Loading...
HomeMy WebLinkAboutAgenda Report - May 3, 2023 C-08CITY OF AGENDA ITEM Z100 � x i CALIFORNIA COUNCIL COMMUNICATION AGENDA TITLE: Adopt Resolution Ratifying the San Joaquin Council of Governments' Annual Financial Plan for Fiscal Year 2023/24 MEETING DATE: May 3, 2023 PREPARED BY: Public Works Director RECOMMENDED ACTION: Adopt resolution ratifying the San Joaquin Council of Governments' Annual Financial Plan for Fiscal Year 2023/24. BACKGROUND INFORMATION: A summary of the San Joaquin Council of Governments' (SJCOG) Annual Financial Plan (AFP) for Fiscal Year 2023/24 is attached as Exhibit A. The SJCOG Board adopted the AFP on March 23, 2023 (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: 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. FUNDING AVAILABLE: Not applicable. ek—�Sj� Charles E. Swimley, Jr. Public Works Director CES/CES/cd Attachments cc: Janice C. Magdich, City Attorney Steve Dial, COG Deputy Executive Director/Chief Financial Officer APPROVED: sGm tcvescn r<<nQ�i�,�©��os:aoran Stephen Schwabauer, City Manager \\cvcfilv02\pubwksS\WP\COUNCIL\2023\CC SJCOG AFP 2023.doc 3/27/2023 DocuSign Envelope ID: 9D626793-E7E8-4D22-B6B2-7E4DF2D9B322 San Joaquin Council of Governments ANNUAL FINANCIAL PLAN Fiscal Year 2023/2024 Proposed Final March 23, 2023 FY 2021-22 FY 2022-23 FY 2023-24 +/- +/- REVENUES Actual Amendment#3 I Proposed Final Change %Change Federal Grants 5,095,875.06 9,646,688.20 11,175,862.00 1,529,173.80 15.85% State Grants 3,592,632.34 12,077,932.42 22,443,157.00 10,365,224.58 85.82% Local 5,778,141.34 6,847,246.59 7,988,221.00 1,140,974.41 16.66% Interest 10,723.00 20,000.00 20,000.00 0.00% Other 73,824.96 60,000.00 60,000.00 0.00% SJCOG OPERATING REVENUE 14,551,196.70 28,651,867.21 41,687,240.00 13,035,372.79 45.50% EXPENDITURES Salaries & Benefits 4,486,781.28 5,312,472.93 6,281,809.00 969,336.07 18.25% Services & Supplies 1,077,170.21 1,212,800.00 1,338,500.00 125,700.00 10.36% Office Expense 336,434.13 313,000.00 338,000.00 25,000.00 7.99% Communications 60,810.26 60,000.00 60,000.00 - 0.00% Memberships 34,890.58 45,000.00 45,000.00 0.00% Maintenance - Equipment 5,199.74 10,000.00 10,000.00 0.00% Rents & Leases - Equipment 51,493.74 131,000.00 131,000.00 - 0.00% Transportation,Travel & Training (In & Out of State) 83,703.41 100,000.00 125,000.00 25,000.00 25.00% Publications & Legal Notices 3,919.22 7,500.00 7,500.00 - 0.00% Insurance 174,019.45 146,300.00 205,000.00 58,700.00 40.12% Building Operations & Maintenance 217,331.92 200,000.00 217,000.00 17,000.00 8.50% SJCOG Building Debt Service Principal and Interest 109,367.76 200,000.00 200,000.00 - 0.00% Professional Services 8,059,048.90 21,746,094.28 33,686,431.05 11,940,336.77 54.91% Capital Outlay 120,336.29 380,500.00 380,500.00 0.00% Unallocated/Reserve SJCOG OPERATING EXPENDITURES 1 13,743,336.68 28,651,867.21 1 41,687,240.05 j 13,035,372.84 45.50% DocuSign Envelope ID: 9D626793-E7E8-4D22-B6B2-7E4DF2D9B322 RESOLUTION SAN JOAQUIN COUNCIL OF GOVERNMENTS LEI R-23-104 RESOLUTION APPROVING THE ADOPTION OF THE 2023-2024 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 2023-2024 Annual Financial Plan and directs the Executive Director to transmit it to the member agencies for ratification. PASSED AND ADOPTED this 23rd day of March 2023 by the following vote of the San Joaquin Council of Governments, to wit: AYES: Mayor Bellinger, Escalon; Supervisor Ding, SJC; Mayor Lincoln, Stockton; Supervisor Rickman, SJC; Mayor Singh, Manteca; Supervisor Villapudua, SJC; Councilmember Warmsley, Stockton-, Councilmember Wright, Stockton; Mayor Young, Tracy; Vice Mayor Zuber, Ripon NOES: ABSENT: Mayor Pro Temp, Craig, Lodi, Councilmember Lazard, Lathrop ROBERT RICKMAN, Chair RESOLUTION NO. 2023-82 A RESOLUTION OF THE LODI CITY COUNCIL RATIFYING THE SAN JOAQUIN COUNCIL OF GOVERNMENTS' 2023/24 ANNUAL FINANCIAL PLAN WHEREAS, the San Joaquin Council of Governments (SJCOG) has approved its Fiscal Year 2023/24 budget by adopting Resolution No. R-23-104, 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 hereby ratifies the 202/24 Annual Financial Plan for SJCOG. Dated: May 3, 2023 I hereby certify that Resolution No. 2023-82 was passed and adopted by the City Council of the City of Lodi in a regular meeting held May 3, 2023, by the following vote: AYES: COUNCIL MEMBERS — Bregman, Craig, Nakanishi, Yepez, and Mayor Hothi NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None OLIVIA NASHED City Clerk 2023-82 Exhibit A RESOLUTION SAN JOAQUIN COUNCIL OF GOVERNMENTS R-23-104 RESOLUTION APPROVING THE ADOPTION OF THE 2023-2024 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 2023-2024 Annual Financial Plan and directs the Executive Director to transmit it to the member agencies for ratification. PASSED AND ADOPTED this 23rd day of March 2023 by the following vote of the San Joaquin Council of Governments, to wit: AYES: Mayor Bellinger, Escalon; Supervisor Ding, SJC; Mayor Lincoln, Stockton; Supervisor Rickman, SJC; Mayor Singh, Manteca; Supervisor Villapudua, SJC; Councilmember Warmsley, Stockton; Councilmember Wright, Stockton; Mayor Young, Tracy; Vice Mayor Zuber, Ripon NOES: ABSENT: Mayor Pro Temp, Craig, Lodi; Councilmember Lazard, Lathrop r R013ERT RICKMAN, Chair