HomeMy WebLinkAboutItem No. 02 - Update on Fiscal Year 2024-25 Measure Z Budget2)Update on Fiscal Year 2024-25 Measure Z Budget
Receive and file an update on the Fiscal Year 2024-25 Measure Z Budget Spending Plan.
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REPORT TO CITY COUNCIL
To:Honorable Chair and Members of the Measure Z Citizen Committee
From:Jason Simpson, City Manager
Prepared by:Shannon Buckley, Assistant City Manager
Date:December 4, 2024
Subject:Update on Fiscal Year 2024-25 Measure Z Budget
Recommendation
Receive and file an update on the Fiscal Year 2024-25 Measure Z Budget Spending Plan.
Background
On November 3, 2020, residents of the City of Lake Elsinore voted in favor of Measure Z, a locally
controlled one-cent, or one percent, transaction and use tax to generate unrestricted general fund
dollars to address City service, public safety, and local recovery needs. Measure Z will soon be
formally codified in Chapter 3.30 of the Lake Elsinore Municipal Code, available online on the
City's website.
The Measure Z Citizen Committee's primary role is to independently review and provide advice
and guidance concerning the expenditure of Measure Z revenues. The Committee is tasked with
meeting in a public forum at least twice each calendar year to ensure funding is being used in a
manner consistent with the established goals and needs of the community. Specifically, the
Committee must annually review and report on the City's proposed and actual expenditure of
proceeds generated by the transactions and use tax, along with reviewing the independent annual
audit of those revenues and expenditures prepared by a Certified Public Accounting firm. The
Committee's report shall then be submitted to the City Council for review and discussion at the
next City Council meeting.
Measure Z Budget Update
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Discussion
Before the passage of Measure Z, the City engaged residents and businesses as part of its Let's
Talk Lake Elsinore campaign to identify the community's needs. Based on this effort and ongoing
community opinion surveys, residents identified the following spending priorities:
•Provide quick responses to 911 emergencies
•Address Homelessness
•Fix streets and repair potholes
•Keep public areas clean, healthy, and free of graffiti
•Provide law enforcement services, including neighborhood patrols, crime prevention,
investigations
•Make improvements to Lake Elsinore's water quality, beaches, and recreational amenities
•Prepare for public health emergencies, wildfires, natural disasters, and other large-scale
emergencies
•Improve economic development and attract new employers and businesses to Lake
Elsinore
•Revitalize outdated commercial areas of the City
•Expand and improve a network of trails and bike lanes
•Build a new library
The City has identified Measure Z projects for the Fiscal Year 2024-25 as outlined in the attached
Measure Z Budget Spending Plan based on the priorities identified by the community. As shown,
staff estimated the City will have approximately $26.5 million in Measure Z funds for the Fiscal
Year 2024-25. This amount includes fund balance, revenues, and investment earnings.
The City Council adopted the following allocation of Measure Z funds on June 11, 2024:
Expenditures to date are shown in Attachment 1. Most of the projects have not yet started or are
in design. Additionally, operating expenditures are transferred at midyear.
Measure Z Budget Update
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Fiscal Impact
The expenditures outlined in the Fiscal Year 2024-25 Measure Z Budget Spending Plan are part
of the Fiscal Year 2024-25 Annual Operating Budget and Fiscal Year 2024-25 to 2028-29 Capital
Budget.
Attachments
Attachment 1 - Statement of Revenues, Expenditures, and Changes in Fund Balance for
Measure Z
Administrative Services
CITY OF LAKE ELSINORE, CALIFORNIA
SELECTED ANALYSIS OF PROGRAM & CAPITAL COSTS - MEASURE Z
FY2024-25 BUDGET SPENDING PLAN UPDATE
As of September 30, 2024
DESCRIPTION
Annual Amended
Budget Total Activity
Percentage of
Budget
Fundbalance @ June 30,2024 9,482,026$ 12,770,016$ 135%
Estimated Revenues 16,794,000 2,417,647 14%
Estimated Investment Earnings 250,000 0%
26,526,026$ 15,187,663$
Expenditures by Department:
General Government:
Community Support
Homeless - Staffing - Community Support Manager (50%)123,130 0%
Homeless - Staffing - Management Analyst (50%)81,550 0%
Public Safety:
Police Services
Measure Z - Service Increases
Increased Patrol Hours 687,830 0%
Dedicated Positions Increases 1,107,280 0%
Accident Investigation Cars 799,040 0%
Other Overtime Increases and others 283,880 0%
Homeless Team
Homeless - Staffing - 2 Community Patrol Offers 462,560 0%
Homeless - Staffing - 1 Community Service Officer II 144,260 0%
Other Overtime Increases and others 477,970 0%
Fire Services
Medic Squad Personnel - Station 10 Downtown 2,196,700 0%
Quint #97 Replacement 640,000 0%
Animal Services
Field Services 265,000 0%
Emergency Services
Emergency Prepardness - Staffing - 1 Emergency Services Manager 264,140 0%
Emergency Prepardness - Operations 120,460 0%
Community Development:
Planning
General Plan Update 1,266,050 19,999 2%
Code Enforcement
Homeless - Staffing - 1 Code Enforcement Manager 316,210 0%
Homeless - Staffing - 1 Code Enforcement Supervisor - 50%90,240 0%
Homeless - encampments, cleanup, etc.250,000 0%
Public Services:
Engineering
Traffic Engineering - Staffing - 1 City Traffic Engineer 232,910 0%
Homeless:
Street Outreach 352,150 0%
Supportive Services 490,000 0%
Repair & Maintenance 120,980 0%
Lake Management
Water Quality Control Projects 1,697,020 1,437,668 85%
12,469,360$ 1,457,667$
REVENUES
OPERATING & PROGRAM SPENDING PLAN
Amphitheater 2,574,481 0%
Annual Citywide Asphalt Maintenace Program 885,992 0%
Auto Center Drive Bridge Retrofit 425,500 37,096 9%
Broadway Tract Paving 140,852 0%
Citywide Park IT Improvements 60,000 2,236 4%
Downtown Main Street Parking & Landscape Improvements (1)304,500 16,282 5%
Gedge and Treleven Avenue Pavement Resurfacing (1)450,000 333 0%
Gunnerson Street/Riverside Drive Intersection Traffic Signal Improvements 31,000 17,665 57%
Highway Safety Improvements Cycle 9 168,105 10,130 6%
Highway Safety Improvements Cycle 11 100,000 0%
I-15/Franklin Street Interchange Improvements 560,000 0%
I-15/Main Street Interchange Landscape Improvements 600,000 12,835 2%
I-15/Nichols Road Interchange 5,000 5,000 100%
Lakeshore Sidewalk Improvements 457,630 0%
Main Street Interchange (1) 405,000 175,400 43%
Main Street/Railroad Canyon Art Panels (1) 500,000 244,595 49%
Main Street Pedestrian Safety Improvements & IT Improvements 1,528,031 0%
Mountain & Avocado Way Tract Paving Rehabilitation 148,990 0%
Murrieta Creek Regional Trail Connection 1,096,866 0%
Parks Master Plan (1)500,000 19,512 4%
Railroad Canyon Road Safety Improvements 561,250 0%
Special Needs Sports Park 500,000 44,044 9%
Sportsplex 871,500 0%
Spring Street Sidewalk 380,000 0%
Terra Cotta Road Street Improvements 801,969 1,403 0%
14,056,666$ 586,531$ 4%
Totals 26,526,026$ 2,044,198$ 8%
(1) Carryover from FY 23/24
CAPITAL PROJECT SPENDING PLAN