May-26
Infrastructure, Facilities and Equipment Spending Plan ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL CARRYFORWARD ESTIMATED PROPOSED AMENDED ESTIMATED One-half cent Sales Tax Revenues over 10 year period FROM CHANGES Original April 2026 Revision Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Total 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2024-25 2025-26 2025-26 2025-26 2026-27 10 Year Term (1 Qtr Only) (3 Qtrs Only)
Estimated Revenues:
A Estimated 1/2 cent Sales Tax Revenues 3,906,919$ 18,161,109 $ 20,016,492 $ 20,037,276 $ 23,629,265 $ 27,402,122 $ 28,286,339 $ 29,183,788 $ 29,405,839 $ - $ 30,464,372$ - $ 30,464,372$ 23,176,548 $ 253,670,070 $ ESTIMATED TOTAL REVENUES 3,906,919$ 18,161,109 $ 20,016,492 $ 20,037,276 $ 23,629,265 $ 27,402,122 $ 28,286,339 $ 29,183,788 $ 29,405,839 $ - $ 30,464,372$ - $ 30,464,372$ 23,176,548 $ 253,670,070 $ Proposed Expenditures
B Fire Vehicles 113,625 2,194,778 2,664,797 479,970 199,567 1,839,574 93,976 224,793 1,925,843 4,389,924 118,700 - 118,700 810,050 15,055,598 C Police Vehicles 168,703 1,820,542 712,253 708,702 1,610,594 432,693 842,282 1,580,229 1,620,724 244,290 2,794,317 - 2,794,317 633,733 13,169,062 Total Public Safety Vehicles 282,328 4,015,321 3,377,049 1,188,672 1,810,161 2,272,267 936,258 1,805,022 3,546,567 4,634,215 2,913,017 - 2,913,017 1,443,783 28,224,660 D Non-Safety City Vehicles (i.e. Public Works Crews) - 1,167,612 1,850,083 1,475,709 483,410 2,182,186 2,381,972 1,876,175 518,290 449,663 - - - - 12,385,100 E Fleet Infrastructure - 56,070 - - - 67,980 21,503 822,816 23,822 103,879 - - - - 1,096,070 Total Non-Safety City Vehicles - 1,223,682 1,850,083 1,475,709 483,410 2,250,166 2,403,475 2,698,991 542,112 553,541 - - - - 13,481,170 F Fire Equipment (i.e. breathing apparatus, Radios etc) 175,064 180,745 108,045 200,738 114,933 161,044 9,588 15,999 416,549 632,868 1,435,251 - 1,435,251 1,747,090 5,197,914 G Police Equipment (i.e. body worn cameras, video camera equip etc) - - 160,012 13,154 2,188 5,217 5,724 40,294 - 247,251 32,739 - 32,739 37,739 544,318 H Police Communications & Dispatch System 17,660 - - 192,298 205,459 214,299 194,862 204,466 418,996 719,372 570,338 - 570,338 581,385 3,319,135 Total Public Safety Equipment 192,724 180,745 268,057 406,190 322,580 380,560 210,174 260,759 835,545 1,599,491 2,038,328 - 2,038,328 2,366,214 9,061,367 I Fire Station Repair/Replacements 10,911 96,146 540,536 6,741,560 13,905,904 922,282 208,316 4,915,041 2,828,542 769,197 - - - - 30,938,436 J Police Facility Repairs 8,760 252,117 398,400 62,780 107,797 319,509 104,474 51,157 75,609 21,319,813 - - - - 22,700,416 Total Public Safety Buildings 19,671 348,263 938,936 6,804,339 14,013,701 1,241,792 312,790 4,966,198 2,904,151 22,089,010 - - - - 53,638,852 K Homeless Encampment Cleanup - - - - - - - - - 1,000,000 - - - - 1,000,000 Total Other Public Safety - - - - - - - - - 1,000,000 - - - - 1,000,000 L Recreation Centers and Senior Center - 86,046 505,371 2,172,625 1,688,383 8,026,991 13,516,500 134,631 1,860,126 1,161,240 - - - - 29,151,914 M Civic Center and South Chula Vista Libraries - 276,021 954,361 375,889 110,420 293,830 677,135 20,774 64,833 2,014,014 - - - - 4,787,277 N Other Public Facilities (i.e. Animal Care Facility & Living Coast DC) 4 - 121,025 947,312 1,001,856 1,421,030 616,523 410,814 446,260 2,276,800 5,187,452 133,333 1,714,367 1,847,700 133,334 14,410,106 Total Other Public Facilities - 483,092 2,407,045 3,550,369 3,219,832 8,937,345 14,604,450 601,665 4,201,760 8,362,705 133,333 1,714,367 1,847,700 133,334 48,349,297 O Sports Courts and Fields 73,718 285,032 392,251 12,357 70,875 - 572,748 - 539,291 1,419,101 - - - 3,365,373 P Park Infrastructure 111,901 397,665 844,649 745,476 2,015,565 1,467,307 996,945 1,269,842 2,122,741 5,865,297 1,000,000 - 1,000,000 500,000 17,337,389 Q Street Pavement (Arterials/Collectors/Residential) 340,555 2,352,546 5,088,793 12,187,144 673,131 712 13,162 2,354 - 2,247,912 - - - - 22,906,309 R Traffic Signal System (Fiber Network) - 99,100 161,435 113,651 273,909 1,841,639 2,745,416 221,168 - 1,518,683 25,000 - 25,000 - 7,000,000 S Other Public Infrastructure (Storm Drains, Sidewalks, Trees etc) - 680,147 4,024,021 5,650,017 1,150,128 1,510,083 735,538 254,832 852,507 10,703,366 2,226,813 - 2,226,813 - 27,787,453 T Citywide Network Replacement - 1,693,275 314,997 74,062 - - - - 13,594 674,783 129,986 - 129,986 2,900,697 U Citywide Telecommunications - 1,498,400 299,683 79,283 26,895 1,634,978 - - - - - - - - 3,539,239 Total Infrastructure 526,174 7,006,165 11,125,830 18,861,989 4,210,504 6,454,719 5,063,809 1,748,196 3,528,132 22,429,142 3,381,799 - 3,381,799 500,000 84,836,460 Projects to be Financed through Annual Capital Lease Payments V Police Communications & Dispatch System - 256,616 - 170,238 170,238 170,238 170,238 170,238 (34,228) 1 170,238 - 170,238 - 1,243,819 W Regional Communications System (RCS) 1,383,113 507,115 345,261 345,261 345,261 345,261 345,261 345,261 345,261 (294,550) - - - - 4,012,503 X Fire Response Vehicles - 382,121 382,121 382,121 382,122 759,824 759,824 759,824 759,824 40,353 780,000 - 780,000 137,950 5,526,083 Total Public Safety Capital Lease Pmts 1,383,113 1,145,851 727,382 897,620 897,621 1,275,323 1,275,323 1,275,323 1,070,857 (254,196) 950,238 - 950,238 137,950 10,782,406 TOTAL EXPENDITURES 2,404,011 14,403,119 20,694,382 33,184,889 24,957,809 22,812,172 24,806,279 13,356,154 16,629,124 60,413,909 9,416,715 1,714,367 11,131,082 4,581,281 249,374,212 Bond Proceeds:
Y Bond Proceeds - 71,363,509 - - - - - - - - - - - - 71,363,509 Z Cost of Issuance (46,843) (554,723) (2,000) (2,000) (6,000) (4,000) (4,000) (4,200) (4,266) - - - - (628,032) TOTAL BOND PROCEEDS (46,843) 70,808,786 (2,000) (2,000) (6,000) (4,000) (4,000) (4,200) (4,266) - - - - - 70,735,477 Investment Earnings:
AA Investment Earnings - 936,155 1,711,589 1,648,047 (86,862) 496,830 531,941 799,940 1,184,961 - - - - 7,222,600 TOTAL INVESTMENT EARNINGS 2, 3
- 936,155 1,711,589 1,648,047 (86,862) 496,830 531,941 799,940 1,184,961 - - - - - 7,222,600 Misc. Revenues:
AB Miscellaneous Revenues - 58 152,440 80,150 3,038 3,153 468 108,745 156,067 - - - - 504,118 TOTAL MISCELLANEOUS REVENUES - 58 152,440 80,150 3,038 3,153 468 108,745 156,067 - - - - - 504,118 Bond Debt Service:
AC Debt Service Principal - 5,550,000 5,330,000 5,605,000 5,885,000 7,159,621 6,999,403 6,837,433 6,994,686 - 6,810,000 6,810,000 7,150,000 64,321,143 AD Debt Service Interest - 2,324,334 2,790,250 2,523,750 2,243,500 974,625 805,900 665,168 506,220 - 698,000 698,000 357,500 13,889,248 TOTAL DEBT SERVICE - 7,874,334 8,120,250 8,128,750 8,128,500 8,134,246 7,805,303 7,502,601 7,500,906 - 7,508,000 - 7,508,000 7,507,500 78,210,390 Administrative Expenses:
AE Audit/Admin - 5,000 5,150 - 16,364 14,318 42,226 14,854 159,839 350,925 25,000 25,000 25,750 659,425 AF Bond Administration - 4,666 5,093 6,852 5,752 6,037 2,815 9,844 17,127 - 7,696 7,696 7,850 73,732 TOTAL ADMINISTRATIVE EXPENSES - 9,666 10,243 6,852 22,116 20,354 45,041 24,698 176,965 350,925 32,696 - 32,696 33,600 733,157 Annual Surplus/Deficit 1,456,065$ 67,618,990 $ (6,946,354) $ (19,557,018)$ (9,568,985) $ (3,068,668) $ (3,841,876) $ 9,204,819 $ 6,435,606 $ (60,764,833)$ 13,506,960 $ (1,714,367) $ 11,792,593 $ 11,054,167 $ 3,814,506 $ 1 Audited Total
2 Investment Returns are posted in arrears
3 Does not include audited total for 4404 - Change in Value 4 Includes $300K in Carryforward appropriation transfered from Asset Management project and additional $1,714,367 for PW Corp Yard Roof