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Fees collected during calendar year 2011 are programmed for FY 2012-13. In projecting development related fees, staff has taken a conservative approach so that the CIP includes revenue projections only from projects that have been fully approved by the City Council and are expected to move forward. However, if development does not occur as projected, staff will make the necessary adjustments as part of the Mid-Term CIP without affecting current year funding. Note that for calendar year 2010 estimated development related fees were $786, 968. Thus calendar year 2011 projects a slight decrease of$97,954. The number of residential units and commercial square footage included as revenue generating projects is as follows: FULY APPROVED RESIDENTIAL AND COMMERCIAL DEVELOPMENTS PROJECTS USED FOR REVENUE PROJECTIONS RESIDENTIAL COMMERCIAL Calendar Year Number of Units Calendar Year Square Footage 2011 39 2011 318,391 2012 82 2012 924,323 2013 96 2013 256,397 2014 24 2014 268,016 TOTAL 241 TOTAL 1,767,127 Because the City does not control the timeline for these developments, the unit projections are staff's best estimate based on recent development activity and discussions with the developers. Should projects scheduled for calendar year 2011 not occur, the unit totals and corresponding revenue will be reduced. Should new projects develop, the unit totals and corresponding revenue may be adjusted and/or increased. If this should happen, as indicated above, an adjustment will be made in the Mid-Term CIP without affecting projects funded in 2012-13. In general, development projections must be viewed as tentative since even approved projects may be affected by the economy and the health of the housing and construction industry that is generally beyond the City's control. Nevertheless, staff is anticipating significant commercial development from the CI,C Staples Ranch project and the Bernal Property Safeway project. The residential projects do not include the Windstar/BART project or Hacienda development. When these projects move forward they will have a positive impact on fee revenues. Utility User's Fees The City has historically adjusted sewer and water rates to assure adequate funding of Sewer and Water replacement and improvement projects. To show the availability of Sewer and Water replacement funds, the water and sewer program is divided into expansion and replacement/improvement projects. Expansion projects are those funded by connection fees from development activities while replacement/ improvement projects are funded by utility user fees that are transferred from the Water and Sewer Maintenance and Operation funds (M & O) to the CIP for replacement/improvement projects, including debt service. While these funds are not transferable, from time to time, the City Council has approved loans or other financing tools that allows this exchange. All details regarding the use of this funding are 13