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Page 1 of 4 <br />Item #4 <br /> <br />PARKS AND RECREATION <br />COMMISSION AGENDA REPORT <br /> <br /> <br />September 12, 2024 <br />Library and Recreation <br /> <br />TITLE: RECEIVE A BUDGET OVERVIEW FOR THE LIBRARY AND RECREATION <br />DEPARTMENT AND THE PARKS DIVISION OF THE PUBLIC WORKS <br />DEPARTMENT FOR FY 2024/25 <br /> <br />SUMMARY <br />This report provides an overview of Fiscal Year (FY) 2024/25 (July 1, 2024 – June 30, 2025) <br />revenue and expenses for the Library and Recreation Department and the Parks Division in <br />the Public Works Department. <br /> <br />RECOMMENDATION <br />Receive a budget overview for the Library and Recreation Department and the Parks Division <br />of the Public Works Department for FY 2024/25. <br /> <br />BACKGROUND <br />The City follows a multistep operating budget process that begins with approving a Two-Year <br />Budget. The Two-Year Budget has three opportunities to adjust revenues and expenditures <br />based on changing trends and projections. The Mid-Term Budget process is conducted in the <br />second year of the two-year cycle. The Mid-Year Budget process is performed at the mid-point <br />of each of the two years of the budgetary cycle. As part of the Mid-Term Budget adjustment <br />process, staff examines recent years' actual expenditures and revenues and current fiscal year <br />actuals to project estimated budget needs for the coming fiscal year. <br /> <br />The City Council approved the current Mid-Term Budget on May 21. This report presents an <br />overview of the Mid-Term Budget (July 1, 2024 – June 30, 2025) for the Library and <br />Recreation Department (with a focus on Recreation) and the Parks Division in the Public <br />Works Department. <br /> <br />DISCUSSION <br />Fiscal Year 2024/25 Library and Recreation Department Budget <br />The Library and Recreation Department consists of five divisions: Administration, Library, Civic <br />Arts, Human Services, and Sports & Aquatics. The projected FY 2024/25 expenses for the <br />department total $16,847,841, and the projected revenue is $5,131,034. <br /> <br />Expenses include $5,375,266 for permanent staff salaries, $2,149,130 for temporary staff <br />salaries, and $4,450,564 in staff benefits. Personnel costs total $11,974,961, or 71% of <br />department expenses. Staff vacancy savings of $270,910 are included in these figures. The <br />Library and Recreation Department has 50.25 full-time equivalent (FTE) employees. <br /> <br />The Department’s travel and training budget is $29,300. This is less than $600 per FTE. <br /> <br />Page 82 of 95