Loading...
HomeMy WebLinkAboutOB 5 DRAFT BUDGET 08-05-91OLD BUSINESS NO. 5 8-5-91 - 1 0' t4DA AGE 1nIc,-,r -Coni f ATE: AUGUST 1, 1991 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: WILLIAM A. HUSTON, CITY MANAGER SUBJECT: 1991-92 DRAFT BUDGET RECOMMENDATION: That the City Council set August 19, 1991 as the date for a public hearing on adoption of the 1991-92 budget for all funds. DISCUSSION: The City Council has conducted three workshops on the draft 1991-92 budget. Due to the uncertainty about the State budget and its impact on the City's budget, the City Council decided to defer action on the City budget. The State has adopted its budget and staff is now able to identify the impact of the State budget on the City's general fund. The only outstanding issues at the State level affecting the City's budget are the jail booking fee and property tax collection fee. It had been anticipated that the Governor and Legislature would support repeal of these fees through the State budget process. Unfortunately, they decided to defer any action until the Legislature reconvenes this month. The State League of California Cities is hopeful that these fees will be repealed, but, there is no reason to assume that this will happen. The adopted State budget causes an additional net reduction of $108,000 in General Fund revenue. The reduction is derived from: ■ Loss of 47% of the City's cigarette tax subvention ■ Loss of one-half of the City's non -parking fines ■ Increase in sales tax due to extension of sales tax to snack foods, newspapers, etc. NET LOSS $ ( 65,000) ( 243,000) 200,000 $ 108,000 City Council August 1, 1991 Page two The loss of $308,000 in fine and cigarette tax income will be allocated back to the County for the funding of trial courts. The projected increase in sales tax is based on the City's estimated share of the anticipated amount to be collected State-wide. There is no way to project the City's share of the increased sales tax other than using a ratio of sales tax currently collected by the City to total sales tax collected State-wide and applying the ratio to the projected sales tax amount State-wide for snack food, newspapers, etc. When the jail booking fee and property tax collection fee (included as expenses in the draft budget) are taken into account, the State has taken $408,000 in City general fund revenue to fund State and County services. Listed below is a summary showing the impact of the State budget and other revisions to the projected 1991-92 General Fund balance: ■ Draft 1991-92 budget projected $ 31627,754 6-30-92 balance ■ Add 1990-91 revised expenses 195,000 and revenues ■ Add 1991-92 reimbursement to 134,000 City from Great Western Reclamation (recycling program) ■ Deduct loss of 1991-92 cigarette ( 65,000) tax subvention ■ Deduct loss of 1991-92 fine (243,000) revenue ■ Add 1991-92 sales tax revenue 200,000 (snack food, newspapers, etc.) ■ Revised 6-30-92 General Fund $ 31848,754 balance The increase in the projected fund balance is due to adjustments for non-recurring revenue being higher than recurring revenue. As pointed out above, due to the State budget, projected General Fund recurring revenue is $108,000 less than shown in the draft budget. With the above adjustments, the draft 1991-92 General Fund budget remains balanced (projected recurring revenue exceeds budgeted recurring expenditures by approximately $42,000). The projected fund balance exceeds the 15% reserve policy established by the City Council. City Council August 1, 1991 Page three Except for allocating funds for any additional one-time (non-recurring) expenses, it is my recommendation that consideration of any adjustments to draft 1991-92 General Fund budget be deferred until the mid -year budget review. This will put the City Council in the position of knowing whether the jail booking fee and property tax collection fee will be repealed (saving the City $300,000) and having six months of information on expenses and revenues. Based upon the budget workshops to date, the following are items which require a decision by the City Council concerning funding: ■ Consolidated Transportation Agency $ 11840 (supplemental to the $5,455 included in draft budget) ■ Feedback Foundation 18,917 (senior meals program) ■ Community groups Unknown (The City Council allocated $ 34,000 in 1990-91) ■ Southwest Neighborhood Improvement To be determined Program - special programs The Consolidated Transportation Agency and Feedback Foundation presumably will attend the public hearing on the budget to speak to their requests. As a matter of policy, the City Council has allocated a fixed amount of funds for community groups and then appointed a committee to recommend how the funds should be distributed. If the City Council decides to appropriate funds for the Consolidated Transportation Agency, Feedback Foundation and/or community groups, I would recommend that General Fund reserves be used with the understanding that non- recurring revenue is being used. This would establish as a matter of City Council policy that these groups should not expect that City funding will automatically be available each year. With regard to the Southwest Neighborhood Improvement Program, the draft budget includes a substantial commitment of funds in the form of personnel costs (police, public works and community development). Staff will be submitting a recommendation to the City Council at a later date concerning supplemental funding for any special programs (youth sports, child care, etc). 9192budg.wah