Goleta City Council
June 4, 2024

Agenda Item A.3

CPMS CONSENT CALENDAR
Meeting Date: June 4, 2024
TO: Mayor and Councilmembers
SUBMITTED BY: Luke Rioux, Finance Director
PREPARED BY: Tony Gonzalez, Accounting Manager
Shawna Stokes, Budget Analyst
SUBJECT: Fiscal Year 2023/24 Third Quarter Financial Review RECOMMENDATION:

A. Adopt Resolution No. 2 4-__ entitled, “A Resolution of the City Council of the City of Goleta, California, Amending the City of Goleta Operating and CIP Budget for Fiscal Year 2023/24.”
B. Accept a $32,000 donation from Friends of the Goleta Valley Library for needs and various minor equipment at the Goleta Valley Library.

BACKGROUND:

This report provides a financial update on the City’s preliminary actual revenue and expenditure activity through the third quarter of the Fiscal Year (FY) 2023/24 Operating and Capital Improvement Program (CIP) Budget, which was adopted on June 20, 2023, as part of the two-year FY 2023/24 and FY 2024/25 budget plan . The information in this report is preliminary and provides a review of the revenue and expenditure activity from July 1, 2023 through March 31, 202 4, and other relevant financial information.

Additionally, this report recommends various adjustments to the adopted budget.

In analyzing the attached report, the following information should be taken into consideration:

1. Revenues and expenditures are recorded during the period received or paid. It is only at the end of the fiscal year that accrual entries are made to associate the revenues and expenditures to the corresponding period.

2. The receipt of revenues varies according to the source of funding, so the March totals may not represent thre e months of revenues in many categories. For example, “Traditional” Property Tax payments are normally received as follows:
55% in December, 41% in April, and 4% in June.
1 Meeting Date: June 4, 2024

3. Expenditures for salaries and some operating costs may be disbursed evenly on a month-to-month basis; however, there are some expenditure line items whereby funds are released or encumbered at the start of the new fiscal year. In addition, expenditures for Liability Insurance, Workers' Compensation, and Debt Service are made quarterly, semi-annually, or annually.

DISCUSSION:

General Fund Budget Summary:

Table 1 summarizes the General Fund’s prior year activity, adopted budget, current budget, and recommended amendments. The amounts shown are on a total fiscal year basis.

Table 1 - General Fund Budget Summary

FY 2023/24 Adopted Budget Recap

The FY 2023/24 Adopted Budget was approved on June 20, 2023, with total expenditures at $46. 5 million. The adopted budget included adjusting revenues to capture the new transaction and use tax that went into effect on January 1, 2024. The adopted budget also included increasing expenditures related to the sheriff’s contract, homelessness programs, community center, two new positions (a Facilities and Fleet Coordinator and Assistant Planner), pavement maintenance, concrete maintenance, and new one-time funds for capital projects.

FY 2023/24 Current Budget Recap and Recommended Amendments

 Revenues: The FY 2023/24 Current Budget with recommended amendments has total revenues at $45.4 million. This is an increase of $3.3 million when compared to the original adopted revenue budget of $42.1 million.

 Expenditures: The FY 2023/24 Current Budget with recommended amendments has total expenditures of $66.4 million, an increase of $19.6 million compared to the original adopted expenditure budget of $46.5 million. This $19.6 million increase in expenditures includes the following:

Category
2022/23
Actuals
2023/24
Adopted Budget
2023/24
Current Budget
Recommended
Amendments
2023/24
Amended Budget
Revenues and Other Sources 38,357,365$ 42,113,909$ 43,996,422$ 1,424,150$ 45,420,572$ Operating Expenditures 36,998,432$ 44,635,898$ 48,540,950$ (78,499)$ 48,462,451$ Capital Expenditures 1,144,183$ 1,825,472$ 17,777,023$ 181,000$ 17,958,023$ Total Expenditures 38,142,615$ 46,461,370$ 66,317,973$ 102,501$ 66,420,474$ Net Change to Fund Balance 214,750$ (4,347,461)$ (22,321,551)$ 1,321,649$ (20,999,902)$ Beginning Fund Balance 39,268,940$ 39,369,258$ 39,369,258$ 39,369,258$ Ending Fund Balance 39,483,690$ 35,021,797$ 17,047,706$ 1,321,649$ 18,369,355$ 2 Meeting Date: June 4, 2024

o The carryover budget of $12.5 million (supported by the fund balance of the General Fund), which was detailed in the Q1 Financial Report taken to City Council on December 19, 2023.

o New appropriations of $7.3 million authorized by the City Council since July 1, 2023. The City Council has approved various new expenditure budget appropriations totaling approximately $7.3 million. Of the $7.3 million, $6.6 million was programmed for Project Connect. Other new appropriations include additional funding needed for Library Facilities Improvement Program, HVAC Equipment and Services, Ellwood Beach Drive Draining Repair project, and the Goleta Train Depot.

FY 2023/24 Q3 – General Fund Recommended Amendments Summary:

Staff is recommending various budget adjustments this quarter, which include an increase of $ 1.4 million in revenues and an increase of $102,501 in expenditures. These adjustments are summarized below and further described in the “General Fund – Revenue Analysis” and “General Fund – Expenditure – Analysis” sections below. In addition, line-item details of recommended adjustments can be found in Attachment 5 – Exhibit A (Revenues) and Exhibit B (Expenditures).

 Revenues: Staff recommends a net increase of $1.4 million in revenues, which includes the following adjustments listed below:

o $42,100 increase in Franchise Fees related to an increase in Gas and Solid Waste fees collected through the end of the third quarter.

o $238,000 increase to License & Service Charges related to an increase in building permit activity and plan check fees.

o $60,000 increase in Fines & Penalties related to an increase in receipts received, primarily related to administrative citation activity.

o $697,800 increase to Interest & Rent Income to recognize actual investment earnings.

o $10,000 increase in Reimbursements related to an increase in staff time charges related to CIP and TBID admin fees.

o $376,250 increase to Other Revenues to recognize Library Donations, an increase in Motor Vehicle License Fees , and a cleanup adjustment of transferring $250,000 from the Goleta Library Fund (Fund 215) to the General Fund (Fund 101) related to the Goleta Library ADA and Building Refresh (CIP Project No. 9130) donation.

 Expenditures: Staff recommends a net increase of $102,501 in expenditures, which includes the following adjustments listed below:
3 Meeting Date: June 4, 2024

o $55,000 increase to General Services related to transferring $(14,000) from General Services to Police Services for the Parking Enforcement Vehicle costs and $69,000 to General Services from the CIP 9901 (MIS/ERP System Implementation ) to cover one-time costs for two months of IT Managed Services - ongoing services from Synergy and transition activities with the new managed service provider, Acorn.

o $(422,299) decrease to Library related to the removal of the Goleta Library Fund (Fund 215) to ensure transparency for General Fund (Fund 101), County per Capita Fund (Fund 208), and Special Library Tax (Fund 501 ) and utilizing excess fund balance in the special revenue accounts to free up the General Fund.

 Note: When the two -year budget plan was adopted, it was recommended that the three main Goleta -related library funding sources be consolidated into one main Goleta Library Fund (Fund 215) with the use of “transfers” to help reduce administrative time spent splitting operating costs amongst the three funds. However, after further evaluation, staff have found the reporting difficult when comparing against histor ical activity and knowing the specific funding source for certain expenditure items, as Fund 215 represented the General Fund contribution, County Per Capita, and Library Special Tax revenues. This net adjustment represents a cleanup item to reverse the transfers and utilize the excess fund balance available from the special funds that are there to support library operations. These excess one -time fund balances were built up over time in the past due to less than anticipated expenditures spent from the special revenue fund due to either vacancies or other funding sources being utilized for operations.

o $265,300 increase to Planning & Env ironmental Review related to an increase in building permit activity and plan check fees.

o $14,000 increase to Public Safe ty related to transferring $14,000 to Police Services from General Services for the Parking Enforcement Vehicle costs.

o $9,500 increase to Non-Departmental related to the increased costs for merchant services pass through costs.

o $181,000 increase to Capit al Improvement Projects related to transferring $(69,000) to General Services from the CIP 9901 (MIS/ERP System Implementation) to cover costs for two months of IT Managed Services - ongoing services from Synergy and transition activities with the new MSP and transferring $250,000 to CIP 9130 (Goleta Library 4 Meeting Date: June 4, 2024

ADA and Building Refresh) from Goleta Library Fund 215 to ensure transparency for General Fund 101, County per Capita Fund 208, and Special Library Fund Tax 501.

Attachment 1 provides the General Fund Statement of Revenues & Expenditures, which summarizes the major revenue and expenditure categories by department.

General Fund Revenue Analysis:

The tables presented in this section include budget -to-actual comparisons between the current fiscal year and the previous fiscal year's quarter-to-date actuals. Property tax, sales tax, and transient occupancy tax are the City’s major tax revenues. They account for over 80% of total General Fund revenues. Table 2 summarizes the third quarter budget-to-actual activity, which is followed by a brief discussion of the key revenue variances and where the City is trending.

Table 2 – General Fund FY 2023/24 Revenues through Q3 (March 31)

Property Tax

Property tax is the second largest revenue source for the City as it accounts for 21.4% of total General Fund revenues and it remains the most stable. This category is composed of three payment types – (1) the “Traditional” Property Tax, which is received in large part during the months of December and April ; (2) the Property Tax in Lieu of Motor Vehicle License Fees (MVLF), which is received in two payments during January and May , and (3) the monthly Documentary Transfer Tax revenue, which is derived from changes in ownership of real property and assessed value.

Total property tax revenues anticipated for the fiscal year are estimated at $ 9.4 million.

Compared to the prior year's quarter actuals, this category is experiencing an increase of approximately $132,900 or 2.7% due to an increase in the RDA pass-through payments related to the bond refunding of the former RDA successor agency bonds and an increase in assessed valuations.

Prior Year
Revenues Year End Actuals
Qtr YTD
Actuals
Current
Budget Qtr YTD Actuals
%
Realized
Qtr YTD
% Chg
Property Taxes 9,332,590 4,981,058 9,428,714 5,113,955 54.2% 2.7% Sales Taxes 8,726,058 5,449,642 8,702,900 5,531,484 63.6% 1.5% Transaction and Use Tax - - 5,300,000 701,462 13.2% - Transient Occupancy Tax 13,884,890 8,994,919 13,400,000 8,492,267 63.4% -5.6% Cannabis Tax 1,021,742 585,280 630,000 389,778 61.9% -33.4% Franchise Fee 1,636,443 603,134 1,558,900 608,917 39.1% 1.0% License & Service Charges 2,120,862 1,693,942 2,032,800 1,711,476 84.2% 1.0% Fines & Penalties 170,039 98,626 122,000 136,492 111.9% 38.4% Interest & Rent Income 996,093 1,010,752 812,200 1,470,751 181.1% 45.5% Reimbursements 314,505 235,768 323,000 261,152 80.9% 10.8% Other Revenues 125,585 685,963 1,635,199 50,601 3.1% -92.6% Other Sources 28,558 20,463 50,709 18,287 36.1% -10.6% Total Revenues 38,357,365$ 24,359,547$ 43,996,422$ 24,486,623$ 55.7% 0.5% FY 2023/24FY 2022/23
5 Meeting Date: June 4, 2024

Sales Tax

Sales tax collections are projected to be the third largest revenue source for the City at $8.7 million and account for 19.8% of total General Fund revenues. Sales tax is considered one of the most volatile revenue sources, given the dependency on consumer behavior and business activity. The City does not receive its full 1% sales tax (also known as Bradley-Burns) allocation of the 7.75% sales tax rate that is normally allocated to cities.

The City shares 30% of the 1% sales tax revenues with the County of Santa Barbara, per the RNA. The amount projected to be shared this fiscal year is approximately $3.7 million.

The City’s sales tax base is generated from various main industry categories, including General Consumer Goods , with a dominant share at an average of 2 1%. The General Consumer Goods category is represented by many retail stores providing various consumer goods. The b usinesses in this category include large discount department stores, electronics stores, home furnishing stores, and other retail stores. The next largest industry categories are the State and County Pools (primarily online sales) now at 17% (historically 14%). When combined together, these two industry groups account for 38% of the City’s sales tax base. It is then supplemented by Business and Industry (manufacturers and industrial), Restaurants and Hotels (dining establishments, fast food, and bars), Buil ding and Construction ranging between 12 % to 1 6%, and Autos and Transportation at 10%. For comparison purposes , the percentage share by the eight major industry groups for the City is seen in Figure 1 below:

Figure 1 - Sales Tax by Major Industry Groups

Sales tax revenues are estimated this fiscal year to reach $8. 7 million. Through the end of the third quarter, sales tax receipts were tracking higher in comparison to the prior year's third quarter by 1.5% (or $81,841) at approximately $ 5.5 million. This increase is due to the difference in the advance payment received in March for the third quarter.

Autos and
Transportation
10%
Building and
Construction
12%
Business and Industry
16%
Food and Drugs
4%Fuel and Service
Stations
7%
General Consumer
Goods
21%
Restaurants and Hotels
12%
State and County Pools
17%
6 Meeting Date: June 4, 2024

In April 2024, staff had its quarterly key sales tax meeting with our consultants HdL, and learned the city’s actual sales tax experienced a 3.1% increase in receipts from the October through December period when compared to the same period in the prior year.

The primary driver behind this was a significant investment by a local entity in business - industrial equipment, sourced ex ternally but delivered to Goleta. In addition, the sale of contractor materials received a boost from an inflationary spike in construction input costs.

Based on current actual sales tax data and revised estimates , the City’s sales tax is projected to reach up to $8.8 million, which is slightly above current budget estimates by $100,000. Given the level of uncertainty and volatility, staff is not recommending an adjustment to its current sales tax estimates of $8.7 million. Staff will have its next key sales tax update in August 2024.

Transaction and Use Tax (TUT)

The new 1% TUT measure was effective January 1, 2024, and is anticipated to bring in $5.3 million in FY 2023/24. During the Q2 financial review provided to the City Council on March 5, 2024, staff stated we should be able to start reporting preliminary numbers in the Q3 report. By the end of Q3, staff have started to receive its advance TUT payments, which are currently being reported through Q3 at $701,462. When factoring in current revenue data received through the end of May 2024, total TUT receipts are at $2.3 million.

Most of these payments represent advance payments made by the California Department of Tax and Fee Administration (CDTFA) and represent activity from January through March. Staff will learn more about the actual activity and the underlying data in the next few months and will have a better understanding of performance in August 2024 when we meet with our tax consultants and tax auditors. Updated information will be provided in the Q4 financial review report, presented to City Council in September 2024.

Transient Occupancy Tax (TOT)

The City’s TOT is projected to be the largest General Fund revenue source at 30.5% this fiscal year with a current budget estimate of $13. 4 million. TOT has historically been the largest revenue source since FY 2012/13. TOT is the most volatile and was the most impacted revenue source by the pandemic due to a decrease in overnight stays , and it has since recovered.

Based on actual receipts (cash basis) received by March 31, TOT revenues of $8.5 million were down 5.6% when compared to the same quarter in the prior year of $ 8.99 million.

These amounts represent the timing of receipts received and processed by March 31.

The TOT is due within thirty days after the end of the prior month. For example, TOT collected for February is due by March 31. The $ 8.5 million reflected in the report represents July through January TOT receipts as well as a few February receipts.

To accurately compare and analyze performance, TOT should be reviewed on an accrual basis from July to March. Staff has prepared the following table for informational purposes to show how our TOT is performing through the end of March on an accrual basis of actual 7 Meeting Date: June 4, 2024

receipts received. Table 3 summarizes TOT revenues by month compared to the same months in prior years.

Table 3 – TOT Revenues for the First Nine Months of FY 2023/24 (Accrual Basis)

Since February 2023 of last year, TOT revenues have declined compared to the historical highs experienced in the prior years. Decreases continued to be experienced in the average daily rate (ADR) and occupancy levels. However, in most recent months, the declines have started to slow down and normalize. On an accrual basis, for the first nine months (July through March), TOT revenues were at $10.3 million, up by $127,144 or

1.2% compared to the prior year for the same period at $10.2 million.

It's important to note that during the Q2 (mid-year) financial review, TOT revenues through the end of December showed a decline of approximately $126,000. With the last three recent months (January through March) factored in, overall, TOT revenues are now trending higher. Should revenues continue at this pace, revenues could reach approximately $13.9 million.

Given the volatility and the fact that there are still three months left of the fiscal year, staff is not recommending any adjustments at this time . For FY 2023/24, TOT was estimated conservatively at $13.4 million, ac counting for lower ADR and occupancy levels. When comparing the total budget of $13.4 million, TOT is trending slightly above target at approximately 77% of the total budget. Staff will continue to monitor TOT performance closely, but currently is projecte d to meet estimates. TOT revenues for the entire fiscal year will be finalized in early August and reported in the Q4 financial review in September 2024.

Short-Term Vacation Rentals (STVR)

On July 18, 2023, the City Council adopted updates to its STVR o rdinance, which took effect on August 18, 2023. Over the course of the last six months, staff has been working on ongoing implementation efforts with STVR hosting platforms, onboarding operators to the updated licensing process, and updating TOT/TBID remittance forms tailored to STVR operators for future reporting. Staff also worked with Airbnb to implement a City Portal for increased regulation on unpermitted STVRs and will continue to work with other hosting major platforms, with continued monitoring and compliance with the other hosting platforms. The City Portal allows authorized staff to partner with Airbnb in terms of Month
2018/19
Actuals
2019/20
Actuals
2020/21
Actuals
2021/22
Actuals
2022/23
Actuals
2023/24
Est Actuals
$ Chg from
Prior Year
% Chg from
Prior Year
July 1,325,613$ 1,389,695$ 669,922$ 1,704,247$ 1,621,763$ 1,586,300$ (35,463)$ -2.2% August 1,278,046 1,365,353 894,806 1,546,744 1,531,798 1,425,552 (106,246) -6.9% September 1,010,472 1,057,156 858,289 1,322,884 1,459,340 1,361,360 (97,980) -6.7% October 904,428 1,008,713 845,369 1,130,339 1,148,403 1,214,281 65,879 5.7% November 875,203 826,170 639,146 969,235 1,057,978 1,044,904 (13,074) -1.2% December 692,371 731,050 322,282 889,565 856,218 884,944 28,727 3.4% January 677,067 740,150 348,766 683,128 705,491 831,779 126,288 17.9% February 777,694 826,479 524,788 867,652 822,368 852,391 30,023 3.7% March 883,099 391,077 758,298 1,159,034 987,757 1,116,749 128,992 13.1% Total 8,423,993$ 8,335,843$ 5,861,665$ 10,272,829$ 10,191,117$ 10,318,261$ 127,144$ 1.2% 18/19 Baseline $ Change (88,150)$ (2,562,328)$ 1,848,836$ 1,767,124$ 1,894,268$ 18/19 Baseline % Change -1.0% -30.4% 21.9% 21.0% 22.5%
8 Meeting Date: June 4, 2024

identifying unlicensed or unpermitted vacation rentals and gives us the ability to delist properties, should there be a reason to. In the upcoming fiscal year, staff will continue to work with hosting platforms and operators and collect data. Finance staff will also be working with consultants to assist with ongoing education and monitoring other non-major platforms, including possible direct listings and TOT /TBID collection (including back tax collections).

The table below summarizes the STVR license activity at a point in time.

Table 4 – STVR License Data

STVR License Data
(Status)
Total
(5/16/2023)
Total
(10/13/2023)
Total
12/10/2023)
Total
(2/13/2024)
Total
(5/21/2024)
Active 28 44 55 41 50
Inactive/Expired 36 19 42 52 47
Pending 6 12 11 12 7
Revoked/Terminated/
Suspended 2 5 5 9 16
Total 72 80 113 114 120

Note: Active status represents active, valid STVR licenses. Inactive/expired licenses represent licenses that chose not to renew or were non -responsive, so the license expired. Revoked, Terminated, and Suspended status can be due to an unpermitted dwelling unit or violations, including any code compliance finding unpermitted changes .

Data has been scrubbed for duplicated addresseses.

Approximately 24 operators have been remitting TOT , including Airbnb, which started directly collecting and remitting in March. The total STVR TOT collected through the July 2023 – March 2024 period is approximately $144,000, which is a 48% increase compared to the same period in the prior fiscal year. Additional information will continue to be provided in future quarterly financial reviews.

Cannabis Business Tax

On November 6, 2018, the voters passed Measure Z2018, establishing a tax on cannabis business operations within the City of Goleta. The passing of this ballot measure subjects cannabis businesses to taxation on gross receipts of cannabis based on classific ations up to a maximum of 10 percent. Initial rates were established when passing and codified as Chapter 3.08 into the Goleta Municipal Code. On December 5, 2023, the City Council approved Ordinance No. 23-12, which changed the medical cannabis retail rate from 0% to 5% and made it effective January 2024. The cannabis tax rates are seen in Table 5 on the ensuing page:

9 Meeting Date: June 4, 2024

Table 5 – Current Cannabis Tax Rates

Cannabis Business Classification Activities Taxed Tax Rate Non-Medical Cannabis Retail Gross Receipts 5%
Medical Cannabis Retail*
*Effective January 2024, tax rate set at 5% Gross Receipts 5% Processing/Manufacturing Gross Receipts 2%
Cultivation Gross Receipts 4%
Distribution/Transport Gross Receipts 1%
Testing Gross Receipts 0%
Nurseries Gross Receipts 1%
Maximum Tax Limit Gross Receipts 10%
Maximum Cap for Multiple Operations Gross Receipts 10%

At the time of writing this report, t he City of Goleta currently has 1 2 active licenses, with ten operators now reporting cannabis business tax revenues.

Cannabis business tax payments are due quarterly by the end of the following month (e.g., January through March are due by April 30). Given the timing of when cannabis tax revenues are due, the current $389,778 reported in Attachment 1 reflects only cannabis tax revenues received through March on a cash basis. At the time of preparing this report, preliminary data shows that the City has now collected approximately $ 571,000 of cannabis tax revenue related to activity through the end of March on an accrual basis.

Based on current known data, it is projected cannabis business tax revenues will reach its revised estimates of $630,000 by the end of the fiscal year.

During the Q1 Financial Review, staff recommended an adjustment of cannabis business tax revenues from $1.13 million to $630,000, a decrease of approximately $500,000 or - 44%. That decrease reflected the closure of a major cannabis distributor and the ongoing volatility and uncertainty that surrounds the cannabis industry. Staff will continue to evaluate the cannabis tax activity and potential fiscal impacts as new operators begin to collect and remit taxes. Should revenues continue to fall short of es timates, the unassigned fund balance is available to serve as a revenue stabilizer and absorb the impact, followed by the contingency reserve.

Table 6 on the following page summarizes the approved Cannabis Business License Operators as of the date preparing this report.

10 Meeting Date: June 4, 2024

Table 6 – Cannabis Business License Application Summary

Currently, there are no pending applicants that the staff is aware of . Staff has been working with cannabis operators through the annual renewal process since early January.

In addition, staff has been working with cannabis operators on the updated ordinance changes the City Council adopted on December 5, 2023, that went into effect in January 2024. As a recap, this ordinance change d the medical cannabis retail rate from z ero percent of gross receipts to five percent of gross receipts. The ordinance further clarifies definitions, license types, and application processes and includes updated sections for a change in ownership and a change in premises. The ordinance further s treamlines the application process , removing the social security card requirement and updating the criminal background check requirements. The proposed ordinance also modifie d the general liability insurance requirement to require $1 million per occurrence and $2 million per aggregate and changed the business hours of operations for both storefront retailers and non-storefront retailers (delivery) to now occur from 6:00 a.m. to 10:00 p.m. These updates will give the current operators more flexibility in ter ms of the operations of their business and streamline some of the processes.

Franchise Fees

The City collects franchise fees from four main service provider sources (Cable, Electric, Gas, and Solid Waste). Each provider of these services has a different payment schedule.

Electric and Gas providers make annual payments in April. The Cable provider is on a quarterly payment plan, while Solid Waste fees are collected monthl y. Total franchise fees collected by the end of the third quarter were $608,917 or 39.1% of the budget, staff # Status Business Application Name Location Primary License Type Other Uses or Notes Paying Tax? 1 Approved CalGreen
(Legal Non-Conforming)
164 Aero Camino Storefront Retail Yes
2 Approved Santa Barbara Care Center
(Legal Non-Conforming)
5814 Gaviota Street Microbusiness Storefront Retail
Cultivation
Distribution
Yes
3 Approved Organic Greens Collective
(Legal Non-Conforming)
5902 Daley Street Storefront Retail Yes
4 Approved Green Rush Alliances LLC 6332 Lindmar Ave Manufacturing Distribution Yes 5 Approved Greenbridge Patient Collective 5940 Matthews St Microbusiness Distribution Manufacturing
Non-Storefront Retail (Delivery)
Yes
6 Approved Twisted Roots, Inc
(previously Sublime Processing, LLC)
123 Aero Camino Unit A Microbusiness Manufactuer
Distribution
Non-Storefront Retail (Delivery)
Yes
7 Approved Thornwood Distribution LLC 5756 Thornwood Drive Cultivation (Processor) Nursery Yes 8 Approved One Plant 290 Storke Road Storefront Retail Yes 9 Approved Firefly Delivery, LLC 5775 Dawson Ave Non-Store Front Retail (Delivery)
Delivery only Yes
10 Approved AGQ Green Nature 859 Ward Drive. Suite 103 Testing Testing facility only No 11 Approved Hollister Distribution, Inc. 5631 Calle Real Storefront Retail License issued, not operating yet
No
12 Approved Megan's Organic Market 5999 Hollister Storefront Retail License issued Yes 13 No longer
operating
Ocean Grown Farms 176 Aero Camino Microbusiness Distribution Manufacuring
Non-Storefront Retail (Delivery)
No
14 No longer
operating
HERBL 759 Ward Drive Distribution Went under receivership. No longer operating
No
15 No longer
operating
HERBL 839 Ward Drive Distribution Went under receivership. No longer operating
No
16 No longer
operating
HERBL 749 Ward Drive Distribution Went under receivership. No longer operating
No
11 Meeting Date: June 4, 2024

is recommending a $ 42,100 increase to adjust for an increase in Gas and Solid Waste franchise fees.

Licenses and Service Charges

This revenue category reflects the user fees and charges related to business license processing, planning, and building permit fees, staff time charges related to development activity, and library management service charges. All revenue accounts were revised and updated to reflect anticipated activity for FY 202 3/24. Table 7 summarizes the primary revenue accounts within the Licenses and Service Charges category.

Table 7 – Licenses and Service Charges Summary

Through the end of the third quarter, revenues were $1.7 million and are tracking as expected against the current budget of $2.0 million at 8 4.2%. Compared to the same period in the previous year, overall revenues are up by 1%, primarily due to building permit activity and plan check fees. Currently, the staff is recommending a $238,000 increase to Building Permits, and Plan Check Fees to adjust for an increase in development-related activity.

Fines and Penalties

The City collects various fines and penalties for traffic, parking, towing, and lost item fees related to the library. Overall receipts of $ 136,492 were 111.9% of budget estimates of $122,000. Compared to the same period last year, overall revenues are up by 38.4%.

Currently, staff is recommending a $60,000 increase to Fines and Penalties to adjust for an increase in administrative fines.

Interest and Rent Income

Interest and rent income accounts for rental income from property owned by the City and investment earnings generated from the City’s investment program. Through the end of the third quarter, interest and rent income of $ 1.5 million were at 181.1% of the t otal budget. Compared to the prior year for the same quarter, revenues were up 45.5%. This increase is largely due to a fair market value (FMV) adjustment of $519,117 applied to the City’s investment program as required by the Governmental Accounting Standards Prior Year
Year End Actuals
Qtr YTD
Actuals
Current
Budget

QTR YTD
Actuals
%
Realized
Qtr YTD
% Chg
Legal Deposits Earned 7,300 7,300 1,000 - 0.0% -100.0% Planning Fees 117,807 103,887 120,000 98,638 82.2% -5.1% Planning Deposits Earned 329,810 226,705 268,500 172,020 64.1% -24.1% Building Permits 456,122 361,869 550,000 469,335 85.3% 29.7% Public Works Deposits Earned 32,733 25,576 62,300 11,236 18.0% -56.1% PW/Engineering Fees 98,905 70,412 107,400 55,642 51.8% -21.0% Solid Waste Roll Off Fees 26,455 18,759 30,000 15,678 52.3% -16.4% Business License 539,876 455,044 466,500 413,488 88.6% -9.1% Plan Check Fees 397,352 322,880 300,000 357,534 119.2% 10.7% Other Licenses & Charges 114,501 101,511 127,100 117,905 92.8% 16.2% TOTAL 2,120,862$ 1,693,942$ 2,032,800$ 1,711,476$ 84.2% 1.0% Licenses and Service
Charges
FY 2022/23 FY 2023/24
12 Meeting Date: June 4, 2024

Board (GASB) and reflects an FMV amount of unrealized gains and losses. When considering only actual realized interest earnings, total revenues are at $ 951,634 or 117.2% of budget projections. This increase is due to the c urrent interest rate environment. The City’s interest earnings are forecasted to gradually increase , as short- term and liquid investments like local government investment pools and money market funds tend to follow the Federal Funds Rate very closely.

The Federal Open Market Committee (FOMC) held its most recent meeting on April 30- May 1, 2024 , and decided to hold the Federal Funds Rate steady at a range between

5.25% - 5.50%. This was the sixth consecutive meeting where the FOMC elected to keep the rate unchanged. The FOMC signaled that the committee is unlikely to rai se the Federal Funds Rate further unless inflation starts to rise again. The Federal Funds Rate is a key benchmark that significantly influences overall interest rates in the economy. It is the interest rate at which depository institutions lend reserve balances to other depository institutions overnight. The next FOMC meeting will be on June 11-12, 2024, with markets expecting no change to the Federal Funds Rate at that point. Currently, staff recommends a $697,800 increase to recognize actual interest earnings.

Reimbursements

This revenue category primarily accounts for all staff time reimbursements (cost recovery) related to the CIP and Redevelopment Successor Agency administrative and direct costs.

Additionally, it includes claim reimbursements or other one -time miscellaneous reimbursements. Staff that work directly on projects or programs supported by special revenue funds can charge staff time against the CIP project budgets supported by special revenue funds (if eligible) and reimburse the General Fund. The overall amounts vary year to year, depending on the use of contract engineering services. Contract engineering services are paid for directly from the CIP project budgets supported by the special revenue funds and, therefore, do not require payments from the General Fund. The revenues received through the end of the quarter totaled $261,152 and were 80.9% of the total budgeted amount of $32 3,000. In comparison to the prior year for the same quarter, revenues increased by 10.8% or $25,384 due to an increase in shared costs and admin fees recognized in the third quarter. Staff recommends a $10,000 increase to recognize the increase in staff time charges related to CIP and TBID admin fees.

Other Revenues

This category accounts for all other remaining General Fund revenue amounts , such as Motor Vehicle License Late Fees (MVLF), one -time donations, and other one -time miscellaneous revenues. Revenues were at $ 50,601 by the end of the quarter or approximately 3.1% of the total budgeted amount of $ 1.6 million. In comparison to the prior year for the same quarter, revenues decreased by -92.6%. This decrease in revenue activity is primarily due to library donations being reflected directly in the Goleta Library and the timing of when revenues are expected to be received this fiscal year. Currently, staff recommends an increase of $376,250 to cover an in crease in Library Donations , Motor Vehicle License Fees, and transferring $250,000 to CIP 9130 (Goleta Library ADA 13 Meeting Date: June 4, 2024

and Building Refresh) from Goleta Library Fund 215 to ensure transparency for General Fund 101, County per Capita Fund 208, and Special Library Fund 501.

Other Sources

This category accounts for other financing sources , such as funds transferred in from other funds or other fund resources received from transactions such as the sale of securities or cash received from loans or when bonds are issued. City staff primarily utilize this category to account for funds transferred in for staff time spent administering the Community Development Block Grants (CDBG) program. Other sources received throughout the quarter were at 36.1% or $18,287 of the total budget amount of $50,709.

General Fund Expenditure Analysis:

The General Fund expenditures budget is currently at $ 66 million. Total expenditure through the third quarter should be ab out 75% of the budget, assuming the timing of expenditures is consistent throughout the year. By the end of the third quarter, total expenditures of $27 million were at 41.1% of the total budget. Compared to the prior year for the same quarter, expenditure was up 9.3%. If we were to remove the large one-time capital expenditures and consider only the operating expenditures, we would be at approximately 53.6% of the budget. This is primarily due to the timing of payments made for public safety, additional one-time payments made related to the projects, and other expenditures related to staffing levels. Staff have reviewed their budgets and determined various unanticipated costs experienced in the third quarter and savings in others.

Table 8 summarizes the General Fund expenditure budget activity by department, which is followed by a brief discussion of the key expenditure variances and recommended adjustments.

Table 8 - General Fund FY 2023/24 Expenditures through Q3 (March 31)

All departments were within range (at or below 75%) of their overall allocated budgets as of March 31, 202 4. Provided in Attachment 2 of this report is a “Budget to Actuals” comparison of the Department’s divisions and programs.

Prior Year
Year End Actuals
Qtr YTD
Actuals
Current
Budget

QTR YTD
Actuals
%
Realized
Qtr YTD
% Chg
General Government 6,090,972 4,305,148 6,577,740 4,099,828 62.3% -4.8% General Services 2,823,600 2,088,217 4,134,942 2,396,498 58.0% 14.8% Library 369,363 245,743 810,810 0 0.0% -100.0%
Finance 1,391,911 977,535 1,849,300 1,123,897 60.8% 15.0% Planning & Env. Review 3,717,494 2,604,501 5,247,842 2,964,255 56.5% 13.8% Public Works 9,267,171 4,578,240 15,291,085 5,958,544 39.0% 30.1% Neighborhood Services 2,340,295 1,713,377 3,045,021 1,498,164 49.2% -12.6% Public Safety 9,157,530 7,006,825 10,701,211 7,915,002 74.0% 13.0% Non-Departmental 1,840,096 1,002,712 883,000 48,964 5.5% -95.1% Capital Improvement Projects 1,258,615 382,862 17,777,023 1,225,613 6.9% 220.1% Total Expenditures 38,257,047$ 24,905,159$ 66,317,973$ 27,230,763$ 41.1% 9.3% Expenditures
FY 2023/24FY 2022/23
14 Meeting Date: June 4, 2024

At this time, staff are recommending the following budget adjustments, which can be seen in line-item detail in Attachment 5.

General Services

Staff is recommending budget appropriations of $55,000. This increase is considered net neutral as it is related to internal transfers, with the new affect increasing General Services by $55,000. Staff recommendations and additional details are summarized below:

 A budget appropriation transfer of $12,000 from Program 1820 Information Technology to Program 7100 Police Services to cover costs for the annual software subscription for the Parking Enforcement Vehicle's digital chalking system and license plate recognition searches.
 A budget appropriation transfer of $2,000 from Program 1830 Fleet to Program 7100 Police Services to cover costs for the vehicle maintenance for the Parking Enforcement Vehicle's digital chalking system and license plate recognition searches. All expenses for this vehicle should be reflected in the Program 7100 Police Services budget for proper reporting.
 A budget appropriation transfer of $69,000 from CIP 9901 (MIS/ERP System Implementation) to Program 1820 Information Technology to cover costs for two months of IT Managed Services - ongoing services from Synergy and transition activities with the new MSP, who will be the sole provider as of July 1, 2024. This transfer allows better tracking of IT-related costs in Program 1820.

Goleta Library

In recent staff discussions with Finance, Library, and Neighborhood Services, the staff is recommending transitioning to the original accounting method for increased transparency on funding sources for the Goleta Library rather than utilizing the transfer method into one main Goleta library fund. Staff found transparency and reporting more valuable when direct charges are made to the specific fund. During the process, staff also reviewed fund balances, of the library special revenue funds and included cleanup adjustments to ensure special funds are utilized first before the General Fund. Staff is recommending budget appropriation s of -$422,299 to remove Goleta Library Fund 215 to ensure transparency for General Fund 101, County per Capita Fund 208, and Special Library Fund 501.

Related to the budget appropriation adjustments, are cash donations of $9,900 and $32,000 from the Friends of Goleta Valley Library. The $9,900 is for repairs to the attic ladder at the Goleta Valley Library, and the $32,000 is for various minor equipment, such as computer -related items. In accordance w ith the City’s Donation and Gift Policy, donations of cash or items valued more than $5,000 and up to $10,000 may be accepted by the City Manager, and donations of cash or items valued more than $10,000 must be accepted by the City Council.

15 Meeting Date: June 4, 2024

In accordance with the City’s Donation and Gift Policy, staff recommend that the City Council formally accept a $32,000 donation from the Friends of Goleta Valley Library. The recommendation section includes the acceptance language for the $32,000 donation, and a copy of the Donation Acceptance Form is provided in Attachment 6. The $9,900 donation is part of the budget appropriation adjustments but can be formally accepted by the City Manager.

Planning & Env. Review

Staff is recommending budget appropriation s of $265,300 to cover the increased costs for Building and Plan Check Fees. An offsetting revenue adjustment is also recommended. Building and safety services are contracted out, in that the City retains 30% of the building and plan check fees, with 70% going to expenses.

Police Services

Staff is recommending budget appropriation s of $14,000. Staff recommendations and additional details are summarized below:

 A budget appropriation transfer of $12,000 from Program 1820 Information Technology to Program 7100 Police Services to cover costs for the annual software subscription for the Parking Enforcement Vehicle's digital chalking system and license plate recognition searches.
 A budget appropriation transfer of $2,000 from Program 1830 Fleet to Program 7100 Police Services to cover costs for the vehicle maintenance for the Parking Enforcement Vehicle's digital chalking system and license plate recognition searches. All expenses for this vehicle sho uld be reflected in the Program 7100 Police Services budget for proper reporting.

Non-Departmental

Staff is recommending budget appropriations of $9,500 to cover the increased costs for merchant fees, which are offset by user fees.

Capital Improvements Program (CIP)

Staff is recommending budget appropriation s of $181,000 for two CIP projects . Staff recommendations and additional details are summarized below:

 A budget appropriation transfer of -$69,000 from CIP 9901 (MIS/ERP System Implementation) to Program 1820 Information Technology to cover costs for two months of IT Managed Services - ongoing services from Synergy and transition activities with the new MSP, who will be the sole provider as of July 1 , 2024. This transfer allows better tracking of IT-related costs in Program 1820. 16 Meeting Date: June 4, 2024

 A budget appropriation transfer of $250,000 for CIP 9130 (Goleta Library ADA and Building Refresh) to remove Goleta Library Fund 215 to ensure transparency for General Fund 101, County per Capita Fund 208, and Special Library Fund 501.

General Fund - Fund Balance and Reserves:

Table 9 shows a recap of Fund Balance as of June 30, 2023, and June 30, 2024, which has been revised. The FY 2022/23 ending fund balance column reflects actual revenues and expenditures and fact ors in final carryover amounts related to FY 202 2/23. The carryover amounts are reflected in “CIP Project Funding” and “Encumbrances” in the table below. In addition, reserve categories were updated to the policy level and adjusted to the adopted budgeted amounts. Staff have included IT Reserves.

Table 9 – General Fund FY 2023/24 – Estimated Fund Balance and Reserves

As shown above, the revised estimated FY 2023/24 total fund balance is projected at $18 million as of June 30, 2024. This figure includes all city fund balance categories. After incorporating recommended Q 3 budget adjustments , the budgetary unassigned fund balance, which is not earmarked for any specific purpose, is projected at approximately $2 million on June 30, 202 4. It’s important to note that the unassigned fund balance is currently being programmed out in the upcoming FY 2024/25 budget, and actual amounts will be finalized and reported in the Q4 financial review report when staff close their books at year-end. In addition, staff is evaluating debt financing options so more information on the city’s fund balances will be discussed in the coming months. The unassigned fund balance consists of one-time funds that are essential for:

 Ensuring economic stability in case of revenue shortfalls  Managing liquidity and cash flow needs
Classification
FY 22/23
Ending Fund Balance Increase Decrease
FY 23/24
Est. Ending Fund
Balance
Q3 Pending
Adjustments
FY 23/24 Revised
Est. Ending Fund
Balance
Prepaids and Deposit 15,049 (15,049) - - - City Hall Solar Removal 94,500 94,500 94,500 Public Facilities/Building
Maintenance 830,108 (73,115) 756,993 756,993 Capital Equipment 791,653 791,653 - 791,653 Compensated Leave 428,625 428,625 - 428,625 Risk Management 200,000 200,000 200,000 Litigation Defense Fund 600,000 600,000 600,000 Contingency 11,235,254 1,593,486 12,828,740 12,828,740 Street Maintenance - - - Sustainability - - -

OPEB UAL - - - CalPERS Pension UAL - - - IT Reserve - 160,000 160,000 160,000 CIP Project - Train Depot Match - - - CIP Project Funding 8,586,626 (8,586,626) - - Encumbrances 4,957,399 (4,957,399) - - FMV Adjustment 519,117 519,117 519,117 Unassigned Fund Balance - Held
for liquidity and revenue stability 3,000,000 - (3,000,000) - - - Unassigned Fund Balance 8,110,926 - (7,442,847) 668,079 1,321,649 1,989,727 Total Fund Balance 39,369,258 1,753,486$ (24,075,037)$ 17,047,706$ 1,321,649$ 18,369,355$ 17 Meeting Date: June 4, 2024

 Addressing various unanticipated one-time expenditures, such as gap funding, or immediately addressing emergency response, without reducing operating budget  Meeting other priority needs as they arise

Maintaining an adequate unassigned fund balance is vital for the city’s fiscal health, as it also supports creditworthiness and offers a financial cushion against unforeseen one - time expenses or immediate revenue shor tfalls. The City has utilized this balance when additional appropriations are needed for capital projects or major projects. Most recently, $5 million was recommended for appropriation towards the Ekwill Street and Fowler Road Extensions Project.

While this reduction substantially decreases the unassigned fund balance, it’s important to note that the city continues to maintain its separate contingency reserve of $12,828,740 for emergencies or further interruptions in cash inflows.

Note: The Finance Annual Work Program for FY 2024/25 includes a comprehensive review of evaluating reserve categories and amounts under long-range projects contingent on staff capacity.

Revenue Neutrality Agreement (RNA):

The receipts and payments resulting from the RNA are not included in the budget. Under the RNA, the County is allocated 30% of the 1% Sales Tax revenues generated within the City of Goleta and shares equally in the city's Property Tax revenues. The estimated cost for FY 2023/24 of the total RNA payments is $7.7 million. The estimated total contribution since the City's incorporation in 2002 is approximately $151.9 million through the end of FY 2023/24.

Capital Improvement Program and Other Funds:

Staff has provided Attachment 3 to summarize all other Special Revenue Fund revenues and expenditures with budget-to-actual comparison. On a budget basis, the various grant- type funds are balanced with revenues matching expenditures. However, on an actual basis, funds are reimbursed after they are expen ded. The reimbursement requests for grant expenditures are submitted either on a monthly or quarterly basis by the department staff responsible for the project reimbursements. Any negative balances are due to the timing of revenues being received by the Ci ty. Revenue projections are reviewed on a quarterly basis and recommended adjustments are made when necessary. The Other Funds section below briefly describes the financial activity through the quarter for some of the City’s major operating funds . Attachment 4 provides a CIP Expenditure Summary on a budget-to-actual basis to ensure that projects do not exceed the appropriations allocated to the project.

Other Funds:

Gas Tax Fund (Fund 201)

18 Meeting Date: June 4, 2024

The state imposes sales taxes and per -gallon excise taxes on ga soline and diesel fuel.

The local portion of these allocations flows through the Highway Users Tax Account (HUTA). State law requires that these funds be used exclusively for the maintenance of the street and highway system. Gas tax revenues through the en d of the quarter are at $646,921 or 72.9% of the $887,463 revenue budget amount. Budgeted expenditures are programmed at $2 million for the fiscal year. Actual expenditures were at $80,363 or 3.9% of the budget.

SB1 Road Maintenance & Repair Act (RMRA) (Fund 203)

Senate Bill 1 (SB 1) – Road Repair and Accountability Act of 2017 has been in effect since November 1, 2017. Revenues are generated from fuel and vehicle registration taxes. State law requires these funds to be used exclusively for the transportation system.

SB 1 revenues through the end of the quarter are at $508,460 or 64.1% of the $792,772 revenue budget amount Budgeted expenditures are programmed at $ 1.18 million .

Through the end of the quarter, $321,908 or 27.2% of the budget has been expended or encumbered. All budget is programmed towards the City’s pavement rehabilitation program.

Measure A Fund (Fund 205)

The Santa Barbara County Association of Governments (SBCAG) receives a half -cent sales tax for transportation improvements in Santa Barbara County. The City of Goleta receives a portion of those funds to use exclusively for transportation-related purposes.

Measure A revenues through the end of the quarter are at $ 1.8 million or 80.2% of the $2.2 million revenue budget amount. Budgeted expenditures are programmed at $ 7.8 million. Through the end of the quarter , $4.4 million, or 56% of the budget, has been expended or encumbered.

Recommended Budget Amendments – Special Revenue Funds:

Staff is recommending various expenditure budget adjustments for other various Special Revenue Funds. Additional details and corresponding revenue adjustment (if applicable) are found in Attachment 5 – Exhibit A.

FINANCE COMMITTEE REVIEW:

The Finance Committee normally meets quarterly for financial reviews. At its most recent meeting, held on May 13, 2024, the committee reviewed the preliminary operating budget for FY 2024/25, which included preliminary information on the FY 2023/24 Q3 Financial Review Report. Staff recommends submitting to City Council and will meet to review the FY 2023/24 Q4 Financial Review in September 2024.

19 Meeting Date: June 4, 2024

FISCAL IMPACTS:

General Fund

Revenues are recommended for a n increase of $ 1.4 million, and expenditures for an increase of $102,501. The recommended budget adjustment results in a net increase of $1.3 million to the total fund balance of the General Fund. After adjustments, the total ending fund balance is projected at $ 18.4 million, which includes an unassigned fund balance of $ 2 million. Additional details of the accounts affected by the recommended General Fund budget adjustments can be found in Exhibit A of Attachment 5.

Other Funds

The recommended amendments to Other Special Revenue Funds described above are detailed in Attachment 5—Exhibit A.

Council is asked to adopt the attached resolution s (Attachment 5) approving the recommended budget adjustments.

City’s Cash Flow and Position:

The City’s Finance Department monitors its cash flow and position daily. The cash funds are pooled and considered very liquid, as most of its funds are invested in overnight pooled investment accounts such as LAIF or its money market account. The City’s special revenue accounts have a committed fund balance that is pooled with the General Fund.

When pooled all together, the City’s cash position was approximately $68 million on March 31st.

ALTERNATIVES:

Council may elect not to adopt the attached resolution, thereby leaving the budget as previously approved; however, certain budget recommendations are necessary to meet obligations and financial reporting requirements.

LEGAL REVIEW BY: Megan Garibaldi, City Attorney

APPROVED BY: Robert Nisbet, City Manager

ATTACHMENTS:

1. General Fund Statement of Revenues and Expenditures

2. General Fund Interim Statements by Department and Program

3. Interim Statement of Revenues and Expenditures - Summary by Fund

4. Capital Improvement Program (CIP) Expenditure Summary by Project 20 Meeting Date: June 4, 2024

5. Resolution No. 2 4-__ entitled, “A Resolution of the City Council of the City of Goleta, California, Amending the City of Goleta Operating and CIP Budget for Fiscal Year 2023/24”

6. Donation Acceptance Form
21 ATTACHMENT 1:

General Fund Statement of Revenues and Expenditures
22 Attachment 1
Property Taxes 9,015,100 413,614 9,428,714 5,113,955 54% - 9,428,714 Sales Taxes 8,702,900 - 8,702,900 5,531,484 64% - 8,702,900 Transaction and Use Tax 5,300,000 - 5,300,000 701,462 13% - 5,300,000 Transient Occupancy Tax 13,400,000 - 13,400,000 8,492,267 63% - 13,400,000 Cannabis Tax 1,130,000 (500,000) 630,000 389,778 62% - 630,000 Franchise Fee 1,558,900 - 1,558,900 608,917 39% 42,100 1,601,000 License & Service Charges 2,014,100 18,700 2,032,800 1,711,476 84% 238,000 2,270,800 Fines & Penalties 122,000 - 122,000 136,492 112% 60,000 182,000 Interest & Rent Income 462,200 350,000 812,200 1,470,751 181% 697,800 1,510,000 Reimbursements 323,000 - 323,000 261,152 81% 10,000 333,000 Other Revenues 35,000 1,600,199 1,635,199 50,601 3% 376,250 2,011,449 Other Sources 50,709 - 50,709 18,287 36% - 50,709 Total Revenues 42,113,909 1,882,513 43,996,422 24,486,623 56% 1,424,150 45,420,572 General Government 6,446,052 131,688 6,577,740 4,099,828 62% - 6,577,740 General Services 3,526,500 608,442 4,134,942 2,396,498 58% 55,000 4,189,942 Library 810,810
- 810,810 0 0% (422,299) 388,511 Finance 1,849,300 - 1,849,300 1,123,897 61% - 1,849,300 Planning & Env. Review 4,895,200 352,642 5,247,842 2,964,255 56% 265,300 5,513,142 Public Works 12,711,500 2,579,585 15,291,085 5,958,544 39% - 15,291,085 Neighborhood Services 2,981,100 63,921 3,045,021 1,498,164 49% - 3,045,021 Public Safety 10,542,436 158,775 10,701,211 7,915,002 74% 14,000 10,715,211 Non-Departmental 873,000 10,000 883,000 48,964 6% 9,500 892,500 Capital Improvement Projects 1,825,472 15,951,551 17,777,023 1,225,613 7% 181,000 17,958,023 Total Expenditures 46,461,370 19,856,603 66,317,973 27,230,763 41% 102,501 66,420,474 Net Change in Fund Balance (4,347,461) (17,974,090) (22,321,551.2) (2,744,140) 1,321,649 (20,999,902) Beginning Fund Balance 39,369,258 39,369,258 39,369,258 39,369,258 Ending Fund Balance 35,021,797 17,047,706 36,625,117 18,369,355 Amended BudgetExpenditures % of BudgetOriginal Budget Prior Revisions Current Budget 3/31/2024 Actuals
Recommended
Revisions
General Fund Statement of Revenue and Expenditures
City of Goleta
Amended Budget Recommended
RevisionsOriginal Budget Prior Revisions Current Budget 3/31/2024 Actuals % of Budget
Budget to Actual Comparison
For the Quarter Ended March 31, 2024
Revenues

23 ATTACHMENT 2:

General Fund Interim Statements by Department and Program 24 City of Goleta
General Fund Interim Statement of Revenues and Expenditures by Department and Program Budget to Actual Comparison
For the Quarter Ended March 31, 2024
Attachment 2
Annual
"Current"
Budget

QTR YTD
Actuals
Remaining
Balance
Percent
Received
Prior Year

QTR YTD
Actuals
Taxes
Property Taxes 9,428,714 5,113,955 4,314,759 54.2% 4,981,058 Sales Taxes 8,702,900 5,531,484 3,171,416 63.6% 5,449,642 Transaction and Use Tax 5,300,000 701,462 4,598,538 13.2% - Transient Occupancy Tax 13,400,000 8,492,267 4,907,733 63.4% 8,994,919 Cannabis Tax 630,000 389,778 240,222 61.9% 585,280 Franchise Fee 1,558,900 608,917 949,983 39.1% 603,134 Total 39,020,514 20,837,863 18,182,651 53.4% 20,614,034 Licenses & Service Charges
Legal Deposits Earned 1,000 - 1,000 0.0% 7,300 Planning Fees 120,000 98,638 21,362 82.2% 103,887 Planning Deposits Earned 268,500 172,020 96,480 64.1% 226,705 Building Permits 550,000 469,335 80,665 85.3% 361,869 Public Works Deposits Earned 62,300 11,236 51,064 18.0% 25,576 PW/Engineering Fees 107,400 55,642 51,759 51.8% 70,412 Solid Waste Roll Off Fees 30,000 15,678 14,322 52.3% 18,759 Business License 466,500 413,488 53,012 88.6% 455,044 Plan Check Fees 300,000 357,534 (57,534) 119.2% 322,880 Other Licenses & Charges 127,100 117,905 9,195 92.8% 101,511 Total 2,032,800 1,711,476 321,324 84.2% 1,693,942 Fines and Forfeitures
Fines & Penalties 122,000 136,492 (14,492) 111.9% 98,626 Total 122,000 136,492 (14,492) 111.9% 98,626 Investment Income
Interest & Rent Income 812,200 1,470,751 (658,551) 181.1% 1,010,752 Total 812,200 1,470,751 (658,551) 181.1% 1,010,752 Reimbursements
Reimbursements 323,000 261,152 61,848 80.9% 235,768 To
tal 323,000 261,152 61,848 80.9% 235,768 Other Revenues
Other Revenues 1,635,199 50,601 1,584,598 3.1% 685,963 Total 1,635,199 50,601 1,584,598 3.1% 685,963 Other Financing Sources
Transfers In 50,709 18,287 32,422 36.1% 20,463 Total 50,709 18,287 32,422 36.1% 20,463 TOTAL REVENUES 43,996,422 24,486,623 19,509,799 55.7% 24,359,547

25 City of Goleta
General Fund Interim Statement of Revenues and Expenditures by Department and Program Budget to Actual Comparison
For the Quarter Ended March 31, 2024
Attachment 2
Annual
"Current"
Budget

QTR YTD
Actuals Encumbrances Totals
Remaining
Balance
%YTD Expended
w/ Encumbr
General Government
City Council 454,290 300,519 - 300,519 153,771 66.2% City Manager 2,160,050 1,141,186 331,473 1,472,659 687,390 68.2% City Clerk 736,200 521,375 24,323 545,698 190,502 74.1% Support Services 197,700 112,153 17,495 129,648 68,052 65.6% City Attorney 1,070,900 575,942 250,804 826,746 244,154 77.2% Community Relations 597,300 411,412 20,986 432,398 164,902 72.4% Support Services 1,361,300 1,037,240 38,060 1,075,300 286,000 79.0% Total 6,577,740 4,099,828 683,140 4,782,968 1,794,772 72.7% General Services
General Services 972,600 551,662 20,750 572,412 400,188 58.9% Facilities 1, 667,035 1,059,716 132,596 1,192,312 474,723 71.5% Information Technology 1,042,163 652,596 154,141 806,737 235,426 77.4% Fleet Management 453,144 132,524 106,069 238,593 214,551 52.7% Total 4,134,942 2,396,498 413,556 2,810,054 1,324,888 68.0% Library
Library Services 760,810 - - - 760,810 0.0% Book Van 50,000 - - - 50,000 0.0% Total 810,810 - - - 810,810 0.0% Finance
Administration 1,849,300 1,123,897 80,521 1,204,418 644,882 65.1% Total 1,849,300 1,123,897 80,521 1,204,418 644,882 65.1% Planning & Environmental Review
Administration 446,800 311,271 - 311,271 135,529 69.7% Current Planning 1,949,381 1,185,646 91,944 1,277,590 671,791 65.5% Building & Safety 596,600 487,338 107,720 595,058 1,542 99.7% Advanced Planning 1,182,982 521,762 226,978 748,740 434,243 63.3% Planning Commission 168,300 82,651 - 82,651 85,649 49.1% Sustainability Program 432,479 235,813 50,047 285,860 146,618 66.1% Housing Program 471,300 139,774 15,750 155,524 315,776 33.0% Total 5,247,842 2,964,255 492,438 3,456,693 1,791,149 65.9% Public Works
Administration 1,197,500 651,299 68,189 719,488 478,012 60.1% Engineering Services 5,146,997 1,423,121 1,308,630 2,731,751 2,415,245 53.1% Facility Maintenance - - - - - #DIV/0! Parks & Open Spaces 2,932,900 1,338,805 757,382 2,096,187 836,713 71.5% C
apital Improvement Program 1,573,242 880,776 134,746 1,015,522 557,720 64.5% Street Lighting 35,000 28,574 - 28,574 6,426 81.6% Traffic Ops & Maintenance 1,072,000 287,536 287,049 574,585 497,415 53.6% Street Maintenance 3,333,446 1,347,106 770,067 2,117,173 1,216,274 63.5% Solid Waste and Environmen - 1,327 - 1,327 (1,327) Total 15,291,085 5,958,544 3,326,063 9,283,280 6,007,805 60.7% Neighborhood Services
Neighborhood Services 935,173 620,051 11,586 631,637 303,536 67.5% Homelessness 866,048 250,095 313,348 563,444 302,604 65.1% Economic Development - - - - - #DIV/0! Parks & Recreation 825,500 628,017 1,219 629,237 196,263 76.2% Parks & Recreation 418,300 - - - 418,300 0.0% Total 3,045,021 1,498,164 326,154 1,824,318 1,220,703 59.9% Public Safety
Public Safety 10,701,211 7,915,002 - 7,915,002 2,786,209 74.0% Total 10,701,211 7,915,002 - 7,915,002 2,786,209 74.0% Non-Departmental
Debit Service 853,000 25,220 - 25,220 827,780 3.0% Non-Departmental 30,000 23,744 - 23,744 6,256 79.1% Total 883,000 48,964 - 48,964 834,036 5.5% Capital Improvement Projects
Capital Improvement Projects 17,777,023 1,225,613 2,645,151 3,870,764 13,906,259 21.8% Total 17,777,023 1,225,613 2,645,151 3,870,764 13,906,259 21.8% TOTAL EXPENDITURES 66,317,973 27,230,763 7,967,023 35,197,787 31,120,186 53.1%

NET REVENUES OVER
EXPENDITURES (22,321,551) (2,744,140)
BEGINNING FUND BALANCE 39,369,258 39,369,258
ENDING FUND BALANCE 17,047,706 36,625,117

26 ATTACHMENT 3:

Interim Statement of Revenues and Expenditures - Summary By Fund 27 City of Goleta
Interim Statement of Revenues and Expenditures - Summary by Fund For the Quarter Ended March 31, 2024
Attachment 3
Printed Description Original Budget c Current
Budget d Budget
Requests e Proposed
Budget f YTD
Actual
Encum-
brances Totals Percent of
Current Budget
101 General Fund
Revenue 42,113,909 43,996,422 1,424,150 45,420,572 24,486,623 - 24,486,623 55.7% Expenditures 46,461,370 66,317,973 102,501 66,420,474 27,230,763 7,967,023 35,197,787 53.1% Addition to/(use of) reserves (4,347,461) (22,321,551) 1,321,649 (20,999,902) (2,744,140) (7,967,023) (10,711,164) Beginning Fund Balance 39,369,258 39,369,258 39,369,258 39,369,258 Ending Fund Balance 35,021,797 17,047,706 18,369,355 36,625,117 201 Gas Tax
Revenue 933,080 887,463 43,000 930,463 646,921 - 646,921 72.9% Expenditures 1,416,000 2,035,780 - 2,035,780 78,313 2,050 80,363 3.9% Addition to/(use of) reserves (482,920) (1,148,317) 43,000 (1,105,317) 568,608 (2,050) 566,558 Beginning Fund Balance 1,148,317 1,148,317 1,148,317 1,148,317 Ending Fund Balance 665,397 - 43,000 1,716,924 202 Local Transportation
Revenue 37,300 37,300 8,700 46,000 31,666 - 31,666 84.9% Expenditures - 55,232 234,927 290,159 28,000 0 28,000 50.7% Addition to/(use of) reserves 37,300 (17,932) (226,227) (244,159) 3,666 (0) 3,666 Beginning Fund Balance 252,859 252,859 252,859 252,859 Ending Fund Balance 290,159 234,927 8,700 256,525 203 RMRA
Revenue 818,228 792,772 24,000 816,772 508,460 - 508,460 64.1% Expenditures 808,000 1,184,926 - 1,184,926 221,903 100,005 321,908 27.2% Addition to/(use of) reserves 10,228 (392,154) 24,000 (368,154) 286,557 (100,005) 186,552 Beginning Fund Balance 711,720 711,720 711,720 711,720 Ending Fund Balance 721,948 319,567 343,567 998,277 205 Measure A
Revenue 2,230,000 2,230,000 210,000 2,440,000 1,788,728 - 1,788,728 80.2% Expenditures 3,247,000 7,787,374 - 7,787,374 1,720,615 2,643,792 4,364,407 56.0% Addition to/(use of) reserves (1,017,000) (5,557,374) 210,000 (5,347,374) 68,114 (2,643,792) (2,575,679) Beginning Fund Balance 5,557,373 5,557,373 5,557,373 5,557,373 Ending Fund Balance 4,540,373 (0) 210,000 5,625,487 206 Measure A-Other
Revenue 438,378 2,630,847 - 2,630,847 202,090 - 202,090 7.7% Expenditures 438,378 1,797,253 - 1,797,253 201,824 78,655 280,479 15.6% Addition to/(use of) reserves - 833,594 - 833,594 266 (78,655) (78,389) Beginning Fund Balance (833,594) (833,594) (833,594) (833,594) Ending Fund Balance (833,594) - - (833,328) 208 County Per Capita - Goleta Library
Revenue 751,790 788,991 125,000 913,991 403,689 - 403,689 51.2% Expenditures 776,790 956,790 107,893 1,064,683 - - - 0.0% Addition to/(use of) reserves (25,000) (167,799) 17,107 (150,692) 403,689 - 403,689 Beginning Fund Balance 206,392 206,392 206,392 206,392 Ending Fund Balance 181,392 38,593 55,700 610,081 209 County Per Capita - Buellton Library
Revenue 159,920 161,891 - 161,891 87,480 - 87,480 54.0% Expenditures 155,900 211,138 - 211,138 75,291 61,402 136,694 64.7% Addition to/(use of) reserves 4,020 (49,247) - (49,247) 12,188 (61,402) (49,214) Beginning Fund Balance 210,483 210,483 210,483 210,483 Ending Fund Balance 214,503 161,236 161,236 222,672 210 County Per Capita - Solvang Library
Revenue 183,133 186,265 - 186,265 95,498 - 95,498 51.3% Expenditures 187,100 261,128 - 261,128 103,128 62,348 165,476 63.4% Addition to/(use of) reserves (3,967) (74,863) - (74,863) (7,630) (62,348) (69,978) Beginning Fund Balance 170,568 170,568 170,568 170,568 Ending Fund Balance 166,601 95,705 95,705 162,938 211 Solid Waste
Revenue 1,439,500 1,389,500 57,000 1,446,500 1,004,030 - 1,004,030 72.3% Expenditures 1,818,300 2,053,300 - 2,053,300 771,389 675,991 1,447,380 70.5% Addition to/(use of) reserves (378,800) (663,800) 57,000 (606,800) 232,641 (675,991) (443,350) Beginning Fund Balance 1,593,368 1,593,368 1,593,368 1,593,368 Ending Fund Balance 1,214,568 929,568 986,568 1,826,009 212 Public Safety Donations
Revenue - - - - - - - 0.0% Expenditures - - - - - - - 0.0% Addition to/(use of) reserves - - - - - - - Beginning Fund Balance 11,748 11,748 11,748 11,748 Ending Fund Balance 11,748 11,748 11,748 11,748 Page "1
28 City of Goleta
Interim Statement of Revenues and Expenditures - Summary by Fund For the Quarter Ended March 31, 2024
Attachment 3
Printed Description Original Budget c Current
Budget d Budget
Requests e Proposed
Budget f YTD
Actual
Encum-
brances Totals Percent of
Current Budget
213 Buellton Library
Revenue 195,479 195,479 - 195,479 197,353 - 197,353 101.0% Expenditures 252,600 220,600 - 220,600 170,716 - 170,716 77.4% Addition to/(use of) reserves (57,121) (25,121) - (25,121) 26,636 - 26,636 Beginning Fund Balance 25,330 25,330 25,330 25,330 Ending Fund Balance (31,791) 209 209 51,967 214 Solvang Library
Revenue 197,555 197,555 - 197,555 202,791 - 202,791 102.7% Expenditures 243,900 185,900 - 185,900 179,915 - 179,915 96.8% Addition to/(use of) reserves (46,345) 11,655 - 11,655 22,876 - 22,876 Beginning Fund Balance - - - - Ending Fund Balance (46,345) 11,655 11,655 22,876 215 Goleta Library
Revenue 2,196,200 2,462,328 (2,462,328) - 107,735 - 107,735 4.4% Expenditures 2,196,200 2,462,328 (2,462,328) - 1,192,403 308,947 1,501,350 61.0% Addition to/(use of) reserves - - - - (1,084,667) (308,947) (1,393,614) B
eginning Fund Balance - - - - Ending Fund Balance - - - (1,084,667) 216 Book Van Library
Revenue 125,000 137,500 (137,500) - 6,250 - 6,250 4.5% Expenditures 125,000 137,500 (137,500) - 70,186 - 70,186 51.0% Addition to/(use of) reserves - - - - (63,936) - (63,936) Beginning Fund Balance - - - - Ending Fund Balance - - - (63,936) 217 Community Center
Revenue 733,000 733,000 - 733,000 230,233 - 230,233 31.4% Expenditures 734,900 734,900 - 734,900 349,133 89,050 438,183 59.6% Addition to/(use of) reserves (1,900) (1,900) - (1,900) (118,900) (89,050) (207,950) Beginning Fund Balance - - - - Ending Fund Balance (1,900) (1,900) (1,900) (118,900) 220 GTIP
Revenue 1,168,200 1,404,778 - 1,404,778 775,180 - 775,180 55.2% Expenditures 110,000 13,644,378 - 13,644,378 1,251,277 7,504,002 8,755,279 64.2% Addition to/(use of) reserves 1,058,200 (12,239,600) - (12,239,600) (476,097) (7,504,002) (7,980,099) Beginning Fund Balance 10,746,295 10,746,295 10,746,295 10,746,295 Ending Fund Balance 11,804,495 (1,493,304) (1,493,304) 10,270,198 221 Parks DIF
Revenue 85,700 248,165 - 248,165 580,411 - 580,411 233.9% Expenditures 655,000 7,459,703 - 7,459,703 2,331,920 2,012,159 4,344,079 58.2% Addition to/(use of) reserves (569,300) (7,211,538) - (7,211,538) (1,751,509) (2,012,159) (3,763,667) Beginning Fund Balance 8,227,095 8,227,095 8,227,095 8,227,095 Ending Fund Balance 7,657,795 1,015,557 1,015,557 6,475,587 222 Public Facilities DIF
Revenue 9,100 51,952 - 51,952 48,628 - 48,628 93.6% Expenditures 42,279 59,309 - 59,309 - - - 0.0% Addition to/(use of) reserves (33,179) (7,356) - (7,356) 48,628 - 48,628 Beginning Fund Balance (2,409) (2,409) (2,409) (2,409) Ending Fund Balance (35,588) (9,765) (9,764.860) 46,220 223 L
ibrary DIF
Revenue 1,700 15,101 - 15,101 19,185 - 19,185 127.0% Expenditures 1,700 127,846 - 127,846 1,700 0 1,700 1.3% Addition to/(use of) reserves - (112,745) - (112,745) 17,485 (0) 17,485 Beginning Fund Balance 167,880 167,880 167,880 167,880 Ending Fund Balance 167,880 55,134 55,134 185,365 224 Sheriff Facilities DIF
Revenue - - - - 4,759 - 4,759 #DIV/0! Expenditures 97,721 168,002 - 168,002 - - - 0.0% Addition to/(use of) reserves (97,721) (168,002) - (168,002) 4,759 - 4,759 Beginning Fund Balance 142,419 142,419 142,419 142,419 Ending Fund Balance 44,698 (25,583) (25,583.21) 147,179 225 Housing in Lieu
Revenue 209,700 209,700 - 209,700 41,817 - 41,817 19.9% Expenditures 25,000 25,000 - 25,000 - - - 0.0% Addition to/(use of) reserves 184,700 184,700 - 184,700 41,817 - 41,817 B
eginning Fund Balance 1,251,357 1,251,357 1,251,357 1,251,357 Ending Fund Balance 1,436,057 1,436,057 1,436,057 1,293,175 Page "2
29 City of Goleta
Interim Statement of Revenues and Expenditures - Summary by Fund For the Quarter Ended March 31, 2024
Attachment 3
Printed Description Original Budget c Current
Budget d Budget
Requests e Proposed
Budget f YTD
Actual
Encum-
brances Totals Percent of
Current Budget
226 Environmental Programs
Revenue 1,300 1,300 - 1,300 5,841 - 5,841 449.3% Expenditures 9,400 9,400 - 9,400 - - - 0.0% Addition to/(use of) reserves (8,100) (8,100) - (8,100) 5,841 - 5,841 Beginning Fund Balance 174,782 174,782 174,782 174,782 Ending Fund Balance 166,682 166,682 166,682 180,622 229 Fire DIF
Revenue 48,000 187,454 - 187,454 286,535 - 286,535 152.9% Expenditures - 4,835,138 - 4,835,138 5,737 632,732 638,470 13.2% Addition to/(use of) reserves 48,000 (4,647,684) - (4,647,684) 280,798 (632,732) (351,934) Beginning Fund Balance 3,452,181 3,452,181 3,452,181 3,452,181 Ending Fund Balance 3,500,181 (1,195,503) (1,195,503) 3,732,979 230 Long Range Development Plan (LRDP)
Revenue 3,031,933 6,189,883 - 6,189,883 2,300,000 - 2,300,000 37.2% Expenditures 3,031,933 6,233,509 - 6,233,509 68,170 5,174,194 5,242,364 84.1% Addition to/(use of) reserves - (43,626) - (43,626) 2,231,830 (5,174,194) (2,942,364) B
eginning Fund Balance 43,626 43,626 43,626 43,626 Ending Fund Balance 43,626 (0) (0) 2,275,457 231 Developer Agreements
Revenue - - - - - - - #DIV/0! Expenditures - 270,000 - 270,000 - - - 0.0% Addition to/(use of) reserves - (270,000) - (270,000) - - - Beginning Fund Balance 615,163 615,163 615,163 615,163 Ending Fund Balance 615,163 345,163 345,163 615,163 232 County Fire DIF
Revenue - 849,514 - 849,514 - - - 0.0% Expenditures - 572,440 - 572,440 21,333 1,009 22,342 3.9% Addition to/(use of) reserves - 277,075 - 277,075 (21,333) (1,009) (22,342) Beginning Fund Balance (277,075) (277,075) (277,075) (277,075) Ending Fund Balance (277,075) - - (298,407) 233 OBF-SCE
Revenue - 503,201 - 503,201 - - - 0.0% Expenditures - - - - - - - 0.0% Addition to/(use of) reserves - 503,201 - 503,201 - - - Beginning Fund Balance 128,210 128,210 128,210 128,210 Ending Fund Balance 128,210 631,411 631,411 128,210 234 Storm Drain Facilities
Revenue 40,900 214,476 - 214,476 214,344 - 214,344 99.9% Expenditures 300,000 873,587 - 873,587 7,285 204,186 211,471 24.2% Addition to/(use of) reserves (259,100) (659,111) - (659,111) 207,059 (204,186) 2,872 Beginning Fund Balance 516,264 516,264 516,264 516,264 Ending Fund Balance 257,164 (142,847) (142,847) 723,323 235 Bicycle & Pedestrian Facilities
Revenue 5,400 47,797 - 47,797 49,318 - 49,318 0.0% Expenditures - 272,204 - 272,204 - - - 103.2% Addition to/(use of) reserves 5,400 (224,407) - (224,407) 49,318 - 49,318 Beginning Fund Balance 224,407 224,407 224,407 224,407 Ending Fund Balance 229,807 (0) (0) 273,725 236 M
isc Grants Library
Revenue 2,000 21,757 2,175 23,932 17,607 - 17,607 80.9% Expenditures 2,000 52,280 2,175 54,455 10,292 - 10,292 19.7% Addition to/(use of) reserves - (30,523) - (30,523) 7,315 - 7,315 Beginning Fund Balance 34,823 34,823 34,823 34,823 Ending Fund Balance 34,823 4,300 4,300 42,138 237 Local Grants
Revenue - 143,833 - 143,833 75,000 - 75,000 52.1% Expenditures - 83,055 - 83,055 75,000 - 75,000 90.3% Addition to/(use of) reserves - 60,778 - 60,778 - - - Beginning Fund Balance (60,778) (60,778) (60,778) (60,778) Ending Fund Balance (60,778) - - (60,778) 238 Non-Residential Affordable Housing DIF
Revenue 40,700 45,611 - 45,611 213 - 213 0.5% Expenditures - - - - - - - 0.0% Addition to/(use of) reserves 40,700 45,611 - 45,611 213 - 213 Beginning Fund Balance 6,359 6,359 6,359 6,359 Ending Fund Balance 47,059 51,969 51,969 6,571 Page "3
30 City of Goleta
Interim Statement of Revenues and Expenditures - Summary by Fund For the Quarter Ended March 31, 2024
Attachment 3
Printed Description Original Budget c Current
Budget d Budget
Requests e Proposed
Budget f YTD
Actual
Encum-
brances Totals Percent of
Current Budget
301 State Park Grant
Revenue - 177,952 - 177,952 - - - 0.0% Expenditures - 177,952 - 177,952 - - - 0.0% Addition to/(use of) reserves - - - - - - - Beginning Fund Balance - - - - Ending Fund Balance - - - - 302 Public Safety Fund COPS
Revenue 100,000 186,159 - 186,159 170,765 - 170,765 91.7% Expenditures 100,000 186,159 - 186,159 186,159 - 186,159 100.0% Addition to/(use of) reserves - - - - (15,394) - (15,394) Beginning Fund Balance - - - - Ending Fund Balance - - - (15,394) 304 Solid Waste Fund Recycle
Revenue 9,000 109,573 (9,000) 100,573 - - - 0.0% Expenditures 16,000 144,889 (16,000) 128,889 23,490 8,221 31,711 21.9% Addition to/(use of) reserves (7,000) (35,316) 7,000 (28,316) (23,490) (8,221) (31,711) Beginning Fund Balance 67,650 67,650 67,650 67,650 Ending Fund Balance 60,650 32,334 39,334 44,159 305 RSTP State Grant
Revenue - 565,315 - 565,315 - - - 0.0% Expenditures - 10,150 - 10,150 - 2,137 2,137 21.1% Addition to/(use of) reserves - 555,164 - 555,164 - (2,137) (2,137) Beginning Fund Balance (420,350) (420,350) (420,350) (420,350) Ending Fund Balance (420,350) 134,814 134,814 (420,350) 306 LSTP
Revenue - 603,109 - 603,109 - - - 0.0% Expenditures - 382,525 - 382,525 - 44,900 44,900 11.7% Addition to/(use of) reserves - 220,584 - 220,584 - (44,900) (44,900) Beginning Fund Balance (220,140) (220,140) (220,140) (220,140) Ending Fund Balance (220,140) 444 444 (220,140) 308 STIP
Revenue - 11,386,694 - 11,386,694 - - - 0.0% Expenditures - 11,372,000 - 11,372,000 - 11,372,000 11,372,000 100.0% A
ddition to/(use of) reserves - 14,694 - 14,694 - (11,372,000) (11,372,000) Beginning Fund Balance (4,309) (4,309) (4,309) (4,309) Ending Fund Balance (4,309) 10,385 10,385 (4,309) 310 CAL FIRE GRANT
Revenue - 1,708,872 - 1,708,872 132,297 - 132,297 7.7% Expenditures - 1,708,872 - 1,708,872 132,301 526,892 659,193 38.6% Addition to/(use of) reserves - - - - (4) (526,892) (526,896) Beginning Fund Balance - - - - Ending Fund Balance - - - (4) 311 Misc. Grants
Revenue 30,000 302,235 - 302,235 6,922 - 6,922 2.3% Expenditures 80,000 371,164 - 371,164 82,115 1,971 84,086 22.7% Addition to/(use of) reserves (50,000) (68,929) - (68,929) (75,193) (1,971) (77,164) Beginning Fund Balance 68,959 68,959 68,959 68,959 Ending Fund Balance 18,959 30 30 (6,234) 317 SSARP Grant
Revenue - 53,000 - 53,000 - - - 0.0% Expenditures - (482) - (482) - - - 0.0% Addition to/(use of) reserves - 53,482 - 53,482 - - - Beginning Fund Balance (53,482) (53,482) (53,482) (53,482) Ending Fund Balance (53,482) - - (53,482) 318 Active Transportation Program - State
Revenue - 3,359,000 - 3,359,000 - - - 0.0% Expenditures - 3,344,245 - 3,344,245 2,399,316 74,962 2,474,278 74.0% Addition to/(use of) reserves - 14,755 - 14,755 (2,399,316) (74,962) (2,474,278) Beginning Fund Balance (14,755) (14,755) (14,755) (14,755) Ending Fund Balance (14,755) 0 0 (2,414,072) 319 Housing & Community Development State Fund
Revenue - 153,388 - 153,388 133,931 - 133,931 87.3% Expenditures - 70,159 - 70,159 66,428 - 66,428 94.7% Addition to/(use of) reserves - 83,230 - 83,230 67,503 - 67,503 Beginning Fund Balance (83,230) (83,230) (83,230) (83,230) Ending Fund Balance (83,230) - - (15,726) Page "4
31 City of Goleta
Interim Statement of Revenues and Expenditures - Summary by Fund For the Quarter Ended March 31, 2024
Attachment 3
Printed Description Original Budget c Current
Budget d Budget
Requests e Proposed
Budget f YTD
Actual
Encum-
brances Totals Percent of
Current Budget
320 Cal OES
Revenue - - - - - - - 0.0% Expenditures - - - - - - - 0.0% Addition to/(use of) reserves - - - - - - - Beginning Fund Balance 14,231 14,231 14,231 14,231 Ending Fund Balance 14,231 14,231 14,231 14,231 321 TIRCP
Revenue 5,559,000 15,360,624 - 15,360,624 - - - Expenditures 5,559,000 15,330,464 - 15,330,464 361,727 2,012,759 2,374,485 15.5% Addition to/(use of) reserves - 30,160 - 30,160 (361,727) (2,012,759) (2,374,485) -7872.9% Beginning Fund Balance 444 444 444 444 Ending Fund Balance 444 30,604 30,604 (361,283) 322 MBHMP
Revenue - 2,996,008 - 2,996,008 422,418 - 422,418 Expenditures - 2,397,255 - 2,397,255 163,182 1,619,552 1,782,734 74.4% Addition to/(use of) reserves - 598,753 - 598,753 259,236 (1,619,552) (1,360,315) -227.2% Beginning Fund Balance (501,205) (501,205) (501,205) (501,205) Ending Fund Balance (501,205) 97,548 97,548 (241,969) 323 Cal OES PSPS Grant
Revenue - - - - (3) - (3) Expenditures - 5,521 - 5,521 5,518 - 5,518 100.0% Addition to/(use of) reserves - (5,521) - (5,521) (5,521) - (5,521) 100.0% Beginning Fund Balance 5,521 5,521 5,521 5,521 Ending Fund Balance 5,521 - - - 324 California Planning Program Grant
Revenue - 7,091 - 7,091 - - - Expenditures - 7,091 - 7,091 - - - 0.0% Addition to/(use of) reserves - - - - - - - 0.0% Beginning Fund Balance - - - - Ending Fund Balance - - - - 325 California State Library Grant
Revenue - 4,278,560 - 4,278,560 2,139,280 - 2,139,280 Expenditures - 4,278,560 - 4,278,560 - - - 0.0% A
ddition to/(use of) reserves - - - - 2,139,280 - 2,139,280 0.0% Beginning Fund Balance - - - - Ending Fund Balance - - - 2,139,280 401 HBP
Revenue 4,306,653 19,554,611 - 19,554,611 247,697 - 247,697 1.3% Expenditures 4,306,653 19,045,265 - 19,045,265 290,756 16,241,753 16,532,509 86.8% Addition to/(use of) reserves - 509,346 - 509,346 (43,060) (16,241,753) (16,284,812) Beginning Fund Balance (509,346) (509,346) (509,346) (509,346) Ending Fund Balance (509,346) 0 0 (552,406) 402 CDBG
Revenue 276,047 725,749 - 725,749 392,402 - 392,402 54.1% Expenditures 389,823 725,749 - 725,749 394,927 66,096 461,023 63.5% Addition to/(use of) reserves (113,776) - - - (2,525) (66,096) (68,621) Beginning Fund Balance - - - - Ending Fund Balance (113,776) - - (2,525) 409 OTS
Revenue - 107,559 - 107,559 1,458 - 1,458 1.4% Expenditures - 103,587 - 103,587 1,853 - 1,853 1.8% Addition to/(use of) reserves - 3,972 - 3,972 (395) - (395) Beginning Fund Balance (3,972) (3,972) (3,972) (3,972) Ending Fund Balance (3,972) (0) (0) (4,367) 417 HSIP Hwy Safety Imp.

Revenue - 3,120,100 - 3,120,100 - - - 0.0% Expenditures - 3,120,100 - 3,120,100 259,071 128,768 387,839 12.4% Addition to/(use of) reserves - - - - (259,071) (128,768) (387,839) Beginning Fund Balance 5,636 5,636 5,636 5,636 Ending Fund Balance 5,636 5,636 5,636 (253,435) 419 TIGER
Revenue - - - - - - - 0.0% Expenditures - - - - - - - 0.0% Addition to/(use of) reserves - - - - - - - Beginning Fund Balance - - - - Ending Fund Balance - - - - Page "5
32 City of Goleta
Interim Statement of Revenues and Expenditures - Summary by Fund For the Quarter Ended March 31, 2024
Attachment 3
Printed Description Original Budget c Current
Budget d Budget
Requests e Proposed
Budget f YTD
Actual
Encum-
brances Totals Percent of
Current Budget
420 FHWA - FEMA Reimb
Revenue - 87,746 - 87,746 - - - 0.0% Expenditures - 87,746 - 87,746 - - - 0.0% Addition to/(use of) reserves - - - - - - - Beginning Fund Balance 58,107 58,107 58,107 58,107 Ending Fund Balance 58,107 58,107 58,107 58,107 421 Hazard Mitigation Grant Program
Revenue - 3,858,620 - 3,858,620 1,933,257 - 1,933,257 50.1% Expenditures - 2,582,764 - 2,582,764 1,637,615 398,870 2,036,486 78.8% Addition to/(use of) reserves - 1,275,856 - 1,275,856 295,642 (398,870) (103,229) Beginning Fund Balance (1,275,856) (1,275,856) (1,275,856) (1,275,856) Ending Fund Balance (1,275,856) - - (980,214) 423 Coronavirus State & Local Fiscal Recovery Funds
Revenue - 5,108,990 - 5,108,990 - - - 0.0% Expenditures 175,000 5,108,990 - 5,108,990 175,000 4,933,990 5,108,990 100.0% Addition to/(use of) reserves (175,000) - - - (175,000) (4,933,990) (5,108,990) Beginning Fund Balance - - - - Ending Fund Balance (175,000) - - (175,000) 424 Community Project Funding HMGP
Revenue - 3,000,000 - 3,000,000 - - - 0.0% Expenditures - 3,000,000 - 3,000,000 - - - 0.0% Addition to/(use of) reserves - - - - - - - Beginning Fund Balance - - - - Ending Fund Balance - - - - 501 Library Services
Revenue 603,100 603,100 - 603,100 249,267 - 249,267 41.3% Expenditures 653,100 837,778 560,755 1,398,533 - - - 0.0% Addition to/(use of) reserves (50,000) (234,678) (560,755) (795,433) 249,267 - 249,267 Beginning Fund Balance 888,726 888,726 888,726 888,726 Ending Fund Balance 838,726 654,048 93,292 1,137,993 502 Street Lighting
Revenue 305,500 305,500 - 305,500 194,051 - 194,051 63.5% Expenditures 502,500 520,500 - 520,500 175,396 120,000 295,396 56.8% Addition to/(use of) reserves (197,000) (215,000) - (215,000) 18,655 (120,000) (101,345) Beginning Fund Balance 270,522 270,522 270,522 270,522 Ending Fund Balance 73,522 55,522 55,522 289,178 503 PEG
Revenue 61,000 61,000 8,500 69,500 34,128 - 34,128 55.9% Expenditures 40,000 40,000 5,000 45,000 - - - 0.0% Addition to/(use of) reserves 21,000 21,000 3,500 24,500 34,128 - 34,128 Beginning Fund Balance 237,907 237,907 237,907 237,907 Ending Fund Balance 258,907 258,907 262,407 272,035 504 CASp Cert and Training
Revenue - - - - 1,237 - 1,237 0.0% Expenditures - - - - - - - 0.0% Addition to/(use of) reserves - - - - 1,237 - 1,237 Beginning Fund Balance 1,162 1,162 1,162 1,162 Ending Fund Balance 1,162 1,162 1,162 2,399 605 RDA Successor-NonHousing
Revenue 1,238,700 1,238,700 - 1,238,700 770,693 - 770,693 62.2% Expenditures 1,224,690 1,224,690 - 1,224,690 717,308 - 717,308 58.6% Addition to/(use of) reserves 14,010 14,010 - 14,010 53,385 - 53,385 Beginning Fund Balance (9,119,184) (9,119,184) (9,119,184) (9,119,184) Ending Fund Balance (9,105,174) (9,105,174) (9,105,174) (9,065,800) 608 iBank
Revenue - - - - - - - 0.0% Expenditures - - - - - - - 0.0% Addition to/(use of) reserves - - - - - - - Beginning Fund Balance - - - - Ending Fund Balance - - - - 701 Comstock Plover Endmnt
Revenue 2,000 2,000 - 2,000 3,352 - 3,352 167.6% Expenditures 2,000 2,000 - 2,000 - - - 0.0% Addition to/(use of) reserves - - - - 3,352 - 3,352 Beginning Fund Balance 1,974 1,974 1,974 1,974 Ending Fund Balance 1,974 1,974 1,974 5,326 Page "6
33 City of Goleta
Interim Statement of Revenues and Expenditures - Summary by Fund For the Quarter Ended March 31, 2024
Attachment 3
Printed Description Original Budget c Current
Budget d Budget
Requests e Proposed
Budget f YTD
Actual
Encum-
brances Totals Percent of
Current Budget
702 Section 115 Trust - Pension
Revenue - - - - - - - 0.0% Expenditures - - - - - - - 0.0% Addition to/(use of) reserves - - - - - - - Beginning Fund Balance 162,792 162,792 162,792 162,792 Ending Fund Balance 162,792 162,792 162,792 162,792 703 Section 115 Trust - OPEB
Revenue - - - - - - - 0.0% Expenditures - - - - - - - 0.0% Addition to/(use of) reserves - - - - - - - Beginning Fund Balance 319,359 319,359 319,359 319,359 Ending Fund Balance 319,359 319,359 319,359 319,359 801 Developer Deposit
Revenue - - - - - - - 0.0% Expenditures - - - - - - - 0.0% Addition to/(use of) reserves - - - - - - - Beginning Fund Balance - - - - Ending Fund Balance - - - -

TOTAL FOR ALL FUNDS
Revenue 69,688,105 145,983,088 (706,303) 145,276,785 41,251,538 41,251,538 28.3% Expenditures 76,185,237 197,273,664 (1,602,576) 195,671,088 43,238,456 65,070,418 108,308,874 54.9% Addition to/(use of) reserves (6,497,132) (51,290,576) 896,273 (50,394,303) (1,986,918) 65,070,418 (67,057,336) Beginning Fund Balance 63,711,583 63,711,583 63,711,583 63,711,583 Ending Fund Balance 57,214,451 12,421,007 13,317,280 61,724,665 Page "7
34 ATTACHMENT 4:

Capital Improvement Program (CIP) Expenditure Summary by Project 35 City of Goleta
Capital Improvement Program (CIP) Expenditure Summary by Project For the Quarter Ended March31, 2024
Attachment 4
Project No. & Description Current Budget Activit y Encumbrances Remaining 9002 Ekwill Street & Fowler Extension $ 41,993,826 $ 798,261 $ 28,054,707 $ 13,140,858 9006 Capital Improvement Projects - Neighborhood Srvs $ 9,438,071 $ 3,758,279 $ 1,785,541 $ 3,894,251 9007 San Jose Creek Bike Path - Middle Segment $ 838,736 $ 454,654 $ 238,375 $ 145,707 9024 Ellwood Mesa $ 1,547 $ - $ - $
1,547
9025 Fire Station No. 10 $ 5,677,578 $ 27,070 $ 633,742 $ 5,016,766
9027 101 Overpass $ 47,803 $ - $ 6,904 $ 40,899 9031 Old Town Sidewalk Improvement $ 25,245 $ - $ - $ 25,245 9033 Hollister Avenue Bridge Replacement (SJC Phase II) $ 22,486,269 $ 360,112 $ 16,853,297 $ 5,272,861 9042 Storke Road Widening Phelps Road to City Limits $ 489,856 $ - $ - $ 489,856 9044 Hollister Widen Storke to 280 Ft W of S Glen Annie $ 548,638 $ - $ - $ 548,638 9053 Cathedral Oaks Cribwall Interim Repair $ 1,173,154 $ 299,826 $ 322,124 $ 551,204 9056 LED Street Lighting Project $ 90,007 $ 25,691 $ 16,021 $ 48,296 9062 Storke Road Medians $ 621,352 $ 23,947 $ 58,455 $ 538,950 9063 Evergreen Park Restroom $ 258,506 $ - $ - $ 258,506 9065 Reclaimed Water Service to Bella Vista Par
k $ 204,141 $ - $ - $ 204,141
9066 Miscellaneous Park Improvements $ 22,289 $ - $ 2,080 $ 20,208
9067 Goleta Community Center Seismic Upgrades $ 4,659,015 $ 2,367,319 $ 1,502,013 $ 789,683
9071 Improvements to Athletic Field @ GCC $ 27,918 $ - $ - $ 2 7,918 9074 Stow Grove Park Master Plan & Renovation $ 1,283,758 $ 60,030 $ 7,341 $ 1,216,388
9078 Rancho La Patera Improvements $ 648,304 $ - $ - $ 648,304 9079 Goleta Train Depot & S. La Patera Improvements $ 15,447,593 $ 361,727 $ 2,020,729 $ 13,065,137 9083 Signal Upgrades $ 3,543,633 $ 259,071 $ 178,168 $ 3,106,394 9084 Community Garden $ 1,957,524 $ 1,530,114 $ 426,971 $ 438 9085 Old Town Goleta Drainage Study $ 200,000 $ - $ - $ 200,000 9086 Vision Zero Plan $ 10,000
$ - $ - $ 10,000
9087 Mid-Block Crossing on Calle Real/Encina (HAWK) $ 771 $ 61 $ - $ 710 9088 RRFB Improvements at School Crosswalks $ 67,514 $ - $ - $ 67,514 9089 Goleta Traffic Safety Study (GTSS) $ 45,817 $ - $ - $ 45, 817 9093 San Miguel Park Improvements $ 275,000 $ - $ - $ 275,000 9094 Santa Barbara Shores Park Improvements $ 305,000 $ - $ - $ 305,000 9099 Crosswalk at Calle Real @ Fairview $ 182,105 $ 132,912 $ 47,002 $ 2,191 9101 City Hall Purchase & Improvements $ 628,014 $ 3,526 $ - $ 624,488 9106 Phelps Ditch Flood Control Channel Trash Control $ 50,000 $ - $ - $ 50,000
9107 Old Town S Fairview Av High Flow Trash Capture D $ 623,587 $ 7,285 $ 8,715 $ 607,587
9108 Winchester II Park $ 59,641 $ - $ - $ 59,641 9110 Hollister Ave Class 1 Bike Path Lighting $ 422,346 $ 15,233 $ 63,670 $ 343,443 9111 Jonny D. Wallis Park Phase 2 - Splash Pad $ 2,317,544 $ 741,776 $ 1,575,767 $ 1 9112 Ellwood Mesa/Sperling Preserve Open Space Plan $ 2,847,255 $ 164,410 $ 2,061,207 $ 621,638 9113 Mathilda Park Improvements $ 509,981 $ 66,129 $ 8,313 $ 435,539 9114 Hollister Ave Old Town Interim Striping Project $ 20,725 $ 10,326 $ 10,536 $ (136) 9115 Public Works Corp Yard Repairs $ 70,321 $ - $ - $ 70,321 9116 Pickleball Courts $ 100,000 $
- $ - $ 100,000
9117 San Jose Creek Channel Fish Passage Modification $ 469,718 $ 80,941 $ 381,627 $ 7,151
9118 Ellwood Coastal Trails & Habitat Restoration $ 208,500 $ - $ - $ 208,500 9119 Ellwood Beach Drive Drainage $ 234,359 $ 17,893 $ 218,676 $ (2,210)
9120 Evergreen Park Drainage Repair $ 198,972 $ 47,692 $ 12,211 $ 139,070 9121 Goleta Community Center ADA Improvements $ 3,758,899 $ 155,238 $ 214,354 $ 3,389,306 9126 Pickleball Entry/Waiting Area at GCC $ 185,000 $ 6,240 $ 8,760 $ 170,000 9127 Goleta Community Center Campus Refresh $ 54,431 $ - $ - $ 54,431 9130 Goleta Library ADA and Building Refresh $ 5,348,200 $ - $ - $ 5,348,200 9131 Historic Train Station Preservation $ 250,000 $ - $ 9,800 $ 240,200
9133 Hollister Ave Sidewalk Improvement at Ellwood School Project $ 100,000 $ - $ - $ 100,000 9807 Goleta Prepare Now Grant $ 519 $ 654 $ - $ (135) 9901 MIS/ERP System Implementation $ 349,272 $ - $ 41,309 $ 307,963
Grand Total $ 131,378,254 $11,776,416
$ 56,768,413 $ 62,833,425
36 ATTACHMENT 5:

Resolution No. 24-__ entitled, “A Resolution of the City Council of the City of Goleta, California, Amending the City of Goleta Operating and CIP Budget for Fiscal Year 2023/24"
37 Attachment 5

RESOLUTION NO. 24-___

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF

GOLETA, CALIFORNIA , AMENDING THE CITY OF GOLETA
OPERATING AND CIP BUDGET FOR FISCAL YEAR 2023/24.

WHEREAS, the City Council of the City of Goleta adopted the Operating Budget and Capital Improvement Program for Fiscal Year 2023/24 on June 20, 2023; and

WHEREAS, the City Manager has proposed a budget adjustment as described in the Council report dated June 4 , 202 4 for Fiscal Year 2023/24 based on the determination by the City Manager that this adjustment is essential to the City’s operations; and

WHEREAS, the City Council has reviewed the proposed b udget adjustments for the Third Quarter Ended March 31, 2024 and does hereby find the recommendation to be necessary and in the City’s best interest; and

WHEREAS, the City Council has reviewed the proposed budget adjustments for Fiscal Year 202 3/24 and does hereby find the recommendation to be necessary in the City’s best interest.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF GOLETA AS FOLLOWS:

SECTION 1.

The City of Goleta Operating and CIP Budget for Fiscal Year 2023/24 is hereby amended as follows as per Exhibit A to this resolution.

SECTION 2.

The City Clerk shall certify to the passage and adoption o f this resolution and enter it into the book of original resolutions.

PASSED, APPROVED, AND ADOPTED this 4th day of June, 2024.

__________________________

PAULA PEROTTE, MAYOR

ATTEST: APPROVED AS TO FORM:

_____________________________ ___________________________ DEBORAH S. LOPEZ MEGAN GARIBALDI

CITY CLERK CITY ATTORNEY
38 Attachment 5

STATE OF CALIFORNIA )
COUNTY OF SANTA BARBARA ) ss.

CITY OF GOLETA )

I, DEBORAH S. LOPEZ, City Clerk of the City of Goleta, California, DO HEREBY CERTIFY that the foregoing Resolution No. 24-___ was duly adopted by the City Council of the City of Goleta at a regular meeting held on the 4th day of June 2024, by the following vote of the Council:

AYES:

NOES:

ABSENT:

(SEAL)

_________________________
DEBORAH S. LOPEZ

CITY CLERK

39 Schedule of FY 2023/24
3rd QTR Adjustments - Revenues
Exhibit A
Program/Project
Name Fund Proj Object Account Code Requests Account Name FY 2023/24
Current
Budget
FY 2023/24
Actuals
FY 2023/24
Budget
Balance
Type of
Request
FY 2023/24
Amended Budget
FY 2023/24
Adjusted
Budget Balance
Goleta Library 101 2100 42101 101-20-2100-42101 7,000.00 Penalties and Costs on Delinquent Taxes - - - Transfer 7,000.00 7,000.00 Goleta Library 101 2100 43100 101-20-2100-43100 5,000.00 Property Rental - - - Transfer 5,000.00 5,000.00 Goleta Library 101 2100 45901 101-20-2100-45901 1,000.00 Copies - - - Transfer 1,000.00 1,000.00 Goleta Library 101 2100 46003 101-20-2100-46003 120,349.86 Donations - - - Transfer 120,349.86 120,349.86 Goleta Library 101 2100 46008 101-20-2100-46008 500.00 Sale of Property & Goods - - - Transfer 500.00 500.00 Finance
Administration 101 3100 45400 101-30-3100-45400 5,000.00 Interfund Reimbursements 15,000.00 15,062.97 (62.97) Cleanup 20,000.00 4,937.03 Current Planning 101 4100 45300 101-40-4100-45300 (58,000.00) Developer Deposits Earned 268,500.00 172,020.04 96,479.96 Cleanup 210,500.00 38,479.96 Building & Safety 101 4200 41100 101-40-4200-41100 191,000.00 Permits - Building 550,000.00 469,335.39 80,664.61 New 741,000.00 271,664.61 Engineering
Services 101 5200 41208 101-50-5200-41208 (39,000.00) Permits - Encroachment & Transportation 107,400.00 53,774.50 53,625.50 Cleanup 68,400.00 14,625.50 Engineering
Services 101 5200 45300 101-50-5200-45300 (45,000.00) Developer Deposits Earned 62,300.00 11,236.40 51,063.60 Cleanup 17,300.00 6,063.60 Capital
Improvement
P
rojects
101 5500 45400 101-50-5500-45400 75,000.00 Interfund Reimbursements 200,000.00 215,424.40 (15,424.40) Cleanup 275,000.00 59,575.60 Police Services 101 7100 42001 101-70-7100-42001 (17,000.00) Civil Code Violations 50,000.00 22,848.02 27,151.98 Cleanup 33,000.00 10,151.98 Non-Departmental 101 8500 41202 101-80-8500-41202 17,100.00 Franchise Fee - Gas 133,900.00 - 133,900.00 Cleanup 151,000.00 151,000.00 Non-Departmental 101 8500 41203 101-80-8500-41203 25,000.00 Franchise Fee - Solid Waste 600,000.00 478,401.10 121,598.90 Cleanup 625,000.00 146,598.90 Non-Departmental 101 8500 42101 101-80-8500-42101 70,000.00 Penalties and Costs on Delinquent Taxes - 64,976.81 (64,976.81) Cleanup 70,000.00 5,023.19 Non-Departmental 101 8500 43000 101-80-8500-43000 700,000.00 Interest Revenue 700,000.00 872,644.04 (172,644.04) Cleanup 1,400,000.00 527,355.96 Non-Departmental 101 8500 43101 101-80-8500-43101 (7,200.00) Park Reservation 32,200.00 16,865.00 15,335.00 Cleanup 25,000.00 8,135.00 Non-Departmental 101 8500 44100 101-80-8500-44100 5,400.00 Motor Vehicle License Fees 35,000.00 40,385.44 (5,385.44) Cleanup 40,400.00 14.56 Non-Departmental 101 8500 45200 101-80-8500-45200 188,000.00 Plan Checking Services 300,000.00 357,533.64 (57,533.64) Cleanup 488,000.00 130,466.36 Non-Departmental 101 8500 45400 101-80-8500-45400 (70,000.00) Interfund Reimbursements 108,000.00 20,596.53 87,403.47 Cleanup 38,000.00 17,403.47 Goleta Library
ADA and Building
Refresh
101 9130 46003 101-90-9130-46003 250,000.00 Donations - - - Transfer 250,000.00 250,000.00
Non-Departmental 201 8500 43000 201-80-8500-43000 43,000.00 Interest Revenue 17,000.00 34,431.56 (17,431.56) Cleanup 60,000.00 25,568.44 Non-Departmental 202 8500 43000 202-80-8500-43000 8,700.00 Interest Revenue 1,500.00 5,805.37 (4,305.37) Cleanup 10,200.00 4,394.63 Non-Departmental 203 8500 43000 203-80-8500-43000 24,000.00 Interest Revenue 10,000.00 19,375.93 (9,375.93) Cleanup 34,000.00 14,624.07 Non-Departmental 205 8500 43000 205-80-8500-43000 210,000.00 Interest Revenue 30,000.00 150,720.76 (120,720.76) Cleanup 240,000.00 89,279.24 Isla Vista Book
Van 208 2110 44706 208-20-2110-44706 12,500.00 County Additional - - - Transfer 12,500.00 12,500.00 Isla Vista Book
Van 208 2110 49000 208-20-2110-49000 50,000.00 Transfers In from General Fund - - - Transfer 50,000.00 50,000.00 Isla Vista Book
Van 208 2110 49007 208-20-2110-49007 50,000.00 Transfers In from Library Special Tax Measure L - - - Transfer 50,000.00 50,000.00 Non-Departmental 208 8500 43000 208-80-8500-43000 12,500.00 Interest Revenue 500.00 6,541.67 (6,041.67) Cleanup 13,000.00 6,458.33 Non-Departmental 211 8500 43000 211-80-8500-43000 57,000.00 Interest Revenue 5,000.00 36,688.30 (31,688.30) Cleanup 62,000.00 25,311.70 Goleta Library 215 2100 42101 215-20-2100-42101 (7,000.00) Penalties and Costs on Delinquent Taxes 7,000.00 8,044.30 (1,044.30) Cleanup - (8,044.30)
Goleta Library 215 2100 43100 215-20-2100-43100 (5,000.00) Property Rental 5,000.00 8,021.00 (3,021.00) Transfer - (8,021.00) Goleta Library 215 2100 45901 215-20-2100-45901 (1,000.00) Copies 1,000.00 3,104.07 (2,104.07) Transfer - (3,104.07) Goleta Library 215 2100 46003 215-20-2100-46003 (78,449.86) Donations 78,449.86 88,413.38 (9,963.52) Transfer - (88,413.38) Goleta Library 215 2100 46008 215-20-2100-46008 (500.00) Sale of Property & Goods 500.00 152.60 347.40 Transfer - (152.60) Goleta Library 215 2100 49000 215-20-2100-49000 (765,487.68) Transfers In from General Fund 765,487.68 - 765,487.68 Transfer - - Goleta Library 215 2100 49006 215-20-2100-49006 (751,790.00) Transfer In from County Per Capita-Goleta 751,790.00 - 751,790.00 Transfer - - Goleta Library 215 2100 49007 215-20-2100-49007 (603,100.00) Transfers In from Library Special Tax Measure L 603,100.00 - 603,100.00 Transfer - - 40 Schedule of FY 2023/24
3rd QTR Adjustments - Revenues
Exhibit A
Program/Project
Name Fund Proj Object Account Code Requests Account Name FY 2023/24
Current
Budget
FY 2023/24
Actuals
FY 2023/24
Budget
Balance
Type of
Request
FY 2023/24
Amended Budget
FY 2023/24
Adjusted
Budget Balance
Goleta Library
ADA and Building
Refresh
215 9130 46003 215-90-9130-46003 (250,000.00) Donations 250,000.00 - 250,000.00 Transfer - - Isla Vista Book
Van 216 2110 44706 216-20-2110-44706 (12,500.00) County Additional 12,500.00 6,250.00 6,250.00 Transfer - (6,250.00) Isla Vista Book
Van 216 2110 49000 216-20-2110-49000 (50,000.00) Transfers In from General Fund 50,000.00 - 50,000.00 Transfer - - Isla Vista Book
Van 216 2110 49006 216-20-2110-49006 (25,000.00) Transfers In from County Per Capita-Goleta 25,000.00 - 25,000.00 Transfer - - Isla Vista Book
Van 216 2110 49007 216-20-2110-49007 (50,000.00) Transfers In from Library Special Tax Measure L 50,000.00 - 50,000.00 Transfer - - Buellton Library 236 2200 44701 236-20-2200-44701 2,175.00 Grant Proceeds - Other Agencies 4,150.00 - 4,150.00 New 6,325.00 6,325.00 Solid Waste &
Environmental 304 5900 44400 304-50-5900-44400 (9,000.00) Grant Proceeds - State 109,573.00 - 109,573.00 Cleanup 100,573.00 100,573.00 Non-Departmental 503 8500 43000 503-80-8500-43000 8,500.00 Interest Revenue 1,000.00 5,514.83 (4,514.83) Cleanup 9,500.00 3,985.17 Total (706,302.68)$
41 Schedule of FY 2023/24
3rd QTR Adjustments - Expenditures
Exhibit A
Program/Project
Name Fund Program Object Department Program Category Subcategory Account Code Appropriation/
Transfer
Requests
Account Name FY 2023/24
Current Budget
FY 2023/24
Actuals
FY 2023/24
Encumbrance
FY 2023/24
Budget
Balance
Type of
Request
FY 2023/24
Amended
Budget
FY 2023/24
Adjusted Budget
Balance
Frequency
Information Technology 101 1820 51068 18 General Services 1820 Information Technology 510 Services and Supplies 5106 Maintenance and Repairs 101-18-1820-51068 (12,000.00)
Maintenance-
Software
License &
Subscriptions
592,276.33 383,947.62 70,490.51 137,838.20 Transfer 580,276.33 125,838.20 One-Time Information Technology 101 1820 51200 18 General Services 1820 Information Technology 510 Services and Supplies 5120 Professional & Contract Services 101-18-1820-51200 69,000.00 Professional Services 278,400.00 174,607.35 56,248.65 47,544.00 Transfer 347,400.00 116,544.00 One-Tim e Fleet 101 1830 51060 18 General Services 1830 Fleet 510 Services and Supplies 5106 Maintenance and Repairs 101-18-1830-51060 (2,000.00) Maintenance- Vehicles 49,500.00 9,045.00 21,097.94 19,357.06 Transfer 47,500.00 17,357.06 On e-Time Goleta Library 101 2100 51001 20 Library Services 2100 Goleta Library 510 Services and Supplies 5100 Travel & Education 101-20-2100-51001 2,200.00
Conferences,
Meetings And
Travel
- - - - Transfer 2,200.00 2,200.00 One-Time Goleta Library 101 2100 51003 20 Library Services 2100 Goleta Library 510 Services and Supplies 5100 Travel & Education 101-20-2100-51003 1,000.00 Memberships & Dues - - - - Transfer 1,000.00 1,000.00 One-Time Goleta Library 101 2100 51004 20 Library Services 2100 Goleta Library 510 Services and Supplies 5100 Travel & Education 101-20-2100-51004 1,000.00 Training - - - - Transfer 1, 000.00 1,000.00 One-Time Goleta Library 101 2100 51010 20 Library Services 2100 Goleta Library 510 Services and Supplies 5101 Communication 101-20-2100-51010 4,000.00 Printing & Copying - - - - Transfer 4,000.00 4,000.00 One-Time Goleta Library 101 2100 51011 20 Library Services 2100 Goleta Library 510 Services and Supplies 5101 Communication 101-20-2100-51011 1,700.00 Postage - - - - Transfer 1,7 00.00 1,700.00 One-Time Goleta Library 101 2100 51012 20 Library Services 2100 Goleta Library 510 Services and Supplies 5101 Communication 101-20-2100-51012 1,000.00 Advertising - - - - Transfer 1,000.00 1,000.00 One-Time Goleta Library 101 2100 51032 20 Library Services 2100 Goleta Library 510 Services and Supplies 5103 Supplies 101-20-2100-51032 32,000.00 Minor
Equipment
(under 5k)
-
- - - New 32,000.00 32,000.00 One-Time Goleta Library 101 2100 51035 20 Library Services 2100 Goleta Library 510 Services and Supplies 5103 Supplies 101-20-2100-51035 83,751.07 Books & Subscriptions - - - - Transfer 83,751.07 83,751.07 One-Time Goleta Library 101 2100 51050 20 Library Services 2100 Goleta Library 510 Services and Supplies 5105 Ut ilities 101-20-2100-51050 6,000.00 Utilities -
Telephone/Inter
net/TV
- - - - Transfer 6,000.00 6,000.00 One-Time Goleta Library 101 2100 51053 20 Library Services 2100 Goleta Library 510 Services and Supplies 5105 Ut ilities 101-20-2100-51053 5,000.00 Utilities - Water & Sewer - - - - Transfer 5,000.00 5,000.00 One-Time Goleta Library 101 2100 51064 20 Library Services 2100 Goleta Library 510 Services and Supplies 5106 Maintenance and Repairs 101-20-2100-51064 68,780.00 Maintenance- Facilities - - - - Transfer 68,780.00 68,780.00 One-Time Goleta Library 101 2100 51200 20 Library Services 2100 Goleta Library 510 Services and Supplies 5120 Professional & Contract Services 101-20-2100-51200 125,880.00 Professional Services - - - - Transfer 125,880.00 125,880.00 One-Time Goleta Library 101 2100 54000 20 Library Services 2100 Goleta Library 540 Other Charges 5400 Miscellaneous Services 101-20-2100-54000 3,000.00 Bank Fees - - - - Transfer 3 ,000.00 3,000.00 One-Time Goleta Library 101 2100 54003 20 Library Services 2100 Goleta Library 540 Other Charges 5400 Miscellaneous Services 101-20-2100-54003 200.00 Permits & Fees - - - - Transfer 200.00 200.00 One-Time Goleta Library 101 2100 54005 20 Library Services 2100 Goleta Library 540 Other Charges 5400 Miscellaneous Services 101-20-2100-54005 3,000.00 Stipends for Meetings - - - - Transfer 3,000.00 3,000.00 One-Time Goleta Library 101 2100 59003 20 Library Services 2100 Goleta Library 590 Other Uses 5900 Transfers Out 101-20-2100-59003 (760,810.00) Transfers Out
To Library
Fund
760,810.00 - - 760,810.00 Transfer - - One-Time 42 Schedule of FY 2023/24
3rd QTR Adjustments - Expenditures
Exhibit A
Program/Project
Name Fund Program Object Department Program Category Subcategory Account Code Appropriation/
Transfer
Requests
Account Name FY 2023/24
Current Budget
FY 2023/24
Actuals
FY 2023/24
Encumbrance
FY 2023/24
Budget
Balance
Type of
Request
FY 2023/24
Amended
Budget
FY 2023/24
Adjusted Budget
Balance
Frequency
Building & Safety 101 4200 51302 40 Community
Development 4200 Building & Safety 510 Services and Supplies 5120 Professional & Contract Services 101-40-4200-51302 133,700.00 Contract
Services -
Building
385,000.00 301,147.49 83,852.51 - New 518,700.00 133,700.00 One-Ti me Building & Safety 101 4200 51303 40 Community
Development 4200 Building & Safety 510 Services and Supplies 5120 Professional & Contract Services 101-40-4200-51303 131,600.00 Contract
Services - Plan
Check
210,000.00 186,132.68 23,867.32 - New 341,600.00 131,600.00 One-Ti me Police Services 101 7100 51060 70 Police Services 7100 Police Services 510 Services and Supplies 5106 Maintenance and Repairs 101-70-7100-51060 2,000.00 Maintenance- Vehicles 2,188.00 3,263.44 - (1,075.44) Transfer 4,188.00 924.56 One-Time Police Services 101 7100 51068 70 Police Services 7100 Police Services 510 Services and Supplies 5106 Maintenance and Repairs 101-70-7100-51068 12,000.00
Maintenance-
Software
License &
Subscriptions
- 12,000.00 - (12,000.00) Transfer 12,000.00 - One-Time Non-Departmental 101 8500 54000 80 Non-Departmental 8500 Non-Departmental 540 Other Charges 5400 Miscellaneous Services 101-80-8500-54000 9,500.00 Bank Fees 30,000.00 23,743.84 - 6,256.16 New 39,500.00 15, 756.16 One-Time Goleta Library ADA and
Building Refresh 101 9130 57071 90 Capital
Improvement
9130 Goleta Library ADA
and Building Refresh 570 Capital Assets 5707 Capital Project 101-90-9130-57071 250,000.00 Construction 50,000.00 - - 50,000.00 Transfer 300,000.00 300,000.00 One-Time MIS/ERP System
Implementation 101 9901 57020 90 Capital
Improvement
9901 MIS/ERP System
Implementation 570 Capital Assets 5702 Computer
Hardware & Peripherals 101-90-9901-57020 (69,000.00) Computer
Hardware &
Peripherals
349,272.11 - 41,308.67 307,963.44 Transfer 280,272.11 238,963.44 O ne-Time Capital Improvement
Projects - Neighborhood
Srvs
202 9006 57070 90 Capital
Improvement
9006 Capital
Improvement Projects -
Neighborhood Srvs
570 Capital Assets 5707 Capital Project 202-90-9006-57070 234,927.00 Design 27,135.00 - - 27,135.00 New 262,062.00 262, 062.00 One-Time Goleta Library 208 2100 50001 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5000 Salaries 208-20-2100-50001 365,840.00 Salaries &
Wages -
Regular & Part
Time
- - - - Transfer 365,840.00 365,840.00 One-Time Goleta Library 208 2100 50002 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5000 Salaries 208-20-2100-50002 40,080.00 Salaries &
Wages -
Temporary
- - - - Transfer 40,080.00 40,080.00 One-Time Goleta Library 208 2100 50100 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 208-20-2100-50100 15,240.00 Medicare & So
cial Security - - - - Transfer 15,240.00 15,240.00 One-Time Goleta Library 208 2100 50101 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 208-20-2100-50101 29,080.00 Retirement Contributions - - - - Transfer 29,080.00 29,080.00 One-Time Goleta Library 208 2100 50102 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 208-20-2100-50102 71,440.00 Health Plan Allowance - - - - Transfer 71,440.00 71,440.00 One-Time Goleta Library 208 2100 50103 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 208-20-2100-50103 1,960.00 Auto Allowance - - - - Transfer 1,960.00 1,960.00 One-Time Goleta Library 208 2100 50104 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 208-20-2100-50104 480.00 Phone Allowance - - - - Transfer 480.00 480.00 One-Time Goleta Library 208 2100 50105 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 208-20-2100-50105 1,680.00 Bilingual Allowance - - - - Transfer 1,680.00 1,680.00 One-Time Goleta Library 208 2100 50106 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 208-20-2100-50106 1,280.00 Life Insurance - - - - Transfer 1,280.00 1,280.00 One-Time Goleta Library 208 2100 50107 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 208-20-2100-50107 1,840.00 Long Term Disability - - - - Transfer 1,840.00 1,840.00 One-Time Goleta Library 208 2100 51031 20 Library Services 2100 Goleta Library 510 Services and Supplies 5103 Supplies 208-20-2100-51031 5,700.00 Special
Department
Supplies
- - - - Transfer 5,700.00 5,700.00 One-Time Goleta Library 208 2100 51035 20 Library Services 2100 Goleta Library 510 Services and Supplies 5103 Supplies 208-20-2100-51035 62,813.30 Books & Subscriptions - - - - Transfer 62,813.30 62,813.30 One-Time 43 Schedule of FY 2023/24
3rd QTR Adjustments - Expenditures
Exhibit A
Program/Project
Name Fund Program Object Department Program Category Subcategory Account Code Appropriation/
Transfer
Requests
Account Name FY 2023/24
Current Budget
FY 2023/24
Actuals
FY 2023/24
Encumbrance
FY 2023/24
Budget
Balance
Type of
Request
FY 2023/24
Amended
Budget
FY 2023/24
Adjusted Budget
Balance
Frequency
Goleta Library 208 2100 51052 20 Library Services 2100 Goleta Library 510 Services and Supplies 5105 Ut ilities 208-20-2100-51052 5,440.00 Utilities - Electric - - - - Transfer 5,440.00 5,440.00 One-Time Goleta Library 208 2100 51064 20 Library Services 2100 Goleta Library 510 Services and Supplies 5106 Maintenance and Repairs 208-20-2100-51064 44,160.00 Maintenance- Facilities - - - - Transfer 44,160.00 44,160.00 One-Time Goleta Library 208 2100 51200 20 Library Services 2100 Goleta Library 510 Services and Supplies 5120 Professional & Contract Services 208-20-2100-51200 94,410.00 Professional Services - - - - Transfer 94,410.00 94,410.00 One-Time Goleta Library 208 2100 51301 20 Library Services 2100 Goleta Library 510 Services and Supplies 5120 Professional & Contract Services 208-20-2100-51301 5,740.00 Contract
Services -
Other
- - - - Transfer 5,740.00 5,740.00 One-Time Goleta Library 208 2100 59003 20 Library Services 2100 Goleta Library 590 Other Uses 5900 Transfers Out 208-20-2100-59003 (751,790.00) Transfers Out
To Library
Fund
751,790.00 - - 751,790.00 Transfer - - One-Time Isla Vista Book Van 208 2110 50001 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5000 Salaries 208-20-2110-50001 69,750.00 Salaries &
Wages -
Regular & Part
Time
- - - - Transfer 69,750.00 69,750.00 One-Time Isla Vista Book Van 208 2110 50002 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5000 Salaries 208-20-2110-50002 43,250.00 Salaries &
Wages -
Temporary
- - - - Transfer 43,250.00 43,250.00 One-Time Isla Vista Book Van 208 2110 50100 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5010 Benefits 208-20-2110-50100 8,500.00 Medicare & Social Security - - - - Transfer 8,500.00 8,500.00 One-Time Isla Vista Book Van 208 2110 50102 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5010 Benefits 208-20-2110-50102 12,500.00 Health Plan Allowance - - - - Transfer 12,500.00 12,500.00 One-Time Isla Vista Book Van 208 2110 50105 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5010 Benefits 208-20-2110-50105 2,500.00 Bilingual Allowance - - - - Transfer 2,500.00 2,500.00 One-Time Isla Vista Book Van 208 2110 50106 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5010 Benefits 208-20-2110-50106 500.00 Life Insurance - - - - Transfer 500.00 500.00 One-Time Isla Vista Book Van 208 2110 50107 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5010 Benefits 208-20-2110-50107 500.00 Long Term Disability - - - - Transfer 500.00 500.00 One-Time Isla Vista Book Van 208 2110 59006 20 Library Services 2110 Isla Vista Book Van 590 Other Uses 5900 Transfers Out 208-20-2110-59006 (25,000.00) Transfers Out
to Library Book
Van Fund
25,000.00 - - 25,000.00 Transfer - - One-Time Goleta Library 215 2100 50001 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5000 Salaries 215-20-2100-50001 (914,600.00) Salaries &
Wages -
Regular & Part
Time
914,600.00 566,827.66 - 347,772.34 Transfer - (566,827 .66) One-Time Goleta Library 215 2100 50002 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5000 Salaries 215-20-2100-50002 (100,200.00) Sa
laries &
Wages -
Temporary
100,200.00 47,779.88 - 52,420.12 Transfer - (47, 779.88) One-Time Goleta Library 215 2100 50100 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 215-20-2100-50100 (38,100.00) Medicare & Social Security 38,100.00 24,922.49 - 13,177.51 Transfer - (24 ,922.49) One-Time Goleta Library 215 2100 50101 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 215-20-2100-50101 (72,700.00) Retirement Contributions 72,700.00 42,962.71 - 29,737.29 Transfer - (42 ,962.71) One-Time Goleta Library 215 2100 50102 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 215-20-2100-50102 (178,600.00) Health Plan Allowance 178,600.00 100,375.38 - 78,224.62 Transfer - (100,37 5.38) One-Time Goleta Library 215 2100 50103 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 215-20-2100-50103 (4,900.00) Auto Allowance 4,900.00 - - 4,900.00 Transfer - - One-Time Goleta Library 215 2100 50104 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 215-20-2100-50104 (1,200.00) Phone Allowance 1,200.00 350.74 - 849.26 Transfer - (350.74) One-Time Goleta Library 215 2100 50105 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 215-20-2100-50105 (4,200.00) Bilingual Allowance 4,200.00 2,470.00 - 1,730.00 Transfer - (2,470.00) One-Time 44 Schedule of FY 2023/24
3rd QTR Adjustments - Expenditures
Exhibit A
Program/Project
Name Fund Program Object Department Program Category Subcategory Account Code Appropriation/
Transfer
Requests
Account Name FY 2023/24
Current Budget
FY 2023/24
Actuals
FY 2023/24
Encumbrance
FY 2023/24
Budget
Balance
Type of
Request
FY 2023/24
Amended
Budget
FY 2023/24
Adjusted Budget
Balance
Frequency
Goleta Library 215 2100 50106 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 215-20-2100-50106 (3,200.00) Life Insurance 3,200.00 826.42 - 2,373.58 Transfer - (826.42) One-Time Goleta Library 215 2100 50107 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 215-20-2100-50107 (4,600.00) Long Term Disability 4,600.00 1,190.11 - 3,409.89 Transfer - (1,190.11) One-Time Goleta Library 215 2100 51001 20 Library Services 2100 Goleta Library 510 Services and Supplies 5100 Travel & Education 215-20-2100-51001 (2,200.00) Conferences,
Meetings And
Travel
2,200.00 571.82 - 1,628.18 Transfer - (571.82) One-Time Goleta Library 215 2100 51003 20 Library Services 2100 Goleta Library 510 Services and Supplies 5100 Travel & Education 215-20-2100-51003 (1,000.00) Memberships & Dues 1,000.00 - - 1,000.00 Transfer - - One-Time Goleta Library 215 2100 51004 20 Library Services 2100 Goleta Library 510 Services and Supplies 5100 Travel & Education 215-20-2100-51004 (1,000.00) Training 1,000.00 99.00 - 901.00 Transfer - (99.00) One-Time Goleta Library 215 2100 51010 20 Library Services 2100 Goleta Library 510 Services and Supplies 5101 Communication 215-20-2100-51010 (4,000.00) Printing & Copying 4,000.00 2,000.00 - 2,000.00 Transfer - (2,000.00) One-Time Goleta Library 215 2100 51011 20 Library Services 2100 Goleta Library 510 Services and Supplies 5101 Communication 215-20-2100-51011 (1,700.00) Postage 1,700.00 137.73 - 1,562.27 Transfer - (137.73) One-Time Goleta Library 215 2100 51012 20 Library Services 2100 Goleta Library 510 Services and Supplies 5101 Communication 215-20-2100-51012 (1,000.00) Advertising 1,000.00 504.00 - 496.00 Transfer - (504.00) One-Time Goleta Library 215 2100 51031 20 Library Services 2100 Goleta Library 510 Services and Supplies 5103 Supplies 215-20-2100-51031 (57,000.00) Special
Department
Supplies
57,000.00 9,318.95 14,444.58 33,236.47 Transfer - (23,763. 53) One-Time Goleta Library 215 2100 51032 20 Library Services 2100 Goleta Library 510 Services and Supplies 5103 Supplies 215-20-2100-51032 (11,449.86) Minor
Equipment
(under 5k)
11,449.86 983.75 2,923.25 7,542.86 Transfer - (3, 907.00) One-Time Goleta Library 215 2100 51035 20 Library Services 2100 Goleta Library 510 Services and Supplies 5103 Supplies 215-20-2100-51035 (209,377.68) Books & Subscriptions 209,377.68 30,696.57 175,419.27 3,261.84 Transfer - (206,115.84) One-Time Goleta Library 215 2100 51050 20 Library Services 2100 Goleta Library 510 Services and Supplies 5105 Ut ilities 215-20-2100-51050 (6,000.00) Utilities -
Telephone/Inter
net/TV
6,000.00 2,268.03 - 3,731.97 Transfer - (2,268.03) One-Time Goleta Library 215 2100 51052 20 Library Services 2100 Goleta Library 510 Services and Supplies 5105 Ut ilities 215-20-2100-51052 (54,400.00) Utilities - Electric 54,400.00 40,985.09 - 13,414.91 Transfer - (40 ,985.09) One-Time Goleta Library 215 2100 51053 20 Library Services 2100 Goleta Library 510 Services and Supplies 5105 Ut ilities 215-20-2100-51053 (5,000.00) Utilities - Water & Sewer 5,000.00 5,230.91 - (230.91) Transfer - (5,230.91) One-Time Goleta Library 215 2100 51064 20 Library Services 2100 Goleta Library 510 Services and Supplies 5106 Maintenance and Repairs 215-20-2100-51064 (147,200.00) Maintenance- Facilities 147,200.00 75,158.86 38,007.38 34,033.76 Transfer - (113,166.24) One-Time Goleta Library 215 2100 51068 20 Library Services 2100 Goleta Library 510 Services and Supplies 5106 Maintenance and R
epairs 215-20-2100-51068 (10,400.00)
Maintenance-
Software
License &
Subscriptions
10,400.00 8,189.53 419.56 1,790.91 Transfer - (8, 609.09) One-Time Goleta Library 215 2100 51200 20 Library Services 2100 Goleta Library 510 Services and Supplies 5120 Professional & Contract Services 215-20-2100-51200 (314,700.00) Professional Services 314,700.00 220,661.81 67,224.68 26,813.51 Transfer - (287,886.49) One-Time Goleta Library 215 2100 51301 20 Library Services 2100 Goleta Library 510 Services and Supplies 5120 Professional & Contract Services 215-20-2100-51301 (57,400.00) Contract
Services -
Other
57,400.00 4,873.65 10,508.35 42,018.00 Transfer - (15,382. 00) One-Time Goleta Library 215 2100 54000 20 Library Services 2100 Goleta Library 540 Other Charges 5400 Miscellaneous Services 215-20-2100-54000 (3,000.00) Bank Fees 3,000.00 618.34 - 2,381.66 Transfer - (618.34) One-Time Goleta Library 215 2100 54003 20 Library Services 2100 Goleta Library 540 Other Charges 5400 Miscellaneous Services 215-20-2100-54003 (200.00) Permits & Fees 200.00 - - 200.00 Transfer - - One-Time Goleta Library 215 2100 54005 20 Library Services 2100 Goleta Library 540 Other Charges 5400 Miscellaneous Services 215-20-2100-54005 (3,000.00) Stipends for Meetings 3,000.00 525.00 - 2,475.00 Transfer - (525.00) One-Time 45 Schedule of FY 2023/24
3rd QTR Adjustments - Expenditures
Exhibit A
Program/Project
Name Fund Program Object Department Program Category Subcategory Account Code Appropriation/
Transfer
Requests
Account Name FY 2023/24
Current Budget
FY 2023/24
Actuals
FY 2023/24
Encumbrance
FY 2023/24
Budget
Balance
Type of
Request
FY 2023/24
Amended
Budget
FY 2023/24
Adjusted Budget
Balance
Frequency
Goleta Library ADA and
Building Refresh 215 9130 57071 90 Capital
Improvement
9130 Goleta Library ADA
and Building Refresh 570 Capital Assets 5707 Capital Project 215-90-9130-57071 (250,000.00) Construction 250,000.00 - - 250,000.00 Transfer - - One-Time Isla Vista Book Van 216 2110 50001 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5000 Salaries 216-20-2110-500 01 (69,750.00) Salaries &
Wages -
Regular & Part
Time
69,750.00 35,907.95 - 33,842.05 Transfer - (35 ,907.95) One-Time Isla Vista Book Van 216 2110 50002 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5000 Salaries 216-20-2110-50002 (43,250.00) Salaries &
Wages -
Temporary
43,250.00 20,422.51 - 22,827.49 Transfer - (20 ,422.51) One-Time Isla Vista Book Van 216 2110 50100 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5010 Benefits 216-20-2110-50100 (8,500.00) Medicare & Social Security 8,500.00 4,935.80 - 3,564.20 Transfer - (4,935.80) One-Time Isla Vista Book Van 216 2110 50102 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5010 Benefits 216-20-2110-50102 (12,500.00) Health Plan Allowance 12,500.00 6,587.50 - 5,912.50 Transfer - (6,587.50) One-Time Isla Vista Book Van 216 2110 50105 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5010 Benefits 216-20-2110-50105 (2,500.00) Bilingual Allowance 2,500.00 1,235.00 - 1,265.00 Transfer - (1,235.00) One-Time Isla Vista Book Van 216 2110 50106 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5010 Benefits 216-20-2110-50106 (500.00) Life Insurance 500.00 - - 500.00 Transfer - - One-Time Isla Vista Book Van 216 2110 50107 20 Library Services 2110 Isla Vista Book Van 500 Salaries and Benefits 5010 Benefits 216-20-2110-50107 (500.00) Long Term Disability 500.00 - - 500.00 Transfer - - One-Time Ekwill Street & Fowler
Extension 230 9002 57071 90 Capital
Improvement
9002 Ekwill Street &
Fowler Extension 570 Capital Assets 5707 Capital Project 230-90-9002-57071 534,954.00 Construction 5,182,397.31 44,222.42 5,115,738.91 22,435.98 Transfer 5,717,351.31 557,389.9 8 One-Time Hollister Widen Storke
to 280 Ft W of S Glen
Annie
230 9044 57070 90 Capital
Improvement
9044 Hollister Widen
Storke to 280 Ft W of S
Glen Annie
570 Capital Assets 5707 Capital Project 230-90-9044-57070 (534,954.00) Design 534,954.00 - - 534,954.00 Transfer - - One-Time Buellton Library 236 2200 51035 20 Library Services 2200 Buellton Library 510 Services and Supplies 5103 Supplies 236-20-2200-51035 2,175.00 Books & Subscriptions 3,350.00 - - 3,350.00 New 5,525.00 5, 525.00 One-Time Solid Waste &
Environmental 304 5900 51031 50 Public Works 5900 Environmental Services 510 Services and Supplies 5103 Supplies 304-50-5900-51031 (2,000.00) Special
Department
Supplies
2,222.60 - - 2,222.60 Cleanup 222.60 222.60 One-Time Solid Waste &
Environmental 304 5900 51200 50 Public Works 5900 E
nvironmental
Services 510 Services and Supplies 5120 Professional &
Contract Services 304-50-5900-51200 (7,000.00) Professional Services 135,666.59 16,779.47 8,220.53 110,666.59 Cleanup 128,666.59 103,666.59 One-Tim e Solid Waste &
Environmental 304 5900 54010 50 Public Works 5900 Environmental Services 540 Other Charges 5401 Other Charges 304-50-5900-54010 (7,000.00) Administrative Charges 7,000.00 6,710.83 - 289.17 Cleanup - (6,710.83) One-Time Goleta Library 501 2100 50001 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5000 Salaries 501-20-2100-50001 548,760.00 Salaries &
Wages -
Regular & Part
Time
- - - - Transfer 548,760.00 548,760.00 One-Time Goleta Library 501 2100 50002 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5000 Salaries 501-20-2100-50002 60,120.00 Salaries &
Wages -
Temporary
- - - - Transfer 60,120.00 60,120.00 One-Time Goleta Library 501 2100 50100 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 501-20-2100-50100 22,860.00 Medicare & Social Security - - - - Transfer 22,860.00 22,860.00 One-Time Goleta Library 501 2100 50101 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 501-20-2100-50101 43,620.00 Retirement Contributions - - - - Transfer 43,620.00 43,620.00 One-Time Goleta Library 501 2100 50102 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 501-20-2100-50102 107,160.00 Health Plan Allowance - - - - Transfer 107,160.00 107,160.00 One-Time Goleta Library 501 2100 50103 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 501-20-2100-50103 2,940.00 Auto Allowance - - - - Transfer 2,940.00 2,940.00 One-Time Goleta Library 501 2100 50104 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 501-20-2100-50104 720.00 Phone Allowance - - - - Transfer 720.00 720.00 One-Time 46 Schedule of FY 2023/24
3rd QTR Adjustments - Expenditures
Exhibit A
Program/Project
Name Fund Program Object Department Program Category Subcategory Account Code Appropriation/
Transfer
Requests
Account Name FY 2023/24
Current Budget
FY 2023/24
Actuals
FY 2023/24
Encumbrance
FY 2023/24
Budget
Balance
Type of
Request
FY 2023/24
Amended
Budget
FY 2023/24
Adjusted Budget
Balance
Frequency
Goleta Library 501 2100 50105 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 501-20-2100-50105 2,520.00 Bilingual Allowance - - - - Transfer 2,520.00 2,520.00 One-Time Goleta Library 501 2100 50106 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 501-20-2100-50106 1,920.00 Life Insurance - - - - Transfer 1,920.00 1,920.00 One-Time Goleta Library 501 2100 50107 20 Library Services 2100 Goleta Library 500 Salaries and Benefits 5010 Benefits 501-20-2100-50107 2,760.00 Long Term Disability - - - - Transfer 2,760.00 2,760.00 One-Time Goleta Library 501 2100 51031 20 Library Services 2100 Goleta Library 510 Services and Supplies 5103 Supplies 501-20-2100-51031 51,300.00 Special
Department
Supplies
- - - - Transfer 51,300.00 51,300.00 One-Time Goleta Library 501 2100 51032 20 Library Services 2100 Goleta Library 510 Services and Supplies 5103 Supplies 501-20-2100-51032 11,449.86 Minor
Equipment
(under 5k)
- - - - Transfer 11,449.86 11,449.86 One-Time Goleta Library 501 2100 51035 20 Library Services 2100 Goleta Library 510 Services and Supplies 5103 Supplies 501-20-2100-51035 62,813.30 Books & Subscriptions - - - - Transfer 62,813.30 62,813.30 One-Time Goleta Library 501 2100 51052 20 Library Services 2100 Goleta Library 510 Services and Supplies 5105 Ut ilities 501-20-2100-51052 48,960.00 Utilities - Electric - - - - Transfer 48,960.00 48,960.00 One-Time Goleta Library 501 2100 51064 20 Library Services 2100 Goleta Library 510 Services and Supplies 5106 Maintenance and Repairs 501-20-2100-51064 44,160.00 Maintenance- Facilities - - - - Transfer 44,160.00 44,160.00 One-Time Goleta Library 501 2100 51068 20 Library Services 2100 Goleta Library 510 Services and Supplies 5106 Maintenance and Repairs 501-20-2100-51068 10,400.00
Maintenance-
Software
License &
Subscriptions
- - - - Transfer 10,400.00 10,400.00 One-Time Goleta Library 501 2100 51200 20 Library Services 2100 Goleta Library 510 Services and Supplies 5120 Professional & Contract Services 501-20-2100-51200 94,410.00 Professional Services - - - - Transfer 94,410.00 94,410.00 One-Time Goleta Library 501 2100 51301 20 Library Services 2100 Goleta Library 510 Services and Supplies 5120 Professional & Contract Services 501-20-2100-51301 51,660.00 Contract
Services -
Other
- - - - Transfer 51,660.00 51,660.00 One-Time Goleta Library 501 2100 59003 20 Library Services 2100 Goleta Library 590 Other Uses 5900 Transfers Out 501-20-2100-59003 (607,777.68) Transfers Out
To Library
Fund
607,777.68 - - 607,777.68 Transfer - - One-Time City Clerk 503 1300 51200 10 General
Government 1300 City Clerk 510 Services and Supplies 5120 Professional & Contract Services 503-10-1300-51200 5,000.00 Professional Services 31,900.00 - - 31,900.00 New 36,900.00 36,900. 00 One-Time Total (1,602,575.68)$
47 ATTACHMENT 6:

Donation Acceptance Form
48 NOTE: The City of Goleta cannot guarantee future funding for repair, maintenance, use or replacement of donated items. cc: City Council, Finance Department, City Clerk

CITY OF GOLETA

DONATION ACCEPTANCE FORM
Name of Donor:______________________________________________________________________ Address:________________________________ City: ______________ State: ______ Zip:__________ Description of donation: ________________________________________________________________ ___________________________________________________________________________________ Donor estimate of current value: _________________________________________________________ Potential immediate or initial acquisition or installation cost, any on-going maintenance or replacement cost: ___________________________________________________________________ ___________________________________________________________________________________ Intended use: _______________________________________________________________________ ___________________________________________________________________________________ Conditions of acceptance or donor designation: ____________________________________________ ___________________________________________________________________________________ Remarks: __________________________________________________________________________ ___________________________________________________________________________________ City Department receiving donation: _____________________________________________________

APPROVED / DISAPPROVED
________________________ ______________________________ Date Department Head Signature
________________________ ______________________________ Date City Manager Signature
________________________ ______________________________ Date Submitted to Council Date Approved by Council
________________________ ______________________________ Date Mayor Signature
Friends of the Goleta Valley Library
P.O. Box 635 Goleta CA 93116
$32,000 for needs and various minor equipment at the Goleta Valley Library. $32,000
N/A
Funds to be used for the Goleta Valley Library.

N/A
N/A
Neighborhood Services, Library Divison
49