CITY OF IONE
FINANCE COMMITTEE MEETING
THURSDAY, MARCH 28, 2024
5:30 PM
Diane Wratten, Vice Mayor
Dominic Atlan, Councilmember
1 E. Main Street, Ione, CA 95640
The Agenda is also available on City’s Website: www.ione-ca.com A. CALL TO ORDER
B. PLEDGE OF ALLEGIANCE
C. ROLL CALL
D. PUBLIC COMMENT: EACH SPEAKER IS LIMITED TO 4 MINUTES NOTE: This is the time for members of the public who wish to be heard on matters that do not appear on the Agenda. Persons may address the Finance Committee at this time on any subject within the jurisdiction of the Finance Committee. Is there any person in the audience who wishes to address the Committee at this time?
E. INFORMATION ITEMS:
1. Section 125 Plan (updated)
F. REGULAR AGENDA:
1. Review Draft 2024-25 Revenue
Recommendation: For information and staff direction.
G. ADJOURNMENT – NEXT SCHEDULED MEETING APRIL 11, 2024
ADA COMPLIANCE STATEMENT
In compliance with the American with Disabilities Act, if you need special assistance to participate in this meeting, please contact City Clerk Janice Traverso at (209) 274-2412, ext. 102. Notification 24 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting.
City of Ione
Insurance Premiums 2024
Medical
2024 Monthly
Medical
Premium
Current
Monthly
Medical
Maximum
Contribution Medical Dental Vision Life
TOTAL
Monthly City
Exp/ Employee
2023-24 Annual
City
Contribution
Proposed
Annual
Proposed
Monthly City
Expense/Em
ployee
$ 2,651 $ 1,400 $ 1,400 $ 132 23$ 44$ $ 1,599 $ 19,182 21,000$ $ 1,750 $ 2,043 $ 1,400 $ 1,400 $ 78 13$ 23$ $ 1,514 $ 18,172 21,000$ $ 1,750 $ 2,043 $ 1,250 $ 1,250 $ 78 13$ 23$ $ 1,364 $ 16,372 21,000$ $ 1,750 $ 2,656 $ 1,250 $ 1,250 $ 132 23$ 23$ $ 1,428 $ 17,130 21,000$ $ 1,750 $ 1,830 $ 1,250 $ 1,250 $ 78 13$ 23$ $ 1,364 $ 16,372 21,000$ $ 1,750 $ 2,629 $ 1,400 $ 1,400 $ 132 23$ 23$ $ 1,578 $ 18,930 21,000$ $ 1,750 $ 2,043 $ 1,250 $ 1,250 $ 78 13$ 23$ $ 1,364 $ 16,372 21,000$ $ 1,750 $ 1,340 $ 1,400 $ 1,400 $ 132 23$ 23$ $ 1,578 $ 18,930 21,000$ $ 1,750 $ 1,830 $ 1,250 $ 1,250 $ 78 13$ 23$ $ 1,364 $ 16,372 21,000$ $ 1,750 $ 1,830 $ 1,250 $ 1,400 $ 78 13$ 44$ $ 1,535 $ 18,420 21,000$ $ 1,750 $ 1,314 $ 1,250 $ 1,250 $ 42 10$ 23$ $ 1,325 $ 15,898 21,000$ $ 1,750 $ 2,147 $ 1,400 $ 1,400 $ 132 23$ 23$ $ 1,578 $ 18,936 21,000$ $ 1,750 $ 1,021 $ 1,250 $ 1,250 $ 42 10$ 23$ $ 1,325 $ 15,898 21,000$ $ 1,750 $ 2,651 $ 1,400 $ 1,400 $ 132 23$ 23$ $ 1,578 $ 18,930 21,000$ $ 1,750 $ 1,021 $ 1,250 $ 1,250 $ 78 13$ 23$ $ 1,364 $ 16,372 21,000$ $ 1,750 $ 1,314 $ 1,400 $ 1,314 $ 43 10$ 23$ $ 1,390 $ 16,676 21,000$ $ 1,750 $ 1,314 $ 1,400 $ 1,314 $ 43 10$ 23$ $ 1,390 $ 16,676 21,000$ $ 1,750 $ 1,021 $ 1,250 $ 1,250 $ 78 13$ 23$ $ 1,364 $ 16,372 21,000$ $ 1,750 $ 2,656 $ 1,400 $ 1,400 $ 132 23$ 23$ $ 1,578 $ 18,930 21,000$ $ 1,750 $ 1,830 $ 1,250 $ 1,250 $ 78 13$ 44$ $ 1,385 $ 16,620 21,000$ $ 1,750 $ 1,021 $ 1,250 $ 1,250 $ 42 10$ 23$ $ 1,325 $ 15,898 21,000$ $ 1,750 $ 1,314 $ 1,250 $ 1,250 $ 132 23$ 23$ $ 1,428 $ 17,130 21,000$ $ 1,750 $ 1,830 $ 1,250 $ 1,250 $ 78 13$ 23$ $ 1,364 $ 16,372 21,000$ $ 1,750 $41,347.91 $30,100.00 $30,078.54 $2,048.80 $360.30 $592.00 $33,079.64 $396,955.68 483,000$ $ 40,250 $86,044.32
Monthly City Actual Contribution
Annual Additional Expense
CITY OF IONE
2024-25 Draft Revenue
with prior years financial informtion
Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 Notes 1111-41-4111 CURRENT SEC/UNSEC PROP TAX $ 1,075,708 $ 1,100,000 $ 617,644 $ 1,200,000 1,224,000 1111-41-4112 PROPERTY TAX IN LIEU OF VLF $ 1,378,560 $ 1,378,560 $ 787,676 $ 1,378,560 1,406,131 1111-41-4115 CURENT SUPPLEMENTAL $ 22,083 $ 22,083 $ - $ 22,083 22,525 March 1111-41-4116 PRIOR SUPPLEMENTAL ROLL TAX $ 7,361 $ 10,000 $ - $ 10,000 10,200 April 1111-41-4131 SALES AND USE TAX $ 250,025 $ 265,000 $ 112,995 $ 265,000 270,300 2 mos lag 1111-41-4151 TOT - TRANSIENT OCCUPANCY TAX $ 18,495 $ 19,000 $ 1,727 $ 2,000 2,040 1111-41-4161 FRANCHISE TAX $ 156,640 $ 150,000 $ 48,643 $ 150,000 153,000 PG&E April ($75k) 1111-41-4165 BUSINESS LICENSE TAX $ 26,729 $ 28,000 $ 22,022 $ 28,000 28,560 1111-41-4171 REAL PROPERTY TRANSFER TAX $ 50,180 $ 50,000 $ 14,932 $ 25,000 25,500 May 1111-41-4172 SALES TAX PUBLIC SAFETY $ 26,481 $ 13,000 $ 4,600 $ 10,000 10,200 1111-42-4221 CONSTRUCTION PERMITS $ 249,847 $ 180,000 $ 87,220 $ 160,000 163,200 Declining (250k last year) 1111-42-4233 FIRE INSPECTION FEE $ - $ 250 $ - $ - 0
1111-42-4235 ENCROACHMENT PERMIT $ 2,970 $ 3,500 $ 2,160 $ 2,600 2,652 1111-42-4242 BURN PERMIT FEE $ 416 $ 400 $ 252 $ 400 408 1111-42-4281 CONCEALED WEAPONS PERMITS $ 3,407 $ 2,500 $ 2,640 $ 4,000 4,080 1111-43-4311 VEHICLE CODE FINES $ 1,426 $ 1,000 $ 920 $ 1,000 1,020 1111-43-4312 VEHICLE RELEASE $ 756 $ 500 $ 378 $ 500 510 1111-43-4381 PARKING CITATION REVENUE $ 1,373 $ 1,000 $ 874 $ 1,000 1,020 1111-44-4411 INVESTMENT INCOME $ 95,359 $ 39,000 $ 9,917 $ 39,000 39,780 Allocated over funds 1111-44-4421 RENTAL REVENUE $ 32,842 $ 38,000 $ 16,735 $ 38,000 38,760 1111-44-4431 GOLF COURSE LEASE $ 40,000 $ 40,000 $ 40,000 $ 40,000 40,800 1111-45-4517 HOMEOWNERS PROP TAX RELIEF $ 10,296 $ 10,295 $ 1,606 $ 3,200 3,264 1111-45-4520 VEHICLE LICENSE FEE COLLECTION $ 9,110 $ 9,200 $ - $ 9,200 9,384 March 1111-45-4560 GRANT REVENUE - STATE $ - $ - $ 147,157 $ 147,157 150,100 SB 2 grant reimbursement 1111-45-4564 AB3229 (COPS) REVENUE $ 165,466 $ 162,000 $ 158,468 $ 200,000 204,000 1111-46-4621 PLAN CHECK FEES $ 98,429 $ 75,000 $ 43,095 $ 75,000 76,500 1111-46-4622 PLANNING/ENGINEERING REIMB $ - $ 30,000 $ 21,412 $ 30,000 30,600 1111-46-4626 DEVELOPER REIMBURSEMENT $ - $ - $ 125,470 $ 125,470 127,979 1111-46-4641 BUILDING INSPECTION FEES $ 771 $ 1,000 $ 5,046 $ 6,000 6,120 1111-46-4642 PLANNING FEES $ 11,373 $ 8,500 $ 2,410 $ 5,000 5,100 1111-46-4645 POOL REVENUE $ - $ 5,603 $ 20,000 20,400
1111-46-4658 SPECIAL POLICE DEPT SERVICES $ 1,175 $ - $ 4,411 $ 4,500 4,590 Preston Castle 1111-46-4660 POLICE REPORT REVENUE $ 1,404 $ 500 $ 680 $ 1,000 1,020 1111-46-4671 SPECIAL FIRE DEPT SERVICES $ 99,389 $ 100,000 $ 5,657 $ 10,000 10,200 FD Strike teams 1111-47-4705 INSURANCE REIMBURSEMENTS $ 101,450 $ - $ 1,697 $ 1,697 1,731 1111-47-4791 MISC REIMBURSEMENTS $ 36,490 $ 3,500 $ 5 $ 100 102 1111-47-4792 MISC REVENUE $ 1,727 $ 3,500 $ 1,172 $ 1,200 1,224 1111-47-4793 MARKETING/PROMOTIONS $ - $ - $ 2,272 $ 2,272 2,317 1111-47-4798 CASH OVER / SHORT $ - $ - $ 7 $ 7
1111-49-4900 TRANSFERS IN $ 27,741 $ 27,741 $ 27,741 $ 27,741 27,741 TOTAL GENERAL FUND REVENUE $ 4,005,479 $ 3,773,029 $ 2,325,243 $ 4,046,687 4,127,059
GENERAL FUND
CITY OF IONE
2024-25 Draft Revenue
with prior years financial informtion
Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 1222-49-4900 TRANSFER IN $ - $ 187,269 $ 187,269 $ 187,269 200,000 TOTAL GENERAL FUND OPERATING RESERVE $ - $ 187,269 $ 187,269 $ 187,269 200,000 Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 1333-49-4900 TRANSFER IN $ - $ 262,177 $ 262,177 $ 262,177 275,000 TOTAL GENERAL FUND CAPITAL RESERVE $ - $ 262,177 $ 262,177 $ 262,177 275,000 Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 2111-45-4501 OTHER GOVERNMENTAL AGEN $ - $ - $ 158,400 $ 160,000 0 ACTC 2111-45-4521 HUTF - GAS TAX 2106 $ 41,157 $ 40,000 $ 53,090 $ 81,000 82,000 2111-45-4522 HUTF - GAS TAX 2107 $ 68,452 $ 60,000 $ 44,413 $ 60,000 61,000 2111-45-4523 HUTF - GAS TAX 2107.5 $ 2,000 $ 2,000 $ 2,000 $ 2,000 2,000 2111-45-4524 HUTF - GAS TAX 2105 $ 50,225 $ 44,000 $ 36,790 $ 50,000 52,000 2111-45-4525 HUTF - GAS TAX 2103 $ 70,423 $ 62,000 $ 56,397 $ 80,000 85,000 2111-45-4531 RMRA - SB-1 GAS TAX $ 194,398 $ 185,000 $ 128,103 $ 185,000 195,000 2111-46-4677 CALTRANS - STREET CLEANING $ 6,133 $ 6,133 $ 3,067 $ 6,133 6,133 2111-49-4900 TRANSFERS IN $ 11,909 $ 10,108 $ 10,108 $ 10,108 10,108 TOTAL GAS TAX FUND REVENUE $ 444,697 $ 409,241 $ 492,368 $ 634,241 493,241 Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 3111-48-4805 SEWER SERVICE CHARGES $ 942,079 $ 912,000 $ 494,939 $ 850,000 1,000,000 3111-48-4823 MISCELLANEOUS REIMBURSEMENT $ - $ - $ 5,780 $ 5,780 0 Overpayment 3111-48-4824 MISCELLANEOUS REVENUE $ 70 $ - $ 20 $ 20 50 3111-48-4840 SEWER DELINQUENT CHARGES $ 62,615 $ 34,000 $ 35,671 $ 70,000 72,000 TOTAL SEWER FUND REVENUES $ 1,004,764 $ 946,000 $ 536,410 $ 925,800 1,072,050 Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 3121-48-4850 SEWER SERVICE CHARGES $ 238,856 $ 80,000 $ 124,587 $ 206,000 210,000 3121-48-4855 IMPACT FEES (SEWER CONNECTION) $ 296,381 $ 100,000 $ 161,740 $ 200,000 114,600 $7,640/connection (15) 3121-48-4900 TRANSFERS IN $ 10,251 $ 10,251 $ 10,251 $ 10,251 10,251 TOTAL SEWER CIP REVENUES $ 545,488 $ 190,251 $ 296,578 $ 416,251 334,851
GAS TAX FUND
WWTP - OPER & MAINT
SEWER CIP FUND
GENERAL FUND OPERATING RESERVE
GENERAL FUND CAPITAL RESERVE
CITY OF IONE
2024-25 Draft Revenue
with prior years financial informtion
Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 3131-48-4810 TERTIARY PLANT ARSA $ 102,316 $ 125,000 $ 17,648 $ 80,000 125,000 3131-48-4811 TERTIARY PLANT CDCR $ 109,999 $ - $ 109,999 $ 110,000 110,000 3131-48-4812 TERTIARY PLANT PORTLOCK $ 52,500 $ 70,000 $ 35,000 $ 80,000 85,000 3131-49-4900 TRANSFERS IN $ 10,435 $ 14,357 $ 14,357 $ 14,357 14,357 TOTAL TERTIARY REVENUE $ 275,250 $ 209,357 $ 177,004 $ 284,357 334,357 .
Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 4311-44-4420 RENTAL REVENUE - MAJOR EVENTS $ 6,349 $ - $ 3,528 $ 5,000 6,000 4311-44-4421 RENTAL REVENUE - MINOR EVENTS $ 16,516 $ - $ 4,893 $ 7,500 15,000 TOTAL ED HUGHES MEMORIAL ARENA $ 22,865 $ - $ 8,421 $ 12,500 21,000 Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 8221-40-4666 DIST 1 COIS REVENUES $ 76,374 $ 85,000 $ 45,675 $ 85,000 90,000 TOTAL LIGHTING & LANDSCAPE REVENUE $ 76,374 $ 85,000 $ 45,675 $ 85,000 90,000 Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 9511-41-4180 FIRE DEPT (WAS CAP) $ 17,765 $ - $ 24,476 $ 40,000 19,530 $1,302/connection (15) 9513-41-4181 PD (WAS CAP) $ 17,765 $ - $ 24,359 $ 40,000 19,530 $1,302/connection (15) 9514-41-4182 PARKS (WAS CAP) $ 154,948 $ - $ 66,484 $ 100,000 47,400 $3,160/connection (15) 9516-41-4184 IMPACT FEES - GEN ADMIN $ 30,518 $ - $ 1,056 $ 2,000 15,840 $1,056/connection (15) TOTAL IMPACT FEE REVENUE $ 220,996 $ - $ 115,319 $ 182,000 102,300 Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 9518-41-4185 LOCAL TRAFFIC MITIGATION $ 104,685 $ - $ 27,570 $ 40,000 12,510 $834/connection (15) TOTAL TRAFFIC MITIGATION REVENE $ 104,685 $ - $ 27,570 $ 40,000 12,510 Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 9613-41-4135 SALES TAX FIRE (MEASURE M) $ 550,190 $ 600,000 $ 349,981 $ 650,000 650,000 9613-46-4674 LOCAL FIRE DEPLOYMENT $ 85,174 $ 85,000 $ 3,987 $ 8,000 25,000 9613-48-4900 TRANSFERS IN $ 14,217 $ 14,217 $ 14,217 $ 14,217 14,217 TOTAL MEASURE M REVENUE $ 649,581 $ 699,217 $ 368,185 $ 672,217 689,217
ED HUGHES MEMORIAL ARENA
TERTIARY FUND
LIGHTING, LANDSCAPE & MAINT.
IMPACT FEES
TRAFFIC MITIGATION FEE
MEASURE M - FIRE
CITY OF IONE
2024-25 Draft Revenue
with prior years financial informtion
Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 9670-40-4655 SPECIAL ASSESSMENTS-PD $ 288,001 $ 230,000 $ 171,756 $ 230,000 9670-41-4132 SALES TAX PUBLIC SAFETY $ 14,102 $ - $ 4,085 $ 8,000 8,100 9670-45-4501 OTHER GOVERNMENTAL AGENCIES $ 3,825 $ - $ 3,965 $ 8,000 8,000 POST reimbursement TOTAL POLICE RESTRICTED REVENUE $ 305,928 $ 230,000 $ 179,806 $ 246,000 16,100 Proposed
ACCOUNT # DESCRIPTIONS 22/23 Actuals 23/24 Budget 7/2023 to 2/2024 Projected YE 2024-25 9675-40-4665 SPECIAL ASSESSMENTS-FIRE $ 143,784 $ 116,734 $ 84,844 $ 160,000 9765-45-4501 MISCELLANEOUS REVENUE $ 900 $ - $ 5,016 $ 5,000 5,000 Reimbursements from Fire Assoc. 9675-46-4669 FIRE SPRINKLER INSPECTIONS $ 3,921 $ 7,400 $ 1,512 $ 3,000 3,000 9675-46-4671 SPECIAL FIRE DEPT SERVICES $ 7,812 $ - $ 3,060 $ 6,000 6,000 Sprinkler Site plan review TOTAL FIRE RESTRICTED REVENUE $ 156,417 $ 124,134 $ 94,432 $ 174,000 14,000
FIRE RESTRICTED FUND
POLICE RESTRICTED FUND