Special City Council
March 9, 2022

FY 2021-22 Mid-Term Budget
Workshop Special Meeting
March 9th, 2022
General Fund
 TOT Revenues are 63 % of Total Budget at
Mid-Year
 A Budget amendment of $200k is being
proposed due to strong Q1 and Q2 results.

General Fund Revenues: TOT
63%
$2,640,276.00
$2,204,152
$3,321,928
$3,064,742
$1,938,123
$3,264,742.00
$-
$500,000.00
$1,000,000.00
$1,500,000.00
$2,000,000.00
$2,500,000.00
$3,000,000.00
$3,500,000.00
FY 2018/19 FY 2019/20 FY 2020/21 FY 21/22 Amended
Budget
YTD Actuals (JulyDec)Estimated YE
Transient Occupany Tax (TOT)
16 % Growth in the first half of
FY 21/22
 Sales Tax is projected to end the fiscal year
$2.01 million, above Budget estimates.

General Fund Revenues: Sales Tax
63%
45% of the Budget
(excluding Dec receipts)
$1,728,222
$1,797,520
$2,028,010 $1,966,846
$888,439
2,014,972
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
FY 2018/19 FY 2019/20 FY 2020/21 FY 21/22 Amended
Budget
YTD Actuals (JulyDec)Estimated YE
Sales Tax
Reimbursements include:
 COPS Reimbursement
 Developer Deposit Accounts (DDA)
 Cost Allocation Transfers
 45 % of total Budget at Mid-Year.

General Fund Revenues: Reimbursements
$2,694,334
$2,277,219 $2,299,275
$2,686,400
$1,325,277
2,656,403
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
FY 2018/19 FY 2019/20 FY 2020/21 FY 21/22
Amended Budget
YTD Actuals
(July-Dec)
Estimated YE
Reimbursements
 Operating Grant revenues are only at 7 percent at
mid-year and are expected to end the year at
$302k below budget.
 Unspent funds will be carried forward to next
fiscal year.

General Fund Revenues: Operating Grant Revenues
Only 7% of the Budget at Mid-Year
$302k
$120,796
$144,627 $130,163
$489,212
$34,738
187,304
$-
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
FY 2018/19 FY 2019/20 FY 2020/21 FY 21/22 Amended
Budget
YTD Actuals (JulyDec)Estimated YE
Operating Grant Revenues
General Fund Revenues

REVENUE SOURCE
FY 2019/20
Actuals
FY 2020/21
Actuals
Adopted
Budget
Approved Net
Budget
Amendments
Amended
Budget
Pro Rated
Budget as of
12/31/2021
YTD Actual
12/31/2021
Mid-Year
Variance %
Variance
Budget vs.

Actual
Estimated
Year End
Forecast
Surplus/
(Shortfall)
Transient Occupancy Tax $ 2,204,152 $ 3,321,928 $ 2,764,742 $ 300,000 $ 3,064,742 $ 1,532,371 $ 1,938,123 63% $ 405,752 $ 3,264,742 $ 200,000 Sales and Use Tax 1,797,520 2,028,010 1,866,846 100,000 1,966,846 983,423 888,439 45% (94,984) 2,014,972 48,126 Property Tax 1,107,039 1,085,532 1,159,533 - 1,159,533 579,767 659,674 57% 79,907 1,152,076 (7,457) Other Taxes 774,924 810,652 779,500 - 779,500 389,750 367,576 47% (22,174) 812,830 33,330 Sub Total Tax Revenue 5,883,633 7,246,120 6,570,621 400,000 6,970,621 3,485,311 3,853,811 55% 368,501 7,244,621 274,000 Licenses & Permits 124,929 91,567 93,702 - 93,702 46,851 38,176 41% (8,675) 88,157 (5,545) Fines and Forfeitures 70,097 12,181 36,200 - 36,200 18,100 11,356 31% (6,744) 22,539 (13,661) Intergovernmental 14,231 3,000 - - - - - 0% - - -
Use of Money and Property 261,029 (64,616) 27,020 - 27,020 13,510 (32,456) -120% (45,966) 38,782 11,762 Charges for Services 70,402 45,370 57,000 - 57,000 28,500 39,040 68% 10,540 66,492 9,492 Operating Grant Revenue 144,627 130,163 489,212 - 489,212 244,606 34,738 7% (209,868) 187,304 (301,908) Reimbursements 2,277,219 2,299,275 2,685,200 11,200 2,686,400 1,343,200 1,325,277 49% (17,923) 2,656,403 (29,997) Other Revenue 31,675 109,358 18,500 - 18,500 9,250 25,920 140% 16,670 28,798 10,298 TOTAL GENERAL FUND REVE $ 8,877,842 $ 9,872,419 $ 9,977,455 $ 411,200 $ 10,378,655 $ 5,189,328 $ 5,295,863 51% $ 106,535 $ 10,333,095 $ (45,560)

GENERAL FUND REVENUES
General Fund Expenditures by Department

DEPARTMENT
FY 2019/20
Actuals
FY 2020/21
Actuals
Adopted
Budget
Approved Net
Budget
Amendments
Amended
Budget
Pro Rated
Budget as of
12/31/2021
YTD Actual
12/31/2021
Mid-Year
Variance %
Variance
Budget vs.

Actual
Estimated
Year End
Forecast
Surplus/
(Shortfall)

GENERAL GOVERNMENT
City Council $ 120,522 $ 131,496 $ 176,632 $ 111,175 $ 287,807 $ 143,903 $ 114,190 40% $ (29,714) $ 276,409 11,398 Administrative Services 663,500 751,418 956,386 256,025 1,212,411 606,205 575,555 47% (30,651) 1,218,324 (5,913) Marketing & Promotions 185,617 93,060 230,000 - 230,000 115,000 84,549 37% (30,451) 220,650 9,350 Finance 530,505 468,573 606,666 - 606,666 303,333 280,392 46% (22,941) 554,458 52,207 Non-Departmental 682,127 801,470 1,176,338 7,300 1,183,638 591,819 590,386 50% (1,433) 1,058,989 124,648 Community Organizations 38,162 69,869 132,500 - 132,500 66,250 29,900 23% (36,350) 132,500 - DEBT SERVICE 259,956 38,797 80,850 86,092 204,906 102,453 174,243 85% 71,790 197,207 7,699 COMMUNITY DEVELOPMEN 448,795 301,983 384,519 565 385,084 192,542 194,707 51% 2,165 396,168 (11,084)

PUBLIC SAFETY
Police Department 3,854,833 3,467,709 3,797,188 3,000 3,800,188 1,900,094 2,050,841 54% 150,747 3,858,750 (58,563) Fire Department 378,756 439,962 447,758 - 447,758 223,879 335,141 75% 111,262 434,423 13,335

PUBLIC WORKS
Administration & Enginee 588,349 515,726 558,107 25,000 583,107 291,553 322,605 55% 31,052 620,786 (37,679) Parks and Facilities 35,484 31,926 39,800 - 39,800 19,900 15,578 39% (4,322) 40,600 (800) Street Maintenance 111,424 107,607 117,000 16,200 133,200 66,600 41,086 31% (25,514) 130,200 3,000 Storm Drains 22,546 10,847 16,000 - 16,000 8,000 11,145 70% 3,145 16,000 - Corporation Yard 730,605 634,446 444,284 - 444,284 222,142 222,558 50% 416 436,762 7,522 Traffic and Safety 30,894 24,022 73,500 - 73,500 36,750 16,212 22% (20,538) 32,738 40,762 COST ALLOCATION 633,474 478,497 686,131 - 686,131 343,066 343,066 50% - 686,631 (500) TOTAL GENERAL FUND EXPE $ 9,315,549 $ 8,367,408 $ 9,923,658 $ 505,357 $ 10,466,979 $ 5,233,489 $ 5,402,153 52% $ 168,664 $ 10,311,597 $ 155,382

GENERAL FUND EXPENDITURES
Expenditures FY 18/19 FY 19/20 FY 20/21 Amended Budget
FY 21/22
Salaries & Wages $3,615,603 $3,762,405 $3,271,863 $3,707,175 Benefits 2,328,245 2,622,230 2,489,172 2,832,933
Material & Services 2,077,535 2,028,271 1,971,858 2,869,167 Other Expenditures 190,448 83,337 118,054 177,727
Debt Service 185,533 185,533 37,964 37,964
Allocation to ISF 717,808 633,474 478,497 686,631
TOTAL $9,115,172 $9,315,251 $8,367,408 $10,311597
General Fund Expenditures by Category
$-
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
FY 18/19 FY 19/20 FY 20/21 FY 21/22 Projections

GENERAL FUND

REVENUES & EXPENDITURES
Revenues Expenditures
Surplus $196k Deficit $437k Surplus $1.5M Surplus $21k
General Fund Balance
$-
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
FY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY 17/18 FY 18/19 FY 19/20 FY 20/21 FY 21/22 Projections
General Fund Fund Balance- 10 Years;
(In thousands)
Committed Unassigned Non-spendable Total Fund Balance
Operating
Reserve $1.9M
Recession
Reserve $489k
Litigation
Reserve $200k
Unassigned
Reserve
$1.52M
Total Fund
Balance
$4.1M (55%)
Enterprise Funds

WATER ENTERPRISE
FY 2019/20
Actuals
FY 2020/21
Actuals
Amended
Budget
Pro Rated
Budget as of
12/31/2021
YTD Actual
12/31/2021
Mid-Year
Variance %
Variance
Budget vs.

Actual
Estimated
Year End
Forecast
Surplus/
(Shortfall)
Operating Revenue $ 3,325,694 $ 3,726,967 $ 3,203,119 $ 1,601,560 $ 1,799,535 56% $ 197,975 $ 3,207,817 $ 4,697 Total Revenue 3,325,692 3,726,965 3,203,119 1,601,560 1,799,535 56% 197,975 3,207,817 4,697 Personnel services 444,488 452,486 941,515 470,757 342,088 36% (128,669) 890,770 50,745 Administration 439,217 473,261 465,083 232,542 229,524 49% (3,018) 461,383 3,700 Repairs & maintenance 49,885 36,419 40,000 20,000 14,741 37% (5,259) 30,811 9,189 Materials & supplies 140,121 149,867 180,548 90,274 103,639 57% 13,365 142,848 37,700 Utilities 134,585 117,070 120,000 60,000 74,194 62% 14,194 120,000 - Contractual services 45,788 56,769 120,400 60,200 28,165 23% (32,035) 103,400 17,000 Insurance 21,031 17,230 24,122 12,061 - 0% (12,061) 22,349 1,773 Interest/Debt Service * 74,076 64,949 446,103 223,052 379,801 85% 156,749 446,103 - Depreciation ** 326,312 319,552 - - - 0% - - -
Total Expenditures 1,675,503 1,687,603 2,337,771 1,168,885 1,172,151 50% 3,266 2,217,664 120,107 Net Revenue/(Expense) $ 1,650,189 $ 2,039,362 $ 865,349 $ 432,674 $ 627,384 $ 194,709 $ 990,153 124,804 * Audited results do not include payment of principal which is not an expense in full accrual accounting ** Depreciation Expense is not budgeted and therefore not included in calculation of budget variance

WATER ENTERPRISE
Water Enterprise Reserves
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
FY 16/17 FY 17/18 FY 18/19 FY 19/20 FY 20/21 FY 21/22
Projections

WATER ENTERPRISE RESERVES
Capital Reserve,
$3,292,138 , 8%
Unfunded CIP,
36,600,000 , 92%
Water Enterprise Capital Improvement
Funding
Capital Reserve Unfunded CIP

WASTEWATER ENTERPRISE
FY 2019/20
Actuals
FY 2020/21
Actuals
Adopted
Budget
Approved
Net Budget
Amendments
Amended
Budget
Pro Rated
Budget as
of
12/31/2021
YTD Actual
12/31/2021
Mid-Year
Variance
%
Variance
Budget vs.

Actual
Estimated
Year End
Forecast
Surplus/
(Shortfall)
Operating Revenue $ 3,589,864 $ 4,054,058 $ 3,261,722 $ (130) $3,253,131 $ 1,626,566 $ 1,852,628 57% $ 226,062 $ 3,337,323 $ 84,192 Capital Grants 4,512,326 - - - - - 0% - - -
Total Revenue 8,102,190 4,054,058 3,261,722 (130) 3,253,131 1,626,566 1,852,628 57% 226,062 3,337,323 84,192 Personnel services 651,540 686,110 631,549 49,500 681,049 340,524 304,498 45% (36,026) 630,408 50,641 Administration 726,514 693,735 696,714 - 696,714 348,357 361,118 52% 12,761 695,714 1,000 Repairs & maintenance 81,148 60,669 145,250 50,000 195,250 97,625 53,209 27% (44,416) 199,250 (4,000) Materials & supplies 168,008 272,530 230,237 18,953 249,190 124,595 134,266 54% 9,671 228,996 20,194 Utilities 172,435 198,320 210,000 - 210,000 105,000 114,349 54% 9,349 210,000 - Contractual services 111,735 164,551 312,300 52,506 364,806 182,403 161,679 44% (20,724) 419,806 (55,000) Insurance 26,181 53,032 60,305 - 60,305 30,153 - 0% (30,153) 59,225 1,080 Interest/Debt Service * 84,606 97,760 187,650 2,500 190,150 95,075 - 0% (95,075) 190,150 - Depreciation ** 304,310 816,300 - - - - 0% - - -
Total Expenditures 2,326,476 3,043,007 2,474,005 173,459 2,647,464 1,323,732 1,129,120 43% (194,612) 2,633,548 13,915 Net Revenue/(Expense) $5,775,714 $ 1,011,051 $ 787,717 $ (173,589) $ 605,667 $ 302,834 $ 723,508 $ 420,674 $ 703,775 98,108

WASTEWATER ENTERPRISE
Water Enterprise Reserves
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
4,000,000
FY 16/17 FY 17/18 FY 18/19 FY 19/20 FY 20/21 FY 21/22
Projections

WASTEWATER ENTERPRISE RESERVES
Capital Reserve,
$1,570,000 , 12%
Unfunded CIP,
12,000,000 , 88%
Wastewater Enterprise Capital
Improvement Funding
Capital Reserve Unfunded CIP
Internal Service Fund
INTERNAL SERVICE FUND: FACILITIES
FY 2019/20
Actuals
FY 2020/21
Actuals
FY 21/22
Adopted
Budget
Approved
Net Budget
Amendments
Amended
Budget
Pro Rated
Budget as of
12/31/2021
YTD Actual
12/31/2021
Mid-Year
Variance
%
Variance
Budget vs.

Actual
Estimated
Year End
Forecast
Surplus/
(Shortfall)
Operating Revenue $ 11,225 $ 5,826 $ 7,495 $ - $ 7,495 $ 3,748 $ 2,000 27% $ (1,748) $ 5,000 $ (2,495) Interdepartmental Charges 205,744 97,147 195,068 - 195,068 97,534 97,534 50% - 195,068 - TOTAL REVENUES 216,969 102,973 202,563 - 202,563 101,282 99,534 49% (1,748) 200,068 (2,495) Personnel Services 127,949 78,810 93,568 - 93,568 46,784 46,784 50% - 93,568 - Repairs & Maintenance 6,666 19,738 101,500 - 101,500 50,750 13,764 14% (36,986) 50,000 51,500 TOTAL EXPENDITURES 134,616 98,548 195,068 - 195,068 97,534 60,548 31% (36,986) 143,568 51,500 Net Revenue/(Expense) $ 82,354 $ 4,425 $ 7,495 $ - $ 7,495 $ 3,748 $ 38,986 520% $ 35,239 $ 56,500 49,005

ISF-FACILITIES
560,000
580,000
600,000
620,000
640,000
660,000
680,000
FY 19/20 FY 20/21 Projected FY 21/22

FACILITIES (ISF) RESERVES
Facility & Equipment ISF - 10 Year Program
MAJOR PROJECTS/REPLACEMEN 20/21 21/22 22/23 23/24 24/25 25/26 26/27 27/28 28/29 29/30 City Hall - 20,000 - 75,000 - - 25,000 - - -
City Hall East - 3,500 - - 3,500 - - - - -
Fort Building - - - - - - - - 10,000 -
Town Hall - 50,000 - 60,000 - - 3,000 - - -
Fire Station, Main St - - - - - - - - - -
Fire Station, Hwy 20 - - - - - - - - - -
Guest House - 8,000 - 80,000 - - - - - 110,000
Police Department - - - 15,000 70,000 - - - - -
Noyo Headlands Park - 18,000 - 4,500 - 30,000 5,000 - - - Pomo Bluffs Park - 2,000 - 5,000 - - - - 40,000 -
Noyo Beach - - - - - - - - - -
Corp Yard - - - - - - - - - -
Harbor Lite Trail - - - - - - - - - -
TOTAL PROJECT FUNDING NEED $0 $101,500 $0 $239,500 $73,500 $30,000 $33,000 $0 $50,000 $110,000 INTERNAL SERVICE FUND: IT
FY 2019/20
Actuals
FY 2020/21
Actuals
FY 21/22
Adopted
Budget
Approved
Net Budget
Amendments
Amended
Budget 91000 3002246.38
Mid-Year
Variance
%
Variance
Budget vs.

Actual
Estimated
Year End
Forecast
Surplus/
(Shortfall)
Interdepartmental Charges 303,965 272,450 440,990 - 440,990 220,495 220,495 50% - 440,990 - TOTAL REVENUES 303,965 272,450 440,990 - 440,990 220,495 220,495 50% - 440,990 - Personnel Services - 88,483 94,535 10,000 104,535 52,267 51,351 49% (916) 95,680 8,854 Repairs & Maintenance 67 - 4,700 - 4,700 2,350 415 0% (1,935) 4,700 - Materials & Supplies 169,832 194,562 343,498 196,561 540,060 270,030 252,380 47% (17,650) 523,212 16,848 Contractual Services 828 24 - - - - 106 0% 106 106 (106) Depreciation 49,005 (11,734) - - - - -
TOTAL EXPENDITURES 219,732 271,336 442,733 206,561 649,294 324,647 304,253 47% (20,394) 623,699 25,595 Net Revenue/(Expense) $ 84,233 $ 1,114 $ (1,743) $ (206,561) $ (208,304) $ (104,152) $ (83,758) 40% $ 20,394 $ (182,709) 25,595 (100,000)
(50,000)
-
50,000
100,000
150,000
FY 19/20 FY 20/21 Projected FY 21/22

IT (ISF) RESERVES
INTERNAL SERVICE FUND: FLEET
FY 2019/20
Actuals
FY 2020/21
Actuals
FY 21/22
Adopted
Budget
Approved
Net Budget
Amendments
Amended
Budget 91000 3002246.38
Mid-Year
Variance
%
Variance
Budget vs.

Actual
Estimated
Year End
Forecast
Surplus/
(Shortfall)
Interdepartmental Charges 275,810 255,422 384,676 - 384,676 192,338 192,338 50% - 384,676 - Grant Reimbursements 16,744 636,938 130,000 130,000 65,000 - 0% (65,000) 204,600 74,600 TOTAL REVENUES 292,554 892,360 384,676 - 384,676 192,338 192,338 50% - 589,276 (204,600) -
Personnel Services 126,631 144,542 137,689 - 137,689 68,845 81,401 59% 12,556 107,559 30,130 Repairs & Maintenance 35,743 43,647 41,000 - 41,000 20,500 17,746 43% (2,754) 41,000 - Materials & Supplies 62,273 96,891 70,300 - 70,300 35,150 41,645 59% 6,495 85,200 (14,900) Vehicles 490 - 372,000 16,000 388,000 194,000 84,347 22% (109,653) 388,000 - Contractual Services 4,579 2,619 2,000 - 2,000 1,000 - 0% (1,000) 2,000 - Depreciation 117,694 94,221 - - - 0% -
TOTAL EXPENDITURES 347,410 381,920 622,989 16,000 638,989 319,495 225,139 35% (94,356) 623,759 15,230 Net Revenue/(Expense) $ (54,856) $ 510,440 $ (238,313) $ (16,000) $ (254,313) $ (127,157) $ (32,801) 13% $ 94,356 $ (34,483) 219,830 $-
$50,000
$100,000
$150,000
$200,000
$250,000
FY 19/20 FY 20/21 Projected FY
21/22

FLEET (ISF) RESERVES
Internal Service Funds: Fleet
Unit No. Make Yr. Model Hours/Miles
FY 20/21
Adopted
FY 21/22
Adopted
FY 22/23
Projected
FY 23/24
Projected
FY 24/25
Projected
FY 25/26
Projected
FY 26/27
Projected
FY 27/28
Projected
FY 28/29
Projected
FY 29/30
Projected
FY 30/31
Projected
New New 2021 Generator $85,000
New New 2021 Car Trailer $6,000
WWT15 TMC 1986 LIFT TRUCK Gone $55,000
WT1 Dodge 2005 1500 Q. CAB 60,618 $30,000
PW8 JOHNDE 1985 BACKHOE 5,949 $140,000
PW16 FORD 2006 F-150 X-TRA 73,402 $30,000
PW46 STERLING 2020 Vactor 2,576 $602,000
PW1 CHEV. 2000 3500 Flatbed 44,143 $70,000
CHE121 FORD 2006 ESCAPE 59,407 $38,000
PW5 FORD 2006 F-250 SERV. 77,493 $37,000
$657,000 $225,000 $0 $70,000 $67,000 $30,000 $38,000
PD745 FORD 2020 Ford Van 1,135 $62,500 $70,000
PD735 FORD 2005 CROWN VIC 89,424 $56,000 $62,000
PD747 FORD 2009 ESCAPE 127,041 $36,000 $42,000
PD744 FORD 2008 RANGER 55,563 $37,000 $42,000
PD1302 FORD 2011 CROWN VIC 93,103 $56,000
PD1301-K9 FORD 2011 CROWN VIC 74,021 $56,000
PD1403 FORD 2014 INTERCEPTOR 81,966 $58,000
PD501 FORD 2015 INTERCEPTOR 60,435 $58,000
PD500 FORD 2015 INTERCEPTOR 65,201 $58,000
PD509 FORD 2015 TAURUS 109,956 $55,000 $35,000
PD503 FORD 2015 INTERCEPTOR 49,377 $58,000
PD510 FORD 2015 TAURUS 26,398 $37,000
PD502 FORD 2015 INTERCEPTOR 35,072 $60,000
PD507 FORD 2016 INTERCEPTOR 36,271 $60,000
PD508 FORD 2016 INTERCEPTOR 27,193 $60,000
PD513 FORD 2018 INTERCEPTOR 13,826 $62,000
Police Sub-Total $62,500 $147,000 $149,000 $116,000 $93,000 $95,000 $120,000 $60,000 $62,000 $70,000 $146,000 Total Replacement Costs $719,500 $372,000 $149,000 $186,000 $160,000 $125,000 $158,000 $60,000 $62,000 $70,000 $146,000 Vehicle Replacement Plan
Public Works Sub-Total
Mid-Term Budget
Adjustments Requests
FY 2021/22 Budget Adjustment Requests
Dept. Account Account # Current
Budget
Budget
Amendment
Request
Adjusted
Budget
Justification Funding
Source
1 All (Revenue) Transient Occupancy
Tax (TOT)
110-0000-3137 $3,064,742 $200,000 $3,264,742 Adjust to reflect year to date Actuals n/a 2 Police Dept. Professional Services 110-4200-0319 $20,000 $15,000 $35,000 Background, medical, hiring fees for influx of new employees
General FundOperating
Appropriation
3 Police Dept. Professional Services 110-4200-0319 - $22,000 $22,000 Redwood Police Academy for three recruits *Apply for reimb after graduation
General FundOperating
Appropriation
4 Police Dept. Utilities 110-4200-0383 $3,000 $3,500 $6.500 Increase in propane costs General FundOperating Appropriation
5 CDD Professional Services 110-4320-0319 $565 $24,400 $20,965 Additional CEQA Assistance $4,400 + $20k for a Consultant for Planning Services.

General FundOperating
Appropriation
6 Public Works Salaries & Benefits 110-4330-0101 $341,922 $36,000 $377,922 Assistant City Engineer costs- Hired in Nov 2021
General Fund-OA
7 City Council Election costs 110-4110-0315 $2,964 $5,000 $7,964 November 2022 election costs General Fund-OA 9 Admin Legal Notices 110-4130-0364 $3,000 $3,000 $6,000 Legal ads for Ordinances General Fund- OA 10 Admin Recruitment Costs 110-4130-0317 $28,750 $7,000 $35,750 Additional costs- Chief of Police Recruitment
General FundOperating
Appropriation
TOTALGENERAL
FUND
$104,100
FY 2021/22 Budget Adjustment Requests
Dept. Account Account # Current
Budget
Budget
Amendment
Request
Adjusted
Budget
Justification Funding Source
Wastewater Professional
Services
710-4712-0319 $287,006 $70,000 $357,006 Additional funds for Bio solid removal Wastewater enterprise Fleet- ISF Fuel and
Lubricants
522-4550-0382 $68,000 $15,000 $83,000 To cover increases in Fuel Costs ISF- Operating Allocation
Long-Term Financial Plan

LONG TERM FINANCIAL PLAN
FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 FY 26-27 Audited Audited Audited Audited Projected Forecast Forecast Forecast Forecast Forecast Revenue: Sales Tax $ 1,785,264 $ 1,728,222 $ 1,797,520 $ 2,028,010 $ 2,014,972 $ 2,193,915 $ 2,277,033 $ 2,351,465 $ 2,417,417 $ 2,474,606 Property Tax 1,034,552 1,074,931 1,107,039 1,085,532 1,152,076 1,180,878 1,210,400 1,240,660 1,271,677 1,303,468 Transient Occupancy Tax 2,619,227 2,640,275 2,204,152 3,321,928 3,264,742 3,298,185 3,380,640 3,414,446 3,448,590 3,483,076 Cost Allocations 2,078,877 1,863,711 2,238,252 2,299,275 2,656,403 2,775,941 2,900,858 3,031,397 3,167,810 3,310,361 All Other Revenue Sources 1,677,902 2,073,789 1,536,429 1,137,673 1,244,902 1,257,351 1,269,925 1,282,624 1,295,450 1,308,405 Total Revenue 9,195,822 9,380,928 8,883,392 9,872,419 10,333,095 10,706,270 11,038,856 11,320,592 11,600,944 11,879,917 Expenditures: Salaries & Wages 3,940,434 3,615,604 3,762,405 3,271,863 3,707,175 4,016,313 4,104,039 4,247,680 4,396,349 4,496,349 Pensions 745,604 792,101 1,016,499 915,481 984,436 790,000 708,657 680,631 690,631 690,631 Other Benefits 1,792,361 1,536,145 1,605,731 1,573,690 1,848,497 1,871,531 1,906,316 1,951,637 2,029,703 2,029,703 Materials & Services 2,080,027 2,301,401 2,111,910 1,971,858 2,869,167 2,394,174 2,442,058 2,490,899 2,540,717 2,540,717 Allocations to Internal Service Funds 601,371 717,808 633,474 478,497 686,631 888,827 959,933 1,036,727 1,119,666 1,119,666 Other Expenditures 107,966 35,895 - 130,091 177,727 - - - - Debt Service 185,535 185,533 185,533 37,964 37,964 599,703 543,322 611,197 677,197 756,774 Total Expenses 9,453,298 9,184,487 9,315,552 8,379,445 10,311,597 10,560,547 9,864,324 10,218,771 10,654,262 10,833,839 Net Transfers: 110,014 (14,289) (18,229) - - - -
Net Increase (Decrease) to Fund Balance (147,462) 182,152 (450,389) 1,492,974 21,499 145,723 1,174,532 1,101,820 946,682 1,046,078 Beginning Fund Balance 3,106,940 2,959,478 3,141,630 2,691,242 4,184,215 3,455,714 3,601,437 4,775,968 5,877,789 6,824,471 Ending Fund Balance $ 2,959,478 $ 3,141,630 $ 2,691,242 $ 4,184,215 $ 3,455,714 $ 3,601,437 $ 4,775,968 $ 5,877,789 $ 6,824,471 $ 7,870,548 City of Fort Bragg General Fund Five Year Forecast

GENERAL FUND FIVE YEAR FORECAST
$2,959,478 $3,141,630
$2,691,242
$4,184,215
$3,455,714 $3,601,437
$4,775,968
$5,877,789
$6,824,471
$7,870,548
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
$8,000,000
$9,000,000
-
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
Audited Audited Audited Audited Projected Forecast Forecast Forecast Forecast Forecast FY 17-18 FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 FY 26-27 Total Revenue Total Expenses Ending Fund Balance Linear (Total Revenue) Potential New Revenue Sources
Storm Drain
Enterprise
$190k/annually
Parcel Tax
$430k/annually
¼ Cent General
Sales Tax
$500k/annually
3/8 Cent General
Sales Tax
$750k/annually
FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 FY 26-27 Audited Projected Forecast Forecast Forecast Forecast Forecast Revised change in f/balance assuming $190k revenue annually - 211,499 335,723 1,364,532 1,291,820 1,136,682 1,236,078 Projected Fund Balance $ 4,184,215 $ 4,395,714 $ 4,731,437 $ 6,095,968 $ 7,387,789 $ 8,524,471 $ 8,623,866 Revised change in fund balance assuming $430k revenue annually - 451,499 575,723 1,604,532 1,531,820 1,376,682 1,476,078 Projected Fund Balance $ 4,184,215 $ 4,635,714 $ 5,211,437 $ 6,815,968 $ 8,347,789 $ 9,724,471 $ 9,823,866 Revised change in fund balance - 25% Sales Tax first year ($500k/yr.) - 147,435 694,201 1,743,790 1,689,687 1,551,036 1,650,432 Projected Fund Balance $ 4,184,215 $ 4,331,650 $ 5,025,851 $ 6,769,641 $ 8,459,328 $ 10,010,364 $ 10,109,760 Revised change in fund balance - 25% Sales Tax first year ($750k/yr.) - 210,402 968,441 2,028,419 1,983,620 1,853,213 1,974,055 Projected Fund Balance $ 4,184,215 $ 4,394,618 $ 5,363,058 $ 7,391,477 $ 9,375,097 $ 11,228,311 $ 13,202,366 Storm Drain
Enterprise $190k
annually
Parcel Tax
$430k/yr.
1/4 cent General
Sales Tax
$500k/yr.
3/8 cent General
Sales Tax
$750k/yr.
2021 LRB and CALPERS UAL Debt
Current Annual Debt
Payment: $856k

3.5% - 22 years
Budget Savings
($3.5M Bonds
Redeemed)
Annual: $236k
Life of Debt:$5.2M
A B C B+C A+B+C
FY
Unrefunded
UAL
UAL
Restructuring
Site
Acquisition
2021 LRB
Debt Payments
Current
Annual Debt
Payments
Payments if
Site
Acquisition
Bonds Are
Redeemed Savings
2023 $ 256,876 $ 362,126 $ 237,577 $ 599,703 $ 856,579 $ 619,002 $ (237,577) 2024 $ 188,657 $ 307,082 $ 236,240 $ 543,322 $ 731,979 $ 495,739 $ (236,240) 2025 $ 376,361 $ 234,797 $ 611,158 $ 611,158 $ 376,361 $ (234,797) 2026 $ 439,376 $ 237,886 $ 677,262 $ 677,262 $ 439,376 $ (237,886) 2027 $ 521,136 $ 235,699 $ 756,835 $ 756,835 $ 521,136 $ (235,699) 2028 $ 580,635 $ 238,094 $ 818,729 $ 818,729 $ 580,635 $ (238,094) 2029 $ 583,181 $ 235,112 $ 818,292 $ 818,292 $ 583,181 $ (235,112) 2030 $ 589,973 $ 236,920 $ 826,892 $ 826,892 $ 589,973 $ (236,920) 2031 $ 580,935 $ 238,425 $ 819,360 $ 819,360 $ 580,935 $ (238,425) 2032 $ 571,335 $ 234,585 $ 805,920 $ 805,920 $ 571,335 $ (234,585) 2033 $ 568,585 $ 234,485 $ 803,070 $ 803,070 $ 568,585 $ (234,485) 2034 $ 560,495 $ 239,215 $ 799,710 $ 799,710 $ 560,495 $ (239,215) 2035 $ 547,235 $ 238,605 $ 785,840 $ 785,840 $ 547,235 $ (238,605) 2036 $ 543,975 $ 237,825 $ 781,800 $ 781,800 $ 543,975 $ (237,825) 2037 $ 540,375 $ 236,875 $ 777,250 $ 777,250 $ 540,375 $ (236,875) 2038 $ 536,025 $ 235,575 $ 771,600 $ 771,600 $ 536,025 $ (235,575) 2039 $ 536,325 $ 234,100 $ 770,425 $ 770,425 $ 536,325 $ (234,100) 2040 $ 531,100 $ 237,450 $ 768,550 $ 768,550 $ 531,100 $ (237,450) 2041 $ 525,525 $ 235,450 $ 760,975 $ 760,975 $ 525,525 $ (235,450) 2042 $ 594,600 $ 238,275 $ 832,875 $ 832,875 $ 594,600 $ (238,275) 2043 $ 605,700 $ 235,750 $ 841,450 $ 841,450 $ 605,700 $ (235,750) 2044 $ 465,750 $ 238,050 $ 703,800 $ 703,800 $ 465,750 $ (238,050) $ 445,533 $ 11,467,828 $ 5,206,989 $ 16,674,817 $ 17,120,350 $ 11,913,361 $ (5,206,989) Proposed use of the $3.5 Million Funds
Option: 1 Return the funds (Savings of $5.2M, $236k/annually).

Option: 2 Contribute the funds into a Section 115 Pension Fund and gain potentially 6-12 % interest rate. (Returns are not guaranteed)
Option: 3 Use a portion of funds for Land acquisition and pay the rest back.

City of Fort Bragg allocation $1.74 million
Eligible uses include:
 Revenue replacement for the provision of government services to the extent of the reduction in revenue due to the COVID-19 public health emergency, relative to revenues collected in the most recent fiscal year prior to the emergency  COVID-19 expenditures or negative economic impacts of COVID-19, including assistance to small businesses, households, and hard-hit industries, and economic recovery,  Premium pay for essential workers,
 Investments in water, sewer, and broadband infrastructure.

Restrictions include:
 Funds allocated to states cannot be used to directly or indirectly to offset tax reductions or delay a tax or tax increase;  Funds cannot be deposited into any pension fund.

American Rescue Plan Act 2021 (ARPA)
FY 2022/23 Budget
Development
Budget Goals FY 2022/23 Development
Adopt a Balance Budget
Provide for additional contributions to CALPERS
Maintain Operating Reserve and Litigation Reserve
Provide funding for Emergency Reserves
Maintain Current Level of Service (no staff layoffs, program cuts) Provide Cost of Living Adjustment to Staff in years to come 5 4
3 2
1 6