Page 332 - FY 2022-23 Proposed Budget

SPECIAL PURPOSE FUND SCHEDULES
SCHEDULE 28
CITY EMPLOYEES RIDESHARING FUND
Section 5.344 of the Los Angeles Administrative Code establishes the City Employees Ridesharing Fund. Revenues to the Fund
include City employee vanpool fares and parking fees. All monies deposited in the Fund shall be used to pay the costs, exclusive of
salaries, incurred in the City employee ridesharing program to provide for ridesharing enhancements that reduce City employee
private vehicle usage in commuting to and from work, including transportation subsidies provided to employees. The City administers
parking permit issuance and transportation subsidies in accordance with the Special Memorandum of Understanding Regarding City
Employees Parking and Commute Options. The Fund is administered by the Personnel Department.
Total
Actual Estimated Budget
2020-21 2021-22 2022-23
REVENUE
3,541,389 4,285,031 Cash Balance, July 1 3,748,031
3,541,389 4,285,031 Balance Available, July 1 3,748,031
2,315,535 1,135,000 11,840 Other Receipts 2,436,000
49,124 35,000 11,842 Interest 60,000
5,906,048 5,455,031 Total Revenue 6,244,031

EXPENDITURES APPROPRIATIONS
520,560 541,000 393 General Services 700,000
1,100,457 1,166,000 523 Personnel 2,628,600
Special Purpose Fund Appropriations:
- - 10,505.31 Reserve 2,915,431
1,621,017 1,707,000 Total Appropriations 6,244,031

4,285,031 3,748,031 Ending Balance, June 30 -

307