Attachment 5
Department/Item
Source of
Funds
Use of
Funds Explanation
Miscellaneous Charges for
Services / City Manager's
Office
50,000 50,000 Increases the miscellaneous charges for services revenue estimate to recognize developer funding
and increases the City Manager's Office
appropriation to provide funding for a
reimbursement agreement for a potential
development within the City (five affirmative
Council votes required to appropriate additional
revenue).
Other Agencies Revenue
(Wildland Deployment
Reimbursements) / Fire
Department
307,940 307,940 Recognizes Cal OES reimbursements for wildland deployments in 2024 for the Shelley and Hill fires as
well as OES Preposition incidents, and appropriates
the funding to the Fire Department to cover the
associated costs (five affirmative Council votes
required to appropriate additional revenue).
Transfer to the Streets and
Highways Capital Fund
199,106 Establishes a transfer from the General Fund
Budget Stabilization Reserve to the Streets and
Highways Capital Fund to return interest earned on
a developer fee that was reimbursed to the
developer on September 30, 2024 (five affirmative
Council votes required for the use of unused
balances).
Budget Stabilization Reserve (199,106) Decreases the Budget Stabilization Reserve to offset the transfer to the Streets and Highways
Capital Fund above (five affirmative Council
votes required for the use of unused balances).
357,940 357,940
General Fund (001)
FY2024/25 Budget Amendments
1 Attachment 5
FY2024/25 Budget Amendments
Department/Item
Source of
Funds
Use of
Funds Explanation
Other Revenue / Contractual
Services
153,950 178,950 Increases the Other Revenue estimate to fund repairs to a Fire Engine that was in an accident,
including recognizing insurance reimbursements of
$153,950 and increasing the Contractual Services
budget by $178,950 to cover the repair costs. The
variance between the insurance reimbursement and
the cost of repair will be offset by a decrease to the
ending fund balance. Funding for the fire engine
repairs was originally appropriated in the prior fiscal year on June 25, 2024 as part of the March Monthly
Financial Report, however payment for the repairs
took place in this fiscal year (five affirmative
Council votes required to appropriate additional
revenue).
Unrestricted Ending Fund
Balance
(25,000) Decreases the Unrestricted Fund Balance to cover a portion of the fire engine repair costs described
above (five affirmative Council votes required
for the use of unused balances).
153,950 153,950
Department/Item
Source of
Funds
Use of
Funds Explanation
Materials/Services/Supplies 438,000 Increases the Materials/Services/Supplies appropriation provide additional funding for the
network replacement project (five affirmative
Council votes required for the use of unused
balances).
Capital Outlay 78,000 Increases the Capital Outlay appropriation to provide additional funding for computer
replacements citywide (five affirmative Council
votes required for the use of unused balances).
Unrestricted Ending Fund
Balance
(516,000) Decreases the Unrestricted Fund Balance to offset the action above (five affirmative Council votes
required for the use of unused balances).
- -
Fleet Management Fund (053)
Information Technology Services Fund (045)
2 Attachment 5
FY2024/25 Budget Amendments
Department/Item
Source of
Funds
Use of
Funds Explanation
Developer Contributions / Kylii
Project / Democracy Way
135,600 135,600 Increases the developer contributions revenue estimate and increases the Kylii Project on
Democracy Way. Of the amount requested,
$30,000 will be allocated to the City Attorney's
Office, as the Kylii Developer has requested an
additional hearing for the project and the increase is
expected to cover additional legal expenses related
to the hearing, and a contingency for future items
that may arise after development begins. The
remaining $105,600 will be allocated to the City
Manager's Office for an economic consultant to
review and provide a community benefit, peer
review fiscal impact analysis and conduct
negotiations on behalf of City staff for the
development agreement for the Kylii Development
(five affirmative Council votes required to
appropriate additional revenue).
135,600 135,600
Department/Item
Source of
Funds
Use of
Funds Explanation
Capital Outlay 760,000 Increases the Capital Outlay appropriation to provide funding for various projects to update audio
visual systems and related equipment to facilitate
public meetings (five affirmative Council votes
required for the use of unused balances).
Unrestricted Ending Fund
Balance
(760,000) Decreases the Unrestricted Fund Balance to offset the action above (five affirmative Council votes
required for the use of unused balances).
- -
Prefunded Plan Review Fund (157)
Public, Educational and Governmental Fee Fund (221)
3 Attachment 5
FY2024/25 Budget Amendments
Department/Item
Source of
Funds
Use of
Funds Explanation
Claims Payments 4,300,000 Increases the Claims Payments appropriation to account for a settlement agreement related to the
Sewer Utility. Reimbursement to the Special Liability
Fund from the Sewer Utility Fund will be brought to
forward for City Council approval at a later date
(five affirmative Council votes required for the
use of unused balances).
Reserve for Future Claims (4,300,000) Decreases the Reserve for Future Claims to offset the action recommended above (five affirmative
Council votes required for the use of unused
balances).
- -
Department/Item
Source of
Funds
Use of
Funds Explanation
Other Agencies Revenue /
Annual Curb Ramp Installation
Project
191,822 191,822 Increases the Other Agencies Revenue estimate by $191,822 to recognize funding from the FY 2024/25
Metropolitan Transportation Commission (MTC)
Transportation Development Act (TDA) Article 3
allocation administered through the Santa Clara
Valley Transportation Authority (VTA) which is the
County of Santa Clara Congestion Management
Agency. In RTC 24-289 on June 4, 2024, Council
approved the filing of an application for allocation of funding for FY 2024/25. On November 20, 2024, the
MTC approved an allocation of TDA funds. This
action also appropriates the funding to the Annual
Curb Ramp Installation Project (Project 533-1250).
This project installs curb ramps within the City that
do not comply with the current Americans with
Disabilities Act (ADA) guidelines (five affirmative
Council votes required to appropriate additional
revenue).
Transfer from the General
Fund - Budget Stabilization
Reserve / Developer
Reimbursement Project
199,106 199,106 Establishes a transfer from the General Fund Budget Stabilization Reserve and increases the
Developer Reimbursement project budget to return
interest earned on a recently refunded developer
contribution. The interest was retained in the
General Fund, and per State law, the City is
required to provide the developer the $199,106
interest earned along with the refunded contribution
(five affirmative Council votes required to
appropriate additional revenue).
Streets and Highways Capital Fund (533)
Special Liability Insurance Fund (082)
4 Attachment 5
FY2024/25 Budget Amendments
Department/Item
Source of
Funds
Use of
Funds Explanation
Other Agencies Revenue /
Unrestricted Ending Fund
Balance Technical Adjustment
810 810 Increases the Other Agencies Revenue estimate by $810 as a technical adjustment to correct the
revenue carryover amount from FY 2023/24 to FY
2024/25. The revenue carryovers included in the
Adopted Budget Source and Use Statement were
slightly understated from the carryovers approved
by Council as part of the budget adoption process.
The offset is an increase to the Unrestricted Ending
Fund Balance (five affirmative Council votes
required to appropriate additional revenue).
Transfer from the General
Fund - Capital Projects
Reserve / Unrestricted Ending
Fund Balance Technical
Adjustment
100,000 100,000 Increases the Transfer from the General Fund - Capital Project Reserve by $100,000 as a technical
adjustment to correct an error on the FY 2024/25
Adopted Budget Source and Use statement and
bring this transfer into alignment with the General
Fund budget. As part of the final adoption of the FY
2024/25 budget, additional funding of $100,000
from the General Fund Capital Projects Reserve
was allocated to this fund but not reflected in the
Streets and Highways Source and Use Statement.
This action corrects the error, and is offset by an
increase to the Unrestricted Ending Fund Balance
(five affirmative Council votes required to
appropriate additional revenue).
Other Agencies Revenue /
Unrestricted Ending Fund
Balance
214,938 214,938 Increases the Other Agencies Revenue estimate by $214,938 to correct erroneous negative carryover
adjustments for Developer Contributions ($214,285)
and Street Tree in Lieu fees ($653) included the FY
2023/24 Year-End Report approved by Council on
December 3, 2024. The offset is an increase to the
Unrestricted Ending Fund Balance
(five affirmative
Council votes required to appropriate additional
revenue).
706,676 706,676
Streets and Highways Capital Fund (533) (Cont'd.)
5