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Staff is recommending that Council approve additional budget amendments totaling
<br /> $21,628 and budget carryovers to 2012/13FY totaling $8,583,480 as shown in Tables
<br /> 3A and 3B, respectively. The recommended budget amendments include the following:
<br /> • Increase in transfers out for the partial repayment to the General
<br /> Fund for the Golf Course Development/Infrastructure loan ($26,672)
<br /> • Close out of the following projects:
<br /> • ADA Hearing Loops in City Council Chambers ($40,000)
<br /> • Photovoltaic Energy Project for Police Dept. ($14,400)
<br /> • Interactive Voice Response System ($13,239)
<br /> • Fire Station #3 — Replace Exterior Siding ($2,341)
<br /> • Increase in the Capital Improvement Program Reserve (CIPR)
<br /> due to the receipt of PG&E Solar Rebates ($17,786) 48,300
<br /> Net Recommended Amendments $21,628
<br /> As shown in Table 3A, the Miscellaneous CIP funds' projected fund balance at June 30,
<br /> 2012 is $14,417,490 or $8,707,218 higher than the Adjusted Budget. This is mainly due
<br /> to projects not being started or completed in the 2011/12FY. Table 3B presents the
<br /> recommended project carryovers and project reserve carryovers to the 2012/13FY.
<br /> After carrying forward these projects and project reserves the adjusted fund balance is
<br /> projected to be $5,853,846.
<br /> Table 3B - Miscellaneous CIP Funds Recommended Budget Carryovers to 2012/13FY
<br /> PROJECTED FUND BALANCE, JUNE 30, 2012 $14,417,490
<br /> REVENUE CARRYOVERS:
<br /> Energy Efficiency& Conservation ARRA Grant 19,836
<br /> TOTAL REVENUE CARRYOVERS $19,836
<br /> PROJECT CARRYOVERS:
<br /> Downtown Parking Improvements Including Improvements to the
<br /> Alameda County Transportation Corridor(ACTC) 3,811,410
<br /> Deposit for the purchase of the Alameda County Corridor 1,000,000
<br /> Landscape Median Construction and Renovation 145,862
<br /> Fence Installation/Replacement at Various Locations 3,550
<br /> Bi-Annual Erosion and Storm Repairs 100,000
<br /> Interactive Voice Response System 2,528
<br /> Fire Station#4 - Repairs to Upper Parapet Walls 72,464
<br /> CTV-30 Studio Relocation 250,000
<br /> Energy Efficiency& Conservation ARRA Grant 19,836
<br /> Energy Upgrade Pleasanton Program - Residential 36,000
<br /> Energy Upgrade Pleasanton Program -Commercial 100,000
<br /> Lease/Debt Payments for Animal Shelter 14,474
<br /> TOTAL PROJECT CARRYOVERS $5,556,124
<br /> RESERVE CARRYOVERS
<br /> CIPR-Capital Improvement Reserve 1,099,497
<br /> City Hall Office Building & Civic Center Site Improvements Reserve 1,927,859
<br /> TOTAL RESERVE CARRYOVERS $3,027,356
<br /> TOTAL REVENUE, PROJECT AND RESERVE CARRYOVERS $8,583,480
<br /> ADJUSTED FUND BALANCE,JUNE 30, 2012 $5,853,846
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