Legislation Details

File #: HIST-14427    Version: 1 Subject:
Type: Historical Status: Action Item
In control: City Council Meeting Agenda
On agenda: 7/26/2010 Final action: 7/26/2010
Title: FOUR-FIFTHS VOTE REQUIREMENT – Approval of a Budget Amendment to Appropriate General Fund Reserves Towards Infrastructure and Technology Improvements.
Attachments: 1. FOUR-FIFTHS VOTE REQUIREMENT – Approval of a Budge - A-3__10-07-26_CFO_CITY COUNCIL__Appropriation of Reserves - FINAL.doc
City of Culver City, California Agenda Item Report Meeting Date: 07/26/2010 Item Number: A-3 CITY COUNCIL AGENDA ITEM: FOUR-FIFTHS VOTE REQUIREMENT – Approval of a Budget Amendment to Appropriate General Fund Reserves Towards Infrastructure and Technology Improvements. Contact Person/Dept.: Jeff Muir/Finance Charles D. Herbertson, Public Works Phone Number: (310) 253-5865 (310) 253-5630 Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No [] Public Hearing: [] Action Item: [X] Attachments: [] Commission Action Required: Yes [] No [] Date: _______________ Public Notification: (E-Mail) Meetings and Agendas – City Council (07/21/10) Department Approval: Jeff Muir (07/20/10) Charles D. Herbertson (07/20/10) City Attorney Approval: Carol Schwab (by H. Baker) (07/21/10) Chief Financial Officer Approval: Jeff Muir (07/20/10) City Manager Approval: P. Lamont Ewell (07/22/10) RECOMMENDATION: Staff recommends the City Council approve a budget amendment which appropriates $4 million from the General Fund Reserve towards infrastructure and technology improvements. A Budget Amendment requires a 4/5 vote. BACKGROUND: Financial reports and budget presentations over the last few fiscal years have included in-depth discussion of the substantial backlog the City has in terms of deferred maintenance for its streets, sidewalks, streetlights and public facilities. During the presentation of the City Manager’s Proposed Budget for Fiscal Year 2010/2011, the City Manager recommended the City Council consider modifying the Fiscal Policy requiring the City to maintain 30% of the operating General Fund expenditure budget in reserves. The recommendation included lowering the reserve requirement to 20% and investing some portion of reserves in excess of this amount into deferred maintenance and/or technology projects that would increase efficiency (and thereby potentially reduce costs of doing business in the long-term). The City Council deliberated the matter and decided against changing the policy at that time. The City Council did express being open to further discussion of the idea, including temporarily dipping below the current reserve policy in order to make needed deferred maintenance investments. City of Culver City, California Agenda Item Report The estimated General Fund Reserve balance at the end of Fiscal Year 2010/2011 is $28.7 million. This represents a 35.1% reserve level based on the adopted operating expenditure budget. Based on the City Council Adopted Budget for Fiscal Year 2010/2011, the City could appropriate approximately $4.1 million towards one- time projects and still maintain a 30% General Fund reserve as required by the current policy. Therefore, staff is recommending the appropriation and investment of $4 million of General Fund reserves into deferred maintenance and technology upgrade projects. DISCUSSION: Infrastructure Projects Staff is recommending investing $2 million in deferred maintenance projects in the categories of streets ($1 million), street lights ($600,000), Vet’s Memorial Building (VMB) improvements ($250,000) and irrigation upgrades at City parks ($150,000). These areas of investment were identified by the Public Works Director in consultation with the Parks, Recreation, and Community Services Director (for the VMB and irrigation projects) as meeting the criteria of high need and also the ability to complete the projects within the fiscal year. The specific projects within these categories are as follows: Project Category Project Estimated Budget Streets Segrell Way $232,000 Dobson Way and Stevens Circle $185,000 Hayter Avenue - Sawtelle to Port $97,000 Jasmine Avenue - Farragut to Culver $157,000 Kinston Avenue - Jefferson to Lindberg Park $102,000 Rhoda Way - Cota to Studio $113,000 Walgrove Avenue - Washington to Zanja $74,000 Contingency $40,000 Total Streets $1,000,000 Street Lights Replace Street Lights between Washington Place and Washington Boulevard on the following Streets: Coolidge, Berryman, Minerva, Bledsoe, Albright (except new street lights installed as part of assessment district) $600,000 Total Street Lights $600,000 City of Culver City, California Agenda Item Report VMB Improvements Install wireless capabilities $40,000 Electronic Reader Board $75,000 Renovate Main Kitchen and Concession Counters $75,000 Renovate backstage meeting/dressing rooms $30,000 Aesthetic improvements to Auditorium & Meeting Rooms $30,000 Total VMB $250,000 Parks Irrigation Upgrades Culver City Park $65,000 City Wide Upgrades to Weather Based Controllers $30,000 Add Master Valves and Flow Meters where not installed $55,000 Total Parks Irrigation Upgrades $150,000 Grand Total $2,000,000 Staff is also currently investigating the possibility of leveraging the funds through a public/private partnership or other arrangement that may allow the City to do even more with this appropriation. Staff is requesting City Council approval and appropriation for the baseline project list above. If, prior to the end of October, staff is able to identify a way to better leverage these funds, a staff report will be brought to the City Council requesting authority to do so. If this possibility does not materialize by the end of October, staff will move forward with the baseline projects above. Technology Upgrade Staff is recommending establishment of a project budget for replacement of the City’s financial system in the amount of $2 million. This project will provide the City with a comprehensive financial software package that will include improved efficiencies in various workflows as well as an improved ability for departmental staff and executive management to better leverage the data in the system in decision making and financial planning. JD Edwards’ One World Xe is the current primary Culver City Enterprise Financial System platform. The system provides different modules including General Ledger, Accounts Payable, Accounts Receivable, Payroll and Human Resources, and City of Culver City, California Agenda Item Report Purchasing. JD Edwards was implemented in Culver City in 1999, largely due to concerns that the prior system could not support Y2K concerns. The JD Edwards system is difficult to navigate and extract information from for the casual user. There are a number of stand-alone financial software applications that have been internally developed or purchased because JD Edwards does not offer the module, or it was not suited to the City’s needs. These include: • Employee Time Reporting • Budget Preparation • Cashiering • Check Printing • Report Writing • Job Costing • Inventory / Warehouse • Fixed Assets • Applicant Tracking • Business license administration • Refuse billing Maintaining these separate systems and any integration they maintain with JD Edwards can be complicated and costly. Some of the internally developed applications are highly reliant on key IT staff members, which can present problems if they are unavailable. One of the goals of a financial system replacement project will be identifying a system that incorporates as many of these modules as possible, where system interfaces are already included and all maintenance and support comes from one vendor. JD Edwards was acquired by Peoplesoft, which was then acquired by Oracle. This consolidation of three large software vendors into the Oracle umbrella has resulted in uncertainty about future JD Edwards One World product development and support for the municipal government financial and human resources software. Oracle has recently pledged expansion of JD Edwards, and that they will fully support the Microsoft SQL database. However, the City should weigh this against what it has seen during past years in terms of support, which from staff’s perspective has been lacking. The other issue facing the City is the requirement for the City to upgrade the JD Edwards software. Based on our most recent information, this upgrade must be completed by December 31, 2012 or the City will no longer receive software support. Based on new software licensing costs from Oracle and the professional consulting required, this upgrade is estimated to cost between $250,000 and $300,000. Staff feels strongly that this money would be better spent on investing in an improved replacement system. City of Culver City, California Agenda Item Report To summarize, staff strongly recommends moving forward with a financial system replacement project. This will ultimately result in the ability to better optimize workflows and create efficiencies, provide better access to financial data to assist in decision making and allow the City to avoid the substantial cost required just to upgrade the current system. FISCAL ANALYSIS: The funds recommended for appropriation above will be added to the following accounts: Account Description Amount 42000863.730100 Local Street Resurfacing $1,000,000 42000684.730100 Street Light Replacement $600,000 42000876.730100 Veterans Memorial Bldg. Refurbishment $250,000 42000612.730100 Park Irrigation Upgrades $150,000 42000636.730100 Financial System Replacement/Enhance $2,000,000 ATTACHMENTS: None. MOTION: That the City Council: 1) Approve a Budget Amendment appropriating $4 million in General Fund Reserves towards infrastructure and technology improvements; and, 2) Authorize the City Manager to investigate the ability to further leverage the $2 million for deferred maintenance projects; 3) Authorize the City Manager to move forward on the baseline projects identified if leveraging opportunities are not identified by October, 2010. A Budget Amendment requires a 4/5 vote.