Laserfiche WebLink
Proposed Fiscal Year 2023-24 City Budget, Changes to the City’s basic classification and <br />compensation plan, Uniform Schedule of Miscellaneous Fees, and the Seven-Year <br />Capital Improvement Program. <br />June 6, 2023 <br />Page 9 <br />3 <br />5 <br />0 <br />3 <br />Pension Stabilization Trust <br />Staff will deposit $18,944,407 ($16,285,920 General Fund and $2,658,487 Non- <br />General Fund) of pension cost-savings into the City’s Section 115 Pension Trust in <br />FY23-24. The Trust will be available to help fund future increases in pension debt <br />payments. <br /> <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />The Fund Balance Summary includes the estimated fiscal impact for each fund and is <br />located in the Detail Proposed Budget document (Exhibit 2). <br />All exhibits are on the City’s website at: https://www.santa-ana.org/fy-23-24-budget- <br />documents/ <br />EXHIBIT(S) <br />1. Ordinance No. NS-XXXX to adopt the FY23-24 budget <br />2. Detailed Proposed Budget <br />3. Classification and Compensation Plan Resolution <br />4. Miscellaneous Fee Resolution <br />5. Proposed FY2023-24 Miscellaneous Fee Schedule <br />6. Proposed Capital Improvement Program (CIP) including Seven-Year CIP <br />Submitted By: Kathryn Downs, FMSA Executive Director <br />Approved By: Kristine Ridge, City Manager