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SUMMARY OF STREET RELATED REVENUE Funding Sources for Streets Projects 2009 -10 through 2012 -13 3% 1% �1 6 33% 15 t d1 17% 20% o Gas Tax Meaure B a City Dev. Fees Prop 42 Prop 1B General Fund Tri- Valley Fees Dougherty For all four years of the CIP the total gas tax projection is $1,217,500 annually ($4,870,000 for all four years). While this amount may change in future years, the City will not receive estimates until later this fiscal year. As a result, to be conservative, the allocation expected for FY 2009 -10 is used for all years. Notwithstanding this approach, this funding source should remain stable and is consistent with the estimates made in previous CIP's. Also, while staff has not been informed of formula changes as part of the State budget process, future allocations are always subject to the State's budget process. In addition to the gas tax, $2,946,016 is projected from Measure B revenue over the four years of the CIP. While Measure B is funded from sales tax, it is placed in this category to reflect its use for roadways in a manner similar to gas taxes. However, $641,047 of this amount will be used for trails and /or bike paths including the development of a Pedestrian and Bicycle Lanes Master Plan previously funded in Streets. These funds will be expended in close cooperation with the Parks and Recreation Commission, Trails Ad -Hoc Committee, the Bicycle and Pedestrian Advisory Committee, and the Department of Parks and Community Services to assure that it is used for projects meeting community needs. Like gas tax, Measure B revenue projections remain constant throughout the CIP based on the amounts approved for the initial year of this CIP. Staff estimates that the City's 20% share of the Tri- Valley Transportation Development Fee will generate approximately $313,874 during the next four years of this program. This revenue has been included in the Tri- Valley Transportation Fees (Reserve) project as a means of segregating it from other traffic related revenue. Staff is also anticipating an additional 5200,000 from this source as a separate allocation for desigm work on the 1 -580 at Foothill Road Improvements. In addition, Dougherty Valley Mitigation Fees are estimated at 5200,000 for the four years of the CIP. This funding is being placed in the Dougherty Valley Mitigation Reserve Fund for future streets related projects. The total estimated amount from these three sources in 5713,874. 12