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available revenue from preceding yeazs and from development revenue collected in the previous year
<br />which is being programmed for FY 1999/00. An identification of beginning balances by revenue source
<br />is included in Section 1 of the Appendix.
<br />State and Local Gas Tax and Highway Related Revenue
<br />Gas tax revenues aze allocated annually to cities on a state-wide allocation formula which is based
<br />primarily on a city's population. These funds can be used for new construction or the repair and
<br />maintenance of existing street systems or street lighting.
<br />It is estimated that a total of $1,145,500 of gas tax revenue will be received in FY 1999/00 as compazed
<br />to the $1,146,500 estimated amount from this source in FY 1998/99. For FY 2000/01, gas tax revenue is
<br />estimated at $1,168,260. The five yeaz projections of new gas tax revenue is $7,348,758. A total of
<br />$1,389,060 in Measure B revenue is also expected during the first four yeazs of the program and
<br />included in the gas tax totals listed on the preceding table. No Measure B revenue is projected for the
<br />final year of the program due to the scheduled termination of this revenue source.
<br />In addition to gas tax and Measure B revenue, the streets program is also funded through additional
<br />sources including $5,373,300 from Federal Government's Transportation Enhancement Act for the 21st
<br />Century (TEA21) Program (discussed later), $1,624,955 from developer contributions, and $4,048,898
<br />from the City's traffic development fee. In total, the CIP includes $26,580,250 over five yeazs for street
<br />projects. The use of these funds is detailed in Section 1 of the Appendix.
<br />Finally, though not included in the CIP, staff estimates that the City's 20% share of the Tri-Valley
<br />Transportation Development Fee will generate approximately $324,000 during the five yeazs of this
<br />program. This revenue has not been included in the CIP because the fee projections aze not yet
<br />finalized. At this time, the Council has not yet established a high priority project that will be funded
<br />from this source.
<br />Construction and Development Related Revenues
<br />This category of revenue consists of fees collected by the City to offset the impact of new development.
<br />The four major sources and expected revenue from these sources aze as follows:
<br />DEVELOPMENT-RELATED FEES/CONTRIBUTIONS
<br /> FY 1999/00 FY 2000/Ol FY 2001/02 FY 2002/03 FY 2003/04 TOTAL
<br />PUBLIC FACILITY FEE $$$2,034 $300,200 $384,735 $298,000 $202,959 $2,067,928
<br />TRAFFIC
<br />DEVELOPMENT FEE $1,887,533 $556,370 $824,793 $537,304 $242,898 $4,048,898
<br />WATER CONNECTION
<br />FEE $292,221 $91,095 $107,776 $89,646 $71,179 $651,916
<br />SEWER CONNECTION
<br />FEE $214,781 $68,365 $86,264 $60,761 $37,026 $467,197
<br />TOTAL $3,276,569 $1,016,030 $1,403,568 $985,711 $554,062 $7,235,939
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