RESOLUTION NO. ________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA AMENDING THE FISCAL YEAR 20 24-25
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 September 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, st aff is recommendi ng in creasing appropriations by $11,488,156 and estimated revenues by $11,488,156 to various departments in the General Fund, resulting in no net fiscal impact to the General Fund; and
WHEREAS, the Parking Meter Fund, American Rescue Plan Act 2021 Fund, Environmental Services Fund, Chula Vista Housing Authority Fund , and Capital Improvement Projects Fund will be positively impacted as a result of increased revenue estimates resulting from the recommended changes; and
WHEREAS, the 2016 Measure P Sales Tax Fund, 2018 Measure A Sales Tax Fund, Other Grants Fund, Local Grants Fund, Federal Grants Fund, State Grants Fund and Section 115 Trust Fund will be negatively impacted due to adjustments that will increase appropriations that will be made from the available balances of these funds or increased estimated revenues; and
WHEREAS, the recommended adjustments to the Donations Fund, Open Space District #02 Fund, Open Space District #03 Fund, Open Space District #04 Fund, Open Space District #08 Fund, Open Space District #11 Fund, Open Space District #15 Fund, Open Space District #20 Fund and Living Coast Discovery Center Fund, will result in no fiscal impact; and
WHEREAS, staff recommends that the City Council authorize the City Manager to amend the fiscal year 2024-25 budget and approve adjustment to the American Rescue Plan Act (ARPA) as well as other various funds related to ARPA adjustments in order to ensure that funds are fully obligated by the Tre asury obligation deadline of December 31, 2024 per Treasury’s Obligation Interim Final Rule in 31 CRF 35.3 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
WHEREAS, staff recommends that the Director of Finance report any further amendments to the fiscal year 2024-25 budget and adjustments to the American Rescue Plan Act approved by the City Manager in the next quarterly financial report; and Resolution No. ________
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it does hereby amend the Fiscal Year 2024-25 budget and approves the following appropriations and transfers:
Summary of General Fund Appropriations and/or Transfers General Fund Budget Amendments Summary – 1st Quarter Fiscal Year 2024-25
DEPARTMENT PERSONNEL
NON-
PERSONNEL TOTAL TOTAL
SERVICES EXPENSES EXPENSE REVENUE NET IMPACT
GENERAL FUND
Non-Departmental $ 28,050 $ 10,595,560 $ 10,623,610 $ (11,079,572) $ (455,962) Economic Development (743,544) (12,004) (755,548) 201,000 (554,548) Development Services (167,775) - (167,775) - (167,775) Engineering/Capital Projects - 362,774 362,774 (362,774) - Police 436,444 187,293 623,737 - 623,737 Fire 394,361 (187,005) 207,356 (207,356) - Public Works 580,544 13,458 594,002 (39,454) 554,548 TOTAL GENERAL FUND $ 528,080 $ 10,960,076 $ 11,488,156 $(11,488,156) $ -
Summary of Appropriations and/or Transfers for Other Funds Other Funds Budget Amendments Summary – 1st Quarter Fiscal Year 2024-25
PERSONNEL
NON-
PERSONNEL TOTAL TOTAL
SERVICES EXPENSES EXPENSE REVENUE NET IMPACT
OTHER FUNDS
2016 Measure P Sales Tax $ - $ 3,082,617 $ 3,082,617 $ - $ 3,082,617 2018 Measure A Sales Tax 390,610 (270,610) 120,000 - 120,000 Parking Meter - 72,317 72,317 (193,379) (121,062) Donations - 73,203 73,203 (73,203) - American Rescue Plan Act
2021
-
(5,588,978)
(5,588,978)
-
(5,588,978)
Other Grants - 125,000 125,000 (20,000) 105,000 Local Grants - 700,000 700,000 - 700,000 Federal Grants 32,380 343,900 376,280 (76,280) 300,000 State Grants (19,558) 1,644,029 1,624,471 (1,611,261) 13,210 Environmental Services - (201,000) (201,000) - (201,000) Chula Vista Housing
Authority
-
-
-
(137,596)
(137,596)
Section 115 Trust 7,000,000 - 7,000,000 - 7,000,000 Open Space District #02 - 9,300 9,300 (9,300) - Open Space District #03 - 14,100 14,100 (14,100) - Open Space District #04 - 3,000 3,000 (3,000) - Open Space District #08
-
23,300
23,300
(23,300)
-
Open Space District #11 - 38,900 38,900 (38,900) - Open Space District #15 - 6,600 6,600 (6,600) - Open Space District #20 - 2,600 2,600 (2,600) - Resolution No.
Living Coast Discovery
Center
-
200,000
200,000
(200,000) -
Capital Improvement
Projects
-
12,593,879
12,593,879
(16,648,227)
(4,054,348)
TOTAL OTHER FUNDS $7,403,432 $12,872,157 $ 20,275,589 $ (19,057,746) 1,217,843
BE IT FURTHER RESOLVED, by the City Council that it authorizes the City Manager to amend the fiscal year 2024-25 budget and approves appropriations and transfers in the American Rescue Plan Act (ARPA) Fund and various other funds in order to ensure that funds are fully obligated by the Treasury obligation deadline of December 31, 2024; and
BE IT FURTHER RESOLVED, by the City Council that it directs the Director of Finance to report any amendments to the fiscal year 2024-25 budget and appropriations and transfers to the American Rescue Plan Act (ARPA) Fund and various other funds approved by the City Manager in the next quarterly financial report.
Presented by Approved as to form by
Sarah Schoen Marco A. Verdugo
Director of Finance/Treasurer City Attorney