2023 06 07 FAC Special MeetingQaiWr(V
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GEM of the DESERT —
NOTICE AND CALL OF SPECIAL MEETING
OF THE LA QUINTA FINANCIAL ADVISORY COMMISSION
TO THE MEMBERS OF THE LA QUINTA FINANCIAL ADVISORY COMMISSION AND
TO THE COMMISSION SECRETARY:
NOTICE IS HEREBY GIVEN that a Special Meeting of the La Quinta Financial
Advisory Commission is hereby called to be held on Wednesday, June 7, 2023, starting
at 4:00 p.m.; at La Quinta City Hall located at 78495 Calle Tampico, La Quinta, CA 92253
for the following purpose:
CONSENT CALENDAR
1. APPROVE MEETING MINUTES DATED MAY 10, 2023
2. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED APRIL 30,
2023
BUSINESS SESSION
1. DISCUSS FISCAL YEAR 2023/24 PRELIMINARY PROPOSED BUDGET AND
APPROVE ALLOCATION OF MEASURE G SALES TAX REVENUE
DEPARTMENTAL REPORTS
1. FINANCE DEPARTMENT CURRENT AND FUTURE INITIATIVES
Dated: June 2, 2023
Attest:
Jessica Delgado, Management Assistant
/s/ W. Richard Mills
W. Richard Mills, Chairperson
DECLARATION OF POSTING
I, Jessica Delgado, Management Assistant, do hereby declare that the foregoing notice for
the La Quinta Financial Advisory Commission Special Meeting of June 7, 2023, was posted
on the outside entry to the Council Chamber at 78495 Calle Tampico, and on the bulletin
board at 51321 Avenida Bermudas on June 2, 2023
Dated: June 2, 2023
Jess'�ca Delgado, Management Assistant
FINANCIAL ADVISORY COMMISSION Page 1 of 1 JUNE 7, 2023
SPECIAL MEETING
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Financial Advisory Commission agendas and staff
reports are now available on the City's web page:
www.laguintaca.gov
SPECIAL MEETING
FINANCIAL ADVISORY COMMISSION
AGENDA
CITY HALL COUNCIL CHAMBER
78495 Calle Tampico, La Quinta
WEDNESDAY, JUNE 7, 2023, AT 4:00 P.M.
******************************
Members of the public may listen to this meeting by tuning -in live via
http://laguinta.12milesout.com/video/live.
CALL TO ORDER
Roll Call: Commissioners: Anderson, Batavick, Dorsey, Luettjohann, Mast, Way and
Chair Mills
PLEDGE OF ALLEGIANCE
PUBLIC COMMENTS — INSTRUCTIONS
Members of the public may address the Commission on any matter listed or not listed on
the agenda as follows:
WRITTEN PUBLIC COMMENTS can be provided either in -person during the meeting by
submitting 15 copies to the Commission Secretary, it is requested that this takes place
prior to the beginning of the meeting; or can be emailed in advance to
JDelgado LaQuintaCA.gov, no later than 12:00 p.m., on the day of the meeting. Written
public comments will be distributed to the Commission, made public, and will be
incorporated into the public record of the meeting, but will not be read during the meeting
unless, upon the request of the Chair, a brief summary of public comments is asked to be
reported.
FINANCIAL ADVISORY COMMISSION AGENDA Page 1 of 4 JUNE 7, 2023
SPECIAL MEETING
If written public comments are emailed, the email subject line must clearly state "Written
Comments" and should include: 1) full name, 2) city of residence, and 3) subject
matter.
VERBAL PUBLIC COMMENTS can be provided in -person during the meeting by
completing a "Request to Speak" form and submitting it to the Commission Secretary; it
is requested that this takes place prior to the beginning of the meeting. Please limit your
comments to three (3) minutes (or approximately 350 words). Members of the public shall
be called upon to speak by the Chair.
In accordance with City Council Resolution No. 2022-028, a one-time additional speaker
time donation of three (3) minutes per individual is permitted; please note that the member
of the public donating time must: 1) submit this in writing to the Commission Secretary by
completing a "Request to Speak" form noting the name of the person to whom time is
being donated to, and 2) be present at the time the speaker provides verbal comments.
Verbal public comments are defined as comments provided in the speakers' own voice
and may not include video or sound recordings of the speaker or of other individuals or
entities, unless permitted by the Chair.
Public speakers may elect to use printed presentation materials to aid their comments;
15 copies of such printed materials shall be provided to the Commission Secretary to be
disseminated to the Commission, made public, and incorporated into the public record of
the meeting; it is requested that the printed materials are provided prior to the beginning
of the meeting. There shall be no use of Chamber resources and technology to display
visual or audible presentations during public comments, unless permitted by the Chair.
All writings or documents, including but not limited to emails and attachments to emails,
submitted to the City regarding any item(s) listed or not listed on this agenda are public
records. All information in such writings and documents is subject to disclosure as being
in the public domain and subject to search and review by electronic means, including but
not limited to the City's Internet Web site and any other Internet Web -based platform or
other Web -based form of communication. All information in such writings and documents
similarly is subject to disclosure pursuant to the California Public Records Act
[Government Code § 7920.000 et seq].
TELECONFERENCE ACCESSIBILITY — INSTRUCTIONS
Teleconference accessibility may be triggered in accordance with AB 2449 (Stats. 2022,
Ch. 285), codified in the Brown Act [Government Code § 54953], if a member of the
Commission requests to attend and participate in this meeting remotely due to `just
cause" or "emergency circumstances, " as defined, and only if the request is approved. In
such instances, remote public accessibility and participation will be facilitated via Zoom
Webinar as detailed at the end of this Agenda.
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA
At this time, members of the public may address the Commission on any matter not listed
on the agenda pursuant to the "Public Comments — Instructions" listed above. The
FINANCIAL ADVISORY COMMISSION AGENDA Page 2 of 4 JUNE 7, 2023
SPECIAL MEETING
Commission values your comments; however, in accordance with State law, no action
shall be taken on any item not appearing on the agenda unless it is an emergency item
authorized by the Brown Act [Government Code § 54954.2(b)].
CONFIRMATION OF AGENDA
ANNOUNCEMENTS, PRESENTATIONS AND WRITTEN COMMUNICATIONS — None
CONSENT CALENDAR
NOTE: Consent Calendar items are routine in nature and can be approved by one motion.
1. APPROVE MEETING MINUTES DATED MAY 10, 2023
2. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED APRIL
30, 2023
BUSINESS SESSION
1. DISCUSS FISCAL YEAR 2023/24 PRELIMINARY PROPOSED BUDGET AND
APPROVE ALLOCATION OF MEASURE G SALES TAX REVENUE
STUDY SESSION — None
DEPARTMENTAL REPORTS
1. FINANCE DEPARTMENT CURRENT AND FUTURE INITIATIVES
COMMISSIONERS' ITEMS
ADJOURNMENT
The La Quinta Financial Advisory Commission's next regular quarterly meeting is on
August 9, 2023, commencing at 4:00 p.m. at the La Quinta City Hall Council Chamber,
78495 Calle Tampico, La Quinta, CA 92253.
DECLARATION OF POSTING
I, Jessica Delgado, Secretary of the Financial Advisory Commission of the City of La
Quinta, do hereby declare that the foregoing Agenda for the Commission special meeting
of June 7, 2023, was posted on the City's website, near the entrance to the Council
Chamber at 78495 Calle Tampico and the bulletin board at 51321 Avenida Bermudas, on
June 2, 2023.
DATED: June 2, 2023
Jessica Delgado, Commission Secretary
City of La Quinta, California
FINANCIAL ADVISORY COMMISSION AGENDA Page 3 of 4 JUNE 7, 2023
SPECIAL MEETING
Public Notices
• Agenda packet materials are available for public inspection: 1) at the Clerk's Office at
La Quinta City Hall, located at 78495 Calle Tampico, La Quinta, California 92253; and
2) on the City's website at https://www.laguintaca.gov/our-city/city-
government/boards-and-commissions/financial-advisory-commission, in accordance
with the Brown Act [Government Code § 54957.5; AB 2647 (Stats. 2022, Ch. 971)].
The La Quinta City Council Chamber is handicapped accessible. If special equipment
is needed for the hearing impaired, please contact Commission Secretary at (760)
777-7150, 24-hours in advance of the meeting and accommodations will be made.
If background material is to be presented to the Commission during a Commission
meeting, please be advised that 15 copies of all documents, exhibits, etc., must be
supplied to the Commission Secretary for distribution. It is requested that this takes
place prior to the beginning of the meeting.
*** TELECONFERENCE PROCEDURES — PURSUANT TO AB 2449***
APPLICABLE ONLY WHEN TELECONFERENCE ACCESSIBILITY IS IN
EFFECT
Verbal public comments via Teleconference — members of the public may attend
and participate in this meeting by teleconference via Zoom and use the "raise your
hand" feature when public comments are prompted by the Chair; the City will facilitate the
ability for a member of the public to be audible to the Commission and general public and
allow him/her/they to speak on the item(s) requested. Please note — members of the
public must unmute themselves when prompted upon being recognized by the
Chair, in order to become audible to the Commission and the public.
Only one person at a time may speak by teleconference and only after being recognized
by the Chair.
ZOOM LINK: https://us06web.zoom.us/m/82853067939
Meeting ID: 898 3998 4651
Or join by phone: (253) 215 — 8782
Written public comments — can be provided in person during the meeting or emailed to
JDelgado(a)-LaQuintaCA.gov any time prior to the adjournment of the meeting, and will be
distributed to the Commission, made public, incorporated into the public record of the
meeting, and will not be read during the meeting unless, upon the request of the Chair, a
brief summary of any public comment is asked to be read, to the extent the Committee
can accommodate such request.
FINANCIAL ADVISORY COMMISSION AGENDA Page 4 of 4 JUNE 7, 2023
SPECIAL MEETING
CONSENT CALENDAR ITEM NO. 1
FINANCIAL ADVISORY COMMISSION
MINUTES
WEDNESDAY, MAY 10, 2023
CALL TO ORDER
A regular meeting of the La Quinta Financial Advisory Commission (Commission) was
called to order at 4:00 p.m. by Chair Mills.
PRESENT: Commissioners Batavick, Luettjohann, Mast, Way, and Chair Mills
ABSENT: Commissioners Anderson and Dorsey
STAFF PRESENT: Finance Director Martinez, Financial Services Analyst Hallick,
Account Technician Batuta, Management Assistant Delgado, City Attorney Bill Ihrke, and
City Manager McMillen
PLEDGE OF ALLEGIANCE
Commissioner Luettjohann led the audience in the Pledge of Allegiance.
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA — None
CONFIRMATION OF AGENDA — Confirmed
ANNOUNCEMENTS, PRESENTATIONS, AND WRITTEN COMMUNICATIONS — None
CONSENT CALENDAR ITEMS
1. APPROVE SPECIAL MEETING MINUTES DATED APRIL 5, 2023
2. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED
FEBRUARY 28, 2023
3. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED MARCH
31, 2023
4. RECEIVE AND FILE THIRD QUARTER FISCAL YEAR 2023/23 TREASURY
REPORTS FOR JANUARY, FEBRUARY, AND MARCH 2O23
The Commission and staff went over the Treasury rates and portfolio returns as listed in
Handout No. 1 provided to the staff report for Consent Calendar Item No. 4.
Motion — A motion was made and seconded by Commissioners Batavick/Way to approve
the Consent Calendar as submitted. Motion passed: ayes — 5, noes — 0,
abstain — 0, absent — 2 (Anderson and Dorsey).
FINANCIAL ADVISORY COMMISSION MINUTES Page 1 of 4 MAY 10, 2023
BUSINESS SESSION
APPROVE THE FISCAL YEAR 2023/24 MEETING DATES
Finance Director Martinez presented the staff report, which is on file in the Finance
Department.
Motion — A motion was made and seconded by Commissioners Way/Mast to approve the
fiscal year 2023/24 meeting dates. Motion passed: ayes — 5, noes — 0, abstain — 0, absent
— 2 (Anderson and Dorsey).
2. APPROVE THE FISCAL YEAR 2023124 INVESTMENT POLICY (Policy)
Financial Services Analyst Hallick presented the staff report, which is on file in the Finance
Department.
The Commission and staff discussed edits to Appendix D — approved financial institutions
and Bank of the West merger with BMO Commercial Bank and guidelines for
recertification of the Policy with the California Municipal Treasurers Association (CMTA).
Motion — A motion was made and seconded by Commissioners Batavick/Mast to receive
and file fiscal year 2021/22 General Fund year-end budget report. Motion passed: ayes
— 5, noes — 0, abstain — 0, absent — 2 (Anderson and Dorsey).
STUDY SESSION
DISCUSS FISCAL YEAR 2023/24 PRELIMINARY PROPOSED BUDGET
Finance Director Martinez presented the staff report, which is on file in the Finance
Department.
The Commission and staff discussed general fund revenues; general fund variances for
maintenance and upgrades to parks; internal service fund expenses; and Measure G
reserves allocations.
Further discussion followed on Measure G funding appropriations for the following
projects: Avenue 48 Art and Music Line, Washington Street Connector to Art and Music
Line, Highway 111 Corridor (Corridor), and Highway 111 Event Site.
The Commission expressed a safety and security concern for the Washington Street
Connector for the Avenue 48 Art and Music Line project; reached a unanimous consensus
(five members present) to recommend to Council to reconsider the proposed funding of
the Avenue 48 Art and Music Line and Washington Street Connector projects, and to
convey this recommendation to the Council via a letter in time for Council's consideration
of the fiscal year 2023/24 preliminary proposed budget at the May 16, 2023, regular
meeting. Staff said the Commission's recommendation to oppose funding the two projects
FINANCIAL ADVISORY COMMISSION MINUTES Page 2 of 4 MAY 10, 2023
would be notated in the meeting minutes, and that Council reviews the meeting minutes
for all City Boards and Commission as they are included in Council meeting agenda
packets.
City Manager McMillen shared facts and historical information from the Coachella Valley
Association of Government (CVAG) past presentations to Council for the Avenue 48 Art
and Music Line project; purpose of this project; and mentioned CVAG Executive Director
Tom Kirk would be presenting the progress of this project at the next Council meeting on
Tuesday, May 16, 2023.
The Commission and staff discussed possible undergrounding of utilities infrastructure
project and the Measure G funding allocation for the Corridor project, its progress, and
upcoming presentation updates. The Commission requested that they be provided with
quarterly updates of actual expenditures related to the Corridor project; staff confirmed.
The Commission and staff discussed general fund expense details for the City Manger's
and the City Attorney's Offices.
Commissioner Way provided an update on the fiscal year 2023/24 general fund operating
budget subcommittee (Subcommittee) progress and said the Subcommittee's next
meeting will be on Thursday, May 11, 2023, at 2:30 p.m.
DEPARTMENTAL REPORTS — All reports are on file in the Finance Department.
1. FINANCE DEPARTMENT CURRENT AND FUTURE INITIATIVES
Finance Director Martinez presented the staff report, which is on file in the Finance
Department.
Chair Mills suggested a subcommittee to review Measure G reserves be formed. Finance
Director Martinez said staff would incorporate a review of Measure G reserves with the
subcommittee appointed to audit and formulate the annual Measure G sales tax oversight
compliance report.
2. FOURTH QUARTER 2022 (OCTOBER-DECEMBER) SALES TAX UPDATE
FOR THE CITY OF LA QUINTA
Financial Services Analyst Hallick presented the staff report, which is on file in the Finance
Department.
The Commission and staff discussed Measure G sales tax receipts and what drives the
amount to be higher than sales tax.
FINANCIAL ADVISORY COMMISSION MINUTES Page 3 of 4 MAY 10, 2023
COMMISSIONERS' ITEMS
Commissioner Luettjohann announced that he would be leaving the Commission
sometime in late Summer or early Fall due to a career promotion requiring him to move
out of state; the Commission and staff congratulated Commissioner Luettjohann.
ADJOURNMENT
There being no further business, it was moved by Commissioner Mast/Batavick to adjourn
this meeting at 6:03 p.m. Motion passed: ayes — 5, noes — 0, abstain — 0,
absent — 2 (Anderson and Dorsey).
Respectfully submitted,
Jessica Delgado, Management Assistant
City of La Quinta, California
FINANCIAL ADVISORY COMMISSION MINUTES Page 4 of 4 MAY 10, 2023
City of La Quinta
CONSENT CALENDAR ITEM NO. 2
FINANCIAL ADVISORY COMMISSION MEETING: June 7, 2023
STAFF REPORT
AGENDA TITLE: RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT
DATED APRIL 30, 2023
RECOMMENDATION
Receive and file revenue and expenditure report dated April 30, 2023.
EXECUTIVE SUMMARY
• The report summarizes the City's year-to-date (YTD) revenues and period
expenditures for April 2023 (Attachment 1).
• These reports are also reviewed by the City Council.
FISCAL IMPACT — None
BACKGROUND/ANALYSIS
Below is a summary of the column headers used on the Revenue and Expenditure
Summary Reports:
Original Total Budget — represents revenue and expenditure budgets the Council
adopted in June 2022 for fiscal year 2022/23.
Current Total Budget — represents original adopted budgets plus any Council
approved budget amendments from throughout the year, including carryovers from
the prior fiscal year.
Period Activitv — represents actual revenues received and expenditures outlaid in
the reporting month.
Fiscal Activitv — represents actual revenues received and expenditures outlaid
YTD.
Variance Favorable/(Unfavorable) - represents the dollar difference between YTD
collections/expenditures and the current budgeted amount.
Percent Used — represents the percentage activity as compared to budget YTD.
April
2023 Revenues
Comparison to LY
YTD Percent of
YTD Percent of
MTD
YTD
Budget
YTD
Budget
General Fund (GF)
$6,790,438
$53,429,653
68.03%
$51,183,646
78.27%
All Funds
$8,384,040
$90,660,307
47.83%
$82,355,366
55.02%
April 2023 Expenditures
Comparison to LY
YTD Percent of
YTD Percent of
MTD
YTD
Budget
YTD
Budget
General Fund
$2,698,266
$44,193,213
38.85%
$33,735,354
46.41%
Payroll (GF)
$717,599
$20,358,992
84.83%
$10,588,629
78.61 %
All Funds
$4,341,448
$91,513,204
38.77%
$75,961,517
44.12%
Top Five Revenue/Income Sources for ADril
General Fund
Non -General Fund
Transient Occupancy (Hotel) Tax
$
2,319,084
Allocated Interest
$
417,954
Measure G Sales Tax
$
1,429,458
SilverRock Green Fees
$
397,991
Sales Tax
$
1,234,646
County Sales Tax (Measure A)
$
138,058
Property Tax
$
644,057
Gas Tax Fund
$
137,358
SoCal Gas Franchise Fees
$
246,641
1 Developer Impact Fees- Transportation
$
93,373
ToD Five ExDenditures/Outlays forADril
General Fund
Non -General Fund
Sheriff Contract (January/February)
$
1,225,264
SilverRock Maintenance
$
237,407
Parks Landscape Maintenance
$
121,608
Housing Authority Rental Expenses
$
226,445
Visit Greater Palm Springs
$
80,790
Capital Improvement Program - Construction(l)
$
216,433
Fritz Burns Pool Programming
$
71,347
Lighting & Landscape Maintenance
$
81,236
Animal Shelter Contract Service
$
53,359
Museum Operations
$
66,300
(a)CIP Construction: Blackhawk Way crossing; misc. traffic/pedestrian safety improvements and maintenance
The revenue report includes revenues and transfers into funds from other funds (income
items). Revenues are not received uniformly throughout the year, resulting in peaks and
valleys. For example, large property tax payments are usually received in December and
May. Similarly, Redevelopment Property Tax Trust Fund payments are typically received
in January and June. Any timing imbalance of revenue receipts versus expenditures is
funded from the City's cash flow reserve.
The expenditure report includes expenditures and transfers out to other funds. Unlike
revenues, expenditures are more likely to be consistent from month to month. However,
large debt service payments or CIP expenditures can cause swings.
Prepared by: Rosemary Hallick, Financial Services Analyst
Approved by: Claudia Martinez, Finance Director
Attachment 1: Revenue and Expenditure Report for April 30, 2023
ta Qantra
CALIFORNIA
Fund
101-GENERAL FUND
105 - DISASTER RECOVERY FUND
201- GAS TAX FUND
202 - LIBRARY & MUSEUM FUND
203 - PUBLIC SAFETY FUND (MEAS
210 - FEDERAL ASSISTANCE FUND
212 - SLESA (COPS) FUND
215 - LIGHTING & LANDSCAPING F
220 - QUIMBY FUND
221- AB 939 - CALRECYCLE FUND
223 - MEASURE A FUND
225 - INFRASTRUCTURE FUND
226 - EMERGENCY MANAGEMENT
227 - STATE HOMELAND SECURIT)
230 - CASp FUND, AB 1379
231- SUCCESSOR AGCY PA 1 RORF
235 - SO COAST AIR QUALITY FUN
237 - SUCCESSOR AGCY PA 1 ADM
241- HOUSING AUTHORITY
243 - RDA LOW -MOD HOUSING FL
244 - HOUSING GRANTS (Multiple,
247 - ECONOMIC DEVELOPMENT 1
249 - SA 2011 LOW/MOD BOND FI
250 - TRANSPORTATION DIF FUNC
251- PARKS & REC DIF FUND
252 - CIVIC CENTER DIF FUND
253 - LIBRARY DEVELOPMENT DIF
254 - COMMUNITY & CULTURAL C
255 - STREET FACILITY DIF FUND
256 - PARK FACILITY DIF FUND
257 - FIRE PROTECTION DIF
259 - MAINTENANCE FACILITIES D
270 - ART IN PUBLIC PLACES FUNC
275 - LQ PUBLIC SAFETY OFFICER
299 - INTEREST ALLOCATION FUN[
310 - LQ FINANCE AUTHORITY DEE
401- CAPITAL IMPROVEMENT PR(
405 - SA PA 1 CAPITAL IMPRV FUN
501- FACILITY & FLEET REPLACEM
502 - INFORMATION TECHNOLOG'
503 - PARK EQUIP & FACILITY FUN
504 - INSURANCE FUND
601- SILVERROCK RESORT
602 - SILVERROCK GOLF RESERVE
760 -SUPPLEMENTAL PENSION PL
761- CERBT OPEB TRUST
762 - PARS PENSION TRUST
Report Total:
ATTACHMENT 1
For Fiscal: 2022/23 Period Ending: 04/30/2023
Revenue Summary
Variance
Original
Current
Period
Fiscal
Favorable
Percent
Total Budget
Total Budget
Activity
Activity
(Unfavorable)
Used
68,321,100
78,544,100
6,790,438
53,429,653
-25,114,447
68.03%
5,003,505
5,003,505
0
4,990,403
-13,102
99.74%
2,691,011
2,691,011
137,358
1,893,985
-797,026
70.38%
2,867,000
2,867,000
145
1,055,916
-1,811,084
36.83%
2,000
2,000
0
-157
-2,157
7.83%
156,000
156,000
0
180,043
24,043
115.41%
101,000
101,000
8,333
123,365
22,365
122.14%
2,483,300
2,483,300
0
2,056,386
-426,914
82.81%
25,000
25,000
0
0
-25,000
0.00%
64,000
64,000
19,120
61,791
-2,209
96.55%
1,875,000
1,875,000
138,058
1,324,173
-550,827
70.62%
0
0
0
-12
-12
0.00%
12,100
12,100
0
0
-12,100
0.00%
5,000
5,000
0
4,896
-104
97.92%
20,200
20,200
1,408
16,212
-3,988
80.26%
0
0
5
5,145,821
5,145,821
0.00%
54,400
54,400
0
76,178
21,778
140.03%
0
0
0
-116
-116
0.00%
1,451,500
1,451,500
93,028
1,127,534
-323,966
77.68%
20,000
20,000
0
-2,155
-22,155
10.77%
0
0
0
160,000
160,000
0.00%
15,000
15,000
10,817
62,343
47,343
415.62%
25,000
1,412,009
0
31,734
-1,380,275
2.25%
1,020,000
1,020,000
93,373
950,495
-69,505
93.19%
501,000
501,000
50,573
492,346
-8,654
98.27%
301,000
301,000
28,578
289,238
-11,762
96.09%
75,000
75,000
9,131
92,544
17,544
123.39%
152,000
152,000
22,814
219,143
67,143
144.17%
10,000
10,000
0
472
-9,528
4.72%
0
0
0
-4
-4
0.00%
101,000
101,000
8,487
87,515
-13,485
86.65%
75,500
75,500
7,355
72,834
-2,666
96.47%
153,000
153,000
2,300
100,808
-52,192
65.89%
2,200
2,200
0
1,968
-232
89.46%
0
0
417,954
3,361,285
3,361,285
0.00%
1,100
1,100
0
0
-1,100
0.00%
13,136,811
79,240,072
50,000
3,956,426
-75,283,646
4.99%
1,000
1,000
0
-4
-1,004
0.38%
1,685,000
1,685,000
0
1,411,520
-273,480
83.77%
2,256,708
2,256,708
2,434
1,696,096
-560,612
75.16%
470,000
1,103,000
0
335,115
-767,885
30.38%
1,020,400
1,020,400
0
764,727
-255,673
74.94%
4,865,453
4,865,453
457,081
4,778,229
-87,224
98.21%
79,000
79,000
0
74,656
-4,344
94.50%
5,500
5,500
0
4,946
-554
89.93%
10,000
10,000
0
37,320
27,320
373.20%
100,000
100,000
35,249
194,636
94,636
194.64%
111,213,788
189,560,058
8,384,040
90,660,307
-98,899,752
47.83%
Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report, published annually, is the best resource for all final audited
Page 1 of 3
For Fiscal: 2022/23 Period Ending: 04/30/2023
Expenditure Summary
Variance
Original
Current
Period
Fiscal
Favorable
Percent
Fund
Total Budget
Total Budget
Activity
Activity
(Unfavorable)
Used
101- GENERAL FUND
64,651,274
113,759,460
2,698,266
44,193,213
69,566,247
38.85%
201- GAS TAX FUND
2,687,351
3,703,799
55,130
1,098,666
2,605,133
29.66%
202 - LIBRARY & MUSEUM FUND
1,909,146
4,765,851
144,793
663,285
4,102,567
13.92%
203 - PUBLIC SAFETY FUND (MEAS
0
0
0
14,085
-14,085
0.00%
210 - FEDERAL ASSISTANCE FUND
152,600
339,977
1,530
172,861
167,116
50.84%
212 - SLESA (COPS) FUND
100,000
100,000
4,283
53,536
46,464
53.54%
215 - LIGHTING & LANDSCAPING F
2,465,376
2,622,376
199,996
1,745,437
876,939
66.56%
220 - QUIMBY FUND
0
466,967
0
0
466,967
0.00%
221- AB 939 - CALRECYCLE FUND
150,000
150,000
18,851
147,611
2,389
98.41%
223 - MEASURE A FUND
3,882,000
5,843,145
0
2,052,910
3,790,235
35.13%
226 - EMERGENCY MANAGEMENT
12,000
12,000
0
25,055
-13,055
208.79%
227 - STATE HOMELAND SECURIT)
5,000
5,000
0
4,312
688
86.25%
230 - CASp FUND, AB 1379
5,500
5,500
0
0
5,500
0.00%
231- SUCCESSOR AGCY PA 1 RORF
0
0
0
16,718,591
-16,718,591
0.00%
235 - SO COAST AIR QUALITY FUN
46,500
46,500
1,807
10,043
36,457
21.60%
237 - SUCCESSOR AGCY PA 1 ADM
0
0
0
4,850
-4,850
0.00%
241- HOUSING AUTHORITY
1,712,670
1,712,670
262,477
1,595,214
117,456
93.14%
243 - RDA LOW -MOD HOUSING FL
250,000
305,000
0
255,000
50,000
83.61%
244 - HOUSING GRANTS (Multiple,
0
90,000
0
97,052
-7,052
107.84%
247 - ECONOMIC DEVELOPMENT 1
21,500
21,500
999
2,999
18,501
13.95%
249 - SA 2011 LOW/MOD BOND FI
20,000
3,644,192
0
62,290
3,581,902
1.71%
250- TRANSPORTATION DIF FUNC
500,000
1,916,757
0
403,605
1,513,152
21.06%
251- PARKS & REC DIF FUND
500,000
500,000
0
13,602
486,398
2.72%
252 - CIVIC CENTER DIF FUND
250,000
250,000
0
0
250,000
0.00%
253 - LIBRARY DEVELOPMENT DIF
15,000
15,000
0
0
15,000
0.00%
254 - COMMUNITY & CULTURAL C
0
125,000
0
0
125,000
0.00%
270 - ART IN PUBLIC PLACES FUNC
177,000
426,165
14,075
83,055
343,110
19.49%
310 - LQ FINANCE AUTHORITY DEE
1,100
1,100
0
0
1,100
0.00%
401- CAPITAL IMPROVEMENT PR(
13,136,811
78,179,947
247,759
9,327,201
68,852,746
11.93%
501- FACILITY & FLEET REPLACEM
1,608,750
2,214,714
81,301
1,075,054
1,139,660
48.54%
502 - INFORMATION TECHNOLOG'
2,258,054
2,358,054
66,885
1,240,690
1,117,364
52.61%
503 - PARK EQUIP & FACILITY FUN
545,000
1,618,000
18,843
127,638
1,490,362
7.89%
504 - INSURANCE FUND
984,100
984,100
497
893,787
90,313
90.82%
601- SILVERROCK RESORT
4,782,135
4,802,135
521,399
4,374,381
427,755
91.09%
760 -SUPPLEMENTAL PENSION PL
12,850
12,850
0
12,833
17
99.87%
761- CERBT OPEB TRUST
1,500
1,500
0
1,140
360
75.99%
762 - PARS PENSION TRUST
55,000
5,055,000
2,557
5,043,211
11,789
99.77%
Report Total:
102,898,217
236,054,259
4,341,448
91,513,204
144,541,055
38.77%
Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report, published annually, is the best resource for all final audited
numbers.
Page 2 of 3
Fund Descriptions
Fund #
Name
Notes
101
General Fund
The primary fund of the City used to account for all revenue and expenditures of the City; a broad
range of municipal activities are provided through this fund.
Accounts for use of one-time federal funding designed to deliver relief to American workers and aid in
105
Disaster Recovery Fund
the economic recovery iin the wake of COVID-19. The American Rescue Plan Act (ARPA) was passed by
Congress in 2021 to provide fiscal recovery funds to state and local governments.
201
Gas Tax Fund
Gasoline sales tax allocations received from the State which are restricted to street -related
expenditures.
202
Library and Museum Fund
Revenues from property taxes and related expenditures for library and museum services.
203
Public Safety Fund
General Fund Measure G sales tax revenue set aside for public safety expenditures.
210
Federal Assistance Fund
Community Development Block Grant (CDBG) received from the federal government and the
expenditures of those resources.
212
SLESF (COPS) Fund
Supplemental Law Enforcement Services Funds (SLESF) received from the State for law enforcement
activities. Also known as Citizen's Option for Public Safety (COPS).
215
Lighting & Landscaping Fund
Special assessments levied on real property for city-wide lighting and landscape
maintenance/improvements and the expenditures of those resources.
220
Quimby Fund
Developer fees received under the provisions of the Quimby Act for park development and
improvements.
221
AB939 Fund/Cal Recycle
Franchise fees collected from the city waste hauler that are used to reduce waste sent to landfills
through recycling efforts. Assembly Bill (AB) 939.
223
Measure A Fund
County sales tax allocations which are restricted to street -related expenditures.
224
TUMF Fund
Developer -paid Transportation Uniform Mitigation Fees (TUMF) utilized for traffic projects in Riverside
Countv.
225
Infrastructure Fund
Developer fees for the acquisition, construction or improvement of the City's infrastructure as defined
by Resolution
226
Emergency Mgmt. Performance Grant (EMPG)
Federal Emergency Management Agency (FEMA) grant for emergency preparedness.
227
State Homeland Security Programs (SHSP)
Federal Emergency Management Agency (FEMA) grant for emergency preparedness.
230
CASP Fund, AB1379 / SB1186
Certified Access Specialist (CASp) program fees for ADA Accessibility Improvements; derived from
Business License renewals. Assemblv Bill (AB) 1379 and Senate Bill (SB) 1186.
Successor Agency (SA) Project Area (PA) 1 Redevelopment Obligation Retirement Fund (RORF) for
231
Successor Agency PA 1 RORF Fund
Redevelopment Property Tax Trust Fund (RPTTF) taxes received for debt service payments on
recoanized obligations of the former Redevelopment Aaencv (RDA).
235
SO Coast Air Quality Fund (AB2766, PM10)
Contributions from the South Coast Air Quality Management District. Uses are limited to the reduction
and control of airborne pollutants. Assembly Bill (AB) 2766.
237
Successor Agency PA 1 Admin Fund
Successor Agency (SA) Project Area (PA) 1 for administration of the Recognized Obligation Payment
Schedule (ROPS) associated with the former Redevelopment Aaencv (RDA).
241
Housing Authority
Activities of the Housing Authority which is to promote and provide quality affordable housing.
243
RDA Low -Moderate Housing Fund
Activities of the Housing Authority which is to promote and provide quality affordable housing.
Accounts for RDA loan rei)avments (20 /o for Housing) and housing programs,.
244
Housing Grants
Activites related Local Early Action Planning (LEAP) and SB2 grants for housing planning and
development.
247
Economic Development Fund
Proceeds from sale of City -owned land and transfers from General Fund for future economic
development.
249
SA 2011 Low/Mod Bond Fund
Successor Agency (SA) low/moderate housing fund; 2011 bonds refinanced in 2016.
250
Transportation DIF Fund
Developer impact fees collected for specific public improvements - transportation related.
251
Parks & Rec. DIF Fund
Developer impact fees collected for specific public improvements - parks and recreation.
252
Civic Center DIF Fund
Developer impact fees collected for specific public improvements - Civic Center.
253
Library Development DIF Fund
Developer impact fees collected for specific public improvements - library.
254
Community Center DIF Fund
Developer impact fees collected for specific public improvements - community center.
255
Street Facility DIF Fund
Developer impact fees collected for specific public improvements - streets.
256
Park Facility DIF Fund
Developer impact fees collected for specific public improvements - parks.
257
Fire Protection DIF Fund
Developer impact fees collected for specific public improvements - fire protection.
259
Maintenance Facilities DIF Fund
Developer impact fees collected for specific public improvements - maintenance facilities.
270
Art In Public Places Fund
Developer fees collected in lieu of art placement; utilized for acquisition, installation and maintenance
of public artworks.
275
LQ Public Safety Officer Fund
Annual transfer in from General Fund; distributed to public safety officers disabled or killed in the line
of duty.
299
Interest Allocation Fund
Interest earned on investments.
310
LQ Finance Authority Debt Service Fund
Accounted for the debt service the Financing Authority's outstanding debt and any related reporting
reauirements. This bond was fully paid in October 2018.
401
Capital Improvement Program Fund
Planning, design, and construction of various capital projects throughout the City.
405
SA PA 1 Capital Improvement Fund
Successor Agency (SA) Project Area (PA) 1 bond proceeds restricted by the bond indenture covenants.
Used for SilverRock infrastructure improvements.
501
Equipment Replacement Fund
Internal Service Fund for vehicles, heavy equipment, and related facilities.
502
Information Technology Fund
Internal Service Fund for computer hardware and software and phone systems.
503
Park Equipment & Facility Fund
Internal Service Fund for park equipment and facilities.
504
Insurance Fund
Internal Service Fund for city-wide insurance coverages.
601
SilverRock Resort Fund
Enterprise Fund for activities of the city -owned golf course.
602
SilverRock Golf Reserve Fund
Enterprise Fund for golf course reserves for capital improvements.
760
Supplemental Pension Plan (PARS Account)
Supplemental pension savings plan for excess retiree benefits to general employees of the City.
761
Other Post Benefit Obligation Trust (OPEB)
For retiree medical benefits and unfunded liabilities.
762
Pension Trust Benefit (PARS Account)
For all pension -related benefits and unfunded liabilities.
Page 3 of 3
City of La Quinta
BUSINESS SESSION ITEM NO. 1
FINANCIAL ADVISORY COMMISSION MEETING June 7, 2023
STAFF REPORT
AGENDA TITLE- DISCUSS FISCAL YEAR 2023/24 PRELIMINARY PROPOSED
BUDGET AND APPROVE ALLOCATION OF MEASURE G SALES TAX REVENUE
RECOMMENDATION
Discuss fiscal year 2023/24 preliminary proposed budget and approve allocation of
Measure G Sales Tax Revenue.
:XECUTIVE SUMMARY
• The first budget study session focused on the General Fund and Internal Service
Funds.
• This study session provides an update to the General Fund and a review of Special
Revenue Funds and Capital Funds of the City.
• Final budget adoption is scheduled for June 20, 2023.
FISCAL IMPACT
The updated General Fund budget anticipates a surplus of $2,538,295 with projected
General Fund revenues of $78,478,100 (including Measure G sales tax) and proposed
operational and capital expenditures of $71,939,805. Unappropriated Measure G sales tax
revenue of $4,000,000 shall remain in reserves.
BACKGROUND/ANALY515
The goal of the June 7, 2023 session is to provide an overview of updates since May 10,
2023 for all funds and approve the use of Measure G sales tax revenues.
Attachment 1 provides a narrative for changes made to the preliminary proposed budget
and includes summary charts for all funds. Exhibit A includes line -item details for revenues
and expenditures for the Special Revenue Funds and Capital Improvement Funds.
The budget updates will be presented to the City Council on June 6, 2023. Staff will provide
a verbal update of those discussions to the Commission during this meeting.
ALTERNATIVES
The Commission may wish to request further information regarding specific items. Per
State law, the City must adopt a budget by June 30.
Prepared by: Claudia Martinez, Finance Director
Attachment: 1. Fiscal Year 2023/24 Proposed Budget Overview
ATTACHMENT 1
FISCAL YEAR 2023/24 SECOND BUDGET STUDY SESSION
OVERVIEW CC& Qa�fra
CALIFORNIA
The second budget study session provides an overview of Special Revenue funds and Capital Funds
of the City. Exhibit A to this report provides line -item details of revenues and expenditures for all funds.
The final budget is scheduled for Council adoption on June 20, 2023.
A one -page summary, found on Exhibit A with the proposed budget, provides a quick reference of all
proposed revenues and expenditures by fund. The Supplemental Information section of the Proposed
Budget provides a description of each fund.
GENERAL FUND UPDATE
Since the last budget study sessions, the following adjustments have been incorporated into the
General Fund budget:
GENERAL FUND
FY 2023/24 ORIGINAL PROPOSED BUDGET SUMMARY
Revenues $ 78,478,100
Less Operating/CIP Expenses (72,439,805)
Preliminary Budget Surplus 6,038,295
Less Measure G Reserves (4,000,000)
BUDGET SURPLUS $ 2,038,295
GENERAL FUND AS OF 6/7/2023
CIP- Fritz Burns Park Improvements $ (500,000)
Total Adjustments (500,000)
AMENDED BUDGET SURPLUS $ 2,538
The reduction in expenditures in the amount of $500,000 was due to an update on the General Fund
contribution for the Fritz Burns Park Improvements project.
SPECIAL REVENUE FUNDS
Special Revenue Funds account for specific revenues and their related expenditures that are legally
required to be held in separate funds. Revenues are derived from developer impact fees, property tax
assessments, State and Federal programs, housing income, or operations. These restricted funds are
for road repairs, recycling programs, art in public places, housing activities, police programs, and the
administration of retiree benefits through trusts. The final page of this report provides a summary of
revenue and expenses by Special Fund.
Gas Tax Fund Revenue projections are provided by the State and are expected to grow at a modest
pace, it is estimated that total local streets and roads allocations will grow by about $200,000 in
2023/24. We can expect stable year over year growth in future years, while fuel consumption may
remain flat or in slight decline, annual cost of living adjustments will help to maintain revenues. The
General fund is anticipated to transfer $500,000 into the Gas Tax Fund to supplement operations.
Increases in expenditures include salary and benefits (annual step increases and health costs),
operational expenses such as safety gear and uniforms due to higher costs, and additional machinery
2023-24 Second Budget Study Session Page 1
and equipment to assist with efficiency in operations. Transfers out for CIP projects total $917,400 for
the Avenue 50 Widening Improvements and Washington Street Sidewalk Improvements projects.
The Lighting and Landscape District (LLD) Fund is partially funded with $989,000 from property tax
assessments. To ensure continued citywide landscaping, the General Funds is projected to contribute
$1,500,000 in 2023/24.
Increases in expenditures include salary and benefits (annual step increases and health costs),
landscape contract increase, and inflationary impacts on materials and supplies and utility rates.
Housing Authority Funds will be presented to the Housing Authority in detail on June 6, 2023. A
preliminary review of the proposed budget will be presented to the Housing Commission on June 14,
2023 and is scheduled for adoption on June 20, 2023.
Finance Authority Fund includes ongoing expenses that are limited to the filing of an annual State
Controller's Report. The 1996 Civic Center Bond was paid off in October 2018 and is noted in the FY
2018/19 Annual Comprehensive Financial Report.
Overall expenses are decreasing for the Library and Museum Fund compared to FY 2022/23 due to
CIP carryovers from FY 2021/22 to FY 2022/23 for the Village Art Plaza site improvements at the former
lumberyard building acquired by the City.
Expenditure increases include contract services, utility rates including gas, electricity, and water, and
operational expenses due to inflationary impacts on costs. An increase of $150,000 is requested to
paint the Library building exterior.
u i Ht:R SPtciAL REVENUE FUNDS
Measure A Fund provides the City with funding for street maintenance and operations, street repairs
and improvements, and new infrastructure of the streets and roads systems. The Riverside County
Transportation Commission (RCTC) allocates funds to local agencies to be used on specific capital
projects pre -approved by RCTC. County sales tax revenue is expected to increase by 7% from the prior
year based on estimates from RCTC's Measure A Program Allocation projection report issued each
year.
Development Impact Fee (DIF) Funds are restricted to capital improvement program expenses.
Funds with no expenses in 2023/24 either have no current project commitments or are saving revenues
for future fiscal year capital projects.
For 2023/24, the Art in Public Places Fund (APP) proposed budget includes the maintenance
contract, updating the full inventory of art in public places including internal city inspections, and
engineering services for new art installations. An increase of $19,300 accounts for the incorporation
of new art signage and the production of an art brochure for the upcoming APP Art Tour program and
the opportunity to purchase or commission artwork and murals.
tN rERPRISE FUND
The SilverRock Golf Resort Fund annual management plan with revenue and expenditure detail will
be presented to City Council on June 20, 2023.
CAPITAL IMPROVEMENT PROGRAM (CIP)
2023-24 Second Budget Study Session Page 2
The preliminary Capital Improvement Programs Fund includes revenues and expenditures for
projects as presented to City Council on April 5, 2022. The total CIP budget for FY 2023-24 is
$17,950,700. Developer reimbursements totaling $400,000 for DIF eligible improvements are budgeted
in DIF funds and $500,000 for median landscape improvements is expensed out of the LLD fund.
ESTIMATED CL
REVENUES:
TAXES
LICENSES & PERMITS
INTERGOVERNMENTAL
CHARGES FOR SERVICES
FINES & ASSESSMENTS
OTHER/MISCELLANEOUS
ESTIMATED CURRENT REQUIREMENTS:
EXPENDITURES:
CITY COUNCIL
CITY MANAGER
CITY MANAGER
MARKETING/COMMUNITY RELATIONS
CITY ATTORNEY
CITY CLERK
COMMUNITY RESOURCES (CR)
HUMAN RESOURCES
POLICE
FIRE
CR ADMINISTRATION
WELLNESS CENTER OPERATIONS
RECREATION PROGRAMS/SPECIAL EVENTS
CODE COMPLIANCE/ANIMAL CONTROL
PUBLIC WORKS
PARKS MAINTENANCE
PUBLIC BUILDINGS
PUBLIC WORKS ADMINISTRATION
DEVELOPMENT SERVICES
STREETS- TRAFFIC
ENGINEERING SERVICES
DESIGN & DEVELOPMENT
D&D ADMINISTRATION
PLANNING
BUILDING
THE HUB
FISCAL SERVICES
FINANCE
CENTRAL SERVICES (Includes CIP)
PRELIMINARY BUDGET SURPLUS
LESS MEASURE G SALES TAX RESERVES
1,365,817
1,720,532
557,015
18,417,900
10,039,120
804,570
829,735
1,564,200
1,779,300
4,056,511
1,565,694
779,773
529,394
857,050
984,700
784,805
697,830
1,339,516
1,083,890
1,686,720
18.294.500
$ 62,630,000
2,521,300
9,178,000
963,200
465,500
2,720,100
76,47t3,9U
$ 304,500
3,086,349
800,000
1,096,733
33,991,840
8,773,122
3,906,041
19,981,220
$ 6,538,295
(4,000,000)
2023-24 Second Budget Study Session Page 3
SUMMARY OF
•-2023/24
FUND
#
FUND NAME
TOTAL
REVENUES
TOTAL
EXPENSES
SURPLUS/
(DEFICIT)
105
DISASTER RECOVERY FUND
15,000
-
15,000
201
GAS TAX FUND
2,458,600
2,456,900
1,700
202
LIBRARY& MUSEUM FUND
2,922,000
2,268,215
653,785
203
PUBLIC SAFETY FUND
2,500
-
2,500
210
FEDERAL ASSISTANCE FUND CDBG
156,000
156,300
300
212
SLESF COPS
101,500
100,000
1,500
215
LIGHTING & LANDSCAPING FUND
2,992,000
2,668,265
323,735
220
QUIMBY FUND
50,000
-
50,000
221
AB 939 - CALRECYCLE
70,000
150,000
80,000
223
MEASURE A FUND
2,028,000
1,865,000
163,000
225
INFRASTRUCTURE FUND
500
-
500
226
EMERGENCY MANAGEMENT
PERFORMANCE FUND
12,500
12,000
500
227
STATE HOMELAND SECURITY PROGRAM
5,000
5,000
-
230
CASp FUND, AB 1379
20,500
5,500
15,000
235
SO COAST AIR QUALITY FUND
55,000
54,000
1,000
241
HOUSING AUTHORITY FUND
1,401,500
1,559,467
157,967
243
RDA LOW -MOD HOUSING FUND
30,000
250,000
220,000
247
ECONOMIC DEVELOPMENT FUND
20,000
31,500
11,500
249
SA 2011 LOW/MOD BOND
36,000
250,000
214,000
250
TRANSPORTATION DIF
1,520,000
550,000
970,000
251
PARKS & RECREATION DIF
751,500
650,000
101,500
252
CIVIC CENTER DIF
501,500
-
501,500
253*
LIBRARY DEVELOPMENT DIF
100,000
15,000
85,000
254
COMMUNITY CENTER DIF
252,500
-
252,500
255
STRE ET FAC IL ITY D IF
1,000
-
1,000
256
PARK FACILITY DIF
100
-
100
257
FIRE PROTECTION DIF
151,500
-
151,500
259
MAINTENANCE FACILITIES DIF FUND
101,000
180,000
79,000
270
ART IN PUBLIC PLACES FUND
154,000
233,000
79,000
275
LQ PUBLIC SAFETY OFFICER FUND
2,500
-
2,500
310
LQ FINANCE AUTHORITY FUND
1,100
1,100
-
401
CAPITAL IMPROVEMENT PROGRAMS
17,950,700
17,950,700
-
405
SA PA1 CAPITAL IMPROVEMENT BOND
1,500
-
1,500
501
FACILITY& FLEET REPLACEMENT FUND
1,685,000
1,448,750
236,250
502
INFORMATION TECHNOLOGY FUND
2,256,708
2,931,062
674,354
503
PARK EQUIP & FACILITY FUND
470,000
2,242,200
1,772,200
504
INSURANCE FUND
1,118,000
1,118,000
-
760
SUPPLEMENTAL PENSION PLAN
6,000
12,850
6,850
761
CERBT OPEB TRUST HEALTH BENEFITS
20,000
1,800
18,200
762
PARS PENSION TRUST
100,000
30,000
70,000
GRAND TOTAL
39,521,208
39,196,609
324,599
* This fund has an outstanding inter -agency loan due to the Successor Agency.
2023-24 Second Budget Study Session Page 4
CITY OF LA QUINTA
SPECIAL FUND REVENUE DETAIL
EXHIBIT A
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed
Current 22/23
Budget
105 - DISASTER RECOVERY FUND
0000 - Undesignated
330 - Intergovernmental
105-0000-41700 Federal Government Revs
0
4,993,505
4,993,505
4,993,504 I
0
(4,993,505)
-100%
330 - Intergovernmental Totals:
0
4,993,505
4,993,505
4,993,504
0
(4,993,505)
-1000/0
360 - Use of Money & Property
105-0000-41900 Allocated Interest 11,120 10,000 10,000 (3,101) 15,000 5,000 50%
105-0000-41910 GASB 31 Interest (108,229) 0 0 108,229 0 0 0%
360 - Use of Money & Property Totals: (97,108) 10,000 10,000 105,128 15,000 5,000 500/0
0000 - Undesignated Totals: (97,108) 5,003,505 5,003,505 5,098,632 15,000 (4,988,505) -1000/0
105 - DISASTER RECOVERY FUND Totals: (97,108) 5,003,505 5,003,505 5,098,632 15,000 (4,988,505) -1000/0
201 - GAS TAX FUND
0000 - Undesignated
330 - Intergovernmental
201-0000-42900 Section 2105, Gas Tax
227,320
256,900
256,900
163,896
237,500
(19,400)
-8%
201-0000-42905 Section 2106, Gas Tax
145,256
158,500
158,500
107,003
152,000
(6,500)
-4%
201-0000-42910 Section 2107, Gas Tax
271,513
350,600
350,600
221,944
285,000
(65,600)
-19%
201-0000-42915 Section 2107.5, Gas Tax
6,000
6,000
6,000
6,000
6,000
0
0%
201-0000-42920 Section 2103, Gas Tax
324,392
370,800
370,800
238,112
350,700
(20,100)
-5%
201-0000-42922 SB 1, Road Maint. Rehab
813,560
940,211
940,211
558,116
917,400
(22,811)
-2%
330 - Intergovernmental Totals:
1,788,042
2,083,011
2,083,011
1,295,070
1,948,600
(134,411)
-60/o
360 - Use of Money & Property
201-0000-41900 Allocated Interest 12,459 8,000 8,000 (1,085) 10,000 2,000 25%
201-0000-41910 GASB 31 Interest (50,768) 0 0 37,861 0 0 0%
360 - Use of Money & Property Totals: (38,309) 8,000 8,000 36,776 10,000 2,000 25%
390 - Other Financing Sources
201-0000-49500 Transfers In 190,000 600,000 600,000 600,000 I 500,000 (100,000) -17%
390 - Other Financing Sources Totals: 190,000 600,000 600,000 600,000 500,000 (100,000) -17%
0000 - Undesignated Totals: 1,939,733 2,691,011 2,691,011 1,931,846 2,458,600 (232,411) -90/0
201 - GAS TAX FUND Totals: 1,939,733 2,691,011 2,691,011 1,931,846 2,458,600 (232,411) -90/0
202 - LIBRARY & MUSEUM FUND
0000 - Undesignated
330 - Intergovernmental
202-0000-41720 County Government Rev( 3,103,537 2,800,000 2,800,000 1,059,381 I 2,850,000 50,000 2%
330 - Intergovernmental Totals: 3,103,537 2,800,000 2,800,000 1,059,381 2,850,000 50,000 2%
CITY OF LA QUINTA SPECIAL FUND REVENUE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed
Current 22/23
Budget
340 - Charges for Services
202-0000-42202 Gift Shop Sales
0
5,000
5,000
0
0
(5,000)
-100%
202-0000-42218 MakerSpace Membership
1,988
2,000
2,000
2,191
2,000
0
0%
340 - Charges for Services Totals:
1,988
7,000
7,000
2,191
2,000
(5,000)
-71%
360 - Use of Money & Property
202-0000-41900 Allocated Interest 70,896 60,000 60,000 (5,641) 70,000 10,000 17%
202-0000-41910 GASB 31 Interest (275,476) 0 0 196,898 0 0 0%
360 - Use of Money & Property Totals: (204,580) 60,000 60,000 191,257 70,000 10,000 17%
0000 - Undesignated Totals: 2,900,945 2,867,000 2,867,000 1,252,829 2,922,000 55,000 2%
202 - LIBRARY & MUSEUM FUND Totals: 2,900,945 2,867,000 2,867,000 1,252,829 2,922,000 55,000 2%
203 - PUBLIC SAFETY FUND (MEASURE G)
0000 - Undesignated
360 - Use of Money & Property
203-0000-41900 Allocated Interest 2,255 2,000 2,000 (157) 2,500 500 25%
203-0000-41910 GASB 31 Interest (9,805) 0 0 5,465 0 0 0%
360 - Use of Money & Property Totals: (7,550) 2,000 2,000 5,309 2,500 500 25%
0000 - Undesignated Totals: (7,550) 2,000 2,000 5,309 2,500 500 25%
UBLIC SAFETY FUND (MEASURE G) Totals: (7,550) 2,000 2,000 5,309 2,500 500 25%
210 - FEDERAL ASSISTANCE FUND
0000 - Undesignated
330 - Intergovernmental
210-0000-43105 CDBG 1,530 156,000 156,000 180,044 I 156,000 0 0%
330 - Intergovernmental Totals: 1,530 156,000 156,000 180,044 156,000 0 0%
360 - Use of Money & Property
210-0000-41900 Allocated Interest (101) 0 0 (1) 0 0 0%
210-0000-41910 GASB 31 Interest (2,856) 0 0 47 0 0 0%
360 - Use of Money & Property Totals: (2,957) 0 0 46 0 0 00/0
0000 - Undesignated Totals: (1,427) 156,000 156,000 180,090 156,000 0 00/0
210 - FEDERAL ASSISTANCE FUND Totals: (1,427) 156,000 156,000 180,090 156,000 0 00/0
CITY OF LA QUINTA
SPECIAL FUND REVENUE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23 2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget YTD Activity*
Proposed
Current 22/23
Budget
212 - SLESA (COPS) FUND
0000 - Undesignated
330 - Intergovernmental
212-0000-43115 SLESA (COPS) Grant
161,285
100,000
100,000 123,605 I
100,000
0
0%
330 - Intergovernmental Totals:
161,285
100,000
100,000 123,605
100,000
0
0%
360 - Use of Money & Property
212-0000-41900 Allocated Interest
2,717
1,000
1,000
(240)
1,500
500
50%
212-0000-41910 GASB 31 Interest
(11,237)
0
0
8,363
0
0
0%
360 - Use of Money & Property Totals:
(8,520)
1,000
1,000
8,124
1,500
500
500/0
0000 - Undesignated Totals:
152,765
101,000
101,000
131,728
101,500
500
00/0
212 - SLESA (COPS) FUND Totals:
152,765
101,000
101,000
131,728
101,500
500
00/0
215 - LIGHTING & LANDSCAPING FUND
0000 - Undesignated
340 - Charges for Services
215-0000-42305 Miscellaneous Reimburse
0
0
0
12,051 I
0
0
0%
340 - Charges for Services Totals:
0
0
0
12,051
0
0
00/0
350 - Fines, Forfeitures & Abatements
215-0000-43210 LLD Assessments
969,257
982,300
982,300
544,767 I
989,000
6,700
1%
ines, Forfeitures & Abatements Totals:
969,257
982,300
982,300
544,767
989,000
6,700
1%
360 - Use of Money & Property
215-0000-41900 Allocated Interest
3,001
1,000
1,000
(433)
3,000
2,000
200%
215-0000-41910 GASB 31 Interest
(20,209)
0
0
15,112
0
0
0%
360 - Use of Money & Property Totals:
(17,208)
1,000
1,000
14,679
3,000
2,000
200%
390 - Other Financing Sources
215-0000-49500 Transfers In
1,285,000
1,500,000
1,500,000
1,500,000 I
2,000,000
500,000
33%
390 - Other Financing Sources Totals:
1,285,000
1,500,000
1,500,000
1,500,000
2,000,000
500,000
33%
0000 - Undesignated Totals:
2,237,049
2,483,300
2,483,300
2,071,498
2,992,000
508,700
20%
LIGHTING & LANDSCAPING FUND Totals:
2,237,049
2,483,300
2,483,300
2,071,498
2,992,000
508,700
20%
220 - QUIMBY FUND
0000 - Undesignated
360 - Use of Money & Property
220-0000-43200 Quimby Fees
0
25,000
25,000
0 I
50,000
25,000
100%
360 - Use of Money & Property Totals:
0
25,000
25,000
0
50,000
25,000
1000/0
0000 - Undesignated Totals:
0
25,000
25,000
0
50,000
25,000
1000/0
220 - QUIMBY FUND Totals:
0
25,000
25,000
0
50,000
25,000
1000/0
CITY OF LA QUINTA SPECIAL FUND REVENUE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed
Current 22/23
Budget
221 - AB 939 - CALRECYCLE FUND
0000 - Undesignated
310 - Tax Revenues
221-0000-41506 Burrtec AB 939 Fee
65,870
60,000
60,000
62,328 I
65,000
5,000
8%
310 - Tax Revenues Totals:
65,870
60,000
60,000
62,328
65,000
5,000
8%
330 - Intergovernmental
221-0000-43115 SB 1383 Cal Recycle Gra 59,159 0 0 0 0 0 0%
221-0000-43120 Cal Recycle Grant 10,527 0 0 0 0 0 0%
330 - Intergovernmental Totals: 69,686 0 0 0 0 0 0%
360 - Use of Money & Property
221-0000-41900 Allocated Interest 6,616 4,000 4,000 (538) 5,000 1,000 25%
221-0000-41910 GASB 31 Interest (26,508) 0 0 18,769 0 0 0%
360 - Use of Money & Property Totals: (19,891) 4,000 4,000 18,231 5,000 1,000 25%
0000 - Undesignated Totals: 115,665 64,000 64,000 80,559 70,000 6,000 90/0
221 - AB 939 - CALRECYCLE FUND Totals: 115,665 64,000 64,000 80,559 70,000 6,000 90/0
223 - MEASURE A FUND
0000 - Undesignated
310 - Tax Revenues
223-0000-41320 County Sales Tax 2,031,006 1,865,000 1,865,000 1,326,849 I 2,013,000 148,000 8%
310 - Tax Revenues Totals: 2,031,006 1,865,000 1,865,000 1,326,849 2,013,000 148,000 8%
360 - Use of Money & Property
223-0000-41900 Allocated Interest
30,150
10,000
10,000
(2,676)
15,000
5,000
50%
223-0000-41910 GASB 31 Interest
(118,901)
0
0
93,402
0
0
0%
223-0000-42000 Insurance Recoveries
40,117
0
0
0
0
0
0%
360 - Use of Money & Property Totals:
(48,634)
10,000
10,000
90,726
15,000
5,000
500/0
0000 - Undesignated Totals: 1,982,372 1,875,000 1,875,000 1,417,575 2,028,000 153,000 8%
223 - MEASURE A FUND Totals: 1,982,372 1,875,000 1,875,000 1,417,575 2,028,000 153,000 8%
225 - INFRASTRUCTURE FUND
0000 - Undesignated
360 - Use of Money & Property
225-0000-41900 Allocated Interest 156 0 0 (12) 500 500 0%
225-0000-41910 GASB 31 Interest (606) 0 0 419 0 0 0%
360 - Use of Money & Property Totals: (450) 0 0 407 500 500 00/0
0000 - Undesignated Totals: (450) 0 0 407 500 500 00/0
225 - INFRASTRUCTURE FUND Totals: (450) 0 0 407 500 500 00/0
CITY OF LA QUINTA
SPECIAL FUND REVENUE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23 2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget YTD Activity*
Proposed
Current 22/23
Budget
226 - EMERGENCY MANAGEMENT PERFOR
0000 - Undesignated
330 - Intergovernmental
226-0000-43120 EMP Grant
28,809
12,000
12,000 0 I
12,000
0
0%
330 - Intergovernmental Totals:
28,809
12,000
12,000 0
12,000
0
0%
360 - Use of Money & Property
226-0000-41900 Allocated Interest
65
100
100
0 I
500
400
400%
360 - Use of Money & Property Totals:
65
100
100
0
500
400
400%
0000 - Undesignated Totals:
28,874
12,100
12,100
0
12,500
400
3%
NT PERFORMANCE GRANT (EMPG) Totals:
28,874
12,100
12,100
0
12,500
400
3%
227 - STATE HOMELAND SECURITY PROGI
0000 - Undesignated
330 - Intergovernmental
227-0000-43120 SHSP Grant
6,018
5,000
5,000
4,896 I
5,000
0
0%
330 - Intergovernmental Totals:
6,018
5,000
5,000
4,896
5,000
0
0%
0000 - Undesignated Totals:
6,018
5,000
5,000
4,896
5,000
0
0%
%ND SECURITY PROGRAMS (SHSP) Totals:
6,018
5,000
5,000
4,896
5,000
0
00/0
230 - CASp FUND, AB 1379
0000 - Undesignated
360 - Use of Money & Property
230-0000-41900 Allocated Interest 506 200 200 (43) 500 300 150%
230-0000-41910 GASB 31 Interest (1,990) 0 0 1,489 0 0 0%
360 - Use of Money & Property Totals: (1,484) 200 200 1,446 500 300 1500/0
380 - Transfers In
230-0000-42130 SB 1186 Revenue 18,705 20,000 20,000 17,051 I 20,000 0 0%
380 - Transfers In Totals: 18,705 20,000 20,000 17,051 20,000 0 00/0
0000 - Undesignated Totals: 17,221 20,200 20,200 18,497 20,500 300 10/0
230 - CASp FUND, AB 1379 Totals: 17,221 20,200 20,200 18,497 20,500 300 10/0
CITY OF LA QUINTA SPECIAL FUND REVENUE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed
Current 22/23
Budget
235 - SO COAST AIR QUALITY FUND
0000 - Undesignated
330 - Intergovernmental
235-0000-43410 SCAQ Contribution
52,791
54,000
54,000
24,425
54,000
0
0%
235-0000-43411 MSRC Funding
0
0
0
51,780
0
0
0%
330 - Intergovernmental Totals:
52,791
54,000
54,000
76,205
54,000
0
0%
360 - Use of Money & Property
235-0000-41900 Allocated Interest 327 400 400 (28) 1,000 600 150%
235-0000-41910 GASB 31 Interest (1,360) 0 0 975 0 0 0%
360 - Use of Money & Property Totals: (1,033) 400 400 947 1,000 600 1500/0
0000 - Undesignated Totals: 51,758 54,400 54,400 77,153 55,000 600 10/0
35 - SO COAST AIR QUALITY FUND Totals: 51,758 54,400 54,400 77,153 55,000 600 10/0
241 - HOUSING AUTHORITY
9101 - Housing Authority - Admin
340 - Charges for Services
241-9101-42301 Miscellaneous Revenue 226 0 0 0 I 0 0 0%
340 - Charges for Services Totals: 226 0 0 0 0 0 00/0
360 - Use of Money & Property
241-9101-41900 Allocated Interest
99,822
100,000
100,000
(7,689)
150,000
50,000
50%
241-9101-41910 GASB 31 Interest
(385,817)
0
0
268,385
0
0
0%
241-9101-41915 Non -Allocated Interest
430
500
500
0
500
0
0%
241-9101-42706 Loan Repayments
96,215
0
0
102,185
0
0
0%
241-9101-43504 2nd Trust Deed RepaymE
130,179
100,000
100,000
50,253
100,000
0
0%
241-9101-45000 Sale of Other Assets
367,078
200,000
200,000
0
0
(200,000)
-100%
360 - Use of Money & Property Totals:
307,908
400,500
400,500
413,134
250,500
(150,000)
-37%
101 - Housing Authority - Admin Totals: 308,134 400,500 400,500 413,134 250,500 (150,000) -37%
9102 - Housing Authority - Wash St Apt:
340 - Charges for Services
241-9102-42305 Miscellaneous Reimburse (1,820) 0 0 0 I 0 0 0%
340 - Charges for Services Totals: (1,820) 0 0 0 0 0 00/0
lousing Authority - Wash St Apts Totals: (1,820) 0 0 0 0 0 0%
9103 - Housing Authority - LQRP
360 - Use of Money & Property
241-9103-43502 Rent Revenue/LQRP 306,372 300,000 300,000 300,706 I 350,000 50,000 17%
360 - Use of Money & Property Totals: 306,372 300,000 300,000 300,706 350,000 50,000 17%
9103 - Housing Authority - LQRP Totals: 306,372 300,000 300,000 300,706 350,000 50,000 17%
CITY OF LA QUINTA SPECIAL FUND REVENUE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed
Current 22/23
Budget
9104 - Dune Palms Mobile Estates
360 - Use of Money & Property
241-9104-42112 Rent Revenue/Tenant/Du
791,261
750,000
750,000
682,079
800,000
50,000
7%
241-9104-42302 Miscellaneous Revenue/C
0
1,000
1,000
0
1,000
0
0%
360 - Use of Money & Property Totals:
791,261
751,000
751,000
682,079
801,000
50,000
7%
104 - Dune Palms Mobile Estates Totals: 791,261 751,000 751,000 682,079 801,000 50,000 7%
241 - HOUSING AUTHORITY Totals: 1,403,947 1,451,500 1,451,500 1,395,919 1,401,500 (50,000) -30/o
243 - RDA LOW -MOD HOUSING FUND
0000 - Undesignated
360 - Use of Money & Property
243-0000-41900 Allocated Interest
243-0000-41910 GASB 31 Interest
360 - Use of Money & Property Totals
24,081
102.401
20,000
0
20,000
0
(2,155)
75.210
30,000 10,000 50%
0 0 0%
(78,320) 20,000 20,000 73,055 30,000 10,000 500/0
370 - Miscellaneous
243-0000-48500 Extraordinary Gain 121,903 0 0 0 I 0 0 0%
370 - Miscellaneous Totals: 121,903 0 0 0 0 0 00/0
0000 - Undesignated Totals: 43,583 20,000 20,000 73,055 30,000 10,000 50%
3 - RDA LOW -MOD HOUSING FUND Totals: 43,583 20,000 20,000 73,055 30,000 10,000 50%
247 - ECONOMIC DEVELOPMENT FUND
0000 - Undesignated
350 - Fines, Forfeitures & Abatements
247-0000-42706 Loan Repayments 248,110 0 0 64,337 I 0 0 0%
ines, Forfeitures & Abatements Totals: 248,110 0 0 64,337 0 0 0%
360 - Use of Money & Property
247-0000-41900 Allocated Interest 24,993 15,000 15,000 (1,994) 20,000 5,000 33%
247-0000-41910 GASB 31 Interest (99,068) 0 0 69,598 0 0 0%
360 - Use of Money & Property Totals: (74,075) 15,000 15,000 67,604 20,000 5,000 33%
0000 - Undesignated Totals: 174,035 15,000 15,000 131,941 20,000 5,000 33%
- ECONOMIC DEVELOPMENT FUND Totals: 174,035 15,000 15,000 131,941 20,000 5,000 33%
CITY OF LA QUINTA SPECIAL FUND REVENUE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed
Current 22/23
Budget
249 - SA 2011 LOW/MOD BOND FUND (Re
0000 - Undesignated
340 - Charges for Services
249-0000-42301 Miscellaneous Revenue
0
0
0
1,106 I
0
0
0%
340 - Charges for Services Totals:
0
0
0
1,106
0
0
00/0
360 - Use of Money & Property
249-0000-41900 Allocated Interest
5,494
5,000
5,000
(544)
6,000
1,000
20%
249-0000-41910 GASB 31 Interest
(26,759)
0
0
25,881
0
0
0%
249-0000-41915 Non -Allocated Interest
29,442
20,000
20,000
31,172
30,000
10,000
50%
360 - Use of Money & Property Totals:
8,177
25,000
25,000
56,509
36,000
11,000
44%
390 - Other Financing Sources
249-0000-49500 Transfers In
0
0
1,387,009
0 I
0
(1,387,009)
-100%
390 - Other Financing Sources Totals:
0
0
1,387,009
0
0
(1,387,009)
-1000/0
0000 - Undesignated Totals:
8,177
25,000
1,412,009
57,615
36,000
(1,376,009)
-97%
BOND FUND (Refinanced in 2016) Totals:
8,177
25,000
1,412,009
57,615
36,000
(1,376,009)
-97%
250 - TRANSPORTATION DIF FUND
0000 - Undesignated
360 - Use of Money & Property
250-0000-41900 Allocated Interest
29,072
20,000
20,000
(2,911)
20,000
0
0%
250-0000-41910 GASB 31 Interest
(123,444)
0
0
101,596
0
0
0%
250-0000-43200 Developer Fees
2,731,351
1,000,000
1,000,000
1,081,694
1,500,000
500,000
50%
360 - Use of Money & Property Totals:
2,636,980
1,020,000
1,020,000
1,180,379
1,520,000
500,000
49%
0000 - Undesignated Totals:
2,636,980
1,020,000
1,020,000
1,180,379
1,520,000
500,000
49%
150 - TRANSPORTATION DIF FUND Totals:
2,636,980
1,020,000
1,020,000
1,180,379
1,520,000
500,000
49%
251 - PARKS & REC DIF FUND
0000 - Undesignated
360 - Use of Money & Property
251-0000-41900 Allocated Interest
3,596
1,000
1,000
(431)
1,500
500
50%
251-0000-41910 GASB 31 Interest
(15,051)
0
0
15,051
0
0
0%
251-0000-43200 Developer Fees
1,032,032
500,000
500,000
560,169
750,000
250,000
50%
360 - Use of Money & Property Totals:
1,020,577
501,000
501,000
574,789
751,500
250,500
500/0
0000 - Undesignated Totals:
1,020,577
501,000
501,000
574,789
751,500
250,500
500/0
251 - PARKS & REC DIF FUND Totals:
1,020,577
501,000
501,000
574,789
751,500
250,500
500/0
CITY OF LA QUINTA
SPECIAL FUND REVENUE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed
Current 22/23
Budget
252 - CIVIC CENTER DIF FUND
0000 - Undesignated
360 - Use of Money & Property
252-0000-41900 Allocated Interest
7,028
1,000
1,000
(728)
1,500
500
50%
252-0000-41910 GASB 31 Interest
(30,211)
0
0
25,404
0
0
0%
252-0000-43200 Developer Fees
651,093
300,000
300,000
329,326
500,000
200,000
67%
360 - Use of Money & Property Totals:
627,911
301,000
301,000
354,002
501,500
200,500
67%
0000 - Undesignated Totals:
627,911
301,000
301,000
354,002
501,500
200,500
67%
252 - CIVIC CENTER DIF FUND Totals:
627,911
301,000
301,000
354,002
501,500
200,500
67%
253 - LIBRARY DEVELOPMENT DIF
0000 - Undesignated
360 - Use of Money & Property
253-0000-41900 Allocated Interest
192
0
0
0
0
0
0%
253-0000-43200 Developer Fees
196,456
75,000
75,000
105,248
100,000
25,000
33%
360 - Use of Money & Property Totals:
196,648
75,000
75,000
105,248
100,000
25,000
33%
0000 - Undesignated Totals:
196,648
75,000
75,000
105,248
100,000
25,000
33%
253 - LIBRARY DEVELOPMENT DIF Totals:
196,648
75,000
75,000
105,248
100,000
25,000
33%
254 - COMMUNITY & CULTURAL CENTERS
0000 - Undesignated
360 - Use of Money & Property
254-0000-41900 Allocated Interest
3,732
2,000
2,000
(405)
2,500
500
25%
254-0000-41910 GASB 31 Interest
(16,386)
0
0
14,126
0
0
0%
254-0000-43200 Developer Fees
352,108
150,000
150,000
250,140
250,000
100,000
67%
360 - Use of Money & Property Totals:
339,454
152,000
152,000
263,862
252,500
100,500
66%
0000 - Undesignated Totals:
339,454
152,000
152,000
263,862
252,500
100,500
66%
1UNITY & CULTURAL CENTERS DIF Totals:
339,454
152,000
152,000
263,862
252,500
100,500
66%
255 - STREET FACILITY DIF FUND
0000 - Undesignated
360 - Use of Money & Property
255-0000-41900 Allocated Interest
575
0
0
(48)
1,000
1,000
0%
255-0000-41910 GASB 31 Interest
(2,092)
0
0
1,675
0
0
0%
255-0000-43200 Developer Fees
34,015
10,000
10,000
520
0
(10,000)
-100%
360 - Use of Money & Property Totals:
32,497
10,000
10,000
2,147
1,000
(9,000)
-900/0
0000 - Undesignated Totals:
32,497
10,000
10,000
2,147
1,000
(9,000)
-900/0
255 - STREET FACILITY DIF FUND Totals:
32,497
10,000
10,000
2,147
1,000
(9,000)
-900/0
CITY OF LA QUINTA
SPECIAL FUND REVENUE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed
Current 22/23
Budget
256 - PARK FACILITY DIF FUND
0000 - Undesignated
360 - Use of Money & Property
256-0000-41900 Allocated Interest
51
0
0
(4)
100
100
0%
256-0000-41910 GASB 31 Interest
(188)
0
0
130
0
0
0%
256-0000-43200 Developer Fees
40
0
0
0
0
0
0%
360 - Use of Money & Property Totals:
(97)
0
0
127
100
100
00/0
0000 - Undesignated Totals:
(971 0 0 127 100 100 00/0
256 - PARK FACILITY DIF FUND Totals: (97) 0 0 127 100 100 00/0
257 - FIRE PROTECTION DIF
0000 - Undesignated
360 - Use of Money & Property
257-0000-41900 Allocated Interest
257-0000-41910 GASB 31 Interest
257-0000-43200 Developer Fees
360 - Use of Money & Property Totals
2,581 1,000
(10,949) 0
220,411 100,000
1,000 (259) 1,500
0 9,047 1 0
500 50%
0 0%
50,000 50%
212,043 101,000 101,000 108,370 151,500 50,500 500/0
0000 - Undesignated Totals:
212,043
101,000
101,000
108,370
151,500
50,500
500/0
257 - FIRE PROTECTION DIF Totals:
212,043
101,000
101,000
108,370
151,500
50,500
500/0
259 - MAINTENANCE FACILITIES DIF FUN
0000 - Undesignated
360 - Use of Money & Property
259-0000-41900 Allocated Interest
1,035
500
500
(122)
1,000
500
100%
259-0000-41910 GASB 31 Interest
(4,708)
0
0
4,255
0
0
0%
259-0000-43200 Developer Fees
136,752
75,000
75,000
82,972
100,000
25,000
33%
360 - Use of Money & Property Totals:
133,080
75,500
75,500
87,105
101,000
25,500
34%
0000 - Undesignated Totals:
133,080
75,500
75,500
87,105
101,000
25,500
34%
NTENANCE FACILITIES DIF FUND Totals:
133,080
75,500
75,500
87,105
101,000
25,500
34%
270 - ART IN PUBLIC PLACES FUND
0000 - Undesignated
360 - Use of Money & Property
270-0000-41900 Allocated Interest
6,657
3,000
3,000
(528)
4,000
1,000
33%
270-0000-41910 GASB 31 Interest
(25,798)
0
0
18,428
0
0
0%
270-0000-43201 APP Fees
158,972
100,000
100,000
64,417
100,000
0
0%
360 - Use of Money & Property Totals:
139,831
103,000
103,000
82,317
104,000
1,000
10/0
390 - Other Financing Sources
270-0000-49500 Transfers In 50,000 50,000 50,000 50,000 I 50,000 0 0%
390 - Other Financing Sources Totals: 50,000 50,000 50,000 50,000 50,000 0 00/0
0000 - Undesignated Totals: 189,831 153,000 10 153,000 132,317 154,000 1,000 10/0
CITY OF LA QUINTA
2021/22
Actuals
SPECIAL FUND REVENUE DETAIL
2022/23 2022/23
Original Budget Current Budget
2022/23
YTD Activity*
2023/24
Proposed
FY 2023/24 PROPOSED BUDGET
23/24 vs. % Change in
Current 22/23 Budget
70 - ART IN PUBLIC PLACES FUND Totals:
189,831
153,000
153,000
132,317
154,000
1,000
1%
275 - LQ PUBLIC SAFETY OFFICER
0000 - Undesignated
360 - Use of Money & Property
275-0000-41900 Allocated Interest
405
200
200
(32)
500
300
150%
275-0000-41910 GASB 31 Interest
(1,591)
0
0
1,114
0
0
0%
360 - Use of Money & Property Totals:
(1,186)
200
200
1,082
500
300
1500/0
390 - Other Financing Sources
275-0000-49500 Transfers In
2,000
2,000
2,000
2,000 I
2,000
0
0%
390 - Other Financing Sources Totals:
2,000
2,000
2,000
2,000
2,000
0
00/0
0000 - Undesignated Totals:
814
2,200
2,200
3,082
2,500
300
14%
275 - LQ PUBLIC SAFETY OFFICER Totals:
814
2,200
2,200
3,082
2,500
300
14%
310 - LQ FINANCE AUTHORITY DEBT SERI
0000 - Undesignated
360 - Use of Money & Property
310-0000-42111 Rental Income
1,100
1,100
1,100
0 I
1,100
0
0%
360 - Use of Money & Property Totals:
1,100
1,100
1,100
0
1,100
0
00/0
0000 - Undesignated Totals:
1,100
1,100
1,100
0
1,100
0
00/0
NANCE AUTHORITY DEBT SERVICE Totals:
1,100
1,100
1,100
0
1,100
0
00/0
401 - CAPITAL IMPROVEMENT PROGRAMS
0000 - Undesignated
330 - Intergovernmental
401-0000-41712 Surface Transportation Pi
9,253
0
0
0
0
0
0%
401-0000-41714 SB 821 Grants
0
0
97,700
0
0
(97,700)
-100%
401-0000-41716 Highway Bridge Program
0
0
13,884,849
29,885
0
(13,884,849)
-100%
401-0000-41718 Land & Water Conservati
0
0
0
0
3,000,000
3,000,000
0%
401-0000-41721 CVAG
983,977
0
7,988,793
109,370
0
(7,988,793)
-100%
401-0000-43634 CV Water District
52,927
0
86,488
101,089
0
(86,488)
-100%
401-0000-43650 Contributions from Other
0
0
15,186
50,000
0
(15,186)
-100%
330 - Intergovernmental Totals:
1,046,157
0
22,073,015
290,344
3,000,000
(19,073,015)
-86%
360 - Use of Money & Property
401-0000-43133 Developer Agreement Fu 17,989 0 906,341 0 I 0 (906,341) -100%
360 - Use of Money & Property Totals: 17,989 0 906,341 0 0 (906,341) -1000/0
CITY OF LA QUINTA SPECIAL FUND REVENUE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed
Current 22/23
Budget
390 - Other Financing Sources
401-0000-49500 Transfers In 5,733,190
13,136,811
56,260,716
3,666,082 I
14,950,700
(41,310,016)
-73%
390 - Other Financing Sources Totals: 5,733,190
13,136,811
56,260,716
3,666,082
14,950,700
(41,310,016)
-73%
0000 - Undesignated Totals: 6,797,335 13,136,811 79,240,072 3,956,426 17,950,700 (61,289,372) -77%
WITAL IMPROVEMENT PROGRAMS Totals: 6,797,335 13,136,811 79,240,072 3,956,426 17,950,700 (61,289,372) -77%
405 - SA PA 1 CAPITAL IMPRV FUND
0000 - Undesignated
360 - Use of Money & Property
405-0000-41900 Allocated Interest 2,567 1,000 1,000 (4) 1,500 500 50%
405-0000-41910 GASB 31 Interest (11,153) 0 0 132 0 0 0%
360 - Use of Money & Property Totals: (8,585) 1,000 1,000 128 1,500 500 500/0
0000 - Undesignated Totals: (8,585) 1,000 1,000 128 1,500 500 500/0
15 - SA PA 1 CAPITAL IMPRV FUND Totals: (8,585) 1,000 1,000 128 1,500 500 500/0
501 - FACILITY & FLEET REPLACEMENT
0000 - Undesignated
340 - Charges for Services
501-0000-42305 Miscellaneous Reimburse 0 0 0 480 I 0 0 0%
340 - Charges for Services Totals: 0 0 0 480 0 0 00/0
360 - Use of Money & Property
501-0000-41900 Allocated Interest
30,271
20,000
20,000
(2,224)
20,000
0
0%
501-0000-41910 GASB 31 Interest
(115,548)
0
0
80,460
0
0
0%
501-0000-42000 Insurance Recoveries
10,561
0
0
0
0
0
0%
360 - Use of Money & Property Totals:
(74,716)
20,000
20,000
78,235
20,000
0
00/0
390 - Other Financing Sources
501-0000-42207 Capital Contributions
187,320
0
0
0
0
0
0%
501-0000-43636 FMP Equipment Charges
1,191,750
1,664,000
1,664,000
1,248,000
1,664,000
0
0%
501-0000-45000 Sale of Other Assets
4,203
1,000
1,000
165,264
1,000
0
0%
390 - Other Financing Sources Totals:
1,383,273
1,665,000
1,665,000
1,413,264
1,665,000
0
00/0
0000 - Undesignated Totals:
1,308,557
1,685,000
1,685,000
1,491,980
1,685,000
0
00/0
FACILITY & FLEET REPLACEMENT Totals:
1,308,557
1,685,000
1,685,000
1,491,980
1,685,000
0
00/0
12
CITY OF LA QUINTA
SPECIAL FUND REVENUE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23 2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget YTD Activity*
Proposed
Current 22/23
Budget
502 - INFORMATION TECHNOLOGY
0000 - Undesignated
340 - Charges for Services
502-0000-43611 Technology Enhancemeni
27,451
20,000
20,000 29,335 I
20,000
0
0%
340 - Charges for Services Totals:
27,451
20,000
20,000 29,335
20,000
0
00/0
360 - Use of Money & Property
502-0000-41900 Allocated Interest 17,118 10,000 10,000 (1,458) 10,000 0 0%
502-0000-41910 GASB 31 Interest (68,589) 0 0 50,893 0 0 0%
360 - Use of Money & Property Totals: (51,471) 10,000 10,000 49,435 10,000 0 00/0
390 - Other Financing Sources
502-0000-43610 Technology Support Char 1,754,700 2,226,708 2,226,708 1,670,031 I 2,226,708 0 0%
390 - Other Financing Sources Totals: 1,754,700 2,226,708 2,226,708 1,670,031 2,226,708 0 00/0
0000 - Undesignated Totals: 1,730,680 2,256,708 2,256,708 1,748,801 2,256,708 0 00/0
W2 - INFORMATION TECHNOLOGY Totals: 1,730,680 2,256,708 2,256,708 1,748,801 2,256,708 0 00/0
503 - PARK EQUIP & FACILITY FUND
0000 - Undesignated
360 - Use of Money & Property
503-0000-41900 Allocated Interest
30,776
20,000
20,000
(2,385)
20,000
0
0%
503-0000-41910 GASB 31 Interest
(118,747)
0
0
83,246
0
0
0%
503-0000-42000 Insurance Recoveries
72,076
0
0
0
0
0
0%
360 - Use of Money & Property Totals:
(15,895)
20,000
20,000
80,862
20,000
0
00/0
390 - Other Financing Sources
503-0000-43620 Park Facility Charges 350,000 450,000 450,000 337,500 450,000 0 0%
503-0000-49500 Transfers In 0 0 633,000 0 0 (633,000) -100%
390 - Other Financing Sources Totals: 350,000 450,000 1,083,000 337,500 450,000 (633,000) -58%
0000 - Undesignated Totals: 334,105 470,000 1,103,000 418,362 470,000 (633,000) -57%
3 - PARK EQUIP & FACILITY FUND Totals: 334,105 470,000 1,103,000 418,362 470,000 (633,000) -57%
504-INSURANCE FUND
0000 - Undesignated
360 - Use of Money & Property
504-0000-41900 Allocated Interest 1,465 400 400 (273) 1,000 600 150%
504-0000-41910 GASB 31 Interest (12,969) 0 0 9,523 0 0 0%
360 - Use of Money & Property Totals: (11,505) 400 400 9,250 1,000 600 150%
390 - Other Financing Sources
504-0000-43637 Insurance Charges 1,010,000 1,020,000 1,020,000 765,000 I 1,117,000 97,000 10%
390 - Other Financing Sources Totals: 1,010,000 1,020,000 1,020,000 765,000 1,117,000 97,000 100/0
0000 - Undesignated Totals: 998,495 1,020,400 1,020,400 774,250 1,118,000 97,600 100/0
13
CITY OF LA QUINTA SPECIAL FUND REVENUE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22 2022/23 2022/23 2022/23 2023/24 23/24 vs. % Change in
Actuals Original Budget Current Budget YTD Activity* Proposed Current 22/23 Budget
504 - INSURANCE FUND Totals: 998,495 1,020,400 1,020,400 774,250 1,118,000 97,600 10%
760 - SUPPLEMENTAL PENSION PLAN
0000 - Undesignated
360 - Use of Money & Property
760-0000-41900 Allocated Interest
760-0000-41910 GASB 31 Interest
360 - Use of Money & Property Totals
671
2.789
500
500
(54)
1.875
1,000 500 100%
0 0 0%
(2,118) 500 500 1,821 1,000 500 1000/0
390 - Other Financing Sources
760-0000-49500 Transfers In 5,000 5,000 5,000 5,000 I 5,000 0 0%
390 - Other Financing Sources Totals: 5,000 5,000 5,000 5,000 5,000 0 00/0
0000 - Undesignated Totals
2,882 51500 51500 6,821 6,000 500 90/0
) - SUPPLEMENTAL PENSION PLAN Totals: 2,882 5,500 5,500 6,821 6,000 500 90/0
761 - CERBT OPEB TRUST
0000 - Undesignated
360 - Use of Money & Property
761-0000-41915 Non -Allocated Interest (257,076) 10,000 10,000 37,320 I 20,000 10,000 100%
360 - Use of Money & Property Totals: (257,076) 10,000 10,000 37,320 20,000 10,000 1000/0
0000 - Undesignated Totals: (257,076) 10,000 10,000 37,320 20,000 10,000 1000/0
761 - CERBT OPEB TRUST Totals: (257,076) 10,000 10,000 37,320 20,000 10,000 1000/0
762 - PARS PENSION TRUST
0000 - Undesignated
360 - Use of Money & Property
762-0000-41915 Non -Allocated Interest (1,184,653) 100,000 100,000 194,636 I 100,000 0 0%
360 - Use of Money & Property Totals: (1,184,653) 100,000 100,000 194,636 100,000 0 00/0
0000 - Undesignated Totals: (1,184,653) 100,000 100,000 194,636 100,000 0 00/0
762 - PARS PENSION TRUST Totals: (1,184,653) 100,000 100,000 194,636 100,000 0 00/0
14
CITY OF LA QUINTA SPECIAL FUND RECENUE NOTES FY 2023/24 PROPOSED BUDGET
REVENUE NOTES BY FUND NUMBER —
105 Disaster Recovery Fund This fund was created due to the Passage of the American
Rescue Plan Act (ARPA) in March 2021, the $1.9 trillion federal stimulus package, included
funding for local governments to address the health and economic impacts caused by the
pandemic. The City received a total of about $9.9 million in one-time Coronavirus State and
Local Fiscal Relief Funds. The funds were received as revenue replacement funds under the
Treasury's Final Rule and can be used for the provision of general government services.
201 Gas Tax Fund This fund includes both Highway Users Tax Account (HUTA) and Road
Maintenance & Rehabilitation Account (RMRA, also known as SB1) Revenues. The projections
are provided by the State and despite lower fuel consumption, scheduled rate increases
stipulated in SB1 have kept local allocations of revenue growing at a modest pace; current
estimates show total statewide local streets and roads allocations will grow by 11.4%. Streets
and Highways Code Sections 2103-2108 HUTA are allocated to counties and cities based on
designated allotments and population. Each May and January, the State provides revised
projections and the City adjusts revenue projections accordingly.
• Section 2105 allocates 11.5 percent of tax revenues in excess of 9 cents per gallon
monthly among cities based on population.
• Section 2106 revenues equal to 1.04 cent per gallon are allocated to the State
Bicycle Transportation Account (7.2 million per year), $400 per month to each City,
$800 per month to each County, and the residual amount is allocated to cities and
counties based on registered vehicles and population.
• Section 2107 provides monthly allocations to cities of 1.315 cents per gallon of
gasoline, 1.8 cents per gallon of diesel, and 2.59 cents per liquefied petroleum gas
allocated based on population.
• Section 2107.5 is residual revenue remaining after Sections 2103 - 2107 are
allocated to cities annually in July based on population ranges. A range of 25,000 to
49,999 residents receives $6,000.
• After State transportation debt service is paid, 44% of the remaining excise taxes are
evenly split between cities and counties using the current HUTA formulas. Section
2103 funds are allocated to cities on a per capita basis.
• This revenue source is derived from the Road Repair and Accountability Act of 2017
(SB1 Beall). On July 1, 2020, and every July 1 thereafter, the gasoline and diesel
fuel excise tax rates and vehicle registration taxes will be increasing by the change in
the California Consumer Price Index. SB1 funds are subject to a special annual audit
and a minimum annual maintenance of effort contribution for road improvements
paid from the General Fund, which is $1,786,109.
202 Library and Museum Fund operational revenues are derived from property taxes, which
are used to support activities of the Library, Museum, and MakerSpace.
203 Public Safety Fund revenue is derived from Measure G Sales Taxes for public safety
expenditures. There are no proposed transfers in for 2023/24.
210 Federal Assistance Fund revenues are derived from federal allocations for Community
Development Block Grants (CDBG); 15% can be used for public service projects and 85% for
public improvement or housing services.
15
CITY OF LA QUINTA SPECIAL FUND RECENUE NOTES FY 2023/24 PROPOSED BUDGET
212 SLESA COPS Fund revenues are derived from the State of California and are received for
law enforcement activities of the Riverside County's Sheriff's Department, also know as
Supplemental Law Enforcement Services Fund Activities (SLESA).
215 Lighting and Landscape Fund assessments are based on an annual assessment rate of
$35.60 per Equivalent Benefit Unit (EBU, which is generally one EBU per Single Family
Residence parcel), which was established in 1997 and remains unchanged. The district was
formed pursuant to the 1972 Act, which permits the establishment of assessment districts by
cities for the purpose of providing for the maintenance of certain public improvements. Changes
to the assessment rate are bound by Proposition 218 regulations. Each year the assessment
information is submitted to the County Auditor/Controller and included in property tax rolls. The
Fund is largely supported by the General Fund with transfer in contributions for operational
expenses.
220 Quimby Fund fees are established under Government Code Section 66477 which
predates the Mitigation Fee Act and authorizes a city or county to require dedication of land,
payment of fees in -lieu of dedication, or a combination of both, for park and recreational
purposes as a condition of approval of a residential subdivisions. These fees were last updated
on February 2, 2020 with an effective date of July 1, 2020 and an adjustment on July 1, 2021.
221 AB 939 CalRecycle Fund is used to account for franchise fees collected from the city
waste hauler that are used to reduce waste sent to landfills through recycling efforts. The City
has a Franchise Agreement with Burrtec Waste and Recycling Services, LLC effective July
2022 through June 2037.
223 Measure A Fund Revenue received is derived from a half -cent sales tax first passed by
voters in 1988 and extended by vote in 2002 to continue to fund transportation improvements
through 2039. Funds are distributed proportionately to three geographic areas based on the
sales tax collected within each. In the Coachella Valley, 50% goes to Highways & Regional
Arterials, 35% to Local Streets & Roads, and 15% to Public Transit.
225 Infrastructure Fund is being phased out and not subject to collection of future revenue
from developments.
226 Emergency Management Performance Fund revenues are received from the State
Homeland Security Grant Program to local governments to assist to further the State of
California's efforts to prepare for natural and man-made disasters and terrorism related impacts
to communities.
227 State Homeland Security Programs (SHSP) Fund revenue and expenditures are
recognized when grants are awarded. Funds are received from the State Homeland Security
Grant Program to local governments to assist to further the State of California's efforts to prepare
for natural and man-made disasters and terrorism related impacts to communities.
230 CASp, AB 1379 Fund SB 1186 revenue is derived from a $4 per business license renewal
fee and its purpose is to increase disability access and compliance with construction -related
accessibility requirements at businesses and facilities that are open to the public. The fee is
divided between the City, which retains 90 percent, and the Division of the State Architect
(DSA), which receives 10 percent.
im
CITY OF LA QUINTA SPECIAL FUND RECENUE NOTES FY 2023/24 PROPOSED BUDGET
235 South Coast Air Quality Fund revenues recognize contributions from the South Coast Air
Quality Management District. Uses are limited to the reduction and control of airborne pollutants.
241 Housing Authority Fund Second Silent Trust Deed Payments and Home/Land Sale
Proceeds vary from year-to-year. In FY 21/22, a purchase and sale agreement between the City
of La Quinta and the La Quinta Housing Authority for vacant parcels to be used for future
low/moderate affordable housing.
243 RDA Low -Mod Housing Fund The total 2023/24 former Redevelopment Agency loan
repayment is $3,437,076; as required under Redevelopment dissolution 20% or $687,415 will
be recognized in reserves within this Housing Fund.
247 Economic Development Fund revenues can be used for future economic development,
fiscal year 2023/24 revenues will be used for additional economic development outreach.
249 Successor Agency (SA) 2011 Low/Mod Bond Fund was used for the acquisition of the
vacant property located west of the Home Depot Center on Highway 111, on the northeast
corner of Highway 111 and Dune Palms Road proposed to be developed as an affordable
housing development with a connecting thoroughfare to CV Link. Remaining bond funds
continue to earn interest and are available for future housing projects.
250 Transportation Fees Fund are dependent upon new development. California Complete
Streets Act requires local governments in the state to address the transportation needs of all
users, including pedestrians, cyclists, and transit riders. These fees were last updated on
February 2, 2020 with an effective date of July 1, 2020 and an adjustment on July 1, 2021.
251 Park and Recreation DIF Fund fees are dependent upon new residential development.
Impact fees for parkland acquisition apply to residential projects not involving a subdivision, and
impact fees for construction of park improvements apply to all residential development projects.
Fees collected are used to provide additional parks to mitigate the impact of new development
in the City. These fees were last updated on February 2, 2020 with an effective date of July 1,
2020 and an adjustment on July 1, 2021.
252 Civic Center DIF Fund fees are dependent upon new development. The purpose of the
impact fee is to pay for new development' s proportionate share of the cost of providing Civic
Center facilities to serve residents and businesses in La Quinta. Impact fees will be used to pay
for future expansion of the Civic Center Campus. These fees were last updated on February 2,
2020 with an effective date of July 1, 2020 and an adjustment on July 1, 2021.
253 Library DIF Fund fees are dependent upon new residential development. Impact fees are
collected for the La Quinta Library, which is owned by the City of La Quinta and operated by the
Riverside County Library System. These fees were last updated on February 2, 2020 with an
effective date of July 1, 2020 and an adjustment on July 1, 2021.
254 Community and Cultural Center DIF Fund fees are dependent upon new residential
development. This fee was formerly known as the Community Centers impact fee. In 2020, the
scope of the fee was broadened to include cultural facilities such as the La Quinta Museum.
These fees were last updated on February 2, 2020 with an effective date of July 1, 2020 and an
adjustment on July 1, 2021.
17
CITY OF LA QUINTA SPECIAL FUND RECENUE NOTES FY 2023/24 PROPOSED BUDGET
255 Street Facility DIF Fund fees were dependent upon new development. An updated DIF
Study was adopted on February 4, 2020 with an effective date of July 1, 2020. The updated DIF
Study phased out the Street Facility DIF and the Park Facility DIF and replaced these fees with
one Maintenance Facilities DIF fee.
256 Park Facility DIF Fund fees were dependent upon new development. An updated DIF
Study was adopted on February 4, 2020 with an effective date of July 1, 2020. The updated DIF
Study phased out the Street Facility DIF and the Park Facility DIF and replaced these fees with
one Maintenance Facilities DIF fee.
257 Fire Facility DIF Fund fees are dependent upon new development. The City contracts with
the Riverside County Fire Department for fire protection, fire prevention, rescue, Fire Marshall
and medical emergency services. The City builds and owns the fire stations in La Quinta. Those
stations are part of an integrated system of fire protection facilities used by the Riverside County
Fire Department to provide fire protection to La Quinta and surrounding communities, including
unincorporated portions of the County. There are three existing fire stations in the City and
preliminary plans call for a fourth fire station to be constructed in or near the southeastern
quadrant of La Quinta. That station will be needed to provide an acceptable level of service to
development in that part of the City and in portions of unincorporated Riverside County. These
fees were last updated on February 2, 2020 with an effective date of July 1, 2020 and an
adjustment on July 1, 2021.
259 Maintenance Facilities Fund was created in FY 2020/21 after the updated DIF Study was
adopted on February 4, 2020 with an effective date of July 1, 2020. The updated DIF Study
phased out the Street Facility DIF and the Park Facility DIF and replaced these fees with one
Maintenance Facilities DIF fee. Fees are dependent upon new development and are used for
the corporate yard maintenance facilities and equipment needed to serve future development in
La Quinta.
270 Art in Public Places Fund transfers in are from the General Fund for operational
expenses. Fees are dependent upon new development. These fees require a separate study
from other development impact fees.
275 LQ Public Safety Officer Fund transfers in are from the General Fund. Annual transfer in
from General Fund; distributed to public safety officers disabled or killed in the line of duty.
310 LQ Finance Authority Debt Service Fund is used to account for the debt service that will
be used for the principal and interest payments of the Financing Authority's outstanding debt
and any related reporting requirements. The 1996 Civic Center Bond was paid off in October
2018, resulting in savings to the General Fund. An annual State Controller's Report and audit
are required.
401 Capital Improvement Programs Fund has large variances annually because of multi -year
project carryovers. A listing of 2023/24 projects is presented within the Capital Improvement
Fund expenditures.
501, 502, 503, and 504 Internal Services Funds in which revenues are largely derived from
the General Fund based on employee and equipment allocations by division.
601 SilverRock Resort Fund transfers in budget of $600,000 is derived from the General Fund
as a contribution for anticipated operational expenses.
18
CITY OF LA QUINTA SPECIAL FUND RECENUE NOTES FY 2023/24 PROPOSED BUDGET
760 Supplemental Pension Plan Fund transfers in are from the General Fund.
761 Supplemental Pension Plan Fund The City participates in the California Employers'
Retiree Benefit Trust (CERBT) for the purpose of accumulating funding for OPEB obligations.
The CERBT is a Section 115 Trust and is an agent multiple employer plan for those electing to
prefund OPEB obligations. Revenues in this fund can come from earnings on the portfolio or
additional contribution transfers in from the General Fund.
762 Pension Trust Fund In 2019, the City established a Section 115 Trust Agreement with
U.S. Bank National Association and Public Agency Retirement Services (PARS), Trust
Administrator. The Section 115 Trust was established to set aside monies to fund the City's
pension obligations. Contributions to the Section 115 Trust are irrevocable, the assets provide
benefits to plan members, and the assets are protected from creditors of the City. The purpose
of the Trust is to address the City's pension obligations by accumulating assets to reduce the
net pension liability. Revenues in this fund can come from earnings on the portfolio or additional
contribution transfers in from the General Fund.
19
THIS PAGE INTENTIONALLY LEFT BLANK
CITY OF LA QUINTA
LIBRARY & MUSEUM FUND EXPENSE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
0/b Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budget
202 - LIBRARY &
MUSEUM FUND
3004 - Library
50 - Salaries and
Benefits
202-3004-50101
Permanent Full Time
81,849
83,946
83,946
62,988
70,100
(13,846)
-16%
202-3004-50150
Other Compensation
0
60
60
0
0
(60)
-100%
202-3004-50200
PERS - City Portion
7,436
7,700
7,700
5,192
7,000
(700)
-9%
202-3004-50215
Other - Fringe Benefits
0
0
0
690
975
975
0%
202-3004-50221
Medical Insurance
12,167
18,600
18,600
9,164
13,100
(5,500)
-30%
202-3004-50222
Vision Insurance
136
0
0
82
0
0
0%
202-3004-50223
Dental Insurance
800
0
0
506
0
0
0%
202-3004-50224
Life Insurance
44
0
0
36
0
0
0%
202-3004-50225
Long Term Disability
428
1,000
1,000
338
500
(500)
-50%
202-3004-50230
Workers Comp Insurance
1,600
1,600
1,600
1,200
1,600
0
0%
202-3004-50240
Social Security Medicare
1,187
1,200
1,200
913
1,000
(200)
-17%
50 - Salaries and Benefits Totals:
105,647
114,106
114,106
81,110
94,275
(19,831)
-17%
60 - Contract Services
202-3004-60112 Landscape Contract
9,751
11,000
11,000
9,559
11,200
200
2%
202-3004-60114 County of Riverside - Libi
1,052,228
900,000
900,000
0
900,000
0
0%
202-3004-60115 Janitorial
32,609
38,500
38,500
29,066
45,000
6,500
17%
202-3004-60116 Pest Control
844
2,000
2,000
844
1,000
(1,000)
-50%
202-3004-60123 Security & Alarm
1,680
2,000
2,000
1,680
2,000
0
0%
60 - Contract Services Totals:
1,097,112
953,500
953,500
41,149
959,200
5,700
10/0
62 - Maintenance & Operations
202-3004-60420 Operating Supplies
164
120,000
120,000
501
120,000
0
0%
202-3004-60424 Materials- New Exhibits
0
5,000
5,000
514
5,000
0
0%
202-3004-60431 Materials/Supplies
0
0
0
0
10,000
10,000
0%
202-3004-60664 Fire Extinguisher Service
134
500
500
0
500
0
0%
202-3004-60665 Maint-Other Equipment
0
1,000
1,000
0
1,000
0
0%
202-3004-60667 HVAC
73,328
35,000
65,000
47,040
95,000
30,000
46%
202-3004-60691 Maintenance/Services
5,574
15,000
15,000
10,880
165,000
150,000
1,000%
396,500
190,000
92%
62 - Maintenance & Operations Totals: 79,200 176,500 206,500 58,935
66 - Utilities
202-3004-61100
Gas - Utilities
1,421
2,000
2,000
3,219
3,000
1,000
50%
202-3004-61101
Electricity - Utilities
61,038
60,000
60,000
43,419
60,000
0
0%
202-3004-61200
Water - Utilities
41
500
500
341
500
0
0%
66 - Utilities Totals:
62,500
62,500
62,500
46,979
63,500
1,000
2%
68 - Capital Expenses
202-3004-71020 Furniture
202-3004-72110 Building Improvements
68 - Capital Expenses Totals:
0 5,000 5,000 0 5,000 0 0%
0 0 0 0 150,000 150,000 0%
0 5,000 5,000 0 155,000 150,000 3,000%
20
CITY OF LA QUINTA
LIBRARY & MUSEUM FUND EXPENSE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
0/b Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budget
69 - Internal Service Charges
202-3004-91842 Liability Insurance & Clah
13,300
13,300
13,300
9,975
13,300
0
0%
202-3004-91843 Property & Crime Insurar
4,600
4,600
4,600
3,450
4,600
0
0%
202-3004-91844 Earthquake Insurance
10,700
10,700
10,700
8,025
10,700
0
0%
202-3004-98110 Information Tech Charge
14,300
17,300
17,300
12,975
17,300
0
0%
69 - Internal Service Charges Totals:
42,900
45,900
45,900
34,425
45,900
0
00/0
3004 - Library Totals: 1,387,359 1,357,506 1,387,506 262,598 1,714,375 326,869 24%
3006 - Museum
60 - Contract Services
202-3006-60105
Museum Operations
202-3006-60112
Landscape Contract
202-3006-60115
Janitorial
202-3006-60116
Pest Control
202-3006-60123
Security & Alarm
60 - Contract Services Totals:
62 - Maintenance & Operations
202-3006-60122
Credit Card Fees
202-3006-60420
Operating Supplies
202-3006-60431
Materials/Supplies
202-3006-60664
Fire Extinguisher Service
202-3006-60665
Maint-Other Equipment
202-3006-60667
HVAC
202-3006-60691
Maintenance/Services
62 - Maintenance & Operations Totals;
66 - Utilities
202-3006-61101
Electricity - Utilities
202-3006-61200
Water - Utilities
202-3006-61300
Telephone - Utilities
66 - Utilities Totals:
69 - Internal Service Charges
202-3006-91842 Liability Insurance & Clah
202-3006-91843 Property & Crime Insurar
202-3006-91844 Earthquake Insurance
202-3006-98110 Information Tech Charge
69 - Internal Service Charges Totals:
99 - Transfers Out
202-3006-99900 Transfers Out
99 - Transfers Out Totals
195,000
215,000
215,000
123,561
215,000
0
0%
2,034
3,000
3,000
1,991
3,500
500
17%
8,725
12,800
12,800
9,134
15,000
2,200
17%
559
800
800
593
800
0
0%
2,340
2,500
2,500
2,579
2,500
0
0%
208,658
234,100
234,100
137,858
236,800
2,700
10/0
0
1,000
1,000
0
1,000
0
0%
1,915
15,000
15,000
3,032
5,000
(10,000)
-67%
0
0
0
0
7,500
7,500
0%
154
500
500
0
500
0
0%
0
5,000
5,000
0
0
(5,000)
-100%
21,600
11,000
21,000
9,159
21,000
0
0%
15,532
15,000
15,000
26,199
7,500
(7,500)
-50%
39,201
47,500
57,500
38,390
42,500
(15,000)
-26%
15,876
14,000
14,000
12,421
17,000
3,000
21%
2,186
2,500
2,500
2,691
3,500
1,000
40%
1,510
1,700
1,700
1,315
1,700
0
0%
19,572
18,200
18,200
16,426
22,200
4,000
22%
23,150
23,150
23,150
17,362
23,150
0
0%
8,000
8,000
8,000
6,000
8,000
0
0%
14,000
14,000
14,000
10,500
14,000
0
0%
10,000
10,000
10,000
7,500
10,000
0
0%
55,150
55,150
55,150
41,362
55,150
0
00/0
58,295
0
2,816,705
110,855
I 0
(2,816,705)
-100%
58,295
0
2,816,705
110,855
0
(2,816,705)
-1000/0
3006 - Museum Totals: 380,875 354,950 3,181,655 344,892 356,650 (2,825,005) -89%
3009 - MakerSpace Operations
60 - Contract Services
21
CITY OF LA QUINTA
FY 2023/24 PROPOSED BUDGET
2022/23 2023/24 23/24 vs. % Change
Activit * Pro osed Bud et Current 22 23 in Budqet
202-3009-60105 Makerspace Operations 145,479 180,190 180,190 77,684 180,190 0 00/0
202-3009-60122 Credit Card Fees 605 500 500 820 1,000 500 1000/0
60 - Contract Services Totals: 146,084 180,690 180,690 78,504 181,190 500 00/0
LIBRARY & MUSEUM FUND EXPENSE DETAIL
2021/22 2022/23 2022/23
62 - Maintenance & Operations
202-3009-60420 Operating Supplies 62 10,000 10,000 0 10,000 0 0%
202-3009-60424 Materials - New Exhibits 0 1,000 1,000 0 1,000 0 0%
62 - Maintenance & Operations Totals: 62 11,000 11,000 0 11,000 0 00/0
65 - Repair & Maintenance
202-3009-60691 Maintenance/Services 2,519 5,000 5,000 0 I 5,000 0 0%
65 - Repair & Maintenance Totals: 2,519 5,000 5,000 0 5,000 0 00/0
68 - Capital Expenses
202-3009-80100 Machinery & Equipment 1,331 0 0 0 I 0 0 0%
68 - Capital Expenses Totals: 1,331 0 0 0 0 0 00/0
3009 - MakerSpace Operations Totals: 1
196,690 196,690 78,504 197,190 500 00/0
202 - LIBRARY & MUSEUM FUND Totals: 1,918,230 1,909,146 4,765,851 685,994 2,268,215 (2,497,636) -52%
22
CITY OF LA QUINTA LIBRARY & MUSEUM FUND EXPENSE NOTES FY 2023/24 PROPOSED BUDGET
Fund: 202 - LIBRARY & MUSEUM FUND
202-3004-50101 Permanent Full Time 70,100.00
15% - Community Resources Director (70% Community
Resources Admin, 15% Fire Fund)
20% - Community Resources Manager (40% Community
Resources Admin, 40% Wellness Center Operations)
20% - Community Resources Analyst (80% Community
Resources Admin)
202-3004-60112 Landscape Contract 11,200.00
For Library facility
202-3004-60114 County of Riverside - Library 900,000.00
Library services and programs are contracted with the County
of Riverside through June 30, 2024
202-3004-72110 Building Improvements 150,000.00
Painting exterior of library
202-3006-60112 Landscape Contract 3,500.00
For Museum facility
23
CITY OF LA QUINTA GAS TAX FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budget
201 - GAS TAX FUND
7003 - Streets
50 - Salaries and
Benefits
201-7003-50101
Permanent Full Time
219,131
287,640
287,640
218,545
300,600
12,960
5%
201-7003-50105
Salaries - Overtime
428
2,500
2,500
0
2,500
0
0%
201-7003-50106
Standby
5,681
7,500
7,500
7,486
10,000
2,500
33%
201-7003-50107
Standby Overtime
9,976
10,000
10,000
14,016
15,000
5,000
50%
201-7003-50150
Other Compensation
379
0
0
1,064
0
0
0%
201-7003-50200
PERS-City Portion
20,584
30,100
30,100
25,084
35,000
4,900
16%
201-7003-50215
Other Fringe Benefits
0
0
0
3,450
6,500
6,500
0%
201-7003-50221
Medical Insurance
79,266
123,800
123,800
98,132
119,600
(4,200)
-3%
201-7003-50222
Vision Insurance
1,413
0
0
1,401
0
0
0%
201-7003-50223
Dental Insurance
6,055
0
0
6,369
0
0
0%
201-7003-50224
Life Insurance
273
0
0
279
0
0
0%
201-7003-50225
Long Term Disability
1,134
1,800
1,800
1,277
1,900
100
6%
201-7003-50230
Workers Comp Insurance
10,500
10,500
10,500
7,875
10,500
0
0%
201-7003-50240
Social Security -Medicare
4,251
4,100
4,100
4,764
4,200
100
2%
201-7003-50241
Social Security- FICA
1,689
0
0
1,944
0
0
0%
201-7003-50251
Temporary
27,017
150,000
150,000
85,339
50,000
(100,000)
-67%
50 - Salaries and Benefits Totals:
387,777
627,940
627,940
477,023
555,800
(72,140)
-110/0
60 - Contract Services
201-7003-60103 Professional Services 3,200 3,300 3,300 4,152 3,300 0 0%
201-7003-60141 Street Striping 108 20,000 20,000 18 20,000 0 0%
60 - Contract Services Totals: 3.308 23.300 23.300 4.170 23.300 0 00/0
62 - Maintenance & Operations
201-7003-60427
Safety Gear
201-7003-60428
Barricades
201-7003-60429
Traffic Control Signs
201-7003-60430
Asphalt
201-7003-60431
Materials/Supplies
201-7003-60433
Paint/Legends
201-7003-60672
Storm Drains
201-7003-60690
Uniforms
62 - Maintenance & Operations Totals
4,486
6,000
6,000
4,288
10,000
4,000
67%
2,483
5,000
5,000
0
5,000
0
0%
39,354
30,000
30,000
31,233
30,000
0
0%
1,280
10,000
10,000
3,023
15,000
5,000
50%
10,037
40,000
40,000
11,149
40,000
0
0%
950
5,000
5,000
5,745
8,500
3,500
70%
0
5,000
5,000
0
5,000
0
0%
5,168
4,000
4,000
2,069
6,000
2,000
50%
63,758 105,000 105,000 57,508 119,500 14,500 14%
66 - Utilities
201-7003-61101 Electricity - Utilities 8,109 9,000 9,000 8,174 I 9,000 0 0%
66 - Utilities Totals: 8,109 9,000 9,000 8,174 9,000 0 00/0
68 - Capital Expenses
201-7003-61701 Equipment Rental
1,203
5,000
5,000
6,514
5,000
0
0%
201-7003-72111 Road Improvements
17,569
0
0
0
0
0
0%
201-7003-80100 Machinery & Equipment
0
300,000
300,000
0
150,000
(150,000)
-50%
68 - Capital Expenses Totals:
18,773
305,000
305,000
6,514
155,000
(150,000)
-49%
24
CITY OF LA QUINTA GAS TAX FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
69 - Internal Service Charges
201-7003-98110 Information Tech Charge
95,400
115,000
115,000
86,250
115,000
0
0%
201-7003-98140 Facility &Fleet Maintenar
425,700
561,900
561,900
421,425
561,900
0
0%
69 - Internal Service Charges Totals:
521,100
676,900
676,900
507,675
676,900
0
00/0
99 - Transfers Out
201-7003-99900 Transfers Out 482,614 940,211 1,956,659 87,606 I 917,400 (1,039,259) -53%
99 - Transfers Out Totals: 482,614 940,211 1,956,659 87,606 917,400 (1,039,259) -53%
7003 - Streets Totals: 1,485,438 2,687,351 3,703,799 1,148,669 2,456,900 (1,246,899) -34%
201 - GAS TAX FUND Totals: 1,485,438 2,687,351 3,703,799 1,148,669 2,456,900 (1,246,899) -34%
25
CITY OF LA QUINTA GAS TAX FUND EXPENSE NOTES FY 2023/24 PROPOSED BUDGET
Fund: 201 - GAS TAX FUND
201-7003-50101 Permanent Full Time
100% - Maintenance Foreman
100% - Maintenance Worker II (2)
100% - Maintenance Worker I (2)
201-7003-60103 Professional Services
300,600.00
3,300.00
Annual State report and audit requirement
201-7003-60141 Street Striping 20,000.00
Citywide street striping updates as needed
201-7003-60429 Traffic Control Signs 30,000.00
Replace street signs as needed and temporary signage for
special events
201-7003-60431 Materials/Supplies 40,000.00
Used to purchase supplies and materials for repairs and
maintenance projects that are generally completed by City staff
201-7003-80100 Machinery & Equipment 150,000.00
Backhoe replacement
201-7003-99900 Transfers Out
917,400.00
CIP - Ave 50 Widening (Jefferson St to Madison St)
CIP - Washington Street (Ave 50 to Calle Tampico)
Amount
439,400
478,000
26
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CITY OF LA QUINTA
LIGHTING & LANDSCAPING FUND EXPENSE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budget
215 - LIGHTING & LANDSCAPING FUND
7004 - Lighting
& Landscaping
50 - Salaries and
Benefits
215-7004-50101
Permanent Full Time
185,506
185,436
185,436
154,335
219,265
33,829
18%
215-7004-50105
Salaries - Overtime
1,814
0
0
386
500
500
0%
215-7004-50106
Standby
6,131
7,500
7,500
8,191
10,000
2,500
33%
215-7004-50107
Standby Overtime
25,137
25,000
25,000
24,883
25,000
0
0%
215-7004-50150
Other Compensation
50
240
240
0
0
(240)
-100%
215-7004-50200
PERS-City Portion
15,399
15,600
15,600
10,727
16,000
400
3%
215-7004-50215
Other Fringe Benefits
0
0
0
2,500
3,900
3,900
0%
215-7004-50221
Medical Insurance
52,124
74,300
74,300
40,188
83,500
9,200
12%
215-7004-50222
Vision Insurance
557
0
0
351
0
0
0%
215-7004-50223
Dental Insurance
2,849
0
0
1,693
0
0
0%
215-7004-50224
Life Insurance
163
0
0
161
0
0
0%
215-7004-50225
Long Term Disability
1,003
1,200
1,200
821
1,300
100
8%
215-7004-50230
Workers Comp Insurance
6,300
6,300
6,300
4,725
6,300
0
0%
215-7004-50240
Social Security -Medicare
3,181
2,700
2,700
2,748
3,100
400
15%
50 - Salaries and Benefits Totals:
300,214
318,276
318,276
251,708
368,865
50,589
16%
60 - Contract Services
215-7004-60102 Administration
215-7004-60104 Consultants
215-7004-60112 Landscape Contract
215-7004-60143 SilverRock Way Landscaf
60 - Contract Services Totals:
62 - Maintenance & Operations
215-7004-60320
Travel & Training
215-7004-60420
Operating Supplies
215-7004-60423
Supplies -Graffiti and Van
215-7004-60427
Safety Gear
215-7004-60431
Materials/Supplies
215-7004-60432
Tools/Equipment
215-7004-60673
Palm Trees
215-7004-60690
Uniforms
215-7004-60691
Maintenance/Services
62 - Maintenance & Operations Totals:
66 - Utilities
215-7004-61116
Electric - Utilities
215-7004-61117
Electric - Medians - Utiliti
215-7004-61211
Water - Medians - Utilitie
66 - Utilities Totals;
69 - Internal Service Charges
215-7004-98110 Information Tech Charge
215-7004-98140 Facility & Fleet Maintenar
69 - Internal Service Charges Totals:
15,308
15,000
15,000
11,111
15,500
500
3%
68,006
72,800
72,800
66,703
80,000
7,200
10%
783,976
911,400
911,400
768,955
980,000
68,600
8%
65,786
65,000
65,000
54,517
65,000
0
0%
933,076
1,064,200
1,064,200
901,286
1,140,500
76,300
7%
935
500
500
322
500
0
0%
2,843
15,000
15,000
5,980
15,000
0
0%
10,940
10,000
10,000
3,971
10,000
0
0%
1,168
2,000
2,000
1,790
2,000
0
0%
226,958
500,000
657,000
180,758
500,000
(157,000)
-24%
4,572
2,500
2,500
2,733
3,000
500
20%
5,380
8,000
8,000
3,880
8,000
0
0%
1,396
1,000
1,000
1,433
1,500
500
50%
165,771
100,000
100,000
163,470
150,000
50,000
50%
419,962
639,000
796,000
364,337
690,000
(106,000)
-13%
82,591
75,000
75,000
71,708
80,000
5,000
7%
37,421
35,000
35,000
28,979
40,000
5,000
14%
243,580
200,000
200,000
228,174
215,000
15,000
8%
363,592
310,000
310,000
328,862
335,000
25,000
80/0
57,200
69,000
69,000
51,750
69,000
0
0%
34,100
64,900
64,900
48,675
64,900
0
0%
91,300
133,900
133,900
100,425
133,900
0
00/0
27
CITY OF LA QUINTA
LIGHTING & LANDSCAPING FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22 2022/23 2022/23 2022/23 2023/24 23/24 vs. % Change
Actuals Original Budget Current Budget YTD Activity* Proposed Budget Current 22/23 in Budget
7004 - Lighting & Landscaping Totals: 2,108,145 2,465,376 2,622,376 1,946,619 2,668,265 45,889 2%
LIGHTING & LANDSCAPING FUND Totals: 2,108,145 2,465,376 2,622,376 1,946,619 2,668,265 45,889 2%
28
CITY OF LA QUINTA LIGHTING & LANDSCAPING FUND EXPENSE NOTES FY 2023/24 PROPOSED BUDGET
Fund: 215 - LIGHTING & LANDSCAPING FUND
215-7004-50101 Permanent Full Time
219, 265.00
50% - Parks/L&L Foreman (50% Parks Maintenance)
50% - Management Analyst (50% Parks Maintenance)
50% - Maintenance Worker II (50% Parks Maintenance)
50% - Maintenance Worker I (3) (50% Parks Maintenance)
215-7004-60102
Administration 15,500.00
Annual required report for LLD
215-7004-60104
Consultants 80,000.00
Lighting contract
215-7004-60112
Landscape Contract 980,000.00
Citywide landscape contract
215-7004-60320
Travel & Training 500.00
Safety training
215-7004-60431
Materials/Supplies 500,000.00
Median landscape improvements and turf removal
$500,000 approved as part of the 5-year CIP Program
215-7004-60432
Tools/Equipment 3,000.00
Used for all tools and equipment (other than capital
expenditures) including small hand tools and/or power tools
such as drills, blowers, saws, etc.
29
THIS PAGE INTENTIONALLY LEFT BLANK
CITY OF LA QUINTA
FY 2023/24 PROPOSED BUDGET
1 - Housing Authority
3 - RDA Low -Mod Housing
9 - SA 2011 Low/Mod Bond
Total Revenues
RDA Loan Repayment
HOUSING AUTHORITY 2023/24 BUDGET SUMMARY
1,451,500
1,451,500
20,000
20,000
25,000
1,412,009 1,387,009
1,496,500
2,883,509 1,387,009
F7q qqF
F A qAF -
1,401,500
(50,000)
-3%
30,000
10,000
50%
36,000
(1,376,009)
-97%
1,467,500
(1,416,009)
-49%
Housing Fund Expenditures 2022/23
Original 2022/23
Current Variance
Original 2023/24 Proposed Variance
vs. Current vs.
Current % Change
Proposed
241 - Housing Authority
1,712,670
1,712,670
1,559,467
(153,203) -9%
243 - RDA Low -Mod Housing
250,000
305,000
(55,000) 250,000
(55,000) -18%
249 - SA 2011 Low/Mod Bond
20,000
3,644,192
(3,394,192) -93%
Total Expenditures
i
i
i
Budget Surplus/(Deficit)
187,766
(2,104,417)
(2,182,183) 95,448
CITY OF LA QUINTA ESTIMATED ENDING FUND BALANCES
FISCAL YEAR ENDING JUNE 30, 2fl23
ESTIMATED
AVAILABLE
ESTIMATED
FUND
ENDING FUND
FUND
BALANCE
ESTIMATED
ESTIMATED
BALANCE
#
FUND NAME
July 1, 2023
REVENUES
EXPENDITURES
Ju , 2024
241
HOUSING AUTHORITY FUND
12.000.000
1,401,500
1.559.4-67
11,842,G33
24Y
RDA LOW -MOD HOUSING FUND
3,000,000
717,415
250.000
31467 415
249
SA 2011 LOW/MOD BOND
800.000
36.000
250.000
586.000
G
154,915
2,059,467
5,448
x General Fund and RDA Low -Mod Housing Fund estimates are for unappropriated reserves and included annual
Successor Agency loan repayments as approved with the last and final recognized obligation payment schedule. The
repayment for FY 2.023124 is $687,415.
30
CITY OF LA QUINTA
HOUSING AUTHORITY REVENUE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23 2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget YTD Activity*
Proposed
Current 22/23
Budget
241 - HOUSING AUTHORITY
9101 - Housing Authority - Admin
340 - Charges for Services
241-9101-42301 Miscellaneous Revenue
226
0
0 0 I
0
0
0%
340 - Charges for Services Totals:
226
0
0 0
0
0
00/0
360 - Use of Money & Property
241-9101-41900 Allocated Interest
99,822
100,000
100,000
(7,689)
150,000
50,000
50%
241-9101-41910 GASB 31 Interest
(385,817)
0
0
268,385
0
0
0%
241-9101-41915 Non -Allocated Interest
430
500
500
0
500
0
0%
241-9101-42706 Loan Repayments
96,215
0
0
102,185
0
0
0%
241-9101-43504 2nd Trust Deed Repayment
130,179
100,000
100,000
50,253
100,000
0
0%
241-9101-45000 Sale of Other Assets
367,078
200,000
200,000
0
0
(200,000)
-100%
360 - Use of Money & Property Totals:
307,908
400,500
400,500
413,134
250,500
(150,000)
-37%
101 - Housing Authority - Admin Totals: 308,134 400,500 400,500 413,134 250,500 (150,000) -37%
9102 - Housing Authority - Wash St Apt:
340 - Charges for Services
241-9102-42305 Miscellaneous Reimburse (1,820) 0 0 0 I 0 0 0%
340 - Charges for Services Totals: (1,820) 0 0 0 0 0 00/0
lousing Authority - Wash St Apts Totals: (1,820) 0 0 0 0 0 0%
9103 - Housing Authority - LQRP
360 - Use of Money & Property
241-9103-43502 Rent Revenue/LQRP 306,372 300,000 300,000 300,706 I 350,000 50,000 17%
360 - Use of Money & Property Totals: 306,372 300,000 300,000 300,706 350,000 50,000 17%
9103 - Housing Authority - LQRP Totals: 306,372 300,000 300,000 300,706 350,000 50,000 17%
9104 - Dune Palms Mobile Estates
360 - Use of Money & Property
241-9104-42112 Rent Revenue/Tenant/Du
241-9104-42302 Miscellaneous Revenue/C
360 - Use of Money & Property Totals:
791,261 750,000 750,000 682,079 800,000
0 1,000 1,000 0 1,000
50,000 7%
0 0%
791,261 751,000 751,000 682,079 801,000 50,000 7%
104 - Dune Palms Mobile Estates Totals: 791,261 751,000 751,000 682,079 801,000 50,000 7%
241 - HOUSING AUTHORITY Totals: 1,403,947 1,451,500 1,451,500 1,395,919 1,401,500 (50,000) -30/o
243 - RDA LOW -MOD HOUSING FUND
0000 - Undesignated
360 - Use of Money & Property
243-0000-41900 Allocated Interest 24,081 20,000 20,000 (2,155) 30,000 10,000 50%
243-0000-41910 GASB 31 Interest (102,401) 0 0 75,210 0 0 0%
360 - Use of Money & Property Totals: (78,320) 20,000 20,000 73,055 30,000 10,000 500/0
31
CITY OF LA QUINTA HOUSING AUTHORITY REVENUE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23 2022/23
2023/24
23/24 vs.
% Change in
Actuals
Original Budget
Current Budget YTD Activity*
Proposed
Current 22/23
Budget
370 - Miscellaneous
243-0000-48500 Extraordinary Gain 121,903
0
0 0 I
0
0
0%
370 - Miscellaneous Totals: 121,903
0
0 0
0
0
00/0
0000 - Undesignated Totals: 43,583 20,000 20,000 73,055 30,000 10,000 500/0
243 - RDA LOW -MOD HOUSING FUND Totals: 43,583 20,000 20,000 73,055 30,000 10,000 500/0
249 - SA 2011 LOW/MOD BOND FUND (Re
0000 - Undesignated
340 - Charges for Services
249-0000-42301 Miscellaneous Revenue 0 0 0 1,106 I 0 0 0%
340 - Charges for Services Totals: 0 0 0 1,106 0 0 00/0
360 - Use of Money & Property
249-0000-41900 Allocated Interest
5,494
5,000
5,000
(544)
6,000
1,000
20%
249-0000-41910 GASB 31 Interest
(26,759)
0
0
25,881
0
0
0%
249-0000-41915 Non -Allocated Interest
29,442
20,000
20,000
31,172
30,000
10,000
50%
360 - Use of Money & Property Totals:
8,177
25,000
25,000
56,509
36,000
11,000
44%
390 - Other Financing Sources
249-0000-49500 Transfers In 0 0 1,387,009 0 I 0 (1,387,009) -100%
390 - Other Financing Sources Totals: 0 0 1,387,009 0 0 (1,387,009) -1000/0
0000 - Undesignated Totals: 8,177 25,000 1,412,009 57,615 36,000 (1,376,009) -97%
BOND FUND (Refinanced in 2016) Totals: 8,177 25,000 1,412,009 57,615 36,000 (1,376,009) -97%
The Housing Authority budget invests in programs and projects that preserve and increase the supply of affordable housing in the City.
241 Housing Authority Fund: Second Trust Deed Payments and Home Sale Proceeds vary from year-to-year. Additional repayment of silent second
trust deeds are recognized upon receipt.
241-9101-45000, Sale of Other Assets revenues in FY 2021/2022 reflects the purchase and sale agreement between the City of La Quinta and the
La Quinta Housing Authority for vacant parcels to be used for future low/moderate affordable housing.
243 RDA Low -Mod Housing Fund: The 2023/24 former Redevelopment Agency loan repayment of $687,415 will be recognized in reserves within this
Fund.
249 Successor Agency (SA) 2011 Low/Mod Bond Fund was used for the acquisition of the vacant property located west of the Home Depot Center on
Highway 111, on the northeast corner of Highway 111 and Dune Palms Road proposed to be developed as an affordable housing development with a
connecting thoroughfare to CV Link. Remaining bond funds continue to earn interest and are available for future housing projects.
32
CITY OF LA QUINTA HOUSING AUTHORITY
HOUSING AUTHORITY EXPENSE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budget
241 - HOUSING AUTHORITY
9101 - Housing Authority - Admin
50 - Salaries and Benefits
241-9101-50101 Permanent Full Time
252,219
278,970
278,970
248,586
305,327
26,357
9%
241-9101-50105 Salaries - Overtime
172
0
0
0
0
0
0%
241-9101-50110 Commissions & Boards
550
1,800
1,800
400
1,800
0
0%
241-9101-50150 Other Compensation
103
200
200
84
200
0
0%
241-9101-50200 PERS-City Portion
20,432
24,200
24,200
19,507
28,000
3,800
16%
241-9101-50215 Other Fringe Benefits
2,000
0
0
4,415
3,640
3,640
0%
241-9101-50221 Medical Insurance
44,830
69,300
69,300
42,846
67,000
(2,300)
-3%
241-9101-50222 Vision Insurance
415
0
0
348
0
0
0%
241-9101-50223 Dental Insurance
2,337
0
0
2,277
0
0
0%
241-9101-50224 Life Insurance
151
0
0
159
0
0
0%
241-9101-50225 Long Term Disability
1,320
1,700
1,700
1,433
1,800
100
6%
241-9101-50230 Workers Comp Insurance
5,900
5,900
5,900
4,425
5,900
0
0%
241-9101-50240 Social Security -Medicare
3,697
4,000
4,000
3,639
4,200
200
5%
241-9101-50241 Social Security -FICA
66
0
0
50
0
0
0%
50 - Salaries and Benefits Totals:
334,191
386,070
386,070
328,168
417,867
31,797
8%
60 - Contract Services
241-9101-60103 Professional Services
241-9101-60106 Auditors
241-9101-60153 Attorney
60 - Contract Services Totals
74,532
5,000
15,792
60,000
5,000
60,000
5,000
20,000
57,777
3,780
75,000 15,000 25%
5,000 0 0%
20,000 0 0%
95,324 85,000 85,000 72,220 100,000 15,000 180/0
62 - Maintenance & Operations
241-9101-60320 Travel & Training 0 1,000 1,000 293 1,000 0 0%
241-9101-60420 Operating Supplies 94 2,000 2,000 61 2,000 0 0%
62 - Maintenance & Operations Totals: 94 3,000 3,000 354 3,000 0 00/0
69 - Internal Service Charges
241-9101-91843 Property & Crime Insurar
241-9101-91844 Earthquake Insurance
241-9101-98110 Information Tech Charge
69 - Internal Service Charges Totals:
8,100 8,100 8,100 6,075
16,100 16,100 16,100 12,075
53,400 64,400 64,400 48,300
8,100 0 0%
16,100 0 0%
64,400 0 0%
77,600 88,600 88,600 66,450 88,600 0 00/0
101 - Housing Authority - Admin Totals: 507,209 562,670 562,670 467,192 609
97 8%
9103 - Housing Authority - LQRP
62 - Maintenance & Operations
241-9103-60157 Rental Expenses 251,793 250,000 250,000 641,364 I 300,000 50,000 20%
62 - Maintenance & Operations Totals: 251,793 250,000 250,000 641,364 300,000 50,000 20%
9103 - Housing Authority - LQRP Totals: 251,793 250,000 250,000 641,364 300,000 50,000 20%
9104 - Dune Palms Mobile Estates
60 - Contract Services
241-9104-60103 Professional Services 101,257 100,000 100,000 98,515 I 100,000
33
0%
CITY OF LA QUINTA HOUSING AUTHORITY
HOUSING AUTHORITY EXPENSE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24 23/24 vs. % Change
Actuals
Original Budget
Current Budget
YTD Activity*
Pro osed Budget Current 22 23 in Budqet
241-9104-60157 Rental Expense 360,523
300,000
300,000
354,699
350,000 50,000 17%
60 - Contract Services Totals: 461,780
400,000
400,000
453,214
450,000 50,000 13%
68 - Capital Expenses
241-9104-72110 Building/Site Improveme 0 500,000 500,000 66,728 I 200,000 (300,000) -60%
68 - Capital Expenses Totals: 0 500,000 500,000 66,728 200,000 (300,000) -60%
104 - Dune Palms Mobile Estates Totals: 461,780 900,000 900,000 519,943 650,000 (250,000) -28%
241 - HOUSING AUTHORITY Totals: 1,220,781 1,712,670 1,712,670 1,628,499 1,559,467 (153,203) -90/0
241 Housing Authority Fund: These funds are used to account for the housing activities of the Housing Authority which are to promote and provide quality
affordable housing.
34
CITY OF LA QUINTA HOUSING AUTHORITY HOUSING AUTHORITY EXPENSE NOTES FY 2023/24 PROPOSED BUDGET
Fund: 241 - HOUSING AUTHORITY
241-9101-50101 Permanent Full Time
305,327.00
20% - City Manager (80% City Manager)
10% - Finance Director (90% Finance)
10% - City Clerk (90% City Clerk)
40% - Director- Business Unit & Housing Development (60% City Manager)
60% - Management Analyst (40% Information Technology Fund)
60% - Management Specialist (40% City Manager)
80% - Management Assistant (20% City Manager)
Housing Authority Member Stipends (5)
Housing Commissioner Stipends
241-9101-60103 Professional Services 75,000.00
Housing compliance services
241-9101-60320 Travel & Training 1,000.00
For housing related training and staff development
241-9103-60157 Rental Expenses 300,000.00
Expenses associated with 28 homes owned by the Authority
which are located in the La Quinta Cove
241-9104-60103 Professional Services 100,000.00
For residential property management services at Dune Palms
Mobile Estates
241-9104-60157 Rental Expense 350,000.00
Expenses associated with 102 units owned by the Authority
which are located in North La Quinta
35
CITY OF LA QUINTA HOUSING AUTHORITY
HOUSING AUTHORITY EXPENSE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24 23/24 vs. % Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget Current 22/23 in Budget
243 - RDA LOW -MOD HOUSING FUND
0000 - Undesignated
64 - Other Expenses
243-0000-60532 Homelessness Assistance
50,700
250,000
305,000
255,000 I
250,000 (55,000) -18%
64 - Other Expenses Totals:
50,700
250,000
305,000
255,000
250,000 (55,000) -18%
0000 - Undesignated Totals: 50,700 250,000 305,000 255,000 250,000 (55,000) -18%
3 - RDA LOW -MOD HOUSING FUND Totals: 50,700 250,000 305,000 255,000 250,000 (55,000) -18%
243 RDA Low -Mod Housing Fund: The 2023/24 former Redevelopment Agency loan repayment of $687,415 will be recognized in reserves within this Fund.
These funds are used to account for the housing activities of the Housing Authority which are to promote and provide quality affordable housing.
36
CITY OF LA QUINTA HOUSING AUTHORITY
HOUSING AUTHORITY EXPENSE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budget
249 - SA 2011 LOW/MOD BOND FUND (Re
0000 - Undesignated
68 - Capital Expenses
249-0000-74010 Land Acquisition
8,631,040
0
3,624,192
50,000
0
(3,624,192)
-100%
249-0000-80050 Affordable Housing Proje
25,035
20,000
20,000
12,290
250,000
230,000
1,150%
68 - Capital Expenses Totals:
8,656,075
20,000
3,644,192
62,290
250,000
(3,394,192)
-93%
0000 - Undesignated Totals: 8,656,075 20,000 3,644,192 62,290 250,000 (3,394,192) -93%
BOND FUND (Refinanced in 2016) Totals: 8,656,075 20,000 3,644,192 62,290 250,000 (3,394,192) -93%
249 Successor Agency Bond Fund: These funds are restricted per individual bond covenants and were used for the acquisition of the vacant property located
west of the Home Depot Center on Highway 111, on the northeast corner of Highway 111 and Dune Palms Road. This property is proposed to be developed as
an affordable housing development with a connecting thoroughfare to CV Link. Remaining funds are available for future housing projects. For FY 2023/24,
budget will be used for investment in design and development of projects.
37
CITY OF LA QUINTA FINANCE AUTHORITY EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23 2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity* Proposed Budget
Current 22/23
in Budget
310 - LQ FINANCE AUTHORITY DEBT SERI
0000 - Undesignated
60 - Contract Services
310-0000-60181 Contract Services Fees
1,100
1,100
1,100
0 I 1,100
0
0%
60 - Contract Services Totals:
1.100
1.100
1.100
0 11100
0
0%
0000 - Undesignated Totals: 1,100 1,100 1,100 0 1,100 0 0%
NANCE AUTHORITY DEBT SERVICE Totals: 1,100 1,100 1,100 0 1,100 0 0%
Contract Services fee: Annual State Controller's report and audit requirement
38
THIS PAGE INTENTIONALLY LEFT BLANK
CITY OF LA QUINTA
FY 2023/24 PROPOSED BUDGET
The SilverRock Golf Resort Fund will be presented to City Council on June 20, 2023.
39
THIS PAGE INTENTIONALLY LEFT BLANK
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
203 - PUBLIC SAFETY FUND (MEASURE G)
0000 - Undesignated
99 - Transfers Out
203-0000-99900 Transfers Out
195,415
0
0
14,085 I
0
0
0%
99 - Transfers Out Totals:
195,415
0
0
14.085
0
0
00/0
0000 - Undesignated Totals: 195,415 0 0 14,085 0 0 00/0
UBLIC SAFETY FUND (MEASURE G) Totals: 195,415 0 0 14,085 0 0 00/0
40
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
210 - FEDERAL ASSISTANCE FUND
0000 - Undesignated
60 - Contract Services
210-0000-60135 CDBG Public Service Grai
1,530
20,000
20,000
3,315 I
20,000
0
0%
60 - Contract Services Totals:
1.530
20.000
20.000
3.315
20.000
0
0%
99 - Transfers Out
210-0000-99900 Transfers Out 0 132,600 319,977 169,546 I 136,300 (183,677) -57%
99 - Transfers Out Totals: 0 132,600 319,977 169,546 136,300 (183,677) -57%
0000 - Undesignated Totals: 1,530 152,600 339,977 172,861 156,300 (183,677) -54%
210 - FEDERAL ASSISTANCE FUND Totals: 1,530 152,600 339,977 172,861 156,300 (183,677) -54%
41
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
212 - SLESA (COPS) FUND
0000 - Undesignated
60 - Contract Services
212-0000-60178 COPS Robbery Preventioi
6,217
10,000
10,000
10,379
10,000
0
0%
212-0000-60179 COPS Burglary/Theft Pre
34,620
90,000
90,000
56,930
90,000
0
0%
60 - Contract Services Totals:
40,837
100,000
100,000
67,309
100,000
0
0%
0000 - Undesignated Totals: 40,837 100,000 100,000 67,309 100,000 0 0%
212 - SLESA (COPS) FUND Totals: 40,837 100,000 100,000 67,309 100,000 0 0%
42
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23 2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity* Proposed Budget
Current 22/23
in Budqet
220 - QUIMBY FUND
0000 - Undesignated
99 - Transfers Out
220-0000-99900 Transfers Out
713,669
0
466,967
0 I 0
(466,967)
-100%
99 - Transfers Out Totals:
713,669
0
466,967
0 0
f466,9671
-1000/0
0000 - Undesignated Totals: 713,669 0 466,967 0 0 (466,967) -1000/0
220 - QUIMBY FUND Totals: 713,669 0 466,967 0 0 (466,967) -1000/0
43
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
221 - AB 939 - CALRECYCLE FUND
0000 - Undesignated
60 - Contract Services
221-0000-60127 AB 939 Recycling Solutio
109,742
150,000
150,000
113,299 I
150,000
0
0%
60 - Contract Services Totals:
109,742
150,000
150.000
113.299
150.000
0
0%
68 - Capital Expenses
221-0000-71031 Vehicles, Purchased 0 0 0 37,580 I 0 0 0%
68 - Capital Expenses Totals: 0 0 0 37,580 0 0 0%
0000 - Undesignated Totals: 109,742 150,000 150,000 150,879 150,000 0 0%
221 - AB 939 - CALRECYCLE FUND Totals: 109,742 150,000 150,000 150,879 150,000 0 0%
44
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
223 - MEASURE A FUND
0000 - Undesignated
64 - Other Expenses
223-0000-60510 Signal Knockdowns, Cont
45,918
0
0
33,703 I
0
0
0%
64 - Other Expenses Totals:
45,918
0
0
33,703
0
0
00/0
99 - Transfers Out
223-0000-99900 Transfers Out 395,454 3,882,000 5,843,145 2,019,207 I 1,865,000 (3,978,145) -68%
99 - Transfers Out Totals: 395,454 3,882,000 5,843,145 2,019,207 1,865,000 (3,978,145) -68%
0000 - Undesignated Totals: 441,372 3,882,000 5,843,145 2,052,910 1,865,000 (3,978,145) -68%
223 - MEASURE A FUND Totals: 441,372 3,882,000 5,843,145 2,052,910 1,865,000 (3,978,145) -68%
45
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
226 - EMERGENCY MANAGEMENT PERFOR
0000 - Undesignated
62 - Maintenance & Operations
226-0000-60432 Tools/Equipment
9,750
12,000
12,000
25,055 I
12,000
0
0%
62 - Maintenance & Operations Totals:
9,750
12,000
12,000
25,055
12,000
0
00/0
0000 - Undesignated Totals: 9,750 12,000 12,000 25,055 12,000 0 00/0
NT PERFORMANCE GRANT (EMPG) Totals: 9,750 12,000 12,000 25,055 12,000 0 00/0
46
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
227 - STATE HOMELAND SECURITY PROGI
0000 - Undesignated
60 - Contract Services
227-0000-60320 Travel & Training
0
5,000
5,000
4,312 I
5,000
0
0%
60 - Contract Services Totals:
0
5,000
51000
4,312
5,000
0
00/0
62 - Maintenance & Operations
227-0000-60432 Tools/Equipment 4,896 0 0 0 I 0 0 0%
62 - Maintenance & Operations Totals: 4,896 0 0 0 0 0 00/0
0000 - Undesignated Totals: 4,896 5,000 5,000 4,312 5,000 0 00/0
%ND SECURITY PROGRAMS (SHSP) Totals: 4,896 5,000 5,000 4,312 5,000 0 00/0
47
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23 2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity* Proposed Budget
Current 22/23
in Budqet
230 - CASp FUND, AB 1379
0000 - Undesignated
60 - Contract Services
230-0000-60320 Travel & Training
0
2,500
2,500
0 I 2,500
0
0%
60 - Contract Services Totals:
0
2,500
2,500
0 2,500
0
0%
64 - Other Expenses
230-0000-60480 Contributions to State Ag 1,870 2,000 2,000 0 I 2,000 0 0%
64 - Other Expenses Totals: 1,870 2,000 2,000 0 2,000 0 0%
68 - Capital Expenses
230-0000-90020 Service & Supply 0 1,000 1,000 0 I 1,000 0 0%
68 - Capital Expenses Totals: 0 1,000 1,000 0 1,000 0 0%
0000 - Undesignated Totals: 1,870 5,500 5,500 0 5,500 0 0%
230 - CASp FUND, AB 1379 Totals: 1,870 5,500 5,500 0 5,500 0 0%
48
CITY OF LA QUINTA
SPECIAL FUND EXPENSE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23 2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity* Proposed Budget
Current 22/23
in Budqet
235 - SO COAST AIR QUALITY FUND
0000 - Undesignated
60 - Contract Services
235-0000-60186 CVAG
39,593
39,000
39,000
0 I 39,000
0
0%
60 - Contract Services Totals:
39,593
39.000
39,000
0 39,000
0
0%
66 - Utilities
235-0000-61101 Electricity - Utilities 7,705 7,500 7,500 11,728 I 15,000 7,500 100%
66 - Utilities Totals: 7,705 7,500 7,500 11,728 15,000 7.500 100%
0000 - Undesignated Totals: 47,298 46,500 46,500 11,728 54,000 7,500 16%
35 - SO COAST AIR QUALITY FUND Totals: 47,298 46,500 46,500 11,728 54,000 7,500 16%
49
CITY OF LA QUINTA
SPECIAL FUND EXPENSE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
247 - ECONOMIC DEVELOPMENT FUND
0000 - Undesignated
60 - Contract Services
247-0000-60320 Travel & Training
6,580
6,500
6,500
999
6,500
0
0%
247-0000-60351 Membership Dues
0
5,000
5,000
2,000
5,000
0
0%
60 - Contract Services Totals:
6,580
11,500
11,500
2,999
11,500
0
00/0
64 - Other Expenses
247-0000-60461 Marketing & Tourism Proi
10,263
10,000
10,000
0 I
20,000
10,000
100%
64 - Other Expenses Totals:
10,263
10,000
10,000
0
20,000
10,000
1000/0
99 - Transfers Out
247-0000-99900 Transfers Out
50,000
0
0
0 I
0
0
0%
99 - Transfers Out Totals:
50,000
0
0
0
0
0
00/0
0000 - Undesignated Totals:
66,843
21,500
21,500
2,999
31,500
10,000
47%
- ECONOMIC DEVELOPMENT FUND Totals:
66,843
21,500
21,500
2,999
31,500
10,000
47%
50
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
250 - TRANSPORTATION DIF FUND
0000 - Undesignated
68 - Capital Expenses
250-0000-80105 Developer Reimbursemer
400,000
400,000
400,000
400,000 I
400,000
0
0%
68 - Capital Expenses Totals:
400,000
400,000
400,000
400,000
400,000
0
00/0
99 - Transfers Out
250-0000-99900 Transfers Out 0 100,000 1,516,757 3,605 I 150,000 (1,366,757) -90%
99 - Transfers Out Totals: 0 100,000 1,516,757 3,605 150,000 (1,366,757) -90%
0000 - Undesignated Totals: 400,000 500,000 1,916,757 403,605 550,000 (1,366,757) -71%
150 - TRANSPORTATION DIF FUND Totals: 400,000 500,000 1,916,757 403,605 550,000 (1,366,757) -71%
51
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
251 - PARKS & REC DIF FUND
0000 - Undesignated
99 - Transfers Out
251-0000-99900 Transfers Out
0
500,000
500,000
13,602 I
650,000
150,000
30%
99 - Transfers Out Totals:
0
500,000
500,000
13,602
650,000
150,000
30%
0000 - Undesignated Totals: 0 500,000 500,000 13,602 650,000 150,000 30%
251 - PARKS & REC DIF FUND Totals: 0 500,000 500,000 13,602 650,000 150,000 30%
52
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23 2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity* Proposed Budget
Current 22/23
in Budqet
252 - CIVIC CENTER DIF FUND
0000 - Undesignated
99 - Transfers Out
252-0000-99900 Transfers Out
0
250,000
250,000
0 I 0
(250,000)
-100%
99 - Transfers Out Totals:
0
250,000
250,000
0 0
f250,0001
-100%
0000 - Undesignated Totals: 0 250,000 250,000 0 0 (250,000) -100%
252 - CIVIC CENTER DIF FUND Totals: 0 250,000 250,000 0 0 (250,000) -100%
53
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23 2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity* Proposed Budget
Current 22/23
in Budqet
253 - LIBRARY DEVELOPMENT DIF
0000 - Undesignated
68 - Capital Expenses
253-0000-83500 Advance Interest Expens
11,112
15,000
15,000
0 I 15,000
0
0%
68 - Capital Expenses Totals:
11,112
15,000
15,000
0 15,000
0
00/0
0000 - Undesignated Totals: 11,112 15,000 15,000 0 15,000 0 00/0
253 - LIBRARY DEVELOPMENT DIF Totals: 11,112 15,000 15,000 0 15,000 0 00/0
54
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23 2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity* Proposed Budget
Current 22/23
in Budqet
254 - COMMUNITY & CULTURAL CENTERS
0000 - Undesignated
99 - Transfers Out
254-0000-99900 Transfers Out
0
0
125,000
0 I 0
(125,000)
-100%
99 - Transfers Out Totals:
0
0
125,000
0 0
(125,0001
-1000/0
0000 - Undesignated Totals: 0 0 125,000 0 0 (125,000) -1000/0
1UNITY & CULTURAL CENTERS DIF Totals: 0 0 125,000 0 0 (125,000) -1000/0
55
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23 2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity* Proposed Budget
Current 22/23
in Budqet
259 - MAINTENANCE FACILITIES DIF FUN
0000 - Undesignated
99 - Transfers Out
259-0000-99900 Transfers Out
0
0
0
0 I 180,000
180,000
0%
99 - Transfers Out Totals:
0
0
0
0 180,000
180.000
00/0
0000 - Undesignated Totals: 0 0 0 0 180,000 180,000 00/0
NTENANCE FACILITIES DIF FUND Totals: 0 0 0 0 180,000 180,000 00/0
56
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
270 - ART IN PUBLIC PLACES FUND
0000 - Undesignated
64 - Other Expenses
270-0000-60482 Operating Supplies
0
2,000
2,000
1,072 I
8,000
6,000
300%
64 - Other Expenses Totals:
0
2,000
2,000
1,072
8,000
6,000
300%
65 - Repair & Maintenance
270-0000-60683 APP Maintenance 54,817 75,000 75,000 58,553 I 75,000 0 0%
65 - Repair & Maintenance Totals: 54,817 75,000 75,000 58,553 75,000 0 00/0
68 - Capital Expenses
270-0000-74800 Art Purchases 53,253 100,000 136,700 48,347 I 150,000 13,300 10%
68 - Capital Expenses Totals: 53,253 100,000 136,700 48,347 150,000 13,300 100/0
99 - Transfers Out
270-0000-99900 Transfers Out 12,678 0 212,465 75 I 0 (212,465) -100%
99 - Transfers Out Totals: 12,678 0 212,465 75 0 (212,4651 -1000/0
0000 - Undesignated Totals: 120,748 177,000 426,165 108,047 233,000 (193,165) -45%
70 - ART IN PUBLIC PLACES FUND Totals: 120,748 177,000 426,165 108,047 233,000 (193,165) -45%
57
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23 2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity* Proposed Budget
Current 22/23
in Budqet
405 - SA PA 1 CAPITAL IMPRV FUND
0000 - Undesignated
99 - Transfers Out
405-0000-99900 Transfers Out
1,128,751
0
0
0 I 0
0
0%
99 - Transfers Out Totals:
1.128.751
0
0
0 0
0
00/0
0000 - Undesignated Totals: 1,128,751 0 0 0 0 0 00/0
15 - SA PA 1 CAPITAL IMPRV FUND Totals: 1,128,751 0 0 0 0 0 00/0
58
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
760 - SUPPLEMENTAL PENSION PLAN
0000 - Undesignated
50 - Salaries and Benefits
760-0000-50199 Annual PARS Contribution
12,833
12,850
12,850
12,833 I
12,850
0
0%
50 - Salaries and Benefits Totals:
12,833
12,850
12,850
12,833
12,850
0
00/0
0000 - Undesignated Totals: 12,833 12,850 12,850 12,833 12,850 0 00/0
) - SUPPLEMENTAL PENSION PLAN Totals: 12,833 12,850 12,850 12,833 12,850 0 00/0
59
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
761 - CERBT OPEB TRUST
0000 - Undesignated
60 - Contract Services
761-0000-60102 Administration
1,722
1,500
1,500
1,140 I
1,800
300
20%
60 - Contract Services Totals:
1,722
1.500
1,500
1,140
1,800
300
20%
0000 - Undesignated Totals: 1,722 1,500 1,500 1,140 1,800 300 20%
761 - CERBT OPEB TRUST Totals: 1,722 1,500 1,500 1,140 1,800 300 20%
60
CITY OF LA QUINTA SPECIAL FUND EXPENSE DETAIL FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
% Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
762 - PARS PENSION TRUST
0000 - Undesignated
60 - Contract Services
762-0000-60102 Administration
59,382
55,000
55,000
43,211 I
30,000
(25,000)
-45%
60 - Contract Services Totals:
59,382
55,000
55,000
43,211
30,000
(25,000)
-45%
99 - Transfers Out
762-0000-99900 Transfers Out 0 0 5,000,000 5,000,000 I 0 (5,000,000) -100%
99 - Transfers Out Totals: 0 0 5,000,000 5,000,000 0 (5,000,000) -1000/0
0000 - Undesignated Totals: 59,382 55,000 5,055,000 5,043,211 30,000 (5,025,000) -99%
762 - PARS PENSION TRUST Totals: 59,382 55,000 5,055,000 5,043,211 30,000 (5,025,000) -99%
61
CITY OF LA QUINTA SPECIAL FUND EXPENSE NOTES FY 2023/24 PROPOSED BUDGET
EXPENSE NOTES BY FUND NUMBER —
201 Gas Tax Fund Transfers Out for CIP — Avenue 50 Widening Improvements from Jefferson
Street to Madison Street of $439,400 and Washington Street Sidewalk Improvements from
Avenue 50 to Calle Tampico of $478,000.
203 Public Safety Fund There are no transfers out for CIP proposed for FY 2023/24.
210 Federal Assistance Fund Transfers Out for CIP — City Hall miscellaneous interior ADA
improvements. This is a continuation of implementing ADA improvements at City parks,
buildings, intersection curb ramps and sidewalks based upon the City's ADA Transition Plan
Report. Expenses include the Boys and Girls Club Fee Waiver Reduction Program (CDBG) in
the amount of $20,000.
212 Federal Assistance Fund There are no changes for expenditures from FY 2022/23,
expenses include COPS robbery and burglary/theft prevention.
220 Quimby Fund does not have Capital Improvement project funding allocated in FY 2023/24.
221 AB 939 CalRecycle Fund is used for recycling solutions at schools & City parks.
223 Measure A Fund Transfers Out for CIP — Avenue 58 Pavement Rehabilitation from
Jefferson Street to Madison Street of $1,380,000; X Park Pedestrian Signal on Dune Palms
Road between X Park and La Quinta High School of $250,000; and Citywide traffic signal
maintenance improvements of $235,000.
225 Infrastructure Fund is a Development Impact Fee Fund used for capital improvements. No
additional projects are anticipated in FY 2023/24.
226 Emergency Management Performance Grant (EMPG) Fund expenses are for
emergency operations center (EOC).
227 State Homeland Security Programs (SHSP) Fund expenses are for Community
Emergency Response Team (CERT) training.
230 CASp, AB 1379 Fund expenses are for training for Americans with Disability guidelines
and a pass -through payment of 10% to the State Architect Office based a $4 per business
license tax.
235 South Coast Air Quality Fund expenses are for an agreement between CVAG and
member jurisdictions which contribute 75% of AB2766 South Coast Air Quality Management
District (AQMD) revenues.
247 Economic Development Fund There are no transfers out for CIP proposed for FY
2023/24. Expenses are for general economic development activities.
250 Transportation DIF Fund Transfers Out are for CIP - Avenue 52 and Monroe Street traffic
signal which includes construction of a new traffic signal in coordination with the City of Indio
and County of Riverside.
62
CITY OF LA QUINTA SPECIAL FUND EXPENSE NOTES FY 2023/24 PROPOSED BUDGET
251 Parks & Rec DIF Fund Transfers Out are for CIP — La Quinta Parks Phase 1 which entails
park improvements at the La Quinta Sports Complex, Colonel Mitchell Paige Sports Fields, and
La Quinta Park. The existing facilities at these park locations need extensive various
improvements, and the project will be completed in coordination with Desert Sand Unified
School District.
252 Civic Center DIF Fund is a Development Impact Fee Fund used for capital improvements.
No additional projects are anticipated in FY 2023/24.
253 Library Development DIF Fund Advance Interest Expense is for outstanding Successor
Agency loan repayment.
254 Community & Cultural Centers DIF Fund is a Development Impact Fee Fund used for
capital improvements. No additional projects are anticipated in FY 2023/24.
255, 256, and 257, and 259 Development Impact Fee Funds are used for capital
improvements. For Fund 259, Transfers Out are for CIP — Maintenance and Operations Yard
which will be used to complete the preliminary engineering and design phase for the
Maintenance and Operations Yard improvements.
270 Art in Public Places Fund (APP) covers the maintenance contract, updated inventory of
all art in public places, internal city inspections and engineering services for new art
installations.
405 SA PA 1 Capital Improvement Fund Bond proceeds designated for SilverRock Way
improvements.
760 Supplemental Pension Plan Fund Annual PARS Trust Contribution is for one plan
member as established in 2012.
761 CERBT Other Post Employment Benefit (OPEB) Trust Fund— The City participates in the
California Employers' Retiree Benefit Trust (CERBT) for the purpose of accumulating funding for
OPEB obligations. The CERBT is a Section 115 Trust and is an agent multiple employer plan for
those electing to prefund OPEB obligations. Expenses in this fund can come from losses on the
portfolio and fees paid to administer the portfolio.
762 PARS Pension Trust Fund — In 2019, the City established a Section 115 Trust Agreement
with U.S. Bank National Association and Public Agency Retirement Services (PARS), Trust
Administrator. The Section 115 Trust was established as a means to set aside monies to fund the
City's pension and OPEB obligations. Contributions to the Section 115 Trust are irrevocable, the
assets are dedicated to providing benefits to plan members, and the assets are protected from
creditors of the City. The purpose of the Trust is to address the City's pension obligations by
accumulating assets to reduce the net pension liability. Expenses in this fund can come from
losses on the portfolio and fees paid to administer the portfolio.
63
CITY OF LA QUINTA
CAPITAL IMPROVEMENT PROGRAM EXPENSE DETAIL
FY 2023/24 PROPOSED BUDGET
2021/22
2022/23
2022/23
2022/23
2023/24
23/24 vs.
0/b Change
Actuals
Original Budget
Current Budget
YTD Activity*
Proposed Budget
Current 22/23
in Budqet
401 - CAPITAL IMPROVEMENT PROGRAMS
0000 - Undesignated
60 - Contract Services
401-0000-60103 Professional Services
396,965
1,134,209
3,310,006
353,498
587,678
(2,722,328)
-82%
401-0000-60108 Technical
36,513
825,985
6,479,717
107,330
1,054,888
(5,424,829)
-84%
401-0000-60185 Design
390,391
1,387,169
4,880,501
413,829
1,099,694
(3,780,807)
-77%
401-0000-60188 Construction
5,549,330
8,565,767
54,441,969
9,675,599
13,962,310
(40,479,659)
-74%
60 - Contract Services Totals:
6,373,199
11,913,130
69,112,192
10,550,255
16,704,570
(52,407,622)
-76%
62 - Maintenance & Operations
401-0000-60510 Contingency
0
1,223,681
5,883,313
0 I
1,246,130
(4,637,183)
-79%
62 - Maintenance & Operations Totals:
0
1,223,681
5,883,313
0
1,246,130
(4,637,183)
-79%
64 - Other Expenses
401-0000-60480 Contributions to Other Ac
35,981
0
593,006
0 I
0
(593,006)
-100%
64 - Other Expenses Totals:
35,981
0
593,006
0
0
(593,006)
-1000/0
68 - Capital Expenses
401-0000-74010 Land Acquisition
1,464
0
2,591,435
33,757 I
0
(2,591,435)
-100%
68 - Capital Expenses Totals:
1,464
0
2,591,435
33,757
0
(2,591,435)
-1000/0
0000 - Undesignated Totals: 6,410,644 13,136,811 78,179,947 10,584,012 17,950,700 (60,229,247) -77%
WITAL IMPROVEMENT PROGRAMS Totals: 6,410,644 13,136,811 78,179,947 10,584,012 17,950,700 (60,229,247) -77%
64
CITY OF LA QUINTA CAPITAL IMPROVEMENT PROGRAM EXPENSE NOTES FY 2023/24 PROPOSED BUDGET
Fund: 401 - CAPITAL IMPROVEMENT PROGRAMS
401-0000-49500 Transfers In
14,950,700.00
CDBG Funds- Citywide Misc. ADA Improvements
DIF Maint & Facilties- Maint & Operations Yard
DIF Parks & Rec- La Quinta Parks Phase 1
DIF Transportation- Ave 52 Monroe (Traffic Siqnal)
Equip Replacement Fund- CPM Plan Improvements
General Fund- ADA Accessible Ramps
General Fund- Citywide Drainaqe Enhancements
General Fund- Fritz Burns Park Improvements
General Fund- PMP Street Improvements
General Fund- Sidewalk Improvements
General Fund- Silverrock Dust Control
General Fund- X Park Buildinq ADA Improvements
Measure A- Ave 58 Pavement Rehab
Measure A- Citywide Traffic Siqnal Improvements
Measure A- X Park Pedestrian Siqnal
Measure G- Avenue 48 Art & Music Line
Measure G- Fritz Burns Park Improvements
Measure G- Highway 111 Corridor Plan Improvemen
Measure G- Highway 111 Event Site
Measure G- Washington St Connector- Art & Music
SB 1 Road Maint/Rehab- Ave 50 & 52
Amount
-136,300
-180,000
-650,000
-150,000
-50,000
-20,000
-477,000
-1,000,000
-1,500,000
-55,000
-1,000,000
-350,000
-1,380,000
-235,000
-250,000
-2,400,000
-1,500,000
-1,000,000
-500,000
-1,200,000
-917,400
65
CITY OF LA QUINTA
FY 2023/24 PROPOSED BUDGET
FUND TYPE - GENERAL FUND
101 - GENERAL FUND - The primary fund of the City used to account for all revenue and
expenditures of the City not legally restricted as to use. A broad range of municipal activities are
provided through this fund including City Manager, City Attorney, Finance, City Clerk, Community
Development, Public Safety (Police and Fire), Public Works, and Community Services.
FUND TYPE - SPECIAL REVENUE FUNDS
105 — DISASTER RECOVERY FUND — This fund was created to recognize one-time federal
funding passed by Congress in 2021, an act designed to deliver relief to American workers and aid
in economic recovery in the wake of COVID-19 by providing Coronavirus state and local fiscal
recovery funds for state and local governments.
201 - GASOLINE TAX FUND - To account for gasoline sales tax allocations received from the
State of California. These revenues are restricted by the State to expenditures for street related
purposes only.
202 - LIBRARY AND MUSEUM FUND —This fund accounts for the revenues from property taxes
generated for library and museum services.
203 - PUBLIC SAFETY FUND — General Fund Measure G sales tax revenue set aside for public
safety expenditures.
210 - FEDERAL ASSISTANCE FUND - This fund is used to account for revenues from the
Community Development Block Grant (CDBG) received from the federal government and the
expenditures of those resources.
212 — CITIZENS FOR PUBLIC SAFETY (COPS) FUND - This fund is used to account for State of
California funds received for law enforcement activities of the Riverside County Sheriff's
Department, also known as Supplemental Law Enforcement Services Fund (SLESF).
215 — LIGHTING AND LANDSCAPE FUND — This fund accounts for special assessments levied
on real property and the expenditure therefore from city-wide lighting and landscape maintenance
and improvements.
220 - QUIMBY FUND - This fund is used to account for the accumulation of developer fees
received under the provisions of the Quimby Act for park development and improvements. Capital
projects to be funded from this source will be budgeted and expended in a separate Capital
Projects Fund.
221 - AB 939 CAL -RECYCLE FUND - This fund is used to account for franchise fees collected
from the city waste hauler that are used to reduce waste sent to landfills through recycling efforts.
..,
CITY OF LA QUINTA FY 2023/24 PROPOSED BUDGET
• •CONTINUED .0
223 - MEASURE A FUND — In 1988, Riverside County voters approved a half cent sales tax,
known as Measure A, to fund a variety of highway improvements, local street and road
maintenance, commuter assistance and specialized highway transit projects. This fund is used to
collect this tax and pursuant to the provision of Measure A, it is restricted for local street and road
expenditures.
226 — EMERGENCY MANAGEMENT PERFORMANCE FUND — Revenue received from the
California Office of Emergency Services (CalOES) and restricted for emergency operations center
(EOC) materials and trainings.
227 — STATE HOMELAND SECURITY PROGRAM (SHSP) FUND — Revenue received from the
State Homeland Security Grant Program to local governments to assist to further the State of
California's efforts to prepare for natural and man-made disasters and terrorism related impacts to
communities.
230 — CASp FUND, AB 1379 — This fund was established as required under Assembly Bill 1379
and Senate Bill 1186 for the collection of the annual $4.00 business license accessibility fee.
Funds shall be utilized for expenses related to enhancing accessibility requirements.
235 - SOUTH COAST AIR QUALITY FUND - This fund is used to account for contributions from
the South Coast Air Quality Management District. Uses are limited to the reduction and control of
airborne pollutants.
244 — HOUSING GRANTS - This fund is used to account for housing related grants as required by
outside agencies for reporting purposes.
247 — ECONOMIC DEVELOPMENT FUND — This fund accounts for revenues and expenditures
related to proceeds from sale of City owned land and future economic development.
270 - ART IN PUBLIC PLACES - This fund accounts for development fees paid in lieu of
acquisition and installation of approved artworks in a development with expenditures restricted to
acquisition, installation, maintenance, and repair of artworks at approved sites.
275 — PUBLIC SAFETY OFFICERS FUND - This fund may be used for payments to survivors of
deceased police or fire personnel serving the City of La Quinta.
241 and 243 HOUSING AUTHORITY - These funds are used to account for the housing activities
of the Housing Authority which are to promote and provide quality affordable housing.
249 SUCESSOR AGENCY BOND FUNDS - This fund is restricted per individual bond covenants.
405 — SUCCESSOR AGENCY PROJECT AREA 1 CAPITAL IMPROVEMENT FUNDS — This
fund is restricted per individual bond covenants.
760 -SUPPLEMENTAL PENSION PLAN FUND —This fund is a defined contribution pension plan
established by the City to provide retirement excess benefits to general employees of the City.
67
CITY OF LA QUINTA
FY 2023/24 PROPOSED BUDGET
I
761 — OTHER POST EMPLOYMENT BENEFIT (OPEB) TRUST — The City participates in the
California Employers' Retiree Benefit Trust (CERBT) for the purpose of accumulating funding for
OPEB obligations. The CERBT is a Section 115 Trust and is an agent multiple employer plan for
those electing to prefund OPEB obligations.
762 — PENSION TRUST FUND — In 2019, the City established a Section 115 Trust Agreement
with U.S. Bank National Association and Public Agency Retirement Services (PARS), Trust
Administrator. The Section 115 Trust was established as a means to set aside monies to fund the
City's pension and OPEB obligations. Contributions to the Section 115 Trust are irrevocable, the
assets are dedicated to providing benefits to plan members, and the assets are protected from
creditors of the City. The purpose of the Trust is to address the City's pension obligations by
accumulating assets to reduce the net pension liability.
FUND TYPE — DEBT SERVICE FUND
310 - FINANCING AUTHORITY, DEBT SERVICE - This fund is used to account for the debt
service that will be used for the principal and interest payments of the Financing Authority's
outstanding debt and any related reporting requirements.
FUND TYPE - CAPITAL PROJECTS FUNDS
225 - INFRASTRUCTURE FEE FUND - This fund is used to account for the accumulation of
resources, provided through developer fees for the acquisition, construction or improvement of the
City's infrastructure as defined by Resolution. Capital projects to be funded from this source will
be budgeted and expended in a separate Capital Projects Fund.
250 — TRANSPORTATION DIF, 251 - PARK & RECREATION DIF, 252 - CIVIC CENTER DIF,
253 - LIBRARY COMMUNITY CENTER, 254 — COMMUNITY CENTER DIF, 255 - STREET
FACILITIY DIF, 256 - PARK FACILITY DIF, 257 - FIRE DIF FUNDS, AND 259 — MAINTENANCE
FACILITIES DIF FUND- These funds are used to account for developer impact fees collected for
specific public improvements and may not be utilized for ongoing operational expenses.
401 - CAPITAL PROJECTS FUND — This fund is used to account for the planning, design, and
construction of various capital projects throughout the City of La Quinta.
FUND TYPE - INTERNAL SERVICE FUNDS
501 - FACILITY AND FLEET REPLACEMENT FUND - This fund is used to account for the
ultimate replacement of city owned and operated vehicles, heavy equipment, and facilities.
502 - INFORMATION TECHNOLOGY FUND - This fund is used to account for the ultimate
replacement of city owned and operated computer hardware, software and computer maintenance
and operations.
68
CITY OF LA QUINTA
FY 2023/24 PROPOSED BUDGET
503 - PARK EQUIPMENT & FACILITIES FUND - This fund is used to account for the replacement
of city owned and operated park equipment and facilities.
504 — INSURANCE FUND — This fund is used to account for the city's insurance coverages.
FUND TYPE — ENTERPRISE FUNDS
601 - SILVERROCK GOLF COURSE FUND - This account is used to account for the activities of
the SilverRock Golf course.
602 - SILVERROCK GOLF COURSE RESERVE FUND - This fund is used to account for golf
course reserves for future capital improvements of the SilverRock Golf course.
69
DEPARTMENTAL REPORT ITEM NO.1
City of La Qu i nta
FINANCIAL ADVISORY COMMISSION MEETING
DEPARTMENT REPORT
TO: Members of the Financial Advisory Commission
FROM: Claudia Martinez, Finance Director
DATE: June 7, 2023
SUBJECT: FINANCE DEPARTMENT CURRENT AND FUTURE INITIATIVES
In addition to items presented as staff reports, the Finance Department would like
to provide updates on the following matters.
AUDIT & FINANCIAL REPORTING
• Citywide Comprehensive fiscal year 2021/22 Audit — in final review phase
COMMITTEE UPDATES
• FY 2023/24 General Fund Operating Budget (Commissioners Mast and
Way)
o The FY 2023/24 budget process is in process by City staff and
management. Initial requests and projections have been entered into
the financial system and study sessions at public meetings are
underway.
o The subcommittee has met and discussed the budget process and
general fund revenue projections. FAC subcommittee
recommendations will be presented to Council at the June 20, 2023
meeting.
• 10-Year Projection Task Force (Commissioners Anderson, Batavick, and
Dorsey)
o Conducted initial meeting on January 20, 2023
o Additional meetings to be scheduled in July after budget adoption
• Auditing Services Selection Committee
o Review committee will be selected at the August meeting
• Financial Statement and Audit training to be scheduled for entire
Commission
CITY COMMISSIONER SEATS
• Available City Commissioner Seats:
o Financial Advisory Commission - 2 Seats
o Planning Commission -4 Seats
o Community Services Commission - 2 Seats
o Housing Commission — 1 Seat
o Coachella Valley Conservation Commission Trails Management
Subcommittee - 1 Seat
• All Seats are for a three-year term ending June 30, 2026
• Interviews will be conducted by the City Council/Housing Authority on June
20, 2023, at 5:00 p.m.
It is important to note the items mentioned in this update are in addition to the daily
functions of the Finance Department, which include, but are not limited to, staff
report writing/review, payroll, accounts payable, accounts receivable, revenue
processing, journal entries, capital accounting, project accounting, purchasing,
investing, cash/treasury management, bank reconciliations, budgeting, research
and analysis, staff training and development, and general financial support for all
City departments.
HAND OUTS
FAC
SPECIAL
MEETING
DUNE 71 2023
BUSINESS SESSION ITEM NO. 1 - HANDOUT 1
DISCUSS FISCAL YEAR 2023/24 PRELIMINARY PROPOSED BUDGET AND APPROVE ALLOCATION OF MEASURE G SALES TAX
REVENUE - PROVIDED BY STAFF
MtAJUKC U KtVtNUtJ ANU UJtJ OUN
Fiscal Year (FY)
2016/17
Actual
$ 1,462,650
2017/18
Actual
9,967,657
2018/19
Actual
10,958,118
2019/20
Actual
10,310,526
2020/21
Actual
12,594,389
2021/22
Actual
15,615,802
2022/23
Budget (Current)
15,500,000
2023/24
Budget (Proposed)
15,700,000
TOTAL $ 92,109,142
MEASURE G USES
Year Reserve
Earned Allocation
Year
Operational
Capital
Reserves Total by Year
2016/17
Eisenhower Dr. Retention Basin
201704MG
750,000
2016/17
X-Park Funding
151609MG
712,650
-
1,462,650
2017/18
Public Safety Fund
300,000
North La Quinta Landscape Improvements
201603MG
1,802,576
Citywide Drainage Enhancements
151612MG
2,407,373
La Quinta Village Road Diet Project
151603MG
1,972,158
2018/19
X-Park Funding
151609MG
147,350
2019/20
Alongi Building Improvements
201806
800,000
2019120
SilverRock Event Site
201608MG
321,900
2020/21
SilverRock Event Site
201608MG
244,700
2020121
Alongi Building at SilverRock Event Site
201806
160,000
2020/21
SilverRock Event Site
201608MG
290,000
2020/21
SilverRock Event Site Retention Basin
202007MG
10,000
2020121
SilverRock Event Site Retention Basin
202007MG
427,250
Measure G Reserves 17/18
1,084,350
9,967,657
2018/19
Public Safety Fund
850,000
Public Safety Contract Services
2,100,000
Citywide Drainage Enhancements
151612MG
194,730
North La Quinta Landscape Improvements
201603MG
2,129,613
SilverRock Event Site
201608MG
1,300,000
Measure G Reserves 18119
4,383,775
10,958,118
2019/20
Public Safety Contract Services
2,750,000
Corporate Yard Administration/Crew Quarters
2018056MG
411,013
Highway 111 Corridor Improvements
201905MG
1,000,000
North La Quinta Landscape Improvements
201603MG
3,703,369
Village Art Plaza Promenade
201901MG
310,000
Measure G Reserves 19/20
2,136,144
10,310,526
2020/21
Public Safety Contract Services
4,545,000
X-Park Landscaping
151609MG
275,000
Highway 111 Corridor Improvements
201905MG
250,000
Measure G Reserves 2020/21
7,524,389
12,594,389
2021/22
Public Safety Contract Services
5,163,000
Landscape Renovation Improvements
201603MG
1,408,356
Highway 111 Corridor Improvements
201905MG
1,000,000
Fritz Burns Park Improvements
350,000
Allocate Bridge Funding
111205
7,468,061
Measure G Reserves 2021/22
226,385
15,615,802
2022/23
Public Safety Contract Services
5,100,000
Landscape Renovation Improvements
201603MG
500,000
La Quinta Skate Park Conversion
201903MG
500,000
Sports Complex Lighting
202204MG
250,000
Village Underground Utilities Feasibility
202206MG
100,000
ADA Transition Plan Update
202209MG
150,000
Village Parking Lot
202211MG
500,000
Phase II Public Safety Camera System
202213MG
1,797,000
Smart Infrastructure Feasibility
202213MG
250,000
Highway 111 Corridor Improvements
201905MG
1,000,000
Sports Complex Lighting Additional Funding Approved 1/17/2023
2022-04
50,000
Measure G Reserves 2022/23
5,303,000
15,500,000
2023/24
Public Safety Contract Services
5,100,000
Highway 111 Corridor Improvements
201905MG
1,000,000
Avenue 48 Art and Music Line
202008MG
2,400,000
Fritz Burns Park Improvements
202102MG
1,500,000
Highway 111 Event Site
202304MG
500,000
Washington St. Connector to Art & Music Line
202309MG
1,200,000
Measure G Reserves 2023/24
4,000,000
15,700,000
TOTAL
$ 20,808,000 $
41,543,099 $
24,658,043 $ 92,109,142
24%
48%
28%
POWER POINTS
FAC
SPECIAL
MEETING
DUNE 71 2023
Financial Advisory Commission
Special Meeting
6/7/2023
e7f -
i-� 6-
CAL -
Financial Advisory Commission Special Meeting
6/7/2023
Business Session Item No. 1
Discuss Fiscal Year 2023/24 Preliminary Proposed Budget
and Approve Allocation of Measure G Sales Tax Revenue
I C
6/7/2023
GENERAL FUND
FY 2023/24 ORIGINAL PROPOSED BUDGET
SUMMARY
Revenues $
78,478,100
Less Operating/CIP Expenses
(72,439,805)
Preliminary Budget Surplus
6,038,295
Less Measure G Reserves
(4,000,000)
BUDGET SURPLUS $ 2,038,295
CIP- Fritz Burns Park Improvements $
Total Adjustments
AMENDED BUDGET SURPLUS $
4
6/6/2023
2
6/7/2023
Special Funds
• Gas Tax Fund
• Lighting and Landscape Fund
• Finance Authority Fund
• Library & Museum Fund
• Measure A Fund
• Development Impact Fee (DIF)
Funds
5
s
L
Capital Projects
Landscape
Improvements
Developer
Reimbursements
r
$18,850,700
($500,000)
($400,000)
3
. V40
4
4
t
June 14 Housing Commission - iew ot Housing Budget
June 20 City Council — Final Budget Adoption
The Financial Advisory Commission's
Next Regular Meeting is on
August 9, 2023
CALIFORNIA