15 ATTACHMENT 2 - Laserfiche WebLink

City of Pleasanton Capital Improvement Program • FY 2023/24 - FY 2026/27 16 Capital Improvement Plan Revenues The Capital Improvement Plan (CIP) is projected to receive $70.3 million in revenues over the four-year span.1 This amount is derived from several different sources that pay for the CIP projects. This section highlights the categories and makeup of these revenue sources. General Fund The General Fund is the City’s unrestricted fund that captures a variety of taxes, including Property Tax, Sales Tax, Transient Occupancy Tax (TOT), and Business License Taxes. It also includes fees for ser- vices, franchise fees, interest income and other sources. While most of these revenues are used to fund operations, the General Fund annually contributes to the CIP for the construction and improvements on City-owned facilities and infrastructure. These General Fund contributions are either directly allocated to projects or held in reserve for future projects as they clear the design stage. The General Fund rep- resents approximately 8.5 percent of the total CIP revenues. Transportation Funds Transportation funds are a collection of revenues and resources that are restricted in use to street re- pairs and improvement projects only. The biggest contributor to transportation funds is Gas Tax, fol- lowed by Measure BB. 1 Beginning fund balances are also a major funding source for the CIP. The total estimated beginning fund balance for all capital funds in FY 2023/24 is $47.9 million and represents a cumulative total of unappropriated funds based on prior year revenues from all of the sources discussed in this section. Subsequent estimated beginning fund balances are a combination of prior year beginning fund balances plus estimated revenues less expenditures.