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Exhibit CC 06-06-2016 Item No. 16 FY 2016-17 Final Budget Session Hearing and Adoptioncc 06/06/16 Agenda • General Fund Revenue Forecast • Fund Balance • Major Changes since FY2016 Final Budget • Staffing • Issues and Challenges • Next Steps 1 cc 06/06/16 2010·11 Act vals 2011·12 Actuak 2012·1.3 Actu als 2013·14 Act uals 20 14·15 Ac.c uals 2015-16 Projec ti on ....oil Othe r taxes ...._.ln te rgovem men ta l revenu e -Fin es and forfe iti.xes -Misce!!aneOJ s/Others 20 16-17 Pro jection 2017-18 Oroj K lion __,,UcMstsand permits mii!Chargesfor se rvices 2018-19 Projec tion 2019-20 Projtttion ZOZ0.21 Projec tion 590.0CO.OCIO $80,000.000 $70.000,000 $60,000.(()() SS0,000.000 $30.000,000 $20,000,000 Sl0.000.000 S· u ~ of money and properly ....-Transient occupa ncy Projected Admin Overhead (15%) Revenues 2 cc 06/06/16 50,000,000 40,000,000 30,000,000 2(),000,000 10,000,000 (10,000,000) FY 13/14 Actua ls FY 14/15 Actua ls L-Auigned~the_•_Fu_nd_B•_~_nc_e ,__19_,7_63_,_06_5 -+-_19_, 7_63_,_06_5 _, :-changes to Fund Ba lanc e · 9,636,087 +-(2.697,063 ) ; -una ssigned Fund Ba lance 25,917.331 ~ 25,917.331 .~ Tolal Fund Sa laru 55.316.483 42 ,983,333 FY 15/16 FY 16/17 Projected Projected 26,541.766 i 29,360,396 2,414,797 1,787,299 16,441,567 16,037,734 45,398,130 47 ,185,429 FY 17/18 FY 18/19 FY 19/10 FY 10/21 Projected Projected Projected Projected __, 26,261,693 28,215 1,693 28.261,693 28,261.693 3,897,826 4,767,403 3,671,798 3,942,948 16,692,979 ,_B 590,ao5 25,358,208 29,030,006 48,852,498 53,619,901 57 ,291,699 61.234,647 3 cc 06/06/16 15,C(lCUXXJ 20.CDlOOO 15,0CI0,000 10.000.000 5.000.0CJO (5,000,000) 110,000,l)(l)) 115,000,000) (20,000,000) · FY 13/14 ~t u&ls FY 14/15 Act u&!s -Chan&estoFundSa la nc~ --t-3,1.3L724 SS3,5l1 Pub lic works 35,239,062 26% 12.761.181 FY 15/16 FY 16117 Proje<ted Projec ted 10.400.oo:l {15.072.000) 27.146,416 Non depa rt menta l 16,138,911 12 % FY 17/18 rv lB/19 FY 19/1.0 FY 20/ll Projected Projected : Projected Projected ~ ll,l6l000) l l,26l000)-t-(1,118,000) 175,000) 12 ,074,416 8.713.416 dministratNe serv ices 6,632,270 5% Ca pita l projec ts 18,330,000 14% Co mmuni ty deve lopmen t 14,780,346 11 % 4 cc 06/06/16 City Council and Convniuioos: S1.Z74.l5&..4 - Admlnb.tration: S.S.J11,5M.25 Uw Enfcwcf'mirnt:S1 1,.aa..&..l84 Comm untry Dev~ S11l,710,.l46 oct.t Uan, Othl Capital & SptdU ProjKt Szt,3:91,712 C:tpital ,1o;.cts: Sll ,l.30,000 -~· ------Trantff<Out:StZ.12'.JTJ Non Dt~rtmental: S15,1J8,111 Changes from the FY 15-16 Final Budget Category FY 15-16 FY 16-17 $Change %Change : Final Budget Proposed . '.Budget .. .. . ,. . : I I •' • •• ,:• • 5,690,232 5,906,311 216,079 24,855,647 30,733 ,905 5,878,2 58 Cost Allocation 4,335,245 15,099,977 10,764,73 2 Capital Outlays and Special 32,994,273 24,939,744 (8 ,054,529) 2,086,381 1,772,626 (313 ,755) 6,439,481 4,447,018 (1 ,992,463) 15,061,2 22 22 ,126,373 5 cc 06/06/16 5,690,232 5,906,3 11 216,079 24,855,647 30,733 ,905 5,878,258 Capital Outlays and Special 32,994,273 24,939,744 (8,054,529) 6,439,481 4,447,018 (1,992,463) 22,126,373 Increased$ $ 0 .1 Officer 0.2 0 .1 6 cc 06/06/16 Information Services BMR Consultants IT Consultants 0.6 Sheriff Contract 0.7 Tipping Fees and Video and Clean Storm Drain S stem 0.9 Total Contract Services $ 5.9 CIP -Cil)"vidc Stonn Drain 210-99-042 CIP-Storm Drain lmpv Foothill & 270-90-960 CJP -Bridget Minor Rehab 270-90-961 C IP-Strcct: Median Irrigation 270-90-962 ClP-Bi kc/Ped 'Facilit Im rovcmmt GIO<g 420-99-003 CIP -McClellan Ranch Trash Endosure 420-99-004 CIP-McClellan Ranch Comm unit)' Garden Improvements 420-99-005 CJP -Mem oria l Park Parking 420-99-007 CIP -ADA Improvements 420-99-015 ClP -Tennis Court Resurfacing 420-99-017 ClP -Sport Center Exterior Upgrades 420-99-018 CIP -Sport Cen ter Interior Upgrades 420-99-030 C IP -McC lellan West P.irking Lot 420-99-011 CIP -Facilities Monument Signs 420-99-012 CIP -Turf Reduction 420-99-013 CIP -Scrvire Center Shed 420-99-014 CIP -Stocklm cir New Sewer lateral 420-99-015 CUJ -Bike Plan Implem entation 420-99-01 6 ClP -Bikcwa y Enhanmncnts and Branding Study 420-99-017 CIP ·Fiber Net1~rk Extension to Service Center 420-99-018 CIP ·Pedestrian Master Plan 420-99-019 CIP ·Retaining Wall Repair Cardova Rd 420-99-020 CIP • Retaining Wall Repai r Rcgnart Rd 420-99-021 C IP ·New Adm in Building Fcasability GI O<g 570-99-032 CIP ·Sport Cen ter Childtcns Pla y Area 150,000 75,oooj 588,0001 270,0001 20,0001 400,000] 385,ooo! 320,000! 100,000 [ 50,000 1 2,000,000 1 60,000 [ Jso,000 1 120,0001 7 cc 06/06/16 Recreation and Special Programs $64,472 $33 ,204 $97 ,676 General Fund and Community Coord inator Charges for Service Services Public Works Asset Management $80 ,235 $34 ,812 $115 ,047 General Fund for Technician continued implementation of Asset Management Software POSITIONS FUNDED BY THE GENERAL $144,707 $68 ,016 $212 ,723 FUND Information Systems IT Assistant $83 ,4 14 $36 ,929 $120 ,343 Information Te chnology Fund to decrease contract expenses POSITIONS FUNDED BY THE INTERNAL $83,414 $36,929 $120 ,343 Issues and Challenges • Sales Tax Volatility • Health Benefits and ACA • Retirement • Unmet Needs • Ongoing Labor Negotiations 8 cc 06/06/16 Recommendations • Adopt Resolution No. 16-establishing a special project budget for the Planning and Community Development -Current Planning and Public Works Traffic Engineering Programs for costs related to Apple Pass Thru Revenues for Fiscal Year 2016-17 9 cc 06/06/16 Recommendations • Adopt Resolution No. 16-establishing an Operating Budget and Capital Budget for Fiscal Year 2016-17 • Adopt Resolution No. 16-establishing an Appropriation Limit for Fiscal Year 2016-17 10 cc 06/06/16 Accessing the Budget • Online at www.cupertino.org/budget • On the City's transparency portal www.cupertino.org/opengov • Copies available at City Hall and the Cupertino Library 11