Finance Committee
April 9, 2024

City of Salinas
Development Fee Fund 2300 (3200)
Estimated Fund Balances
Fiscal Year 2023-24
2301 2302 2303 2304 2306 2307 2308
Sewer Park Fee Library Fee Tree Fee Traffic Fee Fire Fee Police Fee Total Fund Fund Fund Fund Fund Fund Fund
$ $ $ $ $ $ $ $
Cash Balance-June 30, 2023 19,496,245 1,919,523 1,619,880 369,757 30,150 13,891,536 248,675 1,416,991 A/P Operations 0
A/P CIP (35,642) (34,104) (1,455) (83)
Encumbrance Operations 0
Encumbrance Approp CIP (395,594) (135,617) (259,977)
Carryover Approp CIP (10,122,901) (1,464,004) (1,104,118) (7,554,778) Adjusted Cash Balance-June 30, 2023 8,942,108 285,797 514,307 369,757 30,150 6,076,698 248,675 1,416,991 Estimated Revenue
Investment Earnings 330,900 37,000 24,000 4,000 500 240,000 3,400 22,000 Development Fees 1,255,000 150,000 180,000 65,000 10,000 700,000 30,000 120,000 Total Estimated Revenue 1,585,900 187,000 204,000 69,000 10,500 940,000 33,400 142,000 Capital Projects
9086 - Natividad Creek Silt Removal (75,000) (75,000)
9114 - Salinas River Outfall Channel Repairs (50,000) (50,000) 9127 - Silt Removal Gabilan Creek (75,000) (75,000)
9175 - Santa Rita Storm Channel (50,000) (50,000)
9346 - Natividad Creek Community Park (82,500) (82,500) Total CIP (332,500) (250,000) (82,500) 0 0 0 0 0
Estimated Fund Balance-June 30, 2024 10,195,508 222,797 635,807 438,757 40,650 7,016,698 282,075 1,558,991 2301 2302 2303 2304 2306 2307 2308
draft
Exhibit C