Full Text
Supplies Svcs & Capital Outlay Employee Services Transfers Out Debt Service 03/04 04/05 05/06 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 Total City & RDA Expenditures by Type City of Campbell California Budget Summary Fiscal 2005 - 2006 Jane P. Kennedy Mayor Jeanette Watson Donald R. Burr Vice-Mayor Councilmember Daniel Furtado Joseph D. Hernandez Councilmember Councilmember Daniel Rich City Manager Jesse Takahashi Acting Finance Director The Mayor serves a one year term from November to November. Mayor & Councilmembers serve as Redevelopment Agency Chairperson and Board Members respectively. 70 North First Street - Campbell - CA - 95008 408 - 866 - 2100 www.ci.campbell.ca.us Capital Projects by Category FY 05/06 Expenditures - Excluding Transfers - $5,220,600 Community Center 3.4% Streets & Signals 10.5% Redevelopment 86.1% 03/04 04/05 % 05/06 % Actual Adopted Change Adopted Change Taxes: Property 9,673 $ 9,947 $ 2.83% 11,720 $ 17.82% Sales 10,684 11,590 8.48% 10,000 -13.72% Franchise 1,237 1,256 1.54% 1,265 0.72% Transient Occupancy Taxes 882 1,507 70.86% 950 -36.96% Other Taxes 530 560 5.66% 595 6.25% Total Taxes 23,006 24,860 8.06% 24,530 -1.43% Licenses & Permits 1,241 1,430 15.23% 1,257 -12.10% Fines & Forfeitures 316 300 -5.06% 300 0.00% Investment Income 1,151 1,609 39.79% 1,537 -4.47% Intergovernmental Revenues: In-Lieu Tax 1,769 2,250 27.19% 250 -88.89% Gasoline Tax 731 776 6.16% 776 0.00% Comm. Dev. Block Grant 172 166 -3.49% 166 0.00% Other 1,370 290 -78.83% 337 16.21% Total Intergovernmental Rev. 4,042 3,482 -13.85% 1,529 -56.09% Charges for Services 3,187 3,720 16.72% 3,881 4.33% Other Revenue 1,045 1,417 35.60% 1,592 12.35% Rentals/Leases 1,133 1,277 12.71% 1,270 -0.55% Special Assessments 1,166 1,183 1.46% 1,165 -1.52% Charges to Operating Departments 2,407 2,364 -1.79% 1,979 -16.29% Operating Reserves (Beg. Fund Bal.) - 5,702 100.00% 4,532 -20.52% Interfund Operating Transfers 4,136 3,799 -8.15% 3,769 -0.79% Total Operating Revenue 42,830 51,143 19.41% 47,341 -7.43% Capital Project Funding (BFB) - 3,328 100.00% 175 -94.74% Capital Project Funding (Other) 308 2,358 665.58% 5,046 113.99% Interfund Capital Transfers 8,082 5,686 -29.65% 5,221 -8.18% Total Revenue 51,220 $ 62,515 $ 22.05% 57,783 $ -7.57% Total City & RDA Revenue Source Revenue Summary (In 000's) 03/04 04/05 % 05/06 % Actual Adopted Change Adopted Change General Fund 26,791 $ 30,198 $ 12.72% 29,255 $ -3.12% Special Revenue Funds: Gas Tax 975 1,033 5.95% 1,108 7.26% Lighting District 2,126 2,406 13.17% 2,328 -3.24% Housing & Comm. Develop. 289 401 38.75% 410 2.24% Grants & Other Special Rev. 103 - 0.00% - 0.00% Total City Special Revenue 3,493 3,840 9.93% 3,846 0.16% City Debt Service Funds 1,665 1,670 0.30% 1,668 -0.12% Redevelopment Agency Funds: Low & Moderate Income Housin 192 3,733 1844.27% 1,251 -66.49% RDA Debt Service 3,638 4,001 9.98% 4,132 3.27% RDA Administration/Projects 1,547 331 -78.60% 335 1.21% Total RDA Funds 5,377 8,065 0.00% 5,718 -29.10% Internal Service Funds: Motor Vehicle Pool 940 900 -4.26% 1,113 23.67% Information Technology Pool 1,293 1,371 6.03% 1,196 -12.76% Worker's Compensation 1,241 669 -46.09% 773 15.55% Total Internal Service Funds 3,474 2,940 -15.37% 3,082 4.83% Interfund Oper. Transfers 4,136 3,799 -8.15% 3,769 -0.79% Total Operating Expenditures 44,936 50,512 12.41% 47,338 -6.28% Cap. Projects & Cap. Transfers 16,999 11,372 -33.10% 10,441 -8.19% Total Expenditures 61,935 $ 61,884 $ -0.08% 57,779 $ -6.63% Total City & RDA Expenditure Summary (In 000's) Fund Description ---PAGE BREAK--- Franchise Fees 4% Sales Taxes 33% Other Taxes 2% Property Taxes 19% Licenses & Permits 4% Other Revenue 11% Operating Transfers 4% Transient Occupancy Taxes 4% Charges for Services 10% Rents & Leases 4% Intergovernmental 2% Investment Income 3% General Fund Expenditures Summary - $30,925,523 General Fund Revenue Summary - $30,929,750 Full Time Equivalents by Fiscal Year July 1, 2005 Dear Campbell Residents, I am pleased to provide this budget summary for your information. Despite the difficult economic times of the past several years, City services and the quality of life in Campbell remain high and the City is fiscally secure. This is possible due to the joint efforts of City staff, management, City Council and the public that has culminated with a conservatively-produced balanced budget. Services such as police and fire protection, parks and street maintenance, community and economic development, recreation and senior programs all contribute to the strength of our community, and sufficient funding is available in this year’s budget to continue these vital services. This budget summary presents an overview of the City’s total budgeted revenues and expenditures as well as that of its General Fund, which accounts for the majority of the City’s services. Below is a summary of the City and Redevelopment Agency’s (RDA) FY 2005-06 operating and capital budgets. Entity Operating Capital Total City $40,915,115 $10,266,200 $51,181,315 RDA 6,423,352 175,000 6,598,352 Total budget $47,338,467 $10,441,200 $57,779,667 Capital expenditures represent uses of “one-time” monies to pay for capital improvements. Capital projects approved for FY 2005-06 include street improvements to Bascom Avenue, additional funds for City-wide street maintenance and bicycle and pedestrian traffic safety improvements, an upgrade to the fire alarm system at the Community Center and installation of three water wells on behalf of the Santa Clara Valley Water District. There are a number of ongoing fiscal challenges that will continue to face the City over the next several years including potential State take-aways of shared City revenues, funding of increased benefit costs, and maintaining the City’s streets and sidewalks at their current condition levels. There are also opportunities on the horizon that bring the potential of new funding sources. Over the next year, the City will see the opening of a new hotel along with the development of several retail projects that should provide additional sources of ongoing revenues to help fund a portion of these increased costs. In summary, the fiscal 2005-06 budget is balanced, utilizing $2.7 million in General Fund reserves and including 16 frozen positions. The City will continue to take measures to account for fiscal strains while working to ensure that the programs and services provided to our residents reflect the high quality and value they have come to expect. Sincerely, Daniel Rich, City Manager Interfund Capital Transfers 0.3% Public Works 8.9% Interfund Operating Transfers 5.1% Public Safety 51.6% Community Development 5.2% City Administration 6.1% Recreation & Community Services 17.7% Finance & Non- Departmental 5.1% Temporary Full-Time Total 03/04 04/05 05/06 - 50.00 100.00 150.00 200.00 250.00 229.56 184.35 45.40 227.37 184.60 42.77 45.21 229.15 183.75 03/04 04/05 % 05/06 % Actual Adopted Change Adopted Change Taxes: Property 3,799 $ 4,188 $ 10.24% 5,940 $ 41.83% Sales 10,684 11,590 8.48% 10,000 -13.72% Franchise 1,237 1,256 1.54% 1,265 0.72% Transient Occupancy Taxes 882 1,507 70.86% 950 -36.96% Other Taxes 530 560 5.66% 595 6.25% Total Taxes 17,132 19,101 11.49% 18,750 -1.84% Licenses & Permits 1,241 1,430 15.23% 1,257 -12.10% Investment Income 410 950 131.71% 850 -10.53% Intergovernmental Revenues: Vehicle License 1,769 2,250 27.19% 250 -88.89% Other 189 261 38.10% 279 6.90% 1,958 2,511 28.24% 529 -78.93% Charges for Services 2,639 3,168 20.05% 3,174 0.19% Other Revenue: Rentals/Leases 1,133 1,277 12.71% 1,270 -0.55% Fines & Forfeitures 316 300 -5.06% 300 0.00% Other Miscellaneous Revenue 607 498 -17.96% 734 47.39% Reserves and Beg. Fund Bal. - 1,817 100.00% 2,693 48.21% Interfund Operating Transfers 1,170 1,189 1.62% 1,293 8.75% Total Other Revenue 3,226 5,081 57.50% 6,290 23.79% Total Operating Revenue 26,606 32,241 21.18% 30,850 -4.31% Capital Project Funding - 1,080 100.00% 80 -92.59% Total General Fund Revenue 26,606 $ 33,321 $ 25.24% 30,930 $ -7.18% Revenue Source General Fund Revenue Summary (In 000's) Total Intergovernmental Revenue 03/04 04/05 % 05/06 % Actual Adopted Change Adopted Change City Council 219 $ 238 $ 8.68% 227 $ -4.62% City Manager 1,131 1,135 0.35% 1,063 -6.34% City Clerk 342 432 26.32% 387 -10.42% City Attorney 186 199 6.99% 204 2.51% City Treasurer 23 12 -47.83% 12 0.00% Recreation & Comm. Svcs. 5,105 5,912 15.81% 5,479 -7.32% Finance 931 941 1.07% 963 2.34% Non-Departmental 694 621 -10.52% 607 -2.25% Community Development 1,404 1,498 6.70% 1,593 6.34% Police 9,813 12,044 22.74% 11,619 -3.53% Fire 4,268 4,283 0.35% 4,350 1.56% Public Works 2,675 2,883 7.78% 2,751 -4.58% Interfund Operating Transfer 1,857 1,749 -5.82% 1,590 -9.09% Total Operating Expen. 28,648 31,947 11.52% 30,845 -3.45% Interfund Capital Transfers 1,064 1,080 1.50% 80 -92.59% Total Expenditures 29,712 $ 33,027 $ 11.16% 30,925 $ -6.36% Description General Fund Expenditure Summary (In 000's)