12.B Report Mid-Year Budget Adjustments 2023-12-05 — Pismo Beach City Council, December 5, 2023

PISMO BEACH COUNCIL AGENDA REPORT
Agenda Item #12.B
SUBJECT/TITLE:

BUDGET ADJUSTMENTS FOR FISCAL YEARS 2024 AND 2025
RECOMMENDATION:

Adopt a Resolution approving and appropriating budget adjustments for Fiscal Years 2024 and 2025.

EXECUTIVE SUMMARY:

The City of Pismo Beach operates on a two-year budget cycle, which allows for long-term planning, coordination of multi-year capital projects, and efficiency of staff time as budget preparation only occurs every other year. To maintain accuracy of the budget and update the City’s financial plan, it is important to review and revise it periodically (i.e., every six months) to ensure the budget reflects current revenues received and operating costs and trends. The purpose of this agenda item is to provide an opportunity for the City Council to review, approve, and/or make changes to staff’s recommended mid-year budget adjustments for Fiscal Years (FY) 2024 and 2025, via adoption of a Resolution provided as Attachment 1.

The FY 2024 and FY 2025 proposed mid-year budget adjustments reflect: the 2012 Wastewater Enterprise Fund bond redemption, revenue adjustments, technical corrections, operating costs, workforce development, Information Technology (IT) allocations, a funding source change, and project savings. The net fiscal impact of approving all these changes across all funds is a net additional cost of $3,058,737.16 in FY 2024 and net cost savings of $273,279.50 in FY 2025. Table 1 below illustrates the net fiscal impact for each category and fiscal year, where negative amounts reflect additional costs or reduced revenues, and positive amounts reflect reduced costs or additional revenues.

Table 1: Proposed Mid-Cycle Budget Adjustments Fiscal Impact by Category Category
FY 2024 Proposed
Budget Adjustment
Fiscal Impact
FY 2025 Proposed
Budget Adjustment
Fiscal Impact
2012 Wastewater Bond Redemption (2,926,660.01)$ 393,637.50$ T echnical correction (1,006,392.00) (6,392.00) Revenue (892,728.00) -
Operating costs (190,721.98) (106,466.00)
Workforce Development (29,000.00) (7,500.00)
Funding Source changes - -
IT Allocation - -
Project Savings 1,986,764.83 -
Total Fiscal Im pact (3,058,737.16)$ 273,279.50$ Council Agenda 12-5-2023 12.B-1

2012 Wastewater Bond Redemption
The following proposed budget adjustments reflect the budget transactions necessary to reflect the Series 2012 Wastewater refunding revenue bond redemption. On October 17, 2023, the City Council adopted Resolution R-2023-078 to redeem these bonds effective November 1, 2023. This transaction includes paying off $3,320,000 of the outstanding principal balance plus debt service interest costs. The net fiscal impact of the 2021 Wastewater bond redemption proposed budget adjustment is a net additional cost of $2,926,660 in FY 2024 and ongoing savings of $393,638 in FY 2025 compared to budget.

Table 2 below illustrates the net fiscal impact of the proposed budget adjustments by fund.

Table 2: Proposed Budget Adjustments for 2012 Wastewater Bond Redemption Description Fund
One-time/
Ongoing
FY 2024
Proposed
Budget
Adjustment
FY 2025
Proposed
Budget
Adjustment
Revenues
2012 Wastewater Refunding Revenue bonds -
redeemed, WWTP Bonds Interest
Public Financing Authority
Debt Service
one-time (60,732)$ (94,738)$
2012 Wastewater Refunding Revenue bonds -
redeemed, WWTP Bonds Interest
Wastewater Treatment Fund one-time 267 (295,000)
2012 Wastewater Refunding Revenue bonds -
redeemed, WWTP Bonds Principal
Public Financing Authority
Debt Service
one-time 3,040,000 (295,000)
Subtotal Revenues 2,979,535$ (684,738)$
Expenditures
2012 Wastewater Refunding Revenue bonds -
redeemed
Public Financing Authority
Debt Service
one-time 3,320,000$ -$
2012 Wastewater Refunding Revenue bonds -
redeemed, Urban Futures Continuing
Disclosure for 2012 Wastewater Refunding
Bonds
Wastewater Treatment Fund ongoing (1,900) (1,900)
2012 Wastewater Refunding Revenue bonds -
redeemed, US Bank Bond Trustee for 2012
WW Bonds
Wastewater Treatment Fund ongoing (2,000) (2,000)
2012 Wastewater Refunding Revenue bonds -
redeemed, WWTP Bonds Interest
Public Financing Authority
Debt Service
ongoing (109,113) (94,738)
2012 Wastewater Refunding Revenue bonds -
redeemed, WWTP Bonds Interest
Wastewater Treatment Fund ongoing (60,792) (94,738)
2012 Wastewater Refunding Revenue bonds -
redeemed, WWTP Bonds Principal
Public Financing Authority
Debt Service
ongoing (280,000) (295,000)
2012 Wastewater Refunding Revenue bonds -
redeemed, WWTP Bonds Principal
Wastewater Treatment Fund one-time 3,320,000 (295,000) 2012 Wastewater Refunding Revenue bonds -
redeemed, WWTP Bonds Principal
Wastewater Treatment Fund ongoing (280,000) (295,000) Subtotal Expenditures 5,906,195$ (1,078,375)$
Net Fiscal Impact (Revenues - Expenditures)(2,926,660)$ 393,638$ Council Agenda 12-5-2023 12.B-2

Technical Corrections
The following proposed budget adjustments include technical corrections in FY 2024 and FY 2025. The most significant item is a one-time move of the $1,000,000 Housing in Lieu Fee Fund budget for the 2655 Shell Beach Road affordable housing project from FY 2023 to FY 2024. The other adjustments reflect reallocating the internet portion of the phone budget to the internet account and revising the internet budget to account for updated costs. The net fiscal impact across all funds is an additional cost of $1,006,392 in FY 2024 and $6,392 FY 2024. Table 3 below illustrates the net fiscal impact of the proposed changes by fund.

Table 3: Proposed Budget Adjustments for Technical Corrections

Revenue Adjustments
The following proposed one-time budget adjustments reflect updating revenue budgets based on updated projections in FY 2024 transient occupancy tax (TOT), Lodging Business Improvement District (LBID) assessment revenues, Local Transportation Fund revenues, and legal settlement revenues. The net fiscal impact across all funds for these revenue adjustments is a net reduction of revenues compared to budget by $892,728 in FY 2024. Table 4 below illustrates the net fiscal impact of the proposed budget adjustments by fund, followed by a brief description of the major changes.

Fund Description
One-time/
Ongoing
FY 2024 Proposed
Budget Adjustment
FY 2025 Proposed
Budget Adjustment
Expenditures
General Fund Move phone budget to internet and reflect
increased internet charges
ongoing 3,042$ 3,042$
Housing In Lieu Fee Was moved from FY 2023 as an expense to FY 2024 after CIP carryforwards were done, so
budget was not carried forward.
one-time 1,000,000$ -$
Water Enterprise Fund Move phone budget to internet and reflect increased internet charges
ongoing 530$ 530$
Wastewater Treatment
Fund
Move phone budget to internet and reflect
increased internet charges
ongoing 2,120$ 2,120$
Parking Enterprise Fund Move phone budget to internet and reflect increased internet charges
ongoing 250$ 250$
Technology Service Fund Move phone budget to internet and reflect increased internet charges
ongoing 450$ 450$
Subtotal Expenditures 1,006,392$ 6,392$
Net Fiscal Impact (Revenues - Expenditures)(1,006,392)$ (6,392)$ Council Agenda 12-5-2023 12.B-3

Table 4: Proposed Budget Adjustments for Revenue Adjustments

 Projected TOT revenue adjustment: Anticipating a decrease in Transient Occupancy Tax (TOT) revenues based on the FY 2024 First Quarter Financial Status Report, staff projects a $790,000 shortfall in comparison to the budget. This reduction is attributed to lower room rates, decreased occupancy, and an expected rainy winter. To address this, staff recommends Council de-appropriate $790,000 from the TOT revenue budget in the General Fund.
 LBID Assessment revenue adjustment: The Lodging Business Improvement District (LBID) Fund’s assessment revenues, mirroring the trends in TOT revenues, account for 1% of gross room rental revenues. In light of this correlation, staff recommends that the City Council de-appropriate $269,000 of LBID Assessment revenues in FY 2024 in the LBID Fund.
 LBID Assessment Revenues for Physical Improvements: LBID Fund assessment revenues for physical improvements represents another 1% assessment on gross room rental revenues to support various visitor-serving improvements, following the same trend as TOT revenues. As such, staff recommends that the Council de- appropriate $269,000 of LBID assessment revenues for physical improvements in FY 2024.
 Legal settlement revenues: Legal settlement revenues are non-recurring funds tied to the resolution of legal matters. In FY 2024, two recent settlements have been reached, with $400,000 attributed to the Pismo Beach Self-Storage matter and $175,000 related to the Shell Beach Streetscape project. To accurately account for these settlements, staff recommends appropriating $575,000 in revenues within the General Fund.
 Local Transportation Fund revenues: In light of revised projections from the San Luis Obispo Council of Governments (SLOCOG), the City is anticipated to receive an Fund Title Description
FY 2024 Proposed
Budget Adjustment
General Fund Reduce TOT based on updated projections (790,000)$ General Fund Legal settlement revenues 400,000$
Local Transportation Reduce Local Transportation Fund (LTF) budget based on SLOCOG's LTF annual apportionment
(89,728)$
LBID Fund Reduce projected COPS grant revenues based
on prior year revenues
(50,000)$
LBID Fund Reduce LBID Assessment based on updated
projections
(269,000)$
LBID Fund Reduce LBID Assessment for physical
improvements based on updated projections
(269,000)$
Capital Projects Settlement for Shell Beach Streetscape project 175,000$ Subtotal Revenues (892,728)$
Net Fiscal Impact (Revenues - Expenditures)(892,728)$
Council Agenda 12-5-2023 12.B-4

annual apportionment for the Local Transportation Fund (LTF) that is $89,728 less than the initially budgeted amount for FY 2024. In response to this one-time reduction, staff recommends that the Council modifies the FY 2024 LTF budget by reducing it by $89,728 to accurately reflect the updated revenue estimate.

Operating Costs
The subsequent proposed budget adjustments reflect various projected additional operating costs in FY 2024 and FY 2025. The net fiscal impact across all funds is a net additional cost of $192,722 in FY 2024 and $109,466 in FY 2025. Table 5 below illustrates the net fiscal impact of the proposed changes by fund, followed by a brief description of the major components of this category.

Table 5: Proposed Budget Adjustments for Operating Costs Fund Department Description
One-time/
Ongoing
FY 2024
Proposed
Budget
Adjustment
FY 2025
Proposed
Budget
Adjustment
Revenues
General Fund Public Works Adopt-a-Bench program revenues one-time 15,000$ -$ Motor Vehicle Fund Public Works Vehicle maintenance costs ongoing 2,000 3,000 Subtotal Revenues 15,000$ -$
Expenditures
General Fund Administrative Services Vehicle maintenance costs ongoing 1,000$ 1,500$ General Fund Fire Batteries for Fire's lower emission equipment ongoing 2,700 2,700 General Fund Management Services IGOE Monthly Administration fee for Flex benefit payments
ongoing 1,920 2,016
General Fund Management Services Staff furniture one-time 6,500 - General Fund Police Watchguard Police Body Camera cloud storage one-time 6,000 - General Fund Police 0 ongoing - 4,000
General Fund Public Works Electrical repairs Addie Parking Lot one-time 5,000 - General Fund Public Works Increase in boot budget and cost of safety equipment
ongoing 3,000 3,000
General Fund Public Works Increase in event restroom rentals one-time - 3,000 General Fund Public Works Paint interior of Bello Vets Hall one-time 10,000 - General Fund Public Works Purchase gas powered equipment: weed eaters, blowers, etc. for Parks
one-time 12,000 -
General Fund Public Works Station 63 Project - landscaping one-time 4,000 - General Fund Public Works Tree trimming emergency services city-wide ongoing 25,000 10,000 General Fund Public Works Adopt-a-Bench program - purchase 5 benches one-time 15,000 - Water Enterprise Fund Public Works Codification change to reflect updated Sewer Use Ordinance
one-time 1,000 -
Water Enterprise Fund Public Works Wastewater Treatment Plant Supplies & Maintenance additional costs
ongoing 15,000 20,000
Water Enterprise Fund Public Works Water and wastewater rate study, consultant and prop 218 mailings
one-time 4,187 -
Wastewater Treatment
Fund
Public Works Replace air vacs and saddles that have had critical failures resulting in sewage spills
one-time 30,000 30,000
Pier Enterprise Fund Public Works Electrical repairs on Pier one-time 5,000 - Pier Enterprise Fund Public Works Replacement bollards at Pier parking lot one-time 9,500 - Parking Enterprise Fund Police Vehicle maintenance costs ongoing 1,000 1,500 Technology Service Fund Administrative Services Add Zoom Web Conference Subscription for Council and Advisory Board meetings
one-time 6,048 6,350
Technology Service Fund Administrative Services Encryption of Police radio channel and reprogramming of all Police radios with the
encrypted channels of other agencies in the County
one-time 28,800 -
Technology Service Fund Administrative Services Static IP address registered to the City for Police Licenes Plate Reader (LPR) system
ongoing 1,400 2,400
Technology Service Fund Administrative Services Watchguard Police Body Camera cloud storage ongoing 11,667 20,000 Motor Vehicle Fund Public Works Add IT vehicle budget, reduce Building vehicle budget
one-time - -
Motor Vehicle Fund Public Works Vehicle maintenance costs ongoing 2,000 3,000 Subtotal Expenditures 207,722$ 109,466$
Net Fiscal Impact (Revenues - Expenditures)(192,722)$ (109,466)$ Council Agenda 12-5-2023 12.B-5

 Wastewater air vacs and saddles replacement: Allocate $30,000 in both FY 2024 and FY 2025 from the Wastewater Enterprise Fund to address critical failures in air vacs and saddles due to pipe metal degradation. This one-time investment aims to prevent potential sewage spills by fully replacing air vacs and saddles across the entire line that were installed simultaneously.
 Police Radio Encryption Upgrade: Invest $28,800 in FY 2024 to encrypt the Police radio channel and reprogram all Police radios as part of a mandatory upgrade project with the County. This initiative includes acquiring Police encryption licenses and keys, reprogramming existing radios, implementing encryption for parking staff's new radios, and providing new radios with encryption for Public Works field staff and the City Clerk, who serves as the City's Emergency Operations Center representative.  City-Wide Tree Trimming Services: Add $25,000 in FY 2024 and $10,000 in FY 2025 for tree trimming services City-wide.
 Police Watchguard Body Camera Cloud Storage Solution: Invest $17,667 in FY 2024 and $24,000 in FY 2025 for the Police Watchguard Body camera cloud storage solution. This includes a one-time $6,000 cost to implement the cloud storage solution, $10,500 in FY 2024 and $18,000 for a full year in FY 2025 of ongoing internet increased internet bandwidth costs, and $1,167 in FY 2024 and $6,000 in FY 2025 for ongoing license and support fees.
 Adopt-a-Bench Program: Add $15,000 for Adopt-a-Bench program expenditures and corresponding revenues to purchase new and replacement benches.  Parks Equipment: Add $12,000 in FY 2024 for the purchase of gas-powered equipment weed eaters, blowers, and other equipment for the City’s Parks activity.  Veterans Hall Interior Painting: Add $10,000 in FY 2024 to paint the interior of the Pismo Beach Bello Street Veterans Hall to address damage on the interior of the building.
 Pier Plaza Parking Lot Bollard Replacement: Add $9,500 in FY 2024 to replace the bollards in the Pier Plaza parking lot, ensuring safety and functionality.

Workforce Development
The following proposed budget adjustments include workforce development costs in FY 2024 and FY 2025, including a net additional cost of $29,000 in FY 2024 and $7,500 in FY 2025. Table 6 below illustrates the net fiscal impact of the proposed changes by fund, followed by a brief description of the proposed adjustments.

Council Agenda 12-5-2023 12.B-6

Table 6: Proposed Budget Adjustments for Workforce Development Public Works Facilities Division Workforce Development: Incorporate an additional $4,000 in FY 2024 and $2,500 in FY 2025 into the General Fund budget for mandatory Class B license training, Facilities Manager training, and attendance at a management conference, enhancing the skill set and knowledge base of the Public Works Facilities team.
Public Works safety boot allowance: Allocate an extra $5,000 in both FY 2024 and FY 2025 within the budget to cover the safety boot allowance for Public Works staff. This adjustment accounts for updated costs associated with boots and related materials, ensuring that employees have the necessary safety gear. City-wide Software training: Increase the Technology Services Fund by $20,000 beyond the existing training budget to facilitate professional, citywide software training for all departments. Given technological advancements and staff turnover, it is imperative to periodically train employees on the latest software programs, including Microsoft Office 365, Adobe Acrobat, and Laserfiche, which are integral to the efficient functioning of most City operations.

IT Cost Allocation
The subsequent proposed budget adjustments reflect allocating costs budgeted in the Technology Services Fund to all the other City funds. For any proposed budget adjustments that impact the Technology Services Fund, these costs are allocated to other funds based on the type of expenditure. The fiscal impact across all funds is $0, and the impact to each fund is illustrated in Table 7.

Fund Description
One-time/
Ongoing
FY 2024 Proposed
Budget Adjustment
FY 2025 Proposed
Budget Adjustment
Expenditures
General Fund Class B License Training one-time 3,500$ -$ General Fund Facilities Manager Travel/Training ongoing 500$ 1,000$ General Fund Increased boot budget safety equipment one-time 5,000$ 5,000$ General Fund Training, MMASC Conference ongoing -$ 1,500$ Technology Service Fund Citywide Software training - Office 365, Adobe Acrobat, Laserfiche.
one-time 20,000$ -$
Subtotal Expenditures 29,000$ 7,500$
Net Fiscal Impact (Revenues - Expenditures)(29,000)$ (7,500)$ Council Agenda 12-5-2023 12.B-7

Table 7: Proposed Budget Adjustments for Carryforward Vehicle Budgets Funding Source Change
The following proposed budget adjustments reflect shifting $18,536 of General Fund support of the Paving project to the Gas Tax Fund. This modification aligns with the projection of additional funds available in the Gas Tax Fund, specifically the Senate Bill 1 Road Maintenance and Rehabilitation Account, earmarked for road maintenance and rehabilitation. These adjustments result in a corresponding increase of $18,536 in the Gas Tax Fund expenditure budget and a parallel reduction in the General Fund expenditure budget, inclusive of related transfers between funds, for FY 2024, as detailed in Table 8.

Table 8: Proposed Budget Adjustments for Funding Source Change Fund
One-time/
Ongoing
FY 2024 Proposed
Budget Adjustment
FY 2025 Proposed
Budget Adjustment
Revenues
Technology Service Fund ongoing 68,365$ 29,200$
Subtotal Revenues 68,365$ 29,200$
Expenditures
General Fund ongoing 53,865$ 28,190$
Lodging Business Improvement ongoing - -
Chapman Estate Fund ongoing - -
Water Enterprise Fund ongoing 5,987 21
Wastewater Treatment Fund ongoing 5,845 21
Parking Enterprise Fund ongoing 2,523 965
Technology Service Fund ongoing - -
Motor Vehicle Fund ongoing 145 3
Subtotal Expenditures 68,365$ 29,200$
Net Fiscal Impact (Revenues - Expenditures)-$ -$
Fund
FY 2024 Proposed
Budget Adjustment
FY 2025 Proposed
Budget Adjustment
Revenues
Capital Projects -$ -$
Subtotal Revenues -$ -$
Expenditures
General Fund (18,536)$ -$
Gas Tax Fund 18,536 -
Subtotal Expenditures -$ -$
Net Fiscal Impact (Revenues - Expenditures)-$ -$
Council Agenda 12-5-2023 12.B-8

Project Savings
The following proposed budget adjustments reflect various one-time project adjustments to existing projects to reflect cost savings from completing and deferring projects. The largest project de-appropriations are in the Parking Enterprise Fund, including $1,198,916.28 from the Parking Garage/Parking Inventory project and $750,000 from the Parking property paving project. Staff recommends de-appropriating these costs as these projects are delayed due to the use of $4.00 million from the Parking Enterprise Fund to support the Public Safety Facility. Table 9 below illustrates the net fiscal impact of the proposed changes by fund.

Table 9: Proposed Budget Adjustments for Project Savings

Conclusion and Recommendation
Staff recommends that the City Council adopt a Resolution (Attachment 1) approving and appropriating budget adjustments for FY 2024 and FY 2025.

FISCAL IMPACT:

The net fiscal impact of approving the attached Resolution (Attachments 1) across all funds is net additional costs of $3,058,737.16 in FY 2024 and net cost savings of $273,279.50 in FY 2025. All funds have sufficient fund balances to support the one-time costs and net operating surpluses sufficient to support the ongoing costs. Table 10 below illustrates the proposed revenue and expenditure budget adjustments by fund and fiscal year.

Fund Project Description
FY 2024 Proposed
Budget Adjustment
Revenues
Technology Service Fund Microsoft Office 365 De-appropriate, project completed $ (5,802.73) Subtotal Revenues (5,802.73)$
Expenditures
General Fund Economic Impact Study De-appropriate, project completed $ (26,960.82) General Fund Microsoft Office 365 De-appropriate, project completed (5,802.73) Parking Enterprise Fund Parking Garage De-appropriate remaining parking land purchase budget
(1,198,916.28)
Parking Enterprise Fund Parking Mgmt Study De-appropriate - parking management plan completed
(5,085.00)
Parking Enterprise Fund Parking property paving De-appropriate - parking property paving (750,000.00) Technology Service Fund Microsoft Office 365 De-appropriate, project completed (5,802.73) Subtotal Expenditures (1,992,567.56)$
Net Fiscal Impact (Revenues - Expenditures)1,986,764.83$ Council Agenda 12-5-2023 12.B-9

Table 10: Proposed Mid-Cycle Budget Adjustments

ALTERNATIVES:

1. Approve some of the proposed mid-cycle budget adjustments.

2. Do not approve the proposed mid-cycle budget adjustments; provide alternative direction to staff.

Fund Title Type
FY 2024 Proposed
Budget Adjustment
FY 2025 Proposed
Budget Adjustment
General Fund Rev (200,000.00)
General Fund Exp 106,872.45 64,951.00
Subtotal General Fund Net (306,872.45) (64,951.00) Gas Tax Fund Exp 18,536.00
Subtotal Gas Tax Fund Net (18,536.00) -
Local Transportation Rev (89,728.00)
Subtotal Local Transportation Net (89,728.00)
Grants - Non-Capital Rev (50,000.00)
Subtotal Grants - Non-Capital Net (50,000.00)
Housing In Lieu Fee Exp 1,000,000.00
Subtotal Housing In Lieu Fee Net (1,000,000.00) - LBID Fund Rev (538,000.00)
LBID Fund Exp - -
Subtotal LBID Fund Net (538,000.00) -
Chapman Estate Fund Exp - -
Subtotal Chapman Estate Fund Net - - Capital Projects Rev -
Subtotal Capital Projects Net -
Public Financing Authority Debt Service Rev 2,979,267.72 (389,737.50) Public Financing Authority Debt Service Exp 2,930,887.50 (389,737.50) Subtotal Public Financing Authority Debt Service Net 48,380.22 - Water Enterprise Fund Exp 26,703.98 20,551.00 Water Enterprise Fund Total Net (26,703.98) (20,551.00) Wastewater Treatment Fund Rev 267.49 (295,000.00) Wastewater Treatment Fund Exp 3,013,272.72 (656,496.50) Subtotal Wastewater Treatment Fund Net (3,013,005.23) 361,496.50 Pier Enterprise Fund Exp 14,500.00
Subtotal Pier Enterprise Fund Net (14,500.00) - Parking Enterprise Fund Exp (1,950,228.28) 2,715.00 Subtotal Parking Enterprise Fund Net 1,950,228.28 (2,715.00) Technology Service Fund Rev 62,562.27 29,200.00 Technology Service Fund Exp 62,562.27 29,200.00 Subtotal Technology Service Fund Net 0.00 - Motor Vehicle Fund Rev 2,000.00 3,000.00 Motor Vehicle Fund Exp 2,000.00 3,000.00 Subtotal Motor Vehicle Fund Net - - T otal All Funds (3,058,737.16)$ 273,279.50$
Council Agenda 12-5-2023 12.B-10

ATTACHMENTS:

1. Resolution for Mid-Year Budget Adjustments

1.A. Exhibit A to Resolution: Summary of Budget Adjustments by Fund and Fiscal Year for FY 2024 and FY 2025
Submitted by: Meeting Date: December 5, 2023
Nadia Feeser, Administrative Services Director
City Manager Approval:

Council Agenda 12-5-2023 12.B-11

RESOLUTION NO. R-2023-XXX

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PISMO BEACH,

CALIFORNIA APPROVING AND APPROPRIATING BUDGET ADJUSTMENTS FOR FISCAL YEARS 2024 AND 2025
WHEREAS, the City of Pismo Beach operates on a two-year budget cycle, which allows for long-term planning, coordination of multi-year capital projects, and efficiency of staff time as budget preparation only occurs every other year; and WHEREAS, in order to maintain accuracy of the budget and update the City’s financial plan, it is important to review and revise it periodically to ensure the budget reflects current revenues received and operating costs and trends; and
WHEREAS, City staff proposes mid-year budget adjustments to reflect updated projections and estimates to the FY 2024 and FY 2025 budgets; and WHEREAS, the FY 2024 and FY 2025 proposed budget adjustments reflect the 2012 Wastewater Enterprise Fund bond redemption, revenue adjustments, technical corrections, operating costs, workforce development, and Information Technology (IT) allocations, funding source changes, and project savings; and WHEREAS, the net fiscal impact of the mid-year budget adjustments across all funds is net additional costs of $3,058,737.16 in FY 2024 and a net cost savings of $273,279.50 in FY 2025.

NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Pismo Beach hereby appropriates changes in revenues and expenditures for FY 2024 and FY 2025 as summarized in the table below, and detailed in attached Exhibit A, which by this reference are made a part hereof. This table and attached exhibit include net additional costs of $3,058,737.16 in FY 2024 and net cost savings of $273,279.50 in FY 2025 across all funds, to reflect the Council-approved budget adjustments.

BE IT FURTHER RESOLVED that the City Council of the City of Pismo Beach hereby appropriates any transfers or allocations between funds necessary to implement these Council-approved adjustments for FY 2024 and FY 2025.

UPON MOTION OF Council Member , seconded by Council Member , the foregoing resolution was adopted by the City Council of the City of Pismo Beach this 5th day of December 2023, by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

RECUSED:

Fund Title Type
FY 2024 Proposed
Budget Adjustment
FY 2025 Proposed
Budget Adjustment
Housing In Lieu Fee Exp 1,000,000.00
Subtotal Housing In Lieu Fee Net (1,000,000.00) -
LBID Fund Rev (538,000.00)
LBID Fund Exp - -
Subtotal LBID Fund Net (538,000.00) -
Chapman Estate Fund Exp - -
Subtotal Chapman Estate Fund Net - -
Capital Projects Rev -
Subtotal Capital Projects Net -
Public Financing Authority Debt Service Rev 2,979,267.72 (389,737.50) Public Financing Authority Debt Service Exp 2,930,887.50 (389,737.50) Subtotal Public Financing Authority Debt Service Net 48,380.22 - Water Enterprise Fund Exp 26,703.98 20,551.00
Water Enterprise Fund Total Net (26,703.98) (20,551.00) Wastewater Treatment Fund Rev 267.49 (295,000.00) Wastewater Treatment Fund Exp 3,013,272.72 (656,496.50) Subtotal Wastewater Treatment Fund Net (3,013,005.23) 361,496.50 Pier Enterprise Fund Exp 14,500.00
Subtotal Pier Enterprise Fund Net (14,500.00) -
Parking Enterprise Fund Exp (1,950,228.28) 2,715.00
Subtotal Parking Enterprise Fund Net 1,950,228.28 (2,715.00) Technology Service Fund Rev 62,562.27 29,200.00
Technology Service Fund Exp 62,562.27 29,200.00
Subtotal Technology Service Fund Net 0.00 -
Motor Vehicle Fund Rev 2,000.00 3,000.00
Motor Vehicle Fund Exp 2,000.00 3,000.00
Subtotal Motor Vehicle Fund Net - -
Total All Funds (3,058,737.16)$ 273,279.50$
Attachment 1
Council Agenda 12-5-2023 12.B-13

Approved: Attest:
________________________ ________________________
Ed Waage, Mayor Erica Inderlied, City Clerk
Attachment 1
Council Agenda 12-5-2023 12.B-14

Mid-Year Budget Adjustments December 5, 2023
Category Report
Description
Fund Fund Title Dept Title Account Account Description Project Title One-time/ Ongoing
FY 2024
Budget
Adjustment
FY 2025
Budget
Adjustment
2012
Wastewater
Bond
Redemption
2012
Wastewater
Refunding
Revenue
bonds -
redeemed
4001 Public
Financing
Authority Debt
Service
Debt Service 57009 Oth Fin Use-Early
Redem
No Project one-time 3,320,000.00
2012
Wastewater
Bond
Redemption
2012
Wastewater
Refunding
Revenue
bonds -
redeemed,
Urban Futures
Continuing
Disclosure for
2012
Wastewater
Refunding
Bonds
6201 Wastewater
Treatment
Fund
Debt Service 52101 Professional
Services
No Project ongoing
(1,900.00) (1,900.00)
2012
Wastewater
Bond
Redemption
2012
Wastewater
Refunding
Revenue
bonds -
redeemed, US
Bank Bond
Trustee for
2012 WW
Bonds
6201 Wastewater
Treatment
Fund
Debt Service 52103 Bond Trustee No Project ongoing
(2,000.00) (2,000.00)
Attachment 1.A
Council Agenda 12-5-2023 12.B-15

Category Report
Description
Fund Fund Title Dept Title Account Account Description Project Title One-time/ Ongoing
FY 2024
Budget
Adjustment
FY 2025
Budget
Adjustment
2012
Wastewater
Bond
Redemption
2012
Wastewater
Refunding
Revenue
bonds -
redeemed,
WWTP Bonds
Interest
4001 Public
Financing
Authority Debt
Service
Debt Service 44003 Loan Interest No Project one-time
(60,732.28) (94,737.50)
2012
Wastewater
Bond
Redemption
2012
Wastewater
Refunding
Revenue
bonds -
redeemed,
WWTP Bonds
Interest
4001 Public
Financing
Authority Debt
Service
Debt Service 57002 Interest No Project ongoing
(109,112.50) (94,737.50)
2012
Wastewater
Bond
Redemption
2012
Wastewater
Refunding
Revenue
bonds -
redeemed,
WWTP Bonds
Interest
6201 Wastewater
Treatment
Fund
General
Government
44001 Interest No Project one-time
267.49 (295,000.00)
2012
Wastewater
Bond
Redemption
2012
Wastewater
Refunding
Revenue
bonds -
redeemed,
WWTP Bonds
Interest
6201 Wastewater
Treatment
Fund
Debt Service 57002 Interest No Project ongoing
(60,792.28) (94,737.50)
2012
Wastewater
Bond
Redemption
2012
Wastewater
Refunding
Revenue
bonds -
redeemed,
WWTP Bonds
Principal
4001 Public
Financing
Authority Debt
Service
Debt Service 44119 Loan Proceeds No Project one-time
3,040,000.00 (295,000.00)
Attachment 1.A
Council Agenda 12-5-2023 12.B-16

(295,000.00)
2012
Wastewater
Bond
Redemption
2012
Wastewater
Refunding
Revenue
bonds -
redeemed,
WWTP Bonds
Principal
6201 Wastewater
Treatment
Fund
Debt Service 57001 Principal No Project ongoing
(280,000.00)

(295,000.00)
2012
Wastewater
Bond
Redemption
2012
Wastewater
Refunding
Revenue
bonds -
redeemed,
WWTP Bonds
Principal
6201 Wastewater
Treatment
Fund
Debt Service 57009 Oth Fin Use-Early
Redem
No Project one-time
3,320,000.00

(295,000.00)
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
1001 General Fund City Manager 52206 Phone No Project ongoing (468.00)

(468.00)
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
1001 General Fund City Manager 52206 Phone No Project ongoing (1,800.00)

(1,800.00)
Attachment 1.A
Council Agenda 12-5-2023 12.B-17

Category Report
Description
Fund Fund Title Dept Title Account Account Description Project Title One-time/ Ongoing
FY 2024
Budget
Adjustment
FY 2025
Budget
Adjustment
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
1001 General Fund City Manager 52219 Internet No Project ongoing 530.00 530.00
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
1001 General Fund City Manager 52219 Internet No Project ongoing 2,650.00 2,650.00
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
1001 General Fund Fire 52206 Phone No Project ongoing
(480.00) (480.00)
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
1001 General Fund Fire 52219 Internet No Project ongoing 1,550.00 1,550.00
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
1001 General Fund Public Works 52219 Internet No Project ongoing 530.00 530.00
Attachment 1.A
Council Agenda 12-5-2023 12.B-18

530.00
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
6101 Water
Enterprise
Fund
Public Works 52219 Internet No Project ongoing
530.00

530.00
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
6201 Wastewater
Treatment
Fund
Public Works 52219 Internet No Project ongoing
2,120.00

2,120.00
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
6501 Parking
Enterprise
Fund
Police 52206 Phone No Project ongoing
(2,450.00)

(2,450.00)
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
6501 Parking
Enterprise
Fund
Police 52219 Internet No Project ongoing
2,700.00

2,700.00
Attachment 1.A
Council Agenda 12-5-2023 12.B-19

350.00
Technical
correction
Move phone
budget to
internet and
reflect
increased
internet
charges
7101 Technology
Service Fund
Administrative
Services
52308 Radio Maintenance No Project ongoing
100.00

100.00
Technical
correction
Was moved
from FY 2023
as an expense
to FY 2024
after CIP
carryforwards
were done, so
budget was not
carried
forward.
2005 Housing In
Lieu Fee
Community
Development
58008 Other Financing
Uses
Affordable
Housing
2655 Shell
one-time
1,000,000.00

Revenue Legal
settlement
revenues
1001 General Fund General
Government
48001 Misc Revenue No Project one-time
400,000.00

Revenue Reduce LBID
Assessment
based on
updated
projections
2006 Lodging
Business
Improvement
General
Government
41601 LBID Assessment
Revenue
No Project one-time
(269,000.00)

Revenue Reduce LBID
Assessment
for physical
improvements
based on
updated
projections
2006 Lodging
Business
Improvement
General
Government
41604 LBID Assessment-
Improvements
No Project one-time
(269,000.00)

Attachment 1.A
Council Agenda 12-5-2023 12.B-20

Category Report
Description
Fund Fund Title Dept Title Account Account Description Project Title One-time/ Ongoing
FY 2024
Budget
Adjustment
FY 2025
Budget
Adjustment
Revenue Reduce Local
Transportation
Fund (LTF)
budget based
on SLOCOG's
LTF annual
apportionment
2002 Local
Transportation
General
Government
45301 Local Transp Tax No Project one-time
(88,181.00)

Revenue Reduce Local
Transportation
Fund (LTF)
budget based
on SLOCOG's
LTF annual
apportionment
2002 Local
Transportation
General
Government
45302 LTF-Bikepaths No Project one-time
(1,547.00)

Revenue Reduce
projected
COPS grant
revenues
based on prior
year revenues
2004 Grants - Non-
Capital
Police 45201 State Gov't Grants SLESF-
COPS Grant
one-time
(50,000.00)

Revenue Reduce TOT
based on
updated
projections
1001 General Fund General
Government
41301 Trans Occupancy
Tax
No Project one-time
(790,000.00)

Revenue Settlement for
Shell Beach
Streetscape
project
1001 General Fund Public Works 48001 Misc Revenue Shell Beach Streetscape
one-time
175,000.00

Operating
costs
Add IT vehicle
budget, reduce
Building
vehicle budget
7201 Motor Vehicle
Fund
Public Works 56003 Cap Outlay-
Automotive
No Project one-time
36,783.43

Operating
costs
Add IT vehicle
budget, reduce
Building
vehicle budget
7201 Motor Vehicle
Fund
Public Works 56003 Cap Outlay-
Automotive
No Project one-time
(36,783.43)

Attachment 1.A
Council Agenda 12-5-2023 12.B-21

Category Report
Description
Fund Fund Title Dept Title Account Account Description Project Title One-time/ Ongoing
FY 2024
Budget
Adjustment
FY 2025
Budget
Adjustment
Operating
costs
Add Zoom
Web
Conference
Subscription
for Council and
Advisory Board
meetings
7101 Technology
Service Fund
Administrative
Services
52201 Contract Services No Project one-time
6,048.00

6,350.00
Operating
costs
Adopt-a-Bench
program -
purchase 5
benches
1001 General Fund Public Works 52306 Operating Supp &
Maint
Adopt-A-
Bench
one-time
15,000.00

Operating
costs
Adopt-a-Bench
program
revenues
1001 General Fund Public Works 48005 Adopt A Bench No Project one-time 15,000.00

Operating
costs
Batteries for
Fire's lower
emission
equipment
1001 General Fund Fire 52306 Operating
Supply&Maintenance
No Project ongoing
2,700.00

2,700.00
Operating
costs
Codification
change to
reflect updated
Sewer Use
Ordinance
6101 Water
Enterprise
Fund
Public Works 52202 Codification No Project one-time
1,000.00

Operating
costs
Electrical
repairs Addie
Parking Lot
1001 General Fund Public Works 52313 Major Repair & Maint No Project one-time $5,000.00 Operating
costs
Electrical
repairs on Pier
6401 Pier
Enterprise
Fund
Public Works 52313 Major Repair & Maint No Project one-time $5,000.00 Operating
costs
Encryption of
Police radio
channel and
reprogramming
of all Police
radios with the
encrypted
channels of
other agencies
in the County
7101 Technology
Service Fund
Administrative
Services
52308 Radio Maintenance No Project one-time
28,800.00

Attachment 1.A
Council Agenda 12-5-2023 12.B-22

Category Report
Description
Fund Fund Title Dept Title Account Account Description Project Title One-time/ Ongoing
FY 2024
Budget
Adjustment
FY 2025
Budget
Adjustment
Operating
costs
IGOE Monthly
Administration
fee for Flex
benefit
payments
1001 General Fund Management
Services
52201 Contract Services No Project ongoing
1,920.00

2,016.00
Operating
costs
Increase in
boot budget
and cost of
safety
equipment
1001 General Fund Public Works 52304 Safety Equipment No Project ongoing $3,000.00 $3,000.00 Operating
costs
Increase in
event restroom
rentals
1001 General Fund Public Works 52201 Contract Services No Project one-time $3,000.00 Operating
costs
Paint interior of
Bello Vets Hall
1001 General Fund Public Works 52336 Vets Hall Op
Supplies & Maint
No Project one-time $10,000.00
Operating
costs
Purchase gas
powered
equipment:
weed eaters,
blowers, etc.
for Parks
1001 General Fund Public Works 52314 Minor Equipment No Project one-time $12,000.00 Operating
costs
Replace air
vacs and
saddles that
have had
critical failures
resulting in
sewage spills
6201 Wastewater
Treatment
Fund
Public Works 52335 Collection System
Maintenance
No Project one-time
30,000.00

30,000.00
Operating
costs
Replacement
bollards at Pier
parking lot
6401 Pier
Enterprise
Fund
Public Works 52313 Major Repair & Maint No Project one-time $9,500.00 Operating
costs
Staff furniture 1001 General Fund Management
Services
52301 Office Supplies No Project one-time
6,500.00

Attachment 1.A
Council Agenda 12-5-2023 12.B-23

Category Report
Description
Fund Fund Title Dept Title Account Account Description Project Title One-time/ Ongoing
FY 2024
Budget
Adjustment
FY 2025
Budget
Adjustment
Operating
costs
Static IP
address
registered to
the City for
Police License
Plate Reader
(LPR) system
7101 Technology
Service Fund
Administrative
Services
52219 Internet No Project ongoing
1,400.00

2,400.00
Operating
costs
Station 63
Project -
landscaping
1001 General Fund Public Works 52311 Bldg. & Grounds
Oper S&M
No Project one-time $4,000.00
Operating
costs
Tree trimming
emergency
services city-
wide
1001 General Fund Public Works 52201 Contract Services No Project ongoing $25,000.00 $10,000.00 Operating
costs
Vehicle
maintenance
costs
1001 General Fund Administrative
Services
52380 MV Operations No Project ongoing
1,000.00

1,500.00
Operating
costs
Vehicle
maintenance
costs
6501 Parking
Enterprise
Fund
Police 52380 MV Operations No Project ongoing
1,000.00

1,500.00
Operating
costs
Vehicle
maintenance
costs
7201 Motor Vehicle
Fund
Public Works 46712 MV Rental Charge No Project ongoing
2,000.00

3,000.00
Operating
costs
Vehicle
maintenance
costs
7201 Motor Vehicle
Fund
Public Works 52390 MV Repairs -
Parking
No Project ongoing
1,000.00

1,500.00
Operating
costs
Vehicle
maintenance
costs
7201 Motor Vehicle
Fund
Public Works 52393 MV Repairs -
Administration
No Project ongoing
1,000.00

1,500.00
Operating
costs
Wastewater
Treatment
Plant Supplies
& Maintenance
additional
costs
6101 Water
Enterprise
Fund
Public Works 52324 Water sys Supp &
Maintenance
No Project ongoing
15,000.00

20,000.00
Operating
costs
Watchguard
Police Body
Camera cloud
storage
1001 General Fund Police 52201 Contract Services No Project ongoing 4,000.00
Attachment 1.A
Council Agenda 12-5-2023 12.B-24

Category Report
Description
Fund Fund Title Dept Title Account Account Description Project Title One-time/ Ongoing
FY 2024
Budget
Adjustment
FY 2025
Budget
Adjustment
Operating
costs
Watchguard
Police Body
Camera cloud
storage
1001 General Fund Police 56001 Cap Outlay-Mach &
Equip
Body
Camera
Replacement
one-time
6,000.00
Operating
costs
Watchguard
Police Body
Camera cloud
storage
7101 Technology
Service Fund
Administrative
Services
52201 Contract Services No Project ongoing
1,167.00 2,000.00
Operating
costs
Watchguard
Police Body
Camera cloud
storage
7101 Technology
Service Fund
Administrative
Services
52219 Internet No Project ongoing
10,500.00 18,000.00
Operating
costs
Water and
wastewater
rate study,
consultant, and
prop 218
mailings
6101 Water
Enterprise
Fund
Public Works 52101 Professional
Services
Water WW
Rate Study
one-time
2,093.48
Operating
costs
Water and
wastewater
rate study,
consultant and
prop 218
mailings
6101 Water
Enterprise
Fund
Public Works 52101 Professional
Services
Water WW
Rate Study
one-time
2,093.50
Workforce
Development
Citywide
Software
training - Office
365, Adobe
Acrobat,
Laserfiche.
7101 Technology
Service Fund
Administrative
Services
52225 Misc Schools &
Training
No Project one-time
20,000.00
Workforce
Development
Class B
License
Training
1001 General Fund Public Works 52225 Misc Schools &
Training
No Project one-time $3,500.00
Workforce
Development
Facilities
Manager
Travel/Training
1001 General Fund Public Works 52225 Misc Schools &
Training
No Project ongoing $500.00 $1,000.00
Workforce
Development
Increased boot
budget safety
equipment
1001 General Fund Public Works 52304 Safety Equipment No Project one-time $5,000.00 $5,000.00 Attachment 1.A
Council Agenda 12-5-2023 12.B-25

Category Report
Description
Fund Fund Title Dept Title Account Account Description Project Title One-time/ Ongoing
FY 2024
Budget
Adjustment
FY 2025
Budget
Adjustment
Workforce
Development
Training,
MMASC
Conference
1001 General Fund Public Works 52225 Misc Schools &
Training
No Project ongoing $1,500.00
IT Allocation IT Allocation 1001 General Fund City Council 52412 Technology Costs No Project ongoing 434.00

7.00 IT Allocation IT Allocation 1001 General Fund City Manager 52412 Technology Costs No Project ongoing 289.00

5.00 IT Allocation IT Allocation 1001 General Fund City Manager 52412 Technology Costs No Project ongoing 2,232.00

1,289.00
IT Allocation IT Allocation 1001 General Fund Management Services
52412 Technology Costs No Project ongoing
7,992.00

1,925.00
IT Allocation IT Allocation 1001 General Fund Management Services
52412 Technology Costs No Project ongoing
470.00

8.00 IT Allocation IT Allocation 1001 General Fund Administrative Services
52412 Technology Costs No Project ongoing
1,228.00

21.00 IT Allocation IT Allocation 1001 General Fund Police 52412 Technology Costs No Project ongoing 26,709.00

22,553.00
IT Allocation IT Allocation 1001 General Fund Fire 52412 Technology Costs No Project ongoing 723.00

12.00 IT Allocation IT Allocation 1001 General Fund Fire 52412 Technology Costs No Project ongoing 162.00

20.00 IT Allocation IT Allocation 1001 General Fund Public Works 52412 Technology Costs No Project ongoing 1,879.00

32.00 IT Allocation IT Allocation 1001 General Fund Public Works 52412 Technology Costs No Project ongoing 5,768.00

13.00 IT Allocation IT Allocation 1001 General Fund Public Works 52412 Technology Costs No Project ongoing 1,070.00

969.00
IT Allocation IT Allocation 1001 General Fund Public Works 52412 Technology Costs No Project ongoing 148.00

6.00 IT Allocation IT Allocation 1001 General Fund Community Development
52412 Technology Costs No Project ongoing
2,593.00

1,294.00
IT Allocation IT Allocation 1001 General Fund Community Development
52412 Technology Costs No Project ongoing
1,012.00

17.00 IT Allocation IT Allocation 1001 General Fund Community Development
52412 Technology Costs No Project ongoing
1,301.00

22.00 IT Allocation IT Allocation 6101 Water
Enterprise
Fund
Administrative
Services
52412 Technology Costs No Project ongoing

72.00 1.00
Attachment 1.A
Council Agenda 12-5-2023 12.B-26

Category Report
Description
Fund Fund Title Dept Title Account Account Description Project Title One-time/ Ongoing
FY 2024
Budget
Adjustment
FY 2025
Budget
Adjustment
IT Allocation IT Allocation 6101 Water
Enterprise
Fund
Public Works 52412 Technology Costs No Project ongoing
5,915.00

20.00 IT Allocation IT Allocation 6201 Wastewater
Treatment
Fund
Administrative
Services
52412 Technology Costs No Project ongoing

72.00 1.00
IT Allocation IT Allocation 6201 Wastewater
Treatment
Fund
Public Works 52412 Technology Costs No Project ongoing
5,773.00

20.00 IT Allocation IT Allocation 6501 Parking
Enterprise
Fund
Police 52412 Technology Costs No Project ongoing
2,523.00

965.00
IT Allocation IT Allocation 7101 Technology
Service Fund
General
Government
46401 IT Service Charges No Project ongoing
68,365.00

29,200.00
Funding
Source
changes
Increase
transfer from
Gas Tax Fund
for Paving
project, reduce
General Fund
support
1001 General Fund Public Works 59301 Transfer Out Cap
Project
FY 2022
Paving
Project
one-time
(18,536.00)

Funding
Source
changes
Increase
transfer from
Gas Tax Fund
for Paving
project, reduce
General Fund
support
2001 Gas Tax Fund Public Works 59301 Transfer Out Cap
Project
FY 2022
Paving
Project
one-time
18,536.00

Funding
Source
changes
Increase
transfer from
Gas Tax Fund
for Paving
project, reduce
General Fund
support
3001 Capital
Projects
Public Works 49101 Transfer In General
Fund
FY 2022
Paving
Project
one-time
(18,536.00)

Attachment 1.A
Council Agenda 12-5-2023 12.B-27

Category Report
Description
Fund Fund Title Dept Title Account Account Description Project Title One-time/ Ongoing
FY 2024
Budget
Adjustment
FY 2025
Budget
Adjustment
Funding
Source
changes
Increase
transfer from
Gas Tax Fund
for Paving
project, reduce
General Fund
support
3001 Capital
Projects
Public Works 49201 Transfer In Gas Tax FY 2022
Paving
Project
one-time
18,536.00
Project
Savings
De-appropriate
-parking
management
plan completed
6501 Parking
Enterprise
Fund
Police 52101 Professional
Services
Parking
Mgmt. Study
one-time
(5,085.00)
Project
Savings
De-appropriate
-parking
property
paving
6501 Parking
Enterprise
Fund
Public Works 56006 Land Improvements Parking
property
paving
one-time
(750,000.00)
Project
Savings
De-appropriate
remaining
parking land
purchase
budget
6501 Parking
Enterprise
Fund
Public Works 56005 Capital Outlay-Land Parking
Garage
one-time
(1,198,916.28)
Project
Savings
De-
appropriate,
project
completed
1001 General Fund City Manager 52101 Professional
Services
Economic
Impact Study
one-time
(26,960.82)
Project
Savings
De-
appropriate,
project
completed
1001 General Fund Administrative
Services
59711 Transfer Out IT Fund Microsoft
Office 365
one-time
(5,802.73)
Project
Savings
De-
appropriate,
project
completed
7101 Technology
Service Fund
Administrative
Services
49101 Transfer In General
Fund
Microsoft
Office 365
one-time
(5,802.73)
Project
Savings
De-
appropriate,
project
completed
7101 Technology
Service Fund
Administrative
Services
52201 Contract Services Microsoft
Office 365
one-time
(2,814.36)
Project
Savings
De-
appropriate,
project
completed
7101 Technology
Service Fund
Administrative
Services
52225 Misc Schools &
Training
Microsoft
Office 365
one-time
(2,988.37)
Attachment 1.A
Council Agenda 12-5-2023 12.B-28

Pismo Beach City CouncilDecember 5, 2023

Pismo Beach City Council
December 5, 2023