Title
Consider an ordinance adopting Amendment No. 1 to the FY 2022-2023 Operating Budget. (Second Reading)
Body
New General Fund Position and Updated Operating Costs
Due to the rapidly changing cost climate and agreements that were completed after the adoption of the FY 2022-23 budget, amendments totaling $1,559,500 in additional expenditures, and 1.0 additional FTE, are needed to maintain the existing service level for the FY 2023 Budget.
Fire Department - Increase Personnel by $1,277,800
Meeting and confer occurred for the Fire department after the budget for FY 2022-2023 had been established. While an estimated increase in budget was taken into consideration, the full impact of the new contract exceeded that estimate and other available salary increase funds available.
PARD - Increase Personnel and net Operating by $281,700
Parks and Recreation experienced higher costs to hire and retain seasonal staffing and all related event program costs throughout the summer of 2022. These cost increases were identified after the FY 2022-2023 Budget had been established. Similar higher costs due to higher wages, and operating costs will be incurred to maintain existing programs in FY 2023. The proposed amendment includes seasonal staffing, special event costs, and other related supply line items.
Revenues - Increase by $1,432,000
Additional revenues are being recognized to offset the increased costs. Some program revenues and other fees have experienced a significant increase, with the remaining additional revenues coming from sales tax revenues, not to exceed 45% of the total expenditure as outlined in the current Financial Policies. Contingency funds and existing surplus revenues will cover the remaining costs.
Transportation Department - Increase FTEs by 1.0
The Transportation department previously used an outside consultant for some specific project management work. The department performed an internal analysis and determined that a full-time dedicated City em...
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