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Page 6 of 8 $373,000 based on increased DSRSD fees, additional service costs for CMMS support, GIS and CCTV software updates, and higher than anticipated hybrid truck costs. The result of this adjustment is an estimated ending fund balance of $7.1 million which equals 39.3 percent of FY 2023/24 operating expenses. The City’s policy requires reserves equal to a minimum of 30.0 percent, a maximum of 40.0 percent and a target of 35.0 percent. Table 6. Sewer Operations and Maintenance Fund Overview Golf Operating Enterprise Fund – An increase of $77,000 in the Golf Operating Fund to account for additional water costs is recommended. Special Revenue Funds Recommended changes to special revenue funds include 1) increasing revenue estimates by $150,000, transfer estimates by $200,000, and expenditure estimates by $45,000 all in the Bernal Community Park Donation Fund based on prior year actuals; 2) increasing expenditure estimates by $475,000 in the Community Access Television Fund for the city council chamber remodel project; 3) increasing expenditures in the Low Income Housing Fund and HOME Program Fund by $91,000 and $241,000, respectively, for a loan expense to Tri-Valley REACH as well as financial grant payment; 4) increasing expenditures by $150,000 in the Hacienda Business Park Owners Association Maintenance Fund based on estimated maintenance and repair costs for work performed by Vista Universal in Hacienda; 5) increasing revenues by $600,000 in the Operating Developer Contribution Fund based on higher year-to-date developer contributions; 6) increasing expenditure by $23,000 in the Laurel Creek Geologic Hazard Abatement District Fund for additional costs associated with storm damage and landslide repairs; 7) increasing expenditure by $60,000 in the Business Support Fund for the Downtown Parklet Grant Program; and 8) increasing revenues and expenditures in the Opioid Settlement Funds by $56,000 and $50,000, respectively. Capital Funds Recommended changes include revenue adjustments in the Gas Tax Fund, decreasing by $174,000 collectively based on updated projections from the League of California Cities, which uses the California Department of Finance’s latest numbers; and transfer adjustments in various funds, increasing by $191,000 into the Miscellaneous CIP Fund, $200,000 into the Park CIP Fund, $55,000 into the Water CIP Fund, and $435,000 into the Recycled Water Capital Fund. Repair and Replacement Funds Page 197 of 228