DATE:
November 19, 2024
TO:
Mayor and City Council Members
Chair and Board Members, Hesperia Housing Authority
Chair and Board Members, Hesperia Fire Protection District Chair and Board Members, Hesperia Water District
FROM:
Rachel Molina, City Manager
BY:
Casey Brooksher, Assistant City Manager
Lorraine Carmona, Budget/Finance Specialist
SUBJECT:
Fiscal Year 2024-25 First Quarter Budget Review
RECOMMENDED ACTION
It is recommended that the City Council and Board of Directors of the Hesperia Housing Authority and Hesperia Water District receive and file the Fiscal Year (FY) 2024-25 First Quarter Budget Review, and the related following resolutions, amending the FY 2024-25 Budgets for the City of Hesperia, Hesperia Housing Authority, and the Hesperia Water District, be approved:
City of Hesperia Resolution No. 2024-59
Hesperia Housing Authority HHA No. 2024-07
Hesperia Water District HWD No. 2024-18
Joint Resolution No. 2024-58, HHA 2024-06, and HWD 2024-17
BACKGROUND
In compliance with the City Council’s policy direction, staff has prepared the FY 2024-25 First Quarter Budget Review for the City Council, Hesperia Housing Authority, Hesperia Fire Protection District, and the Hesperia Water District Board’s consideration and action.
Additionally, for all personnel changes, the California Public Employees' Retirement System (CalPERS) requires that the City Council, Commissions, and Board of Directors (City Council) approve and adopt a Combined Compensation Schedule whenever there are changes to salaries. This requirement is needed for CalPERS to recognize the position and ensure that the employee receives service credit. The most recently approved and adopted Combined Compensation Schedule occurred on July 16, 2024 with the adoption of Joint Resolution No. 2024-26, HHA 2024-05 and HWD 2024-09, which highlighted position changes included in the FY 2024-25 Budget.
ISSUES/ANALYSIS
The attached document entitled “Fiscal Year 2024-25 First Quarter Budget Review” includes a report on the status of the City’s FY 2024-25 Budget and a financial review of the first three months experience of the current fiscal year. The report format is used to facilitate the review of complex financial information for an efficient and effective financial review process.
CITY GOAL SUPPORTED BY THIS ITEM
Financial Health: Maintain a balanced budget and adequate reserves.
FISCAL IMPACT
See attached Fiscal Year 2024-25 First Quarter Budget Review Report document.
ALTERNATIVE
Provide alternative direction to staff.
ATTACHMENTS
Fiscal Year 2024-25 First Quarter Budget Review Report
Resolution No. 2024-59
Resolution HHA No. 2024-07
Resolution HWD No. 2024-18
Joint Resolution No. 2024-58, HHA 2024-06, and HWD 2024-17 Combined Compensation Schedule Revised and Effective November 20, 2024 Page PAGE 2 of NUMPAGES 1
Staff Report to the Council/Board
Fiscal Year 2024-25 First Quarter Budget Review
November 19, 2024
City of Hesperia
STAFF REPORT