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HomeMy WebLinkAbout02/07/2000 BAKERSFIELD Patricia J. DeMond, Chair Mike Maggard Mark Salvaggio Staff: Darnell Haynes SPECIAL MEETING NOTICE BUDGET AND FINANCE COMMITTEE of the City Council - City of Bakersfield Monday, February 7, 2000 12:00 noon City Manager's Conference Room Second Floor- City Hall, Suite 201 1501 Truxtun Avenue, Bakersfield, CA AGENDA 1. ROLL CALL 2. APPROVAL OF DECEMBER 20, 1999 AGENDA SUMMARY REPORT 3. PUBLIC STATEMENTS 4. DEFERRED BUSINESS A. UPDATE AND POSSIBLE COMMITTEE RECOMMENDATION REGARDING REQUEST FROM KERN COUNTY FOR AIRPORT TERMINAL FUNDING B. DISCUSSION AND POSSIBLE RECOMMENDATION REGARDING PROPOSAL RECEIVED FROM DAVID TURCH AND ASSOCIATES, WASHINGTON D.C. LOBBYIST- Rojas 5. NEW BUSINESS A. DISCUSSION AND RECOMMENDATION REGARDING ACCEPTANCE OF THE 1998-99 CITY OF BAKERSFIELD TRANSPORTATION DEVELOPMENT ACT FUNDS FINANCIAL STATEMENT - Rojas B. DISCUSSION REGARDING THE EQUIPMENT MANAGEMENT FUND - Rojas C. DISCUSSION AND RECOMMENDATION OF FY 2000- 01 COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG), HOME AND EMERGENCY SHELTER GRANT (ESG) ANNUAL SPENDING PLAN - Wager D. SET FUTURE MEETING DATES - Haynes 6. ADJOURNMENT DH:jp DRAFT BAKERSFIELD ~~'~~ Patricia J. DeMond, Chair Alan Tandy, Cit~, ~ger Mike Maggard Staff: Darnell Haynes Mark Salvaggio AGENDA SUMMARY REPORT SPECIAL MEETING BUDGET AND FINANCE COMMITTEE Monday, December 20, 1999 12:00 p.m. City Manager's Conference Room 1. ROLL CALL Call to Order at 12:05 p.m. Present: Councilmembers: Patricia J. DeMond, Chair; and Mark Salvaggio Mike Maggard arrived at 12:10 p.m. 2. ADOPT OCTOBER 13, 1999 AGENDA SUMMARY REPORT Adopted as submitted with one typographical correction. Strike the words "City Attorney Alan Tandy" and replace with "City Manager Alan Tandy." 3. PUBLIC STATEMENTS None 4. DEFERRED BUSINESS A. UPDATE AND POSSIBLE COMMITTEE RECOMMENDATION ON AGREEMENT AND SECOND DEED OF TRUST wITH THE BAKERSFIELD MUSEUM OF ART Approximately a year ago a request was received from the Museum to review the agreement that had been entered into between them and the City. They were interested in a major expansion at a cost of approximately $2 million. The reverter clause in the agreement was preventing them from securing financing. City staff work with Museum staff and reached an acceptable alternative to include language involving a second trust deed with the City having the first right of refusal. With AGENDA SUMMARY REPORT BUDGET AND FINANCE COMMITTEE Monday, December 20, 1999 Page -2- that came the issue of an appraisal should the City decide to exercise its option. Initially it was proposed there would be three appraisals done, one at the cost of the City (Beneficiary), and two at the cost of the Museum (Trustor), but the option of which appraisal would'be used was left open. Museum representatives expressed concern if you have three appraisers and they cannot agree, whose appraisal would be used. Through Mr. Werdel it was proposed if the three appraisers cannot agree that we would use the middle appraisal and the high and Iow appraisals would be discarded. Before the Committee could meet on this issue, Mr. Werdel sent the City a letter dated December 15th with another alternative. This second alternative incorPorated language in the event the Beneficiary and Trustor are unable to agree on the selection of an appraiser. The City Attorney's Office reviewed both proposals and indicated either one is acceptable. In further explanation, the second alternative includes language that as long as the difference in the two appraisals does not exceed 5%, the purchase price shall be an average of the two. If the difference exceeds 5% of the lower of the two appraisals, the two appraisers shall select a third appraiser and that appraisal shall be the purchase price.. After discussing the proposals from the Museum, the Committee unanimously recommended accepting the second alternative and forwarding it to the Council for approval Committee Chair DeMond.thanked everyone for all the hard work that staff, the Museum and the Committee contributed to resolving this issue. 5. NEW BUSINESS A. DISCUSSION REGARDING THE CITY OF BAKERSFIELD INVESTMENT POLICY The City modified its Investment Policy some time ago which placed lower caps on the percentages invested, as well as restricting the type of investment. These restrictions currently hamper the City Treasurer from maximizing interest earning rates. Staff is requesting the following changes: 1. Current - Obliqations issued bv the United States Government Agencies: "At the time of purchase no more than 10% of the portfolio may be invested in any single agency name." Recommendation - 10% be increased to 20%. 2. Current. Repurchase Agreements (Commonly Called Repos): "The maturity of Repos shall not exceed 30 days." Recommendation - 30 days be increased to 90 days. AGENDA SUMMARY REPORT BUDGET AND FINANCE COMMITTEE Monday, December 20, 1999 Page -3- 3. Current. Local Agency Investment Fund (State Local Investment Pool)' "Investment may be up to the maximum permitted by State Law or 30% of the portfolio whichever is less." Recommendation - 30% of the portfolio whichever is less be changed to 40%. 4. Current - Time Certificates of Deposit (-rCD's): "No more than 30% of the portfolio may be invested in this category." Recommendation - No more than 30% of the portfolio may be invested in this category be.changed to 40%. 5. Current - Mutual Funds: "No more than 15% of the portfolio may be invested in-this category." Recommendation - No more than 15% of the portfolio may be invested in this category be changed to 20%. 6. Current - Fireman's Disability Retirement Fund: "Up to 25% of the retirement fund may be invested in securities of a single agency of the four triple A rated United States Government agencies authorized in this policy." Recommendation - Up to 25% of the retirement fund be changed to 40%. In many instances, the requested percentage changes are still more restrictive than what is currently allowed in the State Government Code. In response to a question regarding our cash investments and if the City has any protection, Bill Descary responded that we are protected in terms of the rating. All four federal agencies listed in the Policy used by the City have a triple A rating. For large CD's we revert to collateralization, which is required by the State Government Code. After discussion about the concentration of risk and protection, the Committee unanimously. approved staff's requested changes be forwarded to the Council for adoption. B. DISCUSSION AND POSSIBLE RECOMMENDATION REGARDING THE CITY OF* BAKERSFIELD SELECTING A SINGLE INVESTMENT FIRM FOR CUSTODY OF CITY INVESTMENTS This item was referred to the Committee at the request of Council member Couch concerning why the City does not use one custody agent, as does the County. Mr. Klimko explained the City's Investment pool is $100,000,000 versus the County's pool of approximately $1 billion, allowing them to absorbs wire transfer and other administrative costs with minimal impact. The three banks with whom the City has custody agreements provide their service free of charge. AGENDA SUMMARY REPORT BUDGET AND FINANCE COMMITTEE Monday, December 20, 1999 Page -4- Due to a change in the State Government Code, it was necessary for the City to secure a separate custody agreement to handle other securities that are not dealt with through our existing agreements. To channel all of our transactions through one institution would require an increased internal workload, as well as additional administrative costs. As part of this issue, Committee Chair DeMond stated there also was concern in not placing our business with local banking institutions. Bill Descary responded that while two of the three banks, Bank of Amedcan and Union Bank of California have a local presence, all of their corporate trust departments are located in a major city, e.g., Los Angeles and San Francisco. Even by utilizing one institution, the actual trust work would still be handled outside of Bakersfield. The Committee directed staff to reflect in the minutes how the concerns were addressed. C. DISCUSSION AND POSSIBLE RECOMMENDATION REGARDING PROPOSAL RECEIVED FROM DAVID TURCH AND ASSOCIATES, WASHINGTON D.C. LOBBYIST Alan Tandy stated that at the Council goal setting session, strong emphasis was placed on street work and the need for more funding. In 1999 grants and internal fund transfers were utilized to address part of that need. While the Council has seldom retained a lobbyist, staff suggested utilizing a single-purpose lobbyist. In the current budget $50,000 has been set aside for this purpose. Raul Rojas said the next STP Federal money cycle is in 2002. In order to get the Cityls projects in line, the groundwork needs to be started soon. Generally Federal dollars are allocated to the State and redirected. The idea is to get a project attached to funding at the Federal level. Staff has researched and recommends a lobbyist the City could obtain for a $30,000 annual fee. Committee member Salvaggio indicated he was not in favor of hiring a lobbyist. As non-partisan local government, we should be able to access both Congressman Dooley and Thomas for assistance in connection with such matters. Council and staff could redouble efforts in this regard. Mr. Salvaggio also requested that meetings be scheduled on a regular basis with our district representatives. Committee Chair DeMond had additional concerns. Staff needs to check the manner in which any lobbyist conducts business. We have had fairly good results from working with our State representatives and should be working on the same type of relationship with our elected officials on the national level. Due to the Committee's concerns, and as he is undecided, Committee member Maggard requested staff'to explore whether a lobbyist could be hired on a contingency basis. The matter was deferred to another meeting. DRAFT BUDGET AND FINANCE COMMITTEE Monday, December 20, 1999 Page -5- D. DISCUSSION AND POSSIBLE RECOMMENDATION REGARDING EXCESS FUNDS FROM WILSON PARK PLAYGROUND EQUIPMENT PROJECT (This item heard first to accommodate attendees) Approximately $114,500 of Community Development Block Grant (CDBG) funds from project savings were reallocated to be used for Wilson Park improvements and playground equipment. There will be funds remaining after the completion of that project in February 2000. Committee member Salvaggio requested that such funds anticipated to be $25,000 to $30,000 be used for related purposes in Planz Park. The estimate for Planz Park will require additional funds which will be addressed during the FY 2000 -01 budget proceedings. The Committee directed staff to start the amendment process (Council member Maggard was absent for this item). E. DISCUSSION OF FINANCIAL REPORTS: CITY OF BAKERSFIELD COMPREHENSIVE ANNUAL FINANCIAL REPORT CONTENT/ACCOUNTING POLICY PROCEDURES AND BAKERSFIELD CENTENNIAL GARDEN AND CONVENTION CENTER FINANCIAL STATEMENTS AND AUDITOR LETTERS The City uses governmental accounting standards for its audit and Ogden Entertainment uses private sector accounting standards for their audit. Private sector standards adjust revenues to the time frame in which the service is provided. The City's accounting methodology treats them on a cash basis, which puts revenues into the time frame corresponding to when the money is received, as opposed to when the service is provided. There is agreement on cash balances, the amount of Ogden's incentive, and the interpretation as it relates to the incentive. Staff prOposed exchanging a letter of understanding with Ogden acknowledging the differences and stating both parties use the appropriate accounting standards and agree on the contract issues. Committee member Maggard reiterated he does not think it is of any consequence that they do not match and there is no reason to reconcile the two financial statements. Gregory Klimko stated that his concern had to do with the public's perception. This in not a one- time occurrence as there's going to be a difference in the timing of revenue recognition every year. Mr. Paulden on behalf off Ogden believes the issue has been addressed, been disclosed and and is understandable. The only way to eliminate the difference is for the City to change it's accounting method. There are pros and cons on reporting this as a government fund or on a proprietary (enterprise)basis. Committee member Maggard said he wanted to discuss the issue of handling this as an enterprise fund. It may be that municipalities will be required to report all of their operations by taking into account matching .the debt service and depreciation that goes along with an activity. These are two of the main components that affect whether this is governmental fund accounting or enterprise fund accounting. His current concern is that in reviewing our financial statements, the public will believe we operate the Garden at about a $300,000 loss. He feels it should be made clear there is approximately $2 million in annual debt payments (principal and interest), which will be shown in the Transportation Occupancy Tax (TOT) fund until the debt is retired. D AFT BUDGET AND FINANCE COMMITTEE Monday, December 20, 1999 Page -6- The original facility, the Convention Center, was built with general obligation bonds. The operations of the facility were accounted for in the General Fund. This practice could have been continued, but in this current year a TOT fund was established where revenues and expenses of Centennial Garden are recor~led in addition to TOT revenue and related expenses. There was some discussion regarding the accounting/reporting for the operations of Centennial Garden. It is known that such facilities provide a community service but do not generate sufficient income for debt service and depreciation. Staff suggested an enterprise fund would be appropriate if the Council chooses to set aside monies to cover the annual depreciation from general revenues. Committee Chair DeMond stated that during the public/council budget review, it is evident a good portion of the total annual debt is effectively serviced by Redevelopment monies. She questioned that if an enterprise fund is set up but monies are not allocated to cover depreciation, it could also be construed as being misleading. The Committee will continue to discuss accounting standards and the City's depreciation reserve policy and deferred the.matter to another meeting.. Gregory Klimko stated that related to the Comprehensive Annual Financial Report (CAFR), this is the last year of a five-year contract with the current auditing firm. In the past staff have sent cards to all the CPA's in town asking for a response if they were interested, and sent them out a packet. Then staff would review the proposals, conduct interviews, and make a recommendation to the Council for their approval. The Committee recommended staff to go forward with the audit firm search. The Committee requested future CAFR's (Comprehensive Annual Financial Report) be reviewed by Budget and Finance Committee pdor to being forwarded to the Council for approval. Sufficient time should be allowed to meet state mailing requirements. The Committee recommended the CAFR be forwarded to the Council for acceptance. 6. ADJOURNMENT The meeting was adjourned at 1:33 p.m. Staff'present: City Manager Alan Tandy; Assistant City Manager Alan Christensen; City Attorney Bart Thiltgen; City Treasurer Bill Descary; Assistant to the City Manager Darnell Haynes; Public Works Director Raul Rojas; Community Development Coordinator George Gonzales; Finance Director Gregory Klimko; Recreation and Parks Director of Operations Greg Cronk; Recreation and Parks Business Manager Jane Gardner; Public Works Fleet Superintendent Emie Medina; and Public Works Operations Manager Joe Lozano; Others present: Jim Foss, Executive Director, Centennial Garden; Steve Womack, Director of Finance, Centennial Garden; Andy Paulden, Brown Armstrong; Charles Meyer, Bakersfield Museum of Art; Attorney Terrence Werdel, Bakersfield Museum of Art; and Gene Tackett, Bakersfield Museum of Art. DRAFT AGENDA SUMMARY REPORT BUDGET AND FINANCE COMMITTEE Monday, December 20, 1999 Page -7'- cc: Honorable Mayor and City Council DWH:jp S:/Damell/B Fggdec20summary.wpd TALKING PAPER ON Bakersfield Municipal Airport, L-45 10 January, 2000 This paper formulates an outline for discussions between the County and the City regarding the City's transfer of Municipal Airport to Kern County. · The County has asked the City to participate in financing the new Meadows Field terminal scheduled for 2003/4. Current financing plans commit the County to $9M, and the FAA participation is estimated at over $1 OM. The County has asked the City to participate with a $3M contribution. Currently, we estimate that more than 60% of all BFL travelers are Bakersfield City residents, or business travelers doing business within the City. The Chairman of the BOS letter dated October 12, 1999, to the City Council asks the decision be rendered NLT 1 March 2000. The City asked the County to consider assignment of the Bakersfield Municipal-Airport as a part of the overall package. Areas of discussion: · Terminal update and financing. · What happens if the bids come in below estimates? Rebate to the percentages, i.e., and 75% -25%. · Shared financing. Bond origination cost savings for City approximate $150,000. · Financial liability of Municipal Airport. · We estimate current operations at minus $57,000 annually. We estimat~ that $-32,000 of this amount is covered by interest from the $500,000 balance. The remaining $25,000 of loss is uncovered operational losses. · Clear audit difficult. However, estimate that Kern County Airports could operate Municipal Airport more efficiently, (economies to scale) for approximately $-20,000 annually. Naturally, the $500,000 would be consumed for the terminal'. · Maintenance backlog approximates $28,000. · Safety concems · Cultural. FAA violations. HAP, liability issues. · Historically, a very dangerous airport. · Could become near-term volatile issue. Like annexation. · Infrastructure. ILS crossing traffic, huge liability. Long term strategy is closure. .. · Could become a long-term volatile issue. Like annexation ·Local, FAA (2016) and AOPA resistance. · Final decision is a political decision. Clearly, an unpopular move because of enforced discipline, and long-term closure. Need a decision prior to I March 2000. Architectural design at the commitment point. Asking for a City Council vote in February. BAKERSFIELD CITY MANAGER'S OFFICE MEMORANDUM January 7,2000 TO: HONORABLE MAYOR AND CITY COUNCIL FROM' ALAN TANDY, CITY MANAGER/~ '~ SUBJECT: AIRPORT TERMINAL FUNDING REQUEST UPDATE Copies of past communications on this issue, dated August 27, 1999, September 1, 1999, and September 24, 1999 are enclosed as background information, along with a letter to Council from the Board of Supervisors, dated October 12, 1999. New information, updates, and comments follow: .,County Budget Information Please see the attached memo from John Stinson. It appears that the tobacco payment of $9.24 million will be received by the County between February and June of this year~ and that legislative efforts to restrict use of the money have failed. The County will then receive $8 million in unrestricted funds each year thereafter. The County also received $1.5 in 'ERAF payments. Based on today's oil prices, they stand to do very well next year, generating seemingly millions to their General Fund. See the attached memo from John Stinson. .City Demands for Capital When the County was previously asked why they did not use the tobacco money for the airport, they indicated: 1) they had not yet received it; 2) efforts were being made to restrict its use, and 3) they had massive needs in other areas for capital projects. It appears the money will be received very shortly, unrestricted. We have also run a list, copy attached, of some $260 million dollars in real capital needs of the City. Among the many are no money for street repair (we have loaned out our future gas tax for five years), Honorable Mayor and City Council January 7, 2000 Page 2 the-Fairfax Interchange, White Lane bridge widening at 99, many traffic signals, Hageman flyover, beautification of medians and entrances to the City, and fire station construction. A memo summarizing some of these needs is attached. .Traded Off Benefits In the past, staff and councilmembers have raised the question of"trading off" on projects benefitting the metro area. If the City should pay $3.0 million for the terminal, perhaps the County should pay for major needs that the City handles, which benefit County residents outside the City - Centennial Garden, a new-stadium, the Hageman fly over, etc. So far, we have not received a positive response to such inquiries. Nonetheless, we mention a new one. The City and County each have 50% responsibility to cap the Panorama .Landfill. It may run $5.0 million to $7.0 million each. If the County billed Bakersfield for commercial garbage on a tonnage basis, which is done for another Kern County city, the City would have a revenue stream to pay its share of that' common problem. Since the billing would be for actual use, it seems a simple enough, yet meaningful, reciprocal action, should we help finance the terminal. City Financial Position Our position too, has improved since September. We received $714,000 in booking fee reimbursement and $512,000 in .ERAF funds and some other revenues, year to date, exceed budget projections. Because of the extremely critical nature of the budget and gas tax loan leaving no street repair money for five years, staff is preparing a recommendation to substitute these funds for the loan, so that we will maintain road repair monies in future years. Summary None of this information means that we can not, or should not, make a contribution to the terminal project. Certainly, there are benefits to the City and our economic development efforts, community pride, symbolism of intergovernmental cooperation, and other factors, as well. Honorable Mayor and City Council January 7, 2000 Page 3 The County has, to date, asked for $3.0 million without the City Airpark and Airpark Fund balance transfer. City Staff recommended, prior to the new information above, a total of $1.5 million, plus the Airpark and Airpark Fund balance transfer of $500,000. City Council's discretion ranges from letting the County handle it, to the full $3.0 million requested. The issue is before the Budget and Finance Committee. BAKERSFIELD CITY MANAGER'S OFFICE MEMORANDUM January 7,2000 TO: HONORABLE MAYOR AND CITY COUNCIL FROM: ALAN TANDY, CITY MANAGER /~ ~ SUBJECT: AIRPORT TERMINAL FUNDING 'REQUEST UPDATE Copies of past communications on this issue, dated August 27, 1999, September 1, 1999, and September 24, 1999 are enclosed as background information, along with a letter to Council from the Board of Supervisors, dated October 12, 1999. New information, updates, and comments follow: County Budget Information Please see the attached memo from John Stinson. It appears that the tobacco payment of $9.24 million will be received by the County between February and June of this year, and that legislative efforts to restrict use of the money have failed. The County will then receive $8 million in unrestricted funds each year thereafter. The County also received $1.5 in ERAF payments. Based on today's oil prices, they stand to do very well next year, generating seemingly millions to their General Fund. See the attached memo from John Stinson. City Demands for Capital When the County was previously asked why they did not use.the tobacco money for the airport, they indicated: 1) they had not yet received it; 2) efforts were being made to restrict its use, and 3) they had massive needs in other areas for capital projects. It appears the money will be received very shortly, unrestricted. We have also run a list, copy attached, of some $260 million dollars in real capital needs of the City. Among the many are no money for street repair (we have loaned out our future gas tax for five years), Honorable Mayor and City Council January 7, 2000 Page 2 the Fairfax Interchange, White Lane bridge widening at 99, many traffic signals, Hageman flyover, beautification of medians and entrances to the City, and fire station construction. A memo summarizing some of these needs is attached. Traded Off Benefits In the past, staff and councilmembers have raised the question of "trading off" on projects benefitting the metro area. If the City should pay $3.0 million for the terminal, perhaps the County should pay for major needs that the City handles, which benefit County residents outside the City - Centennial Garden, a new stadium, the Hageman fly over, etc. So far, we have not received a positive response to such inquiries. Nonetheless, we mention a new one. The City and County each have 50% responsibility to cap the Panorama Landfill. It may run $5.0 million to $7.0 million each. If the County billed Bakersfield for commercial garbage on a tonnage basis, which is done for another Kern County city, the City would have a revenue stream to pay its share of that' common problem. Since the billing would be for actual use, it seems a simple enough, yet meaningful, reciprocal action, should we help finance the terminal. City Financial Position Our position too, has improved since September. We received $714,000 in booking fee reimbursement and $512,000 in ERAF funds and some other revenues, year to date, exceed budget projections. Because of the extremely critical nature of the budget and gas tax loan leaving no street repair money for five years, staff is preparing a recommendation to substitute these funds for the loan, so that we will maintain road repair monies in future years. Summary None of this information means that we can not, or should not, make a contribution to the terminal project. Certainly, there are benefits to the City and our economic development efforts, community pride, symbolism of intergovernmental cooperation, and other factors, as well. Honorable Mayor and City Council January 7, 2000 Page 3 The County has, to date, asked for $3.0 million without the City Airpark and Airpark Fund balance transfer. City staff recommended, prior to the new information above, a total of $1.5 million, plus the Airpark and Airpark Fund balance transfer of $500,000. City Council's discretion ranges from letting the County handle it, to the full $3.0 million requested. The issue is before the Budget and Finance Committee. BAKERSFIELD CITY MANAGER'S OFFICE MEMORANDUM January 6,. 2000 TO: Alan Tandy, City Manager FROM: John W. Stinso~stant City Manager SUBJECT: Update on status of Kern County .budget revenues This memo is to provide you with updated information on the status of Kern County budget revenues for the current year as well as the upcoming 2000-01 fiscal year. There are several significant increases in county revenues that you should be aware of. In the current year .the County will receive an additional $1.5 million as part of the ERAF relief included in the state budget package as part of AB 1661. I am not aware if the county has appropriated these funds for any purpose yet since they were approved by the state at the end of last fiscal year and the first portion of the payment was transmitted to local government by the state on September 16. The second portion will be released to the County by February 1. 2000. These funds are unrestricted as to their use and are essentially a return of property taxes captured by the state to fund educational programs. It should be noted that counties had a larger share of property taxes taken than cities by the state, however they also received a much larger share (95%) of Proposition 172 Sales tax thnds than cities which were intended to offset the impacts of the state capture. In addition to these funds. I have received information regarding the tobacco settlement from the State Attorney General's Office. The tobacco settlement was finalized on November'l 2. 1999 with court approval of the agreement by 45 states. This resulted in the tobacco companies beginning to make payments to the states in December 1999. The Attorney General's Office explained that California has already begun to receive payments. Pending a court ruling regarding the interpretation of the IVlOU scheduled for January 18.2000 related to distribution of the funds and approval of a resolution by the County Board of Supervisors to receive.the funds. payments will begin to be made to the County. The Attorney General's Office does not expect any issues with the interpretation of the MOU and also noted that there are currently no restrictions on how the funds may be used. that' it is up to each county. Several pieces of legislation were introduced to restrict the uses of these funds, however, none were approved by the legislature. As indicated in the Legislative Analyst's report, the county anticipates receiving approximately $9.24 million on or before June 30. 2000 and approximately. $8 million each year for the next 20 to 25 years. The county has not committed any of these funds that I am aware of as .of this time. The League of California Cities is working to access a share of the Tobacco settlement for cities. However, in my discussion with the City Manager of Coalinga who is heading up the effort, it was his opinion was that any monies that cities would receive would have' to come from the state share of the settlement not from the county share because of the structure of the settlement MOU. Therefore. the League's efforts are focused on getting the state to distribute some of their share of the tobacco settlement to cities. Any monies coming to cities (other than the four large cities included in the settlement MOU) would have to be granted by the state or individual counties. It is highly unlikely that either the state or counties will willingly share any of these proceeds with cities. Another revenue area of significance for the county is the likely increase in property tax revenues resulting from notable increases in the price of oil and the associated increase in oil extraction and related activities. I have attached a chart from the Kern County Assessors office showing the increases in oil prices over the past year. The price has more than doubled since last March from $9.00 to 19.75 per barrel in December. While the property tax levy is based upon the price ofoil on the lien date in March and a complex formula that includes averaging benchmark crude prices, factoring in oil price trend data. and expected development and exploration activities, it is clear that there is an upward trend in oil prices and in development actNity spurred by the increase in price. Since oil revenues make up approximately 31.5% of the County's assessed valuation, this upward trend will have a considerable impact on County property tax revenues in the upcoming fiscal year..The County estimated approximately $105 million in property tax revenue for the current fiscal year. Even a~modest increase in oil prices could generate several million dollars in additional county funds which would be unrestricted in their use. Once the price is set this March it will be possible to gain a more clear estimate of the amount of increased revenue that would be generated. Since the City of Bakersfield has very little oil producing properties within our jurisdiction we will not experience an equivalent increase in our property tax revenues. I have also provided for your information, a fact sheet from.the Cotinty Web site which explains the sources of county budget ftmding including the distribution of property taxes among local agencies. ,,Assessor - Information Page ~vysiwyg://3 I/http://~wwv.co.kern.ca.us/assessor/crude.htm Onh: ., ;i'ssessor County Kew River Current Price: $ ].9.75 peri*bi Kern River 13° Crude A~eF~ce Price per bbl · ' ' Jamua~ I tham December 31, 1999 :.. · 1-4 to 1-6 $ 7.00 3 21.00 1-7 to 1,lO $ 750 4 30.130 1-I1 to 1-12 $ 7.75 2 15.50 1-13 to 1-25 $ 7.25 13 94.25 1-26 to 2-24 $ 7.00 30 210.00 2-25 to 3-3 $ 7.50 7 52.50 3-4 to 3-8 $ 8.00 5 40.00 3/9 $ 8.50 1 8.50 3-10 to 3-16 $ 8.75 7 61.25 3-17 to 3-21 $ 900 5 4500 3-22 to 3-28 $ 9.50 7 66 50 3-29 to 4-4 $ 9.75 7 68 25 4-5 to 4-15 $ 10.25 11 112.75 4-16 to 4-18 $ 10.75 3 3225 4-19 to 4-21 $ I1.25 3 3375 4-_.~ to 4-29 $ 11.75 8 94.00 4-30 to 5-11 $ 12.25 12 147.00 5-12 to 5-17 $ 11.75 6 7050 5-18 to 5-31 $ 11.25 14 157.50 6-1 to 6-6 $ 10.50 6 63.00 6-7 to 6-10 $ 11.00 4 44 iq0 6-11 to 6-29 $ 11 50 19 21:8.50 7-2 to 7-8 $ 12.75 7 8925 7-9 to 7.15 $ 1325 7 . 92.75 %16 to 7-19 $ 13.75 4 5500 7-20 to 7-22 $ 1~.~..., 3 39.'75 %23 to 7-28 $ 14.00 6 84.00 7-29 to $-5 $ 14.50 8 116.00 8-6 to 8-10 $ 14.75 5 '73.75 8-30 to 9-6 $ 15.75 $ 126.00 9-7 to 9-$ $ 16.50 2 33.00 9-9 $ 17 00 1 I 7.00 9-10 to %12 $ 17.50 3 5250 9-13 to 9-15 $ 18.00 3 54.00 9-16 to 9-22 $ 18.50 7 129.50 9-23 to 113-3 :I; 1900 11 209.130 10-4 to 10-5 $ 18.50 2 3700 10-6 $ 1825 1 18.25 10-7 $ 17.75 1 17.75 10-3 to 10-11 $ 1650 4 66.00 10-12 $ 1700 1 17.00 10-13 to 10-27 $ 17.50 15 262.50 10-29 to 11-3 $ 1675 7 117.25 11-4 to 11-8 $ 17.25 5 56.25 11-9 $ 1800 1 1800 I 1-10 to 11-11 $ 1850 '2 37.00 11-12 to 11-15 $ 1900 4 7600 1-17 to 11-21 $ 20.25 5 101.25 11-30 to 12-5 $ 19.75 6 118.50 12-6 to 12-9 $ 2050 4 82.00 12-10 to 12-14 $ 19.50 5 97.50 12-15 $ 2 ] 00 1 20 00 12-16 to 12-21 $ 20.50 6 123.00 12-22 to 12.27 $ 20.00 6 120.00 12-2.~ to 1,,-.;9 $ 20 53 2 41 00 ~7_..,, ~0., days = $13.3q average pnce perbbl- 1999 I of 2 I/6/00 8:26 AN ,,AssesSor- Int'ormation Page xvysiwyg://3 l.'http://www.co.kern.ca.us/assessor/crude.htm Back to [tome Pate 2 o1'2 I/6/00 8:26 Akl SOURCES OF BUDGET FUNDING The County budget is financed from local property taxes; State and federal funds; and other revenues and funds, which include service fees and charges, other taxes, and the unspent fund balances from the prior year. The largest source of income is State Aid; however, most of the money received from this source is "earmarked" for specific programs, as is most of the funding received from the federal government. In addition, increasing State and federal mandates have continued to consume more and more local tax dollars and other revenues available to local government. The amount of the County Budget over which the Board of Supervisors has total spending discretion remains historically Iow as depicted in the chart below. Program Specific vs. Discretionary Use Funds FY 1999~2000 8oo $768.2 $811.2 $662.5 $682.5 $699.7 ~ $621.7 u_ 600 O 400 0 ._~ ~00 0 94-95 95-96 96-97 97-98 98-99 99-2000 FISCAL YEAR Property Taxes - Estimated property tax collections for FY 1999-2000 wilt fund approximately 13.0% of the Budget. The County Assessor annually determines the value of'property in Kern County- mainly real estate property such as land, oil fields, and buildings- which are taxed at one percent of the market value. As illustrated in the following graph, the resulting tax revenue is shared by all local taxing agencies, including school districts, cities, special districts, and the County. Kern County government receives approximately 28.1% of the total amount of property taxes collected throughout the County. More than 31.5% of the County's assessed valuation is derived from oil and gas producing properties. Property tax revenue is the largest source of "non-earmarked", discretionary use funding for Kern County government. DISTRIBUTION OF LOCAL PROPERTY TAXES FY 1998-99 Cities 6.1% Schools 60.5% i County 28.1% Special Distrids 5.3% Other Taxes - A variety of other taxes comprise 2.7% of the budget. The main component of this revenue category is the County's share of the State-administered Sales and Use Taxes, which is expected to total $17.5 million this year. Other Taxes also includes proceeds from the Real Property Transfer Tax and the collection of Transient Occupancy (motel/hotel) Taxes. State Aid - Various types of financial aid from the State of California comprise the largest source of funding for Kern County government. State Aid for FY 1999-2000 is expected to fund 32.9% of the total budget. Most of these revenues are "earmarked" for specific State-mandated programs, such as welfare, public health, mental health, and other social services. A large portion of the County's non-earmarked, discretionary use revenues must also be used to pay a share of the costs of these State-imposed programs. Also included in this category are monies received as the County's share of Motor Vehicle License Fees and sales tax funds earmarked for local public safety. Federal Aid - Various sources of financial aid from the federal government will fund 27.0% of the Budget. Most of this federal aid is earmarked for support of mandated welfare programs, road construction, juvenile detention/rehabilitation programs, family support programs, Employers' Training Resource administrative costs, and Community Development Program administrative costs. Service Fees and Charges - Fees and user charges for various services provided by County departments are expected to finance about 13.1% of the budget. The revenues from this source are used 'to fund the services for which the fees/charges are collected. Balances from Prior Year - Funds remaining from last fiscal year's budget account for 5.3% of the FY 1999-2000 Budget. These "carryover" balances include unused appropriations from the operating budgets of County departments, plus any unexpected revenues collected during the prior fiscal year. Other Revenues - Various other revenue sources account for 6.0% of the budget. They include: fees collected for various regulatory licenses and permits; fines and forfeitures, which includes the County's share of fines collected by the courts; revenues from use of money and property, consisting mostly of interest and investment earnings from funds in the County Treasury; and miscellaneous revenues from a wide variety of smaller income sources. FINANCING SOURCES BY CATEGORY FY 1999-2000 ADOPTED BUDGET Oth Current Property Taxes :. ~_~--~'"~.. Fines, Forfeitures, Penalties Misc. Other ~m Prior Year Rev. from Use Xof Money & Pro ts Charges for Service~ --Federal Aid FINANCING SOURCES AMOUNT % OF TOTAL Current Property Taxes S 105,556,350 13.0% Other Taxes S21,827,581 2.7% State Aid S'267,167,597 32.9% Federal Aid S219,109,734 27.0% Charges for Services S 105,939,100 13.1% Fines, Forfeitures & Penalties S 16,348,322 2.0% Rev. from Use of Money/Prop. S8,661,111 1.1% Licenses & Permits S 10,315,081 1.3% Misc. Other Revenues S 13,151,312 1.6% Balances from Prior Year S43,129,915 5.3% TOTAL COUNTY BUDGET: S811,206,103 100.0% FINANCING USES BY FUNCTION Public Protection & Facilities Reserves & Contingencies _~ . & Sanitation DebtService~ ~ - \ I~/~// ~ \Recreation & Culture General Government -~'.,/// Z . '~'/// / ~ Public Assistance Educahon FUNCTION ALLOCATIONS % OF TOTAL General Government- S72,863,888 9.0% Public Protection S257,237,318 31.7% Roads S30,062,188 3.7°,/o Health Services S 108,958,496 13.4% Public Assistance S275,435,544 34.0% Education S 7,537,722 0.9% Recreation & Culture S9,637,208 1.2% Debt Service S 16, 741,282 2.1% Contingencies & Reserves S32,732,457 4.0% TOTAL COUNTY BUDGET: S811,206,103 100.0% ALLOCATION OF DISCRETIONARY USE FUNDING BY FUNCTION Public Protection Reserves & C°ntlngencies ~,' _,,~,~Pu blic Ways & iaiilities General Government "~,~ ~ Public Assistance FUNCTION ALLOCATIONS % OF TOTAL General Government S32,268,928 18.0% Public Protection S86,454,418 48.2% Roads S5,429,500 3.0% Health Services S6,495,013 3.6% Public Assistance S20,993,414 11.7% Education S5,669,046 3.2% Recreation & Culture S7,245,793 4.0% Debt Service S4,420,099 2.5% Contingencies & Reserves S 10,337,500 5.8% TOTAL DISCRETIONARY USE FUNDING: S179,313,711 100.0% ;.Calitbr~ia Attorney General Press Releases 99-088 http://caag.state.ca.us/press/99-088.htm ATTORNEY GENERAL LOCKYER blARKS ONE YEAR ANNIVERSARY OF TOBACCO SETTLEMENT November 30, 1999 99-088 FOR IMMEDIATE RELEASE (San Francisco) - Attorney General Bill Lockyer today issued the following statement regarding the one year anniversary of the national tobacco settlement: "One year after the landmark multi-state tobacco settlement, California has assumed a leadership role in making sure the agreement delivers on its'promises. Within the next few months California will receive the first annual installment payment on the agreement, which is expected to generate $25 billion over the next 25 years, with additional payments in perpetuity. The agreement has also placed tough new restrictions on tobacco company marketing and advertising practices, including a ban on marketing that targets kids. I am committed to strict enforcement of the settlement terms because dealing with 'Big Tobacco' requires a 'Big State' response. My office has established and will maintain the first and only full-time, fully staffed state tobacco enforcement division in the nation. In addition, we have created a consumer complaint line for Californians to report suspected violations of the law. I encourage Californians to use it by calling, (916) 565-6486. Californians now have a fighting chance to save current and future generations from tobacco addiction, disease and premature death. (See attached fact sheet about the Master Settlement Agreement) blaster Settlement Agreement Fact Sheet The MSA imposes major restrictions on tobacco company marketing, practices and prohibits advertising aimed at kids. The MSA provides the following restrictions on tobacco companies: · Prohibits direct or indirect targeting of youth inadvertising, marketing and promotions. · Prohibits brand name sponsorship of concerts, sports events, events with an intended audience having a significant percentage of youth and events with paid participants who are youth. · Prohibits access by youth to free samples of tobacco products. · Prohibits payments for placement of tobacco products in the media. · Prohibits outdoor advertising of tobacco products. · Prohibits transit ads, on or in public or private vehicles. · Prohibits using cartoons to advertise tobacco products. · Prohibits tobacco brand-name merchandise. Under the terms of the MSA, California will receive approximately $1 billion per year. The first payment, expected in mid-December, will be' approximately $316 million. SubseqUent payments are expected in January and April of 2000. The payments will be split evenly between the state and local governments. The Attorney General's Office represented the State of California in the tobacco litigation and settlement and maintains staff and resources dedicated to. enforcing the terms of the blaster Settlement Agreement. Components of the enforcement program include: Iof2 I'4,'00 11:21 AN .-Calif°rnia Attorney General Press Releases 99-088 http://caag.state.ca.us/press/99-088.htm · Attorney General's Tobacco Litigation Unit which operates a phone line for obtaining information about the MSA or reporting suspected abuses at: (916) 565-6486. Inquiries may also be directed to the Tobacco Litigation Section at P.O. Box 944255, Sacramento, CA 94244-2550. · Two brochures that outline the restrictions imposed by the MSA on the tobacco-industry. One brochure focuses on the youth marketing restrictions and the other on brand name sponsorship restrictions. Copies of both brochures are being distributed to tobacco control programs and school districts throughout California. Retun~ to the Atton~ev General's Press ReleaSe Index 2 of 2 1/4/00 11:21 .AN Califemia Sales Tax: How much noes to ,,'our city? http://www.cacities.or~memserv/features/financing%5Fcities/getO2.htm Sales Tax: How much goes to your city? For each taxable dollar you spend, you pay sales tax to... City ~ c~~::::::::::::.- The City portion goes to the city where you are when you make your purchase. The sales tax rate varies somewhat depending on where this purchase occurs. NOTES: 1. California sales tax revenues are distributed based on the place where each sale occurs. 2. Of the 6% State sales and use tax, 0.5% is returned to counties and cities for public safety purposes under Proposition · 172. Cities receive about 5% and counties get 95% of these funds. 3. A portion of the 6% state sales and use tax is transferred to counties. 4. City portion goes to county, if transaction occurs in unincorporated county area. 5. *Most counties and a few cities add additional rates, most commonly for transportation, ranging from 0.25% to 1.25%. These additional rates cause the total California sales tax to vary, from 7.25% to '8.5%. SOURCE: Calif State Board of Equalization .4nnual Reports, Coleman Advisory Services Index / Previous / Next / Slide 2 of 10 For more information contact: Michael Coleman mcolenlan~'/~dc n.davis.ca.us 530-758-3952 L~afl,Jo o; Cali:or~i, Citiasifil[& Illlg Iofl I..'6/00 10:23 A City of Bakersfield Unfunded Capital Improvement Projects CATEGORIES COST. TRANSPOR TA TION Pavement Maintenance $81,900,000 Capacity Enhancements -Misc. Roadway Widenings $5,000,000 -Intersection Widenings $3,500,000 Major Highway Projects -Freeway Interchanges (New) -Fairfax @ Fwy 178 $9,100,000 -Hageman @ Fwy 99 $10,000,000 -Hosking @ Fwy 99 $7,000,000 -Morning @ Fwy 178 $7,000,000 -Vineland @ Fwy 178 $7,000,000 -Masterson @ Fwt 178 $7,000,000 -Freeway-Interchanges (Expand) -White @ Fwy 99 $5,000,000 -Freeway Widenings -S. R. 204 - Fwy 99 to Fwy 178 $50,000,000 -Freeways New -Fwy 178 - Fairfax to Alfred Harrell Highway $25,000,000 -New Major Roads -Mohawk - Truxtun to Hageman $1,000,000 Traffic Operations -New Traffic Signals $3,800,000 -Upgraded Traffic Signals $5,130,000 -Channelization $1,000,000 Miscellaneous -Medians $12,110,000 -Street light Upgrades $400,000 -Curb & Gutter Rehabilitation $10,400,000 -Sidewalk Rehabilitation $5,200,000 -Beale Overpass SL Upgrade $40,000 Total Transportation $256,580,000 DRAINAGE IMPROVEMENTS -Rehabilitation of Existing $7,500,000 -New Facilities $3,500,000 Total Drainage $11,000,000 SEWER IMPROVEMENTS -New Main Lines* (annexed areas) $12,500,000 -Treatment Plant Expansion (Land Purchase) $15,000,000 . -New Main Lines* (annexed areas) $11,000,000 '-New Trunk Lines (BV II) $7,000,000 Total Sewer $45,500,000 BUILDING MAINTENANCE -Boiler Tube Replmnt - Centennial Garden $5,000 -City Clerk Office Remodel $42,000 -Elev Upgrade; CH Annex $75,000 G ~GROUPDAT~Delsa\Unfunded CIP Prolects.wb3 City of Bakersfield Unfunded Capital Improvement Projects CATEGORIES COST -HVAC Upgrade PD Comm Ctr $12,000 -HVAC Upgrade, City Hall $410,000 -Roof Repairs, City Bldgs - Various $465,000 -Signal Conduit Upgrade $18,000 -SL Upgrade Baker Phase 2 $66,000 -SL Upgrade Downtown $33,000 -Stockdale/Calloway Median Impro. $24,900 -Disaster Trailer Storage $20,000 -Replace Prkg Garage Fence $19,800 -City Hall Elevator Modernization $125,000 -Roof Repairs, City Bldgs - Various $30,000 -Roof Repairs, City Bldgs - Various $75,000 -City Hall Annex Building Elevator Modernization $75,000 Total Building Maintenance $1,495,700 PARKS & RECREATION -Access Mowing Ramps $22,000 -Beach Park Facilities $105,360 -Beale, Jastro Sidewalk Rmv $21,698 -Beale, Wilson Tennis Court $23,513 -Jefferson Court Resurface $31 430 -Lowell ADA Playground $126 730 -Lowell Picnic Tables $9 620 -MLK Exterior Restoration $36 500 -MLK Picnic Tables $14 430 -Planz ADA Playground $88 325 -Pool Decking Restoration $23 665 -Pool Equipment $57 986 -Pre-Cast Signage $12 980 -Restore Beale Park Restrooms ' $27.720 -Saunders ADA Playground $99,128 -Tree Removal/Replacement $44,424 -Truxtun Tree Replacement $22,175 · -Wayside ADA Playground $142,220 -Aquatic Center W/Shelter $3,131,964 -Group Picnic Area $79,805 -Interactive Water Element $66,550 -NW Storage Facility $119,000 -Playground ADA 'Modifications $934,200 -Administrative Office $1,000,000 .-30 Acre Park Site - Stkle Hwy & BV Road $1,500 000 -Downtown Storage Warehouse $300 000 -ADA Restroom Modifications $600 000 -Community Centers with indoor gymnasiums (3) $5,000 000 -Aquatic Center $3,100 000 · -Expansion of Maxicom auto irrigation system $250 000 '-Park Tree Replacement $325 000 -Irrigation Renovation $300 000 -Astroturf Soccer/Rugby Fields @ Yokuts & Beach $1,500 000 -Interactive Water Element - Direct Loss $250 000 -Security Lighting Renovation $175 000 -Park Picnic Shelter Renovation $150 000 -Beale & Jastro Amphitheater Renovation $200;000 -Cultural Center $1,000,000 G ~OROUPOAT Oeisa~Unfuncled CIP Prolecls wb3 City of Bakersfield Unfunded Capital Improvement Projects CATEGORIES COST -Park Road and Driveway Improvements $250,000 -Additional Bike Path Mileage $400,000 -Southwest Storage Facility $200,000 -Daycare Facility $1,500,000 -Neighborhood Parks (3) $3,750,000 Total Parks and Recreation $26,991,423 FIRE DEPARTMENT -Repaving Fire Stations $175,000 -Traffic Signal Preemption Retrofit $800,000 -Scba Air Compressor $68,000 -Enclose Turnout Lockers $30,000 -Fire Station B VNVhite $700,000 -MDC/AVL'S $345,550 -Station '4 Electrical $23,000 -Station 5 Door Retrofit $40,000 -Station 12 (NE area) $1,000,000 Total Fire Department $3,181,550 POLICE DEPARTMENT -Upgrade/Replacement of Records Mgt System $500,000 MIS.. -Corp Yard Network Upgrade $92,600 MISCELLANEOUS CAPITAL PROJECT.~ -Expand City Hall $8,000,000 -Cap Sanitary Landfill $11,000,000 -Street Light Conversion - 12 locations $310,000 -Lincoln School Street Lighting $90,000 .Total Miscellaneous $19,400,000 Grand Total $364,741,273 O,tOROUPOA~C)elsa\Unfunded CIP Projects.wb3 Astroturf Soccer/Rugby Fields at Yokuts and Beach $1,5OO,O0O The Recreation and Parks master plan indicates a need for sports fields. Astroturf is proposed as being more durable than natural turf. Interactive Water Element - Direct Loss $250,000 Automated, timed water play area with no standing water which is unstaffed. Security Lighting Renovation S175,000 Brighter, more efficient, and vandal resistant lighting at various parks. Park Picnic Shelter Renovation $150,000 Replace and improve picnic tables, serving shelters, barbecues at various city parks. Beale and Jastro Amphitheater Renovation $200,000 Repair two classic park structures. Cultural Center $1,000,000 Park Road and Driveway Improvements S250,000 Repair concrete and asphalt. University. Beach. and Central Parks. Additional Bike Path Mileage $40O,O00 Southwest Storage Facility $200,000 Storage for small equipment (blowers, trimmers, e.g.) and supplies which is proximate to streetscape and park assignments. Daycare Facility $1,500,000 Neighborhood Parks (3) $3,75O,OOO Some more-established areas of the city are deficient in neighborhOod parks. Areas in need include near Highway 99, north of Panama Lane: Akers and Alum Street: and Northeast Bakersfield. Recreation and Parks Administrative Office $1.000,000 Insufficient space is available in the Yard for all staff. Two portable office buildings are currently .in use. 30 Acre Park Site, Stockdale Highway and Buena Vista Rd. $1,500,000 Develop the rest of the park site (park improvement monies sufficient for only a portion.) Downtown Storage Warehouse $300,000 Central Warehousing of equipment parts, supplies, and bulk materials. ADA Restroom Modifications $600,000 · 14 park restrooms (in addition to those currently requested) require modification to ADA guidelines. Community Centers with indoor gymnasiums (3) $5,00O,O0O High priority need in Recreation and Parks Master Plan. Aquatics Center S3,100,000 High priority need in Recreation and Parks Master Plan. Expansion of Maxicom automated irrigation system S250,000 Expansion of Maxicom system citywide to all streetscape and parks is needed for energy and water savings. · Park Tree Replacement $325,000 A comprehensive tree inventon/indicates that aging trees in the city's 13 oldest parks should be removed and replaced. Disease and damage have rendered some trees unsightly and possibly hazardous. Irrigation Renovation $300.000 Replace deteriorating irrigation at City Hall, Well Park, Wilson, and Central Parks and South H median with more reliable systems. BAKERSFIELD CITY MANAGER'S OFFICE MEMORANDUM CONFIDENTIAL August 27, 1999 TO: H ONO RAB LE MAYOR AN DCITYC O UN~/ FROM: ALAN TANDY, CITY MANAGER /~ '/ A member of City Council who received my last report on the County Airport indicated they wished to know what kinds of things would .fall out of the budget in order to assist financing that project. The County Airport Director is asking for $3.0 million, either as a cash contribution over a few years, or that amount in principal payment, with us to retire both principal and interest on a loan. I have indicated that, from my perspective, I could recommend a transfer of $500,000 with the airpark, and that we could study, for six months, a contribution of up to another $1.5 million. Policy Priority The biggest question on the subject of what we can contribute is how high is it on the Council's priority list. It is in the Council goals, but so are road repairs, gang control, and enhancements to the Arena/Convention Center area and downtown, among many others. So, in the big picture, where is it? Would you cut public safety personnel to assist the County? Other needed City capital improvements? Is it a priority over. a possible downtown project that might carry even greater impact than Centennial Garden? Or, is it your desire to make only an affordable, no harm, contribution to express symbolic support? The place where it falls within this range is critical to what we can do. Subsets of the policy priority question include: 1) Would the voters approve a tax for it? 2) Can the County fund it without us? Their budget is four times ours and they have owned and operated it for a very long time. CONFIDENTIAL Honorable Mayor and City Council August 27, 1999 Page 2 CONFIDENTIAL To show what various levels of contributions would cost in an average year, we provide the following: 1) Based on the last five year average, the new one time monies in the Capital Outlay Fund are $2.1 million per year. This would be the most likely place that the airport would fit. Note - this is an average; in theory it could be far less or more than the average in any given year. 2) A listing of last year's unfunded capital outlay requests is attached. Of course, monies available and priorities for the use of monies will change before next budget year, so take this as a sample of what it might 'mean if we prepared next year's budget today. a) With an average year's funding available, we could (without airport) fund Items 1-25 on the attached list. b) If we funded the County's request for $2.5 million (over the airport fund balance of $500,000, for a total of $3.0) all in one year, nothing on the list could be funded. In fact, we would still be $400,000 short. c) If we funded the $2.5 million in three annual increments of $833,000 each, we could get to Item 12 on the list and comparable cuts would be needed the next two years. d) If we participated in the County's loan program for 12 years to pay off $2.5 million in principal, along with interest at + 5~%, the twelve annual payments would be + $290,000 per year. Under this example, we could fund the list through Item 19. Comparable impacts would take place the next eleven years. e) If we participated at the maximum level I have recommended we study, of $1.5 million, the above calculations would be: i. If all $1.5 in Year 1, we could fund to Item 6 on the list. ii. If we paid $500,000 for each of three years, we could fund to Item 17 on the list, with comparable costs for the two years thereafter. iii. If we participated in the County loan program for 12 years to pay off $1.5 million in principal, along with interest at + 5¼%, the twelve annual payments would be + $174,150 per year. That would let us fund through Item 22 on the list, with comparable cuts for the following eleven years. CONFIDENTIAL Honorable Mayor and City Council August 27, 1999 Page 3 CONFIDENTIAL 3) Of course, the above are based on "average" conditions over the last five years. It is possible that none of the $2.1 million will be there, and that the amount funded would have to come from operating cuts n the General Fund. It is also possible that we will get a windfall from an unexpected source, and that the full list could be funded, along with the Airport contribution. Please remember, this is a sample of impacts, based on last year's unfunded requests and an average one time revenue assumption. Demands (for streets, gang control expenses, etc.) may go up. Revenues may go down, depending on a variety of conditions that occur during the year. Also, priorities and revenues will vary with new information each year. .Other Possible Sources Our budget is large and complex. Legally and theoretically, there are other places a contribution could come from, including: a) The General Fund operating budget - This would not be recommended, as it could endanger key City services. b) Facilities Replacement Reserve - This was set aside by the City Council in a year when we had $4.0 million in unexpected HVAC repairs at the Convention Center. This would not be recommended, as it is intended to be for City owned facilities. c) Unexpected Windfall - we could win a big legal case, get a major insurance rebate, pull off a creative settlement to an issue, etc. The problem is, will it happen, and if it happens, will it be timely - soon enough for the County to plan on it? Summary The bottom line is, of course, how large a priority is the project for the City Council? How much risk is the Council willing to take in terms of other capital projects and/or the operating budget to finance the project? More discussion needs to take place, at both the committee and full Council levels. AT:rs Attachment CONFIDENTIAL BAKERSFIELD MEMORANDUM August 25, 1999 TO: Alan Tandy, City Manager FROM: Darnell Haynes, Assistant to the City Manage~~" SUBJECT: FY 2000-2001 Proposed C. I. P. - Capital Outlay Fund Attached for your information is the proposed fiscal year 2000-2001 list of capital improvement projects which are typically budgeted in the capital outlay fund. Over the current and prior four (4) years the City has been able to fund an average of $2.1 million in capital outlay funded projects each year. As you know, the capital outlay fund is supported by non-recurring one time revenues. These non-recurring revenues are usually transferred to capital improvement or other funds to finance one time expenditures, after the amounts have been confirmed. Project Title , Ward Amount 1. Roof Repairs Various Bldgs. Var $ 50,000 2. Property For Fire Station 12 3 $ 250 000 3. Fire Station B V/White Lane 6 $ 150 000 4. HVAC Upgrade PD Comm Ctr. 2 $ 26.000 5. Traffic Preemption Var $ 78.500 6. Repaving Fire Station 7 6 $ 94 000 7. Jefferson Court Resurfacing 2 $ 29 300 8. JastroTennis Courts 2 $ 45 000 9. Enclose Turnout Lockers 5,6 $ 15 000 10. HVAC Upgrade City Hall 2 $ 430 000 11. Hose Tower Station 13 6 $ 19 000 12. MDC/AVL's CW $ 64 450 13. Elevator Upgrade-Annex Bldg. 2 $ 65 000 14. Mezzanine @ P St. Stor. Bldg. 2 $ 60 000 15. Beale Court Resurface 2 $ 12 500 16. Dev. Svc. Replace Prkg Garage Fence 2 $ 64 000 17. Playground Renovations -ADA Var $ 200 000 18. Pool Renovations Var $ 100,000 19. Jastro Pool Heater 2 $ 50,000 20. MLK Center Painting 1 $ 37,000 A. Tandy Capital Outlay Fund August 25, 1999 page 2 21. Silvercreek SkateArea 6 $ 50,000 22. Yokuts Park Stage Area 5 $ 25 000 23. Beale Park Driveway 2 $ 30 000 24. Beach Skateboard Lighting 2 $ 20 000 25. Beach Park Playground Impvmts. 5 $ 100 000 26. Facilities Replacement Reserve CW $ 500 000 27. Remodel M.I.S. 2 $ 90 000 28. Park Acquisition NE Area 3 $ 100 000 29. Stockdale/Buena Vista Park 4 ? 30. Replace SCBAAir Compressor 2 $ 68,000 Total $2,822.?50 cc: J.W. Stinson A. Christensen MEMORANDUM TO: Alan Tandy, City Manager · FROM: Gregory J. Klimko, Finance Dire DATE: August 31, 1999 SUBJECT: AIRPORT This is in response to your e-mail request of August 26, 1999. The source of funding the acquisition and improvements at the Bakersfield Airport on Union Avenue is attached. This annual debt service for a $15 million General Obligation (G.O.) Bond issue for a new County air terminal and-ancillary facilities is approximately $1.25 million. This amount is a little higher than other G.O. Bond issues since facilities built with tax exempt bond proceeds which benefit private entities (airlines) are subject to the Alternative Minimum Tax (AMT) which is reflected in the bond interest rates. I contacted the County's Assessor's Office in order to determine the 1998-99 assessed value (AV) within the greater Bakersfield area. We agreed the quickest way was to use school districts which resulted in a $17.5 billion AV in the metro area. Detail information is as follows: ~ Assessed Value Bakersfield $ 4,555,694 000 Beardsley 867,229 000 Edison 219,691 000 Fairfax 255,026 000 Fruitvale 961,072 000 Greenfield 853,030 000 Lakeside' 369,964 000 Norris 452,561 000 Panama - B.V. 3,808,308 000 .Rio Bravo-Greeley 410,513 000 Rosedale 1,004,472 000 Standard 3,629,057 000 Vineland 92,742,00(3 Total $17,479,354,000 With annual debt service estimated to average $1,253,400 the annual additionaI tax on . !' an $85,000 median priced home would be approximately $6.10 or stated another waY $7.18 per $100,000 of Assessed Value. .. I hope this information meets your needs. City of Bakersfield Airport Fund Federal Grant Revenue & City Transfers · ' 1985186-1998/99 Federal City Description Grants Contributions Totals 1985-86 2,000,000 540,000 * 2,540,000 1986-87 1,481,776 .......... 1,481,776 1987-88 424,719 50,000 * 474,719 1988-89 211,559 483,030 * 694,589 1989-90 1,944,238 .......... 1,944,238 1990-91 1,726,752 .......... 1,726,752 1991-92 807,421 435,500 ** 1,242,921 1992-93 187,699 881,470 ** 1 ,-069 169 1993-94 252,449 .......... 252,449 1994-95 130,598 265,000 ** 395,598 1995-96 17,862 .......... 17,862 1996-97 617,236 .......... 617,236 1997-98 .............................. 1998-99 .............................. Totals 9,802,309 2,655,000 12,457,309 Analysis Capital Improvements 9,802,309 1,640,600 11,442,909 Operations .......... 479,764 479,764 Availiable Balance 6/30/99' - ......... 534,636 534,636 Totals 9,802,309 2,655,000 12,457,309 * Revenue Sharing Fund ** General Fund K~nCo ~ 16,000,000 1 N~, Kern Count. C~lfomla S~-A~S~ Genera[ Obliga~on Bends ~=,~ ~ {Airpo~ Serlme 2000 Annual Date , Pr~nclp-~ Rate Interest P & I P & I 08/O1/00 329,313.54 329,313.54 12/01/00 460,000 3.800 396,178.25 865,178.25 1,184.488:78 08/O1/O1 388,438.26 388,438.26 12/01/01 480,000 4.200 388,438.25 866,436.25 1,252,872.50 08/01/02 376.366.25 376.358.26 12/01/02 600,000 4.360 376,358.26 876,358.25 1,252,712.50 08/O1/03 365,481 ;25 385,481.28 12/01/03 525,000 4.450 385,481.26 ' 890,481.26 1,255,982.50 08/01/04 363,800.00 363,800.00 12/01/04 545,000 4,650 353,800.00 898.800.00 1,262,800.00 06/01/05 341,401.26 341,401.25 12/01/05 570,000 4.850 341,401.25 9.11,401.25 1,252,802.50 08/01/08 328,148.75' 328,148.76 12/01/08 600,000 ~,.750 328,148.75 928,148,75 1,258,297.50 08/01/07 313,898.75 313,898.75 12/01/07 825,000 . 4.860 313,898.75 938,898.75 1,252,797.50 08101~8 298,742.50 298,742.50 12/01/08 856,000 4.950 288,742.50 953,742.50 1,252,485,00 08/O1/09 282,531.25 282,531.25 12/01/09 890,000 5.050 282,531.25 972,531.25 1,255,082.50 08/01110 265,108.75 265,108.75 12/O1 I10 728~000 6.200 265,108.75 990,108.75 1. 265,217.50 06/01/11 240,258.75 248.258.75 12/01111 700,000 5.300 246,258.75 1,006,258.75 1,252.517.50 08/01 I12 226,118.75 220,118.75 12/01112 800,000 5.750 226,118.75 1,026,118.75 1,252,237.50 08101/13 203,118.75 203,118.75 1 2/01/13 860,000 5.760 203,118.75 1,053,118.75 1,256,237.50 06/01/14 178,081.25 178,881.28 12/01114 895,000 5.750 178,881,25 I 073,881.25 1,252,362.50 08101115 152,950:00 162,950.00 12101115 950,000 5,750 152,950.00 1,102,950.00 1,255,900.00 08/01/18 125,637.50 125,637.50 12/01/18 1,005,000 5.750 125,637.50 1,130,837.50 1,256,275.00 08101/17 90,743.75 96,743,75 12/01/17 1,080,000 5,750 98,743.75 1.156,743.75 1,253,487.50 06/01118 88,288.75 66.268.75 12/01/18 1,120,000 5.750 86,288.75 1,188,268.75 1,252,537.60 08/01119 34,068.75 34,008.75 12/01/19 1,185,000 5.750 34,088.75 1,219,068.75 1.263,137.50 15.000,000 10,007,992.29 25,007,992.29 25,007,992.29 Dated 01/01/00 Average Coupon 5.526987 NIC 5.526987 SettJame~t O1/01/00 TIC 5.486429 Arbitrage Yield 5.488429 Bond Yea~e 181,075.00 Average Ufa 12.07 Accrued Interest 0.00 George K. Baum & Company 8/31199 BAKERSFIELD CITY MANAGER'S OFFICE MEMORANDUM CONFIDENTIAL September 1, 1999 TO: HONORABLE MAYOR AND CITY COUNCIL ~//~~ Several questions were asked by Councilmembers regarding the airpark and airport terminal project, as follows: 1) A memo is enclosed showing that a metro-wide tax referendum would cost about $6.10 per "average home" per year. 2) A history of what we have paid for the airpark (most is Federal grant funds) is enclosed. 3) The County is getting $8,000,000+ per year in new money from the tobacco settlement. It's unrestricted! What a fine terminal it can be for only a small portion of that! Details of the new money to them are enclosed. AT:rs Enclosure CONFIDENTIAL BAKERSFIELD CITY MANAGER'S OFFICE MEMORANDUM September 1, 1999 TO: Alan Tandy, City Manager FROM: John W. Stins~sistant City Manager SUBJECT: Tobacco Settlement Attached is a copy of the State Legislative Analyst's Office report on the Tobacco Settlement which was provided to me by the County Administrative Office. As detailed in the transmittal memo and the report, the County anticipates receiving $9.24 million on June 30, 2000. They will continue to receive approximately $8 million each year from the settlement for the next 20 to 25 years. These funds are in no way restricted as to their use by the County. They also have not included any of these funds in their current budget, since they do not anticipate receiving them from the state until next fiscal year. In addition to these funds the County also receives funds pursuant to the recently passed Proposition 10. They will receive $11.7 million for fiscal year 1999-00. These funds are completely separate from the Tobacco Settlement funds in that they are restricted in their use for child development programs and are controlled by the new created Children and Family First Commission. 08/31/00 TUff 00:43 FAX 00S 068 3100 wI~N ¢0 JJ)MXN ~00X FACSIMILE To: John Sdn.qon Of: ~i~ of Ra~§eld Fax: 66Z.8~2~2052 111$ 'lYe, tun A,v~aae, 5' lalo~ .. i~-mafl eJadd,~co.k:e,m.~a.~m 09,':11./99 TUB 09:44 F.LI 905 969 31.90 ~ CO .~J)I~IN l~1002 What Will It Mean for Califomh? The Tc~bacco $cttlcrucnt Pase I of 17 What Will It Mean for California*. The Tobacco Settlement Introduction T~ attorneys getmral of most rte'_cs and the major United States tobacco companies have agreed to seUle mote than 40 pending ]aw~uit~ brought by stace~ against the toba~:o Lm~su7. T~ ~cha~ge for bopping ~e~t ?aw~t~ts ~d agtteing not to sue in the ~utt~e, the s.tatcs wLll z~:eive bLLUoas of donaz~ payments f~em the tobacco comedowns a~d the ¢ompani~ wiU ~..~t madccting activities a~d establish new efA'octs to ctub tobacco Major ~'~.dings ~ ~'~ort, we ~:~w thc a§reement ~nd iL~ pot~ntia~ impa~t On , California, answe~ a numb~ of ques~ons a~ut how the a~t wouJd wodc, and r~ise a numbe~ of is.sues for co~derazton by the L~gLqlatutt. Co~lstderstiOl~Lq The ~etdemem ~s p~ojected to resuh payme, nu to Ca~or~.a of S25 bL1Uoa for the Legislature through 2Cr25. T~e a~moum will be s~ between the state and loc~ (aH 58 cou-t~es and fou~ cities). The~ a~c no restrictions on thc usc of the money. There are, however, a number of u~certaMt~e$ sutTounding how much money California wi.Il actvally receive. The 1999-00 Governor's Budget assumes the receipt of $562 million in hup://u~VW.1 ao.ca, gov/011499Atobacco_serdemenchcml ~ 1/99 Win ~r ~ ~ Califor~? The To .b. ncco ~c~c~:n! *Page 2 of 17 thc budf~ year, which is equivalent to the fi~3t two payments to thc state. Althou~ ~he seulemeat does no~ require any action by the Lesislatu~ in ctrc~ to L~kc effect, we suSSest that the · Recognize ~e uncer~n~ s'urroundin~ the level of funds the state will recdve, e~ecfally dedicate the settlement montes to suplx)rt spe,dfl,* n~w onSoh~ · Condder tim additional accrue ,to local government when considering additional local government fiscal relief in the futttre. · Monitor new national antltobacco program in order to complement existing state efforts. On November 16, 1998. thc attorneys gen~al of eight states (including Calit~omia) and ~ nation's four major tobacco companies agx~cd to settle morc tbs,, 40 pending lawsuits broul~tt by sta~s against thc tobacco industry. Tho ag~,erncnt will result in significant new revenues to thc state and local 5~over,~,~.~ts. In addition, it could x~s~lt in reductions in smoking 1~ citizens and thus hav~ Positive impac~ on public health. In this report, we r~view the settlement agreement and its potential impact on Californi~ answer a number of questions about'how thc settlement would work, and rais~ a number of issues for consideration by.thc Legislature. Summary of the Settlement Thc settlement agreement calls for financial payments to the states, thc creation ora national foundation to ~vclop an anti,moi~in8 advertising and education progr~n, sad the est~sbli.~ment of ccrtain adverti-.~ing rc~cictiofl.~ to I:~acfi£ public I'~alth. l~igurc 1 suro~4zes the ky features of the agrccmant, mM~¥ of which arc discus.sod ia mo~ detail below. http://www.lao.ca, gov/O 11499_~bacco_scttlcmcflt.hr. ml 8/31/99 05/31/99 T~ 09:44 F.~[ 805 860 3100 ~ C0 AI)¥XN ~004 What Will It Mean for California? The Tobacco Sealemeat Pa~ 3 of 17 ~i~ure 1 ~n~ fo~da~ou wh~ ~ ~ ~velop ~ ~S ~d ~on ~ on ~, ~g of ?o~ ou~ ~ob~o co--es Dis~ use of mb~o ~.. ~es ~u~n~ ~uc~ a~ ~ Brown & Wiili~son Toba~o C~mfion, ~ Tob~co ~y, p~p ht~p:/Iwww.lao.ca, gov/O 11499_to 'bacco_sccdemem. htm] 8/'3 Lr)9 ohn W. stin~h - 000~ 08."3t/gO Tt~ 00:4,3 F.L[ 805 868 3100 ~ ¢0 ADMX~r ~00S ~t W~ It ~ for C~f~a? ~ T~co Sc~cnt P~e 4 of 17 Mone~ Pro~io~ of ~e Se~ement Ove~ew of Mo~ Ho~ M~ Mono ~ C~yo~ Get? ~ia is proj<~ to ~v~ ~ ~md ~ ~ ~ount of M~g per y~ eh~g~ eoa~i~ly o~r ~e. ~fornia'a sh~ of t~ 1998 ~t ~ ' 1~8 ~ough 2025 .. ' ' .- (Jrt M~tt~om J 0~."31/00 TUE 00:46 F.LI 605 968 3100 KERN ¢0 Al)MIS 1~1000 Wlmt Will It Meaa for ~omia? The Tobacco Se~ement P~ge :S of 17 b l~j~ y~tr. ' The 1999-00 Govm*nor'~ Budget assumes thc rcccip~ ~ :~2 million to the state's C-choral Pund in 19~-06-the sta~e's 1995 payment ($15~ million) and 2000 payment (.~09 mmic~). Who C~U O~ Mon~? Several California jurisdictions, including Los Angeles ~ounty md the City and County of San Nrancisco, had toed their own lawsuits against the tobacco compani~. On Au~ $~ ~998, the Atxotney C-one, al entered into a Memorandum of Unde~t,~iing (~OU) with die local Soy .emmeuts to ccot'dmate their lawsuits wxth thc state*s stat and provtde fo~ the allocation of any m~mes recovered. The terms of ~e MOU include an even, ~)-50, split of the finaucial between the state and thc local governm~nt~ that sign onto the deal. Thus, thc estimated g25 billion to be aIlocated pu~uant to the tobacco se~ement would be ~lit between thc state and local governments with each rcceivi~8 $12.5 b~)lion. Thc local share w~ll be further Split betw~n the counties and speci~ed cities. Under the tenm of the MOU, the state*s $8 counties will receive ~) percent of the local share, or $I 1.~ billiom 'Fnesc mon~ will be dLs~itmtcd to the counties based on population. The rcm,i,~in~ l0 percent, or $1.25 b~llion, w~ll be split equally among four sp~c~cd cities-Los Angeles. San Diego, San Francisco. and San $ose~ The MOU limits the recovery to thc~c cities who could have ~ an ind,**pendent lawsuit pursuant to a specit~c provision of the Bu~io~s md Professions ~ode. Local ~ovcrnrneats do not amom,~ica~ty receive the ~unds unless they joia the settlement and agree to its terms. To the extent that a county or city chc~ses not to participate, tl~ monies that they could ha¥c otherwise received would be'r~dLqtribut~d to the state and local governments. Appendix 1 provides a breakdown ot'd~c cstZrn~d $12.~ billion goins to the local ~overnmcnts as a rUit of ~c sc~tiemem. Thc table assumes that all of the loca! governments jnin ~h¢ settlement. wCan.eMoney 8¢$1,ent?Thctobac¢oSCulcmcntagrc~.nncntplaccanore'--~~-~'-'-"~.~.on~on---~thc  nOo~ni. cs by the srates~ Similarly. CalLfornia'$ MOU with local governments contains no uso Many of thc state and local lawsuits (includins California's) had sought recovery from the tobacco companies or'thc tobacco-related health c. are costs (such as Mcdi-Cal) incurred by states and local governments. Thc settlement agreement and California's MOu with the loc'al governm~ts do not specify that any of the financial paym~zxts.by the companies att to rciraburse state and local governments for such costa. Absent specific action by thc Lcgialaturei'the funds received by the state fzom ~ settlement would be deposited into the General Fund. Because the money is not a proceed or'taxes, it would not be http://www.lao.ca, gov/011499_tobacco_settlemcnt.html 8/31/99 0007.GIF- O$/31/gg TL~ Og:&8 Y.L.X $05 8~$ 3J. go ~ CO .LX)]~X~T ~007 W]utt Will It Mean for C~dLt'ornia? Th~ Tobacco Settlement Page 6 of 17 counted ~ revenues for pu~x)ses of calcuhting the minimum guarantee under Proposition 98. Do~j ~e Se. tgemou MonO Cosmt TowAr~ the ~ Triter? A~ pan of use 199&.99 Package, the Legisiatum and Oovu'nor agreed to certain cuts in thc state's vehicle license f~ (VLc") in future year3 if s'pecffmd rovenue forecasts (or '~e~3") am reached. We believe that the additional General Fund revenues from the tobacco settlement would be counted towarct thc ~ggers. Based on our most n~.ent revenue projections, however, revenues from the settlement would;w; be enough by tbe. mselves m ~ e ~igger and ~cn~ra~ an additional cut in the VLF. Howeyer, th~ settlement, monies would bring C, ene. nl l:und revenues ctofer to tl~ levels that would activate the trigger, and if revenues inc~asc beyond cun~nt projcct~t lev~ could result in an adaiflonal ~ cut in thc future. W7~N W~ tar ~'ond7 Be Ayail~le? The settlon~nt agreement sets fanh a payment and distribution schedule for the monies to the statns. The tobacco compaaies w~ll n~ke payments into an escrow ac¢ounL However, none of the monet would be distributed to the states from the er~to,~ account until them h t ~in&l approval" of the agn~.rnent. 'Final approvaF is dcflaed ia thc agrccmcut u the earlier of (1) June 30, 2000 or (2) when 80 lx~.cnt · of the states, representing 80 percent of thc allocated distribution, obtain approval of the. h- consent decrees and ~ ctudlcnges and arl~:eals are heard-by t~i. state courts. Cun~tty, it is unknown when finn1 approval wLU be achieved, but it ts Likely tl~t it will occur before June :30, :2000 (whhin the state's 1999-00 fiscal yeat). As part of the settlement, thc tobacco companies ~ m~lr: a total of $12 bRUon in pay~ts. The fi~3t payment of $2.~ billion w~ pa~d to the escrow 3ccount by the end of 1998. Additional up-t~ront payments of $2.4 btlUon w~ll be made ~3ch ~anuary in 2000, 200~, 2002, and 2003. Annual payments w~ bcgin on April 15, 2000 and will be made in tl~ following inc:eznents: · 2000: $4_~ bLttion. · 200~: $5 bi.on. · 2002 and 2003:$6.5 bi21ion. · 2004-2017:$8.1 billion. · 20~8 anct armua.Uy the~: $9 billien. Uncertainties Regarding Money to C211rornia Out review finds that thc~ are a number of ~actor3 that could have an impact on thc amount of dolla:s 3ratable to C. si~fomia, ~ally in t~e long run. Most of these uncertainties wcadd t~uJt in thc state receiving leu money than projected or receiving money with res~cted ttses, although two of the uncer~nt~cs could actually ~ult ~n O3e state rcc~iring more money. Attfan~ a.f tad F~rel C-~frmnmt 27Mt Card C~'~r P~,mef~. ~ agreement has provisions to reduce ~.e payments to thc sta. tex Lu thc event that thc federal govea'nment takes certain actions against the tobacco companies by November 30, 2002, Spcci_qca~y, if the Congre.~s enacts legislation thaz provides for payments by ~ tobacco manufacturers (whether by settlement payment, ~x, et other means), which the federal government then makes avai.lable to the states t'or health- htlp://www.lao.ca. Soy/0114~_tobgcco_settlemcnt, html 8/3 , ~(~000008.GIF ...... · · Page I 08-*'31/99 Tt.~ 09:4T F.*t/ 805 060 3100 ~ CO .,I.J)lfll~ ~008 What Wdl It Mean for 'California? The Tobacco Settlement Paga ? of 17 related, tobacco-related, or for unre,,aicted p~ the tobacco companies could offset their payments to the statr, s by that amount. Uffder this scenario, the state miiht receive the $am~ overall amount of money it would hav~ otherwise reccivr, d, but with the federal iovexflment setting the. priorities or with significant strin5~ auached. Neithex thc Conaxess nor the lh~idem have announced any intention to take such actions at this time; nevertheles.q, such actions remain a possibility hi the future. Aetioas of tk~ Federal Goverament to Sefk Itebabunement for Health Care Costs. The federal government ~res with the states the costs of the Medicaid Prosram (Mcdi-Cai in California). A]thou~,h the settlement with th~ states is not basedon reimbur~g states for costs of tx~ating tobacco-related illnesses under Medicaid, federal law generally requires federal ageae2es to reimbursements for the fedea~ share of any Medicaid costs. As a consequence, it is poasibl$ tirol tile federal gevemment could seek reimbursement for its tobacco-related Medicaid costs, either by seeking a share of the states' settlement funds orby *atri~s legal action against tobacco companies hi federal court. To thc extent that fedoral authorities are successful in obtaining pan of th~.settlement funds, this would reduce the amount of funds retained by the states, In addttiial, to thc extent that a federal court action re,suits in a large payout by the tobacco companies to the federal gevea'n,v~*~, thc companies may become le~s solvent and las able to make the payments to the states as specified in the states' settlement. Federal authorities have not indicated whether they plan to undertak~ such actions relative to this settle, ment. However, in respon.qe to a previously proposed settlement, they had indicated that they w~uld ~ a share (ff..the funds. Drop in Cigarette $al~#. Thc settlement agreelllent contains provision.* that allow the tobacco companies to decrease the amount they pay to thc state~ if the nationwide sales of cigarettes dccte, ase. Specifically, each year the amount of the payment to .the states will be adj~ based otl tho of cig-,trettcs shipped within.thc U.S. for sale. To the extent that this volume drops, the payments to states will decrease over time. 'the tobacco companies have raised their price per pack by 4:5 cenl~ in order to pay for the settlement. To the extent that thc increase in the price per pack reduces the amount of ¢igar~tte~ consumed, the payments to the states would decrea.~ over time. This volume adjustment i.s based on nm~on~ide sales, not just sales within California. This.could minimize any negative financial impact on California since tobacco sales arc-more likely to decline fa~ter in CalLfornia than in the rest of thc country due to (1) the additioual 50 cents per pack tax placed on ¢igarctm$ beginning on lanuary 1, 1999 as a result of Proposition 10 (discu,~sed in itrcater deta/l below), and (2) the existing antiimoking campaign that already cxi~t~ in California that is ~unded from proposition 99 monies. La--fulls by ~Vonpartl¢!t~atlag t.~eal C~o~,e. rAm~nts. If a local government does not join in tim f, extlement but rather continues with a lawsuit against the tobacco companies, the local government would not receive any funds from the settlement. The share that.th~ would be eligible for under the terms of the MOU would be divided by the sta~e and the other participating local govemmen~ However, any award, jud/lalent, or .v~tlement won by a nonparticipating local government would be offset against tobacco companies' payments to the entire state. Ai this time, based on informal discussions with local governments, it seems likely that most, if not ail, local governrnen_ts ia California will participate in the state settlement. Tobacco Company Banlore. The tobacco ~ettlcmcut was entered into with the U.S. manufacmrinst subsidiaries of thc tobacco companies. As a conseq,,cnce, thepm*e~t companies are not responsible for payments,to the states should one of thc subsidiaries go bankrupt. Banlrruptey by ht~p://www.lao.ca, gov/O 11499_tobacco_settiement.htwJ 8/31/99 : , ~000009.GIF ...... ~ 0e,/3l./OO Tt','~ 00:~,e, FAX 005 868 31.00 ~ ¢0 AI)llXN I~00O What Will'It Mean for California? Th~ Tobacco Satlement Pase 8 of 17 one or more of thc tobacco mauu~ is a possibility given that the manufacture~ still face potemial lawsuits from individuals and ~us action~. For example, there is cun~ntly a class action case in Florida a~ainst the tobacco mnn-f~tllre~ SC~$ ~(X) bill;Off. Should one or more of tlz tobacco companies declare bankruptcy, the amount of money ~ning u~ ttm states could decrease si_ani6canfly. The t~mn~nin$ companies would not be responsible for payin~ the obligation of ~ b,n _t.n~ companies. R~ht~tlon h Marbt Sha~ o/'$mttng Comt~mie~. Over ~ the payments Of the patiieipait~ manufacturers can decrease if they lose market share to nonparticipating manufacnu~rs. Under the tcnns of th~ agreement, tl~ states can protect theauelves a~ainst a reduction in payments by pesstng a "n~xiel statute' included in thc agreement that would requite nonparticipating manufnctur~ to put . flmds into escrow accounts for 25 ycar~ equivaieat to the amounts paid by tho participating manufactutcn. This possibility of reduced payments due to ~ decline in rne,icet share is probably not a major concern. This is becsuse, ~ indicated earlier, most of the smeller tobacco manufactum-s have now ag~ed to the deaL Under the terms of thc deal, the public health provisions of the agreement will apply to these companies. Should their market sha~ increase to a specified level, they will becomo responsible.for making paymente ¢orreslx~,ti,,g to those due by the original participating coml~des. States would not receive any ~lditional monies, but the shar~ paid by individual companies would chanse. In~'easedPa~mrn~s/'rom the "Strategic Conlrtb~ion." From 2008 through 2017, the tobacco companies will provide a 's~ategic conuibution" Of S861 million per yea~ to thc s~,-s In exc. e~q of the other payments. How these fhnds arc allocated among ~ state~ will bc dctcrmined by a panel committee of three former attorn~s gcncrai. Thc criteria for the alloc~tinn of the s~atc~ic contribution will take into account each state's contribution to thc litigation. California was relatively late entrant among states to the litigation, which may hun thc state's chances of n:ceiving a signi~canl p~rtlon of the straicgic contribution. However. thc fact that the California Attorney General wu one of the eight auorneys ~ that negotiated thc agreement and thc sheer size of the state's c~e.against the companies may off~ any disadvantaSc. Increases Du~ ~o Infla~n Adjustments. Thc petymcnt.q made by the tobacco companies will inc~ase shove the ¢~tly estimated amounts due to an inflation a~ijustment. The futu~ tobacco will be adjusted annually by 3 percent or thc national Consumer Price Index (ClYl). whichever is gr~atcr. Thus, to the extent that thc volume of cigarettes shipped within riu: U.S. does not cleo'case, the cetal payments to the statc~ will incrca.sc. Legal Implications of the ,Settlement The tobacco settlement agr~ment likely brings to it close variou~ state and local government litigation again~ the tobacco companies and-has it number of legal implications. Wh,u Happens.t~ the State's Cave as a ~esu/t o~'the Sett/eme~t? On ~une 12, 1997, the California Attorney C, enerai filed a lawsuit against thc major tobacco companies in the Sacramento Superior Court containing fo~ causei of action, a.s .~hown in Figure 3. By the time of thc settlement agr~ment, two of the causes of action had already been dismissal by the court and two others wene yet to be addxcsscd by the cout~ htl:p://www.lao.ca, gov/011499..to .bacco_scttlcmcnt.html 8/31/99 Jo n' .l~nson-OOOOOOlO.GiF ~'/ 08/3.?gg TL~ 09:48 F.~[. SOS $68 3X$0 . ~ ¢0 .~J)MXN ~0X0 What win It Mean for California? The Tobacco Sctdement Pa~ 9 of 17 ~eganon w~ l;eVxously ~.sed by the · l/'~4Eoaz oJ' Sfe/e ~J~/-~'nr, t ~. Tubacco Eu-m$ (i) conspired ~o not develop or market safer cigarettes mhd tobacco products and (2) conspLred to not ~ on the basis of relative product safety. This allegation was awaiting action by the · 1~ola~n~ o!~ Coagun~r P~ecfion ~#. Tobacco rums conducted c~'__~tive, -.l,,wful, and unfair business practices by (1) mLvepmsentadons and deceptive stat~m~nt~ to sell theix pro<luc~ (2) tapering minors ~o buy ci8ax~ttes, {3) n~mip~latini levcls of nicot~e w[~out ~equa~ . d~sclost~, and (4) ixnl~mpe~ly su~ng evidence about tt~ healt~ i~pacts of product. This alle~adon wa~ ,,w~t~ng action by the cou.,.t. · Woka/on~ e.f'$a~e Fe/x~ ~ ,.tel, TobaCCO firms improperly sealed certain . documents and cecor~ wlfich would othcr~se have.been ava~Isblc to inf~rm C~ifomia ;tud~rlti~s of thc companies' wronsdoin~s. This aJle~t, ion was previously dismissed by the UIx~n approval of~e conscnt!decr~ tn the state court, t~ stain's ~ against tl~ tobacco coml~ni~ w~l 1~ consider~ se~ed. As previou.~ty indicated, the San Diego Sut:~-dor Co~'t a~oved consent decr~ on 'December 9 and d~ settlement becomes final 60 days later un]ess the cou~ order IS ch'allcnsed during t~t period. T~e se~e.m~t a~xeement gencr~tl¥ r~ea.~$ d~e si~n~ tobacco compeni~s from a~y ~utux~ lawsuits by the'state and local sovemments that p~ticipat~ in $c~t~cmcn~ How Is the Settlement Differen~ From a Resolution R~ul~in~ From a Frial? It is ct[f~cult to sa7 with a high level of cer~in~y how a ~ on California's lawsuit against ~h¢ robin:co compra~e~ wouk[ · have eaded. It seems ualikely, however, t~t a court would have ordered provisio~ ~a~l to public health thai ~he tobacco companies subsequeatly agreed [o in the se~llcmeat (for example, on ~lvcr~ing ~nd ccrpor~¢ spo~crship). It i~ ~o~ cleat wbe~er ~h¢ mor~tary pmvi~ions Im~vided in ~be ~etflemen~ agreem~ui are ~',mater.than the sure would have ob~aiaed Lf k bad wc~ Rs c~se in com~. How~vcr, because the companies have a~reed ~o cbc se~tlcment it i.~ likely that moacy will flow to the state mo~¢ quickly and easily siace the compani~ wo~ld likely have appe. alcd a court decision. Can Co_~fornlan~ File Law~ui~ a~ Individuals or in Cla~ Action .I~rwsu~t~ Again~[ th~ Tobacco Company? While ~he seu. lcrnent places res~c~ioas on future laws~il.s by g~vemmental en~ties, lawsuits by.iadividuals and ¢l~es of ~dividuals again.s~ the tobacco companie~ could still h~P://~ww.lao-ca.gov~l l~99_mbacco_se~lemeut.h~fl 8/31/99 ~J°h-n-'W~'~Stjns(~l~ ~ Odooool ...... ~. ........ , 1 .GIF - .......... 06/3t~*~ TUB 0~:4g F.~X $05 ~68 31. g0 ~ ¢0 .~DMIN' What Will I~lo~z It Mean for C. alifc,,-~i~? Thc Tobacco Settlement Page 10 of 17 or Provl~ax~ Re~t~d to Public'Health · Restrictions on Adve4'tising o Bans .use of cartoon character~ in advtmising. o Pzohl'bits ~'~el'fi't~.l*o.t~ in advertising. Dromotions. or marketing. o Bans outdoor advcrfi.sing including bLIlboards, and placards i-n a~nas. stadi-m% shopping mails, and vidco game arcades. o Limits size ofad~nYt/ng ~ feet. o Bans Uu~t/t advertising. · Restrictious on ~. u~.~ct Placement ~nd Sponsorship o Bans ctis~lJutio, and s~t. of,pi~zrd ~/menr/~t/so with brand name logos, beginning July 1. t999. o Bans paym~ts to promote toi~:co ;,ro~ts i~ r~o,i~t, td~isto. tho~,$, titterer l:m~ducttons, live or recorded music [~rfonnances. and videos and video games. hllp'.//www, lao.c a. gov/O ! 1499_tobacco_settlement. html 8/31/99 os/3x/gg Tt,~ 0g:tg P.~X 80S ~6~ 3tg0 xmm co .~Mxs ~ WW ~ Me~ ~or ~o~a? ~ T~ Setd~e~ ~e Il of 17 (~ ~nt ~ cx~). o B~ ~o ~w~r~ ~~. · New Na~ F~on ~ C~at ~ o ~~ ~ ~ foun~ to ~lop ~~ ~ ~np~ to co~ ~ ~ns ~d educ~e ~ o h~'~ ~ ~y ~ of$1~ b~n ~ m~n~ ~1~ ~ ~ to r~e t~ smo~g.  for To~o R~-~ ~ T~o ~Omt~ ~d ~c ~ ~r ~ R~. ~ ~e ~ to ~ ~o~ ~c~s to ~d ~n~p~on of to~ p~uc~. o ~i~ ~ indu~ ~em ~g my ~ r~g ~ 8ea~ co~,~e~ of ~o~g. It is u~own ~w ~vc.~ pro~s will ~. It should be ~, however, ~ m~ ~ ~ c~o~ ~t w~l ~ ~~ ~ a ~s~t ~ ~c ~ur~nL s~h ~ ~v~ng ~d ~uc~on ~s ~ co~ smo~g, ~y e~ in ~[ifo~a ~d ~e su~d ~ ~i~ ~ ~n~. Differenc~ Between the Set~ement and ~c~ous A~eemen~ ~e c~ent a~cm~l ~ ~e c~n~on of effo~ to ~le s~te ~ws~ ag~ ~ t~ co~ ~ ~ve ~n ongo~ for ~v~ y~s. . The 1~ "Glob~ SetUem~t" ~ ~d-l~, ~e ~o~ys ge~ of~ ~ ~d ~e compa~ world ~t ~c ~d ~cnt" a~cnL Under ~s a~nL ~c comp~ wo~d ~ ~ ~jor ~ ht~:/~w.lao.ca, gov~11499_tob~c~nLh~ ~1~ , John'W-$tinso~-,'0000001 06/31/90 l"t'E 09:30 F..I,./ $03 800 3190 ~ CO .~d)KXN ~J013 What W'dl It Mean for California? The Tobacco Settlement Page 12 of 17 payments to thc s~res. 'l'nesc p~yme, aU would bc in cxchaflge for certain enactment of laws by Conslv~ which would bare essentially halted nmc. h of the litigation against the tobacco indus~ nd placed certain re4. trictious on future litig'a~lon a~'ainst the induslzy, including no punitive dama~, no ~ actions, and an annual,cap on damage payments. Although f~cml l¢~hlation was inUoduc~d m ~a~t thc global ~le, me~ as well as legislation thai wcnt far t~yond that settlement, Con~ did not pass any lcgislaQon. 'Fha currant multistatc ~e~cmeat re~quircs no le§islal:ive action by Congr~s. T~ current setller~-~t docs not provide f6t l~ymcnts as large as thc global settlement. Thc global se~nt proposed $368 billion over 25 years in payments to the stales as opposed.to thc cum~ 8~emenl which is $206 bi]llon over 25 years. From a public health standpoint, probably t~ most sis33ificanc policy difference between I:~ two setli~menr, is that the global settlement world have changed current fecleral law ~o allow th~ U.S. Fo(xi a~d Drug Admi~ist:ra~ion (FDA) to regulate tobacco. In addition, thc global ~ conraizlcd ~omewha~ broader lv~ltictions on the content of tobacco company advcr~ug than thc curre~ settlcmont, *lthough the current a~eement contains broader restrictions on the placea3cut of advertising. Thc global settlement contained so-called "]ook-b~ck" provisions tha~ would h~e ponalizcd tobacco companies if youth smoking did not dccllne over tim~ However, only thc current settlement includes e,~blishn3ent of a national foundaQoa to study youth smoking and fund antismokin8 adve~inS. Settlements With the Four Other Sta~ As indicau~d earlier, fou~ stales 0~lorida, Minnesota, ~fississippi, and Texas) all have previously ~cttlcd ~hcir cases against the tobacco companie.~ with conditions and provision~ similar to those of thc current se~emeat. Thc amount of money projected for California under ~ curt'cat scRlelr~lzt, On a per capita basis, is similar to ti~ am~u~s p~ojected for Florida ~d Texas. HOwever. in MissJ.~ippi, which was the Qrst state to file a lawsuit, and in Minnesota, wh~h .~tled just prior to the end of thc trial, the per capita amounts were much greater than for Ca~Lfornia in ~he currant mulQstar~ a~cmcnL Relationship of the Settlement to Proposition 10 Proposition t0, enacted by the~ yon:rs in thc November 1998 election, created thc California Chiid~n and Families Fiz~£ Prograr~ This program will fund early chilc~oo(t developraeut programs from revenues generated by i~crca~es in the s{a~ excisc'~x on cigarettes and other tobacco [~ucr~. Thc measure' increases the excise tax oa cigar~tr~ by 50 cents per pa¢k beginning January 1, 1999, brin~n~ [he total sta~ excise tax to 8'/c.~nL~ per ~k. The rne~ur~ also wi]] incrca~ th~ exci~ ~ax otl0the~ Dj]3es of tobacco ptothlcts (such ~ c~ars, chewing tobacco, pipe tobacco, an~ snuff) bcginnin$ 3uly 1, 1999. A. Ir~ou~l both the tobacco agt'c~.ment and Proposition 1(3 ~ll gcne~te substal3dal a¢ldicional r~venue$ to the sta~c and local ~ovcrnmenL~ in California, theh' simi]az~t, ics end them. T~ 133ajor . difference hetwccn r~c ~o-is tha! Proposition ~0 mve. aue.~ can only be usc(l for specified purpo~$ allocated by local commissions, whereas there arc no rcstriction~ oa thc use of the tobacco setl]emeut monies by the s~atc or local governments.. l~ur~ 5 compares thc major features of the tobacco s~tt]ement and Proposition 10. Appendix 2 shows o~' estima~ of thc rcvr. aues to the individual counties resulting from the measuro for 1998-99 htzp://v~v w.lao.ca.sov/O t 14~ 9_t obacco_s~u, lement, htmi 8J31/99 06/31./00 Tt~ 09:$1. F.L~ 80S 860 3].00 KERN CO .al)MTN I~IOX4 What Will It ~can for California? 'l'ne Tobacco Setllement Pa~ 13 ~f (partial-year implementalion) and 1999-00 (full-year implementnflOn). (For sdd;ti0nal inffonnaflon on Proposition 10, please see ou~ r~cent report Proposition lO: lfow Do~ It Wort and Wha~ Rol~ the Leg~latur~ Pray in ltz Impttmematton? Lcomp -lson of Toby:co Semem nt and Prop ___Caon lO i Tobacco Settlement -' I Propaslti_~ 10 Revenue $800 million to $1 billion annually, ~_690 million in 1999-00 split 50-50 between stat~ and local tleclinin$ slightly in subsequent' Use of funds No restrictions P.,~rict~t to child chvelolan~nt ~. program, ~-oJeeted revenue Significant tmcertainty, especially in Likely to d~cline slowly __ "~e long run Control of funds S~al~ and locally elected officials County-appointed commission ~nd qrarp~ I~nw f~nds g~n~.rat~d Payments fi'Om tobacco companies New stat~ ~ on tobacco .~a.~cd on m consun~) Im3ducts What Should the Legislature Do? Az indiczt~ previously, the agreement does no~ reqni~ any action by the Legislature in order to take effect. However, the agreement raises a number of issues that the Legls|an~e will nccd to consider. Recognize Funding Uncertainties tn the Long Run Despite thc unccrtainti~ outlined above, wc b~lievc that it is r~lativ~ly certain that th~ sta~ will receive thc projected amounts of mW. hues from tl~ settlement at least in thc short run (the next three ye. ars or so). However, ~ever~l of the uncertainties, such as potential declines in smoking and future actions of the federal government, make the long.term funding levels much mom questionable. Given the loug-term uncertainties about the revenues, we recornm~nd that the Legislatttm refrain from dedicating the tobacco settlement monies to support specific new ongoing programs. Rather, we believe that it would be more fiscally prudent to reexamine thc scttlcmcnt projections rcgulartY'and continue to deposit thc money in thc General Fund without sl~cifi¢ carmarldfl~ for a particular program. Should the Legislature wish to establish flew programs, such programs should compete for revenues fxom the Genera] ~und with aL1 other legislative priorities. Our rccomm~t~:! approach is ¢oriaiatent with thc (}ovcrnor'3 1999-00 budget proposal. Recognize Benefit to Local Goyernments Since thc property tax shifts of thc early 1990s, thc Lcs~slat~re has taken numy actions to bolster thc htrp://www.lao.ca, gov/011499_tobacco_s~ttlcmcnt.html 8/31~9 JoAn W Stinson , . :12 ..... · 08/31/00 'II~H OO:$X FAX 805 Wbal WiU It Meaa fo~ C~ifota~? The Tobacco Scr~emeat Page 14 of 17 ~ coaditioa of ~'s local ~ovemnen~. Fe~ example, ~e ~lam~ ]~ ~ ~ ~ ~ ~d c~fi~: ~~ 172 ~ m mv~, ~ ~ ~ ~ ~ ~ ~ ~ ~wn ~ ~ ~ ~ t~o sc~nt is ~ to pm~ m l~ ~v~n~ $1~3 minion ~ ~ ~ y~, ~s~ m ~ut ~ m~on ~u~y wi~ e few 7~. ~ ~ ~ of ~ ~ ~d~ ~ ~, ~ ~ ~u~ w~ ~t~ (or ~ve) ~ l~s ~d ~ges, whi~ ~ ~g ~fic~y ~ ~ ~g~ ~L ~ n~ ~d ~ ~ ~c~nt m~ ~y '~ ~- ~ ~ hole ~ ~ ~ pm~ ~ ~ ~ ~ ~la~ ~n~pl~ ~0~ f~ 1~ fi~ miff ~ ~ ~ we ~d ~ ~ Monitor New Nafio fitobacco ~ ~e~nt ~!~ a ~fio~ fou~ation ~ combu s~ng a~ ~lu~ a m~ of Sl.15 b~on ~ ~n ~m~ m~o ~ f~ ~fi~m of a ~ ~ ~1 ~blk ~c~ ~ ~ ~ ~1~ ~ ~ to ~dy p~ to ~ ~ ~8. ~ ~ not c~ ~w ~ ~ni~ w~ ~ u~ a ~ ~ Howev~, it ~ ~cly ~at ~h ~ ~ ~l~t ~ ~le~t ~ sm~'s ~ing eHo~ ~ c~ t~o coemption. ~r ~ ~ it w~ ~ i~t r~ ~ a~on ~ ~e ~sl~ ~ cl~ly ~ni~ ~~on of ~der Ad~ ~e M~d ~lagon ~duded ~ ~cnt ~nt ~lu~s ~1 lc~ ~ would p~t ~ ~ ~ ~ ~ s~ ~m ~ ~ a ~t o[ leu of m~ct ~ ~ ~ ~o ~c m~t by ~w mb~ ~mp~. ~ vi~ of~ fis~ issue, we ~lie~ t~t ~ ~~ may w~t m c~ ~ · e m~l le~sla~. Concision ~ tob~ ~nt ~ ~t in si~c~t ~ resou~cs to ~o~'.s s~te ~ ~ '~ un~n~ su~8 ~ level of,fun~ ~ ~tc wi~ ~eivc in ~ ~c ~ r~k~n ~to Appendix 1 http'.//www.lao.ca.§av/O 11499_tobaccojctdcmcnchtml 8/3 ~/99 ..~n - 00000016.GIF 05/31/90 'I1.~ 00:52 F.t3[ 005 068 3190 What Will h Mean for California? Thc Tobacco $ctQcmcnt Pa~: 15 of 17 4 S 1! hitp://www.lao.ca, gov/O11499_tob~,'co_settlcmem.htnd . 8/31/99 J~hh"W:-Sti_ns6n. ~[ ........, 00000017.GIF oG."31,.gg Tr.'8 0g:$3 F'.,T=T 805 ,66.6 3,1.90 ~ CO .O)'IIXN ~0.L? What WUI It Mean for California? Thc Tobacco $cRlement Pago 16 of 17 ,d Appendix 2 .c.=..,y ~ rm., ! ]~-0o ~;o.., I r,~-~ Ii ~o[~a] I~ 3~ Sm Ben~ ' 4i6.1 ~l 'N~ I~ 33? Sm ~e~o 23.683~: 45.~ · ~.~ hup://www.lao.ca, gov/O 11499_tobacco_s~ttlement.hmil 8/31Y99 [j61~'r~ W.-StinSo~, 000C).0018.GIF ............ - ...................................... pEg~ ~ j 08/31/00 T~ 00:$3 FA3. 805 668 3J. O0 KERN CO ~IN ~OX8 hrtp://wnvw, lao.ca.gov/O 11499_tobacco_scttlcmcnt. html 8/31/99 BAKERSFIELD MEMORANDUM September 24, 1999 TO: Budget and Finance Committee FROM: Alan Tandy, City Manager . SUBJECT: Air Terminal Funding - BrOad Range of Options Depending upon the priority the Committee and City Council place on this issue, the following are the broad-based options available to the Council. They are not prioritized or in any order: A) Keep the transfer of the Municipal Airpark and $500,000 fund balance open. for a year or two. Perhaps in time, the County will consider the offer more positively. B) If the project is an extremely high priority, agree to the $3,000,000 funding on the 20-year debt retirement basis at the estimated cost of $309,200 per year at 6% interest. C) Recommend that the County use the $8,000,000 in new money from the tobacco settlement for this high priority project. If it is not received, or if its use becomes restricted making the terminal ineligible, then agree to B, above. D) It is early in the fiscal year. Hold on any decision until more information becomes available, discretionary funds become available to the City, the tobacco tax settlement becomes more clear, etc. AT:al / B'O A R D O F S U P E R V I S O R S' COUNTY OF KERN. October 12, 1999 CityCouncil · City of Bakersfield 1501 Truxtun Avenue Bakersfield, CA 93301 Jori McQuiston REQUEST FOR FINANCIAL ASSISTANCE FOR FUNDING THE NEW District 1 AIR PASSENGER TERMINAL AT MEADOWS FIELD AIRPORT Steve A. Perez District 2 Dear Members of the Council: Barbara Patrick District 3 The planning phase for building a new air passenger terminal at Meadows Re,herb W. Pe,er,on Field Airport is well under way. As we approach the 15% architectural Dis~,:t 4 design phase, we must finalize our financial plan and determine the size of Pete H. ?an-a terminal we can afford. Up-scaling or down-scaling after the 15% .point will District 5 generate additional architectural fees. To that end, it is time to obtain funding commitments in order to have our architects design the building we l ll,STruxtun Avenue can afford to build. Bakersfield, CA 93301 (805) 868-3585 The project will require approximately $20,850,000 to complete the slightly Denise Pe.nnel]more than 50,000 square foot terminal and support facilities. Possible Clerk of the Board funding 'sources identified to date are as follows: County of Kern $8,000,000 Federal Aviation Administration (Discretionary) $4;050,000 Federal Aviation Administration (Entitlement) $3,910,000 Passenger Facility Charge $1,890,000 City of Bakersfield $3,000,000 The costs associated with a new terminal are significant, and we ask for your. financial assistance in completing this important project. The actual monies are not needed until 2003. Therefore, we are asking for your commitment for financial assistance and would ask that you decide by March 1't of 2000. Without your assistance, the terminal building will KERN COUNTY City Council City of Bakersfield October 12, 1999 Page 2 'necessarily be down-scaled. As you can appreciate, we feel that the City's participation in funding this project is imperative. A new terminal is in your interests too because: · Approximately 60% of the passengers using Meadows 'Field are City residents or others travelling to the city for business. · The new air passenger terminal will have a major positive economic impact on the City. · The terminal will greatly improVe the City's ability to attract new businesses and retain established businesses. Therefore, IT IS REQUESTED that your Council (1) approve the City to provide financial assistance in the amount of $3,000,000 by the City of Bakersfield to construct a new air passenger terminal building at Meadows Field Airport; and (2) authorize the City Manager to develop a proposed agreement with the County of Kern for funding $3,000,000 of the cost of a new air terminal building. Respectfully, ,Board of Supervisors County of Kern Cc: Members, Board of Supervisors ! g:\word~boardofs\city_cou.doc ADMINISTRATIVE REPORT MEETING DATE: January 26, 2000 AGENDA SECTION: Consent Calendar ITEM: 8.j. TO: Honorable Mayor and City Council APPROVED FROM: Raul Rojas, Public Works Director DEPARTMENT HEA DATE: January 13, 2000 CITY ATTORNEY/~--~'z'--~ CITY MANAGER ~ SUBJECT: Acceptance of 1998-99 Transportation Development Act Funds Financial Statement. RECOMMENDATION: Staff recommends acceptance of the financial statements. BACKGROUND: In compliance with the Kern Council of Governments Rules and Regulations, the California Public Utilities Code section 99245, and the California Code of Regulations section 6664, the attached financial statements for the Transportation Development Act Funds were prepared for the fiscal year ending June 30, 1999. ' The financial statement summarizes fiscal activity for the Streets and Roads Fund, and the Bikeway and. Pedestrian Fund. The accuracy and the fairness of the presentation is the responsibility of the City. The audit firm of Brown Armstrong Randall and Reyes has issued an unqualified opinion PW-GL:rnq~ January 13, 2000, 9:52AM G:\GROUPDAT~ADMINRPT~2000~January 26\TransDevAct. wlxl CiTY Of BAKERSFIELD TRANSPORTATION DEVELOPMENT ACT FUNDS FINANCIAL STATEMENTS JUNE 30, 1999 AND 1998 CITY OF BAKERSFIELD TRANSPORTATION DEVELOPMENT ACT FUNDS TABLE OF CONTENTS Pa,qe FINANCIAL SECTION Independent Auditor's Report ................................................................................................... 1 Financial Statements Streets and Roads Fund Balance Sheets ................................................................................................................. 3 Statements of Revenues, Expenditures, and Changes in Fund Balance ................................................................................................ 4 Bikeway and PedeStrian Fund Balance Sheets ................................................................................................................. 5 · Statements of RevenueS, Expenditures, and Changes in Fund Balance ............................................................................................... 6 Notes to Financial Statements ....................... : ......................................................................... 7 Other Reports Auditor's Report on Compliance and on Internal Control Over Financial Reporting Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards and the Rules and Regulations of the Transportation Development Act .................................................................................................................... 9 Peter C. Bmr, CPA Bu~on H. A~n~ CPA le~ E. ~ndaU, CPA/A~V INDEPENDENT AUDiTOr'S ~nja~ P. Rey~, CPA .~drew J. Paulden, CPA Ha~eyJ. M~o~, CPA To the Ci~ Council Ci~ of Bake~field Bakersfield, California ,~dma Ru~efford-~l, CPA Steven R. Sta~uck, CPA Ail~n K~ter, CPA We have audR~ ~e a~mpanying financial statements of the Struts and Roads FUnd, and · e Bikeway and P~ian Fund of ~e Ci~ of Bakersfield, California, as of June 30, 1999 Ly~ R. ~a~, CPA and 1998, and for ~e y~m ~en end~. The financial statements are ~e r~nsibili~ of ~e Stacy L. Wa~te~, CPA Ci~ Of Bake~field, California's, management. Our responsibili~ is to express an opinion on c~ M. ~om~u~h, CPA these financial statements based on our audit. Iac~u~e L ~ton, CPA We conduct~ our audit in accordance with generally accepted auditing standards. Those Joan M. ~de~o~, CPA standards r~uire ~at we plan and peffo~ the audit to obtain reasonable assurance about whether ~e financial statements are free of material misstatement. ~ audit includ~ r M. H~k~, CPA examining, on a test basis, evidence supposing the amounts and disclosur~ in ~e financial ~u,,~,~e v. ~er, CPA statements. ~ audit also includ~ ass~sing ~e accoun~ng principl~ us~ and signifi~nt E~c~.X~,CPA estimates made by management, as well as evaluating ~e overall financial-statement presentation. We believe ~at our audit provides a reasonable basis for our opinion. As discuss~ in Note 1, the financial statements present only the Streets and Roads Fund and the Bikeway and Ped~trian Fund and are not intended to present fairly the financial position of ~e Ci~ of Bakersfield, California, and the results of its operations and the ~sh flows of its prop~eta~ ~nd ~pe in ~nfo~i~ wi~ generally accept~ a~unting p~ncipl~. In our opinion, ~e financial statements referr~ to in the first paragraph pr~ent fairly, in all mate~al r~, ~e financial posi~on of ~e Sffeets and Roads Fund and ~e Bikeway and P~an .Fund of ~e Ci~ of Bakemfield, California, as of June 30, 1999 and 1998, and ~e results of its operations for the year then ended in conformi~ with generally accept~ - accounting principle. MEMBER of SEC Practice Section of the American Institute of Certified Public Accountants In accordance with GOVERNMENT AUDITING STANDARDS, we have also issued reports dated October 27, 1999 on our consideration of the Streets and Roads Fund, and the Bikeway and Pedestrian Fund of the City of Bakersfield, California's, internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts and grants. The City of Bakersfield's TDA financial statements does not present the disclosures required by Government Accounting Standards Board Technical Bulletin 98-1, Di$c/osures about Year 2000/$~ues, as amended by Governmental Accounting Standards Board Technical Bulletin 99-1, that the Government Accountin~l Standards Board has determined are necessary to supplement, although not be a part of, the basic financial statements. In addition, we do not provide assurance that the City of Bakersfield's TDA is or will become year 2000 compliant, that the City of Bakersfield's TDA year 2000 remediation efforts will be successful in whole or in part, or that parties with which the City of Bakersfield's TDA does business are or will become year 2000 compliant. BROWN ARMSTRONG RANDALL REYES PAULDEN & McCOWN ACCOUNTANCY CORPORATION Bakersfield, California ... October 27, 1999 2 CITY Of BAKERSFIELD STREETS AND ROADS FUND BALANCE SHEETS JUNE 301 1999 AND 1998 1999 1998 ASSETS Cash with City Treasurer $ 3,974 $ 8,435 Accrued Interest Receivable 44 967 TOTAL ASSETS ~=====4=,=~ ~=~====~=,=~ LIABILITIES AND FUND BALANCF Liabilities Accounts Payable $ - $ 5,303 Fund Balance Unreserved 4,018 4,099 TOTAL LIABILITIES AND FUND BALANCE ~===~r,,~!~ ~ The accompanying notes are an integral part of these financial statements. 3 CITY OF BAKERSFIELD STREETS AND ROADS FUND STATEMENTS OF REVENUES, EXPENDITURES, AND. CHANGES IN FUND BALANCE FOR THE YEARS ENDED JUNE 30. 1999 AND 1998 1999 1998 REVENUES Interest Income $ 189 $ 4,041 EXPENDITURES Streets and Roads 270 88,597 EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES (81 ) (84,556) FUND BALANCES AT BEGINNING OF YEAR 4,099 88,655 FUND BALANCES AT END OF YEAR $ 4.018 $ 4.099 The accompanying notes are an integral part of these financial statements. 4 "- I CITY OF BAKERSFIELD BIKEWAY AND PEDESTRIAN FUND BALANCE SHEETS JUNE 30, 1999 AND 1998 1999 1998 ASSETS Cash wi~Treasurer $ 191,360 $ '54,044 AccruedlnterestReceivable 549 743 Duefrom LocalAgencies '. 9,386 _ TOTALASSETS ~ ~ LIABILITIES AND FUND BALANCF Liabilities Accounts Payable $ 7 $ - Due to KemCOG 45,558 27 Deferred Revenue 155,959 54,760 Total Liabilities 201,524 54,787 Fund Balance (Deficit) Unreserved ('229) - TOTAL LIABILITIES AND FUND BALANCE ~ ~ The accompanying notes are an integral part of these financial statements. 5 CITY OF BAKERSFIELD TDA FUNDS BIKEWAY AND PEDESTRIAN FUND STATEMENTS OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE .~'~' FOR THE YEARS ENDED JUNE 30, 1999 AND 1998 ~. 1999 1998 REVENUES Local Transportation Funds $ 16,586 $ - Investment Income 1,805 127) Total Revenues 18,391 (27) EXPENDITURES Pedestrian and Bicycle 18,620 85 EXCESS (DEFICIENCY) OF REVENUES OVER (229) (112) FUND BALANCES AT BEGINNING OF YEAR - 112 FUND BALANCES (DEFICIT) AT END OF YEAR $ _(229) $ - i' The accompanying notes are an integral part of these financial statements. 6 CITY Of BAKERSFIELD TRANSPORTATION DEVELOPMENT ACT FUNDS NOTES TO FINANCIAL STATEMENTS JUNE 30, 1999 AND 1998 NOTE I - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIE~ The financial statements of the Transportation Development Act ('FDA) Funds of the City of Bakersfield (City) have been prepared in conformity with generally accepted accounting principles (GAAP) as applied to government units. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The more significant of the ' City's accounting policies are described below. Description of the Reportinq Entity The TDA provides funding of public transportation through regional planning and programming agencies. Funds are allocated to the City through the county transportation planning agency, Kern Council of Governments (KERNCOG). The TDA Funds account for the City of Bakersfield's share of the Transportation Development Act allocations, which are legally restricted for specific purposes as detailed in applicable sections of the Public Utilities Code. As the TDA Fund's financial statements do not include all funds and component units of the City, they are not intended to present fairly the financial position and results of Operations of the City in conformity with generally accepted accounting principles. The financial statements are intended to reflect the financial position, results of operations and compliance with the Transportation Development Act only for the Streets and Roads Fund and the Bikeway and Pedestrian Fund. Basis of Accounting The City uses funds to report on its financial position and the results of its operations. Fund accounting is designed to demonstrate legal compliance and to aid financial management by segregating transactions related to certain government functions or activities. The operations of the TDA funds of the City are accounted for in a separate set of self-balancing'accounts that comprise the Funds' assets, liabilities, fund balance, revenues and expenditures. The Streets and Roads Fund and the Bikeway and Pedestrian Fund are accounted for as special revenue funds within the governmental category using the modified accrual basis of accounting whereby revenues are recognized when they become measurable and available and expenditures are recognized when the'liabilities _ are incurred. The City reports deferred revenue on its balance sheet. Deferred revenues arise when a potential revenue does not meet both the "measurable" and "available" criteria for recognition in the current period. In subsequent periods, when both revenue recognition criteda are met, or when the City has a legal claim to the resources, the liability for deferred revenue is removed from the combined balance sheet and revenue is recognized. 7 NOTE I - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Inter'fund Receivables/Payables During the course of operations, numerous transactions occur between individual funds for goods provided - ~' or services rendered. These receivables and payables are classified as "due from other funds" or "due to other funds" on the balance sheet. Short-term interfund loans are classified as "interfund receivables/payables." Fund Equity Designated fund balances represent tentative plans for future use of financial resources. Comparative Data Comparative data for the pdor year are presented in the accompanying financial statements in order to provide an understanding of changes in the fund's financial position and operations. NOTE 2 - CASH AND INVESTMENTS' Cash balances of the TDA funds are pooled with those of other funds and invested by the City to maximize investment opportunities and yields, Investment income resulting from this pooling is allocated among the funds based upon each respective fund's average cash balance in relation to the aggregate investment balance. Further information regarding the City's cash and investment may be found in the City's Comprehensive Annual Financial Report. NOTE 3 - DEFERRED REVENUES The Local Transportation Fund (LTF) and State Transit'Assistance Fund (STAF) allocate funds to the City to fund its Transportation Development Act (TDA) operation. The TDA requires that any funds not used must be returned to their source. LTF and STAF allocations are considered earned when they are propedy spent on approved projects. Allocations received but not earned are recorded as deferred revenues. The following table summarizes the changes in the deferred revenue account for the fiscal years ended June 30,: 1999 1998 Bikeway and Pedestrian Fund: Deferred Revenue, Beginning of Year $ 54,760 $ 51,656 ' Funds Received 153,400 3,104 TDA Funds Allowed (6,643) - Funds Returned to KemCOG (45,558) - - Deferred Revenues, End of Year $ 155:959 $ 54.760 8 OTHER REPORTS PeterC. Bmr, CPA REPORT ON GOMPLIANGE AND ON INTERNAL GONTROL OVER FINANG[AL REPORTING BASED ON Bu~onH. A~n~CPA AN AUDIT OF FINANGIAL STATEMENTS PERFORMED IN [e~E.~daII, CPA/ABV AGGORDANGE WITH GOVERNMENT AUDiTiNG STANDARDS ~nja~P. Rey~,CPA AND THE RULES AND REGU~TIONS OF THE Andmwl. Paul&n, CPA T~NSPORTATION DEVELOPMENT AGT Ha~ey J. M~o~, CPA To the GJ~ ~d~a Ru~eao~-ml, CPA GJ~ of Steven R. S~uck, CPA ~akersfield, California Ail~n K~ter, CPA b~ R. ~s~, CPA We have audited the fl~a~cJal statements of the Streets a~d Roads Fund a~d the Bikeway Sta~' L Wal~e~, CPA a~d P~est~an Fund of ~e G~ of Bakersfield, Galifomia, for ~e year e~d~ do~e 30, 1999, Ch~M.~ombur~,CPA and have ~ssued our tepo~ thereo~ dated October 27, 1999. We conducted our audit a~orda~ce with generally ack,ted aud~ng s~ndards a~d ~e GOVERNMENT AUDITING Jacquel~e L ~ton, CPA STANDARDS, ~ssu~ by the Gomptroller General of the U~t~ Stat~. Our audR was jo~ M. ~der~n, CPA made to dete~i~e ~at a[Io~ons made and ~nd~ by ~e Gi~ were made ~n w~th the Tra~spo~atio~ Development Act (TDA). Those standards require ~at we plan and · ~t. ~, CPA peffo~ the audit to obta~ reasonable assura~ about whe~er the financial s~temen~ are Juha~e V. ~er, CPA free of mate~al m~sstateme~t. Eric H. ~, CPA Gom~l~a~ce As pa~ of obtaining reasonable assurance about whether the Gi~ of Bakersfield's TDA financial statements ate ~ee of mate~al misstatement, we pefform~ tests of its compliance with ~aJ~ provisions of laws, r~ula~ons, contracts aad grants, non~mpl~ance ~ wh~ could have a d~rect and mate~al effect o~ ~e determ~na~on of financial statement amounts. However, providing a~ op~n~o~ o~ compl~an~ wJ~ ~ose pmvJs~ons was not an obj~ve out audit aad, accordingly, we do no expr~s such an opinion. The r~ults.of our t~ts d~sclosed no i~sta~ces of noncompliance ~at are r~uir~ to be repo~ed under GOVERNMENT AUDITING ST~DARDS. Internal Control Over Financial Repodinq - In planning and pe~o~ing our audit, we considered the Ci~ of Bakersfield TDA's internal control over financial repo~ng in order to determine our audi~ng procures for ~e pu~ose of expressing our opinion on ~e financial statements and not to provide assurance on the internal ~n~ol over financial r~ng. Our ~nsiderafion of ~e internal ~n~ol over financial repoding would not necessarily disclose all maffers in the internal consol over financial repoding that might be material weaknesses. A material weakness is a condiaon in which the d~ign or operation of one or more of ~e internal consol ~mponents d~ not mdu~ to a relatively Iow level the dsk ~at misstatements in amounts that would be matedal in relation to the finandal statemen~ b~ng audit~ may ~ur and not be det~ ~in a timely peH~ by employees in the normal course of pedorming their assigned ~nctions. We not~ no maEers involving the internal control over financial repoding and its operation that we consider to be material weaknesses. 9 M[~ID[R of SEC Practice Section of the American Institute of Certified Public Accountants This report is intended for. the information of management, the City Council, the Kern Council of Governments, and the State Controller's Office. However, this report, which is a matter of public record and its distribution is not limited. BROWN ARMSTRONG RANDALL~" REYES PAULDEN & McCOWN ACCOUNTANCY CORPORATION Bakersfield, California October 27, 1999 10 BAKERSFIELD Economic and Community Development Department ME M 0 RAND U'M' February 4, 2000 TO: Alan Tandy, City Manager; ~ FROM: Jake Wager, Economic Development Direc SUBJECT: Information regarding recommended CDBGIHOMEIESG expenditures for Fiscal Year 2000-200'1. Attached are three separate items that will help the Budget and Finance Committee for its meeting on Monday, February 7, 2000. The first item provides a narrative matrix description of applications received by non-profit organizations for CDBG, HOME, or ESG funds. In that memorandum we have indicated the project and location, the amount of funding requested, amount recommended for funding (if any), federal eligibility and a brief description of the proposed project. In the second attached memorandum we have listed all of the various requests generated from our City departments. Those requests are listed in order of priority as determined by the originating department. The memorandum indicates the amount requested and the amount recommended for funding. The last item provides an overview of all request for all amount recommended for funding. I will be in attendance at the Budget and Finance Committee. All three attached items accurately reflect our consultations with you in establishing staff's recommendation. Joining me will be George Gonzales and David Chesney. Staff has advised all non-profits that applied for assistance of the committee meeting by fax and by regular mail. dlk:P:\MEMOTEMP.WPD B A KE R S F I E L.D Economic and Community Development Department MEMORANDUM February 4, 2000 TO: Jake Wager,' Economic Development Director FROM: George Gonzales,~munity Development Coordinator SUBJECT:' Non-Profit Applications submitted for FY 20'00101 Funding Update.' This is an-update to the memorandum dated December 16, 1999, regarding the non-profit applications submitted for FY 2000/01 funding. The deadline for the submission of Community Development applications for FY 2000/01 funding was November 24, 1999. This year fifteen (15) applications were submitted from non-profit and public entities totaling $2,510,926. The amount vastly exceeds the average amount the City of Bakersfield has annually made available to non-profits. Since 1995 the City has provided an average $305,000 per year of assistance to non-profits. The following table summarizes'the applications received by this department for FY 2000/01 CDBG, HOME, and ESG. While the entire analysis of each application is not yet complete the information provided below is an accurate representation of each proposal. · :,.,:. ~,~ , ,,, ..... ~:~.~.. ,. .,.¢ommun~Development: Block .Grant Greenfield Union Construction of a 7,800+ sq.fl. $1,501,575 Total CostAdditional School District facility to house Health Clinic, information Child Care Center and Health requested from Greenfield Sta~ Office on 5 acres. $1,126,181 City applicant for Community District owned propeay. $375,394 County eligibility. Pa~nership Project Noaheast corner of Monitor and Fai~iew. Still under consideration by Ward 1 County CDBG No funding recommended. dlk:C:~lyFiles\funding 2000 2001 mere Page 1 of 5 Valley Achievement Acquisition assistance to $700,000 Total Cost Yes Center purchase a 14,400 sq. ff. facility on a 1.45 acre lot Prima~ Living located at 7300 Ming Avenue $25,000 City Program to se~e individuals with $25,000'County autism. (Downpayment only.) CDBG $650,000 Not Ward 5 specified. Has applied to County CDBG No funding recommended. Mid State Establish a funding pool for $100,000 Additional Development eligible child care providers to analysis is Corporation help sta~-ups and expansions needed. of child care facilities in the Child Care Finance City. Operational costs are and Suppo~ included as pa~ of this Has not applied to the Program proposal and are not allowed County. under CDBG regulations. City-wide No funding recommended. Bakersfield Garden 'Rehabilitation of the YMCA $457,792 Total Cost Yes Community building at 900 22"~ Street to Enhancement expand an existing child care Project, Inc. program for at risk children $304,792 City through the fine ads. $53,000 County The Garden Child $100,000 Agency Care and Youth Ward 2 Center Rehabilitation County is not funding. Project. CDBG No funding recommended. dlk:C:\MyFiles\funding 2000 2001 mem Page 2 of 5 A ~leant.~:' :': ...... Description ~ Location~- '~ Eshrnated.:~;~, v .~,.~':~:~,~C°st .~.- Kern County Construction of a 82,000 sq. 7,325,000 Total Cost Yes Economic E. facility at the southwest OppO~unity corner of Feliz Dr. and Corporation Washington St. to relocate the Food Bank (25,000 KCEOC Se~ice Community Se~ices Center $275,000 City Center (25,000 sq.E.) KCEOC $7,050,600 Other Administrative offices (30,600 Funding sq.E.) and a child care center (2,000 sq.~.). Phase 2 - Final commitment previously Has applied to County considered FY 99/00. CDBG funds to se~ice the 40% I Ward 1 County residents. · Recommend funding. FY 2000/2001 - $275,000 Housing Authority of Install HVAC to replace $30,000 Total Cost Yes the County of Kern obsolete system at the 1,660 sq.~. recreation center located at 1102 South Robinson St. Oro Vista Recreation The facility will sewe the 780 $30,000 City Center HVAC public housing residents with installation project, education and drug prevention activities. Has not aPplied to the County. Ward 1 Recommend funding. FY 2000/2001 - $30,000 Greater Bakersfield Funding the operation cost of $108,536 Total Cost Yes, for Legal Assistance, a housing counseling owners or Inc. educational program to cities only. promote awareness of Homeownership homeownership oppo~unities Preparation for Iow-income home $83,350 City mentoring project, purchases. Proposal will hire $25,186 Agency four employees. City-wide No funding recommended. dlk:C:~VlyFiles~funding 2000 2001 mem Page 3 of 5 :,:.i:i.::;:::ii'.; ".C tY i;.:!!? Hamilton Larkin, Inc. Financial assistance to $11,401,290 Total Yes construct a 3-story, 160 senior Cost East Hills Senior units on a 5.2 acre parcel Living located at 3452 Bernard St. $780,000 City · $2,669,000 Loan Ward 3 $7,316,936 Tax Credit $635,354 Owner Additional information requested. Kern County The continuation of KCEOC's $195,540 Total Cost Yes Economic First Time Homebuyer / Opportunity rehabilitation program. Corporation (CHDO) $120,000 for Iow-income families. In addition, the Homebuyer and funding of a new homebuyer / Maintenance maintain training program $150,000 City Training Program ($30,000). $45,540 Agency and First Time Homebuyers City-wide Program Additional information requested. Housing.Authority of Downpayment and closing $294,000 City Yes the County of Kern cost assistance for 84 First Time Homebuyers living at the First Time Oro Vista Housing Project to *Based on 12/15/99 Homebuyers acquire their units. Lakeview meeting with the Assistance Program Ave./Robinson St. Housing Authority, application may be Ward 1 withdrawn. Application withdrawn. ..... ~, ,~,..i ~' ' -. ~,: :,:~.~,~; ... :::~-::,; ~;...~!:~ ~ :,;::::::.~:~:::~::~,,~;~::,,~.:..:. Kern County To continue to fund shelter $35,000 Yes Department of voucher services to mentally Mental Health disabled homeless persons. Services City-wide Kern Linkage Program Shelter Voucher Services 3300 Truxtun Avenue, Suite 290 Recommend funding $20,432*. dlk:C:\MyFiles\funding 2000 2001 mem Page 4 of 5 Alliance Against To continue to provide suppo~ $25,000 Yes Family Violence and for battered women's shelter Sexual Assault 1921 and other suppo~ se~ices 19~ Street activities. City-wide Recommend funding $15,996'. Kern County Mental To continue to operate the $18,745 Yes Health Association representative payee program for mentally ill/homeless Homerun Program clients. In addition to 345 Chester Avenue rehabilitate the KCMHA facility at 345 Chester Ave. City-wide Recommend funding $11,676*. Bethany Se~ices To continue to operate and $75,000 Yes Bakersfield maintain the BHC to provide homeless se~ices and Homeless Center housing. 1600 East Tru~un Avenue Ward 2 ReCommend funding $37,946*. Bakersfield Rescue To fund emergency shelter $133,650 Yes Mission and se~ices operation for homeless individuals. Homeless Inte~ention Se~ices This is the Rescue Mission's Center 830 Beale first year to submit for ESG Ave. funding. The proposed funding would allow staff to monitor and review their capacity to comply with ESG regulations and guidelines. Ward 2 Recommend funding $8,000*. *ESG applications submitted were reduced on a prorated basis to equal the City's FY 2000/2001 entitlement. dlk:C:~MyFiles\funding 2000 2001 mern Page 5 of 5 -- Economic and Community Development Department ME M O RAND UM February 2, 2000 TO: -~ Jal~e Wager; Economic Development Director FROM: George Gonzales,~. unity Development Coordinator '"' ...... SUBJECT: Intr~-(~ty Pr(~_osal~ Received for FY 2000i01 CDBG Assistance The deadline for submission of proposals for-FY 2000/01 was November 24, 1999. We received 24 proposals totaling about $3.9 million. Staff met with other City Departments to determine their priorities for the various projects that were submitted. Below are project descriptions, cost estimates, and recommendations for next fiscal year. Projects are listed in order of priority as determined by submitting department. PUBLIC FACILITIES AND IMPROVEMENTS Lake Street Improvements (Phase 9) Public Works Recommend Reconstruction of Lake Street from Haley Street to Williams Funding - $50,000 Street to facilitate traffic flow and drainage of the area. Because prior years funds were available, the recommended funding amount will complete the entire project. Estimated Cost - $118,000 (Ward 2) Casa Loma #6 Street Improvement ) Public Works Recommend Pro/ect (Phase 4 Funding - $275,000 Completion of curb and gutter within the Casa Loma #6 area. Estimated funds expended in FY 99/00 - $275,000. Estimated Cost - $378,000 (Ward 1) Lincoln School Area Street Pro/ect (Phase .1)) Public Works Recommend Street lights in an area bordered by East Truxtun Avenue on Funding - $77,032 the.north, Gage Street on the east, California Avenue on the south, and Inyo Street on the west. Estimated Cost - $ 77,032 (Ward 2) DIk:S:\DEBBIE'S\CIPprop00-01 .wpd 1 PUBLIC FACILITIES AND IMPROVEMENTS East Bakersfield Drainage Study) Public Works Recommend To conduct a drainage studyin an area bounded by Hwy. 178 Funding - $0' on the north, City limits on the east,~-Brundage Lane on the .south and Union Avenue on the west. Proposal is a planning/admin .cost and is not a CIP project coSt. Estimated Cost - $168,000 .(Ward 2) -Bemard Street Li.qfiting Ul~.q_rade} Public Works Recommend South side of Bernard Street from:Stockton.Street to Alta Vista Funding - $0 Drive. Estimated Cost - $ 8,000 (Ward 2) California Ave. Streetscape Project EDCD Recommend Streetscape improvements in the public right-of-way of Funding - $150,000 · California Avenue from Chester Avenue to .Union Avenue. Estimated Cost - $1.50,000 (Ward 1 & 2) Street Median Landscaping within EDCD Recommend Redevelopment Areas Funding - $150,000 Street median landscaping within Redevelopment Project Areas. Estimated Cost - $150,000 (Wards 1 & 2) Downtown Streetscape Expansion Project EDCD Recommend Streetscape improvements within the public right-of-way of 17th, Funding - $100,000 18th, 19% 20th and 21St:streets between Eye to K streets. Project to be phased and additional grants to be pursued for funding. Estimated Cost - $200,000 (Ward 2) Baker Street Lighting Improvements (Phase 1) -- 'EDCD Recommend The installation of pedestrian oriented street lights on Baker Funding - $20,000 Street from Jackson to Kentucky streets. Estimated Cost - $20,000. (Ward 2) Pacheco #10 Area Sewers EDCD Recommend Installation of sewer lines and laterals in the area bounded by Funding - $33,000 Centaur Street, Faith Avenue, Elysium Street, and Pacheco (design only) Road. Design phase complete by November 2000. Estimated Cost - $526,000 (design cost - $33,000) (Ward 7) Gwendolyn Street Area Sewer Project EDCD Recommend To install a sewer line to serve the Gwendolyn Street area. It's Funding - $14,000 an area bordered by Clara Court, Hughes Lane, Fairview Road,(design only) and Gwendolyn Street. Design phase complete by November 2000. Estimated Cost - $ 215,000 (design cost - $14,000) (Ward 7) DIk:S:\DEBBI'E'S\CIPprop00-01 .wpd 2 PUBLIC FACILITIES AND iMPROVEMENTS '~..~th Street Culd-de-Sac Project EDC'DRecommend Placement of a cul-de-sac on 11th Street at the west side of its Funding - $0 intersection with Lakeview Avenue. Initial request was from the Housing Authority of the County of Kern. .. Estimated Cost - $57,000 (Ward 1) Jefferson Area Water'improvement Project Fire Recommend To bring the Jefferson area up to City fire protection standards. Funding - $0 The project area is bounded by Bernard Street on the north, Kern Street on the east, Hwy. 178 on the south, and Union (does not qualify Avenue on the west. for assistance) Estimated Cost - $890,800 (Ward 2) California Ave. Area Sidewalk Public Works Recommend ReConstruction Project Funding - $81,000 Reconstruct existing deteriorated sidewalk within an area bordered by California Avenue on the north, Union Avenue on the East, Brundage Lane on the south, and Chester Avenue on the west. Estimated Cost- $81,000 -(Ward 1) MLK Community Center Exterior Restoration Parks Recommend Exterior painting of the 22,000 sq. ft. MLK Community Center, Funding - $36,500 1000 Owen Street. Estimated Cost - $36,500 (Ward 1) Saunders Park Playground ADA Modifications Parks Recommend Removal of existing playground equipment and rePlacement Funding - $0 with permanent accessible playground apparatus and rubberized surfacing. Estimated Cost - $99,128 (Ward 4) Lowell Park Playground ADA Modifications Parks Recommend Removal of existing playground equipment and replacement Funding - $0 with permanent accessible playground apparatus and rubberized surfacing. Estimated Cost - $126,730 (Ward 1) DIk:S:\DEBBIE'S\CIPprop00-01 .wpd ~ PUBLIC FACILITIESAND IMPROVEMENTS Planz Park Playground ADA Modifications ParkS Recommend Removal of existing playground equipmentand replacement Funding - $0 with permanent accessible playground apparatus and rubberized surfacing. Estimated Cost - $ 88,325 (Ward 7) Wayside Park-Playgrou/3d ADA Modifications : ~- Parks Recommend Removal of existing playground equipment and replacement Funding - $0 with permanent accessible playground apparatus and rubberized surfacing. Estimated Cost- $142,220 (Ward 1) Jefferson Park Court Resurfacing Parks Recommend Surface restoration of tennis and basketball courts at Jefferson Funding - $0 Park. Estimated Cost - $31,430 (Ward 2) Lowell Park Recreational Improvements Parks Recommend Replacement of eight dilapidated portable picnic tables with Funding - $0 permanent tables and BBQ pits on concrete slabs. Estimated Cost - $ 9,620 (Ward 1) MLK Park Recreational Improvements Parks Recommend Replacement of 12 dilapidated portable picnic tables with Funding -$0 permanent tables and BBQ pits on concrete slabs. Estimated Cost- $14,430 · (Ward 1) Graffiti Removal General Services Recommend Removal of graffiti within various Iow-income areas within the Funding - $162,000 City including education and outreach. Estimated Cost - $221,550 FY 99/00 funding was $162,000. (Various Wards) Clearance and Demolition Building Recommend Removal of vacant substandard buildings and improvements in Funding - $53,000 targeted areas and neighborhoods. Estimated Cost - $90,000 FY 99/00 funding was $53,000 (Various Wards) Please let me know if you have any questions. DIk:S:\DEBBI E'S\CIPprop00-01 .wpd 4 Community Development Block Grant Fund Proposed Uses for FY 2000/01 I oo/ol I oo/o'! DeScription · Requested Recommended FY 2000/01 Resources Entitlement Allocation 2,787,000 2,787,000 Program Income 100,000 100,000 ~ Program Savings 0 145,000 ESG Allocation 99,000 99,000 Total Resources 2,986,000 3,131,000 Administration Planning & Administration 390,000 390,000 Indirect Charges 115,000 115,000 · Sub-Total 505,000 505,000 Public Services Enterprise Zone 15,000 15,000 : Graffiti 221,550 162,000 Looking Good Neighborhood 10,000 10,000 Fair Housing !03,500 80 000 Sub-Total .: 350,050 267,000 HOusing 'Clearance 90,000 53,000 Acquisition 350,000.... 343,000 Lead Based Paint Abatement 0: 0 i Home Access 58,000 58,000 , Program Costs 45,000 45,000 Sub-Total 543,000 499,000 Economic Development Business Loans 152,000 152,000 Other 0:'," 0 Sub-Total 152,000 ' 1'521000 Non-Profit Assistance Greenfield Union School District 1,126,181 Valley Achievement Center 25,000 Child Care Financing (Mid State Development) 100,000 '* The Garden Childcare & Youth Center 357,793 KCEOC 275,000 275,000 HACK 30,000 30,000 Sub-Total 1,913,974 305,000 ESG Allocation Alliance Against Family Violence 25,000 15,996 County Mental Health System of Care 35,000 20,432 Bethany Services 75,000 37,946 Kern Mental Health Association 18,745 11,676 Bakersfield Rescue Mission 133,650 8,000 ESG Administration (5%) 4,950 4,950 Sub-Total .292,345 99,000 CD Direct Delivery (ClP's) 25,000 25,000 Total Operating Expenditures 3,78'1,369 i,852,002 CIP'slDebt Service . , Section 108 Loan Payment 340,375 340,375 Lake Street Improvements 118,000 50,000 Casa Loma #6 Street Improvements 378,000 275,000 Street Light Upgrade - Lincoln School 77,320 77,320 East Bakersfield Drainage Design 168,000 0 Bernard Street Lighting Upgrade 8,000 0 Sidewalk Reconstruction - Ward 1 81,000 81,000 CA Ave Streetscape Project 150 000..'. 100,000 Downtown Streetscape Expansion 200 000 ' 100,000 Baker St, Lighting Improvements 20 000. . 20,000 i.~ I ~ . Median Landscaping in CDBG eligible areas 150 000 150,000 Pacheco #10 Area Sewers 526 000 33,000 Gwendolyn Street Sewer Upgrade 215 000 14,000 Jefferson Area Water Main Replacement 890 800 0 11th St; & Lakeview Ave Cul-de-Sac 57 000 0 MLK - Commnty Cnter Exterior Restoration 36 500 36,500 Saunders Park ADA Playgrnd Modifications 99 128: 0 ': Lowell Park ADA Playground Modifications 126.730. ' 0 Planz Park ADA Playground Modifications 88,325.. 0 ' ' Wayside Park ADA Playground Modifications 142,220 0 Jefferson Park - Resurface Courts 31,430 0 Lowell Park - Replace Picnic Tables 9,620 0 ~=.i. MLK - Replace Picnic Tables 14,430 '. 0 Sub-Total ClP Expenditures "~. 3,927,878 1,277,195 Total Expenditures 7,709,247 3,129,'197 Amount Under / (Over) Resources (4,723,247) :: 1,803