CC SR 20210601 02 - Budget Hearing_Final
PUBLIC HEARING
Date: June 1, 2021
Subject: Consideration and possible action to conduct a public hearing on the Fiscal Year 202 1-
22 Draft Budget for all City’s funds, the Five-Year Capital Improvement Program, and
Improvement Authorities.
Recommendation:
1. Conduct a public hearing on the FY 2021-22 Budget of all City’s funds, the Five-Year Capital
Improvement Program, and Improvement Authorities; and
2. Continue the public hearing to June 15, 2021.
3. Report of Notice Given: City Clerk Takaoka
4. Declare Public Hearing Open: Mayor Alegria
5. Request for Staff Report: Mayor Alegria
6. Staff Report & Recommendation: Trang Nguyen, Director of Finance
7. Council Questions of Staff (factual and without bias):
8. 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 spea kers who
intend to speak.
7. Declare Hearing Closed/or Continue the Public Hearing to a later date: Mayor Alegria
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.
CITY COUNCIL MEETING DATE: 06/01/2021
AGENDA REPORT AGENDA HEADING: Public Hearing
AGENDA TITLE:
Consideration and possible action to conduct a public hearing on the Fiscal Year 2021-
2022 Budget for all City’s funds, the Five-Year Capital Improvement Program, and
Improvement Authorities.
RECOMMENDED COUNCIL ACTION:
(1) Conduct a public hearing on the FY 2021-22 Budget of all City’s funds, the Five-
Year Capital Improvement Program, and Improvement Authorities; and
(2) Continue the public hearing to June 15, 2021.
FISCAL IMPACT: The Citywide FY 2021-22 Budget includes total revenues of about
$42.9 million and total expenditures of almost $44.5 million,
including transfers and Improvement Authorities. The total General
Fund revenues of almost $30.1 million and expenditures of $27.4
million, excluding transfers.
Amount Budgeted: N/A
Additional Appropriation: N/A
Account Number(s): None
ORIGINATED BY: Christopher Browning, Senior Administrative Analyst
Vina Ramos, Deputy Director of Finance
REVIEWED BY: Trang Nguyen, Director of Finance
APPROVED BY: Ara Mihranian, AICP, City Manager
ATTACHED SUPPORTING DOCUMENTS:
A. FY 2021-22 Budget Summary (page A-1)
B. FY 2021-22 CIP Budget and 5-year CIP (page B-1)
C. One-time vs. recurring revenues and expenditures (C-1)
BACKGROUND:
The City’s budget is a financial plan based on anticipated revenues and expenditures in
a fiscal year starting July 1 through June 30. Each year, the City’s budget is prepared,
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applying the City’s long tradition of fiscal responsibility, prioritizing public safety, and
providing the highest possible service levels to the community. Like other local
governments across the country, this is the second year that the City’s budget process
included the projected financial impacts from the COVID-19 pandemic. As
demonstrated in the report, though revenues that were impacted have not fully
recovered, Staff continues to see positive recovery trends in the City’s primary sources
of revenues.
One of the City’s primary revenue sources impacted the most by this health pandemic is
the Transient Occupancy Tax (TOT). Since this revenue mainly supports the Capital
Improvement Program (CIP), the drop in the revenues in the past two years has
resulted in another year of reassessment of the capital projects, focusing on projects
that were ranked the highest and maximizing the restricted funds for the city capital
needs. The rankings on projects were based on available funding sources in FY 202 1-
22, immediate needs centered on public safety concerns, mandated by
federal/state/local governments, and supports the City Council Goals.
The City’s operating fund, the General Fund, is estimated to end FY 2021 -22 with an
Unrestricted Excess Reserve (surplus) of approximately $8.8 million, after applying the
50% City Council’s Policy Reserve of $13.7 million which is primarily attributed to the
City’s solid financial foundation, financially conservative approach, and stable Property
Tax revenues. This surplus also accounts for funding for FY 2021-22 City Council
Goals, the first year of transfers to Employee Pension Service Fund to address the
City’s pension liability, and additional transfers to CIP to replenish revenue loss from the
prior year.
Budget Process
The City’s budget process starts with the City Council Goals Workshop. This workshop
is for the City Council to review the progress of the current FY 2020-21 City Council
Goals. At this workshop, the City Council also sets the framework for the FY 2021-22
Goals and directs Staff on the priorities for the upcoming budget.
Next are the Budget Workshops, which documents the budget assumptions based on
midyear figures framing the following year's budget. Prior to presenting to the City
Council, Staff reports the assumptions, projects, and programs to the City Council’s
appointed Committees – Finance Advisory Committee (FAC), Infrastructure
Management Committee (IMAC), and the Planning Commission (PC).
After the budget workshops, Staff presents the Preliminary Budget as a regular
business at a City Council meeting. Staff reports the changes from the Budget
Workshops to the Preliminary Budget based on third-quarter figures, including the CIP
Fund, Special Revenue Funds, and the Equipment Replacement Fund. In this meeting,
Staff confirms that the Preliminary Budget presented is in accordance with City Council
Policy No. 45, Balanced Operating Budget. The policy is to ensure that the City Council
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adopts a structurally balanced budget, where recurring revenues are greater than or
equal to recurring expenditures.
After completing the FY 2021-22 City Council Goals in February, two FY 2020-21
Budget Workshops in March/April, and the review of the Pre liminary Budget in May, the
City Council is then presented the FY 2021-22 Budget at a duly noticed public hearing.
Tonight, the budget public hearing is a comprehensive report that documents the
forthcoming year's budget. The analysis presented in the report are comparing between
the budgets to the estimated year-end results. Additionally, this report highlights the
summary for FY 2020-21 General Fund Balance and the FY 2021-22 Budget
Assumptions for General Fund, Capital Infrastructure Project Fund, Special Revenue
Funds, and Equipment Replacement Fund. As illustrated below, if the budget presented
this evening is accepted, the City Council may consider adopting the budget on June
15.
DISCUSSION:
FY 2020-21 General Fund Year-end Estimates Updates
As presented at the Preliminary Budget on May 18, 2021, the General Fund revenues
are estimated to end at approximately $28.5 million, and expenditures are estimated to
end slightly over $27.8 million, net of transfers. The estimated year-end is inclusive of
over $1.7 million or 6% savings, which is a combination of reduction of transfers to CIP
and savings identified during midyear and third quarter reviews. Of this amount, over
$1.1 million of the estimated savings are from citywide reduced operating activities,
deferred/unfilled vacancies, and continuous prudent spending. The remaining $583,300
is a reduction of the transfers to CIP, based on the anticipated year-end for Transient
Occupancy Taxes (TOT). The $1.7 million in savings is then offset by approximately
$670,700 or 2% lower-than-expected revenues, mainly from TOT and Sales Tax. As a
result, Staff estimates the General Fund would end the year with a fund balance of
almost $22.5 million. After applying the City Council’s 50% Reserve Policy, the General
Fund’s estimated Excess Unrestricted Fund Balance would be roughly $9.4 million, an
increase of $1.6 million or 21% over FY 2020-21 Revised Budget.
City Council
Goals
Workshop
February 22
Budget
Workshops
March 30 (GF)
April 12 (CIP)
Preliminary
Budget
May 18
Public Hearing
June 1
Budget
Adoption
June 15
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Table 1 – FY 2020-21 YE General Fund Balance Estimates
FY 2021-22 General Fund Budget
Overview
On May 18, 2021, Staff presented the Preliminary Budget at a regular scheduled City
Council meeting. At this meeting, Staff reported the budget changes based on direction
received at the City Council Goals Workshop held in February and the two Budget
Workshops that were held in March and April. Subsequently, the results from the budget
process were combined to develop the FY 2021-22 Budget.
Overall, based on the assumptions that incorporate City Council’s directives and new
additional information, Staff estimates that the FY 2021 -22 Operating Revenues is
$30.1 million (before transfers-in) and Operating Expenditures of $27.1 million, before
transfers-out and excluding one-time expenditures. Staff estimates a surplus of almost
$3 million, before transfers-out and one-time expenditures. After applying the transfers
and one-time expenditures, the General Fund is estimated to have a surplus of $62,300
by June 30, 2022.
General Fund
FY 2020-21
Revised
Budget
FY 2020-21
Year-End
Estimates
Beginning Fund Balance - 7/1/2020 21,748,709 21,748,709
Add: Revenues 28,969,900 28,299,200 (670,700)-2%
Add: Transfers-In 230,000 230,000 - 0%
Total Revenues 29,199,900 28,529,200 (670,700)-2%
Less: Expenditures (27,353,386) (26,215,600) (1,137,786)-4%
Less: Transfers to CIP (2,140,500) (1,557,200) (583,300)-27%
Less: Other Transfers-Out (30,000) (30,000) - 0%
Total Expenditures (29,523,886) (27,802,800) (1,721,086) -6%
Unaudited Ending Fund Balance - 6/30/2021 21,424,723 22,475,109 1,050,386 5%
50% Reserve Policy 13,676,693 13,107,800 (568,893) -4%
Unrestricted Excess/(Deficit) Reserve - 06/30/21 7,748,030 9,367,309 1,619,279 20.9%
FY 2020-21
Variances
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Table 2: General Fund Revenues and Expenditures Summary
A detailed explanation of the budget assumptions for the FY 2021-22 Budget is
provided below.
FY 2021-22 General Fund Revenues:
Staff is projecting an overall increase of $1.7 million or 6.2% in General Fund operating
revenues (net of transfers) over the FY 2020-21 year-end estimates at third quarter.
Table 3 – General Fund FY 2021-22 Preliminary Revenue Budget
Below is a recap of the updates to the FY 2020-21 year-end estimates and the budget
FY 2021-22 General Fund Revenues.
Property Tax
Property Tax continues to be the largest and historically most stable revenue source in
the City. Revenue is projected to reach almost $15 million, an increase of 5% over FY
2020-21 year-end estimates. Revenue growth primarily comes from growth in assessed
General Fund Recurring One-Time Total
Opreating Revenues 30,075,700$ 30,075,700$
Less: Operating Expenditures (27,103,400) (315,000) (27,418,400)
Structural Surplus/(Deficit) 2,972,300$ (315,000)$ 2,657,300$
Transfers-In 350,000 - 350,000
Less: Tranfers-Out 2,328,800 616,200 2,945,000
Surplus/(Deficit)993,500$ (931,200)$ 62,300$
Revenue Current Budget 3rd Qtr Year-End
Estimate Budget
Property Tax $14,129,700 $14,310,700 $14,960,300 $649,600 4.5%
Transient Occupancy Tax 3,762,500 2,836,000 3,978,400 1,142,400 40.3%
Sales Tax 2,312,300 1,972,300 2,163,400 191,100 9.7%
Permits & Fees 1,819,200 1,805,500 2,083,100 277,600 15.4%
Franchise Tax 2,167,500 2,150,000 2,150,000 0 0.0%
Utility Users Tax 2,099,700 2,099,700 1,915,000 (184,700) -8.8%
Other Taxes & Misc. Revenues 2,679,000 3,125,000 2,825,500 (299,500) -9.6%
Subtotal $28,969,900 $28,299,200 $30,075,700 $1,776,500 6.3%
Transfer 230,000 230,000 350,000 120,000 52.2%
Total Revenues $29,199,900 $28,529,200 $30,425,700 $1,896,500 6.6%
FY21-22 Budget vs.
FY20-21 YE Estimates
FY 2020-21 FY 2021-22
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property values, which is capped at 2% annually. Additional growth can come from
home sales which trigger property reassessments and Proposition 8 value recaptures.
There are three primary factors that determine the annual change in property tax
revenue received by the City:
• Inflation (Based on the California Consumer Price Index – CCPI)
All properties not reduced by Proposition 8 are subject to a maximum CCPI
increase of 2% annually. For FY 2021-22, the County Assessor will be applying a
1.036% increase to these properties resulting in a $138 million increase to real
property value within the City.
• Transfer of Ownership (Sale of property to new owner)
For those properties that have sold between January and December 2020, the
increase in value has been factored into the property tax revenue calculation and
provided an additional $294 million in property value.
• Proposition 8 Recapture (Additional increase in assessed property value)
Proposition 8 allows for properties that have experienced a decrease in value
due to a downturn in the housing market to have the value used in the calculation
of their property tax be based on the current market price. As home values
recover, properties that received this relief can experience an annual increase in
assessed value at a rate greater than the 2% CCPI limit mentioned above. This
recapture in value accounted for an additional $41 million in property value.
The three factors mentioned above plus several other factors used in the calculation of
property tax combined to make an expected 3.52% increase in overall property value.
This increase plus Property Tax Transfer revenue, which is generated when a property
is sold, property tax revenue received in lieu of vehicle license fees, and other small
revenue sources were used in creating the projection of almost $15 million for FY 2021 -
22.
Property Taxes
FY 2020-21 Current Budget: $14,129,700
FY 2020-21 Year-End Estimate: $14,310,700
FY 2021-22 Budget: $14,960,300
Net Change over YE: +$649,600 or 4.5%
Transient Occupancy Tax (TOT)
TOT revenue is generated by the 10% tax collected from hotels that are located within
the City. The tax imposed on any hotel is based on temporary occupancy, meaning a
period of thirty consecutive days or less. The City receives about 98% of the TOT
revenue from the Terranea Resort. For FY 2021-22, TOT revenue is projected to reach
nearly $4 million, an increase of 40.3% over FY 2020-21 year-end estimates.
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Although revenue is increasing due to an increase in demand and less state-wide
restrictions, it is still unknown when business travel will resume, and how severe the
impact will be on potential future revenue. For this reason, staff remains cautious in its
estimates. The vast majority of this increase is from an increase in revenue from
Terranea Resort. Projections show TOT revenue from Terranea increasing from $2.7
million during FY 2020-21 to $3.8 million in FY 2021-22. The City also receives TOT
revenue from another smaller hotel which make up the remaining 2% of TOT revenue.
This property is expected to generate $160,000 during FY 2021-22.
Overall, TOT revenue is projected to recover but is still $2.6 million or 40% below the
$5.6 million in revenue received during FY 2018-19. As leisure and business travel
return, Staff will continue to monitor the recovery of TOT revenue.
Transient Occupancy Tax
FY 2020-21 Current Budget: $3,762,500
FY 2020-21 Year-End Estimate: $2,836,000
FY 2021-22 Budget: $3,978,400
Net Change over YE: +$1,142,400 or 40.3%
Sales and Use Tax
During Staff’s preliminary analysis, revenue is projected to increase by $191,100 or
9.7% reaching over $2.1 million in FY 2021-22 compared to the FY 2020-21 year-end
estimate. This growth is projected result from a more stable and consistent reopening of
businesses across the state. This estimate brings revenue in line with what the City
received during FY 2019-20. As we proceed through the remainder of FY 2020-21, a
clearer picture should develop of future sales tax revenue. Staff will continue to monitor
this revenue source and provide updates if necessary.
Sales and Use Tax
FY 2020-21 Current Budget: $2,312,300
FY 2020-21 Year-End Estimate: $1,972,300
FY 2021-22 Budget: $2,163,400
Net Change over YE: +$191,100 or 9.7%
Permits and Fees
This revenue source is comprised of roughly 17 permit and fee types, such as building
and safety permits, plan check permits, planning, and zoning permits, and animal
licenses. Due to the variety of items, revenue can vary from year-to-year. Revenue has
been adjusted from the original year-end estimate of just under $1.88 million to $2.08
million, a $77,600 or 4.3% increase over year-end estimates, to reflect the approval of
the new Master Fee Schedule by the City Council on April 20, 2021. The adoption of the
new fee schedule is projected to produce approximately $240,000 in new revenue. Staff
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is accounting for a slightly more conservative increase of $200,000 as Staff monitors the
inflow of permits and fees revenue over the upcoming fiscal year.
Permits and Fees
FY 2020-21 Current Budget: $1,819,200
FY 2020-21 Year-End Estimate: $1,805,500
FY 2021-22 Budget: $2,083,100
Net Change over YE: +$277,600 or 15.4%
Franchise Tax
Staff is projecting that franchise tax revenue will remain flat compared to FY 2020-21
year-end estimates, with $2.15 million in revenue. The City receives payments from
franchisees for the use of municipal rights-of-way. This revenue source is primarily
received from Southern California Edison and Southern California Gas Company. The
main drivers for this revenue are the consumption and price of natural gas. Staff uses
historical data and industry projections for this revenue estimate. FY 2021-22 revenue is
projected to remain relatively flat, and Staff is not anticipating any significant impact to
this revenue source.
Franchise Taxes
FY 2020-21 Current Budget: $2,167,500
FY 2020-21 Year-End Estimate: $2,150,000
FY 2021-22 Budget: $2,150,000
Net Change over YE: No changes
Utility User Tax (UUT)
Revenue is projected to decrease by $184,700 or 8.8%, reaching $1.9 million in FY
2021-22 compared to the FY 2020-21 year-end estimate. UUT is dependent on outside
factors, including weather conditions, consumption of utilities, natural gas prices, and
rate increases. Staff used historical data, information available pertaining to the cost of
natural gas, and the projected increases estimated by the Bureau of Labor Statistics for
the Consumer Price Index for All Urban Consumers (CPI-U) in the calculation of this
projection. For FY 2021-22, Staff projects revenue will return to levels experienced prior
to the pandemic as workers return to offices and at home utility usage falls. A decrease
of $184,700 or 8.8% compared to FY 2020-21 year-end estimates is projected.
UUT
FY 2020-21 Current Budget: $2,099,700
FY 2020-21 Year-End Estimate: $2,099,700
FY 2021-22 Budget: $1,915,000
Net Change over YE: - $184,700 or -8.8%
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Other Taxes and Miscellaneous Revenues
During Staff’s analysis, revenue is projected to decrease by $299,500 or 9.6% reaching
over $2.8 million in FY 2021-22 compared to the FY 2020-21 year-end estimate. This
revenue category consists of over 20 unique revenue sources including business
license tax, golf tax, interest earnings, rental/lease, and parking lot fees. This revenue
source can vary widely from year to year due to the various revenue sources included in
this category.
Other Taxes & Miscellaneous Revenues
FY 2020-21 Current Budget: $2,679,000
FY 2020-21 Year-End Estimate: $3,125,000
FY 2021-22 Budget: $2,825,500
Net Change over YE: - $299,500 or -9.6%
Chart 1 – General Fund FY 2021-22 Revenue Budget
FY 2021-22 General Fund Expenditures:
Overall, the General Fund expenditures, including transfers out, are anticipated to
increase by almost $2.6 million or 9.2% over the FY 2020-21 third quarter year-end
estimates. Of this increase, almost $1.4 million or 86% over year-end estimates is from
the Transfers-Out category, mainly from the approval of one-time additional TOT
transfers to CIP, additional TOT transfers from the increased revenue projections, and a
one-time transfer to the Employee Pension Service Fund. The remaining increase of
almost $1.2 million or 4% over year-end estimates is a combination of savings from the
non-personnel category and an increase in the personnel category. A detailed
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explanation of the budget assumptions for the FY 2021-22 Budget for Expenditures is
provided below.
Chart 2 and Table 4 below illustrate the comparison of the budget for FY 2020-21
Revised Budget, FY 2021-22 Year-End Estimates, and FY 2021-22 Budget.
Chart 2 – FY 2020-21 and FY 2021-22 Budget Comparison
Table 4 – FY 2020-21 and FY 2021-22 Budget Comparison
FY 2021-22
Expenditure Type Revised Budget 3rd Qtr Year-
End Estimates Budget
Salaries $8,338,100 $7,382,363 $8,601,400 $1,219,037 16.5%
Benefits 2,736,900 2,710,515 3,377,700 $667,185 24.6%
City Attorney 975,000 905,000 940,000 $35,000 3.9%
Sheriff Contract 7,110,900 7,101,900 7,150,200 $48,300 0.7%
Supplies 608,025 514,402 574,500 $60,098 11.7%
Professional/Technical 3,025,946 3,127,200 2,571,700 ($555,500) -17.8%
Repairs/Maintenance 3,067,940 2,958,620 2,517,400 ($441,220) -14.9%
Training/Conference 311,400 258,246 325,100 $66,854 25.9%
General Liabilities Premium 769,600 769,600 735,400 ($34,200) -4.4%
Equipment Replacement 93,600 93,600 281,500 $187,900 200.7%
Other Misc Expense 315,975 394,155 343,500 ($50,655) -12.9%
Total Opreating Expenditures $27,353,386 $26,215,600 $27,418,400 $1,202,800 4.6%
Transfers Out 2,170,500 1,587,200 2,945,000 1,357,800 85.5%
Total Expenditures $29,523,886 $27,802,800 $30,363,400 $2,560,600 9.2%
FY 21-22 Budget vs.
FY 20-21 Estimates
FY 2020-21
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Personnel Costs
Personnel costs account for the salaries and benefits for City employees, including full-
time, part-time, City Council, and Planning Commissioners. Overall, based on the
assumptions, the personnel budget is estimated to reach almost $12 million or 39% of
the budget, including transfers-out. This is an estimated increase of almost $1.9 million
or 19% over year-end estimates. While the comparison between FY 2021-22 Budget to
FY 2020-21 year-end estimates depicts a significant increase, this is mainly due to t he
estimated savings of over $904,000 identified to end FY 20 20-21. The personnel
savings are a combination of unspent budget from the de ferred recruitments and
savings from park closures due to the Stay-at-Home Order.
The FY 2021-22 Budget and the changes from the FY 2020-21 Year-end Estimates are
highlighted below.
Personnel Costs
FY 20-21 Revised Budget: $11,075,000
FY 20-21 Year-end Estimate: $10,093,000
FY 21-22 Budget: $11,979,100
Net Change over YE: +$1,886,200 or 19%
Salaries:
Currently, the City is in the collective bargaining process with the Rancho Palos Verdes
Employee Association (RPVEA). The agreement for the next fiscal year has not been
finalized, hence, Staff estimated personnel costs for FY 2021-22 using the same terms
from the contract currently in place. As reported in detail at the budget workshops, the
significant increase in salaries resulted from restoring the funding for positions including
Assistant Planner, Building Official, and Permit Technician, updating the Code
Enforcement Officer position to Senior Code Enforcement Officer, new funding for three
part-time parking enforcement Staff for Palos Verdes Nature Preserve, and 2.2% of
COLA and merit increases based on the City’s current Memorandum of Understanding
with RPVEA.
The estimated budget for salaries in FY 2021-22 is $8.6 million, a projected increase of
approximately $1.2 million or 17% over the FY 2020-21 year-end estimates. To contain
salary increases, salary savings have been included, such as continuing partial funding
for some positions through deferred recruitments.
Major budget assumptions that account for $8.6 million in salaries for FY 2021-22
Budget are as follows for each department:
• City Administration $1.4 million or 17%
• Community Development $2.1 million or 24%
• Finance $993,700 or 12%
• Public Works $1.8 million or 21%
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• Recreation and Parks $2.2 million or 26%
• Includes Citywide over-time salaries of $78,900 or 1%
The following highlights the major changes between the FY 2020-21 Year-End
estimates and the FY 2021-22 Budget.
• $225,700 has been added to fund 100% for the Building Official and Assistant
Planner positions in the Community Development Department. In the FY 2020-21
revised budget, both positions were funded at 75% and 50%, respectively.
Therefore, the net increase is $74,900 to fully restore the positions in FY 2021-
22.
• $65,500 has been added to restore the funding for the vacant Permit Technician
position in the Community Development Department.
• $12,000 has been added to update the Code Enforcement Officer position to
Senior Code Enforcement Officer in the Community Developme nt Department.
• $76,000 accounts for new programs for Parking Enforcement Staff at the Palos
Verdes Nature Preserve.
o Includes salaries for three part-time Staff, 25 hours a week.
• $353,700 accounts for COLA and estimated merit increases for full-time
employees based on the current contract between the City and RPVEA.
o 2.2% COLA based on Consumer Price Index (CPI-U) in the Los Angeles-
Long Beach-Anaheim for March 2021.
o Merit/merit bonus at an average of 3%.
o Amounts are subject to change based upon the final agreement between
the City and RPVEA.
• To achieve the least amount of growth in salaries, the estimated increases in
salaries are offset by additional savings realized from streamlining the projections
for Recreation and Parks part-time salaries, lower overall costs for newly hired
employees and future employees, and underfilling the following positions:
• Staff Assistant I in the Public Works Department
• Accountant in the Finance Department
• Accounting Supervisor in the Finance Department
• For cost savings, several vacant positions in the past few years have been frozen
and are excluded in the current FY 2020-21 Revised Budget. While some
positions have been restored, the following positions continue to remain frozen in
the budget assumptions for FY 2021-22:
• Executive Assistant in the City Manager’s Office
• Assistant Planner in the Community Development Department
• Senior Engineer in the Public Works Department
Employee Benefits:
The estimated employee benefits for FY 2021-22 Budget is $3.4 million with a projected
increase of approximately $667,200 or 25% over the FY 2020-21 year-end estimates.
Most of the increases are attributed to the annual CalPERS unfunded actuarial liability
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payment, increased benefit rates, and additional benefit costs for restored and new
positions.
The major highlights for the budget assumptions to develop benefits of $3.4 million for
FY 2021-22 are the following:
• $1.1 million has been added for the CalPERS Unfunded Actuarial Liability
payment, an increase of $201,000 or 23% over the FY 2020-21 year-end
estimates. The payment is the City’s unfunded liability inclusive of current
employees and retired employees in Tier 1, Tier 2, and Tier 3. Of the $1.1 million
required payment, the estimated amount for Tier 1 is $1 million or 97%, Tier 2 is
estimated at $21,200 or 2%, and Tier 3 is $11,600 or 1%.
• $667,100 has been added for the CalPERS normal rate payment, an increase of
$45,300 or 7% over the FY 2020-21 year-end estimates. The payment is the
City’s normal cost for current employees that are in Tier 1, Tier 2, and Tier 3. The
estimated payments are $273,500 or 41% for Tier 1, $186,800 or 28% for Tier 2,
and $206,800 or 31% for Tier 3.
• $1 million accounts for health, dental, and vision. This is an estimated increase of
$238,800 or 34% over year-end estimates, mainly due to the added 5%
estimated cost increases for health benefits, additional benefits for restored
positions, and increases in the contribution to Health Savings Account (HSA)
aligned with the same amounts established by IRS.
• $597,400 accounts for worker’s compensation, Medicare, retirement health
savings, 401 matches, and group term life insurance. This an increase of
$182,000 or 44% over year-end estimates. The increases are mainly from the FY
2021-22 estimated salaries and additional benefits for the restored and new
positions.
Non-Personnel Costs
The non-personnel category includes the Los Angeles County Sheriff contract, legal
services, professional and technical services, repairs and maintenance, supplies,
training and conferences, and miscellaneous/other expenses. This category represents
$15.4 million or 51% of the budget, including transfers out. The FY 2021-22 Budget
includes a decrease of approximately $683,400 or 4% from FY 2020-21 year-end
estimates. The decrease is a combination of the City taking the necessary and prudent
steps to review operational spending to maximize the budget. In particular, most of the
reductions are due to Staff identifying maintenance costs that are eligible for funding
from special revenue funds, such as Measure W and Measure R, instead of the General
Fund. Additionally, Staff reviewed the line item budgets, performed analysis using
historical information, and adjusted the budget accordingly. The Finance Department
and Department Heads carefully reviewed the adjustments with final approval from the
City Manager to verify that the requested budgets accurately line up with the City’s
anticipated needs while maintaining current high service levels to the community.
13
Non-Personnel Costs
FY 20-21 Revised Budget: $16,278,400
FY 20-21 Year-end Estimate: $16,122,700
FY 21-22 Budget: $15,439,300
Net Change over YE: -$683,400 or 4%
The major highlights for the budget assumptions to develop the non-personnel budget
of $15.4 million for FY 2021-22 are as follows:
Sheriff’s Contract:
• Accounts for almost $7.2 million or 24% of the budget, including transfers out.
• Includes Sheriff Contract increase of $101,000 or 1% over FY 2020-21 contract.
The slight increase is due to dramatic budget curtailments and overtime
mitigation.
• Includes general law safety services and 11% liability insurance.
Legal Services:
• Accounts for $940,000 or 3% of the budget, including transfers out.
• The City contracts with Aleshire & Wynder, LLP for general legal services,
litigation, code enforcement, labor negotiations, and legal services related to
public records act requests.
• The FY 2021-22 Budget increases approximately $35,000 or 4% over FY 2020-
21 year-end estimates, primarily from lower litigation needs in FY 2021-22.
Professional and Technical Services:
• Accounts for approximately $2.6 million or 8% of the budget, including transfers
out.
• Majority of this category includes managed information technology services,
RPVtv, engineering, environmental planning, code enforcement,
flagging/crossing guard services, recreation program instructors, special events,
inspections, the peafowl program, other legal services, audit services, and other
miscellaneous consulting services. Additionally, if needed, this category includes
staff augmentation services to address the staffing shortages from the unfilled
vacant positions.
• The budget decreased by approximately $871,000 or 28% over year-end
estimates. The main decreased amount is a combination of estimated savings
listed below:
o City Clerk’s election costs are estimated to decrease by $135,000 due to one-
time costs from the prior year are no longer needed in FY 2021-22.
o Public Works’ services are expected to have a net decrease over FY 2020-21
year-end estimates of roughly $424,000. The reduction is attributed to Staff
identifying maintenance costs that are eligible to be funded from special
revenue funds instead of General Fund. About $320,000 of the reduction in
the General Fund is allocated to Measure W. Additionally, Staff identified
further cost savings by maximizing and reducing contract costs.
14
o Community Development’s services are expected to have a net decrease of
about $312,000 over year-end estimates. The major reduction is from one-
time cost in FY 2020-21 in the amount of $240,000 for the Housing Element
Update Project. The remaining savings are attributed to less budget for
augmentation of services for planning and building safety from restoring the
funding for salaries of vacant positions.
• The savings above of $870,000 are offset by the one-time estimated costs of
$315,000 for the FY 2021-22 City Council Goals listed below. As such, the net
decrease in this category is approximately $556,00 over FY 2020-21 year-end
estimates.
o $100,000 (Public Works) – in coordination with SCE, develop a Utility
Resilient Advancement Master Plan to harden above -ground utility lines
including a tentative timeline to potentially underground utilities; and continue
to lobby the California Public Utilities Commission to modify the requirements
for Rule 20A undergrounding funds to include high fire risk areas.
o $50,000 (Public Works) - identify alternative energy resources with the
capability to store energy or sell it back to the grid system, which could power
the City. The first phase is to identify potential alternative energy and the cost
associated with this plan.
o $40,000 (Public Works) - Develop an Arterial Fences and Walls Master Plan
for the City Council’s consideration that retains neighborhood identity and
describes the type (material and height) of fence or wall, if any, to be placed
along major arterial streets in the City.
o $50,000 (Community Development) - develop a SWOT analysis of
commercial properties along Western Avenue to identify economic
development opportunities to enhance retail establishments and create
mixed-use projects.
o $75,000 (Recreation and Parks) - host five City-sponsored events or activities
at the Civic Center throughout the fiscal year.
Repairs and Maintenance:
• Accounts for $2.5 million or 8% of the budget, including transfers out.
• Category includes repair and/or maintenance services for City owned properties
and public right-of-way, mainly managed by the Public Works Department. The
services budgeted in General Fund are generally routine repairs and
maintenance and for emergency services, including service requests from
residents. These services also include annual repairs and maintenance for
hardware, software, City Hall, streets, parks, trails, open space, trees, traffic,
stormwater, and vehicles. Additionally, the fuel modification program and City-
wide utilities are included in this category.
• The FY 2021-22 Budget is estimated to decrease by approximately $441,000 or
15% from FY 2020-21 year-end estimates and are as follows:
o Projected to have a net decrease of $200,000 from reviewing operational
spending and identifying potential cost savings from various contracts.
15
o Additional $100,000 budget reduction for pavement and marking maintenance
services. Staff identified that this maintenance is eligible to be funded by a
special revenue fund, Measure R.
o Additional reduction of $165,000 from the Storm Water Quality maintenance .
The services were identified as eligible for Measure W funding.
o $25,000 has been added to the budget for reinstating the Neighborhood
Beautification Program, mainly to maintain neighborhood entry signs and
landscaping.
Supplies, Training and Conference, Other Miscellaneous Expense:
• The remaining non-personnel costs are supplies, training and conference, and
other miscellaneous expenses, which represents almost $1.7 million or 6%,
including transfers out.
• Majority of this category includes supplies for custodial, building, office, repairs,
small equipment, parks, special events, programs, training and conference, bank
fees, property tax assessments, general liabilities premium, and equipment
replacement charges.
• Supplies is estimated at $574,500 or 2% of the budget, the premium for the
general liabilities is estimated at $735,400 or 2%, equipment replacement
charges is estimated at $281,500 or 1%, and the remaining $343,500 or 1% of
the budget is for other miscellaneous expenses.
• The FY 2021-22 Budget increase by approximately $170,000 or 11% from the FY
2020-21 year-end estimates. The increase is mainly from increasing the funding
for the equipment replacement charges that are saved for future purchases.
Transfers Out
The Transfers-Out category in expenditures in FY 2021-22 Budget includes the
transfers to the CIP, Employee Pension Service Fund, and other funds such as the
City’s Improvement Authority for Portuguese Bend and Sub-region One. Overall, Staff
estimates approximately $2.9 million or 10% of the budget. This is an increase of
approximately $1.4 million or 86% over FY 2002-21 year-end estimates, mainly from the
approval of one-time additional TOT transfers to CIP, additional TOT transfers from the
increased revenue projections, and a one-time transfer to the Employee Pension
Service Fund.
Transfers-Out
FY 20-21 Revised Budget: $2,170,500
FY 21-22 Proposed Budget: $1,587,200
FY 21-22 Budget: $2,945,000
Net Change over YE: +$1,357,800 or +86%
Transfers-Out to CIP:
The transfer out of General Fund revenue to the CIP Fund has been a factor of the
City’s public safety contract with the Los Angeles County Sheriff’s Department since FY
2017-18. In FY 2017-2018, with the City Council’s goal to continue to enhance public
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safety services for the residents of Rancho Palos Verdes, the City Council approved
reducing the TOT transfers to the CIP Fund by the cumulative annual increases in the
public safety contract. As a result, the cost increases of the public safety contract
reduced the transfers to the CIP. For FY 2021-22, Staff estimates receiving
approximately $3.8 million in TOT revenue from Terranea. Based on this estimate, the
TOT transfer to the CIP Fund is approximately $2.2 million or 7% of the budget after
applying the cumulative annual increases since FY 2017-18 of $1.6 million in the public
safety contract as illustrated in Table 5.
17
Table 5: FY 2021-22 Transfers Out to CIP
Additionally, at the budget workshops, in accordance with City Council Policy No. 41
Reserve Policies, the City Council approved an additional General Fund transfers to
CIP in the amount of $309,200. The additional transfer is to mitigate the reduced
transfers due to the revenue loss from TOT in FY 2020-21 and the anticipated loss in
FY 2021-22. With the additional transfer, the total estimated General Fund Transfers-
Out to CIP for FY 2021-22 Budget is almost $2.6 million, an increase of almost $1
million or 64% over FY 2020-21 year-end estimates.
Transfers-Out to Employee Pension Services Fund:
During the budget workshops, the City Council also approved the first annual transfer of
$307,000 to the Employee Pension Service Fund. The transfer was approved based on
the estimated surplus in the FY 2021-22 Proposed Budget. Pursuant to the CalPERS
Pension Plan Guidelines approved in February 2021, the transfer is part of the City’s
financial plan to set aside future funding for the City’s pension liability. The balance
accumulated in the fund may help in the future, to relieve the General Fund in excess of
the pension required payments of over $900,000.
Other Transfers-Out:
Additionally, other Transfers-Out includes General Fund transfers to Subregion One
(Ocean Front Estates open space areas) and the Improvement Authority. During the
budget workshops, Staff reported that the General Fund would need to transfer funds to
subsidize Subregion One in the amount of $30,000 and the Improvement Authority for
Portuguese Bend for $55,000, totaling $85,0 00 for FY 2021-22.
In closing on expenditures, the following Charts illustrate the General Fund
expenditures by Category and Department in Expenditures excluding Transfers-Out.
FY 2021-22 TOT Estimates (Terranea)$3,800,000
Less Public Safety Increases:($1,556,200)
FY 2017-2018: $893,000
FY 2018-2019: $200,500
FY 2019-2020: $260,800
FY 2020-2021: $101,000
FY 2021-2022: $100,900
FY 2021-22 Proposed Budget - Transfer to CIP $2,243,800
18
Chart 3– FY 2021-22 General Fund Expenditures by Category, Excluding
Transfers-Out
Chart 4 – FY 2021-22 General Fund Expenditures by Department, Including
Transfers-Out
19
FY 2021-22 Estimated Fund Balance
Based on the adjusted revenue projections and the identified additions to the
expenditures during the City Council Goal Workshop, Budget Workshops, and
Preliminary Budget meeting, the estimated General Fund balance on June 30, 2022,
would be approximately $22.5 million. Compared to the FY 2020-21 year-end estimates
of $22.4 million, the fund balance is projected to increase by $62,300. Additionally, the
City Council Reserve Policy of 50% would increase by $601,400, resulting in a total of
$539,100 or 6% reduction in Unrestricted Excess Reserve over FY 2020-21 year-end
estimates. As previously mentioned, the majority of the reductions in reserves is due to
the increase in additional transfers-out of almost $1.4 million or 86% over year-end
estimates, mainly from the approval of one-time additional TOT transfers to CIP,
additional TOT transfers from the increased revenue projections, and a one-time
transfer to the Employee Pension Service Fund.
Overall, FY 2021-22 is projected to end the year again with a healthy Unrestricted
Excess Reserve of over $8.8 million, a decrease of $539,100 or 6% to the estimated
year-end of the FY 2020-21 Unrestricted Excess Reserve, as summarized in Table 6
below.
Table 6: FY 2021-22 Estimated Fund Balance
FY 2021-22 One-Time and Recurring Revenues and Expenditures
Pursuant to City Council Policy No. 45, Balanced Operating Budget, the City Council shall
adopt an annual budget where recurring expenditures do not exceed recurring revenues
and ongoing program expenditures are not funded with one -time revenue sources. In
accordance with this policy, Attachment C, lists the details for FY 2021-22 General Fund
Recurring vs. One-time Revenues and Expenditures. The FY 2021-22 Budget meets this
General Fund
FY 2020-21
Revised
Budget
FY 2020-21
Year-End
Estimates
FY 2021-22
Budget
FY 2021-22
Changes
%
Changes
Beginning Fund Balance - 7/1/2021 21,748,709 21,748,709 22,475,109
Add: Revenues 28,969,900 28,299,200 30,075,700 1,776,500 6%
Add: Transfers-In 230,000 230,000 350,000 120,000 52%
Total Revenues 29,199,900 28,529,200 30,425,700 1,896,500 7%
Less: Expenditures (27,353,386) (26,215,600) (27,418,400) 1,202,800 5%
Less: Transfers to CIP (2,140,500) (1,557,200) (2,553,000) 995,800 64%
Less: Transfers to Pension - - (307,000) 307,000 100%
Less: Other Transfers-Out (30,000) (30,000) (85,000) 55,000 183%
Total Expenditures (29,523,886) (27,802,800) (30,363,400) 2,560,600 9%
Unaudited Ending Fund Balance - 6/30/2022 21,424,723 22,475,109 22,537,409 62,300 0.3%
50% Reserve Policy 13,676,693 13,107,800 13,709,200 601,400 5%
Unrestricted Excess/(Deficit) Reserve - 06/30/22 7,748,030 9,367,309 8,828,209 (539,100) -6%
20
requirement with a surplus of almost $3 million before one -time expenditures and
transfers-out. After including all expenditures, the General Fund is estimated to have a
surplus of $62,300.
FY 2021-22 Capital Improvement Program and Special Revenue Funds
Capital Improvement Program
The City’s CIP is the City’s plan for the infrastructure projects in conjunction with the
City’s General Plan and the City Council’s Goals to identify needed capital projects
based on available sources of revenues. Additionally, the CIP provides the framework
for the City’s management team, Public Works, and the City Council. The City Council-
appointed Infrastructure Management Advisory Committee (IMAC) also assists in
developing the CIP list. The CIP projects are funded by the General Fund TOT transfers
(net of public safety cumulative increases) and Special Revenue Funds.
In light of the COVID-19 pandemic, the FY 2021-22 Budget and the City’s CIP 5-Year
Program were prepared differently for the second year, based on the available funding
sources, mainly CIP Fund. Due to the revenue loss in TOT Taxes, the FY 2019-20
transfers from the General Fund to the CIP Fund came in lower by $1.9 million
compared to FY 2018-19, which is the normal base year prior to COVID-19.
Additionally, in FY 2020-21, the year-end is estimated at $1.6 million, which is almost
$2.7 million lower from the FY 2018-19 year-end.
Based on the direction resulting from the City Council Goals Workshop, Budget
Workshops, and the Preliminary Budget Meeting, twenty-two projects are proposed to
be funded in the FY 2021-22 Budget. The estimated amount for the projects is
approximately $8 million that would be supported by the various funding sources
consisting of CIP Fund and Special Revenue Funds as presented in the following tables
below. The detailed capital project listing along with related project costs, funding
sources, and project data sheets, are also attached to this (Attachment B).
Table 7: FY 2021-22 Budget for CIP Projects – By Fund
Fund Fund Name
FY 2021-22
Preliminary Budget
202 Gas Tax 700,000
211 1911 Act 80,000
215 Prop C 995,000
220 Measure R 1,285,000
221 Measure M 150,000
221 Measure M (Grant)600,000
310 CDBG 150,000
330 CIP 2,945,000
331 Federal Grants 999,900
340 Bicycle & Ped (TDA)110,000
TOTAL $8,014,900
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Table 8: FY 2021-22 CIP Projects Budget
Overall, the estimated CIP fund balance at June 30, 2022, is over $25.1 million, and
after applying the Council Required Policy reserve of $5 million, the estimated
Restricted Excess Reserve (surplus) is almost $21 million.
Special Revenues
Special Revenues account for taxes and other revenues set aside for a specific or
restricted purpose. The City’s major special revenue funds are Gas Tax, Proposition A,
Proposition C, Measure R, and Measure M and Quimby. Most of the funding for special
revenues are designated for street maintenance, public right -of-way maintenance, park
upgrades, park maintenance, and transit-related expenses. Staff ensures that the
special revenue funds are utilized for any qualified project before CIP reserves are
appropriated.
Equipment Replacement
The Equipment Replacement Fund (ERF) is an internal service fund used to
accumulate funding to replace City equipment, furniture, and vehicles at the end of the
designated life cycle. The equipment replacement charges are General Fund
22
expenditures for all departments and the same amounts are then recorded as revenues
in the ERF.
Based on the recently modified City Council Policy No. 41 Reserve Policies, the City will
maintain a minimum reserve of 75% but no more than 100% of the estimated
replacement cost for equipment assets due to be replaced in the City’s next fiscal year.
Staff estimates that ERF will continue to have excess reserves at the end of FY 2021-
22. Therefore, Staff is recommending annual charges of $308,400 to meet the minimum
reserve of 75% instead of 100% of estimated replacement costs. The same amount is
recorded as revenues in ERF plus an estimated interest earned of 22,000. For
expenditures, the estimated amount, including depreciation, is approximately $707,800,
or 30% of the total replacement value. The same as previous years, before replacing
any fully funded equipment/vehicles, Staff will continue to assess the status and extend
the life of the asset when possible.
As a result, the projected fund balance on June 30, 2022 , is $1.9 million. After applying
the $1.8 million City Council policy reserves, the ERF is estimated to end the year with
an excess reserve of $135,600.
Table 9 below summarizes the estimated FY 2021-22 fund balances for the CIP 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 9 – Capital Improvement Program and Special Revenues Fund Balance
Capital
Improvement
Equipment
Replacement
Special Revenues
& Other Funds
Estimated Beginning Fund Balance - 7/1/2021 25,263,924 2,282,600 14,213,223
Add: Revenues 200,000 330,400 8,936,700
Add: Transfers-In from General Fund 2,553,000 - 337,000
Total Revenues 2,753,000 330,400 9,273,700
Less: Expenditures (2,945,000) (707,800) (10,212,600)
Less: Transfers-Out - - (350,000)
Total Expenditures (2,945,000) (707,800) (10,562,600)
Unaudited Ending Fund Balance - 6/30/2022 25,071,924 1,905,200 12,924,323
Restricted by City Council Policy (5,000,000) (1,769,600) (938,900)
Restricted Excess/(Deficit) Reserve - 06/30/22 20,071,924 135,600 11,985,423
23
FY 2021-22 Improvement Authority (IA)
The FY 2021-22 Budget for IA is divided into two (2) legally restricted funds, Abalone
Cove and Portuguese Bend, and provides funding to maintain landslide mitigation
resources in both geographic locations.
At the end of FY 2020-21, the fund balance is estimated to be $24,600 for the
Portuguese Bend IA Fund and $1,092,400 for the Abalone Cove IA Fund, respectively.
The Abalone Cove IA Fund is expected to have an estimated spendable fund balance of
$92,400 as the Horan agreement legally requires the City to set aside $1 million of the
fund balance to maintain landslide abatement improvements constructed by the former
Redevelopment Agency.
In FY 2021-22, total expenditures are projected to be $125,000, and total revenues,
including transfers, to be $63,000 for both funds in total. To address the deficit in the IA
funds, a General Fund transfer of $55,000 and the use of spendable fund balance of
$62,000 will be required. Based on FY 2021-22 budgeted revenues and expenditures,
Staff is estimating that at the end of FY 2021-22, the Portuguese Bend IA Fund will
have a remaining fund balance of $68 and the Abalone Cove IA Fund will have a
remaining fund balance of $1,054,862 (Attachment B).
Since interest earnings generated from available fund b alance is the sole revenue
source for this budget, Staff anticipates maintenance costs will continue to outpace the
projected revenues needed to cover them in future years.
ADDITIONAL INFORMATION:
Utility Users Tax
Municipal Code Section 3.30.190 requires that the City Manager submits to the City
Council 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 City residents during a Municipal Election.
The UUT is a source of revenue for the City that continues to be a necessary revenue
for the City’s operating needs. During the budget workshops, the City Council approved
to continue the 3% rate for UUT. Therefore, the FY 2021-22 Budget for General Fund
Estimated Estimated
Fund Balance Fund Balance
Fund 7/1/2021 Revenues Transfers In Expenditures Transfers Out 6/30/2022
IMPROV AUTH PORTUGUESE BEND 24,568 500 55,000 80,000 - 68
IMPROV AUTH ABALONE COVE 1,092,362 7,500 - 45,000 - 1,054,862
TOTALS 1,116,930 8,000 55,000 125,000 - 1,054,930
FY 2021-22 IMPROVEMENT AUTHORITY
SUMMARY OF FUNDS
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includes approximately $2.1 million or approximately 7% of the total General Fund
revenues.
Financial Model
Pursuant to City Council Policy No. 18, Five-Year Financial Model Updates (Model),
Staff reviews the Model and provides annual updates to the City Council. The policy
indicates that this process is necessary as part of the City Council’s deliberations on
any new and increased revenue measures. Although there are no new increased
revenue measures, historically, as part of the City’s annual budget process, Staff uses
the Model as an additional tool to engage in discussions and provide guidance with
decision making related to the City’s future financial health. The Model forecasts
economic conditions, including scenarios of future sources of revenues and future
spending.
In December 2020, Mayor Alegria and the City Council asked Staff to expand the model
to a ten-year or a more extended model. The expanded model would be an updated
financial tool that may provide a longer-term financial outlook beyond five years.
Additionally, at the March 30 Budget Workshop, the City Council asked Staff to
incorporate a sensitivity analysis to the model. The sensitive analysis would account for
the potential inflation in the future years.
Staff has been working with the City’s consultant to explore these requests. Hence, on
June 15, 2021, the revised Financial Model report will be presented to the City Council.
Public Notice
On May 13, 2021 and May 20, 2021, the public notice was published in the Peninsula
News announcing tonight’s public hearing and the June 15, 2021 meeting for the City
Council’s consideration to adopt the FY 2021-22 Budget consisting of the General Fund,
Capital Improvement Program, Special Revenues, and Improvement Authorities. As of
May 25, 2021, no public comment were received.
Update on the American Rescue Plan Act (ARPA)
At the Budget Workshops, Staff reported to the City Council that in the next few months,
the City Council will be asked to consider funding options on a possible City allocation
of $7.8 million from the $1.9 trillion American Rescue Plan Act of 2021 (ARPA). Since
then, Staff continued to research ARPA and attended informational presentations that
are available for local agencies. On May 10, 2021, the Department of Treasury issued
the “Interim Final Rule” (or draft) to provide guidelines on the ARPA. There are no
strings attached to the ARPA fund. There are consequences for not spending the fund
in accordance with the guideline or by the deadline (December 2024). As such, the
ARPA’s most current information is provided below.
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Eligible Uses: Four Main Categories
1. Containing/mitigating COVID-19 or negative economic impact.
2. Premium pay for essential workers.
3. For government services to the extent of the loss of revenue. This category is the
most pertinent to local agencies and defined as follows:
• Directly provide services or aid to citizens.
• Maintenance or pay-go funded building of infrastructure, including
roads;
• Modernization of cybersecurity, including hardware, software, and
protection of critical infrastructure;
• Health services;
• Environmental remediation;
• School or educational services; and
• The provision of police, fire, and other public safety services.
4. Investments in water, sewer, and broadband infrastructure.
Ineligible Uses
• Pension payments.
• Replenishing of reserves.
• Payment on any debt instruments.
Timeline
• $7.8 million allocation in two payments – the first payment is estimated to be
disbursed in FY 2021-22, and the second payment is a year later.
• Eligible costs incurred on March 3, 2021 and ending December 31, 2024.
• City may “obligate” or commit the funds ending December 31, 2024 and expend
by December 31, 2026.
• Funds must be returned if not expended by December 31, 2026.
Audit and Reporting Requirements
• Single Audit Act for any projects over $750,000
• Interim Report due on August 31, 2021. The report is the City’s recipient’s
expenditures by category at the summary level from the date of award to July 31,
2021.
• Quarterly Report due on October 31, 2021. The report is for financial data for two
quarters, including the type of projects funded, information on contracts, and sub-
awards over $50,000.
Guiding Principles
The Government Finance Officers Association (GFOA) is an association that represents
public finance officials in the United States and Canada that are deeply involved in
planning, financing, and implementing thousands of governmental operations. On a
regular basis, GFOA also issues best practices that are widely used by government
agencies. The following are GFOA’s issued guiding principles on ARPA that may be
considered by local agencies when discussing ARPA funds:
1. Temporary nature of ARPA Funds
26
o Care should be taken to avoid creating new programs or add -ons to
existing programs that require an ongoing financial commitment.
o Use of funds to cover operating deficits should be considered
temporary.
o Investment in critical infrastructure is particularly well- suited use of
ARPA because it is a non-recurring expenditure that can be targeted to
strategically important long-term assets that provide benefits over
many years. However, care should be taken to assess any ongoing
operating costs associated with the project.
2. Scanning and Partnering Efforts
o Consider regional initiatives, including partnering with other ARPA
recipients, especially regarding infrastructure efforts.
3. Take Time and Careful Consideration
o Use other dedicated grants and programs first whenever possible and
save ARPA funds for priorities not eligible for grants.
o If possible, spread expenditures over the qualifying period to enhance
budgetary and financial stability.
o Consider all alternatives for the prudent use of ARPA prior to
committing the resources.
On May 18, 2021, the City Council approved the financing options that the Finance
Advisory Committee recommended by using up to 50% of the ARPA allocation to fund
the Ladera Linda Park and Community Center Project. This is based on the following
reasons:
o Project is ready and eligible for ARPA funds under “Government services to
the extent of the loss of revenue”.
o Due to the sudden revenue loss from the Transient Occupancy Tax
(TOT) over the last 18 months, the City may use ARPA funds for the
purpose of revenue replacement. The City’s estimated revenue loss
since the pandemic is almost $4.7 million.
o Under this category, the City may have more control over how funds
can be used for capital projects. Whereas the other eligible uses are
restricted for a specific purpose (i.e., infrastructure is listed for water,
sewer, and broadband).
• Timing.
o The funding for ARPA must be obligated by December 31, 2024 and
spent by December 31, 2026. Based on the current staffing capacity
and the scheduled projects from the 5-year CIP presented to the City
Council on April 12, 2021, FAC’s opinion is that it would seem
unattainable to schedule additional capital projects and spend more
than 50% of the ARPA funds by 2024.
CONCLUSION:
As a result of the City’s long history of fiscal responsibility and maintaining healthy fund
balances, the City would be able to continue to end FY 2021-22 General Fund with an
27
estimated fund balance of almost $22.5 million, an increase of $62,300 over FY 2020-
21 year-end estimates. After applying the 50% City Council’s Policy Reserve of $13.7
million, the Unrestricted Excess Reserve would be $8.8 million. This is a reduction of
over $539,100 or 6% over year-end estimates. Though, of this amount, as previously
mentioned, almost $1.4 million or 86% over year-end estimates are one-time additional
TOT transfers to CIP transfers to replenish the revenue loss in the prior year, additional
TOT transfers from the increased revenue projections, and a one-time transfer to the
Employee Pension Service Fund.
The CIP Fund is estimated to end FY 2021-22 with a fund balance of almost $25.1
million. After applying the City Council Reserve Policy of $5 million, the CIP Fund is
estimated to have a healthy fund balance of over $20.1 million. The Equipment
Replacement Fund and all Special Revenues Funds are estimated to end FY 2021-22
with stable fund balances. The Equipment Replacement Fund is estimated to have a
fund balance of almost $1.9 million, and all other Special Revenue Funds are estimated
at approximately $12 million at the end of FY 2021-22.
Staff seeks City Council acceptance of the FY 2021-22 Budget consisting of the
General Fund, Capital Improvement Program, and Special Revenues, including the
Improvement Authorities, and continue the public hearing to June 15, 2021.
Any direction from the City Council based on the figures presented in this report will be
incorporated in the budget adoption document for the FY 2021-22 Budget that Staff will
be presenting at a duly noticed public hearing held by the City Council on June 15,
2021.
ALTERNATIVES:
In addition to the Staff recommendation, the following alternative action is available for
the City Council’s consideration:
1. Discuss and take other action related to this item.
28
Fund
No.Fund
Fund Balance
06/30/2021 Revenues Transfers In Expenditures
Transfers
Out
CIP
Transfers
Out
Other
Ending Fund
Balance
06/30/2022
101 General Fund Balance 22,475,109 30,075,700 350,000 27,418,400 2,553,000 392,000 22,537,409
101 Restricted Amount (Policy Reserve)(13,107,800)
General Fund Unrestricted Balance 9,367,309 30,075,700 350,000 27,418,400 2,553,000 392,000 22,537,409
Restricted by City Council Action
330 CIP 25,263,924 200,000 2,553,000 2,945,000 - 25,071,924
681 Equipment Replacement 2,282,661 330,400 - 707,800 - - 1,905,261
682 Employee Pension Fund - - 307,000 - - - 307,000
Subtotal Restricted by City Council Action 27,546,585 530,400 2,860,000 3,652,800 - - 27,284,185
Restricted by Law or External Agencies
202 Gas Tax 346,705 1,955,500 - 1,630,000 - - 672,205
203 1972 Act 29,085 200 - - - - 29,285
209 El Prado Lighting 37,954 2,500 - 800 - - 39,654
211 1911 Act 1,310,375 628,200 - 725,100 - - 1,213,475
213 Waste Reduction 260,457 131,000 - 340,700 - - 50,757
214 Air Quality Management 150,761 58,900 - 57,000 - - 152,661
215 Proposition C 399,512 705,200 - 995,000 - - 109,712
216 Proposition A 1,364,430 852,700 - 793,000 - - 1,424,130
217 Public Safety Grants 106,420 157,700 - - - 200,000 64,120
220 Measure R 923,041 547,500 - 1,285,000 - - 185,541
221 Measure M 195,908 1,194,200 - 1,312,000 - - 78,108
222 Habitat Restoration 622,698 12,400 - 205,600 - - 429,498
223 Subregion 1 Maintenance 378,633 14,000 30,000 41,600 - - 381,033
224 Measure A 52,284 98,000 - - - 150,000 284
225 Abalone Cove Sewer District 180,099 52,000 157,500 - - 74,599
228 Donor Restricted Contributions 772,953 25,000 - 51,000 - - 746,953
310 CDBG 52,616 365,600 - 150,000 - - 268,216
331 Federal Grants - 999,900 - 999,900 - - -
332 State Grants - 310,000 310,000 - - -
334 Quimby 935,369 25,000 - - - - 960,369
336 Low-Mod Income Housing 254,082 31,900 - - - - 285,982
337 Affordable Housing In Lieu 873,417 17,300 - - - - 890,717
338 Environmental Excise Tax 200,815 10,000 - 210,000 - - 815
340 Bikeways - 110,000 - 110,000 - - -
343 Measure W - 632,000 - 588,400 - - 43,600
Improvement Authority (IA) Funds
285 IA Portuguese Bend 24,568 500 55,000 80,000 - 68
795 IA Abalone Cove 1,092,363 7,500 - 45,000 - - 1,054,863
Subtotal Restricted by Law or External Agencies 10,564,545 8,944,700 85,000 10,087,600 - 350,000 9,156,645
TOTAL GOVERNMENT FUNDS 47,478,439 39,550,800 3,295,000 41,158,800 2,553,000 742,000 58,978,239
CITY OF RANCHO PALOS VERDES
FY 2021-22 FUND SUMMARY
FY2021-22 Estimated Resources FY2021-22 Estimated Appropriations
A-1
Actuals
FY 2017-18
Actuals
FY 2018-19
Actuals
FY 2019-20
Projected
Year-End
FY 2020-21
Budget
Workshop
FY 2021-22
Preliminary
Budget
FY 2021-22
3102-3103 Property Tax 7,840,208 8,236,989 8,576,363 8,553,800 8,997,000 8,997,000
3107 Property Tax in Lieu of VLF 4,663,495 4,920,186 5,150,914 5,275,900 5,533,300 5,533,300
3108 Redevelopment Property Tax Trust 33,760 50,255 55,594 31,000 30,000 30,000
3110 Property Transfer Tax 490,796 359,706 401,021 450,000 400,000 400,000
13,028,259 13,567,136 14,183,892 14,310,700 14,960,300 14,960,300
3101 Golf Tax 402,732 429,049 394,765 450,000 429,000 429,000
3111 Franchise Taxes 2,128,727 2,149,743 2,146,037 2,150,000 2,150,000 2,150,000
3112 Sales and Use Tax 2,437,988 2,575,202 2,079,675 1,900,000 2,079,700 2,079,700
3113 Sales Tax - PW (PSAF)82,079 85,979 83,667 72,300 83,700 83,700
3114-3117 Utility Users Tax 1,837,689 1,917,107 1,912,370 2,099,700 1,915,000 1,915,000
3120-3121 Transient Occupancy Tax 5,615,045 5,645,497 3,909,799 2,836,000 3,472,500 3,978,400
3210 Business License Tax 887,276 945,792 896,166 715,000 795,000 795,000
13,391,536 13,748,369 11,422,479 10,223,000 10,924,900 11,430,800
3202 Building & Safety Permits 1,209,868 1,152,758 954,408 985,000 990,000 1,095,100
3203 Building & Safety Plan Check 353,155 393,433 335,342 312,000 315,000 348,500
3205 Film Permits 37,125 2,930 20,081 2,000 20,000 22,100
3206 Animal Control Fees 31,835 31,365 26,734 20,000 26,000 28,800
3207 Building & Safety Fees 858 1,367 977 500 1,000 1,100
3208 Building & Safety State Building Standard 660 (521)559 500 1,000 1,100
3209 Building & Safety Geology Fees 132,649 128,272 124,614 112,900 112,900 124,900
3212 Business License Penalty 5,784 12,501 20,505 9,000 12,900 12,900
3213 Parking Permits 330 440 628 300 500 600
3214 Parking Decals 665 988 590 500 300 300
3215 Plan & Zone Permits 341,424 401,764 330,124 305,000 320,000 354,000
3216 Plan - Investigation 3,076 -----
3217 View Restoration Fees -5,106 5,106 10,200 10,200 11,300
3218 Plan - Misc. Fees 8,572 7,769 7,848 8,000 8,000 8,800
3219 Right of Way Permits 77,689 74,329 106,186 45,600 74,600 82,500
3220 Dumpster Permits 4,018 4,606 3,626 3,000 3,600 4,000
2,207,708 2,217,107 1,937,328 1,814,500 1,896,000 2,096,000
3501 Tow Fees 8,383 6,225 5,976 3,000 5,800 5,800
3502 False Alarm Fines 11,400 18,200 11,250 4,800 4,800 4,800
3503 Misc. Court Fines 91,165 91,460 95,301 92,900 61,800 61,800
4140-3504 Code Enforcement Citations 32,805 12,674 15,338 22,000 22,000 22,000
143,753 128,559 127,865 122,700 94,400 94,400
3602 Rental/Leases 226,798 171,200 158,929 249,100 224,100 224,100
5120-3602 Rent - Other Recreational Facilities --5,173 2,400 2,600 2,600
5130-3602 Rent - Hesse Park --30,436 3,000 30,000 30,000
5140-3602 Rent - Ryan Park 43,647 19,595 9,181 1,900 14,300 14,300
5150-3602 Rent - Ladera Linda 8,799 6,971 2,593 -3,100 3,100
5180-3602 Rent - PVIC 208,603 235,056 141,694 (25,800)97,600 97,600
0000-3602 Other Rental Income ------
487,847 432,822 348,006 230,600 371,700 371,700
206,893 366,409 358,232 160,000 160,000 160,000
3401 Engineering Fees 198 -----
5160-3411 Shoreline Parking Lot Fees 245,941 215,341 237,209 350,000 232,800 232,800
5120-3412 Program/Event Fees --5,723 100 4,200 4,200
5131-3412 Program/Event Fees --42,642 8,100 31,000 31,000
5170-3412 Program Fees 5,557 5,972 --6,400 6,400
5190-3412 REACH - Program Fees 10,456 13,305 2,772 -1,000 1,000
5416-3504 Parking Enforcement ----120,000 120,000
3906 Sale of Signs/Services 150 -----
262,302 234,618 288,346 358,200 395,400 395,400
3301 Federal Grant Income 64,483 -----
9101-3301 Federal Grant Income ---515,300 --
3302 Motor Vehicle in Lieu 17,121 1,359 ----
81,604 1,359 -515,300 --
Total Rentals
Interests
Charges for Services
Total Charges For Services
Total Other Taxes
Other License & Permit
Total Other License & Permit
Fines & Forfeitures
Total Fines & Forfeitures
Rentals
Statement Of Revenues - All Funds
General Fund
Property Taxes
Total Property Taxes
Other Taxes
Intergovernmental Revenue
Total Intergovernmental
Other Revenue
A-2
Actuals
FY 2017-18
Actuals
FY 2018-19
Actuals
FY 2019-20
Projected
Year-End
FY 2020-21
Budget
Workshop
FY 2021-22
Preliminary
Budget
FY 2021-22
Statement Of Revenues - All Funds
3801 Special Fund Administration 89,700 169,356 149,507 115,000 204,500 204,500
5170-3901 Donations - Special Events 5,400 4,700 100 -1,000 1,000
5180-3901 Donations - PVIC 11,667 8,411 8,423 500 1,000 1,000
5190-3901 Donations - REACH 372 1,244 942 -800 800
3901 Donations - General 1 -----
3902 CASP Fees 4,253 7,604 5,635 4,500 4,500 4,500
3904 RDA Loan Payment 117,694 139,938 114,494 298,800 154,400 154,400
3908 Successor Agency Adminstration 50,000 --16,000 16,000 16,000
5180-3701 PVIC Gift Shop 136,013 137,551 92,494 7,900 63,400 63,400
1430-3999 Misc. Revenues 1,640 2,600 1,360 1,500 1,500 1,500
3999 Misc. Revenues 173,007 333,240 184,904 120,000 120,000 120,000
589,747 804,644 557,859 564,200 567,100 567,100
30,399,649 31,501,023 29,224,007 28,299,200 29,369,800 30,075,700
Transfer In Public Safety Grant 140,000 130,000 175,000 140,000 200,000 200,000
Transfer in Measure A Maintenance 90,000 90,000 100,000 90,000 150,000 150,000
230,000 220,000 275,000 230,000 350,000 350,000
30,629,649 31,721,023 29,499,007 28,529,200 29,719,800 30,425,700
3304 State Gas Tax - 2103 167,001 142,726 293,467 291,500 376,000
3305 State Gas Tax - 2105 232,717 234,405 217,102 190,200 245,000
3306 State Gas Tax - 2106 144,561 144,587 127,927 116,100 141,000
3307 State Gas Tax - 2107 302,867 294,790 274,133 249,700 311,800
3308 State Gas Tax - 2107.5 6,000 6,000 6,000 6,000 6,000
3309 State Gas Tax - 2031 197,680 837,064 737,134 565,700 831,800
1,050,826 1,659,572 1,655,763 1,419,200 -1,911,600
3999 Misc. Revenues 63,892 48,179 49,279 38,600 38,500
3601 Interest on Investments 918 7,466 21,853 5,400 5,400
1,115,636 1,715,217 1,726,895 1,463,200 -1,955,500
3601 Interest on Investments 333 541 501 200 200
333 541 501 200 -200
3102 Assessments 2,564 2,782 2,882 2,300 2,300
3601 Interest on Investments 345 600 597 200 200
2,909 3,382 3,479 2,500 -2,500
3102 Assessments 659,534 694,107 725,690 660,000 615,200
3999 Misc. Revenues ---210,000 -
3601 Interest on Investments 24,921 37,878 24,346 13,000 13,000
684,455 731,985 750,036 883,000 -628,200
3601 Interest on Investments 5,652 ----
5,652 -----
Interest
Total State Gas Tax Fund
1972 Act Fund
All Other Funds
State Gas Tax Fund
Intergovernmental Revenue
Total Intergovernmental Revenue
Other Revenue
Total Other Revenue
Total Operating Revenue
Inter-Fund Transfers
Total Transfers In
Total General Fund
1911 Act Fund
Other Taxes
Other Revenue
Interest
Total 1911 Act Fund
Beautification Fund
Interest
Total 1972 Act Fund
El Prado Fund
Other Taxes
Interest
Total El Prado Fund
Interest
Beautification Fund
A-3
Actuals
FY 2017-18
Actuals
FY 2018-19
Actuals
FY 2019-20
Projected
Year-End
FY 2020-21
Budget
Workshop
FY 2021-22
Preliminary
Budget
FY 2021-22
Statement Of Revenues - All Funds
3302 Used Oil Payment 10,920 22,644 22,269 10,000 10,000
10,920 22,644 22,269 10,000 -10,000
3406 AB 939 Fees 219,802 188,142 194,632 132,000 116,400
3601 Interest on Investments 5,281 8,680 7,564 4,600 4,600
236,003 219,466 224,465 146,600 -131,000
3303 AB 2766 Revenue 54,916 55,414 53,834 53,500 57,400
3601 Interest on Investments 949 1,413 1,915 1,500 1,500
55,865 56,827 55,749 55,000 -58,900
3303 Proposition "C" Sales Tax 665,051 714,128 686,691 696,200 699,000
3601 Interest on Investments 8,257 15,733 14,727 6,200 6,200
673,308 729,861 701,418 702,400 -705,200
3303 Proposition "A" Sales Tax 802,855 860,943 827,835 839,400 842,200
3601 Interest on Investments 26,968 38,887 46,964 10,500 10,500
9101 Transfers in from State Grants -300,000 ---
829,823 1,199,830 874,799 849,900 -852,700
Public Safety Fund
3302 CA Brulte (COPS)139,416 148,747 155,948 158,800 156,500
3601 Interest on Investments 1,227 2,116 2,131 1,200 1,200
140,643 150,863 158,079 160,000 -157,700
3303 Measure "R" Sales Tax 498,787 535,750 514,282 535,400 537,500
3601 Interest on Investments 27,599 34,139 18,778 10,000 10,000
526,386 569,889 533,060 545,400 -547,500
3303 Measure "M" Sales Tax 452,015 603,557 578,741 528,200 1,192,400
3601 Interest on Investments 1,205 1,365 1,877 1,800 1,800
453,220 604,922 580,618 530,000 -1,194,200
Charges for Service
Interest
Total Waste Reduction Fund
Air Quality Management Fund
Intergovernmental Revenue
Interest
Waste Reduction Fund
Intergovernmental Revenue
Total Intergovernmental
Intergovernmental Revenue
Interest
Transfers in
Total Proposition "A" Fund
Total AQMD Fund
Proposition "C" Transportation Fund
Intergovernmental Revenue
Interest
Total Proposition "C" Fund
Proposition "A" Transportation Fund
Total Measure "R" Fund
Measure "M" Transit Sales Tax Fund
Intergovernmental Revenue
Interest
Total Measure "M" Fund
Intergovernmental Revenue
Interest
Total Public Safety Fund
Measure "R" Transit Sales Tax Fund
Intergovernmental Revenue
Interest
A-4
Actuals
FY 2017-18
Actuals
FY 2018-19
Actuals
FY 2019-20
Projected
Year-End
FY 2020-21
Budget
Workshop
FY 2021-22
Preliminary
Budget
FY 2021-22
Statement Of Revenues - All Funds
3302 State Grant Income 433 ----
3601 Interest on Investments 13,707 19,953 15,225 7,000 12,400
3999 Misc Revenues --3,500 --
9101 Transfer in from General Fund -----
14,140 19,953 18,725 7,000 -12,400
3601 Interest on Investments 9,364 14,969 13,442 7,000 14,000
3907 Developer Fees 22,716 ----
9101 Transfer in from General Fund 41,500 -35,000 10,000 30,000
73,580 14,969 48,442 17,000 -44,000
3303 Measure A 46,848 86,634 93,963 90,800 97,800
3601 Interest on Investments 1,184 1,648 503 200 200
48,032 88,282 94,466 91,000 -98,000
3102 Assessments 56,578 50,672 52,379 50,000 50,000
344-60 Sewer User Fees -----
3601 Interest on Investments 2,856 6,407 7,676 2,000 2,000
9101 Transfer in from General Fund 208,000 ----
9330 Transfer in from Infrastructure -----
267,434 57,079 60,055 52,000 -52,000
3601 Interest on Investments 1,045 ----
1,045 -----
3601 Interest on Investments 10,738 16,090 13,660 7,000 25,000
3901 Donations - Restricted 20,500 44,523 ---
2999-3901 Donations - City's Anniversary 15,000 ----
46,238 60,613 13,660 7,000 -25,000
3301 Grant Income 223,613 178,591 226,364 217,700 365,600
9101 Transfer In General Fund -----
223,613 178,591 226,364 217,700 -365,600
Habitat Restoration Fund
Interest
Charges for Service
Transfers In
Total Subregion 1 Fund
Measure A Fund
Intergovernmental Revenue
Intergovernmental Revenue
Interest
Other Revenues
Transfers In
Total Habitat Restoration Fund
Subregion 1 Fund
Transfers In
Total Abalone Cove Sewer Maint. Fund
Ginsburg Cultural Arts Building
Interest
Total Ginsburg Cultural Arts Fund
Donor Restricted Donations Fund
Interest
Total Measure A Fund
Abalone Cove Sewer Maintenance Fund
Other Taxes
Charges for Service
Interest
Total CDBG Fund
Interest
Other Revenue
Total Donor Restricted Donations Fund
Community Development Block Grant Fund
Intergovernmental Revenue
Transfers In
A-5
Actuals
FY 2017-18
Actuals
FY 2018-19
Actuals
FY 2019-20
Projected
Year-End
FY 2020-21
Budget
Workshop
FY 2021-22
Preliminary
Budget
FY 2021-22
Statement Of Revenues - All Funds
3301 Federal Grant -5,007 ---
-5,007 ----
3601 Interest on Investments 303,781 508,963 471,473 205,200 200,000
3999 Misc Revenues -----
9101 Transfer in from General Fund 4,526,000 4,301,852 2,410,752 1,557,200 2,553,000
9331 Transfer in from Federal Grants -1,087,318 98,300 --
4,526,000 5,389,170 2,509,052 1,557,200 -2,553,000
4,829,781 5,903,140 2,980,525 1,762,400 -2,753,000
3301 Federal Grant 1,235,012 141,442 --999,900
3601 Interest on Investments 6,799 ----
1,241,811 141,442 ---999,900
3302 State Grant -144,320 626,179 213,000 310,000
-144,320 626,179 213,000 -310,000
3907 Quimby Developer Fee 38,223 --23,700 15,000
3601 Interest on Investments 21,048 33,272 23,090 10,000 10,000
59,271 33,272 23,090 33,700 -25,000
3601 Interest on Investments 1,770 2,956 3,237 1,600 1,600
3108 Redevelopment Property Tax Trust 14,712 34,984 28,624 25,000 30,300
16,482 37,940 31,861 26,600 -31,900
3601 Interest on Investments 7,457 15,961 14,846 8,000 4,300
3907 Developer Fees 221,818 ----
3999 Misc Revenues --2,444 13,000 13,000
229,275 15,961 17,290 21,000 -17,300
3907 EET Developer Fee 156,065 39,020 114,694 7,600 7,600
3601 Interest on Investments 4,655 9,399 7,438 2,400 2,400
160,720 48,419 122,132 10,000 -10,000
3303 TDA Article 3 - SB 821 82,500 --1,000 110,000
82,500 --1,000 -110,000
Capital Improvement Fund
Intergovernmental Revenue
Total Intergovernmental Revenue
Interest
Other Revenue
Total Federal Grants Fund
State Grants
Intergovernmental Revenue
Total State Grants Fund
Quimby Fund
Transfers In
Total Transfers In
Total Capital Improvement Fund
Federal Grants
Intergovernmental Revenue
Interest
Property Tax
Total City Low-Mod Income Housing Fund
Affordable Housing Projects Fund
Interest
Charges for Service
Other Revenues
Charges for Service
Interest
Total Quimby Fund
City Low-Mod Income Housing Fund
Interest
Intergovernmental Revenue
Total TDA Article 3 Fund
Measure W
Total Affordable Housing Projects Fund
Environmental Excise Tax (EET)
Charges for Service
Interest
Total Environmental Excise Tax Fund
TDA Article 3 - SB 821 Bikeway Fund
A-6
Actuals
FY 2017-18
Actuals
FY 2018-19
Actuals
FY 2019-20
Projected
Year-End
FY 2020-21
Budget
Workshop
FY 2021-22
Preliminary
Budget
FY 2021-22
Statement Of Revenues - All Funds
3301 Local Grant ---690,000 632,000
---690,000 -632,000
3601 Interest on Investments 28,934 ----
3302 State Grant Income -200,000 ---
28,934 200,000 ----
3803 Interfund Charges 300,900 300,900 84,600 95,000 310,400
300,900 300,900 84,600 95,000 -310,400
9214 Transfer in from AQMD -----
3601 Interest on Investments 29,919 50,259 46,686 20,000 20,000
330,819 351,159 131,286 115,000 -330,400
3802 Transfer In from General Fund ----307,000
3601 Interest on Investments -----
-----307,000
12,377,908 13,277,923 10,003,174 7,912,600 -12,357,100
3601 Interest on Investments 2,484 3,451 2,136 2,600 500
3999 Misc Revenues -----
9101 Transfer in from General Fund -20,000 55,000 20,000 55,000
2,484 23,451 57,136 22,600 -55,500
3601 Interest on Investments 16,334 29,100 26,260 2,800 7,500
3999 Misc Revenues -----
9101 Transfer in from General Fund 38,000 25,000 50,000 --
54,334 54,100 76,260 2,800 -7,500
56,818 77,551 133,396 25,400 -63,000
43,064,375 45,076,497 39,635,577 36,467,200 29,719,800 42,845,800
Interest
Total Water Quality Fund
Equipment Replacement Fund
Charges for Service
Total Charges for Service
Transfers In
Interest
Total Measure W Fund
Water Quality/Flood Protection Fund
Interest
Intergovernmental Revenue
Charges for Service
Interest
Total Employee Pension Fund
Total Other Funds Revenues
Total City Revenues
Total Equipment Replacement Fund
Employee Pension Fund
Improvement Authority Funds
Improvement Authority Portuguese Bend
Interest
Other Revenue
Transfers In
Total Improvement Authority Portuguese Bend
Improvement Authority Abalone Cove
Interest
Other Revenue
Transfers In
Total Improvement Authority Abalone Cove
Total Improvement Authority Funds
A-7
Actuals
FY 2017-18
Actuals
FY 2018-19
Actuals
FY 2019-20
Projected
Year-End
FY 2020-21
Budget
Workshop
FY 2021-22
Preliminary
Budget
FY 2021-22
Transfers Out 4,813,500 4,346,852 2,550,752 1,587,200 1,851,300 2,945,000
City Council 107,310 96,251 89,739 87,712 110,700 110,700
Legal Services 1,184,798 1,160,193 1,133,169 915,000 955,000 955,000
Public Safety
Sheriff 6,108,698 6,407,659 6,683,678 7,091,900 7,150,200 7,150,200
Special Programs 1,028,469 703,365 651,804 247,346 336,700 337,600
Total Public Safety 7,137,167 7,111,024 7,335,482 7,339,246 7,486,900 7,487,800
City Administration
City Manager 872,497 802,974 645,232 670,300 705,700 709,000
City Clerk 595,565 449,731 722,453 506,019 521,600 529,800
Community Outreach 74,465 62,246 63,415 69,148 69,800 69,800
Emergency Preparedness 145,801 103,417 24,562 104,580 201,300 202,400
Emergency Operation Center --404,281 413,688 --
Rpvtv 203,701 179,549 182,624 199,365 123,100 123,100
Personnel 373,704 302,545 364,040 364,381 330,200 335,200
Risk Management ------
Information Technology - Data 1,012,124 928,886 975,570 1,066,945 1,058,000 1,059,900
Information Technology - Voice 93,138 96,277 103,792 110,000 126,000 126,000
Total City Administration 3,370,995 2,925,625 3,485,969 3,504,426 3,135,700 3,155,200
Finance
Finance 1,349,974 1,502,164 1,634,786 1,487,189 1,545,600 1,571,600
Total Finance 1,349,974 1,502,164 1,634,786 1,487,189 1,545,600 1,571,600
Non-Department
Non-Departmental 1,166,153 1,133,907 1,204,532 1,930,204 1,923,100 1,923,100
Total Non-Department 1,166,153 1,133,907 1,204,532 1,930,204 1,923,100 1,923,100
Community Development
Administration 547,072 670,903 584,244 484,516 774,400 871,200
Planning 688,279 835,015 774,257 843,969 895,900 902,600
Building & Safety 791,009 826,228 678,640 591,438 883,000 889,500
Code Enforcement 183,129 184,457 222,319 215,055 257,500 271,500
View Restoration 394,012 321,836 384,591 366,811 377,700 380,900
NCCP 16,870 11,445 ----
Geology 115,578 107,253 111,100 140,000 150,000 150,000
Animal Control 115,847 89,842 102,083 109,000 191,000 191,000
Total Community Development 2,851,796 3,046,979 2,857,233 2,750,788 3,529,500 3,656,700
Public Works
Public Works Administration 2,157,495 2,155,312 2,092,586 2,023,278 2,540,000 2,725,900
Traffic Safety 485,705 418,941 276,284 351,000 314,500 314,500
Storm Water Quality 310,929 535,921 479,833 496,000 1,000 1,000
Building Maintenance 597,137 453,631 448,644 531,000 306,000 306,000
Trails & Open Space Maintenance 935,465 404,279 421,325 390,377 360,000 360,000
Parks Maintenance -585,191 726,664 852,350 645,500 645,500
Sewer Maintenance 1,554 22,550 42,278 35,000 35,000 35,000
Street Landscape Maintenance 425,073 573,849 147,382 181,000 163,000 188,000
Fuel Modification --1,041,109 620,000 575,000 575,000
Vehicle Maintenance 40,694 41,461 37,905 46,000 46,000 46,000
Total Public Works 4,954,052 5,191,135 5,714,009 5,526,005 4,986,000 5,196,900
Recreation And Parks
Recreation Administration 1,042,367 1,026,224 964,029 1,026,436 1,233,000 1,262,700
Other Recreational Facilities 34,650 64,466 10,251 4,609 1,000 1,000
Eastview Park 4,952 7,354 52,683 65,963 76,400 76,400
Open Space Management 104,013 235,721 198,816 155,836 150,100 150,100
Park Rangers --145,826 263,012 374,800 347,000
Fred Hesse Jr. Park 215,126 187,970 180,952 179,166 202,400 202,400
Contract Classes 21,649 41,695 33,717 1,500 25,000 25,000
Robert E. Ryan Park 83,568 92,393 81,169 101,819 111,700 111,700
Ladera Linda Community Center 76,440 86,410 67,534 76,440 57,600 57,600
Abalone Cove Shoreline Park 139,626 135,175 129,636 158,300 200,700 200,700
Special Events And Programs 188,264 194,344 160,550 165,847 231,500 306,500
City Run Sports & Activities 5,659 3,066 3,164 -7,300 7,300
Volunteer Program --5,322 1,000 5,000 5,000
Point Vicente Interpretive Center 471,653 513,920 457,538 403,517 402,900 402,900
Reach 64,370 69,327 20,789 47,570 64,200 64,200
Support Services 40,978 29,084 21,194 24,016 23,400 23,400
Parking Enforcement ----85,700 117,500
Total Recreation & Parks 2,493,315 2,687,149 2,533,169 2,675,031 3,252,700 3,361,400
Total General Fund 29,429,060 29,201,279 28,538,840 27,802,800 28,776,500 30,363,400
Statement of Expenditures - All Funds
A-8
Actuals
FY 2017-18
Actuals
FY 2018-19
Actuals
FY 2019-20
Projected
Year-End
FY 2020-21
Budget
Workshop
FY 2021-22
Preliminary
Budget
FY 2021-22
Statement of Expenditures - All Funds
All Other Funds
State Gas Tax
Traffic Signal Maintenance 10,000 16,770 12,506 --
Street Pavement Maintenance 205,666 256,454 128,232 244,000 260,000
Street Landscape Maintenance 676,964 508,460 634,391 802,000 670,000
Portuguese Bend Rd. Maintenance -48,867 -30,000 -
Fuel Modification --24,750 --
Street Landscape Maintenance (CIP)471,592 -285,517 1,899,649 700,000 700,000
Total State Gas Tax 1,364,222 830,551 1,085,396 2,975,649 700,000 1,630,000
El Prado 492 593 -800 800
1911 Act
Street Lights Maintenance 566,480 536,861 461,726 480,100 570,100
Capital Improvements 48,105 856,683 509,250 400,290 80,000 155,000
Transfers Out -----
Total 1911 Act 614,585 1,393,544 970,976 880,390 80,000 725,100
Beautification
Operating Expenses -----
Street Maintenance -----
Capital Improvements 106,283 383,737 ---
Transfers Out -----
Total Beautification 106,283 383,737 ---
Waste Reduction
Operating Expenses 244,656 212,991 223,785 304,500 340,700
Transfers Out -----
Total Waste Reduction 244,656 212,991 223,785 304,500 340,700
Air Quality
Operating Expenses 49,995 50,000 -57,000 57,000
Transfers Out -----
Total Air Quality 49,995 50,000 -57,000 57,000
Prop "C" Transportation
Street Maintenance -----
Traffic Maintenance 66,699 ---
Street Maintenance (Cip)599,924 572,312 698,806 950,379 995,000 995,000
Transfers Out -----
Total Proposition "C"599,924 639,011 698,806 950,379 995,000 995,000
Prop "A" Transportation
Dial-A-Ride 630,334 705,644 777,958 854,491 793,000
Capital Projects 496,443 44,108 458,736 647,530 -
Transfers Out -----
Total Proposition "A"1,126,777 749,752 1,236,694 1,502,021 793,000
Public Safety
Transfers Out 140,000 130,000 175,000 130,000 200,000
Total Public Safety 140,000 130,000 175,000 130,000 200,000
Measure R
Street Landscape Maintenance -28,032 ---
Capital Projects -2,036,294 72,167 1,033,803 1,285,000 1,285,000
Transfers Out -----
Total Measure R -2,064,326 72,167 1,033,803 1,285,000 1,285,000
Measure M
Repairs & Maintenance 448,464 565,972 525,317 536,000 562,000
Capital Projects ----750,000 750,000
Transfers Out -----
Total Measure M 448,464 565,972 525,317 536,000 750,000 1,312,000
Habitat Restoration 150,633 149,499 172,445 205,200 205,600
Subregion 1 36,228 43,831 42,530 41,600 41,600
Measure A
Transfers Out 90,000 90,000 100,000 100,000 150,000 150,000
Total Measure A 90,000 90,000 100,000 100,000 150,000 150,000
Abalone Cove Sewer Maintenance 118,188 49,925 138,010 151,700 157,500
Ginsburg Cultural Arts Building -86,344 1,045 --
A-9
Actuals
FY 2017-18
Actuals
FY 2018-19
Actuals
FY 2019-20
Projected
Year-End
FY 2020-21
Budget
Workshop
FY 2021-22
Preliminary
Budget
FY 2021-22
Statement of Expenditures - All Funds
Donor Restricted Donations
Operating Expenses 46,724 31,259 16,770 38,422 51,000
Capital Improvements -137,683 ---
Transfers Out -----
Total Donor Restricted Donations 46,724 168,942 16,770 38,422 51,000
Community Development Block Grant 194,556 193,586 211,806 162,999 150,000
Capital Improvement Program Fund
Administration ------
Street Improvements 6,911,774 1,862,690 3,738,362 1,037,184 910,000 830,000
Parks, Trails & Open Space Improvements 425,485 215,942 78,909 372,200 215,000 365,000
Sewer Improvements --34,639 6,700 175,000 175,000
Building Improvements 9,000 135,649 36,748 174,200 325,000 500,000
Storm Water Quality Improvements -157,319 460,225 253,000
Landslide Improvements 157,349 37,132 304,026 1,075,000 1,075,000
Transfers Out -----
Total Capital Improvement 7,503,608 2,408,733 4,652,909 1,843,284 2,700,000 2,945,000
Federal Grants
Capital Improvements 197,621 -98,300 -999,900
Transfers Out -1,087,318 ---
Total Federal Grants 197,621 1,087,318 98,300 -999,900
State Grants
Capital Improvements -163,796 --310,000
Transfers Out -300,000 277,373 212,945 -
Total State Grants -463,796 277,373 212,945 310,000
QUIMBY
Capital Improvements 562,680 142,004 545,813 267,990 -
Transfers Out -----
Total Quimby 562,680 142,004 545,813 267,990 -
Environmental Excise Tax (EET)
Street Landscape Maintenance --286,881 205,000 210,000
Transfers Out -----
Total Environmental Excise Tax (EET)--286,881 205,000 210,000
TDA Article 3 - SB 821 Bikeway Fund
Capital Improvements 82,500 ---110,000 110,000
Transfers Out -----
Total TDA Article 3 - SB 821 Bikeway 82,500 ---110,000 110,000
Measure W
Operating Expenses ---632,000 588,400
Capital Improvements -----
Transfers Out -----
Total Measure W ---632,000 588,400
Water Quality/Flood Protection
Operating Expenses -----
Capital Improvements 1,070,747 811,110 ---
Transfers Out -----
Total Water Quality/Flood Protection 1,070,747 811,110 ---
Equipment Replacement 203,283 452,376 360,246 789,000 707,800
Employee Benefits ------
Total All Other Funds 14,757,118 12,973,762 11,680,463 13,020,682 6,770,000 13,965,400
Improvement Authority Funds
Improvement Authority Portuguese Bend
Operating Expenses 49,159 39,630 54,043 62,646 80,000
Capital Improvements -----
Transfers Out -----
Total Improvement Authority Portuguese Bend 49,159 39,630 54,043 62,646 80,000
Improvement Authority Abalone Cove
Operating Expenses 80,064 78,331 20,509 32,037 45,000
Capital Improvements -----
Transfers Out -----
Total Improvement Authority Abalone Cove 80,064 78,331 20,509 32,037 45,000
Total Improvement Authority Funds 129,223 117,961 74,552 94,683 -125,000
Total All Funds 44,315,401 42,293,002 40,293,855 40,918,165 35,546,500 44,453,800
A-10
Project Code Project Name Fund Prior FYs FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 TBD
8200 Series Abalone Cove Santitary Sewer System Maintenance
225 (Ab Cove sewer maint.)48,005$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ 2,420,000$ 715,000$ -$ -$
8300 Series Landslide Improvements
8301 Palos Verdes Drive South Realignment - East End 330 (CIP)121,086$ -$ -$ -$ 1,790,000$ -$ -$
8302 Palos Verdes Drive South Landslide Area Resurfacing
Program 215 (Prop. C)-$ 690,000$ 710,000$ 730,000$ 750,000$ 780,000$ -$
220 (Meas. R)635,765$ -$ 110,000$ 175,000$ -$ -$ -$
330 (CIP)-$ 1,075,000$ 65,000$ -$ -$ -$ -$
Grant -$ -$ 795,000$ 4,955,000$ -$ -$ -$
8400 Series Parks, Open Space & Recreation Facilities
8404 Fence Replacement Program 330 (CIP)326,907$ 215,000$ -$ -$ -$ -$ -$
330 (CIP)-$ 150,000$ TBD TBD TBD TBD TBD
334 (Quimby park development)489,245$ TBD TBD TBD TBD TBD TBD
Funding TBD -$ TBD TBD TBD TBD TBD TBD
8411 Lower Point Vicente Parking Lot Improvements 211 (1911 Act)-$ 80,000$ -$ -$ -$ -$ -$
8418 Hesse Park Parking Lot & Lighting Improvements 330 (CIP)75,000$ -$ -$ -$ -$ -$ 1,400,000$
8419 Hesse Park Athletic Field Improvements 330 (CIP)28,300$ -$ -$ -$ -$ -$ -$
8420 Palos Verdes Nature Preserve Signs Program 330 (CIP)178,405$ -$ -$ -$ -$ -$ 70,000$
8421 Lower Point Vicente Park Improvements 330 (CIP)50,000$ -$ -$ -$ -$ -$ 1,665,000$
84LY1 Lower Hesse Park Improvements 330 (CIP)-$ -$ -$ -$ -$ -$ 1,600,000$
84LY2 Restoration and Installation of "Bubbles" Statue 330 (CIP)-$ -$ -$ -$ -$ -$ 530,000$
8500 Series Building Improvements
8503 New Civic Center Complex 330 (CIP)168,639$ 225,000$ 340,000$ 450,000$ -$ -$ -$
85LY1 Restroom Improvements at Point Vicente Interpretive
Center 330 (CIP)-$ 175,000$ -$ -$ -$ -$ 210,000$
85LY2 Replacement of the Civic Center Storm Room 330 (CIP)-$ -$ -$ -$ -$ -$ 100,000$
85New1 Facilities Asset Management Program 330 (CIP)-$ 100,000$ -$ -$ -$ -$ -$
8700 Series Sewer & Storm Drain Improvements
8701 Storm Drain Asset Management Program 330 (CIP)-$ 115,000$ 150,000$ 185,000$ -$ 500,000$ -$
8708 Altamira Canyon Improvements (Erosion)330 (CIP)280,000$ -$ -$ -$ -$ -$ -$
8711 Bayend Drive Catch Basin Inlets and Storm Drain
Lateral 330 (CIP)42,000$ -$ -$ -$ -$ -$ 160,000$
8405 Ladera Linda Park and Community Center
City of Rancho Palos Verdes
Public Works Department
DRAFT Five Year CIP Budget for Fiscal Years 2021-22, 2022-23, 2023-24, 2024-25 and 2025-26 (and TBD)
8304 Portuguese Bend Landslide Remediation
Abalone Cove Sanitary Sewer Rehabilitation Program8202
B-1
Project Code Project Name Fund Prior FYs FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 TBD
City of Rancho Palos Verdes
Public Works Department
DRAFT Five Year CIP Budget for Fiscal Years 2021-22, 2022-23, 2023-24, 2024-25 and 2025-26 (and TBD)
8713 Upper Point Vicente Stormwater Runoff Control Project
(Helipad)330 (CIP)-$ -$ -$ -$ -$ -$ 180,000$
8714 Crest Road to Crestridge Canyon Stormwater Drainage
Improvements 330 (CIP)139,877$ -$ -$ -$ -$ -$ 1,325,000$
8715 Stormwater Drainage Improvements -
Palos Verdes Drive South at Peppertree Drive 330 (CIP)118,000$ -$ -$ 1,035,000$ -$ -$ -$
8718
Stormwater Drainage Improvements
- 6415 Corsini Place 330 (CIP)-$ 60,000$ -$ -$ -$ -$ -$
87New1 Stormwater Drainage Improvements -
Hawthorne Boulevard at Hawkhurst Drive 330 (CIP)118,000$ -$ -$ -$ -$ -$ 1,815,000$
87New2 Lift Station Improvements at Lower Point Vicente 330 (CIP)-$ -$ -$ 40,000$ 290,000$ -$ -$
8800 Series Right-of-Way Improvements (continued)
202 (Gas Tax)129,854$ 190,000$ 175,000$ -$ -$ -$ -$
0 -$ -$ -$ -$ -$ -$ -$
220 (Meas. R)201,911$ -$ -$ 305,000$ -$ 325,000$ -$
221 (Meas. M)-$ 150,000$ -$ -$ -$ -$ -$
330 (CIP)-$ 30,000$ -$ -$ -$ -$ -$
340 (Bicycle & Ped access)-$ 110,000$ -$ -$ -$ -$ -$
220 (Meas. R)170,000$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ 1,300,000$ -$ -$ -$
220 (Meas. R)150,000$ -$ -$ -$ -$ -$ -$
215 (Prop. C)-$ 305,000$ -$ -$ -$ -$ -$
221 (Meas. M - Grant)-$ 600,000$ 700,000$ 1,100,000$ 1,600,000$ -$ -$
8810 Community Development Block Grant Americans with
Disabilities Act Infrastructure Improvements 310 (CDBG)116,000$ 150,000$ 150,000$ 150,000$ 150,000$ 150,000$ -$
8811 Arterial Walls and Fences Aesthetic Improvements
Program - Citywide 330 (CIP)-$ -$ -$ -$ -$ -$ TBD
202 (Gas Tax)-$ -$ -$ -$ 90,000$ 560,000$ 140,000$
220 (Meas. R)-$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ 2,165,000$ -$
202 (Gas Tax)249,964$ -$ -$ -$ 475,000$ 100,000$ -$
220 (Meas. R)-$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ -$ 2,930,000$ -$ -$
202 (Gas Tax)-$ -$ -$ -$ -$ -$ -$
220 (Meas. R)-$ -$ -$ -$ -$ -$ 355,000$
330 (CIP)-$ -$ -$ -$ -$ -$ 2,475,000$
Sidewalk Repair and Replacement Program8801
8004 Traffic Signs Replacement Program
Pavement Management Program -
Residential Roadway Rehabilitation - Area 1
8817
Pavement Management Program -
Residential Roadway Rehabilitation - Area 5
Pavement Management Program -
Residential Roadway Rehabilitation - Area 7
8815
8816
8809 Western Avenue Traffic Congestion Improvements
Pavement Management Program -
Arterial Roadway Rehabilitation
(Crenshaw Boulevard)
8808
B-2
Project Code Project Name Fund Prior FYs FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 TBD
City of Rancho Palos Verdes
Public Works Department
DRAFT Five Year CIP Budget for Fiscal Years 2021-22, 2022-23, 2023-24, 2024-25 and 2025-26 (and TBD)
202 (Gas Tax)-$ -$ -$ -$ -$ -$ -$
220 (Meas. R)-$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ -$ -$
202 (Gas Tax)-$ -$ -$ -$ -$ 75,000$ 250,000$
220 (Meas. R)-$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ -$ 2,600,000$
202 (Gas Tax)-$ -$ -$ -$ -$ -$ 635,000$
220 (Meas. R)-$ -$ -$ -$ -$ -$ 455,000$
330 (CIP)-$ -$ -$ -$ -$ -$ 1,555,000$
215 (Prop. C)60,000$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ 645,000$ 215,000$ -$ -$ -$ -$
202 (Gas Tax)-$ -$ -$ -$ -$ -$ -$
220 (Meas. R)-$ -$ -$ -$ -$ -$ -$
330 (CIP)3,291,704$ -$ -$ -$ -$ -$ -$
202 (Gas Tax)-$ -$ -$ -$ -$ -$ 700,000$
220 (Meas. R)-$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ -$ 2,140,000$
330 (CIP)100,000$ -$ -$ -$ -$ -$ 1,830,000$
0 -$ -$ -$ -$ -$ -$ -$
330 (CIP)150,000$ -$ -$ -$ -$ -$ 400,000$
0 -$ -$ -$ -$ -$ -$ -$
202 (Gas Tax)-$ -$ -$ -$ 200,000$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ 330,000$ -$
220 (Meas. R)-$ -$ -$ -$ 70,000$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ 545,000$ -$
330 (CIP)-$ -$ -$ -$ -$ -$ 1,465,000$
0 -$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ 1,700,000$ 2,940,000$
202 (Gas Tax)-$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ -$ -$
202 (Gas Tax)-$ 45,000$ 575,000$ 530,000$ -$ -$ -$
220 (Meas. R)-$ 530,000$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ -$ 145,000$
0 -$ -$ -$ -$ -$ -$ -$
88New1 Pavement Management Program - Triennial Update 202 (Gas Tax)120,000$ 150,000$ -$ -$ 160,000$ -$ -$
88LY5
Pavement Management Program -
Arterial Roadway Rehabilitation
(Silver Spur Road - North of Hawthorne Boulevard)
Pavement Management Program -
Residential Roadway Rehabiitation - Areas 3 & 4
Pavement Management Program -
Residential Roadway Rehabilitation - Area 28826
8818
88LY6 Ganado Drive Parkway Area Aesthetic Improvements
8839 Palos Verdes Drive East Widening and Path
Improvements near Bronco Drive
8840 Western Avenue Beautification
Palos Verdes Drive West Pedestrian Crossing88LY3
Pavement Management Program -
Arterial Roadway Rehabilitation (Indian
Peak Road)
8836
Palos Verdes Drive South Intersection Improvements8828
8819
Pavement Management Program -
Residential Roadway Rehabilitation - Area 8
Pavement Management Program -
Residential Roadway Rehabilitation - Area 9
Pavement Management Program -
Residential Roadway Rehabilitation - Area 6
8834
88LY2
88LY4
88LY1
Pavement Management Program -
Arterial Roadway Rehabilitation
(Palos Verdes Drive South)
Pavement Management Program -
Arterial Roadway Rehabilitation
(Palos Verdes Drive East)
B-3
Project Code Project Name Fund Prior FYs FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 TBD
City of Rancho Palos Verdes
Public Works Department
DRAFT Five Year CIP Budget for Fiscal Years 2021-22, 2022-23, 2023-24, 2024-25 and 2025-26 (and TBD)
330 (CIP)-$ 75,000$ -$ -$ -$ -$ 870,000$
0 -$ -$ -$ -$ -$ -$ 725,000$
330 (CIP)-$ 80,000$ -$ 380,000$ -$ 250,000$ -$
220 (Meas. R)-$ 615,000$ 415,000$ 45,000$ 450,000$ 205,000$ -$
330 (CIP)-$ -$ -$ -$ -$ -$ 5,805,000$
0 -$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ -$ 255,000$
0 -$ -$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ -$ -$
331 (Federal Grants)-$ 999,900$ -$ -$ -$ -$ -$
220 (Meas. R)-$ 140,000$ -$ -$ -$ -$ -$
202 (Gas Tax)-$ 315,000$ -$ -$ -$ -$ -$
330 (CIP)-$ -$ -$ -$ -$ -$ 410,000$
0 -$ -$ -$ -$ -$ -$ -$
7,558,662$ 8,014,900$ 6,820,000$ 12,095,000$ 8,955,000$ 7,685,000$ 35,205,000$
88New7
Pavement Management Program -
Arterial Roadway Rehabilitation
(Silver Spur Road - South of Hawthorne Boulevard)
88New6 Guardrail Improvements along Palos Verdes Drive East
City Entrance Roadway Monument Signs88New5
88New4 Arterial Roadway Beautification Program
88New3 Traffic Calming - Citywide
88New2 Traffic Calming -
PV Nature Preserve Parking Solutions
Walking Paths Improvement Program88New8
B-4
Project Code Project Name Fund Prior FYs FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 TBD
City of Rancho Palos Verdes
Public Works Department
DRAFT Five Year CIP Budget for Fiscal Years 2021-22, 2022-23, 2023-24, 2024-25 and 2025-26 (and TBD)
Funding Summary Prior FYs FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 TBD
202 (Gas Tax)499,818$ 700,000$ 750,000$ 530,000$ 925,000$ 735,000$ 1,725,000$
211 (1911 Act)-$ 80,000$ -$ -$ -$ -$ -$
215 (Prop. C)60,000$ 995,000$ 710,000$ 730,000$ 750,000$ 780,000$ -$
220 (Meas. R)1,157,676$ 1,285,000$ 525,000$ 525,000$ 520,000$ 530,000$ 810,000$
221 (Meas. M)-$ 150,000$ -$ -$ -$ -$ -$
221 (Meas. M - Grant)-$ 600,000$ 700,000$ 1,100,000$ 1,600,000$ -$ -$
225 (Ab Cove sewer maint.)48,005$ -$ -$ -$ -$ -$ -$
310 (CDBG)116,000$ 150,000$ 150,000$ 150,000$ 150,000$ 150,000$ -$
330 (CIP)5,187,918$ 2,945,000$ 3,190,000$ 4,105,000$ 5,010,000$ 5,490,000$ 31,945,000$
331 (Federal Grants)-$ 999,900$ -$ -$ -$ -$ -$
334 (Quimby park development)489,245$ -$ -$ -$ -$ -$ -$
340 (Bicycle & Ped access)-$ 110,000$ -$ -$ -$ -$ -$
Grant -$ -$ 795,000$ 4,955,000$ -$ -$ -$
Funding TBD -$ -$ -$ -$ -$ -$ -$
7,558,662$ 8,014,900$ 6,820,000$ 12,095,000$ 8,955,000$ 7,685,000$ 34,480,000$
B-5
101 - GENERAL FUND
Revenue Type Recurring One-time Total
Property Tax 14,960,300 - 14,960,300
Transient Occupancy Tax 3,978,400 - 3,978,400
Sales Tax 2,163,400 - 2,163,400
Franchise taxes 2,150,000 - 2,150,000
Utility Users Tax 1,915,000 - 1,915,000
Permits & Fees 2,083,100 - 2,083,100
Other Taxes & Misc. Revenues 2,825,500 - 2,825,500
TOTAL REVENUES 30,075,700 - 30,075,700
Expenditure by Program Recurring One-time Total
City Council 110,700 - 110,700
City Attorney 955,000 - 955,000
Public Safety/Law Enforcement 7,487,800 - 7,487,800
City Administration 3,155,200 - 3,155,200
Finance 1,571,600 1,571,600
Community Development 3,606,700 50,000 3,656,700
Public Works 5,006,900 190,000 5,196,900
Recreation & Parks 3,286,400 75,000 3,361,400
Non-department 1,923,100 - 1,923,100
TOTAL EXPENDITURES 27,103,400 315,000 27,418,400
STRUCTURAL SURPLUS/(DEFICITS)2,972,300 (315,000) 2,657,300
Transfers in 350,000 - 350,000
Transfers out 2,328,800 616,200 2,945,000
SURPLUS/(DEFICITS)993,500 (931,200) 62,300
FY 2021-22 RECURRING VS. ONE-TIME REVENUES AND EXPENDITURES
C-1