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HomeMy WebLinkAboutCC RES 2014-68RESOLUTION NO. 2014- 68 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, ADOPTING A PROGRAM AND FINANCIAL PLAN FOR THE FISCAL YEAR JULY 1, 2014 THROUGH JUNE 30, 2015 WHEREAS, the City Council has received and considered the proposed Program and Financial Plan submitted by the City Manager on June 26, 2014; and WHEREAS, after due notice, the City Council held a public hearing on the proposed plan. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Desert, California, that: 1. The amounts shown on Exhibit 1, "Estimated Revenues", are hereby accepted as the Estimated Revenues for the 2014-15 Fiscal Year for each fund and revenue source. 2. The amounts shown on Exhibit 2, "Appropriations" are hereby appropriated to the departments and activities indicated. The City Manager, or his duly appointed representative, will have the authority to approve intra-departmental budgeted line item variations; additional appropriations or inter -departmental budget transfers will be specifically approved by further City Council action during the 2014-15 fiscal year as the need arises. 3. The amounts shown on Exhibit 3, "Continuing Appropriations, Existing Capital Projects", are hereby accepted as continuing appropriations from the 2013-14 Fiscal Year. The amounts included in this exhibit include all unexpended amounts from purchase orders and contracts encumbered by June 30, 2014. PASSED, APPROVED AND ADOPTED at the regular meeting of the Palm Desert City Council held on this 26th day of June, 2014, by the following vote, to wit: AYES: BENSON, HARNIK, WEBER and TANNER NOES: SPIEGEL ABSENT: NONE ABSTAIN: NONE VAN G. TANNER, MAYOR ATTEST: RAELLE D. KLASSEN, LITY CLERK CITY OF PALM DESERT, CALIFORNIA Page 1 of 14 RESOLUTION NO. 2014-68 [This page has intentionally been left blank.] Page 2 of 14 PALM DESERT ESTIMATED REVENUES. Exhibit 1 RESOLUTTON NO. 2014-68 Actual Budget Projected Budget CATEGORY / FUND FY 12-13 FY 13-14 FY 13-14 FY 14-15 General Fund (110): 1. Sales tax (forecaster - Pessimistic .8% and Optimistic 3%) 16,764,808 17,500,000 17,200,000 17,850,000 2. Transient occupancy tax (Includes Short Term Rentals 1100 units) 9.188,981 8,425,000 8,950,000 9,200,000 3. Property tax (County not increasing Residential Values) 4,779,094 4,670,000 4,700,000 4,800,000 4. Property Tax Increment(Former RDA)' - One Time amount other than Staff Reimb 1,363,404 903,000 903.000 903,000 5. Interest & Rental (Lower Int Rate, Energy, Co. Lease) 311,083 335,000 346.000 346,000 6. Transfers in (Gas Tax, Starwood, Office Complex, Int.) 2,152,860 2,237,500 2,237,500 2,237,500 7. Franchises (Cable/Gas/Electric/Waste) Energy Savings reducing fees 2,892,805 2,900,000 2,900,000 2,950,000 8. State subventions(VLF) -Increase(Decrease) based on Property Tax) 3,434,946 3,490,000 3,490,000 3,595,000 9. Building/Subdivision/Zoning 1,498,376 1,350,000 1,500,000 1,650,000 10. Fees for Sorvices/Reimb (Parkview,Assessment,LLD, Fines, Other) RDA Staff Reimb. 2,380,359 1,142,000 1,172,000 1,330,000 11. Business license tax (Includes Short Term License) 1,173,293 1,250,000 1,200,000 1,250,000 12. Timeshare mitigation fee (Marriott, Starwood, Intrawest) 1,292,859 1,265,000 1,300,000 1,300,000 13. Pian check fees 500,698 300,000 500,000 500,000 14. Property transfer tax 520,393 500,000 550,000 550,000 15. Other revenues (Delinquency/Litigation/Fines/Job Val./ROW/Bail) 482,173 250,000 883,000 211,000 Totals General Fund 48,736,132 46,517,500 47,831,500 48,672,500 Fire Tax Fund (230): 1 Structural Fire Tax 4,479,853 4,800,000 4,800,000 5,134,000 Prior Year Adjustment for Successor Agency/County Pass Thru 2,041,708 2. Prop. A. Fire Tax 2,118,083 2,200,000 2,120,000 2,200,000 3. Reimbursements 840,914 830,000 841,500 844.500 1. Interest Income (350) 2,000 2,000 2,000 i. Fire Tax Reserves/Transfers In 2,653,000 1,553,000 1,553,000 2,000,000 3. Fire Reserves 580,000 Totals Fire Tax Fund 12,133,208 9,385,000 9,316,500 10,760,500 TOTAL FIRE AND GENERAL FD 60,869,340 55,902,500 57,148,000 59,433,000 Page 3 of 14 Page 1-14 PALM DESERT ESTIMATED REVENUES, Exhibit 1 RESOLUTION NO. 2014-68 CATEGORY / FUND Gas Tax Fund(211): 1. Gas Tax (Energy Saving Cars -reduce Tax) 2. Interest Total Gas Tax Actual Budget Projected Budget FY 12-13 FY 13-14 FY 13-14 FY 14-15 1,171,359 1,383,800 1,332,500 4,904 11,200 5,000 1,176,263 1,395,000 1,337,500 1,387,500 5,000 1,392,500 Traffic Safety Fund (210): 1. Vehicle Fines 128,741 174,000 125,000 174,000 2. Interest 199 1,000 200 1,000 Total Traffic Safety Fund 128,940 175,000 125,200 175,000 Measure A Fund (213): 1. Sales Tax 2. Reimbursements/Intergovernmental 3. Interest Total Measure A Fund Housing Mitigation Fund(214): 1. Development Fee 2. Other Revenue (Loan /Note Receivable) 2. Interest Total Housing Mitigation Fund: 2.453,084 2,478,000 2,550,000 2,718,000 130,111 5,572,253 21,274,253 81,836 45,000 82,000 82,000 2,665,031 8,095,253 2,632,000 24,074,253 51,553 56,000 51,500 362,000 60,000 9,500 9,504 3,000 9,500 120,000 61,057 59,000 121,000 491,500 CDBG Block Grant Fund (220): 1. CDBG Block Grant 382,144 318,700 382,200 281,000 2. Reimbursements(Program Income) 6,500 2,500 3. Interest 175 300 Total CDBG Fund 388,819 321,500 382,200 281,000 Child Care Program (228) 1. Child Care Fee 19,496 20,000 155,000 2. Interest 5,586 3,000 5,500 5,500 Total Child Care Fund 25,082 3,000 25,500 160,500 Page 4 of 14 Page 1-15 PALM DESERT ESTIMATED REVENUES, Exhibit 1 RESOLUTION NO. 2014-68 Actual Budget Projected Budget CATEGORY / FUND FY 12-13 FY 13-14 FY 13-14 FY 14-15 Public Safety Grant Fund(229): . Federal Grants 73,086 50,000 2. State Grants 163,020 100,000 148,900 100,000 3. Interest 29 Total Public Safety Fund 236,135 100,000 198,900 100,000 New Construction Tax Fund(231): 1. Development Fee 190,293 136,000 175,000 316,000 2. Interest 2,051 1,000 2,000 2,000 Total New Construction Fund 192,344 137,000 177,000 318,000 Drainage Facility Fund(2321: 1. Development Fee 15,200 30,000 10,000 16,000 2. Reimbursements 3. Interest 8,838 2,000 8,500 8,500 Total Drainage Facility Fund 24,038 32,000 18,500 24,500 Park & Recreation Fund(233): 1. Reimbursements/Fee 34,206 - 89,000 35,000 2. Interest 4,906 2,000 5,000 2,000 Total Park & Recreation Fund 39,112 2,000 94,000 37,000 Signalization Fund(234): 1. Development Fee 7,300 6,500 7,000 10,200 '. Reimbursements - Federal Grant 153,770 36,360 121,200 ;.Interest 4,012 500 2,000 500 total Signalization Fund 165,082 43,360 9,000 131,900 Fire Facilities Fund(2351: 1. Development Fee 88,494 48,400 60,000 92,000 2.Interest 2,937 1,000 3,000 1,000 Total Fire Facilities Fund 91,431 49,400 63,000 93,000 Waste Recvclinq Fund(236): 1. Waste Recycling Fee 125,387 2. Reimbursements 953 90,000 - 3. Interest 19,031 10,000 15,000 10,000 Total Waste Recycling Fund 145,371 100,000 15,000 10,000 Page 5 of 14 Page 1-16 PALM DESERT ESTIMATED REVENUES, Exhibit 1 RESOLUTION NO. 2014-68 CATEGORY/FUND Actual Budget Projected Budget FY 12-13 FY 13-14 FY 13-14 FY 14-15 Energy Independence Program (237): 1. Special Assessments 415,388 668,453 668,000 690,000 2. Reimbursements 10,440 5,000 9,000 3. Interest 11,783 6,000 11,800 Total Waste Recvclina Fund 437,611 674.453 684,800 699,000 Air Quality Management Fund (238): 1. Air Quality Fee 59.678 60,000 60,000 60,000 2. Interest 1,149 600 1,000 1,000 Total Air Quality Fund 60,827 60,600 61,000 61,000 Art in Public Places Fund(436): 1. Development Fee 2. Interest 3. Interfund Transfer In (Reimb. Staff Time) Total AIPP Fund Golf Course Maint/Improv Fund (441): 1. Time Share Mitigation & Amenity Fees 2. Interest Total Golf Course Maint. Fund Aquatic Center Fund (242): 1. Other Revenue 2. Transfer In (General Fund) 3. Interest Total Aquatic center 250,671 109,000 2,757 2,500 253,428 111,500 290,000 6,000 80,000 376,000 302,000 2,500 80,000 384,500 1,125,600 1,165,189 1,100,000 1,100,000 27,889 5,000 136,500 27,500 1,153,489 1,170,189 1,236,500 1,127,500 705,853 629,900 709,000 709,000 532,836 680,234 680,000 680,000 5,975 - 6,000 1,244,664 1,310,134 1,395,000 1,389,000 Page 1-17 Page 6 of 14 PALM DESERT ESTIMATED REVENUES, Exhibit 1 RESOLUTION NO. 2014-68 CATEGORY / FUND Retiree Health Fund (576): . General Fund Contribution 475,556 475,000 500,000 2. Interest 3. Interfund Transfer In Actual Budget Projected Budget FY 12-13 FY 13-14 FY 13-14 FY 14-15 7,695 500,000 3,000 7,700 500,000 5,000 Total Retiree Health Fund 983,251 3,000 982,700 505,000 El Paseo Merchant Fund (271): 1. El Paseo Merchant Fee(Business License) 239,950 250,000 250,000 250,000 2010 Capital Protect Reserve (400): 1. State, Federal, CVAG Reimb.,Other Rev. 272,566 326,000 1,876,000 2. Interest 34,540 10,000 34,000 10,000 3. Interfund Transfer In 800,000 10,000 Total Capital Protect Fund 1,107,106 346,000 34,000 1,886,000 CP Parks Fund (430): 1. Reimbursements 2. Interest 1,349 1,000 1,000 1,000 Total Parks Fund 1,349 1,000 1,000 1,000 CP Drainage Fund (420): 1. Interest 8,045 3,000 4,000 3,000 Total Drainage Fund 8,045 3,000 4,000 3,000 CP Signal Fund (440): Reimbursements 177,550 '.Interest 721 500 500 500 Total Signal Fund 178,271 500 500 500 CP Library Fund (452): 1. General Fund Transfers In 283,570 125,000 375,000 Total Library Fund 283,570 125,000 375,000 Building Maintenance Fund (450): 1. General Fund Transfer In 2. Interest Total Building Maintenance Fund 91,400 13,391 104,791 91,000 5,000 96,000 91,000 13,390 104,390 50,000 5,000 55,000 Page 1-18 Page 7 of 14 PALM DESERT ESTIMATED REVENUES, Exhibit 1 RESOLUTION NO. 2014-68 CATEGORY/FUND Economic Development Fund (425): 1. Interest & Rent Total Property Maint. City/RDA Fund Actual Budget Projected Budget FY 12-13 FY 13-14 FY 13-14 FY 14-15 911,001 911,001 Debt Service Funds(Various 300'sl 1. TransferIn/Taxes - - - 9,160,191 Total Debt Service Funds - 9,160,191 Parkview Office Complex Fund(510): 1. Rent/Leases of Buildings 1,206,471 1,248,810 1,126,000 1,249,182 Rebates 9,229 7,000 11,600 1,500 2. Interest 12,232 5,000 12,000 7,500 Total Parkview Office Fund 1,227,932 1,260,810 1,149.600 1,258,182 Equipment Replacement Funds (530): 1. General & Fire Fund Transfer In 173,512 220,000 220,000 450,000 2. Interest 21,952 10,000 22,000 22,000 3. Other Revenue 79,230 46,050 Total Eauip. Replacement Fund 274,694 230,000 288,050 472,000 Landscape & Lighting Districts (272-299): 1. Transfer In 77,000 77.000 75,000 2. Taxes 337,719 337,719 344,829 3. Interest - Total Landscape & Lighting - 414,719 414,719 419,829 Business Improvement Districts (272-299): 1. Taxes 467,977 467,977 262,546 2. Interest - Total Business Improvement 467,977 467,977 262,546 Desert Willow Golf Fund (520): 1. Golf Course 7,494,833 7,734,590 7,550,000 7,837,934 2 Resturant Revenue 2,343,733 2,517,349 2,400,000 2,490,845 3. Interest Total Desert Willow Fund 9,838,566 10,251,939 9,950,000 10,328,779 Housing Fund (870): 1. Transfers In & Interest 691,758 773,261 735,997 776,580 Total Housing Fund 691,758 773,261 735,997 776,580 Page 8 of 14 Page 1-19 PALM DESERT ESTIMATED REVENUES, Exhibit 1 RESOLUTTON NO. 2014-68 CATEGORY / FUND Housing Authority Fund (871): . Rent fm Apartments/Interest _. Reimbursement/Transfers Total Housing Authority Fund Actual Budget Projected Budget FY 12-13 FY 13-14 FY 13-14 FY 14-15 5,208,200 5,195,199 5,395,077 5,623,874 4,728,855 1,591,825 9,937,055 5,195,199 6,986,902 5,623,874 Page 1-20 Page 9 of 14 RESOLUTION NO. 2014-68 Exhibit 2 CITY OF PALM DESERT APPROPRIATIONS FOR FISCAL YEAR 2014-2015 DEPARTMENT TITLE i APPROPRIATIONS FY 2014-2015 GENERAL FUND City Council 243,300 City Clerk 893,400 Elections 61,900 Legislative Advocacy 36,500 City Attorney 240,000 Legal Special Services 300,000 City Manager 1,001,420 Special Programs 420,588 Finance 2,019,670 Independent Audit 63,000 Human Resources 517,192 General Services 543,000 Information Technology 870,435 Unemployment Insurance Insurance 492,700 Interfund Transfers 3,105,000 Police Services 18,654,959 Animal Regulation 243,006 P.W-St Light/Traffic Sfty 244,000 Public Works- Admin 2,725,000 Public Works -Street Maint 2,644,477 PW-Street Resurfacing/Striping/Storm Drain/Parking/Curb & Gutter 825,000 PW-Corp. Yard 65,500 PW-Equipment 435,000 PW-Public Bldg-Opr/Maint. 498,000 PW-Portola Community Center 65,755 NPDES-Storm Water Permit 76,000 Community Promotions 659,500 Marketing 984,230 Visitors Information Center 361,297 Building & Safety 1,822,575 Economic Development 995,600 Planning & Community Dev 1,971,110 PW- Civic Center Park 1,017,850 PW- Park Maintenance 747,150 PW-Landscape Services 1,746,432 Outside Agency Funding 660,000 'TOTAL GENERAL FUND 1 I 48,250,546 I Page 10 of 14 RESOLUTION NO. 2014-68 Exhibit 2 CITY OF PALM UtSERT APPROPRIATIONS FOR FISCAL YEAR 2014-2015 FUND NAME I I APPROPRIATIONS FY 2014-2015 TRAFFIC SAFETY 175,000 GAS TAX 1,395,000 MEASURE A 19,746,500 HOUSING MITIGATION FEE 450,000 COMMUNITY DEVELOPMENT 281,000 PUBLIC SAFETY GRANTS 100,000 PROP A FIRE TAX 10,760,360 NEW CONSTRUCTION TAX 200,000 DRAINAGE FACILITY PARK AND REC 218,000 SIGNALIZATION 95,000 FIRE FACILITY FUND 100,000 WASTE RECYCLING FEES 980,350 ENERGY INDEPENDENCE PROGRAM "'" 624,313 AIR QUALITY MGMT 286,500 AQUATIC CENTER 1,365,200 PARK & RECREATION 29,500 CHILD CARE PROGRAM 20,000 ECONOMIC DEVELOPMENT FUND 230,000 2010 PLAN RESERVES 2,888,100 SIGNALIZATION DRAINAGE 210,000 LIBRARY ART IN PUBLIC PLACES 486,800 ENTERPRISE FUND - PARKVIEW OFFICE COMPLEX "` 1,382,000 ENTERPRISE FUND - DESERT WILLOW 10,763,630 EQUIPMENT REPLACEMENT FUND 561,000 GOLF COURSE IMPROVEMENTS 1,261,000 HOUSING SET ASIDE FUND 776,580 RETIREE HEALTH 852,882 Page 11 of 14 RESOLUTION NO. 2014-68 Exhibit 2 CITY OF PALM DESERT APPROPRIATIONS FOR FISCAL YEAR 2014-2015 FUND NAME (DEBT SERVICE FUNDS Debt Service - 94-2 Sunterrace Debt Service - 94-3 Merano Debt Service - CFD 98-1 Canyons of Bighorn Debt Service - 01-1 Silver Spur Undergrounding Debt Service - Highlands Undergrounding Debt Service - 04-02 SECTION 29 Debt Service - CFD 91-1 A Indian Ridge Debt Service - CFD Univ. Park P.D. Financing Auth - RDA P.D. Financing Auth - City 'TOTAL (SPECIAL ASSESSMENT FUNDS EL PASEO MERCHANTS LANDSCAPE & LIGHTING ZONES BUSINESS IMPROVEMENT DISTRICT (TOTAL SPECIAL ASSESSMENT 1 1 APPROPRIATIONS FY 2014-2015 89,920 112,806 104,680 184,502 135,336 1,848,080 1,186,192 4,138,985 1,495,136 9,295,637 I 250,000 335,382 363,272 948,654 '" The Energy Independence Program Fund has appropriated $500,000 for debt payment, and the Parkview Office Complex has appropriated $531,000 for FRV cushion. Page 12 of 14 RESOLUTION NO. 2014-68 CITY OF PALM DESERT Exhibit 3 CAPITAL IMPROVEMENT PROGRAM EXISTING PROJECTS IN FISCAL YEAR 2013-14 CONTINUED TO FY 2014-2015 PROJECT TITLE General Fund 110 Street Resurfacing Parking Lot Maintenance IISNA Upgrades Program PS Art Museum Upgrades Gas Tax Fund 211 Street Resurfacing Measure A Fund 213 Street Resurfacing LED indication Replacement Program Portola/I-10 Interchange ROW / Design Bridge Inspection Program Monterey Improvement - FW to CC ADA Retrofit Curb & Gutter Fred Waring Turn Pocket Hwy 111 Monterey Ave Ramp Modification Housing Mitigation Fund 214 None BG Fund 220 None Childcare Fund 228 City Childcare Facility Public Safety Police Grants Fund 229 None New Construction Tax Fund 231 PS Art Museum Upgrades ADA Retrofit Curb & Gutter City -Wide Parking Lots Development Drainage Fund 232 North Sphere Drainage Park & Rec Facilities Fund 233 City Wide Park Improvements ADA Upgrades to Playgrounds Freedom Dog Park Civic Center Park Improvements Traffic Slanals Fund 234 Traffic Signal Maintenance Project Fire Facilities Fund 235 New North Sphere Fire Station .cvclina Fund 236 Street Resurfacing Enerav Independence Loan Fund 237 None ESTIMATED PROJECT TOTAL FOR LIFE OF PROJECT Continuing Continuing Continuing Continuing ACCOUNT NUMBERS 110-4311-433.33-20 110-4313-433.33-20 110-4250-433.40-01 110-4800-454.38-85 Continuing 211-4311-433.33-20 Continuing 213-4311-433.33-20 Continuing 213-4250-422-4001 71,993,000 213-4351-433.40-01 Continuing 213-4359-433.40-01 6,500,000 213-4368-433.40-01 Continuing 213-4312-433.40-01 775,000 213-4384-433.40-01 12,000,000 213-4389-433.40-01 1,500,000 228-4800-454.40-01 70,000 231-4164-415.40-01 Continuing 231-4312-433.40-01 100,000 231-4313-433.33-20 4,400,000 232-4393-433.40-01 Continuing Continuing 100,000 Continuing 233-4618-454.40-01 233-4601-454.40-01 233-4670-454.40-01 233-4674-454.40-01 135,000 234-4381-422.40-01 3,504,271 235-4270-422.40-01 Continuing 236-4311-433.33-20 FUNDING SOURCES General Fund General Fund General Fund General Fund Gas Tax Fund 211 Measure A Fund 213 Measure A Fund 213 Measure A Fund 213 Measure A Fund 213 Measure A Fund 213 Measure A Fund 213 Measure A Fund 213 Measure A Fund 213 Childcare Fund 228 New Construction Tax FD 231 New Construction Tax FD 231 New Construction Tax FD 231 Drainage Fund 232 Park & Rec Fac. FD 233 Park & Rec Fac. FD 233 Park & Rec Fac. FD 233 Park & Rec Fac. FD 233 Signalization FD 234 Fire Facilities Fund 235 Recycling Fund 236 FY 2013-14 to FY14-15 ' SEE NOTE 1,049,291 39,065 24,380 42,850 565,000 1,157,697 50,000 114,164 100,000 4,500,000 4,117 547,496 34,278 1,477,650 18,973 130,797 41,475 360,000 41,352 19,000 16,061 125,899 40,000 809,606 201,000 Page 13 of 14 CITY OF PALM DESERT Exhibit 3 RESOLUTION NO. 2014-68 CAPITAL IMPROVEMENT PROGRAM EXISTING PROJECTS IN FISCAL YEAR 2013-14 CONTINUED TO FY 2014-2015 PROJECT TITLE Air Quality Mgmt Fund 238 None Aquatic Center Fund 242 Aquatic Facility Capital outlays ESTIMATED ACCOUNT FUNDING FY 2013-14 PROJECT NUMBERS SOURCES to FY14-15 TOTAL FOR • SEE NOTE LIFE OF PROJECT Continuing 242-4549-454.40-01 Aquatic Center Fund 242 50,000 Capital Proi Reserve Fund 400 Strategic Plan & Energy Conservation 100,000 400-4130-411.30-90 Year 2010 Fund 400 6,915 Zoning Plan 150,000 400-4470-412.30-90 Year 2010 Fund 400 22,936 General Plan 800,000 400-4470-412.39-19 Year 2010 Fund 400 800,000 Alessandro Improvements 5,681,708 400-4341-433.40-01 Year 2010 Fund 400 395,820 Portola Ave Free Right at Fred Waring 1,410,000 400-4438-433.40-01 Year 2010 Fund 400 187,515 Mid Valley Bike Path 5,800,000 400-4544-433.40-01 Year 2010 Fund 400 266,849 Undergrounding Continuing 400-4256-464.40-01 Year 2010 Fund 400 400,000 Property Acquisition Continuing 400-4950-419.40-10 Year 2010 Fund 400 300,000 President's Plaza Rehabilitation 4,000,000 400-4692-433.40-01 Year 2010 Fund 400 25,350 Monterey Median Landscaping Continuing 400-4614-433.40-01 Year 2010 Fund 400 218,000 Drainage Facilities Fund 420 Nuisance Water Inlet/Dryweli Continuing 420-4291-433.40-01 Drainage Facilities FD 420 127,565 Strom Drainage Maintenance Continuing 420-4314-433.40-01 Drainage Facilities FD 420 60,000 North Sphere Drainage 4,400,000 420-4393-433.40-01 Drainage Facilities FD 420 80,000 CP Parks & Rec Facilities Fund 430 Civic Center Park Improvements Continuing 430-4674-454.40-01 Art In Public Places Fund 436 None CP Signallzation Fund 440 LED Indication Replacement Program Golf Capital Fund 441 Golf Course Capital Improvements Equipment Replacement Fund 530 ONE Solution Enterprise Software TOTAL EXISTING PROJECTS Park & Rec Fac. FD 430 47,686 Continuing 440-4250-422.40-01 Signalization FD 440 21,240 102,500 441-4195-495.80-92 Golf Capital Fund 441 102,500 318,660 530-4190-415.40-40 Equipment Replacement 296,953 $ 14,919,480 NOTE: APPROPRIATIONS AND/OR ENCUMBRANCES FOR REBUDGET/CARRYOVER FROM FISCAL YEAR 2013-14 TO 2014-15 NOTE: DUE TO TIMING OF EVENTS, NO CONTRACT HAS BEEN OBTAINED, HOWEVER, FUNDS NEED TO BE CARRIED OVER TO PREVENT SHORTING IN COMING FISCAL YEAR. Continuing appropriations are amounts which have been appropnated in FY 2013-14 and are not expected to be expended by June 30, 2014. These funds are primarily for capital budgets and specific programs that overlap fiscal years. When authorized, continuing appropriation amounts are added to the new fiscal year budget amounts in order to track all approved spending. The exact amount of appropriations for carryover in each fund indicated will be determined at the end of the fiscal year dung the preparation of financial statements. This amount will include: 1) purchase orders and contracts encumbered totals and 2) unencumbered balances as of June 30, 2014 for appropriations approved by the City Council through the last meeting in June, 2014. AMOUNTS ARE SUBJECT TO CHANGE DUE TO PROJECTS APPROVED BY COUNCIL PRIOR TO JUNE 30, 2014 Note: Above amounts are as of April, 2014 Page 14 of 14