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Home My WebLink About POWERPOINT PRESENTATION-PROPOSED BUDGET FY 2012-13 TuSTIN Proposed Budget FY 2012 = 1 BUILDING OUR FUTUREHONORING OUR PASTc t w 3:. F 7 y FY 2012 =1 3 Total Expenses Park Funds Internal Service Funds $572,000 All Other Sources $9,307,884 <1% $288,000 7% Water Funds $14,768,593 <1% 12% Measure"M" Funds $6,716,891 Special Districts Funds 5% $5,511,007 4% Gas Tax Fund $1,960,700 CDBG Funds 2% $706,700 1% CIP Fund $17,802,000 14% Community Facilities Districts Funds $20,228,737 16% General Fund $47,836,600 38% $12537363012 2 FY 2012 =1 3 TRevenue All Other Sources $325Sou CDBG Funds Community Facilities <5, $727,183 Districts Funds Capital Improvement 1% $7,365,675 Fund ° Water Enterprise Funds $12,480,765 $17,644,200 10% 14% Gas Tax Fund Special Districts Funds $1,981,600 $1,416,789 1 1% 1% Planned Use of Reserves $28,907,749 23% Park Funds $133,700 General Fund C1% $45,754,812 36% Measure "M" Funds $5,774,300 Internal Service Funds 5% $3,277,040 3% $12537363012 3 FY 2012 = 13 Use ®f Funds FUND 12/13 PROPOSED EXPENDITURES $ GENERAL FUND 47,836,600 TUSTIN SL 570,300 INFORMATION TECHNOLOGY FUND 1,353,519 EQUIPMENT/VEHICLE REPLACEMENT FUND 1,535,000 SPECIAL RESERVE 3,251,000 CAPITAL PROJECT FUND - CIP 17,802,000 PARK DEVELOPMENT 613,000 ASSET FORFEITURE 187,000 MEASURE M 6,716,891 GAS TAX 1,960,700 SUPPL. LAW ENFORCEMENT 96,900 CDBG 706,700 95-1 CONST. /DEBT SERVICE 4,214,007 CFD 04-1 /06-1 /07-1 20,228,737 TUSTIN LLD 726,700 WATER ENTERPRISE 14,768,593 WORKER'S COMP. 2,009,065 LIABILITY 1,084,300 UNEMPLOYMENT 75,000 TOTAL: 125,736,012 PARTIALLY NON-RESTRICTED RESTRICTED RESTRICTED 4 FY 2012 =1 3 General Fund Expenses City Clerk City Council City Manager Community Finance $411,500 $121,800 $699,300 Development $1,097,600 1% <1% 1% $2,726,100 2% 6% City Attorney Fire Contract Services $500,000 $6,001,800 1% 13% Public Works $8,330,300 17% i Parks and Recreation $2,961,800 6% Non-Departmental $820,000 2% Human Resources Police Services $716,700 $23,449,200 2% 49% Includes: Retiree Health Insurance, Animal Control Contract, Repo Graphic Costs 5 FY 2012 =1 3 General Fund Revenue Use of Property Admin Fee&All Other $262,400 Sources Various Taxes $4,006,200 Fines and Forfeitures 1� 738,aaa 8% $809,000 2% 2% Sales Tax $20,459,900 43% Franchise Fees $1,698,300 4% Interest Income $35,000 <1% Licenses/Permits/Fee $1,374,400 3% Revenue from Other Agencies One Time Successor $70,000 Agency Transfer <1% $1,954,712 4% Recreation Fees $732,900 1% Planned Use of Reserves Property Tax In Lieu of Property Tax VLF $7,891,800 $2,156,788 $5,647,200 16% 4% 12% $4738363600 6 Property Tax 0 $7 $6 $5 $4 $3 $2 $1 07-08 08-09 010 10-11 11-12 12-13 Property Tax Distribution Tustin Unified $0.440 School District ERAF $0.176 / CITY OF TUSTIN $0.127 SOCCCD $0.089 TUSTIN � County of Orange $0.062 ' OC Flood Control Dist. $0.020 OC Library Dist $0.017 OC Dept. of Education $0.016 Various Special Districts $0.054 $ 1 .00 8 ales Tax N $25 - -- - - - - 0 $20 $15 $10 $5 $0 07-08 08-09 I - - 09-10 10-11 11-12 12-13 9 Cost of mandates $ 1 . 3 million due to State / Federal Water Quality Regulations $ 1 . 3 million for Measure M Compliance General Fund Reserve Policy requires 20-25% Proposed 2012 - 13 is 20 . 8% Planned use of reserves as a financial strategy 10 Pr® ' cctccl GF Fund Balance Projected 12/13 12/13 12/13 12/13 Projected Ending / Proposed Proposed Proposed Proposed Ending Beginning Balance Balance One-Time One-Time Fund Description 06/30/12 Transfer In Revenues Expenditures Transfer Out 06/30/13 100 General Fund $12,050,694 $1 ,954,712 $43,800,100 47,836,600 0 $9,968,906 Saving from PARS will increase the fund balance Staff anticipates that fund balance may increase to $ 12 million Dissolution of Redevelopment (AB XI 26) Loss of $ 2 . 7 million in annual overhead revenue from Redevelopment Agency to GF Agreements between City & Agency eliminated from (ROPS) - Loss of at least $ 3 . 2 million for FY 2012 - 13 Administrative Cost Allocation isn 't sufficient to meet projected administrative expenditures of the Successor Agency 12 Property tax revenue - 2% greater than 2011 - 12 Sales tax revenue - 5% greater than 2011 - 12 Reduced General Fund expenditures by 8% as compared to revised FY 2011 - 12 Operating cuts in all departments : $ 1 , 183 , 300 Transfer street sweeping costs to Gas Tax: $421 , 200 Transfer other eligible costs to Gas Tax: $ 527, 500 Defer transfers to various internal service funds : $ 193469500 One Time transfer into General Fund from Successor Agency: $ 1 ,954, 712 Purpose of Reserves Cash flow Emergencies / contingencies Internal financing (preserving current service levels) 14 FY 2012-13 Capital Improvement Projects Park Facilities Water Facilities Flood Control $831,777 $17,035,973 Facilities 1% Public Facilities 25% $264,919 $781,009 0% 1% Traffic Control Facilities $1,419,895 2% ITransportation Facilities $3,931,252 6% Tustin Legacy $44,276,779 65% $6835413604 15 2012113 = 2013119 Seven Year CIP Traffic Control Facilities Transportation Public Facilities $3,696,895 Facilities $5,086,009 2 $70,140,252 30 0 35% Park Facilities $6,477,777 3% Flood Control Facilities $8,739,919 4% Water Facilities Tustin Legacy $37,830,973 $66,793,015 19% 34% Funding as not been identified for a majority of the costs $19837643840 16