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Operating Transfers
<br /> Operating transfers to the General Fund include a transfer from the Urban Forestry Fund to
<br /> fund 50% of the Landscape Architect Assistant. Operating transfers from the General Fund
<br /> include operating subsidies to the Transit Fund, Storm Drain Fund, Cemetery Fund, and Golf
<br /> Course Fund. There are also transfers from the General Fund to the Water and Sewer Funds
<br /> to fund the senior and low income water and sewer discounts. Under Proposition 218, one
<br /> classification of water customers can not subsidize another. Therefore, if a City desires to
<br /> provide senior and low income discounts to its customers it must fund the discounts through
<br /> the General Fund of the City. Finally, there are transfers from the General Fund to the debt
<br /> service funds for the funding of the annual debt service payments for the OSC and Senior
<br /> Center facilities.
<br /> The change in transfers is due to the following:
<br /> Amount
<br /> • anticipated receipt of TDA Article 4.5 and Measure B funds
<br /> for 2012/13FY for the City's Paratransit Door-to-Door
<br /> program. This will result in a decrease in the subsidy from
<br /> the General Fund for the Paratransit Program. ($225,040)
<br /> • anticipated decrease in golf course net revenues which will
<br /> result in an increase in the General Fund subsidy of the Golf
<br /> Enterprise Fund 270,000
<br /> TOTAL $44,960
<br /> Table 9 presents the Operating Transfers history and the recommended amendments to the
<br /> 2012/13FY:
<br /> Table 9
<br /> General Fund Transfers
<br /> 2012/13FY 2012/13FY
<br /> 2009/10FY 2010/11FY 2011/12FY Original Adjustments Mid-Term
<br /> Operating Transfers Actuals Actuals Midyear Budget (Decreases) Budget
<br /> OPERATING TRANSFERS IN-From:
<br /> Employee Benefits Fund 1,677,306 - - - - -
<br /> UrbanForestry Fund(1/2 of Landscape Arch Assist) 36,850 37,214 37,274 37,274 - 37,274
<br /> OPERATING TRANSFERS OUT-To:
<br /> Self Insurance Reserve (1,000,000)
<br /> PERS Rate Stabilization (1,000,000)
<br /> CIPR for Energy Upgrade Pleasanton Program (161,866)
<br /> Senior&Low Income Water&Sewer Discounts
<br /> Water Fund (220,000) (220,000) (220,000) - (220,000)
<br /> Sewer Fund (110,000) (110,000) (110,000) - (110,000)
<br /> Transit Fund(Subsidy) (384,971) (320,733) (342,416) (597,136) 225,040 (372,096)
<br /> Storm Drain Fund(Subsidy) (330,000) (330,000) (330,000) - - -
<br /> Cemetery Fund(Subsidy) (30,000) (30,000) (30,000) (30,000) - (30,000)
<br /> Golf Debt (300,000) (1,320,000) (1,330,000) (1,050,000) (270,000) (1,320,000)
<br /> Debt Service 2003 COP's (401,470) (404,760) (406,800) - - -
<br /> Debt Service 2004COP's (380,239) (386,000) (386,303) (385,536) - (385,536)
<br /> NET OPERATING TRANSFERS ($112,524) ($5,246,085) ($3,118,245) ($2,355,398) ($44,960) ($2,400,358)
<br /> 7
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