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provide $3.1 million in total and would be available to fund 2 years debt service (FY 2010-11 and FY 2011-12) in compliance with policy. Storm Drain Fund - Recommended adjustments of $11,816 to reduce revenues is attributable to adjustments to interest income due to lower than anticipated cash balance in this fund. Cemetery Fund -The recommended adjustment to the Cemetery Fund is to recognize $2,000 of earned interest. This fund is actually comprised of two sub-funds; the Cemetery Operations Fund, and the Pre-Needs Trust Fund. The Cemetery Operations Fund in subsidized by an operating transfer from the General Fund. The Pre-Needs Trust Fund currently has a balance of $60,415 and is the fund that receives an interest income distribution. In addition, the Cemetery account in the Donations fund has a balance of $3,291.06 from various donations. Internal Service Funds Employee Benefit Fund -The Employee Benefit Fund receives revenues from charging an overall percentage on every position to pay for health, dental, vision, and retirement costs. Because the overall personnel costs have been reduced in the General Fund and other funds, both the amount of the charges that go to the Employee Benefit Fund and the expenses for benefits are correspondingly reduced. This recommended adjustment will decrease revenues by $302,312 and decrease expenses by $102,312. Replacement & Renovation Funds - A portion of the changes to revenues for all the Replacement & Renovation Funds is attributable to adjustments to interest income due to actual YTD earnings being slightly higher than originally budgeted and/or changes to the cash balance in each fund. Other recommended adjustments are as follows: • LPFD Replacement Fund - Adjusted planned replacement of LPFD computer/sprinters/servers based on longer replacement cycle and re-prioritized replacement of these assets resulting in shifting 17 planned replacement for FY08 to FY09 and moved 19 items planned for replacement in FY 2008-09 to FY 2007-08, net reduction in planned expenditures for FY08 is $54,980 • Vehicle Replacement Fund - 14 vehicles scheduled for replacement in FY08, were moved out to FY 2008-09 and beyond, based on their mileage and maintenance history resulting in a budget reduction of $365,238. • Equipment Replacement Fund - Pleasanton's share of the 800 MHz regional communications system planned by the EBRCS-JPA was reduced from FY 2007-08 and moved to FY 2008-09 resulting in a budget reduction of $1,632,716. The total amount budgeted for this project is $2.8 million over multiple years. • Facilities Renovation Fund -Renovations/maintenance for Fire Stations 2 and 3, and miscellaneous repairs for the OSC storage building and Training Tower door replacement was moved from FY 2007-08 to FY 2008-09, based on current condition of both buildings, resulting in a budget reduction of a $231,184. Page 6 of 10