Department Adjustment Adjustment
CAPITAL IMPROVEMENT FUNDS
GENERAL FUND CAPITAL IMPROVEMENT FUND 471)
Capital Transfer from General Fund
This action increases the transfer from the General Fund related to TOT revenue Council earmarked to use for city wide infrastructure improvements due to actual revenue collected being higher than budgeted in FY 2023.
2, 288, 000$
Capital Transfer from Gas Tax Fund/ Streets Maintenance PE 86070) This action increases the transfer from the Gas Tax Fund as a result of SB1 Gas Tax revenue from the State of California that came in higher than budgeted levels. SB1 funding is designated for street improvment projects, so it will be added to the Streets Maintenance capital project PE 86070).
43, 200$ 43, 200$
Capital Transfer to Library Projects Fund
This action transfers the remaining bond funds that were issued in 2013 to reconstruct the Mitchell Park Library and Community Center facility from the Capital Improvement Fund to the Library Projects Fund. The remaining funds had previously been held in the Capital Improvement Fund to complete roof damage repair that persisted from the reconstruction project. The repairs were completed in FY 2023, so the remaining funds are being transferred to be used towards payment of the debt service costs of the bond. 73, 800$
Various Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
4, 170)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 2, 218, 370$
GENERAL FUND CAPITAL IMPROVEMENT FUND 471) SUBTOTAL 2, 331, 200$ 2, 331, 200$ CUBBERLEY PROPERTY INFRASTRUCTURE FUND 472)
Various Salaries and Benefits
This action increases the allocation for salaries and benefits in this fund due increased labor costs that were negotiatied and approved across the City in FY 2023. Additional funding for these cost increases was not appropriated in FY 2023, so this aligns budget levels with actual expenditures.
126, 200$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 126, 200)$
CUBBERLEY PROPERTY INFRASTRUCTURE FUND 472) SUBTOTAL $
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 BUDGET Revenues Expenses
ATTACHMENT B, EXHIBIT 1
Department Adjustment Adjustment
ENTERPRISE FUNDS
AIRPORT ENTERPRISE FUND 530)
Public Works Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
663)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 663$
AIRPORT ENTERPRISE FUND 530) SUBTOTAL $
ELECTRIC FUND 513 523)
Capital Capital Improvement Project Adjustments
This action reflects the combined impact from adjustments to projects as outlined in Attachment B, Exhibit 2.
14, 336$
Utilities Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
21, 995)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 7, 659$
ELECTRIC FUND 513 523) SUBTOTAL $
GAS FUND 514 524)
Utilities Residential Customer Revenue/ Gas Commodity Purchase This action recognizes additional residential customer revenue that was collected in FY 2023 and appropriates funding for increased costs to purchase gas commodities and align the budget with actual expenditures in FY 2023.
380, 000$ 380, 000$
Utilities Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
9, 665)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 9, 665$
GAS FUND 514 524) SUBTOTAL 380, 000$ 380, 000$
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 BUDGET Revenues Expenses
ATTACHMENT B, EXHIBIT 1
Department Adjustment Adjustment
ENTERPRISE FUNDS
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 BUDGET Revenues Expenses
ATTACHMENT B, EXHIBIT 1
REFUSE FUND 525)
Public Works Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
3, 079)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 3, 079$
REFUSE FUND 525) SUBTOTAL $
STORMWATER MANGEMENT FUND 528)
Capital Capital Improvement Project Adjustments
This action reflects the combined impact from adjustments to projects as outlined in Attachment B, Exhibit 2.
27, 148$
Public Works Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
1, 823)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 25, 325)$
STORMWATER MANGEMENT FUND 528) SUBTOTAL $
WASTEWATER COLLECTION FUND 527)
Utilities Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
3, 825)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 3, 825$
WASTEWATER COLLECTION FUND 527) SUBTOTAL $
WASTEWATER TREATMENT FUND 526)
Capital Capital Improvement Project Adjustments
This action reflects the combined impact from adjustments to projects as outlined in Attachment A, Exhibit 2.
500, 000)$
Public Works Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
9, 900)$
Public Works Revenue from Other Agencies
This action is a technical correction to reallocate 0. 5 million in revenue from the Advanced Water Purification Facility capital project WQ 19003) to fund operating costs related to water purification services. These funds were incorrectly appropriated to WQ 19003 in CMR 2302 1026 and this action allows the revenue to offset other needs in the Wastewater Treatment Fund.
500, 000$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 9, 900$
WASTEWATER TREATMENT FUND 526) SUBTOTAL $
Department Adjustment Adjustment
ENTERPRISE FUNDS
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 BUDGET Revenues Expenses
ATTACHMENT B, EXHIBIT 1
WATER FUND 522)
Utilities Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
7, 014)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 7, 014$
WATER FUND 522) SUBTOTAL $
Department Adjustment Adjustment
INTERNAL SERVICE FUNDS
INFORMATION TECHNOLOGY FUND 682)
Information
Technology
Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
5, 081)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 5, 081$
INFORMATION TECHNOLOGY FUND 682) SUBTOTAL $
PRINT AND MAILING FUND 683)
Administrative
Services
Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
41)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 41$
PRINT AND MAILING FUND 683) SUBTOTAL $
VEHICLE REPLACEMENT MAINTENANCE FUND 681)
Capital Capital Improvement Project Adjustments
This action reflects the combined impact from adjustments to projects as outlined in Attachment B, Exhibit 2.
130, 797$
Public Works Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
2, 278)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 128, 519)$
VEHICLE REPLACEMENT MAINTENANCE FUND 681) SUBTOTAL $
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023BUDGET Revenues Expenses
ATTACHMENT B, EXHIBIT 1
Department Adjustment Adjustment
SPECIAL REVENUE FUNDS
PUBLIC ART FUND 207)
Community
Services
Salary and Benefits
This action increases the allocation for salaries and benefits in this fund due increased labor costs that were negotiatied and approved across the City in FY 2023. Additional funding for these cost increases was not appropriated in FY 2023, so this aligns budget levels with actual expenditures.
12, 900$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 12, 900)$
PUBLIC ART FUND 207) SUBTOTAL $
GAS TAX FUND 231)
Administrative
Services
Revenue from the State of California/ Transfer to Capital Improvement Fund This action recognizes SB1 Gas Tax revenue from the State of California that came in higher than budgeted levels and appropriates funding to increase the transfer to the Capital Improvement Fund. SB1 funding is designated for street improvment projects, so it will be added to the Streets Maintenance capital project PE 86070). 43, 200$ 43, 200$
GAS TAX FUND 231) SUBTOTAL 43, 200$ 43, 200$
HAMILTON AVENUE PUBLIC BENFIT FUND 235)
Planning and
Development
Services
Investment Income/ Grants Subsidies
This action recognizes higher investment returns and increases the appropriation for Grants and Subsidies to Avenidas within the fund to align budget levels with actual expenditures in FY 2023
14, 700$ 14, 700$
HAMILTON AVENUE PUBLIC BENFIT FUND 235) SUBTOTAL 14, 700$ 14, 700$ UNIVERSITY AVENUE PARKING PERMIT FUND 236)
Various Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
208)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 208$
UNIVERSITY AVENUE PARKING PERMIT FUND 236) SUBTOTAL $
CALIFORNIA AVENUE PARKING PERMIT FUND 237)
Various Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
119)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 119$
CALIFORNIA AVENUE PARKING PERMIT FUND 237) SUBTOTAL $
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 BUDGET Revenues Expenses
ATTACHMENT B, EXHIBIT 1
Department Adjustment Adjustment
SPECIAL REVENUE FUNDS
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 BUDGET Revenues Expenses
ATTACHMENT B, EXHIBIT 1
RESIDENTIAL PARKING PERMIT PROGRAMS FUND 239)
Various Retiree Healthcare Department Charges
This action reflects the adjustment for retiree healthcare costs as outlined in Attachment B, Exhibit 3.
501)$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 501$
RESIDENTIAL PARKING PERMIT PROGRAMS FUND 239) SUBTOTAL $ SUPPLEMENTAL LAW ENFORCEMENT SERVICES FUND 248)
Police Investment Income/ Instruction and Training
This action recognizes higher investment returns and increases the appropriation for Facilities and Equipment within the fund to align budget levels with actual expenditures in FY 2023. The cost to upgrade the Department' s Conductive Energy Weapon platform commonly known as Tasers) was slightly higher than the approved funding allocated for this purchase in the SLES Fund.
1, 700$ 1, 700$
SUPPLEMENTAL LAW ENFORCEMENT SERVICES FUND 248) SUBTOTAL 1, 700$ 1, 700$ Department Adjustment Adjustment
DEBT SERVICE AGENCY TRUST FUNDS
2021 PUBLIC SAFETY BUILDING COP FUND 363)
Administrative
Services
Debt Service Payment
This action is a technical correction to appropriate funding to cover the capitalized interest payment for the Certificates of Participation to fund the New Public Safety Building capital project PE 15001). These funds were set aside as part of bond sale in this Fund in order to make this payment; however, they were not fully appropriated as part of the FY 2023 Budget. 1, 464, 000$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 1, 464, 000)$
2021 PUBLIC SAFETY BUILDING COP FUND 363) SUBTOTAL $
LIBRARY PROJECTS FUND 370)
Administrative
Services
Transfer from Capital Improvement Fund
This action recognizes a transfer from the Capital Improvement Fund of the remaining bond funds that were issued in 2013 to reconstruct the Mitchell Park Library and Community Center facility. The remaining funds had previously been held in the Capital Improvement Fund to complete roof damage repair that persisted from the reconstruction project. The repairs were completed in FY 2023, so the remaining funds are being transferred to the Library Projects Fund to be used towards payment of the debt service costs of the bond. 73, 800$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 73, 800$
LIBRARY PROJECTS FUND 370) SUBTOTAL 73, 800$ 73, 800$
EYERLY TRUST FUND 774)
Administrative
Services
Investment Income/ General Expenses
This action recognizes higher investment returns and increases the appropriation for General Expenses within the fund for interest income distribution to designated recipients to align budget levels with actual expenditures in FY 2023.
1, 900$ 1, 900$
EYERLY TRUST FUND 774) SUBTOTAL 1, 900$ 1, 900$
UNIVERSITY AVENUE PARKING ASSESSMENT AGENCY FUND 775)
Administrative
Services
Contract Services
This action increases the appropriation for Contract Services within the fund to align budget levels with actual expenditures in FY 2023.
6, 000$
Fund Balance Adjustment to Fund Balance
This action adjusts the fund balance to offset adjustments recommended in this report. 6, 000)$
UNIVERSITY AVENUE PARKING ASSESSMENT AGENCY FUND 775) SUBTOTAL $
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 BUDGET Revenues Expenses
ATTACHMENT B, EXHIBIT 1
Project
Number Title Revenue Expense Comments
AC 86017 Art In Public Spaces 171, 600) Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 14018 Baylands Boardwalk Improvements 6, 258 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PG 06003 Benches, Signage, Walkways, Perimeter
Landscaping, and Site Amenities
64, 765 Adjustment to allocate Salaries and Benefits
across capital projects based on actual
expenditures.
PL 04010 Bicycle and Pedestrian Transportation
Plan Implementation
200, 000) Adjustment to allocate Salaries and Benefits
across capital projects based on actual
expenditures.
AS 10000 Capital Improvement Fund Administration 700, 000) Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 13011 Charleston/ Arastradero Corridor Project 564, 252 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PL 20000 Churchill Avenue/ Alma Street Railroad
Crossing Safety Improvements
306, 809) Adjustment to allocate Salaries and Benefits
across capital projects based on actual
expenditures.
PE 20001 City Bridge Improvements 123, 555 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 17008 City Hall Floor 4 Remodel 1, 077 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 18016 Civic Center Fire Life Safety Upgrades 71, 019 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 15020 Civic Center Waterproofing Study and
Repairs
113, 241 Adjustment to allocate Salaries and Benefits
across capital projects based on actual
expenditures.
PG 18001 Dog Park Installation and Renovation 13, 948 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 18004 Fire Station 4 Replacement 176, 106 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 20000 Foothills Nature Preserve Dam Seepage
Investigation and Repairs
16, 545 Adjustment to allocate Salaries and Benefits
across capital projects based on actual
expenditures.
PE 21003 Magical Bridge Playground Rubber and
Synthetic Turf Resurfacing
63, 138 Adjustment to allocate Salaries and Benefits
across capital projects based on actual
expenditures.
PE 18010 Mitchell Park Improvements 957 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PF 16006 Municipal Service Center Lighting,
Mechanical, and Electrical Improvements
579, 179) Adjustment to allocate Salaries and Benefits
across capital projects based on actual
expenditures.
PE 15007 New Downtown Parking Garage 300, 000) Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
ATTACHMENT B, EXHIBIT 2
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 CAPITAL IMPROVEMENT PROGRAM
CAPITAL IMPROVEMENT FUND
Project
Number Title Revenue Expense Comments
ATTACHMENT B, EXHIBIT 2
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 CAPITAL IMPROVEMENT PROGRAM PE 15001 New Public Safety Building 464, 797 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 12011 Newell Road/ San Francisquito Creek
Bridge Replacement
947, 154) Adjustment to allocate Salaries and Benefits
across capital projects based on actual
expenditures.
OS 00001 Open Space Trails and Amenities 213, 593 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PG 09002 Park and Open Space Emergency Repairs 80, 985 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PG 19000 Park Restroom Installation 86, 277 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PL 17001 Railroad Grade Separation and Safety
Improvements
344, 600) Adjustment to allocate Salaries and Benefits
across capital projects based on actual
expenditures.
PG 14000 Ramos Park Improvements 291, 512) Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 08001 Rinconada Park Improvements 66, 451 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PF 07011 Roth Building Maintenance 2, 610 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PO 89003 Sidewalk Repairs 158, 238 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PO 05054 Street Lights Improvements 48, 446 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 86070 Street Maintenance 1, 061, 401 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 21004 University Avenue Streetscape Update 95, 758 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
PE 19001 Water, Gas, Wastewater Office Remodel 347, 437 Adjustment to allocate Salaries and Benefits across capital projects based on actual
expenditures.
Total
EL 17007 Facility Relocation for Caltrain
Modernization Project
14, 336 Increase to project due to higher than
anticipated expenditures.
Total 14, 336
SD 22000 E Bayshore Rd E Meadow Dr Storm
Drain System Upgrade
27, 148 Increase to project due to higher than
anticipated expenditures.
Total 27, 148
ELECTRIC FUND
STORMWATER MANAGEMENT FUND
Project
Number Title Revenue Expense Comments
ATTACHMENT B, EXHIBIT 2
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 CAPITAL IMPROVEMENT PROGRAM VR 22000 Scheduled Vehicle Replacement Fiscal
Year 2022
130, 797 Increase to project due to higher than
anticipated expenditures.
Total 130, 797
WQ 19003 Advanced Water Purification Facility 500, 000) Reallocate 0. 5 million in revenue from WQ 19003 to fund operating costs related to water
purification services.
Total 500, 000)
TOTAL CIP ADJUSTMENTS 500, 000) 172, 281
VEHICLE FUND
WASTEWATER TREATMENT FUND
ATTACHMENT B, EXHIBIT 2
Fund
Department/
Fund Title Revenue Expense Comments
General Fund Administrative
Services
Retiree Healthcare Adjustment 8, 162) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund City Attorney Retiree Healthcare Adjustment 2, 106) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund City Clerk Retiree Healthcare Adjustment 637) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund City Council Retiree Healthcare Adjustment 956) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund City Manager Retiree Healthcare Adjustment 2, 356) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund Community
Services
Retiree Healthcare Adjustment 13, 789) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund Fire Retiree Healthcare Adjustment 35, 753) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund Human
Resources
Retiree Healthcare Adjustment 2, 661) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund Library Retiree Healthcare Adjustment 7, 109) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund Office of
Emergency
Services
Retiree Healthcare Adjustment 650) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund Office of
Transportation
Retiree Healthcare Adjustment 1, 107) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund Planning and
Development
Services
Retiree Healthcare Adjustment 7, 319) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund Police Retiree Healthcare Adjustment 40, 424) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
General Fund Public Works Retiree Healthcare Adjustment 13, 692) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
136, 721)
Capital
Improvement
Fund
471 Retiree Healthcare Adjustment 4, 170) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
4, 170)
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 BUDGET
GENERAL FUND
GENERAL FUND SUBTOTAL
CAPITAL FUNDS
CAPITAL FUNDS SUBTOTAL
ATTACHMENT B, EXHIBIT 2
Fund
Department/
Fund Title Revenue Expense Comments
CITY OF PALO ALTO
RECOMMENDED AMENDMENTS TO THE CITY MANAGER' S FY 2023 BUDGET Airport Fund 530 Retiree Healthcare Adjustment 663) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
Electric Fund 513 523 Retiree Healthcare Adjustment 21, 995) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
Gas Fund 514 524 Retiree Healthcare Adjustment 9, 665) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
Refuse Fund 525 Retiree Healthcare Adjustment 3, 079) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
Stormwater
Management
Fund
528 Retiree Healthcare Adjustment 1, 823) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
Wastewater
Treatment Fund
526 Retiree Healthcare Adjustment 9, 900) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
Wastewater
Collection Fund
527 Retiree Healthcare Adjustment 3, 825) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
Water Fund 522 Retiree Healthcare Adjustment 7, 014) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
57, 964)
Information
Technology Fund
682 Retiree Healthcare Adjustment 5, 081) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
Printing
Mailing Fund
683 Retiree Healthcare Adjustment 41) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
Vehicle
Maintenance
Replacement
Fund
681 Retiree Healthcare Adjustment 2, 278) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
7, 401)
California
Avenue Fund
237 Retiree Healthcare Adjustment 119) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
Residential
Parking Permit
RPP) Fund
239 Retiree Healthcare Adjustment 208) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
University
Avenue Fund
236 Retiree Healthcare Adjustment 501) Adjustment to department charges for retiree healthcare to align with June 30, 2021 valuation.
828)
TOTAL ADJUSTMENT 207, 084)
ENTERPRISE FUNDS
ENTERPRISE FUNDS SUBTOTAL
INTERNAL SERVICE FUNDS
INTERNAL SERVICE FUNDS SUBTOTAL
SPECIAL REVENUE FUNDS
SPECIAL REVENUE FUNDS SUBTOTAL
ATTACHMENTC
NOTYETAPPROVED*
1 0160109_ 20230830_ ay16
Resolution No. _____
Resolution of the Council of the City of Palo Alto to Extend and Amend the Development ServicesReserveFund Policy Previously Adopted by Ordinance No. 5420.
RECI T A L S
A. In 2016, the Development ServicesDepartment completed PhaseI of a fee study to update certain non-valuation-based fees for services, reserving an update of valuation- based fees for PhaseII of the fee study.
B. In 2017, the Development Services Department completed Phase II of the fee study, which recommended adjustments to the Department’s valuation-based fees, the adoption of an operating reserve, and associated changes.
C. On September 19, 2017, the Finance Committee reviewed the fee study and recommended adoption of an ordinance updating Development Services Department fees in accordance with the study’s recommendations, adjusted by the annual salary and benefits adjustment of 5.5 percent.
D. On November 13, 2017, the City Council adopted Ordinance 5420 to adjust Development Services Department fees and approve a FY 2018 Development Services Department ReserveFund Policy.
E. The Development ServicesDepartment ReserveFund Policy was based on a fee study regarding best practices and assumed that the ReserveFund would be fully funded by FY 2022.
F. Reservefunds were expended in FY2020 and FY2021 to cover pandemic-related departmental operating lossesand maintain continuity of service.
G. As a result of this use of reserve funds, the Planning and Development Services Department seeksto extend the funding period for the ReserveFund beyond the planned sunset in FY2022.
H. The Planning and Development ServicesDepartment plans for continued use of the Reserve Fund at existing levels through FY 2025 when a new Cost of Services Study is expected to be implemented.
ATTACHMENTC
NOTYETAPPROVED*
2 0160109_ 20230830_ ay16
NOW, THEREFORE, the Council of the City of Palo Alto RESOLVESasfollows:
SECTION1. The Council of the City of Palo Alto adopts the Planning and Development ServicesDepartment ReserveFund Policy, as set forth in Exhibit “1” and incorporated herein by reference. This policy replaces the policy adopted by Ordinance 5420.
SECTION2. The Council finds that the adoption of this resolution does not meet the definition of a project under Public Resources Code Section 21065, thus, no environmental assessmentunder the California Environmental Quality Act is required.
INTRODUCEDANDPASSED:
AYES:
NOES:
ABSENT:
ABSTENTIONS:
ATTEST:
City Clerk Mayor
APPROVEDASTOFORM: APPROVED:
Assistant City Attorney City Manager
Director of Planning and
Development Services