City Council Agenda
Memo to: Manteca City Council
From: Jeri Tejeda, Finance Director
Date: June 18, 2019
Subject: Adoption of the Annual Budget for Fiscal Year 2019-20.
title
After taking public testimony: Adopt a resolution approving the attached Final Budget for the City of Manteca’s Annual Budget and Financial Plan for Fiscal Year 2019-20 and the City of Manteca’s Capital Improvement Plan (CIP) for Fiscal Years 2020-2024.
body
Background:
On April 30, 2019 the Preliminary 2019-20 Annual Budget for the City of Manteca and the 2020-2024 Capital Improvement Plan (CIP) were presented to City Council for review during the budget training session. It was brought back before council on June 4, 2019 and June 11, 2019 and Council provided the following directions regarding the preliminary budget:
1. Unfund SJ Partnership: $35,000
2. Fund security for City owned property downtown: $12,000
3. Postpone CIP 20021 Morenzone Baseball Field Improvements and use funding to pay a portion of the Golf Clubhouse Renovations CIP 19019.
4. Increase funding to the Recreation fund by $225,000 for a total of $425,000 from General Fund
5. Add CIP 20065 Downtown Veteran’s Plaza as an unfunded Project
6. Postpone CIP 20046 Medium Duty Response Unit ($350,000) and replace funding with the following:
a. CIP 19049 Standards of Cover/Operations Study $50,000
b. CIP 20047 Portable Radio Replacement $239,000
c. CIP 20049 Station Alerting $120,000
7. Unfund SIR Contribution: $700,000
8. Add additional revenue for Police School Resource Officers: $100,000
9. Add additional revenue for updated sales tax estimates $300,000
10. Unfund CIP 20055 Council Chamber Technology Upgrades: $250,000
Additional Staff Recommended Changes:
1. Amend the CIP to add Project 20066, for $38,500 for a police vehicle damaged recently in an accident. The vehicle is a total loss and approximately $18,000 of this cost will be reimbursed by the insurance. Funding will come from the Vehicle Fund Account number 820.11.00.00-8000.99.
Mid-Year Budget review or sooner suggestions to be evaluated:
1. Traffic Signal at Atherton and Airport
2. Economic Development Department organization
3. Bronze Statues for the entrance at Hwy 99 and Yosemite
4. Communications Analyst (PIO) position
5. City Attorney legal consolidation
6. Fire Station 5 staffing/apparatus with the SAFER grant and Operations Study
7. Potential revenue source using CFD’s
The financial impact related to all revisions have been incorporated into the final budget and all impacted personnel, financial schedules and the capital improvement plan have been revised to reflect the amendments to the budget.
With the expiration of current memorandums of understanding and schedules of salaries and benefits, staff will be returning to Council with the fiscal impact of new agreements. These impacts have not been included in the Final budget and will not be known until we have reached agreements with all units. Prior to the inclusion of these impacts, the general fund undesignated balance is anticipated to be $1,954,935 at June 30, 2020.
As presented the General Fund total revenue is $47,026,076 and total expenditures are $45,458,962. This revenue includes appropriations for Asset Seizure, Public Facilities Oversizing, Capital Facilities, Technology and the Economic Development Reserves.
The Citywide budget totals $180,401,772 and includes new funding for capital projects totaling $54,693,918. The five-year plan detailing the projects supported by these appropriations is provided in the FY 2020-2024 Capital Improvement Plan.
Upon conclusion of the public hearing, the Council will consider adoption of the City budget and fiscal policies contained therein and are asked to approve the associated budget resolution.
Fiscal Impact:
Adopt the City of Manteca Annual Budget and Financial Plan for FY 19-20 and the City of Manteca Capital Plan for FY 2020-2024 incorporating the recommend Council and staff directed modifications above.
1. The annual City Budget to be adopted for FY 2019-20 is summarized below:
|
|
General Fund |
All Other Funds |
Total |
|
Program/Operating |
$43,475,122 |
$74,116,262 |
$117,591,384 |
|
Capital Improvement |
$1,452,840 |
$53,241,078 |
$54,693,918 |
|
Debt Service |
$0 |
$6,670,050 |
$6,670,050 |
|
Operating Transfers |
$531,000 |
$915,420 |
$1,446,420 |
|
Total |
$45,458,962 |
$134,942,810 |
$180,401,772 |
As projected, there will be sufficient resources to cover all proposed expenditures. The general fund undesignated balance is anticipated to be $1,954,935 at June 30, 2020. This balance does not include any fiscal impacts of negotiated memorandums of understanding or schedules of salaries and benefits.
Documents Attached:
1. Attachment 1: Budget Resolution FY 2019-20
2. Attachment 2: Final Budget Document FY 2019-20