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34 City of Pleasanton Operating Budget • FY 2023/24 - FY 2024/25 <br />Non-Personnel <br />Non-Personnel costs, including transfers, are approximately 31.5 percent of the Operating Budget in <br />FY 2023/24 and 30.1 percent in FY 2024/25. The FY 2023/24 Non-Personnel budget is $1.3 million less <br />than the FY 2023/24 Modified Budget largely due to the following adjustments: <br /> • Reducing transfers to the Capital Improvements Fund. Refer to the General Fund Transfers <br /> section below for full details. <br /> • Increasing funding for insurance costs. The City’s general liability insurance premiums are <br /> projected to go up significantly in FY 2023/24 based on recent trends; notably, premiums <br /> increased by 70.0 percent in FY 2022/23 and are projected to increase by another 23.4 <br /> percent in FY 2023/24. <br /> • Increasing contingency funding for various one-time needs, including the City Council Work <br /> Plan, payment to Costco based on the Sales Tax Revenue Sharing Agreement, revenue <br /> strategy consultant costs, and labor negotiation and related costs. <br /> • Increasing one-time funding for the replacement of LPFD’s equipment and apparatus. <br /> Additionally, LPFD’s existing fire station alerting system is more than 20 years old, and it is <br /> critical that the system remains fully operational at all times. <br /> • Increasing one-time Planning contract service costs; these costs are reimbursable expenses. <br /> • Adding one-time funding to purchase the Mobile Library vehicle. <br />The FY 2024/25 Non-Personnel Budget is $0.8 million less than the FY 2023/24 Budget primarily due <br />to termination of one-time funding, offset by various increases in contractual services. <br />General Fund Transfers <br />Net operating transfers involving the General Fund are approximately $0.5 million annually for FY <br />2023/24 and FY 2024/25. Transfers In include a transfer from the Retiree Medical Fund ($0.8 million <br />in FY 2023/24 and $0.9 million in FY 2024/25) to return the implied subsidy paid by the General <br />Fund on retirees’ medical premiums; a transfer from the Golf Course Operating Fund ($0.5 million <br />annually in FY 2023/24 and FY 2024/25) to repay the General Fund loan originally established to <br />help pay for the Happy Valley infrastructure that was required for the Callippe Golf Course; $2.0 <br />million annually from the Rainy Day Fund for capital improvement projects; $0.7 million over two <br />years from the Business Loan Repayment Fund for expected loan repayments from businesses for <br />funds that were lent out to help businesses during COVID. <br />Transfers Out from the General Fund include operating subsidies to the Transit Fund, Storm Drain <br />Fund, and the Cemetery Fund. There are also transfers from the General Fund to the Water and <br />Sewer Funds to fund the senior and low income water and sewer discounts. Under Proposition <br />218, one classification of water customers cannot subsidize another; therefore, if a city desires <br />to provide senior and low-income discounts to its customers it must fund the discounts through <br />the General Fund of the City. Finally, there is a transfer from the General Fund to the Capital <br />Improvement Fund to fund the City’s Capital Improvement Program (CIP). The General Fund <br />transfer to the Capital Improvement Fund is $2.0 million in each fiscal year to address capital <br />project funding requirements.