Fund/Department Description
FY 2024-25
Increase /
(Decrease)
GENERAL FUND (01)
CITY MANAGER Represents an adjustment to digital kiosk franchise fee revenues due to permitting and construction delays and a January 1, 2025 effective date for the minimum annual guarantee, as well as a revenue sharing arrangement among the General, Beach and Pier Funds. $ (1,937,400)
TOTAL CITY MANAGER REVENUE ADJUSTMENTS $ (1,937,400)
Represents a delay in the receipt of condominium tax revenue due to the postponement of major condominium projects as a result of the updated Housing Element. $ (290,000)
Represents a shift in the collection of seismic retrofit program revenues as the buildings remaining on the seismic list tend to be larger, involving higher plan check fees but taking longer time to complete. (166,242) Reflects a decrease in revenues as Code Enforcement Officers issued more warnings in lieu of immediate citations, as well as staff vacancies that impeded enforcement of vacation rental citations, which tend to involve the highest fines. (117,946)
TOTAL COMMUNITY DEVELOPMENT REVENUE ADJUSTMENTS $ (574,188) FIRE Represents an increase in reimbursements from greater mutual aid deployments this fiscal year resulting from an uncharacteristically active and longer than normal wildfire season on the West Coast, offset by a reduction in revenues from commercial inspections due to overestimated projections from a FY 2022 fee study and a reduction in revenues from Emergency Medical Services due to the current contracted ambulance company not collecting the Paramedic ALS Fee for BLS transports. $ 1,042,265 TOTAL FIRE REVENUE ADJUSTMENTS $ 1,042,265
Reflects an increase in revenues for all CREST programs from higher than anticipated enrollment due to fewer afterschool options offered by schools. $ 202,322
TOTAL HOUSING AND HUMAN SERVICES REVENUE ADJUSTMENTS $ 202,322 INFORMATION SYSTEMS Reflects a decrease in revenues due to a decline in fiber optic services customers. $ (311,856)
TOTAL INFORMATION SYSTEMS REVENUE ADJUSTMENTS $ (311,856) POLICE Represents a one-time increase in revenues due to parking citations issued in FY 2023-24 but revenue not received until FY 2024-25, partially offset by reductions in animal license renewal revenues and requests for security for onsite filming. $ 961,592
TOTAL POLICE REVENUE ADJUSTMENTS $ 961,592
DETAIL OF PROPOSED REVISIONS TO FY 2024-25 BUDGET
REVENUE BUDGET ADJUSTMENTS
COMMUNITY
DEVELOPMENT
HOUSING AND HUMAN
SERVICES
March 8, 2025 A-1
Attachment A
Fund/Department Description
FY 2024-25
Increase /
(Decrease)
DETAIL OF PROPOSED REVISIONS TO FY 2024-25 BUDGET
PUBLIC WORKS Reflects an increase in revenues primarily due to a shift in the timing of a funding contribution from SMC related to the Memorial Park Redevelopment and Expansion Project, partially offset by various revenue reductions due to a later start date to EV charger related services, a decline in utility excavation permits for placement of fiber by telecommunications providers, a reduction in wireless facilities fees, and a decline in the quantity or complexity of landscaping plan checks. $ 183,797 TOTAL PUBLIC WORKS REVENUE ADJUSTMENTS $ 183,797
DEPARTMENT OF
TRANSPORTATION
Reflects a decrease in revenue due to a decline in requests for temporary traffic control and a reduction in parking revenues due to the January 2025 wildfires, including the relocation of the 2025 Genesis Invitational, an annual golf tournament held each February at the Riviera Country Club in Pacific Palisades which offered shuttle service to and from Parking Structure 1. $ (392,016)
TOTAL DEPARTMENT OF TRANSPORTATION REVENUE ADJUSTMENTS $ (392,016) NON-DEPARTMENTAL Reflects increased business license tax revenue due to greater than projected gross receipts reported by businesses and one-time revenue related to the tax audit program. $ 3,200,000
Reflects increases associated with voter-approved Measure K, increasing the parking facility tax by 8% on privately owned parking lots and structures. The increase took effect January 1, 2025. 2,744,272 Reflects utility user tax revenue growth from increased rates set by utilities companies.
316,200
Reflects adjustment to align with historical actual vehicle license fees collected.
140,000
Reflects adjustment to align with delayed project timeline on the Miramar development project.
(2,000,000)
Reflects lower than projected sales and use tax revenue from continued impact from the consumer shift from brick-and-mortar purchases toward online sales, as well as decreased spending in new car sales and fine-dining. (3,963,213) Reflects lower than projected transient occupancy tax revenue, primarily due to delayed reopening of the Regent Hotel, slow recovery of international travel and lingering impacts of regional wildfires on travel to the City in the third quarter of the fiscal year.
(3,629,782)
Reflects increased property tax revenue based on the 2% CPI adjustment applied per Proposition 13 this year, along with robust revenues from former redevelopment project areas. 1,202,143
TOTAL NON-DEPARTMENTAL REVENUE ADJUSTMENTS $ (1,990,380) TOTAL GENERAL FUND REVENUE ADJUSTMENTS $ (2,815,864)
March 8, 2025 A-2
Fund/Department Description
FY 2024-25
Increase /
(Decrease)
DETAIL OF PROPOSED REVISIONS TO FY 2024-25 BUDGET
AIRPORT FUND (57)
PUBLIC WORKS Reflects a decrease of approximately $2.3 million primarily due to lower lease revenues and rent credits as a result of renovation delays, partially offset by increased hangar rentals. $ (2,279,554)
$ (2,279,554)
BEACH FUND (11)
COMMUNITY
DEVELOPMENT
Represents an adjustment to digital kiosk franchise fee revenues due to permitting and construction delays and a January 1, 2025 effective date for the minimum annual guarantee, as well as a revenue sharing arrangement among the General, Beach and Pier Funds. $ 196,438
$ 196,438
BIG BLUE BUS (60)
DEPARTMENT OF
TRANSPORTATION
Represents a decrease primarily due to a reduction in advertising revenue as well as an adjustment to align with the final funding allocations from LA Metro, reflecting its overall decrease in operating subsidy to the Big Blue Bus. $ (1,607,825)
$ (1,607,825)
CEMETERY FUND (59)
PUBLIC WORKS Reflects a decrease in revenues due to lower demand for mortuary services and a reduction in the sales of caskets and cemetery and cremation plots. $ (90,000) TOTAL CEMETERY FUND REVENUE ADJUSTMENTS $ (90,000)
GAS TAX FUND (26)
PUBLIC WORKS Reflects a one-time increase in gas tax revenue to align with revised California Department of Finance projections based on higher than anticipated fuel consumption. $ 106,181
TOTAL GAS TAX FUND REVENUE ADJUSTMENTS $ 106,181
HOUSING AUTHORITY FUND (12)
HOUSING AND HUMAN
SERVICES
Adjustment reflects a decline in Section 8 voucher utilization and lower housing assistance payments due to a longer lease-up period, offset by an increase in rental subsidy revenue related to the Emergency Housing Voucher program. $ (1,333,690)
$ (1,333,690)
TOTAL AIRPORT FUND REVENUE ADJUSTMENTS
TOTAL BIG BLUE BUS REVENUE ADJUSTMENTS
TOTAL HOUSING AUTHORITY FUND REVENUE ADJUSTMENTS
NON-GENERAL FUNDS
TOTAL BEACH FUND REVENUE ADJUSTMENTS
March 8, 2025 A-3
Fund/Department Description
FY 2024-25
Increase /
(Decrease)
DETAIL OF PROPOSED REVISIONS TO FY 2024-25 BUDGET
MISCELLANEOUS GRANTS FUND (20)
FIRE Represents the award of a new Hazardous Materials Emergency Preparedness (HMEP) Grant to update the City's Hazardous Materials Area Plan. $ 19,155
HOUSING AND HUMAN
SERVICES
Represents a budget correction to account for the loss of subsidies from the State of California when it deemed the PAL and VAP summer lunch programs ineligible for reimbursement.
(10,000)
PUBLIC WORKS Represents adjustments to the capital expenditure and grant revenue budgets to reflect an additional allocation from Caltrans for the Pier Bridge Project. 35,000
Represents an additional award amount for the SB1383 Local Assistance Grant to promote the implementation of regulation requirements associated with SB 1383 (mandatory organic waste recycling). 245,580
$ 289,735
PIER FUND (53)
COMMUNITY
DEVELOPMENT
Represents an adjustment to digital kiosk franchise fee revenues due to permitting and construction delays and a January 1, 2025 effective date for the minimum annual guarantee, as well as a revenue sharing arrangement among the General, Beach and Pier Funds. $ 196,438
$ 196,438
SPECIAL REVENUE SOURCE FUND (10)
Represents a one-time increase in revenue from fees collected from developers in-lieu of building affordable housing.
$ 438,000
Represents higher than anticipated revenue as a result of a one-time increase in the number of payors into the Opioid Settlement Fund. 740,664
PUBLIC WORKS Represents a reduction primarily in Parks and Recreation Impact Fees to be collected as a result of no additional projects anticipated to be completed this fiscal year, as well as lower than expected Low Carbon Fuel Standard (LCFS) credit revenue from the Greenwealth contract scheduled to start in February 2025. (1,065,000)
$ 113,664
TOTAL MISCELLANEOUS GRANTS FUND REVENUE ADJUSTMENTS
TOTAL PIER FUND REVENUE ADJUSTMENTS
TOTAL SPECIAL REVENUE SOURCE FUND REVENUE ADJUSTMENTS
HOUSING AND HUMAN
SERVICES
March 8, 2025 A-4
Fund/Department Description
FY 2024-25
Increase /
(Decrease)
DETAIL OF PROPOSED REVISIONS TO FY 2024-25 BUDGET
VEHICLE MANAGEMENT FUND (70)
Represents revenue into the Vehicle Management Fund from the Beach Fund, associated with the purchase of a beach sweeper that was approved as part of the Capital Improvement Plan. $ 127,500
Reflects a decline in payments from City departments for the cost of CNG and regular fuel due to reduced diesel usage as well as fluctuation in fuel prices. (315,000)
$ (187,500)
WASTEWATER FUND (51)
PUBLIC WORKS Represents a decrease in revenue reflecting the postponement of a rate study, which would have implemented rate increases in January 2025, to allow sufficient time for public engagement and avoid potential confusion with local ballot measures and council elections. Results of the rate study will be presented to Council on March 25, 2025 with rate adjustment recommendations to be presented to Council for adoption in June 2025 and new rates to take effect in July 2025. $ (3,408,585) $ (3,408,585)
WATER FUND (50)
PUBLIC WORKS Represents a decrease in revenue reflecting the postponement of a rate study, which would have implemented rate increases in January 2025, to allow sufficient time for public engagement and avoid potential confusion with local ballot measures and council elections. Results of the rate study will be presented to Council on March 25, 2025 with rate adjustment recommendations to be presented to Council for adoption in June 2025 and new rates to take effect in July 2025. The revenue decrease was partially offset by a one-time increase in revenue from recycling old meters as part of the Advanced Metering Infrastructure (AMI) project. $ (4,482,286) TOTAL WATER FUND REVENUE ADJUSTMENTS $ (4,482,286)
TOTAL NON-GENERAL FUND REVENUE ADJUSTMENTS $ (12,486,984) GRAND TOTAL - ALL FUND REVENUE ADJUSTMENTS $ (15,302,848)
TOTAL WASTEWATER FUND REVENUE ADJUSTMENTS
TOTAL VEHICLE MANAGEMENT FUND REVENUE ADJUSTMENTS
PUBLIC WORKS
March 8, 2025 A-5
Fund/Department Description
FY 2024-25
Increase /
(Decrease)
DETAIL OF PROPOSED REVISIONS TO FY 2024-25 BUDGET
EXPENDITURE BUDGET ADJUSTMENTS
GENERAL FUND (01)
CITY ATTORNEY Reflects anticipated legal costs associated with ongoing litigation over a request to transition to district elections.
$ 2,000,000
POLICE Reflects compensation adjustments related to terms in the Santa Monica Police Officers Association (POA) Memorandum of Understanding, which requires base salaries of POA employees be adjusted to cause the "net pay” of the Police Officer job classification to be the second highest in comparison to local police departments. $ 1,587,485
NON-DEPARTMENTAL Reflects reduced allocation to SMMUSD due to lower than projected transaction and use tax revenue as discussed above. $ (935,750) Reflects reduced transfer to the Housing Trust Fund due to lower than projected transaction and use tax revenue as discussed above. $ (467,875) TOTAL GENERAL FUND EXPENDITURE ADJUSTMENTS $ 2,183,860
March 8, 2025 A-6
Fund/Department Description
FY 2024-25
Increase /
(Decrease)
DETAIL OF PROPOSED REVISIONS TO FY 2024-25 BUDGET
NON-GENERAL FUNDS
HOUSING AUTHORITY (12) FUND
Adjustment reflects a decline in Section 8 voucher utilization and lower housing assistance payments due to a longer lease-up period, partially offset by an increase in services provided to Emergency Housing Voucher holders and voucher holders from other jurisdictions. $ (1,231,367) TOTAL HOUSING AUTHORITY FUND EXPENDITURE ADJUSTMENTS $ (1,231,367) MISCELLANEOUS GRANTS (20) FUND
FIRE Represents the award of a new Hazardous Materials Emergency Preparedness (HMEP) Grant administered by the California Governor's Office of Emergency Services (CalOES) to update the City's Hazardous Materials Area Plan. $ 19,155
PUBLIC WORKS Represents an additional award amount from California Department of Resources Recycling and Recovery (CalRecycle) for its SB1383 Local Assistance Grant Program to promote the implementation of regulation requirements associated with SB 1383 (mandatory organic waste recycling). $ 245,580
CAPITAL IMPROVEMENT
PROGRAM
Represents adjustments to the capital expenditure and grant revenue budgets to reflect an additional allocation from Caltrans for the Pier Bridge Project. $ 1,042,999
TOTAL MISCELLANEOUS GRANTS FUND EXPENDITURE ADJUSTMENTS $ 1,307,734 SPECIAL REVENUE SOURCE (10) FUND
NON-DEPARTMENTAL Reflects reduced transfer to the Housing Trust Fund due to lower than projected transaction and use tax revenue as discussed above. $ 467,875 TOTAL SPECIAL REVENUE SOURCE FUND EXPENDITURE ADJUSTMENTS $ 467,875 $ 544,242
HOUSING AND HUMAN
SERVICES
TOTAL NON-GENERAL FUND EXPENDITURE ADJUSTMENTS
March 8, 2025 A-7
Fund/Department Description
FY 2024-25
Increase /
(Decrease)
DETAIL OF PROPOSED REVISIONS TO FY 2024-25 BUDGET
TOTAL GENERAL FUND REVENUE ADJUSTMENTS $ (2,815,864)
TOTAL NON-GENERAL FUND REVENUE ADJUSTMENTS $ (12,486,984) GRAND TOTAL ALL FUNDS REVENUE ADJUSTMENTS $ (15,302,848) GENERAL FUND OPERATING EXPENDITURE ADJUSTMENTS $ 2,183,860 GENERAL FUND CAPITAL EXPENDITURE ADJUSTMENTS $ -
TOTAL GENERAL FUND EXPENDITURE ADJUSTMENTS $ 2,183,860
NON-GENERAL FUND OPERATING EXPENDITURE ADJUSTMENTS $ (498,757) NON-GENERAL FUND CAPITAL EXPENDITURE ADJUSTMENTS $ 1,042,999 TOTAL NON-GENERAL FUND EXPENDITURE ADJUSTMENTS $ 544,242 GRAND TOTAL ALL FUNDS EXPENDITURE ADJUSTMENTS $ 2,728,102
SUMMARY - REVENUE BUDGET ADJUSTMENTS
SUMMARY - EXPENDITURE BUDGET ADJUSTMENTS
March 8, 2025 A-8