HomeMy WebLinkAbout _ 9.10(a)--Year End Budget Report and Adopt Budget Resolution
CITY OF REDDING
REPORT TO THE CITY COUNCIL
Recommendation
Accept the Year End Budget Report for the City of Redding; and adopt Resolution approving
and adopting the 96th Amendment to City Budget Resolution No. 2021-078 increasing
appropriations by $4,429,640 for Fiscal Year 2022-23.
Fiscal Impact
The recommended changes to the General Fund will meet the City Council (Council) directive to
maintain a ten percent reserve in the General Fund. The other recommended changes will not
reduce reserve levels below those required in the respective funds.
Alternative Action
The City Council (Council) could choose to reject the report and request additional
information. Additionally, the Council could reject or modify the budget resolution.
Background/Analysis
As in the past, the Finance Department has prepared a Mid Cycle Budget Report (attached) for
the City Council’s review and consideration. The report focuses primarily on the General Fund
but also includes information regarding each of the City of Redding’s (City) Enterprise
Funds, i.e., Water, Wastewater, Storm Drain, Redding Electric Utility, Airports, and Solid
Waste funds. The report also includes other funds of the City.
General Fund
General Fund revenue for fiscal year ending (FYE) 2022 totals $99,924,149, which is $2,258,149
or 2.3 percent, above staff’s cash flow projection. Total revenue represents 102.3 percent of the
annual budget estimate as amended by the Council’s resolution.
MEETING DATE: September 19, 2023
ITEM NO. 9.10(a)
FROM:
***APPROVED BY***
grobinett@cityofredding.org
btippin@cityofredding.org
SUBJECT: 9.10(a)--Consider City of Redding Year End Budget Review for Fiscal Year
Ending 2023 and Resolution approving adjustments.
Greg Robinett, Director of
Finance/City Treasurer
Report to Redding City Council September 14, 2023
Re: 9.10(a)--Year End Budget Report and Adopt Budget Resolution Page 2
General Fund expenses for FYE 2023 total $114,021,548, which is 84.1 percent of total
appropriations. This is $21,621,132, or 16.0 percent, below staff’s cash flow estimate of
$135,642,680 for FYE 2023.
Below is a table of expenditure changes being recommended by staff with full details in the
attached report.
Department FY 2022-23
City Council 29,560$
City Manager 67,910$
City Attorney 83,840$
Non-Departmental 5,540$
Finance 13,040$
Personnel 37,900$
Development Services 1,810$
Police 917,740$
Fire 105,920$
Community Services 111,210$
Public Works 21,320$
Total 1,395,790$
General Fund Overtime Expense
The General Fund overtime expense for FYE 2023 totals $6,671,341, which is $2,783,221, or
71.6 percent, above overtime appropriations of $3,888,120.
The expenditures year-to-date compared to total budget are listed below, of which, the four
largest overtime budgets are Fire, Police, Parks, and Streets:
• The Fire Department had total overtime expenses of $4,250,527 compared to a total
overtime budget of $2,328,470;
• The Police Department had total overtime expenses of $2,199,826 compared to a
total overtime budget of $1,473,000;
• The Community Services Department had total overtime expenses of $98,602 compared
to a total overtime budget of $7,000;
• The Public Works Department had total overtime expenses of $98,996 compared to a
total overtime budget of $70,000; and
• All other General Fund Departments had total overtime expenses of $23,390 compared
to a total overtime budget of $9,650.
Although some of the aforementioned expenses exceed the budgeted amount there is only one
budget increase requested for overtime expenditures. The Fire Department is requesting increased
budget funding for overtime; however, the requested amount is much less than the amount listed
above due to associated savings in other personnel expenditures which can be used to offset the
remaining overtime that is over the originally budgeted amount. All remaining departments have
adequate savings in areas such as personnel expenditures and/or additional cross charges to
other City departments to offset the excess cost in this expenditure category.
Report to Redding City Council September 14, 2023
Re: 9.10(a)--Year End Budget Report and Adopt Budget Resolution Page 3
General Fund Reserves
As of the writing of this staff report through June 30, 2023, the General Fund Cash Balance was
$25,525,287, or a 24.9 percent reserve. This current cash balance will be adjusted as a result of
year-end closing entries. Additionally, this cash balance includes American Rescue Plan Act
(ARPA) funding which will be spent as the approved Council ARPA projects are completed. The
adjustment to the cash balance will occur prior to the completion of the City’s Annual
Comprehensive Financial Report (ACFR).
The difference between the current General Fund Cash Balance figure and the attached General
Fund Ten Year Plan is due to the budget basis used in the Ten-Year Plan compared to the
financial statements. Staff corrects the cash balance and presents the revised Ten-Year Plan to
the Council during the Mid-Year budget update.
Other Funds
The attached report recommends the following changes to other City funds (enterprise,
internal service, and capital project fund):
Department FY 2022-23
Airports 36,230$
Water 38,170$
Wastewater 160,340$
Storm Drain 4,070$
Solid Waste 644,050$
Electric 1,130,320$
Total 2,013,180$
Building Maintenance 30,140$
Information Technologies 20$
Fleet 807,950$
Records 3,130$
Employer Services 6,980$
ET/USA 5,160$
RMU Administration 810$
Communications 60$
Reprographics 60,440$
Volunteer Services 38,430$
Risk Management 65,840$
Total 1,018,960$
RABA 540$
Successor Housing Agency 410$
Housing Authority 760$
Total 1,710$
Enterprise Funds
Internal Service Funds
Other Funds
Report to Redding City Council September 14, 2023
Re: 9.10(a)--Year End Budget Report and Adopt Budget Resolution Page 4
Environmental Review
This is not a project defined under the California Environmental Quality Act, and no further
action is required.
Council Priority/City Manager Goals
• Budget and Financial Management – “Achieve balanced and stable 10-year
Financial Plans for all funds.”
• Communication and Transparency – “Improve the quality of communication with
the public and City employees to enhance knowledge and increase transparency to
improve public trust.”
Attachments
^Resolution
Year End Budget Update Including Graphs FY 22-23
Resolution No. 2023 - ____
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDDING
THAT Budget Resolution No. 2021-078 be and is hereby amended as follows:
Fiscal Year Ended 2023
Fund Division Description Increase Decrease
111 401 City Council 29,560 -
111 411 City Manager 67,910 -
111 422 City Attorney 83,840 -
111 424 Planning and Building Regulation 680 -
111 425 Finance 13,040 -
111 427 Non-Departmental 5,540 -
111 429 Personnel 37,900 -
111 432 Building & Code Enforcement 900 -
111 434 Planning 230 -
111 441 Police Administration 129,860 -
111 442 Police Field Operations 597,630 -
111 443 Police Investigations 184,550 -
111 444 Police Services 5,700 -
111 461 Fire Administration 60 -
111 462 Fire Suppression 103,630 -
111 463 Fire Prevention 2,230 -
111 501 Engineering 8,140 -
111 511 Streets 13,180 -
111 610 Parks 19,140 -
111 620 Recreation 1,290 -
111 641 Community Services 90,780 -
134 821 Airports 32,590 -
134 824 Benton Airport Operations 3,640 -
142 852 Electric Power Resource 971,240 -
142 853 Electric Distribution 103,250 -
142 854 Electric Energy Services 450 -
142 859 Electric Capital Outlay 49,620 -
142 889 Field Operations 5,760 -
143 861 Water 20 -
A RESOLUTION OF THE CITY OF REDDING APPROVING AND ADOPTING THE 96th
AMENDMENT TO CITY BUDGET RESOLUTION NO. 2021-078 INCREASING
APPROPRIATIONS BY $4,429,640 FOR FISCAL YEAR 2022-23.
96th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2021 -078
Page 1 of 6
Resolution No. 2023 - ____
Fiscal Year Ended 2023 (Continued)
Fund Division Description Increase Decrease
143 863 Water Treatment 5,610 -
143 864 Water - System Oper & Maint 32,540 -
145 870 Wastewater Industrial 800 -
145 871 Wastewater Administration 16,650 -
145 872 Wastewater Stillwater 2,170 -
145 874 Wastewater Collection 28,510 -
145 875 Wastewater Clear Creek 112,210 -
147 801 Storm Drainage 4,070 -
149 550 Solid Waste Administration 43,400 -
149 551 Residential 90,420 -
149 552 Commercial 99,920 -
149 553 Roll-off 77,250 -
149 556 Resource Recovery 237,170 -
149 557 Transfer Station 67,340 -
149 558 Hazardous Household Waste 230 -
149 559 Roads and Sweeping 28,320 -
151 895 Information Technology 20 -
153 810 Fleet 807,950 -
154 891 Building Maint. 30,140 -
158 894 Records 3,130 -
160 816 Employer Services 6,980 -
162 807 Municipal Utilities 5,160 -
162 867 USA Elect Tech 810 -
166 899 Communications 60 -
168 893 Reprographics 60,440 -
169 815 Volunteer Services 38,430 -
172 897 Risk Management 65,840 -
193 930 Housing Authority 760 -
200 989 Redding Area Bus Authority 540 -
230 972 City Housing 410 -
96th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2021 -078
Page 2 of 6
Resolution No. 2023 - ____
THAT account titles and numbers requiring adjustments by this Resolution are as follows:
Fiscal Year Ended 2023
Decrease (Increase) Fund Balance Use of Funds
Source of
Funds
111 427 01 0001 01 Beginning Balance -$ 1,395,790$
134 821 01 0001 01 Beginning Balance 36,230
142 851 01 0001 01 Beginning Balance 1,130,320
143 862 01 0001 01 Beginning Balance 38,170
145 870 01 0001 01 Beginning Balance 160,340
147 801 01 0001 01 Beginning Balance 4,070
149 551 01 0001 01 Beginning Balance 644,050
151 895 01 0001 01 Beginning Balance 20
153 810 01 0001 01 Beginning Balance 807,950
154 891 01 0001 01 Beginning Balance 30,140
158 894 01 0001 01 Beginning Balance 3,130
160 816 01 0001 01 Beginning Balance 6,980
162 807 01 0001 01 Beginning Balance 5,970
166 899 01 0001 01 Beginning Balance 60
168 893 01 0001 01 Beginning Balance 60,440
169 815 01 0001 01 Beginning Balance 38,430
172 897 01 0001 01 Beginning Balance 65,840
193 930 01 0001 01 Beginning Balance 760
200 989 01 0001 01 Beginning Balance 540
230 972 01 0001 01 Beginning Balance 410
Expenditures Use of Funds
Source of
Funds
111 401 111 01 Full Time 740
111 401 173 01 Group Insurance 24,790
111 401 2673 01 Council Travel 4,030
111 411 111 01 Full Time 67,910
111 422 151 01 Accrued Pay - Vacation 18,500
111 422 164 01 Accrued Pay - Deferred 19,970
96th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2021 -078
Page 3 of 6
Resolution No. 2023 - ____
Fiscal Year Ended 2023 (Continued)
Expenditures (Continued) Use of Funds
Source of
Funds
111 422 111 01 Full Time 45,370
111 425 111 01 Full Time 13,040
111 427 2555 01 Economic Development 5,540
111 429 111 01 Full Time 37,900
111 441 161 01 Accrued Pay - Sick 25,050
111 442 151 01 Accrued Pay - Vacation 139,730
111 442 164 01 Accrued Pay - Deferred 124,610
111 442 165 01 Accrued Pay - Comp Time 41,680
111 442 161 01 Accrued Pay - Sick 140,550
111 443 151 01 Accrued Pay - Vacation 30,370
111 443 161 01 Accrued Pay - Sick 20,290
111 443 165 01 Accrued Pay - Comp Time 131,180
111 444 151 01 Accrued Pay - Vacation 5,700
111 441 2253 01 Professional Services/Consulting 97,860
111 441 2274 01 Vehicle Fuel & Lubricant 6,100
111 442 2274 01 Vehicle Fuel & Lubricant 105,640
111 462 140 01 Overtime 40,670
111 641 111 01 Full Time 90,780
134 821 4581 65 Terminal Loop Design 1,490
134 821 4581 89 ARPA Funding 5,560
134 821 4581 93 Runway 16-34, 12-30 Taxiway Design 21,410
134 824 4581 69 Airport Drainage Study 3,070
134 824 4581 75 Slurry Runway 15-33/Magvar Design 570
142 852 8555 86 Purchase Power - Other 969,830
142 859 3440 01 Underground Conduct & Devices 49,620
145 871 111 01 Full Time 16,500
145 875 111 01 Full Time 108,620
149 550 2112 01 Fixed Reimbursements Public Works 42,040
149 553 2106 01 Fixed Charge Fleet Maintenance 43,420
149 556 2254 01 Specialized Services/Tech 118,010
154 891 111 01 Full Time 27,610
158 894 111 01 Full Time 3,130
168 893 111 01 Full Time 59,300
172 897 111 01 Full Time 65,840
160 816 111 01 Full Time 6,980
169 815 111 01 Full Time 38,430
153 810 2276 01 Vehicle Repairs & Maintenance 805,080
111 424 2106 01 Fixed Charge Fleet Maintenance 680
111 432 2106 01 Fixed Charge Fleet Maintenance 900
111 434 2106 01 Fixed Charge Fleet Maintenance 230
111 441 2106 01 Fixed Charge Fleet Maintenance 850
111 442 2106 01 Fixed Charge Fleet Maintenance 45,420
111 443 2106 01 Fixed Charge Fleet Maintenance 2,710
111 461 2106 01 Fixed Charge Fleet Maintenance 60
111 462 2106 01 Fixed Charge Fleet Maintenance 62,960
96th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2021 -078
Page 4 of 6
Resolution No. 2023 - ____
Fiscal Year Ended 2023 (Continued)
Expenditures (Continued) Use of Funds
Source of
Funds
111 463 2106 01 Fixed Charge Fleet Maintenance 2,230
111 501 2106 01 Fixed Charge Fleet Maintenance 8,140
111 511 2106 01 Fixed Charge Fleet Maintenance 13,180
111 610 2106 01 Fixed Charge Fleet Maintenance 19,140
111 620 2106 01 Fixed Charge Fleet Maintenance 1,290
134 821 2106 01 Fixed Charge Fleet Maintenance 4,130
142 852 8933 83 Fixed Charge Fleet Maintenance 1,410
142 853 8933 83 Fixed Charge Fleet Maintenance 103,250
142 854 8933 83 Fixed Charge Fleet Maintenance 450
142 889 2106 01 Fixed Charge Fleet Maintenance 5,760
143 861 2106 01 Fixed Charge Fleet Maintenance 20
143 863 2106 01 Fixed Charge Fleet Maintenance 5,610
143 864 2106 01 Fixed Charge Fleet Maintenance 32,540
145 870 2106 01 Fixed Charge Fleet Maintenance 800
145 871 2106 01 Fixed Charge Fleet Maintenance 150
145 872 2106 01 Fixed Charge Fleet Maintenance 2,170
145 874 2106 01 Fixed Charge Fleet Maintenance 28,510
145 875 2106 01 Fixed Charge Fleet Maintenance 3,590
147 801 2106 01 Fixed Charge Fleet Maintenance 4,070
149 550 2106 01 Fixed Charge Fleet Maintenance 1,360
149 551 2106 01 Fixed Charge Fleet Maintenance 90,420
149 552 2106 01 Fixed Charge Fleet Maintenance 99,920
149 553 2106 01 Fixed Charge Fleet Maintenance 33,830
149 556 2106 01 Fixed Charge Fleet Maintenance 119,160
149 557 2106 01 Fixed Charge Fleet Maintenance 67,340
149 558 2106 01 Fixed Charge Fleet Maintenance 230
149 559 2106 01 Fixed Charge Fleet Maintenance 28,320
151 895 2106 01 Fixed Charge Fleet Maintenance 20
153 810 2106 01 Fixed Charge Fleet Maintenance 2,870
154 891 2106 01 Fixed Charge Fleet Maintenance 2,530
162 807 2106 01 Fixed Charge Fleet Maintenance 5,160
162 867 2106 01 Fixed Charge Fleet Maintenance 810
166 899 2106 01 Fixed Charge Fleet Maintenance 60
168 893 2106 01 Fixed Charge Fleet Maintenance 1,140
193 930 2106 01 Fixed Charge Fleet Maintenance 760
200 989 2106 01 Fixed Charge Fleet Maintenance 540
230 972 2106 01 Fixed Charge Fleet Maintenance 410
4,429,640$ 4,429,640$
96th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2021 -078
Page 5 of 6
Resolution No. 2023 - ____
THAT the purpose is to increase appropriations by $4,429,640 for fiscal year 2022-2023.
I HEREBY CERTIFY that the foregoing Resolution was introduced and adopted at a regular meeting of the City
Council for the City of Redding on the_____day of ____________, 2023 and was duly adopted at said meeting
by the following vote:
AYES: COUNCIL MEMBERS:
NOES: COUNCIL MEMBERS:
ABSENT: COUNCIL MEMBERS:
ABSTAIN: COUNCIL MEMBERS:
MICHAEL DACQUISTO, Mayor
ATTEST: FORM APPROVAL:
PAMELA MIZE, City Clerk BARRY E. DeWALT, City Attorney
96th AMENDMENT TO CITY BUDGET RESOLUTION NO. 2021 -078
Page 6 of 6
Cash Flow
Estimate Actual Actual Actual Estimate Actual Actual Actual
Revenue FYE 2023 FYE 2023 FYE 2022 FYE 2021 FYE 2023 FYE 2022 FYE 2021 FYE 2020
Sales tax $33,206,810 $30,257,827 $32,088,786 $30,189,084 $33,206,810 $28,374,570 $30,189,084 $25,859,713
Property tax 25,339,140 26,410,111 24,285,060 22,820,856 25,339,140 23,961,450 22,820,856 21,182,617
Transient Occupancy Tax 7,529,510 7,247,565 8,262,335 5,915,535 7,529,510 5,399,530 5,915,535 5,352,432
Internal Departments 14,319,670 14,237,280 12,992,510 13,090,570 14,319,670 12,992,510 13,090,570 11,537,660
Revenue from Other Governments 2,969,790 5,742,806 15,406,264 2,929,851 2,969,790 4,581,750 2,929,851 4,309,727
Other 14,301,080 16,028,560 17,864,701 14,679,657 14,301,080 13,913,980 14,679,657 16,362,005
Total Revenue $97,666,000 $99,924,149 $110,899,656 $89,625,553 $97,666,000 $89,223,790 $89,625,553 $84,604,154
The above revenue chart excludes transfers
Cash Flow
Estimate Actual Actual Actual Budgeted Actual Actual Actual
Expenditures FYE 2023 FYE 2023 FYE 2022 FYE 2021 FYE 2022*FYE 2022 FYE 2021 FYE 2020
Police $46,920,420 $44,694,466 $39,682,218 $35,049,109 $46,920,420 $39,682,218 $35,049,109 $31,641,369
Fire 26,666,000 26,952,570 26,045,242 28,526,091 26,666,000 26,045,242 28,526,091 21,774,444
Public Works 23,370,910 14,469,797 9,511,416 7,221,574 23,370,910 9,511,416 7,221,574 6,889,613
Development Services 7,441,750 5,652,666 5,170,813 5,319,892 7,441,750 5,170,813 5,319,892 4,556,208
Community Services 10,368,920 7,918,709 6,773,247 5,936,020 10,368,920 6,773,247 5,936,020 5,550,231
Other 20,874,680 14,333,343 12,630,296 10,132,220 20,874,680 12,630,296 10,132,220 9,533,422
Total Expenditures $135,642,680 $114,021,551 $99,813,232 $92,184,906 $135,642,680 $99,813,232 $92,184,906 $79,945,287
*Includes carryover amount of $27,524,500 from prior year's budget.
July through June Amounts Total For Fiscal Year
Comparison of General Fund Revenues and Expenditures (Budgetary Basis)
Report for the Period July through June, 2023
REVENUE COMPARISON
July through June Amounts Total For Fiscal Year
EXPENDITURE COMPARISON
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
Sales Tax Property Tax TOT Other Gov. Internal Other
General Fund Revenues Through June 2023
(In Thousands)
Budget
Actual
Prior Year
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
$45,000
$50,000
Police Fire Public Works Development Services Community Services Other Expenditures
General Fund Expenditures Through June 2023
(In Thousands)
Budget
Actual
Prior Year
Year End Budget Report
APPENDIX A
COMPARATIVE SUMMARY OF GENERAL FUND REVENUES AND
EXPENDITURES
For the Period
July 2022 through June 2023
City of Redding – Year End Budget Report
Fiscal Year 2022-23
MID CYCLE BUDGET REPORT
Fiscal Year 2022-23
City of Redding – Year End Budget Report
Fiscal Year 2022-23
INTRODUCTION
The Finance Division has completed its year end budget review for fiscal year 2022-2023 and respectfully
submits this report for the City Council’s review. This fiscal year ended (FYE) June 30, 2023 budget report
is submitted in-lieu of the typical quarterly financial report.1
This report compares actual expenditures and revenues through June 30, 2023, to budget projections (or
subsequent revisions, if applicable). The report focuses primarily on the General Fund, but also includes a
brief review of revenues and expenditures for each enterprise fund, i.e., the Water, Wastewater, Storm
Drainage, Electric, Airport, Solid Waste, and internal service funds. In the interest of time and space, we
have not included information regarding all individual internal service funds or special revenue funds;
however, staff would be pleased to provide this additional information upon request.
GENERAL FUND
REVENUES
Overview
General Fund revenue as of June 30, 2023, totals $99,924,149 which is $2,258,149 or 2.3 percent above
staff’s cash flow projection. Total revenue represents 102.3 percent of the annual budget estimate, as
amended by Council resolution. Below is a further discussion of various revenues of the General Fund.
Sales Tax
Sales tax revenue for FYE 2023 totals $30,257,827 or $2,948,983 (8.9 percent) below staff’s amended cash
flow estimate of $33,206,810. Staff is not recommending any changes at this time to the sales tax revenue
projection. The reductions to sales tax were accounted for as part of the Fiscal Year 2023-24 & 2024-25
Biennial Budget Development. Future quarterly updates will report on how the City is tracking against these
projections.
Property Tax
Property tax revenue for FYE 2023, totals $26,410,111 or $1,070,971 (4.2 percent) above staff’s cash flow
estimate of $25,339,140. Staff is not recommending any changes at this time to the property tax revenue
projection.
Transient Occupancy Tax
Transient Occupancy Tax (TOT) revenue for FYE 2022 totals $7,247,565 or $281,945 (3.7 percent) below
staff’s cash flow estimate of $7,529,510. Staff is not recommending any changes at this time to the transient
occupancy tax revenue projection.
1Please refer to Appendix A for a detailed summary of General Fund revenues and expenditures.
City of Redding – Year End Budget Report
Fiscal Year 2022-23
Other Taxes
Other taxes (Business License Tax, Real Property Transfer Tax, Franchise Tax, and Cannabis Tax) revenue
for FYE 2023 totals $4,487,237 or $99,337 (2.3 percent) above staff’s cash flow estimate of $4,387,900.
This includes Cannabis Tax revenue of $1,809,474 for FYE 2023, which was 78,686 (4.3 percent) below
staff’s cash flow estimate. Staff is not recommending any changes at this time to the other tax revenue
projections.
Revenue from Other Governmental Agencies
Revenue from Other Governmental Agencies total $5,742,806 for FYE 2023 or $2,773,016 (93.4 percent)
above staff’s cash flow estimate of $2,969,790. This is due to timing differences of grant funding being
received compared to budget.
Revenue from Internal Departments
Revenue from internal departments for FYE 2023 totals $14,319,670 which is the same as staff’s cash flow
projection. Revenues from internal departments are trending as expected and no changes to revenues from
internal departments are being recommended at this time.
Licenses and Permits
Revenue from licenses and permits for FYE 2023 totals $2,382,731 or $114,891 (5.0 percent) above staff’s
cash flow projection of $2,267,840. Staff is not recommending any changes at this time.
Fines and Penalties
Revenue from fines and penalties for FYE 2023 totals $759,822 or $139,188 (15.4 percent) below staff’s
cash flow projection of $899,010. Staff is not recommending any changes at this time.
Charges for Current Services
Revenue from charge for current services for FYE 2023 totals $4,605,112 or $1,270,692 (38.1 percent)
above staff’s cash flow projection of $3,334,420. Staff is not recommending any changes at this time.
All Other General Fund Revenues
Revenue from all other General Fund revenues total $3,793,658 FYE 2023 or $381,748 (11.2 percent) above
staff’s cash flow estimate of $3,411,910. Staff is not recommending any changes at this time.
EXPENDITURES
Overview
General Fund appropriations through June 30, 2023, total $135,642,680 which is an increase of $39,625,380
or 41.3 percent, since the budget was adopted by the City Council on June 15, 2021. Of this increase,
$27,524,500 is from carryover from the prior year (primarily relating to grants and projects). A component of
City of Redding – Year End Budget Report
Fiscal Year 2022-23
these carryovers and the increases are related to the American Rescue Plan Act (ARPA) funding of
$18,693,440 of which approximately $14 million was appropriated in the General Fund. The remaining
increase is due primarily to increases in grant and grant-like revenues and appropriations.
Police
The Police Department’s budget, including the grant division, totals $46,920,420, or 34.6 percent of total
General Fund appropriations. The Police Department has expended $44,694,465 or 95.3 percent of its
budget, as of June 30, 2023. There are three budget requests from the Police Department: Vehicle Fuel for
$111,740, Legal Fees for $97,860, and Accrued cash outs due to retirements for $659,160.
Fire
The Fire Department’s budget totals $26,666,000, or 19.7 percent of total General Fund appropriations. The
Fire Department has expended $26,952,569 or 101.1 percent of its budget, through June 30, 2023. The Fire
Department is requesting $40,670 for overages related to overtime costs for the fiscal year.
Public Works
The Public Works Department’s General Fund budget (Public Works Engineering, Transportation and
Engineering, and Streets) totals $23,370,910 or 17.2 percent of total General Fund appropriations. The
Transportation and Engineering Department’s General Fund has expended $14,469,797 or 61.9 percent of its
budget, through June 30, 2023.
Development Services
The Development Services Department’s General Fund budget (Planning, Building, Permit Center, and
Engineering & Design) totals $7,441,750 or 5.5 percent of total General Fund appropriations. The
Department expended $5,652,665, or 76.0 percent of its budget, through June 30, 2023. Staff is not
recommending any changes to the budget at this time.
Community Services
The Community Services Department’s General Fund budget (Recreation, Parks and Community Services
Administration) totals $10,368,920, or 7.6 percent of total General Fund appropriations. The department has
expended $7,918,709, or 76.4 percent of its budget, through June 30, 2023. Community Services is
requesting $90,780 for overages related to personnel increases which were not budgeted for.
Non-Departmental/Debt Service
The budgets for the Non-Departmental, Animal Regulation and Debt Service divisions total $14,319,820, or
10.6 percent of total General Fund appropriations. Expenditures through June 30, 2023 total $7,730,668, or
54.0 percent of the amount budgeted for this purpose. Non-Departmental is requesting $5,540 for overages
related to a renegotiated Economic Development contract.
General Government
City of Redding – Year End Budget Report
Fiscal Year 2022-23
The current budgets for general government departments and divisions (i.e., City Council, City Clerk, City
Treasurer, City Manager, City Attorney, Finance, Purchasing, Personnel and Midtown) total $6,554,860, or
4.8 percent of total General Fund appropriations. These departments and divisions have expended
$6,602,675, or 100.1 percent of their budgets, through June 30, 2023. The following departments are
requesting additional personnel budget due to the impacts of negotiated raises which were not budgetarily
planned for and this is cleaning up those items at fiscal year-end: $67,910 for the City Manager, $13,040 for
the Finance Department, $45,370 for the City Attorney, $37,900 for Personnel. Additional, General
Government budget requests are as follows: City Attorney for unplanned departure of staff and associated
payouts of accrued leave for $38,470, City Council unbudgeted benefit costs of $25,530 and City Council
unbudgeted travel costs of $4,030.
Cash Flow Analysis
The attached 10-year plan now projects that the General Fund will end fiscal year 2022-23 with a cash
reserve of approximately $21.0 million. The decrease to the cash reserve from prior 10 year plans presented
is due primarily from the additional expenditure requests in this report and includes previous budget
resolutions adopted by council to increase General Fund appropriations. The primary difference between the
current cash balance of approximately $25.5 million and the projected cash balance of $21.0 million has to
do with the budget vs actual results of the budget but also American Rescue Plan Act (ARPA) funds, which
are included in General Fund cash but may not be fully expended at this time. Another contributing factor
has to do with year end closing entries and accruals that are not displayed in the 10-year plan which is a
budgetary basis as compared to adjustments that reflect the full accounting process of closing the General
Fund Cash. After the completion of the annual audit and the Annual Comprehensive Financial Report staff
will amend the beginning cash figure to the appropriate amount.
TEN YEAR PLAN
With the changes outlined above the General Fund Ten Year Plan maintains a ten percent minimum reserve
for the entirety of the Ten Year Plan.
ENTERPRISE FUNDS
WATER UTILITY FUND
Expenditures
Appropriations from the Water Utility Fund total $65,402,110. Expenditures through June 30, 2023, total
$23,577,081 or 36.0 percent of total appropriations. Expenditures are substantially lower than budget as a
result of capital outlay being substantially below their appropriated amount. Most of these funds will be
carried over to FYE 2023 to complete the capital projects. Without capital outlay, the Water Utility
expended 85.3 percent of its budget. Staff is not recommending any changes to Water Utility Expenditures.
Revenue
Revenue in the Water Utility Fund through June 30, 2023 totals $26,786,793. This level of revenue
City of Redding – Year End Budget Report
Fiscal Year 2022-23
represents 91.3 percent of the estimate contained in the amended FYE 2022 budget. No changes are being
recommended.
WASTEWATER UTILITY FUND
Expenditures
Appropriations from the Wastewater Utility Fund total $70,336,000 through June 30, 2023. Expenditures to
date total $34,660,803 or 49.3 percent of total appropriations. The ratio of expenditures to appropriations is
low because expenditures related to capital projects are low; however, most of these funds will be carried
over to FYE 2023 for completion of the projects. Without capital outlay, the Wastewater Utility expended
96.1 percent of its budget. Staff is requesting and additional $125,120 which is the result of unplanned and
unbudgeted negotiated raises which occurred after the budget adoption.
Revenues
Revenue in the Wastewater Utility Fund through June 30, 2023 totals $35,710,375. This level of revenue
represents 104.0 percent of the estimate contained in the amended 2023 budget. No changes are being
recommended.
STORM DRAINAGE UTILITY
Expenditures
Appropriations from the Storm Drainage Utility Fund total $6,429,410 through June 30, 2023. Expenditures
to date total $3,403,462 or 52.9 percent of total appropriations. The ratio of actual expenditures to date to
total appropriations is low due to the fact that expenditures associated with several capital projects are low at
this point in time. Some of these funds will be carried over to FYE 2023 to complete the projects. Without
capital outlay, the Storm Drainage Utility expended 81.6 percent of its FYE 2023 amended budget. No
changes are being recommended.
Revenue
Revenue in the Storm Drainage Utility Fund totals $2,368,780 through June 30, 2023. This level of revenue
represents 105.1 percent of the estimate contained in the amended FYE 2023 budget. No changes are being
recommended.
ELECTRIC UTILITY
Expenditures
Appropriations from the Electric Utility Fund total $177,860,090 through June 30, 2023. Expenditures for
FYE 2023 total $203,180,875, or 83.3 percent of total appropriations. Without capital outlay, the Electric
Utility expended 87.4 percent of its FYE 2023 amended budget. The Electric Utility is requesting two
changes to the budget. The first is for purchased power as a result of the market activity and net amount
requested is due to the exposure to the drought in fiscal year 22-23. The second request is completion of
City of Redding – Year End Budget Report
Fiscal Year 2022-23
infrastructure projects of relocating overhead to underground and is in line with the strategic plan of the
Electric Utility.
Revenue
Revenue in the Electric Utility Fund totals $197,909,436 through June 30, 2023. This level of revenue
represents 114.1 percent of the estimate contained in the amended FYE 2023 budget. No changes are being
recommended.
AIRPORTS FUND
Expenditures
Appropriations from the Airports Fund total $23,010,480. Expenditures total $10,077,754, or 43.8 percent
of total appropriations, through June 30, 2023. The ratio of expenditures to appropriations is low because
expenditures related to capital projects are low; however, most of these funds will be carried over to FYE
2023 for completion of the projects. Excluding capital outlay, the Airports fund expended 88.5 percent of its
FYE 2023 amended budget. The Airports fund is requesting overages for the following projects and
amounts: $1,490 for the terminal loop design, $5,560 for grant projects around ARPA funding which there
was not adequate ARPA funding available, $21,410 for Runway 16-34, 12-30 Taxiway design project,
$3,070 for Airport Drainage study at Benton, and the Slurry and Magvar design for Runway 15-33 at Benton.
Revenues
Revenue in the Airports Fund totals $3,171,594 through June 30, 2023 excluding grant revenue. This level
of revenue represents 204.4 percent of the estimate contained in the amended FYE 2023 amended budget.
No changes are being recommended.
SOLID WASTE FUND
Expenditures
Appropriations for the Solid Waste Fund total $31,981,304 for FYE 2023. Expenditures through June 30,
2022 total $25,507,434 or 79.8 percent of total appropriations. Without capital outlay, the Sold Waste Fund
expended 99.0 percent of its FYE 2023 amended budget. Staff is recommending three changes to the
budgeted funds, first for an unbudgeted increase of $42,040 to the Public Works administrative charges for
reimbursement of management costs, $43,420 for unbudgeted fleet charges for an additional truck needed to
address additional requests from customers for drop box rentals, and the final request is for $118,010 for
sorting of recycling materials costs.
Revenues
Revenue in the Solid Waste Utility Fund totals $24,361,549 through June 30, 2023. This level of revenue
represents 101.4 percent of the estimate contained in the amended FYE 2023 budget. No changes are being
recommended.
City of Redding – Year End Budget Report
Fiscal Year 2022-23
INTERNAL SERVICE FUNDS
All internal service funds are trending as expected, with the following exceptions.
Fleet is requesting $805,080 for vehicle repair and maintenance. This is partially due to the
increase in costs associated with inflation but also due to the fact that the City added staff
in 22-23 and they were able to complete additional work. This request requires additional
allocation to all City Departments in order to replenish the cash held by the Fleet
Department and there are a variety of requests associated to this change.
The following internal service funds are requesting funds due to negotiated raises which
were not budgeted for with the original budget adoption: Building Maintenance for
$27,610, Records for $3,130, Reprographics for $59,300, Employer Services for $6,980,
Risk for $65,840, and Volunteer Services for $38,430. All of these funds have adequate
funds available and do not require reallocation to the associated departments.
Year End Budget Report
Section One
Actual Revenues Compared to Cash Flow Estimates
RVR213A CITY OF REDDING 10:12:57 8/02/2023 CLOSE OF JUNE 2/15/23
Finance Department MONTH OF JUNE 2023
COMPARATIVE SUMMARY OF ACTUAL REVENUES
GENERAL FUNDS
----------------- Current Month ------------------ ------------------ Year to Date ------------------
Monthly Over YTD Over
Projection Actual (Under) % Projection Actual (Under) %___________ ___________ ___________ _____ ___________ ___________ ___________ _____
GENERAL FUND
TAXES
Property Taxes 177,152 1,078,183 901,031 608.6 25,339,140 26,410,111 1,070,971 104.2
Sales Tax-Nondedicated 2,487,541 2,345,700 (141,841) 94.2 33,206,810 30,257,827 (2,948,983) 91.1
Transient Occupancy Tax 670,442 557,168 (113,274) 83.1 7,529,510 7,247,565 (281,945) 96.2
Viacom Cablevision - - - - 923,540 886,617 (36,923) 96.0
Pacific Gas & Electric Co. - - - - 351,200 439,119 87,919 125.0
Business License Tax 72,924 65,448 (7,476) 89.7 875,000 924,686 49,686 105.6
Real Property Transfer Tax 29,174 41,804 12,630 143.2 350,000 427,341 77,341 122.0
Commercial Cultivation Cannabis - - - - 138,160 164,609 26,449 119.1
Retail Cannabis Business Tax - 66,652 66,652 - 1,750,000 1,635,189 (114,811) 93.4
Other Commercial Cannabis Business Tax - - - * - 9,676 9,676 *___________ ___________ ___________ _____ ___________ ___________ ___________ _____
Total Taxes 3,437,233 4,154,955 717,722 120.8 70,463,360 68,402,740 (2,060,620) 97.0___________ ___________ ___________ _____ ___________ ___________ ___________ _____
LICENSES AND PERMITS
Animal Licenses 3,337 4,643 1,306 139.1 40,000 59,261 19,261 148.1
Building Permits 134,868 70,493 (64,375) 52.2 1,618,350 1,393,388 (224,962) 86.0
Engineering Encroachment Permit 7,500 10,328 2,828 137.7 90,000 292,005 202,005 324.4
Electical Permits 16,361 11,605 (4,756) 70.9 196,200 284,440 88,240 144.9
Transportation Permit 775 1,294 519 166.9 9,300 8,712 (588) 93.6
Plumbing Permits 9,111 6,342 (2,769) 69.6 109,200 103,571 (5,629) 94.8
Mechanical Permit 16,249 21,141 4,892 130.1 194,790 223,619 28,829 114.8
Engineering Grading Permits 837 - (837) 0.0 10,000 17,735 7,735 177.3___________ ___________ ___________ _____ ___________ ___________ ___________ _____
Total Licenses and Permits 189,038 125,846 (63,192) 66.5 2,267,840 2,382,731 114,891 105.0___________ ___________ ___________ _____ ___________ ___________ ___________ _____
FINES, FORFEITS, AND PENALTIES
Traffic Safety Fines 189,074 64,231 (124,843) 33.9 797,310 948,745 151,435 118.9
Code Enforcement Fines 12,174 20,373 8,199 167.3 146,000 1,729,489 1,583,489 184.5
Other Fines & Fees 4,424 4,021 (403) 90.8 53,000 80,860 27,860 152.5
Cannabis Delinquency Penalty - - - * - 28,798 28,798 *___________ ___________ ___________ _____ ___________ ___________ ___________ _____
Total Fines, Forfeits & Penalties 205,672 88,625 (117,047) 43.0 996,310 2,787,892 1,791,582 279.8___________ ___________ ___________ _____ ___________ ___________ ___________ _____
REVENUE FROM INTERNAL DEPARTMENTS
Fixed Reimbursements 421,833 421,818 (15) 99.9 5,061,820 5,061,820 - 100.0
Fixed Reimbursement Public Works Admin 76,323 69,452 (6,871) 90.9 915,810 833,420 (82,390) 91.0
Fixed Reimbursement NDPES 38,820 38,811 (9) 99.9 465,730 465,730 - 100.0
In-lieu Payment from 821--Muni Airport 20,424 20,417 (7) 99.9 245,000 245,000 - 100.0
In-Lieu Payment from Division 854-Electric 520,574 520,567 (7) 99.9 6,246,800 6,246,800 - 100.0
advances from internal department - 1,384,510 1,384,510 - 1,384,510 1,384,510 - 100.0___________ ___________ ___________ _____ ___________ ___________ ___________ _____
Total Revenue from Internal Departments 1,077,974 2,455,575 1,377,601 227.7 14,319,670 14,237,280 (82,390) 99.4___________ ___________ ___________ _____ ___________ ___________ ___________ _____
* Unbudgeted revenue
1
RVR213A CITY OF REDDING 10:12:57 8/02/2023 CLOSE OF JUNE 2/15/23
Finance Department MONTH OF JUNE 2023
COMPARATIVE SUMMARY OF ACTUAL REVENUES
GENERAL FUNDS
(continued)
----------------- Current Month ------------------ ------------------ Year to Date ------------------
Monthly Over YTD Over
Projection Actual (Under) % Projection Actual (Under) %___________ ___________ ___________ _____ ___________ ___________ ___________ _____
GENERAL FUND
REVENUE FROM OTHER GOVERMENTAL AGENCIES
State Grant Operating for General Gov't 91,160 (8,450) (99,610) 9.2 488,120 218,622 (269,498) 44.7
Federal Grant-Operating-General Gov't 20,990 2,540,268 2,519,278 102.2 705,800 2,797,798 2,091,998 396.4
Shasta County Grant - Operating - Police 19,619 8,419 (11,200) 42.9 272,180 109,743 (162,437) 40.3
SHASTA CO OPERATING REIMB-POLICE - - - - 65,000 80,721 15,721 124.1
State Reimbursement - 9,000 9,000 * - 918,185 918,185 *
STATE LEGISLATIVE REVENUE OPERATING-POLICE 296,900 296,893 (7) 99.9 296,900 293,031 (3,869) 98.6
Reimbursement of Mandated Costs 4,750 - (4,750) 0.0 57,000 101,535 44,535 178.1
POST Grant - Operating - Police 4,750 16,273 11,523 342.5 57,000 133,207 76,207 233.6
Home Owner Property Tax Relief 12,750 21,554 8,804 169.0 153,000 143,696 (9,304) 93.9
Motor Vehicle In-Lieu Tax - - - - 45,000 96,184 51,184 213.7
School District Contrib-Operating-Police 22,333 12,038 (10,295) 53.9 577,800 577,800 - 100.0
Redding Rancheria Payment 10,162 - (10,162) 0.0 121,900 121,899 (1) 99.9
Contribution RABA - Operating - Police 2,087 2,083 (4) 99.8 25,000 25,000 - 100.0
Buckeye Fire Service Dist-Operating-Fire - - - * - 5,000 5,000 *
Buckeye Fire District - Capital - Fire - - - - 80,090 80,087 (3) 99.9
SHASCOM - Payroll 2,087 - (2,087) 0.0 25,000 40,298 15,298 161.1___________ ___________ ___________ _____ ___________ ___________ ___________ _____
Total Revenue - Other Government Agencies 487,588 2,898,078 2,410,490 594.3 2,969,790 5,742,806 2,773,016 193.3___________ ___________ ___________ _____ ___________ ___________ ___________ _____
OTHER REVENUES
Late Fees 141,674 158,156 16,482 111.6 1,700,000 1,629,396 (70,604) 95.8
Contributions - Operating - General Gov't 42,785 - (42,785) 0.0 312,050 141,603 (170,447) 45.3
Compensation - Loss & Property Damage - (5,079) (5,079) - 34,500 74,568 40,068 216.1
Miscellaneous Receipts 45,329 52,283 6,954 115.3 392,100 623,698 231,598 159.0
Reimbursement 22,527 - (22,527) 0.0 270,280 286,522 16,242 106.0___________ ___________ ___________ _____ ___________ ___________ ___________ _____
Total Other Revenues 252,315 205,360 (46,955) 81.3 2,708,930 2,755,787 46,857 101.7___________ ___________ ___________ _____ ___________ ___________ ___________ _____
CHARGES FOR CURRENT SERVICES
Planning Permits (Subdivisions) 41,156 97,301 56,145 236.4 493,740 598,480 104,740 121.2
Building Plan - Record Fees 1,542 1,844 302 119.5 18,460 27,058 8,598 146.5
Building Plan - Check Fees 47,335 79,117 31,782 167.1 567,910 753,547 185,637 132.6
Fees for Outside Plan Checks 95 - (95) 0.0 1,140 - (1,140) 0.0
Plan Check Fees - Fire Department 6,250 8,847 2,597 141.5 75,000 108,535 33,535 144.7
Engineering Land Development Fees 8,337 15,472 7,135 185.5 100,000 409,651 309,651 409.6
Technology Surcharge 10,136 43,656 33,520 430.7 121,610 249,180 127,570 204.9
Cannabis Application & Permit Fees 39,580 105,708 66,128 267.0 474,850 770,570 295,720 162.2
Sale of Publications 13 - (13) 0.0 90 226 136 251.1
Animal Shelter Fees 587 353 (234) 60.1 7,000 5,536 (1,464) 79.0
Inspection Fees 249 - (249) 0.0 2,900 3,432 532 118.3
Fingerprint Fees 837 782 (55) 93.4 10,000 7,390 (2,610) 73.9
Fire Permits & Fees 24,174 145 (24,029) .5 290,000 96,827 (193,173) 33.3
* Unbudgeted revenue
2
RVR213A CITY OF REDDING 10:12:57 8/02/2023 CLOSE OF JUNE 2/15/23
Finance Department MONTH OF JUNE 2023
COMPARATIVE SUMMARY OF ACTUAL REVENUES
GENERAL FUNDS
(continued)
----------------- Current Month ------------------ ------------------ Year to Date ------------------
Monthly Over YTD Over
Projection Actual (Under) % Projection Actual (Under) %___________ ___________ ___________ _____ ___________ ___________ ___________ _____
GENERAL FUND
CHARGES FOR CURRENT SERVICES
DUI - Emergency Response 6,161 280 (5,881) 4.5 73,800 107,299 33,499 145.3
Swimming Pool Receipts 13,390 32,200 18,810 240.4 160,570 111,214 (49,356) 69.2
RAC Swim Shop / Rental 3,250 1,974 (1,276) 60.7 39,000 21,317 (17,683) 54.6
RAC Admission 10,517 40,034 29,517 380.6 126,160 103,554 (22,606) 82.0
RAC Swim Team 1,059 - (1,059) 0.0 12,620 6,554 (6,066) 51.9
Swimming Pool Concession 5,264 15,389 10,125 292.3 63,080 48,226 (14,854) 76.4
Other Charges & Fees 12,306 3,104 (9,202) 25.2 142,630 670,392 527,762 470.0
Recreation Sports 46,189 (3,958) (50,147) 8.5 553,960 470,920 (83,040) 85.0
Ticket Surcharge on Ticket Sales - 35,204 35,204 * - 35,204 35,204 *
INVESTMENT/BANK CHARGE HOLDING ACCT - (340,738) (340,738) * - - - *
Bad Debt Writeoff (8,123) (611,475) (603,352) 527.6 (97,300) (2,028,070) (1,930,770) 84.3___________ ___________ ___________ _____ ___________ ___________ ___________ _____
Total Charges for Current Services 270,304 (474,761) (745,065) 175.6 3,237,220 2,577,042 (660,178) 79.6___________ ___________ ___________ _____ ___________ ___________ ___________ _____
REVENUE FROM THE USE OF MONEY & PROPERTY
Rental - Land or Facility 42,690 125,679 82,989 294.3 512,170 583,663 71,493 113.9
SHASCOM Base Rent - Police Portion 6,062 - (6,062) 0.0 72,700 74,479 1,779 102.4
Investment Income 9,847 61,559 51,712 625.1 118,010 379,123 261,113 321.2
Fiscal Agent Investment Income - 1 1 * - 606 606 *___________ ___________ ___________ _____ ___________ ___________ ___________ _____
Total Revenue - Use of Money & Property 58,599 187,239 128,640 319.5 702,880 1,037,871 334,991 147.6___________ ___________ ___________ _____ ___________ ___________ ___________ _____
TOTAL GENERAL FUND 5,978,723 9,640,917 3,662,194 161.2 97,666,000 99,924,149 2,258,149 102.3
=========== =========== =========== ===== =========== =========== =========== =====
RVR213A 10:12:57 8/02/2023
3
Year End Budget Report
Section Two
Comparative Summary of Actual Revenues
RVR213B CITY OF REDDING 10:12:57 8/02/2023 CLOSE OF JUNE 2/15/23
Finance Department MONTH OF JUNE 2023
COMPARATIVE SUMMARY OF ACTUAL REVENUES
GENERAL FUNDS
------------------ Budget Year -------------------
Budget Over
As Amended Actual (Under) %___________ ___________ ___________ _____
GENERAL FUND
TAXES
Property Taxes 25,339,140 26,410,111 1,070,971 104.2
Sales Tax-Nondedicated 33,206,810 30,257,827 (2,948,983) 91.1
Transient Occupancy Tax 7,529,510 7,247,565 (281,945) 96.2
Viacom Cablevision 923,540 886,617 (36,923) 96.0
Pacific Gas & Electric Co. 351,200 439,119 87,919 125.0
Business License Tax 875,000 924,686 49,686 105.6
Real Property Transfer Tax 350,000 427,341 77,341 122.0
Commercial Cultivation Cannabis 138,160 164,609 26,449 119.1
Retail Cannabis Business Tax 1,750,000 1,635,189 (114,811) 93.4
Other Commercial Cannabis Business Tax - 9,676 9,676 *___________ ___________ ___________ _____
Total Taxes 70,463,360 68,402,740 (2,060,620) 97.0___________ ___________ ___________ _____
LICENSES AND PERMITS
Animal Licenses 40,000 59,261 19,261 148.1
Building Permits 1,618,350 1,393,388 (224,962) 86.0
Engineering Encroachment Permit 90,000 292,005 202,005 324.4
Electical Permits 196,200 284,440 88,240 144.9
Transportation Permit 9,300 8,712 (588) 93.6
Plumbing Permits 109,200 103,571 (5,629) 94.8
Mechanical Permit 194,790 223,619 28,829 114.8
Engineering Grading Permits 10,000 17,735 7,735 177.3___________ ___________ ___________ _____
Total Licenses and Permits 2,267,840 2,382,731 114,891 105.0___________ ___________ ___________ _____
FINES, FORFEITS, AND PENALTIES
Traffic Safety Fines 797,310 948,745 151,435 118.9
Code Enforcement Fines 146,000 1,729,489 1,583,489 184.5
Other Fines & Fees 53,000 80,860 27,860 152.5
Cannabis Delinquency Penalty - 28,798 28,798 *___________ ___________ ___________ _____
Total Fines, Forfeits & Penalties 996,310 2,787,892 1,791,582 279.8___________ ___________ ___________ _____
REVENUE FROM INTERNAL DEPARTMENTS
Fixed Reimbursements 5,061,820 5,061,820 - 100.0
Fixed Reimbursement Public Works Admin 915,810 833,420 (82,390) 91.0
Fixed Reimbursement NDPES 465,730 465,730 - 100.0
In-lieu Payment from 821--Muni Airport 245,000 245,000 - 100.0
In-Lieu Payment from Division 854-Electric 6,246,800 6,246,800 - 100.0
advances from internal department 1,384,510 1,384,510 - 100.0___________ ___________ ___________ _____
Total Revenue from Internal Departments 14,319,670 14,237,280 (82,390) 99.4___________ ___________ ___________ _____
* Unbudgeted revenue
1
RVR213B CITY OF REDDING 10:12:57 8/02/2023 CLOSE OF JUNE 2/15/23
Finance Department MONTH OF JUNE 2023
COMPARATIVE SUMMARY OF ACTUAL REVENUES
GENERAL FUNDS
(continued)
------------------ Budget Year -------------------
Budget Over
As Amended Actual (Under) %___________ ___________ ___________ _____
GENERAL FUND
REVENUE FROM OTHER GOVERMENTAL AGENCIES
State Grant Operating for General Gov't 488,120 218,622 (269,498) 44.7
Federal Grant-Operating-General Gov't 705,800 2,797,798 2,091,998 396.4
Shasta County Grant - Operating - Police 272,180 109,743 (162,437) 40.3
SHASTA CO OPERATING REIMB-POLICE 65,000 80,721 15,721 124.1
State Reimbursement - 918,185 918,185 *
STATE LEGISLATIVE REVENUE OPERATING-POLICE 296,900 293,031 (3,869) 98.6
Reimbursement of Mandated Costs 57,000 101,535 44,535 178.1
POST Grant - Operating - Police 57,000 133,207 76,207 233.6
Home Owner Property Tax Relief 153,000 143,696 (9,304) 93.9
Motor Vehicle In-Lieu Tax 45,000 96,184 51,184 213.7
School District Contrib-Operating-Police 577,800 577,800 - 100.0
Redding Rancheria Payment 121,900 121,899 (1) 99.9
Contribution RABA - Operating - Police 25,000 25,000 - 100.0
Buckeye Fire Service Dist-Operating-Fire - 5,000 5,000 *
Buckeye Fire District - Capital - Fire 80,090 80,087 (3) 99.9
SHASCOM - Payroll 25,000 40,298 15,298 161.1___________ ___________ ___________ _____
Total Revenue - Other Government Agencies 2,969,790 5,742,806 2,773,016 193.3___________ ___________ ___________ _____
OTHER REVENUES
Late Fees 1,700,000 1,629,396 (70,604) 95.8
Contributions - Operating - General Gov't 312,050 141,603 (170,447) 45.3
Compensation - Loss & Property Damage 34,500 74,568 40,068 216.1
Miscellaneous Receipts 392,100 623,698 231,598 159.0
Reimbursement 270,280 286,522 16,242 106.0___________ ___________ ___________ _____
Total Other Revenues 2,708,930 2,755,787 46,857 101.7___________ ___________ ___________ _____
CHARGES FOR CURRENT SERVICES
Planning Permits (Subdivisions) 493,740 598,480 104,740 121.2
Building Plan - Record Fees 18,460 27,058 8,598 146.5
Building Plan - Check Fees 567,910 753,547 185,637 132.6
Fees for Outside Plan Checks 1,140 - (1,140) 0.0
Plan Check Fees - Fire Department 75,000 108,535 33,535 144.7
Engineering Land Development Fees 100,000 409,651 309,651 409.6
Technology Surcharge 121,610 249,180 127,570 204.9
Cannabis Application & Permit Fees 474,850 770,570 295,720 162.2
Sale of Publications 90 226 136 251.1
Animal Shelter Fees 7,000 5,536 (1,464) 79.0
Inspection Fees 2,900 3,432 532 118.3
Fingerprint Fees 10,000 7,390 (2,610) 73.9
Fire Permits & Fees 290,000 96,827 (193,173) 33.3
* Unbudgeted revenue
2
RVR213B CITY OF REDDING 10:12:57 8/02/2023 CLOSE OF JUNE 2/15/23
Finance Department MONTH OF JUNE 2023
COMPARATIVE SUMMARY OF ACTUAL REVENUES
GENERAL FUNDS
(continued)
------------------ Budget Year -------------------
Budget Over
As Amended Actual (Under) %___________ ___________ ___________ _____
GENERAL FUND
CHARGES FOR CURRENT SERVICES
DUI - Emergency Response 73,800 107,299 33,499 145.3
Swimming Pool Receipts 160,570 111,214 (49,356) 69.2
RAC Swim Shop / Rental 39,000 21,317 (17,683) 54.6
RAC Admission 126,160 103,554 (22,606) 82.0
RAC Swim Team 12,620 6,554 (6,066) 51.9
Swimming Pool Concession 63,080 48,226 (14,854) 76.4
Other Charges & Fees 142,630 670,392 527,762 470.0
Recreation Sports 553,960 470,920 (83,040) 85.0
Ticket Surcharge on Ticket Sales - 35,204 35,204 *
INVESTMENT/BANK CHARGE HOLDING ACCT - - - *
Bad Debt Writeoff (97,300) (2,028,070) (1,930,770) 84.3___________ ___________ ___________ _____
Total Charges for Current Services 3,237,220 2,577,042 (660,178) 79.6___________ ___________ ___________ _____
REVENUE FROM THE USE OF MONEY & PROPERTY
Rental - Land or Facility 512,170 583,663 71,493 113.9
SHASCOM Base Rent - Police Portion 72,700 74,479 1,779 102.4
Investment Income 118,010 379,123 261,113 321.2
Fiscal Agent Investment Income - 606 606 *___________ ___________ ___________ _____
Total Revenue - Use of Money & Property 702,880 1,037,871 334,991 147.6___________ ___________ ___________ _____
TOTAL GENERAL FUND 97,666,000 99,924,149 2,258,149 102.3
=========== =========== =========== =====
RVR213B 10:12:57 8/02/2023
3
Year End Budget Report
Section Three
Actual Expenditures Compared to Cash Flow Estimates
EXR214 CITY OF REDDING 10:06:20 8/02/2023 CLOSE OF JUNE 2/15/23
Finance Department MONTH OF JUNE 2023
ACTUAL EXPENDITURES COMPARED TO CASH FLOW ESTIMATES PAGE 1
GENERAL FUND ----------------- Current Month ------------------ ------------------ Year to Date ------------------
Monthly Over YTD Over
Projection Actual (Under) % Projection Actual (Under) %___________ ___________ ___________ _____ ___________ ___________ ___________ _____
CITY COUNCIL 15,132 18,942 3,810 125.1 180,080 212,039 31,959 117.7
CITY CLERK 83,868 52,426 (31,442) 62.5 984,330 953,080 (31,250) 96.8
CITY MANAGER 116,929 26,780 (90,149) 22.9 1,255,160 1,179,083 (76,077) 93.9
CITY TREASURER 63,783 101,502 37,719 159.1 712,630 659,728 (52,902) 92.5
CITY ATTORNEY 43,641 (21,062) (64,703) 48.2 380,150 456,809 76,659 120.1
CODE ENFORCEMENT 84,822 198,256 113,434 233.7 949,200 763,406 (185,794) 80.4
FINANCE AND ACCOUNTING 156,389 (50,302) (206,691) 32.1 1,765,500 1,853,084 87,584 104.9
NON DEPARTMENTAL 873,793 517,634 (356,159) 59.2 10,716,390 4,140,433 (6,575,957) 38.6
PURCHASING 57,183 58,550 1,367 102.3 639,810 616,776 (23,034) 96.3
PERSONNEL 57,948 39,258 (18,690) 67.7 637,200 672,076 34,876 105.4
PERMIT CENTER 71,637 (40,627) (112,264) 56.7 785,690 799,380 13,690 101.7
BUILDING & CODE ENFORCEMENT 263,480 122,881 (140,599) 46.6 2,734,490 2,097,520 (636,970) 76.7
PLANNING 243,393 178,351 (65,042) 73.2 2,972,370 1,992,360 (980,010) 67.0
POLICE - ADMINISTRATION 308,150 357,623 49,473 116.0 3,631,690 3,903,276 271,586 107.4
POLICE - FIELD OPERATIONS 2,983,846 4,050,901 1,067,055 135.7 31,762,460 29,443,467 (2,318,993) 92.6
POLICE - INVESTIGATIONS 468,276 645,096 176,820 137.7 5,233,390 5,985,825 752,435 114.3
POLICE - SERVICES DIVISION 359,701 246,844 (112,857) 68.6 4,674,900 4,258,239 (416,661) 91.0
POLICE INFORMATION TECHNOLOGY STAFF 6,165 (30,912) (37,077) 501.4 (22,500) - 22,500 0.0
POLICE GRANTS 476,740 344,437 (132,303) 72.2 1,640,480 1,103,659 (536,821) 67.2
ANIMAL REGULATION 77,428 82,632 5,204 106.7 968,400 968,029 (371) 99.9
FIRE - ADMINISTRATION 170,695 193,673 22,978 113.4 1,891,070 1,921,938 30,868 101.6
FIRE - SUPPRESSION 2,386,269 2,058,407 (327,862) 86.2 23,464,950 23,659,750 194,800 100.8
FIRE - PREVENTION 114,373 131,017 16,644 114.5 1,309,980 1,370,882 60,902 104.6
PUBLIC WORKS-ENGINEERING 196,625 222,015 25,390 112.9 1,787,380 1,270,669 (516,711) 71.0
ENGINEERING AND DESIGN 17,303 102,144 84,841 590.3 211,930 532,787 320,857 251.3
TRANSPORTATION/ENGINEERING 2,577 (69,117) (71,694) 682.0 (10,550) - 10,550 0.0
STREETS-GENERAL AND ADMINISTRATIVE 407,660 504,784 97,124 123.8 4,962,060 4,529,197 (432,863) 91.2
STREETS-CONSTRUCTION CAPITAL OUTLAY 847,374 381,463 (465,911) 45.0 16,420,090 8,137,144 (8,282,946) 49.5
PARKS 717,268 281,940 (435,328) 39.3 6,738,340 4,647,213 (2,091,127) 68.9
RECREATION 255,761 431,153 175,392 168.5 2,837,130 2,479,507 (357,623) 87.3
COMMUNITY SERVICES ADMINISTRATIVE DIVISION 72,341 74,203 1,862 102.5 793,450 791,989 (1,461) 99.8
MIDTOWN MALL 6,781 306 (6,475) 4.5 13,900 4,559 (9,341) 32.7
GENERAL FUND DEBT SERVICE 712 - (712) 0.0 2,621,130 2,617,647 (3,483) 99.8___________ ___________ ___________ _____ ___________ ___________ ___________ _____
Total - General Government 12,008,043 11,211,198 (796,845) 93.3 135,642,680 114,021,551 (21,621,129) 84.0
=========== =========== =========== ===== =========== =========== =========== =====
EXR214 10:06:20 8/02/2023
Year End Budget Report
Section Four
Actual Expenditures Compared to Budget
EXR58 CITY OF REDDING 10:06:43 8/02/23 CLOSE OF JUNE 2/15/23
Finance Department MONTH OF JUNE 2023
ACTUAL EXPENDITURES COMPARED TO BUDGET PAGE 1
GENERAL FUND
Budget Prior Year Current Year-to-Date Encumbrances Unencumbered %
As Amended Appropriations Expenditures Expenditures Outstanding Balance Obligated______________ ______________ ______________ ______________ ______________ ______________ _________
CITY COUNCIL 180,080.00 - 18,941.61 212,038.60 - ( 31,958.60) 117.7
CITY CLERK 932,010.00 52,320.00 52,425.92 953,080.41 162.42 31,087.17 96.8
CITY MANAGER 1,254,390.00 770.00 26,780.33 1,179,082.68 - 76,077.32 93.9
CITY TREASURER 710,030.00 2,600.00 101,501.51 659,727.67 - 52,902.33 92.5
CITY ATTORNEY 380,150.00 - ( 21,061.98) 456,809.49 1,262.24 ( 77,921.73) 120.4
CODE ENFORCEMENT 852,660.00 96,540.00 198,255.77 763,406.43 - 185,793.57 80.4
FINANCE AND ACCOUNTING 1,726,600.00 38,900.00 ( 50,301.57) 1,853,084.26 5,562.00 ( 93,146.26) 105.2
NON DEPARTMENTAL 4,591,280.00 6,125,110.00 517,634.37 4,140,433.30 1,871,071.00 4,704,885.70 56.0
PURCHASING 639,810.00 - 58,550.10 616,775.63 - 23,034.37 96.3
PERSONNEL 637,200.00 - 39,258.40 672,075.82 - ( 34,875.82) 105.4
PERMIT CENTER 780,670.00 5,020.00 ( 40,626.76) 799,379.54 - ( 13,689.54) 101.7
BUILDING & CODE ENFORCEMENT 2,497,020.00 237,470.00 122,881.46 2,097,519.75 176,769.27 460,200.98 83.1
PLANNING 2,095,390.00 876,980.00 178,350.54 1,992,359.59 136,273.01 843,737.40 71.6
POLICE-ADMINISTRATION 3,510,750.00 120,940.00 357,623.04 3,903,276.06 20,058.70 ( 291,644.76) 108.0
POLICE-FIELD OPERATIONS 28,237,590.00 3,524,870.00 4,050,900.62 29,443,466.87 75,014.05 2,243,979.08 92.9
POLICE-INVESTIGATIONS 5,172,320.00 61,070.00 645,095.94 5,985,825.14 - ( 752,435.14) 114.3
POLICE-SERVICES DIVISION 4,667,840.00 7,060.00 246,844.14 4,258,238.54 5,431.29 411,230.17 91.2
POLICE I/T STAFF ( 22,500.00) - ( 30,912.11) - - ( 22,500.00) 0.0
POLICE GRANTS 1,264,050.00 376,430.00 344,436.76 1,103,658.88 1,149.72 535,671.40 67.3
ANIMAL REGULATION 968,400.00 - 82,631.58 968,029.30 - 370.70 99.9
FIRE-ADMINISTRATION 1,841,970.00 49,100.00 193,672.97 1,921,937.68 - ( 30,867.68) 101.6
FIRE-SUPPRESSION 22,980,980.00 483,970.00 2,058,406.87 23,659,749.64 254,458.45 ( 449,258.09) 101.9
FIRE-PREVENTION 1,287,320.00 22,660.00 131,017.10 1,370,881.88 19,929.23 ( 80,831.11) 106.1
P/W-ENGINEERING 1,655,770.00 131,610.00 222,014.68 1,270,668.80 55,913.97 460,797.23 74.2
ENGINEERING AND DESIGN 211,580.00 350.00 102,143.71 532,786.81 1,937.64 ( 322,794.45) 252.3
TRANSPORTATION/ENGINEERING ( 10,550.00) - ( 69,117.00) - - ( 10,550.00) 0.0
STREETS - GENERAL & ADM 4,459,470.00 502,590.00 504,783.60 4,529,197.21 234,721.98 198,140.81 96.0
STREETS - CONSTRUCTION 7,016,530.00 9,403,560.00 381,463.15 8,137,144.00 2,990,352.63 5,292,593.37 67.7
PARKS 1,491,700.00 5,246,640.00 281,940.05 4,647,212.69 236,038.46 1,855,088.85 72.4
RECREATION 2,716,030.00 121,100.00 431,153.07 2,479,507.08 - 357,622.92 87.3
COMMUNITY SERVICES ADMIN DIV. 770,100.00 23,350.00 74,202.78 791,988.84 18,771.19 ( 17,310.03) 102.1
MIDTOWN MALL 410.00 13,490.00 306.11 4,558.83 - 9,341.17 32.7
GENERAL FUND DEBT SERVICE 2,621,130.00 - - 2,617,646.92 - 3,483.08 99.8______________ ______________ ______________ ______________ ______________ ______________ _____
Total - General Government 108,118,180.00 27,524,500.00 11,211,196.76 114,021,548.34 6,104,877.25 15,516,254.41 88.5
============== ============== ============== ============== ============== ============== =====
EXR58 10:06:43 8/02/23
GENERAL FUND TEN YEAR PLAN
Updated August 2023
Amended Amended
21-22 22-23 2023-24 2024-25 2025-26 2026-27
Beginning Cash Balance 19,300 23,000 21,031 19,743 19,552 17,911
Revenues 103,021 94,104 96,713 99,595 102,578 105,640
Net Transfers 2,917 6,332 3,668 3,936 4,020 4,140
Total Revenues 105,938 100,437 100,381 103,531 106,598 109,780
Personnel Costs (65,161) (71,549) (73,273) (74,813) (77,646) (79,092)
Operating Costs (21,438) (21,527) (21,396) (22,038) (22,699) (23,380)
Capital Outlay (22,279) (8,543) (6,415) (6,507) (7,647) (8,932)
Debt Service (2,630) (2,613) (2,118) (1,957) (1,965) (1,318)
Savings 2,023 1,826 1,533 1,594 1,720 1,787
Net Expenditures (109,484) (102,406) (101,669) (103,722) (108,238) (110,935)
Ending Cash Balance 15,754 21,031 19,743 19,552 17,911 16,757
Projections toward Council Objectives
Ending Cash as Percentage of
Expenditures 14.4% 20.5% 19.4% 18.9% 16.5% 15.1%
Projected Personnel Percentage 58.4% 68.6% 71.0% 71.0% 70.6% 70.2%
Fiscal Year
City of Redding
General Fund Ten Year Plan (in thousands)
Fiscal Year Ending 2022 & 2023
2027-28 2028-29 2029-30 2030-31 2031-32
Projected Cash Balance 16,757 11,801 11,618 11,944 12,294
Projected Revenues 108,802 112,026 115,400 118,884 122,477
Projected Net Transfers 4,264 4,392 4,524 4,660 4,800
Total Projected Revenues 113,067 116,418 119,924 123,544 127,277
Projected Personnel Costs (83,862) (83,760) (85,988) (88,549) (90,786)
Projected Operating Costs (27,582) (26,004) (26,598) (27,465) (28,804)
Projected Operating Costs (7,200) (7,416) (7,638) (7,867) (8,103)
Projected Debt Service (1,314) (1,313) (1,310) (1,309) (1,311)
Projected Savings 1,935 1,892 1,938 1,996 2,073
Net Projected Expenditures (118,023) (116,602) (119,597) (123,194) (126,932)
Projected Ending Cash 11,801 11,618 11,944 12,294 12,640
Projections toward Council Objectives
Ending Cash as Percentage of
Expenditures 10.0% 10.0% 10.0% 10.0% 10.0%
Projected Personnel Percentage 69.9% 70.7% 70.8% 70.7% 70.4%
Fiscal Year
City of Redding
General Fund Ten Year Plan (in thousands)
Fiscal Year Ending 2022 & 2023
Amended Amended
2021-22 2022-23 2023-24 2024-25 2025-26 2026-27
Safety UAL Payments 10,054 10,137 10,001 9,851
Misc UAL Payments 3,873 3,869 3,389 3,314
PARS UAL Payments 2,535 1,453 172 172
Police
Personnel 30,243 34,120 26,742 28,261 29,977 30,756
Operating 6,201 6,223 6,764 6,967 7,176 7,391
Capital Outlay/Project 3,420 68 70 72 74 77
Subtotal 39,864 40,411 33,576 35,300 37,227 38,223
Fire
Personnel 19,249 20,093 16,844 17,289 19,996 20,515
Operating 4,307 4,561 4,294 4,422 4,555 4,692
Capital Outlay/Project 515 250 258 265 1,218 2,310
Subtotal 24,070 24,904 21,395 21,976 25,769 27,516
Transportation & Engineering
Personnel 2,541 2,842 1,485 1,615 1,632 1,669
Operating 3,367 3,444 3,433 3,536 3,642 3,752
Capital Outlay/Project 5,723 7,028 4,504 4,639 4,778 4,922
Subtotal 11,631 13,315 9,422 9,790 10,053 10,343
Parks & Recreation
Personnel 4,005 4,428 3,955 4,114 4,223 4,339
Operating 2,552 2,626 2,577 2,655 2,734 2,816
Capital Outlay/Project 5,765 224 230 237 244 252
Subtotal 12,322 7,278 6,763 7,006 7,202 7,407
Development Services
Personnel 4,484 4,958 3,851 3,996 4,088 4,197
Operating 1,473 1,055 1,027 1,058 1,089 1,122
Capital Outlay/Project 758 300 309 318 328 338
Subtotal 6,716 6,313 5,187 5,372 5,505 5,656
General Government & Other
Personnel 4,638 5,107 3,936 4,079 4,170 4,279
Operating 3,538 3,618 3,301 3,401 3,503 3,608
Capital Outlay/Project 6,098 674 1,044 975 1,004 1,034
Debt Service 2,630 2,613 2,118 1,957 1,965 1,318
Subtotal 16,904 12,011 10,399 10,412 10,641 10,239
Add Back Personnel - - - - - -
Add Back O&M - - - - - -
Projected Savings (2,023) (1,826) (1,533) (1,594) (1,720) (1,787)
Total Expenditures 109,484 102,406 101,669 103,722 108,238 110,935
Expenditure Assumptions
Personnel - Wages Budget Budget 2.75% 2.75% 2.75% 2.75%
O&M & Capital Outlay Budget Budget 3.0% 3.0% 3.0% 3.0%
Debt Actual Actual Actual Actual Actual Actual
Assumed Expense Savings 0.020 2.0% 2.0% 2.0% 2.0% 2.0%
Fiscal Year Ending 2022 & 2023
Fiscal Year Ended
City of Redding
General Fund Ten Year Plan (in thousands)
Expenditures
2027-28 2028-29 2029-30 2030-31 2031-32
Safety UAL Payments 9,590 9,920 10,261 10,610 10,425
Misc UAL Payments 3,162 3,272 3,385 3,502 3,338
PARS UAL Payments 172 172 172 172 172
Police
Personnel 31,538 32,358 33,257 34,185 35,136
Operating 7,613 7,841 8,077 8,319 8,568
Capital Outlay/Project 79 81 84 86 89
Subtotal 39,230 40,280 41,418 42,590 43,794
Fire
Personnel 21,035 21,581 22,183 22,802 23,439
Operating 4,833 4,978 5,127 5,281 5,439
Capital Outlay/Project 379 390 402 414 427
Subtotal 26,247 26,949 27,712 28,497 29,304
Transportation & Engineering
Personnel 1,707 1,746 1,792 1,846 1,896
Operating 3,864 3,980 4,099 4,222 4,349
Capital Outlay/Project 5,069 5,221 5,378 5,539 5,706
Subtotal 10,640 10,947 11,270 11,607 11,951
Parks & Recreation
Personnel 4,460 4,583 4,714 4,850 4,989
Operating 2,901 2,988 3,078 3,170 3,265
Capital Outlay/Project 259 267 275 283 292
Subtotal 7,620 7,838 8,067 8,303 8,546
Development Services
Personnel 4,308 4,423 4,545 4,673 4,802
Operating 1,156 1,190 1,226 1,263 1,301
Capital Outlay/Project 348 358 369 380 391
Subtotal 5,812 5,971 6,140 6,315 6,494
General Government & Other
Personnel 4,391 4,505 4,629 4,760 4,891
Operating 3,716 3,827 3,942 4,060 4,182
Capital Outlay/Project 1,065 1,097 1,130 1,164 1,199
Debt Service 1,314 1,313 1,310 1,309 1,311
Subtotal 10,486 10,743 11,011 11,293 11,583
Add Back Personnel 3,500 1,200 1,050 1,150 1,700
Add Back O&M 3,500 1,200 1,050 1,150 1,700
Projected Savings (1,935) (1,892) (1,938) (1,996) (2,073)
Total Expenditures 118,023 116,602 119,597 123,194 126,932
Expenditure Assumptions
Personnel - Wages 2.75% 2.75% 2.75% 2.75% 2.75%
O&M & Capital Outlay 3.0% 3.0% 3.0% 3.0% 3.0%
Debt Actual Actual Actual Actual Actual
Assumed Expense Savings 2.0% 2.0% 2.0% 2.0% 2.0%
Fiscal Year Ending 2022 & 2023
Fiscal Year Ended
City of Redding
General Fund Ten Year Plan (in thousands)
Expenditures
Amended Amended
2021-22 2022-23 2023-24 2024-25 2025-26 2026-27
Sales Tax 31,983 33,207 34,037 34,888 35,760 36,654
Property Tax 23,961 25,339 26,099 26,882 27,689 28,519
TOT 7,241 7,530 7,831 8,144 8,470 8,808
Cannabis Tax 1,888 1,888 1,964 2,042 2,124 2,209
Other Taxes 2,474 2,500 2,600 2,704 2,812 2,924
Licenses & Permits 2,214 2,414 2,510 2,611 2,715 2,824
Fines & Penalties 545 545 566 589 612 637
Other Government 14,436 1,052 1,083 1,116 1,149 1,184
Redding Rancheria 120 122 126 129 133 137
Internal Departments 11,970 12,935 13,323 13,723 14,135 14,559
Service Charges 3,026 3,166 3,293 3,425 3,562 3,704
Other Revenue 2,463 2,704 2,486 2,560 2,637 2,716
Use of Money & Property 583 585 585 585 585 585
Interest 118 118 210 197 196 179
Subtotal 103,021 94,104 96,713 99,595 102,578 105,640
Transfers In:
Gas Taxes 7,705 10,317 7,971 8,210 8,457 8,710
Debt Service 34 34 34 34 - -
Other Transfers In 317 316 326 335 345 356
Total Transfers In 8,056 10,667 8,331 8,579 8,802 9,066
Transfers Out:
CVB & Convention Center (1,032) (1,080) (1,113) (1,146) (1,180) (1,216)
Parking - - - - - -
Library (934) (962) (991) (1,021) (1,052) (1,083)
Rolling Stock (1,761) (1,530) (1,526) (1,472) (1,516) (1,562)
Other Equipment (336) (111) (115) (118) (122) (125)
Internal Advances - - (898) (886) (913) (940)
Other Transfers Out (1,075) (650) (20) (1) (0) (0)
Total Transfers Out (5,139) (4,334) (4,662) (4,644) (4,782) (4,926)
Net Transfers 2,917 6,332 3,668 3,936 4,020 4,140
Total Revenues 105,938 100,437 100,381 103,531 106,598 109,780
Revenue Assumptions
Sales Tax 4.5% 3.0% 2.5% 2.5% 2.5% 2.5%
Property Tax 5.0% 6.0% 3.0% 3.0% 3.0% 3.0%
Fee Revenues Projected Projected 3.0% 3.0% 3.0% 3.0%
Other Government Projected Projected 3.0% 3.0% 3.0% 3.0%
Other Revenue Projected Projected 3.0% 3.0% 3.0% 3.0%
Internal Departments Projected Projected 3.0% 3.0% 3.0% 3.0%
All Revenues (Not specific) Projected Projected 4.0% 4.0% 4.0% 4.0%
Interest (Percent of Cash) 2.0% 2.0% 1.0% 1.0% 1.0% 1.0%
Fiscal Year Ended
Revenues
City of Redding
General Fund Ten Year Plan (in thousands)
Fiscal Year Ending 2022 & 2023
2027-28 2028-29 2029-30 2030-31 2031-32
Sales Tax 37,570 38,510 39,472 40,459 41,471
Property Tax 29,375 30,256 31,164 32,099 33,062
TOT 9,161 9,527 9,908 10,305 10,717
Cannabis Tax 2,297 2,389 2,485 2,584 2,687
Other Taxes 3,041 3,163 3,289 3,421 3,558
Licenses & Permits 2,936 3,054 3,176 3,303 3,435
Fines & Penalties 662 689 717 745 775
Other Government 1,219 1,256 1,294 1,333 1,373
Redding Rancheria 141 146 150 154 159
Internal Departments 14,995 15,445 15,909 16,386 16,877
Service Charges 3,853 4,007 4,167 4,334 4,507
Other Revenue 2,798 2,881 2,968 3,057 3,149
Use of Money & Property 585 585 585 585 585
Interest 168 118 116 119 123
Subtotal 108,802 112,026 115,400 118,884 122,477
Transfers In:
Gas Taxes 8,972 9,241 9,518 9,804 10,098
Debt Service - - - - -
Other Transfers In 366 377 389 400 412
Total Transfers In 9,338 9,618 9,907 10,204 10,510
Transfers Out:
CVB & Convention Center (1,252) (1,290) (1,328) (1,368) (1,409)
Parking - - - - -
Library (1,116) (1,149) (1,184) (1,219) (1,256)
Rolling Stock (1,608) (1,657) (1,706) (1,758) (1,810)
Other Equipment (129) (133) (137) (141) (145)
Internal Advances (968) (997) (1,027) (1,058) (1,090)
Other Transfers Out (0) (0) (0) (0) (0)
Total Transfers Out (5,074) (5,226) (5,383) (5,544) (5,710)
Net Transfers 4,264 4,392 4,524 4,660 4,800
Total Revenues 113,067 116,418 119,924 123,544 127,277
Revenue Assumptions
Sales Tax 2.5% 2.5% 2.5% 2.5% 2.5%
Property Tax 3.0% 3.0% 3.0% 3.0% 3.0%
Fee Revenues 3.0% 3.0% 3.0% 3.0% 3.0%
Other Government 3.0% 3.0% 3.0% 3.0% 3.0%
Other Revenue 3.0% 3.0% 3.0% 3.0% 3.0%
Internal Departments 3.0% 3.0% 3.0% 3.0% 3.0%
All Revenues (Not specific) 4.0% 4.0% 4.0% 4.0% 4.0%
Interest (Percent of Cash) 1.0% 1.0% 1.0% 1.0% 1.0%
Fiscal Year Ended
City of Redding
General Fund Ten Year Plan (in thousands)
Revenues
Fiscal Year Ending 2022 & 2023
Fiscal Year 2022*w23 Budget to Actuat
$160,000,000
wilam
mmm
ME=
ROMMIM
92mm
$40,000,000
Revenue% Expenses
* Budget
* Actual
Emu=
moo=
EMEM
m
Sales tax Property tax Transient Occupancy Tax Cannabis
Police Fire Public Works Development Services Community Services General Goven-unent
Polike
j$111,740 - Vehicte Fuel Costs
e F, �860 - Professional Services
outside legal costs
j,- Retirement
6591160
Cilty Councilt,
0 $25530 - Personnel Costs
1 t Travel Costs
0 $5,54G"Renegotiated KED Contracl
. iiiiiiij
.............
Cifty Manager
f` 7 increases
Fimance
[.:$ 1 y increases
Personnel
3 increases
Airports Budget Request & A
Redding Regional Airport
$11490 - Terminal Loop Project
$51560 - ARPA Funding
$21,7410 - Runway 16-34, 12-30 Taxiway Design
Ask
Etectric Utility
Purchased
$49)620 Devices
Wastewater Utlitlity
.2 s
Various Internal Service Fund
Budget Requests
ma
Reprographics - $59,300
-sRecordsJ
Risk
Emptoyer
Volunteer, 3M3
Fteet
Vehicle Repairs& MaintenanceIt c ate for alt
Departments