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Expenditure budget transfers between projects due mostly to the close out of completed projects that were previously accepted by the City Council. A total $890,659 decrease in projected expenditures resulting in project closeouts. A $5,099 expenditure increase in project #067015, Gingerbread Preschool project, for fence repair and the purchase of a bike rack. The net effect of the Mid -year amendments is a $927,744 increase to the estimated Parks CIP ending fund balance. The Miscellaneous CIP on pages A -6 to A -7 reflect: A reduction of the projected revenues from Public Facilities Fees to reflect the actual fees collected through December 31 a $272,400 increase in projected interest income earnings, and a $692,700 increase in grant revenue due to a U.S. Department of Energy (ARRA grant) grant award for energy efficiency conservation programs and projects. A $294,943 transfer from the Streets Developer Fund into the Miscellaneous CIP Fund of unclaimed developer funds and residual interest from completed projects. A transfer of $24,427 from the Streets Developer Fund into the Golf Fund to correctly account for Happy Valley Infrastructure Reimbursement prior year revenue. A transfer of $84,100 to the Information Technology Replacement Fund for the installation of land management software was approved by the City Council in September. A decrease of $84,100 in Capital Improvement Reserves (CIPR) to fund installation of land management software was approved by the City Council in September. A $692,700 increase in the Energy Efficiency and Conservation Grant project due to the award of the U.S. Department of Energy grant noted above. A $1,000 expenditure increase to account for the annual trustee escrow fee related to the purchase of the Alameda County Transportation Corridor. The net effect of the Mid -year amendments is a $637,648 increase to the estimated Miscellaneous CIP ending fund balance. The Water and Sewer CIP on pages A -8 to A -9 reflect: A reduction of the projected revenues from Water Connection Fees to reflect the actual fees collected through December 31 and $81,000 and $64,000 increases in projected interest income earnings in the Water and Sewer CIP, respectively. Reimbursement of $8,700 for the installation of a backflow device. A decrease of $1,455,903 in Water CIP expenditures due to the closing out of projects. A net decrease of $89,404 in Sewer CIP expenditures due to the closing out of projects. An increase of $1,472,445 and $205,555 in expenditures for the Installation of a Photovoltaic Solar Energy System project at the Operations Services Center in the Water and Sewer CIP, respectively. An increase of $100,000 and $99,900 for the Utility Billing Software project in the Water and Sewer CIP, respectively. Project increases were approved by the City Council in August for the solar energy system and in March for the utility billing software. Page 3 of 4