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Agenda Packet 2005-05-18 SP CITY OF City Council Agenda Tony M. Ferrara Mayor Steven Adams City Manager Joe Costello Mayor Pro Tem ~IFOR~.t Timothy J. Carmel City Attorney Jim DIckens Council Member Kelly Wetmore City Clerk Ed Arnold Council Member ,. ~ '. Jim Guthrie Council Member NOTICE OF SPECIAL MEETING CITY COUNCIUREDEVELOPMENT AGENCY AGENDA SUMMARY WEDNESDAY, MAY 18,2005 7:00 P.M. Arroyo Grande City Council Chambers 215 East Branch Street, Arroyo Grande 1. CALL TO ORDER: 7:00 P.M. 2. ROLL CALL: COUNCIURDA 3. FLAG SALUTE 4. CITIZENS' INPUT, COMMENTS, AND SUGGESTIONS on Special Meeting Agenda Items. Members of the public wishing to address the CounciVRDA on any item described in this Notice may do so when recognized by the Presiding Officer. 5. CONSIDERATION OF FY 2005..()6 & FY 2006..()7 BI-ANNUAL PRELIMINARY BUDGET. (ADAMS/PILLOW) The City CounciVRedevelopment Agency will review the FY 2005-06 & FY 2006- 07 Bi-Annual Preliminary Budget. The City CounciVRDA will consider adoption of the Bi-Annual FY 2005-06 & FY 2006-07 Budget at its Regular Meeting of June 14,2005. 6. ADJOURNMENT to Regular City Council Meeting of Tuesday, May 24, 2005 at 7:00 p.m. in the Council Chambers, 215 East Branch Street. i -------..----- - -- j MEMORANDUM TO: CITY COUNCIUREDEVELOPMENT AGENCY / FROM: STEVEN ADAMS, CITY MANAGER ~ SUBJECT: CONSIDERATION OF FY 2005-06/ FY 2006-07 PRELIMINARY BI- ANNUAL BUDGET DATE: MAY 18, 2005 RECOMMENDATION: The FY 2005-06/ FY 2006-07 Preliminary Bi-Annual Budget is provided for review, discussion, public input and direction. No action is recommended at this time. The proposed budget will be placed on the June 14, 2005 City Council agenda for formal consideration. FUNDING: The General Fund (without transfers) appropriations are proposed to be $12,735,046 for FY 2005-06 and $13,170,750 for FY 2006-07. This represents an increase of 2.97% over the FY 2004-05 Amended Budget. The total recommended citywide budget is $18,876,309 for FY 2005-06 and $19,664,419 for FY 2006-07. All funds are balanced. DISCUSSION: Staff is pleased to present to the City Council the recommended Preliminary Bi-Annual Budget for FY 2005-06 and FY 2006-07 for review and consideration. The document represents the collective recommendation of the department directors for the work plan for the upcoming year. All funds are balanced under the proposal. We believe the draft budget addresses existing needs, but does so prudently by managing ongoing costs, balancing priorities and planning long term. The budget as recommended incorporates a number of operational strategies to increase efficiency, resulting in the elimination of one part-time position and converting one full-time position to part-time. Strategies include modifications to the City's fleet maintenance and City Hall reception staffing, an across the board 2% decrease in supplies and services accounts, funding for housing program staffing costs, reorganization of staffing support for maintenance of the City's computer system, enhancement to the City's investment portfolio, transfer of CIP accounting services to in-house, increase in public safety cost recovery efforts, and a 5% increase in miscellaneous fees. - --------- --- - -- -.-- ---------,-_.--- ----'--..--..---- CITY COUNCIL FY 2005..()61 FY 2006..()7 PRELIMINARY BI-ANNUAL BUDGET MAY 18, 2005 PAGE 2 Despite existing financial challenges, the budget strategies have enabled the City to continue progress on a number of key priorities recommended by staff, and approved by the City Council, as the first step in the budget process. These include an increase in funding for the street improvement program, upgrade of the City's computer system, expansion of the geographic information system (GIS), and accelerating Americans with Disabilities Act (ADA) improvements. Most importantly, the budget as recommended maintains existing service levels despite a number of circumstances outside the City's control that increased costs and/or decreased revenues. The City's Capital Improvement Program (CIP) will continue to make a significant investment in the community's future through the maintenance of the infrastructure system. Major projects programmed in FY 2005-06 include funding to resurface both Farroll Avenue and portions of Brisco Road, expansion of the City's annual pavement management program, the Newsom Springs drainage project, drainage pumps and piping improvements at Soto Sports Complex, Sewer Lift Station No. 1 replacement, Fair Oaks Avenue Sewer Upgrade, and Water Well No. 10 construction. Funding is also programmed to accelerate progress on the Brisco Road-Halcyon Road/Route 101 Interchange project. The proposed Redevelopment Agency budget is balanced for the first time in FY 2005- 06, which is consistent with the 5-year strategy adopted in January 2001 to address the operating shortfall at that time. The Agency is proposed to begin repayment of debt to the Water and Sewer Facility Funds in the amount of $50,000 during each of the next two fiscal years and will be able to fund staffing costs transferred to the General Fund over the past several years. In addition, modest funding is proposed to be available for economic development efforts. The budget document for the first time now also incorporates a 10-year financial plan. The purpose of the long-range financial plan is to provide for better long-term decision making and planning. The 10-year plan is balanced when projecting maintenance of existing service levels. However, concems exist regarding the City's ability to fund efforts necessary to address new priority needs identified in the future. They include major transportation and infrastructure projects, facility upgrades, fire apparatus replacement, projected personnel cost increases associated with the rising cost of housing, and establishment of a vehicle replacement fund. As a result, staff is providing recommended strategy options for future revenue enhancements. The department directors should be commended for the cost effective manner in which they have prepared and managed their budgets. In particular, the City's Director of Financial Services, Angela Pillow, has done an outstanding job in her first time preparing the budget document. It is also important to recognize that the continued improvement to the City's financial condition is largely attributable to the ongoing prudent fiscal policies and direction of the City Council. CITY COUNCIL FY 2005..()6I FY 2006-07 PRELIMINARY BI-ANNUAL BUDGET MAY 18, 2005 PAGE 3 The budget recommendations, as well as departmental goals and accomplishments, will be presented in more detail at the special City Council Study Session. Please feel free to contact staff with any questions or requests for additional information in the meantime. AL TERNA TIVES: The following alternatives are provided for the Council's consideration: - Receive and discuss recommendations; - Direct staff to provide additional information and/or make changes. ---------