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HomeMy WebLinkAboutCC 2025-05-27_11a Preliminary FY 25-27 Biennial Operating Budget ReviewItem 11.a. MEMORANDUM TO: City Council FROM: Matthew Downing, City Manager Bill Robeson, Assistant City Manager/Public Works Director BY: Nicole Valentine, Director of Administrative Services SUBJECT: Review Preliminary FY 2025-27 Biennial Operating Budget DATE: May 27, 2025 RECOMMENDATION: Review the preliminary budget, receive a presentation from staff, and provide feedback to staff in preparation for the public hearing scheduled for June 10, 2025, to consider the Fiscal Year (FY) 2025-27 Biennial Budget. IMPACT ON FINANCIAL AND PERSONNEL RESOURCES: The proposed FY 2025-27 Biennial Budget recommends approximately $55.7 million in FY 2025-26 expenditures and $55.4 million in FY 2026-27 expenditures, including operating costs such as salaries, benefits, services, supplies, maintenance, debt service, and capital-related costs. The proposed FY 2025-27 Biennial Budget General Fund budget utilizes excess fund balance reserves to pay for a combination of one-time and ongoing expenditures that will exceed expected revenues in order to address several goals. However, as presented, fund balance reserves are expected to remain at 15.2%, above the fund balance minimum target of 15%. BACKGROUND: Every two years, staff and Council prepare a Biennial Budget document, which commits government resources and services to accomplish the City’s mission of making Arroyo Grande the best place possible for everyone who lives, works, and visits here. Work is now underway to finalize the upcoming biennial budget for Fiscal Years 202 5-27. The anticipated 5-step process and timeline for this budget cycle are depicted in Figure 1 below: Page 193 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 2 Figure 1: Overview of Biennial Budget Process On January 28, 20251, Council received an update on the General Fund Five -Year Financial Forecast. The City’s Forecast is a long-range fiscal planning tool that has served as the framework for the development of the FY 202 5-27 General Fund Biennial Budget. On December 9, 2024, an Arroyo Grande Community Priorities Survey was published. This 4-question online survey was posted on the City website and promoted on social media channels. The survey was open for one month and closed on January 15, 2025. The survey allowed community members to provide input regarding their thoughts on what the top priorities should be for the City over the next 2-3 years. The survey included a combination of multiple-choice and short-response questions. A summary of the responses was presented at the February 10, 20252, Special Council Meeting Staff Report. 1 https://pub-arroyogrande.escribemeetings.com/filestream.ashx?DocumentId=13486 2 https://pub-arroyogrande.escribemeetings.com/filestream.ashx?DocumentId=13574 Page 194 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 3 On February 10, 2025, the City Council held a Goal Setting Workshop focused on priorities for the FY 2025-27 Budget. The Results of this Goal Setting Workshop were provided to City Council on March 11, 20253. The City Council established five (5) major City goals for staff to prioritize for the upcoming biennial budget cycle. The goals were established considering the results of the community survey and input from the public and staff. This set of priorities has been used by staff to create work plans and a proposed biennial budget. The five major goals are identified in Figure 2 below. Figure 2: City Council Goals for FY 2025-27 Biennial Budget On May 13, 20254, the City Council provided direction on the 10-year Capital Improvement Program (CIP) budget, Measure E-24 Local Sales Tax Fund Expenditure Program, and Measure O-06 Local Sales Tax Fund Expenditure Program. The prioritization and direction provided by the City Council at these previous meetings have been incorporated into the FY 2025-27 Biennial Budget. The FY 2025-27 Biennial Budget was also developed with input from all City departments in a collaborative effort to provide staff’s best professional judgment regarding current and future needs of the City. 3 https://pub-arroyogrande.escribemeetings.com/filestream.ashx?DocumentId=14042 4 https://pub-arroyogrande.escribemeetings.com/filestream.ashx?DocumentId=14506 Page 195 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 4 This report addresses expenditure budget recommendations for all City departments and all operating funds. As presented, the budget will provide funding for all City services performed during the next two fiscal years. Each fund summary is provided as Attachment 1. ANALYSIS OF ISSUES: General Fund Overview On April 18, 20255, the City Council reviewed the Annual Comprehensive Financial Report (ACFR) summarizing the Fund Balance at the end of F Y 2023-24. The General Fund Balance can be reviewed in Table 1: Table 1: Beginning and Ending Balance as of June 30, 2024 As shown in Table 2, the General Fund expenditures are expected to outpace revenues in FY 2024-25 by $3.9 million, the year will end with a healthy projected fund balance of $7.5 million (see “2024-25 Estimated Actual” column). This equates to 28.3% of appropriations, which is higher than the City Council fund balance goal of 20% with a minimum of 15%. This projected fund balance is the beginning fund balance for FY 2025- 26 and will continue to carry forward into FY 2026-27. With this FY 2025-27 Biennial Budget, if operations continue consistently as in FY 2024- 25, the expenditures will outpace revenues. Even with the proposed expenditures, FY 2026-27 is projected to end with a fund balance of $4.2 million, representing 16.2% of total operating expenditures in the General Fund. This will be $978,000 below the reserve policy goal of 20% but within the reserve policy minimum of 15%, as shown in Table 2. 5 https://pub-arroyogrande.escribemeetings.com/filestream.ashx?DocumentId=14284 General Fund Measure O-2006 Local Sales Tax Fund OPEB Total Beginning Fund Balance 7/1/23 11,862,259$ 7,625,337$ 1,134,004$ 20,621,600$ Revenues 22,677,374 3,545,223 154,898 26,377,496 Expenditures (23,045,487) (6,152,688) - (29,198,175) Net Change in Fund Balance (368,112)$ (2,607,466)$ 154,898$ (2,820,680)$ Fund Balance: Nonspendable 804,261$ -$ -$ 804,261$ Assigned for capital projects - 3,522,243 - 3,522,243 Assigned for post employment benefits - - 1,288,901 1,288,901 Unassigned 10,689,886 1,495,629 - 12,185,514 Ending Fund Balance, 6/30/24 11,494,147$ 5,017,872$ 1,288,901$ 17,800,920$ Page 196 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 5 Table 2: Scenario A – Status Quo General Fund Budget & Available Fund Balance in thousands The tables in the following pages identify specific budget request items in the FY 202 5- 27 Biennial Budget in the areas of staffing, services and supplies, and vehicles and equipment. Proposed Staffing Requests The preliminary budget includes a proposal to reclassify the Records Clerk/Property & Evidence Clerk to a Supervisor within the Police Department. This reclassification will provide an additional level of supervision for the non-sworn police personnel. The Supervisor would oversee the Police Cadet, Police Service Technician (PST), and Records Clerk. Two reclassifications are proposed within the Engineering division. The first would be to reclassify the Engineering Inspector to Assistant Engineer. There is no budget impact to this shift as the positions are in the same salary range . The Engineering Inspector can provide Inspections and other tasks, but not all of the Assistant Engineer's duties. However, the Assistant Engineer position can complete Engineering Inspections. The second reclassification would be to reclassify the unfilled Assistant Project Manager to an Engineering Technician position. This would streamline the Engineering Division ’s succession planning, add engineering capacity, and help deliver the large scale of Capital Improvement Projects that were adopted in the 10-Year CIP Budget. 2025-26 2026-27 2023-24 ADOPTED ADJUSTED ESTIMATED PROPOSED PROPOSED ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET Beginning Fund Balance $11,861 $11,494 $11,494 $11,494 $7,462 $5,774 Revenues 19,922 19,226 19,136 19,541 20,265 21,140 Transfers In 2,755 2,796 2,796 3,082 2,940 2,987 Total Revenues 22,677 22,022 21,932 22,623 23,205 24,127 Salaries and Benefits 12,790 13,539 13,612 13,808 14,294 14,882 Services and Supplies 8,992 9,772 9,947 9,687 10,177 10,439 Debt Service 310 294 294 302 294 283 Capital Outlay 135 130 270 383 13 13 Transfers Out 817 2,475 2,475 2,475 115 115 Total Expenditures 23,044 26,210 26,598 26,655 24,893 25,732 Revenue minus Expenditures (367) (4,188) (4,666) (4,032) (1,688) (1,605) Available Fund Balance $11,494 $7,306 $6,828 $7,462 $5,774 $4,169 Reserve %49.9%27.9%25.7%28.0%23.2%16.2% $ Above Reserve Policy $6,885 $2,065 $1,509 $2,130 $793 ($978) 2024-25 Page 197 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 6 The need for a stand-alone Assistant City Manager (ACM) and Economic Development Coordinator (EDC) positions was identified in the May 13, 20256, City Council presentation of the Operational and Organizational Assessment. Based on this Assessment, and to address the Council’s goal to Pursue New Revenue Sources, s taff recommended to incorporate the EDC on October 1, 2025, and the Assistant City Manager on January 1, 2027. Table 3 is a summary table reflecting the proposed staffing change impacts in each fiscal year. Table 3: Proposed Staffing Requests Proposed Services and Supplies Request The preliminary budget includes six Services and Supplies change requests. The Nexus Cloud Subscription for Body Worn Cameras will upgrade and replace the existing in-car camera system, body worn cameras, and support redaction of videos. This software will also provide time savings for police and records staff, greater security when storing video evidence, and has larger storage capacity. The Laserfiche Cloud upgrade and addition of staff licenses will shift the City’s current repository file software to the cloud and provide an increase in accessibility of data files to the public with the weblink public portal once fully operational. The additional licenses will provide more staff members with the ability to access the system’s data. The implementation of a Public Records Request Software solution will provide a comprehensive, user-friendly management system to streamline the process of submitting, processing, and responding to public records requests. The system will provide both the public and the City with a secure, efficient, and transparent way to handle requests for public records to meet all compliance requirements. 6 https://pub-arroyogrande.escribemeetings.com/filestream.ashx?DocumentId=14520 Salaries & Benefits FY 2025-26 FY 2026-27 Reclass Records Clerk/Property & Evidence Clerk to Supervisor 30,100 31,200 Reclass Engineering Inspector to Assistant Engineer position - - Reclass Assistant Project Manager to Engineering Tech (32,200) (33,300) Create Economic Development Coordinator Position Q2 FY 2025-26 (October 1, 2025)82,875 114,400 Add Assistant City Manager Q3 FY 2026-27 (January 1, 2027)- 135,900 Total 80,775 248,200 Page 198 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 7 The Lobbying Services request is to obtain a lobbying firm to provide California advocacy, federal advocacy, and grant writing services to the City, or a combination thereof. State legislation greatly impacts the priorities of the City, advocacy and lobbying services can help influence which policies are implemented at the State level that , in return, greatly impact the City. The Classification and Compensation request to hire a consultant to conduct a study every 3 years enables the City to adjust salaries and stay competitive wit hin the local job market and address compaction or internal equity issues . This aligns with the City’s initiative to attract and retain quality employees and is in line with the industry’s best practices. The Housing Element Update is a required element by the State of California for the City’s General Plan and is a critical tool for local governments to plan for housing needs. It must be updated every eight years, and the current adopted Housing Element for 2020-2028 will need to be updated by 2028. A budget for this project would typically include costs for planning, outreach, data collection, analysis, and document preparation , with help from a consultant. Because the project must be adopted in 2028, staff anticipates the work beginning in FY 2026-27. Table 4 is a summary table reflecting the proposed service and supplies change impacts in each FY. Table 4: Proposed Services and Supplies Requests Vehicle Replacement Requests As detailed in Table 5, the proposed budget includes a request for $578,500 in vehicles and equipment spread over the two years. It is important to note that all vehicles due for replacement are evaluated to determine the status of their operating condition and whether or not their replacement can be delayed. Services & Supplies Ongoing One-time FY 2025-26 FY 2026-27 Nexus Cloud Subscription for Body Worn Cameras X 39,200 34,300 Laserfiche Cloud & Additional Licenses X 9,800 29,200 Implementation of a Public Records Request Software Solution X 12,000 12,000 Lobbying Services X - 65,000 Classification and Compensation Study X 50,000 - Housing Element Update X - 30,000 Total 111,000 170,500 Page 199 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 8 Table 5: Proposed Vehicle Replacement Requests When requests listed in Tables 3, 4, and 5 are incorporated into the FY 2025-27 Biennial Budget, the impact at the end of FY 2026-27 is projected with a fund balance of $3.6 million, which represents 13.7% of total operating expenditures in the General Fund. This will be $1,639,000 below the reserve policy goal of 20% and the reserve policy minimum of 15%, as shown in Table 6. Table 6: Scenario B – General Fund Budget & Available Fund Balance in thousands with Service Level Requests incorporated On May 13, 20257, during consideration of the Operational and Organizational Assessment, the City Council provided direction to present two Scenarios that adjusted the Proposed Staffing Requests shown in Table 3 related to the position start of the EDC 7 https://pub-arroyogrande.escribemeetings.com/filestream.ashx?DocumentId=14520 Fund Type Lease/Buy Year Cost Measure O-06 Local Sales Tax Fund Excavator with Masticator to provide Hazardous Fuel Reduction Buy FY 2025-26 145,000 Water - Replacement Pickup with Service Body Buy FY 2025-26 60,000 Water - Replacement Diesel Utility Truck Buy FY 2026-27 160,000 Sewer - Replacement Vactor Truck Lease FY 2026-27 175,000 General Fund - Police Motorcycles (2) Lease FY 2026-27 38,500 Total Vehicle Cost for 2-year Biennial Budget 578,500 2025-26 2026-27 2023-24 ADOPTED ADJUSTED ESTIMATED PROPOSED PROPOSED ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET Beginning Fund Balance $11,861 $11,494 $11,494 $11,494 $7,462 $5,622 Revenues 19,922 19,226 19,136 19,541 20,305 21,180 Transfers In 2,755 2,796 2,796 3,082 2,940 2,987 Total Revenues 22,677 22,022 21,932 22,623 23,245 24,167 Salaries and Benefits 12,790 13,539 13,612 13,808 14,377 15,132 Services and Supplies 8,992 9,772 9,947 9,687 10,286 10,607 Debt Service 310 294 294 302 294 283 Capital Outlay 135 130 270 383 13 52 Transfers Out 817 2,475 2,475 2,475 115 115 Total Expenditures 23,044 26,210 26,598 26,655 25,085 26,189 Revenue minus Expenditures (367) (4,188) (4,666) (4,032) (1,840) (2,022) Available Fund Balance $11,494 $7,306 $6,828 $7,462 $5,622 $3,600 Reserve %49.9%27.9%25.7%28.0%22.4%13.7% $ Above Reserve Policy $6,885 $2,065 $1,509 $2,130 $603 ($1,639) 2024-25 Page 200 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 9 and ACM. Table 7 will provide an overview of the General Fund Budget & Available Fund Balance with the ACM starting on July 1, 2025, and the EDC starting on January 1, 2027. Table 7: Scenario C – General Fund Budget & Available Fund Balance in thousands with Service Level Requests incorporated ACM 7/1/2025 EDC 1/1/2027 Table 8 will provide an overview of the General Fund Budget & Available Fund Balance with the ACM starting on July 1, 2025, and the EDC starting on October 1, 2025. 2025-26 2026-27 2023-24 ADOPTED ADJUSTED ESTIMATED PROPOSED PROPOSED ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET Beginning Fund Balance $11,861 $11,494 $11,494 $11,494 $7,462 $5,510 Revenues 19,922 19,226 19,136 19,541 20,305 21,180 Transfers In 2,755 2,796 2,796 3,082 2,940 2,987 Total Revenues 22,677 22,022 21,932 22,623 23,245 24,167 Salaries and Benefits 12,790 13,539 13,612 13,808 14,489 15,209 Services and Supplies 8,992 9,772 9,947 9,687 10,286 10,607 Debt Service 310 294 294 302 294 283 Capital Outlay 135 130 270 383 13 52 Transfers Out 817 2,475 2,475 2,475 115 115 Total Expenditures 23,044 26,210 26,598 26,655 25,197 26,266 Revenue minus Expenditures (367) (4,188) (4,666) (4,032) (1,952) (2,099) Available Fund Balance $11,494 $7,306 $6,828 $7,462 $5,510 $3,411 Reserve %49.9%27.9%25.7%28.0%21.9%13.0% $ Above Reserve Policy $6,885 $2,065 $1,509 $2,130 $469 ($1,843) 2024-25 Page 201 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 10 Table 8: Scenario D – General Fund Budget & Available Fund Balance in thousands with Service Level Requests incorporated ACM 7/1/2025 EDC 10/1/2025 Additionally, staff put together a fifth scenario that incorporates the Proposed Services and Supplies Requests shown in Table 4 and Proposed Vehicle Replacement Requests shown in Table 5, without the EDC and ACM. 2025-26 2026-27 2023-24 ADOPTED ADJUSTED ESTIMATED PROPOSED PROPOSED ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET Beginning Fund Balance $11,861 $11,494 $11,494 $11,494 $7,462 $5,427 Revenues 19,922 19,226 19,136 19,541 20,305 21,180 Transfers In 2,755 2,796 2,796 3,082 2,940 2,987 Total Revenues 22,677 22,022 21,932 22,623 23,245 24,167 Salaries and Benefits 12,790 13,539 13,612 13,808 14,572 15,266 Services and Supplies 8,992 9,772 9,947 9,687 10,286 10,607 Debt Service 310 294 294 302 294 283 Capital Outlay 135 130 270 383 13 52 Transfers Out 817 2,475 2,475 2,475 115 115 Total Expenditures 23,044 26,210 26,598 26,655 25,280 26,323 Revenue minus Expenditures (367) (4,188) (4,666) (4,032) (2,035) (2,156) Available Fund Balance $11,494 $7,306 $6,828 $7,462 $5,427 $3,271 Reserve %49.9%27.9%25.7%28.0%21.5%12.4% $ Above Reserve Policy $6,885 $2,065 $1,509 $2,130 $369 ($1,994) 2024-25 Page 202 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 11 Table 9: Scenario E – General Fund Budget & Available Fund Balance in thousands with Service Level Requests incorporated without ACM and EDC To summarize the five scenarios, Table 10 presents each scenario and each corresponding fund balance by fiscal year. Table 10: General Fund Budget Scenario Options & Available Fund Balance in Percent 2025-26 2026-27 2023-24 ADOPTED ADJUSTED ESTIMATED PROPOSED PROPOSED ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET Beginning Fund Balance $11,861 $11,494 $11,494 $11,494 $7,462 $5,705 Revenues 19,922 19,226 19,136 19,541 20,305 21,180 Transfers In 2,755 2,796 2,796 3,082 2,940 2,987 Total Revenues 22,677 22,022 21,932 22,623 23,245 24,167 Salaries and Benefits 12,790 13,539 13,612 13,808 14,294 14,882 Services and Supplies 8,992 9,772 9,947 9,687 10,286 10,607 Debt Service 310 294 294 302 294 283 Capital Outlay 135 130 270 383 13 52 Transfers Out 817 2,475 2,475 2,475 115 115 Total Expenditures 23,044 26,210 26,598 26,655 25,002 25,939 Revenue minus Expenditures (367) (4,188) (4,666) (4,032) (1,757) (1,772) Available Fund Balance $11,494 $7,306 $6,828 $7,462 $5,705 $3,933 Reserve %49.9%27.9%25.7%28.0%22.8%15.2% $ Above Reserve Policy $6,885 $2,065 $1,509 $2,130 $703 ($1,255) 2024-25 Scenarios FY 2025-26 FY 2026-27 Scenario A – Status Quo 23.2%16.2% Scenario B – with Service Level Requests 22.4%13.7% Scenario C – with SLR Table 4 & 5 ACM 7/1/2025 EDC 1/1/2027 21.9%13.0% Scenario D – with SLR Table 4 & 5 ACM 7/1/2025 EDC 10/1/2025 21.5%12.4% Scenario E – with SLR Table 4 & 5 without ACM and EDC 22.8%15.2% Fund Balance Page 203 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 12 After viewing all this information, staff recommends Scenario E to stay within the reserve policy goal of 20% and the reserve policy minimum of 15%. Scenario E will be used for the remainder of this report. Local Sales Tax Fund The General Fund is the primary operating fund of the City, which accounts for resources and services traditionally associated with government. The General Fund provides administrative, financial, police protection, community development, public works, fire, and recreation services to the community and other funds. The General Fund accounts for revenues that have unrestricted uses and are not required legally or by contractual agreement to be accounted for in another fund. The City has historically reported on the General Fund separately from the Local Sales Tax Fund, although the City’s auditors traditionally combine this information in the ACFR as shown above in Table 1. The City now has two Local Sales Tax Fund accounts for Measure O-06 and Measure E-24. The Measure O-06 Fund is from revenue received through a 1/2% sales tax approved by the City's voters in November 2006. Measure O-06 included advisory measures when passed, providing guidance on the uses to which the funding should be allocated. To ensure accountability, the measure included a provision requiring the City to publish and distribute an annual report to each household on the revenues and expenditures from the sales tax proceeds. To aid in the collection and reporting of this information, the City has accounted for this fund in a separate account. The Measure E-24 Fund is from revenue received through a 1% sales tax approved by the City's voters in November 2024. Measure E-24 is intended fund city services, such as fixing potholes, maintaining city streets, sidewalks, parks, aging infrastructure, and community facilities; providing local fire protection, police, and 9-1-1 emergency services; cleaning up litter/graffiti, and addressing homelessness. To aid in the collection and reporting of this information, the City has accounted for this fund in a separate account. For the purpose of providing the City Council and the community the full picture of the City revenues, expenditures, and ending fund balance, staff has combined these t hree funds for information purposes into a Consolidated General Fund in this report as shown in Table 11. Page 204 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 13 Table 11: FY 2025-27 Consolidated General Fund Budget & Available Fund Balance in thousands The projected fund balance for the Consolidated General Fund at the end of FY 202 6-27 is $7,115,314 or 20.2%. Proposed Budget The FY 2025-26 and FY 2026-27 proposed budgets present a balanced budget, with excess revenues and fund balance sufficient to cover recommended work plan and capital project budget expenditures. The FY 2025-24 proposed budget includes a total of $32.1 million in revenues and $35.6 million in operating and capital budget for a net of $3.5 million more expenditures than revenues. The operating budget is balanced, with a $2 million net operating surplus. Fund balances accumulated over time offset the additional expenditures. The FY 2026-27 proposed budget includes a total of $33.2 million in revenues and $35.3 million in operating and capital expenditures for a net of $2 million more expenditures than revenues. The operating budget is balanced, with a $65,000 net operating surplus. Consolidated General Fund Revenues As shown in Chart 1, Sales and Property Taxes comprise the largest source of revenue in the General Fund, together accounting for approximately 73% of revenue in that fund. Given this dependence on just two revenue sources, fluctuations in the amount of taxes received can have profound impacts on the City’s ability to provide services. Fortunately, as long as the real estate market stays reasonably strong, property taxes are a relatively stable revenue source. General General Fund Fund Beginning Fund Balance $7,462 $3,754 $1,440 $12,655 $5,705 $2,130 $1,324 $9,158 Revenues: Revenues 20,305 2,943 5,870 29,118 21,180 3,020 6,025 30,225 Transfers In 2,940 - - 2,940 2,987 - - 2,987 Total Revenues 23,245 2,943 5,870 32,058 24,167 3,020 6,025 33,212 Expenditures: Salaries and Benefits 14,294 - - 14,294 14,882 - - 14,882 Services and Supplies 10,286 1,265 33 11,584 10,607 1,151 33 11,791 Debt Service 294 - - 294 283 - - 283 Capital Outlay 13 - - 13 52 - - 52 Transfers Out 115 3,302 5,953 9,370 115 2,286 5,846 8,247 Total Expenditures 25,002 4,567 5,986 35,555 25,939 3,437 5,879 35,255 Total Operating Incr/(Decr)(1,757) (1,624) (116) (3,497) (1,772) (417) 146 (2,043) Available Fund Balance $5,705 $2,130 $1,324 $9,158 $3,933 $1,713 $1,470 $7,115 Reserve %22.8%46.6%22.1%25.8%15.2%49.8%25.0%20.2% $ Above Reserve Policy 703 1,216 128 2,047 (1,255) 1,025 295 65 Funds Available to Allocate 703 1,216 128 2,047 (1,255) 1,025 295 65 FY 2025-26 FY 2026-27 Measure O-06 Consolidated Total Measure O-06 Consolidated Total Measure E-24 Measure E-24 Page 205 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 14 Chart 1: FY 2025-26 Consolidated General Fund Revenues - $32 million Overall, General Fund tax revenues have been trending upward over the past several years and are expected to increase in both years of the Biennial Budget. Based on the latest information provided by the County Auditor-Controller’s Office, property taxes are expected to increase by 4.25% in both fiscal years. This is the result of an increase in the assessed valuation of properties in Arroyo Grande and a housing market that has remained robust throughout the past year. Sales tax receipts have remained consistent throughout the past year. As discussed during the Fiscal Outlook presentation in January, the City’s sales tax consultant projected a reduction in sales tax revenues of 0.4% in FY 2024-25 due to an anticipated minor economic slowdown. These projections reflect expected declines in categories like automobiles and transportation, building and construction, and food & drug consumer goods. The lower projections in these categories are the result of lower expected consumer demand in the short term. This budget is projecting an increase in sales tax revenues of 1% in FY 2025-26 and 2.6% in FY 2026-27, as the economy is only anticipating a minor slowdown. Page 206 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 15 Chart 2: Consolidated General Fund Tax Revenues $32 million Consolidated General Fund Expenditures The following two charts show the proposed $35.6 million Consolidated General Fund expenditure budget for FY 2025-26, both in terms of the relative size of each department as well as the total dollars budgeted for each department. As the charts show, the Capital Improvement Program is the City’s largest function, with 25% of the budget. The Police Department represents 22% of the General Fund budget. Fire services for FCFA will receive 12% of the Consolidated General Fund and Measure O-06 budget. Public Works receives 10% and Community Development will receive 6% of FY 2025-26 budget resources, respectively. The “Non-Departmental” category represents 9% of the General Fund budget and includes items that affect all departments, such as the annual payment on the City’s Unfunded Actuarial Liability (UAL), property and general liability insurance, and transfers to the Street fund. Page 207 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 16 Chart 3: FY 2025-26 Consolidated General Fund Expenditures by Department $35.6 million Chart 4: FY 2025-26 Consolidated General Fund Expenditures by Department $35.6 million Enterprise Funds Though the focus of this report has been on the City’s General Fund, it is important to point out that the City’s two enterprise fund programs, Water and Wastewater, reflect rate adjustments approved by the City Council on March 8, 2022, based on the Water and Wastewater Rate Study. Table 12 details a consolidated look at these enterprise funds. It should be noted that the continued cost of Lopez Lake litigation will need to be addressed in a rate increase that staff is continuing to review. Page 208 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 17 Table 12: Consolidated Enterprise Funds Special Revenue Funds Special Revenue Funds are a governmental fund type used to account for specific revenues that are legally restricted to expenditures for particular purposes. The FY 202 5- 27 Biennial Budget proposes changes to 5 of the 22 Special Revenue Funds. Only the Special Revenue Funds with changes will be highlighted in this section. Fund 212 Police Facilities Fund The Fund 212 Police Facilities Fund includes impact fees collected from developers for the expansion of the existing police facility in order to serve future development. The anticipated revenues remained consistent compared to the current budget. The expenditure budget increased by $25,000, is related to the Capital Improvement Project in FY 2026-27 to upgrade the Report Management System to coincide with the San Luis Obispo Sherriff’s Department upgrade. The anticipated fund balance at the end of FY 2026-27 is $54,923 as shown in Table 13. 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Working Capital 7,483$ 8,262$ 7,541$ 6,700$ 6,100$ Revenues: Revenues 9,080 9,872 9,872 10,562 10,873 Transfers In 4,803 3,890 5,243 5,684 4,082 Total Revenues 13,883 13,762 15,115 16,247 14,955 Expenditures: Salaries and Benefits 1,102 1,279 1,279 1,364 1,419 Services and Supplies 4,854 5,733 6,405 6,536 5,094 Debt Service 55 - - - - Capital Outlay 39 48 48 129 381 Capital Improvement Program 1,423 530 530 800 1,217 Transfers Out 6,353 6,342 7,695 8,018 8,364 Total Expenditures 13,826 13,931 15,956 16,846 16,475 Total Operating Incr/(Decr)57 (169) (841) (600) (1,520) Available Fund Balance 7,541$ 8,093$ 6,700$ 6,100 4,580 2024-25 Page 209 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 18 Table 13: Police Facilities Fund Fund 213 Park Facilities Fund The Fund 213 Park Facilities Fund accounts for the receipts of park-in-lieu (Quimby) fees and grant revenues that are used for construction, park acquisition, and development of park facilities. The anticipated revenues remained consistent compared to the current budget. The expenditure budget increased by $310,000, is related to the Capital Improvement project in FY 2026-27 to pay for a portion of the upgrade ADA Bathrooms at Elm Street Park totaling $175,000, and for a portion of the Design phase of the Short Street Plaza totaling $135,000. The anticipated fund balance at the end of FY 2026-27 is $1.3 million as shown in Table 14. Table 14: Park Facilities Fund 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 58,518$ 63,818$ 64,023$ 69,323$ 74,623$ Revenues: Revenues 5,504 5,300 5,300 5,300 5,300 Transfers In - - - - Total Revenues 5,504 5,300 5,300 5,300 5,300 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - 25,000 Total Expenditures - - - - 25,000 Change in Fund Balance 5,504 5,300 5,300 5,300 (19,700) Ending Fund Balance 64,023$ 69,118$ 69,323$ 74,623$ 54,923$ 2024-25 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 1,430,686$ 1,486,686$ 1,490,533$ 1,546,533$ 1,602,533$ Revenues: Revenues 59,846 56,000 56,000 56,000 56,000 Transfers In - - - Total Revenues 59,846 56,000 56,000 56,000 56,000 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - 310,000 Total Expenditures - - - - 310,000 Change in Fund Balance 59,846 56,000 56,000 56,000 (254,000) Ending Fund Balance 1,490,533$ 1,542,686$ 1,546,533$ 1,602,533$ 1,348,533$ 2024-25 Page 210 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 19 Fund 224 Transportation Facilities Fund The Fund 224 Transportation Facilities Fund includes impact fees collected from developers paid to protect the public health, safety, and welfare by maintaining the existing level of public services for existing and future residents within the City of Arroyo Grande. The anticipated revenues remained consistent compared to the current budget. The expenditure budget increased by $1,238,500, is related to the Capital Improvement project in FY 2026-27 to pay for a portion of the Halcyon Road Complete Streets project totaling $788,500, the Design phase of the Huasna Roundabout totaling $400,000, and upgraded software for Camera Traffic Counts totaling $50,000 . The anticipated fund balance at the end of FY 2026-27 is $1.7 million as shown in Table 15. Table 15: Transportation Facilities Fund Fund 231 Drainage Facilities Fund The Fund 231 Drainage Facilities Fund includes impact fees collected from developers paid to improve drainage within the City. The anticipated revenues have increased since the new Development Impact Fees went into place but are anticipated to remained consistent during the two year budget cycle. The expenditure budget increased by $12,500, is related to the Capital Improvement project in FY 2026-27 to pay for a portion of the Corrugated Megal Pipe Investigation and Repair totaling $10,000 and a portion of the Trash Amendments Compliance project totaling $2,500. The anticipated fund balance at the end of FY 2026-27 is $1,465 as shown in Table 16. 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 2,682,500$ 2,742,500$ 2,835,751$ 2,895,751$ 2,955,751$ Revenues: Revenues 153,251 60,000 60,000 60,000 60,000 Transfers In - - - - - Total Revenues 153,251 60,000 60,000 60,000 60,000 Expenditures: Salaries and Benefits - - - - - Debt Service - - - Capital Outlay - - - - - Transfers Out - - - - 1,238,500 Total Expenditures - - - - 1,238,500 Change in Fund Balance 153,251 60,000 60,000 60,000 (1,178,500) Ending Fund Balance 2,835,751$ 2,802,500$ 2,895,751$ 2,955,751$ 1,777,251$ 2024-25 Page 211 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 20 Table 16: Drainage Facilities Fund Fund 271 State COPS Block Grant The Fund 271 State COPS Block Grant Fund accounts for the receipt and use of monies from the State of California and is restricted to the purchase of police equipment and technology for crime prevention. The anticipated revenues remained consistent compared to the current budget. The expenditure budget increased by $200,000 in FY 2025-26, is related to the Capital Improvement project Public Safety Camera System – Phase 2. The expenditure budget increased by $125,000 in FY 2026-27, is related to the Capital Improvement project to upgrade the Report Management System to coincide with the San Luis Obispo Sherriff’s Department upgrade. The anticipated fund balance at the end of FY 2026-27 is $822,370 as shown in Table 17. Table 17: State COPS Block Grant Fund 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 5,891$ 5,891$ 5,965$ 5,965$ 9,965$ Revenues: Revenues 74 - - 4,000 4,000 Transfers In - - - - - Total Revenues 74 - - 4,000 4,000 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - 12,500 Total Expenditures - - - - 12,500 Change in Fund Balance 74 - - 4,000 (8,500) Ending Fund Balance 5,965$ 5,891$ 5,965$ 9,965$ 1,465$ 2024-25 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 683,208$ 558,708$ 787,470$ 928,270$ 831,570$ Revenues: Revenues 129,558 140,800 140,800 140,800 140,800 Transfers In - - - - - Total Revenues 129,558 140,800 140,800 140,800 140,800 Expenditures: Salaries and Benefits - - - - - Services and Supplies 240 - - 12,500 - Capital Outlay 25,056 - - 25,000 25,000 Transfers Out - - - 200,000 125,000 Total Expenditures 25,296 - - 237,500 150,000 Change in Fund Balance 104,262 140,800 140,800 (96,700) (9,200) Ending Fund Balance 787,470$ 699,508$ 928,270$ 831,570$ 822,370$ 2024-25 Page 212 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 21 Summary The proposed FY 2025-26 Budget recommends approximately $55.7 million in expenditures, including operating costs such as salaries, benefits, services, supplies, maintenance, debt service, and capital related items as shown in the consolidated fu nd summary as shown in Table 18. Table 18: FY 2025-26 Consolidated Fund Summary The proposed FY 2026-27 Budget recommends approximately $55.4 million in expenditures, including operating costs such as salaries, benefits, service s, supplies, maintenance, debt service, and capital related items as shown in the consolidated fund summary as shown in Table 19. Table 19: FY 2026-27 Consolidated Fund Summary Beginning Fund Balance 7,460,674$ 3,753,651$ 1,440,000$ 6,699,779$ 13,107,016$ 5,112,605$ 37,573,724$ Revenues: Revenues 20,304,750 2,942,500 5,870,000 10,562,195 2,512,248 423,944 42,615,637 Transfers In 2,940,200 - - 5,684,397 695,000 - 9,319,597 Total Revenues 23,244,950 2,942,500 5,870,000 16,246,592 3,207,248 423,944 51,935,234 Expenditures: Salaries and Benefits 14,294,300 - - 1,363,900 623,100 - 16,281,300 Services and Supplies 10,285,805 1,264,800 32,500 6,535,768 835,391 7,900 18,962,163 Debt Service 294,386 - - - 8,369 382,944 685,699 Capital Outlay 13,000 - - 929,000 165,000 - 1,107,000 Transfers Out 115,000 3,301,880 5,952,640 8,017,547 1,262,000 35,900 18,684,967 Total Expenditures 25,002,491 4,566,680 5,985,140 16,846,214 2,893,860 426,744 55,721,129 Total Operating Incr/(Decr)(1,757,541) (1,624,180) (115,140) (599,623) 313,387 (2,800) (3,785,895) Available Fund Balance 5,703,133$ 2,129,471$ 1,324,860$ 6,100,156$ 13,420,403$ 5,109,805$ 33,787,829$ Total Enterprise Funds Agency Funds General Fund Measure O-06 Special Revenue Measure E-24 Beginning Fund Balance 5,703,133$ 2,129,471$ 1,324,860$ 6,100,156$ 13,420,403$ 5,109,805$ 33,787,828$ Revenues: Revenues 21,180,350 3,019,500 6,025,000 10,873,332 2,530,161 423,944 44,052,287 Transfers In 2,986,900 - - 4,081,705 730,000 - 7,798,605 Total Revenues 24,167,250 3,019,500 6,025,000 14,955,037 3,260,161 423,944 51,850,893 Expenditures: Salaries and Benefits 14,881,600 - - 1,418,700 647,300 - 16,947,600 Services and Supplies 10,607,250 1,150,600 32,500 5,094,450 971,941 7,900 17,864,641 Debt Service 282,786 - - - 8,369 382,944 674,099 Capital Outlay 51,529 - - 1,598,000 165,000 - 1,814,529 Transfers Out 115,000 2,286,435 5,846,200 8,364,000 1,315,500 179,900 18,107,035 Total Expenditures 25,938,165 3,437,035 5,878,700 16,475,150 3,108,111 570,744 55,407,905 Total Operating Incr/(Decr)(1,770,915) (417,535) 146,300 (1,520,113) 152,050 (146,800) (3,557,012) Available Fund Balance 3,932,218$ 1,711,936$ 1,471,160$ 4,580,044$ 13,572,453$ 4,963,005$ 30,230,816$ General Fund Measure O-06 Measure E-24 Enterprise Funds Agency Funds Total Special Revenue Page 213 of 236 Item 11.a. City Council Review Preliminary FY 2025-27 Biennial Operating Budget May 27, 2025 Page 22 Next Steps The FY 2025-27 Biennial Budget will be presented to the City Council at a Public Hearing held on June 10, 2025. Once approved by the City Council, funds will be appropriated on July 1, 2025, for FY 2025-26. ALTERNATIVES: The following alternatives are provided for the Council’s consideration: 1. Review and provide direction on the Preliminary FY 2025-27 Biennial Budget; or 2. Provide other direction to staff. ADVANTAGES: Providing direction will assist staff in developing the Preliminary FY 202 5-27 Biennial Budget that is responsive to the City’s needs and community p riorities, while maintaining economic feasibility. DISADVANTAGES: There are no disadvantages to providing information for the community, City Council, or staff regarding the Preliminary FY 2025-27 Biennial Budget. ENVIRONMENTAL REVIEW: The development of the Preliminary FY 2025-27 Biennial Budget plan is not a project subject to the California Environmental Quality Act (“CEQA”) because it has no potential to result in either a direct, or reasonably foreseeable indirect, physical change in the environment. (State CEQA Guidelines, §§ 15060, subd. (b)(2)-(3), 15378.) Individual projects listed herein may be subject to CEQA and environmental reviews will be conducted at the appropriate time during implementation of those projects. PUBLIC NOTIFICATION AND COMMENTS: The Agenda was posted at City Hall and on the City’s website in accordance with Government Code Section 54954.2. ATTACHMENTS: 1. FY 2025-27 Budget Fund Summaries 2. FY 2025-27 Council Goals Work Plans Page 214 of 236 FUND SUMMARIES CONSOLIDATED SUMMARY – ALL FUNDS 2025-26 BUDGET 2026-27 BUDGET Beginning Fund Balance 7,460,674$ 3,753,651$ 1,440,000$ 6,699,779$ 13,107,016$ 5,112,605$ 37,573,724$ Revenues: Revenues 20,304,750 2,942,500 5,870,000 10,562,195 2,512,248 423,944 42,615,637 Transfers In 2,940,200 - - 5,684,397 695,000 - 9,319,597 Total Revenues 23,244,950 2,942,500 5,870,000 16,246,592 3,207,248 423,944 51,935,234 Expenditures: Salaries and Benefits 14,294,300 - - 1,363,900 623,100 - 16,281,300 Services and Supplies 10,285,805 1,264,800 32,500 6,535,768 835,391 7,900 18,962,163 Debt Service 294,386 - - - 8,369 382,944 685,699 Capital Outlay 13,000 - - 929,000 165,000 - 1,107,000 Transfers Out 115,000 3,301,880 5,952,640 8,017,547 1,262,000 35,900 18,684,967 Total Expenditures 25,002,491 4,566,680 5,985,140 16,846,214 2,893,860 426,744 55,721,129 Total Operating Incr/(Dec (1,757,541) (1,624,180) (115,140) (599,623) 313,387 (2,800) (3,785,895) Available Fund Balance 5,703,133$ 2,129,471$ 1,324,860$ 6,100,156$ 13,420,403$ 5,109,805$ 33,787,829$ Total Enterprise Funds Agency Funds General Fund Measure O-06 Special Revenue Measure E-24 Beginning Fund Balance 5,703,133$ 2,129,471$ 1,324,860$ 6,100,156$ 13,420,403$ 5,109,805$ 33,787,828$ Revenues: Revenues 21,180,350 3,019,500 6,025,000 10,873,332 2,530,161 423,944 44,052,287 Transfers In 2,986,900 - - 4,081,705 730,000 - 7,798,605 Total Revenues 24,167,250 3,019,500 6,025,000 14,955,037 3,260,161 423,944 51,850,893 Expenditures: Salaries and Benefits 14,881,600 - - 1,418,700 647,300 - 16,947,600 Services and Supplies 10,607,250 1,150,600 32,500 5,094,450 971,941 7,900 17,864,641 Debt Service 282,786 - - - 8,369 382,944 674,099 Capital Outlay 51,529 - - 1,598,000 165,000 - 1,814,529 Transfers Out 115,000 2,286,435 5,846,200 8,364,000 1,315,500 179,900 18,107,035 Total Expenditures 25,938,165 3,437,035 5,878,700 16,475,150 3,108,111 570,744 55,407,905 Total Operating Incr/(Dec (1,770,915) (417,535) 146,300 (1,520,113) 152,050 (146,800) (3,557,012) Available Fund Balance 3,932,218$ 1,711,936$ 1,471,160$ 4,580,044$ 13,572,453$ 4,963,005$ 30,230,816$ Enterprise Funds Agency Funds Total Special Revenue General Fund Measure O-06 Measure E-24 ATTACHMENT 1 Page 215 of 236 FUND SUMMARIES GENERAL FUNDS FUND: 100 GENERAL FUND 2023-24 2025-26 2026-27 FINAL ADOPTED ADJUSTED ESTIMATED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET Beginning Fund Balance 11,862,259$ 11,494,147$ 11,494,147$ 11,494,147$ 7,460,674$ 5,703,133$ Revenues: Revenues 19,922,366 19,226,070 19,135,570 19,540,458 20,304,750 21,180,350 Transfers In 2,755,008 2,796,300 2,796,300 3,081,800 2,940,200 2,986,900 Total Revenues 22,677,374 22,022,370 21,931,870 22,622,258 23,244,950 24,167,250 Expenditures: Salaries and Benefits 12,790,046 13,538,725 13,611,716 13,808,090 14,294,300 14,881,600 Services and Supplies 8,993,251 9,771,973 9,947,300 9,686,903 10,285,805 10,607,250 Debt Service 310,018 294,386 294,386 302,422 294,386 282,786 Capital Outlay 135,043 129,500 269,500 383,316 13,000 51,529 Transfers Out 817,128 2,475,000 2,475,000 2,475,000 115,000 115,000 Total Expenditures 23,045,486 26,209,584 26,597,902 26,655,731 25,002,491 25,938,165 Total Operating Increases (Decreases (368,112) (4,187,214) (4,666,032) (4,033,473) (1,757,541) (1,770,915) Available Fund Balance 11,494,147$ 7,306,933$ 6,828,115$ 7,460,674$ 5,703,133$ 3,932,218$ Percent of Expenditures 49.9% 27.9% 25.7% 28.0% 22.8% 15.2% This is the primary operating fund of the City, which accounts for resources and services traditionally associated with government. The General Fund provides administrative, financial, police protection, community development, public works, and recreation services to the community and other funds. The General Fund accounts for revenues that have unrestricted uses and are not required legally or by contractual agreement to be accounted for in another fund. 2024-25 ATTACHMENT 1 Page 216 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED ESTIMATED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET Beginning Fund Balance 7,625,336$ 1,759,416$ 4,755,997$ 4,755,997$ 3,753,651$ 2,129,471$ Revenues: Revenues 3,283,349 2,962,000 2,962,000 2,891,000 2,942,500 3,019,500 Transfers In - - - - - - Total Revenues 3,283,349 2,962,000 2,962,000 2,891,000 2,942,500 3,019,500 Expenditures: Salaries and Benefits - - - - - - Services and Supplies 1,006,561 1,041,500 1,041,500 1,087,000 1,119,800 1,150,600 Capital Outlay - - - - - - Transfers Out 5,146,127 2,109,272 7,943,991 2,806,346 3,446,880 2,286,435 Total Expenditures 6,152,688 3,150,772 8,985,491 3,893,346 4,566,680 3,437,035 Change in Fund Balance (2,869,340) (188,772) (6,023,491) (1,002,346) (1,624,180) (417,535) Ending Fund Balance 4,755,997$ 1,570,644$ (1,267,494)$ 3,753,651$ 2,129,471$ 1,711,936$ FUND: 120 MEASURE O-06 LOCAL SALES TAX This fund accounts for the revenues derived from Measure O 2006 Sales Tax, a local 1/2% sales tax approved by the City's voters in November 2006. 2024-25 2025-26 2026-27 2023-24 ADOPTED AMENDED ESTIMATED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET Beginning Fund Balance -$ -$ -$ -$ 1,440,000$ 1,324,860$ Revenues: Revenues - - - 1,440,000 5,870,000 6,025,000 Transfers In - - - - - - Total Revenues - - - 1,440,000 5,870,000 6,025,000 Expenditures: Salaries and Benefits - - - - - - Services and Supplies - - - - 32,500 32,500 Capital Outlay - - - - - - Transfers Out - - - - 5,952,640 5,846,200 Total Expenditures - - - - 5,985,140 5,878,700 Change in Fund Balance - - - 1,440,000 (115,140) 146,300 Ending Fund Balance -$ -$ -$ 1,440,000$ 1,324,860$ 1,471,160$ FUND: 140 MEASURE E-24 LOCAL SALES TAX This fund accounts for the revenues derived from Measure E 2024 Sales Tax, a local 1% sales tax approved by the City's voters in November 2024. 2024-25 ATTACHMENT 1 Page 217 of 236 FUND SUMMARIES ENTERPRISE FUNDS FUND: 612 SEWER 2025-26 2026-27 2023-24 AD OPTED AMENDED PROPOSED PROPOSED ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Working Capital 1,777,995$ 1,812,690$ 1,768,179$ 1,711,020$ 1,861,620$ Revenues: Revenues 1,190,944 1,272,250 1,272,541 1,383,100 1,424,400 Transfers In 188,378 - - - - Total Revenues 1,379,323 1,272,250 1,272,541 1,383,100 1,424,400 Expenses: Salaries and Benefits 349,742 425,000 425,000 444,900 462,900 Services and Supplies 176,577 223,300 223,300 221,200 216,100 Debt Service - - - - - Operating Equipment 49,503 2,500 2,500 35,000 175,000 Capital Improvement Progra 263,054 100,000 100,000 - 332,000 Transfers Out 550,263 578,900 578,900 531,400 578,900 Total Expenditures 1,389,139 1,329,700 1,329,700 1,232,500 1,764,900 Ending Available Working Capi 1,768,179$ 1,755,240$ 1,711,020$ 1,861,620$ 1,521,120$ 2024-25 This fund is used to account for maintenance of sewer lines connecting City residents to the South San Luis Obispo County Sanitation District sewer treatment plant. Money is collected from utility bills paid by customers. ATTACHMENT 1 Page 218 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PR OPOSED PROPOSED ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Working Capital 346,404$ 383,404$ 378,609$ 415,609$ 452,609$ Revenues: Revenues 32,205 37,000 37,000 37,000 37,000 Transfers In - - - - - Total Revenues 32,205 37,000 37,000 37,000 37,000 Expenses: Salaries and Benefits - - - - - Services and Supplies - - - - - Debt Service - - - - - Capital Outlay - - - - - Capital Improvement Program - - - - - Transfers Out - - - - - Total Expenditures - - - - - Ending Available Working Capital 378,609$ 420,404$ 415,609$ 452,609$ 489,609$ FUND: 634 SEWER FACILITY This fund is used to account for the accumulation of sewer facility revenues to be used in capital improvement projects in the City. Money is collected from development to offset the impacts new development has on the sewer collection system. 2024-25 FUND: 640 WATER 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Working Capital 3,129,383$ 3,981,134$ 3,096,538$ 2,210,920$ 1,431,068 Revenues: Revenues 7,789,724 8,497,590 8,497,590 9,077,095 9,346,932 Transfers In 705,531 - - 401,100 191,955 Total Revenues 8,495,255 8,497,590 8,497,590 9,478,195 9,538,887 Expenses: Salaries and Benefits 752,307 853,500 853,500 919,000 955,800 Services and Supplies 769,226 1,619,800 938,800 958,900 988,600 Debt Service 55,000 - - - - Capital Outlay (10,785) 45,000 45,000 94,000 206,000 Capital Improvement Pr 1,159,486 430,000 430,000 800,000 885,000 Transfers Out 5,802,865 5,762,950 7,115,908 7,486,147 7,785,100 Total Expenditures 8,528,100 8,711,250 9,383,208 10,258,047 10,820,500 Ending Available Working 3,096,538$ 3,767,474$ 2,210,920$ 1,431,068$ 149,456 This fund is used to account for the activities associated with the transmission and distribution of potable water by the City to its users. Money is collected from utility bills paid by customers. 2024-25 ATTACHMENT 1 Page 219 of 236 FUND SUMMARIES FUND: 641 LOPEZ 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Working Capital 1,202,662$ 1,256,189$ 1,202,662$ 1,202,662$ 1,130,291$ Revenues: Revenues - - - - - Transfers In 3,908,594 3,889,750 5,242,708 5,283,297 3,889,750 Total Revenues 3,908,594 3,889,750 5,242,708 5,283,297 3,889,750 Expenses: Salaries and Benefits - - - - - Services and Supplies 3,908,594 3,889,749 5,242,707 5,355,668 3,889,750 Debt Service - - - - - Capital Outlay - - - - - Capital Improvement Program - - - - - Transfers Out - - - - - Total Expenditures 3,908,594 3,889,749 5,242,707 5,355,668 3,889,750 Ending Available Working Capital 1,202,662$ 1,256,189$ 1,202,662$ 1,130,291$ 1,130,291$ This fund is responsible for the purchase of water from Lopez Dam. The City has a 50.55% share of the water and expense generated by Zone 3 – County of San Luis Obispo’s Flood Control and Water C o nservation District. 2024-25 FUND: 642 WATER FACILITY 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Working Capital 1,027,028 828,542 1,094,568 1,159,568$ 1,224,568$ Revenues: Revenues 67,540 65,000 65,000 65,000 65,000 Transfers In - - - - - Total Revenues 67,540 65,000 65,000 65,000 65,000 Expenses: Salaries and Benefits - - - - - Services and Supplies - - - - - Debt Service - - - - - Capital Outlay - - - - - Capital Improvement Progra - - - - - Transfers Out - - - - - Total Expenditures - - - - - Ending Available Working Cap 1,094,568$ 893,542$ 1,159,568$ 1,224,568$ 1,289,568$ This fund is used to account for the accumulation of water facility revenues to be used in capital improvement projects in the City. Money is collected from development to offset the impacts new development has on the water distribution system. 2024-25 ATTACHMENT 1 Page 220 of 236 FUND SUMMARIES SPECIAL REVENUE FUNDS 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 382,385$ 403,385$ 426,745$ 452,745$ 478,745$ Revenues: Revenues 44,361 26,000 26,000 26,000 26,000 Transfers In - - - - - Total Revenues 44,361 26,000 26,000 26,000 26,000 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures - - - - - Change in Fund Balance 44,361 26,000 26,000 26,000 26,000 Ending Fund Balance 426,745$ 429,385$ 452,745$ 478,745$ 504,745$ FUND: 210 FIRE PROTECTION IMPACT FEES This fund accounts for impact fees collected from developers for the expansion of the existing fire station in order to serve future development. 2024-25 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 221,070$ 0$ (120)$ 2,180$ 4,480$ Revenues: Revenues 48,778 46,200 42,200 42,200 42,200 Transfers In - - - Total Revenues 48,778 46,200 42,200 42,200 42,200 Expenditures: Salaries and Benefits - - - - - Services and Supplies 269,969 39,900 39,900 39,900 39,900 Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures 269,969 39,900 39,900 39,900 39,900 Change in Fund Balance (221,190) 6,300 2,300 2,300 2,300 Ending Fund Balance (120)$ 6,300$ 2,180$ 4,480$ 6,780$ FUND: 211 PUBLIC ACCESS TELEVISION This fund accounts for fees collected from Charter Communications that are restricted for support of public, education, and government access programming and equipment. 2024-25 ATTACHMENT 1 Page 221 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 58,518$ 63,818$ 64,023$ 69,323$ 74,623$ Revenues: Revenues 5,504 5,300 5,300 5,300 5,300 Transfers In - - - - Total Revenues 5,504 5,300 5,300 5,300 5,300 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - 25,000 Total Expenditures - - - - 25,000 Change in Fund Balance 5,504 5,300 5,300 5,300 (19,700) Ending Fund Balance 64,023$ 69,118$ 69,323$ 74,623$ 54,923$ FUND: 212 POLICE PROTECTION IMPACT FEES 2024-25 This fund accounts for impact fees collected from developers for the expansion of the existing police facility in order to serve future development. 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 1,430,686$ 1,486,686$ 1,490,533$ 1,546,533$ 1,602,533$ Revenues: Revenues 59,846 56,000 56,000 56,000 56,000 Transfers In - - - Total Revenues 59,846 56,000 56,000 56,000 56,000 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - 310,000 Total Expenditures - - - - 310,000 Change in Fund Balance 59,846 56,000 56,000 56,000 (254,000) Ending Fund Balance 1,490,533$ 1,542,686$ 1,546,533$ 1,602,533$ 1,348,533$ FUND: 213 PARK FACILITIES 2024-25 This fund accounts for the receipts of park-in-lieu fees (Quimby) and grant revenues that are used for construction, park acquisition, and development of park facilities. ATTACHMENT 1 Page 222 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 28,486$ 30,686$ 32,468$ 34,668$ 37,018$ Revenues: Revenues 3,982 2,200 2,200 2,350 2,350 Transfers In - - - - - Total Revenues 3,982 2,200 2,200 2,350 2,350 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures - - - - - Change in Fund Balance 3,982 2,200 2,200 2,350 2,350 Ending Fund Balance 32,468$ 32,886$ 34,668$ 37,018$ 39,368$ FUND: 215 RECREATION COMMUNITY CENTER This fund accounts for impact fees collected from developers and used for recreation facilities in order to maintain the adopted level of service of recreation/community center facilities of 542 square feet per thousand population. 2024-25 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PR OPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 189,988$ 178,888$ 207,747$ 196,647$ 185,547$ Revenues: Revenues 56,245 50,900 50,900 50,900 50,900 Transfers In - - - - - Total Revenues 56,245 50,900 50,900 50,900 50,900 Expenditures: Salaries and Benefits - - - - - Services and Supplies 38,487 62,000 62,000 62,000 62,000 Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures 38,487 62,000 62,000 62,000 62,000 Change in Fund Balance 17,759 (11,100) (11,100) (11,100) (11,100) Ending Fund Balance 207,747$ 167,788$ 196,647$ 185,547$ 174,447$ FUND: 214 PARK IMPROVEMENT Impact fees collected from developers for park improvements are to be used to maintain the adopted level of service for neighborhood and community parks of 4.0 acres per thousand population. This fund accounts for the receipt and use of these monies. 2024-25 ATTACHMENT 1 Page 223 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 28,486$ 30,686$ 32,468$ 34,668$ 37,018$ Revenues: Revenues 3,982 2,200 2,200 2,350 2,350 Transfers In - - - - - Total Revenues 3,982 2,200 2,200 2,350 2,350 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures - - - - - Change in Fund Balance 3,982 2,200 2,200 2,350 2,350 Ending Fund Balance 32,468$ 32,886$ 34,668$ 37,018$ 39,368$ FUND: 215 RECREATION COMMUNITY CENTER This fund accounts for impact fees collected from developers and used for recreation facilities in order to maintain the adopted level of service of recreation/community center facilities of 542 square feet per thousand population. 2024-25 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 32,872$ 26,737$ 34,455$ 28,320$ 22,220$ Revenues: Revenues 10,645 10,000 10,000 10,000 10,000 Transfers In - - - - - Total Revenues 10,645 10,000 10,000 10,000 10,000 Expenditures: Salaries and Benefits - - - - - Services and Supplies 7,467 14,535 14,535 14,500 14,700 Capital Outlay - - - - - Transfers Out 1,596 1,600 1,600 1,600 1,600 Total Expenditures 9,063 16,135 16,135 16,100 16,300 Change in Fund Balance 1,583 (6,135) (6,135) (6,100) (6,300) Ending Fund Balance 34,455$ 20,602$ 28,320$ 22,220$ 15,920$ FUND: 216 GRACE LANE ASSESSMENT DISTRICT This fund accounts for the landscape maintenance within the Grace Lane housing tract. A special benefit assessment is levied on property owners to pay for landscape maintenance expenditures. 2024-25 ATTACHMENT 1 Page 224 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 5,014$ 5,014$ 6,445$ 6,445$ 5,245$ Revenues: Revenues 5,759 5,900 5,900 5,900 5,900 Transfers In - - - - - Total Revenues 5,759 5,900 5,900 5,900 5,900 Expenditures: Salaries and Benefits - - - - - Services and Supplies 2,924 5,700 5,700 5,700 5,700 Capital Outlay - - - - - Transfers Out 1,404 200 200 1,400 1,400 Total Expenditures 4,328 5,900 5,900 7,100 7,100 Change in Fund Balance 1,431 - - (1,200) (1,200) Ending Fund Balance 6,445$ 5,014$ 6,445$ 5,245$ 4,045$ This fund accounts for the landscape maintenance of parkways within two housing tracts. A special benefit assessment is levied on property owners to pay for landscape maintenance expenditures. FUND: 217 LANDSCAPE MAINTENANCE DISTRICTS 2024-25 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 489,296$ 501,116$ 532,177$ 293,997$ 305,797$ Revenues: Revenues 63,944 46,500 46,500 46,500 46,500 Transfers In - - - - - Total Revenues 63,944 46,500 46,500 46,500 46,500 Expenditures: Salaries and Benefits - - - - - Services and Supplies 18,760 32,380 32,380 32,400 32,400 Capital Outlay - - - - - Transfers Out 2,304 252,300 252,300 2,300 2,300 Total Expenditures 21,064 284,680 284,680 34,700 34,700 Change in Fund Balance 42,881 (238,180) (238,180) 11,800 11,800 Ending Fund Balance 532,177$ 262,936$ 293,997$ 305,797$ 317,597$ 2024-25 FUND: 219 PARKSIDE ASSESSMENT DISTRICT This fund accounts for revenue derived from annual assessments, which are used to pay the cost incurred by the City for landscape maintenance. ATTACHMENT 1 Page 225 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 81,325$ 66,564$ 3,569$ 63,522$ 62,352 Revenues: Revenues 995,352 972,800 1,026,422 1,044,700 1,059,800 Transfers In 474,996 655,000 655,000 695,000 730,000 Total Revenues 1,470,348 1,627,800 1,681,422 1,739,700 1,789,800 Expenditures: Salaries and Benefits 618,732 600,300 600,300 623,100 647,300 Services and Supplies 346,722 382,700 317,700 382,700 382,700 Debt Service 8,369 8,369 8,369 8,369 8,369 Capital Outlay 14,127 140,000 140,000 140,000 140,000 Transfers Out 560,154 561,100 555,100 586,700 605,200 Total Expenditures 1,548,105 1,692,469 1,621,469 1,740,869 1,783,569 Change in Fund Balance (77,757) (64,669) 59,953 (1,169) 6,231 Ending Fund Balance 3,569$ 1,896$ 63,522$ 62,352$ 68,582 This fund accounts for receipts and expenditures of money apportioned by the State under Streets and Highway Code. The use of gas tax revenues can only be used to construct and maintain streets, roads and highways. 2024-25 FUND: 220 STREETS (GAS TAX) 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 1,136,640$ 1,172,640$ 1,195,833$ 1,231,833$ 1,267,833 Revenues: Revenues 59,193 36,000 36,000 36,000 36,000 Transfers In - - - - - Total Revenues 59,193 36,000 36,000 36,000 36,000 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures - - - - - Change in Fund Balance 59,193 36,000 36,000 36,000 36,000 Ending Fund Balance 1,195,833$ 1,208,640$ 1,231,833$ 1,267,833$ 1,303,833 This fund accounts for traffic signalization assessment levied against developments for the future cost of traffic signals. FUND: 222 TRAFFIC SIGNALIZATION 2024-25 ATTACHMENT 1 Page 226 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 153,496$ 153,996$ 159,741$ 160,241$ 160,741 Revenues: Revenues 6,245 500 500 500 500 Transfers In - - - - - Total Revenues 6,245 500 500 500 500 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures - - - - - Change in Fund Balance 6,245 500 500 500 500 Ending Fund Balance 159,741$ 154,496$ 160,241$ 160,741$ 161,241$ FUND: 223 TRAFFIC CIRCULATION This fund accounts for developer traffic mitigation measure fees charged as a result of an environmental review. 2024-25 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 2,682,500$ 2,742,500$ 2,835,751$ 2,895,751$ 2,955,751$ Revenues: Revenues 153,251 60,000 60,000 60,000 60,000 Transfers In - - - - - Total Revenues 153,251 60,000 60,000 60,000 60,000 Expenditures: Salaries and Benefits - - - - - Debt Service - - - Capital Outlay - - - - - Transfers Out - - - - 1,238,500 Total Expenditures - - - - 1,238,500 Change in Fund Balance 153,251 60,000 60,000 60,000 (1,178,500) Ending Fund Balance 2,835,751$ 2,802,500$ 2,895,751$ 2,955,751$ 1,777,251$ FUND: 224 TRANSPORTATION FACILITY IMPACT This fund accounts for developer impact fees (AB1600 fees) paid to protect the public health, safety, and welfare by maintaining the existing level of public services for existing and future residents within the City of Arroyo Grande. 2024-25 ATTACHMENT 1 Page 227 of 236 FUND SUMMARIES FUND: 225 TRANSPORTATION 2025-26 2026-27 2023-24 AD OPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 1,337,178$ 1,452,178$ 1,412,141$ 1,348,141$ 1,244,141$ Revenues: Revenues 474,959 516,000 516,000 516,000 516,000 Transfers In - - - - - Total Revenues 474,959 516,000 516,000 516,000 516,000 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Debt Service - - - Capital Outlay - - - - - Transfers Out 399,996 580,000 580,000 620,000 655,000 Total Expenditures 399,996 580,000 580,000 620,000 655,000 Change in Fund Balance 74,963 (64,000) (64,000) (104,000) (139,000) Ending Fund Balance 1,412,141$ 1,388,178$ 1,348,141$ 1,244,141$ 1,105,141$ This revenue source is provided by the San Luis Obispo County of Government’s (SLOCOG) Local Transportation Fund (LTF). The annual appropriation is restricted to transportation systems, including transit, pedestrian, street and road maintenance. 2024-25 2025-26 2026-27 2023-24 AD OPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 218,316$ 108,116$ 251,183$ 165,883$ 145,583$ Revenues: Revenues 55,066 52,000 52,000 52,000 52,000 Transfers In - - - - - Total Revenues 55,066 52,000 52,000 52,000 52,000 Expenditures: Salaries and Benefits - - - - - Services and Supplies 22,199 137,300 137,300 72,300 72,300 Debt Service - - - Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures 22,199 137,300 137,300 72,300 72,300 Change in Fund Balance 32,867 (85,300) (85,300) (20,300) (20,300) Ending Fund Balance 251,183$ 22,816$ 165,883$ 145,583$ 125,283$ FUND: 226 WATER NEUTRALIZATION IMPACT The City requires development projects that increase total water consumption in the City to “neutralize” that demand by reducing water consumption in existing development by an equivalent amount or by paying a fee in-lieu of performing water consumption reductions. This fund accounts for the amount collected from developers and is used towards the City’s water conservation efforts. 2024-25 ATTACHMENT 1 Page 228 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 5,891$ 5,891$ 5,965$ 5,965$ 9,965$ Revenues: Revenues 74 - - 4,000 4,000 Transfers In - - - - - Total Revenues 74 - - 4,000 4,000 Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - 12,500 Total Expenditures - - - - 12,500 Change in Fund Balance 74 - - 4,000 (8,500) Ending Fund Balance 5,965$ 5,891$ 5,965$ 9,965$ 1,465$ FUND: 231 DRAINAGE FACILITY This fund accounts for impact fees paid by development and are restricted to improving drainage within the City. 2024-25 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 1,172,609$ 750,738$ 1,306,929$ 255,059$ 281,559$ Revenues: Revenues 134,321 26,500 26,500 26,500 26,500 Transfers In - - - - - Total Revenues 134,321 26,500 26,500 26,500 26,500 Expenditures: Salaries and Benefits - - - - - Services and Supplies - 448,370 1,078,370 - - Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures - 448,370 1,078,370 - - Change in Fund Balance 134,321 (421,870) (1,051,870) 26,500 26,500 Ending Fund Balance 1,306,929$ 328,868$ 255,059$ 281,559$ 308,059$ FUND: 232 IN-LIEU AFFORDABLE HOUSING This fund accounts for monies paid by developers in meeting the City's mandatory affordable housing requirements. 2024-25 ATTACHMENT 1 Page 229 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 19,841$ 19,841$ 20,648$ 20,648$ 20,648$ Revenues: Revenues 807 - - - - Transfers In - - - - - Total Revenues 807 - - - - Expenditures: Salaries and Benefits - - - - - Services and Supplies - - - - - Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures - - - - - Change in Fund Balance 807 - - - - Ending Fund Balance 20,648$ 19,841$ 20,648$ 20,648$ 20,648$ This fund accounts for monies paid by developers in meeting the City's underground utility requirements. 2024-25 FUND: 233 IN-LIEU UNDERGROUND UTILITY 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 436,489$ 420,739$ 438,185$ 295,355$ 298,453$ Revenues: Revenues 299,754 319,020 319,020 328,598 319,020 Transfers In - - - - - Total Revenues 299,754 319,020 319,020 328,598 319,020 Salaries and Benefits - - - - - Services and Supplies 248,055 411,850 411,850 275,500 411,850 Debt Service - - - - - Capital Outlay - - - - - Transfers Out 50,004 50,000 50,000 50,000 50,000 Total Expenditures 298,059 461,850 461,850 325,500 461,850 Change in Fund Balance 1,695 (142,830) (142,830) 3,098 (142,830) Ending Fund Balance 438,185$ 277,909$ 295,355$ 298,453$ 155,623$ The purpose of the Tourism Business Improvement District (TBID) is to provide projects, programs and activities that benefit lodging businesses located and operating within the City of Arroyo Grande. A two percent (2%) assessment is levied on all lodging businesses of the rent charged by the operator per occupied room per night for all transient occupancies. Revenue collected is used to promote the lodging industry within the City. 2024-25 FUND: 240 TOURISM BUSINESS IMPROVEMENT DISTRICT ATTACHMENT 1 Page 230 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 40,851$ 56,080$ 73,035$ 131,035$ 189,035$ Revenues: Revenues 32,184 58,000 58,000 58,000 58,000 Transfers In - - - - - Total Revenues 32,184 58,000 58,000 58,000 58,000 Expenditures: Services and Supplies - - - - - Debt Service - - - Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures - - - - - Change in Fund Balance 32,184 58,000 58,000 58,000 58,000 Ending Fund Balance 73,035$ 114,080$ 131,035$ 189,035$ 247,035$ FUND: 241 WATER AVAILABILITY FUND Pursuant to the provisions of Section 38743 of the Government Code, water availability charges is a “special charge” which is levied to each parcel of property not served with city water. These charges are restricted for the sole purpose of expanding water supply such as desalination plant, recycled water, scalping plant, etc. 2024-25 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 20,923$ 0$ 83,654$ 83,654$ 71,263 Revenues: Revenues 62,731 12,391 202,012 - 12,391 Transfers In - - - - - Total Revenues 62,731 12,391 202,012 - 12,391 Expenditures: Salaries and Benefits - - - - - Services and Supplies - 56,749 202,012 12,391 12,391 Debt Service - - - - - Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures - 56,749 202,012 12,391 12,391 Change in Fund Balance 62,731 (44,358) - (12,391) - Ending Fund Balance 83,654$ (44,358)$ 83,654$ 71,263$ 71,263 FUND: 250 CDBG GRANT FUND This fund accounts for revenues and expenditures related to Community Development Block Grant (CDBG) Funds. The program is a flexible program that provides the City with resources to address a wide range of unique community development needs. 2024-25 ATTACHMENT 1 Page 231 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 683,208$ 558,708$ 787,470$ 928,270$ 831,570$ Revenues: Revenues 129,558 140,800 140,800 140,800 140,800 Transfers In - - - - - Total Revenues 129,558 140,800 140,800 140,800 140,800 Expenditures: Salaries and Benefits - - - - - Services and Supplies 240 - - 12,500 - Capital Outlay 25,056 - - 25,000 25,000 Transfers Out - - - 200,000 125,000 Total Expenditures 25,296 - - 237,500 150,000 Change in Fund Balance 104,262 140,800 140,800 (96,700) (9,200) Ending Fund Balance 787,470$ 699,508$ 928,270$ 831,570$ 822,370$ FUND: 271 STATE COPS BLOCK GRANT This fund accounts for the receipt and use of monies from the State of California restricted to the purchase of police equipment and technology for crime prevention. 2024-25 ATTACHMENT 1 Page 232 of 236 FUND SUMMARIES AGENCY FUNDS 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 3,453,077$ 3,257,408$ 3,257,408$ 3,255,408$ 3,253,408$ Revenues: Revenues 6,456 412,944 412,944 412,944 412,944 Transfers In - - - - - Total Revenues 6,456 412,944 412,944 412,944 412,944 Expenditures: Salaries and Benefits - - - - - Services and Supplies 3,350 2,000 2,000 2,000 2,000 Debt Service 168,775 382,944 382,944 382,944 382,944 Capital Outlay - - - - - Transfers Out 30,000 30,000 30,000 30,000 30,000 Total Expenditures 202,125 414,944 414,944 414,944 414,944 Change in Fund Balance (195,669) (2,000) (2,000) (2,000) (2,000) Ending Fund Balance 3,257,408$ 3,255,408$ 3,255,408$ 3,253,408$ 3,251,408$ FUND: 286 SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT AGENCY This private-purpose trust fund was created to hold the assets of the former redevelopment agency of the City of Arroyo Grande until they are distributed to other units of state and local government after the payment of enforceable obligations have been made. 2024-25 ATTACHMENT 1 Page 233 of 236 FUND SUMMARIES 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 1,675,016$ 1,701,201$ 1,701,201$ 1,699,701$ 1,698,201$ Revenues: Revenues 27,859 - - - - Transfers In - - - - - Total Revenues 27,859 - - - - Expenditures: Salaries and Benefits - - - - - Services and Supplies 1,674 1,500 1,500 1,500 1,500 Debt Service - - - Capital Outlay - - - - - Transfers Out - - - - - Total Expenditures 1,674 1,500 1,500 1,500 1,500 Ending Fund Balance 1,701,201$ 1,699,701$ 1,699,701$ 1,698,201$ 1,696,701$ FUND: 287 SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT AGENCY - HOUSING FUNCTION This private-purpose trust fund was created to hold the housing assets of the former redevelopment agency of the City of Arroyo Grande until they are distributed to other units of state and local government after the payment of enforceable obligations have been made. 2024-25 2025-26 2026-27 2023-24 ADOPTED AMENDED PROPOSED PROPOSED ITEM ACTUAL BUDGET BUDGET BUDGET BUDGET Beginning Fund Balance 154,797$ 156,796$ 156,796$ 157,496$ 158,196$ Revenues: Revenues 11,802 11,000 11,000 11,000 11,000 Transfers In 6,217 - - - Total Revenues 18,018 11,000 11,000 11,000 11,000 Expenditures: Salaries and Benefits - - - - - Services and Supplies 10,115 4,400 4,400 4,400 4,400 Capital Outlay - - - - - Transfers Out 5,904 5,900 5,900 5,900 149,900 Total Expenditures 16,019 10,300 10,300 10,300 154,300 Ending Fund Balance 156,796$ 157,496$ 157,496$ 158,196$ 14,896$ FUND: 751 DOWNTOWN PARKINGThis agency fund collects assessments from Arroyo Grande Village merchants for the maintenance of the Village parking lots for the Downtown Village Merchants Association. 2024-25 ATTACHMENT 1 Page 234 of 236 Goal Strategy Task/Action Carryover Action or New Responsible Department Anticipated to Start Completion Target 1.1 Revenue Generation 1.1a 400 W. Branch Disposition and Development Agreement Carryover CMO/CA/CD In Progress 1Q FY 2026-27 Pursue New Revenue Sources 1.1b Develop a Special Event that drives visitation during shoulder and winter months and build destination awareness Carryover Rec In Progress 4Q FY 2025-26 1.1c Develop an Economic Development Program New CMO 1Q FY 2025-26 4Q FY 2025-26 1.2 Consider Cannabis as a Means of 1.2a Evaluate cannabis operations that bring in revenue New CD/CMO 1Q FY 2025-26 2Q FY 2025-26 1.2b Conduct study session with the City Council regarding potential cannabis ordinance Carryover CD/CA/CMO/LIS 3Q FY 2025-26 3Q FY 2025-26 1.2c Conduct study session with the City Council regarding potential cannabis development agreement Carryover CD/CA/CMO/LIS 4Q FY 2025-26 4Q FY 2025-26 1.2d Prepare and adopt cannabis ordinance, if directed by the City Council Carryover CD/CA/CMO 4Q FY 2025-26 1Q FY 2026-27 1.2e Evaluate feasibility of a Cannabis Tax, if directed Carryover CD/AS/CA/CMO 4Q FY 2025-26 1Q FY 2026-27 1.3 Transient Occupany Tax Changes 1.3a Work on changes to TBID ordinance for expanded use of TOT funds New CMO/Rec/LIS 1Q FY 2025-26 1Q FY 2025-26 1.3b Bring changes to TBID assessment and ordinance to Council for approval New CMO/Rec/LIS 1Q FY 2025-26 1Q FY 2025-26 1.3c Evaluate opportunities related to City TBID and potential TOT Measure New CMO/Rec/LIS In Progress 4Q FY 2024-25 1.3d Hold study session with City Council and visitor serving accomodations to eliminate TBID New CMO/Rec/LIS 1Q FY 2025-26 1Q FY 2025-26 1.3e If directed by Council, issue RFP for consultant to develop a survey and outreach strategy to community for TOT New CMO/LIS 1Q FY 2025-26 2Q FY 2025-26 1.3f Award contract for consultant to survey and develop outreach strategy for TOT New CMO/LIS 2Q FY 2025-26 2Q FY 2025-26 1.3g Conduct public education regarding need for TOT New CMO/LIS 2Q FY 2025-26 2Q FY 2026-27 1.3h Bring TOT measure to City Council for consideration of placing on the November 2026 ballot New CMO/Rec/LIS 4Q FY 2025-26 4Q FY 2025-26 2.1 Pursue 2026 State Water Ballot Measure 2.1a Meet with Department of Public Works at the County of San Luis Obispo to begin discussion surrounding purchasing some allocated State Water New CMO/PW 4Q FY 2024-25 1Q FY 2025-26 Achieve Water Resilience 2.1b If directed by Council, Issue an RFP for a Consultant to evaluate feasibility of State Water Ballot Measure New CMO/PW/LIS 1Q FY 2025-26 1Q FY 2025-26 2.1c Award bid to consultant and begin public outreach and community messaging regarding a potential State Water Ballot Measure New CMO/PW/LIS 2Q FY 2025-26 2Q FY 2026-27 2.1d Seek Council approval on placing a November Ballot Measure New CMO/PW/LIS 4Q FY 2025-26 4Q FY 2025-26 2.2 Seek new Water Sources 2.2a Identify opportunities and constraints associated with new Water Sources New CMO/PW In Progress Ongoing 2.2b Support ongoing development and financing of regional water solution New CMO/PW In Progress Ongoing 2.2c Conduct a water and wastewater rate study to adjust rates based on changes to water supply and changing or new regional partnerships New AS/PW 1Q FY 2025-26 4Q FY 2026-27 2.3 Work with Regional Partners 2.3a Preserve Lopez water supply by working with the County on Lopez litigation New CMO/PW/CA In progress Ongoing 2.3b NCMA Management Agreement Amendments Carryover PW In progress Ongoing Prioritize Key Infrastructure Projects 3.1 Prioritize Key Infrastructure Projects 3.1a 2025 Pavement Management Program Construction New PW 3Q FY 2025-26 4Q FY 2025-26 3.1b Traffic Way Bridge Replacement Project Carryover PW In progress 2Q FY 2025-26 3.1c Halcyon Complete Streets Design and Construction Carryover PW 3.1d Concrete Repair Program Carryover PW 2Q FY 2025-26 4Q FY 2025-26 3.1e CMP Lining Carryover CD/PW In Progress Ongoing 3.2 Pursue Alternative Funding Sources for Infrastructure Funding 3.2a Pursue Grant applications and administration for infrastructure projects Carryover PW/CD/AS In progress Ongoing FY 2025-27 City Council Goal's Work Plan ATTACHMENT 2 Page 235 of 236 Goal Strategy Task/Action Carryover Action or New Responsible Department Anticipated to Start Completion Target FY 2025-27 City Council Goal's Work Plan 4.1 Economic Development Tasks 4.1a Retail Market Analysis Carryover CD 4Q FY 2024-25 1Q FY 2025-26 4.1b Market Demand Studies Carryover CD 4Q FY 2024-25 1Q FY 2025-26 4.2 General Plan Elements 4.2a Land and Safety Analysis Carryover CD 3Q FY 2023-24 2Q FY 2025-26 4.2b Administrative Draft Carryover CD 4.3 EIR 4.3a Complete draft EIR Carryover CD 1Q FY 2025-26 3Q FY 2025-26 4.3b Complete final EIR Carryover CD 3Q FY 2024-25 4Q FY 2025-26 4.4 Code Update 4.4a Kick off code update Carryover CD/LIS 4.4b Bring code changes to Planning Commission for approval Carryover CD 3Q FY 2025-26 3Q FY 2025-26 4.4c Bring draft Ordinance of code revision update to Council Carryover CD 4Q FY 2025-26 4Q FY 2025-26 4.5 Climate Action Plan 4.5a Kick off CAP and research Carryover CD 1Q FY 2025-26 4Q FY 2025-26 4.5b Admin Draft Carryover CD 4Q FY 2025-26 2Q FY 2026-27 4.5c Final CAP Carryover CD 2Q FY 2026-27 3Q FY 2026-27 5.1 Scope of Work and RFP 5.1a Define scope, research other communities New CD 4Q FY 2024-25 1Q FY 2025-26 5.2 Kick Off and Public Outreach 5.2a Kick Off New CD 1Q FY 2025-26 1Q FY 2025-26 5.2b Public Outreach New CD Ongoing Ongoing 5.3 CEQA 5.3a Environmental Review New CD 2Q FY 2025-26 3Q FY 2025-26 5.4 Plan Draft 5.4a Administrative Draft Plan New CD 3Q FY 2025-26 4Q FY 2025-26 5.5 Final Draft and Hearings 5.5a Final Draft New CD 4Q FY 2025-26 1Q FY 2026-27 5.5b Planning Commission Hearings New CD 1Q FY 2026-27 2Q FY 2026-27 5.5c City Council Hearings New CD 2Q FY 2026-27 2Q FY 2026-27 CMO AS LIS PD PW Rec Fire CD Legislative and Information Services Key Complete General Plan Update East Grand Avenue Corridor Redevelopment (Halcyon Road to Elm Street) Community Development Five Cities Fire Authority Recreation Services Public Works Police Department City Manager's Office Administrative Services ATTACHMENT 2 Page 236 of 236