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General Fund Overview
<br />The following schedule summarizes all of the adjustments made to the General Fund
<br />since the initial adoption.
<br />Table 2. General Fund
<br />Changes and Recommended Additional Adjustments
<br />Transfers In 32,380 - - - 32,380
<br />Transfers Out (7,343,160) - (12,450) (12,450) (7,355,610)
<br />Revenues 95,970,413 (2,250,000) 229,802 11,000 (2,009,198) 143,869 94,105,084
<br />Ex endRures (91,099,633) (2,248,072) 2,278,435 225,376 255,739 714,885 (90,640,487)
<br />Fund Balance (2.440.000) 1.928 (2.048.633) 226.826 (2,277,387) 858.754 (3,858,633)
<br />The recommended additional adjustments in column "F" are the budget changes
<br />being recommended at this time. The total approved changes in column "E" reflect
<br />all changes in columns "A" through "D" that have previously been approved by City
<br />Council.
<br />General Fund Revenues - Requested adjustments will increase General Fund
<br />Revenues $143,869 due to grants ($80,615), a reimbursement pass through from the
<br />Altamont Settlement Agreement used to pay for administration of the related grant
<br />program ($15,000), change in overhead charges to other funds due to General Fund
<br />personnel changes ($35,254), and expected rental income from the Veterans Memorial
<br />Building ($13,000). The $80,615 increase due to grants involves both State and
<br />Federal grants. State grants account for $74,264 of the increase and relate to
<br />increased grant funding from the Office of Traffic Safety (OTS) for traffic safety
<br />enforcement and education programs for the police department and California Highway
<br />Patrol "Every 15 Minutes" program at the high schools. Federal grants account for the
<br />remaining $6,351 of the increase and relate to Library Services and Technology Act
<br />funding (LSTA) for eligible graduate library school courses for staff.
<br />General Fund Expenditures -Requested adjustments will decrease appropriations by
<br />$714,885 due to decreases in personnel costs ($651,809), and decreases in non-
<br />personnel ($63,076). The decrease in personnel costs are due to projected salary
<br />savings due to turnover and vacancies, reclassifications and reorganizations, and
<br />reduction in overtime. The decrease in non-personnel costs are due to the net change
<br />of additions, and transfers among accounts requested by departments and reductions
<br />based on actual line item cost estimates for the remainder of the fiscal year.
<br />Page 3 of 10
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