Attachment 5 - Suumary of Funding Sources and City CIP Fund Balance Summary of Funding Sources and City CIP Fund Balance
Total 15-year CIP Projects, FY 2024-25 to FY 3038-39 107,397,404 Funding Sources:
Streets related funding sources 28,695,000
Park In-Lieu Fund 2,795,000
Transporation Impact Fees 825,000
Park Facilities Impact Fees 1,061,000
Gilead Foundation Grant (City CIP Fund) 500,000
Release of Levee Project Contingency to Recreation Center Project 5,000,000 Equipment Replacement Fund 2,685,000
Building Replacement Fund 5,462,500 47,023,500
Balance to be funded by the General Fund 60,373,904
Projected Beginning City CIP Fund Balance, 7/1/2024 12,852,735 Transfers In from General Fund 68,250,000
Reimbursements from Sports Groups 208,250
Projects to be funded by the General Fund (60,373,904)
20,937,081
Projected Ending City CIP Fund Balance (inclusive of a $2M reserves), 6/30/2039