FY 2021/23 Infrastructure Fund Annual Report
June 6, 2023
Infrastructure Fund FY 2021/22
Section 617 (c) of the City Charter requires that the Citizens Infrastructure Advisory Board conduct an annual review and performance audit of the Infrastructure Fund and reports its findings to the City Council prior to the adoption of the following fiscal year budget.
The Citizens Infrastructure Advisory Board/Public Works Commission reviewed and recommended Council approval of the Infrastructure Fund Report for Fiscal Year 2021/22 on May 18, 2023 The report covers July 1, 2021 to June 30, 2022
Infrastructure Fund FY 2021/22
Fund Balance
Fund Balance 7/1/21 $17,064,423
Revenue 2021/22 $14,301,238
Expenditures 2021/22 $10,881,530
Fund Balance 6/30/22 $20,484,131
Revenue $14,301,238
General Fund Transfer - $14,050,000
$31,504 in interest and market adjustments
$10,728 in maintenance reimbursements
$209,006 paving reimbursement from the City of Fountain Valley
Infrastructure Fund FY 2021/22
Expenditures - $10,881,530
Infrastructure Projects - $1,072,033
Central Park Projects - $67,429
20-21 Projects - $476,305
21-22 Projects - $4,416,337
Main Promenade Parking - $169,314
Maintenance and Design - $4,089,577
Heil Pump Station - $43,323
Atlanta Avenue Widening - $8,667
Arterial Rehabilitation - $266,750
Rodgers Senior Center - $265,825
Bluff Top Park Improvements - $5,970
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