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HomeMy WebLinkAboutAgenda Report - May 4, 2022 C-08CITY OF \ �+ t CALIFORNIA COUNCIL COMMUNICATION AGENDA ITEM C', 8 AGENDA TITLE: Adopt Resolution Ratifying the San Joaquin Council of Governments' Annual Financial Plan for Fiscal Year 2022/23 MEETING DATE: May 4, 2022 PREPARED BY: Public Works Director RECOMMENDED ACTION: Adopt resolution ratifying the San Joaquin Council of Governments' Annual Financial Plan for Fiscal Year 2022/23. BACKGROUND INFORMATION: A summary of the San Joaquin Council of Governments' (SJCOG) Annual Financial Plan (AFP) for Fiscal Year 2022/23 is attached as Exhibit A. The SJCOG Board adopted the AFP on March 24, 2022 (Exhibit B). Pursuant to SJCOG's Joint Powers Agreement, the budget is to be ratified by the City of Lodi and the other agencies in the County following adoption by the SJCOG Board. Staff would like to acknowledge both the importance of the work SJCOG performs and the significant and excellent assistance their staff provides in delivering transportation projects in the City and the entire County. FISCAL IMPACT: FUNDING AVAILABLE CES/CES/cd Attachments This is the operating plan for SJCOG. SJCOG oversees Measure K funding for several projects in Lodi, including street maintenance, as well as the administration of several federal funding sources. Not applicable. C'11"Lo Charles E. Swimley, Jr. Public Works Director cc: Janice D. Magdich, City Attorney Steve Dial, COG Deputy Executive Director/Chief Financial Officer APPROVED Steve Schwabauer Stephen Schwabauer, City Manager \\cvcfilv02\pubwks$\WP\COUNCIL\2022\SJCOG AFP 2022.doc 4/13/2022 San Joaquin Council of Governments ANNUAL FINANCIAL PLAN Fiscal Year 2022/2023 Proposed Final March 24, 2022 Professional Services 5,945,599.90 20,234,654.59 17,454,310.78 (2,780,343.81) -13.74% Capital Outlay 71,482.52 195,500.00 195,500.00 0.00% Unallocated/Reserve SJCOG OPERATING EXPENDITURES 11,067,405.39 26,704,682.85 23,995,953.00 (2,708,729.85) -10.14% FY 20-21 FY 2021-22 FY 2022-23 REVENUES I Actual Amd #2 Proposed Final Change % Change Federal Grants 5,367,138.67 7,259,319.58 6,639,687.00 (619,632.58) -8.54% State Grants 1,765,556.88 13,851,972.27 10,797,910.00 (3,054,062.27) -22.05% Local 5,207,017.69 5,522,391.00 6,478,356.00 955,965.00 17.31% Interest 9,924.38 20,000.00 20,000.00 - 0.00% Other 51,662.44 51,000.00 60,000.00 9,000.00 17.65% SJCOG OPERATING REVENUE 12,401,300.06 26,704,682.85 23,995,953.00 (2,708,729.85) -10.14% EXPENDITURES Salaries & Benefits 4,068,938.40 5,153,228.26 5,148,342.22 (4,886.04) -0.09% Services & Supplies 981,384.57 1,121,300.00 1,197,800.00 76,500.00 6.82% Office Expense 284,346.72 261,500.00 298,000.00 36,500.00 13.96% Communications 58,827.07 60,000.00 60,000.00 - 0.00% Memberships 34,372.11 45,000.00 45,000.00 0.00% Maintenance - Equipment 4,531.64 10,000.00 10,000.00 - 0.00% Rents & Leases - Equipment 97,230.00 125,000.00 131,000.00 6,000.00 4.80% Transportation,Travel & Training (In & Out of State) 8,485.68 66,000.00 100,000.00 34,000.00 51.52% Publications & Legal Notices 8,539.52 7,500.00 7,500.00 - 0.00% Insurance 137,046.83 146,300.00 146,300.00 0.00% Building Operations & Maintenance 194,115.00 200,000.00 200,000.00 0.00% SJCOG Building Debt Service Principal and Interest 153,890.00 200,000.00 200,000.00 0.00% Professional Services 5,945,599.90 20,234,654.59 17,454,310.78 (2,780,343.81) -13.74% Capital Outlay 71,482.52 195,500.00 195,500.00 0.00% Unallocated/Reserve SJCOG OPERATING EXPENDITURES 11,067,405.39 26,704,682.85 23,995,953.00 (2,708,729.85) -10.14% RESOLUTION SAN JOAQUIN COUNCIL OF GOVERNMENTS R-22-68 RESOLUTION APPROVING THE ADOPTION OF THE 2022-2023 ANNUAL FINANCIAL PLAN FOR THE SAN JOAQUIN COUNCIL OF GOVERNMENTS WHEREAS, the San Joaquin Council of Governments is required by the Joint Powers Agreement to adopt a budget (Annual Financial Plan) annually, and WHEREAS, the adopted budget is to be sent to the member agencies for ratification. NOW THEREFORE BE IT RESOLVED, that the San Joaquin Council of Governments adopts the FY 2022-2023 Annual Financial Plan and directs the Executive Director to transmit it to the member agencies for ratification. PASSED AND ADOPTED this 24th day of March 2022 by the following vote of the San Joaquin Council of Governments, to wit: AYES: Councilmember Canepa, Stockton; Councilmember Jobrack, Stockton; Councilmember Kuehne, Lodi; Supervisor Miller, SJC; Supervisor Rickman, SJC; Councilmember Singh, Manteca; Supervisor Winn, SJC; Councilmember Wright, Stockton; Mayor Young, Tracy; Councilmember Zuber NOES: ABSENT: Councilmember Bellinger, Escalon; Vice Mayor Lazard, Lathrop Docu Signed byIbA: FAL. V C18474F2803@405... LEO M. ZUBER, Chair RESOLUTION NO. 2022-111 A RESOLUTION OF THE LODI CITY COUNCIL RATIFYING THE SAN JOAQUIN COUNCIL OF GOVERNMENTS' 2022/23 ANNUAL FINANCIAL PLAN WHEREAS, the San Joaquin Council of Governments (SJCOG) has approved its fiscal year 2022/23 budget by adopting Resolution No. R-22-68, as shown on Exhibit A; and WHEREAS, SJCOG is required to forward such Resolution to its member governments for their review and ratification. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby ratify the 2022/23 Annual Financial Plan for SJCOG. Dated: May 4, 2022 I hereby certify that Resolution No. 2022-111 was passed and adopted by the City Council of the City of Lodi in a regular meeting held May 4, 2022, by the following vote: AYES: COUNCIL MEMBERS — Khan, Kuehne, Nakanishi, and Mayor Chandler NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — Hothi ABSTAIN: COUNCIL MEMBERS — None PAMELA M. FARRIS Assistant City Clerk 2022-111 Exhibit A RESOLUTION SAN JOAQUIN COUNCIL OF GOVERNMENTS R-22-68 RESOLUTION APPROVING THE ADOPTION OF THE 2022-2023 ANNUAL FINANCIAL PLAN FOR THE SAN JOAQUIN COUNCIL OF GOVERNMENTS WHEREAS, the San Joaquin Council of Governments is required by the Joint Powers Agreement to adopt a budget (Annual Financial Plan) annually, and WHEREAS, the adopted budget is to be sent to the member agencies for ratification. NOW THEREFORE BE IT RESOLVED, that the San Joaquin Council of Governments adopts the FY 2022-2023 Annual Financial Plan and directs the Executive Director to transmit it to the member agencies for ratification. PASSED AND ADOPTED this 24th day of March 2022 by the following vote of the San Joaquin Council of Governments, to wit: AYES: Councilmember Canepa, Stockton; Councilmember Jobrack, Stockton; Councilmember Kuehne, Lodi; Supervisor Miller, SJC; Supervisor Rickman, SJC; Councilmember Singh, Manteca; Supervisor Winn, SJC; Councilmember Wright, Stockton; Mayor Young, Tracy; Councilmember Zuber NOES: ABSENT: Councilmember Bellinger, Escalon; Vice Mayor Lazard, Lathrop Dor uSig ned by. At. (hv C1347.tF2YA'1405. LEO M. ZUBER, Chair