AGENDA TITLE:
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Resolution Adopting the Fiscal Year 2024/25 Annual Budget
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MEETING DATE:
June 20, 2024
PREPARED BY:
Lisa Noffsinger, Budget Manager
recommendation
RECOMMENDED ACTION:
Adopt a resolution to approve the Fiscal Year ("FY") 2024/25 Financial Plan and Budget, Appropriation Spending Limit, Investment Policy, and new classifications, job descriptions, and salary ranges for four positions.
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BACKGROUND INFORMATION:
Staff presented information regarding the FY 2024/25 budget at Council Meetings on April 30, May 14, May 21, June 5, and June 13, 2024. The draft budget document was made available to Council and released publicly online on May 24, 2024. The full proposed budget is available on the City's webpage at: https://city-lodi-ca-budget-book.cleargov.com/16366.
The proposed General Fund for the FY 2024/25 budget is presented with revenues and expenditures of $83,606,240. The remaining fund expenditures are shown in Table 1, bringing the City's total FY 2024/25 budget to $276,676,890.
Staffing Changes - The budget proposes 462 full time employees, a net increase of ten (10) from FY 2023/24 authorized positions. The recommended changes are shown in Table 2:
* Add (1) Facilities Maintenance Worker - this position is requested for Public Works to assist with the additional maintenance burden of aging infrastructure and the addition of three new facilities which include the Animal Shelter, Access Center, and 22 S Main St. affordable housing project.
* Eliminate (1) CDD Program Specialist; Add (1) Administrative Analyst - the Community Development Department was unable to fill the vacant Program Specialist position for nearly two years, and recommends replacing the position with an analyst that can provide support to Neighborhood Services, work with staff to monitor grants, perform budget reconciliation, and ensure compliance with Federal, State and local funding requirements.
* Reclass Building Inspector II...
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