FINANCIAL
SERVICES
Fiscal Year 2023-24
Proposed Budget
Internal Service and
Special Revenue Funds
May 16, 2023
1 2
FY 2023-24 CITYWIDE BUDGET
Total Appropriations: $848,314,610
General Fund,
$229,629,081 Water Reclamation
& Sewer,
$22,109,632
Refuse Collection
& Disposal,
$33,653,163
Electric & Water (BWP),
$376,366,797
Internal Service
Funds, $97,632,336
Special Revenue
Funds, $66,467,428
Housing Authority,
$14,218,191
Parking Authority,
$791,914 Successor Agency,
$7,446,068
3 FY 2023-24 CITYWIDE BUDGET
Total Appropriations: $848,314,610
General Fund,
$229,629,081 Water Reclamation
& Sewer,
$22,109,632
Refuse Collection
& Disposal,
$33,653,163
Electric & Water (BWP),
$376,366,797
Internal Service
Funds, $97,632,336
Special Revenue
Funds, $66,467,428
Housing Authority,
$14,218,191
Parking Authority,
$791,914 Successor Agency,
$7,446,068
Internal Service Funds
Fund 530 – General Liability Insurance
Fund 531 – Workers Compensation Insurance
Fund 532 – Vehicle Equipment Replacement
Fund 533 – Office Equipment Replacement
Fund 534 – Municipal Infrastructure (presented by PW)
Fund 535 – Communication Equipment Replacement
(presented by BWP)
Fund 537 – Information Technology
4 5
Fund 530 – General Liability Insurance
Managing Department – Management Services
Anticipated Revenues: $13,028,314
Proposed Appropriations: $12,493,153
Budget Highlights:
Increase in General Liability and Property Insurance
costs - $1,325,000
40% increase for general liability
15% increase for citywide property insurance
10% increase for all other lines of insurance
6 Fund 531 – Workers Compensation
Managing Department – Management Services
Anticipated Revenues: $12,450,604
Proposed Appropriations: $10,518,030
Budget Highlights:
No new appropriations for FY 2023-24
Increase in actuarial liability of $2.2 million
7 Fund 532 – Vehicle Equipment Replacement
Managing Department – Public Works
Anticipated Revenues: $14,086,054
Proposed Appropriations: $23,071,871
Budget Highlights:
Scheduled replacement of 87 depreciated vehicles - $9,206,244 100 vehicles deferred for a savings of $6.5 million
Heavy Duty Tire Changer - $30,000
Fall Protection Equipment- $170,000
Fuel Tank Replacement at Fire Stations 12 and 16 - $400,000 New Intermediate Clerk Position - $67,270
8 Fund 533 – Office Equipment Replacement
Managing Department – Financial Services
Anticipated Revenues: $1,668,054
Proposed Appropriations: $1,533,894
Budget Highlights:
Scheduled equipment replacement for FY 2023-24
Self-contained breathing apparatus (SCBA) and
mask fit testing system - $836,569
High-performance graphics printer for Police
Investigation Forensics - $19,376
Genie Lifts for Facilities Maintenance team -
$100,000
9 Fund 537 – Information Technology
Managing Department – Information Technology
Anticipated Revenues: $18,176,435
Proposed Appropriations: $18,857,964
Budget Highlights:
IT Department staff reorganization includes 3 new FTE Lead Technology Product Manager
Lead Client Technology Specialist
Intermediate Clerk
20 proposed technology projects totaling $4.3 million. $2,028,556 in ARPA funded Projects
$1,463,707 in General Fund Projects
$520,150 in Non-General Fund Projects
10 City Funded Technology Projects:
Police Department Video Surveillance System Replacement $230,000 Managed Print Services Study and Implementation $88,000 Environmental Land Management System Solution Study $150,000 Council Chamber Equipment Refresh $70,000
Roth 457 Implementation $138,000
Automated Citation Writers $95,000
Axon Investigate $95,000
OpenGov New Modules $147,707
Enterprise Content Management $140,000
Enterprise Asset Management Study $140,000
Enterprise Integration Enhancements $250,000
Contract Lifecycle Management $290,000
Fund 537 – Information Technology
11 Fund 537 – Information Technology
ARPA Funded Technology Projects:
Police Department Computer-Aided Dispatch $406,000
Mobile 311 Integrations $263,000
Online Payroll Time Entry $236,262
Conference Room Technology Upgrades $95,000
Personnel Action Form Process Automation $283,971
Additional $28,050 BWP Funded
Electronic Onboarding / Offboarding $418,323
Additional $122,100 BWP Funded
Public Records Act Efficiency $163,000
Agenda Management $163,000
Special Revenue Funds
Fund 104 – Proposition A Transportation
Fund 105 – Proposition C Transportation
Fund 106 – Air Quality Management District (AQMD)
Fund 107 – Measure R Transportation
Fund 108 – Measure M Transportation
Fund 109 – Measure W Stormwater
Fund 122 – Community Development Block Grants (CDBG)
Fund 123 – Road Maintenance & Rehabilitation (RMRA)
Fund 124 – Drug Asset Forfeiture Fund
Fund 125 – State Gas Tax
Fund 127 – Public Improvements (Development Impact Fees) Fund 128 – HUD Affordable Housing
Fund 129 – Street Lighting (presented by BWP)
Fund 133 – Tieton Hydropower Project (presented by BWP) Fund 483 – Magnolia Power Project (presented by BWP) 12 13 Transportation Funds 104, 105, 107, 108
Restricted to Transit Programs and Transportation Improvements Anticipated Revenues:
$11,068,111
Proposed Appropriations:
$9,644,929
Projected FYE 2022-23 Fund
Balance (combined): $9,071,140
Funded through four Los
Angeles County voter
approved ¼ cent sales tax
measures
$2,676,775
$3,434,620
$1,321,812
$2,211,722
Total Appropriations: $9,644,929
Prop A
Prop C
Measure R
Measure M
Transportation Funds
104, 105, 107, 108
Budget Highlights:
Propositions A & C
No new appropriations for FY 2023-24
Measure R
First Street Bike Lane - $217,206
Vision Zero Program - $750,000
Measure M
Street and Sidewalk Repair -
$2,200,000
14 15
Air Quality Management District (AQMD)
Fund 106
Anticipated Revenues: $147,568
Proposed Appropriations: $178,073
Projected FYE 2022-23 Fund Balance: $423,025
Funded by restricted revenues from a small
portion of motor vehicle registration fees
Funds the City’s rideshare program and other
programs that reduce vehicle emissions
Budget Highlights:
No new appropriations for FY 2023-24
16 Measure W Fund 109
Restricted to Stormwater Improvements
Anticipated Revenues: $1,523,029
Proposed Appropriations: $1,180,059
Projected FYE 2022-23 Fund Balance: $3,550,278
LA County Safe, Clean Water Municipal Program (SCW) special parcel tax (2.5 cents per square foot of impermeable areas) Budget Highlights
Two new Civil Engineering Associate positions (15%) - $62,468 McCambridge Park Stormwater project - $632,500
17 Anticipated Revenues: $1,075,422
Proposed Appropriations: $1,539,234
Projected FYE 2022-23 Fund Balance:
$931,288
Community Development Block Grants
(CDBG) Fund 122
Budget Highlights:
Proposed FY 2023-24 public service
and capital projects will be
presented to the City Council on
June 13, 2023
18 Street Improvement Funds 123, 125
Restricted to Street Maintenance and Rehabilitation
Anticipated Revenues:
$5,774,351
Proposed Appropriations:
$4,773,950
Projected FYE 2022-23 Fund
Balance: $545,844
Funded through voter
approved per gallon fuel
excise tax and vehicle
registration fees
$2,246,779
$2,527,171
Total Appropriations: $4,773,950
Road
Maintenance
& Recovery
Act
Gas Tax /
HUTA
19 Street Improvement Funds 123, 125
Budget Highlights:
Road Maintenance and Recovery Act (RMRA)
$2.5 million dedicated to support Annual
Residential Pavement Rehabilitation
Projects approved by City Council in April
Gas Tax
No new appropriations for FY 2023-24
20 Anticipated Revenues: $33,998
Proposed Appropriations: $45,000
Projected FYE 2022-23 Fund Balance: $227,712
Drug Asset Forfeiture Fund 124
Restricted for Law Enforcement Purposes
Budget Highlights:
$45,000 for training, technology, and equipment
Equipment and training for canine unit
Annual lease for night optic vision devises
Specialized training in cellular forensics and narcotics detection Annual fees for investigative software systems
21 Anticipated Revenues: $1,527,652
Proposed Appropriations: $3,808,920
Projected FYE 2022-23 Fund Balance:
$15,081,683
Public Improvements Fund 127
Development Impact Fees
Budget Highlights:
San Fernando Bikeway - $1,070,086
Dick Clark Dog Park - $250,000
George Izay Park Master Plan - $125,000
22 Anticipated Revenues: $622,712
Proposed Appropriations: $655,362
Projected FYE 2022-23 Fund Balance:
$138,855
HUD Affordable Housing Programs
Fund 128
Budget Highlights:
Continuum of Care Permanent
Supportive Housing (PSH), including
housing assistance payments and
supportive services - $567,848
23 Housing Authority Funds 117 & 305
Managing Department - Community Development
Anticipated Revenues: $12,800,189
Proposed Appropriations: $14,218,191
Projected FYE 2022-23 Fund Balance: $10,667,599
Budget Highlights:
Section 8 Voucher Program - Fund 117
Housing Assistance Payments - $10,600,000
Emergency Housing Vouchers - $800,000
New Housing Assistant position - $107,430
Low and Moderate -Income Housing - Fund 305
New Housing Development Manager - $154,785
24 Anticipated Revenues: $694,748
Proposed Appropriations: $791,914
Projected FYE 2022-23 Fund Balance: $293,018
Budget Highlights:
No new appropriations for FY 2023-24
Parking Authority Fund 310
Managing Department - Community Development
25 Anticipated Revenues: $2,651,818
Proposed Appropriations: $7,446,068
Budget Highlights:
FY 2023-24 Recognized Obligation Payment Schedule (ROPS) was approved by County Oversight Board and the California Department of Finance
Successor Agency Fund 208
Managing Department – Financial Services
26 Questions?