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HomeMy WebLinkAboutSR - RES-10839 - 2014-15 MID YEAR BUDGET ADJUSTMENTSOF 0- AGENDA ITEM February 10, 2015 TO: Honorable Mayor and Members of the City Council THRU: John W. Sibley City Manager FROM: William M. Kolbo w2irector Rick Otto, Assistant City Manager ReviewedNer' i d By/ City Manager Finance Direc or To Be Presente y: Will Kolbow Cons Calendar _ City Mgr Rpts Council Reports _ Legal Affairs Boards /Cmtes _ Public Hrgs X Admin Reports Plan /Environ 1. SUBJECT Status of Fiscal Year 2014 -2015 budget and necessary Mid -Year Adjustments and preliminary projections for Fiscal Year 2015 -16 Budget Preparation. 1 2. SUMMARY This mid -year report provides an update of the FY 2014 -2015 (FY 15) budget and recommends certain appropriation increases and budget adjustments. Staff has made every effort to identify potential sources of savings within currently budgeted funds or projects that might appropriately be used to fund the expenditures that are identified below. In addition, this report also presents a brief review of the FY 2015 -2016 (FY 16) budget that is currently being prepared. 3. RECOMMENDED ACTION To be approved in one motion: 1. Authorize the transfer of $2,000,000 from the unreserved fund balance of the General Fund to the Capital Projects Fund (500). 2. Authorize the transfer of $1,500,000 from the unreserved fund balance of the General Fund to the Accrued Liability Fund (760 for PERS). 3. Authorize the transfer of $500,000 from the unreserved fund balance of the General Fund to the Business Investment Fund (115). 4. Authorize the transfer of $260,000 from the unreserved fund balance of the General Fund to the Worker's Compensation Fund (730). 5. Authorize the appropriation of $111,000 from the unreserved fund balance of the General Fund to account 100.6001.50002.00000, Community Development - Regular Salaries. ITEM ]-A 1 2/10/15 6. a) Authorize staff to reclassify position #329 -001 from full -time Business License Inspector to full time Lead Business License Inspector; and b) Authorize staff to downgrade position 4329 -002 from a full time Business License Inspector to a full time Senior Finance Clerk; and c) Adopt Resolution No. 10839, A Resolution of the City Council of the City of Orange Amending Resolution No. 10763 Between the City of Orange and the Orange Municipal Employees' Association to include the new salary range for Lead Business License Inspector effective February 22, 2015 as follows: Class Title Ran a Ste A PSte B Ste C Ste D Ste E Ste F Lead Business License Inspector 518 4723 5217 5483 5763 6057 7. Authorize the appropriation of $20,000 from the unreserved fund balance of the General Fund to various Contractual Services accounts within Community Services. Unfreeze the Assistant Community Development Director position. Funding for the position in FY 15 can be absorbed by anticipated salary savings. Funding will be included in the FY 16 budget. 9. Unfreeze the Assistant Library Services Director position, freeze a part -time Librarian II position, and authorize the appropriation of $98,000 from the unreserved fund balance of the General Fund to account 100.2001.50002.00000, Library - Regular Salaries. 10. Unfreeze a Captain position in the Police Department. Funding for the position in FY 15 can be absorbed by anticipated salary savings. Funding will be included in the FY 16 budget 11. Authorize the appropriation of $200,000 from the unreserved fund balance of the Worker's Compensation Fund (730) to account 730.1412.50001.19108, Worker's Compensation -4850 Payroll Safety. 12. Authorize the appropriation of $60,000 from the unreserved fund balance of the Worker's Compensation Fund (730) to account 730.1412.52212.00000, Worker's Compensation -IDR Medical /Legal Evaluations. 13. Authorize the appropriation of $317,000 from the unreserved fund balance of the Accrued Liability Fund (760) to account 760.0000.50611.00000, Retiree Health Insurance. 4. FISCAL IMPACT Sufficient funds are available in the unreserved fund balance of the General Fund to support the requested appropriations. Upon approval of the recommended action, sufficient funds will also be available in the Worker's Compensation and Accrued Liability Funds to support the requested appropriations. Approval of the recommended action will result in the following appropriations: ITEM 2 2/10/15 Action Amount From: 1 $2,000,000 General Fund 2 1,500,000 General Fund 3 500,000 General Fund 4 260,000 General Fund 5 111,000 General Fund 6 0 General Fund 7 20,000 General Fund 8 0 General Fund 9 98,000 General Fund 10 0 General Fund $4,489,000 Total General Fund 11 $200,000 Worker's Compensation 12 60,000 Worker's Compensation 13 317,000 Accrued Liability To: Capital Projects (500) Accrued Liability (760 /PERS) Business Investment (115) Worker's Compensation (730) Salaries and Benefits Salaries and Benefits Contractual Services Salaries and Benefits Salaries and Benefits Salaries and Benfits Payroll - Safety Industrial Disability Retirement (IDR) Medical /Legal Evaluations Retiree Health Insurance 5. STRATEGIC PLAN GOAL (S Goal 2: Be a fiscally healthy community. Goal 2(b): Analyze future fiscal needs and potential revenue opportunities. 6. GENERAL PLAN IMPLEMENTATION Not applicable. 7. DISCUSSION and BACKGROUND Fiscal Year 2014 -2015 Update As the economy continues to recover, positive signs are reflected in our revenue receipts. Our largest General Fund revenue source, sales tax, is anticipated to stay on track with the budget of $39.6 million. We expect that the increases in auto sales and the sale of consumer goods will offset the slight decrease in fuel sales due to a decline in gas prices. Property taxes for the current year are projected to be $23.2 million, which is $458,000 (2 %) above budget. This increase is related to higher assessed values. Transient occupancy tax has been tracking positively and is anticipated to increase by $349,000 or 9% higher than the budget projection of $3.8 million. Based on current trends, other revenue sources such as motor vehicle license fees, franchises, and real property transfer tax are expected to be above budget as well. Our projections indicate that overall ITEM 3 2/10/15 FY 15 General Fund revenues will end the fiscal year at $97.6 million, which is $1.5 million or 1.5% over budget. Expenditures in the General Fund are currently on target. Historically, the General Fund ends the fiscal year with savings in expenditures and staff is anticipating some savings in FY 15; however, it is too soon to determine what that amount will be. There are a few adjustments that will be addressed later in this report that were not known at the time the FY 15 budget was being prepared. An estimated FY 15 year end fund balance is still too early to be determined however, staff will be returning to City Council with more information at an upcoming Budget Study Session. Transfers to Internal Service Funds Fiscal Year 2013 -14 (FY 14) ended with $94.2 million in revenue, $4.0 million more than budgeted. In keeping with City Council's direction from the October 2014 Council meeting, staff is recommending transferring $4.0 million from the General Fund unreserved fund balance to the Capital Projects Fund ($2.0 million), the Accrued Liability /PERS Fund ($1.5 million), and the Business Investment Fund ($500,000). Staff is also recommending a transfer of $260,000 from the General Fund unreserved fund balance to the Worker's Compensation Fund (730) for costs associated with programs implemented to manage worker's compensation claims and their impact to the City, explained later in this report. Budget t Adjustments • The enactment of Assembly Bill 1484 ( "AB 1484 "), also known as the Redevelopment Budget Trailer Bill created obligations and deadlines for redevelopment wind -down activities. Since the dissolution of the Orange Redevelopment Agency (ORA) in 2012, staff has been successful in meeting the requirements of the wind -down activities including reducing administrative costs previously funded by ORA. Some of these costs have been moved to the General Fund as projects are completed. One of the last remaining staff members in the former ORA has been moved to the Community Development Department as an Administrative Analyst II and additional funds of $111,000 in Regular Salaries are needed to cover the cost. This position will be responsible for much of the high level administrative job duties such as preparing and managing the department's budget, enhancing the department's technology, and preparing complex reports. This position has been invaluable as the Community Development department has been in transition. Staff will also include this position and funding as part of the FY 16 budget. • The Finance Department is recommending the Business License Inspector position be reclassified to Lead Business License Inspector due to a necessary change in the original structure of the General Revenue Division. A revenue team approach has been instituted which has resulted in greater efficiency, and also greater effectiveness. The recommendation is to transition from two Business License Inspectors to one Lead Business License Inspector and one Senior Finance Clerk. This memorializes the change in the team's approach, and results in a net budget savings of $2,000 in FY 15. In addition, Human Resources staff is recommending a salary adjustment of 5.0% above the existing Business License Inspector salary as the appropriate compensation level for this new classification. ITEM 4 2/10/15 • The Community Services Department is requesting an additional $20,000 for contractual services. In an effort to keep the Plaza at an acceptable level of cleanliness, maintenance and in response to complaints from the community, staff has enhanced the maintenance program to include additional steam cleaning and general maintenance and repair. • The Community Development Department is recommending to unfreeze the full time Assistant Community Development Director position. Sufficient funds are available in FY 15 to fund this position due to salary savings. Funding for this position will be added to the FY 16 budget. This position plays an integral part in City Council's goal for an enhanced level of succession planning. • The Library Department is recommending to unfreeze the full time Assistant Library Services Director position and freeze a part time Librarian II for a total fiscal impact of $98,000 to the General Fund. The Assistant Library Services Director position is needed to manage the day to day operations of the library allowing the Director to assume a leadership rather than managerial role. This position would allow the succession planning process to move forward, leaving the Library well prepared for the future loss of key employees. • Per City Council direction during the adoption of the FY 15 budget, staff is requesting approval to unfreeze a Captain position in the Police Department. Filling this position will enhance the succession planning efforts of the Police Department. Additional funding is not needed at this time as it is anticipated that there are sufficient funds available to cover the cost of this position due to salary savings within the department. Funding of approximately $280,000 will be added to the FY 16 budget for this position. • As part of the City's efforts to reduce the impact to operations when an employee is on industrial leave, staff has set up a program to move salaries for these employees to the Worker's Compensation Fund, thus freeing up funding in the affected departments' budgets to backfill the vacancy. With the recent implementation of a light duty program, the amount needed to support this program for FY 15 was undetermined at the time of the budget preparation. As such, staff did not include a budget for this line item in FY 15 with the understanding that sufficient funds exist within the budget to cover the cost until this mid -year adjustment could be brought to City Council. Upon review of the actual cost in the first six months, an appropriation of $200,000 from the Worker's Compensation Fund is needed for this program. • The Worker's Compensation Fund is in need of an appropriation of $60,000 for costs associated with the Industrial Disability Retirement (IDR) Medical /Legal Evaluation program. The City has the legal authority to decide whether a safety employee qualifies for an IDR under CalPERS law. In late 2013, staff implemented a program to require all employees who apply for IDR to undergo a PERS medical evaluation which resulted in a reduction of the number of approved IDR's. Staff is requesting funding for the continuation of this program in the Worker's Compensation Fund. • The Accrued Liability Fund is used to pay for costs associated with retirees as well as to reserve funds for future retirement costs (PERS). At City Council direction, $4.0 million has previously been set aside in this fund for future PERS cost increases, with an additional $1.5 million proposed as part of this mid -year report. In addition to the one -time allocations, ITEM 5 2/10/15 contributions to this fund are made through payroll allocations for the purpose of providing funding for benefit expenses related to an employee who retires from the City. Due to an unexpected number of employees who recently retired from the City, the amount budgeted for FY 15 is insufficient to cover these expenses. Staff is requesting an appropriation of $317,000 from the Accrued Liability Fund (760) to cover this cost. In addition, staff is anticipating similar conditions in future years, therefore staff will be proposing an increase to the payroll deduction starting in FY 16 to support these increased costs. Fiscal Year 2015 -2016 Although the economy continues to show signs of recovery, we continue to experience instability in the global economies and falling oil prices. Despite these factors, our initial analysis suggests that the City of Orange will continue on a positive upswing with a General Fund revenue estimate for FY 16 at $101.9 million, which represents a 4.4% increase compared to our estimated revenue for FY 15. This increase reflects an additional $3.5 million or 8.8% increase in sales tax revenue as a result of our business efforts and strong performances by the Outlets of Orange, our automotive dealerships, and the business to business sector. Property tax revenue is projected to increase 1.9 %, or $451,000, because homes will continue to be assessed with annual increases in their property taxes. Motor vehicle license fees and transient occupancy tax are also anticipated to increase. A more detailed analysis of projected revenue will be provided at an upcoming budget study session. Preliminary expenditure estimates are at $101.5 million, $5.5 million more than the FY 15 budget, primarily due to an estimated $2.0 million increase in PERS. In addition, FY 16 will be the first full year of funding for economic development incentive agreements executed in 2014 at an expected cost of $2.0 million. Also included is an increase to the allocation to the Worker's Compensation, Vehicle Maintenance, and Accrued Liability Funds and a slight increase to salaries and benefits from an anticipated merit increases. As budget preparations continue and budget amounts are finalized, staff will return to City Council during the upcoming study sessions with more accurate estimates. 8. ATTACHMENTS Resolution No. 10839 ITEM 6 2/10/15 RESOLUTION NO. 10839 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE AMENDING RESOLUTION NO. 10763 BETWEEN THE CITY OF ORANGE AND THE ORANGE MUNICIPAL EMPLOYEES' ASSOCIATION WHEREAS, the City of Orange, hereinafter referred to as "City," and the Orange Municipal Employees' Association, hereinafter referred to as "OMEA" has an existing labor contract (i.e., "Memorandum of Understanding" or "MOU ") in effect through June 30, 2015; and WHEREAS, the Business License Inspector position #329 -001 is being proposed by City staff for a reclassification to Lead Business License Inspector effective February 22, 2015; and WHEREAS, the classification of Lead Business Inspector needs to be established with a commensurate salary range within the OMEA MOU; and WHEREAS, the new salary range for this classification must be authorized by the City Council and published by the City in order for the salary range to be considered pension - reportable, pursuant to CaIPERS law; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Orange that the attached updated OMEA salary table effective June 29, 2014 is amended, effective February 22, 2015, with the new classification of Lead Business License Inspector incorporated by reference as Exhibit "A." ADOPTED this 10th day of February 2015. Teresa E. Smith, Mayor of the City of Orange ATTEST: Mary E. Murphy, City Clerk of the City of Orange