Patterson City Council
May 2, 2023

FY 2022-23 Mid-Year
Budget Review
1 May 2, 2023
FY 2022-23 Mid-Year Budget Review
2 • FY 2022-23 Total Mid-Year Adjustments
• General Fund Adjustments
• Sewer Fund Adjustments
• Water Fund Adjustments
• Garbage Fund Adjustments
• PPFA Fund Adjustments
3 • Salary Plan Changes $1,297,100
• Purchase Order Carry Over $1,291,330
• Departmental Requests - Exp $1,106,559
• Departmental Requests - Rev ($ 301,620)
• Total FY 2022-23 (Net Adj.) $3,393,369
Total FY 2022-23 Mid-Year Adjustments
All Funds
4 FY 2022-23 Mid-Year Adjustments
General Funds (100 – 111)
Adopted Adjusted Estimated
Fiscal Year Adjustments Fiscal Year Fiscal Year
2022-23 2022-23 2022-23 2022-23 Variance
Revenues
Taxes
Property (including MVILF) 6,925,702 6,925,702 7,097,283 171,581 Sales 13,081,296 13,081,296 12,944,067 (137,229)
Franchise Fees 233,943 233,943 279,560 45,617
Other 227,738 227,738 352,075 124,337
Licenses and Permits 1,994,357 1,994,357 893,685 (1,100,672) Charges for services 530,038 530,038 299,430 (230,608)
Intergovernmental -
Federal grants and subsidies 3,948,903 3,948,903 721,421 (3,227,482) Other governmental 2,558,127 2,558,127 487,073 (2,071,054) Fines and Forfeitures 105,000 105,000 81,591 (23,409)
Use of money and Property 15,988 15,988 262,067 246,079 Miscellaneous 278,339 300,000 578,339 696,828 118,489
Total Revenues 29,899,431 300,000 30,199,431 24,115,081 (6,084,350) Expenditures
Salaries and Benefits (12,472,370) (810,062) (13,282,432) (11,843,970) 1,438,462 Operations and Maintenance (12,007,413) (333,064) (12,340,477) (9,580,383) 2,760,094 Capital Outlay (3,253,545) (360,270) (3,613,815) (2,002,866) 1,610,948 Debt Service (209,086) (209,086) (209,086) 0
Total Expenditures (27,942,414) (1,503,395) (29,445,809) (23,636,305) 5,809,504 Revenues Over (Under) Exp 1,957,017 (1,203,395) 753,622 478,775 (274,846) Transfers In 4,275,196 4,275,196 3,116,513 (1,158,683)
Transfers Out (2,339,541) (2,339,541) (780,000) 1,559,541 Net Change 3,892,672 (1,203,395) 2,689,277 2,815,289 126,012 Begin Balance 18,425,835 18,425,835 18,425,835 -
Ending Balance 22,318,507 (1,203,395) 21,115,112 21,241,124 126,012 General Fund (100) FY 2022-23 Mid-Year
Budge Review, continued
5 General Fund revenue estimates
decreased from the budget due to the
following revenue:
• Licenses and Permits are lower than
anticipated
• Intergovernmental Revenues related
to grant projects have not been
received
General Fund budgeted expenditure
estimates decreased from the budget
due to the following:
• Salary & Benefit Savings due to
vacancies
• Operations and Maintenance Costs
were less than anticipated
• Capital Outlay projects had not
yet been started or have had less
activity to date than expected
FY 2022-23 Mid-Year Adjustments
Sewer Funds (605,606,607)
6 Adopted MidYear Adjusted Estimated Variance
Fiscal Year Adjustments Fiscal Year Fiscal Year
2022-23 2022-23 2022-23 2022-23
Revenues
Service Charges 5,304,236 5,304,236 5,238,360 (65,876)
Other Revenues 131,244 131,244 41,742 (89,502)
Total Revenues 5,435,480 - 5,435,480 5,280,102 (155,378) Expenditures (4,144,562) (938,059) (5,082,621) (4,847,265) 235,357 Operating Balance 1,290,918 (938,059) 352,859 432,838 79,979 Debt Service (610,926) (610,926) (610,926) -
Capital Outlay (13,798,400) (13,798,400) (4,809,379) 8,989,021 Other Financing Sources 2,000,000 2,000,000 1,243,814 (756,186) Transfers In 10,148,743 10,148,743 3,152,544 (6,996,199) Transfers Out (731,328) (731,328) (369,378) 361,950
Changes in Balance (1,700,993) (938,059) (2,639,052) (960,487) 1,678,565 Begin Balance 18,372,655 18,372,655 18,372,655 -
Ending Balance 16,671,662 (938,059) 15,733,603 17,412,168 1,678,565 FY 2022-23 Mid-Year Adjustments
Water Funds (610, 611, 612)
7 Adopted MidYear Adjusted Estimated Variance
Fiscal Year Adjustments Fiscal Year Fiscal Year
2022-23 2022-23 2022-23 2022-23
Revenues
Service Charges 7,441,251 7,441,251 7,131,008 (310,243) Other Revenues 181,405 181,405 566,122 384,717
Total Revenues 7,622,656 - 7,622,656 7,697,130 74,474
Expenditures (4,350,145) (405,194) (4,755,339) (3,921,650) 833,690 Operating Balance 3,272,511 (405,194) 2,867,317 3,775,480 908,163 Debt Service (848,706) (848,706) (848,706) -
Capital Outlay (10,756,625) (10,756,625) (5,428,301) 5,328,324 Other Financing Source 1,930,000 1,930,000 1,930,000 -
Transfers In 963,000 963,000 911,095 (51,905)
Transfers Out (2,809,086) (2,809,086) (2,495,970) 313,116 Changes in Balance (8,248,906) (405,194) (8,654,100) (2,156,402) 6,497,699 Begin Balance 25,133,335 25,133,335 25,133,335 -
Ending Balance 16,884,429 (405,194) 16,479,235 22,976,933 6,497,699 FY 2022-23 Mid-Year Adjustments
Garbage Fund (600)
8 Adopted MidYear Adjusted Estimated Variance
Fiscal Year Adjustments Fiscal Year Fiscal Year
2022-23 2022-23 2022-23 2022-23
Revenues
Service Charges 3,982,292 3,982,292 4,063,226 80,934
Other Revenues 80,384 80,384 20,521 (59,863)
Total Revenues 4,062,676 4,062,676 4,083,747 21,071
Expenditures (3,880,162) (364,620) (4,244,782) (3,735,474) 509,308 Operating Balance 182,514 (364,620) (182,106) 348,273 530,380 Transfers In -
Transfers Out (773,229) (773,229) (496,772) 276,457
Changes in Balance (590,715) (364,620) (955,335) (148,498) 806,837 Begin Balance 1,461,422 1,461,422 1,461,422 -
Ending Balance 870,707 (364,620) 506,087 1,312,924 806,837 FY 2022-23 Mid-Year Adjustments
PPFA Funds (205,252)
9 Adopted MidYear Adjusted Estimated Variance
Fiscal Year Adjustments Fiscal Year Fiscal Year
2022-23 2022-23 2022-23 2022-23
Revenues
Investment Earnings 3,534,684 3,534,684 3,668,402 133,718 Other Revenues - - - -
Total Revenues 3,534,684 - 3,534,684 3,668,402 133,718
Expenditures
Debt Service (6,303,870) (201,000) (6,504,870) (6,504,545) 325 Operating Balance (2,769,186) (201,000) (2,970,186) (2,836,142) 134,044 Transfers In 522,944 522,944 476,712 (46,232)
Transfers Out (1,000,000) (1,000,000) - 1,000,000
Net Change (3,246,242) (201,000) (3,447,242) (2,359,430) 1,087,812 Begin Balance 60,662,321 60,662,321 60,662,321 -
Ending Balance 57,416,079 (201,000) 57,215,079 58,302,891 1,087,812 Questions
&
Staff Recommendations
10 • Questions?
• Adopt a Resolution Approving the Mid-Year Operating and Capital Budget Adjustments for FY 2020-21.