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REVIEW AND DISCUSS MEASURE W PROPOSED BUDGET FOR FISCAL YEAR 2021-22
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RECOMMENDATION
Presented to the Measure W Oversight Committee for review and discussion is the Proposed Budget for Fiscal Year (FY) 2021-22 for the use of Measure W proceeds.
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Background
Per the Measure W Program Guidelines:
“Each May or June, as the City’s budget is adopted following public hearings, the City Manager will recertify the plan to the City Council, stating what monies have been received, what monies have been spent and what monies are available.”
Present Situation
The City Manager released the FY 2021-22 Proposed Annual Budget to City Council and the public on May 15, 2021, and study sessions to review the budget will be held on June 9 and 10, 2021. Attachment A includes all Measure W related pages from the FY 2021-22 Proposed Annual Budget, which presents projected FY 2020-21 revenues and expenditures and the proposed FY 2021-22 revenue and expenditure budget. The FY 2021-22 Measure W revenue estimate is $11.8 million, an increase of approximately 3% (or $374,000) from current year projections. Current year revenues are also projected to be up compared to the original FY 2020-21 Budget estimates by approximately $1.8 million. While sales tax revenues have not declined as a result of the COVID-19 pandemic, there has been a recessionary impact reducing the growth in sales tax revenues.
The Measure W expenditure appropriation is $6.3 million for the Police Department and $6.2 million for the Fire Department. In FY 2021-22, Measure W will fund 25 firefighters and 24 police officers, which is the same as in FY 2020-21. The 24 police officers supported by Measure W are assigned to the Field Operations Division for street patrol.
The Fire Department uses the funds primarily to pay for a portion of Fire Suppression personnel salary and benefits assigned to Fire Company No. 3 in southeast Stockton, Fire Company No. 4 in central Stockton, and Fire Company No. 13 in northeast Stockton. The FY 2021-22 Proposed Budget also uses Measure W funds for annual new diver training and for the purchase of washer-extractors (commercial grade washing machines) at two fire stations.
The program guidelines recommend an Economic Uncertainty Fund equal to 25% of annual budgeted revenues, which would equal $3.0 million in FY 2021-22. The total projected ending fund balance of $4.8 million is sufficient to fund the recommended reserve.
Additional Measure W information is available in the attached FY 2021-22 Proposed Annual Budget pages.
Attachment A - Measure W FY 2021-22 Proposed Budget