Item 30 - Fiscal Year 2021-2022 General Fund - First Quarter Budget Update

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Finance and Management Services www.santa-ana.org/finance Item # 30 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report January 18, 2022 TOPIC: Fiscal Year 2021-2022 General Fund - First Quarter Budget Update AGENDA TITLE: Fiscal Year 2021-2022 General Fund - First Quarter Budget Update RECOMMENDED ACTION 1. Receive and file the fiscal year 2021-2022 General Fund - First Quarter Budget Update, including the increased sales tax and property tax estimates (Exhibit 1). 2. Amend the fiscal year 2021-2022 budget to add one position funded by the Water enterprise within the Finance and Management Services Agency (Exhibit 2) and approve a $42,720 Appropriation Adjustment to fund the position for the remainder of FY21-22. (Requires five affirmative votes) 3. Approve one-time General Fund Appropriation Adjustments totaling $26,205,000 described in detail below and in Exhibit 4 for fiscal year 2021-2022. (Requires five affirmative votes) 4. Approve recurring General Fund Appropriation Adjustments totaling $3,216,900 described in detail below and in Exhibit 4 for fiscal year 2021-2022, which includes funding for three positions in the Community Development Agency (Exhibit 2), City Clerk’s Office, and City Attorney’s Office. (Requires five affirmative votes) 5. Adopt a resolution amending the current Fiscal Year 2021-2022 Annual Budget to add one full-time position in the Finance and Management Services Agency and one full- time position in the Community Development Agency (Exhibit 2). EXECUTIVE SUMMARY January 18, 2022 Update to Recommendation On December 21, 2021, the City Council received the First Quarter Budget Update and provided additional direction to staff. The recommended General Fund appropriation adjustments have been updated as follows: December 21 Proposed Appropriations – One-Time $24,655,000