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<br />SUMMARY OF REVENUES AND EXPENDITURES AS DETAILED IN THE CIP
<br />
<br />Revenue Parks Miscellaneous Streets Water Sewer Total % of Total
<br />Be",innin", Balance $676,580 $1,987,640 $2,294,687 $5,562,179 $2,692,326 $13,213,412 19.9%
<br />CIP General Fund $8,000,000 $9,000,000 $3,000,000 N/A N/A $20,000,000 30.1%
<br />Public Facilitv Fees $1,285,000 $1,486,862 N/A N/A N/A $2,771,862 4.2%
<br />City Traffic Development
<br />Impact Fees N/A N/A $2,679,823 N/A N/A $2,679,823 4.0%
<br />In Lieu Park Dedication
<br />Fees $2,587,865 N/A N/A N/A N/A $2,587,865 3.9%
<br />Gas Tax N/A N/A $5,170,000 N/A N/A $5,170,000 7.8%
<br />Measure B N/A N/A $2,468,000 N/A N/A $2,468,000 3.7%
<br />Tri- Valley Transportation
<br />Fees N/A N/A $361,024 N/A N/A $361,024 0.5%
<br />Daugherty Valley
<br />Miti",ation Fees N/A N/A $200,000 N/A N/A $200,000 0.3%
<br />Water Connection Fees N/A N/A N/A $856,030 N/A $856,030 1.3%
<br />Se'Wer Connection Fees N/A N/A N/A N/A $393,252 $393,252 0.6%
<br />Utility Maintenance
<br />Transfers N/A N/A N/A $9,696,543 $5,954,741 $15,651,284 23.5%
<br />Grants $660,000 $0 $0 $0 $0 $660,000 1.0%
<br />Developer Contributions $0 $0 $0 $0 $0 $0 0.0%
<br />Interest $1,021,000 $678,600 $969,000 $607,000 $403,000 $3,678,600 5.5%
<br />Transfers In/Out $0 ($1,591,620) ($409,460) ($1,046,204) ($90 1,500) ($3,948,784)
<br />Other $0 $0 $40,000 $0 $0 $40,000 0.1%
<br />Total $14,230,445 $11,561,482 $16,773,074 $15,675,548 $8,541,819 $66,782,368
<br />Less Development Fee
<br />Transfers to Subsequent
<br />Years ($9,707) ($84,940) ($126,627) ($25,200) ($11,384) ($257,858)
<br />Total Available Funding $14,220,738 $11,476,542 $16,646,447 $15,650,348 $8,530,435 $66,524,510
<br />CIP Exnenditures $14,158,683 $11,191,982 $13,041,024 $7,256,000 $6,171,726 $51,819,415
<br />Ending Balance $62,055 $284,560 $3,605,423 $8,394,348 $2,358,709 $14,705,095
<br />
<br />As part of the CIP revieW', and in subsequent meetings regarding major capital improvement
<br />projects, the Council expressed an interest in establishing policy or criteria for funding future
<br />CIP projects. The need for this action is based on a number of concems including assuring that
<br />future projects are consistent W'ith Council priorities and establishing a process for maximizing
<br />the use of future CIP revenues.
<br />
<br />Because Water and SeW'er projects are funded W'ith enterprise related revenue, debt service,
<br />developer contributions and dedicated connection fees, they are self-sustaining and a detailed
<br />priority system, at this time, is unnecessary. Street projects are funded primarily W'ith gas taxes
<br />and highW'ay related revenue, City Traffic Impact Fees and the CIP General Fund. While the
<br />General Fund W'ill provide approximately $3,000,000 (18%) of Streets funding over the next
<br />four years, it functions primarily to augment street maintenance and as such, it should remain
<br />
<br />SR:05 :312
<br />Page 3
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