Loading...
HomeMy WebLinkAboutMinutes - October 13, 2020 SSLODI CITY COUNCIL SHIRTSLEEVE SESSION CARNEGIE FORUM, 305 WEST PINE STREET TUESDAY, OCTOBER 13, 2020 An Informal Informational Meeting ("Shirtsleeve" Session) of the Lodi City Council was held Tuesday, October 13, 2020, commencing at 7:00 a.m. Due to the COVID-19 pandemic and pursuant to Executive Order N-29-20, all Council Members participated in the meeting via teleconference and the meeting was available for viewing by the public via livestream at https://www.facebook.com/CityofLodi/ and https://zoom.us/s/99156688900?pwd=MThFM09HbXdYQzkxMXpYdzJJb2gzQT09; the opportunity for public comment was available through councilcomments@lodi.gov and https://zoom.us/s/99156688900?pwd=MThFM09HbXdYQzkxMXpYdzJJb2gzQT09. Present: Council Member Chandler, Council Member Mounce, Mayor Pro Tempore Nakanishi, and Mayor Kuehne Absent: None Also Present: City Manager Schwabauer, City Attorney Magdich, and City Clerk Cusmir Deputy City Manager Andrew Keys provided a PowerPoint presentation regarding the Fiscal Year 2020/21 General Fund revenue estimates. Specific topics of discussion included summary of original estimates; impact of COVID-19 pandemic; Wayfair v. South Dakota decision; Measure L; need for caution; revenue projection; line item details; projected v. actuals; and the distribution of sales tax revenue. Mayor Pro Tempore Nakanishi stated that he was pleased with the presentation and the current state of the City's finances. Council Member Mounce noted the need for caution and that the City needs to be prudent. She stated that she supports increasing payments to the pension stabilization fund and the addition of more law and code enforcement officers, and looks forward to hearing staff's recommendations. Council Member Chandler stated that he supports Council Member Mounce's comments. Council Member Mounce spoke about the importance of supporting small local businesses and appealed to the community to support local businesses. None No action was taken by the City Council. The meeting was adjourned at 7:36 a.m. A.Roll Call by City Clerk B. Topic(s) B-1 Fiscal Year 2020/21General Fund Revenue Update (CM) C.Comments by Public on Non-Agenda Items D.Adjournment ATTEST: Jennifer Cusmir City Clerk 1 Fiscal Year 2020/21 Budget General Fund Revenue Estimates as of 9/30/20 Presented by Andrew Keys, Deputy City Manager •FY 2019-20 Year End estimates and FY 2020-21 original budget estimates were developed in very uncertain times. •The COVID-19 pandemic has materialized in unanticipated ways. •Businesses and individuals have adapted as necessary to survive and in cases thrive through the pandemic. •The impact of CA legislation based on the Wayfair v. South Dakota court decision is larger than anticipated. •Low original estimates for Measure L and its direct application to online retail benefit Lodi. •Uncertainty still exists and caution should be exercised. Summary •Will there be a second COVID-19 wave? •How will a possible “twindemic” COVID-19impact economic activity? •Election uncertainty. •Will jobs and the economy recover? •Future Government stimulus? •Will strong trend continue now that original COVID -19 stimulus has ended? •Will small businesses survive and what is the revenue impact of closures? •Business license tax, TOT and property tax projections are not revised. •Actual 1st Quarter FY 20-21 revenue is based on CDTFA revenue summary. •Detail is unavailable on the exact impact of state pandemic deferral programs. •Will eviction and foreclosure moratoriums lead to increased foreclosures and property tax declines in the future? Uncertainty •General Fund Summary: Note: The addition of the Great Plates Program reimbursement has been removed so as to not skew the data since there is an offsetting expenditure for the program. Revenue Projection Original FY 21 Budget Projection as of 9/30/20 Difference 59,159,490 61,281,060 2,121,570 General Fund Revenue Total FY 21 Projection Note: Only line items with budget projection changes are shown. 68% of budgeted revenue has not been projected to change at this time. Line Item Detail Police Revenue Original FY 21 Budget Projection as of 9/30/20 Difference 40,000 25,810 (14,190) 600 300 (300) 25,000 25,400 400 3,500 2,500 (1,000) 100,000 78,500 (21,500) 125,000 95,000 (30,000) 10,000 3,600 (6,400) - 1,500 1,500 4,000 1,800 (2,200) 10,000 3,000 (7,000) 20,000 7,500 (12,500) 2,000 600 (1,400) 1,000 200 (800) - 4,000 4,000 20,000 15,000 (5,000) 20,000 10,000 (10,000) 10,000 2,000 (8,000) Revenue Projection Changes over Original Budget Animal Licenses Fingerprinting Animal Medical Police Clearance Fee Bicycle Licenses Alarm Permits Vendor Permit to Operate Overparking Nuisance Fines Repairs & Demolition Reimb. Reimbursable Charges Veh Code-Moving Violation Code Enforcement Fees Repairs & Demolition Reimb. Code Enforcement Fine Unaltered Fee Animal Shelter Fees Note: Only line items with budget projection changes are shown. 68% of budgeted revenue has not been projected to change at this time. Line Item Detail Fire Revenue Original FY 21 Budget Projection as of 9/30/20 Difference 2,800 600 (2,200) Public Works Revenue 20,000 15,000 (5,000) General Revenue 12,035,870 12,664,000 628,130 440,000 220,000 (220,000) 15,000 10,000 (5,000) 20,000 10,000 (10,000) 211,840 300,000 88,160 3,000 838,740 835,740 315,000 400,000 85,000 50,000 86,690 36,690 23,280 15,000 (8,280) 120,000 75,000 (45,000) Measure L Revenue - 5,500,000 6,357,720 857,720 Card Room Fee Sales & Use Tax Sales & Use Tax Revenue Projection Changes over Original Budget Fire Dept.Services-Other Contract Work For Others Outside City Services Admin Fee-RTIF State Mandates SB90 Admin fees-CVW CARES Act Reimbursement Investment Earnings Returned Check Charge Street & Lot Permits FY 20 Projected vs Actuals General Fund FY 20 Estimate FY 20 Actuals Revenues 59,905,690 63,649,518 Expenditures 61,612,490 60,057,744 Net:(1,706,800) 3,591,774 Questions