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General Fund Expenditures Specific expenditure adjustments are summarized below in Table 5. Table 5. General Fund Expenditure Adjustments Expenditure Adjustments FY 2009 -10 Additional Vacancy Savings (69,550) Reduction in Budgeted Contingency (63,787) Transportation for Clean Air Grant prior year carryover inadvertantly omitted 9,000 Total (124,337) Expenditure adjustments include 3 months additional vacancy savings for the remainder of the fiscal year for a Financial Services Manager and 0.5 FTE Library Clerk, a carryover inadvertently omitted for the remainder of the grant funded Employee and Resident Transportation Survey, and a reduction in the budgeted contingency which is the difference needed to keep the budget in balance. General Fund Reserve Designations There are no recommended changes to General Fund Reserves beyond those previously adopted with the Mid -Year Operating Budget update. Table 6. Summa of Fund Balance Reserve Desi nations General Fund Additional Beginning Recommended Ending General Fund Fund Balance Fund Changes to Fund Reserve Designations Balance Reserves Balance Reserve for Carryovers 2,097,091 2,097,091 10% Reserve for Economic Uncertainties 8,320,000 8,320,000 Capital Projects Reserve Reserve for Golf Debt Service 2,000,000 2,000,000 Temporary Recession Reserve 11,170,000 11,170,000 Total 23,587,089 23,587,089 Enterprise Funds Overview Recommended adjustments for Enterprise Funds include a net increase of $107,553 for the Senior Para Transit Fund. This is a combination of the following changes. Increase of $98,583 from the Measure B Gap Grant for reimbursement of a new bus purchase Increase in Gap Grant funding agreement of $26,423 Reduction of $6,120 in Senior Transit Fares due to fewer requests for door -to- door service in favor of the fixed route service Reduction of $4,889 resulting from a 12% reduction in program funding imposed by the Metropolitan Transportation Commission (MTC). Page 4 of 5