City of Grover
Beach
FY 2023-25
Proposed Budget
GROVERBEACH.ORG
Deanne Purcell,
Administrative Services
Director
June 12, 2023
Overall Budget Outlook
• Projecting current FY 2022-23 General Fund
(GF) to end the year with a healthy surplus
of $1.2M and $6.7M in reserves
• Proposed two-year budget for:
• FY 2023-24
• $438K Surplus, reserves 42%
• FY 2024-25
• Use of reserves to cover $600K
shortfall, reserves 37%
• Addresses community needs in
alignment with Council goals
• GF includes CIP contribution of:
• $1.5M in FY 2023-24 & FY 2024-25
GROVERBEACH.ORG
FY 2022-23 Accomplishments
• Street Repairs – over 2/3 of local streets
(259 blocks) improved through Measure
K-14 funding
• Other Infrastructure Improvements – new
water and sewer lines, sidewalks, bike
lanes and ADA accessible corner ramps
• Local businesses – supported through buy
local program and small business grants
GROVERBEACH.ORG
FY 2022-23 Accomplishments-continued
• Economic Development-continued partnership with
Chamber on economic development services
focusing on expanding tourism
• Housing – implemented Development Code and
Land Use Element and addressed homelessness
with additional shelter space and a camping
ordinance
• Public Safety – filled vacant positions for Police
Officers and Community Service Technicians and
upgraded police technology and working on the
FCFA agreement to create a two-city agency
GROVERBEACH.ORG
Council Goal Setting
• March 6 - Council goal-setting
workshop to identify Council
Goals
• March 13 - Council adoption of
goals for FY 2023-25
• May 8 - Reviewed draft work
programs to implement Major
City Goals over the next year
GROVERBEACH.ORG
1. Major City Goals
• Highest priority goals for City in next two
years include:
• Economic Development
• Housing and Homelessness
• Public Safety
• Street Maintenance and Complete
Streets
GROVERBEACH.ORG
FY 2023-24
ALL Funds
Revenue
$36,163,054
*Includes Measure K-14 bonds that were issued
in prior years and used to fund current street
projects.
FY 2023-24
ALL Funds
Expenditures
$36,163,054
FY 2024-25
ALL Funds
Revenue
$31,685,292
*Includes Measure K-14 bonds that were issued
in prior years and used to fund current street
projects.
FY 2024-25
ALL Funds
Expenditures
$31,685,292
GROVERBEACH.ORG
FY 2023-24
General Fund
Revenue
GROVERBEACH.ORG
$13M
69%
General Fund Revenue Amount %
Sales Tax $6.14 M 32%
Property Tax 5.61 M 30%
Cannabis Tax 1.33 M 7%
Transient Occupancy Tax .9 M 5%
Franchise Fees .74 M 4%
Charges for Current Services .98 M 5%
Other .98 M 5%
ARPA (one-time) .93 M 5%
Transfers In .74 M 4%
Licenses & Permits .39 M 2%
Use of Money and Property .34 M 2%
Other Taxes .3 M 2%
Use of Reserves -.44 M -2%
TOTAL REVENUES $18.93 M 100%
FY 2023-24 General
Fund Expenditures
$13.4M
70.7%
GF Expenditure Amount %
Police $7.21 M 38.1%
Non-Departmental* 4.61 M 24.4%
Public Works 1.55 M 8.2%
Capital Improvement Plan 1.49 M 7.9%
City Manager's Office 1.45 M 7.7%
Community Development 1.24 M 6.5%
Administrative Services .71 M 3.7%
Parks and Recreation .57 M 3.0%
Transfers Out .1 M 0.5%
TOTAL EXPENDITURES $18.93 M 100%
*NOTE-Incl's Five Cities Fire Authority ($2.77M), unfunded pension cost ($925K), insurance ($447K), and legal services ($226K)
FY 2024-25
General Fund
Revenue
GROVERBEACH.ORG
$13.4M
72%
General Fund Revenue Amount %
Sales Tax $6.31 M 34%
Property Tax 5.77 M 31%
Cannabis Tax 1.35 M 7%
Franchise Fees .95 M 5%
Transient Occupancy Tax .93 M 5%
Charges for Current Services 1.01 M 5%
Transfers In .74 M 4%
Licenses & Permits .39 M 2%
Use of Money and Property .34 M 2%
Other Taxes .3 M 2%
Other .12 M 1%
Use of Reserves .61 M 3%
TOTAL REVENUES $18.83 M 100%
FY 2024-25 General
Fund Expenditures
$13.2M
70.1%
*NOTE-Incl's Five Cities Fire Authority ($2.8M), unfunded pension cost ($925K), insurance ($458K), and legal services ($232K)
GF Expenditure Amount %
Police $6.89 M 36.6%
Non-Departmental* 4.65 M 24.7%
Public Works 1.66 M 8.8%
Capital Improvement Plan 1.5 M 8.0%
City Manager's Office 1.5 M 8.0%
Community Development 1.28 M 6.8%
Administrative Services .66 M 3.5%
Parks and Recreation .59 M 3.1%
Transfers Out .1 M 0.5%
TOTAL EXPENDITURES $18.83 M 100%
GROVERBEACH.ORG
GROVERBEACH.ORG
Other GF operating budget increases
GROVERBEACH.ORG
Fire Services increase
$755,000 in FY 2023-24
$836,000 in FY 2024-25
(Includes +3.5 FTE’s)
General Fund - Summary
GROVERBEACH.ORG
FY 2021-22
Actual
FY 2022-23
Original
FY 2022-23
Estimated
FY 2023-24
Budget
FY 2024-25
Budget
Beginning Reserves $ 5,344,700 $ 6,937,300 $ 6,937,300 $ 6,650,342 $ 6,946,154 REVENUES:
Revenues/Transfers In 17,832,000 18,728,000 17,964,300 19,365,517 18,214,967 EXPENDITURES:
Operating Expenditures 15,373,900 16,205,900 15,535,258 17,234,158 16,932,139 CIP/Debt Service 134,200 168,000 109,825 102,547 296,619 Transfers Out/Other 589,300 2,090,000 1,089,175 1,591,000 1,600,000 TOTAL EXPENDITURES 16,097,400 18,463,900 16,734,258 18,927,705 18,828,758 ANNUAL SURPLUS (GF Reserves
used to cover GAP) $1,734,600 $264,100 $1,230,042 $437,812 ($613,791) Wastewater Fund Repayment $ (142,000) $ (142,000) $ (142,000) Estimated CIP Carryover (1,375,000)
Ending Reserves $ 7,079,300 $ 7,201,400 $ 6,650,342 $ 6,946,154 $ 6,190,363 Percent of Operating Expenditures 51% 49% 48% 42% 37%
Questions
and
Comments
GROVERBEACH.ORG
Recommendation
1. Review the FY 2023-25 Proposed Budget and FY 2023-28 Capital Improvement Program and provide direction to staff to finalize the budget for adoption on June 26, 2023; or
2. Provide staff with alternate direction
GROVERBEACH.ORG