Item 9 - Visual Slideshow provided by Staff at MeetingPROPOSED
FISCAL YEAR 2023-24
OPERATING BUDGET
JUNE 13, 2023
CITY COUNCIL MEETING
•Benefits being realized from key prior decisions:
•Ambulance fee update
•Pension obligation bonds
•Six-year labor agreements
•Five-year agreement with SD County Sheriff’s Dept.
•History of responsible fiscal management
•Impacts from:
•Inflation
•Supply chain issues (costs and timing)
•Challenging labor market
Budget Overview
•Capital Improvement Program (CIP)
•Proposed CIP to be brought forward to City Council later in the fiscal
year
•Approx. $48 million in approved projects will continue to move
forward (33 projects)
•Additional projects will be brought forward for City Council
consideration on an as-needed basis
•Two such projects have been brought forward this evening
•2023-24 Street Maintenance Project
•2023-24 Citywide Striping Project
Budget Overview – Capital Improvement Program
Operating Budget Overview
Operating Expenditures (and other uses) by Fund (in millions)
Fiscal Year 2023-24
Operating Other
Uses Total
General (Unrestricted)$ 55.86 $ 5.11 $ 60.97
Water (Enterprise)31.56 1.90 33.46
Wastewater (Enterprise)10.17 0.31 10.48
Capital Replacement (Special Purpose)2.77 0.05 2.82
Streets (Special Purpose)1.57 0.00 1.57
Special Districts (Special Purpose)2.97 0.00 2.97
Drainage (Special Purpose)0.98 0.00 0.98
Debt Service/Other 0.17 4.48 4.65
TOTAL (ALL FUNDS)$106.05 $11.85 $117.90
General Fund
Proposed Budget
Fiscal Year 2023-24
Revenues 59,480,794$
Expenditures (55,859,231)
Revenues Over (Under) Expenditures 3,621,563
Transfers from Other Funds 804,600
Transfers to Other Funds (4,535,868)
Transfers to Reserve Funds (569,879)
Use of Fund Balance (679,584)
Available Fund Balance, 7/1/23 15,142,868
Available Fund Balance, 6/30/24 14,463,284$
General Fund Revenues
General Fund Revenues
(and Other Sources)
$60.3 million
Property
Taxes
$26.3m | 44%
$17.4m | 29%
Sales Taxes $3.7m | 6%Community Services
Fees
$1.6m | 3%
Development Services
Fees
Franchise Fees
$2.8m | 4%
Other
$2.8m | 4%Interest
$1.1m | 2%
Fire &
Ambulance
Fees
$3.8m | 6%
$0.8m | 1%
TOT
General Fund Expenditures
General Fund Expenditures
Fiscal Year 2022-23
$15.3m | 25%
Fire Department
Law
Enforcement
$15.2m | 25%
Community Services + Parks Maintenance
$11.2m | 18%
$4.0m | 7%General/Admin
.
$6.5m | 11%
Development
Services &
Housing
Other Uses (Debt,
Other Transfers)
$5.1m | 8%
Public Works
(less Parks
Maint.)
$3.7m | 6%
General Fund Expenditures
(and Other Uses)
$61.0 million
•In addition to scheduled increases in accordance with current
labor agreements, the proposed budget includes an
additional 3.0% inflationary adjustment for all employee
groups
•Total estimated cost $829,000
•General Fund estimated cost $573,000
Personnel Costs
Proposed FTE
Changes
(total cost = $530,600)
Department Position FTEs
Fire Add one Fire Safety Inspector 1.0
Community Services Convert four part-time Lifeguard positions to two Senior Lifeguards
(2.0 FTEs) 2.0
Human Resources Add one Human Resources Technician 1.0
Finance Increase Senior Admin. Assistant from 0.5 FTE to 1.0 FTE 0.5
Public Works Increase two Park Maintenance Workers from 0.5 FTE to 1.0 FTE each 1.0
Public Works Add one SCADA, Electrical, Instrumentation, and Controls
Supervisor 1.0
Total FTEs 6.5
•Annual program to upgrade park amenities including:
•Drinking fountains
•Basketball backboards
•Park light structures
•Park restroom internal renovations
•Recoating of play surfaces
•Fire Department:
•Medical Director services
•Purchase of four power gurneys and related lift systems for two front-line
ambulances
•Video conference cameras speakers (Fire Stations 1 and 3)
Proposed New Programs / Expenditure Requests
•Bobcat Skid Steer (street paving and maintenance)
•NetFile electronic filing system for Form 700 and campaign disclosure
filing
•Replace Poway Swim Center office furniture
•Total cost = $576,478
Proposed New Programs / Expenditure Requests (cont.)
•Reserve balances provide resources for future projects and
unforeseen needs that may arise
•General Fund:
•Revenue Volatility Reserve Fund (10%) $ 5.2 million
•Expenditure Volatility Reserve Fund (5%) $ 2.6 million
•Extreme Events Reserve Fund (30%) $ 15.0 million
•Pension Reserve Fund $ 1.3 million
•Capital Improvement Fund $ 6.7 million
•Unassigned Fund Balance $14.5 million
•Capital Replacement Funds $18.3 million
Budget Overview
Water Utility Funds
Proposed Budget
Fiscal Year 2023-24
Revenues 37,494,135$
Expenditures (31,563,169)
Revenues Over (Under) Expenditures 5,930,966
Other Sources 95,407
Debt Service (1,903,529)
Net Fund Activity 4,122,844
Fund Balance, 7/1/23 14,837,853
Fund Balance, 6/30/24 18,960,697$
• Budget Review Committee meetings
•May 3
•Budget process overview, department presentations
•May 10
•Prior BRC recommendations, budget document overview
•May 24
•Budget document review, drafting of observations and recommendations
report to City Council
Budget Review Committee
PROPOSED
FY 2023-24 OPERATING
BUDGET
PUBLIC COMMENT AND
CITY COUNCIL DISCUSSION
General Fund