General Funds
001 GENERAL FUND $63,077,213 $22,466,421 $40,616,307 $5,759,654 $120,400,287 $61,489,537 $0 $61,489,537 ($4,166,463) $58,910,750 002 GENERAL FUND-DISTRICT $0 $41,302,192 $0 $40,616,307 $685,885 $305,500 $0 $305,500 $380,385 $380,385 003 SPECIAL RECREATION $0 $2,330,552 $759,654 $0 $3,090,206 $3,090,206 $0 $3,090,206 $0 $0 005 COMMUNITY BENEFIT PROGRAM $952,523 $20,000 $0 $0 $972,523 $0 $0 $0 $20,000 $972,523 006 DRUG ABUSE RESIST EDUCATION $7,021 $13,030 $0 $0 $20,051 $12,600 $0 $12,600 $430 $7,451 007 SOLAR INCENTIVE GRANT PROGRAM $29,568 $1,854 $0 $0 $31,422 $15,000 $0 $15,000 ($13,146) $16,422 008 EE HOME LOAN PROGRAM $67,277 $1,494 $0 $0 $68,771 $0 $0 $0 $1,494 $68,771 009 ASSET SEIZURE $39,350 $1,751 $0 $0 $41,101 $4,097 $0 $4,097 ($2,346) $37,004 010 PENSION STABILIZATION $102,792 $3,399 $0 $0 $106,191 $0 $0 $0 $3,399 $106,191 011 FACILITIES REPLACEMENT $2,691,620 $77,971 $0 $0 $2,769,591 $0 $0 $0 $77,971 $2,769,591 012 SUSTAINABLE FC $278,471 $4,841 $50,000 $0 $333,312 $8,700 $0 $8,700 $46,141 $324,612 Subtotal General Funds $67,245,835 $66,223,505 $41,425,961 $46,375,961 $128,519,340 $64,925,640 $0 $64,925,640 ($3,652,135) $63,593,700 Special Revenue Funds
101 TRAFFIC SAFETY $6,279 $41,200 $0 $0 $47,479 $40,000 $0 $40,000 $1,200 $7,479 102 MEASURE "A" $2,875,167 $1,090,092 $0 $0 $3,965,259 $0 $0 $0 $1,090,092 $3,965,259 103 GAS TAX $533,373 $949,793 $0 $0 $1,483,166 $627,270 $500,000 $1,127,270 ($177,477) $355,896 104 PARK IN-LIEU FEES $2,399,895 $100,000 $0 $0 $2,499,895 $0 $0 $0 $100,000 $2,499,895 105 MEASURE M $0 $127,823 $0 $0 $127,823 $0 $0 $0 $127,823 $127,823 108 SLESF/COPS GRANT $0 $169,950 $0 $0 $169,950 $100,000 $0 $100,000 $69,950 $69,950 114 CalOpps Fund $369,206 $464,982 $0 $0 $834,188 $472,120 $0 $472,120 ($7,138) $362,068 116 FOSTER CITY FOUNDATION FUND $353,437 $21,000 $0 $0 $374,437 $88,000 $0 $88,000 ($67,000) $286,437 119 SB1 ROAD MAINT&REHAB A/C $1,998,433 $930,502 $0 $0 $2,928,935 $0 $1,500,000 $1,500,000 ($569,498) $1,428,935 122 LMIHAF-HOUSING SUCCESSOR $2,549,885 $146,878 $0 $0 $2,696,763 $186,500 $0 $186,500 ($39,622) $2,510,263 124 FC AFFORDABLE HOUSING $4,762,052 $66,364 $0 $0 $4,828,416 $5,224 $0 $5,224 $61,140 $4,823,192 128 GENERAL PLAN MAINTENANCE $2,511,590 $1,198,168 $0 $0 $3,709,758 $409,512 $0 $409,512 $788,656 $3,300,246 129 CONST & DEMO RECYCLING FUND $705,954 $76,014 $0 $50,000 $731,968 $106,500 $0 $106,500 ($80,486) $625,468 130 TECHNOLOGY MAINTENANCE $274,758 $210,983 $0 $0 $485,741 $105,485 $0 $105,485 $105,498 $380,256 131 SB 1186 FUND $53,619 $7,056 $0 $0 $60,675 $2,300 $0 $2,300 $4,756 $58,375 132 SMIP FEE FUND $5 $639 $0 $0 $644 $500 $0 $500 $139 $144 133 CRV GRANT FUND $6,049 $9,002 $0 $0 $15,051 $13,000 $0 $13,000 ($3,998) $2,051 134 CURBSIDE RECYCLING $279,052 $24,257 $0 $0 $303,309 $25,000 $0 $25,000 ($743) $278,309 135 GREEN BUILDING FEE $8,254 $927 $0 $0 $9,181 $500 $0 $500 $427 $8,681 136 MEASURE W $937,157 $501,095 $0 $0 $1,438,252 $0 $0 $0 $501,095 $1,438,252 137 AFFORDABLE HOUSING-COMMERCIAL LINKAGE FEES $5,564,059 $7,848,278 $0 $0 $13,412,337 $10,000 $0 $10,000 $7,838,278 $13,402,337 138 TENANT RELOCATION ASSISTANCE $254,649 $3,708 $0 $0 $258,357 $0 $0 $0 $3,708 $258,357 139 WORKFORCE HOUSING $308,611 $661,395 $0 $0 $970,006 $375,088 $0 $375,088 $286,307 $594,918 140 EQUIP REPLACEMENT-WORKFORCE HOUSING $76,511 $29,767 $0 $0 $106,278 $0 $0 $0 $29,767 $106,278 141 SB1383 IMPLEMENTATION $6,464 $515 $0 $0 $6,979 $6,979 $0 $6,979 ($6,464) $0 142 IMPACT FEE - PARKS FACILITIES $21,821 $915,952 $0 $0 $937,773 $0 $467,000 $467,000 $448,952 $470,773 143 IMPACT FEE - PUBLIC SAFETY $64,022 $96,684 $0 $0 $160,706 $0 $0 $0 $96,684 $160,706 144 IMPACT FEE - TRANSPORTATION $200,490 $310,405 $0 $0 $510,895 $0 $0 $0 $310,405 $510,895 145 LOCAL HOUSING TRUST $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Special Revenue Funds $27,120,792 $16,003,429 $0 $50,000 $43,074,221 $2,573,978 $2,467,000 $5,040,978 $10,912,451 $38,033,243 (Continued on next page)
Fund
*Available
July 1, 2025
Estimated
Revenues Transfers In Transfers Out Total Available
Operating
Expenditures
Capital
Expenditures
Total
Requirements
Net Change in
Reserves
*Available
June 30, 2026
CITY OF FOSTER CITY / EMID
Summary of Resources and Requirements by Funds
For the Fiscal Year Ended June 30, 2026
PRELIMINARY BUDGET
City of Foster City's FY 2025-26 Preliminary Budget Page 1 (Continued from previous page)
Debt Service Fund
230 LEVEE PROTECT I&R IMP $4,862,742 $4,212,185 $0 $0 $9,074,927 $3,904,988 $0 $3,904,988 $307,197 $5,169,939 231 2023 GO BOND-LEVEE PRJ FD $151,223 $319,815 $0 $0 $471,038 $214,300 $0 $214,300 $105,515 $256,738 Subtotal Debt Service Funds $5,013,965 $4,532,000 $0 $0 $9,545,965 $4,119,288 $0 $4,119,288 $412,712 $5,426,677 Capital Projects Funds
301 CIP-CITY $21,131,781 $1,465,708 $6,861,400 $0 $29,458,889 $0 $8,228,263 $8,228,263 $98,845 $21,230,626 326 CAPITAL ASSET ACQUISITION & REPLACEMENT $9,418,600 $1,472,780 $0 $0 $10,891,380 $0 $0 $0 $1,472,780 $10,891,380 327 LEVEE PROJECT FUND $939,135 $0 $0 $0 $939,135 $0 $0 $0 $0 $939,135 328 LEVEE PROJECT FD-2023 GO BOND $13,737 $0 $0 $0 $13,737 $0 $0 $0 $0 $13,737 Subtotal Capital Projects Funds $31,503,253 $2,938,488 $6,861,400 $0 $41,303,141 $0 $8,228,263 $8,228,263 $1,571,625 $33,074,878 Enterprise Funds
Water Funds
401 WATER REVENUE $11,796,456 $19,741,000 $0 $2,600,000 $28,937,456 $19,488,871 $0 $19,488,871 ($2,347,871) $9,448,585 405 CIP-WATER $5,436,028 $0 $2,600,000 $0 $8,036,028 $0 $800,000 $800,000 $1,800,000 $7,236,028 408 WATER EQUIPMENT REPLACEMENT $4,578,128 $470,470 $0 $0 $5,048,598 $59,700 $0 $59,700 $410,770 $4,988,898 409 WATER CONNECTION FEE $62,894 $531,639 $0 $0 $594,533 $0 $0 $0 $531,639 $594,533 Subtotal Water Funds $21,873,506 $20,743,109 $2,600,000 $2,600,000 $42,616,615 $19,548,571 $800,000 $20,348,571 $394,538 $22,268,044 Wastewater Funds
451 WASTEWATER REVENUE $20,130,172 $22,559,000 $2,500 $23,579,311 $19,112,361 $11,227,479 $0 $11,227,479 ($12,245,290) $7,884,882 453 WASTEWATER SURPLUS $2,000,000 $0 $2,088,875 $2,088,875 $2,000,000 $0 $0 $0 $0 $2,000,000 454 SAN MATEO-FOSTER CITY PUBLIC FINANCING AUTHORITY LOAN ($37,414,690) $0 $2,088,875 $0 ($35,325,815) $2,090,625 $0 $2,090,625 ($1,750) ($37,416,440) 455 CIP-SEWER $174,577,756 $0 $16,000,000 $0 $190,577,756 $0 $20,359,516 $20,359,516 ($4,359,516) $170,218,240 456 WASTEWATER PLANT EXPANSION $0 $2,500 $0 $2,500 $0 $0 $0 $0 $0 $0 458 WASTEWATER EQUIPMENT REPLACEMENT $3,168,694 $476,101 $0 $0 $3,644,795 $305,000 $0 $305,000 $171,101 $3,339,795 459 WATER INFRASTRUCTURE FINANCE & INNOVATION ACT LOAN ($49,545,163) $66,960,640 $4,228,832 $0 $21,644,309 $66,988,832 $0 $66,988,832 $4,200,640 ($45,344,523) 460 WASTEWATER CONNECTION $680,033 $1,209,560 $0 $0 $1,889,593 $0 $0 $0 $1,209,560 $1,889,593 461 STATE REVOLVING FUND/OTHER BONDS ($33,583,004) $0 $1,261,604 $0 ($32,321,400) $1,261,604 $0 $1,261,604 $0 ($33,583,004) Subtotal Wastewater Funds $80,013,798 $91,207,801 $25,670,686 $25,670,686 $171,221,599 $81,873,540 $20,359,516 $102,233,056 ($11,025,255) $68,988,543 Subtotal Enterprise Funds $101,887,304 $111,950,910 $28,270,686 $28,270,686 $213,838,214 $101,422,111 $21,159,516 $122,581,627 ($10,630,717) $91,256,587 Internal Service Funds
501 VEHICLE REPLACEMENT $6,523,736 $2,181,031 $0 $0 $8,704,767 $2,339,837 $0 $2,339,837 ($158,806) $6,364,930 502 EQUIPMENT REPLACEMENT $7,850,887 $830,163 $0 $0 $8,681,050 $924,900 $0 $924,900 ($94,737) $7,756,150 503 SELF INSURANCE $1,147,784 $2,162,925 $0 $0 $3,310,709 $1,980,000 $0 $1,980,000 $182,925 $1,330,709 504 COMMUNICATION & INFO SVC $6,748,563 $2,955,171 $0 $0 $9,703,734 $2,780,864 $0 $2,780,864 $174,307 $6,922,870 505 BUILDING MAINTENANCE $10,425,598 $3,784,842 $0 $1,861,400 $12,349,040 $3,657,183 $0 $3,657,183 ($1,733,741) $8,691,857 507 EMPLOYEE BENEFITS LIAB $2,925,754 $297,487 $0 $0 $3,223,241 $231,820 $0 $231,820 $65,667 $2,991,421 508 PEMHCA $6,629,086 $162,915 $0 $0 $6,792,001 $566,314 $0 $566,314 ($403,399) $6,225,687 509 COMPENSATED ABSENCES $3,719,841 $87,975 $0 $0 $3,807,816 $493,029 $0 $493,029 $(405,054) $3,314,787 510 WORKERS COMPENSATION $0 $1,564,082 $0 $0 $1,564,082 $1,180,100 $0 $1,180,100 $383,982 $383,982 Subtotal Internal Service Funds $45,971,249 $14,026,591 $0 $1,861,400 $58,136,440 $14,154,047 $0 $14,154,047 ($1,988,856) $43,982,393 Fiduciary Fund
604 SUCCESSOR AGENCY ($438,920) $309,309 $0 $0 ($129,611) $504,630 $0 $504,630 ($195,321) ($634,241) 608 SAN MATEO CONSOLIDATED FIRE $0 $149,000 $0 $0 $149,000 $149,000 $0 $149,000 $0 $0 Subtotal Fiduciary Fund ($438,920) $458,309 $0 $0 $19,389 $653,630 $0 $653,630 ($195,321) ($634,241) Total All Funds $278,303,478 $216,133,232 $76,558,047 $76,558,047 $494,436,710 $187,848,694 $31,854,779 $219,703,473 ($3,570,240) $274,733,237 Fund
*Available
July 1, 2025
Estimated
Revenues Transfers In Transfers Out Total Available
Operating
Expenditures
Capital
Expenditures
Total
Requirements
Net Change in
Reserves
*Available
June 30, 2026
*Beginning and Ending available resources excludes Capital Assets (except for Fund 455) and Non-Spendable, Restricted, Committed, and/or Assigned Funds, including Prepayments, Inventory, Garbage Stabilization Reserve, and unrealized investment gains/losses.
CITY OF FOSTER CITY / EMID
Summary of Resources and Requirements by Funds
For the Fiscal Year Ended June 30, 2026
PRELIMINARY BUDGET
City of Foster City's FY 2025-26 Preliminary Budget Page 2 General Fund 001-003
City
Property Taxes in-lieu of Vehicle License Fee $4,288,848 $4,631,493 $2,680,715 Sales Taxes $4,099,600 $4,003,133 $3,992,179
Transient Occupancy Tax $4,698,500 $4,300,000 $4,600,000 Business License Tax $1,890,000 $4,061,000 $4,100,000
Franchise Taxes $1,377,700 $1,377,700 $1,377,700
Real Property Transfer Tax $268,600 $268,600 $304,900
Permits $1,081,140 $2,744,194 $2,721,093
Intergovernmental (POST, SB90, Grants, etc.) $42,000 $42,000 $43,260 Charges for current services $523,366 $651,732 $566,739 Fines and forfeitures $47,400 $47,400 $87,922
Interest $1,350,000 $1,724,305 $1,500,000
Other (Fines, Reimbursement, Street Sweeping, Other) $477,585 $477,585 $491,913 General Fund (City) Subtotal $20,144,739 $24,329,142 $22,466,421 District
Property Taxes $35,476,460 $35,506,460 $36,356,666
Excess ERAF $2,800,000 $3,600,000 $3,600,000
Intergovernmental $98,000 $98,000 $100,940
Rentals $1,063,700 $1,063,700 $1,030,686
Interest $213,900 $373,248 $213,900
General Fund (District) Subtotal $39,652,060 $40,641,408 $41,302,192 Special Recreation
Program Revenues $1,640,589 $1,640,589 $1,781,431
Rents and Concessions $500,000 $500,000 $549,121
General Fund (Special Recreation) Subtotal $2,140,589 $2,140,589 $2,330,552 total general fund 001-003 $61,937,388 $67,111,139 $66,099,165 General Fund 005-012
City
Community Benefits Program $20,000 $20,000 $20,000
Intergovernmental (D.A.R.E.) $1,000 $1,000 $13,030
Solar Incentive Grant Program $1,800 $1,800 $1,854
Employee Rental Assistance Program $1,450 $1,450 $1,494 Asset Seizure Program $1,700 $1,700 $1,751
Pension Sustainability Fund $3,300 $3,300 $3,399
Facilities Replacement Fund $75,700 $75,700 $77,971
Sustainable Foster City Fund $4,700 $4,700 $4,841
General Fund 005-012 (City) Subtotal $109,650 $109,650 $124,340 total general fund 005-012 $109,650 $109,650 $124,340
Total General Fund (ALL) $62,047,038 $67,220,789 $66,223,505 (Continued on next page)
2024-25 2025-26
Approved Projected Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2026
City of Foster City's FY 2025-26 Preliminary Budget Page 3 Special Revenue Funds
Traffic Safety
Vehicle Code Fines $40,000 $40,000 $41,200
Interest $0 $0 $0
Traffic Safety Subtotal $40,000 $40,000 $41,200
Measure A
Sales Taxes $936,400 $936,400 $964,492
Interest $125,600 $125,600 $125,600
Measure A Subtotal $1,062,000 $1,062,000 $1,090,092
Gas Tax (2030; 2105 - 2107.5; 2103 Gas Tax Swap)
Gas Tax (2105-2107.5) $609,000 $609,000 $627,270
Gas Tax (2103) $299,229 $299,229 $308,206
Interest $13,900 $13,900 $14,317
Gas Tax (2030; 2105-2107.5; 2103 Gas Tax Swap) Subtotal $922,129 $922,129 $949,793 Park In-Lieu Fees
Developer Fees $0 $0 $0
Interest $100,000 $100,000 $100,000
Park In-Lieu Fees Subtotal $100,000 $100,000 $100,000
Measure M
Vehicle License Fees $124,100 $124,100 $127,823
Measure M Subtotal $124,100 $124,100 $127,823
SLESF/COPS Grant
Grant $165,000 $165,000 $169,950
SLESF/COPS Subtotal $165,000 $165,000 $169,950
CalOpps.org
Fees for Services $545,000 $545,000 $445,000
Interest $19,400 $19,400 $19,982
CalOpps.org Subtotal $564,400 $564,400 $464,982
Foster City Foundation
Grants and Donations $40,200 $40,200 $21,000
Foster City Foundation Subtotal $40,200 $40,200 $21,000 SB1 Road Maintenance and Rehabilitation
Road Maintenance and Rehabilitation Account $874,600 $874,600 $900,838 Interest $28,800 $28,800 $29,664
SB1 Road Maintenance and Rehabilitation Fund Subtotal $903,400 $903,400 $930,502 Low- and Moderate-Income Housing Fund (LMIHF)
Loan Payment $0 $0 $0
Rentals $61,500 $61,500 $63,345
Interest $81,100 $81,100 $83,533
LMIHF Fund Subtotal $142,600 $142,600 $146,878
City Affordable Housing Fund
Loan Repayment $0 $0 $0
Other $0 $0 $35,000
Interest $30,450 $30,450 $31,364
City Affordable Housing Fund Subtotal $30,450 $30,450 $66,364 (Continued on next page)
2024-25 2025-26
Approved Projected Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2026
(Continued from previous page)
City of Foster City's FY 2025-26 Preliminary Budget Page 4 General Plan Maintenance Fund
Other $130,000 $130,000 $1,136,522
Interest $59,850 $59,850 $61,646
General Plan Maintenance Fund Subtotal $189,850 $189,850 $1,198,168 Construction & Demo Fund
Other $37,900 $37,900 $39,037
Interest $35,900 $35,900 $36,977
Construction & Demo Fund Subtotal $73,800 $73,800 $76,014 Technology Maintenance Fund
Other $31,940 $31,940 $203,773
Interest $7,000 $7,000 $7,210
Technology Maintenance Fund Subtotal $38,940 $38,940 $210,983 SB 1186 Fund
Other $5,500 $5,500 $5,665
Interest $1,350 $1,350 $1,391
SB 1186 Fund Subtotal $6,850 $6,850 $7,056
SMIP Fund
Other $420 $420 $433
Interest $200 $200 $206
SMIP Fund Subtotal $620 $620 $639
CRV Grant Fund
Other $8,500 $8,500 $8,755
Interest $240 $240 $247
CRV Grant Fund Subtotal $8,740 $8,740 $9,002
Curbside Recycling Fund
Other $15,000 $15,000 $15,450
Interest $8,550 $8,550 $8,807
Curbside Recycling Fund Subtotal $23,550 $23,550 $24,257 Green Building Fees Fund
Other $700 $700 $721
Interest $200 $200 $206
Green Building Fees Fund Subtotal $900 $900 $927
Measure W Fund
Sales Taxes $454,100 $454,100 $467,723
Interest $32,400 $32,400 $33,372
Measure W Fund Subtotal $486,500 $486,500 $501,095
Affordable Housing Fund-Commercial Linkage Fees Fund
Charges for current services $0 $0 $7,831,386
Interest $16,400 $16,400 $16,892
Affordable Housing Fund-Commercial Linkage Fees Fund Subtotal $16,400 $16,400 $7,848,278 Tenant Relocation Assistance Fund
Interest $3,600 $3,600 $3,708
Tenant Relocation Assistance Fund Subtotal $3,600 $3,600 $3,708 (Continued on next page)
2024-25 2025-26
Approved Projected Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2026
(Continued from previous page)
City of Foster City's FY 2025-26 Preliminary Budget Page 5 Workforce Housing Fund
Rentals $631,551 $631,551 $622,488
Other $38,811 $38,811 $32,889
Interest $5,900 $5,900 $6,018
Workforce Housing Fund Subtotal $676,262 $676,262 $661,395 Workforce Housing - Equipment Replacement Fund
ISF Charges $28,340 $28,340 $29,190
Interest $560 $560 $577
Workforce Housing - Equipment Replacement Fund Subtotal $28,900 $28,900 $29,767 SB1383 Implementation Fund
Interest $500 $500 $515
SB1383 Implementation Subtotal $500 $500 $515
Impact Fees - Parks Facilities
Charges for current services $0 $0 $915,952
Interest $0 $0 $0
Impact Fees - Parks Facilities Subtotal $0 $0 $915,952
Impact Fees - Public Safety
Charges for current services $0 $0 $96,684
Interest $0 $0 $0
Impact Fees - Public Safety Subtotal $0 $0 $96,684
Impact Fees - Transportation
Charges for current services $0 $0 $310,405
Interest $0 $0 $0
Impact Fees - Transportation Subtotal $0 $0 $310,405
Local Housing Trust Fund
Intergovernmental $500,000 $0 $0
Local Housing Trust Fund Subtotal $500,000 $0 $0
total special revenue funds $6,149,691 $5,649,691 $16,003,429 Debt Services Fund
City - GO Bond 2020
Property Taxes $4,085,000 $4,085,000 $4,207,550
Interest $4,500 $4,500 $4,635
City Debt Services Subtotal $4,089,500 $4,089,500 $4,212,185 City - GO Bond 2023
Property Taxes $240,294 $240,294 $319,300
Interest $500 $500 $515
City Debt Services Subtotal $240,794 $240,794 $319,815
total debt services fund $4,330,294 $4,330,294 $4,532,000 (Continued on next page)
2024-25 2025-26
Approved Projected Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2026
(Continued from previous page)
City of Foster City's FY 2025-26 Preliminary Budget Page 6 Capital Projects Fund
City Capital Projects
Other $15,250 $15,250 $15,708
Interest $2,877,400 $2,877,400 $1,450,000
City Capital Projects Subtotal $2,892,650 $2,892,650 $1,465,708 Capital Asset Acquisition and Replacement Fund
Loans Receivable Payments $708,255 $708,255 $755,754
Interest $267,000 $730,000 $717,026
Capital Asset Acquisition and Replacement Subtotal $975,255 $1,438,255 $1,472,780 total capital projects fund $3,867,905 $4,330,905 $2,938,488 Enterprise Funds
Water Revenue
User Charges $18,109,000 $18,109,000 $19,174,000
Interest $650,000 $650,000 $317,000
Sustainability Fund Revenues $200,000 $200,000 $250,000 Water Revenue Subtotal $18,959,000 $18,959,000 $19,741,000 Water Equipment Replacement
Equipment Rental $456,767 $456,767 $470,470
Water Equipment Replacement Subtotal $456,767 $456,767 $470,470 Water Connection
Connection Fees $0 $0 $497,855
Interest $32,800 $32,800 $33,784
Water Connection Subtotal $32,800 $32,800 $531,639
Wastewater Revenue
User Charges $21,284,000 $21,284,000 $21,558,000
Other $0 $0 $1,000
Interest $1,120,000 $1,120,000 $1,000,000
Wastewater Revenue Subtotal $22,404,000 $22,404,000 $22,559,000 Wastewater Expansion
Other $636 $636 $2,500
Wastewater Expansion Subtotal $636 $636 $2,500
Wastewater Equipment Replacement
Equipment Rental $462,234 $462,234 $476,101
Wastewater Equipment Replacement Subtotal $462,234 $462,234 $476,101 Water Infrastructure Finance and Innovation Act (WIFIA) Financing Proceeds $0 $0 $66,860,640
Interest $1,900,000 $1,900,000 $100,000
Water Infrastructure Finance and Innovation Act (WIFIA) Subtotal $1,900,000 $1,900,000 $66,960,640 Wastewater Connection
Connection Fees $8,928,037 $254,365 $1,200,496
Interest $8,800 $8,800 $9,064
Wastewater Connection Subtotal $8,936,837 $263,165 $1,209,560 total enterprise funds $53,152,274 $44,478,602 $111,950,910 (Continued on next page)
2024-25 2025-26
Approved Projected Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2026
(Continued from previous page)
City of Foster City's FY 2025-26 Preliminary Budget Page 7 Internal Service Funds
Vehicle Replacement
Vehicle Replacement Charges $2,028,234 $2,028,234 $2,089,081 Interest $122,600 $122,600 $91,950
Vehicle Replacement Subtotal $2,150,834 $2,150,834 $2,181,031 Equipment Replacement
Equipment Rental $638,362 $638,362 $657,513
Interest $230,200 $230,200 $172,650
Equipment Replacement Subtotal $868,562 $868,562 $830,163 Self-Insurance
Insurance Charges $2,081,723 $2,081,723 $2,144,175
Interest $25,000 $25,000 $18,750
Self-Insurance Subtotal $2,106,723 $2,106,723 $2,162,925 Information Technology
User Charges $2,697,950 $2,697,950 $2,778,889
Other $40,662 $40,662 $41,882
Interest $179,200 $179,200 $134,400
Information Technology Subtotal $2,917,812 $2,917,812 $2,955,171 Building Maintenance
User Charges $3,510,769 $3,510,769 $3,616,092
Interest $225,000 $225,000 $168,750
Building Maintenance Subtotal $3,735,769 $3,735,769 $3,784,842 Longevity Recognition Benefits
Longevity Benefits Charges $222,720 $222,720 $229,402
Interest $90,780 $90,780 $68,085
Longevity Recognition Benefits Subtotal $313,500 $313,500 $297,487 PEMHCA Benefits Plan
PEMHCA Benefits Charges $257,760 $257,760 $0
Interest $217,220 $217,220 $162,915
PEMHCA Benefits Plan Subtotal $474,980 $474,980 $162,915 Compensated Absences
Employer Contributions $0 $0 $0
Interest $117,300 $117,300 $87,975
Compensated Absences Subtotal $117,300 $117,300 $87,975 Workers Compensation
Workers Compensation Charges $0 $0 $1,563,882
Interest $0 $0 $200
Workers Compensation Subtotal $0 $0 $1,564,082
total internal service funds $12,685,480 $12,685,480 $14,026,591 (Continued on next page)
2024-25 2025-26
Approved Projected Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2026
(Continued from previous page)
City of Foster City's FY 2025-26 Preliminary Budget Page 8 Fiduciary Fund
Successor Agency of Community Development Agency
Property, Current Secured $296,500 $296,500 $305,395
Interest $3,800 $3,800 $3,914
Successor Agency - Redevelopment Property Tax Trust Subtotal $300,300 $300,300 $309,309 San Mateo Consolidated Fire
Other $149,000 $149,000 $149,000
San Mateo Consolidated Fire Subtotal $149,000 $149,000 $149,000 total fiduciary funds $449,300 $449,300 $458,309
TOTAL REVENUE ALL FUNDS $142,681,982 $139,145,061 $216,133,232 2024-25 2025-26
Approved Projected Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2026
(Continued from previous page)
City of Foster City's FY 2025-26 Preliminary Budget Page 9 City of Foster City / Estero Municipal Improvement District Appropriations by Fund
For the Fiscal Year Ended June 30, 2026
Total Appropriations: $219,703,473
General Fund (001-003); $64,885,243; 29.53%
General Fund (005-012); $40,397; 0.02%
Special Revenue Funds; $5,040,978; 2.29%
Debt Service Funds; $4,119,288; 1.88%
Capital Improvements Projects; $8,228,263; 3.75%
Enterprise Funds; $122,581,627; 55.79%
Agency Fund; $653,630; 0.30%
Internal Service Funds; $14,154,047; 6.44%
General Fund (001-003) General Fund (005-012) Special Revenue Funds Debt Service Funds Capital Improvements ProjectsLevee Project Fund Enterprise Funds Agency Fund Internal Service Funds
City of Foster City's FY 2025-26 Preliminary Budget Page 10 City of Foster City, California / Estero Municipal Improvement District Summary of Appropriations by Fund
Annual Appropriations for the Year Ending June 30, 2026 2024-25 2024-25 2025-26
APPROVED PROJECTED REQUESTED
GENERAL FUND (001-003) $61,771,027 $61,667,827 $64,885,243 GENERAL FUND (005-012) $238,163 $370,532 $40,397
TRAFFIC SAFETY $40,000 $40,000 $40,000
MEASURE A $1,000,000 $4,652,153 $0
GAS TAX (2105-2107) $1,109,000 $1,109,000 $1,127,270
PARK IN-LIEU FEES $745,000 $745,000 $0
SLESF/COPS GRANT $100,000 $100,000 $100,000
CALOPPS.ORG $466,040 $716,349 $472,120
FOSTER CITY FOUNDATION $85,000 $85,000 $88,000
SB1 ROAD MAINTENANCE AND REHABILITATION $750,000 $1,200,000 $1,500,000 LMIHAF-HOUSING SUCCESSOR $156,384 $173,884 $186,500
CITY AFFORDABLE HOUSING FUND $0 $0 $5,224
GENERAL PLAN MAINTENANCE FUND $595,350 $876,162 $409,512 CONSTRUCTION AND DEMOLITION FUND $101,500 $104,500 $106,500 TECHNOLOGY MAINTENANCE FUND $105,485 $105,485 $105,485
SB 1186 FUND $2,300 $2,300 $2,300
SMIP FEE FUND $500 $500 $500
CRV GRANT FUND $14,000 $14,000 $13,000
CURBSIDE RECYCLING FEE FUND $25,000 $25,000 $25,000
GREEN BUILDING FEE FUND $500 $500 $500
MEASURE W $1,000,000 $1,575,000 $0
AFFORDABLE HOUSING-COMMERCIAL LINKAGE FEES $110,000 $110,000 $10,000 WORKFORCE HOUSING $341,161 $357,208 $375,088
SB1383 IMPLEMENTATION $92,779 $92,779 $6,979
IMPACT FEE - PARKS FACILITIES $560,300 $560,300 $467,000 LOCAL HOUSING TRUST $509,860 $509,860 $0
DEBT SERVICES FUND $3,904,188 $3,904,188 $3,904,988
CAPITAL IMPROVEMENT PROJECTS $8,398,104 $8,998,104 $8,228,263 DSF-231 $214,100 $214,100 $214,300
LEVEE PROJECT FUND $0 $2,118,579 $0
WATER $18,631,468 $19,411,358 $20,348,571
WASTEWATER $27,336,054 $27,342,572 $102,233,056
VEHICLE REPLACEMENT $2,611,527 $2,619,617 $2,339,837
EQUIPMENT REPLACEMENT $616,300 $745,796 $924,900
SELF INSURANCE $2,007,000 $2,007,000 $1,980,000
INFORMATION TECHNOLOGY $2,511,199 $3,022,579 $2,780,864 BUILDING MAINTENANCE $4,921,120 $4,965,436 $3,657,183
LONGEVITY RECOGNITION BENEFITS $232,720 $232,720 $231,820 PEMHCA BENEFITS PLAN $267,760 $554,054 $566,314
COMPENSATED ABSENCES $514,834 $514,834 $493,029
WORKERS COMPENSATION $0 $0 $1,180,100
SUCCESSOR AGENCY (SA) OF COMMUNITY DEVELOPMENT
AGENCY $625,392 $625,392 $504,630
SAN MATEO CONSOLIDATED FIRE $149,000 $149,000 $149,000
TOTAL FOR CITY / EMID $142,860,115 $152,618,668 $219,703,473 City of Foster City's FY 2025-26 Preliminary Budget Page 11 City of Foster City, California / Estero Municipal Improvement District Summary of Operating Expenditures and Capital Expenditures by Category Annual Operating Budget Appropriations For the Fiscal Year Ended June 30, 2026 2024-25 2024-25 2025-26
APPROVED PROJECTED REQUESTED
EMPLOYEE SERVICES $49,764,155 $ 49,065,612 $51,812,286
SERVICES AND SUPPLIES $52,934,124 $ 65,551,124 $118,259,346 CAPITAL OUTLAY $2,137,250 $ 3,372,346 $2,783,804
INTERNAL SERVICES $12,334,519 $ 12,334,519 $14,993,258
REALLOCATIONS $0 $0 $0
TOTAL OPERATING EXPENDITURES $117,170,048 $130,323,601 $187,848,694 CAPITAL EXPENDITURES $25,690,067 $22,295,067 $31,854,779 TOTAL CITY / EMID / SA EXPENDITURES $142,860,115 $152,618,668 $219,703,473 City of Foster City's FY 2025-26 Preliminary Budget Page 12 City of Foster City
General Fund Operating Expenditures by Department (001-012) For the Fiscal Year Ended June 30, 2026
Total General Fund Operating Expenditures: $64,925,640
COUNCIL/BOARD: $546,534: 0.84%
CITY/DISTRICT MANAGER: $2,065,778: 3.18%
COMMUNICATIONS/CITY CLERK: $1,321,187: 2.04%
CITY ATTORNEY: $684,554: 1.05%
ADMINISTRATIVE SVCS: $1,926,240: 2.97%
FINANCIAL SERVICES: $1,893,929: 2.92%
POLICE: $20,023,154: 30.84%
FIRE: $13,527,093: 20.83%
COMMUNITY DEVELOPMENT: $4,724,422: 7.28%
PARKS & RECREATION: $11,630,139: 17.91%
PUBLIC WORKS: $5,669,550: 8.73%
LIBRARY SERVICES: $607,560: 0.94%
PROPERTY TAX ADMINISTRATION: $305,500: 0.47%
COUNCIL/BOARD CITY/DISTRICT MANAGER
COMMUNICATIONS/CITY CLERK CITY ATTORNEY
ADMINISTRATIVE SVCS FINANCIAL SERVICES
POLICE FIRE
COMMUNITY DEVELOPMENT PARKS & RECREATION
PUBLIC WORKS LIBRARY SERVICES
PROPERTY TAX ADMINISTRATION
City of Foster City's FY 2025-26 Preliminary Budget Page 13 City of Foster City, California / Estero Municipal Improvement District Summary of General Fund Appropriations (001-003)
Annual Operating Budget Appropriations For the Fiscal Year Ended June 30, 2026 2024-25 2024-25 2025-26
DEPARTMENT APPROVED PROJECTED REQUESTED
COUNCIL/BOARD $501,844 $501,844 $546,534
CITY/DISTRICT MANAGER $1,901,526 $1,839,046 $2,065,778
COMMUNICATIONS/CITY CLERK $1,355,948 $1,390,110 $1,321,187 CITY ATTORNEY $677,968 $677,968 $684,554
ADMINISTRATIVE SVCS $2,262,391 $2,227,159 $1,926,240
FINANCIAL SERVICES $1,816,099 $1,895,108 $1,893,929
PARKS & RECREATION $11,354,928 $11,344,220 $11,630,139
POLICE $18,726,067 $18,332,502 $20,006,457
FIRE $12,531,604 $12,531,604 $13,527,093
COMMUNITY DEVELOPMENT $4,453,562 $4,767,980 $4,715,722
PUBLIC WORKS $5,234,983 $5,206,179 $5,654,550
LIBRARY SERVICES $547,507 $547,507 $607,560
PROPERTY TAX ADMINISTRATION $406,600 $406,600 $305,500
TOTAL GENERAL FUND APPROPRIATIONS $61,771,027 $61,667,827 $64,885,243 2024-25 2024-25 2025-26
EXPENDITURES BY CATEGORY APPROVED PROJECTED REQUESTED
EMPLOYEE SERVICES $39,196,741 $38,194,263 $40,297,001
SERVICES AND SUPPLIES $17,618,282 $18,402,560 $19,043,231 CAPITAL OUTLAY $0 $115,000 $33,500
INTERNAL SERVICES $8,097,964 $8,097,964 $8,702,933
REALLOCATIONS ($3,141,960) ($3,141,960) ($3,191,422)
TOTAL OPERATING EXPENDITURES $61,771,027 $61,667,827 $64,885,243 City of Foster City's FY 2025-26 Preliminary Budget Page 14 City of Foster City, California / Estero Municipal Improvement District Summary of General Fund Appropriations (005-012)
Annual Operating Budget Appropriations For the Fiscal Year Ended June 30, 2026 2024-25 2024-25 2025-26
DEPARTMENT APPROVED PROJECTED REQUESTED
COUNCIL/BOARD $0 $0 $0
CITY/DISTRICT MANAGER $162,000 $183,231 $0
COMMUNICATIONS/CITY CLERK $0 $0 $0
CITY ATTORNEY $0 $0 $0
HUMAN RESOURCES $0 $0 $0
FINANCIAL SERVICES $0 $0 $0
POLICE $42,463 $42,463 $16,697
FIRE $0 $0 $0
COMMUNITY DEVELOPMENT $8,700 $119,838 $8,700
PUBLIC WORKS $25,000 $25,000 $15,000
LIBRARY SERVICES $0 $0 $0
PROPERTY TAX ADMINISTRATION $0 $0 $0
TOTAL GENERAL FUND APPROPRIATIONS $238,163 $370,532 $40,397 2024-25 2024-25 2025-26
EXPENDITURES BY CATEGORY APPROVED PROJECTED REQUESTED
EMPLOYEE SERVICES $0 $0 $0
SERVICES AND SUPPLIES $238,163 $370,532 $40,397
CAPITAL OUTLAY $0 $0 $0
INTERNAL SERVICES $0 $0 $0
REALLOCATIONS $0 $0 $0
TOTAL OPERATING EXPENDITURES $238,163 $370,532 $40,397
City of Foster City's FY 2025-26 Preliminary Budget Page 15 City of Foster City / Estero Municipal Improvement District Personnel Summary - Full-Time Employees
For the Fiscal Years Ended June 30, 2025 to 2026
Department Prior Years Budget
2023-24 2024-25 2025-26
City / District Manager 4.00 5.00 4.00
Communications/City Clerk 5.00 5.00 5.00
Community Development 18.00 17.00 17.00
Financial Services/City Treasurer 9.00 9.00 9.00
Administrative Services 9.00 9.00 9.00
Parks and Recreation 30.00 30.00 30.00
Police 55.00 55.00 56.00
Public Works 47.00 49.00 51.00
Totals 177.00 179.00 181.00
Personnel Changes FY 2025-26
• City/District Manager:
◦ Remove Deputy City Manager.
• Communications/City Clerk :
◦ None.
• Community Development :
◦ Upgrade Housing Coordinator to Housing and Sustainability Manager. • Financial Services/City Treasurer:
◦ Upgrade (1) Sr. Accounting Specialist to Accountant.
• Administrative Services:
◦ Upgrade Administrative Assistant to Human Resource Technician. • Parks and Recreation:
◦ None.
• Police:
◦ One overhire Police Officer for FY 2025-26 only.
• Public Works:
◦ Add One (1) Associate Engineer.
◦ Add One (1) Connection Control Coordinator.
City of Foster City's FY 2025-26 Preliminary Budget Page 16
TABLE C
CAPITAL IMPROVEMENT PROJECT (CIP) PLAN (FISCAL YEAR 2025-26)
PROJECT NAME
Funding
Source*
Total Project
Cost
Prior Years'
Funding FY 2025-26
CIP City
(Fund 301)
Developer
Deposits (4)
Impact Fees -
Park Facility
(Fund 142)
Gas Tax
2103
(Fund 103)
SB1
(FUND
119)
Water CIP
(Fund 405)
Wastewtr
CIP (Fund
455)
BUILDING PROJECTS
BD-02 (NEW CIP) INSTALL ELECTRIC
VEHICLE CHARGING STATIONS (FY
2025-2026)
CC $1,000,000 $0 $1,000,000 $1,000,000 $0 $0 $0 $0 $0 $0 TOTAL BUILDING PROJECTS 1 $1,000,000 $0 $1,000,000 $1,000,000 $0 $0 $0 $0 $0 $0
PARKS PROJECTS
PK-01 (CIP 301-678) RECREATION CENTER
REBUILD (FY 2017-2018)
PIF $61,501,770 $61,034,770 $467,000 $0 $0 $467,000 $0 $0 $0 $0 TOTAL PARKS PROJECTS 1 $61,501,770 $61,034,770 $467,000 $0 $0 $467,000 $0 $0 $0 $0
STORMWATER/LAGOON PROJECTS
SW-01 (CIP 301-717) LAGOON PUMP STATION
SEISMIC REHABILITATION AND CAPACITY
ENHANCEMENT PROJECT (NEW NAME) (FY
2023-2024)
CC $9,620,000 $2,670,000 $6,950,000 $6,950,000 $0 $0 $0 $0 $0 $0 SW-02 (CIP 301-721) LAGOON INTAKE
STRUCTURE REHABILITATION (FY 2024-2025)
CC $1,550,000 $1,500,000 $50,000 $50,000 $0 $0 $0 $0 $0 $0 TOTAL STORMWATER/LAGOON PROJECTS 2 $11,170,000 $4,170,000 $7,000,000 $7,000,000 $0 $0 $0 $0 $0 $0
STREETS/TRAFFIC PROJECTS
ST-02 (NEW CIP) STREET REHABILITATION
(FY 2025-2026)
GT/SB1/
DD
$2,228,263 $0 $2,228,263 $0 $228,263 $0 $500,000 $1,500,000 $0 $0 TOTAL STREETS/TRAFFIC PROJECTS 1 $2,228,263 $0 $2,228,263 $0 $228,263 $0 $500,000 $1,500,000 $0 $0
WATER PROJECTS
WA-01 (CIP 405-723) WATER MAIN
CONDITION ASSESSMENT (FY 2024-2025)
WCF $750,000 $250,000 $500,000 $0 $0 $0 $0 $0 $500,000 $0 WA-02 (NEW CIP) PERMANENT EMERGENCY
BYPASS TRANSMISSION MAIN ON E. THIRD
AVE. (FY 2025-2026)
WCF $300,000 $0 $300,000 $0 $0 $0 $0 $0 $300,000 $0
TOTAL WATER PROJECTS 2 $1,050,000 $250,000 $800,000 $0 $0 $0 $0 $0 $800,000 $0
WASTEWATER PROJECTS
WW-01 (CIP 455-652) WASTEWATER
TREATMENT PLANT MASTER PLAN
IMPROVEMENTS (FY 2015-2016)
CWW $172,478,998 $162,519,482 $9,959,516 $0 $0 $0 $0 $0 $0 $9,959,516 WW-02 (CIP 455-705) EMERGENCY
GENERATOR REPLACEMENTS (FY 2021-2022)
CWW $6,200,000 $4,200,000 $2,000,000 $0 $0 $0 $0 $0 $0 $2,000,000 WW-03 (CIP 455-710) SHELL BRIDGE
SANITARY SEWER FORCE MAIN
REHABILITATION (FY 2022-2023)
CWW $1,500,000 $1,000,000 $500,000 $0 $0 $0 $0 $0 $0 $500,000 WW-04 (CIP 455-719) SANITARY SEWER LIFT
STATION IMPROVEMENTS - PHASE 6 (FY
2023-2024)
CWW $8,500,000 $600,000 $7,900,000 $0 $0 $0 $0 $0 $0 $7,900,000 TOTAL WASTEWATER PROJECTS 4 $188,678,998 $168,319,482 $20,359,516 $0 $0 $0 $0 $0 $0 $20,359,516 GRAND TOTAL 11 $265,629,031 $233,774,252 $31,854,779 $8,000,000 $228,263 $467,000 $500,000 $1,500,000 $800,000 $20,359,516 *BMF=Building Maintenance Fund; CC=CIP City; CW=CIP Water; CWW=CIP Wastewater; CWW-ERF= Wastewater Equipment Replacement Fund; DD=Developers Deposit; ERF=Equipment Replacement Fund; GT=Gas Tax (2103); MA=Measure A; MM=Measure M; MW=Measure W; SB 1 = Road Maintenance & Rehab; PIF = Park Facility Impact Fees; PIL = Park-In-Lieu; TIF = Transportation Impact Fees; WCF=Water Connection Fees; WWCF=Wastewater Connection Fees
City of Foster City's FY 2025-26 Preliminary Budget Page 17 City of Foster City / Estero Municipal Improvement District Schedule of Fund Balance Transfers
For the Fiscal Year Ended June 30, 2026
Transfers Out Fund
# Transfer In Fund 001 002 129 401 451 453 456 505 Totals 1 001 GENERAL FUND $0 $40,616,307 $0 $0 $0 $0 $0 $0 $40,616,307 2 003 GENERAL FUND-SPECIAL
RECREATION $759,654 $0 $0 $0 $0 $0 $0 $0 $759,654
3 012 SUSTAINABLE FOSTER CITY $0 $0 $50,000 $0 $0 $0 $0 $0 $50,000 4 301 CAPITAL INVESTMENT-CITY $5,000,000 $0 $0 $0 $0 $0 $0 $1,861,400 $6,861,400 5 405 CAPITAL INVESTMENT-WATER $0 $0 $0 $2,600,000 $0 $0 $0 $0 $2,600,000 6 451 WASTEWATER REVENUE $0 $0 $0 $0 $0 $0 $2,500 $0 $2,500 7 453 WASTEWATER RATE
STABLIZATION FUND $0 $0 $0 $0 $2,088,875 $0 $0 $0 $2,088,875 8 454 SM-FC PFA LOAN FUND* $0 $0 $0 $0 $0 $2,088,875 $0 $0 $2,088,875 9 455 CAPITAL INVESTMENT-
WASTEWATER $0 $0 $0 $0 $16,000,000 $0 $0 $0 $16,000,000 10 459 WIFIA* $0 $0 $0 $0 $4,228,832 $0 $0 $0 $4,228,832 11 461 SRF LOAN* $0 $0 $0 $0 1,261,604 $0 $0 $0 $1,261,604 Totals $5,759,654 $40,616,307 $50,000 $2,600,000 $23,579,311 $2,088,875 $2,500 $1,861,400 $76,558,047 *SRF = State Revolving Fund; WIFIA = Water Infrastructure Finance and Innovation Act Loan Fund 002 - General Fund - District; Fund 129 - Construction & Demolition; Fund 137 - Commercial Linkage Fee; Fund 401 - Water Revenue; Fund 456 - Wastewater Plant Expansion; Fund 505 - Building Maintenance Footnotes:
1. Transfer of District Surplus to General Fund 001 $40,616,307.
2. Transfers to subsidize Special Recreation Fund $759,654.
3. Annual transfer to General Fund Sustainable Foster City Fund $50,000.
4. Set aside funds for long-term Capital Improvement Projects $5,000,000 & transfer $1,861,400 from Fund 505 to CIP 301-678
5. Transfers to set aside funds for Long-Term CIP Projects in the Water Capital Investment Fund $2,600,000.
6. Transfers to transfers to Wastewater Revenue $2,500.
7. Set aside funds for Wastewater Rate Stabilization Fund $2,088,875.
8. Transfers to SM-FC PFA debt service $2,088,875.
9. Set aside funds for Long-Term CIP Projects in the Wastewater Capital Investment Fund $16,000,000.
10. Set aside funds for debt service, fiscal agent fees and expenses $4,228,832.
11. Set aside funds for debt service, fiscal agent fees and expenses $1,261,604.
City of Foster City's FY 2025-26 Preliminary Budget Page 18