City Manager Debra Figone‘s annual budget performance review, which will go before the City Council on Tuesday, shows that 2012-13 revenue totaled $2.29 billion, about 1.2 percent ($28.6 million) below the budgeted estimate.
Meanwhile, expenditures last fiscal year totaled $2.36 billion, or 16.1 percent ($453 million) below budget. Unfortunately, the city’s contingency reserve no longer meets the requirement that it be at least 3 percent of the total budget. So, the city is expected to reallocate some cash—just about $1.7 million—to bring it up to code. Read the entire report.
More from the San Jose City Council agenda for October 8, 2013:
• District 5 Councilman Xavier Campos will host a gun buyback at Our Lady of Guadalupe Church in December. Police will be on hand to handle the weapons, which anyone can turn in, no questions asked.
• A study reaffirmed that the city charges a reasonable amount for solar panel permit fees: $500 for every residential plus $15 for every kilowatt over 15kW and $1,000 for commercial rooftop systems up to 50kW. But Councilman Kansen Chu says the city should consider creating incentives, offering a discount rate to encourage more people to install solar. The timing of Chu’s memo comes just a couple weeks after Fly detailed an expensive sustainable communities conference he attended a portion of earlier this year in Yosemite.
• The city wants to relocate police helicopter operations from NASA Ames to the Reid-Hillview Airport.
• A semi-annual review of city audits shows that there are 240 recommendations that have yet to be addressed. That includes 208 that were outstanding after the prior half-year review and 32 issued during the past six months. Those departments need to get on it, especially since 48 of those recommendations could save the city up to $58 million—maybe more—if implemented.
WHAT: City Council meets
WHEN: 1:30pm Tuesday
WHERE: City Hall, 200 E. Santa Clara St., San Jose
INFO: City Clerk, 408.535.1260