Attachment 3
Department/Item
Source of
Funds
Use of
Funds Explanation
Materials/Services/Supplies 1,000,000 Increases the materials, services, and supplies in the Water and Sewer Utilities Department's budget
to set aside funding for potential litigation costs (five affirmative Council votes required for the use of
unused balances).
Reserve for Claims 3,000,000 Establishes a reserve for claims to set aside funds for future potential legal settlement costs (five
affirmative Council votes required for the use of
unused balances).
Ending Fund Balance (4,000,000) Decreases the ending fund balance to offset the actions recommended above (five affirmative
Council votes required for the use of unused
balances).
- -
Department/Item
Source of
Funds
Use of
Funds Explanation
Other Agencies Revenue /
Tasman Complete Streets
Plan 2021 Improvements
Phase 1 – North San Jose
Settlement Project
1,500,000 1,500,000 Increases the estimate for Other Agencies Revenue and establishes the Tasman Complete Streets Plan
2021 Improvements Phase 1 – North San Jose
Settlement project in the amount of $1.5 million to
recognize payment from the City of San Jose for the
Tasman Complete Streets Plan 2021
Improvements Phase 1 project as part of the North
San Jose Settlement, approved by the City on June
28,2022. This is the first installment of the total
payment of $9,330,000 from the City of San Jose
according to the schedule outlined by the
settlement. These funds are to be used for
complete street improvements on Tasman Drive
(five affirmative Council votes required to
appropriate additional revenue).
1,500,000 1,500,000
FY 2022/23 Budget Amendments
Streets and Highways Capital Fund (533)
Sewer Utility Fund (094)
1