Loading...
HomeMy WebLinkAbout12 - Fiscal Year 2022-23 Third Quarter Financial ReportQ �EwPpRT CITY OF s NEWPORT BEACH `q44:09 City Council Staff Report May 23, 2023 Agenda Item No. 12 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Jason AI -Imam, Finance Director/Treasurer — 949-644-3126, jalimam@newportbeachca.gov PREPARED BY: Shelby Burguan, Budget Manager, sburguan@newportbeachca.gov PHONE: 949-644-3085 TITLE: Fiscal Year 2022-23 Third Quarter Financial Report The Finance Department prepares quarterly financial reports to review the status of revenues and expenditures for the City of Newport Beach's (City) General Fund and to monitor budgetary trends in other City funds. This report contains information on revenues, expenditures and estimated fund balance for the third quarter of Fiscal Year 2022-23, which was reviewed on May 11, 2023 with the Finance Committee. The third quarter financial report for Fiscal Year 2022-23 provides an analysis of the financial activity of the City from the months of July 2022 through March 2023, and projected amounts for the remainder of the fiscal year. Based on information available at the end of the third quarter, a $15.8 million operating surplus for the General Fund is projected for Fiscal Year 2022-23, which is net of non -operating activity that includes one-time transfers out of the General Fund to the Facilities Financing Plan (FFP) Fund and General Fund Capital Improvement Program (CIP). Approximately $8 million of the budget surplus is expected to be utilized to set -aside funds for the Contingency Reserve (pursuant to City Council Policy F-2), and to replenish the FFP and General Fund CIP Fund for amounts attributable to the Dove Street property purchase. RECOMMENDATIONS: a) Determine this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines because this action will not result in a physical change to the environment, directly or indirectly; b) Approve Budget Amendment No. 23-067, adjusting revenue estimates and expenditure appropriations for the Fiscal Year 2022-23 budget as further outlined in this report; and c) Receive and file the attached report of budget amendments for the third quarter. 12-1 Third Quarter Budget Update May 23, 2023 Page 2 DISCUSSION: Economic Overview The city's assessed property values continue to increase providing a strong revenue base for the City. Recent trends in inflation and the inverted Treasury yield curves have caused concern in the broader economy and financial markets, however, the City is well -positioned to weather any short-term increase in inflation thanks to the related increase in many of the City's revenues such as sales tax and transient occupancy tax as prices increase. Additionally, the City is well -positioned to withstand the impacts of a potential recession and is expected to maintain long-term fiscal sustainability. General Fund Revenues Overall General Fund revenue growth has outpaced projections that were incorporated into the adopted Fiscal Year 2022-23 budget. The following table summarizes the changes to projected General Fund revenues versus the amounts previously projected for the second quarter. Details follow highlighting the reasons for the material variances. Fiscal Year 2022-23 Projected General Fund Revenues* Property Taxes 131,403,081 133,467,331 133,467,331 - 0% Sales Tax 46,526,493 49,004,223 48,401,417 (602,806) -1% Transient Occupancy Tax 27,788,728 28,908,841 30,292,123 1,383,282 5% Other Taxes 12,174,567 12,174,567 12,174,567 - 0% Service Fees & Charges 23,228,086 23,228,086 23,228,086 - 0% Parking Revenue 6,417,259 6,976,357 6,976,357 - 0% Licenses and Permits 5,870,375 5,870,375 5,870,375 - 0% Property Income 6,093,309 6,828,626 6,828,626 - 0% Fines & Penalties 3,870,567 3,870,567 3,870,567 - 0% Intergovernmental 3,100,151 2,959,723 3,100,151 140,428 5% Investment Earnings 1,300,000 1,300,000 1,300,000 - 0% Misc Revenues 917,669 893,691 2,941,824 2,048,133 229% Operating Transfers In 17,300,724 17,300,724 17,348,716 47,992 0% Total Revenues 285,991,010 292,783,112 295,800,140 3,017,028 1% * Based on preliminary month -end close data available as of March 31, 2023. Property Tax - Property taxes are the City's single largest General Fund revenue and represent approximately 50% of all General Fund revenues. As these revenues are primarily dependent on the assessed valuation established in January of 2022, there is typically very little variance seen from the original budget as the year progresses. Projections for Fiscal Year 2022-23 property tax revenues from the City's property tax consultant reflect a 7.6% increase in assessed values in the year ahead. 12-2 Third Quarter Budget Update May 23, 2023 Page 3 This strong growth is a result of the CPI factor returning to the maximum 2.0% allowed and adding $1.2 billion to the assessed valuation, as well as continued strong property sales activity and price appreciation adding $5.0 billion to the assessed valuation. The City's total assessed valuation for Fiscal Year 2022-23 is now projected to grow from $66.2 billion to $71.2 billion. There is no update to the projection for Property Tax than what was reported in the prior quarter. Sales Tax - The second largest funding source for the General Fund is sales tax revenue, making up more than 15% of General Fund revenues. The City's sales tax base is largely generated from four industry categories — autos and transportation, general consumer goods, restaurants/hotels, and State & County Pools. The second quarter budget update reflected a $2.5 million increase in the amount projected over the adopted budget. The third quarter budget update reflects a $0.6 million decrease in sales tax revenue compared to the amount that what previously projected during the second quarter budget. The decrease in the sales tax forecast for Fiscal Year 2022-23 is in light of sales tax data received from the State of California (State) in March 2023 for the quarter ending December 31, 2022, which was 2% higher than the same quarter a year ago on an adjusted basis. In comparison, sales tax revenue for the July 2022 through September 2022 period was 10% higher than the same quarter a year ago. Sales tax revenue for the period ending December 2022 was considerably lower than expected, which appears to be a sign that the economy is slowing more quickly than anticipated. Notable categories that are experiencing a slowdown in growth are autos and transportation as well as retail and county pools. Retail stores are reporting lower sales, as consumers redirect their spending toward travel, leisure and entertainment. Allocations from the countywide -use tax pool also declined as online retailers shifted the fulfillment of some of their internet orders from out-of-state to in -state fulfillment centers or to brick -and -mortar retail locations. Transient Occupancy Tax (TOT) —TOT was budgeted at $28 million for the current fiscal year, which was based on a projected growth rate of 9%. However, TOT revenue for Fiscal Year 2021-22 ended at $27 million, which was $1 million higher than previously projected and surpassed the pre -pandemic level. Therefore, the projection for the current year is boosted by the prior year coming in $1 million higher. Furthermore, the second quarter budget update reflected a $1.1 million increase that raised the current year projection to $28.9 million, which was based on record high TOT receipts through December 2022. While occupancy levels have not returned to pre -pandemic levels, the increase in higher room rates has more than offset the lag in occupancy. The third quarter budget update shows an expected increase of $1.4 million over the second quarter forecast, or $2.5 million over the revised budget, due largely to strong short-term lodging businesses, which increases the current year projection to $30.3 million. The Fashion Island Hotel remains closed, but is expected to reopen in the summer of 2023 following a sale and renovation as the Pendry Newport Beach. Since the timing of the Pendry's opening is uncertain, revenue from the Pendry is not included in the projection for the current year. These reopening's, combined with the expected return of more business travelers, are anticipated to have additional positive impact on the City's TOT revenues in the years ahead. 12-3 Third Quarter Budget Update May 23, 2023 Page 4 All Other Revenue — This category includes all other revenue sources other than the top three (property tax, sales tax and TOT). All Other Revenue is made up of the following: • Other Taxes — real property transfer taxes, business license taxes, marine charter taxes, and franchise fees. • Service Fees and Charges — plan check fees, recreation classes, emergency medical services fees, and numerous other cost -of -service fees. • Parking Revenue — all General Fund related metered parking fees that are assessed throughout the various parking zones of the City. • Licenses and Permits — fees charged to process building -related permits, street closure permits, dog licenses, and police tow franchise fees. • Property Income — City -owned and managed income -producing properties, long-term ground leases to concessions, restaurants, hotels and other businesses and organizations, and rental of City facilities to the public. • Fines and Penalties — parking citation fines collected by the City, administrative citation fines, fines remitted to the City from the County of Orange (County) for vehicle code violations, and false alarm penalties. • Intergovernmental Revenues — federal, state, and local grant revenues, which includes, but is not limited to, the City's portion of the '/2 cent sales tax revenue paid to the County for public safety, state mandate reimbursements, reimbursement for strike teams sent to assist with fires, and revenue sharing with the County under the Waste Disposal Agreement. • Investment Earnings — revenue generated from the investment of City funds. • Miscellaneous Revenues — restricted revenue, damage to City property, bad debt, donations and contributions, non -operating revenues such as proceeds from the sale of materials and equipment, and other miscellaneous revenues. • Operating Transfers In — Operating Transfers In reflect regular ongoing transfers into the General Fund from other funds. For Fiscal Year 2022-23, this includes the transfer from the Tidelands Fund for the expenses related to the Cost Allocation Plan. The Intergovernmental category has a variance compared to the second quarter update due to budget amendments that Council approved in the third quarter for various grants and donations. The City received a settlement payment in the amount of $2,024,155 from a class action lawsuit between the City of Long Beach and Monsanto regarding polychlorinated biphenyls (PCBs) contamination. Because there are no restrictions to the use of these funds, the settlement payment is reflected in the Miscellaneous Revenue category. Transfers in has been increased by $48,000 to account for a transfer from the Special Revenue fund where Public, Educational and Governmental Access Support (PEG) Fees are collected to be appropriated for an equipment purchase. 12-4 Third Quarter Budget Update May 23, 2023 Page 5 General Fund Expenditures The Fiscal Year 2022-23 General Fund revised expenditure budget totals $288 million, including transfers. Spending trends in Fiscal Year 2022-23 are generally consistent with prior years and therefore budget savings are anticipated. Total expenditure savings of $5.7 million are projected at this time due to savings from vacancies and other operating categories, offset by expense overages that are addressed in a Budget Amendment that will accompany this report to the City Council and are explained in this report. The table below summarizes the revised expenditure budget for Fiscal Year 2022-23, as well as projected expenditure savings by budget category. Details follow highlighting the reasons for the material variances. Fiscal Year 2022-23 Pro res * Salary & Benefits $170,032,465 $164,790,055 $164,298,495 $5,733,971 3.4% Contract Services 30,013,806 30,006,006 29,581,872 431,935 1.4% Grant Operating 1,083,878 878,633 1,083,878 - 0.0% Utilities 3,837,745 4,104,969 4,004,358 (166,613) -4.3% Supplies & Materials 4,768,954 4,697,570 4,247,705 521,249 10.9% Maintenance & Repair 14,442,504 14,445,304 14,369,029 73,475 0.5% Travel &Training 843,049 843,049 726,267 116,782 13.9% General Expenses 2,275,465 2,280,465 2,275,465 - 0.0% Internal Svc Charge 28,190,206 28,190,206 28,190,206 - 0.0% Risk Management 255,915 255,915 255,915 - 0.0% Capital Expenditures 1,557,547 1,497,547 1,605,539 (47,992) -3.1% Operating Transfers Out 30,687,817 30,687,817 31,687,817 (1,000,000) -3.3% Total Expenditures $287,989,351 $282,677,537 $282,326,545 $5,662,806 2.0% * Based on preliminary month -end close data available as of March 31, 2023. Significant expenditure budget variances are as follows: • The revised salary and benefits budget totals $170.0 million, an increase of $6.5 million over the adopted budget. The increase is primarily due to the appropriation of $5.0 million from the Fiscal Year 2022-23 structural budget surplus as an additional discretionary payment to CalPERS to further reduce the City's unfunded pension liability. The remaining $1.5 million relates to recently approved contracts with the majority of the City's employee associations. The City does not budget for unknown labor costs, which requires mid -year appropriations for negotiated salary and benefit increases in the year in which new labor contracts are negotiated. An analysis of year-to-date savings from vacant positions has resulted in a projected salary and benefit savings of $5.7 million dollars, or an additional $500,000 than what was projected in the second quarter update. 12-5 Third Quarter Budget Update May 23, 2023 Page 6 • The revised budget for contract services totals $30 million, an increase of $3.1 million over the adopted budget, largely due to carryovers from the prior year. An analysis of year-to-date spending and encumbrances shows a projected savings of $432,000 in this category. • The utilities budget was increased in Fiscal Year 2022-23 by $830,000 over the Fiscal Year 2021-22 adopted budget, however, additional overages are now apparent. Staff is evaluating this issue and will be making adjustments in the Fiscal Year 2023-24 budget to address it. As budget savings in other expenditure categories are anticipated to fully offset the projected $166,600 overage, staff is not recommending a further adjustment to the utilities budget at this time. • Savings are anticipated in various other operational categories such as supplies & materials, maintenance & repair, and travel and training. An analysis was done for each department and total savings for these categories is projected to total $711,000. Additionally, $20,000 in training budgets is proposed to be transferred to the Special Revenue Fund where the revenues associated with accessibility inspection training and compliance are collected. • An additional transfer out of $1 million is proposed in order to fund project 23P13 - Civic Center Park Improvements, Transportation Center Pickleball. This project includes the planning, permitting, design and construction of temporary pickleball courts on a portion of the Orange County Transportation Authority's transportation center. Improvements include sidewalk modifications along Avocado Avenue. Planning and design will be completed by a consultant and construction will be performed by a private contractor. A budget amendment attached to this report reflects this request. • A budget amendment is proposed to appropriate approximately $48,000 in PEG Fee funds to purchase essential equipment for Newport Beach Television (NBTV) in order to prevent service interruptions caused by failing equipment. General Fund Sources, Uses, and Projected Surplus The City continues to be in excellent financial health. Conservative budgeting and sound financial policies have resulted in a trend of General Fund operating surpluses and strong reserve levels for several years. The City is well positioned to continue delivering a high level of service to the community while targeting surplus resources to key priorities each year. Staff currently projects that unrestricted General Fund resources will total $15.8 million at the end of Fiscal Year 2022-23. The table below illustrates the prior year sources and uses of funds, current year activity and the projected year-end results. 12-6 BEGINNING UNRESTRICTED FUND BALANCE OPERATING RESOURCES: Operating Revenues Prior Year Resources Carried Forward Transfers In from Other Funds Repayment of Advances TOTAL OPERATING RESOURCES Third Quarter Budget Update May 23, 2023 Page 7 $ 24,093,441 $ 24,093,441 $ 0.0% 265,030,502 278,451,424 13,420,922 5.1% - 4,429,573 4,429,573 --- 17,300,724 17,348,716 47,992 0.3% 1,250,000 1,250,000 - 0.0% 283,581,226 301,479,713 17,898,487 6.3% OPERATING USES: Operating Expenditures 244,520,405 250,638,728 6,118,323 2.5% Transfers Out 30,687,817 31,687,817 1,000,000 3.3% TOTAL OPERATING USES 275,208,222 282,326,545 7,118,323 2.6% NET OPERATING SURPLUS $ 8,373,004 $ 19,153,168 $ 10,780,164 128.7% NON -OPERATING RESOURCES & USES Non -Operating Transfers Out (909,452) (27,457,903) (26,548,451) 2919.2% NON -OPERATING RESOURCES & USES $ (909,452) $ (27,457,903) $ (26,5489451) 2919.2% ENDING UNRESTRICTED FUND BALANCE $ 31,556,994 $ 15,788,707 $ (15,768,287) -50.0% As reflected in the table above, a $15.8 million operating surplus for the General Fund is projected for Fiscal Year 2022-23, which is net of non -operating activity that includes one-time transfers out of the General Fund to the FFP and General Fund CIP. Approximately $8 million of the budget surplus is expected to be utilized to set -aside funds for the Contingency Reserve (pursuant to City Council Policy F-2), and to replenish the FFP and General Fund CIP Fund for amounts attributable to the Dove Street property purchase. Transfers There are multiple operating and non -operating transfers in and out of the General Fund for Fiscal Year 2022-23. Included in the operating transfers in is the full amount of the cost allocations as a transfer from the Tidelands Fund, and included in the operating transfers out is the General Fund's contributions to the Capital Improvement Fund, Tidelands Capital Fund, Facilities Financing Planning Fund, Facilities Maintenance Fund, and the Tidelands operating subsidy. Included in the non -operating transfers in is the advance repayment from the Tidelands Capital Fund, which was utilized for dredging within the City's Tidelands. Included in the non -operating transfers out is the transfer of the prior year surplus to the Police Facility Fund for the purchase of a property on Dove Street, utilization of the Fiscal Year 2022-23 structural surplus which transferred funds to the Capital Improvement Fund and the Facilities Financing Planning Fund, as well as one time program enhancements included in the adopted budget. 12-7 Third Quarter Budget Update May 23, 2023 Page 8 The purchase of the property on Dove Street for the future site of the Police Department's headquarters was initially projected to total $30,775,000, however after further negotiations and the closing of escrow, the actual amount for the purchase is projected to be approximately $1.75 million less. These savings will be reflected in the General Fund at year end when the General Fund is expected to reimburse the General Fund CIP and FFP for their contributions to the purchase. Other Major Funds New State requirements and increased demand for oil well maintenance have caused the maintenance and repair account in the Tidelands Fund to exceed the budget. It is anticipated that the account will need an additional $500,000 in the current fiscal year. This is offset fully by higher than budgeted revenues for the sale of oil and results in no net impact to the fund. The attached budget amendment increases both revenues and expenditures in the Tidelands Fund. Staff has evaluated the fiscal condition of the City's other major operating funds (Water, and Wastewater). An analysis of the budget performance for these funds indicates that no budget adjustments are necessary and variances between budgeted and actual amounts are within reason. FISCAL IMPACT: As a result of approval of the Budget Amendment (Attachment A) included with this report, revenue estimates will be adjusted upward by $3,572,147 and $2,595,984 will be appropriated to the expenditure accounts listed in the Budget Amendment. Approval of these budget amendments is included in the projected Fiscal Year 2022-23 column of the General Fund Sources & Uses table above. ENVIRONMENTAL REVIEW: Staff recommends the City Council find this action is not subject to the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. NOTICING: The agenda item has been noticed according to the Brown Act (72 hours in advance of the meeting at which the City Council considers the item). ATTACHMENTS: Attachment A — Budget Amendment No. 23-067 Attachment B — Budget Amendments for the Third Quarter 12-8 Attachment A Budget Amendment No. 23-067 12-9 �aEWPOR,. o � � Cq</FO0.N\P Department: Finance Requestor: Jason AI -Imam City of Newport Beach BUDGET AMENDMENT ❑ CITY MANAGER'S APPROVAL ONL R] COUNCIL APPROVAL REQUIRED ONETIME: P]Yes ❑ No Approvals BA#: 23-067 Finance Director: Date 5-I'1123 [City Clerk: Date EXPLANATION FOR REQUEST: To increase revenue estimates and expenditure appropriations relating to the fiscal year 2022-23 quarter three staff report. from existing budget appropriations ❑✓ from additional estimated revenues ❑� from unappropriated fund balance REVENUES Fund # Org Object Project Description Increase or (Decrease) $ 010 01099 691168 GENERAL FUND INTERFUND TRANSFR - TRANSFER IN PEG FEE FUND 47,991.75 010 01003 511053 GENERAL FUND MISC NON OP - SETTLEMENT 2,024,155.00 100 10090907 551540 OIL & GAS - SALE OF OIL 500,000.00 536 53699 691010 INTERFUND TRANSFERS - TRANSFER IN GENERAL FUND 1,000,000.00 Subtotal I_ $ 3,572,146.75 EXPENDITURES Fund # Org Object Project Description Increase or (Decrease) $ 010 01099 991536 GENERAL FUND INTERFUND TRANSFR - TRANSFER OUT NBR ENHANCEM 1,000,000.00 010 01020201 911055 CITY MGR PUBLIC INFO OFFICE - PEG EQUIPMENT 47,991.75 010 01050504 861008 BUILDING - CASP CERTIFICATION & TRAINING (20,000.00) 100 10090907 851037 OIL & GAS - MAINT & REPAIR NOC 500,000.00 168 16899 991010 INTERFUND TRANSFERS - TRANSFER OUT GENERAL FUND 47,991.75 180 1805042 861008 CASP TRNIN - CASP CERTIFICATION & TRAINING 20,000.00 536 53601 980000 231313 NEIGHBORHOOD ENHANCEMENT - CIP EXPENDITURES FOR GL 1,000,000.00 Subtotal) $ 2,595,983.50 FUND BALANCE Fund # Object Description Increase or (Decrease) $ 010 300000 GENERAL FUND - FUND BALANCE CONTROL 1,044,155.00 100 300000 TIDE & SUBMERGED LANDS FUND - FUND BALANCE CONTROL 168 300000 PEG FEE - FUND BALANCE CONTROL (47,991.75) 180 300000 RESTRICTED PEG FEE - FUND BALANCE CONTROL (20,000.00) 536 300000 NEIGHBORHOOD ENHANCEMENT- FUND BALANCE CONTROL - Subtotal $ 976,163.25 Fund Balance Change Required 12-10 Attachment B Budget Amendments for Q3 12-11 City of Newport Beach Fiscal Year 2022-23 Budget Amendments Quarter Ending March 31, 2023 Net Effect on Fund Balance BA# Date Amendment Type Fund Revenues Expenditures Increase/(Decrease) Department Explanation 045 01/24/2023 City Council GENERAL FUND 43,022.00 43,022.00 Library To increase revenue estimates and expenditure appropriations from the California State Library Literacy Services (CLLS). Funds will be allocated to various Library Literacy Services accounts. 046 01/09/2023 City Manager TIDELANDS HARBOR CAP FUND 12,000.00 12,000.00 Public Works To accept a "Help Your Harbor" donation and expense it for the purchase and installation of a replacement marina trash skimmer for the Rhine Channel. 047 01/20/2023 City Manager GENERAL FUND - 87,696.00 - Human Resources To transfer remaining funds from the CMO to Library Services for position Library Services Manager for remainder of FY23 beginning Payroll Warrant 2316 - 10 Pay Periods. 048 01/11/2023 City Manager GENERAL FUND - 7,000.00 7,000.00 City Clerk To utilize savings from part-time vacancies in order to fund a one- time appropriation to cover a branded web design and implementation associated with the City's website refresh. 049 01/24/2023 City Council CONTRIBUTIONS FUND 102,850.00 102,850.00 - Public Works To appropriate new revenues and expenditures from Newport Mesa Unified School District for project 23R06. 050 02/28/2023 City Council GENERAL FUND 579,129.00 310,177.00 268,952.00 Finance To increase revenue estimates and expenditure appropriations CONTRIBUTIONS FUND 266,328.00 266,328.00 _ relating to the Fiscal Year 2022-23 Quarter Two Budget Update. FACILITIES FINANCING PLAN (874,000.00) - (874,000.00) 051 02/28/2023 City Council TIDE & SUBMERGED LANDS FUND 81,019.00 (81,019.00) Public Works To appropriate funds from the unappropriated Tidelands Maintenance Fund for Project 17X12, the Newport Bay Water Wheel. 052 02/28/2023 City Council WATER ENTERPRISE FUND 200,000.00 (200,000.00) Public Works To increase expenditures in the Water Capital Fund from the WATER CAPITAL FUND 200,000.00 200,000.00 Water Enterprise Fund for the Cameo Highlands Secondary Water Supply Improvements project. 053 02/17/2023 City Manager GENERAL FUND 3,901.00 3,901.00 Library To reappropriate donation received to appropriate account and appropriate expense for California State Library Funds to buy eBooks. 054 02/17/2023 City Manager GENERAL FUND 4,676.60 4,676.60 Police Accept donation for Animal Shelter - Appropriate expense to reimburse purchase of furniture for Animal Shelter. 055 02/17/2023 City Manager GENERAL FUND 1,350.00 1,350.00 Library Accept two private donations from the National Charity League and Harbor View Elementary and increase expenses in Library materials account. 056 03/14/2023 City Council GENERAL FUND 37,406.15 37,406.15 Police Accept Proposition 69 reimbursment. Funding approved by the Orange Ocunty Board of Supervisors January 25, 2022 057 03/02/2023 City Manager GENERAL FUND 9,000.00 9,000.00 Fire Accept CERT Donation, increase revenue and expenditures in SPECIAL PURPOSE DEPOSIT FUND (9,000.00) order to purchase new/updated equipment for division (CERT/PIO/Social Media) 059 03/28/2023 City Council GENERAL FUND 60,000.00 60,000.00 Police To purchase short-term licenses for a disaster evacuation software platform under 2021 Homeland Security Grant. Under the grant guidelines, the City of Newport Beach must purchase the licesnses first and then receive reimbursement from the County. 060 03/15/2023 City Manager GENERAL FUND 5,000.00 5,000.00 Library To accept a donation from the Foundation for Library Materials. 062 03/28/2023 City Council GENERAL FUND - 215,244.54 (215,244.54) Fire Ground Emergency Medical Transport (GEMT) Quality Assurance Fee (QAF) Payment 063 03/20/2023 City Manager GENERAL FUND - 20,000.00 CMO/ Human Resources Appropriate expenses for the Employee Service Awards & Appreciation Luncheon. 064 03/22/2023 City Manager GENERAL FUND 50.00 50.00 Library To accept a donation from the Foundation for Library Materials. 12-12