Fiscal Note
The proposed resolution amends the 2017 Adopted Operating Budget in order to make technical adjustments within various agency budgets. In certain instances, the Adopted Operating Budget includes funding for expenditures centrally with the anticipation of transferring those funds to agency budgets throughout the year when actual spending patterns are known. This is the case for both sick leave escrow and carry forward encumbrances; the amounts proposed in the midyear appropriation adjustment are based on actual expenditures through the first half of 2017. All of the proposed adjustments through this resolution are net neutral within the General Fund and have no impact on the Expenditure Restraint Program.
Sick Leave Escrow
The 2017 Adopted Operating Budget includes $1,938,628 for sick leave escrow payments made from the General Fund. Through the 2nd Quarter $2.2m has been paid out by General Fund agencies. The resolution recommends transferring funds only to those agencies where the sick leave escrow amount is contributing to a deficit within the agency’s budget.
Fire: 613,027
Police: 512,890
Streets : 207,380
Traffic Eng: 268,479
Parks: 191,514
Direct Appropriations: (1,793,290)
Net GF Impact: $0
Carry Forward Encumbrances
The 2017 Adopted Operating Budget includes $400,000 for encumbrances associated with contracts that span multiple years, the total amount carried forward from 2016 totals $334,236. The balance of the budget for carry forward encumbrances ($65,764) will be transferred
to the Contingent Reserve.
Finance: 5,454
IT: 16,731
Mayor: 19,500
Fire: 10,263
Police: 8,393
Engineering: 7,202
CDD: 103,814
PCED Director: 711
Planning: 162,168
Direct Appropriations: (334,236)
Net GF Impact: $0
Miscellaneous Adjustments
The Treasurer’s Office requires an additional $200,000 for bank and credit card charges. The projected deficit is related to the allocation of these charges across enterprise funds for their portion of the services. This transfe...
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