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File Number: 13-559 <br />Budget for 2013-14 was reduced by $700,000 to reflect vacancy savings to balance the <br />budget. Actual expenditures were just $13,000 higher than last fiscal year. The <br />Non-Departmental Budget will be adjusted as salary savings occur during the remainder of <br />the year. <br />·Debt Service (12% of budget compared to 13% last fiscal year. - Debt service will <br />decline in FY 13-14, due to the refinancing of the City’s debt in March 2013. <br />·Other/Transfers (1% of budget compared to 218% in 2012-13) -The decrease in <br />transfers of $552,000 reflects a first quarter transfer made in 2012-13 for Facility Repairs <br />from unanticipated revenue increases in 2011-12. <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 Fund Revenues <br />·Water Pollution Control Plant (42% of budget compared to 33% in 2012-13)-Expenditure <br />increases in the first quarter are primarily due to the Water Pollution Control Plant <br />expansion project. <br />·Insurance Services (22% of budget compared to 98% in 2012-13) -Expenditures <br />decreased by $2.3 million in 2013-14 due to a settlement payment made to ICFG for $2.3 <br />million in the first quarter of 2012-13. <br />Special Revenue Funds <br />Revenues and expenses for the City’s operating Special Revenue Funds are included in the <br />report. Revenues and expenditures for the Parking Fund, Gas Tax Fund, Heron Bay <br />Maintenance Fund, Housing Services Funds, Business Improvement District Fund, and the <br />Public Education & Government Access Fund are provided . <br />Special Revenue Funds Revenues <br />·Housing Services Funds (29% of budget compared to 11% in 2012-13) - Expenditures <br />increased in the first quarter of 2013-14 due to the timing of the payment for the HUD 108 <br />Senior Center Loan. <br />·Public Education & Government Fund (148% of budget compared to 2% in 2012-13) - <br />Expenditures reflect a higher percentage to adopted budget due to the project related to <br />the recording of City Council meetings. <br />ATTACHMENTS <br />Page 3 City of San Leandro Printed on 11/12/2013