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Streets CIP <br /> Recommended Midyear adjustments to the Streets CIP funds include increases in <br /> projected revenues ($2,241,380), net transfers ($350,000) and expenditures <br /> ($2,154,795). Revenue changes include increases in projected Traffic Impact Fees <br /> ($382,688), Gas Tax revenues ($45,526), Measure B revenues ($93,513) and <br /> developer contributions ($1 ,696,753) and are mainly to fund the Dublin Canyon Road <br /> Widening Project. Net transfers of $350,000 are mainly attributable to a transfer from <br /> the Parks General Fund CIP to fund 2011/12FY street projects. Expenditure changes <br /> are mainly due to project close outs ($115,210), an increase in the Interstate 580 <br /> Foothill Road/San Ramon Road Interchange project due to prior year Tri-Valley <br /> Transportation Council funding ($553,041) and an increase in the Dublin Canyon Road <br /> Widening project due to availability of developer funding ($1,382,749). <br /> _ Streets CIP Funds <br /> 2010/11FY Recommended 2010/11FY <br /> Adjusted Midyear Midyear <br /> Budget Adjustments Budget <br /> Beginning Fund Balance $ 19,924,467 $ 19,924,467 <br /> Plus Revenues 7,588,902 $ 2,241,380 9,830,282 <br /> Transfers In 270,000 481,667 751,667 <br /> Transfers Out 131,667 131,667 <br /> Less Expenditures 22,200,597 2,154,795 24,355,392 <br /> Ending Fund Balance $ 5,582,772 $ 436,585 $ 6,019,357 <br /> Submitted by: Approv d by: <br /> Emily E. Wagner Nelson Fialho <br /> Director of Finance City Manager <br /> Attachments: <br /> 1. Resolution <br /> 2. Appendix A — 2010/11 FY CIP Recommended Midyear Budget Adjustments <br /> 3. Appendix B — 2010/11FY CIP Adjusted Budget <br /> Page 4 of 4 <br />