Atherton City Council
May 7, 2025

A B C D E F G H I H
FY 2021/22 (Actual) FY 2022/23 Actual FY 2023/24 Actual FY 2024/25 Estimate FY 2025/26 Proj. FY 2026/27 Proj. FY 2027/28 Proj. FY 2028/29 Proj. FY 2029/30 Proj. Average General Fund Revenue Projections
1 5% Basic Property Tax $ 11,968,447 $ 12,368,980 $ 13,534,643 $ 14,732,117 $ 15,548,500 $ 16,248,183 $ 16,979,351 $ 17,743,421 $ 18,541,875 $ 15,296,169 2 2% Sales Taxes $ 305,010 $ 300,138 $ 434,106 $ 487,400 $ 529,000 $ 539,580 $ 550,372 $ 561,379 $ 572,607 $ 475,510 3 2% Franchise Fees $ 969,422 $ 1,063,409 $ 972,543 $ 1,025,774 $ 906,000 $ 924,120 $ 942,602 $ 961,454 $ 980,684 $ 971,779 4 2% Business License $ 253,779 $ 269,739 $ 279,184 $ 290,000 $ 298,000 $ 303,960 $ 310,039 $ 316,240 $ 322,565 $ 293,723 5 3% Planning $ 289,279 $ 321,042 $ 346,190 $ 435,300 $ 520,300 $ 535,909 $ 551,986 $ 568,546 $ 585,602 $ 461,573 6 3% Building $ 1,680,961 $ 1,506,988 $ 1,655,279 $ 2,395,200 $ 2,449,400 $ 2,522,882 $ 2,598,568 $ 2,676,526 $ 2,756,821 $ 2,249,181 7 2% Police $ 131,111 $ 162,541 $ 466,361 $ 541,092 $ 548,750 $ 559,725 $ 570,920 $ 582,338 $ 593,985 $ 461,869 8 3% Public Works $ 626,910 $ 457,981 $ 467,571 $ 615,700 $ 685,700 $ 706,271 $ 727,459 $ 749,283 $ 771,761 $ 645,404 9 2% Park $ 164,392 $ 176,322 $ 61,462 $ 66,500 $ 79,700 $ 81,294 $ 82,920 $ 84,578 $ 86,270 $ 98,160 10 2% Other/Misc $ 573,859 $ 1,597,984 $ 2,578,297 $ 1,427,783 $ 1,268,216 $ 1,293,580 $ 1,319,452 $ 1,345,841 $ 1,372,758 $ 1,419,752 11 Hypothetical GF Revenue Stream $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - 12 4% Excess ERAF $ 2,488,713 $ 2,339,064 $ 2,663,605 $ 2,771,578 $ 2,500,000 $ 2,600,000 $ 2,704,000 $ 2,812,160 $ 2,924,646 $ 2,644,863 13 4% VLF In Lieu $ 1,264,027 $ 1,873,858 $ 947,113 $ 1,433,225 $ 1,836,000 $ 1,909,440 $ 1,985,818 $ 2,065,250 $ 2,147,860 $ 1,718,066 14 Bayfront Canal $ 1,350,000 $ - $ - $ - $ - $ - $ - $ - $ - $ 150,000 15 America Rescue Plan $ 1,707,322 $ - $ - $ - $ - $ - $ - $ - $ 213,415 16 $ 23,773,232 $ 22,438,046 $ 24,406,354 $ 26,221,669 $ 27,169,566 $ 28,224,944 $ 29,323,487 $ 30,467,017 $ 31,657,434 $ 27,075,750 General Fund Expenditure Projections
17 5% Operational Expenditures $ (14,070,510) $ (15,572,591) $ (17,625,758) $ (19,031,302) $ (20,170,200) $ (21,178,710) $ (22,237,646) $ (23,349,528) $ (24,517,004) $ (19,750,361) 18 CIP - GF Allocations $ (4,990,557) $ (4,529,037) $ (5,890,000) $ (4,450,000) $ (4,700,000) $ (1,565,000) $ (1,565,000) $ (1,565,000) $ (1,565,000) $ (3,424,399) 19 COP Debt Service $ (861,871) $ (861,871) $ (861,871) $ (861,871) $ (861,871) $ (861,871) $ (861,871) $ (861,871) $ (861,871) $ (861,871) 20 ARC - OPEB $ (182,419) $ - $ - $ - $ - $ - $ - $ - $ (22,802) 21 UAL - CalPERS Pension $ (6,400,819) $ (1,268,243) $ (1,223,001) $ (1,519,569) $ (1,839,866) $ (1,990,000) $ (2,115,000) $ (2,378,000) $ (2,428,000) $ (2,351,389) 22 $ (26,506,176) $ (22,231,743) $ (25,600,630) $ (25,862,742) $ (27,571,937) $ (25,595,581) $ (26,779,517) $ (28,154,399) $ (29,371,875) $ (26,408,289) 23 $ (2,732,944) $ 206,303 $ (1,194,276) $ 358,927 $ (402,371) $ 2,629,363 $ 2,543,970 $ 2,312,618 $ 2,285,559 $ 667,461 24 $ 16,318,279 $ 13,585,335 $ 13,791,638 $ 12,597,362 $ 12,956,289 $ 12,553,918 $ 15,183,281 $ 17,727,251 $ 20,039,869 $ 14,972,580 25 $ 13,585,335 $ 13,791,638 $ 12,597,362 $ 12,956,289 $ 12,553,918 $ 15,183,281 $ 17,727,251 $ 20,039,869 $ 22,325,428 $ 15,640,041 26 $ (3,098,062) $ (2,526,125) $ (2,827,314) $ (3,082,631) $ (3,301,510) $ (3,475,307) $ (3,652,897) $ (3,859,129) $ (4,041,751) $ (3,318,303) 27 $ (3,098,062) $ (2,526,125) $ (2,827,314) $ (3,082,631) $ (3,301,510) $ (3,475,307) $ (3,652,897) $ (3,859,129) $ (4,041,751) $ (3,318,303) 28 $ 7,389,211 $ 8,739,387 $ 6,942,734 $ 6,791,027 $ 5,950,898 $ 8,232,668 $ 10,421,457 $ 12,321,610 $ 14,241,927 $ 9,003,435 Proj. # Proj. # Proj. # Proj. # Proj. # Totals
29 Bike/Ped Master Plan $ 25,000 $ 650,000 $ 1,250,000 1-A,B $ 250,000 CP2 $ 50,000 $ - $ 300,000 30 Drainage Master Plan $ 1,350,000 $ 550,000 $ 2,825,000 2-A,B,C $ 735,000 CP3 $ 1,500,000 $ - $ - $ - $ - $ 2,235,000 31 Park Master Plan $ - $ 1,700,000 $ 200,000 3-A,B,C $ 1,950,000 CP4 $ 350,000 $ - $ - $ - $ 2,300,000 32 Federal Funding (Eschoo) Grant $ - $ 600,000 $ 75,000 4 $ 1,380,000 $ - $ - $ - $ 1,380,000 33 Road Improvement Plan $ 1,125,000 $ 1,500,000 $ 840,000 5 $ 840,000 BL1 $ 840,000 BL1 $ 840,000 BL1 $ 840,000 BL1 $ 840,000 BL1 $ 840,000 BL1 $ 4,200,000 37 Green Infrastructure Plan $ 140,000 $ 300,000 $ 200,000 2-D $ 175,000 BL3,CP5 $ 160,000 BL3 $ 150,000 BL3 $ 150,000 BL3 $ 150,000 BL3 $ 150,000 $ 785,000 38 Traffic Safety Improvement 6 $ - CP1 $ 1,150,000
39 Facility Replacement/Improvements/Accessibility $ 500,000 7-A,B,C $ 500,000 BL2,4,5,6 $ 650,000 BL2,4,5,6 $ 575,000 BL2,4,5,6 $ 575,000 BL2,4,5,6 $ 575,000 BL2,4,5,6 $ 575,000 40 Long Term Liabilities (Pension UAL) $ 5,000,000
41 Long Term Liabilities (OPEB UAL)
42 COP/Debt Service
43 Affordable Housing Allocation $ -
44 $ - $ - $ -
45 Totals $ 7,640,000 $ 5,300,000 $ 5,890,000 $ 5,830,000 $ 4,700,000 $ 1,565,000 $ 1,565,000 $ 1,565,000 $ 1,565,000 $ 15,225,000 46 $ 7,389,211 $ 8,739,387 $ 6,942,734 $ 6,791,027 $ 5,950,898 $ 8,232,668 $ 10,421,457 $ 12,321,610 $ 12,676,927 47 $ 1,032,687 $ 842,042 $ 942,438 $ 1,027,544 $ 1,100,503 $ 1,158,436 $ 1,217,632 $ 1,286,376 $ 1,347,250 48 PERS UAL $ 19,018,949 $ 17,750,706 $ 16,527,705 $ 15,008,136 $ 13,168,270 $ 11,178,270 $ 9,063,270 $ 6,685,270 $ 4,257,270 49 OPEB UAL $ (510,276) $ - $ - $ - $ - $ - $ - $ - $ - $ - 50 COP $ 7,756,842 $ 6,894,971 $ 6,033,099 $ 5,171,228 $ 4,309,357 $ 3,447,486 $ 2,585,615 $ 1,723,744 $ 861,873 $ 2 Long Term Liability
Annual Reserve Requirements
15% Emergency
Available Fund Balance
Set-Aside Buckets
Net Available Fund Balance (After Set-Asides)
Rec'd Minimum Unallocated Fund Balance (5%)
15% Operational
Total General Fund Expenditures
Net
Beginning General Fund Balance
Net Beginning General Fund Balance
Out Year Financial Planning Tool
Major Revenues
At Risk/One-Time Revenue
Total General Fund Revenues
Major Expenditures
ATTACHMENT 3