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22
City of Pleasanton
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CITY CLERK
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2007
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061907
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22
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6/15/2007 10:14:46 AM
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6/15/2007 10:05:59 AM
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CITY CLERK
CITY CLERK - TYPE
STAFF REPORTS
DOCUMENT DATE
6/19/2007
DESTRUCT DATE
15 Y
DOCUMENT NO
22
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<br /> <br />15 <br />0% Developer Fees as a Percentage of CIP <br />Financial Resources <br />. <br />0 <br />10 <br />0/ <br />. <br />0 11.1% _. <br /> ~' ~ 8 7% :. 9.4%: <br />5 0% ~ x'~~+, ~ <br />4 <br />Y ~ 7 0% ,~ <br />~ <br />"~~. <br /> s. :~ a~~5aa <br />'~ <br />0.0% ., 6- ..1 i~r~az;? }4 ri ~ ,w s~ f"~;, <br /> FY 2007-08 FY 2008-09 FY 2009-10 FY 2010-11 <br />Grants <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 $80,000 in 2008-09 from a Transportation Development <br />Act grant for constructing accessible ramps and the Pedestrian and Bicycle Lane Master Plan project. <br />Based on experience, additional grant funding may become available as staff continues to pursue a range <br />of project funding opportunities. In addition to the above, staff anticipates receiving a Transportation <br />Improvement Program grant from the Alameda County Congestion Management Agency in fall of this <br />year in the amount of $367,000. If this funding is received, staff intends to apply a portion of it to move <br />the Foothill Road Widening (CIP 995019) project included this CIP from FY 2009 to FY 2008. Staff <br />will provide the Council with an opportunity to review the project and approve the final allocation prior <br />to issuance of the construction for this project. <br />Utility User's Fees <br />The City has historically adjusted sewer and water rates to assure adequate funding of 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 from development activities while replacement/ <br />improvement projects are funded by utility user fees that are transferred from the Water and Sewer <br />Maintenance and Operation funds (M & O) to the CIP for replacement/improvement projects, including <br />debt service. While these funds are not transferable between each other, from time to time, the City <br />Council has approved loans or other financing tools that allow this exchange. All detail regarding the <br />use of this funding is included in the Water and Sewer detailed financial sheets located in the Appendix. <br />Revenue from the water and sewer maintenance and operation fund is as follows: <br />SUMMARY OF UTILITY USER FEES INCLUDED IN THE CIP <br /> FY 2007-08 FY 2008-09 FY 2009-10 FY 2010-11 TOTAL <br />WATER $2,321,179 $2,322,068 $1,969,156 $1,969,440 $8,581,843 <br />SEWER $1,536,651 $1,542,693 $1,515,403 $1,319,759 $5,914,506 <br />OTAL $3,857,830 $3,864,761 $3,484,559 $3,289,199 $14,496,349 <br />
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