City of Sacramento
City Council - 5PM Report
915 I Street Sacramento, CA 95814
www.cityofsacramento.org
File ID: 2024-01749 10/29/2024 Consent Item 6.
Fiscal Year 2022/23 Measure U Sales Tax Performance Audit File ID: 2024-01749
Location: Citywide
Recommendation: Receive and file.
Contact: Osvaldo Lopez, Accounting Manager, (916) 808-4740, [email protected]; Peter Coletto, Finance Director, (916) 808-5416, [email protected]; Department of Finance
Presenter: None
Attachments:
1-Description/Analysis
2-2022/23 Measure U Performance Audit
Description/Analysis
Issue Detail: The Measure U Sales Tax Performance Audit has been conducted to confirm that the City used Measure U sales tax proceeds in conformance with the provisions listed in the Measure U ballot language (Sacramento City Code chapter 3.27.). As required by the ballot measure, the City engaged its independent public accounting firm to conduct a performance audit for Fiscal Year 2022/23. The audit did not have any adverse findings for the City to address.
Policy Considerations: The proceeds from Measure U are subject to an independent annual audit, and the auditor's report must be presented to the city council and made available for public review (Sacramento City Code chapter 3.27.140). In addition, this report is consistent with the City’s fiscal transparency and accountability principles.
Economic Impacts: None.
Environmental Considerations:
California Environmental Quality Act (CEQA): This action is not a project subject to CEQA because it involves only organizational or administrative activities that will not result in direct or
File ID: 2024-01749 10/29/2024 Consent Item 6.
indirect physical changes in the environment (CEQA Guidelines §15378(b)(5)).
Sustainability: Not applicable.
Commission/Committee Action: The Measure U Community Advisory Committee received the Measure U Sales Tax Performance Audit on May 20, 2024.
Rationale for Recommendation: It is in the best interest of the City Council to receive and file the Measure U Sales Tax Performance Audit for the following reason:
The public accounting firm of Macias Gini & O’Connell, LLP, has conducted the performance audit and has rendered its unmodified opinion that the City expended Measure U funds in accordance with the Measure U ballot measure.
Financial Considerations: There are no financial considerations associated with this report.
Local Business Enterprise (LBE): No goods or services are being purchased under this report.
CITY OF SACRAMENTO, CALIFORNIAMeasure U Sales TaxPerformance AuditFor the Period of July 1, 2022 to June 30, 2023 CITY OF SACRAMENTO, CALIFORNIAMeasure U Sales Tax Performance AuditFor the Period of July 1, 2022 to June 30, 2023Table of ContentsPageIndependent Auditor’s Report on Performance ............................................................................................ 1 Objectives of the Audit ................................................................................................................................. 2 Background Information............................................................................................................................... 2 Scope of the Audit ........................................................................................................................................ 2 Procedures Performed................................................................................................................................... 2 Results of Procedures Performed.................................................................................................................. 3 Conclusion .................................................................................................................................................... 3 Management Comments and Recommendations.......................................................................................... 4 Table 1 – Schedule of Measure U Sales Tax Fund Revenues, Expenditures, and Transfers........................ 5 1 Independent Auditor’s Report on PerformanceTo the Mayor, Members of the City Council,and the Measure U Community Advisory CommitteeCity of Sacramento, CaliforniaWe were engaged to conduct a performance audit of the City of Sacramento, California (City), Measure U Sales Tax funds for the period of July 1, 2022, to June 30, 2023.We conducted this performance audit in accordance with the standards applicable to performance audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain sufficient, appropriate evidence to provide a reasonable basis for our findings and conclusions based on our audit objectives. We believe that the evidence obtained provides a reasonable basis for our findings and conclusions based on our audit objectives.Our audit was limited to the objectives listed within the report, which includes determining the City’scompliance with the performance requirements referred to in the Measure U Ballot Measure approved by voters of the City of Sacramento on the November 6, 2018, ballot. Management is responsible for the City’scompliance with those requirements.In planning and performing our performance audit, we obtained an understanding of the City’s internal control in order to determine the extent of our tests of compliance, and not for the purpose of providing an opinion on the effectiveness of the City’s internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of the City’s internal control over compliance. The results of our tests indicated that the City expended Measure U funds for allowable activities as approved by the voters in accordance with the Measure U Ballot Measure for the period of July 1, 2022, to June 30, 2023.Sacramento, CaliforniaDecember 19, 2023
CITY OF SACRAMENTO, CALIFORNIAMeasure U Sales Tax Performance AuditFor the Period of July 1, 2022 to June 30, 2023 2 OBJECTIVES OF THE AUDITThe objectives of our performance audit were to document that sales tax revenues related to Measure U were deposited in the Measure U Fund and accompanied by supporting documentation from the California Department of Tax and Fee Administration; to review a list of activities and determine if they are consistent with the Measure U ballot language; to compare expenditures by category to approved budgets to determine if expenditures were in excess of appropriations; and to select a sample of expenditures and review supporting documentation and determine if funds were expended on specific Measure U activities approved in the City Council’s budget. The objectives of our performance audit were not to determine if the City used Measure U revenues in an efficient or effective manner.BACKGROUND INFORMATIONOn November 6, 2012, voters of the City of Sacramento, California approved Measure U to enact a one-half cent sales tax for six years “To restore and protect essential public safety services, including 9-1-1response, police officers, gang/youth violence prevention, fire protection/emergency medical response, and other essential services including park maintenance, youth/senior services, and libraries…with independent financial audits and citizen oversight”. The original sales tax expired on March 31, 2019, and a new ballot measure raising the tax to a full cent, indefinitely, was voted on November 6, 2018. The new Measure U was approved as a general tax and can be used for any general government purpose.A five-member Measure U Citizen’s Oversight Committee was established during the year ended June 30, 2013. The purpose of the Committee was to review the City’s annual independent auditor’s report and prepare a report to City Council documenting the revenues generated by Measure U, the services and programs funded, and the results of their oversight. A new 15-member Measure U Community Advisory Committee was created in March 2019 and is responsible for providing recommendations to the City Council on how to allocate Measure U resources. SCOPE OF THE AUDITThe scope of our performance audit covered the period of July 1, 2022, to June 30, 2023. The population of expenditures that was subject to testing included all account and project codes associated with Measure U. The propriety of expenditures funded through other local funding sources, other than Measure U, were not included in the scope of the audit. Expenditures incurred subsequent to June 30, 2023, were not reviewed or included within the scope of our procedures or in this report.PROCEDURES PERFORMEDWe obtained the Measure U Fund general ledger and project expenditure summary reports and detail prepared by the City for the period of July 1, 2022, to June 30, 2023. For the period, we selected ajudgmental sample of 33 expenditures and obtained the actual invoices and other supporting documentation to ensure consistency with the Measure U ballot language and compliance with the City Council’s Measure U budget, and performed the following procedures:1) We compared the list of activities performed to verify that the list of activities is consistent with the Measure U ballot language.2)We verified that the Measure U revenues were deposited into the Measure U Fund.3) We agreed the amounts in a judgmental sample of 5 Measure U revenue deposits to supporting documentation from the California Department of Tax and Fee Administration.
CITY OF SACRAMENTO, CALIFORNIAMeasure U Sales Tax Performance Audit (Continued)For the Period of July 1, 2022 to June 30, 2023 3 PROCEDURES PERFORMED (Continued)4) We judgmentally selected a sample of 33 expenditures incurred during the period and reviewed supporting documentation to ensure the funds were expended on the specific Measure U activities approved in the City Council’s budget.5) We compared expenditures by category to the approved budget to determine if there were any expenditures in excess of appropriation.RESULTS OF PROCEDURES PERFORMEDThe City utilized Measure U funds for 131 of the 252 budgeted projects. The City recognized Measure U revenues of $130.485 million, investment gains of $0.465 million (due to adjustments of investments in the City Treasurer’s cash and investment pool to fair value at year-end), and incurred expenditures on a budgetary basis of $150.410 million and $132.187 million in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) during the period of July 1, 2022, to June 30, 2023, for the Measure U projects as shown in Table 1 (table shown in thousands).NOTE TO TABLEThe City Manager submits a proposed budget to the City Council no later than 60 days prior to the commencement of the fiscal year. The City Council holds public hearings, modifies the City Manager’srecommendations, and adopts a final budget in June. The budget adoption resolution specifies that budgets will be controlled at the department level (i.e., police, fire, public works, youth, parks, and community enrichment, etc.) by fund.An annual budget is adopted for the Measure U Fund. Expenditures are appropriated on a modified accrual basis of accounting, except that commitments related to purchase orders are treated as expenditures in the year of the commitment. The Measure U Fund reported revenue in the amount of $0.465 million for interest, rents, and concessions primarily representing investment gains associated with reporting the City Treasurer’s cash and investment pool at fair value at year-end.Budgets are modified throughout the year when the tax base changes, fees are modified, new revenue sources are identified, or programs are changed. The City Manager is authorized to administratively amend the budget during the year for transactions up to $250,000 without City Council approval. All other appropriation adjustments during the year require City Council approval. Total net budget adjustments of $2.682 million were made during the period of July 1, 2022, to June 30, 2023. Unencumbered annual budget appropriations lapse at fiscal year-end. The City honors contracts represented by year-end encumbrances and the appropriations are carried over to provide the authority to complete these transactions in future years. Multi-year project-length budget appropriations are automatically carried over in the next fiscal year.CONCLUSIONBased on the procedures performed, the results of our testing indicated, for the items tested, the City has complied with the Measure U ballot language, in all significant respects, for the period of July 1, 2022, to June 30, 2023. Our audit does not provide a legal determination on the City’s compliance with specific requirements or a determination of whether the City used Measure U revenue in an efficient or effectivemanner.
CITY OF SACRAMENTO, CALIFORNIAMeasure U Sales Tax Performance Audit (Continued)For the Period of July 1, 2022 to June 30, 2023 4 MANAGEMENT COMMENTS AND RECOMMENDATIONSNone reported.
CITY OF SACRAMENTO, CALIFORNIATable 1 - Schedule of Measure U Sales Tax Fund Revenues, Expenditures, and TransfersFor the Period July 1, 2022 and June 30, 2023(amounts in thousands)Actual Amounts -Budget Budgetary Variance withto GAAP Actual Original FinalBasisFinal BudgetReconciliation AmountsRevenues:Taxes135,769$132,270$130,485$(1,785)$-$130,485$Interest, rents and concessions--465465-465Total revenues 135,769 132,270 130,950 (1,320) - 130,950Expenditures:Current Department Operations:General Government:Mayor/Council94395685898-858City Manager6,8746,9755,2781,697-5,278City Attorney2542552541-254Information Technology519519519--519Human Resources474473499(26)-499Subtotal - General Government9,0649,1787,4081,770-7,408Police6,0175,9715,847124-5,847Fire9,8869,7618,986775-8,986Convention and Cultural Services4,5223,5523,5466-3,546Youth, Parks, and Community Enrichment41,99341,59239,1602,4325539,215Community Development10,99011,04910,1159344710,162Community Response5,4415,4703,7431,727(32)3,711Library14,27214,27214,272--14,272Citywide and Community Support6,3826,0535,191862-5,191Multi-year Operating Projects:General Government:Mayor/CouncilThousand Strong (ETP Pilot)1,500-----Thousand Strong 18(116)1,3843471,037(101)246Sac Municipal Reparations Comm200200-200--City ManagerCalVIP Cohort 3 Grant 2020-23-7794(17)-94FY22 M/C Econ Dev Priorities300-----Homeless Housing Initiative13,4793,546673,479-67SHRA - Capitol Park Hotel --685(685)(685)-Measure U Special Projects349349-349--Women and Family Shelter Project281,0461,047(1)(228)819FY23 Women and Fam Shelter-1,4601,4591(68)1,391Safegrounds-3,2873,287-(2,651)636Gang Prevention and Intervention - GF282229-229--Gang Prevention and Intervention - FY22--1,030(1,030)-1,030CA Rural Legal Assistance500500-500--Whole Person Care1,323-----NBHD Comm and Economic Plans Program3434-34--Children and Youth Services Program185-----SYDPF 2021-2023 Services3803802,560(2,180)(1,155)1,405Children and Youth Prog - Overhead376376-376--Youth and Family Invt. Pop Up--255(255)(255)-YPCE Child and Youth Augmentation44-4--#Sac YouthWorks-750750--750FY22 M/C City's Racial Equity300300-300--Riverfront Properties300300342(42)1343NDAT Community Engagement-1501149-1La Familia Opportunity Center--2,000(2,000)(1,158)842California Mobility Center1,0001,0001,000-(230)770CBO Stabilization Fund300-----Youth Workforce Development5,0004,2506993,551(214)485Marina Vis/Alder Grv NBH Revit2,500700242458-242Broadband Infrastructure-1,400-1,400--ED Initiatives2012018193(8)-Arts Education1704362(19)163Cultural Equity3841299138-91Creative Economy233145599(454)(77)522Artists and Creatives120-----Neighborhoods and Districts35535261274(9)252Sac Film + Media6815812335(37)86Fare Free Transit for Youth1,0001,0001,000-(250)750Iceland Restoration1,0861,086148938(148)-Stockton Blvd Anti-Displacement5,0005,0002,0302,970(1,917)113FY23 Affordable Housing-63-63--Kind Project 7141 Woodbine Ave-460-460--Eden/Donnerfield 4501 9th Ave-558-558--Next Step Transitional Housing-150-150--Youth Workforce (YPCE)-785239546-239City Manager Youth Programs15715714143(14)-Participatory Budgeting Program975-172(172)(19)153PBP - OIED-700-700--PBP - OYD/YPCE-250-250--PBP - DCR-50-50-- Budgeted Amounts
5 CITY OF SACRAMENTO, CALIFORNIATable 1 - Schedule of Measure U Sales Tax Fund Revenues, Expenditures, and TransfersFor the Period July 1, 2022 and June 30, 2023(amounts in thousands)Actual Amounts -Budget Budgetary Variance withto GAAP Actual Original FinalBasisFinal BudgetReconciliation AmountsCity ClerkCommission Stipends25-----Animal Care Srvcs Citizens Adv-24(2)(2)2Ann Land/Bertha Henschel Mem-11--1Parks and Community Enrichment-58(3)(3)5Sacramento Community Police Review-12(1)(1)1Sacramento Youth Comm-616(10)(12)4Information TechnologyDigital Equity 200200200-(200)-Police:Office of Violence Prevention1,412208-208--Youth and Family Investments1,300-----Police Observation Dvcs (PODs)2828208(1)19FY23 OVP GPIT-1,2601,010250(271)739FY23 OYD Pop Ups-1,3001,2928-1,292FY2018 Police Measure U2626-26--FY2020 Police Measure U55-5--Fire:Fleet - Fire Measure U13-----Fleet FY22 - Fire Measure U-1925(6)-25Utilities:Utility Rate Asstistance Program4,7733939--39Water Rate Asstistance Program-2,4492,449--2,449Wastewater Rate Asstistance Program-58157110-571Solid Waste Rate Assistance Program-1,3861,386--1,386Storm Drainage Rate Assistance Program-318-318--Public Woks:Illegal Dumping970-----Homeless Mitigation188-----PW Sustainability Program42920912188-121Illegal Dumping (FY22 FY23)-970970-(164)806SPLA Maintenance526526245281(11)234Convention and Cultural Services:Museum Insurance Reimbursement132132-132--Cultural Arts Awards114114114-(32)82McClellan Park Storage-462-462--Powerhouse Science Center600600-600--Youth, Parks and Community Enrichment:Colonial Heights extd Lib Hrs(7)-----Youth Sports Field - Sponsorship570-----Fleet FY22 - YPCE Measure U2122129203-9Fleet FY23 - YPCE Measure U772781590191-590Summer Youth and Community Pgm9090-90--Laguna Libraries130130-130--Job And Resource Fair2525-25--Mental Health Crisis1515-15--MLK Library Summer Camp77-7--Youth Field Use - Scholarships-1037-3FY17 - Community Centers--1(1)(1)-FY18 - Summer at City Hall22-2--FY23 - SCUSD ASES-2626--26Grant Union Pool Summer Program--40(40)(40)-Community Development:Marysville - Del Paso Bvd Action Plan--343(343)(125)218NDAT2,7841569264(60)32Fleet - CDD Measure U1919-19--Fleet - CDD Measure U44-4--Fleet FY22 - CDD Measure U16317213339-133Fleet FY23 - CDD Measure U3539372-37FY21 - Measure U Vehicle Abatement--14(14)(14)-Tenant Protection Program100100100-(27)73JFN Emergency Home Repair Pilot-304-304--Stockton Blvd Implementation-500-500--Stockton Blvd Specific Plan--216(216)(216)-Marysville/Del Paso Implement-500-500--102-Acre Site-282104178(1)103Reconnecting Communities Grant-3030-(30)-Minor Initiatives-100-100--Citywide NDAT Implementation-1,000-1,000--Community Ambassadors-150150-(117)33Community Response:Community Response13,7113,86923,867-2Forensiclean Citywide Cleanup-2,6802,680-(2,395)285Homeless Mitigation FY23-92-92--HM FY23 - Forensiclean-2,0142,0104(130)1,880HM FY23 - Disposal at NARS-58756126(213)348HM FY23 - Recycle and SW Support PW-450-450--HM FY23 - Street Maint Sup (PW)-20012971-129HM FY23 - Security at Marina PW-20318815-188 Budgeted Amounts
6 CITY OF SACRAMENTO, CALIFORNIATable 1 - Schedule of Measure U Sales Tax Fund Revenues, Expenditures, and TransfersFor the Period July 1, 2022 and June 30, 2023(amounts in thousands)Actual Amounts -Budget Budgetary Variance withto GAAP Actual Original FinalBasisFinal BudgetReconciliation AmountsHM FY23 - Others-23239193-39Coordinated Access System-1,0001,187(187)(239)948Site Security Services-2,1012,266(165)(870)1,396Unhoused Adv Constr Notice PW-100-100--O and E Ctr Hope Coop Operations-1,2063,690(2,484)(1,833)1,857Hope Cooperative DCR Outreach--1,466(1,466)(1,466)-Homeless and Community Outreach-489-489--Capital Outlay:General Government - Information Technology:Subscription-Based IT Arrangements----768768311 Mobile Modernization11-1--Police:PD Fleet E&T - Prior FY109(37)-(37)--PD Fleet E&T - FY23-146146-(7)139Police Safety Equipment368368396(28)(552)(156)Fire:Fire Apparatus Equipment806806-806--Public Works:Energy Efficient Lighting Retr43(30)6(36)-6ADA Compliance Various500270270--CSH - Parking and Path of Travel -178150281151Belle Cooledge CC ADA Parking-27198(17)2Coloma CC ADA Parking-25178(11)6Energy Reinvestment Program-37-37--City Facility Reinvest Program2,309691-691--Coloma CC Water Line Rplc189986(77)(7)79McClatchy Library Paint/Windows11211211101-11Camp Sac Electrical Upgrade43143118413(5)13Winn Park Building Rehab-3636--36Belle Cooledge Libry Ext. Tile50100397-3South Natomas CC Chiller Repla5151216(165)(103)113Central Lib. HVAC/Roof Repair20620627179-27PSAB Roof 1 and 7 Updates-218218--218PSAB Cole Building New Roof-162162--162Animal Care Kennel Vents and Roof-100-100--Fire Station 6 Kitchen Remod.-30080220(3)77City Hall Generator Vent-100100--100Fire Station 1 Security Gate-15046104-46PSAB Concrete Replacement-3636--36PSAB Controls Upgrade-2482471-247Old Sac Handrail/Deck Replmt-100973-97Old Sac Steamers Building Rep.-300137163(34)103PSAB HVAC Rep. Suite 44-35305(5)25Fire Station #14-22-22--Fire Station #1522-----Cold Storage For Collections1486167(6)(6)61PSAB Suite 44 Remodel for FD-1366175-61North Sac Library Relocation4,4104,4102384,172(101)137Meadowview Navigation Center1313121-12Broadway/Alhambra Nav. Center5512(7)(12)-Development of Tiny Homes6666-66--EV Supply Equipment Project50501634-16Winn Park Tenant Improvement20020011288(74)38Sacramento EV Blueprint Phase 2762701351351136Sac EV Blueprint Phase 2 Infrastructure-2626--26Sac River Parkway Preliminary3,0493,0491362,913(122)14Citywide Park Tree Assmt112112112--112Crocker Art Humidifier --1(1)-1Convention and Cultural Services:Old Sacramento Service Court74174-174--Old Sacramento District Improv65442-442--JOE's Crabshack Repair Program66156-156--PA1 - Art in Public Places55-5--PA2 - Art in Public Places66-6--Youth, Parks and Community Enrichment:Fleet FY23 - YPCE Measure U-10-10--Swanston Fountain Recirculation555--5District 2 Minor Park Improvements3321-21--Cabrillo Park Irrigation50502822(7)21Winner's Circle Park-726210(9)53Garcia Bend Park Ct Renovations-102102--102Lawrence Park Improvements-1507476(12)62Sutter's Landing Park Phase 2-160-160--Tahoe Pk Restroom/Utility Bldg-66--6Land Park Amphitheater Renovation4094092407-2Robla Community Park Phase 4654654117537(75)42Robertson Park Restroom Replace41549432462(5)27Tahoe Park Pool Restroom10530(25)-30Triangle Park Playground Replace6464-64--Park Maintenance Irrigation System 47276624(2)-Hagginwood Park Soccer Field50050048713-487 Budgeted Amounts
7 CITY OF SACRAMENTO, CALIFORNIATable 1 - Schedule of Measure U Sales Tax Fund Revenues, Expenditures, and TransfersFor the Period July 1, 2022 and June 30, 2023(amounts in thousands)Actual Amounts -Budget Budgetary Variance withto GAAP Actual Original FinalBasisFinal BudgetReconciliation AmountsMeasure U Park Improvements16798-798--Parks Sidewalk Repairs12662453292-532MU Land Park Walkway Repairs1818108-10MU Oki Park Field Renovations181818--18MU City Cemetery Survey242242-242--MU Johnston Park Pipe Replacement100100199-1MU Ballfield Improvements3722667159(4)63MU Park Safety Security Camera38381820(18)-MU St Rose of Lima Ice Skate R4241-41--MU Community Gardens6565956-9MU Clunie Center Bathroom1414-14--MU Cabrillo Pool Men Restroom220220-220--MU Garcia Bend Restroom Replace--2(2)(2)-MU Sutters Landing Skate Park3333285(18)10MU McKinley Park TT Emergency Ex4949-49--MU Stanford Restroom22-2--MU Miller Park Restroom Renovation 3 3 24 (21) (1) 23MU Miller Park Deck Demolition 63 - - - --MU Hagginwood Park Turf Replace1414-14--MU Del Paso SB Complex Concrete199483513-35MU Citywide Sports Ct Resurface10410116294-116MU Land Park Restroom Replace250250-250--MU Reith Park Improvements300300-300--Park Maintenance Irrigation Up635155(120)(3)152Pond Repair and Replacements-6363--63PM - Electrical Upgrades-100-100--Playground Repair and Maint-130-130--PM Parking Lot Improvements-100-100--Southside Building Demo-1028-2MU Muir Park Improvements-400-400--Citywide Pool Assess/Repair1,133878-878--Citywide Pool Repair - Johnston101(8)5(13)-5Citywide Pool Repair - Mangan160(7)27(34)(1)26Citywide Pool Repair - McClatchy-550846(296)(25)821Citywide Pool Repair - Clunie88-8--Citywide Pool Repair - Pannell-61690526(46)44Citywide Pool Repair - Doyle-385-385--Citywide Pool Repair - Tahoe--1(1)(1)-Southside Park Pool Repairs-175-175--NNCCAC - Pool Repairs-84381(1)2Recreation Facility Imps-2-2--Facility Imp - Camp Sacramento-28580205-80Facility Imp - Hart Senior Center361361-361--Facility Imp - Hagginwood CC303058(28)(5)53Facility Imp - Meadowview-75-75--Facility Imp - Natomas27627611265-11Facility Imp - Oak Park2621-21--Facility Imp - Access Leisure-100-100--Facility Imp - Sacramento Sftbal150350-350--Facility Imp - Robertson CC102722270(1)1Public Counter Imprvmts @ 7 CC21321366147(7)59Wifi Access and Improvements80804535-45Facility Imp - Ctr Bottle Filler4638-38--Facility Imp - CC Flooring-100121(21)(65)5628th&B Skate - Urban Art Park-80-80--Ctrs K2 Badging Upgrades-200-200--Del Paso Reg Park - Softball Compl-65-65--Airport Park - Baseball Imp-35-35--Community Response:Community Response-549-549--Debt Service:Principal-350350--350Interest and Other Charges-77--7Total expenditures195,740 198,422 150,410 48,012 (18,223) 132,187Excess (deficiency) of revenues over (under) expenditures(59,971) (66,152) (19,460) 46,692 18,223(1,237)Other Financing Sources (Uses):Transfers In:Convention and Cultural Services-3030--30Citywide and Community Support-600600--600Transfers Out:Youth, Parks and Community Enrichment(250)(669)(669)--(669)City ManagerStep Up Housing Dev-(2,937)(2,937)--(2,937) Issuance of Long-Term Debt:Subscription-Based IT Arrangements----768768Total other financing sourcces (uses)(250) (2,976) (2,976) - 768(2,208)Net change in fund balance (60,221)$ (69,128)$ (22,436)$ 46,692$ 18,991$ (3,445)$ Budgeted Amounts
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