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Net expenditure increases of$1.5 million include $600,000 for a contract to develop an
<br /> Operations and Maintenance Program for the Sanitary Sewer Program, $461,000 for a
<br /> crane truck and a combination flusher and vacuum truck, $350,000 for increased
<br /> DSRSD fees, and an increase of$136,000 for additional consultant fees, generator
<br /> rental expenses, wastewater utility billing costs, electricity costs, and winter storm repair
<br /> costs. Please note $600,000 adjustment listed above was previously approved by the
<br /> City Council in FY 2021/22.
<br /> Table 6. Sewer Operations and Maintenance Fund Overview
<br /> FY 2022/23
<br /> Sewer(O&M) Adjusted Budget Adjustments Mid-Year Budget
<br /> Beginning Balance, July 1 $8,499,013 $8,499,013
<br /> Revenues 15,852,500 240,158 16,092,658
<br /> Net Transfers (695,277) 600,000 (95,277)
<br /> Expenses
<br /> DS RS D (10,650,000) (350,000) (11,000,000)
<br /> All other expenses (6,865,212) (1,197,404) (8,062,616)
<br /> Total Expenses (17,515,212) (1,547,404) (19,062,616)
<br /> Net Income ($2,357,989) ($707,246) ($3,065,235)
<br /> Ending Balance, June 30 $6,141,024 1 $5,433,778
<br /> NOTE The projected ending balance includes an unrealized loss of$656,236.
<br /> Other Enterprise Funds — Recommended changes in other enterprise funds include 1)
<br /> decreasing burial fee revenues by $125,000 and corresponding service expenditures by
<br /> $35,000 in the Cemetery Fund; 2) transferring $1,250,000 out of the Golf Operating
<br /> Fund to fund the Golf Repair and Replacement Fund ($750,000) and also paying down
<br /> the General Fund loan ($500,000); 3) increasing expenditures by $258,000 in the Storm
<br /> Drain Fund to cover additional professional and contract services to meet regulatory
<br /> requirements related to habitat mitigation and monitoring, as well as discharge permits;
<br /> and 4) increasing Measure BB revenue in the Transit Fund by $36,000 based on the
<br /> latest Alameda County Transit Authority (ACTC) funding allocation projection, and also
<br /> increasing contract services by $127,000 for upcoming payments to the Livermore
<br /> Amador Valley Transit Authority for its ADA paratransit services.
<br /> Special Revenue Funds
<br /> Recommended changes to special revenue funds include 1) increasing miscellaneous
<br /> supplies, professional and contract service budget in Recycling and Waste
<br /> Management Fund by $254,000 to fund waste management consultant and costs
<br /> associated with Go Green initiatives and compost efforts; 2) decreasing contract
<br /> services budget by $66,000 in Miscellaneous Donations Fund based on delayed work
<br /> schedule; 3) decreasing library grant revenues by $11,000 in Operating Grants Fund
<br /> based on anticipated funding amount for the current fiscal year and also decreasing
<br /> corresponding expenditures by $8,000; 4) increasing community support budget by
<br /> $500,000 in Business Support Fund for Downtown Parklet Grant Program and Outdoor
<br /> Dining Installation Grant Program. Please note this $500,000 adjustment was previously
<br /> approved by the City Council in FY 2021/22.
<br /> Page 7 of 9
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