STRATEGIC PRIORITY: Government Performance & Financial Management
AGENDA DATE: December 11, 2024
COUNCIL DISTRICT(S): All
DEPARTMENT: Budget and Management Services
EXECUTIVE: Jack Ireland
______________________________________________________________________
SUBJECT
title
An ordinance amending Ordinance No. 32861, previously approved on September 18, 2024, authorizing (1) certain transfers and appropriation adjustments for FY 2024-25 for the maintenance and operation of various departments, and activities; and (2) the City Manager to implement those adjustments - Not to exceed $3,859,143,950 - Financing: General Fund ($1,903,410,750), Enterprise Funds, Internal Service, and Other Funds ($1,766,760,252), and Grants, Trust, and Other Funds ($188,972,948)
body
BACKGROUND
On September 18, 2024, the City Council adopted the Operating, Grants/Trust, and Capital Budgets for FY 2024-25, by Ordinance No. 32861.
Proposition L, approved by voters on November 5, 2024, amends the City Charter to establish the Office of the Inspector General as an independent department. As part of this transition, the existing Inspector General division will be reallocated from the City Attorney’s Office to the newly formed Office of the Inspector General. This action is a net zero transfer.
Additionally, City Council approved Citywide memberships (Resolution No. 24-1668) on November 13 and a reallocation of funding that was set aside in Non-Departmental for the US Conference of Mayors from Non-Departmental to the Mayor’s Office for another use. This action facilitates the requested action and is a net zero transfer.
City Charter does not allow for expenditure of City funds without sufficient appropriation (City Charter, Chapter XI, Section 6). Management has closely monitored revenues and expenses throughout the fiscal year to ensure compliance with City Charter. The amendments requested reflect: (1) appropriation adjustments previously approved by City Council; (2) adjustments to appropriate excess revenue; (3) adjustments to ensure adequate departmental appropriations in the General Fund; (4) Enterprise, Other, Grant, and Trust funds revenue and expenditure increases; and (5) capital appropriation adjustments.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
On September 18, 2024, the City Council adopted the Operating, Grants/Trust, and Capital Budgets for FY 2024-25, by Resolution No. 24-1347 and Ordinance No. 32861.
The Government Performance and Financial Management Committee will be briefed regarding this matter on December 10, 2024.
FISCAL INFORMATION
General Fund $1,903,410,750
Enterprise Funds, Internal Service, and Other Funds $1,766,760,252
Grants, Trust, and Other Funds $ 188,972,948
Total $3,859,143,950