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HomeMy WebLinkAbout113-Non-Departmental.pdfC ITY OF SARATOGA NON DEPARTMENTAL C - 143 NON-DEPARTMENTAL The Non-Departmental Section is a collection of programs which are independent of the City’s service and support functions. This collection includes the General Administration program, Legal Services, the Community Grants and Community Events programs, Workers Compensation Insurance program, the Risk Management/Liability program, 2001 Bond Debt Service, the Library Capital Maintenance Trust Fund, and the KSAR 15 Community Access Television Trust Fund. These are all considered non- departmental as the programs represent functions outside of established service operations. The Non-Departmental section represents non-operational receipts and general expenses (such as tax revenues, interest, retiree and unemployment expenses, assessment taxes, and audit recovery fees) citywide insurance (Liability Insurance and Workers Compensation), contracted legal services, grant funding to outside agencies, debt service funding for the City’s 2001 General Obligation Bond to rebuild the City’s Library, and two Trust Funds. One Trust Fund accounts for the Library 2001 Series Bond’s remaining funds for capital improvement uses on the library building, and the other Trust Fund accounts for Community Access Television Foundation’s PEG fee funds. BUDGET OVERVIEW The Non-Departmental Section’s General Administration program accounts for the majority of the City’s revenues. Property Tax, Sales Tax, Transient Occupancy Tax, Business License Tax, Franchise Fees, Vehicle License Fees, and other city-based General Fund revenues are accounted for within the General Administration Program as these receipts represent allocations to the City which are not based on departmental functions. Expenses in this program are general city expenses not tied to departments (such as retiree insurance premiums, business license and sales tax audit fees, and assessment tax. The Legal Services program represents attorney time and expenses provided to the City from external firms. The Community Grants and Community Events are funding programs for city allocations to external agencies and non-profit groups. As Non-Departmental programs are extraneous to administrative support or departmental service operations, staffing is limited to minimal oversight of the two insurance programs: Risk Management/Liability, and Workers Comp. These are structured as Internal Service Funds to charge back the centralized expenses to departments. Staffing for these programs are represented in the City Manager’s budget as the home department for Workers Comp, and the Recreation & Facilities Department for Liability, but includes the position allocations in the insurance programs for funding. The GO Bond program accounts for receipts and payments associated with the City’s 2001 debt to remodel and enlarge the Library Building. The remaining two programs are Trust Funds. The Library Improvement Fund accounts for remaining funds from the GO Bond which are restricted to building improvements. The KSAR program accounts for public funds received on behalf of the non-profit Community Access Television group. C ITY OF SARATOGA NON DEPARTMENTAL C - 144 2007/08 2008/09 2009/10 2009/10 2010/11 Actuals Actuals Adjusted Estimated Proposed REVENUES Taxes 11,297,826 11,518,164 11,390,500 11,163,483 11,124,600 Intergovernmental Revenues 195,391 120,123 85,000 68,202 65,000 Fees, Licenses and Permits 150 - - - - Charge for Services 71,743 4,441 - - - Interest Income 615,731 363,149 170,000 90,275 90,000 Rental Income 79,869 85,667 84,000 84,000 84,000 Other Sources 5,782 1,913 - 1,579 - TOTAL REVENUES 12,266,492$ 12,093,457$ 11,729,500$ 11,407,539$ 11,363,600$ Operating Transfers In 2,275,254 153,732 198,859 198,859 249,550 TOTAL REVENUE & TRANSFERS IN 14,541,746$ 12,247,189$ 11,928,359$ 11,606,398$ 11,613,150$ EXPENDITURES Salaries and Benefits 49,963 11,134 66,200 15,200 35,200 Operating Expenditures Materials & Supplies 66,862 59,587 38,250 29,753 35,950 Fees & Charges 53,156 21,900 13,275 12,480 14,000 Consultants & Contract Services 284,077 326,837 312,963 295,130 352,665 Meetings, Events & Training 6,447 1,300 1,500 - 1,000 Community Grants & Events 189,934 162,669 208,006 207,792 181,376 Total Operating Expenditures 600,476 572,293 573,994 545,155 584,991 Fixed Assets - - - - - Internal Service Charges 353,932 382,984 329,343 329,343 335,432 TOTAL EXPENDITURES 1,004,371$ 966,411$ 969,537$ 889,698$ 955,623$ Operating Transfers Out 3,764,304 1,571,727 650,000 650,000 553,017 TOTAL EXP & TRANSFERS OUT 4,768,674$ 2,538,138$ 1,619,537$ 1,539,698$ 1,508,640$ GENERAL FUND REVENUES AND EXPENDITURES C ITY OF SARATOGA NON DEPARTMENTAL C - 145 2007/08 2008/09 2009/10 2009/10 2010/11 Actuals Actuals Adjusted Estimated Proposed GENERAL FUND General Administration 532,476 482,787 454,805 440,543 464,667 Legal Services 281,961 320,955 306,726 241,363 309,580 Community Grants 167,538 149,803 193,156 193,156 160,676 Community Events 22,396 12,866 14,850 14,636 20,700 TOTAL GENERAL FUND 1,004,371$ 966,411$ 969,537$ 889,698$ 955,623$ INTERNAL SERVICES FUNDS Risk Management 191,125 230,050 342,861 252,373 343,464 Workers Compensation 199,265 195,622 265,881 201,618 222,791 TOTAL INTERNAL SERVICES 390,390$ 425,672$ 608,742$ 453,992$ 566,256$ DEBT SERVICE FUNDS 2001 General Obligation Bond 1,015,941 1,014,550 1,015,556 1,015,406 1,019,656 TOTAL DEBT SERVICE FUNDS 1,015,941$ 1,014,550$ 1,015,556$ 1,015,406$ 1,019,656$ TRUST FUNDS Library Capital Improvement Fund 7,782 38,893 15,000 11,106 - KSAR 15 Trust Fund 30,000 - 100,000 47,465 174,088 TOTAL TRUST FUNDS 37,782$ 38,893$ 115,000$ 58,571$ 174,088$ TOTAL DEPT EXPENDITURES 2,448,484$ 2,445,526$ 2,708,835$ 2,417,667$ 2,715,622$ TRANSFERS OUT General Fund 3,764,304 1,571,727 650,000 650,000 553,017 Internal Service Funds - - - - 75,000 Trust Funds - 310,000 33,020 33,020 345,033 TOTAL TRANSFERS OUT 3,764,304$ 1,881,727$ 683,020$ 683,020$ 973,050$ TOTAL EXP & TRANSFERS OUT 6,212,788$ 4,327,252$ 3,391,855$ 3,100,687$ 3,688,672$ TOTAL NON-DEPARTMENTAL EXPENDITURES BY PROGRAM C ITY OF SARATOGA NON DEPARTMENTAL C - 146 Full Time Equivalents (FTE) 2007/08 2008/09 2009/10 2010/11 City Staff Funded Funded Funded Funded Recreation & Facilities Director - - 0.20 0.20 City Clerk 0.25 0.25 - - Human Resources Manager 0.05 0.05 0.05 0.05 Total FTEs 0.30 0.30 0.25 0.25 2007/08 2008/09 2009/10 2010/11 Temporary Staff Hours Funded Funded Funded Funded Clerical - - - - HR Administrative Assistant I, II 100 - - 200 Total Annual Hours 100 - - 200 NON-DEPARTMENTAL STAFFING C ITY OF SARATOGA NON DEPARTMENTAL C - 147 GENERAL ADMINISTRATION The General Administration program represents revenues and expenditures that are not specifically generated as a result of departmental operations. Tax Revenues, Intergovernmental Revenues, Interest and Rental Income, and Operating Transfers-In are the primary non-service based revenue sources for the City, and account for approximately 70% of the City’s Total General Fund Operating Revenues each year. General Administration expenditures are minimal in comparison, as program expenditures are limited to fund citywide general expenses and internal service charges for general use areas or non- departmental functions. BUDGET OVERVIEW The FY 2010/11 budgeted General Administration Tax Revenues reflect a small decrease overall, as a result of the ongoing economic recession. Property Tax revenues are expected to be impacted slightly from the countywide rate of foreclosures and lower housing prices, resulting in a negative growth rate. Sales Tax revenues are expected to remain flat; however receipts will increase slightly due to the elimination of the prior year’s $35,000 payback for overpayment of estimated taxes. Business License Taxes are expected to remain at the prior year’s level, however this is lower than in the past years due to a decrease in the Supplemental Business Tax - which is a based on building construction permits. In correlation, a continued decrease in Construction Tax revenues is also expected. Most Franchise Fee Taxes are expected to remain flat; however a significant decrease in gas prices caused an unexpected 25% drop in PG&E Gas Franchise Fees in FY 2009/10. As it is unknown if this decrease in fees will continue, a lower revenue figure was budgeted as a precaution. Transient Occupancy Tax dropped significantly in line with the struggling economy, and is budgeted at the lower FY 2009/10 revenue level. Interest income is at an historic low, declining significantly from prior years. The City’s investments are limited to the LAIF investment pool, which is seeing the lowest rate in their 32 plus year history. Hovering under 1%, for most of FY 2009/10, interest income is expected to stay low during FY 2010/11. The General Administration program represents non-service functions, and as such, there are no staffing, objectives, or key services assigned to this program. Budgeted expenses represent general expenses, such as retiree medical insurance administration fees, unemployment insurance fees, funding for employee termination and retirement payouts, Sales Tax and Business License audit finding fees, and several Internal Services charges which account for general public usage of the building maintenance expenses, most notably an allocation for the Civic Theater/Council Chambers and the Civic Center buildings. The General Administration program also contains all Transfers In and Transfers Out for the General Fund. C ITY OF SARATOGA NON DEPARTMENTAL C - 148 GENERAL ADMINISTRATION 2007/08 2008/09 2009/10 2009/10 2010/11 Actuals Actuals Adjusted Estimated Proposed REVENUES Taxes Property Tax 7,922,815 8,155,362 8,175,500 8,091,904 8,017,600 Sales Tax 1,057,977 1,043,034 910,000 875,000 910,000 Transient Occupancy Tax 211,532 151,378 140,000 120,000 120,000 Business License Tax 290,996 321,347 325,000 305,000 305,000 Other Taxes 191,188 190,328 165,000 120,000 120,000 Franchise Tax 1,623,318 1,656,716 1,675,000 1,651,579 1,652,000 Intergovernmental Revenues 195,391 120,123 85,000 68,202 65,000 Fees, Licenses and Permits - - - - - Charge for Services - - - - - Interest Income 615,731 363,149 170,000 90,275 90,000 Rental Income 79,869 85,667 84,000 84,000 84,000 Other Sources 5,782 1,913 - 1,579 - TOTAL REVENUES 12,194,599$ 12,089,017$ 11,729,500$ 11,407,539$ 11,363,600$ Operating Transfers In 2,275,254 153,732 198,859 198,859 249,550 TOTAL REV & TRANSFERS IN 14,469,853$ 12,242,749$ 11,928,359$ 11,606,398$ 11,613,150$ EXPENDITURES Salaries and Benefits 49,963 11,134 66,200 15,200 35,200 Operating Expenditures Materials & Supplies 66,746 59,088 37,750 29,653 35,850 Fees & Charges 52,937 19,929 11,275 11,480 12,000 Consultants & Contract Services 5,811 11,586 12,000 56,630 48,000 Meetings & Training 4,874 87 - - - Total Operating Expenditures 130,368 90,690 61,025 97,763 95,850 Fixed Assets - - - - - Internal Service Charges 352,145 380,963 327,580 327,580 333,617 TOTAL EXPENDITURES 532,476$ 482,787$ 454,805$ 440,543$ 464,667$ Operating Transfers Out 3,764,304 1,571,727 650,000 650,000 553,017 TOTAL OPERATING BUDGET 4,296,780$ 2,054,514$ 1,104,805$ 1,090,543$ 1,017,684$ GENERAL FUND REVENUES AND EXPENDITURES C ITY OF SARATOGA NON DEPARTMENTAL C - 149 LEGAL SERVICES The City of Saratoga contracts with the firm Shute, Mihaly & Weinberger LLP to provide City Attorney services, advice, and representation on legal matters to ensure that City actions and activities are legally sound. The City also utilizes the Wittwer & Parkins LLP firm for land use/development attorney services. The City Attorney firms pursue or defend the City in litigation matters as directed by the City Council, manage litigation costs, and provide the City with a monthly status report of all outstanding litigation, case updates, and potential lawsuits. The City Attorney reviews all proposed ordinances and resolutions requiring City Council action to ensure proper format and content, reviews staff reports for reasoned and sound commentary, identifies policy options and alternatives, and provides direction, recommendations, and appropriate summaries consistent with Council requirements. Additional contract city attorney services include review and recommendations on legislative issues, recommendations on environmental review requirements and preparation of environmental review documents, review of bid requests, vendor contract documents, purchase and sale agreements, code enforcement matters, and the preparation and/or review of contractual agreements with other agencies. The City Attorney attends the bi-monthly City Council meetings, and special City Council sessions as needed. BUDGET OVERVIEW The FY 2010/11 budget does not include revenues. Prior year revenues reflect reimbursements received for legal representation in development lawsuits. Applicants who have development applications in process under the deposit fee development process reimburse the City for legal services if the project utilizes attorney time for appeals in the Planning Commission or City Council meetings. Reimbursements would also result from applicants requesting research and information from the City, or from legal services related to environmental reviews. However, as the majority of development projects fall under the flat fee schedule process now, reimbursement revenues are now less likely to occur. Budgeted expenditures are primarily comprised of regular on-going City Attorney services. The basic contract City Attorney services amount increases each year based on the Consumer Price Index (CPI) cost of living increase from the prior year. If needed, the budget includes funding for potential litigation expenditures, based on the City Attorney’s estimate of outstanding and future litigation. As there are no imminent litigations pending, this funding was not included in FY 2010/11. In addition, Council directed staff to further reduce attorney costs in light of budgetary restraints, and to reduce the attorney services line item by $50,000 from the contract amount to reflect this reduced usage. The City Attorney occupies an office when on-site; therefore a small allocation of building maintenance internal service charges is also included. C ITY OF SARATOGA NON DEPARTMENTAL C - 150 LEGAL SERVICES KEY SERVICES • Provides sound legal advice for the City, and represents the City regarding litigation matters • Attends City Council meetings to provide legal guidance • Drafts and/or reviews staff reports, resolutions, and proposed ordinances • Prepares and/or reviews contractual agreements with other agencies • Reviews and makes recommendations on legislative issues • Reviews bid requests, vendor contract documents, and purchase and sale agreements • Provides legal advice on code enforcement matters • Makes recommendations on environmental review requirements and preparation of environmental review documents 2007/08 2008/09 2009/10 2009/10 2010/11 Actuals Actuals Adjusted Estimated Proposed REVENUES Taxes - - - - - Intergovernmental Revenues - - - - - Fees, Licenses and Permits 150 - - - - Charge for Services 71,743 4,441 - - - Other Sources - - - - - TOTAL REVENUES 71,893$ 4,441$ -$ -$ -$ EXPENDITURES Salaries and Benefits - - - - - Operating Expenditures Materials & Supplies 116 499 500 100 100 Fees & Charges 219 1,971 2,000 1,000 2,000 Consultants & Contract Service 278,266 315,251 300,963 238,500 304,665 Meetings & Training 1,573 1,213 1,500 - 1,000 Total Operating Expenditures 280,174 318,934 304,963 239,600 307,765 Fixed Assets - - - - - Internal Service Charges 1,787 2,021 1,763 1,763 1,815 TOTAL EXPENDITURES 281,961$ 320,955$ 306,726$ 241,363$ 309,580$ GENERAL FUND REVENUES AND EXPENDITURES C ITY OF SARATOGA NON DEPARTMENTAL C - 151 COMMUNITY GRANTS The Community Grants program was established to consolidate the City’s grant support to outside agencies into one program, in order to provide a historical funding reference. The program includes funding from the City as well as from the Community Development Block Grant (CDBG) program’s allocation for Human Service grants. CDBG funding will be transferred into this General Fund program for distribution. By policy, one-time Community Grant distributions match the CDBG funding estimated grant amount, with the distribution determined by Council each year. On-going grants listed in the grant schedule represent contract services or county-wide support services. Grant amounts listed only illustrate the dollar amounts provided to the service groups and non-profit agencies. On occasion, the City may also contribute in-kind services, such as staff support, sheriff services, or street sweeping. BUDGET OVERVIEW For FY 2010/11, the City is to be provided with a total of $28,550 of CDBG funding for Human Service Grants, which the Council allocated to the Saratoga Area Senior Coordinating Council (SASCC) for support of adult daycare services. In addition, the City provided $132,126 of community grant funding to a variety of other non-profit organizations. The City allocates grant funding to local organizations to support the services these groups provide to the Saratoga community, including the Saratoga Chamber of Commerce for business support, the public access television station KSAR 15 for public information broadcasts of council and commission meetings, and SASCC for operational support of the Senior Center. The Senior Center provides an assortment of services – such as Blood Pressure Checks, Podiatric Checks, Tax Assistance, Vision Screening, Hearing Tests, Senior Nutrition Programs, Fifty-Five Alive Driving Program, Flu Shots, and other non-cost-recovery services that the senior population finds valuable. This year’s Community Service Grants will help to fund several non-profit group programs which support the Saratoga community, such as: the United Way’s 211 program; the Catholic Charities Ombudsmen program; the Housing Trust of Santa Clara County; and the West Valley Community Services food and housing assistance programs. The Council also provides funding to special interest groups. Grants for FY 2010/11 include funding for the Shady Shakespeare group, the Saratoga Foothill Club, and the Silicon Valley Wildlife Association. The distribution of grant funding for FY 2010/11 and the three prior years is illustrated in the Grant Schedule on the following pages. C ITY OF SARATOGA NON DEPARTMENTAL C - 152 COMMUNITY GRANTS 2007/08 2008/09 2009/10 2009/10 2010/11 Actuals Actuals Adjusted Estimated Proposed REVENUES Taxes - - - - - Intergovernmental Revenues - - - - - Fees, Licenses and Permits - - - - - Charge for Services - - - - - Other Sources - - - - - TOTAL REVENUES -$ -$ -$ -$ -$ EXPENDITURES Salaries and Benefits - - - - - Operating Expenditures Materials & Supplies - - - - - Fees & Charges - - - - - Consultants & Contract Services - - - - - Meetings, Training, Recruitment - - - - - Community Grants 167,538 149,803 193,156 193,156 160,676 Total Operating Expenditures 167,538 149,803 193,156 193,156 160,676 Fixed Assets - - - - - Internal Service Charges - - - - - TOTAL EXPENDITURES 167,538$ 149,803$ 193,156$ 193,156$ 160,676$ GENERAL FUND REVENUES AND EXPENDITURES C ITY OF SARATOGA NON DEPARTMENTAL C - 153 COMMUNITY GRANTS 2007/08 2008/09 2009/10 2010/11 Grants Grants Grants Grants Community Service Support Groups - Ongoing Grants SASCC Service Support 21,000 21,000 21,000 21,000 SASCC Supplemental Support 18,000 18,000 18,000 18,000 KSAR Community Access Grant 25,000 27,800 30,000 27,600 Chamber of Commerce Annual Support 11,000 11,332 11,672 12,024 United Way 211 Funding 2,000 2,000 2,000 2,000 Housing Trust of Santa Clara County - - 25,000 25,000 Total Community Service - Ongoing Grants 77,000 80,132 107,672 105,624 Community Service Support Groups - One Time Grants SASCC Adult Daycare Support - 1,268 8,344 3,938 KSAR Supplemental Service Support 20,700 - - - Video Conversion Grant - 2,175 - - Media Arts Mentoring Program - - 4,617 1,313 Chamber of Commerce Banner Fee Grant 600 - - - City Map Gant - 4,832 - - Website & IT Upgrade Grant 5,000 - - - Membership Subsidy Grant 1,000 - - - Other Non-Profit Organizations Historical Museum Annual Support 4,288 4,288 4,288 - Historical Museum Supplemental Support 6,640 - - - Silicon Valley Wildlife Service Support - 4,212 4,212 1,275 Walden West School Foundation 2,100 - - - Saratoga Foothill Club 8,600 - 13,500 688 SCC Supervisors - Spay Pgm 320 - - - Shady Shakespeare Theater Co.- - 2,500 375 West Valley Community Services - Food Pantry Van 2,400 - - - West Valley Community Services - 15,164 15,164 14,913 Children's Health Insurance Assistance 3,326 - - - Catholic Charities Ombudsmen Funding - 5,000 5,000 4,000 Total Community Service One-Time Grant 54,974 36,939 57,625 26,502 CDBG Funded Public Service Grants SASCC Adult Daycare Support 32,000 32,732 27,859 28,550 West Valley Community Services Support 3,564 - - - Total CDBG Funded Grants 35,564 32,732 27,859 28,550 Total Grants 167,538 149,803 193,156 160,676 C ITY OF SARATOGA NON DEPARTMENTAL C - 154 C ITY OF SARATOGA NON DEPARTMENTAL C - 155 COMMUNITY EVENTS The Community Events program was established in the FY 2008/09 budget to consolidate the City’s provisions for community events into one program. This includes including prior year funding for community events originally distributed from the Community Grants program to this new Community Events program for historical reference. Community Events are promoted by the City in an effort to build community, however external groups or volunteers are responsible for staffing and organization most of the events . This occurs at many different levels, including events to celebrate days of recognition, such as the Fourth of July, Memorial Day, and Arbor Day, and general festive celebrations, such as the Village Tree Lighting Ceremony, the Mustard Faire, and the Taste of Saratoga/Art & Wine Festival events. The City also sponsors celebrations to honor segments of the community, and to highlight such occurrences as facility openings or groundbreakings in order to increase awareness of a new or improved community facility and publicly thank supporters and contributors. BUDGET OVERVIEW For FY 2010/11, funding is provided for several ongoing events: the Mustard Faire to celebrate Saratoga’s orchard heritage; the Chamber’s annual Art & Wine Festival in the Village to promote the shops and restaurants; the annual tree lighting ceremony to celebrate the start of the holiday season; and the annual citywide garage sale event to promote reuse, recycle, and reduce environmental efforts. The City will hold special ground breaking or grand openings throughout the year on an as needed basis. For FY 2010/11, funding was set aside for the anticipated Joe’s Trail Opening ceremony. A small amount of unallocated funding is set aside for events which may emerge throughout the year. The City also provides in-kind services for some events. In past years, the City and Sheriff’s Office have provided staff support for a one-day Art and Wine Festival. Council Members are also sometimes available to volunteer or hold meet and greets at events. The expenditure budget and distribution of event grant funding for FY 2010/11 and three prior years is illustrated in the schedules on the following pages. C ITY OF SARATOGA NON DEPARTMENTAL C - 156 COMMUNITY EVENTS 2007/08 2008/09 2009/10 2009/10 2010/11 Actuals Actuals Adjusted Estimated Proposed REVENUES Taxes - - - - - Intergovernmental Revenues - - - - - Fees, Licenses and Permits - - - - - Charge for Services - - - - - Other Sources - - - - - TOTAL REVENUES -$ -$ -$ -$ -$ EXPENDITURES Salaries and Benefits - - - - - Operating Expenditures Materials & Supplies - - - - - Fees & Charges - - - - - Consultants & Contract Service - - - - - Meetings, Training, Recruitment - - - - - Community Grants & Events 22,396 12,866 14,850 14,636 20,700 Total Operating Expenditures 22,396 12,866 14,850 14,636 20,700 Fixed Assets - - - - - Internal Service Charges - - - - - TOTAL EXPENDITURES 22,396$ 12,866$ 14,850$ 14,636$ 20,700$ GENERAL FUND REVENUES AND EXPENDITURES C ITY OF SARATOGA NON DEPARTMENTAL C - 157 COMMUNITY EVENTS 2007/08 2008/09 2009/10 2010/11 Grants Grants Grants Grants Chamber of Commerce Events Celebrate Saratoga - Teen Scene 10,000 - - - Celebrate Saratoga - Fun Zone 4,900 - - - Celebrate Saratoga - Event Support 4,996 - - - Taste of Saratoga /Art & Wine Festival - 3,299 4,258 5,000 Annual Tree Lighting - - 1,037 3,600 General Community Events Unspecified Event Funding - - - 2,500 Mustard Faire 2,000 3,649 4,000 4,000 Sister City 25th Anniversary - - - - Arbor Day Celebration - 78 100 100 Memorial Day Event (Banner)300 - - - Fourth of July Event - 1,547 - - Cancer Society - Relay 200 - - - Citywide Garage Sale - 4,270 5,000 5,000 Facility Opening Events Fellowship Hall Opening - - 104 - Joe's Trail at Saratoga DeAnza Trail Opening - 23 - 500 KMP Groundbreaking / Opening - - 138 - Total Community Events 22,396 12,866 14,636 20,700 C ITY OF SARATOGA NON DEPARTMENTAL C - 158 C ITY OF SARATOGA NON DEPARTMENTAL C - 159 RISK MANAGEMENT / LIABILITY FUND The City is a member of the Association of Bay Area Government (ABAG) insurance pool, a self- insurance program established in 1986 which provides general liability, auto, property insurance, and risk management services to thirty-one (31) cities within the Bay Area. Each member chooses a self-insured retention ranging from $25,000 to $250,000, which is reflected in premium rates. The insurance pool pays claims up to a limit of $5 million. To provide further protection, the association purchases another $15 million of excess insurance coverage, for a total of $20 million per occurrence limit. Coverage provides protection for Bodily Injury, Property Damage, Personal Injury, and Public Officials Errors and Omissions claims, and minimizes the City’s exposure to losses as a result of City policy or actions. The City’s annual premium allows for a self coverage retention level of $25,000 per occurrence. The City submits claim information to the ABAG agency, and ABAG staff follows up with other parties and insurance firms, acting as the City’s insurance agent. In addition, ABAG provides risk management policy guidelines to effectively identify and analyze risks, implement best practices to minimize risks, training, and grant incentives for safety programs. BUDGET OVERVIEW The Risk Management/Liability Fund is an Internal Service Fund program which provides for the cost of the program to be offset with service charge-backs to the departments. The charge-backs allow for the cost of the program to be allocated to the departments in order to more fully recognize operational costs. For FY 2010/11, premium costs are budgeted at $222,845, which represents a $2,600 net decrease from the prior year estimated ABAG premium. The decrease stems from the elimination of two premium categories which are not typically charged against: Legal Costs and Risk Management Services. These offset the increases in Administration, General Liability, and Property premiums. The FY 2010/11 budget also includes three large ABAG grants which have matching revenues and expenditures. The Safety Framework Program Grant will provide $10,000 to develop risk management policies, procedures, and standards. A $3,000 Risk Management Training Grant will be used to send staff to a Playground Safety Training course, and a $25,000 ABAG safety improvement grant will be utilized for playground safety projects. Additional program expenses include .20 FTE staffing for program administration by the Recreation and Facilities Director. Funding for attorney services and claim expenditures was eliminated in this budget year as these City expenses are funded through the Legal Services program. A pass-through liability program solely for claim expenses and reimbursements is included as a second program in this fund. With the General Fund’s budget difficulties this fiscal year, $25,000 of the Risk Management Fund Balance will be transferred back to the General Fund. Sufficient reserves remain in the fund. C ITY OF SARATOGA NON DEPARTMENTAL C - 160 RISK MANAGEMENT / LIABILITY 2007/08 2008/09 2009/10 2009/10 2010/11 Actuals Actuals Adjusted Estimated Proposed SOURCE OF FUNDS Beginning Fund Balance Undesignated 24,079 152,768 226,950 226,950 241,493 Total Beginning Fund Balance 24,079$ 152,768$ 226,950$ 226,950$ 241,493$ Revenues Taxes - - - - - Intergovernmental Revenues - 16,791 - 11,987 54,000 Fees, Licenses and Permits 2,352 83 5,000 252 2,500 Charge for Services - - - - Other Sources 28,826 1,090 50,000 4,677 25,000 Internal Service Charges 288,636 286,268 250,000 250,000 200,000 Total Revenues 319,814$ 304,232$ 305,000$ 266,916$ 281,500$ TOTAL SOURCE OF FUNDS 343,893$ 457,000$ 531,950$ 493,866$ 522,993$ USE OF FUNDS Expenditures Salaries and Benefits 33,582 8,798 32,406 22,742 41,321 Operating Expenditures Materials & Supplies 3,653 11,998 - 16,107 54,000 Fees & Charges 14,206 45,745 75,000 5,596 25,000 Consultant & Contract Services - 1,119 10,000 - - Meetings & Training 618 839 - - - Insurance Premiums 139,066 161,550 225,455 207,929 222,845 Fixed Assets - - - - - Internal Service Charges - - - - 298 Total Expenditures 191,125$ 230,050$ 342,861$ 252,373$ 343,464$ Operating Transfers Transfer Out - - - - 50,000 Total Operating Transfers -$ -$ -$ -$ 50,000$ Ending Fund Balance Undesignated 152,768 226,950 189,089 241,493 129,528 Total Ending Fund Balance 152,768$ 226,950$ 189,089$ 241,493$ 129,528$ TOTAL USE OF FUNDS 343,893$ 457,000$ 531,950$ 493,866$ 522,993$ SUMMARY OF REVENUES AND EXPENDITURES C ITY OF SARATOGA NON DEPARTMENTAL C - 161 RISK MANAGEMENT / LIABILITY FY 2010/11 OBJECTIVES Premium Management –In an effort to minimize insurance claims, ABAG offers safety training in areas which produce a high liability risk. The City will continue to pursue available training programs, attend seminars, and workshops in an effort to emphasize safety and minimize premiums. ABAG Safety Framework Program Grant –Staff will utilize the Safety Framework Grant to establish policies, procedures, and create safety standards to improve overall workplace safety, thereby minimizing risk factors. ABAG Risk Management Training Grant - Staff will utilize grant funding to attend a Playground Safety Training Workshop to augment safety at city playground facilities. ABAG Risk Management Program Grant – This grant will fund safety improvements and preventative maintenance at selected playground facilities recommended by ABAG inspectors, in the effort to reduce liability exposure and limit the number and amount of claims received. KEY SERVICES • Facilitate implementation of risk management best practices to increase public and staff’s safety, and reduce the City’s liabilities • Facilitate claim processing and reimbursements for the City, in coordination with the staff, the City Manager, and the City Attorney Full Time Equivalents (FTE) 2007/08 2008/09 2009/10 2010/11 City Staff Funded Funded Funded Funded Recreation & Facilities Director - - 0.20 0.20 City Clerk 0.25 0.25 - - Human Resources Manager - - - - Total FTE's 0.25 0.25 0.20 0.20 2007/08 2008/09 2009/10 2010/11 Temporary Staff Funded Funded Funded Funded Clerical - - - - HR Administrative Assistant I, II - - - - Total Annual Hours - - - - RISK MANAGEMENT / LIABILITY STAFF C ITY OF SARATOGA NON DEPARTMENTAL C - 162 RISK MANAGEMENT / LIABILITY 2007/08 2008/09 2009/10 2010/11 Performance Objectives and Measures Actual Actual Estimated Budget 1. a.Contracts reviewed for compliance with Liability Insurance requirements within 48 hours of receipt: Information not available Information not available 100%100% b.Number of Liability Claims processed within 48 hours of receipt: Information not available Information not available 100%100% c.Quarterly City-owned facility inspections conducted:Information not available Information not available 100%100% 2007/08 2008/09 2009/10 2010/11 Activity and Workload Highlights Actual Actual Estimated Budget 1 Information not available Information not available Information not available 2 2 Information not available Information not available Information not available 12 3 Information not available Information not available Information not available 12 ABAG risk management annual goals and objectives -- ADA transition plan and Playground imrpovement plans: Regular inspections and reporting -- streets, sidewalks, urban forest, parks, buildings, and equipment: Number of Liability Claims received: Provide timely, comprehensive Risk Management services to the City to reduce liability and claims costs. C ITY OF SARATOGA NON DEPARTMENTAL C - 163 WWOORRKKEERRSS CCOOMMPPEENNSSAATTIIOONN FFUUNNDD The City is a member of the Association of Bay Area Government’s (ABAG) insurance pool for Workers’ Compensation coverage. The workers’ compensation program provides insurance benefit coverage for an employee’s work-related illness and injuries. The Workers Compensation pool allows the City to share risk with other jurisdictions as Saratoga is too small to self-insure independently. ABAG’s shared risk pool has four members and is managed by a third party administrator, Gregory Bragg & Associates, to handle the day-to-day workers’ compensation claims administration. The City self-insures through this pool up to $250,000, and belongs to the Local Agency Workers’ Compensation Excess (LAWCX) Joint Powers Authority for the purpose of pooling for excess insurance. BUDGET OVERVIEW The annual revenue appropriation for this fund represents the service charge-back to the departments, based on the program’s operational costs and the level of risk for the various job classifications. Program costs covered in the internal service rates include $201,195 for the Workers Compensation Insurance premium fees and another $20,000 budgeted for claims. Another $27,250 is budgeted for program expenses which include: staff costs; wellness grant supplies; and ergonomic evaluations. There is .05 FTE of the Human Resource Manager’s position and 200 hours of HR Assistant budgeted for the administration of this program. With the General Fund’s budget difficulties this fiscal year, $25,000 of the Workers Compensation Fund Balance will be transferred back to the General Fund. Sufficient reserves remain in the fund. C ITY OF SARATOGA NON DEPARTMENTAL C - 164 WORKERS COMPENSATION 2007/08 2008/09 2009/10 2009/10 2010/11 Actuals Actuals Adjusted Estimated Proposed SOURCE OF FUNDS Beginning Fund Balance Undesignated - 47,735 123,033 123,033 181,415 Total Beginning Fund Balance -$ 47,735$ 123,033$ 123,033$ 181,415$ Revenues Taxes - - - - - Intergovernmental Revenues - 10,000 10,000 10,000 10,000 Fees, Licenses and Permits - - - - - Charge for Services - - - - - Other Sources - - - - - Internal Service Charges 247,000 260,920 250,000 250,000 215,000 Total Revenues 247,000$ 270,920$ 260,000$ 260,000$ 225,000$ TOTAL SOURCE OF FUNDS 247,000$ 318,655$ 383,033$ 383,033$ 406,415$ USE OF FUNDS Expenditures Salaries and Benefits 7,817 8,424 8,700 8,696 16,474 Operating Expenditures Materials & Supplies - 10,737 10,000 10,000 10,000 Fees & Charges - - - - - Consultants & Contract Service - 715 6,000 348 1,000 Meetings & Training - - - - - Insurance Premiums 191,448 175,745 241,181 182,575 195,195 Operating Expenditures 191,448 187,197 257,181 192,923 206,195 Fixed Assets - - - - - Internal Service Charges - - - - 122 Total Expenditures 199,265$ 195,622$ 265,881$ 201,618$ 222,791$ Operating Transfers Transfer Out - - - - 25,000 Total Operating Transfers -$ -$ -$ -$ 25,000$ Ending Fund Balance Undesignated 47,735 123,033 117,152 181,415 158,624 Total Ending Fund Balance 47,735$ 123,033$ 117,152$ 181,415$ 158,624$ TOTAL USE OF FUNDS 247,000$ 318,655$ 383,033$ 383,033$ 406,415$ SUMMARY OF REVENUES AND EXPENDITURES C ITY OF SARATOGA NON DEPARTMENTAL C - 165 WORKERS COMPENSATION FY 2010/11 OBJECTIVES Wellness Program Initiative (funded by ABAG Grant) - The Human Resources Division will continue its wellness program initiative and account for all costs associated with the operation of the program. Statistically, the wellness program initiative has proven successful in minimizing the exposure to incidents which may cause loss to the City or injury to its employees. The Wellness Program Initiative will continue to provide benefits to employees that result in increasing productivity, reducing absenteeism, reducing health care costs, and improving morale. Workers Compensation Employee and Supervisor Awareness – The Human Resources Division will improve employees’ (both injured workers and supervisors) understanding of the workers ‘compensation program through educational materials and training, including providing reports to management regarding status of claims and settlements. KEY SERVICES • Minimize the City’s exposure to losses through work safety, employee wellness, and ergonomic programs • Coordinate the Worker Compensation Program with third party administrator • Provide timely reporting of employee injury reports • Provide information to employees regarding workers’ compensation insurance Full Time Equivalents (FTE) 2007/08 2008/09 2009/10 2010/11 City Staff Funded Funded Funded Funded Recreation & Facilities Director - - - - City Clerk - - - - Human Resources Manager 0.05 0.05 0.05 0.05 Total FTE's 0.05 0.05 0.05 0.05 2007/08 2008/09 2009/10 2010/11 Temporary Staff Funded Funded Funded Funded Clerical - - - - HR Administrative Assistant I, II 100 - - 200 Total Annual Hours 100 - - 200 WORKERS COMPENSATION STAFF C ITY OF SARATOGA NON DEPARTMENTAL C - 166 WORKERS COMPENSATION 2007/08 2008/09 2009/10 2010/11 Performance Objectives and Measures Actual Actual Estimated Budget 1. a.Managing workers compensation claims process and reporting requirements to ensure compliance with current workers compensation laws and City policies and procedures. 100%100%100%100% b.Regularly inspect injury claim files to insure they are up to date, including all applicable information is in the file. 100%100%100%100% c.Keep procedures up to date and ensure employees have been trained and are well-versed in the claims process. 100%100%100%100% 2007/08 2008/09 2009/10 2010/11 Activity and Workload Highlights Actual Actual Estimated Budget 1 8 7 1 1 2 4 10 1 1 3.Lost time in full work days:42 214 275 177 Provide effective, efficient, and timely claims administration, working closely with supervisors, injured workers and workers compensation insurance carrier. New claims (based on date of claim): Closed claims (based on date closed): C ITY OF SARATOGA NON DEPARTMENTAL C - 167 SERIES 2001 GENERAL OBLIGATION BOND DEBT SERVICE The City of Saratoga’s General Obligation Bonds, Series 2001 (Saratoga Library Expansion Project) were issued by the City of Saratoga pursuant to Chapter 4 of Division 4 of Title 4 of the California Government Code, and a resolution of the Saratoga City Council authorizing the issuance of the Bonds. The Bonds were approved by more than two-thirds of the electors of the City voting at a general municipal election held on March 7, 2000. The Bonds were issued to improve, renovate, and expand the Saratoga Community Library and to pay for the issuance costs of the Bonds. Bonds constitute general obligations of the City, and the vote to approve the bond authorized the establishment of a property tax levy to fund debt service payments. The property tax levy is added to Saratoga property owner’s annual property tax bill, collected by the County Assessor, and subsequently submitted to the City. The principal and interest on the bonds is payable on February 1 and August 1 of each year, commencing February 1, 2002, and ending August 1, 2031. Saratoga uses the Bank of New York Western Trust Company as its fiscal agent to administer the debt servicing of the bonds. To ensure compliance with IRS Code and US Treasury Obligations, NBS Government Services provides services related to arbitrage rebate calculations and consulting services. NBS will also assist in compliance with the annual disclosure regulations of the SEC continuing disclosure Rule 15c.2-12. BUDGET OVERVIEW The FY 2010/11 revenue budget reflects the estimated total of Saratoga property owners’ property tax levy which is collected along with their annual property taxes and interest earned on the fund’s balance. The assessed levy is calculated to obtain a slight underfunding of the annual debt service in order to utilize a portion of the fund balance over the life of the loan; however with increasing property values, the bond assessment collected has exceeded projections in the last few years. This is expected to decrease in FY 2010/11 with the negative growth rate. A reserve is maintained in this Debt Service Fund provides for late or non-payments of property tax levies and ensures cash is available in the fund for bond payments prior to tax levy receipts. The fund balance is reduced minimally each year, and will be fully eliminated at the close of the bond debt service in 2031. C ITY OF SARATOGA NON DEPARTMENTAL C - 168 LIBRARY GO BOND DEBT SERVICE 2007/08 2008/09 2009/10 2009/10 2010/11 Actuals Actuals Adjusted Estimated Proposed SOURCES OF FUNDS Beginning Fund Balance Designated - - - - - Undesignated 746,556 853,619 931,360 931,360 959,554 Total Beginning Fund Balance 746,556$ 853,619$ 931,360$ 931,360$ 959,554$ Revenues Taxes 1,112,515 1,077,093 950,000 1,030,000 950,000 Intergovernmental Revenues - - - - - Fees, Licenses and Permits - - - - - Charge for Services - - - - - Other Sources - - - - - Interest 10,489 15,198 10,000 13,600 12,000 Total Revenues 1,123,004$ 1,092,291$ 960,000$ 1,043,600$ 962,000$ TOTAL SOURCE OF FUNDS 1,869,560$ 1,945,910$ 1,891,360$ 1,974,960$ 1,921,554$ USE OF FUNDS Expenditures Salaries and Benefits - - - - - Operating Expenditures - - - - - Debt Service 1,015,941 1,014,550 1,015,556 1,015,406 1,019,656 Fixed Assets - - - - - Internal Service Charges - - - - - Total Expenditures 1,015,941$ 1,014,550$ 1,015,556$ 1,015,406$ 1,019,656$ Operating Transfers Transfer Out - - - - - Total Operating Transfers -$ -$ -$ -$ -$ Ending Fund Balance Designated - - - - - Undesignated 853,619 931,360 875,804 959,554 901,898 Total Ending Fund Balance 853,619$ 931,360$ 875,804$ 959,554$ 901,898$ TOTAL USE OF FUNDS 1,869,560$ 1,945,910$ 1,891,360$ 1,974,960$ 1,921,554$ SOURCE & USE OF FUNDS C ITY OF SARATOGA NON DEPARTMENTAL C - 169 LIBRARY GO BOND DEBT SERVICE August August February Fiscal Year Bond Fiscal Interest Annual Interest Interest Annual Debt Principal Year Rate Principal Payment Payment Interest Service Balance @ YE Initial Bond Offering at May 9, 2001 - - 15,000,000 2001/02 5.000%- - 588,942 588,942 588,942 15,000,000 2002/03 5.000%60,000 392,628 391,128 783,756 843,756 14,940,000 2003/04 5.000%245,000 391,128 385,003 776,131 1,021,131 14,695,000 2004/05 5.000%255,000 385,003 378,628 763,631 1,018,631 14,440,000 2005/06 5.000%270,000 378,628 371,878 750,506 1,020,506 14,170,000 2006/07 5.000%280,000 371,878 364,878 736,756 1,016,756 13,890,000 2007/08 6.000%295,000 364,878 356,028 720,906 1,015,906 13,595,000 2008/09 6.000%310,000 356,028 346,728 702,756 1,012,756 13,285,000 2009/10 6.000%330,000 346,728 336,828 683,556 1,013,556 12,955,000 2010/11 6.000%350,000 336,828 326,328 663,156 1,013,156 12,605,000 2011/12 6.000%370,000 326,328 315,228 641,556 1,011,556 12,235,000 2012/13 5.000%395,000 315,228 305,353 620,581 1,015,581 11,840,000 2013/14 5.000%415,000 305,353 294,978 600,331 1,015,331 11,425,000 2014/15 5.000%435,000 294,978 284,103 579,081 1,014,081 10,990,000 2015/16 5.000%455,000 284,103 272,728 556,831 1,011,831 10,535,000 2016/17 5.000%440,000 272,728 261,728 534,456 974,456 10,095,000 2017/18 5.000%460,000 261,728 250,228 511,956 971,956 9,635,000 2018/19 5.000%485,000 250,228 238,103 488,331 973,331 9,150,000 2019/20 5.000%510,000 238,103 225,353 463,456 973,456 8,640,000 2020/21 5.125%535,000 225,353 211,644 436,997 971,997 8,105,000 2021/22 5.125%565,000 211,644 197,166 408,809 973,809 7,540,000 2022/23 5.125%590,000 197,166 182,047 379,213 969,213 6,950,000 2023/24 5.125%625,000 182,047 166,031 348,078 973,078 6,325,000 2024/25 5.250%655,000 166,031 148,838 314,869 969,869 5,670,000 2025/26 5.250%690,000 148,838 130,725 279,563 969,563 4,980,000 2026/27 5.250%730,000 130,725 111,563 242,288 972,288 4,250,000 2027/28 5.250%765,000 111,563 91,481 203,044 968,044 3,485,000 2028/29 5.250%805,000 91,481 70,350 161,831 966,831 2,680,000 2029/30 5.250%850,000 70,350 48,038 118,388 968,388 1,830,000 2030/31 5.250%890,000 48,038 24,675 72,713 962,713 940,000 2031/32 5.250%940,000 24,675 - 24,675 964,675 - TOTALS 15,000,000 7,480,416 7,676,730 15,157,146 30,157,146 Total Bond Principal 15,000,000 Total Bond Interest 15,157,146 Total Cost of Bond 30,157,146 2001 Series General Obligation Bonds Debt Schedule C ITY OF SARATOGA NON DEPARTMENTAL C - 170 C ITY OF SARATOGA NON DEPARTMENTAL C - 171 LIBRARY CAPITAL IMPROVEMENT TRUST FUND The Library Capital Improvement Trust Fund accounts for the remaining bond proceeds from the sale of the 2001 Library General Obligation Bonds. These Trust Fund monies are not City funds; the City merely acts in a fiduciary capacity to administer the use of these funds in accordance with the bond issuance. The Library Bond passed by voters in March 2000 specified the bond’s proceeds be used to improve, renovate, and expand the Saratoga Community Library and to pay costs of the issuance of the bonds. Funds cannot be used for annual maintenance, administrative expenses, furniture, fixtures, library equipment, or staffing costs. With bond funds remaining after the Library Building renovation was completed, bond counsel clarified that the remaining funds could be used for improvements to the Library building or site with a life of more than a year. A Citizen’s Oversight Committee was required by the bond measure to ensure that Library renovation and expansion funds are used in accordance with the intention of the voters. After the building was primarily completed, the Citizen’s Oversight Committee was disbanded. In FY 2006/07, the Library Commission accepted the duties of the Citizen’s Oversight Committee as part of the Library Commission function. These duties require the review and approval of staff’s proposed capital improvement projects and contract costs, for budget approval by the City Council. BUDGET OVERVIEW With the anticipation that the improvement funds will be utilized for several capital improvement projects in FY 2010/11, the remaining funds from the bond issue set aside for this purpose will be transferred to the CIP Library Improvement project at the start of the fiscal year. The Library Commission and the new Library Manager will review and approve all proposed projects and design work prior to proposals going to the City Council for approval. The City’s Facilities Manager will oversee and coordinate the planned projects as the Library is a City owned building. C ITY OF SARATOGA NON DEPARTMENTAL C - 172 LIBRARY CAPITAL IMPROVEMENT TRUST FUND 2007/08 2008/09 2009/10 2009/10 2010/11 Actuals Actuals Adjusted Estimated Proposed SOURCES OF FUNDS Beginning Fund Balance Designated - - - - - Undesignated 684,553 693,929 354,395 354,395 345,033 Total Beginning Fund Balance 684,553$ 693,929$ 354,395$ 354,395$ 345,033$ Revenues Intergovernmental Revenues - - - - - Fees, Licenses and Permits - - - - - Charge for Services - - - - - Other Sources - - - - - Interest Income 17,158 9,358 10,000 2,150 - Total Revenues 17,158$ 9,358$ 10,000$ 2,150$ -$ Operating Transfers Transfer In - - - 32,615 - Total Operating Transfers -$ -$ -$ 32,615$ -$ TOTAL SOURCE OF FUNDS 701,711$ 703,287$ 364,395$ 389,159$ 345,033$ USE OF FUNDS Expenditures Salaries and Benefits - - - - - Operating Expenditures - - - - - Fixed Assets 7,782 38,893 15,000 11,106 - Internal Service Charges - - - - - Total Expenditures 7,782 38,893 15,000 11,106 - Operating Transfers Transfer Out - 310,000 33,020 33,020 345,033 Total Operating Transfers -$ 310,000$ 33,020$ 33,020$ 345,033$ Ending Fund Balance Designated - - - - - Undesignated 693,929 354,395 316,375 345,033 - Total Ending Fund Balance 693,929$ 354,395$ 316,375$ 345,033$ -$ TOTAL USE OF FUNDS 701,711$ 703,287$ 364,395$ 389,159$ 345,033$ SOURCE & USE OF FUNDS C ITY OF SARATOGA NON DEPARTMENTAL C - 173 KSAR COMMUNITY ACCESS TELEVISION TRUST FUND The KSAR Community Access Television (CATV) Trust Fund accounts for Public, Education, and Government (PEG) fee funds deposited with the City by the CATV Foundation Board, which are held in trust for investment purposes until utilized by the KSAR board. The funds on deposit are included in the City’s investment portfolio, and accrue interest at the same rate as the rest of the City’s deposits, but are not City Funds. BUDGET OVERVIEW The FY 2010/11 budget reflects revenues received under the new State based cable contract which allocates 1% of cable revenues to the local community public television foundation. In Saratoga, both Comcast and AT&T provide cable services to the community. AT&T began operations under the State’s 1% allocation rule in FY 2006/07; however the Comcast contract did not expire until September 30, 2008 and therefore did not fall under the State contract until October 1, 2008 with the requirement to submit the 1% PEG fee to KSAR. Franchise Fee revenues are expected to provide approximately $68,000 in FY 2010/11. In addition to the revenues, interest earnings based on fund balance and current interest rates is expected to bring in approximately $500 over the next year. As these PEG Franchise Fee revenues are to be utilized solely for capital expenditures, KSAR moved their operating funds from this trust fund to a separate savings account in FY 2009/10. This allows KSAR access as needed to these operational funds, leaving the Trust Fund moneys to build a base for capital expenditures. The full amount of funds is budgeted for withdrawal to allow KSAR flexibility in the use of their funds. C ITY OF SARATOGA NON DEPARTMENTAL C - 174 KSAR TRUST FUND 2007/08 2008/09 2009/10 2009/10 2010/11 Actuals Actuals Adjusted Estimated Proposed SOURCES OF FUNDS Beginning Fund Balance Designated - - - - - Undesignated 64,862 38,661 84,603 84,603 105,588 Total Beginning Fund Balance 64,862$ 38,661$ 84,603$ 84,603$ 105,588$ Revenues Taxes 2,096 44,947 64,000 68,000 68,000 Intergovernmental Revenues - - - - - Fees, Licenses and Permits - - - - - Charge for Services - - - - - Other Sources - - - - - Interest Income 1,703 994 1,200 450 500 Total Revenues 3,799$ 45,942$ 65,200$ 68,450$ 68,500$ TOTAL SOURCE OF FUNDS 68,661$ 84,603$ 149,803$ 153,053$ 174,088$ USE OF FUNDS Expenditures Salaries and Benefits - - - - - Operating Expenditures - - - - - Fixed Assets - - - - - Funds (Addition)/Withdrawal 30,000 - 100,000 47,465 174,088 Total Expenditures 30,000$ -$ 100,000$ 47,465$ 174,088$ Operating Transfers Transfer Out - - - - - Total Operating Transfers -$ -$ -$ -$ -$ Ending Fund Balance Designated - - - - - Undesignated 38,661 84,603 49,803 105,588 - Total Ending Fund Balance 38,661$ 84,603$ 49,803$ 105,588$ -$ TOTAL USE OF FUNDS 68,661$ 84,603$ 149,803$ 153,053$ 174,088$ SOURCE & USE OF FUNDS