City Council and Authorities Concurrent
December 9, 2025

Attachment 4
Fund
No. Fund Reserve
FY 2024/25
Estimated
Ending Fund
Balance
FY 2024/25
Actual Ending
Fund Balance Variance
FY 2025/26
Current
Ending Fund
Balance
FY 2025/26
Amended
Ending Fund
Balance Variance
General Fund
001 General Fund Budget Stabilization Reserve 69,138,768 68,933,228 (205,540) 79,900,000 81,000,000 1,100,000 001 General Fund Capital Projects Reserve 7,834,572 7,834,572 0 8,364,224 21,364,669 13,000,445 001 General Fund Reserve for Programmed
Capital Projects
5,607,871 5,607,871 0 2,976,438 2,976,438 0
001 General Fund Advanced Planning Fee
Reserve
5,174,318 6,574,046 1,399,728 4,827,451 6,227,179 1,399,728 001 General Fund Technology Fee Reserve 2,477,529 3,018,733 541,204 2,355,271 2,896,475 541,204 001 General Fund Land Sale Reserve 10,343,105 12,678,088 2,334,983 10,343,105 12,687,628 2,344,523 001 General Fund Pension Stabilization Reserve 34,606,759 37,546,640 2,939,881 34,606,759 42,146,233 7,539,474 001 General Fund Property Tax ERAF Reserve 6,744,337 6,744,337 0 7,942,597 7,942,597 0 001 General Fund Development Fee Reserve 1,500,000 1,500,000 0 1,500,000 1,500,000 0 001 General Fund Restricted for Prepayment 0 19,278 19,278 0 0 0 001 General Fund Accrued Liability Reserve 1,882,000 3,802,000 1,920,000 1,882,000 3,802,000 1,920,000 001 General Fund Reserve for FY 2026/27
Budget Balancing
0 0 0 6,698,718 6,698,718 0
001 General Fund Unrestricted Fund Balance 17,978,793 59,302,681 41,323,888 2,587,062 2,728,464 141,402 Summary of Fund Balance Adjustments
Attachment 4
Fund
No. Fund Reserve
FY 2024/25
Estimated
Ending Fund
Balance
FY 2024/25
Actual Ending
Fund Balance Variance
FY 2025/26
Current
Ending Fund
Balance
FY 2025/26
Amended
Ending Fund
Balance Variance
Summary of Fund Balance Adjustments
Special Revenue Funds
463 Bridge Maintenance
District #2 Fund
Unrestricted Fund Balance 303,375 340,668 37,293 395,175 432,468 37,293 155 Building Development
Services Fund
Reserve - Works in Progress 5,000,000 5,000,000 0 5,000,000 5,000,000 0 155 Building Development
Services Fund
Reserve - Civic Center
Campus Future
Needs/Relocation
0 0 0 0 5,000,000 5,000,000
155 Building Development
Services Fund
Unrestricted Fund Balance 30,384,635 31,448,503 1,063,868 29,713,235 25,777,103 (3,936,132) 220 Building Special
Programs and Training
Fund
CASp Reserve 59,201 50,816 (8,385) 59,201 50,816 (8,385) 220 Building Special
Programs and Training
Fund
Seismic Admin Reserve -
Restricted
139,014 153,058 14,044 139,014 153,058 14,044
220 Building Special
Programs and Training
Fund
Building Standard Reserve -
Restricted
63,049 63,571 522 63,049 63,571 522
165 City Affordable Housing
Fund
Restricted - Civic Center
Drive
4,944,484 4,944,484 0 4,944,484 4,944,484 0
165 City Affordable Housing
Fund
Unrestricted Fund Balance 11,569,876 11,280,434 (289,442) 5,838,207 5,278,765 (559,442) 27 Community Facilities
District No. 2019-1 Fund
Capital Reserve 353,473 352,728 (745) 433,479 432,734 (745) 27 Community Facilities
District No. 2019-1 Fund
Unrestricted Fund Balance 788,887 848,114 59,227 712,598 771,825 59,227 26 Convention Center
Maintenance District
Fund
Unrestricted Fund Balance 0 189,492 189,492 0 0 0
Attachment 4
Fund
No. Fund Reserve
FY 2024/25
Estimated
Ending Fund
Balance
FY 2024/25
Actual Ending
Fund Balance Variance
FY 2025/26
Current
Ending Fund
Balance
FY 2025/26
Amended
Ending Fund
Balance Variance
Summary of Fund Balance Adjustments
124 Developer Traffic
Payments Fund
Restricted Fund Balance 5,637,054 5,944,602 307,548 5,637,054 0 (5,637,054) 124 Developer Traffic
Payments Fund
Restricted Regional Traffic
Mitigation Fees
0 0 0 0 764,530 764,530
124 Developer Traffic
Payments Fund
Restricted Traffic Fair Share
Fees
0 0 0 0 5,180,072 5,180,072
25 Downtown Parking
Maintenance District
Fund
Reserve for Maintenance 174,256 178,181 3,925 188,456 192,381 3,925 25 Downtown Parking
Maintenance District
Fund
Unrestricted Fund Balance 475,874 491,477 15,603 475,268 490,871 15,603 77 Endowment Care Fund Unrestricted Fund Balance 2,709,047 2,845,141 136,094 2,861,047 2,997,141 136,094 144 Engineering Operating
Grant Trust Fund
Unrestricted Fund Balance 0 237,986 237,986 0 0 0
79 Expendable Trust Fund Unrestricted Fund Balance 0 1,053,995 1,053,995 0 0 0 159 Fire CUPA Fund Unrestricted Fund Balance 405,654 994,881 589,227 644,787 1,234,014 589,227 158 Fire Development
Services Fund
Reserve - Civic Center
Campus Future
Needs/Relocation
0 0 0 0 1,000,000 1,000,000
158 Fire Development
Services Fund
Unrestricted Fund Balance 2,398,181 3,204,301 806,120 1,919,059 1,725,179 (193,880) 178 Fire Operating Grant
Trust Fund
Unrestricted Fund Balance 560,384 (111,495) (671,879) 176,603 0 (176,603) 121 Gas Tax Fund Unrestricted Fund Balance 2,042,653 2,192,535 149,882 3,017,653 3,167,535 149,882 562 Housing and Urban
Development Fund
Restricted - Program Income 0 310,446 310,446 0 0 0
Attachment 4
Fund
No. Fund Reserve
FY 2024/25
Estimated
Ending Fund
Balance
FY 2024/25
Actual Ending
Fund Balance Variance
FY 2025/26
Current
Ending Fund
Balance
FY 2025/26
Amended
Ending Fund
Balance Variance
Summary of Fund Balance Adjustments
562 Housing and Urban
Development Fund
Unrestricted Fund Balance 0 (1,080,039) (1,080,039) 0 0 0 164 Housing Authority Fund Unrestricted Fund Balance 1,125,724 1,069,236 (56,488) 946,934 890,446 (56,488) 169 Housing Successor
Agency Fund
Unrestricted Fund Balance 4,750,497 5,044,662 294,165 4,925,097 5,219,262 294,165 72 Library Donations Trust
Fund
Unrestricted Fund Balance 0 179,761 179,761 0 0 0
112 Library Operating Grant
Trust Fund
Unrestricted Fund Balance 102,124 140,820 38,696 0 0 0
101 Other City Departments
Operating Grant Trust
Fund
Unrestricted Fund Balance 0 2,159,768 2,159,768 0 0 0
111 Parks and Recreation
Operating Grant Trust
Fund
Unrestricted Fund Balance 115,904 95,550 (20,354) 115,904 104,168 (11,736) 76 Perpetual Care Fund Unrestricted Fund Balance 38,244 38,244 0 38,244 38,244 0 177 Police Operating Grant
Trust Fund
Unrestricted Fund Balance 0 1,352,286 1,352,286 0 0 0
157 Prefunded Plan Review
Fund
Unrestricted Fund Balance 0 292,299 292,299 0 0 0
67 Public Donations Fund Unrestricted Fund Balance 0 679,312 679,312 0 0 0 221 Public, Educational and
Governmental (PEG) Fee
Fund
Unrestricted Fund Balance 1,835,016 2,753,045 918,029 1,835,016 2,653,045 818,029 122 Road Maintenance and
Rehabilitation (SB1)
Fund
Unrestricted Fund Balance 1,459,660 1,993,167 533,507 1,717,660 2,251,167 533,507 Attachment 4
Fund
No. Fund Reserve
FY 2024/25
Estimated
Ending Fund
Balance
FY 2024/25
Actual Ending
Fund Balance Variance
FY 2025/26
Current
Ending Fund
Balance
FY 2025/26
Amended
Ending Fund
Balance Variance
Summary of Fund Balance Adjustments
123 Traffic Mitigation Fund Unrestricted Fund Balance 876,634 634,435 (242,199) 1,076,634 2,468,228 1,391,594 Enterprise Funds
93 Cemetery Fund Unrestricted Fund Balance 739,365 1,274,142 534,777 720,872 1,255,649 534,777 860 Convention Center
Enterprise Fund
Unrestricted Fund Balance 7,945 3,478,751 3,470,806 1,792,694 2,763,500 970,806 860 Convention Center
Enterprise Fund
Operations and Maintenance
Reserve
4,200,000 4,200,000 0 2,000,000 4,500,000 2,500,000
860 Convention Center
Enterprise Fund
Restricted Levy Funds 784,990 967,273 182,283 784,990 967,273 182,283 191 Electric Operating Grant
Trust Fund
Public Benefits Program
Fund Balance
46,435,517 50,218,868 3,783,351 53,721,197 58,504,548 4,783,351 191 Electric Operating Grant
Trust Fund
Low Carbon Fuel Program
Fund Balance
1,479,039 545,266 (933,773) 1,898,607 964,834 (933,773) 191 Electric Operating Grant
Trust Fund
Greenhouse Gas Program
Fund Balance
31,311,946 30,744,643 (567,303) 12,714,739 12,147,436 (567,303) 91 Electric Utility Fund Infrastructure Reserve 50,000,000 50,000,000 0 30,000,000 61,000,000 31,000,000 91 Electric Utility Fund Operations and Maintenance
Reserve
257,000,000 278,000,000 21,000,000 377,000,000 377,000,000 0 91 Electric Utility Fund Pension Stabilization Reserve 10,826,979 11,792,344 965,365 10,826,979 11,792,344 965,365 91 Electric Utility Fund Rate Stabilization Reserve 70,000,000 74,000,000 4,000,000 78,000,000 78,000,000 0 92 Electric Utility Fund Grizzly Project and Tie Line
Reserve
0 0 0 30,000,000 39,584,897 9,584,897
Attachment 4
Fund
No. Fund Reserve
FY 2024/25
Estimated
Ending Fund
Balance
FY 2024/25
Actual Ending
Fund Balance Variance
FY 2025/26
Current
Ending Fund
Balance
FY 2025/26
Amended
Ending Fund
Balance Variance
Summary of Fund Balance Adjustments
91 Electric Utility Fund Trading Restricted Reserve 9,449,807 7,621,750 (1,828,057) 8,741,965 7,621,750 (1,120,215) 91 Electric Utility Fund Unrestricted Fund Balance 125,900,883 150,134,371 24,233,488 95,522,554 103,600,565 8,078,011 94 Sewer Utility Fund Pension Stabilization Reserve 1,032,098 1,124,084 91,986 1,032,098 1,124,084 91,986 94 Sewer Utility Fund Replacement and
Improvement Reserve
1,507,553 1,507,553 0 1,507,553 1,507,553 0
94 Sewer Utility Fund Rate Stabilization Reserve 4,593,020 4,593,020 0 5,117,550 5,417,550 300,000 94 Sewer Utility Fund Reserve for Settlements 2,135,000 1,257,713 (877,287) 2,135,000 0 (2,135,000) 94 Sewer Utility Fund Infrastructure Reserve 5,288,968 5,288,968 0 11,995,541 12,295,541 300,000 94 Sewer Utility Fund Operations and Maintenance
Reserve
16,348,279 16,348,279 0 9,902,225 10,202,225 300,000
94 Sewer Utility Fund Unrestricted Fund Balance 7,754,780 10,600,995 2,846,215 3,714,617 3,779,820 65,203 96 Solid Waste Fund Operations and Maintenance
Reserve
10,325,285 10,325,285 0 8,439,165 7,167,221 (1,271,944) 96 Solid Waste Fund Pension Stabilization Reserve 505,996 551,088 45,092 505,996 551,088 45,092 96 Solid Waste Fund Rate Stabilization Reserve 1,765,150 1,765,150 0 3,521,899 4,173,156 651,257 96 Solid Waste Fund Unrestricted Fund Balance 97,717 (522,970) (620,687) 0 0 0 97 Water Recycling Fund Pension Stabilization Reserve 180,952 197,081 16,129 180,952 197,081 16,129 Attachment 4
Fund
No. Fund Reserve
FY 2024/25
Estimated
Ending Fund
Balance
FY 2024/25
Actual Ending
Fund Balance Variance
FY 2025/26
Current
Ending Fund
Balance
FY 2025/26
Amended
Ending Fund
Balance Variance
Summary of Fund Balance Adjustments
97 Water Recycling Fund Rate Stabilization Reserve 803,880 803,880 0 803,880 934,880 131,000 97 Water Recycling Fund Operations and Maintenance
Reserve
2,800,000 2,800,000 0 2,200,000 2,200,000 0
97 Water Recycling Fund Infrastructure Reserve 51,500 51,500 0 51,500 51,500 0 97 Water Recycling Fund Unrestricted Fund Balance 952,278 4,290,365 3,338,087 263,632 1,561,674 1,298,042 92 Water Utility Fund Pension Stabilization Reserve 2,070,898 2,255,660 184,762 2,070,898 2,255,660 184,762 92 Water Utility Fund Replacement and
Improvement Reserve
303,090 303,090 0 303,090 303,090 0
92 Water Utility Fund Water Conservation Reserve 33,125 33,125 0 33,125 33,125 0 92 Water Utility Fund Rate Stabilization Reserve 6,823,460 6,823,460 0 7,318,450 7,318,450 0 92 Water Utility Fund Operations and Maintenance
Reserve
7,435,580 7,435,580 0 8,000,000 10,787,500 2,787,500
92 Water Utility Fund Infrastructure Reserve 1,028,800 1,028,800 0 4,787,500 2,000,000 (2,787,500) 92 Water Utility Fund Unrestricted Fund Balance 4,868,715 2,231,360 (2,637,355) 4,132,906 1,495,551 (2,637,355) Internal Service Funds
48 Communication
Acquisitions Fund
Equipment Replacement
Reserve
1,220,603 1,302,869 82,266 1,220,603 1,302,869 82,266
48 Communication
Acquisitions Fund
Unrestricted Fund Balance 1,904,312 2,439,595 535,283 1,904,312 2,439,595 535,283 53 Fleet Operations Fund Unrestricted Fund Balance 1,159,004 1,309,630 150,626 1,149,747 1,149,747 0 Attachment 4
Fund
No. Fund Reserve
FY 2024/25
Estimated
Ending Fund
Balance
FY 2024/25
Actual Ending
Fund Balance Variance
FY 2025/26
Current
Ending Fund
Balance
FY 2025/26
Amended
Ending Fund
Balance Variance
Summary of Fund Balance Adjustments
45 Information Technology
Services Fund
Unrestricted Fund Balance 1,512,306 2,984,290 1,471,984 883,818 1,160,960 277,142 44 Public Works Capital
Projects Management
Fund
Unrestricted Fund Balance 0 324,103 324,103 0 0 0
82 Special Liability
Insurance Fund
Reserve for Future Claims 4,700,000 4,700,000 0 4,700,000 12,000,000 7,300,000 82 Special Liability
Insurance Fund
Unrestricted Fund Balance 3,915,285 9,122,880 5,207,595 2,153,285 3,199,605 1,046,320 87 Unemployment
Insurance Fund
Unrestricted Fund Balance 144,047 185,610 41,563 144,047 185,610 41,563 50 Vehicle Replacement
Fund
Equipment Replacement
Reserve
6,130,757 6,651,878 521,121 6,130,757 6,651,878 521,121 50 Vehicle Replacement
Fund
Unrestricted Fund Balance 4,372,839 5,906,282 1,533,443 7,149,857 6,762,560 (387,297) 81 Workers' Compensation
Fund
Reserve for Future Claims 8,500,000 8,500,000 0 8,500,000 8,500,000 0 81 Workers' Compensation
Fund
Reserve for Prepayment 715,126 1,072,718 357,592 715,126 1,072,718 357,592 81 Workers' Compensation
Fund
Unrestricted Fund Balance 968,373 1,401,998 433,625 968,373 401,998 (566,375) Debt Service Funds
491 Electric Utility Debt
Service Fund
Bond Reserve 3,632,533 0 (3,632,533) 3,632,533 0 (3,632,533) 491 Electric Utility Debt
Service Fund
Reserve for Debt Service 18,130,990 130,517,424 112,386,434 19,730,990 23,627,247 3,896,257 491 Electric Utility Debt
Service Fund
Unrestricted Fund Balance 0 3,784,864 3,784,864 0 3,784,864 3,784,864 Attachment 4
Fund
No. Fund Reserve
FY 2024/25
Estimated
Ending Fund
Balance
FY 2024/25
Actual Ending
Fund Balance Variance
FY 2025/26
Current
Ending Fund
Balance
FY 2025/26
Amended
Ending Fund
Balance Variance
Summary of Fund Balance Adjustments
431 Public Facilities
Financing Corporation
Fund
Debt Reserve 707,202 735,078 27,876 707,202 735,078 27,876 431 Public Facilities
Financing Corporation
Fund
Unrestricted Fund Balance 116,215 86,361 (29,854) 151,215 121,361 (29,854) 494 Sewer Utility Debt
Service Fund
Debt Reserve 4,389,592 1,691 (4,387,901) 1,090,329 1,691 (1,088,638) 494 Sewer Utility Debt
Service Fund
Unrestricted Fund Balance 0 4,392,452 4,392,452 0 1,093,189 1,093,189 Other Agency Funds
801 Sports and Open Space
Authority Fund
Unrestricted Fund Balance 2,692 3,484 792 1,692 2,484 792 Capital Improvement Program Funds
593 Cemetery Capital Fund Unrestricted Fund Balance 326,584 326,584 0 56,095 56,095 0 565 City Affordable Housing
Capital Fund
Unrestricted Fund Balance 4,590,718 5,253,121 662,403 4,590,718 5,253,121 662,403 865 Convention Center
Capital Fund
Unrestricted Fund Balance 2,509,218 2,556,630 47,412 0 0 0 591 Electric Utility Capital
Fund
Unrestricted Fund Balance 124,493,014 169,214,967 44,721,953 12,149,308 27,496,033 15,346,725 536 Fire Department Capital
Fund
Unrestricted Fund Balance 963,219 973,548 10,329 0 0 0
539 General Government
Capital Fund
Unrestricted Fund Balance 11,042,506 10,673,087 (369,419) 0 0 0 Attachment 4
Fund
No. Fund Reserve
FY 2024/25
Estimated
Ending Fund
Balance
FY 2024/25
Actual Ending
Fund Balance Variance
FY 2025/26
Current
Ending Fund
Balance
FY 2025/26
Amended
Ending Fund
Balance Variance
Summary of Fund Balance Adjustments
537 Library Department
Capital Fund
Unrestricted Fund Balance 650,322 653,160 2,838 0 0 0
532 Parks and Recreation
Capital Fund
Unallocated Mitigation Fee
Act Fees
37,202,080 39,493,533 2,291,453 13,737,680 18,163,834 4,426,154 532 Parks and Recreation
Capital Fund
Unallocated Quimby Act Fees 7,951,625 9,759,791 1,808,166 2,709,715 4,381,479 1,671,764 532 Parks and Recreation
Capital Fund
Unallocated Developer
Contributions
601,759 1,078,087 476,328 144,725 144,725 0
532 Parks and Recreation
Capital Fund
Unallocated Recreation Area
Lot Fees
136,582 140,316 3,734 136,582 140,317 3,735
532 Parks and Recreation
Capital Fund
Unrestricted Fund Balance 12,236,470 12,582,934 346,464 1,048,785 0 (1,048,785) 538 Public Buildings Capital
Fund
Unrestricted Fund Balance 4,741,194 5,820,865 1,079,671 0 0 0 597 Recycled Water Utility
Capital Fund
Unrestricted Fund Balance 41,105 429,891 388,786 41,105 429,891 388,786 540 Related Santa Clara
Developer Fund
Unrestricted Fund Balance 0 (209,630) (209,630) 0 0 0
594 Sewer Utility Capital
Fund
Restricted - Sewer
Conveyance Fee
55,472,498 57,820,694 2,348,196 21,439,747 8,740,943 (12,698,804) 594 Sewer Utility Capital
Fund
Unrestricted Fund Balance 9,311,120 13,962,901 4,651,781 7,564,379 11,754,726 4,190,347 596 Solid Waste Capital Fund Landfill Post Closure Reserve 600,000 600,000 0 600,000 600,000 0 596 Solid Waste Capital Fund Landfill Corrective Action Costs
553,247 550,024 (3,223) 553,247 550,024 (3,223)
596 Solid Waste Capital Fund Unrestricted Fund Balance 118,280 134,033 15,753 339,780 345,657 5,877 Attachment 4
Fund
No. Fund Reserve
FY 2024/25
Estimated
Ending Fund
Balance
FY 2024/25
Actual Ending
Fund Balance Variance
FY 2025/26
Current
Ending Fund
Balance
FY 2025/26
Amended
Ending Fund
Balance Variance
Summary of Fund Balance Adjustments
535 Storm Drain Capital Fund Unrestricted Fund Balance 4,031,482 4,165,598 134,116 141,711 168,199 26,488 534 Street Lighting Capital
Fund
Unrestricted Fund Balance 2,953,274 8,664,738 5,711,464 343,834 343,834 0 533 Streets and Highways
Capital Fund
Unrestricted Fund Balance 36,894,977 42,834,690 5,939,713 1,748,273 4,177,381 2,429,108 541 Tasman East
Infrastructure
Improvement Fund
Unrestricted Fund Balance 5,914,443 6,133,553 219,110 5,389,149 5,606,832 217,683 592 Water Utility Capital Fund Unrestricted Fund Balance 11,075,279 10,355,311 (719,968) 3,104,671 2,774,970 (329,701)