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City of Rialto Midyear Changes

This presentation highlights the midyear adjustments to the City of Rialto's budget for the 2013/2014 fiscal year, including changes to general fund revenues, expenses, and reserves. It also covers adjustments to special revenue funds and proposed staffing changes in various departments. Additionally, future budget challenges and recommendations are discussed.

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City of Rialto Midyear Changes

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  1. City of Rialto Midyear Changes Budget-Fiscal Year 2013/2014 Council Presentation – February 25, 2014

  2. FY 13/14 General Fund Revenues

  3. FY 13/14 General Fund Expenses

  4. General Fund FY 13/14

  5. Reserve Summary

  6. Midyear Adjustments – Special Revenue Funds • Special Revenue funds show a increase of $3.2M mostly due to Development Impact Fees being received. • Special Revenue funds project an increase in expenditures of $37K primarily due to a reduction in Housing Authority related expenses, offset by increases in Capital Budgets in the Waste Management and Measure I and Funds.

  7. Midyear Adjustments – Enterprise Funds • RUA performance will be presented in a separate report by RWS, however this Mid-Year report includes proposed reimbursements towards the Water Fund’s outstanding Perchlorate Litigation Loans as follows: • $300K to the Waste Water Fund • $100K to the General Fund

  8. Proposed Staffing Changes • Public Works • Replace 2 Vacant Part Time positions with an Engineering Technician – ($12,872) Savings • Development Services • Add 3 months budget for Administrative Assistant to replace retiring Executive Assistant - $14,219 • Finance • Replace vacant Executive Assistant with Administrative Assistant – ($15,447) Savings • Fire Department • Replace vacant Office Specialist position with a Senior Office Specialist – ($1,230) Savings • Mandatory OT Calculation Correction - $110,357 • Police Department • Add 2 Narcotics Officers - $53,840 • Replace a Records Assistant II with a Lead Records Assistant – No Budget Impact • Replace 2 Emergency Dispatchers with 2 Lead Emergency Dispatchers – No Budget Impact

  9. Additional Vacancies that will result in Savings this FY • Battalion Chief • Fire Prevention Specialist • Fire Captain • 4 Firefighter Paramedic (2 Safer Grant) • 5 Police Officers • 2 Dispatcher Vacancies • Crime Analysis Assistant • Associate Civil Engineer • Recreation Supervisor • Total additions savings projected at $150-$200K

  10. Future Budget Challenges • CalPERS recently implemented a rate increase and plan on a $1M increase in FY14/15 and an additional increase of $500K in FY 15/16 • Capital Project neglect • Unfunded Liabilities

  11. Recommendation • Consider Resolutions approving the 2013/14 Budget Adjustment for the City, Rialto Utility Authority and the Successor Agency formerly known as the Rialto Redevelopment Agency • Consider the Resolution approving new Job Descriptions

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