Laserfiche WebLink
projections be reduced from the original projections of $1,084,250, <br />by $145,000, to $939,250. <br /> <br />Public Works Fees are essentially on target. Only minor changes in <br />line item revenues are being recommended, as detailed in Table 1. <br /> <br />Plannina Fees <br /> <br />Planning revenues are on target with projections. Reimbursement <br />revenues reflect an increase of $98,000, which offsets the increase <br />in reimbursable expenditures for various EIR studies, the Ridgeland <br />Study, etc. <br /> <br />Recreation Revenues <br /> <br />Recreation revenues are estimated to be $1,136,000, which is $5,900 <br />less than the original projections. <br /> <br />?ERS Credit <br /> <br />As part of last year'.s budget preparation, the State made numerous <br />changes in the Public Employees' Retirement System (PERS). As a <br />result of these changes, the City will receive approximately <br />$888,000 in one-time credits to be used against its retirement <br />obligations this year. These credits are reflected in Table i as <br />a line item revenue. However, approximately $48,000 of this <br />revenue will be transferred to the Water and Sewer O & M Funds to <br />reflect their prorata share of the credit. Thus the General Fund's <br />net credit this fiscal year will be approximately $840,000. It is <br />important to note that this is a ~ revenue, and therefore <br />should be used for a one-time expenditure. <br /> <br />Railroad Reimbursement <br /> <br />Several years ago, construction was completed on three railroad <br />grade separations and the consolidation of two railroad lines. The <br />City's General Fund contributed $1.7 million towards this project, <br />along with gas tax dollars, State grant funds, and funding <br />participation by Alameda County and the railroads. As final <br />settlement for the railroads' share, the City has just received <br />$182,990. This one-time revenue is reflected in Table 1 as a prior <br />year reimbursement to the General Fund. <br /> <br />DISCUHSIO~IOF ~N~P~L F~ND BXPENDIT~TRBS <br /> <br />Table 4 outlines all General Fund expenditures by department, <br />showing the adopted budget, amendments to date, andthe recommended <br />midyear adjustments. <br /> <br />Personnel costs due to employee turnover and unfilled positions <br />reflect estimated salary savings this year of $275,000. However, <br /> <br />SR92:125 <br /> <br /> <br />