Foster City City Council
March 23, 2026

Long-Range CIP Planning Attachment 1 - 15 Year Fund Balance Analysis 15-Year Forecasts and Funding Options
FY 2026-2027 through FY 2040-2041 City Capital Investment Funding Funding Strategy
15-Year Fund Balance Analysis
Fund Balance Analysis - 15-Year Forecast (FYE 6/30) Total 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 Cash Flow Beginning Fund Balance 22,803,913 13,942,163 11,224,913 7,161,763 5,915,663 7,355,363 5,615,363 2,120,563 7,373,563 13,244,363 19,194,363 22,774,363 28,429,763 34,979,763 41,529,763 22,803,913 Less: Capital Improvement Expenditures from 15-Year Forecast (17,948,000) (9,183,500) (10,589,400) (7,696,100) (5,170,300) (8,140,000) (10,194,800) (1,297,000) (679,200) (600,000) (3,790,000) (1,094,600) - (980,000) - (77,362,900) Add: Funding Available from Other Non-General Fund Sources - Reimbursements from Youth Sports Groups (1) 26,250 26,250 26,250 - - - - - - - - - - 78,750 Parks in Lieu Fees (2) 2,050,000 - - - - - - - - - - - - - - 2,050,000 Park Facilities Impact Fees (2) - - - - - - - - - - - - - - - - Equipment Replacement Fund (3) 110,000 140,000 550,000 350,000 360,000 - 100,000 - - - - - - - - 1,610,000 Building Maintenance Fund (4) 1,250,000 500,000 - - - - 50,000 - - - 820,000 200,000 - 980,000 - 3,800,000 Add: Annual Long-Term CIP Funding from City General Fund 5,160,000 5,160,000 5,160,000 5,160,000 5,160,000 5,160,000 5,160,000 5,160,000 5,160,000 5,160,000 5,160,000 5,160,000 5,160,000 5,160,000 5,160,000 77,400,000 Add: Annual Contribution to Meet Fund Balance Minimum 490,000 640,000 790,000 940,000 1,090,000 1,240,000 1,390,000 1,390,000 1,390,000 1,390,000 1,390,000 1,390,000 1,390,000 1,390,000 1,390,000 17,700,000 Ending Fund Balance 13,942,163 11,224,913 7,161,763 5,915,663 7,355,363 5,615,363 2,120,563 7,373,563 13,244,363 19,194,363 22,774,363 28,429,763 34,979,763 41,529,763 48,079,763 30,379,763 Less Minimum Fund Balance Requirement (5) 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 Excess Fund Balance Over Minimum Requirement 11,942,163 9,224,913 5,161,763 3,915,663 5,355,363 3,615,363 120,563 5,373,563 11,244,363 17,194,363 20,774,363 26,429,763 32,979,763 39,529,763 46,079,763 28,379,763 Net Annual Long-Term CIP Funding from City General Fund (A) - (B) 5,650,000 5,800,000 5,950,000 6,100,000 6,250,000 6,400,000 6,550,000 6,550,000 6,550,000 6,550,000 6,550,000 6,550,000 6,550,000 6,550,000 6,550,000 95,100,000 This analysis projects fund balance levels over the 15-year period to determine:
(A) - That there are sufficient funds to meet cash flow requirements in future years (B) - The extent to which excess cash is being reserved FOOTNOTES:
(2) - Impact Fees are forecasted using conservatively probable development schedules. (1) - The Parks and Recreation Department anticipates payments thorugh FY28-29 from Youth Sports Groups for reimbursement of the Sea Cloud Synthetic Turf Fields (CIP 301- 659).
(3) - Funding for various Parks projects include parks/playground equipment funded from the Equipment Replacement Internal Service Fund. (4) - Funding for Building Maintenance projects is from the Building Maintenance Internal Service Fund. (5) - Per City Council Policy, the minimum fund balance in the City CIP fund is $2 million. https://fostercity.sharepoint.com/sites/BudgetTaskforce/Budget/Budget 2026-2027/CIP/Long Term City CIP/2026-03-23 CIP 15yr forecast CITY Attachments