CC MIN 05312022 - Laserfiche WebLink

million including Materials, Supplies & Services, Repairs & Maintenance, Transportation & Training, and Capital Outlay. She provided a brief overview of major changes in General Fund Expenditures. Interim Finance Director Shah provided a brief overview of General Fund Transfers and reported there is an increase in Transfer Out of $1.7 million to the City's Capital Improvement Project (CIP) Reserve Fund. She advised there is no change to the Transfers In. She reported there are no mid-term General Fund Reserve changes and projected $33.8 million in the General Fund and $10 million in the Rainy Day Fund by the end of the fiscal year. She advised that will leave $41 million in General Fund Reserves. She explained that City policy requires 25% of operating expenses in reserves. Interim Finance Director Shah reported Enterprise Funds are based on user fees collected from people using specific services such as the Water Fund, Sewer Fund, Cemetery Fund, Golf Fund, Storm Drain Fund, and Transit Fund. Interim Finance Director Shah reported the Water Fund and Sewer Funds are changing. She advised the Water Fund will be experiencing a decrease in revenues of approximately $3.1 million due to the drought. She explained to mitigate the decrease, the Transfer Out to CIP will be decreased by $1.1 million. She advised there are no projects that were directly impacted by this action in the current fiscal year or the fiscal year being proposed. She reported water purchases decreased by $2.5 million because the City is buying less water. Interim Finance Director Shah reported the Sewer Fund is the second largest Enterprise Fund and advised revenues are projected to decrease by about $885,000. She advised it will be mitigated by decreasing the Transfer Out to CIP by $320,000 and decreasing the payment made to Dublin San Ramon Services District. Interim Finance Director Shah provided a brief overview of Internal Service Funds which are used to allocate certain internal costs to departments. Interim Finance Director Shah reported at the last City Council meeting there was a discussion about increased funds for Medians & Trails and Zone 7 access roads. She reported there is a total maintenance budget of $1.4 billion and staff is recommending a more comprehensive study before returning to the City Council. Director of Operations and Water Utilities Kathleen Yurchak reported that at the last City Council meeting there was a discussion of the trails that are Zone 7 access roads. She advised funds have been budgeted to remove some of the failing asphalt this fiscal year and next fiscal year. She noted that $55,000 is allocated annually for maintenance along those roads. She recommends going back and reviewing the Trails Master Plan to direct staff where the priorities are on the trails. Mayor Brown inquired if the Bicycle and Pedestrian Trails Committee would be used to make recommendations. Director Yurchak advised she has talked to Traffic Engineering about utilizing that group along with the Parks and Recreation Commission to help guide the process and provide input into recommendations to City Council. Interim Finance Director Shah provided a brief overview of the Capital Improvement Program. She reported new projects being added and existing projects that are being expanded. She reported the annual General Fund contribution is proposed to increase by $3.5 million. She advised City Development Fees are decreasing by $1.7 million due to a credit adjustment. Interim Finance Director Shah reported the main change is in the miscellaneous category with minor changes in the Park and Water categories. She advised a total of $11.8 million is being proposed to be added. She reported new projects include an OSC Fire Alarm and Notification System for$800,000 and an OSC Generator Replacement for $575,000. She advised additional funding is being proposed for City Council Minutes Page 3 of 11 May 31,2022