651
FY 2 0 2 5 / 2 6 A N D F Y 2 0 2 6 / 2 7 P R O P O S E D O P E R A T I N G B U D G E T | A P P E N D I C E S Solid Waste Capital Fund (596) (Cont'd.)
Project
Source of
Funds
Use of
Funds Explanation
Unrestricted Ending Fund
Balance
(53,587) Decreases the Unrestricted Ending Fund Balance to offset the action above.
Total Solid Waste Capital
Fund
253,465
253,465
Storm Drain Capital Fund (535)
Project
Source of
Funds
Use of
Funds Explanation
Unrestricted Beginning
Fund Balance / Unrestricted
Ending Fund Balance
(13,788) (13,788) Decreases the Unrestricted Beginning Fund Balance and Unrestricted Ending Fund Balance to account for
changes from the FY 2025/26 Adopted CIP budget.
Transfer from the General
Fund / PW Capital Projects
Management - Storm Drain
54,974 54,974 Increases the Public Works Capital Management allocation based on the recalculated project
distribution. The Transfer from the General Fund that
supports this cost is also increased.
Total Storm Drain Capital
Fund
41,186 41,186
Streets and Highways Capital Fund (533)
Project
Source of
Funds
Use of
Funds Explanation
Unrestricted Beginning
Fund Balance
(228,775)
(228,775) Decreases the Unrestricted Beginning Fund Balance and Unrestricted Ending Fund Balance to account for
changes from the FY 2025/26 Adopted CIP budget.
Transfer from the Electric
Grant Operating Trust Fund
(766,598)
Decreases the transfer from the Electric Grant
Operating Trust Fund for the Pedestrian and Bicycle
Enhancement Facilities Project and the Cupertino-
Santa Clara On-Demand Shuttle Project.
Transfer from the General
Fund / Tasman to Lafayette
Walkway/Stairway Project
200,000
200,000 Establishes the Tasman to Lafayette
Walkway/Stairway project for a feasibility study for a
walkway/stairway with carve-out under bridge for
rideshare. This study was identified as a City Council
priority and is funded by a transfer from the General
Fund.
652
FY 2 0 2 5 / 2 6 A N D F Y 2 0 2 6 / 2 7 P R O P O S E D O P E R A T I N G B U D G E T | A P P E N D I C E S Streets and Highways Capital Fund (533) (Cont'd.)
Project
Source of
Funds
Use of
Funds Explanation
Transfer from the Traffic
Mitigation Fund
(41,000)
Decreases the transfer from the Traffic Mitigation
Fund to account for lower than anticipated Traffic
Mitigation Fee revenue.
Santa Clara VTA -
Congestion Management
Program
(1,000) Decreases the Santa Clara VTA - Congestion
Management Program project by $1,000 to account
for reduced transfer from the Traffic Mitigation Fund.
Cupertino-Santa Clara On-
Demand Shuttle Project
(501,598) Decreases the Cupertino-Santa Clara On-Demand Shuttle project by $501,598 as the project has been
eliminated.
Traffic Signal
Enhancements
60,000 Increases the Traffic Signal Enhancements project by $60,000 to account for the reallocation of funding
from the Traffic Mitigation Fund.
Traffic Signal Interconnect
Upgrade
(50,000) Decreases the Traffic Signal Interconnect Upgrade project by $50,000 to account for reduced transfer
from the Traffic Mitigation Fund.
Transportation Modeling
Update
(50,000) Decreases the Transportation Modeling Update
project by $50,000 to account for reduced transfer
from the Traffic Mitigation Fund.
Pedestrian and Bicycle
Enhancement Facilities
(265,000) Decreases the Pedestrian and Bicycle Enhancement Facilities project by $265,000 to reflect the
decreased transfer from the Electric Grant Operating
Trust Fund.
Transfer from the General
Fund / PW Capital Projects
Management - Streets and
Highways
(282,752)
(282,752) Updates the Public Works Capital Management
allocation based on the recalculated project
distribution. The Transfer from the General Fund that
supports this cost is also decreased.
Total Streets and
Highways Capital Fund
(1,119,125)
(1,119,125)
653
FY 2 0 2 5 / 2 6 A N D F Y 2 0 2 6 / 2 7 P R O P O S E D O P E R A T I N G B U D G E T | A P P E N D I C E S Tasman East Infrastructure Improvement Fund (541)
Project
Source of
Funds
Use of
Funds Explanation
Unrestricted Beginning Fund
Balance / Unrestricted Ending
Fund Balance
9,183
9,183 Increases the Unrestricted Beginning Fund Balance and Unrestricted Ending Fund Balance to account for
changes from the FY 2025/26 Adopted CIP budget.
Total Tasman East
Infrastructure Improvement
Fund
9,183 9,183
Water Utility Capital Fund (592)
Project
Source of
Funds
Use of
Funds Explanation
Unrestricted Beginning Fund
Balance
2,708,516
Increases the Unrestricted Beginning Fund Balance,
from $3,896,155 to $6,604,671, to account for
changes from the FY 2025/26 Adopted CIP budget.
Buildings and Grounds
500,000 This action increases the Buildings and Ground project by $500,000 (from $2,250,000 to $2,750,000).
This additional funding is necessary to comply with
Bay Area Air Quality Management District
requirements released in November 2024, which
requires generators be at Tier 4, instead of Tier 3.
Distribution System
Replacement/Restoration
1,500,000 This action increases the Distribution System Replacement/Restoration project by $1,500,000 (from
$3,000,000 to $4,500,000). This additional funding is
necessary to account for higher than anticipated main
replacement costs, particularly increased paving costs
which have nearly doubled since the original
estimates.
Public Works Paving Project
Support - Water
500,000 This action establishes the Public Works Paving Project Support - Water in the amount of $500,000 to
account for costs associated with raising water valves
as a result of work completed through the Public
Works' Annual Pavement Project.
Unrestricted Ending Fund
Balance
208,516 Increases the unrestricted ending fund balance, from $2,896,155 to $3,104,671, to offset the actions
recommended above.
Total Water Utility Capital
Fund
2,708,516
2,708,516
654
California Society of Municipal
Finance Officers
Certificate of Award
Capital Budget Excellence Award
Fiscal Years 2024-2025 & 2025-2026
Presented to the
City of Santa Clara
For meeting the criteria established to achieve a CSMFO Award in Budgeting.
February 7, 2025
Ernie Reyna James Russell-Field, Chair
2024 CSMFO President Recognition Committee
Dedicated to Excellence in Municipal Financial Reporting 655
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656