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2024/09/11 Council Agenda Packet
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2024/09/11 Council Agenda Packet
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Council Agenda Packet
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9/11/2024
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2024 <br />Budget Adjustments <br />Tally Sheet <br />Department Rev Exp FB <br />GGA‐12 Non‐Departmental Distribution of Vacancy Budget Offset 009A 5,294,000 <br />GGA‐12 General Fund Distribution of Vacancy Budget Offset 002A 227,000 <br />GGA‐12 Human Resources Distribution of Vacancy Budget Offset 007A (245,000) <br />GGA‐12 CPED Distribution of Vacancy Budget Offset 021A (288,000) <br />GGA‐12 Engineering & Public Svcs Distribution of Vacancy Budget Offset 024A (178,000) <br />GGA‐12 Street Distribution of Vacancy Budget Offset 120A (89,000) (89,000) <br />GGA‐12 Parks & Community Svcs Distribution of Vacancy Budget Offset 101A (138,000) (138,000) <br />GGA‐12 Police Distribution of Vacancy Budget Offset 031A (4,259,000) <br />GGA‐12 Municipal Court Distribution of Vacancy Budget Offset 005A (97,000) <br />Increase personnel contingency ‐ Non‐Departmental 009 5000068110 5,294,000 <br />Increase property tax distribution ‐ General Fund 002 3111002000 227,000 <br />Reduce property tax distribution ‐ Street 120 3111000000 89,000 <br />Reduce property tax distribution ‐ Parks & Community Services 101 3111010010 138,000 <br />Reduce labor expenditures ‐ Human Resources 007 5010000110/210 245,000 <br />Reduce labor expenditures ‐ CPED 021 5020800110/210 288,000 <br />Reduce labor expenditures ‐ Engineering & Public Services 024 Multiple 178,000 <br />Reduce labor expenditures ‐ Street 120 5840108750110/210 89,000 <br />Reduce labor expenditures ‐ Parks & Community Services 101 5101010000110/210 138,000 <br />Reduce labor expenditures ‐ Police 031 Multiple 4,259,000 <br />Reduce labor expenditures ‐ Municipal Court 005 5010000110/210 97,000 <br />Department Code Rev Exp FB <br />GGA‐13 Non‐Departmental Increase Self‐Insurance Contributions 009A 84,293 <br />GGA‐13 General Fund Increase Self‐Insurance Contributions 002A 84,293 <br />Increase M&O expenditures (Insurance Premiums) ‐ Non‐Departmental 009 5000026960 53,040 <br />Increase M&O expenditures (Unemployment Compensation) ‐ Non‐Departmental 009 5000026960 31,253 <br />Increase property tax distribution ‐ General Fund 002 3614130000 84,293 <br />This amendment locks in department labor under expenditures in the amount of $5,294,000. Department labor budgets are reduced by this <br />amount and allocated to the General Government Non‐Departmental Fund to offset the 2024 budgeted labor under expenditure assumption. <br />This follows our strategic, long‐range financial practice to reduce the operating budget mid‐year as a result of vacancy savings. <br />This amendment proposes to increase general government funds' self‐insurance contributions by $84,293 to cover the cost of property <br />insurance premiums and unemployment compensation. The increases are due primarily to the unpredictability of the insurance marketplace <br />and increases to unemployment benefit costs. The non‐general government funds' component of this amendment is in NGA‐15. <br />Tally 2024 <br />ATTACHMENT A
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