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6.A. - Page 66 of 114 San Bruno projects that it will incur general fund operating budget deficits of $2.09 million in FY 2018-19 and $0.376 million in FY 2019-20.535 which will be funded out of the FY 2017-18 general fund balance.536 Long -Term Financial Forecast — San Bruno San Bruno has noted that, in order to "[d]evelop a comprehensive understanding of the financial pressures and constraints on the City's general fund, today and in the foreseeable future" it needs to "[d]evelop a ten-year operating budget forecast (general fund revenues and expenses)."537 Prior to its just -released FY 2019-20 proposed budget 538 San Bruno had not previously prepared any long-term general fund financial forecasts .539 However, staff has now added a five-year general fund operating budget forecast to their budget. 540 As part of the City's "Fiscal Sustainability Plan," staff plans to extend that to a ten-year period. No date has yet been set for staff to deliver that longer forecast.541 San Carlos Pension Contribution Costs — San Carlos San Carlos' contribution payments to Ca1PERS in FY 2017-18 were $9.7 million, up $7.47 million (334 percent) from $2.24 million in FY 2016-17.542 However, $6 million of the FY 2017-18 payment reflected one-time additional payments that San Carlos made to Ca1PERS beyond its Annual Required Contribution. 543 San Carlos' Annual Required Contribution in FY 2017-18 was $3.7 million, up $1.46 million (65.2 percent) from $2.24 million in FY 2016-17. The City's FY 2017-18 total contribution payments represented 86.9 percent of that year's covered payroll of $11.17 million (up from 20.2 percent the preceding year) and 22.8 percent of its total general fund spending of $42.5 million (up from 6.7 percent the preceding year).544 However, the City's total Annual Required Contribution for the year represented only 33.1 percent of that year's covered payroll and 8.7 percent of its total general fund spending. "I San Bruno, Proposed FY 2019-20 Operating and Capital Budget, p. A2. 536 San Bruno, Adopted 2018-19 Operating and Capital Budget, pp. A5 — A6. Email from San Bruno, dated June 13, 2019. 531 San Bruno, Presentation Slides for City Council Meeting on November 27, 2018 re: Fiscal Sustainability Study Session — Presentation on the Scope of Work for a Comprehensive Fiscal Sustainability Project, Slide 11. 531 San Bruno, Proposed FY 2019-20 Operating and Capital Budget. 539 San Bruno, Adopted 2018-19 Operating and Capital Budget. 140 San Bruno, Proposed FY 2019-20 Operating and Capital Budget, pp. 6-8 of Citywide Summary of Funds. 14' Grand Jury interview. 542 Appendix A. 543 See, more detailed discussion below in Section entitled "Additional Payments to Ca1PERS — San Carlos". 54' Appendix A. 2018-2019 San Mateo County Civil Grand Jury 59 70