Rocklin City Council
March 14, 2023

Quarterly Financial
Report
March 14, 2023
Key Management Practices (KMPs)
Changes to Special Reserve Funds
Reserves
KMPs
Allocation PCT
KMPs
Allocation
Amount
Proposed
Allocation PCT
Proposed
Allocation
Amount
Economic Reserve 10% 898,040 5% 449,000
Building Reserve 20% 1,796,079 10% 898,000
Retiree's Health Fund 5% 449,020 2.5% 224,500 Fleet Capital Reserve 20% 1,796,079 10% 898,000
Pension Unfunded Liability 35% 3,143,139 17.5% 1,571,600 City Council Community Fund 10% 898,040 55% 4,939,297 Total 100% 8,980,397 100% 8,980,397
Fund Balance Commitments
Commitments Amount
SWRA Building Demolition 1,000,000
Future Fire Station 1,500,000
Purchase of Dual Band Radios 350,000
Mow Equipment 250,000
Zoning Code Update 500,000
Legal Services 1,000,000
Section 115 Trust 339,297
Total Set-aside 4,939,297$
General Fund Revenues
Revenue Category
Budget
FY 2021/22
Revenues
through
12/31/2021
% Received
FY 2021/22
Budget
FY 2022/23
Revenues
through
12/31/2022
% Received
FY 2022/23
Property Tax 20,681,200 271,968 1.3% 22,191,300 273,910 1.2% Sales and Use Tax 17,650,800 7,533,938 42.7% 20,209,000 6,899,558 34.1% Building Permits 2,998,000 1,831,317 61.1% 3,161,300 1,429,210 45.2% Franchise 2,369,400 445,837 18.8% 2,416,800 464,256 19.2% Other Revenues 11,489,400 3,234,485 28.2% 12,370,700 4,592,874 37.1% Total 55,188,800$ 13,317,544$ 24.1% 60,349,100$ 13,659,809$ 22.6% General Fund Expenditures
Department
Budget
FY 2021/22
Expended
through
12/31/2021
% Expended
FY 2021/22
Budget
FY 2022/23
Expended
through
12/31/20222
% Expended
FY 2022/23
City Council 97,800 33,884 34.6% 97,800 26,852 27.5% City Manager 1,217,300 467,167 38.4% 1,154,900 536,855 46.5% City Attorney 1,072,800 356,346 33.2% 1,118,400 720,628 64.4% City Clerk 350,700 147,691 42.1% 398,000 127,135 31.9% Administrative Services 2,982,500 1,045,502 35.1% 3,046,100 1,233,856 40.5% Community Development 5,228,900 1,954,911 37.4% 5,553,300 2,002,555 36.1% Fire 12,048,900 5,503,593 45.7% 12,417,800 5,443,585 43.8% Information Technology 2,407,800 1,084,238 45.0% 2,652,500 1,164,739 43.9% Parks & Recreation 4,643,100 1,923,798 41.4% 6,698,800 2,768,950 41.3% Police 20,333,900 8,762,003 43.1% 21,680,100 9,301,141 42.9% Public Services 3,500,700 1,511,496 43.2% 5,501,800 1,958,209 35.6% Non Departmental 1,182,400 1,163 0.1% 3,399,900 1,098,875 32.3% Total 55,066,800$ 22,791,793$ 41.4% 63,719,400$ 26,383,379$ 41.4% Budget Changes – General Fund
• Transient Occupancy Tax ($150,000)
• City Attorney’s Office – ($1 million)
✓For legal services
✓Offset by FY 2021/22 General Fund surplus
• Community Development Department – ($0; 0 FTE)
✓Three Planning/Building Technicians (3.0 FTE)
o For intake of projects, route plans, and review process management
o Offset by removal of two Office Assistants II (vacant) and reclassification of a Senior Office Assistant positions (3.0 FTE) Budget Changes – General Fund (continued)
• Fire Department ($0)
✓For five mobile, in-vehicle all band radio purchases
✓Offset by the Rocklin Public Safety Foundation grant
• Information Technology ($54,600; 1.0 FTE)
✓Principal Information Technology Analyst
o For City-wide enterprise application support
• Parks and Recreation Department ($91,000)
✓To account for revenue from the new lease agreement with Adventure Operations
Budget Changes – Other Funds
• Quarry Park Amphitheater Events Fund - $13,500
✓For concert event operations at Quarry Park
Amphitheater
• SB 325 Gas Tax Fund - $395,400
✓Restoration of the Stormwater Pipe Replacement
Program funding
• Other Change
✓Title Change to Permit Center Supervisor, and remove
Permit Center Coordinator classification