City of Downey 2019-20 Budget At-A-Glance

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Rick Rodriguez Mayor

Claudia M. Frometa Council Member

Blanca Pacheco Mayor Pro Tem

Alex Saab

Council Member

Sean Ashton

Council Member

The City of Downey’s FY 2019-20 Adopted Budget and Capital Improvement Program focuses on the City’s Council five overarching priorities of: • Fiscal Responsibility • Efficiency & Adaptability • Economic Vibrancy • Quality of Life, Safety & Infrastructure • Public Engagement

Fiscal Year 2019-2020 Adopted Annual Operating Budget

Both Budget and Capital Improvement Program are available on the city’s website at www.downeyca.org Gilbert A. Livas City Manager

Anil H. Gandhy

Director of Finance & Information Technology

CITY OF DOWNEY

11111 Brookshire Avenue | Downey, CA 90241 www.downeyca.org

CALIFORNIA

BUDGET AT-A-GLANCE

mayor and city council


general fund revenues In Fiscal Year 2019-20, the overall major revenue estimate is $93,932,898, up 4.9 percent compared with last year’s total revenue projection of $89,548,036. Property and sales taxes revenues service as the major contributors for the overall revenue increase.

all funds vs general funds

all fund expenditures Police

all funds $262 Million

Special Revenue and Capital Funds

Fire

23.3%

$115 million

Parks & Recreation Property Tax

For every $1 paid in property tax, $0.14 is returned to the City.

Public Works

$ 28.8 M

General Fund $93 M

Sales Tax

$ 28.0 M Other taxes

City levies 9% Transient Occupancy Tax on hotel/motel rooms and Business License Fees

$ 6.9 M JPCC & Ambulance Fire Department provides emergency transport and dispatch servies for three neighboring cities.

This tax is paid by local gas, electric, cable TV, rubbish and other utility companies.

Sale of Property

Utility User Tax

5.6%

Transfers from Other Funds

$ 2.0 M

Charges to Other Funds

6.0% 6.4%

Transfers Out includes funds transferred from General Fund to Columbia Memorial Space Center and Measure S Sales Tax

Transfers Out Finance

Community Development Administration Administration includes City Council, City Manager, City Clerk, City Attorney, Human Resources, Library and Columbia Memorial Space Center

The City of Downey’s FY 19-20 General Fund Budget is structurally balanced and reflects the City’s commitment to providing resources towards improving the quality of life for residents, businesses and visitors in Downey. While the budget showcases the City’s strong record of prudent fiscal stewardship, and the ability to adapt to fiscal pressures and an uncertain outlook, expenditures are projected to outpace revenues. Knowing this, the City is proactively seeking ways to balance future budgets through new revenues, cost savings, and/ or new ways of service delivery, all while ensuring the City maintains the service levels patrons have come to expect. Measure S, a 1/2 percent to the transactions and use tax, was approved by 63% of Downey voters in November 2016 and went into effect April 1, 2017. In fall 2017, the City’s public financing authority approved the issuance of $50 million in lease revenue bonds, to be repaid over the course of 20 years with revenues derived from the approval of Measure S.

$ 2.5 M $ 2.1 M

7.3% 6.9%

$ 4.5 M

$ 3.9 M Franchise Fees

For every $10 of purchases, residents, businesses, and visitors pay $1 in sales tax. Of this amount, the city receives $0.15.

$ 15.3 M

7.8%

36.6%

$13.7 M

Four (4) Fire Station Improvement Projects

$ 5.4 M

Apollo Park

$ 2.2 M

Dennis the Menace Park

$ 7.9 M

Downey City Library Renovation

$ 1.6 M

Independence Park

$ 1.3 M

Wilderness Park

$ 3.5 M

Golden Park

$ 2.4 M

Discovery Sports Complex Park

$ 4.9 M

Furman Park

$ 868K

Civic Theatre Plaza

$ 8.0 M

Other Improvements

capital improvement program 12% Traffic & Safety

10%

25%

Water

Streets

These funds account for activities paid for by State and federal grants, taxes, or designated revenue sources that are restricted for special purposes such as Measure S

General Fund

$93 million

These funds provide for basic city services such as police, fire, public works and parks and recreation

Enterprise Funds

$34 million

These funds are maintained on a profit-and-loss basis for Storm Drain, Water, Golf Course and Sewer

Internal Service Funds

$5 million

These funds account for internal services provided to City departments with charges to those departments for the services: includes employee benefits and equipment

Grant Funds

$2 million

These funds are U.S. government issued for the CDBG and HOME Program for qualified housing improvement projects and HOME Investment Partnership Program

$111 million FY2019-20

1%

Sewer & Storm Drain

Successor Agency Funds

52%

Public Facilities

Public Facilities Sewer & Storm Drain Streets Traffic & Safety Water Other improvements include: Police Station Modernization, City Hall Improvements, Rio Hondo Event Center Improvements, Public Works & Utilities Yard Improvements, Downtown Parking Structure Improvements, Other City Facility Improvements throughout the City, ADA Improvements throughout the City, and Improvements to Rio San Gabriel Park.

$2 million

These funds provide for the payment of existing bond and contractual obligations owed by the former Commission which was dissolved due to the State’s elimination of redevelopment


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