essential City services to the properties and their tenants.
The other major project that is currently under review is the Stanford Campus at Notre Dame de Namur University. This project anticipates a 30-year redevelopment of the existing campus facilities, potentially doubling the on-site square footage. Given the educational use of this property, this development will also be exempt from property tax while incurring additional cost to provide essential City services to the expanded campus and its users. Overall, the fiscal impact of these exempt developments that do not generate ongoing property tax revenue but require ongoing provision of City services will place pressure to the City’s General Fund as cost to provide essential City services continues to rise. 470
FY 2024-25 Midyear Budget Review – Staff Report
Financial Reports and Budget Adjustments
The mid-year review analyzes actual results compared to the prior fiscal year while addressing any significant past or anticipated variances this fiscal year. To assist in this analysis, staff generates a detailed Statement of Revenues and Expenditures Budget Variance Report (Attachment B). This report compares budget amounts vs. actual results by major revenue source and expenditure division. Routine adjustments to budget revenues include variances associated with the timing of the receipt of certain General Fund revenues and variances associated with the timing of the receipt for fees related to development projects.
Routine adjustments to budget expenditures reflect operational and staffing needs for departments and timing of capital improvement project expenditures.
The following are notable FY 2024-25 budget adjustments:
Increase budget transfer from the General Fund to the Recreation Fund by $250K due to lowerthan-expected summer camp and daycare fee revenues. Daycare fee revenue is about $300K lower than FY 2024-25 adopted budget due to higher-than-expected enrollments in TransitionKindergarten offered at no cost by Belmont Redwood Shores School District. Summer camp fee revenue is about $100K lower than FY 2024-25 budget due to relocating Camp SOAR to Barrett Community Center because of the Belmont Creek Restoration Project, thus reducing the number of third-party contract summer programs that usually occur at the Barrett Community Center. The lower revenue estimates get partially offset by lower expenditures estimates, but will still require an increase in the General Fund transfer in order to support operations in the Recreation Fund.
Moving forward, enrollments in recreation programs and related expenditures will be reviewed and adjusted accordingly in the FY 2025-26 budget development process. Adjustments to existing capital improvement program (CIP) project budgets in the Capital Improvement Project Fund to update funding sources as summarized under Capital Improvement Program in Exhibit A. Some notable adjustments include:
CIP Project
No.
CIP Project Name Request
3108 2023 Pavement
Reconstruction Project
Request to transfer budget appropriation
of $150K from CIP Project No. 7092
that has Measure W funding source to
cover remaining construction cost and
labor cost. Project anticipated to
complete this fiscal year.
3231 Traffic Signal Improvement
at Cipriani & Belmont
Canyon
Request to increase budget
appropriation of $68K from the Measure
W Fund to cover construction
contingency cost and labor cost. Project
471
FY 2024-25 Midyear Budget Review – Staff Report
anticipated to complete this fiscal year.
3230 Ralston Avenue Adaptive
Signalization
Request to increase budget
appropriation of $7,200 from the
Measure A Street Improvement Fund to
cover construction contingency cost and
labor cost. Project anticipated to
complete this fiscal year.
8113 Renamed from “Fuel
Reduction Project” to “CAL
FIRE Grant Fuel
Reduction”
This CIP Project No. 8113 is funded by
CAL FIRE Fire Prevention Program
Grant and FEMA Pre-Disaster
Mitigation Grant.
Request to create a new Project No.
8123 and split this Project No. 8113 into
two separate projects by grant funding
sources for fund transparency and
accountability:
- Project No. 8113 renamed to "CAL
FIRE Grant Fuel Reduction"
- Transfer budget appropriation of
$190K from Project No. 8113 to new
Project No. 8123 "FEMA Grant Fuel
Reduction".
8123 FEMA Grant Fuel
Reduction (new project)
Create new Project No. 8123 named
"FEMA Grant Fuel Reduction" with
budget appropriation of $190K transfer
from Project No. 8113 "CAL FIRE
Grant Fuel Reduction".
Proposed Resolutions
Staff recommends that Council adopt resolutions amending the City of Belmont and Belmont Fire Protection District FY 2024-25 budgets as proposed in Attachment A. These mid-year resolutions are considered annually as part of the budget management process.
Next Steps
Feedback from Council on the results of the mid-year financial reports and presentation will help guide the budget development process for FY 2025-26. The City will also continue to engage residents on their City service needs and priorities and incorporate those into the annual budget development process. 472
FY 2024-25 Midyear Budget Review – Staff Report
Alternatives
1. Take no action.
Attachments
A. Resolutions
a. City of Belmont – Mid Year Resolution with Exhibit A Summarizing Proposed Budget Amendments by Fund
b. Belmont Fire Protection District – Mid Year Resolution with Exhibit A Summarizing Proposed Budget Amendments by Fund
B. Mid-Year Financial Reports
C. Mid-Year Budget Presentation
Fiscal Impact
☐ No Fiscal Impact
☒ Funding Source Confirmed: The resolutions attached to this report itemize the fiscal impacts by fund.
Source: Purpose: Public Outreach:
Staff Discretionary Action Posting of Agenda
473
EXHIBIT A
City of Belmont
Mid-Year Budget Augmentations
Ref # Fund Account # Description Revenue / Expenditure
Increase
(Decrease)
Revenue
277 5-902-6996 Increase Housing Impact Fee revenue based on development project actuals (1041 Hill Street) Revenue $47,003
Expenditure
210 5-904-8351
Increase to cover cost of supplemental plan check and inspector services ($200K), and document scanning services to digitize Permit Center Records ($20K)
Expenditure $220,000
212 5-906-8351 Increase for safety element update contribution per the MOU agreement with the County of San Mateo Expenditure $51,704 Expenditure
101 1-121-8101 Increase for salary adjustment to implement new labor agreement Expenditure $22,000 Expenditure
101 1-111-8101 Increase for salary adjustment to implement new labor agreement Expenditure $120,986 101 1-111-8351 Increase expense to account for policy advocacy services and annual minimum wage mailer Expenditure $19,000
Revenue
101 0-000-6111
Increase Property Tax In Lieu of VLF revenues to reflect $1.07M reimbursement of the FY 2022-23 shortfall, and a $294K increased projection for FY2024-25 based on County's latest estimates Revenue $1,367,310
101 0-000-6105 Decrease supplemental property tax based on County estimates Revenue ($35,000) 101 0-000-6121 Decrease Sales and Use Tax based on current trends and updated projections Revenue ($108,399)
101 0-000-6125 Increase Transient Occupancy Tax revenue based on current trends Revenue $250,000 101 0-000-6129 Increase property transfer tax based on current property sales trends Revenue $40,000 101 0-000-6132 Increase Garbage Franchise Taxes based on year to date revenues Revenue $90,513 101 0-000-6133 Decrease Cable TV Franchise Taxes based on year to date revenues Revenue ($36,985) 101 0-000-7111 Increase to reflect year to date interest revenues Revenue $178,758 Expenditure
101 2-601-8351 Increase other professional/tech expense due to higher purchase cost of drones (12K); increase lab processing fee for homicide case ($10K) Expenditure $22,000 101 2-601-8353 Increase pre-employment services cost due to expected new hires in January to June 2025 Expenditure $40,000
101 2-601-8580 Increase training cost for police academy training for new hires Expenditure $40,000 Expenditure
573 0-000-9040 Increase to purchase corporation yard gate Expenditure $60,000 101 1-401-8351 Increase for investigative services Expenditure $40,000 Police
FY 2024-25
Community Development
Finance
City Manager
City Attorney
Administrative Services
Exhibit A - COB Resolution 4741
EXHIBIT A
City of Belmont
Mid-Year Budget Augmentations
Ref # Fund Account # Description Revenue / Expenditure
Increase
(Decrease)
FY 2024-25
Revenue
102 3-730-6122 Decrease in Measure I Sales Tax based on current trends Revenue ($59,368) 231 3-750-6321 Increase projection of highway user taxes (HUT) based on latest State Department of Finance revenue projections Revenue $4,438 231 3-750-6322 Increase projection of highway user taxes (HUT) based on latest State Department of Finance revenue projections Revenue $3,299 231 3-750-6323 Increase projection of highway user taxes (HUT) based on latest State Department of Finance revenue projections Revenue $5,733 231 3-750-6325 Increase projection of highway user taxes (HUT) based on latest State Department of Finance revenue projections Revenue $6,206 232 3-730-6326 Increase projection of RMRA revenues based on latest State Department of Finance revenue projections Revenue $18,151
234 3-730-6380 Decrease CIP revenue in Fund 234 for Project 3232 - Hill Street to Caltrain Hawk Signal. Revenue was accounted for in CIP Fund 399 Revenue ($384,680) 237 0-000-6998 Increase Traffic Impact Fees revenue to reflect actual timing of development project permit issuance Revenue $125,000
501 3-710-6805 Increase Sewer Use Fees based on the latest Levy report for Sewer Service and Facility Charges Revenue $184,110
Expenditure
503 3-730-8351 Increase to make yield reduction payment for 2019 Sewer Revenue Bonds Expenditure $173,351
507 3-730-8351 Increase of bond administration expenses based on past actuals Expenditure $25,000 Revenue
205 4-822-6941
Daycare fee revenue is about $300K lower than FY 2024-25 adopted budget due to higher-than-expected enrollments in TransitionKindergarten offered at no cost by Belmont Redwood Shores School District
Revenue ($298,000)
205 4-824-6921
Summer camp fee revenue is about $100K lower than FY 2024-25 budget due to relocating Camp SOAR to Barrett Community Center because of the Belmont Creek Restoration Project, thus reducing the number of third-party contract summer programs that usually occur at the Barrett Community Center
Revenue ($100,000)
205 1-504-7601 Increase transfer by $250,000 from General Fund 101 due to lower than expected summer camp and daycare fee revenues Revenue $250,000 Expenditure
101 1-504-9602 Increase transfer by $250,000 to Recreation Fund 205 due to lower than expected summer camp and daycare fee revenues Expenditure $250,000 101 4-811-8358 Higher tree trimming costs due to planned tree removals carried over from the previous year. Expenditure $30,000
101 4-811-8411 Water bills are higher than budgeted due to changes in the rate structure and an increase in rates. Expenditure $40,000 101 4-811-8430 Replacement of Belmont Sport Complex north field restroom ($8,000) and pedestal ($12,000) Expenditure $20,000
574 4-801-8423 Increase $23,851 to extend service agreement with Bamacor, Inc. for custodial services, split 50/50 into division 801 and 803 Expenditure $11,926 574 4-803-8423 Increase $23,851 to extend service agreement with Bamacor, Inc. for custodial services, split 50/50 into division 801 and 803 Expenditure $11,926 Public Works
Parks and Recreation
Exhibit A - COB Resolution 4752
EXHIBIT A
City of Belmont
Mid-Year Budget Augmentations
Ref # Fund Account # Description Revenue / Expenditure
Increase
(Decrease)
FY 2024-25
399 1-504-7608 Revenue $7,200
399 3-730-9030 Expenditure $7,200
234 1-504-9623 Expenditure $7,200
399 1-504-7620 Revenue $68,000
399 3-730-9030 Expenditure $68,000
233 1-504-9623 Expenditure $68,000
399 1-504-7619 Revenue ($237,234)
399 1-504-7678 Revenue $237,234
102 1-504-9623 Expenditure $237,234
232 1-504-9623 Expenditure ($237,234)
399 3-760-6359 Revenue $4,000,000
399 3-760-6319 Revenue ($4,000,000)
399 1-504-7618 Revenue ($52,609)
399 1-504-7616 Revenue $52,609
343 1-504-9623 Expenditure $52,609
223 1-504-9623 Expenditure ($52,609)
CIP#
3108
CIP #3108 - 2023 Pavement Reconstruction Project
Request to transfer budget appropriation of $150K from CIP Project No. 7092 that has Measure W funding source to cover remaining construction cost and labor cost. Project anticipated to complete this fiscal year.
Transfer appropriation from CIP Project #3108 to CIP Project #7092 has no net impact to CIP Fund 399
CIP#
3230
CIP #3230 - Ralston Avenue Adaptive Signalization
Request to increase budget appropriation of $7,200 from the Measure A Street Improvement Fund to cover construction contingency cost and labor cost. Project anticipated to complete this fiscal year CIP#
8113
and
8123
CIP Project No. 8113 is funded by CAL FIRE Fire Prevention Program Grant and FEMA Pre-Disaster Mitigation Grant. Request to create a new Project No. 8123 and split this Project No. 8113 into two separate projects by grant funding sources for fund transparency and accountability:
- CIP #8113 renamed to "CAL FIRE Grant Fuel Reduction"
- Transfer budget appropriation of $190K from Project No. 8113 to new Project No. 8123 "FEMA Grant Fuel Reduction".
- CIP #8123 (New Project) named "FEMA Grant Fuel Reduction" with budget appropriation of $190K transfer from Project No. 8113 "CAL FIRE Grant Fuel ReducƟon".
Transfer appropriation from CIP Project #8113 to CIP Project #8123 has no net impact to CIP Fund 399
CIP#
8096
Transfer appropriation of $52,609 from Open Space Fund 343 to BFPD Fund 223 to correct funding source for CIP Project No. 8096 based on approved budget
Capital Improvement Program
CIP#
6025
Transfer appropriation of $4 million from Federal Grant to State Grant for CIP Project No. 6025 to correct funding source
CIP#
3108
Transfer appropriation of $237,234 from Measure I Fund 102 to RMRA Fund 232 to correct funding source for CIP Project No. 3108 based on approved budget
CIP#
3231
CIP #3231 - Traffic Signal Improvement at Cipriani & Belmont Canyon Request to increase budget appropriation of $68K from the Measure W Fund to cover construction contingency cost and labor cost. Project anticipated to complete this fiscal year
Exhibit A - COB Resolution 4763
EXHIBIT A
City of Belmont
Mid-Year Budget Augmentations
Ref # Fund Account # Description Revenue / Expenditure
Increase
(Decrease)
FY 2024-25
399 1-504-7672 Revenue ($156,033)
503 1-504-9623 Expenditure ($156,033)
399 1-504-7672 Revenue ($188,905)
399 1-504-7674 Revenue $188,905
503 1-504-9623 Expenditure $188,905
525 1-504-9623 Expenditure ($188,905)
399 1-504-7674 Revenue $13,211
525 1-504-9623 Expenditure $13,211
TOTAL REVENUE ADJUSTMENT $1,480,467
TOTAL EXPENDITURE ADJUSTMENT $1,205,470
Multi
ples
Transfer net appropriation of $156,033 from CIP Fund 399 to Sewer Collections Fund 503 to correct funding sources for the following CIP projects based on approved budget:
- transfer $15,663 from CIP Fund 399 to Sewer Collections Fund 503 for CIP Project No. 3219
- transfer $116,029 from CIP Fund 399 to Sewer Collections Fund 503 for CIP Project No. 6025
- transfer $24,700 from CIP Fund 399 to Sewer Collections Fund 503 for CIP Project No. 8113
- transfer $358 from Sewer Collections Fund 503 to CIP Fund 399 for CIP Project No. 7090
Multi
ples
Transfer net appropriation of $13,211 from Storm Drainage Fund 525 to CIP Fund 399 to correct funding sources for the following CIP projects based on approved budget:
- transfer $1,790 from Storm Drainage Fund 525 to CIP Fund 399 for CIP Project No. 6001
- transfer $11,421 from Storm Drainage Fund 525 to CIP Fund 399 for CIP Project No. 6046
Transfer net appropriation of $188,905 from Sewer Collections Fund 503 to Storm Drainage Fund 525 to correct funding sources for the following CIP projects based on approved budget:
- transfer $165,699 from Sewer Collections Fund 503 to Storm Drainage Fund 525 for CIP Project No. 7074
- transfer $23,206 from Sewer Collections Fund 503 to Storm Drainage Fund 525 for CIP Project No. 7086
Multi
ples
Exhibit A - COB Resolution 4774
RESOLUTION NO. 2025 –
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BELMONT FIRE PROTECTION DISTRICT AMENDING THE FISCAL YEAR 2024-25 BUDGET BY
APPROVING REVISIONS TO REVENUE AND AUTHORIZING SUPPLEMENTAL
APPROPRIATIONS
WHEREAS, the Belmont Fire Protection District (BFPD) fiscal year (FY) 2024-25 budget includes adopted revenue and appropriations; and, WHEREAS, based on data collected in the first six months of FY 2024-25, year-end estimates are developed and compared to the adopted budget; and, WHEREAS, the Board of Directors finds that it is necessary to amend the FY 2024-25 revenue budget, appropriations budget, and the estimated fund balance, as identified in Exhibit A; and,
NOW, THEREFORE, the Board of Directors of the Belmont Fire Protection District resolves as follows:
SECTION 1. The FY 2024-25 budget is hereby amended as reflected in Exhibit A.
SECTION 2. The summary effect on funds is shown in the table below.
Summary Combined Effect on Funds
Fund Description
Revenues
Increase/
(Decrease)
Expenditures
Increase/
(Decrease)
Transfer
In/(Out)
Net Change
on
Fund Balance
Increase/
(Decrease)
223 Belmont Fire Protection
District
337,000 35,000 52,609 354,609
478
* * *
ADOPTED February 11, 2025 by the Board of Directors of the Belmont Fire Protection District by the following vote:
Ayes:
Noes:
Absent:
Abstain:
ATTEST:
City Clerk Mayor
APPROVED AS TO FORM:
City Attorney
479
EXHIBIT A
Ref # Fund Account # Description Revenue / Expenditure
Amount
Increase
(Decrease)
Revenue
223 0-000-6101 Increase property tax based on County estimates Revenue $60,000 223 0-000-6103 Increase unsecured property tax based on County estimates Revenue $57,000 223 0-000-6105 Decrease supplemental property tax based on County estimates Revenue ($65,000) 223 0-000-7111 Increase to reflect year to date interest revenues Revenue $285,000 Expenditure
223 2-119-8519 Increase in OPEB/retiree health contribution due to higher health premium Expenditure $35,000
TOTAL REVENUE ADJUSTMENT $337,000
TOTAL EXPENDITURE ADJUSTMENT $35,000
Fire
Belmont Fire Protection District
FY 2024-25
Mid-Year Budget Augmentations
Exhibit A - BFPD Resolution 4801
Adjusted YTD YTD Remaining 12/31/2023
Fund Division Description Budget Actual % Budget Actual 101 101 CITY COUNCIL 431,498 $ 199,025 $ 46% 232,473 $ 150,096 $ 101 102 CONTINGENCY 250,000 0% 250,000
101 111 EXECUTIVE MANAGEMENT 1,730,192 967,638 56% 762,554 726,123 101 114 CITY CLERK 548,824 277,118 50% 271,706 275,691
101 121 CITY ATTORNEY 641,998 339,757 53% 302,241 311,223 101 202 CITY CLERK-ELECTIONS 163,500 10,380 6% 153,120
101 401 HUMAN RESOURCES 1,127,474 558,614 50% 568,860 493,161 101 501 FINANCIAL OPERATIONS 1,746,460 799,317 46% 947,143 710,176 101 502 FINANCIAL PLANNING & REPORTING 1,001,576 432,329 43% 569,247 458,893 101 503 RISK MANAGEMENT 196,788 99,649 51% 97,139 95,365 101 504 OPERATING TRANSFERS 4,700,000 0% 4,700,000 12,246 101 600 LAW ENFORCEMENT ADMINISTRATION 2,463,819 1,208,237 49% 1,255,582 1,234,535 101 601 CRIME CONTROL 10,014,897 4,867,243 49% 5,147,654 4,948,271 101 602 TRAFFIC & COMMUNITY SAFETY 1,498,532 618,047 41% 880,485 738,730 101 604 SUPPORT SERVICES 2,007,161 913,237 45% 1,093,924 819,568 101 811 PARKS AND OPEN SPACES 2,820,602 1,437,697 51% 1,382,905 1,203,532 GENERAL FUND 31,343,321 12,728,288 41% 12,177,610 18,615,033 102 730 IMPROVEMENT PROJECTS N/A - (158,958)
102 504 OPERATING TRANSFERS 8,230,831 2,749,378 33% 5,481,452 1,679,299 MEASURE I 8,230,831 2,749,378 33% 1,520,341 5,481,452
205 820 RECREATION ADMINISTRATION 554,999 264,835 48% 290,164 311,601 205 822 COMMUNITY LEARNING CENTER 1,374,358 683,195 50% 691,163 591,278 205 823 SENIOR SERVICES 642,531 274,595 43% 367,936 268,088 205 824 YOUTH AND TEENS RECREATION 1,372,470 671,882 49% 700,588 539,020 205 825 AQUATICS RECREATION 140,742 82,411 59% 58,331 60,389 RECREATION 4,085,100 1,976,918 48% 1,770,376 2,108,182
206 504 OPERATING TRANSFERS 500,000 0% 500,000
206 801 FACILITIES MANAGEMENT 472,458 202,162 43% 270,296 188,234 LIBRARY MAINTENANCE/OPERATION 972,458 202,162 21% 188,234 770,296 207 504 OPERATING TRANSFERS 210,000 0% 210,000
207 812 ATHLETIC FIELD MAINTENANCE 143,800 69,562 48% 74,238 48,975 ATHLETIC FIELD MAINTENANCE 353,800 69,562 20% 48,975 284,238 208 811 PARKS AND OPEN SPACES 76,280 22,464 29% 53,816 48,963 208 504 OPERATING TRANSFERS 60,000 0% 60,000
CITY TREES 136,280 22,464 16% 48,963 113,816
209 803 RECREATIONAL FACILITIES 500 0% 500
209 811 PARKS AND OPEN SPACES 500 0% 500
209 812 ATHLETIC FIELD MAINTENANCE 500 0% 500
209 820 RECREATION ADMINISTRATION 1,000 0% 1,000
209 822 COMMUNITY LEARNING CENTER 500 0% 500
209 823 SENIOR SERVICES 5,000 0% 5,000
209 824 YOUTH AND TEENS RECREATION 1,000 0% 1,000
209 825 AQUATICS RECREATION 500 0% 500
RECREATION DONATION 9,500 - 0% - 9,500
As of 12/31/2024
CITY OF BELMONT
Statement of Revenues and Expenditures
Budget Variance Report
December 31, 2024
Expenditures
Attachment B - FY 2024-25 - MYR Variance Report Page 1 481 Adjusted YTD YTD Remaining 12/31/2023
Fund Division Description Budget Actual % Budget Actual As of 12/31/2024
CITY OF BELMONT
Statement of Revenues and Expenditures
Budget Variance Report
December 31, 2024
Expenditures
210 780 PUBLIC WORKS DEVELOPMENT 1,891,955 800,811 42% 1,091,144 797,723 210 904 PERMIT CENTER 2,336,880 1,179,851 50% 1,157,029 933,998 210 905 DEVELOPMENT REVIEW 2,752,331 1,225,078 45% 1,527,252 962,772 DEVELOPMENT SERVICES 6,981,166 3,205,740 46% 2,694,492 3,775,426 212 905 DEVELOPMENT REVIEW N/A - 186
212 906 GENERAL PLAN MAINTENANCE 1,368,945 559,985 41% 808,960 414,722 GENERAL PLAN MAINTENANCE 1,368,945 559,985 41% 414,907 808,960 223 115 FIRE SERVICES 11,189,430 7,953,010 71% 3,236,420 7,645,521 223 118 BSCFD LEGACY COSTS 1,880,403 1,875,176 100% 5,227 1,682,332 223 504 OPERATING TRANSFERS 401,600 (33,805) -8% 435,405 24,171 223 119 BFD LEGACY COSTS 475,691 432,508 91% 43,183 48,425 BELMONT FIRE PROTECTION DISTRICT 13,947,124 10,226,889 73% 9,400,448 3,720,235 225 600 LAW ENFORCEMENT ADMINISTRATION 4,000 0% 4,000
225 601 CRIME CONTROL 5,000 0% 5,000 326
PUBLIC SAFETY GRANTS 9,000 - 0% 326 9,000
227 601 CRIME CONTROL 87,110 47,969 55% 39,141 61,933
SUPPLEMENTAL LAW ENFORCEMENT 87,110 47,969 55% 61,933 39,141 231 701 PLANNING & PROJECT MANAGEMENT 541,117 292,598 54% 248,519 278,962 231 750 STREET MAINTENANCE 1,390,751 655,120 47% 735,631 656,690 231 751 TRAFFIC/ELECTRICAL OPERATIONS 666,892 271,208 41% 395,684 282,603 STREET MAINTENANCE 2,598,760 1,218,925 47% 1,218,256 1,379,835 232 504 OPERATING TRANSFERS 1,682,371 247,870 15% 1,434,501 540 232 730 IMPROVEMENT PROJECTS N/A -
RMRA STREET PROJECTS 1,682,371 247,870 15% 540 1,434,501 233 504 OPERATING TRANSFERS 2,950,000 85,614 3% 2,864,386 233 730 IMPROVEMENT PROJECTS N/A -
MEASURE W 2,950,000 85,614 3% - 2,864,386
234 504 OPERATING TRANSFERS 3,400,029 247,938 7% 3,152,091 33,719 234 730 IMPROVEMENT PROJECTS 69,563 35,038 50% 34,525 37,456 STREET IMPROVEMENT 3,469,592 282,975 8% 71,175 3,186,616 239 504 OPERATING TRANSFERS 10,000 0% 10,000
PUBLIC ART 10,000 - 0% - 10,000
275 902 HOUSING 1,573,916 199,861 13% 1,374,055 129,804 HOUSING SUCCESSOR 1,573,916 199,861 13% 129,804 1,374,055 277 902 HOUSING N/A -
INCLUSIONARY HOUSING FUND - - N/A - -
308 504 OPERATING TRANSFERS 586,234 11,161 2% 575,073
308 802 GENERAL FACILITIES IMPROVEMENT 7,076 4,341 61% 2,735 5,451 GENERAL FACILITIES 593,310 15,502 3% 5,451 577,807
Attachment B - FY 2024-25 - MYR Variance Report Page 2 482 Adjusted YTD YTD Remaining 12/31/2023
Fund Division Description Budget Actual % Budget Actual As of 12/31/2024
CITY OF BELMONT
Statement of Revenues and Expenditures
Budget Variance Report
December 31, 2024
Expenditures
310 504 OPERATING TRANSFERS 3,263,019 (172,162) -5% 3,435,181 208,196 310 760 EMERGENCY REPAIR 34 N/A (34)
INFRASTRUCTURE 3,263,019 (172,127) -5% 208,196 3,435,146 312 303 COMCAST PEG PROGRAM N/A -
312 504 OPERATING TRANSFERS 120,000 0% 120,000
COMCAST 120,000 - 0% - 120,000
341 504 OPERATING TRANSFERS 27,799 394 1% 27,405
341 810 PARK IMPROVEMENT PROJECTS 672,063 336,031 50% 336,032 336,172 PLANNED PARK 699,862 336,425 48% 336,172 363,437
342 810 PARK IMPROVEMENT PROJECTS N/A -
342 504 OPERATING TRANSFERS 663,000 0% 663,000
PARK IMPACT 663,000 - 0% - 663,000
343 504 OPERATING TRANSFERS 51,299 52,609 103% (1,310)
343 810 PARK IMPROVEMENT PROJECTS N/A - -
OPEN SPACE 51,299 52,609 103% - (1,310)
406 502 FINANCIAL PLANNING & REPORTING 681,615 558,356 82% 123,259 534,859 LIBRARY BOND DEBT SERVICE 681,615 558,356 82% 534,859 123,259 399 302 IT CAPITAL 479,951 0% 479,951 71,766
399 303 COMCAST PEG PROGRAM 120,000 45,352 38% 74,648
399 501 FINANCIAL OPERATIONS 50,000 0% 50,000
399 710 SEWER UTILITY 427,482 0% 427,482
399 730 IMPROVEMENT PROJECTS 41,587,872 5,493,767 13% 36,094,106 2,966,483 399 760 EMERGENCY REPAIR 12,959,906 328,038 3% 12,631,868 238,583 399 801 FACILITIES MANAGEMENT 500,000 0% 500,000
399 802 GENERAL FACILITIES IMPROVEMENT 1,212,841 11,161 1% 1,201,680 12,246 399 803 RECREATIONAL FACILITIES 194,422 35,278 18% 159,144 57,315 399 810 PARK IMPROVEMENT PROJECTS 601,799 36,106 6% 565,692 24,171 399 811 PARKS AND OPEN SPACES 423,732 0% 423,732
399 812 ATHLETIC FIELD MAINTENANCE 210,000 0% 210,000
CIP FUND 58,768,005 5,949,702 10% 3,370,563 52,818,304
501 701 PLANNING & PROJECT MANAGEMENT 1,043,742 463,289 44% 580,453 418,585 501 710 SEWER UTILITY 6,703,216 3,058,286 46% 3,644,931 3,314,580 SEWER ENTERPRISE - OPERATIONS 7,746,958 3,521,575 45% 3,733,165 4,225,383 503 730 IMPROVEMENT PROJECTS 2,512,541 1,302,569 52% 1,209,972 1,099,822 503 504 OPERATING TRANSFERS 23,356,892 6,594,830 28% 16,762,062 1,176,846 SEWER ENTERPRISE - CAPITAL 25,869,433 7,897,400 31% 2,276,668 17,972,033 505 730 IMPROVEMENT PROJECTS N/A -
505 504 OPERATING TRANSFERS 3,555,029 680,575 19% 2,874,454 SEWER ENTERPRISE-TREATMENT PLANT 680,575 3,555,029 19% - 2,874,454 507 730 IMPROVEMENT PROJECTS 5,349,705 2,697,878 50% 2,651,827 2,117,700 SEWER TREATMENT FACILITY 5,349,705 2,697,878 50% 2,117,700 2,651,827 Attachment B - FY 2024-25 - MYR Variance Report Page 3 483 Adjusted YTD YTD Remaining 12/31/2023
Fund Division Description Budget Actual % Budget Actual As of 12/31/2024
CITY OF BELMONT
Statement of Revenues and Expenditures
Budget Variance Report
December 31, 2024
Expenditures
525 504 OPERATING TRANSFERS 1,065,105 (158,727) -15% 1,223,832 67,227 525 701 PLANNING & PROJECT MANAGEMENT 481,553 225,408 47% 256,145 198,675 525 720 DRAINAGE/WATER POLLUTION CNTRL 1,578,336 735,283 47% 843,053 736,170 525 730 IMPROVEMENT PROJECTS 104 52 50% 52 8,585
STORM DRAINAGE 3,125,098 802,015 26% 1,010,658 2,323,082 530 770 SOLID WASTE MANAGEMENT 383,265 161,121 42% 222,144 170,897 530 813 LITTER CONTROL 225,101 110,410 49% 114,691 92,927 SOLID WASTE 608,366 271,531 45% 263,824 336,835
570 503 RISK MANAGEMENT 852,007 756,151 89% 95,856 685,783 WORKERS' COMPENSATION 852,007 756,151 89% 685,783 95,856 571 503 RISK MANAGEMENT 1,393,402 786,698 56% 606,704 629,759 LIABILITY INSURANCE 1,393,402 786,698 56% 629,759 606,704 572 503 RISK MANAGEMENT N/A - (4,287)
SELF-FUNDED VISION - - N/A (4,287) -
573 0 2,010,587 151,478 8% 1,859,109
573 301 INFORMATION TECHNOLOGY 3,305,505 1,633,420 49% 1,672,085 1,528,393 573 302 IT CAPITAL 1,014 507 50% 507 165,921
573 504 OPERATING TRANSFERS 475,000 0% 475,000
573 740 FLEET MANAGEMENT 1,161,129 575,725 50% 585,404 672,456 573 751 TRAFFIC/ELECTRICAL OPERATIONS 500 252 50% 248
FLEET & EQUIPMENT MANAGEMENT 6,953,735 2,361,383 34% 2,366,770 4,592,352 574 504 OPERATING TRANSFERS 544,422 35,278 6% 509,144 38,485 574 801 FACILITIES MANAGEMENT 1,530,171 837,150 55% 693,021 862,140 574 803 RECREATIONAL FACILITIES 1,074,001 480,808 45% 593,193 404,309 FACILITIES MANAGEMENT 3,148,594 1,353,237 43% 1,304,934 1,795,358 575 503 RISK MANAGEMENT 1,585,849 496,681 31% 1,089,168 801,873 BENEFIT PREFUNDING 1,585,849 496,681 31% 801,873 1,089,168 TOTAL EXPENDITURES $ 62,190,192 204,837,558 $ 30% 142,647,366 $ 49,388,470 $ Attachment B - FY 2024-25 - MYR Variance Report Page 4 484 Adjusted YTD YTD Remaining 12/31/2023
Fund Account Description Budget Actual % Budget Actual
101 6100 PROPERTY TAXES $ 7,244,752 12,035,307 $ 60% 4,790,555 $ 6,389,550 $ 101 6200 SALES TAXES 1,224,013 3,998,914 31% 2,774,901 1,318,869 101 6300 OTHER TAXES 2,625,866 6,123,503 43% 3,497,637 2,554,102 101 6200 LICENSES AND PERMITS 515,060 1,215,275 42% 700,215 433,167 101 6300 INTERGOVERNMENTAL 227,413 366,398 62% 138,985 243,393 101 6400-6999 SERVICE CHARGES 2,207,929 4,318,251 51% 2,110,322 2,212,164 101 7100 FINES AND FORFEITURES 47,232 144,237 33% 97,005 62,963 101 7100 USE OF MONEY AND PROPERTY 1,206,035 1,738,208 69% 532,173 1,810,295 101 7200 MISCELLANEOUS 12,360 320,897 4% 308,537 15,351 101 7600 OPERATING TRANSFERS IN - 1,204,633 0% 1,204,633 - GENERAL FUND 15,310,659 31,465,623 49% 15,039,855 16,154,964 102 6200 SALES TAXES 725,220 2,335,338 31% 1,610,118 819,206 102 7100 USE OF MONEY AND PROPERTY 74,510 138,180 54% 63,670 66,332 102 7200 MISCELLANEOUS 3,900 - N/A (3,900) -
MEASURE I 803,630 2,473,518 32% 885,537 1,669,888
205 6300 INTERGOVERNMENTAL 18,504 61,000 30% 42,496 21,028 205 6400-6999 SERVICE CHARGES 885,569 2,562,300 35% 1,676,731 833,332 205 7100 USE OF MONEY AND PROPERTY 2,819 - N/A (2,819) 728 205 7200 MISCELLANEOUS 19,081 12,000 159% (7,081) 9,796 205 7600 OPERATING TRANSFERS IN - 1,500,000 0% 1,500,000 - RECREATION 925,973 4,135,300 22% 864,883 3,209,327
206 6100 TAXES 156,412 312,802 50% 156,390 156,401
206 7100 USE OF MONEY AND PROPERTY 15,435 28,850 54% 13,415 13,245 LIBRARY MAINTENANCE/OPERATION 171,847 341,652 50% 169,647 169,805 207 6400-6999 SERVICE CHARGES 79,417 150,000 53% 70,584 52,587 207 7100 USE OF MONEY AND PROPERTY 8,366 14,530 58% 6,164 6,529 ATHLETIC FIELD MAINTENANCE 87,783 164,530 53% 59,116 76,747 208 6400-6999 SERVICE CHARGES 2,591 10,000 26% 7,409 6,775 208 7100 USE OF MONEY AND PROPERTY 4,983 10,290 48% 5,307 4,878 208 7200 MISCELLANEOUS - - N/A - 15,538
CITY TREES 7,574 20,290 37% 27,191 12,716
209 7100 USE OF MONEY AND PROPERTY 2,013 3,530 57% 1,517 1,624 209 7200 MISCELLANEOUS 7,218 7,000 103% (218) -
SENIOR SERVICES DONATION 9,231 10,530 88% 1,624 1,299
210 6200 LICENSES AND PERMITS 1,696,610 2,385,000 71% 688,390 1,387,496 210 6400-6999 SERVICE CHARGES 1,933,369 3,403,500 57% 1,470,131 1,686,742 210 7100 USE OF MONEY AND PROPERTY 50,739 94,140 54% 43,401 44,950 210 7200 MISCELLANEOUS 5,033 300 1678% (4,733) 665,182
210 7600 OPERATING TRANSFERS IN - 1,000,000 0% 1,000,000 - DEVELOPMENT SERVICES 3,685,752 6,882,940 54% 3,784,369 3,197,188 212 6300 INTERGOVERNMENTAL - - N/A - -
212 6400-6999 SERVICE CHARGES 193,955 450,000 43% 256,045 263,675 212 7100 USE OF MONEY AND PROPERTY 28,709 53,430 54% 24,721 26,215 GENERAL PLAN MAINTENANCE 222,664 503,430 44% 289,890 280,766 as of 12/31/2024
Statement of Revenues and Expenditures
CITY OF BELMONT
December 31, 2024
Revenues
Budget Variance Report
Attachment B - FY 2024-25 - MYR Variance Report Page 5 485 Adjusted YTD YTD Remaining 12/31/2023
Fund Account Description Budget Actual % Budget Actual
as of 12/31/2024
Statement of Revenues and Expenditures
CITY OF BELMONT
December 31, 2024
Revenues
Budget Variance Report
223 6100 TAXES 9,080,832 17,855,529 51% 8,774,697 8,642,243 223 6300 INTERGOVERNMENTAL 6,415 94,110 7% 87,695 31,574 223 7100 USE OF MONEY AND PROPERTY 783,428 734,750 107% (48,678) 1,230,847 223 7200 MISCELLANEOUS 3,597 - N/A (3,597) 94
BELMONT FIRE PROTECTION DISTRICT 9,874,271 18,684,389 53% 9,904,757 8,810,118 225 7100 USE OF MONEY AND PROPERTY 748 1,170 64% 422 526 225 7200 MISCELLANEOUS 452 - N/A (452) -
PUBLIC SAFETY GRANTS 1,201 1,170 103% 526 (31)
227 6300 INTERGOVERNMENTAL 134,085 172,271 78% 38,186 125,762 227 7100 USE OF MONEY AND PROPERTY 2,218 2,560 87% 342 1,000 227 7600 OPERATING TRANSFERS IN - - N/A - -
SUPPLEMENTAL LAW ENFORCEMENT 136,303 174,831 78% 126,762 38,528 231 6300 INTERGOVERNMENTAL 366,506 783,493 47% 416,987 350,788 231 6400-6999 SERVICE CHARGES 382,441 375,563 102% (6,878) 282,216 231 7100 USE OF MONEY AND PROPERTY 31,565 - N/A (31,565) (5,911) 231 7200 MISCELLANEOUS 200 - N/A (200) 400
231 7600 OPERATING TRANSFERS IN - 1,500,000 0% 1,500,000 - STREET MAINTENANCE 780,712 2,659,056 29% 627,493 1,878,344 232 6300 INTERGOVERNMENTAL 324,336 719,785 45% 395,449 287,230 232 7100 USE OF MONEY AND PROPERTY 9,044 31,190 29% 22,146 12,712 RMRA STREET PROJECTS 333,381 750,975 44% 299,942 417,594 233 6100 TAXES 136,996 417,933 33% 280,937 135,474
233 6300 INTERGOVERNMENTAL - - N/A - -
233 7100 USE OF MONEY AND PROPERTY 48,468 71,840 67% 23,372 31,862 233 7600 OPERATING TRANSFERS IN - - N/A - -
MEASURE W 185,463 489,773 38% 167,336 304,310
234 6100 TAXES 387,773 938,257 41% 550,484 394,196
234 6200 LICENSES AND PERMITS 3,180 - N/A (3,180) -
234 6300 INTERGOVERNMENTAL 41,398 492,680 8% 451,282 170,850 234 7100 USE OF MONEY AND PROPERTY 62,703 87,720 71% 25,017 38,410 234 7200 MISCELLANEOUS 13,274 - N/A (13,274) 11,597
234 7600 OPERATING TRANSFERS IN - - N/A - -
STREET IMPROVEMENT 508,329 1,518,657 33% 615,053 1,010,328 237 6400-6999 SERVICE CHARGES 153,520 28,379 541% (125,141) - 237 7100 USE OF MONEY AND PROPERTY 2,843 3,690 77% 847 1,697 TRAFFIC IMPACT 156,362 32,069 488% 1,697 (124,293)
239 6400-6999 SERVICE CHARGES - 6,081 0% 6,081 -
239 7100 USE OF MONEY AND PROPERTY 8,653 15,440 56% 6,787 7,103 PUBLIC ART 8,653 21,521 40% 7,103 12,868
Attachment B - FY 2024-25 - MYR Variance Report Page 6 486 Adjusted YTD YTD Remaining 12/31/2023
Fund Account Description Budget Actual % Budget Actual
as of 12/31/2024
Statement of Revenues and Expenditures
CITY OF BELMONT
December 31, 2024
Revenues
Budget Variance Report
275 6300 INTERGOVERNMENTAL - - N/A - 119,368
275 7100 USE OF MONEY AND PROPERTY 117,082 226,828 52% 109,746 105,296 275 7200 MISCELLANEOUS - - N/A - -
275 7500 OTHER FINANCING SOURCES - - N/A - -
HOUSING SUCCESSOR 117,082 226,828 52% 224,664 109,746
277 6400-6999 SERVICE CHARGES 180,503 133,500 135% (47,003) - 277 7100 USE OF MONEY AND PROPERTY 21,409 12,640 169% (8,769) 3,867 INCLUSIONARY HOUSING FUND 201,911 146,140 138% 3,867 (55,771) 308 7100 USE OF MONEY AND PROPERTY 12,019 27,870 43% 15,851 12,849 308 7200 MISCELLANEOUS - - N/A - -
GENERAL FACILITIES 12,019 27,870 43% 12,849 15,851
310 6300 INTERGOVERNMENTAL - - N/A - 2,771
310 7100 USE OF MONEY AND PROPERTY 46,420 87,590 53% 41,170 41,099 INFRASTRUCTURE 46,420 87,590 53% 43,871 41,170
312 7100 USE OF MONEY AND PROPERTY 8,662 15,450 56% 6,788 7,110 COMCAST 8,662 15,450 56% 7,110 6,788
341 7100 USE OF MONEY AND PROPERTY 17,246 58,060 30% 40,814 28,337 341 7200 MISCELLANEOUS - - N/A - -
341 7600 OPERATING TRANSFERS IN - 33,299 0% 33,299 -
PLANNED PARK 17,246 91,359 19% 28,337 74,113
342 6300 INTERGOVERNMENTAL - - N/A - -
342 6400-6999 SERVICE CHARGES 17,050 19,484 88% 2,434 13,117 342 7100 USE OF MONEY AND PROPERTY 14,156 24,750 57% 10,594 11,326 342 7200 MISCELLANEOUS - - N/A - -
PARK IMPACT FEES 31,206 44,234 71% 24,443 13,028
343 7100 USE OF MONEY AND PROPERTY 1,854 3,710 50% 1,856 1,697 OPEN SPACE 1,854 3,710 50% 1,697 1,856
399 6300 INTERGOVERNMENTAL 544,462 11,256,208 5% 10,711,746 3,757,101 399 7100 USE OF MONEY AND PROPERTY 93,770 95,150 99% 1,380 31,455 399 7200 MISCELLANEOUS - 8,000 0% 8,000 -
399 7600 OPERATING TRANSFERS IN 4,510,406 43,784,150 10% 39,273,744 3,240,730 CIP Fund 5,148,638 55,143,508 9% 7,029,286 49,994,870
406 6100 TAXES 348,143 696,237 50% 348,094 348,119
406 7100 USE OF MONEY AND PROPERTY 5,446 580 939% (4,866) (460) LIBRARY BOND DEBT SERVICE 353,590 696,817 51% 347,658 343,227 501 6400-6999 SERVICE CHARGES 7,833,487 15,812,965 50% 7,979,478 7,559,218 501 7100 USE OF MONEY AND PROPERTY 1,377,738 2,121,360 65% 743,622 951,328 SEWER ENTERPRISE-OPERATIONS 9,211,225 17,934,325 51% 8,510,545 8,723,100 503 6400-6999 SERVICE CHARGES 21,914 - N/A (21,914) 36,074 503 7100 USE OF MONEY AND PROPERTY (212,323) - N/A 212,323 (21,003) SEWER ENTERPRISE-CAPITAL (190,409) - N/A 15,072 190,409 Attachment B - FY 2024-25 - MYR Variance Report Page 7 487 Adjusted YTD YTD Remaining 12/31/2023
Fund Account Description Budget Actual % Budget Actual
as of 12/31/2024
Statement of Revenues and Expenditures
CITY OF BELMONT
December 31, 2024
Revenues
Budget Variance Report
505 6800 SERVICE CHARGES-SEWER - 48,099 0% 48,099 -
505 7100 USE OF MONEY AND PROPERTY - - N/A - -
505 7600 OPERATING TRANSFERS IN 5,830,546 5,830,546 100% - - SEWER ENTERPRISE-TREATMENT PLANT 5,830,546 5,878,645 99% - 48,099 507 6400-6999 SERVICE CHARGES 1,574,490 3,147,630 50% 1,573,140 1,573,814 507 7100 USE OF MONEY AND PROPERTY 121,281 161,100 75% 39,819 72,731 507 7200 MISCELLANEOUS 240,000 - N/A (240,000) -
SEWER TREATMENT FACILITY 1,935,771 3,308,730 59% 1,646,545 1,372,959 525 6300 INTERGOVERNMENTAL 17,689 - N/A (17,689) -
525 6400-6999 SERVICE CHARGES 532,888 1,095,242 49% 562,354 506,511 525 7100 USE OF MONEY AND PROPERTY (3,341) - N/A 3,341 988 525 7200 MISCELLANEOUS 67,779 - N/A (67,779) 73,975
525 7600 OPERATING TRANSFERS IN - 1,000,000 0% 1,000,000 - STORM DRAINAGE 615,014 2,095,242 29% 581,475 1,480,228
530 6300 INTERGOVERNMENTAL - - N/A - -
530 6400-6999 SERVICE CHARGES 266,596 603,237 44% 336,641 236,143 530 7100 USE OF MONEY AND PROPERTY 51,921 86,040 60% 34,119 39,449 SOLID WASTE 318,516 689,277 46% 275,592 370,761
570 6400-6999 SERVICE CHARGES 429,240 876,072 49% 446,832 429,396 570 7100 USE OF MONEY AND PROPERTY 44,155 64,240 69% 20,085 28,440 570 7200 MISCELLANEOUS 53,441 - N/A (53,441) 93,421
WORKERS' COMPENSATION 526,836 940,312 56% 551,257 413,476 571 6400-6999 SERVICE CHARGES 400,002 800,000 50% 399,998 400,000 571 7100 USE OF MONEY AND PROPERTY 69,729 115,030 61% 45,301 52,357 571 7200 MISCELLANEOUS 145 - N/A (145) (500,965)
LIABILITY INSURANCE 469,876 915,030 51% (48,608) 445,154 572 6400-6999 SERVICE CHARGES - - N/A - -
572 7100 USE OF MONEY AND PROPERTY - - N/A - -
572 7600 OPERATING TRANSFERS IN - - N/A - -
SELF-FUNDED VISION - - N/A - -
573 6400-6999 SERVICE CHARGES 2,526,195 5,052,384 50% 2,526,189 2,269,889 573 7100 USE OF MONEY AND PROPERTY 145,390 271,950 53% 126,560 125,921 573 7200 MISCELLANEOUS 135 - N/A (135) 10,314
573 7500 OTHER FINANCING SOURCES 6,485 - N/A (6,485) -
FLEET & EQUIPMENT MANAGEMENT 2,678,205 5,324,334 50% 2,406,124 2,646,129 574 6400-6999 SERVICE CHARGES 1,352,664 2,705,327 50% 1,352,663 1,289,320 574 7100 USE OF MONEY AND PROPERTY 174,933 327,600 53% 152,667 146,851 574 7200 MISCELLANEOUS - - N/A - 808
574 7600 OPERATING TRANSFERS IN - - N/A - -
FACILITIES MANAGEMENT 1,527,597 3,032,927 50% 1,436,979 1,505,330 575 6400-6999 SERVICE CHARGES 720,281 1,464,287 49% 744,006 713,590 575 7100 USE OF MONEY AND PROPERTY 28,325 45,950 62% 17,625 21,656 BENEFIT PREFUNDING 748,607 1,510,237 50% 735,246 761,630 Attachment B - FY 2024-25 - MYR Variance Report Page 8 488 Adjusted YTD YTD Remaining 12/31/2023
Fund Account Description Budget Actual % Budget Actual
as of 12/31/2024
Statement of Revenues and Expenditures
CITY OF BELMONT
December 31, 2024
Revenues
Budget Variance Report
704 7100 USE OF MONEY AND PROPERTY 6,745 12,030 56% 5,285 5,536 SPECIAL ASSESSMENT DISTRICT 6,745 12,030 56% 5,536 5,285 TOTAL REVENUES $ 62,826,944 168,454,849 $ 37% 105,627,905 $ 56,712,326 $ Attachment B - FY 2024-25 - MYR Variance Report Page 9 489
Appointment to City Commissions - Staff Report
STAFF REPORT
Meeting Date: February 11, 2025
Agency: City of Belmont
Staff Contact: Jozi Plut, City Clerk, [email protected], 650-595-7414 Agenda Title: Appointments to City Commissions
Agenda Action: Motion
Recommendation
(1) Motion to appoint two residents to the Planning Commission; (2) Motion to appoint three residents as voting members and up to two non-voting youth members to the Parks and Recreation Commission.
Strategic Focus Area
Fiscal and Organizational Sustainability
Background
The City of Belmont has two Commissions. During the Months of November 2024 to January 2024, the City of Belmont held an open recruitment for applicants to fill open positions on the Planning Commission, Parks and Recreation Commission. Each Commission is charged with advising the City Council on policy matters and completing assignments as directed by the City Council. Some bodies like the Planning Commission have a regulatory role.
The Planning Commission is a regulatory body and a quasi-judicial body. The Commission makes land use decisions for the City based on the City’s General Plan and other focused regulations, such as the Zoning Ordinance, the Belmont Village Specific Plan (BVSP), and area plans.
Presently up to 7 commission seats are potentially available, with up to two on the Planning Commission if Council wishes to keep a seven-member Commission, and up to 3 voting seats on the Parks and Recreation Commission and two non-noting youth seats on the Parks and Recreation Commission. The Council may choose to fill five or seven seats on the two commissions.
The Planning Commission currently has seven members, two of which have reached the end of their appointment periods. To fully staff the seven-member Planning Commission, the Council would need to make two appointments which may be for the typical three-year appointment period. If the Council chooses not to make an appointment from among the current applicants, the commission could continue to function with five filled seats.
The Parks and Recreation Commission currently has seven voting members, three of which have reached the end of their appointment periods. To fully staff a 7-voting member commission, the Council would need to make three appointments. Appointments are for two years under Belmont City Code Section 2- 490
Appointment to City Commissions - Staff Report
166(b)(2) unless the Council sets a different period. During the last appointment cycle, the Council discussed extending Parks and Recreation Commission appointments to three years typically. If the Council so chooses, they make 3-year appointments now. Staff would also return with an ordinance amendment to BCC 2-166(b)(2) to reflect any decision to make appointments typically three years instead of two. Council should note that if it fills all three of the open seats with 2-year appointments, it will have five open seats at once in March 2027.
Council may appoint a minimum of five positions and maximum of seven on each commission, plus two non-voting youth seats for the Parks & Recreation Commission.
Analysis
The City Council held panel interviews of commission applicants for consideration of the available positions. The applicants are as follows for each body:
Planning Commission Applicants
Brian Kulich (I)
Mark Gurevich (I)
Clint Freeman
Margaret Jadallah
Parks and Recreation Applicants
Adar Emken (I)
Avery Lyford (I)
Arianna Cunha
Jerome Natoli
Parks and Recreation Non-Voting (youth) Applicants
Jiya Venkatesh
Gracie Huang
Tristan Lim
Simon Gehrke
Karuna Mungali
Itza Perez
Sophia Grace Lee
*(I) – Incumbent
Alternatives
1. Council may direct staff to reopen recruitment to seek additional candidates Attachments
A. none
491
Appointment to City Commissions - Staff Report
Fiscal Impact
☒ No Fiscal Impact
☐ Funding Source Confirmed:
Source: Purpose: Public Outreach:
Staff Statutory/Contractual Requirement Posting of Agenda
492
Page | 1
Council Agena Item 11
COUNCIL AGENDA ITEM 13
MATTER OF COUNCIL
INTEREST/CLARIFICATION
MEETING DATE: February 11, 2025
COUNCILMEMBER(S): Julia Mates, Mayor
ITEM TITLE: Discussion and Consideration of Endorsing San Mateo County’s March Ballot Measure A
Description of Issue:
On November 13, 2024, the San Mateo County Board of Supervisors released a 400-page independent investigation sustaining allegations against Sheriff Christina Corpus. The findings include:
• Retaliation and intimidation within the Sheriff’s Office. • Abuse of authority.
• The use of racial and homophobic slurs in the workplace.
Following the report’s release, San Mateo County Congressional and Legislative leaders called for the Sheriff’s resignation on November 18, 2024.
The County Board of Supervisors introduced an ordinance to amend the County Charter, allowing for the removal of elected officials for cause on November 19, 2024.
Concerns over leadership in the Sheriff’s Office have grown, with over 106 sworn staff departing since Sheriff Corpus took office in January 2023, and a near-total turnover in executive staff. These issues have raised significant public safety concerns and eroded trust in law enforcement leadership.
Request
The Council is asked to consider endorsing the March 4th, 2025 Special Election Ballot Measure A - San Mateo County Charter Amendment Measure, and adopting the attached resolution. The Council’s decision on these matters represents an important opportunity to support the Board of Supervisors’ concerns over leadership in the Sheriff’s Office and demonstrate our commitment to public safety and ethical governance.
Discuss and determine whether to endorse the County’s March Ballot Measure to amend the San Mateo County Charter, granting the Board of Supervisors authority to remove an elected official for cause.
Recommendation
The proposed County Charter amendment would empower the Board of Supervisors to remove elected officials for cause, creating accountability mechanisms that do not currently exist.
Endorsing this measure would signal our city’s commitment to ensuring ethical leadership within 493
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Council Agena Item 11
COUNCIL AGENDA ITEM 13
MATTER OF COUNCIL
INTEREST/CLARIFICATION
the County and reflects our expectation and commitment to transparency, accountability, and principled governance. We believe that public safety should be administered with fairness, equity, and respect for the diverse communities served and that no one is above the law. Public officials must uphold the highest standards of integrity and responsibility.
Belmont is fortunate to have our own dedicated police department, but we also value the vital partnership and support provided to us by the San Mateo County Sheriff’s Department. Their collaboration enhances safety for our residents, businesses, and visitors. It is essential to support this measure to ensure that the Sheriff’s employees have a safe workplace, enabling them to continue serving our community and the entire county effectively.
Approximately how much staff involvement will this item take? Minimal. A proposed draft resolution is Attachment A,
Financial Implications?
Not applicable/negligible
How time sensitive is this issue? Election Day is March 4th, with ballots available in early February.
General Plan/Vision Statement.
The Council’s decision on these matters represents an important opportunity to address concerns over leadership in the Sheriff’s Office and demonstrate its commitment to public safety and ethical governance. This recommendation meets at least two of the Vision Statements of the General Plan:
• We value and celebrate a strong commitment to diversity, inclusion, safety, equality and dignity for all individuals in Belmont.
• Our strong sense of community and enjoyment of the town’s assets and activities deepen as we become better informed and connected.
Attachments
A. Belmont City Council Resolution
B. San Mateo County Ordinance to Amend the Charter (Draft Language) C. County’s Independent Investigation Report (Executive Summary) 494
RESOLUTION NO. 2025 –
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BELMONT STATING THE CITY‘S SUPPORT FOR SAN MATEO COUNTY MEASURE A, ON THE BALLOT MARCH 4, 2025
WHEREAS, on November 13, 2024, the San Mateo County Board of Supervisors released a 400-page independent investigation (“Report”) of the Sheriff sustaining several allegations including that Sheriff Corpus and her executive team have engaged in retaliation and intimidation, exceeded and/or abused their authority, and that the Sheriff has uttered and texted racial and homophobic slurs in the workplace; and, WHEREAS, on November 18, 2024, San Mateo County Congressional and Legislative leaders issued a statement calling for Sheriff Corpus to resign as a result of the Report; and, WHEREAS, on November 19, 2024, the San Mateo County Board of Supervisors introduced an Ordinance to amend the County Charter granting the Board of Supervisors the authority through December 31, 2028 the authority on a 4/5 vote to remove an elected Sheriff for cause; and,
WHEREAS, on December 3, 2024, the San Mateo County Board of Supervisors officially passed the Ordinance and called for a special election to be held on March 4, 2025 throughout the County of San Mateo, with the Ordinance becoming “Measure A”; and, WHEREAS, the findings that were sustained in the Report do not reflect the standards that our community wants in their law enforcement personnel; and, WHEREAS, we believe in the principle that no one is above the law, and public officials must uphold the highest standards of integrity and accountability. Accountability is not only a cornerstone of good governance but also a necessary foundation for maintaining public confidence in our institutions; and,
WHEREAS, Measure A represents a commitment to transparency, ethical leadership, and effective oversight within the Sheriff’s Office. By enacting this measure, we aim to ensure that public safety is administered with fairness, equity, and respect for the diverse communities we serve; and
NOW, THEREFORE, the City Council of the City of Belmont resolves as follows:
that the Belmont City Council stands in support of Measure A, a vital initiative to restore integrity and accountability to the San Mateo County Sheriff’s Office. This measure is essential to protecting our community and upholding the shared values that define the City of Belmont. * * *
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ADOPTED February 11, 2025 by the City of Belmont City Council by the following vote:
Ayes:
Noes:
Absent:
Abstain:
ATTEST:
City Clerk Mayor
APPROVED AS TO FORM:
City Attorney
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