8C Consent 2006 1218 - Laserfiche WebLink

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WEST SAN LI(ANDRO SHUTTLE nUSINESS IMPROVEMENT DISTRICT - . ,- -- ~ ANNUAL REPORT FY 2006-07 2005-06 Actual Budcet Expenditures for Fiscal Year 2005-06 were approximately $13,000 (3.7%) more than the adopted budget, however the program was able to still maintain a balanced budget as a result of the Redevelopment Agency funds which were dedicated to the program. The unanticipated rise in program costs can be attributed to the increasing operation costs of MY Transportation services. A general explanation for these rising costs is the upward spike in fuel costs during FY 2005-2006. As a result, MY Transportation hourly rates increased to $53.87. An additional change to the budget included the elimination of funds set aside for contingency for Fiscal Year 2005-06, as the Redevelopment Agency funded contingency expcnses up to but not exceeding $100,000. 2006-07 Proposed Budget There arc several major changes to the LINKS budget for Fiscal Year 2006~07. First, thc budget for Fiscal Year 2006-07 ineludes an approximate 3% increase for the shuttle provider. This increased cost is a direct result or the anticipated increase in the cost of MY Transportation serviccs due to normal intlation, as well as the fluctuating cost of fuel. Sccond, as a result of the maturation of the shuttle program and in an effort to control the ovcrall cost of the program, the 2005-06 Advisory Board recommended that the SLTMO change from paid employees to contract employees. Starting in January 2006, the Executive Director of the SLTMO was paid as a consultant and the SLTMO no longer directly hired staiTto operate the shuttle. As part of the overall cost savings effort, the overall duties of the Executive Director were revised and reduced (The 2006-07 duties of the Executive Director are attached to this repOlt as Exhibit C). This cost savings measure will continue to be employed throughout the entire fiscal year of2006-07. As a result, approxirnately $15,000 in programmatic savings will be realized. With the change to contract staffing, the LINKS will no longer rent office space fi'orn the Davis Street Family Resource Center. This will result in a savings of an additional $2,400. Third, the City of San Leandro will continue to provide accounting services for the LINKS. In prior years, accounting work for the LINKS was provided by the Executive Director, a contract accountant, and a CPA finn. All accounting functions will now be provided by the City of San Leandro Finance Department. Finally, LINKS was not successful in securing a BAAQMD grant il)r calendar year 2007. Thereil1re, funding from BAAQMD for LINKS will end as of December 31, 2006. As a result, the Redevelopment Agency will provide gap runding in the amount or $79,516 to compensate ror the budgetary gap left by the tem1ination of BAAQMD funding. The Redevelopment Agency funding is well within the funding allocation allowed as the LINKS has an agreement in place where the Redevelopment Agency of San Leandro will provide the shuttle with up to $100,000 in funding on an as-needed basis.