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File Number: 19-079 <br />Water Pollution Control Plant to Special Revenue funds. Multi-year forecasts for each fund, for the <br />most part, show these funds to be balanced in terms of available resources and projected <br />requirements for both fiscal years. There is, however, one fund that requires additional attention in <br />order to achieve long-term financial stability. <br />The Storm Water Fund is projected to be in deficit for 2019-20 and 2020-21. The Storm Water <br />fund experienced a shortfall in 2016-17 of $22,000, with the shortfall projected to increase to <br />$480,000 in 2024-25. The fund is only able to partially support basic storm drain maintenance; <br />additional review and analysis is required to mitigate or eliminate the anticipated shortfalls. <br />Current City Council Policy <br />·Article V of the City of San Leandro Charter requires the City Manager to submit the <br />Proposed Budget to the City Council at least thirty-five days prior to the beginning of each <br />fiscal year and for Council to adopt the Budget following a Public Hearing, by no later than <br />June 30th. <br />Previous City Council Actions <br />·January 28, 2019 City Council held a Budget Work Session for the financial forecast model <br />·February 2, 2019 City Council Winter Planning Session established goals for the new fiscal <br />year’s Biennial Budget and reviewed the overall Biennial Budget and forecast assumptions. <br />·February 19, 2019 City Council held a Budget Work Session on the proposed 2019-20 and <br />2020-21 Biennial Budget Capital Improvement Program. <br />·April 15, 2019 City Council Budget presentation <br />·May 6, 2019 City Council held a Public Hearing and approved the increases in fees and <br />charges for City department services for fiscal year 2019-20 and the annual CPI adjustment to <br />the City’s EMS Tax, 9-1-1 Tax and the Business License Tax. <br />·May 14, 2019 City Council received the City Manager’s 2019-20 and 2020-21 Proposed <br />Biennial Budget document. <br />·May 20, 2019 City Council discussed the proposed Biennial Budget. <br />Summary of Advisory Committee Review/Public Outreach Efforts <br />All City Council meetings were properly noticed in accordance with the City Charter and <br />California law. <br />Fiscal Impact <br />The 2019-20 and 2020-21 proposed Biennial Budget expenditures for all City funds are $185.9 <br />million and $190.8 million, respectively. The 2019-20 and 2020-21 proposed Biennial Budget <br />expenditures for the General Fund Budget are $116.8 million and $120.3 million, respectively. <br />Budget Authority <br />·The Charter of the City of San Leandro. <br />CONCLUSION <br />Staff recommends the City Council adopt the attached Resolutions approving the 2019-20 and <br />2020-21 Biennial Budgets for the City, and its various agencies and component units. <br />Page 3 City of San Leandro Printed on 5/29/2019 <br />13