Loading...
HomeMy WebLinkAbout2Budget Overview SARATOGA CITY COUNCIL MEETING DATE: January 29, 2010 AGENDA ITEM: DEPARTMENT: Finance & Administrative Services CITY MANAGER: Dave Anderson PREPARED BY: Mary Furey DIRECTOR: Mary Furey SUBJECT: FY 2009/10 Mid-Year Budget Status Report and Budget Adjustment Resolution RECOMMENDED ACTION: Review FY 2009/10 budget status report and proposed budget adjustments, and adopt resolution approving the City’s FY 2009/10 Operating Budget amendments. REPORT SUMMARY: As the current economic downturn has developed into the longest and deepest contraction in many, many decades, the City’s revenues declined much further than we had anticipated last spring. For example, at budget adoption, our revenue projections reflected a 37% decline in development revenues from the prior year’s adopted budget, whereas our revised projections reflect a 52% decline. To put the economic impact into actual dollars, we are now expecting that we will see a $650,000 drop in planning and building revenues this year, from the high of two years ago. Overall, General Fund Revenues are expected to come in almost $758,000 (5%) less than last year, and $1,487,000 (9%) less than two years ago. While economic downturns are common cyclical events, and are expected to occur from time to time, this one has been described as the most severe in the post-war era and is impacting City revenues far more than we anticipated or have experienced in the past. The magnitude of the revenue shortfalls requires that the City’s adopted budget be revised to reflect the overall projected decrease. For the current year, we are projecting a shortfall of $50,000 in planning revenues, and $240,000 in building revenues from budgeted revenues. Engineering’s development revenues are suffering the same economic hits with an expected $50,000 shortfall from budgeted revenues. Recreation, while making cost recovery headway from last year, is feeling the impact of the economic recession with fewer classes and camps offerings due to lower enrollment. The revised recreation class revenues show a drop of $60,000 from budget, and another $10,000 reduction in camp fees. While Sales Tax was projected at reduced levels due to the anticipation of falling retail and restaurant activity, the revenue is taking a further hit as a result of the State overpaying the City in the prior year based on pre-recession levels of estimated payments. This has resulted in the prior year’s overpayment being charged against current year revenues. Staff is recommending reducing the Sales Tax revenue appropriation by $25,000. Prop 172 Sales Tax is also coming in lower than anticipated, but it is unclear if this is due to lower sales tax receipts, or increases in State fees for administering the Prop 172 allocation program. We are also seeing increased State administration fees in the VLF program, so these tax receipts too have been reduced. We are recommending a reduction in Prop 172 Sales Tax revenues of $25,000, and in VLF fees of $15,000. Transient Occupancy Tax earnings are also reflecting lower than anticipated receipts, and staff is recommending a $10,000 budget reduction. Construction Tax is charged as a percentage of building permits. This revenue shortfall is directly related to the reduction in building activity, and staff is recommending a budget decrease of $15,000. Of particular note, is the impact this economic downturn has had on interest earnings. In FY 2006/07, the City earned $715,000 in interest when rates hovered around 5.1%. In FY 2007/08, the City earned $616,000 as rates dropped to an average of 4.4%, and in FY 2008/09, interest earnings dropped to $341,000 as rates continued to drop further to an average of 2.2%. For this year, we are now expecting approximately $170,000 in earnings as interest rates have dropped to an average of .75% as of mid-year. This extreme reduction in interest earnings is due in part to historic low rates, but it is also due to the reduction in revenue receipts, the delays in state and county payments, and ongoing operating and capital expenditures, which all contribute to decreasing fund balances. In summary of the above discussion, General Fund budgeted revenue are proposed to be reduced in the following categories: Revenue Shortfalls: Planning Design Review 50,000 Building Permits 240,000 Engineering Review 10,000 Engineering Subdivision Plan Check 20,000 Recreation Classes 60,000 Recreation Camps 10,000 Prop 172 Sales Tax 25,000 Sales Tax 25,000 TOT 10,000 Construction Tax 15,000 VLF Fees 15,000 Interest Income 150,000 Total General Fund Revenue Budget Reductions 630,000 To align budgeted expenditures with the reduction in budgeted revenues, staff assessed the current year’s departmental budgets to find appropriate areas in which cuts could be made that would not significantly affect current operations, or where expenditures could be delayed. Budget cuts include General Fund reductions in supplies, materials, fees, and services, the elimination of budgeted salary and unemployment costs that will not be used, and an overall tightening of the belt across all departments. Internal Service Fund appropriations were reduced where available to reduce the charge-back fees to the General Fund. For example, the budget cuts will delay vehicle replacements, and reduce funding for some building maintenance services. The $480,000 of budget cuts are shown by category groups in the schedule on the following page. The recommended budget adjustment also includes a $50,000 transfer from the IT Equipment Replacement Fund to the General Fund as a result of the telephone upgrade project costing significantly less than the funding that was available for the project. These funds were originally transferred into the IT Equipment Replacement Fund from the General Fund several years ago for the IT upgrade project, therefore it is recommended they be transferred back into the General Fund. Additionally, the FY 2009/10 budget was adopted in June with budgeted revenues appropriations exceeding budgeted expenditure appropriations by $150,000 as a buffer to offset the revenue instability we were experiencing. The recommended budget adjustment utilizes $100,000 of the budgeted offset, with $50,000 of the offset remaining as a buffer through year-end. Expenditure Cuts: General Fund Salary / Temp 43,900 General Materials & Supplies 68,375 Maintenance Materials & Supplies 3,000 Services Fees – bank fees, legal publications 7,200 Dues & Memberships 2,270 EDD Unemployment Charges 10,000 Records Management Services 18,000 GIS Services 5,500 Street Sweeping, Tree & Trail Maintenance, Turf Top 54,000 Environmental Services 2,000 Financial and Audit Services 12,400 Legal Services 5,000 Engineering Consultants 20,500 Meetings & Events 12,450 Training & Conferences 26,995 Other Miscellaneous 18,410 Total General Fund Budget Cuts 310,000 Internal Service Funds Offices Stores 17,000 Equipment Maintenance 17,000 Building Maintenance 46,000 Vehicle & Equipment Replacement 90,000 Total Internal Service Fund Budget Cuts 170,000 TOTAL Expenditure Cuts 480,000 Transfer to General Fund: IT Equip Repl Fund Balance 50,000 Reduce General Fund Budget Offset: Rev > Exp 100,000 NET BUDGET ADJUSTMENT 630,000 FISCAL IMPACTS: Upon Council approval, revenue and expenditure operating budget appropriations will be amended. CONSEQUENCES OF NOT FOLLOWING RECOMMENDED ACTION: Revenue and expenditure budget appropriations will not be amended as recommended ALTERNATIVE ACTION: Council could provide alternative direction FOLLOW UP ACTION: Staff will post budget adjustment ADVERTISING, NOTICING AND PUBLIC CONTACT: N/A ATTACHMENTS: Attachment A – Resolution Attachment B – Budget Appropriation Details ATTACHMENT - A RESOLUTION NO. 2010-___ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA AMENDING THE ANNUAL BUDGET FOR FISCAL YEAR 2009/10 TO ADJUST REVENUE, EXPENDITURE, AND TRANSFER APPROPRIATIONS TO REVISED LEVELS WHEREAS, the City of Saratoga FY 2009/10 General Fund revenues were reviewed at mid-year and projected through year-end to determine estimated revenues for the fiscal year, and; WHEREAS, it was determined that a number of the revenues receipts would not be sufficient to meet budgeted revenue estimates, and; WHEREAS, the City Council desires to adopt revenue, expenditure, and transfer budget appropriations at the revised projection levels, and; WHEREAS, it is necessary to amend the City of Saratoga FY 2009/10 budget to reduce revenue and expenditure appropriations and to increase transfer appropriations to be in alignment with the revised projections; NOW THEREFORE, BE IT RESOLVED, that the City Council of the City of Saratoga hereby amends the Fiscal Year 2009/10 Operating & Capital Budget as shown in the following attached appropriation adjustments in the Mid-Year Budget Status Report – Attachment B; AND BE IT FURTHER RESOLVED, that the Finance and Administrative Services Director is directed to record these changes into the City’s accounting records in accordance with appropriate accounting practices. The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 29th day of January, 2010 by the following vote: AYES: NOES: ABSENT: ABSTAIN: ______________________________ Kathleen King, Mayor ATTEST: _____________________________ Ann Sullivan, City Clerk ATTACHMENT - B PROGRAM ACCOUNT ACCOUNT TITLE BUDGET REDUCTION GENERAL FUND REVENUE PROJECTED SHORTFALL 1114101 44443 DESIGN REVIEW 50,000 1114201 43471 BUILDING PERMITS 240,000 1115101 44511 ENGINEERING REVIEW 10,000 1115101 44515 ENGINEERING SUBDIVISION PLAN CHECK 20,000 1116101 44611 CLASSES & SPECIAL PROGRAMS 60,000 1116101 44612 CAMP FEES 10,000 1117101 42431 PROP 172 SALES TAX 25,000 1118101 41211 SALES TAX 25,000 1118101 41311 TOT 10,000 1118101 41511 CONSTRUCTION TAX 15,000 1118101 42411 VLF FEES 15,000 1118101 46111 INTEREST INCOME 150,000 TOTAL GENERAL FUND REVENUE REDUCTIONS 630,000 GENERAL FUND BUDGET CUTS CITY COUNCIL 1111101 61111 OFFICE SUPPLIES 500 1111101 62212 SILICON VALLEY JOINT VENT 500 1111101 66112 COUNCIL MTG EXPENSES 4,000 1111101 66211 TRAINING & CONFERENCES 3,195 1111101 66212 TRAVEL & LODGING 1,000 1111101 66213 MILEAGE REIMBURSEMENT 500 CITY COMMISSIONS 1111201 61162 TRAFFIC SAFETY COMMITTEE 350 1111201 61164 HPC COMMITTEE 2,200 1111201 61165 YOUTH COMMITTEE 500 1111201 66131 COMM RECOGNITION DINNER 600 CITY MANAGER'S OFFICE 1112101 51112 TEMP HOURS 1,900 1112101 51200 VACATION BUY-BACK 17,000 1112101 61111 OFFICE SUPPLIES 500 1112101 66111 MEETING EXPENSES 2,500 1112101 66211 TRAINING & CONFERENCES 2,550 1112101 66212 TRAVEL & LODGING 4,000 CITY CLERK 1112201 61111 OFFICE SUPPLIES 1,000 1112201 64112 RECORDS MANAGEMENT SVCS 18,000 1112201 64141 CODIFICATION SERVICES 1,500 HUMAN RESOURCES 1112301 62162 REPORT/STUDY FEES 200 1112301 64161 FINGERPRINTING SERVICES 350 1112301 64162 SALARY SURVEY SERVICES 600 1112301 66111 MEETING EXPENSES 300 1112301 66121 EMPLOYEE RECOGNITION PGM 2,500 1112301 66122 EMPLOYEE EVENTS 2,200 1112301 66212 TRAVEL & LODGING 2,000 1112301 66213 MILEAGE REIMBURSEMENT 250 1112301 66311 RECRUITMENT ADVERTISING 2,850 1112301 66321 ORAL BOARD EXPENSES 300 1112301 66322 TESTING MATERIALS 100 ATTACHMENT - B PROGRAM ACCOUNT ACCOUNT TITLE BUDGET REDUCTION FINANCIAL SERVICES 1113101 61111 OFFICE SUPPLIES 1,000 1113101 61123 PRINT STOCK-LH/FORMS/CHKS 2,500 1113101 61172 OFFICE FURNITURE < $10K 10,000 1113101 62111 BANK FEES & CHARGES 3,000 1113101 65131 FINANCIAL AUDIT SERVICES 2,400 1113101 65133 OTHER AUDIT SERVICES 10,000 1113101 66211 TRAINING & CONFERENCES 2,500 1113101 66212 TRAVEL & LODGING 1,250 1113101 66214 TUITION REIMBURSEMENT 1,500 DEVELOPMENT REVIEW 1114101 61112 POSTAGE 4,000 1114101 61113 SUBSCRIPTION/PUBLICATIONS 1,000 1114101 61114 COMPUTER SUPPLIES 200 1114101 62132 LEGAL PUBLIC NOTICES 2,000 1114101 64341 GIS SYSTEM SERVICES 500 1114101 65254 LEGAL- APPLICANT SERVICES 5,000 1114101 65511 TRAFFIC ENGINEERS 500 1114101 66211 TRAINING & CONFERENCES 1,000 1114101 66214 TUITION REIMBURSEMENT 2,000 CODE COMPLIANCE 1114103 61111 OFFICE SUPPLIES 500 BUILDING & INSPECTION 1114201 61112 POSTAGE 400 1114201 61113 SUBSCRIPTION/PUBLICATIONS 1,275 1114201 66211 TRAINING & CONFERENCES 1,000 1114201 66212 TRAVEL & LODGING 500 GENERAL ENGINEERING 1115101 61112 POSTAGE 1,000 1115101 62233 VTA CONGESTION MGMT DUES 1,520 1115101 62251 PROFESSIONAL ASSOC DUES 250 1115101 64341 GIS SYSTEM SERVICES 2,500 1115101 65511 TRAFFIC ENGINEERS 20,000 1115101 66111 MEETING EXPENSES 250 1115101 66211 TRAINING & CONFERENCES 1,000 1115101 66212 TRAVEL & LODGING 50 ENGINEERING DEVELOPMENT 1115102 64341 GIS SYSTEM SERVICES 2,500 ENVIRONMENTAL 1115103 64531 STREET SWEEPING SERVICES 10,000 1115103 64733 STORM WATER TESTING 2,000 STREETS & STORM DRAINS 1115201 64544 TREE MAINTENANCE SERVICES 12,000 1115201 64545 PEST & WEED ABATEMENT 4,500 PARK & LANDSCAPE SERVICES 1115301 61341 LANDSCAPE SUPPLIES 3,000 1115301 62611 EQUIPMENT RENTALS 400 1115301 64532 REFUSE CONTAINER SERVICES 2,000 1115301 64542 N. CAMPUS LANDSCAPE SERV 2,000 1115301 64553 TURF TOP DRESSING SERV.15,000 1115301 64555 TRAIL MAINT. SERVICES 8,500 1115301 66212 TRAVEL & LODGING 100 ATTACHMENT - B PROGRAM ACCOUNT ACCOUNT TITLE BUDGET REDUCTION RECREATION 1116101 61111 OFFICE SUPPLIES 2,000 1116101 61171 OFFICE TOOLS & EQUIP < $10K 1,750 1116101 62112 CREDIT CARD FEES 2,000 1116101 62461 ASCAP FEES 160 1116101 62621 OFF-SITE FACILITY RENTAL 500 1116101 64121 PRINTING/BINDING SERVICES 2,000 1116101 64134 GRAPHIC/LAYOUT SERVICES 300 1116101 64161 FINGERPRINTING SERVICES 450 1116101 66111 MEETING EXPENSES 100 1116101 66214 TUITION REIMBURSEMENT 1,000 TEEN SERVICES 1116102 61111 OFFICE SUPPLIES 250 1116102 61112 POSTAGE 50 1116102 66211 TRAINING & CONFERENCES 300 FACILITY RENTALS 1116201 61111 OFFICE SUPPLIES 200 1116201 61112 POSTAGE 100 1116201 61133 FACILITY SUPPLIES 100 1116201 64121 PRINTING/BINDING SERVICES 200 1116201 66211 TRAINING & CONFERENCES 200 1116201 66213 MILEAGE REIMBURSEMENT 100 1116201 66214 TUITION REIMBURSEMENT 1,000 GENERAL ADMINISTRATION 1118101 51000 VACATION BUY-BACK 25,000 1118101 61111 OFFICE SUPPLIES 2,000 1118101 61115 CM GENERAL SUPPLIES 25,000 1118101 61172 OFFICE FURNITURE <$10K 10,000 1118101 62311 EDD UNEMPLOYMENT CHARGES 10,000 1118101 64121 PRINTING/BINDING SERVICES 3,000 COMMUNITY BUILDING EVENTS 1118302 68512 TASTE OF SARATOGA 700 1118302 68521 COMMUNITY EVENTS - GENL 3,800 1118302 68525 SISTER CITY CELEBRATION 1,200 TOTAL GENERAL FUND BUDGET CUTS 310,000 INTERNAL SERVICE FUND BUDGET CUTS OFFICE STORES PROGRAM 6213102 61111 OFFICE SUPPLIES 2,000 6213102 61112 POSTAGE 1,000 6213102 62613 POSTAGE MACHINE LEASE 14,000 EQUIPMENT MAINTENANCE 6235202 61362 FUEL 15,000 6235202 64611 VEHICLE REPAIR & MAINT 2,000 BUILDING MAINTENANCE 6246202 61111 OFFICE SUPPLIES 600 6246202 61133 FACILITY SUPPLIES 5,000 6246202 62614 DRINKING WATER EQUIP RENT 1,000 6246202 63111 GAS & ELECTRIC 2,000 6246202 63112 WATER 3,000 6246202 63113 REFUSE COLLECTION 3,000 6246202 63211 TELEPHONE 500 6246202 63212 CELL PHONES 400 ATTACHMENT - B PROGRAM ACCOUNT ACCOUNT TITLE BUDGET REDUCTION 6246202 64511 JANITORIAL/CLEANING SERV 5,000 6246202 64514 HVAC MAINTENANCE 2,000 6246202 64522 ROOF REPAIR SERVICES 4,000 6246202 64523 ELECTRICAL SERVICES 4,000 6246202 64524 PLUMBING SERVICES 3,000 6246202 64525 PAINTING SERVICES 5,000 6246202 64529 MISC BLDG REPAIR SERVICES 4,000 6246202 64545 PEST & WEED ABATEMENT 1,500 6246202 66111 MEETING EXPENSES 1,000 6246202 66214 TUITION REIMBURSEMENT 1,000 VEHICLE & EQUIPMENT REPLACEMENT 6315203 77111 AUTOMOBILES 90,000 TOTAL INTERNAL SERVICE FUND BUDGET CUTS 170,000 BUDGET TRANSFERS 6323202 99999 TRANSFER OUT - IT EQUIP REPLACEMENT 50,000 1118101 49999 TRANSFER IN - GENERAL FUND 50,000 BUDGET TRANSFERS IN 50,000 City of Saratoga Quarterly Revenue Report (After Budget Reduction) Page 1 of 2 Original Proposed Adjusted Receipts at Receipts at Receipts at Receipts at % of Actual Budget Budget Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Outstanding To FY 2009/10 Reduction FY 2009/10 (as of 9/30/09)(as of 12/31/09)(as of 3/31/10)(as of 6/30/10)Balance Adj Budget Taxes 4110 Property Tax 8,175,500 - 8,175,500 72,291 2,424,890 - - 5,678,319 30.54% 4120 Sales Tax 935,000 25,000 910,000 116,233 185,052 - - 608,715 33.11% 4130 Transient Occupancy Tax 150,000 10,000 140,000 21,307 34,871 - - 83,822 40.13% 4140 Business License Tax 325,000 - 325,000 72,546 67,490 - - 184,965 43.09% 4150 Construction Tax 180,000 15,000 165,000 29,058 34,610 - - 101,332 38.59% 4160 Franchise Fee Tax 1,675,000 1,675,000 180,500 276,175 - - 1,218,326 27.26% Total Taxes 11,440,500 50,000 11,390,500 491,934 3,023,087 - - 7,875,479 30.86% Intergovernmental Federal Intergovernmental 4210 Revenue - - - - - - - - 0.00% 4220 Grants - - - - - - - - 0.00% State Intergovernmental - - - - 0.00% 4240 Public Safety Tax / VLF / SB90 185,000 40,000 145,000 33,690 21,397 - - 89,913 37.99% 4250 Grants - COPS/SLESF 100,000 - 100,000 - 69,175 - - 30,825 69.17% Local Intergovernmental - - - - - 0.00% 4270 Vehicle Abatement/Refuse 23,500 - 23,500 3,382 8,574 - - 11,544 50.88% 4280 Grants - - - - - - - - 0.00% Total Intergovernmental 308,500 40,000 268,500 37,072 99,145 - - 132,282 50.73% Fees, Licenses & Permits 4310 Administrative Fees 43,200 - 43,200 10,705 9,292 - - 23,202 46.29% 4320 Business License Fees 45,200 - 45,200 15,843 11,616 - - 17,741 60.75% 4340 Development & Building Permits 1,149,700 290,000 859,700 214,494 220,288 - - 424,917 50.57% 4350 Engineering - Permits 76,500 - 76,500 6,534 49,044 - - 20,922 72.65% 4360 Recreation - Advertising Fees 9,150 - 9,150 4,300 1,550 - - 3,300 63.93% Total Fees, Licenses & Permits 1,323,750 290,000 1,033,750 251,877 291,790 - - 490,083 52.59% Charge for Services 4440 Development & Bldg Plan Reviews 760,080 - 760,080 210,737 147,661 - - 401,682 47.15% 4450 Engineering Review & L&L Fees 284,558 30,000 254,558 88,420 47,187 - - 118,951 53.27% 4460 Recreation Class/Camp/Excursions 636,893 70,000 566,893 122,952 76,638 - - 367,303 35.21% 4470 Public Safety - Animal Control 20,000 - 20,000 - - - - 20,000 0.00% Total Charge for Services 1,701,531 100,000 1,601,531 422,109 271,486 - - 907,936 43.31% Fines & Forfeitures 4510 Penalties & Fines 285,000 - 285,000 44,310 99,523 - - 141,166 50.47% 4520 Forfeitures - - - - - - - - 0.00% Total Fines & Forfeitures 285,000 - 285,000 44,310 99,523 - - 141,166 50.47% Other Income 4610 Interest Income 320,000 150,000 170,000 42,460 16,656 - - 110,883 34.77% 4620 Rental Income 364,342 - 364,342 69,042 114,242 - - 181,058 50.31% 4630 Proceeds from Sales 1,000 - 1,000 711 105 - - 184 81.61% 4640 Refunds & Reimbursements - - - 5,051 1,609 - - (6,660) 0.00% 4650 Contributions & Donations 2,000 - 2,000 15 13 - - 1,972 1.40% City of Saratoga Quarterly Revenue Report (After Budget Reduction) Page 2 of 2 Original Proposed Adjusted Receipts at Receipts at Receipts at Receipts at % of Actual Budget Budget Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Outstanding To FY 2009/10 Reduction FY 2009/10 (as of 9/30/09)(as of 12/31/09)(as of 3/31/10)(as of 6/30/10)Balance Adj Budget 4660 Misc & Other Income - - 40 - (40) 0.00% Total Other Income 687,342 150,000 537,342 117,318 132,625 - - 287,398 46.51% Total Revenues 15,746,623 630,000 15,116,623 1,364,621 3,917,657 - - 9,834,345 34.94% Fund Transfers In 148,859 - 148,859 - 148,859 - - - 100.00% Total Revenues & Transfers In 15,895,482 630,000 15,265,482 1,364,621 4,066,516 - - 9,834,345 34.17% City of Saratoga Quarterly Expenditure Report (After Budget Reduction) Page 1 of 2 Original Proposed Adjusted Receipts at Receipts at Receipts at Receipts at % of Actual Budget Budget Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Outstanding To FY 2009/10 Reduction FY 2009/10 (as of 9/30/09)(as of 12/31/09)(as of 3/31/10)(as of 6/30/10)Balance Adj Budget Salary & Benefits 5100 Salaries 4,886,610 43,900 4,842,710 1,054,077 1,237,917 - - 2,550,715 47.33% 5210 Retirement 838,641 - 838,641 186,812 218,727 - - 433,102 48.36% 5220 Payroll Taxes 91,795 - 91,795 17,115 18,280 - - 56,400 38.56% 5230 Insurance 714,883 - 714,883 143,905 149,222 - - 421,755 41.00% 5240 Uniform Pays/Benefits 17,274 - 17,274 3,180 3,555 - - 10,539 38.99% Total Salary & Benefits 6,549,203 43,900 6,505,303 1,405,089 1,627,702 - - 3,472,512 46.62% Materials & Supplies 6110 General Materials & Supplies 189,600 68,375 121,225 20,257 29,429 - - 71,539 40.99% 6130 Maintenance Materials & Supplies 67,300 3,000 64,300 10,062 22,230 - - 32,007 50.22% Total Materials & Supplies 256,900 71,375 185,525 30,319 51,660 - - 103,546 44.19% Fees & Charges 6210 Administration Fees 89,125 7,200 81,925 20,997 17,841 - - 43,086 47.41% 6220 Dues & Memberships 307,130 2,270 304,860 36,303 25,035 - - 243,522 20.12% 6230 Intergovernmental Fees 31,300 10,000 21,300 390 2,624 - - 18,286 14.15% 6240 Operational Fees & Charges 76,085 160 75,925 200 5,411 - - 70,314 7.39% 6260 Rental / Lease Expenses 47,020 900 46,120 3,251 24,589 - - 18,281 60.36% Total Fees & Charges 550,660 20,530 530,130 61,141 75,500 - - 393,490 25.77% Utilities & Communications 6310 Utilities 148,000 - 148,000 39,210 52,770 - - 56,020 62.15% 6320 Communications 19,950 - 19,950 2,303 5,473 - - 12,174 38.98% Total Utilities & Communications 167,950 - 167,950 41,513 58,243 - - 68,194 59.40% Contract Services 6410 City Administration Services 130,050 26,400 103,650 14,255 33,841 - - 55,555 46.40% 6420 City Operation Services 322,240 - 322,240 94,654 55,949 - - 171,638 46.74% 6430 Technical Services 50,880 5,500 45,380 11,334 334 - - 33,712 25.71% 6440 Departmental IT Services 4,500 - 4,500 3,887 399 - - 214 95.24% 6450 Facilities & Public Work Services 576,460 54,000 522,460 40,677 144,151 - - 337,632 35.38% 6470 Environmental Services 60,000 2,000 58,000 - 37,693 - - 20,307 64.99% 6480 Public Safety Services 4,306,997 - 4,306,997 1,047,897 1,090,425 - - 2,168,675 49.65% Total Contract Services 5,451,127 87,900 5,363,227 1,212,703 1,362,791 - - 2,787,732 48.02% Consultant Services 6510 City Administrative Services 57,200 12,400 44,800 1,298 30,011 - - 13,492 69.89% 6520 Legal Services 339,263 5,000 334,263 3,317 74,849 - - 256,097 23.38% 6540 Development Consultants - - - - 5,877 - - (5,877) 0.00% 6550 Engineering Consultants 91,000 20,500 70,500 - 24,109 - - 46,391 34.20% Total Consultant Services 487,463 37,900 449,563 4,615 134,846 - - 310,102 31.02% Meeting, Training & Recruitment 6610 Meetings & Events 38,460 12,450 26,010 2,602 14,776 - - 8,632 66.81% 6620 Training & Conferences 56,100 26,995 29,105 6,807 8,747 - - 13,551 53.44% 6630 Recruitment 3,400 3,250 150 - 128 - - 22 85.33% City of Saratoga Quarterly Expenditure Report (After Budget Reduction) Page 2 of 2 Original Proposed Adjusted Receipts at Receipts at Receipts at Receipts at % of Actual Budget Budget Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Outstanding To FY 2009/10 Reduction FY 2009/10 (as of 9/30/09)(as of 12/31/09)(as of 3/31/10)(as of 6/30/10)Balance Adj Budget Total Meeting, Training & Recruitment 97,960 42,695 55,265 9,409 23,651 - - 22,205 59.82% Grants 6810 Saratoga Service Grants 93,633 - 93,633 21,771 21,954 - - 49,908 46.70% 6820 Saratoga Special Interest Grants 20,288 - 20,288 10,163 3,375 - - 6,750 66.73% 6830 Community Service Grants 51,376 - 51,376 21,253 10,041 - - 20,082 60.91% 6850 Special Event Grants 20,550 5,700 14,850 723 4,886 - - 9,242 37.77% 6870 CDBG Public Service Grants 27,859 - 27,859 6,965 6,965 - - 13,929 50.00% Total Grants 213,706 5,700 208,006 60,875 47,221 - - 99,911 51.97% Internal Service Charges 7910 Internal Services 2,041,609 170,000 1,871,609 509,375 509,375 - - 852,859 54.43% Total Internal Service Charges 2,041,609 170,000 1,871,609 509,375 509,375 - - 852,859 54.43% Total Expenditures 15,816,578 480,000 15,336,578 3,335,039 3,890,988 - - 8,110,551 47.12% Fund Transfers Out 650,000 650,000 250,000 - - - 400,000 38.46% Total Expenditures & Transfers Out 16,466,578 480,000 15,986,578 3,585,039 3,890,988 - - 8,510,551 46.76% FY 2009/10 MID-YEAR BUDGET - RECOMMENDED ADJUSTMENTS ESTIMATED BUDGET SHORTFALL Building 240,000 Planning 50,000 Engineering 30,000 Recreation 70,000 Sales Tax 25,000 TOT 10,000 Prop 172 Public Safety Tax 25,000 VLF 15,000 Construction Tax 15,000 Interest Income 150,000 NET REVENUE SHORTFALL 630,000 EXPENDITURE CUTS: General Fund Salary/Temp 43,900 General Materials & Supplies 68,375 Maintenance Material & Supplies 3,000 Service Fees: (Bank and Public Notice Fees)7,200 Dues & Memberships 2,270 EDD Unemployment Charges 10,000 Records Management Services 18,000 GIS Services 5,500 Street Sweeping, Tree & Trail Maintenance, Turf Top Dressing 54,000 Environmental Services 2,000 Financial and Audit Services 12,400 Legal Services 5,000 Engineering Consultants 20,500 Meeting & Events 12,450 Training & Conferences 26,995 Other Miscellaneous 18,410 Total General Fund Budget Cuts 310,000 Internal Service Funds Office Stores 17,000 Equipment Maintenance 17,000 Building Maintenance 46,000 Vehicle & Equipment Maintenance 90,000 Total Internal Service Fund Budget Cuts 170,000 TOTAL Expendtiure Cuts 480,000 Transfer to General Fund: IT Equipment Replacement Fund Balance 50,000 Reduce General Fund Budget Offset: Revenue > Expenditures 100,000 NET EXPENDITURE & TRANSFER BUDGET ADJUSTMENTS 630,000 SHORTFALL REMAINING -