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003 of 2024 - Budget Amendment No. 1 FY 24 - LibrarySALT LAKE CITY ORDINANCE No. 3 of 2024 (Amending the Final Budget for the Library Budget of Salt Lake City, Utah for Fiscal Year 2023-24) An ordinance amending Salt Lake City Ordinance No. 28 of 2023, which adopted the final budget for the Library fund of Salt Lake City, Utah, for the fiscal year beginning July 1, 2023 and ending June 30, 2024. PREAMBLE On June 23, 2023, the Salt Lake City Council adopted the final budget for the Library fund of Salt Lake City, Utah for the fiscal year beginning July 1, 2023 and ending June 30, 2024, in accordance with the requirements of Section 10-6-118 of the Utah Code. The City's Budget Director, acting as the City's Budget Officer, prepared and filed with the City Recorder proposed amendments to said duly adopted budget, copies of which are attached hereto, for consideration by the City Council and inspection by the public. All conditions precedent to amend said budget have been accomplished. Be it ordained by the City Council of Salt Lake City, Utah: SECTION 1. Purpose. The purpose of this Ordinance is to amend the final budget for the Library fund of Salt Lake City as approved, ratified and finalized by Salt Lake City Ordinance No. 28 of 2023. SECTION 2. Adoption of Amendments. The budget amendments attached hereto and made a part of this Ordinance shall be, and the same hereby are adopted and incorporated into the budget for the Library fund of Salt Lake City, Utah for the fiscal year beginning July 1, 2023 and ending June 30, 2024, in accordance with the requirements of Section 10-6-128, of the Utah Code. SECTION 3. Certification to Utah State Auditor. The City's Policy and Budget Director, acting as the City's Budget Officer, is authorized and directed to certify and file a copy of said budget amendments with the Utah State Auditor. SECTION 4. Filing of copies of the Budget Amendments. The said Budget Officer is authorized and directed to certify and file a copy of said budget amendments in the office of said Budget Officer and in the office of the City Recorder which amendments shall be available for public inspection. SECTION 5. Effective Date. This Ordinance shall take effect on its first publication. Passed by the City Council of Salt Lake City, Utah, this 6th day of February , 2024 Victoria Petro (reb 28, 202412:11 MST) CHAIRPERSON ATTEST: C9- &--- CITY RECORDER Transmitted to the Mayor on Feb 28, 2024 Mayor's Action: V Approved Vetoed ATTEST: Cd-W-- CITY RECORDER (SEAL) Bill No. 3 of 2024. Published: March 19, 2024 Erin Mendenhall ( ar 1, 2024 14:13 MST) MAYOR Salt Lake City Attorney's Office Approved pyfi�� pA,s, T�o��F�m or "�' Y` Jaysen Oldroyd 4 Ordinance - 02 of 2024 BAM 1 Library Final Audit Report 2024-03-18 Created: 2024-02-08 By: DeeDee Robinson (deedee.robinson@slcgov.com) Status: Signed Transaction ID: CBJCHBCAABAAo04sR-Ufcs7nBKgS6gUAeq-LFBNvcYUg "Ordinance - 02 of 2024 BAM 1 Library" History Document created by DeeDee Robinson (deedee.robinson@slcgov.com) 2024-02-08 - 11:51:40 PM GMT Document emailed to Jaysen Oldroyd Qaysen.oldroyd@slcgov.com) for signature 2024-02-08 - 11:54:39 PM GMT Email viewed by Jaysen Oldroyd Qaysen.oldroyd@slcgov.com) 2024-02-09 - 0:05:35 AM GMT Document e-signed by Jaysen Oldroyd Oaysen.oldroyd@slcgov.com) Signature Date: 2024-02-09 - 0:05:53 AM GMT - Time Source: server Document emailed to victoria.petro@slcgov.com for signature 2024-02-09 - 0:05:54 AM GMT Email viewed byvictoria.petro@slcgov.com 2024-02-12 - 5:26:45 PM GMT Email viewed by victoria.petro@slcgov.com 2024-02-21 - 7:29:27 AM GMT Email viewed by victoria.petro@slcgov.com 2024-02-28 - 5:16:49 AM GMT Signer victoria.petro@slcgov.com entered name at signing as Victoria Petro 2024-02-28 - 7:11:30 PM GMT Document e-signed by Victoria Petro (victoria.petro@slcgov.com) Signature Date: 2024-02-28 - 7:11:32 PM GMT - Time Source: server Document emailed to Erin Mendenhall (erin.mendenhall@slcgov.com) for signature 2024-02-28 - 7:11:34 PM GMT Dowered by Adobe I( Y' Acrobat Sign k i Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com) 2024-02-29 - 4:24:58 AM GMT Document e-signed by Erin Mendenhall (erin.mendenhall@slcgov.com) Signature Date: 2024-03-01 - 9:13:21 PM GMT - Time Source: server Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature 2024-03-01 - 9:13:23 PM GMT ,E Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com) Signature Date: 2024-03-18 - 6:18:39 PM GMT - Time Source: server Agreement completed. 2024-03-18 - 6:18:39 PM GMT Dowered by Adobe I( Y' Acrobat Sign MEMO I November 20, 2023 To: Salt Lake City Library Board of Directors From: Deborah Ehrman, Interim Executive Director Re: Budget Amendment 1 for FY2023-24 When the Salt Lake City Council (the Council) adopted the Library's FY24 budget, the Library was informed that the new growth used in projecting property taxes revenues would generate about $200,000 more than the estimate used in preparing the budget. In addition, the amount allowed for the judgment levy was $193,000 higher than was budgeted. The Council adopted the higher amounts, which allowed the $393,000 difference to go to the Library's fund balance. The Board may recall that the FY24 budget included a three percent total increase for longevity and COLA. In addition, the percent increase used to budget the employee health insurance was about half of the actual percent increase once quotes were received. Given the additional property tax revenue anticipated in FY24, Administration is proposing amendments to the FY24 budget for the following items: An additional one percent increase to the COLA amount for all Library employees and an adjustment in the employee health insurance rate to reflect the actual increase. The cost of these two adjustments would be $166,240. 2. An increase of one FTE for the Safety team. The Library is experiencing a significant increase in the number of safety related incidents across the system, and branches have expressed a need for additional support from the Safety team. The cost of one additional safety associate would be $63,430. General Fund — Proposed increase of $229,670 Account Name Current Budget Amount Requested Amt: COLA & Insurance Requested Amt: Safety Position Amended Budget Funding Source Fund Balance -Appropriated 4,023,640 166,240 63,430 4,253,310 Total Revenue $4,023,640 $166,240 $63,430 $4,253,310 Expenditures Salaries & Wages -Regular 12,858,000 112,800 42,900 13,013,700 Social Security -Regular 984,900 8,500 3,200 996,600 Employee Insurance 2,316,500 28,600 9,800 2,354,900 State Retirement 1,777,300 16,000 6,900 1,800,200 Workers Compensation 38,600 340 630 39,570 Total Expenditures $17,975,300 $166,240 $63,430 $18,204,970 Recommended Motion: Move to approve an increase in the Library's FY24 General Fund budget of $229,670. I�1 a�xw Salt Lake City Council Senior Analyst CFO CIW - City Recorder Library BAM #1 Attachment Final Audit Report 2024-03-18 Created: 2024-03-14 By: DeeDee Robinson (deedee.robinson@slcgov.com) Status: Signed Transaction ID: CBJCHBCAABAAQyeQ2OrfuivgOYXg9zlYAIV4dHHcvvSW "Library BAM #1 Attachment" History Document created by DeeDee Robinson (deedee.robinson@slcgov.com) 2024-03-14 - 9:06:50 PM GMT Document emailed to Benjamin Luedtke (benjamin.luedtke@slcgov.com) for signature 2024-03-14 - 9:10:52 PM GMT Email viewed by Benjamin Luedtke (benjamin.luedtke@slcgov.com) 2024-03-14 - 9:18:27 PM GMT Document e-signed by Benjamin Luedtke (benjamin.luedtke@slcgov.com) Signature Date: 2024-03-14 - 9:19:08 PM GMT - Time Source: server Document emailed to Mary Beth Thompson (marybeth.thompson@slcgov.com) for signature 2024-03-14 - 9:19:09 PM GMT Email viewed by Mary Beth Thompson (marybeth.thompson@slcgov.com) 2024-03-15 - 9:14:59 AM GMT Document e-signed by Mary Beth Thompson (marybeth.thompson@slcgov.com) Signature Date: 2024-03-15 - 2:20:43 PM GMT - Time Source: server Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature 2024-03-15 - 2:20:45 PM GMT Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com) Signature Date: 2024-03-18 - 6:18:14 PM GMT - Time Source: server O Agreement completed. 2024-03-18 - 6:18:14 PM GMT Dowered by Adobe I( Y' Acrobat Sign