Mayor and City Council
April 3, 2024

81.80% 18.20%
Phase Estimated Cost Buy-Down
Funds SBCTA Share CITY Share Cost to Date
(thru Jan 2024)
Project Approval and
Environmental Document
(PA/ED)
$190,000 $0 $155,420 $34,580 $103,946 $1,191,676
Design (PS&E) $460,000 $0 $376,280 $83,720 $0
Right of Way (ROW) $0 $0 $0 $0 $3,778
Construction $4,835,000 $0 $3,955,030 $879,970 $98,870
SBCTA Oversight $400,000 $0 $0 $400,000 $206,594
TOTAL $5,885,000 $0 $4,486,730 $1,398,270
2/12/2024 29.23% 70.77%
Current Coop Costs Forecast Total Coop
Difference*
City Contribution
Per Coop
Forecast City
Contribution
City Contribution
Difference* SBCTA per Coop Forecast SBCTA SBCTA Difference PA/ED 190,000 $                  207,285 $                  (17,285) $                    34,580 $                  37,726 $               (3,146) $                 155,420$              169,559 $                     (14,139) $ PS&E 460,000 $                  501,848 $                  (41,848) $                    83,720 $                  91,336 $               (7,616) $                 376,280$              410,512 $                     (34,232) $ ROW ‐ $                           ‐ $                           ‐ $                            ‐ $                        ‐ $                     ‐ $                       ‐ $                       ‐ $                              ‐ $ Construction 4,835,000 $               7,126,734 $               (2,291,734)$              879,970 $               1,297,066$         (417,096) $             3,955,030$           5,829,668 $                  (1,874,638)$ Oversight 400,000 $                  200,000 $                  200,000 $                   400,000 $               200,000 $            200,000 $              ‐ $                       ‐ $                              ‐ $ TOTAL 5,885,000$               8,035,867 $               (2,150,867)$              1,398,270$            1,626,128 $         (227,858)$             4,486,730$           6,409,739.1$              (1,923,009.1)$ *positive values are savings Conservative Estimate
KCS/CM support $827,949 KCS/CM support $827,949
$6,298,785 $4,929,825
$7,126,734 $5,757,774
Expenditure Summary
Prior  FY and
FY 23/24 to date
Remaining
FY 23/24 FY 24/25 FY 25/26 FY 26/27 FY 25/26 Future FY Total PE** $103,946 $16,054 $8,156 $906 $0 $129,062
R/W $0 $0 $0 $0 $0 $0
CON*** $3,778 $419,422 $524,320 $349,546 $0 $1,297,066
SBCTA Oversight $96,871 $10,000 $46,565 $37,252 $9,313 $200,000 Total $204,594 $445,476 $579,040 $387,704 $9,313 $0 $1,626,128 * FY is 7/1-6/30
Preliminary Engineering (PE)
CON capital (draft 100% PSE
estimate) w/20% contingency
SR‐210 Waterman Avenue Interchange ‐ SBCTA Forecast and Cash Flow Funding Table in Cooperative Agreement Expenditures to Date DIF/ City Funds DIF/City Funds Balance from
Actuals and CoopPhase
CON capital (draft 100% PSE estimate)
w/10% contingency
Right of Way (ROW)
Construction
SBCTA Oversight
TOTAL
**SBCTA combined PA/ED and PS&E into one phase (PE - Preliminary Engineering) There were advance PS&E design work completed during PA/ED phase and coded as PA/ED work because the environmental City Funds ‐ FY* Cash Flow Forecast Proposed