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CC 2017-04-11_10a Supplemental Item No. 1TO: FROM: SUBJECT DATE: Attachme in the exp as a 10-Y While sta Local Sa include a The attac during Fis any confu cc: Cit Cit Cit Pu CITY C DEBB T: SUPPL AGEN 5-YEA APRIL ent 2 to the pense plan Year plan fo aff continue les Tax is 10 year tim ched docum scal Years usion cause ty Manager ty Attorney ty Clerk ublic Review COUNCIL IE MALICO LEMENTAL DA ITEM 1 AR REVIEW L 10, 2017 Staff Repo . The Loca or purposes es to foreca just 5 yea meline. ment revise 2016-17 th ed. r w Binder MEM OAT, DIREC L INFORMA 0.A – APR W OF LOCA ort incorrect al Sales Ta s of aligning ast on a 10 ars. The to es the 5-Ye hrough 202 MORANDUM CTOR OF A ATION RIL 11, 2017 AL SALES T tly calculate ax Expense g with the G 0 year bas otal column ear Total co 20-21. Staf M ADMINIST 7 CITY CO TAX ed the 5-Ye e Plan had General Fun sis, the req n inadverte olumn to co ff regrets th RATIVE SE OUNCIL ME ear Total fo previously nd 10 Year quired revie ently retain orrectly ref he error an ERVICES EETING or the items been deve r Fiscal For ew period f ed formula lect the am nd apologiz s listed eloped recast. for the as that mounts zes for Item 2016-17 (Budget)2017-18 2018-19 2019-20 2020-21 5-Year Total Castillo Del Mar Road Improvements 143,075 - - - - 143,075 East Branch St Streetscape 130,752 - - - - 130,752 Fair Oaks/Orchard Rd Intersection Imp 50,000 - - - - 50,000 Halcyon Rd Complete Street Plan Study 7,899 - - - - 7,899 Swinging Bridge Reinforcement 202,437 - - - - 202,437 Traffic Way Bridge Improvements 13,605 48,200 - - - 61,805 Brisco Rd Interchange Project 200,000 350,000 350,000 350,000 350,000 1,600,000 Subtotal Transportation 747,768 398,200 350,000 350,000 350,000 2,195,968 Pavement Management Program 754,305 725,000 750,000 775,000 800,000 3,804,305 Striping and Sidewalk Improvements 51,975 60,000 115,000 120,000 125,000 471,975 Oak Park Rehabilitation Project 193,609 - - - - 193,609 East Grand Ave Sidewalk Imp 33,100 100,000 - - - 133,100 Street Maintenance 196,700 100,000 100,000 100,000 100,000 596,700 Construction Management/Inspection 43,600 44,400 45,300 46,200 47,100 226,600 Alpine St Waterline & Street Imp 73,558 - - - - 73,558 Soto Complex ADA Improvements Phase II 3,001 - - - - 3,001 ADA Ramps @ Mid-Block Crosswalks 3,025 3,025 Le Point St Parking Lot 633,800 - - - - 633,800 Subtotal Street/Park Improvements 1,986,673 1,029,400 1,010,300 1,041,200 1,072,100 6,139,673 Clark Properties Drainage Improvements 53,500 - - - - 53,500 Vard Loomis Drainage Improvements 50,000 - - - - 50,000 Retention Basin Maintenance 27,700 28,300 28,800 29,400 30,000 144,200 Stormwater Stream Monitoring 17,500 18,000 18,500 19,000 19,500 92,500 Open Channel Maintenance (Env & Permit)15,000 - - - - 15,000 Sierra/Hillcrest Drainage Design 20,000 - - - - 20,000 CMP Replacement - Huasna Rd - 88,000 - - - 88,000 El Camino Real Drainage Pipe 88,900 88,900 Stormwater Annual Permit & Program 15,000 15,000 16,000 16,000 16,000 78,000 Subtotal Drainage Improvements 287,600 149,300 63,300 64,400 65,500 630,100 CITY OF ARROYO GRANDE LOCAL SALES TAX FUND 5-Year Revenue and Expense Plan REVISED 4/10/17 SUPPLEMENTAL Item 2016-17 (Budget)2017-18 2018-19 2019-20 2020-21 5-Year Total CITY OF ARROYO GRANDE LOCAL SALES TAX FUND 5-Year Revenue and Expense Plan Five Cities Fire JPA 140,500 143,300 146,100 149,100 152,000 731,000 Fire Apparatus 28,800 28,800 28,800 28,800 28,800 144,000 Police Senior Officer Position - 186,600 192,200 198,000 203,900 780,700 Narcotics Task Force - 24,000 24,000 24,000 24,000 96,000 Police Firing Range - - - 120,000 - 120,000 Subtotal Public Safety 169,300 382,700 391,100 519,900 408,700 1,871,700 City Hall Debt Service 20,000 20,000 20,000 20,000 20,000 100,000 Document Imaging 7,500 - - - - 7,500 Council Chambers Accessibility Improvements 231,691 - - - - 231,691 Corporation Yard Upgrade 65,841 - - - - 65,841 Elm Street Community Center Upgrade 160,000 150,700 150,700 - - 461,400 Citywide Solar Panel Project 3,500 - - - - 3,500 Wireless Internet Access 7,707 - - - - 7,707 Electric Vehicle Charging Station 337 - - - - 337 IT Firewall Replacement 30,000 - - - - 30,000 City Hall Safety Improvement Project 15,156 - - - - 15,156 Financial Management System - - 200,000 - - 200,000 Subtotal City Facilities 541,732 170,700 370,700 20,000 20,000 1,123,132 Annual Audit and Sales Tax Report 7,500 7,500 7,500 7,500 7,500 37,500 Subtotal Other 7,500 7,500 7,500 7,500 7,500 37,500 Total Expenses 3,740,573 2,137,800 2,192,900 2,003,000 1,923,800 11,998,073 Projected Revenue 2,241,900 2,345,438 2,415,801 2,439,959 2,464,359 11,907,457 Revenue Over/(Under) Expenses (1,498,673) 207,638 222,901 436,959 540,559 (90,616) Beginning Fund Balance 1,709,361 210,688 418,326 641,227 1,078,186 Estimated Ending Fund Balance 210,688 418,326 641,227 1,078,186 1,618,745 Fund Balance as % of Revenues 9%18%27%44%66% REVISED 4/10/17 SUPPLEMENTAL THIS PAGE INTENTIONALLY LEFT BLANK