POWER POINTS
CITY COUNCIL
MEETING
DECEMBER 20, 2022
December 20, 2022
1 City Council Meeting
December 20, 2022
City Council Meeting
Closed Session
December 20, 2022
1 2
December 20, 2022
2 Pledge of Allegiance
City Council Meeting
December 20, 2022
P1– Living Desert Presentation
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December 20, 2022
3 5
6 December 20, 2022
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8 December 20, 2022
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10 December 20, 2022
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12 December 20, 2022
7 If a Picture is Worth a Thousand Words:
an Experience is Worth a Thousand
Pictures (Sylvia Earle)
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December 20, 2022
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16 December 20, 2022
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18 December 20, 2022
10 Why Should La Quinta
Support The Living Desert?
Your Residents Love Us
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December 20, 2022
11 La Quinta Residents
Visited 15,200+ times last year
The Living Desert has
welcomed over 12M+
guests over the last 52
years.
Your Residents Love Us
What is the Impact
of Community
Support?
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December 20, 2022
12 The Living Desert
has generated $500M
of economic impact to
the Coachella Valley
over the last 10 years.
What is the Impact
of Community
Support?
That is $500,000,000 worth of
• Jobs
• Tourist Spending
• Taxes
• Professional Services
• Utilities
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December 20, 2022
13 RHINO SAVANNA
November 2021
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December 20, 2022
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28 December 20, 2022
15 WILDLIGHTS
Select Nights, Nov 22 ‐ Dec 30
GLOW IN THE PARK
Nightly, Mar 15 ‐ Apr 30
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December 20, 2022
16 Staff Office and
Parking Lot Expansion
November 2023
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December 20, 2022
17 THE CAFÉ/MARKETPLACE
& SPLASH PAD
Est. November 2024
LION RIDGE
Est. November 2025
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December 20, 2022
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36 December 20, 2022
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38 December 20, 2022
20 How can La Quinta help?
• Become an annual supporter
of our education programs
• Sponsor community activities
• Partner with our conservation
programs
• Naming opportunities available
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December 20, 2022
21 City Council Meeting
December 20, 2022
B1 – 2021/22 Year-End Budget Report
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December 20, 2022
22 Report Content
Revenues Expenditures Carryovers
Reserve
Summary Exhibits
General Fund Revenues
Top 3 – sales, transient occupancy tax (TOT), and property taxes Variances- Tax Revenue, Licenses & Permits,
Miscellaneous/Transfers In
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December 20, 2022
23 General Fund Expenses
Expenditure savings – Public safety and operations
Measure G reserves allocation $226,385
Total savings $8.4 million
General Fund 2021/22
Final Budget
2021/22
Actuals C Variance
Operational/CIP Expenses
Multi-Year Capital Improvements 35,491,882 4,415,303 (31,076,579) Operational 53,448,766 47,418,952 * (6,029,814)
Expenses Before Carryovers 88,940,648 51,834,255 (37,106,393) -
Plus Carryovers to 2022/23
Multi-Year Capital Improvements 30,761,847 30,761,847
Operational 1,209,100 1,209,100
Adjusted Expenditures 88,940,648 83,805,202 (5,135,446) Plus Measure G Reserves 3,578,644 226,385 (3,352,259)
Total Expenditures 92,519,292 84,031,587 (8,487,705)
*Reduced by non-cash transactions described in the 2021/22 Year-End Budget Report Carryovers to 2022/23
Total $30,761,847
For 21 Projects including CIP Savings, detailed in Exhibit C Total $1,209,100
Total $1,002,700
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December 20, 2022
24 Fund Balance
Reserve/Fund Balance As of June 30, 2021 As of June 30, 2022 Change in Value Non-Spendable
Prepaid Costs 25,246 46,990 21,744
Land Held for Resale 5,403,652 5,403,652 -
Advances to Other Funds - - -
Due from Other Governments 24,070,622 21,915,347 (2,155,275) Total Non-Spendable 29,499,520 27,365,989 (2,133,531)
Restricted
Pension Trust 11,381,922 10,137,888 (1,244,034)
Committed
Operational Carryovers 1,209,870 1,209,100 (770)
Cash Flow Reserve 5,000,000 5,000,000 -
Natural Disaster Reserve 10,000,000 10,000,000 -
Economic Disaster 11,000,000 11,000,000 -
Capital Replacement Reserve 10,000,000 10,000,000 -
Total Committed 37,209,870 37,209,100 (770)
Assigned
Public Safety Fire Services 11,423,931 11,183,821 (240,110) Measure G Sales Tax 15,128,658 15,355,043 226,385
Capital Projects 13,431,089 30,761,847 17,330,758
Total Assigned 39,983,678 57,300,711 17,317,033
Unassigned 24,241,566 33,848,080 9,606,514
TOTAL FUND BALANCE 142,316,556 165,861,768 23,545,212
Measure G Summary
FY 21‐22 Measure G Revenue : $15.6 million
Revenues since inception: $60.9 million
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December 20, 2022
25 Discussion &
Questions
Fiscally healthy & well
managed resources
Build reserves &
improve resiliency
Focus on capital
improvements,
infrastructure and
paying down pension
plan
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December 20, 2022
26 City Council Meeting
December 20, 2022
B2 – Village Undergrounding Feasibility Study
Agreement and Funding Appropriation
Recommended Actions
• Appropriate $24,315 of additional funding
from Unassigned Reserves
• Approve Agreement with NV5, Inc.
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December 20, 2022
27 Background
• 2010: Initial Village Undergrounding Study prepared
• 2021 and 2022 Community Workshops: Village
Undergrounding identified as community priority
• Funding for feasibility study included in 2022/23 CIP Feasibility Study Scope
• Current planning level dry utility cost estimate
update
• Phasing Plan for Area 2
– Commercial area and Francis Hack Lane
• Identify Special Construction Practices
• Stakeholder Meetings
• City Council Sessions / Findings
• Optional:
– Financial Analysis/Implementation Strategy
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December 20, 2022
28 Undergrounding
Area Map
Optional Tasks
• Provide specific financing options
• Preliminary cost estimates per area
• “Financial Options” City Council study session
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December 20, 2022
29 Feasibility Study Cost
TASK COST
Feasibility Study $99,975
Optional Financial Analysis $24,340
Total $124,315
Funding Source Amount
General Fund $100,000
Unassigned Reserves $24,315
Total $124,315
QUESTIONS
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December 20, 2022
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