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06. Administrative Services
ADMINISTRATIVE SERVICES Adopted FY2021 Operating Budget Finance Purchasing Printing Services Community Facilities District-Debt Service Azusa Public Financing Authority Citywide Employee Benefit Personnel Services Risk Management 103 FINANCE DIVISION PROGRAM COMMENTARY PROGRAM DESCRIPTION: The Finance Division is responsible for maintaining the financial system and records of the City consistent with the highest professional standards, in accordance with legal requirements and generally accepted accounting principles. Major services include financial reporting, budgeting, accounting, payroll, and control of City expenditures consistent with the annual budget and the direction of the City Council. In addition, the Finance Division provides staff support to the City Treasurer, maintains the accounting records of all grants funded through various federal, state and local agencies, acts as trustee for all special assessment and bond transactions, and provides processing and control for centralized accounts payable and receivable. FY 2020-21 STRATEGIC GOALS: ·Assist in the upgrade of the financial system. ·Scan accounting and financial documents to provide convenient access and eliminate paper storage. ·Adopt written department policies and procedures for each area in Finance. ·Continue to focus on revenue enhancements. ·Continue to explore staffing options and identify areas for increased efficiency. ·Ensure appropriate internal controls are in place to safeguard various City assets and funds. ·Continue to explore the reduction of debt service of outstanding bonds. ·Develop strategies to reduce unfunded liabilities of various retirement obligations. FY 2019-20 PROGRAM HIGHLIGHTS: ·Implemented payroll impacts from contracted Memorandum of Understandings (MOUs) and State mandates. ·Oversaw implementation of citywide fee schedule. ·Explored revenue enhancements, which included assisting with the placement of Measure Z on the ballot. ·Streamlined accounts payable process to reduce payment cycle of recurring bills and eliminate late fees incurred. ·Restructured Finance organizational chart to promote and support succession planning. ·Developed Finance Division goals to support citywide objectives. 104 BUDGET UNIT:1045810000 ADMINISTRATIVE SERVICES - ACCOUNTING REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 19-20 19-20 20-21 VARIANCE EXPLANATION OPERATIONS 6215 Tuition Reimbursement 10,500 2,760 0 (10,500) Employees will no longer request reimbursement 6220 Training Schools 2,000 1,700 7,000 5,000 Additional COGNOS training 6235 Meetings & Conferences 5,600 6,000 6,000 400 Annual staff development meeting 6572 Office Furniture & Equipment 2,000 2,000 10,000 8,000 Reconfigure Finance Dept Space 6601 Advertising Expenses 0 0 300 300 Advertising for items such as public notices 6850 Lease Payments 4,600 3,200 4,000 (600)Budget based on actual lease expenses 6915 Utilities/Telephone 650 325 325 (325)Reduce telephone expenses. 105 6220 6230 6235 6315 6493 6503 6530 6850 Description Office Supplies - Supplies such as binders, paper, tabs, toner for check printer, etc. Books - GFOA GAAFR, CSMFO Revenue Handbook, and other accounting reference books. 1045810000 FINANCE - ACCOUNTING ACTIVITY DETAIL Account Number Training - Training for changes and updates related to accounting, accounts payable and payroll. Dues/Subscriptions - Membership in the Government Finance Officers Association (GFOA), the California Society of Municipal Finance Officers (CSMFO), and the American Payroll Association. Meeting/Conferences - CSMFO Conference, CSMFO local chapter meetings, GASB Update, League of California Cities, and CA JPIA-Risk Mangement Supervisory. Auditing/ Accounting Services - Contract audit service increase from CPA firm required to perform independent review of financial information; HDL statistical packet for annual audit. Outside Services & Repairs - Provides for Maximus SB-90 State mandated claims reimbursement, Iron Mountain document storage and Shred-it shredding services. Lease Payments - Copy machine lease at Finance and Neopost mailing machine costs shared equally with Business License division. 106 BUDGET UNIT:1045810000 ADMINISTRATIVE SERVICES - ACCOUNTING ACTUAL ACTUAL REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 17-18 18-19 19-20 19-20 20-21 VARIANCE PERSONNEL 6003 Salaries/Regular 636,101 638,543 749,010 571,471 672,890 (76,120) 6006 Salaries/Temp & Part-Time 7,960 9,739 13,040 46,233 (13,040) 6012 Salaries/Comp-Time 6,995 5,231 - 2,689 - - 6015 Salaries/Vacation 33,646 38,923 - 44,034 - - 6024 Salaries/Sick Leave 20,728 32,886 - 37,035 - - 6027 Salaries/Bereavement - 2,827 - 1,946 - - 6033 Overtime Pay/Premium 17,746 1,905 - 3,575 - - 6048 Salaries/Language Pay 5,341 4,888 3,900 5,778 4,920 1,020 6063 Salaries/Jury Duty 1,873 - - - - - 6068 Allowances/Management 232 - - - - - 6069 Allowances/Vehicle (277) 3,600 3,600 2,273 1,800 (1,800) 6075 Vacation Pay-Off 15,329 24,104 15,000 24,362 25,000 10,000 6078 Sick Leave Pay-Off 3,828 4,899 4,000 1,756 3,000 (1,000) 6101 PERS/Employee Contribution 40,463 40,763 49,755 35,892 47,240 (2,515) 6104 PERS Lump Sum - 88,051 103,840 105,159 107,134 3,294 6105 PERS/Employer Contribution 98,805 25,964 19,775 30,737 22,640 2,865 6107 APPLE/Employer Contribution 299 365 490 1,755 - (490) 6125 FICA/Employer Contrib/Med 11,481 11,958 13,040 12,155 11,800 (1,240) 6133 Retiree Health Premium Reimb 7,751 6,047 - 10,810 - - 6140 Life Insurance Allocation 1,543 1,763 2,180 1,780 1,980 (200) 6155 Workers' Comp Allocation 28,909 29,500 30,635 30,332 27,195 (3,440) 6160 LTD Insurance Allocation 4,754 5,777 5,805 5,239 5,235 (570) 6165 Unemployment Allocation 656 722 900 742 810 (90) 6175 Benefits/Flex Plan 107,283 105,392 133,560 91,534 149,400 15,840 6180 Deferred Comp/Employer Paid 9,123 9,222 11,465 9,845 11,338 (127) PERSONNEL SUBTOTAL 1,060,570 1,093,070 1,159,995 1,077,133 1,092,382 (67,613) OPERATIONS 6215 Tuition Reimbursement - - 10,500 2,760 - (10,500) 6220 Training Schools 13,314 1,980 2,000 1,700 7,000 5,000 6230 Dues & Subscriptions 1,865 1,554 1,590 1,400 1,500 (90) 6235 Meetings & Conferences 5,057 2,264 5,600 6,000 6,000 400 6240 Mileage Reimbursement - 266 200 200 200 - 6315 Accounting/Auditing Services 55,939 50,975 49,450 49,450 49,450 - 6399 Professional Services/Other 19,258 46,160 65,000 63,000 65,000 - 6493 Outside Services & Repairs 14,673 2,781 3,100 3,100 3,100 - 6503 Books - 559 200 200 200 - 6504 Computer Software/Licensing 366 - 400 - 400 - 6518 Postage 326 30 1,100 5,000 1,200 100 6527 Supplies/Computer/Small 4,519 - 500 - 500 - 6530 Office Supplies 3,850 3,234 5,000 4,500 5,000 - 6539 Printing, Binding & Duplicating 370 2,749 2,900 7,000 3,000 100 6563 Supplies/Special 127 7 500 100 400 (100) 6572 Office Furniture & Equipment 771 6,483 2,000 2,000 10,000 8,000 6601 Advertising Expense - 622 - - 300 300 6625 Program Expense - - 600 600 600 - 6850 Lease Payments 4,332 3,130 4,600 3,200 4,000 (600) 6915 Utilities/Telephone 605 303 650 325 325 (325) OPERATIONS SUBTOTAL 125,373 123,097 155,890 150,535 158,175 2,285 GENERAL FUND TOTAL:1,185,942 1,216,167 1,315,885 1,227,668 1,250,557 (65,328) 107 PURCHASING DIVISION PROGRAM COMMENTARY PROGRAM DESCRIPTION: The Purchasing division of the Administrative Services Department is responsible for providing centralized City-wide purchasing and warehousing. This division coordinates the procurement of all equipment, supplies and services in accordance with the Municipal Code, using integrity and prudence in obtaining the lowest cost commensurate with the quality required. FY 2020-21 STRATEGIC GOALS: ·Overhaul and simplification of the City’s purchasing and payment processes. ·Evaluation of City’s warehousing operations and review of alternatives. ·Expand and administer the City’s purchasing card program to improve operating efficiency and reduce costs. FY 2019-20 PROGRAM HIGHLIGHTS: ·Revision of Purchasing Policies and Procedures in accordance with Amended Ordinance. ·Assisted in the implementation of a contracts management program to provide efficient contract tracking and management. 108 BUDGET UNIT:1045830000 ADMINISTRATIVE SERVICES - PURCHASING REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 19-20 19-20 20-21 VARIANCE EXPLANATION OPERATIONS 6235 Meetings & Conferences 1,000 1,000 2,000 1,000 California Association of Public Procurement Officers (CAPPO) Annual Conference & Hotel. Conferences discuss new laws and regulations for purchasing compliance as well key training on several purchsaing topics. FY 2021 will be in Montery (North California). Also allows for addtitional $500 for training and needed. 6504 Computer Software / Licenses 0 0 7,375 7,375 PlanetBids - Online bidding and vendor registration / management. Includes one time set-up fee of $3,500 and recurring charge of $3,875 for software renewal. 6572 Office Furniture & Equipment 1,000 1,000 2,100 1,100 New Printer to Print POs at Central Stores and New Office Chair for Electric Stores. 6835 Maintenance & Equipment 2,400 2,400 1,000 (1,400) One time equipment purchase in FY1920. 109 Description 6201 Uniforms & Laundry - Uniforms for storekeeper and boots for storekeeper and purchasing agent 6230 Dues/Subscriptions - California Association of Public Purchaing Officers (CAPPO) and Costco membership 6235 Meetings & Conferences - Annual CAPPO conference, hotel and Flights and additional training as needed 6493 Outside Services & Repairs - Small equipment repairs and services 6504 Computer Software / Licenses - Planetbids Software one time set up fee and annual renewal fee 6530 Office Supplies - Misc. office supplies 6551 Fuel & Oil - Gasoline and oil for Central Stores delivery vehicle 6554 Supplies/Custodial & Cleaning - Eyewash station replacement cartridge & misc. custodial and cleaning supplies 6563 Supplies/Special - Misc inventory supplies and Forklift Recertification for Storekeeper 6572 Office Furniture & Equipment -New Printer for Central Stores, New Office Chair for Electric Stores and misc. equipment 6825 Maint & Repair/Vehicle - Oil changes/tune ups for city van 6835 6915 Utilities/Telephone - Cell phone service - 2 employees PURCHASING ACTIVITY DETAIL Account Number 1045830000 Maint & Repair/Equipment - Heavy duty pallet truck, stock picking steel cart and misc repair on Central Stores equipment 110 BUDGET UNIT:1045830000 ADMINISTRATIVE SERVICES - PURCHASING ACTUAL ACTUAL REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 17-18 18-19 19-20 19-20 20-21 VARIANCE PERSONNEL 6003 Salaries/Regular 130,185 130,914 139,405 131,815 149,200 9,795 6012 Salaries/Comp-Time 3,444 3,570 - 4,219 - - 6015 Salaries/Vacation 4,930 7,159 - 7,133 - - 6024 Salaries/Sick Leave 7,314 4,361 - 1,459 - - 6033 Overtime Pay/Premium 618 521 - 713 - - 6048 Salaries/Language Pay - - - 120 - - 6063 Salaries/Jury Duty 351 - - - - - 6075 Vacation Pay-Off 5,323 22,217 5,000 2,402 5,000 - 6101 PERS/Employee Contribution 10,670 10,468 9,810 10,160 10,265 455 6104 PERS Lump Sum - 18,835 20,500 20,404 23,290 2,790 6105 PERS/Employer Contribution 21,149 3,380 3,915 4,123 4,925 1,010 6109 PARS/Employer Contribution 8,255 8,079 5,175 5,386 5,505 330 6125 FICA/Employer Contrib/Med 2,438 2,665 2,545 2,282 2,690 145 6133 Retiree Health Premium Reimb 3,304 5,940 - 5,952 6,300 6,300 6140 Life Insurance Allocation 355 367 405 398 435 30 6155 Workers' Comp Allocation 6,069 5,959 5,580 5,801 5,970 390 6160 LTD Insurance Allocation 1,001 1,102 1,085 1,101 1,160 75 6165 Unemployment Allocation 140 161 180 139 185 5 6175 Benefits/Flex Plan 34,614 36,195 36,140 35,458 36,140 - PERSONNEL SUBTOTAL 240,160 261,893 229,740 239,064 251,065 21,325 OPERATIONS 6201 Uniforms & Laundry 470 477 700 700 700 - 6230 Dues & Subscriptions 60 60 195 195 190 (5) 6235 Meetings & Conferences - 40 1,000 1,000 2,000 1,000 6493 Outside Services & Repairs 251 - 200 200 200 - 6504 Computer Software / Licenses - - - - 7,375 7,375 6527 Supplies/Computer/Small Equipment - 433 - - - - 6530 Office Supplies 184 328 250 250 300 50 6551 Fuel and Oil 1,252 866 1,500 1,500 1,500 - 6554 Supplies/Custodial & Cleaning - - 650 650 650 - 6563 Supplies/Special 744 997 1,100 1,100 1,075 (25) 6572 Office Furniture & Equipment 152 - 1,000 1,000 2,100 1,100 6825 Maint & Repair / Vehicle 1,316 298 1,500 1,500 1,500 - 6835 Maint & Repair/Equipment 1,869 502 2,400 2,400 1,000 (1,400) 6915 Utilities/Telephone 617 326 500 500 500 - OPERATIONS SUBTOTAL 6,917 4,327 10,995 10,995 19,090 8,095 CAPITAL OUTLAY 7140 Equipment & Machinery - 36,587 - - - - CAPITAL OUTLAY SUBTOTAL - 36,587 - - - - GENERAL FUND TOTAL:247,076 302,808 240,735 250,059 270,155 29,420 111 BUDGET UNIT: 1045950000 PURCHASING - PRINTING SERVICES ACUTAL ACTUAL REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 17-18 18-19 19-20 19-20 20-21 VARIANCE OPERATIONS 6536 Supplies/Reprographics 7,916 7,547 8,500 8,500 8,500 - 6563 Supplies/Special - - 100 100 100 - OPERATIONS SUBTOTAL 7,916 7,547 8,600 8,600 8,600 - GENERAL FUND TOTAL:7,916 7,547 8,600 8,600 8,600 - 112 FINANCE DIVSION CFD/APFA DEBT SERVICE AND MAINTENANCE PROGRAM COMMENTARY PROGRAM DESCRIPTION: The Community Facilities District (CFD) and Azusa Public Financing Authority (APFA) budget sections of the Finance Division reflect the special district and debt management responsibilities of the Division. The annual budget for the administrative activities of the established Mountain Cove, Rosedale, and Public Safety CFDs, as well as the administrative and debt service requirements of the APFA are included in this section. For the Rosedale CFD, the annual costs of the maintenance portion of the CFD are included as well. Maintenance costs for the Rosedale CFD will grow to include several contracts required to maintain various aspects of the Rosedale development, such as park and landscape maintenance. FY 2020-21 STRATEGIC GOALS: ·Ensure compliance with Rosedale Development Agreement and CFD requirements. ·Develop cost accounting/recovery processes for Rosedale related activities. ·Prepare and disseminate all required disclosure reports in a timely manner. FY 2019-20 PROGRAM HIGHLIGHTS: ·Refunded Rosedale CFD bonds to provide cost savings to Rosedale property owners. 113 6315 6320 6345 6399 6423 7001 7005 Professional Services/Other - Provides for legal and financial assistance and continuing disclosure services provided by Urban Futures under contract Administrative Allocation - Allocated cost for staff time necessary to administer Mountain Cove CFD and Rosedale CFD bonds. 6370000000 / 65000000xx Interest Expense - Interest payments on the two CFD Bond issues-Mountain Cove and Rosedale Principal Payment - Principle payments on the two CFD Bond issues-Mountain Cove and Rosedale FINANCE - CFD DEBT SERVICE ACTIVITY DETAIL Account Number Description Accounting/Auditing Service - Provides for annual audited financial reports for each CFD by outside independent auditor. Fiscal Agent Fees - Provides for annual charges from Wells Fargo for Ficscal Agent services per bond indentures. Program Consultants - Provides for the services of Special District Financing & Administration and David Taussig to assist staff in administering district , calculating and collecting special taxes 114 BUDGET UNIT:FINANCE - COMMUNITY FACILITIES DISTRICT (CFD) DEBT SERVICE ACTUAL ACTUAL REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 17-18 18-19 19-20 19-20 20-21 VARIANCE OPERATIONS ROSEDALE IA1 CFD 7005 Principal Payment 1,110,000 1,340,000 795,000 795,000 680,000 (115,000) ROSEDALE IA1 CFD OPERATIONS SUBTOTAL 1,110,000 1,340,000 795,000 795,000 680,000 (115,000) ROSEDALE ADMINISTRATIVE EXPENSE FUND 6315 Accounting/Auditing Service 2,928 3,020 3,020 3,020 3,020 - 6320 Fiscal Agent Fees 1,400 1,400 2,750 2,750 2,750 - 6345 Program Consultants 1,400 12,375 18,000 18,000 18,000 - 6399 Professional Services/Other - - 4,500 4,500 4,500 - 6423 Administrative Allocation 145,000 115,000 115,000 115,000 115,000 - SUBTOTAL 150,728 131,795 143,270 143,270 143,270 - ROSEDALE INTEREST ACCOUNT 7001 Interest Expense 1,760,108 1,700,634 1,674,330 1,674,330 1,426,095 (248,235) SUBTOTAL 1,760,108 1,700,634 1,674,330 1,674,330 1,426,095 (248,235) MOUNTAIN COVE CFD 6315 Accounting/Auditing Services - - 2,930 3,020 3,020 90 6320 Fiscal Agent Fees - - 1,750 1,750 1,750 - 6345 Program Consultants - 7,200 3,500 3,500 3,500 - 6399 Professional Services/Other - 1,750 4,500 4,500 4,500 - 6423 Administrative Allocation 20,000 20,000 20,000 20,000 20,000 - 7001 Interest Expense 368,760 - 352,340 355,356 352,336 (4) 7005 Principal Payment 260,000 - 280,000 280,000 305,000 25,000 7009 Bank Service Charge 1,750 - -- - - MT. COVE CFD OPERATIONS SUBTOTAL 650,510 28,950 665,020 668,126 690,106 25,086 ROSEDALE IA2 CFD 7001 Interest Expense - - - - 671,434 671,434 7005 Principal Payment - - - - 340,000 340,000 ROSEDALE IA2 CFD OPERATIONS SUBTOTAL - - - - 1,011,434 1,011,434 TRANSFERS OUT 5950 Transfer To Other Funds-Mountain Cove 616,520 - - - - - 5950 Transfer To Other Funds-Rosedale, CFD 2,828,046 4,434,271 - - - - 5950 Transfer To Other Funds-Rosedale, RFD 67,640 3,369,003 - - - - 5950 Transfer To Other Funds-Rosedale, Admin - 413 - - - 5950 Transfer To Other Funds-Mtn. Cove, School Red 16,267 12,449 - - - - TRANSFERS OUT SUBTOTAL 3,528,473 7,816,136 - - - - CFD DEBT SERVICE TOTAL:7,199,818 11,017,514 3,277,620 3,280,726 3,950,905 673,285 115 6399 6423 6493 6554 6625 6560 FINANCE - CFD MAINTENANCE ACTIVITY DETAIL Account Number Description 37254200xx / 3745810143 Professional Services/Other - Provides for the services of appraisors, attorney's financial and operational consultants as necessary to manage CFD related matters Administrative Allocation - Provides for general administrative overhead related to Rosedale CFD programs and operations. Funds are transferred to General Fund Outside Services & Repairs - Provides for contract maintenance of Rosedale CFD parks and grounds Supplies/Custodial & Cleaning - Provides for contract maintenance of buildings and restrooms Repair Parts - Provides for cost of replacement parts and materials for CFD parks, facilities and grounds Program Expense - Provides for equivalent of one Police officer salary and overhead 116 BUDGET UNIT:FINANCE - CFD PARK OPERATIONS - ROSEDALE ACTUAL ACTUAL REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 17-18 18-19 19-20 19-20 20-21 VARIANCE PERSONNEL 3725420000 PARK OPERATIONS 6003 Salaries/Regular 75,822 85,693 104,630 89,664 99,530 (5,100) 6006 Salaries/Temp & Part-Time 22,000 34,745 28,285 18,581 26,255 (2,030) 6012 Salaries/Comp-Time 21 - - - - 6015 Salaries/Vacation 4,808 3,844 - 3,025 - - 6024 Salaries/Sick Leave 4,631 2,485 - 2,201 - - 6027 Salaries/Bereavement 733 - - 591 - - 6033 OT/Premium 1,286 939 - 292 - - 6045 Salaries/Education - - - - 3,720 3,720 6048 Salaries/Language Pay 417 768 - 433 - - 6063 Salaries/Jury Duty - 83 - -- - 6072 Salaries/Injury 863 1,032 - 1,751 - 6075 Vacation Payoff 1,519 2,492 1,500 2,794 2,500 1,000 6101 PERS/Employee Contribution 6,284 6,949 6,970 7,495 7,195 225 6104 PERS Lump Sum - 14,599 14,570 15,065 16,336 1,766 6105 PERS/Employer Contribution 16,100 4,127 2,785 4,007 3,810 1,025 6107 Apple Pay 579 539 1,060 277 985 (75) 6109 PARS/Employer Contribution 2,980 3,610 - 3,840 - - 6125 FICA/Employer Contrib/Med 915 1,186 2,310 1,137 2,260 (50) 6140 Life Insurance Allocation 207 241 305 292 300 (5) 6155 Workers' Comp Allocation 4,469 5,248 5,465 5,116 5,335 (130) 6160 LTD Insurance Allocation 615 730 820 774 775 (45) 6165 Unemployment Allocation 103 121 150 121 150 - 6175 Benefits/Flex Plan 16,583 19,036 26,040 22,416 27,900 1,860 6180 Deferred Comp/Employer Paid 675 675 1,890 891 2,040 150 Subtotal 161,609 189,141 196,780 180,764 199,091 2,311 3725410000 ADMINISTRATION 6003 Salaries/Regular 16,157 13,333 16,900 11,575 24,000 7,100 6006 Salaries/Temp & Part-Time 90 - - - - - 6015 Salaries/Vacation 144 962 - 300 - - 6024 Salaries/Sick Leave 327 316 - 420 - - 6069 Allowance/Vehicle 447 360 360 277 540 180 6075 Vacation Payoff 4,281 - - 8,807 - - 6078 Sick Leave Payoff 1,549 - - - - - 6101 PERS/Employee Contribution 708 (62) 1,120 107 1,685 565 6104 PERS Lump Sum - - 2,330 2,319 3,810 1,480 6105 PERS/Employer Contribution 862 1,201 440 1,105 800 360 6109 PARS/Employer Contribution 1,406 - - - - - 6125 FICA/Employer Contrib/Med 116 234 275 316 390 115 6140 Life Insurance Allocation 35 32 50 30 70 20 6155 Workers' Comp Allocation 692 584 690 492 980 290 6160 LTD Insurance Allocation 173 115 130 119 185 55 6165 Unemployment Allocation 19 15 20 20 25 5 6175 Benefits/Flex Plan 1,499 1,617 1,680 1,225 2,520 840 6180 Deferred Comp/Employer Paid 306 396 215 297 325 110 Subtotal 28,812 19,105 24,210 27,410 35,330 11,120 PERSONNEL SUBTOTAL 190,421 208,246 220,990 208,173 234,421 13,431 OPERATIONS 3725420000 PARK OPERATIONS 6235 Meetings & Conferences - 47 - - - - 6423 Administrative Allocation 40,000 40,000 40,000 40,000 40,000 - 6493 Outside Services & Repairs 108,678 124,826 117,230 156,489 157,000 39,770 6548 Plants & Trees 1,259 438 500 - 500 6554 Supplies/Custodial & Cleaning 2,412 4,241 2,280 2,200 2,200 (80) 6560 Repair Parts 3,847 1,111 1,000 1,000 1,100 100 6563 Supplies/Special 44 - - - - - 6805 Maintenance/Land Improvements 195 - - - - - 6823 Lease/Vehicle 10,675 6,085 11,016 10,000 10,000 (1,016) 6904 Utilities/Other - - 20,190 - 20,000 (190) 6915 Utilities/Telephone - 16 - - - 117 BUDGET UNIT:FINANCE - CFD PARK OPERATIONS - ROSEDALE ACTUAL ACTUAL REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 17-18 18-19 19-20 19-20 20-21 VARIANCE OPERATIONS SUBTOTAL 167,111 176,765 192,216 209,689 230,800 38,584 TRANSFERS OUT 5950 Transfer To Other Funds - 331,685 348,700 248,700 319,945 (28,755) 5950 Transfer To Other Funds 332,604 - - - - - TRANSFERS OUT SUBTOTAL 332,604 331,685 348,700 248,700 319,945 (28,755) ROSEDALE CFD MAINTENANCE FUND TOTAL:690,136 716,697 761,906 666,562 785,166 23,260 118 6610 7001 7005 Bond Administration - Cost of Trustee services and continuing disclosure services for two bond issues Interest Expense - Interest payments on two City Bond issues - 2003 COPS and 2006 Water Parity Principal Payments - Principle payments on two City Bond issues - 2003 COPS and 2006 Water Parity FINANCE - APFA DEBT SERVICE ACTIVITY DETAIL Account Number Description 7150000000/ 7160000000 119 BUDGET UNIT:7150000000 FINANCE - APFA DEBT SERVICE ACTUAL ACTUAL REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 17-18 18-19 19-20 19-20 20-21 VARIANCE PERSONNEL 6110 FICA/Employee Contrib/Reg - 1,850 - - - - PERSONNEL SUBTOTAL - 1,850 - - - - OPERATIONS APFA-DEBT SERVICE/2003 CIP COPS 6610 Bond Administration 4,600 2,750 4,625 4,620 4,625 - 7001 Interest Expense 69,589 31,856 44,071 44,071 18,590 (25,481) 7005 Principal Payments 285,000 300,000 315,000 315,000 845,000 530,000 SUBTOTAL 359,189 334,606 363,696 363,691 868,215 504,519 OPERATIONS SUBTOTAL 359,189 334,606 363,696 363,691 868,215 504,519 TRANSFERS OUT DEBT SERVICE/2006 WATER CIP BONDS 5950 Transfers To Other Funds 2,187 - - - - - SUBTOTAL 2,187 - - - - - TRANSFERS OUT SUBTOTAL 2,187 - - - - - APFA DEBT SERVICE FUND TOTAL:361,376 336,456 363,696 363,691 868,215 504,519 120 CITYWIDE PROGRAM COMMENTARY PROGRAM DESCRIPTION: The Citywide budget division of the Finance Department is utilized to provide for General Fund expenditures that apply to all Departments. The following expenses are funded through this program: retirement medical, early retirement programs, insurance premiums, vehicle maintenance services, information technology services, and other administrative expenses that are levied on the City as a whole. FY 2020-21 STRATEGIC GOALS: ·Identify and improve long-term revenue resources. ·Determine efficiency of pooled services to provide cost savings. ·Attain cost-saving measures to ensure City’s fiscal sustainability. 121 BUDGET UNIT:1090000000 CITYWIDE REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 19-20 19-20 20-21 VARIANCE EXPLANATION OPERATIONS 6230 Dues & Subscription 51,951 53,000 54,080 2,129 Subcription fee increase such as league division, League Large, SGV COG etc. 6235 Meetings & Conferences 0 0 2,400 2,400 Meetings and Conferences 6315 Accounting/Auditing Services 0 1,050 1,200 1,200 GASB 68 reports 6399 Professional Services/Other 10,500 120,500 40,000 29,500 Costs for Measure Z research by Lew Edwards Group 6493 Outside Services & Repairs 89,500 98,500 98,500 9,000 Security Patrol around Library and City Hall 6825 Repair and Maintenance 27,000 25,000 25,000 (2,000) Anticipated lower repair and maintenance costs 7071 Use Tax Administration 0 0 65,000 65,000 CDTFA Admin Fees to Administer the TUT 122 6003 6108 6133 6199 6399 6670 6760 6823 6825 7001 7070 1090000000 Maint & Repair/Vehicle - General Fund portion of maintenance costs for City-owned and leased vehicles. Interest Expense - Interest on loans from Electric and Price Family Property Tax Administration - Annual payment to County of LA for property Tax administration. Retiree Health Premium - Annual premium paid for retiree health benefits through CALPERS. Benefits/ Other - Cost for PARS early retirement program. Professional Services/ Other - Cost for property and sales tax services; other post-employment actuarial services IT Allocation - General Fund contributes for costs of Citywide information technology program. Balance paid by Light and Water and Sewer Funds. Insurance Allocation - General Fund portion of Citywide property and liability insurance costs. Lease/Vehicles - General Fund portion of leased fleet vehicles. CITYWIDE ACTIVITY DETAIL Account Number Salary/Area D - Salary costs for Area D coordinator. Reimbursed with Federal funds. Description PARS Administration Fees - Administration costs for four Public Agency Retirement System (PARS) programs offered by the City 123 BUDGET UNIT:1090000000 CITYWIDE ACTUAL ACTUAL REVISED YEAR END EST ADOPTED Acct. # DESCRIPTION 17-18 18-19 19-20 19-20 20-21 VARIANCE PERSONNEL 6095 Salary Savings - - (1,100,000) - - 1,100,000 6108 PARS Administration Fees 30,000 30,000 30,000 30,000 30,000 - 6133 Retiree Health Premium Reimb 516,180 31,410 - 32,289 34,000 34,000 6199 Benefits/Other 54,795 178,836 226,020 230,555 235,000 8,980 PERSONNEL SUBTOTAL 600,975 240,246 (843,980) 292,844 299,000 1,142,980 OPERATIONS 6230 Dues & Subscriptions 46,958 51,524 51,951 53,000 54,080 2,129 6235 Meetings & Conferences - - - - 2,400 2,400 6301 Legal Fees 178,561 452 20,000 20,000 20,000 - 6315 Accounting/Auditing Services - - - 1,050 1,200 1,200 6399 Professional Services/Other 37,572 43,102 10,500 120,500 40,000 29,500 6423 Administrative Allocation - (40,000) - - - - 6493 Outside Services & Repair 49,926 94,064 89,500 98,500 98,500 9,000 6499 Cont Svcs & Fees 1,602 - - - - - 6527 Supplies/Computer/Small Equip 1,014 - - - - - 6601 Advertising Expn 423 - - - - - 6670 IT Allocation 912,409 1,054,914 1,100,385 1,150,000 1,057,531 (42,854) 6760 Insurance Allocation 2,351,349 1,208,027 1,432,493 1,450,000 1,455,561 23,068 6823 Lease/Vehicles 31,246 31,092 39,734 39,734 39,734 - 6825 Maint & Repair/Vehicle 22,498 41,830 27,000 25,000 25,000 (2,000) 6904 Utilities/Other 1,080 891 1,500 980 1,500 - 7001 Interest Expense-L&W 64,145 84,867 71,386 71,386 71,500 114 7005 Principal-L&W 571,429 571,429 593,946 593,946 593,946 - 7009 Bank Service Charge - 400 - - - - 7046 Payments to Refunding Escrow Agent - 10,088 - - - 7070 Property Tax Administration 66,515 71,827 77,573 77,573 77,573 - 7071 Use Tax Administration - - - - 65,000 65,000 7099 Miscellaneous 44,286 20,476 50,000 45,000 50,000 - OPERATIONS SUBTOTAL 4,381,014 3,244,983 3,565,968 3,746,669 3,653,525 87,557 TRANSFERS IN & OUT 5950 Transfer To Other Funds 5,916,852 5,654,318 6,602,962 6,602,962 6,979,842 376,880 5951 Transfer To APFA 355,212 361,962 363,696 363,696 868,215 504,519 TRANSFERS OUT SUBTOTAL 6,272,064 6,016,280 6,966,658 6,966,658 7,848,057 881,399 CITY-WIDE TOTAL 11,254,054 9,501,510 9,688,646 11,006,171 11,800,582 2,111,936 124 4190000000 6133 Description FINANCE - EMPLOYEE BENEFIT FUND ACTIVITY DETAIL Account Number Retiree Health Premium Reimb - Retiree annuity 125 BUDGET UNIT:4190000000 FINANCE - EMPLOYEE BENEFIT FUND ACTUAL ACTUAL REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 17-18 18-19 19-20 19-20 20-21 VARIANCE PERSONNEL 6133 Retiree Health Premium Reimb 91,597 732,024 952,800 1,041,520 1,062,475 109,675 PERSONNEL SUBTOTAL 91,597 732,024 952,800 1,041,520 1,062,475 109,675 EMPLOYEE BENEFIT FUND TOTAL 91,597 732,024 952,800 1,041,520 1,062,475 109,675 126 HUMAN RESOURCES PERSONNEL SERVICES DIVISION PROGRAM COMMENTARY PROGRAM DESCRIPTION: The Human Resources department strives to provide assistance to all City departments in developing a high-quality and diverse workforce that supports and sustains a productive customer-oriented, safe, and stable work environment. Personnel Services is a division of Human Resources responsible for a variety of support functions, including but not limited to benefits administration, employment records management, recruitment/testing, employer/employee relations, training, employee development, contract negotiations, and new employee orientation. FY 2020-21 STRATEGIC GOALS: ·Implement new and continue existing training programs (ethics, performance evaluation, employee relations, and executive and supervisory development). ·Streamline & modernize personnel processes utilizing technology in order to improve accuracy and efficiency. ·Strengthen the working relationship with all seven Bargaining Groups by meeting, being available and responsive to representatives. FY 2019-20 PROGRAM HIGHLIGHTS: ·Worked with City departments and third party administrators to ensure effective, efficient, and fiscally responsible management of insurance and benefit programs. ·Worked with City departments to recruitment and fill positions with the best talent available in the market place. 127 BUDGET UNIT:1050921000 HUMAN RESOURCES - PERSONNEL SERVICES REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 19-20 19-20 20-21 VARIANCE EXPLANATION OPERATIONS 6301 Legal Fees 10,000 3,000 50,000 40,000 Anticipated Legal Fees Increase 6350 Medical Services 15,000 15,506 20,000 5,000 Increase pre-employment cost 6399 Professional Services 92,250 159,000 110,000 17,750 Anticipated consulting services and new software implementations 6480 Insurance Claims Administration 0 1,369 1,370 1,370 Admin Costs for Insurance Claims 6493 Outside Services/Repairs 100 697 700 600 Budget adjusted due to historical charges 6518 Postage 700 1,000 1,000 300 Increase in postage costs and amount of items sent certified mail 6530 Office Supplies 3,000 3,158 3,500 500 Anticipated need for office supplies 6563 Supplies/Special 3,500 4,100 4,000 500 Budget adjusted due to high historical charges 6580 Merchandise for Resale 0 730 730 730 Resale 6635 Oral Board Costs 2,500 3,281 3,500 1,000 Increase in amount of oral boards conducted due to recruitment efforts 6736 Employee Assistance Program 7,200 7,200 7,500 300 Anticipated increase in cost for EAP services 6815 Maintenance & Repairs 0 25 25 25 Maintenance 6850 Lease Payments 3,800 5,865 5,900 2,100 Increase to match increases in cost for services 128 Description 6220 Training Programs - CAJPIA workshops; Southern California Public Labor Relations Council (SCPLRC) Staff Training; Liebert Cassidy Whitmore (LCW) staff training, Miscellaneous City Wide Programs 6230 Dues/Subscriptions - Labor and WC Code Books; Lexis Nexis; Liebert, Cassidy Law Library; PERS Public Agency Coalition (PERSPAC); Southern CA Public Labor Relations Council (SCPLRC); NPELRA; Public Retirement Journal 6235 Meetings & Conferences - CalPELRA & NPELRA 6301 Legal Fees - Best Best & Krieger and Liebert Cassidy Whitmore 6350 Medical Service - Pre-placement physicals; fitness for duty; random drug tests; DOT DL renewal 6399 Professional Service - Cooperative Personnel Services; Rio Hondo College - Physical Agility; Donnoe & Associates, NeoGov Applicant Tracking System, On-boarding and Performance Management; Leave of Absence Mgt. System; ACA - Prep of monthly reporting; data migration; processing of Form 109; CODESP; Policy Managment System; Liebert Cassidy Whitmore 6563 Supplies/Special - Annual Health Fair ($3000); Employee Recognition Pins and Supplies 6601 Advertising Expense - Los Angeles Times; San Gabriel Valley Tribune; Brown & Caldwell; Western City; Jobs Available; L&W Trade Magazines 6850 Lease Payments - Cannon Financial (copier lease) HUMAN RESOURCES PERSONNEL SERVICES ACTIVITY DETAIL Account Number 1050921000 129 BUDGET UNIT:1050921000 ADMINISTRATIVE SERVICES - PERSONNEL SERVICES ACTUAL ACTUAL REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 17-18 18-19 19-20 19-20 20-21 VARIANCE PERSONNEL 6003 Salaries/Regular 181,153 136,405 180,550 174,794 171,560 (8,990) 6006 Salaries/Temp & Part Time 4,920 26,233 6,420 7,892 - (6,420) 6012 Salaries/Comp-Time 249 1,753 - 413 - - 6015 Salaries/Vacation 4,463 5,531 - 1,943 - - 6024 Salaries/Sick Leave 5,296 5,335 - 6,058 - - 6033 Overtime Pay/Premium 1,309 1,702 - 2,619 - - 6048 Sal/Language Pay - 420 600 599 900 300 6063 Salaries/Jury Duty 2,548 - - - - - 6069 Allowances/Vehicle 2,323 1,800 1,800 832 900 (900) 6072 Sal/Injury 458 - - - - - 6075 Vacation Pay-Off 312 2,514 500 9,574 - (500) 6101 PERS/Employee Contribution 12,837 9,089 12,010 8,268 12,195 185 6104 PERS Lump Sum - 21,959 25,070 25,298 27,797 2,727 6105 PERS/Employer Contribution 22,415 5,367 4,775 6,539 5,935 1,160 6107 Apple Pay 188 527 240 306 - (240) 6125 FICA/Employer Contrib/Med 2,985 2,742 3,235 3,356 2,980 (255) 6133 Retiree Health Premium Reimb 5,212 4,536 - 5,057 - - 6140 Life Insurance Allocation 419 352 530 320 505 (25) 6155 Workers' Comp Allocation 7,775 7,095 7,575 6,622 6,935 (640) 6160 LTD Insurance Allocation 1,356 1,321 1,405 1,004 1,335 (70) 6165 Unemployment Allocation 179 171 225 171 205 (20) 6175 Benefits/Flex Plan 27,349 27,435 33,600 21,978 36,000 2,400 6180 Deferred Comp/Employer Paid 4,050 2,633 3,600 2,806 3,090 (510) PERSONNEL SUBTOTAL 287,795 264,919 282,135 286,449 270,337 (11,798) OPERATIONS 6220 Training Schools 15,704 12,521 30,000 24,521 30,000 - 6230 Dues & Subscriptions 242 2,146 2,650 2,646 2,650 - 6235 Meetings & Conferences 1,126 2,702 2,700 2,902 2,700 - 6240 Mileage Reimbursement 116 - 300 300 300 - 6301 Legal Fees 969 - 10,000 3,000 50,000 40,000 6350 Medical Services 13,485 13,306 15,000 15,506 20,000 5,000 6399 Professional Services/Other 89,447 123,058 92,250 159,000 110,000 17,750 6405 Commission Meetings Expense 1,632 1,500 3,000 2,000 3,000 - 6480 Insurance Claims Administration 853 1,369 - 1,369 1,370 1,370 6493 Outside Services & Repairs 448 474 100 697 700 600 6518 Postage 632 606 700 1,000 1,000 300 6530 Office Supplies 1,781 1,758 3,000 3,158 3,500 500 6545 Fingerprinting 5,929 5,447 11,000 7,500 11,000 - 6563 Supplies/Special 5,434 3,774 3,500 4,100 4,000 500 6580 Merchandise for Resale - 730 - 730 730 730 6601 Advertising Expense 8,582 3,860 11,000 5,360 11,000 - 6635 Oral Board Costs 2,470 2,481 2,500 3,281 3,500 1,000 6736 Employee Assistant Program 4,695 7,134 7,200 7,200 7,500 300 6815 Maint & Repair/Equipment - 25 - 25 25 25 6835 Maint & Repair/Equipment - - 500 500 500 - 6850 Lease Payments 4,503 4,865 3,800 5,865 5,900 2,100 6915 Utilities/Telephone 1,043 811 1,060 1,011 1,060 - OPERATIONS SUBTOTAL 159,093 188,567 200,260 251,671 270,435 70,175 GENERAL FUND TOTAL:446,888 453,486 482,395 538,120 540,772 58,377 130 HUMAN RESOURCES RISK MANAGEMENT DIVISION PROGRAM COMMENTARY PROGRAM DESCRIPTION: Risk Management is a division of Human Resources responsible for a variety of support functions, including special projects as directed by the City Manager. The Division’s ongoing responsibilities include: workers’ compensation, liability, City and special event insurance, safety and safety training, including compliance with Occupational Safety and Health Administration (OSHA) guidelines and employee wellness programs. Risk Management also provides support in other Human Resource functions including negotiations of Memorandums of Understanding (MOUs), reclassifications, recruitment, employee relations, and research on a variety of Human Resources related issues. FY 2020-21 STRATEGIC GOALS: ·Coordinate expansion of Citywide Safety Training Programs (safety, emergency preparedness, defensive driving, etc.). ·Evaluate and improve the subrogation and reinsurance claims process. ·Coordinate tracking comparison of legal costs, expenses, and settlements for liability claims data base with third party administrators. ·Ensure annual competitive pricing for all insurance including liability, workers’ compensation, property, and special events. FY 2019-20 PROGRAM HIGHLIGHTS: ·Continued to work with City departments and third party administrators such as Carl Warren and York (to ensure effective, efficient, and fiscally responsible management of workers compensation and general liability claims.) ·Continued to provide staff support and representation for the City’s membership in CAJPIA ·Continued to meet with department heads to review workers’ compensation claims and look at preventative measures related to claims. ·Worked with Safety Committee and CAJPIA to implement safety training in order to reduce workers’ compensation claims. 131 BUDGET UNIT:4250923000 HUMAN RESOURCES - RISK MANAGEMENT REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 19-20 19-20 20-21 VARIANCE EXPLANATION OPERATIONS 6710 Ins/General Liability Premiums 1,250,000 1,250,000 1,134,550 (115,450)Estimated decrease in premium 6715 Ins/All Risk Property Premiums 461,335 461,335 576,570 115,235 Estimated increase in premium 6720 Ins/Workers Comp Premiums 448,800 448,800 488,480 39,680 Estimated increase in premuim 6740 Claims Expense/Liability 600,000 691,512 700,000 100,000 Estimated increase in prem for liability claims 6745 Claims Expense/Workers Comp 500,000 1,935,614 1,000,000 500,000 Estimated increase in prem for Worker's Comp 6755 Claims Expense/Unemployment 14,000 14,280 25,000 11,000 Estimated increase in prem for unemployment claims due to Covid 19 cases. 132 Description 6230 Dues/Subscriptions - Membership fees Society of Human Resource Management (SHRM); Subscription costs for Risk Management publications 6235 Meeting/Conferences - Risk Management PARMA and PRIMA meeting and conference expenses 6480 Insurance Claims Administration - CAJPIA third party administration fees for workers' compensation (York) and Liability Claims (Carl Warren) 6563 Supplies/Special - Safety Committee expenses for the implementation and/or purchase of safety related items (emergency evacuation placards for each building, drop box for anonymous reporting, etc.) 6710 Insurance /General Liability Premiums - CALJPIA (Liability); Arthur Gallagher (Storage Tanks); Alliant (Special Events) Tanks 6715 Insurance/Fire and Casualty Premiums - CALJPIA(Property/ Earthquake and Auto Physical Damage) 6720 Insurance /Workers Compensation Premiums - CALJPIA (York) 6740 Claims Expense/Liability - Funds utilized in the litigation/ management (Manning & Kass, Carl Warren, Best Best & Krieger) and settlement (payments made to claimants) of liability claims 6745 Claims Expense/Workers Compensation - Funds utilized by our Third Party Administrator - CALJPIA in the administration of workers compensation expenses (payments made to Irwindale Industrial Clinic, employees and various hospitals and doctors); Legal and investigation expenses in the litigation/management of claims (Kegel, Tobin & Truce; Carpenter and Rothans; Grossberg and Associates); First Aid Worker's Compensation, medical utilization review, medical billing review 6755 Claims Expense/Unemployment - State mandated expenses for unemployment insurance HUMAN RESOURCES RISK MANAGEMENT ACTIVITY DETAIL Account Number 4250923000 133 BUDGET UNIT:4250923000 ADMINISTRATIVE SERVICES - RISK MANAGEMENT ACTUAL ACTUAL REVISED YEAR END EST ADOPTED Acct. #DESCRIPTION 17-18 18-19 19-20 19-20 20-21 VARIANCE PERSONNEL 6003 Salaries/Regular 116,062 136,405 180,550 189,005 170,295 (10,255) 6006 Salaries/Temp & Part Time 1,198 26,233 6,420 7,892 (6,420) 6012 Salaries/Comp-Time 415 1,753 - 413 - - 6015 Salaries/Vacation 3,017 5,531 - 1,943 - - 6024 Salaries/Sick Leave 4,154 5,335 - 6,058 - - 6027 Salaries/Bereavement 1,512 - - - - - 6033 Overtime Pay/Premium 5,458 1,731 600 2,472 - (600) 6048 Salaries/Language Pay - 420 - 580 900 900 6069 Auto Allowance 315 1,800 1,800 967 900 (900) 6072 Salaries/Injury 458 - - - - - 6075 Vacation Pay-Off 312 2,514 500 9,574 1,000 500 6091 Leave Liability Adjustments 1,564 - - - - - 6101 PERS/Employee Contribution 4,858 9,088 12,010 8,975 12,195 185 6104 PERS Lump Sum - 21,959 25,070 25,315 27,797 2,727 6105 PERS/Employer Contribution 38,048 14,371 4,775 6,734 5,935 1,160 6107 Apple Pay 45 527 240 306 - (240) 6125 FICA/Employer Contrib/Med 1,988 2,743 3,235 3,499 2,980 (255) 6140 Life Insurance Allocation 291 352 530 343 505 (25) 6155 Workers' Comp Allocation 5,196 7,096 7,575 6,991 6,935 (640) 6160 LTD Insurance Allocation 913 1,321 1,405 1,096 1,335 (70) 6165 Unemployment Allocation 124 171 225 180 205 (20) 6175 Benefits/Flex Plan 27,793 27,435 33,600 23,228 36,000 2,400 6180 Deferred Comp/Employer Paid 1,440 2,633 3,600 3,243 3,090 (510) PERSONNEL SUBTOTAL 215,161 269,417 282,135 306,586 270,072 (12,063) OPERATIONS 6220 Training Schools 299 774 500 875 500 - 6230 Dues & Subscriptions 648 1,373 2,000 1,435 2,000 - 6231 Outside Assessments 1,670,205 - - - - - 6235 Meetings & Conferences 964 2,424 2,400 2,625 2,400 - 6350 Medical Services 15 - - - - - 6399 Prof Svcs/Other - 5,272 160,175 160,175 160,175 - 6405 Comission Meetings Expense 171 - - - - - 6530 Office Supplies - 43 - 45 - - 6563 Supplies/Special 134 283 5,000 785 5,000 - 6710 Ins/General Liability Premiums 1,089,955 1,048,761 1,250,000 1,250,000 1,134,550 (115,450) 6715 Ins/All Risk Property Premiums 371,713 426,691 461,335 461,335 576,670 115,335 6720 Ins/Workers Comp Premiums 421,953 408,600 448,800 448,800 488,480 39,680 6740 Claims Expense/Liability 1,055,978 516,291 600,000 691,515 700,000 100,000 6745 Claims Expense/Workers Comp 31,024 1,923,614 500,000 1,935,615 1,000,000 500,000 6755 Claims Expense/Unemployment 5,227 9,278 14,000 14,280 25,000 11,000 OPERATIONS SUBTOTAL 4,648,287 4,343,404 3,444,210 4,967,485 4,094,775 650,565 RISK MGMT. FUND TOTAL 4,863,448 4,612,821 3,726,345 5,274,071 4,364,847 638,502 134