Laserfiche WebLink
· Ongoing expenditures for: true-ups related to actual costs for facilities <br />maintenance ($180,000), and general liability and property insurance ($182,000); <br />property tax consultant and financial software ($60,000); and traffic analysis and <br />patrol scheduling software for Police ($19,300). <br /> <br />· Limited number of new regular FTEs (net increase of 2.09 FTE primarily due to <br />conversion of contract employees to regular employees). <br /> <br />ALTERNATIVES <br /> <br />The City Charter requires that the Council adopt a budget by resolution. Not adopting a <br />budget would place the City out of compliance with the City Charter. <br /> <br />FISCAL IMPACT <br /> <br />Adopting the FY 2017-18 budget will provide authority for staff to continue municipal <br />operations, including the development and construction of capital projects this coming <br />fiscal year. General Fund revenues are expected to increase to $131.6 million in <br />FY 2017-18, which is approximately 2.8 percent above the FY 2016-17 adjusted <br />budget of $128.1 million. The FY 2017-18 General Fund expenditures are budgeted <br />at $117.8 million, which is an increase of 2.6 percent over the 2016-17 adjusted <br />budget $114.8 million. In addition, the Recommended Budget includes revenues of <br />$135.6 million and expenditures of $149.2 million in all other funds. <br /> <br />The Five-Year CIP includes 130 projects with an estimated cost of $527.9 million. The <br />FY 2017-18 CIP budget includes 59 projects with an estimated cost of $38.3 million. <br /> <br /> <br />ENVIRONMENTAL REVIEW <br /> <br />This activity is not a project under CEQA as defined in CEQA Guidelines, section <br />15378, because it has no potential for resulting in either a direct or reasonably <br />foreseeable indirect physical change in the environment. <br /> <br /> <br /> <br /> <br />KIMBRA MCCARTHY <br />ASSISTANT CITY MANAGER OF ADMINISTRATIVE SERVICES <br /> <br /> <br />7.B. - Page 3