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FULL PACKET_2017-05-16
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FULL PACKET_2017-05-16
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5/12/2017 12:06:08 PM
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5/12/2017 8:19:20 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Date
5/16/2017
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4 E <br />Year -End <br />General Fund Operations <br />PROJECTED YEAR -END FY 16-17 <br />Projected Operating Balance: ($2,242,542) <br />Year -End Fiscal Management Strategies <br />1) Continued Department Savings <br />2) Review of encumbrances and continuing projects <br />biFY 17 -18 TRIAL BUDGET <br />BASELINE ELEMENTS <br />► Recognizes full a,_..;.: <br />► Reduction of the Water Transfer ($24M) <br />► Graffiti Abatement Program funding of $1 2M <br />► Includes FY 17 -18 actuarial PERS rates <br />PD Safety - 43.106% <br />Fire Safety -$7.4M (IJALI <br />Miscellaneous - 34.106% <br />► Health insurance rates increase of 9% ($1.3M) <br />FY 17 -18 TRIAL BUDGET <br />BASELINE ELEMENTS <br />► OCFA & Ambulatory Cost Increase ($1 3M) <br />► Allocated $1 OM in matching City Funds for 3" COPS <br />Hiring Grant <br />► Funding for City's share of Animal Shelter construction <br />costs ($750K) <br />► Financing of 800 MHz Final Phase Backbone ($200K) <br />► Continue current attrition value <br />► Maintain current programs and service levels <br />7 <br />9 <br />10 <br />CITY COUNCIL MINUTES 22 MAY 2, 2017 <br />1 OC -22 <br />
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