HomeMy WebLinkAboutItem X 2016-2017 Budget Adoption - 06-27-2016CITY OF SEAL BEACH PROPOSED FY 2016 – 2017 BUDGET
FISCAL YEAR 2016-2017
1
2
Mission Statement
The City of Seal Beach provides excellent city services to enhance the quality of life and to preserve our small town character
FY2016-2017 Budget Workshop - June 27, 2016
2
3
City Council Goals
3-year Goals (2016-2019) - not in priority order
Provide a quality beach and pier environment, including a restaurant
Achieve short- and long-term fiscal sustainability
Improve
and maintain the infrastructure
Attract, develop, compensate, and retain quality staff
FY2016-2017 Budget Workshop - June 27, 2016
3
FY2016-2017 Budget Workshop - June 27, 2016
Fiscal Year 2016-2017 General Fund Projected Revenues - $29,934,800
4
5
Fiscal Year 2016-2017 General Fund Proposed Expenditures - $29,917,900
(Excluding CIP)
FY2016-2017 Budget Workshop – June 27, 2016
This chart shows the change in the make up if we exclude the CIP
5
Adjusted General Fund Summary
Net of General Fund CIP
FY 2016-2017 Budget
Revenues over Expenditures:
Projected Revenues $29,916,800
Transfer In (Senior Bus)
18,000
Total Projected Revenues 29,934,800
Projected Expenditures (29,730,100)
Council Discretionary
(100,000)
Marine Safety Officer (67,600)
Senior Bus Transportation Program (18,000)
Minor Adjustments
(2,200)
Total Projected Expenditures (29,917,900)
Estimated Surplus 16,900
FY2016-2017 Budget Workshop - June 27, 2016
6
Questions
FY2016-2017 Budget Workshop - June 27, 2016
7