Loading...
HomeMy WebLinkAbout2014-06-03; City Council; 21623; 2014-15 Preliminary Budget WorkshopCITY OF CARLSBAD - AGENDA BILL 16 21,623 AB# MTG. DEPT. FIN 06/03/14 Fiscal Year 2014-15 Preliminary Operating Budget Workshop DEPT. DIRECTOR CITY ATTORNEY jg^ CITY MANAGER ^g) RECOMMENDED ACTION: Accept report. Set public hearing for June 17, 2014. ITEM EXPLANATION: The Operating Budget workshop on June 3, 2014 is an opportunity for the City Council to review the Fiscal Year 2014-15 Preliminary Operating Budget. City staff will be making presentations and will also be available to answer questions. The Preliminary Capital Improvement Program was presented to the City Council at the May 20, 2014 City Council meeting. In addition to these meetings, a Citizens Budget Workshop will be held on Thursday, June 5, 2014 at 6 00 p m. at the Faraday Center, 1635 Faraday Avenue, Room 173B, to provide the public with an opportunity to discuss the Operating Budget and Capital Improvement Program with staff. The public hearing and adoption of the FY 2014-15 Operating Budget and Capital Improvement Program is scheduled forthe June 17, 2014 City Council meeting. 2014-15 BUDGET OVERVIEW: The operating budget for Fiscal Year 2014-15 was prepared against the backdrop of an Improving economy and an apparent exit from the Great Recession. In previous years, the city has streamlined department budgets and reduced staffing to minimal levels, focusing cuts on areas that will minimally effect service levels to our citizens. This budget continues to be fiscally prudent, but shifts from cost cutting to strategic investment of resources in functional areas that will allow the city to provide greater levels of service to the community in the future. The FY 2014-15 operating budget provides funding and sparse increases in staffing in areas that are key in moving us forward. In preparing the FY 2014-15 operating budget, citywide departments were offered guidance on the preparation of their individual budgets. The budget process continues to emphasize efficiency and fiscal prudence, but also asked departments to identify functional areas that were key to meeting the developing needs of the City of Carlsbad. The following objectives for FY 2014-15 were established in line with conservative estimates for future revenue growth: DEPARTMENT CONTACT: Helga Stover 760-602-2429 helaa.stover(a)cadsbadca.gov DENIED CONTINUED WITHDRAWN AMENDED FOR CITY CLERKS USE ONL Y. COUNCIL ACTION: APPROVED J8^ • • • • CONTINUED TO DATE SPECIFIC • . CONTINUED TO DATE UNKNOWN • RETURNED TO STAFF • OTHER - SEE MINUTES • Page 2 • Continue to provide excellent services to our residents. • Provide adequate staff resources to meet community priorities. • Allow departments to meet escalating costs by providing a modest 2 percent increase for maintenance and operations. • Exercise prudence in budgeting, consider cost containment measures and set discretionary budgets at minimum levels. • Adjust departmental utilities budgets to meet actual,escalating costs. The Carlsbad economy has been improving and, with the addition of hotel, retail and commercial projects, as well as a strengthening regional economy, revenues are trending upwards, particularly in city sales and hotel tax revenues. The real estate market appears to be in full recovery, and the national and regional economic outlook is for continued slow growth. Despite these positive trends, continued challenges include inflation, higher taxes, state and federal challenges, and unknown implications of regulatory changes, such as those associated with the implementation of the Affordable Care Act. Responsible management of the city's resources includes maintaining a focus on a sustainable future by ensuring the city remains in good financial health, as today's decisions will impact future spending levels. Although the city is entering the new fiscal year in a solid financial position, future economic challenges remain. City staff continues to monitor local, state and federal economic forecasts and routinely updates a ten-year forecast for the General Fund in order to gauge the effects of today's actions on the city's future. The Preliminary Operating Budget assumes that overall General Fund revenue will increase by approximately 3.4 percent in FY 2014-15 compared to the previous year's projected revenue. The Preliminary Operating Budget for FY 2014-15 totals $227.1 million citywide, which represents an increase of $12.3 million, or 5.8 percent, as compared to the FY 2013-14 Adopted Budget. Operating revenues are estimated at $232 million, which is about a $7.5 million, or 3.4 percent, increase over the current year's projections. The recommended General Fund Operating Budget Is $124.5 million, with estimated revenues of $127.3 million. This is a 3.4 percent increase in the estimated General Fund revenues as compared to the projected FY 2013-14 revenues, and a 4 percent increase in General Fund budgeted expenditures compared to the FY 2013-14 adopted budget. General Fund Estimated Revenues - The majority of the city's General Fund revenues come from taxes In the upcoming year, it is expected that property tax revenue will be approximately $51 6 million. This is an increase of 3.2 percent from the revised FY 2013-14 projections. This is based on Improving assessed valuations, as provided by the County Assessor in May 2014. Sales tax revenues generally move in step with economic conditions and have improved markedly over the past two years (8.1 percent in the last two years). The city's sales tax base is heavily weighted in the transportation and retail sectors. New auto sales, which comprise approximately one-quarter of city sales tax revenue, have exceeded pre-recession levels and hit an all-time high in the last quarter of 2013. City sales tax revenues are expected to increase by approximately 2 percent in FY 2014-15, contributing $31.7 million to the General Fund. New retail additions in Carlsbad, such as La Costa Town Square, will add to the sales tax base and the city will continue to benefit from recent additions, such as the Legoland Hotel and Lowe's, which opened in fall 2013. Page 3 The FY 2014-15 revenues for Transient Occupancy Taxes (TOT) are estimated at $16.5 million, an increase of 3 percent compared to FY 2013-14 estimates. TOT has increased by over 40 percent since FY 2010-11, as new hotels, such as the Legoland Hotel and the Hilton Carlsbad Oceanfront Resort & Spa have opened in the past years. Franchise taxes are estimated at $5 million for FY 2014-15, an increase of 2.2 percent over the FY 2013-14 projections. This increase can be attributed to Consumer Price Index (CPI) growth and population growth. Development Revenues are expected to increase by almost 20 percent in FY 2014-15, as a result of increased projections for industrial and commercial development, and the anticipation of some larger remodel and refurbishment projects, such as Westfield Cadsbad. Development Revenues are estimated to be $2.5 million in FY 2014-15, as compared to $2.1 million projected for FY 2013-14. General Fund Budgeted Expenditures - The General Fund contains most of the discretionary revenues that fund basic core city services. The recommended General Fund Operating Budget is $124.5 million, which represents a $4.8 million, or 4 percent, increase as compared to the FY 2013-14 Adopted Budget. Personnel cost increases are due to additional staff for Alga Norte Park operations, anticipated increases in health insurance rates, higher retirement rates as projected by CalPERS, and previously negotiated wage increases. Maintenance and Operations increases include department operating requests, utility increases which have been on the rise over the past few years, a 2 percent allowance for overall rising costs, and other increases for items such as contractual services. A few expenditures are discussed in more detail below: Position Changes A net increase of 3.0 full-time positions is reflected in the FY 2014-15 Preliminary Operating Budget, as compared to the FY 2013-14 Adopted Budget. These position additions resulted in an approximate citywide personnel increase of $278,400 forthe coming year. The FY 2014-15 Preliminary Operating Budget includes the elimination of the following 8 full- time positions: 1.0 Administrative Secretary 1.0 Engineering Technician 1.0 Office Specialist II 4.0 Parks Maintenance Worker II (mid-year) 1.0 Tree Trimmer Lead Worker (mid-year) The FY 2014-15 Preliminary Operating Budget includes the addition ofthe following 11 full-time positions: 1.0 Business Systems Specialist 1.0 Code Compliance Specialist 11 1.0 Facilities Manager (limited term to permanent) 1.0 Fire Marshall 1.0 Housing Assistant -2 Page 4 1.0 Management Analyst (non General Fund) 1.0 Office Specialist II 1.0 Secretary 1.0 Senior Applications Analyst (mid-year) 1.0 Training Coordinator 1.0 Traffic Systems Operator The net increase in hourly staff totals 7.19 FTE. This increase is due to the following: Additions: Eliminations: 5.58 Alga Norte Park 1.75 Office Assistants 1.00 Building Internship Program 0.30 Technical Assistant 0.50 Community Outreach & Engagement 2.16 Property & Environmental Mgmt. These changes result in a city workforce of 670.75 full and three-quarter time employees, and 157.77 hourly, full-time equivalent positions. New Facilities - As the city completes capital projects, the cost of maintaining and operating the facilities, including additional personnel if necessary, are added to departmental operating budgets. Funding has been added to the Parks & Recreation Department and to the Property & Environmental Management Department budgets to operate and maintain Alga Norte Park, which opened to the public in January 2014; the FY2013-14 budget included funding for only part of the prior fiscal year. Funding for operating the concessions at Alga Norte Park was added to the FY 2014-15 Parks & Recreation Department budget; previously it was not known whether or not this service would be managed externally or internally with department staff. These positions are related to concessions and rentals which are revenue generating activities. Capital Outlay - There are two major capital outlay purchases (greater than $10,000) planned in the General Fund for FY 2014-15: . Three Cardiac Monitors ($100,344 in total) . Vehicle for Community Relations Manager ($28,620) Other Budget Requests - The FY 2014-15 Preliminary Operating Budget also includes the following transfers to other funds: . $8,302,000 million to the Infrastructure Replacement Fund for major maintenance and replacement of city infrastructure. This represents 6.5 percent of the General Fund Revenues, the same as the percentage transfer for FY 2013-14. . $251,962 to the Storm Water Program for reimbursement for the General Fund portion of Storm Water expenses. . $539,000 to the Median Maintenance and Street Tree Maintenance Special Revenue Funds to cover cash shortfalls, as annual assessments collected from property owners do not cover annual operating expenditures. • $1,031,240 to the city's municipal golf course for debt service. 4 Page 5 Finally, the Contingency is budgeted at 1.2 percent of the General Fund Operating Budget, or $1.5 million, for FY 2014-15, which is equal to the FY 2013-14 Adopted Budget. This resource is available to the City Council to address unanticipated emergencies or unforeseen program needs throughout the year. Other Funds - Enterprise Fund revenues, including Water, Wastewater Services and Solid Waste Management, are projected at $71.8 million, an increase of $2.6 million, or 3.8 percent, over current year projections. The budgeted expenditures are estimated at $68.8 million for FY 2014-15, which is an increase of $2.9 million, or 4.4 percent, over the FY 2013-14 Adopted Budget. The most significant change in Water Operations is due to the estimated increase in the cost of water purchased from the San Diego County Water Authority (5 percent increase in fixed and variable costs). The Operating Budget also includes funding for depreciation replacement transfers related to growth and aging of the water infrastructure system. Wastewater operations are projected to increase 10.7 percent, or $1.2 million, of the total $2.9 million overall increase in Enterprise funds. This increase in the operating budget is primarily due to an increase in the depreciation replacement transfer to reflect an adjustment made to the city's share of the Encina treatment plant assets. Other increases were seen in utility costs, and parts and supplies related to infrastructure asset maintenance. Golf Course operations are expected to remain relatively flat for FY 2014-15. Revenues from Special Revenue Funds at $10.6 million are relatively flat when compared to FY 2013-14. While there are several Special Revenue funds with fluctuations from year to year, the most significant decrease is in funding in CDBG grant funding. The types of items supported within special revenue funds include grants, donations, special fees, and assessments. Revenues do not always match expenditures in a given year due to timing differences related to the receipt of grant and donation funding. The budgets for the Redevelopment Obligation Retirement Funds (RORF) budgets total $1.3 million, with no change from the previous fiscal year. More information regarding all of the city's projected revenues and Operating Budget recommendations can be found in the attached exhibits. FEES AND CHARGES FOR SERVICES One of the City Council's goals is to annually evaluate fees and charges for services. A Cost of Service Study was updated in FY 2012-13 to verify that fees don't exceed the cost of providing the service. This study is updated every two years, so during FY 2014-15 it will be updated and changes will be reflected in the FY 2015-16 Operating Budget. Staff has reviewed all of the fee schedules and is recommending the changes as shown in Exhibit 6, and further discussed below. GENERAL CITY FEES These are fees charged for the usage of city services and property, such as rentals. These fees are increased annually by the increase in the annual West Urban Consumer Price Index (CPI) published by the Bureau of Labor and Statistics, which reflects the cost of inflation. The one year change in CPI is 1.48 percent. In addition to the general increase mentioned and Page 6 changes that were the result of the updated Cost of Service Study, there were increases to bring fees up to the current actual cost of the service provided. The following fees are proposed to change for FY 2014-15: New Fees: • Parks - Major Trail Plan Check >1 Mile - $1,400. This fee is part of the Cost of Service Study and is currently being charged. It is just being added to the Master Fee Schedule. • Parks - Minor Trail Plan Check <1 Mile - $700. This fee is part of the Cost of Service Study and is currently being charged. It is just being added to the Master Fee Schedule. • Parks - Trails Inspection - $300. This fee is part of the Cost of Service Study and is currently being charged. It is just being added to the Master Fee Schedule. Increased Fees: Paramedicine Pilot Program: Beginning January 1, 2015, Carlsbad will be participating in a state program designed to enhance customer service and potentially save a patient money by transporting the patient to a facility (either a different hospital that is part of their insurance plan, or another type of facility, such as Urgent Care) that is able to offer the appropriate treatment, at a lower cost. The charge for transporting the patient is the same; the end destination may be different. Ambulance Transport - Community Paramedicine BLS - Resident - $938.26 Ambulance Transport - Community Paramedicine ALS - Resident-Plus Level I or Level II Supplies & Medications - $1,150 Ambulance Transport - Community Paramedicine - Level I Supplies and Medications - $125. Ambulance Transport - Community Paramedicine - Level II - Supplies and Medications - $250. Trash Removal - Waste Management increased these pass through fees on January 1,2014. Ambulance Fee - Advanced Life Support 1 - Resident - Plus Level I or Level II Supplies and Medications - $1,150. Ambulance Fee - Advanced Life Support 1 - Non-Resident - Plus Level I or Level II Supplies and Medications - $1,250. Ambulance Fee - Advanced Life Support 2 - Resident - Plus Level II Supplies and Medications-$1,250. Ambulance Fee - Advanced Life Support 2 - Non-Resident - Plus Level II Supplies and Medications-$1,350. Ambulance Fee - Advanced Life Support I - Assessment increasing from $156.38 to $200. Ambulance Fee - Mileage Charge per mile increasing from $17.72 to $23. Ambulance Fee - Oxygen Charge increasing from $67.76 to $75. Page 7 Decreased Fees: • Police Report Copy Fee (Free to Victim) plus cost of reproduction from $16 to $10 • Community & Economic Development - Certificate of Compliance in Lieu of Parcel Map from $3,580 to $3,000. Fees to be removed from Master Fee Schedule: • Library Facility Fees and Schulman Auditorium AudioA/ideo Fees will be moved off the Master Fee Schedule and placed in a department publication. • Ambulance Fee Supplies Charge - Actual cost plus 30 percent is being replaced with a bundled supplies charge. DEVELOPMENT RELATED SERVICE FEES These are fees charged to recover the cost of staff time and materials spent on development related activities. Annually, Development Related Service Fees are increased by an index stated in the respective resolution or ordinance establishing the fee. An annual review is conducted to ensure that the fees being charged do not exceed direct and indirect costs of providing the service. The Cost of Service Study is available from the Finance Department upon request. For FY 2014-15, Development Related Service fees will be increased by the one year change in the associated index. Other fee changes are discussed below: New Fees: • Community & Economic Development - Non Conforming Permit - $697 • Building Valuation Multipliers schedule has always been used but is now being added to the Master Fee Schedule. Deleted Fees: The following fees are being removed due to amendments to the municipal code: Community & Economic Development - Administrative Permit - lODA Community & Economic Development - Daycare Permit - Center Admin Pmt Community & Economic Development - Daycare Permit - Extension Community & Economic Development - PD/Condo - Minor Amendment Community & Economic Development - Planned Industrial Permit Community & Economic Development - Planned Industrial Permit - Amendment n Page 8 Development Related Service Fees that are increasing: • Fish and Game Fee - EIR - is increasing from $3,045.25 to $3,079.75. This fee is set by state statute and is a pass through fee. • Fish and Game Fee - Negative Declaration - is increasing from $2,206.25 to $2,231.25. This fee is set by state statute and is a pass through fee. • Street Light Energizing Fees - will be increasing due to the induction rate charged by San Diego Gas & Electric. DEVELOPMENT IMPACT FEES These fees are used to recover the cost that growth will have on city infrastructure. These fees will be increased by the index stated in the respective resolution or ordinance establishing the fee, typically the Engineering News Record (ENR) construction cost index. ENVIRONMENTAL IMPACT: Pursuant to Public Resources Code Section 21065, giving a presentation on the preliminary operating budget does not constitute a "project" within the meaning of CEQA in that it has no potential to cause either a direct physical change in the environment, or a reasonably foreseeable indirect physical change in the environment, and therefore does not require environmental review. EXHIBITS: 1. Fiscal Year 2014-15 Preliminary Operating Budget (Overview) 2. Operating Funds, Projected Fund Balances for FY 2013-14 and FY 2014-15 3. Operating Funds, Revenue Estimates for FY 2012-13 through FY 14-15 4. Operating Funds, Budget Expenditure Schedule FY 2011-12 through FY 2014-15 5. Personnel Allocation Schedule FY 2012-13 through FY 2014-15 6. Proposed Fee Changes - FY 2014-15 The Preliminary Operating Budget and Capital Improvement Program for Fiscal Year 2014-15 is on file with the City Clerk. ^ CIT¥ Of CARLSBAD Exhibit 1 CITY OF CARLSBAD 2014-15 PRELIMINARY BUDGET Carlsbad Is a full-service city providing the following: • Police department • Fire department, including paramedic • Water delivery system • Sewer system • Solid waste services • Housing programs Development services Street construction and maintenance Library and arts programs Recreation programming for all ages Park lands Municipal golf course School Programs and facilities are provided by four different school districts located within the city boundaries. Although the City Council has no direct control over these school districts, the Council recognizes the importance of quality school facilities and programs to Carlsbad's residents. The Council has worked closely with the schools in the past, and staff continues to meet with them on a regular basis. BUDGET PROCESS At the beginning of each year, the City Council meets to develop goals that help city staff prioritize programs, projects and services, as well as the resources required to fund them. Based on this direction, and input received at public workshops, city staff finalizes the overall city work plan, and the City Council approves a budget for the fiscal year. City of Carlsbad Community Vision Small town feel, beach community character and connectedness Enhance Carlsbad's defining attributes—its small town feel and beach community character. Build on the city's culture of civic engagement, volunteerism and philanthropy. Open space and the natural environment Prioritize protection and enhancement of open space and the natural environment. Support and protect Carlsbad's unique open space and agricultural heritage. Access fo recreation and active, healthy lifestyles Promote active lifestyles and community health by furthering access to trails, parks, beaches and other recreation opportunities. The local economy, business diversity and tourism Strengthen the city's strong and diverse economy and its position as an employment hub in north San Diego County. Promote business diversity, increased specialty retail and dining opportunities, and Carlsbad's tourism. Walking, biking, public transportation and connectivity Increase travel options through enhanced walking, bicycling and public transportation systems. Enhance mobility through increased connectivity and intelligent transportation management. Sustainability Build on the city's sustainability initiatives to emerge as a leader in green development and sustainability. Pursue public/private partnerships, particularly on sustainable water, energy, recycling and foods. History, the arts and cultural resources Emphasize the arts by promoting a multitude of events and productions year round. Cutting edge venues to host world class perfomiances, and celebrate Carlsbad's cultural heritage in dedicated facilities and programs. High quality education and community services Support quality, comprehensive education and lifelong learning opportunities, provide housing and community services for a changing population, and maintain a high standard for citywide public safety. Neighborhood revitalization, community design and livability Revitalize neighborhoods and enhance citywide community design and livability. Promote a greater mix of uses citywide, more activities along the coastline and link density to public transportation. Revitalize the downtown Village as a community focal point and a unique and memorable center for visitors, and rejuvenate the historic Barrio neighborhood. A-1 9 Exhibit 1 The Carlsbad City Council has set a vision to make Carlsbad a truly world class city by fulfilling the core values outlined in the community's vision of the future, with a particular emphasis in several strategic areas of focus. In 2014-15, the city organization will continue to adapt to changing needs and expectations by being adaptable, responsive and efficient, delivering the most cost effective, high quality services and retaining a highly trained, flexible and responsive staff. Given the importance of a strong local economy, the city will continue its work to create jobs by attracting talent to Carlsbad and helping existing business to thrive. In the coming year, the city is on track to complete its General Plan update, adapting city land use policies to address population and demographic trends while maintaining the city's high standards and quality of life. The city will also complete its parks and recreation needs assessment, charting a course for the future development of parks, community centers and recreational services. Carlsbad streets will continue to evolve to accommodate and encourage all modes of transportation, not just cars. And, the city will maintain a strong focus on fostering the next generation of community leaders through programs, training and engagement opportunities at all levels of city government. Carlsbad's operating budget is a tool that guides the achievement of Council's vision, goals, and priority projects for the city. The budget allocates resources to city programs in accordance with priorities established by residents and the Council. Thus, it Is an integral part of making Cadsbad a wonderful community in which to live, work and play. In addition, the budget is fiscally conservative and balanced, and provides a blueprint to effectively sustain the community and essential city services far into the future. ECONOMIC PROFILE ^ I The US economy is sputtering towards *. f recovery, as indicators show signs of very 1 modest improvement. In April 2014, the Bureau I of Economic Analysis released an initial I estimate of gross domestic product (GDP), I which indicated an anemic growth rate of one- I tenth of one percent. Fourth quarter GDP . — . ^ showed growth of 2.6 percent for the country. i However, economists believe that economic ' « , tv , , t. « . , » ,v . .• *i w . I activity in these quarters, as measured by GDP, % mo mi mt MU MUI was stifled by unusually harsh weather ; ,tlI conditions experienced in many areas of the v.M.nMWHM United States and drought conditions persisting in the southwestern US. The unemployment rate fell to 6.3 percent in April, an improvement over the 7.4 percent rate for 2013. Nonfarm payroll increased by 288,000 in April, and February and March saw relatively strong growth in employment of over 200,000 per month. The UCLA Anderson forecast, released in April, predicts that GDP will grow at 3 percent through 2016 and that the unemployment picture will continue to improve, dropping to 5.4 percent by late 2016. UCLA economists expect inflation to raise modestly, to 2.5 percent in 2016, and that the Federal Funds rate will increase to 3 percent by the end of 2016. Nationally, the housing market is cooling slightly, as indicated in the most recent Case-Shiller data for the twelve months ending in February. Compared to the year ending January 2014, the index indicated that home prices fell a very modest one-tenth of one percent. According to David M. Blitzer, Chairman of the Index Committee, "the annual rate cooled the most we've seen in some time." Housing start remained under one million for 2013, but are expected to grow to almost 1.5 million in 2015, and is then expected to plateau as mortgage rates increase to over 6 percent, following inflation and Federal Reserve actions. Ill llllll .ill A-2 ID Exhibit 1 The national economy should continue a modest expansion over the next few years, as businesses and consumers increase consumption. The rising stock prices witnessed in 2013 (the S&P index rose by 26 percent during the year) should excite consumer spending and take pressure off retirement accounts and corporate spending is also likely to increase, as businesses replace aging capital equipment. The California economy continues to improve, marginally, although the effects of the drought may have some minor negative effects on the recovery, particulady in employment. According to Bureau of Labor Statistics (BLS) data, the employment picture has improved over the past years, as preliminary number for March indicate that the unemployment level has dropped to 8.1 percent (keep in mind that the state reached an unemployment rate of 12.3 percent in 2010). The state's unemployment rate is not expected to dip to 6 percent until 2016, according to the Anderson Forecast. While the state economy and employment pictures improve, California is still an economically bifurcated state. In the western portion of the state, employment gains have outpaced those at the national level. However, the inland counties have seen shrinkage in government and construction sectors, which continue to put a drag on a slow recovery. Home prices show positive signs in coastal California, compared to the national averages. The most recent Case- Shiller Home Price Index indicated an overall year-over-year increase of 12.9 percent for February. However, Los Angeles, San Diego, and San Francisco all topped 18 percent rates of increase, and DataQuick indicates that median prices in California climbed to $376,000 in March, an increase of 20.1 percent compared to last year. However, the number of homes sold in March reached the lowest level (24,565) since 2008. Construction activity, both residential and non-residential, are expected to grow through 2016, as are taxable sales. San Diego County shows improvement in unemployment and home prices. The unemployment rate hit 6.9 percent in March, an improvement from 7.8 percent, last year. The county added 32,600 jobs over the year ending in March, but many of these jobs were created in lower-paying sectors, such as leisure and hospitality. As Marney Cox, chief economist for the San Diego Association of Governments (SANDAG) points out, "It will be another mediocre year [2014]. Nothing substantial." San Diego's economy is also predicted to suffer from military cutbacks, which will negatively impact tourism and taxable sales. Home prices continue to rise in San Diego County. According to DataQuick, the median price for a residence rose by almost 12 percent (to $426,000) In March, compared to a year ago. The Case-Shiller Home Price Index indicates that San Diego has some of the highest price appreciation in the nation with a year-over-year increase of almost 20 percent in February. Monthly appreciation (February over January) was more 1 percent. Sales volume fell by almost 19 percent in March, compared to the prior year. Residential building permits increased by 46 percent in 2013, the strongest showing since 2006, with much of the increase in multi-family residential. Index of Leading Economic Indicators San Diego County, 2009 - 2013 The chart reflects historical movement in the USD's Leading Economic Indicators. The index, which measure local stock prices, help wanted advertising, and other pertinent metrics, turned mildly negative (-0.2 percent) in the last month of 2013. Carlsbad's economy is tied closely to that of the San Diego region. For FY 2013-14, property taxes decreased by 2.5 percent compared to the prior year, primarily due to one-time revenues received from the A-3 Exhibit 1 dissolution of the Redevelopment Agency In FY 2012-13. Transient Occupancy Tax (TOT), a gauge of the health of local tourism, is expected to end FY 2013-14 with a 13.4 percent increase over last year, due to the additional room inventory and improving occupancy and daily rates. Sales tax revenues are expected to end FY 2013-14 with an increase of 6.2 percent due to the continuing strength in retail and auto sales. Overall, General Fund revenues are projected to decrease by less than one percent compared to the prior fiscal year, but will increase substantially (3.4 percent) in FY 2014-15. Median SFR Home Prices Housing prices in Carlsbad are following national, state and regional trends. Data on single family residence (SFR) sales from DataQuick indicate that the median sales price increased to approximately $720,000 In the first quarter of 2014, an increase of over 10 percent compared to the same quarter in 2013. According to Movoto, inventory of units for sale have increased in Carlsbad, from 255 units in April 2013 to 337 units for sale, this April. The total assessed values in the city are close to $24 billion, an increase of 1.9 percent compared to the prior fiscal year (FY 2012-13). According to recent growth projections prepared for the city, Carlsbad will add 920 residential units over the next five fiscal years. 900 800 700 •S 600 I 500 i 400 JE 300 200 100 0 2006 2007 2008 2009 2010 2011 Fiscal Year 2012 2013 2014 From 1992 to 2008, commercial and industrial development in Carlsbad averaged approximately 1.1 million square feet per year. As opportunities for new development diminish, commercial and industrial development is tapering off, falling to an average of approximately 162,000 square feet per year over the next five fiscal years. Large industrial and commercial developments in the next five years include Carlsbad Raceway and Palomar Forum, Dos Colinas Retirement Community, and the Floral Trade Center. Commercial office space vacancy has witnessed a decline over the past several years, falling from over 30 percent in the last quarter of 2009 to just under 20 percent in the first quarter of 2014. Industrial vacancy fell to 10.1 percent from 12.4 percent, last year. Commercial development has brought much needed entertainment and shopping venues to citizens and visitors alike, as well as generating additional sales taxes to help pay for city services. Carlsbad is home to Car Country Carlsbad - an auto mall; the Carlsbad Premium Outlets - a specialty outlet center; Plaza Camino Real - a regional shopping mall; a Costco center; and the Forum at Carlsbad - a commercial center with upscale retail shops, restaurants and other commercial uses. A new Lowe's opened in fall 2013, and La Costa Town Square is scheduled to open in FY 2014-15. Development has also enhanced Carlsbad's reputation as a destination resort for tourism. The city is host to a major family theme park, Legoland, and has two luxury resorts available for its visitors, the Park Hyatt at Aviara and the La Costa Resort & Spa. There are also a number of other quality hotels and motels In the city, with the most recent additions being the Hilton Oceanfront Resort & Spa and the Legoland California Resort. The City of Carlsbad opened a municipal golf course in the summer of 2007 which has further enhanced the tourism attractions the city offers. The municipal golf course. The Crossings at Carlsbad, Is an 18-hole, destination golf course set in the rolling hills and canyons of Carlsbad. A-4 1^ Exhibit 1 With ocean views, high quality golf experience, a first class restaurant and clubhouse, and linkages to hiking trails. The Crossings at Carlsbad is a destination spot for golfers and non- golfers alike. it is the Council's goal to ensure that the city remains in good financial health, and there are a number of steps the city has taken to attain that goal. One of the steps is the Growth Management Plan. This plan was adopted by the citizens to ensure that all necessary public facilities were constructed along with development. It also ensures that a financing plan is In place to pay for the facilities prior to the development of the property. In addition to the Growth Management Plan, the city also prepares a long-term financial model for both the capital and operating needs of the city. With a growing city such as Carlsbad, it is imperative that we plan for the impacts ofthe economy, serving new development and operating new public facilities, as well as planning for capital needed to build them. Thus, the city prepares a ten-year operating forecast for the General Fund, and a 15-year Capital Improvement Program. As part of the Capital Improvement Program, the city annually calculates the amounts needed to pay for the various projects, and calculates the anticipated operating budget impacts. In this way, the city can anticipate the effects of development from both a capital and an operating perspective. One important initiative the city has undertaken to ensure its financial health is the development of an Infrastructure Replacement Fund. With this fund, the city sets aside a portion of General Fund revenues on an annual basis for major maintenance and replacement of its infrastructure. Much of the city's infrastructure is relatively new; thus, the city is just now experiencing the impact of maintenance requirements. By setting aside funds now, the citizens of Carlsbad can be assured that the proper maintenance and replacement, as needed, will be performed on streets, parks and many facilities for which the city is responsible. General Fund Revenues (Top 5) 120,000 tn 100,000 c _o 80,000 i 60,000 40,000 20,000 • I lil ^llliil""l •other Franchise • SDGE Franchise •TOT • Property Tax •Sales Tax 2006 2009 2012 Fiscal Year 2015e As national and local economic conditions begin to improve, Carlsbad is well positioned to reap the benefits of a diverse business composition. Over the past decade, the city has developed an economic base that attracts business, tourism, and retail consumers. The city hosts four regional shopping areas within its boundaries; an auto mall, a large regional mall, an outlet center, and a high-end retail center in the southern part of the city called The Forum. A strong tourism industry is served by Legoland and a host of resorts and hotels, as mentioned previously. All of these factors, combined with relatively stable property values, provide a strong revenue base to support the high level of city services for our residents. In FY 2014-15, the city is expected to generate almost $100 million, or 78 percent of General Fund revenues, from three main sources: property taxes, sales taxes, and transient occupancy taxes (TOT). Overall, for FY 2014-15, General Fund revenue is projected to increase by 3.4 percent from the previous year's estimates. Most major sources of tax revenue are expected to increase slightly in FY 2014-15, including property tax (3.2 percent increase), following several years of stagnant growth. Sales tax is expected to increase by 1.8 percent and TOT revenues are projected to increase by 3 percent as occupancy and average daily rates (ADR) increase and new hotels, A-5 Exhibit 1 such as LegoLand, continue to draw visitors. Home values are showing substantial appreciation, which is expected to improve assessed values in the coming years. Development related revenue items are forecast to increase modestly In FY 2014-15, due primarily to an increase in commercial and industrial activity, as compared to the previous fiscal year. State of California - In January, Governor Jerry Brown submitted a balanced budget to the California legislature. The combined effect of Proposition 30, passed in 2012 by California voters to authorize temporary increases in sales and income taxes, and the recovering economy have taken pressure off of the budget and allowed the state to bridge the sizable deficits experienced in prior years. The proposed budget for FY 2014-15 relies on projected revenues of 108.7 billion to cover $106.8 billion in expenditures. The budget also addresses the "wall of debt" that was built up by the state in eadier budget cycles, as it attempted to cover shortfalls. Under the governor's plan, this debt of $24.9 billion will be eliminated by the end of FY 2017-18. The budget also sets aside $1.6 billion in a budget stabilization account to allow the state to face future uncertainties. Of course, the state still has looming fiscal issues to tackle, including unfunded pension liabilities of over $217 billion dollars for state workers, teachers, university workers, and judges. The state also relies heavily on capital gains taxes (these will account for $4 billion in additional revenue in FY 2014-15) and this revenue source has proven extremely volatile In past years. The budget also assumes that federal court will grant a two-year extension to California's requirement to meet the capacity threshold of its prisons, which is uncertain. Finally, Proposition 30 is temporary, and the sales tax increase expires in 2016, followed by expiration of the income tax increase in 2018. California, as mentioned previously, continues to face sizable pension liabilities. The reform enacted under Assembly Bill 340 should decrease pension costs in the long-run, but more reforms are being proposed, including a measure proposed by San Jose Mayor Chuck Reed, which would effectively allow cities to change pension benefits going fonward for public employees. General Fund expenditures in the proposed budget increased by 8.5 percent, with significant increases In K-12 education and transportation, while revenues are expected to increase by 5.9 percent in FY 2014-15. Looking Forward In order to strategically address the future needs of the city and to ensure that we maintain a structurally balanced budget in the long term, the city prepares a ten-year financial forecast. Revenue projections are developed based on current and forecasted economic variables at the national, state, and local levels, and provide city leaders with some measurement of future capacity to support city programs and services. In recent years, revenue growth has become more difficult to project in the long-term, as we find ourselves in an economic climate that changes rapidly and unpredictably, and the forecast allows decision makers to adjust for these changes. The ten-year forecast is updated frequently to avoid potential pitfalls and to ensure that we identify and resolve fiscal challenges and continue to develop a balanced and responsible budget. Over the past several years, the city has addressed the budgetary challenges brought on by the recent recession and taken deliberate measures to continue to allocate resources in a responsible manner, minimizing the impact to users of city services. These measures included a reduction in full-time and hourly full-time equivalent (FTE) positions, delaying the construction of non-essential capital projects, reducing the funding for capital outlay and goal projects, reducing and/or eliminating cost of living salary increases, requiring employees to pay a larger portion of their retirement costs, using technology and other tools to create efficiencies, and reducing certain non-essential service levels with a minimal impact to the community. A-6 /V Exhibit 1 The ability to anticipate changes in revenue sources and to balance those resources against the costs related to ongoing and future programs, services, and infrastructure requirements is critical to the financial health of the city. The city relies on the General Fund forecast to effectively manage fiscal resources and map a sustainable and responsible path for attaining the goals of the community. The tumultuous economic environment experienced in the past few years makes this long-term perspective even more important. The forecast assumes limited growth in residential and commercial development over the next decade and captures the expected revenue impacts from major projects that are expected to be completed during the forecast period. Ongoing transfers to the Cadsbad Crossings Golf Course are expected to continue over the forecast period; however, the transfer is expected to decrease steadily over the ten-year forecast horizon. The operating costs of new city facilities projected in the Capital Improvement Program and supported by the General Fund, such as Alga Norte Park, are also captured in the forecast. Economic conditions at the national, state, and local level are expected to continue improving at a modest rate and to provide a boost to most of our major sources of revenue. Home prices, which have been slumping for several years, are continuing to increase substantially and will begin to provide a boost to the city's property tax revenues In the following years. Overall, the outlook for General Fund revenues has improved, since the last fiscal year, and revenues are expected to exceed ongoing operating costs. General Fund Revenues and Expenditures 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-212021-22 2022-23 2023-24 Fiscal Year I Revenues -Total Expenditures The forecast assumes that General Fund revenues will increase by a little over three percent in FY 2014-15, as improving economic conditions buoy revenues from the property taxes, sales taxes and TOT. To project the expenditures, all known changes in personnel and maintenance and operations costs are accounted for. However, the effects of future negotiations with employee bargaining units are not contemplated in the current ten-year forecast. The city is currently undertaking an evaluation of services in order to pursue a managed competition process, known as Best Value Services. The financial impact of a change in service delivery is also not considered in the ten-year forecast. The forecast assumes that the city's cost for employee health care will increase by five percent, annually, over the life of the forecast. Pension plan costs continue to be a major driver of overall personnel costs for the city. CalPERS, the pension plan which funds city employee pension benefits, has recently decided to substantially increase required annual pension contributions from participating agencies in order to fully fund outstanding pension obligations within 30 years. This decision, coupled with a new mortality assumptions (pensioners are living A-7 Exhibit 1 longer), will substantially increase personnel costs for the city and are contemplated in the current ten-year forecast. The cumulative effect of the five year ramp-up in pension costs will increase the General Fund's annual contribution by 45 percent from FY 2015-16 to FY 2019-20. In order to address the underfunded status of pensions, the City Council has set aside $2 million in last years' budget to mitigate these increasing costs. The forecast further assumes that no new positions are authorized after FY 2014-15, except those that may be related to the operating costs of new city facilities supported by the General Fund. Negotiated salary step increases and cost of living increases are included in personnel costs, in order to provide a conservative estimate of future costs. The contribution from the General Fund to the Infrastructure Replacement Fund is forecasted to remain at 6.5 percent of General Fund revenues. Finally, the forecast includes estimated operating costs for all capital projects in the timeframes shown in the Capital Improvement Program (CIP). As indicated in the above graph, the General Fund is balanced for FY 2014-15 and revenues exceed expenses over the life of the forecast. Although the revenue forecast is optimistic, Carlsbad is still exposed to a fragile and slowly recovering economy, which could rapidly deteriorate and adversely affect local revenues. Despite these threats, responsible fiduciary stewardship and planning have placed the city in a position to benefit from even modest improvements in the economic environment. A-8 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 The Preliminary Operating Budget for Fiscal Year 2014-15 totals $227.1 million, with revenues for the year estimated at $232 million. General Fund-revenues are estimated at $127.3 million and General Fund budgeted operating expenditures are $124.5 million. REVENUE The following table shows the total operating revenues anticipated to be received by the city for FY 2013-14, as well as those estimated for FY 2014-15. REVENUE SUMMARY BY FUND TYPE (in Millions) FUND PROJECTED BUDGETED $ % FUND 2013-14 2014-15 CHANGE CHANGE GENERAL FUND $ 123.0 $ 127.3 $ 4.2 3.4% SPECIAL REVENUE 10.9 11.2 0.3 2.9% ENTERPRISE 69.2 71.8 2.6 3.8% INTERNAL SERVICE 19.7 19.7 -0.1% REDEV. OBLIG. RETIREMENT 1.6 2.0 0.4 22.4% TOTAL $ 224.5 $ 232.0 $ 7.5 3.4% Revenue estimates for the Operating Budget indicate that the city will receive a total of $232 million in FY 2014-15, a $7.5 million, or 3.4 percent, increase over the prior year's projections. The significant changes from the prior year include a $2.7 million, or 2.7 percent, increase in the General Fund for increases In Property Tax, Sales Tax and Transient Occupancy Tax revenues. The Special Revenue Funds show an increase of $317,000, or 2.9 percent from the prior year due to increases in grant funding and special benefit district charges. Enterprise revenues are expected to increase $2.6 million, mainly due to increased water sales revenues needed to pay for the rising cost of water purchased from the San Diego County Water Authority, and increased golf course revenues. More information on the city's revenue sources can be found in the discussion that follows. General Fund General Fund revenues provide a representative picture of the local economy. These revenues are of particular interest as they fund basic city services, such as Police, Fire, Library, Street and Park Maintenance, and Recreation programs. The following table provides a summarized outlook for the major General Fund revenues. . SIGNIFICANT GENERAL FUND REVENUES PROJECTED 2013-14 BUDGETED 2014-15 $ CHANGE % CHANGE PROPERTY TAX $ 50.0 $ 51.6 $ 1.6 3.2% SALES TAX 31.1 31.7 0.6 1.8% TRANSIENT OCCUPANCY TAX 16.0 16.5 0.5 3.0% FRANCHISE TAXES 4.9 5.0 0.1 2.2% BUSINESS LICENSE TAX 3.7 3.8 0.1 4.0% DEVELOPMENT REVENUES 2.1 2.5 0.4 19.6% ALL OTHER REVENUE 15.4 16.3 0.9 5.9% TOTAL $ 123.0 $ 127.3 $ 4.2 3.4% B-1 in 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 As we emerge from the Great Recession, General Fund revenues indicate healthy growth. Our three largest revenue sources, property tax, sales tax, and transient occupancy tax (TOT), are expected to total $99.7 million in FY 2014-15, comprising 78 percent of General Fund revenue. Revenues from sales tax and TOT are highly sensitive to changes in the economic activity, unlike property tax revenues, which tend to lag behind economic growth and remain relatively stable over time. The biggest revenue source, property tax, is expected to grow by 3.2 percent to $51.6 million, as assessed values continue to improve in residential real estate. The median price for a single family residence in Cadsbad rose to a median $720,000, compared to $655,000 for the same time period, last year. Compared to the first quarter of 2013, prices have increased in all city zip codes except 92011, the southwest quadrant of Cadsbad. Sales inventories, though better that a year ago, are still relatively tight, a factor that may continue to sustain Cadsbad residential real estate prices. Economists also forecast increased interest rates and a tightening in Federal Reserve monetary policy, factors that could slow price appreciation In residential real estate. Property and Sales Tax Revenues 60 1 50 (0 40 c 40 o 30 i 20 10 0 •Sales Tax - Property Tax a* cSi^ ^^"^ ^N'^ .W^^ K^>^ rf^ ^ ^ Fiscal Year Property taxes tend to lag behind the rest of the economy, as the tax revenue for the upcoming fiscal year is based on assessed values from January. Thus, the taxes to be received for Fiscal Year 2014-15 are based on assessed values as of January 1, 2014. Proposition 13, adopted in 1978, limits the annual increase in assessed values for property. Under this proposition, assessed values (and the related property tax) can grow by no more than two percent per year. The value upon which the tax is based is only increased to the full market value upon the sale of the property. Thus, property taxes tend to grow slowly unless there is a significant amount of housing activity. In past decade, we have seen robust growth in property taxes due to new development, high turnover of existing homes, and double-digit growth in housing prices. B-2 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 SALES TAX BY CATEGORY FOURTH QUARTER 2013 MISCELLANEOUS O.S% CONSTRUaiON 2.3% Sales tax revenues generally move in step with economic conditions and have improved markedly over the past two years. Comparing the fourth quarter of calendar year 2013 to the previous year, sales tax cash receipts in the state of California increased by 8.7 percent, although a portion of this (3 percent) is due to late processing by the Board of Equalization. Statewide, MuniServices expects taxable sales to grow by approximately 5 percent in 2014, as state unemployment improves. The city of Cadsbad realized an increase of 7.1 percent in cash receipts for the fourth quarter of 2013. New auto sales, which comprise approximately one- quarter of city sales tax revenue, have exceeded pre-recession levels and hit an all-time high in the last quarter of 2013. City sales tax revenues are expected to increase by approximately 2 percent in FY 2014-15, adding $31.7 million to the General Fund. New retail additions in Cadsbad, such as La Costa Town Square, will add to the sales tax base and the city will continue to benefit from recent additions, such as the LegoLand Hotel and Lowe's, which opened in fall 2013. Several years ago, the State of California implemented the "Triple Flip." The "Triple Flip" is essentially a temporary swap of a % cent of the cities' sales taxes in return for property tax. It was done in order to give the state a revenue source against which they could issue deficit reduction bonds. The city's sales tax estimates continue to show this amount as sales tax, since the amount is reflective of what the city would receive. As can be seen in the chart above, the city's sales tax base is heavily weighted in the transportation (predominantly new car sales) and retail sectors. These two sectors account for two-thirds of taxable sales in Carlsbad. New car sales dropped precipitously during the recent recession, falling from $6.7 million in the fourth quarter of 2007 to a low of $4.4 million in 2009. In the fourth quarter of 2013, new car sales hit a high of $7.4 million. Retail sales have also increased substantially as the recession has abated. Sales tax estimates also include approximately $1 million in Proposition 172 funds, which are earmarked for public safety service expenditures. Proposition 172 requires that the 'A cent increase in California sales taxes be allocated to local agencies to fund public safety services. Transient Occupancy Taxes 0> c o 18^ 16 - 14 - 12 - 10 - 8 - 6 • 4 2 0 Is i 11 ii ii i ii il- U 1 ^06 2009 2012 Fiscal Year 20158 B-3 The third highest General Fund revenue source Is Transient Occupancy Taxes (TOT, or hotel taxes). TOT is forecast to increase by 3 percent in FY 2014-15, from approximately $16 million to $16.5 million. As seen In the accompanying graph, TOT has increased by over 40 percent since FY 2010-11, as new hotels, such as the LegoLand Hotel and the Hilton Oceanfront Resort & Spa have 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 opened in the past years. Overall improvement in the national and state economies has also bolstered tourism in the region, and the San Diego Tourism Authority expects demand for hotel room to continue rebounding in 2014. Carisbad currently has over 4,000 hotel rooms and over 1,000 vacation rentals, which continue to benefit from increasing daily room rates and improving occupancy rates. Franchise Taxes tn c o 0 I Other Franchise ISDG&E Franchise 2006 2009 2012 2015e Fiscal Year One of the more volatile General Fund revenues is the Franchise Tax. Franchise taxes are paid by certain industries that use the city right-of-way to conduct their business. The city currently has franchise agreements for cable TV service, solid waste services, cell sites, fiber optic antenna systems and gas and electric services. The cable and solid waste franchises have been growing along with the growth in population, changes in their rate structures, and the continued growth ofthe city's newest cable franchises, AT&T and Time Warner. Overall, franchise tax revenues are projected to increase by approximately 2 percent, with all segments sharing in the increase. SDG&E pays franchise taxes for the use of the public land over which they transport gas and electricity. The city also receives an "in-lieu" franchise tax based on the value of gas and electricity transported on SDG&E lines, but purchased from another source. The "in-lieu" tax captures the franchise taxes on gas and electricity that is transported using public lands but which would not othenwise be included in the calculations for franchise taxes, due to deregulation of the power industry. The majority of the "in-lieu" taxes received is attributable to Cabrillo Power, the operator of the Encina power plant, and is based on the gas used in the generation of electricity. The continued reduction in operations at the Encina power plant is projected to negatively impact the "in-lieu" franchise tax paid by SDG&E, although revenues from this source are expected to increase slightly in FY 2014-15 after a decrease experienced in the current year (FY 2013-14). Development-related revenues include planning, engineering and building permits, and fees paid by developers to cover the cost of reviewing and monitoring development activities such as plan checks and inspections. These revenues are difficult to predict, as many of the planning and engineering activities occur months or years before any actual development. During FY 2009-10, development related revenues began to turn around from historic lows experienced in FY 2008-09. During FY 2010-11, development related revenues continued to strengthen, especially on the non-residential side, with the permitting of the new Isis Pharmaceuticals headquarters and the Hilton Beachfront Hotel. Development related revenues have fluctuated in the past years with increases and decreases in residential and commercial and industrial development. In FY 2012-13, revenues rose from $2.7 million to $3 million, following a marked increase in commercial space permitted. This year, FY 2013-14, development related revenues normalized to $2.1 million, as trends returned to normal levels. In FY 2014-15, we expect a 20 percent increase in development related revenues, to approximately $2.5 million, as decreases in residential permits are offset by stable commercial development and an increase in permit activity for industrial space. B-4 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 Business license taxes are closely tied to the health of the local economy, and are projected to increase by 4 percent to an estimated $3.8 million in FY 2014-15. There are currently about 9,264 licensed businesses in Carisbad, with just over 2,474 of them home-based. All other revenues include transfer taxes, interest earnings, ambulance fees, recreation fees, and other charges and fees. The estimate for Fiscal Year 2014-15 totals $9.2 million, a $807,000, or 9.6 percent, increase from the previous year. Interdepartmental charges are generated through engineering services charged to capital projects, reimbursed work from other funds and miscellaneous interdepartmental expenses charged to funds outside the General Fund for services performed by departments within the General Fund. Transfer taxes are those taxes paid to the county upon the transfer of interests in real estate. The tax is 55 cents per $500 of property value, and is split equally between the county and the city. Carisbad expects to receive approximately $1.1 million in transfer taxes for FY 2014-15, which is essentially unchanged from FY 2013-14. Although housing prices have increased, very low inventories indicate a lack of sales activity. Sales activity is projected to remain relatively low, as Fed action and an improving overall economy put upward pressure on mortgage rates. Income from investments and property includes interest earnings, as well as rental income from city-owned land and facilities. The city is expected to earn about $2.5 million in interest on its General Fund investments for Fiscal Year 2014-15, as the yield on the city's portfolio is expected to be approximately one percent and is not expected to substantially improve in the coming fiscal year. $ Millions General Fund Revenues 3.4% FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY2014e FY2015e Overall, as reflected in the bar chart, General Fund revenues are expected to be up 3.4 percent from FY 2013-14, as property tax, sales tax, and TOT continue to improve. Although the city experienced revenue growth between 9 and 17 percent in the late 1990's, it was not sustainable. Much of those increases were due to the opening of new hotels, restaurants, retail centers, and new home development. As new development slows, it will be increasingly more difficult to produce double-digit growth in revenues. An improving economy is certainly driving B-5 2014-15 PREUMINARY OPERATING BUDGET OVERVIEW Exhibit 1 General Fund revenues higher, but revenue growth should remain in the 3 to 4 percent range in the coming years. The City has a General Fund reserve policy that sets a minimum reserve of 30 percent of the General Fund Operating Expenditures. In addition, the policy sets a target reserve of 40 percent to 50 percent of General Fund Operating Expenditures. The minimum reserve would provide approximately three to four months of operating expenditures for unforeseen emergencies. At the end of FY 2012-13, the unassigned General Fund balance was approximately $69.6 million. At the end of FY 2013-14, the reserve is projected to be approximately $71.5 million, or 59 percent, of the FY 2013-14 Budget. The reserve amount is consistent with Council Policy 74: General Fund Reserve Guidelines. Other Funds Revenues from Special Revenue funds are expected to total $11.2 million in FY 2014-15, a $317,000, or 2.9 percent, increase from FY 2013-14. The types of programs supported within Special Revenue funds are those funded by specific revenue streams such as: • Grants (Rental Assistance-Section 8 and Community Development Block Grants) • Special fees and assessments (Affordable Housing and Maintenance Assessment Districts) • Donations (Library, Cultural Arts, Recreation and Senior Donations) SPECIAL REVENUE FUNDS 2014-15 PROJECTED REVENUES Donations and Grants 4% All others 3% Maintenance Districts 26% CDBG, 6% Rental Assistance 49% Affordable Housing 12% The most noteworthy changes in the Special Revenue funds occurred in the Affordable Housing Trust Fund, the Community Development Block Fund and the Rental Assistance Fund. Estimated revenues decreased $562,000, increased $420,000 and $501,000, respectively, from FY 2013-14. During FY 2013-14, the city received approximately $1.6 million in one-time affordable housing credits. In order to meet the inclusionary housing obligations for certain areas of the city (e.g., the southeast and southwest quadrants), units related to developments were made available as affordable housing credits for housing developers to purchase. Due to the small size of certain projects and the difficulty in obtaining financing, B-6 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 some developers/applicants have opted to purchase affordable housing credits instead of constructing units. Enterprise fund revenues for FY 2014-15 are projected at $71.8 million, an increase of $2.6 million, or 3.8 percent, over current year projections. The increase in revenues is primarily due to the planned rate increases for Water and Wastewater funds, as well as revenue increases to the city's golf course operations. Enterprise funds are similar to a business, in that rates are charged to support the operations that supply the service. Carisbad Enterprise funds include water and recycled water delivery, wastewater services, solid waste management, and operation of a golf course. The Water Enterprise Fund revenue is estimated at $48.5 million, an increase of $2.4 million, or 5.2 percent over the current year estimate. These revenues reflect $2.1 million in increased sales revenue due to a proposed rate increase of 5.0 percent effective January 1, 2015 to pay for the rising cost of potable water purchases. The proposed rate increases have been approved by the Board of Directors of the Carisbad Municipal Water District. Anticipated increases paid to the San Diego County Water Authority include an estimated 3.6 percent increase to the wholesale purchase cost of water (from $1,103 to $1,143 per acre foot, effective January 1, 2015), and an estimated 5 percent increase in the fixed charges for water purchases (from $5.8 million to $6.1 million) for FY 2014-15. In addition to paying for the wholesale and fixed water costs, the FY 2014-15 Operating Budget includes funding for replacement of Carisbad's water infrastructure, ongoing meter replacements, and building sufficient operating reserves. Estimated revenues for Wastewater are $12 million; no change from the current year estimate. The revenue reflects proposed rate increases to fund the ongoing cost of operations, maintenance, and funding for replacement of infrastructure, as well as providing a sufficient operating reserve. The proposed rate increase for January 1, 2015 is 2 percent and has been approved by the City Council. Although rates are increasing, revenues are projected to remain flat due to decreases in wastewater flows. Estimated revenues for the Golf Course are $7.6 million, up 3.9 percent or $300,000 from the current year estimate. Internal Service funds show estimated revenues of $19.7 million for FY 2014-15, relatively flat in total, from FY 2013-14 projections. This number is somewhat misleading, however, because in FY 2013-14 there was a one-time transfer of $2 million to the Self Insured Benefits Fund and a transfer to the Risk Management Fund of $750,000. In FY 2014-15 there are notable increased revenues in the Worker's Compensation, Vehicle Maintenance and Replacement, and Information Technology funds. Worker's Compensation claims and recommended reserves have risen, as have Vehicle Maintenance and Replacement costs. The Information Technology department has seen increases in contractual services and has incurred additional costs for newly implemented technology projects. Internal Service funds provide services within the City itself, and include programs such as the self-insurance funds for Workers' Compensation and General Liability (Risk Management), as well as Vehicle Maintenance and Replacement, and Information Technology. Departments pay for services provided by these funds; therefore, the rates charged for the services are based on the cost to provide the service. The goal of the Internal Service funds is to match their budgeted expenses with charges to the departments, after allowing for a certain level of reserves within the fund. B-7 ^3 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 The Redevelopment Obligation Retirement Fund (RORF) revenues are budgeted at $2 million, or 22.4 percent over FY 2013-14. Although the Redevelopment has been dissolved, the California Department of Finance has approved the repayment of the approximately $8.1 million (plus accrued interest) loaned to both former redevelopment areas by the General Fund. Loan payments of approximately $1 million per year will be made to the city, and 20 percent of this repayment will be set aside for future affordable housing. B-8 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 EXPENDITURES The city's Preliminary Operating Budget for FY 2014-15 totals $227.1 million, which represents an increase of about $12.3 million, or 5.8 percent, as compared to the adopted FY 2013-14 Budget. The changes in each of the city's programs will be discussed below. Budqetarv Policies The theme behind this year's budget development was for the city to continue to provide the very best services to the community while finding operating efficiencies and reducing costs wherever possible. The goal was to achieve a balanced budget for the coming fiscal year while still maintaining the city's long-term financial health and ensuring that future costs can be met without negatively impacting the services provided to the community. All known and ongoing operating expenses were incorporated in the FY 2014-15 Preliminary Operating Budget, as well as in the long-term financial forecast. Responsible management of the city's resources includes maintaining a focus on a sustainable future by ensuring the city remains in good financial health, as today's decisions will impact future spending levels. Although the city is entering the new fiscal year in a solid financial position, the city will pursue allocating resources in a manner that provides the best services for the people of Carisbad. The following policies for FY 2014-15 were established in line with conservative estimates for future revenue growth: • Continue to provide excellent services to our residents. • Increase in the number of staff positions were allowed in instances where community priorities would be served. • Modest growth (2 percent) was allowed for maintenance and operations in order to allow departments to meet escalating costs. • All departments exercised prudence in budgeting and considered cost containment measures and set discretionary budgets at minimum levels. The city uses an "Expenditure Control Budget" (ECB) process in budgeting, where each department is given a block appropriation containing sufficient funds to provide the current level of services for the upcoming year. For FY 2014-15, departments were allowed a 2 percent increase, if needed, for their expenditures for maintenance and operations (M&O). As a result ofthe economic recession, block budgets were reduced in both FY 2008-09 and FY 2009-10 in order to align expenses with falling revenues. In order to gain further operating efficiencies, the city's organizational structure was realigned in FY 2010-11. Since the beginning of the recession, the city has eliminated 47 full-time equivalent (FTE) positions in order to contain costs. In the FY 2014-15 budget, there is a net increase of 3 full-time equivalent positions. No additional appropriations are expected during the fiscal year, except in the case of significant unanticipated events. As in past years, amounts that are unspent at the end of the fiscal year will be carried forward to the next year, or will increase the city's reserves. At the end of FY 2013-14, the amounts carried fonward by each department will be capped at no more than 10 percent of the previous year's Adopted Budget. B-9 96 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 Budgeted Expenditures Through the application of these guidelines and policies, the FY 2014-15 Preliminary Operating Budget of $227.1 million was developed. Position Changes A net increase of 3.0 full-time positions is reflected in the FY 2014-15 Preliminary Operating Budget, as compared to the FY 2013-14 Adopted Budget. These position additions resulted in an approximate citywide personnel increase of $278,400 for the coming year. The FY 2014-15 Preliminary Operating Budget includes the elimination of the following 8 full- time positions: 1.0 Administrative Secretary 1.0 Engineering Technician 1.0 Office Specialist II 4.0 Parks Maintenance Worker II (mid-year) 1.0 Tree Trimmer Lead Worker (mid-year) The FY 2014-15 Preliminary Operating Budget includes the addition ofthe following 11 full-time positions: 1.0 Business Systems Specialist 1.0 Code Compliance Specialist II 1.0 Facilities Manager (limited term to permanent) 1.0 Fire Marshall 1.0 Housing Assistant 1.0 Management Analyst 1.0 Office Specialist II 1.0 Secretary 1.0 Senior Applications Analyst (mid-year) 1.0 Training Coordinator 1.0 Traffic Systems Operator The net increase in hourly staff totals 7.19 FTE. This increase is due to the following: Additions: Eliminations: 5.58 Alga Norte Park 1.75 Office Assistants 1.00 Building Internship Program 0.30 Technical Assistant 0.50 Community Outreach & Engagement 2.16 Property & Environmental Mgmt. These changes result In a city workforce of 670.75 full and three-quarter time employees, and 157.77 houriy, full-time equivalent positions. New Facilities The city has a number of major capital projects scheduled to be built over the next five years. As the city completes these projects, the costs of maintaining and operating the facilities, including additional personnel if necessary, are added to departmental operating budgets. There are no new facilities expected to open in FY 2014-15. B-10 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 Budget bv Fund Type The table below shows the changes in the Preliminary Operating Budget for FY 2014-15, as compared to the Adopted Budget for FY 2013-14. BUDGET EXPENDITURE SUMMARY BY FUND TYPE (In Millions) FUND BUDGET 2013-14 BUDGET 2014-15 $ CHANGE % CHANGE GENERAL FUND SPECIAL REVENUE ENTERPRISE INTERNAL SERVICE REDEV. OBLIG. RETIREMENT $ 119.7 10.6 65.9 17.2 1.3 $ 124.5 10.6 68.8 21.9 1.3 $ 4.8 2.9 4.7 4.0% -0.2% 4.4% 27.1% 1.9% TOTAL $ 214.7 $ 227.1 $ 12.3 5.8% The General Fund contains most of the discretionary revenues that support basic core city services. However, this should not diminish the importance of the other operating funds, as they also contribute to the array of services available within Carisbad. The remainder of this section will provide more information about the budgeted expenditures by fund and program. GENERAL FUND SUMMARY BY EXPENDITURE TYPE (In Millions) BUDGET 2013-14 BUDGET 2014-15 $ CHANGE % CHANGE PERSONNEL MAINTENANCE & OPERATIONS CAPITAL OUTLAY TRANSFERS $ 74.3 31.6 13.8 $ 78.3 36.0 0.1 10.1 $ 4.0 4.4 0.1 (3.7) 5.4% 13.9% 0.0% -26.6% TOTAL $ 119.7 $ 124.5 $ 4.8 4.0% General Fund The total Preliminary Operating Budget for the General Fund for FY 2014-15 is $124.5 million, which is four percent greater than the previous year's Adopted Budget of $119.7 million. The total increase is attributable to a $4 million, or 5.4 percent increase in Personnel, a $4.4 million or 13.9% increase in Maintenance and Operations costs, and a $3.7 million, or 26.6 percent, overall decrease in transfers out of the General Fund to other city funds, as can be seen in the table above. These changes are discussed in more detail below. Personnel costs make up approximately 62 percent of the General Fund budget so any changes in these costs can have a significant effect on the total budget. The total personnel budget for FY 2014-15 is $78.3 million, which is $4 million, or 5.4 percent more than the previous year's total personnel budget of $74.3 million. B-11 ^7 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 GENERAL FUND PERSONNEL COSTS (In Millions) BUDGET 2013-14 BUDGET 2014-15 $ CHANGE % CHANGE SALARIES $ 52.0 $ 54.5 $ 2.5 4.8% RETIREMENT 13.0 14.3 1.3 9.8% HEALTH INSURANCE 6.8 6.8 -0.1% WORKERS COMP 1.4 1.5 0.1 10.0% OTHER PERSONNEL 1.1 1.2 0.1 8.6% TOTAL $ 74.3 $ 78.3 $ 4.0 5.4% The table above shows the breakdown of personnel costs for the General Fund. Salaries include full and part-time staff costs and are expected to increase in FY 2014-15 by $2.5 million, or 4.8 percent. The increase is mainly due to previously negotiated wage increases scheduled to occur in FY 2014-15, as well as the net addition of 3 full-time staff and 7.19 part- time staff; the part-time staff are primarily for Alga Norte Park operations. Alga Norte Park opened to the public eariier this year, and the FY 2013-14 operating budget only included partial funding and staffing for operations and maintenance ofthe park. Retirement rates, as projected by CalPERS, will increase in FY 2014-15 by about 1 percent of payroll for General and Management employees, representing a 4.4 percent increase, and by about 1.4 percent of salary for Safety employees, representing a 4.2 percent increase. These rate increases for the city will result In an increase of approximately $1.2 million for the General Fund in FY 2014-15. Larger increases, approved by CalPERS, will go into effect in FY 2015- 16. Health insurance rates are remained relatively flat, and Worker's Compensation expense is projected to increase slightly. Miscellaneous other personnel costs, such as bi-lingual pay, are also projected to increase slightly for FY 2014-15. Maintenance & Operations costs (or M&O) represent about 29 percent of the total General Fund budget, and include the budgets for all program expenses other than personnel, capital outlay and transfers. Overall, total M&O costs are projected at $36 million, an increase of about $4.4 million, or 13.9 percent, for FY 2014-15 as compared to FY 2013-14. Maintenance and Operations costs are discussed more fully by program later in the report. In addition to the 2 percent M&O increase authorized for FY 2014-15, budgets for utility costs were adjusted to keep up with the rising costs seen in the past few years, and anticipated in FY 2014-15. The FY 2014-15 includes additional funding of $656,000 for these increases. Departments with part-time hourly employees were also given a 3.1 percent, or a $140,000 increase, based on an external salary budget survey. Capital Outlay includes budgeted equipment purchases over $1,000. Capital outlay purchases of $131,000 are budgeted in the General Fund for FY 2014-15. Transfers are amounts anticipated to be transferred from the General Fund to another city fund. The transfers included in this year's proposed budget are to the following funds: B-12 9S 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 . $8,302,000 million to the Infrastructure Replacement Fund for major maintenance and replacement of city infrastructure. This represents 6.5 percent of the General Fund Revenues, the same as the percentage transfer for FY 2013-14. . $251,962 to the Storm Water Program for reimbursement for the General Fund portion of Storm Water expenses. . $539,000 to the Median Maintenance and Street Tree Maintenance Special Revenue Funds to cover cash shortfalls, as annual assessments collected from property owners do not cover annual operating expenditures. • $1,031,240 to the city's municipal golf course for debt service. Advances are amounts anticipated to be transferred from the General Fund to another city funds and are expected to be repaid to the General Fund in future years. No General Fund advances are included in this year's Preliminary Operating Budget. Another way of looking at the General Fund budget is by program. The chart on the following page compares the total FY 2014-15 Budget to the amounts adopted in the previous year. A brief description of each department and its services and a summary of significant department budget changes in the FY 2014-15 Preliminary Operating Budget, are noted below the chart. GENERAL FUND EXPENDITURES BY DEPARTMENT (In Millions) BUDGET BUDGET $ % DEPARTMENT 2013-14 2014-15 CHANGE CHANGE POLICY/LEADERSHIP $ 4.0 $ 5.6 $ 1.6 39.4% COMMUNITY & ECONOMIC DEV 6.8 8.2 1.3 19.3% FINANCE 3.6 3.7 0.2 4.4% FIRE 17.8 18.9 1.2 6.5% HOUSING & NEIGHBORHOOD SRVCS 0.6 0.7 0.1 20.5% HUMAN RESOURCES 2.4 2.9 0.5 19.9% LIBRARY & CULTURAL ARTS 10.4 11.2 0.8 8.0% PARKS AND RECREATION 13.2 14.7 1.5 11.4% POLICE 28.7 29.1 0.3 1.2% PROPERTY & ENVIRONMENTAL MGT 5.6 6.1 0.5 9.6% RECORDS MANAGEMENTS 0.8 0.3 (0.5) -62.3% STORM DRAIN ENGINEERING 0.3 0.3 --0.3% TRANSPORTATION 8.7 9.3 0.6 6.7% NON-DEPARTMENTAL 16.7 13.5 (3.3) -19.5% TOTAL $ 119.7 $ 124.5 $ 4.8 4.0% The Policy & Leadership Group consists of all elected officials, the City Manager's Office, the City Attorney's Office, and communications and records management functions. The $1.6 million, or 39.4 percent increase for FY 2014-15 is due to the following: $247,000 was transferred from Parks & Recreation and Library and Cultural Arts to the Communications budget in order to consolidate the work program in one B-13 2014-15 PREUMINARY OPERATING BUDGET OVERVIEW Exhibit 1 area; personnel and operating expenses were transferred to the City Clerk's budget from the Records Management budget ($450,000), and the City Manager budget reflects about $300,000 in increased personnel costs as well as an increase for one- time professional services related to the Higher Education Goal. . The Community and Economic Development Department includes economic development, planning, development services, building inspection, land use engineering. The increase of about $1.3 million, or 19.3 percent. Is mainly due to the addition of one-time as well as on-going funding to implement programs such as the North County Brand, Digital Records Management, and a Building Inspector Intern Program as well as the addition of a Fire Marshall position. The budget for development plan check services increased $530,000; these expenditures are offset by charges for services. . The Housing and Neighborhood Services budget has remained relatively flat from the prior fiscal year. . The Finance Department provides the services of accounting, financial reporting, capital and operating budgeting, payroll, billing and collections, citywide mail processing, purchasing and receiving, fiscal oversight, and long-term financial planning for the city. The increase of about $156,000, or 4.4 percent, is mainly due to increases in internal services, and personnel. . The Carisbad Fire Department provides emergency operations, emergency preparedness, and fire prevention services to safeguard lives, property and the environment in the City of Carisbad. The FY 2014-15 operating budget reflects a 6.5 percent, or $1,200,000 increase. In addition to negotiated salary and benefits and internal service charge increases, funding is included for the purchase of 3 cardiac monitors, and to pay for rising contractual payments for outside services. . The Human Resources Department supports the city with staffing and recruitment, employee development, performance management, and compensation and labor relations services. The increase of $477,000, or 19.9 percent, is primarily due to increased contracted recruitment services and a net 1.25 FTE increase for a Management Analyst and a Training Coordinator position. . The Library and Cultural Arts Department provides staffing and a wide variety of programming for two library branches, a library learning center, and a cultural arts office. The department's budget is projected to increase by $834,000, or 8 percent, from FY 2013-14 to FY 2014-15. Increased funding includes $35,000 for a Public Arts Master Plan and a $25,000 increase to the Community Arts Grants program. Remaining increases are for intemal services, personnel costs and utility costs. • The Parks and Recreation Department plans, staffs HM^H^HaHHBHH and maintains the city's parks and recreational facilities, HUSM^I^HP^^^^? provides an assortment of recreational programs for all ^^^^jy^^^^^^^ ages, maintains landscaping at facilities throughout the IHHHHHII^H^^^^H city, and manages the city's open space areas. Alga pBSHR^^^^B^HH Norte Park opened eariier this year, and FY 2014-15 ^'^^^^jj^^r'^'VBEK includes funding for operations and maintenance of this M«BHHH||^^^'^^V facility. The FY 2014-15 budget is $1.5 million, or 11.4% greater than the FY 2013-14 budget. Alga Norte HI^H^BHHHBi Park operations represents about $870,000 of this B-14 30 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 increase, and includes additional funding for 5.58 FTE part-time staff for concessions and class instructors. In addition, increases are included for internal services, rising utility costs, and food and supplies for the concession sales. Park maintenance costs have increased and include and additional $175,000 for internal services, $200,000 for increased utilities, and a net $400,000 increase in contractual services. Four maintenance worker positions and one tree trimmer were eliminated during the year, providing some of the funding for the increased contractual services. • The Carisbad Police Department provides high quality public safety services to the community by enforcing laws and ordinances, preserving the peace, and providing for the protection of life and property. Overall, the department's costs are increasing by $331,000, ora modest 1.2 percent, for FY2014-15, as compared to FY2013-14. . The Property and Environmental Management Department manages all city-owned property, including real estate, buildings and vehicles. The department also manages the city's environmental programs, which include storm water, habitat and other environmental maintenance and monitoring programs. The increase of $534,000, or 9.6 percent, from the prior year's budget is primarily due to the replacement of furniture and the addition of 2.16 part-time FTE positions to assist with capital construction projects (these expenses will be reimbursed by the capital funds) and real estate projects. . The Utilities Department in the General Fund consists of Storm Drain Engineering activities. No change is expected for FY 2014-15 as compared to the FY 2013-14 budget appropriation. . The Transportation Department manages all streets, traffic and other city-wide transportation services, including city traffic engineering, traffic signal monitoring and maintenance, and maintenance of all city streets and roadways. The FY 14-15 budget reflects an increase of $581,000, a 6.7 percent increase over FY 2013-14. These increases are due to increased development inspection services, rising utility costs, internal services, and personnel increases. . Non-departmental expenses include the transfers previously discussed, the Council Contingency account, and administrative and other expenses not associated with any one department. The non-departmental budget is expected to decrease by $3.2 million, or 19.5 percent, in FY 2014-15. The decrease is due to one-time transfers made in FY 2013-14 to the city's Self Insured Benefits Fund, and the General Capital Construction Fund for the Village enhancement projects. The Council Contingency is a budgeted amount that is available to the City Council to address unanticipated emergencies or unforeseen program needs during the fiscal year. Prior to the economic recession, the Council Contingency budget provided between 2 and 2.5 percent of the General Fund Operating Budget for these unforeseen costs. For FY 2014-15, the Contingency is budgeted $1.5 million, with no change when compared to the prior year. B-15 31 2014-15 PREUMINARY OPERATING BUDGET OVERVIEW Exhibit 1 History of General Fund Expenditures $ Millions 4.0% 125.0 110.0 105.0 100.0 95.0 FY2008 FtTOOS FYMIO FY2011 FYMU FY2013 FY2014AD FYMlSe $118.7m $111.9m $111.2m $119.7m $124.5m As reflected In the chart above, the city's expenditures were reduced significantly with the City Council's revised budget in FY 2008-09, reflecting a 5.7 percent decrease from the FY 2007-08 Adopted Budget. FY 2009-10 showed a 2.9 percent increase, followed by another large reduction of 6.3 percent in FY 2010-11. FY 2012-13 General Fund expenditures decreased by $1.4 million, or 1.2 percent. In FY 2014-15 estimated expenditures are expected to increase 4.0 percent to $124.5 million, when compared to the FY 2013-14 adopted budget. Changes in Other Funds Special Revenue funds, at $10.6 million, are relatively flat when compared to FY 2013-14. While there are several Special Revenue funds with fluctuations from year to year, the most significant decrease is in funding in CDBG grant funding. Enterprise funds total $68.8 million, which is an increase of $2.9 million, or 4.4 percent, over the FY 2013-14 Adopted Budget. The most significant change in Water Operations is due to the estimated increase in the cost of water purchased from the San Diego County Water Authority (5 percent increase in fixed costs and 3.6 percent increase in the variable costs). The Operating Budget also includes funding for depreciation replacement transfers related to growth and aging ofthe water infrastructure system. Wastewater operations are projected to increase 10.7 percent, or $1.2 million, ofthe total $2.9 million overall increase in Enterprise funds. This increase in the operating budget is primarily due an increase in the depreciation replacement transfer, to reflect an adjustment made to the city's share of the Encina treatment plant assets. Other increases were seen in utility costs, and parts and supplies related to infrastructure asset maintenance. Golf Course operations are expected to remain relatively flat for FY 2014-15. B-16 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 The Internal Service funds total $21.9 million, an increase of $4.7 million, or 27 percent, from the prior year. The Internal Service funds are self-supporting through user charges. Changes occurred in a number of these funds, including the following: . The General Liability budget shows an increase of approximately $100,000, or 6.3 percent, based on higher claims projected for the fund, as compared to the prior fiscal years. . The Self Insured Benefits budget shows an increase of approximately $2 million on the expenditure side; funding was previously transferred in to this fund to provide future stabilization of retirement rates. . The Vehicle Replacement budget has increased almost $660,000, or 51.6%. Replacements can vary significantly from year to year, depending on the useful life, cost, and replacement timing of individual fleet assets. A list of the requested replacement vehicles can be found at the end of this document. . Vehicle Maintenance costs have increased almost $400,000, or 13.7% due to increases in parts, and gas and oil, and other maintenance related costs. • The Information Technology budget shows an increase in the department's budget of approximately $1.2 million, or 15 percent, from the prior fiscal year. This department has seen increases in software maintenance and contractual services of both existing and new technology projects. The cost of staffing has also increased as the department has seen a greater need for some key professional positions which come at a higher cost due based on market demand for those skills. The budgets for the Redevelopment Obligation Retirement Funds (RORF) budgets have remained flat, from the Redevelopment Agency Fund budgets shown in the previous year. The ROPS identifies financial commitments of the former RDA, including $250,000 in administrative costs, which will be paid from semi-annual tax increment revenue received by the Successor Agency and annual debt service requirements. Every six months a new ROPS must be prepared and approved by the Oversight Board, the County of San Diego and the State of California in order to receive additional tax increment. SUMMARY This Preliminary Operating Budget for FY 2014-15 provides a balanced budget for the coming fiscal year while continuing with a long-term plan to sustain a balanced budget in future years. Significant ongoing operating expenses were identified and incorporated in the FY 2014-15 to ensure the budget reflects the ongoing financial obligations of the city. The Carisbad economy is continuing to improve, as a strong economic base is aided by the addition of hotel, retail and commercial projects. Major revenue sources are improving in the city, with continued gains seen In property tax, sales tax, and hotel tax revenues. Carisbad still faces economic challenges from a fluctuating economy, continued increases in utility and water rates, and concerns over the impact that budget decisions at the state and federal levels could have on the city's financial situation. To meet these challenges, the city has initiated a program to evaluate all city operations looking for opportunities to reduce costs through efficiencies, shared services or contracting out services In some areas when that makes sense. The city has already seen results from these efforts. As costs for utilities, insurance, and supplies have increased, departments have been able to reduce costs in other areas to maintain a balanced budget without impacting services provided to the community. B-17 33 2014-15 PRELIMINARY OPERATING BUDGET OVERVIEW Exhibit 1 The City of Carisbad is entering the new fiscal year in a solid financial position and focused on the future. Careful planning and responsible management have allowed the city to not only maintain core services, but to also move ahead on community projects and other investments that contribute to an excellent quality of life in our community. Promoting a strong local economy and bringing more jobs to the city is a top priority. Due to continued fiscally conservative practices, the city is in an excellent position to take advantage of new economic opportunities that will allow our community to thrive now and for many years in the future. B-18 3y CITY OF CARLSBAD OPERATING FUNDS PROJECTED FUND BALANCES Exhibit 2 UNRESERVED PROJECTED BALANCE PROJECTED PROJECTED BALANCE JULY 1,2013 REVENUES EXPENDITURES JUNE 30, 2014 $69,578,115 * $123,043,000 $123,837,030 $68,784,085 • 69,678,115 123,043,000 123,837,030 68,784.085 13.951,523 1,927,500 493,297 15,386.726 1,249,607 104,000 115,000 1.238.607 124,274 148,000 131,377 140.897 1,032,919 12,000 10,000 1,034,919 1,106 230,000 229,810 1,296 172,206 23,000 73,000 122,206 257,786 3.000 0 260,766 176,271 149,000 150,000 175,271 1,688,103 410,000 254,000 1,844,103 767,440 356,000 299,000 824,440 167,734 716,400 800,000 84.134 368,667 0 42,200 316,367 519,023 103,000 140,323 461,700 (49,297) 93,000 172,000 (128,297) 236,264 33,600 6,000 263,764 542,286 5,024,000 6,001,644 (436,358) 314,568 27,500 20,000 322.068 1,239,594 890,000 774,500 1,355.094 17,320 657,200 625,000 49.620 22,767,294 10,907,100 10.337,151 23,337,243 4,566,146 37,876,000 36,150,428 6.291,718 6,011,420 8.262,000 10,938,812 3,334,608 901,253 12,100,000 11,796,876 1,204,377 10,478,964 3,593,000 2,870,363 11.201.601 185,360 7,344,000 7,396,076 133,284 22,143,143 69,176,000 69,162,666 22,165,668 (203,751) 2,768,000 3,904,882 (1,340,633) 303,172 2,737,000 1,375,000 1,665,172 1,762,272 2,864,000 709,222 3,917.060 511,262 2,835,000 2,977,813 368.449 16,304.286 1,430,000 3,038,405 14.695,881 5,215,017 7,062,000 7.200,000 6,067,017 23,892,258 19,686,000 19,206,322 24,372,936 892,122 1,649,000 1.191,370 1,349,762 : 892,122 1,649,000 1,191,370 1,349,762 IGENERALFUND TOTAL GENERAL FUND SPECIAL REVENUE AFFORDABLE HOUSING BUENA VISTA CHANNEL MAINTENANCE CITIZEN'S OPTION FOR PUBLIC SAFETY COMMUNITY ACTIVITY GRANTS COMMUNITY DEVELOPMENT BLOCK GRANT CULTURAL ARTS DONATIONS LIBRARY AND ARTS ENDOWMENT FUND LIBRARY GIFTS/BEQUESTS LIGHTING AND LANDSCAPING DISTRICT NO 2 LOCAL CABLE INFRASTRUCTURE FUND MEDIAN MAINTENANCE PARKING IN LIEU POLICE ASSET FORFEITURE POLICE GRANTS RECREATION DONATIONS RENTAL ASSISTANCE - SECTION 8 SENIOR DONATIONS STREET LIGHTING STREET TREE MAINTENANCE TOTAL SPECIAL REVENUE ENTERPRISE WATER OPERATIONS RECYCLED WATER OPERATIONS WASTEWATER OPERATIONS SOLID WASTE MANAGEMENT GOLF COURSE TOTAL ENTERPRISE INTERNAL SERVICE WORKERS' COMPENSATION RISK MANAGEMENT SELF-INSURED BENEFITS VEHICLE MAINTENANCE VEHICLE REPLACEMENT INFORMATION TECHNOLOGY TOTAL INTERNAL SERVICE I REDEVELOPMENT OBLIGATION RETIREMENT FUNDS VILLAGE RDA OBLIGATION RETIREMENT FUND TOTAL REDEVELOPMENT OBUGATION RETIREMENT FUNDS ITOTAL OPERATING FUNDS $224,460,100 $223,723,428 $140,009,604 j FOR THE GENERAL FUND ONLY THIS REPRESENTS UNASSIGNED FUND BALANCE, B-19 3^ CITY OF CARLSBAD OPERATING FUNDS PROJECTED FUND BALANCES FUND PROJECTED PROJECTED BALANCE ESTIMATED ADOPTED BALANCE JULY 1,2014 REVENUES BUDGET JUNE 30, 2016 $68,784,086 • $127,264,000 $124,502,162 $71,546,923 ' 68,784,085 127.264,000 124.602.162 71,545,923 15,385,726 1,365,000 637,380 16,213,348 1,238,607 112,000 106,276 1,244,332 140,897 125,000 142,368 123,529 1,034,919 10,000 14,000 1,030,919 1,296 650,000 94,639 666,657 122,206 33,000 74,600 80,706 260,786 2,000 4,000 268,786 175,271 130,000 50,376 254,896 1,844,103 564,000 251.476 2,146,627 824,440 367,000 622.138 669,302 64.134 844,000 843,833 84,301 316.367 0 44,000 272.367 481.700 55,000 181,140 366.660 (128,297) 0 0 (128.297) 263,764 38,000 80,500 221.264 (436.368) 5,525,000 6.249,055 (1.169,413) 322.068 26,000 36,600 310,468 1.366,094 872,000 860,276 1,366,818 49,520 517,000 533,345 33,176 23,337,243 11,224,000 10.625,900 23,936,343 6,291,718 39,911,920 37,828,272 8,375,366 3,334,608 8,633,475 7.576,742 4,392,341 1.204,377 12,103,119 12,382.263 925,233 11,201,601 3,618,662 3.513.918 11,206,345 133,284 7,626,796 7,477,931 282,148 22,165,588 71,793,971 68,778,126 26,181,433 (1,340,633) 3,701,230 2,026,466 334,131 1,665,172 1.951,490 1,809,248 1,807,414 3,917,050 901,660 3,664,614 1,264,096 368,449 3,268,711 3,269,004 368,166 14,695,681 1,680,625 1,962,600 14,424,006 6.067,017 8.202.753 9.308,566 3,961,205 24,372,936 19,706,469 21,920,397 22,169,008 1,349,762 2,017,828 1.316.279 2,052,301 1,349,752 2,017.828 1,315.279 2,062,301 [GENERAL FUND TOTAL GENERAL FUND SPECIAL REVENUE INTERNAL SERVICE WORKERS' COMPENSATION RISK MANAGEMENT SELF-INSURED BENEFITS VEHICLE MAINTENANCE VEHICLE REPLACEMENT INFORMATION TECHNOLOGY TOTAL INTERNAL SERVICE AFFORDABLE HOUSING BUENA VISTA CHANNEL MAINTENANCE CITIZEN'S OPTION FOR PUBLIC SAFETY COMMUNITY ACTIVITY GRANTS COMMUNITY DEVELOPMENT BLOCK GRANT CULTURAL ARTS DONATIONS LIBRARY AND ARTS ENDOWMENT FUND LIBRARY GIFTS/BEQUESTS LIGHTING AND LANDSCAPING DISTRICT NO, 2 LOCAL CABLE INFRASTRUCTURE FUND MEDIAN MAINTENANCE PARKING IN LIEU POLICE ASSET FORFEITURE POLICE GRANTS RECREATION DONATIONS RENTAL ASSISTANCE - SECTION 8 SENIOR DONATIONS STREET LIGHTING STREET TREE MAINTENANCE TOTAL SPECIAL REVENUE I ENTERPRISE WATER OPERATIONS RECYCLED WATER OPERATIONS WASTEWATER OPERATIONS SOLID WASTE MANAGEMENT GOLF COURSE TOTAL ENTERPRISE I REDEVELOPMENT OBLIGATION RETIREMENT FUNDS VILLAGE RDA OBLIGATION RETIREMENT FUND TOTAL REDEVELOPMENT OBLIGATION RETIREMENT FUNDS TOTAL OPERATING FUNDS $140,009,604 $232,006,268 $144,874,0081 FOR THE GENERAL FUND ONLY THIS REPRESENTS UNDESIGNATED, UNRESERVED FUND BALANCE B-20 3ip CITY OF CARLSBAD OPERATING FUNDS REVENUE ESTIMATES Exhibit 3/ REVENUE SOURCE ACTUAL REVENUE 2012-13 PROJECTED REVENUE 2013-14 ESTIMATED REVENUE 2014-15 CHANGE AS % OF FY 13-14 PROJECTED DIFFERENCE 2013-14 TO 2014-16 GENERAL FUND TAXES PROPERTY TAX SALES TAX TRANSIENT TAX FRANCHISE TAX BUSINESS LICENSE TAX TRANSFER TAX TOTAL TAXES INTERGOVERNMENTAL VEHICLE UCENSE FEES HOMEOWNERS EXEMPTION OTHER INTERGOVERNMENTAL TOTAL INTERGOVERNMENTAL LICENSES AND PERMITS BUILDING PERMITS OTHER LICENSES & PERMITS TOTAL LICENSES & PERMITS CHARGES FOR SERVICES PLANNING FEES BUILDING DEPT FEES ENGINEERING FEES AMBULANCE FEES RECREATION FEES OTHER CHARGES OR FEES TOTAL CHARGES FOR SERVICES FINES AND FORFEITURES INCOME FROM INVESTMENTS AND PROPERTY- INTERDEPARTMENTAL CHARGES OTHER REVENUE SOURCES TOTAL GENERAL FUND $61,232,218 29.301.079 14.702.411 6.117.586 3.833.584 1,058,343 105,245,221 56,196 362.631 1.106.325 1,524.153 869.367 1,147,006 2,016,363 567,439 747,286 768.102 2.368.600 1.580.386 670.379 6.702,192 1,354,405 $123,390,740 $49,968,000 31,107,000 15,971,000 4,885,000 3,677,000 1.097,000 106,706,000 46,000 366,000 618,000 1,019,000 736.000 723.000 147.000 553.000 627.000 2.260,000 2,114,000 509,000 6,210,000 680.000 2,388.000 3.718.000 $123,043,000 $51,680,000 31,674.000 16,450,000 4,990,000 3,824,000 1,080,000 109,598,000 0 357,000 618,000 975,000 879,000 866.000 1.745.000 176.000 662.000 760.000 2.326,000 2,703,000 520,000 7,137,000 865.000 32% 18% 30% 2.2% 4.0% -16% 2 7% -100 0% 0,6% 0.0% -4.3% 19.6% 19.8% 19 7% 19.7% 19.6% 2 9% 27 9% 2.2% 14 9% 0.0% 00% 3.4% $1,612,000 567,000 479.000 106.000 147,000 (17,000) 2,893,000 (46,000) 2,000 0 (44.000) 144.000 143,000 287,000 29,000 109,000 123,000 66,000 689.000 11.000 927,000 • INTEREST IS CALCULATED ON AN AMORTIZED COST BASIS B-21 CITY OF CARLSBAD OPERATING FUNDS REVENUE ESTIMATES REVENUE SOURCE ACTUAL REVENUE 2012-13 PROJECTED REVENUE 2013-14 ESTIMATED REVENUE 2014-15 CHANGE AS % OF FY 13-14 PROJECTED DIFFERENCE 2013-14 TO 2014-15 I SPECIAL REVENUE FUNDS AFFORDABLE HOUSING AFFORDABLE HOUSING FEES FEDERAL GRANT PROPERTY TAX INTEREST OTHER TOTAL AFFORDABLE HOUSING BUENA VISTA CHANNEL MAINTENANCE BUENA VISTA FEES INTEREST TOTAL BUENA VISTA CHANNEL MAINTENANCE CITIZEN'S OPTION FOR PUBLIC SAFETY STATE FUNDING (AB3229) TOTAL CITIZENS OPTION FOR PUBLIC SAFETY COMMUNITY ACTIVITY GRANTS INTEREST TOTAL COMMUNITY ACTIVITY GRANTS COMMUNITY DEVELOPMENT BLOCK GRANT FEDERAL GRANT INTEREST OTHER TOTAL COMMUNITY DEVELOPMENT BLOCK GRANT CULTURAL ARTS DONATIONS DONATIONS INTEREST OTHER TOTAL CULTURAL ARTS DONATIONS LIBRARY AND ARTS ENDOWMENT FUND INTEREST TOTAL LIBRARY AND ARTS ENDOWMENT FUND LIBRARY GIFTS/BEQUESTS GIFTS/BEQUESTS INTEREST TOTAL LIBRARY GIFTS/BEQUESTS LIGHTING AND LANDSCAPING DISTRICT NO, *2 LLD #2 FEES INTEREST OTHER TOTAL LIGHTING AND LANDSCAPING DIST, NO #2 LOCAL CABLE INFRASTRUCTURE FUND CABLE FEES INTEREST TOTAL LOCAL CABLE INFRASTRUCTURE FUND MEDIAN MAINTENANCE MEDIAN MAINTENANCE FEES INTEREST OTHER TOTAL MEDIAN MAINTENANCE PARKING IN LIEU IN LIEU FEES INTEREST TOTAL PARKING IN LIEU POLICE ASSET FORFEITURE ASSET FORFEITURES INTEREST TOTAL POLICE ASSET FORFEITURE POLICE GRANTS FEDERAL GRANT TOTAL POLICE GRANTS $1,120,220 831.073 454 148.609 1,091,830 3,192,186 85,539 1.940 178,583 178,583 1,164,716 433 254,016 1,419.166 56,350 155 57,106 127,381 654 467,971 1,994 6,400 475,365 368,971 1,264 357,401 73 383,761 741,235 0 756 756 106,629 180 665,193 $1,676,000 50,000 0 165.500 46,000 1,927,500 92,000 12,000 12,000 230,000 0 0 230,000 22,000 1,000 0 23,000 3,000 147,000 2,000 390,000 14,500 5,600 410,000 348,000 8,000 369,000 0 367,400 716,400 104,000 6,000 109,000 97,000 6,000 103.000 $170,000 700,000 177,000 150.000 168,000 1,366,000 100,000 12,000 112,000 10,000 10.000 530,000 0 120.000 660.000 26.000 0 7,000 33,000 2.000 130,000 0 536,000 19,000 0 654,000 60,000 7,000 359,000 0 485,000 844,000 50,000 6,000 66,000 -89.9% 1300.0% 0,0% -3.6% 266.2% -29-2% 8.7% 0.0% -16,5% -16,6% 1304% 0,0% 0,0% 182,6% 18.2% -100,0% 0.0% 43.6% •11.6% -100 0% 37,2% 31,0% -100.0% 35.1% 36% -12 6% 0.0% 0,0% 357% 17.8% -100 0% -100 0% •100.0% -486% •167% ($1,506,000) 650,000 177,000 (6,600) 122,000 (662,500) 8,000 0 8,000 (23,000) (23,000) (2,000) (2,000) 300,000 0 120,000 420,000 4,000 (1,000) 7,000 10,000 (1,000) (1,000) (17,000) (2,000) (19,000) 146,000 4,600 (6,500) 144,000 12,000 (1,000) 0 0 127.600 127,600 (104.000) (5,000) (109,000) (47,000) (1,000) (48,000) (93,000) (93,000) B-22 33 CITY OF CARLSBAD OPERATINtS FUNDS REVENUE ESTIMATES REVENUE SOURCE ACTUAL REVENUE 2012^13 PROJECTED REVENUE 2013^14 ESTIMATED REVENUE 2014^15 CHANGE AS % OF FY 13-14 PROJECTED DIFFERENCE 2013-14 TO 2014-16 I SPECIAL REVENUE FUNDS • CONTINUED RECREATION DONATIONS DONATIONS & GRANTS INTEREST TOTAL RECREATION DONATIONS RENTAL ASSISTANCE FEDERAL GRANT INTEREST OTHER TOTAL RENTAL ASSISTANCE SENIOR DONATIONS DONATIONS INTEREST OTHER TOTAL SENIOR DONATIONS STREET LIGHTING STREET LIGHTING FEES OTHER INTEREST TOTAL STREET LIGHTING STREET TREE MAINTENANCE TREE MAINTENANCE FEES INTEREST OTHER TOTAL STREET TREE MAINTENANCE TOTAL SPECIAL REVENUE FUNDS 42,694 426 6,263,810 3,723 27,573 6,295,106 121,497 351 16,110 136,958 731,952 719,946 3,726 1,455,622 463,949 93 151.680 615,722 32,000 1,500 5,000,000 5,000 19,000 5,024,000 12,000 3,500 12,000 27,500 731,000 146,500 12,500 890,000 463,000 0 194,200 667,200 38,000 0 38,000 6,620,000 6,000 0 5,525,000 10,000 0 15,000 25,000 731.000 129,000 12,000 872,000 463,000 0 64,000 517,000 $15,960,718 $10,907,100 $11,224,000 -100,0% 10.4% 0,0% -100.0% 10,0% -16,7% -100,0% 25.0% -9.1% 0.0% -12.0% -4,0% -2,0% 0.0% 0.0% •72.2% •21,3% 6,000 (1,500) 4,500 520,000 0 (19,000) 601,000 (2,000) (3,500) 3,000 (2,500) 0 (17,500) (500) (18,000) 0 0 (140,200) (140,200) B-23 39 REVENUE SOURCE CITY OF CARLSBAD OPERATING FUNDS REVENUE ESTIMATES ACTUAL PROJECTED ESTIMATED CHANGE AS % DIFFERENCE REVENUE REVENUE REVENUE OF FY 13-14 2013-14 TO 2012^13 2013-14 2014-15 PROJECTED 2014-16 $25,059,601 $25,100,000 $26,486,670 5,6% $1,385,670 8,853,504 9,000,000 9,497,250 5,6% 497,250 2,905,812 2,758,000 2,861,500 38% 103,500 146,308 130,000 136,000 3,9% 6,000 134,266 130,000 136,000 3,9% 5,000 334,763 266.000 267,500 49% 12,600 (10,661) 68.000 68,500 0.7% 600 77,615 55.000 57,000 36% 2,000 110.356 75,000 87,000 160% 12,000 1,936,867 305,000 316,500 3,8% 11,500 3a,S48,44l i7.m.M 39,911,920 5.4% 2,635,S26 6,126,951 6,300,000 6,550,000 4,0% 250.000 635,115 660,000 660,000 0,0% 0 1,229,340 1.150,000 1,260,000 8.7% 100.000 15,348 52.000 0 -100,0% (62.000) 156,388 100,000 173,475 73,5% 73.475 8,163,142 8,562,O0O 8,633,475 4.5% 11,733,423 11,700,000 11,700,000 0.0% 0 36,697 36.000 35,000 0,0% 0 180,097 176,000 180,000 2.9% 5,000 89,284 75.000 80,000 6.7% 5,000 45,756 76,000 63.119 -17.0% (12,881) 23,468 39,000 46,000 16,4% 6,000 12,108,716 12,100.000 12,103,119 0,0% 3,119 18,690 118.000 112,000 -5,1% (6,000) 289,201 299,000 300,000 03% 1,000 57,597 60,000 69,000 -1 7% (1,000) 2,679,386 2,664,000 2,670,700 0 6% 16,700 319,160 462,000 376,962 -184% (86,038) 3,364,034 3,693,000 3,518,662 -2 1% (74,338) 90,069 0 162 0.0% 162 6,277,627 6,345,000 6,695,403 4,0% 260,403 409,605 999,000 1,031,240 3.2% 32.240 5,y7?,291 A344,600 7,626,795 3,9% 282.795 $69,961,623 $69,175,000 $71,793,971 3,8% $2,518,971 I ENTERPRISE FUNDS WATER OPERATIONS WATER SALES READY TO SERVE CHARGES PROPERTY TAXES NEW ACCOUNT CHARGES BACK-FLOW PROGRAM FEES PENALTY FEES INTEREST ENGINEERING OVERHEAD SERVICE CONNECTION FEES OTHER TOTAL WATER OPERATIONS RECYCLED WATER OPERATIONS WATER SALES READY-TO-SERVE CHARGE RECYCLED WATER CREDITS INTEREST OTHER TOTAL RECYCLED WATER OPERATIONS WASTEWATER OPERATIONS SERVICE (JMARGES MISC SEWER ENGINEERING OVERHEAD PENALTY FEES INTEREST OTHER TOTAL WASTEWATER OPERATIONS SOLID WASTE MANAGEMENT INTEREST RECYCLING FEES (AB939) PENALTY FEES TRASH SURCHARGE OTHER TOTAL SOLID WASTE MANAGEMENT GOLF COURSE OPERATIONS -IFntREST CHARGES FOR SERVICES OTHER TOTAL GOLF COURSE OPERATIONS TOTAL ENTERPRISE FUNDS B-24 REVENUE SOURCE ACTUAL REVENUE 2012-13 CITY OF CARLSBAD OPERATING FUNDS REVENUE ESTIMATES PROJECTED REVENUE 2013-14 ESTIMATED REVENUE 2014-15 CHANGE AS % OF FY 13-14 PROJECTED DIFFERENCE 2013-14 TO 2014-16 {INTERNAL SERVICE FUNI^ WORKERS' COMPENSATION INTERDEPARTMENTAL INTEREST OTHER TOTAL WORKERS' COMPENSATION $1,501,120 8,281 761,194 2,270,595 ' $1,501,000 76.000 1,192,000 2,768,000 $1,661,230 50,000 2.000,000 3,701,230 RISK MANAGEMENT INTERDEPARTMENTAL INTEREST OTHER TOTAL RISK MANAGEMENT SELF-INSURED BENEFITS 1.858,550 455 21,059 1,880,074 1,952,000 18.000 767,000 i.?37,6o6 1,961,490 0 0 1,961,495' INTERDEPARTMENTAL OTHER TOTAL SELF^INSURED BENEFITS VEHICLE MAINTENANCE 748,805 1,884,286 2,633!091 749,000 2,115,000 2,864,000 786,920 114,740 901.660 INTERDEPARTMENTAL INTEREST OTHER TOTAL VEHICLE MAINTENANCE VEHICLE REPLACEMENT 2.861,958 (2,382) 32,660 2,892,136 2,795,000 0 40,000 j,6ai,06o 3,239,711 0 29,000 3,268,711 INTERDEPARTMENTAL INTEREST OTHER TOTAL VEHICLE REPLACEMENT INFORMATION TECHNOLOGY 1,820.012 26.068 48,087 1,894,167 1,251,000 179,000 0_ 1,430.000 1,680,625 0 0 1,580,625 INTERDEPARTMENTAL INTEREST OTHER TOTAL INFORMATION TECHNOLOGY 6,666,906 7,929 23,330 6,688,164 6,983,000 63,000 6,000 8,176,353 26,400 0 8,202,763 TOTAL INTERNAL SERVICE FUNDS $18,268,227 $19,686,000 $19.706.469 10,0% -33.3% 67 8% 00% -100 0% -100.0% -W7W 6 1% -94.6% -6ti% 15 9% 00% -27.5% -WW 34 3% -100.0% 0.0% 17.5% 17,1% -68.1% -100.0% 16.3% $150,230 (25,000) 808,000 (510) (18,000) (767,000) (7as;5ioi 37,920 (2,000,260) (1,962!340) 444,711 0 (11,000) 433,711 429,626 (179,000) 0 250,525 1,193,363 (36,500) (6^000) 1,150J53 $20,469 I REDEVELOPMENT 6BLIGATI0N RETIREMENT FUNDSl VILLAGE RDA OBLIGATION RETIREMENT FUND TAX INCREMENT INTEREST OTHER TOTAL VILLAGE OPERATIONS / DEBT SERVICE 639,618 64,848 2.920,979 1,646.000 3,000 0 3,625,445 1,549,000 1,997.828 20,000 0 2,0lt,6i8 TOTAL REDEVELOPMENT FUNDS $3,525,445 $1,649,000 $2,017,828 21.4% 566,7% 00% 22.4% 351.828 17,000 0 IT6TAL 6P^RATING FUND5~ $231,196,763 $224,460,100" $232,006,268 $7,646,168 I B-25 DEPARTMENT CITY OF CARLSBAD OPERATING FUNDS BUDGET EXPENDITURE SCHEDULE 2011-12 ACTUAL* 2012-13 ACTUALS 2013-14 ESTIMATED EXPENDITURES 2013-14 BUDGET 2014-15 BUDGET Exhibit 4 %INCR/(DECR) 13- 14 BUD TO 14- 15 BUD IGENERALFUND POLICY AND LEADERSHIP GROUP CITY COUNCIL CITY ATTORNEY CITY CLERK CITY MANAGER CITY TREASURER COMMUNITY OUTREACH AND ENGAGEMENT TOTAL POLICY AND LEADERSHIP GROUP ADMINISTRATIVE SERVICES FINANCE HUMAN RESOURCES RECORDS MANAGEMENT TOTAL ADMINISTRATIVE SERVICES COMMUNITY DEVELOPMENT COMMUNITY AND ECONOMIC DEVELOPMENT HOUSING AND NEIGHBORHOOD SERVICES TOTAL COMMUNITY DEVELOPMENT COMMUNITY SERVICES LIBRARY AND CULTURAL ARTS PARKS AND RECREATION TOTAL COMMUNITY SERVICES PUBLIC SAFETY FIRE POLICE TOTAL PUBLIC SAFETY PUBLIC WORKS PROPERTY AND ENVIROMENTAL MANAGEMENT TRANSPORTATION STORM DRAIN ENGINEERING TOTAL PUBLIC WORKS $337,699 1,289,939 124,036 1,442,294 183,730 638.541 4.016.139 3.396,659 2,285,191 687,969 6,368,819 7,035,103 499,230 7.634,333 10.418,263 12,160,698 22,578,961 17,034,490 27,506,352 44,640,842 4,707,149 8,327,015 237,203 13,271,367 $364,428 1,286,037 101,502 1,737,511 186,597 698,799 4,363,874 3,248,400 2,293,016 650,547 6,191,962 6,961,921 522,669 7,484,690 10,282,856 11,603,390 21,886,246 17,915,669 27,766,320 46,671,989 4,734,322 8,084,830 270,793 13,089,946 $340,274 1,460,000 336,000 1,765,000 202,061 880,000 4,983,326 4,432,000 2,289,000 292,000 7,013,000 7,749,637 603,095 8,352,732 10,679,637 13,238,000 23,917,637 17,904,427 29,380,439 6.088,818 9,200,000 271,303 15,560,121 $364,866 1,316,806 63,347 1,388,651 207,614 697,185 4,038,369 3,591,465 2,399,628 802,226 6,793,319 6,842,728 598,583 10,394,004 13,198,247 17,777,047 28,746,830 46,523,877 6,666,646 8,696,680 279,098 14,542,224 367,220 1,373,169 631,474 1,874,568 200,226 1,283,257 6,629,904 3,747,584 2,876,229 302,342 6,926,156 J,159,731 721,317 11,228,043 14,697,658 25,926,701 18,933.836 29.077.696 6.100,791 9.277,863 278.334 06% 4,3% 739.0% 35 0% -3.6% 84 1% 394% 4 3% 19 9% -62 3% 2.0% 19 2% 20 5% 8 0% 114% 6 5% 12% 6 7% -03% 16,656,988 7.7% NOTE: ESTIMATED EXPENDITURES MAY EXCEED ADOPTED BUDGET SINCE THEY INCLUDE PRIOR YEAR BUDGET APPROPRIATIONS • ACTUALS, ESTIMATED EXPENDITURES AND BUDGET HAVE BEEN ADJUSTED TO REFLECT THE CITY'S REORGANIZATION IMPLEMENTATION, B-26 CITY OF CARLSBAD OPERATING FUNDS BUDGET EXPENDITURE SCHEDULE DEPARTMENT 2011-12 ACTUAL* 2012-13 ACTUALS 2013-14 ESTIMATED EXPENDITURES 2013-14 BUDGET 2014-16 BUDGET %INCR/(DECR) 13- 14 BUD TO 14- 16 BUD GENERAL FUND - CONTINUED MISCELLANEOUS NON-DEPARTMENTAL EXPENDITURES COMMUNITY CONTRIBUTIONS DUES & SUBSCRIPTIONS LEGAL SERVICES PROFESSIONAL SERVICES OTHER MISCELLANEOUS EXPENDITURES PERSONNEL RELATED PROPERTY TAX & OTHER ADMINISTRATION TOTAL EXPENDITURES TRANSFERS INFRASTRUCTURE REPLACEMENT FUND TRANSFERS TO SELF INSURED BEN -PERS SETASIDE TRANSFERS TO GOLF COURSE TRANSFER TO LLD#1 (MEDIANS & TREES) TRANSFER TO STORM WATER PROGRAM OTHER MISCELLANEOUS TRANSFERS TOTAL TRANSFERS TOTAL MISCELLANEOUS NON-DEPARTMENTAL SUBTOTAL GENERAL FUND CONTINGENCIES TOTAL GENERAL FUND 187,316 54,481 60,656 166,892 367,818 57,904 735,656 7,382.000 1,400.000 1.644,692 473,000 166,497 1,629,806 12,694,896 14.326,618 112,636,069 $112,636,069 136,057 61,492 28,618 392.391 270.516 63,719 586,864 1,527,646 7,547,000 1,800,000 251,072 627,746 246,931 668,661 11,030,310 12,557,966 111,246,662 $111,246,662 30,000 62,000 80,000 675,000 400,000 134,000 560,000 1,931,000 7,800,000 2,000,000 998,649 545,000 263,000 3,197,800 14,794,349 16,725,349 123,837,030 $123.637,030 0 60.000 80,000 476,000 0 176,000 660,000 1,440,000 7,800,000 2,000,000 998,549 646,000 263,000 2,197,800 13,794,349 15,234,349 1,600,000 $119,666,690 0 66,000 80,000 186,000 0 904,632 622,000 1,846,632 8,302,000 0 1,031,240 639,000 261,962 0 10,124,202 11,970,834 123,002,162 1,500,000 -8.3% 00% -61 1% 416.9% -4.3% 64% -100 0% 3 3% -1,1% -0 4% -100 0% -26 6% $124,502,162 B-27 V3 CITY OF CARLSBAD OPERATING FUNDS BUDGET EXPENDITURE SCHEDULE DEPARTMENT 2011-12 ACTUAL' 2012-13 ACTUALS 2013-14 ESTIMATED EXPENDITURES 2013-14 BUDGET 2014-15 BUDGET %INCR/(DECR) 13- 14 BUD TO 14- 15 BUD SPECIAL REVENUE FUNDS AFFORDABLE HOUSING BUENA VISTA CHANNEL MAINTENANCE CITIZEN'S OPTION FOR PUBLIC SAFETY COMMUNITY ACTIVITY GRANTS COMMUNITY DEVELOPMENT BLOCK GRANT CULTURAL ARTS DONATIONS LIBRARY AND ARTS ENDOWMENT FUND LIBRARY GIFTS/BEQUESTS LIGHTING AND LANDSCAPING DISTRICT NO. 2 LOCAL CABLE INFRASTRUCTURE FUND MEDIAN MAINTENANCE PARKING IN LIEU POLICE ASSET FORFEITURE POLICE GRANTS RECREATION DONATIONS RENTAL ASSISTANCE SENIOR DONATIONS STREET LIGHTING STREET TREE MAINTENANCE TOTAL SPECIAL REVENUE FUNDS $668,816 111,753 99,569 1,680 1,287,064 66,417 4,195 117,952 214,644 209,422 769,636 0 247,319 748,169 44,795 6,620,112 16,924 1,180,248 662,694 $13,051,309 $4,211,186 204,468 124,984 46,460 2,096,540 41,142 2,000 91,764 233,666 261,511 730,335 42,359 202,161 643,148 21,296 6,356,546 25,447 861,100 643,490 $16,726,601 $493,297 115,000 131,377 10,000 229,810 73,000 0 150,000 264,000 299,000 800,000 42,200 140,323 172,000 6,000 6,001,644 20,000 774,600 626,000 $10,337,151 $461,067 106,925 125,035 10,000 663,190 58,400 4,000 63,367 246,439 356,738 741,370 42,000 261,761 0 61,969 5,990,386 35,100 882,971 649,668 $10,649,386 $637,380 106,275 142,368 14,000 94,639 74,500 4,000 60,376 261,476 622,138 843,833 44,000 181,140 0 80,500 6,249,066 36,600 860,276 533,345 $10,626,900 166% 03% 13.9% 40 0% -83.2% 27,6% 0 0% -20 6% 2 0% 464% 13 8% 4 8% -28.1% 29 9% 4,3% 4 3% -2 6% -17 9% -0,2% ENTERPRISE FUNDS WATER OPERATIONS RECYCLED WATER OPERATIONS WASTEWATER OPERATIONS SOLID WASTE MANAGEMENT GOLF COURSE OPERATIONS TOTAL ENTERPRISE FUNDS $30,796,638 7,332,486 10.374,682 2,941,131 7,528,196 $68,973,131 $36,016,968 7,264,458 11,388,038 2,861,179 7.665,238 $64.194,881 $36,150,428 10.938,812 11,796,876 2.870,363 7,396,076 $69,162,566 $36,077,284 7,523,438 11,186,622 3,696,771 7,498,961 $66,881,976 $37,828,272 7,575.742 12,382.263 3,513,918 7,477,931 $68,778,126 49% 0 7% 107% -2 3% -0 3% 4 4% INTERNAL SERVICE FUNDS WORKERS' COMPENSATION RISK MANAGEMENT SELF-INSURED BENEFITS VEHICLE MAINTENANCE VEHICLE REPLACEMENT INFORMATION TECHNOLOGY TOTAL INTERNAL SERVICE FUNDS $2,236,634 1,356.762 892.560 2.773.322 1,406,396 6,298,298 $14,962,862 $3,962,146 1,871,775 3,404,933 2,702,769 660,649 6,141,226 $18,743,398 $3,904,882 1,375,000 709,222 2.977.813 3,038,406 7,200,000 $19,205,322 $1,774,781 1,701,927 1,621,397 2,874,734 1,287,666 8,088,407 $17,248,811 $2,026,466 1,809,248 3.554,614 3,269,004 1,962,600 9,308,666 $21,920,397 14.2% 6.3% 1336% 13,7% 61,6% 16 1 % 27 1% I REDEVELOPMENT OBLIGATION RETIREMENT FUNDS j VILLAGE RDA OBLIGATION RETIREMENT FUND sec RDA OBLIGATION RETIREMENT FUND TOTAL REDEVELOPMENT $1,473,037 146,863 $1,619,900 $763,349 0 $763,349 $1,191,370 0_ $1,191,370 $1,291,415 0_ $1.291,415 $1,316,279 0 $1,315,279 TOTAL OPERATING FUNDS $201,243,271 $211,674,791 $223,723,428 $214,737,278 $227,141,864 5 8% General Fund Non GF $124,502,162 102,639,702 $227,141,864 NOTE: Estimated expenditures may exceed Adopted Budget since they include prior year budget appropriations. B-28 Exhibit 5 PERSONNEL ALLOCATIONS FINAL BUDGET 2012-13 FINAL BUDGET 2013-14 FINAL BUDGET 2014-15 2014-15 CHANGES CITY ATTORNEY 7.00 7.00 7.00 0.00 CITY CLERK 0.00 0.00 3.00 3.00 CITY COUNCIL 1.00 1.00 1.00 0.00 CITY MANAGER 7.00 7.00 7.00 0.00 CITY TREASURER 0.75 0.75 0.75 0.00 COMMUNICATIONS 2.75 2.75 4.75 2.00 COMMUNITY AND ECONOMIC DEVELOPMENT 47.00 44.00 44.00 0.00 FINANCE AND RISK MANAGEMENT 30.50 31.50 31.50 0.00 FIRE 87.75 88.00 89.00 1.00 HOUSING AND NEIGHBORHOOD SERVICES 10.00 10.00 12.00 2.00 HUMAN RESOURCES & WORKERS COMP 9.00 9.00 11.00 2.00 INFORMATION TECHNOLOGY 22.50 22.50 22.50 0.00 LIBRARY & ARTS 51.25 51.25 50.25 (1.00) PARKS AND RECREATION 68.40 67.60 61.60 (6.00) POLICE 161.00 161.00 162.00 1.00 PROPERTY AND ENVIRONMENTAL MANAGEMENT 40.55 40.60 40.90 0.30 RECORDS MANAGEMENT 6.00 5.00 2.00 (3.00) TRANSPORTATION 54.40 53.40 55.90 2.50 UTILITIES 67.65 65.40 64.60 (0.80) FULL AND 3/4 TIME LABOR FORCE 674.50 667.75 670.75 3.00 SUMMARY OF REQUESTED LABOR FORCE BY CATEGORY 2012-13 2013-14 FY 2014-15 Difference Full Time Personnel 3/4 Time Personnel in Full Time Count Limited Term Personnel Unfunded Full Time Positions Hourly Full Time Equivalent Personnel 669.00 4.50 1.00 0.00 132.58 661.00 3.75 2.00 1.00 150.58 666.00 3.75 0.00 1.00 157.77 5.00 0.00 (2.00) 0.00 7.19 TOTAL LABOR FORCE* 807.08 818.33 828.52 10.19 B-29 Exhibit 6 FY 2014-15 MASTER FEE SCHEDULE CHANGES For FY 2014-15 it is proposed that fees be changed by the one year increase in their associated index, unless, the actual cost of providing the service can't accept the indexed increase. In this instance the fee will be set at the cost of service. Below is a list ofthe indexes and the fees that are associated with them: INDEX ONE YEAR ASSOCIATED FEES West Urban CPI 1.48% General City and Development Related Service Fees Ambulance Inflation Factor 1.00% Ambulance Fees INDEX ONE YEAR ASSOCIATED DEVELOPMENT IMPACT FEES January ENR 4.47% PLDA Fees and License Tax on New Construction Mobile Homes April ENR 4.33% All Other Develop. Impact Fees ( Sewer Benefit Area, Sewer Connection, Water District, and Bridge & Thoroughfare District #2) December ENR 4.55% Bridge & Thoroughfare District #3 April San Diego CPI 1.31% Habitat Mitigation Fee Cal Trans CCI 8.2% Traffic Impact Fees The following fees are proposed to change for FY 2014-15: NEW FEES: Community & Economic Development-Non Conforming Permit-$697. Code amendment allowing non-conforming structures and uses to be repaired/altered. Building Valuation Multipliers will be added as a schedule to the Development Related Service Fees. This fee has always been charged it is just being added to the Master Fee Schedule. Ambulance Fee-Advanced Life Support 1-Resident-Plus Level I or Level II Supplies and Medications- $1,150. Ambulance Fee-Advanced Life Support 1-Non-Resident-Plus Level I or Level II Supplies and Medications-$1,250. Ambulance Fee-Advanced Life Support 2-Resident-Plus Level II Supplies and Medications-$1,250. Ambulance Fee-Advanced Life Support 2-Non-Resident-Plus Level II Supplies and Medications-$1,350. Ambulance Transport-Community Paramedicine BLS-Resident-$938.26. Fee to transport stable patients to an alternate destination (i.e. Kaiser). o o o Exhibit 6 o Ambulance Transport-Community Paramedicine ALS-Resident-Plus Level I or Level II Supplies & Medications-$1,150 o Ambulance Transport-Community Paramedicine-Level I Supplies and Medications-$125. o Ambulance Transport-Community Paramedicine-Level ll-Supplies and Medications-$250. o Parks-Major Trail Plan Check>l Mile-Sl,400. This fee is part of the cost of service study and is currently being charged. It is just being added to the Master Fee Schedule, o Parks-Minor Trail Plan Check <1 Mile - $700. This fee is part of the cost of service study and is currently being charged. It is just being added to the Master Fee Schedule, o Parks-Trails lnspection-$300. This fee is part of the cost of service study and is currently being charged. It is just being added to the Master Fee Schedule. INCREASED FEES: o Ambulance Fee-Advanced Life Support l-Assessment going from $156.38 to $200. o Ambulance Fee-Mileage Charge-per mile going from $17.72 to $23. o Ambulance Fee-Oxygen Charge going from $67.76 to $75. o Waste Management trash collection fees are listed on the Master Fee Schedule but are a pass through fee. These fees are increasing for FY 2014-15. o Street Light Energizing Fees are increasing due to a rate increase from SDG&E. o Fish & Wildlife Fee-EIR and Fish & Wildlife Fee-Negative Declaration are set by the Department of Fish and Wildlife and are pass through fees. REDUCED FEES: o Police-Report Copy (Free to Victim) Plus Cost of Reproduction is being reduced from $16 to $10. o Community & Economic Development-Certificate of Compl. In Lieu of Parcel Map is being reduced from $3,580 to $3,000 because process/application is simpler and cost to provide service was reevaluated. DELETED FEES: o Ambulance Fee Supplies Charge The following fees are being deleted because of code amendment changes that don't require these fees anymore: o Community & Economic Development-Administrative Permit-IODA. o Community & Economic Development-Daycare Permit-Center Admin Pmt. o Community & Economic Development-Daycare Permit-Extension. o Community & Economic Development-PD/Condo-Minor Amendment. o Community & Economic Development-Planned Industrial Permit. o Community & Economic Development-Planned Industrial Permit-Amendment. HI Exhibit 6 TITLE CHANGES: CURRENT FEE DESCRIPTION NEW FEE DESCRIPTION Campaign Sign Permit (plus a $200 refundable deposit) Campaign Sign Permit Curb Cafe Permit Curb Cafe Permit-Village Review Area Hillside Dev Permit - Single Family Lot Hillside Dev Permit-Minor Hillside Dev Permit Amendment - Single Family Lot Hillside Dev Permit Amendment-Minor Park In Lieu Fee - Village Redevelopment Area Park In Lieu Fee - Village Area Sidewalk Cafe Permit - Village Review Area Sidewalk Tables and Chairs-Village Review Area Village Area Sidewalk Outdoor Dining and Curb Cafe (max of 2 parking spaces) Village Area Sidewalk Outdoor Dining and Curb Cafe (max of 2 parking spaces) Annual MOVED TO ANOTHER PUBLICATION: o Library Facility Fees and Schulman Auditorium Audio/Video Service Fees will be moved off the Master Fee Schedule to a departmental publication. "is FY 2014‐15Preliminary Operating BudgetJune 3, 20141 FY 2014‐15 Budget CalendarCouncil Meetings:–May 20 –CIP workshop–Set public hearing for June 17–June 3 – Operating Budget Workshop–June 17 – Public hearing and adoption of Fiscal Year 2014‐15 Operating and Capital BudgetsOther Public Meetings:–June 5 – Citizens Budget Workshop ‐Faraday, 6 p.m. FY 2014‐15 Budget Overview•Focus on moving city forward–Align resources with Goals and Priorities–Build for the future•Fiscal Responsibility–Balanced budget–Long‐term sustainability–Healthy reserves City of CarlsbadFY 2014‐15 Combined Budget$307 millionOperating Budget – 74%Capital – 26%General Fund, $125 MSpecial Revenue, $11 MEnterprise, $69 MInternal Service, $22 MCapital Projects, $80 M EmploymentHousingFed PolicyStock Prices5National & Global Outlook U.S. GDP Growth Rate6 Balanced BudgetHousingEmployment7State Perspective Unemployment Rate0246810CACarlsbad/San MarcosSD CountyUS Carlsbad’s Economic Profile•Home prices•Taxable sales•Tourism Median SFR Home Prices General Fund Revenues11 FY 2014‐15 General Fund Revenues $127.3 million12Property Tax (*), $51.6 , 40%Sales Tax (*), $31.7 , 25%Hotel Tax (*), $16.5 , 13%Franchise, $5.0 , 4%Business License, $3.8 , 3%Other , $18.7 , 15% Assessed Values and Property Taxes13 ‐ 10.0 20.0 30.0 40.0 50.0 60.0 ‐ 5.0 10.0 15.0 20.0 25.0FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014f FY 2015eMillionsBillionsAV ResidentialAV Com/IndustProperty Taxes Sales Tax14 15 Transient Occupancy Taxes FY 2014‐15 Operating Revenues by Fund Type = $232 million17General55%Special Revenue5%Redevelopment Obligation Retirement1%Enterprise31%Internal Service8% 2014‐15Proposed Operating Budget Operating Budget ProcessCity Council’s goals and priority projects and services10 year forecast updatedBudget policies set for new fiscal yearDepartments submit requests to FinanceBudget reviewed; City Manager makes recommendations to City CouncilCity Council adopts budget FY 2014‐15 Budget Policies•Continue Excellent City Services•Modest Growth allowed in M&O•Budget & Staff Increases considered for city priorities and goals•Budgetary prudence exercised FY 2014‐15 Full‐Time Position Changes•Addition of 3 full‐time positions (net):–8 full‐time positions eliminated –11 full‐time positions added •Hourly FTE’s 7 new full‐time equivalents:–5.6 FTE for Alga Norte Park–1.4 FTE for other departments FY 2014‐153 Full‐Time Position Additions Additions (11):1.0 Business Systems Specialist1.0 Code Compliance Specialist1.0 Facilities Manager (was limited term)1.0 Fire Marshall1.0 Housing Assistant1.0   Management Analyst1.0   Office Specialist II1.0   Secretary1.0   Senior Applications Analyst1.0   Training Coordinator1.0   Traffic Systems Operator22Eliminations (8):4.0 Parks Maintenance Worker II1.0 Tree Trimmer Lead Worker1.0  Administrative Secretary1.0 Engineering Technician1.0    Administrative Secretary FY 2014‐15 Full‐Time Position Changes (continued)•Total citywide full‐time position count:667.75   FY 2014‐15 total 3.00 Add: net position changes670.75    FY 2014‐15 total City of CarlsbadHistory of Budgeted Full‐Time Positions640650660670680690700710720FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15695.75717.25717.75716.25699684.25674.5667.75670.75 FY 2014‐15 Operating Budget$227 million ‐expendituresGENERAL FUND$125M, 55%SPECIAL REVENUE, RORF, $11M, 5%ENTERPRISE, $69M, 30%INTERNAL SERVICE, $22M, 10% FY 2014‐15 Budget EnhancementsGeneral Fund ‐$2,396,677Other Funds ‐$1,250,48126 Police Department•Collaboration, Innovation, and Engagement •Technology Foundation projects underway–On line crime reporting ‐live in June–Telestaff project  ‐underway–Records Management System ‐begins in the fall•ICMA organizational analysis is underway•Recruitment •Training and professional development•Social media for community inclusion, education and feedback Fire Department•Regional collaboration– Monitoring to capture opportunities•Standardization of equipment–Zoll Medical cardiac monitors•Innovation and efficiencies– Community Paramedicine– Addition of a Fire Marshal position Library & Cultural Arts•Community Arts Grant Program Expansion•Public Art Master Plan29Coastal Helix at the Coastal Rail Trail Roundabout Community and Economic Development•North County Five Cities branding•Life in Action website•Business outreach program•Tourism Strategic Plan•2015 Business Survey30 Community and Economic DevelopmentTechnology Upgrades•New permitting and licensing system (ICDS)•Digital archiving of building plans•CED Analyst position31Succession Planning•Building Inspector intern program•New permitting and licensing system (ICDS)•Cross‐training Community and Economic DevelopmentMajor Upcoming Projects or Priorities•Barrio & Village Master Plan•General Plan Update•Quarry Creek•Cantarini/Holly Springs•Robertson Ranch West Village•ViaSat –Phase 232 Public Works Budget Highlights•Reclassification to traffic systems operations specialist (TSOS) position to improve traffic coordination•Part time technical assistant for PEM•Install “smart” manhole covers to reduce sanitary sewer overflows Public Works Budget Highlights•Two part time technical assistants for facility CIP projects:–Library renovations–Fire station relocation –Fleet renovation Parks and RecreationState Beach Improvements•Picnic facility maintenance–Includes landscape irrigation, hardscape, and restroom/pump station–$75,000 (ongoing)•Coastal bluff maintenance–Including landscape and irrigation–$40,000 (ongoing) Parks and RecreationPark Master Plan Updates•Poinsettia, Aviara, and Pine Avenue Community Parks–Proposals received; agreement expected by end of June–$75,000 (estimate)•Leo Carrillo Ranch Historic Park–Contract awarded to KTU&A; work commences June 2014–$30,000 Sustainable OrganizationBudget Action(s)•Management Analyst •Outside Recruiting Assistance •Class and Comp Studies •Training Coordinator37 Economic DevelopmentBudget Action(s)•Higher Education Goal •Code Compliance Specialist •Housing Assistant 38 Changing Park & Recreation NeedsBudget Action(s)•5.6 FTE part‐time positions39 Technology Budget Action(s)•Digital Records Management Program•IT contractual increases40 Environmental ManagementBudget Action(s)–Meters for new development–Air Vac Assemblies–Smart Covers–Chemicals–Water Hydrants–Grinders, Impellers, Digi Gauges, Odor Controls41 Sustainable OrganizationBudget Action(s)•Utility increases – SDG&E •Utility increases –Water 42 FY 2014‐15 General Fund$124.5 millionPolicy/Leadership, 5.6M, 4%Community & Economic Dev., 6.9M, 5%Administrative Services, 8.9M, 7%Community Services, 25.9M, 21%Public Safety, 48M, 39%Public Works, 15.7M, 13%Non‐departmental, 13.5M, 11%43 FY 2014‐15General Fund Budget Recap Revenues$ 127.3 millionBudget requests $ 124.5 millionProjected remainder $      2.8 million 44 General Fund Balance45Estimated Balance at 7/01/14 $  68.8 millionPlus:   FY 2014‐15 Excess2.8 million= 6/30/15 Estimated Balance(*) $ 71.6 million*Excludes impact of Council Program Options FY 2014‐15 Special Revenue Funds$10.6 millionMaintenance Districts, $2.6M, 25%Local Cable Infrastructure, $0.5M, 5%Other, $1.3M, 12%Housing Programs, $6.2M, 58%46 FY 2014‐15 Internal Service Funds$21.9 millionWorker's Compensation, $2M, 9%Risk Management, $1.8M, 8%Self‐insured Benefits, $3.6M, 16%Vehicle Maint., $3.3M, 15%Vehicle Repl., $1.9M, 9%Information Technology, $9.3M, 43%47 FY 2014‐15Internal Service FundsExpenditure highlights:•Fleet Replacement Equipment ‐$1.9 million–Wastewater Combo Pumper ($500,000)–Transportation ‐Large Paint Truck ($305,000)•I.T. Replacement Equipment‐$1.9 million–VOIP/Voice Over phone system replacement•$2 million transfer to Worker’s Comp fund–Increased claims and liability  FY 2014‐15 Enterprise Funds$68.8 millionWater Operations, $37.8M, 55%Recycled Water, $7.6M, 11%Wastewater Operations, $12.4M, 18%Solid Waste Management, $3.5M, 5%Golf Course Operations, $7.5M, 11%49 Water Purchase Cost Increases•Purchased potable water from San Diego County Water Authority–Wholesale water –3.6% increase–Fixed charges –5% increase Utility Rates51•Two year rate increases approved•January 1, 2015 = second year Fee Update Fee Descriptions•General city fees–Charged for the usage of city services and property•Development related service fees–Charged to recover the cost of staff time & materials spent on development related activities•Development impact fees–Charged to recover  the cost that growth is anticipated to have on city infrastructure53 Fee Escalators•Updated by change in West Urban Consumer Price Index (CPI)–General city fees–Development related service fees •Updated by change in Engineering News Record Index (ENR)–Development impact fees54 Cost of Service•Cost of Service Study was completed last year.–Updated every 2 years•A comparison of the cost to provide the service and the fee requires that a number of fees be reduced. Fee EscalatorsINDEXONE YEAR ASSOCIATED FEESWest Urban CPI1.48%General City and Development Related Service FeesAmbulance Inflation Factor1.00%Ambulance Fees Fee Escalators –Development Impact FeesINDEXONE YEAR ASSOCIATED DEVELOPMENT IMPACT FEESJanuary ENR4.47%PLDA Fees and License Tax on New Construction Mobile HomesApril ENR4.33%All Other Develop. Impact Fees ( Sewer Benefit Area, Sewer Connection, Water Connection, and Bridge & Thoroughfare District #2 )December ENR4.55% Bridge & Thoroughfare District #3April San Diego CPI1.31% Habitat Mitigation Fee Ambulance Fees•Basic Life Support will stay at same rate.•Advanced Life Support is increasing to cover the level of service medicines and supplies, and to bring to fee in line with actual costs.•Ambulance Transport including Community Paramedicine is a new fee for transferring patient to an alternate facility. Library Fees•Library Facility Fees and Schulman Auditorium Audio/Visual Service Fees will be moved off the Master Fee Schedule Other Fee Changes•Adding Parks Trails Plan Check/Inspection that is currently in use•Increase in Street Light Energizing Fee•Increase in Trash Collection Fees•Deleting Fees not in use or eliminated due to code changes•Decrease in fees that exceed Cost of Service•Added fees that were adopted in current fiscal year QUESTIONS Council ActionSet Public Hearing for June 17, 2014 The following slides are not part of the presentation63 Infrastructure Replacement Fund•Funds the replacement of buildings and facilities (non water or sewer)•Annual contribution ($90.7 million)–1998‐99 to 2009‐10: $52.5 million–FY 2010‐11:  $  7.2 million–FY 2011‐12:  $  7.4 million–FY 2012‐13:  $  7.5 million–FY 2013‐14:  $  7.8 million–FY 2014‐15:  $  8.3 million64 65 66 67