2024-05-06 CC Agenda Packet SPC - PRESENTATION - Budget Study SessionCITY OF
ELSE GUNDO
Fiscal Year 2024-25
Budget Study Session
May 6, 2024
Presentation Agenda
1. Overview of Revenues, Expenditures, and Fund Balance
2. Departmental Budgets
3. Capital Improvement Program (CIP)
EL$EGUI
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 2
I
?General Fund
i
$88,295,510
53.8%
$96,690,772
57.0%
...............
2..
-........................................... _-----------
Water Fund ....................f_.
---------------------------------:----.---------------------•-------•;
36,850,OOa
.............
22.5%0
------------------------------------------------•----a
34,630,32T
------ ...
20.4/0
3
•-••.....-----•-
Transportation Funds
-- ----------------------------------•---•---------.............__.._...•-•----•--•-•...-••••-•------•----......
-
2,229,935
-•--------L---•--••-----------------•----•----------•------•----
1.4%
--•-----•-••-•-;
-----------------------------------
2,604,345
1-
--.--.-.-.--
1.5 /°
4
................
P ebt Service POBs
-.........................................................
•-------
9,497,716
5.8 /°
.-..._....---o
9,500,324
,
----- --- -
5.6 /°
5
Wastewater Fund
•----•------------------ ----------------------------------
5,200,000,
3.2%
:......
..--•------------------------r-------------•----o-•--•--••--
5,742,073
3.4%
................ ----------------------------•-------•-------•---•-•----•-
6 General Fund CIP
----------------------- ---------- IL-----•------------------•----------r-----------
8,432,500', 5.1 %
------------------------ r------------------------------
5,360,732i
3.2%
7
Equipment Replacement Fund
2,261,969,
1.4%
2,228,985
1.3%
................
8
r.........................................................
?Workers Compensation Fund
i..............
..------------------- F--------------------------- .
3,235,881: 2.0%
..... a ----...-------------------------- F----•---••---.•---•-•---------
3,424,172
2.0%
................-...-•---.........•...-•--••---...•----•---.-----.-�._._;-.-----------..._.
9 ;General Liability Fund
-•-•
-•-•-•-...--••---•---•-•-------•--------•----•-
3,115.0001 1.9%
..---.--•-.-----•----------•----•---------------------------------
i 3,105,OOQ
1.8%
•--•---••••••-•-----•-•••••---•......................
10 ,Dev. Services Trust
.: ••--••••---.....•.
_..... ....__..__..__.._...------...
270,000i
0.2%
- �- -
i
-----•.--------------. .--------------.-------------
270,OOQ
0.2%
................................................
11
......••-•••------.....:--------------------•-•--.._...----
Public Safety Special Rev.
i
-••---------••----------•-----
1,056,120i
0.6%
--.._....__._.....
;---------•-------
2,326,200
----•-------
1.4/°
---------------
12
•------------------------------------- ------ -------------
?Other Special Rev.
....................................
----------------------------------
935,811i
0.6%
--------
•---- ---------------------------------------------------
977,363i
0.6%
................
13
...............
----------------------------------------------------------------------------------------------------------------------------------
Rec & Econ Dev Trust Funds
---------------------------------------
1,050,006
0.6%
r----......--••--•---••-------------•----.........----
w
1,124,25Q,
-----•---•--
0.7%
14
•-- -----------�----------
?Cultural Dev. Trust Fund
,.-----••-•--.........-_
..........................----•-....._..--•-•-•----.......
--------------------------- ...------------•--•-----------------.--..------------
500.00a
0.3%
-••••---•---...._..•-•......------------
----------...----------•--------------------
250,000
....._._......------.....o
0.1 %
15
jDebt Service Fund
i
367,200
0.2%
35,000.
----- .......
0.0%
16
Solid Waste Fund
600,000
0.4%
300,00�
0.2%
................ i------------------------ •------------------- -------------
17 ISenlor Housing Fund
-----------------------
•----------- I -------------------------
203,099,
----------
0.1 %
-----------------------------------
IL --- -----
1,038,771
•---- ----------------
0.6%
.............
.I....•... •••••----•----•••-..................•.......• -i ...................................
----------------------
-----
--------- 1--•--••---------- F
........................
18
Golf Fund
0
0.0%
U
0.0%
--------------
19
1----••--------------•-•-••----..._..._------•------------
Economic Uncertainty
;
------------- F
0.
0.0%
0.0%
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
General Fund
$96,064,216.
49.0%
$98,704,537
45.9%
Water Fund
31,772,572;
16.2%
39,315,822
18.3%
Transportation Funds
2,599,026
1.3%
6,557,036
3.0%
.Debt Service POBs
9,497,706,
4.80/q
9,500,314
4.4%
Wastewater Fund
6,791,056
3.5%
7,837,440
3.6%
General Fund CIP
18,575,000
9.5%
30,312,501[
14.1%
Equip. Replcmt. Fund
18,233,737
9.3%
9,674,613
4.5%
Workers Comp. Fund
3,405,200:
1.7%
3,418,321
1.6%
General Liability Fund
3,222,127
1.6%
3,769,563
1.8%
:Dev. Services Trust
0
0.0%:
800,000:
0.4%
;Public Safety Spcl. Rev.
2,607,389
1.3%
2,541,360
1.2%
Other Special Rev.
1,024,592
0.5%
1,253,035
0.6%
Rec & Econ Dev Trust
169.000
0.1 %
136,000
0.1 %
Cultural Dev. Trust Fund
298,196.
0.2%
304,604
0.1%
Debt Service Fund
603.300
0.3%
542,851
0.3%
:Solid Waste Fund
300,000
0.2%
330,000
0.2%
Senior Housing Fund
808,981
0.4%
16,295
0.0%
Golf Fund
0
0.0%
0
0.0%
Economic Uncertainty
0
0.0%
0.0%
FY 2024-25 Appropriations (General Fund) - Detail
• Total Proposed Appropriations (General Fund) _ $98,704,537
➢ Personnel: $57,763,608 (61.2%)
➢ Maintenance & Operations (M&O): $25,490,353 (26.9%)
➢ Capital Outlay: $254,031
➢ Transfers Out: $15,196,546
ELSEGUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 9
FY 2024-25 Appropriations (General Fund) -Detail
• Transfers Out = $15,196,546
➢ Debt Service Fund (POB Payments): $9,500,314
➢ GF CIP Fund: $5,196,232
➢ Solid Waste Fund: $300,000
➢ Senior Housing Fund: $200,000
EL$EGUN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 11
FY 2024-25 Full -Time Equivalent (FTE)
Department FY2021-22 FY 2022-23 FY 2023-24 FY 2024-25 Change
Adopted Personnel Adopted Personnel Adopted Personnel Proposed Personnel
EI iECU <
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 13
FY 2024-25 Reserves
• General Fund Reserve: 25% ($23.4M)
• Economic Uncertainty Reserve: 2M
• OPEB Reserve: 33.4M
is Pension Trust Reserve: $5.81VI
• General Fund CIP Reserve: $400k
ELSEGUN I
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 15
Description
Proposed
Estimated Beginning Unassigned Fund Balance on July 1, 2024
$31,053,905
Proposed FY 2024-25 Revenues
$96,690,772
Proposed FY 2024-25 Appropriations (Net of GF CIP)
$(93,508,305)
Estimated Ending Fund Balance (June 30, 2025)
$34,236,372
25% Reserve Requirement (based on proposed recurring appropriations)
$23,377,076
Estimated Ending Unassigned Fund Balance after meeting 25% reserve
$796769829
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245
16
FY 2024-25 Unassigned Fund Balance Reserves
• Recommended use of $7,676,829
➢ $5,196,232 for Proposed GF CIP projects
➢ $2.41VI reserve for costs of new labor agreements
ELSEGUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 17
10-Year General Fund Financial Forecast
General Fund Ten -Year Projection
$140 000 000 -
$120,000,000 - -
$100,000,000
$80,000,000
$60,000,000
$40,000,000
$20,000,000
5/6/2024
$0
FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 FY2030 FY2031
Revenues o Appropriations - Fund Balance
City of El Segundo 1 350 Main St. El Segundo, CA 90245
$35,000,000
- $30.000,000
$25.000,000
$20,000,000
$15.000,000
$10,000,000
$5,000,000
$o
FY2032
18
Fiscal Year 2024-25
Cultural Development Fund
The Arts and Culture Advisory Committee (ACC) fund will present
their initiatives to City Council at the May 7, 2024 meeting.
ELSEGUN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 19
Proposed FY 2024-25 Debt Service Funds
• Douglas Street Gap Closure
➢ Funded with Traffic Mitigation Fees
$1,259,592 estimated beginning fund balance on 7/1 /2024
➢ Annual debt service payment of—$530,000
➢ Final payment: August 1, 2035
• Pension Obligations Bonds (POBs)
• Funded primarily by the General Fund & minimal amount from Enterprise Funds
• Annual payment of $9.7M
• FY 2024-25 will be the fourth year of principal payment towards the POB
• Final payment is due in June 2040
5/6/2024
City of El Segundo 1 350 Main St. El Segundo, CA 90245
20
ELSEGUNI
Proposed FY 2024-25 Special Revenue Funds
• Transportation Funds: $2,604,345
• Public Safety Special Revenue Funds: $2,326,200
• Other Special Revenue Funds: $977,363
• Senior Housing Funds: $1,038,771
Total of all Special Revenue Funds = 6 946 679
EL.S`EOUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 21
Proposed FY 2024-25 Enterprise Funds
• Water Fund *
➢ $57,103,371 estimated beginning fund balance on 7/1 /2024
➢ Estimated Revenues = $34,630,327
➢ Proposed Operating Budget = $39,315,822
➢ Proposed Capital Budget = $4,000,000
• Wastewater Fund
-$13,214,618 estimated beginning fund balance on 7/1/2024
➢ Estimated Revenues = $5,742,073
➢ Proposed Operating Budget = $7,837,440
➢ Proposed Capital Budget = $1,500,000
ELSEGUN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 22
Proposed FY 2024-25 Internal Service Funds
• Equipment Replacement Fund
➢ $999,246 estimated beginning fund balance on 7/1/2024
➢ Estimated Revenues = $2,228,986
➢ Proposed Budget = $9,674,613
• General Liability
➢ ($6,711,737) estimated beginning fund balance on 7/1/2024
➢ Estimated Revenues = $3,105,000
➢ Proposed Budget = $3,769,563
• Workers' Compensation
➢ ($4,061,606) estimated beginning fund balance on 7/1/2024
➢ Estimated Revenues = $3,424,172
➢ Proposed Budget = $3,418,321
ELSEGU.
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 23
Proposed FY 2024-25 Department Budget
ELSEGUNI
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 24
City Council
Budget Year I Expenditures I Personnel I M&O
Proposed Budget Changes
• Personnel: +$9k Medical Benefits
Positions
_ FT/PT
• M&O: -$20k Dues &Subscriptions, +$6k Computer Supplies
• Positions. N/A
ELSEGUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 25
Budget Year I Expenditures I Personnel I M&O Positions
FT/PT
City Attorney
Proposed Budget Changes
• M&O:
➢ +160k Legal Counsel ($655k budget)
➢ -$70k Litigation ($150k budget)
➢ +$10k Code Enforcement ($30k budget)
ELSEGUN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 26
City Clerk
Budget Year I Expenditures I Personnel I MHO I Positions
Proposed Budqet Chanqes
• Personnel: Contractual increases
• M&O: +$77.5k LA County Elections, +$3k Muni -Code Changes, +$2k
Ordinances & Notices, +$2.5k Training
• Positions: N/A
ELSEGUN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 27
City
Manager
Budget Year Expenditures i
Personnel I M&O L
Positions
FT/PT
Proposed Budget Changes
• Personnel: Convert: Community Cable Program Specialist to Media
Specialist (No budgetary impact)
• M&O-
5/6/2024
➢ -$70k Professional & Technical (-$40k Lobbyist, -$40k Hyperion PR, +$10k
Strategic Plan Facilitator)
➢ -$30k Van purchased in FY 2023-24
➢ -$25k Downtown Lighting Project (moved to PW)
➢ -$15k LAX Master Plan
City of El Segundo 1 350 Main St. El Segundo, CA 90245
28
E SEGUN
City
Manager
Budget Year I Expenditures I Personnel -I — M&O
Proposed Budget Changes (Cont.)
e M&O (Cont.):
Positions
FT/PT
➢ +$39k Dues & Subscriptions ($20.1 k SBCCOG, $12.8k Monday.com,
$5k Startup Market Data Platform Subscription )
➢ +$9k Travel & Training
➢ +$8k Social Media Monitoring Service
• Positions. -0.75 PT hours (PT)
ELSEGUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 29
Finance &
Treasury
Budget Year I Expenditures I Personnel I M&O I Positions
__ _ FT/PT
Proposed Budget Changes
• Personnel: +$70k Medical Benefits, +$70k WC's charge
• M&O: +$122k Professional &Technical (+$57k ERP Temps, +$50k HDL
Sales Tax Audit, +$15k Govinvest)
a Positions: N/A
EL$EGUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 30
Human
Resources
Budget Year I Expenditures I Personnel I M&O
Proposed Budget Chanqes
• Personnel: Portion of Risk Manager's allocated to GF
• M&G Status quo budget
• Positions: N/A
5/6/2024
City of El Segundo 1 350 Main St. El Segundo, CA 90245
31
Positions
FTIPT
ELSECUNI
Information
Systems
Budget Year I Expenditures I Personnel I M&O
Proposed Budqet Changes
• Personnel: Cleanup: +$92k Admin Specialist, +$20K Intern, $30k GIS
position from step Ato step C
3 M&0:
➢ +$169k Hardware (Palo Alto Firewall)
➢ +$21 k Contractual Services
➢ -$170k Professional &Technical (Professional Support)
➢ -$33k Copy Machine
• Positions: N/A
Positions
FT/PT
ELSEGUV
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 32
Budget Year I Expenditures I Personnel I M&O
Community
Development
Proposed Budget Chances
• Personnel: Clean Up: +$49k Code Compliance Officer (PT)
• M&O:
➢ -$150k Professional & Technical
➢ -$25k Senior in Home Care (moved to RPL)
➢ -$15k Juvenile Division (moved to RPL)
➢ -$30k Delivered Meals (moved to RPL)
• Positions: +0.5 FTE (PT)
Positions
FT/PT
ELSEGUN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 33
Budget Year I Expenditures I — Personnel I M&O
Police
Department
Proposed Budget Changes
• Personnel: +$137k Personnel changes
➢ Clean up: Police Officer (FT) +$176k
➢ New: PSO I (FT) +$110k
➢ Delete: Police Assistant (FT) -$106k
➢ Delete: PSO II (PT) -$43k
5/6/2024
City of El Segundo 1 350 Main St. El Segundo, CA 90245
34
Positions
FT/PT
E SEGUN
PD Division
Admin
Patrol & Safety
Crime Investigations
Traffic Safety
Community Relations
Total:
24-
Proposed
$ 82,500
700, 000
145,000
85,000
703000
$1,082,500
FY 23-24
Ado ted
$ 755000
5505000
1305000
75,000
705000
$ 9009000
FY 22-23
Actual
$ 82,803
833,266
152,294
138,170
26,296
$ 112325829
FY 21-22
Actual
$ 54,674
627, 014
125,076
79,385
61,307
$ 9479456
Budget Year Expenditures I Personnel I M&O I _ Positions
FT/PT
Police
Department
Proposed Budget Changes (Cont.)
® M&O®
➢ +$176k Equipment Replacement Fund
➢ +$154k Contract Services
• +$92k South Bay Regional Public Communications Authority (SBRPCA) dispatch
• +$34k INSB JPA— MB Water Tower Antenna
• +$21 k INSB JPA—Annual Maintenance
• +$7k Animal Sheltering Services
➢ -$249k Capital/Other Improvements (DIF funds)
5/6/2024
City of El Segundo 1 350 Main St. El Segundo, CA 90245
36
EL,,EGU\
Budget Year Expenditures I Personnel I M&O -I- Positions
FT/PT
Police
Department
Proposed Budget Changes (Cont.)
• Positions,- +1.0 FTE Overall
➢ +1.0 FTE (FT) Police Officer
➢ +1.0 FTE (FT) PSO I
➢ -1.0 FTE (FT) Police Assistant
➢ +0.5 FTE (PT) Personnel Officer
➢ -0.5 FTE (PT) PSO II
ELSEGUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 37
Fire
Department
Budget Year I Expenditures I Personnel I M&O — Positions
FT/PT
Proposed Budqet Changes
• Personnel: +$51 k Personnel Changes
➢ Reclassification: Admin. Specialist (FT) to Sr. Admin Specialist (FT) $13.5k
➢ New: License Permit Specialist II (PT) $33.9k (Cost Recoverable)
➢Delete: Administrative Intern (PT) -$4k
ELSECUN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 38
Budget Year Expenditures I Personnel I M&O Positions
FT/PT
Fire
Department
Proposed Budget Changes (Cont.)
• M&O: +$204k Command Vehicle (Old DIF, ERF)
+$140k Professional &Technical (Plan Check -cost recoverable)
+$48k Equipment Replacement Fund
+$34k Communication (INSB JPA— MB Water Tower Antenna)
+$30k Repairs & Maint. (Fire Lobby Front)
-$107k EOC project
-$54K Ongoing Software (moved to IT)
r•.LSecu
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 40
Budget Year I Expenditures I Personnel I M&O
Fire
Department
Proposed Budget Changes (Cont.)
• Positions: +0.25 FTE Overall
➢ +0.50 FTE (PT) License Permit Specialist (Cost Recoverable)
➢ -0.25 FTE (PT) Admin. Intern
5/6/2024
City of El Segundo 1 350 Main St. El Segundo, CA 90245
41
Positions
FT/PT
ELSEGUNi
Budget Year I Expenditures I Personnel I M&O I Positions
FT/PT
Public Works
Proposed Budcliet Changes
Personnel:
➢ Update: +$206k Environmental Programs Manager
➢ Clean Up: +$189k Sr. Civil Engineer
➢ Update: +$44k Overtime
➢ Update: $19k Sr. Engineer Associate from Associate Engineer
ELSEGUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 42
Budget Year Expenditures Personnel I m&o Positions
I
l FT/PT _
Public Works
Proposed Budget Changes (Cont.)
`--
+$265k Contractual services
• Engineering Inspection, Plan Check, Architectural Services: $+100k
• Citywide Trash Disposal Contract: +$50k (Bulky Item)
• Pool Maintenance: +$50k
• Roof Maintenance: +$35k
• Custodial Services: +$20k
➢ +$175k Vehicle Operating Charge (Aging pump station, vehicles, Fire
Truck Maint.)
ELSEGUN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 43
Budget Year I Expenditures I Personnel I M&O
Public Works
Proposed Budqet Changes (Cont.)
M&O: (cont.)
➢ +$91k Operating Supplies
➢ +$85k Emergency Facilities Repair (Aging infrastructure)
➢ +$20k Aquatics Electricity Charges
➢ -$25k Professional &Technical (Less temp staff)
• Positions:
➢
+1.0
FTE
(FT)
Environmental Program Manager
➢
+1.0
FTE
(FT)
Sr. Civil Engineer
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245
Positions
FT/PT
44 ELSEGUPli
Budget Year I Expenditures I Personnel I M&O I Positions
FTIPT
Recreation and
Parks (RPL)
Proposed Budget Changes
• Personnel:
➢ New: +$205k Lifeguard Hiring Program
➢ Update: +$202k Aquatics Manager
ELSEGUN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 45
Recreation
Parks, and
Library
Proposed Budgetary Impact
• Lifeguard Trainee: 7 510 + contract instructor costs
• Lifeguard: $151,453
• Swim Instructor: $3.333
• Senior Lifeguard: 28 050
• Recreation Specialist: $14,427
$204,773 (Total)*
*Actual fiscal impact would depend on the number of hours worked versus budgeted
ELSEGUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 46
Budget Year I Expenditures I Personnel I M&O I Positions
FT/PT
Recreation and
Parks (RPL)
Proposed Budget Changes (Cont.)
® M&O:
➢ +$88k Contractual Services ($30k Meals on Wheels, $25k Always Right Home
Care, $17k Special Event's, $15k South Bay Children's Health Center)
➢ +$56k Professional & Technical (Contract Instructors)
➢ +$50k Automotive/Equipment (various Parks equipment replacement)
➢ +$45k Operating Supplies (20% increase in costs, $20k Hilltop Bathroom
fixture, $6k Downtown Baskets)
➢ +$10k Repairs & Maintenance (Garden East Plot)
EL�,EGLIN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 47
Budget Year I Expenditures Personnel I M&O Positions
FT/PT
Recreation and
Parks (RPL)
Proposed Budget Changes (Cont.)
• Positions:
➢ +1.0 FTE (FT) Aquatics Manager
➢ -47.45 FTE (PT) updating total part-time hours for Recreation Leader
and Lifeguard
ELSEGUN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 48
Budget Year I Expenditures I Personnel I M&O I Positions
FT/PT
Library (RPL)
Proposed Budget Changes
• Personnel: 5% vacancy rate was not added
• M&O:
➢ +$30k Chairs & Tables (DIF)
➢ +$22k Professional & Technical (+$15k Departmental Strategic Planning
(DIF), +$4k Children's program planning, +$3k Cataloging)
➢ +$9k Children's Computers (DIF)
• Positions: -0.15 PT hours
ELSEGUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 49
Proposed 5-Year
Capital Improvement Program (CIP)
Goal 4: Develop Quality Infrastructure and Technology
Objective: El Segundo's physical infrastructure supports an appealing, safe, and effective community.
ELSECUVi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 50
Highlight: CIP Projects Completed or
Soon to Be Completed
• El Segundo Boulevard Improvement Project
• FY 2023-24 Pavement Rehabilitation Project
• City Hall Phase 2 Improvements Project
• George Brett Field Restroom Improvements Project
• Smoky Hollow Parking Pilot Project
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 51 ELSEGUN
Proposed FY 2024-25 CIP Projects for All Funds
• Carryover projects in progress or about to begin = $249034,9150
• New Projects = $179937.732
• $5,850,000 Proposed Transportation Funds Appropriations
• $5,500,000 Proposed Enterprise Funds Appropriations
• $ 991,500 Proposed Special Revenue Funds Appropriations
• $ 400,000 Proposed Stormwater Fund Appropriations
• $5,196,232 Proposed General Fund Appropriations
5/6/2024
$41,971,882 (Total)
City of El Segundo 1 350 Main St. El Segundo, CA 90245
52
ELSEGUNi
Proposed FY 2024-25 General Fund CIP
• (#25) $ 21,232
• (#27) $ 100,000
• (#29) $ 250,000
• (#32) $ 300,000
• (#35) $ 80,000
• (#36) $ 100,000
• (#37) $ 100,000
• (#38) $ 130,000
• (#39) $ 50,000
• (#45) $ 4,000,000
• (#51) $ 65,000
$5,1969232
Library Southwall Waterproofing
EV Charging Station
HVAC (Citywide)
Main Street Banner Poles Replacement
Fire Alarm Panels (Citywide)
Citywide Misc. Repair
Plumbing (Citywide)
Miscellaneous Electrical (Citywide)
Miscellaneous Equipment (Citywide)
Recreation Park Projects Phase I Reserve
Downtown Beautification
(Total)
ELSEGUN
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 53
Proposed FY 2024-25 Next Steps
• FY 2024-25 Budget Public Hearing and Adoption (June 4, 2024)
• Beginning of FY 2024-25 (July 1, 2024)
ELSEGUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 54
Questions
ELSECUNi
5/6/2024 City of El Segundo 1 350 Main St. El Segundo, CA 90245 55