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EXHIBIT 4 Finance and Management Services www.santa-ana.org/finance Item # 38 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report December 21, 2021 TOPIC: Fiscal Year 2021-2022 General Fund - First Quarter Budget Update AGENDA TITLE: Fiscal Year 2021-2022 General Fund - First Quarter Budget Update RECOMMENDED ACTION 1. Receive and file the fiscal year 2021-2022 General Fund - First Quarter Budget Update, including the increased sales tax and property tax estimates (Exhibit 1). 2. Amend the fiscal year 2021-2022 budget to add one position funded by the Water enterprise within the Finance and Management Services Agency (Exhibit 2) and approve a $42,720 Appropriation Adjustment to fund the position for the remainder of FY21-22. (Requires five affirmative votes) 3. Approve one-time General Fund Appropriation Adjustments totaling $24,655,000 described in detail below for fiscal year 2021-2022. (Requires five affirmative votes) 4. Approve recurring General Fund Appropriation Adjustments totaling $3,066,900 described in detail below for fiscal year 2021-2022, which includes amending the FY21-22 budget to add one position to the Community Development Agency (Exhibit 2) and funding for two positions in the City Clerk's Office and the City Attorney's Office. (Requires five affirmative votes) 5. Adopt a resolution amending the current Fiscal Year 2021-2022 Annual Budget to add one Full Time Position in the Finance and Management Services Agency and one Full Time Position in the Community Development Agency. EXECUTIVE SUMMARY The first quarter budget update normally covers July through September. At the end of September, staff received actual sales tax data through June 2021 and had reason to believe FY21-22 sales tax revenue would be significantly more than the budget estimate. City Council 30 — 21 1/18/2022