Laserfiche WebLink
Metadata
Document management portal powered by Laserfiche WebLink 9 © 1998-2015 Laserfiche. All rights reserved.
Finance and Management Services <br />www.santa-ana.org/finance <br />Item # 38 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />December 21, 2021 <br />TOPIC: Fiscal Year 2021-2022 General Fund - First Quarter Budget Update <br />AGENDA TITLE: <br />Fiscal Year 2021-2022 General Fund - First Quarter Budget Update <br />RECOMMENDED ACTION <br />1. Receive and file the fiscal year 2021-2022 General Fund - First Quarter Budget <br />Update, including the increased sales tax and property tax estimates (Exhibit <br />1). <br />2. Amend the fiscal year 2021-2022 budget to add one position funded by the <br />Water enterprise within the Finance and Management Services Agency <br />(Exhibit 2) and approve a $42,720 Appropriation Adjustment to fund the <br />position for the remainder of FY21-22. (Requires five affirmative votes) <br />3. Approve one-time General Fund Appropriation Adjustments totaling <br />$24,655,000 described in detail below for fiscal year 2021-2022. (Requires five <br />affirmative votes) <br />4. Approve recurring General Fund Appropriation Adjustments totaling <br />$3,066,900 described in detail below for fiscal year 2021-2022, which includes <br />amending the FY21-22 budget to add one position to the Community <br />Development Agency (Exhibit 2) and funding for two positions in the City <br />Clerk’s Office and the City Attorney’s Office. (Requires five affirmative votes) <br />5. Adopt a resolution amending the current Fiscal Year 2021-2022 Annual Budget <br />to add one Full Time Position in the Finance and Management Services Agency <br />and one Full Time Position in the Community Development Agency. <br />EXECUTIVE SUMMARY <br />The first quarter budget update normally covers July through September. At the end of <br />September, staff received actual sales tax data through June 2021 and had reason to <br />believe FY21-22 sales tax revenue would be significantly more than the budget estimate.