05 - Laserfiche WebLink

• IT Replacement Fund -Replacement of computers and printers was reduced for FY 2007-08 and moved to future years resulting in a budget reduction of $33,367. • Police Vehicle Replacement Fund -The replacement cycle for patrol vehicles was extended from 4 to 5 years due to low mileage and conditions of the vehicles, thus reducing the number of replacements scheduled for FY 2007-08 by 9 units resulting in a budget reduction of $398,111. • Street Light Replacement Fund -Planned replacement of street lights has not been needed as originally planned due to longer service life resulting in a budget reduction of $180,838. However, it is anticipated due to the maturity of the lights, expenditures in FY 2008-09 will be higher; consequently, budget was moved to FY09 to cover this planned increase in replacements of the street lights. Reduced $180K • Traffic Signal Replacement Fund -Traffic signal replacements have been less than planned, as replacement of component parts (controllers, monitors, wiring, cabinets) have resulted in longer service life of the signals resulting in a budget reduction of $72,000. Other Internal Service Funds -Recommended adjustments for the following funds involve only small changes to interest income due to actual YTD earnings being slightly higher than originally budgeted and/or changes to the cash balance in each fund and/or miscellaneous reimbursements or donations. • Public Art Maintenance Fund • LPFD Retirees Medical Reserve Fund • Workers' Compensation Fund • Self-Insurance Retention Fund • LPFD Workers' Compensation Fund Special Revenue Funds Lower Income Housing Fund -Recommended adjustments include a reduction in revenues of $76,896 which is the net of increases for land lease revenue ($25,000), miscellaneous reimbursements ($4,060), HELP loan of ($250,000) and a reduction in estimated residential/commercial low income housing fee revenue ($355,956). Recommended adjustments in expenses include an appropriation for the HELP loan ($250,000), and a change in the Interfund charge ($6,611). Livermore-Pleasanton Fire Department Fund -Recommended adjustments include primarily decreases in personnel costs of $376,808 due to salary savings and other miscellaneous adjustments. Page 7 of 10