Annual Budget
Fiscal Year 2023/24
June 27, 2023
Budget Overview – All Funds
• $115 million
Revenues
• Operations - $103 million
• Capital Outlay - $16 million
Expenditures
Budget
Overview
General Fund
• Revenues - $65.7 million
• Other Sources - $2.6 million
Resources - $68.3 million
• Operating - $64.9 million
• CIPs/Fleet - $2.5 million
• Contribution to Operating Reserve - $788K
Uses - $68.2 million
Budget
Overview
New Positions
and Fleet
Department Description
FTE
Change
Net Budget
Change
Administrative Services Add a Departmental Administrative Specialist (1.0 FTE) to provide administrative support, as well as City-wide procurement support.
1.00 108,052
City Manager Add a Management Analyst (1.0 FTE) position to administer Housing programs. Costs will be offset by deleting one vacant Housing Specialist (1.0 FTE) position.
- 26,729
Community Development Add a Public Services Business Technician (1.0 FTE) position to provide administrative support.
1.00 108,038
Fire Add a Fire Inspector I/II (1.0 FTE) position for fire inspections and permitting.
1.00 214,176
Parks and Recreation Add a Recreation Coordinator (1.0 FTE) position for special and co- sponsor events, and programs. Costs will be offset by deleting one vacant part-time Office Assistant I/II (0.4 FTE) position allocation, and reducing non-permanent part-time position budgets.
0.53 -
Parks and Recreation Add a truck and chipper for park maintenance and operations. - 120,000 Police Add two Police Officer (2.0 FTE) positions and two marked police vehicles in Police Operations.
2.00 506,376
Police Funding to replace and upgrade the crime scene investigation van for response to major crime incidents.
- 150,000
Public Services Add a Landscape Services Worker (1.0 FTE) position for inspection, construction, and repair of landscapes. This position is a non-general fund position, and the majority of costs are offset by deleting non- permanent part-time position budgets.
1.00 19,062
FTE Total 6.53 1,252,433$
Budget Overview
Capital Improvement Programs/Projects
• General Fund Projects/Equipment
▪ SWRA Improvements
▪ City Hall Space Study and Remodel
▪ Fire Station Alerting Equipment
• Other Funds
▪ Five Star Blvd and Destiny Dr Reconstruction
▪ Mission Hills Reconstruction Phase IV
▪ Monument Springs Bridge
▪ Police Department HVAC and Roof Replacement
▪ Rocklin Road/Sierra College Corridor Multimodal
▪ Sierra College Blvd Roadway Rehabilitation
General Fund Five-Year Forecast
General Fund 5-Year Forecast
FY2023/24
Budget
FY2024/25
Projection
FY2025/26
Projection
FY2026/27
Projection
FY2027/28
Projection
Sources
Revenue 65,671,700 65,887,586 67,312,321 68,491,065 70,220,883 Other Sources 2,613,100 - - - - Total Sources 68,284,800 65,887,586 67,312,321 68,491,065 70,220,883 Uses
Operation Expenditures 62,905,600 63,996,700 65,751,100 67,670,700 69,657,300 Capital Improvements 2,451,100 615,300 847,700 804,200 855,300 Transfers Out 2,054,900 336,800 318,700 299,700 303,400 Contribution to Operating Reserve 788,100 189,075 358,925 404,975 420,800 Total Uses 68,199,700 65,137,875 67,276,425 69,179,575 71,236,800 Net Resources / (Deficit) 85,100$ 749,711$ 35,896$ (688,510)$ (1,015,917)$