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Home My WebLink About4.26.22 Budget Workshop PresentationFY 2023 and FY 2024 Budget Workshop #2 Barbara Whitehorn, Finance Director Tanya Williams, Budget Division Manager April 26, 2022 1 1 Budget Workshop Overview Tonight We Will Cover: Updated Revenues Expenditure Forecasts Review Fiscal Year 2022 (Current) Forecast Fund Balance CIP Review Accomplishments & Overview of Future Funded Projects 2 2 General Fund Revenue Projections 3 Projecting $193 million in general fund revenue in FY 23 and $196 million in FY 24. This is an increase of $19.3 million or 11% increase from our FY 22 adopted budget in FY 23 and increase of an additional 1.5% projected into FY 24. These revenue projections are consistent with our trend analysis, actual received year to date through March 2022 and inclusive of sales and measures s forecasts provided by HDL. There are increases in nearly every revenue category recognizing the continued period of growth- increases in development activity, sales and measure s tax are all seeing steady increases. Further, with the fee study that is planned for completion during fiscal year 2023, there’s the potential that several of our fees could see an increase further impacting positive revenue returns. 3 Fiscal 2023 & Fiscal Year 2024 Base Budget 4 It’s important to compare the adopted budget with the proposed budget- the amended budget includes anything that was carried over. The year-end projections include anything that was also added this fiscal year. Some departments will potentially not hit their full budget due to vacancies etc. Additional overages are coming from fund balance from higher revenues than expenditures at the end of last fiscal year and strong revenues during this fiscal year. 4 Expenditure Reviews Where are the Increases? 5 In Fiscal Year 2022 (current fiscal year) throughout the year from quarterly updates, including mid year, the Council has funded a number of new programs, projects and people. Many of these additions were ongoing expenditures and carry over into the FY 23 & FY 24 budgets. 5 Fiscal Year 2021-2022 In Review Community & Economic Development Brought plan review & permit services in house for improved customer service (also $930,000 in annual savings) New Economic Development Project Manager Closed over 2,200 Code Enforcement Cases Received nearly $10 million in housing services support Animal Services Celebrated Grand Re-Opening 13% of animals returned to owners 6 Great Things Are Happening! 6 Fiscal Year 2021-2022 In Review Great Things Are Happening! Parks & Recreation Programmed over 10 community events Focused on projects during COVID/limit on activities and programs Library Expanded services and hours to 40 hours at all four locations Increased focus on Literacy & STEAM programs & activities 7 7 Fiscal Year 2021-2022 In Review Great Things Are Happening! Police In 2021 Reduced Emergency Response Times by 8% Made over 2,900 Felony Arrests Averaged 1,400 calls for emergency service every day Cleaned over 2,700 illegal camp/dump sites Public Works Completed over 900 permits Filled over 23,000 potholes Completed 5,600 Graffiti Clean up Requests Moved Forward a number of CIP Projects 8 8 Fiscal Year 2021-2022 In Review Great Things Are Happening! City Clerk Responded to over 1,000 Public Records requests Finance New Grants Division Investment in Opengov & Budget Transparency IT Upgraded 200 work stations Invested nearly $500,000 in updating infrastructure HR Completed over 200 recruitments & reclassifications Completed classification & compensation studies and completed collective bargaining 9 9 Fund Balance and Fiscal Health 10 With projected revenue and current service levels we will have a balanced budget heading into the proposed budget hearing on May 18 10 Capital Improvements: Recent Accomplishments 11 Current CIP Review 11 Completed CIP Projects Parks and Recreation Nunez Park Soccer Field Renovation Parking Lot improvements at Perris Hill & Lytle Creek Community Centers Flooring renovation at Delmann Heights community center 5th St Senior Center Outdoor Dining Cover Playground Equpment Phase III Completed at Meadowbrook, Anne Shirrel, Blair, Lionel E. Hudson, and Tom Gould Parks 12 12 Completed Projects Completed Street Rehabs: 3rd Street between Sierra Way and 'D' Street (Ward 1) 6th Street between Sierra Way and Waterman Avenue (Ward 2) Rancho Ave between Rialto Avenue and Foothill Boulevard (Ward 3) Highland Ave between Palm Avenue and Frontage Road (Ward 4) NorthPark Blvd between Devil Canyon Road & Little Mountain (Ward 5) Industrial Parkway between Palm Avenue and Lexington Way (Ward 6) Arrowhead Avenue between Highland Avenue and 30th Street (Ward 7) 13 13 Completed Projects Buildings Completed Preliminary Design Report for New Animal Shelter Animal Shelter Electrical Panel Upgrade ADA Ramp Repairs Curb ramps at various locations throughout the City rights-of-way at the 5th Street Senior Center, Perris Hill Senior Center, Rudy Hernandez Community Center, and Delmann Heights Community Center. 14 14 Completed Projects Traffic Controls and Street Lighting Implementation of Advanced Dilemma Zone Detection 49 Signalized Intersections. Upgraded Various Hardware at 224 Signalized Intersections 15 15 Capital Improvements: Upcoming & New Investing in the Future 16 16 Projects Ongoing Street Rehabilitation: $6 million for 20 segments of street rehabilitation projects carrying forward and will be completed in FY 2023 (Measure S) Park Projects: Over $10 million in existing committed funds still moving forward (ARP funding & Measure S) Traffic Signal Improvements: $3 million in various projects (Local Circulation & HSIP Grant) Committed Funds From Fiscal Year 2022- Projects Carry Forward! 17 Fiscal Year 2022 Invested and committed $25 million of general fund dollars to projects including parks and street rehabilitation, and approximately $25 million from other funds. Many of these projects are still in the process of being completed- some have been awarded and are awaiting construction, some are awaiting the bid or design. All of these committed funds for projects will carry forward and be completed over the next year or two. 17 Ongoing Projects FY 23 & FY 24 Pepper Ave Rehabilitation (Partnership with Rialto) Will address road conditions currently receiving many calls and concerns for this street Baseball/Softball Field Replacements Library Renovations- Multiple Mt Vernon Storm Drain Other Projects Include 18 Funding that carried over will see through to completion a number of projects over the next several years. 18 New Projects FY 23 & FY 24 Street Sweeping $2 million Street Sweeping Signage & Installation Street Rehabilitation $2 million citywide rehabilitation Parks & Recreation Projects $650,000 Speicher Skate Park Renovation $400,000 Perris Hill Senior Center Renovations Measure S Funding: 19 Due to the increases in the operating budget less funding from the general fund or measure s is available to contribute towards the CIP. However, we are still planning to invest additional funds in key priority projects including the signage for the street sweeping, street projects, and a few park projects. Street rehab money will likely go toward supplementing the existing budgets for projects as we anticipate the bids will come in higher than what was budgeted given current costs of labor and materials. 19 Grants Funding Strategy Additional $2.5 million in grant funding in Fiscal Year 2022 (over what was expected) Focus on grant resource development strategies, planning ahead & strategizing to fund important projects 20 Some of these include… Blair Park Renovations ($30,000 from CPRS & $50,000 san Manuel), CED LEAP grant, Library grants, Police urban areas security ($425,000), traffic safety grants, COPS $1m grant, Animal services best friends grant, $700,000 alley grant Essentially we have received grants for nearly every department and this is without the targeted or strategic support of outside consulting. We expect/anticipate that this type of revenue will grow and expand with the added focus and nurtured development. This will also be supported internally on the management side with the newly established grant d 20 21 Biennial Budget Fiscal Year 2022-23 to 2023-24 Timeline 21 Discussion 22 22 23 23