|
2010 -11 Year -End Review and Budget Adjustments September 19, 2011
<br />year -end adjustments as described in this report. As summarized below, staff is projecting net
<br />expenditure savings over the Adjusted Budget of $376,000.
<br />GENERAL FUND EXPENDITURES
<br />(In thousands)
<br />Year to date payroll through 613012011 equals 102 %.
<br />Summary of Year -End Expenditure Projects
<br />Total projected net savings over the Adjusted Budget of $376,000 includes Fire Services
<br />savings of $290,000, overall departmental savings of $281,000, and budget overages in the
<br />Non - Departmental due to termination payoffs for retirees and resignations ($195,000).
<br />Furlough savings for January -June 2011 are not reflected in the Adopted Budget since new
<br />labor contracts were not in place at that time. The related 2010 -11 savings equates to 1.2%
<br />or about $310,000 and is included in the net projections.
<br />Year -End Budget Adjustments are reflected in the 2010 -11 Projected total in the amount of
<br />$28,300 (further detailed in Attachment 2) and include:
<br />o $16,800 from donations from the Friends of the Library for various library events.
<br />o $8,300 to provide funding adjustment from the mid -year report for four (4) positions
<br />from January 1, 2011 - June 30, 2011 that were not budgeted pending the outcome of
<br />Measure Z (two other positions are reinstated in the Information Technology Internal
<br />Services Fund).
<br />o $3,300 from donations to the Recreation and Human Services Department for various
<br />events.
<br />General Fund Year -End Summary
<br />The 2010 -11 year -end forecast for the General Fund has improved over the Adopted Budget,
<br />largely due to an increase in projected revenues. Revised projections reflect an operating
<br />increase of $2,261,000 for the fiscal year. Overall, staff projects a net fund balance in the
<br />4
<br />2010 -11
<br />2010 -11
<br />YTD
<br />% Budget
<br />2010 -11
<br />Surplust
<br />%Over/
<br />Department
<br />Adopted
<br />Adjusted
<br />Actuals
<br />Spent
<br />Projected
<br />(Deficit)
<br />Under
<br />City Attorney
<br />305
<br />315
<br />372
<br />118.1%
<br />372
<br />(57)
<br />118.1%
<br />City Council
<br />387
<br />377
<br />350
<br />92.8%
<br />350
<br />27
<br />92.8%
<br />City Manager
<br />1,633
<br />1,860
<br />1,780
<br />95.7%
<br />1,780
<br />80
<br />95.7%
<br />Community Development
<br />2,647
<br />2,726
<br />2,662
<br />97.7%
<br />2,662
<br />64
<br />97.7%
<br />Engineering & Transportation
<br />2,171
<br />2,171
<br />2,100
<br />96.7%
<br />2,100
<br />71
<br />96.7%
<br />Finance
<br />1,956
<br />2,001
<br />2,243
<br />112.1%
<br />2,243
<br />(242)
<br />112.1%
<br />Fire Contract
<br />17,488
<br />17,488
<br />17,141
<br />98.0%
<br />17,141
<br />347
<br />98.0%
<br />Fire Supplies & Capital Outlay
<br />392
<br />542
<br />599
<br />110.5%
<br />599
<br />(57)
<br />110.5%
<br />Human Resources
<br />988
<br />1,001
<br />962
<br />96.1%
<br />962
<br />39
<br />96.1%
<br />Library
<br />4,358
<br />4,507
<br />4,427
<br />98.2%
<br />4,427
<br />80
<br />98.2%
<br />Police
<br />25,304
<br />25,321
<br />25,614
<br />101.2%
<br />25,614
<br />(293)
<br />101.2%
<br />Public Works
<br />3,937
<br />4,150
<br />3,767
<br />90.8%
<br />3,767
<br />383
<br />90.8%
<br />Recreation & Human Services
<br />3,435
<br />3,521
<br />3,390
<br />96.3%
<br />3,390
<br />131
<br />96.3%
<br />Non Departmental
<br />1,629
<br />1,703
<br />1,898
<br />111.5%
<br />1,898
<br />(195)
<br />111.5%
<br />Debt Service
<br />2,980
<br />2,980
<br />2,982
<br />100.1%
<br />2,982
<br />(2)
<br />100.1%
<br />Subtotal Operating Expenditures
<br />69,610
<br />70,663
<br />70,287
<br />99.5%
<br />70,287
<br />376
<br />99.5%
<br />Transfers
<br />368
<br />2,694
<br />2,694
<br />100.0%
<br />2,694
<br />100.0%
<br />Total Expenditures
<br />69,978
<br />73,357
<br />72,981
<br />99.5%
<br />72,981
<br />376
<br />99.5%
<br />Year to date payroll through 613012011 equals 102 %.
<br />Summary of Year -End Expenditure Projects
<br />Total projected net savings over the Adjusted Budget of $376,000 includes Fire Services
<br />savings of $290,000, overall departmental savings of $281,000, and budget overages in the
<br />Non - Departmental due to termination payoffs for retirees and resignations ($195,000).
<br />Furlough savings for January -June 2011 are not reflected in the Adopted Budget since new
<br />labor contracts were not in place at that time. The related 2010 -11 savings equates to 1.2%
<br />or about $310,000 and is included in the net projections.
<br />Year -End Budget Adjustments are reflected in the 2010 -11 Projected total in the amount of
<br />$28,300 (further detailed in Attachment 2) and include:
<br />o $16,800 from donations from the Friends of the Library for various library events.
<br />o $8,300 to provide funding adjustment from the mid -year report for four (4) positions
<br />from January 1, 2011 - June 30, 2011 that were not budgeted pending the outcome of
<br />Measure Z (two other positions are reinstated in the Information Technology Internal
<br />Services Fund).
<br />o $3,300 from donations to the Recreation and Human Services Department for various
<br />events.
<br />General Fund Year -End Summary
<br />The 2010 -11 year -end forecast for the General Fund has improved over the Adopted Budget,
<br />largely due to an increase in projected revenues. Revised projections reflect an operating
<br />increase of $2,261,000 for the fiscal year. Overall, staff projects a net fund balance in the
<br />4
<br />
|