Agenda Packet 12-9-19 Meeting - Laserfiche WebLink

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December 9, 2019, Meeting – Item 4 Funds to Appropriate Amount FY20 Reconciled Encumbrances (actual contracts carried over from FY19) $1,679,004 Reappropriations (including Community Safety Initiative) 9,923,705 One-time Funding Requests 2,329,945 Transfer – Community Safety Fund (Loan) 3,000,000 Transfer - General Capital Projects Fund (General Capital) 900,000 Transfer - Construction and Rental Housing Fund (Affordable Housing Trust) 500,000 Total use of funds $18,332,654 The reserve for encumbrance represents a reserve for prior fiscal year encumbrances (contracts that were in effect but not completed as of June 30). Prior fiscal year encumbrances were budgeted at $4.2 million but only $1.7 million was actually needed, leaving $2.5 million available for appropriation. Reappropriations are funds that were earmarked for a specific purpose last year, but the efforts were not completed, and the funds are carried over to finish the work. The recommendations for reappropriations and one-time spending of $12,253,650 are included in the chart below and grouped by the initiatives they support. As can be seen, the bulk of the funding requests relate to community safety which includes Community Safety Initiative reappropriation. Reappropriations and One-Time Funding Requests Amount Climate Recovery $342,539 Community Safety 7,978,641 Housing, Jobs and Infrastructure 1,341,590 Engagement 1,167,865 Homelessness 1,423,015 Total use of funds by category $12,253,650 These appropriation requests offer the opportunity to continue to make progress on program offerings and strategic initiatives through targeted one-time investments. Many of the one-time funding requests in the General Fund are put forward under the strategies utilized over the past several years, allowing pilot programs and previous initiatives to continue as their effectiveness is evaluated, without obligating ongoing funding. This is a way to address important community goals in a deliberate manner without making long-term funding commitments that could lead to greater fiscal pressures in the years ahead. Climate Recovery: This supplemental budget includes $342,539 of appropriations for the continuation of Climate Recovery Ordinance planning and implementation. Funding allocated for the CAP2.0 will be expended by December 2019. This request captures the costs to continue the work coming out of that process through June 2020, including funding for the CRO Analyst that supports this work and related program costs. Climate Recovery Amount Reappropriation CRO Planning and Implementation $202,539 One-time Funding CRO Planning and Implementation 140,000 Total Climate Recovery $342,539 CC Agenda - Page 289