RES 94042 - Laserfiche WebLink

Recreation Revenues Recreation revenues are estimated to be $1,311,000, which is $12,000 less than the original projections. Summary of General Fund Revenue Projections Adjustments In total, net recommended adjustments to General Fund revenue projections reflect a $164,000 increase, from $32,883,000 to $33,047,000, or about one-half of 1% adjustment. GENERAL FUND TRANSFERS It is recommended that net operating transfers be amended to reflect a decrease of $19,000. The recommended transfers are outlined in Appendix C (starting on page 45). DISCUSSION OF GENERAL FUND EXPENDITURES Midyear Review and Service Level Analysis As part of the 1993-94 Midyear review which was just completed, staff reviewed their year-m- date expenditures through December 1993. The amended Midyear 1993-94 budget will be used as the basis for preparing the base 1994-95 budget for June 1994 adoption. However, a budget panel, consisting of a cross section of staff and middle managers, will be presenting its review of the Service Level Report this spring. It is expected that a series of workshops with the public and Council will be necessary to review staff's final recommendations and alternatives for future years. Once these workshops are completed, staff will then begin incorporating any approved changes into the 1994-95 budget. It is expected that this will occur during the first quarter of 1994-95, and be reflected in the first quarterly report. Appendix D (page 61) outlines all General Fund expenditures by department, showing the adopted budget, amendments to date, and the recommended midyear adjustments. Due to employee turnover and untilled positions, General Fund personnel cost savings are estimated to be $537,000, as detailed below. Untilled Positions The Fire Department has one unf~led Firefighter position which is being offset by overtime, and an untilled Hazardous Materials Specialist position. Estimated net savings is $50,300. In addition, another relief Firefighter position remains vacant. The vacancy assumption was made when the budget was prepared last spring, so the dollars were not reflected in the budget for this position. Therefore, no additional savings for this position are shown at midyear. The Police Department has had up to six Police Officer positions vacant during the year. Two vacancies were due to retirements and one vacancy was due to a promotion of a Police Officer to Sergeant. One of these vacancies has been refilled and two of the vacancies are currently SR 94:100 5