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Home My WebLink About63-39 RESOLUTION NO. 63-39 RESOLUTION REVISING 1962-63 APPROVED BUDGET. lO 15 16 18 19 20 The City Council of the City of Ukiah does hereby RESOLVE: That the approved Budget for the fiscal year 1962-63 be, and the same is hereby, revised to include the adjustments proposed by memorandum to the City Council from the City Manager dated February 11, 1963, together with attachments, which memorandum and attach- ments are incorporated herein by reference as if set forth in full herein. PASSED AND ADOPTED this 27th day of February, 1963. ' ' ~'~0'~ ~ ' P~' ~-::' ''~ ?"d:z',~t"' ~ ,~ ~,i: ATTEST: CITY ~:LERK 25 ~6 28 29 3O ;52 CITY OF UKIAH MEMORANDUM Date: February 11. 1963 To: City Council From: Cit¥ Manaqer _ Subject: Mi d-year Budget Adjustment. Each revenue and expenditure account in the budget has been analyzed for the year to date and as a result, a revision of the Electric Fund budget is recommended. This revision is attached with explanations for the proposed changes. This memorandum also sets forth additional budget information which is pertinent to other funds~ but which in my opinion does not warrant a total budget revision, it should be particularly noted that the required revision in Electric Fund revenues and expendi~ tures does not affect other funds in any respect. The following sources of revenue appear to vary substantially from the approved budget as follows: SALES TAX. Increased revenue received to date and anticipated for the balance of the year +$11,000 (2) INTEREST ON INVESTMENTS. Postponement of expendi- 'p ture of funds for .G. & E. purchase results in increased earnings from investments + 8,800 (3) SALE OF PROPERTY. State. Sale for freeway access to + 1,585 (4) TRAFFIC SAFETY FUND. _ fi nes. Increased number of traffic + 3,000 (5) PRO.p. ERTY TAX..ES.. Increased assessed valuation. Total Revenue Increases 1,000 , $25,385 (1) (2) Al RP, OR.T DEVELOPMENT FUND Water sales revenue Gas sales revenue Total Revenue Losses - 2,237 - 2,200 - 4,800 - $ 9,237 Net Revenue Change +$16,148 Unbudgeted expenditures (required) Airport Building C.A.B. case Duplicating Equipment Workmen's Comp° increase Liability Ins. Increase Less Net Projects which may (1) $18,000 1,000 1,500 2,000 ~,m~L 800 Total $ 26,300 Rev. Increase ....... ]16:148 Budget ShortageS10,152 affect. recove r) $4 $24 be delayed with no detrimental Building at Gas Plant (unless revenues Water main relining Total possible postponed expenditures The major unbudgeted expenditure is the purchase and reloca of the Airport Administration Building and to cover this unantic cost it is reco~nended that both projects shown above be delayed until the 1963-64 fiscal year, ions will again be proposed. ,000 ,000 ,000 ti on i pa ted at which time specific budget allocat- 1 600 1602 1603 1 604 16o5 16O6 1607 1615 Domestic Li ghti ng Commercial Lighting Street Li ghti ng Comme rc i a 1 Comme rci a 1 Muni c i pa 1 Muni c i pa 1 1962-63 BUDGET ELECTRIC FUND ESTIMATED ACCOUNT UA ,, Cooking & Heating Power Lights Power Reimbursement from State Transfer from Depr. Reserve Mi scel laneous Revenue Plus Beginning Cash Balance Less Ending Cash Balance Tota I REVENUE APPROVED BUDGET 1962-63. 371,500 191,500 7,000 28,500 55,000 3,800 15,750 16,000 2,800 Sub-Total 691,850 2~,600 Revenue715,450 17,889 TOTAL AVAILABLE FOR BUDGETING $ 697,561 REVISED BUDGET FEB.l~63 $ 330,000 176,000 6,000 27,000 49,000 3,800 15,000 20,236 16,000 4,000 _ 647,036 19.930 666,966 19,755 647,211 -87- Revised Feb. 1963 ELECTRIC FUND REVENUES REVISED FEB. 1963 The changes in electric fund revenue from each source result in all cases except one from the delay in our acquiring the P.G. & E. facilities in the city. Each item has been analyzed and the adjustments appear to be accurate. The State Division of Highways will reimburse the city $20,236.00 for work done by city personnel in relocating electric facilities which conflict with freeway con- struction. This will cover the total cost of this project and is shown as a revenue item since the cost is included in expenditure accounts for required control of system costs. Total reduction in revenue is $50,350 which is offset by expenditure reductions in the same amou n t. ELECTRIC DEPARTMENT EXPENDITURES ACCOUNT UA APPROVED BUDGET 1962-6~ ,,, 1762 1765 1766 1768 1768 1770 1771 1351 Substation Improve. (Cap.) 1352 Substation Equip. (Cap.) 1354 Poles, Towers & Fixt. 1355 Overhead Cond. & Devices 1358 Line Transformers 1359 Services 1360 Meters 1363 Str. Lighting Equip. 1372 Office Equipment 1377 Gen. Shop Tools & Equip. 1738 Purchased Power 1761.1 Operation Overhead Lines 1761.3 Removing & Resetting Trans. .1 Removing & Resetting Meters Mai nt. Subst. Bldg. & Grounds Maint. Subst. Equip. .1 Maint. Poles, Towers, Fixt. .2 Mai nt. Overhead Conductors Maint. Line. Trans. Maint. of Service 1772 Mai nt of Meters 1775 Maint of Str. Light. Equip. 1776 Maint. of Shop Tools-Equip. $ 500 1,000 19,000 15,000 15,000 6,000 2,000 1,000 5OO 5OO 382,500 4,000 4,000 100 4OO 3,000 4,000 4,OOO 100 4,500 5OO 2,500 80O -88- Revised Feb. 1963 REV I SED BUDGET FEB 1963 $ 5OO 1,500 15,OOO 11,0OO 12,OO0 3,O00 1,OOO 1,OO0 5OO 5OO 342,500 6,000 4,000 lO0 4OO 3,0oo 4,000 5,OOO 100 4,500 5OO 2,500 8OO ELECTRIC DEPARTHENT EXPENDITURES ( Continued) ACCOUNT UA __± iii~ I APPROVED BUDGET 1~)62-6~. 1777 Mi sc. Maint. Expenses 1778 Truck Exp. Replace. Res. 1780.3 Meter Reading 1781 Cust. Acc't. & Collect. 1790 Administration-Engineering 1798 Insurance 1738.1 Street Light Energy 1758.1 Maps & Records 1762.2 Inspect. of Cust. Premises 1793 General Office Supplies 1508 Retirement UA 13 Sick Leave UA 14 Vacation Pay UA 17 Standby Pay Total Operating Budget $ General Fund Ser. Charge GRAND TOTAL $ $ 90 4,85o 2,50O 9,000 19,000 1 , 000 12,000 2,500 400 100 3,321 1,300 3,500 2,1OO 532,561 1 65 ,,000 697,561 REV I SED BUDGET FEB..,,,,,,.1963 $ 90 6,000 2,500 9,000 19,000 1 , 000 12,000 2,500 400 100 3,321 1,300 3,500 2,1OO $ 482,211 !,65,000 ..... $ 647,211 -89- Revised Feb° 1963 ELECTRIC FUND EXPENDITURES REVISED FEB. 1963 The revision of expenditure accounts has been done to adjust to accurate costs for two prime projects. A reduction in several accounts resu]ts from delays in construction work related to the takeover of P.G. & E. facilities. Approximately $20,000 remains in the budget for work which will be completed on this project in this fi scal year. Funds are included in various accounts to provide for relocat- ion of facilities conflicting with freeway construction. As noted in the revenue accounts we will be fully reimbursed by the State Div. of Highways for this, expenditure. The largest single reduction is the amount of money required for the purchase of power for resale. This, too, is the result of delay in the P.G. & E. project.