Recreation Advisory Board Agenda and Packet 2020 07 27

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SUBJECT: RESOLUTION NO. 51, SERIES 2020 DATE: JULY 14, 2020 PAGE 2 OF 5 • Maximize partnerships and leverage resources to continue to provide core services while realizing cost savings. • Seek to regenerate and stabilize lost tax revenues through business support to re- open and recover. • Reset expectations for level of service and communicate these to the public and City staff. Reducing expenditure budgets result in a reduction to current service levels. Attached to this communication is narrative of service level impacts anticipated due to the expenditure reductions. 2. Increase certain operating and capital expenditure budgets for items that staff did not anticipate, or were not measureable, at the time the original 2020 budget was adopted. Staff is also proposing some increases to various expenditure budgets. Some of the most notable include: • Insurance premiums. • General fund transfers. • Utilities in the Recreation Center. • Police Department Basement Project. • Recreation Center Construction Project. • Water Plant Disinfection Evaluation Project. • Purchase of Golf Carts 3. Adjust the revenue budgets to align with the latest annual revenue estimates for 2020. Not only is staff proposing reductions to revenue categories due to the COVID-19 pandemic, but also increases and decreases to other revenue items that have been identified during department reviews. Including all the revenue adjustments give a better picture of the City's overall financial position. State law requires a public hearing to amend the budget. Staff published a notice of the public hearing as required by law. The expenditure budget amendment is shown by account detail and subtotaled by division and fund in Appendix A to the Resolution. The revenue budget amendment is shown by account detail and subtotaled by program and fund in Appendix B to the Resolution. CITY COUNCIL COMMUNICATION