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November 8, 2022
ITEM TITLE
Financial Report and Appropriation: Accept the Quarterly Financial Report for the Quarter Ending September 30, 2022, and Appropriate Funds to Implement Required Budget Adjustments
Report Number: 22-0291
Location: No specific geographic location
Department: Finance
Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required.
Recommended Action
Accept the quarterly financial report for the quarter ending September 30, 2022 , (A) adopt a resolution making various amendments to the Fiscal Year 2022/23 budget to adjust for variances and appropriating funds for that purpose, and (B) adopt a resolution amending Council Policy 220-02 “Financial Reporting and Transfer Authority”. (4/5 Vote Required)
SUMMARY
The Finance Department, in collaboration with other City departments, prepares quarterly financial reports for the General Fund that reflect budget to actual comparisons, projected revenues and expenditures, and highlight major variances that may require additional action or changes. This report is as of September 30, 2022 and is in compliance with Section 504 (f) of the City Charter, which requires that quarterly financial reports be filed by the Director of Finance through the City Manager.
In preparing the quarterly financial projections, staff has identified various budget changes that are needed to accurately reflect actual revenues and expenditures or address changes in budgetary needs. For government entities, a budget creates a legal framework for spending during the fiscal year. After the budget is approved by the City Council, there are circumstances which arise that could require adjustments to the approved budget. This report discusses budget adjustments that staff recommends in the General F und as well as various other funds to address identified fiscal issues.
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Council Policy 220-02 “Financial Reporting and Transfer Authority” was established in January of 1996 and allows for budget transfers and adjustments to be completed. This report includes a recommended increase to the allowable transfer amount to align with the growth in the City’s annual operating budget.
ENVIRONMENTAL REVIEW
The Director of Development Services has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a “Project” as defined under Section 15378 of the State CEQA Guidelines because the proposed activity consists of a governmental fiscal/administrative activity which does not result in a physical change in the environment; therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines, the activity is not subject to CEQA. Thus, no environmental review is required.
BOARD/COMMISSION/COMMITTEE RECOMMENDATION
Not applicable
DISCUSSION
The First Quarter Report is developed using three months of actual activity for Fiscal Year 2022/2023 as of September 30, 2022. The data in this report is the most current data available; however, due to the limited data available year-end projections for departmental revenues and expenditures are not included in this report but will be provided in future Quarterly Financial Reports. As a result, the projections are likely to change.
This report will provide summary information for the following areas:
• Major General Fund Discretionary Revenues
• Adjustments to General Fund Expenditures
• Adjustments to non-General Fund funds
The Finance Department will continue to monitor the City’s actual revenues and expenditures and will provide any significant changes in subsequent Quarterly Financial reports.
General Fund Overview
Revenues are projected to exceed budget by $6.3 million, and expenditures are projected to exceed budget by $3.2 million. Staff anticipates several major discretionary revenues are projected to come in higher than budget as detailed in the General Fund Revenues section. The increased revenue will offset various increases in projected expenditures totaling $3.2 million, detailed in the General Fund Expendit ure section of this report. There are unknown variables that may affect the General Fund including economic factors that may slow economic growth including continued increases in inflation, interest rates, unemployment, and other financial uncertainties. Staff will continue to monitor and will provide updates in future quarterly financial reports.
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General Fund Revenues
The City’s major discretionary revenues are projected to exceed the amended budget by approximately $6.3 million. This is due to increased Property Tax, Property Tax in-lieu of VLF, and Sales Tax. Based on Fiscal Year 2021/22 projected actuals as reported in the 4th Quarter Financial Report as well as the increased home prices and home sales that occurred in the past year Property Tax is expected to exceed the amended budget by $1.9 million. Property Tax in -lieu of VLF will exceed the original estimate by $1.2 million based on the updated information provided by the County of San Diego. Sales Tax is anticipated to exceed the amended budget by $3.0 million. This information is based on updated information provided by HdL, the City’s sales tax consultant. Sales tax is estimated to be increasing due to the reopening of the US/Mexico Border as well as the impact of inflation on taxable goods, most notably gasoline prices. It is anticipated to decrease in
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future fiscal years because of global economic conditions including increased inflation, reduced, or eliminated federal funding that was distributed duri ng the pandemic (i.e., federal stimulus payments to families, enhanced unemployment benefits, etc.), and the Federal reserve increasing interest rates.
General Fund Expenditures
Comprehensive projections on the General Fund Expenditures have not been included within this report, but there are one-time expenditure s such as a grant to Southwestern College associated with the planned Cinematic Arts Academic Center and Library and additional capital improvement costs for Casa Casillas, that are anticipated to be incurred as well as the restructuring of the City Jail operations from the City Jail fund to the General Fund due to the elimination of the U.S. Marshals Service contract to provide intergovernmental detention services. In addition, there are various adjustments related to operations such as increased credit card fees for Community Services due to increased revenues, increased internal services charges in various departments, as well as increased exam and advertising costs within the Human Resources department due to a higher number of recruitments. The total budgetary needs are anticipated to be $3,150,999.
The increased expenditures described above will be fully offset by the previously described increased Property Tax, Property Tax in-lieu of VLF, and Sales Tax revenues.
Departmental Revenues and Expenditures
Table 2 below provides the amended General Fund revenue budget, the projected year -end revenues, and the projected variance (in dollars). This information is provided at the department level.
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The largest variance s in Departmental Revenues are projected in Non-Departmental and the Library Department. The Non -Departmental positive variance of $ 6.6 million reflects increases in major discretionary revenues, including Sales Tax, Property Tax , and Property Tax In-Lieu of VLF. The largest negative variance is in the Public Works Department. Totaling $0.5 million, this variance reflects a decrease in interfund reimbursements due to a decrease in anticipated grant reimbursements.
Of the $6.3 million in projected revenues in excess of budget, staff recommends incre asing the revenue projection by $3,727,122 with this action. Future quarterly reports will analyze additional revenue streams, and include recommendations for additional appropriations and adjustments to revenue projections.
Table 3 below provides the amended General Fund expenditure budget, the projected year-end expenditures, and the projected variance (in dollars). This information is provided at the department level.
Departmental Expenditures in excess of the amended budget are projected in multiple departments. The $7.5 million negative variance projected in the Public Works Department is due to the transfer of the Park Maintenance and Park Rangers programs from Parks and Recreation to Public Works. This overage is offset by projected savings of $7.9 million in Parks and Recreation . The $1.8 million projected overage in Non - Departmental is due to a planned $1.5 million grant to Southwestern College associated with the Cinematic
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Arts Academic Center and Library. The $1.3 million increase in the Police Department is the result of moving the staff and budget for the City Jail from the City Jail fund to the General Fund as a budgetary restructuring within the Police Department. The anticipated budgetary needs identified in this tabl e are addressed in the General Fund Adjustments section below.
General Fund Adjustments
1 - Increase expenditure appropriations by $3,000 for Districting Commission. 2 - Increase expenditure appropriations by $80,000 for Supplies and Services costs and $20,000 in Personnel Services for hourly staff to assist with recruiting efforts.
3 - Increase revenue appropriations for Property Taxes by $2,178,934 based on higher than anticipated revenues. 4 - Increase revenue appropriations for Sales Tax by $1,105,387 based on higher than anticipated revenue estimates from Sales Tax Consultant. 5 - Increase expenditure and revenue appropriations for Transient Occupancy Taxes by $178,915 based on higher than anticipated revenue. 6 - Increase expenditure and revenue appropriations for Bayfront RV Park Sales Tax by $15,000 transfer from the General Fund to the Bayfront Lease Revenue Fund.
7 - Increase expenditure appropriations by $1,935,424 for the transfer from the General Fund to the Bayfront Lease Revenue Fund. 8 - Decrease expenditure appropriations by $1,756,509 for the transfer-out from the General Fund to the Chula Vista Bayfront Finance Authority Fund, which was replaced with a transfer to the Bayfront Lease Revenue Fund when the City Council adopted the Bayfront Financing Agreement on Resolution 2022-107 (May 10, 2022).
9 - Increase expenditure appropriations by $16,841 for the transfer-out from the General Fund to the Housing Fund for staff time costs. 10 - Increase expenditure appropriations by $121,123 for CIP expenditures for the Casa Casillas CIP project. 11 - Increase expenditure appropriations by $1,500,000 for a grant award to Southwestern College to conduct a study related to the Cinematic Arts Academic Center and Library (contingent on receipt of State funds). 12 - Decrease expenditure appropriations by $504,193 for the transfer-out from the General Fund to the City Jail Fund that is being eliminated with the restructuring in the Police Department.
13 - Decrease expenditure appropriations by $7,598 for the transfer-out from the General Fund to the Federal Grants Fund to match the grant award for the FEMA Brush Clearance grant.
14 - Increase expenditure appropriations by $3,100 for the transfer-out from the General Fund to the Eastlake Maintenance District I Fund to match the levy for ELMD Zone C.
15 - Increase expenditure appropriations by $118,700 for Internal Service charges related to the Central Garage Fund in various departments. 16 - Decrease expenditure appropriations by $100,000 for non-CIP Projects related to American Rescue Plan (ARPA) for the University Project. 17 - Increase expenditure appropriations by $100,000 for non-CIP Projects related to American Rescue Plan (ARPA) for the Equity & Inclusion Project.
18 - Transfer expenditure appropriations by $134,462 Personnel Services from the Fiscal Sustainability division (Org#1301193) to the Traffic Engineering division (Org#1369207).
19 - Transfer expenditure appropriations by $5,000 from Other Expenses category to Supplies and Services category. 20 - Increase expenditure appropriations by $1,293,772 and revenue appropriations by $147,114 from the City Jail Fund to the General Fund moving for the Police Department for restructuring a net impact of $1,1146,658. 21 - Transfer expenditure appropriations by $15,000 from Personnel Services category to Supplies and Services category. 22 - Transfer expenditure appropriations by $150,000 from Personnel Services category to Supplies and Services category for the Custodial Services contract.
23 - Transfer expenditure appropriations by $7,970,171 and revenue appropriations by $162,250 moving Park Operations Administration, Park Rangers, and Park Maintenance from the Park and Recreation Department to the Public Works Department. 24 - Increase expenditure appropriations by $57,000 as a budgetary cleanup in the Storm Drain Division. 25 - Decrease expenditure appropriations by $696,796 for Supplies and Services related to American Rescue Plan (ARPA) for the Project Management Division.
26 - Increase expenditure appropriations by $100,000 in Other Expenses for credit card transaction fees. 27 - Increase expenditure appropriations by $166,696 in Supplies and Services for the solar panel maintenance agreement. 28 - Increase expenditure appropriations by $199,922 in Non-CIP expenditures related to American Rescue Plan (ARPA) for the Public Art program. 29 - Increase expenditure appropriations by $517,000 in Transfer-Out expenditures from the General Fund to the Public Liability Trust Fund for Table 4
PERSONNEL SUPPLIES & OTHER NON-CIP TRANSFERS INTERNAL TOTAL TOTAL Footnote SERVICES SERVICES EXPENSES BUDGET OUT UTILITIES SERVICE EXPENSE REVENUE NET COST
GENERAL FUND
Boards & Commissions 1 - 3,000 - - - - - 3,000 - 3,000 Human Resources 2 20,000 80,000 - - - - - 100,000 - 100,000 Non-Departmental 3-14, 29 - - 1,500,000 - 339,828 - - 1,839,828 (4,026,359) (2,186,531) Animal Care Facility 15 - - - - - - 1,480 1,480 - 1,480 Economic Development 16, 17 - - - - - - - - - - Development Services 15 - - - - - - 398 398 - 398 Engineering/Capital Projects 15, 18 - - - - - - 6,201 6,201 - 6,201 Police 15, 19-20 1,267,181 31,591 (5,000) - - - 34,050 1,327,822 (147,114) 1,180,708 Fire 15, 21 (15,000) 15,000 - - - - 47,285 47,285 - 47,285 Public Works 15, 21-26 4,037,586 362,502 1,400 - - 2,736,120 377,767 7,515,375 529,023 8,044,398 Parks and Recreation 15, 23, 27 (4,184,586) (688,602) 98,600 - - (2,736,120) (348,584) (7,859,292) 117,250 (7,742,042) Library 15, 28 - - - 199,922 - - 103 200,025 (199,922) 103 TOTAL GENERAL FUND 1,125,181$ (196,509)$ 1,595,000$ 199,922$ 339,828$ -$ 118,700$ 3,182,122$ (3,727,122)$ (545,000)$ General Fund Budget Adjustments Summary - 1st Quarter Fiscal Year 2022/2023
DEPARTMENT
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higher than anticipated legal costs.
Other Fund Adjustments
1 - Increase expenditure appropriations by $1,950,424 for the transfer from the General Fund to the Bayfront Lease Revenue Fund. 2 - Increase expenditure appropriations by $1,820,400 for Other Capital for the purchase of Fire vehicles moving the allocation from FY2024 to FY2023 as approved on Resolution 2022-213.
3 - Decrease expenditure appropriations by $81,450 to reduce CIP Project Expenditures due to a decrease of the Pavement Maintenance Program FY22/23 (STL0459) by $282,547 and increase RMRA Pavement Rehab FY22/23 (STM0412) by $201,097 based on FY2022 actual revenues received.
4 - Increase expenditure appropriations by $31,277 for Internal Service charges related to the Central Garage Fund in various departments and funds.
5 - Increase expenditure appropriations by $128,877 for CIP expenditures for the Casa Casillas CIP project. 6 - Increase revenue appropriations by $1,040,184 from Transnet Revenues that are exceeding budget. 7 - Decrease expenditure appropriations by $1,787,061 for Transfers Out related to American Rescue Plan (ARPA) plan update. 8 - Increase expenditure and revenue appropriations by $45,000 for Public Safety grants that represents a decrease of $5,000 for Police Department AB 109 R3 grant and increase of $50,000 for the Fire Training Fee Based grant. 9 - Decrease expenditure appropriations by $29,865 to match available grant balances. 10 - Decrease expenditure appropriations by $1,013,795 and increase revenue appropriations by $987,027 to match available grant balances. 11 - Increase expenditure appropriations by $620,954 and increase revenue appropriations by $619,585 to match available grant balances. 12 - Increase expenditure and revenue appropriations by $16,481 for Personnel Services and transfer from the General Fund. 13 - Decrease expenditure appropriations by $185,000 to align budget with Department of Finance final amounts. 14 - Increase expenditure appropriations by $39,519 in Supplies and Services for administrative costs. 15 - Increase expenditure appropriations by $504,000 for Bayfront Debt Service costs 16 - Increase expenditure and revenue appropriations for various Open Space and Maintenance Districts. 17 - Increase expenditure and revenue appropriations by $150,000 for Other Capital expenses and increase revenue from various departments and funds.
18 - Increase expenditure by $110,000 for Other Capital expenses for a vehicle purchase and outfitting.
Table 5
PERSONNEL SUPPLIES & OTHER OTHER CIP INTERNAL TRANSFERS NON-CIP TOTAL TOTAL Footnote SERVICES SERVICES EXPENSES CAPITAL BUDGET SERVICE OUT BUDGET UTILITIES EXPENSE REVENUE NET COST
OTHER FUNDS
Bayfront Lease Revenue 1 - - 1,950,424 - - - - - - 1,950,424 (1,950,424) - 2016 Measure P Sales Tax 2 - - - 1,820,400 - - - - - 1,820,400 - 1,820,400 Transportation Grants-Gas Tax 3 - - - - (81,450) - - - - (81,450) - (81,450) 2018 Measure A Sales Tax 4 283,960 345,090 - 408,217 - 2,917 - - - 1,040,184 - 1,040,184 CPF Benefit Funds 5 - - - - 128,877 - - - - 128,877 - 128,877 Transportation Sales Tax 6 - - - - - - - - - - (1,071,460) (1,071,460) Advanced Life Support Program 4 - - - - - 282 - - - 282 - 282 American Rescue Plan Act 2021 7 - - - - - - (1,787,061) - - (1,787,061) - (1,787,061) Other Grants 8 (5,000) 50,000 - - - - - - - 45,000 (45,000) - Local Grants 9 (31,865) 2,000 - - - - - - - (29,865) - (29,865) Federal Grants 10 41,557 (207,869) (6,805) (40,000) - - - (800,678) - (1,013,795) (987,027) (2,000,822) State Grants 4, 11 6,367 1,922 600,491 - - 90 - - - 608,870 (619,585) (10,715) Environmental Services 4 - - - - - 382 - - - 382 - 382 Chula Vista Housing Authority 12 16,481 - - - - - - - - 16,481 (16,481) - RDA Successor Agency Fund 13 - 4,000 (189,000) - - - - - - (185,000) - (185,000) Section 115 Trust 14 - 39,519 - - - - - - - 39,519 - 39,519 Public Liability Trust 15 - 517,000 - - - - - - - 517,000 (517,000) - Bayfront Special Tax District 16 - - 504,000 - - - - - - 504,000 - 504,000 Eastlake Maintenance Dist I 16 - 35,100 675 - - - - - 16,500 52,275 28,900 81,175 Open Space District #10 16 - 6,993 - - - - - - (5,578) 1,415 1,504 2,919 Open Space District #11 16 - (6,993) - - - - - - 5,578 (1,415) (1,504) (2,919) Open Space District #23 4, 17 - 15,200 - - - - - - - 15,200 - 15,200 Central Garage Fund 18 - - - 150,000 - 1,103 - - - 151,103 (150,000) 1,103 Equipment Vehicle Replacement 19 - - - 110,000 - - - - - 110,000 - 110,000 City Jail 4 (1,777,943) (224,500) - - - - - - - (2,002,443) 2,002,443 - Living Coast Discovery Center 4 - - - - - 415 - - - 415 - 415 Development Services Fund 4 - - - - - 1,222 - - - 1,222 - 1,222 Transport Enterprise 20 - - - - - 9,116 - - - 9,116 - 9,116 Trunk Sewer Capital Reserve 4 - - - - - - - - - - (998,242) (998,242) Sewer Service Revenue 21 - 606,115 - 1,250,000 - 15,750 - - - 1,871,865 1,390,000 3,261,865 Sewer Facility Replacement 22 - - - - - - - - - - (56,000) (56,000) Sewer DIFs 23 - - - - - - - - - - (773,289) (773,289) Public Facilities DIF 24 - - - 180,754 - - - - - 180,754 2,093,650 2,274,404 Pedestrian Bridge DIFs 25 - - - - - - - - - - 266,923 266,923 Transportation DIFs 26 - - - - - - - - - - 3,200,048 3,200,048 CV Bayfront Finance Authority 27 - (1,756,509) - - - - - - - (1,756,509) 1,756,509 - Capital Improvement Projects 28 - - - - (2,878,877) - - - - (2,878,877) 2,878,877 - Parkland Acquisition & DevFees 29 - - - - - - - - - - (1,985,932) (1,985,932) Western-Park Acquisition & Dev 0 - - - - - - - - - - (264,867) (264,867) TOTAL OTHER FUNDS (1,466,443)$ (572,932)$ 2,859,785$ 3,879,371$ (2,831,450)$ 31,277$ (1,787,061)$ (800,678)$ 16,500$ (671,631)$ 4,182,043$ 3,510,412$ Other Fund Budget Adjustments Summary - 1st Quarter Fiscal Year 2022/2023 P a g e | 8
19 - Decrease expenditure appropriations by $2,002,443 from the City Jail Fund to the General Fund moving for the Police Department restructuring.
20 - Increase revenue appropriations by $998,242 to align budget with anticipated revenue assumptions. 21 - Increase revenue appropriations by $56,000 to align budget with anticipated revenue assumptions based on the Council approved 2021 Rate Study.
22 - Increase revenue appropriations by $773,289 to align budget with anticipated revenue assumptions. 23 - Increase expenditure appropriations by $180,754 and decrease revenue appropriations by $2,093,650 to align with anticipated revenues. 24 - Decrease revenue appropriations by $266,923 to align with anticipated revenues. 25 - Decrease revenue appropriations by $3,200,048 to align with anticipated revenues. 26 - Decrease expenditure and revenue appropriations by $1,756,509 which was replaced with a transfer to the Bayfront Lease Revenue Fund when the City Council adopted the Bayfront Financing Agreement on Resolution 2020-107. 27 - Decrease expenditure and revenue appropriations by $2,910,000 for various CIP's to clean-up American Rescue Plan (ARPA) allocation by $3,000,000 and increase Casa Casillas’s CIP allocation by $121,123. 28 - Decrease revenue appropriations by $1,985,932 to align with anticipated revenues. 29 - Decrease revenue appropriations by $264,867 to align with anticipated revenues. 30 - Increase expenditure and revenue appropriations by $517,000 from a transfer-in from the General Fund for higher than anticipated legal costs.
Update to Financial Reporting and Transfer Authority Policy On January 23, 1996, the Council adopted the Financial Reporting and Transfer Authority Policy, by Resolution No. 18191 (Policy). The Policy was established to clarify the authority for budget transfers which may be required to fund needed services in each City department within a given fiscal year. The Policy states that it is the City Council’s intent for the budget authorization to be maintained and that transfers should be limited and used only when it is necessary to continue the effective operations of the City. It also states that it is the City Manager’s responsibility to maintain the integrity of the adopted budget and to allow transfers only as a means for continuing the programs and policies of the City Council as approved via the budgetary process. The Policy establishes that Departments shall maintain budgetary control at the summary account level rather than by line item to give flexibility of operations and provides the following guidelines:
1. Budgetary control shall be established at the summary account level, i.e., Employee Services, Supplies & Services and Capital Outlay, giving departments the flexibility to manage within broader limits, rather than controlling at the individual line-item account level.
2. Council approval shall be required for all transfers of appropriations between departments, regardless of amount.
3. Council approval shall be required for transfers of appropriations which are greater than $15,000 between summary accounts within a department.
4. The City Council delegates authority to the City Manager for approval of transfers of appropriations up to and including $15,000 between summary accounts within the same department upon certification by Director of Finance that appropriations are available.
5. The City Council shall receive a quarterly status report [required by Charter section 504(f)], from the Director of Finance which provides actual vs. budgetary comparisons by department, as well as projections for fiscal year. Included in this report w ill notification of any transfers within departments.
The City Manager’s authority to transfer appropriations up to and including $15,000 between summary accounts within the same department provides the administrative authority to quickly approve transfer s required to fund the programs and policies of the City Council, as approved via the budgetary process. Since the adoption of this Policy in 1996, the allowable transfer amount has remained the same while the annual operating budget for the General Fund has increased from $54.3 million to $248.9 million, an increase of 358 percent. As such, Staff is recommending an increase to the allowable transfer amount to align with the growth in the City’s annual operating budget and expand the use of this authority. For reference, a 358 percent P a g e | 9
increase to the allowable transfer amount of $15,000 equates to $68,724, however staff recommends increasing the allowable transfer amount to $75,000, a rounded figure that aligns with the anticipated growth in the City’s annual budget over the next few years. Lastly, staff recommends some minor text edits to the Policy language with no impact to the operation of the Policy. A copy of the updated Policy is included as Attachment 3 to this Staff Report.
DECISION-MAKER CONFLICT
Staff has reviewed the decision contemplated by this action and has determined that it is not site-specific and consequently, the real property holdings of the City Council members do not create a disqualifying real property-related financial conflict of interest under the Political Reform Act (Cal. Gov't Code § 87100, et seq.).
Staff is not independently aware and has not been informed by any City Council member, of any other fact that may constitute a basis for a decision-maker conflict of interest in this matter.
CURRENT-YEAR FISCAL IMPACT
The First Quarter Monitoring Report presents projected revenue and expenditure actuals as of September 30, 2022. Approval of the resolution amending the fiscal year 2022/2023 budget will result in the following impacts:
General Fund – The proposed adjustments increase expenditure appropriations by $3,182,122 and increase estimated revenues by $3,727,122. The $545,000 difference in these amounts reflects increased revenue projections offsetting appropriations previously approved via City Council Res olution Nos. 2022-190 (Charter Update) and 2022-203 (Harborside Park).
Other Funds – The proposed adjustments have a net cost decrease of $ 3,510,412 to various funds that includes a decrease of expenses by approximately $671,631 and a decrease of revenues by $4,182,043.
ONGOING FISCAL IMPACT
Staff will review the impacted budgets to identify potential ongoing impacts and will incorporate as required during the fiscal year 2023/2024 budget development process.
ATTACHMENTS
Attachment 1 – General Fund Budget Transfers
Attachment 2 – General Fund Budget Amendments
Attachment 3 – Council Policy 220-02 Financial Reporting and Transfer Authority (Redline version)
Staff Contact: Sarah Schoen, Director of Finance/Treasurer and Ed Prendell, Budget and Analysis Manager