Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
38,292,885 This action increases the Unrestricted Beginning Fund Balance from $1,022,000 to $39,314,885 as
a result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Budget Stabilization Reserve -
Beginning Fund
Balance/Ending Fund Balance
Reconciliation
2,191,822 2,191,822 This action increases the Budget Stabilization Reserve Beginning and Ending Fund Balances as
a result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Capital Projects Reserve -
Beginning Fund
Balance/Ending Fund Balance
Reconciliation
(2) (2) This action decreases the Capital Projects Reserve Beginning and Ending Fund Balances as
a result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Land Sale Reserve -
Beginning Fund
Balance/Ending Fund Balance
Reconciliation
(1) (1) This action decreases the Land Sale Reserve Beginning and Ending Fund Balances as a result
of the FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
Technology Fee Reserve -
Beginning Fund
Balance/Ending Fund Balance
Reconciliation
655,354 655,354 This action increases the Technology Fee Reserve Beginning and Ending Fund Balances as
a result of the FY 2022/23 year-end actual
reconciliation (majority affirmative Council
votes required).
Advanced Planning Fee
Reserve - Beginning Fund
Balance/Ending Fund Balance
Reconciliation
1,563,483 1,563,483 This action increases the Advanced Planning Reserve to account for planning revenues in
excess of the related expenditures in FY 2022/23
(majority affirmative Council votes required).
Beginning Fund Balance -
Restricted for Pre-
Payments/Public Works
Department Budget
91,560 91,560 This action recognizes the Beginning Fund Balance - Restricted for Prepayments to
carryforward remaining developer deposit funds.
Revenues were originally collected to compensate
for third party plan review and inspection services
as well as services from the Public Works property
development division. These funds are
recommended to be allocated to the Public Works
Department to provide these services (five
affirmative Council votes required for the use
of unused balances).
General Fund
FY 2023/24 Budget Amendments
General Fund (001)
1 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
General Fund
FY 2023/24 Budget Amendments
General Fund (001)
Pension Stabilization Reserve -
Beginning Fund
Balance/Ending Fund Balance
Reconciliation
941,952 941,952 This action increases the Pension Stabilization Reserve Beginning and Ending Fund Balances as
a result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Property Tax Education
Revenue Augmentation Fund
(ERAF) Reserve - Beginning
Fund Balance/Ending Fund
Balance Reconciliation
3,342,000 3,342,000 This action increases the Property Tax ERAF Reserve Beginning and Ending Fund Balances as
a result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Property Tax Education
Revenue Agumentation Fund
(ERAF) Reserve True Up
through FY 2022/23
138,000 This action increases the Property Tax ERAF
Reserve to account for the potential risk due to
legal challenges associated with the excess ERAF
distribution. The County of Santa Clara has
recommended setting aside 22% of the excess
ERAF distributed since FY 2020/21. This action
trues up the reserve through FY 2022/23 based on
this direction (five affirmative Council votes
required for the use of unused balances).
Property Tax Revenue/ERAF
Reserve
1,343,000 1,343,000 This action recognizes FY 2023/24 Property Tax revenue and allocates the funds to the ERAF
Reserve to account for the ERAF funding that is at
risk for FY 2023/24 per direction from the County
of Santa Clara. When the budget was developed,
the Property Tax revenue estimate was reduced
by the amount potentially at risk associated with
the excess ERAF distribution. This action
recognizes those anticipated funds and sets them
aside in reserve pending the outcome of legal
challenges (five affirmative Council votes
required to appropriate additional revenue).
Rent / City Manager's Office 1,034,300 1,770,760 This action increases the rent revenue estimate and the budget appropriation for the Commerce
Plaza and Peddler's Plaza, based on estimated
activity and maintenance needs for FY 2023/24.
This appropriation increase is also to provide
funding for necessary HVAC repairs and
replacements (five affirmative Council votes
required to appropriate additional revenue and
for the use of unused balances).
2 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
General Fund
FY 2023/24 Budget Amendments
General Fund (001)
Historical Preservation
Reserve - Beginning Fund
Balance/Ending Fund Balance
Reconciliation
1,458 1,458 This action increases the Historic Preservation Reserve Beginning and Ending Fund Balances as
a result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Transfer to the Vehicle
Replacement Fund (Fire
Ambulance)
81,900 This action establishes a transfer to the Vehicle Replacement Fund to replenish funds for the
purchase of a used ambulance for the Fire
Department in FY 2022/23. Funds are offset by
Fire Department ambulance transport payments
that were collected in FY 2022/23 (five
affirmative Council votes required for the use
of unused balances).
Transfer to the Fire
Development Fee Fund
1,347,578 This action transfers $1,347,578 to the Fire Development Fee Fund based on the
reconciliation of Fire Development Services
revenues and expenditures for FY 2022/23. In FY
2022/23 the Fire Development Services were
reflected in the General Fund; this activity is now
budgeted in a separate Fire Development
Services Fund (five affirmative Council votes
required for the use of unused balances).
Transfer from the Engineering
Operating Grant Trust Fund
3,536 This action establishes a transfer from the
Engineering Operating Grant Trust Fund. As
approved as part of the FY 2020/21 Budgetary
Year-End Report, $3,536 was transferred to the
Engineering Operating Grant Trust Fund for
unreimbursed expenses related to the Valley
Transportation Authority (VTA) 2016 grant. As a
result of FY 2022/23 year-end actuals
reconciliation, this reimbursement was received
for this VTA 2016 grant (five affirmative Council
votes required to appropriate additional
revenue).
3 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
General Fund
FY 2023/24 Budget Amendments
General Fund (001)
Transfer from the Fire
Operating Grant Trust Fund
227 This action establishes a transfer from the Fire
Operating Grant Trust Fund to return unused
funds for expenses related to the Assistance to
Firefighters Grant City Match FY19/20 ($25) and
the Assistance to the Firefighters Grant
Supplemental City Match ($202) (five affirmative
Council votes required to appropriate
additional revenue).
Transfer from the Other City
Department Operating Grant
Trust Fund/Budget
Stabilization Reserve
26,057 This action establishes a transfer from the Other City Departments Operating Grant Trust Fund to
return unused funding related to COVID-19
expenses (five affirmative Council votes
required to appropriate additional revenue).
Transfer from the Public
Works Capital Projects
Management Fund
293,038 This action establishes a transfer from the Public Works Capital Projects Management Fund to
reflect the return of FY 2022/23 savings in costs
that were originally funded by the General Fund
(five affirmative Council votes required to
appropriate additional revenue).
Transfer from the Public
Buildings Capital Fund/Capital
Projects Reserve
112,452 112,452 This action establishes a transfer from the Storm Drain Capital Fund in the amount of $112,452 and
an associated increase to the General Fund
Capital Project Reserve to return capital project
savings for the City Hall Security & Key System
Upgrade, COVID-19 Safety Renovations, and
HVAC Chiller Unit projects that were originally
funded by the General Fund (five affirmative
Council votes required to appropriate
additional revenue).
Transfer from the Parks and
Recreation Capital
Fund/Capital Projects Reserve
10,066 10,066 This action establishes a transfer from the Parks and Recreation Capital Fund in the amount of
$10,066 and an associated increase to the
General Fund Capital Project Reserve to return
capital project savings for the Mission Library
Gazebo project that was originally funded by the
General Fund (five affirmative Council votes
required to appropriate additional revenue).
4 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
General Fund
FY 2023/24 Budget Amendments
General Fund (001)
Transfer from the Storm Drain
Capital Fund/Capital Projects
Reserve
920 920 This action establishes a transfer from the Storm Drain Capital Fund in the amount of $920 and an
associated increase to the General Fund Capital
Project Reserve to return capital project savings
for the Westside Retention Basin Pump
Replacement Project that was originally funded by
the General Fund (
five affirmative Council votes
required to appropriate additional revenue).
Transfer from the Fire
Department Capital
Fund/Capital Projects Reserve
42 42 This action establishes a transfer from the Storm Drain Capital Fund in the amount of $42 and an
associated increase to the General Fund Capital
Project Reserve to return capital project savings
for the Defibrillator/Monitor Replacement Project
that was originally funded by the General Fund
(five affirmative Council votes required to
appropriate additional revenue).
Transfer to Storm Drain
Capital Fund
10,982 Based on actual Storm Drain Charges for Services revenue received ($1,443,018), this action
establishes a transfer to the Storm Drain Capital
Fund of $10,982 to return the excess initial
transfer from the Storm Drain Fund to the General
Fund ($1,454,000) (five affirmative Council
votes required for the use of unused
balances).
Transfer to the Sports and
Open Space Authority Fund
6,500 This action increases the transfer to the Sports
and Open Space Authority Fund to cover the
overage in that fund in FY 2022/23 ($2,934) and
higher projected costs in FY 2023/24 for audits,
board stipends, and other non-personnel
expenditures ($3,566) (five affirmative Council
votes required for the use of unused
balances).
5 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
General Fund
FY 2023/24 Budget Amendments
General Fund (001)
Transfer to the Parks &
Recreation Capital Fund
(Central Park Master Plan -
Aquatic Center Planning &
Design)
559,000 This action increases the Transfer from the
General Fund - Capital Project Reserve to the
Parks & Recreation Capital Fund for the Central
Park Master Plan - Aquatic Center Planning &
Design project. The transfer allocates funding
from the International Swim Center (ISC)
settlement that was set aside in the General Fund -
Capital Project Reserve (five affirmative Council
votes required for the use of unused
balances).
Capital Project Reserve (559,000) Decreases the Capital Project Reserve to transfer $559,000 to the Parks & Recreation Capital Fund
for the Central Park Master Plan - Aquatic Center
Planning & Design project (five affirmative
Council votes required for the use of unused
balances).
Finance Department 250,000 This action reflects the carryover of $250,000 from FY 2022/23 for Business Tax implementation
costs. The consultant services contract of
$250,000 that was entered in May 2023 was not
encumbered by the end of FY 2022/23 (five
affirmative Council votes required for the use
of unused balances).
Non-Departmental -
Information Technology Cost
and Benefit Organizational
Analysis
100,000 This action reflects the carryover of $100,000 from FY 2022/23 to bring on a third party consultant to
perform an organizational analysis of Information
Technology services. The City has seen a
consistent need for resources dedicated to
audio/visual services. This consultant will also
evaluate the City's needs and determine the most
efficient and effective method of bringing on this
type of resource (five affirmative Council votes
required for the use of unused balances).
Non-Departmental - City
Council Initiatives
250,000 This action reflects the carryover of $250,000 from FY 2022/23 for City Council initiatives. The City
Council has identified a number of funding needs
during its deliberations, and this allocation would
set aside funds to address a limited number of
those needs (five affirmative Council votes
required for the use of unused balances).
6 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
General Fund
FY 2023/24 Budget Amendments
General Fund (001)
Transfer to the
Communication Acquisitions
Fund (Public Safety Radios)
3,500,000 This action transfers $3.5 million to the
Communication Acquisitions Fund for the
purchase, installation and programming of
replacement radios for the Police and Fire
Departments. The total replacement cost is
estimated at $6.2 million. The remaining funding
for the radios will be supported by federal funding
of $1.75 million and available fund balance in the
Communication Acquisitions Fund (five
affirmative Council votes required for the use
of unused balances).
Transfer to the Public
Buildings Capital Fund
750,000 This action establishes a transfer to the Public Buildings Capital Fund to establish the Public and
Workspace Improvement Planning project that will
fund improvements to the City Hall complex, such
as the cafeteria, conference rooms, and public
spaces (five affirmative Council votes required
for the use of unused balances).
Transfer to the General
Government Capital Fund
1,594,927 This action establishes a transfer to the General Government Capital Fund for the UPRR Agnew
Siding Project - City Utility Protection/Relocation
project. Funding was set aside in the FY 2021/22
Year End Close report and this action provides
funding for the construction portion of the project
(five affirmative Council votes required for the
use of unused balances).
Capital Projects Reserve (1,594,927) Decreases the Capital Project Reserve to transfer $1,594,927 to the General Government Capital
Fund for the construction portion of the UPRR
Agnew Siding Project - City Utility
Protection/Relocation project (five affirmative
Council votes required for the use of unused
balances).
Capital Projects Reserve 20,000,000 This action increases the Capital Projects Reserve by $20.0 million to support capital projects to be
programmed in the FY 2024/25 and FY 2025/26
Capital Budget (five affirmative Council votes
required for the use of unused balances).
7 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
General Fund
FY 2023/24 Budget Amendments
General Fund (001)
Pension Stabilization Reserve 5,168,000 This action increases the Pension Stabilization Reserve by $5,168,000, which represents 1% of
the unfunded liability for the General Fund. Per the
City's Budget Policies, the goal is to increase the
Pension Stabilization Reserve by 1% of the
unfunded liability annually. This action would bring
the reserve in the General Fund to $27.5 million,
which represents 5.3% of the unfunded liability of
$516.8 million (five affirmative Council votes
required for the use of unused balances).
Budget Stabilization Reserve 6,276,323 This action increases the Budget Stabilization Reserve to allocate additional General Fund fund
balance from FY 2022/23 (five affirmative
Council votes required for the use of unused
balances).
49,904,149 49,904,149
8 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
108,807 108,807 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
108,807 108,807
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
226,229 226,229 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Operating
Surplus
3,106,024 3,106,024 This action changes the Operating Surplus - Beginning Fund Balance and Ending Fund
Balance as a result of the FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Restricted
Levy Funds
275,470 275,470 This action changes the Restricted Levy Funds - Beginning Fund Balance and Ending Fund
Balance as a result of the FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
3,607,723 3,607,723
FY 2023/24 Budget Amendments
Convention Center Enterprise Fund (860)
Enterprise Funds
Cemetery Fund (093)
9 Attachment 2
FY 2023/24 Budget Amendments
Enterprise Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Public Benefits
Program
807,327 807,327 This action changes the Public Benefits Program - Beginning Fund Balance and Ending Fund
Balance as a result of FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Low Carbon
Fuel Program
(1,481,228) (1,481,228) This action changes the Low Carbon Fuel Program - Beginning Fund Balance and Ending
Fund Balance as a result of FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Greenhouse
Gas Program
(542,292) (542,292) This action changes the Greenhouse Gas Program - Beginning Fund Balance and Ending
Fund Balance as a result of FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
(1,216,194) (1,216,194)
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
22,084,039 This action increases the Unrestricted Beginning Fund Balance (from $76,261,646 to $98,345,685)
as a result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Beginning Fund Balance
Reconciliation - Operations
and Maintenance Reserve
11,874,139 This action increases the Operations and
Maintenance Reserve Beginning Fund Balance
(from $138,891,417 to $150,765,556) as a result
of FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
Beginning Fund Balance
Reconciliation - Rate
Stabilization Reserve
3,070,855 This action increases the Rate Stabilization
Reserve Beginning Fund Balance (from
$53,705,758 to $56,776,613) as a result of FY
2022/23 year-end actuals reconciliation (majority
affirmative Council votes required).
Electric Operating Grant Trust Fund (191)
Electric Utility Fund (091)
10 Attachment 2
FY 2023/24 Budget Amendments
Enterprise Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning / Ending Fund
Balance Reconciliation -
Trading Restricted Reserve
1,608,225 1,608,225 This action increases the Trading Restricted Reserve - Beginning and Ending Fund Balance
(from $9,518,954 to $11,127,179) as a result of
FY 2022/23 year-end actuals reconciliation. The
reserve reflects cash set aside for trading activity
(majority affirmative Council votes required).
Beginning / Ending Fund
Balance Reconciliation -
Pension Trust Reserve
(742,384) (742,384) This action decreases the Pension Trust Reserve - Beginning Fund Balance (from $7,066,429 to
$6,324,045) and the Ending Fund Balance (from
$7,066,429 to $6,324,045) as a result of FY
2022/23 year-end actuals reconciliation (majority
affirmative Council votes required).
Ending Fund Balance -
Pension Trust Reserve
3,200,051 As part of the City's Budget Policy, the targeted annual contribution for the Pension Trust Reserve
is 1% of the City's unfunded pension liability. In
accordance with this policy, this action increases
the Pension Trust Reserve Ending Fund Balance,
from $6,324,045 to $9,524,096. This brings the
reserve level to 9% of the unfunded liability for the
Electric Utility Fund (five affirmative Council
votes required for the use of unused
balances).
Ending Fund Balance -
Infrastructure Reserve
10,000,000 This action increases the Infrastructure Reserve Ending Fund Balance (from $0 to $10,000,000) to
set aside funds for unforeseen and unbudgeted
capital costs (five affirmative Council votes
required for the use of unused balances).
Unrestricted Ending Fund
Balance
23,828,982 This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
37,894,874 37,894,874
Electric Utility Fund (091) (Cont'd.)
11 Attachment 2
FY 2023/24 Budget Amendments
Enterprise Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
346,328 This action increases the Unrestricted Beginning Fund Balance from $8,313,100 to $8,659,428 as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Beginning / Ending Fund
Balance Reconciliation -
Pension Trust Reserve
(97,817) (97,817) This action decreases the Pension Trust Reserve Transfer From the Sewer
Utility Debt Service Fund
750,000
Beginning Fund Balance (from $683,361 to
$585,544) and the Ending Fund Balance (from
$683,361 to $585,544) as a result of the FY
2022/23 year-end ac
tuals reconciliation (majority
affirmative Council votes required).
This action establishes a Transfer from the Sewer
Utility Debt Service Fund. As the debt fund does
not have a minimum requirement for fund balance,
it is rec
ommended to reallocate excess fund
balance to the operating fund (five affirmative
Council votes required to appropriate
additional revenue).
Capital Outlay - Expenditure
Carryover
950,000 This action reflects the carryover of $950,000 from FY 2022/23 for wastewater pumps. As approved
by the City Council on December 6, 2022, $1.2
million was appropriated to replace 31 wastewater
pumps. This carryover is necessary to complete
the purchases and replacement (five affirmative
Council votes required for the use of unused
balances).
Ending Fund Balance -
Pension Trust Reserve
322,355 As part of the City's Budget Policy, the targeted annual contribution for the Pension Trust Reserve
is 1% of the City's unfunded pension liability. In
accordance with this policy, this action increases
the Pension Trust Reserve Ending Fund Balance,
from $585,544 to $907,899. This brings the
reserve level to 9% of the unfunded liability for the
Sewer Utility Fund (five affirmative Council
votes required for the use of unused
balances).
Ending Fund Balance -
Unrestricted
(176,027) This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
998,511 998,511
Sewer Utility Fund (094)
12 Attachment 2
FY 2023/24 Budget Amendments
Enterprise Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
2,424,693 This action increases the Unrestricted Beginning Fund Balance from $2,464,422 to $4,889,115 as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Beginning / Ending Fund
Balance Reconciliation -
Pension Trust Reserve
(3,775) (3,775) This action decreases the Pension Trust Reserve Beginning Fund Balance (from $288,662 to
$284,887) and Ending Fund Balance (from
$309,291 to $305,516) as a result of FY 2022/23
year-end actuals reconciliation (majority
affirmative Council votes required).
Materials/Services/Supplies -
Expenditure Carryforward
175,748 This action carries forward
Materials/Services/Supplies budget for the
remaining grant funds for the SB1383 Local
Assistance Grant Program. These are one-time
funds to local jurisdictions to assist with the
implementation of regulation requirements
associated with SB 1383. Approved expenditures
include compost giveaways (purchase of compost,
supplies, and all staff time for the events) and a
power purchase agreement for power derived
from residential organic collected curbside (five
affirmative Council votes required for the use
of unused balances).
Transfer to the Solid Waste
Capital Fund
315,000 This action increases the transfer to the Solid Waste Capital Fund to cover Sanitary Landfill
Development - Post Closure project costs (five
affirmative Council votes required for the use
of unused balances).
Ending Fund Balance -
Pension Trust Reserve
139,591 As part of the City's Budget Policy, the targeted annual contribution for the Pension Trust Reserve
is 1% of the City's unfunded pension liability. In
accordance with this policy, this action increases
the Pension Trust Reserve Ending Fund Balance,
from $284,887 to $445,107. This brings the
reserve level to 9% of the unfunded liability for the
Solid Waste Fund (five affirmative Council
votes required for the use of unused
balances).
Ending Fund Balance -
Unrestricted
1,794,354 This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
2,420,918 2,420,918
Solid Waste Fund (096)
13 Attachment 2
FY 2023/24 Budget Amendments
Enterprise Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(288,130) This action decreases the Unrestricted Beginning Fund Balance from $1,867,561 to $1,579,431 as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Beginning Fund
Balance/Ending Fund Balance
Reconciliation - Pension
Stabilization Reserve
(20,769) (20,769) This action decreases the Pension Trust Reserve Beginning Fund Balance (from $124,092 to
$103,323) and the Ending Fund Balance (from
$124,092 to $103,323) as a result of the FY
2022/23 year-end actuals reconciliation (majority
affirmative Council votes required).
Ending Fund Balance -
Pension Trust Reserve
55,854 As part of the City's Budget Policy, the targeted annual contribution for the Pension Trust Reserve
is 1% of the City's unfunded pension liability. In
accordance with this policy, this action increases
the Pension Trust Reserve Ending Fund Balance,
from $103,323 to $159,177. This brings the
reserve level to 9% of the unfunded liability for the
Water Recycling Fund (five affirmative Council
votes required for the use of unused
balances).
Ending Fund Balance -
Unrestricted
(343,984) This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
(308,899) (308,899)
Water Recycling Fund (097)
14 Attachment 2
FY 2023/24 Budget Amendments
Enterprise Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
817,412 This action increases the Unrestricted Beginning Fund Balance from $5,845,632 to $6,663,044 as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Beginning Fund
Balance/Ending Fund Balance
Reconciliation - Pension
Stabilization Reserve
(142,696) (142,696) This action decreases the Pension Trust Reserve Beginning Fund Balance (from $1,402,813 to
$1,260,117) and the Ending Fund Balance (from
$1,402,813 to $1,260,117) as a result of FY
2022/23 year-end actuals reconciliation (majority
affirmative Council votes required).
Capital Outlay - Expenditure
Carryover
289,960 This action reflects the carryover of $289,960 from FY 2022/23 for the reactivation of Water Well
Station 23. This funding was approved by the City
Council on December 6, 2022, and the full amount
is needed in FY 2023/24 to complete the
reactivation (five affirmative Council votes
required for the use of unused balances).
Ending Fund Balance -
Pension Trust Reserve
561,577 As part of the City's Budget Policy, the targeted annual contribution for the Pension Trust Reserve
is 1% of the City's unfunded pension liability. In
accordance with this policy, this action increases
the Pension Trust Reserve Ending Fund Balance,
from $1,260,117 to $1,821,694. This brings the
reserve level to 9% of the unfunded liability for the
Water Utility Fund (five affirmative Council
votes required for the use of unused
balances).
Ending Fund Balance -
Unrestricted
(34,125) This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
674,716 674,716
Water Utility Fund (092)
15 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
29,116 29,116 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
29,116 29,116
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
7,936,735 7,936,735 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
7,936,735 7,936,735
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - CASp Reserve
- Restricted
(8,180) (8,180) This action changes the Restricted CASp Reserve - Beginning Fund Balance and Ending Fund
Balance as a result of FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Seismic Admin
Reserve - Restricted
17,430 17,430 This action changes the Restricted Seismic Admin Reserve - Beginning Fund Balance and Ending
Fund Balance as a result of FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Building
Standard - Restricted
3,993 3,993 This action changes the Restricted Building Standard Beginning Fund Balance and Ending
Fund Balance as a result of FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
13,243 13,243
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Building Special Programs and Training Fund (220)
Building Development Services Fund (155)
Bridge Maintenance District #2 Fund (463)
16 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(2,345,497) This action decreases the Unrestricted Beginning Fund Balance from $10,488,576 to $8,143,079 as
a result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Community Development -
Housing - Capital Outlay
3,000,000 This action reflects the carryover of $3.0 million from FY 2022/23 to complete the Freebird
Emergency Water project. On November 15,
2022, the City Council approved an action to
appropriate $3.0 million for a loan agreement with
Monroe Street Housing Partners LP (Freebird).
This loan is meant to provide funding for the
upgrade of the water mains at 2330 Monroe Street
(five affirmative votes required for the use of
unused balances).
Unrestricted Ending Fund
Balance
(5,345,497) This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
(2,345,497) (2,345,497)
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
322,519 This action increases the Unrestricted Beginning Fund Balance from $235,118 to $557,637 as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Beginning Fund Balance -
Capital Reserve
(686) This action decreases the Capital Reserve -
Beginning Fund Balance (from $200,767 to
$200,081) as a result of FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
Special Tax Revenues (5,122) This action decreases the revenue estimate for the community facilities district (CFD) special tax
levy from $383,077 to $377,955 based on the
latest CFD Tax Administration Report. This
estimate is based on 501 parcels within the CFD
that have been issued a building permit (majority
affirmative Council votes required).
Community Facilities District 2019-1 Lawrence Station (027) City Affordable Housing Fund (165)
17 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Capital Reserve (1,710) This action decreases the Capital Reserve to partially offset the decrease in the projected
special tax revenues (majority affirmative
Council votes required).
Ending Fund Balance -
Unrestricted
318,421 This change to the Ending Fund Balance offsets
the recommended actions above (majority
affirmative Council votes required).
316,711 316,711
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(276,545) This action decreases the Unrestricted Beginning Fund Balance from $145,000 to ($131,545) as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Other Fees for Services -
Revenue Carryover
393,004 Based on actual FY 2022/23 revenues, this action carries forward revenue in the amount of $393,004
due from Techmart and Hyatt. These companies
have been billed and the payments are expected
in FY 2023/24. The revised FY 2023/24 revenue
budget is $1,361,740 (majority affirmative
Council votes required).
Ending Fund Balance -
Unrestricted
116,459 This change to the Ending Fund Balance offsets
the recommended actions above (majority
affirmative Council votes required).
116,459 116,459
Convention Center Maintenance District Fund (026)
Community Facilities District 2019-1 Lawrence Station (027) (Cont'd.) 18 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
86,509 86,509 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Reserve for
Maintenance - Restricted
469 469 This action changes the Restricted Reserve for Maintenance Beginning Fund Balance and Ending
Fund Balance as a result of FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
86,978 86,978
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
77,809 77,809 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
77,809 77,809
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(455,609) This action decreases the Unrestricted Beginning Fund Balance from $0 to ($455,609) as a result of
FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
Engineering Operating Grant Trust Fund (144)
Endowment Care Fund (077)
Downtown Parking Maintenance District Fund (025)
19 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Transfer to the General Fund 3,536 This action transfers $3,536 back to the General Fund to return a subsidy that was approved by the
City Council on December 14, 2021, as part of the
FY 2020/21 Budgetary Year-End Report. The
subsidy was initially approved to cover costs for
anticipated reimbursable grant expenses for the
One Bay Area Grant 2015/16 (OBAG16) grant. In
FY 2022/23, the granting agency remitted the final
reimbursement of $3,536 for the OBAG16 grant,
so a General Fund subsidy is no longer required
(five affirmative votes required for the use of
unused balances).
Local Early Action Planning
Program
499,150 265,910 This action carries over grant revenue not yet received and unspent appropriations for the Local
Early Action Planning grant program. This is a
result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required to appropriate additional revenue and
for the use of unused balances).
Regional Early Action Planning 102,684 102,684 This action carries over grant revenue not yet received and unspent appropriations for the
Regional Early Action Planning grant program.
This is a result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required to appropriate additional revenue and
for the use of unused balances).
Tasman East Specific Plan 310,000 84,095 This action carries over grant revenue not yet received and unspent appropriations for the
Tasman East Specific Plan grant. This is a result
of the FY 2022/23 year-end actuals reconciliation
(five affirmative Council votes required to
appropriate additional revenue and for the use
of unused balances).
456,225 456,225
Engineering Operating Grant Trust Fund (144) (Cont'd.)
20 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation
1,454,825 This action increases the Unrestricted Beginning Fund Balance from $0 to $1,454,825 as a result of
the FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
City Attorney's Office 32,189 This action carries over funding from unspent funds designated to the City Attorney's Office for
Environmental Enforcement Fines ($32,189). This
is a result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
City Manager's Office 12,974 This action carries over unspent funds designated to the City Manager's Office for the
Caltrain Station ($12,974). This is a result of the
FY 2022/23 year-end actuals reconciliation (five
affirmative Council votes required for the use
of unused balances).
Developer Contributions /
Community Development
Department
49,500 49,500 This action carries over revenue not yet received and unspent funds for the Tasman East
Contributions. This is a result of the FY 2022/23
year-end actuals reconciliation (five affirmative
Council votes required to appropriate
additional revenue and for the use of unused
balances).
Fire Department 620,565 This action carries over funding from unspent funds designated to the Fire Department for the
following: CUPA Enforcement ($527,303),
Environment Enforcement Fees ($59), Fire
Prevention ($1,708), Fire - Haz Mat ($1,598), Fire -
Certification Grant ($5,223), Fire EMS Grant
($2,681), OES Emergency Preparation ($75,000),
Training Emergency Preparation ($4,133), and
Training Classes ($2,860). This is a result of the
FY 2022/23 year-end actuals reconciliation (five
affirmative Council votes required for the use
of unused balances).
Expendable Trust Fund (079)
21 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Library Department 19,488 This action carries over funding from unspent donations designated to the Library Department
for CLSA Transaction Based Reimbursement
($1,770) and the Public Library Foundation
($17,718). This is a result of the FY 2022/23 year-
end actuals reconciliation (five affirmative
Council votes required for the use of unused
balances).
Police Department 774,214 This action carries over funding from unspent funds designated to the Police Department for the
following: Bingo Enforcement Fees
($336,151), Opioid Settlement ($124,989), Seized
Asset Funds for local ($41) and for State
($310,713), and Shooting Range Recycled
Casings ($2,320). This is a result of the FY
2022/23 year-end actuals reconciliation (five
affirmative Council votes required for the use
of unused balances).
Public Works 19,097 14,492 This action increases the reimbursements for SVACA Billing not yet received. This action also
carries over funding from unspent funds
designated to the Public Works Department for
Environment Enforcement Fees ($12,875) and
Seiz
ed Asset Funds for local ($1,617). This is a
result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required to appropriate additional revenue
and for the use of unused balances).
1,523,422 1,523,422
Expendable Trust Fund (079) (Cont'd.)
22 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Transfer From the General
Fund
1,347,578 This action transfers $1,347,578 from the
General Fund based on the reconciliation of Fire
Development Services revenues and
expenditures for FY 2022/23. In FY 2022/23, the
Fire Development Services were reflected in the
General Fund; this activity is now budgeted in a
separate Fire Development Services Fund (five
affirmative Council votes required to
appropriate additional revenue).
Unrestricted Ending Fund
Balance
1,347,578 This change to the Unrestricted Ending Fund
Balance offsets the recommended action above
(majority affirmative Council votes required).
1,347,578 1,347,578
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation
(407,339) This action decreases the Unrestricted Beginning Fund Balance by $407,339 (from $0 to -$407,339)
as a result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Assistance to Firefighter Grant
FY21/22 Grant
124,539 136,992 This action carries over grant revenue not yet received and unspent funds for the Assistance to
Firefighter FY21/22 grant. This is a result of the FY
2022/23 year-end actuals reconciliation (five
affirmative Council votes required to
appropriate additional revenue and for the use
of unused balances).
California Environmental
Protection Agency
Environmental Enforcement
Training
26,096 This action carries over unspent funds for the
California Environmental Protection Agency
Environmental Enforcement Training. This is a
result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Emergency Management
Performance Grant 2021
1,067 This action carries over grant revenue not yet
received for the Emergency Management
Performance 2021 grant. This is a result of the FY
2022/23 year-end actuals reconciliation (five
affirmative Council votes required to
appropriate additional revenue).
Fire Operating Grant Trust Fund (178)
Fire Development Services Fund (158)
23 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Emergency Management
Performance Grant 2022
2,000 2,000 This action carries over grant revenue not yet received and unspent funds for the Emergency
Management Performance grant. This is a result
of the FY 2022/23 year-end actuals reconciliation
(five affirmative Council votes required to
appropriate additional revenue).
Emergency Preparedness
Grant
1,066 This action carries over unspent funds for the
Emergency Preparedness Grant. This is a result
of the FY 2022/23 year-end actuals reconciliation
(five affirmative Council votes required for the
use of unused balances).
State Homeland Security
Grant Program FY20/21
249,982 This action carries over grant revenue not yet
received for the State Homeland Security Grant
Program FY20/21. This is a result of the FY
2022/23 year-end actuals reconciliation (five
affirmative Council votes required to
appropriate additional revenue).
State Homeland Security
Grant Program FY21/22
252,900 56,768 This action carries over grant revenue not yet received and unspent funds for the State
Homeland Security Grant Program FY21/22. This
is a result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required to appropriate additional revenue and
for the use of unused balances).
Transfer to the General Fund 227 This action establishes a transfer to the General Fund to return unused funding for expenses
related to the Assistance to Firefighters Grant City
Match FY19/20 ($25) and the Assistance to the
Firefighters Grant Supplemental City Match
($202). This is a result of the FY 2022/23 year-end
actuals reconciliations (five affirmative Council
votes required for the use of unused
balances).
223,149 223,149
Fire Operating Grant Trust Fund (178) (Cont'd.)
24 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
(109,436) (109,436) This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
(109,436) (109,436)
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(1,986,524) This action decreases the Unrestricted Beginning Fund Balance from $1,833,894 to ($152,630) as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Beginning Fund Balance
Reconciliation - Restricted
Program Income
353,444 This action increases the Beginning Fund Balance - Restricted Program Income from $0 to $353,444
as a result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Other Agencies Revenue 2,606,106 This action carries over grant revenue from HUD that was unspent in FY 2022/23 and recognizes
that revenue in FY 2023/24. Of the $2,606,106
carryover amount, $1,999,814 is CDBG funding
not yet drawn down, with the remaining $606,292
as HOME funding not yet drawn down (five
affirmative Council votes required to
appropriate additional revenue).
NCIP - CDBG 76,055 This action carries over unspent appropriations in the NCIP - CDBG project from FY 2022/23 and
increases the FY 2023/24 project budget from
$412,810 to $488,865 (five affirmative Council
votes required for the use of unused
balances).
Gas Tax Fund (121)
Housing and Urban Development Fund (562)
25 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Rehab - Affordable Rental
Housing
916,394 This action carries over unspent appropriations in the Rehab - Affordable Rental Housing project
from FY 2022/23 and increases the FY 2023/24
project budget from $1,100,000 to $2,016,394
(five affirmative Council votes required for the
use of unused balances).
CHDO Project 69,865 This action carries over unspent appropriations in the CHDO project from FY 2022/23 and increases
the FY 2023/24 project budget from $0 to $69,865
(five affirmative Council votes required for the
use of unused balances).
Homeless Tenant Based
Rental Assistance
173,178 This action carries over unspent appropriations in the Homeless Tenant Based Rental Assistance
project from FY 2022/23 and increases the FY
2023/24 project budget from $827,242 to
$1,000,420 (five affirmative Council votes
required for the use of unused balances).
HOME American Rescue Plan
Program
41,746 This action carries over unspent appropriations in the HOME American Rescue Plan Program
project from FY 2022/23 and increases the FY
2023/24 project budget from $927,053 to
$968,799 (five affirmative Council votes
required for the use of unused balances).
Multi-Family Rental
Rehabilitation
642,000 This action carries over unspent appropriations in the Multi-Family Rental Rehabilitation project from
FY 2022/23 and increases the FY 2023/24 project
budget from $0 to $642,000 (five affirmative
Council votes required for the use of unused
balances).
Unrestricted Ending Fund
Balance
(946,212) This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
973,026 973,026
Housing and Urban Development Fund (562) (Cont'd.)
26 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance/
Ending Fund Balance
Reconciliation - Unrestricted
445,367 445,367 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
445,367 445,367
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance/
Ending Fund Balance
Reconciliation - Unrestricted
19,711 19,711 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
19,711 19,711
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation
179,758 This action increases the Unrestricted Beginning Fund Balance from $0 to $179,758 as a result of
the FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
City Library Foundation Trust 139,444 This action carries over unspent funds associated with the City Library Foundation Trust. This is a
result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Library Donations Trust Fund (072)
Housing Successor Agency Fund (169)
Housing Authority Fund (164)
27 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
In Memory J. Jaffer 1,440 This action carries over unspent funds from the In Memory J. Jaffer donation. This is a result of the
FY 2022/23 year-end actuals reconciliation (five
affirmative Council votes required for the use
of unused balances).
In Memory Of M. Dry 4,000 This action carries over unspent funds from the In Memory Of M. Dry donation. This is a result of the
FY 2022/23 year-end actuals reconciliation (five
affirmative Council votes required for the use
of unused balances).
Library Books 1,300 This action carries over unspent funds for Library Books. This is a result of the FY 2022/23 year-end
actuals reconciliation (five affirmative Council
votes required for the use of unused
balances).
Library Tote Bags 1,023 This action carries over unspent funds for Library Tote Bags. This is a result of the FY 2022/23 year-
end actuals reconciliation (five affirmative
Council votes required for the use of unused
balances).
Literacy Program 9,050 This action carries over unspent funds for the Literacy Program. This is a result of the FY
2022/23 year-end actuals reconciliation (five
affirmative Council votes required for the use
of unused balances).
SCSQ Irvine Contribution 22,755 This action carries over unspent funds from the SCSQ Irvine Contribution. This is a result of the
FY 2022/23 year-end actuals reconciliation (five
affirmative Council votes required for the use
of unused balances).
Summer Reading 746 This action carries over unspent funds from the Summer Reading donation. This is a result of the
FY 2022/23 year-end actuals reconciliation (five
affirmative Council votes required for the use
of unused balances).
179,758 179,758
Library Donations Trust Fund (072) (Cont'd.)
28 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation
83,320 This action increases the Unrestricted Beginning Fund Balance from $0 to $83,320 as a result of
the FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
Adult Literacy Program 21-22 7 This action carries over unspent funds related to the Adult Literacy Program 21-22 grant. This is a
result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Adult Literacy Program 22-23 72,582 This action carries over unspent funds related to the Adult Literacy Program 22-23 grant. This is a
result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Pacific Library Partnership
(PLP) Innovation and
Technology 21-22
8 This action carries over unspent funds related to
the PLP Innovation and Technology 21-22 grant.
This is a result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Pacific Library Partnership
(PLP) Link+ Reimbursement
22-23
10,723 This action carries over unspent funds related to the PLP 22-23 reimbursement for the Link+
subscription. This is a result of the FY 2022/23
year-end actuals reconciliation (five affirmative
Council votes required for the use of unused
balances).
83,320 83,320
Library Operating Grant Trust Fund (112)
29 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation
28,781 This action increases the Unrestricted Beginning Fund Balance from $0 to $28,781 as a result of
the FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
Transfer to the General Fund 26,057 This action establishes a transfer to the General Fund to return unused funding for expenses
related to COVID-19 as a result of the FY 2022/23
year-end actuals reconciliations (five affirmative
Council votes required for the use of unused
balances).
City Manager's Office - Healthy
Cities Tobacco Free Grant
2,724 This action carries over unspent funds related to the Healthy Cities Tobacco Free grant. This is a
result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
28,781 28,781
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation
(21,691) This action decreases the Unrestricted Beginning Fund Balance from $123,091 to $101,400 as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Other Agencies Revenue 29,336 This action carries over reimbursement revenue not yet received for the Senior Nutrition Program.
This is a result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required to appropriate additional revenue).
Other Revenue 4,350 This action carries over donations not yet received for the Senior Nutrition Program as a result of the
FY 2022/23 year-end actuals reconciliation (five
affirmative Council votes required to
appropriate additional revenue).
Ending Fund Balance 11,995 This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
11,995 11,995
Other City Departments Operating Grant Trust Fund (101) Parks and Recreation Operating Grant Trust Fund (111)
30 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation
1,605,832 This action increases the Unrestricted Beginning Fund Balance from $0 to $1,605,832 as a result of
the FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
Abandoned Vehicle Abatement 249,915 This action carries over unspent funds for the Abandoned Vehicle Abatement program. This is a
result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Board of State and Community
Correction 2017
38,544 This action carries over unspent funds for the
Board of State and Community Correction 2017
grant. This is a result of the FY 2022/23 year-end
actuals reconciliation (five affirmative Council
votes required for the use of unused
balances).
Board of State and Community
Correction 2020
220,107 This action carries over unspent funds for the
Board of Sate and Community Correction 2020
grant. This is a result of the FY 2022/23 year-end
actuals reconciliation (five affirmative Council
votes required for the use of unused
balances).
Board of State and Community
Correction 2023
98,292 This action carries over unspent funds for the
Board of Sate and Community Correction 2023
grant. This is a result of the FY 2022/23 year-end
actuals reconciliation (five affirmative Council
votes required for the use of unused
balances).
Citizens' Option for Public
Safety 2019/20
140,563 This action carries over unspent funds for the
Citizens' Option for Public Safety 2019/20 grant.
This is a result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Citizens' Option for Public
Safety 2020/21
200,327 This action carries over unspent funds for the
Citizens' Option for Public Safety 2020/21 grant.
This is a result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Police Operating Grant Trust Fund (177)
31 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Citizens' Option for Public
Safety 2021/22
265,384 This action carries over unspent funds for the
Citizens' Option for Public Safety 2021/22 grant.
This is a result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Citizens' Option for Public
Safety 2022/23
14,991 This action carries over unspent funds for the
Citizens' Option for Public Safety 2022/23 grant.
This is a result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Seized Asset Funds 160,309 This action carries over unspent funds from the Seized Asset Funds allocation. This is a result of
the FY 2022/23 year-end actuals reconciliation
(five affirmative Council votes required for the
use of unused balances).
West Valley College Training
Program
217,400 This action carries over unspent funds for the
West Valley College Training grant. This is a result
of the FY 2022/23 year-end actuals reconciliation
(five affirmative Council votes required for the
use of unused balances).
1,605,832 1,605,832
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation
448,141 This action increases the Unrestricted Beginning Fund Balance from $0 to $448,141 as a result of
FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
Contractual Services for
Development Review
448,141 This action carries over contractual services funding for Environment Impact Reviews and
other pre-development studies that are required
for development and paid by developers (five
affirmative Council votes required for the use
of unused balances).
448,141 448,141
Prefunded Plan Review Fund (157)
Police Operating Grant Trust Fund (177) (Cont'd.)
32 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation
575,492 This action increases the Unrestricted Beginning Fund Balance from $0 to $575,492 as a result of
FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
City Manager's Office 50,008 This action carries over unspent donations designated to the City Manager's Office for the
following: Bank of Santa Clara Car Seat Program
($500), Art in Public Places ($226), Championship
Teams ($1,344), Help Your Neighbor ($9,876),
Mission City Community ($67), Santa Clara Art in
Public Spaces ($37,720), and Undesignated
Donations ($275). This is a result of the FY
2022/23 year-end actuals reconciliation (five
affirmative Council votes required for the use
of unused balances).
Community Development
Department
5,641 This action carries over unspent donations designated to the Community Development
Department including the Berryessa Adobe
Donations ($1,150) and Historical Preservation
($4,491). This is a result of the FY 2022/23 year-
end actuals reconciliation (five affirmative
Council votes required for the use of unused
balances).
Fire Department 3,345 This action carries over unspent donations designated to the Fire Department including Fire
Safety ($1,961) and Public Education ($1,384).
This is a result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Parks and Recreation
Department
354,537 This action carries over unspent donations designated to the Parks and Recreation
Department for the following: Arts, Crafts and
Wine Festival ($163,216), Case Management
Grant ($60,807), Robert Jones Jr. Theatre
($3,929), Youth Commission ($3,819), and the
Wade Brummal Scholarship Fund ($122,766).
This is a result of the FY 2022/23 year-end actuals
reconciliation (five affirmative Council votes
required for the use of unused balances).
Public Donations Fund (067)
33 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Police Department 161,961 This action carries over unspent donations designated to the Police Department for the
following: Bicycle Safety Program ($1,377),
COVID Donations ($4,544), Team 200 ($150,000),
Training Simunition Program ($2,500), and the
Police Voucher Program ($3,540). This is a result
of the FY 2022/23 year-end actuals reconciliation
(five affirmative Council votes required for the
use of unused balances).
575,492 575,492
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation
(270,902) This action decreases the Unrestricted Beginning Fund Balance from $2,680,675 to $2,409,773 as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Capital Outlay 637,613 This action carries over unspent funds for various equipment replacements and upgrades at both the
City Council chambers and library sites. This
project has been delayed due to supply chain
issues with ordered equipment (five affirmative
Council votes required for the use of unused
balances).
Ending Fund Balance (908,515) This change to the Ending Fund Balance offsets the recommended action above (majority
affirmative Council votes required).
(270,902) (270,902)
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
629,422 629,422 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
629,422 629,422
Public, Educational and Governmental Fee Fund (221)
Road Maintenance and Rehabilitation (SB1) Fund (122)
Public Donations Fund (067) (Cont'd.)
34 Attachment 2
FY 2023/24 Budget Amendments
Special Revenue Funds and Other Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
422,220 422,220 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
422,220 422,220
Traffic Mitigation Fund (123)
35 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
381,692 This action increases the Unrestricted Beginning Fund Balance from $874,656 to $1,256,348 as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Transfer From the General
Fund
3,500,000 This action establishes a transfer from the General Fund to supplement funding for the replacement of
all public safety radios that have reached the end
of their useful life (five affirmative Council votes
required to appropriate additional revenue).
Capital Outlay - Radio
Replacement
4,262,000 This action increases the Capital Outlay
appropriation to account for radio replacement
costs, including installation and programming
costs for the Police and Fire Departments (five
affirmative Council votes required to
appropriate additional revenue and for the use
of unused balances).
Equipment Reserve 126,769 126,769 This action increases the Beginning Fund Balance - Equipment Reserve and Ending Fund Balance -
Equipment Reserve from $904,117 to $1,030,886
as a result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Ending Fund Balance -
Unrestricted
(380,308) This change to the Ending Fund Balance offsets the recommended action above (majority
affirmative Council votes required).
4,008,461 4,008,461
FY 2023/24 Budget Amendments
Internal Service Funds
Communication Acquisitions Fund (048)
36 Attachment 2
FY 2023/24 Budget Amendments
Internal Service Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
340,687 340,687 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
340,687 340,687
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
44,133 44,133 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
44,133 44,133
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
406,304 This action increases the Unrestricted Beginning Fund Balance from $0 to $406,304 as a result of
FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
Transfer to the General Fund 293,038 This action establishes a transfer to the General Fund to return FY 2022/23 savings in the PW
Capital Projects Management costs that were
originally funded by the General Fund (five
affirmative Council votes required for the use
of unused balances).
Transfer to the Sewer Utility
Capital Fund
113,266 This action establishes a transfer to the Sewer Utility Capital Fund to return FY 2022/23 savings
in the PW Capital Projects Management costs that
were originally funded by the Sewer Utility Capital
Fund (five affirmative Council votes required
for the use of unused balances).
406,304 406,304
Public Works Capital Projects Management Fund (044)
Information Technology Services Fund (045)
Fleet Operations Fund (053)
37 Attachment 2
FY 2023/24 Budget Amendments
Internal Service Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
2,171,217 2,171,217 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
2,171,217 2,171,217
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
17,518 17,518 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
17,518 17,518
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(1,429,904) This action decreases the Unrestricted Beginning Fund Balance from $4,965,496 to $3,535,592 as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Beginning / Ending Fund
Balance - Equipment
Replacement Reserve
1,467,441 1,467,441 This action increases the Equipment Replacement Reserve Beginning Fund Balance (from
$3,611,023 to $5,078,464) and the Ending Fund
Balance (from $3,611,023 to $5,078,464) as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Special Liability Insurance Fund (082)
Unemployment Insurance Fund (087)
Vehicle Replacement Fund (050)
38 Attachment 2
FY 2023/24 Budget Amendments
Internal Service Funds
Item
Source of
Funds
Use of
Funds Explanation
Transfer from the General
Fund (Fire Ambulance)
81,900 - This action establishes a transfer from the General Fund to replenish funds for the purchase of a used
ambulance for the Fire Department in FY 2022/23.
Funds are offset by ambulance transport
payments received from public healthcare
providers and patients for Fire Department
ambulance transports to hospitals that were
collected in FY 2022/23 (five affirmative Council
votes required for the use of unused
balances).
Capital Outlay - Expenditure
Carryforward
168,731 This action increases the Capital Outlay amount to carryforward funding for the purchase of vehicles
that were previously funded but not purchased.
Funding is included for trailers and mowers for the
Parks Department (five affirmative Council
votes required for the use of unused
balances).
Ending Fund Balance -
Unrestricted
(1,516,735) This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
119,437 119,437
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
(48,574) (48,574) This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
(48,574) (48,574)
Workers' Compensation Fund (081)
Vehicle Replacement Fund (050) (Cont'd.)
39 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Reserve for
Debt Service
269,084 269,084 This action changes the Reserve for Debt Service - Beginning Fund Balance and Ending Fund
Balance as a result of FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
269,084 269,084
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
22,883 22,883 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
22,883 22,883
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Debt Reserve
(35,296) This action decreases the Beginning Fund
Balance - Debt Reserve from $6,005,257 to
$5,969,961 as a result of the FY 2022/23 year-end
actuals reconciliation (majority affirmative
Council votes required).
Transfer to the Sewer Utility
Fund
750,000 This action establishes a transfer to the Sewer Utility Fund. The Sewer Utility Debt Service Fund
does not have a minimum requirement for fund
balance, therefore, it is recommended to
reallocate this excess fund balance to the
operating fund (five affirmative Council votes
required for the use of unused balances).
Ending Fund Balance - Debt
Reserve
(785,296) This change to the Ending Fund Balance - Debt Reserve offsets the recommended actions above
(majority affirmative Council votes required).
(35,296) (35,296)
Sewer Utility Debt Service Fund (494)
FY 2023/24 Budget Amendments
Debt Service Funds
Public Facilities Financing Corporation Fund (431)
Electric Utility Debt Service Fund (491)
40 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(3,146) This action decreases the Unrestricted Beginning Fund Balance from $1,392 to ($1,754) as a result
of the FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
Transfer From the General
Fund
6,500 This action increases the transfer from the
General Fund to cover annual audit costs and
higher stipends costs, reflecting more City Council
meetings (five affirmative Council votes
required to appropriate additional revenue).
Board Member Stipends 1,500 This action increases the Board Member Stipends budget to account for a higher number of City
Council meetings (five affirmative Council votes
required to appropriate additional revenue).
Materials/Services/Supplies 1,500 This action increases the Materials/Services/ Supplies budget to account for the annual audit
fee (five affirmative Council votes required to
appropriate additional revenue).
Ending Fund Balance -
Unrestricted
354 This change to the Ending Fund Balance offsets
the recommended actions above (majority
affirmative Council votes required).
3,354 3,354
FY 2023/24 Budget Amendments
Other Agency Fund
Sports and Open Space Authority Fund (801)
41 Attachment 2
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
87,249 This action increases the Unrestricted Beginning Fund Balance from $221,500 to $308,749 as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Sarah E. Fox Mausoleum
Repairs - Expenditure
Carryover Adjustment
7,309 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $7,309
(from $221,500 to $228,809). The revised FY
2023/24 project budget is $228,809 (five
affirmative Council votes required for the use
of unused balances).
Unrestricted Ending Fund
Balance
79,940 This change to the Ending Fund Balance offsets
the recommended action above (majority
affirmative Council votes required).
87,249 87,249
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
727,408 727,408 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
727,408 727,408
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(4,727) This action decreases the Unrestricted Beginning Fund Balance from $2,146,482 to $2,141,755 as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Santa Clara Convention
Center Condition Assessment
Repair Project - Expenditure
Carryover Adjustment
(4,727) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $4,727
(from $2,146,482 to $2,141,755). The revised FY
2023/24 project budget is $2,141,755 (majority
affirmative Council votes required).
(4,727) (4,727)
Cemetery Capital Fund (593)
City Affordable Housing Capital Fund (565)
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Convention Center Capital Fund (865)
42 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
24,513,614 This action increases the Unrestricted Beginning Fund Balance from $112,463,958 to $136,977,572
as a result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Other Revenue (30,528,054) This action decreases the Other Revenue estimate by a net $30,528,054. Based on actual
FY 2022/23 revenues, this action increases the
revenue carryover by a net $66,946 (from
$40,599,727 to $4,666,673). The action also
decreases the Other Revenue budget by
$30,595,000 to use Load Development Fee
collected in prior years for the following projects:
Northwest Loop Capacity Upgrade ($2,600,000),
60KV Breaker Upgrades ($2,265,000),
Transmission Loop 1 ($3,500,000), Transmission
Loop 2 ($2,000,000), Duane-Scott 115kV
Reconductor ($1,620,000), South Loop
Reconductor ($18,610,000). The revised FY
2023/24 revenue budget is $48,052,153 (majority
affirmative Council votes required).
Fiber Development, Design,
and Expansion - Expenditure
Carryover Adjustment
(907,815) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by $-
907,815 (from $1,179,730 to $271,915). The
revised FY 2023/24 project budget is $2,534,652
(majority affirmative Council votes required).
New Business Estimate Work 564,530 This action increases the New Business Estimate Work project by a net $564,530. Based on actual
FY 2022/23 expenditures, this action decreases
the project carryover by $2,567,379 (from
$1,721,894 to $845,485). The project is also
increased by $3,131,909 to appropriate additional
revenue received in FY 2022/23. The revised FY
2023/24 project budget is $7,072,674 (five
affirmative Council votes required for the use
of unused balances).
Electric Utility Capital Fund (591)
43 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Transmission and Distribution
Capital Maintenance and
Betterments - Expenditure
Carryover Adjustment
(1,016,352) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$1,016,352 (from $6,362,631 to $5,346,279). The
revised FY 2023/24 project budget is $8,423,987
(majority affirmative Council votes required).
Electric Yard Buildings and
Grounds - Expenditure
Carryover Adjustment
81,223 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $81,223
(from $2,122,950 to $2,204,173). The revised FY
2023/24 project budget is $2,770,173 (five
affirmative Council votes required for the use
of unused balances).
Serra Substation Re-Build -
Expenditure Carryover
Adjustment
26,554 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $26,554
(from $220,000 to $246,554). The revised FY
2023/24 project budget is $246,554 (five
affirmative Council votes required for the use
of unused balances).
Implementation of Advanced
Metering Infrastructure (AMI) -
Expenditure Carryover
Adjustment
(381) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $381
(from $284,183 to $283,802). The revised FY
2023/24 project budget is $283,802 (majority
affirmative Council votes required).
Generation Capital
Maintenance and Betterments -
Expenditure Carryover
Adjustment
(9,439) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $9,439
(from $900,000 to $890,561). The revised FY
2023/24 project budget is $2,990,561 (majority
affirmative Council votes required).
Transmission System
Reinforcements - Expenditure
Carryover Adjustment
(57,289) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $57,289
(from $395,000 to $337,711). The revised FY
2023/24 project budget is $337,711 (majority
affirmative Council votes required).
Major Engine Overhaul and
Repair - Expenditure
Carryover Adjustment
(2,962,129) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$2,962,129 (from $3,769,806 to $807,677). The
revised FY 2023/24 project budget is $1,012,677
(majority affirmative Council votes required).
Electric Utility Capital Fund (591) (Cont'd.)
44 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Operations and Planning
Technology - Expenditure
Carryover Adjustment
24,159 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $24,159
(from $1,383,542 to $1,407,701). The revised FY
2023/24 project budget is $1,632,701 (five
affirmative Council votes required for the use
of unused balances).
Clean Energy and Carbon
Reduction - Expenditure
Carryover Adjustment
4,958 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $4,958
(from $4,313,015 to $4,317,973). The revised FY
2023/24 project budget is $4,317,973 (five
affirmative Council votes required for the use
of unused balances).
System Capacity Expansion -
Expenditure Carryover
Adjustment
(427,339) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$427,339 (from $2,400,751 to $1,973,412). The
revised FY 2023/24 project budget is $2,920,948
(majority affirmative Council votes required).
Esperanca Substation -
Expenditure Carryover
Adjustment
(39,014) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $39,014
(from $14,431,382 to $14,392,368). The revised
FY 2023/24 project budget is $26,876,894
(majority affirmative Council votes required).
Storm Water Compliance -
Expenditure Carryover
Adjustment
(590,599) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$590,599 (from $715,090 to $124,491). The
revised FY 2023/24 project budget is $124,491
(majority affirmative Council votes required).
Homestead Substation Rebuild
- Expenditure Carryover
Adjustment
3,874 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $3,874
(from $1,446,330 to $1,450,204). The revised FY
2023/24 project budget is $1,450,204 (five
affirmative Council votes required for the use
of unused balances).
Electric Utility Capital Fund (591) (Cont'd.)
45 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Yard Pavement Project -
Expenditure Carryover
Adjustment
(3,710) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $3,710
(from $835,000 to $831,290). The revised FY
2023/24 project budget is $831,290 (majority
affirmative Council votes required).
Replace Balance of Plant
Control System (DCS) -
Expenditure Carryover
Adjustment
4,641,600 Based on actual FY 2022/23 expenditures, this action increases the project carryover by
$4,641,600 (from $936,312 to $5,577,912). The
revised FY 2023/24 project budget is $5,577,912
(five affirmative Council votes required for the
use of unused balances).
DOT Gas Pipeline Upgrades
and Repairs - Expenditure
Carryover Adjustment
44,866 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $44,866
(from $845,000 to $889,866). The revised FY
2023/24 project budget is $889,866 (five
affirmative Council votes required for the use
of unused balances).
Oaks Junction - Expenditure
Carryover Adjustment
(29) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $29
(from $2,121,025 to $2,120,996). The revised FY
2023/24 project budget is $2,120,996 (majority
affirmative Council votes required).
Electric Vehicle (EV) Charging -
Expenditure Carryover
Adjustment
(143,523) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$143,523 (from $1,932,515 to $1,788,992). The
revised FY 2023/24 project budget is $2,788,992
(majority affirmative Council votes required).
San Tomas Junction -
Expenditure Carryover
Adjustment
47,788 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $47,788
(from $2,971,762 to $3,019,550). The revised FY
2023/24 project budget is $3,019,550 (five
affirmative Council votes required for the use
of unused balances).
Electric Utility Capital Fund (591) (Cont'd.)
46 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Laurelwood Substation -
Expenditure Carryover
Adjustment
(82,138) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $82,138
(from $5,464,307 to $5,382,169). The revised FY
2023/24 project budget is $5,382,169 (majority
affirmative Council votes required).
Renewable Energy Microgrid -
Expenditure Carryover
Adjustment
4,833 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $4,833
(from $4,058,039 to $4,062,872). The revised FY
2023/24 project budget is $4,062,872 (five
affirmative Council votes required for the use
of unused balances).
Substation Control and
Communication System
Replacement - Expenditure
Carryover Adjustment
2,188 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $2,188
(from $40,000 to $42,188). The revised FY
2023/24 project budget is $137,584 (five
affirmative Council votes required for the use
of unused balances).
Stender Way Junction
Substation - Expenditure
Carryover Adjustment
(856,519) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$856,519 (from $7,403,172 to $6,546,653). The
revised FY 2023/24 project budget is $6,740,653
(majority affirmative Council votes required).
Memorex Junction Substation -
Expenditure Carryover
Adjustment
(641,276) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$641,276 (from $5,154,661 to $4,513,385). The
revised FY 2023/24 project budget is $8,289,385
(majority affirmative Council votes required).
Martin Avenue Junction
Substation - Expenditure
Carryover Adjustment
34,898 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $34,898
(from $770,653 to $805,551). The revised FY
2023/24 project budget is $6,643,551 (five
affirmative Council votes required for the use
of unused balances).
Electric Utility Capital Fund (591) (Cont'd.)
47 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Freedom Circle Junction
Substation - Expenditure
Carryover Adjustment
(155,541) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$155,541 (from $2,720,157 to $2,564,616). The
revised FY 2023/24 project budget is $3,927,866
(majority affirmative Council votes required).
KRS Rebuild and
Replacement - Expenditure
Carryover Adjustment
(12,480) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $12,480
(from $8,000,000 to $7,987,520). The revised FY
2023/24 project budget is $86,447,723 (majority
affirmative Council votes required).
NRS Transformer and Breaker
Upgrades - Expenditure
Carryover Adjustment
550,941 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $550,941
(from $5,660,000 to $6,210,941). The revised FY
2023/24 project budget is $88,099,335 (five
affirmative Council votes required for the use
of unused balances).
NRS-KRS 115kV Line -
Expenditure Carryover
Adjustment
284,018 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $284,018
(from $2,090,000 to $2,374,018). The revised FY
2023/24 project budget is $31,632,018 (five
affirmative Council votes required for the use
of unused balances).
SRS Rebuild and
Replacement - Expenditure
Carryover Adjustment
2,550 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $2,550
(from $11,050,000 to $11,052,550). The revised
FY 2023/24 project budget is $90,552,753 (five
affirmative Council votes required for the use
of unused balances).
Bowers Avenue Junction -
Expenditure Carryover
Adjustment
32,705 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $32,705
(from $2,781,825 to $2,814,530). The revised FY
2023/24 project budget is $2,814,530 (five
affirmative Council votes required for the use
of unused balances).
Electric Utility Capital Fund (591) (Cont'd.)
48 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Walsh-Uranium 60kV
Reconductor - Expenditure
Carryover Adjustment
339,825 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $339,825
(from $34,570 to $374,395). The revised FY
2023/24 project budget is $2,754,395 (five
affirmative Council votes required for the use
of unused balances).
Transmission Loop 1 -
Expenditure Carryover
Adjustment
634,244 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $634,244
(from $1,187,552 to $1,821,796). The revised FY
2023/24 project budget is $5,321,796 (five
affirmative Council votes required for the use
of unused balances).
Battery Energy Storage
System - Expenditure
Carryover Adjustment
604 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $604
(from $1,780,000 to $1,780,604). The revised FY
2023/24 project budget is $1,980,604 (five
affirmative Council votes required for the use
of unused balances).
Juliette Substation
Transformer Rerate and
Installation
(1,920) This action decreases the Juliette Substation
Transformer Rerate and Installation project by a
net $1,920. Based on actual FY 2022/23
expenditures, this action decreases the project
carryover by $2,020 (from $4,253,960 to
$4,251,940). The project is also increased by $100
to align with actual developer contributions
received for substation. The revised FY 2023/24
project budget is $4,252,040
(majority affirmative
Council votes required).
Democracy Substation -
Expenditure Carryover
Adjustment
(717,681) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$717,681 (from $786,500 to $68,819). The revised
FY 2023/24 project budget is $68,819 (majority
affirmative Council votes required).
Unrestricted Ending Fund
Balance
(4,715,624) This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
(6,014,440) (6,014,440)
Electric Utility Capital Fund (591) (Cont'd.)
49 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
3,025 This action increases the Unrestricted Beginning
Fund Balance from $479,843 to $482,868 as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
City-Wide AED Replacements -
Expenditure Carryover
Adjustment
914 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $914
(from $0 to $914). The revised FY 2023/24 project
budget is $914 (five affirmative Council votes
required for the use of unused balances).
Emergency Operations Center
Capital Refurbishment -
Expenditure Carryover
Adjustment
4,137 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $4,137
(from $3,221 to $7,358). The revised FY 2023/24
project budget is $7,358 (five affirmative
Council votes required for the use of unused
balances).
Fire Department Accela
Implementation - Expenditure
Carryover Adjustment
3,205 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $3,205
(from $41,053 to $44,258). The revised FY
2023/24 project budget is $44,258 (five
affirmative Council votes required for the use
of unused balances).
Protective Equipment
Replacement - Expenditure
Carryover Adjustment
(12,822) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $12,822
(from $137,794 to $124,972). The revised FY
2023/24 project budget is $482,346 (majority
affirmative Council votes required).
Training Tower Repair -
Expenditure Carryover
Adjustment
7,549 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $7,549
(from $0 to $7,549). The revised FY 2023/24
project budget is $7,549
(five affirmative Council
votes required for the use of unused
balances).
Transfer to the General Fund -
Capital Projects Reserve
42 This action establishes a transfer to the General
Fund Capital Projects Reserve to return capital
project savings from the Defibrillator/Monitor
Replacement project (five affirmative Council
votes required for the use of unused
balances).
3,025 3,025
Fire Department Capital Fund (536)
50 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(169,935) This action decreases the Unrestricted Beginning Fund Balance from $6,821,717 to $6,651,782 as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Transfer from the General
Fund - Capital Projects
Reserve / UPRR Agnew Siding
Project - City Utility
Protection/Relocation
1,594,927 1,594,927 This action increases the transfer in from the General Fund - Capital Projects Reserve and the
UPRR Agnew Siding Project - City Utility
Protection/Relocation to allocate funding for the
construction portion of the project (five
affirmative Council votes required to
appropriate additional revenue).
CAD/RMS System
Replacement Project -
Expenditure Carryover
Adjustment
95,201 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $95,201
(from $112,049 to $207,250). The revised FY
2023/24 project budget is $207,250 (five
affirmative Council votes required for the use
of unused balances).
Computer Replacement
Program Project - Expenditure
Carryover Adjustment
(5,189) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $5,189
(from $246,712 to $241,523). The revised FY
2023/24 project budget is $241,523 (majority
affirmative Council votes required).
Consolidate and Upgrade
Servers Project - Expenditure
Carryover Adjustment
(130,765) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$130,765 (from $273,662 to $142,897). The
revised FY 2023/24 project budget is $142,897
(majority affirmative Council votes required).
Downtown Master Plan -
Expenditure Carryover
Adjustment
4,000 Based on actual FY 2022/23 expenditures, this action increases the project carryover by $4,000
(from $9,501 to $13,501). The revised FY 2023/24
project budget is $13,501 (five affirmative
Council votes required for the use of unused
balances).
El Camino Specific Plan -
Expenditure Carryover
Adjustment
(28) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by $28
(from $992,000 to $991,972). The revised FY
2023/24 project budget is $991,972 (majority
affirmative Council votes required).
General Government Capital Fund (539)
51 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
56,130 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $56,130
(from $1,000,974 to $1,057,104). The revised FY
2023/24 project budget is $1,132,104 (five
affirmative Council votes required for the use
of unused balances).
10,478 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $10,478
(from $104,670 to $115,148). The revised FY
2023/24 project budget is $115,148 (five
affirmative Council votes required for the use
of unused balances).
(14,227) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $14,227
(from $251,721 to $237,494). The revised FY
2023/24 project budget is $537,494 (majority
affirmative Council votes required).
14,258 Based on actual FY 2022/23 expenditures and
revenues, this action increases the project
carryover by $14,258 (from $55,991 to $70,249).
The revised FY 2023/24 project budget is
$120,249 (five affirmative Council votes
required for the use of unused balances).
2,287 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $2,287
(from $264,160 to $266,447). The revised FY
2023/24 project budget is $266,447 (five
affirmative Council votes required for the
use of unused balances).
(60,301) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $60,301
(from $138,790 to $78,489). The revised FY
2023/24 project budget is $78,489 (majority
affirmative Council votes required).
FHRMS Update Project -
Expenditure Carryover
Adjustment
Fire Station Video
Conferencing - Expenditure
Carryover Adjustment
GIS Enterprise System
(Geospatial Information
System) Project - Expenditure
Carryover Adjustment
Morse Mansion Rehabilitation
Project - Expenditure
Carryover Adjustment
Office Reconfiguration Project -
Expenditure Carryover
Adjustment
Permit Information System
Project - Expenditure
Carryover Adjustment
Precise Plan for Downtown
Project - Expenditure
Carryover Adjustment
(118,538) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$118,538 (from $289,219 to $170,681). The
revised FY 2023/24 project budget is $170,681
(majority affirmative Council votes required).
General Government Capital Fund (539) (Cont'd.)
52 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Utility Management
Information System
Enhancements Project -
Expenditure Carryover
Adjustment
(23,241) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by $23,241
(from $1,593,879 to $1,570,638). The revised FY
2023/24 project budget is $2,070,638 (majority
affirmative Council votes required).
1,424,992 1,424,992
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(1) This action decreases the Unrestricted Beginning
Fund Balance from $251,448 to $251,447 as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Public Spaces - Expenditure
Carryover Adjustment
(1) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $1 (from
$28,627 to $26,626). The revised FY 2023/24
project budget is $28,626 (majority affirmative
Council votes required).
(1) (1)
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
7,049,586 This action increases the Unrestricted Beginning Fund Balance from $37,773,479 to $44,823,065
as a result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Other Agencies Revenue (91,000) This action decreases the Other Agencies Revenue estimate from $2,912,642 to $2,821,642
as a result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Parks and Recreation Capital Fund (532)
Library Department Capital Fund (537)
General Government Capital Fund (539) (Cont'd.)
53 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Transfer From the General
Fund - Capital Project Reserve
/ Central Park Master Plan -
Aquatic Center Planning &
Design
559,000 559,000 This action increases the Transfer from the General Fund - Capital Project Reserve and
appropriates the funding to the Central Park
Master Plan - Aquatic Center Planning & Design
project. The transfer allocates funding from the
International Swim Center (ISC) settlement that
was set aside in the General Fund - Capital
Project Reserve (five affirmative Council votes
required to appropriate additional revenue).
Central Park Magical Bridge
Playground - Expenditure
Carryover Adjustment
(31,535) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $31,535
(from $100,947 to $69,412). The revised FY
2023/24 project budget is $69,412 (majority
affirmative Council votes required).
Central Park Master Plan -
New Entrance, Access, and
Parking Improvements -
Expenditure Carryover
Adjustment
(608) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $608
(from $2,114,448 to $2,113,840). The revised FY
2023/24 project budget is $2,113,840 (majority
affirmative Council votes required).
Electronic Access for Meeting
Rooms - Expenditure
Carryover Adjustment
(4,378) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $4,378
(from $530,441 to $526,063). The revised FY
2023/24 project budget is $526,063 (majority
affirmative Council votes required).
FF&E Developer Delivered
Parkland - Expenditure
Carryover Adjustment
(26,536) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $26,536
(from $103,561 to $77,025). The revised FY
2023/24 project budget is $77,025 (majority
affirmative Council votes required).
Mission Library Gazebo -
Expenditure Carryover
Adjustment
(5,637) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $5,637
(from $5,637 to $0). The project is complete and
the remaining funds will be returned to the General
Fund - Capital Projects Reserve. The revised FY
2023/24 project budget is $0 (majority affirmative
Council votes required).
Parks and Recreation Capital Fund (532) (Cont'd.)
54 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Montague Park Enhancement -
Expenditure Carryover
Adjustment
(839,483) This action decreases the project carryover by $839,483 (from $1,374,426 to $534,943). The
revised FY 2023/24 project budget is $534,943
(majority affirmative Council votes required).
Park Impact Fees (Quimby,
MFA, Developer) Monitoring
Project - Expenditure
Carryover Adjustment
(42,733) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $42,733
(from $1,011,064 to $968,331). The revised FY
2023/24 project budget is $1,246,331 (majority
affirmative Council votes required).
Park Improvements -
Expenditure Carryover
Adjustment
(1) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $1 (from
$20,918 to $20,917). The revised FY 2023/24
project budget is $20,917 (majority affirmative
Council votes required).
Parks Service Center Roof -
Expenditure Carryover
Adjustment
(312) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $312
(from $800,000 to $799,688). The revised FY
2023/24 project budget is $799,688 (majority
affirmative Council votes required).
Patrick Henry Drive Specific
Plan Community Art Center -
Expenditure Carryover
Adjustment
(454,353) This action decreases the project carryover by $454,353 (from $529,353 to $75,000) as the
project will not be moving forward. The revised FY
2023/24 project budget is $75,000 (majority
affirmative Council votes required).
Restroom at Fairway Glen
Park - Expenditure Carryover
Adjustment
(2,454) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $2,454
(from $7,063 to $4,609). The revised FY 2023/24
project budget is $4,609 (majority affirmative
Council votes required).
Senior Center Gym Equipment
Replacement - Expenditure
Carryover Adjustment
2,642 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $2,642
(from $0 to $2,642). The revised FY 2023/24
project budget is $2,642
(five affirmative Council
votes required for the use of unused
balances).
Parks and Recreation Capital Fund (532) (Cont'd.)
55 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Warburton Park Playground
Rehabilitation - Expenditure
Carryover Adjustment
(74,601) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $74,601
(from $1,331,800 to $1,257,199). The revised FY
2023/24 project budget is $1,257,199 (majority
affirmative Council votes required).
Westwood Oaks Park
Playground Rehabilitation -
Expenditure Carryover
Adjustment
(2,520) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $2,520
(from $1,833,384 to $1,830,864). The revised FY
2023/24 project budget is $1,830,864 (majority
affirmative Council votes required).
Transfer to the General Fund -
Capital Projects Reserve
10,066 This action establishes a transfer to the General Fund - Capital Projects Reserve to return capital
project savings for the Mission Library Gazebo
project that was originally funded by the General
Fund - Capital Projects Reserve (five affirmative
Council votes required for the use of unused
balances).
Unrestricted Ending Fund
Balance
8,431,029 This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
7,517,586 7,517,586
Parks and Recreation Capital Fund (532) (Cont'd.)
56 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(2,988,185) This action decreases the Unrestricted Beginning Fund Balance from $4,648,343 to $1,660,158 as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Transfer from the General
Fund / Public and Workspace
Improvement Planning
750,000 750,000 This action increases the transfer from the General Fund and establishes a Public and
Workspace Improvement Planning project. The
project provides funding to improve City Hall
workspaces, including meeting rooms and
cafeteria spaces (five affirmative Council votes
required to appropriate additional revenue).
Hazardous Material
Management for Soil and
Groundwater on City
Properties - Expenditure
Carryover Adjustment
(1,721) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $1,721
(from $161,615 to $159,894). The revised FY
2023/24 project budget is $159,894 (majority
affirmative Council votes required).
Public Building Parking Lot
Improvements - Expenditure
Carryover Adjustment
(2,526) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $2,526
(from $357,821 to $355,295). The revised FY
2023/24 project budget is $355,295 (majority
affirmative Council votes required).
Repair to Historic Buildings -
Expenditure Carryover
Adjustment
147,457 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $147,457
(from $2,906 to $150,363). The revised FY
2023/24 project budget is $250,363 (five
affirmative Council votes required for the use
of unused balances).
Repairs-Modifications to City
Buildings - Expenditure
Carryover Adjustment
(6,187) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $6,187
(from $351,814 to $345,627). The revised FY
2023/24 project budget is $520,627 (majority
affirmative Council votes required).
Stationary Standby Generators
- Expenditure Carryover
Adjustment
(3,243,526) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$3,243,526 (from $3,452,985 to $209,459). The
revised FY 2023/24 project budget is $1,320,459
(majority affirmative Council votes required).
Public Buildings Capital Fund (538)
57 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Triton Museum Repair and
Modifications - Expenditure
Carryover Adjustment
5,866 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $5,866
(from $21,546 to $27,412). The revised FY
2023/24 project budget is $62,412 (five
affirmative Council votes required for the use
of unused balances).
Transfer to the General Fund -
Capital Projects Reserve
112,452 This action establishes a transfer to the General Fund - Capital Projects Reserve to return capital
project savings for the City Hall Security & Key
System Upgrade, COVID-19 Safety Renovations,
and HVAC Chiller Unit projects that were originally
funded by the General Fund - Capital Projects
Reserve (five affirmative Council votes
required for the use of unused balances).
(2,238,185) (2,238,185)
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
14,549 14,549 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
14,549 14,549
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(1,707,738) This action decreases the Unrestricted Beginning Fund Balance from $0 to ($1,707,737) as a result
of FY 2022/23 year-end actuals reconciliation
(majority affirmative Council votes required).
Recycled Water Capital Fund (597)
Related Santa Clara Developer Fund (540)
Public Buildings Capital Fund (538) (Cont'd.)
58 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Related General Admin
Project -
Revenue Carryover
Adjustment
17,192 Based on actual FY 2022/23 revenues associated
with this project, this action increases the revenue
carryover by $17,192 (from $0 to $17,192). This
reflects developer contributions to be received in
FY 2023/24 for activity through the end of FY
2022/23
(five affirmative Council votes required
to appropriate additional revenue).
Related Permit Work Project -
Revenue Carryover
Adjustment
281,023 Based on actual FY 2022/23 revenues associated
with this project, this action increases the revenue
carryover by $281,023 (from $0 to $281,023). This
reflects developer contributions to be received in
FY 2023/24 for activity through the end of FY
2022/23
(five affirmative Council votes required
to appropriate additional revenue).
Related Other Development
Services -
Revenue Carryover
Adjustment
1,409,523 Based on actual FY 2022/23 revenues associated with this project, this action increases the revenue
carryover by $1,409,523 (from $0 to $1,409,523).
This reflects developer contributions to be
received in FY 2023/24 for activity through the end
of FY 2022/23 (five affirmative Council votes
required to appropriate additional revenue).
- -
Related Santa Clara Developer Fund (540) (Cont'd.)
59 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
11,715,478 This action increases the Unrestricted Beginning Fund Balance from $2,561,404 to $14,276,882 as
a result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Beginning Fund Balance
Reconciliation - Restricted
Sewer Conveyance Fee
9,422,636 This action increases the Restricted Sewer
Conveyance Fee Beginning Fund Balance from
$44,675,636 to $54,098,272 as a result of the FY
2022/23 year-end actuals reconciliation (majority
affirmative Council votes required).
Transfer from the Public
Works Capital Projects
Management Fund
113,266 This action establishes a transfer from the Public Works Capital Projects Management Fund to
reflect the return of FY 2022/23 savings in costs
that were originally funded by the Sewer Utility
Capital Fund (five affirmative Council votes
required to appropriate additional revenue).
Sanitary Sewer Capacity
Improvements Project -
Expenditure Carryover
Adjustment
(80,755) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $80,755
(from $22,547,077 to $22,466,322). The revised
FY 2023/24 project budget is $22,681,237
(majority affirmative Council votes required).
Sanitary Sewer System
Condition Assessments
Project - Expenditure
Carryover Adjustment
1,400,000 Based on actual FY 2022/23 expenditures, this action increases the project carryover by
$1,400,000 (from $0 to $1,400,000). The revised
FY 2023/24 project budget is $1,900,000 (five
affirmative Council votes required for the use
of unused balances).
Fund Balance Reconciliation -
Restricted Sewer Conveyance
Fee
9,524,873 This action increases the Ending Fund Balance - Restricted Sewer Conveyance Fee allocation to
reflect the restricted portion of the ending fund
balance remaining after the programmed FY
2022/23 expenses (majority affirmative Council
votes required).
Unrestricted Ending Fund
Balance
10,407,262 This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
21,251,380 21,251,380
Sewer Utility Capital Fund (594)
60 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(418,269) This action decreases the Unrestricted Beginning Fund Balance from $103,918 to -$314,351 as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Developer Contributions -
Revenue Carryforward
430,000 This action increases the revenue estimate for
Developer Contributions to carryforward funds for
reimbursements from Related for expenditures.
Per the Disposition and Development Agreement
[DDA] and the Development Agreement [DA],
Related is to reimburse the City for all operating
and maintenance costs above the baseline costs,
adjusted annually by the CPI (five affirmative
Council votes required to appropriate
additional revenue).
Transfer from the Solid Waste
Fund
315,000 This action increases the transfer from the Solid Waste Fund to cover Sanitary Landfill
Development - Post Closure project costs (five
affirmative Council votes required to
appropriate additional revenue).
Sanitary Landfill Development -
Post Closure Project -
Expenditure Carryover
Adjustment
15,085 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $15,085
(from $0 to $15,085). The revised FY 2023/24
project budget is $780,085 (five affirmative
Council votes required for the use of unused
balances).
Ending Fund Balance -
Unrestricted
311,646 This change to the Ending Fund Balance offsets
the recommended actions above (majority
affirmative Council votes required).
326,731 326,731
Solid Waste Capital Fund (596)
61 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
759,824 This action increases the Unrestricted Beginning Fund Balance from $2,520,205 to $3,280,029 as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Transfer from the General
Fund
10,982 Based on actual Storm Drain Charges for Services revenue received ($1,443,018), this action
establishes a transfer to the Storm Drain Capital
Fund of $10,982 to return the excess initial
transfer from the Storm Drain Fund to the General
Fund ($1,454,000) (five affirmative Council
votes required to appropriate additional
revenue).
SDPS Motor and Control
Maintenance, Repair, and
Replacement Project -
Expenditure Carryover
Adjustment
262,176 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $262,176
(from $158,785 to $420,961). The revised FY
2023/24 project budget is $763,961 (five
affirmative Council votes required for the use
of unused balances).
Storm Drain Pump Station
Facility Maintenance & Repair -
Expenditure Carryover
Adjustment
71,826 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $71,826
(from $86,144 to $157,970). The revised FY
2023/24 project budget is $228,970 (five
affirmative Council votes required for the use
of unused balances).
Storm Drain Capital Fund (535)
62 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Storm Drain Pump Station
Outfall Reconstruction
Program - Expenditure
Carryover Adjustment
205,440 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $205,440
(from $287,703 to $493,143). The revised FY
2023/24 project budget is $493,143 (five
affirmative Council votes required for the use
of unused balances).
Storm Drain Repairs and
Maintenance - Expenditure
Carryover Adjustment
216,577 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $216,577
(from $100,000 to $316,577). The revised FY
2023/24 project budget is $316,577 (five
affirmative Council votes required for the use
of unused balances).
Storm Drain Slide Gate
Rehabilitation - Expenditure
Carryover Adjustment
(4,141) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $4,141
(from $496,968 to $492,827). The revised FY
2023/24 project budget is $492,827 (majority
affirmative Council votes required).
Urban Runoff Pollution
Prevention Program -
Expenditure Carryover
Adjustment
7,150 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $7,150
(from $215,000 to $222,150). The revised FY
2023/24 project budget is $522,150 (five
affirmative Council votes required for the use
of unused balances).
Transfer to the General Fund -
Capital Projects Reserve
920 This action establishes a transfer to the General
Fund - Capital Projects Reserve to return capital
project savings for the Westside Retention Basin
Pump Replacement Project that was originally
funded by the General Fund - Capital Projects
Reserve (five affirmative Council votes
required for the use of unused balances).
Unrestricted Ending Fund
Balance
10,858 This change to the Ending Fund Balance offsets
the recommended actions above (majority
affirmative Council votes required).
770,806 770,806
Storm Drain Capital Fund (535) (Cont'd.)
63 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
131,272 This action increases the Beginning Fund Balance from $3,740,092 to $3,871,364 as a result of FY
2022/23 year-end actuals reconciliation (majority
affirmative Council votes required).
Great America Street Light
Replacement Project -
Expenditure Carryover
Adjustment
92,693 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $92,693
(from $1,761,500 to $1,854,193). The revised FY
2023/24 project budget is $1,854,193 (five
affirmative Council votes required for the use
of unused balances).
LED Street Lighting Retrofit
Project - Expenditure
Carryover Adjustment
(611) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $611
(from $1,670,000 to $1,669,389). The revised FY
2023/24 project budget is $1,669,389 (majority
affirmative Council votes required).
Miscellaneous Street Lighting
Project - Expenditure
Carryover Adjustment
(3,052) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $3,052
(from $7,000 to $3,948). The revised FY 2023/24
project budget is $128,948 (majority affirmative
Council votes required).
Unrestricted Ending Fund
Balance
42,242 This change to the Ending Fund Balance offsets
the recommended actions above (majority
affirmative Council votes required).
131,272 131,272
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(2,365,190) This action decreases the Unrestricted Beginning Fund Balance from $32,486,716 to $30,121,526
as a result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Streets and Highways Capital Fund (533)
Street Lighting Capital Fund (534)
64 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Other Agencies Revenue -
Revenue Carryover
Adjustment
104,706 Based on actual FY 2022/23 revenues, this action increases the revenue carryover by $104,706
(from $15,238,284 to $15,342,990). The revised
FY 2023/24 revenue budget is $19,816,822 (five
affirmative Council votes required to
appropriate additional revenue).
State Revenues and Transfer
From Gas Tax Fund
- This action swaps funding sources between two
projects. The Santa Clara VTA - Congestion
Management Program project was originally
funded $271,400 by Vehicle Registration Fees
(VRF). Since VRF Funds are not eligible for use
for that project, the Santa Clara VTA - Congestion
Management Program project will be funded by a
transfer from the Gas Tax Fund. The Annual
Street Maintenance and Rehabilitation Program
will be funded by those VRF funds instead and will
reduce the Gas Tax funding source to offset. The
result is a net zero effect to the total State
Revenue and Transfer from Gas Tax Fund
(majority affirmative Council votes required).
Saratoga Creek Trail
(Homeridge Park to Central
Park) - Expenditure Carryover
Adjustment
(2,903) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $2,903
(from $2,510,453 to $2,507,550). The
carryforward excludes the original budget of
$3,735,000 since grant revenue is no longer
budgeted to be received. The revised FY 2023/24
project budget is $2,507,550
(majority affirmative
Council votes required).
Neighborhood Traffic Calming -
Expenditure Carryover
Adjustment
(311,018) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$311,018 (from $492,578 to $181,560). The
revised FY 2023/24 project budget is $181,560
(majority affirmative Council votes required).
LED Traffic Signal & Safety
Light Replacements -
Expenditure Carryover
Adjustment
(50,000) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $50,000
(from $1,202,810 to $1,152,810). The revised FY
2023/24 project budget is $1,452,810 (majority
affirmative Council votes required).
Streets and Highways Capital Fund (533) (Cont'd.)
65 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Traffic Signal Management
Software
Upgrade/Replacement -
Expenditure Carryover
Adjustment
(1,244,258) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$1,244,258 (from $1,520,685 to $276,427). The
revised FY 2023/24 project budget is $276,427
(majority affirmative Council votes required).
Traffic Pre-Emptors -
Expenditure Carryover
Adjustment
(238,945) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$238,945 (from $879,266 to $640,321). The
revised FY 2023/24 project budget is $640,321
(majority affirmative Council votes required).
Pedestrian and Bicycle
Enhancement Facilities
(13,414) This action decreases the Pedestrian and Bicycle Enhancement Facilities project by a total of
$13,414. Based on actual FY 2022/23
expenditures, this action decreases the project
carryover by $37,409 (from $1,335,480 to
$1,372,889). The project is also increased to
return funding from the completed Pruneridge
Avenue Complete Streets Plan project which was
partially funded by the Pedestrian and Bicycle
Enhancement Facilities project. Grant funds of
$13,889 and project savings of $10,106 are
returned to the Pedestrian and Bicycle
Enhancement Facilities project. The revised FY
2023/24 project budget is $1,507,066 (majority
affirmative Council votes required).
Traffic Signal Interconnect
Upgrade - Expenditure
Carryover Adjustment
(9,365) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $9,365
(from $886,874 to $877,509). The revised FY
2023/24 project budget is $977,509 (majority
affirmative Council votes required).
Streets and Highways Capital Fund (533) (Cont'd.)
66 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Annual Street Maintenance
and Rehabilitation Program
247,327 This action increases the Annual Street
Maintenance and Rehabilitation Program project
by a total of $247,327. Based on actual FY
2022/23 expenditures, this action decreases the
project carryover by $140,370 (from $12,219,194
to $12,078,824). The project is also increased by
$349,332 to true up VTA Measure B revenue with
the updated allocation for FY 2023/24 and by
$38,365 to appropriate additional Vehicle
Registration Fee revenue that was received in FY
2022/23. The revised FY 2023/24 project budget is
$20,115,353 (five affirmative Council votes
required for the use of unused balances).
MCB/GAP Intersection
Improvement Project -
Expenditure Carryover
Adjustment
(25,609) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $25,609
(from $2,301,734 to $2,276,125). The revised FY
2023/24 project budget is $2,276,125 (majority
affirmative Council votes required).
Adaptive Signal System -
Expenditure Carryover
Adjustment
(950,000) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$950,000 (from $1,850,000 to $900,000). The
revised FY 2023/24 project budget is $900,000
(majority affirmative Council votes required).
Scott Blvd Traffic Signal
Interconnect & Coordination -
Expenditure Carryover
Adjustment
700 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $700
(from $120,726 to $121,426). The revised FY
2023/24 project budget is $121,426 (five
affirmative Council votes required for the use
of unused balances).
Annual Curb Ramp Installation
- Expenditure Carryover
Adjustment
(199,510) Based on actual FY 2022/23 expenditures, this action decreases the project carryover by
$199,510 (from $301,430 to $101,920). The
revised FY 2023/24 project budget is $251,920
(majority affirmative Council votes required).
Streets and Highways Capital Fund (533) (Cont'd.)
67 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Scott Boulevard Signal Timing
Phase II - Expenditure
Carryover Adjustment
(16,575) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $16,575
(from $16,575 to $0). The revised FY 2023/24
project budget is $0 and funding will be returned to
fund balance (majority affirmative Council votes
required).
Public Right-of-Way ADA
Improvements (Settlement
Agreement) - Expenditure
Carryover Adjustment
(1,242) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $1,242
(from $390,256 to $389,014). The revised FY
2023/24 project budget is $389,014 (majority
affirmative Council votes required).
Santa Clara School Access
Improvements - Expenditure
Carryover Adjustment
(2,582) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $2,582
(from $13,043 to $10,461). The revised FY
2023/24 project budget is $10,461 (majority
affirmative Council votes required).
TDA 21 Bicycle Facilities
Upgrade - Expenditure
Carryover Adjustment
(94,054) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $94,054
(from $94,054 to $0). The revised FY 2023/24
project budget is $0 (majority affirmative
Council votes required).
Street Tree Services -
Expenditure Carryover
Adjustment
188,254 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $188,254
(from $0 to $188,254). The revised FY 2023/24
project budget is $651,304 (five affirmative
Council votes required for the use of unused
balances).
Lafayette Class IV Bike Lanes -
Expenditure Carryover
Adjustment
(2,135) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $2,135
(from $199,703 to $197,568). The revised FY
2023/24 project budget is $197,568 (majority
affirmative Council votes required).
Walsh Avenue Class IV
Bikeway Study - Expenditure
Carryover Adjustment
(7,696) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $7,696
(from $7,696 to $0). The revised FY 2023/24
project budget is $0 (majority affirmative
Council votes required).
Streets and Highways Capital Fund (533) (Cont'd.)
68 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Santa Clara Pedestrian and
Bicycle School Safety -
Expenditure Carryover
Adjustment
(5,000) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $5,000
(from $25,000 to $20,000). The revised FY
2023/24 project budget is $20,000 (majority
affirmative Council votes required).
Citywide Priority Curb Ramp -
Expenditure Carryover
Adjustment
208,728 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $208,728
(from $309,078 to $517,806). The revised FY
2023/24 project budget is $517,806 (five
affirmative Council votes required for the use
of unused balances).
Safe Routes to School -
Expenditure Carryover
Adjustment
(6,511) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $6,511
(from $7,595 to $1,084). The revised FY 2023/24
project budget is $166,084 (majority affirmative
Council votes required).
Sidewalk, Curb and Gutter
Repair - Expenditure
Carryover Adjustment
134,858 Based on actual FY 2022/23 expenditures, this
action increases the project carryover by $134,858
(from $150,000 to $284,858). The revised FY
2023/24 project budget is $984,858 (five
affirmative Council votes required for the use
of unused balances).
Santa Clara Citywide ITS
Project 2 - Expenditure
Carryover Adjustment
(1,063) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $1,063
(from $358,602 to $357,539). The revised FY
2023/24 project budget is $357,539 (majority
affirmative Council votes required).
Unrestricted Ending Fund
Balance
141,529 This change to the Ending Fund Balance offsets
the recommended actions above and includes the
return of excess funds for completed projects:
Pruneridge Ave.-Lawrence Expwy. Bicycle Lanes
Improvement and Scott Boulevard Signal Timing
Phase II (five affirmative Council votes
required for the use of unused balances).
(2,260,484) (2,260,484)
Streets and Highways Capital Fund (533) (Cont'd.)
69 Attachment 2
FY 2023/24 Budget Amendments
Capital Improvement Program Funds
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance
Reconciliation - Unrestricted
81,193 81,193 This action changes the Unrestricted Beginning Fund Balance and Ending Fund Balance as a
result of FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
81,193 81,193
Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance
Reconciliation - Unrestricted
(815,776) This action decreases the Unrestricted Beginning Fund Balance from $16,775,326 to $15,959,550
as a result of the FY 2022/23 year-end actuals
reconciliation (majority affirmative Council
votes required).
Asset Management Program -
Expenditure Carryover
Adjustment
(29,842) Based on actual FY 2022/23 expenditures, this
action decreases the project carryover by $29,842
(from $197,636 to $167,794). The revised FY
2023/24 project budget is $317,794 (majority
affirmative Council votes required).
Unrestricted Ending Fund
Balance
(785,934) This change to the Ending Fund Balance offsets the recommended actions above (majority
affirmative Council votes required).
(815,776) (815,776)
Water Utility Capital Fund (592)
Tasman East Infrastructure Improvement Fund (541)
70