19. Budget adjustments
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CITY OF
CUPEIQ"INO
City Hall
10300 Torre Avenue
Cupertino, CA 95014-3255
Telephone: (408) 777-3220
FAX: (408) 777-3366
ADMINISTRATIVE SERVICES DEPARTMENT
SUMMARY
Agenda Item No. , q
Meeting Date: December 6, 2006
SUBJECT AND ISSUE
Approve mid-year budget adjustments for fiscal year 2006/07.
BACKGROUND
During the year staff reviews the budget and compares it to actual revenues and expenditures. As a
result of this review process, mid-year budget adjustments are brought back to the City Council to
adjust our original budget projections and reflect the current status of operating and capital project
accounts. This is the second midyear budget adjustment proposed for fIscal year 2006/07.
The General Fund is forecasted to end fiscal year 2006/07 with $2.02 million more in revenues than
thc adopted budget, led by the recent passage of the Tax Equity Allocation legislation which will
bring in a minimum $1.35 million more in ongoing property taxes. Staffrecommends using part of
the increased revenue projections to fund additional law enforcement coverage, capital projects and
other miscellaneous items that have come to our attention since the budget was adopted.
Accordingly, the Council is requested to authorize the following mid-year 2006/07 budget
adjustments to the General Fund:
Revenue Expenditure
Approved by Council on 11-6-06
$1,780,000
$375,000
New Requests for consideration:
General Fund:
Sales Tax
Property Tax - TEA correction
Sheriff - Additional Patrol, Midnight,
Swing Shift & School
Sidewalk Maintenance
Cupertino Radio Station
Liability Claims
400,000
-160,000
385,000
150,000
30,000
50,000
(1-(
Printed on Recycled Paper
Transfers - Mary Ave Footbridge (1)
Transfers - Lawrence Expressway
Linear Park (2)
Transfers - Barnhart/Sterling Park (2)
Total this request - General Fund
Total 06/07 - General Fund
750,000
$
$
240.000
2.020.000
$ 1.365.000
$ 1.740.000
Park Dedication Fund:
Park Dedication Fees (3)
Park Expenditures (3)
-500,000
-500,000
(l) Prop 42 monies will reduce the
General Fund obligations to the Gas
Tax CIP by $390K with the remainder
funded from FY 05/06 dept savings
(2) Recommend review with FY 07/08
CIP. Purchase of Bamhart/Sterling
Park and $50K in design already
budgeted.
(3) Project eliminated w/ Measure D vote
RECOMMENDA TION
It is recommended that the City Council approve the mid-year 2006/07 budget adjustments as
described above and defer funding on the Lawrence Expressway Linear Park and the
Barnhart/Sterling Park to the 2007/08 CIP Budget process.
Submitted by:
Approved for submission:
UtUt J-f! {] . Utio-C0 d!
Carol A. Atwood
Director of Administrative Services
~
David W. Knapp
City Manager
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EXHIBITS
BEGIN
HERE
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~~_~_rift~LJdget and Cost Recap
Date P~~~r~n 12-5-06
~.._---------+---
Budget (a)
$$$ % Inc
Actual
$$$ % Inc
P-opul~tion-(b) .
Number % Inc
#1
Response Time----r----- # of
#2 #3 i I Crimes
~ -==~1=r --~ ----
'8.09Mln 16.74 Mini I
7.38 Min15.72 Min! i-.. 994
8.46 Min -;-18.89 Min. T-- 1,319
8. 71 Min~18.82 Min'--~ 1,155
9.57 Min L19-~33M~--.. 1,277
t-9.35 Min 19.04 Min 852
, . - -~ ----------t-----l--- ---- ---~
Fiscal Year 06/07
----_._._~---_.--
Fiscal Year 05/06
- ----
Fiscal Year 04/05
-------_..----------
~~cal.'(ear 03/04 (a)
Fiscal Year 02/03
___._._________~.u_
Fiscal Year 01/02
7, 148,?~}_
6,969,863
6,725;SQ4:
6,407,?~t ._
5,891 ,~~5_
5,650,_282_ .
---- -- ---+..-
2.56%
3.63%.
-----~._~ -
4.97%
8:Z.5%~u__
4.27%
52,600 4.06%
6,396,074 --6.22% ---- --52,600 r------
___ ... ----t------------ ._n_.__ -- -- ----- ------ j -----
6,021 ,639;. ~.4~o~o _.4.. n. ??~~Q.j._
5,762,765 -1'..1Q%___?2,-6"<~9_
5,826,901 . 4.67%_52,9.9~_
5~566,t)87 i ___59,546 i
I
4.94 Min
u,5.40 Min
5.31 Min
5.48 Min
5.21 Min
- -r5.99 Mfn
--'--- --------r---------
__..__ "_____.L ~ ________ ----
(a) Increases in t~el:>ud9.et area!tri.l:>lJte~t9~()~!~f!iy_illglPE:'3S!the_~ew '^'~.s!si~~?_t(itioll.New contract llegotiat13<1in 03l0~. __ __
Actual cuts in service over this period include (1) DARE program cut in 03/04; (2) Neighborhood Watch/Community Relations .
Serg~~~E~~tJn.032if4;]3)~~d [i9E!r(r~jfi~Serg_~ant cutin03/Q~n_n-n-- .----u-u.--H--n~_I~~---- .. u ~~==~
______ __ ___._________ l..-___ _____~______l _ . .~_____.._.___.____, ___0.______ ..._ -'--- .__.~_.__..____~______L
Midyear budget adjustment of $385,000 provides for the addition of a midnight Cupertino beat unit for Patrol, a school response patrol .
_9~~~ty!h_~! will wor~fcllJ~dai~aw~k re~ondlng -to the c~lisn~i~he~~~()~ls_and-ii~~gsbjf~_~~~!Y_t~P!imariT}'. be respof1~i~le for!b-e- [--.--.- .
Vallco area as well as other calls.
__ _ ________________ __..____.______~___ __ --'- ______________________________.-.1_------'-__ ____ _____
(b)P()~u!<i.ti.()~has increas~~ov~r t~i~_!iJ'Tl_~p~~o~ b~.'!.Q6_%.duet~Jh~_~nllE3x~!ionl3 of Rancho Rincon~d~_~~rden GCl.tE3andMonta _ _._ +_u___
Vista. Over the next two years, daytime population will increase at Vallco Mall by a minimum of 1.5 million customers at the .
-new-AMCTtleater-comple)(, a-ndnelNdeveloPrr1E3n!_,^,~f re~_uITin ~~~J!i~_n?1 ':eside-nt~- - ..u___u~_ --- .. ._n u~:- =-=--' ---
--- 1-
Sheriff budget and cost recap 06-07.xls