Attachment 4
Department/Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance -
Reserve for Future Uses /
Reserve for Future Uses
20,000,000 20,000,000 This action carries over the Reserve for Future Uses budgeted in FY 2025/26 and establishes the
reserve in FY 2026/27. There is an item on the
6/23/26 City Council Agenda (RTC 26-663) to
discuss the potential uses of these funds (five
affirmative Council votes required for the use of
unused balances).
Unrestricted Beginning Fund
Balance / Non-Departmental
500,000 500,000 This action carries over sponsorship funding received in FY 2025/26 and appropriates it to Non-
Departmental for the "Where the Mission Meets the
Moment" campaign (five affirmative Council
votes required for the use of unused balances).
20,500,000 20,500,000
Department/Item
Source of
Funds
Use of
Funds Explanation
Other Revenue (Developer
Contributions) / Central
Expressway and Walsh Ave
Transmission Line Clearance
Project
1,863,750 1,863,750 This action increases the Other Revenue estimate to recognize Developer Contributions and
establishes the Central Expy and Walsh Ave
Transmission Line Clearance project. A customer
is installing a pedestrian bridge which, due to
required electrical clearances, will require the
installation of two new poles and other
improvements to raise the 60 kV transmission line
clearance adjacent to the San Tomas Aquino
Creek Trail between Central Expressway and
Walsh Ave. Silicon Valley Power (SVP) will provide
engineering, construction, and material support for
the project and all costs will be paid for by the
customer as outlined in a deposit agreement (five
affirmative Council votes required to
appropriate additional revenue).
1,863,750 1,863,750
Department/Item
Source of
Funds
Use of
Funds Explanation
Beginning Fund Balance / Earl
Carmichael Park Snack Shack
Rehabilitation Project
290,661 290,661 This action carries over funding for the Earl Carmichael Park Snack Shack Rehabilitation
project. The project will utilize insurance proceeds
received in FY 2025/26 to fund the design, repair,
and rehabilitation of the facility, with the goal of
restoring the building to a safe, functional, and
usable condition (five affirmative Council votes
required for the use of unused balances).
290,661 290,661
FY 2026/27 Budget Amendments
Electric Utility Capital Fund (591)
Parks and Recreation Capital Fund (532)
General Fund (001)
1