Item 20 - Fiscal 2024-25 Mid-Year Budget Update, Appropriation Requests, and Workforce Changes

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FY24-25 Mid-Year Budget Update, Appropriation Requests, and Workforce Changes March 4,2025 Page 15 4 8 6 7 Police Department (PD) •PD is proposing to reallocate two Systems Administrator positions to a Senior Systems Administrator to better align with functions and duties performed by the current incumbents beyond the job classification. These two reallocations will also help with talent retention and career ladder opportunities. Public Works Agency (PWA) In response to ongoing and future development, including major projects such as Related Bristol and The Village, PWA is requesting additional staff for the Engineering Resources Division to respond to the development needs of the community. •PWA proposes adding an Assistant Engineer to perform plan check services due to the increased development in the city. The addition of an Assistant Engineer will result in a reduction of contract personnel and on-call plan check services. Budget from contractual savings in the Public Works Admin and Planning Fund will be reallocated to fund this position, resulting in a net zero fiscal impact. •PWA is also requesting an additional Senior Office Assistant for the Engineering Resource Division to issue residential parking permits. The addition of one full-time Senior Office Assistant will replace the need for three part-time clerical aides. Budget from part-time salary savings in the Traffic Engineering General Fund Budget will be used to fund this position, resulting in a net zero fiscal impact. Contribution to Section 115 Trust for Pension Stabilization from Payroll and Retirement Funds In line with the City Council-approved Unfunded Employee Pension Liability Cost Reduction Policy, staff recommends a one-time $1 million contribution from the Payroll and Retirement funds. This additional deposit is part of the overall Section 115 Trust strategy outlined in the Unfunded Employee Pension Liability Cost Reduction Policy adopted by City Council in 2021, which helps mitigate fluctuations in future contributions caused by differences in actual plan performance and changes to actuarial assumptions made by CalPERS. This contribution also helps prepare for future revenue challenges, including the scheduled decrease in the Local Sales Tax (Measure X) rate from 1.5% to 1.0% on April 1, 2029, by proactively strengthening the Section 115 Trust. This forward-looking approach ensures stable pension cost management and enhances the City’s long-term financial sustainability. Previously, in December 17, 2024, Council approved a $2 million deposit as part of the General Fund Results Staff Report. With this additional $1 million deposit and the original budgeted deposit, the total deposits approved during this year now amount to $14.95 million for both the General and Non-General Funds.