Projected Preliminary Preliminary Preliminary Preliminary Preliminary FY 2023/24 FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 Transaction & Use Tax $ 80,235,000 $ 83,715,000 $ 86,197,000 $ 89,001,000 $ 91,848,000 $ 94,793,000 Interest Earnings 300,000 800,000 800,000 800,000 800 ,000 800,000 Total Revenues 80,535,000$ 84,515,000$ 86,997,000$ 89,801,000$ 92,648,000$ 95,593,000$ 2 Payoff of the Balloon $32 million Pension
Obligation Bond $ 1,673,530 $ 1,673,370 $ 1,672,800 $ 1,673,150 $ - $ - 5 Additional Sw
or
n Police Positions 12,549,623 13,134,404 13,600,928 14,143,542 14,421,902 14,934,119 6 Public Safety Non-Sworn Positions and
Recruitment Costs 1,014,830 1,186,207 1,227,874 1,268,595 1,312,437 1,344 ,298 7 Police Officer Lateral Hire Incentives and
Recruitment Costs 200,000 - - - - - 8 Additional Public Safety Dispatchers 1,340,627 1,350,390 1,398,075 1,467,993 1,504,314 1,528,201 9 Maintain Firefighter Staffing Level 1,587,087 1,638,201 1,717,483 1,784,874 1,836,830 1,916,872 10 Fire Captains (Training and Arson) 708,920 1,522,182 1,582,455 1,604,065 1,632,004 1,685,120 11 Reinstatement of Battalion Chief 368,685 440,206 458,806 463,565 470,435 486,583 12 Police Vehicle Replacement and
Maintenance Plan 2,269,017 2,314,398 2,360,686 2,407,899 2,456,057 2,505 ,179 14 Fire Vehicle Replacement and
Maintenance Plan 4,458,395 7,034,324 5,945,237 7,253,510 6,438,288 3,758 ,277 16 Additional Fleet Mechanics for Police
Department 257,521 242,063 249,872 257,268 265,356 267,606 17 Additional Fleet Mechanics for Fire
Department 262,973 277,969 281,971 285,094 288,556 291,075 18 General Fund Support - Maintain Existing
Services 18,266,026 18,266,026 18,266,026 18,266,026 18,266,026 18,266,026 19 General Plan Update - - - - - 20 Homeless Prevention & Services 500,000 758,858 638,760 639,131 639,513 639,906 21 Principal Analyst - City Manager's Office 154,543 - - - - - 22 Budget Engagement Commission Support 39,082 25,750 26,523 27,318 28,138 28,983 23 New Downtown Main Library 2,738,750 2,737,000 2,736,630 2,737,380 2,734,130 2,731,750 24 SPC Jesus S. Duran Eastside Library 2,000,000 - - - - 25 New Police Headquarters ($52M, 30-yr) - - 3,364,753 3,364,753 3,364,753 3,364,753 26 Museum Expansion and Rehabilitation
($35M, 30yr) - 2,264,738 2,264,738 2,264,738 2,264,738 2,264,738 28 Annual Deferred Maintenance (Existing
Facilities) 1,500,000 4,000,000 4,000,000 2,500,000 2,500,000 2,500 ,000 29 Maximize Roads/Streets (Pavement
Condition Index) 10,875,000 12,475,000 12,475,000 11,675,000 11,675,000 11,675,000 30 Tree Trimming 3,500,000 3,960,000 3,500,000 2,000,000 2,000,000 2,000,000 31 Ward Action Team - City Attorney's Office 359,706 399,447 414,969 424,003 429,064 432,423 33 Technology Improvements 1,501,315 2,300,132 2,300,336 1,900,475 1, 900,512 1,900,474 34 4-Person Staffing o
n Fire Trucks 1,199,078 1,295,100 1,385,328 1,455,040 1,481,706 1,553,091 39 Public Safety & Engagement Team Program
(PSET) - Urban 4,572,806 4,253,060 4,391,723 4,781,599 4,190,127 3,762 ,074 45 Motorhome Removal & Disposal 45,000 45,000 45,000 45,000 45,000 45,000 46 Park and Neighborhood Specialist (PANS)
Program 1,815,973 2,094,773 2,208,560 2,311,058 2,417,664 2,476 ,297 47 Police Helicopters Capital Lease 1,238,158 1,238,158 1,238,158 1,238,158 1,238,158 1,238,158 48 Office of Homeless Solutions Expansion 158,649 181,352 191,516 201,015 208,300 215,313 Measure Z Spending Plan
Spending Items
REVENUE
EXPENDITURES
Five-Year Financial Plans
Page E-3
Projected Preliminary Preliminary Preliminary Preliminary Preliminary FY 2023/24 FY 2024/25 FY 2025/26 FY 2026/27 FY 2027/28 FY 2028/29 Measure Z Spending Plan
Spending Items
49 Public Safety & Engagement Team Program
(PSET) - Wildlands 5,315,839 4,857,007 5,129,488 5,457,914 5,203,270 4,890 ,851 50 Public Safety Enterprise Communication
System (PSEC) Radios 343,438 343,438 343,438 - - - 51 Office of Sustainability 380,988 404,395 421,711 439,172 457,776 476,505 52 Sidewalk Repair 600,000 600,000 600,000 600,000 600,000 600,000 55 Parks Capital Improvement Projects - 4,057,500 3,500,000 3,500, 000 3,500,000 3,500,000 56 Fire - Analog Simulcast Communication
System 1,566,441 - - - - - 57 Non-Safety Vehicles 1,600,000 1,600,000 1,300,000 1,300,000 1,300, 000 58 Community Safety - Security Guards
Expansion 500,000 - - - - 59 Police Radios Replacement 3,296,344 - - - - 60 Senior & Disabled Programming 500,000 500,000 500,000 500,000 500,000 61 One Stop Shop Refresh 1,200,000 (250,000) (250,000) (250,000) (25 0,000) Total Expenditures 87,592,000$ 104,466,792$ 101,788,844$ 99,987,335$ 97,320,054$ 94,828,672$ Five-Year Financial Plan Surplus/(Deficit) $ (7,057,000) $ (19,951,792) $ (14,791,844) $ (10,186,335) $ (4,672,054) $ 764,328 58,980,266$ $ 51,923,266 $ 31,971,474 $ 17,179,630 $ 6,993,295 $ 2,321,241 Five-Year Financial Plan Surplus/(Deficit) (7,057,000) (19,951,792) (14,791,844) (10,186,335) (4,672,054) 764,328 $ 51,923,266 $ 31,971,474 $ 17,179,630 $ 6,993,295 $ 2,321,241 $ 3,085,569 Permanent Policy Reserve Set-Aside $5M
Ending Measure Z Fund Available Balance
Available Balance
Beginning Measure Z Available Balance
Five-Year Financial Plans
Page E-4