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File Number: 13-212 <br />Hospital permit fees of $500,000 in 2011-12 account for the higher levels in the <br />previous year. <br />As reported in the attached Third Quarter Financial Report, all other taxes and revenue <br />receipts show a closer projection to what the year-end results will reflect. <br />General Fund Expenditures <br />·Police - (74% of budget compared to 75% in 2011-12)-The current year’s Police <br />expenditure budget is $755,000 less than budgeted in 2011-12. The decrease is <br />primarily due to the transfer of certain Retirement System costs to debt service to fund <br />the pension obligation bond payments in the amount of $1.6 million. Third quarter <br />expenditures are in line with the annual budget. <br />·Fire - (66% of budget compared to 59% in 2011-12)-The current year’s budget for <br />contract services is $645,000 more that in 2011-12. The December 2011 contract <br />service payment for $1.2 million was paid in April 2012 resulting in higher expenditures <br />for the third quarter in 2012-13. <br />·Debt Service - (56% of budget compared to 76% in 2011-12)-Debt service payments <br />increased by $475,000 due to the payment made for the pension obligation bonds. An <br />additional $1,616,000 pension debt service will be paid on June 1. Total adopted <br />budget debt service for 12-13 is $ 4,886,000; total debt service for 11-12 was <br />$2,981,000. <br />·Transfers - Transfers increased by $968,000 due to one-time appropriations approved <br />during the adoption of the 2012-13 budget, funded from 2011-12 savings to be used for <br />Building Maintenance projects for $540,000, Project Literacy for $20,000, and <br />$400,000 transferred to the Self-Insurance fund for a portion of the ICFG Settlement. <br />Enterprise & Internal Service Funds <br />Four Enterprise Funds make up the City’s business type operations. The Water Pollution <br />Control Plant Fund, Environmental Services Fund, Shoreline Enterprise Fund, and the Storm <br />Water Fund are City municipal operations designed to fully recover costs through user fees. <br />Internal Service Funds also operate as business activities, exclusively supporting the City’s <br />internal operations. Facilities Maintenance, Information Technology, Insurance Services, and <br />Equipment Maintenance make up these funds. <br />Enterprise & Internal Service Funds <br />·Water Pollution Control Plant - Overall revenues decreased by a modest 1% <br />primarily due to the timing of Industrial Sewer billings. Expenditures increased by 70% <br />due to the construction costs for the renovation of the existing Plant. Total project cost <br />is estimated at $50 million and is expected to be completed by early 2015. <br />·Self Insurance - Expenditures increased by $2.5 million in 2012-13 primarily due to the <br />ICFG Settlement of $2.3 million. <br />·Facilities Maintenance - Revenue in the 2012-13 budget includes $540,000 from <br />2011-12 transferred from 2011-12 General Fund savings to complete various capital <br />improvement projects. <br />Page 3 City of San Leandro Printed on 4/30/2013