LANDSCAPING AND LIGHTING MAINTENANCE DISTRICT NO. 2023-1 (GATEWAY) FUND 187
FY 2026-2027 BUDGET PROJECTIONS
BUDGET
OBJECT FY24-25 Actual FY25-26 Budget FY25-26 Proj FY26-27 Proj FY27-28 Proj FY28-29 Proj FY29-30 Proj FY30-31 Proj 6106 - SPECIAL ASSESSMENTS 346,289 349,059 349,059 355,169 365,824 376,799 388,103 374,527 6401 - INT INC ON POOLED INVESTMENTS 6,731 2,431 2,431 3,517 4,170 3,648 4,340 5,059 7600 - TRANSFERS IN 93,473 89,670 89,670 107,649 110,878 114,205 117,631 114,261 TOTAL REVENUE 446,493 441,160 441,160 466,335 480,872 494,652 510,074 493,848 City Staff Costs
8101 - SALARIES 11,851 20,139 20,139 20,162 20,767 21,390 22,031 22,692 8103 - OVERTIME 92 - 120 100 103 106 109 113
8105 - LEAVE TIME 3,114 - 2,000 2,000 2,060 2,122 2,185 2,251 8111 - BUDGETED SALARY SAVINGS - (1,015) - - - - - - 8209 - MEDICARE TAX 237 289 289 287 296 305 314 324
8210 - DEFERRED COMPENSATION 1,050 1,208 1,208 1,342 1,382 1,424 1,466 1,510 8211 - ICMA VANTAGECARE RETIREE HLTH 73 102 102 102 105 108 111 115 8212 - POB ER RA
TE 596 798 798 774 797 821 846 871
8219 - UNIFORM/EQUIP/BOOT/AUTO 10 10 10 10 10 10 10 11
8220 - MEDICAL 2,698 3,404 3,404 3,601 3,709 3,820 3,935 4,053 8221 - DENTAL AND VISION 144 156 156 139 143 147 152 156 8235 - LIFE/DISABILITY INSURANCE 52 68 68 68 70 72 74 77 8238 - SPECIAL COMPENSATION 49 120 120 120 124 127 131 135 8240 - PERS-MISCELLANEOUS-CLASSIC 576 562 562 225 232 239 246 253 8241 - PERS-MISCELLANEOUS-PEPRA 1,006 1,562 1,562 1,908 1,965 2,024 2,085 2,148 8242 - PERS-MISCELLANEOUS-UNFUND LIAB 3,740 5,780 5,780 6,094 6,277 6,465 6,659 6,859 8814 - WC INSURANCE CHARGES 494 663 663 1,420 1,463 1,507 1,552 1,598 8830 - VACATION/SICK LEAVE CHARGES 1,287 1,726 1,726 1,185 1,221 1,257 1,295 1,334 Su
btotal - City Staff Costs 27,070 35,573 38,709 39,537 40,723 41,945 43,203 44,499 Other Administration
8836 - COST ALLOCATION - - - 16,866 17,372 17,893 18,430 18,982 8911 - OTHER CONSULTING SERVICES 4,974 5,900 5,900 5,900 6,077 6,259 6,447 6,641 9003 - ADVERTISING 1,033 515 515 530 546 563 580 597
9038 - COUNTY ADMIN EXPENSES 3,463 3,600 3,500 3,550 3,657 3,766 3,879 3,996 Subtotal - Other Administration 9,470 10,015 9,915 26,846 27,651 28,481 29,335 30,215 Tree Maintenance
8403 - TREE TRIMMING/MAINTENANCE - - - - 120,000 - - - Subtotal - Tree Maintenance - - - - 120,000 - - - Landscaping
8405 - LANDSCAPING MAINTENANCE 181,125 183,842 183,842 189,357 195,038 200,889 206,916 213,123 8702 - PG&E-ELECTRICITY 5,411 - 6,000 6,000 6,180 6,365 6,556 6,753 8704 - WATER SERVICES 59,692 100,000 80,000 90,000 92,700 95,481 98,345 101,296 9028 - OTH
ER EXPENSES 24,442 28,384 28,384 28,536 29,392 30,274 31,182 32,117 Subtotal - Landscaping 270,669 312,226 298,226 313,893 323,310 333,009 342,999 353,289 Streetlights
8334 - STREET LIGHTS 226 2,823 2,823 1,740 1,792 1,846 1,901 1,958 8703 - PG&E-ELECTRICITY STREET LIGHTS 18,686 8,400 19,000 19,000 19,570 20,157 20,762 21,385 Subtotal - Streetlights 18,912 11,223 21,823 20,740 21,362 22,003 22,663 23,343 TOTAL EXPENSE 326,120 369,037 368,673 401,016 533,047 425,438 438,201 451,347 NET SURPLUS/DEFICIT 120,373 72,123 72,487 65,319 (52,174) 69,214 71,873 42,501
FUND BALANCE
Fund Balance FY24-25 Actual FY25-26 Budget FY25-26 Proj FY26-27 Proj FY27-28 Proj FY28-29 Proj FY29-30 Proj FY29-30 Proj Beginning Fund Balance 153,947 243,120 279,196 351,684 417,002 364,828 434,042 505,915 Net Surplus/Deficit 120,373 72,123 72,487 65,319 (52,174) 69,214 71,873 42,501 Mkt Val-Unrealized Gain/Loss 4,876 - - - - - - -
ENDING FUND BALANCE 279,196 315,243 351,684 417,002 364,828 434,042 505,915 548,415
ATTACHMENT 1
LANDSCAPING AND LIGHTING MAINTENANCE DISTRICT NO. 2023-1 (GATEWAY) FUND 187
FY 2026-2027 BUDGET PROJECTIONS
FUND 187 RESERVES BY CATEGORY
RESERVE TYPE FY24-25 Actual FY25-26 Budget FY25-26 Proj FY26-27 Proj FY27-28 Proj FY28-29 Proj FY29-30 Proj FY29-30 Proj
TREE MAINTENANCE
Beginning Balance 37,975 77,089 77,089 117,376 158,872 81,613 125,637 170,980 Original Budgeted Contribution 39,114 40,287 40,287 41,496 42,741 44,023 45,344 46,704 Expensed from Reserves - - - - (120,000) - - - Ending balance 77,089 117,376 117,376 158,872 81,613 125,637 170,980 217,685
LANDSCAPING
Beginning Balance 106,595 160,113 194,483 236,210 268,160 301,599 335,414 370,808 Original Budgeted Contribution 23,380 28,384 28,384 28,536 29,392 30,274 31,182 - Special Assessments Surplus/Deficit 1 - - - - - - -
Interest Earned 6,538 2,360 2,360 3,414 4,048 3,541 4,213 4,911 General Fund Contribution Surplus/Deficit** 3,930 - - - - - - - City Staff Costs Surplus/Deficit 284 - (3,115) - - - - - Admin Budget Surplus/Deficit (77) - 97 - - - - -
La
ndscaping Budget Surplus/Deficit 53,831 - 14,000 - - - - - Expensed from Reserves - - - - - - - -
Ending balance 194,483 190,858 236,210 268,160 301,599 335,414 370,808 375,719 Total LS Operating Costs (Not Including One-Time Costs) 306,746 357,288 346,306 379,192 390,568 402,285 414,353 426,784 Target Cash Reserve (65% per Reso 1991-213b) 199,385 232,238 225,099 246,475 253,869 261,485 269,330 277,410 Target Repair Reserves per Reso 1991-213b (25%) 76,687 89,322 86,577 94,798 97,642 100,571 103,588 106,696 Total Target Reserves 276,071 321,560 311,676 341,273 351,511 362,056 372,918 384,106 Landscaping Net Target Reserve Surplus/Deficit (81,588) (130,702) (75,465) (73,113) (49,912) (26,643) (2,110) (8,387)
STREETLIGHTS
Beginning Balance 11,363 7,904 4,734 (4,793) (12,919) (21,274) (29,898) (38,764) Original Budgeted Contribution 1,000 1,020 1,020 (8,230) (8,477) (8,731) (8,993) (9,263) Special Assessments Surplus/Deficit 0 - - - - - - -
Interest Earned 193 71 71 103 122 107 127 149
Gene
ral Fund Contribution Surplus/Deficit** 85 - - - - - - - City Staff Costs Surplus/Deficit 2 - (21) - - - - -
Admin Budget Surplus/Deficit (2) - 3 - - - - -
Streetlights Budget Surplus/Deficit (7,907) - (10,600) - - - - - Expensed from Reserves - - - - - - - -
Ending balance 4,734 8,995 (4,793) (12,919) (21,274) (29,898) (38,764) (47,878) Total Lights Operating Costs (Not Including One-Time Costs) 19,374 11,749 22,366 21,824 22,479 23,153 23,848 24,563 Target Cash Reserve (65% per Reso 1991-213b) 12,593 7,637 14,538 14,186 14,611 15,049 15,501 15,966 Target Repair Reserves per Reso 1991-213b (25%) 4,844 2,937 5,592 5,456 5,620 5,788 5,962 6,141 Total Target Reserves 17,437 10,574 20,130 19,642 20,231 20,838 21,463 22,107 St
reetlights Net Target Reserve Surplus/Deficit (12,703) (1,579) (24,922) (32,561) (41,505) (50,736) (60,226) (69,985) TOTAL RESERVES BEGINNING BALANCE 153,947 243,120 279,196 351,684 417,002 364,828 434,042 505,915 Total Reserve Contribution 120,373 72,123 72,487 65,319 67,826 69,214 71,873 42,500 Total Reserve Expensed - - - - (120,000) - - - Total Unassigned* 0 (0) (0) (0) (0) (0) (0) 0
Mkt Val-Unrealized Gain/Loss 4,876 - - - - - - -
TOTAL RESERVES ENDING BALANCE 279,196 315,243 351,684 417,002 364,828 434,042 505,915 548,415
ATTACHMENT 1