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31St, an overall decrease in grant and subvention revenue that reflects updated information, and a $353,936 increase in projected interest income earnings. • Expenditure budget transfers between projects due mostly to the close out of completed projects that were accepted by the City Council. • A total $3,613,613 increase in projected expenditures. This includes the $4,000,000 increase in expenditures for the I-580 HOV Lanes project, a $299,820 decrease in expenditures due to the close out of the Vineyard Rubberized Asphalt and Median Improvements project and an $86,567 decrease due to the closeout of other various completed projects. • The net effect of the Mid-Year amendments is a $588,964 increase to the estimated Streets CIP ending fund balance. The Parks CIP on pages B-4 to B-5 reflects: • An adjustment to the projected revenues from Park In-Lieu Fees to reflect the actual fees collected through December 31st, a $500,000 donation from the Kane family, a $42,297 developer contribution from Heartwood Investors for the Callippe Pedestrian Trail project, a $10,000 increase in grant funding and a $570,000 increase in projected interest income earnings. • A $500,000 transfer to the Miscellaneous CIP CIPR (Capital Improvement Program Reserve). • A total $616,957 increase in projected expenditures. This includes the $500,000 expenditure for the Marilyn Murphy Kane Trail on the Bernal property, the $42,297 expenditure for the Callippe Pedestrian Trail project and $74,660 in other increases. • The net effect of the Mid-Year amendments is a $567,517 increase to the estimated Parks CIP ending fund balance. The Miscellaneous CIP on pages B-6 to B-7 reflects: • An adjustment to the projected revenues from Public Facilities Fees to reflect the actual fees collected through December 31st and a $520,000 increase in projected interest income earnings. • A $500,000 transfer from the Parks CIP into the CIPR (Capital Improvement Program Reserve) and a $561,961 increase in the transfer from the Pleasanton Joint Powers Financing Authority to be used for the North Pleasanton and Downtown Improvements Reserve. • A total $933,924 increase in projected expenditures. This includes a $1,068,205 increase to the CIPR project which is offset by $134,281 decrease in expenditures due to the closing out of completed projects. • The net effect of the Mid-Year amendments is a $705,823 increase to the estimated Miscellaneous CIP ending fund balance. Page 9 of 10