75A-1 - PH - 18-19 BUDGET - Laserfiche WebLink

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Public Hearing — Fiscal Year 2018-19 City Budget June 19, 2018 Page 4 The above -referenced adjustments are included within the proposed Fiscal Year 2018-19 Proposed Budget CITY COUNCIL CONSIDERATION FOR PROPOSED BUDGET BALANCING OPTIONS Staff provides options A and B for City Council consideration for the balancing of Fiscal Year 2018- 19 Proposed Budget. Option A (City Manager Recommendation) Provides for General Budget of $264,561,084 that includes use of One -Time funding up to $10.2 million to current program and service levels. Option e This Option eliminates the use of One -Time funding up to $10.2 million. The removal of the use of One -Time funding will require the City to make cuts in the amount of $10.2 million. Exhibit 1 depicts a scenario with a 5.42% reduction across all General Fund Departments resulting in a $10.2 million cost savings. Implementation of these Departmental reductions will include a combination of service and program impacts, along with the de -funding of positions (Exhibit 1). FISCAL POLICY Per the adopted Budget & Financial Policies (Policy), the "Utilization of one-time monies is allowable upon two-thirds approval by the City Council to be utilized in the event a structural budget deficit exists." If Option A is approved, the Policy states use of one-time funds is allowable for two consecutive years. This will be the second and final year since for Fiscal Year 2017-18, the City Council approved the use of $9.3 million in one-time monies. If Option B is approved, the funding will remain unallocated during Fiscal Year 2018-19, services levels may be impacted. TIMELY ADOPTION OF THE BUDGET City Budgets are typically adopted by the end of June for use beginning July 1St. However, City Charter (Charter) allows for adoption of the City Budget for the upcoming Fiscal Year by the 31 st of July. If the budget is not adopted by the 30th of June, the City Charter (Section 607), restricts monthly expenditures to the amounts of expenditures in the preceding June. WORKFORCE CHANGES Upon selection of Option A noted above, the proposed workforce changes for Fiscal Year 2018-19, there is a net total of five new full-time positions, as well as the reallocation of eighteen positions. In addition, the proposed resolution amends prior resolutions by adding and changing a number of classification titles to reflect the proposed workforce changes (Exhibit 3). For Fiscal Year 2018-19, the total full-time authorized position count will increase to 1,172 which includes 57 unfunded positions. Upon selection of Option B, any proposed changes (deletion/un-funding/augmentation) of positions will be incorporated into the City's Budget at a subsequent public hearing on the City budget. 75A-1-4