TO: Honorable Mayor and Members of the City Council
THRU: Bonnie Hagan, Acting City Manager
FROM: Will Kolbow, Assistant City Manager/Admin. Services Director
1. SUBJECT
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Financial status update for Fiscal Years 2020-21 and 2021-22.
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2. SUMMARY
This report provides a summary of the City's General Fund year-end for Fiscal Year 2020-21 and a status update for Fiscal Year 2021-22.
Staff is also proposing to unfreeze the Police Sergeant position to address the demand for increased Police services in the City, add a part-time Administrative Specialist position to assist with processing passports, and Budget clean-up items in other funds.
3. RECOMMENDED ACTION
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For Fiscal Year 2021-22:
1. Authorize the appropriation of $138,000 from the General Fund (100) unreserved fund balance to expenditure account number 100.4021.50001.00000.
2. Authorize the appropriation of $29,163 from the General Fund (100) unreserved fund balance to expenditure account number 100.0401.50002.00000.
3. Authorize the appropriation of $573,935 from the SB-2 Building Homes & Jobs Act (312) unreserved fund balance to expenditure account number 312.020152611.30138, Payments to Other Agencies - North SPA Navigation Centers.
For Fiscal Year 2020-21:
4. Authorize the appropriation of $551,773 from the SB-2 Building Homes & Jobs Act (312) unreserved fund balance to expenditure account number 312.020152611.30138, Payments to Other Agencies - North SPA Navigation Centers.
5. Authorize the appropriation of $95,965 from the Prop 172 (120) unreserved fund balance to expenditure account number 120.411.53670.12222, Other Maintenance Items - 800 MHZ.
6. Authorize the transfer of $805,003.02 from the City Infrastructure Bond (553) account number 553.0000.57120.20400 to Merged 2008 Tax Exempt Bonds (954) account number 954.0000.49010.20400.
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4. FISCAL IMPACT
For Fiscal Year 2021-22:
The total expenditures for the Police Sergeant and Administrative Specialist po...
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