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File Number: 17-095 <br />this is due to the timing of when residential sewer service property tax assessments are <br />recorded by the Finance Department. Staff expects revenue estimates to be fully met by <br />year-end. Expenditures increased by $1.6 million or 28% due to the first principal and <br />interest payment of a loan to the State Water Resources Control Board. This is offset by <br />capital improvement cost no longer needed for plant renovation. <br />Environmental Services (594) - Expenditures increased by $55,000 or 11% due to <br />increases to salaries and benefits as a result of new labor agreements, normal step increases, <br />rising PERS costs, and more funds dedicated to the City’s recycling program. <br />Storm Water (598) - Revenues decreased by $1.1 million or 100% and this is entirely due <br />to when residential storm water property tax assessments are recorded. Staff expects <br />revenue estimate to be fully met by year-end. <br />Facilities Maintenance (687) - Expenditures decreased by $287,000 or 18% due to lower <br />costs than last fiscal year for building maintenance, HVAC repair and replacement, electricity, <br />and replacement of windows at the Marina Community Center. <br />Information Technology (688) - Expenditures increased by $260,000 or 14% due to <br />higher software maintenance costs than last fiscal year at the same time period. <br />Insurance Services (689) - Revenues decreased by $198,000 or 10% due to lower <br />interest income allocated to the fund and lower reimbursements of insurance expenses from <br />outside sources. Expenditures increased by $247,000 or 10% due to a greater amount paid <br />out for legal settlements and judgements as well as insurance premiums. <br />Equipment Maintenance (690) - Expenditures decreased by $276,000 or 25% due to <br />lower costs than last fiscal year for equipment maintenance and vehicle purchases. <br /> <br />Special Revenue Funds <br /> <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 /> <br />The following details year over year Special Revenue Funds expenditure or revenue <br />variances that are equal to or greater than + or - 10% and are presented in the order they are <br />shown on the mid-year financial report: <br />Gas Tax - Street Maintenance (140) - Expenditures decreased by $350,000 or 27% due <br />to new traffic signs purchased prior fiscal year and not this fiscal year, decreased asphalt <br />purchases, decreased administrative support costs to the General Fund, and less equipment <br />purchases. <br />Asset Seizure (146) - Revenues decreased by $9,000 or 16% due to lower seizure <br />disbursements received by granting agencies. Expenditures increased by $23,000 or 337% <br />due to new eligible expenditures of Asset Seizure funds. <br />Page 5 City of San Leandro Printed on 2/28/2017 <br />180