8L Consent 2017 0306 - Laserfiche WebLink

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File Number: 17-095 Other/Transfer (33% of adopted budget compared to 28% in 2014-15)- Other revenue increased by $29,000 or 17% primarily due to an increase in donations received by the City, greater Police Abandoned Vehicle fees, and greater Sidewalk Repair fees. As reported in the attached Mid-Year Financial Report, all other taxes and revenue receipts are relatively in line with budgeted revenues. The third quarter report will show a closer estimate to what the year-end results will reflect. General Fund Expenditures The following details General Fund year over year expenditure variances that are equal to or greater than + or - 10% and are presented in the order they are shown on the mid-year financial report: Engineering and Transportation - (54% of adopted budget compared to 51% in 2015-16) - The current year's mid-year expenditures are $191,000 or 14% more than in 2015-16 and reflect more staff time and consulting expense spent on capital projects. Higher costs also represent increases to salaries and benefits as a result of new labor agreements, normal step level adjustments, and rising PERS costs. Public Works (53% of adopted budget compared to 47% in 2015-16) - The current year's mid-year expenditures are $335,000 or 15% more than in 2015-16 and reflect increased costs for salaries due to new labor agreements, expanded use of part-time staff, increased street and grounds repairs, purchase of traffic control cabinets and parks maintenance supplies, higher PERS and healthcare costs, and higher water costs for landscape maintenance. Debt Service - (10% of adopted budget compared to 33% in 2015-16) - The current year's mid-year expenditures are $1.0 million or 65% less than in 2015-16. This is entirely due to an internal timing issue of when debt service payments are recorded. Staff expects debt service payments to equal budgetary appropriations by end of the fiscal year. Transfers (1% of adopted budget compared to 0% in 2015-16) - The current year's mid-year expenditures are $50,000 or 100% greater than in 2015-16.This is again due to an internal timing issue of when interfund transfers are recorded. Staff expects transfers to equal budgetary appropriations by end of the fiscal year. Enterprise & Internal Service Funds Four Enterprise Funds make up the City's business type operations. The Water Pollution Control Plant Fund, Environmental Services Fund, Shoreline Enterprise Fund, and the Storm Water Fund are City municipal operations designed to fully recover costs through user fees. Internal Service Funds also operate as business activities, exclusively supporting the City's internal operations. Facilities Maintenance, Information Technology, Insurance Services, and Equipment Maintenance make up these funds. The following details year over year Enterprise & Internal Service Funds expenditure or revenue variances that are equal to or greater than + or - 10% and are presented in the order they are shown on the mid-year financial report: Water Pollution Control Plant (593) - Revenues decreased by $7.1 million or 77% and Page 4 City of San Leandro Printed on 2/28/2017 179