Attachment 2
Line Item Source of
Funds
Use of
Funds
Explanation
Beginning Fund Balance -
Discretionary Fund Reserve
$ 491,236 This action increases the Beginning Fund Balances for Discretionary Fund Reserve from $604,775 to
$1,096,011 as a result of FY 2025/26 year-end actuals
reconciliation.
Beginning Fund Balance - Operating
Reserve
$ 349 This action increases the Beginning Fund Balances for Operating Reserve from $27,684,328 to $27,684,677
as a result of FY 2025/26 year-end actuals
reconciliation.
Beginning Fund Balance - Public
Safety Cost Reserve
$ 109,552 This action increases the Beginning Fund Balances for Operating Reserve from $16,000 to $125,552 as a
result of FY 2025/26 year-end actuals reconciliation.
Beginning Fund Balance –
Renovation/Demolition Reserve
$ (182,482) This action decreases the Beginning Fund Balance for Renovation/Demolition Reserve from $53,529,143 to
$53,346,661 as a result of FY 2025/26 year-end
actuals reconciliation.
Beginning Fund Balance - Stadium
Funding Trust Reserve
$ (1,980,530) This action decreases the Beginning Fund Balance for Stadium Funding Trust Reserve from $7,802,882 to
$5,822,352 as a result of FY 2025/26 year-end actuals
reconciliation.
Beginning Fund Balance – Unrestricted $ 4,413,650 This action increases the Beginning Fund Balance – Unrestricted from $9,654,408 to $14,068,058 as a
result of FY 2025/26 year-end actuals reconciliation.
Ending Fund Balance - Discretionary
Fund Reserve
$ 491,236 This action increases the Ending Fund Balances for Discretionary Fund Reserve from $ $869,775 to
$1,361,011 as a result of FY 2025/26 year-end actuals
reconciliation.
Ending Fund Balance – Operating
Reserve
$ 349 This action increases the Ending Fund Balances for Operating Reserve from $28,515,328 to $28,515,677
as a result of FY 2025/26 year-end actuals
reconciliation.
Ending Fund Balance - Public Safety
Cost Reserve
$ 109,552 This action increases the Ending Fund Balance for Public Safety Cost Reserve from $0 to $109,552 as a
result of FY 2025/26 year-end actuals reconciliation.
Ending Fund Balance –
Renovation/Demolition Reserve
$ (182,482) This action decreases the Ending Fund Balance for Renovation/Demolition Reserve from $58,424,143 to
$58,241,661 as a result of FY 2025/26 year-end
actuals reconciliation.
Ending Fund Balance – Stadium
Funding Trust Reserve
$ (1,980,530) This action decreases the Ending Fund Balance for Stadium Funding Trust Reserve from $8,580,000 to
$6,599,470 as a result of FY 2025/26 year-end actuals
reconciliation.
Ending Fund Balance – Unrestricted $ 4,413,650 This action increases the Ending Fund Balance – Unrestricted from $5,885,290 to $10,298,940 as a
result of FY 2025/26 year-end actuals reconciliation.
Total$ 2,851,775$ 2,851,775
Santa Clara Stadium Authority
2026/27 Operating Budget Adjustment
1 Attachment 2
Line Item Source of
Funds
Use of
Funds
Explanation
Beginning Fund Balance - Debt
Service Reserve
$ 138,515 This action increases the Beginning Fund Balance from $9,358,100 to $9,496,615 as a result of FY
2025/26 year-end actuals reconciliation.
Ending Fund Balance - Debt
Service Reserve
$ 138,515 This action increases the Ending Fund Balance from $9,993,100 to $10,131,615 as a result of FY 2025/26
year-end actuals reconciliation.
Total$ 138,515$ 138,515
Santa Clara Stadium Authority
2026/27 Debt Service Budget Adjustment
2 Attachment 2
Line Item Source of
Funds
Use of
Funds
Explanation
Beginning Fund Balance $ (1,104,825) This action decreases the Beginning Fund Balance from $ $12,426,221 to $ $11,321,396 as a result of
FY 2025/26 year-end actuals reconciliation.
L2502: LED Retrofit Project - Phase 1 $ (1,070) Based on actual FY 2025/26 expenditures, this action decreases the project carryover budget from
$68,465 to $67,395.
L2505: Levi's Naming Rights Signage
Refurbishment
$ (397,950) Based on actual FY 2025/26 expenditures, this action decreases the project carryover budget from
$607,234 to $209,284.
L2004: Women's Locker Room $ (11,093) Based on actual FY 2025/26 expenditures, this action decreases the project carryover budget from
$19,051 to $7,958.
L2503: Broadcast Booth Window
System Replacement
$ (1,348) Based on actual FY 2025/26 expenditures, this action decreases the project carryover budget from
$169,380 to $168,032.
L2504: Expansion / Waterproofing /
Caulk Joint Replacements - Phase 2
$ (50,002) Based on actual FY 2025/26 expenditures, this action decreases the project carryover by from
$67,703 to $17,701.
L2608: Distribution - High Voltage (PSG
12 KV Electrical Power Study,
Assessment and Replacement at Quad
Substations)
$ (322,618) Based on actual FY 2025/26 expenditures, this action decreases the project carryover budget from
$338,476 to $15,858.
L1701: Main Kitchen Equipment $ (1,856) Based on actual FY 2025/26 expenditures, this action decreases the project carryover budget from
$303,555 to $301,699.
L2611: Medical Equipment - General
Allowance
$ (37,953) Based on actual FY 2025/26 expenditures, this action decreases the project carryover budget from
$109,460 to $71,507.
L2407: Plumbing - Boilers $ (108,154) Based on actual FY 2025/26 expenditures, this action decreases the project carryover budget from
$142,126 to $33,972.
L2408: Security - General Allowance $ (90,536) Based on actual FY 2025/26 expenditures, this action decreases the project carryover budget from
$188,555 to $98,019.
L2613: Replacement of end-of-life End
User equipment
$ 4,785 Based on actual FY 2025/26 expenditures, this
action increases the project carryover budget from
$2,619 to $7,404.
Santa Clara Stadium Authority
2026/27 CapEx Budget Adjustment
3 Attachment 2
Line Item Source of
Funds
Use of
Funds
Explanation
Santa Clara Stadium Authority
2026/27 CapEx Budget Adjustment
L2001: Radio Booth Cabling - Phase I $ (165) Based on actual FY 2025/26 expenditures, this action decreases the project carryover budget from
$580,031 to $579,866.
Ending Fund Balance $ (86,865) This action decreases the Ending Fund Balance to offset actions taken above from $429,362 to
$342,497.
Total$ (1,104,825)$ (1,104,825)
4