ITEM 15 ATTACHMENT 2 CIP - Laserfiche WebLink

Total capital expenditures and reserves recommended in the first two years of this CIP are ap- proximately $54.0 million for FY 2025/26 and $32.0 million for FY 2026/27 for a total of $86.0 million over the two funded years of the CIP and a total of $221.7 million over all five years. The chart below provides a graphic representation of a comparison of the CIP expenditures and reserves in each of the five years. For FY 2025/26, the reserve projects account for approximately $18.1 million. Other ex- penditures, such as interfund indirect costs and payments to the California State Water Resources Control Board for its State Revolving Fund Loan, total approximately $6.5 million over the five-year period. Comparison of CIP Expenditures and Reserves by Fiscal Year $60,000,000 $53,995,272 $48,684,500 $50,000,000 $42,635,000 $44,328,500 $40,000,000 $32,027,500 $30,000,000 $20,000,000 $10,000,000 $0 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 SUMMARY OF THE MAJOR REVENUE SOURCES Beginning Balances Initial beginning balances are based on FY 2024/25 estimated ending fund balances that will be available July 1, 2025. Subsequent beginning fund balances are a combination of prior year begin- ning fund balances plus estimated revenues less expenditure allocations. The estimated beginning balance, representing the unappropriated amount not counting existing project reserves, for all project categories for this CIP is $63.6 million. While the beginning balances represent funds that have not been specifically appropriated, each beginning fund balance reflects individual funds within each CIP project category, and as such, portions of the fund balances are restricted and ear- marked for specific future uses. As part of the Capital Budget and CIP development process, staff examined the current fiscal year capital budget for all the existing projects and identified a series of budget adjustments based on revised revenue projections and project priorities. These recommended adjustments, presented to the City Council at its April 10, 2025 meeting, focused mainly on capital projects funded by the General Fund. Included in the Proposed Capital Budget and CIP is a comprehensive set of recom- mended adjustments also for other capital funds. It should be noted that fund balance calculations account for these recommended adjustments. City of Pleasanton Capital Improvement Program • FY 2025/26 - FY 2029/30 11