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were never eXl~eeted to be for the futme of the Ci~. It was expected to be in the level of $3 to $5 million dollars. Mayor Pieo pointed out that the City is continuing to fund all the Internal Service Fund Reserves over the next two years. Ms. McKeehan noted that the City of Pleasanton is unique, as compared to other cities, in how it funds capital improvements from the General Fund. This occurred in the early 90's so that the community would not have to rely on development, and Council could make decisions about development without regard for what kind of revenue development brought in. In response to an inquiry by Mr. Brozosky, Ms. McKeehan noted that most cities base the majority of their capital projects on development, or fund it some other way. She pointed out that capital projects come in the form of some type of a general obligation bond or endowments. It does not come from the operating side of the budget. In response to an inquiry by Ms. Ayala, Ms. McKeehan noted that the City started worrying about sustainability in the early 90's. The idea was to completely fund certain types of capital improvements. The City of Pleasanton had the ability to plan ahead and typically, cities do not do this. The pwperty tax rate received, which was higher than the average, has helped the City of Pleasanton, as well as the diverse sales tax generators of the City. She was personally convinced that the City's financial policies have gotten the City where it is today, and will continue to help the City sustain its course. Ms. Ayala expressed her disappointment with regard to the CIP fund'mg for the bypass road, which was not included in the staffreport. Ms. McKeehan noted that Council had allocated $500,000 towards the bypass mad. It is just a matter of which Capital Improvement fund it comes from. Staffhas been looking at the Parks Funds and trying to figure out the best source. She noted that this matter would be brought back to Council shortly. Ms. Rossi pointed out that the bypass road allocation would not be reflected in the year-end report, and would be reflected subsequently. In response to an inquiry by Mr. Brozosky, Ms. Rossi informed him that the City would be about $800,000 under revenue if the one-time income sources were to be removed. She pointed out that $400,00 is for property taxes, $200,00 is for hotel taxes and $200,00 is for development type services. Looking towards the future, Ms. Ayala asked what the increases would be for Zone 7 and DSRSD. Pleasant City Council 9 10/21/03 Minutes