Woodlake’s 2018-19 budget adds an officer to police department
City benefits from major general fund increase, begins signups for recreation soccer league
By Paul Myers @PaulM_SGN
WOODLAKE – Woodlake’s budgets have been trending upward for several years now, and its biggest leap has been the budget just passed on Monday, June 11.
City administrator Ramon Lara and director of community development Jason Waters are projecting a massive increase to the City’s general fund budget. In the 2017-2018 general fund budget, Woodlake projected a total revenue of $2,278,043; this year they expect a total of $2,790,500.
Lara says the $512,457 increase is due to the 1% sales tax increase in November 2017 and the $100,000 the City expects to haul in from cannabis sales in the City via Valley Pure, the dispensary located in Woodlake’s downtown that opened in May. Meanwhile, Green Bean Pharm located on Naranjo west of Valencia Boulevard, is presumably months away from opening despite their ambitious February 2018 deadline that they had announced last year.
The City has been busy with the extra money they plan to come in over the next 12 months. Already the City has started signups for a City-run recreation soccer league. As of now, Lara, Waters and city clerk Irene Zacarias have absorbed those duties. Lara says the City will hire a part time position to manage the soccer league, along with all other parks and recreation duties for now.
In addition, Woodlake plans to start spending funds on some projects that have been long overdue. For starters, they are excited to add an officer to their police force, which has been in need manpower over the last few years. Also, the City will be putting in some new playground equipment at the park for the Valencia Heights project on the north side of downtown. They will also be adding some playground equipment to the Alsumiri Park on the east side of town. Both locations will have a new arbor.
Even with the additional spending set to put general fund expenditures at $2.7 million, Woodlake projects to have enough of a surplus to increase their reserves from $576,330 to $666,164, almost 25% of general fund levels.
“We still have a ways to go, but we’re making good progress,” Lara says.
According to Lara, a sufficient reserve is nothing short of a full year’s worth of operating capital, albeit most cities work to keep 25% of a full year’s budget on hand for economic downturns.
“Our next goal is six months of reserves, but it’s not something that happens overnight,” Lara added.
This is the first year since Lara has been the city administrator where Woodlake will have every fund in the black. Most funds have been in the positive for at least one year, but last year the lone fund to be left in the red was the airport. This year the City expects to generate $71,000 in revenue to $34,244 in expenses.
“Assuming nothing comes up or happens, this is the year,” Lara said.
The City maintains the airport, and generates revenue from the airport through the leasing of hangars, rent from the restaurant and fuel sales. Waters and Lara said they would have probably gotten to solvency faster had it not been for a busted fuel tank the City had to replace two years ago. And as far as improvements go, the City is not putting the airport at the top of their list.
Last year Woodlake spent grant money to identify the full scope of everything that needed to be done to bring it up to Federal Aviation Authority (FAA) standards. Waters and Lara added the FAA will guide them on what type of grants to seek out and when in order to fund repairs, but they have not hear back from the Authority since the initial report was sent.