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Attachment 1 Page 1
CITY OF COSTA MESA
SURPLUS ANALYSIS - $7 MILLION BREAKDOWN (BUDGET BASIS)
FY 2012-13
In Millions
Description Ongoing One -Time Total Comments
Revenues:
Sales Taxes
Property Taxes
Transient Occupancy Taxes
Investment Income
Fairfield Pacifica Settlement
County of Orange Settlement
Other
Subtotal Revenues
Expenditures:
Salary & Benefit Savings:
All City Departments
Vacancy Offset--Non-Departmental
Net Salary & Benefit Savings
Departmental Carry over items
Development Services General Plan update
Public Services - Maint & Operations
Other departmental carry over items
Non -Departmental:
Demand Payment to Department of Finance
PERS Unfunded Liability Payment
Acquisition Costs
Debt Service
Other
Total carry over and other items
$ 1.5 -
0.4 1.3
0.8 -
(0.9)
0.6
0.9
0.3
2.1 2.8
3.3
(1.8)
1.5
$ 1.5
Adopted budget vs. actual
1.7
One-time $1,324,015 from RDA dissolution
0.8
Adopted budget vs. actual
(0.9)
Adopted budget vs. actual - GASB 31 $981,698
0.6
Termination of affordable housing agreement
0.9
Reimburse property tax collection charges
0.3
Net positive variances in other revenues
4, 9
- 0.5
3.3
(1.8)
1.5
0.4
0.4
- 0.9
0.9
Various items
0.4
0.4
- (2.5)
(2.5)
Disallowed debt service on loan to RDA
- 0.5
0.5
Carryover
- 0.5
0.5
Future property acquisition - NITF (carryover)
- 1.4
1.4
Payoff 1998 Refunding Bonds from bond reserves
(0.9)
(0.9)
(0.9) 1.6
0.7
Total Surplus $27 $ 4.4 $ 7,1
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Subtotal
Unused amount
Total FY 2012-13 Surplus
Program Fund
Increase transfer from General Fund
Increase transfer from General Fund
Total Revenue increase for Fund 401
1.621 $ 7.509 $ 5.532
1.568
$ 7.100
0.300 0.300
0,800 0.800
1.100 1.100
Savings remain in unassigned fund balance
From FY 2012-13 surplus
From FY 2013-14 revenue increase
Reprogram CMHS Track & Field upgrade funds (0.500) (0.500) Adjust CIP budget.
Projects selected from the unfunded at:
32. Council Chambers & AIV upgrades 1.600 1.600 Council approved concept 12-03-13
Total Expenditure increase for Fund 401 1.100 1.100
Net change in CIP Fund 401 $ $ $
CITY OF COSTA MESA
RECOMMENDED USES OF THE
FY 2012-13
SURPLUS
BUDGET
CHANGES
FOR FY 2013-14
In Millions
Description
Ongoing
One -Time
Total
Comments
General Fund:
Previously approved items:
Carry over from FY 2012-13:
General Plan Update
$ 0.444
$ 0.444
Re -budget in FY 2013-14
Other Departmental items
0.355
0.355
Re -budget in FY 2013-14
Pension unfunded liability prepayment
0.500
0.500
Re -budget in FY 2013-14
NITF Acquisition Costs
0.500
0,500
Re -budget in FY 2013-14
Subtotal
1.799
1.799
BA 14-001
Civic Center Barrio default cure
0.350
0.350
Resolution dated 9-17-13. 717-721 James St,
CMPA salary adjustment
0.911
0.911
Council approved 11-19-13 BA 14-016
Public Services Project Management
0.200
0.200
Council approved 12-03-13 BA 14-010
Purchase 10 Police Dept. vehicles
0.444
0.444
Council approved 12-03-13 BA 14-019
IT Director/Consultant
0.110
0.110
Council approved 01-07-14 BA 14-021
Staffing Plan (1/3 year cost)
0,600
0.600
Council approved 01-21-14 BA 14-024
Subtotal
1.621
4.592
2.615
Recommended Items
-
IT infrastructure upgrade
1.053
1.053
Authorized Feb. 19, 2013, Use direct pay vs. loan
Offset with current appropriations
(0.235)
(0.235)
Non -departmental FY 2013-14 appropriations for
internal rent -replacement costs
Increase transfer to CIP Fund
0.300
0.300
Balance from FY 2013-14 revenue increase
Subtotal
0.000
1.118
1.118
Subtotal
Unused amount
Total FY 2012-13 Surplus
Program Fund
Increase transfer from General Fund
Increase transfer from General Fund
Total Revenue increase for Fund 401
1.621 $ 7.509 $ 5.532
1.568
$ 7.100
0.300 0.300
0,800 0.800
1.100 1.100
Savings remain in unassigned fund balance
From FY 2012-13 surplus
From FY 2013-14 revenue increase
Reprogram CMHS Track & Field upgrade funds (0.500) (0.500) Adjust CIP budget.
Projects selected from the unfunded at:
32. Council Chambers & AIV upgrades 1.600 1.600 Council approved concept 12-03-13
Total Expenditure increase for Fund 401 1.100 1.100
Net change in CIP Fund 401 $ $ $