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Home My WebLink AboutItem No. 03 - Fiscal Year 2024-25 Measure Z Budget Spending Plan Update3)Fiscal Year 2024-25 Measure Z Budget Spending Plan Update Receive and File the Fiscal Year 2024-25 Measure Z Budget Spending Plan Update. Page 1 of 3 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:February 27, 2025 Subject:Fiscal Year 2024-25 Measure Z Budget Spending Plan Update Recommendation Receive and File the Fiscal Year 2024-25 Measure Z Budget Spending Plan Update. Background On November 3, 2020, residents 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 is identified 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 consistent with the community's established goals and needs. 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. 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 Fiscal Year 2024-25 Measure Z Budget Spending Plan Update Page 2 of 3 •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 the 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 $29.8 million in Measure Z funds for the Fiscal Year 2024-25. This amount includes fund balance, revenues, and investment earnings. The table below is a summary of budgeted expenditures: Expenditures to date are shown in Exhibit A. Most of the projects have not yet started or are in design. Additionally, operating expenditures are transferred at the end of the year. 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. DESCRIPTION Budget Actual % SHARE Anim al Control $265,000 $0 0.0% Em ergency Services 384,600 0 0.0% Fire Services 2,836,700 0 0.0% General Plan U pdate 1,266,050 42,984 3.4% Hom eles s Services 1,824,260 0 0.0% Lake Managem ent 3,197,020 3,157,037 98.7% Police Services 3,962,820 0 0.0% Public Services 232,910 0 0.0% Capital Im provem ents 14,806,666 1,883,815 12.7% $28,776,026 $5,083,836 17.7% FY2024-25 Fiscal Year 2024-25 Measure Z Budget Spending Plan Update Page 3 of 3 Attachments Attachment 1 - FY 2024-25 Mid-Year Measure Z Budget Update Administrative Services CITY OF LAKE ELSINORE, CALIFORNIA SELECTED ANALYSIS OF PROGRAM & CAPITAL COSTS - MEASURE Z FY2024-25 BUDGET SPENDING PLAN UPDATE As of December 31, 2024 DESCRIPTION Annual Amended Budget Total Activity Percentage of Budget Fundbalance @ June 30,2024 12,770,016$ 12,770,016$ 100% Estimated Revenues 16,544,000 5,234,677 32% Estimated Investment Earnings 500,000 255,817 51% 29,814,016$ 18,260,510$ 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 42,984 3% 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 3,197,020 3,157,037 99% 13,969,360$ 3,200,021$ REVENUES OPERATING & PROGRAM SPENDING PLAN Amphitheater 1,074,481 271,961 25% Annual Citywide Asphalt Maintenance Program 885,992 271,961 31% Auto Center Drive Bridge Retrofit 730,000 76,374 10% Broadway Tract Paving 140,852 0% Citywide Park IT Improvements 60,000 2,236 4% Downtown Main Street Parking & Landscape Improvements (1)500,000 16,282 3% Gedge and Treleven Avenue Pavement Resurfacing (1)150,000 333 0% Gunnerson Street/Riverside Drive Intersection Traffic Signal Improvements 31,000 21,445 69% Highway Safety Improvements Cycle 9 168,105 10,130 6% Highway Safety Improvements Cycle 11 100,000 0% I-15/Franklin Street Interchange Improvements 1,010,000 0% I-15/Main Street Interchange Landscape Improvements 600,000 30,054 5% I-15/Nichols Road Interchange 5,000 5,000 100% Lakeshore Sidewalk Improvements 457,630 0% Main Street Interchange (1) 600,000 541,362 90% Main Street/Railroad Canyon Art Panels (1) 500,000 436,865 87% Main Street Pedestrian Safety Improvements & IT Improvements 2,433,031 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 58,017 12% Railroad Canyon Road Safety Improvements 561,250 0% Special Needs Sports Park 1,000,000 116,952 12% Sportsplex 871,500 0% Spring Street Sidewalk 380,000 0% Terra Cotta Road Street Improvements 801,969 24,843 3% 14,806,666$ 1,883,815$ 13% Totals 28,776,026$ 5,083,836$ 18% (1) Carryover from FY 23/24 - CAPITAL PROJECT SPENDING PLAN