City Council Public Hearing
June 20, 2023
Fiscal Year 2023-24
Final Budget
ATTACHMENT 3
Objectives
• Stabilize City Finances
• Economic Development & Vitality
• Expand Homelessness & Affordable
Housing Options
• Plan for Updating Infrastructure &
Facilities
• Expand Quality of Life Services
Council Priorities
• Financial State of City
• General Fund
• Enterprise
• Other Funds
• Staying on Budget
Balanced Budget
2 ATTACHMENT 3
Changes from Preliminary Budget
• Revenues
• Added Measure K, LTF,
and updated some
miscellaneous items
• Expense
• Fund 350 – Innovation
and Technology
Operating
• Overtime
• Added missing
Measure M amounts
• G/L distribution cleanup
• Updated allocations for
worker’s comp and
unfunded liability
Personnel
• New Projects
• Project numbers in
process
• ARPA Funds
• Direction received
from Council on
funds.
Capital
• Cost Allocation for risk
management/insurance,
support services, and
internal service funds
• Added missed transfers
to Fire Grants, CDBG,
Vehicle, and Golf
Other
3 ATTACHMENT 3
Budget Summary
4 ATTACHMENT 3
Budget : Overall City-Wide Total
Preliminary Final Difference
Revenues 215,254,278 223,723,406 8,469,128
Operational Revenues 213,354,278 221,658,406 8,304,128
Transfers 1,900,000 2,065,000 165,000
Expenditures (229,802,358) (234,419,266) (4,616,908)
Personnel (84,041,922) (84,461,265) (419,343)
Operations (89,770,738) (93,803,303) (4,032,565)
Capital (48,056,431) (48,056,431) -
Transfers (1,900,000) (2,065,000) (165,000)
Debt Service (6,033,267) (6,033,267) -
Net (14,548,080) (10,695,860) 3,852,220
5 ATTACHMENT 3
Budget : General Fund
FY 2023-24 Preliminary FY 2023-24 Final
Revenue 67,876,429 69,011,437
Revenue 67,876,429 69,011,437
Expenses (67,865,452) (68,967,946)
Personnel (43,068,523) (43,010,519)
Operations (22,896,929) (23,937,427)
Capital - -
Transfers (1,900,000) (2,020,000)
Net 10,977 43,491
Personnel
62%
Operations
35%
FY 2024
6 ATTACHMENT 3
Budget : General Fund
Preliminary Final Difference Explanation
Revenues 67,876,429 69,011,437 1,135,008
Operational Revenues 67,876,429 69,011,437 1,135,008 Additional Support Charges Expenditures (67,865,452) (68,967,946) (1,102,494)
Personnel (43,068,523) (43,010,519) 58,004 Change in G/L Allocations Operations (22,896,929) (23,937,427) (1,040,498) IT Fund Allocation and Golf Contribution Capital - - -
Transfers (1,900,000) (2,020,000) (120,000) For CDBG and SAFER Grants Net 10,977 43,491 32,514
7 ATTACHMENT 3
Budget : All Other Funds
FY 2023-24 Preliminary FY 2023-24 Final
Revenue 147,477,849 154,711,969
Revenue 145,477,849 152,646,969
Transfers 1,900,000 2,065,000
Expenses (161,936,906) (165,451,320)
Personnel (40,973,399) (41,450,746)
Operations (66,873,809) (69,865,876)
Capital (48,056,431) (48,056,431)
Transfers - (45,000)
Debt Service (6,033,267) (6,033,267)
Net (14,559,057) (10,739,351)
Personnel
35%
Operations
60%
FY 2024
8 ATTACHMENT 3
Budget : All Other Funds
Preliminary Final Difference Explanation
Revenues 147,477,849 154,711,969 7,234,120
Operational Revenues 145,477,849 152,646,969 7,169,120 Added Measure K and LTF Transfers 1,900,000 2,065,000 165,000 Vehicle, CDBG, and SAFER Expenditures (161,936,906) (165,451,320) (3,514,414)
Personnel (40,973,399) (41,450,746) (477,347) Change in G/L Allocations Operations (66,873,809) (69,865,876) (2,992,067) Support Charges Capital (48,056,431) (48,056,431) -
Transfers - (45,000) (45,000) Engineering for Vehicle
Debt Service (6,033,267) (6,033,267) -
Net (14,559,057) (10,739,351) 3,819,706
9 ATTACHMENT 3
Budget : Citywide Revenues & Expenses by Department
Department Revenues Expenses
City Attorney (2,157,238)
City Clerk (1,174,550)
City Manager 3,731,157 (25,165,870)
Development Services 5,715,000 (6,705,093)
Engineering 2,015,000 (5,831,848)
Finance (3,807,524)
Fire Department 3,033,300 (16,965,841)
Human Resources 8,776,226 (10,008,213)
Information Technology (5,237,379)
Police Department 105,587,446 (44,642,866)
Public Works 1,362,000 (27,351,570)
Recreation & Community Services 92,405,952 (82,914,691) Non Departmental 1,097,325 (2,456,583)
Total 223,723,406 (234,419,266)
10 Revenues
49%
Expenses
51%
ATTACHMENT 3
Thank you!
Mid-Year Budget Update in January
Questions?
ATTACHMENT 3