Agenda — Monte Sereno City Council, March 5, 2024

AMENDED AGENDA
City of Monte Sereno
Tuesday, March 5, 2024
City Council
7:00 PM
Monte Sereno City Council Chambers -
18041 Saratoga-Los Gatos Road,
Monte Sereno, CA 95030

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CALL TO ORDER

PLEDGE OF ALLEGIANCE

ROLL CALL

ORDERS OF THE DAY
The Mayor, or a majority of the Council by vote, may change the order of business, except for public hearings on the agenda for a set time.

ANNOUCEMENTS

PRESENTATIONS

1. Santa Clara County Fire Department Presentation
SCCFD Monte Sereno Update Report March 2024
5 - 9

ORAL COMMUNICATIONS
Persons wishing to address the Council on any matter of City business not listed on the agenda may do so at this time. Each speaker will normally be allotted three minutes, subject to the Mayor or a majority of the Council’s ability to limit the amount of time allocated to speakers based on the number of speakers and the need for expedient administration of City business in light of the number and length of items on the agenda.

WRITTEN COMMUNICATIONS
Copies of communications have been provided to Council for review prior to this meeting. Council Members desiring to read or discuss any written communication may do so at this time. No action may be taken except to place a particular item on a future agenda for Council consideration.

CONSENT CALENDAR
It is recommended that all items listed below be acted on simultaneously unless separate discussion and/or action is required by a Councilmember. One public comment period will be provided, although speakers speaking on more than one item may be allocated additional time by the Mayor or a majority of the Council.

2. Approve the Minutes of the February 20, 2024 Regular City Council Meeting
Staff recommends approval of the Minutes of the February 20, 2024 Regular City Council Meeting.

Staff Report -SR-22-148 - Pdf
10 - 16

3. Approve Warrant List Dated March 5, 2024 in the amount $289,128.50 Staff recommends the City Council approve the Warrant List Staff Report - SR-24-041 - Pdf
17 - 18

4. Accept the Treasurer's Report for the Period Ending December 31, 2023 Staff recommends the City Council accept the Treasurer's Report for the period ending December 31, 2023.

Staff Report - SR-24-044 - Pdf
19 - 38

5. Approval of Amendment to Employment Agreement of City Manager Steven Leonardis Increasing His Salary
39 - 41

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Staff recommends that Council approves the Amendment to Agreement Between the City Of Monte Sereno and Steven Leonardis For Employment As City Manager.

Staff Report - SR-24-046 - Pdf

PUBLIC HEARINGS

UNFINISHED BUSINESS

NEW BUSINESS

6. Accept the FY 2023-24 Mid-Year Budget Report
Staff recommends the Council accept the FY 2023-24 Mid-Year Budget Report.

Staff Report - SR-24-045 - Pdf
42 - 47

COMMITTEE/COMMISSION REPORTS
This time is set aside to allow Councilmembers serving on Council committees or appointed by the City to serve on the boards, commissions or committees of other agencies to present a verbal report on the activities of the respective boards, commissions or committees on which they serve. No discussion or action may be taken other than to place the matter on a future agenda.

Craig
Monte Sereno Youth Commission
Santa Clara County Library JPA
Ellahie
Cities Association – Board of Directors
Cities Association – Legislative Action Committee
Cities Association - Cities Selection Committee
Turner
West Valley Sanitation District

Wolsheimer
Silicon Valley Animal Control Authority
Santa Clara Valley Water District Commission
Association of Bay Area Governments
League of California Cities Peninsula Division
West Valley Mayors & Managers
Mayors of Santa Clara County
Mekechuk
Valley Transportation Authority Policy Advisory Committee West Valley Clean Water Authority
West Valley Solid Waste Management Authority
Silicon Valley Clean Energy Authority

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COUNCIL MEMBER COMMENTS
This time is set aside to allow Councilmembers to make brief announcements or reports on the Councilmember’s own activities. No discussion or action may be taken other than to place the matter on a future agenda.

CITY MANAGER’S REPORT

FUTURE AGENDA ITEMS
This time is set aside to allow Councilmembers to make a specific request for an item to be placed on a future agenda. No discussion or other action may be taken.

RECESS TO CLOSED SESSION

7. CONFERENCE WITH LEGAL COUNSEL- EXISTING LITIGATION
Government Code Section 54956.9
Case Name: Padgett v. Curtis Wright, et al.- United States District Court, Northern District of California- San Jose Division
Case No.: 5:04-cv-03946
Staff Present: City Attorney, City Manager

RECONVENE TO OPEN SESSION

CLOSED SESSION REPORT

ADJOURN
* All items on the agenda are subject to action/or change by the City Council In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Clerk (408) 354-7635. If requested of the City Clerk, agendas and documents in the agenda packet can be made available in appropriate alternative formats to persons with a disability.

Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting. [28CFR 35.102-35.104 ADA Title II]

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City of Monte Sereno Update
March 2024

MONTE SERENO
Fire Station
• Quito Station (78),
18870 Saratoga-Los Gatos Rd
Unique hazards
• Wildland interface
• Many narrow roads

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CAPITAL IMPROVEMENTS: FACILITIES
• Redwood Fire Station
• Dell Headquarters
1315 Dell Avenue
Campbell, CA 95008

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CAPITAL IMPROVEMENTS: APPARATUS
Recently Acquired
• Vasona Crew Carrier
• Breathing Support Unit 72
Coming Soon
• Engines
73 Saratoga
76 Los Altos
81 Campbell
• Water Tender 76
• Utility trucks (7 hybrid)

PROJECTS
• Santa Clara County 9-1-1
Communications Computer Aided
Dispatch System
• Technology Implementation
• ImageTrend RMS
• ArcGIS Field Maps
• Pre-Fire Management and Wildfire
Resilience

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VASONA FIRE FUELS CREW
Projects
• Completed Cypress Way, Hernandez
Ave, Withey Road, & Wood Road
• Finishing Pierce Road Corridor &
Phillips Lane
• Starting Highway 9 between Saratoga
and Los Gatos
• Proposed projects on Hicks Road and
Prospect Road

COMMUNITY EDUCATION
Revamped! Wildfire Preparedness Workshops
• April 30, 6-8pm (JCC Los Gatos)
NEW! Emergency Preparedness in the Workplace
• March 6, June 4, Sept. 5, Dec. 4, 11:30am (online)
Crime Prevention & Home Fire Safety
• May 14, 10am (Los Gatos Adult Center)
Personal Emergency Preparedness
• July 24, 6pm (Los Gatos Adult Center)
Community Emergency Response Team Academy
• Sept. 5, 6pm (JCC Los Gatos)
2024 Program Calendar
sccfd.eventbrite.com

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Thank You
Dennis Lollie
Deputy Fire Chief
Santa Clara County Fire Department
408.378.4010
[email protected]

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STAFF REPORT
Meeting: City Council - Mar 05 2024
Agenda Heading: CONSENT CALENDAR
Staff Contact: Gloisy Gonzalez-Langarica, City Clerk
Department: City Clerk
Title: Approve the Minutes of the February 20, 2024 Regular City Council Meeting
Recommendation(s):

Staff recommends approval of the Minutes of the February 20, 2024 Regular City Council Meeting.

Fiscal Impact:

There are no unbudgeted fiscal impacts with this agenda item.

Public Noticing:

The City Council’s agenda was posted at City Hall and the agenda and this report appear on the City’s website.

Attachments:
02-20-24 Regular Meeting Minutes DRAFT

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MONTE SERENO CITY COUNCIL MEETING MINUTES

REGULAR MEETING
7:00 p.m.

February 20, 2024

MEETING CALLED TO ORDER
At approximately 7:02 p.m., Mayor Wolsheimer called the meeting to order.

PLEDGE OF ALLEGIANCE
The City Council lead the Pledge of Allegiance.

ROLL CALL
Present – Chambers: Councilmember Mekechuk, Councilmember Ellahie, Vice Mayor Craig and Mayor Wolsheimer
Present – Remote: None

Absent: Councilmember Turner
Staff: City Clerk Gonzalez-Langarica, City Manager Leonardis, City Attorney Powell
Staff – Remote: Finance Officer Samoranos

ORDERS OF THE DAY
None.

ANNOUNCEMENTS
None.

PRESENTATIONS

1. Remembrance of Former Mayor, Doctor Jack Lucas
City Manager Leonardis introduced a short video honoring Former Mayor Lucas.

Mayor Wolsheimer invited the public to share a few words about Former Mayor Lucas.

Public Comment Received
▪ Former Mayor Curtis Wright
▪ Resident Melissa Torren
▪ Former Councilmember Dave Backster

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▪ Former Mayor Liz Lawler
▪ Former Mayor Lucas’s daughter Janet Donohue
Mayor Wolsheimer requested a brief recess after the presentation.

ORAL COMMUNICATIONS
None.

WRITTEN COMMUNICATIONS
None.

CONSENT CALENDAR (TO BE ACTED UPON BY A SINGLE MOTION)

2. Approve the Minutes of the February 6, 2024 Regular City Council Meeting

3. Approve Warrant List Dated February 20, 2024 in the amount $52,113.81

4. Accept the Treasurer's Report for the Period Ending October 31, 2023

5. 2023 Housing Element Annual Progress Report

6. Discussion and Consideration of a City of Monte Sereno Community Grants Deadline, Selection Dates, and Budget Amount
Mayor Wolsheimer requested that Item #6 be placed under New Business.

Councilmember Ellahie pulled Item #5.

Mayor Wolsheimer opened the Consent Calendar for Public Comment. With no one wishing to speak, Mayor Wolsheimer closed Public Comment.

MOTION: Motion by Vice Mayor Craig to approve Item #2 on the Consent Calendar.

Seconded by Councilmember Ellahie.

VOTE: Motion passed. (4-0-1 Absent: Turner)
MOTION: Motion by Vice Mayor Craig to approve Items #3 and #4 on the Consent Calendar. Seconded by Councilmember Ellahie.

VOTE: Motion passed. (2-0-1-1 Abstain: Mekechuk, Absent: Turner)

5. 2023 Housing Element Annual Progress Report
City Planner Perkins provided a staff report and answered questions from the Council.

Discussion ensued.

Mayor Wolsheimer opened the item for Public Comment. With no one wishing to speak, Mayor Wolsheimer closed Public Comment.

MOTION: Motion by Councilmember Mekechuk to approve Item #5 on the Consent Calendar. Seconded by Councilmember Ellahie.

VOTE: Motion passed. (4-0-1 Absent: Turner)

PUBLIC HEARINGS

7. Application 2024-3009 for a Use Permit for exterior alterations to an existing house on the City’s historical inventory at 16202 Serena Vista Court. (CEQA: Exempt, Guidelines sections 15301)

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City Planner Perkins provided a staff report and answered questions from the Council.

Discussion ensued.

Mayor Wolsheimer opened the Public Hearing.

Public Comment Received
▪ Architect Alexandra Saikley
With no one else wishing to speak, Mayor Wolsheimer closed the Public Hearing.

MOTION: Motion by Councilmember Mekechuk to approve Application 2024-3009 for a Use Permit for exterior alterations to an existing house on the City’s historical inventory at 16202 Serena Vista Court. Seconded by Councilmember Ellahie.

VOTE: Motion passed. (4-0-1 Absent: Turner)

8. Conduct a Public Hearing on the 2024 Weed Abatement Program and Adopt a Resolution Overruling Objections and Determining to Proceed with Weed Abatement City Clerk Gonzalez-Langarica provided a staff report.

Weed Abatement Inspector Chris was present to answer questions from the Council.

Discussion ensued.

Mayor Wolsheimer opened the Public Hearing. With no one wishing to speak, Mayor Wolsheimer closed the Public Hearing.

MOTION: Motion by Councilmember Mekechuk to Conduct a Public Hearing on the 2024 Weed Abatement Program and Adopt a Resolution Overruling Objections and Determining to Proceed with Weed Abatement. Seconded by Vice Mayor Craig.

VOTE: Motion passed. (4-0-1 Absent: Turner)

UNFINISHED BUSINESS
None.

NEW BUSINESS

6. Discussion and Consideration of a City of Monte Sereno Community Grants Deadline, Selection Dates, and Budget Amount
City Manager Leonardis provided a staff report and answered questions from the Council.

Discussion ensued.

Mayor Wolsheimer opened the item for Public Comment. With no one wishing to speak, Mayor Wolsheimer closed Public Comment.

MOTION: Motion by Vice Mayor Craig to approve the City of Monte Sereno Community Grants deadline, Selection Dates, and Budget Amount as recommended by staff. Seconded by Councilmember Mekechuk.

VOTE: Motion passed. (4-0-1 Absent: Turner)

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9. Discuss and Provide Direction to Staff Regarding Possible Modifications to the Tree Preservation Ordinance
City Planner Perkins provided a staff report and answered questions from the Council.

Discussion ensued.

Mayor Wolsheimer opened the item for Public Comment. With no one wishing to speak, Mayor Wolsheimer closed Public Comment.

Directions were provided to staff.

10. Discuss Hosting a City Picnic and Consider a Budget for the City Picnic City Manager Leonardis provided a staff report and answered questions from the Council.

Discussion ensued.

Mayor Wolsheimer opened the item for Public Comment. With no one wishing to speak, Mayor Wolsheimer closed Public Comment.

MOTION: Motion by Councilmember Ellahie to Approve hosting a City Picnic and allocating $20,000 for the event. Seconded by Vice Mayor Craig.

VOTE: Motion passed. (4-0-1 Absent; Turner)

COMMITTEE/COMMISSION REPORTS
Vice Mayor Craig stated nothing to report.

Councilmember Ellahie stated nothing to report.

Councilmember Mekechuk shared the Valley Transportation Authority Advisory Committee had a closed session that had to do with security on the VTA properties and it was a very interesting, closed session. Councilmember Mekechuk reported he met with the new General Manager and Executive Director of West Valley Solid Waste Management Authority and stated new communication will be coming soon. Councilmember Mekechuk reported Silicon Valley Clean Energy Authority has created several Ad Hoc Committees. He shared that he is serving on the Legislative Ad Hoc Committee and the Audit Ad Hoc Committee. He shared they have a new Director of Power Resource, Monica Padilla. He shared that she attended last year’s City Picnic.

Councilmember Mekechuk shared the Valley Transportation Authority Policy Advisory Committee had a closed session regarding security on VTA properties and it was an informative and interesting, closed session. Councilmember Mekechuk reported he met with the Executive Director of West Valley Solid Waste Management Authority and the new General Manager of West Valley Collection & Recycling, which is the hauler of waste in Monte Sereno. Communications are forthcoming regarding an increase in waste collection charges. Councilmember Mekechuk reported that he is on several committees of Silicon Valley Clean Energy Authority. He shared that he is serving on the Legislative Ad Hoc Committee, he is Vice Chair of the Executive Committee and Chair of the Audit Committee. He further explained that SVCE’s current COO and Director of Power Resources, Monica Padilla, will become the CEO on April 1, 2024 and there is a new Director of Power Resources. He shared that Ms. Padilla attended last year’s City Picnic.

Mayor Wolsheimer shared he attended the Mayors of Santa Clara County last Friday where 13 Mayors attended. The topics of discussion were the statuses of their Housing Element and artificial

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intelligence (AI). San Jose is using AI to monitor their streets to help identify cracks and potholes, it looks to be a promising program. Cities also use AI for speech and grant writing. Another topic was that the Ninth Circuit rejected Berkeley’s natural gas ban. Palo Alto announced they are reverting back to their natural gas ban for certain buildings. It is unclear if Monte Sereno is ok or needs to change our policy.

COUNCILMEMBER COMMENTS
Councilmember Ellahie stated he would like the City Manager to participate in future meetings held by the Cities Association for City Managers.

Councilmember Mekechuk inquired what the deadline for submitting goals for the goal setting meeting is. Councilmember Mekechuk wanted to also remind the Community that the Police Foundation Fundraiser is coming up on March 3rd. Lastly, Councilmember Mekechuk shared that the Stars and Strides early reduced cost admission fee is tonight at midnight.

City Manager Leonardis set Tuesday, March 5th as the deadline for submittals of goals for the Goal Setting meeting.

CITY MANAGER’S REPORT
City Manager Leonardis shared he met with the Santa Clara County Fire Department earlier this week and was given copies of their 75th yearbook that will be provided to each Councilmember. City Manager Leonardis also reported that at the last Youth Commission meeting, it was decided that the Youth Commission will be participating in a Community Cleanup Activity, “Keep Our City Pretty.” This will take place before Earth Day.

FUTURE AGENDA ITEMS
Vice Mayor Craig would like to give a report on a presentation he attended on Flock security cameras. He is also interested in possibly discussing a ban on artificial turf.

Councilmember Mekechuk shared San Jose Water Company has filed for a rate increase, and it is significant. He is interested in getting authorization from the City to speak on behalf of the City at the Public Participation Hearing.

RECESS TO CLOSED SESSION
The City Council adjourned to Closed Session at approximately 9:46 p.m.

11. PUBLIC EMPLOYEE PERFORMANCE EVALUATION
Government Code Section 54957
Title: City Manager
Staff Present: City Manager Leonardis, City Attorney Powell

RECONVENE TO OPEN SESSION
The City Council reconvened to Open Session at approximately 10:56 p.m. with Mayor Wolsheimer, Vice Mayor Craig, Councilmember Ellahie, and Councilmember Mekechuk present. (Absent:

Councilmember Turner)

CLOSED SESSION REPORT
Mayor Wolsheimer opened the item for Public Comment. With no one wishing to speak, Public

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Comment was closed.

Mayor Wolsheimer reported that a contract for the City Manager will be presented at the next City Council meeting for approval.

ADJOURN
Mayor Wolsheimer adjourned the meeting at approximately 10:57 p.m.

Evert Wolsheimer, Mayor
ATTEST:
____________________________________
Gloisy Gonzalez-Langarica, City Clerk

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STAFF REPORT
Meeting: City Council - Mar 05 2024
Agenda Heading: CONSENT CALENDAR
Staff Contact: Reynold Samoranos,
Department: Finance Manager
Title: Approve Warrant List Dated March 5, 2024 in the amount $289,128.50 Recommendation(s):

Staff recommends the City Council approve the Warrant List

Fiscal Impact:

There are no unbudgeted fiscal impact with this agenda item.

Public Noticing:

The City Council's agenda was posted at City Hall and this agenda and this report appear on the City's website.

Attachments:
2024 03 05 Warrants List

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CITY OF MONTE SERENO

March 5, 2024
CHECK
NO. TO FOR AMOUNT ACCOUNT
NO.
20730 Hector Flores Repair City Hall Fence & replace 7 (2x6) 4,900.00 01-860 20731 Apex Asphalt Paving Sidewalk replacement at Blanchard & Winchester 4,950.00 12-850 20732 Bay Alarm Deposit for Installation Alarm System 7,499.00 01-715 20733 BMI Imaging Systems Web Hosting February 2024 225.00 01-715 20734 Corodata Shredding Inc. 64 Gallon Bin Rental 84.71 01-522 20735 D&M Traffic Services 2 3/8 x 10' 6" Galv Round Post Sch 40 Heavy Duty 218.34 05-870 20736 Dicar Networks, Inc.

Fix Charlotte's Laptop troubles; RocketCyber Monitoring and BullPhish ID ($1.5k); Monthly Managed Service Total Care ($1.3k); and Microsoft Office 365 Business license ($1.1k) 4,134.00 01-811
01-535
20737 Foster & Foster, Inc. 6/30/22 OPEB Valuation and2022/23 GASBS 75 Disclosure Report 11,500.00 01-470
20738 Javed Ellahie
Attend Educational Session Cal Cities ($1.6k) and Mileage attending meetings 2/9/2023 to 2/8/2024 (Cities Association) ($246)
1,799.78 01-505
20739 Kier & Wright Civil
Engineers SS Urban Lot Split Review for 16101 Greenwood Rd 478.00 01-765 20740 M-Group Housing Element Update Assistance 2,086.25 01-535 20741 O'Grady Paving, Inc 2023 Annual Pavement Improvement 148,192.40 12-840 20742 Pacwest Company, LLC
Review and evaluate financial reporting system options.

Prepare preliminary internal controls review and
recommendations
8,000.00 01-480
20743 RICOH USA, INC. Office Copier Rental 480.23 01-715 20744 San Jose Water Water Services for City Hall ($165) and Annex Building ($331) 496.13 01- 7105
20745 STATE CONTROLLER
OFFICE Prepare and file Annual Street Report FY 2022-23 2,925.78 12-472 20746 Town of Los Gatos
Finance Department Police Services 89,270.00 03-545
20747 Delta Dental of California Dental Insurance Premiums 822.43 01-635 20748 Pacific Gas & Electric
Electricity services Ciy Hall ($564); Annex Bldg ($36); MS Streets and Highway ($216); Rose Andrews Ltg Dist ($52) and Loma Serena Ltg District ($198).
1,066.45
40-935
50-945
05-890
01-705
TOTAL WARRANT LIST $289,128.50

I, REYNOLD SAMORANOS, FINANCE OFFICER DO HEREBY CERTIFY THAT THE

PROCEEDING ACCOUNTS HAVE BEEN CHECKED AND FOUND CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF.
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STAFF REPORT
Meeting: City Council - Mar 05 2024
Agenda Heading: CONSENT CALENDAR
Staff Contact: Reynold Samoranos,
Department: Finance Manager
Title: Accept the Treasurer's Report for the Period Ending December 31, 2023 Recommendation(s):

Staff recommends the City Council accept the Treasurer's Report for the period ending December 31, 2023.

Background Information:

In compliance with Government Code, Section 41004 California Government Code section 41004 states: "Regularly, at least once each month, the City Treasurer shall submit to the city clerk a written report and accounting of all receipts, disbursements, and fund balances.

City staff has provided the new compliant monthly Treasurer's Report in four parts:

Compliant Treasurer's Report
• Part 1 - Receipts and Disbursement Report
• Part 2 - Significant Variances Actuals versus Budget Narrative • Part 3 - Demand Account Report
• Part 4 - Investment Fund and Wells Fargo Custodian Report

Fiscal Impact:

There are no unbudgeted fiscal impacts with this agenda item.

Public Noticing:

The City Council's agenda was posted at City Hall and the agenda and this report appear on the City's website.

Attachments:

Part 1 - Receipts and Disbursement Monthly Report 2023 12 31 (Final) Part 2 - SIGNIFICANT VARIANCES TO BUDGET NARRATIVE 2023 12 31 (Final)

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Part 3 - Demand Account Report 2023 12 31 (Final)
Part 4 - Investment Report 2023 12 31 (Final)

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THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4

REVENUES

PROPERTY TAX

LICENSE & PERMITS

FRANCHISE TAX

INTERGOVERNMENTAL

OTHER REVENUE

GAS TAX

INTEREST

REAL PROPERTY TAX

SALES TAX

FEDERAL RELIEF FUNDS AND OTHER
FINES

TOTAL REVENUE
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
2,844,000 452,927 903,648 (1,940,352) 31.8%
739,000 43,094 458,985 (280,015) 62.1%
342,400 48,232 173,539 (168,861) 50.7%
246,666 35,108 138,785 (107,881) 56.3%
177,500 7,111 164,428 (13,072) 92.6%
185,000 15,294 96,412 (88,588) 52.1%
100,500 18,899 107,806 7,306 107.3%
106,900 5,756 41,534 (65,366) 38.9%
9,000 690 3,764 (5,236) 41.8%
738,000 0 0 (738,000) 0.0%
2,100 1,067 3,659 1,559 174.2%
5,491,066 628,178 2,092,561 (3,398,505) 38.1%
Page: 1 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 21 of 47

THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4

PROPERTY TAX
01-202 Secured
01-204 Unsecured
01-210 Homeowners Exemption
01-214 SB 813 Supplemental
03-316 Law Enforcement Tax (See Notes
Below)
40-366 Secured
40-368 Unsecured
40-370 Homeowners Exemption
40-378 Homeowner Exempt/SB813
50-402 Assessment

TOTAL PROPERTY TAX
Notes to Law Enforcement Tax - $89,000
03-316
Police Special Tax Assessment per
Assessor's Report May 5, 2023 -
Total $89,000

SALES TAX
01-296 Sales and UseTax

TOTAL SALES TAX
01-298 Coronavirus Relief Fund (State)

TOTAL FEDERAL RELIEF FUNDS
Notes to (Federal & Other) $738k
01-298
California Automated Permit Processing
(CalAPP) Program Grant in the Amount
of $40,000.
01-298 Silicon Valley Clean Energy ($18k) -
Secured if usd for solar panel/battery
01-298 Prop 68 Per Capita Program ($180k) -
Secured if expended by 12/31/2023
01-298

SILICON VALLEY CLEAN ENERGY

DECARBONIZATION GRANT
PROGRAM AGREEMENT $500k used
by December 31, 2024
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
2,600,600 447,574 786,519 (1,814,081) 30.2%
95,000 0 95,409 409 100.4%
5,400 831 831 (4,569) 15.4%
52,000 3,951 19,753 (32,247) 38.0%
89,000 0 0 (89,000) 0.0%
2,000 566 989 (1,011) 49.5%
0 0 119 119 N/A
0 1 1 1 N/A
0 5 26 26 N/A
0 0 0 0 N/A
2,844,000 452,927 903,648 (1,940,352) 31.8%
9,000 690 3,764 (5,236) 41.8%
9,000 690 3,764 (5,236) 41.8%
738,000 0 0 (738,000) 0.0%
738,000 0 0 (738,000) 0.0%
Page: 2 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 22 of 47

THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4

GAS TAX
12-328 Gas Tax
12-333 Gas Tax (SB-1)

TOTAL GAS TAX

FRANCHISE TAX
01-262 Gas
01-263 Electricity
01-264 Water
01-265 Franchise - Street Sweep
01-266 Refuse
01-267 Recycle HHW & JPA fees
01-269 Franchise Fee - Vehicle Impact
01-268 Cable TV

TOTAL FRANCHISE TAX

REAL PROPERTY TAX
01-222 Real Prop Transfer Tax
01-225 SB 2 Real Estate Transactions
TOTAL REAL PROP. TAX

LICENSE AND PERMIT FEES
01-231 SB1186 Fees
01-232 Business License
01-234 ConstructionTax
01-235 SMIP
01-236 Construction Permits
01-237 Grading Permits
01-238 SB1473 (BSASRF)
01-240 Subdivision Fee
01-241 Site Development\Use\Variance\
01-242 Zoning Fees
01-243 Planning Miscellaneous
01-244 Encroachments
01-245 Community Planning Fee
. TOTAL LICENSE & PERMITS
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
105,000 8,948 53,542 (51,458) 51.0%
80,000 6,346 42,869 (37,131) 53.6%
185,000 15,294 96,412 (88,588) 52.1%
20,000 0 0 (20,000) 0.0%
40,600 0 0 (40,600) 0.0%
35,000 0 0 (35,000) 0.0%
1,667 3,333 3,333 N/A
149,500 38,864 84,602 (64,898) 56.6%
24,200 3,535 25,177 977 104.0%
4,167 20,833 20,833 N/A
73,100 0 39,594 (33,506) 54.2%
342,400 48,232 173,539 (168,861) 50.7%
106,900 5,756 41,534 (65,366) 38.9%
0 0 0 0 N/A
106,900 5,756 41,534 (65,366) 38.9%
1,200 16 420 (780) 35.0%
17,700 318 7,762 (9,938) 43.9%
25,000 612 12,867 (12,133) 51.5%
3,500 73 2,793 (707) 79.8%
550,000 29,778 341,143 (208,857) 62.0%
40,000 2,351 14,921 (25,079) 37.3%
1,200 22 623 (577) 51.9%
0 3,420 8,370 8,370 N/A
10,000 1,090 12,402 2,402 124.0%
0 0 0 0 N/A
0 0 1,910 1,910 N/A
30,400 3,680 20,675 (9,725) 68.0%
60,000 1,736 35,098 (24,902) 58.5%
739,000 43,094 458,985 (280,015) 62.1%
Page: 3 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 23 of 47

THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4
FINES
01-293 Alarm Soundings
05-322 Traffic Safety (Bails & Fines)

TOTAL FINES

INVESTMENT INCOME
01-282 Interest - General (See Notes Below)
12-332 Gas Tax Interest
. TOTAL INTEREST
.

Notes to Interest - General - $118090
Total
Interest Oct -Dec 2022 Quarter Run Rate

INTERGOVERNMENTAL
01-287 AB939 (recycle incentive)
01-288 Abandoned Vehicle Abatement
01-300 Motor vehicle (state)
01-305 Miscellaneous
03-318 COPS grant revenue
05-323 Miscellaneous (Measure B &VRF)
See Notes Below

TOTAL INTERGOVERNMENTAL
Notes to Miscellaneous (05-323) - $122,066
05-323
Ped Education and Encouragement
Allocation $10,000 ( FY 2024) and
$10,000 FY2025)
05-323
Measure B Santa Clara Valley
Transporation Authority (Per City
Engineer) $87,066 ($36700 and
$50366)
05-323 TDA (Per City Engineer) $25,000
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
1,000 0 600 (400) 60.0%
1,100 1,067 3,059 1,959 278.1%
2,100 1,067 3,659 1,559 174.2%
97,500 18,321 104,508 7,008 107.2%
3,000 578 3,299 299 110.0%
100,500 18,899 107,806 7,306 107.3%
1,100 0 313 (787) 28.5%
2,500 698 1,037 (1,463) 41.5%
21,000 0 0 (21,000) 0.0%
0 0 200 200 N/A
100,000 8,333 111,159 11,159 111.2%
122,066 26,076 26,076 (95,990) 21.4%
246,666 35,108 138,785 (107,881) 56.3%
Page: 4 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 24 of 47

THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4
. OTHER REVENUE
01-246 Road Impact fees
01-290 BCJPIA/State fund Ins. rebate
01-291 Microfilm Fee
01-292 Miscellaneous (See Notes Below)
01-294 Reimb. Publication
01-295 Election Candidate Fees
01-297 Community Center Capital Campaign
25-352 Storm drain dev fees
25-354 Storm Drain maintenance/Administration
General Fund Transfer for CIP
Beginning Equity Balance

TOTAL OTHER REVENUE

TOTAL REVENUE
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
150,000 2,736 76,821 (73,179) 51.2%
0 0 0 0 N/A
7,500 375 5,270 (2,230) 70.3%
0 0 65,082 65,082 N/A
0 0 0 0 N/A
0 0 0 0 N/A
4,000 5,000 5,000 N/A
10,000 0 12,256 2,256 122.6%
10,000 0 0 (10,000) 0.0%
0 0 0 0 N/A
0 0 0 0 N/A
177,500 7,111 164,428 (13,072) 92.6%
5,491,066 628,178 2,092,561 (3,398,505) 38.1%
Page: 5 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 25 of 47

THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4

EXPENDITURES

PERSONNEL

LAW ENFORCEMENT

CONSTRUCTION

GENERAL GOVERNMENT

MAINTENANCE

ADMINISTRATION

CITY ATTORNEY

BUILDING MAINTENANCE

EQUIPMENT AND IMPROVEMENT

BUILDING AND IMPROVEMENT

CITY AUDIT

ENGINEERING

SPECIAL DISTRICTS

TOTAL EXPENDITURES

NET SURPLUS / (DEFICIT)
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
1,710,758 154,821 860,345 (850,413) 50.3%
1,192,665 89,270 575,683 (616,982) 48.3%
60,000 0 2,450 (57,550) 4.1%
413,289 28,348 250,280 (163,009) 60.6%
564,900 235,812 265,152 (299,748) 46.9%
505,762 29,478 226,927 (278,835) 44.9%
125,000 19,807 60,070 (64,930) 48.1%
34,000 8,312 24,032 (9,968) 70.7%
109,052 846 77,293 (31,759) 70.9%
1,257,401 15,650 47,583 (1,209,818) 3.8%
58,150 595 4,776 (53,374) 8.2%
12,000 0 11,940 (60) 99.5%
2,700 234 1,394 (1,306) 51.6%
6,045,677 583,172 2,407,924 (3,637,752) 39.8%
(554,611) 45,006 (315,363) 239,247 56.9%
Page: 6 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 26 of 47

THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4

EXPENDITURES

GENERAL GOVERNMENT
01-505 Council Trvl, Mtgs,Protocol
01-506 Youth Commission Programs
01-507 Community Interface
01-515 Council Memberships
01-520 Elections
01-521 Municipal Code Revision
01-522 Environmental Services
01-523 GIS Mapping
01-531 Disbursement SMIP
01-532 SB1473 (BSASRF)
01-533 Disbruse SB1186 Fees
01-535 Professional Services
01-540 Insurance & Bonding
01-545 Code Enforcement
01-550 Community Based Organizations
01-555 Emergency Services
01-560 Annexation
01-565 Legal Ads/Notices/Recording fees
01-570 General Plan Revise
01-575 Misc/Refunds
01-576 Sales Tax
01-585 Animal Control

TOTAL GENERAL GOVERNMENT
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
16,250 74 4,229 (12,021) 26.0%
3,000 0 0 (3,000) 0.0%
15,000 0 14,669 (331) 97.8%
2,000 0 0 (2,000) 0.0%
0 0 0 0 N/A
0 0 0 0 N/A
0 24,112 38,280 38,280 N/A
15,000 0 0 (15,000) 0.0%
3,500 0 2,750 (750) 78.6%
1,200 0 802 (398) 66.8%
0 0 0 0 N/A
134,529 3,795 31,268 (103,261) 23.2%
100,200 0 115,155 14,955 114.9%
0 0 0 0 N/A
20,000 0 30,000 10,000 150.0%
12,500 0 0 (12,500) 0.0%
0 0 0 0 N/A
6,000 367 4,838 (1,162) 80.6%
50,000 0 0 (50,000) 0.0%
0 0 0 N/A
0 0 0 N/A
34,110 0 8,288 (25,823) 24.3%
413,289 28,348 250,280 (163,009) 60.6%
Page: 7 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 27 of 47

THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4

PERSONNEL
01-605 Regular Full Time
01-615 Part Time
01-620 Long Term Disablity Ins
01-625 Retirement Employer
01-627 Retirement Employee
01-630 Health Insurance
01-635 Dental Insurance
01-636 Vision Care
01-642 Workers Comp. Insurance
01-645 Social Security
01-647 Medicare
01-650 Unemployment
01-660 Deferred Compensation
01-665 Benefits Allowance

TOTAL PERSONNEL

ADMINISTRATION
01-705 Office Utilities
01-710 Office Supplies
01-711 Postage
01-715 Office Equip Maintenance
01-718 Bank Fee Finance Charge
01-720 Communications
01-725 Reproduction/Printing
01-740 Mtgs/Trvl/Mileage reimb.
01-745 Publications/Memberships
01-755 Professional Services
01-765 Contract Services
01-770 Training
01-775 Miscellaneous
01-885 Horticultural/Arborist Services
01-999 City Mangers Revolving Account

TOTAL ADMINISTRATION
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
1,153,560 108,253 639,986 (513,574) 55.5%
79,401 0 0 (79,401) 0.0%
0 0 0 N/A
102,752 21,643 59,324 (43,428) 57.7%
13,563 1,087 6,393 (7,170) 47.1%
185,488 15,681 93,203 (92,285) 50.2%
14,803 822 4,817 (9,986) 32.5%
4,024 0 1,341 (2,683) 33.3%
13,543 637 4,198 (9,345) 31.0%
69,413 3,922 35,987 (33,427) 51.8%
18,373 1,593 9,419 (8,955) 51.3%
744 0 101 (643) 13.6%
0 1,185 5,575 5,575 N/A
55,092 0 0 (55,092) 0.0%
1,710,758 154,821 860,345 (850,413) 50.3%
11,200 956 9,496 (1,704) 84.8%
22,900 1,256 14,193 (8,707) 62.0%
0 29 4,553 4,553 N/A
10,000 1,956 5,002 (4,998) 50.0%
0 106 106 106 N/A
26,200 8,702 13,561 (12,639) 51.8%
11,300 1,615 7,150 (4,150) 63.3%
18,500 2,379 13,868 (4,632) 75.0%
26,000 40 14,869 (11,131) 57.2%
0 0 0 0 N/A
366,662 12,440 142,919 (223,743) 39.0%
10,500 0 1,209 (9,291) 11.5%
0 0 0 0 N/A
0 0 0 0 N/A
2,500 0 0 (2,500) 0.0%
505,762 29,478 226,927 (278,835) 44.9%
Page: 8 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 28 of 47

THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4

EQUIPMENT/IMPROVEMENTS
01-805 Office
01-810 Field
01-811 Computer, Hard/Software

TOTAL EQUIPMENT / IMPROVEMENTS

BUILDING/IMPROVEMENTS
01-814 Building Acquisition
01-815 Building Improvements
01-816 Building Improvement City Hall

TOTAL EQUIPMENT / IMPROVEMENTS
Notes to Building Improvement (01-815) $1,200,000
01-815 Annex Building Project $1,200,000
(Budget)
01-815 Green Stormwater Infrastructure
Project $125,000 (Budget)

LAW ENFORCEMENT
03-545 Police Services
01-546 Booking & CAL-ID
03-548 Disburse COPS grant funds

TOTAL LAW ENFORCEMENT

BUILDING MAINTENANCE
01-860 Building & Ground Maint
01-920 Building & Ground Const

TOTAL BUILDING MAINTENANCE
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
0 0 0 0 N/A
45,000 389 43,306 (1,694) 96.2%
64,052 456 33,987 (30,065) 53.1%
109,052 846 77,293 (31,759) 70.9%
0 0 0 0 N/A
1,257,401 15,650 27,234 (1,230,167) 2.2%
0 20,349 20,349 N/A
1,257,401 15,650 47,583 (1,209,818) 3.8%
1,092,665 89,270 431,191 (661,474) 39.5%
0 0 0 0 N/A
100,000 0 144,492 44,492 144.5%
1,192,665 89,270 575,683 (616,982) 48.3%
34,000 8,312 24,032 (9,968) 70.7%
0 0 0 0 N/A
34,000 8,312 24,032 (9,968) 70.7%
Page: 9 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 29 of 47

THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4

MAINTENANCE
01-845 Pavement Management Program
12-840 Pavement Impr Project - Constitution
12-841 PIP - Greenwood Road
12-845 Pavement Management Program
12-850 Street Maintenance
12-865 Street Sweeping
05-845 Street Maintenance
05-850 Storm Drain Maintenance
05-870 Traffic Safety (signs & markings)
05-880 Traffic Safety (emergency calls&repairs)
05-890 Traffic Safety ( street lighting)
25-850 Storm Drain Maintenance

TOTAL MAINTENANCE

CONSTRUCTION
01-905 Gen Fund Road Proj.(FY2018/19)
01-915 Neighborhood St. Improve Project
05-87x Daves Ave Winchester Equestrian
05-905 Traffic Safety Project
05-925 Traffic Safety Misc Bike/Ped Improv
12-915 Gas Tax Road Project
25-910 Storm Drain Project

TOTAL CONSTRUCTION

ENGINEERING
Mapping and Records System
12-875 Congestion Management
25-805 WV Clean Water Administration

TOTAL ENGINEERING

SPECIAL DISTRICTS
40-935 Loma Serena Lighting
50-945 Rose/Andrews Lighting

TOTAL SPECIAL DISTRICTS
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
0 224,638 229,098 229,098 N/A
200,000 4,034 4,034 (195,966) 2.0%
131,700 0 0 (131,700) 0.0%
35,000 1,000 1,000 (34,000) 2.9%
40,000 5,940 5,940 (34,060) 14.9%
20,000 0 0 (20,000) 0.0%
0 0 0 N/A
60,000 0 1,100 (58,900) 1.8%
45,000 0 22,792 (22,208) 50.6%
0 0 0 0 N/A
3,200 200 1,188 (2,012) 37.1%
30,000 0 0 (30,000) 0.0%
564,900 235,812 265,152 (299,748) 46.9%
0 0 1,495 1,495 N/A
0 0 0 0 N/A
60,000 0 0 (60,000) 0.0%
0 0 0 0 N/A
0 0 955 955 N/A
0 0 0 0 N/A
0 0 0 0 N/A
60,000 0 2,450 (57,550) 4.1%
0 0 0 0 N/A
0 0 0 0 N/A
12,000 0 11,940 (60) 99.5%
12,000 0 11,940 (60) 99.5%
2,100 186 1,104 (996) 52.6%
600 49 290 (310) 48.4%
2,700 234 1,394 (1,306) 51.6%
Page: 10 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 30 of 47

THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4

CITY ATTORNEY
01-425 Retainer
01-427 Litigation
01-430 City Attorney litigation
01-435 Mtg, Trv, Prot.

TOTAL CITY ATTORNEY

CITY AUDIT
01-470 Audit
12-472 Gas Tax Audit
01-480 Misc/Bank charges

TOTAL CITY AUDIT

TOTAL EXPENDITURES

NET SURPLUS / (DEFICIT)
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
90,000 15,000 42,500 (47,500) 47.2%
35,000 4,807 17,570 (17,430) 50.2%
0 0 0 0 N/A
0 0 0 0 N/A
125,000 19,807 60,070 (64,930) 48.1%
51,150 0 510 (50,640) 1.0%
3,000 0 0 (3,000) 0.0%
4,000 595 4,266 266 106.6%
58,150 595 4,776 (53,374) 8.2%
6,045,677 583,172 2,407,924 (3,637,752) 39.8%
583,171.97
(554,611) 45,006 (315,363) 239,247 56.9%
Page: 11 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 31 of 47

THE CITY OF MONTE SERENO

RECEIPTS AND DISBURSEMENT REPORT

FOR THE MONTH OF
December 2023

50.0% OF FY 2023-24
Adopted Budget
Treasurer's Report
Part 1 of 4

TOTAL FUND RESERVES

WARRANT CHECKING ACCOUNT
01-010 TOTAL WARRANT CHECKING

SAVINGS ACCOUNT
01-015 General
Economic Fluctuation Reserve
Capital Improvement Program Reserve
Property Improvement Reserve
Other Post Emplpoyment Benefits (OPEB)
03-015 Law Enforcement
05-015 Traffic Safety
07-015 Community Center Capital Campaign
12-015 Gas Tax (2107)
25-015 Storm Drain
30-015 Surety Trust
40-015 Loma Serena Ltg.
50-015 Rose/Andrews Ltg

TOTAL SAVINGS

TOTAL DEMAND ACCOUNTS

LAIF GENERAL FUND ACCOUNT
Undesignated Reserve
Economic Fluctuation Reserve
Capital Improvement Program Reserve
Property Improvement Reserve
Other Post Emplpoyment Benefits (OPEB)
01-025 Subtotal Unrestricted Reserve
05-025 Trafffic Safety
12-025 2107 GAS TAX
25-025 Storm Drain
30-025 Surety Trust
40-024 Loma Serena Lighting District
Subtotal Restricted Reserve

TOTAL GENERAL FUND RESERVE
Wells Fargo Advisors Account
01-035 Undesignated Reserves
Economic Fluctuation Reserve
Capital Improvement Program Reserve
Property Improvement Reserve
Other Post Emplpoyment Benefits (OPEB)
12-035 Gas Tax Account
Wells Fargo Advisors Account

TOTAL ALL FUNDS
FY 2023-24
Adopted Budget

CURRENT MONTH
December 2023
FY 2023-24 YTD
ACTUAL
FY 2023-24 YTD
vs. FY 2023-24 Full
Year Adopted
Budget -
Higher/(Lower)
% OF YTD
ACTUAL VS.

Full Year
Adopted
Budget
117,450 20,676 465,047 347,597 396.0%
78,882 (49,911) (402,847) (481,728) -510.7%
0 N/A
0 N/A
0 N/A
0 N/A
0 8,333 502,764 502,764 N/A
0 27,143 61,632 61,632 N/A
4,000 5,000 5,000 N/A
64,274 15,294 498,189 433,915 775.1%
45,924 0 69,524 23,600 151.4%
73 0 73 (0) 99.7%
2,705 572 6,636 3,931 245.3%
0 0 39 39 N/A
191,858 5,431 741,010 549,152 386.2%
309,308 26,107 1,206,057 896,749 389.9%
647,671 0 97,509 (550,162) 15.1%
3,500,000 0 0 (3,500,000) 0.0%
500,000 0 0 (500,000) 0.0%
200,000 0 0 (200,000) 0.0%
0 0 0 0 N/A
4,847,671 0 97,509 (4,750,162) 2.0%
0 0 N/A
131,506 0 1,085 (130,421) 0.8%
21,000 0 21,000 0 100.0%
27,043 0 27,043 (0) 100.0%
6,751 0 6751 0 100.0%
186,300 0 55,879 (130,421) 30.0%
5,033,970 0 153,388 (4,880,583) 3.0%
18,321 266,823 266,823 N/A
0 3,500,000 3,500,000 N/A
0 500,000 500,000 N/A
0 200,000 200,000 N/A
0 0 0 N/A
578 140,983 140,983 N/A
0 18,899 4,607,806 4,607,806 0
5,343,278 45,006 5,967,251 623,972 111.7%
Page: 12 of 12 File: Part 1 - RECEIPTS AND DISBURSEMENT MONTHLY REPORT 2023 12 31 (Final) Page 32 of 47 1 | P a g e
Significant Revenue and Expenditures Narrative Treasurer’s Report – Part 2 of 4 December 2023

50.0% of FY 2023-24 Adopted Budget
Revenues
SIGNIFICANT FULL-YEAR VARIANCES TO FY 2023-24 ADOPTED BUDGET NARRATIVE • Revenues $2.1 Million (31.8% of FY 2023-24 Adopted Budget FULL YEAR) - Property Tax $903.6 Thousand, 31.8% of FY 2023-24 Adopted Budget FULL YEAR: In December 2023, received ($447.6k) for Property Tax Apport 12/10/23 Secured 3rd Advance December 14, 2023. - Licenses and Permits $459.0 Thousand, 62.1% of FY 2023-24 Adopted Budget FULL YEAR: In December, received Permit fees from major building permits on Oak Dr. ($13.3k), Arlee Dr ($6.6k) and Serena Vista Ct ($6.0k);
- Franchise Fees $173.5 Thousand, 50.7% of FY 2023-24 Adopted Budget FULL YEAR: Received Franchise fees from Waste Connection for franchise tax ($48.2k)
- Intergovernmental $138.8 Thousand, 56.3% of FY 2023-24 Adopted Budget FULL YEAR: Received FY 2022- 24 COPS ELEAS Growth pass-thru grant ($8.3k); Santa Clara Valley Transportation Authority for VRF Local Road Improvement Project ($26.1k) and Bails and Fines ($1.1k) - Other Revenues $164.4 Thousand, 92.6% of FY 2023-24 Adopted Budget FULL YEAR: In December, received total Road Impact fees ($8.7k)
- Gas Tax $96.4 Thousand, 52.1% of FY 2023-24 Adopted Budget FULL YEAR: Received Gas Tax Revenue ($8.9k) and SB-1 Revenue ($6.1k).
-
- Real Property Tax $42 Thousand, 38.9% of FY 2023-24 Adopted Budget FULL YEAR: In December, received $5.8k real estate transfer tax.
- Sales and Use Tax $4 Thousand, 41.8% of FY 2023-24 Adopted Budget FULL YEAR: Received sales tax for December 2023 ($690).
- Federal Relief Funds and Other $0, 0% of FY 2023-24 Adopted Budget Full Year: None. - Investment Income/Interest $108 Thousand, 107.3% of FY 2023-24 Adopted Budget FULL YEAR: In December 2023, earned $19k in T-Bill interest.

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Significant Revenue and Expenditures Narrative Treasurer’s Report – Part 2 of 4 December 2023

50.0% of FY 2023-24 Adopted Budget
Expenditures
SIGNIFICANT FULL-YEAR VARIANCES TO FY 2023-24 ADOPTED BUDGET NARRATIVE • Expenditures $2.4 Million, 39.8% of FY 2023-24 Adopted Budget FULL YEAR - Personnel $860 Thousand, 50.3% of FY 2023-24 Adopted Budget FULL YEAR: Even with the Adopted Budget.
- Law Enforcement $576 Thousand, 48.3% of FY 2023-24 Adopted Budget FULL YEAR: Paid $89.3 for Police Services.
- Construction $2 Thousand, 4.1% of FY 2023-24 Adopted Budget FULL YEAR: None. - General Government $250 Thousand, 60.6% of FY 2023-24 Adopted Budget FULL YEAR: In December, paid West Valley Solid Waste Management Authority 2nd Quarter FY 2024 charge ($7.0k) - Maintenance $265 Thousand, 46.9% of FY 2023-24 Adopted Budget FULL YEAR: In December, paid FY2022 HHW Augmentation ($10.9k); FY2022 HHW Augmentation ($7.7k); and MS's Augmentation payment for HHW - FY 2020 ($5.5k).
- Administration $227 Thousand, 44.9% of FY 2023-24 Adopted Budget FULL YEAR: In December, Alana Consulting for Plan Check services, Hourly Building Official Services and e-Permit Development ($11.8k). - City Attorney $61 Thousand, 48.1% of FY 2023-24 Adopted Budget FULL YEAR: City Attorney services two months ($15k); Padgett v. Curtis Wright (collection action) ($1k), and Calhoun case ($1k). - City Audit $5 Thousand, 8.2% of FY 2023-24 Adopted Budget FULL YEAR: None. - Equipment / Improvements $77 Thousand, 70.9% of FY 2023-24 Adopted Budget FULL YEAR: YTD amount includes the purchase of the City Truck 2023 GMC Canyon with accessories ($42.9k). - Building and Improvement $48 Thousand, 3.8% of FY 2023-24 Adopted Budget FULL YEAR: In December, used 4X Engineering for the Community Center project ($11.4k) and Silicon Valley Soil Engineers for Field Percolation Testing for Community Center Project ($4.2k).
- Building Maintenance $24 Thousand, 70.7% of FY 2023-24 Adopted Budget FULL YEAR: In December, Removed dead tree Hwy 9; Trimmed tree behind City Hall; removed Pine on Daves near Cebellano; cleared bushes near Parkside and Winchester; cleared dirt on sidewalk Hwy 9 ($6.6k).

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DEMAND ACCOUNT REPORT For the period ending
December 31, 2023
Treasurer's Report - Part 3 of 4
December 31, 2023 November 30, 2023 Changes Higher /
(Lower) Comment
BEGINNING BALANCE $1,179,949.82 $26,106.80 $1,153,843.02 Receipts and Interest Earned
Receipts for the period $609,278.77 $543,104.61 $66,174.16 In December 2023, received ($447.6k) for Property Tax Apport 12/10/23 Secured 3rd Advance December 14, 2023; ($48.2k) from Waste Connection for franchise tax; ($26.1k) from Santa Clara Valley Transportation Authority for VRF Local Road Improvement projects; major building permits on Oak Dr. ($13.3k), Arlee Dr ($6.6k) and Serena Vista Ct ($6.0k); Gas Tax Revenue ($8.9k); COPS ELEAS pass-thru Grant ($8.3k); SB-1 revenue ($6.3k).

Investment receipts during the period $0.00
Interest earned $0.00 4
Total Receipts and Interest Earned $609,278.77 $543,104.61 $66,174.16 Less: Disbursements
Cash disbursements during the period $524,182.41 $320,686.28 $203,496.13 Paid in December 2023, O'Grady Paving Inc for Pavement Improvement Project ($220.3k); Police Services ($89.3k); Staff salaries net pay ($75.3k); Logan & Powell for Legal Services ($18.7k); Alana Consulting for Building Official services and Plan checks ($11.8k); 4x Engineering for the Community Center Project ($11.4k); Silicon Valley Animal Control Quarterly payment ($8.3k) and MS's Augmentation payment for HHW - FY 2021 ($7.7k).

Invested during the period $0.00
GASB 68 Report & SSA fee $0.00
EFT(PERS retirement) $11,443.31 $9,806.28 $1,637.03 Funding 457 Plan before calendar year-end December 31, 2023 EFT (payroll taxes) $23,357.55 $26,391.81 ($3,034.26) Lower taxable base due to extra withholdings for retirement plan.

EFT (PERS health) $17,949.75 $17,949.75 $0.00
EFT (EDD payroll taxes) $6,238.95 $6,392.60 ($153.65)
Bank fees $0.00
Total Disbursements $583,171.97 $381,226.72 $201,945.25 ENDING BALANCE $1,206,056.62 $187,984.69 $1,018,071.93

BALANCE IN DEMAND ACCOUNTS
Checking $465,047.05 $444,371.52 $20,675.53
Savings $741,009.57 $735,578.30 $5,431.27
TOTAL DEMAND ACCOUNTS $1,206,056.62 $1,179,949.82 $26,106.80

FUND DISTRIBUTION IN DEMAND ACCOUNTS
General $62,200.47 $91,435.94 ($29,235.47)
Law Enforcement $502,763.88 $494,430.55 $8,333.33 Received FY 2023-24 COPS ELEAS Growth pass-thru grant ($8.3k) Traffic Safety $61,631.84 $34,488.85 $27,142.99 Santa Clara Valley Transportation Authority for VRF Local Road Improvement Project ($26.1k) and Bails and Fines ($1.1k)
Community Center Capital Campaign $5,000.00 $1,000.00 $4,000.00 Received second contribution towards the Monte Sereno Community Center Gas Tax (2107) $498,189.35 $482,895.21 $15,294.14 Gas Tax Revenue ($8.9k) and SB-1 Revenue ($6.1k).

Storm Drain $69,523.86 $69,523.86 $0.00
Surety Trust $72.75 $72.75 $0.00
Loma Serena Ltg $6,635.53 $6,063.72 $571.81 Property Tax Apport 12/10/23 Secured 3rd Advance December 14, 2023 Rose/Andrews Ltg. $38.94 $38.94 $0.00
Total $1,206,056.62 $1,179,949.82 $26,106.80

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City of Monte Sereno
Investment Accounts
Local Agency Investment Fund Wells Fargo Accounts Custodian For the period ending
December 31, 2023
Treasurer's Report - Part 4 of 4

ALL FUNDS REPORT

LAIF GENERAL FUND RESERVE ACCOUNT
Undesignated Reserve
Economic Fluctuation Reserve
Capital Improvement Program Reserve
Property Improvement Reserve
Other Post Emplpoyment Benefits
(OPEB)
01-025 Subtotal Unrestricted Reserves
05-025 Trafffic Safety
12-025 2107 GAS TAX
25-025 Storm Drain
30-025 Surety Trust
Building Fund
40-024 Loma Serena Ltg.

Subtotal Restricted Reserve
Total General Fund Reserve -
LAIF
11/30/2023
Revenue Interest
and
(Disbursements)
Transfers within
WFB between 5508
and 2153
Transfer in/(Out)
(From WFB 5508 to
LAIF) To Wells
Fargo Advisors
12/31/2023 Comments
97,509.04 97,509.04

0.00 0.00

0.00 0.00 No Activity During the Month of November 2023

0.00 0.00

0.00 0.00
97,509.04 0.00 0.00 0.00 97,509.04

0.00 0.00
1,085.15 1,085.15
21,000.00 21,000.00 No Activity During the Month of November 2023 27,042.53 27,042.53

0.00 0.00
6,751.00 6,751.00
55,878.68 0.00 0.00 0.00 55,878.68
153,387.72 0.00 0.00 0.00 153,387.72
NOTES:

Interest is deposited directly to LAIF account. This monthly report is in compliance with the City's investment policy and demonstrates the City's ability to meet its expenditure requirements for the next six months.

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City of Monte Sereno
Investment Accounts
Local Agency Investment Fund Wells Fargo Accounts Custodian For the period ending
December 31, 2023
Treasurer's Report - Part 4 of 4

ALL FUNDS REPORT
LAIF GENERAL FUND RESERVE ACCOUNT Wells Fargo Advisors GENERAL FUND RESERVE ACCOUNT Undesignated Reserve
Economic Fluctuation Reserve
Capital Improvement Program Reserve
Property Improvement Reserve
Other Post Emplpoyment Benefits
(OPEB)
01-035 Subtotal Unrestricted Reserves
05-035 Trafffic Safety
12-035 2107 GAS TAX
25-035 Storm Drain
30-035 Surety Trust
Building Fund
40-035 Loma Serena Ltg.

Subtotal Restricted Reserve
Total General Fund Reserve -
Wells Fargo Advisors
11/30/2023
Revenue Interest
and
(Disbursements)
Transfers within
WFB between 5508
and 2153
Transfer in/(Out)
(From WFB 5508 to
LAIF) To Wells
Fargo Advisors
12/31/2023 Comments
248,502.25 18,321.19 266,823.44 Interest earned on T-Bills 3,500,000.00 3,500,000.00
500,000.00 500,000.00
200,000.00 200,000.00

0.00 0.00
4,448,502.25 18,321.19 0.00 0.00 4,466,823.44

0.00 0.00
140,404.58 578.26 140,982.84 Interest earned on T-Bills

0.00 0.00

0.00 0.00
140,404.58 578.26 0.00 0.00 140,982.84
4,588,906.83 18,899.45 0.00 0.00 4,607,806.28
-
NOTES:

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City of Monte Sereno
Investment Accounts
Local Agency Investment Fund Wells Fargo Accounts Custodian For the period ending
December 31, 2023
Treasurer's Report - Part 4 of 4

ALL FUNDS REPORT
LAIF GENERAL FUND RESERVE ACCOUNT SAVINGS ACCOUNT #5508 01-015 General
01-015 Economic Fluctuation Reserve
01-015 Capital Improvement Program Reserve
01-015 Property Improvement Reserve
01-015 Other Post Emplpoyment Benefits
(OPEB)
01-015 Total General Fund Reserve - LAIF
03-015 Law Enforecment
05-015 Traffic Safety
07-015 Community Center Capital Campaign
12-015 Gas Tax (2107)
25-015 Storm Drain
30-015 Surety Trust
40-015 Loma Serena Ltg.
50-015 Rose/Andrews Ltg
Total
WARRANT CHECKING ACCOUNT #2153
01-010 Total
Total All Funds
11/30/2023
Revenue Interest
and
(Disbursements)
Transfers within
WFB between 5508
and 2153
Transfer in/(Out)
(From WFB 5508 to
LAIF) To Wells
Fargo Advisors
12/31/2023 Comments
(352,935.58) 553,944.67 (603,855.67) (402,846.58)
In December 2023, received ($447.6k) for Property Tax Apport 12/10/23 Secured 3rd Advance December 14, 2023; ($48.2k) from Waste Connection for franchise tax; major building permits on Oak Dr. ($13.3k), Arlee Dr ($6.6k) and Serena Vista Ct ($6.0k).

0.00 0.00

0.00 0.00
(352,935.58) 553,944.67 (603,855.67) 0.00 (402,846.58)
494,430.55 8,333.33 502,763.88 Received FY 2023-24 COPS ELEAS Growth pass-thru grant ($8.3k) 34,488.85 27,142.99 61,631.84 Santa Clara Valley Transportation Authority for VRF Local Road Improvement Project ($26.1k) and Bails and Fines ($1.1k) 1,000.00 4,000.00 5,000.00 Received second contribution towards the Monte Sereno Community Center
482,895.21 15,294.14 498,189.35 Gas Tax Revenue ($8.9k) and SB-1 Revenue ($6.1k). 69,523.86 0.00 69,523.86

72.75 0.00 72.75
6,063.72 571.81 6,635.53 Property Tax Apport 12/10/23 Secured 3rd Advance December 14, 2023

38.94 38.94
735,578.30 609,286.94 (603,855.67) 0.00 741,009.57
444,371.52 (583,180.14) 603,855.67 465,047.05
Paid in December 2023, O'Grady Paving Inc for Pavement
Improvement Project ($220.3k); Police Services ($89.3k); Staff salaries net pay ($75.3k); Logan & Powell for Legal Services ($18.7k); Alana Consulting for Building Official services and Plan checks ($11.8k); 4x Engineering for the Community Center Project ($11.4k); Silicon Valley Animal Control Quarterly payment ($8.3k) and MS's Augmentation payment for HHW - FY 2021 ($7.7k).
5,922,244.37 45,006.25 0.00 0.00 5,967,250.62
NOTES:

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STAFF REPORT
Meeting: City Council - Mar 05 2024
Agenda Heading: CONSENT CALENDAR
Staff Contact: Kirsten Powell, City Attorney
Department: City Attorney
Title: Approval of Amendment to Employment Agreement of City Manager Steven Leonardis Increasing His Salary
Recommendation(s):

Staff recommends that Council approves the Amendment to Agreement Between the City Of Monte Sereno and Steven Leonardis For Employment As City Manager.

Background Information:

On December 19, 2019, the City and Steve Leonardis entered into that certain agreement entitled “Agreement Between The City Of Monte Sereno and Steven Leonardis For Employment As City Manager” (the “Agreement”). Pursuant to the Agreement, the City Council is to review Mr. Leonardis’ employment each year and at that time, can consider increases in salary. The City Council has concluded its review of Mr. Leonardis for 2023 and desires to increase Mr. Leonardis’ annual salary to $216,000.00. Such increase will be effective as of July 1, 2023. The proposed amendment documents this increase in salary. All other terms of the Agreement remain the same.

Conclusion:

Staff recommends that the City Council approves the Amendment to Agreement Between the City Of Monte Sereno and Steven Leonardis For Employment As City Manager increasing his annual salary to $216,000.00 effective July 1, 2023.

Public Noticing:

The City Council’s agenda was posted at City Hall and the agenda and this report appear on the City’s website.

Attachments:

Amendment to Employment Agreement

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AMENDMENT TO AGREEMENT BETWEEN THE CITY OF MONTE SERENO

AND STEVEN LEONARDIS FOR EMPLOYMENT AS CITY MANAGER

THIS AMENDMENT TO AGREEMENT BETWEEN THE CITY OF MONTE

SERENO AND STEVEN LEONARDIS FOR EMPLOYMENT AS CITY MANAGER (“Amendment”) is made and entered into this 5th day of March, 2024, by and between the City of Monte Sereno, a municipal corporation (“City”) and Steven Leonardis (“City Manager”).

RECITALS
A. On December 11, 2019, the City and City Manager entered into that certain agreement titled “Agreement between the City of Monte Sereno and Steven Leonardis for Employment as City Manager” (the “Agreement”).

B. City Manager has worked as the City Manager since December 21, 2019.

C. The City and the City Manager desire to amend the Agreement to increase the salary paid to City Manager.

AGREEMENT
NOW, THEREFORE, in consideration of the promises covenants and conditions contained herein, the parties agree as follows:

1. Section 2 of the Agreement is hereby amended to provide that the annual base salary paid to City Manager shall be $216,000.00, effective July 1, 2023.

2. All other terms and conditions of the Agreement shall remain unchanged and in full force and effect during the term of the Agreement. To the extent there is a conflict between the terms of the Agreement and this Amendment, the terms of the Amendment shall control.

MANAGER: CITY:

Steven Leonardis City of Monte Sereno
___________________________ ______________________________ Steven Leonardis Evert Wolsheimer, Mayor
ATTEST:
_____________________________
Gloisy Gonzalez-Langarica, City Clerk

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APPROVED AS TO FORM:
_____________________________
Kirsten M. Powell, City Attorney

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STAFF REPORT
Meeting: City Council - Mar 05 2024
Agenda Heading: NEW BUSINESS
Staff Contact: Reynold Samoranos,
Department: Finance Manager
Title: Accept the FY 2023-24 Mid-Year Budget Report
Recommendation(s):

Staff recommends the Council accept the FY 2023-24 Mid-Year Budget Report.

Background Information:

The purpose of this report is to update the City of Monte Sereno's City Council on the status of the City's fiscal status as of February 29, 2024. This report includes highlights of major changes in the revenue and expenditures from the original FY 2023-24 Adopted Budget.

Staff also provided details of all accounts in the FY 2023-24 Budget. The report includes December 2023 YTD (6 months) actuals along with FY 2022-23 full year Actuals for comparative purposes.

Analysis:

Staff has completed a comprehensive review of the FY 2023-24 Adopted Budget and is providing the City Council with a status report as of the end of February 29, 2024.

Staff's process was to download from the Sage General Ledger all transactions from July 1, 2023 through December 31, 2023 and thoroughly analyze all revenue and expenditure transactions.

Staff reviewed the Santa Clara County Assessor’s Report dated February 12, 2024 that shows the estimated property tax revenues to be distributed in FY 2024 and included those new estimates in the FY 2024 Mid-Year Budget.

Major CIP projects and expenditures were noted to have no significant changes from the original Adopted Budget that would negatively impact the FY 2024 Mid-Year Budget.

Overall, the City's FY 2023-24 Mid-Year Budget is projected to achieve $5.8 Million in revenues (+$319 Thousand higher) versus the FY 2023-24 Adopted Budget. The City is projected to spend $6.2 Million in expenditures (+$170 Thousand higher) versus the FY 2023- 24

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Adopted Budget. Net draw against fund reserves is expected to be $405 Thousand (-$149 Thousand lower) versus the FY 2023-24 Adopted Budget.

Attached is a summary and detailed FY 2023-24 Mid-Year Budget vs. Adopted Budget and Narrative Report that details the major revenue and expenditure changes and the assumptions made on significant budget line items for greater transparency.

Fiscal Impact:
 Revenues $5.8 Million in FY 2023-24 Mid-Year Budget, $319 Thousand higher vs. the Adopted Budget.
 Expenditures $6.2 Million in FY 2023-24 Mid-Year Budget, $170 Thousand higher vs. the Adopted Budget
 Net draw against Fund Reserve balances -$405 Thousand in FY 2023-24 Mid-Year Budget, -$149 Thousand lower vs. the Adopted Budget.

Conclusion:

Overall, the FY 2023-24 Mid-Year Budget Report is sound. Staff recommends acceptance of the presented FY 2023-24 Mid-Year Budget Report.

Public Noticing:

The City of Monte Sereno's Council meeting agenda was posted on the bulletin board outside of Monte Sereno's City Hall and the agenda with this staff report can be accessed on the City of Monte Sereno's website located at www.montesereno.org.

Attachments:
1) FY 2023-24 Mid-Year Report - Revenue and Expenditures Narrative (Final) 2-29-2024 2) FY 2023-24 Mid-Year Report - Revenue and Expenditures (Final) 2-29-2024

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1 | P a g e
Significant Revenue and Expenditures Narrative FY 2023-24 Mid-Year Budget FY 2023-24 Mid-Year Budget
Versus
FY 2023-24 Adopted Budget
Revenues
SIGNIFICANT FULL-YEAR VARIANCES TO FY 2023-24 ADOPTED BUDGET NARRATIVE  Revenues $5.8 Million, +$319k or 5.8% higher vs. FY 2023-24 Adopted Budget) - Property Tax $2.8 Million, -$84k or -2.9% lower vs. FY 2023-24 Adopted Budget: Confirmed estimated property tax distribution from the Santa Clara County Assessors office report dated February 12, 2024.

- Licenses and Permits $826.3 Thousand, +$87k or 11.8% higher vs. FY 2023-24 Adopted Budget:

Construction permits run rates higher versus budget.
- Franchise Fees $442.8 Thousand, +$100k or 29.3% higher vs. FY 2023-24 Adopted Budget: Receiving new fees not previously budgeted from Waste Connection Street Sweep fees ($7k); Vehicle Impact ($42k) and higher ongoing rates from Comcast and Waste Connection.
- Intergovernmental $275.2 Thousand, +$29k or 11.6% higher vs. FY 2023-24 Adopted Budget: Receiving higher FT 2024 COPS ELEAS Growth pass-thru grant (+$50k) and offset by removing Motor Vehicle fees ($21k). - Other Revenues $263.7 Thousand, +$86k or 48.6% higher vs. FY 2023-24 Adopted Budget: Received LEAP Grant ($65k) plus higher run rates in storm drain development fees (+$15k). - Gas Tax $192.8 Thousand, +$8k or 4.2% higher vs. FY 2023-24 Adopted Budget: Run rates trending higher by +$8k.
- Interest Income $215.6 Thousand, +$215k or 114.5% higher vs. FY 2023-24 Adopted Budget: Higher interest yields from laddered T-bill investment strategy on $4.5 million previously held at LAIF. Yield 5%+. -
- Real Property Tax $83.1 Thousand, -$24k or -22.3% lower vs. FY 2023-24 Adopted Budget: Includes transfer tax trending lower versus Adopted Budget.
- Government Funds and Other Sources $739 Thousand, Even with FY 2023-24 Adopted Budget: No change vs. Adopted Budget. Includes CalApp ($40k); Silicon Valley Clean Energy ($18k); Prop 68 ($180k); and Silicon Valley Clean Energy ($500k).
- Fines $5.1 Thousand, +$3k or 143% higher vs. FY 2023-24 Adopted Budget: Run rates higher vs. Adopted Budget.

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Significant Revenue and Expenditures Narrative FY 2023-24 Mid-Year Budget FY 2023-24 Mid-Year Budget
Versus
FY 2023-24 Adopted Budget
Expenditures
SIGNIFICANT FULL-YEAR VARIANCES TO FY 2023-24 ADOPTED BUDGET NARRATIVE  Expenditures $6.2 Million, +$170k or +2.8% higher vs. FY 2023-24 Adopted Budget - Personnel $1,761 Thousand, +$50k or +2.9% higher vs. FY 2023-24 Adopted Budget: Increase salary for the City Manager.
- Law Enforcement $1,243 Thousand, +$50k or +8.2% higher vs. FY 2023-24 Adopted Budget: Higher estimated COPS ELEAS pass-thru Grant ($50k).
- Construction $65 Thousand, +$5k or +8.2% higher vs. FY 2023-24 Adopted Budget: None significant. - General Government $483 Thousand, +$69k or +16.8% higher vs. FY 2023-24 Adopted Budget: Santa Clara County charge for HHW Program FY 2020 through FY 2023 (+$38k), Insurance premium higher (+$15k) and (+$10k) for Community based organization grants.
- Maintenance $565 Thousand, Even vs. FY 2023-24 Adopted Budget: Flat to the Adopted Budget. - Administration $459 Thousand, -$47k or -9.3% lower vs. FY 2023-24 Adopted Budget: Lower City Engineer Consultant cost (-$80k savings), lower training (-$6k) offset by higher run rates in travel and office expense. - City Attorney $125 Thousand, Even vs. FY 2023-24 Adopted Budget: Tracking even to the Adopted Budget. - Building Maintenance $48 Thousand, +$14k or +41.5% higher vs. FY 2023-24 Adopted Budget: Includes the maintenance of City Hall – cleaning services, landscape and maintenance and repairs to City Hall. - Equipment / Improvements $113 Thousand, +$4k or +3.6% higher vs. FY 2023-24 Adopted Budget:

Includes the purchase of the City Truck 2023 GMC Canyon with accessories ($42.9k) and computer software licenses and hardware.
- Building and Improvement $1,278 Thousand, +$20k or +1.6% higher vs. FY 2023-24 Adopted Budget: Includes the Community Center project no cost change and the new kitchen remodel at City Hall ($20k). - City Audit $63 Thousand, +$5k or +7.7% higher vs. FY 2023-24 Adopted Budget: Increase payroll processing from once per month to semi-monthly pay cycles (+$5k).

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1 | P a g e
Significant Revenue and Expenditures Narrative FY 2023-24 Mid-Year Budget FY 2023-24 Mid-Year Budget
Versus
FY 2023-24 Adopted Budget
Revenues
SIGNIFICANT FULL-YEAR VARIANCES TO FY 2023-24 ADOPTED BUDGET NARRATIVE  Revenues $5.5 Million (5.8% higher vs. FY 2023-24 Adopted Budget) - Property Tax $2.8 Million, -$84k or -2.9% lower vs. FY 2023-24 Adopted Budget: Confirmed estimated property tax distribution from the Santa Clara County Assessors office report dated February 12, 2024.

- Licenses and Permits $826.3 Thousand, +$87k or 11.8% higher vs. FY 2023-24 Adopted Budget:

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Monte Sereno City CouncilMarch 5, 2024

Monte Sereno City Council
March 5, 2024