Fund
*Available
July 1, 2026
Estimated
Revenues Transfers In Transfers Out Total Available
Operating
Expenditures
Capital
Expenditures
Total
Requirements
Net Change in
Reserves
*Available
June 30, 2027
General Funds
001 GENERAL FUND $60,022,485 $25,175,428 $43,653,414 $6,345,566 $122,505,761 $66,715,338 $0 $66,715,338 ($4,232,062) $55,790,423 002 GENERAL FUND-DISTRICT $0 $43,958,914 $0 $43,653,414 $305,500 $305,500 $0 $305,500 $0 $0 003 SPECIAL RECREATION $0 $2,568,674 $695,566 $0 $3,264,240 $3,264,240 $0 $3,264,240 $0 $0 005 COMMUNITY BENEFIT PROGRAM $975,312 $38,950 $0 $0 $1,014,262 $13,704 $0 $13,704 $25,246 $1,000,558 006 DRUG ABUSE RESIST EDUCATION $42,995 $1,500 $0 $0 $44,495 $12,600 $0 $12,600 ($11,100) $31,895 007 SOLAR INCENTIVE GRANT PROGRAM $33,668 $1,854 $0 $0 $35,522 $15,000 $0 $15,000 ($13,146) $20,522 008 EE HOME LOAN PROGRAM $70,130 $2,700 $0 $0 $72,830 $0 $0 $0 $2,700 $72,830 009 ASSET SEIZURE $46,771 $3,500 $0 $0 $50,271 $4,097 $0 $4,097 ($597) $46,174 010 PENSION STABILIZATION $106,738 $4,200 $0 $0 $110,938 $0 $0 $0 $4,200 $110,938 011 FACILITIES REPLACEMENT $2,783,933 $110,000 $0 $0 $2,893,933 $0 $0 $0 $110,000 $2,893,933 012 SUSTAINABLE FC $372,165 $15,000 $50,000 $0 $437,165 $7,200 $0 $7,200 $57,800 $429,965 Subtotal General Funds $64,454,197 $71,880,720 $44,398,980 $49,998,980 $130,734,917 $70,337,679 $0 $70,337,679 ($4,056,959) $60,397,238 Special Revenue Funds
101 TRAFFIC SAFETY $6,337 $41,200 $0 $0 $47,537 $40,000 $0 $40,000 $1,200 $7,537 102 MEASURE "A" $4,471,123 $1,158,300 $0 $0 $5,629,423 $0 $4,455,000 $4,455,000 ($3,296,700) $1,174,423 103 GAS TAX $231,947 $983,623 $0 $0 $1,215,570 $636,358 $0 $636,358 $347,265 $579,212 104 PARK IN-LIEU FEES $2,510,283 $100,000 $0 $0 $2,610,283 $0 $0 $0 $100,000 $2,610,283 105 MEASURE M $127,823 $100,000 $0 $0 $227,823 $0 $120,000 $120,000 ($20,000) $107,823 108 SLESF/COPS GRANT $69,950 $205,000 $0 $0 $274,950 $100,000 $0 $100,000 $105,000 $174,950 114 CalOpps Fund $461,026 $466,000 $0 $0 $927,026 $467,032 $0 $467,032 ($1,032) $459,994 116 FOSTER CITY FOUNDATION FUND $300,517 $80,500 $0 $0 $381,017 $110,000 $0 $110,000 ($29,500) $271,017 119 SB1 ROAD MAINT&REHAB A/C $1,046,203 $1,015,838 $0 $0 $2,062,041 $0 $975,000 $975,000 $40,838 $1,087,041 122 LMIHAF-HOUSING SUCCESSOR $2,671,960 $173,345 $0 $0 $2,845,305 $235,156 $0 $235,156 ($61,811) $2,610,149 124 FC AFFORDABLE HOUSING $4,928,759 $70,000 $0 $0 $4,998,759 $0 $0 $0 $70,000 $4,998,759 128 GENERAL PLAN MAINTENANCE $3,830,721 $1,280,624 $0 $0 $5,111,345 $802,777 $0 $802,777 $477,847 $4,308,568 129 CONST & DEMO RECYCLING FUND $701,275 $83,037 $0 $50,000 $734,312 $181,500 $0 $181,500 ($148,463) $552,812 130 TECHNOLOGY MAINTENANCE $426,562 $221,290 $0 $0 $647,852 $105,485 $0 $105,485 $115,805 $542,367 131 SB 1186 FUND $62,298 $9,665 $0 $0 $71,963 $2,300 $0 $2,300 $7,365 $69,663 132 SMIP FEE FUND $9,522 $639 $0 $0 $10,161 $500 $0 $500 $139 $9,661 133 CRV GRANT FUND $10,869 $9,002 $0 $0 $19,871 $13,000 $0 $13,000 ($3,998) $6,871 134 CURBSIDE RECYCLING $303,654 $27,450 $0 $0 $331,104 $25,000 $0 $25,000 $2,450 $306,104 135 GREEN BUILDING FEE $9,550 $927 $0 $0 $10,477 $500 $0 $500 $427 $9,977 136 MEASURE W $880,918 $559,184 $0 $0 $1,440,102 $0 $820,000 $820,000 ($260,816) $620,102 137 AFFORDABLE HOUSING-COMMERCIAL LINKAGE FEES $12,673,249 $8,131,386 $0 $0 $20,804,635 $10,000 $0 $10,000 $8,121,386 $20,794,635 138 TENANT RELOCATION ASSISTANCE $264,214 $10,000 $0 $0 $274,214 $0 $0 $0 $10,000 $274,214 139 WORKFORCE HOUSING $286,307 $662,377 $0 $0 $948,684 $398,369 $0 $398,369 $264,008 $550,315 140 EQUIP REPLACEMENT-WORKFORCE HOUSING $100,364 $29,767 $0 $0 $130,131 $0 $0 $0 $29,767 $130,131 141 SB1383 IMPLEMENTATION ($5,991) $515 $0 $0 ($5,476) $6,979 $0 $6,979 ($6,464) ($12,455) 142 IMPACT FEE - PARKS FACILITIES $469,086 $924,551 $0 $0 $1,393,637 $0 $0 $0 $924,551 $1,393,637 143 IMPACT FEE - PUBLIC SAFETY $161,047 $96,683 $0 $0 $257,730 $0 $0 $0 $96,683 $257,730 144 IMPACT FEE - TRANSPORTATION $511,963 $321,905 $0 $0 $833,868 $0 $300,000 $300,000 $21,905 $533,868 145 LOCAL HOUSING TRUST $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Special Revenue Funds $37,521,536 $16,762,808 $0 $50,000 $54,234,344 $3,134,956 $6,670,000 $9,804,956 $6,907,852 $44,429,388 (Continued on next page)
Fiscal Year Ended June 30, 2027
City of Foster City / Estero Municipal Improvement District Summary of Resources and Requirements by Funds
For the Fiscal Year Ended June 30, 2027 & 2028
FINAL BUDGET
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 1 (Continued from previous page)
Fund
*Available
July 1, 2026
Estimated
Revenues Transfers In Transfers Out Total Available
Operating
Expenditures
Capital
Expenditures
Total
Requirements
Net Change in
Reserves
*Available
June 30, 2027
Debt Service Fund
230 LEVEE PROTECT I&R IMP $5,328,714 $4,469,076 $0 $0 $9,797,790 $3,903,213 $0 $3,903,213 $565,863 $5,894,577 231 2023 GO BOND-LEVEE PRJ FD $249,346 $347,064 $0 $0 $596,410 $317,375 $0 $317,375 $29,689 $279,035 Subtotal Debt Service Funds $5,578,060 $4,816,140 $0 $0 $10,394,200 $4,220,588 $0 $4,220,588 $595,552 $6,173,612 Capital Projects Funds
301 CIP-CITY $21,918,333 $1,615,708 $7,380,000 $0 $30,914,041 $0 $15,928,000 $15,928,000 ($6,932,292) $14,986,041 326 CAPITAL ASSET ACQUISITION & REPLACEMENT $11,619,512 $1,477,067 $0 $0 $13,096,579 $0 $0 $0 $1,477,067 $13,096,579 327 LEVEE PROJECT FUND $963,741 $0 $0 $0 $963,741 $0 $0 $0 $0 $963,741 328 LEVEE PROJECT FD-2023 GO BOND $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Capital Projects Funds $34,501,586 $3,092,775 $7,380,000 $0 $44,974,361 $0 $15,928,000 $15,928,000 ($5,455,225) $29,046,361 Enterprise Funds
Water Funds
401 WATER REVENUE $11,289,860 $21,745,228 $0 $2,600,000 $30,435,088 $21,132,715 $0 $21,132,715 ($1,987,487) $9,302,373 405 CIP-WATER $30,034,255 $0 $2,600,000 $0 $32,634,255 $0 $2,200,000 $2,200,000 $400,000 $30,434,255 408 WATER EQUIPMENT REPLACEMENT $5,132,136 $523,853 $0 $0 $5,655,989 $165,000 $0 $165,000 $358,853 $5,490,989 409 WATER CONNECTION FEE $675,359 $509,855 $0 $0 $1,185,214 $0 $0 $0 $509,855 $1,185,214 Subtotal Water Funds $47,131,610 $22,778,936 $2,600,000 $2,600,000 $69,910,546 $21,297,715 $2,200,000 $23,497,715 ($718,779) $46,412,831 Wastewater Funds
451 WASTEWATER REVENUE $17,349,135 $22,482,000 $2,500 $15,814,186 $24,019,449 $12,439,395 $0 $12,439,395 ($5,769,081) $11,580,054 453 WASTEWATER SURPLUS $2,000,000 $0 $2,092,250 $2,092,250 $2,000,000 $0 $0 $0 $0 $2,000,000 454 SAN MATEO-FOSTER CITY PUBLIC FINANCING AUTHORITY LOAN ($36,766,040) $0 $2,092,250 $0 ($34,673,790) $2,092,000 $0 $2,092,000 $250 ($36,765,790) 455 CIP-SEWER $181,570,658 $0 $9,800,000 $0 $191,370,658 $0 $8,857,803 $8,857,803 $942,197 $182,512,855 456 WASTEWATER PLANT EXPANSION $3,500 $2,500 $0 $2,500 $3,500 $0 $0 $0 $0 $3,500 458 WASTEWATER EQUIPMENT REPLACEMENT $4,635,172 $374,538 $0 $0 $5,009,710 $180,000 $0 $180,000 $194,538 $4,829,710 459 WATER INFRASTRUCTURE FINANCE & INNOVATION ACT LOAN ($46,445,337) $100,000 $2,659,832 $0 ($43,685,505) $2,659,832 $0 $2,659,832 $100,000 ($46,345,337) 460 WASTEWATER CAPACITY $1,848,453 $1,209,560 $0 $0 $3,058,013 $0 $1,000,000 $1,000,000 $209,560 $2,058,013 461 STATE REVOLVING FUND/OTHER BONDS ($28,712,973) $0 $1,262,104 $0 ($27,450,869) $1,262,104 $0 $1,262,104 $0 ($28,712,973) Subtotal Wastewater Funds $95,482,568 $24,168,598 $17,908,936 $17,908,936 $119,651,166 $18,633,331 $9,857,803 $28,491,134 ($4,322,536) $91,160,032 Subtotal Enterprise Funds $142,614,178 $46,947,534 $20,508,936 $20,508,936 $189,561,712 $39,931,046 $12,057,803 $51,988,849 ($5,041,315) $137,572,863 Internal Service Funds
501 VEHICLE REPLACEMENT $10,670,278 $2,439,081 $0 $0 $13,109,359 $2,285,274 $0 $2,285,274 $153,807 $10,824,085 502 EQUIPMENT REPLACEMENT $9,981,659 $1,007,513 $0 $480,000 $10,509,172 $227,800 $770,000 $997,800 ($470,287) $9,511,372 503 SELF INSURANCE $1,643,759 $2,160,175 $0 $0 $3,803,934 $2,113,610 $0 $2,113,610 $46,565 $1,690,324 504 COMMUNICATION & INFO SVC $7,397,723 $3,170,771 $0 $0 $10,568,494 $4,002,391 $0 $4,002,391 ($831,620) $6,566,103 505 BUILDING MAINTENANCE $9,427,194 $4,172,310 $0 $1,250,000 $12,349,504 $4,874,256 $1,250,000 $6,124,256 ($3,201,946) $6,225,248 507 EMPLOYEE BENEFITS LIAB $3,024,404 $343,420 $0 $0 $3,367,824 $247,720 $0 $247,720 $95,700 $3,120,104 508 PEMHCA $1,827,606 $55,000 $0 $0 $1,882,606 $519,751 $0 $519,751 ($464,751) $1,362,855 509 COMPENSATED ABSENCES $3,659,530 $117,000 $0 $0 $3,776,530 $804,922 $0 $804,922 $(687,922) $2,971,608 510 WORKERS COMPENSATION $383,982 $1,564,082 $0 $0 $1,948,064 $1,214,100 $0 $1,214,100 $349,982 $733,964 Subtotal Internal Service Funds $48,016,135 $15,029,352 $0 $1,730,000 $61,315,487 $16,289,824 $2,020,000 $18,309,824 ($5,010,472) $43,005,663 Fiduciary Fund
604 SUCCESSOR AGENCY ($394,926) $309,309 $0 $0 ($85,617) $581,910 $0 $581,910 ($272,601) ($667,527) 608 SAN MATEO CONSOLIDATED FIRE $0 $149,000 $0 $0 $149,000 $149,000 $0 $149,000 $0 $0 Subtotal Fiduciary Fund ($394,926) $458,309 $0 $0 $63,383 $730,910 $0 $730,910 ($272,601) ($667,527) Total All Funds $332,290,766 $158,987,638 $72,287,916 $72,287,916 $491,278,404 $134,645,003 $36,675,803 $171,320,806 ($12,333,167) $319,957,598 Fiscal Year Ended June 30, 2027
*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 / Estero Municipal Improvement District Summary of Resources and Requirements by Funds
For the Fiscal Year Ended June 30, 2027 & 2028
FINAL BUDGET
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 2 Fund
*Available
July 1, 2027
Estimated
Revenues Transfers In Transfers Out Total Available
Operating
Expenditures
Capital
Expenditures
Total
Requirements
Net Change in
Reserves
*Available
June 30, 2028
General Funds
001 GENERAL FUND $55,790,423 $22,696,966 $44,845,451 $5,853,416 $117,479,424 $66,381,743 $0 $66,381,743 ($4,692,742) $51,097,681 002 GENERAL FUND-DISTRICT $0 $45,181,501 $0 $44,845,451 $336,050 $336,050 $0 $336,050 $0 $0 003 SPECIAL RECREATION $0 $3,312,268 $53,416 $0 $3,365,684 $3,365,684 $0 $3,365,684 $0 $0 005 COMMUNITY BENEFIT PROGRAM $1,000,558 $36,223 $0 $0 $1,036,781 $13,704 $0 $13,704 $22,519 $1,023,077 006 DRUG ABUSE RESIST EDUCATION $31,895 $1,395 $0 $0 $33,290 $12,600 $0 $12,600 ($11,205) $20,690 007 SOLAR INCENTIVE GRANT PROGRAM $20,522 $1,724 $0 $0 $22,246 $15,000 $0 $15,000 ($13,276) $7,246 008 EE HOME LOAN PROGRAM $72,830 $2,511 $0 $0 $75,341 $0 $0 $0 $2,511 $75,341 009 ASSET SEIZURE $46,174 $3,405 $0 $0 $49,579 $4,220 $0 $4,220 ($815) $45,359 010 PENSION STABILIZATION $110,938 $3,906 $0 $0 $114,844 $0 $0 $0 $3,906 $114,844 011 FACILITIES REPLACEMENT $2,893,933 $102,300 $0 $0 $2,996,233 $0 $0 $0 $102,300 $2,996,233 012 SUSTAINABLE FC $429,965 $13,950 $50,000 $0 $493,915 $7,200 $0 $7,200 $56,750 $486,715 Subtotal General Funds $60,397,238 $71,356,149 $44,948,867 $50,698,867 $126,003,387 $70,136,201 $0 $70,136,201 ($4,530,052) $55,867,186 Special Revenue Funds
101 TRAFFIC SAFETY $7,537 $42,436 $0 $0 $49,973 $41,200 $0 $41,200 $1,236 $8,773 102 MEASURE "A" $1,174,423 $1,174,049 $0 $0 $2,348,472 $0 $1,005,000 $1,005,000 $169,049 $1,343,472 103 GAS TAX $579,212 $1,010,751 $0 $0 $1,589,963 $655,448 $300,000 $955,448 $55,303 $634,515 104 PARK IN-LIEU FEES $2,610,283 $93,000 $0 $0 $2,703,283 $0 $0 $0 $93,000 $2,703,283 105 MEASURE M $107,823 $103,000 $0 $0 $210,823 $0 $130,000 $130,000 ($27,000) $80,823 108 SLESF/COPS GRANT $174,950 $211,150 $0 $0 $386,100 $100,000 $0 $100,000 $111,150 $286,100 114 CalOpps Fund $459,994 $464,530 $0 $0 $924,524 $478,330 $0 $478,330 ($13,800) $446,194 116 FOSTER CITY FOUNDATION FUND $271,017 $90,500 $0 $0 $361,517 $119,265 $0 $119,265 ($28,765) $242,252 119 SB1 ROAD MAINT&REHAB A/C $1,087,041 $1,034,813 $0 $0 $2,121,854 $0 $855,000 $855,000 $179,813 $1,266,854 122 LMIHAF-HOUSING SUCCESSOR $2,610,149 $167,545 $0 $0 $2,777,694 $238,966 $0 $238,966 ($71,421) $2,538,728 124 FC AFFORDABLE HOUSING $4,998,759 $32,550 $0 $0 $5,031,309 $0 $0 $0 $32,550 $5,031,309 128 GENERAL PLAN MAINTENANCE $4,308,568 $1,331,042 $0 $0 $5,639,610 $707,448 $0 $707,448 $623,594 $4,932,162 129 CONST & DEMO RECYCLING FUND $552,812 $81,128 $0 $50,000 $583,940 $184,695 $0 $184,695 ($153,567) $399,245 130 TECHNOLOGY MAINTENANCE $542,367 $230,548 $0 $0 $772,915 $108,650 $0 $108,650 $121,898 $664,265 131 SB 1186 FUND $69,663 $9,555 $0 $0 $79,218 $2,300 $0 $2,300 $7,255 $76,918 132 SMIP FEE FUND $9,661 $638 $0 $0 $10,299 $500 $0 $500 $138 $9,799 133 CRV GRANT FUND $6,871 $9,248 $0 $0 $16,119 $13,390 $0 $13,390 ($4,142) $2,729 134 CURBSIDE RECYCLING $306,104 $27,074 $0 $0 $333,178 $25,000 $0 $25,000 $2,074 $308,178 135 GREEN BUILDING FEE $9,977 $935 $0 $0 $10,912 $500 $0 $500 $435 $10,412 136 MEASURE W $620,102 $567,960 $0 $0 $1,188,062 $0 $435,000 $435,000 $132,960 $753,062 137 AFFORDABLE HOUSING-COMMERCIAL LINKAGE FEES $20,794,635 $2,632,561 $0 $0 $23,427,196 $10,000 $0 $10,000 $2,622,561 $23,417,196 138 TENANT RELOCATION ASSISTANCE $274,214 $9,300 $0 $0 $283,514 $0 $0 $0 $9,300 $283,514 139 WORKFORCE HOUSING $550,315 $664,934 $0 $0 $1,215,249 $407,932 $0 $407,932 $257,002 $807,317 140 EQUIP REPLACEMENT-WORKFORCE HOUSING $130,131 $30,603 $0 $0 $160,734 $0 $0 $0 $30,603 $160,734 141 SB1383 IMPLEMENTATION ($12,455) $479 $0 $0 $(11,976) $0 $0 $0 $479 $(11,976) 142 IMPACT FEE - PARKS FACILITIES $1,393,637 $283,268 $0 $0 $1,676,905 $0 $0 $0 $283,268 $1,676,905 143 IMPACT FEE - PUBLIC SAFETY $257,730 $46,943 $0 $0 $304,673 $0 $0 $0 $46,943 $304,673 144 IMPACT FEE - TRANSPORTATION $533,868 $161,408 $0 $0 $695,276 $0 $150,000 $150,000 $11,408 $545,276 145 LOCAL HOUSING TRUST $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Subtotal Special Revenue Funds $44,429,388 $10,511,948 $0 $50,000 $54,891,336 $3,093,624 $2,875,000 $5,968,624 $4,493,324 $48,922,712 (Continued on next page)
Fiscal Year Ended June 30, 2028
City of Foster City / Estero Municipal Improvement District Summary of Resources and Requirements by Funds
For the Fiscal Year Ended June 30, 2027 & 2028
FINAL BUDGET
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 3 (Continued from previous page)
Fund
*Available
July 1, 2027
Estimated
Revenues Transfers In Transfers Out Total Available
Operating
Expenditures
Capital
Expenditures
Total
Requirements
Net Change in
Reserves
*Available
June 30, 2028
Debt Service Fund
230 LEVEE PROTECT I&R IMP $5,894,577 $4,579,510 $0 $0 $10,474,087 $3,903,113 $0 $3,903,113 $676,397 $6,570,974 231 2023 GO BOND-LEVEE PRJ FD $279,035 $356,439 $0 $0 $635,474 $317,000 $0 $317,000 $39,439 $318,474 Subtotal Debt Service Funds $6,173,612 $4,935,949 $0 $0 $11,109,561 $4,220,113 $0 $4,220,113 $715,836 $6,889,448 Capital Projects Funds
301 CIP-CITY $14,986,041 $1,504,179 $6,300,000 $0 $22,790,220 $0 $8,683,500 $8,683,500 $(879,321) $14,106,720 326 CAPITAL ASSET ACQUISITION & REPLACEMENT $13,096,579 $1,488,047 $0 $0 $14,584,626 $0 $0 $0 $1,488,047 $14,584,626 327 LEVEE PROJECT FUND $963,741 $0 $0 $0 $963,741 $0 $0 $0 $0 $963,741 328 LEVEE PROJECT FD-2023 GO BOND $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Capital Projects Funds $29,046,361 $2,992,226 $6,300,000 $0 $38,338,587 $0 $8,683,500 $8,683,500 $608,726 $29,655,087 Enterprise Funds
Water Funds
401 WATER REVENUE $9,302,373 $23,178,738 $0 $2,600,000 $29,881,111 $21,938,623 $0 $21,938,623 $(1,359,885) $7,942,488 405 CIP-WATER $30,434,255 $0 $2,600,000 $0 $33,034,255 $0 $1,450,000 $1,450,000 $1,150,000 $31,584,255 408 WATER EQUIPMENT REPLACEMENT $5,490,989 $539,569 $0 $0 $6,030,558 $470,500 $0 $470,500 $69,069 $5,560,058 409 WATER CONNECTION FEE $1,185,214 $11,160 $0 $0 $1,196,374 $0 $0 $0 $11,160 $1,196,374 Subtotal Water Funds $46,412,831 $23,729,467 $2,600,000 $2,600,000 $70,142,298 $22,409,123 $1,450,000 $23,859,123 ($129,656) $46,283,175 Wastewater Funds
451 WASTEWATER REVENUE $11,580,054 $22,829,000 $2,500 $9,613,280 $24,798,274 $12,752,329 $0 $12,752,329 $465,891 $12,045,945 453 WASTEWATER SURPLUS $2,000,000 $0 $2,091,375 $2,091,375 $2,000,000 $0 $0 $0 $0 $2,000,000 454
SAN MATEO-FOSTER CITY PUBLIC FINANCING AUTHORITY
LOAN ($36,765,790) $0 $2,091,375 $0 $(34,674,415) $2,091,125 $0 $2,091,125 $250 $(36,765,540) 455 CIP-SEWER $182,512,855 $0 $3,600,000 $0 $186,112,855 $0 $2,000,000 $2,000,000 $1,600,000 $184,112,855 456 WASTEWATER PLANT EXPANSION $3,500 $2,500 $0 $2,500 $3,500 $0 $0 $0 $0 $3,500 458 WASTEWATER EQUIPMENT REPLACEMENT $4,829,710 $385,774 $0 $0 $5,215,484 $342,500 $0 $342,500 $43,274 $4,872,984 459 WATER INFRASTRUCTURE FINANCE & INNOVATION ACT LOAN ($46,345,337) $93,000 $2,659,832 $0 $(43,592,505) $2,659,832 $0 $2,659,832 $93,000 $(46,252,337) 460 WASTEWATER CAPACITY $2,058,013 $8,430 $0 $0 $2,066,443 $0 $0 $0 $8,430 $2,066,443 461 STATE REVOLVING FUND/OTHER BONDS ($28,712,973) $0 $1,262,073 $0 $(27,450,900) $1,262,073 $0 $1,262,073 $0 $(28,712,973) Subtotal Wastewater Funds $91,160,032 $23,318,704 $11,707,155 $11,707,155 $114,478,736 $19,107,859 $2,000,000 $21,107,859 $2,210,845 $93,370,877 Subtotal Enterprise Funds $137,572,863 $47,048,171 $14,307,155 $14,307,155 $184,621,034 $41,516,982 $3,450,000 $44,966,982 $2,081,189 $139,654,052 Internal Service Funds
501 VEHICLE REPLACEMENT $10,824,085 $2,477,253 $0 $0 $13,301,338 $6,603,136 $0 $6,603,136 $(4,125,883) $6,698,202 502 EQUIPMENT REPLACEMENT $9,511,372 $1,002,738 $0 $0 $10,514,110 $598,100 $0 $598,100 $404,638 $9,916,010 503 SELF INSURANCE $1,690,324 $2,223,380 $0 $0 $3,913,704 $2,210,908 $0 $2,210,908 $12,472 $1,702,796 504 COMMUNICATION & INFO SVC $6,566,103 $3,230,894 $0 $0 $9,796,997 $3,076,574 $0 $3,076,574 $154,320 $6,720,423 505 BUILDING MAINTENANCE $6,225,248 $4,253,479 $0 $500,000 $9,978,727 $5,163,172 $500,000 $5,663,172 $(1,909,693) $4,315,555 507 EMPLOYEE BENEFITS LIAB $3,120,104 $343,723 $0 $0 $3,463,827 $247,720 $0 $247,720 $96,003 $3,216,107 508 PEMHCA $1,362,855 $51,150 $0 $0 $1,414,005 $556,008 $0 $556,008 $(504,858) $857,997 509 COMPENSATED ABSENCES $2,971,608 $108,810 $0 $0 $3,080,418 $829,070 $0 $829,070 $(720,260) $2,251,348 510 WORKERS COMPENSATION $733,964 $1,595,345 $0 $0 $2,329,309 $1,241,100 $0 $1,241,100 $354,245 $1,088,209 Subtotal Internal Service Funds $43,005,663 $15,286,772 $0 $500,000 $57,792,435 $20,525,788 $500,000 $21,025,788 ($6,239,016) $36,766,647 Fiduciary Fund
604 SUCCESSOR AGENCY ($667,527) $318,197 $0 $0 $(349,330) $353,550 $0 $353,550 $(35,353) $(702,880) 608 SAN MATEO CONSOLIDATED FIRE $0 $149,000 $0 $0 $149,000 $149,000 $0 $149,000 $0 $0 Subtotal Fiduciary Fund ($667,527) $467,197 $0 $0 ($200,330) $502,550 $0 $502,550 ($35,353) ($702,880) Total All Funds $319,957,598 $152,598,412 $65,556,022 $65,556,022 $472,556,010 $139,995,258 $15,508,500 $155,503,758 ($2,905,345) $317,052,252 Fiscal Year Ended June 30, 2028
*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 / Estero Municipal Improvement District Summary of Resources and Requirements by Funds
For the Fiscal Year Ended June 30, 2027 & 2028
FINAL BUDGET
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 4 General Fund 001-003
City
Property Taxes in-lieu of Vehicle License Fee $2,680,715 $2,680,715 $3,833,192 $3,633,776 Sales Taxes $3,992,179 $3,992,179 $3,725,000 $3,793,000 Transient Occupancy Tax $4,600,000 $4,600,000 $4,017,000 $4,137,510 Business License Tax $4,100,000 $4,100,000 $3,811,000 $3,925,330 Franchise Taxes $1,377,700 $1,377,700 $1,464,341 $1,508,271 Real Property Transfer Tax $304,900 $304,900 $468,392 $482,444 Permits $2,721,093 $2,721,093 $4,609,624 $2,081,104
Intergovernmental (POST, SB90, Grants, etc.) $43,260 $43,260 $43,260 $44,558 Charges for current services $566,739 $566,739 $575,340 $592,600 Fines and forfeitures $87,922 $87,922 $48,822 $50,286
Interest $1,500,000 $1,500,000 $2,087,544 $1,941,416
Other (Fines, Reimbursement, Street Sweeping, Other) $491,913 $491,913 $491,913 $506,671 General Fund (City) Subtotal $22,466,421 $22,466,421 $25,175,428 $22,696,966 District
Property Taxes $36,356,666 $36,356,666 $38,858,400 $39,946,435 Excess ERAF $3,600,000 $3,600,000 $3,968,888 $4,080,017 Intergovernmental $100,940 $100,940 $100,940 $103,968
Rentals $1,030,686 $1,030,686 $1,030,686 $1,051,081
Interest $213,900 $213,900 $0 $0
General Fund (District) Subtotal $41,302,192 $41,302,192 $43,958,914 $45,181,501 Special Recreation
Program Revenues $1,781,431 $1,781,431 $1,713,416 $1,955,568 Rents and Concessions $549,121 $549,121 $855,258 $1,356,700 General Fund (Special Recreation) Subtotal $2,330,552 $2,330,552 $2,568,674 $3,312,268 total general fund 001-003 $66,099,165 $66,099,165 $71,703,016 $71,190,735 General Fund 005-012
City
Community Benefits Program $20,000 $20,000 $38,950 $36,223 Intergovernmental (D.A.R.E.) $1,030 $13,030 $1,500 $1,395 Solar Incentive Grant Program $1,854 $1,854 $1,854 $1,724 Employee Rental Assistance Program $1,494 $1,494 $2,700 $2,511 Asset Seizure Program $1,751 $1,751 $3,500 $3,405
Pension Sustainability Fund $3,399 $3,399 $4,200 $3,906 Facilities Replacement Fund $77,971 $77,971 $110,000 $102,300 Sustainable Foster City Fund $4,841 $4,841 $15,000 $13,950 General Fund 005-012 (City) Subtotal $112,340 $124,340 $177,704 $165,414 total general fund 005-012 $112,340 $124,340 $177,704 $165,414 Total General Fund (ALL) $66,211,505 $66,223,505 $71,880,720 $71,356,149 (Continued on next page)
2025-26 2026-27 2027-28
Approved Revised Budget Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2027 & 2028
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 5 Special Revenue Funds
Traffic Safety
Vehicle Code Fines $41,200 $41,200 $41,200 $42,436
Interest $0 $0 $0 $0
Traffic Safety Subtotal $41,200 $41,200 $41,200 $42,436 Measure A
Sales Taxes $964,492 $964,492 $968,300 $997,349
Interest $125,600 $125,600 $190,000 $176,700
Measure A Subtotal $1,090,092 $1,090,092 $1,158,300 $1,174,049 Gas Tax (2030; 2105 - 2107.5; 2103 Gas Tax Swap)
Gas Tax (2105-2107.5) $627,270 $627,270 $645,723 $664,914 Gas Tax (2103) $308,206 $308,206 $315,900 $325,377
Interest $14,317 $14,317 $22,000 $20,460
Gas Tax (2030; 2105-2107.5; 2103 Gas Tax Swap) Subtotal $949,793 $949,793 $983,623 $1,010,751 Park In-Lieu Fees
Developer Fees $0 $0 $0 $0
Interest $100,000 $100,000 $100,000 $93,000
Park In-Lieu Fees Subtotal $100,000 $100,000 $100,000 $93,000 Measure M
Vehicle License Fees $127,823 $127,823 $100,000 $103,000 Measure M Subtotal $127,823 $127,823 $100,000 $103,000
SLESF/COPS Grant
Grant $169,950 $169,950 $205,000 $211,150
SLESF/COPS Subtotal $169,950 $169,950 $205,000 $211,150 CalOpps.org
Fees for Services $445,000 $445,000 $445,000 $445,000
Interest $19,982 $19,982 $21,000 $19,530
CalOpps.org Subtotal $464,982 $464,982 $466,000 $464,530 Foster City Foundation
Grants and Donations $21,000 $21,000 $80,500 $90,500
Foster City Foundation Subtotal $21,000 $21,000 $80,500 $90,500 SB1 Road Maintenance and Rehabilitation
Road Maintenance and Rehabilitation Account $900,838 $900,838 $900,838 $927,863 Interest $29,664 $29,664 $115,000 $106,950
SB1 Road Maintenance and Rehabilitation Fund Subtotal $930,502 $930,502 $1,015,838 $1,034,813 Low- and Moderate-Income Housing Fund (LMIHF)
Loan Payment $0 $0 $0 $0
Rentals $63,345 $63,345 $63,345 $65,245
Interest $83,533 $83,533 $110,000 $102,300
LMIHF Fund Subtotal $146,878 $146,878 $173,345 $167,545 City Affordable Housing Fund
Loan Repayment $0 $0 $0 $0
Other $35,000 $35,000 $35,000 $0
Interest $31,364 $31,364 $35,000 $32,550
City Affordable Housing Fund Subtotal $66,364 $66,364 $70,000 $32,550 (Continued on next page)
2025-26 2026-27 2027-28
Approved Revised Budget Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2027 & 2028
(Continued from previous page)
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 6 General Plan Maintenance Fund
Other $1,136,522 $1,136,522 $1,155,624 $1,214,792
Interest $61,646 $61,646 $125,000 $116,250
General Plan Maintenance Fund Subtotal $1,198,168 $1,198,168 $1,280,624 $1,331,042 Construction & Demo Fund
Other $39,037 $39,037 $39,037 $40,208
Interest $36,977 $36,977 $44,000 $40,920
Construction & Demo Fund Subtotal $76,014 $76,014 $83,037 $81,128 Technology Maintenance Fund
Other $203,773 $203,773 $208,290 $218,458
Interest $7,210 $7,210 $13,000 $12,090
Technology Maintenance Fund Subtotal $210,983 $210,983 $221,290 $230,548 SB 1186 Fund
Other $5,665 $5,665 $5,665 $5,835
Interest $1,391 $1,391 $4,000 $3,720
SB 1186 Fund Subtotal $7,056 $7,056 $9,665 $9,555
SMIP Fund
Other $433 $433 $433 $446
Interest $206 $206 $206 $192
SMIP Fund Subtotal $639 $639 $639 $638
CRV Grant Fund
Other $8,755 $8,755 $8,755 $9,018
Interest $247 $247 $247 $230
CRV Grant Fund Subtotal $9,002 $9,002 $9,002 $9,248
Curbside Recycling Fund
Other $15,450 $15,450 $15,450 $15,914
Interest $8,807 $8,807 $12,000 $11,160
Curbside Recycling Fund Subtotal $24,257 $24,257 $27,450 $27,074 Green Building Fees Fund
Other $721 $721 $721 $743
Interest $206 $206 $206 $192
Green Building Fees Fund Subtotal $927 $927 $927 $935
Measure W Fund
Sales Taxes $467,723 $467,723 $479,184 $493,560
Interest $33,372 $33,372 $80,000 $74,400
Measure W Fund Subtotal $501,095 $501,095 $559,184 $567,960 Affordable Housing Fund-Commercial Linkage Fees Fund
Charges for current services $7,831,386 $7,831,386 $7,831,386 $2,353,561 Interest $16,892 $16,892 $300,000 $279,000
Affordable Housing Fund-Commercial Linkage Fees Fund Subtotal $7,848,278 $7,848,278 $8,131,386 $2,632,561 Tenant Relocation Assistance Fund
Interest $3,708 $3,708 $10,000 $9,300
Tenant Relocation Assistance Fund Subtotal $3,708 $3,708 $10,000 $9,300 (Continued on next page)
2025-26 2026-27 2027-28
Approved Revised Budget Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2027 & 2028
(Continued from previous page)
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 7 Workforce Housing Fund
Rentals $622,488 $622,488 $622,488 $622,488
Other $32,889 $32,889 $32,889 $35,936
Interest $6,018 $6,018 $7,000 $6,510
Workforce Housing Fund Subtotal $661,395 $661,395 $662,377 $664,934 Workforce Housing - Equipment Replacement Fund
ISF Charges $29,190 $29,190 $29,190 $30,066
Interest $577 $577 $577 $537
Workforce Housing - Equipment Replacement Fund Subtotal $29,767 $29,767 $29,767 $30,603 SB1383 Implementation Fund
Interest $515 $515 $515 $479
SB1383 Implementation Subtotal $515 $515 $515 $479
Impact Fees - Parks Facilities
Charges for current services $915,952 $915,952 $915,951 $275,270 Interest $0 $0 $8,600 $7,998
Impact Fees - Parks Facilities Subtotal $915,952 $915,952 $924,551 $283,268 Impact Fees - Public Safety
Charges for current services $96,684 $96,684 $96,683 $46,943 Interest $0 $0 $0 $0
Impact Fees - Public Safety Subtotal $96,684 $96,684 $96,683 $46,943 Impact Fees - Transportation
Charges for current services $310,405 $310,405 $310,405 $150,713 Interest $0 $0 $11,500 $10,695
Impact Fees - Transportation Subtotal $310,405 $310,405 $321,905 $161,408 Local Housing Trust Fund
Intergovernmental $0 $0 $0 $0
Local Housing Trust Fund Subtotal $0 $0 $0 $0
total special revenue funds $16,003,429 $16,003,429 $16,762,808 $10,511,948 Debt Services Fund
City - GO Bond 2020
Property Taxes $4,207,550 $4,207,550 $4,319,076 $4,440,010 Interest $4,635 $4,635 $150,000 $139,500
City Debt Services Subtotal $4,212,185 $4,212,185 $4,469,076 $4,579,510 City - GO Bond 2023
Property Taxes $319,300 $319,300 $343,564 $353,184
Interest $515 $515 $3,500 $3,255
City Debt Services Subtotal $319,815 $319,815 $347,064 $356,439 total debt services fund $4,532,000 $4,532,000 $4,816,140 $4,935,949 (Continued on next page)
2025-26 2026-27 2027-28
Approved Revised Budget Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2027 & 2028
(Continued from previous page)
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 8 Capital Projects Fund
City Capital Projects
Other $15,708 $15,708 $15,708 $16,179
Interest $1,450,000 $1,450,000 $1,600,000 $1,488,000
City Capital Projects Subtotal $1,465,708 $1,465,708 $1,615,708 $1,504,179 Capital Asset Acquisition and Replacement Fund
Loans Receivable Payments $755,754 $755,754 $780,685 $806,439 Interest $717,026 $717,026 $696,382 $681,608
Capital Asset Acquisition and Replacement Subtotal $1,472,780 $1,472,780 $1,477,067 $1,488,047 total capital projects fund $2,938,488 $2,938,488 $3,092,775 $2,992,226 Enterprise Funds
Water Revenue
User Charges $19,174,000 $19,174,000 $21,238,228 $22,673,738 Interest $317,000 $317,000 $257,000 $205,000
Sustainability Fund Revenues $250,000 $250,000 $250,000 $300,000 Water Revenue Subtotal $19,741,000 $19,741,000 $21,745,228 $23,178,738 Water Equipment Replacement
Equipment Rental $470,470 $470,470 $523,853 $539,569
Water Equipment Replacement Subtotal $470,470 $470,470 $523,853 $539,569 Water Connection
Connection Fees $497,855 $497,855 $497,855 $0
Interest $33,784 $33,784 $12,000 $11,160
Water Connection Subtotal $531,639 $531,639 $509,855 $11,160 Wastewater Revenue
User Charges $21,558,000 $21,558,000 $21,950,000 $22,471,000 Other $1,000 $1,000 $1,000 $1,000
Interest $1,000,000 $1,000,000 $531,000 $357,000
Wastewater Revenue Subtotal $22,559,000 $22,559,000 $22,482,000 $22,829,000 Wastewater Expansion
Other $2,500 $2,500 $2,500 $2,500
Wastewater Expansion Subtotal $2,500 $2,500 $2,500 $2,500 Wastewater Equipment Replacement
Equipment Rental $476,101 $476,101 $374,538 $385,774
Wastewater Equipment Replacement Subtotal $476,101 $476,101 $374,538 $385,774 Water Infrastructure Finance and Innovation Act (WIFIA) Financing Proceeds $66,860,640 $66,860,640 $0 $0
Interest $100,000 $100,000 $100,000 $93,000
Water Infrastructure Finance and Innovation Act (WIFIA) Subtotal $66,960,640 $66,960,640 $100,000 $93,000 Wastewater Connection
Connection Fees $1,200,496 $1,200,496 $1,200,496 $0
Interest $9,064 $9,064 $9,064 $8,430
Wastewater Connection Subtotal $1,209,560 $1,209,560 $1,209,560 $8,430 total enterprise funds $111,950,910 $111,950,910 $46,947,534 $47,048,171 (Continued on next page)
2025-26 2026-27 2027-28
Approved Revised Budget Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2027 & 2028
(Continued from previous page)
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 9 Internal Service Funds
Vehicle Replacement
Vehicle Replacement Charges $2,089,081 $2,089,081 $2,089,081 $2,151,753 Interest $91,950 $91,950 $350,000 $325,500
Vehicle Replacement Subtotal $2,181,031 $2,181,031 $2,439,081 $2,477,253 Equipment Replacement
Equipment Rental $657,513 $657,513 $657,513 $677,238
Interest $172,650 $172,650 $350,000 $325,500
Equipment Replacement Subtotal $830,163 $830,163 $1,007,513 $1,002,738 Self-Insurance
Insurance Charges $2,144,175 $2,144,175 $2,144,175 $2,208,500 Interest $18,750 $18,750 $16,000 $14,880
Self-Insurance Subtotal $2,162,925 $2,162,925 $2,160,175 $2,223,380 Information Technology
User Charges $2,778,889 $2,778,889 $2,778,889 $2,862,256 Other $41,882 $41,882 $41,882 $43,138
Interest $134,400 $134,400 $350,000 $325,500
Information Technology Subtotal $2,955,171 $2,955,171 $3,170,771 $3,230,894 Building Maintenance
User Charges $3,616,092 $3,616,092 $3,732,310 $3,844,279 Interest $168,750 $168,750 $440,000 $409,200
Building Maintenance Subtotal $3,784,842 $3,784,842 $4,172,310 $4,253,479 Longevity Recognition Benefits
Longevity Benefits Charges $229,402 $229,402 $243,420 $250,723 Interest $68,085 $68,085 $100,000 $93,000
Longevity Recognition Benefits Subtotal $297,487 $297,487 $343,420 $343,723 PEMHCA Benefits Plan
PEMHCA Benefits Charges $0 $0 $0 $0
Interest $162,915 $162,915 $55,000 $51,150
PEMHCA Benefits Plan Subtotal $162,915 $162,915 $55,000 $51,150 Compensated Absences
Employer Contributions $0 $0 $0 $0
Interest $87,975 $87,975 $117,000 $108,810
Compensated Absences Subtotal $87,975 $87,975 $117,000 $108,810 Workers Compensation
Workers Compensation Charges $1,563,882 $1,563,882 $1,563,882 $1,595,159 Interest $200 $200 $200 $186
Workers Compensation Subtotal $1,564,082 $1,564,082 $1,564,082 $1,595,345 total internal service funds $14,026,591 $14,026,591 $15,029,352 $15,286,772 (Continued on next page)
2025-26 2026-27 2027-28
Approved Revised Budget Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2027 & 2028
(Continued from previous page)
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 10 Fiduciary Fund
Successor Agency of Community Development Agency
Property, Current Secured $305,395 $305,395 $305,395 $314,557 Interest $3,914 $3,914 $3,914 $3,640
Successor Agency - Redevelopment Property Tax Trust Subtotal $309,309 $309,309 $309,309 $318,197 San Mateo Consolidated Fire
Other $149,000 $149,000 $149,000 $149,000
San Mateo Consolidated Fire Subtotal $149,000 $149,000 $149,000 $149,000 total fiduciary funds $458,309 $458,309 $458,309 $467,197 TOTAL REVENUE ALL FUNDS $216,121,232 $216,133,232 $158,987,638 $152,598,412 2025-26 2026-27 2027-28
Approved Revised Budget Budget
City of Foster City / Estero Municipal Improvement District Revenue by Source
For the Fiscal Year Ended June 30, 2027 & 2028
(Continued from previous page)
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 11 City of Foster City / Estero Municipal Improvement District Appropriations by Fund
For the Fiscal Year Ended June 30, 2027
Total Appropriations: $171,320,806
General Fund (001-003); $70,285,078; 41.02%
General Fund (005-012); $52,601; 0.03%
Special Revenue Funds; $9,804,956; 5.72%
Debt Service Funds; $4,220,588; 2.46%
Capital Improvements Projects; $15,928,000; 9.30%
Enterprise Funds; $51,988,849; 30.35%
Fiduciary Fund; $730,910; 0.43% Internal Service Funds; $18,309,824; 10.69% General Fund (001-003) General Fund (005-012) Special Revenue Funds Debt Service Funds Capital Improvements ProjectsLevee Project Fund Enterprise Funds Fiduciary Fund Internal Service Funds
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 12 City of Foster City / Estero Municipal Improvement District Appropriations by Fund
For the Fiscal Year Ended June 30, 2028
Total Appropriations: $155,503,758
General Fund (001-003); 70,083,477; 45.07%
General Fund (005-012); 52,724; 0.03%
Special Revenue Funds; 5,968,624; 3.84%
Debt Service Funds; 4,220,113; 2.71%
Capital Improvements Projects; 8,683,500; 5.59%
Enterprise Funds; 44,966,982; 28.92%
Fiduciary Fund; 502,550; 0.32%
Internal Service Funds; 21,025,788; 13.52%
General Fund (001-003) General Fund (005-012) Special Revenue Funds Debt Service Funds Capital Improvements ProjectsLevee Project Fund Enterprise Funds Fiduciary Fund Internal Service Funds
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 13 City of Foster City, California / Estero Municipal Improvement District Summary of Appropriations by Fund
Annual Appropriations for the Year Ending June 30, 2027 & 2028 2025-26 2025-26 2026-27 2027-28
APPROVED REVISED REQUESTED REQUESTED
GENERAL FUND (001-003) $64,872,745 $66,371,595 $70,285,078 $70,083,477 GENERAL FUND (005-012) $40,397 $69,105 $52,601 $52,724
TRAFFIC SAFETY $40,000 $40,000 $40,000 $41,200
MEASURE A $0 $0 $4,455,000 $1,005,000
GAS TAX (2105-2107) $1,127,270 $1,127,270 $636,358 $955,448 PARK IN-LIEU FEES $0 $0 $0 $0
MEASURE M $0 $0 $120,000 $130,000
SLESF/COPS GRANT $100,000 $100,000 $100,000 $100,000
CALOPPS.ORG $472,120 $556,610 $467,032 $478,330
FOSTER CITY FOUNDATION $88,000 $88,000 $110,000 $119,265 SB1 ROAD MAINTENANCE AND REHABILITATION $1,500,000 $1,500,000 $975,000 $855,000 LMIHAF-HOUSING SUCCESSOR $186,500 $186,500 $235,156 $238,966 CITY AFFORDABLE HOUSING FUND $5,224 $25,224 $0 $0
GENERAL PLAN MAINTENANCE FUND $409,512 $527,392 $802,777 $707,448 CONSTRUCTION AND DEMOLITION FUND $106,500 $106,500 $181,500 $184,695 TECHNOLOGY MAINTENANCE FUND $105,485 $105,485 $105,485 $108,650 SB 1186 FUND $2,300 $2,300 $2,300 $2,300
SMIP FEE FUND $500 $500 $500 $500
CRV GRANT FUND $13,000 $13,000 $13,000 $13,390
CURBSIDE RECYCLING FEE FUND $25,000 $25,000 $25,000 $25,000 GREEN BUILDING FEE FUND $500 $500 $500 $500
MEASURE W $0 $0 $820,000 $435,000
AFFORDABLE HOUSING-COMMERCIAL LINKAGE FEES $10,000 $889,250 $10,000 $10,000 WORKFORCE HOUSING $375,088 $375,088 $398,369 $407,932
SB1383 IMPLEMENTATION $6,979 $28,612 $6,979 $0
IMPACT FEE - PARKS FACILITIES $467,000 $467,000 $0 $0
IMPACT FEE - TRANSPORTATION $0 $0 $300,000 $150,000
LOCAL HOUSING TRUST $0 $0 $0 $0
DEBT SERVICES FUND $3,904,988 $3,904,988 $3,903,213 $3,903,113 CAPITAL IMPROVEMENT PROJECTS $8,228,263 $8,325,583 $15,928,000 $8,683,500 DSF-231 $214,300 $214,300 $317,375 $317,000
LEVEE PROJECT FUND $0 $0 $0 $0
WATER $20,348,571 $20,450,794 $23,497,715 $23,859,123
WASTEWATER $102,233,056 $102,289,727 $28,491,134 $21,107,859 VEHICLE REPLACEMENT $2,339,837 $3,084,837 $2,285,274 $6,603,136 EQUIPMENT REPLACEMENT $924,900 $978,800 $997,800 $598,100 SELF INSURANCE $1,980,000 $1,980,000 $2,113,610 $2,210,908 INFORMATION TECHNOLOGY $2,780,864 $2,855,104 $4,002,391 $3,076,574 BUILDING MAINTENANCE $3,657,183 $3,657,183 $6,124,256 $5,663,172 LONGEVITY RECOGNITION BENEFITS $231,820 $231,820 $247,720 $247,720 PEMHCA BENEFITS PLAN $566,314 $5,066,314 $519,751 $556,008 COMPENSATED ABSENCES $493,029 $493,029 $804,922 $829,070 WORKERS COMPENSATION $1,180,100 $1,855,100 $1,214,100 $1,241,100
SUCCESSOR AGENCY (SA) OF COMMUNITY DEVELOPMENT
AGENCY $504,630 $504,630 $581,910 $353,550
SAN MATEO CONSOLIDATED FIRE $149,000 $149,000 $149,000 $149,000 TOTAL FOR CITY / EMID $219,690,975 $228,646,140 $171,320,806 $155,503,758 City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 14 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, 2027 & 2028 2025-26 2025-26 2026-27 2027-28
APPROVED REVISED REQUESTED REQUESTED
EMPLOYEE SERVICES $51,812,286 $56,458,062 $54,993,687 $55,902,073 SERVICES AND SUPPLIES $120,101,848 $123,332,697 $ 59,710,425 $ 60,932,426 INTERNAL SERVICES $ 13,138,258 $ 13,138,258 $ 15,977,942 $ 14,963,264 CAPITAL OUTLAY $ 2,783,804 $ 3,707,704 $ 3,962,949 $ 8,197,495 REALLOCATIONS $0 $0 $0 $0
TOTAL OPERATING EXPENDITURES $187,836,196 $196,636,721 $134,645,003 $139,995,258 CAPITAL EXPENDITURES $31,854,779 $32,009,419 $36,675,803 $15,508,500 TOTAL CITY / EMID / SA EXPENDITURES $219,690,975 $228,646,140 $171,320,806 $155,503,758 City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 15 City of Foster City
General Fund Operating Expenditures by Department (001-012) For the Fiscal Year Ended June 30, 2027
Total General Fund Operating Expenditures: $70,337,679
COUNCIL/BOARD: $432,840: 0.61%
CITY/DISTRICT MANAGER: $2,071,934: 2.95%
COMMUNICATIONS/CITY CLERK: $1,285,702: 1.83%
CITY ATTORNEY: $553,036: 0.79%
ADMINISTRATIVE SVCS: $2,222,367: 3.16%
FINANCIAL SERVICES: $2,053,656: 2.92%
POLICE: $21,055,148: 29.93%
FIRE: $14,097,321: 20.04%COMMUNITY DEVELOPMENT: $5,009,355: 7.12% PARKS & RECREATION: $14,199,155: 20.19%
PUBLIC WORKS: $6,524,448: 9.28%
LIBRARY SERVICES: $527,217: 0.75%
PROPERTY TAX ADMINISTRATION: $305,500: 0.43%
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 2026-27 & FY 2027-28 Final Budget Page 16 City of Foster City
General Fund Operating Expenditures by Department (001-012) For the Fiscal Year Ended June 30, 2028
Total General Fund Operating Expenditures: $70,136,201
COUNCIL/BOARD: $457,258: 0.65%
CITY/DISTRICT MANAGER: $2,121,432: 3.02%
COMMUNICATIONS/CITY CLERK: $1,262,213: 1.80%
CITY ATTORNEY: $572,627: 0.82%
ADMINISTRATIVE SVCS: $2,278,837: 3.25%
FINANCIAL SERVICES: $2,102,989: 3.00%
POLICE: $21,517,476: 30.68%
FIRE: $14,393,688: 20.52%
COMMUNITY DEVELOPMENT: $5,165,519: 7.37%
PARKS & RECREATION: $13,370,965: 19.06%
PUBLIC WORKS: $5,992,441: 8.54%
LIBRARY SERVICES: $564,706: 0.81%
PROPERTY TAX ADMINISTRATION: $336,050: 0.48%
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 2026-27 & FY 2027-28 Final Budget Page 17 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, 2027 & 2028 2025-26 2025-26 2026-27 2027-28
DEPARTMENT APPROVED REVISED REQUESTED REQUESTED
COUNCIL/BOARD $546,534 $546,534 $432,840 $457,258
CITY/DISTRICT MANAGER $2,065,778 $2,065,778 $2,058,230 $2,107,728 COMMUNICATIONS/CITY CLERK $1,321,187 $1,321,187 $1,285,702 $1,262,213 CITY ATTORNEY $684,554 $684,554 $553,036 $572,627
ADMINISTRATIVE SVCS $1,926,240 $1,926,240 $2,222,367 $2,278,837 FINANCIAL SERVICES $1,893,929 $2,008,629 $2,053,656 $2,102,989 PARKS & RECREATION $11,630,139 $12,053,963 $14,199,155 $13,370,965 POLICE $19,993,959 $20,155,127 $21,038,451 $21,517,476
FIRE $13,527,093 $13,527,093 $14,097,321 $14,376,868
COMMUNITY DEVELOPMENT $4,715,722 $5,453,813 $5,002,155 $5,165,519 PUBLIC WORKS $5,654,550 $5,715,617 $6,509,448 $5,985,241 LIBRARY SERVICES $607,560 $607,560 $527,217 $549,706
PROPERTY TAX ADMINISTRATION $305,500 $305,500 $305,500 $336,050 TOTAL GENERAL FUND APPROPRIATIONS $64,872,745 $66,371,595 $70,285,078 $70,083,477 2025-26 2025-26 2026-27 2027-28
EXPENDITURES BY CATEGORY APPROVED REVISED REQUESTED REQUESTED EMPLOYEE SERVICES $40,297,001 $40,442,777 $43,360,169 $44,017,608 SERVICES AND SUPPLIES $19,030,733 $20,268,807 $19,699,689 $20,210,419 CAPITAL OUTLAY $33,500 $148,500 $0 $0
INTERNAL SERVICES $8,702,933 $8,702,933 $10,874,915 $9,613,420 REALLOCATIONS ($3,191,422) ($3,191,422) ($3,649,695) ($3,757,970) TOTAL OPERATING EXPENDITURES $64,872,745 $66,371,595 $70,285,078 $70,083,477 City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 18 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, 2027 & 2028 2025-26 2025-26 2026-27 2027-28
DEPARTMENT APPROVED REVISED REQUESTED REQUESTED
COUNCIL/BOARD $0 $0 $0 $0
CITY/DISTRICT MANAGER $0 $22,208 $13,704 $13,704
COMMUNICATIONS/CITY CLERK $0 $0 $0 $0
CITY ATTORNEY $0 $0 $0 $0
HUMAN RESOURCES $0 $0 $0 $0
FINANCIAL SERVICES $0 $0 $0 $0
POLICE $16,697 $16,697 $16,697 $16,820
FIRE $0 $0 $0 $0
COMMUNITY DEVELOPMENT $8,700 $15,200 $7,200 $7,200
PUBLIC WORKS $15,000 $15,000 $15,000 $15,000
LIBRARY SERVICES $0 $0 $0 $0
PROPERTY TAX ADMINISTRATION $0 $0 $0 $0
TOTAL GENERAL FUND APPROPRIATIONS $40,397 $69,105 $52,601 $52,724 2025-26 2025-26 2026-27 2027-28
EXPENDITURES BY CATEGORY APPROVED REVISED REQUESTED REQUESTED EMPLOYEE SERVICES $0 $0 $0 $0
SERVICES AND SUPPLIES $40,397 $69,105 $52,601 $52,724
CAPITAL OUTLAY $0 $0 $0 $0
INTERNAL SERVICES $0 $0 $0 $0
REALLOCATIONS $0 $0 $0 $0
TOTAL OPERATING EXPENDITURES $40,397 $69,105 $52,601 $52,724 City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 19 City of Foster City / Estero Municipal Improvement District Personnel Summary
For the Fiscal Years Ended June 30, 2026 to 2027
Department Prior Years Budget Budget
2024-25 2025-26 2026-27 2027-28
City / District Manager 4.00 5.00 5.00 5.00
Communications/City Clerk 5.00 5.00 5.00 5.00
Community Development 17.00 18.00 20.00 20.00
Financial Services/City Treasurer 9.00 9.00 10.00 10.00 Administrative Services 9.00 9.00 9.00 9.00
Parks and Recreation 30.00 30.00 31.00 31.00
Police 55.00 55.00 56.00 56.00
Public Works 49.00 51.00 52.00 52.00
Total Full Time Positions 178.00 182.00 188.00 188.00 City / District Manager 0.00 0.00 0.00 0.00
Communications/City Clerk 0.75 0.75 0.75 0.75
Community Development 0.00 0.00 0.00 0.00
Financial Services/City Treasurer 0.00 0.00 0.00 0.00
Administrative Services 0.00 0.00 0.00 0.00
Parks and Recreation 2.25 0.00 2.25 2.25
Police 0.00 0.00 0.00 0.00
Public Works 0.00 0.00 0.00 0.00
Total Part Time with Benefits Positions 3.00 0.75 3.00 3.00 City / District Manager 0.00 0.00 0.00 0.00
Communications/City Clerk 0.00 0.00 0.00 0.00
Community Development 0.00 0.00 0.00 0.00
Financial Services/City Treasurer 0.00 0.00 0.00 0.00
Administrative Services 0.00 0.00 0.00 0.00
Parks and Recreation 9.16 10.34 11.77 11.77
Police 0.50 0.50 0.50 0.50
Public Works 1.00 1.00 1.00 1.00
Total Part Time without Benefits Positions 10.66 11.84 13.27 13.27 TOTAL FULL TIME EQUIVALENTS 191.66 194.59 204.27 204.27 Note: For position change details, please refer to the respective department staffing pages. Position counts exclude overhires.
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 20 Capital Improvement Project (CIP) Plan (FY 2026-27 and FY 2027-28) • For the 2026-27 and 2027-28 CIP, please refer to Table C-1 and Table C-2 starting on page 294 in the Capital Improvement Section.
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 21 City of Foster City / Estero Municipal Improvement District Schedule of Fund Balance Transfers
For the Fiscal Year Ended June 30, 2027 & 2028
Transfers Out Fund FY 2026-27
# Transfer In Fund FY 2026-27 001 002 129 401 451 453 456 502 505 Totals 1 001 GENERAL FUND $0 $43,653,414 $0 $0 $0 $0 $0 $0 $0 $43,653,414 2 003 GENERAL FUND-SPECIAL
RECREATION $695,566 $0 $0 $0 $0 $0 $0 $0 $0 $695,566
3 012 SUSTAINABLE FOSTER CITY $0 $0 $50,000 $0 $0 $0 $0 $0 $0 $50,000 4 301 CAPITAL INVESTMENT-CITY $5,650,000 $0 $0 $0 $0 $0 $0 $480,000 $1,250,000 $7,380,000 5 405 CAPITAL INVESTMENT-
WATER $0 $0 $0 $2,600,000 $0 $0 $0 $0 $0 $2,600,000
6 451 WASTEWATER REVENUE $0 $0 $0 $0 $0 $0 $2,500 $0 $0 $2,500 7 453 WASTEWATER RATE
STABILIZATION FUND $0 $0 $0 $0 $2,092,250 $0 $0 $0 $0 $2,092,250 8 454 SM-FC PFA LOAN FUND* $0 $0 $0 $0 $0 $2,092,250 $0 $0 $0 $2,092,250 9 455 CAPITAL INVESTMENT-
WASTEWATER $0 $0 $0 $0 $9,800,000 $0 $0 $0 $0 $9,800,000 10 459 WIFIA* $0 $0 $0 $0 $2,659,832 $0 $0 $0 $0 $2,659,832 11 461 SRF LOAN* $0 $0 $0 $0 1,262,104 $0 $0 $0 $0 $1,262,104 Totals $6,345,566 $43,653,414 $50,000 $2,600,000 $15,814,186 $2,092,250 $2,500 $480,000 $1,250,000 $72,287,916 Transfers Out Fund FY 2027-28
# Transfer In Fund FY 2027-28 001 002 129 401 451 453 456 505 Totals 1 001 GENERAL FUND $0 $44,845,451 $0 $0 $0 $0 $0 $0 $44,845,451 2 003 GENERAL FUND-SPECIAL
RECREATION $53,416 $0 $0 $0 $0 $0 $0 $0 $53,416
3 012 SUSTAINABLE FOSTER CITY $0 $0 $50,000 $0 $0 $0 $0 $0 $50,000 4 301 CAPITAL INVESTMENT-CITY $5,800,000 $0 $0 $0 $0 $0 $0 $500,000 $6,300,000 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
STABILIZATION FUND $0 $0 $0 $0 $2,091,375 $0 $0 $0 $2,091,375 8 454 SM-FC PFA LOAN FUND* $0 $0 $0 $0 $0 $2,091,375 $0 $0 $2,091,375 9 455 CAPITAL INVESTMENT-
WASTEWATER $0 $0 $0 $0 $3,600,000 $0 $0 $0 $3,600,000
10 459 WIFIA* $0 $0 $0 $0 $2,659,832 $0 $0 $0 $2,659,832 11 461 SRF LOAN* $0 $0 $0 $0 1,262,073 $0 $0 $0 $1,262,073 Totals $5,853,416 $44,845,451 $50,000 $2,600,000 $9,613,280 $2,091,375 $2,500 $500,000 $65,556,022 *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 502 - Equipment Replacement; Fund 505 - Building Maintenance Footnotes:
1. Transfer of District Surplus to General Fund 001.
2. Transfers to subsidize Special Recreation Fund.
3. Annual transfer to General Fund Sustainable Foster City Fund.
4. Set aside funds for long-term Capital Improvement Projects & transfer from Fund 505 to CIP 301-678
5. Transfers to set aside funds for Long-Term CIP Projects in the Water Capital Investment Fund.
6. Transfers to transfers to Wastewater Revenue.
7. Set aside funds for Wastewater Rate Stabilization Fund.
8. Transfers to SM-FC PFA debt service.
9. Set aside funds for Long-Term CIP Projects in the Wastewater Capital Investment Fund.
10. Set aside funds for debt service, fiscal agent fees and expenses.
11. Set aside funds for debt service, fiscal agent fees and expenses.
City of Foster City's FY 2026-27 & FY 2027-28 Final Budget Page 22