Laserfiche WebLink
Comparison of lrmaneial Resources Availnble <br />(As Presented in Current ~ & Aplwmed in Past CIP's) <br /> <br /> $30,000,000 s ~359,961 <br /> $20,000,000 $25.597,831 <br /> $10,000,000 <br /> <br /> $0 <br /> FY1998-99 FY1999-00 FY 2000-01 Fy 2001-02 FY 2002-03 <br /> <br />Note that the FY 2002-03 figure does not include potential transfers from the CIPR or <br />adjustments in development fees. Once all financial resources are factored at the mid- <br />term budget, the amount may increase considerably. <br /> <br />CIP axpenditures in the first two years of the CIP ($44,761,576) exceeded expenditure estimates made in <br />the Mid-term CIP ($27,662,886) by $17,098,690 which results from programming additional revenue <br />made available th_rough a number of sources including the General Fund Miscellaneous CIP and grants, <br />activity related to the Bernai Property which has generated funding reserves for a number of projects and <br />moving forward a number of major projects such as the development and renovation of Val Vista Park <br />and the development of the Alviso Adobe Park. The graph below summarizes the variance from <br />expenditure projections and actuals. <br /> <br />$30,000,000 <br /> <br /> Comparison of CIP Expenditures <br />(As Presented in Current CIP & Approved in Past CIP's) <br /> <br />$10,000,000 <br /> <br />FY1998-99 FY1999-00 FY 2000-01 Fy2001-02 FY2002.03 <br /> <br />Based on past trends, it is anticipated that expenditures will increase considerably as <br />part of the mid-term budget review. <br /> <br />xi <br /> <br /> <br />