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HomeMy WebLinkAboutItem 38 - Fiscal Year 2021-2022 General Fund - First Quarter Budget Update Finance and Management Services www.santa-ana.org/finance Item # 38 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report December 21, 2021 TOPIC: Fiscal Year 2021-2022 General Fund - First Quarter Budget Update AGENDA TITLE: Fiscal Year 2021-2022 General Fund - First Quarter Budget Update RECOMMENDED ACTION 1. Receive and file the fiscal year 2021-2022 General Fund - First Quarter Budget Update, including the increased sales tax and property tax estimates (Exhibit 1). 2. Amend the fiscal year 2021-2022 budget to add one position funded by the Water enterprise within the Finance and Management Services Agency (Exhibit 2) and approve a $42,720 Appropriation Adjustment to fund the position for the remainder of FY21-22. (Requires five affirmative votes) 3. Approve one-time General Fund Appropriation Adjustments totaling $24,655,000 described in detail below for fiscal year 2021-2022. (Requires five affirmative votes) 4. Approve recurring General Fund Appropriation Adjustments totaling $3,066,900 described in detail below for fiscal year 2021-2022, which includes amending the FY21-22 budget to add one position to the Community Development Agency (Exhibit 2) and funding for two positions in the City Clerk’s Office and the City Attorney’s Office. (Requires five affirmative votes) 5. Adopt a resolution amending the current Fiscal Year 2021-2022 Annual Budget to add one Full Time Position in the Finance and Management Services Agency and one Full Time Position in the Community Development Agency. EXECUTIVE SUMMARY The first quarter budget update normally covers July through September. At the end of September, staff received actual sales tax data through June 2021 and had reason to believe FY21-22 sales tax revenue would be significantly more than the budget estimate. Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update December 21, 2021 Page 2 2 3 6 1 In October, with the closing of the FY20-21 books, it became apparent the General Fund experienced significant positive variances, yet the audit was not yet complete. Therefore, staff postponed the first quarter budget report until more data was available to provide complete information to the City Council. The June 30, 2021 General Fund balance was $109.4 million, which is $42.3 million in excess of the 18% Reserve policy. The $42.3 million is a one-time resource derived from $19.5 million additional sales tax revenue during FY20-21 (discussed further below) and controlled spending across all departments through the pandemic. This one-time resource is a unique opportunity to address issues underfunded in previous years. As reported previously, there are significant budget challenges related to the train station enterprise, the health of internal service funds, and deferred maintenance of City facilities. The following recommended spending plan would address many of those challenges and leave $16.4 million of one-time funding for other priorities identified by City Council. 1. Maintain the 18% General Fund Reserve with $1.3 million of the additional estimated sales tax revenue. 2. Appropriate the following amounts totaling $24.7 million. Contribution to the train station enterprise to cure the June 30, 2021 negative fund balance of $1,807,208 plus further depletion of the fund with the FY21-22 budget. $1,900,000 Contribution to the risk management funds to provide for the FY21- 22 insurance rates reported to City Council on June 15, 2021. $1,500,000 Contribution to the internal service fund accounting for employee benefits to cure the June 30, 2021 negative fund balance of $1,227,916 plus the further depletion of the fund with the FY21-22 budget. $3,400,000 Contribution to the internal service fund accounting for building maintenance due to aging facilities and increased demand for upkeep. $2,500,000 Contribution to the internal service fund accounting for fleet maintenance to avoid the estimated negative fund balance at June 30, 2022, as shown on page B-21 of the budget document. $1,500,000 Rehab and repurpose the Cypress Fire Station. Based on further City Council direction, staff can propose a specific project later this fiscal year. $1,000,000 Ross Annex improvements to replace an industrial sized air conditioning unit, second-floor aged carpets and workstations, and reorganize workspace locations to improve efficiency and collaboration. The proposed appropriation will optimize efficiency $1,450,000 Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update December 21, 2021 Page 3 2 3 6 1 and economies of scale with inter-related City Hall improvement projects already in the City’s budget. Deferred maintenance of the train station, including exterior stucco, painting inside and out, wall tile and coping, fountain repair, parking lot resurfacing, air conditioning upgrades, restroom remodels, and other plumbing repairs. $5,405,000 An economic development project in the South Main Corridor to provide restaurant incubation and Public Art for the South Main Corridor revitalization. $3,000,000 Deferred park maintenance projects.$1,500,000 Remove underground storage tanks at City-owned fire stations 71, 74 and 75. $1,050,000 Purchase a mini-sweeper for protected bike lanes.$150,000 Memorial to Lives Lost to COVID-19.$200,000 Eliminate shared City Council offices.$100,000 Total Proposed Appropriations – One-Time $24,655,000 To protect service levels, the FY21-22 budget included a $12.6 million use of the General Fund balance available for spending (a one-time resource). New information related to sales tax and property tax supports increasing FY21-22 revenue estimates by $16.6 million, resulting in $4 million of FY21-22 revenue available to appropriate ongoing costs. With the increase to the revenue estimate, the City no longer has a deficit budget for FY21-22. The following spending plan would address issues raised by the City Council and partially restore frozen employee positions to improve service levels to the public, while maintaining a balanced budget. Recurring Remainder of FY21-22 Future Annual Cost Sidewalk improvement program $500,000 $1,000,000 Traffic calming program $500,000 $1,000,000 Alley improvement program $750,000 $1,500,000 Graffiti removal program enhancements for the areas adjacent to public pathways in the railroad corridors $300,000 $600,000 Protected Bike Lane sweeping program $75,000 $150,000 Contracted administrative support for City Council (annual allocation of $60,000 per Council Member) $210,000 $420,000 Juneteenth Celebration 2022 (full cost necessary for FY21-22) $50,000 $50,000 Increase the City Events budget $50,000 $100,000 Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update December 21, 2021 Page 4 2 3 6 1 Partially restore funding for frozen employee positions. The estimated value of the FY21-22 hiring freeze is $2,911,300. $400,000 $800,000 Funding for one full-time Economic Development Specialist I position to the Community Development Agency $57,840 $115,680 Funding for one full-time Records Manager position to the City Clerk’s Office $79,980 $159,960 Funding for one full-time Employment Staff Attorney position to the City Attorney’s Office $94,080 $188,160 Total Proposed Appropriations – Recurring $3,066,900 $6,083,800 DISCUSSION The First Quarter Update covers activity posted to the general ledger during July 2021 through September 2021 and the vacancy report for funded staff positions. First quarter revenue represents less than three months of receipts in many cases due to the lag time for remittance. Examples include Sales Tax, Hotel Visitors’ Tax, and Cannabis Tax. Therefore, when analyzing the revenue as of September 30, 2021, it is normal to see 10%-15% revenue received to date. Whereas expenditures have much higher activity in the first quarter due to annual payments for insurance, the one-month advance for fire services, and the fact that 59% of the budget is for employee compensation paid twice per month. This update focuses on the General Fund, as it is the primary operating fund of the City. Only notable items for other funds are included in this report. General Fund Revenue During the first quarter FY21-22, the City received approximately $36.8 million in General Fund revenues, which is 10.8% of the annual estimate. Lookback to FY20-21 Sales Tax (Bradley-Burns and Measure X): Actual FY20-21 sales tax exceeded the estimates reported in February 2021 by a total of $19.5 million. FY20-21 Estimate FY20-21 Actual Positive Variance Bradley-Burns $49,198,300 $54,999,505 $5,801,205 Measure X 61,432,700 75,094,336 13,661,636 Total $110,631,000 $130,093,841 $19,462,841 The City’s sales tax consultant receives detailed data from the state, analyzes it, and provides estimates of future revenue. The pandemic and the Wayfair decision for out-of- state online vendors to collect California sales tax created an unprecedented environment, and the consultant understandably provided conservative estimates. Santa Ana is not alone, as many California cities experienced favorable sales tax results, including the state of California. Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update December 21, 2021 Page 5 2 3 6 1 FY21-22 Sales Tax (Bradley-Burns and Measure X): Moving forward, the sales tax consultant increased the FY21-22 revenue estimates as follows. FY21-22 Original FY21-22 Revised Increase Bradley-Burns $53,650,000 $57,600,000 $3,950,000 Measure X 65,000,000 77,250,000 12,250,000 Total $118,650,000 $134,850,000 $16,200,000 A quarterly report on Sales Tax and Business Activity is provided in Exhibit 3. $12.6 $29.5 $28.4 $29.6 $26.1 $25.5 $31.3 $32.1 $30.2 $34.1 $32.6 Bradley-Burns Measure X TrendlineQuarterly Sales Tax Revenue (in Millions) Property Tax, Property Tax in lieu of VLF & Santa Ana Residual Property Tax: Total Property Tax collected for the first quarter is $0.7 million. Approximately two-thirds of Property Tax is collected during the months of December and April. Furthermore, the first payment (50%) of Property Tax in lieu of VLF is received in January and the second payment in May. Based on assessed value information available from the county after adoption of the City’s budget, the City’s property tax consultant has provided an updated revenue estimate that is $380,000 more than the estimate included in the budget. Hotel Visitors’ Tax (HVT): HVT collected for the first quarter is approximately $1.5 million, which is nearly double the amount of the prior year’s first quarter results of $0.8 million, but still $0.6 million below pre-pandemic levels in the same quarter of FY 19-20. The global pandemic has continued to affect hotels’ ability to accommodate guest services such as banquets, conferences and other meeting events; however, there are signs for recovery. Staff expects HVT will increase after the pandemic; and after new Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update December 21, 2021 Page 6 2 3 6 1 hotels continue through the development process and open for business, such as the Tapestry by Hilton. Staff will continue to monitor activity over the first six months and may adjust to increase revenue estimates with the Mid-Year Budget Report as needed. Business License Tax (BLT): The BLT revenue of $1.4 million collected in the first quarter exceeded last year’s revenues of $1.0 million. The revenue is on track to meet the $12.2 million annual estimate. With the hiring of additional staff, our revenue division has been able to proactively improve collections, including making payment arrangements with small businesses suffering during the pandemic. Peak business license periods occur during the third and fourth quarters of the fiscal year, when approximately 80% of annual BLT is collected. Utility Users Tax (UUT): The UUT is a 5.5% tax on the following utilities: electric, gas, water, and telecommunications. UUT collected for the first quarter is nearly $4.4 million, which exceeded last year’s revenues of $4.0 million. Currently, the electric, gas and water utilities are trending above last year’s first quarter results. However, the telecommunications utility users’ tax has been showing a continual downward trend for the past few years and is nearly $0.1 million less than the prior year. This appears to be primarily due to service providers readjusting their apportionment of sales from taxable to nontaxable services. Permits and Plan Check: Current permit and plan check revenues collected total $3.8 million. Plan check revenues in the first quarter surpassed annual estimates by nearly $0.1 million or 3.4%, while permit revenues of $1.1 million are nearly doubled the amount of last year’s first quarter results of $0.6 million. The uptick in planning and building activity is due to a one-time spike in plan check activity. Staff will continue to monitor development activity and related revenues and may revise revenue estimates with the Mid-Year Budget Report. General Fund Expenditures for FY 2021-2022 Overall, General Fund expenditures are at 22.6% of budget. Each department is within the expected range of spending for the first quarter. It should be noted the first quarter activity includes four monthly payments for fire services, as the City pays one month in advance. OTHER CITY FUNDS Cannabis Public Benefit Fund The Cannabis Public Benefit Fund provides dedicated funding for youth programs implemented through the Parks, Recreation and Community Service Agency and the Library. Examples of programs implemented during the first quarter include: The Book/Tech Mobile program engages the community where they are by placing an emphasis on technology, robotics and STEM learning. Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update December 21, 2021 Page 7 2 3 6 1 Wireless hotspots have been expanded to allow for filtered safe internet services for the City's youth community. Year-round aquatics program at Memorial Pool and seasonal aquatic programs for youth to promote water safety and stay physically active. The Youth Internship program, in partnership with the Santa Ana Youth (SAY) Employment Program, provides a paid work experience to introduce youth into the workforce and is a year around program. The City Council recently received a report of FY20-21 actual expenditures in the Cannabis Public Benefit Fund, as recommended by the Orange County Grand Jury. Parking Enterprise The Parking Enterprise fund was impacted by COVID-19, but as outdoor dining continues to be an option in the downtown area and events are planned during the year, we expect to see a slight improvement in parking revenue. However, staff may recommend a subsidy with the FY21-22 Mid-Year Budget Report to fund ongoing parking operations. Internal Service Funds Internal Service Funds are used to centralize the budget and accounting for services provided to other City departments. Examples include General Liability claims and coverage, Employee Benefits, Building Maintenance, and Fleet Maintenance. The City utilizes a consultant to review, validate, and develop internal charges to City departments. The FY21-22 budget included increased charges for some of these funds; but other charges have remained static while labor, supply and contract costs continue to increase. As such, some of the Internal Service Funds are still troubled and in need of increased contributions to sustain service levels. General Liability Fund The City’s Budget and Reserve Policy includes a target reserve equal to 80% of the actuarial-determined loss liability. The General Liability Fund is short of this target over the next two years by $6.4 million. Staff will work towards developing a long-term plan to achieve target reserve levels. Workers Compensation Liability Fund The Workers Compensation Liability Fund is also short of the target reserve level over the next two years by $12.9 million. Staff will work towards developing a long-term plan to achieve target reserve levels. Employee Benefits Fund The pass-through charges accounted for in the Employee Benefits Fund have remained level for many years, even though the City’s costs for employee benefits have steadily increased. The fund has been operating at a loss, depleting the previously accumulated fund balance. The actual fund balance at June 30, 2021 was negative $1,227,916. The FY21-22 budget would deplete the fund balance by another $2.2 million, as shown on page B-21 of the budget document. Recently, staff and the City’s consultant worked Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update December 21, 2021 Page 8 2 3 6 1 through an updated cost allocation and internal charge methodology to be included in the proposed FY22-23 budget. In the meantime, the fund needs a cash infusion to avoid a negative fund balance at June 30, 2022. Building Maintenance Fund The City’s buildings are aged and there has been an increased demand for repairs across all city facilities including fire stations and the City Hall complex. Over the past four years, the fund has been operating at a loss and has continued to rely on fund balance to pay for its operational costs. Staff expects the FY21-22 budget will deplete the fund balance. We currently recommend a one-time infusion, with a plan to propose a rebalancing of internal charges and costs with the FY22-23 budget. Fleet Maintenance Fund The Fleet Maintenance Fund provides support for the maintenance and operation of city- owned vehicles. In three of the last four years, the fund has been operating at a loss and has been using available fund balance to cover operations and new vehicle purchases. The labor and supply costs have been increasing and growth of the fleet has increased demand for routine maintenance, yet the corresponding internal charges to departments have not increased. We currently recommend a one-time contribution, with a plan to propose a rebalancing of internal charges and costs with the FY22-23 budget. Full-Time Employee Position Vacancy Report The FY 2021-22 budget included funding for 1,263 full-time positions. On October 5, 2021, the City Council approved an additional 21 positions across various departments funded by the Revive Santa Ana program. These new positions funded in the second quarter will be included in the Mid-Year Budget Report. Staff recommends adding one full-time Meter Reader Collector position funded by the Water Enterprise Fund. This area has been experiencing staffing shortages for a number of years, impacting timely reads and rereads of water meters used for water billing. Furthermore, staff expects the water fund to receive a significant infusion of funds from the state in January for past-due water accounts. The requested funding for the position is $42,720 to cover the remainder of the fiscal year, with the full annual amount to be included in the FY22-23 budget. Staff also recommends adding one full-time Economic Development Specialist I position in the Community Development Agency to support the administration of new economic development and resident assistance programs. The requested funding for the position is $57,840 to cover the remainder of the fiscal year, with the full annual amount to be included in the FY22-23 budget. Additionally, staff recommends adding one full-time Records Manager position in the City Clerk’s Office to manage the increased volume of public records request. Human Resources will provide a final recommendation of appropriate job classification which will Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update December 21, 2021 Page 9 2 3 6 1 be included in the Mid-Year Report. The requested funding for the position is estimated at $79,980 for the remainder of the fiscal year with the full annual amount to be included in the FY 22-23 budget. Furthermore, staff recommends adding one full-time employment staff attorney position in the City Attorney’s Office to provide labor relations support for investigations and contract negotiations to provide cost savings. The utilization of in-house staff will minimize the cost of using outside contract attorneys. Human Resources will provide a final recommendation of appropriate job classification which will be included in the Mid- Year Report. The requested funding for the position is estimated at $94,080 for the remainder of the fiscal year with the full annual amount to be included in the FY 22-23 budget. As of September 30, there is a total of 154 total vacancies (Exhibit 1), of which, 124 are funded vacant positions and 30 are subject to the hiring freeze. Positions subject to the hiring freeze provided $2.9 million in savings in the current year budget. At this time, staff proposes to release $0.8 million of the hiring freezes to improve service to the public, with an estimated FY21-22 cost of $0.4 million for the remainder of the year. ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. FISCAL IMPACT On December 9, the City finalized the FY20-21 financial statements and the independent auditor issued a “clean” opinion. A complete report of the audited financial statements is scheduled for presentation to City Council on January 18, 2022. A summary of the June 30, 2021 ending General Fund balance follows. Amounts to be spent in FY21-22 for continued appropriations and encumbrances $4,042,487 18% Policy Reserve 63,083,968 Available for one-time spending 42,289,528 Total General Fund Balance at June 30, 2021 $109,415,983 If City Council approves the staff recommendation, the 18% Policy Reserve will increase to an estimated $64,354,356 at June 30, 2022 and the remaining available balance for one-time spending will be $16,364,140. A summary of the FY21-22 General Fund budget updated with new sales tax and property tax estimates follows. Recurring FY21-22 Budget FY21-22 Updated Revenue $340,944,200 $357,524,200 Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update December 21, 2021 Page 10 2 3 6 1 Expenditures (328,791,570)(328,791,570) Net Transfers to Other Funds (24,703,590)(24,703,590) Net Activity $(12,550,960)$4,029,040 If City Council approves the staff recommendation, FY21-22 recurring expenditures will increase by $3,066,900 (with an annualized estimate of $6,083,800 for FY22-23). Staff recommends the following appropriation adjustments. Adjustments for General Fund contributions to other funds: Fiscal Year Accounting Unit - Account # Fund Description Accounting Unit, Account Description Amount FY 21-22 01106019-68000-XX General Fund Inter-Fund Transfers Service Enhancement, Transfer Out $10,800,000 FY 21-22 06717002-59000-11 SARTC Operations Transfer In to Train Station Enterprise Fund $1,900,000 FY 21-22 08X09002-59000-11 General Liability / Workers’ Compensation Transfer In to General Liability / Workers’ Compensation Fund $1,500,000 FY 21-22 08109002-59000-11 Benefits Fund Transfer In to Employee Benefits Fund $3,400,000 FY 21-22 07317002-59000-11 Building Maintenance Transfer In to Building Maintenance Fund $2,500,000 FY 21-22 07517002-59000-11 Fleet Maintenance Transfer In to Fleet Maintenance Fund $1,500,000 Adjustments for one-time project costs: Fiscal Year Accounting Unit- Account # Fund Description Accounting Unit, Account Description Amount FY 21-22 011XX017-66220 General Fund PWA / PRCSA Service Enhancement, $1,450,000 Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update December 21, 2021 Page 11 2 3 6 1 Improvements Other Than Building FY 21-22 01117650-6XXXX General Fund SARTC Maintenance Service Enhancement (Deferred Maintenance) $5,405,000 FY 21-22 01117017-6XXXX General Fund PWA Service Enhancement (Repurpose Cypress Fire Station) $1,000,000 FY 21-22 01118810-62300 General Fund Economic Development Service Enhancement (S. Main Corridor Restaurant Incubation) $2,000,000 FY21-22 01117017-62300 General Fund PWA Service Enhancement (S. Main Corridor Public Art) $1,000,000 FY 21-22 01113250-6XXXX General Fund Park Facilities Service Enhancement (Deferred Park Maintenance) $1,500,000 FY21-22 01115330-62300 General Fund Fire Suppression / EMS (Fire Stations – Removal of Underground Storage Tanks) $1,050,000 FY21-22 01117017-66400 General Fund PWA Service Enhancement (Mini Sweeper for Protected Bike Lanes) $150,000 FY 21-22 01118810-62300 General Fund Economic Development Service Enhancement (Memorial to Lives Lost) $200,000 FY 21-22 01104012-66210 General Fund City Council Service Enhancement, Office Space Improvement $100,000 Adjustments for ongoing/recurring project costs: Fiscal Year Accounting Unit- Account # Fund Description Accounting Unit, Account Description Amount FY 21-22 06017645-61XXX Water Fund Water Admin / Engineering (Meter Reader Collector) $42,720 FY 21-22 01118810-61XXX General Fund Economic Development Service Enhancement (Economic Dev. Spec. I) $57,840 FY 21-22 01107017-61XXX General Fund COTC Service Enhancement (Records Manager) $79,980 Receive and file the FY 2021-2022 General Fund - First Quarter Budget Update December 21, 2021 Page 12 2 3 6 1 FY 21-22 01108017-61XXX General Fund CAO Service Enhancement (Employment Staff Attorney) $94,080 FY 21-22 01117626-62300 General Fund PWA Sidewalks Service Enhancement (Sidewalk Improvements) $500,000 FY 21-22 01117620-62300 General Fund PWA Traffic / Transportation Service Enhancement (Traffic Calming) $500,000 FY21-22 01117017-62300 General Fund PWA Service Enhancement (Alley Improvements) $750,000 FY 21-22 01117642-62300 General Fund PWA Graffiti Abatement Service Enhancement (Graffiti Removal) $300,000 FY21-22 01117017-62300 General Fund PWA Service Enhancement (Protected Bike Lane Sweeping) $75,000 FY 21-22 01104012-62302 General Fund City Council Service Enhancement, Contract Vendor Personnel Services $210,000 FY 21-22 01113017-62300 General Fund PRCSA Service Enhancement (Juneteenth Celebration 2022) $50,000 FY 21-22 01113017-62300 General Fund PRCSA Service Enhancement (City Events) $50,000 FY 21-22 Various-61XXX General Fund Various (Partially Restore Frozen Positions) $400,000 Adjustments for increases to revenue estimates: Fiscal Year Accounting Unit-Account # Fund Description Accounting Unit, Account Description Amount FY 21-22 01102002-50020 General Fund Sales Tax - Bradley-Burns $3,950,000 FY 21-22 01102002-50022 General Fund Sales Tax - Measure X $12,250,000 FY 21-22 01102002-50011 General Fund Property Tax $380,000 EXHIBITS 1. Fiscal Year 2021-2022 General Fund - First Quarter Budget Update 2. Personnel Resolution 3. Quarterly Report on Sales Tax and Business Activity Submitted By: Kathryn Downs, FMSA Executive Director Approved By: Kristine Ridge, City Manager City Council Meeting December 21, 2021 Fiscal Year 2021-2022 First Quarter Budget Update 1 EXHIBIT 1 AGENDA F i r s t Q u a r t e r G e n e r a l F u n d R e v e n u e s F i r s t Q u a r t e r G e n e r a l F u n d E x p e n d i t u r e s V a c a n c y R e p o r t a s o f S e p t e m b e r 3 0 , 2 0 2 1 2 G e n e r a l F u n d O n e -T i m e F u n d i n g General Fund General Fund General Fund Available One-Time Funding 3 FY 2020-21 Carryforward to FY 2021-22 4,042,487 Operating Reserve 18%63,083,968 Available for One-Time Spending 42,289,528 Total Fund Balance 6/30/2021 $109,415,983 FY 2021-22 Available for One-Time Spending $42,289,528 One-Time Proposed Appropriations Net Increase to Operating Reserve (24,655,000) $16,364,140Total Est. Available One-Time Funding (1,270,388) 1st Quarter General Fund Revenues 4 1st Quarter Other Key General Fund Revenues 5 Bradley BurnsFY 2020-21 Amended Budget Actuals Positive Variance Sales Tax Bradley BurnsFY 2021-22 Adopted Budget Updated Estimate Increase $53,650,000 $49,198,300 54,999,505 57,600,000 $3,950,000 $5,801,205 6 Measure X Measure X $65,000,000 $61,432,700 75,094,336 77,250,000 $12,250,000 $13,661,636 7 1st Quarter General Fund Expenditures 8 Vacancy Report as of September 30 9 City Council Meeting December 21, 2021 Fiscal Year 2021-2022 First Quarter Budget Update 1 EXHIBIT 1 AGENDA F i r s t Q u a r t e r G e n e r a l F u n d R e v e n u e s F i r s t Q u a r t e r G e n e r a l F u n d E x p e n d i t u r e s V a c a n c y R e p o r t a s o f S e p t e m b e r 3 0 , 2 0 2 1 2 G e n e r a l F u n d P e r f o r m a n c e General Fund Performance F Y 2 0 -2 1 S a l e s T a x a n d B u s i n e s s T a x p e r f o r m e d b e t t e r t h a n a n t i c i p a t e d Parks and Libraries were not at full service Staff vacancies remained vacant Pandemic priorities funded by CARES supplanted regular operations Departments were more careful and controlled spending during pandemic uncertainty F Y 2 0 -2 1 E x p e n d i t u r e S a v i n g s d u r i n g t h e P a n d e m i c T h e u p d a t e d S a l e s T a x e s t i m a t e f o r F Y 2 1 -2 2 m e a n s t h e C i t y d o e s n o t n e e d t o u s e G e n e r a l F u n d b a l a n c e f o r t h e F Y 2 1 -2 2 o p e r a t i n g b u d g e t F i n a l R e s u l t : T h e F Y 2 1 -2 2 b u d g e t i s b a l a n c e d , a n d t h e G e n e r a l F u n d h a s $4 2 m i l l i o n a v a i l a b l e f o r o n e -t i m e s p e n d i n g 3 General Fund General Fund General Fund One-Time Availability 4 FY 2020-21 Carryforward to FY 2021-22 4,042,487 Operating Reserve 18%63,083,968 Available for One-Time Spending 42,289,528 Total Fund Balance 6/30/2021 $109,415,983 FY 2021-22 Available for One-Time Spending $42,289,528 One-Time Proposed Appropriations Net Increase to Operating Reserve (24,655,000) $16,364,140Total Est. Available One-Time Funding (1,270,388) 1st Quarter General Fund Revenues 5 1st Quarter Other Key General Fund Revenues 6 Bradley BurnsFY 2020-21 Amended Budget Actuals Positive Variance Sales Tax Bradley BurnsFY 2021-22 Adopted Budget Updated Estimate Increase $53,650,000 $49,198,300 54,999,505 57,600,000 $3,950,000 $5,801,205 7 Measure X Measure X $65,000,000 $61,432,700 75,094,336 77,250,000 $12,250,000 $13,661,636 8 1st Quarter General Fund Expenditures 9 Vacancy Report as of September 30 10 Resolution 2021-XXX Page 1 of 3 EXHIBIT 2 RESOLUTION NO. 2021-XX A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA TO AMEND THE CURRENT FISCAL YEAR 2021- 2022 ANNUAL BUDGET TO ADD ONE FULL TIME POSITION IN THE FINANCE AND MANAGEMENT SERVICES AGENCY AND ONE FULL TIME POSITION IN THE COMMUNITY DEVELOPMENT AGENCY BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS FOLLOWS: Section 1: The City Council hereby finds, determines and declares as follows: A.On June 15, 2021, the City Council passed and adopted Ordinance No. NS-3005, establishing the City’s Budget for Fiscal Year 2021-2022 and authorizing position allocations for Fiscal Year 2021-2022. The Ordinance also sets forth the requirement that alterations in the allocation of authorized positions be reviewed and approved by the City Council; B.On October 5, 2021, the City Council approved Resolution No. 2021- 057 to amend the current Fiscal Year 2021-2022 budget to add limited- term full-time positions for American Rescue Plan Act Projects. C.The Executive Director of the Finance and Management Services Agency now requests to amend the Fiscal Year 2021-2022 budget to add one (1) full-time Meter Reader Collector; D.The Executive Director of the Community Development Agency requests to amend the Fiscal Year 2021-2022 budget to add one (1) full time Economic Development Specialist I; and E.It is now desired to amend the Fiscal Year 2021-2022, as amended, in order to effect this change, as shown below. Section 2: The City’s Annual budget for Fiscal Year 2021-2022, as amended, is hereby further amended by adding the following position in the Finance and Management Services Agency, at the monthly seven-step range as indicated: 7-Step Salary Rate Range Effective 7/1/2021 Classification Title Number of Positions Added Monthly Salary Minimum-Maximum Meter Reader Collector 1 $4296 - $5762 EXHIBIT 2 Resolution 2021-XXX Page 2 of 3 Section 3: The City’s Annual budget for Fiscal Year 2021-2022, as amended, is hereby further amended by adding the following position in the Community Development Agency, at the monthly seven-step range as indicated: 7-Step Salary Rate Range Effective 7/1/2021 Classification Title Number of Positions Added Monthly Salary Minimum-Maximum Economic Development 1 $6415 - $8599 Specialist I Section 4: All salary rate range classifications are set forth in the City's "Salary Schedule" as periodically updated. Section 5: That except as amended by this Resolution, all other provisions of the Annual Budget for Fiscal Years 2021-2022, as amended, shall remain in full force and effect. Section 6: This Resolution is operative from and after the date upon which it is adopted. ADOPTED this _____ day of December, 2021. ___________________________ Vicente Sarmiento Mayor APPROVED AS TO FORM Sonia R. Carvalho City Attorney By: __________________ Laura A. Rossini Chief Assistant City Attorney EXHIBIT 2 Resolution 2021-XXX Page 3 of 3 AYES: Councilmembers NOES: Councilmembers ABSTAIN: Councilmembers NOT PRESENT: Councilmembers CERTIFICATE OF ATTESTATION AND ORIGINALITY I, Daisy Gomez, Clerk of the Council, do hereby attest to and certify the attached Resolution No. 2021-___ to be the original Resolution adopted by the City Council of the City of Santa Ana on December ____, 2021 Date: ___________________ ____________________________ Clerk of the Council City of Santa Ana Top 25 Sales Tax Remitters California sales tax cash receipts increased by 32.3% from the same quarter last year. In this jurisdiction sales tax cash 7-ELEVEN FOOD STORES receipts increased by 39.4% from the same quarter last year ARCO AM/PM MINI MARTS due to a increase of $432,159,000 in Taxable Sales. BUILDERS SURPLUS CALIFORNIA MOTORS DIRECT Cash Receipts Quarter Annual CHEVRON SERVICE STATIONS Santa Ana 39.4% 20.1% CREVIER BMW/MINI Orange Countywide Pool -0.8% 18.9% FINANCIAL SERVICES VEHICLE TRUST Orange Countywide 37.9% 10.3% FREEWAY HONDA South Coast Region 34.8% 10.1% G & M SERVICE STATIONS Statewide 32.3% 12.9% GUARANTY CHEVROLET HOME DEPOT Annualized Percent Change in Sales Tax Cash Receipts MAIN ELECTRIC SUPPLY COMPANY MCDONALD'S RESTAURANTS PEOPLE'S OC - MMD ROGER DUNN GOLF SHOPS ROSS STORES SAF-T-CO SUPPLY SUBARU ORANGE COAST SUPER CLINIK - MMD TARGET STORES THE ARNOLD COMPANIES VOLKSWAGEN SOUTH COAST VOLVO OF ORANGE COUNTY WAL MART STORES WAXIE'S SANITARY SUPPLY Business Activity Quarter Annual Quarter Annual Quarter Annual General Retail 49.9% 14.7%73.5% 6.3% 52.3% 3.0% Food Products 36.1% -1.7%62.2% -6.6% 42.7% -14.0% Transportation 57.1% 6.9%55.9% 9.7% 37.1% -0.8% Construction 14.3% 9.3%11.8% 9.6% 7.7% 2.1% Business To Business 31.1% 6.6%23.8% -0.8% 11.0% -8.0% TOTAL LOCAL BUSINESS ACTIVITY 39.8% 7.3%49.4% 3.4% 32.5% -3.7% COUNTYWIDE POOL ACTIVITY 0.3% 29.8%2.7% 23.6% 7.4% 25.0% City of Santa Ana Santa Ana South Coast California Quarterly Report on Sales Tax and Business Activity 2nd Quarter 2021 in Review -18.0% -12.0% -6.0% 0.0% 6.0% 12.0% 18.0% 24.0% Santa Ana Orange Countywide Statewide Orange Countywide Pool -0.8%18.9% South Coast Region 34.8%10.1% EXHIBIT 3 Santa Ana Annual Per Capita Sales Tax Adjusted for Inflation (Constant 2017 $) City of Santa Ana News x Economic Activity:Real Gross Domestic Product (GDP) grew at a seasonally adjusted annualized rate of 6.5% in the second quarter of 2021. Real GDP in Q2 2021 surpassed its Q4 2019 pre-pandemic peak by 0.8%. (Finance Bulletin, August 2021) x Employment:The U.S. unemployment rate fell by 0.7% to 5.2% in August of 2021 compared to July of 2021. Total U.S. nonfarm payroll employment increased by 235,000 (0.2%) in August compared to July of 2021. California's unemployment rate remained unchanged at June’s revised rate of 7.6% for the month of July 2021. California's civilian employment increased by 56,000 (0.3%) in July of 2021 compared to June of 2021. (Finance Bulletin, August 2021 & BLS) x Personal Income:U.S. personal income increased by 2.7% in the Second quarter of 2021, compared to same quarter previous year. This increase was after a 5.2% growth in the first quarter of 2021. (BEA) 2017Q2 $139 2018Q2 $140 2019Q2 $141 2020Q2 $130 2021Q2 $138 $16 $16 $18 $21 $26$1 $1 $1 $1 $1 $29 $30 $31 $26 $26 $14 $14 $13 $12 $13 $28 $28 $27 $25 $25 $23 $23 $23 $21 $20 $28 $28 $27 $25 $27 General Retail Food Products Transportation Construction Business To Business Miscellaneous County Pool (Cash Basis) EXHIBIT 3 City Council Meeting December 21, 2021 Fiscal Year 2021-2022 First Quarter Budget Update 1 AGENDA First Quarter General Fund Revenues First Quarter General Fund Expenditures Vacancy Report as of September 30, 2021 2 General Fund Performance General Fund Performance FY20 -21 Sales Tax and Business Tax performed better than anticipated •Parks and Libraries were not at full service •Staff vacancies remained vacant •Pandemic priorities funded by CARES supplanted regular operations •Departments were more careful and controlled spending during pandemic uncertainty FY20-21 Expenditure Savings during the Pandemic The updated Sales Tax estimate for FY21 -22 means the City does not need to use General Fund balance for the FY21 -22 operating budget Final Result: The FY 21 -22 budget is balanced, and the General Fund has $42 million available for one -time spending 3 General Fund General Fund General Fund One -Time Availability 4 FY 2020 -21 Carryforward to FY 2021-22 4,042,487 Operating Reserve 18%63,083,968 Available for One-Time Spending 42,289,528 Total Fund Balance 6/30/2021 $109,415,983 FY 2021-22 Available for One -Time Spending One-Time Proposed Appropriations Net Increase to Operating Reserve (24,655,000) $16,364,140Total Est. Available One -Time Funding (1,270,388) 1st Quarter General Fund Revenues 5 1st Quarter Other Key General Fund Revenues 6 Bradley BurnsFY 2020 -21 Amended Budget Act u a ls Positive Variance Sales Tax Bradley BurnsFY 2021-22 Adopted Budget Updated Estimate Increase $53,650,000 $49,198,300 54,999,505 57,600,000 $3,950,000 $5,801,205 7 Measure X Measure X $65,000,000 $61,432,700 75,094,336 77,250,000 $12,250,000 $13,661,636 8 1st Quarter General Fund Expenditures 9 FY 21-22 Adopted Budget City Manager 2,774,200 555,222 20.0% City Council 569,280 107,740 18.9% Non-Departmental 49,206,780 8,222,586 16.7% Transfers to Projects and Debt Service 24,173,510 5,101,901 21.1% Clerk of the Council 1,470,790 296,272 20.1% City Attorney's Office 2,955,140 628,003 21.3% Human Resources 3,455,190 820,179 23.7% Finance & Management Services 10,416,490 2,078,650 20.0% Library 5,864,340 1,223,188 20.9% City Owned Museum Building 1,474,030 364,157 24.7% Parks and Recreation Services Agency 23,289,740 4,618,057 19.8% Police Department 141,082,500 33,368,870 23.7% Fire Department*51,618,690 16,558,701 32.1% Planning & Building Agency 15,535,280 2,710,431 17.4% Public Works Agency 15,711,070 2,881,665 18.3% Community Development 3,898,130 491,905 12.6% TOTAL GENERAL FUND $ 353,495,160 $ 80,027,526 22.6% *Includes one month advanced payment Department FY 21-22 1st Quarter % Expended Vacancy Report as of September 30 10 Questions? 11 Additional Priorities to Consider •Street lights •Bristol widening •Sidewalk improvements •Additional library location •Homeless shelter contribution Infrastructure 12 •Contribution to enhanced dog park •Pocket parks •Machander Tennis Center lighting •Memorial Community Center renovation Parks & Open Space •Contribution to Section 115 Trust to mitigate future pension cost spikes •Payoff debt early to achieve interest savings Fiscal Sustainability