FY2022-23
Operating Budget
Presentation to City Council Study Session
Jason Wong, Acting Director of Finance
June 8, 2022
AGENDA
1 BUDGET OVERVIEW
2 FY22-23 GENERAL FUND REVENUE PROJECTIONS
3 FY22-23 GENERAL FUND DEPARTMENT EXPENDITURES
4 OTHER ACTIONS
2 5 Q&A
2 Budget Overview
Budget Overview 1
Planned Meetings to Discuss Budget
– Budget Standing Committee: May 23, 2022
– City Council Study Session: June 8, 2022
– City Council Adoption: June 22, 2022
City Reserves = $51,200,000
– General Reserves = $21,900,000
– Infrastructure Reserves = $19,700,000
– CalPERS Stabilization Reserve = $5,500,000
– Unappropriated GF Balance = $4,100,000
3 FY2022-23 Revenue Projections
FY22-23 General Fund Revenue Projections 2
4 REVENUE TYPE
FY 2020-21
Actuals
FY 2021-22
Adjusted Budget
FY 2022-23
Proposed Budget
Percentage of Total
Projected Revenues
Property Taxes $ 44,239,406 $ 41,074,710 $ 43,804,769 36.0% Sales Tax (w/o Measure W) 19,370,155 20,281,177 20,991,018 17.2% Transient Occupancy Tax 6,710,270 8,585,194 11,160,752 9.2% Other Taxes 4,529,764 3,614,753 4,893,252 4.0%
Franchise Fees 4,498,202 4,600,000 4,600,000 3.8%
Licenses & Permits 15,589,001 16,453,166 15,500,000 12.3% Fines & Forfeitures 535,750 676,975 710,824 0.6%
Revenue from Other Agencies 4,323,148 4,783,652 2,844,618 2.3% Charges for Services 6,516,155 7,794,670 8,799,097 7.2% Interest and Rent 2,245,296 4,194,976 5,453,469 4.5%
Other Revenues 733,823 309,383 259,383 0.2%
Transfers In 2,272,022 4,018,961 3,245,000 2.7%
TOTAL REVENUES $ 111,562,992 $ 116,387,617 $ 122,262,182 FY2022-23 Department Expenditures
FY22-23 General Fund Department Expenditures 3
5 DEPARTMENT
FY 2020-21
Actuals
FY 2021-22
Adjusted Budget
FY 2022-23
Proposed Budget
Change FY 2021-22
Adopted Budget
Council, Clerk, Treasurer $ 1,219,659 $ 1,664,515 $ 1,555,383 -3.06% City Attorney 987,045 910,049 940,290 3.32%
City Manager’s Office 3,725,990 4,057,739 4,497,997 39.93% Finance Department 2,917,391 4,332,882 3,892,875 2.23%
Non-Departmental 3,214,732 2,071,658 2,044,367 13.9%
Human Resources Department 1,654,368 2,278,204 2,518,004 23.27% Economic & Community Develop. 6,560,599 13,556,469 8,907,770 8.27% Fire Department 31,817,321 29,797,503 31,313,293 6.12%
Police Department 30,959,959 32,761,570 32,957,662 1.76% Public Works Department 5,731,644 6,295,981 7,120,654 19.11% Library Department 5,903,883 6,669,798 6,706,110 7.78%
Parks and Recreation Department 15,795,639 17,990,116 19,608,365 17.21% CIP 3,384,196 3,896,254 100,000 -84.0%
TOTAL $ 113,872,426 $ 126,272,738 $ 122,162,770
Information Technology (ISF) $ 3,238,514 $ 4,218,377 $ 4,311,906 16.76% FY2022-23 Department Expenditures
FY22-23 General Fund Department Expenditures 3
6 NEW FTE REQUESTS
Department
Total
FTEs
Salaries and
Benefits ($) –
General Fund
Salaries and
Benefits ($) –
Other Funds
City Manager 1.08 $163,992 -
Finance 1.00 191,221 -
Human Resources 3.00 552,138 -
ECD 1.00 196,743 $86,665
Public Works 3.52 183,383 213,120
Library 2.00 165,084 -
Parks & Recreation 7.66 1,141,219 66,358
TOTAL 19.26 $2,593,780 $366,143
Information Technology 2.00 364,259 -
GRAND TOTAL 21.26 $2,958,039 $366,143
FY2022-23 Department Expenditures
FY22-23 General Fund Department Expenditures 3
7 Human Resources
2% Econ. & Comm.
Development
7%
Non-Departmental
2%
Fire
26%
CIP
0%
City Manager
4%
Other (Council, Clerk, Etc)
2%
Police
27%
Public Works
6%
Library
5%
Finance
3%
Parks & Recreation
16%
General Fund Summary (FY2022-23)
8 FY22-23 General Fund Summary 3
Description Amount
PROJECTED REVENUES $122,262,182
PROJECTED EXPENDITURES $122,162,770
RESULT $99,412 SURPLUS
Resolution
General Fund Budget
Other Funds
GANN Appropriations Limit
9 Other 4
Vehicle Replacements and Street Sweepers
Electric vs Diesel
Total Cost of Ownership Analysis
10 Other 4
QUESTIONS
11 Q&A 5