4A Public Hearing 2009 0601 - Laserfiche WebLink

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Proposed City Budget -Page 2 of 4 - June 1, 2009 recommended. Specifically, staff, at Council's Budget Workshop of March 23, 2009, noted that the City's Self Insurance Fund has sufficient funds to support cone-time transfer to the General Fund. Accordingly, the proposed budget includes a transfer of $1.4 million from the Self Insurance Fund to the General Fund. Overall, the expenditure budget proposed for 2009-10 totals $134.6 million. The City's General Fund accounts for $78.2 million of this request, the Redevelopment Agency, $15.1 million, Enterprise activities, (Water Pollution Control, Environmental Services, Shoreline Fund and Storm Water Fund) $12.8 million and all other activities, $28.5 million for 2009-10. CITY COUNCIL AND FINANCE COMMITTEE REVIEW City Council received the City Manager's Proposed Budget for 2009-10 on May 14, 2009. At the City Council meeting of May 18, 2009, there was a presentation of the Proposed City's RDA and Capital Improvement Budgets. During Council's discussion and review of the budgets, Council specifically referred to the recommended closure of Farrelly Pool. The Mayor noted that Farrelly Pool was on the Finance Committee agenda for the following day, May 19, 2009. The Mayor further indicated that he anticipated that a recommendation on the Farrelly Pool closure would be forthcoming from the Finance Committee, and would be reported to Council at the June 1, 2009 Council meeting. Council indicated no other changes to the various budgets. The Finance Committee, on May 19, 2009, received additional input from the public and a report from staff regarding Farrelly Pool The Recreation and Human Services Director outlined a plan that would provide a partial opening of the Farrelly Pool for the 2009 swim season. Further, the Director indicated that sufficient cost savings could be realized in other budget areas to fund the limited opening. The Director also recommended increasing recreational swim fees to help defray costs, to which the Finance Committee agreed. In addition, the City Manager indicated that if the City's financial position worsens, Farrelly Pool could be further restricted for the 2010 swim season. The Finance Committee indicated its approval. In terms of the Proposed Budget, it is not necessary to amend the appropriations amount originally presented to Council since the limited opening is being funded from cost savings. However, the Final Budget narrative will be updated to reflect the limited opening of Farrelly Pool, if that is the action Council finally takes. IMPACT OF SPECIAL ELECTION RESULTS At the statewide special election held on May 19, 2009, California voters considered several fiscal propositions, which if passed, would help in balancing the state budget. Voters rejected five of the six ballot measures further exacerbating the state budget deficit. As a result the state may exercise its ability to "borrow" revenues from local government as provided for in Proposition lA, which was passed in 2004.