Packet Pg. 359 Attachment: ^Resolution (9.10(a)--City of Redding Mid-Year Budget Review) Resolution No. 2024 - ____
Fiscal Year Ended 2025
Decrease (Increase) Fund Balance Use of Funds Source of Funds 101 0000 2910000 00000 Beginning Balance - 40,000
211 0000 2910000 00000 Beginning Balance 47,000
311 0000 2910000 00000 Beginning Balance 45,000
317 0000 2910000 00000 Beginning Balance 31,800
Expenditures Use of Funds Source of Funds
101 1721 5125001 MLK01 Operating Materials & Supplies 40,000 311 3101 5110022 00000 General Telephone Systems 15,000 317 3121 5110001 00000 Communication Expense 25,000
317 3121 5110018 00000 Misc. Payphone 4,520
317 3121 5110006 00000 Phones- Communications 2,280
211 8061 8921301 00000 PC Equipment & Software 47,000
311 3101 5092501 00000 Office Equipment Maintenance & Repairs 9,000 311 3101 5040001 00000 Specialized Services & Technical 16,000 311 3101 5125001 00000 Operating Materials & Supplies 3,000 311 3101 5132501 00000 Software 2,000
163,800 163,800
THAT the purpose is to increase appropriations by $1,420,600 for fiscal year 2023-2024 and increase appropriations by $163,800 for fiscal year 2024-25.
I HEREBY CERTIFY that the foregoing Resolution was introduced and adopted at a regular meeting of the City Council for the City of Redding on the_____day of ____________, 2024 and was duly adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS:
NOES: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
TENESSA AUDETTE, Mayor
ATTEST: FORM APPROVAL:
SHARLENE TIPTON, City Clerk CHRISTIAN CURTIS, City Attorney 34th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2023-060
Packet Pg. 360 Attachment: ^Resolution (9.10(a)--City of Redding Mid-Year Budget Review) Amended Amended
23-24 24-25 2025-26 2026-27 2027-28 2028-29
Beginning Cash Balance 21,000 18,977 16,718 9,674 5,940 1,506 Revenues 98,147 99,836 102,925 105,187 108,318 112,088
Net Transfers 7,237 7,019 7,529 7,955 8,194 8,440
Total Revenues 105,383 106,854 110,454 113,142 116,511 120,528 Personnel Costs (74,199) (75,943) (83,115) (82,088) (85,152) (87,649) Operating Costs (25,912) (26,184) (26,969) (27,778) (28,611) (29,470) Capital Outlay (7,107) (7,000) (7,210) (7,427) (7,650) (7,879) Debt Service (2,118) (1,957) (1,965) (1,318) (1,314) (1,313) Savings 1,931 1,971 1,761 1,736 1,782 1,830
Net Expenditures (107,406) (109,113) (117,499) (116,876) (120,946) (124,481) Ending Cash Balance 18,977 16,718 9,674 5,940 1,506 (2,448) Projections toward Council Objectives
Ending Cash as Percentage of
Expenditures 17.7% 15.3% 8.2% 5.1% 1.2% -2.0%
Projected Personnel Percentage 67.9% 68.4% 69.7% 69.2% 69.4% 69.4% Fiscal Year
City of Redding
General Fund Ten Year Plan (in thousands)
Fiscal Year Ending 2024 & 2025
Packet Pg. 361 Attachment: ^Ten Year Plan 23-24 & 24-25 Updated December 2023 (9.10(a)--City of Redding Mid-Year Budget Review) 2029-30 2030-31 2031-32 2032-33 2033-34
Projected Cash Balance (2,448) (6,174) (9,098) (10,436) (10,749) Projected Revenues 115,432 118,883 122,453 126,150 129,975 Projected Net Transfers 8,693 8,954 9,222 9,499 9,784
Total Projected Revenues 124,124 127,837 131,675 135,649 139,759 Projected Personnel Costs (89,954) (91,765) (92,881) (94,660) (96,012) Projected Operating Costs (30,354) (31,265) (32,202) (33,169) (34,164) Projected Operating Costs (8,115) (8,359) (8,610) (8,868) (9,134) Projected Debt Service (1,310) (1,309) (1,311) (1,315) (1,132) Projected Savings 1,882 1,936 1,991 2,048 2,107
Net Projected Expenditures (127,851) (130,761) (133,012) (135,962) (138,334) Projected Ending Cash (6,174) (9,098) (10,436) (10,749) (9,324) Projections toward Council Objectives
Ending Cash as Percentage of
Expenditures -4.8% -7.0% -7.8% -7.9% -6.7%
Projected Personnel Percentage 69.3% 69.2% 68.8% 68.6% 68.4% Fiscal Year
City of Redding
General Fund Ten Year Plan (in thousands)
Fiscal Year Ending 2024 & 2025
Packet Pg. 362 Attachment: ^Ten Year Plan 23-24 & 24-25 Updated December 2023 (9.10(a)--City of Redding Mid-Year Budget Review) Amended Amended
2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
Sales Tax 32,121 32,924 34,241 35,611 36,501 37,961
Property Tax 26,847 27,652 28,482 29,336 30,216 31,123
TOT 7,831 8,144 8,470 8,809 9,161 9,527
Cannabis Tax 2,095 2,145 2,231 2,320 2,413 2,509
Other Taxes 2,610 2,610 2,714 2,823 2,936 3,053
Licenses & Permits 2,391 2,532 2,633 2,739 2,848 2,962
Fines & Penalties 542 542 563 586 609 633
Other Government 2,625 2,729 2,360 1,153 1,188 1,223
Redding Rancheria 124 127 131 135 139 143
Internal Departments 14,248 13,675 14,086 14,508 14,943 15,392 Service Charges 3,436 3,606 3,750 3,900 4,056 4,219
Other Revenue 2,409 2,416 2,488 2,563 2,640 2,719
Use of Money & Property 742 609 609 609 609 609
Interest 125 125 167 97 59 15
Subtotal 99,836 98,147 102,925 105,187 108,318 112,088
Transfers In:
Gas Taxes 10,675 10,573 10,891 11,217 11,554 11,901
Debt Service - - - - - -
Other Transfers In 523 523 538 554 571 588
Total Transfers In 11,096 11,197 11,429 11,772 12,125 12,489 Transfers Out:
CVB & Convention Center (1,033) (1,035) (1,066) (1,098) (1,131) (1,165) Parking - - - - - -
Library (994) (1,024) (1,055) (1,086) (1,119) (1,153)
Rolling Stock (1,005) (1,080) (812) (637) (656) (676)
Other Equipment (395) (395) (407) (419) (432) (445)
Internal Advances - - - - - -
Other Transfers Out (533) (543) (559) (576) (594) (611) Total Transfers Out (4,077) (3,960) (3,900) (3,816) (3,931) (4,049) Net Transfers 7,019 7,237 7,529 7,955 8,194 8,440
Total Revenues 105,383 106,854 110,454 113,142 116,511 120,528 Revenue Assumptions
Sales Tax 2.5% 2.5% 4.0% 4.0% 2.5% 4.0%
Property Tax 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
Fee Revenues Projected Projected 3.0% 3.0% 3.0% 3.0%
Other Government Projected Projected 3.0% 3.0% 3.0% 3.0% Other Revenue Projected Projected 3.0% 3.0% 3.0% 3.0%
Internal Departments Projected Projected 3.0% 3.0% 3.0% 3.0% All Revenues (Not specific) Projected Projected 4.0% 4.0% 4.0% 4.0% Interest (Percent of Cash) 2.0% 2.0% 1.0% 1.0% 1.0% 1.0% Fiscal Year Ended
Revenues
City of Redding
General Fund Ten Year Plan (in thousands)
Fiscal Year Ending 2024 & 2025
Packet Pg. 363 Attachment: ^Ten Year Plan 23-24 & 24-25 Updated December 2023 (9.10(a)--City of Redding Mid-Year Budget Review) 2029-30 2030-31 2031-32 2032-33 2033-34
Sales Tax 38,910 39,883 40,880 41,902 42,949
Property Tax 32,056 33,018 34,008 35,029 36,080
TOT 9,908 10,305 10,717 11,146 11,591
Cannabis Tax 2,610 2,714 2,823 2,936 3,053
Other Taxes 3,175 3,302 3,435 3,572 3,715
Licenses & Permits 3,081 3,204 3,332 3,465 3,604
Fines & Penalties 659 685 713 741 771
Other Government 1,260 1,298 1,337 1,377 1,418
Redding Rancheria 147 151 156 161 165
Internal Departments 15,854 16,329 16,819 17,324 17,843 Service Charges 4,387 4,563 4,745 4,935 5,133
Other Revenue 2,800 2,884 2,971 3,060 3,152
Use of Money & Property 609 609 609 609 609
Interest (24) (62) (91) (104) (107)
Subtotal 115,432 118,883 122,453 126,150 129,975
Transfers In:
Gas Taxes 12,258 12,625 13,004 13,394 13,796
Debt Service - - - - -
Other Transfers In 606 624 643 662 682
Total Transfers In 12,863 13,249 13,647 14,056 14,478
Transfers Out:
CVB & Convention Center (1,200) (1,236) (1,273) (1,311) (1,350) Parking - - - - -
Library (1,187) (1,223) (1,259) (1,297) (1,336)
Rolling Stock (696) (717) (738) (760) (783)
Other Equipment (458) (472) (486) (500) (515)
Internal Advances - - - - -
Other Transfers Out (630) (649) (668) (688) (709)
Total Transfers Out (4,170) (4,295) (4,424) (4,557) (4,694) Net Transfers 8,954 8,693 9,222 9,499 9,784
Total Revenues 124,124 127,837 131,675 135,649 139,759
Revenue Assumptions
Sales Tax 2.5% 2.5% 2.5% 2.5% 2.5%
Property Tax 3.0% 3.0% 3.0% 3.0% 3.0%
Fee Revenues 3.0% 3.0% 3.0% 3.0% 3.0%
Other Government 3.0% 3.0% 3.0% 3.0% 3.0%
Other Revenue 3.0% 3.0% 3.0% 3.0% 3.0%
Internal Departments 3.0% 3.0% 3.0% 3.0% 3.0%
All Revenues (Not specific) 4.0% 4.0% 4.0% 4.0% 4.0%
Interest (Percent of Cash) 1.0% 1.0% 1.0% 1.0% 1.0%
Fiscal Year Ended
City of Redding
General Fund Ten Year Plan (in thousands)
Revenues
Fiscal Year Ending 2024 & 2025
Packet Pg. 364 Attachment: ^Ten Year Plan 23-24 & 24-25 Updated December 2023 (9.10(a)--City of Redding Mid-Year Budget Review) Amended Amended
2023-24 2024-25 2025-26 2026-27 2027-28 2028-29
Safety UAL Payments 13,838 14,479 15,713 16,053
Misc UAL Payments 4,425 4,725 4,947 5,432
PARS UAL Payments 96 96 96 96
Police
Personnel 33,493 34,579 28,556 29,523 30,273 31,058
Operating 8,553 8,643 8,902 9,169 9,444 9,728
Capital Outlay/Project 182 72 74 76 78 80
Subtotal 43,293 42,227 37,532 38,768 39,796 40,866
Fire
Personnel 21,234 22,004 22,574 19,285 19,773 20,286
Operating 5,373 5,646 5,815 5,990 6,170 6,355
Capital Outlay/Project - 45 46 48 49 51
Subtotal 27,695 26,607 28,436 25,322 25,992 26,691
Transportation & Engineering
Personnel 2,759 2,708 709 720 732 743
Operating 4,275 4,203 4,329 4,459 4,593 4,731
Capital Outlay/Project 6,621 6,621 6,820 7,024 7,235 7,452 Subtotal 13,532 13,655 11,858 12,204 12,560 12,925
Parks & Recreation
Personnel 4,885 4,958 4,122 4,235 4,353 4,472
Operating 3,078 3,135 3,229 3,326 3,425 3,528
Capital Outlay/Project 135 94 96 99 102 105
Subtotal 8,186 8,098 7,447 7,660 7,880 8,106
Development Services
Personnel 5,153 5,092 3,710 3,808 3,911 4,014
Operating 1,125 1,123 1,157 1,191 1,227 1,264
Capital Outlay/Project - - - - - -
Subtotal 6,215 6,279 4,866 4,999 5,138 5,278
General Government & Other
Personnel 6,675 6,603 5,084 5,217 5,355 5,495
Operating 3,508 3,434 3,537 3,643 3,752 3,865
Capital Outlay/Project 169 169 174 180 185 191
Debt Service 2,118 1,957 1,965 1,318 1,314 1,313
Subtotal 12,164 12,471 10,761 10,358 10,607 10,864
Add Back Personnel - - - - - -
Add Back O&M - - - - - -
- - - - - -
Projected Savings (1,931) (1,971) (1,761) (1,736) (1,782) (1,830) Total Expenditures 107,406 109,113 117,499 116,876 120,946 124,481 Expenditure Assumptions
Personnel - Wages Budget Budget 2.75% 2.75% 2.75% 2.75% O&M & Capital Outlay Budget Budget 3.0% 3.0% 3.0% 3.0%
Debt Actual Actual Actual Actual Actual Actual
Assumed Expense Savings 0.020 2.0% 2.0% 2.0% 2.0% 2.0%
Fiscal Year Ending 2024 & 2025
Fiscal Year Ended
Required Revenue or
Expenditure Adjustments
City of Redding
General Fund Ten Year Plan (in thousands)
Expenditures
Packet Pg. 365 Attachment: ^Ten Year Plan 23-24 & 24-25 Updated December 2023 (9.10(a)--City of Redding Mid-Year Budget Review) 2029-30 2030-31 2031-32 2032-33 2033-34
Safety UAL Payments 16,403 16,193 15,525 15,309 14,884
Misc UAL Payments 5,545 5,661 5,498 5,479 5,195
PARS UAL Payments 96 96 96 96 96
Police
Personnel 31,923 32,814 33,728 34,670 35,637
Operating 10,020 10,320 10,630 10,949 11,277
Capital Outlay/Project 83 85 88 91 93
Subtotal 43,220 42,025 44,446 45,709 47,007
Fire
Personnel 20,852 21,434 22,032 22,647 23,279
Operating 6,545 6,742 6,944 7,152 7,367
Capital Outlay/Project 52 54 55 57 59
Subtotal 28,229 27,449 29,031 29,856 30,705
Transportation & Engineering
Personnel 762 787 809 835 858
Operating 4,872 5,019 5,169 5,324 5,484
Capital Outlay/Project 7,676 7,906 8,143 8,387 8,639
Subtotal 13,711 13,310 14,121 14,546 14,981
Parks & Recreation
Personnel 4,600 4,733 4,869 5,009 5,153
Operating 3,634 3,743 3,855 3,971 4,090
Capital Outlay/Project 108 112 115 118 122
Subtotal 8,588 8,343 8,839 9,098 9,365
Development Services
Personnel 4,126 4,242 4,360 4,482 4,607
Operating 1,302 1,341 1,381 1,422 1,465
Capital Outlay/Project - - - - -
Subtotal 5,582 5,428 5,741 5,905 6,072
General Government & Other
Personnel 5,646 5,805 5,965 6,133 6,303
Operating 3,981 4,100 4,223 4,350 4,481
Capital Outlay/Project 196 202 208 215 221
Debt Service 1,310 1,309 1,311 1,315 1,132
Subtotal 11,417 11,134 11,708 12,012 12,136
Add Back Personnel
Add Back O&M
- - - - -
Projected Savings (1,882) (1,936) (1,991) (2,048) (2,107) Total Expenditures 127,851 130,761 133,012 135,962 138,334 Expenditure Assumptions
Personnel - Wages 2.75% 2.75% 2.75% 2.75% 2.75%
O&M & Capital Outlay 3.0% 3.0% 3.0% 3.0% 3.0%
Debt Actual Actual Actual Actual Actual
Assumed Expense Savings 2.0% 2.0% 2.0% 2.0% 2.0%
Fiscal Year Ending 2024 & 2025
Fiscal Year Ended
Required Revenue or
Expenditure Adjustments
City of Redding
General Fund Ten Year Plan (in thousands)
Expenditures
Packet Pg. 366 Attachment: ^Ten Year Plan 23-24 & 24-25 Updated December 2023 (9.10(a)--City of Redding Mid-Year Budget Review)