Page 433 - 2022-23 Blue Book Vol 2

LEASING

BASIS FOR THE PROPOSED BUDGET

The 2022-23 Proposed Budget for Leasing relates to current year funding as follows:

Amount % Change

2021-22 Adopted Budget $ 21,221,181

2022-23 Proposed Budget $ 20,221,181

Change from 2021-22 Budget $ (1,000,000) (4.71)%

The Citywide Leasing Account serves the purpose of managing and maintaining the Department of General
Services (GSD) leasing funding portfolio independent of GSD's operating budget. GSD administers the Citywide
Leasing Account. Prior to 2021-22, Citywide lease appropriations were included in the GSD operational budget.
An annual sum is appropriated for Citywide leasing obligations, common area maintenance, and tenant
improvements for various departments whose activities are financed by the General Fund and Telecommunications
Development Fund. Other special funded leases that are billed directly are not included in the Citywide Leasing
budget. In addition, transactions related to homelessness such as the Project Roomkey Program are not part of the
Citywide payable leasing portfolio.

The appropriations understate the actual need for funding by approximately $1 million because the
2022-23 Proposed Budget includes reappropriations of anticipated surplus 2021-22 funds in a sufficient amount to
meet this need.

2021-22 2022-23
Appropriations Adopted Proposed
Budget Budget
General Fund Leasing – Includes funding for office space,
parking, warehouse space, communication sites, Fire
Department facilities, courthouses, and other leased $ 21,024,946 $ 20,024,946
spaces.

Special Fund Leasing – Includes funding for studio space,
telecommunications equipment sites, and other 196,235 196,235
Information Technology Agency facilities.

TOTAL APPROPRIATIONS $ 21,221,181 $ 20,221,181

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