PISMO BEACH COUNCIL AGENDA REPORT

Transcription

1 PISMO BEACH COUNCIL AGENDA REPORT Agenda Item #11.C SUBJECT/TITLE: BUDGET ADJUSTMENTS FOR FISCAL YEAR 2019 TO REFLECT BUDGET UPDATES RECOMMENDATION: Adopt a Resolution approving and appropriating budget adjustments for Fiscal Year EXECUTIVE SUMMARY: The City of Pismo Beach operates on a two-year budget cycle, which allows for long-term planning, coordination of multi-year capital projects, and efficiency of staff time as budget preparation only occurs every other year. In order to maintain accuracy of the budget and update the City s financial plan, it is important to review and revise it periodically (i.e., every six months) to ensure the budget reflects current revenues received and operating costs and trends. The purpose of this agenda item is to provide an opportunity for the City Council to review, approve, and/or make changes to staff s recommended mid-year budget adjustments for Fiscal Year (FY) 2019, via adoption of a Resolution provided as Attachment 1. The proposed mid-year budget adjustments reflect: additional revenues; project adjustments for the Pier Plaza/Pier Parking lot upgrade, Local Coastal Plan update, Shell Beach Streetscape grant funding, Spyglass Park parking lot upgrade, wastewater, and public facilities; storm and flood damage costs and recoveries; debt service realignments; and technical adjustments related to City events. The net fiscal impact of approving all these changes across all funds is $475, of net additional savings in. The following table illustrates the net fiscal impact for each category, where negative amounts reflect additional costs or reduced revenues and positive amounts reflects reduced costs or additional revenues. 11.C-1

2 Table 1: Proposed Mid-Year Budget Adjustments Fiscal Impact by Category Proposed Budget Adjustment Category Fiscal Impact Additional Revenues $ 500, Pier Plaza/Pier Parking Lot Upgrade 200, General Plan update (600,000.00) Shell Beach Streetscape - Spyglass Park Parking Lot 65, WW Projects (192,000.00) Public Facilities (37,990.29) Storm and Flood Damage Costs & (218,658.00) Debt Service Realignment 797, Technical Adjustments - City Events (39,036.00) Total Net Fiscal Impact All Funds $ 475, The following sections describe the components of each category. Additional Revenues The San Luis Obispo County Auditor Controller's office updated its property tax revenue estimates, which will result in a $500,000 projected increase in the City s property tax revenues. Assessed value cannot increase by more than 2.0% per year per Section 2 of Article XIIIA of the California Constitution. However, the San Luis Obispo County Auditor-Controller s office is projecting assessed values to increase by 5.57%, reflecting supplemental assessments (new construction and change in ownership) and the recovery of Proposition 8 reductions which can increase assessed values over the 2.0% per year rate. Staff recommends appropriating $500,000 in of additional property tax revenues in the General Fund. The following table illustrates the net fiscal impact of the proposed budget adjustment. Table 2: Additional Revenues Proposed One-time/ Budget Description Fund Ongoing Adjustment Additional Property Tax Revenues General Fund Ongoing $ 500, Net Fiscal Impact (Revenues - Expenditures) $ 500, Pier Plaza/Pier Parking Lot Upgrade Staff has identified three items related to the Pier Plaza/Pier Parking Lot Upgrade project for Council s consideration. These include deappropriating the estimated Pier project budget savings, appropriating those savings for two Airstream trailers on the Pier for use as a bait shack and Visitor Information Kiosk, and appropriating the additional 1% Lodging Business Improvement District (LBID) assessment revenues for infrastructure 11.C-2

3 improvements for the Pier Plaza/Pier Parking Lot Upgrade project. These changes have a net fiscal impact of $200,000 of savings across all funds in, which can reimburse the General Fund available fund balance that was previously used to support a portion of the costs for the Pier Plaza/Pier Parking Lot construction documents. The following table illustrates the net fiscal impact of the proposed changes by fund, followed by a brief description of each item. Table 3: Pier Plaza/Pier Parking Lot Upgrade One-time/ Proposed Budget Description Fund Ongoing Adjustment Revenues LBID additional 1% assessment revenues LBID Fund Ongoing $ 461, Total Revenues $ 461, Expenditures Airstream for Pier Bait Vending Pier Enterprise Fund One-time $ 300, Deappropriate pier project savings General Fund One-time (500,000.00) LBID 1% for improvements Capital Projects Fund One-time 461, Total Expenditures $ 261, Net Fiscal Impact (Revenues - Expenditures) $ 200, Deappropriate Pier project budget savings: The Pier project is complete and staff are working out final invoices related to the project. Staff s current estimated savings for the project is $500,000. Staff recommends deappropriating the $500,000 of savings and return the funds back to the General Fund. A portion of these funds, $200,000, can reimburse the General Fund available fund balance that was previously used to support a portion of the costs for the Pier Plaza/Pier Parking Lot construction documents. Airstreams for Pier: On October 16, 2018, the City Council adopted Resolution No. R , which authorized the City Manager to purchase two Airstream trailers for an amount up to $150,000. This resolution referred to anticipated General Fund savings from the Pier project. Staff recommends appropriating $300,000 for two Airstreams on the Pismo Beach Pier, one Airstream to replace the Bait Shack and one Airstream to replace the Visitor Information Center. This amount would support not only the purchase of the Airstreams, but also the retrofit and related infrastructure improvements to the Pier to service the Airstreams. The Airstreams are proposed to be budgeted in the Pier Enterprise Fund. LBID 1% for Improvements: On October 2, 2018, the City Council adopted Resolution No. R to levy an additional 1% annual assessment for the Lodging Business Improvement District (LBID) starting on January 1, This additional 1% LBID assessment is on top of the original 1% LBID assessment and can only be used for infrastructure improvements identified in the LBID s business plan and annual report. One of those improvements is the Pier Plaza/Pier Parking Lot Upgrade project. Staff recommends appropriating the $461,130 of estimated amount of LBID assessment revenues for the partial year and appropriating those funds for the Pier Plaza/Pier Parking Lot Upgrade project for a net fiscal impact of $0. 11.C-3

4 Local Coastal Plan Update The City is in need of a Local Coastal Plan (LCP) Update as the associated General Plan and Zoning Codes are outdated and do not adequately address a number of newer land uses and environmental issues. Additionally, the City has two Zoning Codes: a coastal Zoning Code (1983) and a non-coastal Zoning Code (1998) which often create confusion with the public and can be difficult to manage for the City. The estimated initial cost of the update is $600,000. To date, the City has been awarded $85,000 in grants from the California Coastal Commission and will be seeking additional funding to help offset costs. Staff recommend that Council appropriate $600,000 from the General Fund available fund balance to support the Local Coastal Plan Update. The following table illustrates the net fiscal impact of the proposed budget adjustment for the Local Coastal Plan update. Table 4: Local Coastal Plan Update One-time/ Ongoing Proposed Budget Adjustment Description Fund Expenditures Local Coastal Plan Update General Fund One-time $ 600, Net Fiscal Impact (Revenues - Expenditures) $ (600,000.00) Shell Beach Streetscape Grant Funding The Shell Beach Streetscape project is budgeted and currently in progress. PG&E awarded the City a $2,500 grant for public outreach efforts for the Shell Beach Streetscape project. Staff recommend that the Council appropriate these grant revenues and corresponding revenues in the General Fund for a net fiscal impact of $0. The following table illustrates the net fiscal impact of the proposed changes in the General Fund. Table 5: Shell Beach Streetscape Grant Funding One-time/ Proposed Description Fund Ongoing Budget Adjustment Revenues PG&E grant for Shell Beach Streetscape General Fund One-time $ 2, Public Outreach Total Revenues $ 2, Expenditures PG&E grant for Shell Beach Streetscape Public Outreach General Fund One-time $ 2, Total Expenditures $ 2, Net Fiscal Impact (Revenues - Expenditures) $ - 11.C-4

5 Spyglass Park Parking Lot On September 18, 2018 and November 6, 2018, the City Council adopted Resolutions No. R and R , respectively, awarding contracts for the installation and purchase of playground equipment for Spyglass Park. The parking lot at Spyglass Park needs improvements and can be supported by Park Development Funds. However, the General Fund budget includes $125,000 for parking lot improvements for Spyglass Park. Staff recommends deappropriating the $125,000 from the General Fund and appropriate a more current estimate of the work ($60,000) in the Park Development Fund. The net fiscal impact is a General Fund savings of $125,000 and a Park Development Fund cost of $60,000 for an all funds savings of $65,000. The following table illustrates the net fiscal impact of the proposed changes by fund. Table 6: Spyglass Park Parking Lot One-time/ Proposed Budget Description Fund Ongoing Adjustment Expenditures Deappropriate Spyglass Parking Lot General Fund One-time $ (125,000.00) Spyglass Parking Lot Improvements Park Development Fund One-time 60, Total Expenditures $ (65,000.00) Net Fiscal Impact (Revenues - Expenditures) $ 65, Wastewater Projects The City s wastewater system collects and treats wastewater to meet federal, state, and City laws and requirements. Staff have identified two projects in the City s 10-year Capital Improvement Plan (CIP) but not yet budgeted and one project that has unanticipated costs that should be budgeted. Staff recommends appropriating $192,000 from the Wastewater Enterprise Fund budgets to support these projects in. The following table illustrates the net fiscal impact of the proposed changes in the Wastewater Enterprise Funds, followed by a brief description of each item. Table 7: Wastewater Projects Proposed One-time/ Budget Description Fund Ongoing Adjustment Expenditures Lift Station Maintenance Project Wastewater Treatment Fund One-time $ 87, New Chlorine System Wastewater Treatment Fund One-time 25, Oxidation Ditch Maintenance Wastewater Treatment Fund One-time 80, Total Expenditures $ 192, Net Fiscal Impact (Revenues - Expenditures) $ (192,000.00) 11.C-5

6 Lift Station Maintenance Project: The Lift Station Maintenance Project includes construction of improvements and maintenance to various wastewater lift stations throughout the City. As the project progresses, staff have identified additional costs for construction management, engineering services design consultants, and work for unforeseen circumstances and minor additional work during construction. This additional work is estimated to cost approximately $87,000. Staff recommends appropriating $87,000 in the Wastewater Construction Fund using Wastewater Enterprise Fund available balance to support this project. New Chlorine System: The 10-year CIP includes a New Chlorine System project to replace the existing chlorine analyzer which has reached the end of its useful life with a new programmable unit. This project was not included in City s budget, but should be budgeted for the wastewater system. Staff recommends appropriating $25,000 in the Wastewater Construction Fund using Wastewater Enterprise Fund available balance to support this project. Oxidation Ditch Maintenance: The 10-year CIP includes an Oxidation Ditch Maintenance project to clean and maintain oxidation ditches. This project was not included in City s budget, but should be budgeted for the wastewater system. Staff recommends appropriating $80,000 in the Wastewater Construction Fund using Wastewater Enterprise Fund available balance to support this project. Public Facilities The City maintains various public facilities that are used for various purposes. Staff has identified three budget adjustments related to adjusting the uses of public facilities with a net fiscal impact of $37, of additional costs. The following table illustrates the net fiscal impact of the proposed changes in the General Fund, followed by a brief description of each item. Table 8: Public Facilities Description Expenditures Convert old HR office to new City Hall Kitchen/break room office remodel Deappropriate Civic Center project to free up funds to support Public Safety Facility project Ventana Lot - lot split and surveying services to prepare lot for sale Fund One-time/ Ongoing Proposed Budget Adjustment General Fund One-time $ 30, General Fund One-time (1,329.71) General Fund One-time 9, Total Expenditures $ 37, Net Fiscal Impact (Revenues - Expenditures) $ (37,990.29) City Hall Remodel: The City s Employee Development Advisory Committee (EDAC) surveyed City staff to determine a new use for the now-vacated Human Resources office. Based on that survey, staff determined that the best use for the area was a new 11.C-6

7 kitchen and break room. The Community Development Department estimates that a kitchen remodel, utilities, and break room furniture could cost $30,000. Staff recommend that the Council appropriate $30,000 in the General Fund for this project. Public Safety Facility project: The "Ventana lot," located at the corner of James Way and Ventana Drive, was originally selected as a secondary location for a City fire station. However, after community outreach in the Bello Corridor and Council support for a new Public Safety Center, the Bello Street Fire Station No. 64 is planned to move into a future remodeled version of the Old City Hall building. As such, the Ventana lot is no longer needed for the fire station. Staff recommends deappropriating $1, from the old Civic Center project and appropriating $9, to split the Ventana lot and seek surveying services to prepare the lot for sale. Storm and Flood Damage Costs & The City experienced significant storm damage in the FY 2017 rain storm that caused significant erosion to the bluffs and damage to roads and infrastructure. In addition, City Hall experienced flood damage in May 2018 which damaged the IT server room, Finance offices, and Conference & Visitors Bureau offices, including necessary supplies and equipment. Based on these events, staff has identified some initial costs that are either fully or partially covered by insurance claim reimbursements or potential Federal Emergency Management Agency (FEMA) grants. The net fiscal impact is an additional cost of $218,658. The following table illustrates the net fiscal impact of the proposed changes in by fund, followed by a brief description of each item. 11.C-7

8 Table 9: Storm and Flood Damage Costs & Proposed Budget Adjustment Description Fund One-time/ Ongoing Revenues Flood Damage - Insurance Reimbursement for flood damage General Fund one-time $ 68, Storm Damage: Ocean Boulevard Project Costs Capital Projects one-time 9, Ocean Boulevard Project: Storm Damage - Grant revenues Capital Projects one-time 70, Price Canyon Slope Repair: Storm Damage - Costs Capital Projects one-time 4, Price Canyon Slope Repair: Storm Damage - Grant revenues Capital Projects one-time 35, Total Revenues $ 188, Expenditures 2017 Storm Damage Sites: Dolphin Bay Storm Drain, Harbor View storm drain outfall, Franklin Storm Drain, Ebb Tide Bluff protection General Fund one-time $ 250, IT Storage System (replacement from flood damage) Technology Service Fund one-time 50, Deappropriate Ebb Tide Project Half Cent Sales Tax Fund one-time (27,000.00) Storm Damage: Ocean Boulevard Project Costs General Fund one-time 9, Storm Damage: Ocean Boulevard Project Costs Capital Projects one-time 80, Storm Damage: Price Canyon Slope Repair - Costs General Fund one-time 4, Storm Damage: Price Canyon Slope Repair - Costs Capital Projects one-time $ 40, Total Expenditures $ 406, Net Fiscal Impact (Revenues - Expenditures) $ (218,658.00) Flood Damage Insurance Reimbursement: As part of the May 2018 City Hall flood damage, the brand new IT storage equipment was damaged. As part of the City s flood claim, this IT storage equipment, valued at $50,000, and other equipment, staff time, and repair costs were reimbursed in the amount of $68,106. Staff recommends that Council appropriate the $68,106 of revenues from insurance and transfer $50,000 of those funds to the Technology Service Fund to replace the two IT storage equipment. Storm Damage: The Public Works Department Engineering Division is working with FEMA and the City s insurance provider to seek reimbursement for several of the repairs to damaged sites related to the 2017 storm event. FEMA already reimbursed 11.C-8

9 the City $101,833 in previous fiscal years related to the damage, which is now reflected in the General Fund available fund balance. Staff recommends deappropriating $27,000 in the Ebb Tide project and use those savings as well as the FEMA funds to support a $250,000 cost for engineering design services for Dolphin Bay storm drain, Harbor View storm drain outfall, Franklin storm drain, and the Ebb Tide bluff protection. Ocean Boulevard Project: As part of the 2017 storm event, staff has been working with Caltrans and the Federal Highway Administration (FHWA) to seek funding for the storm damage in the Ocean Boulevard project. Staff recommends appropriating $80,000 to support the cost of preparing a Request for Proposals (RFP), assuming a $70,824 Caltrans/FHWA 88.53% reimbursement and $9,176 from the General Fund for the 11.47% matching funds. Price Canyon Slope Repair Project: As part of the 2017 storm event, staff has been working with Caltrans and FHWA to seek funding for the Price Canyon slope and road damage project. Staff recommends appropriating $40,000 to support the cost of preparing an RFP, assuming a $35,412 Caltrans/FHWA 88.53% reimbursement and $4,588 from the General Fund for the 11.47% matching funds. Debt Service Realignment Staff has identified debt service realignments and related budget adjustments related to the Energy Efficiency project. These changes result in a net fiscal impact of $797,775 of expenditure savings across all funds. The following table illustrates the net fiscal impact of the proposed changes, followed by a brief description of each item. 11.C-9

10 Table 10: Debt Service Realignment Proposed One-time/ Budget Description Fund Ongoing Adjustment Revenues CREBS Debt Service Realignment General Fund ongoing $ (1,800.00) CREBS Debt Service Realignment Capital Projects ongoing (301,957.60) CREBS Debt Service Realignment Public Financing Agency one-time 403, CREBS Debt Service Realignment Public Financing Agency ongoing 296, CREBS Debt Service Realignment Wastewater Capital Projects ongoing (2,633,970.00) Pier Debt Service Realignment Public Financing Agency ongoing 403, Energy Efficiency Project Costs Capital Projects one-time 348, Energy Efficiency Project Costs Wastewater Capital Projects one-time 3,025, Total Revenues $ 1,540, Expenditures CREBS Debt Service Realignment General Fund ongoing $ (3,278,590.35) CREBS Debt Service Realignment Wastewater Treatment Fund ongoing $ 265, Energy Efficiency Project Costs General Fund one-time $ 449, Energy Efficiency Project Costs Capital Projects one-time $ (20,378.00) Energy Efficiency Project Costs Public Financing Agency one-time $ 3,185, Energy Efficiency Project Costs Wastewater Treatment Fund one-time $ 141, Energy Efficiency Project Costs Wastewater Capital Projects one-time $ (1,130.00) Pier Debt Service Realignment General Fund ongoing $ - Total Expenditures $ 742, Net Fiscal Impact (Revenues - Expenditures) $ 797, CREBs Debt Service Changes: The City s new financial auditors have recommended that the CREBs proceeds and the debt service payments be accounted for the in the Public Financing Agency debt service fund. These revenues and expenditures are currently budgeted in the General Fund. Based on this recommendation, staff have identified various budgets that need to be moved from the General Fund and Wastewater Enterprise Fund to the Public Financing Agency Fund. Pier Debt Service Realignment: The City s new financial auditors have recommended that the Pier bond debt service payments be accounted for the in the Public Financing Agency debt service fund. These expenditures are currently budgeted in the General Fund. Based on this recommendation, staff have identified various budgets that need to be moved from the General Fund to the Public Financing Agency Fund. Energy Efficiency Project Costs: The Energy Efficiency Project budget includes support for a large solar and energy storage project at the Wastewater Treatment Plant and at the Police Station and various energy efficient initiatives throughout various City facilities. The project budget included the cost of the Engie Energy Services Contract, with no additional contingency budget. Due to some additional unforeseen costs in the project, staff recommends that Council appropriate $46, C-10

11 and $8,000 in the General Fund and Wastewater Enterprise Fund, respectively, in the Energy Efficiency project to support these additional costs. Technical Adjustments for City Event Budgets The General Fund budget for City events was budgeted the Conference and Visitors Bureau (CVB) expenditure budget net of estimated revenues. However, the City must budget for gross expenditures and revenues. Staff recommends that the following adjustments be made to properly account for the gross expenditures. The net fiscal impact is an additional cost of $35,466 to the General Fund. The following table illustrates the net fiscal impact of the proposed changes in the General Fund. Table 11: Technical Adjustments for City Event Budgets One-time/ Ongoing Proposed Budget Adjustment Description Fund Revenues Band Review General Fund ongoing (3,570.00) Clam Festival General Fund ongoing 6, Total Revenues $ 2, Expenditures Band Review General Fund ongoing $ 6, Clam Festival General Fund ongoing 13, July 4th Event General Fund ongoing 19, Amgen Tour costs LBID Fund one-time - Total Expenditures $ 38, Net Fiscal Impact (Revenues - Expenditures) $ (35,466.00) Recommendation Staff recommends that Council adopt the attached Resolution (Attachment 1) to reflect City staff s proposed budget adjustments for. FISCAL IMPACT: The net fiscal impact of approving the attached Resolution (Attachment 1) is $475, of net additional revenues in. The following table illustrates the proposed revenue and expenditure budget adjustments by fund, with the net fiscal impact by fund. 11.C-11

12 Table 12: Proposed Mid-Year Budget Adjustments Fiscal Impact Budget Fund Title Type Adjustment General Fund Rev $ 571, General Fund Exp (2,157,986.70) General Fund Net 2,729, Half Cent Sales Tax Fund Exp (27,000.00) LBID Fund Rev 461, LBID Fund Exp 461, LBID Fund Net - Capital Projects Rev 475, Capital Projects Exp 408, Capital Projects Net 66, Park Development Fund Exp 60, Public Financing Agency Rev 1,104, Public Financing Agency Exp 3,185, Public Financing Agency Net (2,081,742.71) Wastewater Treatment Fund Exp 599, Wastewater Capital Projects Rev 583, Wastewater Capital Projects Exp 190, Wastewater Capital Projects Net 392, Pier Enterprise Fund Rev (200,000.00) Pier Enterprise Fund Exp (200,000.00) Pier Enterprise Fund Net - Technology Service Fund Rev 50, Technology Service Fund Exp 50, Technology Service Fund Net - All Funds Total $ 475, The various funds have sufficient fund balance to support the one-time costs and net operating surpluses sufficient to support the ongoing costs. ALTERNATIVES: 1. Approve some of the proposed mid-year budget adjustments. 2. Do not approve the proposed mid-year budget adjustments and provide alternative direction to staff. ATTACHMENTS: 1. Resolution for Mid-Year Budget Adjustments 1.A. Exhibit A to Resolution: Summary of Budget Adjustments by Fund and Fiscal Year for FY C-12

13 Prepared by: Meeting Date: December 18, 2018 Nadia Feeser, Administrative Services Director City Manager Approval: 11.C-13

14 Attachment 1 RESOLUTION NO. R-2018-XXX A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PISMO BEACH APPROVING AND APPROPRIATING BUDGET ADJUSTMENTS FOR FISCAL YEAR 2019 WHEREAS, the City of Pismo Beach operates on a two-year budget cycle, which allows for long-term planning, coordination of multi-year capital projects, and efficiency of staff time as budget preparation only occurs every other year; and WHEREAS, in order to maintain accuracy of the budget and update the City s financial plan, it is important to review and revise it periodically to ensure the budget reflects current revenues received and operating costs and trends; and WHEREAS, City staff proposes budget adjustments to reflect: additional revenues; project adjustments for the Pier Plaza/Pier Parking lot upgrade, Local Coastal Plan update, Shell Beach Streetscape grant funding, Spyglass Park parking lot upgrade, wastewater, and public facilities; storm and flood damage costs and recoveries, debt service realignments; and technical adjustments related to City events; and WHEREAS, the net fiscal impact of approving the attached Resolution is $475, of net additional revenues in. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Pismo Beach hereby appropriates changes in revenues and expenditures for as summarized in the table below, and detailed in attached Exhibit A, which by this reference are made a part hereof. This table and attached exhibits include is $475, of net additional revenues in to reflect the Council-approved budget adjustments. 11.C-14

15 Attachment 1 Summary of Budget Adjustments by Fund Budget Fund Title Type Adjustment General Fund Rev $ 571, General Fund Exp (2,157,986.70) General Fund Net 2,729, Half Cent Sales Tax Fund Exp (27,000.00) LBID Fund Rev 461, LBID Fund Exp 461, LBID Fund Net - Capital Projects Rev 475, Capital Projects Exp 408, Capital Projects Net 66, Park Development Fund Exp 60, Public Financing Agency Rev 1,104, Public Financing Agency Exp 3,185, Public Financing Agency Net (2,081,742.71) Wastewater Treatment Fund Exp 599, Wastewater Capital Projects Rev 583, Wastewater Capital Projects Exp 190, Wastewater Capital Projects Net 392, Pier Enterprise Fund Rev (200,000.00) Pier Enterprise Fund Exp (200,000.00) Pier Enterprise Fund Net - Technology Service Fund Rev 50, Technology Service Fund Exp 50, Technology Service Fund Net - BE IT FURTHER RESOLVED that the City Council of the City of Pismo Beach hereby appropriates any transfers or allocations between funds necessary to implement these Council-approved adjustments for. UPON MOTION OF Council Member, seconded by Council Member, the foregoing resolution was adopted by the City Council of the City of Pismo Beach this 18 th day of December 2018, by the following vote: AYES: NOES: ABSENT: ABSTAIN: All Funds Total $ 475, C-15

16 Attachment 1 RECUSED: Approved: Ed Waage, Mayor Attest: Erica Inderlied, City Clerk 11.C-16

17 Attachment 1.A Budget Adjustments for Category Description Fund Fund Title Rev/ Exp Dept Title Additional Revenues Additional Property Tax Funds per San 1001 General Fund Rev General Luis Obispo County Auditor Controller Government updated projections Pier Plaza/Pier Parking Lot Upgrade Airstream for Pier Bait Vending and Visitor Information Center Pier Plaza/Pier Parking Lot Upgrade Airstream for Pier Bait Vending and Visitor Information Center Pier Plaza/Pier Parking Lot Upgrade Airstream for Pier Bait Vending and Visitor Information Center Budget Adjustment Onetime/ Ongoing 500,000 ongoing 1001 General Fund Exp Public Works 300,000 one-time 6401 Pier Enterprise Fund Exp Public Works 300,000 one-time 6401 Pier Enterprise Fund Rev Public Works 300,000 one-time Pier Plaza/Pier Parking Lot Upgrade Deappropriate Pier project savings 1001 General Fund Exp Public Works (500,000) one-time Pier Plaza/Pier Parking Lot Upgrade Deappropriate Pier project savings 6401 Pier Enterprise Fund Rev Public Works (500,000) one-time Pier Plaza/Pier Parking Lot Upgrade Deappropriate Pier project savings 6401 Pier Enterprise Fund Exp Public Works (500,000) one-time Pier Plaza/Pier Parking Lot Upgrade LBID 1% for improvements 2006 Lodging Business Improvement Exp City Manager 461,130 one-time Pier Plaza/Pier Parking Lot Upgrade LBID 1% for improvements 2006 Lodging Business Improvement Rev General Government 461,130 ongoing Pier Plaza/Pier Parking Lot Upgrade LBID 1% for improvements 3001 Capital Projects Rev Public Works 461,130 one-time Pier Plaza/Pier Parking Lot Upgrade LBID 1% for improvements 3001 Capital Projects Exp Public Works 461,130 one-time Local Coastal Plan update Local Coastal Plan update 1001 General Fund Exp Community Development 600,000 one-time Shell Beach Streetscape PG&E grant for SB Streetscape Public Outreach 1001 General Fund Rev General Government 2,500 one-time Shell Beach Streetscape PG&E grant for SB Streetscape Public Outreach 1001 General Fund Exp Management Services 2,500 one-time Spyglass Park Parking Lot Deappropriate Spyglass Parking Lot from 1001 General Fund Exp Public Works (125,000) one-time General Fund, Appropriate from Park Development Funds Spyglass Park Parking Lot Deappropriate Spyglass Parking Lot from 3001 Capital Projects Rev Public Works (125,000) one-time General Fund, Appropriate from Park Development Funds Spyglass Park Parking Lot Deappropriate Spyglass Parking Lot from 3001 Capital Projects Exp Public Works (125,000) one-time General Fund, Appropriate from Park Development Funds Spyglass Park Parking Lot Deappropriate Spyglass Parking Lot from 3003 Park Development Fund Exp Public Works 60,000 one-time General Fund, Appropriate from Park Development Funds 11.C-17

18 Attachment 1.A Category Description Fund Fund Title Rev/ Exp Dept Title Budget Adjustment Onetime/ Ongoing WW Projects Lift Station Maintenance Project additional costs for Construction Management, Engineering Services Design Consultants, and work for unforeseen circumstances and minor additonal work during construction 6201 Wastewater Treatment Fund Exp Public Works 87,000 one-time WW Projects Lift Station Maintenance Project additional costs for Construction Management, Engineering Services Design Consultants, and work for unforeseen circumstances and minor additonal work during construction 6202 Wastewater Capital Projects Rev Public Works 87,000 one-time WW Projects Lift Station Maintenance Project 6202 Wastewater Capital Projects Exp Public Works 87,000 one-time additional costs for Construction Management, Engineering Services Design Consultants, and work for unforeseen circumstances and minor additonal work during construction WW Projects New Chlorine System 6201 Wastewater Treatment Fund Exp Public Works 25,000 one-time WW Projects New Chlorine System 6202 Wastewater Capital Projects Rev Public Works 25,000 one-time WW Projects New Chlorine System 6202 Wastewater Capital Projects Exp Public Works 25,000 one-time WW Projects Oxidation Ditch Maintenance 6201 Wastewater Treatment Fund Exp Public Works 80,000 one-time WW Projects Oxidation Ditch Maintenance 6202 Wastewater Capital Projects Rev Public Works 80,000 one-time WW Projects Oxidation Ditch Maintenance 6202 Wastewater Capital Projects Exp Public Works 80,000 one-time Public Facilities City Hall Remodel old Human Resources Suite to Kitchen and Break room 1001 General Fund Exp Public Works 30,000 one-time Public Facilities Public Facilities Deappropriate Civic Center project to free up funds to support Public Safety Facility project Ventana Lot - lot split and surveying services to prepare lot for sale 2017 Storm Damage Sites: Dolphin Bay Storm Drain, Harbor View storm drain outfall, Franklin Storm Drain, Ebb Tide Bluff protection 1001 General Fund Exp Public Works (1,330) one-time 1001 General Fund Exp Public Works 9,320 one-time 1001 General Fund Exp Public Works 250, one-time CJPIA Property Insurance Reimbursement and IT Storage System (replacement from flood damage) CJPIA Property Insurance Reimbursement and IT Storage System (replacement from flood damage) CJPIA Property Insurance Reimbursement and IT Storage System (replacement from flood damage) CJPIA Property Insurance Reimbursement and IT Storage System (replacement from flood damage) 1001 General Fund Rev General Government 1001 General Fund Exp Administrative Services 7101 Technology Service Fund Rev Administrative Services 7101 Technology Service Fund Exp Administrative Services 68, one-time 50, one-time 50, one-time 50, one-time 11.C-18

19 Attachment 1.A Category Description Fund Fund Title Rev/ Exp Dept Title Budget Adjustment Onetime/ Ongoing Deappropriate Ebb Tide Project 1002 Half Cent Sales Tax Fund Exp Public Works (27,000.00) one-time Deappropriate Ebb Tide Project 3001 Capital Projects Rev Public Works (27,000.00) one-time Deappropriate Ebb Tide Project 3001 Capital Projects Exp Public Works (27,000.00) one-time 1001 General Fund Exp Public Works 9, one-time Ocean Boulevard Project: Storm Damage - Cost to preparing RFP for Federal Funding Administrative Services for all emergency relief projects funded through Caltrans/FHWA. Ocean Boulevard Project: Storm Damage - Cost to preparing RFP for Federal Funding Administrative Services for all emergency relief projects funded through Caltrans/FHWA. Ocean Boulevard Project: Storm Damage - Cost to preparing RFP for Federal Funding Administrative Services for all emergency relief projects funded through Caltrans/FHWA. Ocean Boulevard Project: Storm Damage - Grant revenues 3001 Capital Projects Exp Public Works 80, one-time 3001 Capital Projects Rev Public Works 9, one-time 3001 Capital Projects Rev Public Works 70, one-time Price Canyon Slope Repair: Storm Damage - Cost to preparing RFP for Federal Funding Administrative Services for all emergency relief projects funded through Caltrans/FHWA. Price Canyon Slope Repair: Storm Damage - Cost to preparing RFP for Federal Funding Administrative Services for all emergency relief projects funded through Caltrans/FHWA. Price Canyon Slope Repair: Storm Damage - Cost to preparing RFP for Federal Funding Administrative Services for all emergency relief projects funded through Caltrans/FHWA. Price Canyon Slope Repair: Storm Damage - Grant revenues 1001 General Fund Exp Public Works 4, one-time 3001 Capital Projects Exp Public Works 40, one-time 3001 Capital Projects Rev Public Works 4, one-time 3001 Capital Projects Rev Public Works 35, one-time 11.C-19

20 Attachment 1.A Budget Adjustment Onetime/ Ongoing Category Description Fund Fund Title Rev/ Exp Dept Title Debt Service Realignment CREBS Debt Service Realignment 1001 General Fund Exp Debt Service (296,914) ongoing Debt Service Realignment CREBS Debt Service Realignment 1001 General Fund Exp Debt Service (75,440) ongoing Debt Service Realignment CREBS Debt Service Realignment 1001 General Fund Rev Debt Service (1,800) ongoing Debt Service Realignment CREBS Debt Service Realignment 1001 General Fund Exp Debt Service 29,691 ongoing Debt Service Realignment CREBS Debt Service Realignment 1001 General Fund Exp Debt Service (301,958) ongoing Debt Service Realignment CREBS Debt Service Realignment 1001 General Fund Exp Debt Service (2,633,970) ongoing Debt Service Realignment CREBS Debt Service Realignment 3001 Capital Projects Rev Public Works (301,958) ongoing Debt Service Realignment CREBS Debt Service Realignment 4002 Public Financing Agency Rev Debt Service 29,691 ongoing Debt Service Realignment CREBS Debt Service Realignment 4002 Public Financing Agency Rev Debt Service 267,221 ongoing Debt Service Realignment CREBS Debt Service Realignment 4002 Public Financing Agency Rev Debt Service 403,249 one-time Debt Service Realignment CREBS Debt Service Realignment 6201 Wastewater Treatment Fund Exp Debt Service (1,800) ongoing Debt Service Realignment CREBS Debt Service Realignment 6201 Wastewater Treatment Fund Exp Debt Service 267,221 ongoing Debt Service Realignment CREBS Debt Service Realignment 6202 Wastewater Capital Projects Rev Public Works (2,633,970) ongoing Debt Service Realignment Energy Efficiency Project Costs 1001 General Fund Exp Debt Service 46,200 one-time Debt Service Realignment Energy Efficiency Project Costs 1001 General Fund Exp Debt Service 403,249 one-time Debt Service Realignment Energy Efficiency Project Costs 3001 Capital Projects Rev Public Works 46,200 one-time Debt Service Realignment Energy Efficiency Project Costs 3001 Capital Projects Exp Public Works (20,378) one-time Debt Service Realignment Energy Efficiency Project Costs 3001 Capital Projects Rev Public Works 301,958 one-time Debt Service Realignment Energy Efficiency Project Costs 4002 Public Financing Agency Exp Debt Service 301,958 one-time Debt Service Realignment Energy Efficiency Project Costs 4002 Public Financing Agency Exp Debt Service 2,883,860 one-time Debt Service Realignment Energy Efficiency Project Costs 6201 Wastewater Treatment Fund Exp Public Works 141,647 one-time Debt Service Realignment Energy Efficiency Project Costs 6202 Wastewater Capital Projects Rev Public Works 141,647 one-time Debt Service Realignment Energy Efficiency Project Costs 6202 Wastewater Capital Projects Exp Public Works (1,130) one-time Debt Service Realignment Energy Efficiency Project Costs 6202 Wastewater Capital Projects Rev Public Works 2,883,860 one-time Debt Service Realignment Pier Debt Service Realignment 1001 General Fund Exp Debt Service (135,000) ongoing Debt Service Realignment Pier Debt Service Realignment 1001 General Fund Exp Debt Service (268,913) ongoing Debt Service Realignment Pier Debt Service Realignment 1001 General Fund Exp Debt Service 403,913 ongoing Debt Service Realignment Pier Debt Service Realignment 4002 Public Financing Agency Rev Debt Service 403,913 ongoing 11.C-20

21 Attachment 1.A Category Description Fund Fund Title Rev/ Exp Dept Title Budget Adjustment Onetime/ Ongoing Technical Adjustments - City Events Amgen Tour costs 2006 Lodging Business Improvement Exp City Manager (1,980) one-time Technical Adjustments - City Events Amgen Tour costs 2006 Lodging Business Improvement Exp City Manager 1,980 one-time Technical Adjustments - City Events Band Review 1001 General Fund Rev City Manager (3,570) ongoing Technical Adjustments - City Events Band Review 1001 General Fund Exp City Manager 9,600 ongoing Technical Adjustments - City Events Clam Festival 1001 General Fund Exp City Manager 13,000 ongoing Technical Adjustments - City Events Clam Festival 1001 General Fund Rev City Manager 6,434 ongoing Technical Adjustments - City Events July 4th Event 1001 General Fund Exp City Manager 19,300 ongoing 11.C-21