AMENDED A G E N D A
CITY OF CORONADO CITY COUNCIL/
THE CITY OF CORONADO ACTING AS THE SUCCESSOR AGENCY TO THE COMMUNITY DEVELOPMENT AGENCY OF THE CITY OF CORONADO
Thursday, June 23, 2022
SPECIAL MEETING – 3:00 P.M.
Coronado City Hall Council Chamber
1825 Strand Way
Coronado, California 92118
Mayor Bailey participating remotely at
Carretera Transpeninsular
1 Las Olas Condo
San Jose del Cabo, Baja California Sur, Mexico
Councilmember Tanaka participating remotely at
1314 Second Street
Coronado, California 92118
Pursuant to the March 11, 2022 County of San Diego, Health and Human Services Agency, Order of the Health Officer on Isolation of All Persons with or likely to have COVID19 and the June 9, 2022 California Health and Human Services Agency, Department of Public Health, Guidance for Local Health Jurisdictions on Isolation and Quarantine of the General Public, members of the public are directed to City Hall to participate in the meeting.
In compliance with the Americans with Disabilities Act (ADA), if you need special assistance to participate in a City meeting or other services offered by this City, please contact the City Clerk’s office, (619) 522 7320. Assisted listening devices are available at this meeting. Ask the City Clerk if you desire to use this device. Upon request, the agenda and documents in the agenda packet can be made available in appropriate alternative formats to persons with a disability. Notification of at least 48 hours prior to the meeting or time when services are needed will assist the City staff in assuring that reasonable arrangements can be made to provide accessibility to the meeting or service.
CALIFORNIA ENVIRONMENTAL QUALITY ACT
The California Environmental Quality Act (“CEQA”) is the state law that requires the City to evaluate and document the potential environmental consequences of discretionary decision. (See, California Public Resources Code Sections 2100021189.3; and the “CEQA Guidelines” at California Code of Regulations Title 14, Division 6, Chapter 3, Sections 1500015387). For each item that requires a CEQA determination by the City Council, there is a reference to that determination on this agenda, and more information regarding the CEQA analysis is included in the documents that accompany this agenda. To the extent that City staff determines that particular items are not subject to CEQA, there will be no indication of a CEQA action on City of Coronado Page 1
appropriate alternative formats to persons with a disability. Notification of at least 48 hours prior to the meeting or time when services are needed will assist the City staff in assuring that reasonable arrangements can be made to provide accessibility to the meeting or service.
CALIFORNIA ENVIRONMENTAL QUALITY ACT
The California Environmental Quality Act (“CEQA”) is the state law that requires the City to evaluate and document the potential environmental consequences of discretionary decision. (See, California Public Resources Code Sections 2100021189.3; and the “CEQA Guidelines” at California Code of Regulations Title 14, Division 6, Chapter 3, Sections 1500015387). For each item that requires a CEQA determination by the City Council, there is a reference to that determination on this agenda, and more information regarding the CEQA analysis is included in the documents that accompany this agenda. To the extent that City staff determines that particular items are not subject to CEQA, there will be no indication of a CEQA action on this agenda.
SPECIAL MEETING – 3:00 P.M.
1. CALL TO ORDER / ROLL CALL
2. INVOCATION AND PLEDGE OF ALLEGIANCE
3. COMMUNICATIONS ORAL:
Public Comments on a special meeting agenda are limited to items on the special meeting agenda notice and will be heard during consideration of that item (Government Code Section 54954.3(a)).
4. PUBLIC HEARINGS: None.
5. CITY COUNCIL:
a. APPROVE RESOLUTIONS (A) ADOPTING THE CITY OF CORONADO ANNUAL BUDGET FOR FISCAL YEAR 202223; (B) SETTING THE ANNUAL APPROPRIATIONS (GANN) LIMIT; AND (C) APPROVING THE POLICY ON FUND BALANCE AND THE SIZE AND USE OF COMMITTED FUND BALANCE Recommendation: Approve the following resolutions: “A Resolution of the City Council of the City of Coronado, California, Adopting the Financial Plan and Budget for the Fiscal Year 202223, Fixing and Declaring the Budget for the Various Departments and for Capital Improvement Projects, and Appropriating Money from the Treasury for Such Purposes;” “A Resolution of the City Council of the City of Coronado, California Approving and Adopting the Annual Appropriations Limit for Fiscal Year 202223;” and “A Resolution of the City Council of the City of Coronado, California Approving the Policy on Fund Balance and the Size and Use of Committed Fund Balance.”
b. REVIEW AND ALLOCATE THE FISCAL YEAR 202223 COMMUNITY GRANT PROGRAM AWARDS
Recommendation: Review and finalize allocations for the Community Grant Program for Fiscal Year (FY) 202223.
6. CITY ATTORNEY
7. COMMUNICATIONS WRITTEN: None.
8. ADJOURNMENT
City of Coronado Page 2
(Pg 4)
(Pg 23)
PROGRAM AWARDS
Recommendation: Review and finalize allocations for the Community Grant Program for Fiscal Year (FY) 202223.
6. CITY ATTORNEY
7. COMMUNICATIONS WRITTEN: None.
8. ADJOURNMENT
A COPY OF THE AGENDA WITH THE BACKGROUND MATERIAL IS AVAILABLE FOR PUBLIC INSPECTION IN THE OFFICE OF THE CITY CLERK AT CITY HALL, AT THE PUBLIC LIBRARY, OR ON OUR WEBSITE AT www.coronado.ca.us
Writings and documents regarding an agenda item on an open session meeting, received after official posting and distributed to the Council for consideration, will be made available for public viewing at the City Clerk’s Office at City Hall, 1825 Strand Way, during normal business hours.
Materials submitted for consideration should be forwarded to the City Clerk’s Office at [email protected].
City of Coronado Page 3
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CITY COUNCIL STAFF REPORT
June 23, 2022 5a
APPROVE RESOLUTIONS (A) ADOPTING THE CITY OF CORONADO ANNUAL BUDGET FOR FISCAL YEAR 2022-23; (B) SETTING THE ANNUAL APPROPRIATIONS (GANN) LIMIT;
AND (C) APPROVING THE POLICY ON FUND BALANCE AND THE SIZE AND USE OF
COMMITTED FUND BALANCE
RECOMMENDATION:
Approve the following resolutions:
A) “A Resolution of the City Council of the City of Coronado, California, Adopting the Financial Plan and Budget for the Fiscal Year 2022-23, Fixing and Declaring the Budget for the Various Departments and for Capital Improvement Projects, and Appropriating Money from the Treasury for Such Purposes;”
B) “A Resolution of the City Council of the City of Coronado, California Approving and Adopting the Annual Appropriations Limit for Fiscal Year 2022-23;” C) “A Resolution of the City Council of the City of Coronado, California Approving the Policy on Fund Balance and the Size and Use of Committed Fund Balance.” BACKGROUND:
The City Council received a budget presentation on June 21, 2022, at which time the proposed budget and the capital improvement program for FY 2022-23 were reviewed. The implementing Budget Resolution reflecting the direction of the City Council to go forward with the proposed budget is attached to this report.
Along with adopting the budget, the City Council is required to establish the Appropriations Limit for FY 2022-23. Article XIIIB of the California Constitution specifies that appropriations from the proceeds of taxes are subject to limitation.
The second action that accompanies the adoption of the budget is the annual review of the policy on Fund Balance and the setting of committed and assigned Fund Balance, in compliance with Government Accounting Standards Board (GASB) pronouncement No.54, Fund Balance Reporting and Governmental Fund Type Definitions, which specifies how Fund Balance is reported in a government’s financial statements. The City’s policy requires that the annual review occurs at the time of budget adoption.
ANALYSIS:
Budget Appropriations Resolution (Attachment A): The budget resolution provides the appropriation authority for FY 2022-23. It includes a listing of the appropriations by fund and department and summary budget schedules, attached as exhibits to the resolution. A listing of funded Capital Improvement Projects, by funding source, is found in Exhibit 4 of the resolution.
The adopted budget document will be available in July 2022.
City of Coronado Page 4
Appropriations Limit Resolution (Attachment B): The Appropriations Spending Limit, as set by Article XIIIB of the State Constitution and modified by Proposition 111, commonly referred to as the Gann Limit, is actually a limitation on tax revenues rather than a direct limitation on appropriations. The limit sets the maximum amount of the government’s spending from the proceeds of taxes.
The annual limit is adjusted by changes in population and either the percentage change in California per capita personal income or the percentage change in the City’s assessed valuation attributable to non-residential new construction. To calculate the adjustment to the annual limit, a city may use either its own change in population or that of the county, whichever change is greater. In recent years, the City has used the change in the California per capita personal income due to the unavailability of the percentage change in the City’s assessed valuation attributable to non-residential new construction. Both the population and California per capita personal income changes are provided annually by the State Department of Finance. The calculation of the annual appropriations limit is contained in the attachment to the resolution.
The proceeds of taxes for FY 2022-23 are $14.2 million below the subject limitation.
Fund Balance/Committed Resolution (Attachment C): In order to comply with standards outlined in GASB 54, the City Council is asked to approve its annually amended policy on Fund Balance and Size and Use of Committed Fund Balance, which is attached as Exhibit 1 to the Resolution found in Attachment C. The policy establishes the procedure for identifying and classifying Fund Balance in the governmental funds. The resolution for FY 2022-23 affirms the policy and will provide guidance to staff for classifying Fund Balance in the City’s Annual Comprehensive Financial Report for June 30, 2022. The total minimum General Fund committed fund balance is set at $36,025,000 for June FY 2022-23.
FISCAL IMPACT:
The appropriation resolution provides the authority for expenditures. The City’s total appropriation budget for all funds expenditures and transfers to other funds is $118,612,839.
Total revenues and transfers from other funds for all funds is estimated at $107,618,069. The fund balance for all funds in total is estimated at $164,618,183 on June 30, 2022, a projected decrease of $10,994,769 from the June 30, 2022 fund balance for all funds in total. The Fund Balance on June 30, 2023 for the General Fund is estimated at $55,154,177 and is $361,642 more than the June 30, 2022 Fund Balance amount which was included in the FY 2021-22 adopted budget. As stipulated in the Fund Balance Policy (Exhibit 1 of Attachment C), the June 30, 2023 Fund Balance will be allocated as follows:
1) Committed Reserves of $36,025,000;
2) Unassigned Reserves of $19,129,177.
The June 30, 2022 Fund Balance may only be expended under narrow circumstances including the following:
1) 5% declines in property tax, sales tax, or transient occupancy tax revenues; 2) emergencies; and
3) for unexpected expenditures in an amount that is 5% more than the adopted budget.
Separate resolutions set the required limit on the appropriations from the proceeds of taxes and establish the minimum General Fund reserve requirement (unassigned Fund Balance) for FY 2022-23.
City of Coronado Page 5
ALTERNATIVE:
Council may not approve and provide directions for revisions to the following resolutions: (A) Adopting the City of Coronado Annual Budget for FY 2022-23; (B) Setting the Annual Appropriations (GANN) Limit; And (C) Approving the Policy On Fund Balance And the Size And Use Of Committed Fund Balance.
CALIFORNIA ENVIRONMENTAL QUALITY ACT:
Not Applicable.
PUBLIC NOTICE:
No notice required.
ATTACHMENTS:
1. Budget Adoption Resolution, Attachment A, Exhibits 1 through 4
2. Appropriations Limit Resolution (Gann Limit)
3. Fund Balance/Use of Committed Fund Balance Resolution Submitted By: Administrative Services Department / John Kim City of Coronado Page 6
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Attachment 1
RESOLUTION NO. 2022-33
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CORONADO, CALIFORNIA ADOPTING THE FINANCIAL PLAN
AND BUDGET FOR THE FISCAL YEAR 2022-23, FIXING AND
DECLARING THE BUDGET FOR THE VARIOUS
DEPARTMENTS AND FOR CAPITAL IMPROVEMENT
PROJECTS, AND APPROPRIATING MONEY FOR SUCH
PURPOSES
WHEREAS, the City Manager presented to the City Council a proposed operating and capital improvement program budget on June 21, 2022; and WHEREAS, the City Council has reviewed said proposed budget, the summaries of which are attached hereto in Exhibits A, B and C, having made modifications as deemed desirable; and WHEREAS, the City desires to fund certain capital improvement projects, as listed in the attached Exhibit D; and
WHEREAS, in conjunction with the budget adoption, the Storm Drain enterprise requires an advance from the General Fund in order to fund the National Pollutant Discharge Elimination System permit obligations; and
WHEREAS, the appropriations as listed within the budget for the fiscal year 2022-23 will provide levels of service deemed appropriate for the various departments and funding for capital projects. The amounts as appropriated are in the following funds and departmental accounts:
Fund
Budget
Expenditures
Transfers to
Other Funds
Fund Total
100 GENERAL FUND
Legislative $ 1,590,041 $ - $ 1,590,041
City Clerk 414,773 - 414,773
City Manager 994,208 - 994,208
Public Communications & CDSA Admin 246,441 246,441
Legal Services 659,200 - 659,200
Administrative Services 4,639,662 - 4,639,662
Police Services 16,907,404 - 16,907,404
Fire & Beach Lifeguard Services 10,755,728 - 10,755,728 Public Services and Engineering 12,328,542 - 12,328,542 Library Services 3,554,692 - 3,554,692
Non-Departmental 1,983,100 - 1,983,100
Transfers to Other Funds - 11,625,450 11,625,450
TOTAL GENERAL FUND $ 54,073,791 $ 11,625,450 $ 65,699,241 City of Coronado Page 7
Attachment 1
Fund Fund Title
Budget
Expenditures
Transfers/
Contributions to
Other Funds
Fund Total
106 Recreation Services Fund $ 4,838,769 $ - $ 4,838,769 108 Community Development Fund 3,445,045 - 3,445,045
110 Insurance Fund 1,585,014 - 1,585,014
112 Employee Benefits Fund 180,186 - 180,186
114 Workers Compensation Fund 540,021 1,000,000 1,540,021 130 Solid Waste & Recycling Fund 694,794 - 694,794
135 Vehicle/Equipment Replacement Fund 1,000,000 - 1,000,000 137 Information Technology Equipment Replacement 360,000 - 360,000 150 Citizens Donations Fund 9,100 - 9,100
151 Cultural Arts 259,066 - 259,066
205 Highway Users Tax (Gas Tax) Fund 346,654 300,000 646,654 206 Highway Users Tax (Gas Tax) Fund II 300,000 - 300,000 210 TransNet Fund 981,409 - 981,409
216 Transportation Development Act Fund 233,547 - 233,547 220 Coronado Tidelands Fund 859,770 - 859,770
230-245 Police SpecialRevenue Funds 112,480 - 112,480
250-252 Library SpecialRevenue Funds 110,500 - 110,500
260 Community Development Block Grant Fund 92,214 - 92,214 266 Affordable Housing Mgmt 10,000 - 10,000
275 Relinquishment Highway Mant - - -
400 General capital Projects 1,100,000 - 1,100,000
436 Major Facilities Rplcmnt 1,800,000 9,000,000.00 10,800,000 510 Wastewater Enterprise Fund 17,344,731 - 17,344,731
520 Golf Course Enterprise Fund 4,129,934 - 4,129,934
530 Storm Drain Enterprise Fund 2,280,364 - 2,280,364
Total Appropriations 96,687,389 - -
TotalInter-fund Transfers - 21,925,450 -
TotalBudget Expenditures and Transfers $ - $ - $118,612,839 NOW THEREFORE, BE IT RESOLVED that the detail of the budget allowances for the various departments or activities is more particularly set out in certain documents now on file in the Office of City Clerk of the City of Coronado and which, by reference, are incorporated and made a part of this Resolution as though set out herein.
BE IT FURTHER RESOLVED that the appropriations shown herein are approved as the budget for the 2022-23 fiscal year and that the City Manager is authorized to transfer funds within and between sub-department budgets, object accounts or funds provided no change is made in the total amount for any department unless such change is approved by the City Council.
City of Coronado Page 8
Attachment 1
BE IT FURTHER RESOLVED that community grant funding for FY 2022-23 in the amount of $1,000,000 is authorized.
BE IT FURTHER RESOLVED that the demands against the City arising from or in connection with the described budget shall be prepared, presented, filed, and paid as authorized by the provisions of City procedures.
PASSED, ADOPTED, AND APPROVED by the City Council of the City of Coronado, California, at a regular meeting thereof this 23rd day of June 2022 by the following vote, to wit:
AYES:
NAYS:
ABSTAIN:
ABSENT
APPROVED:
___________________________________
RICHARD BAILEY, Mayor of the
City of Coronado, California
ATTEST:
___________________________
JENNIFER EKBLAD, City Clerk of the
City of Coronado, California
City of Coronado Page 9
City of Coronado Page 10
Resolution No. 2022-33
Exhibit B
FY 2020-21 FY 2021-22 FY 2022-23
Actual Estimated Actual Proposed
Opening Balance $ 55,079,111 $ 55,588,584 $ 54,792,535
Non-Spendable Fund Balance - (2,833,384) -
Adjusted Opening Fund Balance 55,079,111 52,755,200 54,792,535 1) OPENING FUND BALANCE 55,079,111 52,755,200 54,792,535 2) REVENUE AND SOURCES OF FUNDS 54,901,989 62,770,787 66,060,883 Operating Expenditures
Personnel (32,551,085) (35,173,607) (36,985,069)
Services, Supplies & Property (13,425,982) (15,067,395) (17,088,722) Transfers to Other Operating Funds (4,757,450) (5,937,450) (8,975,450) Subtotal Operating Expenditures (50,734,517) (56,178,452) (63,049,241) Other Transfers to:
Capital Improvement Projects (930,000) (655,000) (1,100,000) Equipment & Facilities Refurb/Replacement Fund - (2,350,000) (1,000,000) 115 Trust for Pension Stabilization (2,728,000) (1,550,000) (550,000) Subtotal Other Transfers (3,658,000) (4,555,000) (2,650,000) 3) TOTAL EXPENDITURES AND TRANSFERS (54,392,517) (60,733,452) (65,699,241) 4) NET INCREASE/(DECREASE) (Lines 2 + 3) 509,473 2,037,335 361,642 5) ESTIMATED ENDING BALANCE (Lines 1 + 4) 55,588,584 54,792,535 55,154,177 Fund Balance Committed for:
Emergency Response (26,850,000) (27,616,000) (31,525,000) Capital Improvement Projects (4,000,000) (4,000,000) (4,000,000) Historic Preservation (500,000) (500,000) (500,000)
6) TOTAL COMMITTED FUND BALANCE (31,350,000) (32,116,000) (36,025,000) 7) UNASSIGNED FUND BALANCE (Lines 5 + 6) $ 24,238,584 $ 22,676,535 $ 19,129,177 Schedule of General Fund (100)
Sources and Uses for Fiscal Years Ending
June 30, 2021, 2022 and 2023
City of Coronado Page 11
Resolution No. 2022-33
Exhibit C
Fund # Description Transfer Out Transfer In
100 GENERAL
Transfer to 106 Recreation Fund $ 4,200,000 $ -
Transfer to 108 Community Development Fund 1,800,000 -
Transfer to 110 Insurance Fund 500,000 -
Transfer from 114 Workers Comp Trust Fund - 1,000,000
Transfer to 118 CalPERS Stabilization Fund 550,000 -
Transfer to 130 Solid Waste Fund 280,000 -
Transfer to 135 Veh/Equip Replacement Fund 1,000,000
Transfer to 137 IT Equipment Replacement 500,000 -
Transfer to 151 Cultural Arts Fund 195,450 -
Transfer to 400 Capital Projects Fund 1,100,000 -
Transfer to 436 Facilities Replacement Fund 1,000,000 - Transfer to 530 Storm Drain Enterprise Fund 500,000 -
106 Recreation Fund - 4,200,000
108 Community Development Fund - 1,800,000
110 Insurance Fund - 500,000
114 Workers Comp Trust Fund 1,000,000 -
118 CalPERS Stabilization Fund - 550,000
130 Solid Waste & Recycling Fund - 280,000
135 Vehicle & Equipment Replacement Fund - 1,000,000
137 IT Equipment Replacement Fund - 500,000
151 Cultural Arts Fund - 195,450
160 CDA Loan Fund - -
205 Highway User (Gas) Tax 300,000 -
206 Highway User (Gas) Tax II - 300,000
275 Relinquishment Highway Maintenance Fund - -
400 Capital Projects Fund - 1,100,000
436 Facilities Replacement Fund 9,000,000 1,000,000
510 Wastewater Utility Fund - 9,000,000
530 Strom Drain Enterprise Fund - 500,000
TOTAL TRANSFERS IN AND OUT $ 21,925,450 $ 21,925,450
CITY OF CORONADO
Schedule of Transfers & Loans
Fiscal Year 2022-23
City of Coronado Page 12
Resolution No. 2022-33
Exhibit D
Project Name Amount
206 Highway Users Tax II 2022-23 Street Preventive Maintenance $ 300,000 210 TransNet Annual Preventive Maintenance / Slurry Project 100,000 SR75 Medians-Shores 800,000
260 CDBG JDSC Emergency Generator 92,214
400 Capital Improvement Projects Cays Park Rehabilitation Master Plan 100,000 Police Station Generator Installation 550,000
Satellite Water Recycling and Turf Care Facilities 50,000 SR-75 Medians-Shores 200,000
Downtown Enhancement Phase 1 Preliminary Design 100,000 Seawall Stabilization and Repair Admiralty Cross 100,000 436 Facilities Rep. Fund Aquatic Center Deck Replacement / Pool Plaster 1,800,000 510 Wastewater Parker Pump Station Rehabilitation 9,000,000 Seaport Manhole Rehabilitation 300,000
First Street Storm Water Flood Relief 200,000
Pump Station Rehabilitation (Point) 952,000
Wastewater Emergency Risk Evaluation 30,000
Wastewater Flow Meters 100,000
530 Storm Drain Bandel Storm Drain Infiltration Repairs 600,000 Bandel Emergency Repairs 200,000
Total FY 2022-23 Capital Project Funding $ 15,574,214
Capital Project Funding
Fiscal Year 2022-23
Fund
City of Coronado Page 13
Attachment 2
RESOLUTION NO. 2022-34
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CORONADO, CALIFORNIA, APPROVING AND ADOPTING
THE ANNUAL APPROPRIATIONS LIMIT FOR FISCAL
YEAR 2022-23
WHEREAS, the voters approved the Gann Spending-Limitation initiative on November 6, 1979, and Proposition 111 on June 5, 1990, which establish and define annual appropriations limits on state and local government agencies; and WHEREAS, regulations required that the governing body of each local agency establish its appropriations limit and annual adjustment factors by resolution; and WHEREAS, the required calculations to determine the City’s appropriations limit and estimated appropriations subject to limitation for FY 2022-23 have been performed by the Department of Administrative Services; and
WHEREAS, documentation used to determine the City’s appropriations limit for FY 2022-23 was provided in advance to the public on the City’s website.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Coronado hereby adopts the City’s Appropriations Limit for FY 2022-23 of $71,410,420; and the Annual Adjustment Factors as presented hereto in Exhibit A.
PASSED, ADOPTED, AND APPROVED by the City Council of the City of Coronado, California, at a regular meeting thereof this 23rd day of June 2022 by the following vote, to wit:
AYES:
NAYS:
ABSTAIN:
ABSENT
APPROVED:
___________________________________
RICHARD BAILEY, Mayor of the
City of Coronado, California
ATTEST:
___________________________
JENNIFER EKBLAD, City Clerk of the
City of Coronado, California
City of Coronado Page 14
Resolution No. 2022-34
Exhibit A
Appropriations Subject to Limit:
FY 2022-23 Revenues (allfunds) $ 85,692,619
Less: Non-Proceeds of Taxes (28,483,173)
Total Appropropriations Subject to Limit (Proceeds of Taxes) 57,209,446 FY 2021-22 Appropriation Limit 66,450,576
A. Change in California Per Capita Cost of Living
(Converted to a Ratio) 1.07550
B. Greater of the Change in Population (Converted to a Ratio) City of Coronado -0.84%: 0.99160
County of San Diego -0.08%: 0.99920 0.99920
Compound Adjustment Factor = (A multiplied by B) 1.074640 FY 2021-22 Appropriations Limit 71,410,420
Estimated Appropriation Subject to Limit: 57,209,446
Under/(Over) Maximum Appropriation Limit $ 14,200,974
Exhibit 1
City of Coronado Appropriations Limit
And Appropriations Subject to Limit
City of Coronado Page 15
Attachment 3
RESOLUTION NO. 2022-35
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CORONADO APPROVING THE POLICY ON FUND BALANCE
AND THE SIZE AND USE OF COMMITTED FUND BALANCE
WHEREAS, it is essential that governments maintain adequate levels of Fund Balance to mitigate current and future risk, to ensure stability, and in support of long-term financial planning; and
WHEREAS, the Government Finance Officers Association recommends that governments establish a formal policy on the level of Committed Fund Balance which should be maintained in the General Fund; and
WHEREAS, on June 23, 2022, the City Council reviewed, updated, and approved its policy on the size and use of committed fund balance and the calculation of the minimum General Fund and other funds committed requirements.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Coronado to review and adopt the policy attached hereto as Exhibit A establishing Fund Balance committed requirements for the General Fund, and other operating funds.
PASSED, ADOPTED, AND APPROVED by the City Council of the City of Coronado, California, at a regular meeting thereof this 23rd day of June 2022 by the following vote, to wit:
AYES:
NAYS:
ABSTAIN:
ABSENT
APPROVED:
___________________________________
RICHARD BAILEY, Mayor of the
City of Coronado, California
ATTEST:
___________________________
JENNIFER EKBLAD, City Clerk of the
City of Coronado, California
City of Coronado Page 16
Resolution No. 2022-35
Exhibit A
CITY COUNCIL POLICY ON FUND BALANCE AND THE SIZE
AND USE OF COMMITTED FUND BALANCE
Adopted June 23, 2022
PURPOSE: A dictate of sound financial management practices is the maintenance of appropriate amounts of Fund Balance as committed to protect the City against unforeseen events such as a natural or man-made disaster, revenue shortfalls, or unanticipated expenditures. Fund Balance may also be committed for future capital projects, historic preservation, and for obligations accruing on a current basis which will be paid in the future, such as facility and equipment replacements. This policy statement articulates the Fund Balance policy and minimum committed fund balance requirements that should be maintained in the General Fund.
This policy and practice also establishes the procedure for reporting assigned and unassigned Fund Balance in the General Fund financial statements and provides authorization to the Director of Administrative Services to prepare financial reports, which accurately categorize Fund Balance as per Governmental Accounting Standards Board (GASB) Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions.
PROCEDURES: In governmental funds, there are five separate components of Fund Balance, each of which identifies the extent to which the City is bound to honor constraints on the specific purpose for which amounts can be spent.
CLASSIFICATIONS NATURE OF RESTRICTION
Non-spendable Cannot be readily converted to
cash Restricted Externally imposed restrictions
Committed City Council imposed commitment
Assigned City Manager assigned
purpose/intent Unassigned Residual balance not otherwise restricted
The first two components listed above are not addressed in this policy due to the nature of their restrictions. Examples of Non-spendable fund balance are as follows: 1) amounts paid in advance (prepaid items) of the period of time for which services will be consumed; 2) loans/ receivables. Restricted Fund Balance is either imposed by law or constrained by grantors, contributors, laws or regulations of other governments.
This policy is focused on the financial reporting of the Committed, Assigned and Unassigned components listed above.
City of Coronado Page 17
Resolution No. 2022-35
Exhibit A
General Fund Committed Fund Balance
In order to mitigate current and future risks, at a minimum, there shall be a commitment of a portion of Fund Balance in the General Fund (Fund 100) which is held for the purpose of responding to locally proclaimed emergencies, such as natural or manmade disasters, and for revenue fluctuations caused by economic downturn.
For the year ending June 30, 2022, the City will commit an amount equal to fifty percent (six months) of the FY 2022-23 adopted operating expenditures budget for the General Fund. This amount is intended to provide for Emergency Response and/or Economic Stabilization. Such unforeseen events may be caused by economic downturns, or man-made and natural disasters. This committed fund balance may be utilized only in the event of a locally proclaimed emergency as specified in Coronado Municipal Code Chapter 2.50. Within 60 days subsequent to the expenditure of funds committed for the purposes established in Coronado Municipal Code Chapter 2.50, the City Manager shall be required to bring an appropriation resolution before the City Council to affirm the use of amounts expended from the General Fund for emergency purposes. In addition, the unassigned portion of Fund Balance may be expended if there is a finding made of an unforeseen loss of revenue of at least 5% of budgeted transient occupancy tax, current property tax revenue, or the need for an unanticipated expenditure(s) of at least 5% of the current year adopted expenditures budget.
In addition to the amount of fund balance committed for emergency, for the year ending June 30, 2022, the City will commit $4,000,000 for future Capital Improvement Projects and $500,000 for future property tax reductions which have resulted from Mills Act property tax reduction agreements. The committed fund balance for capital improvements projects may only be reduced or increased by City Council action taken as part of the adoption or adjustment of the City’s annual budget.
The committed fund balance for historic preservation may be reduced or increased by City Council action taken as part of the adoption or adjustment of the City’s annual budget or reduced without further City Council action for the following reasons:
1) In the event of a proclaimed local emergency.
2) If there is an unforeseen loss of 5% or more in total General Fund actual revenues in comparison with the budgeted revenues for any subsequent year to FY 2020-21.
3) If the actual amount of Current Property Tax Revenues, in any subsequent year to FY 2020-21, is less than the highest amount of Current Property Tax Revenues over the previous ten-year period.
If an approved use of Committed or Unassigned Fund Balance results in the amount declining below the amount prescribed above, the City Manager will submit for approval, during the budget process of the subsequent year, a plan for restoring Committed Fund Balance to the defined minimum level as prescribed above.
Cash Flow City of Coronado Page 18
Resolution No. 2022-35
Exhibit A
The City shall maintain a positive cash position in each fund at year end. Any funds that have a negative cash balance at the end of a fiscal year will be brought to a balance of zero through transfer or as a due from/to from the General Fund.
Assigned Fund Balance
The City’s financial system maintains 14 sub-funds of the General Fund. Although the activities that these funds account for are considered General Fund activities, they are segregated into these sub-funds to determine and evaluate the operational results of each activity. At the end of each fiscal year, an assigned Fund Balance equal to the beginning fund balance plus current year revenues and other financing sources minus current year expenditures and other financing uses will be maintained within the following General Fund sub-funds:
Recreation Services
Community Development
Liability Insurance
Employees Benefits
Workers' Compensation
CalPERS Stabilization
Solid Waste and Recycling
Vehicle and Equipment Replacement
Information Technology Equipment Replacement
Citizens Donations
Cultural Arts
Community Development Loan
Harpst Bequest Principal
Harpst Bequest Interest
The following Fund Balance assignments will be made for Capital Projects:
Facility Replacement and Refurbishment
There shall be an assigned Fund Balance for funding facility refurbishment and for the eventual replacement of public facilities. Annual transfers to the Fund Balance will be based upon accumulated depreciation schedules developed by the Public Services and Engineering Department and reviewed annually by the Administrative Services Department.
City of Coronado Page 19
Resolution No. 2022-35
Exhibit A
Capital Improvements
There shall be an assigned Fund Balance equal to the estimated cost of all capital improvement projects approved and funded by the City Council through the regular budget process. The purpose of this assigned fund balance is to pay all costs associated with designing, constructing, and/or acquiring approved and funded capital improvements.
Unassigned Fund Balance
Unassigned Fund Balance shall be that portion of the Fund Balance which is in excess of what can be properly classified as non-spendable, restricted, committed, or assigned.
Annual Review
Annual review of this policy is recommended at the time of budget adoption and at other times deemed appropriate by the City Council. Actual reserve levels will be monitored and presented to the City Council with each budget adoption, mid-year review, and in the case of an extraordinary economic downturn or disaster.
All moneys in these identified reserves shall be invested in a manner consistent with the adopted investment policy.
City of Coronado Page 20
Resolution No. 2022-35
Exhibit A
Adopted Operating Expenditures Budget FY 2022-23 $ 65,699,241 General Fund Estimated Beginning Fund Balance July 1, 2022 54,792,535 General Fund Estimated Ending Fund Balance June 30, 2023 55,154,177 Committed for Emergency Response and/or Economic Downturn (Six months of Operating Budget) 31,525,000
Committed for CIP 4,000,000
Committed for Historic Preservation 500,000
Total Committed Fund Balance 36,025,000
Estimated Remaining Fund Balance June 30, 2023 19,129,177 FY 2022-23
General Fund Committed Fund Balance Policy Calculation
Exhibit 1
Committed Fund Balance
General Fund Operating & Transfers Budget
City of Coronado Page 21
Resolution No. 2022-35
Exhibit A
City of Coronado Page 22
CITY COUNCIL STAFF REPORT
June 23, 2022 5b
REVIEW AND ALLOCATE THE FISCAL YEAR 2022-23 COMMUNITY GRANT PROGRAM AWARDS.
RECOMMENDATION:
Review and finalize allocations for the Community Grant Program for Fiscal Year (FY) 2022-23.
BACKGROUND:
Since 2000, the City of Coronado has awarded grants in support of local non-profit organizations.
On May 7, 2019, City Council adopted Policy #28 - Community Grants to establish guidelines for the program. On January 7, 2020, the Council considered and approved updated program documents for the FY 2020-21 grant cycle. Stakeholders were invited to comment on the draft documents during a public comment period. The Council approved the final grant program documents on April 7, 2020. For the FY 2020-21 the City received over $1.3 million in funding requests and awarded a total of $800,000 to 16 organizations.
On February 2, 2021, the Council reviewed and approved the program documents for the FY 2021-22 grant cycle. There were no substantial changes to the Community Grant Program parameters. However, based on the magnitude of prior year requests, the Council established a funding request cap of $200,000 per organization. Grant program documents, and the final application were issued on February 12, 2021. An applicant orientation was held on February 24.
Organizations submitted applications by April 2, 2021. For FY 2021-22 the City received 35 applications from 18 organizations. Requests totaled $1,270,137. The City awarded 17 organizations a total of $950,500. This number included funds that were unused by organizations from the previous grant cycle.
On February 15, 2022, the Council reviewed and approved the program documents for the FY 2022-23 grant cycle. Modifications included amending eligibility requirements. Organizations solely in support of fraternal or political causes are not eligible for community grant funding and faith-based organizations qualify only if they have established a separate 501(c)3 organization to operate the funded program, and the program is offered to the general population regardless of faith affiliation and does not require faith affiliation or participation in faith-based activities. The Council also confirmed a minimum application reader score of 70% for funding, clarified the onetime purchase grant to not allow phases of the same project. The Council also affirmed the current practice of the City Manager reviewing a written request by an applicant for a grant modification on a case by case basis.
Also, with the continued increase in the number of applicants, grant requests and dollar amount the Council established a new total request cap of $150,000 per organization. Grant program documents, and the final applications were issued on February 15, 2022. An online applicant orientation was held, and a video of that orientation was available to watch throughout the open application period. For FY 2022-23 the City received 45 applications from 30 organizations for a total of $1,575,100.
City of Coronado Page 23
ANALYSIS:
The Coronado Community Grant Program endeavors to be an objective, activity-based program, focused on promoting positive outcomes for the City’s residents. Per Council Policy #28 grant funding is set this year at 1.55% of General Fund revenues. At its June 21, 2022 meeting the City Council will consider the FY 2022-23 Budget including funding of $1,000,000 for this year’s Community Grant Program. The adoption of this budget will occur on June 23rd prior to consideration of the grant awards. All FY 2022-23 applications, supplemental materials, application average scores and documents relating to this report and the Coronado Community Grant program are available for public review on the City’s website at this link:
https://www.coronado.ca.us/209/Community-Grant-Program
Supporting the City’s valued local groups in a fiscally prudent manner remains a priority of the City and yet a challenge given the increasing number of applications and funding amounts requested. The City’s allocation of $1,000,000 is significant compared to equivalent municipalities and the trend is a growing pool of applicants and increasing funding requests.
Submitted Requests
For the FY 2022-23 grant cycle, the City received a total of 45 applications from 30 organizations, for a total of $1,575,110 in funding requested. The tables below provide a comparison of the last two years submittals.
FY 2022-23 Grant Cycle
Community Element # of Submissions Amount Requested
Economic Development 9 $262,221
Social Services 9 $381,650
Community Pride/Sense of Place 9 $381,650
Arts and Culture 18 $510,249
Total Requests 45 $1,575,110
FY 2022-23 Budget $1,000,000
Difference: Requests – Budget $-575,110
FY 2021-22 Grant Cycle
Community Element # of Submissions Amount Requested
Economic Development 11 $244,450
Social Services 5 $440,512
Community Pride/Sense of Place 9 $338,450
Arts and Culture 10 $246,725
Total 35 $1,270,137
FY 2022-23 Budget $915,000
Difference: Requests – Budget $-355,137
The requests for $1,575,100 for the FY 2022-23 grant cycle requests exceed the available budgeted amount of $1,000,00 by $575,100.
City of Coronado Page 24
For this grant cycle, the City Council established a total request cap of $150,000. Four organizations requested the full amount of $150,000. These four requests represent $600,000 or 60 percent of the total available funding for this cycle.
Organization Amount Requested # of Applications
Coronado Historical Association $150,000 3
Coronado Hospital Foundation $150,000 1
Coronado Philharmonia $150,000 1
Coronado SAFE Harbor $150,000 2
Total $600,000 7
In addition, seven organizations requested funding less than the max but for $55,000 or higher for a total of $621,500.
Organization Amount Requested # of Applications
Coronado Chamber of Commerce $145,200 4
Coronado Floral Association $85,000 1
Coronado Fourth of July $55,000 1
Coronado Island Film Festival $88,000 2
Coronado Mainstreet Ltd. $91,300 7
Emerald Keepers $67,000 2
Lamb’s Players Theatre $90,000 1
Total $621,500 18
Funding Allocation Process
There is no established City Council Policy for the review of the grants, nor is there an established amount designated for each category. It is ultimately the role of the City Council to make final allocations for this program. The role of city staff is to review the funding requests and make recommendations. Staff developed the following process to present the FY 2022-23 funding allocations recommendations:
Step 1 - Adjust for Remaining Funds and Withdrawn Applications The grant application requires organizations to report any unspent funding from the previous grant year and provide the reason. No organizations reported unspent FY 2021-22 grant funding, so no adjustments are necessary. Two organizations voluntarily withdrew their applications with written requests (Coronado Art Association and the Coronado Music and Arts Foundation).
Step 2 - Core Civic Events
In the past the Fourth of July Celebration, the Holiday Parade, and Memorial Day Service have been considered events core to the fabric of the Coronado community. It is not expected that the City would cancel these events if grant funding was unavailable. This year the Fourth of July has requested $55,000 for a project budget of $77,211 and the Chamber of Commerce for the Holiday Parade is requesting $15,000 for a project budget of $70,000. The Memorial Day Committee did not apply for funding in this or last year’s cycle.
City of Coronado Page 25
Last year the staff recommended funding these requests from the city’s established nondepartmental special event fund and treat these core events as contractual agreements rather than Community Grant programs. The Council did not act on this recommendation but fully funded both their requests. For this year’s recommendations staff applied the same review/formula to all grant applications, which did not result in the full requested funding.
Step 3 – Incentive for organizations to seek outside funding Applicants listed additional sources of funding for submitted programs. Twenty-two organizations listed confirmed or potential sources of additional revenue to support their projects. As the City’s grant program continues to attract more applications and programs it is important to continue to encourage our nonprofits to reduce their reliance on municipal funding and diversify and cultivate other funding sources. Staff calculated the percentage of a program’s budget that the applicant was requesting funding from the City’s Community Grant Program. Twenty-three applications requested in excess of 75 percent of their program budget with eight applications requesting 100 percent of their program budget from city funds. Staff calculated 75 percent of the submitted program budget for the 23 applications that exceeded that percentage and used that number as the initial request for funds in calculating recommendations.
Step 4 - Apply Minimum Average Score of 70% for Eligibility and Apply Average Reader Score as a Percentage of Requested Funding
In April 2020, the Council approved evaluation criteria and scoring unique to each Community Element. Scoring rubrics for each community element are published for all applicants on the City’s community grant page and provided to applicants as a resource in completing the application. Experienced, independent field readers specific to each Community Element reviewed and scored submitted applications based on their judgement and professional qualifications. This year Council adopted a score cut-off and grants will not be awarded to organizations receiving a score below 70%. Two organizations, Trauma Intervention Programs of San Diego, Inc. and Coronado Tennis Association did not meet the 70% threshold established by the City Council for funding this year and staff will work with those organization to discuss how to improve their application for the next cycle.
Staff used the average reader score for each program to calculate an award grant recommendation for each application. For example, if the requested funding amount is $50,000 and the application had an average reader score of 90% the award recommendation would be $45,000.
Step 5 – Cultural Arts Commission Recommendations
Per Council Policy #28 Arts and Culture grant applications, readers scores and complete applications are provided to the Cultural Arts Commission for review and recommendation to the City Council. The Commission considered the Arts and Culture applications on June 2, 2022. Staff attended and reviewed the Cultural Arts Commission recommendations for the Arts and Culture category. The Commission reviewed 18 applications from 16 organizations for a total of $510,249.
There were twice as many applications submitted in this Community element as the other three elements. The group reviewed each application and recommend funding the majority of them based on the percentage reader score. For the Coronado Philharmonia and Villa Lobos applications the Commission recommends reducing the number of concerts for funding. Both organizations are new applicants and the commission supports their work and is excited to see these organizations interested in providing music to Coronado residents. However, the Commission did not recommend funding the Villa Lobos School Outreach Program at this time, but if funded for their residency program would encourage the organization to cultivate local student participation this year and establish a relationship with the local schools for future City of Coronado Page 26
consideration. Finally, the Commission recommends that the Crown Town Foundation application not be funded from the Community Grant Program and make an in-kind facility request during the Special Events city review and staff supports this recommendation. (Attachment 1) – Cultural Arts Commission Coronado Community Grant Recommendations to the City Council – 06.02.2022) Staff recommends adopting all the Cultural Arts Commission recommendations or the award amounts from Step 4 whichever is the lessor amount.
Step 6 – Cap remaining single application allocations to $75,000.
After all these steps there are still three organizations who have single applications over $75,000 in recommended awards. These organizations are the Coronado Hospital with a recommendation of $108,000. The Coronado Historical Association at $97,750 and Lamb’s Players Theatre at $88,200. Reducing these three applications to $75,000 would bring the recommended awards to $1,092,682.
Step 7 – Final Considerations to Balance Community Grant Program Budget After applying Steps 1-6 there is still a budget overage of $92,682. Staff suggests considering the following options to remain within budget.
Option 7A. Delay One time purchase awards for consideration during the next granting cycle.
Two years ago, the Council reviewed a one-time purchase application and requested that the applicant return in a year to request funding. There are two one-time purchase applications in this granting cycle. The Coronado Hospital Foundation recommendation is to fund $75,000 for purchase of cardiac intensive care technology and the Coronado School of the Arts Foundation is recommended to fund $13,687 for Coronado Performing Arts Center signage. Council could request one or both applicants to return in a year to request funding or consider partial funding this year and encourage the two applications to return in the next grant cycle for the remaining portion.
Adjustment for Option 7A – up to $88,687 – Total Budget Over by $3,995 Option 7B. Equitable Reduction for Balanced Budget
This approach suggests applying all the baseline steps and assumptions through Step 6 and then reducing all programs by the same percentage. This presents the same across-the-board reduction to balance the budget. This is a totally equitable reduction with all programs reduced by the same percentage. However, treating everyone the same places experienced, proven, foundational programs on par with all new, unproven programs.
Adjustment for Option 7B – $92,682 for a Balanced Budget See Excel Spreadsheet Option 7B for funding recommendations.
Option 7C. Equitable Reduction of recommended grants for the six highest grant awards.
Council could consider reducing awards to the organizations that are recommended for the most funding in this and past grant cycles. These six organizations are the highest recommended grant amounts with CHA, SAFE and the Chamber submitting multiple applications. Reduction of their grants by just under 16% would balance the budget.
City of Coronado Page 27
Organization FY 20-21 Award
FY 21-22
Award
FY 22-23
(Step 6)
FY 22023
Option 7C
Historical
Association $ 188,545 $178,595 $105,467
$88,659
SAFE $ 130,667 $163,645 $134,500 $113,065
Chamber $ 110,000 $153,545 $111,020 $93,326
Hospital
Foundation $ 94,000 $122,083 $75,000 $63,047
Lamb’s Players
Theatre $ 69,700 $75,964 $75,000 $63,047
Coronado Island
Film Festival $ 56,450 $79,923 $ 80,770 $67,873
$ 649,362 $773,755 $581,757 $489,017
Adjustment for Option C – $92,740 for a Balanced Budget Option 7D. Support Continuing Funding for Coronado Community Grant Program Funded Organizations
This approach suggests applying all the baseline steps and assumptions through Step 6 and then maintaining the recommended funding for organizations who have been funded for three of the last five years in the Community Grant Program. Reduce the new programs by equally by 8.5% to stay within the budget. This provides funding for the new programs but prioritizes stable funding for community organizations that have participated for many years in the Coronado Community Grant Program. It allows new programs to prove themselves.
Step 6 Recommendation Organization Option 7D
$50,000 Coronado Philharmonia $34,266
$35,250 Pacifica Animal Welfare Society $24,158
$22,550 Friends of Children United Society $15,454
$22,000 Generate Hope, Inc. $15,077
$20,400 Reading Legacies $13,981
$16,733 Classics for Kids $11,468
$13,687 COSA $9,380
$15,400 Villa-Lobos, Inc. 1 $10,554
$12,615 Coronado Schools Foundation $8,645
$8,292 Jimmy Miller Memorial Foundation $5,682
$2,708 Storytellers of SD $1,889
$75,000 Coronado Hospital Foundation $51,399
$294,635
$201,953
Adjustment for Option D - $92,682 for Balanced Budget
City of Coronado Page 28
The allocation of community grant funding is a legislative action. Legislative actions involve the exercise of discretion governed by considerations of public welfare; in which case the City Council is deemed to have “paramount authority” in such decisions. The staff recommendations contained herein represent a professional transparent and open granting process, best practices review by professionals and commission members and allocations based on rigorous review and scoring.
FISCAL IMPACT:
Per Council Policy #28 – Community Grants, grant funding for FY 2022-23 is set at 1.55% of general fund revenue, or $1 million whichever is less. Recommended funding within the FY 2022- 23 budget for the Community Grant Program is $1 million this year.
ALTERNATIVE:
The Council could decide to allocate all Community Grant Program funding using an alternative method.
CALIFORNIA ENVIRONMENTAL QUALITY ACT:
Not Applicable
PUBLIC NOTICE:
No notice required, but all applicants were notified via email of this item on June 16, 2022.
ATTACHMENTS:
1. Cultural Arts Commission FY22-23 Arts and Culture Funding Recommendations
2. FY22-23 CCGP Staff Recommendations – Excel Spreadsheet Submitted By: City Manager's Office / Kelly Purvis
City of Coronado Page 29
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Attachment 1
FY 22‐23
Arts and Culture Grants
CAC Recommendations to City Council
Cultural Arts Commission Recommendations on Coronado Community Grant Applications ‐Arts and Culture CAC Regular Meeting 6/2/2022
Organization Title CAC Recommendations
CIFF Production and Outreach $ 44,620.00 Classic 4 Kids Cultural Art Access 16,800.0 $ 0 Coronado Art Association Coronado Art Prize Withdrawn
Coronado Chamber of Commerce Art and Wine Festival 7,040.0 $ 0 Coronado Community Band Operations Support $ 20,855.00 Coronado Community Theatre 27th Annual Free Classic Series 10,741.0 $ 0 Coronado Historical Association Preservation 8,800.0 $ 0 Coronado Historical Association Periscope 21,750.0 $ 0 Coronado Schools Foundation Art and Wine Festival 12,615.0 $ 0 CoSA Signage and Box Office Management $ 17,710.00 Crown Town Foundation Coronado's Talent VIP $ ‐ Lamb's Players Coming Back Alive 88,200.0 $ 0 Music and Arts Free Live Music Witdrawn
Musica Vitale Bringing the World to Coronado $ 38,400.00 Philharmonia 22‐23 Concert Season $ 50,000.00 Storytellers Creating a Community of Storytellers 2,846.0 $ 0 Villa Lobos Residency 15,400.0 $ 0 Villa Lobos School Outreach Programs $ ‐ Total Recommended 355,777.0 $ 0 06/23/22
City of Coronado Page 30
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Attachment 2 - Staff Excel Allocation Work
Organization's Name Program Title
Reader Average
Score
Total Program
Budget
Funding
Requested from
CCGP
Funding
Request % of
Total Budget
Step 3 - 75%
Max of Total
Budget
Step 4 - Adjust
to Scoring %
Step 5 -
Adjust with
CAC Recomm.
Step 6 - $75k
Cap
Option 7A -
Delay OneTime Purchase
Option 7B -
Equal
Reduction
Option 7C -
Reduce 6
Highest
Grantees
Option 7D -
Support
Continuing
Funding
Classics 4 Kids Cultural Arts Access for Coronado Schools 83.7 $ 181,000 $ 20,000 11.0% $20,000 $16,733 $16,733 $16,733 $16,733 $15,314 $16,733 $11,468 Coronado Art Association The Coronado Art Prize 84.0 $ 7,650 $ 6,650 86.9% $5,738 $0 $0 $0 $0 $0 $0 $0 Coronado Chamber Of Commerce Coronado Art & Wine Festival 88.3 $ 32,361 $ 8,000 24.7% $8,000 $7,067 $7,040 $7,040 $7,040 $6,443 $5,918 $7,040 Coronado Chamber of Commerce Coronado Visitor Center and Website 80.3 $ 75,000 $ 66,921 89.2% $56,250 $45,188 $45,188 $45,188 $45,188 $41,355 $37,986 $45,188 Coronado Chamber Of Commerce Holiday Parade & Tree Lighting 100.0 $ 50,000 $ 15,000 30.0% $15,000 $15,000 $15,000 $15,000 $15,000 $13,728 $12,609 $15,000 Coronado Chamber of Commerce Promotion of City of Coronado and Its Businesses 79.3 $ 110,400 $ 55,200 50.0% $55,200 $43,792 $43,792 $43,792 $43,792 $40,078 $36,813 $43,792 Coronado Community Band 4th of July Patriotic Concert 93.3 $ 1,450 $ 1,450 100.0% $1,088 $1,015 $1,015 $1,015 $1,015 $929 $1,015 $1,015 Coronado Community Band Operations Support 97.0 $ 25,387 $ 21,500 84.7% $19,040 $18,469 $18,469 $18,469 $18,469 $16,902 $18,469 $18,469 Coronado Community Theatre, Inc. 27th Annual Free Classic Series 93.3 $ 11,550 $ 11,550 100.0% $8,663 $8,085 $8,085 $8,085 $8,085 $7,399 $8,085 $8,085 Coronado Floral Association Coronado Flower Show 97.7 $ 85,000 $ 85,000 100.0% $63,750 $62,263 $62,263 $62,263 $62,263 $56,981 $62,263 $62,263 Coronado Fourth of July Coronado Fourth of July Celebration 93.3 $ 77,211 $ 55,000 71.2% $55,000 $51,333 $51,333 $51,333 $51,333 $46,979 $51,333 $51,333 Coronado Historical Association ‘A View from the Periscope’ Exhibit 86.7 $ 50,000 $ 25,000 50.0% $25,000 $21,667 $21,667 $21,667 $21,667 $19,829 $18,214 $21,667 Coronado Historical Association 2022 Preservation Month Festival & GEM Award 88.3 $ 55,900 $ 10,000 17.9% $10,000 $8,833 $8,800 $8,800 $8,800 $8,054 $7,398 $8,800 Coronado Historical Association Operate Coronado’s Museum 85.3 $ 350,000 $ 115,000 32.9% $115,000 $98,133 $98,133 $75,000 $75,000 $68,638 $63,047 $75,000 Coronado Hospital Foundation Life-Saving Cardiac Intensive Care Technology 72.3 $ 207,127 $ 150,000 72.4% $150,000 $108,500 $108,500 $75,000 $0 $68,638 $63,047 $51,399 Coronado Island Film Festival Coronado Island Film Festival Year-Round Production and Outreach 97.0 $ 88,000 $ 46,000 52.3% $46,000 $44,620 $44,620 $44,620 $44,620 $40,835 $37,509 $44,620 Coronado Island Film Festival The Production of the Annual Coronado Island Film Festival 86.0 $ 88,000 $ 42,000 47.7% $42,000 $36,120 $36,120 $36,120 $36,120 $33,056 $30,364 $36,120 Coronado Music and Arts Foundation Free Live Music for Community 78.7 $ 30,000 $ 15,000 50.0% $15,000 $0 $0 $0 $0 $0 $0 $0 Coronado Philharmonia Orchestra CPO 22-23 Season 95.0 $ 171,000 $ 150,000 87.7% $128,250 $121,838 $50,000 $50,000 $50,000 $45,759 $50,000 $34,266 Coronado School of the Arts Foundation Coronado Performing Arts Center Signage and Box Office Management 77.0 $ 23,700 $ 23,000 97.0% $17,775 $13,687 $13,687 $13,687 $0 $12,526 $13,687 $9,380 Coronado Schools Foundation Coronado Art & Wine Festival 2023 87.3 $ 39,311 $ 14,500 36.9% $14,500 $12,663 $12,615 $12,615 $12,615 $11,545 $12,615 $8,645 Coronado Tennis Association Coronado Youth Tennis Support 65.7 $ 5,000 $ 5,000 100.0% $3,750 $0 $0 $0 $0 $0 $0 $0 Crown Town Foundation Coronado's Talent VIP fundraising venue 76.7 $ 32,400 $ 2,400 7.4% $2,400 $1,840 $0 $0 $0 $0 $0 $0 Emerald Keepers Educational Sustainability Programs 95.3 $ 64,110 $ 55,000 85.8% $48,083 $45,839 $45,839 $45,839 $45,839 $41,951 $45,839 $45,839 Emerald Keepers Tours and Emerald Green, Ocean Blue Businesses 75.3 $ 14,320 $ 12,000 83.8% $10,740 $8,091 $8,091 $8,091 $8,091 $7,405 $8,091 $8,091 Friends of Children United Society FOCUS Brand Awareness Campaign 73.3 $ 41,000 $ 41,000 100.0% $30,750 $22,550 $22,550 $22,550 $22,550 $20,637 $22,550 $15,454 GenerateHope, Inc GenerateHope Long-Term Residential Transition Services for Survivors of Sex Trafficking 88.0 $ 1,600,000 $ 25,000 1.6% $25,000 $22,000 $22,000 $22,000 $22,000 $20,134 $22,000 $15,077 Jimmy Miller Memorial Foundation Coronado Ocean Therapy Program 83.0 $ 17,190 $ 9,990 58.1% $9,990 $8,292 $8,292 $8,292 $8,292 $7,588 $8,292 $5,682 LAMB'S PLAYERS THEATRE COMING BACK LIVE 98.0 $ 3,500,000 $ 90,000 2.6% $90,000 $88,200 $88,200 $75,000 $75,000 $68,638 $63,047 $75,000 MAINSTREET CORONADO LTD Coronado Currency 82.3 $ 9,300 $ 7,400 79.6% $6,975 $5,743 $5,743 $5,743 $5,743 $5,256 $5,743 $5,743 MAINSTREET CORONADO LTD Coronado Nights Out 78.7 $ 30,500 $ 24,500 80.3% $22,875 $17,995 $17,995 $17,995 $17,995 $16,469 $17,995 $17,995 MAINSTREET CORONADO LTD Downtown Monitoring Program 71.3 $ 24,500 $ 24,500 100.0% $18,375 $13,108 $13,108 $13,108 $13,108 $11,996 $13,108 $13,108 MAINSTREET CORONADO LTD Downtown Shopping Events 80.0 $ 22,200 $ 17,800 80.2% $16,650 $13,320 $13,320 $13,320 $13,320 $12,190 $13,320 $13,320 MAINSTREET CORONADO LTD Historic Preservation Activities 87.0 $ 1,900 $ 1,600 84.2% $1,425 $1,240 $1,240 $1,240 $1,240 $1,135 $1,240 $1,240 MAINSTREET CORONADO LTD MainStreet Goes Ghostly 81.0 $ 4,500 $ 3,600 80.0% $3,375 $2,734 $2,734 $2,734 $2,734 $2,502 $2,734 $2,734 MAINSTREET CORONADO LTD MotorCars on MainStreet 83.7 $ 14,900 $ 11,900 79.9% $11,175 $9,350 $9,350 $9,350 $9,350 $8,557 $9,350 $9,350 Musica Vitale Bringing the World to Coronado 96.0 $ 45,470 $ 40,000 88.0% $34,103 $32,738 $32,738 $32,738 $32,738 $29,962 $32,738 $32,738 Pacific Animal Welfare Society PAWS of Coronado Community Services Project 94.0 $ 50,000 $ 50,000 100.0% $37,500 $35,250 $35,250 $35,250 $35,250 $32,260 $35,250 $24,158 Reading Legacies Storybook Legacies 90.7 $ 30,000 $ 30,000 100.0% $22,500 $20,400 $20,400 $20,400 $20,400 $18,670 $20,400 $13,981 Safe Harbor Coronado Family Support Services Program 84.3 $ 159,153 $ 75,000 47.1% $75,000 $63,250 $63,250 $63,250 $63,250 $57,885 $53,170 $63,250 Safe Harbor Coronado Healthy Families Program 95.0 $ 187,742 $ 75,000 39.9% $75,000 $71,250 $71,250 $71,250 $71,250 $65,207 $59,895 $71,250 Storytellers of San Diego Storytelling Institute: Creating a Community of Storytellers 77.7 $ 4,649 $ 3,649 78.5% $3,487 $2,708 $2,708 $2,708 $2,708 $2,478 $2,736 $1,889 Trauma Intervention Programs of San Diego, Inc. Crisis Intervention Training Academy 57.3 $ 13,625 $ 10,000 73.4% $10,000 $0 $0 $0 $0 $0 $0 $0 Villa-Lobos International Chamber Music Festival, Inc. 1 Villa-Lobos International Chamber Music Festival, Coronado Residency 77.3 $ 33,800 $ 20,000 59.2% $20,000 $15,467 $15,400 $15,400 $15,400 $14,094 $15,400 $10,554 Villa-Lobos International Chamber Music Festival, Inc. 2 Villa-Lobos and the Brazilian Cello, School Outreach Programs 72.7 $ 9,700 $ 3,000 30.9% $3,000 $2,180 $0 $0 $0 $0 $0 $0 Total or Average 84.6 $ 7,676,006 $ 1,575,110 20.5% $1,453,405 $1,238,548 $1,162,516 $1,092,682 $1,003,995 $1,000,000 $1,000,000 $1,000,000 1462350.378
CCGP FY2022-2023 Staff Recommendations
City of Coronado Page 31