HomeMy WebLinkAbout7/5/2017 - STAFF REPORTS - 4.B. Cost Centers
City of Palm Springs
Revenue Expense Difference
Golf Courses and Driving Range $4,395,000 $5,451,000 ($1,056,000)
Library- Main (1) 2,240,000 2,738,939 (498,939)
Welwood Library 0 326,500 (326,500)
Animal Shelter/Animal Control (2) 174,187 1,679,276 (1,505,089)
Recreation Programs (Sunrise):
For Kids Only(FKO) 60,000 106,623 (46,623)
Tiny Tots 25,000 67,384 (42,384)
Summer Camp 80,000 136,215 (56,215)
Softball Field Prep 32,000 75,000 (43,000)
Other Recreation Costs and Administration 38,900 969,836 (930,936)
Recreation Programs (JOJ):
Child Literacy Program 0 51,429 (51,429)
Youth Connection 0 5,371 (5,371)
Summer Camp 0 27,000 (27,000)
After School Tutoring 0 21,166 (21.166)
Camp 0 30,330 (30,330)
All Other JOJ Costs and Programs 10,000 582,944 (572,944)
Demuth 100,000 260,677 (160,677)
Skate Park 0 160,000 (160,000)
Swim Center 131,476 721,787 (590,311)
Convention Center 2,546,338 8,312,484 (5,766,146)
Tourism/Visitor Center 51,000 2,070,000 (2,019,000)
Convention and Visitor Bureau (CVB) 0 540,000 (540,000)
The Buzz 100,000 975,462 (875,462)
Neighborhoods 0 161,612 (161,612)
Economic Development 0 745.690 (745,690)
iHUB & Foreign Trade Zone 0 201,500 (201,500)
Downtown Restroom Program 0 49,300 (49,300)
Chamber of Commerce 0 20,000 (20,000)
CVEP 0 100,000 (100,000)
Plaza Theater 0 26,000 (26,000)
Crossing Guards 0 50,634 (50,634)
Railroad Station 16,000 90,788 (74,788)
Homeless (3) 0 1,175,675 (1,175,675)
PSCTV/ Public Information 0 407,326 (407,326)
Sponsorship / Events/Contributions 0 767,500 (767,500)
Police 0 25,734,798 (25,734,798)
Fire 372,000 15,329,520 (14,957,520)
Cost of paramedic upgrade from firefighter included in Fire 1,340,000 (1,340,000)
(1) The property taxes that the City receives for operating our own library is approximately
$2,200,000 for 2017-2018.
(2) The Friends of the Animal Shelter received$174,169 in adoption, clinic and other fees in 2016.
The City of Indio has a contract with the County for Animal Control services at an annual
cost of$925,000 to provide licensing, adoption,vaccination,sheltering, and spay and
neutering services. They no longer have an animal shelter in Indio and direct their
residents to the County's facility in Thousand Palms --which is not a no-kill shelter.
(3) Homeless budget: General Fund portion =$1,048,038; CDBG 17-18 request=$127,675.
Cost Centers(05-09-2017) ITEM N0.
5/9/2017; 3:45 PM
PERS and OPEB Expenditure History and Projection
All Funds
City of Palm Springs
Total CaIPERS Retiree Combined Annual
Pension Health CaIPERS & Increase to Cumulative
Costs Insurance Costs OPEB Costs be Funded Increase
2010-2011 Actuals $9,216,037 $1,677,973 $10,894,010
2011-2012 Actuals $11,155,157 $1,807,225 $12,962,382
2012-2013 Actuals $11,034,396 $1,976,604 $13,011,000
2013-2014 Actuals $12,163,807 $2,051,471 $14,215,278
2014-2015 Actuals $11,141,443 $2,301,963 $13,443,406
2015-2016 Actuals $11,975,712 $2,466,677 $14,442,389
2016-2017 Projection $13,187,066 $2,563,118 $15,750,184
2017-2018 Projection $14,375,266 $2,761,227 $17,136,493 $0 $0
2018-2019 Projection $16,706,148 $2,967,328 $19,673,476 $2,536,983 $2,536,983
2019-2020 Projection $19,231,659 $3,172,870 $22,404,529 $2,731,053 $5,268,036
2020-2021 Projection $21,937,338 $3,381,180 $25,318,518 $2,913,989 $8,182,025
2021-2022 Projection $24,101,915 $3,549,960 $27,651,875 $2,333,357 $10,515,382
2022-2023Projection $26,038,915 $3,743,221 $29,782,136 $2,130,261 $12,645,643
Cumulative
Increase
$39,148,069
Average
Additional
$per Year=
$6,524,678
Most Recent Unfunded Actuarial:
PIERS Liability $132.5 million
OPEB Liability $38.1 million
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7/5/2017 3:08 PM