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TABLE X
<br /> PROJECTED USE OF GENERAL FUND TRANSFERS
<br /> Project 2014-15 2015-16 2016-17 Total
<br /> Bernal Community Park Phase II $1,300,000 0 0 $1,300,000
<br /> Capital Improvement Program 0 $1,300,000 $1,3,00,000 $2,600,000
<br /> Reserve(CIPR)
<br /> Total $1,300,000 .$1,300,000 $1,300,000 $3,900,000
<br /> Note: The figures in this table include only the General Fund portion of the projects listed abbve'and not the
<br /> full funded amount including other sources.
<br /> CIP EXPENDITURES AND RESERVES
<br /> Similar to the review process conducted for revenues, staff also reviewed approved expenditures
<br /> and the need to add, adjust or delete projects included in the current CIP. As indicated
<br /> previously, this Mid-Term budget includes three new projects and two amendments to existing
<br /> reserve project balances. Table XI below provides a comparison of expenditures.
<br /> TABLE XI
<br /> COMPARISON OF RECOMMENDED CIP EXPENDITURES FOR 2014-15*
<br /> Projections in Mid-Term
<br /> current CIP Projections Difference %Difference
<br /> STREETS $5,248,985 $5,378,985 $130,000 2.48%
<br /> PARKS $1,591,260 $2,857,622 $1,266,362 79.58%
<br /> MISCELLANEOUS $570,000 $570,000 $0 0.00%
<br /> WATER $1,572,529 $2,604,529 $1,032,000 65.63%
<br /> SEWER $850,000 $850,000 $0 0.00%
<br /> TOTAL $9,832,774 $12,261,136 _ $2,428,362 24.70%
<br /> •Includes project reserves and expenditures
<br /> As indicated previously, the CIP includes funding for a number of existing CIP reserves. A status
<br /> of the major CIP reserves with their existing fund balances is listed below.
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