Malibu City Council
Administration and Finance Subcommittee
Special Meeting Agenda
Thursday, May 30, 2024
2:00 P.M.
City Hall – Surfrider Room
23825 Stuart Ranch Road
Mayor Pro Tem Doug Stewart
Councilmember Bruce Silverstein
Call to Order
Roll Call
Report on Posting of the Agenda – May 28, 2024
Approval of Agenda
Public Comment This is the time for the public to comment on any items not appearing on this agenda.
Each public speaker shall be allowed up to three (3) minutes for comments. The Subcommittee may not discuss or act on any matter not specifically identified on this agenda, pursuant to the Ralph M. Brown Act.
Discussion Items
1. Presentations/Staff Updates
None.
2. Old Business
None.
3. New Business
A. Approval of Minutes
Recommended Action: Approve the minutes for the Administration and Finance Subcommittee Special meeting of May 2, 2024.
Staff Contact: Executive Assistant Alba, 310-456-2489 ext. 232 Administration and Finance Subcommittee
May 30, 2024 Special Meeting
B. Fiscal Year 2023-24 Third Quarter Financial Report
Recommended Action: Review Fiscal Year (FY) 2023-24 Third Quarter Financial Report.
Staff contact: Assistant City Manager Toney, 310-456-2489 ext. 224 Adjournment
I hereby certify under penalty of perjury, under the laws of the State of California, that the foregoing agenda was posted in accordance with the applicable legal requirements. Special meeting agendas may be amended up to 24 hours in advance of the meeting. Dated this 28th day of May 2024, at 3:00 p.m.
Cynthia Alba, Executive Assistant
Agenda Item 3.A.
Administration &
Finance Subcommittee
Special Meeting
05-30-24
Item 3.A.
Administration and Finance
Subcommittee Agenda Report
To: Mayor Pro Tem Stewart and Councilmember Silverstein Prepared by: Cynthia Alba, Executive Assistant
Approved by: Steve McClary, City Manager
Date prepared: May 23, 2024 Meeting date: May 30, 2024
Subject: Approval of Minutes
RECOMMENDED ACTION: Approve the minutes for the Administration and Finance Subcommittee Special meeting of May 2, 2024.
DISCUSSION: Staff has prepared draft minutes for the Administration and Finance Subcommittee Special meeting of May 2, 2024.
ATTACHMENTS:
May 2, 2024, Special Meeting Minutes
MINUTES
MALIBU ADMINISTRATION & FINANCE SUBCOMMITTEE
SPECIAL MEETING
May 2, 2024
CITY HALL – Multipurpose Room
1:00 P.M.
CALL TO ORDER
Mayor Pro Tem Stewart called the meeting to order at 1:03 p.m.
ROLL CALL
The following persons were recorded in attendance:
PRESENT: Mayor Pro Tem Doug Stewart and Councilmember Bruce Silverstein ALSO PRESENT: Steve McClary, City Manager, Joseph Toney, Assistant City Manager; Renée Neermann, Finance Manager; and Cynthia Alba, Executive Assistant.
REPORT ON POSTING OF AGENDA
Executive Assistant Alba reported that the agenda for the meeting was properly posted on posted on May 1, 2024.
APPROVAL OF AGENDA
MOTION Mayor Pro Tem Stewart moved, and Councilmember Silverstein seconded a motion to approve the agenda. The question was called, and the motion carried unanimously.
ITEM 1 PRESENTATIONS
None.
ITEM 2 OLD BUSINESS
None.
ITEM 3 NEW BUSINESS
A. Approval of Minutes – January 17, 2024 and April 10, 2024 Recommended Action: Approve the minutes for the Administration and Finance Subcommittee Special meeting of January 17, 2024 and April 10, 2024.
Attachment 1
Malibu Administration and Finance Subcommittee
Special Meeting
Minutes of May 2, 2024
_________________________
MOTION Councilmember Silverstein moved, and Mayor Pro Tem Stewart seconded a motion to approve the minutes for the Administration and Finance Subcommittee Special meetings of January 17, 2024, and April 10, 2024.
B. Proposed Budget for Fiscal Year 2024-25
Recommended Action: Provide a recommendation to the City Council regarding the Fiscal Year (FY) 2024-25 Proposed Budget.
Assistant City Manager Toney provided a presentation on the proposed budget. As recommended by the City Council he added items surrounding speed cameras, rental rates for facility use, Wi-Fi at the parks, and the feasibility of adding a dog park at Las Flores Park. He added that there was a previous discussion regarding a dog park and the information has been added to the agenda report. He stated that it was reviewed in 2021 and presented to the Parks and Recreation Commission and it was recommended not to move forward at the Las Flores location, vacant lands were proposed, due to ESHA limitations, parking, and size of the location.
Councilmember Silverstein inquired if any public beaches allowed dogs on the beach, and inquired if the city could pursue the possibility of designating a Malibu beach as a dog beach.
Assistant City Manager Toney stated that this has been done in other areas such as the City of Long Beach and Santa Barbara County.
City Manager McClary added that Malibu will need to inquire with both the county and the state as there are beaches owned by both jurisdictions.
Mayor Pro Tem Stewart spoke about the facility use rental rates, he stated that the marathon and triathlon are on county parking property and Malibu spends money to support this.
Finance Manager Neermann clarified that the agencies who oversee the marathon and triathlon cover the Sheriff’s fees.
City Manager McClary explained that most of the impact has been on the administration side of the agreement and is unsure of the impact on the day-to-day, the Community Services Department staff, or other staff.
Mayor Pro Tem Stewart stated that the city should aim to recover funds where possible. He added that regarding speed cameras, the figure wouldn’t have to be specific, and an estimated allocation would suffice as a placeholder.
Assistant City Manager Toney explained that there are multiple ways of appropriating funds, either upfront or throughout the fiscal year.
Malibu Administration and Finance Subcommittee
Special Meeting
Minutes of May 2, 2024
_________________________
In response to Assistant City Manager Toney, Mayor Pro Tem Stewart stated that his goal is to ensure that there is an expedited process when it comes to the speed camera project.
City Manager McClary stated that it is best to come up with a placeholder value because Senator Ben Allen's office is requesting an estimated figure for the appropriations committee.
Mayor Pro Tem Stewart recommended gathering that estimated figure based on nine cameras. He also inquired about the funding process for funding projects that may come out of surveys.
Finance Manager Neermann explained that this could also be funded while the request for proposals and contracts are being finalized.
Councilmember Silverstein inquired about Los Angeles County Sheriff and California Highway Patrol coverage overnight between 10 pm to 5 am.
City Manager McClary stated that nighttime coverage is sparse in comparison to daytime coverage.
Councilmember Silverstein recommended allocating resources for nighttime coverage to patrol nighttime speeding.
City Manager McClary recommended meeting with Captain Seetoo to further discuss resource allocation and any challenges they may have. He stated that CHP is also limited to assignments.
Mayor Pro Tem Stewart said that patrol assignments are based on availability and should be accepting the help they can get. He highlighted an issue of overtime versus dedicated officers and added that the officers are doing the best they can. He explained that a discussion with Captain Seetoo would be beneficial. He also stated that there would be a second request to use funds for the Malibu Education Fund and inquired if a line item should be added at that time.
Assistant City Manager Toney stated that the Administration and Finance Subcommittee can make a recommendation to the City Council to set aside funds to be included as a line item in the budget as an appropriation, however, they would still need to submit a request for those funds.
Councilmember Silverstein recommended that they make a formal request first before any funds get allocated.
Assistant City Manager Toney continued his presentation and explained that there are currently Prop A funds totaling about $1.1 million. He stated that these funds are limited to transportation services and if they are left unused, they are lost. He Malibu Administration and Finance Subcommittee
Special Meeting
Minutes of May 2, 2024
_________________________
added that another city is interested in purchasing those funds for a discount. He explained that transportation services in the city are limited and include items such as Dial a Ride.
Councilmember Silverstein posed several questions to staff.
Finance Manager Neermann stated that this was most recently done in 2019. She added that Prop A funds are distributed to the city each year and selling the funds at a discount this year will not impact future year’s funds. She added that these funds have very specific uses such as building a bus stop and explained that it cannot be used for parking-related items.
Councilmember Silverstein asked if the funds could be used for school transportation for kids.
City Manager McClary stated that spending the money will require staff time to complete the projects.
Mayor Pro Tem Stewart stated that the funds were to be used or lost and inquired if the discount was market rate.
Finance Manager Neermann stated that only one city was interested in purchasing those funds for a discount.
Councilmember Silverstein agreed that he would be okay with selling the funds this year as long as the funds returned are general funds and future Prop A funds are not impacted by this transaction.
Assistant City Manager Toney explained that this current year's transaction can be executed at the City Manager level. He explained that there are multiple reasons to increase the CIP budget; one of those being the permanent skatepark, which was originally estimated at $1.1 million and is now estimated closer to $2.5 million within the next fiscal year.
City Manager McClary added that there were prior discussions at the Parks and Recreation Commission regarding fundraising or sponsorship opportunities and discussions were shifted towards the city funding this project.
Mayor Pro Tem Stewart recommended having further discussions regarding naming rights at the City Council level.
Assistant City Manager Toney stated that a public hearing will be held on May 28th and the budget is scheduled to be adopted at the end of June. He reviewed the status of revenues and expenditures and added that they are structurally balanced for the most part. He continued with his presentation to introduce proposed staffing changes including several new positions, a 3.4% cost of living adjustment, and Malibu Administration and Finance Subcommittee
Special Meeting
Minutes of May 2, 2024
_________________________
completion of the classification and compensation study. He continued to review each department's budget changes. He also touched on the Baker Tilly report and reported that they have made headway on culture and retention and are still making improvements across all 46 recommendations. He added that three main recommendations included establishing a Community Development Department; it was recommended to add a placeholder for a Community Development Director.
He explained that most cities do not have separate Planning and Building Departments. He stated that this would need to be researched further and returned to the City Council with the options and analysis, and this would be a placeholder for a position for future leeway.
City Manager McClary stated that the most modern option is to have a unified department, as he has not seen many cities lead towards separating departments.
Councilmember Silverstein inquired if the Baker Tilly Report was a receive and file only.
Assistant City Manager Toney explained that the findings were presented to the City Council for feedback, and provided to the City Manager for implementation.
He added that there were both short-term and long-term solutions.
Mayor Pro Tem Stewart recommended that an item be brought to the City Council to provide a progress report on implementation.
Councilmember Silverstein commended staff for the great budget presentation at the last City Council meeting. He inquired about the Sheriff's Department allocations.
Assistant City Manager Toney explained at a high level how the services are allocated and explained that it would be more expensive to have a Police Department or Fire Department.
Mayor Pro Tem Stewart, requested more details when it came to the pie charts for example Management Administration Services Department to include information on IT, Human Resources, or Media.
Assistant City Manager Toney shared that a further breakdown of divisions can be found on page 11 of the budget and that additional slides can be added to the presentation.
Mayor Pro Tem Stewart stated that he would leave that decision up to staff but would like to see further breakdowns to ensure confidence in incoming income; including confidence levels.
Malibu Administration and Finance Subcommittee
Special Meeting
Minutes of May 2, 2024
_________________________
City Manager McClary stated that although currently, the city is on an upward trend, those assumptions cannot be made each year.
Assistant City Manager Toney stated that property taxes swing but historically they have been at six percent. He added that inelasticity was the reason why most organizations such as schools are based on property taxes. He added that hotel and private have leveled off within the past two years, between 9 – 10 million.
Mayor Pro Tem Stewart inquired if there was a process to track TOT payments to ensure full compliance.
Finance Manager Neermann stated that the city is doing everything possible and has a consultant who scans websites and spot-checks individual locations to ensure compliance.
Assistant City Manager Toney explained that when the budget was developed, the department was going off the current year quarter two for the estimates. He stated that the finance team will be going back to those estimates for revenue and expenses.
City Manager McClary stated that as a follow-up to the budget workshop he has tasked the Community Services Department to draft a policy on city land and facility rentals.
Councilmember Silverstein encouraged staff to have different rates for non-profit agencies.
MOTION Councilmember Silverstein moved, and Mayor Pro Tem Stewart seconded a motion to recommend to the City Council to adopt recommendations of staff subject to feedback.
ADJOURNMENT
At 2:30 p.m., Mayor Pro Tem Stewart adjourned the meeting.
Approved and adopted by the Administration and Finance
Subcommittee of the City of Malibu on _____________.
_______________________________
DOUG STEWART, Mayor Pro Tem
ATTEST:
_________________________________
Cynthia Alba, Executive Assistant
Agenda Item #3.B.
Administration &
Finance Subcommittee
Special Meeting
05-30-24
Item 3.B.
Administration and Finance
Subcommittee Agenda Report
To: Mayor Pro Tem Stewart and Councilmember Silverstein Prepared by: Joseph D. Toney, Assistant City Manager
Approved by: Renée Neermann, Finance Manager
Approved by: Steve McClary, City Manager
Date prepared: May 21, 2024 Meeting date: May 30, 2024
Subject: Fiscal Year 2023-24 Third Quarter Financial Report RECOMMENDED ACTION: Review Fiscal Year (FY) 2023-24 Third Quarter Financial Report.
FISCAL IMPACT: There is no fiscal impact associated with the recommended action. As of March 31, 2024, the projected General Fund Undesignated Reserve at June 30, 2024, is $73.37 million.
DISCUSSION: The attached report provides revenue, expenditure and fund balance totals for the third quarter of FY 2023-24
The Revenues by Fund Report (pages A 1-5) reflects General Fund revenues received of $34.3 million or 58.9% of the amended budgeted amount for the fiscal year. Total revenue for all funds received through the third quarter is $42.5 million or 51.1% of the amended budgeted amount for the fiscal year. Many revenue sources are received on a quarterly or annual basis creating a lag in receipt, and as such, will be reflected when the year-end report is presented. For example, property taxes are remitted by the County after they are paid by property owners in December and April; Property Tax – In Lieu payments typically come at the end of the year; and Transient Occupancy Tax – Private Rentals is remitted quarterly. Sales Tax is remitted quarterly to the State and then passed along to the City.
The Expenditure by Fund Report (pages A 6-9) reflects any budget carryovers from FY 2022-23, as well as the appropriations approved by the City Council for the current fiscal year in the Amended Budget column. Budget Adjustments, Carryovers and Council Agenda Item #3.B.
Appropriations total $4.6 million as of March 31, 2024. General Fund expenditures for the third quarter total $31.4 million or 43.3% of the amended budget. Expenditures for all funds total $39.1 million or 40.0% of the amended budget.
Projected Fund Balances for the fiscal year end are reflected on page A-10. The projected Undesignated Fund Balance at June 30, 2024, includes all expenses appropriated as of March 31, 2024 by the Council. The City ended FY 2022-23 with $61.5 million in the Undesignated General Fund Reserve. As of March 31, 2024, the projected General Fund Undesignated Reserve at June 30, 2024, is $73.4 million. In addition, there is $6.5 million in Contingency that is available at the discretion of the Council.
Third Quarter Budget Amendments
The Revenue and Expenditure amendments for this period are corrections and detailed on pages A-5 and A-9 respectively.
The only adjustment for Q3 pertains to Proposition A Local Return (Prop A) funds. The City has Prop A funds that could potentially lapse if we do not use them. This is due to the low level of transportation programming in the City. While the City offers Dial-a-Ride and Community Transportation programming, the estimated year end expenditures from these funds are only about $161,000 in FY 2023-24, with a projected fund balance of $1.24 million. To not lose the Prop A benefit, the City is able to exchange the funds to another city at a discount. Staff have negotiated exchanging the funds at $0.73 on the dollar, and the subsequent sale results in General Fund dollars. The City will exchange about $450,000 from the Prop A Fund Balance and will receive an estimated $328,500 in General Fund in return, a net financial impact of -$121,500, to the Fund Balance on All Funds. This is displayed in the FY 2023-24 Estimated revenue and expenditures and in the Fund Balance at June 30, 2024. The Estimated expenditures are modified in Object 3009-Transportation Services from $161,000 to $611,000, and the revenues are modified from in Object 3602-Proposition A Transportation Funds Exchange.
The FY 2023-24 Third Quarter Financial Report will be presented to the City Council on June 10, 2024.
ATTACHMENTS: Fiscal Year 2023-24 Third Quarter Financial Report
REVENUES BY FUND
March 31, 2024
Object Description
2023-24
Adopted
Amended
Budget
Actual thru
03/31/2024
Percentage
Received
2023-24
Estimated
100, 101, 102 & 103 General Fund
3111 Current Year Secured Property Tax $ 15,100,000 $ 15,100,000 $ 8,542,939 56.6% 15,709,000 $ 3112 Current Year Unsecured Property Tax 425,000 425,000 128,423 30.2% 425,000 3113 Homeowner's Exemption 60,000 60,000 30,120 50.2% 60,000 3114 Prior Year Secured Property Tax 1,000 1,000 - 0.0% 1,000 3115 Prior Year Unsecured Property Tax 10,000 10,000 20,638 206.4% 25,000 3118 Property Tax In-Lieu 2,350,000 2,350,000 1,369,005 58.3% 2,350,000 Revenue from Property Taxes 17,946,000 17,946,000 10,091,125 56.2% 18,570,000 3131 Documentary Transfer Tax 1,358,000 1,358,000 551,484 40.6% 1,358,000 3132 Utility User's Tax 2,500,000 2,500,000 1,924,301 77.0% 3,000,000 3133 Transient Occupancy Tax - Hotels and Motels 3,500,000 3,500,000 2,332,789 66.7% 3,700,000 3133-01 Transient Occupancy Tax - Private Rentals 6,000,000 6,000,000 2,649,703 44.2% 5,800,000 3134 Franchise Fees 750,000 750,000 221,624 29.5% 750,000 3137 Sales and Use Tax 8,400,000 8,400,000 5,482,103 65.3% 8,700,000 3138 Parking Occupancy Tax 600,000 600,000 329,169 54.9% 439,000 Revenue From Other Taxes 23,108,000 23,108,000 13,491,173 58.4% 23,747,000 3201 Alarm Permits 30,000 30,000 20,615 68.7% 27,000
3202 Film Permits 450,000 450,000 280,436 62.3% 369,000 3203 Building Permits 1,200,000 1,200,000 942,752 78.6% 1,251,000 3203-01 Code Enforcement - Special Investigations 21,000 21,000 13,236 63.0% 16,000 3204 Wastewater Treatment System Permits 40,000 40,000 34,796 87.0% 45,000 3205 Plumbing Permits 170,000 170,000 152,764 89.9% 201,000 3207 Mechanical Permits 120,000 120,000 132,878 110.7% 176,000 3208 Electrical Permit Fees 280,000 280,000 264,090 94.3% 349,000 3209 Grading/Drainage Permit Fees 90,000 90,000 81,066 90.1% 108,000 3210 Miscellaneous Permits 10,000 10,000 5,776 57.8% 8,000 3418 OWTS Operating Permit Fees 450,000 450,000 319,407 71.0% 422,000 3420 Parking Permits 1,500 1,500 734 48.9% 1,000
3421 Planning Review Fees 1,200,000 1,200,000 966,687 80.6% 1,293,000 Revenue From Licenses and Permits 4,062,500 4,062,500 3,215,237 79.1% 4,266,000 3250 Parking Citation Fines 1,500,000 1,500,000 833,805 55.6% 1,400,000 Revenue From Fines and Forfeitures 1,500,000 1,500,000 833,805 55.6% 1,400,000 3316 Motor Vehicle In-Lieu Fees 15,000 15,000 13,265 88.4% 13,265 3318 Street Sweeping Reimbursements 51,678 51,678 12,920 25.0% 12,920 3313/3341 FEMA/OES Reimbursements 2,164,090 2,164,090 463,448 21.4% 2,164,090 3373 Proposition A Recreation - - 12,010 0.0% 12,010
3383 Measure A Recreation - - - 0.0% -
3381 LA County EWMP Reimbursement - - 26,374 0.0% 26,374 Revenue From Other Governments 2,230,768 2,230,768 528,017 23.7% 2,228,659 3408 Biology Review Fees 235,000 235,000 184,515 78.5% 243,000 3409 Document Retention Fees 20,000 20,000 18,915 94.6% 25,000 3410 Building Plan Check Fees 1,200,000 1,200,000 844,143 70.3% 1,092,000 3410-01 Administrative Plan Check Processing Fee 45,000 45,000 60,165 133.7% 78,000 3410-03 Building Plan Check Fees - Dark Sky 650,000 650,000 - 0.0% - 3411 Inspector Plan Check Fees 200,000 200,000 160,676 80.3% 210,000 3412 Geo Soils Engineering Fees 1,000,000 1,000,000 721,053 72.1% 952,000 3413 Other Plan Check Fees 35,000 35,000 40,055 114.4% 53,000 3414 Environmental Health Review Fees 550,000 550,000 411,759 74.9% 543,000 3415 Grading/Drainage Plan Review Fees 5,000 5,000 16,332 326.6% 15,000 3416 Code Enforcement Investigation Fees 80,000 80,000 66,435 83.0% 87,000 3419 Credit Card Fees 95,000 95,000 111,968 117.9% 145,000 3422 OWTS Practitioners Fees 8,000 8,000 13,475 168.4% 17,000 3425 CA Building Standards Surcharge 1,600 1,600 2,499 156.2% 3,000 3426 EIR Review Fees - - - 0.0% -
3427 Technology Enhancement Fee 95,000 95,000 109,845 115.6% 145,000 3431 Public Works/Engineering Fees 375,000 375,000 422,429 112.6% 558,000 3432 WQMP Fees 35,000 35,000 23,370 66.8% 31,000
3433 Banner Hanging Fees - - - 0.0% -
3434-01 Short-Term Rental Permit Fee 150,000 150,000 104,292 69.5% 136,000 3434-02 Short-Term Rental Violation Fines 2,000 2,000 2,300 115.0% 1,500 A1
Attachment 1
REVENUES BY FUND
March 31, 2024
Object Description
2023-24
Adopted
Amended
Budget
Actual thru
03/31/2024
Percentage
Received
2023-24
Estimated
General Fund (Continued)
3435 Admin Permit Processing Fees 75,000 75,000 83,541 111.4% 109,000 3436 Electric Vehicle Charger Fees 4,000 4,000 2,752 68.8% 4,000 3441 Sale of Publications and Materials 100 100 28 28.0% 50 3444 Returned Check Service Fees 500 500 280 56.0% 500
3446 Vehicle Impound Release Fees 75,000 75,000 71,556 95.4% 75,000 3447 Election Fees 1,000 1,000 - 0.0% -
3448 Subpoena Fees 1,000 1,000 2,973 297.3% 4,000
3449 False Alarm Service Charge 12,000 12,000 1,680 14.0% 2,000 3450 Residential Decals 1,000 1,000 280 28.0% 500
3461 Municipal Facility Use Fees 80,000 80,000 46,552 58.2% 61,000 3464 Youth Sports Program 67,000 67,000 42,605 63.6% 56,000 3464-01 Girls Youth Sports 7,000 7,000 - 0.0% -
3466 Aquatics Program 220,000 220,000 126,934 57.7% 167,000 3467 Day Camp 75,000 75,000 16,154 21.5% 18,000
3468 Senior Adult Program 30,000 30,000 21,146 70.5% 27,000 3469 Skate Park 50,000 50,000 18,448 36.9% 23,000
3470 Recreation/Community Class Registration 95,000 95,000 56,614 59.6% 70,000 3471/3472 Special Events 7,500 7,500 10,397 138.6% 14,000 Revenue From Service Charges 5,582,700 5,582,700 3,816,166 68.4% 4,965,550 3501 Interest Earnings 2,529,000 2,529,000 963,547 38.1% 3,510,000 3505 City Hall Use Fees 20,000 20,000 10,641 53.2% 13,000 Use of Money and Property 2,549,000 2,549,000 974,188 38.2% 3,523,000 3600 Proceeds from Grants - 376,000 278,278 74.0% 376,000 3602 Proposition A Transportation Funds Exchange - 328,500 - 0.0% 328,500 3901 Settlements 2,000 554,467 1,113,735 200.9% 1,113,735 3902 Legal Fees - - - 0.0% -
3904 TOT Private Rental Penalties 25,000 25,000 (470) -1.9% (614) 3905 Miscellaneous Reimbursements 25,000 25,000 (9,214) -36.9% (9,214) 3920 Donations 5,000 5,000 - 0.0% -
3940 Sale of Surplus Property 1,000 1,000 362 36.2% 3,950 3930/3943 Miscellaneous Revenue 7,500 7,500 6,289 83.9% 6,289 Miscellaneous Revenue 65,500 1,322,467 1,388,980 105.0% 1,818,646 Total General Fund 57,044,468 58,301,435 34,338,691 58.9% 60,518,855 Special Revenue Funds
201 Gas Tax Fund
3315 Highway User's Fees 309,286 309,286 200,514 64.8% 309,286 3318 Traffic Congestion Relief - - - 0.0% -
3501 Interest Earnings 7,000 7,000 9,591 137.0% 12,788
Total Gas Tax Fund 316,286 316,286 210,105 66.4% 322,074 202 Traffic Safety Fund
3312 Fines & Forfeitures 200,000 200,000 159,431 79.7% 200,000 3501 Interest Earnings 10,000 10,000 29,425 294.3% 39,233 Total Traffic Safety Fund 210,000 210,000 188,856 89.9% 239,233 203 Proposition A Fund
3371 Prop A Funds 308,837 308,837 216,567 70.1% 308,837 3501 Interest Earnings 29,000 29,000 118,713 409.4% 158,284 Total Proposition A Fund 337,837 337,837 335,280 99.2% 467,121 204 Proposition C Fund
3372 Prop C Funds 256,172 256,172 179,693 70.1% 256,172 3501 Interest Earnings 9,000 9,000 43,634 484.8% 58,179 Total Proposition C Fund 265,172 265,172 223,327 84.2% 314,351 205 Measure R Fund
3374 Measure R Funds 192,129 192,129 119,958 62.4% 192,129 3501 Interest Earnings 9,000 9,000 33,047 367.2% 44,063 Total Measure R fund 201,129 201,129 153,005 76.1% 236,192 A2
REVENUES BY FUND
March 31, 2024
Object Description
2023-24
Adopted
Amended
Budget
Actual thru
03/31/2024
Percentage
Received
2023-24
Estimated
206 Air Quality Management Fund
3377 AQMD Funds 15,000 15,000 6,952 46.3% 14,000
3501 Interest Earnings 5,000 5,000 17,956 359.1% 23,941 3943 Other Revenue - - - 0.0% -
Total Air Quality Management Fund 20,000 20,000 24,908 124.5% 37,941 207 Solid Waste Management Fund
3311 Solid Waste Management Surcharge 120,000 120,000 32,161 26.8% 120,000 3434 Recycling Fees 17,500 17,500 10,400 59.4% 17,500
3501 Interest Earnings 3,000 3,000 - 0.0% 3,000
3600 Grant Proceeds 5,000 80,000 15,448 19.3% 5,000
Total Solid Waste Management Fund 145,500 220,500 58,009 26.3% 145,500 208 Parkland Development Fund
3135 Parkland Development Fees 20,000 20,000 9,695 48.5% 20,000 3501 Interest Earnings 5,000 5,000 19,560 391.2% 26,080 Total Park Development Fund 25,000 25,000 29,255 117.0% 46,080 209 Quimby Fund
3501 Interest Earnings 100 100 469 469.0% 625
Total Quimby Fund 100 100 469 469.0% 625
211 COPS (Brulte) Grant Fund
3600 Proceeds From Grants (Brulte) 165,000 186,159 186,159 100.0% 186,159 Total COPS (Brulte) Fund 165,000 186,159 186,159 100.0% 186,159 212 Measure M Funds
3375 Measure M Funds 217,746 217,746 135,321 62.1% 217,746 3501 Interest Earnings 16,000 16,000 50,255 314.1% 67,007 Total Measure M Fund 233,746 233,746 185,576 79.4% 284,753 213 Road Maintenance and Rehabilitation Act (RMRA) Fund 3319 SB1 Annual Allocation 265,471 265,471 156,938 59.1% 265,471 3501 Interest Earnings 15,000 15,000 72,657 484.4% 96,876 Total RMRA Fund 280,471 280,471 229,595 81.9% 362,347
214 Art in Public Places Fund
3135 Art in Public Places Fees - - - 0.0% -
3501 Interest Earnings 1,000 1,000 4,373 437.3% 5,831
Total Art in Public Places Fund 1,000 1,000 4,373 437.3% 5,831 215 Community Development Block Grant Fund
3320/3320-01 Proceeds From Grants 66,000 66,000 21,564 32.7% 66,000 3600-01 Proceeds From Grants - Disaster Recovery - - - 0.0% - Total Comm. Dev. Block Grant Fund 66,000 66,000 21,564 32.7% 66,000 218 Measure W - LA County Stormwater Fund
3379 Measure W Annual Allocation 390,000 390,000 389,633 99.9% 390,000 3501 Interest Earnings 30,000 30,000 63,693 212.3% 84,924 Total Measure W - LA County Stormwater 420,000 420,000 453,326 107.9% 474,924 225 Grants Fund
3376 TDA 12,509 12,509 - 0.0% -
3600 Proceeds From Grants 12,989,000 12,999,561 176,013 1.4% 6,082,848 Total Grants Fund 13,001,509 13,012,070 176,013 1.4% 6,082,848 290 Big Rock LMD Fund
3116 Big Rock Mesa Assessment 356,470 356,470 219,816 61.7% 356,470 3501 Interest Earnings 3,000 3,000 12,594 419.8% 16,792 Total Big Rock LMD Fund 359,470 359,470 232,410 64.7% 373,262 Special Revenue Funds (Continued)
A3
REVENUES BY FUND
March 31, 2024
Object Description
2023-24
Adopted
Amended
Budget
Actual thru
03/31/2024
Percentage
Received
2023-24
Estimated
291 Malibu Road LMD Fund
3116 Malibu Road Assessment 62,356 62,356 36,944 59.2% 62,356 3501 Interest Earnings 3,000 3,000 6,319 210.6% 8,425
Total Malibu Road LMD Fund 65,356 65,356 43,263 66.2% 70,781 292 Calle Del Barco LMD Fund
3116 Calle Del Barco Assessment 87,050 87,050 49,622 57.0% 87,050 3501 Interest Earnings 3,000 3,000 10,867 362.2% 14,489 Total Calle Del Barco LMD Fund 90,050 90,050 60,489 67.2% 101,539 715 Civic Center Water Treatment Facility AD
3501 Interest Earnings 97,000 97,000 470,215 484.8% 563,093 3915 Civic Center Water Treatment Facility AD 2,587,519 2,587,519 1,297,118 50.1% 2,587,519 Total Civic Ctr Water Treatment Facility AD 2,684,519 2,684,519 1,767,333 65.8% 3,150,612 517 Civic Center Water Treatment Facility - Phase Two
3501 Interest Earnings 49,000 49,000 255,852 522.1% 341,136 3950 CCWTF - Phase Two Construction - Bond Proceeds - - - 0.0% - 2080 CCWTF - Phase Two Contributions - - - 0.0% -
Total Civic Ctr Water Treatment Facility AD 49,000 49,000 255,852 522.1% 341,136 712 Carbon Beach Undergrounding CFD Fund
3915 Carbon Beach Undergrounding Assessment 236,032 236,032 134,346 56.9% 236,032 3501 Interest Earnings 7,000 7,000 18,289 261.3% 28,281 Total Carbon Beach Undergrounding CFD 243,032 243,032 152,635 62.8% 264,313 713 Broad Beach Assessment District
3915 Broad Beach Undergrounding Assessment 141,710 141,710 74,458 52.5% 141,710 3501 Interest Earnings 3,000 3,000 12,080 402.7% 14,829 Total Broad Beach Undergrounding AD 144,710 144,710 86,538 59.8% 156,539 19,324,887 19,431,607 5,078,340 26.1% 13,730,161
500 Legacy Park Project Fund
3501 Interest Earnings 31,000 31,000 107,528 346.9% 143,283 3505 Proceeds from Rent 1,611,534 1,611,534 1,239,664 76.9% 1,611,534 3373 Prop A Recreation - - - 0.0% -
3383 Measure A Recreation - - - 0.0% -
3905 Miscellaneous Revenue 150,000 150,000 28,496 19.0% 150,000 Total Legacy Park Project Fund 1,792,534 1,792,534 1,375,688 76.7% 1,904,817 Total Legacy Park Project Fund 1,792,534 1,792,534 1,375,688 76.7% 1,904,817 515 Civic Center Wastewater Treatment Facility O&M
3501 Interest Earning 32,000 32,000 17,883 55.9% 23,844 3510 Sewer Service Fees 2,300,000 2,300,000 1,036,809 45.1% 2,300,000 3915 Contributions-Property Owners - - - 0.0% -
Total CCWTF O&M 2,332,000 2,332,000 1,054,692 45.2% 2,323,844 Total CCWTF O&M Funds 2,332,000 2,332,000 1,054,692 45.2% 2,323,844 Special Revenue Funds (Continued)
Total Special Revenue Funds
A4
REVENUES BY FUND
March 31, 2024
Object Description
2023-24
Adopted
Amended
Budget
Actual thru
03/31/2024
Percentage
Received
2023-24
Estimated
601 Vehicle Fund
3501 Interest Earnings 4,000 4,000 21,930 548.3% 29,240 3951 Vehicle Charges 120,000 120,000 25,600 21.3% 120,000 Total Vehicle Fund 124,000 124,000 47,530 38.3% 149,240 602 Information Technology Fund
3501 Interest Earnings 1,000 1,000 - 0.0% -
3952 Information Technology Charges 1,159,596 1,159,596 579,798 50.0% 1,059,711 Total Information Technology Fund 1,160,596 1,160,596 579,798 50.0% 1,059,711 Total Internal Service Funds 1, 1,284,596 284,596 627,328 48.8% 1,208,951 Total Revenue - All Funds $ 83,142,172 81,778,485 $ 42,474,739 $ 51.1% 79,686,628 $ Total 2023-24 Adopted budget: $ 81,778,485
Account Description Amount
100-0000-3901-00 Southern California Edison Settlement Interest Settlement Reimb 552,467 Budget Adjustment 211-0000-3600-00 COPS (Brulte) Grant Proceeds Proceeds from Grants 21,159 Budget Adjustment 101-0000-3600-00 SCG Grant - Coastal Vulnerability Proceeds from Grants 50,000 Mid-year Amendment 12/31/2023 207-0000-3600-00 SB 1383 Local Assistance Grant Proceeds from Grants 75,000 Mid-year Amendment 12/31/2023 225-0000-3376-00 CIP 9097 Bluffs Park South Walkway - Grant Funding Transportation Dev Act 10,561 Mid-year Amendment 12/31/2023 100-0000-3600-00 SMMC Fire Prevention & Resiliency Grant Proceeds from Grants 326,000 Council Action 1/22/2024 100-0000-3602-00 Proposition A Local Return Funds Exchange 328,500 Budget Adjustment 5/28/2024 Total Amendments 1,363,687
Total Amendment Budget $ 83,142,172
Internal Service Funds
Reconciliation of adopted to amended budget
A5
Adopted Budget Amended
Budget (1)
Actual thru
03/31/2024 % Spent 2023-24 Estimated
General Fund
Management and Administration
7001 City Council 781,012 $ $ 1,134,112 $ 760,187 67.0% 961,559 $ 7002 Media Operations 785,244 900,744 457,502 50.8% 646,979 7003 City Manager 1,097,382 1,097,382 746,560 68.0% 1,017,500 7005 Legal Counsel 1,078,000 1,078,000 639,089 59.3% 1,070,000 7054 Finance 1,886,629 1,886,629 1,162,866 61.6% 1,462,948 7058 Human Resources 916,637 916,637 454,397 49.6% 672,954 7059 Non Departmental Services 4,187,976 4,187,976 2,246,809 53.6% 2,651,964 103-9050 City Hall 1,290,150 1,290,150 1,960,981 152.0% 1,030,606 9088 Vacant Land 302,675 302,675 852,012 281.5% 297,675 9050/9074/9088 Debt Service (City Hall / Trancas / Vacant Land) 3,184,151 3,184,151 407,475 12.8% 3,209,151 Total Administrative Services 15,509,856 15,978,456 9,687,878 60.6% 13,021,336 City Clerk
7007 City Clerk 605,946 605,946 429,984 71.0% 568,666
Total City Clerk 605,946 605,946 429,984 71.0% 568,666
Public Safety
7021 Public Safety Services 16,388,082 16,758,082 7,976,257 47.6% 13,265,126 Total Public Safety 16,388,082 16,758,082 7,976,257 47.6% 13,265,126 Community Services
4001 General Recreation 914,757 1,234,757 522,581 42.3% 848,088 4002 Aquatics 476,168 476,168 228,118 47.9% 323,684
4003 Outdoor Recreation 50,445 50,445 29,559 58.6% 108,445 4004 Day Camps 136,614 136,614 79,814 58.4% 116,645
4005 Skate Park 192,362 192,362 121,307 63.1% 148,775
4006 Sports 139,460 139,460 75,369 54.0% 96,918
4007 Community Programs 155,807 155,807 71,290 45.8% 114,757 4008 Senior Adult Programs 222,323 222,323 136,886 61.6% 204,247 4010 Park Maintenance 1,740,604 1,740,604 872,401 50.1% 1,385,606 4011 Special Events 220,150 220,150 127,422 57.9% 230,993 4012 Malibu Arts 264,482 264,482 114,413 43.3% 162,957
Total Community Services 4,513,172 4,833,172 2,379,160 49.2% 3,741,115 Environmental & Sustainability Development
2004 Environmental & Building Safety 5,658,908 5,658,908 2,466,119 43.6% 4,396,267 2010 Wastewater Management 596,103 596,103 363,325 61.0% 546,486 3003 Clean Water Program 1,474,830 1,474,830 671,096 45.5% 934,954 3004 Solid Waste Management 334,552 334,552 299,905 89.6% 334,552 Total Env. & Community Development 8,064,393 8,064,393 3,800,445 47.1% 6,212,259 Planning Deparment
2001 Planning 4,850,158 5,380,158 2,868,840 53.3% 4,372,835 2012 Code Enforcement 838,804 838,804 498,838 59.5% 714,588 Total Planning Department 5,688,962 6,218,962 3,367,678 54.2% 5,087,423 Public Works/Engineering
3001 Street Maintenance 1,653,808 2,183,808 1,711,545 78.4% 3,584,695 3005 Fleet Operations 335,000 427,000 50,791 0.0% 349,500 3007 City Facilities 126,300 126,300 66,793 52.9% 210,100 3008 Public Works 2,068,830 2,233,330 1,196,225 53.6% 1,812,386 Total Public Works 4,183,938 4,970,438 3,025,354 60.9% 5,956,681 Disaster Response
3002 Fire Rebuilds and Storm Response 1,915,800 1,915,800 672,125 35.1% 798,000 9200 Woolsey Fire & Storm Response CIP Projects 2,774,266 3,891,921 29,824 0.8% 782,953 Total Disaster Response 4,690,066 5,807,721 701,949 12.1% 1,580,953 General Fund CIP
9000 General Fund CIP 8,560,528 8,805,528 - 0.0% 667,193 9000 Case Crummer Reserved for CIP 327,472 347,480 - 0.0% 64,993 Total General Fund CIP 8,888,000 9,153,008 - 0.0% 732,186 Total General Fund 68,532,415 72,390,178 31,368,705 43.3% 50,165,745 (1) The amended budget column includes the original budget amount plus encumbrance carryovers and any additional appropriations.
EXPENDITURES BY FUND
March 31, 2024
A6
EXPENDITURES BY FUND
March 31, 2024
Adopted Budget Amended
Budget (1) YTD Actual % Spent 2023-24 Estimated
Special Revenue Funds
3001 Street Maintenance 760,000 760,000 - 0.0% -
3003 Clean Water Program 90,467 90,467 - 0.0% -
3004 Solid Waste Management 150,000 150,000 - 0.0% 116,406 3005 Fleet Operations - - - 0.0% -
3007 Stormwater Treatment Facilities 100,000 100,000 - 0.0% - 3008 Public Works 345,000 345,000 - 0.0% -
3009 Transportation Services 196,500 646,500 63,203 9.8% 610,500 4010 Park Maintenance - - - 0.0% -
6002 Big Rock Mesa LMD 370,519 370,519 195,180 52.7% 359,297 6003 Malibu Road LMD 77,442 77,442 46,055 59.5% 76,678
6004 Calle del Barco LMD 83,632 83,632 32,496 38.9% 83,039 9048 Carbon Beach Undergrounding CFD 235,173 235,173 219,683 93.4% 235,900 9052 Broad Beach Undergrounding AD 143,168 143,168 135,623 94.7% 143,168 9049 Civic Center Wastewater Treatment Plant AD 2,316,716 2,316,716 2,012,001 86.8% 2,317,578 7021 Public Safety - Brulte 165,000 186,159 158,674 85.2% 186,159 7070 Community Development Block Grant 9,900 9,900 4,950 50.0% 9,900 CCWTF Phase Two - - - 0.0% -
Total Special Revenue Funds 5,043,517 5,514,676 2,867,865 52.0% 4,138,625 Capital Project Funds
310 Capital Improvement Fund
9002 Annual Street Overlay 2,184,000 2,196,000 3,252 0.1% 636,252 9059 PCH Median Improvements 4,490,000 4,490,000 3,105 0.1% 1,553,688 9065 MCLE Office Trailer 91,200 91,200 65,332 71.6% 95,825 9066 PCH Signal Synchronization Imp. 7,100,000 7,100,000 1,779,898 25.1% 4,242,747 9075 Civic Center Way Treatment Facility Ph 2 - - 30,272 0.0% 55,272 9078 City Hall Solar Power 4,000,000 4,000,000 - 0.0% 200,000 9082 Westward Beach Road 320,000 350,000 69,617 19.9% 72,952 9090 Permanent Skate Park 1,066,000 1,156,108 16,283 1.4% 64,993 9097 Malibu Bluffs Park South Walkway 130,000 127,900 3,212 2.5% 82,500 9098 Trancas Cyn Park Play Resurfacing 95,000 230,000 - 0.0% 215,388 9100 PCH/Trancas Right Turn Lane 531,000 531,000 1,404 0.3% 111,413 9101 PCH Crosswalk Improvements 200,000 200,000 - 0.0% - 9102 PCH Median Imp at Paradise Cove/Zuma 100,000 100,000 - 0.0% 175,000 9103 Kanan Dume Biofilter 500,000 500,000 - 0.0% 50,000 9104 Stormdrain Trash Screens - Phase 2 - 9,101 9,101 0.0% 9,101 9105 City Traffic Signals Backup Power 50,000 50,000 - 0.0% 30,000 9106 Malibu Canyon Road Traffic Study 108,000 108,000 75,269 69.7% 99,735 9108 Harbor Vista Curb Return Modifications 100,000 100,000 - 0.0% - 9109 PCH at Las Flores & Rambla Pacifico 160,000 160,000 - 0.0% - 9110 Encinal Canyon 60" Storm Drain Repairs 1,000,000 1,000,000 - 0.0% 100,000 9111 Citywide Asphalt Concrete Berm Repairs 300,000 300,000 - 0.0% - 9112 Bluffs & Equestrian Park Roof Replacements 400,000 400,000 - 0.0% - 9113 Legacy Park Benches & Arbors 150,000 150,000 318 0.2% 17,000 9114 PCH Ped Undercrossing at Malibu Seafood - 250,000
CIP General Fund Expenses (funding offset) (8,560,528) (8,805,528) - 0.0% (777,737) CIP Case Crummer Reserve (funding offset) (327,472) (347,480) - 0.0% (64,993) Total Capital Project Funds 14,187,200 14,446,301 2,057,063 14.2% 6,969,136 A7
EXPENDITURES BY FUND
March 31, 2024
Adopted Budget Amended
Budget (1) YTD Actual % Spent 2023-24 Estimated
Legacy Park Project Fund
500 7004 Legacy Park Debt Service 1,092,001 1,092,001 149,364 13.7% 1,092,001 7008 Legacy Park Operations 991,837 991,837 498,022 50.2% 771,957 Total Legacy Park Project Fund 2, 2,083,838 083,838 647,386 31.1% 1,863,958 Civic Center Wastewater Treatment Facility Fund
515 3010 CCWTF Sewer Services 2,064,976 2,073,976 1,340,326 64.6% 2,069,475 Total CCWTF Fund 2, 2,073,976 064,976 1,340,326 64.6% 2,069,475 Internal Service Funds
3005 Vehicle 84,000 84,000 42,422 50.5% 84,000
7060 Information Technology 1,204,410 1,204,410 777,448 64.6% 1,059,711 Total Internal Service Funds 1, 1,288,410 288,410 819,870 63.6% 1,143,711 $ Total All Funds 93, $ 97,797,379 200,356 $ 39,101,215 $ 40.0% 66,350,650 $ (1) The amended budget column includes the original budget amount plus encumbrance carryovers and any additional appropriations.
A8
EXPENDITURES BY FUND
March 31, 2024
Reconciliation of adopted to amended budget
Total 2023-24 Adopted budget: $ 93,200,356
Account Description Project Amount Comment Date
101-2001-5100-00 Planning - Professional Services Contract Planners 287,000 Budget Carryover 7/1/2023 100-7021-5100-00 Public Safety - Equipment Beacon Boxes 34,000 Budget Carryover 7/1/2023 100-3001-5100-00 Public Works - Street Maintenance Maint Yard Site Plan 5,000 Budget Carryover 7/1/2023 100-3001-5120-00 Public Works - Street Maintenance Morning View Dr Maint 45,000 Budget Carryover 7/1/2023 100-3008-5100-00 Public Works - Professional Services Multiple Projects 69,000 Budget Carryover 7/1/2023 100-3008-5125-00 Public Works - Traffic Engineering Services Multiple Projects 40,500 Budget Carryover 7/1/2023 310-9002-7901-00 CIP 9002 - Annual Street Overlay Morning View Resurfacing 12,000 Budget Carryover 7/1/2023 310-9082-5100-00 CIP 9082 - Westward Beach Road Improvement General Fund CIP Designation 30,000 Budget Carryover 7/1/2023 310-9089/90-5100 CIP 9090 - Permanent Skate Park Case Crummer CIP Designation 20,008 Budget Carryover 7/1/2023 310-9090-5100-00 CIP 9090 - Permanent Skate Park General Fund CIP Designation 70,100 Budget Carryover 7/1/2023 310-9097-5100-00 CIP 9097 - Bluffs Park South Walkway Walkway repairs (5,000) Budget Carryover 7/1/2023 310-9097-5100-00 CIP 9097 - Bluffs Park South Walkway Walkway repairs 2,900 Budget Carryover 7/1/2023 601-3005-7700-00 Vehicle Fleet Operations - Vehicles New Fleet Vehicles 72,000 Budget Carryover 7/1/2023 102-9212-5100-00 CIP 9212 - Broad Beach Rd Water Quality Imp CIP 9212 - JPIA Reimb Budget Carryover 214,539 7/1/2023 100-7002-5100-00 Media Operations - Professional Services Video Broadcast Services Council Appropriation 115,500 10/23/2023 102-9209-5100-00 CIP 9209 - Trancas Cyn Prk Slope Repairs CIP 9209 - GF Reserve Council Appropriation 863,550 10/23/2023 102-9209-5100-00 CIP 9209 - Trancas Cyn Prk Slope Repairs CIP 9209 - JPIA Reimb Council Appropriation 214,539 10/23/2023 102-9212-5100-00 CIP 9212 - Broad Beach Rd Water Quality Imp CIP 9212 - JPIA Reimb Council Appropriation (214,539) 10/23/2023 100-7001-5930-02 City Council - Community Grants Malibu Education Foundation Council Appropriation 353,100 1/22/2024 101-2001-4101-00 Planning - Current/Advanced Planning Full-time Salaries (60,000) Budget Correction 12/31/2023 101-2001-4104-00 Planning - Current/Advanced Planning Overtime 60,000 Budget Correction 12/31/2023 100-7021-5115-00 Public Safety - LA County Sheriff's Services Trsfer budget to 5106/7800/5100 (156,000) Budget Correction 12/31/2023 100-7021-5106-00 Public Safety - Animal Control Services Long-term care of animals 94,000 Budget Correction 12/31/2023 100-7021-7800-00 Public Safety - Equipment LIDAR Guns 42,000 Budget Correction 12/31/2023 100-7021-5100-00 Public Safety - Professional Services COG Hazard Mitigation Plan 20,000 Budget Correction 12/31/2023 211-7021-5115-00 Special Revenue Fund - L.A. County Sheriff COPS (Brulte) Grant 21,159 Budget Correction 10/31/2023 102-9209-5100-00 CIP 9209 - Trancas Cyn Prk Slope Repairs CIP 9209 - JPIA Reimb 39,566 Budget Correction 10/23/2023 100-7021-5100-00 Public Safety - Professional Services SMMC Grant-Hazardous Trees Budget Amendment 326,000 1/22/2024 310-9104-5100-00 CIP 9104 - Stormdrain Trash Screens - Phase 2 CIP 9104 - Measure W 9,101 Budget Carryover 7/1/2023 100-3001-5123-00 Public Works - Street Maintenance Add'l Storm Response Mid-year Amendment 200,000 12/31/2023 100-3001-5127-00 Public Works - Street Maintenance Add'l Weed Abatement 50,000 Mid-year Amendment 12/31/2023 100-3001-6160-00 Public Works - Street Maintenance Replace Pt. Dume Timbers 20,000 Mid-year Amendment 12/31/2023 100-3001-7800-00 Public Works - Street Maintenance Replace citywide trash receptacles 210,000 Mid-year Amendment 12/31/2023 100-4001-4102-00 Community Services - Part-time Salaries Convert positions to PT Regular Mid-year Amendment 200,000 12/31/2023 100-4001-7800-00 Community Services - Equipment New Pool Office Trailer Mid-year Amendment 120,000 12/31/2023 100-7021-5401-00 Public Safety - Advertising & Noticing Notice CERT/Safety Events 10,000 Mid-year Amendment 12/31/2023 101-2001-5100-00 Planning - Professional Services Contract Planners Mid-year Amendment 213,000 12/31/2023 101-2001-5100-01 Planning - Coastal Development Permit Biological Peer Reviews 15,000 Mid-year Amendment 12/31/2023 101-2001-5401-00 Planning - Advertising & Noticing Noticing of Housing Element/ADU 15,000 Mid-year Amendment 12/31/2023 310-9098-5100-00 CIP 9098 - Trancas Park Playground Resurfacing Bids Exceeded Adopted Budget Mid-year Amendment 135,000 12/31/2023 310-9114-5100-00 CIP 9114 - PCH Pedestrian Undercrossing New CIP Designation Mid-year Amendment 250,000 12/31/2023 515-3010-5640-00 CCWTF - Equipment Maintenance Pump Replacement 9,000 Mid-year Amendment 12/31/2023 601-3005-7700-00 Public Works - Vehicle Fleet Operations New Fleet Vehicles 20,000 Mid-year Amendment 12/31/2023 100-3008-5100-00 Public Works - Engineering Tripepi Smith-Vac Land Outreach 55,000 Council Appropriation 2/12/2024 203-3009-5147-00 Proposition A Local Return Funds Exchange Budget Adjustment 450,000 5/28/2024 4,597,023
Total 2023-24 Current Amended Budget: $ 97,797,379
A9
ESTIMATED FUND BALANCES
March 31, 2024
Budget Revenues Expenditures Transfers In/Out Fund Balance Non-Current/ Budget Fund Balance Estimated Estimated Estimated Estimated Unavailable Fund Balance FUND July 1, 2023 6/30/2024 6/30/2024 2023-24 June 30, 2024 Revenue June 30,2024 General Fund - Undesignated 61,498,588 $ 58,354,765 $ 47,315,006 $ 835,915 $ 73,374,262 $ - $ $ 73,374,262 General Fund - Designated for Contingencies 6,500,000 - - - 6,500,000 - 6,500,000 General Fund - Designated for CIPs 8,805,528 - 667,193 - 8,138,335 - 8,138,335 General Fund - SCE Settlement Woolsey Fire 6,710,988 - - - 6,710,988 - 6,710,988 Designated for Deferred Maintenance 1,078,510 - 123,100 - 955,410 - 955,410 Designated for Case (Crummer) Parcel 347,479 - 64,993 - 282,486 - 282,486 Designated for Water Quality Settlement 51,142 - - - 51,142 - 51,142 Designated for Housing Element Program 194,140 - 65,000 - 129,140 - 129,140 Designated for City Facilities - La Paz 500,000 - - - 500,000 - 500,000 Designated for FEMA Disaster Projects & CIP 505,324 2,164,090 1,580,953 - 1,088,461 - 1,088,461 Designated for American Rescue Plan - - - - - - -
Total General Fund 86,191,699 60,518,855 49,816,245 835,915 97,730,224 - 97,730,224 201 Gas Tax Fund 2,384 322,074 - (175,000) 149,458 - 149,458 202 Traffic Safety Fund 207,405 239,233 - (200,000) 246,638 - 246,638 203 Proposition A Fund 930,857 467,121 610,500 - 787,478 - 787,478 204 Proposition C Fund 295,850 314,351 - (290,000) 320,201 - 320,201 205 Measure R Fund 224,683 236,192 - (220,000) 240,875 - 240,875 206 Air Quality Management Fund 152,038 37,941 - - 189,979 - 189,979 207 Solid Waste Management Fund 6,534 145,500 116,406 334,552 370,180 - 370,180 208 Parkland Development In-Lieu Fund 161,662 46,080 - - 207,742 - 207,742 209 Quimby Fund 3,960 625 - - 4,585 - 4,585
211 COPS Brulte Grant Fund - 186,159 186,159 - - - -
212 Measure M Fund 368,617 284,753 - (151,252) 502,118 - 502,118 213 RMRA (SB1) Fund 576,956 362,347 - (280,000) 659,303 - 659,303 214 Art in Public Places In-Lieu Fund 36,888 5,831 - - 42,719 - 42,719 215 Community Development Block Grant Fund - 66,000 9,900 (91,200) (35,100) - (35,100) 218 Measure W LA County Stormwater 537,292 474,924 - (249,568) 762,648 - 762,648 225 Grants Fund - 6,082,848 - (6,482,583) (399,735) 399,735 - 290 Big Rock LMD 111,500 373,262 359,297 - 125,465 - 125,465 291 Malibu Road LMD 54,917 70,781 76,678 - 49,020 - 49,020 292 Calle Del Barco LMD 90,719 101,539 83,039 - 109,219 - 109,219 712 Carbon Beach Undergrounding CFD 501,641 264,313 235,900 - 530,054 - 530,054 713 Broad Beach Assessment District 275,824 156,539 143,168 - 289,195 - 289,195 715 CCWTF AD Phase One 7,530,468 3,150,612 2,317,578 - 8,363,502 - 8,363,502 517 CCWTF Phase Two 358,738 341,136 - - 699,874 - 699,874 Total Special Revenue Funds 12,428,933 13,730,161 4,138,625 (7,805,051) 14,215,418 399,735 14,615,153 Capital Improvements Fund - - 6,969,136 6,969,136 - - - Total Capital Improvement Funds - - 6,969,136 6,969,136 - - - Legacy Park Project Fund 846,714 1,904,817 1,863,958 - 887,573 - 887,573 Total Legacy Fund 846,714 1,904,817 1,863,958 - 887,573 - 887,573 Civic Center Wastewater Treatment Facility 346,849 2,323,844 2,069,475 - 601,218 - 601,218 Total Civic Center Wastewater Treatment Fac. 346,849 2,323,844 2,069,475 - 601,218 - 601,218 Vehicle 267,104 149,240 433,500 - (17,156) - (17,156)
Information Technology 82,540 1,059,711 1,059,711 - 82,540 - 82,540 Total Internal Service Funds 349,644 1,208,951 1,493,211 - 65,384 - 65,384 Total All Funds $ 100,163,839 $ 79,686,628 $ 66,350,650 $ - $ 113,499,817 $ 399,735 $ 113,899,552 A10