MAYOR
THOMAS J. DAVIDS
MEMBERS OF THE CITY COUNCIL
BRAD LEWIS, VICE MAYOR INGE TIEGEL DOHERTY
BOB GRASSILLI MATT GROCOTT
CITY TREASURER
MICHAEL J. GALVIN
CITY STAFF
MARK WEISS
City Manager
BRIAN A. MOURA
Assistant City Manager
JEFF MALTBIE
Administrative ServicesDirector
CHRISTINE BOLAND
City Clerk
REBECCA MENDENHALL
Finance Officer
ROBERT J. LANZONE
City Attorney
GREG ROTHAUS
Police Chief
PARVIZ MOKHTARI
Public Works Director/ City
Engineer
BARRY WEISS
Parks & Recreation Director
AL SAVAY
Community Development
Director
CITY OF SAN CARLOS ii ADOPTED 2007- 2008 BUDGET
ACKNOWLEDGEMENTS
Cover Design: Jasmine Frost
Budget Book Preparation: City of San Carlos’ Finance Department
Mary Nakamura Beth Liu Marilyn Maytum
Tammy Mak Linda Navarro Diane Stow
Jun Nguyen Crystal Duong Yulia Rasulova
TABLE OF CONTENTS
PAGE #
CITY OF SAN CARLOS iii ADOPTED 2007- 2008 BUDGET
BUDGET OVERVIEW
Budget Message...................................................................................................................... 1
2006- 2007 Financial Performance .............................................................................. 1
Impact of State and Federal Budgets and Legislation ................................................. 4
Cost Cutting and Revenue Generating Efforts ............................................................ 5
2007- 2008 Budget Overview ...................................................................................... 5
Budget Summary......................................................................................................... 6
Operating Budget ................................................................................................ 6
Capital Improvement Budget .............................................................................. 9
Redevelopment Agency .................................................................................... 10
Other Programs ................................................................................................. 11
Conclusion................................................................................................................. 11
Basis for Budget Preparation ................................................................................................ 15
Major Funds Summary.............................................................................................. 16
Annual Appropriation Limit - Fiscal 2007- 2008 ................................................................... 19
Appropriations Limit Calculations............................................................................ 20
Chart of Funds Subject to Appropriation .................................................................. 21
Resolution Adopting Prop 4 Gann Appropriation ( 2007- 2008)................................ 22
Resolution Adopting 2007- 2008 Budget .............................................................................. 23
Awards......................................................................................................................... ........ 25
FINANCIAL SUMMARIES
Fund Balances: Operating, Capital & Other Budgets............................................................ 27
Fund Balance Status ( Multi- Year Trend) ............................................................................... 30
General Fund Projections ....................................................................................................... 31
Inter- fund Transfer Detail....................................................................................................... 32
Restricted Fund Balance ......................................................................................................... 35
REVENUES
Revenue Summary.................................................................................................................. 37
Revenue Assumptions ............................................................................................................ 37
Description of Major General Fund Revenue Sources ........................................................... 37
Revenues by Major Category & Source…………………………………………………….. 39
Revenue Detail by Fund .......................................................................................................... 41
General Fund Revenue ( Multi- Year Comparison)…………………………………………... 49
Top Revenue Sources ( Multi- Year Trend)………………………………………………… .. 51
Sales Tax Revenue ( Sales by Service Type) ........................................................................ .. 52
Sales Tax Revenue ( Sales by Major Area) .......................................................................... .. 53
Sales Tax Revenue ( Sales by Detailed Area) ...................................................................... .. 54
EXPENDITURES
Expenditure Detail by Fund.................................................................................................... 55
General Fund Expenditure ..................................................................................................... 58
Comparative Expense ............................................................................................................. 59
TABLE OF CONTENTS
PAGE #
CITY OF SAN CARLOS iv ADOPTED 2007- 2008 BUDGET
ORGANIZATIONAL CHARTS, WORK PROGRAMS & DEPARTMENTAL BUDGETS
General Government
City- wide Organizational Chart .......................................................................................... 61
Boards, Commissions and Committees Organization Chart............................................... 62
City Council ........................................................................................................................ 63
City Manager....................................................................................................................... 67
SAMCAT .................................................................................................................. 74
City Attorney....................................................................................................................... 77
City Clerk.......................................................................................................................... . 83
City Treasurer ..................................................................................................................... 87
Administrative Services Department .................................................................................. 91
Finance Division ........................................................................................................ 101
Human Resources…………………………………………………………………... 106
Information Technology……………………………………………………………. 110
Workers’ Compensation……………………………………………………………. 114
Risk Management …………………………………….……………………………... 116
Library Tenant………...……………………………………………………………. 120
Community Development
Community Development Department .............................................................................. 125
Building Department................................................................................................ .. 128
Planning Department . ............................................................................................ .. 132
Redevelopment Agency – Housing ............................................................................ 138
Affordable Housing In- Lieu………………………………………………………… 148
Parks & Recreation
Parks & Recreation Department....................................................................................... 151
Administration ........................................................................................................... 152
Recreation Programs Division ................................................................................... 158
Building Maintenance................................................................................................ 162
Park Maintenance ...................................................................................................... 164
Public Safety
Police Department ............................................................................................................ 167
Administration........................................................................................................... .168
Investigation ................................................................................................................ 176
Patrol……………………………………………………………………………….... 178
Belmont- San Carlos Fire Department ................................................................................ 185
Public Works
Public Works Department ................................................................................................ 189
Public Works Administration ........................................................................................... 190
Fleet Maintenance ……...…………………………………………………………... 194
Street Maintenance……… ………………………………………………………..... 196
Traffic Control ......................................................................................................... .. 198
Sanitary Sewer Maintenance & Treatment .............................................................. .. 200
Storm Drain Maintenance…………………………………………………………… 202
PERSONNEL SUMMARY
Summary of Full- time Positions....................................................................................... 211
Summary of Elected and Appointed Officials.................................................................. 212
TABLE OF CONTENTS
PAGE #
CITY OF SAN CARLOS v ADOPTED 2007- 2008 BUDGET
Summary by Department ................................................................................................. 213
Summary of Employee Compensation & Benefits .......................................................... 219
CAPITAL IMPROVEMENT PROGRAM
Sewer Replacement Fund................................................................................................. 221
Gas Tax Fund ................................................................................................................... 221
Capital Improvement Fund............................................................................................... 221
Park In- Lieu Fund ............................................................................................................ 224
Redevelopment Agency Housing..................................................................................... 224
Redevelopment Agency - General Bond Proceeds .......................................................... 225
Redevelopment Agency Housing Bond Proceeds.......................................................... .. 225
Unfunded List................................................................................................................. .. 226
DEBT SERVICE
Debt Schedule .................................................................................................................. 229
2005 General Obligation Bond Debt Service Schedule ................................................... 230
California energy Commission ECAA— AB29X Final Loan Amortization Schedule
( HVAC Loan)................................................................................................................... 231
San Carlos Redevelopment Agency Tax Allocation Refunding Bonds, 1997 Series A
and 1995 Bonds combined Debt Service Schedule ( ABAG Tax Revenue
& Refunded TAB).......................................................................................................... .232
San Carlos Redevelopment Agency Schedule III Installment Obligation Payments
( San Carlos Elms) ........................................................................................................... 233
Exhibit B, 657 Walnut, Form of Installment Note ......................................................... .241
Outstanding Bond Issuances and Assessment Districts Purpose & Background........... .242
STATISTICAL INFORMATION
San Carlos Community Economic Profile ....................................................................... 245
Location & Climate ................................................................................................... 245
Economic Growth & Trends...................................................................................... 245
Employment............................................................................................................... 246
Community Facilities................................................................................................. 247
Development Information.......................................................................................... 247
Government Facilities, Tax and Insurance Rates ...................................................... 247
Real Estate ................................................................................................................. 248
Transportation............................................................................................................ 248
Remarks..................................................................................................................... 248
GLOSSARY ........................................................................................................................ 249
CITY OF SAN CARLOS vi ADOPTED 2007- 2008 BUDGET
This Page Intentionally Left Blank
CITY OF SAN CARLOS 1 ADOPTED 2007- 2008 BUDGET
CITY OF SAN CARLOS
CITY COUNCIL
THOMAS J. DAVIDS, MAYOR
BRADFORD LEWIS, VICE MAYOR
ROBERT GRASSILLI, JR.
INGE TIEGEL DOHERTY
MATTHEW B. GROCOTT
CITY MANAGER
600 Elm Street
SAN CARLOS, CA 94070- 1309
TELEPHONE ( 650) 802- 4228
FAX ( 650) 595- 6729
WEB:
http:// www. cityofsancarlos. org
June 11, 2007
Honorable Mayor and City Councilmembers
City of San Carlos
600 Elm Street
San Carlos, CA 94070- 3018
Dear Mayor and Members of Council:
I am pleased to present the attached Proposed 2007- 2008 Annual Operating Budget for the City of San
Carlos for your review and adoption. This is a one- year budget cycle which continues the change made a
year ago from the two- year budgets presented during the last several fiscal years.
The purpose of the budget process is to identify the fiscally sustainable services which the City may
reasonably expect to provide within the context of the City’s limited financial resources. In accomplishing
this purpose, the Proposed Fiscal Year 2007- 2008 Annual Budget addresses the City’s $ 108,000 structural
deficit through a combination of revenue enhancements and expenditure reductions. The 2007- 2008
Proposed Budget is the result of input received from the 2006- 2007 mid- year budget review, the May 2007
Council Study Session, an inclusive and interactive staff review process, as well as City Council’s
direction throughout the year. This document contains a status report on the 2006- 2007 fiscal year, the
proposed Operating Budget for fiscal year 2007- 2008, and the five- year Capital Improvement Program
Budget, as well as the proposed Work Program.
2006- 2007 FINANCIAL PERFORMANCE
The City’s financial performance in the 2006- 2007 fiscal year is projected to be better than budgeted. The
table below compares the Adopted Budget, Amended Budget and Estimated revenues and expenditures
for the General Fund, the City's primary operating fund. Expenditures will be under the Amended
Budget, and revenues will end the year significantly higher. This “ net savings” outcome is experienced
because the City budgets revenues conservatively and maintains expenditures within budgeted
parameters. The biggest factors in this net savings are growth in residential property values, sales tax,
Transient Occupancy Tax ( TOT), general development activity, and one- time revenues ( primarily the full
property tax ERAF rebate from the County) coupled with savings from vacant positions and departmental
efforts to reduce costs wherever possible. As the table below indicates, General Fund revenue,
expenditure and transfer improvements over the Amended fiscal year 2006- 2007 budget total $ 1.8
million, enabling the use of funds for other programs and capital projects in fiscal year 2007- 2008. A
significant portion of these funds are proposed to be used in 2007- 2008 to fund the GASB 45 Reserve and
CITY OF SAN CARLOS 2 ADOPTED 2007- 2008 BUDGET
as a loan to the NPDES Fund to bring it into balance. Once the fiscal year 2006- 2007 is officially closed,
the City Manager will bring forward a recommendation on funding the $ 475,000 for the Equipment
Replacement Reserve for 2007- 2008. As part of the 2006- 2007 Budget, Council approved fund transfers
of $ 50,000 from Fund 14 ( Measure A) and $ 500,000 from Fund 25 ( Capital) to bring balance to Fund 16
( Gas Tax) for fiscal year 2005- 2006. As can be seen, the General Fund’s projected year- end position is
$ 1.8 million better than the Adopted Budget.
2006- 2007 General Fund ($, millions)
Beginning
Year Budget
Amended
Budget*
Estimated Estimate vs.
Amended Budget
Revenues 22.1 22.1 23.1 $ 1.0
Expenditures 25.0 25.5 24.7 < 0.8>
Net Transfers 1.9 1.9 1.9 0.0
Util. Prior Yr
Savings
< 1.0> < 1.5> 0.3 1.8
* Amended Budget includes mid- year and other adjustments to revenues and appropriations made by the City Council during the fiscal
year.
From 1995 through 2000, San Carlos realized the full, positive impact of being part of the Silicon Valley
economy. As we benefited from the tremendous growth in the technology sector, so have we suffered
from that sector's dramatic retreat. Office vacancies soared several years ago, and while they have begun
to recover slightly, are still too high to support present commercial property values. Economic indicators
point to an improving economy with Sales Tax, Property Tax and TOT all showing slightly better than
expected growth over the past year.
Even with limited resources and the continued need to reduce operational costs, the City was able to
address the following funding objectives during the 2006- 2007 fiscal year:
Council Strategic Planning – In 2006- 2007 the City Council and Executive Management staff continued
the Retreat and Strategic Planning Process begun in 2005- 2006. The process resulted in the review of City
goals and the creation of numerous accompanying six- month implementation objectives. Numerous
objectives from this strategic planning process have been funded in the 2007- 2008 budget. The strategic
planning process has been funded and will continue in 2007- 2008.
Fire Department Restructuring & Funding
The City Council and City staff spent countless hours over the past year in working with the Fire JPA
Board and the Belmont Fire Protection District Board to reinvent the Fire JPA formerly known as the
South County Fire Protection District, now known as the Belmont- San Carlos Fire Department. After the
failure of a Fire Assessment in both San Carlos and Belmont a new JPA agreement has been written and
approved by the City and the Fire District to save the joint fire department from dissolution. The new
agreement contains a new funding formula comprised of several calculation variables including service
calls, property valuation, and staffing levels. In fiscal year 2007- 2008 the new funding formula takes
effect and San Carlos will begin to pay for approximately 52% of the joint fire costs.
Measure G – Measure G is a parcel tax approved by the voters on November 2, 1999 to raise money for
future improvements/ acquisition of parks and recreation improvements/ facilities. The City matches the tax
receipts with a contribution from the General Fund. Annual receipts average just over $ 60,000 and by the
end of this fiscal year the reserve will total approximately $ 871,000. Reserve funds cannot be used until
the seventh year of the ten- year tax. This makes these funds eligible in fiscal year 2007- 2008.
CITY OF SAN CARLOS 3 ADOPTED 2007- 2008 BUDGET
CIP Projects – Capital projects that were completed or initiated during the year include: Sewer System
Rehabilitation, Storm Drain Improvements, Street Resurfacing, Kiwanis Building Roof, Records
Management, Financial and Human Resources Software ( ERP) enhancements, Telephone System
Replacement, Sidewalk Reconstruction.
NPDES Fund Balancing – In 2006- 2007, the General Fund made a transfer in the form of a loan to
NPDES in the amount of $ 500,000 to balance this Fund. In fiscal year 2007- 2008, the General Fund will
make an additional loan of $ 110,000 to NPDES to bring the Fund into balance. Until NPDES charges are
raised in San Carlos the General Fund will continue to subsidize this Fund either through future loans or
the inability of the NPDES Fund to repay the existing loan.
Gas Tax Fund Balancing – In fiscal year 2005- 2006, the General Fund made a transfer in the form of a
loan to the Gas Tax Fund in the amount of $ 500,000 to bring this Fund into balance. This Fund remains
balanced and no future loans are planned. It is likely that the Gas Tax Fund will begin repaying the
General Fund in fiscal year 2008- 2009.
Equipment Replacement Fund – In fiscal year 2006- 2007, the City re- established, as part of the budget,
the equipment replacement fund. Funding for the year was approximately $ 788,000 from General Fund
and non- General Fund sources. Of the total funding, $ 600,000 was consolidated from various Department
budgets and additional funding was allocated from the General Fund Balance. Funding in 2006- 2007 was
approximately $ 75,000 short to meet the existing equipment replacement needs as identified on the
replacement schedule. In 2007- 2008 the full funding request for equipment replacement has been
withheld pending the closure of the current fiscal year. A funding proposal will be forthcoming in the fall
of 2007 after fiscal year 2006- 2007 has been closed. Currently the proposed 2007- 2008 Budget contains
less than 50% of the funding necessary to meet the City’s scheduled replacement needs.
Technology Replacement Reserve – In fiscal year 2006- 2007, the City created as part of the budget a
technology replacement fund. Most of the funding was consolidated from various Department budgets
into one centralized location. A replacement schedule and procedures have been created. Additional
funding was added to the budget in 2006- 2007 which is now part of the base budget for 2007- 2008. This
replacement fund is currently at $ 123,000 per year which is $ 50,000 short of being fully funded. A
funding proposal will be forthcoming in the fall of 2007 after fiscal year 2006- 2007 has been closed.
GASB 45 Reserve
In 2004, the Government Accounting Standards Board issued Statement No. 45, Accounting and Financial
Reporting by Employers for Post- Employment Benefits Other Than Pensions, which requires public
agencies to report their costs and obligations for post- employment healthcare and other post employment
benefits. In 2006- 2007 an actuarial study was performed to determine the City’s GASB 45 liability. In
addition, the budget also included $ 500,000 from the City’s Unappropriated Fund Balance to establish a
GASB 45 reserve. An additional $ 375,000 will be added to this fund in fiscal year 2007- 2008.
Building & Library Reserves – The Restricted General Fund Building Reserve account balance is
approximately $ 340,000 after funding the remodel of the 1st and 2nd floors of City Hall. No additional
contributions are included in the coming year. The City Council also directed that the General Fund be
reimbursed for Library tenant improvement costs ($ 800,000) from Library tenant rents, which was
completed during 2004- 2005. Beginning in 2005- 2006 cumulative annual rental income of approximately
$ 175,000 income is being set aside for maintenance and upkeep, and to build a Library building reserve.
By the end of the 2007- 2008 fiscal year this reserve will total approximately $ 314,000.
Economic Uncertainties Reserve - Five years ago this reserve's balance of $ 2.5 million was committed to
completion of the San Carlos Library. The Council directed that this reserve be rebuilt, and in 2001- 2002
CITY OF SAN CARLOS 4 ADOPTED 2007- 2008 BUDGET
we were able to complete that commitment - returning the Reserve for Economic Uncertainties balance to
$ 2.5 million.
Property Acquisition Reserve – During the 2002- 2003 fiscal year, the City sold four parcels on San
Carlos Avenue to the Redevelopment Agency for $ 1,070,000. Sale proceeds have been set aside in Fund
25 for future real property acquisitions.
IMPACT OF STATE AND FEDERAL BUDGETS AND LEGISLATION
As in the past, State and Federal budgets and mandates continue to impact the City budget. Since 1991- 92,
the cumulative net impact of State cuts on City revenues and fees is projected to be over $ 11 million by the
end of fiscal year 2005- 2006. In 2002- 2003, Redevelopment Agencies statewide were hit by another State
grab, this one totaling $ 75 million. In 2003- 2004, that grab was increased statewide to $ 235 million. This
most recent State takeaway reduces the economic development funds the City has available to stimulate
the local economy and help local businesses.
In 2004, the League of California Cities, together with a broad coalition of County and Special District
Associations, the Governor, State Legislature, and individuals throughout our community and the State
were successful in passing Proposition 1A. As part of an agreement with the Governor, local governments
agreed to allow the State to take additional contributions from Cities in FY 2003- 2004 & 2004- 2005. As a
result, San Carlos has seen additional funding of $ 477,000 from the General Fund and $ 370,000 from the
San Carlos Redevelopment Agency diverted to the State. In 2005- 2006, the State repaid the amount taken
in 2003- 04 from the promised Vehicle License Fee backfill ($ 507,000) and in 2006- 2007 began a five- year
repayment of unfunded mandates ( estimated to be approximately $ 240,000 per year). This measure now
constitutionally protects the remaining sources of local government revenues from being taken by the State
except in extreme financial conditions where the State may “ borrow” local government revenue with
provisions for future repayment. Proposition 1A passed with 83.7% voter approval, a record high level of
voter support for a California Ballot Measure.
Pending Legislation:
SB 286 Transportation bonds: This bill is the League sponsored proposal for accelerated distribution of
the $ 2 billion in local street and road funds. Under the proposal cities would guarantee that every city will
receive at least half ( and up to their full amount) of their Prop 1B funds to spend in the next two fiscal
years. The bill requires the city/ county to submit documentation of the expenditure of the bond funds to the
Department of Finance, including the name of each project, the location, the amount of the expenditure,
and the completion date and estimated useful life.
SB 303 Local Government: land use planning. This legislation proposes significant changes to the existing
system of land use. The bill requires each element in the general plan to be updated as needed every 10
years. The Regional Housing Needs Assessment ( RHNA) planning period would stay at five years but
local agencies would be given a 10- year number. Cities will have to zone for five years and designate
intended areas to zone for the second five years.
Finally, if any attempt is made to change the formula for Prop 42 funds this could have a major
impact on local government. Prop 42 ( Transportation Congestion Improvement Act) funding is
used for public transit and mass transportation; city and county street and road repairs and
improvements; and state highway improvements. The current proposal is to eliminate the “ Spill
Over” money and change the distribution of Prop 42 funding. Although this has a benefit to cities
in the first few years, because gas prices are currently at an all- time high, it does have a
significant potential negative impact in the future if gas prices fall.
CITY OF SAN CARLOS 5 ADOPTED 2007- 2008 BUDGET
COST CUTTING AND REVENUE GENERATING EFFORTS – FY 2001/ 2002 – 2007/ 2008
For several years, staff has been working to streamline operations and bring down the cost of running the
City, as well as finding new ways to fund City programs. In 2001- 2002, expenditures were cut by $ 2.5
Million to meet the slumping economy. City departments trimmed an additional $ 2.2 million in the 2002-
2004 budget. Again in February 2004, the Council adjusted mid- year revenues and expenditures by
$ 754,000. In 2005- 2006 City Council adjusted revenues and expenditures by approximately $ 1.3 million.
In the 2006- 2007 Budget there were an additional $ 2.5 million of adjustments to revenues and
expenditures designed to address the City’s on- going structural budget deficit. The proposed 2007- 2008
Budget contains an additional $ 108,000 in structural adjustments. The result of these changes is reflected
in the Work Program and throughout the 2007- 2008 Proposed Annual Budget.
2007- 2008 BUDGET OVERVIEW
The economic downturn, beginning March 2001, significantly impacted several of the City’s major
General Fund revenue sources, such as Sales Tax, Transient Occupancy Tax ( TOT), and Investment
Earnings. Sales Tax revenue, TOT and Investment Earnings have all stabilized, with TOT and Investment
Earnings showing healthy growth. On the expenditure side, certain costs continue to increase – employee
medical insurance premiums, California Public Employees Retirement System ( PERS) employer
contributions, Cost of Living Adjustments ( COLAs), GASB 45, SBSA sewer charges, and utility & fuel
costs. Since personnel costs comprise the majority of local government expenses, even small percentage
increases in salary and benefit costs have a significant impact on the City’s expenses. Medical and PERS
costs will continue to be a significant expense in 2007- 2008, with medical costs expected to increase 10%
and PERS costs to the City reaching approximately 36% of salary for safety employees and 17% for
miscellaneous employees. In 2007- 2008 expenditure growth is expected to continue to slightly outpace
corresponding revenue growth. It is anticipated that the City will need to make additional adjustments in
future years to ensure the budget remains in balance.
The Proposed 2007- 2008 operating budget expenditures for the General Fund are up $ 1.3 million from the
2006- 2007 estimate, which is primarily due to personnel costs, including PERS retirement and medical
cost increases and increased funding for GASB 45 – Post Employment Retiree Medical liabilities. General
Fund revenues are expected to grow $ 1.0 million from the 2006- 2007 Amended Budget due to growth in
residential property tax values, sales tax, TOT, and investment earnings offsetting a $ 160,000 reduction in
Zoning revenue and the loss of $ 22,000 generated by providing services to outside governmental
organizations. Sewer revenues are projected to increase by $ 1.3 million from 2006- 07 ( pending specific
City Council authorization to raise rates) adopted numbers, but the revenue increase is offset by increasing
expenditures attributable to contractual increases for SBSA treatment charges, inclusion of City overhead
charges to the Sewer Fund and $ 1.3 million sewer system improvement project.
CIYTWIDE BUDGET – ALL
FUNDS($ Millions)
Expenditures 2006- 07
Amended
2006- 07
Estimate
2007- 08
Budget
General Fund 25.5 24.7 26.0
Sewer 6.9 5.2 6.5
Redevelopment Agency 3.8 3.1 3.2
All Other Operating Funds 2.3 2.0 2.2
Total Operating Funds 38.5 35.0 37.9
Capital Improvement Funds 4.7 2.8 4.8
Total Operating & Capital Budget 43.2 37.8 42.7
CITY OF SAN CARLOS 6 ADOPTED 2007- 2008 BUDGET
The City budget includes 20 different funds. Rather than discuss the status of each of these funds, we
group the budget summary into five components: the Operating budget, Sewer, Capital Improvement
Program budget, Redevelopment Agency and Other Programs budget.
1. OPERATING BUDGET
The Operating budget funds the day- to- day, on- going services delivered by the City. Included in the
Operating Funds are the General Fund and the Sewer Fund. The largest component of this program area is
public safety, comprising 52% of the General Fund Operating expenditure budget.
Revenue Analysis
A complete analysis of the City's revenues is shown within the " Revenues" section of the budget
document. In 2006- 2007, General Fund revenues were budgeted at $ 22.1 million with actual revenue
estimated to be $ 23.1 million. We are projecting General Fund revenues of $ 23.2 million in 2007- 2008.
For the last several years national economic news reports indicated that the nation was in a modest to
healthy recovery from a mild recession. Over the last year and a half, Bay Area and local data has
confirmed this for San Carlos.
San Carlos Sales Tax and Transient Occupancy Tax receipts have shown healthy increases. Property Tax
revenues in 2006- 2007 were up slightly, in part due to a “ one- time” County ERAF refund. Underlying
property tax growth is far more modest, tempered by the potential for reductions in commercial property
valuations, as has occurred in the RDA. Sales Tax revenue stabilized in 2004- 2005 and is expected to
continue growing at an average rate in 2007- 2008. Investment income is also projected to be slightly
higher in the coming year.
• Projected total General Fund revenue of $ 23.2 million, roughly equivalent to estimated revenues
for fiscal year 2006- 2007;
• Projected Sales Tax Revenue increase of 4% over 2006- 07 budget totaling $ 5,127,000;
• Property Tax increase of 6% over 2006- 07 budget totaling $ 8,706,000;
• Transient Occupancy Tax increase of 14% over 2006- 07 budget totaling $ 650,000;
• Slight decreases in other fees for service partially due to the anticipated revenue declines
associated with the reduction of Zoning revenue and loss of revenue to provide services to outside
government agencies.
Minor Revenue and Classification changes include several accounting adjustments to more accurately
reflect and account for time spent by staff per Fund, including time spent on solid waste collection.
Expenditure Analysis
The City Council adopted the 2006- 2007 Annual Operating Budget on June 26, 2006. The Council
amended the budget several times to adjust to State actions, economic conditions and Council priorities.
The 2006- 07 Budget was structurally balanced and anticipated a $ 1.9 million General Fund Unallocated
Balance. The estimated Unallocated Fund Balance for June 2007 is projected at $ 3.1 million. The
proposed 2007- 2008 Unallocated Fund Balance ( June 2008) is $ 2.7 million. The 2007- 2008 proposed
budget anticipates that all funds are balanced and will end the year with positive fund balances.
Base Budget Assumptions:
Base budget projections for FY 2007- 2008 reflected a structural budget deficit of $ 108,000, a significant
CITY OF SAN CARLOS 7 ADOPTED 2007- 2008 BUDGET
improvement from last year’s $ 2.5 million deficit.
Base Budget Expenditures:
• Projected total General Fund expenses of $ 26.0 million ( as compared to FY 2006- 2007 projected
actual expenses of $ 24.7);
• Salary and Benefit Projections have been funded at 100% including required cost of living, Public
Employees Retirement System ( PERS), and medical increases;
• Base operating expenses were increased by 2%;
• Wastewater Treatment service expenses were increased by 10% to reflect a similar percentage
increase in South Bayside Sanitary Authority fees.
Budget Preparation Process:
Each Department was provided a base budget expenditure allotment consistent with the fiscal year 2006-
2007 authorized budget, adjusted by known personnel increases and a 2% inflationary increase for
operational expenses. Each Department was then given an opportunity to submit prioritized Program
Changes for enhancements to the base budget. Additionally, each Department was asked to prioritize and
submit Program Reductions totaling 15% of the base budget.
The goals of the budget process are to identify necessary and/ or desirable service increase options, as well
as identify service reduction options which are all combined to reach a balanced and sustainable budget.
To this end, the City Manager formulates a packaged budget recommendation of enhancements and
reductions for Council to consider alongside other enhancements and reductions not being recommended
by staff. The staff recommendation is based on many considerations, including the potential impacts to the
overall City operation and services, employee morale and an attempt to keep cuts relatively uniformed
across departmental lines. This last point helps to ensure that Departments continue to work cooperatively
together to address ongoing service delivery methods rather than working against one another to secure the
greatest possible share of the City’s diminishing resources. Staff employed the notion that it is better to
provide fewer, but higher quality services to the public, rather than attempting to offer all current services
at a sub- par level.
The City Manager, Administrative Services Director, and Finance Officer met with each Department
individually, and then as a group, to discuss and finalize the Proposed Fiscal Year 2007- 2008 Annual
Budget recommendations which were presented to the City Council at the May 7, 2007 Special Council
Meeting – Budget Study Session. During the study session, Council identified $ 517,000 in program
enhancements and $ 597,000 in program reductions. The remainder of the budget was balanced using
recommended revenue adjustments.
Proposed 2007- 2008 Expenditures:
Next year’s proposed budget includes increases in Fire ($ 328,000 – 6%); Police ($ 216,000 – 2.8%); Parks
& Recreation ($ 364,000 – 6.8%); Community Development ($ 90,000 – 4.7%); and decreases in Public
Works (<$ 79,000 - < 0.7%>); Administrative Services (<$ 131,000> - < 4.5%>). Unfunded Program
Requests included additional funding for Community Building and Natural Resources Taskforces, position
enhancements for IT Systems Analysts, Police Traffic Sergeant reinstatement, Parks inventory control
system, Peninsula Conflict Resolution Center membership dues, and consultant study of the Fire
Department. The equipment replacement fund was not included as a funding option. The equipment fund
CITY OF SAN CARLOS 8 ADOPTED 2007- 2008 BUDGET
appropriations will be brought to Council for consideration in the fall after fiscal year 2006- 2007 is
officially closed.
The proposed reductions in the 2007- 2008 Operating Budget are offered reluctantly, but out of necessity in
an effort to submit a balanced budget document. The reductions are not without consequence. During the
May 7, 2007 City Council Study Session, staff presented a comprehensive list of proposed reductions,
including associated impacts to service levels, for the Council to consider. Reductions accepted by the
City Council at the Study Session have been incorporated into the 2007- 2008 Proposed Operating Budget
and collectively act to eliminate the projected $ 108,000 budget deficit.
These actions, if formally adopted, would balance the budget and leave a projected Unallocated Fund
Balance of $ 2,664,639 by June 2008. This is approximately $ 750,000 higher than the 2006- 2007 budgeted
Unallocated Fund Balance. A full description of all fund balances may be found in the Fund Balances
section of the budget document.
2007- 2008 GENERAL FUND BUDGET($ Millions)
2006- 07
Amended
2006- 07
Estimated
2007- 08
Budget
Revenues 22.1 23.1 23.2
Expenditures 25.5 24.7 26.0
Transfers In 3.8 3.8 3.5
Transfers Out < 1.9> < 1.9> < 0.8>
Proposed 2007- 2008 Budget Reduction Highlights:
o Elimination of Police Officer ( vacant)
o Elimination of Senior Services Information & Referral program
o Elimination of Building Division PT Office Assistant
o Reduction of IT Consulting Services
o Reduction of Finance PT Staffing
o Reduction of hours of operation for the Youth Center
o Reduction of Professional Services in Administrative Services
The reorganization of the Community Development Department includes the creation and funding of one
Planning Manager position to offset the loss of the contract Planning Director position. This addition was
recommended by staff and accepted by the Council as part of the Budget Study Session. Funding for part
time positions is curtailed and the holiday furlough of non- safety employees and closure of non- emergency
facilities is proposed to continue ( pending Union discussions). Contractual planning services are slightly
restored from last year’s significant reductions.
The Council elected not to eliminate the vacant Recreation Supervisor position or the Receptionist position
which would have resulted in a Full- Time employee being transferred to a non- General Fund position.
Changes selected by the City Council at the May 7, 2007 Study Session are reflected by Department in the
table below. The two Departments affected the most by this year’s reduction are the Police and
Administrative Services Departments.
CITY OF SAN CARLOS 9 ADOPTED 2007- 2008 BUDGET
2007- 2008 GENERAL FUND BUDGET CHANGES BY DEPARTMENT
Based on Addition & Reduction
Options Selected by Council Additions Reductions Net
Impact
% Change/
Budget
Citywide ( GASB 45) $ 100,000 <$ 53,500> $ 46,500
City Council $ 400 <$ 3,000> <$ 2,600> - 2.9%
City Manager $ 30,000 <$ 36,000> <$ 6,000> - 1.5%
City Clerk $ 30,868 $ 0 $ 30,868 11.9%
City Treasurer $ 0 <$ 3,744> <$ 3,744> - 18.8%
Administrative Services $ 36,591 <$ 198,071> <$ 161,480> - 8.6%
Community Development $ 79,390 <$ 40,427> $ 38,963 27.1%
Fire $ 117,635 $ 0 $ 117,635 2.1%
Police $ 38,651 <$ 138,879> <$ 100,228> - 1.4%
Parks & Recreation $ 83,817 <$ 94,574> <$ 10,757> - 0.3%
Public Works $ 0 <$ 28,500> <$ 28,500> - 7.0%
One- Time Transfers Out of the Unappropriated General Fund Balance:
• $ 110,000 to balance the Storm Drain Maintenance Fund ( NPDES, Fund 15);
• $ 375,000 to establish a reserve for anticipated GASB 45 obligations ( retiree medical liabilities).
2. CAPITAL IMPROVEMENT BUDGET
The capital improvement budget funds major one- time and on- going infrastructure improvements such as
road projects, traffic safety improvements, park construction and improvements, sidewalk and street work,
sewer system reconstruction, and Library Bonds. Funds are often accumulated in this budget over a period
of years and then are spent when a sufficient amount of revenue is available to pay for desired projects.
2006- 2007
Amended Budget
2006- 2007
Estimated Actual
2007- 2008
Proposed Budget
$ 4.7 million $ 2.8 million $ 4.8 million
2007- 2011 Proposed Capital Improvement Project Budget
Next year we are proposing to complete or initiate the following major projects: Sewer System
Rehabilitation, Burton Park Play Equipment, Sidewalk Repair, City Hall Remodel, Street Resurfacing,
various infrastructure improvements, Customer Response Management System ( software), ERP –
continued implementation of MUNIS ( Financial/ HR Software), Parks Master Plan, General Plan Update,
Records Management – next phase.
Capital Improvement Fund 25: The 2006- 2007 CIP Budget showed a projected positive balance in Fund
25, the General Fund CIP fund, of $ 2,421,196. In the 2007- 2008 CIP Budget there is no additional
funding for Fund 25. Projects being proposed will be funded out of the Fund’s unappropriated balance.
The projected fund balance for Fund 25 for June 2008 is $ 2,067,236. Since the Proposed 2007- 2008
Operating Budget is a structurally balanced budget and no longer requires the use of Unappropriated
General Fund balance, in future year’s, funding for Fund 25 will be provided from General Fund savings
achieved during the prior year.
The 2007- 2008 CIP Fund 25 Budget includes funding for a City Hall remodel project that would facilitate
consolidation of Administrative Services and City Clerk services into one physical space on the second
floor ($ 228,000- Facility Improvement Reserve); a first floor City Hall remodel to consolidate Community
CITY OF SAN CARLOS 10 ADOPTED 2007- 2008 BUDGET
Development and Public Works functions together ($ 250,000- Facility Improvement Reserve); General
Plan Update ($ 200,000); various drainage projects ($ 200,000); and technology projects ($ 413,000),
including customer response software pursuant to the strategic plan objectives ($ 102,000).
Sewer Replacement Fund: Staff proposes a rate increase for FY 2008 equivalent to the percentage
increase proposed during the FY 2006- 2007 discussions ( i. e., approximately 22 percent). Additional
increases will be necessary in FY 2009 if the City wishes to continue with recommended and programmed
sewer rehabilitation projects totaling approximately $ 1.3 million.
Gas Tax Fund: Annual Street Resurfacing is proposed at $ 1.1 million with $ 220,000 in funding coming
from the Federal Government. Staff also recommends funding for minor sidewalk reconstruction
($ 50,000, with $ 40,000 coming from property owners); $ 25,000 for a bike lane project; $ 50,000 for ADA
improvements; $ 25,000 for street lights; $ 16,000 for traffic signal improvements; and $ 50,000 for traffic
striping.
Park- in- Lieu Fund: Including $ 90,000 for Heather Field Design & Specifications; *$ 665,000 for Burton
Park play equipment, with $ 300,000 coming from community donations; *$ 225,000 for Burton Park tennis
court resurfacing; *$ 20,000 for Highlands Park score booth construction; *$ 40,000 for Arguello Park
tennis court resurfacing; and $ 145,000 for a Parks and Recreation Master Plan. After accumulating
funding for seven years, Measure G funds are now available and will be used for projects marked with an
asterisk. In fiscal year 2008- 2009, it is anticipated that Measure G funding will be used to pay for
$ 150,000 in playground equipment and $ 300,000 for a field project.
Redevelopment: Includes continuation of First Time Homebuyer Program ($ 110,000); and funding for a
Drainage Master Plan ($ 200,000); and General Plan Update ($ 80,000).
Capital Improvement Program – Unfunded List
As we have done in previous budgets, the five- year Capital Improvement Plan contains a list of unfunded
projects. This list shows projects that are desirable but are currently beyond the means of the City to fully
fund and construct. These projects combine in excess of $ 77 million. A complete list of Unfunded Capital
Projects may be found in the Capital Budget section of the 2007- 2008 budget document.
3. REDEVELOPMENT AGENCY ( Affordable Housing & Administration)
Housing activities are initiated with the Project Area Committee ( PAC) and its Housing Committee. The
Redevelopment Plan and the Redevelopment Implementation and Housing Production Plan are the legal
and policy guides followed to develop work program activities, including increasing the supply of
workforce housing alternatives; participation in local and regional housing efforts; and administering the
first- time home buyers program. The Redevelopment Agency Administration is responsible for
coordination of the Agency’s efforts within the Project Area to eradicate blight, and create economic
development and housing opportunities. Its activities include development of a new Redevelopment
Implementation Plan; creation of a new Economic Development Plan; development and redevelopment
project proposals ( including Wheeler Plaza & South Plaza); and work with EDAC.
Redevelopment Agency tax increment net revenues are expected to come in higher than the budgeted
amount in 2006- 2007 and are expected to grow modestly in the 2007- 2008 fiscal year. The County RDA
revenue pass- through agreement called for a portion of revenues to pass- through to the County when the
San Carlos Redevelopment Agency reached a cumulative tax increment figure of $ 11.25 million. This
CITY OF SAN CARLOS 11 ADOPTED 2007- 2008 BUDGET
occurred in April 1998, and since that time, 31% of the agency's annual incremental income has been
diverted to the County. The pass- through equates to an estimated $ 1.5 million in 2006- 2007 and an
additional $ 1.5 million in 2007- 2008. In addition, interest income throughout the various RDA Funds is
higher than budgeted and is expected to remain at the current levels in fiscal year 2007- 2008.
The Redevelopment Agency Housing Fund ( Fund 81) gets 20% of tax increment revenue set- aside for
housing programs. This 20% is calculated before the pass- through is implemented; so as tax increment
revenues grow so will Fund 81 set- aside. With that in mind, the Redevelopment Agency continues to
work on new projects and programs in the housing area. We are continuing to work with developers to
include housing as part of proposed development plans.
2006- 2007
Budget
2006- 2007
Estimated Actual
2007- 2008
Proposed Budget
$ 3.7 million $ 3.1 million $ 3.2 million
4. OTHER PROGRAMS
This budget is made up of several programs: National Pollution Discharge Elimination System ( NPDES),
Workers' Compensation, and Liability Insurance. Note that Workers’ Comp and Liability Insurance
budgets are allocated to the Operating budgets and are therefore not included in the numbers below.
2006- 2007
Budget
2006- 2007
Estimated Actual
2007- 2008
Proposed Budget
$ 2.3 million $ 2.0 million $ 2.2 million
The past trend in the NPDES budget has been that expenditures are rising as revenues remain fixed. Some
of those expenditures are driven by mandated testing and mitigation measures. As a result, this fund
developed a negative balance that, if unchecked, would have continued to grow. In the 2006- 2007 Budget,
the NPDES Fund ( Fund 15) was balanced and the negative fund balance eliminated through a $ 500,000
loan from the General Fund. In 2007- 2008, it is once again necessary for the General Fund to loan
NPDES funds in the amount of $ 110,000 to bring the fund back into balance. While the proposed budget
is balanced, it is important to note that until revenues are raised to the proper level the City’s General Fund
is subsidizing the NPDES mandated function.
Actual Worker’s Compensation premiums charged in the current year were less than budgeted, and are
expected to decline further in the next fiscal year. This was the result of several factors: Statewide
Worker’s Compensation reform, reduced City Worker’s Compensation claims, and the completion of
payments to the City’s insurance pool to correct past undercharge errors to all of its member cities.
Liability Fund expenditures have decreased significantly, with projected actual claim losses falling under
projections made in 2006- 2007. Liability costs are allocated to the Operating Funds’ budgets based on
claims experience; therefore, the Sewer Fund ( 06), which is responsible for most of the claims ( and in this
case the reduction in claims), will receive most of the savings. The City's proposed 2007- 2008 Sewer
Reconstruction Project is directly associated with providing greater control of these claims/ costs in future
years.
CONCLUSION
We take this opportunity to thank San Carlos city staff for their enthusiastic cooperation and participation
in preparation of the Fiscal Year 2007- 2008 budget document and work program. A special thank you is
CITY OF SAN CARLOS 12 ADOPTED 2007- 2008 BUDGET
extended to Rebecca Mendenhall, Finance Officer, Marilyn Maytum, Senior Accountant, Tammy Mak,
Senior Accountant and Crystal Duong and Jun Nguyen, Administrative Assistants, for their tireless efforts
in bringing this document forward.
San Carlos, along with most Bay Area municipalities, has faced six straight years of difficult budgets. In
2006- 2007, San Carlos closed a $ 2.5 million structural deficit. While the economy is now clearly in a
healthy cycle, there remain numerous internal and external threats to the fiscal year 2008- 2009 budget.
These threats include:
• The need to add $ 600,000 annually to the City’s operating budget to fund GASB 45 requirements.
To lessen the impact, it has been proposed to add $ 100,000 per year for six years while drawing
down the existing reserves.
• Fire costs are anticipated to grow between $ 200,000 and $ 400,000 in fiscal year 2008- 2009. Most
of this increase is related to existing service levels for items currently in the 2007- 2008 budget at a
less than annual level because the programs will not be online for the entire fiscal year. In
addition, it unknown how the formula will effect costs in 2008- 2009.
• The costs for employee and retiree continue to increase at or near the MOU cap of 10% per year.
These costs continue to grow exponentially and there is no current foreseeable end.
• While PERS retirement costs are anticipated to grow only a small amount, the percentages
currently being paid for the City’s share of these costs for both safety and miscellaneous
employees remains extremely high. With the new PERS smoothing formulas in place, it is not
likely that any significant reductions will be forthcoming despite the fact that PERS investments
have once again begun to out perform PERS actuarial projections.
• The City will need to begin adding the $ 450,000 for equipment replacement costs into the
operating budget. This may be phased in over time to lessen the immediate impact in the same
way that GASB 45 costs are planned to be phased in, and it has no control over whether we will be
receiving this money in future years from the County. It is likely that staff will recommend that an
additional $ 100,000 be added to the operating budget in fiscal year 2008- 2009.
• The City is currently dependent on receiving an annual $ 250,000 ERAF rebate from the County to
help balance the budget. In a perfect world this money would be used only for one time costs
instead of balancing the annual operating budget as is the case currently. The City has no control
over whether we continue to receive this money and it may disappear over the course of a single
year.
• There is currently no funding source for General Fund – Fund 25 Capital Improvement Fund. The
City is living off the current fund balance. It is hoped that unanticipated savings from a previous
fiscal year can be used to fund one time capital projects the following year. In the past, $ 1.3
million from the transfer station franchise fee was used as a revenue source for Fund 25. It is now
used to balance the operating budget.
• As the City’s budget grows in size, it will become necessary to add an additional $ 500,000 to the
City’s Economic Uncertainties Reserve to ensure that the City maintains a desirable reserve ratio.
• In fiscal year 2008- 2009 the City will need to fund $ 100,000 for an updated citywide user fee
study.
• In fiscal year 2008- 2009 all of the City’s labor contracts will expire.
One of the most difficult challenges facing the City is how we will deal with reductions in services in the
future. There is very little operations money left in most Departmental budgets. This means in future
years Departments will have little choice but to do as the Police Department did this year, which is offer up
full- time staff to help balance the budget. In a City as small as San Carlos there are not many vacancies in
a given year. The desire to avoid layoffs in the future is what drove staff to put vacant positions on the
recommended cut list this year. As these vacant positions are filled with new employees, the City’s ability
CITY OF SAN CARLOS 14 ADOPTED 2007- 2008 BUDGET
This Page Intentionally Left Blank
CITY OF SAN CARLOS 15 ADOPTED 2007- 2008 BUDGET
BASIS OF BUDGET PREPARATION
AND MAJOR FUNDS SUMMARIES
The City of San Carlos one- year budget contains the revenues, appropriations and other financial
information pertaining to all City operating and capital budgets, including capital improvement
projects. These funds are accounted for using the modified accrual basis of accounting. The
City’s budget goals are to achieve a balanced budget with revenues, including reimbursements
from other funds for services provided equal to or greater than expenditures. The City Manager,
Administrative Services Director and Finance Officer provide guidance to the departments prior
to preparation of department budgets on economic outlook and parameters for budgeting. Budget
projections are submitted by Department Heads to the Finance Division. The Administrative
Services Director and Finance Officer submit the City budget to the City Manager for review. If
the sum of the department’s proposed expenditure requests is more than the total sum of the
City’s anticipated revenues, the City Manager, Administrative Services Director and Finance
Officer working with the Department Heads to reach consensus to present the City Council with a
proposed balanced budget.
The City has no formal policy for fund balance of the General Fund; however, historically the
City has maintained an unappropriated fund balance of approximately 10% of the General Fund
Operating Budget. Also, the City maintains a restricted/ reserved General Fund balance for
specific projects and contingencies. The projected unrestricted and restricted General Fund
balances for the years ending 2006- 2007 and 2007- 2008 are noted in the table below.
General Fund Balance
Unrestricted
General Fund Balance
Restricted
Estimated Balance 2006- 2007 $ 3,149,639 $ 3,798,274
% of Operating Expense 13% 15%
Budgeted Balance 2007- 2008 $ 2,664,639 $ 4,173,274
% of Operating Expense 11% 17%
Budgetary Control is maintained through monthly reports of revenue and expenditure accounts.
The Council is provided with a financial status report semi- annually reviewing year- to- date
expenditures and revenues compared to budget. The financial status report is part of the mid- year
budget review and adjustment process which is completed each February and submitted to the
Council for review and approval. Total appropriations within a fund may only be increased with
Council approval. This review precedes preparation of a new budget. Budgetary adjustments are
only considered within the framework of the adopted budget and the City Council’s directions,
goals and policies. The City Council appropriates the funds necessary to meet operating
activities. Capital budgets are based on estimates of municipal needs for the next five years. The
City Council meets with the Department Heads in February to discuss and initiate Strategic Goals
and Objectives for the City. These goals and objectives have been incorporated into the
responsible Department’s Work Programs as part of next year’s budget. The City Council was
given a summary base budget at the Special Study Session on May 7, 2007. During this meeting,
the City Manager presented revenue and expenditure options for their consideration to balance
the budget. Based on direction from the City Council, Staff has incorporated those options into
the Proposed 2007- 2008 budget. The proposed 2007- 2008 budget was presented to Council for
consideration on June 11, 2007.
CITY OF SAN CARLOS 16 ADOPTED 2007- 2008 BUDGET
MAJOR FUNDS SUMMARIES:
General Fund ( Fund 0001): Revenues for fiscal year 2007- 2008, for both restricted and
unrestricted, are budgeted to be $ 23,161,497 representing a 0.3% increase over the estimated
revenues for 2006- 2007. Although general revenues have increased year over year, the
projections for 2006- 2007 include reimbursements from the State of California for Senate Bill 90
( SB90) claims totaling approximately $ 390,000. These reimbursements are not expected to be
received in 2007- 2008 have not been included in the proposed budget.
Expenditures for fiscal year 2007- 2008 in the General Fund, including both restricted and
unrestricted, are budgeted to be $ 26,001,276 representing a 5% increase over the estimated
expenses for 2006- 2007. The majority of this increase can be attributed to salaries and benefits as
those are budgeted at 100% and the projections for 2006- 2007 represent salary savings expected
from vacant positions during the year.
Net transfers for fiscal year 2007- 2008, for both restricted and unrestricted, are budgeted to be
$ 1,922,510 representing a 42% decrease over the estimated transfers for 2006- 2007. The
majority of this decrease is due to the one- time transfer in 2006- 2007 to the Equipment
Replacement Fund 10 totaling $ 400,000 and the reduction in the loan to NPDES Fund 15 in
2007- 2008 totaling $ 390,000.
The proposed 2007- 2008 budget reflects a fund balance projection of $ 6,837,913, including both
restricted and unrestricted balances.
Sewer Fund ( Fund 0006): Revenues for fiscal year 2007- 2008 for the Sewer Fund including
both restricted and unrestricted, are budgeted to be $ 7,125,840, reflecting a 22% increase over the
estimated revenues for 2006- 2007. The majority of this increase is due to the projected increase
in sewer fees. Expenditures for fiscal year 2007- 2008 for the Operation Sewer Fund including
transfers out for both restricted and unrestricted, are budgeted to be $ 6,459,601, representing a
25% increase over the estimated expenses for 2006- 2007. The majority of this increase is
attributable to the increase in operations fees from South Bayside System Authority and
continued capital project spending to rehabilitate the sewer system. As a result, the unrestricted
Fund balance at the end of fiscal year 2007- 2008 is budgeted to be $ 2,141,745 and is 4% less than
the fund balance estimated at the end of 2006- 2007.
Equipment and Technology Replacement Fund ( Fund 0010): As part of the FY 2006- 2007
budget process, Council re- established the Equipment Replacement Fund. At the time it was re-established,
additional funding was transferred to better manage both equipment and technology
replacements. Prior to the re- established, replacements were managed in individual Department’s
capital outlay budgets. In FY 2007- 2008 transfers in from both the General and Sewer funds
totaling $ 373,000 will be used to offset estimated replacements totaling $ 410,338.
Police Grants ( Fund 0017): Revenues for fiscal year 2007- 2008 for the Police Grants Fund for
both restricted and unrestricted, are estimated to be $ 209,211 representing a 2% increase from the
estimated revenues for 2006- 2007. This increase is based on a general increase in estimated
revenues based on cost of living adjustments. Expenditures for fiscal year 2007- 2008 for the
Police Grants Fund for both restricted and unrestricted are estimated at $ 103,020 representing a
50% decrease from the estimated expenses for 2006- 2007. The majority of this decrease is
attributable to a decrease in the amount of grant funding appropriations. During FY 2006- 2007,
CITY OF SAN CARLOS 17 ADOPTED 2007- 2008 BUDGET
grant funding was utilized to pay for equipment necessary to re- locate our Dispatch service to
Menlo Park. Fund balance at the end of fiscal year 2007- 2008 is anticipated to be $ 225,635.
Gas Tax Fund ( Fund 0016): Revenues for fiscal year 2007- 2008 for the Gas Tax Fund are
estimated to be $ 967,829 representing a 4% decrease from the estimated revenues for 2007- 2008.
The majority of this decrease is due to decreases in projected revenue from dirt hauling permit.
During FY 2006- 2007, there were two major construction projects initiated that raised permitting
revenues during that year. Expenditures for fiscal year 2007- 2008 for the Gas Tax Fund are
estimated at $ 1,316,000 representing a 71% increase from the estimated expenses for 2006- 2007.
The majority of this increase is attributable to an increase in capital project spending projected
during 2007- 2008. Fund balance at the end of fiscal year 2007- 2008 is anticipated to be
$ 121,936.
Capital Improvement Fund ( Fund 0025): Revenues for fiscal year 2007- 2008 for the Capital
Improvement Fund, for both restricted and unrestricted, are $ 1,403,836 representing a 8%
decrease from the estimated revenues for 2006- 2007. The majority of this decrease is related to
the cost reimbursements received from other cities for the ThinkStream project that was
completed in FY 2006- 2007. Expenditures for Fiscal year 2007- 2008 are $ 1,438,077 resulting in
a 50% increase in expenditures from the estimated 2006- 2007 expenses. The majority of this
increase is related to additional capital project spending for improvements in technology, a
General Plan update and the remodeling of City Hall. The remodeling projects will be
completely funded by the Capital Improvement Facility Improvement Reserve. Fund Balance at
the end of fiscal year 2007- 2008 for both unrestricted and restricted balances is budgeted at
$ 2,067,236.
Park In- Lieu Fund ( Fund 0027): Revenues for fiscal year 2007- 2008 for the Park In- Lieu Fund
are $ 1,184,340 including both unrestricted and restricted funds. This represents an increase of
258% in revenue compared to the estimated 2006- 2007 revenues. The majority of this increase is
related to an increase projected in permitting fees from one major construction project during FY
2007- 2008. Expenditures for Fiscal Year 2007- 2008 are budgeted to be $ 1,185,000, representing
a 665% increase from estimated 2006- 2007 expenses. The majority of this increase is related to
the increase in capital spending for the year ended 2007- 2008. Beginning July 1, 2007; the funds
in Measure G become available for spending. Measure G raises approximately $ 124,000 per year
for parks related projects and is represented in the restricted fund balance. Most of the balance of
Measure G is proposed to be used to fund playground improvement projects and tennis court
improvements. In FY 2009, $ 300,000 will be set aside for use as part of the funding for a field
project. Measure G, a six dollar per year per parcel tax will expire in FY 2009- 2010. The
Unrestricted and Restricted ( Measure G) fund balance at the end of 2007- 2008 is budgeted at
$ 1,099,157.
Redevelopment Operating Funds ( Funds 0080, 0081): Revenues for fiscal year 2007- 2008 for
all RDA Operating funds combined are budgeted at $ 3,236,831. This represents a decrease of
20% compared to the estimated 2006- 2007 revenues. The majority of this decrease is related to a
decrease in property tax revenue expected during 2007- 2008. During the FY 2006- 2007, the
Agency received an increase in supplemental revenues. As this is the first year with the increase,
FY 2007- 2008 revenues have been budgeted conservatively. Expenditures for fiscal year 2007-
2008 for the same funds are budgeted at $ 1,800,187, a 13% increase from the estimated expenses
for 2006- 2007. The majority of this increase is attributable to direct allocation charges ( salaries
and benefits) for administration of the fund. The Operating Fund balance at the end of fiscal year
2007- 2008 is budgeted to be $ 4,690,600.
CITY OF SAN CARLOS 18 ADOPTED 2007- 2008 BUDGET
RDA Debt Service Funds ( Funds 0082, 0084): Revenues for fiscal year 2007- 2008 for RDA
debt services are budgeted at $ 494,746, and have remained relatively flat compared with the
2006- 2007 estimated revenues. Expenditures for fiscal year 2007- 2008 for the same funds are
budgeted at $ 1,107,108 and have remained relatively flat compared with the 2006- 2007 estimated
expenses. The debt service fund balance at the end of fiscal year 2007- 2008 is budgeted to be
$ 3,200,068.
RDA Capital Improvement Fund ( Fund 0083): Revenues for fiscal year 2007- 2008 are
$ 218,320, representing an increase of 11% compared to the estimated 2006- 2007 revenues. The
majority of this increase is due to an expected increase in investment income proceeds based on
prior years’ history. Expenditures for fiscal year 2007- 2008 are budgeted at $ 250,000,
representing a decrease from the estimated 2006- 2007 expenses due to funding for capital
projects. Fund balance at the end of fiscal year 2007- 2008 is budgeted to be $ 867,012.
Basic Accounting
The City’s accounting system is maintained on a fund basis in accordance with governmental
accounting standards. Each fund is considered a separate accounting entity with a self- balancing
set of accounts that record assets, liabilities, fund equity, revenue and expenditures. All
governmental funds are budgeted and accounted for using the modified accrual basis of
accounting, which recognizes revenues when they become susceptible to accrual - i. e. measurable
and available. Expenditures are recognized when the fund liability is incurred.
19
ANNUAL APPROPRIATION LIMIT
FISCAL YEAR 2007- 2008
Appropriations Limitation, imposed by Propositions 4 and 111, establishes a formula to restrict the amount
of revenues that can be appropriated in any fiscal year. The Limit is based on actual appropriations for base
fiscal year 1978- 79 and is increased annually using the growth in population and the consumer price index
and well as commercial property development within the City during the year. Revenues that are restricted
to the limitation are those which are referred to as “ proceeds of taxes”, such as sales tax, property tax and
business license tax.
The City must adopt an appropriation limit for each fiscal year. Beginning with the fiscal year 1990- 1991,
the law provides the local agency an option to calculate the adjustment factors by the following:
Inflation - Either the percentage change in the California Per Capita Income or the percentage
change in the local assessment roll from the preceding year due to the addition of local
non- residential construction.
Population - Either the City’s own population growth or the population growth of the entire
County.
Historically Calculated Appropriations Limits:
2000- 2001 Non- Residential Construction/ County Growth $ 32,449,762 39.82%
2001- 2002 Non- Residential Construction/ County Growth $ 35,295,606 42.69%
2002- 2003 Non- Residential Construction/ County Growth $ 36,682,017 52.99%
2003- 2004 Non- Residential Construction/ County Growth $ 39,144,622 53.41%
2004- 2005 City Population Growth/ California Per Capita $ 40,723,694 52.05%
2005- 2006 City Population Growth/ California Per Capita $ 43,272,985 45.89%
2006- 2007 City Population Growth/ California Per Capita $ 45,297,003 41.77%
2007- 2008 City Population Growth/ California Per Capita $ 47,772,122 38.10%
Calculations:
FY 2007- 2008 Limit: $ 47,772,122
Adjustment Factors:
1. City Population Growth Change = 1.01%
2. California Per Capita Income Growth = 4.42% = 1.0442
Total Adjustment Factor = 1.05464
Step 1 Total all appropriations ( 2007- 2008) operating and capital from
general and special funds) ( No RDA) $ 3 9,567,018
Step 2 Deduct:
1. Non- Tax Proceeds ( No RDA) $ ( 20,974,278)
2. Debt Service Payments ( No RDA) $ ( 393,829)
Add:
1. Excess user fees which exceed actual costs $ -
Step 3 Equals appropriations subject to limit ( Step 1 - Step 2) $ 1 8,198,911
Step 4 Compare against 2007- 2008 Appropriations Limit ( from below) $ 4 7,772,122
Dollar Amount Under Limit ( Step 4 - Step 3) $ 2 9,573,211
Percentage of Limit ( Step 3/ Step 4) 38.10%
Step 5 Fiscal Year 06- 07 Appropriation Limit $ 4 5,297,003
Fiscal year 07- 08 Growth Factor based on California Per Capita
Step 6 Income 4.42% --- and the City of San Carlos 105.464%
Population Change 1.01%
( 1.0442* 1.01)
Step 7 FY 07- 08 Appropriations Limit ( Step 5 x Step 6) $ 4 7,772,122
Step 8 FY 07- 08 Appropriations Subject to Limit ( from above) $ 1 8,198,911
Step 9 Dollar Amount Under Limit ( Step 7 - Step 8) $ 2 9,573,211
Step 10 Percentage of Limit ( Step 8/ Step 7) 38.10%
FISCAL YEAR 2007- 2008
APPROPRIATIONS LIMIT CALCULATIONS
CITY OF SAN CARLOS 20 ADOPTED 2007- 2008 BUDGET
General Fund 26,028,976
Capital Impr.( less RDA) 4,989,828
Other Programs 2,088,613
Enterprise Sewer System 6,459,601
39,567,018
Licenses & Permits 1,618,294
Fines & Forteitures 283,784
Use of Money & Property 834,269
From Other Agencies 3,091,265
Charges for Services 2,753,702
Other Revenue 212,425
Sewer Operation & Maint. 7,125,840
NPDES 460,000
Project Reimbursements 0
Fund 14 Other Revenue 40,800
Capital Improvement Fund 25 1,403,836
In- Lieu Park Fund 27 1,184,340
Parking In- Lieu Fund 28 5,883
Housing In- Lieu Fund 29 100,800
Workers Comp Fund 32 470,000
Liability Insurance Fund 33 1,210,340
Library Rent & Concessions 178,700
20,974,278
Debt Services 393,829
21,368,107
Non- Tax Proceeds and Debt Services
2007- 2008 Appropriation from Operating, Capital Improvement and Other
( no RDA)
CHART OF FUNDS SUBJECT TO APPROPRIATION
CITY OF SAN CARLOS 21 ADOPTED 2007- 2008 BUDGET
CITY OF SAN CARLOS 25 ADOPTED 2007- 2008 BUDGET
AWARDS
Government Finance Officers Association
Award of Financial Reporting Achievement 2005- 2006
( Comprehensive Annual Financial Report)
California Society of Municipal Finance Officers
Certificate of Award for Excellence in Operational Budgeting 2006- 2007
CITY OF SAN CARLOS 26 ADOPTED 2007- 2008 BUDGET
This Page Intentionally Left Blank
FUND BALANCES: OPERATING, CAPITAL AND OTHER BUDGETS
ACTUAL 2005- 06 FISCAL YEAR
7/ 1/ 2005 Net 7/ 1/ 2006
Fund Title Balance Revenue Expend. Tran In Tran Out Change Balance
0001 General - Unappropriated 3,363,505 23,045,640 ( 24,324,357) 1,460,347 ( 403,419) ( 221,789) 3,141,716
0001 General - Restricted 3,508,173 0 3,508,173
0001 General - TOTAL 6,871,678 23,045,640 ( 24,324,357) 1,460,347 ( 403,419) ( 221,789) 6,649,889
0006 Sewer - Unrestricted 3,297,735 4,516,249 ( 4,199,615) 0 ( 545,680) ( 229,046) 3,068,688
0006 Sewer - Invested in Capital Assets 9,573,561 0 9,573,561
0006 Sewer TOTAL 12,871,296 4,516,249 ( 4,199,615) 0 ( 545,680) ( 229,046) 12,642,249
0017 GRANTS- POLICE ( 39,402) 124,269 ( 111,205) 146,781 0 159,845 120,443
0010 Equipment Replacement 104,903 0 0 0 0 0 104,903
0014 Measure " A" 85,100 588,641 ( 63,538) 0 ( 566,799) ( 41,696) 43,404
0016 Gas Tax 39,748 760,747 ( 1,312,009) 1,065,000 ( 578,677) ( 64,939) ( 25,191)
0025 Capital Imp. - Unapp. 1,526,469 1,543,209 ( 438,768) 0 ( 511,714) 592,727 2,119,197
0025 Capital Imp. - Restrict. 2,014,557 0 0 0 0 0 2,014,557
0025 Cap Imp - TOTAL 3,541,026 1,543,209 ( 438,768) 0 ( 511,714) 592,727 4,133,754
0027 Park In Lieu - Unapp. 909,882 708,088 ( 1,554,388) 0 ( 3,726) ( 850,026) 59,856
0027 Park In Lieu - Restrict. 624,435 61,196 0 61,196 0 122,392 746,827
0027 Park In Lieu - TOTAL 1,534,317 769,284 ( 1,554,388) 61,196 ( 3,726) ( 727,634) 806,683
0028 Parking In Lieu Fee 73,130 4,399 0 0 0 4,399 77,529
0029 Affordable Housing in lieu 639,318 248,093 ( 49,994) 0 ( 35) 198,064 837,382
0080 RDA - Operating 1,254,502 2,402,004 ( 545,910) 12,550 ( 1,546,894) 321,751 1,576,253
0081 RDA - Housing 870,170 203,308 ( 357,037) 765,076 ( 195,567) 415,780 1,285,950
0082 RDA - Bond Pay 66,105 27,825 ( 780,782) 772,213 0 19,256 85,361
0083 RDA - Bond Gen 886,824 300,468 ( 44,037) 10,000 ( 30,123) 236,308 1,123,133
0084 RDA - Bond Hsg 2,601,496 452,136 ( 305,400) 0 ( 1,238) 145,498 2,746,993
Redevelopment Agency Total 5,679,097 3,385,741 ( 2,033,166) 1,559,839 ( 1,773,822) 1,138,592 6,817,690
0093 Library - Bond Service 648,402 575,392 ( 405,373) 0 0 170,018 818,421
0095 Library - Tenant Imp. 100,071 8,277,704 ( 8,294,164) 195,442 ( 16,278) 162,704 262,775
Library Total 748,473 8,853,096 ( 8,699,537) 195,442 ( 16,278) 332,722 1,081,196
Operating & Capital Improvement Totals 32,148,684 43,839,367 ( 42,786,577) 4,488,605 ( 4,400,150) 1,141,246 33,289,930
0015 NPDES - Storm Drain Maint. ( 401,813) 420,566 ( 552,276) 0 ( 42,032) ( 173,742) ( 575,555)
0032 Work Comp - Unrestricted 120,136 409,865 ( 368,216) 0 ( 24,423) 17,225 137,361
0032 Work Comp - JPA Equity 230,878 0 0 230,878
0033 Liability Insurance ( 90,774) 954,738 ( 872,642) 0 ( 22,000) 60,096 ( 30,677)
32 & 33 Insurance Total 260,240 1,364,603 ( 1,240,858) 0 ( 46,423) 77,322 337,562
41 & 43 Pulgas ( 0) 19,738 0 0 0 19,738 19,737
Other Funds Total ( 141,573) 1,804,906 ( 1,793,134) 0 ( 88,455) ( 76,683) ( 218,256)
GRAND TOTAL 32,007,111 45,644,274 ( 44,579,711) 4,488,605 ( 4,488,605) 1,064,563 33,071,674
CITY OF SAN CARLOS 27 ADOPTED 2007- 2008 BUDGET
FUND BALANCES: OPERATING, CAPITAL AND OTHER BUDGETS
Fund Title
0001 General - Unappropriated
0001 General - Restricted
0001 General - TOTAL
0006 Sewer - Unrestricted
0006 Sewer - Invested in Capital Assets
0006 Sewer TOTAL
0017 GRANTS- POLICE
0010 Equipment Replacement
0014 Measure " A"
0016 Gas Tax
0025 Capital Imp. - Unapp.
0025 Capital Imp. - Restrict.
0025 Cap Imp - TOTAL
0027 Park In Lieu - Unapp.
0027 Park In Lieu - Restrict.
0027 Park In Lieu - TOTAL
0028 Parking In Lieu Fee
0029 Affordable Housing in lieu
0080 RDA - Operating
0081 RDA - Housing
0082 RDA - Bond Pay
0083 RDA - Bond Gen
0084 RDA - Bond Hsg
Redevelopment Agency Total
0093 Library - Bond Service
0095 Library - Tenant Imp.
Library Total
Operating & Capital Improvement Totals
0015 NPDES - Storm Drain Maint.
0032 Work Comp - Unrestricted
0032 Work Comp - JPA Equity
0033 Liability Insurance
32 & 33 Insurance Total
41 & 43 Pulgas
Other Funds Total
GRAND TOTAL
PROJECTED BALANCES 2006- 07 FISCAL YEAR
Net 7/ 1/ 2007
Revenue Expend. Tran In Tran Out Change Balance
23,098,605 ( 24,723,091) 3,322,369 ( 1,689,960) 7,923 3,149,639
500,000 ( 209,899) 290,101 3,798,274
23,098,605 ( 24,723,091) 3,822,369 ( 1,899,859) 298,024 6,947,913
5,852,000 ( 5,170,382) 0 ( 1,135,000) ( 453,382) 2,615,306
0 9,573,561
5,852,000 ( 5,170,382) 0 ( 1,135,000) ( 453,382) 12,188,867
205,109 ( 206,109) 0 0 ( 1,000) 119,443
0 ( 570,584) 787,960 0 217,376 322,279
605,000 ( 72,000) 0 ( 493,800) 39,200 82,604
1,006,223 ( 768,000) 492,000 ( 364,735) 365,488 340,297
1,520,651 ( 956,688) * 310,000 ( 1,352,000) ( 478,037) 1,641,160
( 310,000) ( 310,000) 1,704,557
1,520,651 ( 956,688) 310,000 ( 1,662,000) ( 788,037) 3,345,717
268,368 ( 155,000) ( 3,700) 109,668 169,524
62,000 62,000 124,000 870,827
330,368 ( 155,000) 62,000 ( 3,700) 233,668 1,040,351
5,768 0 0 0 5,768 83,297
175,000 ( 55,080) 0 ( 35) 119,885 957,267
3,339,755 ( 1,054,563) 12,550 ( 1,578,000) 719,742 2,295,995
700,000 ( 544,139) 793,000 ( 192,550) 756,311 2,042,261
30,000 ( 780,000) 780,000 0 30,000 115,361
196,000 ( 449,841) 40,000 ( 30,000) ( 243,841) 879,292
462,300 ( 305,400) 0 ( 1,200) 155,700 2,902,693
4,728,055 ( 3,133,943) 1,625,550 ( 1,801,750) 1,417,912 8,235,602
542,840 ( 317,109) 0 0 225,731 1,044,152
175,196 0 0 ( 150,000) 25,196 287,971
718,036 ( 317,109) 0 ( 150,000) 250,927 1,332,123
38,244,815 ( 36,127,987) 7,099,879 ( 7,510,879) 1,705,828 34,995,758
460,000 ( 389,233) 500,000 ( 42,000) 528,767 ( 46,788)
417,684 ( 369,649) 0 ( 25,000) 23,035 160,396
0 230,878
1,129,533 ( 1,088,108) 0 ( 22,000) 19,425 ( 11,252)
1,547,217 ( 1,457,757) 0 ( 47,000) 42,460 380,022
0 0 0 0 0 19,737
2,007,217 ( 1,846,990) 500,000 ( 89,000) 571,227 352,971
40,252,032 ( 37,974,977) 7,599,879 ( 7,599,879) 2,277,055 35,348,729
CITY OF SAN CARLOS 28 ADOPTED 2007- 2008 BUDGET
FUND BALANCES: OPERATING, CAPITAL AND OTHER BUDGETS
Fund Title
0001 General - Unappropriated
0001 General - Restricted
0001 General - TOTAL
0006 Sewer - Unrestricted
0006 Sewer - Invested in Capital Assets
0006 Sewer TOTAL
0017 GRANTS- POLICE
0010 Equipment Replacement
0014 Measure " A"
0016 Gas Tax
0025 Capital Imp. - Unapp.
0025 Capital Imp. - Restrict.
0025 Cap Imp - TOTAL
0027 Park In Lieu - Unapp.
0027 Park In Lieu - Restrict.
0027 Park In Lieu - TOTAL
0028 Parking In Lieu Fee
0029 Affordable Housing in lieu
0080 RDA - Operating
0081 RDA - Housing
0082 RDA - Bond Pay
0083 RDA - Bond Gen
0084 RDA - Bond Hsg
Redevelopment Agency Total
0093 Library - Bond Service
0095 Library - Tenant Imp.
Library Total
Operating & Capital Improvement Totals
0015 NPDES - Storm Drain Maint.
0032 Work Comp - Unrestricted
0032 Work Comp - JPA Equity
0033 Liability Insurance
32 & 33 Insurance Total
41 & 43 Pulgas
Other Funds Total
GRAND TOTAL
ADOPTED BUDGET 2007- 08 FISCAL YEAR
Net 7/ 1/ 2008
Revenue Expend. Tran In Tran Out Change Balance
23,161,497 ( 26,001,276) 3,174,719 ( 819,940) ( 485,000) 2,664,639
375,000 375,000 4,173,274
23,161,497 ( 26,001,276) 3,549,719 ( 819,940) ( 110,000) 6,837,913
7,125,840 ( 6,459,601) 0 ( 1,139,800) ( 473,561) 2,141,745
0 9,573,561
7,125,840 ( 6,459,601) 0 ( 1,139,800) ( 473,561) 11,715,306
209,211 ( 103,020) 0 0 106,191 225,635
0 ( 410,338) 373,000 0 ( 37,338) 284,941
566,100 ( 64,260) 0 ( 503,676) ( 1,836) 80,768
967,829 ( 1,316,000) 501,840 ( 372,030) ( 218,361) 121,936
1,403,836 ( 1,438,077) * 394,000 ( 1,388,240) ( 1,028,481) 612,679
0 0 0 ( 250,000) ( 250,000) 1,454,557
1,403,836 ( 1,438,077) 394,000 ( 1,638,240) ( 1,278,481) 2,067,236
821,100 ( 235,000) ( 3,774) 582,326 751,850
363,240 ( 950,000) 63,240 ( 523,520) 347,307
1,184,340 ( 1,185,000) 63,240 ( 3,774) 58,806 1,099,157
5,883 0 0 0 5,883 89,180
100,800 ( 62,182) 0 ( 36) 38,583 995,850
3,016,631 ( 1,239,471) 12,801 ( 1,689,560) 100,401 2,396,396
220,200 ( 560,716) 808,860 ( 216,401) 251,943 2,294,204
15,000 ( 795,600) 795,600 0 15,000 130,361
218,320 ( 250,000) 50,000 ( 30,600) ( 12,280) 867,012
479,746 ( 311,508) 0 ( 1,224) 167,014 3,069,707
3,949,897 ( 3,157,295) 1,667,261 ( 1,937,785) 522,078 8,757,680
553,697 ( 323,451) 0 0 230,246 1,274,397
178,700 0 0 ( 153,000) 25,700 313,671
732,397 ( 323,451) 0 ( 153,000) 255,946 1,588,068
39,407,631 ( 40,520,501) 6,549,060 ( 6,568,280) ( 1,132,091) 33,863,667
460,000 ( 474,048) 110,000 ( 42,840) 53,112 6,324
470,000 ( 442,344) 0 ( 25,500) 2,156 162,552
0 230,878
1,210,340 ( 1,172,221) 0 ( 22,440) 15,679 4,427
1,680,340 ( 1,614,565) 0 ( 47,940) 17,835 397,857
0 0 0 0 0 19,737
2,140,340 ( 2,088,613) 110,000 ( 90,780) 70,947 423,919
41,547,971 ( 42,609,114) 6,659,060 ( 6,659,060) ( 1,061,143) 34,287,586
CITY OF SAN CARLOS 29 ADOPTED 2007- 2008 BUDGET
CITY OF SAN CARLOS 30 ADOPTED 2007- 2008 BUDGET
FUND BALANCE STATUS
Multi- Year Trend
( Fiscal Year)
( Funds are Reflected in Millions)
$-
$ 5.0
$ 10.0
$ 15.0
$ 20.0
$ 25.0
$ 30.0
$ 35.0
$ 40.0
1999 $ 22.3 $ 8.8 $ 5.3 $ 7.1 $ 1.1
2000 $ 22.6 $ 8.5 $ 5.2 $ 8.5 $ 0.4
2001 $ 24.4 $ 9.8 $ 6.0 $ 8.2 $ 0.4
2002 $ 26.5 $ 9.9 $ 7.6 $ 8.5 $ 0.5
2003 $ 19.6 $ 10.8 $ 7.8 $ 0.4 $ 0.6
2004 $ 30.5 $ 18.5 $ 7.2 $ 4.7 $ 0.1
2005 $ 32.0 $ 19.4 $ 6.9 $ 5.7 $-
2006 $ 33.1 $ 19.7 $ 6.6 $ 6.8 $-
2007 $ 35.4 $ 20.3 $ 6.9 $ 8.2 $-
2008 $ 34.3 18.7 $ 6.8 $ 8.8 $-
All Funds Capital & Other General Redevelopment Library Construction
Millions $
CITY OF SAN CARLOS
GENERAL FUND PROJECTIONS
Actual Budgeted Projected Adopted Forecasted Forecasted Forecasted
FY 2006 FY 2007 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011
REVENUES
Business Registration 5 09,900 515,000 515,000 525,300 535,806 546,522 5 57,453 c
Charges for Current Services 2 ,630,391 2,863,392 2,594,614 2,726,002 2,780,522 2,836,132 2 ,892,855 c
Fines & Forfeitures 2 41,986 278,220 227,600 283,784 289,460 295,249 3 01,154 c
From Other Agencies 2 07,028 52,543 496,203 53,594 54,666 5 5,759 5 6,874 c
Licenses & Permits 1 ,061,961 885,693 940,146 1,092,994 1,114,853 1,137,151 1 ,159,894 c
Other Revenue 5 09,843 330,369 421,276 325,854 332,371 339,019 3 45,799 c
Other Tax 1 ,025,617 1,023,000 1,035,400 1,043,460 1,064,329 1,085,616 1 ,107,328 c
Property Tax 8 ,202,071 8,180,000 8,650,000 8,706,940 8,968,148 9,237,193 9 ,514,308 b
Sales Tax 4 ,876,913 4,930,000 4,930,000 5,127,900 5,256,098 5,387,500 5 ,522,187 a
Transient Occupancy Tax 6 25,965 570,000 700,000 656,400 669,528 682,919 6 96,577 c
Use of Money & Property 7 25,422 772,717 838,366 834,269 850,955 867,974 8 85,333 c
Vehicle in Lieu 2 ,428,542 1,750,000 1,750,000 1,785,000 1,820,700 1,857,114 1 ,894,256 c
TOTAL REVENUES 23,045,641 22,150,934 23,098,605 23,161,497 23,737,436 24,328,147 24,934,019
EXPENDITURES
Salaries & Benefits 1 3,497,232 13,749,366 13,102,346 14,068,607 14,728,356 1 5,346,622 1 5,930,515 e
Operating Expenditures 5 ,504,501 5,874,464 5,791,575 6,216,879 6,341,217 6,468,041 6 ,597,402 f
Capital Outlay 2 83,768 86,493 79,260 119,935 122,334 124,781 1 27,276 g
Fire Services ( actuals includes legal fees) 5 ,038,857 5,267,520 5,749,910 5,595,855 5,819,689 6,052,477 6 ,294,576 h
TOTAL EXPENDITURES 24,324,358 24,977,843 24,723,091 26,001,276 27,011,596 27,991,921 28,949,769
TRANSFERS
Transfers In 1 ,460,347 3,322,369 3,322,369 3,174,719 3,238,214 3,302,978 3 ,369,038 i
Transfers out ( 403,419) ( 1,189,960) ( 1,689,960) ( 819,940) ( 341,639) ( 348,472) ( 355,441) j
TOTAL TRANSFERS ( NET) 1,056,928 2,132,409 1,632,409 2,354,779 2,896,575 2,954,506 3,013,597
NET CHANGE IN FUND BALANCE ( 221,789) ( 694,500) 7,923 ( 485,000) * ( 377,585) ( 709,268) ( 1,002,153)
UNAPPROPRIATED FUND BALANCE - BEGINNING OF YEAR 3,363,505 3,141,716 3,141,716 3,149,639 2,664,639 2,287,053 1,577,786
UNAPPROPRIATED FUND BALANCE - END OF YEAR 3,141,716 2,447,216 3,149,639 2,664,639 2,287,053 1,577,786 575,632
* FY 2008 includes one- time transfers totaling $ 110,000 to NPDES fund and $ 375,000 to the Restricted General Fund to offset OPEB liablity
Assumptions:
a - Sales tax assumes average growth of 2.5% per year based on conversations with HdL
b - Property tax assumes average growth of 3% per year based on conversations with HdL, could be much higher depending on home turnover
c - Assumes conservative 2% growth year over year
e - Assumes increases based on MOUs currently in place
f - Assumes conservative 2% growth year over year
g - FY07 capital outlay lower than previous years, assumption to begin to bring spending back to normal levels
h - Assumes the change in funding formula 52.3/ 47.7 against a total budget of $ 10.5M for FY08 and then increasing 4% year over year
i- FY09 adjusted for one- time transfers in during FY08, then increased 2% year over year assumes that transfer station continues to fund General Fund
j- FY09 adj for one- time transfers out during FY08, then incr 2% year over year. Tranfsers include funding to Equipment Replacement, Capital Impr and Park in Lieu which ends in FY10
This forecast will be updated annually as part of the budget process.
CITY OF SAN CARLOS 31 ADOPTED BUDGET 2007- 2008
CITY OF SAN CARLOS
FUND TRANSFER SUMMARY
Actual Actual Adopted Adopted
2004- 05 2005- 06 2006- 07 2007- 2008
TRANSFERS TO GENERAL FUND ( 01)
Fund: 01 - General Fund - Restricted
Police Department Grants Expenditures 0 0 209,899 -
Employee Housing Revolving Loan Program 199,900 0 - -
Employee PC Loan Reserve 25,000 0 - -
Fund: 06 - Sewer Fund
Use of R/ W and Services 311,938 405,100 445,000 4 53,900
Fund: 16 - Gas Tax
5111 - Engineering 6,000 6,000 6,000 6 ,120
5411 - Street Maintenance 224,526 277,242 233,735 2 38,410
5611 - Street Lighting 110,000 239,709 110,000 1 12,200
Asset Inventory & Evaluation 0 0 -
Fund: 25 - Capital Improvement
Transfer BFI Transfer Station Franchise Fee 0 0 1,300,000 1 ,326,000
Fund: 41 - Pulgas Creek Drainage Bond
Administrative Cost 15,306 0
Fund: 95 - Library Tenant Improvements
Return Tenant Rental Revenue to the General Fund 90,228 0 150,000 1 53,000
Bond Refinancing Proceeds 16,278
Various Funds - Admin Overhead Charge
Fund: 06 - Sewer Replacement 127,800 1 40,580 5 45,000 5 55,900
Fund: 14 - Measure " A" 1,729 1 ,799 1 ,800 1 ,836
Fund: 15 - NPDES 40,415 4 2,032 4 2,000 4 2,840
Fund: 16 - Gas Tax 698 5 5,726 - -
Fund: 25 - Capital Improvement 11,263 1 1,714 1 2,000 1 2,240
Fund: 27 - Park In Lieu 3,583 3 ,726 3 ,700 3 ,774
Fund: 29 - Housing In Lieu 33 3 5 3 5 3 6
Fund: 32 - Workers Compensation 23,483 2 4,423 2 5,000 2 5,500
Fund: 33 - Liability Insurance 21,154 2 2,000 2 2,000 2 2,440
Fund: 43 - Pulgas Creek 100 0 - -
Fund: 80 - Redevelopment Agency 131,472 1 36,730 1 40,000 1 42,800
Fund: 81 - Redevelopment Agency - Housing 44,127 4 5,892 4 5,000 4 5,900
Fund: 83 - Redevelopment - Bond Proceeds 28,964 3 0,123 30,000 3 0,600
Fund: 84 - Redevelopment - Hsg Bond Proceeds 1,191 1 ,238 1 ,200 1 ,224
Fund: 85 - Redevelopment - Special Gas Tax 0 0
TOTAL ----> 1,418,911 1,460,347 3,322,369 3,174,719
TRANSFERS TO EQUIP REPLACEMENT FUND ( 10)
Fund 01: 590002 General Fund ( 01) 0 0 627,960 2 27,700
Fund 06: 590002 Sewer Fund ( 06) 0 0 1 45,000 1 30,000
Fund 16: 590002 Gas Tax Fund ( 16) 0 0 1 5,000 1 5,300
TOTAL ----> 0 0 787,960 3 73,000
TRANSFERS TO MEASURE A FUND ( 14)
Fund: 16 - Gas Tax Fund
5411 Street Maintenance 99,532 0 0 0
TOTAL ----> 99,532 0 0 0
CITY OF SAN CARLOS 32 ADOPTED 2007- 2008 BUDGET
CITY OF SAN CARLOS
FUND TRANSFER SUMMARY
Actual Actual Adopted Adopted
2004- 05 2005- 06 2006- 07 2007- 2008
NPDES STORM DRAIN FUND ( 15)
Fund: 01 - General Fund
General Fund Loan 0 0 500,000 1 10,000
TOTAL ----> 0 0 500,000 110,000
TRANSFERS TO GAS TAX FUND ( 16)
Fund: 14 - Measure " A" 0 515,000 492,000 501,840
Fund: 25 - Capital Projects 550,000
TOTAL ----> 0 1,065,000 492,000 501,840
TRANSFERS TO PD GRANTS FUND ( 17)
Fund: 01 - General Fund Initial Balance 0 146,781 0 0
TOTAL ----> 0 146,781 0 0
TRANSFERS TO CAPITAL IMPROVEMENT FUND ( 25)
Fund: 01 - General
SLESF Funds - Police Records Mgmt( Thinkstream) 25,000 0 0 0
GP Update Fees - From Building 20,000
GP Update Fees - From Planning 24,000
Fund: 01 - General Fund - Restricted
9418 - El Camino Median Openings 250,000 0 0 0
Fund: 06 - Sewer Replacement
9537 - Flood Control Study - White Oak/ Laurel Project 12,000 0 0 0
Fund: 80 - RDA
9740 General Plan Update 80,000
Fund: 81 - RDA Housing
9740 General Plan Update 20,000
Fund: 25 - Capital Improvement - Restricted
Building Maintenance - City Hall/ Kiwanis Building Improvement 0 0 310,000 0
TOTAL ----> 287,000 0 310,000 144,000
TRANSFERS TO CAPITAL IMPROVEMENT FUND - RESTRICTED ( 25)
Fund: 25 - Capital Improvement
ERP Replacement - Charges to JPAs 0 0 0 0
- -
TOTAL ----> 0 0 0 0
TRANSFERS TO PARK IN LIEU FUND - Restricted ( 27)
Fund: 01 - General Fund
Transfer of Measure G Funds/ City Match 61,203 61,196 62,000 6 3,240
Fund: 01 - General Fund - Restricted
Arguello Park Restrooms & Storage # 9330 0 0 0 0
TOTAL ----> 61,203 61,196 62,000 63,240
TRANSFERS TO RDA - GENERAL FUND ( 80)
Fund: 81 - Redevelopment Agency Housing
RDA Housing Share of Bond Payments 12,550 12,550 12,550 12,801
San Carlos Ave Prop. Purchase - reverse prior year's transfer 0 0 0 0
TOTAL ----> 12,550 12,550 12,550 12,801
CITY OF SAN CARLOS 33 ADOPTED 2007- 2008 BUDGET
CITY OF SAN CARLOS
FUND TRANSFER SUMMARY
Actual Actual Adopted Adopted
2004- 05 2005- 06 2006- 07 2007- 2008
TRANSFERS TO RDA - HOUSING FUND ( 81)
Fund: 80 - Redevelopment Agency
20% Housing Set Aside 801,942 765,076 793,000 808,860
TOTAL ----> 801,942 765,076 793,000 808,860
TRANSFERS TO RDA - BOND PAYMENTS FUND ( 82)
Fund: 80 - Redevelopment Agency
Tax Increment Revenues 639,250 635,088 645,000 657,900
Fund: 81 - Redevelopment Agency Housing
Bond Payment - 1995 Housing Bonds 134,225 137,125 135,000 137,700
TOTAL ----> 773,475 772,213 780,000 795,600
TRANSFERS TO RDA - GENERAL BOND PROCEEDS ( 83)
Fund: 25 - Capital Improvement
9742 - Laurel Street Flood Control 40,000 -
9743 - Drainage Master Plan 5 0,000
Fund: 80 - RDA - General Fund
Tax Increment to fund projects - net 490,000 10,000 0 0
TOTAL ----> 490,000 10,000 40,000 50,000
TRANSFERS TO LIBRARY TENANT ( 95)
Fund: 01 - General Fund
Bond Refinancing Proceeds 195,442
New SC Library Tenant Improvements - Constr. 0 0 0
TOTAL ----> 0 195,442 0 0
GRAND TOTAL -----> 3,944,613 4,488,605 7,099,879 6,034,060
CITY OF SAN CARLOS 34 ADOPTED 2007- 2008 BUDGET
RESTRICTED FUND BALANCES
At Fiscal Year End: 6/ 30/ 2005 6/ 30/ 2006 6/ 30/ 2007 6/ 30/ 2008
01 - GENERAL FUND
Reserve for Economic Uncertainties 2,500,000 2,500,000 2,500,000 2,500,000
Council Contingency Reserve 0 0 - -
Other Post Employment Benefit Reserve 500,000 875,000
Employee PC Loan Program 5,065 5,065 5,065 5,065
Quality of Life Program 210,750 210,750 2 10,750 210,750
Reserve for Inventory/ Supplies 34,550 34,550 3 4,550 34,550
Federal Grant - Police ( LLEG) 18,043 18,043 - -
Federal Grant - Police ( BRULTE) 180,292 180,292 - -
State/ Federal Forfeiture - Police 11,564 11,564 - -
Special Assessment District Surplus 164,060 164,060 1 64,060 164,060
Employee Housing Loan Program 341,260 341,260 3 41,260 341,260
Electric Program Contingent Liabilities 42,589 42,589 4 2,589 42,589
3,508,173 3,508,173 3,798,274 4,173,274
25 - CAPITAL IMPROVEMENT FUND
City Bldgs - Major Maint/ Imp Reserve 900,000 900,000 5 90,000 340,000
ERP Replacement - Client Contribution 0 0 - -
AT& T PEG Funds 43,742 43,742 4 3,742 43,742
Property Acquisition - 1200 SC Ave. 1,070,815 1,070,815 1,070,815 1,070,815
HVAC Replacement Loan Amortization 0 0
2,014,557 2,014,557 1,704,557 1,454,557
27 - IN- LIEU PARK FEE FUND
Measure G Funds/ City Match 624,435 746,827 8 70,827 347,307
624,435 746,827 8 70,827 347,307
84 - HOUSING BOND FUND
Reserve - San Carlos Elms 305,000 305,000 3 05,000 305,000
305,000 305,000 305,000 305,000
CITY OF SAN CARLOS 35 ADOPTED 2007- 2008 BUDGET
CITY OF SAN CARLOS 36 ADOPTED 2007- 2008 BUDGET
This Page Intentionally Left Blank
CITY OF SAN CARLOS 37 ADOPTED 2007- 2008 BUDGET
REVENUE ASSUMPTIONS
FISCAL BUDGET 2007- 2008
The Finance Division prepares the revenue projections and reviews these projections with the
Administrative Services Director and the City Manager. The Finance Division estimates current
year and projects future year revenues based on a combination of current trends, historical
performance and anticipated changes to local, regional and national economic conditions and
their resulting affects on individual revenue sources.
Non- recurring revenues that are anticipated are forecasted separately and scheduled only for the
year or years in which they are anticipated. Certain revenue sources are limited in use by law or
local policy, such as: gasoline taxes, development charges, Measure " A" taxes, assessment district
charges, and grants. Forecasts of expenditures for public street construction and other capital
improvements are identified separately for comparison with their restricted revenue sources.
Unlike appropriations that can be established at the direction of the City, many key revenues are
controlled by external forces to the City. For instance, Property Tax revenues vary with real
estate values, and building activity revenue is affected by the volume and type of Building
Permits and plan check requests. Sales Tax and Transient Occupancy Tax ( TOT) revenues are
subject to local and national economic cycles, businesses’ decision to locate in the community
and travel activity of businesses and tourists.
The majority of the City’s General Fund revenues is produced from a small number of sources,
e. g.: sales tax, property tax, vehicle license fees, business registration, fees for services, and
transient occupancy tax.
DESCRIPTION OF MAJOR GENERAL FUND REVENUE SOURCES
Sales Tax – Sales Tax is collected by the State Board of Equalization against tangible items. The
local portion is returned to the city and county based on where the sale was made. The City
considers the historical rate of change and economic conditions in forecasting future revenue. The
passage of Proposition 57 in 2004 revised the distribution method for Sales Tax in California.
The City now receives .75% of the local 8.25% sales tax rate from the State Board of
Equalization. An additional .25% is “ backfilled” with County ERAF Funds as part of the
legislation to secure the State Economic Recovery Bonds using a portion of Sales Tax revenue.
While the City receives the .75% portion on a monthly basis, the smaller .25% is now paid in two
equal payments in January and May. The sales tax is approximately 22% of general fund
revenues.
Property Taxes – Property Tax revenue is collected and distributed by the County of San Mateo
based on applying the constitutionally limited tax rate of 1% to the assessed value of certain
secured and unsecured properties as determined by the County Assessor. The City’s share of this
property tax revenue is approximately 12- 13%, less the rebate back to the state for ERAF, or
about 11 cents per dollar of tax collected. The City of San Carlos and the County of San Mateo
have entered into a Teeter agreement, whereby the City receives 100% of its share of the taxes
assessed, with the County retaining all delinquent penalties and interest collected. This property
tax is approximately 38% of general fund revenues.
CITY OF SAN CARLOS 38 ADOPTED 2007- 2008 BUDGET
Fees for Services – Cost of Services fees are revised on an annual basis based on a
comprehensive review of actual costs. This revenue source is approximately 12% of general fund
revenues.
Vehicle- in- Lieu – This revenue is generated by vehicle registration fees. Vehicle- in- Lieu is
approximately 8% of general fund revenues. As a result of the passage of the Budget Act of 2004,
the majority of this revenue is now “ backfilled” by the County, as a “ property tax in lieu”
payment rather than paid directly by the State. The 2004- 2005 payments received by the City
established the base year for this revenue stream. All future payments to cities are based on the
growth in assessed valuations rather than actual VLF revenue received by the State.
Transient Occupancy Tax ( TOT) – The City has a tax rate of 10% on room revenues paid to
hotels within the City. The tax is paid by the guests staying at these accommodations and
remitted by the hotels to the City on a quarterly basis. This revenue source had historically
diminished substantially due to the economic downturn. However, in most recent years, TOT
revenue appears to be increasing in accordance with the increasing economy. TOT revenue is
approximately 2.8% of general fund revenues.
Business Registration Tax – This revenue is generated by a registration tax paid by all
businesses operating within the City. This revenue source is approximately 2.3% of general fund
revenues.
GENERAL FUND REVENUES ( 0001) Revised Budget Actual Revised Budget Proejcted Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
BUSINESS REGISTRATION 4 55,000 5 09,900 5 15,000 515,000 525,300
CHARGES FOR CURRENT SERVICES 2 ,237,450 2 ,630,391 2,827,382 2,594,614 2,726,002
FINES & FORFEITURES 2 36,000 2 41,986 2 78,220 227,600 283,784
FROM OTHER AGENCIES 2 6,252 2 07,028 5 2,543 496,203 53,594
LICENSES & PERMITS 7 20,810 1 ,061,961 8 85,693 940,146 1,092,994
OTHER REVENUE 5 96,723 5 09,843 3 30,369 421,276 325,854
OTHER TAX 9 65,000 1 ,025,617 1,023,000 1,035,400 1,043,460
PROPERTY TAX 6 ,843,370 8 ,202,071 8,180,000 8,650,000 8,706,940
SALES TAX 4 ,409,000 4 ,876,913 4,930,000 4,930,000 5,127,900
TRANSIENT OCCUPANCY TAX 4 50,000 6 25,965 5 70,000 700,000 656,400
USE OF MONEY & PROPERTY 6 26,288 7 25,422 7 72,717 838,366 834,269
VEHICLE IN LIEU 1 ,500,000 2 ,428,542 1,750,000 1,750,000 1,785,000
DEPOSIT - - - - -
SUB TOTAL ----> 19,065,893 23,045,640 22,114,924 23,098,605 23,161,497
SEWER FUND REVENUE ( 0006) Revised Budget Actual Revised Budget Proejcted Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
BUSINESS REGISTRATION - - - - -
CHARGES FOR CURRENT SERVICES - - - - -
FINES & FORFEITURES - - - - -
FROM OTHER AGENCIES - - - - -
LICENSES & PERMITS - - - - -
OTHER REVENUE 4 ,328,000 4 ,516,249 5,852,000 5,852,000 7,125,840
OTHER TAX - - - - -
PROPERTY TAX - - - - -
SALES TAX - - - - -
TRANSIENT OCCUPANCY TAX - - - - -
USE OF MONEY & PROPERTY - - - - -
VEHICLE IN LIEU - - - - -
SUB TOTAL ----> 4,328,000 4,516,249 5,852,000 5,852,000 7,125,840
GRANTS- POLICE ( 0017) Revised Budget Actual Revised Budget Proejcted Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
BUSINESS REGISTRATION - - - - -
CHARGES FOR CURRENT SERVICES - - - - -
FINES & FORFEITURES - - - - -
FROM OTHER AGENCIES 1 5,000 1 22,527 2 05,109 205,109 209,211
LICENSES & PERMITS - - - - -
OTHER REVENUE - 1 ,742 - - -
OTHER TAX - - - - -
PROPERTY TAX - - - - -
SALES TAX - - - - -
TRANSIENT OCCUPANCY TAX - - - - -
USE OF MONEY & PROPERTY - - - - -
VEHICLE IN LIEU - - - - -
SUB TOTAL ----> 15,000 124,269 205,109 205,109 209,211
OPERATION SUB TOTAL ----> 23,408,893 27,686,157 28,172,033 29,155,714 30,496,548
REVENUES BY MAJOR CATEGORY AND SOURCE
CITY OF SAN CARLOS 39 ADOPTED 2007- 2008 BUDGET
REVENUES BY MAJOR CATEGORY AND SOURCE
Revised Budget Actual Revised Budget Proejcted Actual Adopted Budget
CAPITAL FUND REVENUES 2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
MEASURE " A" ( 0014) 1 ,074,818 5 88,641 5 55,000 605,000 566,100
GAS TAX ( 0016) 7 33,500 7 60,747 8 85,950 1,006,223 967,829
CAPITAL IMPROVEMENT ( 0025) 1 ,306,251 1 ,543,209 1,437,251 1,520,651 1,403,836
PARK IN LIEU ( 0027) 9 4,000 7 69,284 9 63,303 330,368 1,184,340
PARKING IN LIEU ( 0028) 5 ,768 4 ,399 5 ,768 5,768 5,883
AFFORDABLE HOUSING IN LIEU ( 0029) 4 0,000 2 48,093 4 0,000 175,000 100,800
RDA - OPERATING ( 0080) 2 ,490,898 2 ,402,004 2,565,325 3,339,755 3,016,631
RDA - HOUSING ( 0081) 1 95,000 2 03,308 1 60,000 700,000 220,200
RDA - BOND PAY ( 0082) 6 ,000 2 7,825 6 ,000 30,000 15,000
RDA - BOND GEN ( 0083) 5 0,000 3 00,468 1 66,000 196,000 218,320
RDA - BOND HOUSING ( 0084) 3 92,300 4 52,136 3 92,300 462,300 479,746
SC LIBRARY - BOND SERVICE ( 0093) 5 28,300 5 75,392 5 42,840 542,840 553,697
SC LIBRARY- TENANT IMPROV. ( 0095) 93,174 8,277,704 175,196 175,196 178,700
SUB TOTAL ----> 7,010,009 16,153,210 7,894,933 9,089,101 8,911,083
OP & CAP TOTAL ----> 30,418,902 43,839,367 36,066,966 38,244,815 39,407,631
OTHER FUNDS Revised Budget Actual Revised Budget Proejcted Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
NPDES ( 0015) 445,000 420,566 485,000 460,000 460,000
WORK COMP - UNRESCTRICTED ( 0032) 482,055 409,865 469,055 417,684 470,000
LIABILITY INSURANCE ( 0033) 1,632,864 954,738 1,260,529 1,129,533 1,210,340
PULGAS CREEK ( 0041) 0 19,738 0 0 0
OTHER FUND TOTAL ----> 2,559,919 1,804,906 2,214,584 2,007,217 2,140,340
GRAND TOTAL 32,978,821 45,644,274 38,281,550 40,252,032 41,547,971
CITY OF SAN CARLOS 40 ADOPTED 2007- 2008 BUDGET
REVENUE DETAIL BY FUND
GENERAL FUND ( 0001)
SALES TAX Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
401001 SALES TAX 4,284,000 4,749,140 4 ,800,000 4,800,000 4,994,000
401002 1/ 2 CENT SALES TAX PUBLIC SAFE 1 25,000 1 27,773 1 30,000 130,000 133,900
401003 1/ 2 CENT SALES TAX MEASURE A - - - - -
SUB TOTAL ----> 4 ,409,000 4 ,876,913 4,930,000 4,930,000 5,127,900
PROPERTY TAX Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
402001 PROPERTY TAX - CURRENT SECURED 5,637,110 5,886,255 6 ,700,000 6,812,886 6,976,000
402002 PROPERTY TAX - CURR UNSECURED 3 25,000 3 27,947 3 35,000 335,000 345,050
402003 PROPERTY TAX - DELINQUENT - - - - -
402004 PROPERTY TAX - AIRCRAFT 1 50,000 2 95,226 2 50,000 250,000 257,500
402005 PROPERTY TAX - UNITARY 3 5,000 5 1,623 52,000 52,000 53,560
402006 PROPERTY TAX - INTEREST & PEN - 277 - - -
402007 PROPERTY TAX - SB813 SECURED 1 50,000 3 46,244 1 50,000 150,000 154,500
402008 PROPERTY TAX - SB813 UNSECURED - 9 ,610 - - -
402009 PROPERTY TAX - ERAF REFUND 2 71,260 9 15,519 3 82,000 689,114 600,000
402010 REAL PROPERTY TRANSFER TAX 2 25,000 3 18,385 2 50,000 300,000 257,500
402011 HOMEOWNERS TAX RELIEF 5 0,000 5 0,985 61,000 61,000 62,830
402012 RDA PASS THROUGH TO COUNTY - - - - -
SUB TOTAL ----> 6 ,843,370 8 ,202,071 8,180,000 8,650,000 8,706,940
OTHER TAX Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
405001 FRANCHISE FEES - BFI FRAN FEE 2 30,000 2 20,860 2 35,000 235,000 239,700
405002 FRANCHISE FEES - PG& E 3 60,000 3 86,793 3 90,000 402,400 397,800
405003 FRANCHISE FEES - CABLE TV 3 05,000 3 32,142 3 10,000 310,000 316,200
405004 FRANCHISE FEES - CALIF WATER 7 0,000 8 5,821 88,000 88,000 89,760
SUB TOTAL ----> 9 65,000 1 ,025,617 1,023,000 1,035,400 1,043,460
LICENSES & PERMITS Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
407001 BUILDING PERMITS 4 60,000 5 69,288 5 99,930 599,930 767,000
407002 PLUMBING PERMITS 6 0,000 6 5,118 61,200 61,200 62,424
407003 MECHANICAL PERMITS 4 5,000 5 6,014 45,900 45,900 46,818
407004 ELECTRICAL PERMITS 7 5,000 9 3,566 76,500 76,500 78,030
407005 GRADING PERMITS 2 ,000 1 ,034 2,040 2,040 2,081
407006 ENCROACHMENT PERMITS 7 0,000 2 52,881 70,083 110,083 106,000
407022 TREE REMOVAL PERMITS 8 ,810 2 1,044 21,000 21,000 21,420
407023 TREE REPLACEMENT DEPOSIT - 1 ,200 9,000 9,000 9,180
407027 TREE PLANTING DEPOSIT - - - - -
407028 GENERAL PLAN SURCHARGE FEE - 1 ,780 - 14,453 -
480014 ANNUAL MEMBERSHIP DUES - - - - -
480207 BICYCLE LICENSE FEE - 37 40 4 0 41
SUB TOTAL ----> 7 20,810 1 ,061,961 885,693 940,146 1,092,994
CITY OF SAN CARLOS 41 ADOPTED 2007- 2008 BUDGET
REVENUE DETAIL BY FUND
FINES & FORFEITURES Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
410001 VEHICLE CODE FINES 1 05,000 1 23,488 1 25,000 125,000 127,500
410004 BUILDING PERMITS VIOLATIONS 2 0,000 2 4,563 20,000 20,000 20,400
410005 NSF CHARGE - 396 - - -
430017 PARKING FINES 1 11,000 9 3,540 1 33,220 82,600 135,884
SUB TOTAL ----> 2 36,000 2 41,986 278,220 227,600 283,784
USE OF MONEY & PROPERTY Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
409100 INVESTMENT INCOME 3 50,000 4 34,486 3 50,000 400,000 442,800
409101 INVESTMENT INC GASB31 FAIR VAL - ( 131,026) - - -
409102 INVESTMENT INCOME ALLOCATION ( 60,000) ( 63,450) ( 60,000) ( 60,000) ( 61,200)
409200 INTEREST INCOME - - - - -
409201 INTEREST INC EE COMPUTR LOAN 2 00 101 200 200 204
409202 INTEREST INCOME MORTGAGE LOAN 7 ,000 - 7,000 7,000 7,140
409203 INTEREST INCOME EE HOME LOAN 6 ,600 1 5,724 6,600 22,000 6,732
409206 INT INCOME - BOND 168 QUEENS C - 1 ,569 - - -
409301 RENTS CONCESS - SKYWAY PROP 8 2,500 1 17,038 84,150 84,150 85,833
409302 RENTS CONCESS - SO COUNTY FIRE 2 8,736 2 8,736 28,736 28,736 29,311
409303 RENTS CONCESS - DOLLAR COMPANY 9 1,800 9 1,570 91,800 91,800 93,636
409304 RENTS CONCESS - CINGULAR 2 0,248 6 2,992 1 04,653 84,000 86,520
409305 RENTS CONCESS - INNS OF AMER 8 0,000 1 67,191 1 40,000 179,996 142,800
409306 RENTS CONCESS - VICS 4 84 492 484 484 494
409321 RENTS CONCESS - BAY AREA CELL 1 8,720 - 19,094 - -
409322 RENTS CONCESS - METRICOM - - - - -
SUB TOTAL ----> 6 26,288 7 25,422 772,717 838,366 834,269
FROM OTHER AGENCIES Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
403002 OFF HIGHWAY MOTOR VEHICLE IN- L - 1 ,060 1,000 1,000 1,020
420101 COPS MORE - 9 - - -
420102 SLESF - - - - -
420104 DARE FUNDING 1 0,000 2 2,911 10,000 10,468 10,200
420106 SAFETY VEST PARTNERSHIP 1 ,702 2 ,810 1,702 1,702 1,736
420107 OTS GRANT SEAT BELT COMPLIANCE - - - - -
420301 PROP 12 GRANT - - - - -
420302 PROP 40 GRANT - - - - -
420305 HIGHLAND TENNIS CT RESURF GRAN - - - - -
420501 GRANTS - 3 4,451 - 35,040 -
430003 POST REIMBURSEMENT 1 0,300 5 1,649 10,506 51,000 10,716
480004 MEASURE G FUNDS - - - - -
480005 MTC TDA ARTICLE 3 BIKE LANE - - - - -
480016 SB90 REIMBURSEMENT - 8 8,821 25,000 392,658 25,500
480201 STATE HIGHWAY MAINTENANCE REIM 4 ,250 5 ,316 4,335 4,335 4,422
480405 PROP 12 ALLOCATION - - - - -
480406 PROP 40 GRANT - - - - -
SUB TOTAL ----> 2 6,252 2 07,028 52,543 496,203 53,594
CITY OF SAN CARLOS 42 ADOPTED 2007- 2008 BUDGET
REVENUE DETAIL BY FUND
CHARGES FOR CURRENT SERVICES Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
407007 ZONING/ VARIANCE/ USE PERMIT FEE 2 60,000 3 33,770 3 57,000 200,000 257,000
407008 ZONING/ PLAN COMMISSION APPEALS - - - - -
407009 PLANNING DEPT MISC SERVICES - 457 - - -
407010 SUBDIVISION FEE - PLANNING - - - - -
407011 PLAN CHECK - ENGINEERING - 3 ,847 - - -
407012 PLAN CHECK - ACCESSIBILITY 3 ,000 9 ,818 3,060 3,060 3,121
407013 PLAN CHECK - ENERGY CALCULATIO 1 8,000 2 5,592 18,360 18,360 18,727
407014 PLAN CHECK - GEOLOGIC 2 6,000 4 1,858 26,520 26,520 27,050
407015 PLAN CHECK - BUILDING 2 50,000 3 63,542 3 85,730 385,730 393,445
407016 PLAN CHECK - SOUTH COUNTY FIRE - 4 5,209 - - -
407018 APARTMENT INSPECTION FEES 3 0,000 1 6,411 30,600 30,600 31,212
407019 GIS FEES 1 0,000 1 4,742 10,200 10,200 10,404
408101 RECREATION 3 5,000 1 9,148 30,840 30,340 31,457
408110 SPONSORSHIP - - - - -
408200 CLASS SYSTEM 1,327,100 1,306,390 1 ,379,232 1,411,826 1,436,818
408501 BUILDING RENTAL DEPOSIT/ REFUND 2 6,000 1 5,911 16,450 8,450 17,619
408502 ADMINISTRATIVE FEE - - 32,700 16,700 33,354
408505 BUILDING RENTAL JANITORIAL - 725 - - -
408510 RESERVATIONS 3 ,500 1 4,931 5,000 10,500 12,200
408601 GENERAL RECEIPTS 9 9,500 8 0,765 89,780 31,025 77,735
408602 COMMUNITY PROMOTION 3 ,000 6 45 3,060 1 0 3,121
430001 ABANDON VEHICLE RECOVERY 3 0,000 3 6,195 30,600 38,095 31,212
430002 BURGLAR & FIRE ALARM SYSTEM 5 ,000 3 ,010 5,000 5,000 5,100
430004 AB 1662 BOOKING FEES 6 6,400 1 21 66,400 21,384 -
430005 ACCIDENT REPORTS 1 ,000 1 ,051 1,000 1,000 1,020
430006 CRIME REPORTS 8 00 596 800 800 816
430007 BACKGROUND CHECKS 5 00 - 500 500 510
430008 GOOD CONDUCT LETTER 4 00 440 400 400 408
430009 INCIDENT PHOTO 5 00 2 ,005 500 500 510
430010 RECORD REVIEW - - - - -
430011 TAPE RADIO TRANSMISSION - 80 - - -
430012 FIRST CHANCE FEE 1 ,300 2 ,802 1,300 2,474 1,326
430013 DRUNK DRIVING COST RECOVERY 1 ,000 6 ,127 1,000 3,474 1,000
430014 VEHICLE RELEASE FEE 6 ,900 6 ,513 6,900 7,280 7,038
430015 ALARM RESPONSE 9 ,000 2 4,276 9,900 9,900 10,098
430018 MASSAGE THERAPIST ANNUAL FEE 2 00 2 ,578 200 200 204
430019 FIRE DEPARTMENT SERVICES - 1 7,181 - - -
430021 REPO VEHICLE INFO ENTERING FEE 1 50 195 150 150 153
430022 SUBPOENA - 750 - - -
430023 ALARM MONITORING FEE 7 ,000 3 ,180 7,000 300 -
430024 LOUD PARTY RESPONSE - - - - -
430025 LIVE SCAN FEE 1 0,500 1 ,803 10,500 10,500 10,710
480020 SOUTH COUNTY FIBER OPTICS 5 ,700 6 ,600 5,700 5,700 5,814
480021 ALLIED WASTE DISPOSAL SETTLEMN - 2 21,024 2 91,000 294,699 296,820
480022 ALLIED LIQUIDATED DAMAGES - - - 8,937 -
480211 DOCUMENT CERTIFICATION - 104 - - -
SUB TOTAL ----> 2 ,237,450 2 ,630,391 2,827,382 2,594,614 2,726,002
CITY OF SAN CARLOS 43 ADOPTED 2007- 2008 BUDGET
REVENUE DETAIL BY FUND
OTHER REVENUE Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
430016 MISCELLANEOUS - 1 ,326 - - -
430026 ASSET FORFEITURE - 583 - - -
430027 INNER PERSPECTIVES CONTRIBUTIO - 7 ,309 7,500 5,600 7,650
440101 COST REIMB- SOUTH BAYSIDE WASTE 9 5,625 9 4,917 95,625 165,000 90,780
440102 COST REIMB RGS SUPPORT SERVICE 1 34,760 1 10,473 - - -
440103 COST REIMB- LOCAL GOVERNMENT SV 8 8,760 5 9,282 1,760 - -
440104 COST REIMB- PENINSULA TV - 2 8,511 - - -
440105 COST REIMB- SAMCAT 2 0,000 1 8,519 20,000 20,000 20,400
440106 COST REIMB- CCAG 3 3,790 2 9,251 33,790 52,000 68,000
440107 COST REIMB - REDWOOD CITY - - - - -
440108 COST REIMB RGS RENT - 2 ,040 - - -
440109 COST REIMBURSEMENT - RGS RISK - - - - -
440201 COST REIMB- OFFICE EDUCATION BU 8 0,000 7 ,548 12,000 2,000 2,040
440202 COST REIMB- SC LIBRARY UTILITIE 2 7,563 3 3,250 28,677 28,677 28,850
440203 COST REIMB- NEIL MARTIN & ASSOC 5 ,015 3 ,428 5,015 - -
440204 COST REIMB- SC LIBRARY RENT - 560 - - -
440205 COST REIMB - FUEL FIRE DEPT - 2 1,171 - 15,000 -
440301 COST REIMB - PAYROLL - - - - -
440302 COST REIMB - ACCOUNTS PAYABLE - - - - -
440303 COST REIM - ADMINISTRATIVE SVC - - - - -
440304 COST REIMBURSEMENT 3 6,960 7 7,556 49,200 19,601 36,936
440305 COST REIMB - INSURANCE CERTIF - 1 ,058 - - -
440306 COST REIMB - LIABILITY - ( 16,501) - - -
440307 ERP REPLACEMENT / UPGRADE - - - - -
440308 COST REIMB COBRA/ RETIREE - 221 - - -
440309 COST REIMB METROSCAN - 496 - - -
440310 COST REIMBURSEMENT PUBLICATION - 133 - - -
480008 MISCELLANEOUS 7 ,000 ( 179,179) 7,000 28,939 -
480009 DOC RECYCLE ST DEPT CONSERVAT - 1 19,771 - - -
480010 ABANDONED VEHICLE PROGRAM - - - - -
480011 ABAG POWER REBATE - - - - -
480100 DONATIONS 4 6,000 5 4,655 49,500 55,209 50,490
480202 AGENDA SUBSCRIPTIONS - - - - -
480203 SALE OF MAPS & SPECIFICATIONS 2 ,600 1 ,772 2,652 300 2,705
480204 COPY CHARGES 6 50 4 ,127 650 650 663
480205 PASSPORTS 1 0,000 2 1,806 9,000 20,000 9,180
480206 IMAGING/ MICROFILMING 3 ,000 4 ,064 3,000 3,000 3,060
480208 CITY COUNCIL CITY CLERK APPEAL - 805 - - -
480209 SALE OF PERSONAL PROPERTY 5 ,000 6 00 5,000 5,000 5,100
480210 SCOOT RENTAL - - - - -
480212 WEEK OF THE FAMILY - 292 - 300 -
SUB TOTAL ----> 5 96,723 5 09,843 330,369 421,276 325,854
BUSINESS REGISTRATION Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
406001 BUSINESS REGISTRATION FEE 4 55,000 5 09,900 5 15,000 515,000 525,300
406100 BUSINESS REGISTRATION LATE FEE - - - -
SUB TOTAL ----> 4 55,000 5 09,900 515,000 515,000 525,300
TRANSIENT OCCUPANCY TAX Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
404001 TRANSIENT OCCUPANCY TAX 4 50,000 6 25,965 5 70,000 700,000 656,400
SUB TOTAL ----> 4 50,000 6 25,965 570,000 700,000 656,400
VEHICLE IN LIEU Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
403001 MOTOR VEHICLE IN- LIEU FEE 1,500,000 2,428,542 1 ,750,000 1,750,000 1,785,000
SUB TOTAL ----> 1 ,500,000 2 ,428,542 1,750,000 1,750,000 1,785,000
DEPOSIT Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
407024 SHORT TERM DEPOSIT - - - - -
407026 CONSTRUCT DEMOLITION DEPOSIT - - - - -
SUB TOTAL ----> - - - - -
GENERAL FUND ( 0001) 19,065,893 23,045,640 22,114,924 23,098,605 23,161,497
CITY OF SAN CARLOS 44 ADOPTED 2007- 2008 BUDGET
REVENUE DETAIL BY FUND
SEWER ( 0006) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
440304 COST REIMBURSEMENT - - - - -
480301 SANITARY SEWER INSPECTION - 1 ,925 - - -
480302 SEWER CONNECTION 3 2,000 2 4,611 32,000 32,000 32,640
480303 SEWER SERVICE ASSESSMENT 4,100,000 4,470,422 5 ,784,000 5,784,000 7,056,480
480304 SEWER CONNECTION SBSA 3 6,000 ( 6,197) 36,000 36,000 36,720
480305 SEWER CHARGE COUNTY DISTRICTS 1 60,000 - - - -
480306 SEWER CHRG HARBOR INDUST DIST - 2 5,487 - - -
SUB TOTAL ----> 4 ,328,000 4 ,516,249 5,852,000 5,852,000 7,125,840
GRANTS- POLICE ( 0017) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
420102 SLESF - 1 02,612 1 01,000 101,000 103,020
420104 DARE FUNDING - - 10,000 10,000 10,200
420106 SAFETY VEST PARTNERSHIP - - - - -
420107 OTS GRANT SEAT BELT COMPLIANCE - 1 3,507 30,000 30,000 30,600
420501 GRANTS 1 5,000 6 ,407 64,109 64,109 65,391
480100 DONATIONS - 1 ,742 - - -
SUB TOTAL ----> 1 5,000 1 24,269 205,109 205,109 209,211
OPERATING & CAPITAL TOTAL 23,408,893 27,686,157 28,172,033 29,155,714 30,496,548
MEASURE A TRAFFIC CONGESTION ( 0014) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
401003 1/ 2 CENT SALES TAX MEASURE A 5 15,000 5 81,241 5 15,000 515,000 525,300
420601 CCAG CONGESTION RELIEF 3 42,818 - - 50,000 -
480008 MISCELLANEOUS 2 0,000 - - - -
480013 AB 434 DMV FEE 1 20,000 - 40,000 40,000 40,800
480100 DONATIONS 7 6,000 7 ,400 - - -
480210 SCOOT RENTAL 1 ,000 - - - -
SUB TOTAL ----> 1 ,074,818 5 88,641 555,000 605,000 566,100
NPDES FUND ( 0015) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
480002 NPDES FEES 4 45,000 4 20,566 4 85,000 460,000 460,000
430022 SUBPOENA - - - -
440304 COST REIMBURSEMENT - - - -
SUB TOTAL ----> 4 45,000 4 20,566 485,000 460,000 460,000
CITY OF SAN CARLOS 45 ADOPTED 2007- 2008 BUDGET
REVENUE DETAIL BY FUND
GAS TAX ( 0016) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
407025 DIRT HAULING PERMIT 1 ,000 8 ,380 20,000 135,000 20,400
420201 DEPT OF TRANSPORTATION GRANT 1 60,000 1 ,063 162,000 162,000 220,000
440304 COST REIMBURSEMENT - 2 2,019 30,000 30,000 40,000
470001 STATE GAS TAX 2105 1 78,000 1 71,841 1 81,560 181,560 185,191
470002 STATE GAS TAX 2106 CONSTRUCTIO 1 53,500 1 31,258 1 56,570 156,570 159,701
470003 STATE GAS TAX 2107 MAINTENANCE 2 35,000 2 28,938 2 39,700 239,700 244,494
470004 STATE GAS TAX 2107.5 ENGINEER 6 ,000 6 ,000 6,120 6,120 6,242
470005 STATE TRAFFIC CONGEST RELIEF - 1 25,775 90,000 95,273 91,800
480001 FEES FOR SERVICES PROVIDED - - - - -
480005 MTC TDA ARTICLE 3 BIKE LANE - 6 4,470 - - -
480008 MISCELLANEOUS - - - - -
480203 SALE OF MAPS & SPECIFICATIONS - 1 ,003 - - -
SUB TOTAL ----> 7 33,500 7 60,747 885,950 1,006,223 967,829
0040
PULGAS CREEK ( 0041) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
402001 PROPERTY TAX - CURRENT SECURED - - - - -
409102 INVESTMENT INCOME ALLOCATION - - - - -
480006 DRAINAGE ASSESSMENT - 1 9,738 - - -
407024 SHORT TERM DEPOSIT - - - - -
SUB TOTAL ----> - 1 9,738 - - -
CAPITAL IMPROVEMENT PROJECTS ( 0025) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
409317 RENTS CONCESS - WHEELER - 2 1,848 - - -
405009 PEG REVENUE - 2 07,195 1 31,000 131,000 71,460
440101 COST REIMB- SOUTH BAYSIDE WASTE 1,300,000 1,241,810 - - -
440304 COST REIMBURSEMENT 2 ,251 7 2,237 2,251 85,651 2,296
440307 ERP REPLACEMENT / UPGRADE 4 ,000 - 4,000 4,000 4,080
405005 FRANCHISE FEE- SBWMA FRANCHISE - - 1 ,300,000 1,300,000 1,326,000
480015 SELF GENERATION INCENTIVE PROG - - - - -
480203 SALE OF MAPS & SPECIFICATIONS - 120 - - -
SUB TOTAL ----> 1 ,306,251 1 ,543,209 1,437,251 1,520,651 1,403,836
PARK IN- LIEU ( 0027) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
407024 SHORT TERM DEPOSIT - - - - -
408501 BUILDING RENTAL DEPOSIT/ REFUND - - - - -
408601 GENERAL RECEIPTS - 1 5,000 - - -
409102 INVESTMENT INCOME ALLOCATION 5 ,000 1 4,443 5,000 5,000 5,100
420301 PROP 12 GRANT - 2 77,034 96,303 69,258 -
420302 PROP 40 GRANT - 2 36,439 - 59,110 -
420305 HIGHLAND TENNIS CT RESURF GRAN - 1 0,000 - - -
480004 MEASURE G FUNDS 6 2,000 6 1,196 62,000 62,000 63,240
480100 DONATIONS - 2 ,800 - - 300,000
480203 SALE OF MAPS & SPECIFICATIONS - 300 - - -
480401 IN LIEU PARK LAND DEDICATION F - 1 7,190 - - -
480402 PARK FACILITY DEV FEE BEDROOM 2 7,000 1 34,882 8 00,000 135,000 816,000
480405 PROP 12 ALLOCATION - - - - -
480406 PROP 40 GRANT - - - - -
SUB TOTAL ----> 9 4,000 7 69,284 963,303 330,368 1,184,340
CITY OF SAN CARLOS 46 ADOPTED 2007- 2008 BUDGET
REVENUE DETAIL BY FUND
Revised Budget Actual Revised Budget Projected Actual Adopted Budget
PARKING IN- LIEU ( 0028) 2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
409307 RENTS CONCESS - BELL MARKET 9 29 1 ,832 929 929 948
409308 RENTS CONCESS - SNEAKERS - 720 - - -
409309 RENTS CONCESS - FOODVILLE 9 39 1 ,846 939 939 958
480403 PARKING IN- LIEU FEE 3 ,900 - 3,900 3,900 3,978
480100 DONATIONS - - - - -
480404 AFFORDABLE HSG I LIEU FEE ( BMR - - - - -
SUB TOTAL ----> 5 ,768 4 ,399 5,768 5,768 5,883
HOUSING IN- LIEU ( 0029) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
409307 RENTS CONCESS - BELL MARKET - - - - -
409308 RENTS CONCESS - SNEAKERS - - - - -
409309 RENTS CONCESS - FOODVILLE - - - - -
480403 PARKING IN- LIEU FEE - - - - -
480100 DONATIONS - - - - -
480404 AFFORDABLE HSG I LIEU FEE ( BMR 4 0,000 2 48,093 40,000 175,000 100,800
SUB TOTAL ----> 4 0,000 2 48,093 40,000 175,000 100,800
WORKERS COMP ( 0032) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
409102 INVESTMENT INCOME ALLOCATION 5 ,000 6 ,572 - - -
480501 WORKERS COMP REIMBURSEMENT 3 0,000 3 ,293 - 17,684 -
480502 EXCESS WORKERS COMP PREMIUMS 4 47,055 4 00,000 4 69,055 400,000 470,000
SUB TOTAL ----> 4 82,055 4 09,865 469,055 417,684 470,000
Revised Budget Actual Revised Budget Projected Actual Adopted Budget
GENERAL LIABILITY ( 0033) 2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
440109 COST REIMBURSEMENT - RGS RISK 1 2,000 - - - -
420501 GRANTS - - 17,000 17,000 17,340
480503 LIABILITY PREMIUMS 1,620,864 9 50,000 1 ,243,529 1,110,200 1,193,000
409102 INVESTMENT INCOME ALLOCATION - 4 ,738 - - -
440306 COST REIMB - LIABILITY - - 2,333 -
SUB TOTAL ----> 1 ,632,864 9 54,738 1,260,529 1,129,533 1,210,340
REDEVELOPMENT GENERAL ( 0080) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
402001 PROPERTY TAX - CURRENT SECURED 3,100,000 3,282,132 3 ,193,000 3,795,254 3,656,860
402002 PROPERTY TAX - CURR UNSECURED 7 98,189 5 26,780 8 22,135 614,051 838,577
402003 PROPERTY TAX - DELINQUENT - - - - -
402005 PROPERTY TAX - UNITARY 4 3,860 4 1,833 45,176 89,754 46,079
402006 PROPERTY TAX - INTEREST & PEN - - - - -
402007 PROPERTY TAX - SB813 SECURED - 9 6,884 - 171,684 -
402008 PROPERTY TAX - SB813 UNSECURED - - - - -
402009 PROPERTY TAX - ERAF REFUND - ( 80,415) - - -
402012 RDA PASS THROUGH TO COUNTY ( 1,461,151) ( 1,494,306) ( 1,504,986) ( 1,365,226) ( 1,535,085)
409102 INVESTMENT INCOME ALLOCATION 1 0,000 2 9,096 10,000 34,239 10,200
440302 COST REIMB - ACCOUNTS PAYABLE - - - - -
SUB TOTAL ----> 2 ,490,898 2 ,402,004 2,565,325 3,339,755 3,016,631
CITY OF SAN CARLOS 47 ADOPTED 2007- 2008 BUDGET
REVENUE DETAIL BY FUND
RDA GENERAL BOND SERVICE ( 0081) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
409102 INVESTMENT INCOME ALLOCATION 2 ,000 8 ,601 2,000 2,000 2,040
409202 INTEREST INCOME MORTGAGE LOAN - 2 4,511 - - -
409317 RENTS CONCESS - WHEELER 8 8,000 9 7,934 88,000 88,000 89,760
409318 RENT & CONCESS - 657 WALNUT 5 5,000 3 5,324 40,000 80,000 97,800
409319 RENT & CONCESS - 817 WALNUT 5 0,000 3 5,811 30,000 30,000 30,600
409207 INT INCOME - LAUREOLA OAKS - - - 325,000 -
482002 PROCEEDS FROM SALE OF PROPERTY - - - 175,000 -
440107 COST REIMB - REDWOOD CITY - 1 ,127 - - -
SUB TOTAL ----> 1 95,000 2 03,308 160,000 700,000 220,200
RDA GENERAL BOND SERVICE ( 0082) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
409100 INVESTMENT INCOME 6 ,000 2 7,825 6,000 30,000 15,000
SUB TOTAL ----> 6 ,000 2 7,825 6,000 30,000 15,000
RDA CAPITAL IMPROVEMENTPRJ ( 0083) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
409100 INVESTMENT INCOME 5 0,000 1 10,215 50,000 80,000 100,000
409101 INVESTMENT INC GASB31 FAIR VAL - ( 5,730) - - -
409102 INVESTMENT INCOME ALLOCATION - - - - -
409200 INTEREST INCOME - 45 - - -
480001 FEES FOR SERVICES PROVIDED - - - - -
480012 LAUREL ST RECONSTRUCTION OWNER - 1 77,393 1 06,000 106,000 108,120
480017 INDUSTRIAL RD ASSESSMENT DISTR - 1 8,545 10,000 10,000 10,200
SUB TOTAL ----> 5 0,000 3 00,468 166,000 196,000 218,320
RDA HOUSING BOND SERVICE ( 0084) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
409100 INVESTMENT INCOME 2 0,000 8 1,636 20,000 90,000 100,000
409204 INTEREST INCOME - RESIDUAL REC 3 72,300 3 70,500 3 72,300 372,300 379,746
SUB TOTAL ----> 3 92,300 4 52,136 392,300 462,300 479,746
SC LIBRARY BOND SERVICE ( 0093) Revised Budget Actual Revised Budget Projected Actual Adopted Budget
2005- 06 2005- 2006 2006- 07 2006- 07 2007- 08
402001 PROPERTY TAX - CURRENT