Attachment 1
Item
Source of
Funds
Use of
Funds Explanation
Fire Department 191,055 Increases the Fire Department budget to offset an overage in personnel costs. This action funds the
Field Operations overtime and compensatory
payout costs. Field Operations absences were up
24% through June when compared to the prior
fiscal year (from 68,233 to 84,744 hours). Through
June, compensatory payouts were also up 22%
from the prior year and significantly above
historical levels (five affirmative Council votes
required to appropriate additional revenue).
Information Technology
Department
1,746 Increases the Information Technology
Department's budget due to the inadvertent
booking of a purchase order for T-Mobile in the
incorrect fund. This funding will be released in FY
2024/25
(five affirmative Council votes required
to appropriate additional revenue).
Interest Earnings 192,801 This action increases the Interest Earnings revenue estimate by $192,801 (from $3,500,000 to
$3,692,801) to offset the actions above (five
affirmative Council votes required to
appropriate additional revenue).
192,801 192,801
Item
Source of
Funds
Use of
Funds Explanation
Other Revenue / Event
Expense
1,048,425 1,048,425 Increases the event revenue estimate to reflect higher than anticipated collections and increases
the event expense appropriation to account for
higher than budgeted costs associated with events
held at the Convention Center (five affirmative
Council votes required to appropriate
additional revenue).
1,048,425 1,048,425
FY 2023/24 Budget Amendments
Convention Center Enterprise Fund (860)
General Fund (001)
1 Attachment 1
FY 2023/24 Budget Amendments
Item
Source of
Funds
Use of
Funds Explanation
Substation Protective Relay
Project
2,544 Increases the Substation Protective Relay Project due to the inadvertent booking of purchase orders
to this project rather than the operating budget.
This funding will be released in FY 2024/25 (five
affirmative Council votes required for the use
of unused balances).
Unrestricted Ending Fund
Balance
(2,544) Decreases the Unrestricted Ending Fund Balance
to offset the action above (five affirmative
Council votes required for the use of unused
balances).
- -
Item
Source of
Funds
Use of
Funds Explanation
Revenue from Other Agencies
/ Department of Public Works -
SVACA Billings
8,615 8,615 This action increases the Revenue from Other Agencies estimate and appropriates the funding to
the Department of Public Works. This funding is
related to reimbursements received from the
Silicon Valley Animal Control Association (SVACA)
for services provided by the City (five affirmative
Council votes required to appropriate
additional revenue).
Revenue from Other Agencies
/ Information Technology -
SVACA Billings
20,663 20,663 This action increases the Revenue from Other Agencies estimate and appropriates the funding to
the Information Technology Department. This
funding is related to reimbursements received
from the Silicon Valley Animal Control Association
(SVACA) for services provided by the City (five
affirmative Council votes required to
appropriate additional revenue).
29,278 29,278
Electric Utility Capital Fund (591)
Expendable Trust Fund (079)
2 Attachment 1
FY 2023/24 Budget Amendments
Item
Source of
Funds
Use of
Funds Explanation
Consolidate and Upgrade
Servers
427 This action increases the Consolidate and
Upgrade Servers project due to the inadvertent
booking of purchase orders. This funding will be
released in FY 2024/25 (five affirmative Council
votes required for the use of unused
balances).
Replace Network Equipment 444 This action increases the Replace Network Equipment project due to the inadvertent booking
of purchase orders. This funding will be released
in FY 2024/25 (five affirmative Council votes
required for the use of unused balances).
Unrestricted Ending Fund
Balance
(871) Decreases the Unrestricted Ending Fund Balance
to offset the actions above (five affirmative
Council votes required for the use of unused
balances).
- -
Item
Source of
Funds
Use of
Funds Explanation
Other Revenue / CDBG -
Public Services
34,219 34,219 Recognizes additional Community Development Block Grant (CDBG) program income and
appropriates the funding to the CDBG
Administration project to account for additional
staff time spent on CDBG services. The
administration budget is based on estimated
program income to be received in a given fiscal
year. In FY 2023/24, program income received
was higher than anticipated (five affirmative
Council votes required to appropriate
additional revenue).
General Government Capital Fund (539)
Housing and Urban Development Fund (562)
3 Attachment 1
FY 2023/24 Budget Amendments
Item
Source of
Funds
Use of
Funds Explanation
Other Revenue / HOME Admin
Contracts
3,913 3,913 Recognizes additional HOME program income and appropriates the funding to the HOME
Administration project to account for additional
staff time spent on HOME services. The
administration budget is based on estimated
program income to be received in a given fiscal
year. In FY 2023/24, program income received
was higher than anticipated (five affirmative
Council votes required to appropriate
additional revenue).
38,132 38,132
Item
Source of
Funds
Use of
Funds Explanation
Senior Nutrition Program 19,181 Increases the Senior Nutrition Program grant appropriation to cover an overage resulting from a
technical issue with the processing of payments.
There were expenditures charged to the FY
2023/24 appropriation rather than to an existing
purchase order established for this purpose. Both
amounts are treated as expenditures for budgetary
purposes. The purchase order was subsequently
closed and the encumbrance was released in FY
2024/25
(five affirmative Council votes required
for the use of unused balances).
Unrestricted Fund Balance (19,181) Decreases the unrestricted ending fund balance to offset the action recommended above (five
affirmative Council votes required for the use
of unused balances).
- -
Item
Source of
Funds
Use of
Funds Explanation
Developer Contributions /
Community Development
Department - Kylli Project /
Democracy Way
29,913 29,913 Increases the developer contributions revenue estimate and the Kylli Project/Democracy Way
project appropriation to account for higher activity
completed for the Kylli Project/Democracy way
development (five affirmative Council votes
required to appropriate additional revenue).
29,913 29,913
Prefunded Plan Review Fund (157)
Parks and Recreation Operating Grant Trust Fund (111)
Housing and Urban Development Fund (562) (Cont'd.)
4 Attachment 1
FY 2023/24 Budget Amendments
Item
Source of
Funds
Use of
Funds Explanation
Bond Proceeds /
Administrative Costs
212,798 212,798 Increases the bond proceeds estimate and the administrative costs appropriation. During the
development of the FY 2023/24 budget, the cost of
issuance was budgeted based on proceeds of $35
million. However, bond proceeds were higher than
anticipated, resulting in higher costs of issuance
(five affirmative Council votes required to
appropriate additional revenue).
212,798 212,798
Item
Source of
Funds
Use of
Funds Explanation
Water & Sewer Utilities
Department -
Resources/Production
16,117 Increases the resources/production appropriation to account for higher than budgeted maintenance
and operations costs associated with the Regional
Wastewater Facility, which the City co-owns with
the City of San Jose (five affirmative Council
votes required for the use of unused
balances).
Unrestricted Ending Fund
Balance
(16,117) Decreases the Unrestricted Ending Fund Balance to offset the action above (five affirmative
Council votes required for the use of unused
balances).
- -
Sewer Utility Debt Service Fund (494)
Sewer Utility Fund (094)
5