AgdaPkt 2010-07-12 - Laserfiche WebLink

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6.3A Page 1 REPORT July 12, 2010 SUBJECT Fiscal Year 2010-11 Budget RECOMMENDATION By resolution, adopt the FY 2010-11 budget. BACKGROUND On June 21st, 28th, and 30th, the City Council held budget study sessions at which times the Council reviewed the recommended FY 2010-11 budget as submitted by the City Manager. In addition to the recommended budget, staff presented budget alternatives for Council consideration. In accordance with the direction provided by Council at the June 30th budget study session, the list of approved alternatives and changes is included as part of the budget that is now submitted for City Council adoption. Following is the list of changes that have been made to the proposed general fund budget: . Implement parking meter rate changes. Estimated revenue increase of $200,000 in FY 2010-11 (decreases General Fund transfer out to Parking Fund); . Add new Tree Preservation Permit fee. Estimated revenues of $27,500 in FY 2010- 11 ; . Decrease transfer out of General Fund to Gas Tax Fund by $243,611 in FY 2010-11 (one year only); . Restore funds for one Juvenile Specialist position in Police Department totaling $121,418; . Restore funds for 50% of the Child Care Coordinator position in the Parks, Recreation, and Community Services Department totaling $54,161; . Restore funds for one Community Service Officer position in the Police Department totaling $98,471; and . Add funds for shared Fire Marshall services totaling $65,000. This change decreases revenue received from other agencies. The foregoing changes will: . Increase the budgeted general fund expenditures in FY 2010-11 by $274,050 from $75,166,955 in the recommended budget to $75,4411005; . Decrease estimated general fund revenues in FY 2010-11 by $37,500 from $75,331,715 in the recommended budget to $75,294,215; and