RESOLUTION NO. ________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PACIFICA ADOPTING THE FISCAL YEAR 2024-25 ANNUAL OPERATING AND CAPITAL BUDGET WHEREAS, the City Council of the City of Pacifica has held public budget study sessions on April 8, 2024, May 13, 2024, and June 10, 2024, and a public hearing on June 24, 2024, for consideration of adoption of the Recommended FY 2024-25 Operating and Capital Budget; and
WHEREAS, the recommended budget was prepared in accordance with governmental accounting standards and the financial policies of the City; and WHEREAS, the recommended budget is a balanced expenditure plan that ensures the maintenance of adequate reserves during FY 2024-25; and WHEREAS, the City of Pacifica now desires to adopt the 2024-25 Fiscal Year Appropriations Limit, Master Fee Scheule for FY 2024-25 and Operating and Capital Improvement Program Budgets for FY 2024-25;
WHEREAS, Sections 65400, 654001, and 65403 of the State Planning and Zoning Code require the Planning Commission to review Public Works capital projects for the next fiscal year to determine conformity with the adopted General Plan. The Planning Commission reviewed and approved the Capital Improvement Project Budget on June 3, 2024;
WHEREAS, expenditures from the Roy Davies Trust Fund are required to be approved by a 4/5 vote of the City Council, and the 2024-25 Roy Davies Trust Fund expenditures are part of the 2024-25 Capital Budget, and NOW, THEREFORE, THE CITY COUNCIL HEREBY RESOLVES:
The City Council of the City of Pacifica hereby approves the FY 2024-25 budget with the citywide revenues and expenditures as follows:
Fund Name
Revenues &
Transfers In
Revised
Budget
Expenditures
& Transfers
Out Revised
Revenue
Over (Under)
Expenditures
01 GENERAL FUND $ 48,068,300 $ 46,916,071 $ 1,152,229
ENTERPRISE FUNDS
18 Sewer Charge Fund 20,260,000 18,869,108 1,390,892
34 Sewer Facility Construction Fund 50,000 14,999,886 (14,949,886) 18/34 Sewer Fund 20,310,000 33,868,994 (13,558,994)
35 Beach Parking Fund 592,000 593,632 (1,632)
Total Enterprise Funds 20,902,000 34,462,626 (13,560,626)
SPECIAL REVENUE FUNDS
07 SLES Fund 150,000 79,100 70,900
09 Measure A Fund 1,400,000 1,938,926 (538,926)
10 Gas Tax Maintenance Fund 2,442,000 2,128,400 313,600 11 Measure W Fund 560,000 862,000 (302,000)
12 Highway 1 Improvement Fund 5,000 35,966 (30,966)
13 Street Improvement Fund 655,000 882,947 (227,947)
14 Manor Drive Improvement Fund* 107,947 - 107,947
16 NPDES Stormwater Fund 193,000 266,000 (73,000)
19 Planned Local Drainage Fund 25,000 2,100 22,900
21 Housing Action Fund 1,650,000 473,000 1,177,000
22 General Capital Improvement Fund 1,279,800 1,590,180 (310,380) 23 Frontierland Remediation 75,000 - 75,000
93 Housing Successor - - -
24 Housing In-Lieu Fund - -
25 Parking In-Lieu Fund 20,000 - 20,000
26 Park In-Lieu Capital Improvement 100,000 - 100,000
27 PB&R Roy Davies Trust - 100,300 (100,300)
28 PB&R Special Revenue Fund - 216,474 (216,474)
29 Tree Special Revenue Fund - - -
31 Pacifica Library Fund - - -
38 Disaster Accounting Fund 1,650,000 668,455 981,545
Total Special Revenue & Capital Funds 10,312,747 9,243,848 1,068,899
INTERNAL SERVICE FUNDS
65 Self Funded Dental Plan 255,000 184,800 70,200
66 Self-Insurance Fund W/C 1,112,000 1,112,000 -
67 Self-Insurance Fund Liability 2,808,400 2,808,400 -
71 Motor Pool Operations Fund 1,184,459 1,184,459 -
72 Motor Pool Replacement Fund 25,000 750,000 (725,000) 74 Fire Equipment Fund 133,000 - 133,000
Total Internal Service Funds 5,517,859 6,039,659 (521,800)
DEBT SERVICE FUNDS
40 Debt Service Fund 483,226 2,522,941 (2,039,715)
Total Debt Service Funds 483,226 2,522,941 (2,039,715)
Total Other Funds 37,215,832 52,269,074 (15,053,242)
Total All Funds $ 85,284,132 $ 99,185,145 $ (13,901,013) Section 1. The summary balances shown above included in the City’s Operating Budget for Fiscal Year 2024-25 contains the expenditures (including transfers) to be appropriated in the sum of $99,185,145. The citywide revenues (including transfers) are budgeted at $85,284,132.
Section 2. The CIP allocation of $19.7 million, including the Capital Budget expenditures and increase the construction contingency for the Civic Center Facilities Rehabilitation Project by an additional $150,000. The previous Council approved midyear allocation to the Civic Center Facilities Rehabilitation Project increases the W.E. Lyons construction contingency for the Project by an additional $150,000 or 1.59% of the construction budget to the total contingency of $1,402,431.76 (14.9%), increasing the total project construction budget authority to $10,807,828. $9,000 of this budget authority will be used to finish the material testing work on the Civic Center project by BKS consultants increasing their contract from $118,489 to $127,489. The City Manager will execute all necessary documents related to the BSK contract amendment. The CIP Budget also includes expenditures from the Roy Davies Trust Fund of.
A copy of the Operating and Capital budgets are on file with the City Clerk and are hereby adopted. The funds appropriated by this resolution are authorized to be expended as necessary and proper for municipal purposes.
Section 3. The City Manager shall be authorized to redistribute budgeted appropriations from one department to another or one capital project to another within the same fund. However any transfers between the funds shall be approved by the City Council.
PASSED AND ADOPTED at a regular meeting of the City Council of the City of Pacifica, California, held on the 24th day of June 2024.
AYES, Councilmembers:
NOES, Councilmembers:
ABSENT, Councilmembers:
ABSTAIN, Councilmembers:
Sue Vaterlaus, Mayor
APPROVED AS TO FORM: ATTEST
Michelle Marchetta Kenyon Sarah Coffey
City Attorney City Clerk