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SUPPLEMENTAL MATERIAL <br />5 <br />A. EPS’ scope of work was to conduct a fiscal impact analysis (FIA), which <br />evaluated on-going/annual revenues and costs associated with the East <br />Pleasanton residential projects: i.e., the balance between new revenues <br />(property tax and sales tax) versus the costs of providing services to new <br />residents of the projects. The FIA does not consider one-time, capital project <br />costs of building new infrastructure, but does wrap services such as streets <br />maintenance into its analysis, to the extent those are part of the per capita <br />“service” costs for existing and future residents and paid through the General <br />Fund. <br />With respect to new infrastructure, City staff is continuing to evaluate the <br />costs of new infrastructure, including El Charro Road, and to assess how <br />those costs should be assigned to East Pleasanton developments <br />contributing to the demand for improvements. The analysis will be based on <br />the general principle that new development is required to pay for any new <br />infrastructure needed to serve it. In the case of El Charro, because the road <br />partially addresses citywide traffic, there is likely to be a need for the City to <br />absorb at least a share of the total construction costs. <br />It is noted that, if the East Lakes and Arroyo Lago projects proceed in <br />Alameda County, traffic congestion (which construction of El Charro would <br />help mitigate) would still be contributed to the City road network, and the City <br />would have no mechanism to require either project to contribute to the costs <br />of construction, contribute impact fees, or implement other improvements <br />within Pleasanton to alleviate that congestion.