Atherton City Council
May 6, 2026

D E F G H I J K
FY 2024/25 Actual FY 2025/26 Proj. FY 2026/27 Proj. FY 2027/28 Proj. FY 2028/29 Proj. FY 2029/30 Proj. FY 2030/31 Proj. Average General Fund Revenue Projections
1 5% Basic Property Tax $ 14,215,784 $ 15,648,000 $ 16,514,500 $ 17,257,653 $ 18,034,247 $ 18,845,788 $ 19,693,848 $ 15,376,449 2 2% Sales Taxes $ 383,728 $ 445,000 $ 450,000 $ 459,000 $ 468,180 $ 477,544 $ 487,094 $ 413,634 3 2% Franchise Fees $ 1,039,187 $ 945,000 $ 984,000 $ 1,003,680 $ 1,023,754 $ 1,044,229 $ 1,065,113 $ 1,005,025 4 2% Business License $ 271,108 $ 298,000 $ 303,960 $ 310,039 $ 316,240 $ 322,565 $ 329,016 $ 291,624 5 3% Planning $ 489,938 $ 520,100 $ 560,100 $ 576,903 $ 594,210 $ 612,036 $ 630,397 $ 478,866 6 3% Building $ 2,264,822 $ 2,747,000 $ 2,792,000 $ 2,875,760 $ 2,962,033 $ 3,050,894 $ 3,142,421 $ 2,392,860 7 2% Police $ 695,785 $ 492,625 $ 523,840 $ 534,317 $ 545,003 $ 555,903 $ 567,021 $ 456,387 8 3% Public Works $ 491,820 $ 720,700 $ 741,700 $ 763,951 $ 786,870 $ 810,476 $ 834,790 $ 651,998 9 2% Park $ 75,240 $ 66,500 $ 104,700 $ 106,794 $ 108,930 $ 111,108 $ 113,331 $ 108,383 10 2% Other/Misc $ 2,908,635 $ 1,827,146 $ 1,939,763 $ 1,978,558 $ 2,018,129 $ 2,058,492 $ 2,099,662 $ 1,942,318 11 Hypothetical GF Revenue Stream $ - $ - $ - $ - $ - $ - $ - $ - 12 4% Excess ERAF $ 2,771,578 $ 3,058,034 $ 2,750,000 $ 2,860,000 $ 2,974,400 $ 3,093,376 $ 3,217,111 $ 2,777,641 13 4% VLF In Lieu $ 1,448,354 $ 1,312,000 $ 1,312,000 $ 1,364,480 $ 1,419,059 $ 1,475,822 $ 1,534,854 $ 1,379,635 14 Bayfront Canal $ - $ - $ - $ - $ - $ - $ 150,000
15 America Rescue Plan $ - $ - $ - $ - $ - $ - $ 213,415 16 $ 27,055,979 $ 28,080,105 $ 28,976,563 $ 30,091,135 $ 31,251,055 $ 32,458,232 $ 33,714,659 $ 27,614,522 General Fund Expenditure Projections
17 5% Operational Expenditures $ (20,871,758) $ (20,696,624) $ (21,627,739) $ (22,709,126) $ (23,844,582) $ (25,036,811) $ (26,288,652) $ (20,228,389) 18 CIP - GF Allocations $ (4,450,000) $ (5,555,000) $ (2,240,000) $ (3,840,000) $ (1,465,000) $ (5,465,000) $ (1,465,000) $ (4,269,399) 19 COP Debt Service $ (861,871) $ (861,871) $ (861,871) $ (861,871) $ (861,871) $ (861,871) $ (861,871) $ (861,871) 20 ARC - OPEB $ - $ - $ - $ - $ - $ - $ (22,802)
21 UAL - CalPERS Pension $ (1,519,569) $ (1,553,376) $ (1,737,092) $ (2,115,000) $ (2,378,000) $ (2,428,000) $ (2,428,000) $ (2,291,456) 22 $ (27,703,198) $ (28,666,871) $ (26,466,702) $ (29,525,997) $ (28,549,453) $ (33,791,682) $ (31,043,523) $ (27,671,384) 23 $ (647,219) $ (586,766) $ 2,509,861 $ 565,138 $ 2,701,601 $ (1,333,450) $ 2,671,136 $ (56,861) 24 $ 12,597,362 $ 11,950,143 $ 11,363,377 $ 13,873,238 $ 14,438,376 $ 17,139,977 $ 15,806,527 $ 13,895,303 25 $ 11,950,143 $ 11,363,377 $ 13,873,238 $ 14,438,376 $ 17,139,977 $ 15,806,527 $ 18,477,663 $ 13,838,441 26 $ (3,358,699) $ (3,337,500) $ (3,504,725) $ (3,723,619) $ (3,933,387) $ (4,119,722) $ (4,307,498) $ (3,381,017) 27 $ (3,358,699) $ (3,337,500) $ (3,504,725) $ (3,723,619) $ (3,933,387) $ (4,119,722) $ (4,307,498) $ (3,381,017) 28 $ 5,232,745 $ 4,688,377 $ 6,863,788 $ 6,991,138 $ 9,273,202 $ 7,567,083 $ 9,862,667 $ 7,076,407 Proj. # Proj. # FY 2025/26 Proj. # FY 2026/27 Proj. # FY 2027/28 Proj. # FY 2028/29 Proj. # FY 2029/30 Proj. # FY 2030/31 Totals 29 Bike/Ped Master Plan 1-A,B $ 250,000 CP2,BP2,BP4 $ 400,000 BP4 $ 250,000 BP4 $ 2,500,000 $ - $ 3,400,000 30 Drainage Master Plan 2-A,B,C $ 735,000 CP3, DR2&DR3 $ 2,325,000 DR1 $ 350,000 DR2 $ 1,500,000 $ - DR3 $ 4,000,000 $ - $ 8,910,000 31 Park Master Plan 3-A,B,C $ 1,950,000 CP4,HPP5 $ 530,000 $ - HPP2 $ 250,000 $ - $ - $ - $ 2,730,000 33 Road Improvement Plan 5 $ 840,000 BL1 $ 840,000 BL1 $ 840,000 BL1 $ 840,000 BL1 $ 840,000 BL1 $ 840,000 $ 840,000 $ 5,040,000 37 Green Infrastructure Plan 2-D $ 175,000 BL3,CP5 $ 160,000 BL3 $ 150,000 BL3 $ 150,000 BL3 $ 150,000 BL3 $ 150,000 $ 150,000 $ 935,000 38 Traffic Safety Improvement 6 $ - CP1,TS1,TS3, $ 1,200,000 TS3 $ 1,000,000 39 Facility Replacement/Improvements/Accessibility 7-A,B,C $ 500,000 BL2,4,5,6,TC1 & TC2, BP7 $ 825,000 BL2,4,5,6, BP7 $ 1,075,000 BL2,4,5,6 $ 475,000 BL2,4,5,6 $ 475,000 BL2,4,5,6 $ 475,000 $ 475,000 $ 3,825,000 40 Long Term Liabilities (Pension UAL) $ 3,000,000
41 Long Term Liabilities (OPEB UAL)
42 COP/Debt Service
44 Potential Grant or Non-General Fund Offsets $ (1,525,000) $ (425,000) $ (2,875,000) $ - $ - $ - $ (4,825,000) 45 Totals $ 5,830,000 $ 7,755,000 $ 2,240,000 $ 3,840,000 $ 1,465,000 $ 5,465,000 $ 1,465,000 $ 20,765,000 46 $ 5,232,745 $ 4,688,377 $ 6,863,788 $ 6,991,138 $ 9,273,202 $ 7,567,083 $ 9,862,667 47 $ 1,119,566 $ 1,112,500 $ 1,168,242 $ 1,241,206 $ 1,311,129 $ 1,373,241 $ 1,435,833 48 PERS UAL $ 21,247,817 $ 21,247,817 $ 17,829,663 $ 17,186,866 $ 16,096,753 $ 14,651,628 $ 13,054,835 $ 11,349,460 49 OPEB UAL $ (1,070,389) $ - $ - $ - $ - $ - $ -
50 COP $ 7,756,842 $ 4,309,357 $ 3,447,486 $ 2,585,615 $ 1,723,744 $ 861,873 $ 2 Master Plans FY 25/26 Offsets FY 26/27 Offsets FY 27/28 Offsets FY 28/29 Offsets FY 29/30 Offsets FY 30/31 Offsets B/P Master Plan Other Sources Library $ 175,000 $ 300,000 $ - $ - $ - $ - Park Master Plan Grants SMCTA/CalTrans/C/CAG $ 200,000 $ 125,000 $ 2,875,000 $ - $ - $ - Drainage Master Plan Other Funds Emp. Benefit,CIP $ 1,150,000 $ - $ - $ - $ - $ - $ 1,525,000 $ 425,000 $ 2,875,000 $ - $ - $ -
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
Long Term Liability
Annual Reserve Requirements
15% Emergency
Available Fund Balance
Set-Aside Buckets
Net Available Fund Balance (After Allocations)
Rec'd Minimum Unallocated Fund Balance (5%)
15% Operational
Att 2