HomeMy WebLinkAboutPOWERPOINT - 75A_FISCAL YEAR 2018-19 PROPOSED BUDGETCITY OF S
FISCAL YEAR 18-19
PROPOSED BUDGET
JUNE 19, 2018
• Proposed Budget Adjustments
• FY 1819 Proposed Citywide Budget
• FY 1819 Proposed General Fund Budget
• Next steps
FY 18-19
PROPOSED
BUDGET ADJUSTMENTS
Removal of fund 92 ($706K) and fund 98 ($1.01VI) deposits (previously reflected in the June 51h budget
presentation)
Includes OCFXs Service Charge Adjustment of $1.31VI in one-time + $500K ongoing. Funding to
be allocated as follows:
• Replaces fund 98 deposits and provides funding for one-time costs such as General Plan,
Elections & Payroll Matrix ($1M)
• $270K to restore youth related programming and Library to remain open on Sundays
• $104K additional funding for Quality of Life Team
• $80K additional funding for Legal Defense Fund
• $300K additional funding for maintenance, landscaping and restrooms at City parks
Incorporates an additional $5.21VI in potential revenue from Cannabis Commercial Uses
• $2.61M for Youth Programs (Reserve for Appropriation)
• $2.61VI for Enforcement (Reserve for Appropriation)
• Upon realization of the additional revenue, a spending plan will be presented for future City Council consideration
0
FY 18-19
PROPOSED TOTAL
CITYWIDE BUDGET
$560
N
c
0
$549.2M
$sso
$539.OM
$540
$530
$520
$510
$500
Option A
Option B
0
FY 18-19 PROPOSED
GENERAL FUND BUDGET
270
N
$264.6M
260
$254.4M
250
240
230
220
Option A
Option B
H
Scenario: Across the Board Cuts — 5.42%
Police Department
PRCSA
Planning & Building Agency
Finance & Management Servcies Agency
Public Works Agency
Community Dev. Agency
Civic Center/Capital Outlay
City Managers Office
City Attorney's Office
Human Resources
Bowers Museum
Clerk of the Council
Reduction applied to adjusted base budget
Amount
-7,135,569
-1,115,855
-625,453
-320,749
-355,411
-53,082
-33,150
-140,370
-187,928
-95,683
-79,946
-56,804
-101200,000
RI
NEXT STEPS
• July 3 - 2"d Reading of the Budget/CIP