Foster City City Council
March 23, 2026

Estero Municipal Improvement District Attachment 3 - Wastewater Enterprise CIP Funding Strategy Long-Range CIP Planning
15-Year Forecasts and Funding Options
FY 2026-2027 through FY 2040-2041 Wastewater Enterprise Fund Funding Strategy
15-Year Fund Balance Analysis
Fund Balance Analysis - 15-Year Forecast (FYE 6/30) 15 year 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 Total Beginning Fund Balance 2,584,447 3,608,826 5,208,826 4,108,826 3,258,826 6,858,826 2,068,826 4,568,826 4,868,826 7,368,826 3,668,826 6,168,826 2,468,826 4,968,826 7,468,826 2,584,447 Less: Capital Improvement Expenditures (8,857,803) (2,000,000) (4,700,000) (4,450,000) - (8,390,000) - (2,200,000) - (6,200,000) - (6,200,000) - - - (42,997,803) Add: Other Funding Sources
Wastewater Connection Fees 82,182 - - - - - - - - - - - - - - 82,182 Add: Annual Long-Term CIP Funding from Operations 9,800,000 3,600,000 3,600,000 3,600,000 3,600,000 3,600,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 50,300,000 Ending Fund Balance 3,608,826 5,208,826 4,108,826 3,258,826 6,858,826 2,068,826 4,568,826 4,868,826 7,368,826 3,668,826 6,168,826 2,468,826 4,968,826 7,468,826 9,968,826 9,968,826 Less Minimum Fund Balance Requirement 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 1,608,826 3,208,826 2,108,826 1,258,826 4,858,826 68,826 2,568,826 2,868,826 5,368,826 1,668,826 4,168,826 468,826 2,968,826 5,468,826 7,968,826 7,968,826