Attachment 4
Department/Item
Source of
Funds
Use of
Funds Explanation
Transfer to the Electric Utility
Capital Fund
1,500,000 This action establishes a transfer to the Electric Utility Capital Fund in the amount of $1.5 million to
increase the Transmission and Distribution Capital
Maintenance and Betterments project. Funding will
be used to replace approximately 50 utility poles
identified during routine inspections (five
affirmative Council votes required for the use of
unused balances).
Unrestricted Ending Fund
Balance
(1,500,000) This action decreases the Unrestricted Ending Fund Balance to offset the action above (five affirmative
Council votes required for the use of unused
balances).
- -
Department/Item
Source of
Funds
Use of
Funds Explanation
Developer Contributions /
Juliet Substation Transformer
Rerate and Installation
827,500 827,500 This action recognizes Developer Contributions and establishes the Juliet Substation Transformer
Rerate and Installation project to upgrade two
transformers at the Juliet Substation for a customer
to meet additional capacity. A study will be
conducted by a consultant to determine all
necessary modifications to operate at 63MVA (five
affirmative Council votes required to
appropriate additional revenue).
Transfer from the Electric
Utility Fund / Transmission and
Distribution Capital
Maintenance and Betterments
Project
1,500,000 1,500,000 This action recognizes a transfer from the Electric Utility Fund and increases the Transmission and
Distribution Capital Maintenance and Betterments
project in the amount of $1.5 million. Inspections
are performed to ensure SVP's infrastructure meets
current standards and identifies infrastructure items
that need to be repaired or replaced. Funding is
provided for SVP's plan to replace approximately 50
utility poles identified during routine inspections and to complete over 400 maintenance work orders
(five affirmative Council votes required to
appropriate additional revenue).
2,327,500 2,327,500
FY 2022/23 Budget Amendments
Electric Utility Capital Fund (591)
Electric Utility Fund (091)
1 Attachment 4
FY 2022/23 Budget Amendments
Department/Item
Source of
Funds
Use of
Funds Explanation
Other Agencies Revenue /
Annual Street Maintenance
and Rehabilitation Program
Project
133,173 133,173 This action recognizes Other Agencies Revenue and increases the Annual Street Maintenance and
Rehabilitation Program project in the amount of
$133,173. Remaining funds from the Old Mountain
View - Alviso Road bridge replacement at
Calabazas Creek project were returned to the City
from the City of Sunnyvale. This action
reappropriates those funds for the now closed
project to the Annual Street Maintenance Program
(five affirmative Council votes required to
appropriate additional revenue).
133,173 133,173
Department/Item
Source of
Funds
Use of
Funds Explanation
Santa Clara Women's League
Donation/Parks & Recreation -
Senior Health and Wellness
Program
5,000 5,000 This action recognizes a donation from the Santa Clara Women's League in support of the Senior
Health & Wellness Program. Funds are used to
support senior wellness and care management
programs (five affirmative Council votes
required to appropriate additional revenue).
5,000 5,000
Public Donations Fund (067)
Streets and Highways Capital Fund (533)
2