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CAPITAL IMPROVEMENT PROGRAM REVENUES
<br />Funds to finance the Capital Improvements are derived from the following major sources:
<br />1. State and local gas tax and bighway related tevemtes.
<br />2. Construction and development related fees.
<br />3. Federal, state and local grants.
<br />4. Contributions from the water and sewer operation fund.
<br />5. Transfers from the City's General Fund.
<br />6. Currently unsecured financing (for North Pleasanton Community Park).
<br />A summary of all project revenues estimated to be received/collected in each fiscal year, including
<br />beginning fund balances, is as follows:
<br />SOURCES OF PROJECT REVENUE
<br />Included developer contributions of 5480,428.
<br />A table comparing FY 1994/95 estimates with actuals is included in Appendix B in the back of the
<br />program.
<br />< -t • ' �m W .._sI -t tea' '' -
<br />Gas tax revenues are allocated annually to cities on a state -wide allocation formula which is based
<br />primarily on a City's population. These funds can be spent on new construction or the repair and
<br />maintenance of existing stmt systems or street lighting.
<br />It is estimated that a total of $964,762 of gas tax revenue will be received in FY 1994/95. This
<br />compares to $974,453 which is currently estimated for FY 1993/94. The five year projections of new
<br />gas tax revenue is $5,164,220. A total of $1,503,813 in Measure B revenue is also expected.
<br />In addition to the streets program traditional gas tax and grant revenues, this year's program includes
<br />a transfer of $1 million from the City's General Fund to reflect a funding source for the Junipero St.
<br />iv
<br />FY 1994M
<br />FY 1993196
<br />FY 1996/97
<br />FY 1917T98
<br />FY 1995/99
<br />TOTAL
<br />BEGINNING BALANCES r7/1/94)
<br />8,345.663
<br />8.348.663
<br />GAS TAxanGHWAY REVENUES
<br />1,248,012
<br />1,292,566
<br />1,334,963
<br />1,375,966
<br />1.416.527
<br />6,668,033
<br />4,304.579
<br />4.865,568
<br />6102.781
<br />4,473.278
<br />2,093,146
<br />21.939.353
<br />DEVELOPMENT - RELATED FEES
<br />GRANTS /OTHER AGENCIES
<br />402,000
<br />751,164
<br />1.715.010
<br />1,665.106
<br />27,000
<br />4,560.270
<br />USER REVENUES
<br />2250,280
<br />2,568.735
<br />2.839.173
<br />3,123,403
<br />3.364.414
<br />14,146.007
<br />TRANSFERS FROM OTHER FUNDS
<br />12,094,500
<br />1.607,500
<br />1,250.500
<br />1.241.100
<br />1,231,500
<br />17.425.500
<br />INTEREST
<br />421.000
<br />243,000
<br />247.000
<br />272.000
<br />412.000
<br />1,596,000
<br />TOTAL
<br />529.070034
<br />511.328.533
<br />513.589.417
<br />512,151254
<br />58.54.587
<br />$74.683.826
<br />Included developer contributions of 5480,428.
<br />A table comparing FY 1994/95 estimates with actuals is included in Appendix B in the back of the
<br />program.
<br />< -t • ' �m W .._sI -t tea' '' -
<br />Gas tax revenues are allocated annually to cities on a state -wide allocation formula which is based
<br />primarily on a City's population. These funds can be spent on new construction or the repair and
<br />maintenance of existing stmt systems or street lighting.
<br />It is estimated that a total of $964,762 of gas tax revenue will be received in FY 1994/95. This
<br />compares to $974,453 which is currently estimated for FY 1993/94. The five year projections of new
<br />gas tax revenue is $5,164,220. A total of $1,503,813 in Measure B revenue is also expected.
<br />In addition to the streets program traditional gas tax and grant revenues, this year's program includes
<br />a transfer of $1 million from the City's General Fund to reflect a funding source for the Junipero St.
<br />iv
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