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Item 20 - Fiscal 2024-25 Mid-Year Budget Update, Appropriation Requests, and Workforce Changes
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Item 20 - Fiscal 2024-25 Mid-Year Budget Update, Appropriation Requests, and Workforce Changes
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2/26/2025 11:29:35 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
20
Date
3/4/2025
Destruction Year
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FY24-25 Mid-Year General Fund Requests EXHIBIT 1 <br />Dept Request <br />Type <br />Account <br />Type Fund Type Fund Accounting <br />Unit Account Description FY24-25 <br />Amount <br />Miscellaneous <br />Revenue One-Time Revenue GF 011 01106019 68000-012 <br />Reduction in General Fund Two-Thirds Transfer to <br />Cannabis Public Benefit Fund due to lower-than- <br />expected Cannabis Tax collections <br /> (1,594,340) <br />Miscellaneous <br />Revenue One-Time Revenue GF 011 01102002 59000-078 <br />Additional deposit to the Section 115 Trust (Pension <br />Stabilization) from remaining balance in Payroll & <br />Retirement Funds <br /> 310,000 <br />Miscellaneous <br />Revenue One-Time Revenue GF 011 01102002 59000-083 <br />Additional deposit to the Section 115 Trust (Pension <br />Stabilization) from remaining balance in Payroll & <br />Retirement Funds <br /> 690,000 <br />PWA One-Time Expense GF 011 01117660 66220 Reduction in Alley Improvement Program due to lower <br />sales tax revenue estimates (1,400,000) <br />Fire & Emergency <br />Medical Services One-Time Revenue GF 011 01115330 62300 <br />Reduction in Orange County Fire Authority (OCFA) <br />contract due to lower FY24-25 annual contractual rate <br />increases <br /> (212,840) <br />PRCSA One-Time Expense GF 011 01113230 62300 <br />Appropriation for the Santiago Gym flooring and <br />Children's Zoo programming, which were initially <br />included in the Cannabis Public Benefit Fund <br /> 200,000 <br />PWA One-Time Expense GF 011 01117017 62300 <br />Appropriation for QOLT Homeless Services cleaning <br />contract to sustain current service levels through the <br />end of FY24-25 <br /> 63,500 <br />PWA Recurring Expense GF 011 01117630 62000 <br />Appropriation for streetlight utility expenses due to <br />rising energy rates and installation of over 300 new <br />streetlights <br /> 400,000 <br />2 of 9
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