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Grants
<br />
<br />Grant and loans from state and federal agencies continue to play an important role in funding City
<br />programs and services, and this CIP includes $40,000 in 2006-07 from a Transportation Development
<br />Act grant for constructing accessible ramps. Based on experience, additional grant funding may become
<br />available as staff continues to pursue a range of project funding opportunities.
<br />
<br />Utility User's Fees
<br />
<br />The City has historically adjusted sewer and water rates to assure adequate funding for Sewer and Water
<br />replacement and improvement projects. To show the availability of Sewer and Water replacement funds,
<br />the water and sewer program is divided into expansion and replacement/improvement projects.
<br />Expansion projects are those funded by connection fees for development activities while replacement
<br />and improvement projects are funded by utility user fees that are transferred from the water and sewer
<br />maintenance and operation funds to the CIP for replacement/improvement projects, including debt
<br />service. The funds are not transferable between each other. Although from time to time, loans may
<br />occur between these funds to meet immediate project needs. All water and sewer detail is included in
<br />Section I of the Appendix. Revenue from the water and sewer maintenance and operation fund is as
<br />follows:
<br />
<br />SUMMARY OF UTILITY USER FEES INCLUDED IN THE CIP
<br />
<br /> FY 2005-06 FY 2006-07 FY 2007-08 FY 2008-09 TOTAL
<br />WATER $2,335,137 $2,423,173 $2,321,173 $2,422,059 $9,501,524
<br />IEWER $1,441,157 $1,434,240 $1,536,651 $1,542,693 $5,954,741
<br />rOTAL $3,776,294 $3,857,413 $3,857,824 $3,964,752 $15,456,283
<br />
<br />Transfers from the General Fund
<br />
<br />This CIP includes a transfer of $5,000,000 from the General Fund in each year of the CIP for a total of
<br />$20 million. This funding is used for projects in the Streets, Parks and Miscellaneous programs
<br />including the Civic Center Site Improvement Reserve, debt service, Kottinger Creek Restoration, Bemal
<br />Creek Restoration, Bemal Property Improvements, Expansion of the Aquatic Center and Annual Street
<br />Resurfacing. With the exception of 2005-06, annual funding is allocated $1 million to Streets, $2 million
<br />Parks and $2 million Miscellaneous. For 2005-06, Miscellaneous is allocated $3 million to
<br />accommodate an $800,000 allocation to the Kottinger Creek Restoration project, the Citywide Survey
<br />Monument Benchmarking and the Soundwall Replacement at the South Side of Stoneridge Drive
<br />project. General Funds are not allocated to Streets in 2005-06 reflecting the availability of an existing
<br />beginning balance of $1.5 million in the Streets program.
<br />
<br />Since beginning these transfers in FY1998, the General Fund's contribution has been divided into
<br />two components. The first component is an annual ongoing contribution intended to remain
<br />somewhat constant through build-out. The goal of this component is to eventually create a stable
<br />contribution of approximately $5 million annually. The initial annual contribution from this
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