CC Resolution 12687 RESOLUTION NO. 12687
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
AUTHORIZING A MID-YEAR BUDGET ADJUSTMENT TO REFLECT CHANGES IN
PROJECTED GENERAL FUND REVENUES FOR FISCAL YEAR 2021
WHEREAS, the City Council adopted an annual budget for the operation of all
municipal departments and facilities for Fiscal Year (FY) 2021 and a capital
improvement plan (CIP) for 2021-2025 on June 25, 2020; and
WHEREAS, at the February 16 and March 16, 2021 City Council meetings, staff
presented a Mid-Year Report on the City's General Fund revenues for FY 2021; and
WHEREAS, the economic impacts of COVID-19 continue to have significant and
prolonged impact on General Fund revenue sources in FY 2021 and beyond; and
WHEREAS, staff has reviewed and presented recommended General Fund revenue
budget adjustments shown in Exhibit A of this resolution; and
WHEREAS, staff has provided Council with monthly updates on the economic impacts
of COVID-19 since August 2020; and
WHEREAS, staff projects that year-end General Fund revenues for FY 2021 will be less
than budget estimates by approximately $7,080,172; and
WHEREAS, the federal government passed a federal stimulus package on March 10,
2021 titled the "American Rescue Plan" (ARP) which is estimated to provide the
City with $3,933,309 in unexpected funding in FY 2021 and can be used to offset
General Fund revenue losses indicated above;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell
hereby authorizes Mid-Year General Fund Revenue Budget Adjustments for FY 2021
shown in Exhibit A of this resolution and incorporated by reference.
PASSED AND ADOPTED this 16th day of March 2021, by the following roll call vote:
AYES: COUNCILMEMBERS: Bybee, Landry, Lopez, Resnikoff, Gibbons
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
APPROVED: Cl2eitt .1
Er abeth "Liz" ibbons, Mayor
ATTEST: I ../�'/62 u1# Li
Andrea Sa rs, Deputy City Clerk
Exhibit A
Of Attachment A
Mid-Year General Fund Revenue Budget Adjustments for FY 2021
Budget
Account Title Department Fund GL Account Amount Adjustment Journal Entry
1)Revenue Revisions Before Federal ARP Funding: $ (7,080,172)
Property Tàx $ (258494) 3
PROP TAXES-CURR SECURE Finance General_Fund 101.535.4001 234,600 X
PROP TAXES-CURR UNSECR Finance General Fund 101.535.4002 (10,800) X
PROPERTY TAX PASS THRU Finance General Fund 101.535.4007 (26,300) X
RESIDUAL RPTTF DISTRIBUT Finance General Fund 101.535.4008 (912,100) X
PROP TAXES- ERAF Finance General Fund 101.535.4011 458,706 X
ST HOMEOWNERS PROP TAX R Finance General Fund 101.535.4581 (2,600) X
Sales Tax
SALES AND USE TAXES Finance General Fund 101.535.4110 (951,537)
MEASURE B STREET MAINT Public Works General Fund 101.730.4111 114 X
TRANSACTIONS& USE TAX Finance General Fund 101.535.4112 (45,442) X
PROP 172 PUBLIC SAFETY Finance General Fund 101.535.4113 (21,179) X
ti•
Franchise Fees 1 (25_6,019)
FRANCHISES-CABLE TV City Manager General Fund 101.510.4122_ (56,019) X
FRANCHISES-GARBAGE Public Works General Fund 101.740.4123 (200,000) X
Transient Occupancy Tax; $ (1,502,060))
TRANSIENT OCCUPANCY TAX Finance General Fund 101.740.4123 (1,502,060) X
Other Taxes _ $ (143,134) A
A
CONSTRUCTION TAX Community Dev. General Fund 101.554.4151 (74,000) X
BUSINESS LICENSE TAX Finance General Fund 101.535.4152 (125,000) X
REAL PROP TRANSFER TAX Finance General Fund 101.535.4153 70,100 X
FARMERS MARKET IN LIEU Community Dev. General Fund 101.556.4155 (14,234) X
Licer ses&,Permits _ $ (1,231,000)
CONSTRUCTION PERMITS Community Dev. General Fund 101.554.4210 (921,000) X�
ADVANCED PLAN CHECK FEE Community Dev. General Fund 101.554.4211 (235,000) X
Page 1 of 4
Exhibit A
Of Attachment A
Mid-Year General Fund Revenue Budget Adjustments for FY 2021
Budget
Account Title Department Fund GL Account Amount Adjustment Journal Entry
GENERAL REVENUE-BLDG DEP Community Dev. General Fund 101.554.4212 (18,000) X
PLN CHECK-TITLE 24 ENERG Community Dev. General Fund 101.554.4213 (32,000) X
TECHNOLOGY ENHANCEMNT FE Community Dev. General Fund 101.554.4214 (25,000) X
Fines&Forfeitures $ .(130,999)
VEHICLE CODE FINES-CITY Police w. __. ...u. .__
olice Department General Fund 101.604.4310 (37,499) X
VEHICLE CODE FINES-COUNT Police Department General Fund 101.604.4320 (56,000) X
VEHICLE CODE FINES-STATE Police Department General Fund 101.604.4330 (17,500) X
CODE ENFORCEMENT FINES Community Dev. General Fund 101.554.4371 (20,000) X
Intergovernmental Revenue LL a $ - 136
OTHER STATE GRANTS City Manager General Fund 101.539.4543 136 X
Charges for Service =r _ $ ` (1,524,659)
PROGRAM REVENUE-MUSEUM Recreation General Fund 101.528.4609 (4,620) X�
AINSLEY HOUSE RENTAL Recreation General Fund 101.528.4610 (4,655) X
ADMISSION FEES-MUSEUM Recreation General Fund 101.528.4611 (2,730) X
ADULT SERVICES-CLASSES Recreation General Fund 101.526.4612 (105,993) X
PROGRAM FEES-SPORTS Recreation General Fund 101.531.4613 (150,986) X
PROGRAM FEES-AQUATICS Recreation General Fund 101.531.4614 36,963 X
PROGRAM FEES-PICNIC FEES Recreation General Fund 101.527.4616 (22,200) X
PROGRAM FEES-DAY CAMPS Recreation General Fund 101.532.4617 (291,180) X
PROGRAM FEES-CLASSES Recreation General Fund 101.532.4619 (285,301) X
PROGRAM FEES-PRESCHOOL Recreation General Fund 101.532.4620 (153,226) X
PROGRAM FEES-FITNESS Recreation General Fund 101.531.4622 16,820 X
ADULT SERVICES- PROGRAM Recreation General Fund 101.526.4626 (94,685) X
SKATE PARK INCOME Recreation General Fund 101.531.4628 (17,582) X
DROP IN CLASSES Recreation General Fund 101.531.4629 (123,240) X
COMM GRP SPON-SPEC EVENT Recreation General Fund 101.527.4630 (2,425) X
COMM GRP SPON-SPEC EVENT Recreation General Fund 101.604.4630 (48,110) X
THEATER REVENUE Recreation General Fund 101.529.4631 (1,000) X
Page 2 of 4
Exhibit A
Of Attachment A
Mid-Year General Fund Revenue Budget Adjustments for FY 2021
Budget
Account Title Department Fund GL Account Amount Adjustment Journal Entry
THEATER PRESERVATION CHG Recreation General Fund 101.529.4632 (23,105) X
THEATRE FACILITY FEE Recreation General Fund 101.529.4633 (10,633) X
FACILITY RENTAL SURCHARG Recreation General Fund 101.527.4634 (10,000) X
CONCESSION & MERCHANDISE Recreation General Fund 101.529.4643 (1,125) X
THEATER TICKET SALES Recreation General Fund 101.529.4644 (124,106) X
SPONSORSHIP INCOME Recreation General Fund 101.527.4645 (5,000) X
SPONSORSHIP INCOME Recreation General Fund 101.529.4645 (11,688) X
THEATER PROGRAM ADS Recreation General Fund 101.529.4646 (2,025) X
MICROFILM FEES Community Dev. General Fund 101.554.4661 (73,410) X
RENTAL DISPUTE RES FEE Community Dev. General Fund 101.550.4663 (5,800) X
GENERAL PLAN MAINT FEE Community Dev. General Fund 101.552.4670 (32,000) X
SPEC POLICE DEPT SERVICE Police Department General Fund 101.603.4691 (35,000) X
COST RECOVERY-PD DUI Police Department General Fund 101.604.4698 (4,500) X
COST RECOVERY-PD _ Police Department General Fund 101.604.4704 (13,999) X
CAL NENA REIMBURSEMENT-P Police Department General Fund 101.602.4707 (8,118) X
ENGR&SUBDIV FILING FEE Public Works General Fund 101.740.4722 50,000 X
PROJECT OVERHEAD OFFSET Public Works General Fund 101.740.4725 10,000 X
TRAFFIC ENGINEERING FEES Public Works General Fund 101.720.4728 30,000 X
Other Revenue - (1,015,900)
RENTS/LEASES (REAL&PER Recreation General Fund 101.527.4810 (270,350) X
OTHER RENTAL INCOME Recreation General Fund 101.527.4819 (496,700) X
OTHER RENTAL INCOME Recreation General Fund 101.529.4819 (249,250) X
TRANSACTION PROCESS FEE Finance General Fund 101.540.4910 70,000 X
OTHER REVENUE City Manager General Fund 101.510.4965 1,500 X
OTHER REVENUE Recreation General Fund 101.527.4965 (1,000) X
OTHER REVENUE Finance General Fund 101.535.4965 (50,000) X
EXPENSE ABATE-MISC Finance General Fund 101.535.4968 2,400 X
TREE IN LIEU FEE Public Works General Fund 101.701.4971 (22,500) X
Page 3 of 4
Exhibit A
Of Attachment A
Mid-Year General Fund Revenue Budget Adjustments for FY 2021
Budget
Account Title Department Fund GL Account Amount Adjustment Journal Entry
2) Federal ARP Funding: $ 3,933,309
Intergovernmental Revenue $ 3,933,309 •
OTHER STATE GRANTS* City Manager General Fund 101.539.4543 3,933,369 X
*Will be distributed through the State due to Campbell's population size under 50,000
TOTAL ALL ADJUSTMENTS(1+2) $ (3,146,863)
Page 4 of 4