RANKING
(Highest to
Lowest
Agency
Contribution
for Medical
Insurance THOUSAND OAKS
Based on COMPARATOR
Year 2023) AGENCIES MEDICAL INSURANCE
Average of CaPERS
Region 3 2023 Rates 2097.6
Employees have the option of enrolling themselves and/or their dependents into a nocost medical plan rather than being subject to the cap as set forth in Article 18, item A., above. Under the no-cost plan, the City will provide any HMO Medical Plan and any HMO Dental Plan offered by the City. Under this option, employees may choose to upgrade from the HMO Dental Plan to the PPO Dental Plan, however the employee will be required to pay the difference in premium between the HMO Dental Plan and the PPO Dental Plan.
Effective January 1, 2015, any increase in the cost of the HMO Medical Plans over the costs in effect December 31, 2014, will be borne as follows: The City will pay 95% of the increased cost, and employees enrolled in HMO Medical Plans will pay the remaining 5% of cost increases in annual premiums. Each year thereafter, the amount paid by employees in prior years will be added that portion of the increase (five percent 5%) the employees will pay in the 1 City of Irvine current year.
2023 - CalPERS offers several HMOs and PPOs. City
contributes $151.00/mo to all enrollees (including
retirees)
City sets monthly flex credit at 90% of Family PERS Choice Rate, less the mandatory health contribution. Current rate is $2,224.00/mo (pro-rated for 2 City of Camarillo regular parttime employees).
Effective January 1, 2019, the City shall contribute toward medical premiums an amount equal to the actual cost of the medical insurance premium for the medical plan that an eligible employee is enrolled in, less any required employee contributions set forth below.
Effective January 1, 2019 7% of the monthly premium
Effective January 1, 2021 8% of the monthly premium
Should the cost of annual premiums for the plans listed above increase, employees agree to pay contributions towards the cost of their medical insurance according to the schedule set forth in Section 7 above (Effective January 1, 2019 7% of the monthly premium; Effective January 1, 2021 8% of the monthly premium), not to exceed a 15% annual increase, for their selected City of Santa Monica plan.
Received at City Council
Meeting of 6 \ 23
Agenda Item # 3
Copies to Coral, . CM, CA
4 City of Simi Valley 2023 - max of $2089.74 (family plan) Effective January 1, 2022, the District shall pay up to $1,860.48 per month for the employee's selected medical insurance plan (which represents 98% of the Kaiser HMO family plan)
Effective January 1, 2023, and each January 1, thereafter, the District's contribution towards the employee's selected medical insurance plan shall be adjusted based on the average change among the District's offered plans (Anthem Blue Cross Classic PPO, Anthem Blue Cross Advantage PPO, Anthem Blue Cross California Care HMO, or Kaiser Permanente HMO Plans) from the Las Virgenes Municipal | prior year's monthly premium. The adjustment will not be less than 0% and 5 Water District will not exceed 5.0%.
2020-$1670 (family plan)
2021 - $1745 (family plan)
2022 - $1820 (family plan)
6 City of Orange 2023 - $1895 (family plan)
2022 - $1650/month (family plan)
2023 - $1810/month (family plan)
7 County of Ventura 2024 - $1966 (family plan)
2023 - City contribution will increase to $1,774/month
2024 - City contribution will increase to $1,863
per month
8 City of Oxnard 2025 - Cax oF 57-8.7 Pilder ser 51,95 gro, tamily plan) Effective June 1, 2023, the City shall pay fifty percent (50%) of any medical insurance premium increase, with the employee paying the remaining fifty percent (50%) of any increase that is effective June 1, 2023.
Effective June 1, 2024, the City shall pay fifty percent (50%) of any medical insurance premium increase, with the employee paying the remaining fifty percent (50%) of any increase that is effective June 1, 2024. 9 City of Glendale
For term of contract:
Max of $1647 (family plan) plus $1016.58 in taxable cash (for employees hired prior to 1/1/2011) or $278.78 in taxable cash (for employees hired on or after 1/1/2011)
10 City of Santa Clarita
Treatingi trac: 12020-22 they are renty o contail
11 City of Burbank Max of $1610 (family plan)
12 City of Torrance 2023 - $1595.96 (family plan)
2023 - $1415/month
2024 - City's Proposed $1590/month
23 Thousand Oaks 2025 - City's Proposed $1765/month
For term of contract:
Max of $1300 for employees hired after June 29, 1996 (family plan) Max of $1500 for employees hired before June 9, 1996 (family plan) 14 City of Fullerton
15 City of Ventura 2023 - $1218/monthly (family plan)
Upcated: September 30, 2022
CaPERS 2023 Regional Health Premiums (Actives and Annuitants) Effective Date: January 1, 2023
Region 2*
Fresno, Imperial, inyo, Kern, Kings. Madera, Orange, San Diego, San Luis Obispo, Santa Barbara, Tulare, Ventura Basic Monthly Premiums (B)
Pleas Party Party Subscriber & Plan Party Party Bubscriber & Plan Party Party Subscriber Code Code Rate 1 Dependent Code Code Rate 2+ Dependents Code Code Rate Plan
Anthem Blue Cross Select HMO $765.37 507 $1.530.74 507 $1.989.96 507 3 Anthem Blue Cross Traditional HMO 935.12 510 1,870.24 510 2 2 2.431.31 510 3 Blue Shield Access+ HMO 842.61 526 1,685.22 526 2 2 2,190.79 526 3 Blue Shield Access+ EPO 842.61 029 1,685.22 029 2 2,190.79 029 co Blue Shield Trio HMO 760.71 088 1,521.42 088 2 1,977.85 088 co Health Net Salud y Mas 698.91 531 1,397.82 531 2 1.817.17) 531 Health Net SmartCare 834.65 529 1,669.30 529 2 2,170.09 529 3 Kalser Permanente 756.21 534 1,512.42 534 2 1.066.15 534 Peace Officers Research Assoc of CA 820.00 593 - - 1,650.00 593 2 2,100.00 593 3 PERS Gold 695.93 614 1,391.86 614 1,809.42) 614 3
PERS Platinum 1,014.80| 602 1 2,029.60 602 2 2,638.48 602 3 Sharp Performance Plus 764.96 575 1 1,529.92 575 2 2 1,988.90) 575 3 UnitedHealthcare SignatureValue Alliance 793.63 577 1 1,587.26 577 2 2 2.063.44 577 3 UnitedHealthcare SignatureValue Harmony 781.58 399 1,563.16 399 2 2.032.11 399 3 Supplement/Managed Medicare Monthly Premiums (M)
Plan Party Party Subscriber & Plan Party Party abecriber Man Party Party Subscriber Code Code Rate 1 Dependent Code Code Rate •Depender Code Code Rate Plan
Anthem Medicare Preferred PPO $413.59 516 4 $827.181 516 2 5 $1,240.77 516 3 Anthem Medicare Preferred PPO with 5 513
413.59 513 827.18 513 1,240.77
Dental/Vision'
Anthem Medicare Preferred PPO 413.59 038 1 827.18 038 5 1,240.77 038 Anthem Medicare Preferred PPO 413.59 074 1 827.18 074 2 5 1,240.77 074 Dental/Vision'
Blue Shield Medicare PPO 361.90 012 1 723.80] 012 2 5 1,085.70 012 3 6 Blue Shield Medicare PPO with Dental/Vision? 361.90 017 1 4 723.80 017 1,085.70 017 3 Kaiser Permanente Senlor Advantage 283.25 537 1 4 566.50] 537 5 849.75 537 Kalser Permanente Senior Advantage with 568,50 543 2 849.75 543 283.25 543 1
Dental
Kaiser Permanente Senior Advantage Summit 336.29 631 1 672.58 631 5 1,008.87 631 Kalser Permanente Senior Advantage Summit 336.29 637 1 672.58 637 2 5 1,008.87 637 with Dental
Peace Officers Research Assoc of CA 465.00 1,030.00 596 1,395.00 596 596 2
Medicare Supplement
PERS Gold Medicare Supplement 392.71 617 785.42 617 2 1,178.13 617 3 6 PERS Platinum Medicare Supplement 420.02 606 840.04) 606 2 1,260.06 606 Sharp Direct Advantage HMO 249.79 024 499.58 024 749.37 024 Sharp Direct Advantage HMO with Dental* 249.79 026 4 499.58 026 2 5 749.37) 026 3 6 UnitedHealthcare Group Medicare Advantage 299.68 580 4 599.36 580 5 899.04 580 PPO
UnitedHealthcare Group Medicare Advantage 357.70 622 4 715.40 622 1.073.10 622 Edge PPO
UnitedHealthcare Group Medicare Advantage 299.68 586 899.04 586 6 PPO with Dental/Vision® 586 1 4 599.36
*For health plan availablity by county, please refer to the 2023 Health Benefit Summary or myCalPERS 'Dental and Vision coverage is an additional $38.00 per member per month premium. You will be billed directly for this amount. *Dental and Vision coverage is an additional $38.00 per member per month premium. You will be billed directly for this amount. *Dental benefit is an additional $15.35 per member per month premium. You will be billed directly for this amount. *Dental beneft is an additional $13.00 per member per month premium. You will be billed directly for this amout. "Dental and Vision coverage is an additional $26.03 per member per month premium. You will be billed directly for this amount. 1 Item No. 11A
City of
Thousand Oaks
Proposed FY 2023-24
& FY 2024-25
OPERATING & CIP BUDGET
Public Hearing
Jaime Boscarino, Finance
Director
JuryAonfanapoulos June 6, 2023
2 FYs 2023-2025 Budget Process
MARCH 14, 2023
User Fees Study Session
APRIL 4, 2023
2 Capital Improvement Program (CIP)
Study Session
APRIL 25, 2023
Budget 3
User Fees Public Hearing
Process
MAY 9, 2023
4 Operating Budget Study Session
JUNE 6, 2023
5 Operating Budget and CIP Public Hearing
and Adoption
City of
Thousand Oaks
3 Budget Engagement
Your City Your Priorities
REACH
Did you know? 54,258
Community services cost
$0.04 per resident per day POST ENGAGEMENT
1,684
SURVEY SUBMISSSIONS
-That's right! ®
225
www.tobuoget.org
items you can check
Still haven't taken
the Budget Priority WEBSITE UNIQUE VISITORS
Feedback Form?
$ YOUR CITY 824
YOUR PHIORITTES
ESTOURUIT WEBSITE PAGE VIEWS
LIBRARY SERVICES
Mininistration 1,900
wwww.tobuoget.org
Where do budget
dollars go?
trailervobrent I love these posts! Keep them coming.
City of
Thousand
Budget Theme - Rooted in Community
THE CITY OF THOUSAND OAKS WANTS TO KNOW
WHAT DOES COMMUNITY
MEAN TO YOU?
Community means something
different to each of us, and we cant
wait to see what it means to you!
WWW.TOBUDGET.ORG
THOUSAN
OAKS
Lain, Grade 1, Ciptess Eleme
City of
Thousand LOaks
5 City Top 10 Priorities FY 2023-24
1. Homelessness - Navigation Center funding
2. Affordable Housing - $4.5M CIP
3. Public Safety - ALPR technology
4. Economic Development - staffing
HOUSING FIRST 5. Environmental Sustainability - CIP and CEAP 9 → LIFE STABILITY THOUSAND OAKS 6. Public Works/CDD Infrastructure Investments - Homeless
CIP, Land Management System, staffing
DITY OF THOUSAND OAKS
Climate& 7. Comprehensive General Plan - implementation Environmental 8. Campus Master Plan - CIP
ACTION PLAN 9. Technology Investments - Website update; City of Thousand Oaks
DOWNTOWN CORE Water billing system
MASTER PLAN
10. Cultural Arts & Library - Library master
planning
EV O
Thousand
Operating Budget
• Biennial budget process
• Conservative estimates Thousand Oaks
• Strategic spending plan
• Investing in the future OPERATING
• Balanced General Fund Budget BUDGET
- Reserves support CIP projects
and one-time initiatives
FISCAL YEARS
2023-24 & 2024-25
City of
Thousand LOaks
7 Operating Budget
SECTIONS:
• Section 1 - Citywide Budget Summary
• Section 2 - General Fund Summary
• Section 3 - General Fund by Departments
• Section 4 - Enterprise Funds
• Sections 5 & 6 - Library and Other Special Revenue
Funds
• Section 7 - Capital Projects & Debt Service Funds
• Section 8 - Internal Service Funds
• Section 9 - Position Summary
• Section 10 - Policies & Procedures
• Section 11 - Resolutions Thousand
2100E. Thousand Oaks Blvd
thousand Oaken. CA 0132
• Section 12 - Glossary www.toaks.org
City of
Thousand
community is...
Proposed FY 2023-24
& FY 2024-25
OPERATING & CIP BUDGET
Citywide Highlights
THOSANDOAKE
9 Citywide Proposed Budget FY 2023-24
Appropriations By Fund $270,478,530
Library Fund Street Improvements Fund Golf Course Fund
Transportation Fund $7,952,980
$10,244,900 $7,803,131
$17,041,909 2.9%|
3.8% 2.9% Theatres Fund
6.3%
$5,124,183
19%
Wastewater Fund Landscaping Fund
$39,317,825 $7,132,692
14.5% 2.6%
Water Fund Lighting Fund
$46.860.438 $3,678,805
1.4%
17.3%
Solid Waste Fund
$3,006,138
1.1%
General Fund
$113,525,493 Grants Fund $2,349,250 0.87%
42.0% Stormwater $2,201,577 0.81%
East County Transit Alliance (ECTA) $1,162,000 0.43%
Public Financing Authority (PFA) $1,000,400 0.37%
Capital Projects Fund $993,930 0.37%
Community Development Block Grant (CDBG) $575,000 0.21% Housing Fund $215,879 0.08%
able Television (PEG) Fun $188,000 0.07%
aw Enforcement Agency Seizure Fun $104,000 0.04%
Thousand Oaks
10 Citywide Proposed Budget FY 2024-25
Appropriations By Fund $271,360,474
Street Improvements Fund
Library Fund $11,140,219 Golf Course Fund Landscaping Fund Transportation Fund_
$11,205,546 4.1% $8,291,506
$14,980,103 $8,946,404 Theatres Fund
4.1% 3.1% 3.3%
5.5% $5,204,607
1.9%
Grants Fund
Wastewater Fund
$31,801,632 $3,871,070
1.4%
11.7%
Stormwater Fund
Water Fund $3,745,347
$47,182,197 1.4%
17.4% Capital Projects Fund
$3,336,011
- Lighting Fund 1.2%
General Fund $3,170,354
1.2%
$112,958,450
41.6% Solid Waste Fund $2,349,984 0.87%
East County Transit Alliance (ECTA) $1,162,000 0.43%
Public Financing Authority (PFA) $1,006,200 0.37%
Community Development Block Grant (CDBG) $575,000 0.21% Housing Fund $221,844 0.08%
Cable Television (PEG) Fund $108,000 0.04%
Law Enforcement Agency Seizure Fund $104,000 0.04%
City of
Thousand 1 Oaks
11 Proposed FY 2023-24
& FY 2024-25
General Fund
Highlights
12 General Fund FY 2023-24
Proposed Revenues $112,658,810
Charges for Current Services,
Franchise Fees,
$8,059,410 Transient Occupancy Tax,
$7,515,268
Property Tax In Lieu (VLF), 7.2% $5,000,000
6.7%
$15,418,190 4.4%
13.7% Licenses & Permits,
$4,757,504
4.2%
Property Tax, Use of Money,
$17,296,111
$3,750,171
15.4%|
3.3%
Business Tax
$2,250,000
2.0%
Revenue from Other Agencies
Sales Tax, $4,565,300
Transfers,
$39,621,786 Other, 4.1%
$1,322,180
35.2% $3,102,890
1.2%
2.8%
Thousand Yorks
13 General Fund FY 2024-25
Proposed Revenues $111,852,809
Charges for Current Services,
$8,298,780 Franchise Fees, Transient Occupancy Tax,
Property Tax In Lieu (VLF),- 7.4% $7,761,616 $5,150,000 $15,883,819 6.9% 4.6%
14.2%
Licenses & Permits,
$4,661,504
Property Tax, 4.2%
$17,694,312 Use of Money,
15.8% $3,417,012
3.1%
Business Tax
$2,250,000
2.0%
Revenue from Other Agencies
Sales Tax, Transfers, $1,565,300
$40,888,157 1.4%
Other, $1,352,419
36.6% $2,929,890 1.2%
2.6%
Thousand Oaks
14 General Fund
Proposed Revenues In Millions
FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25
Revenue Type Change
Actual Projected Proposed Proposed Change
Sales Tax $ 38.1 $ 38.6 $ 39.6 2.6% $ 40.9 3.3%
Property Tax 15.9 16.3 17.3 6.1% 17.7 2.3%
Property Tax In Lieu (VLF) 14.0 14.7 15.4 4.8% 15.9 3.2% Charges for Current Services 7.2 6.7 8.1 20.9% 8.3 2.5% Franchise Fees 7.2 7.4 7.5 1.4% 7.8 4.0%
Transient Occupancy Tax 4.5 4.9 5000 2.0% 5.1 2.0%
Licenses & Permits 5.2 6.0 4.8 -20.0% 4.7 -2.1%
Use of Money (11.5) 3.1 3.7 19.4% 3.4 -8.1%
Business Tax 2.2 2.3 2.3 0.0% 2.3 0.0%
Revenue from Other Agencies 8.1 0.8 4.6 475.0% 1.6 -65.2% Other Revenue 2.5 2.9 3.1 6.9% 2.9 -6.5%
Transfers 1.2 1.2 1.3 8.3% 1.3 0.0%
TOTAL $94.6 $104.9 $112.7 7.4% $111.9 -0.7%
15 HOW YOUR 7.25% SALES TAX DOLLAR IS DIVIDED*
State General Fund City of T.O. Ventura County
54% Transportation
13% Commission (VCTC) 3%
BERTOTT
THE UNITED STAI ISORAME RICA
HIS NOTE IS LEGAL TENDER
OR ALL DEBTS, PUBLIC AND PRIVATE
L 27991441D
WASHIE TON, D.C.
D. 12 12
L 27999441D
12 Peasa A -x Orcise I
Ventura County County/State Ventura
Health & Welfare Public Safety Fund County
22% (Prop. 172) 1%
City of
7%
housand Oaks *Effective January 1, 2023
16 HOW YOUR PROPERTY TAX DOLLAR IS DIVIDED*
Conejo Valley Unified Ventura County State T.O. - General Other School District - 33% Fire District - 15% Education - 14% Fund - 4% Miscellaneous 4%
SEEN DO PRE
THE UNITEDDSTAI HS ORAM BRI CA
THIS NOTE IS LEGAL TENDER
FOR ALL DEBTS, PUBLIC AND PRIVATE L 275999441D
WA SHINGTO
D. 12
L
Dis
L 27999441D
12 Pears Chero SE00S
Ventura County Ventura Community Conejo Recreation T.O.- 17% College General - 6% & Park District - 5% Library
2%
City of *Based on a Typical Property Tax Bill.
Thousand Oaks
17 General Fund FY 2023-24
Proposed Appropriations $113,525,493
Maintenance & Operations,
Police Services, $26,110,489
$33,799,215
23.0%
29.8%
Capital
Improvement/Outlay,
$7,372,253
6.5%
Salaries & Benefits,
Transfers to Other funds,
$42,334,459
$3,909,077
37.3%
3.4%
Thousand Oaks
18 General Fund FY 2024-25
Proposed Appropriations $112,958,450
Police Services, Maintenance & Operations,
$35,579,515 $21,777,105
31.5% 19.3%
Capital
Improvement/Outlay,
$5,035,170
4.5%
Transfers to Other
Salaries & Benefits, funds, $6,106,750
$44,459,910 5.4%
39.4%
Thousand LOaks
19 Operating Budget Changes Since Study Session
General Fund
REVENUE CHANGES (EXPENDITURE CHANGES
FY 2023-24 $3.1 million increase $3.1 million increase
FY 2024-25 $0.1 million increase $0.6 million decrease
• Development, construction, and operating costs of the Navigation Center:
FY 2023-24 $3.1 million increase in both Revenue and Expenditures FY 2024-25 $0.1 million increase in Expenditures
Decrease in General Fund Transfers Out to the Library Fund:
FY 2024-25 $0.6 million decrease in Expenditures
Thousand
20 Operating Budget Changes Since Study Session
Special Revenue Funds
REVENUE CHANGES EXPENDITURE CHANGES
FY 2023-24 $1.1 million increase $0.5 million increase
FY 2024-25 $2.9 million increase $2.9 million increase
Grants Fund
• Correction to project totals:
FY 2023-24 $1.6 million increase in both Revenue and Expenditures FY 2024-25 $5.7 million increase in both Revenue and Expenditures Grant funds received in FY 2022-23
FY 2023-24 $1.1 million decrease in both Revenue and Expenditures FY 2024-25 $2.8 million decrease in both Revenue and Expenditures ity of
Thousand YOaks
21 Operating Budget Changes Since Study Session
Special Revenue Funds
Library Fund
• Estimated Revenues updated
FY 2023-24 $0.6 million increase in Property Tax Revenue FY 2024-25 $0.6 million increase in Property Tax Revenue with offsetting $0.6 million decrease in Transfers In from General Fund Thousand
22 Operating Budget Changes Since Study Session
Enterprise Funds
REVENUE CHANGES EXPENDITURE CHANGES
FY 2023-24 $0.5 million increase $0.8 million increase
FY 2024-25 $0.9 million increase $0.9 million increase
Wastewater Fund
• Increased cost of chemical supplies for Hill Canyon Treatment Plant FY 2023-24 $0.8 million increase in Expenditures
$0.5 million increase in Revenue
FY 2024-25 $0.8 million increase in Expenditures
$0.9 million increase in Revenue
Transportation Fund
Increase to chargebacks to other funds and consulting support FY 2024-25 $0.1 million increase in Expenditures
City of
Thousand LOaks
23 Proposed FY 2023-24
& FY 2024-25
Capital Improvement
Program (CIP)
Highlights
City of
Thousand LOaks
24 CIP Budget Sections
Section 1 - CIP Summaries & Deferred Requirements Summary Section 2 - Capital Improvement Projects by Category
Section 3 - Capital Improvement Projects by Fund
Section 4 - Capital Improvement Resolutions
Thousand Oak.
Section 5 - Policies & Procedures
Section 6 - Glossary
City of
Thousand LOaks
25 Location Map of CIP Projects
5YS 2028.2025
Canital improvement Proiect.
City of Thousand Oaks
Legend
Cly He
Thousar
26 Proposed CIP Budget By Category FYs 2023-25
$123,791,734
Transportation/Traffic Facilities
$16,863,484 $12,347,000 Stormwater
13.6% 10.0% $10,747,250
8.7%
Landscape/Streetscape
Street $3,380,000
$20,650,000 2.7%
16.7% Library
$3,350,000
Wastewater 2.7%
$25,604,000 Water
Open Space
20.7% $30,095,000 $380,000
24.3% 0.3%
LUndergrounding
$375,000
0.3%
Thousand YOaks
27 Proposed CIP Budget FYs 2023-25
No. Category FY 2023-24 FY 2024-25 Total Carryover
1 Water $ 15,075,000 $ 15,020,000 $ 30,095,000 $ 11,535,225 2 Wastewater 15,804,000 9,800,000 25,604,000 16,148,000 Street 7,508,000 13,142,000 20,650,000 4,300,663
4 Transportation/Traffic 9,755,033 7,108,451 16,863,484 8,916,392 Facility 7,522,000 4,825,000 12,347,000 9,838,419
Stormwater 6,347,250 4,400,000 10,747,250 806,750
Landscape/Streetscape 800,000 2,580,000 3,380,000 1,116,000 8 Library 250,000 3,100,000 3,350,000 1,067,018
9 Open Space 290,000 90,000 380,000 2,973,223
Undergrounding 200,000 175,000 375,000 -
11 Housing 4,574,550
Total $ 63,551,283 $ 60,240,451 $ 123,791,734 $ 61,276,240 28 CIP Budget Changes Since Study Session
Hillcrest Dr. Bike Lanes Pedestrian Improvements (Cl 5682) • Anticipated grant funds were received in FY 2022-23
FY 2023-24 $433,797 decrease
FY 2024-25 $2,350,000 decrease
Lynn Road Class IV Bike Lane and Pedestrian Improvements (CI 5660) • Anticipated grant funds were received in FY 2022-23
FY 2023-24 $246,400 decrease
FY 2024-25 $475,119 decrease
City of
Thousand LOaks
29 CIP Budget Changes Since Study Session
Freeway Reservoir Access Road Improvements (Cl 5280)
• Estimated project beginning date updated from Summer 2024 to Summer 2023
FY 2023-24 $225,000 increase
FY 2024-25 $300,000 increase
EV Chargers Citywide (Cl 5711)
• Year 4 funding moved to year 1 for studies, site analysis, outreach, and preliminary design plans required for grant applications FY 2023-24 $200,000 increase
FY 2024-25 No change
City of
Thousand
30 CIP Budget Changes Since Study Session
Thousand Oaks Boulevard (Phase II) Curbs and Pedestrian Crossings (CI 5398) • Project status updated with funding moved to carryover FY 2023-24 • $414,540 decrease
FY 2024-25 No change
Pavement Overlay FY 2023-25
• Available Gas Tax funding updated
FY 2023-24 $50,000 increase
FY 2024-25 No change
City of
Thousand LOaks
31 Financial & Budget Policies
• Central to a strategic, long-term approach to financial management • GOA Best Practice
• Policies included as part of Budget Adoption:
- Budget - Accounting
- Budget Appropriation/Transfers - Audit
- Capital Improvement Program - Fixed Asset Replacement - Capital Asset Capitalization - Investment
- User Fees - Debt Policies
- Government Fund Balance
Thousand
32 Budget Summary
• Structurally balanced budget
• Fiscally sustainable
• Investment in aging infrastructure
• Strategic addition to staffing to increase public service • Funding for Homelessness/Affordable Housing, sidewalk maintenance, General Plan implementation, CEAP
implementation
City of
Thousand Oaks
33 Thank You
City of
Thousan
34 Recommendations
1. Adopt resolution approving Proposed Operating and CIP Budgets for FY 2023-24 and FY 2024-25.
2. Adopt updated Financial and Budget Policies, including the Governmental Fund balances and designations.
3. Authorize City Manager to Carryover Funds from FY 2022-23 to FY 2023-24 and from FY 2023-24 to FY 2024-25.
4. Find that this action is not a project as defined under the California Environmental Quality Act (CEQA).
City of
Thousand LOaks
35 Item No. 11B
City of
Thousand Oaks
Landscape & Lighting
Assessment District No. 79-2
Public Hearing & Annual Levy
June 6, 2023
Ryan Roman, Acting Budget Officer
Nader Heydari, City Engineer
housal
2 LLAD 79-2
Map of Existing LLAD Zones
City of Thousand Oaks Existing District
23 Appx. 43% of all parcels within the City
are in the Landscaping District
The majority ot all parcels (Appx. 82%)
within the City are in the Lighting
District
Current LLAD Zones (39 Total)
Open Space & Publicly-Owned Properties
General Fund Areas (Non-LLAD Zones)
3 Landscape Assessments Districts Overview
• Landscaping maintenance, trimming, spraying, fertilizing; • Installation/maintenance of irrigation, drainage and lighting systems; • Weed abatement;
• Graffiti removal;
• Clearing and removal of debris;
• Installation of curbs, gutters, walls, sidewalks, paving, water, or electrical Thousand
Lighting Assessments Districts Overview
Installation/Maintenance of:
• street lights,
• pedestrian lights,
• traffic signals; and
• safety lights
Energy costs for street lighting improvements
Thousand LOake
5 District Information for FY 2023-24
• Landscape - Typical annual adjustment for all zones is 5.77% (CPI) • Two zones with up to a 10% increase to cover additional zone costs • Lighting - adjustment is 5.77% (CPI)
• Two annexations into Lighting Zones:
• Hydam Homes, LLC (2080 Hillcrest Drive), Lighting District Zone E Vogel Properties, Inc. (1515 Rancho Conejo Boulevard and 1489 Lawrence Drive), Lighting District Zone F
City off
Thousand
Proposed Annual Assessment Rates
(Typical Single Family Home)
Average Rate Maximum Rate
Landscaping
FY 22-23 $ 331.75 $ 538.34
FY 23-24 $ 351.44 $ 569.40
Increase $ 19.69 $ 31.06
Lighting
FY 22-23 $ 18.04 $ 18.04
FY 23-24 $ 19.08 $ 19.08
Increase $ 1.04 $ 1.04
City of
Thousand LOaks
7 Lighting District Zone E Annexation
Lighting
Zone E
Annexation
LEGEND
City Boundary
LEGEND Lighting Zone E
Annexation T5946
Cho sand
Lighting District Zone F Annexation
CITY OF THOUSAND OAKS
Lighting
Zone F
DP-2U700sg
LEGEND
* Cty Boundary
Lighting Zone F
Annexation DP-2070095
City of
Thousand LOaks
9 Future Challenges for LLAD
Increased utility costs and contract maintenance/service rates due to rise in fuel, material, and labor
• Water-efficient landscape rehabilitation requires capital investment • New Budget includes funds for future Capital Projects in most landscape zones • Lighting District annual revenues trending below expenditures City of
Thousand 1
10 Questions?
City of
Thousand LOaks
11 City of
Thousand Oaks
12