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HomeMy WebLinkAbout- - Presentation - 5/12/2026City Council Study Session May 12, 2026 FY 2026-27 PROPOSED OPERATING ANDCAPITAL IMPROVEMENT BUDGET 1 “Measured Decisions. Meaningful Impact.” 2 3 FY 2026-27 PROPOSED BUDGET OVERVIEW • Guiding Principles/Strategic Plan Goals • Economic Update & Budget Assumptions • FY 2026-27 Proposed Operating and Capital Budget Proposed Revenue, Expenditures and CIP Overview • FY 2026-27 Proposed General Fund Budget Revenue and Expenditure Highlights Public Safety Highlights • Achieve Long-Term Fiscal Sustainability Status of General Fund Reserves • Budget Calendar ECONOMIC UPDATE & BUDGET ASSUMPTIONS 5 FY 2026-27 Proposed Budget was inspired by the Strategic Plan Goals: • Strengthen the Public's Safety And Improve The Quality Of Life • Diversify, Stabilize, and Increase Housing To Reflect Community Needs • Advance Environmental Sustainability And Climate Resiliency • Recruit And Retain High Quality Staff • Achieve Long-Term Fiscal Sustainability • Maintain and Enhance the City's Facilities, Technology, and Equipment GUIDING PRINCIPLES 6 STATE OF THE ECONOMY • U.S Economy is still grappling with uncertainty spurred by : Increasing fuel prices Uninspiring interest rate Inflation concerns Shaken consumer confidence Decreased concern about Recession. Geopolitical concerns including tariffs and Middle East Conflicts • California economy is fraught with same economic uncertainty and consumer unease Governor’s Proposed Budget May Revision for California FY 2026-27 Budget is due May 14, 2026. • Costa Mesa Impacted but with more resilient economic and revenue base 7 Revenue Assumptions and Impact: • 2%-10% growth in major revenues from FY 2025-26 Adopted Budget: (Approximately 3% growth compared to FY 2025-26 year-end projections) Sales Tax Property Tax Transient Occupancy Tax (TOT) Permits Franchise Fee • Flat to very low growth in most other revenue sources. • City Fee study underway. FY 2026-27 BUDGET ASSUMPTIONS 8 Expenditure Assumptions and Impact: • Built-in expenditure growth based on labor and contractual obligations • Cost containment measures with a target reduction of 5% for departments • Gradual/Incremental right sizing of departments’ budgets Adjusting overtime and part-time budgets to be more reflective of actuals • Fully staffed in the Police Department sworn positions • Recruitment underway to fully staff sworn positions in the Fire Department • 14 frozen positions (13 in General Fund) • 2% attrition factor Applying attrition factor citywide rather than department specific • Fully fund and repayment of deferrals in the CAN and IT Needs funds Properly apportioning project related labor costs into CAN & IT Needs funds FY 2026-27 BUDGET ASSUMPTIONS ````FY 2026-27 PROPOSED OPERATING AND CAPITAL IMPROVEMENT BUDGET OVERVIEW 10 ALL FUNDS DESCRIPTION DescriptionFund Type General operating fund of the City.General Fund Grants (Federal, State and/or County), restricted funding sources.Special Revenue Funds Costs of materials, equipment, and services used are accumulated in these funds and charged to the user departments. • Equipment Replacement Fund • Self-Insurance Fund • Information Technology Replacement Fund Internal Service Funds Large capital projects normally span over multiple fiscal years. Typically, $30,000 or above including staff time. Capital Improvement Fund To serve as the housing successor by managing housing assets, duties, and functions, including administrative costs and homelessness prevention and rapid rehousing, in accordance with California Health and Safety Code Section 34200 et seq. Housing Authority Fund 11 FISCAL YEAR 2026-27 PROPOSED BUDGET ALL FUNDS OVERVIEW Highlights: • The Proposed Budget for FY 2026-27 All Funds is $244.9M, an $19.9M or 9% increase from the current fiscal year adopted budget; • Appropriating $109.3M, or 55%, in General Fund resources to public safety; • Investing $22.0M into the City’s parks, streets, active transportation network, facilities, and other infrastructure (additional $12.0M for Fire Station #2 bond); • Increase of $2.0M to the annual required CalPERS UAL contributions; • Includes fully funding and repayment of the Capital Asset Needs and IT Needs Funds; and • Funds $1.3M to the Housing Authority Fund. 12 FISCALYEAR 2026-27ALL FUNDS $244.9 MILLION General Fund, $200.0M, 82% Special Revenue Funds, $16.6M, 7% Capital Projects Funds, $13.2M, 5% Internal Service Funds, $15.2M, 6% 13 FY 2026-27ALL FUNDSAPPROPRIATIONS $244.9M Increase /(Decrease)ProposedAdoptedAppropriations PercentAmountFY 2026-27FY 2025-26All Funds 4%$9,032,830 $211,466,653 $202,433,823 Operating Budget 1 177%6,277,488 9,825,3243,547,836Transfers Out 2 24%4,627,964 23,585,59518,957,631Capital Budget 3 9%$19,938,282 $244,877,572 $224,939,290 Total 1 Includes General Fund, Special Funds, and Internal Services Funds 2 Includes General Fund contribution to the CAN $6.7M and ITRF $3.1M 3 Includes $1.6M IT projects 14 CAPITAL ASSET NEEDS (CAN) & INFORMATION TECHNOLOGY NEEDS (IT Needs) CALCULATION $ (millions)CAN Calculation $10.0M5% General Fund Revenues (2.8M)Less: Lease Revenue Bond Payments (1.1M)Less: Fire Station #2 Bond Payment 0.6MCAN Deferral Repayment $6.7M Total $ (millions)IT Needs Calculation $3.0M1.5% General Fund Revenues 0.1MIT Needs Deferral Repayment $3.1M Total Total transfer out to CAN and IT Needs is $9.8M • General Fund continues the contribution of $1.3M to the Housing Authority Fund to support the Homeless Shelter and programs. • Includes funding for all contractual obligations (e.g. Shelter operator, Meals provider). HOUSING AUTHORITY 15 INTERNAL SERVICE FUNDS Information Technology Replacement Fund • Appropriation of $3.1M, including: $2.2M for IT Replacement eligible expenditures and projects. $0.9M for project-related staff costs. Self-Insurance Internal Service Fund • $0.5M in additional funding for increases to insurance premiums. INFORMATION TECHNOLOGY REPLACEMENT & SELF INSURANCE FUNDS 16 17 SPECIAL REVENUE FUND • ½ percent of the seven percent Cannabis Retail and Delivery Tax (Measure Q) funding for the Arts and Culture Master Plan ($242,200). • Received direction from City Council on May 5, 2026 to allocate additional funding towards the City's Art and Culture Programs. • Will award a consulting contract on June 16, 2026 for the preparation of the next 5-year Arts and Culture Master Plan. • Upon completion of the proposed 5-year plan, staff will return to Council with the adoption of the plan and funding sources. ARTS AND CULTURE MASTER PLAN FUND REQUESTED CHANGE IN POSITIONS 18 FTEJob TitleDepartment General Fund (1.00)Park RangerPolice (1.00)Public Safety DispatcherPolice 1.00Public Safety Dispatch SupervisorPolice (1.00)Chief of Code EnforcementDevelopment Services 1.00Senior Permit TechnicianDevelopment Services (1.00)Emergency Medical Services CoordinatorFire & Rescue 1.00Fire Battalion ChiefFire & Rescue (1.00)Grand Total All Funds Impact Note: Total FTE City count is 599. REQUESTED NEW POSITIONS 19 RECOMMENDED FROZEN POSITIONS FTEJob TitleDepartment FY 2026-27FY 2025-26General Fund (1.00)-Deputy City ManagerCity Manager (1.00)-Assistant Dir. of Dev Services (9 months)Development Services (1.00)-Principal Planner (3 months)Development Services (1.00)-Associate PlannerDevelopment Services (1.00)(1.00)Code Enforcement Officer IIDevelopment Services -(1.00)Chief of Code EnforcementDevelopment Services (1.00)-Assistant Finance DirectorFinance (1.00)-Police Records Shift SupervisorPolice (1.00)-Assistant Fire MarshallFire (1.00)(1.00)Office Specialist IIParks (1.00)-Programmer Analyst IIInformation Technology (1.00)(1.00)Engineering Technician IIIPublic Works (1.00)(1.00)Lead Facilities Maintenance TechnicianPublic Works (1.00)(1.00)Maintenance SupervisorPublic Works -(1.00)Senior EngineerPublic Works (13.00)(7.0)General Fund Total Other Funds (1.00)(1.00)Office Specialist IIDevelopment Services (1.00)(1.00)Other Funds Total (14.00)(8.00)Grand Total All Funds Impact REQUESTED NEW POSITIONS 20 FY 2025-26 AB 2561 ANNUAL VACANCY REPORT *Does not include 7 council members and FY 2025-26 frozen positions. Vacancy Rate VacanciesFT Employees BudgetedEmployee Group 8%23288Costa Mesa City Employees Association (CMCEA) 10%880Costa Mesa Fire Association (CMFA) 0%03Costa Mesa Fire Management Association (CMFMA) 0%0131Costa Mesa Police Association (CMPA) 0%09Costa Mesa Police Management Association (CMPMA) 5%121Costa Mesa Division Managers Association (CMDMA) 6%233Confidential Unit (Non Respresented) 14%17Confidential Management Unit (Non Represented) 23%313Executive Employees (Non Represented) 6%38585Total* REQUESTED NEW POSITIONS 21 CITY WIDE VACANCIES VACANCYDEPARTMENT Deputy City ManagerCommunity Outreach SupervisorCITY MANAGER Senior Management AnalystExecutive Assistant Associate Planner Administrative AssistantECONOMIC & Principal PlannerAssistant Dev. Services DirectorDEVELOPMENT SERVICES Assistant Planner Finance DirectorAssistant Finance Director FINANCE Assistant Fire MarshalFire ChiefFIRE Emergency Medical Services CoordinatorFirefighter (8) Senior Recreation SupervisorRecreation SpecialistPARKS & COMMUNITY SERVICES Sr. / Police Records Technician/ (2)Custody OfficerPOLICE Sr. / Public Safety Dispatcher Dispatcher (7)Park Ranger Police Records Shift Supervisor Senior Maintenance WorkerSenior Management AnalystPUBLIC WORKS 38TOTAL VACANCIES: 22 CIP FUNDING SOURCES AMOUNT FUND $ 6,100,000 Capital Improvement 5,744,920 Grant Funds* 4,666,000 Measure M2 Fairshare 1,790,000 Gas Tax (HUTA) 3,150,000 Gas Tax (RMRA) 100,000 Park Development 250,000 Traffic Impact Fee 150,000 Cannabis Traffic Impact Fees $ 21,950,920 All Funds Subtotal 12,000,000 Future Bond/ Financing $ 33,950,920 All Funds Grand Total *Federal, State, and County grant funding. 23 All Funds Budget FY 2026-27 Capital Improvement Program (CIP) is $34.0M, which includes $12.0M potential bond for Fire Station #2 reconstruction project. •Citywide Alley Improvements •Police Department Chiller Replacement •Police Department Emergency Communications Center •Citywide Tree Maintenance (in Public Right-of-Way) •Harper Park Playground Replacement •Moon Park Playground Replacement •Costa Mesa Skate Park Expansion • Fire Station #2 Reconstruction (Future Bond Funding) CIP HIGHLIGHTS Note: The FY 2026-27 Capital Assets Needs (CAN) is fully funded and includes a scheduled repayment of $0.6M from prior year deferrals. ```` FY 2026-27 PROPOSED GENERAL FUND BUDGET OVERVIEW 25 GENERAL FUND OVERVIEW (IN MILLIONS) Adopted vs ProposedProposed FY 2026-27 Projected FY 2025-26 Adopted FY 2025-26Category PercentDifference 7%$13.1$200.0$193.9$186.9Estimated Revenues 7%$13.1$200.0$193.9$186.9Total Sources of Funds 3%$6.1$190.2$191.0$184.1Operating Budget 251%7.09.8*2.82.8Transfers Out 7%$13.1$200.0$193.8$186.9Total Uses of Funds -%$ -$ -$0.1$ -Difference *Includes full General Fund contribution and deferral repayment to the CAN and ITRF. 26 • General Fund revenue is budgeted at $200.0M, reflecting an increase of $13.1M, or 7% from the FY 2025-26 Adopted Budget; • Sales Tax is estimated at $82.5M, an increase of $7.5M, or 10% from FY 2025-26 Adopted Budget; • Property Taxes are estimated at $64.0M, reflecting a 2% growth over from FY 2025-26 Adopted Budget; • Transient Occupancy Tax are estimated at $10.6M, reflecting a 7% increase from FY 2025- 26 Adopted Budget of $9.8M; • Fees and Charges are estimated at $13.9M reflecting an approximate increase of $808K from the FY 2025-26 Adopted Budget; and • Cannabis taxes are estimated at $3.7M, an approximate increased by $49K, or 1% from FY 2025-26 Adopted budget. GENERALFUND REVENUE HIGHLIGHTS 27 FY 2026-27 PROPOSED GENERAL FUND REVENUE Sales Tax, $82.5M, 41% Property Tax, $64.0M, 32% Cannabis Gross Receipts Tax, $3.7M, 2% Transient Occupancy Tax, $10.6M, 5% Licenses and Permits, $6.0M, 3%Use of Money & Property, $6.1M, 3% Fees & Charges, $14.0M, 7% Other Revenues, $1.6M, 1% Franchise Fees, $7.4M, 4% Fines and Forfeitures, $1.7M, 1% Other Government Agencies, $1.4M, 1% Business License, $1.0M, 0% Total Revenues – General Fund by Category $200.0M 28 Economic and Development Services Department is requesting to update their name to “Community Development.” The name change to “Community Development”would reflect the broader service base and purpose the department provides to the City of Costa Mesa. Department’s responsibilities includes: • Manages all private-owned property in the City through the complete life cycle of the build environment; • Review new construction, managing land uses for new and existing buildings; • Overseeing operational details, housing and community program assistance; • Ensuring property maintenance and code compliance; and • Permitting demolition. REQUESTED DEPARTMENT NAME UPDATE 29 STRENGTHEN THE PUBLIC’S SAFETY Public Safety Represents 55% of General Fund Total Appropriations – General Fund by Department $200.0M City Attorney, $1.2M, 1% City Council, $1.0M, 1% City Manager, $10.4M, 5% Development Services, $10.7M, 5% Finance, $5.9M, 3% Fire and Rescue, $39.4M, 20% Information Technology, $6.6M, 3%Parks and Community Serivices, $9.7M, 5% Police, $69.9M, 35% Public Works, $22.8M, 11% Non- Departmental $22.3M,11% Police Department • Sworn staffing levels at142positions; • Fully staffed in Police sworn positions; • Other annualized enhancements include: Reallocation of a Public Safety Dispatcher to a Public Safety Dispatch Supervisor and elimination of a Park Ranger; and $0.7M in funding for new and replacement vehicles. GENERAL FUND STRENGTHEN THE PUBLIC’SSAFETY 28 Fire and Rescue Department • Sworn staffing levels at 86 positions; • Currently recruiting 8 Fire Fighter positions and pursuing full staffing; • Other annualized enhancements include: Reallocation of an Emergency Medical Services Coordinator to a Fire Battalion Chief; and $0.1M in funding for new vehicle. STRENGTHEN THE PUBLIC’SSAFETY 31 GENERAL FUND 32 ALL FUNDS FY 2026-27 CIP IMPROVEMENT AREAS BY CATEGORY Parks, $1.9M, 5% Facilities, $16.2M, 48%Transportation, $7.0M, 21% Streets, $8.9M, 26% PROPOSED CIP BUDGET BY CATEGORY $34.0M (Includes $12.0M Bond for Fire Station #2) 33 FY 2026-27 PROPOSED GENERAL FUND HIGHLIGHTS • Structurally balanced budget with no use of General Fund Reserves; • Includes 55% commitment to Public Safety; • Reallocate 3.0 positions, while reducing 1 FTE; • Includes $2.0M in CalPERS UAL year-over-year increase; • Includes a 2% attrition factor across all departments; • Allocate $6.7M (including scheduled repayments of $0.6M to Capital Asset Needs to ensure compliance with the Municipal Code Ordinance No. 2020-06); and • Allocate $3.1M (includes $0.1M in deferral repayment) to ensure compliance with the Information Technology Needs Municipal Code requirement of 1.5% of GF revenue. ```` Achieve Long-Term Fiscal Sustainability “Measured Decisions. Meaningful Impact.” 35 FUND BALANCE - GENERAL FUND (IN THOUSANDS) FY2026-27 Projected FY2025-26 Projected FY2024-25 Audited FY 2023-24 Audited FY 2022-23 AuditedFund Balance Category $883$883$883$630$460Nonspendable Restricted 2,0922,0922,0923,3673,178Pension & OPEB Committed 14,12514,12514,12514,12514,125Declared Disasters 2,0002,0002,0002,0002,000Self Insurance 9,0009,0009,0009,0009,000Economic Reserves Assigned 5,9825,9825,9825,9826,209Compensated Absences 1,5721,5721,5721,5721,737Police Retirement 2,0002,0002,0002,0002,000Workers Comp 2,0002,0002,0002,0002,000Facilities Reserve 2,0002,0002,0002,0002,000Strategic Plan Projects 19,40719,40719,30717,68616,328Unassigned 61,06261,06260,96260,36259,037Total Fund Balance GENERAL FUND ACHIEVE LONG-TERM FISCAL SUSTAINABILITY 36 • Structurally balanced General Fund Budget without the use of reserves. • Provides full funding for the Capital Asset Needs Fund at 5% of General Fund revenues. Includes a $1.1M in projected debt service payment for the bond funded reconstruction costs of Fire Station #2. • Provides full funding for the IT Replacement Fund at 1.5% of General Fund revenues. 37 FY 2026-27 Budget Calendar City CouncilFY 2026-27 Proposed Budget Study Session5/12/2026 FiPACFY 2026-27 Proposed Budget Special Meeting5/13/2026 City CouncilFY 2026-27 Proposed Operating and CIP Budget Public Hearing & Adoption6/2/2026 City Council FY 2026-27 Proposed Operating and CIP Budget Public Hearing & Adoption (if needed) 6/16/2026 QUESTIONS