CC 06-07-2022 Item No. 38. Fiscal Year 2022-23 Final Budget Adoption_Staff PresentationJune 7, 2022
Fiscal Year 2022-23
Final Budget Adoption
CC 06-07-2022 Item No. 38
Proposed Budget
Changes
Next Steps
Agenda
2
Proposed Budget Changes
3
City Work Program
March 8,
April 5,
April 21,
2022
CIP Study Session
May 3, 2022
City Work Program
May 17,
2022
CIP Study Session
May 17,
2022
Proposed Budget Study Session
May 17,
2022
Proposed Budget Study Session
May 19,
2022
Community Funding Study Session
June 7,
2022
Timeline
Final Budget and Capital Improvement Plan
Hearing and Adoption
June 7, 2022
5
Proposed Budget Changes
Fund
Proposed
Expenditures
as of May 1,
2022
City Work
Program
Capital
Improvement
Program
Operating
Changes
Proposed
Expenditures
as of June 7,
2022
General Fund 92,962,965 736,5001 -390,353 94,089,818
Special Revenue Funds 11,219,109 25,000 --11,244,109
Debt Service Funds 2,675,800 ---2,675,800
Capital Projects Funds 175,000 -12,243,6002 -12,418,600
Enterprise Funds 8,979,731 -373,600 -9,353,331
Internal Service Funds 9,449,252 82,500 -(669,046)8,862,706
Total All Funds $125,461,857 $844,000 $12,617,200 $(278,693)$138,644,364
1 Includes transfers out of $107,500 from the General Fund
2 Includes transfers out of $4,308,600 from the Capital Reserve
6
7
Description Revenue Expense Fund Balance
GENERAL FUND
Addition of Assistant City Manager Position -386,988 (386,988)
Addition of Legislative Aide (Management Analyst) Position -183,365 (183,365)
Removal of Economic Development Fuse Fellow -(180,000)180,000
TOTAL GENERAL FUND -390,353 (390,353)
SPECIAL REVENUE FUNDS
Increase SB 1 (Gas Tax) Revenue Estimate 348,427 -348,427
TOTAL SPECIAL REVENUE FUNDS 348,427 -348,427
INTERNAL SERVICE FUNDS
Removal of Fixed Assets Requests (Vehicle and Equipment
Replacement)-(669,046)669,046
TOTAL INTERNAL SERVICE FUNDS -(669,046)669,046
TOTAL ALL FUNDS $348,427 $(278,693)$627,120
Items for Final Budget Hearing –Operating Changes
Project Revenue Expense Fund Balance
CAPITAL PROJECTS FUNDS
Blackberry Farms Pools Splash Pad -500,000 (500,000)
City Hall Renovation/ Replacement and Library Parking Garage: Design and Construction -4,000,000 (4,000,000)
City Lighting LED improvements -1,300,000 (1,300,000)
De Anza Blvd Buffered Bike Lanes -525,000 (525,000)
Jollyman All-Inclusive Play Area: Adult-Assistive Bathroom Facility -850,000 (850,000)
Stocklmeir, Bryne and Blesch: Inspection Reports and Analysis -90,000 (90,000)
ADA Improvements (Category 2 –Multi-Year Funding)-95,000 (95,000)
Annual Playground Replacement (Category 2 –Multi-Year Funding)-300,000 (300,000)
Park Amenity Improvements (Category 2 –Multi-Year Funding)-200,000 (200,000)
Street Light Installation –Annual Infill (Category 2 –Multi-Year Funding)-75,000 (75,000)
Transfer to Capital Projects Funds and Enterprise Funds 3,935,000 4,308,600 (373,600)
TOTAL CAPITAL PROJECTS FUNDS 3,935,000 12,243,600 (8,308,600)
ENTERPRISE FUNDS
Blackberry Farm Golf Renovation / Alternative Use Study -23,600 (23,600)
Major Recreation Facilities: Use and Market Analysis -350,000 (350,000)
Transfer in from Capital Projects Funds 373,600 --
TOTAL ENTERPRISE FUNDS 373,600 373,600 -
TOTAL ALL FUNDS $4,308,600 $12,617,200 $(8,308,600)
Items for Final Budget Hearing –Capital Improvement Program
8
Project Revenue Expense Fund Balance
CAPITAL PROJECTS FUNDS
Blackberry Farms Pools Splash Pad -500,000 (500,000)
City Hall Renovation/ Replacement and Library Parking Garage: Design and Construction -4,000,000 (4,000,000)
City Lighting LED improvements -1,300,000 (1,300,000)
De Anza Blvd Buffered Bike Lanes -525,000 (525,000)
Jollyman All-Inclusive Play Area: Adult-Assistive Bathroom Facility -850,000 (850,000)
Stocklmeir, Bryne and Blesch: Inspection Reports and Analysis -90,000 (90,000)
ADA Improvements (Category 2 –Multi-Year Funding)-95,000 (95,000)
Annual Playground Replacement (Category 2 –Multi-Year Funding)-300,000 (300,000)
Park Amenity Improvements (Category 2 –Multi-Year Funding)-200,000 (200,000)
Street Light Installation –Annual Infill (Category 2 –Multi-Year Funding)-75,000 (75,000)
Transfer to Enterprise Funds -23,600 (23,600)
TOTAL CAPITAL PROJECTS FUNDS -3,458,600 (3,458,600)
ENTERPRISE FUNDS
Blackberry Farm Golf Renovation / Alternative Use Study -23,600 (23,600)
Major Recreation Facilities: Use and Market Analysis -350,000 (350,000)
Transfer in from Capital Projects Funds 23,600 -23,600
TOTAL ENTERPRISE FUNDS 23,600 23,600 -
TOTAL ALL FUNDS $23,600 $3,482,200 $(3,458,600)
Items for Final Budget Hearing –Capital Improvement Program (Updated Recommendation)
9
10
Project Revenue Expense Fund Balance
GENERAL FUND
CWP -Analyze Potential Revenue Measures -50,000 (50,000)
CWP -Artwork at the Library/Exhibits/Poetry and Art Day -10,000 (10,000)
CWP -Bicycle Facilities -50,000 (50,000)
CWP -Community Engagement on Alternative Transportation and Parking -12,000 (12,000)
CWP -Cupertino Store Implementation -145,000 (145,000)
CWP -Electrification Study -50,000 (50,000)
CWP -Homeless Jobs Program -200,000 (200,000)
CWP -Integrated Plan for Community Engagement -30,000 (30,000)
CWP -Intergenerational Engagement -20,000 (20,000)
CWP -Safe Gun Storage Ordinance -12,000 (12,000)
CWP -Senior Strategy -35,000 (35,000)
CWP -Student Internship Program -15,000 (15,000)
Transfer to Special Revenue and Internal Service Funds -107,500 (107,500)
CWP -Lawson Middle School Bikeway (included in printed Proposed Budget)---
CWP -Vision Zero (included in printed Proposed Budget)---
CWP -Visitor Center (on hold until additional staff resources are allocated)---
CWP -Youth Who Work (on hold until additional staff resources are allocated)---
TOTAL GENERAL FUND -736,500 (736,500)
Items for Final Budget Hearing –City Work Program
11
Project Revenue Expense Fund Balance
SPECIAL REVENUE FUNDS
CWP -Housing Programs for De Anza College Students -25,000 (25,000)
Transfer in from General Fund 25,000 -25,000
TOTAL SPECIAL REVENUE FUNDS 25,000 25,000 -
CAPITAL PROJECTS FUNDS
CWP -Study Session on City-Owned Properties (included in CIP Budget)---
TOTAL CAPITAL PROJECTS FUNDS ---
ENTERPRISE FUNDS
CWP -Blackberry Farm Golf Course Needs Assessment (included in CIP Budget)---
TOTAL ENTERPRISE FUNDS ---
INTERNAL SERVICE FUNDS
CWP -Cybersecurity Public Education -7,500 (7,500)
CWP -Hybrid Meeting for City Council and Commission Meetings -15,000 (15,000)
CWP -License Plate Readers -60,000 (60,000)
Transfer in from General Fund 82,500 -82,500
TOTAL INTERNAL SERVICE FUNDS 82,500 82,500 -
TOTAL ALL FUNDS $107,500 $844,000 $(736,500)
Items for Final Budget Hearing –City Work Program (Continued)
Next Steps
12
•FY 2022-23
•Adopted Budget Published July/Aug 2022
•First Quarter Report Nov 2022
Next Steps
13
Questions?