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II. GENERAL PROGRAM FINANCIAL OVERVIEW
<br />
<br />A summary of available annual financial resources (including beginning balances) and recommended
<br />annual expenditures is listed in the tables below. Summary financial tables showing all recommended
<br />projects and available funding are included at the end of this section. All project expenditures and
<br />revenues segregated by source are included in the detailed financial tables located in the Appendix. In
<br />accordance with the funding policy discussed previously, development generated fee revenue is reflected
<br />in the year after it is projected to be collected. However, to reflect the City's contribution and
<br />requirement for the Bernal/I-680 Interchange project, FY 2001-02 and 2002-03 revenues earmarked for
<br />this l~roject are shown as being available in the year they are projected to be received. Staff is
<br />recommending this change to reflect the required project schedule and the fact that costs in excess of
<br />available revenues will be advanced by Greenbriar Homes Communities, Inc. (Bernal Investors, LLC.).
<br />
<br />The three tables listed below provide a general summary of expenditures and revenues by prOject
<br />category and major funding sources.
<br />
<br />PROJECTED AVAILABLE ANNUAL FINANCIAL RESOURCES*
<br />
<br /> FY 2001-02 FY 2002-03 FY 2003-04 FY 2004-05 FY 2005-06 TOTAL
<br />WATER $10,106,505 $7,567,378 $7,926,62~ $9,533,049 $11,105,913 $22,028,985
<br />SEWER $3,391,111 $2,900,907 $3,600,83~ $4,370,388 $5,097,341 $10,265,635
<br />STREETS $6,798,069 $7,240,852 $4,474,332 $4,289,520 $6,549,93~ $25,966,573
<br />PARKS $7,695,514 $1,671,431 $1,920,46~ $1,881,191 $1,007,878 $13,474,570
<br />MISC. $8,917,310 $5,699,398 $6,305,04{ $6,669,341 $7,582,561 $30,842,169
<br />TOTAL $36,908,509 $25,079,966 $24,227,301 $26,743,489 $31,343,623 $102,577,932
<br />
<br />* To accurately reflect that amount of financial resources available each year by category, the above annual dollar
<br /> amounts include all available resources for each year including beginning and recurring fund balances. However,
<br /> the "total" column has been adjusted to reflect removal of these transfers out to other funds and the recurring fund
<br /> balances. As a result, this column does not equal the sum of the individual years.
<br />
<br />RECOMMENDED EXPENDITURES
<br />
<br /> FY 2001-02 FY 2002-03 FY 2003-04 FY 2004-05 FY 2005-06 TOTAL
<br />WATER $5,173,56~ $2,769,779 $1,562,931 $1,416,793 $1,534,237 $12,457,30~
<br />SEWER $1,959,331 $1,002,224 $1,032,035 · $1,174,701 $1,026,937 $6,195,231
<br />STREETS $5,317,943 $6,882,487 $4,287,124 $2,929,089 $2,862,390 $22,279,033
<br />?ARKS $7,332,732 $1,580,510 $1,775,00£ $1,778,450 $815,000 $13,281,692
<br />VIISC. $7,842,540 $4,900,461 $5,395,04{ $5,121,567 $5,796,308 $29,055,91(
<br />rOTAL $27,626,115 $17,135,461 $14,052,132 $12,420,600 $12,034,872 $83,269,181
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