October 23, 2018 Jasmin Bains, Financial Services Director measure J lunch & Learn October 23, 2018 Jasmin Bains, Financial Services Director CITY OF COALINGA The Sunny Side of the Valley

Measure J Nov 6th Election 1% Sales Tax Initiative $969,157 Annual Revenue Projection 11/23/2018

General Fund FY18-19 11/23/2018 Fiscal Years: 2013 2014 2015 2016 2017 2019   Actual Adopted (unaudited) Beginning Fund Balance 2,088,604 686,945 (697,315) (36,836) (1,208,625) (1,460,455) (2,021,790) Revenue: General 5,017,162 4,699,923 6,033,650 5,025,679 4,703,801 9,352,053 5,475,336 7,348,100 Fire/EMS 1,498,986 1,666,570 1,871,867 1,431,496 2,305,271 1,199,476 2,465,100 1,646,100 Airport 105,743 102,555 69,569 84,246 102,850 90,604 TOTAL REVENUE: 6,621,892 6,469,048 7,975,086 6,541,421 7,111,922 10,642,133 8,043,286 9,097,050 Expense: Elected Officials 189,839 206,063 250,176 413,349 230,717 448,671 226,670 308,273 Community Development 362,606 321,946 276,812 317,657 304,956 425,803 447,036 426,359 Administration 216,635 220,846 76,481 68,685 78,831 124,930 139,539 88,634 Finance 190,296 137,486 142,651 222,684 168,970 173,350 170,417 173,135 Human Resources 238,679 219,751 153,458 112,500 137,934 104,017 140,452 127,951 Police 3,225,924 3,124,602 2,909,068 2,969,102 3,058,000 3,362,684 3,183,127 2,741,933 Animal Control - 152,099 125,397 Fire 2,821,682 2,820,014 2,674,991 2,405,794 3,325,920 2,754,887 3,601,500 2,867,150 Service Center 161,925 159,291 156,790 159,407 166,556 155,577 111,888 50,998 Building Maintenance 156,867 150,636 127,655 141,381 187,873 200,893 190,955 198,715 215,518 217,477 125,659 80,648 104,800 110,995 121,156 123,683 Municipal Grounds Maint. 243,581 137,176 138,970 150,118 141,588 135,496 116,157 115,058 Sub Total 8,023,551 7,715,289 7,032,711 7,041,325 7,906,145 7,997,303 8,600,996 7,347,286 Prior Period Adjustments 241,000 671,885 Enterprise Fund Allocations 635,791 Sale of Property 632,166 CCF Operations/Maintenance 138,018 40,897 2,896,660 TOTAL EXPENSE: 7,853,308 7,314,608 7,713,210 10,893,963 8,604,621 Operating Deficit (557,710) Ending Fund Balance (2,002,848) (272,026) Variance: Revenue vs Expense (1,401,659) (1,384,260) 660,478 (1,171,789) (794,223) (251,830) (561,335) 1,749,764 11/23/2018

General Fund Revenues FY18-19 Description Amount Percentage TAXES 4,643,325.00 51.04% CHARGES FOR SERVICES 2,287,744.00 25.15% TRANSFERS FROM OTHER FUNDS 1,714,431.00 18.85% LICENSES & PERMITS 235,450.00 2.59% USE OF PROPERTY & MONEY 87,850.00 0.97% INTERGOVERNMENTAL 52,000.00 0.57% MISCELLANEOUS REVENUE 45,750.00 0.50% FINES & PENALTIES 20,500.00 0.23% GRANTS 10,000.00 0.11% Total Revenue 9,097,050.00 100% 11/23/2018

General Fund Revenue FY18-19 11/23/2018

General Fund Expenditures FY17-18 Department Amount Percentage Fire 2,867,150 39.02% Police 2,741,933 37.32% Community Development 426,359 5.80% Elected Officials 308,273 4.20% Building Maintenance 198,715 2.70% Finance 173,135 2.36% Human Resources 127,951 1.74% Animal Control 125,397 1.71% Airport 123,683 1.68% Municipal Grounds Maint. 115,058 1.57% Administration 88,634 1.21% Service Center 50,998 0.69% Total Expenditure 7,347,286 100% 11/23/2018

General Fund Expenditures FY17-18 11/23/2018

General Fund FY 2018-2019 BUDGET 11/23/2018

General Fund FY 2018-2019 BUDGET 11/23/2018

Questions Jasmin Bains, Financial Services Director jbains@coalinga.com 559-935-1533 Ext. 129 11/23/2018