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HomeMy WebLinkAbout2023-054 Operating Budget FY 23-24RESOLUTION NO. 2023-54 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ADOPTING THE FY 2023-24 ANNUAL OPERATING BUDGET AND ESTABLISHING THE CONTROLS ON CHANGES IN THE APPROPRIATIONS WHEREAS, the City Council (Council) has a policy of adopting an annual operating budget to plan expenditures and to match anticipated revenues available in various City accounts to make the most efficient use of the City’s limited resources for each fiscal year; and, WHEREAS, the City of Lake Elsinore (City) Municipal Code Section 3.04.010 defines the fiscal year for the City of Lake Elsinore as extending from July 1st of each year to and including June 30th of the following year. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS: Section 1. The City of Lake Elsinore Annual Operating Budget is hereby approved and adopted for the 2023-24 fiscal year and as amended herein 2022-23 fiscal year for as attached per Exhibit A to this Resolution. Section 2. A copy of the City of Lake Elsinore Operating Budget hereby adopted and certified by the City Clerk shall be filed with the City Manager or a designated representative, and a further copy so certified shall be placed and shall remain on file in the Office of the City Clerk where it shall be available for inspection. Copies of the certified budgets shall be made available for the use of departments, offices, and agencies of the City. Section 3. That the following controls are hereby placed on the use and transfer of budget appropriations: (a) No expenditure of funds shall be made unless there is an unencumbered appropriation available to cover the expenditure. (b) The Department Director may prepare a transfer of appropriations within departmental budget accounts, with the approval of the City Manager. (c) The City Council must authorize transfers (appropriations) of funds from the Unreserved Fund Balance and transfers between departmental budget accounts. (d) The City Council must authorize any changes to the Schedule of Authorized Positions. The City Manager may authorize the hiring of temporary or part-time staff as necessary within the limits imposed by the controls listed above. (e) The City Manager may approve change orders on Public Works contracts approved by the City Council in amounts up to project contingency established by the City Council. (f) Outstanding encumbrances shown on the City books at June 30, 2023, that are approved by the City Manager, are hereby appropriated for such contracts or obligations for FY2023-24. (g) The City of Lake Elsinore Annual Operating Budget is hereby approved. DocuSign Envelope ID: 2D6122AE-64E0-4E0E-9ACA-B8E97E245CA8 CC Reso. No. 2023-54 Page 2 of 2 Section 4. This Resolution shall take effect from and after the date of its passage and adoption. Passed and Adopted at a regular meeting of the City Council of the City of Lake Elsinore, California, this 13th day of June 2023. Natasha Johnson Mayor Attest: Candice Alvarez, MMC City Clerk STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF LAKE ELSINORE ) I, Candice Alvarez, MMC, City Clerk of the City of Lake Elsinore, California, do hereby certify that Resolution No. 2023-54 was adopted by the City Council of the City of Lake Elsinore, California, at the Regular meeting of June 13, 2023 and that the same was adopted by the following vote: AYES: Council Members Tisdale and Magee; Mayor Pro Tem Manos; and Mayor Johnson NOES: None ABSENT: Council Member Sheridan ABSTAIN: None Candice Alvarez, MMC City Clerk DocuSign Envelope ID: 2D6122AE-64E0-4E0E-9ACA-B8E97E245CA8 CITY OF LAKE ELSINORE, CALIFORNIA FY20-21 ACTUALS FY21-22 ACTUALS FY22-23 ADOPTED BUDGET FY23-24 PROPOSED BUDGET $Inc/(Dec) % Inc/ (Dec) Revenues: Sales Tax 14,600,212$ 16,445,263$ 16,504,290$ 17,543,480$ 1,039,190$ 6.30% Property Tax 9,138,141 9,606,584 10,463,740 11,144,290 680,550 6.50% Franchise Tax 2,747,871 2,901,961 2,726,880 2,797,910 71,030 2.60% Building Permit Fee 1,418,700 1,511,782 1,245,970 1,219,970 (26,000) -2.09% Property Transfer Tax 539,505 621,757 452,530 517,610 65,080 14.38% Other Taxes 565,362 779,621 579,450 570,840 (8,610) -1.49% Licenses & Permits 2,306,772 1,711,503 3,176,340 2,388,390 (787,950) -24.81% Intergovernmental 137,041 181,362 189,740 193,490 3,750 1.98% Fees 3,200,084 5,408,860 6,053,240 5,993,910 (59,330) -0.98% Fines & Forfeitures 329,356 881,791 978,350 987,050 8,700 0.89% Tax Credit 3,381,748 3,722,847 3,913,120 4,248,380 335,260 8.57% Investment Earnings 63,422 (619,754) 827,700 311,000 (516,700) -62.43% Reimbursements & Other 4,144,486 7,663,323 11,492,930 12,064,860 571,930 4.98% Special Assessments 5,073,085 5,659,438 5,961,230 6,989,360 1,028,130 17.25% Reimbursements - Public Safety 365,853 391,966 352,000 517,060 165,060 46.89% Reimbursements - Street Program - 800,000 800,000 1,000,000 200,000 25.00% Total Revenues 48,011,638 57,668,304 65,717,510 68,487,600 2,770,090 4.22% Expenditures by Department: General Government: City Council 205,646$ 240,045$ 312,760$ 317,370$ 4,610$ 1.47% Community Support 115,003 564,015 493,260 623,690 130,430 26.44% City Treasurer - - - - - 0.00% City Clerk 557,262 703,549 834,760 901,100 66,340 7.95% City Attorney 622,112 667,277 638,250 676,210 37,960 5.95% City Manager 1,123,909 862,325 1,334,740 1,303,780 (30,960) -2.32% Administrative Services - Finance 1,472,155 1,304,991 1,657,780 1,706,430 48,650 2.93% Human Resources 493,775 540,819 696,270 725,220 28,950 4.16% Public Safety: Police Services 14,006,496 15,876,391 17,942,570 18,652,220 709,650 3.96% Fire Services 7,050,640 8,015,325 10,311,650 11,004,250 692,600 6.72% Animal Services 761,875 814,818 905,010 987,500 82,490 9.11% Emergency Services 22,562 231,167 417,936 422,450 4,514 1.08% Community Development: Planning 1,042,750 1,328,697 2,985,280 2,811,460 (173,820) -5.82% Building & Safety 1,559,190 1,486,756 1,864,680 1,746,360 (118,320) -6.35% Code Enforcement 1,335,384 1,501,144 1,997,970 2,176,410 178,440 8.93% Economic Development 244,263 334,526 483,130 644,170 161,040 33.33% Fire Prevention 411,130 496,565 859,350 846,030 (13,320) -1.55% Public Services: Engineering 1,978,012 2,925,212 4,358,980 3,950,420 (408,560) -9.37% Public Works 2,811,501 3,826,191 4,702,324 5,257,650 555,326 11.81% Park Maintenance 2,637,033 2,941,158 3,650,350 4,061,510 411,160 11.26% Lake Maintenance 1,133,391 1,203,235 1,343,870 1,371,520 27,650 2.06% Community Services: Recreation 773,057 1,150,638 1,622,320 1,882,230 259,910 16.02% Community Center 610,843 767,923 1,176,700 1,113,740 (62,960) -5.35% Senior Center 391,965 492,561 754,470 825,630 71,160 9.43% Neighborhood Center - - 892,190 1,036,850 144,660 16.21% Campground 229,275 484,300 - - - 0.00% Non-Departmental - Operating 1,410,130 5,497,813 3,480,910 3,443,400 (37,510) -1.08% Total Expenditures 42,999,359 54,257,441 65,717,510 68,487,600 2,770,090 4.22% Excess of Revenues Over (Under) Expenditures 5,012,279 3,410,863 - - - Operating Transfers: Operating Transfers In 1,008,207 - - - - Operating Transfers out (3,354,994) - - - - Excess of Revenues Over (Under) Expenditures & Op Transfers In/(Out) 2,665,492 3,410,863 - - - Estimated Year-End Adjustments Fund Balance, Beg. of Year 12,058,870 13,703,679 17,114,542 17,114,542 SUMMARY OF REVENUES, EXPENDITURES, AND CHANGE IN FUND BALANCE FY2023-24 UNAUDITED - GENERAL FUND FINANCIAL REPORT DocuSign Envelope ID: 2D6122AE-64E0-4E0E-9ACA-B8E97E245CA8 CITY OF LAKE ELSINORE, CALIFORNIA FY20-21 ACTUALS FY21-22 ACTUALS FY22-23 ADOPTED BUDGET FY23-24 PROPOSED BUDGET $Inc/(Dec) % Inc/ (Dec) SUMMARY OF REVENUES, EXPENDITURES, AND CHANGE IN FUND BALANCE FY2023-24 UNAUDITED - GENERAL FUND FINANCIAL REPORT Fund Balance, End of Year 14,724,362$ 17,114,542$ 17,114,542$ 17,114,542$ Detail of Fund Balance Nonspendable: Deposits and prepaid items 25,000$ 25,000$ 25,000$ 25,000$ Loans Receivable 1,000,000 1,000,000 1,000,000 1,000,000 Assigned Uncertainty reserve (20%) 8,112,012 10,851,488 13,143,502 13,697,520 Unassigned Unallocated reserve 5,587,350 5,238,054 2,946,040 2,392,022 Total Fund Balance (net) 14,724,362$ 17,114,542$ 17,114,542$ 17,114,542$ DocuSign Envelope ID: 2D6122AE-64E0-4E0E-9ACA-B8E97E245CA8 BEGINNING FUND BALANCE REVENUES APPROPRIATIONS NET TRANSFERS IN/(OUT) PROJECTED ENDING FUND BALANCE FY2023‐24 ADOPTED OPERATING BUDGETS Fund:001 GENERAL FUND 17,114,542 68,487,600 68,487,600 - 17,114,542 Fund: 101 SUPPLEMENTAL LAW ENF. (SLESF)- 177,000 177,000 - - Fund: 102 MEASURE Z 16,254,783 16,470,000 30,776,699 - 1,948,084 Fund: 103 THE ANCHOR - 1,210,480 1,210,480 - Fund: 104 TRAFFIC OFFENDER FUND - 30,000 30,000 - - Fund: 106 AFFORDABLE HOUSING IN-LIEU 4,261,728 111,000 4,372,728 - - Fund: 107 DEVELOPER AGREEMENT - 25,200 25,200 - Fund: 108 AMERICAN RESCUE PLAN 5,959,900 - 5,959,900 - - Fund: 110 STATE GAS TAX FUND (OPER & CIP)220,720 2,051,900 2,272,620 - - Fund: 114 SB1186 CAS EDUCATION FUND 44,653 13,000 2,100 - 55,553 Fund: 115 TRAFFIC SAFETY FUND - 175,000 175,000 - - Fund: 130 CITY-WIDE LLMD FUND 104,088 2,174,187 2,174,187 - 104,088 Fund: 135 LLMD NO. 1 754,447 791,059 1,141,822 - 403,684 Fund: 155 NPDES - 1,098,170 1,098,170 - - Fund: 180 LAUNCH POINTE 15,580,390 5,087,000 5,898,193 - 14,769,197 Fund: 300 INSURANCE SERVICES 1,388,175 841,440 956,457 - 1,273,158 Fund: 305 INFORMATION SYSTEMS SERVICES 2,032,388 2,443,220 2,518,470 - 1,957,138 Fund: 310 SUPORT SERVICES 58,195 119,590 108,720 - 69,065 Fund: 315 FLEET SERVICES 2,085,104 1,881,720 1,834,035 - 2,132,789 Fund: 320 FACILITIES SERVICES 1,944,022 1,017,880 1,050,310 - 1,911,592 Fund: 341 CFD 2017-1S MISSION TRAIL SERVICES FUND - 9,855 9,855 - - Fund: 342 CFD 2007-5S RED KITE SERVICES FUND - 15,900 15,900 - - Fund: 343 CFD 2006-2S VISCAYA SERVICES FUND - 58,067 58,067 - - Fund: 344 CFD 2005-2S ALBERHILL RANCH SERVICES FUND - 195,975 195,975 - - Fund: 358 CFD 2007-4S MAKENNA SERVICES FUND - 29,555 29,555 - - Fund: 362 CFD 2006-8S RUNNING DEER ESTATES SERVICE FUND - 65,055 65,055 - - Fund: 367 CFD 2006-1S SUMMERLY SERVICE FUND - 579,605 579,605 - - Fund: 373 CFD 2005-5S WASSON CANYON SERVICES FUND - 65,671 65,671 - - Fund: 650 CFD 2003-1S LAW, FIRE & PARAMEDIC SERVICES FUND - 3,519,653 3,519,653 - - Fund: 651 CFD 2006-5S PARK, OPEN SPACE & STORM DRAIN SERVICES FUND - 119,591 119,591 - - Fund: 652 CFD 2007-1S LAW, FIRE & PARAMEDIC SERVICES FUND - 119,641 119,641 - - Fund: 653 CFD 2009-1S PARK, OPEN SPACE & STREET LIGHT SERVICES FUND - 789,803 789,803 - - Fund: 655 CFD 2015-1S LAW, FIRE & PARAMEDIC SERVICES FUND - 749,967 749,967 - - OPERATING BUDGET SUBTOTALS 67,803,135 110,523,784 136,588,029 - 41,738,890 FY2023‐24 ADOPTED AD/CFD/LERA/PFA BUDGETS Fund: 331 CFD 2006-1 IA CC SUMMERLY IMPROVEMENT FUND 302,802 191,440 494,242 - - Fund: 332 CFD 2006-1 IA B SUMMERLY IMPROVEMENT FUND 145,496 186,559 332,055 - - Fund: 333 CFD 2015-4 TERRACINA IMPROVEMENT FUND - 10,500 10,500 - - Fund: 334 CFD 2015-5 TRIESTE IMPROVEMENT FUND 105,124 168,139 273,263 - - Fund: 335 CFD 2003-2 IA E CANYON HILLS IMPROVEMENT FUND 238,963 182,797 421,760 - - Fund: 336 CFD 2006-1 IA FF SUMMERLY IMPROVEMENT FUND 163,297 226,264 389,561 - - Fund: 337 CFD 2016-2 CANYON HILLS IMPROVEMENT FUND 3,557,273 1,324,310 4,881,583 - - Fund: 338 CFD 2006-1 IA JJ SUMMERLY IMPROVEMENT FUND 584,356 339,223 923,579 - - Fund: 339 CFD 2006-1 IA KK SUMMERLY IMPROVEMENT FUND 535,465 278,515 813,980 - - Fund: 340 CFD 2006-1 IA EE SUMMERLY IMPROVEMENT FUND 532,318 299,793 832,111 - - Fund: 345 CFD 2003-2 IA D CANYON HILLS IMPROVEMENT FUND 2,142,272 1,940,940 4,083,212 - - Fund: 346 CFD 2014-1 SOUTHSHORE IMPROVEMENT FUND 6,223 - 6,223 - - Fund: 347 CFD 2006-1 IA A SUMMERLY IMPROVEMENT FUND 156,152 249,996 406,148 - - Fund: 350 CFD 98-1 SUMMERHILL IMPROVEMENT FUND 822,718 1,110,395 1,933,113 - - Fund: 351 CFD 2006-1 IA II SUMMERLY IMPROVEMENT FUND 713,996 437,905 1,151,901 - - Fund: 354 CFD 90-2 TUSCANY HILLS IMPROVEMENT FUND 1,070,814 1,087,659 2,158,473 - - Fund: 355 RAD 2021-1 CANYON HILLS IMPROVEMENT FUND 1,374,463 1,199,427 2,573,890 - - Fund: 357 CFD 2003-02 IA A CANYON HILL IMPROVEMENT FUND 1,589,194 987,139 2,576,333 - - Fund: 359 CFD 2021-1 IA 2 TUSCANY VALLEY IMPROVEMENT FUND - 10,500 10,500 - - Fund: 363 CFD 2023-1 LAKESIDE IMPROVEMENT FUND - 10,500 10,500 - - Fund: 364 CFD 2023-2 LAKESHORE IMPROVEMENT FUND - 10,500 10,500 - Fund: 366 CFD 2005-6 CITY CENTER TOWNHOMES IMPROVEMENT FUND 388,721 271,381 660,102 - - Fund: 368 CFD 2006-2 VISCAYA IMPROVEMENT FUND 803,085 532,544 1,335,629 - - Fund: 369 CFD 2004-3 IA 1 ROSETTA CANYON IMPROVEMENT FUND 2,874,577 1,745,687 4,620,264 - - Fund: 370 CFD 2006-1 IA HH SUMMERLY IMPROVEMENT FUND 608,311 339,442 947,753 - - Fund: 371 CFD 2005-1 SERENITY IMPROVEMENT FUND 1,120,351 685,193 1,805,544 - - Fund: 372 CFD 2005-2 IA A ALBERHILL RANCH IMPROVEMENT FUND 2,831,985 1,629,336 4,461,321 - - Fund: 374 CFD 2005-4 LAKE VIEW VILLAS IMPROVEMENT FUND - 10,500 10,500 - - Fund: 375 CFD 2006-4 CLURMAN FUND - 265,294 265,294 - - Fund: 376 CFD 2006-3 LA STRADA IMPROVEMENT FUND - 10,500 10,500 - - Fund: 377 CFD 2006-6 TESSARA IMPROVEMENT FUND 6,851 225,589 232,440 - - Fund: 378 CFD 2006-8 RUNNING DEER ESTATES IMPROVEMENT FUND 9,195 138,590 147,785 - - Fund: 379 CFD 2022-1 ALBERHILL IMPROVEMENT FUND - 10,500 10,500 - Fund: 384 CFD 2003-2 IA B CANYON HILLS IMPROVEMENT FUND 2,620,110 2,003,934 4,624,044 - - Fund: 385 CFD 2004-3 IA 2 ROSETTA CANYON IMPROVEMENT FUND 3,061,997 1,930,802 4,992,799 - - Fund: 386 CFD 2007-4 MAKENNA COURT IMPROVEMENT FUND 110,712 189,910 300,622 - - Fund: 387 CFD 2007-5 RED KITE IMPROVEMENT FUND 164,468 134,592 299,060 - - Fund: 388 CFD 2007-6 HOLIDAY INN EXPRESS IMPROVEMENT FUND 15 6,730 6,745 - - Fund: 389 CFD 88-3 WEST LAKE VILLAGES IMPROVEMENT FUND 2,320 - 2,320 - - Fund: 390 CFD 2003-2 IA C CANYON HILLS IMPROVEMENT FUND 1,433,301 856,194 2,289,495 - - Fund: 392 CFD 95-1 CIVIC CENTER IMPROVEMENT FUND 157,004 165,432 322,436 - - Fund: 394 CFD 2005-5 WASSON CANYON IMPROVEMENT FUND 189,348 290,201 479,549 - - Fund: 395 CFD 2018-1 WASSON CANYON II IMPROVEMENT FUND 4,961 10,500 15,461 - - Fund: 396 CFD 2019-2 NICHOLS RANCH IMPROVEMENT FUND 284 10,500 10,784 - - Fund: 397 CFD 2019-1 WESTLAKE IMPROVEMENT FUND 609,087 377,028 986,115 - - Fund: 398 CFD 2021-1 IA 1 TUSCANY VALLEY IMPROVEMENT FUND - 10,500 10,500 - - Fund: 400 LE FINANCING AUTHORITY FUND 63,420 853,025 853,025 - 63,420 CITY WIDE ALL FUNDS SUMMARY DocuSign Envelope ID: 2D6122AE-64E0-4E0E-9ACA-B8E97E245CA8 BEGINNING FUND BALANCE REVENUES APPROPRIATIONS NET TRANSFERS IN/(OUT) PROJECTED ENDING FUND BALANCE CITY WIDE ALL FUNDS SUMMARY Fund: 402 LEFFA 2017 LOCAL OBLIGATION BONDS FUND 4,118,907 200,000 291,963 - 4,026,944 Fund: 403 LEFFA 2020A REVENUE REFUNDING BONDS 15,103,288 500,000 1,030,000 - 14,573,288 Fund: 404 LEFFA 2021 REVENUE REFUNDING BONDS 33,655,874 650,000 2,213,001 32,092,873 Fund: 405 LEFFA 2021B REVENUE REFUNDING BONDS 10,431,013 605,000 554,100 10,481,913 Fund: 406 LEFFA 2021A REVENUE REFUNDING BONDS 8,344 1,062,776 1,062,776 8,344 Fund: 510 SARDA AREA I, II, III FUNDS (35,033,415) 22,200,464 10,336,180 - (23,169,131) Fund: 310 SUPORT SERVICES 58,195 119,590 108,720 - 69,065 Fund: 315 FLEET SERVICES 2,085,104 1,881,720 1,834,035 - 2,132,789 Fund: 320 FACILITIES SERVICES 1,944,022 1,017,880 1,050,310 - 1,911,592 Fund: 341 CFD 2017-1S MISSION TRAIL SERVICES FUND - 9,855 9,855 - - Fund: 342 CFD 2007-5S RED KITE SERVICES FUND - 15,900 15,900 - - Fund: 343 CFD 2006-2S VISCAYA SERVICES FUND - 58,067 58,067 - - Fund: 344 CFD 2005-2S ALBERHILL RANCH SERVICES FUND - 195,975 195,975 - - Fund: 358 CFD 2007-4S MAKENNA SERVICES FUND - 29,555 29,555 - - Fund: 362 CFD 2006-8S RUNNING DEER ESTATES SERVICE FUND - 65,055 65,055 - - Fund: 367 CFD 2006-1S SUMMERLY SERVICE FUND - 579,605 579,605 - - Fund: 373 CFD 2005-5S WASSON CANYON SERVICES FUND - 65,671 65,671 - - Fund: 650 CFD 2003-1S LAW, FIRE & PARAMEDIC SERVICES FUND - 3,519,653 3,519,653 - - Fund: 651 CFD 2006-5S PARK, OPEN SPACE & STORM DRAIN SERVICES FUND - 119,591 119,591 - - Fund: 652 CFD 2007-1S LAW, FIRE & PARAMEDIC SERVICES FUND - 119,641 119,641 - - Fund: 653 CFD 2009-1S PARK, OPEN SPACE & STREET LIGHT SERVICES FUND - 789,803 789,803 - - Fund: 655 CFD 2015-1S LAW, FIRE & PARAMEDIC SERVICES FUND - 749,967 749,967 - - OPERATING BUDGET SUBTOTALS 67,803,135 110,523,784 136,588,029 - 41,738,890 FY2023‐24 ADOPTED AD/CFD/LERA/PFA BUDGETS Fund: 331 CFD 2006-1 IA CC SUMMERLY IMPROVEMENT FUND 302,802 191,440 494,242 - - Fund: 332 CFD 2006-1 IA B SUMMERLY IMPROVEMENT FUND 145,496 186,559 332,055 - - Fund: 333 CFD 2015-4 TERRACINA IMPROVEMENT FUND - 10,500 10,500 - - Fund: 334 CFD 2015-5 TRIESTE IMPROVEMENT FUND 105,124 168,139 273,263 - - Fund: 335 CFD 2003-2 IA E CANYON HILLS IMPROVEMENT FUND 238,963 182,797 421,760 - - Fund: 336 CFD 2006-1 IA FF SUMMERLY IMPROVEMENT FUND 163,297 226,264 389,561 - - Fund: 337 CFD 2016-2 CANYON HILLS IMPROVEMENT FUND 3,557,273 1,324,310 4,881,583 - - Fund: 338 CFD 2006-1 IA JJ SUMMERLY IMPROVEMENT FUND 584,356 339,223 923,579 - - Fund: 339 CFD 2006-1 IA KK SUMMERLY IMPROVEMENT FUND 535,465 278,515 813,980 - - Fund: 340 CFD 2006-1 IA EE SUMMERLY IMPROVEMENT FUND 532,318 299,793 832,111 - - Fund: 345 CFD 2003-2 IA D CANYON HILLS IMPROVEMENT FUND 2,142,272 1,940,940 4,083,212 - - Fund: 346 CFD 2014-1 SOUTHSHORE IMPROVEMENT FUND 6,223 - 6,223 - - Fund: 347 CFD 2006-1 IA A SUMMERLY IMPROVEMENT FUND 156,152 249,996 406,148 - - Fund: 350 CFD 98-1 SUMMERHILL IMPROVEMENT FUND 822,718 1,110,395 1,933,113 - - Fund: 351 CFD 2006-1 IA II SUMMERLY IMPROVEMENT FUND 713,996 437,905 1,151,901 - - Fund: 354 CFD 90-2 TUSCANY HILLS IMPROVEMENT FUND 1,070,814 1,087,659 2,158,473 - - Fund: 355 RAD 2021-1 CANYON HILLS IMPROVEMENT FUND 1,374,463 1,199,427 2,573,890 - - Fund: 357 CFD 2003-02 IA A CANYON HILL IMPROVEMENT FUND 1,589,194 987,139 2,576,333 - - Fund: 359 CFD 2021-1 IA 2 TUSCANY VALLEY IMPROVEMENT FUND - 10,500 10,500 - - DocuSign Envelope ID: 2D6122AE-64E0-4E0E-9ACA-B8E97E245CA8 BEGINNING FUND BALANCE REVENUES APPROPRIATIONS NET TRANSFERS IN/(OUT) PROJECTED ENDING FUND BALANCE FY2022‐23 ADOPTED OPERATING BUDGETS Fund:001 GENERAL FUND 17,345,709 65,717,510 65,717,510 - 17,345,709 Fund: 101 SUPPLEMENTAL LAW ENF. (SLESF)- 157,000 157,000 - - Fund: 102 MEASURE Z 13,589,432 15,814,460 22,578,493 - 6,825,399 Fund: 103 THE ANCHOR - 1,261,310 1,261,310 - Fund: 104 TRAFFIC OFFENDER FUND - 21,000 21,000 - - Fund: 106 AFFORDABLE HOUSING IN-LIEU 3,890,128 403,100 4,293,228 - - Fund: 107 DEVELOPER AGREEMENT 59,403 70,767 130,170 - Fund: 108 AMERICAN RESCUE PLAN - 10,065,257 9,405,480 - 659,777 Fund: 110 STATE GAS TAX FUND (OPER & CIP)256,417 1,808,502 2,050,979 - 13,940 Fund: 114 SB1186 CAS EDUCATION FUND 44,653 12,600 2,100 - 55,153 Fund: 115 TRAFFIC SAFETY FUND 36,750 173,130 186,505 - 23,375 Fund: 130 CITY-WIDE LLMD FUND 104,088 1,647,640 1,751,728 - - Fund: 135 LLMD NO. 1 754,447 787,939 767,780 - 774,606 Fund: 155 NPDES - 1,229,255 1,229,255 - - Fund: 180 LAUNCH POINTE 15,542,570 5,107,000 5,069,180 - 15,580,390 Fund: 300 INSURANCE SERVICES 1,412,195 1,127,700 1,151,720 - 1,388,175 Fund: 305 INFORMATION SYSTEMS SERVICES 1,852,298 1,981,030 2,105,940 - 1,727,388 Fund: 310 SUPORT SERVICES 47,325 119,590 108,720 - 58,195 Fund: 315 FLEET SERVICES 1,902,234 2,011,570 1,828,700 - 2,085,104 Fund: 320 FACILITIES SERVICES 1,944,022 1,009,820 1,043,000 - 1,910,842 Fund: 330 CFD 2015-2S MAINTENANCE SERVICES FUND - 320,158 277,298 - 42,860 Fund: 341 CFD 2017-1S MISSION TRAIL SERVICES FUND - 9,480 9,480 - - Fund: 342 CFD 2007-5S RED KITE SERVICES FUND - 15,590 15,590 - - Fund: 343 CFD 2006-2S VISCAYA SERVICES FUND - 57,425 57,425 - - Fund: 344 CFD 2005-2S ALBERHILL RANCH SERVICES FUND - 194,122 194,122 - - Fund: 358 CFD 2007-4S MAKENNA SERVICES FUND - 29,725 28,975 - 750 Fund: 362 CFD 2006-8S RUNNING DEER ESTATES SERVICE FUND - 30,511 30,211 - 300 Fund: 367 CFD 2006-1S SUMMERLY SERVICE FUND - 571,235 569,235 - 2,000 Fund: 373 CFD 2005-5S WASSON CANYON SERVICES FUND - 64,380 64,380 - - Fund: 650 CFD 2003-1S LAW, FIRE & PARAMEDIC SERVICES FUND - 3,477,650 3,477,650 - - Fund: 651 CFD 2006-5S PARK, OPEN SPACE & STORM DRAIN SERVICES FUND - 117,250 117,250 - - Fund: 652 CFD 2007-1S LAW, FIRE & PARAMEDIC SERVICES FUND - 117,295 117,295 - - Fund: 653 CFD 2009-1S PARK, OPEN SPACE & STREET LIGHT SERVICES FUND - 766,596 766,596 - - Fund: 655 CFD 2015-1S LAW, FIRE & PARAMEDIC SERVICES FUND - 495,000 497,275 - (2,275) OPERATING BUDGET SUBTOTALS 58,781,671 116,792,597 127,082,580 - 48,491,688 FY2022‐23 ADOPTED AD/CFD/LERA/PFA BUDGETS Fund: 331 CFD 2006-1 IA CC SUMMERLY IMPROVEMENT FUND 302,802 193,625 490,487 - 5,940 Fund: 332 CFD 2006-1 IA B SUMMERLY IMPROVEMENT FUND 145,496 184,979 328,895 - 1,580 Fund: 333 CFD 2015-4 TERRACINA IMPROVEMENT FUND - 11,700 10,500 - 1,200 Fund: 334 CFD 2015-5 TRIESTE IMPROVEMENT FUND 105,124 168,307 271,598 - 1,833 Fund: 335 CFD 2003-2 IA E CANYON HILLS IMPROVEMENT FUND 238,963 185,287 419,950 - 4,300 Fund: 336 CFD 2006-1 IA FF SUMMERLY IMPROVEMENT FUND 163,297 223,926 385,123 - 2,100 Fund: 337 CFD 2016-2 CANYON HILLS IMPROVEMENT FUND 3,557,273 1,302,219 4,774,372 - 85,120 Fund: 338 CFD 2006-1 IA JJ SUMMERLY IMPROVEMENT FUND 584,356 347,460 916,926 - 14,890 Fund: 339 CFD 2006-1 IA KK SUMMERLY IMPROVEMENT FUND 535,465 286,770 808,518 - 13,717 Fund: 340 CFD 2006-1 IA EE SUMMERLY IMPROVEMENT FUND 532,318 304,354 826,232 - 10,440 Fund: 345 CFD 2003-2 IA D CANYON HILLS IMPROVEMENT FUND 2,142,272 1,978,727 4,085,149 - 35,850 Fund: 346 CFD 2014-1 SOUTHSHORE IMPROVEMENT FUND 6,223 2,000 6,673 - 1,550 Fund: 347 CFD 2006-1 IA A SUMMERLY IMPROVEMENT FUND 156,152 245,842 401,244 - 750 Fund: 350 CFD 98-1 SUMMERHILL IMPROVEMENT FUND 822,718 1,122,230 1,936,310 - 8,638 Fund: 351 CFD 2006-1 IA II SUMMERLY IMPROVEMENT FUND 713,996 449,640 1,143,313 - 20,323 Fund: 354 CFD 90-2 TUSCANY HILLS IMPROVEMENT FUND 1,070,814 1,301,960 2,371,284 - 1,490 Fund: 355 RAD 2021-1 CANYON HILLS IMPROVEMENT FUND 1,374,463 1,223,040 2,488,055 - 109,448 Fund: 357 CFD 2003-02 IA A CANYON HILL IMPROVEMENT FUND 1,589,194 1,005,820 2,564,975 - 30,039 Fund: 359 CFD 2021-1 IA 2 TUSCANY VALLEY IMPROVEMENT FUND - 10,500 10,500 - - Fund: 361 CFD 2022-2 LAKESHORE IMPROVEMENT FUND - 31,170 - 31,170 Fund: 363 CFD 2023-1 LAKESIDE IMPROVEMENT FUND - 21,000 20,000 1,000 Fund: 366 CFD 2005-6 CITY CENTER TOWNHOMES IMPROVEMENT FUND 388,721 277,968 657,279 - 9,410 Fund: 368 CFD 2006-2 VISCAYA IMPROVEMENT FUND 803,085 529,604 1,325,639 - 7,050 Fund: 369 CFD 2004-3 IA 1 ROSETTA CANYON IMPROVEMENT FUND 2,874,577 1,757,410 4,593,029 - 38,958 Fund: 370 CFD 2006-1 IA HH SUMMERLY IMPROVEMENT FUND 608,311 354,920 641,096 - 322,135 Fund: 371 CFD 2005-1 SERENITY IMPROVEMENT FUND 1,120,351 689,461 1,805,542 - 4,270 Fund: 372 CFD 2005-2 IA A ALBERHILL RANCH IMPROVEMENT FUND 2,831,985 1,656,040 4,426,577 - 61,448 Fund: 374 CFD 2005-4 LAKE VIEW VILLAS IMPROVEMENT FUND - 10,500 10,500 - - Fund: 375 CFD 2006-4 CLURMAN FUND - 261,891 260,091 - 1,800 Fund: 376 CFD 2006-3 LA STRADA IMPROVEMENT FUND - 10,500 10,500 - - Fund: 377 CFD 2006-6 TESSARA IMPROVEMENT FUND 6,851 3,795,036 227,987 - 3,573,900 Fund: 378 CFD 2006-8 RUNNING DEER ESTATES IMPROVEMENT FUND 9,195 67,034 73,429 - 2,800 Fund: 379 CFD 2022-1 ALBERHILL IMPROVEMENT FUND - 200 200 - Fund: 384 CFD 2003-2 IA B CANYON HILLS IMPROVEMENT FUND 2,620,110 2,100,000 4,604,741 - 115,369 Fund: 385 CFD 2004-3 IA 2 ROSETTA CANYON IMPROVEMENT FUND 3,061,997 2,000,000 4,974,934 - 87,063 Fund: 386 CFD 2007-4 MAKENNA COURT IMPROVEMENT FUND 110,712 195,000 296,898 - 8,814 Fund: 387 CFD 2007-5 RED KITE IMPROVEMENT FUND 164,468 147,000 299,060 - 12,408 Fund: 388 CFD 2007-6 HOLIDAY INN EXPRESS IMPROVEMENT FUND 15 7,000 6,613 - 402 Fund: 389 CFD 88-3 WEST LAKE VILLAGES IMPROVEMENT FUND 2,320 13,750 13,750 - 2,320 Fund: 390 CFD 2003-2 IA C CANYON HILLS IMPROVEMENT FUND 1,433,301 378,780 2,274,608 - (462,527) Fund: 392 CFD 95-1 CIVIC CENTER IMPROVEMENT FUND 157,004 165,782 322,786 - - Fund: 394 CFD 2005-5 WASSON CANYON IMPROVEMENT FUND 189,348 292,310 473,857 - 7,801 Fund: 395 CFD 2018-1 WASSON CANYON II IMPROVEMENT FUND 4,961 10,700 15,661 - - Fund: 396 CFD 2019-2 NICHOLS RANCH IMPROVEMENT FUND 284 10,700 10,984 - - Fund: 397 CFD 2019-1 WESTLAKE IMPROVEMENT FUND 609,087 383,770 979,820 - 13,037 Fund: 398 CFD 2021-1 IA 1 TUSCANY VALLEY IMPROVEMENT FUND - 10,850 10,850 - - CITY WIDE ALL FUNDS SUMMARY DocuSign Envelope ID: 2D6122AE-64E0-4E0E-9ACA-B8E97E245CA8 BEGINNING FUND BALANCE REVENUES APPROPRIATIONS NET TRANSFERS IN/(OUT) PROJECTED ENDING FUND BALANCE CITY WIDE ALL FUNDS SUMMARY Fund: 400 LE FINANCING AUTHORITY FUND 63,068 561,563 624,631 - - Fund: 402 LEFFA 2017 LOCAL OBLIGATION BONDS FUND 4,118,907 219,990 290,005 - 4,048,892 Fund: 403 LEFFA 2020A REVENUE REFUNDING BONDS 15,103,288 500,000 520,000 - 15,083,288 Fund: 404 LEFFA 2021 REVENUE REFUNDING BONDS 33,655,874 1,035,260 2,203,960 - 32,487,174 Fund: 405 LEFFA 2021B REVENUE REFUNDING BONDS - 605,000 605,000 - - Fund: 406 LEFFA 2021A REVENUE REFUNDING BONDS 8,344 1,063,731 1,072,075 - - Fund: 407 LEFFA 2022A REVENUE REFUNDING BONDS - 2,213,693 1,563,358 - 650,335 Fund: 510 SARDA AREA I, II, III FUNDS 10,431,013 24,862,210 9,636,180 - 25,657,043 Fund: 603 PUBLIC PURPOSE TRUST - CARL GRAVES FUND 40 3,060 640 - 2,460 Fund: 604 ENDOWMENT TRUST - ADOLPH KORN FUND 30 860 630 - 260 Fund: 617 SARDA HOUSING FUND 51,996,170 7,077,550 1,050,000 - 58,023,720 Fund: 630 LAKE WATER MANAGEMENT ESCROW FUND 2,581,500 109,410 4,082,000 - (1,391,090) Fund: 631 DESTRATIFICATION EQUIPMENT REPLACEMENT FUND 536,400 186,000 722,400 - - Fund: 739 LEPFA 2014 SERIES B FUND 16,018,440 700,000 1,308,570 - 15,409,870 Fund: 740 LEPFA 2015 FUND 94,653,630 4,843,410 6,924,210 - 92,572,830 Fund: 741 LEPFA 2015 SERIES A FUND 2,754,250 100,000 156,390 - 2,697,860 Fund: AD/CFD/LERA/PFA SUBTOTALS 262,958,563 69,808,499 83,336,584 - 249,430,478 FY2022‐23 ADOPTED CAPITAL BUDGET Fund: 105 GENERAL PROJECTS (OPER & CIP)170,780 - 170,780 - - Fund: 109 SB1 ROAD MAINTENANCE AND REHAB 740,356 1,436,698 2,177,054 - - Fund: 111 TUMF CAPITAL PROJECT FUND - 6,500,000 6,500,000 - - Fund: 112 MEASURE 'A' FUND 1,564,590 2,024,100 3,380,824 - 207,866 Fund: 113 SB821 FUND - 463,766 463,766 - - Fund: 116 CITY HALL/P.W. DIF FUND 178,545 76,100 254,645 - - Fund: 117 COMMUNITY CENTER DIF FUND 114,974 50,500 165,474 - - Fund: 118 LAKE SIDE FACILITIES DIF FUND 205,269 76,100 281,369 - - Fund: 119 ANIMAL SHELTER FACILITY DIF FUND 167 25,200 25,367 - - Fund: 121 TOTAL ROAD IMPROVEMENT PRGM (TRIP)12,930 501,370 508,880 - 5,420 Fund: 140 GEOTHERMAL FUND 13,565 215 13,690 - 90 Fund: 150 CDBG FUND - 906,179 906,179 - - Fund: 160 PEG GRANT FUND 68,207 23,869 92,076 - - Fund: 202 LA STRADA RBBD FUND 23,586 430 23,721 - 295 Fund: 203 SUMMERLY TRAFFIC INFRASTRUCTURE FEE (ELSP)3,326,038 60,100 3,386,138 - - Fund: 205 TRAFFIC IMPACT FEE FUND 198,032 387,968 586,000 - - Fund: 211 STORM DRAIN CIP FUND 2,704,984 465,100 2,016,763 - 1,153,321 Fund: 221 QUIMBY FUND 253,429 126,100 379,529 - - Fund: 231 LIBRARY CIP DIF FUND 1,294,859 46,300 1,341,159 - - Fund: 232 FIRE PROTECTION DIF FUND 490,956 92,100 583,056 - - Fund: 500 CAPITAL IMPROVEMENT PLAN FUND 12,814,311 71,859,119 84,673,430 - - Fund: 540 SARDA DIAMOND STADIUM FUND 423,660 2,958,910 4,698,920 - (1,316,350) Fund: 605 PUBLIC IMPROVEMENTS IN-LIEU FUND 1,653,224 85,100 1,738,324 - - Fund: 606 AB2766 AIR POLLUTION REDUCTION FUND 191,949 82,100 274,049 - - CAPITAL BUDGET SUBTOTALS 26,444,411 88,247,424 114,641,193 - 50,642 TOTALS 348,184,645$ 274,848,520$ 325,060,357$ ‐$ 297,972,808$ DocuSign Envelope ID: 2D6122AE-64E0-4E0E-9ACA-B8E97E245CA8