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City's Other Post Employment Benefits (OPEB) CERBT Trust Fund based on
<br />recommendations by the City's actuary and (2) additional vacancies that were not
<br />anticipated during the Mid -year budget review.
<br />The $418,968 savings in Transportation and Training reflects less travel and training
<br />than anticipated as well as an error in LPFD's budget entry that increased the Travel
<br />and Training budget more than LPFD proposed.
<br />The $1,800 savings in Repairs and Maintenance reflect reduced repair contract
<br />expenditures.
<br />The $1,059,011 million savings in Materials, Supplies and Services is the result of the
<br />following over and under expenditures: (1) $724,249 not spent for various contractual
<br />services, (2) $197,804 in various savings from the City closing City owned facilities
<br />during the pandemic such as garbage, electricity and office supplies, (3) $1,044,466 of
<br />the Contingency that wasn't spent, and (4) $826,654 increased water and recycled
<br />water expenses associated with an extended dry year, and (5) $80,854 net increased
<br />expenses in miscellaneous accounts.
<br />The $8,196 increased capital outlay expenses are all related to purchasing more books
<br />and magazines for the library than originally planned.
<br />Tahle 4_ General Fund Exnenditures — Amended Budaet vs. Actual
<br />Transfer of Funds. As shown in Table 5, actual net General Fund transfers out were
<br />less than the Amended Budget by $358,997 due to (1) the Golf Fund's FY 2020/21
<br />year-end surplus of $850,361 that allows for a $500,000 repayment of the Golf loan (2)
<br />reduced Transit Fund subsidy of $200,140 based on actual expenses and revenues,
<br />and (3) reduced Sewer Fund subsidy of $8,248. These are offset by (1) reduced
<br />transfer in from the Retiree Medical Fund of $285,000 to cover the subsidy to retiree
<br />health insurance based on actual costs, (2) increased subsidy of $33,252 to the Water
<br />Fund to cover increased senior and low-income discounts, and (3) reduced Happy
<br />Valley loan repayment of $31,139 based on fee collections.
<br />Page 5 of 14
<br />FY 2020121
<br />FY 2019120
<br />Expenditure Categories
<br />Actual
<br />Revised
<br />Actual
<br />Variance
<br />Personnel
<br />$84,768,798
<br />$88,925,064
<br />$86,665,350
<br />$2,259,714
<br />Transportation & Training
<br />1,256,942
<br />1,548,893
<br />1,129,925
<br />418,968
<br />Repairs & Maintenance
<br />7,074,868
<br />4,079,509
<br />4,077,709
<br />1,800
<br />Materials, Supplies & Services
<br />20,347,597
<br />21,599,057
<br />20,540,046
<br />1,059,011
<br />Capital Outlay
<br />357,892
<br />573,951
<br />582,147
<br />(8,196)
<br />Total Expenditures
<br />$113,806,097
<br />1 $116,726,474
<br />1 $112,995,177
<br />$3,731,298
<br />Transfer of Funds. As shown in Table 5, actual net General Fund transfers out were
<br />less than the Amended Budget by $358,997 due to (1) the Golf Fund's FY 2020/21
<br />year-end surplus of $850,361 that allows for a $500,000 repayment of the Golf loan (2)
<br />reduced Transit Fund subsidy of $200,140 based on actual expenses and revenues,
<br />and (3) reduced Sewer Fund subsidy of $8,248. These are offset by (1) reduced
<br />transfer in from the Retiree Medical Fund of $285,000 to cover the subsidy to retiree
<br />health insurance based on actual costs, (2) increased subsidy of $33,252 to the Water
<br />Fund to cover increased senior and low-income discounts, and (3) reduced Happy
<br />Valley loan repayment of $31,139 based on fee collections.
<br />Page 5 of 14
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