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Vineyard Corridor Specific Plan Fees ($202,726), City of Dublin Freeway
<br /> Interchange Fees ($198,128), projected Gas Tax revenues ($143,804),
<br /> developer contributions ($56,920), interest income ($56,106), and Measure B
<br /> and F funds ($31,058).
<br /> • Changes in transfers ($6,973) are due a Transfer In from the Misc. General Fund
<br /> CIP to cover a fund balance deficit in the Streets CIP for budgeted projects
<br /> ($209,699) and a Transfer Out ($202,726) to the Water Repair and Replacement
<br /> Fund to pay off a portion of the Vineyard Avenue Water Tank loan.
<br /> • Expenditure/Reserve changes ($71,417) include increases of:
<br /> o $71,976 in various Streets CIP projects due to the availability of Developer
<br /> Funds for these projects.
<br /> o $278,570 in the Dublin Reimbursements for Future Projects Reserve to
<br /> reflect City of Dublin freeway interchange fees received to date.
<br /> o $47,331 in landscape maintenance expenditures for the City's Landscape
<br /> Maintenance Districts.
<br /> o $11,497 to account for a permit fee refund.
<br /> These increases are partially offset by:
<br /> o budget reductions in various completed projects totaling $314,657
<br /> (Railroad Quiet Zones - $150,000; Hopyard Road/Owens Drive Widening
<br /> $96,762; Annual Traffic Buttons/Line Markers Installation $67,895).
<br /> o a $23,300 decrease in the Dougherty Valley Mitigation Revenue Reserve
<br /> to reflect actual mitigation fees received to date.
<br /> Table 5
<br /> Streets CIP Funds
<br /> 2012/13FY Recommended 2012/13FY
<br /> Adjusted Midyear Midyear
<br /> Budget Adjustments Bud•et
<br /> Beginning Fund Balance $ 31,302,439 $ - $ 31,302,439
<br /> Revenues 4,890,190 (67,154) 4,823,036
<br /> Transfers In 715,989 209,699 925,688
<br /> Transfers Out (1,000,000) (202,726) (1,202,726)
<br /> Expenditures/Reserves (28,709,940) (71,417) (28,781,357)
<br /> Ending Fund Balance $ 7,198,678 $ (131,52k $ 7,067,080
<br /> Submitted by: Approved by:
<br /> 4/,..„ r644-7.
<br /> Emily EiNagner Nelson Fialho
<br /> Director of Finance City Manager
<br /> Attachments:
<br /> 1. Resolution
<br /> 2. Appendix A — 2012/13FY CIP Recommended Midyear Budget Adjustments
<br /> 3. Appendix B — 2012/13FY CIP Adjusted Budget
<br /> Page 5 of 5
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