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Table 2: Proposed New Projects Project Name Project Description Fund FY 2023/24 FY 2024/25 FY 2025/26 FY 2026/27 Repair and replacement of pavement of Annual Trail Improvements trails along the Arroyos at various 165 100,000 100,000 100,000 100,000 locations. Asset Management Plan for Repair and Replacement and Capital Improvement Asset Management Plan Projects(State of Good Repair projects 201 750,000 250,000 250,000 250,000 only). This plan is required to plan and fund maintenance needs of existing assets. FY 2024 allocation for installation of electrical upgrades for EV fleet charging CAP(EV Fleet Charging) stations at 200 Old Bernal and OSD. 201 1,000,000 - 500,000 500,000 Additional funding is recommended in FY 2025/26 and FY 2026/27 for further expansion. Irrigation Controller Replacement of irrigation equipment that Replacement Parks-Phase 1 are past useful life and update to current 221 150,000 150,000 150,000 150,000 standards. 5-14 Electrical Improvements Electrical improvements at the Sewer 431 700,000 - - - facility,5-14. Development of storm drain master plan to identify the maintenance needs,best Storm System Master Plan 441 - 500,000 - - practices and recommended budget for maintenance of the system. Condition assessment,design and Storm Lift Station Upgrades necessary replacement of components of 441 - 40,000 260,000 five storm drain pump stations. Design and construction to re-align a 60" Sycamore Creek Storm Drain storm drain line to help mitigate future Realignment flooding risk at Sycamore Creek and Sunol 441 200,000 550,000 Blvd. At the March 21, 2023, meeting, staff presented to the City Council a list of existing projects recommended to be either deferred or defunded in order to provide funding for new projects as well as additional funding for existing high priority projects. Approximately $8.2 million in the City's two miscellaneous capital funds, Miscellaneous CIP — General Fund and Street CIP — General Fund, are recommended to be repurposed for other projects. Existing Projects funded with Traffic Impact Fees The following three projects were approved and budgeted in FY 2019/20 and FY 2020/21 based on Traffic Impact Fee (TIF) revenue projections. However, due to lower than anticipated TIF revenues collected during the two-year budget period, there are not adequate funds for these projects. Project No. Description Amount 20569 Santa Rita Road @ Valley Avenue 4,590,474 21556 Santa Rita.Fiber Interconnect 180,000 20565 Nevada Street Improvements 2,549,816 Page 8 of 9