Laserfiche WebLink
Fiscal Year 2020-21 Mid-Year Budget Update and Appropriation Adjustments <br />February 16, 2021 <br />Page 8 <br />4 <br />3 <br />9 <br />Staff missed the opportunity to carry over $7 million of unspent water project budgets <br />from FY19-20 to FY20-21. Recommended adjustments with this report will appropriate <br />the unspent budget from the prior period. The Water Enterprise fund transfers the <br />unspent funding to a Water Capital Project fund for expenditure. <br />The FY20-21 budget included a $1.1 million General Fund subsidy for the Santa Ana <br />Regional Transportation Center (SARTC), as revenue is insufficient to maintain <br />operations. Even with the subsidy, it appears the SARTC fund balance may be <br />negative $2.2 million by the end of the current fiscal year. Staff does not request an <br />adjustment at this time, pending final numbers for the current year; but a long-term <br />solution is necessary and the proposed FY21-22 budget will likely contain another <br />request for a subsidy. <br />Internal Charges and Indirect Costs: The City annually updates internal charges and <br />indirect cost allocations. Internal charges to departments pay for centralized programs <br />such as Building Maintenance, Fleet, Information Technology, and Benefits <br />Administration. Due to increased costs of service, staff expects to propose an increase <br />to the internal charges with the proposed FY21-22 budget. <br />VACANCY REPORT <br />Exhibit 1 includes the staff vacancy report is as of December 31, 2020. It reflects all <br />staffing changes authorized to date, such as the transfer of animal services staff from <br />the Police Department to the Planning and Building Agency. <br /> <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />The summary of General Fund fiscal impact appears at the beginning of this report, and <br />staff has listed all recommended adjustments in Exhibit 2. <br /> <br />EXHIBIT(S) <br />1. PowerPoint Summary of Fiscal Year 2020-2021 Mid-Year Report <br />2. List of Recommended Adjustments <br />Submitted By: <br />Kathryn Downs, CPA, Executive Director – Finance and Management Services Agency <br />Approved By: Kristine Ridge, City Manager