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<br />Renovation, Art Acquisition, and a variety of equipment and infrastructure replacement funds. A <br />summary of changes to these funds is detailed in pages 22-24 of the Budget. <br /> <br />Special Revenue Funds <br /> <br />The City has a variety of Special Revenue Funds to account for a variety of purposes funded by <br />revenues restricted for specific functions such as the Community Development Block Grant <br />(CDBG), Lighting and Landscape Districts, combined Livermore Pleasanton Fire Department, <br />and the Lower Income Housing Fund. <br /> <br />The Livermore Pleasanton Fire Department Budget that was approved by the Joint Powers <br />Board will result in an adjustment of a $10,000 decrease in non-personnel cost for the Livermore <br />portion of the budget that has not yet been reflected in the Mid-Term and CIP document. <br /> <br />The City will receive $287,563 in CDBG grant funds for 2006-07 and City Council adopted <br />allocations of this amount at the meeting of April 18, 2006. At the same time, Council approved <br />the use of $66,500 in Lower Income Housing Funds to augment the grant program in 2006-07. <br />Included in the recommended Mid-Year 2005-06 Lower Income Housing Fund is a loan of$1.5 <br />million from CaIHF A to help finance the assisted living units currently under construction. <br /> <br />II. Capital Improvement Proe:ram <br /> <br />As part of the Mid-Term CIP, staff conducted a review of expenditures and available financial <br />resources for FY 2006-07, which is the Program's funded year, and FY 2008 and FY 2009 that <br />are the two unfunded years. <br /> <br />For FY 2006-07, total available <br />financial resources are <br />$31,154,106 and expenditures <br />are estimated at $20,932,682. <br />Total expenditures for the final <br />three years of the CIP are <br />estimated at $43,495,332 with <br />available financial resources <br />estimated at $60,774,358. The <br />ending fund balance is estimated <br />at $19,279,026. As indicated <br />above and in the Mid-Term <br />document, staff did not <br />reprioritize projects except where <br />necessary to reflect City <br />Council's action of March 7, <br /> <br />SR06:153 <br />Page 4 of7 <br /> <br />FY 2006-07 CIP Summary <br /> <br />$10.000.000 <br />$9.000.000 <br />$8,000,000 <br />$7.000.000 <br />$6.000.000 <br />$5.000,000 <br />$4.000,000 <br />$3,000,000 <br />$2,000,000 <br />$1,000,000 <br />$0 <br /> <br /> <br />. Resources <br />. Expenditures <br /> <br />Streets Parks Misc. Water Sewer <br />