TABLE VII
<br /> MID-TERM CIP SOURCES OF FINANCIAL RESOURCES, EXPENDITURES AND
<br /> FUND BALANCES
<br /> FY 2014/15 FY 2015/16 FY 2016/17 TOTAL
<br /> Beginning Balances $25,443,165 $29,224,417 $34,997,626 $25,443,165
<br /> Gas Tax, Measure B and Highway
<br /> Funds $3,024,566 $3,308,200 $3,308,200 $9,640,966
<br /> City Development Fees $6,723,288 $8,696,505 $871,000 $16,290,793
<br /> City Utility Connection Fees
<br /> $420,649 $462,563 $76,500 $959,712
<br /> Non-City Development Fees $171,975 $227,583 $31,927 $431,485
<br /> Grants and Miscellaneous
<br /> $919,400 $0 $0 $919,400
<br /> General Fund Contributions
<br /> $1,300,000 $1,300,000 $1,300,000 $3,900,000
<br /> Transfers from Other Funds*
<br /> $3,300,000 $3,300,000 $3,300,000 $9,900,000
<br /> Interest Earnings
<br /> $182,510 $194,970 $209,880 $587,360
<br /> Total Financial Resources $41,485,553 $46,714,238 $44,095,133. $68,072,881
<br /> Total Recommended Expenditures $10,674,514 $5,583,114 $5,653,114 $21,910,742
<br /> Total Recommended Reserves $1,586,622 $6,133,498 $8,838,823 $16,558,943
<br /> Total Expenditures and Reserves $12,261,136 $11,716,612 $14,491,937 $38,469,685
<br /> Ending Balance $29,224,417 $34,997,626 $29,603,196 $29,603,196
<br /> * Includes transfers from the Water and Sewer Maintenance and Operation Funds
<br /> As part of the Mid-Term CIP, staff conducted a review of all financial resources including
<br /> beginning balances, revenues, transfers from other fends, grants, etc. included in the CIP.
<br /> Adjustments have been made to reflect development activity as projected by the City Planning
<br /> department, new revenue sources, adjustments to prior year revenues and project costs which
<br /> affect available financial resources, transfers and revenue revisions to assure the accuracy of
<br /> revenue projections. Table VI illustrates the difference between the current CIP and the adjusted
<br /> numbers included as part of this Mid-Term CIP.
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