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65B - MID-YEAR BUDGET UPDATE
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65B - MID-YEAR BUDGET UPDATE
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Last modified
2/28/2019 7:33:16 AM
Creation date
2/28/2019 7:26:07 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
65B
Date
3/5/2019
Destruction Year
2024
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Fiscal Year 2018-19 Mid -Year Budget Update <br />February 5, 2019 <br />Page 8 <br />Police Department <br />Adjustment of $0.02 million is requested to fund the addition of one (1) position and the <br />reallocation of one (1) jail management position. The ongoing annual fiscal impact of these <br />positions is $0.16 million. A resolution will be presented at the February 19, 2019 City Council <br />meeting to reflect the additions of these positions. <br />Human Resources Office <br />Adjustment for $0.1 million is requested to fund the addition of three (3) analytical and <br />administrative personnel and for consulting service related to Executive Recruitments. The <br />ongoing annual General Fund fiscal impact of adding these 3 positions is $0.4 million. A <br />resolution will be presented at the February 19, 2019 City Council meeting to reflect the additions <br />of these positions. <br />FISCAL YEAR 2017-2018 Vacancy Status (Exhibit 7) <br />The City has 214 citywide vacancies across all funds with 134 vacancies in the general fund. Of <br />these 134 vacancies, only 77 were funded in the FYI 8-19 budget. The City Council will have the <br />opportunity to re -visit staffing levels during the fiscal year 2019-20 budget process. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item allows the City to meet Goal #4 - City Financial Stability, Objective #1, <br />(Maintain a stable, efficient and transparent financial environment). <br />FISCAL IMPACT <br />The fiscal Impact of the recommended changes outlined in this Midyear report Is an improvement <br />of $9.6 million to the General Fund budget, including the new Measure X revenue estimate of <br />$15 million. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />4 <br />Kathryn Down , CPA <br />Executive Director -a' <br />Finance and Management Services Agency <br />Exhibits: 1. Appropriation Adjustment (Fiscal Impact) <br />2. Revised Revenue Projections — FY 2018-19 <br />3. Revised Appropriated Expenditures — FY 2018-19 <br />4. Additional Requests (Mid -Year) — FY 2018-19 <br />5. Beginning Fund Balance <br />6. Fiscal Year 2018-19 Mid -Year Budget Update <br />7. Vacancy Report <br />65B-10 <br />
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