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CC SR 20180605 01 - FY18-19 Draft Budget PUBLIC HEARING Date: June 5, 2018 Subject: Consideration and possible action regarding the Fiscal Year 18-19 Draft Budget and Capital Improvement Program including discussion and possible direction regarding all City revenues and expenditures. Subject Property/Location: Citywide 1. Report of Notice Given: City Clerk 2. Request for Staff Report: Mayor Brooks 3. Staff Report & Recommendation: Trang Nguyen, Deputy Director of Finance 4. Council Questions of Staff (factual and without bias): 5. Declare Public Hearing Open: Mayor Brooks 6. Testimony from members of the public: The normal time limit for each speaker is three (3) minutes. The Presiding Officer may grant additional time to a representative speaking for an entire group. The Mayor also may adjust the time limit for individual speakers depending upon the number of speakers who intend to speak. 7. Declare Hearing Closed/or Continue the Public Hearing to a later date: Mayor Brooks 8. Council Deliberation: The Council may ask staff to address questions raised by the testimony, or to clarify matters. Staff and/or Council may also answer questions posed by speakers during their testimony. The Council will then debate and/or make motions on the matter. 9. Council Action: The Council may: vote on the item; offer amendments or substitute motions to decide the matter; reopen the hearing for additional testimony; continue the matter to a later date for a decision. RANCHO PALOS VERDES CITY COUNCIL MEETING DATE: 06/05/2018 AGENDA REPORT AGENDA HEADING: Public Hearing AGENDA DESCRIPTION: Consideration and possible action regarding the Fiscal Year 18-19 Draft Budget and Capital Improvement Program including discussion and possible direction regarding all City revenues and expenditures. RECOMMENDED COUNCIL ACTION: (1) Receive Staff presentation of FY17-18 updated General Fund year-end estimates and fund balance; (2) Receive Staff presentation of FY18-19 Preliminary Budget and Capital Improvement Program; (3) Determine that the utility users’ tax (UUT) rate of 3% continues to be a necessary revenue source for the City’s operating and capital improvements, and that the current rate of 3% should be maintained; and, (4) Continue public hearing to June 19, 2018. FISCAL IMPACT: The Preliminary FY18-19 Budget includes total revenues of $43,763,600 and total expenditures of $47,874,800, excluding Improvement Authority. Total General Fund revenues of $31,143,800 and expenditures of $31,989,600. The variance between revenues and expenditures includes transfers and is covered by existing fund balance. ORIGINATED BY: Trang Nguyen, Deputy Director of Finance REVIEWED BY: Deborah Cullen, Director of Finance APPROVED BY: Doug Willmore, City Manager ATTACHED SUPPORTING DOCUMENTS: A. FY18-19 Preliminary Budget Summary (page A-1) B. FY18-19 Preliminary CIP Budget and 5-year CIP Plan (page B-1) BACKGROUND AND DISCUSSION: FY17-18 General Fund Year-end Estimates General Fund Revenues At the end of third quarter on March 31st, General Fund revenues came in slightly higher than what was estimated at mid-year by an increase of $90,000 or 0.3%. 1 The table below summarized the changes from year-end estimates reported at mid-year and third quarter. Table 1 – General Fund Year-end Estimates at Mid-year and Third Quarter General Fund Expenditures General Fund operating expenditures, excluding transfers out, are projected to end FY17-18 at approximately $27.1 million. This is a reduction of 0.5% or ($135,900) from mid-year, not including transfers out. The reduction in the year end estimate for legal expenses in the amount of ($296,000) is based on the recent changes in the City Attorney resources and the markdown/credit that the City received on certain billed services. The other minor changes in the expenditure estimates net a total reduction of $135,874 as shown below. Table 2 – General Fund Year-end Estimates at Mid-year and Third Quarter PROPERTY TAX 12,746,100$ 12,779,760$ 12,779,760$ -$ 0.00% TOT 6,040,000 5,816,000 5,816,000 -$ 0.00% SALES TAX 2,580,200 2,560,700 2,560,700 -$ 0.00% LICENSE & PERMITS 2,321,100 2,265,952 2,265,952 -$ 0.00% FRANCHISE TAX 2,112,800 2,024,900 2,024,900 -$ 0.00% UUT 1,871,100 1,875,244 1,875,244 -$ 0.00% OTHER/ MISC 1,351,200 1,573,110 1,663,110 90,000$ 5.72% OTHER TAXES 1,184,800 1,292,476 1,292,476 -$ 0.00% Subtotal 30,207,300 30,188,142 30,278,142 90,000 0.30% TRANSFER IN 230,000 230,000 230,000 -$ 0.00% Total Revenues 30,437,300$ 30,418,142$ 30,508,142$ 90,000$ 0.30% % FY 17-18 Revised Budget FY 17-18 YE Estimates @ 3rd Qtr. FY 17-18 YE Estimates @ Mid-year Variance from Mid-year Estimates SALARIES 7,817,500 7,016,400 7,032,100 15,700 0.22% BENEFITS 2,599,288 2,558,974 2,608,000 49,026 1.92% LEGAL 925,000 1,455,000 1,159,000 (296,000) -20.34% SHERIFF 6,135,200 6,135,200 6,135,200 0 0.00% SHERIFF-PRESERVE 567,000 567,000 567,000 0 0.00% SAFETY ADDITIONAL SERV.126,000 126,000 126,000 0 0.00% PROF/ TECH 4,915,102 4,778,674 4,834,574 55,900 1.17% REPAIR/ MAINT 1,557,700 1,909,200 1,909,200 0 0.00% SUPPLIES 2,230,124 2,230,207 2,230,207 0 0.00% OTHER/ MISC 569,900 511,925 551,425 39,500 7.72% Operating Expenditures 27,442,813 27,288,580 27,152,706 (135,874) -0.50% TRANSFER OUT 4,813,500 4,813,500 4,813,500 0 0% Total General Fund Expenditures $32,256,313 $32,102,080 $31,966,206 ($135,874) -0.42% FY 17-18 Revised Budget FY 17-18 YE Estimates @ Mid-year FY 17-18 YE Estimates @ 3rd Qtr. Variance from Mid-year Estimates %Expenditure Categories 2 Table 3 – Fund Balance Update for General Fund FY18-19 Budget The City started the budget process with the first Budget Workshop held on April 12, 2018. During this session, Staff presented year-end estimates for FY17-18 along with assumptions and estimates that would be used to develop the FY18-19 General Fund Operating Budget. An additional workshop was held on April 28, 2018, to review and discuss the Capital Improvement Project Budget and 5-year Capital Improvement Plan. On May 15, 2018, Staff presented an updated FY18-19 Preliminary Budget based on the discussion and direction provided by the City Council at the two budget workshops. Additionally, Staff presented two new requests seeking City Council direction: $50,000 in the General Fund and $249,000 in the Capital Improvement Program. The City Council directed Staff to increase the preliminary General Fund budget to incorporate an additional amount of $50,000 to contract for a Cost Allocation and Fee Study. This study will provide the detailed information necessary to update the City’s fee schedule. The last update to the fee schedule was in 2009. The City Council also approved additional funding of $249,000 in the Capital Program for signage in the Palos Verdes Nature Preserve. The signage project was originally presented to the City Council in June 2016 and, based on direction from the City Council, the City pursued grant funding to cover the costs of the identified signage plan. Unfortunately, the City was not awarded the grant funding and this project was brought back to the current City Council for consideration. The funding requested covers the purchase of the signs while the Palos Verdes Peninsula Land Conservancy is covering the costs to install the signage. Staff will bring back additional project details with the contract for City Council approval at a later date. Year-end Estimates Beginning Fund Balance 16,825,403$ Add: Revenues 30,278,142 Add: Transfers In 230,000 Subtotal 47,333,545 Less: Expenditures (27,152,750) Less: Transfers Out to CIP (4,526,000) Less: Transfers Out (287,500) Subtotal (31,966,250) Ending Fund Balance 15,367,295 Reserve Policy (50% of budgeted expenditures)13,576,375 Excess Unrestricted Reserve 1,790,920$ 3 These changes are included in the Preliminary Budget. FY18-19 General Fund Budget Assumptions General Fund Revenues For FY18-19, Staff is projecting an overall increase of $644,900 or 2.1% in General Fund operating revenues (net of transfers) over the FY17-18 updated year-end estimates. While major revenues are stable, the overall increase of 2.1% falls short of the projected 3.2% increase in expenditures (net of transfers) resulting in an unfavorable variance of slightly more than $840,000. Fortunately, the City has excess reserves carried over from prior years to cover the variance. Listed below is a summary of the major revenue assumptions as presented at the Budget Workshop on April 12, 2018, in comparison to the updated FY17-18 year-end estimates: 1. General Tax Revenue is estimated to increase by approximately $713,300 or 2.8%: a. Property Tax is projected to increase by 5.2% or $659,200 over FY17-18 year-end estimates. b. Sales Tax is expected to remain relatively flat in FY18-19. c. Transient Occupancy Tax (TOT) is projected to increase by 0.1% or $7,100 over the year-end estimates. d. Utility User Tax is projected to increase by 2.5% or $46,400 over the year-end estimates. 2. Other Taxes (including Business License Tax and Golf Tax) are projected to have a slight decrease by 0.2% or $2,100 over the year-end estimates. 3. Other Revenues, overall, are expected to decrease by 1.7% or ($66,300) over year-end estimates: a. Licenses and Permits, Charges for Services, and Fines are projected to increase by 1 % or $24,300 over year-end estimates. b. Miscellaneous Revenues is projected to decrease by 5.4% or ($90,600) over year-end estimates. Below is the summary of the FY18-19 General Fund Preliminary Revenues compared to the FY17-18 Revised Budget and FY17-18 year-end estimates. 4 Table 4 – General Fund FY 18-19 Preliminary Revenue Budget Chart 1 – General Fund FY 18-19 Preliminary Revenue Budget 5 General Fund Expenditures Overall expenditures are estimated to decrease by ($248,800) or 5.2% compared to the revised budget and to the year-end estimates, net of transfers out. Listed below is a summary of the expenditure assumptions Personnel Costs 1. Salaries – a budgeted increase of 12.3% or $968,300 over year-end estimates are primarily due to: a. Full-time positions in various departments that were budgeted for the full annual cost in FY7-18 that went unfilled resulting in savings of approximately $737,300 which accounts for a majority of the increase to the year-end estimate b. Per current labor contract, a scheduled cost-of-living allowance (COLA) increase of 2.5% or $126,000 and an average merit increase of 2.5% or $122,000 for RPVEA Association and Management/Confidential c. Position reclassification — Public Works Department i. Reclass the Maintenance Supervisor position to a Permit Technician position, savings of $10,000 ii. Reclass the Administrative Assistant position to a Staff Assistant position, savings of $7,000 2. Benefits – a budgeted increase of 11.9% or $310,100 due to: a. Full-time positions in various departments that were budgeted for the full annual cost in FY17-18 that went unfilled resulting in savings of approximately $79,300 b. CalPERS Normal Costs - increase of $28,200 i. Tier 1 – 10.609%, an increase of 0.5% ii. Tier 2 – 7.634%, an increase of 0.4% iii. Tier 3 – 6.842%, an increase of 0.3% c. CalPERS Unfunded Liabilities – increase of $164,600 i. Tier 1 – 25.219%, an increase of 12.6% ii. Tier 2 – 0.044%, an increase of 0.02% iii. Tier 3 – 0.056%, an increase of 0.3% d. Health, dental and vision benefits – an increase of 5% or $38,000 Non-Personnel Costs 3. Public Safety – increase of 3% or $200,200 due to: a. Sheriff’s Contract – increase of $183,000 i. 2.57% increase in the cost of a Deputy Sheriff Service Unit ii. 3.67% cost for Bonus I Deputy units from the FY17-18 rates. iii. 10.5% contribution to the Liability Trust Fund that is administered by the County of Los Angeles 6 b. Preserve-Sheriff – increase of $17,200 i. 2.57% increase in the cost of a Deputy Sheriff Service Unit ii. 10.5% contribution to the Liability Trust Fund that is administered by the County of Los Angeles 4. Supplies – decreased by 43% or ($962,000) due to one-time costs for automated license plate recognition (ALPR) cameras, homeowners’ association (HOA) grants and vehicles/equipment purchases budgeted in FY17-18. 5. General Liability Insurance – originally scheduled to increase by 25% or $120,400 due to three major claims from FY15-16. However, at the City Council Meeting on May 15, 2018, Staff provided an update on General Liability based on actual invoice received for FY18-19 and the increase dropped from 25% to 21% or $91,100, a decrease of 4% or ($19,300) from the original estimate presented at the Budget Workshop. 6. Parks Improvement/Maintenance a. Playground equipment repair/maintenance increase of $65,700 b. Ball fields maintenance increase of $60,000 c. Eastview Dog Park maintenance increase of $20,000 7. TOT Transfer Out to CIP – during the FY17-18 Budget Adoption, the City Council directed Staff to reduce the TOT transfer to Capital Improvement Plan (CIP) by the annual increase in Public Safety contract. Based on this direction the net transfer to CIP is reduced by Public Safety increase over the past 2 fiscal years. Projected TOT Revenue from Terranea $5,613,000 Less: FY17-18 Public Safety increase ($893,000) Less: FY18-19 Public Safety increase ($200,200) Projected TOT transfer to CIP $4,519,800 8. Professional/Technical Services –the City Council approved an additional $50,000 for a Cost Allocation and Fee Study to update the City’s Fee Schedule in FY18-19. Below is the summary of the FY18-19 General Fund Preliminary Expenditures compared to the FY 17-18 Revised Budget and the FY17-18 year-end estimates. 7 Table 5 – General Fund FY 18-19 Preliminary Expenditure Budget by Category It should be noted that the expenditures, net of transfers, do not show an increase to the revised FY17-18 budget. Chart 2 – General Fund FY 18-19 Preliminary Expenditure Budget by Category FY 17-18 FY 17-18 FY 18-19 Revised Estimates Preliminary SALARIES 7,817,500 7,032,100 8,000,400 BENEFITS 2,599,288 2,608,000 2,918,100 LEGAL 925,000 1,159,000 925,000 SHERIFF 6,135,200 6,135,200 6,318,500 SHERIFF-PRESERVE 567,000 567,000 584,200 SAFETY ADDITIONAL SERV.126,000 126,000 126,000 PROF/ TECH 4,915,102 4,834,574 4,887,900 REPAIR/ MAINT 1,557,700 1,909,200 1,818,400 SUPPLIES 2,230,124 2,230,207 1,268,200 OTHER/ MISC 569,900 551,425 578,200 Operating Expenditures 27,442,813 27,152,706 27,424,900 TRANSFER OUT 4,813,500 4,813,500 4,564,700 Total General Fund Expenditures $32,256,313 $31,966,206 $31,989,600 Expenditure Categories 8 Table 7 – General Fund FY18-19 Preliminary Expenditure Budget by Department, Excluding Transfers Out Chart 3 – General Fund FY18-19 Preliminary Expenditure Budget by Department CITY ADMIN.3,636,300$ COMMUNITY DEV. 3,736,300 CITY COUNCIL 154,600 FINANCE 1,606,100 LEGAL SERVICES 925,000 NON-DEPT 1,323,200 PUBLIC SAFETY 7,187,100 PUBLIC WORKS 6,001,200 REC & PARKS 2,855,100 27,424,900$ SUMMARY OF EXPENDITURES BY DEPARTMENT 9 The General Fund updated estimated ending fund balance at June 30, 2019, is $14.5 million and, after applying the City Council’s reserve policy, the excess unrestricted surplus is approximately $800,000, an increase of almost $200,000 from what was reported on May 15, 2018. The increase is due to the estimated beginning fund balance increasing by almost $200,000. Table 6 – Fund Balance Update for General Fund Below is the summary of the FY18-19 Preliminary Budget for all funds. Beginning Fund Balance @ 7/1/2018 15,367,295$ Add: Proposed Revenues 30,923,100 Add: Proposed Transfers In 220,000 Subtotal 46,510,395 Less: Proposed Expenditures (27,424,900) Less: Proposed Transfers to CIP (4,519,700) Less: Proposed Misc.Transfers (45,000) Subtotal (31,989,600) Ending Fund Balance @ 6/30/2019 14,520,795 Reserve Policy (50% of budgeted expenditures)13,712,450 Excess Unrestricted Reserve 808,345$ FY 18-19 Estimated Fund Balance 10 Table 8 – FY18-19 Preliminary Budget Summary for All Funds CITY OF RANCHO PALOS VERDES FY 18-19 FUND SUMMARY Estimated Fund Estimated Fund Fund Balance 6/30/2018 Revenues Transfers In Expenditures Transfers Out Balance 6/30/2019 General Fund Balance 15,367,295 14,520,795 Restricted Amount (Policy Reserve)(13,576,375) (13,712,450) GENERAL FUND Unrestricted Surplus 1,790,920 30,923,100 220,000 (27,424,900) (4,564,700) 808,345 Restricted by Council Action BEAUTIFICATION FUND 9,385 5,000 - - - 14,385 CIP 21,596,019 285,500 4,835,700 (7,105,100) - 19,612,119 EQUIPMENT REPLACEMENT 3,222,349 327,200 - (1,775,200) - 1,774,349 BUILDING REPLACEMENT - - - - - - EMPLOYEE BENEFITS - - - - - - Subtotal Restricted by Council Action 24,827,753 617,700 4,835,700 (8,880,300) - 21,400,853 Restricted by Law or External Agencies GAS TAX 1,278,209 1,798,600 - (1,618,800) - 1,458,009 1972 ACT - 300 - - - 300 EL PRADO LIGHTING 29,360 2,500 - (800) - 31,060 CDBG (35,049) 139,300 - - - 104,251 1911 ACT 2,624,502 628,000 - (617,000) - 2,635,502 WASTE REDUCTION 440,373 211,700 - (317,100) - 334,973 AIR QUALITY MANAGEMENT 85,215 50,900 - (50,000) - 86,115 PROPOSITION C 479,866 702,400 - (1,100,000) - 82,266 PROPOSITION A 2,723,013 849,400 - (1,148,300) - 2,424,113 PUBLIC SAFETY GRANTS 72,231 131,000 - - (130,000) 73,231 MEASURE R 2,019,625 545,400 - (100,000) - 2,465,025 MEASURE M 301,900 592,100 - (536,000) - 358,000 FEDERAL GRANTS 579,880 453,800 - - (316,000) 717,680 STATE GRANTS - 600,000 - - - 600,000 HABITAT RESTORATION 1,084,090 12,400 - (179,500) - 916,990 SUBREGION 1 MAINTENANCE 791,277 8,100 - (46,800) - 752,577 MEASURE A 115,301 91,100 - - (90,000) 116,401 ABALONE COVE SEWER DISTRICT 322,642 57,000 - (429,600) - (49,958) GINSBURG CULTURAL ARTS BUILDING 87,264 900 - - - 88,164 DONOR RESTRICTED CONTRIBUTIONS 809,978 17,000 - (25,000) - 801,978 QUIMBY 882,894 73,000 - (300,000) - 655,894 LOW-MOD INCOME HOUSING 169,637 44,700 - - - 214,337 AFFORDABLE HOUSING IN LIEU 599,801 6,200 - - - 606,001 ENVIRONMENTAL EXCISE TAX 419,224 116,800 - - - 536,024 BIKEWAYS - 34,500 - - - 34,500 WATER QUALITY/FLOOD PROTECTION - - - - - 0 Subtotal Restricted by Law or External Agencies 15,881,233 7,167,100 - (6,468,900) (536,000) 16,043,433 TOTAL GOVERNMENTAL FUNDS 56,076,281 38,707,900 5,055,700 (42,774,100) (5,100,700) 51,965,081 Improvement Authorities IMPROV AUTH - PORTUGUESE BEND 105,412 1,100 20,000 (114,900) - 11,612 IMPROV AUTH - ABALONE COVE 1,051,709 3,400 25,000 (74,600) - 1,005,509 Subtotal for Improvement Authorities 1,157,121 4,500 45,000 (189,500) - 1,017,121 GRAND TOTAL OF ALL FUNDS 57,233,402 38,712,400 5,100,700 (42,963,600) (5,100,700) 52,982,202 FY 18-19 Estimated Resources FY 18-19 Estimated Appropriations 11 Capital Improvement Project Fund During the April 26, 2018, Budget Workshop presentation, the City Council was provided with an update of all projects and estimated fund balances. Staff presented four (4) separate categories of projects: 1. Projects Completed/No Longer Needed – these are projects started in FY17- 18 or prior and completed and/or are no longer needed as of April 13, 2018. 2. Projects in Process – these are projects approved by the City Council and started in FY17-18 but have not been completed as of April 13, 2018. Some of these projects may be complete by June 30, 2018, but there will be some projects that will continue over into FY18-19. 3. Projects Carry Forward – these are projects approved to be carried forward into FY18-19 by the City Council but have not started or scheduled to start until FY18-19. 4. Proposed New Projects – these are recommended projects that have been reviewed by IMAC, FAC and the Planning Commission as possible projects for consideration to either start in FY18-19 or add to the CIP 5-year plan. At this workshop, the City Council directed Staff to remove PVDS Bike Lane Improvement from “Projects in Process” and Lower Hesse Park Improvement – Phase 2 from “Proposed New Projects.” At the City Council meeting on May 15, 2018, the City Council approved the request from Palos Verdes Peninsula Land Conservancy for the preserve signage project, so that project is now included in the Preliminary Budget for Capital Improvement Program. The table below summarizes the preliminary budget for FY18-19 Capital Improvement Projects by categories and funding source. 12 Table 10 – FY 18-19 Approved Capital Improvement Projects Equipment Replacement Fund The Equipment Replacement Fund continues to operate with a balanced budget and the estimated fund balance in this fund is $3.2 million at the close of FY17-18. This fund is used to accumulate funding to replace equipment, furniture and vehicles at the end of their life cycle. The expenditures scheduled for replacement in FY18-19 total approximately $1.8 million. Items aren’t replaced solely based on the schedule, but are reviewed by Staff to determine their current status and need for replacement. Based on this process, the annual replacement expense is typically well below the life-cycle schedule replacement costs. Based on the current Equipment Replacement Schedule, the estimated inter-fund charges will remain the same as FY17-18 of $300,900. CIP Reserves (Fund 330) Proposition C (Fund 215) Proposition A (Fund 216) Measure R (Fund 220) Quimby (Fund 334) PVDS Realignment - East End 50,000 Citywide ADA Transition Plan 150,000 Ladera Linda Community Center Master Plan Construction Documents 300,000 Western Av Traffic Congestion Improvements 100,000 Connector Pipe Screens 161,100 TOTAL PROJECTS IN PROCESS 361,100 - - 100,000 300,000 ACLAD Sewer System Rehabilitation Program 250,000 Portuguese Bend Landslide Area Resurfacing Program 600,000 Recognition Wall at City Hall Complex 100,000 Coastal Bluff Fence Replacement Program 200,000 Pavement Management Program Biennial Update 120,000 Residential Street Rehabilitation Program Area 8 Construction 3,500,000 Residential Street Rehabilitation Program Areas 3&4 Design 500,000 TOTAL PROJECTS CARRY FORWARD FROM CIP 5-YEAR PLAN 4,670,000 600,000 - - - Hesse Parking Lot and Lighting Improvement Project - Design 75,000 Hesse Parking Lot and Lighting Improvement Project - Construction 750,000 Hesse Park Athletic Field Improvement Project 450,000 Bubbles Restoration and Installation 75,000 Hawthorne Blvd. Beautification - Design 200,000 Silver Spur Rd. Transit Improvement - Design 50,000 Silver Spur Rd. Transit Improvement - Construction 450,000 Arterial Fences and Walls - Citywide Standards (Phase 2)25,000 Traffic/Transportation Improvements 500,000 SDDIP Storm Drain Deficiency Improvement Program Various Locations - Design 250,000 Signage Program 249,000 TOTAL PROPOSED NEW PROJECTS 2,074,000 500,000 500,000 - - GRAND TOTAL OF ALL PROJECTS 7,105,100 1,100,000 500,000 100,000 300,000 13 1972 Act Fund During the budget adoption for FY7-18, the City Council suspended the annual supplemental property tax levy and assessments of the Citywide Landscaping and Lighting Maintenance District (LLMD). All operating expenses that were paid by 1972 Act were transferred to General Fund and Measure M. For FY18-19, General Fund and Measure M will continue to support these operating expenses. Water Quality/Flood Protection Fund The Water Quality/Flood Protection Fund is expected to have a zero beginning fund balance in FY18-19 as all projects are scheduled to be completed by June 30, 2018. Below is a summary of the estimated FY18-19 fund balances for the Capital Improvement Projects Fund, Equipment Replacement Fund, and Special Revenue Funds. These fund balance amounts are based on estimated project costs, equipment needs and other non-General Fund expenditures expected next year. Table 11 – Fund Balance Update for Other Funds (in millions) Capital Improvement Equipment Replacement Special Revenues Est. Beginning Fund Balance $23.2 $3.2 $11.1 Add: Revenues 0.3 0.3 $8.0 Add: Transfers In 4.8 0.0 0.0 Sub-total 28.3 3.5 19.1 Less: Preliminary Expenditures -7.1 -1.8 -6.5 Less: Continuing Projects -1.6 -3.4 Less: Transfers Out 0.0 0.0 -0.5 Est. Restricted Ending Fund Balance 6/30/2019 19.6 1.7 8.7 Less: Council Policy Reserve -3.0 0.0 0.0 Estimated Surplus Fund Balance $16.6 $1.7 $8.7 14 Compliance with Utility Users Tax Legislative Review Requirements Municipal Code Section 3.30.190 requires that the City Manager submit to the City Council an analysis of the revenues derived from the Utility User Tax (UUT) annually. Based on the needs of the City, the City Council shall determine if any modification to the tax rate is appropriate, or if the UUT is unnecessary. The tax rate cannot be increased without a majority vote of the residents of the City during a Municipal Election. The current estimate of FY18-19 UUT revenue is approximately $1.9 million (or approximately 6% of total General Fund revenue). Based upon the operating and capital needs of the City, Staff recommends that the current UUT rate of 3% continues as recurring expenditures exceeded recurring revenues. Based on this, Staff would like the City Council to consider assessing UUT for FY18-19 at its current rate when the budget is presented for adoption on June 19, 2018. Balanced Operating Budget The tables below summarize how one-time and recurring revenues will offset one-time and recurring expenditures as directed per City Council Policy No. 45. The total General Fund revenues and expenditures in the tables below reflect all the updates to the FY18-19 preliminary budget. 15 Table 12 – FY 18-19 Recurring vs. 1-Time Revenues and Expenditures Revenue Type Recurring One-time Total Property Tax 13,439,000 13,439,000 Sales Tax 2,561,300 2,561,300 TOT 5,823,100 5,823,100 Franchise taxes 2,024,900 2,024,900 UUT 1,921,600 1,921,600 Business License & Golf Tax 1,290,400 1,290,400 Charges for services 2,290,300 2,290,300 Other revenue 1,403,000 169,500 1,572,500 Green Hills Settlement 150,000 CASP fees 500 Miscellaneous revenues 19,000 TOTAL REVENUES 30,753,600 169,500 30,923,100 Expenditure by Program Recurring One-time Total City Council 139,600 15,000 154,600 45th Anniversary 15,000 City Attorney 925,000 - 925,000 Public Safety/Law Enforcement 7,187,100 - 7,187,100 City Administration 3,636,300 - 3,636,300 Finance 1,606,100 1,606,100 Community Development 3,736,300 - 3,736,300 Public Works 5,724,200 277,000 6,001,200 Parks Equipment & Repairs 180,000 Repairs Park Building 97,000 Recreation & Parks 2,855,100 - 2,855,100 Non-department 1,273,200 50,000 1,323,200 Cost Allocation & Fee Study 50,000 TOTAL EXPENDITURES 27,082,900 292,000 27,424,900 STRUCTURAL SURPLUS/(DEFICITS)3,670,700 (122,500) 3,498,200 Transfers in 220,000 - 220,000 Transfers out 4,564,700 - 4,564,700 SURPLUS/(DEFICITS)(674,000) (122,500) (846,500) 16 CONCLUSION The General Fund continues to meet the required 50% policy reserve while still showing an estimated excess unrestricted fund balance of over $800,000 at June 30, 2019. The Capital Improvement Fund, Equipment Replacement Fund and all Special Revenues Funds are estimated to end FY17-18 with healthy fund balances and will be able to support operating expenditures, as well as the 5-year capital improvement plan, as proposed. Staff will incorporate any additional direction from the City Council at this meeting into the budget report for adoption at the June 19, 2018, City Council meeting. 17 3RD QTR PROPOSED PROJECTED BUDGET PRELIM DRAFT ACTUALS ACTUALS ACTUALS YEAR-END BGT WKSP BUDGET BUDGET FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2018-19 FY 2018-19 GENERAL FUND PROPERTY TAXES 3102-3103 Property Tax 6,962,419 7,258,992 7,114,319 7,664,800 8,060,800 8,060,800 8,060,800 3107 Property Tax in Lieu of Sales 540,611 454,776 332,296 - - - - 3107 Property Tax in Lieu of VLF 4,061,473 4,252,415 4,432,363 4,623,800 4,862,800 4,862,800 4,862,800 3108 Redevelopment Property Tax Trust 44,710 13,689 23,668 33,760 35,100 35,100 35,100 3110 Property Transfer Tax 344,357 486,659 443,174 457,400 480,300 480,300 480,300 TOTAL PROPERTY TAXES 11,953,570 12,466,531 12,345,820 12,779,760 13,439,000 13,439,000 13,439,000 OTHER TAXES 3210 Business License Tax 808,668 811,417 904,107 906,176 904,100 904,100 904,100 3112 Sales and Use Tax 1,682,131 2,027,600 2,383,705 2,481,000 2,480,000 2,480,000 2,480,000 3113 Sales Tax - PW (PSAF)75,758 76,727 78,743 79,700 81,300 81,300 81,300 3120-3121 Transient Occupancy Tax 4,812,130 5,196,987 5,600,867 5,816,000 5,823,100 5,823,100 5,823,100 3114-3117 Utility Users Tax 1,972,671 1,865,682 1,775,433 1,875,244 1,921,600 1,921,600 1,921,600 3111 Franchise Taxes 2,044,398 2,044,650 1,984,878 2,024,900 2,024,900 2,024,900 2,024,900 3101 Golf Tax 411,362 367,881 365,259 386,300 386,300 386,300 386,300 TOTAL OTHER TAXES 11,807,118 12,390,944 13,092,992 13,569,320 13,621,300 13,621,300 13,621,300 OTHER LICENSE & PERMIT 3205 Film Permits 76,658 78,361 43,724 55,100 50,000 50,000 50,000 3206 Animal Control Fees 42,898 38,456 36,470 40,000 40,000 40,000 40,000 3219 Right of Way Permits 97,747 109,743 72,142 100,000 100,000 100,000 100,000 3220 Dumpster Permits 1,078 2,450 1,078 1,500 1,500 1,500 1,500 3213 Parking Permits 500 310 690 500 500 500 500 3214 Parking Decals 183 1,286 683 800 800 800 800 3215 Plan & Zone Permits 423,304 397,592 345,749 370,000 390,000 390,000 390,000 3216 Plan - Investigation 18,563 13,658 16,165 6,000 10,000 10,000 10,000 3218 Plan - Misc. Fees 953 492 3218 Plan - Data Processing Fees 8,783 9,236 3218 Plan - Historical Data Fees 6,372 6,800 17,176 13,000 15,000 15,000 15,000 3203 Building & Safety Plan Check 344,380 370,775 360,349 320,000 320,000 320,000 320,000 3202 Building & Safety Permits 1,304,850 1,194,155 1,063,530 1,199,752 1,200,000 1,200,000 1,200,000 3204 Building & Safety Investigations 132 - - - - - - 3209 Geology Fees (3,294) (1,534) 3207 Building & Safety Fees 2,170 1,755 1,912 2,000 2,000 2,000 2,000 3208 Building & Safety State Building Starndard 435 (440) 79 300 500 500 500 3999 Massage Permits 115 - - - - - - 3217 View Restoration Fees 6,824 - 7,719 7,000 10,000 10,000 10,000 3209 Building & Safety Geology Fees 181,921 159,647 173,041 150,000 150,000 150,000 150,000 TOTAL OTHER LICENSE & PERMIT 2,514,572 2,382,742 2,140,507 2,265,952 2,290,300 2,290,300 2,290,300 FINES & FORFEITURES 3503 Misc. Court Fines 121,626 165,416 140,414 88,000 88,000 88,000 88,000 3502 False Alarm Fines 4,200 5,400 2,500 1,000 1,000 1,000 1,000 3503 Tow Fines 9,230 8,842 - - - - - TOTAL FINES & FORFEITURES 135,056 179,658 142,914 89,000 89,000 89,000 89,000 RENTALS 3602 Rent - City Hall 23,063 15,867 - - - - - 3602 Rent - Rec & Parks 88,353 39,973 2,157 - - - - 5130-3602 Rent - Hesse Park - 43,034 52,013 40,000 40,000 40,000 40,000 5140-3602 Rent - Ryan Park - 6,261 14,346 7,000 7,000 7,000 7,000 5150-3602 Rent - Ladera Linda - 7,417 19,132 20,000 20,000 20,000 20,000 5180-3602 Rent - PVIC 236,359 237,471 199,233 180,000 180,000 180,000 180,000 0000-3602 Rent - Citywide 74,823 197,236 173,140 182,900 182,900 182,900 182,900 0000-3602 Other Rental Income 160 2,227 - - - - - TOTAL RENTALS 422,758 549,486 460,021 429,900 429,900 429,900 429,900 INTERESTS 43,053 56,306 107,867 155,500 155,500 155,500 155,500 CHARGES FOR SERVICES 3401 Engineering Fees 36,477 26,214 2,706 10,000 - - - 3906 Sale of Signs/Services 1,645 1,800 1,150 700 700 700 700 5120-3411 Hike Fees 25 - - - - - - 5160-3411 Shoreline Parking Lot Fees 121,713 279,411 261,692 230,000 230,000 230,000 230,000 5170-3412 Program Fees 11,799 10,143 7,364 8,000 8,000 8,000 8,000 5190-3412 REACH - Program Fees 10,839 9,062 7,918 6,000 6,000 6,000 6,000 TOTAL CHARGES FOR SERVICES 182,498 326,630 280,830 254,700 244,700 244,700 244,700 CLASSIFICATION CITY OF RANCHO PALOS VERDES STATEMENT OF REVENUES - ALL FUNDS FISCAL YEAR 2018-2019 A-1 3RD QTR PROPOSED PROJECTED BUDGET PRELIM DRAFT ACTUALS ACTUALS ACTUALS YEAR-END BGT WKSP BUDGET BUDGET FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2018-19 FY 2018-19 CLASSIFICATION CITY OF RANCHO PALOS VERDES STATEMENT OF REVENUES - ALL FUNDS FISCAL YEAR 2018-2019 INTERGOVERNMENTAL REVENUE 3301 Federal Grant Income 17,025 - 32,000 - - - 3302 Grant Income 1,350 5,178 - - - - - 3302 NCCP Grant Income - 3302 Motor Vehicle in Lieu 17,837 17,174 19,282 8,200 - - - TOTAL INTERGOVERNMENTAL 36,212 22,352 19,282 40,200 - - - OTHER REVENUE 3999 Misc. Revenues 410,124 20,674 284,500 285,810 58,300 208,300 208,300 3801 Special Fund Administration 155,800 155,800 155,800 89,700 89,700 89,700 89,700 3902 CASP Fees 1,498 1,487 1,215 500 500 500 500 5170-3901 Donations - 4th of July 2,450 10,125 5120-3901 Donations - Britton Memorial - - 132 - - - - 5170-3901 Donations - Special Events 1,600 - - - - - - 5170-3901 Donations - PVIC 15,972 13,117 14,166 16,000 16,000 16,000 16,000 5180-3999 PVIC Gift Shop 119,314 121,890 26,677 120,000 120,000 120,000 120,000 5190-3901 Donations - REACH 2,767 2,448 2,946 3,000 3,000 3,000 3,000 3901 Donations - General 5 1,018 - - - - - 3999 State Mandate Cost Reimbursement 190,844 56,678 3904 RDA Loan Payment 58,332 126,900 177,186 128,800 215,900 215,900 215,900 3908 Successor Agency Adminstration 31,311 18,495 6,807 50,000 - - - TOTAL OTHER REVENUE 990,017 528,632 669,429 693,810 503,400 653,400 653,400 TOTAL OPERATING REVENUE 28,084,854 28,903,281 29,259,662 30,278,142 30,773,100 30,923,100 30,923,100 INTER-FUND TRANSFERS Transfer In Public Safety Grant 100,000 100,000 100,000 140,000 130,000 130,000 130,000 Transfer In Building Replacement - 334 - - - - - Transfer In Waste Reduction - Park Maintenance 3,000 - - - - - - Transfer in Measure A Maintenance 261,049 45,923 90,000 90,000 90,000 90,000 90,000 TOTAL TRANSFERS IN 364,049 146,257 190,000 230,000 220,000 220,000 220,000 TOTAL GENERAL FUND 28,448,903 29,049,538 29,449,662 30,508,142 30,993,100 31,143,100 31,143,100 ALL OTHER FUNDS STATE GAS TAX FUND INTERGOVERNMENTAL REVENUE 3304 State Gas Tax - 2103 402,920 218,649 114,879 - - 328,800 328,800 3305 State Gas Tax - 2105 235,758 238,976 241,844 - - 246,900 246,900 3306 State Gas Tax - 2106 143,807 144,946 145,849 - - 147,900 147,900 3307 State Gas Tax - 2107 301,727 311,179 306,619 - - 306,300 306,300 3308 State Gas Tax - 2107.5 6,000 6,000 6,000 - - 6,000 6,000 3309 State Gas Tax - 2031 - - - - - 712,100 712,100 TOTAL INTERGOVERNMENTAL REVENUE 1,090,212 919,750 815,191 - - 1,748,000 1,748,000 CHARGES FOR SERVICE 3404 Sidewalk Repair 250 1,495 - - - - - OTHER REVENUE 3999 Misc. Revenues 25,649 27,460 17,653 - - 48,800 48,800 INTEREST 3601 Interest on Investments 2,472 5,783 6,870 - - 1,800 1,800 TRANSFERS IN 9211 Transfer in from 1911 Act Fund 99,000 117,000 - - - - - 9203 Transfer in from 1972 Act Fund 200,000 200,000 - - - - - 9215 Transfer in from Proposition C 518,749 526,000 - - - - - 9212 Transfer in from Beautification Fund 224,000 97,791 - - - - - 9213 Transfer in from Waste Reduction Fund 37,000 95,000 - - - - - TOTAL TRANSFERS IN 1,078,749 1,035,791 - - - - - TOTAL STATE GAS TAX FUND 2,197,332 1,990,279 839,714 - - 1,798,600 1,798,600 1972 ACT FUND OTHER TAXES 3102 Assessments 259,520 259,565 260,037 - - - - INTEREST - - 3601 Interest on Investments 357 399 545 - - 300 300 TOTAL 1972 ACT FUND 259,877 259,964 260,582 - - 300 300 A-2 3RD QTR PROPOSED PROJECTED BUDGET PRELIM DRAFT ACTUALS ACTUALS ACTUALS YEAR-END BGT WKSP BUDGET BUDGET FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2018-19 FY 2018-19 CLASSIFICATION CITY OF RANCHO PALOS VERDES STATEMENT OF REVENUES - ALL FUNDS FISCAL YEAR 2018-2019 EL PRADO FUND OTHER TAXES 3102 Assessments 2,269 2,357 2,402 - - 2,300 2,300 INTEREST 3601 Interest on Investments 49 89 180 - - 200 200 TOTAL EL PRADO FUND 2,318 2,446 2,582 - - 2,500 2,500 1911 ACT FUND OTHER TAXES 3102 Assessments 580,630 605,899 632,874 - - 606,800 606,800 INTEREST 3601 Interest on Investments 4,248 6,894 13,292 - - 21,200 21,200 TOTAL 1911 ACT FUND 584,878 612,793 646,166 - - 628,000 628,000 BEAUTIFICATION FUND CHARGES FOR SERVICE 3405 Hauler Recycle Fee - - - - - - - INTEREST 3601 Interest on Investments 1,935 2,052 3,268 - - 5,000 5,000 TOTAL EL PRADO FUND 1,935 2,052 3,268 - - 5,000 5,000 WASTE REDUCTION FUND INTERGOVERNMENTAL REVENUE 3705 Reimbursement LA County TRAP - - - - 3302 State Grant - - - - 3302 Used Oil Payment 11,879 23,238 33,973 - - 22,100 22,100 TOTAL INTERGOVERNMENTAL 11,879 23,238 33,973 - - 22,100 22,100 CHARGES FOR SERVICE 3406 AB 939 Fees 236,486 192,169 187,036 - - 185,000 185,000 INTEREST 3601 Interest on Investments 1,077 1,834 3,144 - - 4,600 4,600 TOTAL WASTE REDUCTION FUND 249,442 217,241 224,153 - - 211,700 211,700 AIR QUALITY MANAGEMENT FUND INTERGOVERNMENTAL REVENUE 3303 AB 2766 Revenue 66,122 54,096 54,963 - - 50,000 50,000 INTEREST 3601 Interest on Investments 203 326 613 - - 900 900 TOTAL AQMD FUND 66,325 54,422 55,576 - - 50,900 50,900 PROPOSITION "C" TRANSPORTATION FUND INTERGOVERNMENTAL REVENUE 3303 Proposition "C" Sales Tax 618,572 634,714 645,099 - - 696,200 696,200 INTEREST 3601 Interest on Investments 4,092 1,968 3,835 - - 6,200 6,200 TOTAL PROPOSITION "C" FUND 622,664 636,682 648,934 - - 702,400 702,400 PROPOSITION "A" TRANSPORTATION FUND INTERGOVERNMENTAL REVENUE 3303 Proposition "A" Sales Tax 744,798 764,573 776,681 - - 839,400 839,400 OTHER REVENUE 3999 Misc Revenues - - 1,675,000 - - - - INTEREST 3601 Interest on Investments 1,203 1,353 8,012 - - 10,000 10,000 TOTAL PROPOSITION "A" FUND 746,001 765,926 2,459,693 - - 849,400 849,400 PUBLIC SAFETY FUND INTERGOVERNMENTAL REVENUE 3302 CA Brulte (COPS)106,230 114,618 129,324 - - 130,000 130,000 INTEREST 3601 Interest on Investments 212 278 603 - - 1,000 1,000 TOTAL PUBLIC SAFETY FUND 106,442 114,896 129,927 - - 131,000 131,000 A-3 3RD QTR PROPOSED PROJECTED BUDGET PRELIM DRAFT ACTUALS ACTUALS ACTUALS YEAR-END BGT WKSP BUDGET BUDGET FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2018-19 FY 2018-19 CLASSIFICATION CITY OF RANCHO PALOS VERDES STATEMENT OF REVENUES - ALL FUNDS FISCAL YEAR 2018-2019 MEASURE "R" TRANSIT SALES TAX FUND INTERGOVERNMENTAL REVENUE 3303 Measure "R" Sales Tax 463,448 475,932 483,294 - - 522,200 522,200 INTEREST 3601 Interest on Investments 3,518 5,418 13,110 - - 23,200 23,200 TOTAL MEASURE "R" FUND 466,966 481,350 496,404 - - 545,400 545,400 MEASURE "M" TRANSIT SALES TAX FUND INTERGOVERNMENTAL REVENUE 3303 Measure "M" Sales Tax - - - - - 591,800 591,800 INTEREST 3601 Interest on Investments - - - - - 300 300 TOTAL MEASURE "M" FUND - - - - - 592,100 592,100 HABITAT RESTORATION FUND INTERGOVERNMENTAL REVENUE 3302 State Grant Income - - 6,729 - - - - INTEREST 3601 Interest on Investments 3,634 5,843 8,682 - - 12,400 12,400 OTHER REVENUES 3999 Misc Revenues 1,666 - 4,769 - - - - TRANSFERS IN 9101 Transfer in from General Fund 157,000 - - - - - - TOTAL HABITAT RESTORATION FUND 162,300 5,843 20,180 - - 12,400 12,400 SUBREGION 1 FUND INTEREST 3601 Interest on Investments 1,946 3,080 5,307 - - 8,100 8,100 TRANSFERS IN 9101 Transfer in from General Fund 46,000 - - - - - - TOTAL SUBREGION 1 FUND 47,946 3,080 5,307 - - 8,100 8,100 MEASURE A FUND INTERGOVERNMENTAL REVENUE 3303 Measure A 261,049 90,225 192,598 - - 90,000 90,000 INTEREST 3601 Interest on Investments 331 171 295 - - 1,100 1,100 TOTAL MEASURE A FUND 261,380 90,396 192,893 - - 91,100 91,100 ABALONE COVE SEWER MAINTENANCE FUND OTHER TAXES 3102 Assessments 56,373 55,670 54,836 - - 55,100 55,100 CHARGES FOR SERVICE 344-60 Sewer User Fees 1,270 - - - - - - INTEREST 3601 Interest on Investments 119 336 786 - - 1,900 1,900 TRANSFERS IN 9101 Transfer in from General Fund 50,700 80,700 208,000 - - - - TOTAL ABALONE COVE SEWER MAINT. FUND 108,462 136,706 263,622 - - 57,000 57,000 GINSBURG CULTURAL ARTS BUILDING INTEREST 3601 Interest on Investments 258 338 587 - - 900 900 TOTAL GINSBURG CULTURAL ARTS FUND 258 338 587 - - 900 900 DONOR RESTRICTED DONATIONS FUND INTEREST 3601 Interest on Investments 2,079 3,106 5,966 - - 9,500 9,500 OTHER REVENUE 3901 Donations - Restricted 25,500 15,168 10,500 - - 7,500 7,500 TOTAL DONOR RESTRICTED DONATIONS FUND 27,579 18,274 16,466 - - 17,000 17,000 A-4 3RD QTR PROPOSED PROJECTED BUDGET PRELIM DRAFT ACTUALS ACTUALS ACTUALS YEAR-END BGT WKSP BUDGET BUDGET FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2018-19 FY 2018-19 CLASSIFICATION CITY OF RANCHO PALOS VERDES STATEMENT OF REVENUES - ALL FUNDS FISCAL YEAR 2018-2019 COMMUNITY DEVELOPMENT BLOCK GRANT FUND INTERGOVERNMENTAL REVENUE 3301 Grant Income 82,855 297,593 142,317 - - 139,300 139,300 TRANSFERS IN 9101 Transfer In General Fund - 12,680 - - - - - TOTAL CDBG FUND 82,855 310,273 142,317 - - 139,300 139,300 CAPITAL IMPROVEMENT FUND INTERGOVERNMENTAL REVENUE 3301 Federal Grant 312,272 45,866 - - - - - 3302 State Grant - - - - - - - 3303 Local Grant - - 143,064 - - - - TOTAL INTERGOVERNMENTAL REVENUE 312,272 45,866 143,064 - - - - INTEREST 3601 Interest on Investments 36,014 87,808 191,721 - - 285,500 285,500 OTHER REVENUE 3999 Misc Revenues - - - TRANSFERS IN 9101 Transfer in from General Fund 11,420,155 10,221,894 4,141,397 - - 4,519,700 4,519,700 9215 Transfer in from Prop C 1,228,719 - - - - - - 9216 Transfer in from Prop A 310,886 - - - - - - 9220 Transfer in from Measure R 564,000 - - - - - - 9331 Transfer in from Federal Grants - - - - - 316,000 316,000 9334 Transfer in from Quimby - 50,000 - - - - - 9338 Transfer in from EET 97,199 200,000 - - - - - 9339 Transfer in from Measure A (Capital)- - - - - - - 9340 Transfer in from TDA Article 3 - - - - - - - 9501 Transfer in from Water Quality/Flood Protection 362,360 - - - - - - TOTAL TRANSFERS IN 13,983,319 10,471,894 4,141,397 - - 4,835,700 4,835,700 TOTAL CAPITAL IMPROVEMENT FUND 14,331,605 10,605,568 4,476,182 - - 5,121,200 5,121,200 FEDERAL GRANTS INTERGOVERNMENTAL REVENUE 3301 Federal Grant - - - - - 452,800 452,800 INTEREST 3601 Interest on Investments - - - - - 1,000 1,000 TOTAL FEDERAL GRANTS FUND - - - - - 453,800 453,800 STATE GRANTS INTERGOVERNMENTAL REVENUE 3302 State Grant - - - - - 600,000 600,000 INTEREST 3601 Interest on Investments - - - - - - - TOTAL STATE GRANTS FUND - - - - - 600,000 600,000 QUIMBY FUND CHARGES FOR SERVICE 3907 Quimby Developer Fee 1,278,322 1,074,511 50,929 - - 51,000 51,000 9330 Transfer in Capital Improvement Fund - - - - - INTEREST 3601 Interest on Investments 1,326 7,686 16,505 - - 22,000 22,000 TOTAL QUIMBY FUND 1,279,648 1,082,197 67,434 - - 73,000 73,000 CITY LOW-MOD INCOME HOUSING FUND INTEREST 3601 Interest on Investments 71 196 764 - - 1,500 1,500 OTHER REVENUES 3999 Misc Revenues 22,350 33,261 36,860 - - 43,200 43,200 PROPERTY TAX 3108 Redevelopment Property Tax Trust - 12,999 5,917 - - - - TOTAL CITY LOW-MOD INCOME HOUSING FUND 22,421 46,456 43,541 - - 44,700 44,700 A-5 3RD QTR PROPOSED PROJECTED BUDGET PRELIM DRAFT ACTUALS ACTUALS ACTUALS YEAR-END BGT WKSP BUDGET BUDGET FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2018-19 FY 2018-19 CLASSIFICATION CITY OF RANCHO PALOS VERDES STATEMENT OF REVENUES - ALL FUNDS FISCAL YEAR 2018-2019 AFFORDABLE HOUSING PROJECTS FUND INTEREST 3601 Interest on Investments 1,339 2,167 4,034 - - 6,200 6,200 OTHER REVENUES 3999 Misc Revenues 83,355 2,778 - - - - - TOTAL AFFORDABLE HOUSING PROJECTS FUND 84,694 4,945 4,034 - - 6,200 6,200 ENVIRONMENTAL EXCISE TAX (EET) CHARGES FOR SERVICE 3907 EET Developer Fee 20,012 66,450 95,991 - - 113,000 113,000 9330 Transfer in Capital Improvement Fund INTEREST 3601 Interest on Investments 1,001 1,161 1,899 - - 3,800 3,800 TOTAL QUIMBY FUND 21,013 67,611 97,890 - - 116,800 116,800 TDA ARTICLE 3 - SB 821 BIKEWAY FUND INTEREST 3601 Interest on Investments 25 - - - - - - OTHER REVENUE 3999 Misc Revenue - - - - - - - INTERGOVERNMENTAL REVENUE 3303 TDA Article 3 - SB 821 - - - - - 34,500 34,500 TOTAL TDA ARTICLE 3 FUND 25 - - - - 34,500 34,500 WATER QUALITY/FLOOD PROTECTION FUND INTEREST 3601 Interest on Investments 10,260 20,662 35,274 - - - - CHARGES FOR SERVICES 3402 Storm Drain User Fees 1,368,568 1,384,897 14,436 - - - - INTERGOVERNMENTAL REVENUE 3302 State Grant Income 1,212,995 - - - - - - TOTAL WATER QUALITY FUND 2,591,823 1,405,559 49,710 - - - - EQUIPMENT REPLACEMENT FUND CHARGES FOR SERVICE 392-10 Sales of Surplus Property - - - - - - - 3803 Interfund Charges 906,300 332,700 82,050 - - 300,900 300,900 TOTAL CHARGES FOR SERVICE 906,300 332,700 82,050 - - 300,900 300,900 TRANSFERS IN 9214 Transfer in from AQMD - - - - - - - INTEREST 3601 Interest on Investments 7,037 11,634 19,164 - - 26,300 26,300 TOTAL EQUIPMENT REPLACEMENT FUND 913,337 344,334 101,214 - - 327,200 327,200 EMPLOYEE BENEFITS FUND CHARGES FOR SERVICE 3802 Employee Benefit Charges 2,030,970 2,166,924 - - - - - INTEREST 3601 Interest on Investments 580 2,330 - - - - - TOTAL EMPLOYEE BENEFITS FUND 2,031,550 2,169,254 - - - - - TOTAL OTHER FUNDS REVENUES 27,271,076 21,428,885 11,248,376 - - 12,620,500 12,620,500 TOTAL CITY REVENUES 55,719,979 50,478,423 40,698,038 30,508,142 - 43,763,600 43,763,600 A-6 PROPOSED 3RD QTR BUDGET PRELIM DRAFT ACTUALS ACTUALS ACTUALS YEAR-END BGT WKSP BUDGET BUDGET FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2018-19 FY 2018-19 TRANSFERS OUT 8,574,614 10,352,274 4,387,397 4,813,500 4,564,700 4,564,700 4,564,700 CITY COUNCIL 120,557 119,331 139,806 118,073 154,600 154,600 154,600 CITY ATTORNEY 856,190 1,049,278 1,173,168 1,159,000 925,000 925,000 925,000 PUBLIC SAFETY Sheriff 4,345,828 4,792,928 5,451,056 6,135,200 6,318,500 6,318,500 6,318,500 Special Programs 98,528 110,754 821,653 1,859,412 868,600 868,600 868,600 TOTAL PUBLIC SAFETY 4,444,356 4,903,682 6,272,709 7,994,612 7,187,100 7,187,100 7,187,100 CITY ADMINISTRATION City Manager 731,613 885,212 783,077 917,890 856,500 856,500 856,500 City Clerk 486,496 637,521 484,381 639,051 621,200 621,200 621,200 Community Outreach 121,021 75,344 74,448 91,800 75,100 75,100 75,100 Emergency Preparedness 235,705 195,636 161,607 182,170 196,100 196,100 196,100 RPVtv 175,200 221,837 169,004 296,306 289,400 289,400 289,400 Personnel 399,980 388,905 364,246 436,677 365,600 365,600 365,600 Risk Management 399,980 589,889 - - - - - Information Technology - Data 551,772 876,156 889,924 1,156,386 1,119,400 1,119,400 1,119,400 Information Technology - Voice 87,672 96,117 100,933 125,200 113,000 113,000 113,000 TOTAL CITY ADMINISTRATION 3,189,439 3,966,617 3,027,620 3,845,480 3,636,300 3,636,300 3,636,300 FINANCE Finance 1,208,680 1,243,420 1,265,590 1,469,320 1,606,100 1,606,100 1,606,100 TOTAL FINANCE 1,208,680 1,243,420 1,265,590 1,469,320 1,606,100 1,606,100 1,606,100 NON-DEPARTMENT Non-departmental 190,467 237,778 2,400,364 1,288,073 1,302,500 1,323,200 1,323,200 TOTAL NON-DEPARTMENT 190,467 237,778 2,400,364 1,288,073 1,302,500 1,323,200 1,323,200 COMMUNITY DEVELOPMENT Administration 576,510 706,400 706,400 706,400 Planning 1,375,122 1,269,390 1,322,813 786,021 1,019,900 1,019,900 1,019,900 Building & Safety 744,830 762,358 773,627 974,664 995,100 995,100 995,100 Code Enforcement 207,064 160,856 116,264 205,615 307,800 307,800 307,800 View Restoration 394,210 289,446 302,403 403,442 371,100 371,100 371,100 NCCP - - - 25,000 50,000 50,000 50,000 Geology 149,201 137,100 148,448 150,000 150,000 150,000 150,000 Animal Control 81,180 115,235 99,932 136,000 136,000 136,000 136,000 TOTAL COMMUNITY DEVELOPMENT 2,951,607 2,734,385 2,763,487 3,257,252 3,736,300 3,736,300 3,736,300 PUBLIC WORKS Public Works Administration 2,097,473 2,234,405 2,175,728 2,186,533 2,767,300 2,767,300 2,767,300 Traffic Management 91,847 113,729 391,742 450,000 502,000 502,000 502,000 Storm Water Quality 278,332 299,740 230,695 669,000 606,000 606,000 606,000 Building Maintenance 576,139 501,709 448,843 797,400 679,900 679,900 679,900 Parks Maintenance 341,100 680,000 680,000 680,000 Trails & Open Space Maintenance 988,184 818,498 838,107 808,500 636,000 636,000 636,000 Vehicles Maintenance - - 418 55,000 61,000 61,000 61,000 Sewer Maintenance 31,780 16,740 951 69,000 69,000 69,000 69,000 TOTAL PUBLIC WORKS 4,063,755 3,984,821 4,086,484 5,376,533 6,001,200 6,001,200 6,001,200 RECREATION AND PARKS Recreation Administration 780,059 906,415 873,450 1,108,738 1,041,500 1,041,400 1,041,400 Other Recreational Facilities 437,375 523,080 166,130 34,054 57,500 57,500 57,500 Fred Hesse Jr. Park - - 158,196 222,473 225,800 225,800 225,800 Robert E. Ryan Park - - 99,820 88,400 120,700 120,700 120,700 Ladera Linda Community Center - - 75,109 84,802 106,400 106,400 106,400 Abalone Cove Shoreline Park - - 91,173 145,406 123,100 123,100 123,100 Special Events and Programs 89,722 127,484 146,374 226,888 237,700 237,700 237,700 Point Vicente Interpretive Center 434,064 386,052 447,107 493,790 546,200 546,200 546,200 REACH 38,154 41,946 39,683 78,470 95,300 95,300 95,300 CITY OF RANCHO PALOS VERDES STATEMENT OF EXPENDITURES - ALL FUNDS FISCAL YEAR 2018-2019 CLASSIFICATION A-7 PROPOSED 3RD QTR BUDGET PRELIM DRAFT ACTUALS ACTUALS ACTUALS YEAR-END BGT WKSP BUDGET BUDGET FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2018-19 FY 2018-19 CITY OF RANCHO PALOS VERDES STATEMENT OF EXPENDITURES - ALL FUNDS FISCAL YEAR 2018-2019 CLASSIFICATION Support Services 39,472 57,441 74,468 43,192 22,400 22,400 22,400 City Run Sports - - - 6,773 9,200 9,200 9,200 Eastview - - - 1,000 5,000 5,000 5,000 Open Space Management - - 3,592 110,422 264,400 264,400 264,400 TOTAL RECREATION & PARKS 1,818,846 2,042,418 2,175,102 2,644,408 2,855,200 2,855,100 2,855,100 TOTAL GENERAL FUND 26,209,831 29,390,584 27,691,727 31,966,251 31,969,000 31,989,600 31,989,600 ALL OTHER FUNDS STATE GAS TAX Street Pavement Maintenance - - 365,074 - - 350,000 350,000 Street Landscape Maintenance 1,328,677 1,347,990 1,121,909 - - 1,158,800 1,158,800 Traffic Signal Maintenance 97,396 80,857 10,175 - - 40,000 40,000 Portuguese Bend Rd. Maintenance 518,749 525,426 - - - 70,000 70,000 Street Landscape Maintenance (CIP)192,390 - 442,622 - - - - TOTAL STATE GAS TAX 2,137,212 1,954,273 1,939,780 - - 1,618,800 1,618,800 1972 ACT Street Lights Maintenance 75,337 75,335 264,903 - - - - Transfers Out 200,000 200,000 - - - - - TOTAL 1972 ACT 275,337 275,335 264,903 - - - - EL PRADO 689 31 237 800 800 1911 ACT Street Lights Maintenance 545,084 426,065 459,441 - - 617,000 617,000 Capital Improvements - - - - - Transfers Out 99,000 117,000 - - - - - TOTAL 1911 ACT 644,084 543,065 459,441 - - 617,000 617,000 BEAUTIFICATION Operating Expenses - - - - - - - Street Maintenance - - - - - - - Capital Improvements - - - - - Transfers Out 224,000 97,791 - - - - - TOTAL BEAUTIFICATION 224,000 97,791 - - - - - WASTE REDUCTION Operating Expenses 114,321 148,483 231,578 - - 317,100 317,100 Transfers Out 40,000 98,000 - - - - - TOTAL WASTE REDUCTION 154,321 246,483 231,578 - - 317,100 317,100 AIR QUALITY Operating Expenses 50,000 50,000 78,284 - - 50,000 50,000 Transfers Out - - - - - - - TOTAL WASTE REDUCTION 50,000 50,000 78,284 - - 50,000 50,000 PROP "C" TRANSPORTATION Street Maintenance - - - - Street Maintenance (CIP)- - 520,000 - - 1,100,000 1,100,000 Transfers Out 1,747,468 526,000 - - - - - TOTAL PROPOSITION "C"1,747,468 526,000 520,000 - - 1,100,000 1,100,000 PROP "A" TRANSPORTATION Dial-a-Ride 640,567 611,907 613,003 - - 648,300 648,300 Capital Projects - - 10,581 - - 500,000 500,000 Transfers out 310,886 - - - - - - TOTAL PROPOSITION "A"951,453 611,907 623,584 - - 1,148,300 1,148,300 PUBLIC SAFETY Transfers out 100,000 100,000 100,000 - - 130,000 130,000 TOTAL PUBLIC SAFETY 100,000 100,000 100,000 - - 130,000 130,000 A-8 PROPOSED 3RD QTR BUDGET PRELIM DRAFT ACTUALS ACTUALS ACTUALS YEAR-END BGT WKSP BUDGET BUDGET FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2018-19 FY 2018-19 CITY OF RANCHO PALOS VERDES STATEMENT OF EXPENDITURES - ALL FUNDS FISCAL YEAR 2018-2019 CLASSIFICATION MEASURE R Street Landscape Maintenance 169,952 - - Capital Projects - - - - 100,000 100,000 Transfers out - - - - - - - TOTAL MEASURE R - - 169,952 - - 100,000 100,000 MEASURE M Repairs & Maintenance - - - 536,000 536,000 Capital Projects - - - - - - Transfers out - - - - - - - TOTAL MEASURE M - - - - - 536,000 536,000 HABITAT RESTORATION 136,059 139,343 140,825 - - 179,500 179,500 SUBREGION 1 51,319 35,046 35,107 - - 46,800 46,800 MEASURE A Transfers out 261,049 42,923 90,000 - - 90,000 90,000 TOTAL MEASURE A 261,049 42,923 90,000 - - 90,000 90,000 ABALONE COVE SEWER MAINTENANCE 112,145 110,713 163,615 - - 429,600 429,600 GINSBURG CULTURAL ARTS BUILDING 18,000 16,000 - - - - DONOR RESTRICTED DONATIONS Operating Expenses 22,519 11,742 9,760 - - 25,000 25,000 Capital Improvements - - - - - - - Transfers out - - - - - - - TOTAL DONOR RESTRICTED DONATIONS 22,519 11,742 9,760 - - 25,000 25,000 COMMUNITY DEVELOPMENT BLOCK GRANT 26,170 298,649 173,362 - - - - CAPITAL IMPROVEMENT PROGRAM FUND Administration 25,277 75,554 15,697 - - - - Street Improvements 6,419,874 823,046 6,190,221 - - 4,345,000 4,345,000 Parks, Trails & Open Space Improvements 1,952,382 270,977 231,640 - - 1,650,000 1,899,000 Sewer Improvements 25,738 - - - - 250,000 250,000 Building Improvements 273,338 112,342 58,783 - - 150,000 150,000 Storm Water Quality Improvements - - - - - 411,100 411,100 Landslide Improvements - 62,436 242,135 - - 50,000 50,000 Transfers Out 820,000 - - - - - - TOTAL CAPITAL IMPROVEMENT 9,516,609 1,344,355 6,738,476 - - 6,856,100 7,105,100 FEDERAL GRANTS Capital Improvements - - - - - - - Transfers Out - - - - - 316,000 316,000 TOTAL FEDERAL GRANTS - - - - - 316,000 316,000 STATE GRANTS Capital Improvements - - - - - - - Transfers Out - - - - - - - TOTAL STATE GRANTS - - - - - - - QUIMBY Capital Improvements - - 80,550 - - 300,000 300,000 Transfers Out - 50,000 - - - - - TOTAL QUIMBY - 50,000 80,550 - - 300,000 300,000 CITY LOW-MOD INCOME HOUSING AFFORDABLE HOUSING PROJECTS ENVIRONMENTAL EXCISE TAX (EET) Capital Improvements - - 75 - - - - Transfers Out 97,199 200,000 - - - - - TOTAL ENVIRONMENTAL EXCISE TAX (EET)97,199 200,000 75 - - - - TDA ARTICLE 3 - SB 821 BIKEWAY FUND Capital Improvements - 97 - - - - - Transfers Out - - - - - - - A-9 PROPOSED 3RD QTR BUDGET PRELIM DRAFT ACTUALS ACTUALS ACTUALS YEAR-END BGT WKSP BUDGET BUDGET FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19 FY 2018-19 FY 2018-19 CITY OF RANCHO PALOS VERDES STATEMENT OF EXPENDITURES - ALL FUNDS FISCAL YEAR 2018-2019 CLASSIFICATION TOTAL TDA ARTICLE 3 - SB 821 BIKEWAY - 97 - - - - - WATER QUALITY/FLOOD PROTECTION Operating Expenses - - - - - - - Capital Improvements 782,017 646,433 1,399,913 - - - - Transfers Out 362,360 - - - - - - TOTAL WATER QUALITY/FLOOD PROTECTION 1,144,377 646,433 1,399,913 - - - - EQUIPMENT REPLACEMENT 539,011 582,433 856,435 - - 1,775,200 1,775,200 EMPLOYEE BENEFITS 2,049,468 2,247,354 - - - - - OUTSIDE SERVICES TRUST - - - - - - - TOTAL ALL OTHER FUNDS 20,258,489 10,129,973 14,075,877 - - 15,636,200 15,885,200 TOTAL ALL FUNDS 46,468,320 39,520,557 41,767,604 31,966,251 31,969,000 47,625,800 47,874,800 A-10 Preliminary FY 2018-19 Capital Budget and 5-year Capital Improvement Program Version G W:\Finance Mgmt\Budget\Budget 2019\CIP budget\2018-05-11 CIP proposed projects & 5 year plan VERSION G.xlsx Printed: 5/25/2018 12:46 PM Project Fund Status (as of April 13, 2018) FY 17-18 Adopted Budget FY 16-17 Cont. Approp/PO Carryovers FY 17-18 Revised Budget FY 17-18 Actuals @ 4/13/18 FY 17-18 Encum @ 4/13/18 Balance @ 4/13/18 Continuing Projects from FY 17-18 FY 18-19 Projects CIP Reserves (Fund 330) HUTA/Gas Tax (Fund 202) Beautification (Fund 212) Proposition C (Fund 215) Proposition A (Fund 216) Measure R (Fund 220) TDA (Fund 340) Community Dev Block Grant (CDBG) (Fund 310) Restricted Donations (Fund 228) 1911 Act Street Lighting (Fund 211) NEW State Grant (Fund 332) NEW Federal Grant (Fund 331) Quimby (Fund 334) FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 Infrastructure Improvements Admin Engineering Review/Labor Compliance 330 Completed 60,000 17,910 77,910 20,655 47,255 10,000 - - - - - - Infrastructure Management Plan 330 Completed 25,000 25,000 1,680 3,320 20,000 - - - - - - Grant Administration 330 Completed 70,000 70,000 19,933 5,067 45,000 - - - - - - Total Infrastructure Improvements Administration 155,000 17,910 172,910 42,268 55,642 75,000 - - - - - - - - - - - - - - - - - - Abalone Cove Landslide Abatement District (ACLAD) Sewer System ACLAD Sewer System Rehabilitation Program 330 Carry forward - - - 250,000 250,000 250,000 450,000 450,000 450,000 450,000 ACLAD Sewer System Rate Study and Telemetry 225 Completed 175,000 175,000 5,105 2,306 167,589 - - - - - - - - Total ACLAD 175,000 - 175,000 5,105 2,306 167,589 - 250,000 250,000 - - - - - - - - - - - - 250,000 450,000 450,000 450,000 450,000 Palos Verdes Drive South (PVDS) Landslide Portuguese Bend Landslide Area Resurfacing Program 215 Carry forward- 50% completed 600,000 600,000 232,699 367,301 - - 600,000 600,000 600,000 600,000 650,000 650,000 700,000 PVDS Realignment - East End 330 In process - design to include Geotech 100,000 40,745 140,745 40,745 100,000 100,000 50,000 150,000 50,000 1,000,000 Portuguese Bend Landslide Area Strategic Plan (Feasibility Study)330 In process - 95% completed 40,000 152,587 192,587 142,913 18,674 31,000 - - Total PVDS Landslide 740,000 193,332 933,332 375,612 426,720 131,000 100,000 650,000 150,000 - - 600,000 - - - - - - - 650,000 1,600,000 650,000 650,000 700,000 Park Sites PVIC Parking Lot Lighting Project 211 In process - contract going to council May 2018 200,000 200,000 29,600 170,400 - - Lower Hesse Park Improvements 216 In process - 75% completed - 114,467 114,467 85,683 34,249 (5,465) - Lower Hesse Park Improvements 334 In process - 75% completed - 650,197 650,197 459,576 192,691 (2,070) - Recognition Wall 330 Ongoing - - - 100,000 100,000 100,000 Coastal Bluff Fence Replacement Program 330 Carry forward - 100% design completed. Contract going to council May 2018 200,000 200,000 400,000 104,562 13,810 281,628 200,000 200,000 200,000 200,000 200,000 200,000 200,000 Signage Program 330 NEW - 249,000 249,000 249,000 Hesse Parking Lot & Lighting Improvements - Design 330 NEW - reviewed & ranked #1 by IMAC 75,000 75,000 75,000 Hesse Parking Lot & Lighting Improvements - Construction 330 NEW - reviewed & ranked #1 by IMAC 750,000 750,000 750,000 Hesse Athletic Field Improvement Project 330 NEW - reviewed IMAC review & ranking 450,000 450,000 450,000 Bubbles Restoration and Installation 330 NEW - reviewed & ranked #3 by IMAC 75,000 75,000 75,000 Lower Hesse Park Improvements Phase 2 -- Design 330 NEW - reviewed & ranked # 1 by IMAC - - - Lower Hesse Park Improvements Phase 2 -- Construction 330 NEW - reviewed & ranked # 1 by IMAC - Eastview Park Dog Park 334 Completed - 363,404 363,404 363,384 21 0 - Abalone Cove Beach Access Rd and Parking Rehabilitation 334 *No longer needed. Added to Area 8 as alternate. 100,000 50,000 150,000 150,000 - Total Park Sites 500,000 1,378,068 1,878,068 1,042,805 240,770 594,493 - 1,899,000 1,899,000 - - - - - - - - - - - - 1,899,000 200,000 200,000 200,000 200,000 Public Buildings PVIC Exhibit Replacement/Renovation 228 Carry forward - 20% design completed 300,000 300,000 16,413 67,587 216,000 216,000 216,000 - Civic Center Master Plan 330 In process 237,300 237,300 9,000 1,000 227,300 227,300 227,300 - Citywide ADA Transition Plan 330 In process - Update ADA plan for FY 18- 19 150,000 443,533 593,533 203,610 247,503 142,420 142,420 150,000 292,420 150,000 150,000 150,000 150,000 150,000 PVIC Sunset Room Acoustical Improvements 330 Completed 110,000 110,000 101,536 3,961 4,503 - Ladera Linda Community Center Master Plan 334 Master plan adopted by council 350,000 50,000 400,000 151,321 2,145 246,534 - Ladera Linda Community Center Final Design & Construction Drawing 334 In process - final design and construction drawing. Reviewed & ranked #1 by IMAC 246,534 300,000 546,534 300,000 Total Public Buildings 610,000 1,030,833 1,640,833 481,880 322,196 836,757 832,254 450,000 519,720 - - - - - - - 216,000 - - - 546,534 450,000 150,000 150,000 150,000 150,000 Right of Way and Traffic Control Devices Pavement Management Program Biennial Update 330 Carry forward - - 120,000 120,000 120,000 120,000 120,000 Sidewalk Repair and Replacement Program 202 100% completed 232,504 232,504 226,823 4,823 858 - Sidewalk Repair and Replacement Program 220 In process - design 90% completed, expected to advertise spring 2018 250,000 250,000 250,000 250,000 250,000 - 250,000 250,000 250,000 250,000 Hawthorne Blvd Pedestrian Linkage Improvements 216 Completed 169,477 169,477 185,033 1,223 (16,779) - Hawthorne Blvd Pedestrian Linkage Improvements 330 Completed 1,054,735 1,054,735 1,188,049 82,681 (215,995) - Hawthorne Blvd. Beautification - Design 330 NEW - reviewed & ranked #1 by IMAC - - 200,000 200,000 200,000 Hawthorne Blvd. Beautification - Construction 330 NEW - reviewed & ranked #1 by IMAC - - - 1,300,000 Silver Spur Rd. Transit Improvement - Design 216 NEW - reviewed & ranked #1 by IMAC - - 50,000 50,000 50,000 Silver Spur Rd. Transit Improvemen - Construction 216 NEW - reviewed & ranked #1 by IMAC - - 450,000 450,000 450,000 Miraleste Arterial Street Rehabilitation 330 In process - 95% completed 1,733,501 1,733,501 1,858,170 18,160 (142,829) - Miraleste Arterial Street Rehabilitation 331 In process - 95% completed - 20,112 (20,112) - PVDS Bike Lane Improvements 330 In process - 90% design completed 76,475 76,475 4,122 864 71,489 - - - PVDS Bike Lane Improvements 331 In process - 90% design completed 678,500 678,500 678,500 - - - PVDE at Bronco Intersection Improvements 330 In process - 95% design completed 49,295 49,295 49,295 49,295 49,295 - PVDE at Bronco Intersection Improvements 331 In process - 95% design completed 452,800 452,800 452,800 452,800 452,800 - Arterial Rehabilitation - Crenshaw Blvd 330 Carry forward - on hold due to Cal Water construction 200,000 200,000 200,000 - - 200,000 2,000,000 Arterial Rehabilitation - Indian Peak Rd 330 Carry forward - RFP spring/summer of 2019 - - - 200,000 1,600,000 Western Av Traffic Congestion Improvements 220 In process - need additional $100K for design 200,000 200,000 200,000 200,000 100,000 300,000 100,000 3,200,000 ADA Improvements - removal of sidewalk curb barriers 310 In process - ADA bus stop - 100% completed ADA improvement at various location - 90% design completed for 4 ramps @ various locations 139,300 165,760 305,060 122,627 115,224 67,210 67,210 67,210 - Arterial Fences and Walls- Hawthorne Blvd. Removal Program (Phase 1)330 In process - removal of walls and fences 100,000 231,129 331,129 38,270 6,935 285,924 285,924 285,924 - PROPOSED 5-YR CAPITAL IMPROVEMENT PROGRAM FY 17-18 Capital Budget FY 18-19 Capital Budget Revenue Sources B-1 Preliminary FY 2018-19 Capital Budget and 5-year Capital Improvement Program Version G W:\Finance Mgmt\Budget\Budget 2019\CIP budget\2018-05-11 CIP proposed projects & 5 year plan VERSION G.xlsx Printed: 5/25/2018 12:46 PM Project Fund Status (as of April 13, 2018) FY 17-18 Adopted Budget FY 16-17 Cont. Approp/PO Carryovers FY 17-18 Revised Budget FY 17-18 Actuals @ 4/13/18 FY 17-18 Encum @ 4/13/18 Balance @ 4/13/18 Continuing Projects from FY 17-18 FY 18-19 Projects CIP Reserves (Fund 330) HUTA/Gas Tax (Fund 202) Beautification (Fund 212) Proposition C (Fund 215) Proposition A (Fund 216) Measure R (Fund 220) TDA (Fund 340) Community Dev Block Grant (CDBG) (Fund 310) Restricted Donations (Fund 228) 1911 Act Street Lighting (Fund 211) NEW State Grant (Fund 332) NEW Federal Grant (Fund 331) Quimby (Fund 334) FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 PROPOSED 5-YR CAPITAL IMPROVEMENT PROGRAM FY 17-18 Capital Budget FY 18-19 Capital Budget Revenue Sources Arterial Fences and Walls Standards - Citywide (Phase 2)330 NEW - Pending Council of a design concept. Reviewed & ranked #3 by IMAC 25,000 25,000 25,000 Arterial Fences and Walls Standards - Citywide Design (Phase 2)330 NEW - Pending Council of a design concept. Reviewed & ranked #3 by IMAC - - - - 75,000 Arterial Fences and Walls Standards - Citywide Construction (Phase 2)330 NEW - Pending Council of a design concept. Reviewed & ranked #3 by IMAC - - - 1,000,000 Hawthorne Blvd Traffic Signal Synchronization 330 Completed 25,915 25,915 69,546 5,172 (48,803) - PVDE Guardrail Replacement 330 Completed 13,760 13,760 19,062 62,393 (67,695) - Residential Street Rehabilitation Program Area 5 Design 330 Carry forward - scheduled for future year - - - - 500,000 Residential Street Rehabilitation Program Area 5 Construction 330 Carry forward - scheduled for future year - - - - 3,500,000 Residential Street Rehabilitation Program Area 7 Construction 330 Completed 3,300,000 278,857 3,578,857 3,549,165 112,560 (82,867) - Residential Street Rehabilitation Program Area 7 Construction 332 Completed 243,183 243,183 243,183 - Residential Street Rehabilitation Program Area 7 Construction 340 Completed 82,500 82,500 34,505 47,995 - Residential Street Rehabilitation Program Area 8 Design 330 Carry forward - 100% design completed. 391,703 391,703 46,263 345,440 - - Residential Street Rehabilitation Program Area 8 Construction 330 Carry forward - out for advertise - - 3,500,000 3,500,000 3,500,000 Residential Street Rehabilitation Program Area 9 Design 330 Carry forward - scheduled for future year - - - - 500,000 Residential Street Rehabilitation Program Area 9 Construction 330 Carry forward - scheduled for future year - - - - 3,500,000 PVDW Median Improvements at Palos Verdes Estates 212 In process - 100% design completed 475,000 475,000 24,553 17,767 432,680 432,680 432,680 - Citywide Street Light Acquisition 211 In process - contract with Seimens on Council agenda for 4/17 800,000 800,000 14,720 280 785,000 785,280 785,280 - Western Avenue ALPR Project 330 In process - construction late 2018, on hold due pending purchase of SL poles from SCE. 560,000 560,000 560,000 560,000 560,000 - Crest Road Embankment Repair 330 No longer needed 90,000 90,000 6,800 10,000 73,200 - Residential Street Rehabilitation Program Areas 2&6 Design 330 Carry forward- scheduled for future year - - - - 500,000 Residential Street Rehabilitation Program Areas 2&6 Construction 330 Carry forward - scheduled for future year - - - - 3,500,000 Residential Street Rehabilitation Program Areas 3&4 Design 330 Carry forward - - 500,000 500,000 500,000 Residential Street Rehabilitation Program Areas 3&4 Construction 330 Carry forward- scheduled for future year - - - - 3,500,000 Traffic/Transportation Improvements 215 NEW - reviewed & anked #1 by IMAC - - 500,000 500,000 500,000 Total R/W and TCD 6,196,800 5,797,594 11,994,394 7,407,820 783,521 3,803,053 3,083,189 5,445,000 5,240,219 - 432,680 500,000 500,000 550,000 - 67,210 - 785,280 - 452,800 - 5,445,000 9,225,000 8,970,000 4,250,000 3,870,000 Storm Water System - Stormwater Quality SDDIP Storm Drain Deficiency Improvement Program Various Locations - Design 330 NEW - reviewed & ranked #2 by IMAC - - 250,000 250,000 250,000 Connector Pipe Screens 330 In process - Final grant being executed - RFP pending 251,100 251,100 251,100 251,100 161,100 412,200 161,100 Connector Pipe Screens 332 In process - Final grant being executed - RFP pending 600,000 600,000 600,000 600,000 600,000 - Total Storm Water Quality 851,100 - 851,100 - - 851,100 851,100 411,100 662,200 - - - - - - - - - 600,000 - - 411,100 - - - - Trails Conestoga Trail Connection 334 In process - 75% design completed 100,000 50,000 150,000 23,317 683 126,000 126,000 126,000 - Total Trails 100,000 50,000 150,000 23,317 683 126,000 126,000 - - - - - - - - - - - - - 126,000 - - - 9,327,900 8,467,737 17,795,637 9,378,808 1,831,837 6,584,992 4,992,543 9,105,100 8,721,139 - 432,680 1,100,000 500,000 550,000 - 67,210 216,000 785,280 600,000 452,800 672,534 9,105,100 11,625,000 10,420,000 5,700,000 5,370,000 Storm Water System - Repairs & Rehabilition of Existing System Storm Drain Point Repair Program 330 In process - 75% completed 32,250 32,250 1,675 30,575 - - Storm Drain Point Repair Program 501 In process - 75% completed 2,178,120 2,178,120 1,608,347 569,972 (199) - SDDIP Storm Drain Deficiency Improvement Program Various Locations 330 In process - 60% completed 504,994 504,994 211,097 26,538 267,359 - SDDIP Storm Drain Deficiency Improvement Program Various Locations 501 In process - 60% completed 1,856,972 1,856,972 1,406,671 895,937 (445,636) - Altamira Canyon Drainage Project 501 In process - 50% completed 78,321 78,321 78,321 0 - TOTAL STORMWATER ENTERPRISE FUNDS - 4,650,657 4,650,657 3,227,790 1,601,343 (178,476) - - - - - - - - TOTALS - ALL FUNDS 9,327,900 13,118,394 22,446,294 12,606,598 3,433,180 6,406,516 4,992,543 9,105,100 8,721,139 - 432,680 1,100,000 500,000 550,000 - 67,210 216,000 785,280 600,000 452,800 672,534 9,105,100 11,625,000 10,420,000 5,700,000 5,370,000 FUND 501 - WATER QUALITY FLOOD PROTECTION 330 - CIP 202 - HUTA 212 - BEAUTI 215 - PROP C 216 - PROP A 220 - MEAS R 340 - TDA 310 - CDBG 228 - DONOR 211 - 1911 ACT 332 - STATE 331 - FEDERAL 334 - QUIMBY Beginning Fund Balance 7/1/17 4,600,059 Beginning Fund Balance 7/1/17 27,079,301 248,655 479,385 412,866 2,226,200 1,961,025 - 883,978 2,051,302 - - 2,356,590 Estimated FY 17-18 Revenue 25,000 Estimated FY 17-18 Revenue 285,518 1,261,200 5,000 667,000 803,000 508,600 202,801 10,000 617,800 1,052,792 22,000 Projected FY 17-18 Expenses 3,227,790 Estimated FY 17-18 Transfer-in 4,526,000 Estimated to be encumbered by 6/30/18 1,601,343 Projected FY 17-18 Expenses 7,596,108 226,823 24,553 232,699 270,716 34,505 122,627 16,413 44,320 20,112 927,623 Estimated Fund Balance 6/30/18 (204,074)Estimated to be encumbered by 6/30/18 1,082,653 4,823 17,767 367,301 35,472 - 115,224 67,587 280 - 195,539 Estimated Fund Balance 6/30/18 23,212,058 1,278,209 442,065 479,866 2,723,013 2,469,625 (34,505) (35,049) 809,978 2,624,502 - 1,032,680 1,255,428 Proposed FY 18-19 Capital Revenue - Proposed FY 18-19 Transfer-in Proposed FY 18-19 Capital Revenue 285,500 1,798,600 5,000 702,400 841,900 545,400 34,505 139,300 17,000 628,000 600,000 452,800 73,000 FY17-18 Continuing appropriation - Proposed FY 18-19 Transfer-in 4,835,671 Proposed FY 18-19 Capital Budget FY17-18 Continuing appropriation 1,616,039 - 432,680 - - 450,000 - 67,210 216,000 785,280 600,000 452,800 372,534 Proposed FY 18-19 Capital Budget 7,105,100 - - 1,100,000 500,000 100,000 - - - - - - 300,000 Proposed FY 18-19 Operating Budget 1,618,800 622,184 5,000 617,000 316,000 Estimated Fund Balance 6/30/19 (204,074) Estimated Fund Balance 6/30/19 19,612,090 1,458,009 14,385 82,266 2,442,729 2,465,025 0 37,041 605,978 1,850,222 - 716,680 655,894 Total B-2