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HomeMy WebLinkAboutSR - RES-10946 - FY 2016-17 BUDGETAGENDA ITEM , 4 June 14, 2016 C�UN CP TO: Honorable Mayor and Members of the City Council FROM: Rick Otto, City Manager Reviewed/Verified By: City Manager Finance Director To Be Presented By: City Manager _Cons. Calendar _City Mgr. Reports _Council Reports _Legal Affairs _Boards /Cmtes. _X Public Hearings Admin Reports _Plan/Environ. 1. SUBJECT Proposed Fiscal Year 2016 -2017 (FY17) City of Orange Budget and Seven Year Capital Improvement Plan including approval of recommended personnel actions. 2. SUMMARY Each spring, the City staff presents to the City Council an Annual Budget that serves as the City's financial and operational plan for the upcoming fiscal year. This budget document is prepared following two City Council study sessions in which various aspects of the proposed budget were considered and Council direction was given. 3. RECOMMENDATION For Fiscal Year 2016 -17 At the conclusion of the public hearing, five action items are recommended to adopt the FYI 7 Budget. These are: 1. Approval of Resolution No. 10948 adopting the Budget for Fiscal Year 2016 -17; 2. Approval of Resolution No. 10949 adopting the Gann Appropriations limit of $165,123,101 for Fiscal Year 2016 -17; 3. A motion making a finding that the portion of the Fiscal Year 2016 -17 Budget subject to the Gann limit is $94,184,429, and therefore within the limit; 4. Approval of Resolution No. 10946 relating to the classification, compensation, and terms of employment of Executive Directors and Top Management Employees, and repealing Resolution No. 10904 and amendments thereto and to include the new salary range for Financial Analyst as follows: on Class Title Range Step A Step B Step C Step D Step E Step F Financial Analyst 556 5709 6000 6306 6628 6966 7321 ITEM 6/14/16 5. Approval of Resolution No. 10947 amending Resolution No. 10923 between the City of Orange and the Orange Management Association (OMA) to include the new salary range for Payroll Specialist effective July 1, 2016 as follows: Class Title I Range Step A Step B Step C Step D Step E Step F Payroll Specialist 1 536 5167 5430 5707 5998 6304 6626 4. FISCAL IMPACT Fiscal Year 2016 -17 Adoption of the annual budget establishes the City fiscal plan for the year. 5. STRATEGIC PLAN 2a. Expend fiscal resources responsibly; 2b. Analyze future fiscal needs and potential revenue opportunities; and 2c. Provide appropriate reserves. 6. DISCUSSION and BACKGROUND Fiscal Year 2016 -17 Subject to testimony received this evening at the noticed public hearing, adoption of the FY17 Budget and related documents will insure that the City has established a set of legally adopted appropriations, met all the requirements of the Gann Initiative, and complied with the Measure M and Transportation Congestion Relief Fund (TCRF) funding requirements (Maintenance of Effort) of a Seven Year Transportation Capital Improvement Plan. The FY17 budget represents the City's spending plan for the coming fiscal year, which will begin on July 1, 2016 and ends June 30, 2017. In preparing the FY17 budget, the City Council conducted two study sessions to discuss various aspects of the proposed budget. During these discussions, the City Council deliberated extensively regarding methods to balance the FY17 budget while also recognizing the need to continue to restore the City's General Fund budget and establish a solid financial position. Through the leadership of the City Council, the resulting budget document has been developed in a collaborative manner that included involvement from all City departments. The result is a proposed FY17 General Fund Budget that is balanced using a combination of past operational budget reductions, savings from frozen positions, and the continued oversight of department spending. The FY17 budget also includes personnel actions adjusting certain positions that are needed to maintain optimum services levels. The attached Budget Message provides in detail how we are able to present a balanced budget for FY17. The budget presented at this Public Hearing is an abbreviated version of the complete budget package, but contains all of the information and attachments required for adoption. As such, the essential elements that are included and required for adoption of the FY17 Budget are: • Budget Resolutions • Budget Message • Selected Budget Worksheets ITEM 6/14/16 2 o Fund Balances o Transfers • Revenues and Expenditures • Frozen Positions • Recommended Staffing Changes • Schedule of Positions • Carryovers • Successor Agency (Redevelopment Agency) Debt Issues • Capital Improvement Projects for FYI Budget Workplans for FYI Seven -Year Capital Improvement Plan (Separate Binder) 7. ATTACHMENTS • Resolution No. 10948 • Resolution No. 10949 • Resolution No. 10946 • Resolution No. 10947 • Budget Message • Selected worksheets for the Proposed FY17 Budget Historical Summary of Revenues and Expenditures by Fund Type Schedule of Changes in Fund Balance Schedule of Transfers Historical Schedule of Revenue Sources by Fund Schedule of Revenues Sources - Detail Summary of All Fund Expenditures by Department Historical Schedule of Expenditures by Fund Summary of General Fund Expenditures by Department Schedule of All Fund Expenditures by Department Listing of Frozen Positions Schedule of Recommended Staffing Changes Schedule of Positions - Citywide Summary and by Department Schedule of Operating Carryover Appropriations Successor Agency Debt Issues Schedule of New Capital Improvement Funding by Fund • Workplans for FYI 7 • Seven -Year Capital Improvement Plan ITEM 6/14/16 3