Agenda packet — City Council and Authorities Concurrent, June 9, 2026 (part 9 of 11)

The pavement projects include placing surface seals,
resurfacing, reconstruction and other miscellaneous related work.

ADA Improvements $5,000,000 This project will implement portions of the City’s Americans with Disabilities Act (ADA) Self Evaluation and Transition Plan. The primary focus will be mitigating deficiencies shown in the report related to curb ramps, sidewalk, and traffic signal push buttons to help mitigate barriers for accessibility in the public right-of-way.

Creek Trail Rehabilitation $2,500,000 This project will implement pavement preventative maintenance and rehabilitation for portions of the San Tomas Aquino Creek Trail. The work includes surface seals,
resurfacing, reconstruction and other miscellaneous related work.

Bicycle Wayfinding $300,000 This project will implement new bicycle wayfinding in portions of the City based on recommendations from the City's Bicycle and Pedestrian Advisory Committee (BPAC).

Contingency/Escalation/
Administration (15%)
$3,570,000 This project sets aside funds for contingency, escalation, and project administration.

Total Tranche 1 $27,370,000
Fire Stations and Emergency Response
Fire Station 5 Replacement $4,000,000 This project will fund the facility assessment and design phase of the Fire Station 5 Replacement project. Upon
completion of the design, the project will transition to construction development.

Fire Training Tower
Renovation
$783,000 This project supplements existing Capital Improvement Program resources to complete the renovation of the Fire Training Tower.

Fire Station Security
Upgrade
$1,900,000 Funds will be used to install new perimeter fencing and gates at Fire Stations 1, 3, 4, and 8. These security upgrades will safeguard facilities, equipment, and
personnel.
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Tranche 1
Total Project Description
Fire Station 7 Replacement $4,000,000 A facility assessment will provide a comprehensive evaluation of Fire Station 7, including its current condition, facility needs, and future use requirements. Upon determination of future path forward, the design phase and fieldwork study will be implemented.

Contingency/Escalation/
Administration (15%)
$1,602,450 This project sets aside funds for contingency, escalation, and project administration.

Sub-Total Tranche 1 $12,285,450
Police Facilities
Real Time Intelligence
Center (RTIC) Feasibility
$150,000 This project will fund a study to evaluate the feasibility of expanding the existing Police Headquarters to include a Real Time Intelligence Center (RTIC). The RTIC would integrate emerging technologies, including drone support, to provide real-time situational awareness and enhance operational effectiveness for police staff.

Police Training Facility
Feasibility and Assessment
$250,000 This funding will support the identification and evaluation of potential sites for a new police training facility. The work will include site feasibility analysis, assessments, and the preparation of conceptual design options to inform future planning and development.

Police Department Drone
First Responder
Infrastructure
$50,000 This project will fund a feasibility study, schematic design, and project phasing plan for adding dedicated space at Police Headquarters to support the Drone First Responder Program.

Emergency Operations
Infrastructure
$250,000 These funds are allocated for the installation of new perimeter fencing and security gates at the Emergency Operations
facility.

Contingency/Escalation/
Administration (15%)
$105,000 This project sets aside funds for contingency, escalation, and project administration.

Sub-Total Tranche 1 $805,000
Parks, Library, Senior Center, and Aquatics Facilities
Community Aquatic
Facility/ISC
Renovation/Replacement
(ISC Phase 1 only)
$22,200,000 Phase 1 includes the preparation of design and construction documents, along with targeted facility improvements and construction. Rehabilitation efforts will focus on replacing pool decking, recirculation plumbing, boilers, and perimeter gutter systems for all pools. The dive tower will be replaced to meet the latest building codes and aquatic competition regulations.

Community Aquatic
Facility/ISC
Renovation/Replacement
(ISC Phase 2 Design)
$2,000,000 Phase 2 will prepare schematic designs for an administrative building, repair the existing bleachers and roof, and make improvements to accessory buildings near the bleacher area. 112
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Tranche 1
Total Project Description
Warburton Park Playground
Renovations
$3,000,000 The project will deliver a comprehensive renovation of Warburton Park’s playground facilities. Planned
improvements include new play structures, safety surfacing, landscaping, and accessibility upgrades to create a safe, inclusive, and engaging play environment for children.

Henry Schmidt Park
Playground Renovations
$4,325,000 This project will renovate and modernize the playground facilities at Henry Schmidt Park. Upgrades will feature new equipment, enhanced safety features, and improved
accessibility to ensure the playground meets community
needs.

Central Park Library
Restrooms Remodeling &
Access Control Redesign
$250,000 This project consists of two components. The first is design services for potential redesign and renovation of five public restrooms located on the 1st and 2nd floors of the Central Park Library. The second component involves replacing the existing Access Control Unit and reprogramming access
corridors to improve security and functionality.

Central Park Library
Lighting Control System
Replacement
$250,000 This project will replace the library’s aging Lighting Control System, which has reached the end of its useful life and is no longer supported by the manufacturer.

Central Park and Mission
Libraries Main Entry Auto
Door System Replacement
$200,000 This project will replace three automatic entry door systems that have reached the end of service life. The scope includes two systems at the Central Park Library and one system at the Mission Branch Library, ensuring continued accessibility and convenience for patrons.

Central Park, Mission and
Northside - Libraries Study
and Designs
$1,200,000 This funding will support anticipated design costs identified in the Facilities Master Plan. The scope includes studies and design work for improvements across the Central Park,
Mission, and Northside Libraries to guide future renovations and upgrades.

Contingency/Escalation/
Administration (15%)
$5,013,750 This project sets aside funds for contingency, escalation, and project administration.

Sub-Total Tranche 1 $38,438,750
Storm Drain Systems Improvements
Storm Drain System
Improvements
$5,000,000 This project will implement previously unfunded work recommended in the City's Storm Drain Master plan (SDMP) to eliminate potential flooding in areas of the City. The initial focus will be on constructing storm drain pipes, manholes, inlets, and other miscellaneous work along Harrison St. east of San Tomas Aquino Creek.
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Tranche 1
Total Project Description
Green Stormwater
Infrastructure Design &
Construction
$6,645,000 The Municipal Regional Stormwater NPDES Permit (MRP

3.0) issued by the State requires the City to initiate the installation of green stormwater infrastructure (GSI) that will treat five acres of stormwater runoff by June 30, 2027. This project will implement GSI treatment in locations such as Hope Drive and Lincoln Street from El Camino Real to
Warburton Avenue.

Bowers Ave Underpass
SDPS Rehabilitation
$2,030,000 This project funds reconstruction of the Bowers Avenue underpass storm pump station. The work includes items such as pumps, control panels, fencing, security features, and other miscellaneous upgrades.

SDPS Motor and Control
Replacement
$347,000 This funding will support replacement of motors and controls at various City pump stations.

Storm Drain Pump Station
Outfall Reconstruction
Program
$250,000 This funding will support the reconstruction related to various storm drain outfall locations.

Storm Drain Renovations $150,000 This funding will support the reconstruction related to storm drain facilities.

Contingency/Escalation/
Administration (15%)
$2,163,300 This project sets aside funds for contingency, escalation, and project administration.

Sub-Total Tranche 1 $16,585,300
Historic Buildings, Beautification and Energy Efficiency Triton Museum
Improvements
$1,000,000 This funding will support the Triton Museum Roof Replacement project which has previously been unfunded in the City's budget.

Contingency/Escalation/
Administration (15%)
$150,000 This project sets aside funds for contingency, escalation, and project administration.

Sub-Total Tranche 1 $1,150,000
Bond Issuance Costs
Bond Issuance Costs $2,000,000 This reflects the projected bond issuance costs associated with the $400 million GO Bond program
Total Tranche 1 $98,634,500
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FY 2024/25
Adopted
FY 2025/26
Adopted
FY 2026/27
Adopted
FY 2026/27
Change
FY 2026/27
Amended
Positions by Department/Office
Mayor and City Council Offices 10.00 10.00 10.00 0.00 10.00 City Attorney's Office 8.00 11.00 11.00 0.00 11.00
City Auditor’s Office 2.00 2.00 2.00 0.00 2.00
City Clerk's Office 7.00 7.00 7.00 0.00 7.00
City Manager's Office/Non-Departmental 19.00 22.00 22.00 3.00 25.00 Community Development Department 79.00 84.00 84.00 2.00 86.00 Electric Utility Department 223.00 235.00 235.00 (8.00) 227.00 Finance Department 71.75 78.75 78.75 17.00 95.75
Fire Department 173.50 175.50 169.50 0.00 169.50
Human Resources Department 15.00 16.00 16.00 4.00 20.00 Information Technology Department 7.00 8.00 8.00 0.00 8.00 Library Department 42.75 42.75 42.75 0.25 43.00
Parks and Recreation Department 77.75 79.00 79.00 6.00 85.00 Police Department 231.00 231.00 234.00 0.00 234.00
Department of Public Works 119.50 123.50 124.50 6.00 130.50 Water and Sewer Utilities Department 73.00 73.00 73.00 0.00 73.00 Total Budgeted FTE by Dept./Office 1,159.25 1,198.50 1,196.50 30.25 1,226.75 Note: The positions above represent all funded positions. This excludes positions that remain frozen as described in the Summary of Frozen Positions by Department included later in this section.

FY 2026/27 Proposed Budget Changes (Net Addition of 30.25 positions from FY 2026/27 Adopted to FY 2026/27 Amended)
Base Changes (Actions Approved During FY 2025/26)
A net 6.0 positions were added during FY 2025/26 after the adoption of the budget (1.0 position added through Report to Council 25-773, 3.0 positions added through Report to Council 25-725, and a net 2.0 positions added through Report to Council 26-249) as detailed below.
 Community Development Department: add 1.0 Communications Coordinator, 1.0 Business Analyst position, and

1.0 Senior Planner position; delete of 1.0 Staff Analyst II.  Electric Utility Department: add 1.0 Electric Program Manager position, 1.0 Senior Electric Utility Engineer position, 1.0 Electric Utility Engineer position, and 1.0 Management Analyst position. 115
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A net 24.25 positions are recommended as part of the FY 2026/27 and FY 2027/28 Proposed Capital Improvement Program Budget as described below.
 City Manager’s Office/Non-Departmental: add 1.0 Senior Management Analyst position to support small businesses including providing assistance through the development process, partially supported by the Building Development Services Fund. Unfreeze 1.0 Senior Management Analyst position to provide analytical and administrative support. Reallocate 1.0 Management Analyst from the Public Works Department to NonDepartmental to support the Measure I general obligation bond implementation.  Electric Utility Department: add 1.0 Electric Program Manager position and 1.0 Staff Aide II position to support the Public Benefits Program, 1.0 Management Analyst position to support the engineering function, and 1.0 Key Customer Service Representative position to support the Key Accounts team. Additionally, reallocate 16.0 positions from the Electric Utility Department to the Finance Department to reflect an updated organizational structure under which the Business Services Division is moved to the Finance Department.  Finance Department: add 1.0 Management Analyst position, funded by the Electric Utility Fund to support the SVP Business Services Division. Additionally, reallocate 16.0 positions to the Finance Department from the Electric Utility Department to reflect an updated organizational structure.  Human Resources Department: add 2.0 Management Analyst positions to support safety and wellness, 1.0 Management Analyst position to support SVP (funded by the Electric Utility Fund), and 1.0 Human Resources Technician position.
 Library Department: Increase 0.25 FTE of an existing Office Specialist II position (from 0.75 to 1.0 FTE) to support Library Department administration.
 Parks and Recreation Department: as a result of an organizational review, add 1.0 Assistant Director of Parks & Recreation position, 1.0 Division Manager position, 1.0 Parks Construction, Maintenance & Repair Manager position, 2.0 Recreation Coordinator positions, 3.0 Office Assistant positions, 1.0 Management Analyst position in the Parks & Recreation Department. These adds are partially offset by recommended deletions of 1.0 Deputy Parks & Recreation Director position, 1.0 Recreation Manager position, and 1.0 Park Maintenance Crafts Worker position.  Public Work Department: As a result of an organizational review, add 1.0 Assistant Director position, 1.0 Division Manager position, 2.0 Senior Engineer (Civil) positions, 1.0 Associate Engineer position, 2.0 Automotive Technician I positions (with a two-year term limit), and 1.0 Assistant Engineer (restore previously frozen position) in the Department of Public Works. These adds are partially offset by a recommended deletion of 1.0 Deputy Director position. Additionally, a reallocation of 1.0 Management Analyst position from the Department of Public Works to Non-Departmental is recommended to reflect the shift of the position that supports the Measure I general obligation bond implementation.
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FY 2024/25
Adopted
FY 2025/26
Adopted
FY 2026/27
Adopted
FY 2026/27
Change
FY 2026/27
Amended
Positions by Fund
General Fund (001) 729.57 744.51 760.51 11.85 772.36
Special Revenue Funds
Building Development Services (155) 51.71 55.21 55.21 2.00 57.21 City Affordable Housing (165) 1.95 2.00 2.00 (0.15) 1.85 Convention Center Maintenance District (026) 0.10 0.10 0.10 0.00 0.10 Downtown Parking Maintenance District (025) 0.50 0.50 0.50 0.00 0.50 Fire CUPA Fund (159) 0.00 3.95 3.95 0.25 4.20
Fire Development Services (158) 9.04 10.45 10.45 (0.25) 10.20 Fire Operating Grant Trust (178) 18.00 18.00 0.00 0.00 0.00 Housing and Urban Development (562) 0.00 2.75 2.75 (0.05) 2.70 Housing Authority (164) 0.65 0.45 0.45 0.05 0.50
Housing Successor (169) 1.25 1.60 1.60 0.10 1.70
Subtotal Special Revenue Funds 83.20 95.01 77.01 1.95 78.96 Enterprise Funds
Cemetery (093) 5.00 5.00 5.00 0.00 5.00
Convention Center Enterprise (860) 0.90 0.90 0.90 0.00 0.90 Electric (091, 191) 223.50 235.50 235.50 14.00 249.50
Recycled Water (097) 4.10 5.05 5.05 0.00 5.05
Sewer Utility (094) 22.25 23.15 23.15 0.00 23.15
Solid Waste (096) 7.30 7.30 7.30 0.10 7.40
Water Utility (092) 46.65 44.80 44.80 0.00 44.80
Subtotal Enterprise Funds 309.70 321.70 321.70 14.10 335.80 Internal Service Funds
Fleet Management (053) 14.65 14.70 14.70 2.30 17.00
Information Technology Services (045) 7.00 8.00 8.00 0.00 8.00 Public Works Capital Projects Management (044) 14.13 14.13 14.13 0.30 14.43 Subtotal Internal Service Funds 35.78 36.83 36.83 2.60 39.43 Capital Improvement Program Funds
Related Santa Clara Developer (540) 1.00 0.45 0.45 (0.25) 0.20 Subtotal Capital Improvement Program Funds 1.00 0.45 0.45 (0.25) 0.20 Total Budgeted FTE by Fund 1,159.25 1,198.50 1,196.50 30.25 1,226.75 117
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Department Classification
FY 2025/26
Adopted
FY 2026/27
Proposed
City Auditor's Office City Auditor 1.00 1.00
City Manager's Office Assistant City Manager 1.00 1.00
City Manager's Office Senior Management Analyst 1.00 0.00 Community Development Associate Planner 1.00 1.00
Community Development Office Specialist II 0.75 0.75
Finance Office Specialist III 1.00 1.00
Fire Quality Improvement Nurse 0.75 0.75
Parks and Recreation Grounds Maintenance Worker I 1.00 0.00 Parks and Recreation Grounds Maintenance Worker II 2.00 0.00 Parks and Recreation Office Specialist II 1.00 0.00
Police Police Officer 2.00 2.00
Police Police Sergeant 1.00 1.00
Public Works Assistant Engineer 1.00 0.00
Public Works Automotive Technician III 1.00 0.00
Public Works Street Maintenance Worker I 1.00 0.00
Public Works Street Maintenance Worker III 3.00 0.00
Public Works Street Maintenance Worker IV 1.00 1.00
Non-Departmental Deputy City Manager 1.00 1.00
Non-Departmental Office Specialist III 1.00 1.00
Total Positions Frozen 22.50 11.50
Related Santa Clara Project Positions
Community Development Senior Inspector 1.00 1.00
Fire Deputy Fire Marshal II 1.00 1.00
Fire Fire Protection Engineer 1.00 1.00
Public Works Associate Engineer (Civil) 1.00 1.00
Public Works Principal Engineer 1.00 1.00
Public Works Public Works Inspector 1.00 1.00
Public Works Senior Engineer (Civil) 1.00 1.00
Total Related Positions Frozen 7.00 7.00
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S U M MA RY O F B U D GE T E D P O S IT I O NS The FY 2025/26 Adopted list reflects the frozen positions by department, including the following:
 The remaining 16.50 positions as approved by City Council on March 9, 2021, as part of the COVID-19 Phase 1 Budget Rebalancing;
 5.0 positions frozen on June 22,2021 (Agenda Item 5.0 – Report to Council 21-526);  1.0 position frozen as part of the FY 2023/24 and FY 2024/25 Adopted Operating Budget (1.0 City Auditor); and  7.0 positions originally funded by Related but are frozen beginning in FY 2023/24 based on discussions with Related, including 1.0 Senior Inspector in the Community Development Department, 1.0 Deputy Fire Marshal II and 1.0 Fire Protection Engineer in the Fire Department, and 1.0 Associate Engineer, 1.0 Principal Engineer, 1.0 Senior Civil Engineer, and 1.0 Public Works Inspector in the Department of Public Works.

The FY 2026/27 Proposed list reflects the removal of the following positions:
 Positions restored in this budget:
o 1.0 Senior Management Analyst position in the City Manager’s Office; and o 1.0 Assistant Engineer position in the Department of Public Works  Position changes based on organizational reviews:
o 1.0 Grounds Maintenance Worker I position, 2.0 Grounds Maintenance Worker II positions, and 1.0 Office Specialist II position in the Parks and Recreation Department; and o 1.0 Automotive Technician III position, 1.0 Street Maintenance Worker I position, and 3.0 Street Maintenance Worker III positions in the Department of Public Works.

The FY 2025/26 and FY 2026/27 list excludes all positions that have been restored, including the following:
 1.0 Deputy City Clerk position in the City Clerk’s Office;  1.0 Assistant City Attorney position and 1.0 Legal Office Specialist in the City Attorney’s Office;  1.0 Assistant City Manager position in the City Manager’s Office;  1.0 Division Manager in the Human Resources Department;  12.0 Firefighter positions in the Fire Department;
 1.0 Office Specialist II position, 2.0 Police Records Specialist positions, 2.0 Police Officer positions and 4.0 Community Service Officer positions in the Police Department. An additional 1.0 Police Sergeant position and 2.0 Police Officer positions are restored as part of this budget in FY 2026/27; and  1.0 Associate Engineer position in the Department of Public Works. 119
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DEBT SERVICE
Overview
Under the authority of the City Manager, the City executes debt instruments, oversees the accounting and reporting of debt, administers debt proceeds, manages continuing disclosure and debt compliance requirements, and makes debt service payments, while acting with prudence, diligence, and attention to prevailing economic conditions.

The City of Santa Clara uses debt financing as a tool to maintain its long-term financial stability by paying for certain expenditures over time. Debt financing is also a tool for managing cash flow when large, one-time outlays are required as in the case of constructing a new building or large-scale upgrades to infrastructure. This section provides a summary of the City's debt service for the ten-year forecast period. Included is the Computation of Legal Debt Margin, which calculates the City's debt limit as defined by the City Charter. Also included is a debt service schedule representing the currently outstanding debt of the City.

Debt Policies
The Santa Clara City Charter, Section 1309, limits the allowable bonded indebtedness of the City to 15% of the total assessed valuation of property within the City, exclusive of revenue bonds or any indebtedness that has been or may be incurred for the purposes of acquiring, constructing, extending, or maintaining municipally owned utilities, for which purposes a further indebtedness may be incurred by the issuance of bonds, subject only to the provisions of the State constitution and the City Charter.

Section 1321 of the City Charter further provides for the issuance of revenue bonds when authorized at an election as provided therein. The City Charter also gives City Council the power to issue revenue bonds to finance the generation, production, transmission and distribution of electric energy, including the acquisition and/or construction of lands and facilities therefore, without authorization at an election.

The City's Debt Management Policy provides guidance for the issuance of bonds and other forms of indebtedness to finance land acquisition, construction, equipment, and other capital requirements of the City. While the issuance of debt is an appropriate method of financing capital projects and major equipment acquisitions, such issuance shall be carefully monitored.

The issuance of debt shall be closely aligned with the cash flow requirements of the projects being financed. Within the limitations of the City Charter, determining the amount of indebtedness the City can afford begins by assessing the sufficiency of future revenues. The amount of debt issued is based on the requirements of the approved Capital Improvement Program, subject to the condition that sufficient revenues are projected to be available to pay debt service.

Factors such as debt service coverage requirements outlined in the bond indentures, the impact on the residents (tax rates), and any impact on the bond ratings will be carefully considered. Different factors are considered for each type of credit. For example, electric, water or sewer bonds will take into consideration the impact on customer utility rates. Other factors such as providing debt capacity for future programs and existing and forecasted fund balances, including reserves, will also be taken into consideration.

The City believes that debt is an equitable means of financing projects and represents an important source to meet fiscal responsibilities. The City obtains and maintains long-term debt for large capital improvement projects. The Finance Department manages the City’s debt with prudence, diligence, and with attention to prevailing economic conditions and applicable laws. It manages issuance of debt, administers debt proceeds, prepares ongoing disclosure, handles debt and tax compliance, and makes debt service payments. City departments with debt-financed capital programs coordinate with the Finance Department in implementing and handling debt-related transactions. Semiannual updates are prepared by the Finance Department on outstanding debt for the City of Santa Clara, its Agencies and Corporations. This report is presented as a standard management practice that provides a valuable overview of the current status of the City’s long-term debt 121
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M RP O V E M E N T P R O G RA M B UD G E T | D E BT S E R V I C E obligations. The current City Council approved debt policy can be found online here:
https://www.santaclaraca.gov/home/showpublisheddocument/88514/638991653950200000.

Long-Term Debt Planning
The City employs a comprehensive multi-year, long-term capital improvement planning program that is updated every two years. Debt management is a major component of the financial planning model which incorporates projected financing needs for infrastructure development that is consistent with the City’s growth, while at the same time measuring and assessing the cost and timing of any debt issuance.

Credit Rating
The City seeks to obtain and maintain the highest possible credit ratings for all categories of short- and long-term debt. The City’s bonds are rated favorably by major bond rating agencies, S&P Global, Moody’s Ratings and Fitch Ratings. Maintaining high bond ratings has resulted in a broader market for the City’s bonds and lower interest costs to the City.

S&P Global raised the City’s issuer credit rating (ICR) to 'AAA' and the Certificates of Participation long-term rating and underlying rating (SPUR) to 'AA+' in January 2026. At the same time, S&P Global assigned ‘AAA’ long-term rating to the Series 2026A and Series 2026B of the City’s General Obligation (GO) bonds. Moody’s Ratings concurrently assigned ‘Aaa’ rating to the City’s Series 2026A and Series 2026B of GO bonds and issuer rating in January 2026.

The City's Electric Revenue Bonds, Series 2018A and Series 2024A, are affirmed and rated 'AA-' by Fitch Ratings in September 2025 and by S&P Global in September 2024. The City’s 2023 Wastewater Certificates of Participation was rated ‘AAA’ by S&P Global in October 2023.

Public Facilities Financing Corporation
The City of Santa Clara Public Facilities Financing Corporation (PFFC) was formed in 1997 for the purpose of issuing Certificates of Participation (COPs) to provide financing for the construction of major City facilities. Members of the City Council are also members of the PFFC Board. Debt service on COPs is secured by lease payments made by the City's General Fund to the PFFC for use of the constructed facilities for public purposes. In accordance with lease agreements, the PFFC assigns lease payments received from the City to the trustee for payment to the certificate holders.

Long-Term Debt Obligations
General Obligation (GO) Bonds are issued to fund the acquisition and improvement of real property and are usually issued at lower interest rates than other financing instruments due to their lower repayment risk. GO bonds are payable solely from ad valorem property taxes levied within the City and require two-thirds voter approval to be issued.

Certificates of Participation (COPs) are a debt instrument evidencing a pro-rata share in a specific pledged revenue source, usually lease payments. These lease payments are typically secured by an installment sale or leaseback agreement.

Revenues are pledged to pay lease payments, and such lease payments are used to pay debt service on the COPs. The lessor typically assigns the lease and the payment to a trustee, which distributes the payments to certificate holders. These obligations do not constitute indebtedness under the State constitutional debt limitation and are not subject to voter approval.

Lease Revenue Bonds are a lease obligation secured by a leaseback arrangement with a public entity, where general operating revenues are pledged to pay the lease payments, and in turn are used to pay debt service on the debt. These obligations do not constitute indebtedness under the State constitutional debt limitation and are not subject to voter approval.

In connection with COPs and Lease Revenue Bonds, payments to be made under valid leases are payable only in the year in which use and occupancy of the leased property is available, and lease payments may not be accelerated. Lease financing requires the fair market rental value of the leased property to be equal to or greater than the required debt service 122
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M RP O V E M E N T P R O G RA M B UD G E T | D E BT S E R V I C E or lease payment schedule. The governmental lessee is obligated to place in its annual budget the rentals that are due and payable during each fiscal year the lessee has use of the leased property.

Installment Sale Agreements are debt obligations secured by the assignment of installment payments required to be paid by the City from certain pledged revenues, such as revenues from an enterprise, in an amount sufficient to pay the installment payments, including interest. The City’s outstanding Installment Sale Agreement is payable solely from the City’s Sewer Utility and is not secured by any pledge of ad valorem taxes or General Fund revenues of the City. These obligations do not constitute indebtedness under the State constitutional debt limitation and are not subject to voter approval.

Revenue Bonds are obligations payable from revenues generated by specific enterprise. The City's outstanding utility Revenue Bonds are payable solely from the City's Electric Utility Enterprise Fund and are not secured by any pledge of ad valorem taxes or General Fund revenues of the City and may be authorized by City Council.

Summary of FY 2026/27 Debt Service and Ten-Year Schedule The FY 2026/27 Amended Operating Budget includes $48,265,995 in debt service for FY 2026/27. A ten-year debt service schedule is shown herein.

Election of 2024 General Obligation Bonds, 2026 Series A and 2026 Series B On November 5, 2024, voters in the City of Santa Clara approved Measure I, the Public Facilities and Infrastructure Bond Measure. Measure I authorized the City to issue up to $400 million in General Obligation (GO) bonds to help address unfunded infrastructure needs, including aging fire stations, storm drain systems, and aquatic facilities. City Council approved a bond Expenditure Plan. Priority projects were identified and listed in an approved phase one Project List, totaling $96.63 million, funded by the issuance of the 2026 Bonds.

These GO bonds are not a debt or liability of the City or the City’s General Fund but are payable solely from ad valorem property taxes to be levied within the City.

On February 24, 2026, $97.125 million principal amount of 2026 Bonds were issued at aggregate true interest rate (TIC) of

3.77% with two series as listed below.
 2026 Series A
$71.645 million of Series A Bonds were issued at TIC of 3.81%; they have a final maturity in 2055, with semiannual debt service payments beginning August 1, 2026, and bear coupon rates ranging from 4% to 5%.  2026 Series B
$25.480 million of Series B Bonds were issued at TIC of 1.75%; they have a final maturity in 2027, with semiannual debt service payments beginning August 1, 2026, and bear a coupon rate of 5%. The Series B Bonds are issued as qualified 501(c)(3) tax-exempt bonds for federal and state of California tax purposes and the proceeds of this series will be allocated to renovation of two projects, the International Swim Center and the Triton Museum, that have substantial private use by qualified 501(c)(3) organizations. 2013 Refunding Certificates of Participation (Central Park Library Project) On March 28, 2013, the PFFC issued $18.54 million of Refunding Certificates of Participation (2013 COPs) to provide funds to refund outstanding 2002A Certificates of Participation, which were originally issued to provide financing to build a new Central Park Library. The 2013 COPs mature annually beginning February 1, 2014, through February 1, 2032, and bear coupon rates ranging from 2.00% to 3.75%. Debt service is secured by lease payments to be made by the City to the PFFC for use of the library site. The PFFC assigns the lease payments to the certificate owners. 123
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M RP O V E M E N T P R O G RA M B UD G E T | D E BT S E R V I C E Installment Sale Agreement, Series 2016 (Trimble Road Sewer Project) On March 8, 2016, the City entered into a $12.0 million Installment Sale Agreement (the “ISA”) with the PFFC to provide funds for the Trimble Road Trunk Sanitary Sewer Improvement Project. The PFFC entered into a separate Assignment Agreement with DNT Asset Trust, a wholly owned subsidiary of JPMorgan Chase National Association (the “Agreement”), to assign its rights under the Installment Sale Agreement to DNT Asset Trust. The Agreement has an interest rate of 2.14% and semiannual payments are due beginning August 1, 2016, through February 1, 2031. Installment payments on the Agreement are secured by a pledge of net revenues of the Wastewater System.

Wastewater Revenue Certificates of Participation, Series 2023 (Green Bonds – Climate Bond Certified) On October 24, 2023, the PFFC issued $34.59 million of Wastewater Revenue Certificates of Participation (2023 Wastewater COPs) to refund $20.0 million outstanding Series 2020 ISA and fund an additional $15.0 million of improvements for the San Jose/Santa Clara Regional Wastewater Facility Project (Project). The 2023 Wastewater COPs mature annually beginning February 1, 2025, through February 1, 2049, and bear coupon rates ranging from 4.25% to

5.00%. Debt Service is secured by a pledge of net revenues of the Wastewater System in installment payments to be made by the City to the PFFC for use of the Project. The PFFC assigns the lease payments to the certificate owners. This new issuance is on a parity with the obligations of the Series 2016 Trimble Road ISA.

Senior Revenue Bonds, Series 2018A, Series 2024A
 Electric Revenue Refunding Bonds, Series 2018A
On December 18, 2018, Silicon Valley Power (SVP) issued $48.80 million of Electric Revenue Refunding Bonds, Series 2018A (Electric 2018A Bonds) to refinance $54.58 million outstanding principal amount of Variable Rate Demand Electric Revenue Bonds, Series 2008B and terminate a related interest rate swap transaction. The Electric 2018A Bonds mature annually beginning on July 1, 2019, through July 1, 2027, and bear coupon rates of 5.00%.

Debt service on the Electric 2018A Bonds is secured by a pledge of net revenues of the Electric Utility Fund.  Electric Revenue Bonds, Series 2024A
On October 23, 2024, SVP issued $112,175,000 of Electric Revenue Bonds, Series 2024 A (Electric 2024A Bonds), to provide funding for several of its capital projects in the System Expansion Plan. These projects include Kifer Receiving Station (KRS) rebuild, Scott Receiving Station (SRS) rebuild, and Northern Receiving Station (NRS) upgrades and expansion. The Electric 2024A Bonds mature annually beginning on July 1, 2025, through July 1, 2044, and bear coupon rate of 5%, with optional redemption for bonds with maturities after July 1, 2035. Debt service on the Electric 2024A Bonds is secured by a pledge of net revenues of the Electric Utility Fund.

Subordinate Electric Revenue Refunding Bonds, Series 2020-1, 2020-2, and 2020-3  Series 2020-1 Bonds
On April 10, 2020, SVP issued $52.985 million of Subordinate Electric Revenue Refunding Bonds, Series 2020-1 (Electric 2020-1 Bonds) to refinance $54.83 million outstanding principal amount of Electric Revenue Refunding Bonds, Series 2011 A. The Electric 2020-1 Bonds bear 1.74% coupon rates, mature annually beginning on July 1, 2028 through July 1, 2032, and were sold at an All-In True Interest Cost of 1.43%.

On April 2, 2021, the Electric 2020-1 Bonds were converted to tax-exempt basis, which now bear 1.36% coupon rates. Debt service on the Electric 2020-1 Bonds is secured by a pledge of Available Electric Revenues of SVP on a basis subordinate to outstanding Senior Electric Revenue Bonds, if any. 124
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M RP O V E M E N T P R O G RA M B UD G E T | D E BT S E R V I C E  Series 2020-2 Bonds
On April 10, 2020, SVP issued $34.315 million of Subordinate Electric Revenue Refunding Bonds, Series 2020-2 (Electric 2020-2 Bonds) to refinance $30.725 million of outstanding Electric Revenue Refunding Bonds, Series 2013 A. The Electric 2020-2 Bonds bear 1.31% coupon rates, mature annually beginning on July 1, 2023, through July 1, 2028, and were sold at an All-In True Interest cost of 1.21%.

On December 28, 2022, the Electric 2020-2 Bonds were converted to tax-exempt basis, which now bear 1.02% coupon rates. Debt service on the Electric 2020-2 Bonds is secured by a pledge of Available Electric Revenues of SVP on a basis subordinate to outstanding Senior Electric Revenue Bonds, if any.  Series 2020-3 Bonds
On April 10, 2020, SVP issued $16.72 million of Subordinate Electric Revenue Refunding Bonds, Series 2020-3 (Electric 2020-3 Bonds) to refinance $19.413 million outstanding principal amount of Subordinated Electric Revenue Bonds, Series 2014. The Electric 2020-3 Bonds bear 0.58% coupon rates, mature annually beginning on July 1, 2020, through July 1, 2024, and were sold at an All-In True Interest Cost of 0.70%. Debt service on the Electric 2020-3 Bonds is secured by a pledge of Available Electric Revenues of SVP on a basis subordinate to outstanding Senior Electric Revenue Bonds, if any. The final debt service payment was paid in FY 2024/25.

Electric Debt Planned
SVP intends to enter a 5-year Line of Credit (LOC) facility in FY 2025/26, in the amount of $350 million, to provide financing for several of its capital projects in the System Expansion Plan and issue long-term fixed rate bonds in FY 2027/28. The planned debt is intended to support projects including Kifer Receiving Station (KRS) rebuild and replacement, Scott Receiving Station (SRS) rebuild and replacement, Northern Receiving Station (NRS) upgrades and expansion, and a new California Independent System Operator (CAISO) 3rd 230kV T-Line into NRS. KRS was first constructed in 1955, and the project will expand capacity to over 600MVA from 372 MVA plus other associated work. SRS was first constructed in 1975 and last upgraded in 2002, and the project will expand capacity to over 600MVA from 372 MVA plus other associated work.

NRS was constructed in 2002, and the project includes installing additional transformers and reconfiguring/expanding associated air insulted switchgear to increase station reliability and capacity. The CAISO 3rd 230kV T-Line into NRS project will expand 230 kV and 115 kV facilities at NRS and SVP Switching Station (SSS) to support the CAISO’s proposed new 230 kV transmission line into NRS by 2030. The estimated preliminary long-term bonds debt service amounts are reflected in the City’s Debt Service Schedule. Actual financing terms may be different, as City aims to use the lowest cost financing option available at the time of debt issuance.

Wastewater Debt Planned
The Wastewater Enterprise has plans to issue up to $58.0 million in debt between FY 2026/27 and FY 2030/31 for the City of Santa Clara’s share of capital improvements for the San Jose/Santa Clara Regional Wastewater Facility Project and related issuing costs and reserves. At this time, long-term fixed rate bonds are assumed for the purpose of estimating debt service payments, and they are reflected in the City’s Debt Service Schedule. Actual financing terms may be different, as the City aims to use the lowest cost financing option available at the time of debt issuance. 125
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M RP O V E M E N T P R O G RA M B UD G E T | D E BT S E R V I C E Fiscal Year Net Local State Net Net Total % of Growth Total Direct Ending Secured Assessed Unsecured Assessed Assessed of Assessed Tax June 30 Roll (1) Valuation Roll Valuation Valuation Valuation Valuation Rate 2015 / 16 27,659,960 4,183 5,157,346 32,821,489 32,927,777 99.68% 14.56% 1.16% 2016 / 17 30,672,596 4,183 5,856,885 36,533,664 36,638,297 99.71% 11.31% 1.15% 2017 / 18 33,449,607 3,896 6,553,560 40,007,063 40,109,539 99.74% 9.51% 1.16% 2018 / 19 36,596,483 354 7,266,592 43,863,429 43,964,914 99.77% 9.64% 1.13% 2019 / 20 38,502,828 870 7,629,244 46,132,942 46,232,453 99.78% 5.17% 1.20% 2020 / 21 42,047,766 870 7,972,493 50,021,129 50,118,954 99.80% 8.43% 1.18% 2021 / 22 44,162,052 870 8,007,077 52,169,999 52,264,729 99.82% 4.30% 1.19% 2022 / 23 48,144,003 870 8,688,804 56,833,677 56,926,788 99.84% 8.94% 1.17% 2023 / 24 52,144,207 1,074 8,829,840 60,975,121 61,070,198 99.84% 7.29% 1.17% 2024 / 25 56,416,225 1,074 9,026,763 65,444,062 65,538,325 99.86% 7.33% 1.16% Note:
(1) Net of Home Owner Property Tax Relief.

CITY OF SANTA CLARA

ASSESSED AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY Last Ten Fiscal Years
(In Thousands)
126
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M RP O V E M E N T P R O G RA M B UD G E T | D E BT S E R V I C E Fiscal Year Net
Ending Assessed Debt Limit- 15% of Debt Applicable Legal Debt June 30 Valuation Assessed Valuation (1) to Limit Margin 2015 / 16 32,821,489 4,923,223 - 4,923,223
2016 / 17 36,533,664 5,480,050 - 5,480,050
2017 / 18 40,007,063 6,001,059 - 6,001,059
2018 / 19 43,863,429 6,579,514 - 6,579,514
2019 / 20 46,132,942 6,919,941 - 6,919,941
2020 / 21 50,021,129 7,503,169 - 7,503,169
2021 / 22 52,169,999 7,825,500 - 7,825,500
2022 / 23 56,833,677 8,525,052 - 8,525,052
2023 / 24 60,975,121 9,146,268 - 9,146,268
2024 / 25 65,444,062 9,816,609 - 9,816,609
Note:
(1) Section 1309 of the City Charter of the City states: "Bonded Debt Limit. The bonded indebtedness of the City may not in the aggregate exceed the sum of fifteen percent (15%) of the total assessed valuation of property within the City, exclusive of revenue bonds or any indebtedness that has been or may hereafter be incurred for the purposes of acquiring, constructing, extending, or maintaining municipally owned utilities for which purposes a further indebtedness may be incurred by the issuance of bonds, subject only to the provisions of the State Constitution and this Charter."
City of Santa Clara
Legal Debt Margin Information
Last Ten Fiscal Years
(In Thousands)
127

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DEBT SERVICE SCHEDULE
Actual Current Proposed Plan Plan Plan Plan Plan Plan Plan Plan Plan Bond Issue 2024/25 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 2031/32 2032/33 2033/34 2034/35 2035/36 Current Debt Issued
Election of 2024 General Obligation Bonds:
2026 Bonds, Series A
Principal 0 0 0 7,200,000 1,150,000 1,205,000 1,265,000 1,330,000 1,395,000 1,465,000 1,540,000 1,615,000 Interest 0 0 3,032,918 3,059,913 2,851,163 2,792,288 2,730,538 2,665,663 2,597,538 2,526,038 2,450,913 2,372,038 Trustee 0 0 1,050 550 550 550 550 578 578 578 606 606
Arbitrage Computation 0 0 1,150 1,150 1,150 1,150 2,150 0 0 0 2,150 0 0 0 3,035,118 10,261,613 4,002,863 3,998,988 3,998,238 3,996,241 3,993,116 3,991,616 3,993,669 3,987,644 2026 Bonds, Series B
Principal 0 0 16,000,000 9,480,000 0 0 0 0 0 0 0 0
Interest 0 0 792,606 237,000 0 0 0 0 0 0 0 0
Trustee 0 0 1,050 550 0 0 0 0 0 0 0 0
Arbitrage Computation 0 0 1,150 2,150 0 0 0 0 0 0 0 0
0 0 16,794,806 9,719,700 0 0 0 0 0 0 0 0
Total General Obligation
Bonds
0 0 19,829,924 19,981,313 4,002,863 3,998,988 3,998,238 3,996,241 3,993,116 3,991,616 3,993,669 3,987,644 Certificates of Participation:
2013 Refunding COPs
(Central Park Library Project)
Principal 1,085,000 1,120,000 1,150,000 1,195,000 1,235,000 1,280,000 1,325,000 665,000 0 0 0 0 Interest 319,775 285,869 249,469 209,219 167,394 122,625 74,625 24,937 0 0 0 0 Trustee 1,325 1,325 1,325 1,325 1,325 1,325 1,325 1,325 0 0 0 0 Arbitrage Computation 0 0 0 1,900 0 0 0 1,900 0 0 0 0
1,406,100 1,407,194 1,400,794 1,407,444 1,403,719 1,403,950 1,400,950 693,162 0 0 0 0 128

FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | D E BT S E RV I CE

DEBT SERVICE SCHEDULE
Actual Current Proposed Plan Plan Plan Plan Plan Plan Plan Plan Plan Bond Issue 2024/25 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 2031/32 2032/33 2033/34 2034/35 2035/36 Current Debt Issued
Certificates of Participation:
2023 Wastewater Revenue COPs
Principal 735,000 770,000 810,000 850,000 895,000 940,000 985,000 1,035,000 1,085,000 1,140,000 1,195,000 1,255,000 Interest 1,626,063 1,589,313 1,550,813 1,510,313 1,467,813 1,423,063 1,376,063 1,326,813 1,275,063 1,220,813 1,163,813 1,104,063 Trustee 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 Arbitrage Computation 0 0 0 2,150 0 0 0 0 2,150 0 0 0
2,363,563 2,361,813 2,363,313 2,364,963 2,365,313 2,365,563 2,363,563 2,364,313 2,364,713 2,363,313 2,361,313 2,361,563 Total Certificates of
Participation
3,769,663 3,769,007 3,764,107 3,772,407 3,769,032 3,769,513 3,764,513 3,057,475 2,364,713 2,363,313 2,361,313 2,361,563 Installment Sale Agreement:
2016 Sanitary Sewer Improvements (Trimble Road Sewer Project) Principal 811,995 829,465 847,310 865,540 884,161 903,183 922,615 0 0 0 0 0 Interest 125,454 107,985 90,139 71,910 53,288 34,266 14,834 0 0 0 0 0 937,449 937,450 937,449 937,450 937,449 937,449 937,449 0 0 0 0 0 Total Installment Sale
Agreements
937,449 937,450 937,449 937,450 937,449 937,449 937,449 0 0 0 0 0 Senior Revenue Bonds:

Electric Revenue Refunding Bonds, Series 2018 A
Principal 5,795,000 6,005,000 6,320,000 6,655,000 0 0 0 0 0 0 0 0 Interest 1,093,875 798,875 490,750 166,375 0 0 0 0 0 0 0 0 Trustee 2,250 2,250 2,250 2,250 0 0 0 0 0 0 0 0
Arbitrage Computation 0 0 0 750 0 0 0 0 0 0 0 0
6,891,125 6,806,125 6,813,000 6,824,375 0 0 0 0 0 0 0 0 129

FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | D E BT S E RV I CE

Electric Revenue Refunding Bonds, Series 2024 A
Principal 0 3,345,000 3,520,000 3,700,000 3,890,000 4,090,000 4,295,000 4,515,000 4,750,000 4,995,000 5,250,000 5,520,000 Interest 1,059,431 5,525,125 5,353,500 5,173,000 4,983,250 4,783,750 4,574,125 4,353,875 4,122,250 3,878,625 3,622,500 3,353,250 Trustee 2,675 2,675 2,675 2,675 2,675 2,675 2,675 2,675 2,675 2,675 2,675 0 Arbitrage Computation 0 1,150 1,150 1,150 2,150 0 0 0 2,150 0 0 0 1,062,106 8,873,950 8,877,325 8,876,825 8,878,075 8,876,425 8,871,800 8,871,550 8,877,075 8,876,300 8,875,175 8,873,250 Subordinated Revenue Bonds:

Electric Revenue Refunding Bonds, Series 2020-1
Principal 0 0 0 0 6,555,000 12,745,000 12,910,000 13,165,000 7,610,000 0 0 0 Interest 720,596 720,596 720,596 720,596 676,022 544,782 370,328 193,018 51,748 0 0 0 Trustee 1,375 1,475 1,475 1,575 1,575 1,675 1,675 1,775 1,775 0 0 0 721,971 722,071 722,071 722,171 7,232,597 13,291,457 13,282,003 13,359,793 7,663,523 0 0 0 Electric Revenue Refunding Bonds, Series 2020-2
Principal 5,695,000 5,910,000 5,975,000 6,050,000 4,930,000 0 0 0 0 0 0 0 Interest 262,268 203,082 142,469 81,141 25,143 0 0 0 0 0 0 0 Trustee 1,375 1,475 1,475 1,575 1,575 0 0 0 0 0 0 0
Arbitrage Computation 0 0 0 0 750 0 0 0 0 0 0 0
5,958,643 6,114,557 6,118,944 6,132,716 4,957,468 0 0 0 0 0 0 0 Electric Revenue Refunding Bonds, Series 2020-3
Principal 3,970,000 0 0 0 0 0 0 0 0 0 0 0
Interest 11,513 0 0 0 0 0 0 0 0 0 0 0
Trustee 0 0 0 0 0 0 0 0 0 0 0 0
3,981,513 0 0 0 0 0 0 0 0 0 0 0
Total Electric Revenue
Bonds
18,615,358 22,516,703 22,531,340 22,556,087 21,068,140 22,167,882 22,153,803 22,231,343 16,540,598 8,876,300 8,875,175 8,873,250 Total Current Debt 23,322,470 27,223,160 47,062,820 47,247,257 29,777,484 30,873,832 30,854,003 29,285,059 22,898,427 15,231,229 15,230,157 15,222,457 130

FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | D E BT S E RV I CE DEBT SERVICE SCHEDULE Actual Current Proposed Plan Plan Plan Plan Plan Plan Plan Plan Plan Bond Issue 2024/25 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 2031/32 2032/33 2033/34 2034/35 2035/36 Debt to be Issued
Wastewater Financing
Principal 0 0 355,301 373,066 678,253 712,166 1,435,454 1,507,227 1,582,589 1,661,718 1,744,804 1,832,044 Interest 0 0 847,875 830,110 1,495,227 1,461,314 3,066,756 2,994,983 2,919,622 2,840,492 2,757,406 2,670,166 0 0 1,203,176 1,203,176 2,173,480 2,173,480 4,502,210 4,502,210 4,502,211 4,502,210 4,502,210 4,502,210 Electric Financing
Principal 0 0 0 0 10,584,906 11,114,151 11,669,858 12,253,351 12,866,019 13,509,320 14,184,786 14,894,025 Interest 0 0 0 0 17,500,000 16,970,755 16,415,047 15,831,554 15,218,887 14,575,586 13,900,120 13,190,880 Fees 0 0 0 0 2,700 2,700 2,700 2,700 2,700 2,700 2,700 2,700 0 0 0 0 28,087,606 28,087,606 28,087,605 28,087,605 28,087,606 28,087,606 28,087,606 28,087,605 0 0 1,203,176 1,203,176 30,261,086 30,261,086 32,589,815 32,589,815 32,589,817 32,589,816 32,589,816 32,589,815 23,322,470 27,223,160 48,265,996 48,450,433 60,038,570 61,134,918 63,443,818 61,874,874 55,488,244 47,821,045 47,819,973 47,812,272 Total Debt to be Issued
Total Current Debt Service
and Debt to be Issued
131
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | D E BT S E R V I C E

DEBT SERVICE FUNDS
Under the authority of the City Manager, the City executes debt instruments, oversees the accounting and reporting of debt, administers debt proceeds, manages continuing disclosure and debt compliance requirements, and makes debt service payments, while acting with prudence, diligence, and attention to prevailing economic conditions.

Electric Utility Debt Service Fund (491)
The Electric Utility Debt Service Fund is used to pay principal, interest, and related service charges on obligations resulting from the issuance of debt by the Electric Utility. Proceeds are used to pay for capital costs associated with the Electric Utilities’ generation, transmission and distribution facilities. Debt service is payable from Adjusted Net Revenues of the Electric Utility.

Measure I General Obligation (GO) Bond Debt Service Fund (413) This fund was established in FY 2025/26 through Report to Council 25-992 approved by the City Council on September 16, 2025. This fund accounts for all activity related to the debt service of the Measure I GO Bonds.

Public Facilities Financing Corporation Fund (431)
The City of Santa Clara Public Facilities Financing Corporation (PFFC) was formed in 1997 for the purpose of issuing Certificates of Participation (COPs) to provide financing for the construction of major City facilities. Members of the City Council are also members of the PFFC Board. Debt service on COPs is secured by lease payments made by the City's General Fund to the PFFC for use of the constructed facilities for public purposes. In accordance with lease agreements, the PFFC assigns lease payments received from the City to the trustee for payment to the certificate holders.

Sewer Utility Debt Service Fund (494)
The Sewer Utility Debt Service Fund is used to pay principal, interest, and related service charges on obligations resulting from the issuance of debt by the Sewer Utility. Proceeds are used to pay for capital improvements associated with the Sewer System, including the Trimble Road Trunk Sanitary Sewer Improvement Project and the San José-Santa Clara Regional Wastewater Facility Project. Debt service is payable from Net Revenues of the Sewer Utility.

This is the second fiscal year of the biennial operating budget. The following section details the City of Santa Clara’s Debt Service Funds’ Statements of Sources and Uses and their Amended Budget for Fiscal Year 2026/27. 132
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | D E BT S E R V I C E DEBT SERVICE FUNDS | ELECTRIC UTILITY DEBT
SERVICE FUND (491)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Bond Reserve 3,632,533 0 0 0 0
Debt Reserve 10,419,656 130,517,424 130,517,424 3,632,533 23,627,247 Unrestricted 0 3,784,864 3,784,864 19,730,990 3,784,864 Total Beginning Fund Balance 14,052,189 134,302,289 134,302,289 23,363,523 27,412,112 Revenue
Debt Financing 130,585,113 246,000,000 0 0 0
Interest 3,009,606 1,600,000 1,600,000 250,000 250,000
Other Revenue 0 0 0 0 0
Total Revenue 133,594,719 247,600,000 1,600,000 250,000 250,000 Transfers From
Electric Utility Fund 27,354,002 22,518,403 22,518,403 22,533,040 23,233,040 Total Transfers From 27,354,002 22,518,403 22,518,403 22,533,040 23,233,040 Total Source of Funds 175,000,910 404,420,692 158,420,692 46,146,563 50,895,152 Expenditures
Debt Service 18,607,682 22,507,678 22,507,678 22,522,315 22,522,315 Administrative Costs 581,116 10,725 10,725 10,725 710,725 Total Expenditures 19,188,798 22,518,403 22,518,403 22,533,040 23,233,040 Transfers To
Electric Utility Capital Fund 21,509,823 354,490,177 108,490,177 0 0 Total Transfers To 21,509,823 354,490,177 108,490,177 0 0 Ending Fund Balance
Bond Reserve 0 0 0 0 0
Debt Reserve 130,517,424 23,627,247 23,627,247 3,632,533 23,627,247 Unrestricted 3,784,864 3,784,864 3,784,864 19,980,990 4,034,864 Total Ending Fund Balance 134,302,289 27,412,112 27,412,112 23,613,523 27,662,112 Total Use of Funds 175,000,910 404,420,692 158,420,692 46,146,563 50,895,152 133
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | D E BT S E R V I C E DEBT SERVICE FUNDS | MEASURE I GENERAL
OBLIGATION (GO) BOND DEBT SERVICE FUND (413)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Reserve for Debt Service 0 0 0 0 22,748,693
Reserve for Bond Projects Fund 0 0 0 0 0
Total Beginning Fund Balance 0 0 0 0 22,748,693
Revenue
Property Tax Assessment 0 17,142,877 17,142,877 0 17,905,913 Interest 0 0 225,196 0 216,401
Bond Proceeds 0 100,000,000 102,505,620 0 0
Total Revenue 0 117,142,877 119,873,693 0 18,122,314
Total Source of Funds 0 117,142,877 119,873,693 0 40,871,007 Expenditures
Debt Service 0 0 0 0 19,825,524
Administrative Costs 0 2,000,000 490,500 0 4,400
Total Expenditures 0 2,000,000 490,500 0 19,829,924
Transfers To
Measure I General Obligation Bond
Projects Fund
0 96,634,500 96,634,500 0 0
Total Transfers To 0 96,634,500 96,634,500 0 0
Ending Fund Balance
Reserve for Debt Service 0 17,142,877 22,748,693 0 21,041,083 Reserve for Bond Projects Fund 0 1,365,500 0 0 0
Total Ending Fund Balance 0 18,508,377 22,748,693 0 21,041,083 Total Use of Funds 0 117,142,877 119,873,693 0 40,871,007 134
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | D E BT S E R V I C E DEBT SERVICE FUNDS | PUBLIC FACILITIES FINANCING
CORPORATION FUND (431)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Debt Reserve 707,202 735,078 735,078 707,202 735,078
Unrestricted 78,215 86,361 86,361 151,215 121,361
Total Beginning Fund Balance 785,417 821,439 821,439 858,417 856,439 Revenue
Interest 36,182 35,000 35,000 35,000 35,000
Total Revenue 36,182 35,000 35,000 35,000 35,000
Transfers From
General Fund 1,405,940 1,406,979 1,406,979 1,400,579 1,400,579 Total Transfers From 1,405,940 1,406,979 1,406,979 1,400,579 1,400,579 Total Source of Funds 2,227,539 2,263,418 2,263,418 2,293,996 2,292,018 Expenditures
Debt Service 1,404,775 1,405,869 1,405,869 1,399,469 1,399,469 Administrative Costs 1,325 1,110 1,110 1,110 1,325
Total Expenditures 1,406,100 1,406,979 1,406,979 1,400,579 1,400,794 Ending Fund Balance
Debt Reserve 735,078 735,078 735,078 707,202 735,078
Unrestricted 86,361 121,361 121,361 186,215 156,146
Total Ending Fund Balance 821,439 856,439 856,439 893,417 891,224 Total Use of Funds 2,227,539 2,263,418 2,263,418 2,293,996 2,292,018 135
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | D E BT S E R V I C E DEBT SERVICE FUNDS | SEWER UTILITY DEBT SERVICE
FUND (494)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Debt Reserve 7,693,354 1,691 1,691 1,090,329 1,691
Unrestricted 0 4,392,452 4,392,452 0 1,093,189
Total Beginning Fund Balance 7,693,354 4,394,143 4,394,143 1,090,329 1,094,880 Revenue
Interest 1,801 0 0 0 0
Debt Proceeds 0 0 0 0 15,500,000
Total Revenue 1,801 0 0 0 15,500,000
Transfers From
Sewer Utility Fund 0 0 0 3,300,762 4,503,938
Total Transfers From 0 0 0 3,300,762 4,503,938
Total Source of Funds 7,695,155 4,394,143 4,394,143 4,391,091 21,098,818 Expenditures
Debt Service 3,298,512 3,299,263 3,299,263 3,300,762 4,503,938 Administrative Costs 2,500 0 0 0 0
Total Expenditures 3,301,012 3,299,263 3,299,263 3,300,762 4,503,938 Transfers To
Sewer Utility Capital Fund 0 0 0 0 15,500,000
Total Transfers To 0 0 0 0 15,500,000
Ending Fund Balance
Debt Reserve 1,691 1,691 1,691 1,090,329 1,691
Unrestricted 4,392,452 1,093,189 1,093,189 0 1,093,189
Total Ending Fund Balance 4,394,143 1,094,880 1,094,880 1,090,329 1,094,880 Total Use of Funds 7,695,155 4,394,143 4,394,143 4,391,091 21,098,818 136
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
Ten-Year
General Fund
Financial Forecast
FY 2027 - 2036
April 2026
137
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST

PURPOSE
The Ten-Year General Fund Financial Forecast (Forecast) provides policy makers and the public an updated assessment of the City’s fiscal health. The Forecast includes projections of ongoing General Fund revenues and expenditures for a ten-year period beyond the adopted biennial budget.

The Forecast serves as a strategic planning tool to assist the City Council, staff, and the public with decision-making as they work to adopt the budget and consider long-term financial strategies for the City.

The Forecast also identifies known risk factors and vulnerabilities, and it provides a foundation for evaluating priorities and understanding trade-offs moving forward.

GENERAL FUND OVERVIEW
The Forecast compares anticipated General Fund revenues with base expenditures, which include the projected costs of providing the current level of service. Individual projections of revenues and expenditures are developed based on trend analyses, input from available economic reports, consultant recommendations, departments, updated salary and benefit information, and non-personnel costs. The most current information available is incorporated into the Forecast and refined on a moving forward basis.

This Forecast shows a stable General Fund with small surpluses in most years. The FY 2026/27 budget is in balance at $377.2 million of funding sources and uses. In the out years, small surpluses and shortfalls ranging from -$1.9 million to $8.9 million equate to -0.5% to 1.7% of expenditures annually. This reflects improvement from the last Forecast primarily due to stronger revenue growth.

FY 2026/27 – FY 2035/36 General Fund Forecast

2026/27 2027/28 2028/29 2029/30 2030/31 2031/32 2032/33 2033/34 2034/35 2035/36 Funding
Sources $377.2 $385.4 $401.5 $415.7 $433.4 $449.1 $466.1 $484.2 $503.2 $523.9 Projected
Expenditures $377.2 $384.8 $403.4 $416.8 $432.7 $448.8 $464.6 $479.2 $497.6 $515.0 (Shortfall)/
Surplus $0.0 $0.6 ($1.9) ($1.1) $0.7 $0.3 $1.5 $5.0 $5.6 $8.9 % of
Expenses 0.0% 0.2% -0.5% -0.3% 0.2% 0.1% 0.3% 1.0% 1.1% 1.7% The Forecast compares ongoing revenues and expenditures to address the existing staffing and service levels. It does not factor in the costs to address growth in the City, add new services, or provide permanent funding for pilot programs.

The Forecast also does not fully fund all infrastructure needs, but there is progress in this area.

Historically, the City has funded many capital infrastructure and equipment needs with one-time funds on a pay-as-you-go basis. The lack of sufficient one-time funding resulted in a backlog of unmet/deferred 138
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
infrastructure needs. In November 2024, Santa Clara voters approved a $400 million General Obligation Bond to address the most critical needs. There remains a need for ongoing funding to replace the City’s infrastructure. The last Forecast began to address that need with modest funding starting at $1 million annually and growing throughout the forecast. This Forecast expands on that effort by setting aside an amount equivalent to three percent of General Fund expenditures into a new sinking fund for capital infrastructure replacement.

With the improved Forecast, funding is also set aside to restore positions that were frozen in prior years to address budget shortfalls. These restorations would be considered in FY 2026/27 or during the development of the Proposed FY 2027/28 and FY 2028/29 Operating Budget in conjunction with departmental organizational reviews. In addition, the Forecast incorporates contributions to the Pension Stabilization Reserve.

There are significant development projects underway in Santa Clara that will bring new revenues as well as new costs. The financial impacts of these developments have not been factored into this Forecast given the uncertainty regarding the timing. However, it is anticipated that this additional development activity will have a positive impact on the forecast.

Forecast Risk Factors
The City has identified various risk factors that could have a potential impact on the Forecast. These include:
 Impacts of Middle East conflict;
 Uncertainty regarding results of tariffs and other federal actions;  An economic downturn;
 State/federal legislative changes and legal challenges;  CalPERS actuarial changes or reform actions; and
 Unanticipated critical capital/infrastructure needs.

It is important to note that all forecasts have a level of uncertainty. Given the decreasing precision in later years of a forecast, those values provide a multi-year perspective rather than a precise prediction. As the City has experienced in the past, General Fund revenues may exceed or fall below expectations based on changes in economic or non-economic conditions. This type of volatility has been seen in the City’s largest General Fund revenues, Property Tax, Sales Tax, and Transient Occupancy Tax (TOT). For example, TOT receipts were the most severely impacted by the COVID-19 pandemic. Various cost elements can also vary from year to year, such as retirement costs that are impacted by the earnings assumptions and performance of the California Public Employees Retirement System (CalPERS). 139
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST

ECONOMIC OUTLOOK
The Spring 2026 UCLA Anderson Forecast pointed to economic growth approaching 3% in 2026. “After momentarily stuttering in 2025 in the face of the highest tariff rates in a century, the U.S. economy is expected to resume a brisk pace of nearly 3% GDP growth in 2026. This expansion is fueled by significant fiscal stimulus, through income tax cuts, looser financial conditions, and an expanding boom in AI capital expenditures. Supporting this growth in demand are the continued gains in productivity observed since the post-pandemic recovery. While the labor market is projected to strengthen in response to rising demand, restrictive immigration policies will continue to limit its overall rate of expansion.”1 U.S. Quarterly Real GDP Growth Forecast (UCLA Spring 2026 Economic Forecast) While the Spring 2026 UCLA Forecast projected solid growth, recent developments have resulted in greater economic uncertainty. Economists have pointed to a number of negative impacts associated with the Middle East conflict, including increased gas prices and inflation, lower consumer spending and economic growth, and significant financial market volatility. With the energy supply shock, this conflict is having a material impact on the global economy.
1 UCLA Anderson Forecast for the Nation, Spring 2026 Report: From Tariff Hikes to Income Tax Cuts, Clement Bohr 140
City of
Santa Clara
GDP Growth Forecast
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FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
In the second estimate for the fourth quarter of 2025, the Gross Domestic Product (GDP) increased at an annual rate of 0.7%, following a GDP increase of 4.4% in the third quarter. The increase in real GDP primarily reflected increases in consumer spending and investments. These were offset by decreases in exports and government spending. Imports, which are a subtraction in the calculation of GDP, decreased.2
The unemployment rates at the state, local, and national level have increased slightly over the last several years, with the rate for this region remaining consistently below the rate for the State and closer to the national level.
2 https://www.bea.gov/news/2026/gdp-second-estimate-4th-quarter-and-year-2025 Unemployment Rate
(Not Seasonally Adjusted)
Dec
2022
Dec
2023
Dec
2024
Dec
2025
Nation 3.3% 3.5% 3.8% 4.1%
California 4.0% 4.9% 5.1% 5.1%
San José-Sunnyvale-Santa Clara
Metropolitan Statistical Area 2.6% 3.9% 4.0% 4.0%
Source: Federal Reserve Economic Data
141
City of
Santa Clara
Real GDP, Percent Change From Preceding Quarter
Seasonally adjusted annual rates

5.0 4.0

3.0 2.0

1.0 0.0
-1.0
Q3
2024
GDP Gross domestic product
U.S. Bureau of Economic Analysis:

Q4
-
Q1 Q2 Q3
2025
-
Q4
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
Property values in Santa Clara remain high. In 2025, the median price of a single-family home totaled $2.01 million, which was up from the 2024 level of $1.95 million as shown in the Single-Family Residential Home Sales chart. The number of closed sales also increased from 418 in 2024 to 441 in 2025. However, this sales volume remains below historical levels.

Data Source: Santa Clara County Association of Realtors 142
$2,200,000
$2,000,000
$1 ,800,000
$1,600,000
$1 ,400,000
$1 ,200,000
$1 ,000,000
$800,000
$600,000
$400,000
$200,000
City of
Santa Clara
City of Santa Clara
Single Family Residential Home Sales
1111 111 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 ■ Ave. Price ■ Med. Price
700
600
500
400
300
200
100
City of Santa Clara
Number of Single Family Closed Sales
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
I I I ■ # of Closed Sales
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST

GENERAL FUND REVENUES
There are several General Fund sources supporting the City’s activities as shown in the table below. 2026/27 2027/28 2028/29 2029/30 2030/31 2031/32 2032/33 2033/34 2034/35 2035/36 $ m $ m $ m $ m $ m $ m $ m $ m $ m $ m
Property Tax $107.8 $113.0 $119.1 $125.4 $132.1 $139.2 $146.7 $154.5 $162.9 $171.6 Sales Tax 75.8 78.1 80.4 82.8 85.3 87.9 90.5 93.1 95.9 98.8 Transient
Occupancy
Tax

30.7 31.9 33.2 34.5 35.9 37.3 38.8 40.4 42.0 43.6
Franchise
Tax 5.8 6.0 6.2 6.5 6.8 7.0 7.3 7.6 7.9 8.2
Documentary
Transfer Tax 1.6 1.7 1.7 1.7 1.8 1.8 1.8 1.9 1.9 2.0
Licenses and
Permits 9.0 9.2 9.5 9.8 10.0 10.3 10.6 10.9 11.2 11.5
Fines and
Penalties 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.3
Interest
Income 9.4 9.9 10.3 10.5 10.2 9.7 9.2 9.3 9.3 9.4
Interest
Income –
Pension

2.2 2.3 2.4 2.5 2.6 2.7 2.8 3.0 3.1 3.2
Rents 18.7 18.6 19.3 18.5 20.8 20.8 21.2 21.6 22.0 23.2 Other
Services
Fees

49.5 48.6 49.8 50.9 52.1 53.3 54.6 55.8 57.1 58.4
Transfers
from Other
Funds

2.0 2.0 2.1 2.1 2.1 2.2 2.2 2.2 2.2 2.3
SVP Transfer 42.9 45.5 48.2 50.6 53.2 55.8 58.6 61.5 64.6 67.9 All Other
Revenues 5.6 2.1 2.1 2.2 2.2 2.2 2.3 2.3 2.4 2.4
Total
Revenues/
Transfers
$363.3 $371.2 $386.6 $400.3 $417.4 $432.5 $448.9 $466.4 $484.8 $504.8 Beginning
Fund Balance 13.9 14.2 14.9 15.4 16.0 16.6 17.2 17.8 18.4 19.1 Total
Sources $377.2 $385.4 $401.5 $415.7 $433.4 $449.1 $466.1 $484.2 $503.2 $523.9 % Change
from Prior Yr 2.2% 4.2% 3.5% 4.3% 3.6% 3.8% 3.9% 3.9% 4.1% 143
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
Sales tax and property tax comprise the largest individual sources of General Fund revenues, representing a combined $183.6 million in FY 2026/27, or approximately 50% of the total. These categories along with the Silicon Valley Power (SVP) Transfer account for slightly over 60% of the General Fund revenues.

Following is a discussion of the major General Fund revenue categories:

Property Tax
The Property Tax category includes Secured and Unsecured Property Taxes. The County of Santa Clara Office of the Assessor and the Controller-Treasurer Department meet quarterly with cities to review property tax revenue allocated to Santa Clara County cities. The Controller-Treasurer Department provides projections on the current year property tax receipts, including updates on the assessed valuation and estimates on anticipated adjustments made from property tax appeals. The current year estimates are used as the starting point in the forecast. The County Assessor’s Office also provides information to cities on a monthly basis on the status of the assessment roll for the upcoming year.

In FY 2026/27, property tax revenue is projected at $107.8 million and includes secured property tax of $104.5 million and unsecured property tax of $3.3 million. Assessed valuation growth on secured property is projected at 5.0% and reflects the annual inflation factor based on Consumer Price Index (2% increase in FY 2026/27), growth due to property sales, and a general allowance for new construction projects being added to the tax rolls. In the remaining years of the forecast, annual assessed valuation growth Property Tax,
$107.8 M,

29.7%
Sales Tax,
$75.8 M,

20.9%
SVP Transfer,
$42.9 M, 11.8%
Transient
Occupancy
Tax, $30.7 M,

8.5%
Other Services
Fees, $49.5 M,

13.6%
All Other
Revenues,
$56.6 M, 15.5%
FY 2026/27 General Fund Revenues
($363.3 Million)
Top 3 total
$226.5 M or
62% of
General
Fund
Revenue
144
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
ranging from 5.0% to 5.5% is projected. By the end of the forecast period, Property Tax receipts are projected to reach $171.6 million.

Secured Property Tax receipts include general secured property tax along with supplemental property tax (retroactive collections back to the point of sale for reassessments of value due to property resale), residual Redevelopment Agency (RDA) receipts, and excess Educational Revenue Augmentation Fund (ERAF) funds (under Proposition 98, a portion of property tax receipts are allocated to the ERAF beginning in 1992 and once there are sufficient funds in ERAF to fulfill the obligation to the school districts, excess funds are returned to the taxing entities that contributed the funding). The excess ERAF funds are projected at $8.0 million in FY 2026/27. The County of Santa Clara has indicated that approximately 18% of the ERAF receipts are at risk due to legal challenges regarding the allocation of these funds.

Given this risk, the ERAF funds in dispute are set aside in an ERAF Reserve in the General Fund. In FY 2026/27, the contribution to this reserve totals $1.4 million.

Unsecured Property Tax receipts are projected to increase 2% annually over the Forecast period.

Collections are expected to grow at an average annual rate of 5.3% over the forecast period.

Property Tax Actual and Projected Collections
$0.0
$20.0
$40.0
$60.0
$80.0
$100.0
$120.0
$140.0
$160.0
$180.0
$200.0 Millions
145
City of
Santa Clara
- J ,--1---1-
-1-- -t- -t- -I1-- - 1-- - 1-- 1-- 1-- 1-- 1-- 1-- - 1-- - 1-- - 1-- - 1-- - 1-- - I- FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
Sales Tax
Santa Clara’s sales tax collections are directly influenced by local, regional, national and international economic and business cycles. Because of this, sales tax collections are one of the most economically sensitive General Fund revenue sources. This category is also one of the most volatile with significant changes from year to year.

As shown in the chart below, sales tax collections are expected to total approximately $78 million in FY 2025/26, which is slightly below the $79.4 million received in FY 2024/25. Receipts experienced unusually high growth of 28.5% in FY 2024/25 due primarily to increases in the business-to-business sector.

Collections during the first two quarters of FY 2025/26 are down 2.5% but remain at historically high levels. This Forecast conservatively assumes that a portion of that growth is one-time in nature. Sales tax revenue is projected to decrease to $75.9 million in FY 2026/27. Annual growth of 3.0% is projected in the out years of the forecast as the sales tax growth rates normalize over this period. Based on these projections, annual collections will reach $98.8 million by FY 2035/36. These projections are informed by data provided by the City’s sales tax consultant.

Sales Tax Actual and Projected Collections
Note: FY 2016/17 includes a one-time true-up payment due to the unwinding of the State’s Triple Flip.

To provide context on how the City generates its sales tax revenues and the performance in recent years, the chart on the following page breaks out the sales tax per capita for the fourth quarter of each calendar $0.0
$20.0
$40.0
$60.0
$80.0
$100.0
$120.0 Millions
146
City of
Santa Clara
-
1-- 1-- - 1-- 1-- - 1-- I1-- 1-- - 1-- 1-- - 1-- 1-- - 1-- 1-- - 1-- I1-- - 1-- 1-- - 1-- 1-- - 1-- 1-- - 1-- 1-- - 1-- 1-- - 1-- 1-- - 1-- I- FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
year for the past five years, adjusted for inflation. As shown in the chart, the City’s largest sector is Business-to-Business, which has experienced significant growth in recent years.

Transient Occupancy Tax
Transient Occupancy Tax (TOT) is calculated as a percentage of City hotel/motel room charges. The City's current TOT rate is 13.5%. As with sales tax, TOT is sensitive to business cycles and can vary greatly from year to year based on occupancy levels and room rates. Prior to COVID-19, this category had experienced tremendous growth as shown in the TOT chart on the following page. With the COVID19 safety restrictions, TOT receipts plummeted at the end of FY 2019/20 and through FY 2020/21. Of all the City’s revenue categories, TOT was the most impacted by the pandemic. Collections over the last few years continue to make up the lost ground but remain below pre-COVID levels when factoring in the rate increases that have been implemented (from 9.5% to 13.5%).

In FY 2025/26, TOT collections are estimated at $32.0 million, well above the $27.0 million collected in FY 2024/25 due to additional one-time revenues associated with the Super Bowl and FIFA World Cup events. In FY 2026/27, TOT revenues are expected to normalize at $30.7 million and increase at an annual rate of 4.0% through the forecast period. By the end of the Forecast period, TOT receipts are projected to reach $43.7 million.
147
City of
Santa Clara
SantaOara
Ann ua Per Capita Sales Tax
AdjuslBd fo.- Inflation
(Constant 20,2.1 S)
■ Gs1eral Retail
fuod Product5
■ T ra l"ISJ]Ortation
■ CollStruction
■ Bus"ness To Business
■ Misc:eUanem.15
O>Unty Poo
1Casli1 Basis)
2021Q4 $426 20220.4 $451 2023Q4 $427 2024(M $484 2025Q4 $513 FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
Transient Occupancy Tax Actual and Projected Collections Other Taxes
Other Taxes include the Franchise Tax and Documentary Transfer Tax. The Franchise Tax revenues are projected at $5.8 million in FY 2026/27 with annual 4% increases in the out years of the Forecast. The Documentary Transfer Tax, which is imposed on the transfer of the title of real property, is projected at $1.6 million in FY 2026/27 with 2% annual increases in the out years of the Forecast.

Licenses and Permits
Licenses and Permits are projected to total $9.0 million in FY 2026/27, including business licenses at $6.15 million, fire permits at $2.06 million, parking permits at $738,000, and encroachment and miscellaneous permits at $45,000. Average annual growth of 2.8% is projected in the out years of the Forecast, with revenues reaching $11.5 million in FY 2035/36.

Fines and Penalties
Fines and Penalties are projected at $2.3 million in FY 2025/26 and throughout the Forecast period.

Interest Income
The City invests all funds not needed for current cash requirements in accordance with the City Councilapproved Investment Policy. These funds are invested in securities having a maximum maturity of five years. The factors that directly influence General Fund interest income include prevailing interest rates, the size of the portfolio and the relative percentage of the portfolio allocated to the General Fund. Based on the projected interest rates and cash balances, the General Fund is expected to receive $9.4 million $0.0
$5.0
$10.0
$15.0
$20.0
$25.0
$30.0
$35.0
$40.0
$45.0
$50.0 Millions
148
City of
Santa Clara
■
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
in interest in FY 2026/27. In the remaining years of the Forecast, interest earnings are projected to fluctuate annually primarily due to interest rate assumptions, ranging from $9.2 million to $10.5 million.

The City also receives earnings on its pension trust fund and these earnings are placed in the Pension Stabilization Reserve. These earnings are estimated at $2.2 million in FY 2026/27 and expected to reach $3.3 million by FY 2035/36.

Rents
The Rents category includes property rents and leases as well as right-of-way rental fees charged to the water, recycled water, and sewer utilities. In FY 2026/27, rent revenue is estimated to total $18.7 million, including $11.1 million from property rents and leases and $7.6 million from right-of-way rental fees. This category factors in projected lease revenue from the Related project ($1.0 million in FY 2026/27 increasing to $1.8 million in FY 2035/36; assumes Phase I of the project). This category also includes Stadium performance rent, which totals $2.6 million in FY 2026/27 and varies in the out years of forecast period from $0.3 million to $1.8 million. Growth projections for the out years of the Forecast are based on individual lease agreements. Rent revenue is projected to reach $23.2 million by FY 2035/36.

Other Services Fees
The Other Services Fees category includes fees charged for various City services provided by the departments of Community Development, Fire, Police, Parks and Recreation, and Public Works as well as cost allocation plan reimbursements and Stadium-related reimbursements. This category is estimated to generate $49.5 million in FY 2026/27, which is lower than FY 2025/26 due to the elimination of onetime Host Committee reimbursements for City costs related to the Super Bowl and FIFA World Cup events occurring in FY 2025/26. This category is expected to reach $58.4 million by FY 2035/36.

Transfers from Other Funds
The Transfers from Other Funds category totals $2.0 million in FY 2026/27 and includes the following: a transfer of $1.5 million from the Storm Drain Capital Fund to support storm drain operations; a transfer of $0.3 million from the Building Development Services Fund to cover a portion of the Code Enforcement costs and 50% of the cost of a Senior Management Analyst in the City Manager’s Office that supports development activity; and $0.2 million from the Electric Utility Fund to cover the cost of a Management Analyst in the Human Resources Department that will support SVP. In the out years of the Forecast, these transfers range from $2.0 million to $2.3 million.

Silicon Valley Power Transfer
In accordance with the City’s charter, Silicon Valley Power pays 5.0% of gross revenues to the General Fund. Contributions are estimated at $42.9 million in FY 2026/27 and increase to $67.9 million by FY 2035/36, growing at annual rates of 5% - 6%. Growth in this category is primarily driven by market projections for electric consumption, resources costs, and projected rate increases for the Electric Utility.

Beginning Fund Balance
Starting in FY 2026/27, the Forecast incorporates a Beginning Fund Balance estimate generated from prior year excess revenues and expenditure savings. This funding source totals $13.9 million in FY 149
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
2026/27 and increases to $19.1 million by FY 2035/36. These figures assume excess revenue of 2% annually and expenditure savings of 2% annually.

GENERAL FUND EXPENDITURES
Expenditures are projected to grow from $376.9 million in FY 2026/27 to $514.7 million by the end of the forecast period. FY 2026/27 expenditures are 8.7% above the FY 2025/26 Adopted Budget of $346.9 million primarily due to the higher salaries and wages, interfund services costs, transfers to other funds, and contributions to reserves.
2026/27 2027/28 2028/29 2029/30 2030/31 2031/32 2032/33 2033/34 2034/35 2035/36 $ m $ m $ m $ m $ m $ m $ m $ m $ m $ m
Salaries $158.3 $164.0 $171.1 $178.6 $184.5 $190.6 $197.1 $203.5 $210.2 $217.3 Retirement 68.3 71.0 75.4 76.8 79.7 80.9 83.2 83.1 84.2 84.6 Other Benefits 30.6 32.0 33.4 35.1 36.8 38.8 40.5 42.8 45.8 48.1 Sub-Total
Labor Costs $257.2 $267.0 $279.9 $290.5 $301.0 $310.3 $320.8 $329.4 $340.2 $350.0 Materials,
Services, &
Supplies

40.7 40.3 42.9 44.1 46.9 48.2 51.0 52.2 55.2 57.9
Interfund
Services 37.4 38.3 39.2 40.6 41.9 43.3 44.7 46.3 47.9 49.4 Capital Outlay 0.6 0.6 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8
Loans and
Transfers 22.0 22.2 22.9 23.6 24.3 24.2 23.2 23.8 24.5 25.2 Reserves/Fund
Balance 19.3 16.4 17.8 17.3 17.9 22.1 24.2 26.8 29.1 31.7 Sub-Total
Other Costs $120.0 $117.8 $123.5 $126.3 $131.7 $138.5 $143.8 $149.8 $157.4 $165.0 Total Uses $377.2 $384.8 $403.4 $416.8 $432.7 $448.8 $464.6 $479.2 $497.6 $515.0 % Change
from Prior Yr 2.0% 4.8% 3.3% 3.8% 3.7% 3.5% 3.1% 3.8% 3.5% 150
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
Labor Costs
Labor costs, which include salary, retirement and other benefit costs, are projected at $257.2 million in FY 2026/27. These costs are derived from a position-level analysis of City staffing, including actual salary and benefit information, negotiated salary and benefit adjustments for bargaining groups that have current Memorandums of Understanding with the City, projected adjustments for the out years of the forecast, and retirement information from the California Public Employees Retirement System (CalPERS) and the City’s actuary.

Over the Forecast period, these costs are projected to increase an average of 3.6% annually and reach $350.0 million by FY 2035/36.

Retirement Costs
Retirement costs represent one of the largest components of labor costs. The City contributes to CalPERS, which provides a defined benefit plan for participating public entities within the State of California. CalPERS offers a menu of benefit provisions that are established by State statutes within the Public Employee Retirement Law. The City selected its benefit provisions from the benefit menu by contract with CalPERS and adopted those benefits through local ordinance, following negotiations with employee bargaining groups.

Salaries, $158.3 M,

42.0%
Benefits, $98.9 M,

26.2%
NonPersonnel/Other,
$120 M, 31.8%
$257.2 M or
68% of
General
Fund
Expenditure
FY 2026/27 General Fund Expenditures by Type
($377.2 Million)
151
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
In FY 2026/27, pension costs are projected to be $68.3 million. By the end of the Forecast period, PERS expenditures are projected to reach $84.6 million and will account for an estimated 16% of General Fund expenditures.

On December 21, 2016, the CalPERS Board approved lowering the investment earnings assumption (discount rate) downward from 7.5% to 7.0% over a three-year period. This change increased rates beginning in Fiscal Year 2018/19. In February 2018, the CalPERS Board approved shortening the period over which actuarial gains and losses are amortized from 30 years to 20 years for new pension liabilities.

This policy became effective as of the June 30, 2019, CalPERS actuarial valuations. Beginning in FY 2022/23, the investment earnings assumption was lowered to 6.80% per year. In April 2024, the Board took action to modify the Funding Risk Mitigation Policy to remove the automatic change to the discount rate when the investment return exceeds the various thresholds. Rather than an automatic change to the discount rate, a board discussion would be placed on the calendar. Additional actions may be implemented in the future as part of a risk mitigation strategy to move to more conservative estimates over time to reduce volatility, including additional downward revisions to the discount rate.

Year-by-year pension rate projections are shown below. These projections incorporate rates provided by CalPERS and by the City’s actuary.
$0.0
$10.0
$20.0
$30.0
$40.0
$50.0
$60.0
$70.0
$80.0
$90.0 Millions
General Fund PERS Costs
Miscellaneous Safety
152
City of
Santa Clara
■ □
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
Materials, Services, Supplies
The materials, services and supplies budget for FY 2026/27 is $40.7 million, which is below the FY 2025/26 Adopted Budget level of $43.0 million. The budget reflects anticipated increases in costs and the elimination of one-time costs budgeted in FY 2025/26, including those that were carried over from FY 2024/25 to FY 2025/26. Expenditures are projected to reach $57.9 million by FY 2035/36. Certain costs occur every other year, such as election costs, and are reflected in those years. Starting in FY 2027/28, approximately $1.0 million in expenditures that have historically been budgeted in the capital budget are assumed to be shifted to the operating budget due to the nature of these expenditures (street tree services; storm drain repairs and maintenance; and storm drain pump station motor and control maintenance, repair and replacement).

Interfund Services
Interfund services include the General Fund contribution to several internal service funds, including Communications Acquisitions, Fleet Operations, Information Technology Services, Special Liability Insurance, Unemployment Insurance, Vehicle Replacement, and Workers’ Compensation. In FY 2026/27, these costs are estimated at $37.4 million and increase to $49.4 million by FY 2035/36. These estimates are based on an evaluation of the activity levels in each internal service fund.

Capital Outlay
The Capital Outlay category accounts for equipment with a unit cost of $1,000 or more and an estimated useful life of over one year or minor capital improvements. This category totals $0.6 million in FY 2026/27 and primarily includes ongoing costs shifted from the capital budget for personal protective equipment, defibrillator replacement, and thermal image camera replacement for the Fire Department. Expenditures are projected to reach $0.8 million by FY 2035/36.

Loans and Transfers
This category includes debt service payments, transfers to the Cemetery Fund, transfers to capital funds and the Public Works Capital Project Management Fund to cover Public Works capital project delivery costs, the City’s contributions to parking maintenance and Convention Center maintenance, and loan repayments. Starting in FY 2026/27, this category also includes annual transfers to a new Infrastructure Replacement Capital Fund equal to 3% of budgeted expenditures (excluding reserves) to address deferred infrastructure needs. These transfers total $10.4 million in FY 2026/27 and increase to $14.0 million by FY 2035/36.

Loans and Transfers are estimated at $22.0 million in FY 2026/27 and increase to $25.2 million by FY 2035/36. This category does not reflect the one-time funds transferred from the General Fund Capital Projects Reserve to support capital projects.

Reserves/Fund Balance
This category, which includes contributions to various reserves and the ending fund balance, totals $19.3 million in FY 2026/27 and increases to $31.7 million by FY 2035/36. 153
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST
 Property Tax Education Revenue Augmentation Fund (ERAF) Reserve – As discussed in the Property Tax revenue section above, excess ERAF funds are projected at $8.0 million in FY 2026/27.

The County of Santa Clara has indicated that approximately 18% of the ERAF receipts are at risk due to legal challenges regarding the allocation of these funds. Given this risk, the ERAF funds in dispute are set aside in an ERAF Reserve in the General Fund. In FY 2026/27, the annual contribution to this reserve totals $1.4 million and increases to $2.3 million by FY 2035/36. With the annual contribution, this reserve is budgeted to end FY 2026/27 at $9.4 million.  Capital Projects Reserve – This reserve is set aside to fund the portion of the City’s Capital Improvement Program (CIP) that has no other funding sources to support it. The projects funded from this reserve address basic City infrastructure replacements/repairs, facility enhancements, and unanticipated needs. The Council adopted a policy in FY 1996/97 to maintain a minimum of $5.0 million in the Capital Projects Reserve (CPR). Starting in FY 2025/26, annual contributions to the CPR were incorporated into the Forecast. In FY 2026/27, the contribution to the CPR totals $4.0 million and varies by year throughout the Forecast with a contribution of $13.0 million in FY 2035/36.

These annual contributions along with the transfers to the new Infrastructure Replacement Capital Fund provide ongoing funding to address the City’s capital infrastructure needs.  Budget Stabilization Reserve – During FY 1985/86, the City Council established a policy regarding use of the City’s General Contingency Reserve funds. Under that policy, a Budget Stabilization Reserve (formerly known as the Working Capital Reserve) was established. The Budget Stabilization Reserve (BSR) is set aside to protect vital General Fund services through economic downturns, emergency financial crisis, or disaster situations. The reserve target is equal to the expenditures of the City’s General Fund operations for three months (90-days or 25% of budgeted appropriations).

The Forecast assumes contributions to the BSR to keep the reserve at 25% of budgeted expenditures. The contribution totals $2.5 million in FY 2026/27 and varies throughout the forecast period.
 Pension Stabilization Reserve – This reserve has a targeted annual contribution that would fund 1% of the City’s unfunded pension liability annually to address the City’s pension unfunded accrued liability. This Forecast assumes an annual contribution of $4.8 million.

As discussed above, the City receives earnings on its pension trust fund and these earnings are placed in the Pension Stabilization Reserve. These earnings are estimated at $2.2 million in FY 2026/27 and expected to reach $3.3 million by FY 2035/36.  Position Restorations Reserve – Given the improvement in the Forecast, funding is set aside to restore positions that were frozen in prior years to address budget shortfalls. These restorations would be considered in FY 2026/27 or during the development of the Proposed FY 2027/28 and FY 2028/29 Operating Budget in conjunction with departmental organizational reviews.The Reserve totals $3.0 million in FY 2026/27 and increases to $4.3 million in FY 2035/36.  Unrestricted Ending Fund Balance – Funding is set aside in the Unrestricted Fund Balance to address any higher than anticipated costs that occur during the year. The contribution totals $1.2 million in FY 2026/27 and $1.0 million annually through the remaining years of the Forecast. 154
FY 2027-2036 TEN-YEAR GENERAL FUND FINANCIAL FORECAST

CONCLUSION
The Forecast provides policy makers, the public, and City staff an updated assessment of the City’s financial condition that considers the latest projections of economic conditions. It serves as a starting point in the budget development process by providing the necessary context for making budget decisions.

The Forecast also identifies known risk factors and vulnerabilities, and it provides a foundation for evaluating priorities and understanding trade-offs moving forward.

The Ten-Year General Fund Forecast shows significant improvement from the last forecast with small surpluses in most years due to stronger revenue growth. With this improvement, the Forecast incorporates contributions equivalent to three percent of General Fund expenditures into a new sinking fund for capital infrastructure replacement. This Forecast also includes a new Reserve for Position Restorations that will be available to unfreeze positions that were previously frozen to address budget shortfalls as well as annual contributions to the Pension Stabilization Reserve.

This Forecast serves as a strategic planning tool to help meet the City’s long-term goal to plan for additional fiscal capacity and bring forward sustainable funding strategies to address these unmet cost elements.
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Statements of Sources
and Uses of Funds
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General Fund
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O F F UN D S

GENERAL FUND
The General Fund is the primary fund of the City that is used to account for all revenues and expenses that are not restricted by law or policy to be accounted for in another fund. The General Fund supports many of the most visible and essential City services including libraries, parks, police, and fire protection. The General Fund also includes many departments that provide central services including the City Manager, City Attorney, City Clerk, Mayor and City Council, Finance, and Human Resources offices and departments.

General Fund Sources
General Fund sources total $580.6 million in the FY 2026/27 Amended Budget and consist of $217.9 million in fund balance estimated to be carried over from FY 2025/26, $360.7 million in revenue, and $2.0 million in transfers from other funds. The total sources are up $68.5 million from the FY 2026/27 Adopted Budget. This change reflects an increase in the beginning fund balance ($46.2 million) and an increase in revenues and transfers ($22.3 million). The increase in the beginning fund balance is primarily due to the allocation of the balance from the close out of FY 2024/25 to the Capital Projects Reserve, the Land Sale Reserve, the Pension Stabilization Reserve, and the Accrued Liability Reserve as well as the carryover of unrestricted fund balance from FY 2025/26. The growth in revenues primarily reflects increases in Sales Tax, Transient Occupancy Tax, Interest Earnings, and the SVP Transfer. As part of the budget process, estimates are developed for each line item, taking into consideration activity projections, historical trends, and the economic environment.

The table below summarizes the projected sources of General Fund revenues and transfers in this budget.

Funding Source
FY 2024/25
Actual
FY 2025/26
Amended
FY 2025/26
Estimate
FY 2026/27
Adopted
FY 2026/27
Change
FY 2026/27
Amended
Property Tax 95,931,933 101,181,000 101,181,000 106,018,000 1,779,000 107,797,000 Sales Tax 79,352,441 65,850,000 75,850,000 67,806,000 8,044,000 75,850,000 Transient Occupancy Tax 26,992,990 27,500,000 27,500,000 28,600,000 2,080,000 30,680,000 Franchise Fees 5,445,191 5,600,000 5,600,000 5,824,000 (56,000) 5,768,000 Documentary Transfer
Tax 1,573,371 1,600,000 1,600,000 1,632,000 - 1,632,000 Licenses and Permits 10,094,708 9,074,000 9,074,000 9,295,000 (304,000) 8,991,000 Rents and Leases 25,309,117 16,952,691 16,952,691 17,840,231 850,220 18,690,451 Other Services Fees 47,784,717 59,373,853 59,373,853 51,011,000 (1,543,678) 49,467,322 State/Other Agencies 5,465,671 1,073,764 1,073,764 580,000 180,000 760,000 Fines and Penalties 2,430,877 1,557,000 2,457,000 1,557,000 750,000 2,307,000 Interest 9,354,848 6,247,000 9,247,000 6,375,000 3,025,000 9,400,000 Interest – Pension Trust 3,035,553 - - - 2,171,000 2,171,000 SVP Transfer 38,881,781 37,275,000 37,275,000 39,139,000 3,791,000 42,930,000 Other Revenue 6,984,706 4,097,444 4,097,444 3,063,773 1,149,190 4,212,963 Revenue Subtotal 358,637,904 337,381,752 351,281,752 338,741,004 21,915,732 360,656,736 Transfers From 3,655,261 10,382,193 10,382,193 1,661,271 339,192 2,000,463 Total Revenues/
Transfers 362,293,165 347,763,945 361,663,945 340,402,275 22,254,924 362,657,199 161
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O F F UN D S
The largest economically sensitive revenue categories (property tax, sales tax, and transient occupancy tax) account for approximately 60% of General Fund revenues. Following is a discussion of these categories as well as other major General Fund revenue categories.

Property Tax
Property tax is the largest revenue source for the
City, representing approximately 30% of revenues.

Under Proposition 13, the assessed valuation of
properties held by the same owner from year to
year is adjusted each year by the lesser of 2.0% or
the percent change in the annual California
Consumer Price Index (CCPI). For FY 2026/27, the
adjustment factor based on CCPI is 2.0%. Beyond
the inflation adjustment, growth in property tax
receipts is driven by reassessments upon the sale
of properties and new construction projects being
added to the tax rolls. In FY 2026/27, assessed
valuation growth on secured property is projected
at 5.0%.

In FY 2026/27, property tax revenue is projected at $107.8 million and includes secured property tax of $104.5 million and unsecured property tax of $3.3 million. Secured Property Tax receipts include general secured property tax along with supplemental property tax (retroactive collections back to the point of sale for reassessments of value due to property resale), residual Redevelopment Agency (RDA) receipts, and excess Educational Revenue Augmentation Fund (ERAF) funds (under Proposition 98, a portion of property tax receipts are allocated to the ERAF beginning in 1992 and once there are sufficient funds in ERAF to fulfill the obligation to the school districts, excess funds are returned to the taxing entities that contributed the funding). The excess ERAF funds are projected at $8.0 million in FY 2026/27. The County of Santa Clara has indicated that approximately 18% of the ERAF receipts are at risk due to legal challenges regarding the allocation of these funds. Given this risk, the ERAF funds in dispute are set aside in an ERAF Reserve in the General Fund. In FY 2026/27, the contribution to this reserve totals $1.4 million.

Unsecured property tax is assessed on personal property that is tangible or moveable and is not attached to real estate (e.g., office equipment, planes, boats). Unsecured property tax receipts are projected to increase 2% in FY 2026/27 to $3.3 million.

Santa Clara
Unified
School
District,
$38.36
County of
Santa Clara,
$18.70
County Office
of Education,
$3.97
City of
Santa
Clara, $10.17
West Valley
College,
$11.09
Other Special
Districts,
$2.51
ERAF (Other
School
Districts),
$15.20
Property Tax Distribution per $100 Collected
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O F F UN D S
Sales Tax
Sales tax is General Fund’s second largest revenue.

The City's current sales tax rate is 9.125%, of which
the City of Santa Clara receives 1%. Santa Clara’s
sales tax collections are directly influenced by local, regional, national, and international economic and
business cycles and are therefore one of the most
volatile General Fund revenues. Receipts
experienced unusually high growth of 28.5% in FY
2024/25 due primarily to increases in the business-tobusiness sector. Collections during the first two quarters of FY 2025/26 are down 2.5% but remain at
historically high levels. The budget conservatively
assumes that a portion of that growth is one-time in
nature. Sales tax revenue is projected to decrease to
$75.9 million in FY 2026/27.

Transient Occupancy Tax
Transient Occupancy Tax (TOT) is calculated as a percentage of City hotel/motel room charges. The City's current TOT rate is 13.5%. As with sales tax, TOT is sensitive to business cycles and can vary greatly from year to year based on occupancy levels and room rates. Prior to COVID-19, this category had experienced tremendous growth. With the COVID-19 safety restrictions, TOT receipts plummeted at the end of FY 2019/20 and through FY 2020/21. Collections over the last few years continue to make up the lost ground but remain below pre-COVID levels when factoring in the rate increases that have been implemented (from 9.5% to 13.5%).

In FY 2026/27, TOT revenues are projected at $30.7 million.

Franchise Tax and Documentary Transfer Tax
The Franchise Tax revenues are projected at $5.8 million in FY 2026/27. The Documentary Transfer Tax, which is imposed on the transfer of the title of real property, is projected at $1.6 million in FY 2026/27.

Rents and Leases
The Rents category includes property rents and leases as well as right-of-way rental fees charged to the water, recycled water, and sewer utilities. In FY 2026/27, rent revenue is estimated to total $18.7 million, including $11.1 million from property rents and leases and $7.6 million from right-of-way rental fees. This category factors in projected lease revenue from the Related project ($1.0 million in FY 2026/27; assumes Phase I of the project).

This category also includes Stadium performance rent, which totals $2.6 million in FY 2026/27.

Statewide
Sales Tax,
$6.00
Santa Clara
County
(Including
VTA), $2.00
Caltrain,
$0.125 City of
Santa
Clara, $1.00
Sales Tax Distribution per $100 Collected
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O F F UN D S
Other Services Fees
The Other Services Fees category includes fees charged for various City services provided by the departments of Community Development, Fire, Police, Parks and Recreation, and Public Works as well as cost allocation plan reimbursements and Stadium-related reimbursements. This category is estimated to generate $49.5 million in FY 2026/27, which is lower than FY 2025/26 due to the elimination of one-time Host Committee reimbursements for City costs related to the Super Bowl and FIFA World Cup events occurring in FY 2025/26.

Silicon Valley Power Transfer
In accordance with the City’s charter, Silicon Valley Power pays 5.0% of gross revenues to the General Fund.

Contributions are estimated at $42.9 million in FY 2026/27. Growth in this category is primarily driven by market projections for electric consumption, resources costs, and any retail rate increase assumed for the Electric Utility.

Transfers From
The Transfers from Other Funds category totals $2.0 million in FY 2026/27 and includes the following: a transfer of $1.5 million from the Storm Drain Capital Fund to support storm drain operations; a transfer of $0.3 million from the Building Development Services Fund to cover a portion of the Code Enforcement costs and 50% of the cost of a Senior Management Analyst in the City Manager’s Office that supports development activity; and a transfer of $0.2 million from the Electric Utility Fund to cover the cost of a Management Analyst position that is proposed to be added to the Human Resources Department to support SVP.

Unrestricted Beginning Fund Balance
The Budget incorporates an Unrestricted Beginning Fund Balance estimate generated from prior year excess revenues and expenditure savings. An additional $13.9 million is assumed in FY 2026/27 (bringing the total to $16.6 million when factoring in the existing budgeted fund balance). The additional fund balance assumes excess revenue of 2% and expenditure savings of 2%.
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O F F UN D S
General Fund Uses
Overall, General Fund uses total $580.6 million in the FY 2026/27 Amended Budget. Of this amount, $335.9 million accounts for operational expenditures, $29.5 million represents transfers to other funds, and $215.2 million represents fund balance and reserves. The following table summarizes the General Fund expenditures and transfers.

The following table summarizes the General Fund expenditures and transfers.

Expenditures
FY 2024/25
Actual
FY 2025/26
Amended
FY 2025/26
Estimate
FY 2026/27
Adopted
FY 2026/27
Change
FY 2026/27
Amended
Salaries 136,679,640 152,878,502 152,878,502 157,324,621 960,355 158,284,976 Retirement – Safety 38,646,509 43,536,599 43,536,599 47,788,803 (727,598) 47,061,205 Retirement – Misc. 20,188,415 22,001,462 22,001,462 21,193,816 49,973 21,243,789 Other Benefits 22,859,214 27,724,398 27,724,398 30,130,802 467,886 30,598,688 Materials/Services/
Supplies 34,826,213 42,670,807 42,670,807 40,019,213 693,486 40,712,699 Interfund Services 30,493,941 34,655,176 34,655,176 35,486,918 1,897,455 37,384,373 Capital Outlay 172,590 877,292 877,292 565,600 64,700 630,300 Total Expenditures 283,866,522 324,344,236 324,344,236 332,509,773 3,406,257 335,916,030 Transfers To 29,398,367 38,767,419 38,767,419 10,462,744 19,040,034 29,502,778 Total Expenditures
and Transfers To 313,264,889 363,111,655 363,111,655 342,972,517 22,446,291 365,418,808 As a public service organization focused on delivering high-quality services to our community, labor costs reflect the highest level of investment at 70% of the expenditure budget. Following is a discussion of the General Fund expenditure categories.

Salaries and Benefits
The expenditures in this category account for full-time and part-time salaries, retirement, health, social security, other employer benefits, and overtime costs. The FY 2026/27 Amended Budget factors in the latest negotiated salary adjustments known at the time the budget was developed and updated retirement and benefit costs.

Salaries and benefits total $257.2 million in the FY 2026/27 Amended Budget. This also includes funding for position changes associated with organizational reviews and other analyses conducted for various departments.

These actions are described in the Appendices Section of the document.

The City of Santa Clara participates in the California Public Employees’ Retirement System (CalPERS) under the Miscellaneous Retirement Plan and the Safety Retirement Plan. In the FY 2026/27 Amended Budget, retirement costs in the General Fund are budgeted at $47.1 million for Safety employees and $21.2 million for Miscellaneous employees. These figures reflect the latest information from CalPERS on the rates for FY 2026/27.
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O F F UN D S
Materials, Services, and Supplies
The FY 2026/27 Amended Budget totals $40.7 million for materials, services, and supplies. This budget reflects Base Budget adjustments to account for the updated cost of providing existing services in FY 2026/27, the removal of one-time funding approved for FY 2025/26, and FY 2026/27 proposed budget actions.

Interfund Services
Interfund services are citywide in nature and funded through internal service funds (Information Technology Department services, special liability fund, workers' compensation, Public Works capital project management, vehicle equipment and maintenance, fleet purchases, and communications equipment) that are apportioned to City Departments and funds. This category totals $37.4 million in the FY 2026/27 Amended Budget.

Transfers to Other Funds
This category includes transfers to other funds to support capital projects, the City’s share of assessment district costs, other services, and debt payments. The FY 2026/27 Amended Budget for this category totals $29.5 million, including $21.8 million for capital projects, $3.1 million for Public Works Capital Project Management, $1.4 million for debt payments, $1.3 million for assessment district payments, $1.0 million for the Cemetery Fund, and $0.9 million for other services. Starting in FY 2026/27, funding equivalent to 3% of General Fund expenditures is transferred to a new Infrastructure Replacement Capital Fund.

General Fund Reserves
The General Fund includes several reserves established by City Council policy or to segregate restricted revenues. Additional detail regarding reserve policies can be found in the Budget and Fiscal Policies section of this document.

Budget Stabilization Reserve
This reserve is used as an allocation for weathering economic downturns, emergency financial crises or disaster situations. Per Council policy, the Budget Stabilization Reserve (BSR) target is equal to the cost of the City’s General Fund operations for three months, or 25% of the expenditure budget. In the FY 2026/27 Amended Budget, the BSR is set at $84.0 million, or 25.0% of expenditures (excluding transfers).

Capital Projects Reserve
The Capital Projects Reserve (CPR) earmarks funds for the Capital Improvement Program (CIP). The minimum target for this reserve is $5.0 million. The Proposed CIP assumes the use of $12.9 million of the CPR to fund high priority projects, reducing the FY 2026/27 ending balance to $12.5 million. 166
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O F F UN D S
Land Sale Reserve
The City Council established the Land Sale Reserve with net proceeds from the sale of City-owned land. The Land Sale Reserve has a projected ending balance of $18.6 million for FY 2026/27 and is available for appropriation by City Council action.

Advanced Planning Fee Reserve
The advanced planning fee is collected as a portion of planning and building fees. These funds are set aside for long-range planning activities. The Advanced Planning Reserve has a projected ending balance of $6.0 million in FY 2026/27. Starting in FY 2023/24, this reserve funds 1.0 Senior Planner.

Technology Fee Reserve
The Technology Fee Reserve sets aside the technology fee revenue collected with the development fees and other applicable fees. This reserve is used to fund Accela licensing costs and other technology improvements for the fee programs that assess this fee. This reserve also funds a total of 1.4 Business Analyst positions. The Technology Fee Reserve has a projected ending balance of $2.4 in FY 2026/27.

Other Reserves
By Council Policy, other reserves are set aside in the General Fund including the Pension Stabilization Reserve.

For FY 2026/27, the Pension Stabilization Reserve is projected to total $49.2 million and reflects an increase of $7.0 million, which includes a contribution of $4.8 million that is equivalent to one percent of the unfunded liability, as well as a contribution of $2.2 million to allocate the projected pension trust interest earnings. The FY 2026/27 Amended Budget also includes the following: a Development Fee Reserve ($1.5 million); a Property Tax Education Revenue Augmentation Fund (ERAF) Reserve ($9.4 million) to set aside the portion of the excess ERAF property tax receipts that are subject to legal challenge; a new Position Restoration Reserve ($3.0 million) to provide funding to restore positions previously frozen to address budget shortfalls; a Reserve for Future Budget Balancing ($6.7 million) to ensure funds are available to address potential budget shortfalls; and an Accrued Liability Reserve ($3.8 million).
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O F F UN D S
GENERAL FUND | GENERAL FUND (001)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 6,162,368 5,816,859 5,816,859 6,162,368 5,816,859 Budget Stabilization Reserve 54,299,297 68,933,228 68,933,228 80,900,000 81,450,116 Capital Projects Reserve 23,860,843 7,834,572 7,834,572 8,834,572 21,383,432 Reserve for Programmed Capital Projects 986,657 5,607,871 5,607,871 2,976,438 2,976,438 Development Fee Program Reserve 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 Advanced Planning Fee 5,422,634 6,574,046 6,574,046 4,919,795 6,227,179 Technology Fee Reserve 2,564,774 3,018,733 3,018,733 2,355,271 2,827,685 Land Sale Reserve 18,481,036 12,678,088 12,678,088 10,343,105 18,561,159 Pension Stabilization Reserve 29,226,847 37,546,640 37,546,640 34,606,759 42,146,233 Property Tax ERAF Reserve 4,823,000 6,744,337 6,744,337 7,942,597 7,942,597 Historical Preservation Reserve 96,105 0 0 0 0
FY 2023/24 Budget Balancing Reserve 431,789 0 0 0 0
Restricted for Pre-Payments 93,892 19,278 19,278 0 0
Accrued Liability Reserve 1,882,000 3,802,000 3,802,000 1,882,000 3,802,000 Reserve for FY 2026/27 Budget Balancing 0 0 0 6,698,718 6,698,718 Unrestricted 20,518,815 59,302,681 59,302,681 2,605,262 16,598,207 Total Beginning Fund Balance 170,350,057 219,378,333 219,378,333 171,726,885 217,930,623 Revenue
Property Taxes - Secured 92,662,544 97,993,000 97,993,000 102,766,000 104,545,000 Property Taxes - Unsecured 3,269,389 3,188,000 3,188,000 3,252,000 3,252,000 Sales Tax 78,519,399 65,000,000 75,000,000 66,950,000 75,000,000 Public Safety Sales Tax 833,042 850,000 850,000 856,000 850,000 Documentary Transfer Tax 1,573,371 1,600,000 1,600,000 1,632,000 1,632,000 Transient Occupancy Tax 26,992,990 27,500,000 27,500,000 28,600,000 30,680,000 Franchise Taxes 5,445,191 5,600,000 5,600,000 5,824,000 5,768,000 Rents 25,309,117 16,952,691 16,952,691 17,840,231 18,690,451 State Revenues 369,066 322,000 322,000 322,000 360,000
Other Agencies Revenues 5,096,605 751,764 751,764 258,000 400,000 Licenses and Permits 10,094,708 9,074,000 9,074,000 9,295,000 8,991,000 Fines and Penalties 2,430,877 1,557,000 2,457,000 1,557,000 2,307,000 Other Fees for Services 47,784,717 59,373,853 59,373,853 51,011,000 49,467,322 Interest 9,354,848 6,247,000 9,247,000 6,375,000 9,400,000 Interest - Pension Trust 3,035,553 0 0 0 2,171,000
Silicon Valley Power Transfer 38,881,781 37,275,000 37,275,000 39,139,000 42,930,000 Other Revenue 6,984,706 4,097,444 4,097,444 3,063,773 4,212,963 Total Revenue 358,637,904 337,381,752 351,281,752 338,741,004 360,656,736 168
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GENERAL FUND | GENERAL FUND (001)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Transfers From
Building Development Services Fund 190,927 198,238 198,238 205,506 319,578 Building Special Programs and Training Fund 1,492 1,765 1,765 1,765 1,765 Electric Utility Fund 383,129 0 0 0 225,120
Fire Department Capital Fund 0 18,764 18,764 0 0
General Government Capital Fund 84,237 9,984 9,984 0 0
Other City Departments Operating Grant Trust
Fund
1,364,581 359,768 359,768 0 0
Parks and Recreation Capital Fund 2,642 8,137,931 8,137,931 0 0 Public Works Capital Projects Mgmt Fund 162,677 201,743 201,743 0 0 Storm Drain Capital Fund 1,454,000 1,454,000 1,454,000 1,454,000 1,454,000 Streets and Highways Capital Fund 11,576 0 0 0 0
Total Transfers From 3,655,261 10,382,193 10,382,193 1,661,271 2,000,463 Total Source of Funds 532,643,222 567,142,278 581,042,278 512,129,160 580,587,822 Expenditures
Salaries 136,679,640 152,878,502 152,878,502 157,324,621 158,284,976 Retirement - Safety 38,646,509 43,536,599 43,536,599 47,788,803 47,061,205 Retirement - Miscellaneous 20,188,415 22,001,462 22,001,462 21,193,816 21,243,789 Other Benefits 22,859,214 27,724,398 27,724,398 30,130,802 30,598,688 Materials/Services/Supplies 34,826,213 42,670,807 42,670,807 40,019,213 40,712,699 Interfund Services 30,493,941 34,655,176 34,655,176 35,486,918 37,384,373 Capital Outlay 172,590 877,292 877,292 565,600 630,300
Total Expenditures 283,866,522 324,344,236 324,344,236 332,509,773 335,916,030 Transfers To
Building Development Services Fund 0 122,258 122,258 152,923 335,056 Cemetery Fund 823,000 1,078,109 1,078,109 1,146,087 976,306 Cemetery Capital Fund 4,689 0 0 0 0
Convention Center Enterprise Fund 0 428,400 428,400 0 448,195 Convention Center Maintenance District Fund 840,546 940,109 940,109 1,010,876 1,163,014 Downtown Parking Maintenance District Fund 137,000 139,384 139,384 146,783 143,012 Expendable Trust Fund 96,105 0 0 0 0
Fire CUPA Fund 392,826 0 0 0 0
Fire Department Capital Fund 1,506,700 448,693 448,693 29,075 31,000 Fire Operating Grant Trust Fund 553,769 993,392 993,392 0 0 169
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GENERAL FUND | GENERAL FUND (001)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Transfers To
General Government Capital Fund 2,761,524 3,370,303 3,370,303 12,183 3,250,000 Infrastructure Replacement Capital Fund 0 0 0 0 10,420,000 Library Department Capital Fund 471,848 21,804 21,804 22,365 0 Parks and Recreation Capital Fund 11,038,805 1,190,489 1,190,489 571,630 489,000 Parks and Recreation Operating Grant Fund 21,851 7,702 7,702 27,445 17,150 Patrick Henry Drive Infrastructure Improvement Fund 4,266 0 0 0 0 Police Operating Grant Trust Fund 0 5,910 5,910 0 0
Public Buildings Capital Fund 2,438,101 21,522,511 21,522,511 192,343 1,103,200 Public Facilities Financing Corporation Fund 1,405,940 1,406,979 1,406,979 1,400,579 1,400,579 Public Works Capital Project Mgmt Fund 0 0 0 0 3,086,840 Solid Waste Fund 102,564 102,564 102,564 102,564 102,564 Sports and Open Space Authority Fund 10,200 10,404 10,404 10,612 12,000 Storm Drain Capital Fund 2,525,765 660,357 660,357 1,984,236 3,799,000 Streets and Highways Capital Fund 4,065,951 3,679,651 3,679,651 3,653,043 2,725,862 Vehicle Replacement Fund 196,917 374,000 374,000 0 0
Water Utility Capital Fund 0 2,264,400 2,264,400 0 0
Total Transfers To 29,398,367 38,767,419 38,767,419 10,462,744 29,502,778 Ending Fund Balance
Encumbrance Carryover 5,816,859 5,816,859 5,816,859 6,162,368 5,816,859 Budget Stabilization Reserve 68,933,228 81,450,116 81,450,116 83,245,000 83,967,116 Capital Projects Reserve 7,834,572 21,383,432 21,383,432 10,834,572 12,531,732 Reserve for Programmed Capital Projects 5,607,871 2,976,438 2,976,438 0 8,394,500 Development Fee Program Reserve 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 Advanced Planning Fee 6,574,046 6,227,179 6,227,179 4,656,155 5,960,838 Technology Fee Reserve 3,018,733 2,827,685 2,827,685 2,202,348 2,442,629 Land Sale Reserve 12,678,088 18,561,159 18,561,159 10,343,105 18,561,159 Pension Stabilization Reserve 37,546,640 42,146,233 42,146,233 34,606,759 49,164,233 Property Tax ERAF Reserve 6,744,337 7,942,597 7,942,597 9,200,770 9,389,977 Position Restoration Reserve 0 0 0 0 3,000,000
Restricted for Pre-Payments 19,278 0 0 0 0
Accrued Liability Reserve 3,802,000 3,802,000 3,802,000 1,882,000 3,802,000 Reserve for Future Budget Balancing 0 6,698,718 6,698,718 0 6,698,718 Unrestricted 59,302,681 2,698,207 16,598,207 4,523,566 3,939,253 Total Ending Fund Balance 219,378,333 204,030,623 217,930,623 169,156,643 215,169,014 Total Use of Funds 532,643,222 567,142,278 581,042,278 512,129,160 580,587,822 170
Special Revenue
Funds and Other Funds
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SPECIAL REVENUE FUNDS AND OTHER FUNDS
Special Revenue Funds are established to account for specific revenue sources that are legally restricted or committed to particular purposes. The City of Santa Clara has various revenue sources that require separate Special Revenue Funds to be set up. The Other Funds relate to special assessments funds.

Bridge Maintenance District #2 Fund (463)
The Bridge Maintenance District #2 Fund sets aside revenue received through the apportionment of secured property tax as well as the Redevelopment Agency (RDA) revenue distribution. This funding is then transferred to the Streets and Highways Capital Fund to cover costs associated with the Bridge Maintenance Program project.

Building Development Services Fund (155)
The Building Development Services Fund was established in FY 2021/22 to account for building development-related fee revenue and associated building development services costs. The Building-related revenues and expenditures were previously reflected in the General Fund.

Building Special Programs and Training Fund (220)
This fund was formerly the Certified Access Specialist (CASp) Certification and Training Fund but was retitled to incorporate additional changes to the fund starting in FY 2021/22. The fund now incorporates Building Seismic/Strong Motion Fees and Building Standard Fees, in addition to CASp fees. All three revenue streams are related to Statemandated building permit fee surcharges (Building Standard and Seismic) or from the City’s business license tax (CASp) and are for specific uses such as updating building code manuals or training related to updates in accessibility designs.

City Affordable Housing Fund (165)
The City Affordable Housing Fund accounts for the City’s Below-Market Price Purchase Program, which helps low- and moderate-income families achieve the goal of homeownership. This fund promotes and facilitates the construction and retention of affordable housing, fulfilling State mandates to produce housing for all income levels. Revenues in the City Affordable Housing Fund are received from developer in-lieu fees, principal, and interest repayments on housing loans, as well as interest income on pooled investments.

Community Facilities District No. 2019-1 (Lawrence Station) Fund (027) A resolution was adopted by Council in March 2019 to form a new Community Facilities District Fund (CFD) to finance maintenance of roadways, parks, parking spaces and enforcement, landscaped parkways and medians, trails, a highway overpass and a community clubhouse and garden located within the development at Lawrence Station. In accordance with the resolution, a special tax is levied on the properties located within the CFD. These special taxes are used to fund the authorized public services. Pursuant to Report to Council 19-249, the Fund also maintains funding necessary to replace facilities near end-of-service life (straight line depreciation of 15 years) in a capital reserve of 20%.

The property assessments increase annually by the Consumer Price Index (CPI).

Convention Center Maintenance District Fund (026)
This fund provides maintenance and landscaping to the common grounds within the Santa Clara Convention Center Complex. Funds are received by means of a Special Benefits Assessment levied against the property owners in the district.
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Developer Traffic Payments Fund (124)
This fund was established in FY 2020/21 and is managed by the Department of Public Works. The Developer Traffic Payments Fund is funded by developer contributions collected for specific jurisdictions and locations. Funding is allotted to non-City agencies for eligible projects or transfers to a capital project. Prior to FY 2022/23, this fund was titled the “Traffic Fair Share Fund”.

Downtown Parking Maintenance District Fund (025)
The purpose of the Downtown Parking Maintenance District is to maintain the grounds of the Franklin Square complex.

The Franklin Square complex is bounded by Monroe Street to the west, Jackson Street to the east, Benton Street to the north, and Homestead Road to the south. Maintenance of the landscape infrastructure is paid for by the General Fund. Extraordinary repairs to the asphalt parking lot and concrete walkways are funded by property owner assessments that are capped at $14,200 per year.

Endowment Care Fund (077)
This fund holds the non-expendable fees collected from cemetery patrons. Interest earned on the fund balance is used to support the ongoing maintenance of the cemetery.

Engineering Operating Grant Trust Fund (144)
This fund accounts for revenues received from other governmental agencies that are designated for specific uses in the Community Development Department. Grants are appropriated as they are received by the Department and approved by the City Council.

Expendable Trust Fund (079)
The Expendable Trust Fund accounts for assets held in a trustee capacity where the principal and income may be expended in the course of the fund’s restricted/designated operations. Funds are appropriated as they are received by departments and approved by the City Council.

Fire Certified Unified Program Agency (CUPA) Fund (159) The Fire CUPA Fund accounts for revenues and expenditures related to the Certified Unified Program Agency (CUPA) programs managed by the Fire Department, including hazardous materials permitting, inspections, and regulatory compliance activities associated with development and non-development activities.

Fire Development Services Fund (158)
The Fire Development Services Fund accounts for revenues generated from fire development-related fees and the associated costs of providing fire development services. These revenues include plan review, inspection, and other development-related service fees collected to support fire prevention, life safety review, and compliance activities related to new development and construction.
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Fire Operating Grant Trust Fund (178)
This fund tracks revenues from other governmental agencies received by the Fire Department for fire safety and medical services activities. The grants are provided by federal, state, and County agencies. Grants are appropriated as they are received by the Fire Department and approved by the City Council.

Gas Tax Fund (121)
The Gas Tax Fund accounts for revenues and expenditures received from the State of California under Street and Highway Code Sections 2105, 2106, and 2107. Gas tax is imposed by the State as a per-gallon excise tax on gasoline and diesel fuel. Cities and counties receive an allocation from the State based on population and the proportion of registered vehicles. This funding is restricted for street maintenance, construction, and a limited amount for engineering.

Housing and Urban Development Fund (562)
The City of Santa Clara receives annual funding from the U.S. Department of Housing and Urban Development (HUD) to administer the Community Development Block Grant (CDBG) and HOME Investment Partnerships (HOME) programs. The CDBG program funds various nonprofit agencies and other City departments to implement services that benefit low- and moderate-income persons. The HOME program funds a wide range of activities including building, buying, and/or rehabilitating affordable housing for rent or homeownership, as well as providing direct rental assistance to low-income individuals. Grantees are generally selected through a competitive process and provide such services as senior services, homeless outreach, housing rehabilitation, accessibility improvements and code enforcement.

Housing Authority Fund (164)
The Santa Clara Housing Authority (SCHA) was established by the City Council to assume responsibility for managing and monitoring housing assets following the dissolution of the Redevelopment Agency (RDA). SCHA also assumes the responsibility for housing loans, which provide affordable housing and were made under various programs, for qualifying individuals and groups. The SCHA receives its main source of revenues from program income, which is used to support loan monitoring, administration, and other programs and projects of the Housing and Community Services Division of the Community Development Department.

Housing Successor Agency Fund (169)
All California Redevelopment Agencies (RDA) were dissolved on February 1, 2012. Following the dissolution, the City of Santa Clara was designated as the Housing Successor to the former RDA, responsible for paying off the former RDA’s existing debts, disposing of the former RDA’s properties and assets to help pay off debts, returning revenues to the local government entities that receive property taxes, and winding down the affairs of the former Redevelopment Agency. The City has also elected to retain the former RDA’s housing functions, including retaining all of the housing assets, rights, power, duties, obligations and functions previously performed by the RDA in administering its Low and Moderate Income Housing Fund.

Library Donations Trust Fund (072)
This fund accounts for donations that are received and accepted by the City of Santa Clara’s Library Department. These donations are for designated uses. Donations are appropriated as they are received by the Library Department and approved by the City Council.
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Library Operating Grant Trust Fund (112)
This fund accounts for revenues received from other governmental agencies that are designated for specific uses in the Library Department. Grants are appropriated as they are received by the Library Department and approved by the City Council.

Other City Departments Operating Grant Trust Fund (101) The Other City Departments Operating Grant Trust Fund accounts for any financial award given by the federal, State, or other local government to the City for Citywide eligible operating programs. Grants that are designated for departmentspecific functions are deposited into the respective departments’ operating grant trust fund. Grants are appropriated as they are received by departments and approved by the City Council.

Parks and Recreation Operating Grant Trust Fund (111)
This fund accounts for grant revenues and other funding received from governmental agencies that are designated for specific uses in the Parks and Recreation Department, including the Senior Nutrition Program. The Senior Nutrition Program provides a congregate meal setting where seniors can improve their health through balanced meals and socialization. The program is funded from the Santa Clara County Social Services Agency’s Senior Nutrition Program and the General Fund. Seniors are encouraged to access the many services available at the Senior Center and participate in the Health & Wellness programs. Grants are appropriated as they are received by the Parks and Recreation Department and approved by the City Council.

Perpetual Care Fund (076)
This fund accounts for fees collected from cemetery patrons to provide perpetual maintenance of Mission City Memorial Park once it reaches full capacity. Interest earned on the fund balance is used to support the ongoing maintenance of the cemetery.

Police Operating Grant Trust Fund (177)
This fund tracks revenues from other governmental agencies received by the Police Department for law enforcement activities. These grants are predominantly provided by the State, with a smaller portion received from the federal government. Grants are appropriated as they are received by the Police Department and approved by the City Council.

Prefunded Plan Review Fund (157)
Before any major real estate development project moves forward to construction, extensive studies are conducted (environmental, economic, and traffic) to ensure that the project’s impact on the community is well understood. The cost of these studies is generally paid for by developers with the funding provided to cities to ensure proper oversight of this process. This fund, established in FY 2020/21, accounts for this activity.

Public Donations Fund (067)
The Public Donations Fund accounts for various donations the City receives from the public that are designated for specific uses. Per the City’s Donation Policy, the City Manager is authorized to make funding available to departments for donations valued under $100,000. Donations of $100,000 or greater are appropriated as they are received by departments and approved by the City Council.
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Public, Educational, and Governmental Fee Fund (221)
This fund accounts for the Public, Educational, and Governmental (PEG) fees the City receives from telecommunication companies in accordance with the Cable Communications Act of 1984 and the Digital Infrastructure and Video Competition Act of 2006. PEG channels broadcast public meetings, news conferences and educational programming about City departments and programs as well as government-sponsored community events. PEG fees can be used for capital-related expenses including video production and streaming equipment as well as television monitoring technology and technical support. These funds can also be used for the renovation and construction of facilities such as Council chambers, public meeting rooms and recording spaces.

Road Maintenance and Rehabilitation (SB1) Fund (122)
The Road Repair and Accountability Act of 2017 (Senate Bill 1) is a significant investment in California’s transportation system which was signed into law on April 28, 2017. The funding from this investment must be used to fix roads, freeways, and bridges in communities across California, putting more dollars towards transit and safety. The majority of this revenue is from the Road Maintenance and Rehabilitation Account (RMRA), where cities have to prioritize repairing their existing infrastructure before addressing other transportation needs.

Traffic Mitigation Fund (123)
The Traffic Mitigation Fee is levied to fund improvements or programs to mitigate the City’s traffic problems that result from development projects.

This is the second fiscal year of the biennial operating budget. The following section details the City of Santa Clara’s Special Revenue Funds and Other Funds’ Statements of Sources and Uses and their Amended Budget for Fiscal Year 2026/27.
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SPECIAL REVENUE FUNDS | BRIDGE MAINTENANCE DISTRICT
#2 FUND (463)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Unrestricted 213,374 340,668 340,668 395,175 432,692
Total Beginning Fund Balance 213,374 340,668 340,668 395,175 432,692 Revenue
Taxes - Ad Valorem 122,473 91,800 91,800 93,600 93,600
Other Agencies Revenue 4,821 0 224 0 0
Total Revenue 127,294 91,800 92,024 93,600 93,600
Total Source of Funds 340,668 432,468 432,692 488,775 526,292 Transfers To
Streets and Highways Capital Fund 0 0 0 420,000 420,000 Total Transfers To 0 0 0 420,000 420,000
Ending Fund Balance
Unrestricted 340,668 432,468 432,692 68,775 106,292
Total Ending Fund Balance 340,668 432,468 432,692 68,775 106,292 Total Use of Funds 340,668 432,468 432,692 488,775 526,292 178
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SPECIAL REVENUE FUNDS | BUILDING DEVELOPMENT
SERVICES FUND (155)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 808,340 1,150,015 1,150,015 808,340 1,150,015 Reserve - Works in Progress 0 5,000,000 5,000,000 5,000,000 5,000,000 Reserve - Civic Center Campus Future
Needs
0 0 0 0 5,000,000
Unrestricted 34,607,574 31,448,503 31,448,503 29,713,235 28,514,238 Total Beginning Fund Balance 35,415,914 37,598,518 37,598,518 35,521,575 39,664,253 Revenue
License Permit 9,356,968 9,415,000 10,000,000 9,744,000 9,744,000 Other Agencies Revenue 21,431 0 0 0 0
Other Fees for Services 7,761,280 6,771,000 7,500,000 7,008,000 7,008,000 Other Revenue 114 0 0 0 0
Interest 1,322,241 550,000 1,450,000 578,000 578,000
Total Revenue 18,462,034 16,736,000 18,950,000 17,330,000 17,330,000 Transfers From
General Fund - Technology Fee Reserve 0 122,258 122,258 152,923 335,056 Total Transfers From 0 122,258 122,258 152,923 335,056
Total Source of Funds 53,877,948 54,456,776 56,670,776 53,004,498 57,329,309 Expenditures
Salaries 6,978,370 8,413,029 7,200,000 8,931,081 9,006,778 Retirement and Benefits 4,078,309 4,738,275 4,200,000 4,818,239 4,949,751 Materials/Services/Supplies 3,100,236 1,771,831 3,000,000 1,791,377 1,816,377 Services From Other Funds - Cost
Allocation Plan
1,050,396 1,580,025 1,580,025 1,611,626 1,611,626
Interfund Services 731,020 804,159 804,159 820,516 849,556 Total Expenditures 15,938,331 17,307,319 16,784,184 17,972,839 18,234,088 Transfers To
Building Special Programs and Training
Fund
7,000 7,000 7,000 7,000 7,000
General Fund 190,927 198,238 198,238 205,506 319,578
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SPECIAL REVENUE FUNDS | BUILDING DEVELOPMENT
SERVICES FUND (155)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Transfers To
General Government Capital Fund 59,536 17,101 17,101 2,850 0 Public Buildings Capital Fund 0 0 0 0 1,000
Vehicle Replacement Fund 83,636 0 0 0 0
Total Transfers To 341,099 222,339 222,339 215,356 327,578 Ending Fund Balance
Encumbrance Carryover 1,150,015 1,150,015 1,150,015 808,340 1,150,015 Reserve - Works in Progress 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000 Reserve - Civic Center Campus Future
Needs
0 5,000,000 5,000,000 0 5,000,000
Unrestricted 31,448,503 25,777,103 28,514,238 29,007,963 27,617,628 Total Ending Fund Balance 37,598,518 36,927,118 39,664,253 34,816,303 38,767,643 Total Use of Funds 53,877,948 54,456,776 56,670,776 53,004,498 57,329,309 180
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SPECIAL REVENUE FUNDS | BUILDING SPECIAL PROGRAMS
AND TRAINING FUND (220) 2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
CASp Reserve - Restricted 59,201 50,816 50,816 59,201 50,816 Seismic Admin Reserve - Restricted 139,014 153,058 153,058 139,014 153,058 Building Standard Reserve - Restricted 63,049 63,571 63,571 63,049 63,571 Total Beginning Fund Balance 261,264 267,445 267,445 261,264 267,445 Revenue
License Permit 56,550 37,995 37,995 37,995 37,995
Total Revenue 56,550 37,995 37,995 37,995 37,995
Transfers From
Building Development Services Fund 7,000 7,000 7,000 7,000 7,000 Total Transfers From 7,000 7,000 7,000 7,000 7,000
Total Source of Funds 324,814 312,440 312,440 306,259 312,440 Expenditures
Salaries 35,452 22,020 22,020 22,020 22,020
Materials/Services/Supplies 20,425 21,210 21,210 21,210 21,210 Total Expenditures 55,877 43,230 43,230 43,230 43,230
Transfers To
General Fund 1,492 1,765 1,765 1,765 1,765
Total Transfers To 1,492 1,765 1,765 1,765 1,765
Ending Fund Balance
CASp Reserve - Restricted 50,816 50,816 50,816 59,201 50,816 Seismic Admin Reserve - Restricted 153,058 153,058 153,058 139,014 153,058 Building Standard Reserve - Restricted 63,571 63,571 63,571 63,049 63,571 Total Ending Fund Balance 267,445 267,445 267,445 261,264 267,445 Total Use of Funds 324,814 312,440 312,440 306,259 312,440 181
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | CITY AFFORDABLE HOUSING
FUND (165)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 389,776 307,577 307,577 389,776 307,577 Restricted - Civic Center Drive 0 4,944,484 4,944,484 4,944,484 0 Unrestricted 16,126,088 11,280,434 11,280,434 5,838,207 10,487,425 Total Beginning Fund Balance 16,515,864 16,532,495 16,532,495 11,172,467 10,795,002 Revenue
Other Fees for Services 37,356 59,457 25,000 60,006 60,006 Other Agencies Revenue 2,238 2,000 20,000 2,040 2,040
Interest 545,623 238,845 420,000 254,000 254,000
Other Revenue 473,563 471,869 150,000 949,206 949,206
Total Revenue 1,058,780 772,171 615,000 1,265,252 1,265,252 Total Source of Funds 17,574,644 17,304,666 17,147,495 12,437,719 12,060,254 Expenditures
Salaries 370,107 411,961 379,000 435,238 399,391
Retirement and Benefits 140,916 189,970 158,000 191,795 171,553 Materials/Services/Supplies 395,341 818,686 431,000 819,638 894,638 Services From Other Funds - Cost
Allocation Plan
43,865 170,581 170,581 173,993 173,993
Interfund Services 1,967 73,928 73,928 75,601 79,597
Capital Outlay 89,953 5,319,869 195,500 195,500 120,500 Total Expenditures 1,042,149 6,984,995 1,408,009 1,891,765 1,839,672 Transfers To
City Affordable Housing Capital Fund 0 4,944,484 4,944,484 0 0 Total Transfers To 0 4,944,484 4,944,484 0 0
Ending Fund Balance
Encumbrance Carryover 307,577 307,577 307,577 389,776 307,577 Restricted - Civic Center Drive 4,944,484 0 0 4,944,484 0 Unrestricted 11,280,434 5,067,610 10,487,425 5,211,694 9,913,005 Total Ending Fund Balance 16,532,495 5,375,187 10,795,002 10,545,954 10,220,582 Total Use of Funds 17,574,644 17,304,666 17,147,495 12,437,719 12,060,254 182
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | COMMUNITY FACILITIES
DISTRICT NO. 2019-1 (LAWRENCE STATION) FUND (027)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 110,697 201,327 201,327 110,697 201,327 Capital Reserve 275,035 352,728 352,728 433,479 432,736 Unrestricted 861,274 848,114 848,114 712,598 771,832
Total Beginning Fund Balance 1,247,006 1,402,169 1,402,169 1,256,774 1,405,895 Revenue
Special Tax Revenues 388,466 400,032 400,041 408,033 408,042 Total Revenue 388,466 400,032 400,041 408,033 408,042
Total Source of Funds 1,635,472 1,802,201 1,802,210 1,664,807 1,813,937 Expenditures
Administration 0 5,872 5,872 5,998 5,990
Facilities 125,593 128,307 128,307 132,156 130,873
Landscaped Parkways 0 31,778 31,778 32,414 32,414
Parking Enforcement 97,603 99,555 99,555 101,546 101,546 Parking Space Maintenance 0 3,792 3,792 3,868 3,868
Parks 10,107 123,478 123,478 127,182 125,948
Roadways 0 3,533 3,533 3,604 3,604
Total Expenditures 233,303 396,315 396,315 406,768 404,243 Ending Fund Balance
Encumbrance Carryover 201,327 201,327 201,327 110,697 201,327 Capital Reserve 352,728 432,734 432,736 515,086 514,344 Unrestricted 848,114 771,825 771,832 632,256 694,023
Total Ending Fund Balance 1,402,169 1,405,886 1,405,895 1,258,039 1,409,694 Total Use of Funds 1,635,472 1,802,201 1,802,210 1,664,807 1,813,937 183
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | CONVENTION CENTER
MAINTENANCE DISTRICT FUND (026)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 104,567 166,712 166,712 104,566 166,712 Unrestricted 471,393 189,492 189,492 0 0
Total Beginning Fund Balance 575,960 356,204 356,204 104,566 166,712 Revenue
Other Fees for Services 1,022,279 1,053,116 1,053,116 1,132,389 1,380,211 Interest 27,430 0 0 0 0
Total Revenue 1,049,709 1,053,116 1,053,116 1,132,389 1,380,211 Transfers From
General Fund 840,546 940,109 940,109 1,010,876 1,163,014 Total Transfers From 840,546 940,109 940,109 1,010,876 1,163,014 Total Source of Funds 2,466,215 2,349,429 2,349,429 2,247,831 2,709,937 Expenditures
Salaries 21,098 21,019 21,019 21,649 21,649
Retirement and Benefits 12,087 11,191 11,191 10,822 10,950 Materials/Services/Supplies 1,575,337 1,763,838 1,763,838 1,814,357 2,214,243 Services From Other Funds - Cost
Allocation Plan
193,086 196,915 196,915 296,165 296,165
Interfund Services 202 262 262 272 218
Capital Outlay 0 189,492 189,492 0
Total Expenditures 1,801,810 2,182,717 2,182,717 2,143,265 2,543,225 Transfers To
Public Buildings Capital Fund 308,201 0 0 0
0 Total Transfers To 308,201 0 0 0 0
Ending Fund Balance
Encumbrance Carryover 166,712 166,712 166,712 104,566 166,712 Unrestricted 189,492 0 0 0 0
Total Ending Fund Balance 356,204 166,712 166,712 104,566 166,712 Total Use of Funds 2,466,215 2,349,429 2,349,429 2,247,831 2,709,937 184
0 FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | DEVELOPER TRAFFIC PAYMENTS
FUND (124)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Restricted 5,637,054 0 0 5,637,054 0
Restricted Regional Traffic Mitigation Fees 0 764,530 764,530 0 764,530 Restricted Traffic Fair Share Fees 0 5,180,072 5,180,072 0 5,180,072 Total Beginning Fund Balance 5,637,054 5,944,602 5,944,602 5,637,054 5,944,602 Revenue
Other Revenue 307,548 0 0 0 0
Total Revenue 307,548 0 0 0 0
Total Source of Funds 5,944,602 5,944,602 5,944,602 5,637,054 5,944,602 Ending Fund Balance
Restricted 0 0 0 5,637,054 0
Restricted Regional Traffic Mitigation Fees 764,530 764,530 764,530 0 764,530 Restricted Traffic Fair Share Fees 5,180,072 5,180,072 5,180,072 0 5,180,072 Total Ending Fund Balance 5,944,602 5,944,602 5,944,602 5,637,054 5,944,602 Total Use of Funds 5,944,602 5,944,602 5,944,602 5,637,054 5,944,602 185
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | DOWNTOWN PARKING
MAINTENANCE DISTRICT FUND (025)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 8,617 8,936 8,936 8,617 8,936
Reserve for Maintenance 187,056 178,181 178,181 188,456 192,381 Unrestricted 475,501 491,477 491,477 475,268 490,871
Total Beginning Fund Balance 671,174 678,594 678,594 672,341 692,188 Revenue
Interest 6,871 3,527 3,527 3,527 6,871
Other Fees for Services 0 10,673 10,673 10,673 7,329
Total Revenue 6,871 14,200 14,200 14,200 14,200
Transfers From
General Fund 137,000 139,384 139,384 146,783 143,012
Total Transfers From 137,000 139,384 139,384 146,783 143,012 Total Source of Funds 815,045 832,178 832,178 833,324 849,400 Expenditures
Salaries 11,481 48,592 48,592 53,775 51,291
Retirement and Benefits 38,443 30,831 30,831 31,831 30,537 Materials/Services/Supplies 48,311 43,117 43,117 43,979 43,979 Services From Other Funds - Cost
Allocation Plan
14,830 13,788 13,788 14,064 14,064
Interfund Services 7,639 3,662 3,662 3,763 3,141
Capital Outlay 15,747 0 0 0 87,000
Total Expenditures 136,451 139,990 139,990 147,412 230,012 Ending Fund Balance
Encumbrance Carryover 8,936 8,936 8,936 8,617 8,936
Reserve for Maintenance 178,181 192,381 192,381 202,656 119,581 Unrestricted 491,477 490,871 490,871 474,639 490,871
Total Ending Fund Balance 678,594 692,188 692,188 685,912 619,388 Total Use of Funds 815,045 832,178 832,178 833,324 849,400 186
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | ENDOWMENT CARE FUND (077)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Unrestricted 2,550,046 2,845,141 2,845,141 2,859,047 3,062,841 Total Beginning Fund Balance 2,550,046 2,845,141 2,845,141 2,859,047 3,062,841 Revenue
Other Fees for Services 295,095 150,000 178,800 150,000 182,400 Interest 97,022 60,000 98,900 60,000 100,800
Total Revenue 392,117 210,000 277,700 210,000 283,200
Total Source of Funds 2,942,163 3,055,141 3,122,841 3,069,047 3,346,041 Transfers To
Cemetery Fund 97,022 60,000 60,000 60,000 100,800
Total Transfers To 97,022 60,000 60,000 60,000 100,800
Ending Fund Balance
Unrestricted 2,845,141 2,995,141 3,062,841 3,009,047 3,245,241 Total Ending Fund Balance 2,845,141 2,995,141 3,062,841 3,009,047 3,245,241 Total Use of Funds 2,942,163 3,055,141 3,122,841 3,069,047 3,346,041 187
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | ENGINEERING OPERATING GRANT
TRUST FUND (144)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 50,000 28,040 28,040 50,000 28,040 Unrestricted 91,789 237,986 237,986 0 0
Total Beginning Fund Balance 141,789 266,026 266,026 50,000 28,040 Revenue
Other Agencies Revenue 166,088 0 0 0 0
Total Revenue 166,088 0 0 0 0
Total Source of Funds 307,877 266,026 266,026 50,000 28,040 Expenditures
Local Early Action Planning 4,190 185,302 185,302 0 0
Regional Early Action Planning 21,960 52,684 52,684 0 0 Tasman East Specific Plan 15,701 0 0 0 0
Total Expenditures 41,851 237,986 237,986 0 0
Ending Fund Balance
Encumbrance Carryover 28,040 28,040 28,040 50,000 28,040 Unrestricted 237,986 0 0 0 0
Total Ending Fund Balance 266,026 28,040 28,040 50,000 28,040 Total Use of Funds 307,877 266,026 266,026 50,000 28,040 188
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | EXPENDABLE TRUST FUND (079)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 1,340 269,000 269,000 1,340 269,000 Unrestricted 1,595,821 1,053,995 1,053,995 0 0
Total Beginning Fund Balance 1,597,161 1,322,995 1,322,995 1,340 269,000 Revenue
Grants
Community Development Department 1,783 49,500 49,500 0 0 Fire Department 910 0 0 0 0
Information Technology Department 52,349 7,651 7,651 0 0 Police Department 402,955 0 0 0 0
Public Works Department 57,574 5,905 5,905 0 0
Total Revenue 515,571 63,056 63,056 0 0
Transfers From
General Fund 96,105 0 0 0 0
Total Transfers From 96,105 0 0 0 0
Total Source of Funds 2,208,837 1,386,051 1,386,051 1,340 269,000 Expenditures
City Attorney's Office
Environment Enforcement Fines - City 0 32,189 32,189 0 0 City Manager's Office
ENA - SC Caltrain Station 0 12,974 12,974 0 0
Community Development
Historic Preservation 0 97,888 97,888 0 0
Tasman East Contribution 6,870 42,630 42,630 0 0
Fire
Fire Prevention 0 1,708 1,708 0 0
Fire - Haz Mat 0 1,598 1,598 0 0
Fire - Cert Grant 0 5,223 5,223 0 0
Fire - EMS Grant 0 2,681 2,681 0 0
OES HM Emergency Prep 15,500 50,500 50,500 0 0
Training HM Emergency Prep 0 4,133 4,133 0 0
Training Classes 1,615 1,274 1,274 0 0
189
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | EXPENDABLE TRUST FUND (079)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Expenditures
Information Technology
SVACA Billings - City Depts 52,349 7,651 7,651 0 0
Library
CLSA - Transaction Based Reimbursement 0 1,770 1,770 0 0 Public Library Foundation 0 17,718 17,718 0 0
Parks & Recreation
Events Deposit 54,563 2,937 2,937 0 0
Police
Bingo Enforcement Fees 25,681 354,410 354,410 0 0
Opiod Settlement 130,000 176,649 176,649 0 0
Seized Asset Funds - Local 0 41 41 0 0
Seized Asset Funds - State 0 286,265 286,265 0 0
Shooting Range Recycled Casings 0 2,320 2,320 0 0
Public Works
Environment Enforcement Fines - Street 0 12,875 12,875 0 0 Seized Asset Funds - Local 0 1,617 1,617 0 0
SVACA Billings - City Depts 63,568 0 0 0 0
Total Expenditures 350,146 1,117,051 1,117,051 0 0
Transfers To
Fire CUPA Fund 535,696 0 0 0 0
Total Transfers To 535,696 0 0 0 0
Ending Fund Balance
Encumbrance Carryover 269,000 269,000 269,000 1,340 269,000 Unrestricted 1,053,995 0 0 0 0
Total Ending Fund Balance 1,322,995 269,000 269,000 1,340 269,000 Total Use of Funds 2,208,837 1,386,051 1,386,051 1,340 269,000 190
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | FIRE CERTIFIED UNIFIED
PROGRAM AGENCY (CUPA) FUND (159)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Unrestricted 0 994,881 994,881 644,787 1,183,948
Total Beginning Fund Balance 0 994,881 994,881 644,787 1,183,948 Revenue
Interest 21,730 14,000 44,000 15,000 45,000
Other Fees for Services 0 2,005,000 2,005,000 2,065,120 2,065,120 Other Revenue 161,524 0 0 0 0
Total Revenue 183,254 2,019,000 2,049,000 2,080,120 2,110,120 Transfers From
Expendable Trust Fund 535,696 0 0 0 0
General Fund 392,826 0 0 0 0
Total Transfers From 928,522 0 0 0 0
Total Source of Funds 1,111,776 3,013,881 3,043,881 2,724,907 3,294,068 Expenditures
Salaries 0 825,027 901,323 884,736 1,005,542
Retirement and Benefits 0 618,471 618,471 665,053 704,419 Materials/Services/Supplies 116,895 40,678 40,678 37,645 53,245 Services from Other Funds - Cost Allocation
Plan
0 227,613 227,613 232,165 232,165
Interfund Services 0 71,848 71,848 74,050 87,808
Total Expenditures 116,895 1,783,637 1,859,933 1,893,649 2,083,179 Ending Fund Balance
Unrestricted 994,881 1,230,244 1,183,948 831,258 1,210,889 Total Ending Fund Balance 994,881 1,230,244 1,183,948 831,258 1,210,889 Total Use of Funds 1,111,776 3,013,881 3,043,881 2,724,907 3,294,068 191
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | FIRE DEVELOPMENT SERVICES
FUND (158)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 0 1,899 1,899 0 1,899
Restricted - Civic Center Campus Future
Needs
0 0 0 0 1,000,000
Unrestricted 2,492,812 3,204,301 3,204,301 1,919,059 2,160,238 Total Beginning Fund Balance 2,492,812 3,206,200 3,206,200 1,919,059 3,162,137 Revenue
Interest 107,662 104,000 115,000 109,000 120,000
Other Fees for Services 4,140,108 3,325,000 3,725,000 3,425,750 3,836,750 Total Revenue 4,247,770 3,429,000 3,840,000 3,534,750 3,956,750 Total Source of Funds 6,740,582 6,635,200 7,046,200 5,453,809 7,118,887 Expenditures
Salaries 1,825,641 1,842,965 1,864,832 2,023,411 2,019,085 Retirement and Benefits 1,133,372 1,267,485 1,250,160 1,336,589 1,335,882 Materials/Services/Supplies 22,991 260,714 211,613 245,020 254,432 Services from Other Funds - Cost Allocation
Plan
237,535 314,249 314,249 320,534 320,534
Interfund Services 303,133 239,402 239,402 246,184 366,477 Total Expenditures 3,522,672 3,924,815 3,880,256 4,171,738 4,296,410 Transfers To
General Government Capital Fund 11,710 3,807 3,807 635 0 Total Transfers To 11,710 3,807 3,807 635 0
Ending Fund Balance
Encumbrance Carryover 1,899 1,899 1,899 0 1,899
Restricted - Civic Center Campus Future
Needs
0 1,000,000 1,000,000 0 1,000,000
Unrestricted 3,204,301 1,704,679 2,160,238 1,281,436 1,820,578 Total Ending Fund Balance 3,206,200 2,706,578 3,162,137 1,281,436 2,822,477 Total Use of Funds 6,740,582 6,635,200 7,046,200 5,453,809 7,118,887 192
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | FIRE OPERATING GRANT TRUST
FUND (178)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 47,971 0 0 47,971 0
Unrestricted (1,615,230) (111,495) (111,495) 176,603 0
Total Beginning Fund Balance (1,567,259) (111,495) (111,495) 224,574 0 Revenue
Other Agencies Revenue 6,083,811 4,539,498 4,539,498 0 0 Total Revenue 6,083,811 4,539,498 4,539,498 0 0
Transfers From
General Fund 553,769 993,392 993,392 0 0
Total Transfers From 553,769 993,392 993,392 0 0
Total Source of Funds 5,070,321 5,421,395 5,421,395 224,574 0 Expenditures
Assistance to Firefighters FY 21/22 81,221 0 0 0 0
Bay Area Urban Areas Security Initiative 31,500 28,500 28,500 0 0 California Environmental Protection Agency
Environmental Enforcement Training
0 26,096 26,096 0 0
Emergency Management Preparedness 2023 47,079 4,155 4,155 0 0 Emergency Medical Services County Patient Care
System 2023
78,709 0 0 0 0
2025 County of Santa Clara Emergency Medical
Services Trust Fund
0 33,332 33,332 0 0
International Association of Fire Chiefs 2023 2,398 346 346 0 0 Staffing for Adequate Fire and Emergency
Response
4,721,166 5,274,893 5,274,893 0 0
State Homeland Security Grant Program FY21/22 0 50,073 50,073 0 0 State Homeland Security Grant Program FY25/26 0 4,000 4,000 0 0 Urban Search and Rescue Deployment 208,975 0 0 0 0
Urban Search and Rescue Team Training 10,768 0 0 0 0
Total Expenditures 5,181,816 5,421,395 5,421,395 0 0
Ending Fund Balance
Encumbrance Carryover 0 0 0 47,971 0
Unrestricted (111,495) 0 0 176,603 0
Total Ending Fund Balance (111,495) 0 0 224,574 0
Total Use of Funds 5,070,321 5,421,395 5,421,395 224,574 0 193
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | GAS TAX FUND (121)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Unrestricted 2,312,653 2,192,535 2,192,535 3,017,653 3,167,535 Total Beginning Fund Balance 2,312,653 2,192,535 2,192,535 3,017,653 3,167,535 Revenue
State Revenues 3,674,809 3,500,000 3,500,000 3,500,000 3,500,000 Interest 725,073 450,000 450,000 450,000 450,000
Total Revenue 4,399,882 3,950,000 3,950,000 3,950,000 3,950,000 Total Source of Funds 6,712,535 6,142,535 6,142,535 6,967,653 7,117,535 Transfers To
Streets and Highways Capital Fund 4,520,000 2,975,000 2,975,000 2,990,250 3,615,250 Total Transfers To 4,520,000 2,975,000 2,975,000 2,990,250 3,615,250 Ending Fund Balance
Unrestricted 2,192,535 3,167,535 3,167,535 3,977,403 3,502,285 Total Ending Fund Balance 2,192,535 3,167,535 3,167,535 3,977,403 3,502,285 Total Use of Funds 6,712,535 6,142,535 6,142,535 6,967,653 7,117,535 194
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | HOUSING AND URBAN
DEVELOPMENT FUND (562)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 696,339 1,698,382 1,698,382 696,339 1,698,382 Restricted Program Income 590,766 310,446 310,446 0 0
Unrestricted (341,756) (1,080,039) (1,080,039) 0 0
Total Beginning Fund Balance 945,349 928,789 928,789 696,339 1,698,382 Revenue
Other Agencies Revenue 2,599,022 5,383,932 2,998,442 0 0 Other Fees for Services 0 0 0 0 0
Interest 2,183 0 2,828 0 0
Other Revenue 339,992 110,865 184,104 806,269 773,481
Total Revenue 2,941,197 5,494,797 3,185,374 806,269 773,481 Total Source of Funds 3,886,546 6,423,586 4,114,163 1,502,608 2,471,863 Expenditures
CDBG - Public Services 359,244 404,000 319,407 721,360 691,769 NCIP - CDBG 550,450 906,525 906,525 0 0
Curb Cuts 534,991 0 0 0 0
Rebuilding Together Silicon Valley 178,118 200,000 0 0
Rehabilitation - Affordable Rental Housing 861,789 316,394 316,394 0 0 Rehabilitation - Public Facilities 10,000 374,447 374,447 0 0 HOME Administrative Contracts 41,872 45,601 38,349 84,909 81,712 CHDO Project 0 106,691 0 0 0
Homeless Tenant Based Rental Assistance 392,119 883,584 389,636 0 0 HOME American Rescue Plan Program 29,174 1,487,962 71,023 0 0 Total Expenditures 2,957,757 4,725,204 2,415,781 806,269 773,481 Ending Fund Balance
Encumbrance Carryover 1,698,382 1,698,382 1,698,382 696,339 1,698,382 Restricted Program Income 310,446 0 0 0 0
Unrestricted (1,080,039) 0 0 0 0
Total Ending Fund Balance 928,789 1,698,382 1,698,382 696,339 1,698,382 Total Use of Funds 3,886,546 6,423,586 4,114,163 1,502,608 2,471,863 195
0 FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | HOUSING AUTHORITY FUND (164)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 42,458 41,493 41,493 42,458 41,493 Unrestricted 1,175,535 1,069,236 1,069,236 946,934 1,419,938 Total Beginning Fund Balance 1,217,993 1,110,729 1,110,729 989,392 1,461,431 Revenue
Interest 41,826 43,436 50,000 44,304 44,304
Other Revenue 15,795 237,652 480,000 242,406 242,406
Total Revenue 57,621 281,088 530,000 286,710 286,710
Total Source of Funds 1,275,614 1,391,817 1,640,729 1,276,102 1,748,141 Expenditures
Salaries 66,265 67,042 81,000 71,517 70,663
Retirement and Benefits 42,915 40,124 31,000 40,728 43,651 Materials/Services/Supplies 7,356 131,599 8,000 134,165 134,165 Interfund Services 1,064 9,298 9,298 9,509 10,023
Capital Outlay 47,285 211,815 50,000 216,017 216,017
Total Expenditures 164,885 459,878 179,298 471,936 474,519 Ending Fund Balance
Encumbrance Carryover 41,493 41,493 41,493 42,458 41,493 Unrestricted 1,069,236 890,446 1,419,938 761,708 1,232,129 Total Ending Fund Balance 1,110,729 931,939 1,461,431 804,166 1,273,622 Total Use of Funds 1,275,614 1,391,817 1,640,729 1,276,102 1,748,141 196
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | HOUSING SUCCESSOR AGENCY
FUND (169)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 110,011 220,003 220,003 110,011 220,003 Unrestricted 4,165,296 5,044,662 5,044,662 4,925,097 4,641,346 Total Beginning Fund Balance 4,275,307 5,264,665 5,264,665 5,035,108 4,861,349 Revenue
Other Revenue 1,355,312 1,130,446 250,000 1,141,555 1,141,555 Other Fees for Services 20,736 10,000 26,000 10,200 10,200 Interest 166,504 162,127 200,000 165,369 165,369
Total Revenue 1,542,552 1,302,573 476,000 1,317,124 1,317,124 Total Source of Funds 5,817,859 6,567,238 5,740,665 6,352,232 6,178,473 Expenditures
Salaries 155,542 273,362 201,000 290,771 296,323
Retirement and Benefits 93,165 149,125 111,000 151,294 155,555 Materials/Services/Supplies 261,667 542,170 404,000 543,363 543,363 Services From Other Funds - Cost
Allocation Plan
40,280 113,926 113,926 116,205 116,205
Interfund Services 2,540 49,390 49,390 50,509 53,212
Total Expenditures 553,194 1,127,973 879,316 1,152,142 1,164,658 Ending Fund Balance
Encumbrance Carryover 220,003 220,003 220,003 110,011 220,003 Unrestricted 5,044,662 5,219,262 4,641,346 5,090,079 4,793,812 Total Ending Fund Balance 5,264,665 5,439,265 4,861,349 5,200,090 5,013,815 Total Use of Funds 5,817,859 6,567,238 5,740,665 6,352,232 6,178,473 197
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | LIBRARY DONATIONS TRUST
FUND (072)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Unrestricted 179,761 179,761 179,761 0 0
Total Beginning Fund Balance 179,761 179,761 179,761 0 0 Total Source of Funds 179,761 179,761 179,761 0 0
Expenditures
City Library Foundation Trust 0 139,444 139,444 0 0
In Memory of J.Jaffer 0 1,440 1,440 0 0
In Memory of M.Dry 0 4,000 4,000 0 0
Library Books 0 1,300 1,300 0 0
Library Tote Bags 0 1,025 1,025 0 0
Literacy Program 0 9,050 9,050 0 0
SCSQ Irvine Contribution 0 22,755 22,755 0 0
Summer Reading 0 747 747 0 0
Total Expenditures 0 179,761 179,761 0 0
Ending Fund Balance
Unrestricted 179,761 0 0 0 0
Total Ending Fund Balance 179,761 0 0 0 0
Total Use of Funds 179,761 179,761 179,761 0 0
198
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | LIBRARY OPERATING GRANT
TRUST FUND (112)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Unrestricted 77,843 140,820 140,820 0 0
Total Beginning Fund Balance 77,843 140,820 140,820 0 0 Revenue
Other Agencies Revenue 252,099 115,361 115,361 0 0
Total Revenue 252,099 115,361 115,361 0 0
Total Source of Funds 329,942 256,181 256,181 0 0
Expenditures
Adult Literacy Program 23-24 44,736 0 0 0 0
Adult Literacy Program 24-25 56,255 55,642 55,642 0 0
Adult Literacy Program 25-26 0 115,361 115,361 0 0
ESL Tutoring Services 23-24 22,897 0 0 0 0
ESL Tutoring Services 24-25 41,149 20,469 20,469 0 0
ESL Tutoring Services 25-26 0 64,709 64,709 0 0
PLP Link+ Reimbursement 23-24 10,210 0 0 0 0
PLP Link+ Reimbursement 24-25 13,875 0 0 0 0
Total Expenditures 189,122 256,181 256,181 0 0
Ending Fund Balance
Unrestricted 140,820 0 0 0 0
Total Ending Fund Balance 140,820 0 0 0 0
Total Use of Funds 329,942 256,181 256,181 0 0
199
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | OTHER CITY DEPARTMENTS
OPERATING GRANT TRUST FUND (101)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 23,408 0 0 23,408 0
Unrestricted 1,808,135 2,159,768 2,159,768 0 0
Total Beginning Fund Balance 1,831,543 2,159,768 2,159,768 23,408 0 Revenue
Non-Departmental 1,692,806 0 0 0 0
Total Revenue 1,692,806 0 0 0 0
Total Source of Funds 3,524,349 2,159,768 2,159,768 23,408 0 Expenditures
City Manager's Office
Santa Clara Overnight Care Locations
Program
0 1,800,000 1,800,000 0 0
Total Expenditures 0 1,800,000 1,800,000 0 0
Transfers To
General Fund 1,364,581 359,768 359,768 0 0
Total Transfers To 1,364,581 359,768 359,768 0 0
Ending Fund Balance
Encumbrance Carryover 0 0 0 23,408 0
Unrestricted 2,159,768 0 0 0 0
Total Ending Fund Balance 2,159,768 0 0 23,408 0
Total Use of Funds 3,524,349 2,159,768 2,159,768 23,408 0 200
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | PARKS AND RECREATION
OPERATING GRANT TRUST FUND (111)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 24,843 400 400 24,843 400
Unrestricted 106,972 95,550 95,550 115,904 104,168
Total Beginning Fund Balance 131,815 95,950 95,950 140,747 104,568 Revenue
Other Agencies Revenue 144,872 172,138 172,138 139,872 154,900 Total Revenue 144,872 172,138 172,138 139,872 154,900
Transfers From
General Fund 21,851 7,702 7,702 27,445 17,150
Total Transfers From 21,851 7,702 7,702 27,445 17,150
Total Source of Funds 298,538 275,790 275,790 308,064 276,618 Expenditures
Santa Clara County Fireworks Grant 2024 5,000 0 0 0 0
Santa Clara County Fireworks Grant 2025 0 5,000 5,000 0 0 Santa Clara Valley Open Space Authority 13,218 7,458 7,458 0 0 Senior Nutrition Programs 184,370 158,764 158,764 167,317 172,050 Total Expenditures 202,588 171,222 171,222 167,317 172,050 Ending Fund Balance
Encumbrance Carryover 400 400 400 24,843 400
Unrestricted 95,550 104,168 104,168 115,904 104,168
Total Ending Fund Balance 95,950 104,568 104,568 140,747 104,568 Total Use of Funds 298,538 275,790 275,790 308,064 276,618 201
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | PERPETUAL CARE FUND (076)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Unrestricted 38,244 38,244 38,244 38,244 38,244
Total Beginning Fund Balance 38,244 38,244 38,244 38,244 38,244 Revenue
Interest 1,383 500 1,400 500 1,400
Total Revenue 1,383 500 1,400 500 1,400
Total Source of Funds 39,627 38,744 39,644 38,744 39,644 Transfers To
Cemetery Fund 1,383 500 1,400 500 1,400
Total Transfers To 1,383 500 1,400 500 1,400
Ending Fund Balance
Unrestricted 38,244 38,244 38,244 38,244 38,244
Total Ending Fund Balance 38,244 38,244 38,244 38,244 38,244 Total Use of Funds 39,627 38,744 39,644 38,744 39,644
202
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | POLICE OPERATING GRANT
TRUST FUND (177)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 20,656 405,482 405,482 20,656 405,482 Unrestricted 2,122,002 1,352,286 1,352,286 0 0
Total Beginning Fund Balance 2,142,658 1,757,768 1,757,768 20,656 405,482 Revenue
Other Agencies Revenue 567,869 7,058,743 7,058,743 0 0
Other Fees for Services 143,343 0 0 0 0
Interest 7,782 0 0 0 0
Total Revenue 718,994 7,058,743 7,058,743 0 0
Transfers From
General Fund 0 5,910 5,910 0 0
Vehicle Replacement Fund 0 10,258 10,258 0 0
Total Transfers From 0 16,168 16,168 0 0
Total Source of Funds 2,861,652 8,832,679 8,832,679 20,656 405,482 Expenditures
Abandoned Vehicle Abatement Program 27,541 584,338 584,338 0 0 Alcoholic Beverage Control 24-25 54,023 21,358 21,358 0 0 Alcoholic Beverage Control 25-26 638 90,673 90,673 0 0
Board of State and Community Corrections 4,159 34,385 34,385 0 0 Board of State and Community Corrections
2020
35,527 85,924 85,924 0 0
Board of State and Community Corrections
2023 32,474 50,512 50,512 0 0
Citizens' Option for Public Safety 18-19 36,641 0 0 0 0 Citizens' Option for Public Safety 19-20 74,756 33,685 33,685 0 0 Citizens' Option for Public Safety 20-21 69,239 49,193 49,193 0 0 Citizens' Option for Public Safety 21-22 40,000 40,000 40,000 0 0 Citizens' Option for Public Safety 22-23 6,679 150,688 150,688 0 0 Citizens' Option for Public Safety 23-24 365,332 34,597 34,597 0 0 Citizens' Option for Public Safety 24-25 3,301 37,652 37,652 0 0 Citizens' Option for Public Safety 25-26 0 205,680 205,680 0 0 203
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | POLICE OPERATING GRANT
TRUST FUND (177)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Expenditures
Counter-Unmanned Aircraft Systems 2026 0 6,525,617 6,525,617 0 0 Department of Justice Tobacco 2024 8,949 18,731 18,731 0 0 Office of Traffic Safety 2024 30,395 39,605 39,605 0 0
Office of Traffic Safety 2025 0 80,000 80,000 0 0
Seized Asset Funds 211,696 179,693 179,693 0 0
State Homeland Security Grant 23 50,000 0 0 0 0
West Valley College Training Program 52,534 164,866 164,866 0 0 Total Expenditures 1,103,884 8,427,197 8,427,197 0 0
Ending Fund Balance
Encumbrance Carryover 405,482 405,482 405,482 20,656 405,482 Unrestricted 1,352,286 0 0 0 0
Total Ending Fund Balance 1,757,768 405,482 405,482 20,656 405,482 Total Use of Funds 2,861,652 8,832,679 8,832,679 20,656 405,482 204
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | PREFUNDED PLAN REVIEW FUND
(157)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 32,614 59,491 59,491 32,614 59,491 Unrestricted 402,169 292,299 292,299 0 0
Total Beginning Fund Balance 434,783 351,790 351,790 32,614 59,491 Revenue
Other Revenue 68,000 160,513 160,513 0 0
Total Revenue 68,000 160,513 160,513 0 0
Total Source of Funds 502,783 512,303 512,303 32,614 59,491 Expenditures
Freedom Circle 0 62,256 62,256 0 0
Kylli Project / Democracy Way 150,618 1,105 1,105 0 0
Patrick Henry Drive 375 289,106 289,106 0 0
Tasman East Specific Plan 0 43,845 43,845 0 0
Tasman East Specific Plan CFD 0 31,500 31,500 0 0
Tasman East "The Block" 0 25,000 25,000 0 0
Total Expenditures 150,993 452,812 452,812 0 0
Ending Fund Balance
Encumbrance Carryover 59,491 59,491 59,491 32,614 59,491 Unrestricted 292,299 0 0 0 0
Total Ending Fund Balance 351,790 59,491 59,491 32,614 59,491 Total Use of Funds 502,783 512,303 512,303 32,614 59,491 205
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | PUBLIC DONATIONS FUND (067)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Unrestricted 741,426 679,312 679,312 0 0
Total Beginning Fund Balance 741,426 679,312 679,312 0 0 Revenue
Donations
City Manager's Office 122 0 0 0 0
Parks and Recreation 34,711 20,000 20,000 0 0
Total Revenue 34,833 20,000 20,000 0 0
Total Source of Funds 776,259 699,312 699,312 0 0
Expenditures
City Manager's Office
Bank of Santa Clara Car Seat Program 0 500 500 0 0
Donations - Art in Public Places 0 226 226 0 0
Donations - Championship Teams 0 1,344 1,344 0 0
Donations - Help Your Neighbor 0 10,299 10,299 0 0
Donations - Mission City Community 0 67 67 0 0
Donations - Undesignated 0 275 275 0 0
S.C. Art in Public Places 0 37,720 37,720 0 0
Community Development
Donations - Berryessa Adobe 0 1,150 1,150 0 0
Donations - Historical Preservation 0 4,616 4,616 0 0
Electric Utility
Donations - Neighborhood Solar 0 25 25 0 0
Fire
Donations - Fire Safety 0 1,961 1,961 0 0
Donations - Public Education 0 1,384 1,384 0 0
Parks and Recreation
Arts, Crafts and Wine Festival 1,634 162,782 162,782 0 0 Case Management Grant 0 105,357 60,808 0 0
Community Garden 0 70 70 0 0
Donations - Reed & Grant Equipment 0 1,264 1,264 0 0
Roberta Jones JR Theatre 0 14,561 14,561 0 0
206
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | PUBLIC DONATIONS FUND (067)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Expenditures
Parks and Recreation
Teens - Youth Commission 0 3,819 3,819 0 0
Wade Brummal Scholarship Fund 93,092 42,152 42,152 0 0
Police
Donation - COVID 0 4,544 4,544 0 0
Police - Bicycle Safety Program 0 1,377 1,377 0 0
Police - Team 200 2,221 297,779 297,779 0 0
Police - Training Simunition Program 0 2,500 2,500 0 0
Police - Voucher Program 0 3,540 3,540 0 0
Total Expenditures 96,947 699,312 699,312 0 0
Ending Fund Balance
Unrestricted 679,312 0 0 0 0
Total Ending Fund Balance 679,312 0 0 0 0
Total Use of Funds 776,259 699,312 699,312 0 0
207
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | PUBLIC, EDUCATIONAL, AND
GOVERNMENTAL FEE FUND (221)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 209,152 34,813 34,813 209,152 34,813 Unrestricted 2,595,016 2,753,045 2,753,045 1,835,016 2,653,045 Total Beginning Fund Balance 2,804,168 2,787,858 2,787,858 2,044,168 2,687,858 Revenue
Other Revenue 187,985 200,000 200,000 200,000 200,000
Total Revenue 187,985 200,000 200,000 200,000 200,000
Total Source of Funds 2,992,153 2,987,858 2,987,858 2,244,168 2,887,858 Expenditures
Capital Outlay 204,295 300,000 300,000 200,000 200,000
Total Expenditures 204,295 300,000 300,000 200,000 200,000 Ending Fund Balance
Encumbrance Carryover 34,813 34,813 34,813 209,152 34,813 Unrestricted 2,753,045 2,653,045 2,653,045 1,835,016 2,653,045 Total Ending Fund Balance 2,787,858 2,687,858 2,687,858 2,044,168 2,687,858 Total Use of Funds 2,992,153 2,987,858 2,987,858 2,244,168 2,887,858 208
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | ROAD MAINTENANCE AND
REHABILITATION (SB1) FUND (122)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Unrestricted 2,576,575 1,993,167 1,993,167 1,717,660 2,343,167 Total Beginning Fund Balance 2,576,575 1,993,167 1,993,167 1,717,660 2,343,167 Revenue
State Revenues 3,603,471 3,100,000 3,100,000 3,100,000 3,200,000 Interest 115,036 58,000 150,000 69,000 150,000
Total Revenue 3,718,507 3,158,000 3,250,000 3,169,000 3,350,000 Total Source of Funds 6,295,082 5,151,167 5,243,167 4,886,660 5,693,167 Transfers To
Streets and Highways Capital Fund 4,301,915 2,900,000 2,900,000 2,900,000 4,522,153 Total Transfers To 4,301,915 2,900,000 2,900,000 2,900,000 4,522,153 Ending Fund Balance
Unrestricted 1,993,167 2,251,167 2,343,167 1,986,660 1,171,014 Total Ending Fund Balance 1,993,167 2,251,167 2,343,167 1,986,660 1,171,014 Total Use of Funds 6,295,082 5,151,167 5,243,167 4,886,660 5,693,167 209
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
SPECIAL REVENUE FUNDS | TRAFFIC MITIGATION FUND (123)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Unrestricted 1,192,633 634,435 634,435 1,076,634 3,131,745 Total Beginning Fund Balance 1,192,633 634,435 634,435 1,076,634 3,131,745 Revenue
Other Fees for Services 414,853 500,000 1,033,517 750,000 750,000 Interest 357,949 200,000 330,000 200,000 200,000
Total Revenue 772,802 700,000 1,363,517 950,000 950,000 Transfers From
Streets and Highways Capital Fund 0 1,633,793 1,633,793 0 0 Total Transfers From 0 1,633,793 1,633,793 0 0
Total Source of Funds 1,965,435 2,968,228 3,631,745 2,026,634 4,081,745 Transfers To
Streets and Highways Capital Fund 1,331,000 500,000 500,000 750,000 1,751,500 Total Transfers To 1,331,000 500,000 500,000 750,000 1,751,500 Ending Fund Balance
Unrestricted 634,435 2,468,228 3,131,745 1,276,634 2,330,245 Total Ending Fund Balance 634,435 2,468,228 3,131,745 1,276,634 2,330,245 Total Use of Funds 1,965,435 2,968,228 3,631,745 2,026,634 4,081,745 210
Enterprise Funds
211
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212
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S

ENTERPRISE FUNDS
Enterprise funds are used to finance and account for operations and activities performed by designated departments in the City or through third party agreements. The operating revenues and expenses result from providing services and producing and delivering goods in connection with an enterprise fund’s principal ongoing operations. Principal operating revenues of the City’s enterprise funds are charges to customers for services. Operating expenses for the City's enterprise funds include the costs of sales and services, administrative expenses and maintenance of capital assets.

Cemetery Fund (093)
This fund is managed by the Parks and Recreation Department and supports the planning, development, operation, and maintenance of the City’s two cemetery properties, located on North Winchester Boulevard and Hope Drive.

Funding for these activities is provided through service charges and transfers from the General Fund.

Convention Center Enterprise Fund (860)
This fund was established in 1984 to account for the operations of the City’s Convention Center through third-party agreements. In February 2019, the City entered into an agreement with Global Spectrum, LP, dba Spectra Venue Management (Spectra). Spectra was subsequently acquired by Oak View Group (OVG360) and now manages the Convention Center. As part of the agreement, OVG360 provided the City with a recommended operating budget for FY 2025/26 and FY 2026/27. These submittals have been incorporated into the source and use documents.

Electric Operating Grant Trust Fund (191)
The City’s Electric Utility Department, known as Silicon Valley Power (SVP), initially established the Electric Operating Grant Trust Fund for the Public Benefits Program. For the Public Benefits Program, SVP is required to collect and spend 2.85% of its electric sales revenues (customer service charges from Electric Utility Fund) in accordance with assembly bill AB 1890 on cost-effective energy efficiency, new renewable power generation, low-income energy programs, and new electric technologies research and development.

In addition to the Public Benefits Program, the Electric Operating Grant Trust Fund also includes the Low Carbon Fuel and Greenhouse Gas (GHG) programs. These programs also use restricted revenue and have annual reporting requirements. The Low Carbon Fuel program is aimed at participating and complying with the California Air Resources Board (CARB) Low Carbon Fuel Standard (LCFS) Program to develop, educate and foster the adoption of electrification as transportation fuel. Program expenses are allocated and required to be spent within three primary groups: Clean Fuel Rewards Program, Equity Projects, and Customer Programs. The purpose of the Greenhouse Gas Program is to comply with Cap-and-Trade Regulation requirements to spend proceeds from selling allocated allowances, consistent with the goals of AB 32, and to provide benefit to retail ratepayers in the form of GHG reduction. 213
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O F F UN D S
Electric Utility Fund (091)
The Electric Utility Fund is managed by SVP and is the primary operating fund for electric utility service provided to City customers. SVP provides these services on a user charge basis to residences, businesses, and industrial customers, including large data centers.

The primary revenue source in the Electric Utility Fund is electric rates which are approved by the City Council. SVP typically submits a recommendation for rate increases annually. The rate increase recommendation is based on SVP’s ten-year forecast which includes SVP’s revenue and expenditure projections to cover operating costs, reserve requirements, debt service, capital improvement projects, and other legal obligations. At the same time, for low-income customers who have difficulty absorbing the rate increases, SVP continues to offer financial assistance and also offers energy conservation programs and rebates to help all customers reduce their electricity usage. Any proposed rate increase will be brought forward to the City Council for approval, typically with an effective date of January 1st, based on information available at that time and will include consideration of the expense drivers further described below.

For 2025, SVP had over 62,000 customer accounts in the City (rounded): 86.5% residential, 10.9% commercial, 2.1% industrial, and 0.5% other. The proportion of revenue contribution is reversed: 90.5% of revenues are generated by industrial customers, 5.6% from residential customers, 3.6% from commercial customers, and 0.3% from others.

Industrial customers include many publicly listed technology companies headquartered in the city and data centers hosting servers for these companies. Load growth and forecasted retail sales are based on a combination of historical data and forward-looking opportunities, especially from large key industrial customers. Additional revenues are generated through energy sales from SVP owned or jointly owned resources, capacity sales, Congestion Revenue Rights (CRR), Renewable Energy Credits (RECs), and ancillary services. Given the high concentration of revenue generated from industrial customers, SVP’s revenue growth prospect is highly correlated to Silicon Valley’s economic growth.

SVP’s primary expense drivers are electric supply, transmission, and distribution costs. For FY 2026/27, nearly all of SVP’s power supply is expected to be hedged by SVP owned or jointly owned resource, and power purchase agreements (PPAs). To optimize its resources, SVP constantly balances its load with resource production. When the actual load is higher than forecasted, or resource production is lower than forecasted, it will result in net power purchases within the California Independent System Operator (CAISO) market. When the actual load is lower than forecasted, or resource production is higher than forecasted, it will result in net power sales within the CAISO market.

Power market prices are highly correlated with natural gas prices and are subject to the same market volatility. If natural gas prices spike, higher than forecasted fuel costs to produce power at SVP owned or jointly owned gas fire generation and higher than forecasted costs to procure power from the market would be expected. The transmission access rates that apply to electric energy that SVP receives via the PG&E transmission system are expected to increase year over year. PG&E collects the transmission fees to fund the growing cost of maintenance and infrastructure improvements to the transmission grid. In addition, a significant part of SVP’s electric transmission and distribution cost is the capital improvement needed for system enhancement and maintaining the aging infrastructure system. These capital costs are dependent on labor and material costs that may fluctuate with changes in the economy.

Per the budget policy, this fund includes reserves for Rate Stabilization, Operations and Maintenance, Infrastructure, Special Projects (as needed), and Pension Stabilization. In FY 2025/26, the Grizzly Project and Tie Line Reserve is established to cover costs to replace the transmission line interconnected with PG&E’s transmission system (referred to as the Grizzly Tie Line) and other Grizzly project facilities. 214
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Sewer Utility Fund (094)
This fund is managed by the Water and Sewer Utilities Department and accounts for the maintenance of the City’s sewer lines and related facilities. The Department provides these services on a user charge basis to residences and businesses.

Each operating budget cycle, the Department develops a ten-year forecast based on their revenue and expenditure projections. Revenue in the Sewer Utility Fund is dictated by the utility rates approved by the City Council. An annual rate study is conducted by a third-party consultant selected by the Water and Sewer Utilities Department; this information is then used to determine both revenue and expenditure projections in the forecast. Revenue projections are based on a trend analysis and take into consideration historical data, expected activity, and anticipated rate increases. These rate increases will be presented to the City Council on June 9, 2026. If the proposed rates are approved, rates will be effective beginning July 1, 2026. Anticipated expenditures also play a role in the development of the revenue projections. Expenditure projections are based on historical data and the capital project needs included in the City’s Capital Improvement Program budget. Additionally, the City co-owns the Regional Wastewater Facility with the City of San José. Estimates are provided by the City of San José for Santa Clara’s share of the facility rebuild, and these estimates are also used in determining the expenditure projections in the Sewer Utility Fund.

Per the budget policy, this fund includes reserves for Rate Stabilization, Operations and Maintenance, Infrastructure, and Pension Stabilization. It also includes a Replacement and Improvement Reserve.

Solid Waste Fund (096)
This fund is managed by the Department of Public Works and accounts for the administration of the City’s garbage, yard waste, residential recycling, and Clean-Up Campaign services. The revenue projections are based on anticipated increases in solid waste rates due to increases in agreements for solid waste collection and processing services.

These rate increases will be presented to the City Council on May 19, 2026. If the proposed rates are approved, rates will be effective beginning July 1, 2026.

Per the budget policy, this fund includes reserves for Rate Stabilization, Operations and Maintenance, and Pension Stabilization.

Water Recycling Fund (097)
This fund is managed by the Water and Sewer Utilities Department and accounts for the ongoing maintenance and operations of the City of Santa Clara’s wastewater reclamation system. The Department provides these services on a user charge basis from the sale of non-potable water for irrigation and landscaping.

Each operating budget cycle, the Department develops a ten-year forecast with their revenue and expenditure projections. Revenue in the Water Recycling Program Fund are dictated by the utility rates approved by the City Council and the actual recycled water usage by customers. An annual rate study is conducted by a third-party consultant selected by the Water and Sewer Utilities Department; this information is then used to determine both revenue and expenditure projections in the forecast. Revenue projections are based on a trend analysis and take into consideration historical data, expected activity and anticipated rate increases. These rate increases will be presented to the City Council on June 9, 2026. If the proposed rates are approved, rates will be effective beginning July 1, 2026.

Anticipated expenditures also play a role in the development of the revenue projections. Expenditure projections are based on historical data and capital projects needs included in the City’s Capital Improvement Program budget.

Per the budget policy, this fund includes reserves for Rate Stabilization, Operations and Maintenance, Infrastructure, and Pension Stabilization.
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O F F UN D S
Water Utility Fund (092)
This fund is managed by the Water and Sewer Utilities Department and accounts for the operation of the City’s water utility services. The Department provides these services on a user charge basis to residences and businesses.

Each operating budget cycle, the Department develops a ten-year forecast with their revenue and expenditure projections. Revenue in the Water Utility Fund are dictated by the utility rates approved by the City Council and the actual water usage by residences and businesses. An annual rate study is conducted by a third-party consultant selected by the Water and Sewer Utilities Department; this information is then used to determine both revenue and expenditure projections in the forecast. Revenue projections are based on a trend analysis and take into consideration historical data, expected activity, and anticipated rate increases. These rate increases will be presented to the City Council on June 9, 2026. If the proposed rates are approved, rates will be effective beginning July 1, 2026. Anticipated expenditures also play a role in the development of the revenue projections. Expenditure projections are based on historical data and capital projects needs included in the City’s Capital Improvement Program Budget.

Per the adopted budget policy, this fund includes reserves for Rate Stabilization, Operations and Maintenance, Infrastructure, and Pension Stabilization. It also includes a Replacement and Improvement Reserve and a Water Conservation Reserve.

This is the second fiscal year of the biennial operating budget. The following section details the City of Santa Clara’s Enterprise Funds’ Statements of Sources and Uses and their Amended Budget for Fiscal Year 2026/27. 216
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ENTERPRISE FUNDS | CEMETERY FUND (093)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 0 17,075 17,075 0 17,075
Unrestricted 897,671 1,274,142 1,274,142 720,872 1,321,449 Total Beginning Fund Balance 897,671 1,291,217 1,291,217 720,872 1,338,524 Revenue
Other Fees for Services 712,589 600,000 626,000 600,000 612,000 Other Revenue 2,606 0 0 0 0
Total Revenue 715,195 600,000 626,000 600,000 612,000
Transfers From
General Fund 823,000 1,078,109 1,078,109 1,146,087 976,306 Endowment Care Fund 97,022 60,000 98,900 60,000 100,800 Perpetual Care Fund 1,383 500 1,400 500 1,400
Total Transfers From 921,405 1,138,609 1,178,409 1,206,587 1,078,506 Total Source of Funds 2,534,271 3,029,826 3,095,626 2,527,459 3,029,030 Expenditures
Salaries 246,659 540,686 540,686 575,176 547,036
Retirement and Benefits 174,092 408,756 408,756 419,792 378,569 Materials/Services/Supplies 490,862 572,314 572,314 436,206 436,206 Services From Other Funds - Cost
Allocation Plan
135,363 164,332 164,332 167,619 167,619
Interfund Services 193,441 71,014 71,014 72,220 144,109 Total Expenditures 1,240,417 1,757,102 1,757,102 1,671,013 1,673,539 Transfers To
General Government Capital Fund 2,637 0 0 0 0
Total Transfers To 2,637 0 0 0 0
Ending Fund Balance
Encumbrance Carryover 17,075 17,075 17,075 0 17,075
Unrestricted 1,274,142 1,255,649 1,321,449 856,446 1,338,416 Total Ending Fund Balance 1,291,217 1,272,724 1,338,524 856,446 1,355,491 Total Use of Funds 2,534,271 3,029,826 3,095,626 2,527,459 3,029,030 217
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ENTERPRISE FUNDS | CONVENTION CENTER ENTERPRISE
FUND (860)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 0 126,667 126,667 0 126,667
Operations and Maintenance Reserve 0 4,200,000 4,200,000 2,000,000 4,500,000 Restricted - Levy 784,990 967,273 967,273 784,990 967,273 Unrestricted 7,089,656 3,478,751 3,478,751 1,792,694 1,220,500 Total Beginning Fund Balance 7,874,646 8,772,691 8,772,691 4,577,684 6,814,440 Revenue
Rent 426,852 0 0 428,400 0
Interest 309,637 150,000 150,000 150,000 150,000
Event Revenue 17,766,292 16,762,686 16,762,686 18,154,205 18,154,205 Other Revenue 441,500 417,931 417,931 427,346 427,346
Total Revenue 18,944,281 17,330,617 17,330,617 19,159,951 18,731,551 Transfers From
General Fund 0 428,400 428,400 0 448,195
Total Transfers From 0 428,400 428,400 0 448,195
Total Source of Funds 26,818,927 26,531,708 26,531,708 23,737,635 25,994,186 Expenditures
Salaries 137,876 323,613 323,613 341,314 300,629
Retirement and Benefits 99,453 158,287 158,287 155,962 132,652 Materials/Services/Supplies 218,348 228,505 228,505 228,505 228,505 Interfund Services 0 156 156 163 232
Services From Other Funds - Cost
Allocation Plan
423,494 306,090 306,090 312,212 312,212
Event Expense 8,351,926 9,514,003 9,514,003 10,371,019 10,371,019 Indirect Expense 6,665,139 7,643,614 7,643,614 8,209,478 8,209,478 Total Expenditures 15,896,236 18,174,268 18,174,268 19,618,653 19,554,727 Transfers To
Convention Center Capital Fund 2,150,000 1,543,000 1,543,000 0 0 Total Transfers To 2,150,000 1,543,000 1,543,000 0 0
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ENTERPRISE FUNDS | CONVENTION CENTER ENTERPRISE
FUND (860)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Ending Fund Balance
Encumbrance Carryover 126,667 126,667 126,667 0 126,667 Operations and Maintenance Reserve 4,200,000 4,500,000 4,500,000 2,000,000 4,500,000 Restricted - Levy 967,273 967,273 967,273 784,990 967,273 Unrestricted 3,478,751 1,220,500 1,220,500 1,333,992 845,519 Total Ending Fund Balance 8,772,691 6,814,440 6,814,440 4,118,982 6,439,459 Total Use of Funds 26,818,927 26,531,708 26,531,708 23,737,635 25,994,186 219
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O F F UN D S
ENTERPRISE FUNDS | ELECTRIC OPERATING GRANT TRUST
FUND (191)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Public Benefits 59,781,800 50,218,868 50,218,868 53,721,197 59,170,603 Low Carbon Fuel 719,553 545,266 545,266 1,898,607 964,834 Greenhouse Gas 29,760,020 30,744,643 30,744,643 12,714,739 10,068,064 Total Beginning Fund Balance 90,261,373 81,508,777 81,508,777 68,334,543 70,203,501 Revenue
Charges for Services 20,947,895 22,125,086 22,826,197 23,707,687 25,388,232 Low Carbon Fuel 0 1,755,000 1,755,000 2,600,000 2,600,000 Greenhouse Gas 20,056,762 22,077,435 22,077,435 22,534,424 19,155,763 Other Revenue 1,279,212 59,000 59,000 65,000 65,000
Interest 2,526,159 2,091,644 2,091,644 2,358,948 2,137,432 Total Revenue 44,810,028 48,108,165 48,809,276 51,266,059 49,346,427 Transfers From
Electric Utility Capital Fund 0 1,000,000 1,000,000 0 0 Total Transfers From 0 1,000,000 1,000,000 0 0
Total Source of Funds 135,071,401 130,616,942 131,318,053 119,600,602 119,549,928 Expenditures
Salaries 645,634 1,271,645 1,271,645 1,355,456 1,491,911 Retirement and Benefits 412,314 714,769 714,769 726,836 758,858 Materials/Services/Supplies 2,310,068 2,920,750 2,920,750 2,989,850 3,632,250 Mandated Program Costs 1,517,648 4,928,000 4,928,000 6,269,000 9,019,000 Services From Other Funds - Cost
Allocation Plan
209,429 298,942 298,942 304,921 304,921
Contribution In Lieu 1,173,703 1,106,254 1,141,310 1,185,384 1,269,412 Interfund Services 9,224 47,862 47,862 48,970 52,630
Total Expenditures 6,278,020 11,288,222 11,323,278 12,880,417 16,528,982 Transfers To
Electric Utility Fund 41,640,517 46,586,966 46,586,966 28,089,383 45,000,000 Electric Utility Capital Fund 3,750,000 0 0 0 3,010,000 Fire Department Capital Fund 0 79,372 79,372 0 0
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O F F UN D S
ENTERPRISE FUNDS | ELECTRIC OPERATING GRANT TRUST
FUND (191)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Transfers To
Parks and Recreation Capital Fund 0 335,000 335,000 0 0 Streets and Highways Capital Fund 1,323,855 789,936 2,789,936 0 1,328,704 Vehicle Replacement Fund 570,232 0 0 0 0
Total Transfers To 47,284,604 47,791,274 49,791,274 28,089,383 49,338,704 Ending Fund Balance
Public Benefits 50,218,868 58,504,548 59,170,603 61,863,531 33,752,415 Low Carbon Fuel 545,266 964,834 964,834 3,815,191 1,736,731 Greenhouse Gas 30,744,643 12,068,064 10,068,064 12,952,080 18,193,096 Total Ending Fund Balance 81,508,777 71,537,446 70,203,501 78,630,802 53,682,242 Total Use of Funds 135,071,401 130,616,942 131,318,053 119,600,602 119,549,928 221
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O F F UN D S
ENTERPRISE FUNDS | ELECTRIC UTILITY FUND (091)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 6,022,037 11,055,485 11,055,485 6,022,037 11,055,485 Infrastructure Reserve 50,000,000 50,000,000 50,000,000 50,000,000 61,000,000 Operations and Maintenance Reserve 195,000,000 278,000,000 278,000,000 377,000,000 356,158,000 Pension Trust Reserve 10,065,874 11,792,344 11,792,344 10,826,979 12,792,344 Rate Stabilization Reserve 66,000,000 74,000,000 74,000,000 78,000,000 78,000,000 Grizzly Project and Tie Line Reserve 0 0 0 30,000,000 39,584,897 Trading Restricted Reserve 9,449,807 7,621,750 7,621,750 8,741,965 7,621,750 Unrestricted 90,938,838 150,134,371 150,134,371 95,522,554 92,957,174 Total Beginning Fund Balance 427,476,556 582,603,950 582,603,950 656,113,535 659,169,650 Revenue
Charges for Services 740,863,703 772,818,794 797,419,194 831,648,673 888,894,599 Other Fees for Services 1,495,139 1,575,000 1,575,000 1,600,000 1,600,000 Other Agencies Revenue 26,079 0 0 0 0
Interest 30,038,579 23,487,617 23,487,617 25,658,378 30,177,487 Rents 3,704,980 3,652,625 3,652,625 3,738,628 3,738,628 Wholesale Revenue 20,436,824 27,551,565 27,551,565 51,665,593 15,893,716 Restricted Revenues 2,718,750 1,013,475 1,013,475 1,013,475 2,063,475 Other Revenue 14,503,155 2,388,000 2,388,000 2,607,500 8,979,420 Sale of Land 0 0 5,643,119 0 0
Total Revenue 813,787,209 832,487,076 862,730,595 917,932,247 951,347,325 Transfers From
Electric Operating Grant Trust Fund 41,640,517 46,586,966 46,586,966 28,089,383 45,000,000 Total Transfers From 41,640,517 46,586,966 46,586,966 28,089,383 45,000,000 Total Source of Funds 1,282,904,282 1,461,677,992 1,491,921,511 1,602,135,165 1,655,516,975 Expenditures
Salaries 40,353,624 55,913,174 55,913,174 59,020,333 59,322,185 Retirement and Benefits 20,845,972 27,452,233 27,452,233 27,480,812 28,212,521 Materials/Services/Supplies 40,542,537 43,499,905 43,499,905 45,494,700 56,538,576 Resource/Production 437,906,419 479,618,515 499,721,503 546,013,855 558,896,492 Services From Other Funds - Cost
Allocation Plan
9,218,408 12,191,096 12,191,096 12,434,918 12,080,461
Interfund Services 3,384,678 4,453,991 4,453,991 4,528,789 4,533,570 Contribution In Lieu 37,708,078 40,265,602 41,495,622 43,157,109 45,913,604 Capital Outlay 6,594,499 15,081,000 18,281,000 32,000 32,000 Total Expenditures 596,554,215 678,475,516 703,008,524 738,162,516 765,529,409 222
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O F F UN D S
ENTERPRISE FUNDS | ELECTRIC UTILITY FUND (091)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Transfers To
General Fund 383,129 0 0 0 225,120
General Government Capital Fund 1,280,286 295,032 295,032 605,234 204,000 Electric Utility Capital Fund 64,363,700 98,633,000 106,633,000 89,256,168 156,967,000 Electric Utility Debt Service Fund 27,354,002 22,518,403 22,518,403 22,533,040 23,233,040 Public Buildings Capital Fund 0 0 0 0 56,050
Street Lighting Capital Fund 10,365,000 125,000 125,000 125,000 7,647,000 Vehicle Replacement Fund 0 171,902 171,902 0 0
Total Transfers To 103,746,117 121,743,337 129,743,337 112,519,442 188,332,210 Ending Fund Balance
Encumbrance Carryover 11,055,485 11,055,485 11,055,485 6,022,037 11,055,485 Infrastructure Reserve 50,000,000 61,000,000 61,000,000 70,000,000 73,000,000 Operations and Maintenance Reserve 278,000,000 356,158,000 356,158,000 418,000,000 375,000,000 Pension Trust Reserve 11,792,344 11,792,344 12,792,344 11,866,979 12,911,979 Rate Stabilization Reserve 74,000,000 78,000,000 78,000,000 83,000,000 89,000,000 Grizzly Project and Tie Line Reserve 0 39,584,897 39,584,897 30,000,000 42,000,000 Trading Restricted Reserve 7,621,750 7,621,750 7,621,750 8,741,965 8,741,965 Unrestricted 150,134,371 96,246,663 92,957,174 123,822,226 89,945,927 Total Ending Fund Balance 582,603,950 661,459,139 659,169,650 751,453,207 701,655,356 Total Use of Funds 1,282,904,282 1,461,677,992 1,491,921,511 1,602,135,165 1,655,516,975 223
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O F F UN D S
ENTERPRISE FUNDS | SEWER UTILITY FUND (094)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 515,966 372,096 372,096 515,966 372,096 Replacement and Improvement Reserve 1,507,553 1,507,553 1,507,553 1,507,553 1,507,553 Rate Stabilization Reserve 4,248,070 4,593,020 4,593,020 5,117,550 5,417,550 Operations and Maintenance Reserve 8,348,279 16,348,279 16,348,279 9,902,225 10,202,225 Infrastructure Reserve 4,793,175 5,288,968 5,288,968 11,995,541 12,295,541 Pension Stabilization Reserve 958,752 1,124,084 1,124,084 1,032,098 1,124,084 Reserve for Settlements 3,000,000 1,257,713 1,257,713 2,135,000 0 Unrestricted 11,946,860 10,600,995 10,600,995 3,714,617 8,107,316 Total Beginning Fund Balance 35,318,655 41,092,708 41,092,708 35,920,550 39,026,365 Revenue
Other Agencies Revenue 6,251,846 560,000 2,212,137 560,000 560,000 Charges for Services 49,051,502 51,175,500 52,000,000 55,860,000 57,170,500 Other Fees for Services 65,125 20,400 50,000 20,808 20,808 Interest 1,430,413 605,475 2,400,000 617,585 617,585
Rents 56,175 46,000 57,000 46,000 46,000
Other Revenue 68,214 18,135 70,000 0 0
Total Revenue 56,923,275 52,425,510 56,789,137 57,104,393 58,414,893 Total Source of Funds 92,241,930 93,518,218 97,881,845 93,024,943 97,441,258 Expenditures
Salaries 2,420,363 3,321,243 2,700,000 3,520,051 3,441,769 Retirement and Benefits 1,547,549 2,017,113 1,700,000 2,049,549 2,020,820 Right of Way Rental Expense 2,484,088 2,536,140 2,536,140 2,707,730 2,860,000 Materials/Services/Supplies 1,575,007 615,864 1,380,000 628,182 628,182 Resource/Production 24,850,079 28,181,014 28,350,000 28,737,900 30,200,000 Services From Other Funds - Cost
Allocation Plan
1,519,002 1,836,276 1,836,276 1,873,002 1,873,002
Interfund Services 1,544,341 1,931,340 1,931,340 1,976,379 1,489,745 Total Expenditures 35,940,429 40,438,990 40,433,756 41,492,793 42,513,518 Transfers To
General Government Capital Fund 85,001 6,867 6,867 47,144 0 Public Buildings Capital Fund 612,624 0 0 0 14,525
224
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
ENTERPRISE FUNDS | SEWER UTILITY FUND (094)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Transfers To
PW CIP Management Fund 0 0 0 0 506,376
Sewer Utility Capital Fund 12,570,472 15,216,632 15,216,632 8,774,449 3,695,281 Sewer Utility Debt Service Fund 0 0 0 3,300,762 4,503,938 Special Liability Insurance Fund 1,742,287 3,138,725 3,138,725 0 0 Streets and Highways Capital Fund 198,409 34,000 34,000 0 0 Vehicle Replacement Fund 0 25,500 25,500 0 0
Total Transfers To 15,208,793 18,421,724 18,421,724 12,122,355 8,720,120 Ending Fund Balance
Encumbrance Carryover 372,096 372,096 372,096 515,966 372,096 Replacement and Improvement Reserve 1,507,553 1,507,553 1,507,553 1,507,553 1,507,553 Rate Stabilization Reserve 4,593,020 5,417,550 5,417,550 5,586,000 5,719,131 Operations and Maintenance Reserve 16,348,279 10,202,225 10,202,225 10,231,100 10,565,990 Infrastructure Reserve 5,288,968 12,295,541 12,295,541 11,995,541 10,000,000 Pension Stabilization Reserve 1,124,084 1,124,084 1,124,084 1,032,098 1,124,084 Reserve for Settlements 1,257,713 0 0 2,135,000 0
Unrestricted 10,600,995 3,738,455 8,107,316 6,406,537 16,918,766 Total Ending Fund Balance 41,092,708 34,657,504 39,026,365 39,409,795 46,207,620 Total Use of Funds 92,241,930 93,518,218 97,881,845 93,024,943 97,441,258 225
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
ENTERPRISE FUNDS | SOLID WASTE FUND (096)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 3,152,543 4,313,310 4,313,310 3,152,543 4,313,310 Operations and Maintenance Reserve 2,675,520 10,325,285 10,325,285 8,439,165 7,167,221 Pension Trust Reserve 469,938 551,088 551,088 505,996 551,088 Rate Stabilization Reserve 1,765,150 1,765,150 1,765,150 3,521,899 4,173,156 Unrestricted 7,943,800 (522,970) (522,970) 0 140,000
Total Beginning Fund Balance 16,006,951 16,431,863 16,431,863 15,619,603 16,344,775 Revenue
Other Agencies Revenue 183,182 198,990 198,990 197,000 172,000 Interest 46,579 75,000 75,000 75,000 75,000
Charges for Services 2,831,452 2,942,856 3,082,856 3,045,810 3,162,882 Grant Funding 0 282,063 282,063 0 0
Other Fees for Services 37,883,108 38,788,704 38,788,704 40,640,252 41,219,830 Other Revenue 38,371 0 0 0 0
Total Revenue 40,982,692 42,287,613 42,427,613 43,958,062 44,629,712 Transfers From
General Fund 102,564 102,564 102,564 102,564 102,564
Total Transfers From 102,564 102,564 102,564 102,564 102,564 Total Source of Funds 57,092,207 58,822,040 58,962,040 59,680,229 61,077,051 Expenditures
Salaries 1,144,971 1,252,959 1,252,959 1,318,346 1,312,034 Retirement and Benefits 632,111 629,606 629,606 635,969 595,432 Materials/Services/Supplies 1,710,370 2,089,095 2,089,095 2,191,455 2,222,495 Contribution in Lieu 826,099 795,055 795,055 853,745 915,156 Resource/Production 32,745,487 34,106,079 34,106,079 35,772,849 36,741,766 Services From Other Funds - Cost
Allocation Plan
1,457,115 1,555,330 1,555,330 1,586,437 1,586,437
Interfund Services 1,065,421 1,632,941 1,632,941 1,655,008 1,650,797 Total Expenditures 39,581,574 42,061,065 42,061,065 44,013,809 45,024,117 Transfers To
General Government Capital Fund 48,770 2,200 2,200 21,867 0 Public Buildings Capital Fund 0 0 0 0 9,875
Solid Waste Capital Fund 1,030,000 554,000 554,000 576,160 976,160 Total Transfers To 1,078,770 556,200 556,200 598,027 986,035 226
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
ENTERPRISE FUNDS | SOLID WASTE FUND (096)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Ending Fund Balance
Encumbrance Carryover 4,313,310 4,313,310 4,313,310 3,152,543 4,313,310 Operations and Maintenance Reserve 10,325,285 7,167,221 7,167,221 7,742,025 7,284,679 Pension Trust Reserve 551,088 551,088 551,088 505,996 551,088 Rate Stabilization Reserve 1,765,150 4,173,156 4,173,156 3,667,829 2,917,822 Unrestricted (522,970) 0 140,000 0 0
Total Ending Fund Balance 16,431,863 16,204,775 16,344,775 15,068,393 15,066,899 Total Use of Funds 57,092,207 58,822,040 58,962,040 59,680,229 61,077,051 227
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
ENTERPRISE FUNDS | WATER RECYCLING FUND (097)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 25,100 37,429 37,429 25,100 37,429 Rate Stabilization Reserve 2,327,420 803,880 803,880 803,880 934,880 Operations and Maintenance Reserve 2,262,095 2,800,000 2,800,000 2,200,000 3,000,000 Infrastructure Reserve 51,500 51,500 51,500 51,500 51,500 Pension Stabilization Reserve 168,123 197,081 197,081 180,952 197,081 Unrestricted 2,395,985 4,290,365 4,290,365 263,632 3,384,379 Total Beginning Fund Balance 7,230,223 8,180,255 8,180,255 3,525,064 7,605,269 Revenue
Other Agencies Revenue 1,331,354 350,000 0 364,000 364,000 Charges for Services 8,704,683 9,140,100 9,500,000 11,085,400 11,085,400 Other Fees for Services 17,833 20,800 10,000 21,632 21,632 Interest 107,409 100,509 200,000 102,519 102,519
Other Revenue 503,997 40,000 35,000 41,600 41,600
Total Revenue 10,665,276 9,651,409 9,745,000 11,615,151 11,615,151 Total Source of Funds 17,895,499 17,831,664 17,925,255 15,140,215 19,220,420 Expenditures
Salaries 604,427 788,765 580,000 833,632 792,071
Retirement and Benefits 335,134 486,928 370,000 492,739 473,350 Right of Way Rental Expense 434,986 457,550 457,550 515,280 550,000 Materials/Services/Supplies 60,125 39,876 43,000 40,702 40,702 Resource/Production 8,167,166 10,871,145 8,200,000 9,988,000 9,988,000 Services From Other Funds - Cost
Allocation Plan
88,395 134,933 134,933 137,632 137,632
Interfund Services 18,449 19,903 19,903 20,486 19,247
Total Expenditures 9,708,682 12,799,100 9,805,386 12,028,471 12,001,002 Transfers To
General Government Capital Fund 6,562 0 0 0 0
Recycled Water Capital Fund 0 50,000 50,000 50,000 50,000 Water Utility Capital Fund 0 464,600 464,600 0 0
Total Transfers To 6,562 514,600 514,600 50,000 50,000
228
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
ENTERPRISE FUNDS | WATER RECYCLING FUND (097)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Ending Fund Balance
Encumbrance Carryover 37,429 37,429 37,429 25,100 37,429 Rate Stabilization Reserve 803,880 934,880 934,880 803,880 1,300,000 Operations and Maintenance Reserve 2,800,000 2,200,000 3,000,000 1,800,000 3,000,000 Infrastructure Reserve 51,500 51,500 51,500 51,500 51,500 Pension Stabilization Reserve 197,081 197,081 197,081 180,952 197,081 Unrestricted 4,290,365 1,097,074 3,384,379 200,312 2,583,408 Total Ending Fund Balance 8,180,255 4,517,964 7,605,269 3,061,744 7,169,418 Total Use of Funds 17,895,499 17,831,664 17,925,255 15,140,215 19,220,420 229
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
ENTERPRISE FUNDS | WATER UTILITY FUND (092)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 1,216,030 1,116,154 1,116,154 1,216,030 1,116,154 Replacement and Improvement Reserve 303,090 303,090 303,090 303,090 303,090 Water Conservation Reserve 33,125 33,125 33,125 33,125 33,125 Rate Stabilization Reserve 3,823,460 6,823,460 6,823,460 7,318,450 7,318,450 Operations and Maintenance Reserve 5,435,580 7,435,580 7,435,580 8,000,000 10,787,500 Infrastructure Reserve 1,028,800 1,028,800 1,028,800 4,787,500 2,000,000 Pension Stabilization Reserve 1,927,637 2,255,660 2,255,660 2,070,898 2,255,660 Unrestricted 5,006,123 2,231,360 2,231,360 4,132,906 2,126,787 Total Beginning Fund Balance 18,773,845 21,227,229 21,227,229 27,861,999 25,940,766 Revenue
Charges for Services 63,686,249 73,184,500 70,000,000 78,814,100 82,908,541 Other Fees for Services 2,452,782 2,038,874 2,600,000 2,080,859 2,080,859 Interest 739,362 450,000 800,000 500,000 500,000
Rents 56,175 47,840 66,000 49,754 49,754
Other Revenue 369,265 694,607 300,000 695,549 695,549
Total Revenue 67,303,833 76,415,821 73,766,000 82,140,262 86,234,703 Total Source of Funds 86,077,678 97,643,050 94,993,229 110,002,261 112,175,469 Expenditures
Salaries 4,255,351 6,215,162 5,000,000 6,609,857 6,403,367 Retirement and Benefits 2,971,609 3,821,316 3,500,000 3,884,658 3,763,439 Right of Way Rental Expense 3,156,152 3,479,260 3,479,260 3,731,880 4,140,000 Materials/Services/Supplies 3,427,053 4,089,579 3,800,000 4,162,441 4,300,000 Resource/Production 41,682,087 42,859,200 41,250,000 47,514,000 49,261,800 Services From Other Funds - Cost
Allocation Plan
3,043,221 3,694,822 3,694,822 3,768,718 3,768,718
Interfund Services 1,884,972 2,480,909 2,480,909 2,534,340 2,513,848 Capital Outlay 0 260,880 260,880 156,060 156,060
Total Expenditures 60,420,445 66,901,128 63,465,871 72,361,954 74,307,232 Transfers To
Electric Utility Capital Fund 195,500 220,500 220,500 246,000 0 General Government Capital Fund 239,504 131,592 131,592 159,870 122,000 Public Buildings Capital Fund 0 0 0 0 32,850
230
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
ENTERPRISE FUNDS | WATER UTILITY FUND (092)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Transfers To
Vehicle Replacement Fund 0 59,500 59,500 0 0
Water Utility Capital Fund 3,995,000 5,175,000 5,175,000 4,400,000 4,125,000 Total Transfers To 4,430,004 5,586,592 5,586,592 4,805,870 4,279,850 Ending Fund Balance
Encumbrance Carryover 1,116,154 1,116,154 1,116,154 1,216,030 1,116,154 Replacement and Improvement Reserve 303,090 303,090 303,090 303,090 303,090 Water Conservation Reserve 33,125 33,125 33,125 33,125 33,125 Rate Stabilization Reserve 6,823,460 7,318,450 7,318,450 7,881,410 8,498,940 Operations and Maintenance Reserve 7,435,580 10,787,500 10,787,500 12,000,000 17,500,000 Infrastructure Reserve 1,028,800 2,000,000 2,000,000 4,787,500 2,000,000 Pension Stabilization Reserve 2,255,660 2,255,660 2,255,660 2,070,898 2,255,660 Unrestricted 2,231,360 1,341,351 2,126,787 4,542,384 1,881,418 Total Ending Fund Balance 21,227,229 25,155,330 25,940,766 32,834,437 33,588,387 Total Use of Funds 86,077,678 97,643,050 94,993,229 110,002,261 112,175,469 231
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Internal Service
Funds
233
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234
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S

INTERNAL SERVICE FUNDS
Internal Service Funds are used to finance and account for special activities and services performed by a designated department for other departments in the City on a cost reimbursement basis.

Communication Acquisitions Fund (048)
This fund is managed by the Police Department and accounts for the maintenance and replacement of communication equipment used by various City departments. The source of revenue for this fund is fees charged to the departments that require this type of equipment. Public safety radios that reached their end of useful life were most recently replaced and deployed in summer 2025.

Fleet Operations Fund (053)
This fund is managed by the Department of Public Works and accounts for the maintenance of City-owned vehicles and equipment used by all departments. The source of revenue for this fund is fees charged to the departments requiring vehicle maintenance.

Information Technology Services Fund (045)
This fund was established in FY 2019/20 and is managed by the Information Technology Department (ITD). This fund accounts for general information technology services provided to all City departments, citywide costs associated with computer and telephone equipment replacement as well as other services including new or upgraded software and additional licenses for new users. The source of revenue for this fund is fees charged to the departments. There are several CIP projects managed by ITD that have been shifted from the General Government Capital Fund to this internal service fund, which include funding for cybersecurity and the replacement of network equipment and computers.

Public Works Capital Projects Management Fund (044)
This fund was established in FY 2019/20 and is managed by the Department of Public Works. This fund accounts for the Public Works staff time and non-personnel costs to manage and work on specific capital improvement programs of the City. Historically, the source of revenue for this fund is fees charged to the departments requiring Public Works capital project management services. Starting in FY 2026/27, Public Works will begin directly charging certain capital projects for project management services. The remaining capital project management costs in this fund will be funded through transfers from the General Fund and Sewer Capital Fund.

Special Liability Insurance Fund (082)
This fund is managed by the City Attorney’s Office and accounts for liability exposures to the City, including general liability, errors and omissions, and employment practices. The Special Liability Fund covers claims costs and excess liability insurance costs. The source of revenue for this fund is charges to the departments citywide as well as transfers from the General Fund and Enterprise Funds.

Unemployment Insurance Fund (087)
This fund is managed by the Human Resources Department and accounts for the cost of unemployment insurance claims. The source of revenue for this fund is charges to the departments citywide. 235
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
Vehicle Replacement Fund (050)
This fund is managed by the Department of Public Works and accounts for the lifecycle, replacement, procurement, upfit, and disposal of all vehicles used by City departments. The source of revenue for this fund is charges to the departments requiring these services.

Workers’ Compensation Fund (081)
This fund is managed by the Human Resources Department and accounts for the costs of premiums, claims administration, and claims expenses related to injuries or illnesses sustained by members of the City’s workforce. The source of revenue for this fund is charges to departments citywide. Department allocations are determined using actual workers’ compensation claims history.

This is the second fiscal year of the biennial operating budget. The following section details the City of Santa Clara’s Internal Service Funds’ Statements of Sources and Uses and their Amended Budget for Fiscal Year 2026/27. 236
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
INTERNAL SERVICE FUNDS | COMMUNICATION ACQUISITIONS
FUND (048)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 6,058,720 578,302 578,302 6,058,720 578,302 Equipment Replacement Reserve 1,220,603 1,302,869 1,302,869 1,220,603 1,302,869 Unrestricted 941,312 2,439,595 2,439,595 1,904,312 2,439,595 Total Beginning Fund Balance 8,220,635 4,320,766 4,320,766 9,183,635 4,320,766 Revenue
Other Agencies Revenue 963,000 0 0 0 0
Other Fees for Services 1,067,904 1,064,336 1,064,336 1,068,501 1,068,501 Total Revenue 2,030,904 1,064,336 1,064,336 1,068,501 1,068,501 Total Source of Funds 10,251,539 5,385,102 5,385,102 10,252,136 5,389,267 Expenditures
Maintenance 309,113 325,643 325,643 329,256 329,256
Capital Outlay 5,621,660 738,693 738,693 739,245 739,245 Total Expenditures 5,930,773 1,064,336 1,064,336 1,068,501 1,068,501 Ending Fund Balance
Encumbrance Carryover 578,302 578,302 578,302 6,058,720 578,302 Equipment Replacement Reserve 1,302,869 1,302,869 1,302,869 1,220,603 1,302,869 Unrestricted 2,439,595 2,439,595 2,439,595 1,904,312 2,439,595 Total Ending Fund Balance 4,320,766 4,320,766 4,320,766 9,183,635 4,320,766 Total Use of Funds 10,251,539 5,385,102 5,385,102 10,252,136 5,389,267 237
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
INTERNAL SERVICE FUNDS | FLEET OPERATIONS FUND (053)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 54,936 358,838 358,838 54,936 358,838 Unrestricted 1,170,117 1,309,630 1,309,630 1,149,747 1,149,747 Total Beginning Fund Balance 1,225,053 1,668,468 1,668,468 1,204,683 1,508,585 Revenue
Other Agencies Revenue 4,635 4,162 4,162 4,245 4,000
Other Fees for Services 5,991,850 6,708,927 6,708,927 6,901,271 7,220,728 Other Revenue 153,949 34,881 34,881 35,055 35,148
Total Revenue 6,150,434 6,747,970 6,747,970 6,940,571 7,259,876 Total Source of Funds 7,375,487 8,416,438 8,416,438 8,145,254 8,768,461 Expenditures
Salaries 1,684,049 1,851,798 1,851,798 1,946,274 2,165,598 Retirement and Benefits 1,185,935 1,255,403 1,255,403 1,268,911 1,390,037 Materials/Services/Supplies 2,678,631 3,241,949 3,241,949 3,169,371 3,143,459 Interfund Services 115,515 175,749 175,749 176,818 171,912 Services From Other Funds - Cost
Allocation Plan
42,889 382,954 382,954 390,613 390,613
Total Expenditures 5,707,019 6,907,853 6,907,853 6,951,987 7,261,619 Ending Fund Balance
Encumbrance Carryover 358,838 358,838 358,838 54,936 358,838 Unrestricted 1,309,630 1,149,747 1,149,747 1,138,331 1,148,004 Total Ending Fund Balance 1,668,468 1,508,585 1,508,585 1,193,267 1,506,842 Total Use of Funds 7,375,487 8,416,438 8,416,438 8,145,254 8,768,461 238
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
INTERNAL SERVICE FUNDS | INFORMATION TECHNOLOGY
SERVICES FUND (045)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 1,089,829 2,332,590 2,332,590 1,089,829 2,332,590 Unrestricted 1,672,310 2,984,290 2,984,290 883,818 1,160,960 Total Beginning Fund Balance 2,762,139 5,316,880 5,316,880 1,973,647 3,493,550 Revenue
Other Fees for Services 15,239,338 18,127,387 18,127,387 18,417,936 18,968,788 Total Revenue 15,239,338 18,127,387 18,127,387 18,417,936 18,968,788 Total Source of Funds 18,001,477 23,444,267 23,444,267 20,391,583 22,462,338 Expenditures
Salaries 1,432,903 1,985,297 1,985,297 2,126,514 2,036,301 Retirement and Benefits 728,211 996,696 996,696 999,248 870,266 Materials/Services/Supplies 10,401,094 16,082,711 16,082,711 14,811,934 15,582,270 Interfund Services 1,237 1,985 1,985 2,067 2,407
Capital Outlay 121,152 884,028 884,028 477,544 477,544
Total Expenditures 12,684,597 19,950,717 19,950,717 18,417,307 18,968,788 Ending Fund Balance
Encumbrance Carryover 2,332,590 2,332,590 2,332,590 1,089,829 2,332,590 Unrestricted 2,984,290 1,160,960 1,160,960 884,447 1,160,960 Total Ending Fund Balance 5,316,880 3,493,550 3,493,550 1,974,276 3,493,550 Total Use of Funds 18,001,477 23,444,267 23,444,267 20,391,583 22,462,338 239
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
INTERNAL SERVICE FUNDS | PUBLIC WORKS CAPITAL
PROJECTS MANAGEMENT FUND (044)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 783,977 871,933 871,933 783,977 871,933 Unrestricted 198,329 324,103 324,103 0 0
Total Beginning Fund Balance 982,306 1,196,036 1,196,036 783,977 871,933 Revenue
Other Fees for Services 4,373,674 4,991,087 4,991,087 5,119,299 0 Total Revenue 4,373,674 4,991,087 4,991,087 5,119,299 0 Transfers From
General Fund 0 0 0 0 3,086,840
Sewer Utility Fund 0 0 0 0 506,376
Total Transfers From 0 0 0 0 3,593,216
Total Source of Funds 5,355,980 6,187,123 6,187,123 5,903,276 4,465,149 Expenditures
Salaries 2,193,204 2,469,369 2,469,369 2,583,507 974,970 Retirement and Benefits 1,319,712 1,384,999 1,384,999 1,373,927 1,452,737 Materials/Services/Supplies 207,321 494,585 494,585 506,117 506,117 Services From Other Funds - Cost
Allocation Plan
205,026 507,604 507,604 517,756 517,756
Interfund Services 36,352 134,530 134,530 137,992 141,636 Total Expenditures 3,961,615 4,991,087 4,991,087 5,119,299 3,593,216 Transfers To
General Fund 162,677 201,743 201,743 0 0
Parks and Recreation Capital Fund 0 83,794 83,794 0 0
Sewer Utility Capital Fund 35,652 38,566 38,566 0 0
Total Transfers To 198,329 324,103 324,103 0 0
Ending Fund Balance
Encumbrance Carryover 871,933 871,933 871,933 783,977 871,933 Unrestricted 324,103 0 0 0 0
Total Ending Fund Balance 1,196,036 871,933 871,933 783,977 871,933 Total Use of Funds 5,355,980 6,187,123 6,187,123 5,903,276 4,465,149 240
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
INTERNAL SERVICE FUNDS | SPECIAL LIABILITY INSURANCE
FUND (082)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 84,698 57,062 57,062 84,698 57,062 Reserve for Future Claims 9,000,000 4,700,000 4,700,000 4,700,000 12,000,000 Unrestricted 3,711,625 9,122,880 9,122,880 2,153,285 4,211,239 Total Beginning Fund Balance 12,796,323 13,879,942 13,879,942 6,937,983 16,268,301 Revenue
Other Fees for Services 6,530,000 7,390,000 7,390,000 7,655,000 8,000,000 Misc. Other Revenue 0 0 195,000 0 0
Other Revenue 3,356,623 0 0 0 0
Total Revenue 9,886,623 7,390,000 7,585,000 7,655,000 8,000,000 Transfers From
Sewer Utility Fund 1,742,287 3,138,725 2,250,264 0 0
Total Transfers From 1,742,287 3,138,725 2,250,264 0 0
Total Source of Funds 24,425,233 24,408,667 23,715,206 14,592,983 24,268,301 Expenditures
Claims Payments 7,516,895 3,361,000 2,850,000 3,428,000 4,133,000 Consultant and Administration Costs 130,057 136,000 136,000 139,000 139,000 Insurance Premiums 2,898,339 5,655,000 4,460,905 4,088,000 4,257,000 Total Expenditures 10,545,291 9,152,000 7,446,905 7,655,000 8,529,000 Ending Fund Balance
Encumbrance Carryover 57,062 57,062 57,062 84,698 57,062 Reserve for Future Claims 4,700,000 12,000,000 12,000,000 4,700,000 12,000,000 Unrestricted 9,122,880 3,199,605 4,211,239 2,153,285 3,682,239 Total Ending Fund Balance 13,879,942 15,256,667 16,268,301 6,937,983 15,739,301 Total Use of Funds 24,425,233 24,408,667 23,715,206 14,592,983 24,268,301 241
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
INTERNAL SERVICE FUNDS | UNEMPLOYMENT INSURANCE
FUND (087)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Unrestricted 279,047 185,610 185,610 144,047 125,610
Total Beginning Fund Balance 279,047 185,610 185,610 144,047 125,610 Revenue
Other Fees for Services 0 100,000 100,000 105,000 168,000 Total Revenue 0 100,000 100,000 105,000 168,000
Total Source of Funds 279,047 285,610 285,610 249,047 293,610 Expenditures
Materials/Services/Supplies 93,437 100,000 160,000 105,000 168,000 Total Expenditures 93,437 100,000 160,000 105,000 168,000 Ending Fund Balance
Unrestricted 185,610 185,610 125,610 144,047 125,610
Total Ending Fund Balance 185,610 185,610 125,610 144,047 125,610 Total Use of Funds 279,047 285,610 285,610 249,047 293,610 242
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
INTERNAL SERVICE FUNDS | VEHICLE REPLACEMENT FUND
(050)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 3,628,202 2,229,153 2,229,153 3,628,202 2,229,153 Equipment Replacement Reserve 6,130,757 6,651,878 6,651,878 6,130,757 6,651,878 Unrestricted 5,896,763 5,906,282 5,906,282 7,149,857 6,762,560 Total Beginning Fund Balance 15,655,722 14,787,313 14,787,313 16,908,816 15,643,591 Revenue
Other Fees for Services 4,719,391 6,609,099 6,609,099 6,672,100 6,868,821 Sale of Land or Property 244,082 161,919 161,919 161,919 161,919 Total Revenue 4,963,473 6,771,018 6,771,018 6,834,019 7,030,740 Transfers From
Electric Operating Grant Trust Fund 570,232 0 0 0 0
Electric Utility Fund 0 171,902 171,902 0 0
General Fund 196,917 374,000 374,000 0 0
Sewer Utility Fund 83,636 25,500 25,500 0 0
Water Utility Fund 0 59,500 59,500 0 0
Total Transfers From 850,785 630,902 630,902 0 0
Total Source of Funds 21,469,980 22,189,233 22,189,233 23,742,835 22,674,331 Expenditures
Capital Outlay 6,112,435 4,162,384 4,162,384 1,270,000 1,470,000 Electric Vehicle Replacements 570,232 2,373,000 2,373,000 593,635 681,000 Total Expenditures 6,682,667 6,535,384 6,535,384 1,863,635 2,151,000 Transfers To
Police Operating Grant Trust Fund 0 10,258 10,258 0 0
Total Transfers To 0 10,258 10,258 0 0
Ending Fund Balance
Encumbrance Carryover 2,229,153 2,229,153 2,229,153 3,628,202 2,229,153 Equipment Replacement Reserve 6,651,878 6,651,878 6,651,878 6,130,757 6,651,878 Unrestricted 5,906,282 6,762,560 6,762,560 12,120,241 11,642,300 Total Ending Fund Balance 14,787,313 15,643,591 15,643,591 21,879,200 20,523,331 Total Use of Funds 21,469,980 22,189,233 22,189,233 23,742,835 22,674,331 243
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
INTERNAL SERVICE FUNDS | WORKERS’ COMPENSATION
FUND (081)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Reserve for Future Claims 8,500,000 8,500,000 8,500,000 8,500,000 8,500,000 Reserve for Prepayment 715,126 1,072,718 1,072,718 715,126 1,072,718 Unrestricted 967,373 1,401,998 1,401,998 968,373 578,998 Total Beginning Fund Balance 10,182,499 10,974,716 10,974,716 10,183,499 10,151,716 Revenue
Other Fees for Services 6,327,000 6,858,000 6,858,000 7,101,000 7,260,000 Other Revenue (113,656) 0 27,000 0 0
Total Revenue 6,213,344 6,858,000 6,885,000 7,101,000 7,260,000 Total Source of Funds 16,395,843 17,832,716 17,859,716 17,284,499 17,411,716 Expenditures
Materials/Services/Supplies 3,966,813 5,990,000 5,990,000 5,140,000 5,140,000 Insurance Premiums 1,454,314 1,868,000 1,718,000 1,961,000 2,120,000 Total Expenditures 5,421,127 7,858,000 7,708,000 7,101,000 7,260,000 Ending Fund Balance
Reserve for Future Claims 8,500,000 8,500,000 8,500,000 8,500,000 8,500,000 Reserve for Prepayment 1,072,718 1,072,718 1,072,718 715,126 1,072,718 Unrestricted 1,401,998 401,998 578,998 968,373 578,998
Total Ending Fund Balance 10,974,716 9,974,716 10,151,716 10,183,499 10,151,716 Total Use of Funds 16,395,843 17,832,716 17,859,716 17,284,499 17,411,716 244
Capital Improvement
Program Funds
245
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D

US E S O F FU ND S

CAPITAL IMPROVEMENT PROGRAM FUNDS
Capital Improvement Program Funds are established to account for specific revenues and expenditures that are earmarked for major improvements to the City’s infrastructure, replacements and upgrades to City assets, and improvements and upgrades to the City’s utilities. The City of Santa Clara has various capital funds set up for different types of capital projects.

Cemetery Capital Fund (593)
The capital projects included in this fund are related to construction, engineering, repairs, and design of the two Cityowned cemeteries.

City Affordable Housing Capital Fund (565)
This fund accounts for housing impact fees collected by the City. These housing impact fees are eligible to be used for any items in compliance with the Affordable Housing Ordinance.

Convention Center Capital Fund (865)
This fund was established in FY 2020/21 through Report to Council 21-1176 approved by the City Council on January 12, 2021. This fund accounts for the capital improvements to the Convention Center. Improvements to the Convention Center are funded by the initial City capital contribution from the General Fund; developer contributions from the Convention Center operations management team, OVG360, and the food and beverage operator, Levy; and transfers from the Convention Center Enterprise Fund.

Electric Utility Capital Fund (591)
This fund accounts for projects pertaining to system improvements, substation construction, and technology projects.

Customer service charges, developer contributions, load development fees, debt financing, and transfers from other enterprise funds are the primary sources of revenue for these projects.

Fire Department Capital Fund (536)
This fund tracks projects that include the replacement of firefighting equipment, defibrillators, personal protective equipment, firehouse safety systems, and fire station improvements. Grants and the General Fund provide the funding for these projects.

General Government Capital Fund (539)
This fund accounts for projects primarily related to the implementation, maintenance, and upgrades for the various applications in Citywide departments. The funding sources are mainly from grants and transfers from the City’s enterprise funds and the General Fund.

Infrastructure Replacement Capital Fund (501)
This fund is recommended to be established as part of the FY 2026/27 and FY 2027/28 Proposed Capital Improvement Program Budget. This sinking fund will set aside General Fund dollars to support the replacement of the City’s infrastructure. As projects are identified, funding will be transferred from this fund to the applicable capital funds. 247
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US E S O F FU ND S
Library Department Capital Fund (537)
This fund tracks projects associated with the capital maintenance, construction, safety, and appearance of library facilities, funded by the General Fund.

Measure I General Obligation (GO) Bond Projects Fund (613) This fund was established in FY 2025/26 through Report to Council 25-992 approved by the City Council on September 16, 2025. This fund accounts for the projects funded by the voter approved, Measure I General Obligation Bond.

Parks and Recreation Capital Fund (532)
This fund accounts for the projects associated with the acquisition, development, and capital improvement of neighborhood and community parks, recreation facilities, and open space to meet the needs of City residents. Funding sources for these projects include developer contributions, grants and donations, parks Mitigation Fee Act (MFA) fees, Quimby Act fees, and the General Fund.

Public Buildings Capital Fund (538)
The projects in this fund are associated with repairs and capital maintenance for public buildings, including mechanical and electrical systems, primarily funded by the General Fund.

Recycled Water Capital Fund (597)
This fund tracks projects related to the installation of recycled water mains, including extensions to existing service and for new developments, supported by recycled water customer service charges.

Related Santa Clara Developer Fund (540)
This fund tracks the financial resources from the Developer to fund City staff in pre-development and permit processing efforts and third-party consultant work for the Related Santa Clara project.

Sewer Utility Capital Fund (594)
This fund tracks projects related to the construction and upkeep of the City’s sewer system including sewer mains and the City of Santa Clara/San José wastewater treatment facility. These projects are funded through customer service charges, connection charges, debt financing, and the sewer conveyance fee.

Solid Waste Capital Fund (596)
The capital projects included in this fund are related to the construction of wells, well abandonments, erosion, maintenance of landfill gas, and miscellaneous landfill monitoring requirements. Funding sources for these projects include lease revenues, customer service charges, and developer contributions. 248
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D

US E S O F FU ND S
Storm Drain Capital Fund (535)
The projects in the Storm Drain Capital Fund contribute to the expansion, construction, and rehabilitation of the City’s storm drain system. Primary funding sources include the General Fund and developer-funded storm drain charges.

Street Lighting Capital Fund (534)
This fund accounts for projects related to the replacement and installation of citywide street lighting to provide adequate lighting for streets, new developments, and parking lots. These projects are funded via customer service charges, developer contributions, and electric public benefits charges.

Streets and Highways Capital Fund (533)
This fund tracks the City’s projects that are related to the maintenance of local transportation facilities, traffic infrastructure, street rehabilitation, sidewalk, curb, and gutter improvements. Primary funding sources for these types of projects include traffic mitigation fees, gas tax, Road Maintenance and Rehabilitation Account proceeds, and the General Fund.

Tasman East Infrastructure Improvement Fund (541)
This fund was established in FY 2020/21 through the Report to Council 20-787 approved by the City Council on November 17, 2020, and is managed by the Department of Public Works. This fund accounts for impact fee revenues and project expenditures related to the Tasman East Specific Plan.

Water Utility Capital Fund (592)
The projects in this fund pertain to the construction and upkeep of the water system including water mains, hydrants, wells and pumps, storage tanks, and the asset management system. Customer service charges and developer contributions are the primary funding sources for these projects.

The following section details the City of Santa Clara’s Capital Improvement Program Funds’ Statements of Sources and Uses and their Proposed Biennial Capital Budget for Fiscal Years 2026/27 and 2027/28, and the five-year planning period.
249
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | CEMETERY CAPITAL FUND (593) 2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Unrestricted 326,584 56,095 56,095 56,095 56,095 56,095 56,095 Total Beginning Fund Balance 326,584 56,095 56,095 56,095 56,095 56,095 56,095 Total Source of Funds 326,584 56,095 56,095 56,095 56,095 56,095 56,095 Expenditures
3628 - Sarah E. Fox Mausoleum Repairs 270,489 0 0 0 0 0 0 Total Expenditures 270,489 0 0 0 0 0 0
Ending Fund Balance
Unrestricted 56,095 56,095 56,095 56,095 56,095 56,095 56,095 Total Ending Fund Balance 56,095 56,095 56,095 56,095 56,095 56,095 56,095 Total Use of Funds 326,584 56,095 56,095 56,095 56,095 56,095 56,095 250
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | CITY AFFORDABLE HOUSING CAPITAL FUND (565)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Unrestricted 5,253,121 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 Total Beginning Fund Balance 5,253,121 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 Transfers From
City Affordable Housing Fund 5,155,639 0 0 0 0 0 0
Total Transfers From 5,155,639 0 0 0 0 0 0
Total Source of Funds 10,408,760 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 Expenditures
5211 - Civic Center Drive - Low Income Housing 4,944,484 0 0 0 0 0 0 Total Expenditures 4,944,484 0 0 0 0 0 0
Ending Fund Balance
Unrestricted 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 Total Ending Fund Balance 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 Total Use of Funds 10,408,760 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 5,464,276 251
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | CONVENTION CENTER CAPITAL FUND (865)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Unrestricted 2,556,630 0 0 0 0 0 0
Total Beginning Fund Balance 2,556,630 0 0 0 0 0 0
Transfers From
Convention Center Enterprise Fund 1,543,000 0 0 0 0 0 0 Total Transfers From 1,543,000 0 0 0 0 0 0
Total Source of Funds 4,099,630 0 0 0 0 0 0
Expenditures
8101 - Santa Clara Convention Center Condition Assessment Repair
4,099,630 0 0 0 0 0 0
Total Expenditures 4,099,630 0 0 0 0 0 0
Ending Fund Balance
Unrestricted 0 0 0 0 0 0 0
Total Ending Fund Balance 0 0 0 0 0 0 0
Total Use of Funds 4,099,630 0 0 0 0 0 0
252
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | ELECTRIC UTILITY CAPITAL FUND (591)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Encumbrance Carryover 110,995,973 110,995,973 110,995,973 110,995,973 110,995,973 110,995,973 110,995,973 Unrestricted 169,214,967 27,496,033 27,496,033 27,496,033 12,496,033 12,496,033 27,496,033 Total Beginning Fund Balance 280,210,940 138,492,006 138,492,006 138,492,006 123,492,006 123,492,006 138,492,006 Revenue
Line of Credit / Debt Financing 246,000,000 54,770,000 24,260,000 21,730,000 3,240,000 0 104,000,000 Other Revenue 57,894,849 3,032,000 11,165,000 3,960,000 4,437,000 4,685,000 27,279,000 Total Revenue 303,894,849 57,802,000 35,425,000 25,690,000 7,677,000 4,685,000 131,279,000 Transfers From
Electric Debt Service Fund 108,490,177 0 0 0 0 0 0
Electric Operating Grant Trust Fund 0 3,010,000 2,260,000 0 0 0 5,270,000 Electric Utility Fund 98,633,000 156,967,000 133,362,000 162,060,000 74,800,000 51,950,000 579,139,000 Water Utility Fund 220,500 0 140,000 0 0 0 140,000
Total Transfers From 207,343,677 159,977,000 135,762,000 162,060,000 74,800,000 51,950,000 584,549,000 Total Source of Funds 791,449,466 356,271,006 309,679,006 326,242,006 205,969,006 180,127,006 854,320,006 Expenditures
2004 - Fiber Development, Design, and Expansion 4,210,032 2,140,000 2,125,000 2,106,000 1,670,000 1,680,000 9,721,000 2005 - New Business Estimate Work 14,645,927 7,827,000 8,224,000 8,635,000 9,062,000 9,505,000 43,253,000 2006 - Transmission and Distribution Capital Maintenance and Betterments
31,901,441 6,439,000 6,516,000 10,218,000 6,104,000 6,409,000 35,686,000 2008 - Substation Capital Maintenance and Betterments 1,604,000 873,000 873,000 873,000 680,000 680,000 3,979,000 2010 - Electric Yard Buildings and Grounds 1,219,582 315,000 316,000 317,000 318,000 319,000 1,585,000 2104 - Serra Substation Re-Build 0 0 0 0 0 0 0
2111 - Implementation of Advanced Metering Infrastructure (AMI) 59,167 854,000 149,000 100,000 100,000 100,000 1,303,000 2119 - Generation Capital Maintenance and Betterments 1,678,984 1,375,000 1,600,000 1,648,000 1,698,000 1,748,000 8,069,000 2124 - Transmission System Reinforcements 327,746 0 0 0 0 0 0 2127 - Major Engine Overhaul and Repair 2,083,344 2,548,000 10,396,000 6,465,000 6,818,000 7,810,000 34,037,000 253
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | ELECTRIC UTILITY CAPITAL FUND (591)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Expenditures
2395 - Operations and Planning Technology 11,886,798 9,670,000 3,250,000 0 0 2,000,000 14,920,000 2398 - Clean Energy and Carbon Reduction 4,776,715 0 0 0 0 0 0 2410 - System Expansion Planning and Analysis 5,881,399 4,105,000 3,035,000 5,105,000 3,095,000 3,125,000 18,465,000 2418 - Esperanca Substation 26,752,273 6,135,000 10,845,000 0 0 0 16,980,000 2423 - Utility Billing CIS Replacement 3,500,000 0 0 0 0 0 0 2424 - Substation Physical Security Improvements 20,709,609 10,100,000 0 0 0 0 10,100,000 2429 - Storm Water Compliance 212,042 0 0 0 0 0 0
2431 - Homestead Substation Rebuild 6,750,138 20,000,000 20,000,000 0 0 0 40,000,000 2432 - Yard Pavement Project 1,301,224 2,400,000 0 0 0 0 2,400,000 2434 - Replace Balance of Plant Control System (DCS) 506,494 0 0 0 0 0 0 2435 - DOT Gas Pipeline Upgrades and Repairs 1,189,866 0 0 0 0 0 0 2437 - Valve Replacement and Repair 1,048,828 0 0 0 0 0 0 2441 - Electric Vehicle (EV) Charging 2,378,854 0 0 0 0 0 0 2442 - San Tomas Junction 1,041,140 0 0 0 0 0 0
2443 - Laurelwood Substation 2,356,526 0 0 0 0 0 0
2444 - Northwest Loop Capacity Upgrade 7,894,098 0 0 0 0 0 0 2446 - Renewable Energy Microgrid 3,065,427 0 0 0 0 0 0 2447 - Substation Control and Communication System Replacement 5,532,732 4,750,000 2,000,000 0 0 0 6,750,000 2448 - Stender Way Junction Substation 2,879,877 0 0 0 0 0 0 2449 - Memorex Junction Substation 3,277,926 0 0 0 0 0 0 2450 - Martin Avenue Junction Substation 7,244,682 0 0 0 0 0 0 2451 - Freedom Circle Junction Substation 1,987,571 0 0 0 0 0 0 2452 - 60KV Breaker Upgrades 2,851,917 100,000 0 0 0 0 100,000 2453 - KRS Rebuild and Replacement 95,915,236 0 0 0 0 0 0 2454 - NRS Upgrades and Expansion 131,396,739 0 0 0 0 0 0 2455 - NRS-KRS 115kV Line 44,088,431 0 0 0 0 0 0
2456 - SRS Rebuild and Replacement 92,826,217 0 0 0 0 0 0 2457 - Bowers Avenue Junction 2,838,092 0 0 0 0 0 0
2458 - Walsh-Uranium 60kV Reconductor 10,191,289 0 0 0 0 0 0 2459 - Transmission Loop 1 10,663,876 2,000,000 14,099,000 88,845,000 995,000 995,000 106,934,000 254
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | ELECTRIC UTILITY CAPITAL FUND (591)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Expenditures
2460 - Grizzly Tap Line Repairs 1,438,489 0 0 0 0 0 0
2461 - Battery Energy Storage System 2,841,130 0 0 0 0 0 0 2462 - Juliette Substation Transformer Rerate and Installation 25,141,631 0 0 0 0 0 0 2463 - Transmission Loop 2 1,924,989 0 0 0 0 0 0
2464 - Democracy Substation 58,177 0 0 0 0 0 0
2465 - Duane-Scott 115kV Reconductor 2,420,000 130,000 3,459,000 4,567,000 969,000 0 9,125,000 2466 - South Loop Reconductor 4,010,000 0 5,032,000 21,725,000 3,488,000 0 30,245,000 2467 - Northwestern – Zeno 60kV Reconductor 999,776 0 0 0 13,435,000 13,614,000 27,049,000 2468 - Palm Substation Expansion 6,231,014 8,435,000 5,430,000 0 0 0 13,865,000 2469 - Agnew Rebuild and Expansion 5,995,623 0 0 0 29,700,000 8,650,000 38,350,000 2470 - Freedom Circle Fuel Cell Installation 1,378,392 0 0 0 0 0 0 2471 - Central Substation Rebuild and Replacement 4,000,000 0 0 0 0 0 0 2472 - Northwest Loop Capacity Upgrade Phase II 4,000,000 3,230,000 359,000 10,402,000 0 0 13,991,000 2500 - NRS 80kA Breakers Replacement Project 20,842,000 0 0 0 0 0 0 NEW - DVR Spare Engine Procurement Project 0 20,000,000 10,000,000 0 0 0 30,000,000 NEW - Revenue Metering Improvement 0 3,010,000 2,260,000 0 0 0 5,270,000 NEW - Hydro Penstock Repairs 0 1,075,000 0 0 0 0 1,075,000 NEW - SCADA Upgrade 0 2,500,000 0 0 0 0 2,500,000
NEW - CAISO 3rd 230kV T-Line Into NRS 0 60,130,000 24,260,000 21,730,000 3,240,000 0 109,360,000 NEW - System Wide Distribution Capacitor Replacement 0 1,078,000 772,000 773,000 40,000 0 2,663,000 NEW - Central Expressway Underbuild Double Circuited 60kV & 12kV 0 6,555,000 9,669,000 6,933,000 0 0 23,157,000 NEW - NRS to Agnew 60 kV Line Reconductoring 0 1,735,000 1,422,000 6,444,000 1,065,000 0 10,666,000 NEW - Flexible Load Interconnection Program 0 7,099,000 3,611,000 0 0 0 10,710,000 NEW - Uranium Feeder Reliability Improvement 0 475,000 606,000 288,000 0 0 1,369,000 NEW - Spare Equipment Strategy & Procurement 0 20,198,000 19,321,000 4,478,000 0 0 43,997,000 NEW - Dynamic Facility Ratings Project 0 345,000 696,000 1,098,000 0 0 2,139,000 NEW - Duane Substation Bulk Electric System Compliance
Requirement
0 153,000 862,000 0 0 0 1,015,000
Total Expenditures 651,957,460 217,779,000 171,187,000 202,750,000 82,477,000 56,635,000 730,828,000 255
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | ELECTRIC UTILITY CAPITAL FUND (591)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Transfers To
Electric Operating Grant Trust Fund 1,000,000 0 0 0 0 0 0 Total Transfers To 1,000,000 0 0 0 0 0 0
Ending Fund Balance
Encumbrance Carryover 110,995,973 110,995,973 110,995,973 110,995,973 110,995,973 110,995,973 110,995,973 Unrestricted 27,496,033 27,496,033 27,496,033 12,496,033 12,496,033 12,496,033 12,496,033 Total Ending Fund Balance 138,492,006 138,492,006 138,492,006 123,492,006 123,492,006 123,492,006 123,492,006 Total Use of Funds 791,449,466 356,271,006 309,679,006 326,242,006 205,969,006 180,127,006 854,320,006 256
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | FIRE DEPARTMENT CAPITAL FUND (536)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Encumbrance Carryover 880,481 880,481 880,481 880,481 880,481 880,481 880,481 Unrestricted 973,548 0 0 0 0 0 0
Total Beginning Fund Balance 1,854,029 880,481 880,481 880,481 880,481 880,481 880,481 Transfers From
General Fund 28,345 0 0 0 0 0 0
General Fund - Capital Projects Reserve 420,348 31,000 0 0 0 0 31,000 Electric Operating Grant Trust Fund 79,372 0 0 0 0 0 0
Total Transfers From 528,065 31,000 0 0 0 0 31,000
Total Source of Funds 2,382,094 911,481 880,481 880,481 880,481 880,481 911,481 Expenditures
4064 - City-Wide AED Replacements 448 0 0 0 0 0 0
4094 - Computer Aided Dispatch (CAD) Alerting System Upgrade 27,451 0 0 0 0 0 0 4086 - Emergency Operations Center Capital Refurbishment 40,358 0 0 0 0 0 0 4085 - Emergency Operations Center Communications System 29,336 0 0 0 0 0 0 4088 - EMS System First Responder Projects 9,695 0 0 0 0 0 0 4059 - EOC Security Upgrades 649,260 0 0 0 0 0 0
4061 - Fire Station 3 Sprinklers 66,000 31,000 0 0 0 0 31,000 4062 - Fire Station Washers and Dryers 67,932 0 0 0 0 0 0 4099 - PW Capital Projects Management 28,345 0 0 0 0 0 0 4063 - Replacement SCBA Filling Stations 2,975 0 0 0 0 0 0 4058 - Training Center Audio Visual Equipment 49,500 0 0 0 0 0 0 4070 - Training Tower Stair Repair 511,549 0 0 0 0 0 0
Total Expenditures 1,482,849 31,000 0 0 0 0 31,000
257
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | FIRE DEPARTMENT CAPITAL FUND (536)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Transfers To
General Fund - Capital Projects Reserve 18,764 0 0 0 0 0 0 Total Transfers To 18,764 0 0 0 0 0 0
Ending Fund Balance
Encumbrance Carryover 880,481 880,481 880,481 880,481 880,481 880,481 880,481 Unrestricted 0 0 0 0 0 0 0
Total Ending Fund Balance 880,481 880,481 880,481 880,481 880,481 880,481 880,481 Total Use of Funds 2,382,094 911,481 880,481 880,481 880,481 880,481 911,481 258
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | GENERAL GOVERNMENT CAPITAL FUND (539)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year
CIP Total
Beginning Fund Balance
Encumbrance Carryover 2,001,887 2,001,887 2,001,887 2,001,887 2,001,887 2,001,887 2,001,887 Unrestricted 10,673,087 0 0 0 0 0 0
Total Beginning Fund Balance 12,674,974 2,001,887 2,001,887 2,001,887 2,001,887 2,001,887 2,001,887 Transfers From
Building Development Services Fund 17,101 0 0 0 0 0 0
Electric Utility Fund 295,032 204,000 210,000 217,000 224,000 232,000 1,087,000 Fire Development Services Fund 3,807 0 0 0 0 0 0
Sewer Utility Fund 6,867 0 0 0 0 0 0
Solid Waste Fund 2,200 0 0 0 0 0 0
Water Utility Fund 131,592 122,000 126,000 130,000 135,000 139,000 652,000 General Fund 3,060,902 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 15,000,000 General Fund - Capital Projects Reserve 309,401 200,000 100,000 0 0 0 300,000 General Fund - Technology Fee Reserve 0 50,000 0 0 0 0 50,000 Total Transfers From 3,826,902 3,576,000 3,436,000 3,347,000 3,359,000 3,371,000 17,089,000 Total Source of Funds 16,501,876 5,577,887 5,437,887 5,348,887 5,360,887 5,372,887 19,090,887 Expenditures
6549 - Agenda and Document Management Systems 489,735 0 0 0 0 0 0 6118 - CAD/RMS System Replacement 15,581 0 0 0 0 0 0
6003 - City Facilities Fiber Network 155,946 0 0 0 0 0 0 6566 - City Hall Data Center HVAC Remediation 350,000 0 0 0 0 0 0 6513 - Computer Replacement Program 230,631 0 0 0 0 0 0 6550 - Cyber Security Risk Mitigation 243,920 0 0 0 0 0 0 6569 - Downtown City Property Evaluation 50,000 0 0 0 0 0 0 6559 - Downtown Master Plan 13,501 0 0 0 0 0 0
6563 - El Camino Specific Plan 710,825 0 0 0 0 0 0
259
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | GENERAL GOVERNMENT CAPITAL FUND (539)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Expenditures
6551 - End User/Desktop Transformation 95,851 0 0 0 0 0 0 6501 - FHRMS Update Project 4,271,396 0 0 0 0 0 0
6534 - GIS Enterprise System (Geospatial Information System) 414,893 326,000 336,000 347,000 359,000 371,000 1,739,000 6532 - Intranet Collaboration Suite Implementation 175,375 0 0 0 0 0 0 6568 - Measure I Bond Projects Furniture, Fixtures and Equipment 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,000,000 6598 - Measure I Bond Projects Implementation 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 10,000,000 6558 - Morse Mansion Maintenance & Repair 35,003 50,000 50,000 0 0 0 100,000 6555 - Office Reconfiguration 231,590 0 0 0 0 0 0
6075 - Permit Information System 81,891 50,000 0 0 0 0 50,000 6567 - Police Vehicle Mobile Data Computer Replacement 160,083 0 0 0 0 0 0 6564 - Precise Plan for Downtown 1,611 0 0 0 0 0 0
6599 - Public Works Capital Project Management 10,902 0 0 0 0 0 0 NEW - Replacement VOIP Phone System for Aging Mitel Connect 0 150,000 50,000 0 0 0 200,000 6562 - Transportation Demand Management 112,839 0 0 0 0 0 0 6179 - UPRR Agnew Siding - City Utility Protection/Relocation 1,594,926 0 0 0 0 0 0 6103 - Utility Management Information System (UMIS) Enhancements 2,043,506 0 0 0 0 0 0 Total Expenditures 14,490,005 3,576,000 3,436,000 3,347,000 3,359,000 3,371,000 17,089,000 Transfers To
General Fund - Capital Projects Reserve 444 0 0 0 0 0 0 General Fund - Land Sale Reserve 9,540 0 0 0 0 0 0
Total Transfers To 9,984 0 0 0 0 0 0
Ending Fund Balance
Encumbrance Carryover 2,001,887 2,001,887 2,001,887 2,001,887 2,001,887 2,001,887 2,001,887 Unrestricted 0 0 0 0 0 0 0
Total Ending Fund Balance 2,001,887 2,001,887 2,001,887 2,001,887 2,001,887 2,001,887 2,001,887 Total Use of Funds 16,491,892 5,577,887 5,437,887 5,348,887 5,360,887 5,372,887 19,090,887 260
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | INFRASTRUCTURE REPLACEMENT CAPITAL FUND (501)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Reserve for Capital Improvements 0 0 10,420,000 21,143,000 32,366,000 43,994,000 0 Total Beginning Fund Balance 0 0 10,420,000 21,143,000 32,366,000 43,994,000 0 Transfers From
General Fund 0 10,420,000 10,723,000 11,223,000 11,628,000 12,073,000 56,067,000 Total Transfers From 0 10,420,000 10,723,000 11,223,000 11,628,000 12,073,000 56,067,000 Total Source of Funds 0 10,420,000 21,143,000 32,366,000 43,994,000 56,067,000 56,067,000 Ending Fund Balance
Reserve for Capital Improvements 0 10,420,000 21,143,000 32,366,000 43,994,000 56,067,000 56,067,000 Total Ending Fund Balance 0 10,420,000 21,143,000 32,366,000 43,994,000 56,067,000 56,067,000 Total Use of Funds 0 10,420,000 21,143,000 32,366,000 43,994,000 56,067,000 56,067,000 261
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | LIBRARY DEPARTMENT CAPITAL FUND (537)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Unrestricted 653,160 0 0 0 0 0 0
Total Beginning Fund Balance 653,160 0 0 0 0 0 0
Transfers From
General Fund 21,804 0 0 0 0 0 0
General Fund - Capital Projects Reserve 0 0 0 1,620,000 522,000 0 2,142,000 Total Transfers From 21,804 0 0 1,620,000 522,000 0 2,142,000 Total Source of Funds 674,964 0 0 1,620,000 522,000 0 2,142,000 Expenditures
5055 - Central Park Library Concrete Sidewalk Replacement 115,652 0 0 0 0 0 0 5057 - Central Park Library Radio Coverage 172,813 0 0 0 0 0 0 5056 - Northside Branch Library Automated Materials Handling 332,400 0 0 0 0 0 0 5053 - Photovoltaic System Installation at the Northside Branch 830 0 0 0 0 0 0 5049 - Public Spaces 28,626 0 0 0 0 0 0
5099 - PW Capital Projects Management 21,804 0 0 0 0 0 0 5044 - Remodel of Mission Branch Library 2,839 0 0 0 0 0 0 NEW - Central Park Library Carpet Replacement 0 0 0 1,098,000 0 0 1,098,000 NEW - Central Park Library Repaint Interior 0 0 0 522,000 522,000 0 1,044,000 Total Expenditures 674,964 0 0 1,620,000 522,000 0 2,142,000 Ending Fund Balance
Unrestricted 0 0 0 0 0 0 0
Total Ending Fund Balance 0 0 0 0 0 0 0
Total Use of Funds 674,964 0 0 1,620,000 522,000 0 2,142,000 262
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | MEASURE I GENERAL OBLIGATION (GO) BOND PROJECTS FUND (613)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Unrestricted 0 63,214,425 0 0 0 0 63,214,425
Total Beginning Fund Balance 0 63,214,425 0 0 0 0 63,214,425 Transfers From
Measure I General Obligation (GO) Bond Debt Service Fund 96,634,500 0 0 0 0 0 0 Total Transfers From 96,634,500 0 0 0 0 0 0
Total Source of Funds 96,634,500 63,214,425 0 0 0 0 63,214,425 Expenditures
6240 - Street Resurfacing and Rehabilitation 812,800 15,187,200 0 0 0 0 15,187,200 6241 - ADA Improvements 0 5,000,000 0 0 0 0 5,000,000
6242 - Creek Trail Rehabilitation 244,275 2,255,725 0 0 0 0 2,255,725 6243 - Bicycle Wayfinding 0 300,000 0 0 0 0 300,000
6249 - Streets and Transportation - Contingency/Escalation/Administration 0 3,570,000 0 0 0 0 3,570,000 6280 - Fire Station 5 Replacement 2,000,000 2,000,000 0 0 0 0 2,000,000 6281 - Fire Training Tower Renovation 0 783,000 0 0 0 0 783,000 6282 - Fire Station Security Upgrade 0 1,900,000 0 0 0 0 1,900,000 6283 - Fire Station 7 Replacement 500,000 3,500,000 0 0 0 0 3,500,000 6289 - Fire Stations and Emergency Response - 0 1,602,450 0 0 0 0 1,602,450 6270 - Real Time Intelligence Center (RTIC) Feasibility 0 150,000 0 0 0 0 150,000 6271 - Police Training Facility Feasibility & Assessment 0 250,000 0 0 0 0 250,000 6272 - Police Department Drone First Responder Infrastructure 0 50,000 0 0 0 0 50,000 6273 - Emergency Operations Center Infrastructure 250,000 0 0 0 0 0 0 6279 - Police Facilities - Contingency/Escalation/Administration 0 105,000 0 0 0 0 105,000 6250 - Community ISC Aquatic Facility Renovation/Replacement (Phase 1) 22,200,000 0 0 0 0 0 0 6251 - Community ISC Aquatic Facility Renovation/Replacement (Phase 2) 0 2,000,000 0 0 0 0 2,000,000 263
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | MEASURE I GENERAL OBLIGATION (GO) BOND PROJECTS FUND (613)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Expenditures
6252 - Warburton Park Playground Renovations 0 3,000,000 0 0 0 0 3,000,000 6253 - Henry Schmidt Playground Renovations 4,325,000 0 0 0 0 0 0 6254 - Central Library Restrooms Remodeling & Access Control 0 250,000 0 0 0 0 250,000 6255 - Central Library Lighting Control System Replacement 0 250,000 0 0 0 0 250,000 6256 - Central Library Entry Auto Door System Replacement 0 200,000 0 0 0 0 200,000 6257 - Central, Mission, and North side Libraries Renovation Designs 0 1,200,000 0 0 0 0 1,200,000 6259 - Parks, Library, Senior Center, and Aquatics Facilities - 2,220,000 2,793,750 0 0 0 0 2,793,750 6220 - Storm Drain System Improvements 0 5,000,000 0 0 0 0 5,000,000 6221 - Green Storm Drain Infrastructure Design & Construction 560,000 6,085,000 0 0 0 0 6,085,000 6222 - Bowers Ave Underpass SDPS Rehabilitation 308,000 1,722,000 0 0 0 0 1,722,000 6223 - SDPS Motor and Control Replacement 0 347,000 0 0 0 0 347,000 6224 - Storm Drain Pump Station Outfall Reconstruction Program 0 250,000 0 0 0 0 250,000 6225 - Storm Drain Renovations 0 150,000 0 0 0 0 150,000 6229 - Storm Drain System Improvements -
Contingency/Escalation/Administration
0 2,163,300 0 0 0 0 2,163,300
6211 - Triton Museum Renovation 0 1,000,000 0 0 0 0 1,000,000 6219 - Historic Buildings and Beautification -
Contingency/Escalation/Administration
0 150,000 0 0 0 0 150,000
Total Expenditures 33,420,075 63,214,425 0 0 0 0 63,214,425 Ending Fund Balance
Unrestricted 0 0 0 0 0 0 0
Total Ending Fund Balance 0 0 0 0 0 0 0
Total Use of Funds 33,420,075 63,214,425 0 0 0 0 63,214,425 264
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | PARKS AND RECREATION CAPITAL FUND (532)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Encumbrance Carryover 2,201,864 2,201,864 2,201,864 2,201,864 2,201,864 2,201,864 2,201,864 Unallocated Mitigation Fee Act Fees 39,493,533 28,636,751 25,954,751 25,716,606 18,380,156 18,380,156 28,636,751 Unallocated Quimby Act Fees 9,759,791 5,016,881 3,891,881 3,891,881 3,891,881 3,891,881 5,016,881 Unallocated Developer Contributions 1,078,087 144,725 144,725 144,725 144,725 144,725 144,725 Unallocated Recreation Area Lot Fees 140,316 140,317 140,317 140,317 140,317 140,317 140,317 Unrestricted 12,582,934 0 0 0 0 0 0
Total Beginning Fund Balance 65,256,525 36,140,538 32,333,538 32,095,393 24,758,943 24,758,943 36,140,538 Revenue
Other Agencies Revenue 256,622 0 0 0 0 0 0
Mitigation Fee Act Revenue 21,901,704 0 0 0 0 0 0
Quimby Act Fees 864,492 0 0 0 0 0 0
Developer Contributions 500,000 0 0 4,500,000 0 0 4,500,000 Total Revenue 23,522,818 0 0 4,500,000 0 0 4,500,000
Transfers From
Electric Operating Grant Trust Fund 335,000 0 0 0 0 0 0 General Fund 711,089 0 0 0 0 0 0
General Fund - Capital Projects Reserve 479,400 489,000 504,000 0 0 0 993,000 PW CIP Management Fund 83,794 0 0 0 0 0 0
Streets and Highways Capital Fund 2,025,000 0 0 0 0 0 0 Total Transfers From 3,634,283 489,000 504,000 0 0 0 993,000 Total Source of Funds 92,413,626 36,629,538 32,837,538 36,595,393 24,758,943 24,758,943 41,633,538 Expenditures
3187 - Bowers Park Roof/Building Replacement 1,466,934 0 0 0 0 0 0 3133 - Central Park Access & Parking Improvements 6,620,498 0 0 0 0 0 0

265
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | PARKS AND RECREATION CAPITAL FUND (532) 2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Expenditures
3125 - City of Santa Clara Public Art Master Plan 120,000 0 0 0 0 0 0 3123 - Community ISC Aquatic Facility 5,604,536 0 0 0 0 0 0 3132 - Community Park North - Phase I 500,000 0 0 4,500,000 0 0 4,500,000 3131 - Earl Carmichael Park Playground Rehabilitation 507,705 0 65,700 5,600,450 0 0 5,666,150 3134 - Electronic Access for Meeting Rooms 364,902 0 0 0 0 0 0 3102 - Facility Condition Assessment 400,000 0 0 0 0 0 0 3194 - FF&E Developer Delivered Parkland 30,894 0 0 0 0 0 0 3195 - Henry Schmidt Park Playground Rehabilitation 3,427,415 0 0 0 0 0 0 3196 - ISC Renovation/Replacement-Ph1 (Non-Bond Funded) 872,479 0 3104 - Lawn Bowls Improvements 1,000,000 0 0 0 0 0 0
3190 - Mary Gomez Park Playground Rehabilitation 414,000 0 55,745 1,736,000 0 0 1,791,745 3130 - Maywood Park Playground Rehabilitation 2,595,115 2,682,000 116,700 0 0 0 2,798,700 3128 - MFA Developer Reimbursement 210,572 0 0 0 0 0 0
3181 - Park Impact Fees (Quimby, MFA, Developer) Monitoring 1,080,843 0 0 0 0 0 0 3001 - Park Improvements and Repairs 957,374 489,000 504,000 0 0 0 993,000 3127 Parkland Acquistion 17,188,465 0 0 0 0 0 0
3197 - Parks Service Center Improvements 936,209 0 0 0 0 0 0 3199 - PW Capital Projects Management 1,265,264 0 0 0 0 0 0 3103 - Senior Center Natatorium HVAC System Replacement Ph l 172,500 0 0 0 0 0 0 3137 - Warburton Park Playground Rehabilitation 1,124,451 1,125,000 0 0 0 0 1,125,000 3177 - Youth Soccer Fields & Athletic Facilities- Reed & Grant Street 1,148,611 0 0 0 0 0 0 3124 - Youth Soccer Park Improvements 126,390 0 0 0 0 0 0 Total Expenditures 48,135,157 4,296,000 742,145 11,836,450 0 0 16,874,595 266
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | PARKS AND RECREATION CAPITAL FUND (532) 2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Transfers To
General Fund - Capital Projects Reserve 8,137,931 0 0 0 0 0 0 Total Transfers To 8,137,931 0 0 0 0 0 0
Ending Fund Balance
Encumbrance Carryover 2,201,864 2,201,864 2,201,864 2,201,864 2,201,864 2,201,864 2,201,864 Unallocated Mitigation Fee Act Fees 28,636,751 25,954,751 25,716,606 18,380,156 18,380,156 18,380,156 18,380,156 Unallocated Quimby Act Fees 5,016,881 3,891,881 3,891,881 3,891,881 3,891,881 3,891,881 3,891,881 Unallocated Developer Contributions 144,725 144,725 144,725 144,725 144,725 144,725 144,725 Unallocated Recreation Area Lot Fees 140,317 140,317 140,317 140,317 140,317 140,317 140,317 Unrestricted 0 0 0 0 0 0 0
Total Ending Fund Balance 36,140,538 32,333,538 32,095,393 24,758,943 24,758,943 24,758,943 24,758,943 Total Use of Funds 92,413,626 36,629,538 32,837,538 36,595,393 24,758,943 24,758,943 41,633,538 267
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | PUBLIC BUILDINGS CAPITAL FUND (538)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Encumbrance Carryover 3,156,315 3,156,315 3,156,315 3,156,315 3,156,315 3,156,315 3,156,315 Unrestricted 5,820,865 0 0 0 0 0 0
Total Beginning Fund Balance 8,977,180 3,156,315 3,156,315 3,156,315 3,156,315 3,156,315 3,156,315 Revenue
Other Agencies Revenue 110,027 0 0 0 0 0 0
Total Revenue 110,027 0 0 0 0 0 0
Transfers From
General Fund 21,162,511 120,000 284,000 0 0 0 404,000
General Fund - Capital Projects Reserve 360,000 983,200 2,735,500 1,037,000 0 0 4,755,700 Building Development Services Fund 0 1,000 8,000 7,000 0 0 16,000 Electric Utility Capital Fund 0 56,050 272,000 238,000 0 0 566,050 Sewer Utility Fund 0 14,525 56,000 49,000 0 0 119,525
Solid Waste Fund 0 9,875 16,000 14,000 0 0 39,875
Water Utility Capital Fund 0 32,850 120,000 105,000 0 0 257,850 Total Transfers From 21,522,511 1,217,500 3,491,500 1,450,000 0 0 6,159,000 Total Source of Funds 30,609,718 4,373,815 6,647,815 4,606,315 3,156,315 3,156,315 9,315,315 Expenditures
6153 - ADA Self Evaluation and Transition Plan Update 10,279 50,000 0 0 0 0 50,000 6184 ADA Transition Plan Implementation (Public Buildings) 0 260,000 804,000 750,000 0 0 1,814,000 6177 - Berman Building Gate and Electrical Panel Upgrades Project 133,370 0 0 0 0 0 0 6189 - City Buildings - Upgrade Lighting to LED Project 249,299 0 0 0 0 0 0 6190 - City Hall Gutter and Waterproofing Repair Project 440,605 0 0 0 0 0 0 6174 - Civic Center Campus Future Needs 20,350,000 0 0 0 0 0 0 6144 - Civic Center Campus Renovation (Multi-Department) 139,127 0 0 0 0 0 0 268
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | PUBLIC BUILDINGS CAPITAL FUND (538)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Expenditures
6175 Commerce/ Peddler's Plaza Maintenance 889,921 0 0 0 0 0 0 6191 - Electric Vehicle Charging (Fleet) 200,000 115,000 851,000 700,000 0 0 1,666,000 6137 - Hazardous Material Management for Soil and Groundwater on City Properties
131,995 0 0 0 0 0 0
6192 - Police Department Facility Renovation 275,000 22,000 99,000 0 0 0 121,000 6176 - Public and Workspace Improvement Planning 728,745 0 0 0 0 0 0 6123 - Public Building Parking Lot Improvements 1,583,319 220,500 1,402,500 0 0 0 1,623,000 6199 - PW Capital Projects Management Costs 187,511 0 0 0 0 0 0 6139 - Repair to Historic Buildings 268,333 125,000 125,000 0 0 0 250,000 6138 - Repairs-Modifications to City Buildings 482,420 175,000 175,000 0 0 0 350,000 6158 - Stationary Standby Generators 1,338,443 0 0 0 0 0 0 6140 - Triton Museum Repair and Modifications 45,036 75,000 35,000 0 0 0 110,000 New - Fleet Shop Retrofit 0 175,000 0 0 0 0 175,000
Total Expenditures 27,453,403 1,217,500 3,491,500 1,450,000 0 0 6,159,000 Ending Fund Balance
Encumbrance Carryover 3,156,315 3,156,315 3,156,315 3,156,315 3,156,315 3,156,315 3,156,315 Unrestricted 0 0 0 0 0 0 0
Total Ending Fund Balance 3,156,315 3,156,315 3,156,315 3,156,315 3,156,315 3,156,315 3,156,315 Total Use of Funds 30,609,718 4,373,815 6,647,815 4,606,315 3,156,315 3,156,315 9,315,315 269
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | RECYCLED WATER CAPITAL FUND (597) 2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Unrestricted 429,891 429,891 429,891 429,891 429,891 429,891 429,891 Total Beginning Fund Balance 429,891 429,891 429,891 429,891 429,891 429,891 429,891 Transfers From
Water Recycling Fund 50,000 50,000 50,000 50,000 50,000 50,000 250,000 Total Transfers From 50,000 50,000 50,000 50,000 50,000 50,000 250,000 Total Source of Funds 479,891 479,891 479,891 479,891 479,891 479,891 679,891 Expenditures
7505 - Recycled Water System Mains and Services 50,000 50,000 50,000 50,000 50,000 50,000 250,000 Total Expenditures 50,000 50,000 50,000 50,000 50,000 50,000 250,000 Ending Fund Balance
Unrestricted 429,891 429,891 429,891 429,891 429,891 429,891 429,891 Total Ending Fund Balance 429,891 429,891 429,891 429,891 429,891 429,891 429,891 Total Use of Funds 479,891 479,891 479,891 479,891 479,891 479,891 679,891 270
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | RELATED SANTA CLARA DEVELOPER FUND (540)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Encumbrance Carryover 263,001 263,001 263,001 263,001 263,001 263,001 263,001 Unrestricted (209,630) 0 0 0 0 0 0
Total Beginning Fund Balance 53,371 263,001 263,001 263,001 263,001 263,001 263,001 Revenue
Other Revenue 1,013,036 744,929 748,877 753,827 756,168 758,870 3,762,671 Total Revenue 1,013,036 744,929 748,877 753,827 756,168 758,870 3,762,671 Total Source of Funds 1,066,407 1,007,930 1,011,878 1,016,828 1,019,169 1,021,871 4,025,672 Expenditures
4511 - Related General Admin Project 153,406 94,929 98,877 103,827 106,168 108,870 512,671 4513 - Other Development Project Services 650,000 650,000 650,000 650,000 650,000 650,000 3,250,000 Total Expenditures 803,406 744,929 748,877 753,827 756,168 758,870 3,762,671 Ending Fund Balance
Encumbrance Carryover 263,001 263,001 263,001 263,001 263,001 263,001 263,001 Unrestricted 0 0 0 0 0 0 0
Total Ending Fund Balance 263,001 263,001 263,001 263,001 263,001 263,001 263,001 Total Use of Funds 1,066,407 1,007,930 1,011,878 1,016,828 1,019,169 1,021,871 4,025,672 271
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | SEWER UTILITY CAPITAL FUND (594) 2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Encumbrance Carryover 2,724,510 2,724,510 2,724,510 2,724,510 2,724,510 2,724,510 2,724,510 Restricted - Sewer Conveyance Fee 57,820,694 8,740,943 4,267,632 2,200,145 983,160 1,311,495 8,740,943 Unrestricted 13,962,901 12,664,226 5,602,439 5,602,439 5,602,439 5,602,439 12,664,226 Total Beginning Fund Balance 74,508,105 24,129,679 12,594,581 10,527,094 9,310,109 9,638,444 24,129,679 Revenue
Other Fees for Services 3,000,000 300,000 350,000 400,000 1,778,550 3,565,664 6,394,214 Total Revenue 3,000,000 300,000 350,000 400,000 1,778,550 3,565,664 6,394,214 Transfers From
PW CIP Management Fund 38,566 0 0 0 0 0 0
Sewer Utility Fund 15,216,632 3,695,281 27,135,943 9,272,104 20,149,146 14,196,349 74,448,823 Sewer Utility Debt Service Fund 0 15,500,000 0 12,500,000 0 30,000,000 58,000,000 Total Transfers From 15,255,198 19,195,281 27,135,943 21,772,104 20,149,146 44,196,349 132,448,823 Total Source of Funds 92,763,303 43,624,960 40,080,524 32,699,198 31,237,805 57,400,457 162,972,716 Expenditures
1979 - PW Capital Projects Management - Sewer Utility 359,760 0 0 0 0 0 0 1921 - Public Works Paving Project Support 500,000 300,000 300,000 300,000 300,000 300,000 1,500,000 1909 - Sanitary Sewer Capacity Improvements 49,079,751 4,665,151 2,305,000 1,500,000 1,328,550 4,750,627 14,549,328 1919 - Sanitary Sewer Hydraulic Modeling As Needed Support 92,957 395,281 397,471 199,653 100,000 100,000 1,192,405 1920 - Sanitary Sewer Master Plan Update 0 108,160 112,487 116,985 121,665 126,532 585,829 1911 - Sanitary Sewer System Condition Assessment 1,500,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,000,000 1912 - Sanitary Sewer System Improvements 6,065,974 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 10,000,000 1908 - S.J.-S.C. Regional Wastewater Facility 8,194,682 21,861,787 23,438,472 18,272,451 16,749,146 43,796,349 124,118,205 1916 - Walsh Avenue @ San Tomas Aquino Creek Sanitary Sewer Siphon
750,000 0 0 0 0 0 0
Total Expenditures 66,543,124 30,330,379 29,553,430 23,389,089 21,599,361 52,073,508 156,945,767 272
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | SEWER UTILITY CAPITAL FUND (594) 2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Transfers To
Water Utility Capital Fund 2,090,500 700,000 0 0 0 0 700,000 Total Transfers To 2,090,500 700,000 0 0 0 0 700,000
Ending Fund Balance
Encumbrance Carryover 2,724,510 2,724,510 2,724,510 2,724,510 2,724,510 2,724,510 2,724,510 Restricted - Sewer Conveyance Fee 8,740,943 4,267,632 2,200,145 983,160 1,311,495 0 0 Unrestricted 12,664,226 5,602,439 5,602,439 5,602,439 5,602,439 2,602,439 2,602,439 Total Ending Fund Balance 24,129,679 12,594,581 10,527,094 9,310,109 9,638,444 5,326,949 5,326,949 Total Use of Funds 92,763,303 43,624,960 40,080,524 32,699,198 31,237,805 57,400,457 162,972,716 273
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | SOLID WASTE CAPITAL FUND (596) 2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Encumbrance Carryover 106,477 106,477 106,477 106,477 106,477 106,477 106,477 Landfill Post Closure Reserve 600,000 600,000 600,000 600,000 600,000 600,000 600,000 Landfill Corrective Action Costs 550,024 550,024 550,024 550,024 550,024 550,024 550,024 Unrestricted 134,033 14,157 3,657 0 0 0 14,157
Total Beginning Fund Balance 1,390,534 1,270,658 1,260,158 1,256,501 1,256,501 1,256,501 1,270,658 Revenue
Rents 11,000 0 0 0 0 0 0
Developer Contributions 162,000 247,500 248,000 248,500 249,000 249,500 1,242,500 Total Revenue 173,000 247,500 248,000 248,500 249,000 249,500 1,242,500 Transfers From
Solid Waste Fund 554,000 976,160 2,808,343 635,500 661,520 688,336 5,769,859 Total Transfers From 554,000 976,160 2,808,343 635,500 661,520 688,336 5,769,859 Total Source of Funds 2,117,534 2,494,318 4,316,501 2,140,501 2,167,021 2,194,337 8,283,017 Expenditures
6109 - Sanitary Landfill Development - Post Closure 846,876 834,160 860,000 884,000 910,520 937,836 4,426,516 NEW - Emergency Backup and Collection System
Enhancements for Closed Landfill
0 400,000 2,200,000 0 0 0 2,600,000
Total Expenditures 846,876 1,234,160 3,060,000 884,000 910,520 937,836 7,026,516 274
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | SOLID WASTE CAPITAL FUND (596) 2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Ending Fund Balance
Encumbrance Carryover 106,477 106,477 106,477 106,477 106,477 106,477 106,477 Landfill Post Closure Reserve 600,000 600,000 600,000 600,000 600,000 600,000 600,000 Landfill Corrective Action Costs 550,024 550,024 550,024 550,024 550,024 550,024 550,024 Unrestricted 14,157 3,657 0 0 0 0 0
Total Ending Fund Balance 1,270,658 1,260,158 1,256,501 1,256,501 1,256,501 1,256,501 1,256,501 Total Use of Funds 2,117,534 2,494,318 4,316,501 2,140,501 2,167,021 2,194,337 8,283,017 275
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | STORM DRAIN CAPITAL FUND (535) 2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Encumbrance Carryover 1,699,192 1,699,192 1,699,192 1,699,192 1,699,192 1,699,192 1,699,192 Unrestricted 4,165,598 168,199 168,199 168,199 168,199 168,199 168,199 Total Beginning Fund Balance 5,864,790 1,867,391 1,867,391 1,867,391 1,867,391 1,867,391 1,867,391 Revenue
Charges for Services 1,454,000 1,454,000 1,454,000 1,454,000 1,454,000 1,454,000 7,270,000 Other Agencies Revenue 3,154,000 0 0 0 0 0 0
Total Revenue 4,608,000 1,454,000 1,454,000 1,454,000 1,454,000 1,454,000 7,270,000 Transfers From
General Fund 179,607 99,000 16,000 0 0 0 115,000
General Fund - Capital Projects Reserve 480,750 3,700,000 400,000 150,000 150,000 150,000 4,550,000 Total Transfers From 660,357 3,799,000 416,000 150,000 150,000 150,000 4,665,000 Total Source of Funds 11,133,147 7,120,391 3,737,391 3,471,391 3,471,391 3,471,391 13,802,391 Expenditures
1845 - Anna Drive Neighborhood Flood Protection 2,911,787 63,000 0 0 0 0 63,000 1846 - Bowers Park Parking Lot Rehabilitation 215,478 36,000 0 0 0 0 36,000 NEW - Fairway Glen Storm Drain Pump Station Rehabilitation 350,000 0 0 0 0 350,000 1847 - Green Stormwater Infrastructure Design & Construction 747,500 0 0 0 0 0 0 1840 - Kiely Blvd.-Saratoga Creek Storm Drain Outfall Relocation 125,500 200,000 16,000 0 0 0 216,000 1843 - Lafayette St. Underpass at Subway Pump Station 83,787 0 0 0 0 0 0 1841 - Laurelwood Pump Station Rehabilitation 441,294 0 0 0 0 0 0 NEW - Lickmill Storm Drain Pump Station Rehabilitation 350,000 0 0 0 0 350,000 1899 - PW Capital Projects Management 179,607 0 0 0 0 0 0 1838 - SDPS Motor and Control Maintenance, Repair, and
Replacement
994,092 0 0 0 0 0 0
NEW - Storm Drain Master Plan Update 0 700,000 0 0 0 0 700,000 276
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | STORM DRAIN CAPITAL FUND (535) 2025/26 Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Expenditures
1811 - Storm Drain Pump Station Facility Maintenance & Repair 70,456 0 0 0 0 0 0 1835 - Storm Drain Pump Station Outfall Reconstruction Program 287,703 0 250,000 0 0 0 250,000 1849 - Storm Drain Pump Station RTU Upgrade 690,000 1,800,000 0 0 0 0 1,800,000 1831 - Storm Drain Renovations 616,577 150,000 150,000 150,000 150,000 150,000 750,000 1844 - Storm Drain Slide Gate Rehabilitation 0 0 0 0 0 0 0 1834 - Storm Drain System Improvements 202,630 0 0 0 0 0 0 1837 - Storm Water Retention Basin Remediation 10,877 0 0 0 0 0 0 NEW - Tri-Level Underpass Storm Drain Pump Station Rehabilitation 0 150,000 0 0 0 0 150,000 1839 - Urban Runoff Pollution Prevention Program 234,568 0 0 0 0 0 0 Total Expenditures 7,811,856 3,799,000 416,000 150,000 150,000 150,000 4,665,000 Transfers To
General Fund 1,454,000 1,454,000 1,454,000 1,454,000 1,454,000 1,454,000 7,270,000 Total Transfers To 1,454,000 1,454,000 1,454,000 1,454,000 1,454,000 1,454,000 7,270,000 Ending Fund Balance
Encumbrance Carryover 1,699,192 1,699,192 1,699,192 1,699,192 1,699,192 1,699,192 1,699,192 Unrestricted 168,199 168,199 168,199 168,199 168,199 168,199 168,199 Total Ending Fund Balance 1,867,391 1,867,391 1,867,391 1,867,391 1,867,391 1,867,391 1,867,391 Total Use of Funds 11,133,247 7,120,391 3,737,391 3,471,391 3,471,391 3,471,391 13,802,391 277
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | STREET LIGHTING CAPITAL FUND (534)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Encumbrance Carryover 4,552,505 4,552,505 4,552,505 4,552,505 4,552,505 4,552,505 4,552,505 Unrestricted 8,664,738 343,834 343,834 343,834 343,834 343,834 343,834 Total Beginning Fund Balance 13,217,243 4,896,339 4,896,339 4,896,339 4,896,339 4,896,339 4,896,339 Transfers From
Electric Utility Fund 125,000 7,647,000 228,000 229,000 230,000 231,000 8,565,000 Total Transfers From 125,000 7,647,000 228,000 229,000 230,000 231,000 8,565,000 Total Source of Funds 13,342,243 12,543,339 5,124,339 5,125,339 5,126,339 5,127,339 13,461,339 Expenditures
2875 - Great America Street Light Replacement 7,120,238 0 0 0 0 0 0 2874 - LED Street Lighting Retrofit 1,004,946 7,420,000 0 0 0 0 7,420,000 2871 - Miscellaneous Street Lighting 320,720 227,000 228,000 229,000 230,000 231,000 1,145,000 Total Expenditures 8,445,904 7,647,000 228,000 229,000 230,000 231,000 8,565,000 Ending Fund Balance
Encumbrance Carryover 4,552,505 4,552,505 4,552,505 4,552,505 4,552,505 4,552,505 4,552,505 Unrestricted 343,834 343,834 343,834 343,834 343,834 343,834 343,834 Total Ending Fund Balance 4,896,339 4,896,339 4,896,339 4,896,339 4,896,339 4,896,339 4,896,339 Total Use of Funds 13,342,243 12,543,339 5,124,339 5,125,339 5,126,339 5,127,339 13,461,339 278
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | STREETS AND HIGHWAYS CAPITAL FUND (533)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Encumbrance Carryover 15,852,092 15,852,092 15,852,092 15,852,092 15,852,092 15,852,092 15,852,092 Unrestricted 42,834,690 5,177,381 5,177,381 5,177,381 5,177,381 5,177,381 5,177,381 Total Beginning Fund Balance 58,686,782 21,029,473 21,029,473 21,029,473 21,029,473 21,029,473 21,029,473 Revenue
Other Agencies Revenue 33,217,068 5,504,238 4,741,378 3,411,378 3,411,378 3,411,378 20,479,750 Other Revenue 1,650,000 1,000,000 750,000 750,000 750,000 750,000 4,000,000 Total Revenue 34,867,068 6,504,238 5,491,378 4,161,378 4,161,378 4,161,378 24,479,750 Transfers From
Bridge Maintenance District #2 Fund 0 420,000 0 0 0 0 420,000 Electric Utility Capital Fund 0 1,328,704 0 0 0 0 1,328,704 Electric Operating Grant Trust Fund 789,936 0 0 0 0 0 0 Gas Tax Fund 2,975,000 3,615,250 4,530,763 3,296,551 3,312,156 3,327,806 18,082,526 General Fund 2,627,769 695,424 622,100 0 0 0 1,317,524
General Fund - Capital Projects Reserve 1,051,882 2,030,438 0 500,000 525,000 0 3,055,438 Road Maintenance and Rehabilitation (SB1) Fund 2,900,000 4,522,153 2,900,000 2,900,000 2,900,000 2,900,000 16,122,153 Sewer Utility Fund 34,000 0 0 0 0 0 0
Sewer Utility Capital Fund 500,000 0 0 0 0 0 0
Traffic Mitigation Fund 0 1,751,500 762,300 2,373,500 434,433 845,433 6,167,166 Water Utility Capital Fund 135,900 0 0 0 0 0 0
Total Transfers From 11,014,487 14,363,469 8,815,163 9,070,051 7,171,589 7,073,239 46,493,511 Total Source of Funds 104,568,337 41,897,180 35,336,014 34,260,902 32,362,440 32,264,090 92,002,734 Expenditures
1299 - 2025 Santa Clara School Pedestrian and Bicycle Safety 105,000 0 0 0 0 0 0 1250 - ADA Transition Plan Implementation (Public Right-of-Way) 1,100,683 0 0 500,000 525,000 0 1,025,000 279
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | STREETS AND HIGHWAYS CAPITAL FUND (533)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Expenditures
1239 - Adaptive Signal System 640,325 0 0 0 0 0 0
1255 - Adaptive Signal System (Santana West Settlement Agreement) 917,992 0 0 0 0 0 0 1202 - Agnew Road At-Grade Crossing 4,374,000 51,000 47,500 0 0 0 98,500 1235 - Annual Street Maintenance and Rehabilitation Program 26,293,600 10,547,531 8,917,978 8,726,378 8,726,378 8,726,378 45,644,643 1246 - Bassett and Laurelwood Bicycle Lanes 251,453 0 0 0 0 0 0 1245 - Benton Bike Lanes 1,233,522 208,000 67,000 0 0 0 275,000 1281 - Bicycle Plan Implementation Studies 0 400,000 0 400,000 0 400,000 1,200,000 1292 - Bowers Avenue Class IV Bikeway Study 300,000 0 0 0 0 0 0 1325 - Bridge Maintenance Program 2,451,489 1,231,000 0 0 0 0 1,231,000 1291 - Central Santa Clara Bicycle and Pedestrian Improvement 11,309,000 84,524 72,000 0 0 0 156,524 1298 - Central Transit Signal Priority 36,800 0 0 0 0 0 0 1227 - Changeable Message Signs 134,296 0 0 0 0 0 0
1203 - Creek Trail Pavement Rehabilitation Program 1,176,004 90,000 0 0 0 0 90,000 1288 - Cupertino-Santa Clara On-Demand Shuttle Project 654,936 1,771,564 0 0 0 0 1,771,564 1289 - De La Cruz, Lick Mill, and Scott Blvds Bicycle Improvements 1,763,129 0 0 0 0 0 0 1266 - El Camino Real Bike Lane Project 850,000 1,206,900 78,500 0 0 0 1,285,400 1274 - Lafayette Street Class IV Bikeway and Pavement
Rehabilitation
4,522,390 0 0 0 0 0 0
1237 - MCB/GAP Intersection Improvement Project 31,690 0 0 0 0 0 0 1259 - Monroe - Los Padres Traffic Signal Modification 298,984 0 0 0 0 0 0 1276 - Monroe Street Class II Buffered Bicycle Lane Improvements 0 0 200,000 1,050,000 0 0 1,250,000 1211 - Neighborhood Traffic Calming 339,136 110,250 115,763 121,551 127,156 132,806 607,526 1220 - Pedestrian and Bicycle Enhancement Facilities 576,363 100,000 100,000 100,000 100,000 100,000 500,000 1205 - Pepper Tree Neighborhood Traffic Calming Study 91,055 0 0 0 0 0 0 1285 - Pruneridge Avenue Signal Timing 798,806 0 0 0 0 0 0 1254 - Public Right-of-Way ADA Improvements (Settlement Agreement)
1,521,954 0 0 0 0 0 0
1199 - PW Capital Projects Management - Streets and Highways 2,415,362 0 0 0 0 0 0 280
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | STREETS AND HIGHWAYS CAPITAL FUND (533)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Expenditures
1293 - Quick Build Bike and Pedestrian Safety 100,000 110,000 120,000 130,000 140,000 150,000 650,000 1295 - Rainbow Crosswalk 100,000 0 0 0 0 0 0
1294 - Retroreflective Borders on Traffic Signal Backplates 100,000 100,000 100,000 100,000 100,000 100,000 500,000 1376 - Safe Routes to School 320,822 75,000 75,000 75,000 75,000 75,000 375,000 1268 - Santa Clara Vision Zero Plan - Infrastructure Implementation 13,463 250,000 250,000 250,000 250,000 250,000 1,250,000 1297 - Santa Clara Vision Zero - 2024 OTS Grant 17,661 0 0 0 0 0 0 1225 - Santa Clara VTA - Congestion Management Program 290,635 301,500 312,300 323,500 334,433 345,433 1,617,166 1382 - Sidewalk, Curb and Gutter Repair 730,000 380,000 380,000 380,000 380,000 380,000 1,900,000 1273 - Street Tree Services 516,294 465,438 0 0 0 0 465,438 1286 - Tasman Complete Streets Plan 2021 Improvements Phase 1 – North San Jose Settlement Project
6,500,000 1,539,000 1,401,500 0 0 0 2,940,500
1517 - Tasman to Lafayette Walkway/Stairway 200,000 0 0 0 0 0 0 1272 - TDA 21 Bicycle Facilities Upgrade 639 0 0 0 0 0 0 1260 - Traffic Calming (Santana West Settlement Agreement) 250,000 0 0 0 0 0 0 1282 - Traffic Impact Fee Nexus Study Update 281,000 0 0 0 0 0 0 1218 - Traffic Pre-Emptors 640,321 0 0 0 0 0 0
1219 - Traffic Signal Enhancements 1,699,310 150,000 150,000 150,000 150,000 150,000 750,000 1232 - Traffic Signal Interconnect Upgrade 302,797 250,000 100,000 500,000 0 0 850,000 1217 - Traffic Signal Management Software Upgrade/Replacement 398,424 0 0 0 0 0 0 1234 - Transportation Modeling Update 114,590 0 50,000 0 0 0 50,000 1271 - Tree Replacement 176,830 0 0 0 0 0 0
1226 - Uncontrolled Crosswalks Improvements 2,939,316 166,000 1,594,000 250,000 250,000 250,000 2,510,000 NEW - Bikeway Study Policy 0 150,000 0 0 0 0 150,000
NEW - Bicycle Parking 0 250,000 0 0 0 0 250,000
NEW - Citywide Traffic Intelligence 0 175,000 175,000 175,000 175,000 175,000 875,000 NEW - Water Conservation and Drought Tolerant Landscaping 0 127,000 0 0 0 0 127,000 NEW - Median Islands Water Conservation and Drought Tolerant 0 278,000 0 0 0 0 278,000 NEW - Public Right-of-Way Standard Specs and Detail Update 0 300,000 0 0 0 0 300,000 Total Expenditures 79,880,071 20,867,707 14,306,541 13,231,429 11,332,967 11,234,617 70,973,261 281
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | STREETS AND HIGHWAYS CAPITAL FUND (533)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Transfers To
Parks and Recreation Capital Fund 2,025,000 0 0 0 0 0 0 Traffic Mitigation Fund 1,633,793 0 0 0 0 0 0
Total Transfers To 3,658,793 0 0 0 0 0 0
Ending Fund Balance
Encumbrance Carryover 15,852,092 15,852,092 15,852,092 15,852,092 15,852,092 15,852,092 15,852,092 Unrestricted 5,177,381 5,177,381 5,177,381 5,177,381 5,177,381 5,177,381 5,177,381 Total Ending Fund Balance 21,029,473 21,029,473 21,029,473 21,029,473 21,029,473 21,029,473 21,029,473 Total Use of Funds 104,568,337 41,897,180 35,336,014 34,260,902 32,362,440 32,264,090 92,002,734 282
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | TASMAN EAST INFRASTRUCTURE IMPROVEMENT FUND (541)
2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Unrestricted 6,133,553 5,806,832 5,976,967 6,146,505 6,315,434 6,483,742 5,806,832 Total Beginning Fund Balance 6,133,553 5,806,832 5,976,967 6,146,505 6,315,434 6,483,742 5,806,832 Revenue
Tasman East Infrastructure Impact Fee 3,734,932 0 0 0 0 0 0 Interest 200,000 200,000 200,000 200,000 200,000 200,000 1,000,000 Total Revenue 3,934,932 200,000 200,000 200,000 200,000 200,000 1,000,000 Total Source of Funds 10,068,485 6,006,832 6,176,967 6,346,505 6,515,434 6,683,742 6,806,832 Expenditures
4610 - Tasman East Administration 30,422 29,865 30,462 31,071 31,692 32,326 155,416 4611 - Tasman East Developer Reimbursement 4,231,231 0 0 0 0 0 0 Total Expenditures 4,261,653 29,865 30,462 31,071 31,692 32,326 155,416 Ending Fund Balance
Unrestricted 5,806,832 5,976,967 6,146,505 6,315,434 6,483,742 6,651,416 6,651,416 Total Ending Fund Balance 5,806,832 5,976,967 6,146,505 6,315,434 6,483,742 6,651,416 6,651,416 Total Use of Funds 10,068,485 6,006,832 6,176,967 6,346,505 6,515,434 6,683,742 6,806,832 283
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | WATER UTILITY CAPITAL FUND (592) 2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Beginning Fund Balance
Encumbrance Carryover 2,785,196 2,785,196 2,785,196 2,785,196 2,785,196 2,785,196 2,785,196 Unrestricted 10,355,311 2,774,970 2,074,970 2,074,970 2,074,970 2,074,970 2,774,970 Total Beginning Fund Balance 13,140,507 5,560,166 4,860,166 4,860,166 4,860,166 4,860,166 5,560,166 Transfers From
General Fund 2,264,400 0 0 0 0 0 0
Sewer Utility Capital Fund 2,090,500 700,000 0 0 0 0 700,000 Water Recycling Fund 464,600 0 0 0 0 0 0
Water Utility Fund 5,175,000 4,125,000 5,525,000 5,375,000 3,875,000 3,875,000 22,775,000 Total Transfers From 9,994,500 4,825,000 5,525,000 5,375,000 3,875,000 3,875,000 23,475,000 Total Source of Funds 23,135,007 10,385,166 10,385,166 10,235,166 8,735,166 8,735,166 29,035,166 Expenditures
7005 - Buildings and Grounds 5,202,723 1,500,000 100,000 100,000 100,000 100,000 1,900,000 7065 - Corvin Drive Property Purchase and Improvements 6,910,000 0 0 0 0 0 0 7054 - Distribution System Replacement/Restoration 4,876,000 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 15,000,000 7059 - New and Replacement Wells 1,715,718 300,000 1,800,000 1,800,000 300,000 300,000 4,500,000 NEW - Pressure Regulating Zone Valve Replacement 0 75,000 75,000 75,000 75,000 75,000 375,000 7064 - Public Works Paving Project Support 500,000 300,000 300,000 300,000 300,000 300,000 1,500,000 7058 - SCADA Improvements 325,000 350,000 250,000 100,000 100,000 100,000 900,000 Total Expenditures 19,529,441 5,525,000 5,525,000 5,375,000 3,875,000 3,875,000 24,175,000 284
FY 20 2 6/ 2 7 A N D FY 2 02 7 /2 8 P RO P O S E D C A P IT A L I M P R O V E M E NT P R O G RA M B UD GE T | S T AT E ME NT S O F SO UR CE S AN D US E S O F F UN DS CAPITAL IMPROVEMENT PROGRAM FUNDS | WATER UTILITY CAPITAL FUND (592) 2025/26
Estimate
2026/27
Proposed
2027/28
Proposed
2028/29
CIP
2029/30
CIP
2030/31
CIP
Five-Year CIP
Total
Transfers To
Streets and Highways Capital Fund 135,900 0 0 0 0 0 0
Total Transfers To 135,900 0 0 0 0 0 0
Ending Fund Balance
Encumbrance Carryover 2,785,196 2,785,196 2,785,196 2,785,196 2,785,196 2,785,196 2,785,196 Unrestricted 684,470 2,074,970 2,074,970 2,074,970 2,074,970 2,074,970 2,074,970 Total Ending Fund Balance 3,469,666 4,860,166 4,860,166 4,860,166 4,860,166 4,860,166 4,860,166 Total Use of Funds 23,135,007 10,385,166 10,385,166 10,235,166 8,735,166 8,735,166 29,035,166 285
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Other Agency Fund
287
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S

OTHER AGENCY FUND
The Sports and Open Space Authority (SOSA) of the City of Santa Clara was created by the City Council in 1974 to establish a separate entity to acquire and develop open space within the City of Santa Clara. The members of the City Council are also members of SOSA's Board of Directors and, as such, are authorized to transact business and exercise power to purchase, lease or otherwise obtain and dispose of real and personal property. This includes the ability to acquire, construct, maintain, repair, manage and operate real and personal property, including leasing to private operators for commercial purposes and surplusing space which is not economical to use for open space planning.

Sports and Open Space Authority Fund (801)
This fund accounts for the acquisition and preservation of open space within the City and the development of local sports activities.

This is the second fiscal year of the biennial operating budget. The following section details the City of Santa Clara’s Other Agency Fund’s Statement of Sources and Uses and the Amended Budget for Fiscal Year 2026/27.

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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S T A T E ME N T S O F S O U R CE S AN D US E S

O F F UN D S
OTHER AGENCY FUND | SPORTS AND OPEN SPACE
AUTHORITY FUND (801)
2024/25
Actual
2025/26
Amended
2025/26
Estimate
2026/27
Adopted
2026/27
Amended
Beginning Fund Balance
Encumbrance Carryover 2,569 3,085 3,085 2,569 3,085
Unrestricted 4,092 3,484 3,484 1,692 2,884
Total Beginning Fund Balance 6,661 6,569 6,569 4,261 5,969 Revenue
Interest 360 0 400 0 0
Total Revenue 360 0 400 0 0
Transfers From
General Fund 10,200 10,404 10,404 10,612 12,000
Total Transfers From 10,200 10,404 10,404 10,612 12,000 Total Source of Funds 17,221 16,973 17,373 14,873 17,969 Expenditures
Board Member Stipend 6,724 5,702 5,702 5,806 6,000
Materials/Services/Supplies 3,928 5,702 5,702 5,806 6,000 Total Expenditures 10,652 11,404 11,404 11,612 12,000
Ending Fund Balance
Encumbrance Carryover 3,085 3,085 3,085 2,569 3,085
Unrestricted 3,484 2,484 2,884 692 2,884
Total Ending Fund Balance 6,569 5,569 5,969 3,261 5,969 Total Use of Funds 17,221 16,973 17,373 14,873 17,969
290
Capital Improvement
Programs
291
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E
Administrative
Facilities
293
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | A D MI NI S T R A T IV E F AC I LI T I E S

INTRODUCTION
The capital projects within the Administrative Facilities theme serve to preserve the function and operational efficiency of various City facilities including City Hall, Fire Department facilities, the Corporation Yard, Triton Museum, and historic buildings. These capital investments will provide renovations and improvements such as paint, plumbing and electrical fixtures, and roof improvements to ensure safe and appropriate facilities for the public and City employees.

Funding Our Top Priorities
The projects included in the Capital Improvement Program (CIP) were determined in accordance with both the City Council’s Strategic Pillars and the budget priorities. The chart below illustrates the funding amount per Strategic Pillar within the Administrative Facilities category.

The five-year CIP Administrative Facilities budget totals $17.6 million. The CIP projects were prioritized by the following criteria:

General Obligation Bond Projects
This program includes several projects supported by the Measure I General Obligation Bonds, including the following that have funding in this CIP:
 Fire Station 5 Replacement
 Fire Station 7 Replacement
 Fire Training Tower Renovation
 Fire Station Security Upgrade
 Real Time Intelligence Center Feasibility
 Police Training Facility Feasibility and Assessment
 Police Drone First Responder Infrastructure
 Triton Museum Renovation
Public Building Parking Lot Improvements
The City's parking lot inventory includes approximately 50 lots located at various City-owned facilities including parks, fire stations, police station, libraries, historic houses, general government buildings, and various other City-owned properties.

Repairs – Modifications to City Buildings
This project covers general repairs and maintenance for the City Hall complex. Work includes items such as repairing, replacing, or upgrading building components, including tenant improvements and general maintenance. Some of the past projects have included carpet, furniture, electrical services, preventative maintenance, pest control, HVAC and other miscellaneous work.
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | A D MI NI S T R A T IV E F AC I LI T I E S ADA Transition Plan Implementation (Public Buildings)
The City Council adopted the Americans with Disabilities Act (ADA) Self-Evaluation and Transition Plan in 2024 for public buildings, parks, and public rights-of-way. The Plan identified improvements to address barriers to accessibility, methods for improving access, and established timelines and costs for removing ADA barriers. This project will implement improvements at public buildings and sites as identified in the Plan.

Morse Mansion Maintenance & Repair
The project covers routine maintenance and repair of the Morse Mansion on an annual basis. The routine maintenance and repair generally consists of work related to walls, paint, plumbing, porches, and roof. 297
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | A D MI NI S T R A T IV E F AC I LI T I E S Major Accomplishments
 Construction for Phase II of the Stationary Standby Generators project, which involved replacing four emergency standby generators, has been substantially completed.
 Design for Phase III of the Stationary Standby Generators has been completed and will replace four emergency standby
generators.
 Completion of the Upgrade Lighting to LED project at 32 City buildings. The project results in ongoing energy cost savings and reduces greenhouse gas emissions which is equivalent to 193 tons of waste being recycled instead of going to the landfill, 9,053 tree seedlings being grown over ten years, and reducing gasoline consumption by 61,609 gallons.

Financing Sources
General Fund (Capital Projects Reserve)
The General Fund Capital Projects Reserve is used to support the City’s general capital projects.

Other Fund Contributions
Some projects within the Administrative Facilities program serve various departments, including the City’s Electric, Water, and Sewer Utilities as well as other non-General Fund funded divisions such as the Building Division. As these departments and divisions benefit from the services being enhanced or provided through these projects, there are proportionate contributions made from the applicable enterprise and special revenue funds.

Measure I General Obligation (GO) Bond Funding
On November 5, 2024, voters in the City of Santa Clara approved ballot Measure I, the Public Facilities and Infrastructure Bond Measure, that authorized the issuance of $400 million of general obligation (GO) bonds. Of this amount, $195.4 million is allocated to projects within the Administrative Facilities theme, and $11.5 million is programmed in this CIP.

Operating Budget Impacts
There are a number of Measure I bond projects that are expected to have operating budget impacts, including the Police Training Facility, the Real Time Intelligence Center, and the Police Drone First Responder Infrastructure projects. As these projects are now in the feasibility and assessment phase, the operating impacts have not yet been determined. These costs will be incorporated into future CIPs. 298
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | A D MI NI S T R A T IV E F AC I LI T I E S Unfunded Needs
Although the CIP provides for vital improvements, there remains significant additional high priority needs that have not been addressed. As highlighted in the chart below, the total funding needs for the Administrative Facilities program totals $45.9 million. Of this amount, $17.6 million is funded, leaving $28.3 million of unfunded needs. The unfunded projects are within the Department of Public Works.

The graph below highlights the highest priority projects currently on the unfunded list in the Administrative Facilities category. For more project information, please see the Unfunded Projects – Administrative Facilities list at the end of this section.

Funded, $17.6 M,

38.3%
Unfunded,
$28.3 M,

61.7%
Administrative Facilities
Total Funding Needs = $45.9 M
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | A D MI NI S T R A T IV E F AC I LI T I E S American Disabilities Act (ADA) Transition Plan Implementation (Public Buildings) The City Council adopted the Americans with Disabilities Act (ADA) Self-Evaluation and Transition Plan in 2024 for public buildings, parks, and public rights-of-way. The Plan identified public building improvements to address barriers to accessibility. This project will implement improvements at public buildings and sites as identified in the Plan.

Stationary Standby Generators
This project funds the replacement of emergency standby generators that have reached the end of their useful life cycles and need major repairs. Many of the City’s stationary emergency standby generators are over 25 years old and have reached the end of their useful life. As a result, the overall condition and reliability of the Stationary Emergency Standby Generator fleet has diminished. The project is separated into multiple phases that consist of replacing emergency generators at various locations. Based on the availability of funding in future years, the replacement of generators will be prioritized by their overall condition and reliability.

City Hall HVAC Rehabilitation
The City Hall campus was constructed in 1962 and has been regularly maintained. However, the buildings and systems are aged and need major rehabilitation to maintain and provide a reliable facility. A Facility Condition Assessment Report was prepared for City Hall in 2018 and identified capital improvements that were necessary for the HVAC system. This project funds the evaluation of the existing HVAC system and preparing schematic design.
$8.2 M
$6.5 M
$5.6 M
$5.3 M
$1.6 M
$0.0
$1.0
$2.0
$3.0
$4.0
$5.0
$6.0
$7.0
$8.0
$9.0
Stationary
Standby
Generators
ADA Transition
Plan
Implementation
Public Buildings
Parking Lot
Improvements
City Hall HVAC
Rehabilitation
Electric Vehicle
Charging (Fleet)
Unfunded
300
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | P R O JE CT C OS T S U M MA R Y FUNDED

PROJECTS BUDGETED COST SUMMARY
Administrative Facilities
Project 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-YearCIP Total 4059 - EOC Security Upgrades $718,834 - - - - - - 4063 - Replacement SCBA Filling Stations $2,975 - - - - - - 4070 - Training Tower Stair Repair $511,549 - - - - - - 4086 - Emergency Operations Center Capital Refurbishment $40,358 - - - - - - 6123 - Public Building Parking Lot Improvements $1,709,168 $220,500 $1,402,500 - - - $1,623,000 6137 - Hazardous Material
Management for City Properties $142,183 - - - - - - 6138 - Repairs-Modifications to City Buildings $499,285 $175,000 $175,000 - - - $350,000 6139 - Repair to Historic
Buildings $268,333 $125,000 $125,000 - - - $250,000
6140 - Triton Museum Repair
and Modifications $48,006 $75,000 $35,000 - - - $110,000 6144 - Civic Center Campus
Renovation (Multi-Department) $139,127 - - - - - - 6174 - Civic Center Campus Future Needs $20,350,000 - - - - - - 6176 - Public and Workspace Improvement Planning $728,745 - - - - - - 6184 - ADA Transition Plan Implementation (Public
Buildings) - $260,000 $804,000 $750,000 - - $1,814,000
6189 - City Buildings - Upgrade
Lighting to LED Project $250,910 - - - - - - 6190 - City Hall Gutter and Waterproofing Repair Project $440,605 - - - - - - 6191 - Electric Vehicle Charging (Fleet) $200,000 $115,000 $851,000 $700,000 - - $1,666,000 6192 - Police Department Facility
Renovation $275,000 $22,000 $40,000 - - - $62,000
6211 - Triton Museum
Renovation - $1,000,000 - - - - $1,000,000

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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | P R O JE CT C OS T S U M MA R Y FUNDED

PROJECTS BUDGETED COST SUMMARY
Administrative Facilities
Project 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-YearCIP Total 6219 - Historic Buildings &
Beautification CEA - $150,000 - - - - $150,000
6270 - Real Time Intelligence
Center Feasibility - $150,000 - - - - $150,000
6271 - Police Training Facility
Feasibility and Assessment - $250,000 - - - - $250,000
6272 - PD Drone First
Responder Infrastructure - $50,000 - - - - $50,000
6273 - Emergency Operations
Center Infrastructure $250,000 - - - - - - 6279 - Police Facilities Projects CEA - $105,000 - - - - $105,000
6280 - Fire Station 5
Replacement $2,000,000 $2,000,000 - - - - $2,000,000
6281 - Fire Training Tower
Renovation - $783,000 - - - - $783,000
6282 - Fire Station Security
Upgrade - $1,900,000 - - - - $1,900,000
6283 - Fire Station 7
Replacement $500,000 $3,500,000 - - - - $3,500,000
6289 - Fire Station and
Emergency Response Projects
CEA - $1,602,450 - - - - $1,602,450
6555 - Office Reconfiguration $231,590 - - - - - - 6558 - Morse Mansion Maintenance & Repair $35,003 $50,000 $50,000 - - - $100,000 FY27 Temp 10 - Fleet Shop
Retrofit - $175,000 - - - - $175,000
Total Administrative Facilities
Projects $29,341,671 $12,707,950 $3,482,500 $1,450,000 - - $17,640,450

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6123 - PUBLIC BUILDING PARKING LOT IMPROVEMENTS
Project Number: 6123 Theme / Category: Administrative
Facilities
Year Initiated: 2012 Project Manager: Huy Nguyen
Planned Completion Year: Ongoing Department: Public Works Project Type: Ongoing Fund: 538 - Public Buildings
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Various public building locations throughout the City.

Project Description The City's parking lot inventory includes approximately 50 lots located at various City-owned facilities including parks, fire stations, police station, libraries, Triton Museum, historic houses, general government buildings, and various other City-owned properties. While staff from the Department of Public Works’ Streets Division performs routine maintenance to extend life of the pavement surfaces, this project performs more robust preventative maintenance, rehabilitation, and reconstruction of the paved surfaces at these lots. The work includes removal and replacement of failed asphalt, placing surface seals, resurfacing, concrete repairs, drainage improvements, signing, and striping. These efforts enhance the surface quality for pedestrians and motorists, while extending the useful life of the surface to reduce the need for reconstruction at a higher cost.

Phase 1 has been completed and included a total of 11 locations - three Water Well locations, five sanitary sewer pump stations, Central Library, City Hall (northwest parking lot), and the Convention Center. Phase 2 includes the Triton Museum parking lot. Future phases will be coordinated with the various departments.

Funding Sources General Fund - Capital Project Reserves Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $554,789 $1,709,168 $220,500 $1,402,500 - - - $3,886,957 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $282,133 $1,033,661 - $1,000,000 - - - $2,315,794 Contingencies/Misc $10,415 $40,701 $22,500 $172,500 - - - $246,116 Engineering $230,458 $634,806 $150,000 $150,000 - - - $1,165,264 Personnel $31,783 - - - - - - $31,783
PW Proj. Deliv. Design - - $48,000 $26,000 - - - $74,000 PW Proj. Deliv. Const. - - - $54,000 - - - $54,000
Total Expenditures $554,789 $1,709,168 $220,500 $1,402,500 - - - $3,886,957 Operating Impacts - - - - - -
303
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED 6138 - REPAIRS-MODIFICATIONS TO CITY BUILDINGS

Project Number: 6138 Theme / Category: Administrative
Facilities
Year Initiated: 2011 Project Manager: Ken Winland
Planned Completion Year: Ongoing Department: Public Works Project Type: Ongoing Fund: 538 - Public Buildings
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Various City buildings
Project Description This project covers general repairs and maintenance for the City Hall complex. Work includes items such as repairing, replacing, or upgrading building components, including tenant improvements and general maintenance. Some of the past projects have included carpet, furniture, electrical services, preventative maintenance, pest control, HVAC, and other miscellaneous work.

Funding Sources General Fund - Capital Project Reserves Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $1,862,738 $499,285 $175,000 $175,000 - - - $2,712,023 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $1,796,792 $300,324 $175,000 $175,000 - - - $2,447,116 Contingencies/Misc $26,556 - - - - - - $26,556
Engineering $15,793 $198,961 - - - - - $214,754
Equipment $8,615 - - - - - - $8,615
Personnel $1,225 - - - - - - $1,225
Transfers Out $13,757 - - - - - - $13,757
Total Expenditures $1,862,738 $499,285 $175,000 $175,000 - - - $2,712,023 Operating Impacts - - - - - -
304
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FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6139 - REPAIR TO HISTORIC BUILDINGS
Project Number: 6139 Theme / Category: Administrative
Facilities
Year Initiated: 2011 Project Manager: Ken Winland
Planned Completion Year: Ongoing Department: Public Works Project Type: Ongoing Fund: 538 - Public Buildings
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Historic Buildings (Harris Lass House, Headen Inman House, Jamison Brown House, Berryessa Adobe)
Project Description This project includes the repair and maintenance of the City-owned historic buildings. These buildings include Headen-Inman, Jamison Brown, Harris Lass and Berryessa Adobe. Repairs include painting, plumbing, exterior maintenance, electrical, etc.

Funding Sources General Fund - Capital Project Reserves, and Potential Grant Funding

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $1,062,689 $268,333 $125,000 $125,000 - - - $1,581,022 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $967,588 $114,242 $125,000 $125,000 - - - $1,331,830 Contingencies/Misc $8,250 - - - - - - $8,250
Engineering - $154,091 - - - - - $154,091
Transfers Out $86,851 - - - - - - $86,851
Total Expenditures $1,062,689 $268,333 $125,000 $125,000 - - - $1,581,022 Operating Impacts - - - - - -
305
tttr
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6140 - TRITON MUSEUM REPAIR AND MODIFICATIONS
Project Number: 6140 Theme / Category: Administrative
Facilities
Year Initiated: 2011 Project Manager: Ken Winland
Planned Completion Year: Ongoing Department: Public Works Project Type: Ongoing Fund: 538 - Public Buildings
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Triton Museum of Art
Project Description This project includes maintenance and repair of the Triton Museum on an annual basis. General repairs include walls, paint, plumbing, electrical, etc. A portion of the FY 2026/27 project budget will fund a property condition assessment.

Funding Sources General Fund - Capital Project Reserves

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $530,610 $48,006 $75,000 $35,000 - - - $688,616 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $444,105 $40,258 $35,000 $35,000 - - - $554,363 Engineering - $7,748 $40,000 - - - - $47,748
Transfers Out $86,505 - - - - - - $86,505
Total Expenditures $530,610 $48,006 $75,000 $35,000 - - - $688,616 Operating Impacts - - - - - -
306
11h
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6184 - ADA TRANSITION PLAN IMPLEMENTATION (PUBLIC

BUILDINGS)

Project Number: 6184 Theme / Category: Administrative
Facilities
Year Initiated: 2021 Project Manager: Vincent Luchessi
Planned Completion Year: Ongoing Department: Public Works Project Type: Ongoing Fund: 538 - Public Buildings
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location various locations Citywide
Project Description The City Council adopted the Americans with Disabilities Act (ADA) Self-Evaluation and Transition Plan (Plan) in 2024 for public buildings, parks, and public rights-of-way. The Plan identified improvements to address barriers to accessibility, methods for improving access, establishment of a timeline and costs for removing ADA barriers and involved people with disabilities in the preparation of the Plan. This project is to implement improvements at public buildings and sites as identified in the Plan and also includes ADA related program improvements at the City.

Funding Sources General Fund - Capital Project Reserves Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $260,000 $804,000 $750,000 - - $1,814,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - $750,000 - - - $750,000
Engineering - - $225,000 - $750,000 - - $975,000
PW Proj. Deliv. Design - - $35,000 $54,000 - - - $89,000 Total Expenditures - - $260,000 $804,000 $750,000 - - $1,814,000 Operating Impacts - - - - - -
307
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6191 - ELECTRIC VEHICLE CHARGING (FLEET)
Project Number: 6191 Theme / Category: Administrative
Facilities
Year Initiated: 2024 Project Manager: Huy Nguyen
Planned Completion Year: 2036 Department: Public Works
Project Type: Distinct Fund: 538 - Public Buildings
Strategic Pillar 07 - Promote Sustainability and Environmental Protection
Location Citywide
Project Description This project is being undertaken in response to the California Air Resources Board’s Advanced Clean Fleets (ACF) regulation, which requires public fleets to transition to zero-emission vehicles when replacing medium- and heavy-duty vehicles starting in 2024. The City currently operates approximately 170 vehicles that are subject to this requirement. This project provides for the planning, design, and construction of electric vehicle charging infrastructure required to service the City’s existing and expanding electric vehicle fleet.

Implementation of the project is planned to occur over multiple phases, subject to available funding. The planning phase involves evaluating existing infrastructure and planned fleet replacement to develop a comprehensive electric fleet vehicle charging plan. Following completion of the plan, subsequent phases will include the design and construction of electric vehicle charging stations at various sites throughout the City that require fleet vehicle charging. This project is preliminarily funded to implement up to two initial design and construction projects to install chargers, with subsequent project phases to be determined based upon the fleet vehicle charging plan and available funding.

Funding Sources General Fund - Capital Project Reserve, utilities funds, Building Development Services Fund, possible future grant funding

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $200,000 $115,000 $851,000 $700,000 - - $1,866,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - $700,000 $700,000 - - $1,400,000
Engineering - $200,000 $100,000 $100,000 - - - $400,000 PW Proj. Deliv. Design - - $15,000 $15,000 - - - $30,000 PW Proj. Deliv. Const. - - - $36,000 - - - $36,000
Total Expenditures - $200,000 $115,000 $851,000 $700,000 - - $1,866,000 Operating Impacts - - - - - -
308
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6192 - POLICE DEPARTMENT FACILITY RENOVATION
Project Number: 6192 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Ken Winland
Planned Completion Year: 2028 Department: Police Department Project Type: Distinct Fund: 538 - Public Buildings
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Police Department
Project Description The Santa Clara Police Department Office of the Chief houses multiple personnel that assist in the daily functions of the Police Department. This project provides funding for the renovation of the facility to help the Department address necessary office reconfigurations arising from staffing needs.

Funding Sources General Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $275,000 $22,000 $40,000 - - - $337,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - $275,000 - - - - - $275,000
PW Proj. Deliv. Design - - $22,000 - - - - $22,000
PW Proj. Deliv. Const. - - - $40,000 - - - $40,000
Total Expenditures - $275,000 $22,000 $40,000 - - - $337,000 Operating Impacts - - - - - -
309
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FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6211 - TRITON MUSEUM RENOVATION
Project Number: 6211 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Ken Winland
Planned Completion Year: 2027 Department: Public Works
Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Triton Museum of Arts
Project Description This project will provide funding for the roof replacement of the Triton Museum.

Funding Sources Measure I General Obligation Bond Proceeds

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $1,000,000 - - - - $1,000,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $1,000,000 - - - - $1,000,000
Total Expenditures - - $1,000,000 - - - - $1,000,000
Operating Impacts - - - - - -
310
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FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6219 - HISTORIC BUILDINGS & BEAUTIFICATION CEA
Project Number: 6219 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Ken Winland
Planned Completion Year: 2030 Department: Public Works
Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Historic Buildings (Harris Lass House, Headen Inman House, Jamison Brown House, and Berryessa Adobe)
Project Description This funding is for the Contingency, Escalation & Administration of the Triton Museum Improvements Project funded by the Measure I General Obligation Bond.

Funding Sources Measure I General Obligation Bond Proceeds Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $150,000 - - - - $150,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Contingencies/Escalation - - $100,000 - - - - $100,000
Administration - - $50,000 - - - - $50,000
Total Expenditures - - $150,000 - - - - $150,000
Operating Impacts - - - - - -
311
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6270 - REAL TIME INTELLIGENCE CENTER FEASIBILITY
Project Number: 6270 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Mike Crescini
Planned Completion Year: 2030 Department: Police Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Police Department
Project Description This project provides funding for a study to evaluate the feasibility of expanding the existing Police Headquarters to include a Real Time Intelligence Center (RTIC). The RTIC would integrate emerging technologies, including drone support, to provide real-time situational awareness and enhance operational effectiveness for police staff.

Funding Sources Measure I General Obligation Bond Proceeds Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $150,000 - - - - $150,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $150,000 - - - - $150,000
Total Expenditures - - $150,000 - - - - $150,000
Operating Impacts - - - - - -
312
11tr
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6271 - POLICE TRAINING FACILITY FEASIBILITY AND ASSESSMENT Project Number: 6271 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Mike Crescini
Planned Completion Year: 2030 Department: Police Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location To be determined
Project Description The Santa Clara Police Department has identified the need for training facility to support evolving public safety needs and enhance officer readiness. This project provides funding to support identification and evaluation of potential sites for a new police training facility. This work will include site feasibility analysis, assessments, and the preparation of conceptual design options to inform future planning and development.

Funding Sources Measure I General Obligation Bond Proceeds Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $250,000 - - - - $250,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $250,000 - - - - $250,000
Total Expenditures - - $250,000 - - - - $250,000
Operating Impacts - - - - - -
313
11tr
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6272 - PD DRONE FIRST RESPONDER INFRASTRUCTURE
Project Number: 6272 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Mike Crescini
Planned Completion Year: 2030 Department: Police Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Police Department
Project Description This project funds a feasibility study, schematic design, and project phasing plan for adding dedicated space at Police Headquarters to support the Drone First Responder (DFR) Program. The Santa Clara Police Department currently uses drones as a resource to optimize public and officer safety. Currently, drones are deployed in support of calls for service by "drone operators" who have the drones secured in their vehicles. The DFR Program would optimize the drone as a "first responder." In conjunction with the Real Time Intelligence Center (RTIC), the drone would respond from the Police Department to quickly provide real time updates and intelligence to officers as well as supervisors. This capability necessitates the drones being able to launch from the roof above the RTIC as well as land in the same location. The roof of the proposed RTIC addition would require upgrades to allow for the charging of the drones as well as any other associated technology required to house, launch, and land.

Funding Sources Measure I General Obligation Bond Proceeds

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $50,000 - - - - $50,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $50,000 - - - - $50,000
Total Expenditures - - $50,000 - - - - $50,000
Operating Impacts - - - - - -
314
11tr
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6279 - POLICE FACILITIES PROJECTS CEA
Project Number: 6279 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Mike Crescini
Planned Completion Year: 2030 Department: Police Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Police Department
Project Description This funding is for the Contingency, Escalation & Administration for the Police Facilities Projects funded by the Measure I General Obligation Bond.

Funding Sources Measure I General Obligation Bond Proceeds Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $105,000 - - - - $105,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Contingencies/Escalation - - $70,000 - - - - $70,000
Administration - - $35,000 - - - - $35,000
Total Expenditures - - $105,000 - - - - $105,000
Operating Impacts - - - - - -
315
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6280 - FIRE STATION 5 REPLACEMENT
Project Number: 6280 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Christian Tran
Planned Completion Year: 2029 Department: Fire Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Fire Station 5
Project Description This project provides funding to replace the outdated 1961 facility with a modern, accessible, and community-focused fire station, in alignment with the recommendations outlined in the 2017 needs assessment. The existing station requires seismic retrofitting, has ongoing plumbing deficiencies, needs roof replacement, and lacks a dedicated fitness area, which is an essential component of the department’s Wellness/Fitness Initiative. The new facility will incorporate an optimized site orientation and building layout specifically designed to accommodate an aerial ladder truck, three apparatus bays and ten personnel. Due to its strategic central location within the city, Fire Station 5 is designated as a “Core” station. As such, it is routinely backfilled by mutual aid units from surrounding jurisdictions whenever the Santa Clara Fire Department (SCFD) is engaged in a multiple-alarm incident. The project will be delivered in two phases.

Phase 1 was completed in 2017 and includes a needs assessment. Phase 2 (started in FY 2025/26) will include the 2017 assessment as a base plan with some requested revisions, detailed design, bid and award, and construction.

Funding Sources Measure I General Obligation Bond Proceeds

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $2,000,000 $2,000,000 - - - - $4,000,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - $2,000,000 $2,000,000 - - - - $4,000,000 Total Expenditures - $2,000,000 $2,000,000 - - - - $4,000,000 Operating Impacts - - - - - -
316
11h
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6281 - FIRE TRAINING TOWER RENOVATION
Project Number: 6281 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Christian Tran
Planned Completion Year: 2028 Department: Fire Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Fire Department Training Center
Project Description This project helps to address repairs to the training tower that were identified in the facility assessment prepared in 2022. Needed repairs will include renovation to both sets of stairs, replacement of doors, and upgrades to the tower’s electrical system. These repairs are essential for maintaining the safety and structural integrity of the training tower and for those who utilize it.

Funding Sources Measure I General Obligation Bond Proceeds Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $783,000 - - - - $783,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $783,000 - - - - $783,000
Total Expenditures - - $783,000 - - - - $783,000
Operating Impacts - - - - - -
317
ml
FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6282 - FIRE STATION SECURITY UPGRADE
Project Number: 6282 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Christian Tran
Planned Completion Year: 2027 Department: Fire Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Fire Station 1 ,3, 4, and 8
Project Description This project funds security upgrades for Fire Stations 1, 3, 4, and 8, which includes electronic vehicle entry gates, enhanced fencing, and key cards for property entrance. These security enhancements will improve the safety of all employees, personal property, and City property. Remaining stations are already outfitted with additional security measures or have this addition slated to be completed during applicable renovations. Fire Station 1 has immediate security needs to be addressed prior to its planned renovation.

The need for security at these particular stations is in large part due to their surrounding areas, which have heavy foot traffic and frequently visited sites nearby, such as Central Park and Levi's Stadium. The order of priority for these security upgrades is Fire Station 8, Fire Station 3, Fire Station 4 and Fire Station 1.

Funding Sources Measure I General Obligation Bond Proceeds

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $1,900,000 - - - - $1,900,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $1,900,000 - - - - $1,900,000
Total Expenditures - - $1,900,000 - - - - $1,900,000
Operating Impacts - - - - - -
318
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FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED

6283 - FIRE STATION 7 REPLACEMENT
Project Number: 6283 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Christian Tran
Planned Completion Year: 2030 Department: Fire Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Fire Station 7
Project Description Fire Station 7, which was constructed in 1971, no longer adequately meets the operational needs of the Fire Department. Modern fire station design standards include appropriate sleeping quarters and modern restroom facilities, which are absent in the current facility. In addition, the department’s Wellness/Fitness Initiative necessitates properly equipped and dedicated fitness areas, as well as appropriate spaces for the decontamination and storage of personal protective equipment (PPE). The new facility will incorporate an optimized site orientation and building layout specifically designed to accommodate three apparatus bays and ten personnel. The station also suffers from significant deferred maintenance, including extensive termite damage to both the siding and the structural wood supports within the main living quarters. This project will fund a comprehensive evaluation of Fire Station 7. The project will be delivered in two phases.

Phase 1 includes initial assessment, evaluation, and schematic design. Phase 2 is projected to start after the completion of Phase 1 and will include detailed design, bid and award, and construction.

Funding Sources Measure I General Obligation Bond Proceeds

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $500,000 $3,500,000 - - - - $4,000,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - $500,000 $3,500,000 - - - - $4,000,000
Total Expenditures - $500,000 $3,500,000 - - - - $4,000,000 Operating Impacts - - - - - -
319
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FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED 6289 - FIRE STATION AND EMERGENCY RESPONSE PROJECTS CEA

Project Number: 6289 Theme / Category: Administrative
Facilities
Year Initiated: 2026 Project Manager: Christian Tran
Planned Completion Year: 2030 Department: Fire Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This funding is for the Contingency, Escalation & Administration for the Fire Stations and Emergency Response Projects funded by the Measure I General Obligation Bond.

Funding Sources Measure I General Obligation Bond Proceeds

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $1,602,450 - - - - $1,602,450
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Contingencies/Escalation - - $1,068,300 - - - - $1,068,300 Administration - - $534,150 - - - - $534,150
Total Expenditures - - $1,602,450 - - - - $1,602,450
Operating Impacts - - - - - -
320
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FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | A D MI NI S T R A T IV E F AC I LI T I E S FUNDED 6558 - MORSE MANSION MAINTENANCE & REPAIR

Project Number: 6558 Theme / Category: Administrative
Facilities
Year Initiated: 2019 Project Manager: Ken Winland
Planned Completion Year: Ongoing Department: Public Works Project Type: Ongoing Fund: 539 - General
Government
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Morse Mansion
Project Description The project covers routine maintenance and repair of the Morse Mansion on an annual basis. The routine maintenance and repair include walls, paint, plumbing, porch repair, and roof repair.

The budgeted amount in this CIP does not include major rehabilitation of the property. In 2017, a Condition Assessment & Preservation Plan for the Morse Mansion was completed and recommended major rehabilitation work for the entire building, which includes, but is not limited to: roof repair/replacement; mechanical, electrical, and plumbing upgrades; openings rehabilitation, which include windows, doors, and glazing; insulation and attic wiring replacement; landscaping and site restoration; major structural repair/replacement of foundation; front porch restoration; interior repairs and repainting; fencing work; parking and other ADA improvements; interior finishes work; termite repair; HVAC improvements; and structural members repair.

Funding Sources Capital Projects Reserve – General Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $324,827 $35,003 $50,000 $50,000 - - - $459,830 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $324,827 $35,003 $50,000 $50,000 - - - $459,830 Total Expenditures $324,827 $35,003 $50,000 $50,000 - - - $459,830 Operating Impacts - - - - - -
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FY27 TEMP 10 - FLEET SHOP RETROFIT
Project Number: FY27 Temp
10 Theme / Category: Administrative Facilities
Year Initiated: 2025 Project Manager: Dan Sunseri
Planned Completion Year: 2031 Department: Public Works
Project Type: Distinct Fund: 538 - Public Buildings
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Street Corp Yard - Fleet Shop
Project Description This project funds a feasibility/needs assessment of the City's Fleet Shop in the Street Corporation Yard to determine its retrofitting needs to meet the evolving compliance and regulatory requirements, industry standards, operational efficiencies, safety compliance, and the City's changing Fleet inventory. Based on the results of the study, a future project would be proposed.

Funding Sources General Fund - Capital Project Reserves, utilities funds, Building Development Services Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $175,000 - - - - $175,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $25,000 - - - - $25,000
Engineering - - $150,000 - - - - $150,000
Total Expenditures - - $175,000 - - - - $175,000
Operating Impacts - - - - - -
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UNFUNDED PROJECTS ADMINISTRATIVE FACILITIES
6123 - Public Building Parking Lot Improvements
FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total - - $1,564,000 $2,932,500 $1,092,500 $5,589,000 The unfunded project reflects deferred preventative maintenance and rehabilitation needs at various City owned public parking lots that would be required to improve the pavement to be considered in a state of good repair. This project is funded in years 1 and 2, while the out years remain unfunded. 6138 - Repairs-Modifications to City Buildings
FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total - - $175,000 $175,000 $175,000 $525,000 This project covers general repairs and maintenance for the City Hall complex. Work includes items such as repairing, replacing, or upgrading building components, including tenant improvements and general maintenance. Some of the past projects have included carpet, furniture, electrical services, preventative maintenance, pest control, HVAC and other miscellaneous work. This project is funded in years 1 and 2, while the out years remain unfunded. 6139 - Repair to Historic Buildings
FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total - - $125,000 $125,000 $125,000 $375,000 This project includes the repair and maintenance of the City-owned historic buildings. These buildings include Headen Inman, Jamison Brown, Harris Lass, and Berryessa Adobe. Work includes items such as paint, plumbing, exterior maintenance, and electrical work. Continuing to fund this project will allow staff to identify and repair the items found on the property condition assessments. This project is funded in years 1 and 2, while the out years remain unfunded. 6140 - Triton Museum Repair and Modifications
FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total - - $35,000 $35,000 $35,000 $105,000 This project includes maintenance and repair of the Triton Museum on an annual basis. General repairs include items such as walls, paint, plumbing, electrical and roof repair. This CIP includes funding for routine maintenance and repair in years 1 and 2, only. The out years remain unfunded for both routine maintenance/repair. 6148 - City Hall HVAC Rehabilitation Project
FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total $5,290,000 - - - - $5,290,000
This project would provide funding to replace/rehabilitate the City Hall HVAC system, which includes central heating, central cooling, distribution system, and split system units. The HVAC system components vary in age; however, all of them are near the end of their useful life and need to be replaced as identified in the Facility Condition Assessment Report. The first phase of this project consists of evaluation of the existing HVAC system and preparing schematic design. Based on the result of the evaluation that would detail the impact to City Hall, staff will consider design and construction schedule for the project.
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UNFUNDED PROJECTS ADMINISTRATIVE FACILITIES
6158 - Stationary Standby Generators
FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total - $4,140,000 $4,025,000 - - $8,165,000 The project would fund the replacement of standby emergency generators, automatic transfer switches, adding cam lock connectors and remote monitoring at various City locations where existing emergency power is already supplied.

Many of the City's Stationary Emergency Standby Generators (standby generators) are over 25 years old and have reached the end of their useful life. As a result, the overall condition and reliability of the standby generator fleet has diminished. This project is funded through Phases I, II and III, while Phase IV and V remain unfunded. Phases IV and V include generator replacements for the Police and IT Departments, Fleet and Streets Maintenance shops and offices, the Triton Museum, and Gianera, Eastside and Westside Storm Pump Stations. 6184 - ADA Transition Plan Implementation (Public Buildings) FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total $225,000 $1,200,000 $1,200,000 $3,450,000 $450,000 $6,525,000 The City is preparing an Americans with Disabilities Act (ADA) Self-Evaluation and Transition Plan Update for public buildings, parks, and public rights-of-way. The resulting Plan will identify improvements to address barriers to accessibility, methods for improving access, establish a timeline and costs for removing ADA barriers, and involve people with disabilities in the preparation of the Plan. The Plan will provide a strategic approach and tools for continued access improvements as the City implements its ADA Self-Evaluation and Transition Plan in the coming years. This project would implement improvements at public buildings and sites as identified in the plan. This project is partially funded from FY 2026/27 through FY 2028/29.
6191 - Electric Vehicle Charging (Fleet)
FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total - - $100,000 $800,000 $700,000 $1,600,000 This project would provide funding to comply with CARB's new regulation "Advanced Clean Fleet" (ACF) rule. This requires fleets to purchase zero emission vehicles when replacing their medium and heavy-duty fleet in 2024. This project provides for the planning, design, and construction of electric vehicle charging infrastructure required to service the City’s existing and expanding electric vehicle fleet. This project is partially funded from FY 2026/27 through FY 2028/29, but the out years remain unfunded.
6558 - Morse Mansion Maintenance & Repair
FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total - - $50,000 $50,000 $50,000 $150,000 The project includes annual maintenance and repair of the Morse Mansion. General repairs include items such as walls, paint, plumbing, porch repair, roof repair, etc. This does not include renovation items identified in the property condition assessment completed in 2017, such as re-roofing of structures, window restoration, door restoration, mechanical and plumbing upgrades, siding restoration, insulation and attic wiring, landscaping and site restoration, foundation structural work, and front porch restoration. This project is funded in FY 2026/27 and FY 2027/28. 324
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INTRODUCTION
The capital projects within the Community Facilities theme enhance the functionality and sustainability of many important city-owned facilities. These projects include construction, repair and renovation that are imperative for the City to promote safe, reliable, and adequate services while also providing a diverse range of library, parks, recreation, and open space opportunities to residents.

Funding Our Top Priorities
The projects included in the CIP were determined in accordance with both the City Council’s Strategic Pillars and the budget priorities. The chart below illustrates the funding amount per Strategic Pillar within the Community Facilities category.

The five-year CIP Community Facilities budget totals $8.8 million. The CIP projects were prioritized by the following criteria:

General Obligation Bond Projects
This program includes several projects supported by the Measure I General Obligation Bonds, including the following that have funding in this CIP from the first tranche of projects:
 Renovation/Expansion of 3 Public Libraries
o Central Library Restrooms & Access Control Redesign
o Central Library Lighting Control System Replacement
o Central Library Entry Auto Door System Replacement
o Central, Mission, and Northside Libraries Renovation Design  Community ISC Aquatic Facility Renovation/Replacement o Community ISC Aquatic Facility (Phase 1) (funding in FY 2025/26) o Community ISC Aquatic Facility (Phase 2)
Central Park Library – Carpet Replacement
This project replaces the carpeting in the public areas of the Central Park Library. It addresses a key maintenance need in one of the City’s most heavily used public facilities, which welcomed 463,368 visitors in FY 2024/25. Given
this high level of daily use, maintaining an attractive and welcoming environment is essential, and the carpet is a highly visible element that contributes to the library’s appearance.

The existing carpet, last replaced in 2015, is heavily worn and visibly outdated. Replacement carpet tiles are no
longer available, as the product line has been
discontinued, limiting the City’s ability to maintain or repair the flooring. Full replacement is therefore necessary to ensure continued upkeep and a positive visitor experience.

Central Park Library – Repaint Interior
This project addresses essential maintenance of public spaces at the Central Park Library. Given the high level of use of this library, it is important to maintain an attractive, well-maintained, and welcoming environment.

The project focuses on patching and repainting public areas, as the existing paint is original to the building, more than 20 years old, and visibly worn and faded in many locations. The
deteriorated paint detracts from the appearance of an otherwise vibrant and well-used facility. As a highly visible community Central Park Library
Central Park Library
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Future Projects Funded by Quimby and Mitigation Fee Act Revenues The Parks & Recreation Department budgets capital projects based on the actual Quimby and Mitigation Fee Act (MFA) revenues received rather than projections on future collections, ensuring sufficient funding to support CIP projects. As a result, the CIP reflects a limited number of projects supported by available funding. Additional projects will be programmed in future years as funding becomes available.

Each year, 25% of Quimby and MFA fees collected, net of the 2% allocated to the Park Impact Fees Monitoring Project, is allocated to the Parkland Acquisition project to support future parkland acquisition and the City’s longterm park service level goals.

To guide the allocation of remaining funds as revenues are received, the Parks & Recreation Department established the following funding strategies and project priorities:

Funding Strategies

1. Completion of Existing Projects
a. Example: addressing construction cost increases (e.g., inflation) for projects that have not yet been awarded.

2. Federal, State, County, and Local Mandates
a. Example: accessibility improvements for ADA compliance, clean and safe parks and playgrounds (Consumer Product Safety Commission Guidelines), County health requirements, building code upgrades, and engineering/facility condition assessments (based on age and condition).

3. Community Wide Service Area Facilities (serving the greatest number of residents) a. Example: Community Park North, Senior Center, and Central Park Master Plan projects.

4. Park In-Lieu Fee Program
a. Example: project application review, facility condition assessment, land value appraisals, studies, furniture, fixtures, and equipment for developer-delivered parks.

In December 2025, the Department completed the draft Parks & Recreation Master Plan. Phase I (Years 1–5) of the three-phase implementation plan identifies approximately $185 million to $260 million in capital improvement needs. Future projects will be guided by the Master Plan, with funding priorities for park in-lieu fees determined based on project needs.

Future projects funded by Quimby and MFA revenues will consider the geographic areas in which fees are generated, consistent with nexus requirements, while balancing citywide park system needs.

Major Accomplishments
 The project to replace the concrete sidewalk between handicapped parking and the front of Central Park Library was completed in December 2025. The construction repaired the sinking and settling of the sidewalk, drainage issues, and ensured ADA compliant access for the disabled community. 329
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Replacement – The project is currently in the pre-construction phase. The Notice to Proceed was issued on March 16, 2026.

The City also provided the Soil Management Plan in early March to support the contractor’s building permit application.

Financing Sources
General Fund (Capital Projects Reserve)
The General Fund Capital Projects Reserve is used to support the City’s general capital projects.

Measure I General Obligation (GO) Bond Funding
On November 5, 2024, voters in the City of Santa Clara approved ballot Measure I, the Public Facilities and Infrastructure Bond Measure that authorized the issuance of $400 million of general obligation (GO) bonds. Of this amount, $78.5 million is allocated to projects within the Community Facilities theme, and $6.7 million is programmed in this CIP.

Operating Budget Impacts
Some projects may have operating impacts, depending on their final scope. The cost of operating renovated or expanded facilities or infrastructure will be incorporated into the operating budget in the fiscal year assets become operational once those costs are identified.

Unfunded Needs
As illustrated in the chart below, the total funding need for the Community Facilities program is approximately $58.8 million over the next five years. Of this amount, $8.8 million is funded, leaving $50.0 million in unfunded needs. The unfunded portion is primarily within the Parks & Recreation Department.

Funded, $8.8
M, 15.0%
Unfunded,
$50.0 M,

85.0%
Community Facilities
Total Funding Needs = $58.8 M
International Swim Center
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The unfunded Aged Infrastructure at Critical/Poor Buildings project addresses the remaining needs identified in the Facility Needs Assessment (Kitchell, 2018). While $49.4 million is identified as unfunded in this CIP, the actual cost is expected to exceed the currently identified unfunded amount due to several factors:
 It does not include enhancements to existing park and infrastructure offerings (it assumes a like-for-like replacement).
 Project delays may result in additional cost escalation.  It does not factor in the need to expand capacity and parkland in line with population increases.

The total infrastructure need is also expected to be greater based on the draft Parks & Recreation Master Plan (December 2025), which provides more current information than the Kitchell report. As noted previously, Phase I (Years 1–5) of the three-phase implementation plan identifies approximately $185 million to $260 million in capital improvement needs, including facility expansions and renovations. New facilities are planned for the later phases of the master plan.

Looking ahead, unfunded needs may be supported through a combination of the park in-lieu fees, General Fund contributions, grants, user fees, and external partnerships and donations. Additional revenue sources may also be explored, including dedicated taxes, bond measures, and/or assessments. $0.5 M
$49.4 M
$0.0
$10.0
$20.0
$30.0
$40.0
$50.0
$60.0
Central Park Library - Front Exterior Lighting Aged Infrastructure at Critical/Poor Buildings $ in Millions Unfunded
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FUNDED PROJECTS BUDGETED COST SUMMARY
Community Facilities
Project 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-YearCIP Total 3102 - Facility Condition
Assessment Update Project $400,000 - - - - - - 3103 - Senior Center Natatorium HVAC Project - Ph
1 $172,500 - - - - - - 3104 - Lawn Bowls
Improvements $1,000,000 - - - - - - 3134 - Electronic Access for Meeting Rooms $381,212 - - - - - - 3187 - Bowers Roof/Building Replacement Project $1,466,934 - - - - - - 3196 - ISC
Renovation/Replacement-Ph1
(Non-Bond Funded)
$9,693,070 - - - - - - 3197 - Parks Service Center
Improvements $949,054 - - - - - - 3628 - Sarah E. Fox Memorial Mausoleum Repairs $270,489 - - - - - - 5044 - Remodel of Mission Branch Library $2,839 - - - - - - 5049 - Central Park Library Public Spaces $28,626 - - - - - - 5053 - Photovoltaic System Installation at the Northside
Branch Library
$830 - - - - - - 5055 - Central Park Library -
Concrete Sidewalk
Replacement
$115,652 - - - - - - 5056 - Northside Branch Library
- Automated Materials Handling
System
$332,400 - - - - - - 5057 - Central Park Library -
Radio Coverage $172,813 - - - - - - 6250 - Community Aquatic Facility/ISC
Renovation/Replacement (ISC
Phase 1 only)
$22,200,000 - - - - - - 6251 - Community ISC Aquatic
Facility
Renovation/Replacement
(Phase 2)
- $2,000,000 - - - - $2,000,000
6254 - Central Park Library
Restrooms Remodeling &
Access Control Redesign
- $250,000 - - - - $250,000
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FUNDED PROJECTS BUDGETED COST SUMMARY
Community Facilities Project 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-Year CIP Total
6255 - Central Park Library
Lighting Control System
Replacement - $250,000 - - - - $250,000
6256 - Central Park and Mission
Libraries Main Entry Auto Door
System Replacement - $200,000 - - - - $200,000
6257 - Central, Mission, and
North Side Libraries
Renovation Designs - $1,200,000 - - - - $1,200,000
6259 - Parks, Library, Senior
Center & Aquatics Facilities
CEA
$2,220,000 $2,793,750 - - - - $2,793,750
FY27 Temp 04 - Central Park
Library - Carpet Replacement - - - $1,098,000 - - $1,098,000 FY27 Temp 12 - Central Park
Library - Repaint Interior - - - $522,000 $522,000 - $1,044,000 Total Community Facilities
Projects $39,406,419 $6,693,750 - $1,620,000 $522,000 - $8,835,750 333
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RENOVATION/REPLACEMENT (PHASE 2)

Project Number: 6251 Theme / Category: Community Facilities Year Initiated: 2026 Project Manager: Damon Sparacino
Planned Completion Year: 2027 Department: Parks & Recreation Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 03 - Enhance Community Sports, Recreational and Arts Assets
Location Central Park - International Swim Center
Project Description The Community ISC Aquatic Facility Renovation/Replacement Phase 2 project includes the preparation of schematic designs and construction documents, along with targeted facility improvements and construction.

Rehabilitation efforts will focus on a new administrative building, repairing the existing bleachers and replacing the bleacher canopy, and implementing improvements to accessory buildings located on either side of the spectator seating.

Funding Sources Measure I General Obligation Bond Proceeds Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $2,000,000 - - - - $2,000,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Engineering - - $2,000,000 - - - - $2,000,000
Total Expenditures - - $2,000,000 - - - - $2,000,000
Operating Impacts - - - - - -
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ACCESS CONTROL REDESIGN

Project Number: 6254 Theme / Category: Community Facilities Year Initiated: 2026 Project Manager: Lee Hagan
Planned Completion Year: 2027 Department: Library Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Central Park Library
Project Description This project provides design funding to renovate the public restrooms at Central Park Library as well as funding to redesign access control to strengthen security in the gallery at the front of the building.

The public restrooms on the first floor in the gallery and in the children's area, and on the second floor near the public elevator require renovation and redesign. Project goals include completing the design for the restrooms renovations and moving the gender-neutral restroom to the gallery near the front that will improve accessibility and allow for adequate custodial sink and closet access.

The scope for the access control renovation includes establishing a security system zone encompassing the gallery, community rooms and gallery restrooms area. This will allow for the security needed to secure the facility during after-hours use of the community room zone. Access control renovation may include needed updates to the gallery double doors, gate, access card reader panels and equipment for the community room doors that exit to the children's area.

The project will be completed in two phases, the first phase will start in FY 2026/27 and include building evaluation and schematic design; followed by a second phase to include detailed design, permits, bid & award, and construction. Funding for the second phase will be requested in the future based on the preliminary evaluation.

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | C O M M UN I T Y F AC I LIT I E S FUNDED 6255 - CENTRAL PARK LIBRARY LIGHTING CONTROL SYSTEM

REPLACEMENT
Project Number: 6255 Theme / Category: Community Facilities Year Initiated: 2026 Project Manager: Lee Hagan
Planned Completion Year: 2027 Department: Library Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Central Park Library and Mission Branch Library Project Description Central Park Library is a 145,000 sq.ft. facility, including a parking garage, which welcomed 463,368 visitors in FY 2024/25. The library utilizes a lighting control system to program and control interior and exterior lighting. This allows staff to program and schedule when lights turn on and off, supporting sustainability and energy savings. The lighting control system is over 10 years old. It has reached functional end-of-life, and the circuit boards and light switches used by this system are obsolete and no longer produced. This project supports the purchase of SmartTL software and programming, upper and lower motherboards for relay panels in the electrical rooms, and multiple light switches and data lines for installation throughout Central Park Library. It does not include the replacement of light fixtures, only the control panel, hardware and software required to operate and program existing lighting systems.

The project is necessary to ensure the continued operation of the lighting control system. Failure of the lighting control system would significantly impact daily operations. Light switches in the building would become inoperable, and staff would have to manually control facility lighting from four different locked electrical rooms located throughout the building multiple times per day. This would increase staff work, create scheduling challenges, increase utility costs and environmental impact due to loss of automatic programming functions, and reduce the cost-savings achieved through Strategic Energy Management (SEM) efforts.

Funding Sources Measure I General Obligation Bond Proceeds Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $250,000 - - - - $250,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $250,000 - - - - $250,000
Total Expenditures - - $250,000 - - - - $250,000
Operating Impacts - - - - - -
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AUTO DOOR SYSTEM REPLACEMENT
Project Number: 6256 Theme / Category: Community Facilities Year Initiated: 2026 Project Manager: Lee Hagan
Planned Completion Year: 2027 Department: Library Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Central Park Library and Mission Branch Library Project Description This project will replace three automatic entry door systems that have reached the end of service life. The scope includes two systems at the Central Park Library and one system at the Mission Branch Library, ensuring continued accessibility and convenience for patrons. This project will also replace the sliding glass entry door system at the front entrance of Central Park Library (2-door system), the rear park-side entrance of Central Park Library, and the front entrance at Mission Branch Library.

Funding Sources Measure I General Obligation Bond Proceeds Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $200,000 - - - - $200,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $200,000 - - - - $200,000
Total Expenditures - - $200,000 - - - - $200,000
Operating Impacts - - - - - -
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RENOVATION DESIGNS
Project Number: 6257 Theme / Category: Community Facilities Year Initiated: 2026 Project Manager: Lee Hagan
Planned Completion Year: 2027 Department: Library Department Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Central Park Library, Mission Branch Library, and Northside Branch Library
Project Description This project provides design planning for public space renovations recommended in the Library Facilities Master Plan for the Central Park Library, Mission Branch Library, and Northside Branch Library. The goal of the project is to identify those recommendations from the 20-year Facilities Master Plan and prepare actionable design plans with cost estimates. The project will be completed in two phases, the first phase will include building evaluation and schematic design; followed by a second phase to include detailed design, permits, bid & award, and construction. Funding for the second phase will be requested in the future based on the preliminary evaluation.

Funding Sources Measure I General Obligation Bond Proceeds Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $1,200,000 - - - - $1,200,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $1,200,000 - - - - $1,200,000
Total Expenditures - - $1,200,000 - - - - $1,200,000
Operating Impacts - - - - - -
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6259 - PARKS, LIBRARY, SENIOR CENTER & AQUATICS FACILITIES CEA

Project Number: 6259 Theme / Category: Community Facilities Year Initiated: 2026 Project Manager: Lee Hagan
Planned Completion Year: 2030 Department: Parks & Recreation Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This funding is for the Contingency, Escalation & Administration for the Parks, Library, Senior Center and Aquatics Facilities Projects funded by the Measure I General Obligation Bond.

Funding Sources Measure I General Obligation Bond Proceeds Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $2,220,000 $2,793,750 - - - - $5,013,750 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Contingencies/Escalation - $2,220,000 $1,122,500 - - - - $3,342,500 Administration - - $1,671,250 - - - - $1,671,250
Total Expenditures - $2,220,000 $2,793,750 - - - - $5,013,750 Operating Impacts - - - - - -
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FY27 TEMP 04 - CENTRAL PARK LIBRARY - CARPET REPLACEMENT Project Number: FY27 Temp
04 Theme / Category: Community Facilities
Year Initiated: 2026 Project Manager: Lee Hagan
Planned Completion Year: 2029 Department: Library Department Project Type: Distinct Fund: 537 - Library
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Central Park Library
Project Description This project replaces the carpeting in the public areas of the Central Park Library. It addresses a key maintenance need in one of the City’s most heavily used public facilities, which welcomed 463,368 visitors in FY 2024/25. Given this high level of daily use, maintaining an attractive and welcoming environment is essential, and the carpet is a highly visible element that contributes to the library’s appearance.

The existing carpet, last replaced in 2015, is heavily worn and visibly outdated. Replacement carpet tiles are no longer available, as the product line has been discontinued, limiting the City’s ability to maintain or repair the flooring. Full replacement is therefore necessary to ensure continued upkeep and a positive visitor experience.

Funding Sources General Fund - Capital Project Reserve

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - - - $1,098,000 - - $1,098,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Contingencies/Misc - - - - $162,700 - - $162,700
Engineering - - - - $935,300 - - $935,300
Total Expenditures - - - - $1,098,000 - - $1,098,000
Operating Impacts - - - - - -
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FY27 TEMP 12 - CENTRAL PARK LIBRARY - REPAINT INTERIOR
Project Number: FY27 Temp
12 Theme / Category: Community Facilities
Year Initiated: 2026 Project Manager: Lee Hagan
Planned Completion Year: 2029 Department: Library Department Project Type: Distinct Fund: 537 - Library
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Central Park Library
Project Description This project addresses essential maintenance of public spaces at the Central Park Library, one of the City’s most heavily used public facilities, which welcomed 463,368 visitors in FY 2024/25. Given this high level of use, it is important to maintain an attractive, well-maintained, and welcoming environment.

The project focuses on patching and repainting public areas, as the existing paint is original to the building, more than 20 years old, and visibly worn and faded in many locations. The deteriorated paint detracts from the appearance of an otherwise vibrant and well-used facility. As a highly visible community space, this project is a priority to preserve the building’s appearance and extend its service life as a valued community asset. Work will be limited to public areas and will not include staff-only spaces.

Funding Sources General Fund - Capital Project Reserve

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - - - $522,000 $522,000 - $1,044,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Contingencies/Misc - - - - $85,008 $85,008 - $170,016
Engineering - - - - $436,992 $436,992 - $873,984
Total Expenditures - - - - $522,000 $522,000 - $1,044,000 Operating Impacts - - - - - -
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This project replaces the tackable walls-acoustic panels in Central Park Library's public community rooms and addresses ongoing upkeep needs at one of the City’s most heavily used facilities. Given this high level of use, it is important to maintain an attractive and welcoming environment.

A priority improvement identified for its significant visual impact and relatively low cost is the replacement of the tackable wall and acoustic panels in the two community rooms, which are frequently used for storytimes, community meetings, and other public programs. These panels support the display of artwork and signage while also helping to reduce sound transfer between adjacent rooms during high-volume programming such as storytimes.

The existing panels are heavily worn and badly stained, resulting in a noticeably deteriorated appearance. Replacing them will provide an affordable and effective way to refresh the space and improve the experience for parents, children, and community members who use these rooms.

FY27 Temp 05 - Central Park Library - Front Exterior Lighting FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total $69,000 $460,000 - - - $529,000
This project replaces the exterior lighting at the front of Central Park Library. The existing exterior lighting consists of recessed ground fixtures. These fixtures have been repeatedly damaged due to water intrusion and, according to manufacturer feedback, were never intended to last more than five years. They have not been replaced since their original installation over 20 years ago, and declining performance has resulted in insufficient lighting to support appropriate security levels. Currently, 47 fixtures are non-functional. As this area serves as both the main entrance to the library and a primary entrance to Central Park, adequate lighting is necessary to ensure public safety.

The project scope includes the replacement of the existing recessed ground fixtures with above-ground lighting along the library frontage and entrance driveway. A lighting design will guide selection of cost-effective and durable fixtures that provide adequate safety and complement the building’s exterior architecture. The scope also includes decommissioning the existing fixtures, installing new wiring, purchasing and installing overhead lighting, and restoring affected pavement areas. The project scope included a photometric study to identify areas requiring additional lighting along the frontage and in the drive aisles of the Homestead parking lots. Other areas are not included in the scope.

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The project would address deficiencies at 37 sites, including the joint use Mission City Center for the Performing Arts on Santa Clara Unified School District property. With the passage of Measure I, $18 million in General Obligation Bond funding will be allocated towards improvements to aging parks and facilities in the future. The remaining needs are unfunded and will require further evaluation through other funding sources, such as park in-lieu fees.

Five-Year CIP Total Unfunded Need: $50,002,906
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Convention Center
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INTRODUCTION
The Santa Clara Convention Center is strategically located in the heart of Silicon Valley, a prime location for conventions, trade shows and exhibitions that attract over 350,000 visitors annually. It features 100,000 square feet of exhibit space, a 22,400 square foot ballroom, 31 breakout rooms and a 607-seat theater. The facility is an integral economic component of Santa Clara, generating economic benefits through attendee direct and indirect spending and sustaining over 500 local jobs. The Convention Center is managed and operated by OVG360 (Oak View Group acquired Global Spectrum, L.P. (Spectra)).

The Convention Center’s Capital Improvement Program (CIP) is managed by OVG360 and is comprised of projects focused on the maintenance, repair, renovation or replacement of existing systems and infrastructure including, but not limited to HVAC, façade and aesthetic improvements, and technological advancements.

The Convention Center CIP projects were initially funded in FY 2019/20. A total of $4.15 million was allocated to support 13 projects ($1.15 million capital investment from OVG360 and $3.0 million capital investment from the City). In addition, $1.5 million was transferred from the Convention Center Operating Fund in FY 2025/26 to fund the exterior painting, the replacement of the cooling tower, and the installation of drop ceilings to address fire sprinkler protection deficiencies. Several of the projects, including installation of new HVAC A/C units, lobby roof assessment and repair (glass pyramids), updated security system and cameras, installation of new carpet and polished flooring and repaint of the Center’s interior have been completed.

OVG360 identified five-year capital needs totaling $10.4 million which remains unfunded in this CIP.

Project Highlights
Major projects in the Convention Center category are detailed below.

Updated Industrial Kitchen Space
The main kitchen and Mission Kitchen have been updated to reflect a new modern layout and final finishes are still underway. Funding for these updates is included in existing appropriations which cover updating the kitchen corridor and preparation area. New equipment has been also added to the Mission Kitchen for the transformation into a fully functioning pastry kitchen with the inclusion of a client tasting area and teaching kitchen space. The main kitchen was updated with a blast chiller, large walk-in refrigerator, ice machine, updated flooring, and walls to enhance staff safety and efficiency.

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Façade Improvements to Modernize Convention Center
The Convention Center has been further enhanced with completed upgrades to the exterior façade of the Convention Center buildings. The exterior structure presented prominent signs of extensive fading, resulting from years of exposure to environmental factors, adverse weather conditions and staining. As part of this effort to modernize the look, the project included a deep cleaning and power washing of the entire exterior façade areas, including the front entrance and the pyramid glass areas to remove visible dirt and grease built up.

Following the deep cleaning, the front buildings were completed with a new fresh paint palette, stucco improvements, and work on the exterior columns.

The second phase of the project includes the repainting of exterior areas including the rear entrance of the venue and the loading dock. The goal is to refresh the back areas of the Center to match the façade of new paint and stucco work to fully complete the modern contemporary look of the Center. In addition, the project will fund a complete assessment for any recommended repairs, replacement, and waterproofing of sections of tiles, pavers and concrete at the Center's front exterior doors and second floor exterior walkways.

Interior Upgrades to Flooring
The project funded the refresh of the Convention Center's front lobby terrazzo floor. The existing floor was in major need of repairs to cracks, resurfacing, polishing and protectant seal for a 25,000 square feet area. The improvements consisted of removing adhesive stains, floor striping and finishing with a new polished floor. In addition, interior upgrades included the deep cleaning and extraction of interior carpet areas in primary guest facing sections. This project restored the carpet to pristine conditions to refresh the areas. 348
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A condition assessment found that the Convention Center’s cooling tower system has majorly deteriorated with age. The primary function of the cooling tower is to dissipate the heat absorbed by the chilled water system. As the cooling tower is the most critical piece of the Heating, Ventilation and Air Conditioning (HVAC) system, it is a critical capital project to ensure the ability to properly provide sufficient air conditioning to the entire building. This project, funded in FY 2025/26, is underway.

Financing Sources
Convention Center Enterprise Fund
The City will determine the availability of funding to support capital projects based on annual net income generated in the Convention Center Enterprise Fund.

General Fund (Capital Projects Reserve)
In FY 2019/20, the General Fund contributed $3.0 million for capital improvements. Future General Fund contributions may be necessary to address critical needs. 349
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In FY 2019/20, Spectra invested $1.15 million for capital improvements and repairs as part of the Management Agreement. For FY 2024/25, OVG360 will invest an additional $0.5 million for capital investments, in accordance to the City’s extension agreement.

Levy Capital Contribution
In FY 2020/21 and FY 2021/22, Levy invested $0.3 million and $1.76 million, respectively, for capital improvements and repairs as part of the Food and Beverage Services Agreement. Levy’s investment will focus on updates to the kitchens and public spaces.

Operating Budget Impacts
The project within the Convention Center category is not expected to have additional operating and maintenance costs.

Unfunded Needs
As highlighted in the chart below, $10.4 million is needed to support the Convention Center program, all of which remains unfunded. Unfunded projects include various upgrades to the Convention Center building equipment as well as exterior modifications (e.g., boiler replacement; outdoor marquee; replacement of electrical switch gear; repairs to concrete and the second floor terrace; upgrades to the HVAC software; and replacement of loading dock levers). The City will determine the availability of future funds and allocations based on annual net income generated in the Convention Center Enterprise Fund.

Unfunded,
$10.4 M,
100.0%
Convention Center
Total Funding Needs = $10.4 M
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PROJECTS BUDGETED COST SUMMARY
Convention Center Project 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-Year CIP Total
8101 - Santa Clara Convention
Center Condition Assessment
Repair
$4,099,630 - - - - - - Total Convention Center
Projects $4,099,630 - - - - - -

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UNFUNDED PROJECTS CONVENTION CENTER
8101 - Santa Clara Convention Center Condition Assessment Repair FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total $4,282,575 $2,100,278 $1,960,561 $1,720,061 $332,935 $10,396,410 The unfunded portion of this project reflects various upgrades to the Convention Center building equipment as well as exterior modifications. Of the building equipment upgrades, the major items include the replacement of boilers, tile pavers at the front entrance and second floors, HVAC duct work and water pumps and plumbing upgrades, and various maintenance equipment (e.g., carpet extractor, new floor burnisher and scrubber). Additionally, the unfunded portion includes the replacement costs of the Convention Center's Exhibit Hall furniture, lighting control system, upgrades to the Center’s fire protection system and upgrades to the 2-way radios. The exterior modifications that are unfunded include the outdoor marquee and the building's exterior paint on the docks and back area. 352
Electric Utility
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INTRODUCTION

The projects within the Electric Utility theme all serve to maintain and upgrade electric generation, transmission and distribution facilities, equipment, and technology to meet the mission of the Electric Department, doing business as Silicon Valley Power (SVP), to be a progressive, service-oriented utility, which offers reliable and competitively priced services for the benefit of the City and its customers.

Electric Utility Infrastructure
FY 2025/26
Miles of Distribution Lines 579
Miles of Transmission Lines 62
Number of Meters 60,811
Number of Streetlights 8,442
Number of Substations 33
Number of Customer Accounts 62,431
Funding Our Top Priorities
The projects included in the five-year CIP are estimated to cost $739.4 million and were determined in accordance with both the City Council’s strategic pillars and the budget priorities. Each year, SVP performs a system impact study that identifies and confirms capital improvement projects needed to support anticipated system growth and to replace end-of-life equipment to ensure system reliability. The following chart depicts the total funding in the Electric Utility program by strategic pillar. While all of SVP’s capital projects are classified as infrastructure projects, SVP’s activities also promote sustainability and environmental protection. In addition to the City Council’s strategic pillars, the projects are planned with a focus on SVP’s goals including “to be a strategically driven organization with a focus on our performance as an energy services supplier” (SVP Strategic Plan 2018) and SVP’s ongoing focus on “providing customers with affordable and reliable service while meeting state and local goals for greenhouse gas reduction” (SVP Integrated Resource Plan 2023).

Deliver and
Enhance High
Quality Efficient
Services and
Infrastructure,
$739.4M
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Priority Description
A critical need mandated,
emergency, or under
construction
B maintenance system reliability
and/or ongoing operations
C future system needs or future
regulatory requirements
D not critical, but achieve
efficiencies and/or sustainability
Project Categories
Enhancement Projects
Enhancement Projects consist of rebuilding, remodeling, renovating, and adding additional capacity or reliability capabilities. SVP plans to increase system capacity and reliability to the transmission and distribution system by completing several projects including: rebuilding and replacing two receiving stations (Kifer Receiving Station and Scott Receiving Station), expanding the Northern Receiving Station (NRS), adding feeders at Fairview Substation; constructing several 12kV undercrossings; upgrading the equipment at NRS to accommodate a third 230kV transmission line coming into the facility; rebuilding Agnew Substation and expanding Palm Substation to support additional load growth; upgrading/reconfiguring the Northwest and South loops; and reconductoring the Walsh to Uranium, Duane to Scott, and Northwest to Zeno substation lines. Projects in this category are funded using customer service charges, load development fees, developer contributions, proposed debt financing, and public benefits charges.

Major Maintenance Projects
Major Maintenance Projects include the upkeep of property or equipment. This work is performed on a scheduled basis and includes major engine overhauls at two power plants (Donald Von Raesfield [DVR] and Gianera), generation betterments, substation betterments, and miscellaneous street lighting projects. Distinct maintenance projects include the procurement of an additional spare engine at DVR and the development of a more resilient spare equipment program for high voltage transformers. At the Utilities Corporation Yard, SVP is repaving large sections of the grounds and continuing to pursue various facility improvement opportunities. Projects in this category are funded using customer service charges.

New Construction Projects
New construction projects include site preparation and construction for entirely new structures and/or significant extensions to existing structures. New business and fiber work is requested by current and prospective customers for expansions and various infrastructure repairs and modifications. SVP plans to reconstruct Homestead Substation which has been in service for over 45 years, construct a new distribution substation (Esperanca) to support additional load growth, build a new 115kV transmission line and a new 60kV transmission loop (Loop 1) between NRS and KRS, and construct six new customer dedicated substations - Laurelwood, San Tomas $5.9
$639.3
$79.3
$14.9
$0.0
$100.0
$200.0
$300.0
$400.0
$500.0
$600.0
$700.0
Priority A Priority B Priority C Priority D Millions
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Other Projects
This category includes unique projects that do not necessarily fit within the other categories, primarily consisting of new initiatives in the electric utility environment. These projects include carbon reduction through battery implementation and a utility scale battery energy storage system. SVP is partnering with several City departments to provide resiliency to their systems with battery backup generation during emergencies and opportunities to decrease operational and energy costs associated with diesel generator run-times. These projects are primarily funded using restricted revenues such as low carbon fuel revenue and public benefit funds. Overall, these innovative battery projects will be a showcase in supporting City operations and the business needs of the community.

Technology projects are also included in this category. The Operations and Planning Technology project includes installation of several new software applications. The remaining technology projects will support the cybersecurity master plan as well as additional workflow processing, monitoring, and network infrastructure. Due to aging equipment and several recent reliability issues in the communications system, SVP has scheduled an assessment to evaluate the replacement of the Substation Control and Communication System. These projects are funded using customer service charges.

In addition, this category includes system impact studies as part of the System Capacity Planning and Analysis project. These system impact studies will determine the feasibility of new projects connecting to the Bulk Electric System (BES). These projects are funded using developer contributions.

The following is a breakdown of projects by category:
$377.6
$103.7
$216.9
$41.2
$0.0
$50.0
$100.0
$150.0
$200.0
$250.0
$300.0
$350.0
$400.0
Enhancement Maintenance New Construction Other Millions 357
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Major projects in the Electric Utility theme are detailed below.

Great America Street Light Replacement Project
The Great America Street Light Replacement project
replaces deteriorated steel square street light poles and high-pressure sodium luminaires along Tasman Drive and
Great America Parkway with new aluminum round tapered
poles and energy-efficient LED luminaires. The scope
includes installation of new reinforced concrete
foundations and re-wiring of existing street-lighting circuits to balance electrical loading across power sources.

Approximately 110 street lights on Tasman Drive and 170 street lights on Great America Parkway will be upgraded.

The new LED fixtures will be installed at optimized
mounting heights to improve roadway and pedestrian
illumination while supporting the City’s modernization, energy-efficiency, and sustainability objectives.

Northwest Loop Capacity Upgrade
An existing 60kV overhead transmission line is being upgraded with higher capacity conductor to accommodate load growth along the Northwest Loop. The project includes two sections: one along San Tomas Aquino Creek from the Northern Receiving Station to the Mission Substation underground line at Great America and another along Space Park Drive and Scott Boulevard from Scott Receiving Station to Central Substation. The project will replace (reconduct) approximately 2.62 miles of an overhead 60kV line and add approximately 137 MVA of capacity to the Northwest Loop.

Spare Equipment Strategy and Procurement
This multi-year program improves reliability by creating a ready-to-use fleet of spare substation transformers. The project includes rebuilding four existing 60/12 kV transformers and purchasing one new transformer to serve as a dedicated spare for Duane Substation. Work involves refurbishing key components, testing, transporting, and preparing all units for quick installation when needed. By having these spares available, the program helps reduce outage times and risks associated with equipment failures, while also addressing aging infrastructure and long replacement lead times. Overall, it supports safer, more reliable service and strengthens system resiliency.

CAISO 3rd 230kV Transmission Line into NRS
To support the California Independent System Operator’s (CAISO) proposed new 230kV transmission line into Northern Receiving Station (NRS) by 2030, this project expands SVP’s 230kV and 115kV facilities at NRS and SVP Switching Station (SSS). Work at NRS includes adding two new 230kV bays, installing a new 230/115kV 560 MVA transformer, relocating an existing 115kV line, upgrading 115kV breakers from 63kA to 80kA, and expanding protection and control systems. At SSS, the project includes adding or upgrading phase shifting transformers and improving the existing 230kV line between NRS and SSS to meet a 1,000 MW capacity requirement. These upgrades address forecasted system overloads, improve reliability, and support increasing power demand.
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SVP plans to procure an additional GE LM6000 gas turbine to improve reliability at the Donald Von Raesfeld Power Plant (DVR) and reduce the risk of service disruptions. DVR operates with two installed turbine bays and three total engines, with one spare rotated into service when an operating unit is removed for scheduled maintenance. Longer repair times and industry-wide delays in obtaining turbine parts have increased risk when only one spare is available. Procuring an additional engine will reduce operational risk, improve flexibility to manage maintenance and forced outages, and strengthen overall system reliability during peak demand periods.

Scott Receiving Station (SRS) Rebuild and Replacement
The Scott Receiving Station (SRS) was first constructed in 1975 and last upgraded in 2002. SVP’s Near-Term Growth plan includes a recommendation to reconstruct SRS to serve additional load and maintain system reliability. This project includes replacing Scott Receiving Station with an Air Insulated Switchgear (AIS) substation within the existing station site and will include the installation of two energized 336 MVA 115/60kV power transformers, with
accommodations for one future spare 336MVA 115/60kV power transformer. Transmission lines will be relocated for the existing 115kV and 60kV lines (South, Center, East, and Northwest Loop) to the new AIS substation. The SRS site will be designed for up to three (3) power transformers and include a breaker and half bus arrangement.

Kifer Receiving Station (KRS) Rebuild and Replacement
The Kifer Receiving Station (KRS) was first constructed by PG&E in 1955 and purchased by the Electric Department in 1972. It has reached the end of its useful life. SVP’s Near-Term Growth plan includes a recommendation to reconstruct KRS to serve additional load and maintain system reliability. This project includes replacing KRS with an Air Insulated Switchgear (AIS) substation within the existing site and will include the installation of two energized 336 MVA 115/60kV power transformers with accommodations for one future spare 336MVA 115/60kV power transformer. Transmission lines will be relocated for the existing 115kV and 60kV lines (South, Center, Northeast, and East Loop) to the new AIS substation. The KRS site will be designed for up to three (3) power transformers and will include a breaker and half bus arrangement.

NRS Upgrades and Expansion
The Northern Receiving Station was constructed in 2002. SVP’s Near-Term Growth plan includes a recommendation to reconstruct NRS to serve additional load and maintain system reliability. This expansion will use available space within the existing station site to increase station reliability and capacity by installing additional 359
City of
Santa Clara
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | E L E CT R I C UT I L IT Y transformers and reconfiguring/expanding the 60kV, 115kV, and 230kV buses and associated Air Insulted Switchgear
(AIS). The current capacity of the existing station will be significantly upgraded with the installation of 115kV, and 230kV bus and AIS improvements to Double-Bus DoubleBreaker (DBDB) configurations. The expansion will include up to three 336MVA 115kV/60kV power transformers and two
560MVA 230kV/115kV power transformers. Other work
includes affected protection and control relay panels within the existing control enclosures and improvements or
infrastructures necessary to facilitate the connection of future 60kV, 115kV, and 230kV transmission lines.

Major Accomplishments
Storm Water Compliance
The utility initiated a storm water compliance project at the utilities corporation yard to construct a dedicated storage and containment area for wood‑treated utility poles. The project included installation of elevated storage racks, bollards, a beamed and covered containment structure, and a treatment system designed to capture and treat storm water prior to discharge into the storm drain network. Construction
commenced in June 2023 and was completed in July 2024, with work including foundation installation, concrete slab pours, drainage improvements, and asphalt restoration. This project brings the facility into compliance with storm water regulations and best management practices and ensures long‑term
protection of the storm drain system.

Memorex Junction Substation
Memorex Junction Substation was completed and
energized in October 2024. This new substation provides 40 MVA of permanent electric service to a single customer and consists of providing 60kV service directly to the
customer’s step-down power transformers and metering
equipment. SVP owns and operates incoming and outgoing
transmission line connections, the substation 60kV
switchyard, and an outdoor control enclosure which was
designed, tested, and commissioned in accordance with the City’s standards.
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | E L E CT R I C UT I L IT Y Electric Yard Buildings and Grounds
The utility undertook a general improvement project at the utilities corporation yard to modernize facilities originally built in the late 1960s. The general facility upgrades were completed in August 2024 and include a new ADA-compliant women’s restroom with associated fire alarm modifications and a new HVAC system to improve climate control for the computer and server room. These improvements ensure compliance with accessibility and safety standards, replace end of life equipment, and enhance
operational reliability at the corporation yard.

Replace Balance of Plant Control System
Upgrades to the Distributed Control System (DCS) at the Donald Von Raesfeld (DVR) power plant and the replacement of the DCS and Automatic Voltage Regulators (AVR) at the Gianera power plant were completed in March 2025. A DCS is a
computerized control system that contains autonomous
controllers and remote instrumentation to centralize plant operations. Three replacements were performed at DVR
including gas compressors, chillers, and water treatment control systems. These replacements were integrated with the main control system. At the Gianera power plant, AVR upgrades were completed to address obsolete and failing AVR technology. AVR technology stabilizes voltage levels within each generator at variable loads. In addition, the DCS at Gianera was replaced and upgraded with updated hardware and logic to improve
protections for both gas turbines. The new AVR and DCS at Gianera ties into the control room at DVR through a new redundant fiber ring network.

Financing Sources
Customer Service Charges
Customer Service Charges account for retail revenues from the sale of electricity. Customer Service Charges are used for most activities including the procurement of power, operations and maintenance, current debt service payments, replenishment of reserves, and capital improvement projects. This financing source funds nearly 80% of the CIP projects.

Developer Contributions
Developer Contributions are collected from fees identified in accordance with the municipal fee schedule and contract agreements to cover design and construction-related fees. These agreements are development driven.

The developer requests a level of electric service and pays for necessary upgrades including design, engineering, and construction. SVP typically owns and operates the infrastructure upon completion. Overall, developer contributions are primarily used to add, upgrade, and/or modify infrastructure required due to development 361
City of
Santa Clara
FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | E L E CT R I C UT I L IT Y projects that are expected to increase load across the electrical system. This revenue is restricted to the specific project or uses for which it was collected.

Load Development Fees
Load Development Fees are collected in accordance with the municipal fee schedule. These fees are designed to recover the cost associated with customers connecting to SVP’s distribution and transmission system and the cost impact those customers energy demands have on SVP’s future expansion costs based on the customer’s estimated peak demand.

Bond Proceeds (Debt Financing)
Debt financing is used to fund the replacement and upgrade of larger infrastructure projects to preserve customer service charges funding for operations and maintain reserves. Currently three (3) transmission receiving station projects, KRS, SRS, and NRS, are planned to be funded through debt financing. A third transmission line into NRS is also planned to be funded through debt financing, and the final proposed debt financing may also include additional projects.

Fiber Revenue
Fiber revenue is collected from the lease of fiber contracts for the Fiber Connect business service, part of the Fiber program. Through the Fiber program, SVP leases approximately 943 dark fiber miles to 17 Fiber Connect customers such as fiber carriers, data centers, private businesses, and other public agencies. This revenue is used to expand the current infrastructure as well as to fund capital improvements and operations and maintenance.

Interdepartmental Revenue
Interdepartmental revenue includes contributions from other City funds. These contributions are typically requested to fund another department’s share of an SVP project when the project is required by another City department.

Public Benefits Charges
Public Benefits Charges are collected with retail revenue (Customer Service Charges). It is equal to 2.85% of an electrical bill prior to adding the State of California surcharge. This revenue is restricted to meet authorized priorities in energy efficiency, low-income programs, renewables generation, and related research and development.

Low Carbon Fuel Standard Revenue
Low carbon fuel standard revenue is generated based on credits received from California Air Resources Board (CARB). This revenue is used to develop, educate, and foster the adoption of electrification in transportation.

Operating Budget Impacts
Most capital projects affect future operating budgets due to maintenance costs or by providing additional resources such as labor to commission new programs. Such impacts vary from project to project and are taken into consideration during the project review process. The cost of operating new or expanded facilities or infrastructure is included in the operating budget in the fiscal year the asset becomes operational. These costs are forecasted based on maintenance schedules by the manufacturer or through contracts for software hosting and licensing needs. All ongoing costs identified have been budgeted in the operating budget. 362
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There are no unfunded projects identified in the CIP. SVP’s capital needs are funded primarily with Customer Service Charges revenue from the sale of electricity and developer contributions to fund development-related projects. Projects are funded with current year revenue and proposed debt financed when required. Future projects will have a financing plan as they are requested. 363

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PROJECTS BUDGETED COST SUMMARY
Electric Utility Project 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-Year CIP Total
2004 - Fiber Development,
Design, and Expansion $4,221,715 $2,140,000 $2,125,000 $2,106,000 $1,670,000 $1,680,000 $9,721,000 2005 - New Business Estimate
Work $14,847,115 $7,827,000 $8,224,000 $8,635,000 $9,062,000 $9,505,000 $43,253,000 2006 - Transmission and
Distribution Capital Maintenance
and Betterments
$32,720,074 $6,439,000 $6,516,000 $10,218,000 $6,104,000 $6,409,000 $35,686,000 2008 - Substation Capital
Maintenance and Betterments $1,604,000 $873,000 $873,000 $873,000 $680,000 $680,000 $3,979,000 2010 - Electric Yard Buildings
and Grounds $1,375,599 $315,000 $316,000 $317,000 $318,000 $319,000 $1,585,000 2111 - Implementation of
Advanced Metering
Infrastructure (AMI)
$59,167 $854,000 $149,000 $100,000 $100,000 $100,000 $1,303,000 2119 - Generation Capital
Maintenance and Betterments $1,904,267 $1,375,000 $1,600,000 $1,648,000 $1,698,000 $1,748,000 $8,069,000 2124 - Transmission System
Reinforcements $421,406 - - - - - - 2127 - Major Engine Overhaul and Repair $10,088,451 $2,548,000 $10,396,000 $6,465,000 $6,818,000 $7,810,000 $34,037,000 2395 - Operations and Planning
Technology $12,056,976 $9,670,000 $3,250,000 - - $2,000,000 $14,920,000 2398 - Clean Energy and Carbon
Reduction $5,193,577 - - - - - - 2410 - System Expansion Planning and Analysis $8,695,819 $4,105,000 $3,035,000 $5,105,000 $3,095,000 $3,125,000 $18,465,000 2418 - Esperanca Substation $27,816,210 $6,135,000 $10,845,000 - - - $16,980,000 2423 - Utility Billing CIS
Replacement $3,500,000 - - - - - - 2424 - Substation Physical Security Improvements $20,709,609 $10,100,000 - - - - $10,100,000 2429 - Storm Water Compliance $220,382 - - - - - - 2431 - Homestead Substation Rebuild $6,852,472 $20,000,000 $20,000,000 - - - $40,000,000 2432 - Yard Pavement Project $1,301,224 $2,400,000 - - - - $2,400,000 364
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PROJECTS BUDGETED COST SUMMARY
Electric Utility Project 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-Year CIP Total
2434 - Replace Balance of Plant
Control System (DCS) $1,187,286 - - - - - - 2435 - DOT Gas Pipeline Upgrades and Repairs $1,189,866 - - - - - - 2437 - Valve Replacement and Repair $1,048,828 - - - - - - 2441 - Electric Vehicle (EV) Charging $2,761,336 - - - - - - 2442 - San Tomas Junction $1,660,538 - - - - - - 2443 - Laurelwood Substation $3,695,930 - - - - - - 2444 - Northwest Loop Capacity Upgrade $10,278,547 - - - - - - 2446 - Renewable Energy Microgrid $3,136,736 - - - - - - 2447 - Substation Control and Communication System
Replacement
$5,532,732 $4,750,000 $2,000,000 - - - $6,750,000
2448 - Stender Way Junction
Substation $4,102,100 - - - - - - 2449 - Memorex Junction Substation $3,909,123 - - - - - - 2450 - Martin Avenue Junction Substation $7,244,682 - - - - - - 2451 - Freedom Circle Junction Substation $1,987,571 - - - - - - 2452 - 60KV Breaker Upgrades $2,876,754 $100,000 - - - - $100,000 2453 - KRS Rebuild and
Replacement $121,137,192 - - - - - - 2454 - NRS Upgrades and Expansion $155,374,317 - - - - - - 2455 - NRS-KRS 115kV Line $47,431,378 - - - - - - 2456 - SRS Rebuild and Replacement $115,478,066 - - - - - -
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FUNDED PROJECTS BUDGETED COST SUMMARY
Electric Utility Project 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-Year CIP Total
2457 - Bowers Avenue Junction $2,882,005 - - - - - - 2458 - Walsh-Uranium 60kV Reconductor $10,191,289 - - - - - - 2459 - Transmission Loop 1 $10,682,392 $2,000,000 $14,099,000 $88,845,000 $995,000 $995,000 $106,934,000 2460 - Grizzly Tap Line Repairs $1,438,489 - - - - - - 2461 - Battery Energy Storage System $4,225,282 - - - - - - 2462 - Juliette Substation Expansion and Transformer
Rerate
$37,902,987 - - - - - - 2463 - Transmission Loop 2 $2,000,000 - - - - - - 2464 - Democracy Substation $133,154 - - - - - - 2465 - Duane-Scott 115kV Reconductor $2,420,000 $130,000 $3,459,000 $4,567,000 $969,000 - $9,125,000 2466 - South Loop Reconductor $4,010,000 - $5,032,000 $21,725,000 $3,488,000 - $30,245,000 2467 - Northwestern – Zeno 60kV
Reconductor $999,776 - - - $13,435,000 $13,614,000 $27,049,000 2468 - Palm Substation
Expansion $6,231,014 $8,435,000 $5,430,000 - - - $13,865,000 2469 - Agnew Rebuild and
Expansion $5,995,623 - - - $29,700,000 $8,650,000 $38,350,000 2470 - Freedom Circle Fuel Cell
Installation $1,378,392 - - - - - - 2471 - Central Substation Rebuild and Expansion $4,000,000 - - - - - - 2472 - Northwest Loop Capacity Upgrade Phase II $4,000,000 $3,230,000 $359,000 $10,402,000 - - $13,991,000 2871 - Miscellaneous Street
Lighting $320,720 $227,000 $228,000 $229,000 $230,000 $231,000 $1,145,000 2874 - LED Street Lighting
Retrofit $1,635,460 $7,420,000 - - - - $7,420,000
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FUNDED PROJECTS BUDGETED COST SUMMARY
Electric Utility Project 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-Year CIP Total
2875 - Great America Street
Light Replacement Project $11,042,229 - - - - - - FY27:NEW-ENG1 - Revenue Metering Improvement - $3,010,000 $2,260,000 - - - $5,270,000 FY27:NEW-GEN2 - Hydro
Penstock Repairs - $1,075,000 - - - - $1,075,000
FY27:NEW-GEN4 - DVR Spare
Engine Procurement Project - $20,000,000 $10,000,000 - - - $30,000,000 FY27:NEW-OPS1 - SCADA
Upgrade - $2,500,000 - - - - $2,500,000
FY27:NEW-PLN1 - CAISO 3rd
230kV T-Line Into NRS - $60,130,000 $24,260,000 $21,730,000 $3,240,000 - $109,360,000 FY27:NEW-PLN2 - System Wide
Distribution Capacitor
Replacement - $1,078,000 $772,000 $773,000 $40,000 - $2,663,000 FY27:NEW-PLN3 - Central
Expressway Underbuild Double
Circuited 60kV & 12kV
- $6,555,000 $9,669,000 $6,933,000 - - $23,157,000
FY27:NEW-PLN4 - NRS to
Agnew 60 kV Line
Reconductoring
- $1,735,000 $1,422,000 $6,444,000 $1,065,000 - $10,666,000 FY27:NEW-PLN5 - Flexible Load
Interconnection Program - $7,099,000 $3,611,000 - - - $10,710,000 FY27:NEW-PLN6 - Uranium
Feeder Reliability Improvement - $475,000 $606,000 $288,000 - - $1,369,000 FY27:NEW-PLN7 - Spare
Equipment Strategy &
Procurement - $20,198,000 $19,321,000 $4,478,000 - - $43,997,000 FY27:NEW-PLN8 - Dynamic
Facility Ratings Project - $345,000 $696,000 $1,098,000 - - $2,139,000 FY27:NEW-PLN9 - Duane
Substation Bulk Electric System
Compliance Requirement - $153,000 $862,000 - - - $1,015,000 Total Electric Utility Projects $755,109,857 $225,426,000 $171,415,000 $202,979,000 $82,707,000 $56,866,000 $739,393,000

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2004 - FIBER DEVELOPMENT, DESIGN, AND EXPANSION
Project Number: 2004 Theme / Category: Electric Utility Year Initiated: 2016 Project Manager: Ted Salazar
Planned Completion Year: Ongoing Department: Electric Utility Project Type: Ongoing Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project includes support and maintenance of 100 conduit miles of underground and aerial fiber infrastructure including handholes, manholes, conduits, fiber optic cable, colocation connections, relay racks, and termination panels. City fiber infrastructure includes over 300 splice enclosures, 300 on-net service locations, and 480 fiber cables used by Silicon Valley Power (SVP), five other city departments, and SVP Fiber, which is SVP's enterprise dark fiber leasing program. SVP Fiber leases approximately 1004 dark fiber miles to 16 customers such as fiber carriers, data centers, private businesses, and other public agencies. SVP Fiber provides make-ready work, splicing, and testing services. With the ongoing development of social media, storage centers, public colocations, and cloud services, Santa Clara continues to be an active hub for fiber carriers, data centers, and commercial business fiber communication.

Funding Sources Developer Contributions, Fiber Revenue, Transfers in from Storm Drain Capital Fund, Sewer Utility Capital Fund, Water Utility Operating Fund, Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $11,323,092 $4,221,715 $2,140,000 $2,125,000 $2,106,000 $1,670,000 $1,680,000 $25,265,807 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $5,329,437 $3,239,715 $1,310,000 $1,275,000 $1,256,000 $800,000 $800,000 $14,010,152 Engineering $69,614 - - - - - - $69,614
Equipment $1,435,475 $82,000 $200,000 $210,000 $210,000 $220,000 $220,000 $2,577,475 Personnel $3,988,566 $900,000 $630,000 $640,000 $640,000 $650,000 $660,000 $8,108,566 Transfers Out $500,000 - - - - - - $500,000
Total Expenditures $11,323,092 $4,221,715 $2,140,000 $2,125,000 $2,106,000 $1,670,000 $1,680,000 $25,265,807 Operating Impacts - - - - - -
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2005 - NEW BUSINESS ESTIMATE WORK
Project Number: 2005 Theme / Category: Electric Utility Year Initiated: 2016 Project Manager: Sachin Bajracharya Planned Completion Year: Ongoing Department: Electric Utility Project Type: Ongoing Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project includes design, procurement of materials and construction of new electric distribution facilities to serve new customers, new development, and existing customers' requests for electric service, relocation and increased electric load. The scope of this project involves coordinating with customers and developers to design substructures, SVP equipment installation drawings, equipment purchases, and labor by SVP transmission & distribution crews to install equipment.

Funding Sources Developer Contributions, Load Development Fees, Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $64,489,078 $14,847,115 $7,827,000 $8,224,000 $8,635,000 $9,062,000 $9,505,000 $122,589,193 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $34,596,653 $10,957,115 $4,310,000 $4,526,000 $4,752,000 $4,990,000 $5,240,000 $69,371,768 Engineering $1,717,549 - - - - - - $1,717,549
Equipment $225,876 - - - - - - $225,876
Personnel $27,928,774 $3,890,000 $3,517,000 $3,698,000 $3,883,000 $4,072,000 $4,265,000 $51,253,774 Transfers Out $20,226 - - - - - - $20,226
Total Expenditures $64,489,078 $14,847,115 $7,827,000 $8,224,000 $8,635,000 $9,062,000 $9,505,000 $122,589,193 Operating Impacts - - - - - -
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FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

2006 - TRANSMISSION AND DISTRIBUTION CAPITAL MAINTENANCE

AND BETTERMENTS

Project Number: 2006 Theme / Category: Electric Utility Year Initiated: 2015 Project Manager: Sachin Bajracharya Planned Completion Year: Ongoing Department: Electric Utility Project Type: Ongoing Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project aims to enhance electrical distribution capacity and reliability through targeted transmission and distribution upgrades. Key activities include ongoing inspections and replacement of aging transmission and distribution poles, upgrading distribution feeders with new cables and backend switches, and replacing end-of-life overhead switches. Additional improvements include replacing and installing capacitor banks to provide needed Volt-Ampere Reactive (VAR) support and improve voltage performance, efficiency, and overall system reliability.

The project will also construct new underground infrastructure connecting the Fairview Substation to the south side of Central Expressway and construct new underground electric pathways and street crossings, such as trenching, boring, manholes, and conduit upgrades, to strengthen system capacity and meet growing power demands in several key areas. The project also supports two customer interconnection initiatives for energy storage or solar systems.

Funding Sources Developer Contributions, Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $22,127,218 $32,720,074 $6,439,000 $6,516,000 $10,218,000 $6,104,000 $6,409,000 $90,533,292 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $14,687,468 $31,267,497 $5,779,000 $5,724,000 $9,493,000 $5,374,000 $5,643,000 $77,967,965 Contingencies/Misc $52,485 $256,000 - - - - - $308,485
Engineering $860,536 $149,468 - - - - - $1,010,004
Equipment $894,073 $244,109 - - - - - $1,138,182
Personnel $4,168,985 $803,000 $660,000 $792,000 $725,000 $730,000 $766,000 $8,644,985 Transfers Out $1,463,671 - - - - - - $1,463,671
Total Expenditures $22,127,218 $32,720,074 $6,439,000 $6,516,000 $10,218,000 $6,104,000 $6,409,000 $90,533,292 Operating Impacts - - - - - -
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2008 - SUBSTATION CAPITAL MAINTENANCE AND BETTERMENTS
Project Number: 2008 Theme / Category: Electric Utility Year Initiated: 2015 Project Manager: Billy Quach
Planned Completion Year: Ongoing Department: Electric Utility Project Type: Ongoing Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description The purpose of this project is to maintain system reliability and extend the life span of substation equipment. The planned work includes installing new equipment that monitors transformer health by detecting early signs of internal problems, upgrading dynamic rating transformer controllers to a newer model for improved condition monitoring, and adding monitoring devices to 12 kV switchgear. Equipment will be used to monitor for partial discharge events occurring in the bus enclosures as well as circuit breaker health and performance. Additionally, transmission circuit breaker monitors and protective relays will be upgraded by replacing obsolete electromechanical relays with microprocessor relays.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $2,304,081 $1,604,000 $873,000 $873,000 $873,000 $680,000 $680,000 $7,887,081 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $1,943,999 $1,034,000 - - - - - $2,977,999 Engineering $122,322 - - - - - - $122,322
Equipment $187,259 $570,000 $873,000 $873,000 $873,000 $680,000 $680,000 $4,736,259 Personnel $50,501 - - - - - - $50,501
Total Expenditures $2,304,081 $1,604,000 $873,000 $873,000 $873,000 $680,000 $680,000 $7,887,081 Operating Impacts - - - - - -
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2010 - ELECTRIC YARD BUILDINGS AND GROUNDS
Project Number: 2010 Theme / Category: Electric Utility Year Initiated: 2015 Project Manager: Ryan Do
Planned Completion Year: Ongoing Department: Electric Utility Project Type: Ongoing Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 1705 Martin Ave
Project Description This project will fund general improvements at the Utilities Corporation Yard. Buildings at this site were constructed in the late 1960's. Planned improvements include miscellaneous betterments and gate improvements that will help ensure the facility meets safety and security standards. The replacement gates are expected to be more robust to minimize downtime due to operation failures.

Funding Sources Transfers in from Electric Utility Operating Fund, and Water & Sewer Utilities Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $1,791,447 $1,375,599 $315,000 $316,000 $317,000 $318,000 $319,000 $4,752,046 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $1,101,851 $1,375,599 $300,000 $300,000 $300,000 $300,000 $300,000 $3,977,450 Contingencies/Misc $42,101 - - - - - - $42,101
Engineering $268,673 - - - - - - $268,673
Equipment $24,491 - - - - - - $24,491
Personnel $288,071 - $15,000 $16,000 $17,000 $18,000 $19,000 $373,071 Transfers Out $66,260 - - - - - - $66,260
Total Expenditures $1,791,447 $1,375,599 $315,000 $316,000 $317,000 $318,000 $319,000 $4,752,046 Operating Impacts - - - - - -
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2111 - IMPLEMENTATION OF ADVANCED METERING

INFRASTRUCTURE (AMI)

Project Number: 2111 Theme / Category: Electric Utility Year Initiated: 2020 Project Manager: Tim Lynch
Planned Completion Year: 2031 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project implements hardware, software, and infrastructure to obtain electric metering data from Service Delivery Points (SDP's), read over the air, and processed by head-end systems (hardware and software that receives meter data) for usage billing. Required infrastructure includes meters, gatekeepers, fiber backhaul, Citywide Wi-Fi, servers, switches, firewalls, and other required materials. The project also includes purchase of equipment to improve reliability for meter data and billing support.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $19,318,754 $59,167 $854,000 $149,000 $100,000 $100,000 $100,000 $20,680,921 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $8,955,164 $59,167 - - - - - $9,014,331
Contingencies/Misc $2,397 - - - - - - $2,397
Engineering $748,321 - - - - - - $748,321
Equipment $9,590,253 - $854,000 $149,000 $100,000 $100,000 $100,000 $10,893,253 Personnel $22,619 - - - - - - $22,619
Total Expenditures $19,318,754 $59,167 $854,000 $149,000 $100,000 $100,000 $100,000 $20,680,921 Operating Impacts - - - - - -
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2119 - GENERATION CAPITAL MAINTENANCE AND BETTERMENTS
Project Number: 2119 Theme / Category: Electric Utility Year Initiated: 2009 Project Manager: Alex Price
Planned Completion Year: Ongoing Department: Electric Utility Project Type: Ongoing Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Santa Clara Owned Generation Facilities
Project Description This project includes design and construction modifications and improvements to electric generation facilities owned by the City. Santa Clara owns and operates two generation facilities located within city limits including Donald Von Raesfeld Power Plant (DVR) and Gianera Generating Station (Gianera). Santa Clara also owns and manages several remote properties used for generation. Activities included in this project consist of upgrades, major maintenance, and facility work.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $16,472,249 $1,904,267 $1,375,000 $1,600,000 $1,648,000 $1,698,000 $1,748,000 $26,445,516 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $14,711,661 $1,904,267 $1,375,000 $1,600,000 $1,648,000 $1,698,000 $1,748,000 $24,684,928 Engineering $231,194 - - - - - - $231,194
Equipment $515,835 - - - - - - $515,835
Personnel $13,559 - - - - - - $13,559
Transfers Out $1,000,000 - - - - - - $1,000,000
Total Expenditures $16,472,249 $1,904,267 $1,375,000 $1,600,000 $1,648,000 $1,698,000 $1,748,000 $26,445,516 Operating Impacts - - - - - -
374
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2127 - MAJOR ENGINE OVERHAUL AND REPAIR
Project Number: 2127 Theme / Category: Electric Utility Year Initiated: 2008 Project Manager: Alex Price
Planned Completion Year: Ongoing Department: Electric Utility Project Type: Ongoing Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Santa Clara Owned Generating Facilities
Project Description Santa Clara owns and operates two combustion turbine generating facilities within the city, including Donald Von Raesfeld Power Plant (DVR) and Gianera Generating Station (Gianera), as well as remote generating facilities. SVP uses a time and condition-based maintenance philosophy to ensure these assets are dependable and available when called upon. Maintenance activities follow Original Equipment Manufacturer (OEM) recommendations and best utility practices. Repairs can include turbine and generator inspections as well as overhauls based on hours of operation, time in service, number of starts per engine; and condition-based assessments.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $63,943,272 $10,088,451 $2,548,000 $10,396,000 $6,465,000 $6,818,000 $7,810,000 $108,068,723 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $56,626,071 $10,088,451 $2,548,000 $10,396,000 $6,465,000 $6,818,000 $7,810,000 $100,751,522 Equipment $6,966,551 - - - - - - $6,966,551
Personnel $350,650 - - - - - - $350,650
Total Expenditures $63,943,272 $10,088,451 $2,548,000 $10,396,000 $6,465,000 $6,818,000 $7,810,000 $108,068,723 Operating Impacts - - - - - -
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2395 - OPERATIONS AND PLANNING TECHNOLOGY
Project Number: 2395 Theme / Category: Electric Utility Year Initiated: 2006 Project Manager: Chris Jackson
Planned Completion Year: Ongoing Department: Electric Utility Project Type: Ongoing Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project includes implementation and upgrades to technology solutions for operations and planning, including Integrated Systems Model/Distributed Engineering Workstation Automated Circuit Build, Power Cable Ampacity Rating Software, Automated Utility Design (AUD), Drawing Management System (DMS), and ArcGIS Pro upgrades. This project also includes several modernization efforts by SVP's System Support Group including network infrastructure upgrades, server upgrades, cybersecurity modernization, replacing the end-of-life voice over internet protocol (VoIP) phone system, and software for productivity improvements.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $2,887,359 $12,056,976 $9,670,000 $3,250,000 - - $2,000,000 $29,864,335 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $27,690 $7,250,000 - - - - - $7,277,690
Contingencies/Misc - $300,000 - - - - - $300,000
Engineering $1,223,184 $820,178 $4,600,000 $1,350,000 - - - $7,993,362 Equipment $33,788 $3,686,798 $5,070,000 $1,900,000 - - $2,000,000 $12,690,586 Personnel $102,697 - - - - - - $102,697
Transfers Out $1,500,000 - - - - - - $1,500,000
Total Expenditures $2,887,359 $12,056,976 $9,670,000 $3,250,000 - - $2,000,000 $29,864,335 Operating Impacts - - - - - -
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2410 - SYSTEM EXPANSION PLANNING AND ANALYSIS
Project Number: 2410 Theme / Category: Electric Utility Year Initiated: 2014 Project Manager: Albert Saenz
Planned Completion Year: Ongoing Department: Electric Utility Project Type: Ongoing Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description The project includes an ongoing impact study of SVP's transmission system. The purpose of this study is to outline future development or improvement plans in order to maintain electric service reliability, with consideration given to replacing end-of-life infrastructure and addressing significant load growth as a result of proposed data center additions, residential growth, and commercial growth. It also includes system interconnection studies to evaluate customer interconnections and the Program Management Firm (PMF) that serves as SVP's main coordinator for its multi-year System Expansion Plan.

Funding Sources Developer Contributions, Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $7,295,617 $8,695,819 $4,105,000 $3,035,000 $5,105,000 $3,095,000 $3,125,000 $34,456,436 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $572,252 $3,348,835 - - - - - $3,921,087
Engineering $5,105,108 $4,776,984 $3,350,000 $2,350,000 $4,390,000 $2,350,000 $2,350,000 $24,672,092 Equipment $377,526 - - - - - - $377,526
Personnel $1,240,731 $570,000 $755,000 $685,000 $715,000 $745,000 $775,000 $5,485,731 Total Expenditures $7,295,617 $8,695,819 $4,105,000 $3,035,000 $5,105,000 $3,095,000 $3,125,000 $34,456,436 Operating Impacts - - - - - -
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2418 - ESPERANCA SUBSTATION
Project Number: 2418 Theme / Category: Electric Utility Year Initiated: 2020 Project Manager: Teodoro Perez Jr.

Planned Completion Year: 2029 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 4952 Bill Walsh Way
Project Description This project includes design and construction of a 12 kV three bank distribution substation with 21 distribution feeders in SVP's existing Northern Receiving Station (NRS). The substation will provide service to support commercial and mixed-use development in the surrounding area. The City will procure a control building, circuit breakers, switchgear and three substation transformers. Upon completion, SVP will own and operate this substation.

Funding Sources Developer Contributions, Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $1,224,195 $27,816,210 $6,135,000 $10,845,000 - - - $46,020,405 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - $22,622,273 - $6,790,000 - - - $29,412,273 Contingencies/Misc - - - $2,765,000 - - - $2,765,000
Engineering $1,117,161 $1,006,562 - $1,150,000 - - - $3,273,723 Equipment $3,427 $4,057,375 $6,000,000 - - - - $10,060,802 Personnel $103,607 $130,000 $135,000 $140,000 - - - $508,607 Total Expenditures $1,224,195 $27,816,210 $6,135,000 $10,845,000 - - - $46,020,405 Operating Impacts - - - - - -
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2424 - SUBSTATION PHYSICAL SECURITY IMPROVEMENTS
Project Number: 2424 Theme / Category: Electric Utility Year Initiated: 2020 Project Manager: Krishn Patel
Planned Completion Year: 2028 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project includes a vulnerability assessment of up to 44 unique sites including City substations, a switching station, a generating station, and a natural gas compressor station. After the assessment, improvements will be selected by SVP and implemented to guard the electric distribution grid against terrorist attacks or other physical threats. Standards, plans, details, and specifications for physical and operational security will be developed for use on future projects.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $576,870 $20,709,609 $10,100,000 - - - - $31,386,479 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - $20,709,609 $10,000,000 - - - - $30,709,609 Engineering $36,748 - - - - - - $36,748
Personnel $40,122 - $100,000 - - - - $140,122
Transfers Out $500,000 - - - - - - $500,000
Total Expenditures $576,870 $20,709,609 $10,100,000 - - - - $31,386,479 Operating Impacts - - - - - -
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2431 - HOMESTEAD SUBSTATION REBUILD
Project Number: 2431 Theme / Category: Electric Utility Year Initiated: 2021 Project Manager: Jeevan Valath
Planned Completion Year: 2030 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 2831 Homestead Rd
Project Description The Homestead Substation Rebuild project includes replacement of 60 kV bus work, breakers, and metal clad switchgear with new 12 kV switchgear, and transformers. The existing equipment is over 45 years old and is at its end of useful life with spare parts that are hard to find and may need to be custom built. Project costs include design, procurement, construction, inspection, and testing associated with the project.

Funding Sources Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $197,528 $6,852,472 $20,000,000 $20,000,000 - - - $47,050,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - $20,000,000 - - - $20,000,000
Engineering $63,618 $3,621,426 - - - - - $3,685,044
Equipment - $3,196,046 $20,000,000 - - - - $23,196,046
Personnel $133,910 $35,000 - - - - - $168,910
Total Expenditures $197,528 $6,852,472 $20,000,000 $20,000,000 - - - $47,050,000 Operating Impacts - - - - - -
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2432 - YARD PAVEMENT PROJECT
Project Number: 2432 Theme / Category: Electric Utility Year Initiated: 2019 Project Manager: Ryan Do
Planned Completion Year: 2027 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 1705 Martin Ave
Project Description This project addresses pavement failures at the Utilities Corporation Yard by providing an updated plan to increase the durability of the existing pavement by removing and replacing distressed areas and repaving the site. The Utilities Corporation Yard is shared by SVP and Water & Sewer Utilities. There is a separate Buildings and Grounds project to fund the Water and Sewer Utilities portion of the project.

Funding Sources Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $88,777 $1,301,224 $2,400,000 - - - - $3,790,001 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $2,358 $801,224 $2,400,000 - - - - $3,203,582 Contingencies/Misc - $500,000 - - - - - $500,000
Personnel $86,419 - - - - - - $86,419
Total Expenditures $88,777 $1,301,224 $2,400,000 - - - - $3,790,001 Operating Impacts - - - - - -
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2447 - SUBSTATION CONTROL AND COMMUNICATION SYSTEM

REPLACEMENT

Project Number: 2447 Theme / Category: Electric Utility Year Initiated: 2021 Project Manager: Sanjeev Gupta
Planned Completion Year: 2028 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 1701 Martin Ave
Project Description This project will provide the assessment, planning and implementation for a new control and communication system replacing the General Electric (GE) JungleMUX (JMUX) Synchronous Optical Networking (SONET) Multiplexer. The JUMX is the communication vehicle used for Electrical Protection systems, Supervisory Control and Data Acquisition (SCADA) system, Advanced Metering Infrastructure (AMI), Remote Terminal Unit (RTU), Power Quality (PQ) system, video surveillance, phone systems, and badge readers. The existing system has been in production for over 20 years and the manufacturer, GE, no longer supports some system hardware, provides replacement parts, or provides training for SVP employees.

Funding Sources Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $356,058 $5,532,732 $4,750,000 $2,000,000 - - - $12,638,790 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - $2,999,656 - - - - - $2,999,656
Engineering $263,769 $2,308,076 $2,000,000 $1,750,000 - - - $6,321,845 Equipment - - $2,500,000 - - - - $2,500,000
Personnel $92,289 $225,000 $250,000 $250,000 - - - $817,289 Total Expenditures $356,058 $5,532,732 $4,750,000 $2,000,000 - - - $12,638,790 Operating Impacts - - - - - -
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~ Cityof ~ Santa Clara

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2452 - 60KV BREAKER UPGRADES
Project Number: 2452 Theme / Category: Electric Utility Year Initiated: 2022 Project Manager: Sadhana Shrestha
Planned Completion Year: 2028 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 1205 Space Park Dr.; 2970 Lafayette St.

Project Description This project will replace four older 2,000-amp 60 kV breakers at the Kifer (KRS) and Scott (SRS) Receiving Stations with newer 3,000-amp breakers, using spares already in SVP’s inventory to allow quick replacement with minimal outside contractor support. The work priority is to first replace one breaker on the Center Loop at KRS, then two breakers on the KRS Transformer A and Transformer B positions, and finally one breaker on the Center Loop at SRS. The disconnect switches for these breakers are also rated at 2,000 amps and may need replacement or rerate study depending on delivery lead times.

Funding Sources Transfer in from Electric Utility Operating Fund, Load Development Fee Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $234,163 $2,876,754 $100,000 - - - - $3,210,917 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $17,873 $2,852,067 - - - - - $2,869,940
Contingencies/Misc - - $100,000 - - - - $100,000
Equipment $43,399 $24,687 - - - - - $68,086
Personnel $172,891 - - - - - - $172,891
Total Expenditures $234,163 $2,876,754 $100,000 - - - - $3,210,917 Operating Impacts - - - - - -
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2459 - TRANSMISSION LOOP 1
Project Number: 2459 Theme / Category: Electric Utility Year Initiated: 2022 Project Manager: Sadhana Shrestha
Planned Completion Year: 2032 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location West Central and North West
Project Description This project involves constructing a new approximately 5.6-mile, 60 kV transmission loop (New Transmission Loop 1) between Northern Receiving Station (NRS) and Kifer Receiving Station (KRS) with a conductor rated for 3,000 amps. The work includes rebuilding several existing poles as double-circuit structures, installing new poles, acquiring new easements, and constructing the new line. Existing loops will also be rebalanced to allow new customers to connect to both the existing loops and New Transmission Loop 1 while improving overall system reliability.

Funding Sources Transfer in from Electric Utility Operating Fund, Load Development Fee Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $147,608 $10,682,392 $2,000,000 $14,099,000 $88,845,000 $995,000 $995,000 $117,764,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - $10,648,876 - - $47,962,000 - - $58,610,876 Contingencies/Misc - - - $4,700,000 $29,615,000 $332,000 $332,000 $34,979,000 Engineering $119,842 $18,516 $2,000,000 - - - - $2,138,358 Equipment - - - - $10,604,000 - - $10,604,000
Land - - - $8,736,000 - - - $8,736,000
Personnel $27,766 $15,000 - $663,000 $664,000 $663,000 $663,000 $2,695,766 Total Expenditures $147,608 $10,682,392 $2,000,000 $14,099,000 $88,845,000 $995,000 $995,000 $117,764,000 Operating Impacts - - - - - -
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2465 - DUANE-SCOTT 115KV RECONDUCTOR
Project Number: 2465 Theme / Category: Electric Utility Year Initiated: 2024 Project Manager: Sadhana Shrestha
Planned Completion Year: 2030 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 850 Duane Ave; 1205 Space Park Dr
Project Description This project involves reconductoring 0.2 miles of the Duane-to-Scott 115 kV line to achieve a capacity of at least 3,000 amps by replacing the breakers, disconnect switches, and related equipment at Duane Substation with new components rated for 3,000 amps. This upgrade will raise the emergency rating of the Duane-to-Scott 115 kV line to 3,000 amps and enhance system reliability. The project will be coordinated with the Scott Receiving Station (SRS) rebuild project.

Funding Sources Load Development Fee, Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $2,420,000 $130,000 $3,459,000 $4,567,000 $969,000 - $11,545,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - $1,137,365 - - $2,901,000 - - $4,038,365 Contingencies/Misc - $196,964 $130,000 $1,153,000 $1,522,000 $323,000 - $3,324,964 Engineering - $1,085,671 - - - $215,000 - $1,300,671
Equipment - - - $2,162,000 - - - $2,162,000
Personnel - - - $144,000 $144,000 $431,000 - $719,000
Total Expenditures - $2,420,000 $130,000 $3,459,000 $4,567,000 $969,000 - $11,545,000 Operating Impacts - - - - - -
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2466 - SOUTH LOOP RECONDUCTOR
Project Number: 2466 Theme / Category: Electric Utility Year Initiated: 2024 Project Manager: Sadhana Shrestha
Planned Completion Year: 2030 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 2831 Homestead Rd; 1205 Space Park Dr
Project Description This project will reconductor approximately 4.16 miles of overhead 60 kV line, with a conductor rated for 3,000 amps, in two sections: between Laurelwood Substation and Kifer Receiving Station, and between Homestead Substation and Scott Receiving Station. To support new system load growth and rebalance existing loop loads, the South Loop requires an upgrade to provide additional capacity. Upon completion, this project will increase the South Loop’s capacity from 196 MVA to 310 MVA and help redistribute load from the Center Loop.

Funding Sources Load Development Fee, Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $4,010,000 - $5,032,000 $21,725,000 $3,488,000 - $34,255,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - - $13,965,000 - - $13,965,000
Contingencies/Misc - - - $500,000 $7,242,000 $1,163,000 - $8,905,000 Engineering - $4,010,000 - - - $776,000 - $4,786,000
Equipment - - - $4,014,000 - - - $4,014,000
Personnel - - - $518,000 $518,000 $1,549,000 - $2,585,000 Total Expenditures - $4,010,000 - $5,032,000 $21,725,000 $3,488,000 - $34,255,000 Operating Impacts - - - - - -
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2467 - NORTHWESTERN – ZENO 60KV RECONDUCTOR
Project Number: 2467 Theme / Category: Electric Utility Year Initiated: 2024 Project Manager: Sadhana Shrestha
Planned Completion Year: 2032 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 2690 Condensa St; 3050 Semiconductor Dr
Project Description This project will reconductor 1.49 miles of the Northwestern-to-Zeno 60 kV line with 715 aluminum conductor composite reinforced (ACCR) to achieve a 3,000 amp rating, replace disconnect switches 31 and 33 at Northwestern Substation with 3,000 amp units, and replace all 2,000 amp breakers and disconnect switches at Zeno Substation with new 3,000 amp equipment. These upgrades will increase the emergency rating of the Northwestern-to-Zeno 60 kV line to 3,000 amps to accommodate new load growth and maintain system reliability.

Funding Sources Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $224 $999,776 - - - $13,435,000 $13,614,000 $28,049,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - - - - $8,560,000 $8,560,000
Contingencies/Misc - - - - - $4,808,000 $4,538,000 $9,346,000 Engineering - $999,776 - - - $4,636,000 - $5,635,776
Equipment - - - - - $3,474,000 - $3,474,000
Personnel $224 - - - - $517,000 $516,000 $1,033,224
Total Expenditures $224 $999,776 - - - $13,435,000 $13,614,000 $28,049,000 Operating Impacts - - - - - -
387
~ Cityof ~ Santa Clara

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

2468 - PALM SUBSTATION EXPANSION
Project Number: 2468 Theme / Category: Electric Utility Year Initiated: 2024 Project Manager: Ryan Do
Planned Completion Year: 2029 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 4211 Lafayette St
Project Description This project will expand Palm Substation by installing a third 60 kV/12 kV (56 MVA) transformer with associated 12 kV switchgear in order to meet projected load growth and new development in the area served by Palm Substation.

Funding Sources Developer Contributions, Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $6,061 $6,231,014 $8,435,000 $5,430,000 - - - $20,102,075 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - $4,400,000 - - - $4,400,000
Engineering - $6,231,014 - $910,000 - - - $7,141,014
Equipment - - $8,400,000 - - - - $8,400,000
Personnel $6,061 - $35,000 $120,000 - - - $161,061
Total Expenditures $6,061 $6,231,014 $8,435,000 $5,430,000 - - - $20,102,075 Operating Impacts - - - - - -
388
~ Cityof ~ Santa Clara
.uh

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

2469 - AGNEW REBUILD AND EXPANSION
Project Number: 2469 Theme / Category: Electric Utility Year Initiated: 2024 Project Manager: Ryan Do
Planned Completion Year: 2033 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 2375 Agnew Rd
Project Description This project is a full rebuild of Agnew Substation, which includes new grounding grid, foundations, support structures, and 12kV and 60 kV equipment to accommodate anticipated load growth in the substation service area. New equipment consists of breakers, switches, bus bar, transformers, conductor drops, etc.

All new equipment will support 3000 Amp ratings and the larger 56 MVA transformers.

Funding Sources Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $4,377 $5,995,623 - - - $29,700,000 $8,650,000 $44,350,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - - - - $8,650,000 $8,650,000
Engineering - $5,995,623 - - - - - $5,995,623
Equipment - - - - - $29,700,000 - $29,700,000
Personnel $4,377 - - - - - - $4,377
Total Expenditures $4,377 $5,995,623 - - - $29,700,000 $8,650,000 $44,350,000 Operating Impacts - - - - - -
389
~ Cityof ~ Santa Clara
.uh

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

2472 - NORTHWEST LOOP CAPACITY UPGRADE PHASE II
Project Number: 2472 Theme / Category: Electric Utility Year Initiated: 2025 Project Manager: Sadhana Shrestha
Planned Completion Year: 2029 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Northwest Loop
Project Description This project addresses three areas of the Northwest 60 kV Loop. Area 1 involves replacing breakers and disconnects at Central Substation. Area 2 consists of reconductoring the Central Substation-to-San Tomas Junction (CEN/STJ) line section with upgraded aluminum conductor composite reinforced (ACCR). Area 3 covers the design work for replacing the underground cable in the Northern Receiving Station-to-Mission Substation (NRS/MIS) line section with upgraded copper cable. Completing these upgrades will allow the Northwest Loop to operate reliably at higher load levels under both normal and emergency conditions.

Funding Sources Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $4,000,000 $3,230,000 $359,000 $10,402,000 - - $17,991,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - - $5,862,000 - - $5,862,000
Contingencies/Misc - - $1,100,000 $120,000 $3,467,000 - - $4,687,000 Engineering - $4,000,000 - - $358,000 - - $4,358,000
Equipment - - $1,891,000 - - - - $1,891,000
Personnel - - $239,000 $239,000 $715,000 - - $1,193,000 Total Expenditures - $4,000,000 $3,230,000 $359,000 $10,402,000 - - $17,991,000 Operating Impacts - - - - - -
390
~ Cityof ~ Santa Clara

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

2871 - MISCELLANEOUS STREET LIGHTING
Project Number: 2871 Theme / Category: Electric Utility Year Initiated: 2009 Project Manager: Ryan Do
Planned Completion Year: Ongoing Department: Electric Utility Project Type: Ongoing Fund: 534 - Electric UtilityStreet Lights Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project includes installation of additional streetlights and replacement of existing street lighting facilities to maintain adequate lighting levels. The work may include installing new streetlight foundations, new streetlight poles, new LED luminaires, and/or new pull boxes and wiring. The work is expected to occur in various locations in the city.

Funding Sources Developer Contributions, Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $468,687 $320,720 $227,000 $228,000 $229,000 $230,000 $231,000 $1,934,407 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $240,717 $314,759 $200,000 $200,000 $200,000 $200,000 $200,000 $1,555,476 Engineering $3,971 - - - - - - $3,971
Equipment - $5,961 - - - - - $5,961
Personnel $148,999 - $27,000 $28,000 $29,000 $30,000 $31,000 $293,999 Transfers Out $75,000 - - - - - - $75,000
Total Expenditures $468,687 $320,720 $227,000 $228,000 $229,000 $230,000 $231,000 $1,934,407 Operating Impacts - - - - - -
391
~ Cityof ~ Santa Clara
i1tr

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

2874 - LED STREET LIGHTING RETROFIT
Project Number: 2874 Theme / Category: Electric Utility Year Initiated: 2019 Project Manager: Ryan Do
Planned Completion Year: 2027 Department: Electric Utility Project Type: Distinct Fund: 534 - Electric UtilityStreet Lights Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Northside
Project Description This project replaces mercury vapor and high-pressure sodium luminaires with LED luminaires within the industrial and commercial areas of Santa Clara. Geographically, this includes areas north of the Caltrain railroad tracks and west of Lafayette Street. It does not include work to replace the existing street lights along Tasman Drive and Great America; this work is being performed in a separate capital project - 2875 Great America Street Light Replacement Project.

Funding Sources Transfer in from Electric Utility Operating Fund and Electric Utility Operating Grant Trust Fund (Public Benefits Program)
Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $1,784,540 $1,635,460 $7,420,000 - - - - $10,840,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $1,698,618 $1,004,946 $7,400,000 - - - - $10,103,564 Engineering - $630,514 - - - - - $630,514
Personnel $85,922 - $20,000 - - - - $105,922
Total Expenditures $1,784,540 $1,635,460 $7,420,000 - - - - $10,840,000 Operating Impacts - - - - - -
392
~ Cityof ~ Santa Clara
i1tr

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

FY27:NEW-ENG1 - REVENUE METERING IMPROVEMENT
Project Number: FY27:NEWENG1 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Juan Sandoval
Planned Completion Year: 2029 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project will replace the existing SVP revenue meters in SVP owned 60kV substation junctions with upgraded revenue meters, replace an obsolete MV-90 server, and implement the associated communication system, including integration with Santa Clara’s Meter Data Management (MDM) system and Customer Information System (CIS) billing system. The scope includes a comprehensive review of the existing Advanced Metering Infrastructure (AMI), including meters, gateways, the backhaul network, headend system, MDM, and the MV-90 system to identify and design solutions for optimal integration. Input from revenue metering and billing stakeholders will be gathered to assess missing functionalities and needed enhancements such as net metering, time-of-use rates, and outage management. This information will support a full “Meter-to-Cash” assessment to determine required system upgrades, replacements, reconfigurations, and improvements to processes and reporting.

Funding Sources Transfer in from Electric Utility Operating Grant Trust Fund (Public Benefits Program)

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $3,010,000 $2,260,000 - - - $5,270,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Engineering - - $2,950,000 $2,200,000 - - - $5,150,000
Personnel - - $60,000 $60,000 - - - $120,000
Total Expenditures - - $3,010,000 $2,260,000 - - - $5,270,000 Operating Impacts - - - - - -
393
~ Cityof ~ Santa Clara
11t'1

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

FY27:NEW-GEN2 - HYDRO PENSTOCK REPAIRS
Project Number: FY27:NEWGEN2 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Alex Price
Planned Completion Year: 2028 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Remote Assets
Project Description Penstocks are pressure pipes that convey water from the reservoirs to the hydroturbines. The penstocks at the Black Butte and Stony Gorge hydro facilities were inspected as part of routine maintenance. These penstocks were found to require base-metal repairs at areas of wall thinning. In addition, the coating systems need to be restored to prevent further degradation.

Funding Sources Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $1,075,000 - - - - $1,075,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $1,000,000 - - - - $1,000,000
Personnel - - $75,000 - - - - $75,000
Total Expenditures - - $1,075,000 - - - - $1,075,000
Operating Impacts - - - - - -
394
~ Cityof ~ Santa Clara
11t'1

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

FY27:NEW-GEN4 - DVR SPARE ENGINE PROCUREMENT PROJECT
Project Number: FY27:NEWGEN4 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Tahsin Baccioglu
Planned Completion Year: 2029 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 850 Duane Avenue
Project Description SVP plans to procure an additional GE LM6000 gas turbine engine to enhance system reliability and maintain continuity of service during periods of high demand for the Donald Von Raesfeld (DVR) power plant. DVR is a city-owned combustion turbine generating facility located within the City of Santa Clara that operates with two installed turbine bays and three total engines, with one spare rotated into service when an operating unit is removed for scheduled maintenance. However, extended maintenance durations and industry-wide long lead times for overhauls and replacement parts create significant operational risk when only a single spare is available. Procuring a second spare engine will reduce the likelihood of service disruptions during peak load conditions, improve operational flexibility, and strengthen overall system reliability.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $20,000,000 $10,000,000 - - - $30,000,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Equipment - - $20,000,000 $10,000,000 - - - $30,000,000 Total Expenditures - - $20,000,000 $10,000,000 - - - $30,000,000 Operating Impacts - - - - - -
395
~ Cityof ~ Santa Clara
11t'1

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

FY27:NEW-OPS1 - SCADA UPGRADE
Project Number: FY27:NEWOPS1 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Jeff Ipsaro
Planned Completion Year: 2029 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 1705 Martin Ave; 881 Martin Ave
Project Description This project will upgrade SVP’s existing and end-of-life Supervisory Control and Data Acquisition (SCADA) system. The SCADA system is a critical tool used by NERC-certified operators to monitor and control the SVP power grid and is regulated under North American Electric Reliability Corporation (NERC) Critical Infrastructure Protection (CIP) standards.

Funding Sources Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $2,500,000 - - - - $2,500,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Equipment - - $2,500,000 - - - - $2,500,000
Total Expenditures - - $2,500,000 - - - - $2,500,000
Operating Impacts - - - - - -
396
~ Cityof ~ Santa Clara
11t'1

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

FY27:NEW-PLN1 - CAISO 3RD 230KV T-LINE INTO NRS
Project Number: FY27:NEWPLN1 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Sadhana Shrestha
Planned Completion Year: 2031 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 4952 Bill Walsh Way; 810 Thomas Foon Chew Way
Project Description This project expands SVP’s 230 kV facilities at NRS and the SVP Switching Station (SSS) to meet the California Independent System Operator's (CAISO) proposed requirement for a new 230 kV transmission line into SVP’s Northern Receiving Station (NRS) by 2030.

At NRS, the work includes expanding the existing 230 kV double bus, installing a new 230/115 kV 560 MVA transformer, relocating an existing 115 kV line, installing higher capacity 80kA breakers, building new interconnection structures for the incoming CAISO 230 kV lines, and upgrading the protection and control equipment in the control rooms.

At SSS, the work may involve one of several options: installing a second 500 MVA phase-shifting transformer (PST), purchasing a spare 500 MVA PST, or installing a second 1000 MVA PST. The 1000 MVA PST option would also require reconductoring the 230 kV overhead line between NRS and SSS and the emergency rating of the existing underground cable between the two stations will need to be evaluated.

Funding Sources Transfer in from Electric Utility Operating Fund, Debt Financing Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $60,130,000 $24,260,000 $21,730,000 $3,240,000 - $109,360,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - - $14,670,000 - - $14,670,000
Contingencies/Misc - - $18,230,000 $5,650,000 $6,550,000 $980,000 - $31,410,000 Engineering - - $9,390,000 - - $760,000 - $10,150,000
Equipment - - $32,000,000 $18,100,000 - - - $50,100,000 Personnel - - $510,000 $510,000 $510,000 $1,500,000 - $3,030,000 Total Expenditures - - $60,130,000 $24,260,000 $21,730,000 $3,240,000 - $109,360,000 Operating Impacts - - - - - -
397
~ Cityof ~ Santa Clara

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

FY27:NEW-PLN2 - SYSTEM WIDE DISTRIBUTION CAPACITOR

REPLACEMENT

Project Number: FY27:NEWPLN2 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Eric Shum
Planned Completion Year: 2029 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project will install new distribution capacitor banks on feeders where additional reactive power (VoltAmpere Reactive or VAR) support is needed and implement SCADA-enabled remote operation and telemetry on selected units. These new installations and upgrades will bring general distribution substation banks closer to unity power factor, enhancing overall efficiency, reliability, and performance of the distribution system.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $1,078,000 $772,000 $773,000 $40,000 - $2,663,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $420,000 $420,000 $420,000 - - $1,260,000 Equipment - - $616,000 $308,000 $308,000 - - $1,232,000 Personnel - - $42,000 $44,000 $45,000 $40,000 - $171,000 Total Expenditures - - $1,078,000 $772,000 $773,000 $40,000 - $2,663,000 Operating Impacts - - - - - -
398
~ Cityof ~ Santa Clara

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

FY27:NEW-PLN3 - CENTRAL EXPRESSWAY UNDERBUILD DOUBLE
CIRCUITED 60KV & 12KV

Project Number: FY27:NEWPLN3 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Eric Shum
Planned Completion Year: 2029 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Central Expressway
Project Description This project will replace poles along Central Expressway to enable double-circuited 60 kV lines above and 12 kV lines below. The work will be coordinated with other 60 kV projects, including loop rebalancing projects. The project is driven by continued load growth from existing customers and new developments in the area. This approach maximizes existing station capacity, defers upgrades to Uranium and Walsh substations, and provides operational flexibility to transfer load between stations for future maintenance or system improvements.

Funding Sources Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $6,555,000 $9,669,000 $6,933,000 - - $23,157,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - $6,885,000 $6,885,000 - - $13,770,000 Engineering - - $3,772,000 - - - - $3,772,000
Equipment - - $2,738,000 $2,738,000 - - - $5,476,000
Personnel - - $45,000 $46,000 $48,000 - - $139,000
Total Expenditures - - $6,555,000 $9,669,000 $6,933,000 - - $23,157,000 Operating Impacts - - - - - -
399
~ Cityof ~ Santa Clara

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

FY27:NEW-PLN4 - NRS TO AGNEW 60 KV LINE RECONDUCTORING
Project Number: FY27:NEWPLN4 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Sadhana Shrestha
Planned Completion Year: 2030 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 2375 Agnew Rd; 4952 Bill Walsh Way
Project Description This project involves reconductoring a section of the Northern Receiving Station-to-Agnew Substation 60 kV line and upgrading associated breakers and disconnects to increase capacity and reliability. Completion of this work, along with related upgrades at the Northern Receiving Station, will allow the Northeast loop to operate at higher load levels under both normal and emergency conditions, improving overall system performance and flexibility. This project will be coordinated with the Agnew Rebuild and Expansion project.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $1,735,000 $1,422,000 $6,444,000 $1,065,000 - $10,666,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - - $3,103,000 - - $3,103,000
Contingencies/Misc - - $867,000 $711,000 $3,222,000 $532,000 - $5,332,000 Engineering - - $749,000 - - $178,000 - $927,000
Equipment - - - $592,000 - - - $592,000
Personnel - - $119,000 $119,000 $119,000 $355,000 - $712,000 Total Expenditures - - $1,735,000 $1,422,000 $6,444,000 $1,065,000 - $10,666,000 Operating Impacts - - - - - -
400
~ Cityof ~ Santa Clara
11tr

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

FY27:NEW-PLN5 - FLEXIBLE LOAD INTERCONNECTION PROGRAM
Project Number: FY27:NEWPLN5 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Sadhana Shrestha
Planned Completion Year: 2028 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project enhances SVP’s existing manual load shedding program by implementing a flexible load interconnection program that allows existing 60kV data center customers to ramp up to higher load levels by accepting flexible capacity. This project will maintain SVP grid reliability during the balancing area and local system emergencies. SVP will work with data center customers to gain access to their 12kV circuit breakers, enabling SVP to shed data center loads through SVP supervisory control and data acquisition (SCADA) if data center customers cannot comply with SVP load shedding requests.

This project will require installation, programming, configuration, and commissioning of protection and control (P&C) devices such as real-time automation controllers (RTACs), protective relays, circuit breakers, SCADA panels, and fiber-optic cables. In addition, it will require customers to communicate analog and digital points to SVP.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $7,099,000 $3,611,000 - - - $10,710,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $552,000 $1,657,000 - - - $2,209,000
Contingencies/Misc - - $2,366,000 $1,204,000 - - - $3,570,000 Engineering - - $2,100,000 $179,000 - - - $2,279,000
Equipment - - $1,700,000 - - - - $1,700,000
Personnel - - $381,000 $571,000 - - - $952,000
Total Expenditures - - $7,099,000 $3,611,000 - - - $10,710,000 Operating Impacts - - - - - -
401
~ Cityof ~ Santa Clara
11t'1

FY 2 0 2 6 / 2 7 A ND FY 2 0 2 7/ 2 8 P R O P O S E D C A P IT A L I M P R O V E M E NT P R O GR A M B U D GE T | E L E CT R I C UT I L IT Y FUNDED

FY27:NEW-PLN6 - URANIUM FEEDER RELIABILITY IMPROVEMENT
Project Number: FY27:NEWPLN6 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Allan Agatep
Planned Completion Year: 2029 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 2705 Bowers Ave
Project Description This project will modernize and improve distribution reliability for feeders exiting Uranium Substation. The scope includes reconductoring the first approximately 1,000 feet of each feeder phase from the substation getaway to the nearest riser with new underground cable, updating terminations and splices, and improving concentric-neutral bonding. New SCADA-integrated reclosers will be installed at roughly half of the total circuit length (about 1.5 to 2 miles downstream) to create a new protection zone, enhance sectionalizing, and reduce the impact of outages. The project also includes updating protection settings, integrating communications and remote terminal units (RTUs), and completing as-built documentation.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $475,000 $606,000 $288,000 - - $1,369,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - $218,000 $218,000 - - $436,000
Engineering - - $88,000 - $22,000 - - $110,000
Equipment - - $342,000 $342,000 - - - $684,000
Personnel - - $45,000 $46,000 $48,000 - - $139,000
Total Expenditures - - $475,000 $606,000 $288,000 - - $1,369,000 Operating Impacts - - - - - -
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FY27:NEW-PLN7 - SPARE EQUIPMENT STRATEGY & PROCUREMENT
Project Number: FY27:NEWPLN7 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Allan Agatep
Planned Completion Year: 2029 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This multi-year program reconditions legacy substation transformers to create a strategic spare fleet and procures a new dedicated Generator Step-up (GSU) transformer for Duane Substation. The program includes refurbishing select 60/12 kV units from existing sites and acquiring a turnkey 130 MVA spare transformer, which will be stored ready for rapid deployment in the event of a transformer failure. The primary purpose is contingency readiness to minimize outage duration and risk by ensuring immediate-fit spares are available. The program supports asset management objectives by enhancing safety, reliability, lifecycle value, and resiliency through standardized spare interfaces, improved condition visibility via monitoring, and codified storage and mobilization practices.

Funding Sources Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $20,198,000 $19,321,000 $4,478,000 - - $43,997,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - $1,536,000 $1,536,000 - - $3,072,000 Engineering - - $2,414,000 - $2,894,000 - - $5,308,000
Equipment - - $17,739,000 $17,739,000 - - - $35,478,000 Personnel - - $45,000 $46,000 $48,000 - - $139,000
Total Expenditures - - $20,198,000 $19,321,000 $4,478,000 - - $43,997,000 Operating Impacts - - - - - -
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FY27:NEW-PLN8 - DYNAMIC FACILITY RATINGS PROJECT
Project Number: FY27:NEWPLN8 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Allan Agatep
Planned Completion Year: 2029 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project will develop and implement a Dynamic Ratings Program across SVP’s transmission assets to safely increase asset utilization and expand operating capacity. The program will introduce Dynamic Line Ratings (DLR) for selected overhead lines by calculating real-time thermal capacity using environmental and loading conditions rather than static worst-case ampacity limits, as well as Dynamic Transformer Ratings (DTR) by determining real-time transformer capability based on thermal modeling of winding and oil temperatures. The project will integrate these dynamic ratings into SCADA/EMS/DMS systems, providing operators with actionable, time-varying capacity information, alarms, audit trails, and automated reversion to static ratings. It will also establish the operational standards, procedures, and training necessary for DLR and DTR to become routine tools in day-to-day grid operations. To complete this work, SVP will hire a consultant to perform the engineering analysis and develop program standards, procure the required software and sensors, and carry out the construction and integration activities necessary to deploy the technology in the field.

Funding Sources Transfer in from Electric Utility Operating Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $345,000 $696,000 $1,098,000 - - $2,139,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - $200,000 $450,000 - - $650,000
Engineering - - $300,000 $200,000 $250,000 - - $750,000 Equipment - - - $250,000 $350,000 - - $600,000
Personnel - - $45,000 $46,000 $48,000 - - $139,000
Total Expenditures - - $345,000 $696,000 $1,098,000 - - $2,139,000 Operating Impacts - - - - - -
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COMPLIANCE REQUIREMENT
Project Number: FY27:NEWPLN9 Theme / Category: Electric Utility Year Initiated: 2026 Project Manager: Sadhana Shrestha
Planned Completion Year: 2028 Department: Electric Utility Project Type: Distinct Fund: 591 - Electric UtilityConstruction Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location 901 Comstock St
Project Description This project will ensure that Bulk Electric System (BES) elements associated with the Duane Substation’s existing protection system meet North American Electric Reliability Corporation Transmission Planning (NERC TPL) 001-05 Category P5 compliance requirements. The work includes conducting a preliminary investigation to identify appropriate mitigation measures, which may include installing monitoring devices and communication systems to report data to the Control Center, adding redundant DC supplies, and implementing lockout devices and trip coils. The project also includes designing and implementing the selected mitigation solutions across applicable elements connected to the Duane Substation, such as generators, transmission lines, switchgear, transformers, and bus equipment.

Funding Sources Transfer in from Electric Utility Operating Fund Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $153,000 $862,000 - - - $1,015,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - $180,000 - - - $180,000
Contingencies/Misc - - $51,000 $287,000 - - - $338,000
Engineering - - $84,000 - - - - $84,000
Equipment - - - $300,000 - - - $300,000
Personnel - - $18,000 $95,000 - - - $113,000
Total Expenditures - - $153,000 $862,000 - - - $1,015,000 Operating Impacts - - - - - -
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,
Other Community
Projects
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INTRODUCTION
The capital projects within the Other Community Projects category include those that do not easily fit within one of the other CIP categories such as the Related Santa Clara Project and projects for developments related to the Tasman East Specific Plan and the Patrick Henry Drive Specific Plan. This theme also includes projects for costs associated with the General Obligation (GO) Bond projects, including those that are not eligible to be covered by the GO bond itself. The goals of projects in this category are to explore opportunities, through publicprivate partnerships and community engagement, that would guide the growth of the City by maximizing the overall economic benefit of future land uses and create a more vibrant community.

The five-year CIP Other Community Projects budget totals $19.0 million. The CIP projects were prioritized by the following criteria:

Related Santa Clara Project
The Related Santa Clara project, previously referred to as City Place, is envisioned to be an approximately 240- acre, multi-phased urban city development located in the heart of the Silicon Valley, in the northern part of the City of Santa Clara. The project will create a new center of activity for the community and region, providing significant mixed-use development at an urban scale, as well as accessible outdoor spaces and new infrastructure to support the development. City staff is providing development services for the project, offset by reimbursement from the Related Santa Clara project.

Tasman East Specific Plan and Patrick Henry Drive Specific Plan Projects Both specific plans identify infrastructure items to be funded by impact fees to equitably distribute the infrastructure costs within the specific plan areas. The Tasman East Specific Plan and the Patrick Henry Drive Specific Plan projects support the City administration of the specific plans. Developer reimbursements are also anticipated for infrastructure improvements in the event the developers build out more than their fee requires.

Measure I General Obligation Bond Related Projects
On November 5, 2024, voters in the City of Santa Clara approved ballot Measure I, the Public Facilities and Infrastructure Bond Measure. This GO bond authorizes the issuance of $400 million to help address over $600 million in unfunded infrastructure needs. While an expenditure plan allocating these bond funds to various categories has been approved, there remain costs that are not eligible to be funded via the GO bond. These costs include bond project implementation and the furniture, fixtures, and equipment costs necessary for the operations of the facilities that are part of the approved GO bond expenditure plan. Funding has been set aside for these types of costs.

Major Accomplishments
Downtown Precise Plan
On December 5, 2023, the City of Santa Clara City Council certified an Environmental Impact Report (EIR) and adopted the Downtown Precise Plan and Form Based Zoning Code to implement the community’s vision and objectives for a vibrant, pedestrian-oriented destination Downtown with a mix of residential, office, and civic uses.

Work has started on the associated infrastructure fee including identifying infrastructure items to be funded by an impact fee to equitably distribute the infrastructure costs within the Plan area. This is anticipated to be brought to City Council by the end of 2026.

El Camino Real Specific Plan
A draft of the El Camino Real (ECR) Specific Plan was previously considered by the City Council for adoption in 2021. The City Council did not take action on this Plan and directed City staff to modify the Plan to reduce residential density and maximum building heights. City staff, working with the Specific Plan consultant, and the community have completed the revisions to the Plan, which was brought to the Planning Commission on April 8, 2026 for a recommendation to the City Council for action on the Adoption on May 19, 2026. 410
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At the April 18, 2023 City Council meeting, the City Council approved an Agreement for Services with Hexagon Transportation Consultants, Inc. for Preparation and Application of a Transportation Demand Management Monitoring and Administration Program for Development Projects. Staff, working with the consultant, built out a website for developers and property owners to submit their annual monitoring reports for their TDM plans. The website was launched in June 2024.

Zoning Code Update
The City Council adopted an Updated Zoning Code in December 2023. The sections regarding procedures, permit processing and definitions (Article 1, the single-family sections of Article 2, and Articles 3-8) were effective February 8, 2024, 30 days after the second reading of the ordinance on January 9, 2024. Zoning Districts other than single-family were effective August 15, 2024, which corresponds to the effective date of the zoning map.

The City Council adopted the first Zoning Code clean-up ordinance on August 20, 2024, which included the advisory that subsequent clean-up ordinances would be on the horizon. A second clean-up ordinance was adopted in June 2025. As an ongoing update, staff periodically brings clean-up ordinances to address clerical inconsistencies within the document or areas needing further clarification based on implementation of the new zoning code and to be consistent with State Law. The City is bringing forward its third “clean-up” ordinance for the Zoning Code Update to City Council in May 2026.

Financing Sources
General Fund
The General Fund is used to support the City’s general capital projects.

Capital Sinking Fund
As part of the FY 2026/27 and FY 2027/28 Proposed Capital Improvement Program Budget, a new fund is recommended to be established. This fund will act as a sinking fund for all general capital projects across the City. Transfers from the General Fund are planned to support this sinking fund.

Developer Contributions
The Related Santa Clara Project Developer has entered into an agreement to provide funding for City staff positions specifically added to support the Related Santa Clara project as well as to reimburse for third-party contracts used to support the project. This will ensure that the City has timely and sufficient resources for plan checks and permit reviews. The Patrick Henry Drive Administration project is funded via the Patrick Henry Drive Specific Plan Infrastructure Impact Fees, while the Tasman East Administration project will be funded via Tasman East Infrastructure Impact Fees.

Operating Budget Impacts
Projects within the Other Community Projects category are not expected to have additional operating and maintenance costs.
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Although the CIP provides for the majority of requests, there remains needs that have not been addressed. As highlighted in the chart below, the total funding needs for the Other Community Projects program totals $19.1 million. Of this amount, $19.0 million is funded, leaving $0.1 million of unfunded needs.

Funded, $19.0
M, 99.5%
Unfunded,
$0.1 M, 0.5%
Other Community Projects
Total Funding Needs = $19.1 M
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For more project information, please see the Unfunded Projects – Other Community Projects list at the end of this section.

ADA Self-Evaluation and Transition Plan Update
The City Council adopted the Americans with Disabilities Act (ADA) Self-Evaluation and Transition Plan in 2024 for public buildings, parks, and public rights-of-way. The Plan identified improvements public buildings to address barriers to accessibility. This project provides funding for consultant support services. $0.1
$0.0
$0.0
$0.0
$0.1
$0.1
$0.1
$0.1
$0.1
$0.2
$0.2
$0.2
ADA Self Evaluation and Transition Plan Update
Unfunded
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PROJECTS BUDGETED COST SUMMARY
Other Community Projects 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-Year CIP Total
1199 - PW Capital Projects
Management - Streets and
Highways
$2,415,362 - - - - - - 1899 - PW Capital Projects
Management - Storm Drain $179,607 - - - - - - 1979 - PW Capital Projects Management - Sewer $359,760 - - - - - - 3199 - PW Capital Projects Management - Parks &
Recreation
$557,269 - - - - - - 4099 - PW Capital Projects
Management - Fire $28,345 - - - - - - 4511 - Related General Admin Project $153,406 $94,929 $98,877 $103,827 $106,168 $108,870 $512,671 4513 - Other Development
Project Services $913,001 $650,000 $650,000 $650,000 $650,000 $650,000 $3,250,000 4610 - Tasman East
Infrastructure Fee Administration $30,422 $29,865 $30,462 $31,071 $31,692 $32,326 $155,416 4611 - Tasman East
Infrastructure Fee – Developer
Reimbursements
$4,231,231 - - - - - - 5099 - PW Capital Projects
Management - Library $21,804 - - - - - - 5211 - Civic Center Drive - Low Income Housing $4,944,484 - - - - - - 6153 - ADA Self Evaluation and Transition Plan Update $55,772 $50,000 - - - - $50,000
6175 - Commerce & Peddler's
Maintenance $889,921 - - - - - - 6179 - UPRR Agnew Siding Project - City Utility
Protection/Relocation
$1,746,271 - - - - - - 6199 - PW Capital Projects
Management - Public Buildings $187,511 - - - - - - 6559 - Downtown Master Plan $49,511 - - - - - - 6562 - Transportation Demand Management $112,839 - - - - - -

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PROJECTS BUDGETED COST SUMMARY
Other Community Projects 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-Year CIP Total
6563 - El Camino Real Specific
Plan $710,825 - - - - - - 6564 - Precise Plan for
Downtown $1,611 - - - - - - 6568 - Measure I Fixtures,
Furniture and Equipment $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $5,000,000 6569 - Downtown City Property
Evaluation $50,000 - - - - - - 6598 - General Obligation Bond Implementation $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $10,000,000 6599 - PW Capital Projects
Management - General
Government
$10,902 - - - - - - Total Other Community
Projects $20,649,854 $3,824,794 $3,779,339 $3,784,898 $3,787,860 $3,791,196 $18,968,087

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Project Number: 4511 Theme / Category: Other Community
Projects
Year Initiated: 2019 Project Manager: Elizabeth Klotz
Planned Completion Year: Ongoing Department: Non-Departmental Project Type: Ongoing Fund: 540 - Related Santa
Clara Dvlpr Fund
Strategic Pillar 01 - Promote and Enhance Economic, Housing and Transportation Development
Location 5155 Stars & Stripes Drive Santa Clara, CA 95054 Project Description The Related Santa Clara Project consists of construction of a new multi-phased, mixed-use development of up to 9.16 million gross square feet. On June 28, 2016, the Council approved a Disposition and Development Agreement (DDA), a Development Agreement (DA) and project entitlements for the Related Santa Clara Project (the "Project," also known as City Place). The Project involves development in several phases on 240 acres of land principally used as Santa Clara Golf & Tennis. The DDA and DA contemplated the need for financial resources from the Developer to fund third party costs to assist City staff in pre-development and permit processing efforts. In addition, the DA provided that the City would provide prompt expedited permit processing.

The Developer has agreed to partially fund a Priority Project Manager to act as a facilitator for all project approvals and as an intermediary between the City and the Developer for the processing of project approvals, to address issues and concerns during the development of the project, and, to promote consistency across City departments and outside agencies. This project covers the Project Manager costs; project funding will be determined based on need and is subject to change.

Funding Sources Developer Contributions

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $919,745 $153,406 $94,929 $98,877 $103,827 $106,168 $108,870 $1,585,822 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Personnel $919,745 $153,406 $94,929 $98,877 $103,827 $106,168 $108,870 $1,585,822 Total Expenditures $919,745 $153,406 $94,929 $98,877 $103,827 $106,168 $108,870 $1,585,822 Operating Impacts - - - - - -
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4513 - OTHER DEVELOPMENT PROJECT SERVICES
Project Number: 4513 Theme / Category: Other Community
Projects
Year Initiated: 2021 Project Manager: Elizabeth Klotz
Planned Completion Year: Ongoing Department: Non-Departmental Project Type: Ongoing Fund: 540 - Related Santa
Clara Dvlpr Fund
Strategic Pillar 01 - Promote and Enhance Economic, Housing and Transportation Development
Location 5155 Stars & Stripes Drive Santa Clara, CA 95054 Project Description The Related Santa Clara Project consists of construction of a new multi-phased, mixed-use development of up to 9.16 million gross square feet. On June 28, 2016, the Council approved a Disposition and Development Agreement (DDA), a Development Agreement (DA) and project entitlements for the Related Santa Clara Project (the "Project," also known as City Place). The Project involves development in several phases on 240 acres of land principally used as Santa Clara Golf & Tennis. The DDA and DA contemplated the need for financial resources from the Developer to fund third party costs to assist City staff in pre-development and permit processing efforts. In addition, the DA provided that the City would provide prompt expedited permit processing.

The June 2016 Development Agreement with Related provides that Related will fund City third-party costs necessary to carry out the project for entitlements, permit processing, and implementation of the project. This project funds the third-party costs.

Funding Sources Developer Contributions

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $4,498,630 $913,001 $650,000 $650,000 $650,000 $650,000 $650,000 $8,661,631 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $367,759 $5,000 - - - - - $372,759
Contingencies/Misc $4,130,687 $908,001 $650,000 $650,000 $650,000 $650,000 $650,000 $8,288,688 Engineering $184 - - - - - - $184
Total Expenditures $4,498,630 $913,001 $650,000 $650,000 $650,000 $650,000 $650,000 $8,661,631 Operating Impacts - - - - - -
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4610 - TASMAN EAST ADMINISTRATION
Project Number: 4610 Theme / Category: Other Community
Projects
Year Initiated: 2021 Project Manager: Viet Nguyen
Planned Completion Year: Ongoing Department: Public Works Project Type: Ongoing Fund:
541 - Tasman East
Infrastructure
Improvement Fund
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Tasman East
Project Description This project, previously titled Tasman East Admin Study and Engineering Studies, provides funding for the administration of the Tasman East Specific Plan Infrastructure Impact Fees. The Nexus Study identified a list of infrastructure items at a cost of approximately $30 million to be funded by impact fees. This project manages the implementation of these improvements, funded by impact fees.

Funding Sources Developer Contributions (impact fees)
Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $291,933 $30,422 $29,865 $30,462 $31,071 $31,692 $32,326 $477,771 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Engineering $151,930 $30,422 $29,865 $30,462 $31,071 $31,692 $32,326 $337,768 Personnel $140,003 - - - - - - $140,003
Total Expenditures $291,933 $30,422 $29,865 $30,462 $31,071 $31,692 $32,326 $477,771 Operating Impacts - - - - - -
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6153 - ADA SELF EVALUATION AND TRANSITION PLAN UPDATE
Project Number: 6153 Theme / Category: Other Community
Projects
Year Initiated: 2018 Project Manager: Vincent Luchessi
Planned Completion Year: Ongoing Department: Public Works Project Type: Ongoing Fund: 538 - Public Buildings
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Various Locations Citywide
Project Description The City Council adopted the Americans with Disabilities Act (ADA) Self-Evaluation and Transition Plan on August 20, 2024. This project developed an updated ADA Transition Plan for public buildings, parks, and public rights-of-way. In addition, the project included an ADA Self-Evaluation of policies, programs, procedures, and communications and identified barriers to accessibility, methods for improving access, establishes a timeline and costs for removing ADA barriers, identifies the person responsible for Title II compliance, and involved people with disabilities in the preparation of the plan. The plan provides a strategic approach and tools for continued access improvements as the City implements its ADA SelfEvaluation and Transition Plan in the coming years. Since adoption of the updated Plan, the project transitioned into an implementation phase and remains active as a project to address and implement the findings and recommendations of the Self-Evaluation and Transition Plan.

Funding Sources General Fund - Capital Project Reserves

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $444,228 $55,772 $50,000 - - - - $550,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Contingencies/Misc $250 - - - - - - $250
Engineering $443,978 $55,772 $50,000 - - - - $549,750
Total Expenditures $444,228 $55,772 $50,000 - - - - $550,000 Operating Impacts - - - - - -
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6568 - MEASURE I FIXTURES, FURNITURE AND EQUIPMENT
Project Number: 6568 Theme / Category: Other Community
Projects
Year Initiated: 2026 Project Manager: Marc Frietas
Planned Completion Year: 2030 Department: Non-Departmental Project Type: Distinct Fund: 539 - General
Government
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description On November 5, 2024, voters in the City of Santa Clara approved ballot Measure I, the Public Facilities and Infrastructure Bond Measure. Measure I authorizes the City to issue up to $400 million in general obligation bonds to help address over $600 million in unfunded infrastructure needs, including aging fire stations, storm drain systems, and aquatic facilities. As part of the process for putting Measure I on the ballot, the City Council approved a bond expenditure plan describing the categories of public improvements authorized to be financed by the bonds and setting forth the basic terms for the implementation of bondfunded projects in phases.

As approved on December 17, 2025 (RTC 25-1729), this project provides funding for the fixtures, furniture and equipment costs not eligible to be covered via bond funds.

Funding Sources General Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $6,000,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Equipment - $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $6,000,000 Total Expenditures - $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $6,000,000 Operating Impacts - - - - - -
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6598 - GENERAL OBLIGATION BOND IMPLEMENTATION
Project Number: 6598 Theme / Category: Other Community
Projects
Year Initiated: 2026 Project Manager: Marc Frietas
Planned Completion Year: 2030 Department: Non-Departmental Project Type: Distinct Fund: 539 - General
Government
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description On November 5, 2024, voters in the City of Santa Clara approved ballot Measure I, the Public Facilities and Infrastructure Bond Measure. Measure I authorizes the City to issue up to $400 million in general obligation bonds to help address over $600 million in unfunded infrastructure needs, including aging fire stations, storm drain systems, and aquatic facilities. As part of the process for putting Measure I on the ballot, the City Council approved a bond expenditure plan describing the categories of public improvements authorized to be financed by the bonds and setting forth the basic terms for the implementation of bondfunded projects in phases.

As approved on September 16, 2025 (RTC 25-992), this project provides for the bond project implementation costs not eligible to be covered via bond funds.

Funding Sources General Fund

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $12,000,000 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Contingencies/Misc - $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $12,000,000 Total Expenditures - $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $12,000,000 Operating Impacts - - - - - -
421
.....
ill!.

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UNFUNDED PROJECTS OTHER COMMUNITY PROJECTS
6153 - ADA Self Evaluation and Transition Plan Update
FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total - - $50,000 - $50,000 $100,000 The City Council adopted the Americans with Disabilities Act (ADA) Self-Evaluation and Transition Plan on August 20, 2024. This project developed an updated ADA Transition Plan for public buildings, parks, and public rights-of-way. In addition, the project included an ADA Self-Evaluation of policies, programs, procedures, and communications; and identified barriers to accessibility, methods for improving access, established timelines and estimated costs for removing ADA barriers. The plan provides a strategic approach and tools for continued access improvements as the City implements its ADA Self-Evaluation and Transition Plan in the coming years. Since adoption of the updated Plan, the project has transitioned into an implementation phase and remains active as a project to address and implement the findings and recommendations of the Self-Evaluation and Transition Plan. This project remains unfunded in the out-years.
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Parks and Trails
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INTRODUCTION
The capital projects in the Parks and Trails theme support the City Council’s adopted goal to “enhance community sports, recreational, and arts assets”. These projects provide improved recreational opportunities through inclusive, environmentally sustainable, and age-friendly parks and amenities for all residents. They also include trail projects that serve a dual purpose, supporting both transportation (biking and walking) and recreational use.

The Parks & Recreation Department previously completed several planning and assessment efforts, including the Youth Sports Needs Assessment (Verde Design, Inc. 2014), Aquatics Facility Needs Assessment (The Sports Management Group, 2014), the Park & Recreation Facilities Development Impact Fee Study (Willdan, Inc. 2014, update 2019), and the Parks & Recreation Facility Condition Assessment (Kitchell, 2018). These assessments identified the need for expanded facilities based on projected population growth, highlighted parks and recreation assets requiring replacement or renewal, and addressed aging infrastructure needs. The Department introduced a draft of the Central Park Master Plan Update (Gates 2017-2019) that incorporated previous studies and community input to create a long-term vision for Central Park. In December 2025, the Department completed a draft Parks & Recreation Master Plan which is intended to guide the acquisition, development, operations, maintenance, and funding decisions of the City’s parks, recreation facilities, open space, and programs over the next 15 to 20 years. These efforts collectively inform the Department’s development and prioritization of capital projects.

Parks Capital Improvement Program (CIP) projects adhere to City design criteria and incorporate community feedback through community input meetings and surveys conducted during the design phase. Project scopes are developed based on available funding, with priority given to facilities that support youth, seniors, and individuals with special needs. Additional priorities may include installation of new age-appropriate playground equipment, building accessibility upgrades, access control improvements, surfaces and walkway rehabilitation, irrigation and landscape enhancements, parking and building improvements, and construction of new facilities.

Projects may also include studies and administration of park in-lieu fees to support the acquisition and development of new neighborhood and community parks.

The inventory* of parks and trails includes the following:

Neighborhood Parks Neighborhood Parks
Agnew Park Jenny Strand Park
Bowers Park Larry J. Marsalli Park
Bracher Park Lick Mill Park
Bill Wilson Park Live Oak Park
City Plaza Park Machado Park
Creekside Park Mary Gomez Park & Aquatic Center
Earl R. Carmichael Park Maywood Park
Everett Souza Park & Community Garden Meadow Park
Everett Alvarez, Jr. Park Montague Park
Fairway Glen Park Parkway Park
Fremont Park Steve Carli Park
Fuller Street Park Thamien Park
Gateway Crossing Community Park Thomas Barrett Park
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Henry Schmidt Park Warburton Park & Pool
Homeridge Park Westwood Oaks Park
Community Parks Recreational Trails
Central Park San Tomas Aquino/Saratoga Creek Trail
Community Park North (Undeveloped) Redwood Trail
Recreational Facilities Public Open Space
Earl R. Carmichael Gymnastics Center Agnews Historic Park George F. Haines International Swim Center Civic Center Park Montague Swim Center Ulistac Natural Area
Raymond G. Gamma Dog Park Mini Parks
Reed and Grant Sports Park Calle De Luna Park
Santa Clara P.A.L. BMX Track Calle Del Mundo Park
Santa Clara Youth Soccer Park Geof Goodfellow Sesquicentennial Park Santa Clara Senior Center Lawrence Station Area Parks A-H Skate Park Memorial Cross Park
Teen Center Rotary Park
Vincent Fiorillo & Family Park
War Memorial Playground
*Excludes Buchser Tennis Courts, Mission City Memorial Park, Agnews Historic Cemetery, and other joint use facilities.

Funding Our Top Priorities
The projects included in the CIP were determined in accordance with both the City Council’s strategic pillars and the budget priorities. All of the funding falls under the Enhance Community Sports, Recreational and Arts Assets Strategic Pillar as shown in the chart below.

Enhance Community
Sports, Recreational
and Arts Assets,
$19.9 M, 100%
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | P A R KS AN D T RA I L S The five-year CIP Parks & Trails budget totals $19.9 million. The CIP projects were prioritized by the following criteria:

Project Highlights
Major projects in the Parks & Trails category are detailed below.

General Obligation Bond Projects
This program includes several projects supported by the Measure I General Obligation Bonds, including the following that have funding in this CIP from the first tranche of projects:
 Warburton Park Playground Renovations
 Henry Schmidt Park Playground Renovations (funding in FY 2025/26) Park Playground Rehabilitation
Playgrounds are designed to be accessible and serve
the needs of the entire community. Work continues as
funding becomes available to support the design and
construction phases on existing playground rehabilitation projects. Funding sources include the park in-lieu fees, General Fund, and Measure I General Obligation Bonds.

Identified and prioritized projects include the Maywood Park Playground Rehabilitation, Earl Carmichael Park
Playground Rehabilitation, Henry Schmidt Park
Playground Rehabilitation, Warburton Park Playground
Rehabilitation, and Mary Gomez Park Playground
Rehabilitation. The Henry Schmidt Park Playground
Rehabilitation is in the construction phase and will include the installation of new playground equipment and amenities to address population growth, new development, evolving recreational needs, and new regulatory requirements, while maintaining the park’s signature “Train” theme. The Warburton Park Playground Priority Description
A critical need mandated,
emergency, or under
construction
B maintenance system reliability
and/or ongoing operations
C future system needs or future
regulatory requirements
D not critical, but achieve
efficiencies and/or
sustainability
$2.8
$0.5
$4.5
$-
$-
$4.0
$8.0
$12.0
$16.0
Priority A Priority B Priority C Priority D $0.0
$15.4
$4.5
$0.0 $0.0
$2.0
$4.0
$6.0
$8.0
$10.0
$12.0
$14.0
$16.0
$18.0
Priority A Priority B Priority C Priority D Millions
Henry Schmidt Playground
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Considerations for playground rehabilitation include:
 Elements of Play: incorporation of a variety of play activities, including swinging, climbing, brachiating, spinning, sliding, balancing, sensory, and free play.
 Play Value: evaluation of how many community members are served, and how often and for how long equipment is used.
 Inclusive Play: thoughtful application of universal design principles to provide diverse activities that address the physical, social-emotional, sensory, cognitive, and communicative needs of all children, including those with disabilities.
 Youth Physical Activity: promotion of active play and support for the developmental progression of skills through healthy movement.
 Nature Play: integration of natural elements and living landscapes to encourage higher levels of physical activity, increase play value, and enhance environmental sustainability.

The City collaborates with landscape and building architects to design new play spaces, incorporating community input through the Parks and Recreation Commission.

Each year, 25% of Quimby and MFA of fees collected, net of the 2% allocated to the Park Impact Fees Monitoring Project, is allocated to the Parkland Acquisition project to support future parkland acquisition and the City’s longterm park service level goals.

To guide the allocation of remaining funds as revenues are received, the Parks & Recreation Department established the following funding strategies and project priorities:

Funding Strategies

1. Completion of Existing Projects
a. Example: addressing construction cost increases (e.g., inflation) for projects that have not yet been awarded.

3. Community Wide Service Area Facilities (serving the greatest number of residents) 428
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4. Park In-Lieu Fee Program
a. Example: project application review, facility condition assessment, land value appraisals, studies, furniture, fixtures, and equipment for developer-delivered parks.

Future projects funded by Quimby and MFA revenues will consider the geographic areas in which fees are generated, consistent with nexus requirements, while balancing citywide park system needs.

Major Accomplishments
City-Funded Projects:
 Henry Schmidt Park Playground Rehabilitation -
The project is in the construction phase. The
contractor has constructed a temporary pathway to
the park building. Demolition, grading, clearing, and
grubbing are in process. Upcoming work includes
rough grading and installation of underground
utilities, such as irrigation.
 Warburton Park Playground Rehabilitation
Project - The project has entered into the design
phase, with 95% of Plans, Specifications, and
Estimates being reviewed by various internal
departments and stakeholders.
 Central Park New Entrance, Access, & Parking Improvements - The project is in the construction phase.

The contractor has initiated work, including public noticing, best management practices installation, mobilization, tree protection and removal, and Phase 1 pathway removal. A portion of the pathway near the arbor has been removed and replaced.

Developer-Funded Parks: Developer-funded parks are constructed and financed by private developers as part of new development projects to meet parkland dedicated requirements or in-lieu fee obligations. This is pursuant to the Quimby Act or Mitigation Fee Act under City Code Chapter 17.35 “Park and Recreational Land.” These parks are delivered through a collaborative effort between the developers and the Parks & Recreation Department. While these projects do not utilize City funds, they represent important additions to the City’s park system.

Warburton Park
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 Calle Del Mundo Park: located at 2309 Calle Del
Mundo, this project transformed 0.36 acres into a
vibrant space featuring barbeque facilities, picnic
areas, a walking loop with seating, a dedicated offleash dog park with separate areas for large and small dogs, and a playground. The park was
transferred to the City in September 2025.
 Calle De Luna Park: located at 2330 Calle De Luna,
this one-acre park features colorful play equipment
including slides, a climbing wall, and disc swings, as
well as a walking loop with benches and a dedicated
off-leash dog park, all designed to support active
play, recreation, and community engagement. The
park was transferred to the City in May 2025.
 Gateway Crossing Park: located at 360 Brokaw
Road, is a dynamic and inclusive community
destination that supports active recreation, social
interaction, and relaxation for residents of all ages
and abilities. The 2.1-acre park features a
playground, a dedicated off-leash dog park, outdoor
fitness equipment, an expansive lawn area, a
walking loop, and picnic tables with integrated game
boards. The park was transferred to the City in
August 2025.

Financing Sources
Measure I General Obligation (GO) Bond Funding
On November 5, 2024, voters in the City of Santa Clara approved ballot Measure I, the Public Facilities and Infrastructure Bond Measure that authorized the issuance of $400 million of general obligation (GO) bonds. Of this amount, $36.7 million is allocated to projects within the Parks and Trails theme, and $3.0 million is programmed in this CIP.

General Fund (Capital Projects Reserve)
The General Fund Capital Projects Reserve is used to support the City’s general capital projects.

Park in Lieu Fees (Quimby and MFA)
In July 2014, the City Council adopted Ordinance No.1928, which added Chapter 17.35 “Park and Recreational Land” to the Santa Clara City Code to require new residential developments after September 13, 2014 to provide developed park and recreational land, and/or pay a fee in-lieu thereof pursuant to the Quimby Act (“Quimby”) and/or the Mitigation Fee Act (“MFA”).

Calle Del Mundo Park
Gateway Crossing Community Park
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Some rehabilitation, renovation, and park improvement projects may have operating impacts, depending on their final scope. The cost of operating new or expanded facilities or infrastructure will be incorporated into the operating budget in the fiscal year assets become operational once those costs are identified.

Unfunded Needs
As illustrated in the chart below, the total funding need for the Parks and Trails program is $107.8 million over the next five years. Of this amount, $19.9 million is funded, leaving approximately $87.9 million in unfunded needs. This analysis does not include all the project needs identified in the Facility Condition Assessment (Kitchell 2018).

The table below highlights the projects on the unfunded list in the Parks and Trails category. For more project information, please see the Unfunded Projects – Parks and Trails list at the end of this section.

Funded, $19.9 M,

18.5%
Unfunded,
$87.9 M, 81.5%
Parks & Trails
Total Funding Needs = $107.8 M
$1.6 M
$86.3 M
$0.0
$20.0
$40.0
$60.0
$80.0
$100.0
Park Improvements Aged Infrastructure at Critical/Poor Parks $ in Millions Unfunded
431
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The unfunded Aged Infrastructure at Critical/Poor Parks project addresses the remaining needs identified in the Facility Needs Assessment (Kitchell, 2018). While $86.3 million is identified as unfunded in this CIP, the actual cost is expected to exceed the currently identified unfunded amount due to several factors:
 It does not include enhancements to existing park and infrastructure offerings (it assumes a like-for-like replacement).
 Project delays may result in additional cost escalation.  It does not factor in the need to expand capacity and parkland in line with population increases.

Looking ahead, unfunded needs may be supported through a combination of the park in-lieu fees, General Fund contributions, grants, user fees, and external partnerships and donations. Additional revenue sources may also be explored, including dedicated taxes, bond measures, and/or assessments. $1.0 M
$1.6 M
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
Park Improvements $ in millions
Funded Unfunded
432
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FUNDED PROJECTS BUDGETED COST SUMMARY
Parks and Trails Project 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-Year CIP Total
3001 - Park Improvements
and Repairs $957,374 $489,000 $504,000 - - - $993,000
3127 - Parkland Acquisition $13,930,466 - - - - - - 3128 - MFA Developer Reimbursement $210,572 - - - - - - 3130 - Maywood Park
Playground Rehabilitation $2,595,115 $2,682,000 $116,700 - - - $2,798,700 3131 - Earl Carmichael Park
Playground Rehabilitation $507,705 - $65,700 $5,600,450 - - $5,666,150 3132 - Community Park
North - Phase I $500,000 - - $4,500,000 - - $4,500,000
3133 - Central Park Access &
Parking Improvements $5,506,138 - - - - - - 3137 - Warburton Park Playground Rehabilitation $1,203,400 $1,125,000 - - - - $1,125,000 3177 - Youth Soccer Fields &
Athletic Facilities- Reed &
Grant Street
$1,148,611 - - - - - - 3181 - Park Impact Fees
(Quimby and MFA)
Monitoring Project
$830,323 - - - - - - 3183 - Central Park Magical
Bridge Playground $969,053 - - - - - - 3190 - Mary Gomez Park Playground Rehabilitation $414,000 - $55,745 $1,736,000 - - $1,791,745 3194 - FF&E Developer
Delivered Parkland LSAP $30,894 - - - - - - 3195 - Henry Schmidt Park Playground Rehabilitation $3,588,036 - - - - - - 6252 - Warburton Park Playground Renovations - $3,000,000 - - - - $3,000,000
6253 - Henry Schmidt
Playground Renovation $4,325,000 - - - - - - Total Parks and Trails Projects $36,716,687 $7,296,000 $742,145 $11,836,450 - - $19,874,595 433
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3001 - PARK IMPROVEMENTS AND REPAIRS
Project Number: 3001 Theme / Category: Parks and Trails Year Initiated: 2013 Project Manager: Damon Sparacino
Planned Completion Year: Ongoing Department: Parks & Recreation Project Type: Ongoing Fund: 532 - Parks and
Recreation
Strategic Pillar 03 - Enhance Community Sports, Recreational and Arts Assets
Location Various facilities throughout the park system
Project Description This ongoing project provides funding for the refurbishment, repair, or replacement of park assets and amenities, including sports courts, pathways, parking lots, signage, picnic areas, irrigation systems, restrooms, building exteriors and windows, sports turf, lighting, HVAC and electrical systems, roofs, and security systems. Specific projects are identified through park master planning efforts or as replacement needs arise and are implemented as funding becomes available.

Most improvements funded through this program are smaller in scale and do not qualify for the use of Park In-Lieu fees, requiring General Fund – Capital Project Reserve support instead.

Prior to FY 2026/27, this project was titled “Park Improvements." Funding Sources General Fund – Capital Project Reserve
Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $2,995,890 $957,374 $489,000 $504,000 - - - $4,946,264 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $2,752,988 $851,465 $454,770 $468,743 - - - $4,527,966 Contingencies/Misc $368 - - - - - - $368
Engineering $167,435 $105,909 $34,230 $35,257 - - - $342,831 Equipment $38,235 - - - - - - $38,235
Personnel $36,864 - - - - - - $36,864
Total Expenditures $2,995,890 $957,374 $489,000 $504,000 - - - $4,946,264 Operating Impacts - - - - - -
434
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3130 - MAYWOOD PARK PLAYGROUND REHABILITATION
Project Number: 3130 Theme / Category: Parks and Trails Year Initiated: 2019 Project Manager: Huy Nguyen
Planned Completion Year: 2028 Department: Parks & Recreation Project Type: Distinct Fund: 532 - Parks and
Recreation
Strategic Pillar 03 - Enhance Community Sports, Recreational and Arts Assets
Location Maywood Park
Project Description In September 2013, the City Council adopted a goal to “enhance community sports and recreational assets.” Since then, the City of Santa Clara has committed to providing measurable play value in inclusionary, environmentally sustainable, and age-appropriate Parks & Recreation facilities for all residents. In the City’s 2018 Facility Condition Assessment Report (Kitchell), Maywood Park Playground was identified as “Critical” and recommended for immediate replacement.

The Maywood Park playground is proposed to be rehabilitated to meet accessibility standards, latest building codes, consumer product safety guidelines, measurably improve recreational play value and increase playground capacity. Scope of work also includes installation of pickle ball courts, installation of ADA-compliant parking spaces, upgrades to existing picnic areas to meet ADA standards, provide a walking loop around the park, expand entry into the existing parking lot to minimize potential vehicle collisions, provide a new shared structure at the new playground area, new pathway lighting, minor upgrade to existing building restrooms to meet building codes, add an electrical Vehicle Charging Station and electrical upgrades.

Funding Sources Park In-Lieu Fees and Grants
Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $2,595,115 $2,682,000 $116,700 - - - $5,393,815 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - $1,975,955 $2,650,000 - - - - $4,625,955 Engineering - $619,160 - - - - - $619,160
PW Proj. Deliv. Design - - $32,000 $43,000 - - - $75,000 PW Proj. Deliv. Const. - - - $73,700 - - - $73,700
Total Expenditures - $2,595,115 $2,682,000 $116,700 - - - $5,393,815 Operating Impacts - - - - - -
435
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3131 - EARL CARMICHAEL PARK PLAYGROUND REHABILITATION
Project Number: 3131 Theme / Category: Parks and Trails Year Initiated: 2019 Project Manager: Huy Nguyen
Planned Completion Year: 2029 Department: Parks & Recreation Project Type: Distinct Fund: 532 - Parks and
Recreation
Strategic Pillar 03 - Enhance Community Sports, Recreational and Arts Assets
Location Earl Carmichael Park
Project Description In September 2013, the City Council adopted a goal to “Enhance Community Sports and Recreational Assets.” The City’s 2018 Facility Condition Assessment Report (Kitchell) rated the Earl Carmichael Park Playground as “Critical” and recommended immediate replacement, and the Parks & Recreation Commission subsequently prioritized the site for rehabilitation.

The project includes full rehabilitation to meet current standards and incorporate the seven elements of play, along with accessibility upgrades to parking and pathways, ADA-compliant improvements to the picnic area, and construction of a new walking loop. Additional improvements may include a playground shade structure, pathway and tennis court lighting, new baseball and pickleball courts, EV charging stations with electrical upgrades, expanded parking, restroom upgrades, backflow prevention systems, and renovation of the Gymnastics Center to meet ADA standards and support Wi-Fi connectivity.

Measure I Bond funding will also be allocated to the Earl Carmichael Park Playground Renovations project as part of Tranche 2 to supplement this project.

Funding Sources Mitigation Fee Act Funds
Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $507,705 $65,700 - $5,600,450 - - $6,173,855 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - - $5,600,450 - - $5,600,450
Engineering - $507,705 - - - - - $507,705
PW Proj. Deliv. Design - - - $64,000 - - - $64,000
PW Proj. Deliv. Const. - - - $1,700 - - - $1,700
Total Expenditures - $507,705 - $65,700 $5,600,450 - - $6,173,855 Operating Impacts - - - - - -
436
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3132 - COMMUNITY PARK NORTH - PHASE I
Project Number: 3132 Theme / Category: Parks and Trails Year Initiated: 2019 Project Manager: Damon Sparacino
Planned Completion Year: 2029 Department: Parks & Recreation Project Type: Distinct Fund: 532 - Parks and
Recreation
Strategic Pillar 03 - Enhance Community Sports, Recreational and Arts Assets
Location Undeveloped Related Properties
Project Description Per the Developer agreement, the City received a 34.9-acre parcel, formerly a part of the City's golf course, to develop Santa Clara’s second community park. Phase I of the project includes community outreach, schematic design and design development, and program planning. Phase l improvements will be identified after the community outreach process and may include restrooms, a multi-purpose sports field (baseball, cricket, lacrosse, other), a perimeter pathway connected to picnic areas, and other amenities.

Timing on this project is linked to the Related Santa Clara project schedule. Once completed, this project is expected to have operating budget impacts. Those costs will be determined in future CIP once the project scope and timeline are developed.

Funding Sources Developer Contributions

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $500,000 - - $4,500,000 - - $5,000,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - - $4,500,000 - - $4,500,000
Engineering - $500,000 - - - - - $500,000
Total Expenditures - $500,000 - - $4,500,000 - - $5,000,000 Operating Impacts - - - - - -
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3137 - WARBURTON PARK PLAYGROUND REHABILITATION
Project Number: 3137 Theme / Category: Parks and Trails Year Initiated: 2019 Project Manager: Huy Nguyen
Planned Completion Year: 2027 Department: Parks & Recreation Project Type: Distinct Fund: 532 - Parks and
Recreation
Strategic Pillar 03 - Enhance Community Sports, Recreational and Arts Assets
Location Warburton Park
Project Description In September 2013, the City Council adopted a goal to “enhance community sports and recreational assets.” Since then, the City of Santa Clara has committed to providing inclusive, sustainable, age-friendly Parks & Recreation facilities with measurable play value. The City’s 2018 Facility Condition Assessment Report (Kitchell) identified the Warburton Park playground as “Critical” and recommended immediate replacement, and the Parks & Recreation Commission prioritized it as a Measure I Bond-funded project.

This project will renovate the Warburton Park playground to meet accessibility and safety standards, while enhancing recreational play value and expanding use.

Phase I of the Warburton Park rehabilitation project includes the full rehabilitation of the existing playground to meet current play standards and incorporate the seven elements of play. Additional improvements will address accessibility upgrades to pathways, ADA-compliant renovations to the existing picnic area, and construction of a new walking loop around the park. The scope also provides for optional improvements such as installation of a playground shade structure and expanded basketball courts. Phase II of the Warburton Park rehabilitation project will include the pool and aquatic facility.

Measure I Bond funding has been allocated to the Warburton Park Playground Renovations project (see separate project sheet) as part of Tranche 1 to supplement this project.

Funding Sources Quimby Act Fees

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $128,400 $1,203,400 $1,125,000 - - - - $2,456,800 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - $998,900 $1,000,000 - - - - $1,998,900
Engineering $128,400 $204,500 - - - - - $332,900
PW Proj. Deliv. Const. - - $125,000 - - - - $125,000
Total Expenditures $128,400 $1,203,400 $1,125,000 - - - - $2,456,800 Operating Impacts - - - - - -
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3190 - MARY GOMEZ PARK PLAYGROUND REHABILITATION
Project Number: 3190 Theme / Category: Parks and Trails Year Initiated: 2019 Project Manager: Huy Nguyen
Planned Completion Year: 2029 Department: Parks & Recreation Project Type: Distinct Fund: 532 - Parks and
Recreation
Strategic Pillar 03 - Enhance Community Sports, Recreational and Arts Assets
Location Mary Gomez Park
Project Description In September 2013, the City Council adopted a goal to “enhance community sports and recreational assets.” Since then, the City of Santa Clara has committed to providing inclusive, sustainable, age-friendly Parks & Recreation facilities with measurable play value. In the City’s 2018 Facility Condition Assessment Report (Kitchell), Mary Gomez Park Playground was identified as “Critical” and recommended immediate replacement.

The project will renovate the playground to meet accessibility and safety standards, while enhancing recreational play value. Improvements include new playground equipment and amenities to serve a growing and diverse population, ADA-compliant parking spaces, upgrades to the picnic area to meet ADA standards, a new walking loop, playground shade structure, pathway lighting, minor upgrade to existing restrooms to meet building codes, and installation of EV charging stations with electrical upgrades.

Measure I Bond funding will be allocated to the Mary Gomez Park Renovations project as part of Tranche 2 to supplement this project. Additional funds will be allocated from MFA fees at construction award.

Funding Sources Mitigation Fee Act Fees

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - $414,000 - $55,745 $1,736,000 - - $2,205,745 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - - - $1,736,000 - - $1,736,000
Contingencies/Misc - $54,000 - - - - - $54,000
Engineering - $360,000 - - - - - $360,000
PW Proj. Deliv. Design - - - $49,045 - - - $49,045
PW Proj. Deliv. Const. - - - $6,700 - - - $6,700
Total Expenditures - $414,000 - $55,745 $1,736,000 - - $2,205,745 Operating Impacts - - - - - -
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6252 - WARBURTON PARK PLAYGROUND RENOVATIONS
Project Number: 6252 Theme / Category: Parks and Trails Year Initiated: 2026 Project Manager: Damon Sparacino
Planned Completion Year: 2029 Department: Parks & Recreation Project Type: Distinct Fund: 613 - Measure I GO
Bond Projects Fund
Strategic Pillar 03 - Enhance Community Sports, Recreational and Arts Assets
Location Warburton Park
Project Description The project will deliver a comprehensive renovation of Warburton Park’s playground facilities. Planned improvements include new play structures, safety surfacing, landscaping, and accessibility upgrades to create a safe, inclusive, and engaging play environment for children.

Additional funding for Warburton Park is provided under the separate Warburton Park Playground Renovation project funded by Quimby Act fees.

Funding Sources Measure I General Obligation Bond Proceeds

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources - - $3,000,000 - - - - $3,000,000
Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction - - $3,000,000 - - - - $3,000,000
Total Expenditures - - $3,000,000 - - - - $3,000,000
Operating Impacts - - - - - -
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UNFUNDED PROJECTS PARKS AND TRAILS
3001 - Park Improvements and Repairs
FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total - - $518,780 $534,343 $550,374 $1,603,497 This project funds the refurbishment, reconstruction or repair of park sports courts, pathways, parking lots, signs, picnic areas, irrigation systems, restrooms, windows and building exteriors, sports turf, lighting, HVAC, electrical systems, roofs, security systems and related facilities. Projects are identified during park master planning or as replacement needs arise. Projects move forward as funding becomes available.

This is an ongoing project; funds are used for smaller scale projects and renewal or replacement of park assets and amenities. Most projects will not qualify for use of Park in-Lieu fees and will require funding from General Fund - Capital Project Reserves. The project is funded in FY 2026/27 and FY 2027/28 from the General Fund – Capital Project Reserve but is unfunded for FY 2028/29 through FY 2030/31.

FY27 Temp 25 - Aged Infrastructure at Critical/Poor Parks FY 2026/27 FY 2027/28 FY 2028/29 FY 2029/30 FY 2030/31 Five-Year CIP Total - - - - $86,332,309 $86,332,309 In September 2013, the City Council adopted a goal to “enhance community sports and recreational assets.” Since then, the City of Santa Clara has committed to providing measurable play value in inclusionary, environmentally sustainable, age-friendly Parks & Recreation facilities for all residents.

The City’s 2018 Facility Condition Assessment Report (Kitchell) analyzed all park sites and buildings and established a 20-year like-for-like renewal/replacement schedule (no expansion). This project addresses the years through FY 2030/31 and takes into consideration projects that have already been completed.

Some of the more critical projects have been addressed, but deficiencies remain in 26 of the 42 parks assessed. With the passage of Measure I, $18 million in General Obligation Bond funding will be allocated towards improvements to aging parks and facilities in the future. The remaining needs are unfunded and will require further evaluation through other funding sources, such as park in-lieu fees.

Five-Year CIP Total Unfunded Need: $87,935,806
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Sewer Utility
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INTRODUCTION
The Sewer Utility capital projects are designed to maintain reliable, high‑quality sewer collection services for Santa Clara’s residents and businesses. The City’s sewer system carries wastewater to the jointly owned San José–Santa Clara Regional Wastewater Facility for treatment. This capital program also supports the City’s Council‑approved Sanitary Sewer Management Plan, which guides efforts to safeguard public health and protect the environment.

Sewer Utility Program Infrastructure
Sanitary Sewer Lift/Pump Stations 7
Miles of Sanitary Sewer System 288
Lateral Connections (approximate) 26,000
Discharge into Collection System 13-14 million gallons
Funding Our Top Priorities
The projects included in the CIP were determined in accordance with both the City Council’s strategic pillars and the budget priorities. As a joint owner of the Regional Wastewater Facility (RWF), the City of Santa Clara coordinates with the City of San José to determine the funding required for this ongoing project. Additionally, program priorities are guided by the Sanitary Sewer Master Plan, which is updated periodically. This plan identifies any deficiencies in the sewer infrastructure that need to be addressed to ensure reliability. Projects in the Sewer Utility program fall under one strategic pillar as shown in the chart below.

Deliver and
Enhance High
Quality
Efficient
Services and
Infrastructure,
$156.9 M,
100%
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FY 20 2 6/ 2 7 A N D F Y 2 02 7 / 2 8 P RO P O S E D C A P I T A L I M P R O V E M E N T P R O G RA M B UD G E T | S E W E R U T I L IT Y The five-year CIP Sewer Utility budget totals $156.9 million. The CIP projects were prioritized by the following criteria:

San José-Santa Clara Regional Wastewater Facility
This project funds the City of Santa Clara’s share of the 30‑year Capital Improvement Program (CIP) at the jointly owned San José–Santa Clara Regional Wastewater Facility (RWF). As co‑owner with the City of San José, Santa Clara participates in planning and oversight of CIP investments through ongoing staff collaboration and through City Council representation on the Treatment Plant Advisory Committee (TPAC).

Sanitary Sewer Condition Assessment
This project supports the ongoing evaluation of the City’s sanitary sewer system through scheduled Closed-Circuit Television (CCTV) inspections. The system is assessed on a seven‑year cycle, and identified issues are rated using industry‑standard criteria, including the National Association of Sewer Service Companies (NASSCO) rating system. Each year, the
highest‑priority deficiencies are selected for repair and addressed through the Sewer System Improvement CIP project.
$1.8
$140.6
$14.5
$0.0
$0.0
$20.0
$40.0
$60.0
$80.0
$100.0
$120.0
$140.0
$160.0
Priority A Priority B Priority C Priority D Millions
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This project addresses high priority deficiencies identified through the condition assessments. Projects are prioritized based on both the likelihood of and the consequence of failure. In addition to these projects, there are costs in this project for adjustments of sewer facilities in the public right-of-way required for public works projects.

Sanitary Sewer Capacity Improvements
This project funds the design and construction of sanitary sewer infrastructure needed to address capacity deficiencies identified in the 2025 Sanitary Sewer Master Plan Update. Its purpose is to ensure the system can reliably meet current demands and accommodate future growth, infrastructure deterioration, and other factors that may affect capacity. Ongoing analysis—including updated hydraulic modeling, field observations, and additional studies—continues to identify where capacity upgrades are needed.

Major Accomplishments
 Awarded the 2024 Collection System of the Year – Medium Size from the California Water Environment Association (CWEA), the 3rd such award in the last 4 years.  Department completes approximately 170,000 linear feet of CCTV inspection of sewer infrastructure and approximately 500,000 linear feet of flushing/jetting annually.  Completed the Sanitary Sewer Master Plan in 2025.
 Continued to actively participate in TPAC including review, coordination, and oversight of capital projects at co-owned RWF.

Financing Sources
Customer Service Charges
The Sewer Utility program is funded through transfers from the Sewer Utility Fund. This utility generates revenue primarily through customer service charges from both residences and businesses.

Debt Issuance
The San José-Santa Clara RWF project has significant costs. In accordance with costs estimates provided to the City by the City of San José, the Water and Sewer Utilities Department entered into an Installment Sale Agreement for $50.0 million in June 2020. The Department drew down $20.0 million prior to the close of FY 2019/20. In October 2023, $35.0 million of Wastewater Revenue Certificates of Participation were issued to repay that drawdown and provide an extra $15.0 million to fund RWF projects. Staff anticipates additional debt issuances for the RWF, based on the City of San José’s latest five-year plan estimates. These issuances are currently planned in FY 2026/27, FY 2028/29, and FY 2030/31.

Operating Budget Impacts
There are no additional operating budget impacts associated with the funded projects.

Unfunded Needs
Through this five-year CIP, all capital needs in the Sewer Utility program are fully funded. 447
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FUNDED PROJECTS BUDGETED COST SUMMARY
Sewer Utility Project 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Five-Year CIP Total
1908 - S.J.-S.C. Regional
Wastewater Facility $8,194,682 $21,861,787 $23,438,472 $18,272,451 $16,749,146 $43,796,349 $124,118,205 1909 - Sanitary Sewer Capacity
Improvements $49,283,067 $4,665,151 $2,305,000 $1,500,000 $1,328,550 $4,750,627 $14,549,328 1911 - Sanitary Sewer System
Condition Assessment $1,894,717 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $5,000,000 1912 - Sanitary Sewer System
Improvements $6,931,462 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $10,000,000 1916 - Walsh Avenue @ San
Tomas Aquino Creek Sanitary
Sewer Siphon Relocation
$750,000 - - - - - - 1919 - Sanitary Sewer Hydraulic
Modeling As Needed Support $1,235,373 $395,281 $397,471 $199,653 $100,000 $100,000 $1,192,405 1920 - Sanitary Sewer Master
Plan Update $118,574 $108,160 $112,487 $116,985 $121,665 $126,532 $585,829 1921 - Public Works Paving
Support - Sewer $500,000 $300,000 $300,000 $300,000 $300,000 $300,000 $1,500,000 Total Sewer Utility Projects $68,907,875 $30,330,379 $29,553,430 $23,389,089 $21,599,361 $52,073,508 $156,945,767

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1908 - S.J.-S.C. REGIONAL WASTEWATER FACILITY
Project Number: 1908 Theme / Category: Sewer Utility
Year Initiated: 2008 Project Manager: Lawrence Tam
Planned Completion Year: 2043 Department: Water and Sewer Utility Dept
Project Type: Distinct Fund: 594 - Sewer Utility
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Los Esteros Road, San Jose
Project Description The Regional Wastewater Facility (RWF) is jointly owned by the City of San José and the City of Santa Clara (City). This project funds the City of Santa Clara’s portion of the RWF infrastructure rebuild. This project is based on the 2013 Plant Master Plan that had an anticipated 30-year rebuilding period. The next five years of this CIP, approximately $135.3 million is scheduled. This five-year estimate reflects the latest information provided by the City of San José. With guidance from City Council and the Treatment Plant Advisory Committee, City staff works closely with City of San José staff on the RWF capital expenditures. This project is proposed to be partially funded by debt issuances currently planned in FY 2026/27, FY 2028/29 and FY 2030/31.

Funding Sources Sewer Customer Service Charges; Debt Issuance Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $238,653,071 $8,194,682 $21,861,787 $23,438,472 $18,272,451 $16,749,146 $43,796,349 $370,965,958 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $209,819,617 $8,194,682 $21,861,787 $23,438,472 $18,272,451 $16,749,146 $43,796,349 $342,132,504 Transfers Out $28,833,454 - - - - - - $28,833,454
Total Expenditures $238,653,071 $8,194,682 $21,861,787 $23,438,472 $18,272,451 $16,749,146 $43,796,349 $370,965,958 Operating Impacts - - - - - -
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1909 - SANITARY SEWER CAPACITY IMPROVEMENTS
Project Number: 1909 Theme / Category: Sewer Utility
Year Initiated: 2008 Project Manager: Brandon Coco
Planned Completion Year: Ongoing Department: Public Works Project Type: Ongoing Fund: 594 - Sewer Utility
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This ongoing project funds the study, design, and construction of sanitary sewer infrastructure improvements to address capacity deficiencies identified in the latest Sanitary Sewer Master Plan as well as improvements to meet increased capacity needs to support Santa Clara customers.

Funding Sources Sewer Conveyance Fees

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $7,388,342 $49,283,067 $4,665,151 $2,305,000 $1,500,000 $1,328,550 $4,750,627 $71,220,737 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $4,652,161 $18,867,396 $3,282,258 $2,200,000 $1,500,000 $1,328,550 $4,750,627 $36,580,992 Contingencies/Misc $3,677 $1,161,290 $750,000 - - - - $1,914,967 Engineering $757,954 $28,824,806 $579,893 - - - - $30,162,653 Transfers Out $50,421 - - - - - - $50,421
Personnel $1,924,129 $429,575 - - - - - $2,353,704
PW Proj. Deliv. Design - $53,000 $24,000 $77,000
PW Proj. Deliv. Const. - - $81,000 $81,000
Total Expenditures $7,388,342 $49,283,067 $4,665,151 $2,305,000 $1,500,000 $1,328,550 $4,750,627 $71,220,737 Operating Impacts - - - - - -
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1911 - SANITARY SEWER SYSTEM CONDITION ASSESSMENT
Project Number: 1911 Theme / Category: Sewer Utility
Year Initiated: 2009 Project Manager: Jason Wong
Planned Completion Year: Ongoing Department: Water and Sewer Utility Dept
Project Type: Ongoing Fund: 594 - Sewer Utility
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project funds the condition assessment of the City’s sanitary sewer system. The assessment includes identifying and cataloging defects and prioritizing needed repairs or replacements. While the full system is evaluated on a seven‑year cycle, this project specifically supports the inspection of large‑diameter sewer mains (greater than 12 inches), force mains, and siphons. Funding is tied to on‑call assessment agreements approved by the City Council in 2024.

Funding Sources Sewer Customer Service Charges

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $6,281,637 $1,894,717 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $13,176,354 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $3,581,193 $1,894,717 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $10,475,910 Engineering $2,624,942 - - - - - - $2,624,942
Personnel $75,502 - - - - - - $75,502
Total Expenditures $6,281,637 $1,894,717 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $13,176,354 Operating Impacts - - - - - -
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1912 - SANITARY SEWER SYSTEM IMPROVEMENTS
Project Number: 1912 Theme / Category: Sewer Utility
Year Initiated: 2012 Project Manager: Lawrence Tam
Planned Completion Year: Ongoing Department: Water and Sewer Utility Dept
Project Type: Ongoing Fund: 594 - Sewer Utility
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project funds the repair of the highest‑priority deficiencies identified through the sanitary sewer condition assessment (Project 1911). Future‑year funding will support the design and construction of additional sewer repairs as specific needs are identified. Under this project, the Water & Sewer Utilities Department oversees system‑wide condition evaluation and determines necessary repairs. Projects requiring construction are then referred to the Department of Public Works for design and implementation.

Funding Sources Customer Service Charges

Funding Sources All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Total Sources $14,799,338 $6,931,462 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $31,730,800 Expenditures All Prior
Actuals 2025/26 2026/27 2027/28 2028/29 2029/30 2030/31 Total Construction $11,554,509 $6,065,974 $1,844,000 $1,650,000 $2,000,000 $1,650,000 $2,000,000 $26,764,483 Contingencies/Misc $213,709 $136,270 - - - - - $349,979 Engineering $1,295,172 $729,218 - $303,000 - $350,000 - $2,677,390 Equipment $65,920 - - - - - - $65,920
Personnel $653,611 - - - - - - $653,611
PW Proj. Deliv. Design - - $31,000 $47,000 - - - $78,000 PW Proj. Deliv. Const. - - $125,000 - - - - $125,000
Transfers Out $1,016,417 - - - - - - $1,016,417
Total Expenditures $14,799,338 $6,931,462 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $31,730,800 Operating Impacts - - - - - -
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1919 - SANITARY SEWER HYDRAULIC MODELING AS NEEDED

SUPPORT

Project Number: 1919 Theme / Category: Sewer Utility
Year Initiated: 2019 Project Manager: Brandon Coco
Planned Completion Year: Ongoing Department: Public Works Project Type: Ongoing Fund: 594 - Sewer Utility
Strategic Pillar 02 - Deliver and Enhance High Quality Efficient Services and Infrastructure
Location Citywide
Project Description This project funds hydraulic modeling necessary to ensure sufficient capacity is maintained in the sanitary sewer collection system. Activities performed under this project include updating and maintaining the hydraulic model to reflect current land uses and projects, flow studies, review of planning proposals, and review of project proposals for capacity impacts to the sanitary sewer collection system. The Department of Public Works currently has a consultant agreement assisting with this work. No additional funding is needed in FY 2028/29 and FY 2030/31 as there is sufficient contract budget for FY 2026/27 and FY 2027/28.

City Council and Authorities ConcurrentJune 9, 2026

City Council and Authorities Concurrent
June 9, 2026