Loading presentation...

Present Remotely

Send the link below via email or IM

Copy

Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.

DeleteCancel

Make your likes visible on Facebook?

Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.

No, thanks

Budget Workshop May 21, 2015

No description
by

Tim Kirby

on 24 May 2016

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Budget Workshop May 21, 2015

Citywide Budget
Supplements
Fiscal Context
Operating Budget
FY 2015/16
Recommended
Budget Workshop


May 21, 2015
Increasing
Demand
on Services
Staffing
Levels
Personnel
Costs
Overview by Fund
Project Highlights
A Balanced Approach
Strategic Initiatives
Workforce
Services and Projects
60 Projects totaling $135 M
Primarily funded by Park Dedication Fee revenue
All 21 parks scheduled over the 20-year plan
Parks and Recreation
Park Renovations
Near-term renovations:
Fair Oaks Park - $8.2M starting in FY 2015/16
Lakewood Park - $6.3M starting in FY 2016/17
Ortega Park - $10.8M over twenty years

Playground Equipment Replacement - $3.4M over 20 years
Washington Community Swim Center
$7.9m over the next four years

Fully rebuilding facility, replacing the pool complex

New family observation area, zero depth entry pools, water play equipment, slides, and wading areas
Lakewood Branch Library
Constructing a branch library facility at the Lakewood School site

$11.5M over four years starting in FY 2015/16

Pushed out one year due to delay in Raynor Activity Center sale

Increased operating costs budgeted with completion of construction
Community Center Renovation
Significant renovation currently underway

$5.4M over 20 years

Includes heating and air conditioning renovation, theater house lighting, fire protection systems and more
Mathilda / 237 / 101 Interchange
In partnership with VTA, this project makes roadway improvements to provide more efficient traffic flow

Total estimated cost of project is $16.5 M, funded by a combination of grants and matching funds

Sunnyvale's share of design and construction is funded by Transportation Impact Fee revenue
Calabazas Creek Bridge
$9.9M budgeted to upgrades the safety of the bridge structure

Design underway; construction to begin mid-2016

88.5% of project costs to be funded by Caltrans federal Highway Bridge Program funds
Fair Oaks Bridge
$22.8M budgeted

Project to address deck cracking, inadequate sidewalk width , and barrier railings

88% of project costs anticipated to be funded by Caltrans federal Highway Bridge Program funds
Traffic & Transportation
Sidewalk, Curb and Gutter Replacement
$14.6M budgeted over twenty years

Provides annual funding for the replacement of damaged or raised sidewalks, curbs, and gutters throughout the City.

Elevated funding in FY2014/15 through FY 2017/18
Water Main Replacements
More than $70 million over twenty years

Brings water lines up to current standards for fire protection

Replacement 2.8 miles per year, just under 1% of the system
Water Tanks and Wells
$2.5M through FY 2016/17 for the reconstruction of Central Well

$8.7M over 20 years for water tank refurbishment

Wells are an important backup supply
Wolfe Road Recycled
Water Line
In partnership with the Santa Clara Valley Water District, Apple, and Cal Water, with additional funding provided by a state grant

Sunnyvale share $2.1M

Will compliment investments at the WPCP to produce recycled water continuously
Water Supply
Major Housing Projects
Persian Dr. - $5M to develop 60 unit affordable apartment rental complex

Morse Court - $1M to rehab 35 unit affordable apartment complex

Homeless Prevention & Rapid Re-Housing - $250K for rental assistance program
Major Downtown Projects
Downtown development continuing - Solstice and Carmel Loft apartments rented, businesses opened: Prolific Oven, Philz Coffee, Kabul

Budget Supplement - Evaluate market potential and appropriate land use mix for Town Center

Budget Supplement - Sunnyvale Downtown Business Association funding for five years and Board Seat
Governance and Community
Engagement Projects
Community Choice Energy - $500,000 budgeted in FY 2015/16 for initial work

Climate Action Plan (CAP) Implementation - $526,200 budgeted over next two years to initiate implementation of the plan

Minimum Wage Enforcement Agreement - $30,000
budgeted per year over twenty-year plan

General Fund outside group funding support - $115,000

Employment
Real Estate
Economy
General Fund
Revenues
Expenditures
Reserves
Property Tax
Assessed Values
Revenues
Expenditures
Sales Tax
Transient Occupancy Tax
Utility Users Tax
Other Revenue Highlights
Three Primary Reserves:

Contingency Reserve
- Council Policy to be 15% of operating budget in first year of long-term plan

Reserve for Capital Improvement Projects
- Funds held from one-time sources to fund CIP projects

Budget Stabilization Fund
- Functions to normalize service levels
- Council policy to be at least 15% of total projected revenues for years 1 & 2
Budget Stabilization Fund
Enterprise Funds
Utility Funds
Transfers In From Other Funds
Personnel costs account for 82% of the General Fund Operating budget

Miscellaneous employees salary increase assumption - 2% (Years 1-9), 3% (Years 10-19), 2% (Year 20).

Safety employees salary increase assumptions - 3% (Years 1-9), 4% (Years 10-19), 3% (Year 20)

Benefit costs - average increase of 3% annually over long-term plan
Salaries and Benefits
Projects include DPS Recruitment, Body Worn Cameras, CCE, CAP implementation, and Minimum wage enforcement

Equipment accounts for DPS and Recreation - DPS equipment now includes Taser replacement

Service Level Set-Aside - $950,000 annually starting in FY 2015/16 for additional services or other expenditures

Budget Supplements - $241,000 in FY 2015/16


Other General Fund Expenditures
20 Year Impact
$67.5M
20 Year Impact
$3M
20 Year Impact
$23M
20 Year Impact
$2.5M
Construction Tax: $2.6M for FY 2015/16, up $4.2M over twenty years

Sale of Property: Unilever site sale revised up to $18M and brought forward one year, all revenue goes to Capital Improvement Project Reserve

Service Fees: Recreation and public safety fees, $6.8M in FY 2015/16, revised down over the twenty year plan by $4.6M

Permits and Licenses: $1.7M in FY 2015/16, down $1.4M over twenty years


In-Lieu Charges and Transfers are from other City funds to pay for projects and the cost of Citywide administration

Revenue from In-Lieu charges is up $17.5M due to the Development Enterprise Fund paying its full share

Inter-fund revenues are primarily from loan repayments to the General Fund from other funds

Segregated into four self supporting enterprise funds
- Water Supply and Distribution
- Wastewater Management
- Solid Waste Management
- SMaRT Station (pass through)
Revenues derived from service fees (commonly called utility rates)

Development Enterprise
Development Revenue History
Golf and Tennis Operations
Capital & Infrastructure Funds
Used to account for new or enhanced non-utility assets or major rehabilitation of capital facilities

FY 2015/16 project budget totals $6.9 M

Distinct Subfunds
- General Assets - Gas Tax
- Traffic Mitigation - Traffic Impact Fee

Diverse Funding Sources
Capital Projects Fund
Infrastructure Fund
To account for long-term renovation and replacement of the City’s non-utility, existing physical assets

FY 2015/16 project budget totals $13.9 M funded by transfers from other funds

Includes $1.5M per year from the General Fund for future infrastructure projects

Subfunds
- General Assets - Golf and Tennis

Special Revenue Funds
Housing Fund
Park Dedication Fund
Deferred Maintenance/investment
Rising
Construction
Costs
Economic
Cycles
Investing in Sunnyvale's Infrastructure
Strengthening the City's Financial Position
Rebuilding Capacity to Meet Strategic Priorities
Accounts for monies received through drug and other law enforcement activities

Revenues coming in lower than estimated due to revised distribution methodology

Remaining funding provides for juvenile diversion activities through FY 2016/17, and partial replacement of Tasers with the balance being absorbed by the General Fund


Gas Tax Fund
Internal Service Funds
Fleet, Facilities, Technology Services

Rental rates charged to operating programs for operations and replacement costs

Rental rates up slightly, averaging 2.5% over the first ten years and 3.1% over the second ten years


General Services Fund
Employee Benefits Fund
Accounts for personnel benefit expenses
- Pension costs
- Leave costs
- Insurance costs
- Worker’s compensation costs


Medical Premiums
Conducted a detailed review of projects for the entire 20-year planning period

293 projects totaling $880 million over 20 years

Four broad categories - Capital, Infrastructure, Special and Outside Group

Updated for current costs, scope, and timing

48 Projects Totaling $153 M
Various funding sources including grants, gas tax, impact fees
Includes critical intersection, bridge, and roadway projects
Aligns with City and County transportation plans
13 Unfunded Projects
Construction of a New Water Pollution Control Plant
More than $330M over ten years with cost and schedules to be updated with Master Plan

Master planning, EIR, and primary process and design work underway

Manage the gap projects underway to keep operations running
Stormwater Permit
Wastewater
Wastewater Collection System Replacement
$22M over the next twenty years to repair, replace and rehabilitate sewer lines throughout the City

$7M for rehabilitation of the Lawrence trunk line

$4.6M for rehabilitation fo the City's two storm pump stations
Mathlida / 237 / 101 Interchange
Roadway improvements to provide more efficient traffic flow

Funded by federal Highway Bridge Program funds

$12.25M budgeted over 20 years
Calabazas Creek Bridge
$9.9M budgeted to upgrades the safety of the bridge structure

Design underway; construction to begin mid-2016

88.5% of project costs to be funded by Caltrans federal Highway Bridge Program funds
Fair Oaks Bridge
$22.8M budgeted

Project to address deck cracking, inadequate sidewalk width , and barrier railings

88% of project costs anticipated to be funded by Caltrans federal Highway Bridge Program funds
Sidewalk, Curb and Gutter Replacement
$14.6M budgeted over twenty years

Provides annual funding for the replacement of damaged or raised sidewalks, curbs, and gutters throughout the City.

Elevated funding in FY2014/15 through FY 2017/18
Zero Waste Strategic Plan
$29.4M over 21 years

Funds Council adopted Zero Waste Policy goals - 75% waste diversion by 2020 and 90% by 2030

Includes new collection programs, outreach, and improvements to waste recovery processes at the SMaRT Station
Solid Waste
SMaRT Station Replacement
$30 million planned for replacement of SMaRT Station in or about FY 2021/22

Coincides with the termination of the three-city MOU

Funding provided to begin work on new partnerships and design in preceding years
Mathlida / 237 / 101 Interchange
Roadway improvements to provide more efficient traffic flow

Funded by federal Highway Bridge Program funds

$12.25M budgeted over 20 years
Calabazas Creek Bridge
$9.9M budgeted to upgrades the safety of the bridge structure

Design underway; construction to begin mid-2016

88.5% of project costs to be funded by Caltrans federal Highway Bridge Program funds
Fair Oaks Bridge
$22.8M budgeted

Project to address deck cracking, inadequate sidewalk width , and barrier railings

88% of project costs anticipated to be funded by Caltrans federal Highway Bridge Program funds
Sidewalk, Curb and Gutter Replacement
$14.6M budgeted over twenty years

Provides annual funding for the replacement of damaged or raised sidewalks, curbs, and gutters throughout the City.

Elevated funding in FY2014/15 through FY 2017/18
Administrative Facilities
21 Projects totaling $103 M
Funded by rate revenues and bond proceeds
Focus on replacement and rehabilitation of water infrastructure
Public Safety Recruitment and Training
$57M over 20 years for recruitment and training of sworn officers

Funding accelerated in order to address reduced staffing levels in the department

Schedule reflects $9.3M over the next three years to fund increased recruitment efforts
Fire Station 5 Improvements
$850,000 in FY 2015/16 to supplement construction of a new Fire Station 5

Includes installation of a new communications monopole to ensure reliable communications in north Sunnyvale
Public Safety
Body Worn Cameras
$5.2M over twenty years to purchase, maintain and replace body worn cameras for all Public Safety Officers

Project will also fund ongoing video storage needs

Options currently being evaluated with procurement beginning early FY 2015/16
Other Projects
$356 M
$351 M
39 Projects totaling $401 M
Funded by rate revenues and bond proceeds
Largest capital project in the City - Water Pollution Control Plant replacement
Significant infrastructure needs
17 Projects totaling $71 M
Funded by rate revenue, bond proceeds, other cities contributions
Includes Smart Station projects
19 Projects totaling $8.7 M
Funded by General Fund, Utilities Funds, Sale of Property
22 Projects totaling $66 M
Funded by General Fund, grants, restricted revenues
Projects include facilities, services, equipment
Housing, Governance, and Outside Group Funding projects
Funding sources include grants and City funds
AV Growth Forecast
Building Permit Revenue History
Additional $2.5M/year
Reflects approved projects
Additional downtown sales tax pushed out and reduced
Sales tax revenue has declined over the last three years
4.5% increase budgeted for FY 2015/16, 1% for FY 2016/17
Tax rate currently 10.5%
Three hotels built into plan - approved
Elevated for FY 2015/16 and then reduced to average for FY 2016/17
Not growing as anticipated
Reset the telecom base down
Sales Tax History - Major Groups
Capital Projects Fund - Funding Sources
Infrastructure Fund - Funding Sources
Housing Mitigation Fee Revenue
Housing Fund - Funding Sources
Historical Total Compensation
Historical and Projected
Employer Contribution Rates
$6.9 M to address stormwater concerns required by the regional stormwater permit

Trash solutions are a combination of capture and trash reduction programs

Funds will also provide additional targeted street sweeping
Corporation Yard Rehabilitation
$1.6 M in funding for minimal maintenance and repair of the City's Corporation Yard

Master planning of the site underway

Minor upgrades in safety equipment and energy improvements

Maintains the facility in working condition


Civic Center Modernization
$400,000 to begin study of modernizing the Civic Center and Library

Includes space study and community engagement efforts

Draft vision plan, success criteria, and needs assessment approved by Council
Sunnyvale Unemployment Rate History
Sunnyvale Home Sales History
Policy
Development
TOT Revenue History
UUT Revenue History
Asset Forfeiture Fund
Projected OPEB Funded Status

3 Public Safety Officers
1 Public Safety Specialist
1 Assistant City Manager
1 Assistant City Engineer
1 Admin Analyst
Change Highlights
Top General Fund Revenues
Expenditures by Fund Type
Full transcript