Finance and Audit Committee
May 13, 2024

AGENDA

FINANCE AND AUDIT STANDING COMMITTEE MEETING
City Hall
130 Cremona Drive, Suite B
Goleta, California
Monday, May 13, 2024
3:00 P.M. – 4:30 P.M.

Conference Room # 1
Kyle Richards, Councilmember
Stuart Kasdin, Councilmember
Robert Nisbet, City Manager
Jaime A. Valdez, Assistant City Manager
Luke Rioux, Finance Director
Tony Gonzalez, Accounting Manager
Cecilia Rubio, Finance Management Assistant
__________________________________________________________________________

OPTIONS FOR PUBLIC PARTICIPATION WILL BE IN PERSON OR ONLINE VIA ZOOM ELECTRONIC PARTICIPATION: Join Meeting Electronically at:

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Or, dial: US: +1 669 444 9171 or +1 669 900 6833 or +1 408 638 0968 or +1 346 248 7799 or +1 719 359 4580 or +1 253 205 0468 or +1 253 215 8782 or +1 301 715 8592 or +1 305 224 1968 or +1 309 205 3325 or +1 312 626 6799 or +1 360 209 5623 or +1 386 347 5053 or +1 507 473 4847 or +1 564 217 2000 or +1 646 876 9923 or +1 646 931 3860 or +1 689 278 1000 After registering, you will receive a confirmation email containing information about joining the webinar. You will be connected to audio using your computer's microphone and speakers (VoIP). A headset is recommended.
__________________________________________________________________________

PUBLIC COMMENT: PUBLIC COMMENT MAY BE PROVIDED IN PERSON, ELECTRONICALLY,

OR BY MAIL
To submit written comments for the Committee’s consideration and inclusion in the public record, email Luke Rioux, Finance Director at: [email protected] up to 12pm, prior to the Monday Standing Committee meeting date. Please include the Agenda Item Number in the subject. This meeting will be conducted in accordance with the Brown Act, Government Code Section 54953. Any member of the public may attend this meeting in person or online. Questions regarding this matter may be addressed to Cecilia Rubio, Management Assistant at: [email protected]. __________________________________________________________________________ AGENDA
I. Public Comment
II. Annual Investment Policy (10 minutes) (Pages 3-39)
III. March Investment Transaction Report (Quarterly) (10 minutes) (Pages 40-63) IV. FY 24/25 Mid-Cycle Budget (Draft) (60 minutes) (Pages 64-289) V. Next Meeting – To Be Determined
Americans with Disabilities Act: In compliance with the ADA, if special assistance is needed to participate in a Finance and Audit Standing Committee meeting (including assisted listening devices), please contact the City Clerk's office at (805) 961-7505 or email [email protected].

Notification at least 72 hours prior to the meeting helps to ensure that reasonable arrangements can be made to provide accessibility to the meeting.

ITEM II:
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Agenda Item X.X

CPMS CONSENT CALENDAR
Meeting Date: June 4, 2024
TO: Mayor and Councilmembers
VIA: Robert Nisbet, City Manager
SUBMITTED BY: Luke Rioux, Finance Director
PREPARED BY: Ryan Schwarz, Accountant
SUBJECT: Annual Review and Adoption of City’s Investment Policy RECOMMENDATION:

Adopt Resolution No. 24-_ entitled, “A Resolution of the City Council of the City of Goleta, California Adopting the City of Goleta Investment Policy and Rescinding Resolution No. 23-51.”
BACKGROUND:

The City’s Investment Policy created in June 2005, serves as a guide for achieving the City’s investment goals, and defines strategies, practices, authority, and procedures to be used for management of the City’s investment portfolio in accordance with California Government Code (Government Code) Sections 53600-53610, which establish legally permitted investments for local governments statewide.

Annual review and adoption of a local agency’s investment policy is a recommended best practice and is a requirement in the City’s Investment Policy. It also gives the City Council the opportunity to ensure the policy is consistent with the overall primary objectives, which are, in order of priority: safety, liquidity, and yield. The City Council is authorized expressly to invest and manage the City’s public funds pursuant to Government Code Section 53600.3. As provided in the Investment Policy, annually the City Council formally delegates authority to the Finance Director/City Treasurer to invest and reinvest funds and to sell or exchange securities for a one-year period, pursuant to Government Code Section 53607.

The City’s Investment Policy was last reviewed and adopted on November 15, 2022, which included continued investment authority delegated to the Finance Director/City Treasurer. There were no recommended statutory changes or policy updates made at that time and only updates to language to increase transparency and clarify terms and sections, which included additional definitions for investing, reporting, and safekeeping of DRAFT 3 of 289
Meeting Date: June 4, 2024

City’s financial assets. The updates made were in accordance with recommended best practice from the California Municipal Treasurer’s Association (CMTA) and California Debt and Investment Advisory Commission (CDIAC).

DISCUSSION:

Investment Policy Updates
Annually, staff reviews the City’s Investment Policy and recommends revisions to the policy, as needed, to incorporate policy or statutory changes affecting the City’s investment program and daily investing activities. Policy revisions are technical in nature, such as process changes or language clarifications. Statutory changes are updates in state law affecting allowable investments or procedures related to investing activities.

Staff have performed its annual review and are not recommending any policy revisions or statutory changes.

Delegation of Authority
Staff recommends the continued delegation of authority to the Finance Director/City Treasurer. As provided in the Investment Policy, Council formally delegates authority to the Finance Director/City Treasurer for a one fiscal-year period. The management and responsibility for the investment program is delegated to the Finance Director/City Treasurer. Under the authority granted by the City Council, no person may engage in investment transactions covered by the terms of this policy unless directed by the Finance Director/City Treasurer. All investment transactions shall also require the signature of the City Manager or designee and are subject to the authorized investments outlined in the Investment Policy.

The attached Resolution confirms the annual review and delegation of authority to staff to complete investment transactions (Attachment 1). The Investment Policy is provided as Exhibit A to Attachment 1.

FINANCE AND AUDIT STANDING COMMITTEE:

Staff met with the Finance Committee on May 13, 2024 to review the Investment Policy.

FISCAL IMPACTS:

There are no direct fiscal impacts to the City for adopting the City’s Investment Policy.

The policy conforms to California Government Code and complies with best practices designed to meet the City’s short and long-term cash flow needs by managing safety, liquidity and yield in a prudent manner.

ALTERNATIVES:

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Approval of the Investment Policy annually by the legislative body is required by City policy and is a recommended best practice. The Council may request alterations be made to any section as long as the revisions meet the requirements of Government Code.

LEGAL REVIEW BY: Megan Garibaldi, City Attorney
APPROVED BY: Robert Nisbet, City Manager
ATTACHMENTS:

1. Resolution No. 24-__ entitled, “A Resolution of the City Council of the City of Goleta, California, Adopting the City of Goleta Investment Policy and Rescinding Resolution No. 23-51.”
Exhibit A – Investment Policy
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ATTACHMENT 1:

Resolution No. 24-__ entitled, “A Resolution of the City Council of the City of Goleta, California, Adopting the City of Goleta Investment Policy and Rescinding Resolution No. 23-51” DRAFT 6 of 289
RESOLUTION NO. 24-__

A RESOLUTION OF CITY COUNCIL OF THE CITY COUNCIL OF

GOLETA, CALIFORNIA, ADOPTING THE CITY OF GOLETA
INVESTMENT POLICY AND RESCINDING RESOLUTION NO. 23-51
WHEREAS, On June 20, 2005, the City Council adopted and established a policy regarding the investment of City funds; and
WHEREAS, the City’s Investment Policy was last modified on November 15, 2022; and
WHEREAS, staff recommends renewing the delegation of authority to the City Treasurer/Finance Director to manage the City’s investment program and engage in investment tractions covered by the terms of the investment policy.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF GOLETA DOES RESOLVE, DETERMINE, AND ORDER AS FOLLOWS:

SECTION 1:

The attached Exhibit A, City of Goleta Investment Policy – Fiscal Year 2024/25, is hereby adopted and incorporate herein.

SECTION 2.

Resolution 23-51, which adopted a previous version of the City of Goleta Investment Policy, is hereby rescinded.

SECTION 3.

The City Clerk shall certify to the adoption of this resolution and enter it into the book of original resolutions.

PASSED, APPROVED AND ADOPTED this 4th day of June 2024. ______________________________

PAULA PEROTTE, MAYOR
ATTEST: APPROVED AS TO FORM:
________________________ ______________________________ DEBORAH S. LOPEZ MEGAN GARIBALDI

CITY CLERK CITY ATTORNEY
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STATE OF CALIFORNIA )
COUNTY OF SANTA BARBARA ) ss.

CITY OF GOLETA )
I, DEBORAH S. LOPEZ, City Clerk of the City of Goleta, California, DO HEREBY CERTIFY that the foregoing Resolution No. 24-__ was duly adopted by the City Council of the City of Goleta at a regular meeting held on the 4th day of June, 2024 by the following vote of the Council:

AYES:

NOES:

ABSENT:

ABSTENTIONS:
(SEAL)

_________________________
DEBORAH S. LOPEZ

CITY CLERK
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Statement of Investment Policy
Fiscal Year 2024/25
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City of Goleta
Statement of Investment Policy
Fiscal Year 2024/25
Table of Contents

1.0 Purpose ............................................................................................................. 3

2.0 Policy ................................................................................................................. 3

3.0 Scope................................................................................................................. 3

4.0 Prudence ........................................................................................................... 4

5.0 Objectives .......................................................................................................... 5

6.0 Delegation of Authority....................................................................................... 7

7.0 Ethics, Public Trust and Conflicts of Interest...................................................... 8

8.0 Authorized Financial Institutions and Broker/Dealers......................................... 9

9.0 Authorized and Suitable Investments............................................................... 11

10.0 Review of Investment Portfolio ........................................................................ 13

11.0 Investment Pools and Money Market Mutual Funds ........................................ 14

12.0 Collateralization ............................................................................................... 16

13.0 Safekeeping and Custody................................................................................ 16

14.0 Diversification .................................................................................................. 17

15.0 Maximum Maturities......................................................................................... 18

16.0 Internal Controls .............................................................................................. 18

17.0 Performance Standards ................................................................................... 19

18.0 Investment Reporting....................................................................................... 20

19.0 Statement of Investment Policy Compliance and Adoption.............................. 21

20.0 Exceptions ....................................................................................................... 21

21.0 Glossary of Investment Terms ......................................................................... 22 DRAFT 10 of 289
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3 1.0 Purpose
It is the purpose of the City’s investment policy to establish strategies, practices and procedures to be used in investing public funds in a prudent manner, which will provide the maximum security while meeting daily cash flow needs and conforming to all statutes governing the investment of public funds.

Secondly, this document will identify policies that enhance opportunities for a prudent and systematic investment of public funds. This policy is intended to guide the investment of City funds toward the goals of safety, liquidity and yield.

2.0 Policy
This Statement of Investment Policy (“Policy” or “Investment Policy”), as set forth by the City of Goleta (“City”) provides guidelines for prudent investment of the City’s cash balances and outlines the policies essential to ensuring the safety and strength of the City’s investment portfolio.
to invest public funds not required for immediate day-to-day operations, also referred to as idle funds, in safe and liquid investments having acceptable rates of return while conforming to all state statutes and this City's Investment Policy.

This Policy is based on principles of prudent money management and conforms to all applicable federal, state and local laws governing the investment of public funds, including the State of California Government Code (“California Government Code”).

California Government Code Section 53646 (a)(2) states that the City Treasurer may annually submit an investment policy to the City Council for consideration at a public meeting. This investment policy conforms to all pertinent existing laws of the State of California, including California Government Code Sections 53600 et seq. Any conflict between this City Investment Policy and California Government Code Section 53600 et. seq., shall be interpreted in favor of the California Government Code.

3.0 Scope
(Reference: Code Sections 5922(d), 53601(m))
This investment policy applies to all financial assets and investment activities of the City. These funds are reflected in the City’s audited Annual Comprehensive Financial Report (ACFR). If the City invests funds on behalf of another agency DRAFT 11 of 289
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4 and, if that agency does not have its own policy, the City’s investment policy shall govern the agency’s investments. Any additional funds that may be created from time to time shall also be administered within the provisions of this policy and comply with the California State Government Code. This policy covers the investment activities of idle funds under the direct authority of the City.

3.1 Funds Included by this Policy
 General Fund
 Special Revenue Funds
 Debt Service Funds
 Capital Project Funds
 Fiduciary Funds

3.2 Pooling of Funds
Except for cash in certain restricted and special funds, the City shall consolidate cash balances from all funds to maximize investment earnings. Investment income shall be allocated to various funds as identified in the investment procedures manual in accordance with generally accepted accounting principles.

3.3 Investments Held Separately
In some instances, investments cannot be included in the City's investment pool. These may include investments of bond proceeds. In such cases the funds will be held separately when required by law, contract or other authority. Pursuant to California Government Code Sections 5922(d) and 53601(m), such proceeds are invested in accordance with permitted investment provisions of their specific bond indentures. Funds held in bond proceeds accounts are reported in the City’s Monthly Investment Report. The City’s Policy does not apply to funds held in trust in the City’s name in pension and other post-retirement benefit programs.

4.0 Prudence
(Reference: Code Sections 53600.3, 53646, 27000.3)
The City Treasurer is authorized to make investment decisions on behalf of the City investing public funds subject to the prudent investment standard. The Prudent Investor Standard of the California Government Code Section 53600.3 states, “when investing, reinvesting, purchasing, acquiring, exchanging, selling or managing public funds, a trustee shall act with care, skill, prudence and diligence under the circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated need of the [City], that a prudent person in a like capacity and familiarity with those matters would use in the conduct of DRAFT 12 of 289
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5 funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the [City]”. The standard of prudence to be used by investment officials shall be applied in the context of managing the overall portfolio.

Trustees are those persons authorized to make investment decisions on behalf of a local agency. Trustees or City investment officials, acting in accordance with written procedures, the investment policy and exercising due diligence, shall be relieved of personal responsibility for an individual security's credit risk changes or market price changes, provided deviations from expectations are reported in a timely manner and appropriate action is taken to control adverse developments.

5.0 Objectives
(Reference: Code Section 53600.5)
It is the policy of the City to invest public funds in a manner which will provide for preservation of capital while meeting the daily cash flow requirements of the City and attaining a market average rate of return within an acceptable and defined level of risk.

Section 53600.5 of the California Government Code outlines the primary objectives of a trustee investing public money. The primary objectives, in order of priority, of the City’s investment activities shall be:

5.1 Safety (Preservation of Capital)
Safety of principal is the foremost objective of the investment program.

Investments by the City shall be undertaken in a manner that seeks to ensure preservation of capital in the overall portfolio and reduce both credit and interest rate risk. The type of investment instruments and diversification of investments are critical components to ensuring investment portfolio safety. The objective is to mitigate credit risk and interest rate risk.

5.1.1 Credit Risk
Credit risk is the risk of loss of principal and accrued interest due to the failure of the security issuer. Credit risk can be mitigated by:
 Limiting investments to the safest types of securities. Nationally recognized ratings services will be utilized whenever possible to scrutinize the creditworthiness of investments.

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6  Pre-qualifying accountants, auditors, financial institutions, broker/dealers, financing advisors, and other outside consultants with which the City does business.
 Diversifying the investment portfolio so that potential losses are minimized.

5.1.2 Interest Rate Risk
Interest rate risk is the risk that the market value of securities will fall due to a rise in general market interest rates. It is the policy of the City to hold individual securities to maturity. Interest rate risk can be mitigated by:
 Holding individual securities to maturity – Structuring the investment portfolio so that securities mature to meet cash flow requirements for ongoing operations, thereby avoiding the need to sell securities on the open market prior to maturity.
 Employing a laddering strategy, as appropriate and as market conditions allow for, whereby staggering maturities of individual securities so the investments come due in increments assuring a stable liquidity pattern.
 Limiting maturities of individual securities and the average maturity of the overall portfolio.

5.2 Liquidity
The City's investment portfolio will remain sufficiently liquid to enable the City to meet all operating requirements which might be reasonably anticipated. Liquidity also refers to the ability to convert an investment to cash without loss of principal and minimal loss of interest. The City is required to include a statement in the Monthly Investment Reports indicating that the projected cash flow is adequate to meet expected obligations over the next six months or provide an explanation as to why sufficient money may or may not be available. Cash, cash equivalents, and highly liquid investments that are immediately available and carry minimal interest rate risk must comprise of at least 50% of the City’s total cash and investment holdings.

5.3 Yield (Return on Investment)
The City’s investment portfolio shall have the objective of attaining a comparative performance measurement or an acceptable rate of return throughout budgetary and economic cycles. These measurements should be commensurate with the City’s investment risk constraints identified in DRAFT 14 of 289
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7 the Investment Policy and the cash flow characteristics of the portfolio.

Return on investment becomes a consideration only after the basic requirements of safety and liquidity have been met.

The City Treasurer shall strive to maintain the level of investment of all idle funds as close to 100% as possible. While the objectives of safety and liquidity must first be met, it is recognized that investment assets represent a potential source of significant revenues. It is to the benefit of the City that these assets be managed to produce optimum revenues consistent with State statutes and local policies.

6.0 Delegation of Authority
(Reference: Code Sections 41006, 53607, City of Goleta Municipal Code Section

2.05)
Authority to manage the City’s investment program is derived from the California Government Code Sections 53600 through 53609 and provides the authority for the legislative body of the local agency to invest the funds of the local agency or delegate the authority to the Treasurer of the local agency. Such delegation is to be reviewed annually and may be renewed by the City Council.

The management of idle cash and the investment of funds identified in paragraph 3(A) is the responsibility of the Finance Department. The Finance Department is under the control of the Finance Director and appointed by the City Manager as the City Treasurer in accordance to City of Goleta Municipal Code Section 2.05.

Management responsibility for the investment program is hereby delegated to the Finance Director (City Treasurer) as directed by the City Council, for a one-year period by the City Council. Subject to review, the City Council may renew the delegation of authority under this code section each year. Under the authority granted by the City Council, no person may engage in an investment transaction covered by the terms of this policy unless directed by the City Treasurer.

In the execution of this delegated authority, the City Treasurer may establish accounts with qualified financial institutions and brokers/dealers for the purpose of effecting investment transactions in accordance with this policy. The criteria used to select qualified financial institutions and brokers/dealers are identified in Part 11 of this policy.

All financial transactions, including wiring instructions, must be identified in advance and approved in writing by the City Treasurer or designee. All investment transactions in excess of $100,000 (except for deposits or DRAFT 15 of 289
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8 withdrawals from the LAIF and bank deposits) shall also require the signature of the City Manager or designee.

The City Treasurer shall establish written procedures for the operation and management of the City’s investment portfolio consistent with this Policy. The procedures should include reference to safekeeping, wire transfer processes, banking service contracts, and collateral or depository agreements. Such procedures shall include explicit delegation of authority to persons responsible for investment transactions. No person may engage in any investment transactions except as provided under the terms of this Policy and the investment procedures established by the City Treasurer.

This delegation of authority shall be in effect for one fiscal year. The City Council may renew the authority annually and may revoke the authority at any time.

7.0 Ethics, Public Trust and Conflicts of Interest
(Reference: Code Section 1090, Political Reform Act)
All participants in the City's investment process shall act responsibly as custodians of the public trust. Treasury staff shall recognize that the investment portfolio is subject to public review and evaluation. The overall program shall be designed and managed with a degree of professionalism that is worth of public trust.

Elected officials and employees of the City involved in the investment process shall refrain from personal business activity that could conflict with proper execution of the investment program or which could impair their ability to make impartial investment recommendations and decisions under the Political Reform Act and Government Code Section 1090 et seq.

Elected officials and employees shall make all disclosures appropriate under the Fair Political Reform Act and shall seek and follow the advice of the City Attorney and the Fair Political Practices Commission whenever there is a question of personal, financial or investment positions that could represent potential conflicts of interest.

All persons, firms, broker/dealers, financial institutions, and advisors providing investment services or bond issue assistance shall disclose to the City Manager and City Treasurer all fee sharing, fee-splitting and commission arrangements with other entities or persons prior to the City agreeing to buy an investment or issue bonds.

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9 8.0 Authorized Financial Institutions and Broker/Dealers (Reference Code Section 53601.5, SEC Net Capital Rule 15C3-1) Authorized Financial Institutions and Broker/Dealers defined under California Government Code Section 53601.5 shall be allowed to conduct business with the City and are defined as an institution licensed by the State of California as a broker/dealer, as defined in Section 25004 of the California Corporations Code, or a member of a federally regulated securities exchange, a national or state charted bank, a savings associated or federal association or a brokerage firm designated as a primary government dealer by the Federal Reserve Bank.

Investments shall be purchased only through well-established, financially sound institutions. All financial institutions and broker/dealers who desire to become qualified vendors for investment transactions will be given a copy of the City's investment policy and certification form. The completion and submission of the certification form by a broker-dealer or financial institution shall constitute proof that it has received the City’s Statement of Investment Policy, read it, and intends to comply with it. Qualified financial institutions must provide current audited financial statements and provide either verification of a federal or a state charter or of being an eligible institution per the California Government Code.

Broker/dealers must provide current audited financial statements and verification that the firm is in good standing with one of national securities exchange that is registered with the Securities Exchange Commission.

The financial entities eligible to transact baking services and investment business with the City are:

8.1 Banking Services (Public Depository)
Banking services for the City shall be provided by FDIC insured banks approved to provide depository and other banking services. To be eligible the City shall only deposit public monies in financial institutions that have:
(1) at least $500 million in total assets; (2) a core capital-to-total assets ratio of at least five percent; (3) favorable ratings from a recognized financial institution rating service, as determined by the City Treasurer; (4) a federal or a state charter; or are eligible institutions per the California Government Code and (5) a branch office within Santa Barbara County.

Under no circumstances shall the City’s deposits in a financial institution exceed the total shareholders’ equity of that institution The City Treasurer shall maintain an Approved List of all commercial banks and all savings and loan associations which may serve as public depositories of City monies. That list will be reviewed by the Finance and DRAFT 17 of 289
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10 Audit Standing Committee within three months of modifying the list and subject to a banking services agreement.

8.2 Federal Reserve Bank
Direct purchase of U.S. Treasury Bills, Notes, and Bonds using primary government dealers as designated by the Federal Reserve are exempt from quality requirements and are encouraged due to commission or mark-up discounts.

8.3 Authorized Financial Institutions – Nationally or State Chartered Banks, Savings and Loans and Credit Unions
The City will maintain a list of financial institutions authorized to provide investment services The City may purchase investments offered from Banks, Savings and Loans and Credit Unions provided the institutions are:
 Nationally or State Chartered Institutions
 Registered as investment securities dealers

8.4 Authorized Broker/Dealers
The City will maintain a list will also be maintained of approved security broker/dealers selected by credit worthiness who are authorized to provide investment services in the State of California. These may include primary dealers or regional dealers that qualify under Securities and Exchange Commission Rule 15C3-1 (uniform new capital rule).

All financial institutions and broker-dealers for investment transactions must supply the following to the City as appropriate:
 Qualify for SEC Rule 15c3-1 (uniform net capital rule) as a primary or regional dealer
 Current audited financial statements from most frequent year  Proof of Financial Industry Regulatory Authority (FINRA) certification, trading resolution, proof of State of California registration
 Completed City of Goleta broker-dealer questionnaire, which contains a certification of having read, understood and agreeing to comply with the City’s Investment Policy and California Government Code Section 53600 et seq. and that all securities offered to the City shall comply fully with all provisions of the City’s Investment Policy and the California Government Code.

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11 The City Treasurer or designee, will conduct an annual review of the financial condition and registration of the firms providing investment services to the City.

8.5 Third Party Investment Advisor
If a third party investment advisor is authorized to conduct investment transactions on the City’s behalf, the investment advisor may use their own list of approved broker/dealers and financial institutions. The investment advisor’s approved list must be made available to the City upon request.

9.0 Authorized and Suitable Investments
The City Treasurer may invest City funds in the following instruments as specified in California Government Code, Sections 53600 et seq., and as further limited in this policy. The following table summarizes the investment types authorized by the City’s Investment Policy. In the event a discrepancy is found between this policy and California Government Code, the more restrictive parameters will take precedence.

9.1 Authorized Investment Types
Authorized Investment Max Maturity Max Limits Minimum Quality Govt. Code Other Policy Constraints Local Agency Bonds 5 years None None 53601(a) Bonds issued by the local agency, including bonds payable solely out of
the revenues from a
revenue-producing property owned,
controlled, or operated by the local
agency or by a department, board,
agency, or authority of the local
agency.

U.S. Treasury
Obligations
5 years None None 53601(b) Notes, bonds, bills
State Obligations— CA
And Others
5 years None None 53601(c)
53601(d)
Can include U.S. state obligations
issued outside of California, only as
permitted in 53601(d).

CA Local Agency
Obligations
5 years None None 53601(e) Local obligations include California based issuing agencies only, subject
to 53601(e). The City cannot directly
purchase City or affiliate debt
securities
U.S Agency Obligations
(GSE’s)
5 years 20% of portfolio;
10% single issuer
None 53601(f) Federal Agency or U.S. Government
sponsored enterprise obligations,
participations or other instruments.

Includes: FNMA, GNMA, FHLCMC,
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12 FHLB, FFCB, FAMCA, TVA.

Commercial Paper—
Non-Pooled Funds
(under $100,000,000 of
investments)
270 days or
less
20% of portfolio;
10% single issuer;
Highest letter and
number rating by
an NRSRO
53601(h)(2)(c)
Issuing corporation must be
organized and operating
within the U.S., have assets in excess
of $500 million
Negotiable Certificates
of Deposit
5 years 20% of portfolio
$250,000 principal
invested, single
issuer
Amounts up to
$250,000 per
institution must be
insured by the
Federal Deposit
Insurance
Corporation
(FDIC) or National
Credit Union
Association
(NCUA).
53601(i) Issued by nationally or statechartered banks; savings or federal associations (as defined in Financial
Code Section 5102); state or federal
credit unions; or federally licensed or
state licensed branches of foreign
banks. Includes Brokered CDs under
Master CD that is a negotiable
instrument.

Non-negotiable
Certificates of Deposit
5 years 20% of portfolio
$250,000 principal
invested, single
issuer
Amounts up to
$250,000 per
institution must be
insured by the
Federal Deposit
Insurance
Corporation
(FDIC) or National
Credit Union
Association
(NCUA).
53630 et seq. Issued by nationally or statechartered banks; savings or federal associations (as defined in Financial
Code Section 5102); state or federal
credit unions; or federally licensed or
state licensed branches of foreign
banks.

Placement Service
Deposits
5 years 20% of portfolio
(inclusive of
placement service
CDs)
None 53601.8
and 53635.8
Includes Federally Insured Cash
Account (FICA)
Placement Service
Certificates of Deposit
5 years 20% of portfolio
(combined with
negotiable CDs)
None 53601.8
and 53635.8
Includes Certificate of Deposit
Accounting Registry System
(CDARS)
Medium-Term
Corporate Notes
5 years 20% of portfolio
Single issuer: 5%
for issuers rated
“AA”
3% for issuers
rated “A”
“AA” or “A” rating
category or its
equivalent or
better by two
NRSRO
53601(k) Must be issued by a corporation that
is organized and operating within the
United States or by depository
institutions licensed by the United
States or any state and operating
within the United States.

Mutual Funds and
Money Market Mutual
Funds
N/A 20% of portfolio Fund must have
the highest
ranking by not less
than 2 NRSRO
53601(l)
and 53601.6(b)
See section 11.1 for more
information.

Collateralized Bank
Deposits
5 years None None 53630 et seq.
and 53601(n)
Investments in notes, bonds, or other
obligations under Section 53601(n)
require that collateral be placed into
the custody of a trust company or the
trust department of a bank that is not
affiliated with the issuer of the
secured obligation, among other
specific collateral requirements.

County Pooled
Investment Funds
N/A None None 27133 Includes the County of Santa Barbara Treasurer’s Investment Pool
Joint Powers Authority
Pool
N/A None “AA” 53601(p) A joint powers authority pool must retain an investment advisor
registered with the SEC, have assets
under management in excess of $500
million, and have at least five years’
experience investing in instruments
authorized by Section 53601,
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13 subdivisions (a) to (o). Includes
Investment Trust of California, a Joint
Powers Authority, doing business as
CalTRUST.

Local Agency
Investment Fund (LAIF)
N/A None None 16429.1 Subject to LAIF imposed maximum.
$75 million as of 1/1/20.

Bank Deposits
(Operating Cash)
Collateralized or FDIC
Insured
N/A No limit Satisfactory rating
from national bank
rating service and
Community
Reinvestment Act
review per Code
Section 53635.2.

Must be an
institution
participating in the
California Local
Agency Security
Program,
providing for 110%
collateralization of
public funds.
53635.2
53649,53638
Amounts up to $250,000 per
institution are insured by the FDIC.

Amounts over the insurance limit are
subject to collateralization
requirements outlined in Section 12
and appropriate Code sections.

9.2 Unauthorized Investments
Investments not specifically authorized herein are disallowed. Additionally, Section 53601.6 of the California Government Code disallows the following: inverse floaters, range notes, or interest-only strips that are derived from a pool of mortgages. Futures, options, all leveraged purchases, reverse repurchases, and speculations on interest rates are specifically not allowed by this policy.

10.0 Review of Investment Portfolio
The securities held by the City must follow Section 9.0 Authorized and Suitable Investments at the time of purchase. Because some securities may not comply with Section 9.0 after the date of purchase, the City Treasurer or designee, shall at least quarterly review the portfolio to identify those securities that do not comply. The City Treasurer shall establish procedures to report to the City Council and Finance and Audit Standing Committee, major and critical incidences of noncompliance identified through the review of the portfolio.

If securities owned by the City are downgraded to a level below the quality required by this Policy, the City Treasurer or designee shall review the credit situation and make a determination as to whether sell or retain such securities in the portfolio.

In addition, the percentage ownership limitations as shown in Section 9.0 are evaluated at the time of investment purchase. Should the investment percentages exceed those limitations over time due to unforeseen fluctuations DRAFT 21 of 289
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14 resulting in changes in portfolio values or holdings, the City Treasurer or designee will evaluate monthly to determine if corrective action is necessary.

Should any other condition arise or exist after the purchase of a security that renders the security out of compliance with the Policy, the City Treasurer will evaluate monthly to determine if corrective action is necessary.

The City may elect to sell a security prior to its maturity and record a capital gain or loss in order to improve the quality, liquidity or yield of the portfolio in response to market conditions, the City’s risk preferences, and to address securities that no longer meet the parameters required in Section 9.0. However, the City may not engage in active trading or speculation at any time.

11.0 Investment Pools and Money Market Mutual Funds
(Reference: Code Sections 16429.1 et sec., 27133, 53601(p), 53601, 53635) Investment pools and money market mutual funds include the Local Agency Investment Fund (LAIF), the County of Santa Barbara’s Pooled Treasury Investment Funds, the Investment Trust of California (dba, CalTRUST), and shares of beneficial interest issued by authorized diversified management companies (money market mutual funds). A thorough investigation of the pool or fund is required prior to investing, and on a periodic basis while funds are invested.

11.1 Investment Pools
Government sponsored investment pools (Pools) are permitted under California Government Code Section 53601 and are an excellent shortterm investment option for cash management. There shall be a questionnaire developed which will answer the following general questions:
 A description of eligible investment securities, and a written statement of investment policy and objectives.
 A description of interest calculations and how it is distributed, and how gains and losses are treated.
 A description of how the securities are safeguarded (including the settlement processes), and how often the securities are priced, and the program audited.
 A description of who may invest in the program, how often, what size deposit and withdrawal are allowed.
 A schedule for receiving statements and portfolio listings.

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15  A description of how the pool/fund maintain reserves, retained earnings etc., or is all income after expenses distributed to participants.
 A fee schedule, and when and how it is assessed.
 The eligibility of the pool/fund to invest in bond proceeds and a description of its practices.

The Pool must also publish timely monthly information which will include performance results, portfolio maturity statistics and credit rating, as applicable. The information shall also include a detailed list of investment holdings, including market value, maturity, and credit rating for each security.

11.2 Money Market Mutual Funds
Money market mutual funds provide a safe, liquid, and diversified investment option for the City’s surplus funds; however, certain conditions need to be met both initially and on an ongoing basis. The City is not permitted to invest in mutual funds other than money market mutual funds.

Money market mutual funds held by the City may only invest in US Government securities permitted under this Policy and under Code Section 53601 et seq. with final stated maturities of one year or less.

To be an eligible money market investment under this section, the primary objective of the money market, as stated in the fund’s prospectus, is to maintain a constant $1.00 Net Asset Value (NAV). The following additional guidelines include but are not limited to those provided for in Rule 2A-7 of the Investment Company Act and Code Section 56001(l)2:
 Only invests in US Government securities, and the weighted average maturity of the portfolio is less than 60 days
 The fund shall be registered with the SEC
 The fund shall have a minimum of $500 million in total asset size at time of investment and should not drop below this threshold  The fund must have retained an investment advisor registered or exempt from registration with the SEC with 5 years’ experience managing money market funds more than $500 million
 The money market shall have attained the highest ranking, or the highest letter and numerical rating provided by not less than two nationally recognized statistical rating organizations (NRSRO) and shall maintain these ratings for the duration of the investment DRAFT 23 of 289
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16 12.0 Collateralization
(Reference: Code Sections 53601, 53630, 53649, 53652, 53653, 53656, 53657)

12.1 Investments
Investments in certificates of deposit, sweep accounts and passport accounts shall be fully insured up to the limit set by the Federal Deposit Insurance Corporation (FDIC) or National Credit Union Administration (NCUA). Investments in certificates of deposit, sweep accounts and passport accounts in excess of the FDIC or NCUA limit shall be properly collateralized as required by law.

The City will only place in a certificate of deposit that amount of principal which is covered by FDIC or NCUA insurance (per Government Code Section 53653).

12.2 Cash in Bank Depository Accounts
Cash in depository accounts must be placed with financial institutions participating in the California Local Agency Security Program, providing for collateralization of public funds invested in government securities, and pursuant to a contract with the depository meeting the requirements of Government Code Section 53649. The financial institution must have also received a satisfactory rating from national bank rating service and from Community Reinvestment Act review per Government Code Section 53635.2.

All active and inactive deposits must always be secured with eligible government securities in securities pools pursuant to Code Sections 53656 and 53657, at 110% of market value per Section 53652. Per Code Section 53638 deposits may not exceed bank shareholder equity; total net worth of depository savings or federal association; unimpaired capital and surplus of a credit union; unimpaired capital and surplus of industrial loan companies. The Treasurer may waive collateral for the portion of any deposits insured pursuant to federal law.

Collateral will always be held by an independent third party with whom the entity has a current custodial agreement. A clearly marked evidence of ownership (safekeeping receipt) must be supplied to the City and retained. The right of collateral substitution is granted, within the parameters and constraints of this Policy.

13.0 Safekeeping and Custody
(Reference: Code Section 53608)
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17 To protect against fraud, embezzlement, or losses caused by a collapse of an individual securities dealer, all securities owned by the City shall be held in safekeeping by a third-party bank trust department, acting as an agent of the City under the terms of a custody agreement. All security transactions entered by the City shall be conducted on a delivery-vs.-payment (DVP) basis. Securities owned by the City, (except the collateral for certificates of deposit in banks and/or savings and loans) shall be held by a third-party custodian/safekeeping account designated by the City Treasurer and evidenced by safekeeping receipts. Said securities shall be held in a manner that establishes the City’s right of ownership.

The only exception to the foregoing shall be depository accounts and security purchases made with: LAIF, other investment pools, time certificates of deposit and money market mutual funds held directly with issuing institution, since the purchased securities are not deliverable.

The third-party custodian/safekeeping account shall annually provide a copy of their most recent report of internal controls and provide periodic statements of the securities owned by the City listing the specific instrument, rate, maturity and other pertinent information.

14.0 Diversification
The City recognizes that investment risks can result from the issuer defaults, market price changes, or various technical complications leading to temporary liquidity. To minimize the City’s exposure to these types of risk, the portfolio should be diversified among several types of institutions, instruments, and maturities. The City Treasurer shall minimize default risk by prudently selecting only instruments and institutions, which at the time of placement have been evaluated for their financial viability and compliance with this policy. No individual transaction shall be undertaken that jeopardizes the total capital position of the overall portfolio.

The portfolio instrument composition shall be diversified to the extent feasible to avoid incurring unreasonable and avoidable risks regarding specific security types indicated in Section 9 of this investment policy. No more than ten percent (10%) of the value of the City's portfolio will be placed with any single issuer, except for the U.S. Treasury/Federal agency securities, authorized pools, and collateralized investments, and cash held in bank depository account. No more than 20% of the City’s investment portfolio will be invested in a single security type, except for U.S. Treasury securities, authorized agency investment pools, and collateralized bank deposits.

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18 15.0 Maximum Maturities
(Reference: Code Section 53601)
To the extent possible, the City will attempt to match its investments with anticipated cash flow requirements. Maturities will be selected based on cash flow projections that facilitate selecting investment maturity dates to match the projected expenditures.

A policy of laddered portfolio shall be followed for pooled investments. At least thirty-five percent (35%) of the portfolio value shall be invested in instruments maturing within one year from the investment date. No more than twenty-five percent (25%) of the entire portfolio value shall have a maturity date between three (3) and five (5) years from the investment date, unless the City Treasurer can demonstrate via a comprehensive cash-flow analysis that higher percentages allow the City to meet its cash-flow requirements. Investments having a maturity greater than five (5) years shall not be made unless matched to a specific cash flow and approved by City Council.

The weighted average maturity of the investment portfolio must be less than two and half (2.5) years. This calculation will be provided in the Monthly Investment Transaction Report.

In addition, the City Treasurer or designee shall strive to maintain operating cash of an amount no greater than 10% of total City cash and investments, in order to maximize interest earnings while managing liquidity needs.

16.0 Internal Controls
The City Treasurer shall establish and maintain a system of appropriate internal controls to ensure compliance with policies and procedures. The controls should be designed to prevent losses of public funds arising from fraud, error, or imprudent actions by employees and officers of the City. The following procedures shall generally be followed:

16.1 Annual Review and Audit
An annual review and audit of the City’s Investment Policy, practices, procedures and portfolio status will be conducted by an independent auditor. This review will provide internal control by assuring compliance with policies and procedures. The auditor will provide the City with written observations and recommendations regarding the adequacy of investment controls. The Treasurer will oversee the implementation of any corrective DRAFT 26 of 289
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19 actions indicated by the auditor in a timely fashion and will provide a written report of those actions to the City Manager.

16.2 Segregated Investment Execution, Recordkeeping and Reporting An independent member of City staff will record the Treasurer’s investment records or confirmations to the City’s general ledger. In addition, independent staff will perform the monthly reconciliation of bank, broker/dealer, and safekeeping confirmations and will include the following:
 Proper documentation obtained from confirmation and cash disbursement wire transfers is required for each investment transaction.
 Timely bank reconciliation is conducted to ensure proper handling of all transactions
 The investment portfolio and all related transactions are reviewed and balanced to appropriate general ledger accounts by the Finance Department on a monthly and quarterly basis.

16.3 Wire Transfer Controls
All City wire transfers will be executed in accordance with written operating procedures specifying controls required for wire transfers of funds, including the establishment of repetitive (“templated”) wires to settle securities transactions. All wire transfers require three Finance staff or employees to initiate, approve, and release each transaction. Two factor authentication is required for each individual to engage in the wire release process, which includes unique passwords, and the use of bank security phone call verification. Final release of all wires from the City, investment or otherwise, require the approval of either the City Treasury or City Manager. The City Treasurer is responsible for ensuring that investment trade settlement occurs in a timely manner and that execution confirmations reflect accurate trade data.

17.0 Performance Standards

17.1 Investment Strategy
The City’s overall investment strategy is passive. The City intends to hold its investments to call or maturity. The buy and hold strategy shall generally be followed. A buy and hold strategy require that the portfolio be kept sufficiently liquid to preclude the undesirable sale of investments prior to call or maturity. Occasionally, the City Treasurer may find it DRAFT 27 of 289
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20 advantageous to sell an investment prior to call or maturity, such as when the return for an alternative investment would significantly exceed the loss on the current investment. The sale of investments prior to call or maturity should be only on an exception basis and only when it is clearly favorable to do so. To further provide for liquidity, investments will be made only in readily marketable securities actively traded in the secondary market.

17.2 Benchmark
The City shall use the LAIF apportionment rate, the 1-year U.S. Treasury Note, the 2-year U.S. Treasury Note or compare other average Constant Maturity Treasury (CMT) whose maturity most closely matches the weighted average maturity of the portfolio. These rates will serve as useful benchmarks to measure whether or not the City’s portfolio net yields are matching or surpassing the market yields. The benchmarks and investment performance will be reviewed by the Finance and Audit Standing Committee as market conditions warrant or when the benchmarks are not met for a consecutive one-year period.

Calculation of the City’s return on the investment portfolio for purposes of performance standard comparisons shall not include operating cash or equivalents.

18.0 Investment Reporting
(Reference: Code Sections 53607 and 53646 (b))
In accordance with California Government Code Section 53607, the investment report shall be submitted to the City Council on a monthly basis by the City Treasurer. The City Treasurer shall review and render monthly and quarterly investment reports and include the following:
 The monthly report shall include an accounting of all receipts, disbursements and fund balances.
 The quarterly report shall include an itemized listing of portfolio investments by type, date of maturity, yield to maturity, issuer, par value, dollar amount invested, book value and current market value if applicable. The source of the market values will be cited.
 The quarterly report will include a statement of compliance of the portfolio with the City's investment policy or an explanation as to why the portfolio is not in compliance per California Government Code Section 53646(b)(2).  The quarterly report shall include a statement of compliance that the investment portfolio has the ability to meet the City's expenditure requirements for the next six months, or provide an explanation as to why DRAFT 28 of 289
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21 sufficient money shall, or may, not be available, per California Government Code Section 53646 (b)(3).

So long as the City Council’s annual delegation of investment authority to the City Treasurer pursuant to Government Code Section 53607 is effective, the Treasurer shall make the above-described reporting of all investment transactions to the City Council.

19.0 Statement of Investment Policy Compliance and Adoption (Reference: Code Section 53646)
The City's investment policy shall be adopted by resolution annually by the City Council. The policy shall be reviewed annually first by the Finance and Audit Standing Committee and by the City Council. Any modifications to the investment policy must be approved by the City Council. The City Council has charged the City Treasurer and designated staff with the responsibility to review and to recommend updates to the Policy.

The City Treasurer shall establish written Investment Policy internal procedures for the operations of the investment program consistent with this Policy. The procedures should include reference to safekeeping, wire transfer agreements and procedures, banking service contracts and collateral/depository agreements.

Such procedures shall include explicit delegation of authority to persons responsible for investment transactions. No person may engage in an investment transaction except as provided under the terms of this Policy and the procedures.

20.0 Exceptions
Occasionally, exceptions to some of the requirements specified in this investment policy may occur for pooled investments because of events subsequent to the purchase of investment instruments. State law is silent as to how exceptions should be corrected. Exceptions may be temporary or more lasting; they may be self-correcting or require specific action. If specific action is required, the City Treasurer should determine the course of action that would correct exceptions to move the portfolio into compliance with State law and City policy. Disclosure of exceptions lasting more than 183 days shall be done in the quarterly investment report immediately following the 183 days. Decisions to correct exceptions should not expose the assets of the portfolio to undue risk and should not impair the meeting of financial obligations as they fall due. Any subsequent investments should not extend existing exceptions.

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22 21.0 Glossary of Investment Terms
Active Management Strategy: Investment strategy based on a manager or a team of managers actively managing a fund’s portfolio with the goal of outperforming benchmarks through analytical research, forecasts, and their own judgment and expertise.

Accrued Interest: Coupon interest accumulated on a bond or note since the last interest payment or, for a new issue, from the dated date to the date of delivery.

Agencies: Federal agency securities and/or Government-Sponsored Enterprises, which include: Federal Home Loan Bank (FHLB), Federal National Mortgage Association (FNMA), Federal Home Loan Mortgage Corporation (FHLMC), Federal Farm Credit Bank (FFCB), Federal Agricultural Mortgage Association (Farmer Mac), Government National Mortgage Association (GNMA), and the Tennessee Valley Authority (TVA).

Annual Comprehensive Financial Report (ACFR): The official annual financial report for the City. It includes government wide and fund financial statements prepared in conformity with Generally Accepted Accounting Principles (GAAP). It also includes supporting schedules necessary to demonstrate compliance with finance-related legal and contractual provisions, extensive introductory material, and a detailed Statistical Section
Asset-Backed Securities (ABS): Securities that are supported by pool of assets, such as installment loans or leases, or by pools of revolving lines of credits. Asset-backed securities are structured as trusts in order to perfect a security interest in the underlying assets.

Bank Deposits: Deposits in banks or other depository institutions that may be in the form of demand accounts (checking) or investments in accounts that have a fixed term and negotiated rate of interest.

Bankers Acceptance (BA): A draft or bill or exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill, as well as the issuer.

Basis Points: Refers to the yield on the bonds. Each percentage point of yield in bonds equals 100 basis points (1/100% or 0.01%). If a bond yield changes from

7.25% to 7.39%, that is a rate of 14 basis points.

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23 Benchmark: A comparative base for measuring the performance or risk tolerance of the investment portfolio. A benchmark should represent a close correlation to the level of risk and the average duration of the portfolio’s investments.

Bond Indenture (or Trust Indenture): Written agreement specifying the terms and conditions for issuing bonds, stating the form of the bond being offered for sale, interest to be paid, the maturity date, call provisions and protective covenants, if any, collateral pledged, the repayment schedule, and other terms. It describes the legal obligations of a bond issuer and the powers of the bond trustee, who has the responsibility for ensuring that interest payments are made to registered bondholders.

Broker: A broker brings buyers and sellers together for a commission.

Brokered Certificate of Deposit (CD): Brokered CD is a certificate of deposit that is purchased through a brokerage firm or from a sales representative other than a bank. Brokered CDs purchased through a broker dealer are part of a Master CD that is a negotiable instrument. Political subdivisions are entitled to its own insurance coverage and FDIC limits apply of up to $250,000. They are issued in book entry form to track ownership and use the CUSIP system for identification and trading in the primary and secondary market. Some may have callable options, similar to bonds.

Buy and Hold Strategy: Investments in which management has the positive intent and ability to hold each issue until call or maturity.

Call Option: The terms of the bond contract giving the issuer the right to redeem or call an outstanding issue of bonds prior to its stated date of maturity.

Call Risk: The risk to a bondholder that the bond issuer will exercise a callable bond feature and redeem the issue prior to maturity.

Callable Securities: An investment security that contains an option allowing the issuer to retire the security prior to its final maturity date.

Cash Flow: A comparison of cash receipts (revenues) to required payments (operating expenditures, debt service, etc.)
Certificates of Deposit (CD): Large denomination ($100,000 or more) interest bearing time deposits, paying the holder a fixed amount of interest at specific maturity. Larger-denomination CD’s are typically negotiable. Funds usually DRAFT 31 of 289
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24 cannot be withdrawn before maturity without giving advance notice and normally without a penalty.

Certificate of Deposit Account Registry Service (CDARS): A private CD placement service that allows local agencies to purchase more than $250,000 in CDs from a single financial institution (must be a participating institution of CDARS).

City Treasurer: The Finance Director serves as the City Treasurer, as appointed by the City Manager.

Collateralization: To secure a debt in part or in full by pledge of collateral, asset pledged as security to ensure payment or performance of an obligation. Also refers to securities pledged by a bank to secure deposits of public monies.

Constant Maturity Treasury (CMT): An average yield of a specific Treasury maturity sector for a specific time frame. This is a market index for reference of past direction of interest rates for the given Treasury maturity range Coupon: (a) The annual rate of interest that a bond's issuer promises to pay the bondholder on the bond's face value. (b) A certificate attached to a bond evidencing interest due on a payment date.

Current Yield: The interest paid on an investment expressed as a percentage of the current price of the security.

CUSIP Number: A nine-digit number established by the Committee on Uniform Securities Identification Procedures that is used to identify publicly traded securities. Each publicly traded security receives a unique CUSIP number when the security is issued.

Custody: A banking service that provides safekeeping for the individual securities in a customer's investment portfolio under a written agreement which also calls for the bank to collect and pay out income, to buy, sell, receive and deliver securities when ordered to do so by the principal.

Dealer: A dealer, as opposed to a broker, acts as a principal in all transactions, buying and selling for his own account.

Debenture: A bond secured only by the general credit of the issuer.

Delivery versus Payment (DVP): There are two methods of delivery of securities: delivery versus payment and delivery versus receipt. Delivery versus DRAFT 32 of 289
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25 payment is the delivery of securities with an exchange of money for the securities. Delivery versus receipt is delivery of securities with an exchange of a signed receipt for the securities.

Disallowed Investments: Prohibited investments include any investments not specifically authorized within this policy, inverse floaters, range notes, interestonly strips that are derived from a pool of mortgages; futures, option, all leveraged purchases, reverse repurchases, and speculations on interest rates.

Discount: The difference between the cost price of a security and its value at maturity when quoted at lower than face value. A security selling below original offering price shortly after sale is also considered to be at a discount.

Diversification: Dividing investment funds among a variety of securities offering independent returns.

Duration: A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. Duration is expressed as a number of years. Rising interest rates means falling bond prices, while declining interest rates mean rising bond prices.

Federal Deposit Insurance Corporation (FDIC): The federal agency that insures bank deposits up to $250,000 per deposit at participating banking institutions. To increase consumer confidence in the banking system, the previous $100,000 insurance limit was temporarily increased to $250,000 in 2008, extended to 2013, and then permanently increased on July 21, 2010 with the passage of the Wall Street Reform and Consumer Protection Act.

Federal Funds Rate: The rate of interest at which Federal funds are traded. The Federal Reserve through open-market operations currently set this rate. It is also known as the federal funds target rate or the fed funds rate to guide overnight lending amount U.S. banks. It’s set as a range between an upper and lower limit and influences borrowing and interest rates.

Federally Insured Cash Account (FICA): A proprietary cash management vehicle by StoneCastle Partners. It is an FDIC insured Liquid Structured Bank Deposit Vehicle. A deposit placement security.

Federal Open Market Committee (FOMC): Consists of seven members of the Federal Reserve Board and five of the twelve Federal Reserve Bank Presidents.

The President of the New York Federal Reserve Bank is a permanent member, while the other Presidents serve on a rotating basis. The Committee periodically meets to set Federal Reserve guidelines regarding purchases and sales of DRAFT 33 of 289
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26 Government Securities in the open market as a means of influencing the volume of bank credit and money.

Federal Reserve System: The central bank of the United States which consists of a seven-member Board of Governors, 12 regional banks, and 5,700 commercial banks that are members.

Fiduciary Funds: Funds held in a trustee or agency capacity for outside parties.

Government Accounting Standards Board: A standard-setting body, associated with the Financial Accounting Foundation, which prescribes standard accounting practices for governmental units.

Interest Rate: The annual yield earned on an investment, expressed as a percentage.

Investment Trust of California: In 2005, the CSAC Finance Corporation and the League of California Cities established the Investment Trust of California (CalTRUST) as a Joint Powers Authority in conjunction with public agencies in California for the purpose of pooling and investing local agency funds.

Liquidity: Refers to the ability to rapidly convert an investment into cash.

Laddered Portfolio: Bond investment portfolio with securities in each maturity range (e.g. monthly) over a specified period (e.g. five years).

Leverage: Investing with borrowed money with the exception that the interest earned on the investment will exceed the interest paid on the borrowed money.

Local Agency Investment Fund (LAIF): A voluntary investment program offering participating agencies the opportunity to participate in a major portfolio which daily invests hundreds of millions of dollars, using the investment expertise of the State Treasurer's Office investment staff at no additional cost to the taxpayer. Investment in LAIF, considered a short-term investment, is readily available for cash withdrawal daily.

Market Average Rate of Return: For purposes of this Policy, the market average rate of return is defined as the average CMT (Constant Maturity Treasury) whose maturity most closely matches the weighted average maturity of the portfolio, or the current period average annual LAIF yield. Such measurements will be undertaken based upon the most recent month’s reported data as shown in the Monthly Investment Report.

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27 Mark-to-Market: The process whereby the book value or collateral value of a security is adjusted to reflect its current fair market value. The City applies fair value adjustments at fiscal year-end in the City’s financial statements in accordance with Government Accounting Standards Board Statement No. 72, “Fair Value Measurements and Application”, which provides the framework for measuring fair value.

Market Risk: Defined as market value fluctuations due to overall changes in the general level of interest rates. Adverse fluctuation possibilities shall be mitigated by limiting the maximum maturity of any one security to five years, structuring the portfolio based on historic and current cash flow analysis, and eliminating the need to sell securities prior to maturity. Also, avoiding the purchase of long-term securities for the sole purpose of short-term speculation mitigates market risk.

Market Value: The price at which a security is trading and could presumably be purchased or sold.

Master Repurchase Agreement: A written contract covering all future transactions between the parties to repurchase - reverse repurchase agreements that establish each party's rights in the transactions. A master agreement will often specify, among other things, the right of the buyer-lender to liquidate the underlying securities in the event of default by the seller-borrower.

Maturity: The date the principal or stated value of an investment becomes due and payable.

Medium Term Note: For purposes of this Policy, a medium-term note (MTN) refers to a note payable issued by a Corporation that comes with a maturity date that is within five years.

Money Market Deposit Accounts: These accounts are also referred to as Money Market savings accounts and can offer both savings and checking account. Funds can earn interest while still being able to withdraw or transfer funds. These deposit accounts are FDIC or NCUA insured or fully collateralized if holding government deposits.

Money Market Mutual Fund: The market in which short-term debt instruments (bills, commercial paper, bankers' acceptances, etc.) are issued and traded.

National Credit Union Administration (NCUA): An independent federal agency that insures deposits at federally insured credit unions, currently up to $250,000.

Nationally Recognized Statistical Rating Organization (NRSRO): A credit DRAFT 35 of 289
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28 rating agency that the Securities and Exchange Commission in the United States uses for regulatory purposes. Credit rating agencies provide assessments of an investment's risk. The issuers of investments, especially debt securities, pay credit rating agencies to provide them with ratings. The three most prominent NRSROs are Fitch, S&P, and Moody's.

Nominee: Registered owner of a stock or bond if difference from the beneficial owner, who acts as holder of record for securities and other assets. Typically, this arrangement is done to facilitate the transfer of securities when it is inconvenient to obtain the signature of the real owner, or the actual owner may not wish to be identified. Nominee ownership simplifies the registration and transfer of securities.

Open Market Operations: Purchases and sales of government and certain other securities in the open market by the New York Federal Reserve Bank as directed by the FOMC to influence the volume of money and credit in the economy.

Purchases inject reserves into the bank system and stimulate growth of money and credit; sales have the opposite effect. Open market operations are the Federal Reserve’s most important and most flexible monetary policy tool.

Passive Investment Strategy: A buy and hold investment strategy. Investments are purchased with the intent and capacity to hold them until maturity. At times, market forces or operations may dictate exchanging one security for another or selling a security before maturity. This passive investment strategy is different from one in which securities are purchased with the intent to sell them before maturity at a profit or the use of leverage to enhance yield.

Pooled Investments: Grouping of resources for the advantage of the participants.

Portfolio: Collection of securities held by an investor.

Primary Dealer: A group of government securities dealers who submit daily reports of market activity and positions and monthly financial statements to the Federal Reserve Bank of New York and subject to its informal oversight. Primary dealers include Securities and Exchange Commission (SEC) registered securities broker-dealers, banks and a few unregulated firms.

Prime Commercial Paper: Short-term IOU, or unsecured money market obligation, issued by prime rated commercial firms and financial companies, with maturities from 2 days up to 270 days. A promissory note of the issuer used to finance current obligations and is a negotiable instrument.

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29 Principal: (1) The face amount of par value of a debt instrument. (2) One who acts as a dealer buying or selling for his own account.

Prudent Person Rule: An investment standard. In some states the law requires that a fiduciary, such as a trustee, may invest money only in a list of securities selected by the custody state—the so-called legal list. In other states the trustee may invest in a security if it is one which would be bought by a prudent person of discretion and intelligence who is seeking a reasonable income and preservation of capital. As to the City, the prudent investor standard is established by, and specifically described in, California Government Code Section 53600.3. See Section 4.0 of this investment policy.

Public Bank: A corporation, organized as either a nonprofit mutual benefit corporation or a nonprofit public benefit corporation for the purpose of engaging in the commercial banking business or industrial banking business that is wholly owned by a local agency, as specified, local agencies, or a joint powers authority.

Rate of Return: The yield obtainable on a security based on its purchase price or its current market price. This may be the amortized yield to maturity on a bond or the current income return.

Repurchase Agreement (RP or Repo): A holder of securities sells these securities to an investor with an agreement to repurchase them at a fixed price on a fixed date. The security “buyer” in effect lends the “seller” money for the period of the agreement and the terms of the agreement are structured to compensate him for this. Dealers use RP extensively to finance their positions.

Exception: When the Fed is said to be doing RP, it is lending money that is increasing bank reserves.

Rule 2A-7 of the Investment Company Act: Applies to all money market mutual funds and mandates such funds to maintain certain standards, including a 13-month maturity limit and a 90-day average maturity on investments, to help maintain a constant net asset value of $1.00.

Safekeeping: A service to customers rendered by banks for a fee whereby securities and valuables of all types and descriptions are held in the bank’s vault for protection.

Secondary Market: A market is made for the purchase and sale of outstanding issues following the initial distribution.

Securities & Exchange Commission (SEC): Agency created by Congress to protect investors in securities transactions by administering securities legislation.

DRAFT 37 of 289
City of Goleta
Statement of Investment Policy
Fiscal Year 2024/25
30 SEC Rule 15C3-1: See uniform net capital rule.

Supranationals: A supranational organization is formed by a group of countries through an international treaty with specific objectives such as promoting economic development. Supranational organizations also issue debt in the United States. The most recognized supranational debt is the International Bank for Reconstruction and Development (IBRD or World Bank), International Finance Corporation (IFC) and Inter-American Development Bank (IADB). The City currently does not allow investments in Supranationals, but it’s an allowable investment option under State law, as outlined in Section 9.0.

Sweep Account: Short-term income fund into which all un-invested cash balances from the non-interest-bearing checking account are automatically transferred daily.

Third-Party Custodian: Corporate agent, usually a commercial bank, who, acting as trustee, holds securities under a written agreement for a corporate client and buys and sells securities when instructed. Custody service includes securities safekeeping, and collection of dividends and interest. The bank acts only as a transfer agent and makes no buy-sell recommendations.

Treasury Bills: A non-interest bearing discount security issued by the U.S.

Treasury to finance the national debt. Most bills are issued to mature in three months, six months, or one year.

Treasury Bonds: Long-term coupon-bearing U.S. Treasury securities issued as direct obligations of the U.S. Government and having initial maturities of more than 10 years.

Treasury Notes: Medium-term coupon-bearing U.S. Treasury securities issued as direct obligations of the U.S. Government and having initial maturities of from two to 10 years.

Trustee: (1) All governing bodies of local agencies or persons authorized (city investment officials) to make investment decisions on behalf of those local agencies investing public funds pursuant to this chapter are trustees and therefore fiduciaries subject to the prudent investor standard. (2) A financial institution with trust powers that acts in a fiduciary capacity for the benefit of the bondholders in enforcing the terms of the bond contract.

Uniform Net Capital Rule: Securities and Exchange Commission requirement that member firms as well as non-member broker-dealers in securities maintain a DRAFT 38 of 289
City of Goleta
Statement of Investment Policy
Fiscal Year 2024/25
31 maximum ratio of indebtedness to liquid capital of 15 to 1; also called net capital rule and net capital ratio. Indebtedness covers all money owed to a firm, including margin loans and commitments to purchase securities, one reason new public issues are spread among members of underwriting syndicates. Liquid capital includes cash and assets easily converted into cash.

U.S. Government Securities: Securities issued by the U.S. Government and its agencies which are either directly or indirectly backed by the full faith and credit of the United States. U.S. Government securities include Treasury Bills, Notes and Bonds. Agency securities include those issued by the Federal National Mortgage Association, Federal Home Loan Bank, and similar agencies.

Volatility: A degree of fluctuation in the price and valuation of securities.

Yield: The rate of annual income return on an investment, expressed as a percentage. (a) INCOME YIELD is obtained by dividing the current dollar income by the current market price for the security. (b) NET YIELD or YIELD TO MATURITY is the current income yield minus any premium above par or plus any discount from par in purchase price, with the adjustment spread over the period from the date of purchase to the date of maturity of the bond.

DRAFT 39 of 289
ITEM III:
40 of 289
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41 of 289
CPMS
Agenda Item X.X

CONSENT CALENDAR
Meeting Date: June 4, 2024
TO: Mayor and Councilmembers
VIA: Robert Nisbet, City Manager
SUBMITTED BY: Luke Rioux, Finance Director
PREPARED BY: Ryan Schwarz, Accountant
SUBJECT: Acceptance of the March 2024 Investment Transaction Report RECOMMENDATION:

Accept the investment transaction report for the month of March 2024.

BACKGROUND:

Transmitted herewith is the investment transaction report for the month of March 2024.

The City Treasurer continues to monitor idle cash balances with the help of the accountants in the Finance Department, transferring cash between the checking and money market accounts daily, or as needed to maximize interest earnings. On a quarterly basis, staff submits a comprehensive report on the City’s portfolio and related activity pursuant to the City’s Investment Policy.

DISCUSSION:

Investment Transaction Report
As of March 31, 2024, the City‘s investment portfolio totaled $79,284,557.60. The City’s weighted average yield in March was 3.831%.

Attachment 1 contains the Investment Transaction Report, which includes the Investment Activity and Interest Report, Summary of Cash and Investments, and Investment Portfolio detail as of March
DRAFT
31, 2024.
42 of 289
Meeting Date: May 21, 2024

Benchmark Comparisons
Figure 1 shows a 2-year interest rate trend chart which compares the City’s portfolio yield by quarter, compared to its benchmarks, the Local Agency Investment Fund (LAIF), and the 1- and 2-Year US Treasury Notes. These benchmarks serve as indicators of the City’s performance. Trends over time that substantially deviate from these benchmarks would warrant further analysis and review.

As of March 31, 2024, LAIF’s apportionment rate was at 4.30%, 1 Year US Treasury yield was at 5.03% and the 2 Year US Treasury yield was at 4.59%, compared to the City’s portfolio yield at 3.831%. By the end of the quarter Treasury yields were higher across the maturity terms of the yield curve. Since the prior quarter, the 1 Year US Treasury yield has increase from 4.79% to 5.03%, increasing by 24 basis points. The 2 Year US Treasury yield has decreased from 5.03% to 4.59%, decreasing by 44 basis points. The LAIF daily rate is trending above 4.30% at the time of preparing this report.

In the current interest rate environment, the City’s interest earnings are forecasted to gradually increase. Short-term and liquid investments like local government investment pools and money market funds tend to follow the Federal Funds Rate very closely. On March 20th the Federal Open Market Committee kept the Federal Funds Rate to between

5.25% and 5.50%. There was no rate change at this time as the FOMC is awaiting sufficient data for signs the economy is normalizing and may even cut rates in 2024. The next FOMC meeting will be on April 30th
DRAFT
– May 1st, 2024.
43 of 289
Meeting Date: May 21, 2024

The pooled cash report is included as Attachment 2. Balance Sheets for the General Fund and all Special Funds are included as well, as Attachment 3.

FISCAL IMPACTS:

As of March 31, 2024, the investment portfolio is in compliance with all State laws and the City’s Investment Policy. There are sufficient funds available to meet the City’s expenditure requirements for the next six months.

LEGAL REVIEW BY: Megan Garibaldi, City Attorney
APPROVED BY: Robert Nisbet, City Manager
ATTACHMENTS:

1. Investment Transaction Report for March 31, 2024

2. Pooled Cash Report for the Quarter Ending March 31, 2024

3. Balance Sheets for the Quarter Ending March 31, 2024 DRAFT 44 of 289
ATTACHMENT 1
Investment Transaction Report March 2024
DRAFT 45 of 289
Attachment 1

INVESTMENT ACTIVITY INVESTMENT INCOME

PURCHASES OR DEPOSITS POOLED INVESTMENTS
Interest Earned on Investments 67,861.99 $
Total
Total $ -

SALES, MATURITIES, CALLS OR WITHDRAWALS
Total $ -
ACTIVITY TOTAL $ INCOME TOTAL 67,861.99 - $
City of Goleta
Investment Activity and Interest Report
March 31, 2024
DRAFT 46 of 289
Attachment 1
ENDING BALANCE AS OF February 29, 2024
Account Description
Book
Value
Market
Value
Percent of
Portfolio
Weighted Yield to
Maturity
Average
Days to
Maturity
Checking Accounts 4,295,073.42 $ 4,295,073.42 $ 5.419% 0.000% 1 Money Market Accounts 21,257,138.57 21,257,138.57 $ 26.821% 3.425% 1 (1) Local Agency Investment Funds 43,098,583.67 43,378,674.09 $ 54.733% 3.534% 1 (2) Certificates of Deposit 5,200,000.00 $ 5,065,523.34 6.561% 2.219% 1797 United States Treasury Bill 5,124,708.75 $ 5,130,352.50 6.466% 5.366% 182 SUBTOTAL $ 79,255,594.83 $ 78,846,671.50 100.000% 3.345% 118.772 Held by Fiscal Agent (US Bank - PARS) 503,500.00 $ 484,069.85 $ 1 Held by Fiscal Agent (BNY Mellon) 899.57 899.57 $ 1
SUBTOTAL $ 484,969.42 504,399.57
Totals 79,759,994.40 $ 79,331,640.92 $
Total Cash and Investments $ 79,759,994.40
NET CASH AND INVESTMENT ACTIVITY FOR March 2024
$ (475,436.80)
ENDING BALANCE AS OF March 31, 2024
Account Description
Book
Value
Market
Value
Percent of
Portfolio
Weighted Yield to
Maturity
Average
Days to
Maturity
Checking Accounts 3,052,240.66 $ 3,052,240.66 $ 3.874% 0.000% 1 Money Market Accounts (1) 22,024,534.53 22,024,534.53 27.957% 4.113% 1 Local Agency Investment Funds (2) 43,098,583.67 43,378,674.09 55.063% 4.000% 1 Certificates of Deposit 5,200,000.00 5,057,604.39 6.601% 2.219% 1814 United States Treasury Bill $5,124,708.75 5,153,610.00 6.505% 5.113% 175 SUBTOTAL $ 78,386,573.25 78,780,158.03 $ 100.000% 3.831% 132.002 Held by Fiscal Agent (US Bank - PARS) 503,500.00 $ 524,154.23 $ 1 Held by Fiscal Agent (BNY Mellon) 899.57 899.57 1
SUBTOTAL $ 525,053.80 504,399.57 $
Totals 79,284,557.60 $ 78,911,627.05 $
Total Cash and Investments $ 79,284,557.60
Notes:
(1)
(2)
City of Goleta
Summary of Cash and Investments
March 31, 2024
Community West Bank serves as the City's primary banking institution. Interest earnings are guaranteed at a minimum rate 0.7098% per banking agreement for the money market account. The rate may be adjusted to match the higher of the Pooled Money Investment Account (PMIA) or quarterly Local Agency Investment Fund (LAIF) apportionment rate. All deposits held are required to be fully collateralized by State law. The City has a written collateralization agreement with Community West Bank to ensure the safety of public funds and utilizes an irrevocable letter of credit through the Federal Home Loan Bank of San Francisco.

For reporting purposes the LAIF yield displayed is the apportionment rate available at the time of preparing this report. The apportionment rate is the actual interest earned from LAIF and is based on the prior three-month average of the PMIA effective yield, net of administrative costs. As of FY 17/18 the quarterly apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment loan pursuant to Government Code 20825 (c)(1) and in FY 18/19 interest earned on Wildfire Fund loan pursuant to Public Utility Code 3288 (a), which are not reflected in the PMIA monthly effective yield, due to the structure of the loan.

DRAFT 47 of 289
Attachment 1
PURCHASE MATURITY DAYS TO STATED YIELD AT FACE BOOK MARKET** DATE DATE MATURITY RATE 365 VALUE VALUE VALUE
COMMUNITY WEST BANK GENERAL CHKING ACCT - - 1 0 0.000% 2,232,092.72 2,232,092.72 2,232,092.72 COMMUNITY WEST BANK GENERAL REV ACCT 1 0 0.000% 624,386.34 624,386.34 624,386.34 COMMUNITY WEST BANK PAYROLL CHKING ACCT 1 0 0.000% 4,650.65 4,650.65 4,650.65 PERSHING - SAFE KEEPING ACCT 0 0.000% 191,110.95 191,110.95 191,110.95 Subtotal, Checking Accounts 0.000% 0.000% $ 3,052,240.66 $ 3,052,240.66 $ 3,052,240.66

MONEY MARKET ACCOUNTS
COMMUNITY WEST BANK MMA - - 4.1130% 4.1130% 22,024,534.53 1 22,024,534.53 22,024,534.53 Subtotal, MMA Account 4.1130 1 % 4.1130% $ 22,024,534.53 $ 22,024,534.53 $ 22,024,534.53

LOCAL AGENCY INVESTMENT FUND
LOCAL AGENCY INVESTMENT FUND - - 4.000% 4.000% 43,378,674.09 1 43,378,674.09 43,098,583.67 Subtotal, LAIF 4.000 1 % 4.000% $ 43,378,674.09 $ 43,378,674.09 $ 43,098,583.67

CERTIFICATES OF DEPOSIT
CAPITAL ONE NA 8/7/2019 8/7/2024 1,827 2.250% 2.250% 247,000.00 247,000.00 244,238.54 14042RMU2 CAPITAL ONE BANK USA NA 8/7/2019 8/7/2024 1,827 2.250% 2.250% 247,000.00 247,000.00 244,238.54 14042TBQ9 ENERBANK USA 8/7/2019 8/7/2024 1,827 2.150% 2.150% 247,000.00 247,000.00 244,152.09 29278TKJ8 MORGAN STANLEY BANK NA 8/8/2019 8/8/2024 1,827 2.200% 2.200% 247,000.00 247,000.00 244,174.32 61690UJX9 MORGAN STANLEY PVT BANK 8/8/2019 8/8/2024 1,827 2.200% 2.200% 247,000.00 247,000.00 244,174.32 61760AS75 LIVE OAK BKG CO WILMINGTON NC 2/12/2020 8/12/2024 1,643 1.700% 1.700% 247,000.00 247,000.00 243,685.26 538036HY3 WASHINGTON FEDERAL BK 8/23/2019 8/23/2024 1,827 2.050% 2.050% 249,000.00 249,000.00 245,728.14 938828BJ8 WELLS FARGO BK N A SIOUX FALLS S D 1/29/2020 1/29/2025 1,827 1.950% 1.950% 247,000.00 247,000.00 240,555.77 949763T30 RAYMOND JAMES BK NATL ASSN ST PETERSBURG2/14/2020 2/14/2025 1,827 1.750% 1.750% 247,000.00 247,000.00 239,824.65 75472RBB6 ENCORE BK LITTLE ROCK ARK CTF DEP 4/25/2020 3/25/2025 1,795 1.150% 1.150% 249,000.00 249,000.00 239,513.10 29260MAV7 POPPY BK SANTA ROSA CA CTF DEP 4/27/2020 3/27/2025 1,795 1.100% 1.100% 249,000.00 249,000.00 239,346.27 73319FAK5 AMERICAN EXPRESS NATL BK BROKERED INTL CT 3/31/2020 3/31/2025 1,826 1.550% 1.550% 248,000.00 248,000.00 239,493.60 02589AB68 PACIFIC ENTERPRISE BK IRVINE CA CTF DEP 3/31/2020 3/31/2025 1,826 1.150% 1.150% 249,000.00 249,000.00 239,398.56 694231AC5 STATE BK INDIA NEW YORK NY CTF DEP 4/29/2020 4/29/2025 1,826 1.600% 1.600% 248,000.00 248,000.00 238,985.20 856285TF8 ALLY BK SANDY UTAH CRF ACT/365 6/2/2022 6/2/2027 1,826 3.100% 3.100% 249,000.00 249,000.00 240,240.18 02007GSH7 TOYOTA FINANCIAL SAVINGS BANK HEND NV 10/14/2021 10/14/2026 1,826 1.050% 1.050% 247,000.00 247,000.00 225,431.96 89235MLU3 UBS BANK USA SALT LAKE CITY UT 10/27/2021 10/27/2026 1,826 1.050% 1.050% 249,000.00 249,000.00 226,824.06 90348JV56 DISCOVER BK GREENWOOD DEL 6/1/2022 6/1/2027 1,826 3.200% 3.200% 245,000.00 245,000.00 235,033.40 254673F76 FIRST TECHNOLOGY FED CREDIT UNION #19976 8/5/2022 8/5/2027 1,826 3.650% 3.650% 247,000.00 247,000.00 240,242.08 33715LEB2 DORT FINANCIAL CREDIT UNION 6/20/2023 6/20/2028 1,827 4.500% 4.500% 247,000.00 247,000.00 248,612.91 25844MBB3 BAXTER CREDIT UNION VERNON HILLS 8/22/2023 8/22/2028 1,827 5.000% 5.000% 248,000.00 248,000.00 253,711.44 07181JBB9 Subtotal, Certificates of Deposit 1,814 2.219% 2.219% $ 5,200,000.00 $ 5,200,000.00 $ 5,057,604.39

US TREASURY SECURITIES - DISCOUNT
UNITED STS TREAS BILLS 2/15/2024 8/8/2024 175 5.113% 5.113% 5,250,000.00 5,124,708.75 5,153,610.00 TSRYS5626537 Subtotal, US Treasuries 5.113 1,812 % 5.113% $ 5,250,000.00 $ 5,124,708.75 $ 5,153,610.00 Total $ 78,905,449.28 $ 78,780,158.03 $ 78,386,573.25
Held By Fiscal Agent (US Bank - PARS)

PUBLIC AGENCY RETIREMENT SERVICES
(PARS) - OPEB - Moderate Index Plus 2/4/2022 -0.940% 1 333,500.00 333,500.00 347,180.60

PUBLIC AGENCY RETIREMENT SERVICES
(PARS) - PENSION - Moderate Index Plus 2/4/2022 -0.940% 1 170,000.00 170,000.00 176,973.63 Subtotal -0.940 1 % $ 503,500.00 $ 503,500.00 $ 524,154.23 Total $ 503,500.00 $ 503,500.00 $ 524,154.23
Held By Fiscal Agent (BNY Mellon)
Holding Account 1 899.57 899.57 899.57
Total $ 899.57 899.57 $ 899.57 $
Grand Total $ 79,409,848.85 $ 79,284,557.60 $ 78,911,627.05 Notes:
* Comments for Certificates of Deposit represent the CUSIP Number (Committee on Uniform Securities Identification Procedures). * *Market Value on Certificates of Deposit have been obtained from the City's safekeeping agent, Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation. Market value disclosure is for informational purposes only.

City policy is to hold all investments to maturity; therefore, any unrealized gain or loss reflected between the book value and market value of an investment will not be realized. **Market Value on U.S. Bank, Trustee for PARS: Account balances are inclusive of Trust Administration, Trustee and Investment Management fees.

DESCRIPTION COMMENTS *
DRAFT 48 of 289
ATTACHMENT 2:

Pooled Cash Report for the Quarter Ending March 31, 2024 DRAFT 49 of 289
TYLERHOST\SYSTEM 4.15.2024 Page 1 of 7
Pooled Cash Report
City of Goleta, CA
For the Period Ending 3/31/2024
ACCOUNT # ACCOUNT NAME

BEGINNING

BALANCE

CURRENT

ACTIVITY

CURRENT

BALANCE

CLAIM ON CASH
101-1010.000 Claim on Cash 38,832,658.17 (1,422,750.02) 37,409,908.15 102-1010.000 Claim on Cash 0.00 0.00 0.00
201-1010.000 Claim on Cash 1,718,464.57 66,428.33 1,784,892.90 202-1010.000 Claim on Cash 280,014.05 (23,510.36) 256,503.69 203-1010.000 Claim on Cash 984,126.69 68,145.34 1,052,272.03 205-1010.000 Claim on Cash 6,494,015.07 (833,092.74) 5,660,922.33 206-1010.000 Claim on Cash (798,015.55) (17,812.55) (815,828.10) 207-1010.000 Claim on Cash 0.00 0.00 0.00
208-1010.000 Claim on Cash 609,482.02 556.87 610,038.89 209-1010.000 Claim on Cash 226,655.88 (4,020.28) 222,635.60 210-1010.000 Claim on Cash 167,588.87 (4,674.13) 162,914.74 211-1010.000 Claim on Cash 1,768,244.29 57,455.40 1,825,699.69 212-1010.000 Claim on Cash 11,747.71 0.00 11,747.71
213-1010.000 Claim on Cash 68,814.68 (16,930.92) 51,883.76 214-1010.000 Claim on Cash 42,303.71 (19,541.22) 22,762.49 215-1010.000 Claim on Cash (960,574.74) (124,009.87) (1,084,584.61) 216-1010.000 Claim on Cash (56,073.31) (7,862.95) (63,936.26) 217-1010.000 Claim on Cash (70,199.11) (48,544.46) (118,743.57) 220-1010.000 Claim on Cash 8,360,852.69 36,083.88 8,396,936.57 221-1010.000 Claim on Cash 6,995,504.82 (421,149.07) 6,574,355.75 222-1010.000 Claim on Cash 4,396.58 41,823.06 46,219.64 223-1010.000 Claim on Cash 173,274.93 12,055.55 185,330.48 224-1010.000 Claim on Cash 147,015.28 134.33 147,149.61 225-1010.000 Claim on Cash 1,291,739.20 1,180.24 1,292,919.44 226-1010.000 Claim on Cash 180,421.88 164.85 180,586.73 227-1010.000 Claim on Cash 0.00 0.00 0.00
228-1010.000 Claim on Cash 0.00 0.00 0.00
229-1010.000 Claim on Cash 3,581,508.51 150,766.04 3,732,274.55 230-1010.000 Claim on Cash (13,909.31) 2,289,365.83 2,275,456.52 231-1010.000 Claim on Cash 615,163.38 0.00 615,163.38
232-1010.000 Claim on Cash (297,367.48) (1,040.00) (298,407.48) 233-1010.000 Claim on Cash 128,210.41 0.00 128,210.41
234-1010.000 Claim on Cash 555,862.10 167,355.10 723,217.20 235-1010.000 Claim on Cash 231,648.79 42,030.70 273,679.49 236-1010.000 Claim on Cash 50,429.81 (10,000.00) 40,429.81 237-1010.000 Claim on Cash (60,778.05) 0.00 (60,778.05) 238-1010.000 Claim on Cash 6,564.07 6.00 6,570.07
301-1010.000 Claim on Cash 0.00 0.00 0.00
302-1010.000 Claim on Cash (15,393.52) 0.00 (15,393.52) 303-1010.000 Claim on Cash 0.00 0.00 0.00
304-1010.000 Claim on Cash 48,695.05 (4,535.56) 44,159.49 305-1010.000 Claim on Cash (420,350.11) 0.00 (420,350.11) 306-1010.000 Claim on Cash (220,140.09) 0.00 (220,140.09) 307-1010.000 Claim on Cash 0.00 0.00 0.00
308-1010.000 Claim on Cash (4,309.08) 0.00 (4,309.08)
309-1010.000 Claim on Cash 0.00 0.00 0.00
310-1010.000 Claim on Cash (132,300.92) 132,296.65 (4.27) 311-1010.000 Claim on Cash 30,989.96 (22,223.97) 8,765.99 312-1010.000 Claim on Cash 0.00 0.00 0.00
313-1010.000 Claim on Cash 0.00 0.00 0.00
314-1010.000 Claim on Cash 0.00 0.00 0.00
315-1010.000 Claim on Cash 0.00 0.00 0.00
317-1010.000 Claim on Cash (53,481.99) 0.00 (53,481.99) Attachment 2 DRAFT 50 of 289
ACCOUNT # ACCOUNT NAME

BEGINNING

BALANCE

CURRENT

ACTIVITY

CURRENT

BALANCE
TYLERHOST\SYSTEM 4.15.2024 Page 2 of 7
318-1010.000 Claim on Cash (2,309,304.13) (104,767.39) (2,414,071.52) 319-1010.000 Claim on Cash (70,998.25) 55,263.00 (15,735.25) 320-1010.000 Claim on Cash 14,231.00 0.00 14,231.00
321-1010.000 Claim on Cash (46,431.59) (308,821.65) (355,253.24) 322-1010.000 Claim on Cash (216,291.81) (25,677.00) (241,968.81) 323-1010.000 Claim on Cash 0.00 0.00 0.00
324-1010.000 Claim on Cash 0.00 0.00 0.00
325-1010.000 Claim on Cash 2,139,280.00 0.00 2,139,280.00 401-1010.000 Claim on Cash (735,279.18) 182,873.06 (552,406.12) 402-1010.000 Claim on Cash (5,459.57) 9,957.41 4,497.84 403-1010.000 Claim on Cash 0.00 0.00 0.00
404-1010.000 Claim on Cash 0.00 0.00 0.00
405-1010.000 Claim on Cash 0.00 0.00 0.00
406-1010.000 Claim on Cash 0.00 0.00 0.00
407-1010.000 Claim on Cash 0.00 0.00 0.00
408-1010.000 Claim on Cash 0.00 0.00 0.00
409-1010.000 Claim on Cash (5,825.11) 1,458.36 (4,366.75) 410-1010.000 Claim on Cash 0.00 0.00 0.00
411-1010.000 ClaIm on Cash 0.00 0.00 0.00
412-1010.000 Claim on Cash 0.00 0.00 0.00
413-1010.000 Claim on Cash 0.00 0.00 0.00
414-1010.000 Claim on Cash 0.00 0.00 0.00
415-1010.000 Claim on Cash 0.00 0.00 0.00
416-1010.000 Claim on Cash 0.00 0.00 0.00
417-1010.000 Claim on Cash (354.20) (253,081.01) (253,435.21) 418-1010.000 Claim on Cash 0.00 0.00 0.00
419-1010.000 Claim on Cash 0.00 0.00 0.00
420-1010.000 Claim on Cash 58,107.00 0.00 58,107.00
421-1010.000 Claim on Cash (806,645.64) (44,898.75) (851,544.39) 422-1010.000 Claim on Cash 0.00 0.00 0.00
423-1010.000 Claim on Cash 4,933,990.00 0.00 4,933,990.00 424-1010.000 Claim on Cash 0.00 0.00 0.00
501-1010.000 Claim on Cash 1,136,773.11 1,038.65 1,137,811.76 502-1010.000 Claim on Cash 309,368.76 (20,238.69) 289,130.07 503-1010.000 Claim on Cash 271,738.34 248.28 271,986.62 504-1010.000 Claim on Cash 40,489.52 661.84 41,151.36
605-1010.000 Claim on Cash 782,553.02 715.01 783,268.03 606-1010.000 Claim on Cash 0.00 0.00 0.00
607-1010.000 Claim on Cash 0.00 0.00 0.00
608-1010.000 Claim on Cash 0.00 0.00 0.00
701-1010.000 Claim on Cash 155,652.95 142.22 155,795.17 702-1010.000 Claim on Cash 0.00 0.00 0.00
703-1010.000 Claim on Cash 0.00 0.00 0.00
801-1010.000 Claim on Cash 881,712.26 30,924.69 912,636.95 TOTAL CLAIM ON CASH 77,030,806.39 (390,051.90) 76,640,754.49

CASH IN BANK
Cash in Bank
999-1010.000 Cash 0.00 0.00 0.00
999-1011.000 Payroll Cash 0.00 0.00 0.00
999-1012.000 Community West Cash Account 1,252,674.85 (1,143,986.42) 108,688.43 999-1013.000 CWB Revenue Cash Account 644,733.63 (16,684.72) 628,048.91 999-1080.000 LAIF 43,378,674.09 0.00 43,378,674.09
999-1082.000 Money Market-Community West 21,257,138.57 767,395.96 22,024,534.53 999-1083.000 Pershing Investments 10,324,708.75 0.00 10,324,708.75 999-1083.001 Pershing Sweep Cash Account 172,876.50 3,223.28 176,099.78 999-1083.002 Pershing Investment-Unrealized Gain/Loss 0.00 0.00 0.00 TOTAL: Cash in Bank 77,030,806.39 (390,051.90) 76,640,754.49 Attachment 2 DRAFT 51 of 289
ACCOUNT # ACCOUNT NAME

BEGINNING

BALANCE

CURRENT

ACTIVITY

CURRENT

BALANCE
TYLERHOST\SYSTEM 4.15.2024 Page 3 of 7
TOTAL CASH IN BANK 77,030,806.39 (390,051.90) 76,640,754.49

DUE TO OTHER FUNDS
999-2070.000 Due to Other Funds 77,030,806.39 (390,051.90) 76,640,754.49 TOTAL DUE TO OTHER FUNDS 77,030,806.39 (390,051.90) 76,640,754.49 76,640,754.49
76,640,754.49 76,640,754.49
Claim on Cash
Cash in Bank Due To Other Funds
Difference 0.00
76,640,754.49

0.00 76,640,754.49
76,640,754.49

0.00 Due To Other Funds
Difference Difference
Claim on Cash Cash in Bank
Attachment 2 DRAFT 52 of 289
ACCOUNT # ACCOUNT NAME

BEGINNING

BALANCE

CURRENT

ACTIVITY

CURRENT

BALANCE
TYLERHOST\SYSTEM 4.15.2024 Page 4 of 7

ACCOUNTS PAYABLE PENDING
101-2020.000 Accounts Payable 15,259.76 (14,575.16) 684.60 102-2020.000 Accounts Payable 0.00 0.00 0.00
201-2020.000 Accounts Payable 0.00 0.00 0.00
202-2020.000 Accounts Payable 0.00 0.00 0.00
203-2020.000 Accounts Payable 0.00 0.00 0.00
205-2020.000 Accounts Payable 0.00 0.00 0.00
206-2020.000 Accounts Payable 0.00 0.00 0.00
207-2020.000 Accounts Payable 0.00 0.00 0.00
208-2020.000 Accounts Payable 0.00 0.00 0.00
209-2020.000 Accounts Payable 0.00 0.00 0.00
210-2020.000 Accounts Payable 0.00 0.00 0.00
211-2020.000 Accounts Payable 0.00 0.00 0.00
212-2020.000 Accounts Payable 0.00 0.00 0.00
213-2020.000 Accounts Payable 0.00 0.00 0.00
214-2020.000 Accounts Payable 0.00 0.00 0.00
215-2020.000 Accounts Payable 53.68 (43.68) 10.00
216-2020.000 Accounts Payable 0.00 0.00 0.00
217-2020.000 Accounts Payable 0.00 0.00 0.00
220-2020.000 Accounts Payable 0.00 0.00 0.00
221-2020.000 Accounts Payable 0.00 0.00 0.00
222-2020.000 Accounts Payable 0.00 0.00 0.00
223-2020.000 Accounts Payable 0.00 0.00 0.00
224-2020.000 Accounts Payable 0.00 0.00 0.00
225-2020.000 Accounts Payable 0.00 0.00 0.00
226-2020.000 Accounts Payable 0.00 0.00 0.00
227-2020.000 Accounts Payable 0.00 0.00 0.00
228-2020.000 Accounts Payable 0.00 0.00 0.00
229-2020.000 Accounts Payable 0.00 0.00 0.00
230-2020.000 Accounts Payable 0.00 0.00 0.00
231-2020.000 Accounts Payable 0.00 0.00 0.00
232-2020.000 Accounts Payable 0.00 0.00 0.00
233-2020.000 Accounts Payable 0.00 0.00 0.00
234-2020.000 Accounts Payable 0.00 0.00 0.00
235-2020.000 Accounts Payable 0.00 0.00 0.00
236-2020.000 Accounts Payable 6,000.00 (6,000.00) 0.00
237-2020.000 Accounts Payable 0.00 0.00 0.00
238-2020.000 Accounts Payable 0.00 0.00 0.00
301-2020.000 Accounts Payable 0.00 0.00 0.00
302-2020.000 Accounts Payable 0.00 0.00 0.00
303-2020.000 Accounts Payable 0.00 0.00 0.00
304-2020.000 Accounts Payable 0.00 0.00 0.00
305-2020.000 Accounts Payable 0.00 0.00 0.00
306-2020.000 Accounts Payable 0.00 0.00 0.00
307-2020.000 Accounts Payable 0.00 0.00 0.00
308-2020.000 Accounts Payable 0.00 0.00 0.00
309-2020.000 Accounts Payable 0.00 0.00 0.00
310-2020.000 Accounts Payable 0.00 0.00 0.00
311-2020.000 Accounts Payable 0.00 0.00 0.00
312-2020.000 Accounts Payable 0.00 0.00 0.00
313-2020.000 Accounts Payable 0.00 0.00 0.00
314-2020.000 Accounts Payable 0.00 0.00 0.00
315-2020.000 Accounts Payable 0.00 0.00 0.00
317-2020.000 Accounts Payable 0.00 0.00 0.00
318-2020.000 Accounts Payable 0.00 0.00 0.00
319-2020.000 Accounts Payable 0.00 0.00 0.00
320-2020.000 Accounts Payable 0.00 0.00 0.00
321-2020.000 Accounts Payable 0.00 0.00 0.00
322-2020.000 Accounts Payable 0.00 0.00 0.00
323-2020.000 Accounts Payable 0.00 0.00 0.00
324-2020.000 Accounts Payable 0.00 0.00 0.00
Attachment 2 DRAFT 53 of 289
ACCOUNT # ACCOUNT NAME

BEGINNING

BALANCE

CURRENT

ACTIVITY

CURRENT

BALANCE
TYLERHOST\SYSTEM 4.15.2024 Page 5 of 7
325-2020.000 Accounts Payable 0.00 0.00 0.00
401-2020.000 Accounts Payable 0.00 0.00 0.00
402-2020.000 Accounts Payable 0.00 0.00 0.00
403-2020.000 Accounts Payable 0.00 0.00 0.00
404-2020.000 Accounts Payable 0.00 0.00 0.00
405-2020.000 Accounts Payable 0.00 0.00 0.00
406-2020.000 Accounts Payable 0.00 0.00 0.00
407-2020.000 Accounts Payable 0.00 0.00 0.00
408-2020.000 Accounts Payable 0.00 0.00 0.00
409-2020.000 Accounts Payable 0.00 0.00 0.00
410-2020.000 Accounts Payable 0.00 0.00 0.00
411-2020.000 Accounts Payable 0.00 0.00 0.00
412-2020.000 Accounts Payable 0.00 0.00 0.00
413-2020.000 Accounts Payable 0.00 0.00 0.00
414-2020.000 Accounts Payable 0.00 0.00 0.00
415-2020.000 Accounts Payable 0.00 0.00 0.00
416-2020.000 Accounts Payable 0.00 0.00 0.00
417-2020.000 Accounts Payable 0.00 0.00 0.00
418-2020.000 Accounts Payable 0.00 0.00 0.00
419-2020.000 Accounts Payable 0.00 0.00 0.00
420-2020.000 Accounts Payable 0.00 0.00 0.00
421-2020.000 Accounts Payable 0.00 0.00 0.00
422-2020.000 Accounts Payable 0.00 0.00 0.00
423-2020.000 Accounts Payable 0.00 0.00 0.00
424-2020.000 Accounts Payable 0.00 0.00 0.00
501-2020.000 Accounts Payable 0.00 0.00 0.00
502-2020.000 Accounts Payable 0.00 0.00 0.00
503-2020.000 Accounts Payable 0.00 0.00 0.00
504-2020.000 Accounts Payable 0.00 0.00 0.00
605-2020.000 Accounts Payable 0.00 0.00 0.00
606-2020.000 Accounts Payable 0.00 0.00 0.00
607-2020.000 Accounts Payable 0.00 0.00 0.00
608-2020.000 Accounts Payable 0.00 0.00 0.00
701-2020.000 Accounts Payable 0.00 0.00 0.00
702-2020.000 Accounts Payable 0.00 0.00 0.00
703-2020.000 Accounts Payable 0.00 0.00 0.00
801-2020.000 Accounts Payable 0.00 0.00 0.00
TOTAL ACCOUNTS PAYABLE PENDING 21,313.44 (20,618.84) 694.60

DUE FROM OTHER FUNDS
999-1310.101 Due from General Fund (15,259.76) 14,575.16 (684.60) 999-1310.102 Due from General Fund Reserves 0.00 0.00 0.00 999-1310.198 Due from Vehicle Replace 0.00 0.00 0.00
999-1310.199 Due from City Debt Service Fnd 0.00 0.00 0.00 999-1310.201 Due from Gas Tax 0.00 0.00 0.00
999-1310.202 Due from Transportation 0.00 0.00 0.00
999-1310.203 Due from Road Maint Rehab Acct 0.00 0.00 0.00 999-1310.205 Due from Measure D 0.00 0.00 0.00
999-1310.206 Due from Measure A - Other 0.00 0.00 0.00
999-1310.207 Due from Meas A SBCAG Light Ra 0.00 0.00 0.00 999-1310.208 Due from County Per Capita 0.00 0.00 0.00
999-1310.209 Due from County Per Capita 0.00 0.00 0.00
999-1310.210 Due from County Per Capita 0.00 0.00 0.00
999-1310.211 Due from Solid Waste Fund 0.00 0.00 0.00
999-1310.212 Due from Pub. Safety Donations 0.00 0.00 0.00 999-1310.213 Due from Buellton Library 0.00 0.00 0.00
999-1310.214 Due from Solvang Library 0.00 0.00 0.00
999-1310.215 Due from Library Fund (53.68) 43.68 (10.00) 999-1310.216 Due from Library Book Van 0.00 0.00 0.00
999-1310.217 Due from Goleta Community Center 0.00 0.00 0.00 999-1310.220 Due from GTIP 0.00 0.00 0.00
Attachment 2 DRAFT 54 of 289
ACCOUNT # ACCOUNT NAME

BEGINNING

BALANCE

CURRENT

ACTIVITY

CURRENT

BALANCE
TYLERHOST\SYSTEM 4.15.2024 Page 6 of 7
999-1310.221 Due from Park Development Fees 0.00 0.00 0.00 999-1310.222 Due from Devel. Impact Fees 0.00 0.00 0.00 999-1310.223 Due from Library Facilities DI 0.00 0.00 0.00 999-1310.224 Due from Sherrif Facilities DI 0.00 0.00 0.00 999-1310.225 Due from Housing In-Lieu Fund 0.00 0.00 0.00 999-1310.226 Due from Environmental Program 0.00 0.00 0.00 999-1310.227 Due from Mangement Habitat 0.00 0.00 0.00
999-1310.228 Due from Housing In-Lieu-RDA 0.00 0.00 0.00 999-1310.229 Due from Fire DIF Fund 0.00 0.00 0.00
999-1310.230 Due from LRDP 0.00 0.00 0.00
999-1310.231 Due from Developer Agreement 0.00 0.00 0.00 999-1310.232 Due from County Fire DIF 0.00 0.00 0.00
999-1310.233 Due from OBF - SCE 0.00 0.00 0.00
999-1310.234 Due from Storm Drain DIF 0.00 0.00 0.00
999-1310.235 Due from Bicycle & Ped DIF 0.00 0.00 0.00
999-1310.236 Due from Other Funds Misc. Grt (6,000.00) 6,000.00 0.00 999-1310.237 Due from Local Grants 0.00 0.00 0.00
999-1310.238 Due from Non-Residential Affordable Housing DIF 0.00 0.00 0.00 999-1310.247 Due From Citywide CIP Fund 0.00 0.00 0.00
999-1310.301 Due from State Park Fund 0.00 0.00 0.00
999-1310.302 Due from Public Safety 0.00 0.00 0.00
999-1310.303 Due from OTS Grant 0.00 0.00 0.00
999-1310.304 Due from Solid Waste Grant 0.00 0.00 0.00
999-1310.305 Due from RSTP - State Grant 0.00 0.00 0.00 999-1310.306 Due from LSTP 0.00 0.00 0.00
999-1310.307 Due from Environmental Justice 0.00 0.00 0.00 999-1310.308 Due from STIP 0.00 0.00 0.00
999-1310.309 Due from LSR - STATE GRANT 0.00 0.00 0.00
999-1310.310 Due From Cal Fire Grant 0.00 0.00 0.00
999-1310.311 Due from Other Funds Misc. Grt 0.00 0.00 0.00 999-1310.312 Due from Other Funds SLPP 0.00 0.00 0.00
999-1310.313 Due From Other Prop84 0.00 0.00 0.00
999-1310.314 Due from Strategic Growh Counc 0.00 0.00 0.00 999-1310.315 Due from State Water Grant 0.00 0.00 0.00
999-1310.317 Due from SSARP Grant 0.00 0.00 0.00
999-1310.318 Due from ATP-State 0.00 0.00 0.00
999-1310.319 Due from Housing&Community Dev 0.00 0.00 0.00 999-1310.320 Due from Cal-OES 0.00 0.00 0.00
999-1310.321 Due from TIRCP 0.00 0.00 0.00
999-1310.322 Due from MBHMP 0.00 0.00 0.00
999-1310.323 Due from CALOES 0.00 0.00 0.00
999-1310.324 Due from Planning Grants Program PGP 0.00 0.00 0.00 999-1310.325 Due from Isla Vista Grant 0.00 0.00 0.00
999-1310.401 Due from ISTEA 0.00 0.00 0.00
999-1310.402 Due from CDBG 0.00 0.00 0.00
999-1310.403 Due from Capital Improvement 0.00 0.00 0.00 999-1310.404 Due from STIP 0.00 0.00 0.00
999-1310.405 Due from LSTP 0.00 0.00 0.00
999-1310.406 Due from RSTP-Fed Grant 0.00 0.00 0.00
999-1310.407 Due from TCSP 0.00 0.00 0.00
999-1310.408 Due from EPA Grant 0.00 0.00 0.00
999-1310.409 Due from Public Safety Fund 0.00 0.00 0.00 999-1310.410 Due from STE 0.00 0.00 0.00
999-1310.411 Due from FEMA 0.00 0.00 0.00
999-1310.412 Due from Winter Storm Prep 0.00 0.00 0.00
999-1310.413 Due from 0.00 0.00 0.00
999-1310.414 DUE FROM EECBG 0.00 0.00 0.00
999-1310.415 Due from Fish Restoration 0.00 0.00 0.00
999-1310.416 Due from BPMP 0.00 0.00 0.00
999-1310.417 Due from HSIP 0.00 0.00 0.00
999-1310.418 Due from ATP-Federal 0.00 0.00 0.00
Attachment 2 DRAFT 55 of 289
ACCOUNT # ACCOUNT NAME

BEGINNING

BALANCE

CURRENT

ACTIVITY

CURRENT

BALANCE
TYLERHOST\SYSTEM 4.15.2024 Page 7 of 7
999-1310.419 Due from TIGER 0.00 0.00 0.00
999-1310.420 Due from FHWA - FEBA Reimb 0.00 0.00 0.00
999-1310.421 Due from HMGP Hazard Mit Grant 0.00 0.00 0.00 999-1310.422 Due from CARES 0.00 0.00 0.00
999-1310.423 Due From State & Local Fiscal Recovery Fund 0.00 0.00 0.00 999-1310.424 Due from Community Project Funding 0.00 0.00 0.00 999-1310.501 Due from Library Fund 0.00 0.00 0.00
999-1310.502 Due from St Light Assessmnt 0.00 0.00 0.00 999-1310.503 Due from PEG 0.00 0.00 0.00
999-1310.504 Due from CASp 0.00 0.00 0.00
999-1310.601 Due from RDA Project 0.00 0.00 0.00
999-1310.602 Due from RDA Housing 0.00 0.00 0.00
999-1310.603 Due from RDA Debt Service 0.00 0.00 0.00
999-1310.604 Due from RDA Bond Proceeds 0.00 0.00 0.00
999-1310.605 Due from RDA Successor Agency 0.00 0.00 0.00 999-1310.606 Due from LMI Successor Agency 0.00 0.00 0.00 999-1310.607 DUE FROM SUCCESSOR DBT SVC 0.00 0.00 0.00
999-1310.608 Due from IBank 0.00 0.00 0.00
999-1310.701 Due from Comstock Plover Endow 0.00 0.00 0.00 999-1310.702 Due from Section 115 Trust - Pension 0.00 0.00 0.00 999-1310.703 Due from Section 115 Trust - OPEB 0.00 0.00 0.00 999-1310.801 Due from Developer Deposit Fund 0.00 0.00 0.00 TOTAL DUE FROM OTHER FUNDS (21,313.44) 20,618.84 (694.60)

ACCOUNTS PAYABLE
999-2020.000 Accounts Payable-Control 21,313.44 (20,618.84) 694.60 TOTAL ACCOUNTS PAYABLE 21,313.44 (20,618.84) 694.60
694.60
694.60 694.60
AP Pending
Due From Other Funds Accounts Payable
Difference 0.00 0.00
694.60
694.60

0.00 Accounts Payable
Difference Difference
AP Pending 694.60 Due From Other Funds
Attachment 2 DRAFT 56 of 289
ATTACHMENT 3:

Balance Sheets for the Quarter Ending March 31, 2024
DRAFT 57 of 289
City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending March 31, 2024
Attachment 3
General Fund Gas Tax Measure A County Per
Capita ‐ Goleta
County Per
Capita ‐
Buellton
101 201 205 208 209
ASSETS
Cash & Investments
Claim on Cash       35,930,166     1,778,225     5,640,028            607,695            221,768 Petty Cash                 1,150 ‐                 ‐                 ‐                     ‐ Bond Discount                     ‐ ‐                 ‐                 ‐                     ‐ Cash with Fiscal Agent                     ‐ ‐                 ‐                 ‐                     ‐ Investments
Unrealized Gain/Loss on Invest                      ‐                 ‐ ‐                 ‐                     ‐ Receivables                     ‐ ‐                 ‐                 ‐                     ‐ Accounts            419,013 ‐                 ‐                 ‐                     ‐ RDA Settlement Receivable                     ‐ ‐                 ‐                 ‐                     ‐ Interest                     ‐ ‐                 ‐                 ‐                     ‐ Prepaid Expenditures (Other)                     ‐ ‐                 ‐                 ‐                     ‐ Security Deposit                     ‐ ‐                 ‐                 ‐                     ‐ Deposit ‐ Earnest Money                     ‐ ‐                 ‐                 ‐                     ‐ Deposit ‐ State Condemnation                     ‐ ‐                 ‐                 ‐                     ‐ Prepaid Items (Expenditures)              50,065 ‐                 ‐                 ‐                     ‐ Prepaid Bond Insurance Premium                     ‐                 ‐ ‐                 ‐                     ‐ Deferred Loss on Refunding                     ‐ ‐                 ‐                 ‐                     ‐ TOTAL ASSETS      36,400,394     1,778,225     5,640,028            607,695            221,768

LIABILITIES
Accounts Payable                     ‐ ‐                 ‐                 ‐                     ‐ Accrued Salaries & Benefits            296,541 ‐                 ‐                 ‐                     ‐ Retentions Payable            144,595          68,250          36,620 ‐                     ‐ Accrued Expenses                     ‐ ‐                 ‐                 ‐                     ‐ Deferred Revenue            109,595 ‐                 ‐                 ‐                     ‐ Interest Payable                     ‐ ‐                 ‐                 ‐                     ‐ Bond Payable                     ‐ ‐                 ‐                 ‐                     ‐ Bond Premium         1,278,252                 ‐ ‐                 ‐                     ‐ Deferred Loss on Refunding                     ‐ ‐                 ‐                 ‐                     ‐ Deposit ‐ Miscellaneous                     ‐ ‐                 ‐                 ‐                     ‐ Developer Deposit Payable                     ‐ ‐                 ‐                 ‐                     ‐ TOTAL LIABILITIES 1,828,983                   68,250          36,620 ‐                     ‐

FUND BALANCES
Non‐spendable              74,711 ‐                 ‐                 ‐                     ‐ Committed       11,065,624 ‐                 ‐                 ‐                     ‐ Assigned            503,500 ‐                 ‐                 ‐                     ‐ Unassigned Fund Balance       22,927,576 ‐                 ‐                 ‐                     ‐ Fund Balance (Other Funds)                     ‐     1,709,975     5,603,408            607,695            221,768 TOTAL FUND BALANCE 34,571,411           1,709,975     5,603,408            607,695            221,768

TOTAL LIABILITIES &
FUND BALANCE      36,400,394     1,778,225     5,640,028            607,695            221,768 DRAFT 58 of 289
City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending March 31, 2024
Attachment 3
ASSETS
Cash & Investments
Claim on Cash
Petty Cash
Bond Discount
Cash with Fiscal Agent
Investments
Unrealized Gain/Loss on Invest
Receivables
Accounts
RDA Settlement Receivable
Interest
Prepaid Expenditures (Other)
Security Deposit
Deposit ‐ Earnest Money
Deposit ‐ State Condemnation
Prepaid Items (Expenditures)
Prepaid Bond Insurance Premium
Deferred Loss on Refunding

TOTAL ASSETS

LIABILITIES
Accounts Payable
Accrued Salaries & Benefits
Retentions Payable
Accrued Expenses
Deferred Revenue
Interest Payable
Bond Payable
Bond Premium
Deferred Loss on Refunding
Deposit ‐ Miscellaneous
Developer Deposit Payable

TOTAL LIABILITIES

FUND BALANCES
Non‐spendable
Committed
Assigned
Unassigned Fund Balance
Fund Balance (Other Funds)

TOTAL FUND BALANCE

TOTAL LIABILITIES &

FUND BALANCE
County Per
Capita ‐
Solvang
Solid Waste Library Fund Library Book
Van
GTIP
210 211 215 216 220
162,275         1,826,298        (1,058,450)           (61,241)         8,052,685 ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                                   5,000 ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                           1,835,900 ‐                     ‐ ‐                     ‐                                 35,156 ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ 162,275         1,826,298        (1,058,450)           (61,241)         9,928,741 ‐ ‐                     ‐                     ‐                   ‐ ‐                 9,315               26,454               2,695 ‐ ‐ ‐                     ‐                     ‐                                   4,449 ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐                 9,315               26,454               2,695                 4,449 ‐                     ‐ ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ ‐ ‐                     ‐                     ‐                   ‐ 162,275         1,816,984        (1,084,904)           (63,936)         9,924,292 162,275         1,816,984        (1,084,904)           (63,936)         9,924,292 162,275         1,826,298        (1,058,450)           (61,241)         9,928,741 DRAFT 59 of 289
City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending March 31, 2024
Attachment 3
ASSETS
Cash & Investments
Claim on Cash
Petty Cash
Bond Discount
Cash with Fiscal Agent
Investments
Unrealized Gain/Loss on Invest
Receivables
Accounts
RDA Settlement Receivable
Interest
Prepaid Expenditures (Other)
Security Deposit
Deposit ‐ Earnest Money
Deposit ‐ State Condemnation
Prepaid Items (Expenditures)
Prepaid Bond Insurance Premium
Deferred Loss on Refunding

TOTAL ASSETS

LIABILITIES
Accounts Payable
Accrued Salaries & Benefits
Retentions Payable
Accrued Expenses
Deferred Revenue
Interest Payable
Bond Payable
Bond Premium
Deferred Loss on Refunding
Deposit ‐ Miscellaneous
Developer Deposit Payable

TOTAL LIABILITIES

FUND BALANCES
Non‐spendable
Committed
Assigned
Unassigned Fund Balance
Fund Balance (Other Funds)

TOTAL FUND BALANCE

TOTAL LIABILITIES &

FUND BALANCE
Parks DIF
Public Facilities
DIF Library DIF
Sheriff
Facilities DIF Housing in Lieu
221 222 223 224 225
6,387,727                 4,384            171,445            146,584         1,287,952 ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                                         ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ 6,387,727                 4,384            171,445            146,584         1,287,952 ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ 100,487 ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ 100,487 ‐                     ‐                     ‐                     ‐ ‐                     ‐ ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ 6,287,240                 4,384            171,445            146,584         1,287,952 6,287,240                 4,384            171,445            146,584         1,287,952 6,387,727                 4,384            171,445            146,584         1,287,952 DRAFT 60 of 289
City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending March 31, 2024
Attachment 3
ASSETS
Cash & Investments
Claim on Cash
Petty Cash
Bond Discount
Cash with Fiscal Agent
Investments
Unrealized Gain/Loss on Invest
Receivables
Accounts
RDA Settlement Receivable
Interest
Prepaid Expenditures (Other)
Security Deposit
Deposit ‐ Earnest Money
Deposit ‐ State Condemnation
Prepaid Items (Expenditures)
Prepaid Bond Insurance Premium
Deferred Loss on Refunding

TOTAL ASSETS

LIABILITIES
Accounts Payable
Accrued Salaries & Benefits
Retentions Payable
Accrued Expenses
Deferred Revenue
Interest Payable
Bond Payable
Bond Premium
Deferred Loss on Refunding
Deposit ‐ Miscellaneous
Developer Deposit Payable

TOTAL LIABILITIES

FUND BALANCES
Non‐spendable
Committed
Assigned
Unassigned Fund Balance
Fund Balance (Other Funds)

TOTAL FUND BALANCE

TOTAL LIABILITIES &

FUND BALANCE
Fire DIF
Long Range
Development
Plan (LRDP)
Developer
Agreements
County Fire
DIF
RSTP       State
Grant
229 230 231 232 305
3,569,707             (24,543)            615,163           (298,407)           (420,350) ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐                     ‐ ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ 3,569,707             (24,543)            615,163           (298,407)           (420,350) ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐                     ‐ ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ ‐ ‐                     ‐                     ‐                     ‐ 3,569,707             (24,543)            615,163           (298,407)           (420,350) 3,569,707             (24,543)            615,163           (298,407)           (420,350) 3,569,707             (24,543)            615,163           (298,407)           (420,350) DRAFT 61 of 289
City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending March 31, 2024
Attachment 3
ASSETS
Cash & Investments
Claim on Cash
Petty Cash
Bond Discount
Cash with Fiscal Agent
Investments
Unrealized Gain/Loss on Invest
Receivables
Accounts
RDA Settlement Receivable
Interest
Prepaid Expenditures (Other)
Security Deposit
Deposit ‐ Earnest Money
Deposit ‐ State Condemnation
Prepaid Items (Expenditures)
Prepaid Bond Insurance Premium
Deferred Loss on Refunding

TOTAL ASSETS

LIABILITIES
Accounts Payable
Accrued Salaries & Benefits
Retentions Payable
Accrued Expenses
Deferred Revenue
Interest Payable
Bond Payable
Bond Premium
Deferred Loss on Refunding
Deposit ‐ Miscellaneous
Developer Deposit Payable

TOTAL LIABILITIES

FUND BALANCES
Non‐spendable
Committed
Assigned
Unassigned Fund Balance
Fund Balance (Other Funds)

TOTAL FUND BALANCE

TOTAL LIABILITIES &

FUND BALANCE

STIP HBP CDBG
RDA Successor‐
NonHousing Other Funds TOTAL FUNDS
308 401 402 605 *
(4,309)    (798,326)    (125,211)                780,258     6,686,493       71,078,013 ‐              ‐ ‐                                      ‐                228                 1,378 ‐              ‐ ‐                                      ‐ ‐                 ‐ ‐              ‐ ‐                                     900 ‐                                    900 503,500            503,500
‐              ‐ ‐                                      ‐         (21,350)             (21,350) ‐              ‐ ‐                                      ‐ ‐                 ‐ ‐              ‐ ‐                                      ‐          40,009            459,022 ‐              ‐ ‐                          1,551,882 ‐                         1,551,882 ‐              ‐ ‐                                      ‐ ‐                 ‐ ‐              ‐ ‐                                      ‐          12,080               12,080 ‐              ‐ ‐                                      ‐ ‐                                 5,000 ‐              ‐ ‐                                      ‐ ‐                 ‐ ‐              ‐ ‐                                      ‐ ‐                         1,835,900 ‐              ‐ ‐                                      ‐ ‐                               85,221 ‐              ‐ ‐                               54,536 ‐                               54,536 ‐              ‐ ‐                             568,650 ‐                            568,650 (4,309)    (798,326)    (125,211)             2,956,226     7,220,960       76,134,732 ‐              ‐ ‐                                      ‐ ‐                 ‐ ‐              ‐ ‐                                      ‐          18,723            353,728 ‐              ‐          7,023                         ‐        215,350            576,774 ‐              ‐                         ‐ ‐                 ‐ ‐              ‐ ‐                                      ‐     5,148,990         5,258,585 ‐              ‐ ‐                               38,246 ‐                               38,246 ‐              ‐ ‐                                      ‐ ‐                 ‐ ‐              ‐ ‐                                      ‐            9,513         1,287,765 ‐              ‐ ‐                        10,725,000 ‐                       10,725,000 ‐              ‐ ‐                          1,261,966 ‐                         1,261,966 ‐              ‐ ‐                                      ‐     1,072,062         1,072,062 ‐              ‐          7,023           12,025,212     6,464,638       20,574,125 ‐              ‐ ‐                                      ‐ ‐                               74,711 ‐              ‐ ‐                                      ‐ ‐                       11,065,624 ‐              ‐ ‐                                      ‐ ‐                            503,500 ‐              ‐ ‐                                      ‐ ‐                       22,927,576 (4,309)    (798,326)    (132,235)            (9,068,986)        756,322       20,989,195 (4,309)    (798,326)    (132,235)           (9,068,986)        756,322       55,560,606 (4,309)    (798,326)    (125,211)             2,956,226     7,220,960       76,134,732 DRAFT 62 of 289
City of Goleta
Balance Sheet (Unaudited)
For the Quarter Ending March 31, 2024
Attachment 3
ASSETS
Cash & Investments
Claim on Cash
Petty Cash
Bond Discount
Cash with Fiscal Agent
Investments
Unrealized Gain/Loss on Invest
Receivables
Accounts
RDA Settlement Receivable
Interest
Prepaid Expenditures (Other)
Security Deposit
Deposit ‐ Earnest Money
Deposit ‐ State Condemnation
Prepaid Items (Expenditures)
Prepaid Bond Insurance Premium
Deferred Loss on Refunding

TOTAL ASSETS

LIABILITIES
Accounts Payable
Accrued Salaries & Benefits
Retentions Payable
Accrued Expenses
Deferred Revenue
Interest Payable
Bond Payable
Bond Premium
Deferred Loss on Refunding
Deposit ‐ Miscellaneous
Developer Deposit Payable

TOTAL LIABILITIES

FUND BALANCES
Non‐spendable
Committed
Assigned
Unassigned Fund Balance
Fund Balance (Other Funds)

TOTAL FUND BALANCE

TOTAL LIABILITIES &

FUND BALANCE
*Other Funds Include:
202 Transportation
203 RMRA
206 Measure A‐ Other
212 Public Safety Donations
217 GCC
226 Environmental Programs
233 OBF ‐ SCE
236 Misc Grans Library
237 Local Grants
238 DIF Non‐Residential
301 State Park Grant
302 COPS ‐ Public Safety Grant
304 Solid Waste ‐ Recycling Grant
306 LSTP
311 Misc. Grant
314 SCG
317 SSARP Grant
318 ATP (State)
319 Housing and Community Development
320 Cal OES
321 TIRCP
409 OTS Public afety Fund
417 Highway Safety Improvement Program
419 TIGER
420 FHWA ‐ FEMA Reimb
421 HMGP ‐ Hazard Mit Grant
423 ARPA
501 Library Services
502 Street Lighting
503 PEG
504 CASp Cert & Training
701 Plover Endowment
801 Developer Deposits
806 iBank
DRAFT 63 of 289
ITEM IV:
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65 of 289
Agenda Item X.x

WORKSHOP
Meeting Date: May 21, 2024
TO: Mayor and Councilmembers
SUBMITTED BY: Luke Rioux, Finance Director
PREPARED BY: Shawna Stokes, Budget Analyst
SUBJECT: FY 2024/25 Budget (Mid-Cycle) Workshop
RECOMMENDATION:

Receive a presentation on the Fiscal Year 2024/25 Mid-Cycle Budget Review BACKGROUND:

The City adopted a Two-Year Budget Plan for Fiscal Year (FY) 2023/24 and FY 2024/25 on June 20, 2023, and is now approaching its second year of the budget. The two-year budget is revisited after the first year to allow staff and the City Council to revise the budget to reflect the evolving needs of the City while maintaining alignment with the Council’s Strategic Plan and priorities in the departmental work programs. The second-year process is known as the Mid-Cycle Budget Review and, when adopted, is referred to as the MidCycle Budget.

As part of the budget development process, the City hosts a series of public budget workshops that provide an overview of the Proposed Operating and Capital Improvement Program (CIP) Budget.

On April 2, 2024, the City held its first workshop on the CIP budget. At that workshop, staff provided an update to the CIP, including a review of updated CIP project sheets, estimated and unfunded amounts, and discussed funding strategies and appropriations amounts for FY 2024/25. The CIP budget and final appropriations amounts will continue to be further refined near budget adoption on June 18, 2024.

This workshop's purpose is to provide the City Council the opportunity to review the proposed revisions to the Preliminary Operating Budget for FY 2024/25, which includes the revised Five-Year Forecast for the General Fund. The Operating Budget is prepared separately from the CIP budget so that a more thorough and detailed understanding of the City’s ongoing programs can be provided. The preliminary budgets are still in draft form, and materials at this workshop are not intended to be inclusive of the entire recommended budget, which will be finalized and released in June for consideration at the public hearing on June 18, 2024.

DRAFT 66 of 289
Meeting Date: May 21, 2024

Staff will present a revised FY 2024/25 Budget (Mid-Cycle Budget) to the City Council for approval on June 18, 2024. The Mid-Cycle Budget will authorize budget appropriations for FY 2024/25.It should be noted that as a result of continued economic uncertainty, the FY 2024/25 budget is anticipated to require frequent review and adjustments during the upcoming year.

DISCUSSION:

Budget Development Summary:

The FY 2024/25 Mid-Cycle Budget mainly focuses on revisions made to the original FY 2024/25 budget estimates and takes into consideration policy direction, operational changes, each department’s annual work programs, and revenue and expenditure activity experienced in the current FY 2023/24, and contractual changes. Budget figures may change between now, and the adoption of the final proposed budget scheduled on June 18, 2024, due to feedback and Council direction or updated information becoming available.

The revised proposed FY 2024/25 Budget was developed using a conservative and responsible approach to revenue estimates and expenditure allocation while meeting the community’s needs and addressing the goals established by the City Council for the upcoming fiscal year. However, it remains challenged due to elevated costs and competing priorities.

Current FY 23/24 Budget and Year-End Estimates:

To provide context on the City’s financial position, available fund balances, and budget projections for the upcoming fiscal year, staff have summarized current fiscal year-end estimates in the table below. The year-end budget estimates are based on the City’s upcoming third quarter financial review which will be presented to City Council on June 6, 2024. Year-end estimated actuals are based on a review and analysis of trending revenue activity and operating and capital expenditures.

Table 1 – FY 23/24 General Fund Budget and Estimated Actuals General Fund Budget
FY 23/24
Adopted
Budget
FY 23/24
Current
Budget
FY 23/24
Pending Q3
Budget
FY 23/24
Estimated
Actuals
Beginning Fund Balance $ 39,539,560 $ 39,539,560 $ 39,539,560 $ 39,539,560 Revenues 42,113,909 43,996,422 45,170,572 45,420,572
Other Sources - - - - Total Revenues & Other Sources 42,113,909 43,996,422 45,170,572 45,420,572 Operating Expenditures 44,635,898 48,540,950 48,462,451 48,415,011 Capital Project Expenditures 1,825,472 17,777,023 17,958,023 17,958,023 Total Expenditures 46,461,370 66,317,973 66,420,474 66,373,034 Net Change to Fund Balance (4,347,461) (22,321,551) (21,249,902) (20,952,462) Ending Fund Balance
DRAFT
$ 35,192,099 $ 17,218,009 $ 18,289,658 $ 18,587,098
67 of 289
Meeting Date: May 21, 2024

 Projected actual revenues are anticipated to finish approximately $1.4 million higher than current budget estimates for a total of $45.4 million. This is largely driven by increases in investment earnings, license and service charges activity, and other revenue sources that have corresponding expenditures. Actual revenue performance will be known by the end of August 2024, including how the new transaction and use tax revenue performed since its operative date of January 1, 2024.
 Projected actual expenditures are anticipated to finish at approximately $65.95 million and slightly below current budget projections. This assumption assumes that all unspent capital project expenditures will continue to be earmarked and carried over into the next fiscal year to complete projects. These year-end actual estimates help inform the overall beginning fund balance for FY 24/25 on an estimated actual basis. Final expenditures will be known by the end of August 2024, and finalized after the conclusion of the City’s independent audit.

Citywide Total Budget Summary Update – All Funds
The table below summarizes the proposed revised preliminary revenue and expenditure budgets for all City funds for FY 2024/25.

Table 1 – All City Funds Summary

The decrease in special revenue funds for both revenues and expenditures is primarily related to revised one-time grant funds or development impact fee estimates related to capital improvement program projects. Estimates will continue to be further refined until budget adoption in June.

Financial Outlook for FY 2024/25
The City of Goleta continues to experience consistent growth and resilience after economic fluctuations in the years following the COVID-19 pandemic. However, as we enter FY 2024/25, we are mindful of continued economic challenges. These include persistent inflation, ongoing supply chain disruptions, rising energy and fuel costs, increasing labor expenses, and the implications of Federal Reserve tightening policies. The City has been All City Funds - Revenues
FY 24/25
Original
FY 24/25
Revised
$ Change to
Budget
% Change to
Budget
General Fund $ 48,410,809 $ 49,920,959 $ 1,510,150 3.1% Special Revenue Funds $ 31,757,720 $ 12,202,729 $ (19,554,991) -61.6% Total $ 80,168,529 $ 62,123,688 $ (18,044,841) -22.5%
All City Funds - Expenditures
FY 24/25
Original
FY 24/25
Revised
$ Change to
Budget
% Change to
Budget
General Fund $ 50,096,200 $ 52,447,540 $ 2,351,340 4.7% Special Revenue Funds $ 27,994,120 $ 14,266,370 $ (13,727,750) -49.0% Total $ 78,090,320 $ 66,713,910 $ (11,376,410) -14.6%
DRAFT 68 of 289
Meeting Date: May 21, 2024

significantly challenged by past years' rapid inflation, as building and construction costs remain elevated. These economic uncertainties are expected to remain a challenge for the City as we look to address deferred maintenance, fund priority capital improvement projects, and comply with unfunded mandates.

In response to these challenges, particularly the rising costs of building and construction, the City is proactively formulating strategies to manage our finances effectively to sustain our fiscal health. This includes pursuing various fees and rate studies, along with consideration of evaluating tax-exempt financing for major capital projects by leveraging transportation-related revenues and the use of the general fund. This forward-looking approach ensures that we are well-positioned to navigate these uncertainties while continuing to support the growth and well-being of our community. In addition, the City will begin receiving its voter-approved 1% transaction and use tax, which is estimated to add $10.6 - $11 million annually to the General Fund. FY 2024/25 will be the first full fiscal year the City will experience this new revenue source.

Summary of Recommended Revised FY 2024/25 Budget
The FY 2024/25 Recommended Budget (Budget) is a revision of the original version adopted on June 20, 2023 as part of the Two-Year Budget Plan. Updates were made to reflect Council action taken in FY 23/24, including the recently adopted MOU and market rate salary adjustments and feedback on annual work programs. The FY 24/25 revisions include mandatory and required adjustments to reflect ongoing contract commitments and agreements, such as insurance premiums, City Hall loan repayments, and contracted services for police and animal services. Additionally, the Budget reflects use of certain reserve categories to fund vehicle replacements and other one-time expenditures.

The revised revenue estimates that staff are recommending are still being finalized but have been updated based on information known at this time. The revenue analysis and estimates are further described below.

The information presented in this report for City Council’s review and input is as follows:
1) FY 23/24 General Fund Year-End Estimates
2) FY 24/25 Preliminary Budget Summary
3) FY 24/25 Revenue Assumptions
4) FY 24/25 Expenditure Assumptions
5) Projected Fund Balance and Reserves
6) Updated Five-Year Forecast through FY 27/28
7) Capital Improvement Program Updates
8) Unfunded Priorities, Other Information and Funding Strategy Recommendations General Fund – FY 24/25 Revised Budget Summary
The operating budget is structurally balanced, meaning that the operating revenues are greater than or equal to operating or ongoing expenditures, and the one-time expenditures are supported by one-time revenue sources. The revised FY 24/25 Budget is projecting net operating revenues at $1.7 million. Total ongoing revenues are projected at $49.9 million in FY 24/25. Total ongoing expenditures are projected at $52 million in FY 24/25, and oneDRAFT 69 of 289 Meeting Date: May 21, 2024

time expenditures at $4.2 million. One-time expenditures are recommended to be supported by fund balance and capital equipment reserves to replace certain vehicles and equipment. The overall revised budget results in a negative net change to fund balance of $(2.5) million for a total of $16 million. These one-time expenditures are further summarized in Table 3.

Table 2 below summarizes the total revised budget compared to the current FY 23/24 budget and original FY 24/25 budget and includes one-time expenditures in the totals.

Table 2 – FY 24/25 Revised Proposed Budget
Note: Revised FY 24/25 estimates subject to change before adoption

Revenue growth is primarily due to higher than anticipated sales tax and transient occupancy tax (TOT) receipts. Expenditure increases are due to cost adjustments related to salaries and benefits and recent MOU, new personnel requests, adjusting for the police services contract, and one-time General Fund support to critical capital projects. One-time expenditures are matched by either one-time revenue sources, such as use of fund balance, which is further explained in Table 3.

Table 3 breaks down the total proposed budget and shows net operating revenue, which is derived from the ongoing revenues and expenditures and removes the one-time expenditures. The net operating revenue is an indicator of the City’s ability to take on debt, support ongoing programs and future cost increases. While the City has a positive net operating revenue, the City continues to operate with very lean staffing levels and has various ongoing unfunded priorities, projects, programs and deferred maintenance items.

Some of the major one-time expenditures include contract services to augment staff as vacancies exist or special projects in the operating budget. In addition, significant amounts from the General Fund continue to be programmed towards capital improvement projects and deferred maintenance items. In upcoming fiscal year there is limited capacity to finance any debt, as ongoing net operating revenues will still be needed to demonstrate debt service coverage and capacity. To create capacity for debt with current revenue sources, significant reductions in expenditures would need to be made on a 10-20 year basis or evaluating other cost containment strategies such as renegotiating contracts, re-prioritizing expenditures, debt financing projects with other eligible revenue sources such as with transportation revenues to free up the General Fund. Staff is currently in process of evaluating the capacity of the General Fund and other sources with its municipal advisor and putting together key members of its financing team and will bring back more information at a future date.

Total General Fund Budget
2023/24
Current
2024/25
Adopted
2024/25
Adopted
Revised
Beginning Fund Balance $ 39,539,560 $ 18,587,098 $ 18,587,098 Operating Revenues 45,420,572 48,410,809 49,920,959
Operating Expenditures 66,373,034 50,498,580 52,447,540 Net Change to Fund Balance (20,952,462) (2,087,771) (2,526,581) Ending Fund Balance $ 18,587,098 $ 16,499,327 $ 16,060,517 DRAFT 70 of 289
Meeting Date: May 21, 2024

One of the major expenditure items ending next fiscal year is the $776,000 annual settlement payment that the city has been paying the last 7 years. Based on current projections, those available funds won’t likely be realized until FY 26/27. However, it is important to note that can change instantly, should the City add new personnel, increase program funding for other priorities such as gap funding capital projects or other deferred maintenance items, or increase contributions to other programs that are dependent on special revenue funds.

Table 3 - FY 24/25 Revised Proposed Operating Budget
Note: Revised FY 24/25 estimates subject to change before adoption General Fund – FY 24/25 Revised Revenue Assumptions
Based on actual and trending revenue data experienced in FY 23/24 and discussions with the City’s tax consultants, staff revised estimates for the General Fund in FY 24/25 are currently projected to reach approximately $49.9 million, a net increase of approximately $1.5 million or 3%, compared to the original FY 24/25 budget assumptions. This increase is largely driven by the City’s property tax revenues, building and permit activity, and investment income.

General Operating Budget Summary
2024/25
Year-End
Projection
Beginning Fund Balance $ 18,587,098
Operating Revenues 49,920,959
Operating Expenditures 45,710,340
Net Operating Revenues 4,210,619
One-Time Revenue Sources:

Capital Equipment Replacement Reserve 110,000
Building Maintenance/Public Facilities 55,000
Risk Management 35,000
Litigation Defense 200,000
Unassigned Fund Balance 6,337,200
Total One-Time Revenue Sources $ 6,737,200
One-time Expenditures:

Supplies and Services 3,849,300
Vehicles and Equipment 110,000
DOF/RDA Settlement 776,000
CIP Funding 2,001,900
Total One-Time Expenditures $ 6,737,200
Net Change to Fund Balance $ (2,526,581)
Ending Fund Balance $ 16,060,517
DRAFT 71 of 289
Meeting Date: May 21, 2024

However, it should be noted that staff had to reduce cannabis tax revenues down by 45%, from $1.14 million to $630,000 This decrease is based on adjustments made in FY 23/24, where shortly after budget adoption, staff learned one of its major tax contributors had gone under receivership. The $630,000 estimate is based on current FY 23/24 revenue activity and has appeared to be somewhat stabilized. This revenue category remains extremely volatile, as it is a new revenue source and faces increasing competition with nearby jurisdictions, and market saturation statewide. Cannabis revenues will continue to be monitored and analyzed and adjustments may be recommended in the future. Staff’s assumption is not factoring any new or changes to cannabis business.

In efforts to mitigate other potential revenue losses and taking into consideration ongoing volatility and uncertainty of economic impacts, staff continues to make conversative revenue assumptions based on data, past experiences, and information available. Staff will continue to monitor economic conditions and work with our consultants to update revenue projections and assumptions, as necessary. Should revenues fall short, the City has the contingency reserve to temporarily fall back on, and allow time to make adjustments to expenditures if necessary.

The following table summarizes the City’s General Fund Revenues by major category. The dollar and percent change to the budget compares the revised and original estimates for FY 24/25.

Table 4 – Summary of General Fund Revenues by Major Category Figure 1 provides a ten-year trend of the City’s General Fund revenues.

Revenues by Category
FY 2022/23
Actuals
FY 2023/24
Current
FY 2024/25
Original
FY 2024/25
Revised
$ Change to
Budget
% Change to
Budget
Property Tax $ 9,332,590 $ 9,428,714 $ 9,259,600 $ 9,793,500 $ 533,900 5.8% Sales Tax 8,726,058 8,702,900 8,950,400 9,026,800 76,400 0.9% Transaction and Use Tax 5,300,000 - 10,600,000 11,000,000 400,000 3.8% Transient Occupancy Tax 13,884,890 13,400,000 13,800,000 13,800,000 - 0.0% Cannabis Tax 1,021,742 630,000 1,140,000 630,000 (510,000) -44.7% Franchise Fees 1,636,443 1,601,000 1,637,700 1,681,050 43,350 2.6% License & Service
Charges 2,120,862 2,270,800 2,037,300 2,279,000 241,700 11.9% Fines and Penalties 170,039 182,000 125,000 166,500 41,500 33.2% Investment Income 996,093 1,510,000 463,100 1,030,000 566,900 122.4% Reimbursements 314,505 333,000 312,000 342,900 30,900 9.9% Other Revenues 125,585 2,011,449 35,000 120,500 85,500 244.3% Transfers In 28,558 50,709 50,709 50,709 - 0.0%
Total Revenues $ 38,357,365 $ 45,420,572 $ 48,410,809 $ 49,920,959 $ 1,510,150 3.0% Other Financing Sources - - - - - - Total Revenues and
Other Financing
Sources
DRAFT
$ 38,357,365 $ 45,420,572 $ 48,410,809 $ 49,920,959 $ 1,510,150 3.0% 72 of 289
Meeting Date: May 21, 2024

Figure 1 - 10 Year Trend General Fund Revenues

Below is a detailed discussion and analysis of the General Fund’s major revenue sources.

Property Tax
The property tax category is composed of three payment types: (1) the “Traditional” Property Tax, which is received in large part during the months of December and April, (2) the Property Tax in Lieu of Motor Vehicle License Fees (MVLF), which is received in two payments during January and May, and (3) the monthly Documentary Transfer Tax revenues. Property taxes that are subject to AB 8, which are the taxes subject to the basic 1% tax levy of assessed valuation, are shared equally (50%) with the County of Santa Barbara, per the RNA. The amount shared with the County is estimated at approximately $4.0 million for FY 24/25.

Property Tax is the General Fund’s most stable revenue source and is projected to be $9.8 million for FY 24/25. Due to the way taxable property is assessed, due and paid, property tax revenues are slow to respond to changes in economic conditions. The property tax the City will receive for FY 24/25 is based on the lien date of January 1, 2024. Additionally, the City is part of the teeter plan, which does not experience property tax payment delinquencies. Under a teeter plan, each participating agency receives 100% of the amount of uncollected taxes, in the same manner had it been collected. In return, the County receives and retains delinquent payments, penalties, and interest. The teeter plan remains in effect unless the County orders its discontinuance, or prior to the commencement of any subsequent fiscal year the County receives a petition for its discontinuance adopted by resolution of two-thirds of the participating revenue districts in the County. There has been no indication the County plans to end this plan.

The City receives Documentary Transfer Tax in the amount of 55 cents per $1,000 of assessed valuation where there is a change in ownership that qualifies. For FY 24/25 staff did not revise its projection of $150,000 in documentary transfer tax, after coming off historic annual highs in the last two fiscal years above $300,000. During the pandemic, the City $24.6M $26.0M $27.5M $30.0M $28.7M $31.0M
$37.6M $38.4M
$45.4M
$49.9M
5% 6% 6% 9%
-4%
8%
21%
2%
18% 10%
-20%
30%
80%
130%
-$5M
$5M
$15M
$25M
$35M
$45M
$55M MILLIONS
General Fund Revenues
Total General Fund % Change from Prior Year (General Fund) DRAFT 73 of 289
Meeting Date: May 21, 2024

experienced higher than usual documentary transfer tax due to the low mortgage rate environment. As inventory remains low and rates remain elevated, staff anticipates a continued slowdown in property transfers. Staff will continue to monitor documentary transfer tax activity and may revise projections once additional information is known.

There are three primary factors that determine the annual change in property tax revenue for the City:
1) Inflation (Based on the California Consumer Price Index – CCPI): All properties not reduced by Proposition 8 are subject to a maximum CCPI increase of 2% annually as established by Proposition 13. The CCPI for FY 24/25 was 3.5%. For FY 24/25 the County Assessor will be applying the max 2.00% increase to these properties.

The assessed value estimate of the CPI is approximately $303.9 million. 2) Transfer of Ownership (Sale of property to new owner): For those properties that have sold between January and December 2023, the increase in value has been factored into the property tax revenue calculation. The transfer of ownership assessed value change was approximately $220 million.
3) Proposition 8 Recapture (Additional increase in assessed property value):

Proposition 8 allows for properties that have experienced a decrease in value due to a downturn in the housing market to have the value used in the calculation of their property tax be temporarily adjusted at the current market price. As home values recover, properties that received this relief can experience an annual increase in assessed value at a rate greater than the 2% CCPI limit described above. This recapture in assessed value accounted for at approximately $39.6 million.

Figure 2 below provides a ten-year trend of the City’s property tax revenues:

Figure 2 – 10-Year Trend Property Tax Revenues
$6.0M $6.3M $6.9M $7.4M $7.7M $8.2M $8.7M $9.3M $9.4M $9.8M 9% 5% 10% 7% 3% 7% 5% 8% 1% 4%
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Property Tax Revenues
Property Tax Revenues Change from Prior Year
DRAFT 74 of 289
Meeting Date: May 21, 2024

Sales Tax
Sales tax collections is normally the third largest revenue source for the City and is projected to slightly surpass property tax this fiscal year and be the second largest revenue source, at 18.5% of total General Fund revenues. It is considered one of the most volatile revenue sources given the dependency on consumer behavior and business activity. Unlike most cities, Goleta does not receive its full 1% sales tax allocation of the 7.75% sales tax rate. The City shares 30% of the 1% Sales Tax revenue normally allocated to cities with the County of Santa Barbara, per the RNA. The amount projected to be shared in FY 24/25 is approximately $3.6 million.

The City’s sales tax base is generated from eight main industry categories, The percentage share by the eight major industry groups for the City is seen in the pie chart below:

Figure 3 - Sales Tax by Major Industry Groups
Revised sales tax revenues are projected to reach $9 million in FY 24/25. This is $323,900 or 3.7% higher than original FY 24/25 estimates. Figure 4 provides a ten-year trend of the City’s sales tax revenues:

Autos and
Transportation
11%
Building and
Construction
12%
Business and
Industry
12%
Food and Drugs
6%
Fuel and Service
Stations
6%
General Consumer Goods
22%
Restaurants and Hotels
12%
State and County Pools
19%
DRAFT 75 of 289
Meeting Date: May 21, 2024

Figure 4 – 10-Year Trend Sales Tax Revenues
Transaction and Use Tax (TUT)
The new 1% TUT measure will be effective January 1, 2024, and is anticipated to bring in $5.3 million in FY 2023/24. Staff will monitor activity levels and should start reporting preliminary numbers in the Q3 financial review in May 2024. Based on recent discussions with our tax consultants, actual economic data on performance will not be known for FY 23/24 until September. In addition, FY 24/25 will be the first full fiscal year of experiencing this tax, so performance for the different quarters will be learned this fiscal year. It won’t be until a full fiscal year of tax data will we start to learn of its expected or anticipated performance. Current projections are based off the 1% Bradley-Burns sales tax with economic adjustments. At this time, staff and consultants are projecting approximately $11 million. Additional information will be shared at future financial reviews.

Transient Occupancy Tax (TOT)
TOT is the most volatile revenue source, as was experienced during the COVID-19 pandemic. For FY 24/25 staff assumptions include steady Average Daily Rates (ADR) and are slightly below historic highs. Projections assume that nine hotels will remain operating in the future fiscal years, and no major changes will occur in the overall supply and demand of rooms in Goleta. With Super 8 transitioning to permanent housing in FY 22/23, the supply of hotel rooms was reduced by 65, for a total estimated supply of 1,306.

The original FY 24/25 budget had TOT revenues at $13.8 million. Current trending data is showing TOT revenues could reach a range of $13.9 million to $14.0 million but given uncertainties with continued inflationary factors and economic conditions, staff is projecting conservative estimates, should there be any potential impacts on travel. Staff will continue to monitor hotel revenue activity and may make a recommendation for an adjustment in the first quarter.
$6.2M $6.5M $6.4M $7.0M $6.7M
$7.6M
$8.6M $8.7M $8.7M $9.0M
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13% 13%
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Sales Tax Revenues
Sales Tax Revenues Change from Prior Year
DRAFT 76 of 289
Meeting Date: May 21, 2024

It is still unknown how demand for leisure and business travel will be impacted, specifically with the drive market with higher gas prices or increased lodging rates. Additionally, other unknown factors that add uncertainty and volatility include ongoing recessionary impacts and the effects fiscal and monetary policy intervention may have on travel behavior and hotel activity. For these reasons, staff continues to estimate TOT revenues conservatively.

In the event of a recession, it is unlikely that it could be modeled using one of the past three downturns. If staff were to model after the Great Recession, there were two consecutive periods of declines experienced in FY 08/09 and FY 09/10 of 12% and 13%, and a rebound in FY 10/11. However, during those same periods of decline, other notable events were experienced such as the Gap Fire, Tea Fire, and Jesusita Fire, which increased demand for hotel rooms. Should revenues fall short, the City has the contingency reserve to serve as an immediate revenue stabilizer to temporarily fall back on. Overall, TOT revenues are estimated to be at $13.4 million in FY 23/24 and $13.8 million in FY 24/25. Staff will continue to monitor revenue and economic trends and will provide updates accordingly.

It should be noted that the City modified and updated its short-term rental ordinance in FY 23/24, and has continued work with the major online rental platforms for implementation the last few months. While additional TOT revenues have been collected, they remain volatile, as short-term rental activity is not as consistent as hotels. Staff plans to have an update in this category during the budget workshop as more information becomes available.

Figure 5 provides a ten-year trend of the City’s TOT revenues:

Figure 5 – 10-Year Trend Transient Occupancy Tax Revenues Cannabis Business Tax
On November 6, 2018, the voters passed Measure Z2018, establishing a tax on cannabis business operations within the City of Goleta. The passing of this ballot measure subjects $8.2M $8.6M
$10.1M
$11.6M
$9.2M $9.2M
$14.3M $13.9M $13.4M $13.8M
5% 5%
17% 14%
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0%
55%
-3% -3% 3%
-30%
-10%
10%
30%
50%
70%
90%
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130%
150%
$0M
$2M
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$6M
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$10M
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$14M
Hotel Tax Revenues
TOT Revenue Change from Prior Year
DRAFT 77 of 289
Meeting Date: May 21, 2024

cannabis businesses to taxation on gross receipts of cannabis based on classifications up to a maximum of 10 percent. Initial rates were established when passing and codified as Chapter 3.08 into the Goleta Municipal Code. On December 5, 2023, the City Council approved Ordinance No. 23-12, which changed the medical cannabis retail rate from 0% to 5% and will be effective in January 2024. The cannabis tax rates are seen in Table 5:

Table 5 – Current Cannabis Tax Rates
At the time of writing this report, the City of Goleta currently has 12 active licenses, with ten operators now reporting cannabis business tax revenues.

Table 6 – Cannabis Business License Application Summary Cannabis Business Classification Activities Taxed Tax Rate Non-Medical Cannabis Retail Gross Receipts 5%
Medical Cannabis Retail*
*Starting January 2024, tax rate will be 5% Gross Receipts 5% Processing/Manufacturing Gross Receipts 2%
Cultivation Gross Receipts 4%
Distribution/Transport Gross Receipts 1%
Testing Gross Receipts 0%
Nurseries Gross Receipts 1%
Maximum Tax Limit Gross Receipts 10%
Maximum Cap for Multiple Operations Gross Receipts 10%
# Status Business Application Name Location Primary License Type Other Uses or Notes Paying Tax? 1 Approved CalGreen
(Legal Non-Conforming)
164 Aero Camino Storefront Retail Yes
2 Approved Santa Barbara Care Center
(Legal Non-Conforming)
5814 Gaviota Street Microbusiness Storefront Retail
Cultivation
Distribution
Yes
3 Approved Organic Greens Collective
(Legal Non-Conforming)
5902 Daley Street Storefront Retail Yes
4 Approved Green Rush Alliances LLC 6332 Lindmar Ave Manufacturing Distribution Yes 5 Approved Greenbridge Patient Collective 5940 Matthews St Microbusiness Distribution Manufacturing
Non-Storefront Retail (Delivery)
Yes
6 Approved Twisted Roots, Inc
(previously Sublime Processing, LLC)
123 Aero Camino Unit A Microbusiness Manufactuer
Distribution
Non-Storefront Retail (Delivery)
Yes
7 Approved Thornwood Distribution LLC 5756 Thornwood Drive Cultivation (Processor) Nursery Yes 8 Approved One Plant 290 Storke Road Storefront Retail Yes 9 Approved Firefly Delivery, LLC 5775 Dawson Ave Non-Store Front Retail (Delivery)
Delivery only Yes
10 Approved AGQ Green Nature 859 Ward Drive. Suite 103 Testing Testing facility only No 11 Approved Hollister Distribution, Inc. 5631 Calle Real Storefront Retail License issued, not operating yet
No
12 Approved Megan's Organic Market 5999 Hollister Storefront Retail License issued Yes 13 No longer
operating
Ocean Grown Farms 176 Aero Camino Microbusiness Distribution Manufacuring
Non-Storefront Retail (Delivery)
No
14 No longer
operating
HERBL 759 Ward Drive Distribution Went under receivership. No longer operating
No
15 No longer
operating
HERBL 839 Ward Drive Distribution Went under receivership. No longer operating
No
16 No longer
operating
HERBL 749 Ward Drive Distribution Went under receivership. No longer operating
DRAFT
No
78 of 289
Meeting Date: May 21, 2024

Currently, there are no pending applicants that the staff is aware of. Staff has been working with cannabis operators through the annual renewal process since early January. In addition, staff has been working with cannabis operators on the updated ordinance changes the City Council adopted on December 5, 2023, that go into effect in January. As a recap, this ordinance changed the medical cannabis retail rate from zero percent of gross receipts to five percent of gross receipts. The ordinance further clarifies definitions, license types, and application processes and includes updated sections for a change in ownership and a change in premises. The ordinance further streamlines the application process, removing the social security card requirement and updating the criminal background check requirements. The proposed ordinance also modifies the general liability insurance requirement to require $1 million per occurrence and $2 million per aggregate and changes the business hours of operations for both storefront retailers and non-storefront retailers (delivery) to now occur from 6:00 a.m. to 10:00 p.m. These updates will give the current operators more flexibility in terms of the operations of their business and streamline some of the processes.

Cannabis tax revenues continue to experience ongoing volatility and uncertainty. During adoption of the Two-Year Budget Plan in June 2023, staff made budget estimates at $1.4 million for FY 24/25. These assumptions at the time were based on current licensed operators, prior quarters’ tax data and assumptions based on data provided by the recently licensed operators. Figure 6 provides a four-year trend of the City’s cannabis tax revenues.

Figure 6 - Cannabis Business Tax Revenues (Since Inception) $0.4M
$2.1M
$1.7M
$1.0M
$0.6M $0.6M
$0.0M
$0.5M
$1.0M
$1.5M
$2.0M
$2.5M
$3.0M
$3.5M
$4.0M
FY 19/20
Actual
FY 20/21
Actual
FY 21/22
Actual
FY 22/23
Actual
FY 23/24
Est. Actual
FY 24/25
Budget MILLIONS
Cannabis Business Tax Revenues
DRAFT 79 of 289
Meeting Date: May 21, 2024

Franchise Fees
The City collects Franchise Fees from four main service providers (Cable, Electric, Gas, Solid Waste). Each provider of these services has a different payment schedule. Electric and Gas providers make annual payments in April. The Cable provider is on a quarterly payment plan, while Solid Waste fees are collected monthly.

Franchise Fees are still under review and are currently projected to remain flat in FY 24/25 at $1.7 million. The main revenue adjustment is to solid waste to account for CPI increases.

The other three main categories are still being analyzed for actual activity experienced through FY 24/25, and rate increase impacts with electricity.

Licenses and Service Charges
This revenue category reflects user fees and charges as they relate to business license processing, planning, and building permit fees, staff time charges related to development activity, and library management service charges. Staff has reviewed each category and discussed activity levels anticipated in FY 24/25. Overall revenues are currently projected to be $2.3 million in FY 24/25. Staff may provide updated estimates depending on actual activity level experienced by Q3 of FY 23/24.

Other General Fund Revenues
Other revenue categories in the General Fund include Fines and Penalties, Interest and Rent Income, Reimbursements, Miscellaneous Other Revenues, and Transfers-In from Other Funds. Each revenue category and line item has been reviewed for anticipated activity levels for the upcoming fiscal year.

General Fund – FY 24/25 Revised Expenditure Assumptions Overview
The total proposed revised budget for FY 24/25 is $52 million. When excluding one-time expenditures for special projects, equipment and vehicle replacement, and General Fund support for projects in the CIP, the adjusted operating budget for FY 24/25 is projected to be $48 million. In comparison to the original FY 24/25 budget of $50.5 million, this represents an increase of $1.9 million or 3.9%. The increase is primarily driven in the operating budget (supplies and services) such as adjusting for the police services contract, new IT services contract, and other contracts such as with splash pad maintenance. Other cost increases are related to labor and benefit costs, including factoring in the recent fouryear MOU, new positions added during FY 23/24, adjusting for the police services contract, and new IT services provider anticipated in FY 24/25. At this time, staff is recommending various personnel changes, which includes the following, 1 new FTE Project Manager position in General Services and reclassifying the 0.5 FTE Management Analyst position that was added during Q2 in Public Works Environmental Services to a 1.0 FTE Project Manager position. These personnel changes are discussed further below under the Recommended Personnel Changes section.

DRAFT 80 of 289
Meeting Date: May 21, 2024

The FY 24/25 operating budgets have been updated and revised to reflect increases in labor costs, contract services and supplies. They also factor in new personnel that was added or changed during FY 23/24. Staff is still finalizing cost estimates and impacts from the MOU and any other personnel changes. Numbers are expected to adjust before final budget adoption. Table 8 summarizes the proposed expenditure budget by department comparing the original and the revised budget for FY 24/25.

Table 8 – Summary of Expenditures by Department
Note: Revised FY 24/25 estimates subject to change before adoption Table 9 summarizes General Fund expenditures by three major categories.

Table 9 – Summary of Expenditures by Major Category
Note: Revised FY 24/25 estimates subject to change before adoption

A detailed analysis highlighting the proposed budget assumptions that were used to prepare the General Fund expenditures for FY 24/25 follows below.

Department FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
General Government 6,782,746 7,125,140 342,394 5.0%
General Services 3,352,800 3,789,400 436,600 13.0%
Library 806,200 1,004,500 198,300 24.6%
Finance 1,957,600 2,069,100 111,500 5.7%
Planning & Env. Review 5,224,600 5,570,800 346,200 6.6% Public works 14,977,900 15,098,200 120,300 0.8%
Neighborhood Services 3,277,400 3,345,500 68,100 2.1%
Public Safety 10,911,334 11,548,800 637,466 5.8%
Non-Departmental 873,000 894,200 21,200 2.4%
Capital Improvement Programs 2,335,000 2,001,900 (333,100) -14.3% Total $ 50,498,580 $ 52,447,540 $ 1,948,960 3.9%
Expenditures by
Category
FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
Salaries & Benefits 16,532,100 17,118,900 586,800 3.5%
Operating 30,029,580 32,417,740 2,388,160 8.0%
Capital 2,372,500 2,102,700 (269,800) -11.4%
Transfers 1,564,400 808,200 (756,200) -48.3%
Total $ 50,498,580 $ 52,447,540 $ 1,948,960 3.9%
DRAFT 81 of 289
Meeting Date: May 21, 2024

Personnel Changes
The adopted FY 2023/24 budget projected total citywide salaries and benefits at $18.4 million (all funds), which assumed 4% cost-of-living adjustments and no vacancies. Since budget adoption, various personnel updates were approved throughout the fiscal year, including the following:
 Reclassification of Senior Management Analyst to Public Works Business and Administration Manager
 Reclassification of Library Director (grandfathered class) to City Librarian  Added 0.5 FTE Recreation Technician
 Added 0.5 FTE Management Analyst
 Reclassification of Management Analyst to Senior Management Analyst For FY 2024/25, original budget projections for total citywide salaries and benefits were projected at approximately $19.4 million (all funds) , which also assumed a 4% cost of living adjustment and full staffing levels. When factoring in the approved adjustments, total costs are now projected at approximately $20.0 million (all funds), an approximate 3.1% or $600,000 increase. Staff are still working on fine-tuning the personnel budget costs during the mid-cycle budget process, and final numbers will be recommended as part of the midcycle update in June.

Future year's costs for FY 2025/26 and FY 2026/27 are anticipated to increase 3-4% year over year and will be programmed in the budget accordingly. Due to the potential maximum increase, staff will continue to assume 4% cost of living adjustments. It should be noted that all cost projections can significantly change if future new positions are added or the reclassification of existing positions to higher grades. The estimated numbers are based on current information known at the time of preparing this report.

As part of the Annual Work Program and budget process, departments evaluated their ongoing work efforts and responsibilities, upcoming programs and projects and Council priorities while analyzing their staff capacity. As part of the analysis, various departments continue to identify ongoing staff deficiencies which present constraints in keeping up with current priorities and result in delays and a growing backlog of tasks and special projects.

In order to keep up with current responsibilities and help mitigate ongoing workload impacts, the City Manager and staff have reviewed the requests and have determined there is a critical need for the following recommended positions:
 New 1.0 FTE Project Manager in General Services (funded by General Fund, and may be offset by project grants)
 Reclassification of 0.5 FTE Management Analyst to 1.0 FTE Project Manager in Public Works – Environmental Services (funded by Solid Waste Funds)
 There are also Library positions currently being evaluated for reclassification to adjust with the recent MOU and market study and will be included at the time of the workshop. This includes reclassifying the DRAFT
Library Assistant I/II to just Library Assistants and the Senior Library 82 of 289
Meeting Date: May 21, 2024

Technician positions that supervise the Buellton and Solvang branch libraries to Supervising Library Technicians.

The overall annualized cost increase is estimated at approximately $200,000, with the impact to the General Fund currently estimated at $172,000 in FY 24/25.

Summary of Proposed Budgets by Department
Note: Revised FY 24/25 estimates subject to change before adoption The following section summarizes the revised proposed budgets for each Department and highlights major divisions/programs within the department. Budgets have been adjusted to reflect work program items if applicable and compared against original estimates.

Additionally, all salaries and benefits have been adjusted accordingly and will decrease or increase depending on filled vacancies projected at higher or lower estimates. Additional details can be found in the line-item details provided in Attachment 1. It should be noted that while this section primarily covers the General Fund, some of the departments’ divisions and programs rely on special revenue funds for operations. This includes the Library and in Public Works this includes Street Lighting, Street Maintenance, and Solid Waste. In an effort to keep budget analysis organized, information about the special revenue funds has been included.

General Government
Table 10 summarizes the major divisions within General Government and the revised proposed budgets for each department, followed by a description of updates.

Table 10 – General Government Expenditure Summary
City Council (1100): The revised budget for FY 24/25 is proposed at $440,900, an overall net decrease of $(33,420) or -7%. Budget updates include a modification to salaries and benefits resulting in an overall net decrease of $(33,500). This was due to a higher assumption that was previously anticipated in the change of the nonfamily median income in Goleta. Staff’s assumption currently includes a 5% increase on current rates but will know actual change when numbers are released by the Census in December. The supplies and services budget has been increased by $80 to reflect a 3% CPI adjustment with BEACON membership.

City Manager (1200): The revised budget for FY 24/25 is proposed at $2.2 million, which is an overall net decrease of $(9,936) or –0.5%. Budget updates include a modification to General Government FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
City Council 474,320 440,900 (33,420) -7.0%
City Manager 2,168,826 2,158,890 (9,936) -0.5%
City Clerk 806,200 859,100 52,900 6.6%
Support Services 200,400 203,000 2,600 1.3%
City Attorney 1,084,800 1,192,100 107,300 9.9%
Community Relations 623,600 724,000 100,400 16.1%
Human Resources/Risk Management 1,424,600 1,547,150 122,550 8.6% Total $ 6,782,746 $ 7,125,140 $ 342,394 5.0%
DRAFT 83 of 289
Meeting Date: May 21, 2024

salaries and benefits resulting in an overall net increase of $33,400. The supplies and services budget has been decreased by $(43,336) to reflect an increase in conferences, meetings, and travel and a decrease in professional services related to special studies as needed.

City Clerk (1300): The revised budget for FY 24/25 is proposed at $859,100, which is an overall net increase of $52,900 or 6.6%. Changes to the budget include a modification to salaries and benefits for $25,900 and supplies and services of $47,000 for interpretation services, Title 17 amendment increases, A/V equipment maintenance, and ethics training that is no longer provided by the State.

Support Services (1310): The overall budget for FY 24/25 is proposed at $200,400. The FY24/25 change of $2,600 relates to the modification of salaries and benefits.

City Attorney (1400): The revised budget for FY 24/25 is proposed at $1,192,100, which is an overall net increase of $107,300 or 9.9%. Changes to the budget include a modification to salaries and benefits for $20,500 and supplies and services of $86,800 for litigation increases, monthly retainer fee increases, and assumes a 3.5% CPI adjustment.

The actual CPI is tied to the annual May CPI change, which gets released in June. Staff may have a true-up adjustment during first quarter when actual information is known.

Community Relations (1500): The revised budget for FY 24/25 is proposed at $724,000, which is an overall net increase of $100,400 or 16.1%. Budget updates include a modification to salaries and benefits resulting in an overall net increase of $43,700. The supplies and services budget has been increased by $56,700. Special department supplies increased $3,700 to cover increasing event costs. Professional services increased by $53,000. This increase includes $12,000 for Graphic Designer for logos, A frames, and light post banners to cover existing and new campaigns requiring new graphics (i.e. GCC, Project Connect "Open for Business", District Elections, templates for presentations, etc). $2,500 interpretation services for events. $15,000 Video production services for English and Spanish. $13,500 for banner services inflation and storage costs. $10,000 for additional event services and supplies, including audio and visual services.

Human Resources/Risk Management (1600): The revised budget for FY 24/25 is proposed at $1.5 million, which is an overall net increase of $122,550 or 8.6%. Changes to the budget include a modification to salaries and benefits resulting in an overall net increase of $81,600, which includes adding $4,500 for tuition reimbursement. The supplies and services budget has been increased by $40,950. This includes increases due to inflation for Benefits Administrator for employee benefits enrollments and changes costs, ergonomic assessments costs, recruiting/pre-employment services costs, CJPIA, and CalPERS costs.

General Services
Table 11 summarizes the major divisions within General Services and the proposed budgets for each.

DRAFT
Table 11 – General Services Expenditure Summary
84 of 289
Meeting Date: May 21, 2024

Administration (1800): The revised budget for FY 24/25 is proposed at $831,600. which is an overall net increase of $63,300 or 8.2%. Changes to the budget include a modification to salaries and benefits resulting in an overall net increase of $67,700 and a decrease in supplies and services of $(6,900) for CJPIA Insurance reductions. In addition, there is an increase to furniture and fixtures of $2,500 for the requested new Project Manager position.

The annualized salary and benefits for the Project Manager position would be approximately $171,200 for FY 24/25. This position is requested to oversee projects within the General Services Department, primarily focusing on facility capital improvement and maintenance projects. In addition to managing these projects, the role will oversee other initiatives within the Department, including IT projects and other Citywide Initiatives.

Currently, the Department has seven programmed CIP’s valued at approximately $15 million. In addition to the current CIP’s, the Department is requesting to add two additional CIP’s mid-cycle 24/25 with a value of $15 million, resulting in $30 million of CIP’s over the next five years. Without additional project support, the Department faces the risk of being unable to carry out necessary improvement projects and strategic initiatives, potentially leading to the loss of grant funding and delays in addressing critical infrastructure needs.

Facilities Maintenance (1810): The revised budget for FY 24/25 is proposed at $1.7 million which is an overall net increase of $124,500 or 8.1%. Budget updates include a modification to salaries and benefits resulting in an overall net increase of $19,000. The supplies and services budget has been increased by $97,200, which included an increase to utilities to cover rate increases, higher building occupancy, and HVAC load as well as an increase to the Optony Contract for utility budgeting and rate classification. Capital Outlay furniture and fixtures was increased by $8,300 to cover the costs of the new requested position.

Information Technology (1820): The revised budget for FY 24/25 is proposed at $1.1 million which is an overall net increase of $198,800 or 22.3%. Budget updates include a modification to salaries and benefits resulting in an overall net decrease of $(1,500). The supplies and services budget has been increased by $200,300. The budget change is related to an increase in maintenance-software and subscriptions for new budget software, Incode TCM module, and Public Works requests for 3 BlueBeam, 3 Autocad, 3 Microsoft Project, 8 Power BI, 5 Visio, and 7 Adobe Illustrator. Professional Services IT Management increased by $118,000 to cover the estimated costs for the new IT Management contract.

Fleet Management (1830): The revised budget for FY 24/25 is proposed at $210,500. The Fleet Management program has absorbed all vehicle purchases, including operating and maintenance costs that were initially programmed in other departments, such as Public Works and Planning. Fleet Management will centralize all vehicle related costs and allow for oversight of City vehicles. The total vehicle acquisition budget is programmed at $45,000 General Services FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
General Services Administration 768,300 831,600 63,300 8.2% Facilities 1,532,300 1,656,800 124,500 8.1%
Information Technology 891,700 1,090,500 198,800 22.3%
Fleet 160,500 210,500 50,000 31.2%
Total $ 3,352,800 $ 3,789,400 $ 436,600 13.0%
DRAFT 85 of 289
Meeting Date: May 21, 2024

for one vehicle, replacement of the 2008 Ford Ranger (PW Vehicle 10) with a new lightduty pickup truck.

Purchase of new vehicles is supported by the Capital Equipment reserve, which currently has a balance of $791,653, and is adjusted annually by the annual depreciation expense.

Library
Note: Revised FY 24/25 estimates subject to change before adoption. After further discussion with Library staff, they are recommending reverting back to the original accounting method of direct fund programing, instead of utilizing transfers into one main library fund. This will help with increased transparency of funding sources. This is still a work in process and will be finalized by budget adoption.

The following two tables summarizes the Goleta Library’s proposed budget for the General Fund and Special Revenue Funds (County Per Capita, Measure L, Library DIF and Grants) Table 12 – Library Expenditure Summary – General Fund Transfers Table 13 – Library Expenditure Summary – All Funds
Library - Goleta (2100): The overall budget for FY 24/25 is proposed at $2.5 million. Most of the library funding is supported from the City’s special assessment, Measure L, and County Per Capita funding. The budget has been updated to reflect estimated costs, which include an increase in Salaries and Benefits to cover the Executive – Extra Help Retired Annuitant position until September 2024. In addition, the IT Monthly Management Service costs increased by $30,000, with the new service provider.

Library Services FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
Library Services 756,200 954,500 198,300 26.2%
Book Van 50,000 50,000 0.0% - Total $ 806,200 $ 1,004,500 $ 198,300 24.6% Library Services FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
Goleta Library Fund 83,700 (83,700) - 3.7%
General Fund 756,200 954,500 198,300 26%
County Per Capita 774,300 828,620 54,320 7%
Measure L 621,100 671,780 50,680 8%
Ciy Library DIF 132,100 1,000 (131,100) -99%
Misc Grants - - - 0%
California State Library Grant - - - 0%
Total $ 2,367,400 $ 2,455,900 $ 88,500 3.7%
DRAFT 86 of 289
Meeting Date: May 21, 2024

Table 14 – Library – Book Van Expenditure Summary – All Funds Library – Book Van (2110): The overall budget for FY 24/25 is proposed at $197,200, which includes transfers in from General Fund of $50,000 and $50,000 for Measure L. The budget includes Salaries and Benefits of $93,000 which consists of two part-time Library Assistants and two part-time Library Aides. Additionally, $4,200 covers the costs of Supplies and Services that the Goleta Library does not donate (Computer maintenance and upgrades, Book Van maintenance and fuel, etc). The funding for the book van is offset by Measure B – Category 4a funds, County per Capita funds, and Measure L funds.

Finance
Table 15 summarizes the revised proposed budget for the Finance Department, followed by a description of updates.

Table 15 - Finance Expenditure Summary
Finance (3100): The revised budget for FY 24/25 is proposed at $2.1 million, which is an overall net increase of $111,500 or 5.7%, which resulted from a modification to salaries and benefits and now being fully staffed since January 2024.

Planning and Environmental Review
Table 16 summarizes the major divisions within Planning and Environmental Review (PER) and the revised proposed budgets for each division, followed by a description of updates.

Book Van Services FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
Book Van Library Fund 49,200 (49,200) - -100.0%
General Fund Transfer 50,000 50,000 0.0%
County Per Capita 25,000 97,200 288.8% 72,200
Measure L 50,000 50,000 - 0.0%
Total $ 174,200 $ 197,200 $ 23,000 13.2%
Finance FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
Administration 1,957,600 2,069,100 111,500 5.7%
Total $ 1,957,600 $ 2,069,100 $ 111,500 5.7%
DRAFT 87 of 289
Meeting Date: May 21, 2024

Table 16 - Planning and Environmental Review Expenditure Summary Current Planning (4100): The revised budget for FY 24/25 is proposed at $2 million, an overall net increase of $67,600 or 3.4%. Budget updates include a modification to salaries and benefits resulting in an overall net increase of $42,100. The supplies and services budget has been increased by $24,000 and Capital Outlay increased by $1,500. These increases are related to the Historic Evaluation Services needed to support designation proposal to the HPC and City Council for listing on the HRI or as Landmark buildings as well as increased costs for Data Ticket Administrative Citation Services.

Building and Safety (4200): The revised budget for FY 24/25 is proposed at $894,200, an overall net increase of $297,600 or 49.9%. Budget updates include adjusting contract services for building and safety services, as actual expenditures are dependent upon building and safety permit activity. Costs are derived from the building and plan check fee revenues generated. Staff will monitor the activity and make possible adjustments at future financial quarterly reviews.

Advanced Planning (4300): The revised budget for FY 24/25 is proposed at $983,100, an overall net decrease of $(189,100) or -16.1%. Budget updates include a modification to salary and benefits and increasing supplies and services to cover a fully staffed department.

In addition, professional services decreased by $(150,000) for the deferment of Old Town Visioning.

PER Commissions (4400): The revised budget for FY 24/25 is proposed at $171,000, an overall net increase of $8,200 or 5%. Budget updates include a modification to salaries and benefits resulting in an overall net decrease of $1,800 and an increase of $10,000 for Meeting Stipends to cover the new stipend rates based on CC Reso 23-22.

Sustainability Program (4500): The revised budget for FY 24/25 is proposed at $468,500, an overall net increase of $90,500 or 23.9%. Budget updates include a modification to salary and benefits for $22,600 and a one-time recommended increase of $65,000 in machinery and equipment for the SCE Charge Ready EV Charger project, including PowerFlex contract.

Housing (4600): The revised budget for FY 24/25 is proposed at $487,600, an overall net increase of $10,200 or 2.1%. Budget updates include a modification to salary and benefits and an increase for AICP certification/higher dues.

Planning & Environmental Review FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
Current Planning 1,976,700 2,044,300 67,600 3.4%
Building & Safety 596,600 894,200 297,600 49.9%
Advanced Planning 1,172,200 983,100 (189,100) -16.1%
PER Commissions 162,800 171,000 8,200 5.0%
Sustainability Program 378,000 468,500 90,500 23.9%
Housing 477,400 487,600 10,200 2.1%
Administration 460,900 522,100 61,200 13.3%
Total $ 5,224,600 $ 5,570,800 $ 346,200 6.6%
DRAFT 88 of 289
Meeting Date: May 21, 2024

Administration (4700): The revised budget for FY 24/25 is proposed at $522,100, an overall net increase of $61,200 or 13.3%, which resulted from a modification to salary and benefits.

Public Works
Table 17 summarizes the major divisions within Public Works and the revised proposed budgets (General Fund only) for each division, followed by a description of updates.

Additional information on special revenue funds is discussed within the divisions.

Table 17 - Public Works Expenditure Summary (General Fund) Administration (5100): The revised budget for FY 24/25 is proposed at $1.2 million, an overall net decrease of $(12,600) or -1.1%. Budget updates include a modification to salary and benefits and a net increase of $5,300 in Supplies and Services for staff training needs for additional GIS costs.

Engineering (5200): The revised budget for FY 24/25 is proposed at $1.3 million, an overall net decrease of $(36,300) or -2.7%, which resulted from a modification to salary and benefits.

Facilities Maintenance (5300): The revised budget for FY 24/25 is proposed at $0. This budget previously accounted for one Facilities Maintenance Technician, as well as the maintenance budget for City owned facilities and has been transferred to General Services – Facilities. This program will eventually be phased out over time but is reported for historical values.

Parks and Open Space (5400): The revised budget for FY 24/25 is proposed at $3.5 million, an overall net increase of $218,300 or 6.7%. Budget updates include a modification to salary and benefits with the majority of the budget increases in Supplies and Services for storm related damages, replacement of wheel stops, restriping, Ellwood Parking Lot repair, parking restriction signage, Splash Pad maintenance at Jonny D. Wallis Park, and Lake Los Carneros Dam operators permit; annual permits for maintenance work in sensitive habitats.

Public Works FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
Administration 1,193,200 1,180,600 (12,600) -1.1%
Engineering Services 1,344,900 1,308,600 (36,300) -2.7% Facility Maintenance - - 0.0% - Parks & Open Space Maintenance 3,251,100 3,469,400 218,300 6.7% Capital Improvement Program 1,545,700 1,553,600 7,900 0.5% Street Lighting 37,800 39,500 1,700 4.5%
Traffic Operations & Maintenance 1,441,800 1,178,300 (263,500) -18.3% Street Maintenance 6,163,400 6,368,200 204,800 3.3%
Solid Waste & Environmental Services - - 0.0% - Total $ 14,977,900 $ 15,098,200 $ 120,300 0.8% DRAFT 89 of 289
Meeting Date: May 21, 2024

Capital Improvement Program (5500): The revised budget for FY 24/25 is proposed at $1.6 million, an overall net increase of $7,900 or 0.5%. Budget updates include a modification to salary and benefits for $5,200 and one-time supplies and services charges for public notice for no COP Projects and Programs, laser levels/wheels, etc. equipment for staff, and safety gear and to maintain expiration dates.

Street Lighting (5600): The revised budget (General Fund and Special Revenue Funds) for FY 24/25 is proposed at $980,000, an overall net increase of $441,700 or 82%. This includes $39,500 from the General Fund, to cover modification for salary and benefits and $940,500 from the Street Lighting Fund (Fund 502).

Street Lighting has historically been supported by its own special assessment accounted for in the Street Lighting Fund (Fund 502). The streetlight special assessment rates for the City were inherited from the County (County Service Area No. 3) when the City incorporated and are annually assessed. The rates do not have an inflation adjustment factor or other escalator; therefore, the rates levied each year cannot increase. The max base fee is $24, and then adjusted by a benefit factor for each parcel based on its land use type. The special assessment funds are restricted for use and costs to maintain the City’s street lighting infrastructure. The Street Lighting Fund (Fund 502) generates approximately $305,500 annually and the full amount is programmed to support the ongoing utility and maintenance costs. Any additional Street Lighting costs must either be supported by fund balance in the Street Lighting Fund, if available, or other revenue source such as the General Fund. In efforts to address the cost increases and ensure financial stability of the Street Lighting program, staff will be exploring possible rate adjustments in FY 25/26.

Traffic Operations and Maintenance (Traffic Lights) (5700):

The revised budget for FY 24/25 is proposed at $1.2 million. This includes $1.2 million from the General Fund and $100,000 from Measure A. The budget changes are related to the modification of salary and benefits and $60,000 for the holiday parade and other events in the City that require contract services (street barricade services, safety and traffic plan review services, etc.). A net decrease of approximately $(400,000) is the result of deferred projects that will be reevaluated in the future and truing up contracted amounts.

The Measure A fund tracks budget and costs related specifically to traffic operations and traffic signal maintenance, whereas Street Maintenance will account for all pavement rehabilitation, concrete repair, and sidewalks.

Street Maintenance (5800): The revised budget (General Fund and Special Revenue Funds) for FY 24/25 is proposed at $8.97 million, an overall net decrease of $(55,200) or -

0.6%. Table 18 summarizes the divisions total revised budget by fund.

DRAFT 90 of 289
Meeting Date: May 21, 2024

Table 18 - Public Works – Street Maintenance Summary – All Funds Budget updates include modification to salary and benefits for $42,100. Supplies and services increased by $162,700 to cover the costs of inflation and the contract for City Arborist and biologist for street tree maintenance, special projects, and PTAC. The decrease in Fund 201 and Fund 205 is the result of budget transferred to Capital Improvement Projects.

Within the $8.97 million Street Maintenance program budget of all funds, the following budget is programmed for Pavement Rehabilitation as summarized in Table 19 below.

Table 19 - Public Works – Pavement Rehabilitation – All Funds It is important to note that prior to the passing of the new 1 percent transaction and use tax revenue, the General Fund baseline amount used to be around $710,000. Since the passage of Measure B, Council has prioritized funding pavement maintenance, and the General Fund contribution is currently set at $4.06 million. Due to inflationary costs, current condition of roads and impacts of storm events, it is estimates that approximately an additional $7.1 million may be needed annually in the long term to reach PCI goals.

Solid Waste and Environmental Services (5900): The revised budget (Special Revenue Fund) for FY 24/25 is proposed at $2.6 million, an overall net increase of $659,900 or 35%.

Budget updates include a modification to salary and benefits and includes the addition of an part-time Intern. A part-time Intern is recommended to help with ongoing administrative support and increasing workload with implementing state mandates and programs. The recommended personnel changes result in an estimated $23,000 ongoing annualized salary and benefit cost.

Other budget updates include an increase of $572,000 for additional funding to comply with new regulatory orders and creeks and watershed management; New NPDES permit, New Trash Provision Order, watershed feasibility analysis, creek monitoring plan, and creek sampling program. In addition, staff is still evaluating the cost adjustments related to reclassifying the current vacant part-time 0.5 FTE Management Analyst position to 1.0 FTE Street Maintenance FY 24/25
Original
FY 24/25
Proposed
$
Change % Change
101 - General Fund 6,163,400 6,368,200 204,800 3.3%
201 - Gas Tax 916,000 876,000 (40,000) -4.4%
203 - SB 1 - RMRA 808,000 808,000 - 0.0%
205 - Measure A 1,140,000 920,000 (220,000) -19.3%
Total $ 9,027,400 $ 8,972,200 $ (55,200) -0.6%
Pavement Rehabilitation FY 24/25
Original
FY 24/25
Proposed
$
Change % Change
101 - General Fund 4,061,000 4,061,000 - 0.0%
201 - Gas Tax 876,000 876,000 - 0.0%
203 - SB 1 - RMRA 808,000 808,000 - 0.0%
205 - Measure A 300,000 300,000 - 0.0%
Total Pavement $ 6,045,000 $ 6,045,000 $ - 0.0%
DRAFT 91 of 289
Meeting Date: May 21, 2024

Project Manager. This reclassification is expected to be net neutral with adjustments to contract services.

The revised budget of $2.6 million has been reviewed and analyzed and determined that the Solid Waste Fund can support the recommended changes. The Solid Waste and Environmental Services budget is primarily supported by its own special revenue fund, Solid Waste Fund - Fund 211. The fund receives monthly program fee revenues that was set at 12% in FY 21/22 (previously 8%). The 12% monthly program fee is calculated on adjusted gross monthly revenues collected by MarBorg Industries in accordance with the franchise agreement. In the long term, staff will be evaluating future stormwater fees to ensure fiscal sustainability in addressing these upcoming mandates.

Neighborhood Services
Table 19 summarizes the major divisions within Neighborhood Services and the revised proposed budgets (General Fund only) for each division, followed by a description of updates. Additional information on special revenue funds is discussed within the divisions and can be found in the line-item detail budgets provided in Attachment 1.

Table 19 - Neighborhood Services Expenditure Summary
Neighborhood Services (6100): The revised budget for FY 24/25 is proposed at $1.09 million, an overall net increase of $20,200 or 1.9%. Budget updates include a modification to salary and benefits and reflect an overall net increase of $19,600 in salaries and benefits and an overall net increase of $600 in Supplies and Services.

Homelessness (6200): The revised budget for FY 24/25 is currently proposed at $866,400, an overall net increase of $8,500 or 1%. Budget updates include a modification to salary and benefits and an increase of 5% for the Rental Housing Mediation Program (City of SB) 3 Year contract.

Community Development Block Grant (6300): This program is supported by CDBG federal funding awarded to the City and is part of the City’s Grant Program. Budget is programmed accordingly and adjusted based on actual CDBG funding received.

Approximately, $45,907 is programmed for operating costs, sub-recipient allocations, and reimbursable administrative time. Any additional funds will be applied to CIP funding.

Economic Development (6400): The revised budget for FY 24/25 is proposed at $0. This program will eventually be phased out over time in Neighborhood Services but is reported Neighborhood Services FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
Neighborhood Services 1,067,200 1,087,400 20,200 1.9%
Homelessness 857,900 866,400 8,500 1.0%
Economic Development - - 0.0% - Parks & Recreation 844,100 883,500 39,400 4.7% Goleta Community Center 508,200 508,200 0.0% - Total $ 3,277,400 $ 3,345,500 $ 68,100 2.1% DRAFT 92 of 289
Meeting Date: May 21, 2024

for historical values. Economic Development is now under the City Manager’s Office and will have support from Neighborhood Services and the Finance Department.

Parks & Recreation (6500): The revised budget for FY 24/25 is proposed at $883,500, an overall net increase of $39,400 or 4.7%. Budget updates include a modification to salary and benefits of $39,200 and an increase in memberships and dues for additional staff membership to CPRS - California Parks & Rec Society.

Goleta Community Center (6510): The initial budget for FY 24/25 is proposed at $921,100, an overall net increase of $89,100 or 11%. This includes $508,200 from the General Fund and $363,000 from the Goleta Community Center. The salaries and benefits increased $64,100 with the addition of the new Recreation Technician position approved by Council on March 5, 2024 as well as the Custodian/Building Attendant hourly wage increases approved effective January 2024. The supplies and services increased $55,000 for the Termite fumigation of the Goleta Community Center campus. In addition, funding for Senior Programs decreased by $(30,000), which will be covered by the Recreation Technician position.

Public Safety
This division/program is now under the management of the City Manager’s Office as part of the recent reorganization.

Police Services (7100): The revised budget for FY 24/25 (General Fund and Special Revenue Funds) is proposed at $12.07 million, an overall net increase of $1.06 million or

9.7%. Police Services is the single largest General Fund ongoing program expense, and accounts for approximately 25% of the General Fund in FY 24/25. Table 20 summarizes the proposed budget for Public Safety:

Table 20 - Public Safety Expenditure Summary (All Funds) Budget updates are the result of finalizing the police services contract with the County of Santa Barbara Sheriff’s Office in September 2023, shortly after original budget adoption.

The new law enforcement services agreement is from July 1, 2023 through June 30, 2027.

The future cost of the contract is estimated to be adjusted by 5.28% through FY 26/27. The budget also includes one-time $6,000 for furniture and fixtures for sheriff personnel at City Hall.

Police Services FY 24/25
Original
FY 24/25
Proposed
$
Change % Change
101 - General Fund 10,911,334 11,548,800 637,466 5.8%
302 - COPS Grant 100,000 150,000 50,000 50.0%
Total $ 11,011,334 $ 11,698,800 $ 687,466 6.2%
DRAFT 93 of 289
Meeting Date: May 21, 2024

Figure 7 – Summary of Sheriff Contract Costs (Last 10 Years) Police Services are primarily supported by the General Fund with a small portion of approximately $150,000 from Citizens Option for Public Safety Fund (COPS 302). The COPS fund will allow for possible General Fund savings of $150,000 depending on the special revenue growth which is usually determined in the Fall of each year.

Non-Departmental
This Department accounts for divisions and programs that cannot be attributed specifically to other departments or reflect a function of government services. Items included are typically debt-service related payments, allocations for transfers to reserves, administrative charges, as well as City retiree obligations.

Table 21 summarizes the major divisions within Non-Departmental and the revised proposed budgets (General Fund only) for each division, followed by a description of updates. Additional information on special revenue funds is discussed within the divisions.

Full details can be found in the line-item detail budgets provided in Attachment 1.

Table 21 – Non-Department Expenditure Summary
Debt Service (8100): The revised budget for FY 24/25 (General Fund and Special Revenue Funds) is proposed at $859,200, an overall net increase of $6,200 or 0.7%. The debt service program budget accounts for ongoing OPEB health premiums, county administration fees for property tax collection and administration, and other charges that are not directly related to specific departments. This program budget also accounts for the annual DOF settlement payments of $776,000 through June 30, 2025. Per the settlement agreement, $776,000 will be budgeted each year until the end of FY 2024/25 and paid before June 30 of each fiscal year to the Auditor-Controller’s office. These funds are then $7.47 $7.65
$8.43 $7.82 $7.59 $7.50
$8.61 $9.32
$10.88
$11.68
$0.00
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
FY 15-16 FY 16-17 FY 17-18 FY 18-19 19/20 20/21 21/22 22/23 23-24 FY 24/25 MILLIONS Sheriff Contract Costs
Non-Departmental FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
Debt Service 853,000 859,200 6,200 0.7%
Non-Departmental 20,000 35,000 15,000 75.0%
Total
DRAFT
$ 873,000 $ 894,200 $ 21,200 2.4%
94 of 289
Meeting Date: May 21, 2024

redistributed to the affected taxing agencies. The City receives approximately 5% back as an affected entity, which results in approximately $38,800 in revenue back to the City.

OPEB health premiums are retiree health costs and currently estimated at $27,000 each year. Retiree health premiums may be adjusted based on the monthly employer contribution rates for the Public Employees’ Medial and Hospital Care Act (PEMHCA) minimum. The PEMHCA minimum is approximately $157 per month, per retiree for 2024, which is a 4.1% increase from the prior year. The PEMHCA minimum will then increase to $158 in 2025, an increase of 0.5%. Additionally, the Successor to RDA Fund (Fund 605) now shows the budgeted appropriations related to the Recognized Obligation Payments Schedule (ROPS) and reflects the FY24/25 Debt Schedule for refunded bond activity. Full details can be found in the line-item detail budgets provided in Attachment 1, Exhibit B.

Non-Departmental (8500): The non-departmental program accounts for credit card merchant fee pass-through and General Fund revenues transfers to other funds.

Capital Improvement Program (General Fund)
Table 22 summarizes the preliminary revised General Fund budget support to the CIP projects for FY 24/25. It should be noted that these numbers are still under review and may have updated numbers for the CIP Workshop and final proposed Budget in June.

Table 22 - Capital Improvement Program (General Fund) Expenditure Summary Note: Revised FY 24/25 estimates subject to change before adoption. The use of the General Fund is continuing to be evlauated, and may be adjusted if other funding sources become available.

The General Fund is utilized to provide gap funding or matching funds for grants when needed or when no other special revenue fund is available. At this time, approximately $2 million is proposed for active ongoing projects and includes funding for the Hollister Avenue Bridge Replacement, Goleta Train Depot and S. La Patera Improvements, Goleta General Fund - Capital Improvement
Program
FY 24/25
Original
FY 24/25
Proposed
$
Change
%
Change
9033-Hollister Avenue Bridge Replacement - 766,900 766,900 0.0% 9079-Goleta Train Depot and S. La Patera
Improvements 1,000,000 900,000 (100,000) -10.0%
9112-Ellwood Mesa/Sperling Preserve Open
Space Plan 200,000 (200,000) - -100.0%
9117-San Jose Creek Channel FishPassage Modification Project 750,000 (750,000) - -100.0% 9121-Goleta Community Center ADA
Improvements 135,000 135,000 - 0.0%
9127-Goleta Community Center Campus
Refresh 150,000 150,000 - 0.0%
9130-Goleta Valley Library ADA & Building
Refresh 50,000 (50,000) - -100.0%
9131-Historic Train Station Preservation 50,000 50,000 - 0.0% Total
DRAFT
$ 2,335,000 $ 2,001,900 $ (333,100) -14.3%
95 of 289
Meeting Date: May 21, 2024

Community Center ADA Improvements, Goleta Community Center Campus Refresh, and the Historic Train Station Preservation. There are also other unfunded critical priority projects that staff is currently evaluating debt financing that was discussed in detail at the CIP Budget Workshop on April 2, 2024. Staff is currently working with the municipal financial advisor and will be bringing back additional information at a future meeting date.

General Fund –Projected Fund Balance over the Next Five Years Note: Staff are currently evaluating all budgetary adjustments and fund balance calculations. Estimated numbers will be updated at the time of the workshop and finalized by June 2024 before adoption.

Table 23 provides a recap of estimated Fund Balance through FY 28/29. Estimated numbers will be finalized before budget adoption. Updated unaudited numbers will be provided in September and will affect the overall beginning fund balance.

Table 23 – Summary of Preliminary Projected Fund Balance General Fund
FY 23/24
Proposed
FY 24/25
Projected
FY 25/26
Projected
FY 26/27
Projected
FY 27/28
Projected
FY 28/29
Projected
Beginning Fund Balance $ 39,539,560 $ 18,587,098 $ 16,060,517 $ 14,915,587 $ 16,450,122 $ 18,069,032 Operating Revenues 45,420,572 49,920,959 51,400,170 52,809,820 54,281,750 55,798,220 Operating Expenditures 44,625,928 49,176,740 50,121,400 51,125,285 52,312,841 53,529,596 Net Operating Revenues 794,644 744,219 1,278,770 1,684,535 1,968,909 2,268,624 One-Time Revenues or Use
of Fund Balance 21,692,045 6,737,200 2,423,700 150,000 350,000 350,000 One-Time Expenditures 21,692,045 6,737,200 2,423,700 150,000 350,000 350,000 Total Expenditures 66,373,034 55,913,940 52,545,100 51,275,285 52,662,841 53,879,596 Net Change to Fund Balance $ (20,952,462) $ (5,992,981) $ (1,144,930) $ 1,534,535 $ 1,618,909 $ 1,918,624 Ending Fund Balance $ 18,587,098 $ 12,594,117 $ 14,915,587 $ 16,450,122 $ 18,069,032 $ 19,987,655 General Fund
FY 23/24
Proposed
FY 24/25
Projected
FY 25/26
Projected
FY 26/27
Projected
FY 27/28
Projected
FY 28/29
Projected
Fund Balance Categories
Prepaids and Deposits - - - - - - Public Facilities 756,993 701,993 701,993 701,993 701,993 701,993 Capital Equipment 791,653 556,653 556,653 556,653 556,653 556,653 Compensated Leave 428,625 428,625 428,625 428,625 428,625 428,625 Risk Management 200,000 165,000 165,000 165,000 165,000 165,000 Litigation Defense 600,000 400,000 400,000 400,000 400,000 400,000 Contingency 12,828,740 13,587,287 13,655,089 13,986,371 14,378,264 14,779,794 City Hall Solar Removal 94,500 94,500 94,500 94,500 94,500 94,500 Street Maintenance - - - - - - Sustainability - - - - - - OPEB UAL - - - - - - CalPERS Pension UAL - - - - - - IT Reserve 160,000 160,000 160,000 160,000 160,000 160,000 CIP Project Carryovers/Encumbrances - - - - - - Encumbrances (Operating) - - - - - - FMV Adjustment 519,117 519,117 519,117 519,117 519,117 519,117 Unassigned Fund Balance 2,207,470 (552,658) (1,765,390) (562,136) 664,879 2,181,974 Ending Fund Balance
DRAFT
$ 18,587,098 $ 16,060,517 $ 14,915,587 $ 16,450,122 $ 18,069,032 $ 18,733,655 96 of 289
Meeting Date: May 21, 2024

The City’s fund balances represent the City’s various reserve categories and provides options to respond to emergencies, economic shocks and other risks, unanticipated expenditures and replacement costs. They consist of various categories earmarked for certain uses. It will be important to sustain adequate reserves for economic recovery and to hedge against other risks. The City has been successful over the years in not only maintaining its contingency reserve at 33 percent of its operating budget, but also in building its unassigned fund balance over time to address revenue fluctuations and unanticipated expenditures. The Government Finance Officers Association (GFOA) recommends cities maintain at least a minimum of 16 percent of unrestricted fund balance, though this is intended as a baseline, and further recommends cities maintain reserves at higher levels according to local conditions and unique circumstances. The City’s primary risk factors are revenue volatility with dependency on TOT and liquidity with the timing of large primary revenues such as property tax only received twice a year, with the first payment in December and large grant reimbursement projects. Additionally, given the RNA, the City does not receive its full property tax allocation resulting in higher reliance on the sources more sensitive to swings in the economy.

Maintaining an adequate fund balance and contingency reserves is vital for the city’s fiscal health, as it also supports creditworthiness and offers a financial cushion against unforeseen one-time expenses or immediate revenue shortfalls. The City has utilized the fund balance balance when additional appropriations are needed for capital projects or major maintenance projects or immediately address emergency repairs due to storm damage. The Finance Department’s Annual Work Program for FY 23/24 includes a comprehensive review of evaluating reserve categories and amounts under long-range projects, contingent on staff capacity.

It should also be noted that the City has other tools, such as interfund borrowing (one fund borrows from another that has available resources), bank loans, lines of credit and other debt instruments should the City need them as described in the City’s Debt Management Policy. As discussed at the CIP Budget Workshop, Finance staff is evaluating the use of debt financing options to free up the General Fund, and help address other critical unfunded projects.

General Fund – Five Year Forecast
Note: Staff are currently evaluating all budgetary adjustments and forecast assumptions. Final forecast will change.

Five-Year Forecast shows moderate revenues over expenditures in years three through five, though that is subject to change pending future Council direction and is based on assumptions for FY 24/25. The forecast does not consider any major changes or significant amounts of additional funding that is needed for deferred maintenance and the other unfunded priorities that have been discussed over the last year.

Revenues
Revenue projections were made conservatively and developed in conjunction with tax consultants, analyzing historical actuals and working with departments on activity levels of user fees and charges. TOT assumptions were based on trailing twelve months of activity levels and reflect current ADR rates, with minimal increase. Cannabis tax revenues were estimated conservatively based on prior quarter actuals and discussions with operators and DRAFT 97 of 289
Meeting Date: May 21, 2024

will be subject to adjustments as more information becomes known. Cannabis tax assumptions do not include any changes to the tax rates or new business operators in Goleta. No revenue losses or shocks are assumed in this forecast. Table 24 summarizes the General Fund revenue forecast through FY 26/27.

Table 30 – Five-Year Forecast - Summary of General Fund Revenues

Expenditures
Expenditure projections in years two through five have been adjusted for one-time expenditures. Salary and benefit growth include estimated CalPERS impact, considering a 6% investment return, and assumes a 3% annual salary and benefit growth. In FY 24/25, the City will experience the full annualized impacts of cost increases related to new personnel being requested in 23/24 on an actual basis along with the MOU adjustments.

The revised proposed FY 24/25 budget currently has all vacant and new positions annualized. No new staffing has been estimated for future years. Operating and maintenance assumes a year over year growth assumption of 3%. Sheriff contract services, assumes an annual 3% increase, with no true-up costs. Unfunded priorities and programs, including the backlog of deferred maintenance are not factored in the model. Table 31 summarizes the General Fund expenditure forecast through FY 27/28 Table 31 – Five-Year Forecast - Summary of General Fund Expenditures

General Fund
FY 22/23
Actual
FY 23/24
Projected
FY 24/25
Projected
FY 25/26
Projected
FY 26/27
Projected
FY 26/27
Projected
FY 27/28
Projected
Property Tax $ 9,332,590 $ 9,428,714 $ 9,793,500 $ 10,185,240 $ 10,592,640 $ 11,016,340 $ 11,456,990 Sales Tax 8,726,058 8,702,900 9,026,800 9,306,630 9,585,820 9,873,390 10,169,590 Transaction and Use Tax 5,300,000 - 11,000,000 11,341,000 11,681,230 12,031,660 12,392,600 Transient Occupancy Tax 13,884,890 13,400,000 13,800,000 14,145,000 14,427,900 14,716,450 15,010,770 Cannabis Business Tax 1,021,742 630,000 630,000 636,300 642,660 649,080 655,570 Franchise Fees 1,636,443 1,601,000 1,681,050 1,714,670 1,748,960 1,783,930 1,819,600 Licenses & Service Charges 2,120,862 2,270,800 2,279,000 2,331,950 2,386,330 2,442,150 2,499,430 Fines & Penalties 170,039 182,000 166,500 168,160 169,840 171,520 173,210 Interest and Rent Income 996,093 1,510,000 1,030,000 1,053,010 1,053,700 1,074,770 1,096,260 Reimbursements 314,505 333,000 342,900 347,010 349,540 351,260 353,000 Other Revenues 125,585 2,011,449 120,500 120,500 120,500 120,500 120,500 Transfers In from Other Funds 28,558 50,709 50,709 50,700 50,700 50,700 50,700 Total Ongoing Revenues 38,357,365 $ $ 44,217,830 $ 49,920,959 $ 51,400,170 $ 52,809,820 $ 54,281,750 $ 55,798,220 YoY $ Change $ 733,885 $ 5,860,465 $ 5,703,129 $ 1,479,211 $ 1,409,650 $ 1,471,930 $ 1,516,470 YoY % Change 2.0% 15.3% 12.9% 3.0% 2.7% 2.8% 2.8%
General Fund -
Expenditures
FY 22/23
Actual
FY 23/24
Projected
FY 24/25
Projected
FY 25/26
Projected
FY 26/27
Projected
FY 27/28
Projected
FY 28/29
Projected
Salaries and Benefits $ 12,367,361 $ 15,687,900 $ 17,118,900 $ 17,632,467 $ 18,161,441 $ 18,706,284 $ 19,267,473 Operating and Maintenance 24,012,170 $ $ 31,684,132 $ 32,417,740 $ 31,660,733 32,135,644 32,778,356 33,433,924 Capital $ 1,663,609 $ 18,332,702 $ 2,102,700 $ 2,443,700 170,000 370,000 370,000 Transfers $ 99,474 $ 668,300 $ 808,200 $ 808,200 808,200 808,200 808,200 Total Expenditures $ 38,142,615 $ 66,373,034 $ 52,447,540 $ 52,545,100 $ 51,275,285 $ 52,662,841 $ 53,879,596 YoY $ Change $ 28,230,420 $ (13,925,494) $ 97,560 $ (1,269,815) $ 1,387,556 $ 1,216,756 YoY % Change
DRAFT

74.0% -21.0% 0.2% -2.4% 2.7% 2.3%
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Meeting Date: May 21, 2024

Gann Appropriations Limit for Fiscal Year 2024/25
The Gann Limit was approved on November 6, 1979, by California voters. Under the Gann Limit, a maximum amount is established for tax-funded government services. For the City of Goleta, the Gann Limit is adjusted against the base year of $22,545,410 that was established by the voters in the November 2, 2004, election. This amount is to be adjusted annually depending on changes in population, inflation and the transfer of financial responsibility for various government activities from one level of government to another.

Any significant amount of state tax revenue received above the Gann Limit may result in future tax rebates or tax cuts. According to the Revenue and Taxation Code, Section 7910, local governments must establish appropriation limits by resolution each year at a regularly scheduled meeting or a noticed special meeting. The resolution can be found in Attachment 2 of this packet.

As a result of Proposition 111, the City is required to choose between two annual inflation factors and two population growth factors for establishment of the Gann Limit. The choice offered for the annual inflation factor is the greater of (1) the growth in California per capita income, or (2) the growth in non-residential assessed valuation due to new construction within the City. Inflation and population factors are provided by the State Department of Finance and the City’s property tax consultant, HDL Coren & Cone. Due to timing, the GAAN calculations will be provided at the June 18, 2024 Budget meeting.

FINANCE COMMITTEE REVIEW:

The Finance Committee met to review the Preliminary Operating Budget for FY 2024/25 on May 13, 2024.

FISCAL IMPACTS:

Total revised General Fund revenues are estimated at $49.9 million in FY 24/25. Total revised General Fund expenditures (ongoing costs plus one-time costs) are anticipated to be $52 million. Total revenues for all funds are estimated at $62.1 million and total expenditures at $66.7 million.

The preliminary budgets are still in draft form, and materials provided at this workshop are not intended to be inclusive of the entire recommended budget. Revenues and expenditures estimates are anticipated to change which will be finalized and released in June for consideration at the public hearing on June 18, 2024.

DRAFT 99 of 289
Meeting Date: May 21, 2024

ALTERNATIVES:

Council may elect not to adopt the attached resolution, thereby leaving the budget as previously approved; however, certain budget recommendations are necessary to meet obligations and financial reporting requirements.

LEGAL REVIEW BY: Megan Garibaldi, City Attorney
APPROVED BY: Robert Nisbet, City Manager
ATTACHMENTS:

1. Draft - Resolution No.24-_ entitled “A resolution of the City Council of the City of Goleta, California amending the Two-Year Budget Plan for fiscal years 2023/24 and 2024/25 and Comprehensive Capital Improvement Plan”
Exhibit A. Summary of Sources and Uses
Exhibit B. Summary of Revenue and Appropriations with Department Line-Item Worksheets
Exhibit C. Capital Improvement Program Summaries and Project Sheets Exhibit D. Five Year Forecast
Exhibit E. Interfund Transfers

2. Draft - Resolution No.24-_ entitled “A Resolution of the City Council of the City of Goleta, California, Adopting the City’s GANN Limit for Fiscal Year 2024/25” Exhibit A. Gann Limit Worksheet – Will be provided at June meeting

3. Draft - Resolution No.24-__ entitled “A resolution of the City Council of the City of Goleta, California amending the City of Goleta Schedule of Authorized Positions and the City of Goleta Salary Schedule and Classification Plan for fiscal year 2023/24 and fiscal year 2024/25 and, adding new classification specifications Exhibit A. City of Goleta Salary Schedule and Classification Plan for Fiscal Year 2023/24 and Fiscal Year 2024/25
Exhibit B. City of Goleta Schedule of Authorized Positions for Fiscal Year 2023/24 and Fiscal Year 2024/25
Exhibit C. Organization Chart by Position

4. Fiscal Year 2024/25 Mid-Cycle Budget Presentation
DRAFT 100 of 289
ATTACHMENT 1:

A resolution of the City Council of the City of Goleta, California amending the Two-Year Budget Plan for fiscal years 2023/24 and 2024/25 and Comprehensive Capital Improvement Plan
DRAFT 101 of 289
Summary of Sources and Uses Exhibit A
FY 2024/25
Fund
No. Fund Name
Estimated
Beginning
Balance
July 1, 2024
Revenues
Transfers
In
Total
Sources

GENERAL FUND
101 General 18,369,355 49,870,250 50,709 68,290,314

SPECIAL FUNDS
201 Gas Tax 43,000 944,498 - 987,498
202 Transportation 8,700 44,400 - 53,100
203 RMRA 866,742 343,567 - 1,210,309
205 Measure A 2,511,700 210,000 - 2,721,700
206 Measure A- Other (GRANT) - - - -
208 County Per Capita - Goleta Library 783,300 55,700 100,000 939,000 209 County Per Capita - Buellton Library 162,659 161,236 - 323,895 210 County Per Capita - Solvang Library 185,872 95,705 - 281,577 211 Solid Waste 986,568 1,507,500 - 2,494,068
212 Public Safety Donations - 11,748 - 11,748
213 Buellton Library 195,479 209 - 195,688
214 Solvang Library 197,555 11,655 - 209,210
217 Community Center (1,900) 508,200 363,000 869,300
220 Transportation Facilities DIF (1,493,304) - 920,400 (572,904) 221 Parks & Recreation Facilities DIF 1,015,557 77,792 - 1,093,349 222 Public Administration Development Fees (9,765) 3,382 - (6,383) 223 Library Facilities Development Fees 55,134 1,036 - 56,170 224 Sheriff Facilities Development Fees (25,583) - - (25,583) 225 Housing-in-Lieu 1,436,057 9,700 250,000 1,695,757
226 Environmental Programs 166,682 1,300 - 167,982
229 Fire Development Fees (1,195,503) - 31,576 (1,163,927) 230 Long Range Development Plan (0) - - (0)
231 Developer Agreement - 345,163 - 345,163
232 County Fire DIF (GRANT) - - - -
233 OBF - SCE (GRANT) 631,411 - - 631,411
234 Storm Drain DIF (142,847) - 17,532 (125,315)
235 Bicycle & Pedestrian DIF (0) - 3,332 3,332
236 Misc Grants (Library) 2,000 4,300 - 6,300
237 Local Grants - - - -
238 Non-Residential Affordable Housing DIF 37,124 51,969 - 89,093 301 State Park (GRANT) - - - -
302 COPS - Public Safety (GRANT) - 150,000 - 150,000
304 Solid Waste - Recycling (GRANT) 48,334 9,000 - 57,334 305 RSTP - State (GRANT) 134,814 - - 134,814
306 LSTP – State (GRANT) 444 - - 444
308 STIP/STIP-TE – State (GRANT) 10,385 - - 10,385
310 CAL FIRE (GRANT) - - - -
311 Misc. (GRANT) 30 30,000 - 30,030
317 SSARP (GRANT) - - - -
318 ATP – State (GRANT) 0 - - 0
319 Housing & Community Development State Fund ( - - - - 320 Cal OES 14,231 - - 14,231
321 TIRCP (GRANT) 30,604 - - 30,604
322 MBHMP 97,548 - - 97,548
323 Cal OES - State - - - -
324 Planning Grants Program (PGP) - - - -
325 Isla Vista Library Grant - - - -
401 HBP Federal (GRANT) 0 - - 0
402 Community Development Block (GRANT) 121,616 - - 121,616 409 OTS (GRANT) (0) - - (0)
417 Highway Safety Improvement Program (GRANT) - 5,636 - 5,636 419 TIGER (GRANT) - - - -
420 FHWA - FEMA Reimb (GRANT) 58,107 - - 58,107
421 Hazard Mitigation Grant Program (HMGP) - - - -
423 Coronavirus State & Local Fiscal Recovery Funds - - - - 424 Community Project Funding - - - -
501 Library Services 93,292 628,400 - 721,692
502 Street Lighting 55,522 308,000 - 363,522
503 PEG 262,407 68,500 - 330,907
504 CASp Cert and Training 1,162 - - 1,162
608 IBank - - - -
701 Plover Endowment 4,000 1,974 - 5,974
702 Section 115 Trust - Pension 162,792 - - 162,792
703 Section 115 Trust - OPEB 319,359 - - 319,359
SUBTOTAL 22,431,45 4 60,057,645 908,909 83,398,008
605 RDA Successor – Non Housing (9,105,174) - 1,157,134 (7,948,040)

GRAND TOTAL
DRAFT
61,214,779 13,326,280 908,909 75,449,968
102 of 289
Summary of Sources and Uses Exhibit A
Operating
Expenditures
Transfers
Out
Capital
Improvement
Projects
Total
Uses
Estimated
Ending
Balance
June 30, 2025
Fund
No. Fund Name

GENERAL FUND
808,200 49,637,440 2,001,900 52,447,540 15,842,774 101 General

SPECIAL FUNDS
- 876,000 40,000 916,000 71,498 201 Gas Tax
- - - - 53,100 202 Transportation
808,000 - - 808,000 402,309 203 RMRA
- 1,020,000 1,012,000 2,032,000 689,700 205 Measure A
- - - - 206 Measure A- Other (GRANT) -
925,820 - - 925,820 13,180 208 County Per Capita - Goleta Library - 176,400 - 176,400 147,495 209 County Per Capita - Buellton Library - 212,100 - 212,100 69,477 210 County Per Capita - Solvang Library - 2,533,400 - 2,533,400 (39,332) 211 Solid Waste
- - - - 11,748 212 Public Safety Donations
- 269,200 - 269,200 (73,512) 213 Buellton Library
- 261,000 - 261,000 (51,790) 214 Solvang Library
- 921,100 - 921,100 (51,800) 217 Community Center
- 10,000 2,000,000 2,010,000 (2,582,904) 220 Transportation Facilities DIF - - - - 1,093,349 221 Parks & Recreation Facilities DIF - - - - (6,383) 222 Public Administration Development Fees 1,000 - - 1,000 55,170 223 Library Facilities Development Fees - - - - (25,583) 224 Sheriff Facilities Development Fees 25,000 - - 25,000 1,670,757 225 Housing-in-Lieu
9,400 - - 9,400 158,582 226 Environmental Programs
- - - - (1,163,927) 229 Fire Development Fees
- - - - (0) 230 Long Range Development Plan
- - - - 345,163 231 Developer Agreement
- - - - 232 County Fire DIF (GRANT) -
- - - - 631,411 233 OBF - SCE (GRANT)
- - - - (125,315) 234 Storm Drain DIF
- - - - 3,332 235 Bicycle & Pedestrian DIF
- 2,000 - 2,000 4,300 236 Misc Grants (Library)
- - - - 237 Local Grants -
- - - - 89,093 238 Non-Residential Affordable Housing DIF - - - 301 State Park (GRANT) -
150,000 - - 150,000 302 COPS - Public Safety (GRANT) -
- - - - 57,334 304 Solid Waste - Recycling (GRANT)
- - - - 134,814 305 RSTP - State (GRANT)
- - - - 306 LSTP – State (GRANT) 444
- - - - 10,385 308 STIP/STIP-TE – State (GRANT)
- - - - 310 CAL FIRE (GRANT) -
30,000 - - 30,000 311 Misc. (GRANT) 30
- - - - 317 SSARP (GRANT) -
- - - - 318 ATP – State (GRANT) 0
- - - - 319 Housing & Community Development State Fund (GRANT - ) - - - - 14,231 320 Cal OES
- - - - 30,604 321 TIRCP (GRANT)
- - - - 97,548 322 MBHMP
- - - - 323 Cal OES - State -
- - - - 324 Planning Grants Program (PGP - )
- - - - 325 Isla Vista Library Gran - t
- - - - 401 HBP Federal (GRANT) 0
50,709 45,907 25,000 121,616 - 402 Community Development Block (GRANT) - - - - (0) 409 OTS (GRANT)
- - - - 5,636 417 Highway Safety Improvement Program (GRANT) - - - - 419 TIGER (GRANT) -
- - - - 58,107 420 FHWA - FEMA Reimb (GRANT)
- - - - 421 Hazard Mitigation Grant Program (HMGP - )
- - - - 423 Coronavirus State & Local Fiscal Recovery Fund - s - - - - 424 Community Project Fundin - g
50,000 671,780 - 721,780 (88) 501 Library Services
- 940,500 - 940,500 (576,978) 502 Street Lighting
60,000 - - 60,000 270,907 503 PEG
- - - - 1,162 504 CASp Cert and Training
- - - - 608 IBan - k
- 2,000 - 2,000 3,974 701 Plover Endowment
- - - - 162,792 702 Section 115 Trust - Pension
- - - - 319,359 703 Section 115 Trust - OPEB
59,588,047 908,909 5,078,900 65,575,856 17,822,152 SUBTOTAL - 1,138,054 - 1,138,054 (9,086,094) 605 RDA Successor – Non Housing 908,909 60,726,101 5,078,900
DRAFT
66,713,910 8,736,058 GRAND TOTAL
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City of Goleta

COMPREHENSIVE CIP PROJECT LIST
June 30, 2024
Project
Number Project Name Project Phase Notes
1 9002 (R1) Ekwill Street & Fowler Road Extensions * Construction Moving forward. Grant Deadline(s)2 9006 San Jose Creek Bike Path ‐ Northern & Southern Segments Design Moving forward. Grant Deadline(s) 3 9007 San Jose Creek Bike Path ‐ Middle Extent Construction Moving forward. Grant Deadline(s)4 9033 Hollister Avenue Bridge Construction Moving forward. Grant Deadline(s)5 9053 Cathedral Oaks Crib Wall Repair Conceptual Design Moving forward. Analyze Project Scope and Funding Needs. 6 9062 Storke/Hollister Transit, Bike/Ped, and Median Imp. * Design Moving forward. Grant Deadline(s) 7 9083 Traffic Signal Upgrades Design Moving forward. Grant Deadline(s) 8 9086 Vision Zero Plan Conceptual Design Moving forward. Priority Project. 9 9103 Citywide School Zones Signage and Striping Evaluation Not Started Moving forward. Priority Project. 10 9107 Old Town Full Trash Capture Conceptual Design Moving forward. Conformance Deadline11 9110 Hollister Class I Bike Path Lighting Construction Moving forward. Grant Deadline(s) 12 9114 Hollister Avenue Old Town Interim Striping Construction Moving forward. Grant Deadline(s) 13 9115 Public Works Corporation Yard Repairs and Improvements Conceptual Design Moving forward. Priority Project. 14 9117 San Jose Creek Channel Fish‐Passage Modification Project Design Moving forward. Priority Project. 15 9118 Ellwood Coastal Trails and Habitat Restoration Design Moving forward. Priority Project. 16 9119 Ellwood Beach Drive Drainage Repair Design Moving forward. Priority Project. 17 9120 Evergreen Park Drainage Repair Construction Moving forward. Priority Project. 18 9124 Fairview and Stow Canyon Traffic Signal & Intersection Improvements Not Started Moving forward. Priority Project. 19 9125 Rapid Flashing Beacons (RRFBs) Calle Real at Jenna Not Started Moving forward. Priority Project. 20 9132 Lake Los Carneros Pedestrian Bridge Removal Not Started Moving forward. Priority Project. 21 9133 Hollister Ave Sidewalk Improvement at Ellwood School Not Started Moving forward. Priority Project. 22 9085 Goleta Storm Drain Master Plan Not Started Moving forward. Priority Project. 23 9122 City‐Wide Open Space Management and Maintenance Not Started Moving forward. Priority Project. 24 9123 Lake Los Carneros Master Plan Conceptual Design Moving forward. Priority Project.25 9112 Ellwood Mesa/Sperling Preserve Butterfly Management Plan Design Moving forward. Grant Deadline(s)26 TBD Lake Los Carneros Dam Long Range Plan Moving forward. Priority Project. 27 5800‐1 Annual Pavement Rehabilitation Design/Construction Moving forward. Priority Project. 28 5800‐2 Miscellaneous Concrete Repair Design/Construction Moving forward. Priority Project. 29 9025 Fire Station 10 Design Project moving forward, (to be put on hold) 30 9063 Evergreen Park Improvements Not started Project moving forward31 9071 Improvements to Athletic Field at GCC Construction Project moving forward32 9074 Stow Grove Park Master Plan & Renovation (formerly Multi‐Purpose Field) Conceptual Design Project Moving forward 33 9079 (T1) Goleta Train Depot and S. La Patera Imp. Design 95% Project moving forward, prior General Fund only 34 9084 Community Garden Construction Project moving forward 35 9093 San Miguel Park Improvements Not Started Project moving forward 36 9094 Santa Barbara Shores Park Improvements Not Started Project moving forward37 9108 Winchester II Park Improvements Construction Project moving forward 38 9111 JDW Neighborhood Park Phase 2‐Splash Pad Construction Project moving forward 39 9113 Mathilda Park Improvements Design 95% Project moving forward 40 9116 Pickleball Courts Not Started Project moving forward 41 9126 Pickleball Entry/Waiting area at GCC Conceptual Design Project moving forward Public Works Department FY 24/25 Work Program Projects
Public Works Department Projects FY 24/25 Work Program ‐ Master Plans and Capital Maintenance Items Neighborhood Services Department FY 24/25 Work Program Projects DRAFT
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City of Goleta

COMPREHENSIVE CIP PROJECT LIST
June 30, 2024
Project
Number Project Name Project Phase Notes
42 9067 Goleta Community Center Improvements Construction Nearing completion 43 9101 City Hall Improvements Conceptual Design Project moving forward44 9121 Goleta Community Center ADA Improvements Design 65% Moving forward. Priority Project. 45 9127 Goleta Community Center Campus Refresh Not Started Project scheduled after completion of 9067 & 912146 9130 Goleta Valley Library ADA & Building Refresh Not Started 47 9131 Historic Train Station Preservation Not Started48 9001 (R2) Hollister Avenue Complete Street Corridor Plan * Conceptual Design Delayed 49 9027 (R5) Goleta US 101 Overcrossing * Conceptual Design Delayed 50 9042 (R12) Storke Road Widening ‐ Phelps to City Limit * Conceptual Design Delayed51 9044 (I7) Hollister Widening West of Storke Conceptual Design Delayed 52 9061 Cathedral Oaks Class I Multi‐use Path Not Started Delayed 53 9064 Reclaimed Water Service to Evergreen Park Not Started Delayed 54 9065 Reclaimed Water Service to Bella Vista Park Not Started Delayed 55 9078 Rancho La Patera Improvements Conceptual Design Delayed 56 9081 Covington Drainage System Improvements Not Started Delayed 57 9097 Fairview Corridor Study * Not Started Delayed
58 9100 (I22) Hollister/Fairview Roundabout Not Started Delayed 59 9102 Storke Road Corridor Study Conceptual Design Delayed 60 9104 Citywide Traffic Signal Evaluation Not Started Delayed 61 9105 Ellwood Beach Drive Drainage Replacement Not Started Delayed 62 9106 Phelps Ditch Channel Drainage Improvements Not Started Delayed 63 9109 Ward Drive Sidewalk Infill Not Started Delayed
64 9075 Evergreen Park Multi‐Purpose Field Not Started Delayed ‐ project scope under review 65 9076 Public Swimming Pool Not Started Delayed ‐ Unidentified location 66 9077 Recreation Center/Gymnasium Not Started Delayed ‐ Unidentified location 67 9129 Goleta Community Center Parking Lot Improvements Not Started Delayed 68 9128 Goleta Community Center Gazebo Area Improvements Not Started Delayed 69 9134 Facilities Capital Renewal (Proposed FY24/25) Not Started Delayed 70 9135 Stow House Preservation (Proposed FY24/25) Not Started Delayed 71 9136 Portable Replacement Project (Proposed FY24/25) Not Started Delayed 72 9056 LED Street Lighting Closeout
73 9087 Crosswalk PHB on Calle Real near Encina Lane Complete 74 9088 RRFB Improvements at School Crosswalks Complete 75 9089 Goleta Traffic Safety Study Final Study
76 9099 Crosswalk at Calle Real/Fairview Center ‐ PHB Construction * LRDP Projects
General Services Department Projects Not in FY 24/25 Work Program Recently Completed Projects
Neighborhood Services Department Projects Not in FY 24/25 Work Program General Services Department Projects in FY 24/25 Work Program Public Works Department Projects Not in FY 24/25 Work Program DRAFT
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City of Goleta

COMPREHENSIVE CIP PROJECT LIST
June 30, 2024
Project
Number Project Name Project Phase Notes
Project # Project Name
1 I1 Fairview Avenue/Calle Real Intersection Improvements * Future Project2 I2 Fairview Avenue at US 101 Southbound On‐Ramp Improvements * Future Project 3 I3 Fairview Avenue at US 101 Northbound On‐Ramp Improvements * Future Project 4 I8 Patterson Avenue at US 101 Southbound Ramp Improvements * Future Project 5 I9 Patterson Avenue at US 101 Northbound Ramps Improvements * Future Project 6 I10 Hollister Avenue at Patterson Avenue * Future Project 7 I12 New Traffic Signal Installation (Citywide) * Future Project 8 I13 Hollister Avenue at Kellogg Avenue * Future Project9 I14 Hollister Avenue/Pacific Oaks Road Intersection Improvements * Future Project 10 I16 Glen Annie Road at US 101 Northbound Ramps * Future Project 11 I18 Storke Road at US 101 Southbound Ramps Future Project 12 I20 Los Carneros Road/ US 101 SB On‐Ramp Dual Right Turn Lanes (CIP Project No. 9045) Future Project 13 I21 Los Carneros Road at Hollister Avenue Future Project14 R9 Phelps Road Extension * Future Project 15 R10 US 101 NB Auxiliary Lane between Los Carneros Road and Storke Road Future Project 16 R11 US 101 Northbound and Southbound Auxiliary Lanes between Fairview Avenue and Los Carneros Road Future Project17 R13 Los Carneros Way Realignment Future Project 18 R14 South Fairview Avenue Widening Future Project
19 R18 Los Carneros Road/Calle Koral Roadway Widening Future Project 20 R4.2 La Patera Road/ US 101 Crossing Project (CIP Project No. 9072) Future Project * LRDP Projects
Development Impact Fee (DIF) / GTIP Project List
DRAFT
106 of 289
City of Goleta

COMPREHENSIVE CIP PROJECT LIST
June 30, 2024
Project
Number Project Name Project Phase Notes
BPMP # Project Name
1 BPMP‐1 Class 1 Multi‐Use Path Fairview Avenue Future Project2 BPMP‐2 Class I Multi‐Use Path along Hollister Avenue – Western End Future Project 3 BPMP‐3 Bike Lane Improvements Encina Road Future Project 4 BPMP‐4 Class I Multi‐Use Path along Hollister Avenue – Old Town Future Project 5 BPMP‐5 Bike Lane Improvements Glen Annie Road Future Project 6 BPMP‐6 Bike Lane Improvements Kellogg Avenue Future Project 7 BPMP‐7 Intersection Crossing Improvements – Storke and Hollister Future Project 8 BPMP‐8 Class I Multi‐Use Path along Fairview Avenue South Future Project9 BPMP‐9 Crossing Improvements – Cathedral Oaks Road & Dos Pueblos High Future Project 10 BPMP‐10 Class I Multi‐Use Path Cathedral Oaks Road – San Pedro Creek to Eastern City Limit Future Project 11 BPMP‐11 Crossing Improvements – Berkeley Road at Kellogg Avenue Future Project 12 BPMP‐12 Crossing Improvements – Calle Real/ Fairview Avenue to Kellogg Avenue Future Project13 BPMP‐13 Class I Multi‐Use Path along Fairview Avenue North Future Project14 BPMP‐14 Crossing Improvements – Hollister Avenue at Palo Alto Drive Future Project 15 BPMP‐15 Bike Lane Improvements Los Carneros Road and Hollister Avenue Future Project 16 BPMP‐16 Bike Lane Improvements Patterson Avenue South Future Project 17 BPMP‐17 Crossing Improvements – Fairview Avenue at Cathedral Oaks Future Project 18 BPMP‐18 Bike Lane Improvements Cathedral Oaks Road – West Connection Future Project 19 BPMP‐19 Class I Multi‐Use Path Overcrossing US 101/Mendocino Drive Future Project20 BPMP‐20 Bike Lane Improvements Carlo Drive Future Project 21 BPMP‐21 Intersection Crossing Improvements – Cathedral Oaks at Alameda Avenue Future Project 22 BPMP‐22 Class I Multi‐Use Path along Phelps Ditch Future Project 23 BPMP‐23 Covington Multi‐Use Path Bridge Replacement Future Project24 BPMP‐24 Class I Multi‐Use Path in Evergreen Park Future Project 25 BPMP‐25 Bike Lane Improvements Ellwood Station Road Future Project26 BPMP‐26 Bike Lane Improvements San Milano Drive Future Project 27 BPMP‐27 Class I Multipurpose Path Sperling Preserve Future Project 28 BPMP‐28 Class I Multi‐Use Path Calle Real/Los Carneros East Future Project 29 BPMP‐29 Bike Lane Improvements at Santa Barbara Shores Drive/Hollister Avenue Future Project 30 BPMP‐30 Bike Lane Improvements at Cortona Road/Hollister Avenue Future Project 31 BPMP‐31 Intersection Crossing Improvements – Marketplace Drive/Storke Road Future Project 32 BPMP‐32 Bike Lane Improvements Barling Terrace/Stow Canyon Future Project 33 BPMP‐33 Bike Lane Improvements Mendocino Drive/Dos Pueblos High Future Project 34 BPMP‐34 Bike Lane Improvements Lindmar Road/Robin Hill Road Future Project 35 BPMP‐35 Roundabout Signage and Striping Improvements – Los Carneros Future Project36 BPMP‐36 Signage and Wayfinding Improvements – Covington Way/Berkeley Road Future Project 37 BPMP‐37 Bike Lane Improvements Hollister Avenue/Storke Road Future Project Bicycle Pedestrian Master Plan (BPMP) Project List
DRAFT
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City of Goleta

COMPREHENSIVE CIP PROJECT LIST
June 30, 2024
Project
Number Project Name Project Phase Notes
Project # Project Name
1 Daytona Drainage Improvements Future Project2 Various Citywide Pedestrian Intersection Improvements Future Project3 9080 Electrical Utility Undergrounding Future Project 4 9012 Armitos Avenue Bridge Future Project5 Fairview Avenue On‐Ramp Caltrans Restriping Future Project 6 Hollister Safety Improvements between Storke and Entrance Road Future Project7 Sidewalk along Glenn Annie from Norte To Cathedral Oaks Future Project 8 Traffic Calming treatments in Old Town, northerly of Hollister Avenue Future Project 9 Traffic Calming treatment in the Kellogg Neighborhood Future Project 10 Bike Path northerly of Fairview Gardens Future Project11 Ped/Bike bridge over Highway 101 (amend an existing project to build a vehicle bridge) Future Project 12 Ped/Bike bridge over San Jose Creek on Armitos Avenue (amend an existing project to build a vehicle bridge) Future Project Other Future Project List
DRAFT
108 of 289
City of Goleta
5‐YEAR CIP PROJECT LIST
June 30, 2024
Legend:Projects moving forward in FY 24/25
Project 23/24 24/25 25/26 26/27 27/28
28/29 +
Future
Yrs Funding Other Projects delayed in FY 24/25
Number Project Name Project Phase 1 2 3 4 5 6 General Fund Funding Notes 1 9002 (R1) Ekwill Street & Fowler Road Extensions * Construction Yes Yes Moving forward. Grant Deadline(s) 2 9006 San Jose Creek Bike Path ‐ Northern & Southern Segments Design Unknown Yes Moving forward. Grant Deadline(s) 3 9007 San Jose Creek Bike Path ‐ Middle Extent Construction No Yes Moving forward. Grant Deadline(s) 4 9033 Hollister Avenue Bridge Construction Yes Yes Moving forward. Grant Deadline(s) 5 9053 Cathedral Oaks Crib Wall Repair Design Yes No Moving forward. Analyze Project Scope and Funding Needs. 6 9062 Storke/Hollister Transit, Bike/Ped, and Median Imp. * Design Unknown Yes Moving forward. Grant Deadline(s) 7 9083 Traffic Signal Upgrades Design No Yes Moving forward. Grant Deadline(s) 8 9086 Vision Zero Plan Conceptual Design None Unknown Yes Moving forward. Priority Project. 9 9103 Citywide School Zones Signage and Striping Evaluation Not Started None Unknown Yes Moving forward. Priority Project. 10 9107 Old Town Full Trash Capture Conceptual Design None Unknown Yes Moving forward. Conformance Deadline 11 9110 Hollister Class I Bike Path Lighting Construction No Yes Moving forward. Grant Deadline(s) 12 9114 Hollister Avenue Old Town Interim Striping Construction Unknown Yes Moving forward. Grant Deadline(s) 13 9115 Public Works Corporation Yard Repairs and Improvements Conceptual Design None Yes No Moving forward. Priority Project. 14 9117 San Jose Creek Channel Fish‐Passage Modification Project Design None Yes No Moving forward. Priority Project. 15 9118 Ellwood Coastal Trails and Habitat Restoration Design None Unknown Yes Moving forward. Priority Project. 16 9119 Ellwood Beach Drive Drainage Repair Design None Unknown No Moving forward. Priority Project. 17 9120 Evergreen Park Drainage Repair Construction None Unknown No Moving forward. Priority Project. 18 9124 Fairview and Stow Canyon Traffic Signal & Intersection Improvements Not Started None Unknown Yes Moving forward. Priority Project. 19 9125 Rapid Flashing Beacons (RRFBs) Calle Real at Jenna Not Started None Yes No Moving forward. Priority Project. 20 9132 Lake Los Carneros Pedestrian Bridge Removal Not Started None Yes No Moving forward. Priority Project. 21 9133 Hollister Ave Sidewalk Improvement at Ellwood School Not Started None Unknown Yes Moving forward. Priority Project. 22 9085 Goleta Storm Drain Master Plan Not Started None Unknown Yes Moving forward. Priority Project. 23 9122 City‐Wide Open Space Management and Maintenance Not Started None Yes No Moving forward. Priority Project. 24 9123 Lake Los Carneros Master Plan Conceptual Design None Yes No Moving forward. Priority Project. 25 9112 Ellwood Mesa/Sperling Preserve Butterfly Management Plan Design No Yes Moving forward. Grant Deadline(s) 26 TBD Lake Los Carneros Dam Long Range Plan None Moving forward. Priority Project. 27 5800‐1 Annual Pavement Rehabilitation Design/Construction Yes Yes Moving forward. Priority Project. 28 5800‐2 Miscellaneous Concrete Repair Design/Construction Yes Yes Moving forward. Priority Project. 29 9025 Fire Station 10 Design Previous Yes Project moving forward, (to be put on hold) 30 9063 Evergreen Park Improvements Not started Unknown Yes Project moving forward 31 9071 Improvements to Athletic Field at GCC Construction No Yes Project moving forward 32 9074 Stow Grove Park Master Plan & Renovation (formerly Multi‐Purpose Field) Conceptual Design No Yes Project Moving forward 33 9079 (T1) Goleta Train Depot and S. La Patera Imp. Design 95% Previous Yes Project moving forward, prior General Fund only 34 9084 Community Garden Construction No Yes Project moving forward 35 9093 San Miguel Park Improvements Not Started None No Yes Project moving forward 36 9094 Santa Barbara Shores Park Improvements Not Started None No Yes Project moving forward 37 9108 Winchester II Park Improvements Construction No Yes Project moving forward 38 9111 JDW Neighborhood Park Phase 2‐Splash Pad Construction No Yes Project moving forward 39 9113 Mathilda Park Improvements Design 95% Yes Yes Project moving forward 40 9116 Pickleball Courts Not Started No Yes Project moving forward 41 9126 Pickleball Entry/Waiting area at GCC Conceptual Design No Yes Project moving forward Neighborhood Services Department FY 24/25 Work Program Projects Work Program
Work in
Prior
Years
Fiscal Year/Work Program Year
Public Works Department FY 24/25 Work Program Projects
Public Works Department Projects FY 24/25 Work Program ‐ Master Plans and Capital Maintenance Items DRAFT
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City of Goleta
5‐YEAR CIP PROJECT LIST
June 30, 2024
Legend:Projects moving forward in FY 24/25
Project 23/24 24/25 25/26 26/27 27/28
28/29 +
Future
Yrs Funding Other Projects delayed in FY 24/25
Number Project Name Project Phase 1 2 3 4 5 6 General Fund Funding Notes Work Program
Work in
Prior
Years
Fiscal Year/Work Program Year
42 9067 Goleta Community Center Improvements Construction Yes Yes Nearing completion 43 9101 City Hall Improvements Conceptual Design Yes Yes Project moving forward 44 9121 Goleta Community Center ADA Improvements Design 65% Yes Yes Moving forward. Priority Project. 45 9127 Goleta Community Center Campus Refresh Not Started None Yes No Project scheduled after completion of 9067 & 9121 46 9130 Goleta Valley Library ADA & Building Refresh Not Started None Yes No 47 9131 Historic Train Station Preservation Not Started None Yes No 48 9001 (R2) Hollister Avenue Complete Street Corridor Plan * Conceptual Design Unknown Yes Delayed 49 9027 (R5) Goleta US 101 Overcrossing * Conceptual Design Unknown Yes Delayed 50 9042 (R12) Storke Road Widening ‐ Phelps to City Limit * Conceptual Design Unknown Yes Delayed 51 9044 (I7) Hollister Widening West of Storke Conceptual Design Unknown Yes Delayed 52 9061 Cathedral Oaks Class I Multi‐use Path Not Started None Unknown No Delayed 53 9064 Reclaimed Water Service to Evergreen Park Not Started None Unknown Yes Delayed 54 9065 Reclaimed Water Service to Bella Vista Park Not Started None Unknown Yes Delayed 55 9078 Rancho La Patera Improvements Conceptual Design Unknown Yes Delayed56 9081 Covington Drainage System Improvements Not Started None Yes No Delayed 57 9097 Fairview Corridor Study *Not Started None Unknown Yes Delayed 58 9100 (I22) Hollister/Fairview Roundabout Not Started None Unknown Yes Delayed 59 9102 Storke Road Corridor Study Conceptual Design Unknown Yes Delayed 60 9104 Citywide Traffic Signal Evaluation Not Started None Unknown Yes Delayed 61 9105 Ellwood Beach Drive Drainage Replacement Not Started None Unknown Yes Delayed 62 9106 Phelps Ditch Channel Drainage Improvements Not Started None Unknown Yes Delayed 63 9109 Ward Drive Sidewalk Infill Not Started None Unknown Unknown Delayed 64 9075 Evergreen Park Multi‐Purpose Field Not Started Unknown Unknown Combined with 9063 65 9076 Public Swimming Pool Not Started None Unknown Unknown Delayed ‐ Unidentified location 66 9077 Recreation Center/Gymnasium Not Started None Unknown Unknown Delayed ‐ Unidentified location 67 9129 Goleta Community Center Parking Lot Improvements Not Started None Unknown Unknown Delayed 68 9128 Goleta Community Center Gazebo Area Improvements Not Started None Unknown Unknown Delayed 69 9134 Facilities Capital Renewal (Proposed FY24/25) Not Started None Yes No 70 9135 Stow House Preservation Not Started None Unknown Unknown Delayed 71 9136 Portable Replacement Project (Proposed FY24/25) Not Started None Yes No 72 9056 LED Street Lighting Closeout
73 9087 Crosswalk PHB on Calle Real near Encina Lane Complete 74 9088 RRFB Improvements at School Crosswalks Complete 75 9089 Goleta Traffic Safety Study Final Study
76 9099 Crosswalk at Calle Real/Fairview Center ‐ PHB Construction * LRDP Projects
General Services Department Projects in FY 24/25 Work Program Public Works Department Projects Not in FY 24/25 Work Program Neighborhood Services Department Projects Not in FY 24/25 Work Program General Services Department Projects Not in FY 24/25 Work Program Recently Completed Projects
DRAFT
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City of Goleta
5‐YEAR CIP PROJECT LIST
June 30, 2024
Legend:Projects moving forward in FY 24/25
Project 23/24 24/25 25/26 26/27 27/28
28/29 +
Future
Yrs Funding Other Projects delayed in FY 24/25
Number Project Name Project Phase 1 2 3 4 5 6 General Fund Funding Notes Work Program
Work in
Prior
Years
Fiscal Year/Work Program Year
Project # Project Name
1 I1 Fairview Avenue/Calle Real Intersection Improvements * Future Project 2 I2 Fairview Avenue at US 101 Southbound On‐Ramp Improvements * Future Project 3 I3 Fairview Avenue at US 101 Northbound On‐Ramp Improvements * Future Project 4 I8 Patterson Avenue at US 101 Southbound Ramp Improvements * Future Project 5 I9 Patterson Avenue at US 101 Northbound Ramps Improvements * Future Project 6I10 Hollister Avenue at Patterson Avenue * Future Project 7 I12 New Traffic Signal Installation (Citywide) * Future Project 8 I13 Hollister Avenue at Kellogg Avenue * Future Project 9 I14 Hollister Avenue/Pacific Oaks Road Intersection Improvements * Future Project 10 I16 Glen Annie Road at US 101 Northbound Ramps * Future Project 11 I18 Storke Road at US 101 Southbound Ramps Future Project 12 I20
Los Carneros Road/ US 101 SB On‐Ramp Dual Right Turn Lanes (CIP Project No. 9045) Future Project
13 I21 Los Carneros Road at Hollister Avenue Future Project 14 R9 Phelps Road Extension * Future Project
15 R10 US 101 NB Auxiliary Lane between Los Carneros Road and Storke Road Future Project 16 R11
US 101 Northbound and Southbound Auxiliary Lanes between Fairview Avenue and Los Carneros Road Future Project
17 R13 Los Carneros Way Realignment Future Project
18 R14 South Fairview Avenue Widening Future Project
19 R18 Los Carneros Road/Calle Koral Roadway Widening Future Project 20 R4.2 La Patera Road/ US 101 Crossing Project (CIP Project No. 9072) Future Project * LRDP Projects
Development Impact Fee (DIF) / GTIP Project List
DRAFT
111 of 289
City of Goleta
5‐YEAR CIP PROJECT LIST
June 30, 2024
Legend:Projects moving forward in FY 24/25
Project 23/24 24/25 25/26 26/27 27/28
28/29 +
Future
Yrs Funding Other Projects delayed in FY 24/25
Number Project Name Project Phase 1 2 3 4 5 6 General Fund Funding Notes Work Program
Work in
Prior
Years
Fiscal Year/Work Program Year
BPMP # Project Name
1 BPMP‐1 Class 1 Multi‐Use Path Fairview Avenue Future Project 2 BPMP‐2 Class I Multi‐Use Path along Hollister Avenue – Western End Future Project 3 BPMP‐3 Bike Lane Improvements Encina Road Future Project 4 BPMP‐4 Class I Multi‐Use Path along Hollister Avenue – Old Town Future Project 5 BPMP‐5 Bike Lane Improvements Glen Annie Road Future Project 6 BPMP‐6 Bike Lane Improvements Kellogg Avenue Future Project 7 BPMP‐7 Intersection Crossing Improvements – Storke and Hollister Future Project 8 BPMP‐8 Class I Multi‐Use Path along Fairview Avenue South Future Project 9 BPMP‐9 Crossing Improvements – Cathedral Oaks Road & Dos Pueblos High Future Project 10 BPMP‐10
Class I Multi‐Use Path Cathedral Oaks Road – San Pedro Creek to Eastern City Limit Future Project
11 BPMP‐11 Crossing Improvements – Berkeley Road at Kellogg Avenue Future Project 12 BPMP‐12 Crossing Improvements – Calle Real/ Fairview Avenue to Kellogg Avenue Future Project 13 BPMP‐13 Class I Multi‐Use Path along Fairview Avenue North Future Project 14 BPMP‐14 Crossing Improvements – Hollister Avenue at Palo Alto Drive Future Project 15 BPMP‐15 Bike Lane Improvements Los Carneros Road and Hollister Avenue Future Project 16 BPMP‐16 Bike Lane Improvements Patterson Avenue South Future Project 17 BPMP‐17 Crossing Improvements – Fairview Avenue at Cathedral Oaks Future Project 18 BPMP‐18 Bike Lane Improvements Cathedral Oaks Road – West Connection Future Project 19 BPMP‐19 Class I Multi‐Use Path Overcrossing US 101/Mendocino Drive Future Project 20 BPMP‐20 Bike Lane Improvements Carlo Drive Future Project 21 BPMP‐21 Intersection Crossing Improvements – Cathedral Oaks at Alameda Avenue Future Project 22 BPMP‐22 Class I Multi‐Use Path along Phelps Ditch Future Project 23 BPMP‐23 Covington Multi‐Use Path Bridge Replacement Future Project 24 BPMP‐24 Class I Multi‐Use Path in Evergreen Park Future Project 25 BPMP‐25 Bike Lane Improvements Ellwood Station Road Future Project 26 BPMP‐26 Bike Lane Improvements San Milano Drive Future Project 27 BPMP‐27 Class I Multipurpose Path Sperling Preserve Future Project 28 BPMP‐28 Class I Multi‐Use Path Calle Real/Los Carneros East Future Project 29 BPMP‐29 Bike Lane Improvements at Santa Barbara Shores Drive/Hollister Avenue Future Project 30 BPMP‐30 Bike Lane Improvements at Cortona Road/Hollister Avenue Future Project 31 BPMP‐31 Intersection Crossing Improvements – Marketplace Drive/Storke Road Future Project 32 BPMP‐32 Bike Lane Improvements Barling Terrace/Stow Canyon Future Project 33 BPMP‐33 Bike Lane Improvements Mendocino Drive/Dos Pueblos High Future Project 34 BPMP‐34 Bike Lane Improvements Lindmar Road/Robin Hill Road Future Project 35 BPMP‐35 Roundabout Signage and Striping Improvements – Los Carneros Future Project 36 BPMP‐36 Signage and Wayfinding Improvements – Covington Way/Berkeley Road Future Project 37 BPMP‐37 Bike Lane Improvements Hollister Avenue/Storke Road Future Project Bicycle Pedestrian Master Plan (BPMP) Project List
DRAFT
112 of 289
City of Goleta
5‐YEAR CIP PROJECT LIST
June 30, 2024
Legend:Projects moving forward in FY 24/25
Project 23/24 24/25 25/26 26/27 27/28
28/29 +
Future
Yrs Funding Other Projects delayed in FY 24/25
Number Project Name Project Phase 1 2 3 4 5 6 General Fund Funding Notes Work Program
Work in
Prior
Years
Fiscal Year/Work Program Year
Project # Project Name
1 Daytona Drainage Improvements Future Project
2 Various Citywide Pedestrian Intersection Improvements Future Project 3 9080 Electrical Utility Undergrounding Future Project 4 9012 Armitos Avenue Bridge Future Project
5 Fairview Avenue On‐Ramp Caltrans Restriping Future Project 6 Hollister Safety Improvements between Storke and Entrance Road Future Project 7 Sidewalk along Glenn Annie from Norte To Cathedral Oaks Future Project 8 Traffic Calming treatments in Old Town, northerly of Hollister Avenue Future Project 9 Traffic Calming treatment in the Kellogg Neighborhood Future Project 10 Bike Path northerly of Fairview Gardens Future Project 11 Ped/Bike bridge over Highway 101 (amend an existing project to build a vehicle bridge)
12 Ped/Bike bridge over San Jose Creek on Armitos Avenue (amend an existing project to build a vehicle bridge)
13 Future Project
Other Future Project List
DRAFT
113 of 289
Five Year Summary by Fund
Funds Prior Year Actuals FY 2023/24 Actuals FY 2023/24 Carryovers FY 2024/25 Proposed FY 2025/26 Proposed FY 2026/27 Proposed FY 2027/28 Proposed FY 2028/29 + Future Yrs Proposed Total Project Cost Cost to Complete 101 -General
9002-Ekwill Street & Fowler Road Extensions Project - - 10,112,493 - - - - 10,112,493 - 10,112,493 9025-Fire Station No. 10 1,251,675 - - - - - - - 1,251,675 - 9031-Old Town Sidewalk Improvement Project 756,233 - - - - - - - 756,233 - 9033-Hollister Avenue Bridge Replacement - - 295,760 766,900 1,542,700 - - - 2,605,360 2,605,360 9053-Cathedral Oaks Crib Wall Interim Repair Project 252,509 221,608 832,899 - - - - - 1,307,016 832,899 9056-LED Street Lighting Project 857,993 25,691 46,316 - - - - - 930,000 46,316 9064-Reclaimed Water Service to Evergreen Park - - - - - - - - - - 9065-Reclaimed Water Service to Bella Vista Park - - - - - - - - - - 9066-Miscellaneous Park Improvements 11,649 - 1 - - - - - 11,650 1 9067-Goleta Community Center Seismic Upgrades 667,140 681,380 1,294,870 - - - - - 2,643,391 1,294,870 9079-Goleta Train Depot and S. La Patera Improvements 2,656,172 6,030 93,971 900,000 - - - - 3,656,172 993,971 9081-Covington Drainage System Improvements 19,854 - - - - - - - 19,854 - 9083-Traffic Signal Upgrades 8,151 - 328,749 - - - - - 336,900 328,749 9085-Goleta Storm Drain Master Plan - - - - - - - - - - 9086-Vision Zero Plan - - - - - - - - - -
9088-Rectangular Rapid Flashing Beacon (RRFB) Improvements at Sc 1,697 13,929 11,433 - - - - - 27,059 11,433 9089-Goleta Traffic Safety Study (GTSS) 24,974 - - - - - - - 24,974 - 9101-City Hall Purchase & Improvements 10,637,751 3,526 414,207 - - - - 11,055,483 - 414,207 9103-Citywide School Zones Signage & Striping Evaluation - - - - - - - - - - 9104-Citywide Evaluation of Existing Traffic Signals - - - - - - - - - - 9107-Old Town South Fairview Avenue, High Flow Trash Capture Devi - - - - - - - - - - 9112-Ellwood Mesa/Sperling Preserve Open Space Plan - 1,228 448,772 - - - 200,000 600,000 1,250,000 1,248,772 9113-Mathilda Park Improvements - - 199,698 - - - - - 199,698 199,698 9115-Public Works Corporation Yard Repairs 29,679 - 70,321 - 714,000 - - - 814,000 784,321 9117-San Jose Creek Channel Fish-Passage Modification Project 227,559 80,657 389,062 - 750,000 - - - 1,447,277 1,139,062 9119-Ellwood Beach Drive Drainage 8,641 14,649 219,710 - - - - - 243,000 219,7109120-Evergreen Park Drainage Repair 3,328 40,846 158,126 - - - - - 202,300 158,1269121-Goleta Community Center ADA Improvements 11,446 11,400 580,644 135,000 81,000 - - - 819,490 796,644 9122-City-Wide Open Space Management & Maintenance - - - - - - - - - - 9123-Lake Los Carneros Master Plan - - - - - - - - - -
9124-Fairview & Stow Canyon Traffic Signal - - - - - - - - - - 9125-Rectangular Rapid Flashing Beacons (RRFBs) Calle Real @ Jen - - - - - - - - - -
9127-Goleta Community Center Campus Refresh - - 100,000 150,000 - - - - 250,000 250,000 9128-Goleta Community Center Gazebo Area Improvements - - - - - - 150,000 - 150,000 150,000 9129-Goleta Community Center Parking Lot Improvements - - - - - 150,000 - - 150,000 150,000 9130-Goleta Valley Library ADA & Building Refresh - - 709,640 - - - - - 709,640 709,640 9131-Historic Train Station Preservation - - 250,000 50,000 50,000 - - - 350,000 350,000 9132-Lake Los Carneros Footbridge - - - - - - - - - -
9134-Facilities Capital Renewal (Proposed FY24/25) - - - - - - - - - - 9135-Stow House Preservation (Proposed FY24/25) - - - - - - - - - - 9136-Portable Replacement Project (Proposed FY24/25) - - - - - - 800,000 - 800,000 800,000 Total Cost 17,407,781 1,119,612 16,556,673 2,001,900 3,137,700 150,000 1,150,000 600,000 42,123,665 23,596,273 Total Sources 16,556,673 2,001,900 3,137,700 150,000 1,150,000 600,000 Net Available - - - - - -
102 -General Fund Reserves
9001-Hollister Avenue Complete Streets Corridor Plan 20,166 - - - - - - - 20,166 - 9002-Ekwill Street & Fowler Road Extensions Project 250,000 - - - - - - - 250,000 - 9033-Hollister Avenue Bridge Replacement 344 - - - - - - - 344 - Total Cost 270,509 - - - - - - - 270,509 -
Total Sources - - - - - -
Net Available - - - - - -
201 -Gas Tax
9002-Ekwill Street & Fowler Road Extensions Project - - 614,000 40,000 40,000 - - - 694,000 694,000 9114-Hollister Avenue Old Town Interim Striping Project - - - - - - - - - - 9125-Rectangular Rapid Flashing Beacons (RRFBs) Calle Real @ Jen - - - - - - - - - -
9133-Hollister Ave Sidewalk Improvement at Ellwood School Project - - 100,000 - - - - - 100,000 100,000 Total Cost - - 714,000 40,000 40,000 - - - 794,000 794,000 Total Sources 714,000 58,498 58,498 58,498 58,498 58,498 Net Available
DRAFT - 18,498 36,996 95,494 153,992 212,490
114 of 289
Five Year Summary by Fund
Funds Prior Year Actuals FY 2023/24 Actuals FY 2023/24 Carryovers FY 2024/25 Proposed FY 2025/26 Proposed FY 2026/27 Proposed FY 2027/28 Proposed FY 2028/29 + Future Yrs Proposed Total Project Cost Cost to Complete 202 -Transportation
9006-San Jose Creek Bike Path - Southern Extent - - 27,135 - - - - - 27,135 27,135 9007-San Jose Creek Bike Path - Middle Extent - 28,000 97 - - - - - 28,097 97 Total Cost - 28,000 27,232 - - - - - 55,232 27,232
Total Sources 27,232 44,400 44,400 44,400 44,400 44,400 Net Available 234,927 279,327 323,727 368,127 412,527 456,927 205 -Measure A
9001-Hollister Avenue Complete Streets Corridor Plan 74,654 - - - - - - - 74,654 - 9002-Ekwill Street & Fowler Road Extensions Project - - 1,325,292 - - - - - 1,325,292 1,325,292 9006-San Jose Creek Bike Path - Southern Extent 1,008 775 2,665,802 271,000 335,000 708,000 - - 3,981,584 3,979,802 9007-San Jose Creek Bike Path - Middle Extent - 160,000 0 - - - - - 160,000 0 9027-Goleta US 101 Overcrossing - - (13,684) - - - - - (13,684) (13,684) 9031-Old Town Sidewalk Improvement Project 954,195 - - - - - - - 954,195 - 9033-Hollister Avenue Bridge Replacement 82,875 4,400 52,725 220,000 550,000 - - - 910,000 822,725 9044-Hollister Widening, West of Storke Road 86,316 - 13,684 - - - - - 100,000 13,684 9053-Cathedral Oaks Crib Wall Interim Repair Project 142,632 - - 521,000 200,000 - - - 863,632 721,000 9071-Improvements to Athletic Field at GCC - - - - - - - - - - 9083-Traffic Signal Upgrades 216 - 94,784 - - - - - 95,000 94,784 9085-Goleta Storm Drain Master Plan - - 100,000 - - - - - 100,000 100,000 9086-Vision Zero Plan - - 10,000 - - - 486,000 - 496,000 496,000 9087-Crosswalk Pedestrian Hybrid Beacon (PHB) on Calle Real near E 61 119,713 67,726 - - - - - 187,500 67,726 9088-Rectangular Rapid Flashing Beacon (RRFB) Improvements at School Crosswalks 367,069 (1,697) - 56,080 - - - - 421,453 56,080 9089-Goleta Traffic Safety Study (GTSS) 4,426 - 46,299 - - - - - 50,725 46,299 9097-Fairview Corridor Study (Fowler Road to Calle Real) - - - - - - - 250,000 250,000 250,000 9099-Crosswalk at Calle Real/Fairview Center - Pedestrian Hybrid Beacon (PHB) 123,648 48,654 125,023 - - - - - 297,325 125,023 9102-Storke Road Corridor Study - - - - - - - - - -
9103-Citywide School Zones Signage & Striping Evaluation - - - - - - - - - - 9104-Citywide Evaluation of Existing Traffic Signals - - - - - - - - - - 9110-Hollister Class 1 Bike Path Lighting 35,188 (5,985) 324,471 - - - - - 353,674 324,471 9114-Hollister Avenue Old Town Interim Striping Project 175,769 10,190 68,749 - - - - - 254,708 68,749 9124-Fairview & Stow Canyon Traffic Signal - - - - - - - - - - 9125-Rectangular Rapid Flashing Beacons (RRFBs) Calle Real @ Jen - - - - - - - - - -
Total Cost 2,167,710 216,397 4,936,951 1,012,000 1,085,000 708,000 486,000 250,000 10,862,058 8,477,951 Total Sources 4,936,951 1,491,700 1,314,735 1,388,456 1,466,097 1,546,198 Net Available 860,764 1,340,464 1,570,199 2,250,655 3,230,752 4,526,950 206 -Measure A- Other
9002-Ekwill Street & Fowler Road Extensions Project - - 365,315 - - - - - 365,315 365,315 9006-San Jose Creek Bike Path - Southern Extent - - 438,378 - - - - - 438,378 438,378 9007-San Jose Creek Bike Path - Middle Extent - 168,320 13,000 - - - - - 181,320 13,000 9027-Goleta US 101 Overcrossing - - - - - - - - - -
9062-Storke Road/Hollister Avenue Transit, Bike/Ped, and Median Imp 67,116 - 355,834 - - - - - 422,950 355,834 9087-Crosswalk Pedestrian Hybrid Beacon (PHB) on Calle Real near E - 179,290 710 - - - - - 180,000 710 9088-Rectangular Rapid Flashing Beacon (RRFB) Improvements at Sc - 316,888 - - - - - - 316,888 - 9099-Crosswalk at Calle Real/Fairview Center - Pedestrian Hybrid Beacon (PHB) 248,988 (1,657) - 50,168 - - - - 297,500 50,168 9110-Hollister Class 1 Bike Path Lighting 21,141 17,213 386,043 - - - - - 424,397 386,043 9114-Hollister Avenue Old Town Interim Striping Project - - - - - - - - - - Total Cost 829,495 187,805 1,609,449 - - - - - 2,626,748 1,609,449 Total Sources 1,609,449 - - - - -
Net Available - - - - - -
208 -County Per Capita
9130-Goleta Valley Library ADA & Building Refresh - - 180,000 - - - - - 180,000 180,000 Total Cost - - 180,000 - - - - - 180,000 180,000
Total Sources 180,000 - - - - -
Net Available - - - - - -
DRAFT
115 of 289
Five Year Summary by Fund
Funds Prior Year Actuals FY 2023/24 Actuals FY 2023/24 Carryovers FY 2024/25 Proposed FY 2025/26 Proposed FY 2026/27 Proposed FY 2027/28 Proposed FY 2028/29 + Future Yrs Proposed Total Project Cost Cost to Complete 220 -Transportation Facilities DIF
9001-Hollister Avenue Complete Streets Corridor Plan 75,353 - - - - - - - 75,353 - 9002-Ekwill Street & Fowler Road Extensions Project 6,476,618 650,960 7,437,378 2,000,000 - - - 16,564,956 - 9,437,378 9006-San Jose Creek Bike Path - Southern Extent 3,028,184 246,963 1,454,518 - - - - - 4,729,665 1,454,518 9007-San Jose Creek Bike Path - Middle Extent 827,681 98,325 370,995 - - - - - 1,297,000 370,995 9027-Goleta US 101 Overcrossing 1,420,974 - 47,803 - - - - - 1,468,777 47,803 9031-Old Town Sidewalk Improvement Project 763,950 - - - - - - - 763,950 - 9033-Hollister Avenue Bridge Replacement 900,751 57,493 2,930,627 - - - - - 3,888,871 2,930,627 9042-Storke Road Widening, Phelps Road to City Limits 44,509 - 106,140 - - - - - 150,649 106,140 9044-Hollister Widening, West of Storke Road 15,691 - - - - - - - 15,691 - 9061-Cathedral Oaks Class I Multi-Use Path 1,360 - - - - - - - 1,360 - 9062-Storke Road/Hollister Avenue Transit, Bike/Ped, and Median Imp 26,082 - 133,077 - - - - - 159,159 133,077 9079-Goleta Train Depot and S. La Patera Improvements 49,900 - 100 - - - - - 50,000 100 9097-Fairview Corridor Study (Fowler Road to Calle Real) - - - - - - - - - - 9100-Hollister Avenue/Fairview Avenue Roundabout (Intersection Impr - - - - - - - - - - 9102-Storke Road Corridor Study - - - - - - - - - -
Total Cost 13,631,052 1,053,741 12,480,637 2,000,000 - - - 29,165,430 - 14,480,637 Total Sources 10,987,333 825,386 4,694,957 1,725,939 - 4,082,761 Net Available (1,493,304) (2,667,918) 3,752,978 2,027,039 3,752,978 7,835,739 221 -Parks & Recreation Facilities DIF
9063-Evergreen Park Improvements 21,494 - 258,506 - - - - - 280,000 258,506 9064-Reclaimed Water Service to Evergreen Park - - - - - - - - - - 9065-Reclaimed Water Service to Bella Vista Park 1,403 - 204,141 - - - - - 205,544 204,141 9066-Miscellaneous Park Improvements 700,212 - 22,288 - - - - - 722,500 22,288 9071-Improvements to Athletic Field at GCC 303,957 - 27,918 - - - - - 331,875 27,918 9074-Stow Grove Park Master Plan & Renovation 166,242 60,030 1,223,729 - 3,500,000 - - - 4,950,000 4,723,729 9078-Rancho La Patera Improvements 122,860 - 648,304 - - - - - 771,164 648,304 9084-Community Garden 255,620 1,529,139 428,384 - - - - - 2,213,144 428,3849093-San Miguel Park Improvements - - 275,000 - 400,000 - - - 675,000 675,000 9094-Santa Barbara Shores Park Improvements - - 305,000 - - - - - 305,000 305,000 9108-Winchester II Park 250,359 - 59,641 - - - - - 310,000 59,641 9111-Jonny D. Wallis Neighborhood Park Phase 2 - Splash Pad 107,003 738,899 1,578,644 - - - - - 2,424,547 1,578,644 9116-Pickleball Courts - - 100,000 - - - - - 100,000 100,000 9118-Ellwood Coastal Trails and Habitat Restoration - - - - - - - - - - Total Cost 1,929,151 2,328,068 5,131,555 - 3,900,000 - - 13,288,774 - 9,031,555 Total Sources 5,131,555 12,792 2,177,434 1,604,292 - 3,713,013 Net Available - 12,792 (1,709,774) (105,482) (105,482) 3,607,531 222 -Public Administration Development Fees
9025-Fire Station No. 10 92,637 - - - - - - - 92,637 -
9079-Goleta Train Depot and S. La Patera Improvements 2,324,344 - 17,030 - - - - - 2,341,374 17,030 9096-Orange Avenue Parking Lot 373,928 - - - - - - - 373,928 - 9101-City Hall Purchase & Improvements - - 42,279 - - - - - 42,279 42,279 Total Cost 2,790,910 - 59,309 - - - - - 2,850,218 59,309 Total Sources 49,544 3,300 428,500 335,000 - 420,700
Net Available (9,765) (6,465) 757,035 422,035 757,035 1,177,735 224 -Sheriff Facilities DIF
9101-City Hall Purchase & Improvements 934,877 - 168,002 - - - - - 1,102,880 168,002 Total Cost 934,877 - 168,002 - - - - - 1,102,880 168,002 Total Sources 142,419 - - - - -
Net Available (25,583) (25,583) (25,583) (25,583) (25,583) (25,583) 229 -Fire Development Fees
9025-Fire Station No. 10 127,899 4,437 4,830,701 - - - - - 4,963,037 4,830,701 Total Cost 127,899 4,437 4,830,701 - - - - - 4,963,037 4,830,701 Total Sources 3,635,198 5,400 243,500 140,300 - 167,700 Net Available
DRAFT (1,195,503) (1,190,103) (946,603) (806,303) (806,303) (638,603) 116 of 289
Five Year Summary by Fund
Funds Prior Year Actuals FY 2023/24 Actuals FY 2023/24 Carryovers FY 2024/25 Proposed FY 2025/26 Proposed FY 2026/27 Proposed FY 2027/28 Proposed FY 2028/29 + Future Yrs Proposed Total Project Cost Cost to Complete 230 -Long Range Development Plan
9001-Hollister Avenue Complete Streets Corridor Plan - - - - - - - - - - 9002-Ekwill Street & Fowler Road Extensions Project 804,313 34,463 5,147,934 - - - - - 5,986,710 5,147,934 9027-Goleta US 101 Overcrossing - - - - - - - - - -
9042-Storke Road Widening, Phelps Road to City Limits 223,773 - 383,716 - - - - - 607,489 383,716 9044-Hollister Widening, West of Storke Road 14,440 - 534,954 - - - - - 549,394 534,954 9062-Storke Road/Hollister Avenue Transit, Bike/Ped, and Median Improvements 137,694 23,072 109,369 - - - - - 270,136 109,369 Total Cost 1,180,220 57,536 6,175,974 - - - - - 7,413,729 6,175,974 Total Sources 6,175,974 - - - - -
Net Available (0) (0) (0) (0) (0) (0)
231 -Developer Agreement
9025-Fire Station No. 10 - - 270,000 - - - - - 270,000 270,000 9042-Storke Road Widening, Phelps Road to City Limits - - - - - - - - - - 9065-Reclaimed Water Service to Bella Vista Park 12,455 - - - - - - - 12,455 - 9078-Rancho La Patera Improvements 23,836 - - - - - - - 23,836 - 9079-Goleta Train Depot and S. La Patera Improvements 2,031,178 - - - - - - - 2,031,178 - Total Cost 2,067,469 - 270,000 - - - - - 2,337,469 270,000 Total Sources 270,000 - - - - -
Net Available - - - - - -
232 -County Fire DIF
9025-Fire Station No. 10 1,010,958 21,333 551,107 - - - - - 1,583,397 551,107 Total Cost 1,010,958 21,333 551,107 - - - - - 1,583,397 551,107 Total Sources 551,107 - - - - -
Net Available - - - - - -
233 -OBF SCE
9056-LED Street Lighting Project 153,589 - - - - - - - 153,589 - Total Cost 153,589 - - - - - - - 153,589 -
Total Sources - - - - - -
Net Available - - - - - -
234 -Storm Drain DIF
9033-Hollister Avenue Bridge Replacement - - 100,000 - - - - - 100,000 100,000 9085-Goleta Storm Drain Master Plan - - 100,000 - - - - - 100,000 100,000 9105-Ellwood Beach Drive Drainage Infrastructure Replacement - - - - - - - - - - 9106-Phelps Ditch Flood Control Channel Trash Control Structure - - 50,000 - - - - - 50,000 50,000 9107-Old Town South Fairview Avenue, High Flow Trash Capture Devi 26,413 4,700 618,887 - - - - - 650,000 618,887 9119-Ellwood Beach Drive Drainage - - - - - - - - - -
Total Cost 26,413 4,700 868,887 - - - - - 900,000 868,887 Total Sources 726,040 13,500 312,800 47,400 - 8,800
Net Available (142,847) (129,347) 230,853 183,453 230,853 239,653 235 -Bicycle & Pedestrian DIF
9006-San Jose Creek Bike Path - Southern Extent - - - - - - - - - - 9079-Goleta Train Depot and S. La Patera Improvements 200,000 - - - - - - - 200,000 - Total Cost 200,000 - - - - - - - 200,000 -
Total Sources 272,204 3,300 105,400 11,700 - 2,200
Net Available 272,204 275,504 380,904 392,604 392,604 394,804 301 -State Park Grant
9113-Mathilda Park Improvements - - 177,952 - - - - - 177,952 177,952 Total Cost - - 177,952 - - - - - 177,952 177,952
Total Sources 177,952 - - - - -
Net Available - - - - - -
305 -RSTP - State Grant
9001-Hollister Avenue Complete Streets Corridor Plan 250,000 - - - - - - - 250,000 - 9006-San Jose Creek Bike Path - Southern Extent 20,538 - 10,150 - - - - - 30,689 10,150 9007-San Jose Creek Bike Path - Middle Extent 845,319 - - - - - - - 845,319 - Total Cost 1,115,857 - 10,150 - - - - - 1,126,008 10,150 Total Sources 10,150 - - - - -
Net Available
DRAFT
- - - - - -
117 of 289
Five Year Summary by Fund
Funds Prior Year Actuals FY 2023/24 Actuals FY 2023/24 Carryovers FY 2024/25 Proposed FY 2025/26 Proposed FY 2026/27 Proposed FY 2027/28 Proposed FY 2028/29 + Future Yrs Proposed Total Project Cost Cost to Complete 307 -Environmental Justice
9001-Hollister Avenue Complete Streets Corridor Plan 16,929 - - - - - - - 16,929 - Total Cost 16,929 - - - - - - 16,929 -
Total Sources - - - - - -
Net Available - - - - - -
308 -STIP/STIP-TE – State Grant
9002-Ekwill Street & Fowler Road Extensions Project 4,450,320 11,372,000 - - - - - 15,822,321 - 11,372,000 Total Cost 4,450,320 11,372,000 - - - - - 15,822,321 - 11,372,000 Total Sources 11,372,000 - - - - -
Net Available - - - - - -
311 - Misc Grant
9099-Crosswalk at Calle Real/Fairview Center - Pedestrian Hybrid Bea 232,130 47,561 20,309 - - - - - 300,000 20,309 9118-Ellwood Coastal Trails and Habitat Restoration - - 208,500 - - - - - 208,500 208,500 9126-Pickleball Entry/Waiting area at GCC - - 50,000 - - - - - 50,000 50,000 Total Cost 232,130 47,561 278,809 - - - - - 558,500 278,809 Total Sources 278,809 - - - - -
Net Available - - - - - -
317 -SSARP Grant
9089-Goleta Traffic Safety Study (GTSS) 278,482 - (482) - - - - - 278,000 (482) Total Cost 278,482 - (482) - - - - - 278,000 (482)
Total Sources (482) - - - - -
Net Available - - - - - -
318 -ATP – State
9006-San Jose Creek Bike Path - Southern Extent - 2,399,316 919,684 14,641,000 - - - 17,960,000 - 15,560,684 9007-San Jose Creek Bike Path - Middle Extent - - - - - - - - - - 9031-Old Town Sidewalk Improvement Project 2,198,755 - 25,245 - - - - - 2,224,000 25,245 Total Cost 2,198,755 2,399,316 944,928 14,641,000 - - - 20,184,000 - 15,585,928 Total Sources 944,928 14,641,000 - - - -
Net Available - - - - - -
319 -Housing & Community Development State Fund
9071-Improvements to Athletic Field at GCC 269,234 - - - - - - - 269,234 - Total Cost 269,234 - - - - - - - 269,234 -
Total Sources - - - - - -
Net Available - - - - - -
321 - TIRCP
9079-Goleta Train Depot and S. La Patera Improvements 2,430,809 275,236 15,055,228 - - - - 17,761,273 - 15,055,228 Total Cost 2,430,809 275,236 15,055,228 - - - - 17,761,273 - 15,055,228 Total Sources 15,055,228 - - - - -
Net Available - - - - - -
322 - MBHMP
9112-Ellwood Mesa/Sperling Preserve Open Space Plan 1,594,630 137,505 2,259,750 - - - - - 3,991,884 2,259,750 9118-Ellwood Coastal Trails and Habitat Restoration - - - - - - - - - - Total Cost 1,594,630 137,505 2,259,750 - - - - - 3,991,884 2,259,750 Total Sources 2,259,750 - - - - -
Net Available - - - - - -
325 - California State Library
9130-Goleta Valley Library ADA & Building Refresh - - 4,278,560 - - - - - 4,278,560 4,278,560 Total Cost - - 4,278,560 - - - - - 4,278,560 4,278,560
Total Sources 4,278,560 - - - - -
Net Available

DRAFT - - - - - -
118 of 289
Five Year Summary by Fund
Funds Prior Year Actuals FY 2023/24 Actuals FY 2023/24 Carryovers FY 2024/25 Proposed FY 2025/26 Proposed FY 2026/27 Proposed FY 2027/28 Proposed FY 2028/29 + Future Yrs Proposed Total Project Cost Cost to Complete 401 -HBP Federal Grant
9033-Hollister Avenue Bridge Replacement 5,260,570 228,657 18,816,608 - - - - 24,305,835 - 18,816,608 Total Cost 5,260,570 228,657 18,816,608 - - - - 24,305,835 - 18,816,608 Total Sources 18,816,608 - - - - -
Net Available - - - - - -
402 -Community Development Block Grant
9001-Hollister Avenue Complete Streets Corridor Plan 30,000 - - - - - - - 30,000 - 9002-Ekwill Street & Fowler Road Extensions Project 97,000 - - - - - - - 97,000 - 9007-San Jose Creek Bike Path - Middle Extent 355,928 - - - - - - - 355,928 - 9031-Old Town Sidewalk Improvement Project 153,958 - - - - - - - 153,958 - 9067-Goleta Community Center Seismic Upgrades 48,677 - - - - - - - 48,677 - 9113-Mathilda Park Improvements 14,271 66,129 66,201 - - - - - 146,602 66,201 9121-Goleta Community Center ADA Improvements 135,225 76,633 90,222 25,000 25,000 - - - 352,079 140,222 9126-Pickleball Entry/Waiting area at GCC - 6,240 128,760 - - - - - 135,000 128,760 9127-Goleta Community Center Campus Refresh - - 54,431 - - - - - 54,431 54,431 Total Cost 835,060 149,002 339,615 25,000 25,000 - - - 1,373,676 389,615 Total Sources 339,615 25,000 25,000 - - -
Net Available - - - - - -
403 -Environmental Justice
9001-Hollister Avenue Complete Streets Corridor Plan 28,821 - - - - - - - 28,821 - Total Cost 28,821 - - - - - - - 28,821 -
Total Sources - - - - - -
Net Available - - - - - -
404 -STIP
9002-Ekwill Street & Fowler Road Extensions Project 670,187 - - - - - - - 670,187 - Total Cost 670,187 - - - - - - - 670,187 -
Total Sources - - - - - -
Net Available - - - - - -
407 -TCSP – Federal
9006-San Jose Creek Bike Path - Southern Extent 76,510 - - - - - - - 76,510 - Total Cost 76,510 - - - - - - - 76,510 -
Total Sources - - - - - -
Net Available - - - - - -
417 -Highway Safety Improvement Program
9083-Traffic Signal Upgrades 258,197 - 2,861,904 - - - - - 3,120,100 2,861,904 Total Cost - 258,197 2,861,904 - - - - - 3,120,100 2,861,904 Total Sources 2,861,904 - - - - -
Net Available - - - - - -
419 -TIGER
9001-Hollister Avenue Complete Streets Corridor Plan 236,000 - - - - - - - 236,000 - Total Cost 236,000 - - - - - - - 236,000 -
Total Sources - - - - - -
Net Available - - - - - -
420 - FHWA - FEMA Reimb
9053-Cathedral Oaks Crib Wall Interim Repair Project - - 87,746 - - - - - 87,746 87,746 Total Cost - - 87,746 - - - - - 87,746 87,746
Total Sources 87,746 - - - - -
Net Available - - - - - -
421 - FEMA HMGP Grant
9067-Goleta Community Center Seismic Upgrades 1,340,118 1,637,615 945,149 - - - - - 3,922,882 945,149 Total Cost 1,340,118 1,637,615 945,149 - - - - - 3,922,882 945,149 Total Sources 945,149 - - - - -
Net Available

DRAFT - - - - - -
119 of 289
Five Year Summary by Fund
Funds Prior Year Actuals FY 2023/24 Actuals FY 2023/24 Carryovers FY 2024/25 Proposed FY 2025/26 Proposed FY 2026/27 Proposed FY 2027/28 Proposed FY 2028/29 + Future Yrs Proposed Total Project Cost Cost to Complete 423 - ARPA
9002-Ekwill Street & Fowler Road Extensions Project - - 4,933,990 - - - - - 4,933,990 4,933,990 9053-Cathedral Oaks Crib Wall Interim Repair Project - - - - - - - - - - Total Cost - - 4,933,990 - - - - - 4,933,990 4,933,990
Total Sources 4,933,990 - - - - -
Net Available - - - - - -
424 - Community Project Funding
9121-Goleta Community Center ADA Improvements - - 3,000,000 - - - - - 3,000,000 3,000,000 Total Cost - - 3,000,000 - - - - - 3,000,000 3,000,000
Total Sources 3,000,000 - - - - -
Net Available - - - - - -
501 - Library Services
9130-Goleta Valley Library ADA & Building Refresh - - 180,000 - - - - - 180,000 180,000 Total Cost - - 180,000 - - - - - 180,000 180,000
Total Sources 180,000 940,500 940,500 940,500 940,500 940,500 Net Available - 940,500 1,881,000 2,821,500 3,762,000 4,702,500 502 - Street Lighting
9056-LED Street Lighting Project 192,000 - 18,000 - - - - - 210,000 18,000 Total Cost 192,000 - 18,000 - - - - - 210,000 18,000
Total Sources 18,000 (632,500) (632,500) (632,500) (632,500) (632,500) Net Available - (632,500) (1,265,000) (1,897,500) (2,530,000) (3,162,500) 601 -Redevelopment Project Fund
9001-Hollister Avenue Complete Streets Corridor Plan 360,610 - - - - - - - 360,610 - 9002-Ekwill Street & Fowler Road Extensions Project 654,318 - - - - - - - 654,318 - 9006-San Jose Creek Bike Path - Southern Extent 24,829 - - - - - - - 24,829 - 9033-Hollister Avenue Bridge Replacement 9,502 - - - - - - - 9,502 - Total Cost 1,049,259 - - - - - - - 1,049,259 -
Total Sources - - - - - - -
Net Available - - - - - -
608 - IBank
9101-City Hall Purchase & Improvements - - - - - - - - - - Total Cost - - - - - - - - - -
Total Sources - - - - - -
Net Available - - - - - -
DRAFT
120 of 289
Five Year Summary by Fund
Funds Prior Year Actuals FY 2023/24 Actuals FY 2023/24 Carryovers FY 2024/25 Proposed FY 2025/26 Proposed FY 2026/27 Proposed FY 2027/28 Proposed FY 2028/29 + Future Yrs Proposed Total Project Cost Cost to Complete 995 -TBD - Other Grants / Sources
9002-Ekwill Street & Fowler Road Extensions Project - - - 4,207,000 4,207,000 - - 728,959 9,142,959 9,142,959 9006-San Jose Creek Bike Path - Southern Extent - - - 734,933 - - - - 734,933 734,933 9033-Hollister Avenue Bridge Replacement - - - - - - - - - - 9053-Cathedral Oaks Crib Wall Interim Repair Project - - - - - - - - - - 9062-Storke Road/Hollister Avenue Transit, Bike/Ped, and Median Imp - - - - - - - - - - 9063-Evergreen Park Improvements - - - - - - - - - -
9064-Reclaimed Water Service to Evergreen Park - - - - - - - 530,000 530,000 530,000 9067-Goleta Community Center Seismic Upgrades - - - - - - - - - - 9074-Stow Grove Park Master Plan & Renovation - - - - - - - - - - 9085-Goleta Storm Drain Master Plan - - - - - - - - - - 9101-City Hall Purchase & Improvements - - - - 1,949,276 - - - 1,949,276 1,949,2769107-Old Town South Fairview Avenue, High Flow Trash Capture Devi - - - - 2,052,000 - - - 2,052,000 2,052,000 9109-Ward Drive Sidewalk Infill - - - - - - - 604,800 604,800 604,800 9111-Jonny D. Wallis Neighborhood Park Phase 2 - Splash Pad - - - - - - - - - - 9114-Hollister Avenue Old Town Interim Striping Project - - - - - - - - - - 9117-San Jose Creek Channel Fish-Passage Modification Project - - - - - - - - - - 9118-Ellwood Coastal Trails and Habitat Restoration - - - - - - - - - - 9119-Ellwood Beach Drive Drainage - - - - - - - - - -
9120-Evergreen Park Drainage Repair - - - - - - - - - - 9121-Goleta Community Center ADA Improvements - - - - - - - - - - 9130-Goleta Valley Library ADA & Building Refresh - - - - - - - - - - 9131-Historic Train Station Preservation - - - - 700,000 - - - 700,000 700,000 9132-Lake Los Carneros Footbridge - - - - 1,050,000 - - - 1,050,000 1,050,000 Total Cost - - - 4,941,933 9,958,276 - - 1,863,759 16,763,968 16,763,968 Total Sources 4,941,933 9,958,276 - - 1,863,759
Net Available - - - - - -
DRAFT
121 of 289
Five Year Summary by Fund
Funds Prior Year Actuals FY 2023/24 Actuals FY 2023/24 Carryovers FY 2024/25 Proposed FY 2025/26 Proposed FY 2026/27 Proposed FY 2027/28 Proposed FY 2028/29 + Future Yrs Proposed Total Project Cost Cost to Complete 999 -Unfunded
9001-Hollister Avenue Complete Streets Corridor Plan - - - - - - - 8,659,200 8,659,200 8,659,200 9002-Ekwill Street & Fowler Road Extensions Project - - - - - - - - - - 9006-San Jose Creek Bike Path - Southern Extent - - - 4,000,000 12,941,276 2,292,000 - 19,233,276 - 19,233,276 9007-San Jose Creek Bike Path - Middle Extent - - - - - - - - - - 9025-Fire Station No. 10 - - - - - 17,409,820 - 17,409,820 - 17,409,820 9027-Goleta US 101 Overcrossing - - - - - - 273,544,908 - 273,544,908 273,544,908 9033-Hollister Avenue Bridge Replacement - - - - - - - - - - 9042-Storke Road Widening, Phelps Road to City Limits - - - - - - 12,116,002 - 12,116,002 12,116,002 9044-Hollister Widening, West of Storke Road - - - - - - - 3,506,115 3,506,115 3,506,115 9053-Cathedral Oaks Crib Wall Interim Repair Project - - 15,511,770 - - - - 15,511,770 - 15,511,770 9056-LED Street Lighting Project - - - - - - - - - -
9061-Cathedral Oaks Class I Multi-Use Path - - - - - 21,214,640 - 21,214,640 - 21,214,640 9062-Storke Road/Hollister Avenue Transit, Bike/Ped, and Median Imp - - - 939,955 - - - - 939,955 939,955 9063-Evergreen Park Improvements - - - - - 5,000,000 - - 5,000,000 5,000,0009064-Reclaimed Water Service to Evergreen Park - - - - - - - 310,000 310,000 310,000 9065-Reclaimed Water Service to Bella Vista Park - - - - - - - 626,800 626,800 626,800 9067-Goleta Community Center Seismic Upgrades - - - - - - - - - - 9074-Stow Grove Park Master Plan & Renovation - - - - 4,500,000 - - - 4,500,000 4,500,000 9078-Rancho La Patera Improvements - - - - - - 12,957,000 - 12,957,000 12,957,000 9081-Covington Drainage System Improvements - - - - - - - 9,549,246 9,549,246 9,549,246 9083-Traffic Signal Upgrades - - - - - - - - - -
9085-Goleta Storm Drain Master Plan - - - - - - - - - - 9086-Vision Zero Plan - - - - 1,215,000 537,500 51,500 - 1,804,000 1,804,0009089-Goleta Traffic Safety Study (GTSS) - - - - - - - - - - 9096-Orange Avenue Parking Lot - - - - - - - - - -
9097-Fairview Corridor Study (Fowler Road to Calle Real) - - - - - - - 50,000 50,000 50,000 9099-Crosswalk at Calle Real/Fairview Center - Pedestrian Hybrid Bea - - - - - - - - - - 9100-Hollister Avenue/Fairview Avenue Roundabout (Intersection Impr - - - - - - 12,416,000 - 12,416,000 12,416,000 9101-City Hall Purchase & Improvements - - - - - - - - - - 9102-Storke Road Corridor Study - - - - - - - 641,225 641,225 641,225 9103-Citywide School Zones Signage & Striping Evaluation - - - - - 196,950 - - 196,950 196,950 9104-Citywide Evaluation of Existing Traffic Signals - - - - - - - 363,200 363,200 363,200 9105-Ellwood Beach Drive Drainage Infrastructure Replacement - - - - - - 966,000 - 966,000 966,000 9106-Phelps Ditch Flood Control Channel Trash Control Structure - - - - - - 3,118,000 - 3,118,000 3,118,000 9107-Old Town South Fairview Avenue, High Flow Trash Capture Devi - - - - - 1,026,000 1,026,000 - 2,052,000 2,052,000 9108-Winchester II Park - - - - - - - - - -
9109-Ward Drive Sidewalk Infill - - - - - - - - - -
9110-Hollister Class 1 Bike Path Lighting - - - - - - 600,784 - 600,784 600,784 9112-Ellwood Mesa/Sperling Preserve Open Space Plan - - - - - 5,666,226 50,000 - 5,716,226 5,716,2269113-Mathilda Park Improvements - - - - - - - - - - 9114-Hollister Avenue Old Town Interim Striping Project - - - - - - - - - - 9115-Public Works Corporation Yard Repairs - - - - - - - - - - 9116-Pickleball Courts - - - - - - - - - -
9117-San Jose Creek Channel Fish-Passage Modification Project - - - - 1,992,723 - - - 1,992,723 1,992,723 9118-Ellwood Coastal Trails and Habitat Restoration - - - - 4,186,500 - - - 4,186,500 4,186,5009119-Ellwood Beach Drive Drainage - - - - 871,200 - - - 871,200 871,200 9120-Evergreen Park Drainage Repair - - - - - - - - - - 9121-Goleta Community Center ADA Improvements - - - - - - - - - - 9122-City-Wide Open Space Management & Maintenance - - - - 360,000 - - - 360,000 360,000 9123-Lake Los Carneros Master Plan - - - - 750,000 - - - 750,000 750,000 9124-Fairview & Stow Canyon Traffic Signal - - - - 532,000 1,264,850 - - 1,796,850 1,796,850 9125-Rectangular Rapid Flashing Beacons (RRFBs) Calle Real @ Jen - - - - 217,800 - - - 217,800 217,800
9127-Goleta Community Center Campus Refresh - - - - - - - - - - 9128-Goleta Community Center Gazebo Area Improvements - - - - - - 5,000 - 5,000 5,000 9129-Goleta Community Center Parking Lot Improvements - - - - - 480,000 - - 480,000 480,000 9133-Hollister Ave Sidewalk Improvement at Ellwood School Project - - - - 942,800 - - - 942,800 942,800 9134-Facilities Capital Renewal (Proposed FY24/25) - - - - 3,813,742 2,051,049 3,002,007 3,152,107 12,018,905 12,018,905 9135-Stow House Preservation (Proposed FY24/25) - - - - - 200,000 - - 200,000 200,000 9136-Portable Replacement Project (Proposed FY24/25) - - - - - - - - - - Total Cost - - 20,451,725 - 32,323,041 18,714,575 47,443,751 337,891,803 456,824,895 456,824,895 Total Sources
Net Available

DRAFT -
122 of 289
Five Year Summary by Fund
Funds Prior Year Actuals FY 2023/24 Actuals FY 2023/24 Carryovers FY 2024/25 Proposed FY 2025/26 Proposed FY 2026/27 Proposed FY 2027/28 Proposed FY 2028/29 + Future Yrs Proposed Total Project Cost Cost to Complete Grand Total Cost 10,154,716 67,003,704 120,120,383 30,472,558 65,110,017 19,572,575 49,079,751 340,605,562 702,119,265 624,960,846 Grand Total Sources 9,735,109 117,525,584 37,450,200 5,813,985 3,026,995 12,816,029 Net Available (1,499,108) (22,236,557) (49,896,374) (63,654,964) (109,707,720) (437,497,253) DRAFT
123 of 289
Five Year Summary by Project
Project
Prior Year
Actuals
FY 2023/24
Amended
FY 2023/24
Carryovers
FY 2024/25
Proposed
FY 2025/26
Proposed
FY 2026/27
Proposed
FY 2027/28
Proposed
FY 2028/29 +
Future Yrs
Proposed
Sum of Total
Project Costs
Sum of Costs To
Complete
9001‐Hollister Avenue Complete Streets Corridor Plan
102‐General Fund Reserves $ 20,166 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 20,166 $ ‐ 205‐Measure A $ 74,654 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 74,654 $ ‐ 220‐Transportation Facilities DIF $ 75,353 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 75,353 $ ‐ 230‐Long Range Development Plan ‐ $ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 305‐RSTP ‐ State Grant $ 250,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 250,000 $ ‐ 307‐Environmental Justice $ 16,929 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 16,929 $ ‐ 402‐Community Development Block Grant $ 30,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 30,000 $ ‐ 403‐Environmental Justice $ 28,821 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 28,821 $ ‐ 419‐TIGER $ 236,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 236,000 $ ‐ 601‐Redevelopment Project Fund $ 360,610 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 360,610 $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 8,659,200 $ 8,659,200 $ 8,659,200 9001‐Hollister Avenue Complete Streets Corridor Plan Total 1,092,533 $ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 8,659,200 $ 9,751,733 $ 8,659,200 9002‐Ekwill Street & Fowler Road Extensions Project
101‐General $ ‐ $ ‐ $ 10,112,493 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 10,112,493 $ 10,112,493 102‐General Fund Reserves $ 250,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 250,000 $ ‐ 201‐Gas Tax $ ‐ $ ‐ $ 614,000 $ 40,000 $ 40,000 $ ‐ $ ‐ $ ‐ $ 694,000 $ 694,000 205‐Measure A $ ‐ $ ‐ $ 1,325,292 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,325,292 $ 1,325,292 206‐Measure A‐ Other $ ‐ $ ‐ $ 365,315 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 365,315 $ 365,315 220‐Transportation Facilities DIF $ 6,476,618 $ 650,960 $ 7,437,378 $ 2,000,000 $ ‐ $ ‐ $ ‐ $ ‐ $ 16,564,956 $ 9,437,378 230‐Long Range Development Plan $ 804,313 $ 34,463 $ 5,147,934 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 5,986,710 $ 5,147,934 308‐STIP – State Grant $ 4,450,320 $ ‐ $ 11,372,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 15,822,321 $ 11,372,000 402‐Community Development Block Grant $ 97,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 97,000 $ ‐ 404‐STIP $ 670,187 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 670,187 $ ‐ 423‐ARPA $ ‐ $ ‐ $ 4,933,990 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 4,933,990 $ 4,933,990 601‐Redevelopment Project Fund $ 654,318 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 654,318 $ ‐ 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ 4,207,000 $ 4,207,000 $ ‐ $ ‐ $ 728,959 $ 9,142,959 $ 9,142,959999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 9002‐Ekwill Street & Fowler Road Extensions Project Total $ 13,402,756 $ 685,423 $ 41,308,403 $ 6,247,000 $ 4,247,000 $ ‐ $ ‐ $ 728,959 $ 66,619,541 $ 52,531,362 9006‐San Jose Creek Bike Path ‐ Southern Extent
202‐Transportation $ ‐ $ ‐ $ 27,135 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 27,135 $ 27,135 205‐Measure A $ 1,008 $ 775 $ 2,665,802 $ 271,000 $ 335,000 $ 708,000 $ ‐ $ ‐ $ 3,981,584 $ 3,979,802 206‐Measure A‐ Other $ ‐ $ ‐ $ 438,378 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 438,378 $ 438,378 220‐Transportation Facilities DIF $ 3,028,184 $ 246,963 $ 1,454,518 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 4,729,665 $ 1,454,518 235‐Bicycle & Pedestrian DIF $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 305‐RSTP ‐ State Grant $ 20,538 $ ‐ $ 10,150 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 30,689 $ 10,150 318‐ATP – State $ ‐ $ 2,399,316 $ 919,684 $ ‐ $ 14,641,000 $ ‐ $ ‐ $ ‐ $ 17,960,000 $ 15,560,684 407‐TCSP – Federal $ 76,510 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 76,510 $ ‐ 601‐Redevelopment Project Fund $ 24,829 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 24,829 $ ‐ 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ 734,933 $ ‐ $ ‐ $ ‐ $ ‐ $ 734,933 $ 734,933 999‐Unfunded $ ‐ $ ‐ $ ‐ $ 4,000,000 $ 12,941,276 $ 2,292,000 $ ‐ $ ‐ $ 19,233,276 $ 19,233,276 9006‐San Jose Creek Bike Path ‐ Southern Extent Total $ 3,151,070 $ 2,647,054 $ 5,515,667 $ 5,005,933 $ 27,917,276 $ 3,000,000 $ ‐ $ ‐ $ 47,237,000 $ 41,438,876 9007‐San Jose Creek Bike Path  ‐ Middle Extent
202‐Transportation $ ‐ $ 28,000 $ 97 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 28,097 $ 97 205‐Measure A $ ‐ $ 160,000 $ 0 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 160,000 $ 0 206‐Measure A‐ Other $ ‐ $ 168,320 $ 13,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 181,320 $ 13,000 220‐Transportation Facilities DIF $ 827,681 $ 98,325 $ 370,995 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,297,000 $ 370,995 305‐RSTP ‐ State Grant $ 845,319 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 845,319 $ ‐ 318‐ATP – State $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 402‐Community Development Block Grant $ 355,928 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 355,928 $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9007‐San Jose Creek Bike Path  ‐ Middle Extent Total
DRAFT
$ 2,028,927 $ 454,644 $ 384,092 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 2,867,664 $ 384,092 124 of 289
Five Year Summary by Project
Project
Prior Year
Actuals
FY 2023/24
Amended
FY 2023/24
Carryovers
FY 2024/25
Proposed
FY 2025/26
Proposed
FY 2026/27
Proposed
FY 2027/28
Proposed
FY 2028/29 +
Future Yrs
Proposed
Sum of Total
Project Costs
Sum of Costs To
Complete
9025‐Fire Station No. 10
101‐General $ 1,251,675 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,251,675 $ ‐ 222‐Public Administration Development Fees $ 92,637 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 92,637 $ ‐ 229‐Fire Development Fees $ 127,899 $ 4,437 $ 4,830,701 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 4,963,037 $ 4,830,701 231‐Developer Agreement $ ‐ $ ‐ $ 270,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 270,000 $ 270,000 232‐County Fire DIF $ 1,010,958 $ 21,333 $ 551,107 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,583,397 $ 551,107 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 17,409,820 $ ‐ $ 17,409,820 $ 17,409,820 9025‐Fire Station No. 10 Total $ 2,483,168 $ 25,770 $ 5,651,808 $ ‐ $ ‐ $ ‐ $ 17,409,820 $ ‐ $ 25,570,566 $ 23,061,628 9027‐Goleta US 101 Overcrossing
205‐Measure A $ ‐ $ ‐ $ (13,684) $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ (13,684) $ (13,684) 206‐Measure A‐ Other $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 220‐Transportation Facilities DIF $ 1,420,974 $ ‐ $ 47,803 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,468,777 $ 47,803 230‐Long Range Development Plan ‐ $ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 273,544,908 $ 273,544,908 $ 273,544,908 9027‐Goleta US 101 Overcrossing Total $ 1,420,974 $ ‐ $ 34,118 $ ‐ $ ‐ $ ‐ $ ‐ $ 273,544,908 $ 275,000,000 $ 273,579,026 9031‐Old Town Sidewalk Improvement Project
101‐General $ 756,233 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 756,233 $ ‐ 205‐Measure A $ 954,195 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 954,195 $ ‐ 220‐Transportation Facilities DIF $ 763,950 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 763,950 $ ‐ 318‐ATP – State $ 2,198,755 $ ‐ $ 25,245 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 2,224,000 $ 25,245 402‐Community Development Block Grant $ 153,958 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 153,958 $ ‐ 9031‐Old Town Sidewalk Improvement Project Total $ 4,827,092 $ ‐ $ 25,245 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 4,852,336 $ 25,245 9033‐Hollister Avenue Bridge Replacement
101‐General $ ‐ $ ‐ $ 295,760 $ 766,900 $ 1,542,700 $ ‐ $ ‐ $ ‐ $ 2,605,360 $ 2,605,360 102‐General Fund Reserves $ 344 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 344 $ ‐ 205‐Measure A $ 82,875 $ 4,400 $ 52,725 $ 220,000 $ 550,000 $ ‐ $ ‐ $ ‐ $ 910,000 $ 822,725 220‐Transportation Facilities DIF $ 900,751 $ 57,493 $ 2,930,627 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 3,888,871 $ 2,930,627234‐Storm Drain DIF $ ‐ $ ‐ $ 100,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 100,000 $ 100,000 401‐HBP Federal Grant $ 5,260,570 $ 228,657 $ 18,816,608 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 24,305,835 $ 18,816,608 601‐Redevelopment Project Fund $ 9,502 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 9,502 $ ‐ 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9033‐Hollister Avenue Bridge Replacement Total $ 6,254,041 $ 290,550 $ 22,195,720 $ 986,900 $ 2,092,700 $ ‐ $ ‐ $ ‐ $ 31,819,911 $ 25,275,320 9042‐Storke Road Widening, Phelps Road to City Limits
220‐Transportation Facilities DIF $ 44,509 $ ‐ $ 106,140 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 150,649 $ 106,140 230‐Long Range Development Plan $ 223,773 $ ‐ $ 383,716 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 607,489 $ 383,716 231‐Developer Agreement $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 12,116,002 $ 12,116,002 $ 12,116,002 9042‐Storke Road Widening, Phelps Road to City Limits Total $ 268,281 $ ‐ $ 489,856 $ ‐ $ ‐ $ ‐ $ ‐ $ 12,116,002 $ 12,874,140 $ 12,605,858 9044‐Hollister Widening, West of Storke Road
205‐Measure A $ 86,316 $ ‐ $ 13,684 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 100,000 $ 13,684 220‐Transportation Facilities DIF $ 15,691 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 15,691 $ ‐ 230‐Long Range Development Plan $ 14,440 $ ‐ $ 534,954 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 549,394 $ 534,954 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 3,506,115 $ 3,506,115 $ 3,506,115 9044‐Hollister Widening, West of Storke Road Total $ 116,446 $ ‐ $ 548,638 $ ‐ $ ‐ $ ‐ $ ‐ $ 3,506,115 $ 4,171,200 $ 4,054,753 DRAFT
125 of 289
Five Year Summary by Project
Project
Prior Year
Actuals
FY 2023/24
Amended
FY 2023/24
Carryovers
FY 2024/25
Proposed
FY 2025/26
Proposed
FY 2026/27
Proposed
FY 2027/28
Proposed
FY 2028/29 +
Future Yrs
Proposed
Sum of Total
Project Costs
Sum of Costs To
Complete
9053‐Cathedral Oaks Crib Wall Interim Repair Project
101‐General $ 221,608 $ 252,509 $ 832,899 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,307,016 $ 832,899 205‐Measure A $ 142,632 $ ‐ $ ‐ $ 521,000 $ 200,000 $ ‐ $ ‐ $ ‐ $ 863,632 $ 721,000 420‐FHWA ‐ FEMA Reimb Anticipated $ ‐ $ ‐ $ 87,746 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 87,746 $ 87,746 423‐ARPA $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ 15,511,770 $ ‐ $ ‐ $ ‐ $ ‐ $ 15,511,770 $ 15,511,770 9053‐Cathedral Oaks Crib Wall Interim Repair Project Total $ 364,240 $ 252,509 $ 920,645 $ 16,032,770 $ 200,000 $ ‐ $ ‐ $ ‐ $ 17,770,164 $ 17,153,415 9056‐LED Street Lighting Project
101‐General $ 857,993 $ 25,691 $ 46,316 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 930,000 $ 46,316 233‐OBF SCE $ 153,589 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 153,589 $ ‐ 502‐Street Lighting $ 192,000 $ ‐ $ 18,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 210,000 $ 18,000 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9056‐LED Street Lighting Project Total $ 1,203,582 $ 25,691 $ 64,316 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,293,589 $ 64,316 9061‐Cathedral Oaks Class I Multi‐Use Path
220‐Transportation Facilities DIF $ 1,360 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,360 $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 21,214,640 $ ‐ $ 21,214,640 $ 21,214,640 9061‐Cathedral Oaks Class I Multi‐Use Path Total $ 1,360 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 21,214,640 $ ‐ $ 21,216,000 $ 21,214,640 9062‐Storke Road/Hollister Avenue Transit, Bike/Ped, and Median Improvements 206‐Measure A‐ Other $ 67,116 $ ‐ $ 355,834 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 422,950 $ 355,834 220‐Transportation Facilities DIF $ 26,082 $ ‐ $ 133,077 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 159,159 $ 133,077 230‐Long Range Development Plan $ 137,694 $ 23,072 $ 109,369 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 270,136 $ 109,369 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ 939,955 $ ‐ $ ‐ $ ‐ $ ‐ $ 939,955 $ 939,955 9062‐Storke Road/Hollister Avenue Transit, Bike/Ped, and Media $ 230,893 $ 23,072 $ 598,280 $ 939,955 $ ‐ $ ‐ $ ‐ $ ‐ $ 1,792,200 $ 1,538,235 9063‐Evergreen Park Improvements
221‐Parks & Recreation DIF $ 21,494 $ ‐ $ 258,506 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 280,000 $ 258,506 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 5,000,000 $ ‐ $ ‐ $ 5,000,000 $ 5,000,000 9063‐Evergreen Park Improvements Total $ 21,494 $ ‐ $ 258,506 $ ‐ $ ‐ $ 5,000,000 $ ‐ $ ‐ $ 5,280,000 $ 5,258,506 9064‐Reclaimed Water Service to Evergreen Park
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
221‐Parks & Recreation DIF $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 530,000 $ 530,000 $ 530,000 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 310,000 $ 310,000 $ 310,000 9064‐Reclaimed Water Service to Evergreen Park Total $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 840,000 $ 840,000 $ 840,000 9065‐Reclaimed Water Service to Bella Vista Park
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
221‐Parks & Recreation DIF $ 1,403 $ ‐ $ 204,141 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 205,544 $ 204,141 231‐Developer Agreement $ 12,455 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 12,455 $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 626,800 $ 626,800 $ 626,800 9065‐Reclaimed Water Service to Bella Vista Park Total $ 13,858 $ ‐ $ 204,141 $ ‐ $ ‐ $ ‐ $ ‐ $ 626,800 $ 844,800 $ 830,942 9066‐Miscellaneous Park Improvements
101‐General $ 11,649 $ ‐ $ 1 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 11,650 $ 1 221‐Parks & Recreation DIF $ 700,212 $ ‐ $ 22,288 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 722,500 $ 22,288 9066‐Miscellaneous Park Improvements Total $ 711,861 $ ‐ $ 22,289 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 734,150 $ 22,289 DRAFT
126 of 289
Five Year Summary by Project
Project
Prior Year
Actuals
FY 2023/24
Amended
FY 2023/24
Carryovers
FY 2024/25
Proposed
FY 2025/26
Proposed
FY 2026/27
Proposed
FY 2027/28
Proposed
FY 2028/29 +
Future Yrs
Proposed
Sum of Total
Project Costs
Sum of Costs To
Complete
9067‐Goleta Community Center Seismic Upgrades
101‐General $ 667,140 $ 681,380 $ 1,294,870 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 2,643,391 $ 1,294,870 402‐Community Development Block Grant $ 48,677 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 48,677 $ ‐ 421‐FEMA HMGP Grant $ 1,340,118 $ 1,637,615 $ 945,149 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 3,922,882 $ 945,149 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9067‐Goleta Community Center Seismic Upgrades Total $ 2,055,935 $ 2,318,996 $ 2,240,019 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 6,614,950 $ 2,240,019 9071‐Improvements to Athletic Field at GCC
205‐Measure A $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
221‐Parks & Recreation DIF $ 303,957 $ ‐ $ 27,918 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 331,875 $ 27,918 319‐Housing & Community Development State Fund $ 269,234 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 269,234 $ ‐ 9071‐Improvements to Athletic Field at GCC Total $ 573,191 $ ‐ $ 27,918 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 601,109 $ 27,918 9074‐Stow Grove Park Master Plan & Renovation
221‐Parks & Recreation DIF $ 166,242 $ 60,030 $ 1,223,729 $ ‐ $ 3,500,000 $ ‐ $ ‐ $ ‐ $ 4,950,000 $ 4,723,729 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ 4,500,000 $ ‐ $ ‐ $ ‐ $ 4,500,000 $ 4,500,000 9074‐Stow Grove Park Master Plan & Renovation Total $ 166,242 $ 60,030 $ 1,223,729 $ ‐ $ 8,000,000 $ ‐ $ ‐ $ ‐ $ 9,450,000 $ 9,223,729 9078‐Rancho La Patera Improvements
221‐Parks & Recreation DIF $ 122,860 $ ‐ $ 648,304 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 771,164 $ 648,304 231‐Developer Agreement $ 23,836 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 23,836 $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 12,957,000 $ 12,957,000 $ 12,957,000 9078‐Rancho La Patera Improvements Total $ 146,696 $ ‐ $ 648,304 $ ‐ $ ‐ $ ‐ $ ‐ $ 12,957,000 $ 13,752,000 $ 13,605,304 9079‐Goleta Train Depot and S. La Patera Improvements
101‐General $ 2,656,172 $ 6,030 $ 93,971 $ 900,000 $ ‐ $ ‐ $ ‐ $ ‐ $ 3,656,172 $ 993,971 220‐Transportation Facilities DIF $ 49,900 $ ‐ $ 100 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 50,000 $ 100 222‐Public Administration Development Fees $ 2,324,344 $ ‐ $ 17,030 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 2,341,374 $ 17,030 231‐Developer Agreement $ 2,031,178 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 2,031,178 $ ‐ 235‐Bicycle & Pedestrian DIF $ 200,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 200,000 $ ‐ 321‐TIRCP $ 2,430,809 $ 275,236 $ 15,055,228 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 17,761,273 $ 15,055,228 9079‐Goleta Train Depot and S. La Patera Improvements Total 9,692,404 $ $ 281,265 $ 15,166,328 $ 900,000 $ ‐ $ ‐ $ ‐ $ ‐ $ 26,039,997 $ 16,066,328 9081‐Covington Drainage System Improvements
101‐General $ 19,854 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 19,854 $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 9,549,246 $ 9,549,246 $ 9,549,246 9081‐Covington Drainage System Improvements Total $ 19,854 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 9,549,246 $ 9,569,100 $ 9,549,246 9083‐Traffic Signal Upgrades
101‐General $ 8,151 $ ‐ $ 328,749 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 336,900 $ 328,749 205‐Measure A $ 216 $ ‐ $ 94,784 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 95,000 $ 94,784 417‐Highway Safety Improvement Program $ ‐ $ 258,197 $ 2,861,904 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 3,120,100 $ 2,861,904 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9083‐Traffic Signal Upgrades Total $ 8,367 $ 258,197 $ 3,285,437 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 3,552,000 $ 3,285,437 9084‐Community Garden
221‐Parks & Recreation DIF $ 255,620 $ 1,529,139 $ 428,384 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 2,213,144 $ 428,384 9084‐Community Garden Total $ 255,620 $ 1,529,139 $ 428,384 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 2,213,144 $ 428,384 9085‐Goleta Storm Drain Master Plan
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
205‐Measure A $ ‐ $ ‐ $ 100,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 100,000 $ 100,000 234‐Storm Drain DIF $ ‐ $ ‐ $ 100,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 100,000 $ 100,000 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9085‐Goleta Storm Drain Master Plan Total
DRAFT
$ ‐ $ ‐ $ 200,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 200,000 $ 200,000 127 of 289
Five Year Summary by Project
Project
Prior Year
Actuals
FY 2023/24
Amended
FY 2023/24
Carryovers
FY 2024/25
Proposed
FY 2025/26
Proposed
FY 2026/27
Proposed
FY 2027/28
Proposed
FY 2028/29 +
Future Yrs
Proposed
Sum of Total
Project Costs
Sum of Costs To
Complete
9086‐Vision Zero Plan
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
205‐Measure A $ ‐ $ ‐ $ 10,000 $ ‐ $ ‐ $ ‐ $ 486,000 $ ‐ $ 496,000 $ 496,000 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ 1,215,000 $ 537,500 $ 51,500 $ ‐ $ 1,804,000 $ 1,804,000 9086‐Vision Zero Plan Total $ ‐ $ ‐ $ 10,000 $ ‐ $ 1,215,000 $ 537,500 $ 537,500 $ ‐ $ 2,300,000 $ 2,300,000 9087‐Crosswalk Pedestrian Hybrid Beacon (PHB) on Calle Real near Encina Road 205‐Measure A $ 119,713 $ 61 $ 67,726 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 187,500 $ 67,726 206‐Measure A‐ Other $ 179,290 $ ‐ $ 710 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 180,000 $ 710 9087‐Crosswalk Pedestrian Hybrid Beacon (PHB) on Calle Real ne 299,003 $ $ 61 $ 68,436 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 367,500 $ 68,436 9088‐Rectangular Rapid Flashing Beacon (RRFB) Improvements at School Crosswalks 101‐General $ 13,929 $ 1,697 $ 11,433 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 27,059 $ 11,433 205‐Measure A $ 367,069 $ (1,697) $ 56,080 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 421,453 $ 56,080 206‐Measure A‐ Other $ 316,888 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 316,888 $ ‐ 9088‐Rectangular Rapid Flashing Beacon (RRFB) Improvements at $ 697,886 $ ‐ $ 67,514 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 765,400 $ 67,514 9089‐Goleta Traffic Safety Study (GTSS)
101‐General $ 24,974 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 24,974 $ ‐ 205‐Measure A $ 4,426 $ ‐ $ 46,299 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 50,725 $ 46,299 317‐SSARP Grant $ 278,482 $ ‐ $ (482) $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 278,000 $ (482) 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9089‐Goleta Traffic Safety Study (GTSS) Total $ 307,882 $ ‐ $ 45,817 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 353,699 $ 45,817 9093‐San Miguel Park Improvements
221‐Parks & Recreation DIF $ ‐ $ ‐ $ 275,000 $ ‐ $ 400,000 $ ‐ $ ‐ $ ‐ $ 675,000 $ 675,000 9093‐San Miguel Park Improvements Total $ ‐ $ ‐ $ 275,000 $ ‐ $ 400,000 $ ‐ $ ‐ $ ‐ $ 675,000 $ 675,000 9094‐Santa Barbara Shores Park Improvements
221‐Parks & Recreation DIF $ ‐ $ ‐ $ 305,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 305,000 $ 305,000 9094‐Santa Barbara Shores Park Improvements Total $ ‐ $ ‐ $ 305,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 305,000 $ 305,000 9096‐Orange Avenue Parking Lot
222‐Public Administration Development Fees $ 373,928 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 373,928 $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9096‐Orange Avenue Parking Lot Total $ 373,928 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 373,928 $ ‐ 9097‐Fairview Corridor Study (Fowler Road to Calle Real) 205‐Measure A $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 250,000 $ 250,000 $ 250,000 220‐Transportation Facilities DIF $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 50,000 $ 50,000 $ 50,000 9097‐Fairview Corridor Study (Fowler Road to Calle Real) Total $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 300,000 $ 300,000 $ 300,000 9099‐Crosswalk at Calle Real/Fairview Center ‐ Pedestrian Hybrid Beacon (PHB) 205‐Measure A $ 123,648 $ 48,654 $ 125,023 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 297,325 $ 125,023 206‐Measure A‐ Other $ 248,988 $ (1,657) $ 50,168 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 297,500 $ 50,168 311‐Misc Grant $ 232,130 $ 47,561 $ 20,309 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 300,000 $ 20,309 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9099‐Crosswalk at Calle Real/Fairview Center ‐ Pedestrian Hybrid $ 604,766 $ 94,558 $ 195,500 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 894,825 $ 195,500 9100‐Hollister Avenue/Fairview Avenue Roundabout (Intersection Improvements) 220‐Transportation Facilities DIF $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 12,416,000 $ 12,416,000 $ 12,416,000 9100‐Hollister Avenue/Fairview Avenue Roundabout (Intersecti DRAFT
o $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 12,416,000 $ 12,416,000 $ 12,416,000 128 of 289
Five Year Summary by Project
Project
Prior Year
Actuals
FY 2023/24
Amended
FY 2023/24
Carryovers
FY 2024/25
Proposed
FY 2025/26
Proposed
FY 2026/27
Proposed
FY 2027/28
Proposed
FY 2028/29 +
Future Yrs
Proposed
Sum of Total
Project Costs
Sum of Costs To
Complete
9101‐City Hall Purchase & Improvements
101‐General $ 10,637,751 $ 3,526 $ 414,207 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 11,055,483 $ 414,207 222‐Public Administration Development Fees $ ‐ $ ‐ $ 42,279 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 42,279 $ 42,279 224‐Sheriff Facilities Development Fees $ 934,877 $ ‐ $ 168,002 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,102,880 $ 168,002 608‐IBank $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ 1,949,276 $ ‐ $ ‐ $ ‐ $ 1,949,276 $ 1,949,276 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9101‐City Hall Purchase & Improvements Total $ 11,572,628 $ 3,526 $ 624,488 $ ‐ $ 1,949,276 $ ‐ $ ‐ $ ‐ $ 14,149,918 $ 2,573,764 9102‐Storke Road Corridor Study
205‐Measure A $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
220‐Transportation Facilities DIF $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 641,225 $ 641,225 $ 641,225 9102‐Storke Road Corridor Study Total $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 641,225 $ 641,225 $ 641,225 9103‐Citywide School Zones Signage & Striping Evaluation 101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
205‐Measure A $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 196,950 $ ‐ $ ‐ $ 196,950 $ 196,950 9103‐Citywide School Zones Signage & Striping Evaluation Total $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 196,950 $ ‐ $ ‐ $ 196,950 $ 196,950 9104‐Citywide Evaluation of Existing Traffic Signals
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
205‐Measure A $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 363,200 $ 363,200 $ 363,200 9104‐Citywide Evaluation of Existing Traffic Signals Total $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 363,200 $ 363,200 $ 363,200 9105‐Ellwood Beach Drive Drainage Infrastructure Replacement 234‐Storm Drain DIF $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 966,000 $ ‐ $ 966,000 $ 966,000 9105‐Ellwood Beach Drive Drainage Infrastructure Replacement T $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 966,000 $ ‐ $ 966,000 $ 966,000 9106‐Phelps Ditch Flood Control Channel Trash Control Structure 234‐Storm Drain DIF $ ‐ $ ‐ $ 50,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 50,000 $ 50,000 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 3,118,000 $ ‐ $ 3,118,000 $ 3,118,000 9106‐Phelps Ditch Flood Control Channel Trash Control Structure $ ‐ $ ‐ $ 50,000 $ ‐ $ ‐ $ ‐ $ 3,118,000 $ ‐ $ 3,168,000 $ 3,168,000 9107‐Old Town South Fairview Avenue, High Flow Trash Capture Devices 101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
234‐Storm Drain DIF $ 26,413 $ 4,700 $ 618,887 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 650,000 $ 618,887 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ 2,052,000 $ ‐ $ ‐ $ ‐ $ 2,052,000 $ 2,052,000 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,026,000 $ 1,026,000 $ ‐ $ 2,052,000 $ 2,052,000 9107‐Old Town South Fairview Avenue, High Flow Trash Capture $ 26,413 $ 4,700 $ 618,887 $ ‐ $ 2,052,000 $ 1,026,000 $ 1,026,000 $ ‐ $ 4,754,000 $ 4,722,887 9108‐Winchester II Park
221‐Parks & Recreation DIF $ 250,359 $ ‐ $ 59,641 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 310,000 $ 59,641 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9108‐Winchester II Park Total $ 250,359 $ ‐ $ 59,641 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 310,000 $ 59,641 9109‐Ward Drive Sidewalk Infill
995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 604,800 $ 604,800 $ 604,800 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9109‐Ward Drive Sidewalk Infill Total $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 604,800 $ 604,800 $ 604,800 DRAFT
129 of 289
Five Year Summary by Project
Project
Prior Year
Actuals
FY 2023/24
Amended
FY 2023/24
Carryovers
FY 2024/25
Proposed
FY 2025/26
Proposed
FY 2026/27
Proposed
FY 2027/28
Proposed
FY 2028/29 +
Future Yrs
Proposed
Sum of Total
Project Costs
Sum of Costs To
Complete
9110‐Hollister Class 1 Bike Path Lighting
205‐Measure A $ 35,188 $ (5,985) $ 324,471 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 353,674 $ 324,471 206‐Measure A‐ Other $ 17,213 $ 21,141 $ 386,043 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 424,397 $ 386,043 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 600,784 $ ‐ $ 600,784 $ 600,784 9110‐Hollister Class 1 Bike Path Lighting Total $ 52,401 $ 15,156 $ 710,514 $ ‐ $ ‐ $ ‐ $ 600,784 $ ‐ $ 1,378,855 $ 1,311,298 9111‐Jonny D. Wallis Neighborhood Park Phase 2 ‐ Splash Pad 221‐Parks & Recreation DIF $ 107,003 $ 738,899 $ 1,578,644 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 2,424,547 $ 1,578,644 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 9111‐Jonny D. Wallis Neighborhood Park Phase 2 ‐ Splash Pad To $ 107,003 $ 738,899 $ 1,578,644 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 2,424,547 $ 1,578,644 9112‐Ellwood Mesa/Sperling Preserve Open Space Plan
101‐General $ ‐ $ 1,228 $ 448,772 $ ‐ $ ‐ $ ‐ $ 200,000 $ 600,000 $ 1,250,000 $ 1,248,772 322‐MBHMP $ 1,594,630 $ 137,505 $ 2,259,750 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 3,991,884 $ 2,259,750 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 5,666,226 $ 50,000 $ ‐ $ 5,716,226 $ 5,716,226 310‐CAL Fire Grant $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 9112‐Ellwood Mesa/Sperling Preserve Open Space Plan Total 1,594,630 $ $ 138,733 $ 2,708,522 $ ‐ $ ‐ $ 5,666,226 $ 250,000 $ 600,000 $ 10,958,110 $ 9,224,748 9113‐Mathilda Park Improvements
101‐General $ ‐ $ ‐ $ 199,698 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 199,698 $ 199,698 301‐State Park Grant ‐ $ $ ‐ $ 177,952 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 177,952 $ 177,952 402‐Community Development Block Grant $ 14,271 $ 66,129 $ 66,201 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 146,602 $ 66,201 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9113‐Mathilda Park Improvements Total $ 14,271 $ 66,129 $ 443,851 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 524,252 $ 443,851 9114‐Hollister Avenue Old Town Interim Striping Project 101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
201‐Gas Tax $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
205‐Measure A $ 175,769 $ 10,190 $ 68,749 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 254,708 $ 68,749 206‐Measure A‐ Other $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9114‐Hollister Avenue Old Town Interim Striping Project Total 175,769 $ $ 10,190 $ 68,749 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 254,708 $ 68,749 9115‐Public Works Corporation Yard Repairs
101‐General $ 29,679 $ ‐ $ 70,321 $ ‐ $ 714,000 $ ‐ $ ‐ $ ‐ $ 814,000 $ 784,321 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9115‐Public Works Corporation Yard Repairs Total $ 29,679 $ ‐ $ 70,321 $ ‐ $ 714,000 $ ‐ $ ‐ $ ‐ $ 814,000 $ 784,321 9116‐Pickleball Courts
221‐Parks & Recreation DIF $ ‐ $ ‐ $ 100,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 100,000 $ 100,000 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9116‐Pickleball Courts Total $ ‐ $ ‐ $ 100,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 100,000 $ 100,000 9117‐San Jose Creek Channel Fish‐Passage Modification Project 101‐General $ 227,559 $ 80,657 $ 389,062 $ ‐ $ 750,000 $ ‐ $ ‐ $ ‐ $ 1,447,277 $ 1,139,062 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ 1,992,723 $ ‐ $ ‐ $ ‐ $ 1,992,723 $ 1,992,723 9117‐San Jose Creek Channel Fish‐Passage Modification Project T $ 227,559 $ 80,657 $ 389,062 $ ‐ $ 2,742,723 $ ‐ $ ‐ $ ‐ $ 3,440,000 $ 3,131,784 9118‐Ellwood Coastal Trails and Habitat Restoration
221‐Parks & Recreation DIF $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 311‐Misc Grant $ ‐ $ ‐ $ 208,500 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 208,500 $ 208,500 322‐MBHMP $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ 4,186,500 $ ‐ $ ‐ $ ‐ $ 4,186,500 $ 4,186,500 9118‐Ellwood Coastal Trails and Habitat Restoration Total DRAFT
$ ‐ $ ‐ $ 208,500 $ ‐ $ 4,186,500 $ ‐ $ ‐ $ ‐ $ 4,395,000 $ 4,395,000 130 of 289
Five Year Summary by Project
Project
Prior Year
Actuals
FY 2023/24
Amended
FY 2023/24
Carryovers
FY 2024/25
Proposed
FY 2025/26
Proposed
FY 2026/27
Proposed
FY 2027/28
Proposed
FY 2028/29 +
Future Yrs
Proposed
Sum of Total
Project Costs
Sum of Costs To
Complete
9119‐Ellwood Beach Drive Drainage
101‐General $ 8,641 $ 14,649 $ 219,710 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 243,000 $ 219,710 234‐Storm Drain DIF $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ 871,200 $ ‐ $ ‐ $ ‐ $ 871,200 $ 871,200 9119‐Ellwood Beach Drive Drainage Total $ 8,641 $ 14,649 $ 219,710 $ ‐ $ 871,200 $ ‐ $ ‐ $ ‐ $ 1,114,200 $ 1,090,910 9120‐Evergreen Park Drainage Repair
101‐General $ 3,328 $ 40,846 $ 158,126 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 202,300 $ 158,126 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9120‐Evergreen Park Drainage Repair Total $ 3,328 $ 40,846 $ 158,126 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 202,300 $ 158,126 9121‐Goleta Community Center ADA Improvements
101‐General $ 11,446 $ 11,400 $ 580,644 $ 135,000 $ 81,000 $ ‐ $ ‐ $ ‐ $ 819,490 $ 796,644 402‐Community Development Block Grant $ 135,225 $ 76,633 $ 90,222 $ 25,000 $ 25,000 $ ‐ $ ‐ $ ‐ $ 352,079 $ 140,222 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
424‐Community Project Funding $ ‐ $ ‐ $ 3,000,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 3,000,000 $ 3,000,000 9121‐Goleta Community Center ADA Improvements Total $ 146,671 $ 88,033 $ 3,670,866 $ 160,000 $ 106,000 $ ‐ $ ‐ $ ‐ $ 4,171,569 $ 3,936,866 9122‐City‐Wide Open Space Management & Maintenance
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ 360,000 $ ‐ $ ‐ $ ‐ $ 360,000 $ 360,000 9122‐City‐Wide Open Space Management & Maintenance Total $ ‐ $ ‐ $ ‐ $ ‐ $ 360,000 $ ‐ $ ‐ $ ‐ $ 360,000 $ 360,000 9123‐Lake Los Carneros Master Plan
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ 750,000 $ ‐ $ ‐ $ ‐ $ 750,000 $ 750,000 9123‐Lake Los Carneros Master Plan Total $ ‐ $ ‐ $ ‐ $ ‐ $ 750,000 $ ‐ $ ‐ $ ‐ $ 750,000 $ 750,000 9124‐Fairview & Stow Canyon Traffic Signal
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
205‐Measure A $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ 532,000 $ 1,264,850 $ ‐ $ ‐ $ 1,796,850 $ 1,796,850 9124‐Fairview & Stow Canyon Traffic Signal Total $ ‐ $ ‐ $ ‐ $ ‐ $ 532,000 $ 1,264,850 $ ‐ $ ‐ $ 1,796,850 $ 1,796,850 9125‐Rectangular Rapid Flashing Beacons (RRFBs) Calle Real @ Jenna 101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
201‐Gas Tax $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
205‐Measure A $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ 217,800 $ ‐ $ ‐ $ ‐ $ 217,800 $ 217,800 9125‐Rectangular Rapid Flashing Beacons (RRFBs) Calle Real @ Je $ ‐ $ ‐ $ ‐ $ ‐ $ 217,800 $ ‐ $ ‐ $ ‐ $ 217,800 $ 217,800 9126‐Pickleball Entry/Waiting area at GCC
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
311‐Misc Grant $ ‐ $ ‐ $ 50,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 50,000 $ 50,000 402‐Community Development Block Grant $ ‐ $ 6,240 $ 128,760 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 135,000 $ 128,760 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9126‐Pickleball Entry/Waiting area at GCC Total $ ‐ $ 6,240 $ 178,760 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 185,000 $ 178,760 9127‐Goleta Community Center Campus Refresh
101‐General $ ‐ $ ‐ $ 100,000 $ 150,000 $ ‐ $ ‐ $ ‐ $ ‐ $ 250,000 $ 250,000 402‐Community Development Block Grant $ ‐ $ ‐ $ 54,431 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 54,431 $ 54,431 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9127‐Goleta Community Center Campus Refresh Total
DRAFT
$ ‐ $ ‐ $ 154,431 $ 150,000 $ ‐ $ ‐ $ ‐ $ ‐ $ 304,431 $ 304,431 131 of 289
Five Year Summary by Project
Project
Prior Year
Actuals
FY 2023/24
Amended
FY 2023/24
Carryovers
FY 2024/25
Proposed
FY 2025/26
Proposed
FY 2026/27
Proposed
FY 2027/28
Proposed
FY 2028/29 +
Future Yrs
Proposed
Sum of Total
Project Costs
Sum of Costs To
Complete
9128‐Goleta Community Center Gazebo Area Improvements
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 150,000 $ ‐ $ 150,000 $ 150,000 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 5,000 $ ‐ $ 5,000 $ 5,000 9128‐Goleta Community Center Gazebo Area Improvements Tota $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 155,000 $ ‐ $ 155,000 $ 155,000 9129‐Goleta Community Center Parking Lot Improvements
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 150,000 $ ‐ $ ‐ $ 150,000 $ 150,000 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 480,000 $ ‐ $ ‐ $ 480,000 $ 480,000 9129‐Goleta Community Center Parking Lot Improvements Total $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 630,000 $ ‐ $ ‐ $ 630,000 $ 630,000 9130‐Goleta Valley Library ADA & Building Refresh
101‐General $ ‐ $ ‐ $ 709,640 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 709,640 $ 709,640 208‐County Per Capita $ ‐ $ ‐ $ 180,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 180,000 $ 180,000 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 325‐California State Library $ ‐ $ ‐ $ 4,278,560 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 4,278,560 $ 4,278,560 501‐Library Services ‐ $ $ ‐ $ 180,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 180,000 $ 180,000 9130‐Goleta Valley Library ADA & Building Refresh Total $ ‐ $ ‐ $ 5,348,200 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 5,348,200 $ 5,348,200 9131‐Historic Train Station Preservation
101‐General $ ‐ $ ‐ $ 250,000 $ 50,000 $ 50,000 $ ‐ $ ‐ $ ‐ $ 350,000 $ 350,000 995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ 700,000 $ ‐ $ ‐ $ ‐ $ 700,000 $ 700,000 9131‐Historic Train Station Preservation Total $ ‐ $ ‐ $ 250,000 $ 50,000 $ 750,000 $ ‐ $ ‐ $ ‐ $ 1,050,000 $ 1,050,000 9132‐Lake Los Carneros Footbridge
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
995‐To Be Determined (TBD) Other Grants/Sources $ ‐ $ ‐ $ ‐ $ ‐ $ 1,050,000 $ ‐ $ ‐ $ ‐ $ 1,050,000 $ 1,050,000 9132‐Lake Los Carneros Footbridge Total $ ‐ $ ‐ $ ‐ $ ‐ $ 1,050,000 $ ‐ $ ‐ $ ‐ $ 1,050,000 $ 1,050,000 9133‐Hollister Ave Sidewalk Improvement at Ellwood School Project 101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
201‐Gas Tax $ ‐ $ ‐ $ 100,000 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 100,000 $ 100,000 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ 942,800 $ ‐ $ ‐ $ ‐ $ 942,800 $ 942,800 9133‐Hollister Ave Sidewalk Improvement at Ellwood School Proj $ ‐ $ ‐ $ 100,000 $ ‐ $ 942,800 $ ‐ $ ‐ $ ‐ $ 1,042,800 $ 1,042,800 9134‐Facilities Capital Renewal (Proposed FY24/25)
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ 3,813,742 $ 2,051,049 $ 3,002,007 $ 3,152,107 $ 12,018,905 $ 12,018,905 9134‐Facilities Capital Renewal (Proposed FY24/25) Total $ ‐ $ ‐ $ ‐ $ ‐ $ 3,813,742 $ 2,051,049 $ 3,002,007 $ 3,152,107 $ 12,018,905 $ 12,018,905 9135‐Stow House Preservation (Proposed FY24/25)
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 200,000 $ ‐ $ ‐ $ 200,000 $ 200,000 9135‐Stow House Preservation (Proposed FY24/25) Total $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 200,000 $ ‐ $ ‐ $ 200,000 $ 200,000 9136‐Portable Replacement Project (Proposed FY24/25)
101‐General $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 800,000 $ ‐ $ 800,000 $ 800,000 999‐Unfunded $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
9136‐Portable Replacement Project (Proposed FY24/25) Total $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 800,000 $ ‐ $ 800,000 $ 800,000 Grand Total $ 67,003,704 $ 10,154,716 $ 120,120,383 $ 30,472,558 $ 65,110,017 $ 19,572,575 $ 49,079,751 $ 340,605,562 $ 702,119,265 $ 624,960,846 DRAFT
132 of 289
Public Works
Hollister Avenue Complete Streets Corridor Plan9001
DRAFT 133 of 289
Public Works
Hollister Avenue Complete Streets Corridor Plan 9001
Description:

The Hollister Avenue Complete Streets Corridor Plan provides a comprehensive strategy for creating safety and quality of life enhancements along the 0.8 mile stretch of Hollister Avenue extending from Fairview Avenue to State Route 217. The plan will focus on transforming the Hollister Avenue Corridor into a Complete Streets corridor providing improvements consisting of safe multi-modal connections, transportation infrastructure upgrades, improved pedestrian and ADA accessibility, dedicated bicycle lanes, and green infrastructure facilities to manage stormwater.

Benefit/Core
Value: To Strengthen Infrastructure and return Old Town to a Vital Center of the City.

Purpose and
Need:

Bicycle and pedestrian improvements are needed in Old town. The Hollister Avenue Complete Streets Corridor Plan Project will construct improvements to the historic downtown that will communicate a sense of place and encourage all modes of transportation. The Corridor Plan goals include expanding Old Town's transportation options by making streets within the corridor safer, more inviting and more convenient for all travel modes and users.

Project Status:

The City received funds under the Transportation Investment Generating Economic Recovery (TIGER) VI Discretionary Grants Program to help develop the Conceptual Design phase of the project. The TIGER grant funded the first phase of the project which consisted of engineering and traffic studies. These preliminary studies were completed and three conceptual design alternatives for the corridor were developed and included in a Conceptual Design report. The report was developed through an extensive public outreach process, collaborating with residents, businesses and property owners, employees of local businesses, advocacy groups, commuters, community members, and adjacent governing agencies. The project was presented to City Council and staff was directed to shift work efforts to a design and construct a new Hollister Avenue Old Town Interim Striping project due to a lack of final design or construction funding for this project.

Therefore, the project is currently on hold and staff will initiate the Environmental Review phase of the project pending funding and workload availability.

DRAFT 134 of 289
Public Works
Hollister Avenue Complete Streets Corridor Plan 9001
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
102 General Fund Reserves 20,166 - - 20,166
205 Measure A 74,654 - - 74,654
220 Transportation Facilities DIF 75,353 - - 75,353
230 Long Range Development Plan - - - -
305 RSTP - State Grant 250,000 - - 250,000
307 Environmental Justice 16,929 - - 16,929
402 Community Development Block Grant 30,000 - - 30,000 403 Environmental Justice 28,821 - - 28,821
419 TIGER 236,000 - - 236,000
601 Redevelopment Project Fund 360,610 - - 360,610
999 Unfunded - - - 8,659,200 8,659,200
TOTAL BY FUND 1,092,533 - - - - - - 8,659,200 9,751,733 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 1,070,652 - - 1,070,652
57071 Construction/CM 21,881 - - 8,659,200 8,681,081
TOTAL BY PHASE 1,092,533 - - - - - - 8,659,200 9,751,733 Proposed
DRAFT 135 of 289
Public Works
Ekwill Street and Fowler Road Extensions Project 9002
DRAFT 136 of 289
Public Works
Ekwill Street and Fowler Road Extensions Project 9002

Description:

This project will construct Ekwill Street across Goleta Old Town from Kellogg Avenue to Fairview Avenue and extend existing South Kellogg Avenue (to be renamed to Fowler Road) from its terminus to existing Technology Drive. The new streets will be two lane roads and include Class II Bike Lanes and sidewalks/parkways. The project also includes three roundabouts; two at the Hollister Avenue/State Route 217 Interchange and one at the intersection of Pine Avenue and Ekwill Street. The project will improve traffic flow on Hollister Avenue and provide new east/west corridors in Old Town. The work budgeted includes environmental, design, permitting, right of way acquisition and construction of the project.

Benefit/Core
Value: Strengthen infrastructure; maintain and improve roads and traffic circulation and return Old Town to the Vital Center of the City.

Purpose and
Need:

The existing roadway system within Goleta Old Town has inadequate east-west circulation both north and south of Hollister Avenue and lacks direct access into the southern portions of Old Town. This project will relieve regional congestion, improve traffic circulation in Goleta Old Town, improve access within Goleta Old Town and to the Airport, and provide enhanced bicycle and pedestrian access.

Project Status:

The environmental phase of the project was completed in 2011. All permits for the project were successfully secured in 2018. The project is in the Final Design Phase. Construction funding is programmed for FY22/23 and will take approximately two years to complete. The project is funded primarily by State Transportation Improvement Program (STIP) funds, Long Range Development Plan funds, and City Transportation Development Impact Fees. In order to minimize construction impacts along Hollister Avenue, the project will be constructed at the same time as the City's Hollister Avenue Bridge Replacement project. Due to project alignment issues related to the timing of Hollister Avenue Bridge Project, the Ekwill-Fowler Project is now scheduled to begin construction in late 2022 or early 2023. A time extension request for the STIP funding was approved by the California Transportation Commission (CTC) in March 2021.

Category Infrastructure – Pavement, Sidewalk, Curb & Gutter, Hardscape, Median Estimated Annual Maintenance Costs: $40,000 DRAFT 137 of 289
Public Works
Ekwill Street and Fowler Road Extensions Project 9002

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - 10,112,493 10,112,493
102 General Fund Reserves 250,000 - - 250,000
201 Gas Tax - - 614,000 40,000 40,000 694,000
205 Measure A - - 1,325,292 1,325,292
206 Measure A- Other - - 365,315 365,315
220 Transportation Facilities DIF 6,476,618 650,960 7,437,378 2,000,000 16,564,956 230 Long Range Development Plan 804,313 34,463 5,147,934 5,986,710 308 STIP – State Grant 4,450,320 - 11,372,000 15,822,321 402 Community Development Block Grant 97,000 - - 97,000 404 STIP 670,187 - - 670,187
423 ARPA - - 4,933,990 4,933,990
601 Redevelopment Project Fund 654,318 - - 654,318
995 To Be Determined (TBD) Other Grants/Sources - - - 4,207,000 4,207,000 728,959 9,142,959 999 Unfunded - - - -
TOTAL BY FUND 13,402,756 685,423 41,308,403 6,247,000 4,247,000 - - 728,959 66,619,541 57050 Land Acquisition/ROW 4,548,322 294,602 136,876 4,979,801 57070 Preliminary Eng/Environ 8,476,160 179,188 1,071,594 9,726,942 57071 Construction/CM 378,273 211,633 40,099,932 6,247,000 4,247,000 728,959 51,912,798 TOTAL BY PHASE 13,402,756 685,423 41,308,403 6,247,000 4,247,000 - - 728,959 66,619,541 DRAFT 138 of 289
Public Works
San Jose Creek Bike Path – Northern and Southern Segments 9006 DRAFT 139 of 289
Public Works
San Jose Creek Bike Path – Northern and Southern Segments 9006 Description:

The San Jose Creek Bike Path Project as a whole extends approximately three miles alongside San Jose Creek from the California Coast Route path in the south to Cathedral Oaks Road and the Goleta Crosstown Bicycle Route in the north. The northern portion of the project begins north of Calle Real extending south along San Jose Creek to Armitos Avenue where it connects to the San Jose Creek Middle Extent Project at Armitos Ave. The southern portion of the project then continues south from the Ekwill Street intersection at Kellogg Avenue, crosses over the San Jose Creek channel and continues along SR 217 to cross underneath SR 217 in a culvert/tunnel just north of the SR 217 bridge over San Jose Creek. The Project lies within both the City and Santa Barbara County and within the California Coastal Zone.

Project improvements include: either 8-foot-wide paved with 2 foot graded shoulders or 10-foot-wide paved path, bicycle and pedestrian bridge over San Jose Creek channel, tunnel undercrossing at SR 217, retaining walls, concrete barriers, drainage features, crossing improvements, lighting, striping, and ADA accessibility.

Benefit/Core
Value: Strengthen infrastructure and Return Old Town to a Vital Center of the City.

Purpose and
Need:

The project will remove barriers and provide a direct and continuous separated bicycle/pedestrian path for commuting and recreational active transportation users from commercial and residential areas within the Goleta Old Town area to the Atascadero Creek Trail to the south, which provides direct access to Goleta Beach, UCSB, and other areas of Goleta Valley and the City of Santa Barbara and to schools, services and neighborhoods to the north of US 101. This important regional project closes gaps in the regional active transportation network providing connection to the City of Santa Barbara’s new Los Positas and Modoc Roads Multipurpose Path project and the County’s new Modoc Road Multimodal Path Gap Closure Project to the south and the County’s new Class I Bike Path to the north.

Project Status:

The City was awarded $18 million in Active Transportation Program (ATP) grant funding for the design, right-of-way, and construction of the San Jose Creek Bike Path - Northern and Southern Segments Project. The Project is currently in Final Design which includes Right of Way phases of the Project Delivery Process. Public Works is working closely with Caltrans to coordinate the project with the Caltrans SR217 and US 101 bridges over San Jose Creek Bridge Replacement Projects.

DRAFT 140 of 289
Public Works
San Jose Creek Bike Path – Northern and Southern Segments 9006 Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
205 Measure A 1,008 775 2,665,802 271,000 335,000 708,000 3,981,584 206 Measure A- Other - - 438,378 438,378
202 Transportation - - 27,135 27,135
220 Transportation Facilities DIF 3,028,184 246,963 1,454,518 4,729,665 235 Bicycle & Pedestrian DIF - - - -
305 RSTP - State Grant 20,538 - 10,150 30,689
318 ATP – State - 2,399,316 919,684 14,641,000 17,960,000 407 TCSP – Federal 76,510 - - 76,510
601 Redevelopment Project Fund 24,829 - - 24,829
995 To Be Determined (TBD) Other Grants/Sources - - - 734,933 734,933 999 Unfunded - - - 4,000,000 12,941,276 2,292,000 19,233,276 TOTAL BY FUND 3,151,070 2,647,054 5,515,667 5,005,933 27,917,276 3,000,000 - - 47,237,000 57050 Land Acquisition/ROW 4,287 666,647 1,348,066 2,019,000 57070 Preliminary Eng/Environ 3,140,455 1,980,407 656,638 5,777,501 57071 Construction/CM 6,327 - 3,510,962 5,005,933 27,917,276 3,000,000 39,440,499 TOTAL BY PHASE 3,151,070 2,647,054 5,515,667 5,005,933 27,917,276 3,000,000 - - 47,237,000 Proposed
DRAFT 141 of 289
Public Works
San Jose Creek Bike Path – Middle Extent 9007
DRAFT 142 of 289
Public Works
San Jose Creek Bike Path – Middle Extent 9007
Description:

The San Jose Creek Multipurpose Path Project as a whole extends approximately three miles alongside San Jose Creek from the Obern Trail in the south to Cathedral Oaks Road in the north. The project provides an alternative means of transportation for commuters as well as a source of recreation. The Middle Extent Project will construct a Class I bike/Multipurpose path adjacent to San Jose Creek, from the northern boundary of Jonny D. Wallis Park to Armitos Avenue. The project includes right of way acquisition at Kellogg Ranch.Project improvements include: a paved 8 – 10-foot-wide paved path with 2 foot graded shoulders, striping, ADA accessibility, and environmental enhancement mitigation.

Benefit/Core
Value: Strengthen infrastructure and maintain a safe community.

Purpose and
Need:

The Middle Extent Project will provide a connection between Jonny D. Wallis Park and Armitos Park and provide off street access to both parks and the new Community Garden from the adjacent neighborhood. The path will eventually connect to the overall San Jose Creek Multipurpose Path providing a direct and continuous separated bicycle/pedestrian path for commuting and recreational active transportation users between Old Town Goleta and Calle Real to the north and existing Class I Atascadero Creek Trail to the south, removing the barriers of State Route 217, the Union Pacific Railroad (UPRR) tracks and the busy US101 freeway interchanges.

Project Status:

The design is complete for this segment of the path and the project will be packaged with the Community Garden and Armitos Park Improvements project for construction in the summer of 2023.

DRAFT 143 of 289
Public Works
San Jose Creek Bike Path – Middle Extent 9007
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
202 Transportation - 28,000 97 28,097
205 Measure A - 160,000 0 160,000
206 Measure A- Other - 168,320 13,000 181,320
220 Transportation Facilities DIF 827,681 98,325 370,995 1,297,000 305 RSTP - State Grant 845,319 - - 845,319
318 ATP – State - - - -
402 Community Development Block Grant 355,928 - - 355,928 999 Unfunded - - - -
TOTAL BY FUND 2,028,927 454,644 384,092 - - - - - 2,867,664 57050 Land Acquisition/ROW 95,094 - 76,906 172,000
57070 Preliminary Eng/Environ 1,933,833 9,343 163,487 2,106,664 57071 Construction/CM - 445,301 143,699 589,000
TOTAL BY PHASE 2,028,927 454,644 384,092 - - - - - 2,867,664 Proposed
DRAFT 144 of 289
Neighborhood Services
Fire Station No. 10 9025
DRAFT 145 of 289
Neighborhood Services
Fire Station No. 10 9025
Description:

Development of a fire station, approximately 11,600 square feet in size, on a 1.25-acre site identified as 7952 Hollister Avenue to include three apparatus bays and ancillary facilities. The fire station will be operated by the County of Santa Barbara Fire Protection District upon completion.

Benefit/Core Value: This project furthers the Strategic Plan Strategy to maintain a safe community. This project will enhance and improve fire service in western Goleta.

Purpose and Need:

Currently fire service in western Goleta is deficient and does not meet industry standards for response time and firefighter to population ratio. Development of the project will bring fire service in western Goleta into conformance with industry recommended standards for adequate fire protection.

Project Status:

An MOU and Easement Operating Agreement have been completed approved by both the City Council and County of Santa Barbara Board of Supervisors. The City Council awarded the design contract and design of the project has been completed. The Environmental Impact Report and City entitlements were approved by the City Council in December 2018. The project was also submitted to the California Coastal Commission (CCC) in December of 2018. After a couple of rounds of incomplete application determinations and additional information requested by CCC staff, the City’s application was deemed complete on February 25, 2020. CCC approved the City’s Coastal Development Permit (CDP) application with special conditions on September 10, 2020. An extension for the CDP was filed in summer of 2022 and another extension will need to be extended again in summer of 2023. The Project is currently in Building and Safety for Plan Check.

Category Buildings & Improvements Estimated Annual
Maintenance Costs: $25,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 1,251,675 - - 1,251,675
222 Public Administration Development Fees 92,637 - - 92,637 229 Fire Development Fees 127,899 4,437 4,830,701 4,963,037 231 Developer Agreement - - 270,000 270,000
232 County Fire DIF 1,010,958 21,333 551,107 1,583,397
999 Unfunded - - - 17,409,820 17,409,820
TOTAL BY FUND 2,483,168 25,770 5,651,808 - - - 17,409,820 - 25,570,566 57050 Land Acquisition/ROW 1,251,675 - - 1,251,675
57070 Preliminary Eng/Environ 1,228,142 24,850 647,109 1,900,102 57071 Construction/CM 3,351 920 5,004,699 17,409,820 22,418,790 TOTAL BY PHASE 2,483,168 25,770 5,651,808 - - - 17,409,820 - 25,570,566 Proposed
DRAFT 146 of 289
Public Works
Goleta US 101 Overcrossing 9027
DRAFT 147 of 289
Public Works
Goleta US 101 Overcrossing 9027
Description:

The project will add a new overcrossing over the Union Pacific Railroad (UPRR) and the US 101 near the western end of Hollister Avenue near Entrance Road. The current work effort is preliminary stages of conceptual design, including feasibility study and analysis to establish scope of work prior to moving forward to the environmental review phase. Completing these phases enhances the City’s potential ability to secure competitive future grant funds for the final design, right-of-way, and construction phases.

Benefit/Core
Value: Strengthen City-wide infrastructure including roads and traffic circulation.

Purpose and
Need:

The purpose of the project is to provide an additional freeway and railroad crossing that will reduce traffic congestion at the existing Storke Road/US 101 interchange and along Storke Road between the ramps to US 101 and the Hollister Avenue/Storke Road intersection; improve vehicular, bicycle, and pedestrian access for residents on both sides of the freeway; and reduce emergency response times across US 101.

Total project costs estimated to exceed $50 million.

Project Status:

The project is in the conceptual design phase, including a feasibility study and analysis. Following City Council direction regarding the conceptual design, the team will start the environmental review phase. Due to the staffing deficit and other project priorities, this project is on hold. The construction phase timeframe and full funding availability is unknown due to the Measure A (completion and funding needs of the Santa Barbara U.S. 101 Multimodal Corridor project) and future State Transportation Improvement Program (STIP) funding.

Category Infrastructure – Bridges Estimated Annual
Maintenance Costs: $20,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
205 Measure A - - (13,684) (13,684)
206 Measure A- Other - - - -
220 Transportation Facilities DIF 1,420,974 - 47,803 1,468,777 230 Long Range Development Plan - - - -
999 Unfunded - - - 273,544,908 273,544,908
TOTAL BY FUND 1,420,974 - 34,118 - - - - 273,544,908 275,000,000 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 1,420,974 - 34,118 1,455,092 57071 Construction/CM - - - 273,544,908 273,544,908
TOTAL BY PHASE 1,420,974 - 34,118 - - - - 273,544,908 275,000,000 Proposed
DRAFT 148 of 289
Public Works
Hollister Avenue Bridge Replacement (SJC Phase II) 9033 DRAFT 149 of 289
Public Works
Hollister Avenue Bridge Replacement (SJC Phase II) 9033 Description:

This is the second phase of the San Jose Creek Capacity and Fish-Passage Improvement project. The project includes the replacement of the Hollister Avenue Bridge over San Jose Creek and extends upstream the San Jose Creek Channel capacity and fish-passage improvements both under and downstream of Hollister Avenue. The new bridge will have a 100-year storm flow capacity.

Benefit/Core
Value: Strengthen infrastructure and return Old Town to the vital center of the City Purpose and
Need:

The existing bridge was constructed using reactive aggregate and is deteriorating. The existing bridge does not conform to current design standards and retrofitting is not feasible. The bridge is also “Functionally Obsolete” due to stormwater capacity, which made it eligible for federal funding. Replacing the bridge and completing the San Jose Creek Channel capacity and fish-passage improvements will allow the channel to retain the 100-year storm event flows and continue fish-passage improvements up to the natural portion of San Jose Creek, upstream of Hollister Avenue.

Project Status:

The project is in the Final Design, Permitting and Right-of-Way Acquisition Phase. Due to delays in the availability of Federal Construction funding, construction is now scheduled to begin in 2023 and will take approximately 30 months to construct. In order to minimize construction impacts along Hollister Avenue, the project will be constructed at the same time as the City's Ekwill Street and Fowler Road Extensions projects.

Category Infrastructure – Bridge Estimated Annual Maintenance Costs: $10,000 DRAFT 150 of 289
Public Works
Hollister Avenue Bridge Replacement (SJC Phase II) 9033 Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - 295,760 766,900 1,542,700 2,605,360
102 General Fund Reserves 344 - - 344
205 Measure A 82,875 4,400 52,725 220,000 550,000 910,000 220 Transportation Facilities DIF 900,751 57,493 2,930,627 3,888,871 234 Storm Drain DIF - - 100,000 100,000
401 HBP Federal Grant 5,260,570 228,657 18,816,608 24,305,835 601 Redevelopment Project Fund 9,502 - - 9,502
995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - -
TOTAL BY FUND 6,254,041 290,550 22,195,720 986,900 2,092,700 - - - 31,819,911 57050 Land Acquisition/ROW 2,272,437 85,663 4,292,869 6,650,969 57070 Preliminary Eng/Environ 3,879,161 63,798 789,469 4,732,428 57071 Construction/CM 102,443 141,089 17,113,381 986,900 2,092,700 20,436,513 TOTAL BY PHASE 6,254,041 290,550 22,195,720 986,900 2,092,700 - - - 31,819,911 Proposed
DRAFT 151 of 289
Public Works
Storke Road Widening, Phelps to City Limits 9042
DRAFT
152 of 289
Public Works
Storke Road Widening, Phelps to City Limits 9042 Description:

Project limits are from Phelps Road to Sierra Madre Court (City Limits). The existing configuration of Storke Road along the Proposed Project alignment includes one northbound vehicle lane, bike lane, and a landscaped parkway and sidewalk along its eastern side. Along its western side there is a landscaped center median and two vehicle southbound lanes, including a vehicle transition lane merge between Phelps Road and Whittier Drive, a bike lane and sidewalk. The remainder of the alignment along its west side includes one southbound vehicle lane, a bike lane and a sidewalk. The proposed design includes two vehicle travel lanes in each direction, as well as sidewalks and Class II bike lanes in both directions. The medians and parkways will be preserved as much as possible. Feasibility studies are underway to analyze inclusion of a separated Class I/Multipurpose path through the project limits and replacement of the existing pipe culverts with a natural bottom box culvert beneath Storke Road.

Benefit/Core Value: Strengthen infrastructure. Purpose and Need:

Improve existing and anticipated traffic circulation along Storke Road from the UCSB campus to US Highway 101 and the City. Storke Road north and south of this segment to be widened have two travel lanes in each direction, leaving this segment acting as a bottleneck. Improve bicycle and pedestrian access.

Project Status: The project is not currently in the Annual Work Program. When this project is added in the future, it will be in the Conceptual Design phase of the Project Delivery Process.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL 220 Transportation Facilities DIF 44,509 - 106,140 150,649 230 Long Range Development Plan 223,773 - 383,716 607,489 231 Developer Agreement - - - -
999 Unfunded - - - 12,116,002 12,116,002
TOTAL BY FUND 268,281 - 489,856 - - - 12,116,002 - 12,874,140 57050 Land Acquisition/ROW - - - 96,000 96,00057070 Preliminary Eng/Environ 268,281 - 489,856 692,002 1,450,140 57071 Construction/CM - - - 11,328,000 11,328,000
TOTAL BY PHASE 268,281 - 489,856 - - - 12,116,002 - 12,874,140 Proposed
DRAFT
153 of 289
Public Works
Hollister Widening, West of Storke Road 9044
DRAFT 154 of 289
Public Works
Hollister Widening, West of Storke Road 9044
Description:

Project limits are on Hollister Avenue from Storke Road intersection to 280 feet west of S. Glen Annie Road. The existing configuration of Hollister Avenue along the Proposed Project alignment includes two westbound vehicle lanes, bike lane, and an 8 foot sidewalk along its northern side. The project does not affect the south side (eastbound) of Hollister Ave.

The proposed design includes maintaining the two vehicle travel lanes, as well as sidewalk and bike lane in the westbound direction with the addition of a third westbound lane. This lane would allow southbound Storke Road vehicles transitioning to the westbound direction of Hollister Ave to have a dedicated lane and relocate the merge lane farther west past S. Glen Annie Road. The Hollister Village improvements include the additional westbound lane which this project will connect to on the west side of S. Glen Annie. This project also includes the relocation of the Southern California Edison steel transmission line pole on the northwest corner of S. Glen Annie to not conflict with the proposed improvements.

Benefit/Core
Value: Strengthen infrastructure.

Purpose and
Need:

Improve existing and anticipated traffic circulation along Hollister Avenue from Storke Road including US Highway 101 and the City and support and implement the City’s Transportation Element.

Project Status: This project is currently on hold due to the staffing deficit and other project priorities Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
205 Measure A 86,316 - 13,684 100,000
220 Transportation Facilities DIF 15,691 - - 15,691
230 Long Range Development Plan 14,440 - 534,954 549,394 999 Unfunded - - - 3,506,115 3,506,115
TOTAL BY FUND 116,446 - 548,638 - - - - 3,506,115 4,171,200 57050 Land Acquisition/ROW - - - 660,000 660,000
57070 Preliminary Eng/Environ 116,446 - 548,638 665,085 57071 Construction/CM - - - 2,846,115 2,846,115
TOTAL BY PHASE 116,446 - 548,638 - - - - 3,506,115 4,171,200 Proposed
DRAFT 155 of 289
Public Works
Cathedral Oaks Crib Wall Repair 9053
DRAFT 156 of 289
Public Works
Cathedral Oaks Crib Wall Repair 9053
Description:

The project includes repairing the crib walls and multi-purpose path along the north side of Cathedral Oaks Road damaged during past storm events. A Geotechnical Engineering firm performed a comprehensive and systematic full-scale geotechnical investigation of the two crib walls along the northern side of Cathedral Oaks Road to determine the potential failure mechanisms related to the crib wall design and construction.

The work included drilling approximately 23 geotechnical borings ranging between 25 feet to 80 feet below ground surface (equal to twice the height of the retaining wall), performing geophysical crosshole logging and ground penetrating radar (GPR) that was not performed during pervious investigations, collecting and analyze soil sample in the laboratory, and developing and providing recommended structural repair options and cost estimates. This project will be entering the design phase.

Benefit/Core
Value: Strengthen City-wide infrastructure including roads and traffic circulation.

Purpose and
Need:

There has been structural damages to the crib wall structure and backfill due to the 2017 (January) winter storms. High intensity rainfall caused runoff to infiltrate backfill and caused extensive damage to wall backfill, including material loss and scouring of wall structure embedment.

Unknown limits of damage to backfill, and potential for wall failure to affect Cathedral Oaks Road and bike path resulting in the decision to close both facilities. The roadway has subsequently been reopened. The bike path remains closed.

Project Status: The project is in the conceptual design phase.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 221,608 252,509 832,899 1,307,016
205 Measure A 142,632 - - 521,000 200,000 863,632
420 FHWA - FEMA Reimb Anticipated - - 87,746 87,746
423 ARPA - - - -
995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - 15,511,770 15,511,770
TOTAL BY FUND 364,240 252,509 920,645 16,032,770 200,000 - - - 17,770,164 57050 Land Acquisition/ROW - - 300,000 300,000
57070 Preliminary Eng/Environ 311,688 252,509 457,187 521,000 1,542,384 57071 Construction/CM 52,552 - 163,458 15,511,770 200,000 15,927,780 TOTAL BY PHASE 364,240 252,509 920,645 16,032,770 200,000 - - - 17,770,164 Proposed
DRAFT 157 of 289
Public Works / Planning & Environmental
LED Street Lighting Project 9056
DRAFT 158 of 289
Public Works / Planning & Environmental
LED Street Lighting Project 9056
Description:

This project includes the audit of streetlights in the City, reconciliation with SCE audit data, acquisition of streetlights from SCE, and conversion from high pressure sodium (HPS) to light-emitting diode (LED). The expected results of this project include energy cost savings, increased public safety, and timely streetlight repair.

Benefit/Core
Value: Strengthen Infrastructure, ensure environmental vitality and ensure Financial Stability.

Purpose and
Need: Improve lighting on streets, sidewalks, and crosswalks while generating energy and maintenance savings.

Project Status: The project is completed.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 857,993 25,691 46,316 930,000
233 OBF SCE 153,589 - - 153,589
502 Street Lighting 192,000 - 18,000 210,000
999 Unfunded - - - -
TOTAL BY FUND 1,203,582 25,691 64,316 - - - - - 1,293,589 57010 Machinery & Equipment 558,750 - 2,045 560,795
57070 Preliminary Eng/Environ 123,876 - 19,124 143,000
57071 Construction/CM 520,956 25,691 43,147 589,794
TOTAL BY PHASE 1,203,582 25,691 64,316 - - - - - 1,293,589 Proposed
DRAFT 159 of 289
Public Works
Cathedral Oaks Class I Multi-Use Path 9061
1 | Page
DRAFT 160 of 289
Public Works
Cathedral Oaks Class I Multi-Use Path 9061
2 | Page
Description:

Class I Multi-Use Path Cathedral Oaks Road – San Pedro Creek to Eastern City Limit Class II lanes exist. Construct a multi-use path along Cathedral Oaks Road between San Pedro Creek and the eastern City limit near Cambridge Drive.

Benefit/Core Value: Strengthen City-wide Infrastructure Purpose and Need:

Cathedral Oaks Road currently has Class II bike lanes. The proposed project will construct a new multi-use path on this arterial that is heavily used by drivers, bicyclists, and pedestrians. As one of only two east-west arterials that completely traverse the City of Goleta, Cathedral Oaks Road is the only one that has enough right of way and is not so fully developed that there is still room to install a separate multipurpose path. The project will create a non-motorized corridor where bicycles and pedestrians can safely travel between activity centers and residential neighborhoods without traveling alongside vehicles on a busy, high-speed arterial roadway Project Status: Due to the staffing deficit and other project priorities, this project will be on hold.

Category Estimated Annual
Maintenance Costs: $0
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
220 Transportation Facilities DIF 1,360 - - 1,360
999 Unfunded - - - 21,214,640 21,214,640
TOTAL BY FUND 1,360 - - - - - 21,214,640 - 21,216,000
57050 Land Acquisition/ROW - - - 4,800,000 4,800,000
57070 Preliminary Eng/Environ 1,360 - - 4,798,640 4,800,000 57071 Construction/CM - - - 11,616,000 11,616,000
TOTAL BY PHASE 1,360 - - - - - 21,214,640 - 21,216,000
Proposed
DRAFT 161 of 289
Public Works
Storke Road/Hollister Avenue Transit, Bike/Ped, and Median Improvements 9062 DRAFT 162 of 289
Public Works
Storke Road/Hollister Avenue Transit, Bike/Ped, and Median Improvements 9062 Description:

The Project includes transit, bicycle and pedestrian, and roadway improvements along Storke Road south of Hollister Avenue. Transit improvements consist of re-designing and merging the two bus stops on Storke Road into one bus stop and replacing bus stop structures on Storke and the structure located on Hollister Avenue east of Storke Road. The work will also include restriping at the intersection of Storke Road and Hollister Avenue to reinstate a free right turn lane for northbound Stork Road to eastbound Hollister Avenue and new bike lane striping along Storke Road and crosswalk improvements at the intersection. Median adjustments and left turn lane restriping will be implemented for the left turn lanes from Northbound Storke Road to westbound Hollister Ave, and from southbound Storke Road to Storke Plaza Road. Santa Barbara Municipal Transportation District (SBMTD) is contributing approximately $60,000 to the project for their bus stop related improvements.

Benefit/Core
Value: Strengthen infrastructure.

Purpose and
Need:

The Project will provide for adjusting the medians on Storke Road southbound to allow for increased left turn pocket storage areas. Transit improvements will improve circulation of public buses as well as motorists. Median improvements and left turn lane restriping will improve circulation for left turning movements. Restriping at the intersection of Storke Road and Hollister Avenue will improve safety conditions for bicycles.

Project Status: The Project is in the Final Design phase which includes right-of-way acquisition of the Project Delivery Process.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
220 Transportation Facilities DIF 26,082 - 133,077 159,159 230 Long Range Development Plan 137,694 23,072 109,369 270,136 206 Measure A- Other 67,116 - 355,834 422,950
995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - -
TOTAL BY FUND 230,893 23,072 598,280 - - - - - 852,245
57050 Land Acquisition/ROW - - 111,400 111,400
57070 Preliminary Eng/Environ 230,893 23,072 77,310 331,275 57071 Construction/CM - - 409,570 409,570
TOTAL BY PHASE 230,893 23,072 598,280 - - - - - 852,245 Proposed
DRAFT 163 of 289
Neighborhood Services
Evergreen Park Improvements 9063
DRAFT 164 of 289
Neighborhood Services
Evergreen Park Improvements 9063
Description:

Development of a master plan for this park is necessary to confirm needs and uses as well as insure appropriate ESHA and Creek buffers for the proposed improvements. Identified needs include, but not limited to: a permanent restroom facility near the playground, renovate the multi-purpose field (formerly 9075), improve storm water drainage infrastructure and creek habitat, and improve accessibility to comply with the Americans with Disabilities Act at Evergreen Park. In conjunction with the master planning process, the project scope is expanded to address concerns related to failing storm water infrastructure, ADA deficiencies throughout the park, and safety issues on the 18-hole disc golf course. Community outreach, design, and permitting is consolidated for improved cost efficiencies and better project delivery, including reducing impacts to residents and better overall park design.

Benefit/Core Value: Preserve and enhance the quality of life in Goleta.

Purpose and Need:

Evergreen Park is currently served by two portable restrooms, the field needs to be renovated for active recreation, ADA deficiencies are present on all pathways, including the sidewalk adjacent to the park and the age of the current storm water drains needs to be addressed and compliant with current standards and the adopted Creek and Watershed Management Plan. The disc golf course also requires redesign to improve safety.

Project Status: The expanded project is in the preliminary engineering phase.

Category Buildings and Site Improvements Estimated Annual Maintenance Costs: $15,000 above current maintenance costs Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
221 Parks & Recreation DIF 21,494 - 258,506 280,000
995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - 5,000,000 5,000,000
TOTAL BY FUND 21,494 - 258,506 - - 5,000,000 - - 5,280,000 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 21,494 - 108,506 130,000
57071 Construction/CM - - 150,000 5,000,000 5,150,000
TOTAL BY PHASE 21,494 - 258,506 - - 5,000,000 - - 5,280,000 Proposed
DRAFT 165 of 289
Public Works
Reclaimed Water Service to Evergreen Park 9064
DRAFT 166 of 289
Public Works
Reclaimed Water Service to Evergreen Park 9064
Description: Install a reclaimed water line at Evergreen Park to service the upcoming active recreation field, and extend reclaimed water service to supply existing park irrigation system.

Benefit/Core
Value: Preserve and enhance the quality of life in Goleta.

Purpose and
Need:

The CIP also included a project to install an active play field at Evergreen Park. The grass must be maintained for optimal use. Due to the drought, using potable water for parks and open spaces is not a viable option. The Goleta Sanitary District produces reclaimed water that is resold though the Goleta Water District. The City needs to connect to an existing reclaimed water line and install a meter, piping and filtration system in order to use the reclaimed water at the park.

Project Status: Due to the staffing deficit and other project priorities, this project is on hold.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
221 Parks & Recreation DIF - - - -
995 To Be Determined (TBD) Other Grants/Sources - - - 530,000 530,000 999 Unfunded - - - 310,000 310,000
TOTAL BY FUND - - - - - - - 840,000 840,000
57050 Land Acquisition/ROW - - - 30,000 30,000
57070 Preliminary Eng/Environ - - - 110,000 110,000
57071 Construction/CM - - - 700,000 700,000
TOTAL BY PHASE - - - - - - - 840,000 840,000
Proposed
DRAFT 167 of 289
Public Works
Reclaimed Water Service to Bella Vista Park 9065
DRAFT 168 of 289
Public Works
Reclaimed Water Service to Bella Vista Park 9065
Description: Install a reclaimed water meter in the City right-of-way, and extend reclaimed water service to supply the existing park irrigation system in Bella Vista Park. The mainline will also extend to Evergreen Park.

Benefit/Core
Value: Preserve and enhance the quality of life in Goleta.

Purpose and
Need:

Due to the drought, using potable water for parks and open spaces is not a viable option. The Goleta Sanitary District produces reclaimed water that is resold though the Goleta Water District. The City needs to connect to an existing reclaimed water line and install a meter, piping and filtration system to use the reclaimed water at the park.

Project Status: Due to the staffing deficit and other project priorities, this project is on hold.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
221 Parks & Recreation DIF 1,403 - 204,141 205,544
231 Developer Agreement 12,455 - - 12,455
999 Unfunded - - - 626,800 626,800
TOTAL BY FUND 13,858 - 204,141 - - - - 626,800 844,800
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 13,858 - 120,141 130,000 264,000 57071 Construction/CM - - 84,000 496,800 580,800
TOTAL BY PHASE 13,858 - 204,141 - - - - 626,800 844,800 Proposed
DRAFT 169 of 289
General Services
Goleta Community Center Improvements 9067
DRAFT 170 of 289
General Services
Goleta Community Center Improvements 9067
Description:

This project consists of seismic improvements to the Goleta Community Center building and site. Needed seismic improvements include strengthening the floor diaphragm, roof diaphragm, dining room cripple walls, wall to truss connections in the auditorium, and supporting bell tower. Exterior improvements are limited to reroofing. Additional future work may include structural repairs/upgrades throughout the site.

Benefit/Core
Value:

Preserve and enhance the quality of life in Goleta. Improve Old Town and maintain a safe community.

Purpose and
Need:

The Goleta Community Center main building was built in 1927 and various other buildings were constructed in the 1940’s and 1950’s. A seismic evaluation of the main building yielded two main deficiencies. They included inadequate connection between the roof system and exterior concrete walls, and the absence of proper roof structural sheathing throughout the entire roof system, excluding the barrel vault.

Project Status: Project is in the construction phase.

Category Facilities Estimated Annual
Maintenance Costs: $50,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 667,140 681,380 1,294,870 2,643,391
402 Community Development Block Grant 48,677 - - 48,677 421 FEMA HMGP Grant 1,340,118 1,637,615 945,149 3,922,882 995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - -
TOTAL BY FUND 2,055,935 2,318,996 2,240,019 - - - - - 6,614,950 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 277,931 3,900 65,639 347,470 57071 Construction/CM 1,778,004 2,315,096 2,174,380 6,267,480 TOTAL BY PHASE 2,055,935 2,318,996 2,240,019 - - - - - 6,614,950 Proposed
DRAFT 171 of 289
Neighborhood Services
Improvements to Athletic Field at the Goleta Community Center (GCC) 9071 DRAFT 172 of 289
Neighborhood Services
Improvements to Athletic Field at the Goleta Community Center (GCC) 9071 Description:

Construction of the park is complete, but a need to address the drainage remains as heavy rains carry the landscape materials away from the park. The project rehabilitated the athletic field located at the Goleta Community Center (GCC) with hydro seed, irrigation and miscellaneous park amenities. The drainage will be redesigned as a bioswale with plants and other materials to allow for more water percolation on the site and naturally treat run off.

Benefit/Core
Value: To maintain and improve City-wide facilities.

Purpose and
Need:

Active Recreation Outdoor Facilities was an identified as a significant need in the Recreation Needs Assessment. This field is located behind the Community Center in Old Town and is used daily by children of all ages. The renovation will restore the field to a safe, active recreation facility.

Project Status: This project has been completely constructed, but project team is currently addressing some post construction issues before closing out the project.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
205 Measure A - - - -
221 Parks & Recreation DIF 303,957 - 27,918 331,875
319 Housing & Community Development State Fund 269,234 - - 269,234 TOTAL BY FUND 573,191 - 27,918 - - - - - 601,109
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 88,767 - 5,870 94,636
57071 Construction/CM 484,425 - 22,048 506,473
TOTAL BY PHASE 573,191 - 27,918 - - - - - 601,109
Proposed
DRAFT 173 of 289
Neighborhood Services
Stow Grove Multi-Purpose Field 9074
DRAFT 174 of 289
Neighborhood Services
Stow Grove Multi-Purpose Field 9074
Description:

The project began as a field renovation but has expanded to a Master Planning Process for a renovation of Stow Grove Park, based on community input during initial outreach efforts. A conceptual master design is anticipated by the end of calendar year 2022, which will provide an option to construct the entire renovation project or separate it out into two to three phases. Project to address parking and access deficiencies, provide recreation infill opportunities and improve utility efficiencies.

Benefit/Core Value:

This project will address a need for additional youth sports facilities in the community. By utilizing the approach of providing a multipurpose field, the City can maximize provision of services on available City owned property. This project also supports the Strategic Plan strategy to enhance quality of life in Goleta.

Purpose and Need: While the renovation of the field was identified as a "Highest Priority" item in the Recreation Needs Assessment report, the construction of the field would require multiple ADA improvements in various areas, launching the need for a master plan approach.

Project Status: The project is in the CEQA process, which is anticipated to be completed by September of 2023 and project can move to design.

Category Park Improvements Estimated Annual
Maintenance Costs: $ 0 No additional maintenance costs
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
221 Parks & Recreation DIF 166,242 60,030 1,223,729 3,500,000 4,950,000 995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - 4,500,000 4,500,000
TOTAL BY FUND 166,242 60,030 1,223,729 3,500,000 4,500,000 - - - 9,450,000 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 166,242 60,030 513,729 3,500,000 4,500,000 8,740,000 57071 Construction/CM - - 710,000 710,000
TOTAL BY PHASE 166,242 60,030 1,223,729 3,500,000 4,500,000 - - - 9,450,000 Proposed
DRAFT 175 of 289
Public Works
Rancho La Patera Improvements 9078
DRAFT 176 of 289
Public Works
Rancho La Patera Improvements 9078
Description: The project consists of parking lot repair, installation of fire line and hydrants, construction of a restroom facility, Americans with Disabilities Act (ADA) improvements, provision for pedestrian sidewalk and passive use areas, lighting, and walking path repair.

Benefit/Core
Value: Strengthen City-wide infrastructure.

Purpose and
Need:

Various improvements are needed at Rancho La Patera. The existing parking lot is in a state of disrepair and improvements are needed to the surface driveway which provides access to the Stow House and surrounding structures. Reconstruction of the parking lot and resurfacing of the driveway are necessary to accommodate park users and employees. The only existing public restroom is a single portable toilet located in the parking lot. Due to the number of users of the park facilities a more permanent restroom facility is necessary. Additionally, the site is lacking adequate water service in case of a fire at the site. Installation of a new waterline and fire hydrants is necessary for protection of the historic buildings.

Project Status: The project is in the conceptual design phase. The programmed funding will be used for design and construction.

Category Estimated Annual
Maintenance Costs: $5,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
221 Parks & Recreation DIF 122,860 - 648,304 771,164
231 Developer Agreement 23,836 - - 23,836
999 Unfunded - - - 12,957,000 12,957,000
TOTAL BY FUND 146,696 - 648,304 - - - - 12,957,000 13,752,000 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 146,696 - 563,304 4,330,000 5,040,000 57071 Construction/CM - - 85,000 8,627,000 8,712,000
TOTAL BY PHASE 146,696 - 648,304 - - - - 12,957,000 13,752,000 Proposed
DRAFT 177 of 289
Neighborhood Services
Goleta Train Depot and S. La Patera Improvements 9079
DRAFT 178 of 289
Neighborhood Services
Goleta Train Depot and S. La Patera Improvements 9079
Description:

The Neighborhood Services Department will construct a new multi-modal train station at the location of the existing Amtrak platform.

The new Train Depot will include facilities for ticketing, passenger waiting, dining, meeting rooms, restrooms/showers, and bike storage. The Project site is adjacent to the existing AMTRAK platform at the northern end of South La Patera Lane. The project will also include expanded parking, bus facilities, and bicycle and pedestrian improvements along South La Patera Lane between the new station and Hollister Avenue.

Benefit/Core Value: Strengthen City-wide infrastructure including roads and traffic circulation.

Purpose and Need:

The existing Amtrak platform lacks connectivity to station users’ final destinations, has inadequate parking and transit accessibility, provides limited and marginal restroom facilities, does not have a covered waiting area or food services, has poor pedestrian to the site, and has poor bicycle access and storage. Developing an enhanced Train Depot will improve services and accommodate future increases in passenger ridership resulting from the Surfliner commuter train between Ventura and Goleta. The project addresses the need for improved and expanded multi-modal transit facilities by providing improved parking, bus turnouts, bicycle and pedestrian access, bicycle parking, access to regional rail connections, and first-mile/last-mile connectivity.

Project Status:

The City secured State Transit and Intercity Regional Capital Program (TIRCP) grant funding for the Project planning, design, and construction costs. In January of 2022 the Council certified the Final Environmental Impact Report (FEIR), approved the Mitigation Monitoring and Reporting Program, and approved the Project. On January 31, 2023, the Project secured an additional $5.56 M in TIRCP Funding which is matched by a $1M commitment of City funds. In December of 2023, City Council approved the development of the Train Depot, plans and specifications and authorized staff to advertise for bids.

Category Buildings & Improvements Estimated Annual
Maintenance Costs: $125,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 2,656,172 6,030 93,971 900,000 3,656,172
220 Transportation Facilities DIF 49,900 - 100 50,000
222 Public Administration Development Fees 2,324,344 - 17,030 2,341,374 231 Developer Agreement 2,031,178 - - 2,031,178
235 Bicycle & Pedestrian DIF 200,000 - - 200,000
321 TIRCP 2,430,809 275,236 15,055,228 17,761,273
TOTAL BY FUND 9,692,404 281,265 15,166,328 900,000 - - - - 26,039,997 57050 Land Acquisition/ROW 6,706,153 - 74 6,706,227
57070 Preliminary Eng/Environ 2,986,251 275,236 431,284 3,692,770 57071 Construction/CM - 6,030 14,734,971 900,000 15,641,000 TOTAL BY PHASE 9,692,404 281,265 15,166,328 900,000 - - - - 26,039,997 Proposed
DRAFT 179 of 289
Public Works
Covington Drainage System Improvements 9081
DRAFT 180 of 289
Public Works
Covington Drainage System Improvements 9081
Description: This project will address system capacity, peak flow attenuation, inlet efficiency and downstream conveyance between the inlet at Cathedral Oaks near Laguna Camino Vista, and the outlet at Covington Way and Lake Los Carneros.

Benefit/Core
Value: Strengthen Infrastructure and maintain a safe community.

Purpose and
Need:

The purpose of the project is to improve storm drain system performance and reduce the potential for flooding of City roadways and adjacent property.

Project Status: Due to the staffing deficit and other project priorities, this project is on hold.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 19,854 - - 19,854
999 Unfunded - - - 9,549,246 9,549,246
TOTAL BY FUND 19,854 - - - - - - 9,549,246 9,569,100
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 19,854 - - 3,487,146 3,507,000 57071 Construction/CM - - - 6,062,100 6,062,100
TOTAL BY PHASE 19,854 - - - - - - 9,549,246 9,569,100
Proposed
DRAFT 181 of 289
Public Works
Traffic Signal Upgrades 9083
DRAFT 182 of 289
Public Works
Traffic Signal Upgrades 9083
Description:

This project will upgrade and modernize existing city traffic signals including retroreflective back plates, advanced dilemma detection, leading pedestrian indicators (LPIs), cabinets, contorllers, battery back-up systems, and 12-inch LED lenses at various locations throughout the City.

There are four primary locations - Hollister Avenue at Rutherford Street, Hollister Avenue at Pine Avenue, Fairview Avenue at Encina Road, and Fairview Avenue at Calle Real. - with more full-scale upgrades and replacements. Many of the remaining intersections have some updated equipment and require only some new components and improvements.

Benefit/Core
Value: Strengthen Infrastructure.

Purpose and
Need:

The purpose of the project is to improve traffic signal operation, reliability and intersection function, addressing the needs of vehicle and pedestrian safety and accessibility.

Project Status: The project is in the conceptual design phase. The City received a $3.12 million Highway Safety Improvement Program (HSIP) grant for the work.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 8,151 - 328,749 336,900
205 Measure A 216 - 94,784 95,000
417 Highway Safety Improvement Program - 258,197 2,861,904 3,120,100 999 Unfunded - - - -
TOTAL BY FUND 8,367 258,197 3,285,437 - - - - - 3,552,000 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 8,367 258,197 381,437 648,000 57071 Construction/CM - - 2,904,000 2,904,000
TOTAL BY PHASE 8,367 258,197 3,285,437 - - - - - 3,552,000 Proposed
DRAFT 183 of 289
Neighborhood Services
Community Garden 9084
DRAFT 184 of 289
Neighborhood Services
Community Garden 9084
Description:

A Community Garden provides a public space where area residents or community gardeners can grow produce for personal use. It is envisioned that the Armitos Community Garden would also offer demonstration gardening or other instructional programming through public/private partnerships. Proposed improvements include a 20,000 square foot garden area comprised of raised' garden plots, decomposed granite walkways, irrigation, hose bibs, fencing and a picnic area with pizza oven. This project will be constructed along with the bike path extension from Jonny D. Wallis Neighborhood Park to Armitos Avenue. Additional improvements to the ADA walkway and the playground are necessary to complete this project.

Benefit/Core Value: Preserve and enhance quality of life.

Purpose and Need:

The City's Recreation Needs Assessment identified a Community Garden as a desired and needed facility for Goleta and recommended that it be developed in a portion of Armitos Park in Old Town. A community garden is a unique and inclusive community space where people from all backgrounds gather, meet and share. A community garden has the potential to be a central gathering place for a neighborhood that creates strong ties between neighbors. Community gardens positively affect the neighborhoods in which they are located through health, social, ecological and neighborhood benefits. As well as eating better and being more active, gardeners are more involved in social activities, view their neighborhoods as more beautiful, and have stronger ties to their neighborhoods. Community Gardens also provide many opportunities for children and youth to be involved.

Project Status: Construction to begin in June of 2023
Category Park Improvements Estimated Annual
Maintenance Costs: $ 10,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
221 Parks & Recreation DIF 255,620 1,529,139 428,384 2,213,144 TOTAL BY FUND 255,620 1,529,139 428,384 - - - - - 2,213,144 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 72,190 94,143 32,801 199,134 57071 Construction/CM 183,430 1,434,997 395,583 2,014,010 TOTAL BY PHASE 255,620 1,529,139 428,384 - - - - - 2,213,144 Proposed
DRAFT 185 of 289
Public Works
Goleta Storm Drain Master Plan 9085
DRAFT 186 of 289
Public Works
Goleta Storm Drain Master Plan 9085
Description:

The project will study patterns of drainage and flooding that exist throughout the entire City, including a specific focus in Old Town Goleta. The work will include evaluating the capacity of existing storm drain pipes and channels and providing recommendations for improvements to area drainage, storm drain, and channel capacity. The City does not have a comprehensive storm drain master plan. In particular, Old Town area lacks adequate storm drain infrastructure and street hydraulic capacity, resulting in intersection flooding in minor storm events. Lack of capacity in existing storm drains and overflow from adjacent flood control channels in larger storm events contributes to inundation patterns reflected on current FEMA flood maps.

Benefit/Core
Value: Strengthen Infrastructure and maintain a safe community.

Purpose and
Need:

The purpose of this project is to comprehensively study and evaluate drainage issues and sources of flooding in the entire City and provide recommendations for required improvements. The project addresses the need to improve safety and reduce flood risk to traffic, pedestrians and property citywide, with a section dedicated to Old Town Goleta.

Project Status: The project is in the conceptual design phase.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
205 Measure A - - 100,000 100,000
234 Storm Drain DIF - - 100,000 100,000
995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - -
TOTAL BY FUND - - 200,000 - - - - - 200,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - 200,000 200,000
57071 Construction/CM - - - -
TOTAL BY PHASE - - 200,000 - - - - - 200,000
Proposed
DRAFT 187 of 289
Public Works
Vision Zero Plan 9086
DRAFT 188 of 289
Public Works
Vision Zero Plan 9086
Description:

The project would create a Vision Zero program for the City. Vision Zero is a concept that centers on a core belief that all accidents are preventable, and that roadway designers should design and modify roads with the goal and reducing collision rates that result in injuries or fatalities to zero. Under the current method of calculating roadway collisions, there is an acceptable number of collision per million vehicle miles.

The Vision Zero philosophy replaces that one with the idea that since all collisions are preventable, there are no acceptable collision numbers other than zero. While zero is not likely attainable, it changes the focus of the problem and has resulted in better and safer designs in areas where it has been adopted, beginning with Sweden in 1997.

Benefit/Core
Value: Strengthen Infrastructure.

Purpose and
Need:

The City of Goleta has one of the highest rates of bicycle commuters on the central coast, and is actively promoting walking, biking and the use of all alternative modes of transportation. While the City has not had a high number of collisions, the City’s commitment to the safety of all roadway users makes Vision Zero an appropriate tool to adopt. This is expected to be a living document, to be updated constantly by incorporating other relevant documents, guidelines and regulations by reference.

Project Status: The project is in the Conceptual Design phase. .

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
205 Measure A - - 10,000 486,000 496,000
999 Unfunded - - - 1,215,000 537,500 51,500 1,804,000
TOTAL BY FUND - - 10,000 - 1,215,000 537,500 537,500 - 2,300,000 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - 10,000 343,800 101,900 101,900 557,600 57071 Construction/CM - - - 871,200 435,600 435,600 1,742,400 TOTAL BY PHASE - - 10,000 - 1,215,000 537,500 537,500 - 2,300,000 Proposed
DRAFT 189 of 289
Public Works
Goleta Traffic Safety Study (GTSS) 9089
DRAFT 190 of 289
Public Works
Goleta Traffic Safety Study (GTSS) 9089
Description:

The City applied for and received a Systemic Safety Analysis Report Program (SSARP) grant. Following receipt of the grant, the project will address ongoing safety concerns for eleven specific corridors in the City. The project will review specific crash locations in greater detail for roadway/intersection attributes that are common to all corridors within the project study area. The project will also identify locations which are experiencing unusually high pedestrian and bicycle collisions, what roadway features are contributing to these collisions and where similar characteristics occur in the identified corridors.

Additionally, the City applied for and received a Highway Safety Improvement Program (HSIP) grant in the amount of $53,000 to complete a Local Road Safety Plan (LRSP). An LRSP document will be required for agencies to submit future HSIP grant applications and for project planning. The current SSAR scope of work does not include the additional requirements for a LRSP, including a establishing a stakeholders group, gathering public input, and focusing on the 4e's of safety (Engineering, Enforcement, Education, and Emergency Service). The additional funding for the LRSP will ensure the City creates a robust document that includes not only the engineering side and local collision history (SSAR) but also the higher level and broader focus including public input and trends in the City. This will include particularly focusing on items related to driver behavior, enforcement practices, emergency response, and then engineering challenges.

Together the SSAR and LRSP proved the City with a proactive approach that focuses on evaluating the entire roadway network.

Benefit/Core
Value: To maintain and improve City-wide facilities, roads and traffic circulation. Maintain a safe community.

Purpose and
Need:

Combined, the SSAR and LRSP are designed to assist local agencies with preparing studies specifically evaluating Strategic Highway Safety Plan (SHAP) Challenge Areas, include public outreach, and employ the 4 e’s of safety (Engineering, Enforcement, Education, and Emergency Service). The purpose is to take a proactive safety approach evaluating an entire roadway network as opposed to individual high-collision site analysis. “A systemic analysis acknowledges that crashes alone are not always sufficient to prioritize countermeasures across a system. This is particularly true for many local streets and highways in rural areas with low volumes where crash densities tend to be low and there are few high crash locations, and in urban areas where vehicles interact with vulnerable road users (pedestrians, bicyclists, and motorcycles)” (Caltrans SSARP Guidelines, February 2016). The resulting study will be referenced as the supporting document for grant applications such as the Highway Safety Improvement Program and Active Transportation Program.

Project Status: The project study has been completed.

DRAFT 191 of 289
Public Works
Goleta Traffic Safety Study (GTSS) 9089
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 24,974 - - 24,974
205 Measure A 4,426 - 46,299 50,725
317 SSARP Grant 278,482 - (482) 278,000
999 Unfunded - - - -
TOTAL BY FUND 307,882 - 45,817 - - - - - 353,699
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 307,882 - 45,817 353,699
57071 Construction/CM - - - -
TOTAL BY PHASE 307,882 - 45,817 - - - - - 353,699
Proposed
DRAFT 192 of 289
Neighborhood Services
San Miguel Park Improvements 9093

DRAFT 193 of 289
Neighborhood Services
San Miguel Park Improvements 9093
Description:

Project will improve and expand existing playground facilities, providing for disabled accessible paths of travel, activities and play surfaces. Improvements will address existing failing timber retaining walls and guard rails, and improve access and visibility from adjacent streets. Other park infrastructure will be evaluated during this process to determine potential replacement (ie: irrigation and pedestrian access bridge). The project will require a traffic study to determine safe access for possible ADA Parking.

Benefit/Core Value: To maintain and improving City-wide facilities.

Purpose and Need: Various improvements and safety and ADA upgrades were identified through the Recreation Needs Assessment and are required at various park locations. The purpose of the project is to provide improvements to the structure, access and playground surfacing.

Project Status: This project is in the preliminary engineering phase Category Park Improvements Estimated Annual
Maintenance Costs: $0 No new maintenance expense
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
221 Parks & Recreation DIF - - 275,000 400,000 675,000
TOTAL BY FUND - - 275,000 - 400,000 - - - 675,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - 75,000 75,000
57071 Construction/CM - - 200,000 400,000 600,000
TOTAL BY PHASE - - 275,000 - 400,000 - - - 675,000
Proposed
DRAFT 194 of 289
Neighborhood Services
Santa Barbara Shores Park Improvements 9094
DRAFT 195 of 289
Neighborhood Services
Santa Barbara Shores Park Improvements 9094
Description:

Project will improve safety and access for existing park facilities. The project will remove playground equipment (swings) due to inadequate safety clearances, provide an identified disabled accessible path of travel from the street, provide improvements to the safety surfacing on the existing playground and possibly expand or add a new play feature to replace the removed swings.

Benefit/Core Value: To maintain and improving City-wide facilities.

Purpose and Need: The purpose of the project is to construct accessible paths of travel and remove unsafe equipment, addressing the need for safe and accessible park facilities.

Project Status: This project is in the preliminary engineering phase Category Park Improvements Estimated Annual
Maintenance Costs: $0 No new maintenance expense
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
221 Parks & Recreation DIF - - 305,000 305,000
TOTAL BY FUND - - 305,000 - - - - - 305,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - 55,000 55,000
57071 Construction/CM - - 250,000 250,000
TOTAL BY PHASE - - 305,000 - - - - - 305,000
Proposed
DRAFT 196 of 289
Public Works
Orange Avenue Parking Lot 9096

DRAFT
Orange Avenue Parking Lot (APN 071-051-011)
197 of 289
Public Works
Orange Avenue Parking Lot 9096
Description:

The approximate 6,500 square foot lot (APN 071-051-011) is 1/3 of a block north of Hollister Avenue on the western side of Orange Avenue.

Depending on striping configurations, the Property is likely to provide between 17-19 spaces. The Property is zoned High Density Residential (DR-30, 30 units per acre) with a General Plan Land Use designation Old Town Commercial. Property needs to be evaluated for improvements, including, but not limited to, repaving, striping, lighting, trash enclosures, potential bicycle facilities and security so it can truly function as a public parking lot.

Benefit/Core
Value:

The Property is one of the few existing vacant lots in an area within close proximity of Old Town’s principal commercial corridor that can be used for a parking lot in Old Town.

Purpose and
Need: Increase public off-street parking in Old Town.

Project Status:

The lot was temporarily repaired and opened to the public in April 2019. Public Works continues to evaluate the property for permanent improvements and will continue to work the property owner to the south regarding mutual reciprocity ingress/egress to/from the Property to obtain additional parking spaces. On an interim basis PW will place the resurfacing for this parking lot on a future resurfacing project.

Category Infrastructure – Parking Lots Estimated Annual Maintenance Costs: $5,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
222 Public Administration Development Fees 373,928 - - 373,928 999 Unfunded - - - -
TOTAL BY FUND 373,928 - - - - - - - 373,928
57050 Land Acquisition/ROW 373,928 - - 373,928
57070 Preliminary Eng/Environ - - - -
57071 Construction/CM - - - -
TOTAL BY PHASE 373,928 - - - - - - - 373,928
Proposed
DRAFT 198 of 289
Public Works
Fairview Corridor Study (Fowler Road to Calle Real) 9097 DRAFT 199 of 289
Public Works
Fairview Corridor Study (Fowler Road to Calle Real) 9097 Description:

The project will evaluate the Fairview Avenue corridor from James Fowler Road through Hollister Avenue intersection to Calle Real. Public works will prepare a Feasibility Study for the corridor that evaluates vehicular, pedestrian, and bicycle traffic and potential improvements. The project may include constructing a Class I Multi-Use Path over the freeway, additional sidewalks, additional crosswalks, new striping, and/or signage.

Benefit/Core
Value: Strengthen infrastructure including roads and traffic circulation. Return Old Town to a Vital Center of the City.

Purpose and
Need:

The City of Goleta will evaluate the Fairview Avenue corridor especially the Union Pacific Railroad (UPRR) and US 101 overcrossing to determine and recommend potential safety improvements for pedestrians and bicyclists. Public Works has identified this corridor as one of the main north-south freeway crossings and barrier to pedestrian and bicycle traffic. During the public outreach engagement for the City’s Bicycle and Pedestrian Master Plan project, the community also overwhelmingly provided written and verbal comments in this area. The number of comments prompted staff to identify this area as a “focus area” in the Bicycle and Pedestrian Master Plan process.

Project Status: The project is not currently in Annual Work Program. When this project is added in the future, it will be in the conceptual design phase of the Project Delivery Process.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
205 Measure A - - - 250,000 250,000
220 Transportation Facilities DIF - - - -
999 Unfunded - - - 50,000 50,000
TOTAL BY FUND - - - - - - - 300,000 300,000
57050 Land Acquisition/ROW - - - 80,000 80,000
57070 Preliminary Eng/Environ - - - 220,000 220,000
57071 Construction/CM - - - -
TOTAL BY PHASE - - - - - - - 300,000 300,000
Proposed
DRAFT 200 of 289
Public Works
Crosswalk at Calle Real/Fairview Center-Pedestrian Hybrid Beacon (PHB)9099 DRAFT 201 of 289
Public Works
Crosswalk at Calle Real/Fairview Center-Pedestrian Hybrid Beacon (PHB)9099 Description:

The Project improvements include constructing a new Pedestrian Hybrid Beacon (PHB) signal controlled crosswalk on Calle Real approximately 550 feet west of the Fairview Avenue and Calle Real intersection. The Project includes constructing a PHB signal with mastarms, developing a power supply, and installing pedestrian push buttons. In addition to the PHB, the Project will install “activated” Blank Out Signs to control vehicular traffic turning out of adjacent driveways. When a pedestrian or bicyclist activates the PHB signal, the Blank Out Signs will also be activated and stop vehicular traffic at the adjacent driveways until the pedestrian or bicyclist has safely crossed. The Project will construct Americans with Disabilities Act (ADA) accessible ramps at the crossing location and install new crosswalk striping, pavement markings, and applicable PHB warning and control signage.

Benefit/Core
Value:

Strengthen City-wide infrastructure including roads and traffic circulation. Maintain a safe community. Incorporate Vision Zero plans with the goal of eliminating the potential for future traffic related injuries and/or fatalities.

Purpose and
Need:

There is an existing pedestrian/bicycle access path/ramp leading from Fairview Ave directly down to Calle Real and outletting across the street from a popular commercial destination. There is no pedestrian or bicycle crossing of Calle Real at this location. The Project will help address the safety concern for pedestrians and bicyclists, including school aged children, who currently cross 5 lanes of traffic at an uncontrolled location on Calle Real near Fairview Center. This Project addresses existing pedestrian crossing patterns to/from the Fairview Avenue overcrossing on the south side of Calle Real to destinations to/from the north side. These destinations include schools, services, and the Fairview Center. The PHB crossing will enhance safety by providing a controlled and visible crossing to facilitate bicycle and pedestrian crossings on Calle Real.

Project Status: The project is in the design phase of the project delivery process. This project is currently in construction and will be completed winter of 2023 Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
205 Measure A 123,648 48,654 125,023 297,325
206 Measure A- Other 248,988 (1,657) 50,168 297,500
311 Misc Grant 232,130 47,561 20,309 300,000
999 Unfunded - - - -
TOTAL BY FUND 604,766 94,558 195,500 - - - - - 894,825
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 91,670 - 1,655 93,325
57071 Construction/CM 513,096 94,558 193,846 801,500
TOTAL BY PHASE 604,766 94,558 195,500 - - - - - 894,825 Proposed
DRAFT 202 of 289
Public Works
Fairview Hollister Roundabout (6100 Hollister) 9100
DRAFT 203 of 289
Public Works
Fairview Hollister Roundabout (6100 Hollister) 9100
Description: This project will design and construct a two lane roundabout at the intersection of Hollister Avenue and Fairview Avenue. The project will include traffic studies and roundabout at this intersection and will identify potential impacts.

Benefit/Core Value: To maintain and improve City-wide facilities, roads and traffic circulation.

Purpose and Need: The roundabout will provide congestion relief and operational capacity at one of the busiest intersections in the City.

Project Status: The project is not currently in Annual Work Program. When this project is added in the future, it will be in the conceptual design phase.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
220 Transportation Facilities DIF - - - -
999 Unfunded - - - 12,416,000 12,416,000
TOTAL BY FUND - - - - - - - 12,416,000 12,416,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 4,430,000 4,430,000 57071 Construction/CM - - - 7,986,000 7,986,000
TOTAL BY PHASE - - - - - - - 12,416,000 12,416,000
Proposed
DRAFT 204 of 289
General Services
City Hall Improvements 9101
1 | Page
DRAFT 205 of 289
General Services
City Hall Improvements 9101
2 | Page
Description:

In 2019 the City completed acquisition of 130 Cremona Drive, which is an approximate 2-acre parcel that includes a 40,000 square foot two-story building utilized as Goleta City Hall. At the time of acquisition, the City recognized that a series of building improvements would be needed to upgrade the facility and accommodate the space needs of the organization. The first phase of these improvements included completion of a space needs analysis of the building, connection of the second floor to a backup generator, and the installation of a solar array in the parking lot. The current phase of this project includes implementation of the space needs analysis through interior modifications to work stations, enclosed offices, conference rooms, breakrooms and restroom facilities, primarily on the second floor.

The next phase will include accessibility improvements, such as the installation of an elevator, as well as lobby area improvements.

Benefit/Core Value: Strengthen City-wide infrastructure.

Purpose and Need:

The project provides the City with a civic facility that is appropriately configured and upgraded to house staff, provide spaces for public meetings, and allow for the provision of municipal services in accordance with applicable building codes, accessibility laws, and City of Goleta strategic plans.

Project Status:

The City closed escrow on the site in November 2019. A space needs analysis was completed in 2020 and presented to the City Hall Facilities Standing Committee in 2022. Also in 2022, both the connection of the second floor of City Hall to an emergency generator and the installation of a solar array in the parking lot were completed. Next steps will focus on tenant improvements to the second floor, which will include reconfiguring work stations, and remodeling enclosed offices, conference rooms, restrooms and break room areas to accommodate the organization’s increase in staffing. The following phase will include the installation of an elevator, as well as various accessibility enhancements and improvements to lobby areas.

Category Facilities Estimated Annual
Maintenance Costs: $160,000 - $200,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 10,637,751 3,526 414,207 11,055,483
222 Public Administration Development Fees - - 42,279 42,279 224 Sheriff Facilities Development Fees 934,877 - 168,002 1,102,880 608 IBank - - - -
995 To Be Determined (TBD) Other Grants/Sources - - - 1,949,276 1,949,276 999 Unfunded - - - -
TOTAL BY FUND 11,572,628 3,526 624,488 - 1,949,276 - - - 14,149,918 57050 Land Acquisition/ROW 11,572,628 - 70,291 11,642,919 57070 Preliminary Eng/Environ - - 45,000 45,000
57071 Construction/CM - 3,526 509,197 1,949,276 2,461,999 TOTAL BY PHASE 11,572,628 3,526 624,488 - 1,949,276 - - - 14,149,918 Proposed
DRAFT 206 of 289
Public Works
Storke Road Corridor Study 9102
DRAFT 207 of 289
Public Works
Storke Road Corridor Study 9102
Description:

The project will evaluate the Storke Road corridor from the City limits to Cathedral Oaks Road across the US 101. Public Works will prepare a Feasibility Study for the corridor that evaluates vehicular, pedestrian, and bicycle traffic and potential improvements. The evaluation will include evaluating options for crossing Hollister Avenue and the US 101/UPRR overcrossing. The project may include constructing a Class I Multi-Use Path, additional sidewalks, additional crosswalks, new striping, and/or signage.

Benefit/Core
Value: Strengthen Infrastructure.

Purpose and
Need:

The City of Goleta will evaluate the Storke Road corridor especially the Hollister Avenue intersection, Union Pacific Railroad (UPRR), and US 101 overcrossing to determine and recommend potential safety improvements for pedestrians and bicyclists. Public Works has identified this corridor as one of the main north-south freeway crossings and barrier to pedestrian and bicycle traffic. During the public outreach engagement for the City’s Bicycle and Pedestrian Master Plan project, the community also provided written and verbal comments in this area.

Project Status: The project is not currently in Annual Work Program. When this project is added in the future, it will be in the conceptual design phase.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
205 Measure A - - - -
220 Transportation Facilities DIF - - - -
999 Unfunded - - - 641,225 641,225
TOTAL BY FUND - - - - - - - 641,225 641,225
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 641,225 641,225
57071 Construction/CM - - - -
TOTAL BY PHASE - - - - - - - 641,225 641,225
Proposed
DRAFT 208 of 289
Public Works
Citywide School Zones Signage & Striping Evaluation 9103 DRAFT 209 of 289
Public Works
Citywide School Zones Signage & Striping Evaluation 9103 Description:

The Project includes evaluating and prioritizing the signage and striping needs in the vicinity of schools within the City. The Project will evaluate 4 elementary schools: Brandon School, Ellwood School, Kellogg School and La Patera School; 1 Junior High School: Goleta Valley Junior High School; 1 High School: Dos Pueblos High School and various K-8 public and private schools including: Santa Barbara Charter School, St. Raphael School, Montessori Center School of Santa Barbara, and Coastline Christian Academy. The project will also consider illuminating the traffic control devices in the evaluated areas to increase their visibility and increase motorists’ awareness of students’ presence. This project will evaluate the depth of these potentially hazardous conditions and prioritize a plan to fix them. Lastly, the project will result in a new asset database, improved Geographic Information Systems (GIS) maps, and recommended signage and striping improvements around schools within the City limits.

Benefit/Core
Value: Strengthen City-wide infrastructure including roads and traffic circulation. Maintain a safe community.

Purpose and
Need:

The current signage and striping around the various schools are often inconsistent and do not meet the current standards established by the Manual on Uniform Traffic Control Devices (MUTCD) and California supplement. These inconsistencies, in terms of application, can confuse road users and lead to potentially adverse safety affects. Other than inconsistencies, the issues documented with the current signage around the various schools are all related to limited visibility. The limited visibility can be attributed to signs that are faded, vandalized, or covered by overgrown vegetation. Also, some of the signs were placed at an improper angle or at an improper location, where they are not fully visible to motorists. The purpose is to have a comprehensive database of the existing facilities, recommended options for improvements, and a spatial database to track future improvements and needs.

Project Status: The Project is in the conceptual design phase.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
205 Measure A - - - -
999 Unfunded - - - 196,950 196,950
TOTAL BY FUND - - - - - 196,950 - - 196,950
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 196,950 196,950
57071 Construction/CM - - - -
TOTAL BY PHASE - - - - - 196,950 - - 196,950
Proposed
DRAFT 210 of 289
Public Works
Citywide Evaluation of Existing Traffic Signals 9104
DRAFT 211 of 289
Public Works
Citywide Evaluation of Existing Traffic Signals 9104
Description:

The Project includes evaluating, analyzing, and documenting the existing traffic signal equipment, configuration settings, and record drawings for all traffic signals within the City of Goleta. This Project will result in accurate documentation for the current conditions of the City’s traffic signal equipment. Based on this information, the City can evaluate and assess maintenance needs, prioritize and schedule replacement activities, and document maintenance efforts. The ability to evaluate, prioritize, and schedule the equipment maintenance and replacements will improve safety for pedestrians and motorists. Equipment being evaluated includes: traffic signal controllers, conduits, conductors, ADA pedestrian push buttons, count-down timers, and other traffic signal equipment. The project will result in a new asset database, improved Geographic Information Systems (GIS) maps, and recommended improvements for our traffic signal equipment.

Benefit/Core
Value: Strengthen infrastructure.

Purpose and
Need:

A number of the City’s traffic signal equipment at intersections is over 40 years old and replacement parts are difficult to secure. The City also does not have a comprehensive database with all of our traffic signal equipment, installation dates, replacement dates, intersection timing sheets, and record drawings. The purpose is to correct that deficiency and have accurate up-to-date information regarding the City’s equipment and system.

Project Status: The project is in the conceptual design phase. Public Works staff submitted a Highway Safety Improvement Program (HSIP) grant for $3,120,100 and is waiting on the program award announcements.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
205 Measure A - - - -
999 Unfunded - - - 363,200 363,200
TOTAL BY FUND - - - - - - - 363,200 363,200
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 363,200 363,200
57071 Construction/CM - - - -
TOTAL BY PHASE - - - - - - - 363,200 363,200
Proposed
DRAFT 212 of 289
Public Works
Ellwood Beach Drive Drainage Infrastructure Replacement 9105 DRAFT 213 of 289
Public Works
Ellwood Beach Drive Drainage Infrastructure Replacement 9105 Description: The project will replace the current drainage inlet on Ellwood Beach Drive and add a trash capture system to prevent trash from entering the stormwater system.

Benefit/Core Value: The project will increase overall trash capture in the city and improve the function and health of the City’s waterways.

Purpose and Need:

Public Works completed a visual trash assessments for all priority land use areas in the City of Goleta and identified stormdrain infrastructure that would benefit from the installation of trash capture systems. Public Works has identified the drainage inlet at the end of Ellwood Beach Drive as a priority location for trash capture system installation based on a high level of trash present in this area during visual surveys. Additional trash capture infrastructure is required in accordance with the City’s Track 2 Implementation Plan to Meet the State Water Board’s Trash Provision.

Project Status: The project is in the conceptual design phase.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
234 Storm Drain DIF - - - -
999 Unfunded - - - 966,000 966,000
TOTAL BY FUND - - - - - - 966,000 - 966,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 240,000 240,000
57071 Construction/CM - - - 726,000 726,000
TOTAL BY PHASE - - - - - - 966,000 - 966,000
Proposed
DRAFT 214 of 289
Public Works
Phelps Ditch Flood Control Channel Trash Control Structure-NEW 9106 DRAFT 215 of 289
Public Works
Phelps Ditch Flood Control Channel Trash Control Structure-NEW 9106 Description: The project will install a full trash capture system for the Phelps Ditch, a lined flood control channel with intakes along Hollister Ave. and between Hollister Ave. and Phelps Rd. The outfall for the ditch is on the west side of Phelps Rd. and drains to Phelps Creek.

Benefit/Core
Value:

The project will capture trash from all of the flows that travel through the Phelps Ditch Flood Control Channel, preventing the trash from entering Phelps Creek, the Devereux Slough and ultimately, the Pacific Ocean.

Purpose and
Need:

In order to comply with the State Water Resources Control Board’s statewide Amendment to the Water Quality Control Plan for Ocean Waters of California (Ocean Plan) to Control Trash and Part 1 Trash Provision of the Water Quality Control Plan for Inland Surface Waters, Enclosed Bays, and Estuaries (ISWEBE Plan) (the Trash Amendments), the City of Goleta completed the Track 2 Implementation Plan to Meet the State Water Board’s Trash Provision. As a component of the plan, the City has opted to implement both distributed full capture systems (FCS) at inlets and larger FCS at outfalls that include flows from multiple inlets. This project will implement a FCS at the Phelps Ditch outfall to capture trash from all inlets to the structure
Project Status: The project is in the conceptual design phase.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
234 Storm Drain DIF - - 50,000 50,000
999 Unfunded - - - 3,118,000 3,118,000
TOTAL BY FUND - - 50,000 - - - 3,118,000 - 3,168,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - 50,000 940,000 990,000 57071 Construction/CM - - - 2,178,000 2,178,000
TOTAL BY PHASE - - 50,000 - - - 3,118,000 - 3,168,000
Proposed
DRAFT 216 of 289
Public Works
Old Town South Fairview Avenue, High Flow Full Trash Capture Devices 9107 DRAFT
217 of 289
Public Works
Old Town South Fairview Avenue, High Flow Full Trash Capture Devices 9107 Description: The project will install a full trash capture system in the storm drain pipe on South Fairview Ave. in Old Town Goleta to collect trash from multiple inlets prior to release to the outlet. Benefit/Core Value: The project will increase overall trash capture in the city and improve the function and health of the City’s waterways. Purpose and Need:

Public Works completed a visual trash assessments for all priority land use areas in the City of Goleta and identified stormdrain infrastructure that would benefit from the installation of trash capture systems. Public Works has identified the drainage infrastructure on S. Fairview Ave. as a priority location because it collects flows from multiple inlets in areas found to have high volumes of trash during the visual assessment. This project will serve as a pilot to inform the implementation of additional trash capture infrastructure in accordance with the City’s Track 2 Implementation Plan to Meet the State Water Board’s Trash Provision.

Project Status: The project is in the conceptual design phase.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL 101 General - - - -
234 Storm Drain DIF 26,413 4,700 618,887 650,000
995 To Be Determined (TBD) Other Grants/Sources - - - 2,052,000 2,052,000 999 Unfunded - - - 1,026,000 1,026,000 2,052,000
TOTAL BY FUND 26,413 4,700 618,887 2,052,000 - 1,026,000 1,026,000 - 4,754,000 57050 Land Acquisition/ROW - - - -57070 Preliminary Eng/Environ 26,413 4,700 318,887 600,000 300,000 300,000 1,550,000 57071 Construction/CM - - 300,000 1,452,000 726,000 726,000 3,204,000 TOTAL BY PHASE 26,413 4,700 618,887 2,052,000 - 1,026,000 1,026,000 - 4,754,000 Proposed
DRAFT
218 of 289
Neighborhood Services
Winchester II Park Improvements 9108
PHASE 2 includes addressing
drainage concerns and Warwick
ADA entrance
DRAFT 219 of 289
Neighborhood Services
Winchester II Park Improvements 9108
Description:

Construct improvements as identified/needed during site inspections and in the Recreation Needs Assessment. Winchester II Park play equipment will be expanded and replaced. Additional improvements include fencing, curbing, and an ADA walkway from Calle Real.

Storms from 2023 revealed drainage issues on the North and the East sides of the park, which will be addressed with a new entrance at Warwick.

Benefit/Core Value: To maintain and improving City-wide facilities.

Purpose and Need: Various improvements and safety upgrades were identified through the Recreation Needs Assessment and after public comment and recent storm activity.

Project Status: Construction of playground complete, Design phase of Warwick entrance.

Category Park Improvements Estimated Annual
Maintenance Costs: $0 No new maintenance expense
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
221 Parks & Recreation DIF 250,359 - 59,641 310,000
999 Unfunded - - - -
TOTAL BY FUND 250,359 - 59,641 - - - - - 310,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 23,100 - - 23,100
57071 Construction/CM 227,259 - 59,641 286,900
TOTAL BY PHASE 250,359 - 59,641 - - - - - 310,000
Proposed
DRAFT 220 of 289
Public Works
Ward Drive Sidewalk Infill 9109
DRAFT 221 of 289
Public Works
Ward Drive Sidewalk Infill 9109
Description:

The Project includes constructing a new sidewalk to fill a 340-foot gap in the existing pedestrian network along a 2,400-foot route on the west side of Ward Drive extending from Ekwill Street to the terminus of Ward Drive at the Obern Trail. Project includes installation of new sidewalk, curb and gutter. Right-of-way acquisition will be necessary to build the sidewalk.

Benefit/Core Value: Strengthen City-wide infrastructure and maintain a safe community.

Purpose and Need:

The Project will remove a gap in the existing pedestrian network on the west side of Ward Drive south of Ekwill Street intersection.

The project will result in a continuous sidewalk connection from Ekwill Street to the Obern Trail, improving the City’s pedestrian network and increasing public access to Obern Trail due to increased accessibility.

Project Status: Due to the staffing deficit and other project priorities, this project is on hold.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
995 To Be Determined (TBD) Other Grants/Sources - - - 604,800 604,800 999 Unfunded - - - -
TOTAL BY FUND - - - - - - - 604,800 604,800
57050 Land Acquisition/ROW - - - 46,200 46,200
57070 Preliminary Eng/Environ - - - 63,000 63,000
57071 Construction/CM - - - 495,600 495,600
TOTAL BY PHASE - - - - - - - 604,800 604,800
Proposed
DRAFT 222 of 289
Public Works
Hollister Class I Bike Path Lighting 9110
DRAFT 223 of 289
Public Works
Hollister Class I Bike Path Lighting 9110
Description:

The Project is initiated to improve the Class I Bike/ Multipurpose path located along the south side of Hollister Avenue from Pacific Oaks Road to Ellwood Elementary School by installing approximately 44 lighting fixtures along the path. The lighting fixtures will be installed approximately 115 feet apart. This spacing will allow the path to be fully illuminated, thus, improving safety conditions for all path users. As part of the original construction of the path, underground conduits and facilities to accommodate lighting were constructed; therefore, the site is already prepped for installation. The Project will install the lighting fixtures, run wire through the existing conduit and pullboxes, and provide electrical service to the lighting system. The Class I Bike Path lighting will be installed at the back of the path and face the roadway to avoid the lights disturbing residential housing.

Benefit/Core
Value: Strengthen City-wide infrastructure and maintain a safe community.

Purpose and
Need:

The only lighting along this portion of Hollister Avenue is provided by light fixtures mounted on existing utility poles near street intersections.

This existing lighting provides some lighting for vehicles at intersections but otherwise the corridor is very dark during evening hours. This lack of sufficient lighting severely decreases visibility and increases risks for bicyclists, pedestrians, and motorists, particularly at the path crossings at the side streets. Increased lighting at these locations will enable motorists to more easily detect path users approaching the crossings. This will help in eliminating potential safety issues of path users not being seen. Path users have expressed the need for more sufficient lighting along the path during hours of low light and darkness.

Project Status:

The project received Measure A grant funding. The initial lighting design was completed along with the Hollister Class I Bike Path project and all conduit and pullboxes for the future lighting were installed as part of the bike path project construction. The project is in the final design phase of the Project Delivery Process.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
205 Measure A 35,188 (5,985) 324,471 353,674
206 Measure A- Other 17,213 21,141 386,043 424,397
999 Unfunded - - - 600,784 600,784
TOTAL BY FUND 52,401 15,156 710,514 - - - 600,784 - 1,378,855 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 52,401 15,156 86,168 153,725 57071 Construction/CM - - 624,346 600,784 1,225,130
TOTAL BY PHASE 52,401 15,156 710,514 - - - 600,784 - 1,378,855 Proposed
DRAFT 224 of 289
Neighborhood Services
Jonny D. Wallis Neighborhood Park Phase 2 – Splash Pad 9111 DRAFT 225 of 289
Neighborhood Services
Jonny D. Wallis Neighborhood Park Phase 2 – Splash Pad 9111 Description:

The Jonny D. Wallis Neighborhood Park was opened in March of 2019, with the Notice of Completion filed in May of 2019. This park design included a Splash Pad a recreation amenity, which was forced to be phased due to drought restrictions. As drought restrictions are lifted, the installation of the splash pad can occur with limited disruption of service to park users. Additional improvements to fencing, lighting and shade will be included.

Benefit/Core Value: To Enhance the Quality of Life in Goleta.

Purpose and Need:

During the original construction of CIP 9035, infrastructure related to utilities were included as part of the original contract. This phase will include design and construction of the Splash Pad Features and the support building for mechanical needs associated to the operations of the splash pad.

Project Status: Construction begins June of 2023
Category Park Improvements Estimated Annual
Maintenance Costs: $70,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
221 Parks & Recreation DIF 107,003 738,899 1,578,644 2,424,547 995 To Be Determined (TBD) Other Grants/Sources - - - - TOTAL BY FUND 107,003 738,899 1,578,644 - - - - - 2,424,547 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 52,473 7,023 12,362 71,858 57071 Construction/CM 54,530 731,876 1,566,283 2,352,689 TOTAL BY PHASE 107,003 738,899 1,578,644 - - - - - 2,424,547 Proposed
DRAFT 226 of 289
Public Works
Ellwood Mesa Monarch Butterfly Habitat Management Plan 9112 DRAFT 227 of 289
Public Works
Ellwood Mesa Monarch Butterfly Habitat Management Plan 9112 Description: The project will implement the Ellwood Mesa Monarch Butterfly Habitat Management Plan, a long-term, multi-disciplinary effort to ensure the viability of the butterfly population, facilitate scientific study, provide educational opportunities, and maintain recreational access.

Benefit/Core Value: Ensures good stewardship of wildlife habitat, recreational areas, and public safety.

Purpose and Need:

The project is a comprehensive management plan for 78-acres of eucalyptus, a portion of Devereux Creek, and key coastal access trailheads. The Ellwood Butterfly Grove is a designated Environmentally Sensitive Habitat Area and is also a regional destination that draws thousands of visitors each year. City Council adopted the Monarch Butterfly Management Plan in March 2019.

Project Status: The project is in the implementation phase but does require additional final design and permitting for portions of the plan.

Category Land Estimated Annual
Maintenance Costs: $250,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - 1,228 448,772 200,000 600,000 1,250,000
322 MBHMP 1,594,630 137,505 2,259,750 3,991,884
310 CAL Fire Grant - - - -
999 Unfunded - - - 5,666,226 50,000 5,716,226
TOTAL BY FUND 1,594,630 138,733 2,708,522 - - 5,666,226 250,000 600,000 10,958,110 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 1,594,397 138,733 1,118,504 501,476 600,000 3,953,110 57071 Construction/CM 232 - 1,590,018 5,164,750 250,000 7,005,000 TOTAL BY PHASE 1,594,630 138,733 2,708,522 - - 5,666,226 250,000 600,000 10,958,110 Proposed
DRAFT 228 of 289
Neighborhood Services
Mathilda Park Project 9113
1 | Page

DRAFT 229 of 289
Neighborhood Services
Mathilda Park Project 9113
2 | Page
Description:

Address a drainage problem that exists at the playground at Mathilda Park. Project includes a correction to the barrier, drainage adjustments, new playground surfacing and possibly a new playground based on potential damages under the surface. Project will address ADA improvements are needed to the walkway from the sidewalk to the playground as well as adjustments to landscapes for maintenance and utility efficiencies.

Benefit/Core Value: To maintain and improving City-wide facilities Purpose and Need:

The playground at Mathilda Park has water trapped below the surface, causing damage to the surfacing material as well as possible damage to the playground equipment. During rain events, the water does not drain, causing slippery surfaces, mildew and stagnant water at times. In addition, improvements are needed to the walkway from the sidewalk to the playground. Current slopes exceed ADA requirements.

Project Status: This project will be in construction in 2023 Category Park Improvements Estimated Annual
Maintenance Costs: $0 No new maintenance costs
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - 199,698 199,698
301 State Park Grant - - 177,952 177,952
402 Community Development Block Grant 14,271 66,129 66,201 146,602 999 Unfunded - - - -
TOTAL BY FUND 14,271 66,129 443,851 - - - - - 524,252
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 14,271 66,129 66,201 146,602 57071 Construction/CM - - 377,650 377,650
TOTAL BY PHASE 14,271 66,129 443,851 - - - - - 524,252
Proposed
DRAFT 230 of 289
Public Works
Hollister Avenue Old Town Interim Striping Project9114
DRAFT 231 of 289
Public Works
Hollister Avenue Old Town Interim Striping Project 9114 Description:

The Hollister Avenue Old Town Interim Striping Project will design and construct an interim striping project consisting of implementing the two-lane alternative for Hollister Avenue developed as part of the Hollister Avenue Complete Streets Corridor Project. The project consists of implementing a road diet by changing roadway striping, legends, and signage, and adding Class II bike lanes where none currently exist.

Other improvements identified in the Complete Streets Corridor Plan such as sidewalk widening, new medians, landscaping and other hardscape improvements would be deferred. The project would follow the standard Project Delivery Process with Conceptual Design, Environmental, Design and Construction.

Benefit/Core
Value: Strengthen Infrastructure and return Old Town to the Vital Center of the City.

Purpose and
Need:

Bicycle and pedestrian improvements are needed in Old Town. The Hollister Complete Streets Corridor Plan goals include expanding Old Town's transportation options by making streets within the corridor safer, more inviting, and more convenient for all travel modes and users.

The Interim Striping Project will look at conceptual designs presented in the Complete Streets Corridor Project two-lane alternatives. The project would reduce two major obstacles to implementing the Complete Streets Corridor Project, long timeline and lack of funding, while allowing to temporarily implement and meet the primary goals of the Complete Streets Project.

Project Status: The final design has been completed and the Project will be in construction summer of 2023.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
201 Gas Tax - - - -
205 Measure A 175,769 10,190 68,749 254,708
206 Measure A- Other - - - -
995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - -
TOTAL BY FUND 175,769 10,190 68,749 - - - - - 254,708
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 175,769 9,782 67,449 253,000 57071 Construction/CM - 408 1,300 1,708
TOTAL BY PHASE 175,769 10,190 68,749 - - - - - 254,708
Proposed
DRAFT 232 of 289
Public Works
Public Works Corporation Yard Repairs and Improvements 9115 1 | Page

DRAFT 233 of 289
Public Works
Public Works Corporation Yard Repairs and Improvements 9115 2 | Page
Description: The Public Works Department is proposing this project to assess the Corporation Yard, identify and repair immediate items of concern.

Additional phases or improvements may be needed pending assessment.

Benefit/Core Value: Strengthen City-wide infrastructure.

Purpose and Need: The Public Works Corporation Yard is currently in need of significant repairs, including minor structure damage, pest infestation, interior and exterior repairs.

Project Status: This is a proposed new project and the initial steps would be to initiate the conceptual design phase and perform an initial assessment.

Category Buildings and Improvements Estimated Annual
Maintenance Costs: $10,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 29,679 - 70,321 714,000 814,000
999 Unfunded - - - -
TOTAL BY FUND 29,679 - 70,321 - 714,000 - - - 814,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 29,679 - 70,321 100,000
57071 Construction/CM - - - 714,000 714,000
TOTAL BY PHASE 29,679 - 70,321 - 714,000 - - - 814,000
Proposed
DRAFT 234 of 289
Neighborhood Services
Pickleball Court Improvements 9116
DRAFT 235 of 289
Neighborhood Services
Pickleball Court Improvements 9116
Description:

Consider the installation of two permanent pickleball courts in one of the tennis courts at Evergreen Park, Stow Grove Open Space and Berkeley Park. This process will include a significant public outreach effort in each of the neighborhoods, where the installation of the courts will be considered.

Benefit/Core Value: Preserve and enhance the quality of life in Goleta.

Purpose and Need: The growth and interest of the sport of pickleball in the last few years has outgrown the current opportunities in Goleta Project Status: Preliminary Design
Category Buildings and Improvements/Parks Estimated Annual Maintenance Costs: No additional maintenance costs
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
221 Parks & Recreation DIF - - 100,000 100,000
999 Unfunded - - - -
TOTAL BY FUND - - 100,000 - - - - - 100,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - 25,000 25,000
57071 Construction/CM - - 75,000 75,000
TOTAL BY PHASE - - 100,000 - - - - - 100,000
Proposed
DRAFT 236 of 289

PUBLIC WORKS DEPARTMENT
SAN JOSE CREEK CHANNEL FISH PASSAGE MODIFICATION 9117
1 | Page
DRAFT 237 of 289

PUBLIC WORKS DEPARTMENT
SAN JOSE CREEK CHANNEL FISH PASSAGE MODIFICATION 9117
2 | Page
Description: Removal and replacement or modification of existing fish-passage weirs located in the low-flow channel of San Jose Creek Channel and upstream grading along San Jose Creek.

Benefit/Core Value: Strengthen infrastructure and maintain a safe community.

Purpose and Need: Ensure optimum conditions for fish migration along San Jose Creek Channel and into the natural creek upstream.

Project Status: The project is in the design, environmental and permitting phase which is expected to continue into 2023. The construction schedule is uncertain at this time, although the target timeframe would be the summer of 2024.

Category Infrastructure Estimated Annual
Maintenance Costs: $150,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 227,559 80,657 1,381,784 750,000 2,440,000
995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - 1,000,000 1,000,000
TOTAL BY FUND 227,559 80,657 1,381,784 - 1,750,000 - - - 3,440,000 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 227,559 80,657 1,381,784 1,690,000 57071 Construction/CM - - - 1,750,000 1,750,000
TOTAL BY PHASE 227,559 80,657 1,381,784 - 1,750,000 - - - 3,440,000 Proposed
DRAFT 238 of 289
Public Works
Ellwood Mesa Coastal Trails and Habitat Restoration Project 9118 DRAFT 239 of 289
Public Works
Ellwood Mesa Coastal Trails and Habitat Restoration Project 9118 Description:

The project includes: 1) drainage and trail surface improvements to 1.56 miles of existing coastal trails and realignment of 0.54 miles of existing trails; 2) improvements to three drainage crossing; 3) improvements to two existing beach access points, and 4) 13 acres of habitat restoration.

Benefit/Core Value: Ensures good stewardship of wildlife habitat, recreational areas, and public safety.

Purpose and Need: The proposed project would improve public access throughout Ellwood Mesa, including two key coastal access locations, address ongoing erosion in portions of Devereux Creek, and restore habitat that supports sensitive plant and wildlife species.

Project Status: The project received a Coastal Development Permit in October 2019. Final engineering and habitat restoration plans need to be developed and approved by the California Coastal Commission.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
221 Parks & Recreation DIF - - - -
311 Misc Grant - - 208,500 208,500
322 MBHMP - - - -
995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - 4,186,500 4,186,500
TOTAL BY FUND - - 208,500 - 4,186,500 - - - 4,395,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - 208,500 556,500 765,000 57071 Construction/CM - - - 3,630,000 3,630,000
TOTAL BY PHASE - - 208,500 - 4,186,500 - - - 4,395,000
Proposed
DRAFT 240 of 289
Public Works
Ellwood Beach Drive Drainage 9119
1 | Page
DRAFT 241 of 289
Public Works
Ellwood Beach Drive Drainage 9119
2 | Page
Description: Repair/Replace existing drainage system at the end of Ellwood Beach Drive.

Benefit/Core Value: Strengthen infrastructure and maintain a safe community Purpose and Need:

The existing downdrain pipe at the end of the Ellwood Beach Drive is nonfunctioning causing drainage to bypass the down drain pipe and erode the existing slope. The existing downdrain system must be removed and a new downdrain constructed including repair of the eroded slope area. Existing pipes may need to be upsized to handle runoff.

Project Status: The project is in Conceptual Design.

Category Infrastructure Estimated Annual
Maintenance Costs: $500
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 8,641 14,649 219,710 243,000
234 Storm Drain DIF - - - -
995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - 871,200 871,200
TOTAL BY FUND 8,641 14,649 219,710 - 871,200 - - - 1,114,200 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 8,641 14,649 219,710 243,000 57071 Construction/CM - - - 871,200 871,200
TOTAL BY PHASE 8,641 14,649 219,710 - 871,200 - - - 1,114,200 Proposed
DRAFT 242 of 289
Public Works
Evergreen Park Drainage Repair 9120
1 | Page
DRAFT 243 of 289
Public Works
Evergreen Park Drainage Repair 9120
2 | Page
Description:

Repair or Replacement of existing drainage system with inlet located at Padova Dr and San Rossano Drive and outlet at Evergreen Park.

The drainage system consists of 12 ft drainage inlet at the curb with a 24 inch corrugated steel pipe running through Evergreen Park and outletting to an existing concrete lined ditch in the park.

Benefit/Core Value: Strengthen infrastructure and maintain a safe community/ Purpose and Need:

Past winter storms showed evidence that the existing pipe system has been damaged near the existing 36 Inch junction structure at the downdrain section of the pipe prior to the outlet at the concrete ditch. In 2021 a sink hole has developed at this section of pipe. The pipe is no longer functioning and requires repair or complete removal and replacement.

Project Status: This project is in the Conceptual Design Category Estimated Annual
Maintenance Costs: $1,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 3,328 40,846 158,126 202,300
995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - -
TOTAL BY FUND 3,328 40,846 158,126 - - - - - 202,300
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 3,328 40,846 58,126 102,300 57071 Construction/CM - - 100,000 100,000
TOTAL BY PHASE 3,328 40,846 158,126 - - - - - 202,300
Proposed
DRAFT 244 of 289
Public Works
Goleta Community Center ADA Improvements 9121
1 | Page
DRAFT 245 of 289
Public Works
Goleta Community Center ADA Improvements 9121
2 | Page
Description:

This project consists of Americans with Disabilities Act (ADA) improvements throughout the Goleta Community Center site. The project includes improvements across the site, public restrooms, door hardware, doorways, plumbing fixtures and stage lift. Initial work is focused on upgrades to the path of travel triggered by the seismic improvements to the main building.

Benefit/Core Value: Preserve and enhance the quality of life in Goleta. Improve Old Town and maintain a safe community.

Purpose and Need: Per the Americans with Disabilities Act, the Goleta Community Center (GCC) qualifies as a Title II facility. Title II of the ADA of 1990 prohibits discrimination on the basis of disability by public entities and requires that facilities be accessible by persons with disabilities.

Project Status: The design phase of the ADA improvements required as a result of the seismic improvements project is currently underway. Additional needed improvements have been identified and will be initiated in the near future.

Category Buildings and Improvements Estimated Annual
Maintenance Costs: $25,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General 11,446 11,400 580,644 135,000 81,000 819,490 402 Community Development Block Grant 135,225 76,633 90,222 25,000 25,000 352,079 424 Community Project Funding - - 3,000,000 3,000,000
995 To Be Determined (TBD) Other Grants/Sources - - - - 999 Unfunded - - - -
TOTAL BY FUND 146,671 88,033 3,670,866 160,000 106,000 - - - 4,171,569 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ 146,671 88,033 670,866 25,000 930,569 57071 Construction/CM - - 3,000,000 135,000 106,000 3,241,000 TOTAL BY PHASE 146,671 88,033 3,670,866 160,000 106,000 - - - 4,171,569 Proposed
DRAFT 246 of 289
Public Works
City-Wide Open Space Management & Maintenance 9122
1 | Page
DRAFT 247 of 289
Public Works
City-Wide Open Space Management & Maintenance 9122
2 | Page
Description:

The project consists of developing a programmatic inventory of Environmentally Sensitive Habitat Areas, prescribed maintenance activities, CEQA analysis, and permitting to cover annual management and maintenance in all City open spaces. The City manages over 500-acres of public land on 99 parcels. The majority of these areas are in public open space that require various regulatory agency approvals to conduct on-going maintenance activities, such as wildfire defensive space vegetation management, tree removals and trimming, and hard infrastructure replacement (pathways, culverts, etc.). This project will result in programmatic permit approvals to cover annual maintenance activities, allowing for more cost-effective and efficient operations.

Benefit/Core Value: Strengthens infrastructure, supports community vitality and enhances recreational opportunities, and supports environmental vitality.

Purpose and Need: Having a programmatic inventory of City-wide open spaces will streamline the permit process for annual maintenance and improve cost and operational efficiencies.

Project Status: The conceptual design phase will begin in winter 2024.

Category Parks and Open Space Estimated Annual
Maintenance Costs: $30,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - - -
999 Unfunded - - - 360,000 360,000
TOTAL BY FUND - - - - 360,000 - - - 360,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 360,000 360,000
57071 Construction/CM - - - -
TOTAL BY PHASE - - - - 360,000 - - - 360,000
Proposed
DRAFT 248 of 289
Public Works
Lake Los Carneros Master Plan 9123
1 | Page
DRAFT 249 of 289
Public Works
Lake Los Carneros Master Plan 9123
2 | Page
Description:

The project consists of updating the Lake Los Carneros Master Plan. This area includes significant natural resource areas, passive recreation and scenic amenities, Stow House and Rancho La Patera, and the South Coast Railroad Museum. The existing management plans were developed by the County and do not reflect current accessibility and historic structure requirements, wildfire risk reduction actions, or specific habitat restoration goals and priorities.

Benefit/Core Value: Strengthen infrastructure, support community vitality and enhance recreational opportunities, and support environmental vitality.

Purpose and Need: The purpose of this project is to update the existing Master Plan to incorporate accessibility, historic structure requirements, wildfire risk reduction actions, and specific habitat restoration goals and priorities.

Project Status: Due to the staffing deficit and other project priorities, this project will be deferred to summer of 2024.

Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - - -
999 Unfunded - - - 750,000 750,000
TOTAL BY FUND - - - - 750,000 - - - 750,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 750,000 750,000
57071 Construction/CM - - - -
TOTAL BY PHASE - - - - 750,000 - - - 750,000
Proposed
DRAFT 250 of 289

PUBLIC WORKS
Fairview Ave & Stow Canyon Rd Traffic Signal & Intersection Improvements 9124 1 | Page
DRAFT 251 of 289

PUBLIC WORKS
Fairview Ave & Stow Canyon Rd Traffic Signal & Intersection Improvements 9124 2 | Page
Description:

Install a new traffic signal at the intersection of Fairview Avenue and Stow Canyon Road. The project also includes, topographic surveys, identification and coordination with utility companies, including SCE which has several overhead lines and large poles located within the project improvements. Intersection improvements will consist of sidewalk reconstruction and installation, installation of pedestrian curb ramps to meet ADA standards, sidewalk widening, and installation of new curb including curb extensions to shorten pedestrian crossing distances and signing and striping improvements.

Benefit/Core Value: Strengthen infrastructure and maintain a safe community Purpose and Need:

Fairview Avenue is a high speed (42 mph prevailing speed) four-lane divided arterial that is a barrier for pedestrians and bicyclists. The Public Works recently completed a missing link of sidewalk along the east side of Fairview Avenue, increasing pedestrian demand in the area. Most importantly, this location is convenient access between Goleta Valley Jr. High School and the neighborhoods to the east. The project improvements will provide protected accessible pedestrian crossings at this intersection.

Project Status: Conceptual Design
Category Infrastructure Estimated Annual
Maintenance Costs: $1,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - - -
205 Measure A - - - -
999 Unfunded - - - 532,000 1,264,850 1,796,850
TOTAL BY FUND - - - - 532,000 1,264,850 - - 1,796,850
57050 Land Acquisition/ROW - - - 200,000 200,000
57070 Preliminary Eng/Environ - - - 332,000 332,000
57071 Construction/CM - - - 1,264,850 1,264,850
TOTAL BY PHASE - - - - 532,000 1,264,850 - - 1,796,850
Proposed
DRAFT 252 of 289

PUBLIC WORKS
Rectangular Rapid Flashing Beacons (RRFBs) Calle Real @ Jenna Dr 9125 1 | Page
DRAFT 253 of 289

PUBLIC WORKS
Rectangular Rapid Flashing Beacons (RRFBs) Calle Real @ Jenna Dr 9125 2 | Page
Description:

A rectangular rapid flashing beacon (RRFB) is proposed to be installed to enhance driver awareness of and yielding to pedestrians crossing Calle Real. The system shall be installed on the west leg of the intersection, making use of the existing curb ramps and crosswalk. The RRFB shall be connected to a Southern California Edison (SCE) power source and activated by a an ADA-compliant push button, with both a vibrating arrow button and audible sound cues for pedestrians.

Benefit/Core Value: Strengthen infrastructure and maintain a safe community Purpose and Need:

Calle Real is an arterial roadway with prevailing speeds of nearly 40 mph. The existing crossing at Jenna Drive provides access between the new Winchester II Park playground and the neighborhoods to the north. Severa incremental improvements have been made to this location over the past several years to enhance pedestrian accessibility including engineering and traffic surveys to establish the enforceable speed limit, speed enforcement, edge striping and pedestrian crossing signs, red curb at the crossing locations to enhance pedestrian visibility and installation of a high visibility crosswalk. These improvements have not addressed the safety concerns for pedestrians in the neighborhood.

Project Status: Conceptual Design
Category Infrastructure Improvements Estimated Annual
Maintenance Costs: $500
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
201 Gas Tax - - - -
205 Measure A - - - -
999 Unfunded - - - 217,800 217,800
TOTAL BY FUND - - - - 217,800 - - - 217,800
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - -
57071 Construction/CM - - - 217,800 217,800
TOTAL BY PHASE - - - - 217,800 - - - 217,800
Proposed
DRAFT 254 of 289
Neighborhood Services
Pickleball Entry and Waiting Area 9126
DRAFT 255 of 289
Neighborhood Services
Pickleball Entry and Waiting Area 9126
Description: The project consists of constructing an entry and waiting area that is aesthetically pleasing, safe for users and addresses ADA access.

Materials to be used for surfacing will be permeable.

Benefit/Core Value: This project will enhance the recently renovated pickleball courts at the Goleta Community Center. This project supports the Strategic Plan strategy to enhance the quality of life in Goleta.

Purpose and Need: The Goleta Valley Community Center Organization was working on a plan to improve this area before the City assumed management.

The organization has contributed funds to the project. The improvement will improve functionality and reduce maintenance.

Project Status: Design
Category Parks Estimated Annual
Maintenance Costs: A reduction of maintenance time
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
311 Misc Grant - - 50,000 50,000
402 Community Development Block Grant - 6,240 128,760 135,000 999 Unfunded - - - -
TOTAL BY FUND - 6,240 178,760 - - - - - 185,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - 6,240 8,760 15,000
57071 Construction/CM - - 170,000 170,000
TOTAL BY PHASE - 6,240 178,760 - - - - - 185,000
Proposed
DRAFT 256 of 289
General Services
Goleta Community Center Campus Refresh 9127
1 | Page
DRAFT 257 of 289
General Services
Goleta Community Center Campus Refresh 9127
2 | Page
Description: Following the ADA improvements and Seismic retrofit projects, the GCC Campus has replacements and refurbishments needed related to the building envelope, mechanical and electrical systems, plumbing, and interior elements and finishes.

Benefit/Core Value: Strengthen infrastructure and enhance recreational opportunities.

Purpose and Need: To maintain and preserve the campus for future generations, improvement projects will be identified as additional assessments are conducted.

Project Status: This is a proposed new project, and the initial steps would be to scope the project and to develop conceptual design, and to initiate environmental review including historic building considerations.

Category Buildings & Improvements Estimated Annual
Maintenance Costs: N/A
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - 100,000 150,000 250,000
402 Community Development Block Grant - - 54,431 54,431 999 Unfunded - - - - -
TOTAL BY FUND - - 154,431 150,000 - - - - 304,431
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - 154,431 150,000 304,431 57071 Construction/CM - - - -
TOTAL BY PHASE - - 154,431 150,000 - - - - 304,431
Proposed
DRAFT 258 of 289
General Services
Goleta Community Center Gazebo Area Improvements 9128
1 | Page
DRAFT 259 of 289
General Services
Goleta Community Center Gazebo Area Improvements 9128
2 | Page
Description: Replace gazebo and provide accessible ramp.

Benefit/Core Value: Strengthen infrastructure, enhance recreational opportunities, and improve accessibility to City facilities.

Purpose and Need: The gazebo has exceeded its useful life and is ready for a full replacement. In addition to replacing the gazebo, the project would provide an accessible ramp and handrails to access the top level.

Project Status: This is a proposed new project, and the initial steps would be to initiate project planning and conceptual design.

Category Buildings & Improvements Estimated Annual
Maintenance Costs: N/A
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - 150,000 150,000
999 Unfunded - - - 5,000 5,000
TOTAL BY FUND - - - - - - 155,000 - 155,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 35,000 35,000
57071 Construction/CM - - - 120,000 120,000
TOTAL BY PHASE - - - - - - 155,000 - 155,000
Proposed
DRAFT 260 of 289
Public Works
Goleta Community Center Parking Lot Improvements 9129
1 | Page
DRAFT 261 of 289
Public Works
Goleta Community Center Parking Lot Improvements 9129
2 | Page
Description: Resurfacing and striping of GCC parking lot.

Benefit/Core Value: Strengthen infrastructure and enhance recreational opportunities.

Purpose and Need: The asphalt has reached that end of its useful life, constituting a full asphalt overlay and restriping.

Project Status: This is a proposed new project, and the initial steps would be to initiate project planning and conceptual design.

Category Building & Improvements Estimated Annual
Maintenance Costs: N/A
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - 150,000 150,000
999 Unfunded - - - 480,000 480,000
TOTAL BY FUND - - - - - 630,000 - - 630,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 30,000 30,000
57071 Construction/CM - - - 600,000 600,000
TOTAL BY PHASE - - - - - 630,000 - - 630,000
Proposed
DRAFT 262 of 289
General Services
Goleta Valley Library ADA, Safety, and Building Improvement Project 9130 1 | Page DRAFT
263 of 289
General Services
Goleta Valley Library ADA, Safety, and Building Improvement Project 9130 2 | Page Description:

This project consists of Americans with Disabilities Act (ADA) improvements and building improvements. The project includes improvements across the site including public restrooms, parking lot, door hardware, roof, doorways, plumbing fixtures, and HVAC systems.

Benefit/Core Value: Strengthen infrastructure and improve accessibility to public facilities. Purpose and Need: Goleta Valley Library is an aging building with extensive capital repair needs in addition to ADA improvements within the facility that will be required as improvements are made to the facility. Project Status: Conceptual Category Buildings & Improvements Estimated Annual Maintenance Costs: TBD Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL 101 General - - 709,640 - 709,640
208 County Per Capita - - 180,000 180,000
325 California State Library - 4,278,560 - 4,278,560
501 Library Services - - 180,000 180,000
995 To Be Determined (TBD) Other Grants/Sources - - - - - TOTAL BY FUND - 5,348,200 - - - - - - 5,348,200
57050 Land Acquisition/ROW - - - -57070 Preliminary Eng/Environ - 1,011,870 - 1,011,87057071 Construction/CM - 4,336,330 - 4,336,330 TOTAL BY PHASE - 5,348,200 - - - - - - 5,348,200
DRAFT
264 of 289
General Services
Historic Train Station Preservation 9131
1 | Page
DRAFT 265 of 289
General Services
Historic Train Station Preservation 9131
2 | Page
Description: The Historic Train Station needs repair to building structures and other exterior elements, such as exterior painting. Additional phases or improvements may be needed pending assessment, including any ADA upgrades needed.

Benefit/Core Value: Strengthen infrastructure and preserve historic properties for future generations.

Purpose and Need: The Historic Train Station is currently in need of significant repairs, including structural, interior, and exterior repairs.

Project Status: This is a proposed new project, and the initial steps would be to scope the project and to develop conceptual design, and to initiate environmental review including historic building considerations.

Category Buildings & Improvements Estimated Annual
Maintenance Costs: TBD
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - 250,000 50,000 50,000 350,000
995 To Be Determined (TBD) Other Grants/Sources - - - 700,000 700,000 TOTAL BY FUND - - 250,000 50,000 750,000 - - - 1,050,000 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - 200,000 50,000 250,000 57071 Construction/CM - - 50,000 - 750,000 800,000
TOTAL BY PHASE - - 250,000 50,000 750,000 - - - 1,050,000 Proposed
DRAFT 266 of 289

PUBLIC WORKS
LAKE LOS CARNEROS FOOTBRIDGE 9132
1 | Page
Project Location
DRAFT 267 of 289

PUBLIC WORKS
LAKE LOS CARNEROS FOOTBRIDGE 9132
2 | Page
Description:

The bridge was constructed in the Lake Los Carneros area in the late 1980s, and has reached the end of its design lifespan. The bridge is comprised of a 276-foot long wooden causeway and consists of 24 spans, and contains multiple structural issues throughout. The next steps are to design a demolition plan to move forward with the removal of the existing bridge.

Benefit/Core Value: Strengthen infrastructure, support community vitality and enhance recreational opportunities, and, support environmental vitality.

Purpose and Need:

An engineering firm has conducted a visual inspection of the bridge. The result of the inspection determined the bridge should be closed to the public, and plans were put in place to demolish and replace the structure. The bridge has since remained closed and the City is now seeking measures to initiate the demolition of the structure. The footbridge is a popular local pathway in the Lake Los Carneros open space and is vital for accessibility to the area
Project Status: The project is entering the Design Phase for the bridge demolition.

Category Estimated Annual
Maintenance Costs: $30,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
995 To Be Determined (TBD) Other Grants/Sources - - - 1,050,000 1,050,000 TOTAL BY FUND - - - - 1,050,000 - - - 1,050,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 330,000 330,000
57071 Construction/CM - - - 720,000 720,000
TOTAL BY PHASE - - - - 1,050,000 - - - 1,050,000
Proposed
DRAFT 268 of 289
Public Works
Hollister Ave Sidewalk Improvement at Ellwood School Project 9133 1 | Page
DRAFT 269 of 289
Public Works
Hollister Ave Sidewalk Improvement at Ellwood School Project 9133 2 | Page
Description:

New CIP project. There is no ADA accessible sidewalk along the north side of Hollister Ave from “The Groves” housing community west to the signalized intersection of the entrance to Ellwood School. The existing pathway leading from the housing community to the school is narrow and on a steep slope which does not meet ADA standards. The existing surface of the pathway is in poor condition and is boarded by an unstable rail. There are no ACA accessible curb ramps at either end. This pathway is currently used by students who live on the north side of Hollister in this area and are accessing Ellwood School.

Public Works staff has received several phone calls from residents regarding the need for improvements and an ADA accessible sidewalk along this portion of Hollister Ave
Benefit/Core Value: Public safety, ADA improvement
Purpose and Need: Staff investigated the site and identified the issues that need to be addressed sooner to improve conditions and ADA access. Completion of the project will result in a continuous ADA accessible sidewalk along the north side of Hollister Ave.

Project Status:

The project has not begun conceptual design and there is currently no budget assigned to the project. Project funding will need to be identified before the project can begin the conceptual design phase. Environmental review is necessary, and the project is located within the Coastal Zone requiring Coastal Commission permitting. If the budget is identified it is anticipated that the conceptual design includes Right-or-Ways Works, Topographic Survey, Right-of-Way Location, Dig Alert Utility Marking, and environmental review can begin in FY22-23 fiscal year since the Coastal Development permit takes at least 18 months to issue. Anticipated Construction phase start dateFY 24/25.

Category Infrastructure- Regrade Slope, Sidewalk, ADA curb Ramp, Curb & Gutter, Relocate utility & Signage
Estimated Annual
Maintenance Costs: $600,000 to $650,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
201 Gas Tax - - 100,000 - 100,000
999 Unfunded - - - 942,800 942,800
TOTAL BY FUND - - 100,000 - 942,800 - - - 1,042,800
57050 Land Acquisition/ROW - - 33,000 - 33,000
57070 Preliminary Eng/Environ - - 67,000 144,200 211,200 57071 Construction/CM - - - 798,600 798,600
TOTAL BY PHASE - - 100,000 - 942,800 - - - 1,042,800
Proposed
DRAFT 270 of 289
General Services
Facilities Capital Renewal (Proposed FY24/25) 9134
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DRAFT 271 of 289
General Services
Facilities Capital Renewal (Proposed FY24/25) 9134
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Description: Facilities Capital Renewal
Benefit/Core Value: Strengthen Infrastructure, Maintain a Safe and Healthy Community, Ensure Equity, Inclusion, and Access in City Programs, Services and Activities
Purpose and Need:

The Facilities Capital Renewal Project funds various periodic replacements of building components (Roofs, HVAC, Plumbing, Electrical) that have reached the end of their useful life. Additionally, the program will cover upgrades to ensure compliance with the Americans with Disabilities Act (ADA) and efforts to mitigate hazards (including lead paint and asbestos) within the facilities as improvements are made.

The CRV (Current Replacement Value) of City-owned facilities is 55 million. Due to the severe backlog of deferred maintenance, the Facilities Capital Renewal CIP would address critical capital needs while also addressing necessary ADA improvements and Hazard Abatement. Over the next five years, several key projects will be addressed, including the City Hall HVAC replacements ($400,000), historical window replacement and restoration at the GVCC Campus ($500,000), and citywide roof replacements ($150,000). These projects are essential for ensuring our facilities' safety, functionality, and longevity while improving accessibility and mitigating hazards.

Project Status: Ongoing Capital Renewal
Category Facilities Estimated Annual
Maintenance Costs: N/A
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
999 Unfunded - - - 3,813,742 2,051,049 3,002,007 3,152,107 12,018,905 TOTAL BY FUND - - - - 3,813,742 2,051,049 3,002,007 3,152,107 12,018,905 57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 457,649 246,126 360,241 378,253 1,442,268 57071 Construction/CM - - - 3,356,094 1,804,923 2,641,766 2,773,854 10,576,637 TOTAL BY PHASE - - - - 3,813,742 2,051,049 3,002,007 3,152,107 12,018,905 Proposed
DRAFT 272 of 289
General Services
Stow House Preservation (Proposed FY24/25) 9135
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DRAFT 273 of 289
General Services
Stow House Preservation (Proposed FY24/25) 9135
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Description: The Stow House is in need of repair to building structures and other exterior elements, such as exterior painting. Additional phases or improvements may be needed pending assessment, including any ADA upgrades needed.

Benefit/Core Value: Strengthen infrastructure and preserve historic properties for future generations.

Purpose and Need: The Stow House is currently in need of significant repairs, including structural, interior, and exterior repairs.

Project Status: This is a proposed new project, and the initial steps would be to scope the project and to develop conceptual design, and to initiate environmental review including historic building considerations.

Category Buildings & Improvements Estimated Annual
Maintenance Costs: TBD
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - -
999 Unfunded - - - 200,000 200,000
TOTAL BY FUND - - - - - 200,000 - - 200,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 200,000 200,000
57071 Construction/CM - - - -
TOTAL BY PHASE - - - - - 200,000 - - 200,000
Proposed
DRAFT 274 of 289
General Services
Portable Replacement Project (Proposed FY24/25) 9136
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DRAFT 275 of 289
General Services
Portable Replacement Project (Proposed FY24/25) 9136
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Description: Portable Classroom Replacement Project at the Goleta Community Center Benefit/Core Value: Support Community Vitality and Enhanced Recreational Opportunities, Strengthen Infrastructure Purpose and Need:

There are three existing portable classrooms at the Goleta Community Center currently being leased out to Rainbow School for childcare facilities. The existing portable classrooms date back to the late 1960’s and are in failing condition, with critical systems needing permanent repair that are unfeasible on the existing structure. There were portables similar in age to the existing classrooms on the campus that were demolished in 2011. It is anticipated that in addition to the demolition and replacement of the classrooms, additional site work must occur to accommodate the facility. Typically, portable classrooms have a useful life of 25 years.

Project Status: This is a proposed new project.

Category Buildings & Improvements Estimated Annual
Maintenance Costs: $ 20,000
Fund Fund Desc Object Obj Desc
Prior Year
Actuals
FY 2023/24
Estimated
Actuals
FY 2023/24
Projected
Carryovers
FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 + Future Yrs TOTAL
101 General - - - 800,000 800,000
999 Unfunded - - - -
TOTAL BY FUND - - - - - - 800,000 - 800,000
57050 Land Acquisition/ROW - - - -
57070 Preliminary Eng/Environ - - - 50,000 50,000
57071 Construction/CM - - - 750,000 750,000
TOTAL BY PHASE - - - - - - 800,000 - 800,000
Proposed
DRAFT 276 of 289
City of Goleta
General Fund - Five Year Forecast - Revenues
FY 2022/23
Actuals
%
Chg
FY 2023/24
Original
Budget
%
Chg
FY 2023/24
Revised
Budget
%
Chg
FY 2023/24
Actuals
%
Chg
FY 2024/25
Original
Budget
%
Chg
FY 2024/25
Projected
Budget
%
Chg
FY 2025/26
Projected
Budget
%
Chg
FY 2026/27
Projected
Budget
%
Chg
FY 2027/28
Projected Budget
%
Chg
FY 2028/29
Projected Budget
%
Chg
Taxes
Property Tax 9,332,590 7.8% 9,015,100 9,428,714 1.0% 5,125,476 -45.6% 9,259,600 -1.8% 9,793,500 5.8% 10,185,240 4.0% 10,592,640 4.0% 11,016,340 4.0% 11,456,990 4.0% Sales Tax 8,726,058 1.8% 8,702,900 8,702,900 -0.3% 5,531,484 -36.4% 8,950,400 2.8% 9,026,800 0.9% 9,306,630 3.1% 9,585,820 3.0% 9,873,390 3.0% 10,169,590 3.0% Transaction and Use Tax 0.0% 5,300,000 - 5,300,000 0.0% 701,462 -86.8% 10,600,000 100.0% 11,000,000 3.8% 11,341,000 3.1% 11,681,230 3.0% 12,031,660 3.0% 12,392,600 3.0% Transient Occupancy Tax 13,884,890 -3.2% 13,400,000 13,400,000 -3.5% 9,293,386 -30.6% 13,800,000 3.0% 13,800,000 0.0% 14,145,000 2.5% 14,427,900 2.0% 14,716,450 2.0% 15,010,770 2.0% Cannabis Tax 1,021,742 -41.2% 1,130,000 630,000 -38.3% 450,097 -28.6% 1,140,000 81.0% 630,000 -44.7% 636,300 1.0% 642,660 1.0% 649,080 1.0% 655,570 1.0% Franchise Fee 1,636,443 8.1% 1,558,900 1,601,000 -2.2% 1,398,400 -12.7% 1,637,700 2.3% 1,681,050 2.6% 1,714,670 2.0% 1,748,960 2.0% 1,783,930 2.0% 1,819,600 2.0% Total 34,601,722 -0.6% 39,106,900 39,062,614 12.9% 22,500,305 -42.4% 45,387,700 16.2% 45,931,350 1.2% 47,328,840 3.0% 48,679,210 2.9% 50,070,850 2.9% 51,505,120 2.9% Charges for Services
Legal Deposits Earned -54.3% 7,300 1,000 1,000 -86.3% -100.0% - 0.0% 1,000 1,000 0.0% 1,010 1.0% 1,020 1.0% 1,030 1.0% 1,040 1.0% Planning Fees 117,807 -12.2% 120,000 120,000 1.9% 112,194 -6.5% 123,600 3.0% 124,200 0.5% 126,680 2.0% 129,210 2.0% 131,790 2.0% 134,420 2.0% Planning Deposits Earned 329,810 29.1% 268,500 210,500 -36.2% 158,979 -24.5% 276,500 31.4% 217,800 -21.2% 222,150 2.0% 226,590 2.0% 231,120 2.0% 235,740 2.0% Building Permits 456,122 7.9% 550,000 741,000 62.5% 492,410 -33.5% 550,000 -25.8% 787,200 43.1% 810,810 3.0% 835,130 3.0% 860,180 3.0% 885,980 3.0% Public Works Deposits Earned 32,733 -26.6% 62,300 17,300 -47.1% 11,236 -35.0% 64,100 270.5% 17,900 -72.1% 18,070 0.9% 18,250 1.0% 18,430 1.0% 18,610 1.0% PW/Engineering Fees 98,905 -26.5% 107,400 68,400 -30.8% 61,962 -9.4% 110,600 61.7% 70,800 -36.0% 71,500 1.0% 72,210 1.0% 72,930 1.0% 73,650 1.0% Solid Waste Roll Off Fees 26,455 -9.2% 30,000 30,000 13.4% 17,394 -42.0% 30,000 0.0% 30,000 0.0% 30,290 1.0% 30,590 1.0% 30,890 1.0% 31,190 1.0% Business License 539,876 4.7% 466,500 466,500 -13.6% 442,226 -5.2% 466,500 0.0% 346,500 -25.7% 349,950 1.0% 353,440 1.0% 356,960 1.0% 360,510 1.0% Plan Check Fees 397,352 36.6% 300,000 488,000 22.8% 376,266 -22.9% 300,000 -38.5% 554,400 84.8% 571,030 3.0% 588,160 3.0% 605,800 3.0% 623,970 3.0% Other Licenses & Charges 114,501 33.5% 108,400 128,100 11.9% 120,092 -6.3% 115,000 -10.2% 129,200 12.3% 130,460 1.0% 131,730 1.0% 133,020 1.0% 134,320 1.0% Total 2,120,862 9.9% 2,014,100 2,270,800 7.1% 1,792,758 -21.1% 2,037,300 -10.3% 2,279,000 11.9% 2,331,950 2.3% 2,386,330 2.3% 2,442,150 2.3% 2,499,430 2.3% Fines & Penalties
Fines & Penalties 170,039 1.0% 122,000 182,000 7.0% 151,052 -17.0% 125,000 -31.3% 166,500 33.2% 168,160 1.0% 169,840 1.0% 171,520 1.0% 173,210 1.0% Total 170,039 1.0% 122,000 182,000 7.0% 151,052 -17.0% 125,000 -31.3% 166,500 33.2% 168,160 1.0% 169,840 1.0% 171,520 1.0% 173,210 1.0% Investment Income
Interest & Rent Income -1041.5% 996,093 462,200 1,510,000 51.6% 1,713,912 13.5% 463,100 -69.3% 1,030,000 122.4% 1,053,010 2.2% 1,053,700 0.1% 1,074,770 2.0% 1,096,260 2.0% Total 996,093 -1041.5% 462,200 1,510,000 51.6% 1,713,912 13.5% 463,100 -69.3% 1,030,000 122.4% 1,053,010 2.2% 1,053,700 0.1% 1,074,770 2.0% 1,096,260 2.0% Reimbursements
Reimbursements 314,505 -18.6% 323,000 333,000 5.9% 282,231 -15.2% 312,000 -6.3% 342,900 9.9% 347,010 1.2% 349,540 0.7% 351,260 0.5% 353,000 0.5% Total 314,505 -18.6% 323,000 333,000 5.9% 282,231 -15.2% 312,000 -6.3% 342,900 9.9% 347,010 1.2% 349,540 0.7% 351,260 0.5% 353,000 0.5% Other Revenue
Other Revenue 125,585 -68.5% 35,000 2,011,449 1501.7% 48,300 -97.6% 35,000 -98.3% 120,500 244.3% 120,500 0.0% 120,500 0.0% 120,500 0.0% 120,500 0.0% Total 125,585 -68.5% 35,000 2,011,449 1501.7% 48,300 -97.6% 35,000 -98.3% 120,500 244.3% 120,500 0.0% 120,500 0.0% 120,500 0.0% 120,500 0.0% Transfers In
Transfers In Other Funds 15.6% 28,558 50,709 50,709 77.6% 21,224 -58.1% 50,709 0.0% 50,709 0.0% 50,700 0.0% 50,700 0.0% 50,700 0.0% 50,700 0.0% Total 28,558 15.6% 50,709 50,709 77.6% 21,224 -58.1% 50,709 0.0% 50,709 0.0% 50,700 0.0% 50,700 0.0% 50,700 0.0% 50,700 0.0% TOTAL REVENUES 38,357,365 2.0% 42,113,909 45,420,572 18.4% 26,509,782 -41.6% 48,410,809 6.6% 49,920,959 3.1% 51,400,170 3.0% 52,809,820 2.7% 54,281,750 2.8% 55,798,220 2.8% DRAFT 277 of 289
City of Goleta
General Fund - Five Year Forecast - Expenditures and Fund Balance FY 2022/23
Actuals
%
Chg
FY 2023/24
Current
Budget
%
Chg
FY 2024/25
Original
Budget
%
Chg
FY 2024/25
Projected
Budget
$ Chg from FY
24/25 Original
Budget
% Chg from FY
24/25 Original
Budget
FY 2025/26
Projected
Budget
%
Chg
FY 2026/27
Projected
Budget
% Chg
FY 2027/28
Projected
Budget
%
Chg
FY 2028/29
Projected
Budget
%
Chg
General Government
City Council 488,058 14% 454,290 -6.9% 474,320 44.0% 440,900 (33,420) -7.0% 452,843 2.7% 465,125 2.7% 478,197 2.8% 491,643 2.8% City Manager 1,961,838 2% 2,160,050 10.1% 2,168,826 77.0% 2,158,890 (9,936) -0.5% 2,134,738 -1.1% 2,186,937 2.4% 2,244,531 2.6% 2,303,693 2.6% City Clerk 698,754 18% 736,200 5.4% 806,200 39.7% 859,100 52,900 6.6% 828,602 -3.6% 851,753 2.8% 876,151 2.9% 901,257 2.9% Support Services - 0% 197,700 200,400 64.9% 203,000 2,600 1.3% 207,325 2.1% 211,752 2.1% 216,892 2.4% 222,162 2.4% City Attorney 1,084,277 12% 1,070,900 -1.2% 1,084,800 60.0% 1,192,100 107,300 9.9% 1,164,900 -2.3% 1,188,212 2.0% 1,215,985 2.3% 1,244,435 2.3% Community Relations 505,204 45% 597,300 18.2% 623,600 30.7% 724,000 100,400 16.1% 742,036 2.5% 760,558 2.5% 780,844 2.7% 801,689 2.7% Human Resources 1,352,841 -37% 1,361,300 0.6% 1,424,600 30.6% 1,547,150 122,550 8.6% 1,559,924 0.8% 1,593,493 2.2% 1,632,200 2.4% 1,671,896 2.4% Total 6,090,972 -4.8% 6,577,740 8.0% 6,782,746 50.7% 7,125,140 342,394 5.0% 7,090,368 -0.5% 7,257,830 2.4% 7,444,801 2.6% 7,636,775 2.6% General Services
General Services Administration 568,696 442% 972,600 49.3% 768,300 29.0% 831,600 63,300 8.2% 854,831 2.8% 878,734 2.8% 903,870 2.9% 929,738 2.9% Facilities 1,087,129 272.0% 1,667,035 20.3% 1,532,300 36.0% 1,656,800 124,500 8.1% 1,532,124 -7.5% 1,558,640 1.7% 1,592,240 2.2% 1,626,585 2.2% Information Technology 671,345 1111.9% 1,099,163 30.9% 891,700 30.2% 1,090,500 198,800 22.3% 1,104,367 1.3% 1,122,026 1.6% 1,145,218 2.1% 1,168,896 2.1% Fleet 496,430 29342.1% 451,144 -44.5% 160,500 5.9% 210,500 50,000 31.2% 168,526 -19.9% 171,613 1.8% 175,429 2.2% 179,333 2.2% Total 2,823,600 521.6% 4,189,942 13.5% 3,352,800 31.0% 3,789,400 436,600 13.0% 3,659,847 -3.4% 3,731,014 1.9% 3,816,757 2.3% 3,904,552 2.3% Library Services
Library Services 369,363 0.0% 300,571 -30.8% 756,200 119593.6% 954,500 198,300 26.2% 867,553 -9.1% 880,809 1.5% 898,592 2.0% 916,735 2.0% Library Services - Book Van - -100.0% 50,000 50,000 0.0% 50,000 - 0.0% 50,000 0.0% 50,000 0.0% 50,000 0.0% 50,000 0.0% Total 369,363 47.1% 350,571 -19.3% 806,200 127507.7% 1,004,500 198,300 24.6% 917,553 -8.7% 930,809 1.4% 948,592 1.9% 966,735 1.9% Finance
Administration 1,391,911 16% 1,849,300 3.1% 1,957,600 55.9% 2,069,100 111,500 5.7% 2,101,490 1.6% 2,160,543 2.8% 2,222,658 2.9% 2,286,582 2.9% Total 1,391,911 16.4% 1,849,300 3.1% 1,957,600 55.9% 2,069,100 111,500 5.7% 2,101,490 1.6% 2,160,543 2.8% 2,222,658 2.9% 2,286,582 2.9% Planning & Environmental Review
Current Planning 1,558,781 13% 1,949,381 -4.0% 1,976,700 49.6% 2,044,300 67,600 3.4% 2,100,328 2.7% 2,159,526 2.8% 2,221,732 2.9% 2,285,752 2.9% Building & Safety 599,585 13% 861,900 29.8% 596,600 13.9% 894,200 297,600 49.9% 907,613 1.5% 921,227 1.5% 939,652 2.0% 958,445 2.0% Advanced Planning 625,026 -9% 1,182,982 11.7% 1,172,200 97.6% 983,100 (189,100) -16.1% 1,008,462 2.6% 1,034,523 2.6% 1,062,721 2.7% 1,091,709 2.7% Planning Commission 20,460 20% 168,300 209.4% 162,800 75.8% 171,000 8,200 5.0% 175,277 2.5% 179,668 2.5% 184,472 2.7% 189,409 2.7% Sustainability Program 324,642 17% 432,479 -4.6% 378,000 42.5% 468,500 90,500 23.9% 480,640 2.6% 493,114 2.6% 506,592 2.7% 520,448 2.7% Housing 186,827 72% 471,300 84.0% 477,400 207.0% 487,600 10,200 2.1% 494,205 1.4% 500,999 1.4% 508,170 1.4% 515,548 1.5% Administration 402,174 4% 446,800 2.4% 460,900 33.3% 522,100 61,200 13.3% 537,451 2.9% 553,258 2.9% 569,641 3.0% 586,512 3.0% Total 3,717,494 9.9% 5,513,142 11.3% 5,224,600 58.5% 5,570,800 346,200 6.6% 5,703,975 2.4% 5,842,316 2.4% 5,992,980 2.6% 6,147,823 2.6% Public Works
Administration 871,175 38% 1,197,500 34.4% 1,193,200 62.1% 1,180,600 (12,600) -1.1% 1,214,760 2.9% 1,249,925 2.9% 1,286,558 2.9% 1,324,273 2.9% Engineering Services 1,593,273 95% 4,756,346 16.7% 1,344,900 -19.0% 1,308,600 (36,300) -2.7% 1,336,913 2.2% 1,365,910 2.2% 1,399,370 2.4% 1,433,683 2.5% Facility Maintenance 545 -100% - - 0.0% - - - 0.0% - 0.0% - 0.0% - 0.0% Parks & Open Space Maintenance 1,580,142 24% 2,932,900 44.4% 3,251,100 130.7% 3,469,400 218,300 6.7% 3,536,459 1.9% 3,604,974 1.9% 3,687,696 2.3% 3,772,390 2.3% Capital Improvement Program 869,464 24% 1,573,242 -11.6% 1,545,700 59.1% 1,553,600 7,900 0.5% 1,595,077 2.7% 1,637,720 2.7% 1,683,328 2.8% 1,730,232 2.8% Street Lighting 32,229 3% 35,000 3.9% 37,800 19.6% 39,500 1,700 4.5% 40,685 3.0% 41,906 3.0% 43,163 3.0% 44,458 3.0% Traffic Operations & Maintenance 110,287 0% 1,072,000 90.1% 1,441,800 312.5% 1,178,300 (263,500) -18.3% 1,201,117 1.9% 1,224,430 1.9% 1,252,555 2.3% 1,281,352 2.3% Street Maintenance 4,210,058 8% 3,714,597 -38.2% 6,163,400 316.2% 6,368,200 204,800 3.3% 6,477,598 1.7% 6,589,053 1.7% 6,730,648 2.1% 6,875,368 2.2% Solid Waste - 0% - - -100.0% - - - 0.0% - 0.0% - 0.0% 0.0% Total 9,267,171 23.1% 15,281,585 -0.7% 14,977,900 125.5% 15,098,200 120,300 0.8% 15,402,607 2.0% 15,713,918 2.0% 16,083,317 2.4% 16,461,757 2.4% Neighborhood Services
Neighborhood Services 1,060,768 -6% 935,173 -22.8% 1,067,200 57.5% 1,087,400 20,200 1.9% 1,115,056 2.5% 1,143,466 2.5% 1,174,359 2.7% 1,206,111 2.7% Homelessness 358,288 0% 866,048 71.6% 857,900 162.9% 866,400 8,500 1.0% 882,155 1.8% 898,228 1.8% 918,144 2.2% 938,516 2.2% Economic Development 179,643 69% - -100.0% - 0.0% - - - 0.0% - 0.0% - 0.0% - 0.0% Parks & Recreation 642,121 21% 825,500 13.0% 844,100 27.9% 883,500 39,400 4.7% 903,813 2.3% 924,643 2.3% 948,129 2.5% 972,235 2.5% Goleta Community Center 99,474 92006% 418,300 318.8% 508,200 0.0% 508,200 - 0.0% 508,200 0.0% 508,200 0.0% 508,200 0.0% 508,200 0.0% Total 2,340,295 32.8% 3,045,021 11.7% 3,277,400 97.0% 3,345,500 68,100 2.1% 3,409,223 1.9% 3,474,537 1.9% 3,548,832 2.1% 3,625,062 2.1% Public Safety
Police 9,157,530 8% 10,715,211 9.7% 10,911,334 23.3% 11,548,800 637,466 5.8% 11,715,942 1.4% 11,891,681 1.5% 12,129,515 2.0% 12,372,105 2.0% Total 9,157,530 8.1% 10,715,211 9.7% 10,911,334 23.3% 11,548,800 637,466 5.8% 11,715,942 1.4% 11,891,681 1.5% 12,129,515 2.0% 12,372,105 2.0% DRAFT 278 of 289
City of Goleta
General Fund - Five Year Forecast - Expenditures and Fund Balance FY 2022/23
Actuals
%
Chg
FY 2023/24
Current
Budget
%
Chg
FY 2024/25
Original
Budget
%
Chg
FY 2024/25
Projected
Budget
$ Chg from FY
24/25 Original
Budget
% Chg from FY
24/25 Original
Budget
FY 2025/26
Projected
Budget
%
Chg
FY 2026/27
Projected
Budget
% Chg
FY 2027/28
Projected
Budget
%
Chg
FY 2028/29
Projected
Budget
%
Chg
Non-Departmental
Debt Service 1,816,073 115% 853,000 -53.3% 853,000 3083.8% 859,200 6,200 0.7% 84,871 -90.1% 86,580 2.0% 88,611 2.3% 90,691 2.3% Non-Departmental 24,023 -96% 39,500 97.5% 20,000 -28.5% 35,000 15,000 75.0% 35,525 1.5% 36,058 1.5% 36,779 2.0% 37,515 2.0% Total 1,840,096 26.7% 892,500 -51.7% 873,000 1494.1% 894,200 21,200 2.4% 120,396 -86.5% 122,638 1.9% 125,390 2.2% 128,205 2.2% Capital Improvement Projects
Capital Improvement Projects 1,144,183 372% 17,958,023 107.2% 2,335,000 48.2% 2,001,900 (333,100) -14.3% 2,423,700 21.1% 150,000 -93.8% 350,000 133.3% 350,000 Total 1,144,183 372.2% 17,958,023 107.2% 2,335,000 48.2% 2,001,900 (333,100) -14.3% 2,423,700 21.1% 150,000 -93.8% 350,000 133.3% 350,000 0.0% TOTAL EXPENDITURES 38,142,615 22.5% 66,373,034 19.2% 50,498,580 66.1% 52,447,540 1,948,960 3.9% 52,545,100 0.2% 51,275,285 -2.4% 52,662,841 2.7% 53,879,596 2.3% TOTAL REVENUES 38,357,365 45,420,572 49,920,959 51,400,170 52,809,820 54,281,750 55,798,220 NET REVENUES OVER EXPENDITURES 214,750 (20,952,462) (2,526,581) (1,144,930) 1,534,535 1,618,909 1,918,624 NET CHANGE IN FUND BALANCE 214,750 (20,952,462) (2,526,581) (1,144,930) 1,534,535 1,618,909 1,918,624 BEGINNING FUND BALANCE 39,324,810 39,539,560 18,587,098 16,060,517 14,915,587 16,450,122 18,069,032 ENDING FUND BALANCE 39,539,560 18,587,098 16,060,517 14,915,587 16,450,122 18,069,032 19,987,655

GENERAL FUND - FUND BALANCE
Nonspendable Prepaids and Deposits 15,049 - - - - -
Committed City Hall Solar Removal 94,500 94,500 94,500 94,500 94,500 94,500 94,500 Committed Public Facilities 830,108 756,993 701,993 701,993 701,993 701,993 701,993 Committed Capital Equipment 791,653 791,653 556,653 556,653 556,653 556,653 556,653 Committed Compensated Leave 427,365 428,625 428,625 428,625 428,625 428,625 428,625 Committed Risk Management 200,000 200,000 165,000 165,000 165,000 165,000 165,000 Committed Litigation Defense 600,000 600,000 400,000 400,000 400,000 400,000 400,000 Committed Contingency 11,235,254 12,828,740 13,587,287 13,655,089 13,986,371 14,378,264 14,779,794 Committed Street Maintenance - - - - - - -
Committed Sustainability - - - - - - -
Committed Creeks and Watershed - - - - -
Assigned OPEB UAL - - - - - - -
Assigned CalPERS Pension UAL - - - - - - -
Assigned IT Reserve 8,586,626 160,000 160,000 160,000 160,000 160,000 160,000 Assigned Encumbrances - CIP 8,586,626 - - - - - -
Assigned Encumbrances (Operating) 4,957,399 - - - - - - Assigned FMV Adjustment 519,117 519,117 519,117 519,117 519,117 519,117 519,117 Unassigned Fund Balance Unassigned Fund Balance 2,695,863 2,207,470 (552,658) (1,765,390) (562,136) 664,879 2,181,974 ENDING FUND BALANCE 39,539,560 18,587,098 16,060,517 14,915,587 16,450,122 18,069,032 19,987,655 DRAFT 279 of 289
City of Goleta
General Fund Five Year Forecast - Expenditure Detail
Category FY 2022/23
Actuals
FY 2023/24
Original
Budget
%
Chg
FY 2023/24
Current
Budget
%
Chg
FY 2024/25
Original
Budget
%
Chg
FY 2024/25
Projected
Budget
$ Chg from FY
24/25 Original
Budget
% Chg from FY
24/25 Original
Budget
FY 2025/26
Projected Budget
%
Chg
FY 2026/27
Projected Budget % Chg FY 2027/28 Projected Budget
%
Chg
General Government
1100
Salaries 341,075 370,200 8.5% 370,200 10.0% 388,800 34.0% 355,300 (33,500) -8.6% 365,959 3.0% 376,938 3.0% 388,246 3.0% Operating & Maintenance 146,982 -42.8% 84,090 84,090 -47.9% 85,520 117.6% 85,600 80 0.1% 86,884 1.5% 88,187 1.5% 89,951 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 488,058 454,290 -6.9% 454,290 -8.7% 474,320 44.0% 440,900 (33,420) -7.0% 452,843 2.7% 465,125 2.7% 478,197 2.8% 1200
Salaries 1,418,340 1,225,500 -13.6% 1,225,500 4.8% 1,272,600 43.8% 1,306,000 33,400 2.6% 1,345,180 3.0% 1,385,535 3.0% 1,427,101 3.0% Operating & Maintenance 543,497 837,862 54.2% 934,550 2.5% 896,226 163.3% 852,890 (43,336) -4.8% 789,558 -7.4% 801,402 1.5% 817,430 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 1,961,838 2,063,362 5.2% 2,160,050 3.8% 2,168,826 77.0% 2,158,890 (9,936) -0.5% 2,134,738 -1.1% 2,186,937 2.4% 2,244,531 2.6% 1300
Salaries 596,669 646,100 8.3% 646,100 9.3% 668,100 28.9% 694,000 25,900 3.9% 714,820 3.0% 736,265 3.0% 758,353 3.0% Operating & Maintenance 102,085 -16.6% 90,100 85,100 -34.0% 138,100 133.7% 165,100 27,000 19.6% 113,782 -31.1% 115,488 1.5% 117,798 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 698,754 731,200 4.6% 736,200 1.2% 806,200 39.7% 859,100 52,900 6.6% 828,602 -3.6% 851,753 2.8% 876,151 2.9% 1310
Salaries - 80,000 0.0% 80,000 0.0% 82,700 33.9% 85,300 2,600 3.1% 87,859 3.0% 90,495 3.0% 93,210 3.0% Operating & Maintenance - 117,700 0.0% 117,700 0.0% 117,700 96.8% 117,700 - 0.0% 119,466 1.5% 121,257 1.5% 123,683 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total - 197,700 0.0% 197,700 0.0% 200,400 64.9% 203,000 2,600 1.3% 207,325 2.1% 211,752 2.1% 216,892 2.4% 1400
Salaries 326,468 346,000 6.0% 346,000 8.8% 357,400 34.1% 377,900 20,500 5.7% 389,237 3.0% 400,914 3.0% 412,942 3.0% Operating & Maintenance 757,808 724,900 -4.3% 724,900 -4.3% 727,400 76.8% 814,200 86,800 11.9% 775,663 -4.7% 787,298 1.5% 803,044 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 1,084,277 1,070,900 -1.2% 1,070,900 -0.4% 1,084,800 60.0% 1,192,100 107,300 9.9% 1,164,900 -2.3% 1,188,212 2.0% 1,215,985 2.3% 1500
Salaries 369,974 415,100 12.2% 415,100 13.5% 434,700 34.6% 478,400 43,700 10.1% 492,752 3.0% 507,535 3.0% 522,761 3.0% Operating & Maintenance 135,230 182,200 34.7% 182,200 18.4% 188,900 22.4% 245,600 56,700 30.0% 249,284 1.5% 253,023 1.5% 258,084 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 505,204 597,300 18.2% 597,300 14.9% 623,600 30.7% 724,000 100,400 16.1% 742,036 2.5% 760,558 2.5% 780,844 2.7% 1600
Salaries 475,495 564,900 18.8% 564,900 5.0% 591,200 41.0% 672,800 81,600 13.8% 692,984 3.0% 713,774 3.0% 735,187 3.0% Operating & Maintenance 828,119 731,400 -11.7% 768,400 -14.9% 798,400 20.6% 839,350 40,950 5.1% 851,940 1.5% 864,719 1.5% 882,014 2.0% Capital 49,227 -28.9% 28,000 35,000 -62.7% 35,000 265.7% 35,000 - 0.0% 15,000 -57.1% 15,000 0.0% 15,000 0.0% Total 1,352,841 1,331,300 -1.6% 1,361,300 -10.2% 1,424,600 30.6% 1,547,150 122,550 8.6% 1,559,924 0.8% 1,593,493 2.2% 1,632,200 2.4% Dept
Total

FILTERING SPACE
6,090,972 6,446,052 5.8% 6,577,740 2.5% 6,782,746 50.7% 7,125,140 342,394 5.0% 7,090,368 -0.5% 7,257,830 2.4% 7,444,801 2.6% Department
City Council
City Manager
City Clerk
City Attorney
Community Relations
Support Services
Human Resources/Risk Management
DRAFT 280 of 289
City of Goleta
General Fund Five Year Forecast - Expenditure Detail
Category FY 2022/23
Actuals
FY 2023/24
Original
Budget
%
Chg
FY 2023/24
Current
Budget
%
Chg
FY 2024/25
Original
Budget
%
Chg
FY 2024/25
Projected
Budget
$ Chg from FY
24/25 Original
Budget
% Chg from FY
24/25 Original
Budget
FY 2025/26
Projected Budget
%
Chg
FY 2026/27
Projected Budget % Chg FY 2027/28 Projected Budget
%
Chg Department
General Services
1800
Salaries 498,308 630,400 26.5% 630,400 20.4% 654,400 34.0% 722,100 67,700 10.3% 743,763 3.0% 766,076 3.0% 789,058 3.0% Operating & Maintenance 70,388 290,300 312.4% 335,200 162.7% 111,400 5.8% 104,500 (6,900) -6.2% 106,068 1.5% 107,659 1.5% 109,812 2.0% Capital - 7,000 0.0% 7,000 0.0% 2,500 23.7% 5,000 2,500 100.0% 5,000 0.0% 5,000 0.0% 5,000 0.0% Total 568,696 927,700 63.1% 972,600 49.3% 768,300 29.0% 831,600 63,300 8.2% 854,831 2.8% 878,734 2.8% 903,870 2.9% 1810
Salaries 71,521 196,200 174.3% 196,200 70.6% 209,800 61.9% 228,800 19,000 9.1% 235,664 3.0% 242,734 3.0% 250,016 3.0% Operating & Maintenance 1,015,609 1,263,900 24.4% 1,470,835 15.9% 1,322,500 32.7% 1,419,700 97,200 7.3% 1,296,460 -8.7% 1,315,906 1.5% 1,342,225 2.0% Capital - 0.0% - - 0.0% - 8,300 8,300 0.0% - - -
Total 1,087,129 1,460,100 34.3% 1,667,035 20.3% 1,532,300 36.0% 1,656,800 124,500 8.1% 1,532,124 -7.5% 1,558,640 1.7% 1,592,240 2.2% 1820
Salaries 58,126 66,700 14.8% 66,700 2.5% 72,300 70.9% 70,800 (1,500) -2.1% 72,924 3.0% 75,112 3.0% 77,365 3.0% Operating & Maintenance 613,219 742,900 21.1% 1,032,463 54.1% 819,400 39.5% 1,019,700 200,300 24.4% 1,031,443 1.2% 1,046,915 1.5% 1,067,853 2.0% Capital - 48,600 0.0% - -100.0% - - - 0.0% - 2.0% 2.0% - 2.0% - Total 671,345 858,200 27.8% 1,099,163 30.9% 891,700 30.2% 1,090,500 198,800 22.3% 1,104,367 1.3% 1,122,026 1.6% 1,145,218 2.1% 1830
Salaries (932) -3189.9% 28,800 28,800 0.0% 31,200 95.7% 36,200 5,000 16.0% 37,286 3.0% 38,405 3.0% 39,557 3.0% Operating & Maintenance 81,966 126,700 54.6% 124,700 9.3% 129,300 155.2% 129,300 - 0.0% 131,240 1.5% 133,208 1.5% 135,872 2.0% Capital 415,395 125,000 -69.9% 297,644 -100.0% 45,000 - 45,000 0.0% -100.0% - - - Total 496,430 280,500 -43.5% 451,144 -44.5% 160,500 5.9% 210,500 50,000 31.2% 168,526 -19.9% 171,613 1.8% 175,429 2.2% Dept
Total

FILTERING SPACE
2,823,600 3,526,500 24.9% 4,189,942 13.5% 3,352,800 31.0% 3,789,400 436,600 13.0% 3,659,847 -3.4% 3,731,014 1.9% 3,816,757 2.3% Library Services
2100
Salaries 20,021 -100.0% - -100.0% - -100.0% 15,700 - 15,700 0.0% 16,171 3.0% 16,656 3.0% 17,156 3.0% Operating & Maintenance 349,342 -100.0% 300,571 - -28.4% -100.0% 938,800 - 938,800 0.0% 851,382 -9.3% 864,153 1.5% 881,436 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Transfers - 760,810 0.0% 0.0% - 756,200 0.0% - (756,200) -100.0% - - - Total 369,363 760,810 106.0% 300,571 -30.8% ######### 954,500 756,200 198,300 26.2% 867,553 -9.1% 880,809 1.5% 898,592 2.0% 2110
Salaries - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Operating & Maintenance - 0.0% - 0.0% - 0.0% - - - 0.0% - - - Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Transfers - 50,000 0.0% 50,000 0.0% 50,000 0.0% 50,000 - 0.0% 50,000 0.0% 50,000 0.0% 50,000 0.0% Total - 50,000 0.0% 50,000 0.0% 50,000 0.0% 50,000 - 0.0% 50,000 0.0% 50,000 0.0% 50,000 0.0% Dept
Total

FILTERING SPACE
369,363 810,810 119.5% 350,571 -19.3% ######### 1,004,500 806,200 198,300 24.6% 917,553 -8.7% 930,809 1.4% 948,592 1.9% Department Total
Finance FILTERING SPACE
3100
Salaries 1,275,639 1,574,200 23.4% 1,574,200 1.8% 1,670,400 44.7% 1,781,900 111,500 6.7% 1,835,357 3.0% 1,890,418 3.0% 1,947,130 3.0% Operating & Maintenance 116,273 275,100 136.6% 275,100 11.5% 287,200 188.6% 287,200 - 0.0% 266,133 -7.3% 270,125 1.5% 275,527 2.0% Capital - 0.0% - 0.0% - -100.0% - - - 0.0% - - -
Total 1,391,911 1,849,300 32.9% 1,849,300 3.1% 1,957,600 55.9% 2,069,100 111,500 5.7% 2,101,490 1.6% 2,160,543 2.8% 2,222,658 2.9% General Services Administration
Facilities
Fleet
Library Services
Information Technology
Administration
Library Services - Book Van
DRAFT 281 of 289
City of Goleta
General Fund Five Year Forecast - Expenditure Detail
Category FY 2022/23
Actuals
FY 2023/24
Original
Budget
%
Chg
FY 2023/24
Current
Budget
%
Chg
FY 2024/25
Original
Budget
%
Chg
FY 2024/25
Projected
Budget
$ Chg from FY
24/25 Original
Budget
% Chg from FY
24/25 Original
Budget
FY 2025/26
Projected Budget
%
Chg
FY 2026/27
Projected Budget % Chg FY 2027/28 Projected Budget
%
Chg Department
Planning & Environmental Review
4100
Salaries 1,486,665 1,672,100 12.5% 1,672,100 4.8% 1,750,300 34.2% 1,792,400 42,100 2.4% 1,846,172 3.0% 1,901,557 3.0% 1,958,604 3.0% Operating & Maintenance 70,524 224,400 218.2% 277,281 -36.0% 226,400 1265.7% 250,400 24,000 10.6% 254,156 1.5% 257,968 1.5% 263,128 2.0% Capital 1,592 -100.0% - -100.0% - 0.0% - 1,500 1,500 0.0% -100.0% - - - Total 1,558,781 1,896,500 21.7% 1,949,381 -4.0% 1,976,700 49.6% 2,044,300 67,600 3.4% 2,100,328 2.7% 2,159,526 2.8% 2,221,732 2.9% 4200
Salaries - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Operating & Maintenance 599,585 596,600 -0.5% 861,900 29.8% 596,600 13.9% 894,200 297,600 49.9% 907,613 1.5% 921,227 1.5% 939,652 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 599,585 596,600 -0.5% 861,900 29.8% 596,600 13.9% 894,200 297,600 49.9% 907,613 1.5% 921,227 1.5% 939,652 2.0% 4300
Salaries 459,775 703,300 53.0% 703,300 21.5% 748,400 61.1% 707,700 (40,700) -5.4% 728,931 3.0% 750,799 3.0% 773,323 3.0% Operating & Maintenance 125,255 273,800 118.6% 437,648 9.8% 423,800 389.8% 275,400 (148,400) -35.0% 279,531 1.5% 283,724 1.5% 289,398 2.0% Capital 39,996 -100.0% 42,035 - -48.8% -100.0% - - - 0.0% - - - Total 625,026 977,100 56.3% 1,182,982 11.7% 1,172,200 97.6% 983,100 (189,100) -16.1% 1,008,462 2.6% 1,034,523 2.6% 1,062,721 2.7% 4400
Salaries - 107,500 0.0% 107,500 0.0% 115,900 66.3% 114,100 (1,800) -1.6% 117,523 3.0% 121,049 3.0% 124,680 3.0% Operating & Maintenance 20,460 129.2% 60,800 46,900 11.8% 46,900 104.6% 56,900 10,000 21.3% 57,754 1.5% 58,620 1.5% 59,792 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 20,460 154,400 654.7% 168,300 209.4% 162,800 75.8% 171,000 8,200 5.0% 175,277 0.0% 179,668 0.0% 184,472 0.0% 4500
Salaries 262,180 293,900 12.1% 293,900 1.0% 318,200 38.9% 340,800 22,600 7.1% 351,024 3.0% 361,555 3.0% 372,401 3.0% Operating & Maintenance 62,462 58,600 -6.2% 138,579 42.4% 59,800 65.7% 127,700 67,900 113.5% 129,616 1.5% 131,560 1.5% 134,191 2.0% Capital - 0.0% - -100.0% - 0.0% - - - 0.0% - - -
Total 324,642 352,500 8.6% 432,479 -4.6% 378,000 42.5% 468,500 90,500 23.9% 480,640 2.6% 493,114 2.6% 506,592 2.7% 4600
Salaries 164,518 186,800 13.5% 186,800 12.4% 192,900 32.0% 202,700 9,800 5.1% 208,781 3.0% 215,044 3.0% 221,496 3.0% Operating & Maintenance 22,309 278.8% 84,500 84,500 -6.0% 34,500 269.0% 34,900 400 1.2% 35,424 1.5% 35,955 1.5% 36,674 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Transfers - 200,000 0.0% 200,000 0.0% 250,000 0.0% 250,000 - 0.0% 250,000 0.0% 250,000 0.0% 250,000 0.0% Total 186,827 471,300 152.3% 471,300 84.0% 477,400 207.0% 487,600 10,200 2.1% 494,205 1.4% 500,999 1.4% 508,170 1.4% 4700
Salaries 400,796 425,500 6.2% 425,500 5.6% 440,100 28.9% 501,300 61,200 13.9% 516,339 3.0% 531,829 3.0% 547,784 3.0% Operating & Maintenance 1,377 1446.5% 21,300 21,300 -36.2% 20,800 384.0% 20,800 - 0.0% 21,112 1.5% 21,429 1.5% 21,857 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 402,174 446,800 11.1% 446,800 2.4% 460,900 33.3% 522,100 61,200 13.3% 537,451 2.9% 553,258 2.9% 569,641 3.0% Dept
Total

FILTERING SPACE
3,717,494 4,895,200 31.7% 5,513,142 11.3% 5,224,600 58.5% 5,570,800 346,200 6.6% 5,703,975 2.4% 5,842,316 2.4% 5,992,980 2.6% Current Planning
Advanced Planning
Building & Safety
Planning Commission
Housing
Administration
Sustainability Program
DRAFT 282 of 289
City of Goleta
General Fund Five Year Forecast - Expenditure Detail
Category FY 2022/23
Actuals
FY 2023/24
Original
Budget
%
Chg
FY 2023/24
Current
Budget
%
Chg
FY 2024/25
Original
Budget
%
Chg
FY 2024/25
Projected
Budget
$ Chg from FY
24/25 Original
Budget
% Chg from FY
24/25 Original
Budget
FY 2025/26
Projected Budget
%
Chg
FY 2026/27
Projected Budget % Chg FY 2027/28 Projected Budget
%
Chg Department
Public Works FILTERING SPACE
5100
Salaries 760,545 1,073,900 41.2% 1,047,900 36.8% 1,114,600 63.3% 1,096,700 (17,900) -1.6% 1,129,601 3.0% 1,163,489 3.0% 1,198,394 3.0% Operating & Maintenance 110,630 -29.0% 149,600 78,600 19.4% 78,600 46.9% 83,900 5,300 6.7% 85,159 1.5% 86,436 1.5% 88,165 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 871,175 1,152,500 32.3% 1,197,500 34.4% 1,193,200 62.1% 1,180,600 (12,600) -1.1% 1,214,760 2.9% 1,249,925 2.9% 1,286,558 2.9% 5200
Salaries 365,017 581,200 59.2% 581,200 69.1% 615,200 55.4% 578,900 (36,300) -5.9% 596,267 3.0% 614,155 3.0% 632,580 3.0% Operating & Maintenance 1,228,256 729,700 -40.6% 4,175,146 11.9% 729,700 -42.3% 729,700 - 0.0% 740,646 1.5% 751,755 1.5% 766,790 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 1,593,273 1,310,900 -17.7% 4,756,346 16.7% 1,344,900 -19.0% 1,308,600 (36,300) -2.7% 1,336,913 2.2% 1,365,910 2.2% 1,399,370 2.4% 5300
Salaries - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Operating & Maintenance 545 -100.0% - 0.0% - 0.0% - - - 0.0% - - - Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 545 -100.0% - 0.0% - 0.0% - - - 0.0% - 0.0% 0.0% - 0.0% - 5400
Salaries 549,296 920,700 67.6% 920,700 27.5% 970,400 58.3% 1,001,200 30,800 3.2% 1,031,236 3.0% 1,062,173 3.0% 1,094,038 3.0% Operating & Maintenance 1,030,845 2,212,200 114.6% 2,012,200 59.1% 2,280,700 186.4% 2,468,200 187,500 8.2% 2,505,223 1.5% 2,542,801 1.5% 2,593,657 2.0% Capital - 0.0% - -100.0% - 0.0% - - - 0.0% - - -
Total 1,580,142 3,132,900 98.3% 2,932,900 44.4% 3,251,100 130.7% 3,469,400 218,300 6.7% 3,536,459 1.9% 3,604,974 1.9% 3,687,696 2.3% 5500
Salaries 699,141 1,140,900 63.2% 1,140,900 -20.2% 1,206,300 41.8% 1,211,500 5,200 0.4% 1,247,845 3.0% 1,285,280 3.0% 1,323,839 3.0% Operating & Maintenance 170,323 339,300 99.2% 432,342 23.6% 339,400 180.6% 342,100 2,700 0.8% 347,232 1.5% 352,440 1.5% 359,489 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 869,464 1,480,200 70.2% 1,573,242 -11.6% 1,545,700 59.1% 1,553,600 7,900 0.5% 1,595,077 2.7% 1,637,720 2.7% 1,683,328 2.8% 5600
Salaries 32,229 35,000 8.6% 35,000 3.9% 37,800 22.1% 39,500 1,700 4.5% 40,685 3.0% 41,906 3.0% 43,163 3.0% Operating & Maintenance - 0.0% - 0.0% - -100.0% - - - 0.0% - - - Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 32,229 35,000 8.6% 35,000 3.9% 37,800 19.6% 39,500 1,700 4.5% 40,685 3.0% 41,906 3.0% 43,163 3.0% 5700
Salaries 77,241 311,900 303.8% 266,900 -19.4% 337,700 218.9% 342,800 5,100 1.5% 353,084 3.0% 363,677 3.0% 374,587 3.0% Operating & Maintenance 33,047 1,027,600 3009.6% 805,100 246.0% 1,104,100 353.1% 835,500 (268,600) -24.3% 848,033 1.5% 860,753 1.5% 877,968 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 110,287 1,339,500 1114.6% 1,072,000 90.1% 1,441,800 312.5% 1,178,300 (263,500) -18.3% 1,201,117 1.9% 1,224,430 1.9% 1,252,555 2.3% 5800
Salaries 672,312 849,000 26.3% 849,000 6.8% 882,900 53.8% 925,000 42,100 4.8% 952,750 3.0% 981,333 3.0% 1,010,772 3.0% Operating & Maintenance 3,524,529 3,411,500 -3.2% 2,865,597 -44.7% 5,280,500 482.2% 5,443,200 162,700 3.1% 5,524,848 1.5% 5,607,721 1.5% 5,719,875 2.0% Capital 13,217 -100.0% - -100.0% - 0.0% - - - 0.0% - - - Total 4,210,058 4,260,500 1.2% 3,714,597 -38.2% 6,163,400 316.2% 6,368,200 204,800 3.3% 6,477,598 1.7% 6,589,053 1.7% 6,730,648 2.1% 5900
Salaries - 0.0% - 0.0% - -100.0% - - - 0.0% - - -
Operating & Maintenance - 0.0% - 0.0% - 0.0% - - - 0.0% - - - Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total - 0.0% - 0.0% - -100.0% - - - 0.0% - 0.0% 0.0% - 0.0% - Dept
Total

FILTERING SPACE
9,267,171 12,711,500 37.2% 15,281,585 -0.7% 14,977,900 125.5% 15,098,200 120,300 0.8% 15,402,607 2.0% 15,713,918 2.0% 16,083,317 2.4% Street Lighting
Traffic Maintenance & Ops
Engineering Services
Facility Maintenance
Parks & Open Space Maintenance
Street Maintenance
Capital Improvement Program
Administration
Solid Waste
DRAFT 283 of 289
City of Goleta
General Fund Five Year Forecast - Expenditure Detail
Category FY 2022/23
Actuals
FY 2023/24
Original
Budget
%
Chg
FY 2023/24
Current
Budget
%
Chg
FY 2024/25
Original
Budget
%
Chg
FY 2024/25
Projected
Budget
$ Chg from FY
24/25 Original
Budget
% Chg from FY
24/25 Original
Budget
FY 2025/26
Projected Budget
%
Chg
FY 2026/27
Projected Budget % Chg FY 2027/28 Projected Budget
%
Chg Department
Neighborhood Services
6100
Salaries 606,363 706,700 16.5% 706,700 3.3% 736,700 41.8% 756,300 19,600 2.7% 778,989 3.0% 802,359 3.0% 826,429 3.0% Operating & Maintenance 454,406 180,500 -60.3% 228,473 -56.7% 330,500 108.9% 331,100 600 0.2% 336,067 1.5% 341,107 1.5% 347,930 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 1,060,768 887,200 -16.4% 935,173 -22.8% 1,067,200 57.5% 1,087,400 20,200 1.9% 1,115,056 2.5% 1,143,466 2.5% 1,174,359 2.7% 6200
Salaries 95,486 171,300 79.4% 171,300 7.3% 177,600 34.0% 183,900 6,300 3.5% 189,417 3.0% 195,100 3.0% 200,952 3.0% Operating & Maintenance 262,802 678,800 158.3% 694,748 101.4% 680,300 251.1% 682,500 2,200 0.3% 692,738 1.5% 703,129 1.5% 717,191 2.0% Capital - 0.0% - - 0.0% - - - 0.0% - - -
Total 358,288 850,100 137.3% 866,048 71.6% 857,900 162.9% 866,400 8,500 1.0% 882,155 1.8% 898,228 1.8% 918,144 2.2% 6400
Salaries - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Operating & Maintenance 179,643 -100.0% - -100.0% - 0.0% - - - 0.0% - - - Capital - 0.0% - - 0.0% - - - 0.0% - - -
Total 179,643 -100.0% - -100.0% - 0.0% - - - 0.0% - 0.0% 0.0% - 0.0% - 6500
Salaries 265,587 411,900 55.1% 411,900 31.8% 431,500 63.4% 470,700 39,200 9.1% 484,821 3.0% 499,366 3.0% 514,347 3.0% Operating & Maintenance 376,535 413,600 9.8% 413,600 -1.1% 412,600 4.3% 412,800 200 0.0% 418,992 1.5% 425,277 1.5% 433,782 2.0% Capital - 0.0% - - 0.0% - - - 0.0% - 2.0% 2.0% - 2.0% - Total 642,121 825,500 28.6% 825,500 13.0% 844,100 27.9% 883,500 39,400 4.7% 903,813 2.3% 924,643 2.3% 948,129 2.5% 6510
Salaries - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Operating & Maintenance - 0.0% - -100.0% - 0.0% - - - 0.0% - - - Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Transfers 99,474 418,300 320.5% 418,300 320.5% 508,200 0.0% 508,200 - 0.0% 508,200 0.0% 508,200 0.0% 508,200 2.0% Total 99,474 418,300 320.5% 418,300 318.8% 508,200 0.0% 508,200 - 0.0% 508,200 0.0% 508,200 0.0% 508,200 0.0% Dept
Total

FILTERING SPACE
2,340,295 2,981,100 27.4% 3,045,021 11.7% 3,277,400 97.0% 3,345,500 68,100 2.1% 3,409,223 1.9% 3,474,537 1.9% 3,548,832 2.1% Goleta Community Center
Homelessness
Parks & Recreation
Economic Development
Neighborhood Services
DRAFT 284 of 289
City of Goleta
General Fund Five Year Forecast - Expenditure Detail
Category FY 2022/23
Actuals
FY 2023/24
Original
Budget
%
Chg
FY 2023/24
Current
Budget
%
Chg
FY 2024/25
Original
Budget
%
Chg
FY 2024/25
Projected
Budget
$ Chg from FY
24/25 Original
Budget
% Chg from FY
24/25 Original
Budget
FY 2025/26
Projected Budget
%
Chg
FY 2026/27
Projected Budget % Chg FY 2027/28 Projected Budget
%
Chg Department
Public Safety FILTERING SPACE
7100
Operating & Maintenance 9,157,530 10,542,436 15.1% 10,715,211 9.7% 10,911,334 23.3% 11,542,800 631,466 5.8% 11,715,942 1.5% 11,891,681 1.5% 12,129,515 2.0% Capital - 0.0% - 0.0% - 0.0% - 6,000 6,000 0.0% -100.0% - - - Total 9,157,530 10,542,436 15.1% 10,715,211 9.7% 10,911,334 23.3% 11,548,800 637,466 5.8% 11,715,942 1.4% 11,891,681 1.5% 12,129,515 2.0% Dept
Total

FILTERING SPACE
9,157,530 10,542,436 15.1% 10,715,211 9.7% 10,911,334 23.3% 11,548,800 637,466 5.8% 11,715,942 2.0% 11,891,681 2.0% 12,129,515 2.0% Non-Departmental
8100
Salaries 19,506 22,000 12.8% 23,200 5% 22,000 14.3% 28,200 6,200 28% 29,046 3.0% 29,917 3.0% 30,815 3.0% Operating & Maintenance 1,796,567 831,000 -53.7% 829,800 -54.0% 10915.7% 831,000 831,000 - 0.0% 55,825 -93.3% 56,662 1.5% 57,796 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 1,816,073 853,000 -53.0% 853,000 -53.3% 853,000 3083.8% 859,200 6,200 0.7% 84,871 -90.1% 86,580 2.0% 88,611 2.3% 8500
Salaries - - - 0% 0.0% - - - 0% - - -
Operating & Maintenance 24,023 -16.7% 39,500 20,000 97.5% 20,000 -28.5% 35,000 15,000 75.0% 35,525 1.5% 36,058 1.5% 36,779 2.0% Capital - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Transfers - 0.0% - 0.0% - 0.0% - - - 0.0% - - -
Total 24,023 -16.7% 39,500 20,000 97.5% 20,000 -28.5% 35,000 15,000 75.0% 35,525 1.5% 36,058 1.5% 36,779 2.0% Dept
Total

FILTERING SPACE
1,840,096 873,000 -52.6% 892,500 -51.7% 873,000 1494.1% 894,200 21,200 2.4% 120,396 2.0% 122,638 2.0% 125,390 2.0% Capital Improvement Projects
Salaries - 0.0% - - 0.0% - - - 0.0% - - -
Operating & Maintenance - 0.0% - - 0.0% - - - 0.0% - - - Capital 1,144,183 1,825,472 59.5% 17,958,023 107.2% 2,335,000 48.2% 2,001,900 (333,100) -14.3% 2,423,700 21.1% 150,000 -93.8% 350,000 133.3% Total 1,144,183 1,825,472 59.5% 17,958,023 107.2% 2,335,000 48.2% 2,001,900 (333,100) -14.3% 2,423,700 21.1% 150,000 -93.8% 350,000 133.3% TOTAL EXPENDITURES 38,142,615 46,461,370 21.8% 66,373,034 19.2% 50,498,580 66.1% 52,447,540 1,948,960 3.9% 52,545,100 0.2% 51,275,285 -2.4% 52,662,841 2.7% NET REVENUES OVER EXPENDITURES 214,750 (20,952,462) (2,526,581) (1,144,930) 1,534,535 1,618,909 BEGINNING FUND BALANCE 39,324,810 39,539,560 18,587,098 16,060,517 14,915,587 16,450,122 ENDING FUND BALANCE 39,539,560 18,587,098 16,060,517 14,915,587 16,450,122 18,069,032 Total Salaries 12,367,361 15,757,700 27.4% 15,687,900 10.3% 16,532,100 45.8% 17,118,900 586,800 3.5% 17,632,467 3.0% 18,161,441 3.0% 18,706,284 3.0% Total Operating & Maintenance 24,012,170 27,233,488 13.4% 31,684,132 0.3% 30,029,580 73.7% 32,417,740 2,388,160 8.0% 31,660,733 -2.3% 32,135,644 1.5% 32,778,356 2.0% Total Capital 1,663,609 2,041,072 22.7% 18,332,702 87.5% 2,372,500 34.0% 2,102,700 (269,800) -11.4% 2,443,700 16.2% 170,000 -93.0% 370,000 117.6% Total Transfers 99,474 1,429,110 1336.7% 668,300 571.8% 1,564,400 0.0% 808,200 (756,200) -48.3% 808,200 0.0% 808,200 0.0% 808,200 0.0% Total General Fund Operating 38,142,615 46,461,370 21.8% 66,373,034 19.2% 50,498,580 66.1% 52,447,540 1,948,960 3.9% 52,545,100 0.2% 51,275,285 -2.4% 52,662,841 2.7% - - - - - - -
Public Safety
Non-Departmental
Debt Service
DRAFT 285 of 289
Interfund Transfers Schedule
Dept Number Name
FY23/24
Adopted
FY23/24
Amended
FY24/25
Adopted
FY24/25
Adopted
Revised Dept Number Name
FY23/24
Adopted
FY23/24
Amended
FY24/25
Adopted
FY24/25
Adopted
Revised
Library Book Van 101‐20‐2110‐59006 Transfers Out ‐ To Book Van Library Fund 208 $ ‐ 50,000$ 50,000$ 50,000$ Library Book Van 208‐20‐2100‐49000 Transfers In from General Fund 101 $ ‐ 50,000$ $ ‐ 50,000$ Planning ‐ Housing 101‐40‐4600‐59004 Transfers Out to Housing‐In‐Lieu Fund (225) 200,000$ 200,000$ 250,000$ 250,000$ Planning ‐ Housing 225‐40‐4600‐49000 Transfers In from General Fund 101 200,000$ 200,000$ 250,000$ 250,000$ Neighborhood Services ‐ Community Center 101‐60‐6510‐59005 Transfers Out to Community Center Fund (217) 418,300$ 418,300$ 508,200$ 508,200$ Neighborhood Services ‐ Community Center 217‐60‐6510‐49000 Transfers In from General Fund 101 418,300$ 418,300$ 508,200$ 508,200$ Subtotal 618,300$ 668,300$ 808,200$ 808,200$ 618,300$ 668,300$ 758,200$ 808,200$ Neighborhood Services ‐ Community
Development Block Grant 402‐60‐6300‐59000 Transfers Out to General Fund (101) 50,709$ 50,709$ 50,709$ 50,709$ Neighborhood Services ‐ Community
Development Block Grant 101‐80‐8500‐49001 Transfers In from CDBG (402) 50,709$ 50,709$ 50,709$ 50,709$ Subtotal 50,709$ 50,709$ 50,709$ 50,709$ 50,709$ 50,709$ 50,709$ 50,709$ Library Book Van 501‐20‐2110‐59007 Transfers out to Library Special Tax/Measure L ‐ Fund 208 50,000$ 50,000$ 50,000$ 50,000$ Library Book Van 208‐20‐2100‐49007 Transfers in Library Special Tax/Measure L ‐ Fund 501 $ ‐ 50,000$ $ ‐ 50,000$ Subtotal 50,000$ 50,000$ 50,000$ 50,000$ $ ‐ 50,000$ $ ‐ 50,000$ Total Transfers Out (Expenditures) to Other Funds 719,009$ 769,009$ 908,909$ 908,909$ Total Transfers In (Revenues) from Other Funds 669,009$ 769,009$ 808,909$ 908,909$ Other Financing Uses ‐ Transfers Out (Expenditures) to Other Funds Other Financing Sources ‐ Transfers In (Revenues) From Other Funds DRAFT
286 of 289
ATTACHMENT 2:

GANN Limit Resolution
-
Will be Provided at
June 18, 2024 Meeting
DRAFT 287 of 289
ATTACHMENT 3:

A resolution of the City Council of the City of Goleta, California amending the City of Goleta Schedule of Authorized Positions and the City of Goleta Salary Schedule and Classification Plan for fiscal year 2023/24 and fiscal year 2024/25 and, adding new classification specifications

NOT AVAILABLE

TO BE PROVIDED IN DRAFT FORM AT THE BUDGET WORKSHOP
DRAFT 288 of 289
ATTACHMENT 4:

FY 2024/25 Mid-Cycle Budget Presentation

NOT AVAILABLE

TO BE PRESENTED AT THE FINANCE COMMITTEE
DRAFT 289 of 289