Loading...
HomeMy WebLinkAbout02/14/12 1 “Love is a game that two can play and both win.” - Eva Gabor AGENDA HERMOSA BEACH CITY COUNCIL Tuesday, February 14, 2012 - Council Chambers, City Hall 1315 Valley Drive 6:00 p.m. - CLOSED SESSION: See attached Closed Session Agenda 7:00 p.m. - REGULAR MEETING MAYOR Howard Fishman CITY CLERK Elaine Doerfling MAYOR PRO TEM Jeff Duclos CITY TREASURER David Cohn COUNCIL MEMBERS Patrick ‘Kit’ Bobko Michael DiVirgilio Peter Tucker CITY MANAGER Stephen R. Burrell CITY ATTORNEY Michael Jenkins All council meetings are open to the public. PLEASE ATTEND. 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. Your participation in this meeting is in the public domain. Meetings are both cablecast and streamed live over the Internet. Minutes of this meeting will reflect your participation in this meeting and are posted on the city’s website 2 CALL TO ORDER PLEDGE OF ALLEGIANCE ROLL CALL 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. (a) Recommendation to approve the following minutes: 1) Minutes of the Regular meeting held on January 10, 2012 and, 2) Minutes of the Regular meeting held on January 24, 2012. (b) Recommendation to ratify check register. 3 (c) Recommendation to receive and file 1) Tentative Future Agenda Items; and, 2) City Council Directives (d) Recommendation to receive and file the December 2011 Revenue and expenditure reports. Memorandum from Finance Director Viki Copeland dated February 6, 2012. (e) Recommendation to receive and file the action minutes of the Public Works Commission meeting of January 18, 2012. (f) Recommendation to deny the following claim and refer it to the City’s Liability Claims Administrator. Memorandum from City Manager Stephen Burrell dated February 1, 2012. Claimant: Reiss, Robert Date of Loss: 09-17-11 Date Filed: 01-30-12 Allegation: Personal injury (g) Recommendation to receive and file the action minutes of the Emergency Preparedness Advisory Commission meeting of November 7, 2011. (h) Recommendation to approve a request from Hermosa Beach Art Walk to allow two mobile food service trucks at the Art Walk event on June 9 & 10, 2012 from 11:00am to 4:00pm. Memorandum from City Manager Stephen Burrell dated February 8, 2012. (i) Recommendation to adopt resolution implementing the City Council meeting procedures ordinance. Memorandum from City Manager Stephen Burrell dated February 9, 2012. (j) Recommendation to approve attendance of Mayor Pro Tem Duclos to the Local Government Commission annual meeting on March 15-18, 2012. Memorandum from City Manager Stephen Burrell dated February 8, 2012. 3. CONSENT ORDINANCES NONE 4. ITEMS REMOVED FROM THE CONSENT CALENDAR FOR SEPARATE DISCUSSION Public comments on items removed from the Consent Calendar. 4 5. PUBLIC HEARINGS - TO COMMENCE AT 7:30 P.M. a. CONTINUED PUBLIC HEARING TO CONSIDER AMENDMENT TO SOUTH PARK MASTER PLAN TO ALLOW A SPACE FOR A COMMUNITY GARDEN LOCATED IN THE NORTHEAST CORNER OF THE PARK. Continued from meeting of December 13, 2011. Memorandum from City Manager Stephen Burrell dated February 9, 2012. RECOMMENDATION: That the City Council conduct a Public Hearing, review additional information provided that was requested at the 12/13/11 meeting and consider any input from the public; and, that the City Council consider the recommendations including the several conditions of the Parks, Recreation and Community Resources Advisory Commission to approve the amendment allowing construction of a Community Garden in South Park. 6. MUNICIPAL MATTERS a. MIDYEAR BUDGET REVIEW 2011-12. Memorandum from Finance Director Viki Copeland dated January 24, 2012 RECOMMENDATION: Approve the revisions to estimated revenue, appropriations, budget transfers and fund balances as shown in the Revenue Detail Report and Budget Summary and approve resolution to “commit” Contingency, Retirement Rate Stabilization and CDBG Exchange Funds as part of the General Fund Balance and authorize the Finance Director to determine and use amounts in the “assigned” category. b. RECOMMENDATION OF THE PARKS, RECREATION AND COMMUNITY RESOURCES ADVISORY COMMISSION CHANGING THE EXISTING CITY REGULATIONS TO ALLOW FOOD TRUCKS IN CERTAIN LOCATIONS. Memorandum from City Manager Stephen Burrell dated February 8, 2012. RECOMMENDATION: That the City Council receive and discuss the recommendation of the Parks, Recreation and Community Resources Advisory Commission suggesting a simple permit process to allow food trucks in certain areas of the City and direct staff to return with a plan to implement the recommended changes. c. CONSIDERATION OF PLANNING COMMISSION RECOMMENDATIONS FOR IMPROVING THE EMPLOYEE PARKING PERMIT PROGRAM, WHICH GENERALLY APPLIES TO BUSINESSES ON HERMOSA AND PIER AVENUES, TO BETTER MANAGE THE PERMIT PROCESS AND THE EFFICIENT USE OF PARKING. Memorandum from Community Development Director Ken Robertson dated February 7, 2012. RECOMMENDATION: Consider directing staff to implement the Planning Commission’s recommendations to revise the employee permit program as follows: (1) Employee permits should be issued for a period of six months; (2) Only one permit may be purchased per employee; (3) Employee permits should be distinguishable from other types of permits; (4) The City should send employee permit renewal notices to businesses and the business owner must verify the continuing employment of each employee prior to permit renewal. 5 7. MISCELLANEOUS ITEMS AND REPORTS - CITY MANAGER a. GOALS MEETING – SWITCH TO AN EVENING MEETING. Memorandum from City Manager Stephen Burrell dated February 8, 2012. RECOMMENDATION: Select a meeting date and time. 8. MISCELLANEOUS ITEMS AND REPORTS - CITY COUNCIL a. CALIFORNIA CANCER RESEARCH ACT – JUNE 2012 BALLOT. Memorandum from City Manager Stephen Burrell dated January 26, 2012. RECOMMENDATION: That the City Council consider whether or not it wishes to take a position on the initiative on the June 2012 ballot. b. APPOINTMENT OF AD HOC CITY COUNCIL COMMITTEE TO REVIEW THE PROPOSALS AND PROVIDE A RECOMMENDATION ON AN EXECUTIVE SEARCH FIRM TO ASSIST IN THE RECRUITMENT OF THE CITY MANAGER POSITION. Memorandum from City Manager Stephen Burrell dated February 9, 2012. RECOMMENDATION: That the City Council appoint an ad hoc committee to review the proposals received and make a recommendation on the selection of an executive search firm to perform the recruitment for the City Manager position. 9. OTHER MATTERS - CITY COUNCIL Requests from Council 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 Tem Duclos that the City Council consider forming a Finance Committee composed of two councilmembers and the City Treasurer. ADJOURNMENT 6 AGENDA CLOSED SESSION MEETING HERMOSA BEACH CITY COUNCIL Tuesday, February 14, 2012 - Council Chambers, City Hall 1315 Valley Drive 6:00 p.m. The City Council finds, based on advice from legal counsel, that discussion in open session will prejudice the position of the 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: Approval of minutes of Closed Session meeting held on January 24, 2012. 3. CONFERENCE WITH LEGAL COUNSEL The City Council finds, 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) Name of Case: Macpherson v. City of Hermosa Beach Case Number: BC172546 4 PUBLIC EMPLOYEE APPOINTMENT Government Code Section 54957 Title: Interim City Manager 5 PUBLIC EMPLOYEE APPOINTMENT Government Code Section 54957 Title: City Manager ADJOURNMENT PUBLIC WORKS COMMISSION MEETING OF WEDNESDAY, JANUARY 18, 2012 CITY HALL, COUNCIL CHAMBERS 1315 VALLEY DRIVE 7:00 P.M. ACTION MINUTES 1. Call to Order The meeting was called to order at 7:02 pm. 2. Flag Salute The flag salute was led by member of the audience. 3. Roll Call Present: Katz, MacMullan, Brittain, Flaherty, Marinelli Absent: None. Also Present: Frank Senteno, Director of Public Works/City Engineer; Ells Freeman, Public Works Superintendent; Liz Zeigler, Administrative Assistant. 4. Approval of Minutes: November 16, 2011 Action: Motion by Marinelli to receive and approve both sets of minutes as written, seconded by Brittain, motion passed 5-0. 5. Public Comment: Anyone wishing to address the Commission on items not on the agenda and pertaining to Public Works may do so at this time. None. 6. Correspondence No items were received for this meeting. 7. Items for Consideration a. Request for Tree Removal/Streetlight Relocation at 45 16th Street Mr. Senteno presented staff report and notified Commission that residents were noticed in December, but that some residents were inadvertently missed and not noticed. However, these residents were noticed on January 18th, 2012. Mr. Senteno recommended proceeding with the decision and noticing residents of the decision and giving them a timeframe to respond. Chair Marinelli agreed. Chair Marinelli opened the floor to public comment. Michael Lee, an architect, representing property owners Ed Kushins and Terry Hamilton, came forward to answer questions. Flaherty asked for the general plan of the landscape work on right of way and private area. Mr. Lee said the proposal includes installing a wall similar to the wall of the neighbors and putting in planting behind it and adding a fence. Flaherty asked for clarification of the street light move. Mr. Lee stated the street light would be moved to the southeast corner of the property owner’s usable patio area 2 which is actually City property, but the owners have a right to use it. Flaherty stated that removal of tree involves two utilities that will be damaged and require coordination and negotiation with the City. Chair Marinelli thanked Mr. Lee for taking time to answer questions. Chair Marinelli opened the floor to discussion. Katz agreed with tree removal, but asked whether the owner is willing to pay for the removal of the tree. Mr. Senteno stated yes. Flaherty stated the removal of the tree is strictly to prevent further damage to property by the tree. Flaherty stated that the electrical work is the responsibility of the City and suggested that water system be abandoned and meter be removed. Flaherty noted that the removal of the tree and the change in street light position will affect the neighbors. Brittain agrees with the tree removal. MacMullan asked Mr. Senteno if households not noticed were adjacent to the property in question. Mr. Senteno said yes, but recommended proceeding with a decision and a second notice. Relocation of light would proceed if residents did not object. Brittain motioned to remove the tree, MacMullan seconded. Brittain amended motion to state that the removal of the tree is at owner’s expense, MacMullan seconded, motion passed 5-0. Flaherty motioned that staff negotiate with the property owners regarding the relocation of the street light, taking into account the response received from the neighbors. Katz seconded and the motion passed 5-0. 8. Presentations Leadership Hermosa cancelled. Brittain reported as mentor. Brittain stated that Leadership Hermosa is still in research mode. 9. Commissioners’ Reports PCH/Aviation Committee – MacMullan reported that she attended the meeting on January 5th and that the PCH/Aviation meeting schedule for 2012 was approved as follows: March 1st May 3rd July 5th Sep 6th Nov 1st MacMullan stated that the PCH/Aviation committee received a report on proposals received for the Conceptual Plan for PCH/Aviation Improvement. Proposals range from $65K to $120K. MacMullan asked that Flaherty follow up with the PCH/Aviation subcommittee and he agreed. Mr. Senteno indicated that interviews are projected to take place in February with a panel comprised of himself, Ken Robertson, George Barks, Dean Nota. The selection of a contractor is estimated to be completed before the next Public Works meeting. Katz reported on bicycle corral locations. Katz informed the Commission that Birdie Friedman and George Brent, residents of Hermosa Beach, have been recruited to be part of the Bike Corral Subcommittee. The subcommittee scouted and photographed locations in the City suitable for bike corrals. Possible locations include: Corner of Pier Avenue and Valley Drive, in front of library; Corner of Pier Avenue and Hermosa Avenue, southeast corner; Corner of Hermosa Avenue, in front of Starbucks Katz reported that the subcommittee is looking for funding, possibly from the merchants. Brittain asked if bike racks would be on street. Katz stated the racks would be on the street surrounded by planters. Marinelli and Brittain asked staff if locations at red zones involve restrictions. Mr. Senteno noted some locations may involve catch basins and that some red zones are marked as such for access and maintenance of catch basin. Mr. Senteno also noted that there may be some U-turn concerns. Flaherty suggested that the Downtown Parking Structure and the Greenbelt may serve as possible locations for the bike corrals. 3 The Commission agreed to have the Bike Corral Subcommittee present a report at the March Public Works Commission meeting. 10. Monthly Reports a. Monthly Activity Report – October 2011 and November 2011 b. Project Status Reports – October 2011 and November 2011 c. Verbal Capital Improvement Report by Mr. Senteno Mr. Senteno reported the following: Valley School project for pedestrian improvements - The contractor mobilized during the winter break and completed all the concrete driveway work. Contractor is waiting for receipt of materials in one to two weeks and then will complete work that is expected to last no more than five days. Beach restrooms - City has been advised by the contractor that completion is estimated for the end of January. Contractor has repaired and extended one of the storm drain outfalls. Street and sewer repairs - staff has begun to prepare preliminary list of street repairs and then will begin on sewers. PCH/Aviation – the City received nine proposals and a committee will conduct interviews next month. Aviation Feasibility Plan - a consultant has been selected, Nelson/Nygaard from San Francisco, specialized in pedestrian/bike projects. The first deliverables are required in mid-February and will be submitted to Council at the end of February. A community meeting in early February to get public input is planned. South Park – The City received a grant from Los Angeles County for the South Park Master Plan for $150,000. The grant will fund the demolition of the hockey rink and replace it with playground equipment and upgrade other equipment. Brittain asked if grant covers the cost of playground equipment. Mr. Senteno responded in the affirmative. Flaherty asked about the Community Garden location at South Park. Mr. Senteno said he will research the impact on the garden location. Community Center/Theater - Brittain asked about the lights and electrical repairs at the Theater in light of the news that James Blackman is withdrawing from the Theater. Mr. Senteno stated the plan for the Community Center includes electrical improvements combined with the Clark Field upgrade to the announcer’s booth and installation of electrical vehicle chargers on Pier Avenue. Trash enclosures – The City eliminated the trash enclosure at the Lot B and consolidated into Lot A. Consolidated steam cleans the enclosure and it is an improvement. Consolidated has been asked to prepare a report on the pilot porter program. Staff is preparing an RFP for the design of a trash enclosure and an RFP for a new trash hauler service. The language from the trash hauler RFP along with the information obtained from the pilot porter service program will be incorporated in the trash enclosure RFP. Mr. Senteno reported that Council is also considering using the site of the Lot B enclosure for restrooms. City Yard - City Yard project is not on schedule and staff changes are expected that will be reflected in the next report. 11. Commissioners’ Announcements Brittain announced: Kawanis Club is holding a Toy Drive, March 3rd, March 17th – Saint Patrick’s Day Parade, January 28th - Hazardous Waste Roundup MacMullan and Katz - no announcements Marinelli announced the next Public Works Commission meeting will be on March 21st, 2012. 12. Adjournment at 8:20 pm. Page 1 of 3 MINUTES HERMOSA BEACH EMERGENCY PREPAREDNESS ADVISORY COMMISSION MONDAY, NOVEMBER 7, 2011 – 7:00 P.M. COUNCIL CHAMBERS, CITY HALL 1315 VALLEY DRIVE CALL TO ORDER 7:00 p.m. (no audio) PLEDGE OF ALLEGIANCE (no audio) ROLL CALL George Schmeltzer, William Hallett, Carol Russell, Tracy Hopkins, Ken Hartley, Alan Benson, Gila Katz STAFF: Greg Savelli, Police Chief; David Lantzer, Fire Chief ANNOUNCEMENTS Commissioner Hopkins: A National Emergency Alert System will be activated on all radio and TV stations November 9, 2011 at 11:00 a.m. PST. Commissioner Katz: Suggested everyone check batteries in smoke detectors and all other detectors to make sure they are working properly. PUBLIC PARTICIPATION None 1. APPROVAL OF MINUTES FROM THE MEETING OF SEPTEMBER 19, 2011. Motion to approve the minutes from September 19, 2011 EPAC meeting: Commissioner Schmeltzer, seconded by Commissioner Hartley Vote: 7-0 2. MONTHLY E-NEWSLETTER ARTICLE - TIP OF THE MONTH. The following e-Newsletters will be posted on the City’s website: a. CLEAN YOUR RAIN GUTTERS - COMMISSIONER HALLETT Page 2 of 3 b. PREPARE FOR YOUR PETS TOO - COMMISSIONER KATZ 3. BUSINESS EMERGENCY PREPAREDNESS PROGRAM UPDATE. Report from subcommittee of Commissioners Russell, Hartley and Benson. Commissioner Russell provided a multi-page draft of the beginning plan for the Business Continuity and Disaster Preparedness Program. The goal is to have a set of documents and a plan for local businesses, provided in hardcopy and electronically, as well posted on the website. 4. REPORT ON THE GREAT CALIFORNIA SHAKE OUT HELD ON OCTOBER 20, 2011. Commissioner Hopkins stated there were more than 8.6 million participants involved in this year’s Great California Shakeout drill, and approximately 900,000 participated in additional shakeout drills. The 2012 Great California Shakeout will be held October 18, 2012 at 10:18 a.m. 5. REPORT ON THE DISASTER SERVICE WORKER VOLUNTEER PROGRAM (DSWVP) RECRUITMENT HELD ON OCTOBER 15, 2011. Oral report from Fire Chief David Lantzer. Chief Lantzer advised that the Hermosa Beach CERT conducted a registration drive on October 15, 2011 from 9:00 a.m.-12:00 p.m. The objective of this exercise was to get CERT members used to handling disaster service worker registration forms and to begin building a database of Hermosa Beach residents having skills that would be helpful in a disaster situation. Approximately 30 individuals were registered. There are currently 15-20 people who are registered Disaster Service Workers with the City of Hermosa Beach. Another recruitment exercise is being planned at a date to be determined. 6. REPORT AND DISCUSSION ON THE AUTOMATIC EXTERNAL DEFIBRILLATOR (AED) PROGRAM. Oral report from Fire Chief David Lantzer. Chief Lantzer stated Commissioner Hartley has done a lot of work in getting the AED’s purchased. The AED program will be managed by Torrance Memorial. An Agreement between the City and Torrance Memorial is being reviewed with a few potential adjustments to the requirements. A total of 10 AED’s will be purchased and installed in various places in Hermosa Beach. 7. HERMOSA BEACH AMATEUR RADIO ASSOCIATION (HBARA) REPORT AND EMERGENCY OPERATIONS CENTER (EOC) UPDATE. - Oral report from Commissioner Hartley, Founder HBARA. Commissioner Hartley advised the HAM club will be replacing an antenna that’s not functioning properly. A meeting will be taking place with Chief Lantzer and Lt. Thompson to go over progress made so far at the EOC and what remains to be completed. Some work needs to be done with the electrical panel. Both Hermosa schools have HAM radios, two teachers are now licensed and there is one handheld radio at each school. A number of drills will be taking place to get the teachers comfortable using the radios. Page 3 of 3 8. a. POLICE CHIEF REPORT Chief Savelli provided suggestions for preparing for colder weather and the importance of checking on the elderly and shut-ins, as well as how to properly deal with the homeless; such as providing them with coats and shoes, rather than giving them cash. He advised clothing and monetary donations can also be made to local churches and the Salvation Army, which would benefit the homeless as well. b. FIRE CHIEF REPORT Chief Lantzer reminded everyone to change the batteries in their smoke detectors and check fire extinguishers. He also discussed safety issues relating to the holidays which included safety tips for holiday cooking. 1) CODE RED UPDATE Code Red—the current total phone numbers in the database decreased by approximately 600 due to the recent clean up of numbers out-of-service. There are currently 67 business numbers registered and a total of 13,685 phone numbers. 9. COMMISSION MEMBER REQUESTS FOR FUTURE AGENDA ITEMS. Commissioner Hartley: Emergency routes, Emergency preparedness kit campaign with local grocery stores Commissioner Katz: Core skills refresher for EPAC members Commissioner Russell: Review of website content, recurring preparedness program Commissioner Hopkins: Preparations for the next disaster preparedness Survey 10. ADJOURNMENT TO MEETING OF JANUARY 23, 2012. Motion to adjourn to the meeting of January 23, 2012: Commissioner Schmeltzer, seconded by Commissioner Hallett Vote: 7-0 January 24, 2012 Honorable Mayor and Members of City Council Meeting of The Hermosa Beach City Council February 14, 2012 MIDYEAR BUDGET REVIEW 2011-12 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 Detail Report and Budget Summary. 2. Approve the attached resolution to “commit” Contingency, Retirement Rate Stabilization and CDBG Exchange Funds as part of the General Fund Balance and authorize the Finance Director to determine and use amounts in the “assigned” category. 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 As reported in January with the Comprehensive Annual Financial Report (CAFR) for 2010-11, the revenue picture at the end of the year was slightly improved with revenue up 1% overall. Now we are able to report an increase in revenue estimates of 4%, which suggests the trend may be sustainable. As a result of all midyear changes, we will be able to transfer $722,073 to the Insurance Fund to provide funds for legal costs. With the $750,000 already budgeted, this will bring the total to $1.4 million for the trial. We are also in the midst of offering a second round of two year retirement incentives. Staff will be reporting back after the window period closes on 3/31/12 with the number of employees who took advantage of the offer. No estimate is factored into the budget at this point. GASB 54 The CAFR also outlined a change in the financial statements due to Governmental Accounting Standards Board (GASB) Statement 54, Fund Balance Reporting and Governmental Type Definitions, which also affects how we present the budget. The primary impact of this statement is that the Contingency Fund, Retirement Stabilization Fund and Compensated Absences Fund will now be transferred to the General Fund and shown in the fund balance section under the “assigned” category. This new presentation may be seen on the first page of the Budget Summary, at the bottom. (page 12). The definitions for classifications of fund balance we are using are as follows: Restricted fund balances are the portion of fund balance that have externally enforceable limitations on their usage through legislation or limitations imposed by creditors, grantors, laws and regulations of other governments or enabling legislation. Committed fund balances are self-imposed limitations by the highest level of decision-making authority, namely the City Council, prior to the end of the reporting period. City Council approval is required to commit resources or to rescind the commitment. 1 Assigned fund balances are limitations imposed by management based on the intended use of the funds. Modifications or rescissions of the constraints can be removed by the same type of action that limited the use of the funds. Resolution The attached resolution is necessary to “commit” Contingency, Retirement Rate Stabilization and CDBG Exchange Funds to that category of fund balance in the General Fund. Funds may only be removed by the City Council, (as is the case currently). The resolution also designates the Finance Director as the authorized party to determine amounts and use funds in the “assigned” category. An example of an “assigned” amount would be calculation of the amount for the portion of the sales tax which is not received until seven months after fiscal year end due to state actions. This is not a change to the current practice. DEC Fund In the original budget, we mentioned that we would be combining the DEC Fund with the General Fund since a separate fund is not required and the funds are not restricted. Because of the number of transactions in this fund, we will be closing the fund at year end and transferring the balance (estimated to be $536,652 at this time) to the General Fund. Since funds were available in the DEC Fund, an extra payment ($189,619) on the loan relating to the storage lot property was made to complete the payback to the Contingency Fund before it was moved to the General Fund with the remainder used to pay down the Insurance Fund and Equipment Replacement Fund balances. REVENUE (Note: Refer to the more detailed Revenue Detail Report behind the agenda item for individual revenue accounts.) The overall change in the General Fund revenue estimate is an increase of $990,132 or approximately 4%. This is a positive indication that our local economy is indeed recovering, albeit slowly. The following charts show the trends for the largest tax revenue sources. 2011-12 Midyear Revenue by Category 2011-12 2011-12 Increase % General Fund Revised Budget Midyear Revision (Decrease)Change Property Taxes 11,506,175 11,715,322 209,147 1.82% Sales Taxes 2,256,800 2,361,293 104,493 4.63% Utility User's Tax 2,564,399 2,494,019 (70,380) -2.74% Transient Occupancy Tax 1,659,802 1,765,457 105,655 6.37% Other Taxes 1,813,320 1,821,280 7,960 0.44% Licenses and Permits 642,005 672,157 30,152 4.70% Fines & Forfeitures 2,112,044 2,377,220 265,176 12.56% Use of Money & Property 318,391 457,966 139,575 43.84% Intergovernmental/State 194,073 126,839 (67,234) -34.64% Current Service Charges 3,844,651 4,044,934 200,283 5.21% Other Revenue 63,529 128,834 65,305 102.80% Total 26,975,189 27,965,321 990,132 3.67% TAXES Property Tax The estimate for secured property tax revenue is adjusted up by 2%. Our estimate was +1% over 2010-11; receipts for 2010-11 came in 1% higher than projected. Growth for the prior five 2 years was 2%, 4%, 7%, 12% and 16%, respectively. Hermosa Beach has been fortunate to have positive growth throughout the recession, whereas many cities had serious declines. Secured Property Tax 2000 - 2012 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 1999-002000-012001-022002-03 2003-04 2004-05 2005-062006-07 2007-082008-092009-102010-11 2011-12 Est Sales Tax Sales tax revenue is up 11% for the first half, which is very good news. The new estimate is conservatively 7% over 2010-11. As reported in the CAFR, sales tax for 2010-11 grew by 5%. As shown in the graph below, the 2011-12 estimate is consistent with sales tax received in 2008-09. The two highest categories, Eating/Drinking Places and Other Retail increased by approximately 4% and 20%, respectively, for the first half. The Other Retail increase is related to the addition of a surf shop and an annual payment by a new computer product design business. Service Stations show a remarkable but not surprising increase of 70%. Auto Dealers and Supplies is now #6 with the loss of the BMW pre-owned dealer. 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. Sales Tax 2000 - 2012 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 1999-002000-012001-022002-03 2003-04 2004-05 2005-062006-07 2007-082008-092009-102010-11 2011-12 Est $2,390,658 2008-09 $2,361,293 11-12 Est 3 The following charts compare 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 2010-11 to 2011-12 Top Ten Categories RANK/BUSINESS CLASS* Sales Tax 2011-12 Inc./ (Dec.) % of Change Prev. Yr. Percent of Total 1. EATING/DRINKING PLACES 462,225 $18,974 4.28% 42.99% 2. OTHER RETAIL STORES 186,127 $30,822 19.85% 17.31% 3. FOOD STORES 93,935 $6,695 7.67% 8.74% 4. SERVICE STATIONS * * 69.30% * 5. BUILDING MATERIALS 58,252 $5,603 10.64% 5.42% 6. AUTO DEALERS AND SUPPLIES 49,166 ($35,936) -42.23% 4.57% 7. APPAREL STORES 34,987 $16,334 87.57% 3.25% 8. DRUG STORES * * 9.83% * 9. FURNITURE / APPLIANCE 33,257 $2,463 8.00% 3.09% 10. BUSINESS, SERVICE, REPAIR 32,025 ($5,976) -15.73% 2.98% *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 % OF LOCATION 2010-11 Total % Chg 2011-12 Total PCH 381,322 43%-1% 379,268 42% Downtown 349,499 41% 13%393,288 42% Pier/Valley/Monterey 108,829 12% 5%114,165 12% Aviation 38,660 4% 2%39,371 4% PCH 42% Downtown 42% Pier/Valley/ Monterey 12% Aviation 4% 2011-12 MIDYEAR SALES TAX BY GEOGRAPHIC AREA 4 Transient Occupancy Tax Transient Occupancy Tax (TOT) is almost 10% up compared to the first half of last year (July-November receipts). As reported in the CAFR, receipts for last year were up 8%. Overall occupancy for the first half is 80% compared to 73% for the first half of last year. Occupancy for Los Angeles County and the South Bay is 78% and 77%, respectively. Receipts are consistent with the 2006-07 fiscal year. Transient Occupancy Tax 2000 - 2012 0 500,000 1,000,000 1,500,000 2,000,000 1999-002000-012001-022002-03 2003-04 2004-05 2005-062006-07 2007-082008-092009-102010-11 2011-12 Est Utility User Tax Utility User Tax (UUT) revenue is being revised down 3% from the original budget. Receipts for the first half are down 1%. The new estimate is 1% less than 2010-11 receipts. As reported in the CAFR, receipts for last year were down 2%. Receipts from cellular services are down 7% due to the change by AT&T in taxation of their “bundled services”. Utility User Tax 2000 - 2012 0500,0001,000,0001,500,0002,000,0002,500,0003,000,000 1999-002000-012001-022002-03 2003-042004-05 2005-062006-07 2007-082008-092009-102010-11 2011-12 Est The most significant changes within each revenue category are discussed below. Licenses and Permits The estimate for Licenses and Permits is up approximately 5% due to fee increases enacted in September. Fee increases that were more than 50% are phased over a two year period with $1,769,016 06-07 $1,765,457 11-12 Est $2,494,019 11-12 Est 5 half occurring in 2011-12 and half next fiscal year 2012-13. Actual receipts for electric permits appear higher but due to a misunderstanding of the calculations of new fee amounts, refunds will be generated that will reduce the revenue. Fines and Forfeitures Estimated Fines and Forfeitures are up due to a 14% increase in revenue from parking fines. Two officers were added and enforcement was extended to 12:00 midnight, in addition to beginning enforcement in Lot A and the parking structure, which previously had attended parking. Use of Money and Property This category is up due to added events and programs at the Community Center and because the renovations to the Community Center facilities are now complete. Almost $40,000 in interest was added due to the move of Contingency, Retirement Stabilization and Compensated Absences Funds to the General Fund. This is not an overall increase; just the interest moving between funds for the first half. Intergovernmental/State As part of the State’s budget balancing in June, the Legislature shifted the vehicle license fee allocation that went to cities to fund law enforcement grants. This loss amounts to approximately $57,000. Current Service Charges The estimate for service charges is up approximately 5% due to fee increases enacted in September. Fee increases that were more than 50% are phased over a two year period with half occurring in 2011-12 and half next fiscal year 2012-13. Other Revenue The increase in Other Revenue is primarily due to reimbursements for DUI task forces and funds received from our health insurance carrier through their program to limit their income to 2% of revenue collected. We received a credit of almost $44,000. ADDITIONAL APPROPRIATIONS The following additional appropriations are requested: GENERAL FUND (001) City Attorney Contract Services/Private $150,000 Additional cost for litigation. Fire Department Contract Services/Private $4,378 Repairs and service required for vehicle exhaust system were not budgeted. Police Travel Expense, POST $10,000 POST reimbursable mandated training due to anticipated retirements and job reassignments (offset by revenue increase). 6 GENERAL FUND (001) continued Police Travel Expense, STC $1,448 STC reimbursable approved core training (offset by revenue increase). Conference/Training $5,000 Additional funds required to cover Non-POST reimbursable portion of training required for CPR recertification for all uniformed personnel, emergency vehicle training for all officers, tuition unknown for the original budget and training required due to job reassignments resulting from anticipated retirements. Community Services Division Contract Services/Private $1,365 Revise estimate for credit card processing for Pay-By-Space meters based on activity which is higher than anticipated. TOTAL GENERAL FUND $172,191 DOWNTOWN ENHANCEMENT FUND (109) Public Works North Pier Parking Structure Division Contract Services/Private $7,594 Emergency repair of parking structure elevator door was not budgeted. $18,070 Revise estimate for credit card processing for Pay-By-Space meters based on activity which is higher than anticipated. Lot A Contract Services/Private $8,493 Revise estimate for credit card processing for Pay-By-Space meters based on activity which is higher than anticipated. County Share of Parking Structure Revenue Contract Services/Government $14,043 Adjust County share of Parking Structure revenue to reflect Midyear changes. 7 TOTAL DOWNTOWN ENHANCEMENT FUND $48,200 PROP A OPEN SPACE FUND (121) Public Works CIP 537 South Park Phase I Improvements Contract Services/Private $150,000 New grant from Los Angeles County Regional Park and Open Space District for South Park Phase I Improvements was received after budget was approved. CIP 652 Pier Structural Repairs FY 12 Contract Services/Private ($7,600) Adjust appropriation to correct amount from the maintenance allocation for Pier Structural Repairs. TOTAL PROP A OPEN SPACE FUND $142,400 PROPOSITION A FUND (145) Police Taxi Voucher Program Contract Services/Private $16,000 Higher usage of program. TOTAL PROPOSITION A FUND $16,000 PROPOSITION C FUND (146) Public Works CIP 116 Pier Avenue/Hermosa Avenue to Pacific Coast Highway Contract Services/Private $60,617 Funds remaining at year end required to complete construction on the Pier Avenue project were not reappropriated. TOTAL PROPOSITION C FUND $60,617 GRANTS FUND (150) Fire Department Fireman’s Fund Emergency Preparedness Program Grant Contract Services/Private $10,000 Grant approval for current fiscal year was received after budget approval. Software will be purchased to upgrade the existing Records Management System as required by the County. 8 TOTAL GRANTS FUND $10,000 SUPPLEMENTAL LAW ENFORCEMENT SERVICES (SLESF) FUND – COPS (153) Police C.O.P.S. Program Auto Maintenance $3,108 Funding for the replacement of halogen lights with LED lights in patrol cars was not reappropriated. TOTAL SUPPLEMENTAL LAW ENFORCEMENT SERVICES (SLESF) FUND $3,108 ASSET SEIZURE/FORFEITURE FUND (170) Police Police K-9 Program Contract Services/Private $500 Emergency veterinary services were not anticipated. TOTAL ASSET SEIZURE/FORFEITURE FUND $500 INSURANCE FUND (705) Human Resources Liability Insurance Contract Services/Private $722,073 Additional costs for MacPherson Oil trial. TOTAL INSURANCE FUND $722,073 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 Balance, Insurance Fund, Equipment Replacement Fund and the Capital Improvement Fund. The City Council may change these transfers from time to time as necessary. For 2010-11, all funds were transferred to the Insurance Fund. Compensated Absences Balance – Goal of fund balance equal to 25% funding for accrued liabilities for employee vacation, sick and compensatory time. Contingency Balance – 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. 9 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 Rate Stabilization Balance – Created with the 2004-05 Budget for use during times of rising retirement costs, which recently have resulted primarily from reduced investment earnings. Note: As mentioned, the Compensated Absences Fund and Contingency Fund have been changed to Compensated Absences Balance and Contingency Balance and are now part of the General Fund as required by GASB 54. Progress on Funding Goals Fund Name Goal Estimated Fund Balance 6/30/12 Over/(Under) Goal Amount Compensated Absences Balance $250,611 $297,262 $46,651 25.00% 29.65% Contingency Balance $3,915,122 $3,967,339* $52,217 15.00% 15.33% Insurance Fund $3,000,000 $2,851,131* ($148,869) Equipment Replacement Fund* $3,207,819 $2,416,177 ($791,642) 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. As is shown in the Over/(Under) Goal Amount column, the Compensated Absences Balance and Contingency Balance are slightly overfunded. We recommend these be left at the current amount and we will review them with the compilation of the new budget. With potential retirements pending that were not known for the original budget, it may be that additional funds are needed. The Contingency Fund, Insurance Fund, and Equipment Replacement Fund (ERF) 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. When the DEC Fund closes at year end, the loan payable will be recorded in the General Fund, with future payments from the lease proceeds paid back to the Insurance Fund and Equipment Replacement Fund since, as mentioned previously, the loan payable to the Contingency Fund was paid back prior to moving it to the General Fund. THE CHALLENGE FOR NEXT YEAR With approval of the Midyear changes by the City Council, staff will move forward with preparation of the 2012-13 Budget. All labor contracts expired 6/30/10; we have signed status quo agreements with some groups for 2011-12 and negotiations are underway for agreements beginning in 2012. There have been no salary increases since July 2008. Retirement rates will be addressed at the meeting mentioned above. 10 11 CITY OF HERMOSA BEACH BUDGET SUMMARY 2011-12 MIDYEAR REVIEW LIGHTING DOWNTOWN GENERAL LANDSCAPING ENHANCEMENT FUND FUND FUND 001 105 109 ESTIMATED REVENUE Taxes $20,157,371 $457,104 $0 Licenses/Permits $672,157 $0 $0 Fines/Forfeitures $2,377,220 $0 $0 Use of Money/Property $457,966 $480 $262,464 Intergovernmental/State $126,839 $0 $0 Intergovernmental/County $0 $0 $0 Intergovernmental/Federal $0 $0 $0 Current Service Charges $4,044,934 $0 $1,294,599 Other Revenue $128,834 $0 $4,604 TOTAL ESTIMATED REVENUE $27,965,321 $457,584 $1,561,667 INTERFUND TRANSFERS IN $5,377,030 $89,270 $0 ESTIMATED FUNDS AVAILABLE $33,342,351 $546,854 $1,561,667 ACTUAL FUND BALANCE 7/1/11 $828,374 $74,842 $9,159,917 TOTAL FUNDS AVAILABLE $34,170,725 $621,696 $10,721,584 APPROPRIATIONS Operating Budget $26,084,297 $579,982 $779,645 Capital Outlay $30,382 $0 $0 Capital Improvements $496,426 $0 $177,335 TOTAL APPROPRIATIONS $26,611,105 $579,982 $956,980 INTERFUND TRANSFERS OUT $2,043,402 $10,796 $4,169 TOTAL APPROPRIATIONS/TRANSFERS OUT $28,654,507 $590,778 $961,149 ADJUST FUND BALANCE FOR FIXED ASSET ADDITIONS 1 ESTIMATED FUND BALANCE 6/30/12 $5,516,218 (a)$30,918 $9,760,435 (b) (a) CLASSIFICATIONS OF FUND BALANCE:(b) Investment In Restricted Fixed Assets Affordable Housing $41,831 $9,868,307 General Plan Maintenance Fees $89,463 Verizon PEG Grant $38,452 Greenwald Theatre Improvement Donation $45,000 Committed Clark Building Future Renovations $1,000 Reserve for Capital Outlay $9,592 Beach/Plaza Promotions $36,466 Contingencies $3,967,339 Retirement Rate Stabilization $760,482 CDBG Fund Exchange (Use Undetermined)$63,000 Assigned Compensated Absences $297,262 Sales Tax Receivable - Due 01/13 $166,331 $5,516,218 Storage Lot Loan (reduced by lease revenue)$644,524 Available Fund Balance 6/30/12 $0 $30,918 $536,652 1 Reflects increase to fund balance for fixed asset purchases in Enterprise/Internal Service Funds. 12 CITY OF HERMOSA BEACH BUDGET SUMMARY 2011-12 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 $3,720 $2,024 $0 $0 $318,506 Intergovernmental/State $527,576 $0 $0 $0 $0 Intergovernmental/County $0 $0 $0 $583,957 $0 Intergovernmental/Federal $0 $0 $0 $0 $0 Current Service Charges $0 $58,260 $0 $0 $0 Other Revenue $0 $0 $0 $0 $0 TOTAL ESTIMATED REVENUE $531,296 $60,284 $0 $583,957 $318,506 INTERFUND TRANSFERS IN $0 $0 $0 $0 $0 ESTIMATED FUNDS AVAILABLE $531,296 $60,284 $0 $583,957 $318,506 ACTUAL FUND BALANCE 7/1/11 $668,904 $233,058 $297,262 $0 $798,825 TOTAL FUNDS AVAILABLE $1,200,200 $293,342 $297,262 $583,957 $1,117,331 APPROPRIATIONS Operating Budget $0 $248,280 $0 $0 $0 Capital Outlay $0 $0 $0 $0 $0 Capital Improvements $416,296 $0 $0 $563,400 $794,446 TOTAL APPROPRIATIONS $416,296 $248,280 $0 $563,400 $794,446 INTERFUND TRANSFERS OUT $304,317 $0 $297,262 $20,557 $175,000 TOTAL APPROPRIATIONS/TRANSFERS OUT $720,613 $248,280 $297,262 $583,957 $969,446 ADJUST FUND BALANCE FOR FIXED ASSET ADDITIONS 1 ESTIMATED FUND BALANCE 6/30/12 $479,587 (c)$45,062 $0 $0 $147,885 (c) CLASSIFICATIONS OF FUND BALANCE: Restricted TDA Article 3 -$0 Section 2103 - Higher Motor Vehicle Excise Tax (HUTA)$412,522 Available Fund Balance 6/30/12 $67,065 $45,062 $0 $0 $147,885 1 Reflects increase to fund balance for fixed asset purchases in Enterprise/Internal Service Funds. 13 CITY OF HERMOSA BEACH BUDGET SUMMARY 2011-12 MIDYEAR REVIEW PARK/BAYVIEW DRIVE TYCO RECREATION DISTRICT ADMIN TIDELANDS FACILITY TAX EXPENSE FUND FUND FUND 123 125 135 ESTIMATED REVENUE Taxes $0 $20,439 $0 Licenses/Permits $0 $0 $0 Fines/Forfeitures $0 $0 $0 Use of Money/Property $696 $579 $34 Intergovernmental/State $0 $0 $0 Intergovernmental/County $0 $0 $0 Intergovernmental/Federal $0 $0 $0 Current Service Charges $0 $0 $0 Other Revenue $0 $14,566 $4,330 TOTAL ESTIMATED REVENUE $696 $35,584 $4,364 INTERFUND TRANSFERS IN $0 $0 $0 ESTIMATED FUNDS AVAILABLE $696 $35,584 $4,364 ACTUAL FUND BALANCE 7/1/11 $46,070 $132,506 $1,457 TOTAL FUNDS AVAILABLE $46,766 $168,090 $5,821 APPROPRIATIONS Operating Budget $0 $0 $1,700 Capital Outlay $0 $0 $0 Capital Improvements $43,246 $20,000 $0 TOTAL APPROPRIATIONS $43,246 $20,000 $1,700 INTERFUND TRANSFERS OUT $0 $0 $2,718 TOTAL APPROPRIATIONS/TRANSFERS OUT $43,246 $20,000 $4,418 ADJUST FUND BALANCE FOR FIXED ASSET ADDITIONS 1 ESTIMATED FUND BALANCE 6/30/12 $3,520 $148,090 $1,403 Available Fund Balance 6/30/12 $3,520 $148,090 $1,403 1 Reflects increase to fund balance for fixed asset purchases in Enterprise/Internal Service Funds. 14 CITY OF HERMOSA BEACH BUDGET SUMMARY 2011-12 MIDYEAR REVIEW LOWER PIER MYRTLE DISTRICT LOMA DISTRICT BEACH DRIVE 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 $123 $163 $17 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 $2,600 $9,000 $10,000 $3,000 TOTAL ESTIMATED REVENUE $2,600 $9,123 $10,163 $3,017 INTERFUND TRANSFERS IN $0 $0 $0 $0 ESTIMATED FUNDS AVAILABLE $2,600 $9,123 $10,163 $3,017 ACTUAL FUND BALANCE 7/1/11 $4,457 $12,683 $17,008 $1,382 TOTAL FUNDS AVAILABLE $7,057 $21,806 $27,171 $4,399 APPROPRIATIONS Operating Budget $1,500 $6,000 $6,200 $1,650 Capital Outlay $0 $0 $0 $0 Capital Improvements $0 $0 $0 $0 TOTAL APPROPRIATIONS $1,500 $6,000 $6,200 $1,650 INTERFUND TRANSFERS OUT $1,142 $3,310 $3,783 $1,155 TOTAL APPROPRIATIONS/TRANSFERS OUT $2,642 $9,310 $9,983 $2,805 ADJUST FUND BALANCE FOR FIXED ASSET ADDITIONS 1 ESTIMATED FUND BALANCE 6/30/12 $4,415 $12,496 $17,188 $1,594 Available Fund Balance 6/30/12 $4,415 $12,496 $17,188 $1,594 1 Reflects increase to fund balance for fixed asset purchases in Enterprise/Internal Service Funds. 15 CITY OF HERMOSA BEACH BUDGET SUMMARY 2011-12 MIDYEAR REVIEW COMMUNITY DEVELOPMENT PROPOSITION PROPOSITION BLOCK GRANT A C MEASURE R FUND FUND FUND FUND 140 145 146 147 ESTIMATED REVENUE Taxes $0 $269,761 $223,760 $167,821 Licenses/Permits $0 $0 $0 $0 Fines/Forfeitures $0 $0 $0 $0 Use of Money/Property $0 $819 $2,116 $1,888 Intergovernmental/State $0 $0 $0 $0 Intergovernmental/County $0 $0 $0 $0 Intergovernmental/Federal $0 $0 $0 $0 Current Service Charges $0 $6,900 $0 $0 Other Revenue $0 $0 $0 $0 TOTAL ESTIMATED REVENUE $0 $277,480 $225,876 $169,709 INTERFUND TRANSFERS IN $0 $0 $0 $0 ESTIMATED FUNDS AVAILABLE $0 $277,480 $225,876 $169,709 ACTUAL FUND BALANCE 7/1/11 $0 $47,166 $190,775 $250,400 TOTAL FUNDS AVAILABLE $0 $324,646 $416,651 $420,109 APPROPRIATIONS Operating Budget $0 $172,317 $0 $0 Capital Outlay $0 $0 $0 $0 Capital Improvements $0 $2,650 $165,617 $295,934 TOTAL APPROPRIATIONS $0 $174,967 $165,617 $295,934 INTERFUND TRANSFERS OUT $0 $0 $0 $0 TOTAL APPROPRIATIONS/TRANSFERS OUT $0 $174,967 $165,617 $295,934 ADJUST FUND BALANCE FOR FIXED ASSET ADDITIONS 1 ESTIMATED FUND BALANCE 6/30/12 $0 $149,679 $251,034 $124,175 Available Fund Balance 6/30/12 $0 $149,679 $251,034 $124,175 1 Reflects increase to fund balance for fixed asset purchases in Enterprise/Internal Service Funds. 16 CITY OF HERMOSA BEACH BUDGET SUMMARY 2011-12 MIDYEAR REVIEW SUPPLEMENTAL AIR QUALITY LAW ENFORCEMENT GRANTS IMPROVEMENT SERVICES SEWER FUND FUND FUND FUND 150 152 153 160 ESTIMATED REVENUE Taxes $0 $0 $100,000 $0 Licenses/Permits $0 $0 $0 $0 Fines/Forfeitures $0 $0 $0 $0 Use of Money/Property $0 $736 $2,054 $6,147 Intergovernmental/State $23,541 $22,000 $0 $5,729 Intergovernmental/County $0 $0 $0 $25,000 Intergovernmental/Federal $899,154 $0 $0 $0 Current Service Charges $0 $0 $0 $31,434 Other Revenue $10,000 $0 $0 $0 TOTAL ESTIMATED REVENUE $932,695 $22,736 $102,054 $68,310 INTERFUND TRANSFERS IN $0 $0 $0 $700,000 ESTIMATED FUNDS AVAILABLE $932,695 $22,736 $102,054 $768,310 ACTUAL FUND BALANCE 7/1/11 $15,589 $85,648 $264,492 $631,904 TOTAL FUNDS AVAILABLE $948,284 $108,384 $366,546 $1,400,214 APPROPRIATIONS Operating Budget $40,432 $3,600 $69,931 $610,866 Capital Outlay $0 $0 $0 $0 Capital Improvements $892,169 $102,531 $37,283 $653,776 TOTAL APPROPRIATIONS $932,601 $106,131 $107,214 $1,264,642 INTERFUND TRANSFERS OUT $0 $0 $0 $0 TOTAL APPROPRIATIONS/TRANSFERS OUT $932,601 $106,131 $107,214 $1,264,642 ADJUST FUND BALANCE FOR FIXED ASSET ADDITIONS 1 ESTIMATED FUND BALANCE 6/30/12 $15,683 $2,253 $259,332 $135,572 Available Fund Balance 6/30/12 $15,683 $2,253 $259,332 $135,572 1 Reflects increase to fund balance for fixed asset purchases in Enterprise/Internal Service Funds. 17 CITY OF HERMOSA BEACH BUDGET SUMMARY 2011-12 MIDYEAR REVIEW ASSET SEIZURE/FIRE RETIREMENT CAPITAL FORFEITURE PROTECTION STABILIZATION CONTINGENCY IMPROVEMENT FUND FUND FUND FUND FUND 170 180 198 199 301 ESTIMATED REVENUE Taxes $0 $0 $0 $0 $0 Licenses/Permits $0 $0 $0 $0 $0 Fines/Forfeitures $38,000 $0 $0 $0 $0 Use of Money/Property $2,078 $165 $0 $0 $5,236 Intergovernmental/State $0 $0 $0 $0 $0 Intergovernmental/County $0 $0 $0 $0 $0 Intergovernmental/Federal $0 $0 $0 $0 $0 Current Service Charges $0 $0 $0 $0 $0 Other Revenue $1,000 $13,000 $0 $0 $386 TOTAL ESTIMATED REVENUE $41,078 $13,165 $0 $0 $5,622 INTERFUND TRANSFERS IN $0 $0 $0 $0 $707,059 ESTIMATED FUNDS AVAILABLE $41,078 $13,165 $0 $0 $712,681 ACTUAL FUND BALANCE 7/1/11 $250,696 $36,709 $760,482 $3,967,339 $442,628 TOTAL FUNDS AVAILABLE $291,774 $49,874 $760,482 $3,967,339 $1,155,309 APPROPRIATIONS Operating Budget $11,685 $0 $0 $0 $151,400 Capital Outlay $25,000 $0 $0 $0 $0 Capital Improvements $0 $0 $0 $0 $869,193 TOTAL APPROPRIATIONS $36,685 $0 $0 $0 $1,020,593 INTERFUND TRANSFERS OUT $0 $0 $760,482 $3,967,339 $0 TOTAL APPROPRIATIONS/TRANSFERS OUT $36,685 $0 $760,482 $3,967,339 $1,020,593 ADJUST FUND BALANCE FOR FIXED ASSET ADDITIONS 1 ESTIMATED FUND BALANCE 6/30/12 $255,089 (c)$49,874 $0 $0 $134,716 (c) CLASSIFICATION OF FUND BALANCE Restricted Designated Dept of Justice Funds $100,897 Designated Dept of Treasury Funds $8,765 Available Fund Balance 6/30/12 $145,427 $49,874 $0 $0 $134,716 Reflects increase to fund balance for fixed asset purchases in Enterprise/Internal Service Funds. 18 CITY OF HERMOSA BEACH BUDGET SUMMARY 2011-12 MIDYEAR REVIEW BAYVIEW DRIVE LOWER PIER ARTESIA BLVD DISTRICT DISTRICT RELINQUISHMENT REDEMPTION REDEMPTION FUND FUND FUND 302 609 610 ESTIMATED REVENUE Taxes $0 $0 $0 Licenses/Permits $0 $0 $0 Fines/Forfeitures $0 $0 $0 Use of Money/Property $125 $942 $223 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 $125 $942 $223 INTERFUND TRANSFERS IN $0 $0 $0 ESTIMATED FUNDS AVAILABLE $125 $942 $223 ACTUAL FUND BALANCE 7/1/11 $9,302 $154,393 $10,866 TOTAL FUNDS AVAILABLE $9,427 $155,335 $11,089 APPROPRIATIONS Operating Budget $4,000 $0 $0 Capital Outlay $0 $0 $0 Capital Improvements $0 $0 $0 TOTAL APPROPRIATIONS $4,000 $0 $0 INTERFUND TRANSFERS OUT $0 $0 $0 TOTAL APPROPRIATIONS/TRANSFERS OUT $4,000 $0 $0 ADJUST FUND BALANCE FOR FIXED ASSET ADDITIONS 1 ESTIMATED FUND BALANCE 6/30/12 $5,427 $155,335 $11,089 Storage Lot Loan (reduced by lease revenue) Available Fund Balance 6/30/12 $5,427 $155,335 $11,089 1 Reflects increase to fund balance for fixed asset purchases in Enterprise/Internal Service Funds. 19 CITY OF HERMOSA BEACH BUDGET SUMMARY 2011-12 MIDYEAR REVIEW BEACH DRIVE BEACH DRIVE MYRTLE LOMA DISTRICT DISTRICT AVENUE DRIVE REDEMPTION RESERVE ASSESSMENT ASSESSMENT FUND FUND FUND FUND 611 612 617 618 ESTIMATED REVENUE Taxes $0 $0 $0 $0 Licenses/Permits $0 $0 $0 $0 Fines/Forfeitures $0 $0 $0 $0 Use of Money/Property $466 $36 $524 $669 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 $466 $36 $524 $669 INTERFUND TRANSFERS IN $0 $0 $0 $0 ESTIMATED FUNDS AVAILABLE $466 $36 $524 $669 ACTUAL FUND BALANCE 7/1/11 $74,578 $978 $37,350 $102,576 TOTAL FUNDS AVAILABLE $75,044 $1,014 $37,874 $103,245 APPROPRIATIONS Operating Budget $0 $0 $0 $0 Capital Outlay $0 $0 $0 $0 Capital Improvements $0 $0 $0 $0 TOTAL APPROPRIATIONS $0 $0 $0 $0 INTERFUND TRANSFERS OUT $0 $0 $0 $0 TOTAL APPROPRIATIONS/TRANSFERS OUT $0 $0 $0 $0 ADJUST FUND BALANCE FOR FIXED ASSET ADDITIONS 1 ESTIMATED FUND BALANCE 6/30/12 $75,044 $1,014 $37,874 $103,245 Available Fund Balance 6/30/12 $75,044 $1,014 $37,874 $103,245 1 Reflects increase to fund balance for fixed asset purchases in Enterprise/Internal Service Funds. 20 CITY OF HERMOSA BEACH BUDGET SUMMARY 2011-12 MIDYEAR REVIEW BAYVIEW DRIVE EQUIPMENT RESERVE INSURANCE REPLACEMENT TOTAL FUND FUND FUND (MEMORANDUM 619 705 715 ONLY) ESTIMATED REVENUE Taxes $0 $0 $0 $21,396,256 Licenses/Permits $0 $0 $0 $672,157 Fines/Forfeitures $0 $0 $0 $2,415,220 Use of Money/Property $117 $544,000 $0 $1,615,113 Intergovernmental/State $0 $0 $0 $705,685 Intergovernmental/County $0 $0 $0 $608,957 Intergovernmental/Federal $0 $0 $0 $899,154 Current Service Charges $0 $2,295,005 $1,648,180 $9,379,312 Other Revenue $0 $70,046 $8,005 $279,371 TOTAL ESTIMATED REVENUE $117 $2,909,051 $1,656,185 $37,971,225 INTERFUND TRANSFERS IN $0 $722,073 $0 $7,595,432 ESTIMATED FUNDS AVAILABLE $117 $3,631,124 $1,656,185 $45,566,657 ACTUAL FUND BALANCE 7/1/11 $3,064 $3,334,762 $5,718,040 $28,666,482 TOTAL FUNDS AVAILABLE $3,181 $6,965,886 $7,374,225 $74,233,139 APPROPRIATIONS Operating Budget $0 $3,792,494 $1,653,094 $34,219,073 Capital Outlay $0 $0 $429,318 $484,700 Capital Improvements $0 $0 $320,772 $5,851,074 TOTAL APPROPRIATIONS $0 $3,792,494 $2,403,184 $40,554,847 INTERFUND TRANSFERS OUT $0 $0 $0 $7,595,432 TOTAL APPROPRIATIONS/TRANSFERS OUT $0 $3,792,494 $2,403,184 $48,150,279 ADJUST FUND BALANCE FOR FIXED ASSET ADDITIONS 1 $294,584 $294,584 ESTIMATED FUND BALANCE 6/30/12 $3,181 $3,173,392 $5,265,625 (d)$26,377,444 (d) Investment In Fixed Assets $2,324,075 (d) Designate Building Charges $203,110 Storage Lot Loan (reduced by lease revenue)($322,261)($322,263) Available Fund Balance 6/30/12 $3,181 $2,851,131 $2,416,177 $7,943,550 1Reflects increase to fund balance for fixed asset purchases in Enterprise/Internal Service Funds. 21 00002222 00002323 00002424 00002525 00002626 00002727 00002828 00002929 00003030 00003131 00003232 00003333 00003434 00003535 00003636 00003737 00003838 00003939 00004040 00004141 00004242 00004343 00004444 00004545 00004646 00004747 00004848 00004949 00005050 00005151 00005252 00005353 00005454 00005555 00005656 00005757 00005858 00005959 00006060 00006161 00006262 00006363 INTERFUND TRANSFERS 2011-12 Budget TRANSFERS IN TRANSFERS OUTGENERAL FUND From Lighting/Landscaping Fund, Administration $10,796From Downtown Enhancement Fund, Administration $4,169 From State Gas Tax Fund, Street Maintenance, Traffic Safety Operations $304,317From Prop A Open Space Fund, Parks Maintenance Allocation $20,557From Lower Pier Admin Exp Fund, Agency Administration $1,142 From Myrtle Dist Admin Exp Fund, Agency Administration $3,310From Loma Dist Admin Exp Fund, Agency Administration $3,783From Beach Drive Assessment Dist Admin Exp Fund, Agency Administration $1,155 From Bayview Drive Admin Exp Fund, Agency Administration $2,718 From Compensated Absences Fund, Closeout per GASB 54 $297,262From Retirement Stabilization Fund, Closeout per GASB 54 $760,482 From Contingency Fund, Closeout per GASB 54 $3,967,339 To Lighting/Landscaping Fund, Cure Deficit $89,270To Sewer Fund, Improvements $700,000 To Capital Improvement Fund, Street and Sewer Improvements $532,059 To Insurance Fund, Unexpended Balance Transfer $722,073FUND TOTALS $5,377,030 $2,043,402 LIGHTING/LANDSCAPING FUND From General Fund, to cover deficit $89,270To General Fund, Administration $10,796 FUND TOTALS $89,270 $10,796 DOWNTOWN ENHANCEMENT FUND To General Fund, Administration $4,169 FUND TOTALS $0 $4,169 STATE GAS TAX FUND To General Fund, Street Maintenance, Traffic Safety Operations $304,317 FUND TOTALS $0 $304,317 COMPENSATED ABSENCES FUND To General Fund, Closeout per GASB 54 $297,262 FUND TOTALS $0 $297,262 PROP A OPEN SPACE FUND To General Fund, Parks Maintenance Allocation $20,557 FUND TOTALS $0 $20,557 TYCO FUND To Capital Improvement Fund, Street Improvements $175,000 $0 $175,000 64 INTERFUND TRANSFERS 2011-12 Budget TRANSFERS IN TRANSFERS OUTBAYVIEW DRIVE DISTRICT ADMIN EXPENSE FUND To General Fund, Agency Administration $2,718 FUND TOTALS $0 $2,718 LOWER PIER ADMIN EXPENSE FUND To General Fund, Agency Administration $1,142 FUND TOTALS $0 $1,142 MYRTLE DISTRICT ADMIN EXPENSE FUND To General Fund, Agency Administration $3,310 FUND TOTALS $0 $3,310 LOMA DISTRICT ADMIN EXPENSE FUND To General Fund, Agency Administration $3,783 FUND TOTALS $0 $3,783 BEACH DRIVE ASSESSMENT DISTRICT ADMINISTRATIVE EXPENSE FUND To General Fund, Agency Administration $1,155 FUND TOTALS $0 $1,155 SEWER FUND From General Fund, Improvements $700,000 $0 FUND TOTALS $700,000 $0 RETIREMENT STABILIZATION FUND To General Fund, Close out per GASB 54 $760,482 FUND TOTALS $0 $760,482 CONTINGENCY FUND To General Fund, Close out per GASB 54 $3,967,339 $0 $3,967,339 CAPITAL IMPROVEMENT FUNDFrom Tyco Fund, Street Improvements $175,000From General Fund, Street Improvements $532,059 FUND TOTALS $707,059 $0 INSURANCE FUND From General Fund, Unexpended Balance Transfer $722,073 $722,073 $0 GRAND TOTALS $7,595,432 $7,595,432 65 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 12-XXXX A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, APPROVING GENERAL FUND COMMITMENT OF FUND BALANCE FOR CONTINGENCY, RETIREMENT RATE STABILIZATION AND CDBG EXCHANGE FUNDS AND DESIGNATING THE FINANCE DIRECTOR AS THE AUTHORIZED PARTY FOR THE ASSIGNMENT OF FUND BALANCE THE CITY COUNCIL OF THE CITY OF HERMOSA BEACH, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, the Governmental Accounting Standards Board (GASB) has issued its Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions with the intent of improving financial reporting by providing fund balance categories that will be more easily understood; and WHEREAS, the City Council may adopt a resolution to commit General Fund balance for specific purposes by taking formal action and these committed amounts cannot be used for any other purpose unless the City Council removes or changes the specific use through the same formal action taken to establish the commitment; and WHEREAS, the City Council may designate management to assign fund balances based on the intended use of the funds; and WHEREAS, the Finance Director has recommended to the City Council that the General Fund Contingency Commitment of General Fund balance should be established and approved at $3,967,339, the Retirement Rate Stabilization Commitment of the General Fund balance should be $760,482 and the CDBG Exchange Funds Commitment of the General Fund balance should be $63,000 for fiscal year 2011-12. BE IT FURTHER RESOLVED, that the Finance Director shall be designated the authorized party for the assignment of fund balance, and that the City Council of the City of Hermosa Beach hereby authorizes and approves the General Fund Contingency Commitment of General Fund balance of $3,967,339, the Retirement Rate Stabilization Commitment of the 66 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 General Fund balance of $760,482 and the CDBG Exchange Funds Commitment of the General Fund balance of $63,000 for the fiscal year 2011-12. PASSED, APPROVED AND ADOPTED this 14th day of February 2012. ________________________________________________________________________ PRESIDENT of the City Council and MAYOR of the City of Hermosa Beach, California ATTEST: APPROVED AS TO FORM: ________________________________ _______________________________ City Clerk City Attorney 67