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HomeMy WebLinkAboutApprove Fiscal Year 2014/15 Mid-Year Budget AdjustmentsDept. ID FIN 15-008 Page 1 of 3 Meeting Date: 5/18/2015 i MEETING DATE: 5/18/2015, SUBMITTED TO: Honorable Mayor and City Council Members. SUBMITTED BY: Fred A. Wilson, City Manager PREPARED BY: Lori Ann Farrell, Director of Finance SUBJECT: Approve Fiscal Year 2014/15 Mid -Year Budget Adjustments Statement of Issue: The Finance Department is undergoing the mid -year budget review for the fiscal year that began on October 1, 2014. Departments have requested adjustments to their budgets to: ensure there are sufficient appropriations to expedite the hiring of critical public safety personnel; expend actual. revenue received in restricted funds; and address capital facilities needs. Financial Impact: 1. General Fund (Fund 100) budget adjustments totaling $215,700 are requested for the following City Departments: Fire ($1454000); City Treasurer ($20,700); and, Non -Departmental ($50,000). 2. The Library Services Department is requesting a budget adjustment of $100,000 in the Library Development Impact Fee Fund (Fund 229). 3. The Planning and Building Department is requesting a budget adjustment in the amount of $30,000 for the Historic Wintersburg Preservation Fund (Fund 126) for costs related to preservation planning efforts. 4. The Downtown BID (Fund 710) requires a minor budget adjustment of $3,500. There are sufficient revenues, available cash, and/or fund balances to support the above adjustments. Recommended Action: Approve mid -year budget adjustments to the FY 2014/15 Revised Budget in the Funds and by the amounts contained in Attachment 1. Alternative Action(s): Do not approve the recommended actions and direct staff accordingly. Analysis: The FY 2014115 Budget was adopted by the City Council on September 2, 2014, for the fiscal year beginning October 1, 2014. The Finance Department has compiled numerous recommended budget adjustments to cover additional costs and/or provide appropriations necessary to expend funds that have been received for specific purposes. The City is experiencing a slight revenue improvement that can sufficiently cover appropriations requested to address these pressing needs in the General Fund. The Other Funds adjustments will be supported by available revenue or fund balances within each distinct Fund, as needed. -20- Item 3. - 1 Dept. ID FN 15-008 Page 2 of 3 Meeting Date: 5/18/2015 General Fund (100) General Fund budget adjustments are requested for the Fire, City Treasurer, and Non - Departmental Departments totaling $215,700 as outlined below. There are sufficient General Fund revenues to offset these requested increases. a) City Council approval is requested for an additional $95,000 in the Fire Department's Marine Safety Division for additional temporary staffing costs incurred due to warmer than anticipated weather. The supplemental staffing was needed to operate additional lifeguard towers due to the increase in beach visitors during the warmer winter weather in Southern California. b) The Fire Department's Marine Safety Division is also requesting a budget appropriation of $50,000 for the Junior Lifeguard Program. An increase in Junior Lifeguard Program fees was approved by the City Council on December 16, 2013, to help offset increased program costs, including improved oversight of participants to meet industry standards for instructor to student ratios, currently at 20 to 1. The number of registered participants has increased for the 2015 Summer Program thereby further necessitating a staffing enhancement to provide adequate instructor to student ratios. c) A budget adjustment is requested for the City Treasurer Department in the amount of $20,700. Of this amount, $6,100 is for a technical correction to add the auto allowance benefit that was mistakenly omitted from the FY 2014/15 Adopted Budget. The remaining $14,600 is for a Department Services Specialist part-time position. This position will assist the City Treasurer with a number of tasks including, but not limited to: credit analysis to ensure ongoing credit quality of investments; research current government statutes/regulations of investment securities; accounting practice updates relevant to investment reporting; analysis of economic/market information and creation of charts/graphs to be utilized by the City Treasurer; and, creation of relevant reports from Sympro Investment Software including general ledger monthly entries, monthly investment reports and various analytical reports. d) Non -Departmental is requesting an additional budget appropriation of $50,000 for the Sales Tax Rebate Agreement with Pinnacle. In the first quarter of FY 2014/15, Pinnacle Petroleum's sales were significantly higher than anticipated resulting in increased revenue and sales tax generation for the City. As a result, there is an additional projected expenditure of $50,000 for the City under the terms of the Sales Tax Sharing Agreement with Pinnacle Petroleum. e) In addition, Non -Departmental will be expending an estimated $41,400 for Phase I of the reconfiguration and retrofit of the City Attorney Department's office space. Phase I of the Department's reconfiguration will increase public access and transparency with a redesigned waiting area. The reconfiguration will also provide additional and much needed file documentation and storage space for easy access to legal and related documents which were previously housed in multiple locations. New cubicle workstations will be more versatile and adaptable allowing the transformation of work spaces to facilitate greater team building, conferencing areas and City-wide collaboration. Additional appropriation is not needed at this time as this project will be funded from existing appropriations in Non -Departmental from savings in unemployment insurance expenses. The second phase of the office reconfiguration will be evaluated in the context of the FY 2015/16 Proposed Budget for. Capital Improvement Projects. f) Due to budget reductions over the past several years, duties that were previously performed by City personnel have been greatly curtailed or eliminated. Recently City staff has identified a growing problem with unlicensed vendors conducting business on the beaches and waterways within the City's limits. This has included, but is not limited to, individuals conducting surfing, wind surfing and kayaking lessons. This is causing issues for licensed businesses and makes it difficult for the City to regulate these types of activities and help ensure the safety of the public. Item 3. - 2 HB -30- Dept. ID FN 15-008 Page 3 of 3 Meeting Date: 5/18/2015 In addition, many of these businesses are likely operating without proper liability insurance potentially placing the public at risk. Staff has also identified some lower level quality of life concerns which peak in the summer season. Issues such as bridge jumping, illegal animal feeding, and other civil violations of the Huntington Beach Municipal Code become lower priorities for police officers and sometimes go unaddressed. As such, staff recommends the creation of five, seasonal, Police Community Liaison part-time positions within the Police Department to address the unlicensed vendors along the coast; assist with parking enforcement; enforce vacation rental guidelines; open or close some of the park and beach parking lots; and, assist with other minor civil violations of the Municipal Code. The cost of this enhanced staffing for the Memorial Day through Labor Day peak summer period is approximately $48,000. A budget adjustment is not being requested at this time as it is anticipated the Police Department can absorb this cost within its overall FY 2014/15 General Fund Budget. . Library Development Impact Fee (229) On June 18, 2012, the City Council approved Ordinance No. 3945, which amended the Huntington Beach Municipal Code by adding Chapter 17.67 relating to Library Development Impact Fees. The new code allows fees collected to fund the expansion of library space and the number of library collection items. FY 2014/15 fees in the amount of $111,379 have been collected to date. As a result, the Library is requesting budget appropriation of $100,000 from the Library Development Impact Fee Fund (229) to purchase additional materials for the library collection. There is no General Fund impact associated with this request. Office of Business Development Funds (710) The Business Improvement Districts (BID) Funds contain revenue received and expenses incurred for the City's Business Improvement Districts. The Downtown BID (710) is requesting a small budget adjustment of $3,500 to reconcile the budget with the current estimated revenue projections and expenses. There is no General Fund impact associated with this request. Historic Wintersburg (126) The Planning and Building Department is requesting a budget adjustment of $30,000 for the Historic Wintersburg Preservation Fund (126). The Historic Wintersburg Preservation Task Force approved the creation of a fund in the amount of $30,000 for the Urban Land Institute to conduct a study related to preservation planning for Historic Wintersburg. This budget adjustment is fully supported by actual revenues received and available fund balance in Fund 126. There is no General Fund impact associated with this request. Environmental Status: Not Applicable. Strategic Plan Goal: Strengthen economic and financial sustainability. Enhance and maintain public safety. Improve quality of life. Attachment(s): 1. Attachment 1 - Fiscal Year 2014/15 Recommended Mid -Year Adjustments. HB -31- Item 3. - 3 ATTACHMENT I Recommended Mid -Year Budget Adjustments by Fund: Fund No Fund Name Appropriation Dept 100 General Fund $ 95,000 Fire/Marine Safety 100 General Fund $ 50,000 Fire/Marine Safety 100 General Fund $ 20,700 City Treasurer 100 General Fund $ 50,000 Non -Departmental (OBD) $ 215,700 OTHER FUNDS Fund No Fund Name Appropriation Dept 229 Library Development Impact Fee $ 100,000 Library Services 126 Historic Wintersburg Preservation $ 30,000 Piannning & Building $ 130,000 IMPROVEMENTBUSINESS Fund No Fund Name Appropriation D•. 3,500 Item 3. - 4 H -2-