RESOLUTION NO. ________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA MAKING VARIOUS AMENDMENTS TO THE
FISCAL YEAR 20 23-24 BUDGET AND THE FISCAL YEAR
2023-24 CAPITAL IMPROVEMENT PROGRAM BUDGET TO
ADJUST FOR VARIANCES AND APPROPRIATING FUNDS
THEREFOR
WHEREAS, the City Charter states that at any meeting after the adoption of the budget, the City Council may amend or supplement the budget by a motion adopted by the affirmative votes of at least four members; and
WHEREAS, staff has completed the budget review for the quarter ending June 30, 2024 and is recommending a number of budget amendments in the General Fund and various other funds to align the budget with anticipated year-end actuals where the actuals are expected to exceed the budget; and
WHEREAS, staff is recommendi ng increasing expenditure appropriations by $7,735,734 in various General Fund departments offset by an increase in estimated revenues totaling $6,131,108, resulting in the use of $1,604,626 in prior year’s fund balance; and
WHEREAS, the 2016 Measure P Sales Tax Fund, 2018 Measure A Sales Tax Fund, Public Liability Trust Fund, and Capital Improvement Projects Fund will be positively impacted as a result of increased revenue appropriations resulting from the recommended changes; and
WHEREAS, the Bayfront Lease Revenue Fund, will be negatively impacted due to adjustments that will add appropriations that will be made from the available balances of this fund; and
WHEREAS, the recommended adjustments to the National Opioid Settlement Fund, Donations Fund, Federal Grants Fund and State Grants Fund consist of offsetting adjustments between revenue and expenditure categories and are neutral resulting in no net impact to these funds; and
WHEREAS, staff recommends that the City Council authorize the City Manager to amend the fiscal year 2023-24 budget and approve appropriations and transfers in the General Fund and various other funds in order to ensure audited actuals do not exceed authorized budget resulting from any year-end closing entries; and
WHEREAS, staff recommends that the Director of Finance report any amendments to the fiscal year 2023-24 budget and appropriations and transfers to the General Fund and various other funds approved by the City Manager in the next quarterly financial report following the release of the Annual Comprehensive Financial Report; and
Resolution No. ________
WHEREAS, staff recommends amending the fiscal year 2023-24 Capital Improvement Program budget for the following: Increase appropriati ons in the Measure P Sales Tax Fund for Sports Courts & Fields (PRK0327) by $31,140; and, decrease appropriations in the Capital Improvement Funds for the Palomar Motel Acquisition Convert Project (GGV0270) by $2,463,120; and
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it does hereby amend the fiscal year 2023-24 budget and fiscal year 2023 -24 Capital Improvement Program budget and approves the following appropriations and transfers with categorical detail provided in Exhibit 1:
Summary of General Fund Appropriations and/or Transfers General Fund Budget Amendments Summary – 4th Quarter Fiscal Year 2023-24
DEPARTMENT PERSONNEL
NON-
PERSONNEL TOTAL TOTAL
SERVICES EXPENDITURES EXPENDITURES REVENUE NET IMPACT
GENERAL FUND
City Council $ (26,486) $ (16,560) $ (43,045) $ - $ (43,045) Boards & Commissions - (2,712) (2,712) - (2,712) City Clerk (149,687) (319,736) (469,423) (237,859) (707,282) City Attorney (1,210) (409,335) (410,545) (538,340) (948,885) Administration (140,706) (37,792) (178,500) - (178,500) Information Technology (22,862) 11,818 (11,044) - (11,044) Human Resources 56,251 (181,155) (124,904) - (129,904) Finance (122,842) (106,574) (229,416) 438,152 208,736 Non-Departmental 126,120 8,771,021 8,897,141 (3,720,657) 5,176,484 Animal Care Facility (111,156) (89,669) (200,823) - (200,823) Economic Development (1,236) (10,569) (11,806) (268,657) (280,463) Development Services (169,119) (25,700) (194,819) (69,091) (263,910) Engineering/Capital Projects (1,094,190) 168,841 (925,349) (192,540) (1,117,889) Police 2,801,760 11,377 2,813,137 (263,129) 2,500,008 Fire 361,470 (97,892) 263,578 (1,131,241) (867,663) Public Works (151,977) (572,142) (724,119) 178,475 (545,644) Parks and Recreation (333,150) 4,497 (328,653) (326,221) (654,874) Library (256,820) (126,145) (382,965) - (382,965) TOTAL GENERAL FUND $ 764,160 $ 6,971,573 $ 7,735,733 $(6,131,108) $ 1,604,625
Resolution No.
Summary of Appropriations and/or Transfers for Other Funds Other Funds Budget Amendments Summary – 4th Quarter Fiscal Year 2023-24
FUND TITLE
PERSONNEL
EXPENDITURES
NON-
PERSONNEL
EXPENDITURES
TOTAL
EXPENDITURES
TOTAL
REVENUE NET IMPACT
OTHER FUNDS
Bayfront Lease Revenue $ - $ 47,155 $ 47,155 $ - $ 47,155 Western Park Acquisition & Dev - 443,344 443,344 - 443,344 2016 Measure P Sales Tax) - 108,745 108,745 (740,802) (632,057) 2018 Measure A Sales Tax 403,330 (340,802) 62,528 (649,886) (587,358) Public Liability Trust - 396,930 396,930 (538,165) (141,235) Capital Improvement Projects - (2,245,256) (2,245,256) (1,423,925) (3,669,181) Federal Grants - 1,269,678 1,269,678 (1,269,678) - National Opioid Settlement - 227,538 227,538 (227,538) - Donations - 211,327 211,327 (211,327) -
Public Facilities DIF - 198,075 198,075 (198,075) - State Grants - 100,625 100,625 (100,625) -
Parking Meter - 91,328 91,328 (91,328) -
Donations - 68,584 68,584 (68,584) -
Section 115 Trust - 11,650 11,650 (11,650) -
Public Educational & Govt Fee - 4,658 4,658 (4,658) - CFD 97-1 Otay Ranch - 3,980 3,980 (3,980) -
CFD 18M Village 3 Otay Ranch - 2,555 2,555 (2,555) - CFD 08M Vlg 6 McMillin & OR - 2,457 2,457 (2,457) - CFD 09M ORV II Brookfield-Shea - 1,621 1,621 (1,621) - CFD 13-M Otay Ranch Village 2 - 1,278 1,278 (1,278) - CFD 99-2 Otay Ranch Vlg 1 West - 1,204 1,204 (1,204) - CFD 07M Eastlake Woods & Vista - 958 958 (958) - CPF Benefit Funds - 792 792 (792) -
Developer Contributions - 688 688 (688) -
Otay Ranch Preserve - 663 663 (663) -
CFD 12M Village 7 Otay Ranch 614 614 (614) -
CFD 98-3 Sunbow 2 614 614 (614) -
OV Rd Fee Recovery District 339 339 (339) -
Town Center I Parking District 87 87 (87) -
Utility Tax Settlement 34 34 (34) -
Otay Valley Rd AD 90-2 Impvt 31 31 (31) -
TOTAL OTHER FUNDS $ 403,330 $ 611,494 $ 1,014,824 $ (5,554,156) $ (4,539,332)
BE IT FURTHER RESOLVED, by the City Council that it authorizes the City Manager to amend the fiscal year 202 3-24 budget and approves appropriations and transfers in the General Fund and various other funds in order to ensure audited actuals resulting from final year -end closing entries do not exceed authorized budget; and
Resolution No. ________
BE IT FURTHER RESOLVED, by the City Council that it directs the Director of Finance to report any amendments to the fiscal year 2023-24 budget and appropriations and transfers to the General Fund and various other funds approved by the City Manager in the next quarterly financial report following the release of the Annual Comprehensive Financial Report.
Presented by Approved as to form by
Sarah Schoen Marco A. Verdugo
Director of Finance/Treasurer City Attorney