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HomeMy WebLinkAboutResolutions - No. 2020-44RESOLUTION NO. 2020-44 A RESOLUTION OF THE LODI CITY COUNCIL AMENDING THE CITY OF LODI FISCAL YEAR 2019-20 BUDGET; AND APPROVING THE ELIMINATION OF ONE ELECTRICAL ENGINEER, THE ADDITION OF ONE SENIOR POWER ENGINEER, AND THE ADDITION OF ONE PERMIT TECHNICIAN WHEREAS, the City Council adopted the Fiscal Year 2019-20 Budget on June 5, 2019; and WHEREAS, the 2019/20 Financial Plan and Budget was prepared in accordance with the City Council's goals, budget assumptions, and policies; and WHEREAS, the budget Resolution requires a mid -year update which was presented to City Council at its regularly -scheduled meeting on March 4, 2020; and WHEREAS, revisions to the budget are necessary to address circumstances unknown at the time of the budget adoption. NOW, THEREFORE BE IT RESOLVED that the Lodi City Council does hereby approve the following: 1) All budget amendments to Fiscal Year 2019-20 Budget as outlined on Exhibit A; and 2) The elimination of one Electrical Engineer position in the Electric Utility Department; and 3) The addition of one Senior Power Engineer position in the Electric Utility Department; and 4) The addition of one Permit Technician in the Community Development Department. Dated: March 4, 2020 I hereby certify that Resolution No. 2020-44 was passed and adopted by the City Council of the City of Lodi in a regular/special joint meeting held on March 4, 2020 by the following vote: AYES: COUNCIL MEMBERS — Chandler, Mounce, Nakanishi, and Mayor Kuehne NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None PAMELA M. FARRIS Assistant City Clerk 2020-44 Exhibit A Mid-Year Adjustments FY 2019-20 Current Mid-Year Revised Account Number Account Description Budget Adjustment Budget Mid-Year Ammendments 100 - General Fund Revenue Adjustment 10095000.51001 Property Tax $ 10,903,360 $ 11,050,000 $ 146,640 10095000.51031 Sales & Use Tax $ 12,922,370 $ 13,600,000 $ 677,630 10300000.51031 Sales & Use Tax $ 5,200,000 $ 6,298,000 $ 1,098,000 10050500.57402 Engineering lnspFees $ 222,810 $ 675,000 $ 452,190 10050500.57500 Engineering Fees $ 509,660 $ 659,460 $ 149,800 10095000.56502 State Mandates SB90 $ 50,000 $ 76,470 $ 26,470 10041100.57107 Strike Team $ 222,750 $ 31,030 $ (191,720) 10095000.53207 Late Payments - Utilites $ 1,075,000 $ 950,000 $ (125,000) Total Revenue Adjustments $ 31,105,950 $ 33,339,960 $ 2,234,010 Expense Adjustment 10015000.71001 Personnel $ 295,700 $ 320,190 $ 24,490 10005000.71001 Personnel $ 213,170 $ 232,540 $ 19,370 10010000.71001 Personnel $ 537,080 $ 551,340 $ 14,260 10020203.71001 Personnel $ 518,030 $ 538,248 $ 20,218 100320000.71001 Personnel $ 6,221,630 $ 6,499,368 $ 277,738 10095000.72211 Electricity $ 720,000 $ 797,560 $ 77,560 Total Expense Adjustments $ 8,505,610 $ 8,939,246 $ 433,636 500 -508 Electric Utility Revenue Adjustment 50000000.58801 EA Energy cost Adj $ 1,297,890 $ 2,124,890 $ 827,000 50000000.58803 ED Energy Cost Adj $ 189,020 $ 284,090 $ 95,070 50000000.58805 EM Energy Cost Adj $ 26,130 $ 36,230 $ 10,100 50000000.58807 G1 Energy Cost Adj $ 410,170 $ 679,920 $ 269,750 50000000.58809 G2 Energy Cost Adj $ 1,031,000 $ 1,724,040 $ 693,040 50000000.58811 G3 Energy Cost Adj $ 214,420 $ 320,790 $ 106,370 50000000.58813 G4 Energy Cost Adj $ 233,290 $ 404,930 $ 171,640 50000000.58815 G5 Energy Cost Adj $ 155,500 $ 287,520 $ 132,020 50000000.58817 11 Energy Cost Adj $ 449,350 $ 681,000 $ 231,650 50000000.58823 ES energy Cost Adj $ 99,390 $ 171,440 $ 72,050 50000000.58808 Large Commercial-G2 $ 16,076,300 $ 16,461,450 $ 385,150 50800000.59541 Greenhouse Gas $ 2,386,850 $ 2,516,210 $ 129,360 Total Revenue Adjustments $ 22,569,310 $ 25,692,510 $ 3,123,200 Expense Adjustment 50061500.71001 Personnel $ 771,480 $ 779,320 $ 7,840 50061400.71188 Personnel $ (710,000) $ (1,269,000) $ (559,000) 50060500.72901 Generation $ 26,543,980 $ 27,893,810 $ 1,349,830 50060500.72902 Transmission $ 9,635,250 $ 10,540,550 $ 905,300 50199000.77020 EUCP-14001 $ 56,982 $ 58,482 $ 1,500 50199000.77020 EUCP-14002 $ 300,878 $ 900,878 $ 600,000 50199000.77020 EUCP-14003 $ 500,000 $ 350,000 $ (150,000) 50199000.77020 EUCP-14006 $ 1,102,900 $ 1,125,400 $ 22,500 50199000.77020 EUCP-15004 $ 350,000 $ 770,000 $ 420,000 50199000.77020 EUCP-15008 $ 250,000 $ 100,000 $ (150,000) 50199000.77020 EUCP-17001 $ 2,066,794 $ 2,566,794 $ 500,000 50199000.77020 EUCP-18148 $ 1,853,202 $ 1,979,202 $ 126,000 Total Expense Adjustments $ 42,721,466 $ 45,795,436 $ 3,073,970 Exhibit A Mid -Year Adjustments FY 2019-20 Account Number Account Description 530-533 Wastewater Utility $ - $ Revenue Adjustment $ 520,000 53000000.58891 Customer Accounts 53100000.56421 State Special Grants 53300000.57501 Development Impact Fees Total Revenue Adjustments Expense Adjustment 53053003.71001 Personnel 53053003.72211 Electricity Current Mid -Year Revised Budget Adjustment Budget 15,238,450.00 $ 16,178,100 $ 939,650 $ - $ 520,000 $ 520,000 $ 1,130,030 $ 931,930 $ (218,920) $ 16,368,480 $ 17,630,030 $ 1,240,730 750,340 799,190 $ 48,850 $ 640,000 $ 693,010 $ 53,010 $ 1,390,340 5 1,492,200 $ 101,860