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The three tables included below provide a general summary of revenues, transfers and
<br />expenditures by project category and funding source.
<br />TABLE I
<br />Projected Available Annual Financial Resources
<br />FY 2008-09FY 2009-10FY 2010-11 TOTAL
<br />STREETS
<br />$8,227,769$6,207,606$6,584,044 $17,446,604
<br />PARKS
<br />$3,804,412$1,425,136$654,585 $5,680,141
<br />MISCELLANEOUS
<br />$6,252,023$4,280,171$4,542,688 $13,579,649
<br />WATER
<br />$6,292,216$7,092,643$8,531,328 $10,121,328
<br />SEWER
<br />$2,017,887$2,594,043$3,379,270 $4,209,270
<br />TOTAL
<br />$26,594,307$21,599,599$23,691,915 $51,036,992
<br />* To accurately reflect that amount of financial resources available each year by category, the above
<br />annual dollar amounts include all available resources for each year including beginning and recurring
<br />fund balances. However, the “TOTAL” column has been adjusted to reflect removal of these transfers
<br />and the recurring fund balances. As a result, the “TOTAL” column does not equal the sum of the
<br />individual years.
<br />TABLE II
<br />Recommended Expenditures
<br />FY 2008-09FY 2009-10FY 2010-11 TOTAL
<br />STREETS
<br />$6,926,305$3,936,255$3,482,083 $14,344,643
<br />PARKS
<br />$3,702,416$1,323,140$523,468 $5,549,024
<br />MISCELLANEOUS
<br />$5,521,961$3,515,000$3,738,000 $12,774,961
<br />WATER
<br />$1,075,000$515,000$875,000 $2,465,000
<br />SEWER
<br />$410,000$420,000$410,000 $1,240,000
<br />TOTAL
<br />$17,635,682$9,709,395$9,028,551 $36,373,628
<br />TABLE III
<br />MID-TERM CIP SOURCES OF FINANCIAL RESOURCES, EXPENDITURES AND FUND BALANCES
<br />FY 2008-09 FY 2009-10 FY 2010-11 TOTAL
<br />Beginning Balances $14,322,422$8,958,625$11,890,204 $14,322,422
<br />Gas Tax and Measure B $2,112,090$2,112,090$2,112,090 $6,336,270
<br />Development Related Fees* $2,024,748$903,247$1,966,708 $4,894,703
<br />Grants and Miscellaneous $701,876$1,093,330$1,132,807 $2,928,013
<br />Utility Connection Fees $137,916$98,506$160,520 $396,942
<br />Annual General Fund $5,000,000$5,000,000$5,000,000 $15,000,000
<br />One-Time General Fund Contribution
<br />$3,000,00000$3,000,000
<br />to CIP
<br />Transfers from Other Funds** $4,039,752$3,559,549$3,464,188 $11,063,489
<br />Interest$600,000$528,000$528,000 $1,656,000
<br />Financial Resources
<br />$31,938,804$22,253,347$26,254,517 $59,597,839
<br />City Development Related Fees
<br />($2,045,172)($884,585)($2,065,145) ($4,994,902)
<br />Transferred to Next Fiscal Year
<br />City Development Related Fees
<br />0$2,045,172$884,585 $2,929,757
<br />Transferred from Prior Fiscal Year
<br />Transfer to Other Funds ($3,299,325)($1,814,335)($1,382,042) ($6,495,702)
<br />Total Financial Resources Available
<br />$26,594,307$21,599,599$23,691,915 $51,036,992
<br />Expenditures
<br />$17,635,682$9,709,395$9,028,551 $36,373,628
<br />Ending Balance
<br />$8,958,625$11,890,204$14,663,364 $14,663,364
<br />*
<br />Represents fees projected to be collected during the calendar year. As an example, FY2008-09 fees are
<br />projected to be collected in calendar year 2008 and will be used for FY 2009-10.
<br />** Includes transfers from the Water and Sewer Maintenance and Operation Fund
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