HomeMy WebLinkAbout02/10/09·~o~E IS P~OUO OF ITSELF. IT LEA~S OUT OF US E~EN WITH THE TI~HTEST SECU~ITY." -ME~~IT MALLOY
AGENDA
HERMOSA BEACH CITY COUNCIL
Tuesday, February 10, 2009-Council Chambers, City Hall
1315 Valley Drive
6:00p.m.-CLOSED SESSION: See attached Closed Session Agenda
7:00 p.m. -REGULAR MEETING
MAYOR
Patrick 'Kit' Bobko
MAYOR PROTEM
Michael DiVirgilio
COUNCIL MEMBERS
Michael Keegan
J. R. Reviczky
Peter Tucker
CITY CLERK
Elaine Doerfling
CITY TREASURER
JohnM. Workman
CITY MANAGER
Stephen R. Burrell
CITY ATTORNEY
Michael Jenkins
All council meetings are open to the public. PLEASE A TrEND.
The Council receives a packet with detailed information and recommendations on
nearly every agenda item.
City Council agendas and staff reports are available for your review on the City's web
site located at www.hermosabch.org.
Complete agenda packets are also available for public inspection in the Police
Department, Fire Department, Public Library and the Office of the City Clerk.
During the meeting, a packet is also available in the
Council Chambers foyer.
Written materials distributed to the City Council within 72 hours of the City Council
meeting are available for public inspection immediately upon distribution in the City
Clerk's office at 1315 Valley Drive, Hermosa Beach, California, during normal
business hours.
All written communications from the public included in the agenda will be posted
with the agenda on the City's website
To comply with the Americans with Disabilities Act of 1990, Assistive Listening
Devices {ALD) will be available for check out at the meeting.
If you require special assistance to participate in this meeting, you must call or
submit your request in writing to the Office of the City Clerk at (310) 318-0203 at
least 48 hours prior to the meeting.
I
CALL TO ORDER
PLEDGE OF ALLEGIANCE
ROLLCALL
CLOSED SESSION REPORT
ANNOUNCEMENTS
PRESENTATIONS
PUBLIC PARTICIPATION: Although the City Council values your comments, the Brown
Act generally prohibits the Council from taking action on any matter not listed on the posted
agenda as a business item.
1. ORAL AND WRITTEN COMMUNICATIONS
This is the time for members of the public to address the City Council on any items within the·
Council's jurisdiction not on this agenda, on items on this agenda as to which public comment
will not be taken, or to request the removal of an item from the consent calendar. Comments on
public hearing items are heard only during the public hearing. Members of the audience may
also speak:
1) during discussion of items removed from the Consent Calendar;
2) during Public Hearings; and,
3) during discussion of items appearing under Municipal Matters.
Comments from the public are limited to three minutes per speaker.
The City Council acknowledges receipt of the written communications listed below. No action
will be taken on matters raised in written communications.
The Council may take action to schedule issues raised in oral and written communications for a
future agenda.
Citizens with comments regarding City management or departmental operations are requested to
submit those comments to the City Manager.
NO WRITTEN COMMUNICATIONS
2. CONSENT CALENDAR: The following more routine matters will be acted upon by
one vote to approve with the majority consent of the City Council. There will be no
separate discussion of these items unless a Council member removes an item from the
Consent Calendar. Items removed will be considered under Agenda Item 4, with public
comment permitted at that time.
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(a) Recommendation to approve minutes of the regular meeting of the Citv Council
held on January 27, 2009.
{b) Recommendation to ratify check register.
(c) Recommendation to receive and file Tentative Future Agenda Items.
{d) Recommendation to receive and file the December 2008 Revenue and Expenditure
reports.
(e) Recommendation to receive and file the action minutes of the Public Works
Commission meeting of January 21, 2009.
(f) Recommendation to receive and file the action minutes of the Emergency
Preparedness Advisory Commission meeting of January 5, 2009.
(g) Recommendation to adopt a resolution acknowledging the receipt, filing and
approval of the annual statement of investment policy and delegating investment
authority to the City Treasurer for the year 2009. Memorandum from City Treasurer
John Workman dated February 4, 2009.
{h) Recommendation to adopt resolution amending the City of Hermosa Beach Parking
Violation Bail Schedule to include the additional state surcharge mandated by
SB 1407 and amending four violations to the minimum amounts stated in the
California Vehicle Code. Memorandum from Finance Director Viki Copeland dated
February 3, 2009.
3. CONSENT ORDINANCES
NONE
4. ITEMS REMOVED FROM THE CONSENT CALENDAR FOR SEPARATE
DISCUSSION
* Public comments on items removed from the Consent Calendar.
5. PUBLIC HEARINGS -TO COMMENCE AT 7:30P.M.
NONE
3
6. MUNICIPAL MATTERS
a. MIDYEAR BUDGET REVIEW 2008-09. Memorandum from Finance Director
Viki Copeland dated January 26, 2009.
RECOMMENDATION: Approve the revisions to estimated revenue,
appropriations, budget transfers and fund balances as shown the staff report;
approve the recommendations discussed under "Recommendations on
Policies/Goals"; and, approve a rate of $1.25 for cash keys to be consistent with
new meter rates.
b. LETTER FROM THE DEPARTMENT OF ALCOHOLIC BEVERAGE
CONTROL (ABC) REGARDING AN APPLICATION FROM CLUB
SUSHI; 1200 HERMOSA AVE TO INCREASE ITS ABC OPERATING
HOURS. Memorandum from City Manager Stephen Burrell dated
February 3, 2009.
RECOMMENDATION: Review material and provide staff direction.
c. COOPERATIVE AGREEMENT BETWEEN THE HERMOSA BEACH
CITY SCHOOL DISTRICT AND THE CITY OF HERMOSA BEACH
REGARDING JOIN USE OF PUBLIC FACILITIES AND PROVIDES FOR
THE CITY TO PAY UP TO $100,000 TO THE SCHOOL DISTRICT
DURING THE 2008-09 FISCAL YEAR. Memorandum from City Manager
Stephen Burrell dated February 2, 2009.
RECOMMENDATION: That the City Council approve the agreement and
direct the Mayor to sign it on behalf of the City.
d. LIBRARY PROPERTY TAX REPORT -ANNUAL REPORT OF
EXPENDITURES AND PROPERTY TAX REVENUS. Memorandum from
City Manager Stephen Burrell dated February 2, 2009.
RECOMMENDATION: That the City Council receive the report submitted by
the County Librarian and direct that the excess funds be placed in a special trust
for improvements to the Hermosa Beach Branch Library.
7. MISCELLANEOUS ITEMS AND REPORTS -CITY MANAGER
NONE
8. MISCELLANEOUS ITEMS AND REPORTS -CITY COUNCIL
NONE
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9. OTHER MATTERS -CITY COUNCIL
Requests from Couucil members for possible future agenda items. No discussion or
debate of these requests shall be undertaken; the sole action is whether to schedule the
item for consideration on a future agenda. No public comment will be taken.
a. Request from Mayor Pro Tern DiVirgilio to direct staff to create a document -
similar to the 'Tentative Future Agenda Items' -that tracks open Couucil directives
uutil they are returned to Couucil or delegated elsewhere. As an example, the
discussion about homeless individuals would be listed alongside the expected date
(when possible} of when the item will return to Couucil.
b. Request from Mayor Pro Tern DiVirgilio to direct staff to develop a Street Repair
Plan that outlines (at a minimum) the list of streets requiring repair and the target
(tentative) repair date based on existing budget predictions and existing street
conditions.
ADJOURNMENT
5
AGENDA
CLOSED SESSION MEETING
HERMOSA BEACH CITY COUNCIL
Tuesday, February 10, 2009 -Council Chambers, City Hall
1315 Valley Drive
6:00p.m.
The City Council finds, based on advice from legal counsel, that discussion in open session will
prejudice the position ofthe City in existing and anticipated litigation.
CALL TO ORDER
1. PUBLIC COMMENT: This time has been set aside for members of the public to
address the City Council on Closed Session items.
2. MINUTES:
a) Approval of minutes of Closed Session meeting held on December 9, 2008;
b) Approval of minutes of Closed Session meeting held on January 13, 2009; and,
c) Approval of minutes of Closed Session meeting held on February 2, 2009.
3. CONFERENCE WITH LEGAL COUNSEL
The City Council fmds, based on advice from legal counsel, that discussion in open
session will prejudice the position of the City in the litigation.
Existing Litigation: Government Code Section 54956.9(a)
a) Name of Case: Parucha v. City of Hermosa Beach
Case Number: BS115511
b) N arne of Case: Osekowsky v. City of Hermosa Beach
Case Number: YC057337
c) N arne of Case: Coello v. City of Hermosa Beach
Case Number: CV0706900 PSG
d) Name of Case: Macpherson v. City of Hermosa Beach
Case Number: BC172546
ADJOURNMENT
6
January 26, 2009
Honorable Mayor and Members of City Council Meeting of
The Hermosa Beach City Council February 10, 2009
MIDYEAR BUDGET REVIEW 2008-09
RECOMMENDATION:
It is recommended that the City Council:
1. Approve the revisions to estimated revenue, appropriations, budget transfers and
fund balances as shown below and in the attached Revenue Worksheet and Budget
Summary.
2. Approve the recommendations discussed herein under “Recommendations on
Policies/Goals”.
3. Approve a rate of $1.25 for cash keys to be consistent with new meter rates
BACKGROUND:
The City has conducted a Midyear Budget Review annually since fiscal year 1981-82. The
review is a good tool to ensure that assumptions and estimates originally used to prepare the
budget ten months earlier remain realistic.
ANALYSIS:
OVERVIEW
The slight decline in revenue due to midyear revisions is generally being offset by reductions in
appropriations, including 1.) recognizing salary savings due to vacancies in the Police
Department and 2.) savings in retirement costs due to prepayment of retirement contributions.
REVENUE
(See Revenue Worksheet)
The overall change in the revenue estimate in the General Fund is a decrease of ($243,977) or
just under 1% (.88%). The charts below show the trends for the largest revenue sources.
Taxes
The secured property tax estimate is being revised up slightly. The new estimate is 7.61%
higher than 2007-08, based on the actual levy which is in line with the original projection of
about 7%. Growth for the prior three years was 12%, 16%, and 13% respectively. Hermosa
Beach is very fortunate to have property values which have held up in the face of dramatic
statewide declines.
SECURED PROPERTY TAX
0
2,000,000
4,000,000
6,000,000
8,000,000
10,000,0001996-971997-981998-991999-002000-012001-022002-03 2003-042004-052005-06 2006-07 2007-082008-09 Est 1
The sales tax estimate is revised up slightly by 2%. Revenue for the first half is up 3.5%. Eating
and Drinking Places remains the number one category and is up 2 ½ % for the first half. Two
businesses in this category were misallocated to another city so the category is actually up
higher than 2 ½ %. The revised estimate takes this into account and also adjusts for lower gas
prices in the second half. The Other Retail category includes a seller of computer storage from
a home occupation business. As with property tax, Hermosa Beach is faring better than many
cities that have numerous auto dealers or large retail malls.
As in the original budget, sales tax is split into two accounts now, 3108 Sales Tax and 3104 In
Lieu Sales Tax. The In Lieu amount is the State’s “Triple Flip” 25% reduction of local
government sales tax, which will be repaid in January and May with property tax funds. These
accounts are shown in the Midyear Revenue Review Report.
The following chart compares sales tax on major accounts for the first half of this year to the first
half of last year by the top ten categories to show what the trends are by category and
geographic area.
SALES TAX
Comparison of First Half of 2007-08 to 2008-09
Top Ten Categories
RANK/BUSINESS CLASS* Sales Tax
2008-09
Inc./
(Dec.)
% of
Change
Prev. Yr.
Percent
of Total
1. EATING/DRINKING PLACES 439,243 $10,779 2.52% 38.30%
2. OTHER RETAIL STORES 181,667 $34,406 23.36% 15.84%
3. AUTO DEALERS AND SUPPLIES 110,803 ($19,086) -14.69% 9.66%
4. SERVICE STATIONS * * 23.23% *
5. BUILDING MATERIALS 94,541 ($9,802) -9.39% 8.24%
6. FOOD STORES 92,099 ($1,151) -1.23% 8.03%
7. BUSINESS, SERVICE, REPAIR 42,241 ($5,314) -11.17% 3.69%
8. DRUG STORES * * 15.92% *
9. APPAREL STORES 27,272 ($2,241) -7.59% 2.38%
10. FURNITURE STORES 24,292 ($8,755) -26.49% 2.12%
*Drug store and service station amounts are not listed because there are too few in the category
Sales Tax Comparison by Geographic Area
Revenue % of Revenue % ofLOCATION 2007-08 Total % Chg 2008-09 Total
PCH 515,672 50% -2% 507,062 50%
Downtown 343,758 33% -8% 314,737 31%
Pier/Valley/Monterey 136,848 13% 0% 136,551 14%
Aviation 45,097 4% 3% 46,625 5%
2008-09 MIDYEAR SALES TAX BY GEOGRAPHIC AREA
PCH
50%Downtown
31%
Pier/Valley/
Monterey
14%
Aviation
5%
2
Transient Occupancy Tax (TOT) is being adjusted up slightly based on the first half year
receipts. However, the new estimate is down approximately 2% from 2007-08. Overall
occupancy for the first half is 76% compared to 81% for the first half of last year.
TRANSIENT OCCUPANCY TAX
0200,000400,000600,000800,0001,000,0001,200,0001,400,0001,600,0001,800,0002,000,000
1996-971997-981998-991999-002000-012001-022002-03 2003-042004-052005-062006-072007-082008-09 Est
Utility User Tax (UUT) revenue is being revised down 2% from the 2007-08 level and the
original budget. Receipts for the first half are down overall 2%, with cellular UUT revenue
having the biggest decline.
UTILITY USER TAX
0
5 00,000
1,0 00,000
1,5 00,000
2,0 00,000
2,5 00,000
3,0 00,000
1996-971997-981998-9919 99-002000-012001 -022002-03 2003-042004-05200 5-06 2006 -07 2007-082008-09 Est
Use of Money and Property
The investment environment at midyear is quite different than when the original budget was
prepared. Some loss of interest is attributed to the prepayment of retirement contributions (and
was factored into our decision to prepay) but the primary change is the assumed interest rate of
4.81% versus the new 2.54% assumption. Interest in the General Fund is revised down by
$68,549.
Intergovernmental State
In Lieu Motor Vehicle License (VLF) fees are being revised down over 40% or $43,144. DMV
administrative charges have been increasing at roughly 10% per year while VLF revenue is flat
or declining. 75% of the revenue goes first to counties for health and welfare. Recently-
incorporated cities get the next share and the balance, if any, is distributed to cities on a per
capita basis. For two months of the first six, there was nothing left to distribute to cities.
3
Current Service Charges
Effects of the economy are vividly demonstrated by the downward revision of plan check fees by
$150,454 due to fewer projects being built that require this higher level of review. Building
permits (in the License and Permit category), on the other hand have remained consistent – a
sign that remodeling activity is still occurring.
Parking meters are adjusted down $95,889 due to a change in implementation date for the rate
increase from $1.00 to $1.25. The original assumption was 10/1//08; the revised date is 2/1/09.
The letter from the Coastal Commission was received in December 2008. Staff recommends
that the cash key rate be changed to $1.25 to be consistent with new meter rates. The original
purpose of the cash key was to provide convenience to users.
REVISIONS TO APPROPRIATIONS
The following revisions to appropriations are requested:
GENERAL FUND (001)
Community Development
Building Division
Contract Services/Private ($60,182)Reduction in outside plan
check due to fewer projects as
a result of the economy.
Police
Regular Salaries ($75,322)Recognize savings from vacant
positions.
Contract Services/Private ($8,690)Move appropriation from Police
to Information Technology
(interfund transfers increased)
to cover the L3 maintenance
contract.
Public Works
Administration
Contract Services/Private $20,337 Additional funds needed to
cover unanticipated Interim
Public Works Inspector
services from October 2008
through January 31, 2009.
TOTAL GENERAL FUND ($123,857)
DOWNTOWN ENHANCEMENT FUND (109)
Public Works
Lot A
Contract Services/Private $1,350 Additional appropriation
required to cover the cost of Lot
A cleaning for July and August
08. Service was not cancelled
until September 1, 2008.
TOTAL DOWNTOWN ENHANCEMENT
FUND $1,350
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PARKS/REC FACILITY TAX FUND (125)
Public Works
Parks Division
Contract Services/Private ($19,000)Funds reappropriated for the
rubberized surface at South
Park will not be spent.
CIP 649
Community Center General Improvements
Contract Services/Private ($92,417)Reduce to available funding.
TOTAL PARKS/RECREATION FACILITY
TAX FUND ($111,417)
COMMUNITY DEVELOPMENT BLOCK GRANT FUND (140)
Public Works
CIP 644
Community Center Upgrades Phase 4
(Restrooms)
Contract Services/Private ($37,910)Construction bid was lower
than the engineer’s estimate.
Revised total is based on the
eligible construction costs from
the contract plus contingency
and miscellaneous eligible
costs.
TOTAL COMMUNITY DEVELOPMENT BLOCK
GRANT FUND ($37,910)
SEWER FUND (160)
Public Works
Sewers and Storm Drains Division
Contract Services/Private $13,558 Additional funds needed to
cover unanticipated Interim
Public Works Inspector
services from October 2008
through January 31, 2009.
TOTAL SEWER FUND $13,558
ASSET SEIZURE/FORFEITURE FUND (170)
Police
Special Investigations
Telephone $325 Monthly service charges for
Special Investigations Unit
Detective’s “cold phone.”
Equipment less than $1,000 $85 Purchase of “cold phone” for
Special Investigations Unit
Detective.
TOTAL ASSET SEIZURE/FORFEITURE
FUND $410
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FIRE PROTECTION FUND (180)
Public Works
CIP 640
Fire Facilities Renovation
Contract Services/Private ($5,932)Reduce to available funding.
TOTAL FIRE PROTECTION FUND ($5,932)
CAPITAL IMPROVEMENT FUND (301)
Public Works
CIP104
Bayview Drive Undergrounding Street
Improvements
Contract Services/Private ($373,193)Decrease of construction funds
due to reduced scope of work.
Change in scope includes:
• Eliminating pavement
rehabilitation of Bayview
Drive (work has been
completed.)
• Postpone pavement
rehabilitation of 10th Street.
To be included in the City’s
next chip seal project, in
order to achieve a better
unit price.
• Palm Drive improvements
delayed to follow the Pier
Avenue Project due to
drainage issues.
Public Works
CIP 649
Community Center General Improvements
Contract Services/Private $199,417 Scope of project has changed
to include reroofing, additional
interior stairway, install heat
pump system and additional
miscellaneous improvements.
Public Works
CIP 641
Clark Building Refurbishment Phase 3
Contract Services/Private $12,000 Additional funding required to
purchase roller window shades
for main room. This type of
shade is needed as new
windows will significantly
increase the natural light in the
room.
6
CAPITAL IMPROVEMENT FUND (301)
CONTINUED
Public Works
CIP 654
Community Center Electrical Upgrades
Contract Services/Private $30,000 Additional funding required to
replace exterior lighting fixtures
for the tennis courts and
parking areas which will allow a
discounted electric billing rate
roughly half of the existing rate.
TOTAL CAPITAL IMPROVEMENT FUND ($131,776)
ARTESIA BOULEVARD RELINQUISHMENT FUND (302)
Public Works
Street Maintenance/Traffic Safety
Non-capitalized assets ($2,878)Reduce to available funding.
TOTAL ARTESIA BOULEVARD
RELINQUISHMENT FUND ($2,878)
EQUIPMENT REPLACEMENT FUND (715)
City Manager
Information Technology
Contract Services/Private $8,690 L3 maintenance contract was
not budgeted for 2008-09.
Funding was transferred from
the Police Department Contract
Services (interfund transfers
increased) to the Information
Technology Department.
Public Works
Administration
Auto Maintenance $704 Additional funding required for
replacement of
Superintendant’s vehicle radio
which stopped working.
Building Maintenance
Contract Services/Private $5,600 Funding required to install
equipment for the replay of
public meetings. (Time Warner
is no longer required to
rebroadcast effective January
2009.)
Equipment more than $1,000 $7,800 Funding required to purchase
equipment for the replay of
public meetings.
Improvements Other Than Buildings $10,000 Funding required to purchase
and install a redundant cooling
system for the server room.
TOTAL EQUIPMENT REPLACEMENT FUND $32,794
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Retirement Account Adjustments
Pension Obligation Bonds
The original budget included assumptions for issuance of pension obligation bonds to pay off the
fixed rate portion of the City’s liability. In this economy, issuance of pension obligation bonds is
not feasible therefore the following increases to departmental retirement costs are necessary. For
brevity, only fund totals are shown.
General Fund (001) $154,246
Lighting/Landscaping Fund (105) $591
Downtown Enhancement Fund (109) $231
Source Reduction/Recycling Fund (117) $191
Sewer Fund (160) $1,217
Capital Improvement Fund (301) $895
Insurance Fund (705) $506
Equipment Replacement Fund (715) $729
TOTAL INCREASE $158,606
Prepayment of Retirement Contributions
Staff advised the City Council during budget deliberations that an analysis of prepayment of
retirement contributions was in progress. The employer portion of the CalPERS expense for fiscal
year 2008-09 was prepaid in July 2008 and results in the following estimated savings to
departmental retirement costs. For brevity, only fund totals are shown.
General Fund (001) ($437,978)
Lighting/Landscaping Fund (105) ($2,089)
Downtown Enhancement Fund (109) ($796)
Source Reduction/Recycling Fund (117) ($657)
Sewer Fund (160) ($4,259)
Capital Improvement Fund (301) ($3,190)
Insurance Fund (705) ($1,901)
Equipment Replacement Fund (715) ($2,544)
TOTAL DECREASE ($453,414)
NET CHANGE TO RETIREMENT
ACCOUNTS ($294,808)
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TRANSFER TO INSURANCE FUND
A transfer from the Contingency Fund to the Insurance Fund of $126,661 was made to keep the
Insurance Fund from having a deficit balance. Claims paid and claim estimates at year end
07/08 were higher than anticipated.
DESIGNATION OF FUNDS FOR OTHER POST EMPLOYMENT BENEFITS (OPEB)
During labor negotiations, post employment health benefits for some of the bargaining groups
were changed. Since expenses for these benefits will not be incurred until next year when a
new actuarial report is prepared, the amount of $128,000 has been designated from amounts
available for labor negotiations in the General Fund.
FINANCIAL POLICIES
The City Council’s adopted policies are:
General Fund – Any funds remaining unspent at year-end in the General Fund
transfer equally to the Contingency Fund, Insurance Fund, Equipment Replacement
Fund and the Capital Improvement Fund. The City Council may change these
transfers from time to time as necessary.
Compensated Absences Fund – Goal of fund balance equal to 25% funding for
accrued liabilities for employee vacation, sick and compensatory time.
Contingency Fund – Goal of fund balance equal to 15% of the General Fund
appropriations for economic uncertainties, unforeseen emergencies.
Insurance Fund – Goal of $3,000,000 in retained earnings for claims reserves and
catastrophic losses.
Equipment Replacement Fund – Goal of retained earnings equal to the
accumulated amount calculated for all equipment, based on replacement cost and
useful life of equipment.
Retirement Stabilization Fund – Created with the 2004-05 Budget for use during
times of rising retirement costs, which recently have resulted primarily from reduced
investment earnings.
Progress on Funding Goals
Fund Name
Goal
Estimated Fund
Balance 6/30/09
Over/(Under)
Goal Amount
Compensated
Absences Fund
$295,145 $272,655 ($22,489)
25.00%
Contingency
Fund*
$4,117,154 $3,829,336 ($287,818)
15.00% 13.95%
Insurance Fund* $3,000,000 $0 ($3,000,000
)
Equipment
Replacement
Fund*
$2,388,118 $1,367,871 ($1,020,247
)
*Balances shown do not include funds to be received over time from the payback of loans made to purchase the
storage property adjacent to City Hall.
9
As is shown in the Over/(Under) Goal Amount column in the Goals chart on the previous
page, all funds are under funded according to our policy. The Contingency Fund,
Insurance Fund, and Equipment Replacement Fund are the funds that made the loan to the
Downtown Enhancement Fund (DEC) to purchase the property adjacent to City Hall with
amounts being paid back over time from lease proceeds. The Contingency Fund and
Insurance Fund have been the source of funds for extraordinary legal expenses and actual
and projected claims liabilities.
THE CHALLENGE FOR NEXT YEAR
For next year, as with the current year, there will be several factors, negative and positive,
affecting preparation of the 2009-10 budget:
• All labor contracts expire 6/30/09.
• Retirement rates for all employees will be lower for 2009-10 since those rates are
already available. The impact of the current economy will affect rates starting in 2010-11
if CalPERS continues to have reduced interest earnings.
• At this point in time, there is no certain impact to our General Fund due to the State’s
huge deficit. There is a proposal to defer Highway Users Taxes (State Gas Tax Funds),
Prop 42 Transportation Funds and mandate reimbursements for seven, three and two
months respectively. As proposed, this would be more of a cash flow impact which we
could handle internally rather than an actual budget reduction.
• Property tax for 2009-10 will likely have less growth. Sales tax revenue will probably
decline, reflecting the continuing economic downturn.
• Although we have some erosion in the UUT as mentioned previously, voter approval of
the modernized UUT ordinance protects this important source of revenue.
CITY COUNCIL INPUT FOR 2009-10 BUDGET
2009-10 budget preparations begin immediately after the midyear revisions are approved. Staff
recommends that the City Council consider scheduling a meeting to discuss policy ideas and
give direction regarding development of the 2009-10 Budget. Staff recommends the City Council
discuss setting a separate meeting on February 23rd, 25th, or 26th or set the discussion for the
regular meeting of February 24th.
Respectfully submitted, Concur:
___________________________ ________________________
Viki Copeland Stephen R. Burrell
Finance Director City Manager
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revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)001General Fund3100 Taxes3101 Current Year Secured3,449,4073,202,9907,817,8308,377,8558,412,76434,9093102 Current Year Unsecured365,503319,451383,126372,936380,1047,1683103 Prior Year Collections231,831122,061209,018196,015360,374164,3593106 Supplemental Roll SB813122,155179,168490,725500,000333,693 (166,307)3107 Transfer Tax74,230103,324226,349263,518161,368 (102,150)3104 In-lieu Sales Tax00630,922621,058631,26510,2073108 Sales Tax872,155842,6441,869,7371,863,1741,893,79430,6203109 1/2 Cent Sales Tx Ext60,53662,790187,277190,000178,046(11,954)3110 Time Warner Cable TV Franchise55,85262,290237,954246,335213,339(32,996)3111 Electric Franchise0074,11974,37674,37603112 Gas Franchise0061,10362,65262,65203113 Refuse Franchise93,04790,841199,673198,452203,6445,1923114 Transient Occupancy Tax850,021793,0791,892,3631,847,1151,853,8466,7313115 Business License432,538379,262802,347827,325855,62228,2973120 Utility User Tax1,088,1601,090,8772,714,0292,713,7312,663,548(50,183)3122 Property tax In-lieu of Veh Lic Fees001,557,3351,659,6521,672,90213,2503123 Verizon Nonexclusive Cable Franchise Fee19,52812,29961,57455,81197,78541,974Total Taxes7,714,9637,261,07619,415,48120,070,005 20,049,122(20,883)3200 Licenses And Permits3202 Dog Licenses10,8209,47811,58911,00012,9301,9303203 Bicycle Licenses000260(26)3204 Building Permits200,431232,718495,129424,026424,02603205 Electric Permits34,14234,33976,98971,40971,40903206 Plumbing Permits31,70739,26484,57274,95774,95703207 Occupancy Permits9,86310,48820,47217,00019,0002,0003208 Grease Trap Permits4,4402,2086,9129,6009,60003209 Garage Sales575496505773211 Banner Permits2,8585,6008,0818,0003,000(5,000)11
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)001 General Fund3212 Animal/Fowl Permits1587823478158803213 Animal Redemption Fee4666781,2131,5001,000(500)3214 Amplified Sound Permit2,0221,3472,5792,0002,7007003215 Temporary Sign Permit1,2511,4644,4523,2373,23703217 Open Fire Permit6058351,68583583503218 Auto Repair Permit5,9641358,6797,3377,33703219 Newsrack Permits5801141,0941,9321,500(432)3225 Taxicab Franchise Fees00154,000154,000165,00011,000Total Licenses And Permits305,364338,800877,776786,987796,7469,7593300 Fines & Forfeitures3301 Municipal Court Fines168,368130,052334,887311,000350,00039,0003302 Court Fines /Parking846,924822,3411,622,5971,726,5931,726,5930Total Fines & Forfeitures1,015,292952,3931,957,4842,037,5932,076,59339,0003400 Use Of Money & Property3401 Interest Income(1,043)5,04567,18895,79127,242(68,549)3402 Rents & Concessions1,49607961,4002,2508503403 Pier Revenue294422865900700(200)3404 Community Center Leases30,44934,79764,94963,00063,00003405 Community Center Rentals42,41051,52988,80491,70080,000(11,700)3406 Community Center Theatre52,68555,640112,25475,00075,00003411 Other Facilities3,9575,50710,6807,0007,00003412 Tennis Courts10,83710,73622,22020,00020,00003418 Special Events29,64634,17478,960125,675134,5378,8623450 Investment Discount251,0301,6264225(17)3475 Investment Premium0000(117)(117)Total Use Of Money & Property170,756198,880448,342480,508409,637(70,871)3500 Intergovernmental/State3505 In Lieu Motor Vehicle24,62142,49586,90696,59753,453(43,144)12
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)001 General Fund3507 Highway Maintenance01,8641,8641,8641,86403508 Mandated Costs7,24313,97220,84333,30717,778(15,529)3509 Homeowner Property Tax Relief12,15112,09780,64480,64481,0093653510 POST5,0588,11921,47310,00020,00010,0003511 STC-Service Officer Training09236,1552,0002,0000Total Intergovernmental/State49,07379,470217,885224,412176,104(48,308)3800 Current Service Charges3801 Residential Inspection16,15020,36640,74840,76432,431(8,333)3802 Sign Review3,1623,2627,5826,9606,96003803 Environmental Impact1,3189533,5275,1485,14803805 Conditional Use Permit Amendment3,3835,1888,4548,1658,16503806 Board Of Appeals05025020003807 Refuse Lien Fees/Consolidated3,8092,676462462518563808 Zone Variance Review1,8258,79512,44512,7755,563(7,212)3809 Tentative Map Review07,36418,93215,4247,896(7,528)3810 Final Map Review10,1924,9224,92210,08714,6204,5333811 Zone Change/Gen Plan Amendment05,7188,76012,1686,230(5,938)3812 Conditional Use Review6,34010,90024,04921,06616,324(4,742)3813 Plan Check Fees90,143196,367343,565330,740180,286 (150,454)3814 Planning/Zoning Appeal7087081,4161,0621,06203815 Public Works Services40,03039,766114,34160,00060,00003816 Utility Improvement Project (per 250 lf)009750003817 Address Change Request Fee600002402403818 Police Services2,7853,2614,7383,5003,50003819 Jail Services17,37217,50028,86835,00035,00003823 Special Event Security/Police18,44121,10650,86150,00038,090(11,910)3824 500' Noticing00009,0009,0003825 Public Notice Posting5971,0651,9771,8721,515(357)3827 Library Grounds Maintenance0010,83311,37411,37403831 Street Cut Inspection52,38937,53561,10960,00080,00020,00013
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)001 General Fund3833 Recreation Service Charges11,8054,4324,4328,00015,0007,0003834 Encroachment Permit132,54089,251189,458200,000265,00065,0003835 Youth Sports Admin Fee6,4402,3402,3406,3406,4401003836 Refund Transaction Fee600000003837 Returned Check Charge1,0861,1522,0061,7001,70003838 Sale Of Maps/Publications26101002(98)3839 Photocopy Charges4014129731,200800(400)3840 Ambulance Transport196,268214,668370,516405,446405,44603841 Police Towing30,53734,02485,85584,00075,000(9,000)3842 Parking Meters743,680761,5881,564,4021,781,2501,685,361(95,889)3843 Parking Permits-Annual26,88328,152393,327364,000390,00026,0003844 Daily Parking Permits8107861,3321,3501,35003848 Driveway Permits4567681,0961,0001,00003849 Guest Permits1,0781,0911,9971,7001,70003850 Contractors Permits13,05516,11434,06634,00027,596(6,404)3851 Cash Key Revenue15,58115,49231,86224,00030,0006,0003852 Recreation Program Transaction Fee27,87725,74542,56731,00031,00003856 500' - 2nd Noticing00001,0001,0003857 Parking Plan Application3,5408,33311,79112,1038,850(3,253)3862 Alarm Permit Fee184176389600400(200)3863 False Alarm Fee8400084843867 Precise Development Plans2,59512,21422,35025,34012,975(12,365)3868 Public Noticing/300 Ft Radius4,4919,48116,96619,4618,982(10,479)3870 Legal Determination Hearing2,266002,2132,266533871 Passport Processing Fee7,82514,28029,22024,00021,360(2,640)3872 Passport Photo Fee2,0103,6806,9355,0605,06003877 Business License Application Fee4,9210010,12710,12703878 Reinspection Fee8662,1044,8822,1042,10403879 Business License Renewal Fee9,0520023,90019,290(4,610)3882 Spec Event Security/Fire2,7733,8076,5203,9243,92403883 Final/Tentative Map Extension1,5173,57110,9767,4051,517(5,888)14
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)001 General Fund3884 Lot Line Adjustment01,5673,1341,5671,56703886 Text Amendment/Private001,8421,8421,84203888 Planning Commission Appeals4,7743,0389,3029,3969,39603890 300 Ft Radius Noticing/Appeal to CC6759001,8001,8001,350(450)3891 Appeal of Plng Comm Action to Council3,3483,3486,6965,0225,02203893 Contract Recreation Classes266,682226,130375,818307,505315,0007,4953894 Other Recreation Programs79,56178,11995,14091,50091,50003895 Zoning Information Letters212001064303243896 Mailing Fee34847034343897 Admin Fee/TULIP Ins Certificate7676023121,2001,20003899 C.U.P. Minor Amendment001,612000Total Current Service Charges1,875,9801,955,3334,081,0374,187,8283,986,597 (201,231)3900 Other Revenue3901 Sale of Real/Personal Property7542253750050003902 Refunds/Reimb Previous Years2,1048,23920,10202,1042,1043903 Contributions Non Govt30,550116,660129,89328,08230,5502,4683904 General Miscellaneous40,58416,557110,418042,14542,1453909 Late Fee004470003920 BCHD Healthy Cities Fund5,4635,45421,83921,83521,83503945 In-Serv Firefighter Trng Prog/El Camino4,6506,30015,52512,26812,26803960 Verizon PEG Grant003,6603,6605,5001,840Total Other Revenue83,426153,632302,42166,345114,90248,557Total General Fund11,214,85410,939,58427,300,42627,853,678 27,609,701 (243,977)15
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)105 Lightg/Landscapg Dist Fund3100 Taxes3101 Current Year Secured182,413181,932443,672447,990444,860(3,130)3103 Prior Year Collections6,0044,9829,62110,33710,33703105 Assessment Rebates(1,132)(1,157)(4,208)(2,067)(4,200)(2,133)Total Taxes187,285185,757449,085456,260450,997(5,263)3400 Use Of Money & Property3401 Interest Income1337025,3125,4972,440(3,057)3450 Investment Discount2501042203475 Investment Premium0000(15)(15)Total Use Of Money & Property1357525,4165,4992,427(3,072)3900 Other Revenue3902 Refunds/Reimb Previous Years09494000TotalOther Revenue09494000Total Lightg/Landscapg Dist Fund187,420186,603454,595461,759453,424(8,335)109 Downtown Enhancement Fund3400 Use Of Money & Property3401 Interest Income4,5247,04427,15131,31018,376(12,934)3419 Coke Machine Revenue-Centennial Celeb07061,3160003421 St Patrick's Day Participant Entry Fee001,40005005003425 Ground Lease14,25614,25628,51228,51228,51203427 Cell Site License14,13615,76327,54228,74227,542(1,200)3431 Storage Facility Operating Lease93,88291,147184,573190,110190,11003450 Investment Discount15488702141513475 Investment Premium(11)000(102)(102)Use Of Money & Property126,802129,404271,196278,688264,953(13,735)16
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)109 Downtown Enhancement Fund3800 Current Service Charges3815 Public Works Services2,4703,6528,9826,0006,00003844 Lot A Revenue102,136117,560245,780222,408213,597(8,811)3846 North Pier Parking Structure Revenue293,615300,762592,909582,208582,2080Total Current Service Charges398,221421,974847,671810,616801,805(8,811)3900 Other Revenue3902 Refunds/Reimb Previous Years003450003903 Contributions Non Govt049,16554,779000Total Other Revenue049,16555,124000Total Downtown Enhancement Fund525,023600,5431,173,9911,089,3041,066,758(22,546)115 State Gas Tax Fund3400 Use Of Money & Property3401 Interest Income1,998662176,0985,090(1,008)3450 Investment Discount925273963475 Investment Premium(3)000(21)(21)Total Use Of Money & Property2,004912446,1015,078(1,023)3500 Intergovernmental/State3501 Section 2106 Allocation27,48524,24171,74374,50074,50003502 Section 2107 Allocation60,96853,950154,971169,325169,32503503 Section 2107.5 Allocation004,0004,0004,00003512 Section 2105 (Prop 111)44,78039,653115,808126,386126,38603520 Prop 1B Allocation00400,0000003522 TDA Article 3/Local08,42414,376011,00011,0003552 Prop 42/AB2928 Traffic Congestion Relief47,68700187,468156,969(30,499)Total Intergovernmental/State180,920126,268760,898561,679542,180(19,499)Total State Gas Tax Fund182,924126,359761,142567,780547,258(20,522)17
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)117 AB939 Fund3400 Use Of Money & Property3401 Interest Income3,1596,33118,73018,36411,443(6,921)3450 Investment Discount83174568803475 Investment Premium(8)000(62)(62)Total Use Of Money & Property3,1596,64819,18618,37211,389(6,983)3800 Current Service Charges3860 AB939 Surcharge24,58624,27158,45857,30757,3070Total Current Service Charges24,58624,27158,45857,30757,3070Total AB939 Fund27,74530,91977,64475,67968,696(6,983)121 Prop A Open Space Fund3600 Intergovernmental/County3608 Maintenance Allocation0020,55720,55720,55703613 Beach Restroom Rehab/Co Share000250,000250,00003625 Hermosa Senior Activity Center005,61294,38894,3880Total Intergovernmental/County0026,169364,945364,9450Total Prop A Open Space Fund0026,169364,945364,9450122 Tyco Fund3400 Use Of Money & Property3401 Interest Income4,3263,85917,02413,78015,7111,9313426 Easement Agreement256,450150,000300,000300,000412,900112,9003450 Investment Discount1121834361153475 Investment Premium(11)000(78)(78)Total Use Of Money & Property260,776154,077317,367313,786428,544114,758Total Tyco Fund260,776154,077317,367313,786428,544114,75818
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)123 Tyco Tidelands3400 Use Of Money & Property3401 Interest Income2,6245,91717,17317,0129,536(7,476)3450 Investment Discount729642887(1)3475 Investment Premium(6)000(52)(52)Total Use Of Money & Property2,6256,21317,60117,0209,491(7,529)Total Tyco Tidelands2,6256,21317,60117,0209,491(7,529)125 Park/Rec Facility Tax Fund3100 Taxes3116 Parks & Recreation Facility Tax3,50003,5003,5007,0003,500Total Taxes3,50003,5003,5007,0003,5003400 Use Of Money & Property3401 Interest Income2,5242,9649,5348,5968,363(233)3450 Investment Discount71432014733475 Investment Premium(6)000(42)(42)Total Use Of Money & Property2,5253,1079,7358,6008,328(272)3900 Other Revenue3910 Park/Recreation In Lieu Fee024,692190,536232,920151,652(81,268)Total Other Revenue024,692190,536232,920151,652(81,268)Total Park/Rec Facility Tax Fund6,02527,799203,771245,020166,980(78,040)126 4% Utility Users Tax Fund3400 Use Of Money & Property3401 Interest Income019460003450 Investment Discount033000Total Use Of Money & Property02249000Total 4% Utility Users Tax Fund0224900019
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)127 Building Improvement Fund3400 Use Of Money & Property3401 Interest Income266118320889(119)3450 Investment Discount0350003475 Investment Premium0000(1)(1)Total Use Of Money & Property266418820888(120)Total Building Improvement Fund266418820888(120)135 Bayview Dr Dist Admin Exp Fund3400 Use Of Money & Property3401 Interest Income008340477Total Use Of Money & Property0083404773900 Other Revenue3925 Spec Assessment Admin Fees4,6204,6204,6204,6204,6200Total Other Revenue4,6204,6204,6204,6204,6200Total Bayview Dr Dist Admin Exp Fund4,6204,6204,7034,6604,6677136 Lower Pier Admin Exp Fund3900 Other Revenue3925 Special Assessment Admin Fees3,3243,3243,3243,3243,3240Total Other Revenue3,3243,3243,3243,3243,3240Total Lower Pier Admin Exp Fund3,3243,3243,3243,3243,3240137 Myrtle Dist Admin Exp Fund3400 Use Of Money & Property3401 Interest Income110176698617462(155)Total Use Of Money & Property110176698617462(155)20
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)137 Myrtle Dist Admin Exp Fund3900 Other Revenue3925 Special Assessment Admin Fees9,3919,3919,3919,3919,3910Total Other Revenue9,3919,3919,3919,3919,3910Total Myrtle Dist Admin Exp Fund9,5019,56710,08910,0089,853(155)138 Loma Dist Admin Exp Fund3400 Use Of Money & Property3401 Interest Income147240915818602(216)Total Use Of Money & Property147240915818602(216)3900 Other Revenue3925 Special Assessment Admin Fees10,33710,37910,37910,37910,337(42)Total Other Revenue10,33710,37910,37910,37910,337(42)Total Loma Dist Admin Exp Fund10,48410,61911,29411,19710,939(258)139 Beach Dr Assmnt Dist Admin Exp Fund3400 Use Of Money & Property3401 Interest Income 4 0 66 39 45 6Total Use Of Money & Property4066394563900 Other Revenue3925 Special Assessment Admin Fees2,9582,9582,9582,9582,9580Total Other Revenue2,9582,9582,9582,9582,9580Total Beach Dr Assmnt Dist Admin Exp Fund2,9622,9583,0242,9973,0036140 Community Dev Block Grant3700 Intergovernmental/Federal3715 CDBG Administration1,2841,3099,5359,2419,24103723 Community Center Theatre/Phase III-V49300197,334159,424(37,910)Total Intergovernmental/Federal1,7771,3099,535206,575168,665(37,910)Total Community Dev Block Grant1,7771,3099,535206,575168,665(37,910)21
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)145 Proposition A Fund3100 Taxes3117 Proposition A Transit153,484130,764310,437320,077320,0770Total Taxes153,484130,764310,437320,077320,07703400 Use Of Money & Property3401 Interest Income10,05315,47948,90042,82335,520(7,303)3450 Investment Discount247651,129192453475 Investment Premium(25)000(185)(185)Total Use Of Money & Property10,05216,24450,02942,84235,359(7,483)3800 Current Service Charges3853 Dial-A-Taxi Program2,5402,0354,6834,1705,0008303855 Bus Passes5645671,2361,2551,2550Total Current Service Charges3,1042,6025,9195,4256,255830Total Proposition A Fund166,640149,610366,385368,344361,691(6,653)146 Proposition C Fund3100 Taxes3118 Proposition C Local Return129,152109,408258,985265,529265,5290Total Taxes129,152109,408258,985265,529265,52903400 Use Of Money & Property3401 Interest Income24,13138,716120,917109,05083,422(25,628)3450 Investment Discount591,9282,8284859113475 Investment Premium(56)000(437)(437)Total Use Of Money & Property24,13440,644123,745109,09883,044(26,054)Total Proposition C Fund153,286150,052382,730374,627348,573(26,054)22
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)150 Grants Fund3500 Intergovernmental/State3558 Beverage Recycling Grant5,1095,1655,1655,1655,16503562 State Homeland Security Grant Program00050,66150,66103564 State Homeland Security Grant 200400(428)0003570 Clean Beaches Initiative Grant (Prop 50)44,941040,515640,000640,0000Total Intergovernmental/State50,0505,16545,252695,826695,82603600 Intergovernmental/County3604 County of LA Measure B Funds016,94916,949000Total Intergovernmental/County016,94916,9490003700 Intergovernmental/Federal3732 STPL Street Improvement Reimb000714,598714,5980Total Intergovernmental/Federal000714,598714,59803900 Other Revenue3965 Fireman's Fund Emerg Prep Prog Grant09,2299,229000Total Other Revenue09,2299,229000Total Grants Fund50,05031,34371,4301,410,4241,410,4240152 Air Quality Mgmt Dist Fund3400 Use Of Money & Property3401 Interest Income 1,439 2,135 6,868 5,849 4,997 (852)3450 Investment Discount 3 105 156 3 3 03475 Investment Premium (3) 0 0 0 (26) (26)Total Use Of Money & Property1,4392,2407,0245,8524,974(878)3500 Intergovernmental/State3538 AQMD Emission Control AB27665,8305,93223,25923,75123,7510Total Intergovernmental/State5,8305,93223,25923,75123,7510Total Air Quality Mgmt Dist Fund7,2698,17230,28329,60328,725(878)23
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)153 Supp Law Enf Serv Fund (SLESF)3100 Taxes3135 C.O.P.S. Allocation25,000100,000100,000100,00050,000(50,000)Total Taxes25,000100,000100,000100,00050,000(50,000)3400 Use Of Money & Property3401 Interest Income1,9222,85010,16411,9437,061(4,882)3450 Investment Discount51752595503475 Investment Premium(5)000(37)(37)Total Use Of Money & Property1,9223,02510,42311,9487,029(4,919)Total Supp Law Enf Serv Fund (SLESF)26,922103,025110,423111,94857,029(54,919)154 CA Law Enf Equip Prog Fund (CLEEP)3400 Use Of Money & Property3401 Interest Income725747128(43)3450 Investment Discount012000Total Use Of Money & Property726767128(43)Total CA Law Enf Equip Prog Fund (CLEEP)726767128(43)156 Taskforce for Reg Autotheft Prev (TRAP)3600 Intergovernmental/County3620 T.R.A.P. Taskforce Reimbursement00147,328000Total Intergovernmental/County00147,328000Total Taskforce for Reg Autotheft Prev (TRAP)00147,32800024
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)160 Sewer Fund3400 Use Of Money & Property3401 Interest Income4,49615,21340,82341,30318,317(22,986)3450 Investment Discount116989901811(7)3475 Investment Premium(12)000(107)(107)Total Use Of Money & Property4,49515,91141,81341,32118,221(23,100)3500 Intergovernmental/State3550 CA Waste Oil Recycling Grant004,8035,1645,1640Total Intergovernmental/State004,8035,1645,16403600 Intergovernmental/County3602 Beach Outlet Maintenance0025,00025,00025,0000Total Intergovernmental/County0025,00025,00025,00003800 Current Service Charges3828 Sewer Connection Fee10,49595610,22522,32922,32903829 Sewer Demolition Fee1,1803,5216,9624,0004,00003832 Sewer Lateral Installation7,5492,8668,5665,00010,0005,000Total Current Service Charges19,2247,34325,75331,32936,3295,0003900 Other Revenue3917 Adopt-A-Storm Drain Donation7,0497202,8624,0007,0493,049Total Other Revenue7,0497202,8624,0007,0493,049Total Sewer Fund30,76823,974100,231106,81491,763(15,051)170 Asset Seizure/Forft Fund3300 Fines & Forfeitures3304 State Forfeited Funds1542,8266,2515,600300(5,300)3307 Department of Justice Forfeited Funds13,7301,98326,7244,00014,00010,0003308 Department of Treasury Forfeited Funds1,5944,0634,0635002,0001,500Total Fines & Forfeitures15,4788,87237,03810,10016,3006,20025
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)170 Asset Seizure/Forft Fund3400 Use Of Money & Property3401 Interest Income1,2281,3984,9064,0614,2261653450 Investment Discount3661012203475 Investment Premium(3)000(21)(21)Total Use Of Money & Property1,2281,4645,0074,0634,207144Total Asset Seizure/Forft Fund16,70610,33642,04514,16320,5076,344180 Fire Protection Fund3400 Use Of Money & Property3401 Interest Income6172,6986,3088,6112,432(6,179)3450 Investment Discount213918842(2)3475 Investment Premium(2)000(14)(14)Total Use Of Money & Property6172,8376,4968,6152,420(6,195)3900 Other Revenue3912 Fire Flow Fee46,37741,07195,26091,64791,6470Total Other Revenue46,37741,07195,26091,64791,6470Total Fire Protection Fund46,99443,908101,756100,26294,067(6,195)198 Retirement Stabilization Fund3400 Use Of Money & Property3401 Interest Income7,47018,27050,45654,51626,593(27,923)3450 Investment Discount199201,2922419(5)3475 Investment Premium(16)000(146)(146)Total Use Of Money & Property7,47319,19051,74854,54026,466(28,074)Total Retirement Stabilization Fund7,47319,19051,74854,54026,466(28,074)26
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)199 Contingency Fund3400 Use Of Money & Property3401 Interest Income41,81485,653251,233234,594148,651(85,943)3450 Investment Discount1044,1846,07610310413475 Investment Premium(95)000(801)(801)Total Use Of Money & Property41,82389,837257,309234,697147,954(86,743)Total Contingency Fund41,82389,837257,309234,697147,954(86,743)301 Capital Improvement Fund3400 Use Of Money & Property3401 Interest Income12,72441,467120,355114,98952,822(62,167)3414 Fund Exchange00100,0000003450 Investment Discount381,9862,8745138(13)3475 Investment Premium(29)000(314)(314)Total Use Of Money & Property12,73343,453223,229115,04052,546(62,494)Total Capital Improvement Fund12,73343,453223,229115,04052,546(62,494)302 Artesia Blvd Relinquishment3400 Use Of Money & Property3401 Interest Income 228 848 1,782 3,597 815 (2,782)3450 Investment Discount 1 44 54 2 1 (1)3475 Investment Premium (1) 0 0 0 (4) (4)Total Use Of Money & Property2288921,8363,599812(2,787)Total Artesia Blvd Relinquishment2288921,8363,599812(2,787)307 Myrtle Util Undrgrnd Impr Fund3400 Use Of Money & Property3401 Interest Income 106 191 575 549 373 (176)3450 Investment Discount 0 10 14 0 0 03475 Investment Premium 0 0 0 0 (2) (2)Total Use Of Money & Property106201589549371(178)Total Myrtle Util Undrgrnd Impr Fund106201589549371(178)27
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)309 Bayview Dr Util Undrgrndng Dist Imp Fund3400 Use Of Money & Property3401 Interest Income2,3004,27512,29712,3737,815(4,558)3450 Investment Discount52163065503475 Investment Premium(5)000(41)(41)Total Use Of Money & Property2,3004,49112,60312,3787,779(4,599)Total Bayview Dr Util Undrgrndng Dist Imp Fund2,3004,49112,60312,3787,779(4,599)311 Beach Dr Assessment Dist Improvmnt Fund3400 Use Of Money & Property3401 Interest Income1,0301,7565,2885,0483,486(1,562)3450 Investment Discount2881272203475 Investment Premium(2)000(18)(18)Total Use Of Money & Property1,0301,8445,4155,0503,470(1,580)Total Beach Dr Assessment Dist Improvmnt Fund1,0301,8445,4155,0503,470(1,580)609 Bayview Dr Redemption Fund 2004-23400 Use Of Money & Property3401 Interest Income431,7874,5024,022989(3,033)Total Use Of Money & Property431,7874,5024,022989(3,033)Total Bayview Dr Redemption Fund 2004-2431,7874,5024,022989(3,033)610 Lwr Pier Dist Redemption Fund3400 Use Of Money & Property3401 Interest Income1132131,2891,490755(735)Total Use Of Money & Property1132131,2891,490755(735)Total Lwr Pier Dist Redemption Fund1132131,2891,490755(735)28
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)611 Beach Dr Assessment Dist Redemption Fund3400 Use Of Money & Property3401 Interest Income2957713807404(403)Total Use Of Money & Property2957713807404(403)Total Beach Dr Assessment Dist Redemption Fund2957713807404(403)612 Beach Dr Assessment Dist Reserve Fund3400 Use Of Money & Property3401 Interest Income4173221211143(68)Total Use Of Money & Property4173221211143(68)Total Beach Dr Assessment Dist Reserve Fund4173221211143(68)617 Myrtle Ave Assessment Fund3400 Use Of Money & Property3401 Interest Income3064252,9033,1001,904(1,196)Total Use Of Money & Property3064252,9033,1001,904(1,196)Total Myrtle Ave Assessment Fund3064252,9033,1001,904(1,196)618 Loma Drive Assessment Fund3400 Use Of Money & Property3401 Interest Income2843762,9723,2271,913(1,314)Total Use Of Money & Property2843762,9723,2271,913(1,314)Total Loma Drive Assessment Fund2843762,9723,2271,913(1,314)619 Bayview Dr Reserve Fund 2004-23400 Use Of Money & Property3401 Interest Income141241726693478(215)Total Use Of Money & Property141241726693478(215)Total Bayview Dr Reserve Fund 2004-2141241726693478(215)29
revflex.rptCity of Hermosa Beach2008-09 Midyear Revenue Review 2008-092007-082007-082008-092008-09 IncreaseAccount NumberThru Dec 08 Thru Dec 07 Thru Year End Revised Budget Mdyr Revision(Decrease)705 Insurance Fund3800 Current Service Charges3880 Insurance Service Charges1,075,434952,3561,904,7112,150,8662,150,8660Total Current Service Charges1,075,434952,3561,904,7112,150,8662,150,86603900 Other Revenue3902 Refunds/Reimb Previous Years36,72661,807111,877036,72636,7263904 General Miscellaneous0020,379000Total Other Revenue36,72661,807132,256036,72636,726Total Insurance Fund1,112,1601,014,1632,036,9672,150,8662,187,59236,726715 Equipment Replacement Fund3800 Current Service Charges3885 Comm Equip/Business Mach Charges299,814258,791517,575599,638599,63803889 Vehicle/Equip Replacement Charges422,004415,560824,839844,022844,0220Total Current Service Charges721,818674,3511,342,4141,443,6601,443,66003900 Other Revenue3901 Sale of Real/Personal Property1,00020,94305,0005,00003902 Refunds/Reimb Previous Years00270003903 Contributions Non Govt1,5001,5003,0003,0003,0000Total Other Revenue2,50022,4433,0278,0008,0000Total Equipment Replacement Fund724,318696,7941,345,4411,451,6601,451,6600Grand Total14,841,85614,499,06335,676,06237,786,125 37,214,379 (571,746)30
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
LIGHTING DOWNTOWN
GENERAL LANDSCAPING ENHANCEMENT
FUND FUND FUND
001 105 109
ESTIMATED REVENUE
Taxes $20,049,122 $450,997 $0
Licenses/Permits $796,746 $0 $0
Fines/Forfeitures $2,076,593 $0 $0
Use of Money/Property $409,637 $2,427 $264,953
Intergovernmental/State $176,104 $0 $0
Intergovernmental/County $0 $0 $0
Intergovernmental/Federal $0 $0 $0
Current Service Charges $3,986,597 $0 $801,805
Other Revenue $114,902 $0 $0
TOTAL ESTIMATED REVENUE $27,609,701 $453,424 $1,066,758
INTERFUND TRANSFERS IN $892,742 $9,267 $842
ESTIMATED FUNDS AVAILABLE $28,502,443 $462,691 $1,067,600
ACTUAL FUND BALANCE
7/1/08 $498,741 $118,780 $8,743,663
TOTAL FUNDS AVAILABLE $29,001,184 $581,471 $9,811,263
APPROPRIATIONS
Operating Budget $27,447,694 $558,247 $1,047,556
Capital Outlay $84,345 $0 $0
Capital Improvements $0 $0 $38,284
TOTAL APPROPRIATIONS $27,532,039 $558,247 $1,085,840
INTERFUND TRANSFERS OUT $1,008,371 $10,967 $4,303
TOTAL APPROPRIATIONS/TRANSFERS OUT $28,540,410 $569,214 $1,090,143
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 $460,774 (a)$12,257 $8,721,120 (b)
(a) DESIGNATIONS/RESERVES OF FUND BALANCE:(b) Investment In
Affordable Housing $111,831 Fixed Assets
Reserve for Capital Outlay $9,592 $10,098,086
Reserve for OPEB Increases/MOU's 08-09 $128,000
Reserve Greenwald Theatre Improvement
donation $50,000
Sales Tax Receivable - Due 01/10 $161,351
$460,774
Storage Lot Loan (reduced by lease revenue) $1,411,870
Available Fund Balance 6/30/09 $0 $12,257 $34,905
1 Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
31
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
COMPENSATED PROP A STATE GAS AB 939 ABSENCES OPEN SPACE TYCO
TAX FUND FUND FUND FUND FUND
115 117 119 121 122
ESTIMATED REVENUE
Taxes $0 $0 $0 $0 $0
Licenses/Permits $0 $0 $0 $0 $0
Fines/Forfeitures $0 $0 $0 $0 $0
Use of Money/Property $5,078 $11,389 $0 $0 $428,544
Intergovernmental/State $542,180 $0 $0 $0 $0
Intergovernmental/County $0 $0 $0 $364,945 $0
Intergovernmental/Federal $0 $0 $0 $0 $0
Current Service Charges $0 $57,307 $0 $0 $0
Other Revenue $0 $0 $0 $0 $0
TOTAL ESTIMATED REVENUE $547,258 $68,696 $0 $364,945 $428,544
INTERFUND TRANSFERS IN $0 $373 $0 $0 $0
ESTIMATED FUNDS AVAILABLE $547,258 $69,069 $0 $364,945 $428,544
ACTUAL FUND BALANCE
7/1/08 $548,520 $296,025 $272,655 $3 $348,465
TOTAL FUNDS AVAILABLE $1,095,778 $365,094 $272,655 $364,948 $777,009
APPROPRIATIONS
Operating Budget $14,375 $102,069 $0 $0 $0
Capital Outlay $0 $0 $0 $0 $0
Capital Improvements $644,377 $41,600 $0 $344,388 $257,186
TOTAL APPROPRIATIONS $658,752 $143,669 $0 $344,388 $257,186
INTERFUND TRANSFERS OUT $370,211 $0 $20,557 $175,000
TOTAL APPROPRIATIONS/TRANSFERS OUT $1,028,963 $143,669 $0 $364,945 $432,186
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 $66,815 (c) $221,425 $272,655 $3 $344,823
(c) RESERVE
Traffic Congestion Relief - $12,682
TDA Bike Path -$377
Available Fund Balance 6/30/09 $53,756 $221,425 $272,655 $3 $344,823
1 Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
32
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
BAYVIEW DRIVE
PARK/DISTRICT
TYCO RECREATION BUILDING ADMINISTRATIVE
TIDELANDS FACILITY TAX IMPROVEMENT EXPENSE
FUND FUND FUND FUND
123 125 127 135
ESTIMATED REVENUE
Taxes $0 $7,000 $0 $0
Licenses/Permits $0 $0 $0 $0
Fines/Forfeitures $0 $0 $0 $0
Use of Money/Property $9,491 $8,328 $88 $47
Intergovernmental/State $0 $0 $0 $0
Intergovernmental/County $0 $0 $0 $0
Intergovernmental/Federal $0 $0 $0 $0
Current Service Charges $0 $0 $0 $0
Other Revenue $0 $151,652 $0 $4,620
TOTAL ESTIMATED REVENUE $9,491 $166,980 $88 $4,667
INTERFUND TRANSFERS IN $0 $0 $0 $0
ESTIMATED FUNDS AVAILABLE $9,491 $166,980 $88 $4,667
ACTUAL FUND BALANCE
7/1/08 $245,226 $235,471 $3,848 $526
TOTAL FUNDS AVAILABLE $254,717 $402,451 $3,936 $5,193
APPROPRIATIONS
Operating Budget $0 $37,072 $0 $1,925
Capital Outlay $0 $27,348 $0 $0
Capital Improvements $243,432 $338,031 $0 $0
TOTAL APPROPRIATIONS $243,432 $402,451 $0 $1,925
INTERFUND TRANSFERS OUT $0 $0 $3,013 $2,693
TOTAL APPROPRIATIONS/TRANSFERS OUT $243,432 $402,451 $3,013 $4,618
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 $11,285 $0 $923 $575
Available Fund Balance 6/30/09 $11,285 $0 $923 $575
1 Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
33
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
BEACH DRIVE
LOWER PIER MYRTLE DISTRICT LOMA DISTRICT ASSESSMENT DISTRICT ADMINISTRATIVE ADMINISTRATIVE ADMINISTRATIVE ADMINISTRATIVE EXPENSE EXPENSE EXPENSE EXPENSE
FUND FUND FUND FUND
136 137 138 139
ESTIMATED REVENUE
Taxes $0 $0 $0 $0
Licenses/Permits $0 $0 $0 $0
Fines/Forfeitures $0 $0 $0 $0
Use of Money/Property $0 $462 $602 $45
Intergovernmental/State $0 $0 $0 $0
Intergovernmental/County $0 $0 $0 $0
Intergovernmental/Federal $0 $0 $0 $0
Current Service Charges $0 $0 $0 $0
Other Revenue $3,324 $9,391 $10,337 $2,958
TOTAL ESTIMATED REVENUE $3,324 $9,853 $10,939 $3,003
INTERFUND TRANSFERS IN $0 $0 $0 $0
ESTIMATED FUNDS AVAILABLE $3,324 $9,853 $10,939 $3,003
ACTUAL FUND BALANCE
7/1/08 $2,723 $10,748 $14,222 $644
TOTAL FUNDS AVAILABLE $6,047 $20,601 $25,161 $3,647
APPROPRIATIONS
Operating Budget $1,650 $6,160 $6,710 $1,925
Capital Outlay $0 $0 $0 $0
Capital Improvements $0 $0 $0 $0
TOTAL APPROPRIATIONS $1,650 $6,160 $6,710 $1,925
INTERFUND TRANSFERS OUT $1,132 $3,279 $3,748 $1,144
TOTAL APPROPRIATIONS/TRANSFERS OUT $2,782 $9,439 $10,458 $3,069
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 $3,265 $11,162 $14,703 $578
Available Fund Balance 6/30/09 $3,265 $11,162 $14,703 $578
1 Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
34
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
COMMUNITY
DEVELOPMENT PROPOSITION PROPOSITION
BLOCK GRANT A C GRANTS
FUND FUND FUND FUND
140 145 146 150
ESTIMATED REVENUE
Taxes $0 $320,077 $265,529 $0
Licenses/Permits $0 $0 $0 $0
Fines/Forfeitures $0 $0 $0 $0
Use of Money/Property $0 $35,359 $83,044 $0
Intergovernmental/State $0 $0 $0 $695,826
Intergovernmental/County $0 $0 $0 $0
Intergovernmental/Federal $168,665 $0 $0 $714,598
Current Service Charges $0 $6,255 $0 $0
Other Revenue $0 $0 $0 $0
TOTAL ESTIMATED REVENUE $168,665 $361,691 $348,573 $1,410,424
INTERFUND TRANSFERS IN $0 $0 $0 $0
ESTIMATED FUNDS AVAILABLE $168,665 $361,691 $348,573 $1,410,424
ACTUAL FUND BALANCE
7/1/08 $7 $869,377 $2,167,732 $9,247
TOTAL FUNDS AVAILABLE $168,672 $1,231,068 $2,516,305 $1,419,671
APPROPRIATIONS
Operating Budget $9,241 $186,879 $0 $64,360
Capital Outlay $0 $0 $0 $0
Capital Improvements $159,424 $0 $1,658,816 $1,354,598
TOTAL APPROPRIATIONS $168,665 $186,879 $1,658,816 $1,418,958
INTERFUND TRANSFERS OUT $0 $0 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $168,665 $186,879 $1,658,816 $1,418,958
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 $7 $1,044,189 $857,489 $713
Available Fund Balance 6/30/09 $7 $1,044,189 $857,489 $713
1 Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
35
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
SUPPLEMENTAL CALIFORNIA
AIR QUALITY LAW ENFORCEMENT LAW ENFORCEMENT
IMPROVEMENT SERVICES EQUIPMENT PROGRAM
FUND FUND FUND
152 153 154
ESTIMATED REVENUE
Taxes $0 $50,000 $0
Licenses/Permits $0 $0 $0
Fines/Forfeitures $0 $0 $0
Use of Money/Property $4,974 $7,029 $28
Intergovernmental/State $23,751 $0 $0
Intergovernmental/County $0 $0 $0
Intergovernmental/Federal $0 $0 $0
Current Service Charges $0 $0 $0
Other Revenue $0 $0 $0
TOTAL ESTIMATED REVENUE $28,725 $57,029 $28
INTERFUND TRANSFERS IN $0 $0 $0
ESTIMATED FUNDS AVAILABLE $28,725 $57,029 $28
ACTUAL FUND BALANCE
7/1/08 $132,575 $183,232 $1,665
TOTAL FUNDS AVAILABLE $161,300 $240,261 $1,693
APPROPRIATIONS
Operating Budget $1,000 $44,585 $440
Capital Outlay $0 $70,853 $0
Capital Improvements $0 $0 $0
TOTAL APPROPRIATIONS $1,000 $115,438 $440
INTERFUND TRANSFERS OUT $0 $0 $1,223
TOTAL APPROPRIATIONS/TRANSFERS OUT $1,000 $115,438 $1,663
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 $160,300 $124,823 $30
Available Fund Balance 6/30/09 $160,300 $124,823 $30
1 Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
36
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
ASSET SEIZURE/FIRE
SEWER FORFEITURE PROTECTION
FUND FUND FUND
160 170 180
ESTIMATED REVENUE
Taxes $0 $0 $0
Licenses/Permits $0 $0 $0
Fines/Forfeitures $0 $16,300 $0
Use of Money/Property $18,221 $4,207 $2,420
Intergovernmental/State $5,164 $0 $0
Intergovernmental/County $25,000 $0 $0
Intergovernmental/Federal $0 $0 $0
Current Service Charges $36,329 $0 $0
Other Revenue $7,049 $0 $91,647
TOTAL ESTIMATED REVENUE $91,763 $20,507 $94,067
INTERFUND TRANSFERS IN $701,234 $0 $0
ESTIMATED FUNDS AVAILABLE $792,997 $20,507 $94,067
ACTUAL FUND BALANCE
7/1/08 $424,014 $113,030 $64,697
TOTAL FUNDS AVAILABLE $1,217,011 $133,537 $158,764
APPROPRIATIONS
Operating Budget $860,497 $1,910 $0
Capital Outlay $0 $0 $0
Capital Improvements $282,193 $4,000 $58,764
TOTAL APPROPRIATIONS $1,142,690 $5,910 $58,764
INTERFUND TRANSFERS OUT $0 $100,000
TOTAL APPROPRIATIONS/TRANSFERS OUT $1,142,690 $5,910 $158,764
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 $74,321 $127,627 (c)$0
(c) Designated Dept of Justice Funds
$9,989
(c) Designated Dept of Treasury Funds
$730
Available Fund Balance 6/30/09 $74,321 $116,908 $0
1 Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
37
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
RETIREMENT CAPITAL ARTESIA BLVD
STABILIZATION CONTINGENCY IMPROVEMENT RELINQUISHMENT
FUND FUND FUND FUND
198 199 301 302
ESTIMATED REVENUE
Taxes $0 $0 $0 $0
Licenses/Permits $0 $0 $0 $0
Fines/Forfeitures $0 $0 $0 $0
Use of Money/Property $26,466 $147,954 $52,546 $812
Intergovernmental/State $0 $0 $0 $0
Intergovernmental/County $0 $0 $0 $0
Intergovernmental/Federal $0 $0 $0 $0
Current Service Charges $0 $0 $0 $0
Other Revenue $0 $0 $0 $0
TOTAL ESTIMATED REVENUE $26,466 $147,954 $52,546 $812
INTERFUND TRANSFERS IN $0 $0 $179,918 $0
ESTIMATED FUNDS AVAILABLE $26,466 $147,954 $232,464 $812
ACTUAL FUND BALANCE
7/1/08 $748,357 $4,373,563 $1,634,448 $16,046
TOTAL FUNDS AVAILABLE $774,823 $4,521,517 $1,866,912 $16,858
APPROPRIATIONS
Operating Budget $0 $0 $27,335 $3,691
Capital Outlay $0 $0 $0 $0
Capital Improvements $0 $0 $1,540,079 $13,167
TOTAL APPROPRIATIONS $0 $0 $1,567,414 $16,858
INTERFUND TRANSFERS OUT $270,472 $626,661 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $270,472 $626,661 $1,567,414 $16,858
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 $504,351 $3,894,856 (d) $299,498 (d)$0
(d) RESERVES: (d) RESERVES:
Advance to Utility Advance to Utility Districts
Districts $200,000
$65,520
Storage Lot Loan (reduced by lease revenue)($301,957)
Available Fund Balance 6/30/09 $504,351 $3,527,379 $99,498 $0
1 Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
38
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
BAYVIEW DRIVE
BEACH DRIVE 2 MYRTLE UTILITY UTILITY
UNDERGROUNDING UNDERGROUNDING UNDERGROUNDING
DISTRICT IMPROVEMENT DISTRICT IMPROVEMENT DISTRICT IMPROVEMENT
FUND FUND FUND
303 307 309
ESTIMATED REVENUE
Taxes $0 $0 $0
Licenses/Permits $0 $0 $0
Fines/Forfeitures $0 $0 $0
Use of Money/Property $0 $371 $7,779
Intergovernmental/State $0 $0 $0
Intergovernmental/County $0 $0 $0
Intergovernmental/Federal $0 $0 $0
Current Service Charges $0 $0 $0
Other Revenue $0 $0 $0
TOTAL ESTIMATED REVENUE $0 $371 $7,779
INTERFUND TRANSFERS IN $0 $0 $0
ESTIMATED FUNDS AVAILABLE $0 $371 $7,779
ACTUAL FUND BALANCE
7/1/08 ($65,520)$9,659 $200,317
TOTAL FUNDS AVAILABLE ($65,520)$10,030 $208,096
APPROPRIATIONS
Operating Budget $0 $0 $0
Capital Outlay $0 $0 $0
Capital Improvements $0 $0 $157,086
TOTAL APPROPRIATIONS $0 $0 $157,086
INTERFUND TRANSFERS OUT $0 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $0 $0 $157,086
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 ($65,520)$10,030 $51,010
Available Fund Balance 6/30/09 ($65,520)$10,030 $51,010
1 Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
39
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
BEACH DRIVE PROSPECT BAYVIEW DRIVE
UTILITY UTILITY ASSESSMENT
UNDERGROUNDING UNDERGROUNDING DISTRICT
DISTRICT IMPROVEMENT DISTRICT IMPROVEMENT REDEMPTION
FUND FUND FUND
311 312 609
ESTIMATED REVENUE
Taxes $0 $0 $0
Licenses/Permits $0 $0 $0
Fines/Forfeitures $0 $0 $0
Use of Money/Property $3,470 $0 $989
Intergovernmental/State $0 $0 $0
Intergovernmental/County $0 $0 $0
Intergovernmental/Federal $0 $0 $0
Current Service Charges $0 $0 $0
Other Revenue $0 $0 $0
TOTAL ESTIMATED REVENUE $3,470 $0 $989
INTERFUND TRANSFERS IN $0 $0 $0
ESTIMATED FUNDS AVAILABLE $3,470 $0 $989
ACTUAL FUND BALANCE
7/1/08 $89,665 ($200,000) $9,855
TOTAL FUNDS AVAILABLE $93,135 ($200,000) $10,844
APPROPRIATIONS
Operating Budget $0 $0 $0
Capital Outlay $0 $0 $0
Capital Improvements $0 $0 $0
TOTAL APPROPRIATIONS $0 $0 $0
INTERFUND TRANSFERS OUT $0 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $0 $0 $0
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 $93,135 ($200,000)$10,844
Available Fund Balance 6/30/09 $93,135 ($200,000)$10,844
1 Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
40
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
BEACH DRIVE BEACH DRIVE
LOWER PIER ASSESSMENT ASSESSMENT
DISTRICT DISTRICT DISTRICT
REDEMPTION REDEMPTION RESERVE
FUND FUND FUND
610 611 612
ESTIMATED REVENUE
Taxes $0 $0 $0
Licenses/Permits $0 $0 $0
Fines/Forfeitures $0 $0 $0
Use of Money/Property $755 $404 $143
Intergovernmental/State $0 $0 $0
Intergovernmental/County $0 $0 $0
Intergovernmental/Federal $0 $0 $0
Current Service Charges $0 $0 $0
Other Revenue $0 $0 $0
TOTAL ESTIMATED REVENUE $755 $404 $143
INTERFUND TRANSFERS IN $0 $0 $0
ESTIMATED FUNDS AVAILABLE $755 $404 $143
ACTUAL FUND BALANCE
7/1/08 $9,428 $2,506 $745
TOTAL FUNDS AVAILABLE $10,183 $2,910 $888
APPROPRIATIONS
Operating Budget $0 $0 $0
Capital Outlay $0 $0 $0
Capital Improvements $0 $0 $0
TOTAL APPROPRIATIONS $0 $0 $0
INTERFUND TRANSFERS OUT $0 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $0 $0 $0
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 $10,183 $2,910 $888
Available Fund Balance 6/30/09 $10,183 $2,910 $888
1 Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
41
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
MYRTLE LOMA BAYVIEW
AVENUE DRIVE DRIVE
ASSESSMENT ASSESSMENT RESERVE
FUND FUND FUND
617 618 619
ESTIMATED REVENUE
Taxes $0 $0 $0
Licenses/Permits $0 $0 $0
Fines/Forfeitures $0 $0 $0
Use of Money/Property $1,904 $1,913 $478
Intergovernmental/State $0 $0 $0
Intergovernmental/County $0 $0 $0
Intergovernmental/Federal $0 $0 $0
Current Service Charges $0 $0 $0
Other Revenue $0 $0 $0
TOTAL ESTIMATED REVENUE $1,904 $1,913 $478
INTERFUND TRANSFERS IN $0 $0 $0
ESTIMATED FUNDS AVAILABLE $1,904 $1,913 $478
ACTUAL FUND BALANCE
7/1/08 $27,032 $98,668 $2,290
TOTAL FUNDS AVAILABLE $28,936 $100,581 $2,768
APPROPRIATIONS
Operating Budget $0 $0 $0
Capital Outlay $0 $0 $0
Capital Improvements $0 $0 $0
TOTAL APPROPRIATIONS $0 $0 $0
INTERFUND TRANSFERS OUT $0 $0 $0
TOTAL APPROPRIATIONS/TRANSFERS OUT $0 $0 $0
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1
ESTIMATED FUND BALANCE 6/30/09 $28,936 $100,581 $2,768
Available Fund Balance 6/30/09 $28,936 $100,581 $2,768
1 Reflects increase to fund balance for fixed asset purchases 1
in Enterprise/Internal Service Funds.
42
CITY OF HERMOSA BEACH BUDGET SUMMARY
2008-09 MIDYEAR REVIEW
EQUIPMENT
INSURANCE REPLACEMENT TOTAL
FUND FUND (MEMORANDUM
705 715 ONLY)
ESTIMATED REVENUE
Taxes $0 $0 $21,142,725
Licenses/Permits $0 $0 $796,746
Fines/Forfeitures $0 $0 $2,092,893
Use of Money/Property $0 $0 $1,542,357
Intergovernmental/State $0 $0 $1,443,025
Intergovernmental/County $0 $0 $389,945
Intergovernmental/Federal $0 $0 $883,263
Current Service Charges $2,150,866 $1,443,660 $8,482,819
Other Revenue $36,726 $8,000 $440,606
TOTAL ESTIMATED REVENUE $2,187,592 $1,451,660 $37,214,379
INTERFUND TRANSFERS IN $909,404 $8,994 $2,702,774
ESTIMATED FUNDS AVAILABLE $3,096,996 $1,460,654 $39,917,153
ACTUAL FUND BALANCE
7/1/08 $52,080 $5,902,041 $28,217,016
TOTAL FUNDS AVAILABLE $3,149,076 $7,362,695 $68,134,169
APPROPRIATIONS
Operating Budget $2,594,120 $1,371,805 $34,391,246
Capital Outlay $0 $403,640 $586,186
Capital Improvements $0 $1,019,006 $8,154,431
TOTAL APPROPRIATIONS $2,594,120 $2,794,451 $43,131,863
INTERFUND TRANSFERS OUT $0 $100,000 $2,702,774
TOTAL APPROPRIATIONS/TRANSFERS OUT $2,594,120 $2,894,451 $45,834,637
ADJUST FUND BALANCE FOR
FIXED ASSET ADDITIONS 1 $1,178,877 $1,178,877
ESTIMATED FUND BALANCE 6/30/09 $554,956 $5,647,121 (f)$23,478,409
(f) Investment In
Fixed Assets
$4,279,250
Storage Lot Loan (reduced by lease revenue)($554,956)($554,957)
Available Fund Balance 6/30/09 $0 $812,914 $8,351,001
Reflects increase to fund balance for fixed asset purchases
in Enterprise/Internal Service Funds.
43