FROM:
Finance
SUBJECT:
Title
Fiscal Year 2023-24 Midyear Budget Status Report - Fontana Fire District
End
RECOMMENDATION:
Recommendation
Approve the recommended Fiscal Year 2023-24 Midyear Budget adjustments.
End
End
COUNCIL GOALS:
• Improve public safety by maximizing fire and emergency medical service resources.
• Operate in a businesslike manner by ensuring that the public debate is based on accurate information.
• Practice sound fiscal management by producing timely and accurate financial information.
• Practice sound fiscal management by living within our means while investing in the future.
• Practice sound fiscal management by fully funding liabilities and reserves.
• Practice sound fiscal management by developing long-term funding and debt management plans.
• Practice sound fiscal management by producing transparent information in a timely matter.
DISCUSSION:
Each year, the Fire Protection District adopts a budget committing fiscal and staff resources to the accomplishments of its goals. During the year, actual revenues and expenditures are carefully monitored against the approved budget.
The current FY2023-24 operating budget includes total sources (revenues and transfers in) of $70.4 million and total uses (expenditures and transfers out) of $112.9 million. The recommended budget includes an increase to total uses of $5.3 million for a total of $118.2 million.
Summary of Key Points:
The Midyear Budget Report increases appropriations as follows:
• Fontana Fire District Fund #210
o Increase in appropriations of $385,925 for various fire station improvements and equipment.
o Contributions to City of $341,266 for the Station #81 lease agreement and solar panel contract termination.
• FFD - CFD 2002-2 Fund #211
o Carryover FY22-23 Q1 of $315,000 for drones, hazmat, and USAR equip.
• Fontana Fire Capital Project Fund #610
o Increase in appropriations of $4.3 million for Fire Station #80 Training Center.
FISCAL IMPACT:
The fiscal impact associated with the approval of this item is an increase in total appropriations and a decrease or use of fund balance of $5.3 million. Recommended changes are detailed in the attached report.
MOTION:
Approve staff recommendation.