Emeryville City Council
November 19, 2024

City of Emeryville
2023-24 & 2024-25 Budget
Capital Project Funds
Traffic Impact Fee Fund #250
Purpose of Fund
Capital Projects 2023-24 2024-25 2025-26 2026-27 2027-28 Carryover Budget Budget Projection Projection Projection Beginning Available Fund Balance $ 2,348,064 2,220,933 $ 2,394,328 $ 3,488,328 $ 3,448,328 $ Annual Activity
Revenues
Investment Earnings 10,000 10,000 10,000 10,000 10,000
Development Fees 1,474,681 111,264 1,159,000 25,000 25,000 121,264 1,484,681 1,169,000 35,000 35,000
Expenditures
Capital Projects
ST-09 Frontage Road Landscape Median
Island $ 165,000 - - - - -
T-04 Quiet Zone at 65th, 66th, and 67th
Street At-Grade Crossings 500,000 - - - - -
T-11 Traffic Signal Modernization -
Phase 2 150,000 - - - - -
SUT-01 Sustainable Streetscapes - 297,250 - - - -
SUT-02 ATP Studies - 45,300 25,000 25,000 25,000 25,000 SUT-03 Traffic Signals and Street Lights - 200,000 50,000 50,000 50,000 50,000 542,550 75,000 75,000 75,000 75,000
Carryforward $ 815,000 815,000 - - - -
1,357,550 75,000 75,000 75,000 75,000
Net Annual Activity 127,131 46,264 1,094,000 (40,000) (40,000) Ending Available Fund Balance $ 2,348,064 $ 2,394,328 $ 3,488,328 $ 3,448,328 $ 3,408,328 The Traffic Impact Fee Fund accounts for transportation impact fees paid by new development, as required by the City’s Transportation Impact Fee Ordinance.
71 Attachment 3a
City of Emeryville
2023-24 & 2024-25 Budget
Capital Project Funds
Park Impact Fee Fund #237
Purpose of Fund
Capital Project 2023-24 2024-25 2025-26 2026-27 2027-28 Carryover Budget Budget Projection Projection Projection Beginning Available Fund Balance $ 4,264,358 2,162,409 $ 4,291,858 $ 5,409,858 $ 5,437,358 $ Annual Activity
Revenues
Development Fees 2,100,736 25,000 1,115,500 25,000 25,000 Investment Earnings 2,500 2,500 2,500 2,500 2,500
27,500 2,103,236 1,118,000 27,500 27,500
Expenditures
Capital Projects
CF-02 South Bayfront Bridge and
Horton Landing Park $ 1,288 - - - - -
- - - - -
Carryforward $ 1,288 1,288 - - - -
1,288 - - - -
Net Annual Activity 2,101,948 27,500 1,118,000 27,500 27,500 Ending Available Fund Balance $ 4,264,358 $ 4,291,858 $ 5,409,858 $ 5,437,358 $ 5,464,858 The Park / Rec Impact Fee Fund accounts for parks and recreation impact fees paid by new development, as required by the City’s Park / Rec Impact Fee Ordinance.
62 Attachment 3b
City of Emeryville
2023-24 & 2024-25 Budget
Operating Funds
Affordable Housing Impact Fee Fund #239
Purpose of Fund
2020-21 2021-22 2022-23 2023-24 2024-25
Actual Actual Projection Budget Budget
Beginning Available Fund Balance $ 726,870 711,881 $ 860,716 $ 290,416 $ 1,757,916 $ Annual Activity
Revenues
Investment Earnings 3,996 1,752 2,500 2,500 2,500
Development Fees 10,993 132,094 261,530 1,465,000 25,000 133,846 14,989 264,030 1,467,500 27,500
Expenditures
None - - 734,330 - -
- - 734,330 - -
Capital Projects
H-02 Christie Housing Site - - 100,000 - -
- - 100,000 - -
- - 834,330 - -
Net Annual Activity 14,989 133,846 (570,300) 1,467,500 27,500 Ending Available Fund Balance $ 726,870 $ 860,716 $ 290,416 $ 1,757,916 $ 1,785,416 The Affordable Housing Impact Fee Fund accounts for rental residential developments and nonresidential developments to mitigate the impact of such developments on the need for affordable housing in the City. 156 Attachment 3c