Budget Standing Committee of the City Council
February 15, 2023

FY 2022-23
Mid-Year Budget Review
Presentation to Budget Subcommittee
Karen Chang, Director of Finance
FEBRUARY 15, 2023
FY 2022-23
Revenues
• FY 2022-23 Budgeted Revenues = $126.2 million
• Total Receipts through December 31 = $67.6
million (53.6%)
REVENUES FY 2021-22 FY2022-23
(in millions) Adjusted
Budget
Actuals
as of 12/31
%age of
Budget
Adjusted
Budget
Actuals
as of 12/31
%age of
Budget
Property Tax $41.1 $19.0 46.2% $43.8 $25.5 58.2%
Sales Tax 20.3 6.8 33.3% 21.0 7.9 37.7%
TOT 8.6 4.5 52.2% 11.2 7.4 65.9%
Licenses & Permits 16.5 6.7 40.7% 15.5 11.5 74.0%
Intergovernmental 5.8 1.6 27.2% 4.8 0.9 18.5%
Service Charges 7.8 3.9 53.0% 8.7 4.3 51.1%
All Other Revenues 13.5 5.2 38.5% 16.0 7.6 47.5%
Transfers In 5.5 1.5 27.4% 5.2 2.5 47.5%
TOTAL $119.1 $49.2 41.3% $126.2 $67.6 53.6%
2 General
Fund -
Highlights
Revenues
• Property Taxes, Sales Taxes, TOT and
Permits are trending higher than
anticipated
• Intergovernmental funds are less
than projected
Expenditures
• Most expenditures are trending as
budgeted
• Major Budget adjustments include
PO and CIP rollovers, Salary &
benefits adjustments
3 Other FundsHighlights
Revenues
• Contribution to Benefits Fund
Expenditures
• Budget adjustments to various
funds to reflect projected increase in
program costs & capital needs
4 General Fund –
Proposed FY 2022-23
Adjustments Summary
• $10.4 million increase in Revenue
• $3.0 million increase in Expenditures
General Fund Summary
FY 22-23
Adopted Budget
Approved Budget
Adjustment
FY 22-23
Adjusted Budget
Proposed
Adjustments
FY 22-23
Proposed Amended
Budget
Revenue 122.3 4.0 126.2 10.4 136.7
Reserves-POs & CIP 10.9 10.9 10.9
Available Resources 14.9 137.1 147.6
Expenditure (122.2) (16.5) (138.7) (3.0) (141.7)
Est. Net Revenue (Expenditure) 0.1 (1.6) (1.6) 7.4 5.9
5 FY 2022-23
General Fund
Proposed
Revenue
Adjustment Revenue Category
FY 2022-23
Adjusted
Budget
Proposed
Adjustment
FY 2022-23
Proposed
Amended
Budget
Property Taxes $ 43,804,769 $ 2,000,000 $ 45,804,769
Sales Taxes 20,991,018 1,400,000 22,391,018
TOT 11,160,752 3,000,000 14,160,752
Other Taxes 4,893,252 800,000 5,693,252
Franchise Fees 4,600,000 - 4,600,000
License & Permits 15,500,000 3,925,400 19,425,400
Intergovernmental (Grants) 4,807,246 (800,000) 4,007,246 Charges for Services 8,799,097 (584,000) 8,215,097
Use of Money & Property 5,453,469 - 5,453,469
Other Revenues 974,727 - 974,727
Transfers In 5,207,400 694,000 5,901,400
Total $126,191,730 $10,435,400 $ 136,627,130
6 FY 2022-23 Proposed General Fund Supplies & Services
Appropriation Requests
Estimate ongoing cost for FY 23-24 $1 million
Dept Description
Requested
Amount
CMO Survey for BNGC Property $ 15,000
CMO Antoinette Lane Name Change 30,000
Non-Expenses Dept Contribution to Benefits Fund 200,000 PW Consultants Cost Increase (offset by Permit Fee Rev) 950,000 Non-Dept ADP to CalPERS to paydown unfunded liability 608,000 P&R Corp Yard HVAC Unit 25,000
P&R Upgrade MERV 13 HVAC, various City bldg 80,000
P&R Police Station Bird Mitigation 40,000
P&R Repair MSB Fire Sprinkler Deficiencies 41,000
P&R New Pool Pump 11,000
P&R SF Opera Pop-Up Series at OMP 30,000
P&R Consulting Services for Measure DD Revamp 150,000
CIP Francisco Terrace Flood Wall project 120,000
Total $ 2,300,000
7 FY 2022-23 Proposed General Fund Personnel Appropriation Requests
Estimated payroll costs for FY 23-24 $2.7M
Dept Position FTE
Requested
Amount
PD Police Officer (backfill lieutenant 2-Year assignment) 1.00 $ - PW Engineer - Senior 1.00 53,000
PW Management Analyst I 1.00 36,000
Library Library Assistant II (Hourly) 0.06 5,000
Library Library Clerk (Hourly) 0.06 3,000
Library Office Specialist (Hourly) 0.06 4,000
P&R Management Analyst II 1.00 53,000
P&R Recreation Leader III (Hourly) 3.09 64,000
P&R Recreation Instructor (Hourly) 3.00 51,000
P&R Recreation & Community Services Program Coord 1.00 70,000 P&R Park Maintenance Worker 1.00 32,000
P&R Park Maintenance Worker (hourly) 1.30 113,000
P&R Building Maintenance Custodian - Senior 2.00 61,000 P&R Building Maintenance Custodian 4.00 111,000
Total 19.57 $ 656,000
8 FY2022-23 Non-General Fund Appropriation Requests
9 Description Amount Funding Source
P&R - Park Maintenance Worker-Hourly $ 1,000 Common Greens P&R - Oyster Point Maintenance Supplies 20,000 Oyster Point CFD Special Tax P&R - Oyster Point Water Cost Adjustments 51,000 Oyster Point CFD Special Tax P&R - OMP Ballfield restroom refurbishing 100,000 Infrastructure Reserve P&R - OMP Tennis Court restroom refurbishing 50,000 Infrastructure Reserve P&R - OMP Basketball Court Restroom refurbishing 50,000 Infrastructure Reserve P&R - Repaving Tennis court 94,000 Infrastructure Reserve Fire - Rescue Boat 308,000 Developer Deposit
Fire - Rescue Boat reserve 92,000 Public Safety Impact Fee WQCP - Chemical cost increase 275,000 Sewer Fund
WQCP - SSF Scavenger SB1383 organics mandate 600,000 Sewer Fund PW - Add sales taxes to vehicle purchase budget 370,000 Equipment Repl Fund Total $ 2,011,000
FY2022-23 Capital Projects Funding Requests
10 Project Amount Funding Source
Utah & Harbor Intersection Improvement $ 2,500,000 E 101 Traffic Impact Fee Sea Level Rise Study & Planning at WQCP 1,360,000 Sewer Fund CDBG Curb Ramp Replacement 250,000 Infrastructure Reserve Survey Monument 125,000 Infrastructure Reserve
Misc Traffic Improvements 100,000 Infrastructure Reserve Police Operations & 911 Dispatch Center 25,000 PEG Fund Francisco Terrace Flood Wall (120,000) ARPA - Funding source swap Francisco Terrace Flood Wall 120,000 General Fund
Total $ 4,360,000
FY2022-23 GF Reserves & Unassigned Fund Balance
City Reserves
 General Reserves $ 25,100,000
 Pension Reserves 5,545,000
 Infrastructure Reserves 7,690,800
TOTAL Reserve Levels $ 38,335,000
FY22-23 General Fund Unassigned FB
Combined:
$50,567,584
11 Next Steps
Council Meeting at 2/22
Thank you!
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