Attachment 3
Department/Item
Source of
Funds
Use of
Funds Explanation
Capital Outlay 471,393 This action increases the Capital Outlay appropriation to provide additional funding for two
upcoming projects for the Convention Center
Maintenance District: Asphalt Maintenance and
Garage Coating and Design. The Asphalt
Maintenance project is anticipated to be bid for and
completed in FY 2025/26. The Garage Coating and
Design project has an outstanding RFP and is
expected to be completed over four phases, with an
estimated cost of over $2,000,000. This action is
funded by a carryover of the remaining fund
balance available at the end of FY 2023/24 (five
affirmative Council votes required for the use of
unused balances).
Unrestricted Ending Fund
Balance
(471,393) This action decreases the Unrestricted Fund
Balance to offset the action above (five affirmative
Council votes required for the use of unused
balances).
- -
Department/Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance /
Ending Fund Balance - Public
Benefits Program
1,942,300 1,942,300 This action restates the Public Benefits Program - Beginning Fund Balance and Ending Fund Balance.
Prior year expenditures of climate action credit were
inadvertently recorded against the Public Benefit
Program instead of to the Greenhouse Gas
Program as outlined during the FY 2023/24 rate
increase (majority affirmative Council votes
required).
Beginning Fund Balance /
Ending Fund Balance -
Greenhouse Gas Program
(1,942,300) (1,942,300) This action restates the Greenhouse Gas Program - Beginning Fund Balance and Ending Fund Balance.
Prior year expenditures of climate action credit were
inadvertently recorded against the Public Benefit
Program instead of to the Greenhouse Gas
Program as outlined during the FY 2023/24 rate
increase. The climate credit is qualified expense for
this program (majority affirmative Council votes
required).
- -
FY2024/25 Budget Amendments
Convention Center Maintenance District Fund (026)
Electric Operating Grant Trust Fund (191)
1 Attachment 3
FY2024/25 Budget Amendments
Department/Item
Source of
Funds
Use of
Funds Explanation
Other Revenue (Developer
Contributions) / Freedom
Circle Fuel Cell Installation
Project (New Project)
1,378,392 1,378,392 This action increases the Other Revenue estimate to recognize Developer Contributions and
establishes the Freedom Circle Fuel Cell Installation
project. A customer has requested to install 32.5
MW energy fuel cells at Freedom Circle Junction
(FCJ), located at 2315 Mission College Blvd. Silicon
Valley Power (SVP) will support this installation by
performing a Generation Interconnection study and
contract an Engineer of Record (EOR) who will be
responsible for studies, providing engineering,
procurement and construction services, and
coordinating with SVP and Customer (five
affirmative Council votes required to
appropriate additional revenue).
1,378,392 1,378,392
Department/Item
Source of
Funds
Use of
Funds Explanation
Pacific Library Partnership
California Library Services Act
Distribution of Funds for FY
2024-25
5,152 5,152 This action increases the Other Agencies Revenue estimate and appropriates the funding for the
Pacific Library Partnership FY 24-25. These funds
are intended to offset costs for the Library
Department's Link+ subscription, which is a regional
inter-library loan service that allows the Santa Clara
City Library to provide library users with borrowing
privileges to access books and other materials
through the Link+ library network throughout
California public and academic library networks.
Link+ is used as a supplement to the City’s existing
materials collection for cost and time-effective
service (five affirmative Council votes required
to appropriate additional revenue).
Pacific Library Partnership
California Library Services Act
Distribution of Funds for FY
2019-20
8,723 8,723 This action increases the Other Agencies Revenue estimate and appropriates the funding for the
Pacific Library Partnership FY 2019/20. The initial
check was lost and never deposited, therefore the
revenue was not received or appropriated in FY
2019/20. In FY 2024/25, Pacific Library Partnership
reissued the check to be used to offset online
application costs (five affirmative Council votes
required to appropriate additional revenue).
13,875 13,875
Electric Utility Capital Fund (591)
Library Operating Grant Trust Fund (112)
2 Attachment 3
FY2024/25 Budget Amendments
Department/Item
Source of
Funds
Use of
Funds Explanation
Revenue from Agency -
Miscellaneous / Central Transit
Signal Priority Project (San
Jose/Valley Transportation
Authority) (New Project)
178,781 178,781 This action increases the Revenue from Agency - Miscellaneous estimate to recognize funding from
the City of San Jose and establishes the Central
Transit Signal Priority Project (San Jose/Valley
Transportation Authority) in the amount of
$178,781. In coordination with the City of San Jose
and the Valley Transportation Authority (VTA), this
project will implement cloud-based transit signal
priority technology to City traffic signals in support of enhanced transit service speeds along VTA transit
routes 22, 23, 57, 60, 61, 70, 77, Rapid 522, and
Rapid 523 in Santa Clara (five affirmative Council
votes required to appropriate additional
revenue).
178,781 178,781
Streets and Highways Capital Fund (533)
3