Quarterly
Financial Report
City Council Strategic Plan Update
FY 2024/25 Second Quarter Report
FY 2023/24 Year-End Recap
Agenda
FY 2023/24 Year-End Recap
• The Annual Comprehensive Financial Report has been completed and received a clean auditor’s opinion.
• $7.89 million one-time net General Fund surplus.
Proposed Commitments
Commitments Amount
Key Management Practi ces 3,340,000$
Fl eet Ca pi ta l Res erve ($1,340,000)
Bui l di ng Res erve ($750,000)
Pa rk Infra s tructure Res erve ($750,000)
Economi c Res erve ($500,000)
Clove r Valle y 2,000,000
Public Safety Communications Upgrade 500,000
Northwest Community Parks Master Plan 300,000
Amphitheater Upgrades 250,000
Facilities A ssessment 250,000
Corporation Yard Generator 200,000
Fl eet Parki ng Lot 200,000
CAD to CAD 150,000
In Lieu/Inclusionary Housing Fee Study 150,000
Professi onal Devel opment 150,000
Shade Sails 145,568
Websi te Refresh 100,000
Public Works Organizational Assessment 75,000
User Fee Study 75,000
Total 7,885,568$
FY 2024/25 Revenues
Revenue Category
Revised
Budget
FY 2023/24
Revenues
through
12/31/2023
% Received
FY 2023/24
Revised
Budget
FY 2024/25
Revenges
through
12/31/2024
% Received
FY 2024/25
Property Tax 24,006,800 323,050 1.3% 25,213,600 342,988 1.4% Sales and Use Tax 20,737,300 7,179,782 34.6% 20,024,200 7,390,585 36.9% Transient Occupancy Tax 1,338,000 376,733 28.2% 1,018,000 460,908 45.3% Building Permits 3,515,300 1,341,365 38.2% 3,881,900 1,732,602 44.6% Franchise 2,465,100 476,657 19.3% 2,802,900 466,418 16.6% Other Revenues 13,639,200 6,778,644 49.7% 13,811,199 6,756,864 48.9% Total 65,701,700$ 16,476,232$ 25.1% 66,751,799$ 17,150,365$ 25.7% FY 2024/25 Expenses
Department
Revised
Budget
FY 2023/24
Expended
through
12/31/2023
% Expended
FY 2023/24
Revised
Budget
FY 2024/25
Expended
through
12/31/2024
% Expended
FY 2024/25
City Council 99,400 30,573 30.8% 120,500 44,664 37.1% City Manager 2,810,058 552,270 19.7% 3,175,198 1,095,769 34.5% City Attorney 1,429,617 377,577 26.4% 1,160,050 669,563 57.7% City Clerk 329,000 96,532 29.3% 425,127 146,294 34.4% Administrative Services 6,150,891 2,407,843 39.1% 6,765,537 2,618,408 38.7% Community Development 6,446,715 1,944,232 30.2% 6,931,341 2,156,442 31.1% Fire 16,047,149 6,987,537 43.5% 14,425,680 5,797,747 40.2% Parks & Recreation 9,639,908 2,695,925 28.0% 9,598,496 2,943,311 30.7% Police 24,864,197 10,335,315 41.6% 25,528,403 9,287,153 36.4% Public Works 5,661,658 2,910,113 51.4% 4,707,410 1,532,652 32.6% Non Departmental 4,523,350 253,200 5.6% 2,921,200 3,327 0.1% Total 78,001,943$ 28,591,116$ 36.7% 75,758,942$ 26,295,330$ 34.7%
STRATEGIC PLANNING
UPDATE
October 2024 - December 2024
STRATEGIC PLAN
QUARTERLY UPDATES
VIBRANTRESILIENT
LIVABLE SUSTAINABLE SAFE
October 2024 - December 2024
• Work towards constructing and staffing a 4th Rocklin Fire Station south/east of Interstate 80
• Update the City’s drainage infrastructure master plan and prioritize critical improvements
• Update the City’s ADA Transition Plan
• Establish a 3-year Pavement Management Program
• Create and Implement a Strategic Plan for I.T. services • Strengthen Interagency Relationships (FEMA, Caltrans, CalOES, Army Corps, CDFW, etc.)
• Identify innovative solutions to infrastructure maintenance and enhancements
• Implement programs to reduce fire loss and increase
community preparedness
RESILIENT
PILLAR OBJECTIVES
• Continue implementation of the adopted Economic Development Strategy and support efforts to recruit, retain, and expand local businesses
• Invest in technology that supports economic development efforts • Nurture efforts to establish the Quarry District as a regional destination
• Establish a small business outreach program with CDD to assist business owners with planning, permitting, and inspections of new and tenant improvement projects
• Create and promote events and activities that will attract outside visitors and overnight stays
• Support the newly created Arts Commission
VIBRANT
PILLAR OBJECTIVES
• Update the City’s Zoning Code
• Use master planning processes to guide future development of parks that provide the community with amenities that currently are not offered within Rocklin’s park system
• Increase recreation programming to ensure programs are offered to all ages and abilities within the community
• Identify critical gaps in City Trails within the public Right Of Way • Complete the Oak & Pine affordable housing project and support efforts to increase the availability of affordable housing
• Continue to work with regional partners to address homelessness in the City
LIVABLE
PILLAR OBJECTIVES
• Evaluate opportunities to create new sources of revenue to support critical City services
• Implement a new Records Management enterprise system that is user friendly for both City staff and the public
• Implement a Section 115 Trust to better address CalPERS obligations
• Implement a two-year operating budget
• Update the City’s Purchasing Code
• Update Infrastructure Reserve Studies
• Implement comprehensive workforce development and succession planning programs
• Establish plans for reaching 100% funded for the City’s facility and fleet replacement reserves
SUSTAINABLE
PILLAR OBJECTIVES
SAFE
PILLAR OBJECTIVES
• Maintain, improve, and expand City
partnerships that aid in crime prevention and
creating a safe community
• Continue public education efforts regarding
prevention of crimes of opportunity
• Evaluate the creation of a Real Time Crime
Center
• Improve Interoperability between law
enforcement, fire, and EMS agencies
• Update antiquated Fire station alerting
systems
• Improve Cardiac Arrest Survivability by
deploying citizen CPR public education and
increasing AED distribution
QUESTIONS?