Foster City City Council
March 25, 2024

City of Foster City Attachment 3 - 15 Year CIP Costs
Long-Range CIP Planning
15-Year Forecasts and Funding Options
FY 2024-2025 through FY 2038-2039
Capital Project Cost Projections - 15-Year Forecast - All Projects Fund Balance Analysis - 15-Year Forecast (FYE 6/30)
Asset Category
Total Cash
Flow
Requirements 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 Streets
Pavement Management and Park
Pathway Restoration 23,100,000 1,500,000 1,500,000 1,500,000 1,800,000 1,800,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 Bicycle and Pedestrian
Improvements 325,000 - 75,000 250,000 - - - - - - - - - - - - Bridges 750,000 750,000 - - - - - - - - - - - - - Street Lights/Traffic
Signals/Crosswalk Systems 4,520,000 1,000,000 2,020,000 1,500,000 - - - - - - - - - - - - Subtotal - Street Projects and Eligible for Funding from
Transportation-related Revenue
Sources (2) 28,695,000 3,250,000 3,595,000 3,250,000 1,800,000 1,800,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 Streets - Park Pathways (GF) 900,000 300,000 300,000 300,000 - - - - - - - - - - - - Street Lights/Traffic
Signals/Crosswalk Systems (GF) 3,000,000 - 2,000,000 1,000,000 - - - - - - - - - - - - Fire and Rescue Boat Ramp
Rehabilitation (GF) 280,000 - - 80,000 - 200,000 - - - - - - - - - - Traffic Signals (Equipment
Replacement ISF) 480,000 - 480,000 - - - - - - - - - - - - - Traffic Signals (Transportation Impact
Fees) 825,000 - 325,000 500,000 - - - - - - - - - - - - Recreation Center (Park In Lieu) 745,000 745,000 - - - - - - - - - - - - - - Recreation Center (Park Facilities
Impact Fees) 1,061,000 594,000 467,000 - - - - - - - - - - - - - Recreation Center (Gilead
Foundation Grant) 500,000 500,000 - - - - - - - - - - - - - - Recreation Center (BMF) 1,846,500 1,846,500 - - - - - - - - - - - - - - Recreation Center (CIP Fund
Balance) 5,407,250 5,407,250 - - - - - - - - - - - - - - Lagoons and Stormwater (GF) 20,500,000 500,000 7,000,000 5,000,000 - - - 8,000,000 - - - - - - - - Parks (GF) 33,964,600 2,550,000 820,000 2,470,000 7,825,000 2,865,000 7,606,000 894,600 - 5,819,800 947,000 319,200 600,000 1,248,000 - - Parks (Park In Lieu) 2,050,000 - - - - 2,050,000 - - - - - - - - - - Parks - Equipment (Equipment
Replacement ISF) 2,205,000 - - - 385,000 110,000 435,000 - 290,000 425,000 200,000 360,000 - - - - Buildings - City CIP Fund 1,322,054 1,122,054 - 200,000 - - - - - - - - - - - - Buildings (Building Maintenance ISF)3,616,000 - - - 500,000 500,000 250,000 26,000 350,000 50,000 680,000 - - 970,000 200,000 90,000 Subtotal - Projects Funded from
City Capital Improvement
Projects and other Funds (2) 78,702,404 13,564,804 11,392,000 9,550,000 8,710,000 5,725,000 8,291,000 8,920,600 640,000 6,294,800 1,827,000 679,200 600,000 2,218,000 200,000 90,000 Totals 107,397,404 16,814,804 14,987,000 12,800,000 10,510,000 7,525,000 9,791,000 10,420,600 2,140,000 7,794,800 3,327,000 2,179,200 2,100,000 3,718,000 1,700,000 1,590,000 Rounded
Average 15 Year Funding 7,159,827 7,160,000
- Streets Funded Portion1,913,000 1,913,000 (To Attachment B)- City Capital Investment and non- Streets Funded Portion5,246,827 5,247,000 (To Attachment A) FOOTNOTES:
(1) - This analysis identifies the total annual estimated project costs for funding asset construction and/or replacement over a 15-year forecast. (2) - The cash flow requirements for each year are carried forward to the Fund Balance Analysis in Attachments 2 and 1, respectively.