Laserfiche WebLink
File Number: 21-005 <br />the first quarter were recorded in the second quarter this year contributing to the <br />year-over-year variance of $311,000. <br />·Business License Tax - (2% of anticipated revenue in the amended budget has been <br />collected, compared to 5% in 2019-20). The year-over-year decrease of $215,000 is <br />attributed to the COVID-19 pandemic. The pandemic has negatively impacted <br />businesses. <br />·Charges for Services - (11% of anticipated revenue in the amended budget has been <br />collected, compared to 27% in 2019-20). The year-over-year variance of $527,000 is <br />mainly due to the reduction in recreation revenues. Due to the stay-at-home orders, many <br />recreation and library programs are still closed. <br />·Interest & Property Income - (32% of anticipated revenue in the amended budget has <br />been collected, compared to 43% in 2019-20). The year-over-year variance of $230,000 <br />is largely due to the reduction in facility rental revenues as city facilities are still closed. <br />·Intergovernmental - (83% of anticipated revenue in the amended budget has been <br />collected, compared to 9% in 2019-20). The year-over-year increase of $538,000 is <br />primarily attributed to the allocation of CARES Act funds from the California Department of <br />Finance. <br />·Interdepartmental - (0% of anticipated revenue in the amended budget has been <br />collected compared to 25% in 2019-20). Internal service charges to other funds/programs <br />are recorded in the second quarter this year contributing to the year-over-year variance. <br />As reported in the attached 1st Quarter Financial Report, all other taxes and revenue receipts are <br />relatively in line with budgeted revenues. <br />General Fund Expenditures <br />General Fund, Total Expenditures - (12% of amended budget has been spent compared to <br />16% in FY 2019-20). Expenditures for the quarter ended September 30, 2020 were $14.8 <br />million, or 12% of the amended budget of $122.2 million. General Fund expenditures were $4.8 <br />million lower than the same period last year mainly due to the timing of recording the internal cost <br />allocations between the General Fund and Internal Service Funds. The close of certain recreation <br />and library programs also resulted in lower staffing and program costs in the first quarter. Every <br />department’s expenditures remain less than 25% of its annual budget appropriation. Significant <br />variances are discussed below. <br />·Police - (21% of the amended budget has been spent compared to 24% in FY 2019-20). <br />The variance is primarily due to the Internal Service Fund charges mentioned above. First <br />quarter charges were recorded in the second quarter this year. When accounting for the <br />cost allocations, year-to-date expenditures are in line with prior year expenditure. <br />·Recreation & Human Services - (10% of the amended budget has been spent <br />compared to 24% in FY 2019-20). Lower expenditures correspond to reduction in <br />recreation revenues due to the shelter-in-place orders. <br />·Debt Services - (3% of the amended budget has been spent compared to 16% in FY <br />2019-20). First quarter contributions to the debt service fund are recorded in the second <br />quarter this year. Contributions/charges are spread out over a twelve-month period and <br />resources are accumulated to make debt service payments. <br />Page 6 City of San Leandro Printed on 1/14/2021 <br />53