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October 23, 2000 i a
STAFF REPORT
TO: Mayor Campbell and Members of the City Council
ATTN: Donald F. McIntyre, Interim City Manager
FROM: Pamela Arends-King, Director of Administrative Services/Treasurer
SUBJECT: 2000/2001 BUDGET ADMENDMENTS
SUMMARY OF REQUEST:
City Council to approve a Resolution authorizing budget amendments for the 2000/2001
fiscal year.
DISCUSSION:
The current 2000/01 budget estimates the utility users tax revenue received will be
$3,200,000, however, the City has actually received at least $3,800,000 for the past two
fiscal years. The City's largest utility user tax revenue source is electric and discussions
with the Regional Manager of Southern California Edison conclude consumer usage is up
for the past two years and projections are the usage will not subside. Due to the
information provided from Southern California Edison and the actual revenues the City
has received in the prior fiscal years, staff recommends amending the estimated utility
users tax revenue to $3,500,000. This amended request also reflects the effect of the
increase in senior exemptions that did not take effect until the middle of fiscal year
1999/00.
The City Council approved hiring a consultant firm for the recruitment of a City
Manager. Total costs approved were $26,000. Staff recommends increasing the contract
professional services budget for the City Manager's Department by $26,000.
The City was informed by PERS it's funding for the Safety Fire Retirement Plan has a
deficit of $16,503. This deficit was determined based on the June 30, 1998 actuarial
study. Staff recommends adjusting the Fire Safety Department's budget to include the
payment of the $16,503 deficit.
FISCAL IMPACT:
The increase in the estimated utility users tax revenue will offset the increase in the
contract professional services budget for the City Manager's Department and it will offset
the increase in the Fire Safety Department's budget.
Agenda Item
II'
October 23, 2000
Sta fReport
2000/200/ Budget Amendments
Page 2
RECOMMENDATION:
Staff recommends the approval of the budget amendments for the estimated utility users
tax revenue, the contract professional services budget for the City Manager's Department
and the Fire Safety Department budget.
Pamela Arends-King
Director of Administrative Services/Treasurer
Donald F. McIntyre
Interim City Manager