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RPVCCA_SR_2013_06_01_04_Draft_5_Year_Financial_ModelCITY OF MEMORANDUM 4o RANCHO PALOS VERDES TO: FROM: DATE: SUBJECT: REVIEWED: HONORABLE MAYOR &CITY COUNCIL MEMBERS DENNIS McLEAN,DIRECTOR OF FINANCE &~ INFORMATION TECHNOLOGY JUNE 1,2013 DRAFT 2013 FIVE-YEAR FINANCIAL MODEL CAROLYN LEHR,CITY MANAGER a9- Project Manager:Kathryn Downs,Deputy Director of Finance &Information Technology \Gf) RECOMMENDATION Review the draft 2013 Five-Year Financial Model ("2013 Model"),and provide direction to Staff. EXECUTIVE SUMMARY The 2013 Model is currently based on the draft FY13-14 budget,and includes decisions made by the City Council on April 30 th .Results indicate that the General Fund Reserve stays within 3%of policy level for the duration of the 2013 Model.Based upon the assumptions in the 2013 Model,it appears that only minor corrections will be needed over the next five years to continue delivering balanced General Fund budgets. The Finance Advisory Committee (FAC)reviewed the 2013 Model on April 17,2013 and May 8,2013 and prepared recommendations for the City Council's budget deliberations. The FAC's recommendation memorandum is included with the June 1,2013 "Draft FY13- 14 Budget"agenda item.The FAC also provided a number of suggestions for the 2013 Model,which have been incorporated into the current version. The City's Capital Improvement Projects (CIP)Reserve established by the City Council to provide for infrastructure rehabilitation is primarily funded with annual transfers from the General Fund equivalent to transient occupancy tax (TOT)revenue (about $3.7 million annually).Staff currently recommends funding $21.7 million of infrastructure projects over the next five years from the CIP Reserve.Although it is a good start,the CIP Reserve is not sufficient to finance all of the City's infrastructure needs as demonstrated by the following. 4-1 DRAFT 2013 FIVE-YEAR FINANCIAL MODEL June1,2013 Page 2 of 11 •On the City's books,infrastructure is carried at its historical cost of $157.5 million, less $73.2 million of depreciation.About one-quarter of the infrastructure cost was estimated at 1973 value,when the City was incorporated and assets were transferred from the county.Most of the infrastructure has estimated useful life ranging from 30 to 50 years.We can roughly estimate the hypothetical replacement cost of this infrastructure with a simple calculation.If the increase of the Consumer Price Index (CPI)is applied to the historical cost of the assets (average of 3.35% annually since 1973),then today's estimated replacement cost is about $331 million.If this estimated replacement cost in nominal dollars is evenly distributed over a 50 year period,the rate of infrastructure rehabilitation spending would be about $6.6 million per year (or about 180%of the City's annual transit occupancy tax revenue).The actual replacement cost of the City's infrastructure assets may be,greater or less than this hypothetical estimate.This hypothetical estimate does not provide for any enhancements of infrastructure,only the rehabilitation of existing infrastructu re. •The draft 2013 Five-Year Capital Improvement Plan includes a list of projects that have been identified and quantified by the City's engineering staff,yet funding has not been identified.Some of these projects address both safety issues and City Council goals,which have a total estimated cost starting at $31.9 million.The list does not include new construction or refurbishment of City Hall. •The storm drain fee that provides about $1.3 million annually towards on-going repairs,maintenance and improvements of storm drains sunsets in 2016.Another funding source will be needed to backfill ongoing repairs and maintenance beginning in FY17-18.Unfunded CIP Projects includes more than $14 million of known,unfunded storm drain projects.None of the unfunded storm drain projects are expected to be performed prior to the sunset of the Fee in 2016. Public Works and Finance Staff are working together to develop an Infrastructure Management Plan (IMP)to address the long-term capital needs of the City.As noted in previous reports to both the Finance Advisory Committee (FAC)and the City Council,the City's infrastructure is aged;and due to budgetary constraints,the City has been cautious when budgeting for capital spending over the years.Staff expects that the IMP will provide a road map for future systematic replacement,refurbishment,and financing of City infrastructure. INTRODUCTION Overview The 2013 Model is a financial schedule prepared by the Finance and Information Technology Department (see Exhibits A through D).City Council Policy No.18 requires preparation of the Model.The 2013 Model includes all funds of the City and its component unit,the Rancho Palos Verdes Improvement Authority. 4-2 DRAFT 2013 FIVE-YEAR FINANCIAL MODEL June 1,2013 Page 3 of 11 Compliance with Legislative Review Requirements Utility Users Tax Legislative Review Municipal Code Section 3.30.190 requires that the City Manager submit to the City Council an analysis of the revenues derived from the Utility User Tax (UUT)annually.Based on the needs of the City,the City Council shall determine if any modification to the tax rate is appropriate or if the UUT is unnecessary.The tax rate cannot be increased without a majority vote of the residents of the City during a Municipal Election.The review required by this section shall be completed by the City Council prior to the adoption of each year's annual budget. The current estimate of FY13-14 UUT revenue is $2.4 million (or approximately 10%of total General Fund revenue).Based upon the operating and capital needs of the City, including unfunded storm drain and street rehabilitation projects,Staff recommends that the current UUT rate of 3%continues to be a necessary General Fund revenue source to provide current program service levels and CIP funding. With approval of the 2013 Model scheduled for June 18,2013,the City Council must determine whether the UUT rate of 3%continues to be a necessary General Fund revenue source and whether the current rate of 3%should be maintained. Golf Tax Legislative Review Municipal Code Section 3.40.140 requires a legislative review of Golf Tax every four years and shall be completed prior to the adoption of the budget prepared for the next fiscal year. The Golf Tax ordinance directs the City Council to determine,based on the needs of the City,if any modification to the tax rate is necessary or if the tax should be repealed.The City Council performed the required legislative review in 2009 and determined that the Golf Tax is necessary and that the current rate of 10%be maintained.The next legislative review is required during 2013.The current estimate of FY13-14 golf tax revenue is $0.4 million.Based upon the operating needs of the City,Staff recommends that the current Golf Tax rate of 10%continues to be a necessary General Fund revenue source to provide current program service levels. With approval of the 2013 Model scheduled for June 18,2013,the City Council must determine whether the Golf Tax rate of 10%continues to be a necessary General Fund revenue source and whether the current rate of 10%should be maintained. Format of the 2013 Model The 2013 Model includes the presentation of: ~Actual FY1 0-11 and FY11-12 revenue,expenditures and ending fund balances for all funds; ~The final adjusted budget and the calculated budget variance for FY11-12 revenue, expenditures and ending fund balances for all funds; ~The revised FY12-13 budget;and 4-3 DRAFT 2013 FIVE-YEAR FINANCIAL MODEL June 1,2013 Page 4 of 11 ~The working draft of the FY13-14 bUdget as the first year of the 2013 Model. The 2013 Model includes the segregation of funds as follows: >-General Fund -The General Fund balance represents the City's unrestricted reserve monies.These monies may be used for any City expenditure,including general operations of the City. >-Funds restricted by action of the City Council -The fund balances of these funds represent monies restricted by City Council action for a particular purpose.The funds were initiated with transfers from the General Fund.These monies may be returned to the General Fund or used for other purposes (e.g.infrastructure projects)upon the action of the City Council. >-Funds restricted by law or external agencies -The fund balances of these funds represent monies restricted by law or external agencies,such as the Federal Government,State of California,or Los Angeles County.These monies can only be used for the purpose outlined by the restricting agency in accordance with the terms and conditions set by legislation and voter ballot measures. The 2013 Model includes several schedules organized as follows: Exhibit A Exhibit B Exhibit C Exhibit D One Page Summary -2013 Five-Year Financial Model 2013 Five-Year Financial Model by Fund Working Draft Capital Improvement Project Expenditures Water Quality Flood Protection (WQFP)Storm Drain Program Expenses It should be noted that future economic activity,legislation and policy decisions,as well as any other unforeseen circumstances could affect the City's revenue stream and expenditures during any of the years presented in the 2013 Model. DISCUSSION The following assumptions have been made during preparation of the 2013 Model. Economic Assumptions 1.For years 2 through 5 of the 2013 Model,expenditures are generally expected to increase by the Consumer Price Index (CPI)for urban consumers,as projected by the Congressional Budget Office.About 40%of General Fund expenditures represent the cost of employee compensation.The City Council is currently in negotiations with the employee association to develop the first Memorandum of Understanding (MOU).Once this MOU is finalized,Staff anticipates the City Council will provide further direction for budgeting employee compensation.Until that further direction is provided,the 2013 Model assumes that employee compensation will continue to increase by CPI in years 2 through 5,which is'the same assumption for all other expenditures. 2.Sales tax is generally expected to increase by the CPI for urban consumers,as4-4 DRAFT 2013 FIVE-YEAR FINANCIAL MODEL June1,2013 Page 5 of 11 projected by the Congressional Budget Office. 3.Based upon an analysis of property transfers between July 2012 and February 2013,it appears that the City's assessed values will grow by 3.67%(1.67%for the properties transferred and 2.00%for all other properties).The City's property tax has grown at an average rate of 3.21 %over the last five years,which included the recession that began in 2008.Based on this continued growth and the low ratio of assessment value to market value in the City,Staff has assumed that property tax will continue to grow at a rate of 3.5%annually for the remaining 4 years of the 2013 Model. 4.The Los Angeles County Sheriff's Department has advised Staff to expect a 2.4% increase in contract rates for FY13-14.The Sheriff's Contract is the single largest expenditure in the General Fund,and has grown by an average of 3.2%over the last five years due to both rate increases and service level increases.Staff has assumed a continued 2.5%average growth rate over the next five years. 5.Permit revenues comprise about 7.5%of General Fund revenue.Permit fees are based on the fully burdened hourly rate of Staff multiplied by the estimated time to provide the service,as the law requires that permit fees cannot exceed the City's cost.Although Staff expects that another cost based fee study will be completed during the next five years,Staff cannot predict the impact of that study or the resulting City Council action to set fee rates.Therefore,Staff has not included any assumed increases in permit fee rates for the 2013 Model.Permit revenue is also based on the volume of development activity in the City.Based upon the fact that the City is mostly built out and permit activity levels have remained fairly constant over the last couple of years,Staff has not included any assumed increases or decreases in permit activity for the 2013 Model. 6.The City's excess cash is primarily invested with the state's Local Agency Investment Fund (LAIF),which is an actively managed portfolio.The LAIF investment earnings rate has hovered around one-third of one percent over the last year.For the first two years of the 2013 Model,Staff has assumed an investment earnings rate that is an average of the 3-month U.S.Treasury Rate as projected by the Livingston Report and the one-year U.S.Treasury Rate as projected by the Congressional Budget Office.For the final three years of the 2013 Model,Staff has assumed an investment earnings rate equal to the 3-month U.S.Treasury Rate as projected by the Congressional Budget Office.Staff solicited the assistance of the City's Financial Advisor when developing these assumptions. 7.UUT and franchise tax are dependent on outside forces such as weather conditions and rate increases,which cannot be predicted over the long-term with any accuracy. Therefore,Staff has assumed that UUT and franchise tax will increase by the CPI for urban consumers,as projected by the Congressional Budget Office.Over the past 12 years,franchise tax has increased an average of 5.8%per year;and UUT has increased an average of 3.6%per year.Some of this increase is attributable to the opening of the Terranea Resort.Using the CPI is a conservative method of estimating these future revenues.4-5 DRAFT 2013 FIVE-YEAR FINANCIAL MODEL June 1,2013 Page 6 of 11 8.Transient Occupancy Tax (TOT)accounts for about 15%of the City's General Fund revenue.Per the City Council's Reserve Policy,amounts equivalent to TOT are transferred to the Capital Improvement Projects (CIP)Reserve each year as a funding source for infrastructure improvements.The City receives most of its TOT revenue from the Terranea Resort,which opened in 2009.Now that the Resort has been open almost 4 years,Staff expects that the growth rate of TOT will slow.For example,growth from FY11-12 to FY12-13 is tracking to be about 8%;yet prioryear growth was about 27%.Staff has conservatively assumed that TOT will continue to grow by CPI for urban consumers,as projected by the Congressional Budget Office for the 2013 Model. Other Assumptions Specific to the 2013 Model 9.Otlier revenue sources have been estimated based upon information obtained by outside agencies or Staff's own expectations based on historical data. 10.As part of the state's solutions to its budget problems in 2004,it developed a mechanism referred to as the "triple-flip"whereby the City began receiving an additional share of property tax in lieu of 25%of the City's sales tax revenue.The triple-flip mechanism ends in FY16-17.Staff has assumed that the revenue source will revert back to sales tax for FY17-18. 11.Pursuant to state redevelopment dissolution law,on January 31,2012 the Rancho Palos Verdes Redevelopment Agency (RDA)was dissolved.The City elected to act as the Successor Agency to the former RDA.The City is reimbursed from the Redevelopment Property Tax Trust Fund (former RDA tax increment)for its costs to administer the Successor Agency and support the Oversight Board for dissolution activities.Beginning in FY16-17 all Oversight Boards for individual successor agencies will be consolidated into one county-wide Oversight Board.Staff has assumed that beginning in FY16-17,the City will no longer receive an allowance for administration of the Successor Agency. 12.Since the inception of the former RDA in 1984,the City loaned General Fund money to it for landslide mitigation projects and administration.As of June 30, 2012,the outstanding loan balance (including accrued interest)was $19,289,059. As part of the redevelopment dissolution law,the loan to the former RDA must be restructured before repayment can begin.Based on the terms of restructuring,Staff expects the City's loan receivable may be reduced to about $11.8 million during 2013,and that small repayments could begin as early as FY13-14.Until more information is available,Staff has not included any estimates of loan receivable repayments in the 2013 Model. 13.The redevelopment dissolution law requires the Successor Agency to develop a long range property management plan that must be approved by the Oversight Board.This plan will outline the disposition of land parcels owned by the former RDA.Although there is not enough information to provide estimates,it is possible that a settlement will need to be negotiated with the other taxing entities in the jurisdiction if the City is to retain the parcels (e.g.Abalone Cove Shoreline Park and4-6 DRAFT 2013 FIVE-YEAR FINANCIAL MODEL June 1,2013 Page 7 of 11 adjacent open space). 14.To provide more meaningful information to the public when reviewing summaries of General Fund expenditures,Staff has created a new Risk Management program that includes the City's general liability insurance and other insurance coverage. This expenditure was formerly reported in the City Manager's program.The City is a member of the California Joint Powers Insurance Authority (CaIJPIA).In past years,the CalJPIA calculated a retroactive adjustment to the City's general liability insurance deposit to account for actual claims history.Recently,CalJPIA has transitioned to a prospective funding model,whereby retroactive adjustments are no longer calculated.At June 30,2013,CalJPIA will close out all retroactive adjustments and either provide refunds to member agencies or invoice them for amounts due.The City will receive a refund of $563,554 for retroactive adjustments related to general liability coverage.The City's deposit due on July 1,2013 for FY13-14 general liability coverage is $393,690.Instead of including the windfall in the draft FY13-14 General Fund operating budget,Staff proposes to budget for the $393,690 expenditure and set-aside the $563,554 refund in the General Fund Reserve to be used for future spikes in deposits required for coverage. 15.Based on City Council action in November 2012,the Beautification Fund will no longer have a dedicated revenue source.This fund previously provided for about $200,000 of annual median maintenance.The accumulated fund balance is sufficient to provide for median maintenance during FY13-14, FY14-15,and a portion of FY15-16.At that time,the fund will be closed.Based on the accumulated fund balance in the Street Maintenance fund where median maintenance expenditures are accounted for (due to prior years'expenditure savings),no additional funding source will be necessary to provide for median maintenance during the five years of the 2013 Model.However,once the accumulated Street Maintenance fund balance is depleted,a new funding source will need to be identified for median maintenance;which in FY18-19 may be about $240,000 annually. 16.The General Fund provides subsidies to a number of funds,as the restricted funding sources for those activities are insufficient to provide for the current level of maintenance. a.The Improvement Authority's Portuguese Bend Fund will continue to require an annual General Fund subsidy of about $70,000.This level of funding is consistent with prior years. b.The Improvement Authority's Abalone Cove Fund will require an annual General Fund subsidy of about $20,000.This is a new subsidy.The accumulated and ongoing interest earnings on the $1 million nonspendable fund balance required by the Horan Agreement is no longer sufficient to pay for maintenance of dewatering wells in the Abalone Cove portion of the landslide area.The Horan Agreement is the 1987 settlement of a lawsuit related to the City's active landslide. c.Based on City Council direction,the annual General Fund subsidy to the Abalone Cove Sewer District has been increased to $50,700.Public Works4-7 DRAFT 2013 FIVE-YEAR FINANCIAL MODEL June 1,2013 Page 8 of 11 Staff believes that the maintenance level afforded by property assessments and the City's previous subsidy of $10,700 is not sufficient to maintain the unique system that provides for 110 developed parcels in an active landslide area;and that spending must be increased by about $40,000 to maintain the system properly. d.The Habitat Restoration Fund accounts for the management,maintenance, and monitoring of the City's open space.The fund receives occasional habitat mitigation revenue from outside sources,but does not have a consistent annual funding source.Therefore,a General Fund subsidy is necessary.The City's Natural Communities Conservation Plan (NCCP) requires the fund balance to grow by $10,000 each year (plus accrued interest)for 50 years to provide a future endowment for maintenance of habitat.FY13-14 is the 9th year of this 50-year period.The growth of the endowment is also provided for by the General Fund.Annual subsidies are expected to range from $150,000 to $206,000 during the course of the 2013 Model,which is an increase from prior years'contributions. e.As part of its development agreement with the City,the developer of the Subregion 1 tract (now Oceanfront Estates)was required to dedicate open space to the City and provide a $750,000 endowment for future maintenance of that open space.The interest earnings from the nonspendable endowment are not sufficient to provide the current level of maintenance. The expected annual subsidy of $61,000 from the General Fund is consistent with prior years. 17.The City uses an Equipment Replacement Fund to centralize accounting for purchase and maintenance of the City's capitalized equipment (items with costs of $5,000 or more),and to accumulate money for the replacement of capitalized equipment.Various programs within the General Fund are charged with an allocation of Equipment Replacement Fund expenses.The City Council's Reserve Policy requires the fund balance to be maintained at a level equivalent to the estimated replacement cost of the capitalized equipment.Charges to the General Fund grow from $568,600 to $731,300 in FY13-14 to partially restore the Policy level fund balance.The growth is primarily due to the replacement of the entire Information Technology (IT)system,including replacement of all servers and most all desktop computers throughout the organization,referred to as the 2012 IT Upgrade.The City has also appropriated replacement of its processing systems for accounting,purchasing,business licensing,permitting,code enforcement,work- order management,and project management. 18.The City's employer contribution to CalPERS to fund its employee pension plan during FY13-14 has been set at 14.660%of covered payroll for first-tier employees (those employed prior to September 23,2011),8.049%for second-tier employees (new hires who previously participated in a reciprocating California public employee pension system prior to January 1,2013),and 6.25%for third-tier employees (new hires who do not meet second-tier requirements).On April 17,2013,the CalPERS Board of Administration approved changes to amortization and smoothing policies. On April 26,2013,CalPERS issued a Circular Letter with a method to estimate future employer contribution rates.Based on the information in that Circular Letter,4-8 DRAFT 2013 FIVE-YEAR FINANCIAL MODEL June 1,2013 Page 9 of 11 Staff has calculated the following employer contribution rates,and made assumptions about the number of full-time employees in each tier to arrive at the blended rate used in the 2013 Model. 1st Tier 2nd Tier 3rd Tier 2.5%@55 2%@60 2%@62 Employees Employees Employees FV13-14 48 8 0 FV14-15 est 46 10 0 FV15-16 est 44 12 0 FV16-17 est 42 14 0 FV17-18 est 40 16 0 1st Tier 2nd Tier 3rd Tier Employer Employer Employer Blended Rate Rate Rate Rate FY13-14 14.66%8.05%6.25%13.72% FV14-15 est 15.70%8.65%6.25%14.44% FV15-16 est 17.32%9.85%No Calc 15.72% FY16-17 est 18.94%11.04%No Calc 16.97% FY17-18 est 20.56%12.24%No Calc 18.18% Capital Spending Assumptions 19.Staff has included recommended projects to repair and improve the City's infrastructure that will require funding from the City's General Fund (either directly or through the CIP Reserve)over the course of the 2013 Model. a.Residential Street Rehabilitation -Staff recommends annual programs ranging from $1.8 million to $2.1 million to be funded with General Fund money.The approach is consistent with prior years'practice;however,the amount has grown by about $0.3 million annually to include right-of-way rehabilitation (e.g.sidewalks,access ramps,etc.)in the same neighborhood at the same time. b.Staff recommends project expenditures totaling $21.7 million over five-years to be funded from the CIP Reserve.As noted previously,per the City Council's Reserve Policy,amounts equivalent to the City's TOT revenue are transferred to the CIP Reserve each year to provide for infrastructure improvements.Staff has prepared a new schedule for the 2013 Model (Exhibit C-2)that reconciles the CIP Reserve balance since its inception in FY08-09 through FY17-18,the last year of the 2013 Model.The new schedule identifies specific projects and the amounts that are recommended for CIP Reserve funding.Each of these projects addresses a mandate by law,a safety concern,or a City Council priority.Notable projects follow. i.Arterial Street Rehabilitation totaling $7 million funded with a mix of 4-9 DRAFT 2013 FIVE-YEAR FINANCIAL MODEL June 1,2013 Page 10 of 11 $340,000 of Proposition C transportation sales tax,$48,000 of Proposition A transit sales tax,$2.5 million of Measure R transportation sales tax,$500,000 of federal transportation money, and a recommend use of $3.6 million of the CIP Reserve. ii.Realignment of Palos Verdes Drive South (PVDS)in the landslide area,short-term and long-term projects totaling $4,255,000 over the first two years of the 2013 Model. iii.Palos Verdes Drive East Multi-Modal roadway safety improvements are expected to cost about $3.2 million in FY15-16,and Staff expects that the project can be funded with a highway safety grant that requires a 20%matching contribution. iv.Western Avenue traffic safety improvements are expected to cost about $3.2 million in FY17-18.Western Avenue affects multiple jurisdictions,and Staff has assumed a 50%matching contribution from other agencies.A Western Avenue Vision Plan is currently being developed,which will identify opportunities for improvements in the public right-of-way.Staff expects that the Plan document will be used to obtain outside funding.A working group of stakeholders has guided the Vision Plan effort and have placed a high priority on improving the Western Avenue corridor. v.Projects totaling $2.9 million over the first 4 years of the 2013 Model to replace sewer lines that are undersized.The County maintains the City's sewer system,and makes repairs as they become necessary; but does not replace undersized pipeline. vi.Staff recommends construction of Phase I for the replacement of the Ladera Linda Community Center.The total project is expected to cost as much as $10 million,and Phase 1 is expected to cost $4 million in FY17-18.As part of this project,fiber-optic cabling would be laid to connect Ladera Linda to the City's voice and information network,as well as other City infrastructure facilities (i.e.sewer lift stations) between Ladera Linda and City Hall,for a total cost of about $2 million. vii.Projects totaling $1 million to improve storm water quality,as required by the City's municipal separate storm sewer systems (MS4)permit from the Environmental Protection Agency. viii.A subsidy of $610,000 for the storm drain program in FY17-18; subsequent to the sunset of the User Fee. c.The working draft of the 2013 Five-Year Capital Improvement Plan contains quantified projects that have not been included for recommended funding from the CIP Reserve.The estimated total costs of these projects start at $31.9 million,and include projects that address safety issues and City Council priorities. 20.The City's storm drain user fee sunsets in FY15-16.Until then,Staff has assumed that the fee will increase by 2%annually.Each year,the City Council may reduce or eliminate the fee,maintain the current fee,or increase the fee by a maximum of the lesser of CPI or 2%.Once the fee sunsets,the accumulated fund balance is4-10 DRAFT 2013 FIVE-YEAR FINANCIAL MODEL June1,2013 Page 11 of 11 expected to provide for an additional year of storm drain lining and maintenance in FY16-17.However,beginning in FY17-18,this program will require an annual subsidy.Unfunded CIP Projects include more than $14 million of known,unfunded storm drain projects.None of the unfunded storm drain projects are expected to be performed prior to the sunset of the Fee in 2016 ..One of the projects is Altamira Canyon,originally estimated at $1.75 million.Based on ongoing evaluation of this drainage system,Public Works Staff is confident that the actual cost of this project will far exceed the original estimate.Staff expects that with an update of the Storm Drain Master Plan (appropriated in FY12-13),more projects will be identified and added to the list of unfunded projects in the City's Five-Year Capital Improvement Plan. 21.As required by law,to improve the City's compliance with the Americans with Disabilities Act (ADA),Staff and the City's consultants have developed a self- evaluation and transition plan that will be presented to the City Council during 2013. The transition plan has identified about $12 million of costs to improve the City's ADA compliance in the City's right-of-way and at all City facilities.The 2013 Model includes assumptions that a total of $1.3 million of projects will be constructed over the next five years which address the highest priorities.About $692,000 of these projects will be accounted for in the Community Development Block Grant (CDBG) Fund,as required by law;and the remainder will be accounted for in the CIP Fund with funding that includes $600,000 of Environmental Excise Tax (EET)and $25,000 of the CIP Reserve. 22.Staff expects to receive a total of $2.7 million of Quimby park development fees over the next two years from the Highridge and Crestridge condominium projects. Staff has proposed a total use of about $1.3 million of these fees for various park projects identified on Exhibit C-1 of the 2013 Model. 4-11 CI T Y O F R A N C H O P A L O S V E R D E S 20 1 3 F I V E - Y E A R F I N A N C I A L M O D E L EX H I B I T A Fu n d B a l a n c e Fu n d B a l a n c e F u n d B a l a n c e F u n d B a l a n c e F u n d B a l a n c e F u n d B a l a n c e Fu n d 6/ 3 0 / 2 0 1 3 R e v e n u e s T r a n s f e r s I n E x p e n d i t u r e s T r a n s f e r s O u t 6 / 3 0 / 2 0 1 4 6 / 3 0 / 2 0 1 5 6 / 3 0 / 2 0 1 6 6 / 3 0 / 2 0 1 7 6 / 3 0 / 2 0 1 8 Un r e s t r i c t e d GE N E R A L 10 , 5 1 3 , 7 2 3 24 , 7 3 4 , 6 9 0 21 0 , 0 0 0 (1 9 , 6 9 3 , 2 4 5 ) (5 , 9 0 4 , 8 1 4 ) 9, 8 6 0 , 3 5 4 9, 6 2 4 , 7 9 4 9, 7 4 6 , 9 7 4 10 , 3 9 7 , 8 9 4 10 , 9 2 7 , 1 7 4 Re s t r i c t e d b y C o u n c i l A c t i o n BE A U T I F I C A T I O N F U N D 51 2 , 7 5 1 1, 5 3 0 - - (2 1 4 , 0 0 0 ) 30 0 , 2 8 1 8 3 , 2 1 1 0 0 0 CI P 6, 8 2 2 , 2 6 9 1, 2 2 0 , 4 0 0 6, 9 4 2 , 7 0 0 (8 , 0 2 9 , 9 7 5 ) - 6 , 9 5 5 , 3 9 4 4 , 5 6 3 , 4 9 4 6 , 9 1 6 , 4 9 4 9 , 2 8 2 , 6 9 4 4 , 9 8 9 , 8 9 4 EQ U I P M E N T R E P L A C E M E N T 1, 7 7 0 , 2 9 0 73 6 , 6 0 0 - (6 9 3 , 9 0 0 ) - 1 , 8 1 2 , 9 9 0 1 , 8 5 9 , 7 9 0 1 , 9 1 7 , 0 9 0 2 , 0 1 2 , 6 9 0 2 , 1 3 2 , 9 9 0 BU I L D I N G R E P L A C E M E N T 94 1 , 6 2 7 2, 8 0 0 - - - 94 4 , 4 2 7 9 4 8 , 9 2 7 9 5 8 , 2 2 7 9 8 6 , 0 2 7 1 , 0 2 4 , 9 2 7 EM P L O Y E E B E N E F I T S 30 , 0 8 2 1, 9 9 3 , 5 1 5 - (1 , 9 9 3 , 4 2 5 ) - 30 , 1 7 2 3 0 , 3 1 2 3 0 , 6 1 2 3 1 , 5 0 2 3 2 , 7 4 2 Su b t o t a l 10 , 0 7 7 , 0 2 0 3, 9 5 4 , 8 4 5 6, 9 4 2 , 7 0 0 (1 0 , 7 1 7 , 3 0 0 ) (2 1 4 , 0 0 0 ) 10 , 0 4 3 , 2 6 5 7, 4 8 5 , 7 3 5 9, 8 2 2 , 4 2 4 12 , 3 1 2 , 9 1 4 8, 1 8 0 , 5 5 4 Re s t r i c t e d b y L a w o r E x t e r n a l A g e n c i e s ST R E E T M A I N T E N A N C E 1, 0 1 4 , 1 3 4 1, 2 9 4 , 7 2 5 1, 0 8 2 , 0 0 0 (2 , 2 9 6 , 6 7 9 ) - 1 , 0 9 4 , 1 8 0 1 , 1 4 7 , 7 9 0 1 , 0 3 8 , 8 0 1 8 2 8 , 0 8 1 5 8 0 , 6 9 1 19 7 2 A C T 63 , 4 6 7 25 8 , 1 9 0 - (7 2 , 8 0 0 ) (1 9 0 , 0 0 0 ) 58 , 8 5 7 5 8 , 0 3 7 6 1 , 2 0 7 6 9 , 2 8 7 8 2 , 0 2 7 EL P R A D O L I G H T I N G 17 , 7 5 5 1, 9 5 0 - (1 , 0 0 0 ) - 18 , 7 0 5 1 9 , 6 9 5 2 0 , 7 8 5 2 2 , 2 8 5 2 4 , 0 6 5 CD B G (4 2 , 4 4 6 ) 18 9 , 3 6 4 - (1 4 6 , 9 1 8 ) - 00 0 0 0 19 1 1 A C T 1, 4 6 8 , 7 8 4 52 9 , 4 0 0 - (5 3 2 , 5 0 0 ) (9 9 , 0 0 0 ) 1, 3 6 6 , 6 8 4 1 , 3 5 0 , 6 8 4 1 , 3 4 0 , 4 8 4 1 , 3 5 4 , 1 8 4 1 , 3 8 0 , 1 8 4 WA S T E R E D U C T I O N 24 1 , 6 5 2 19 1 , 1 2 5 - (1 6 9 , 1 0 0 ) (6 2 , 0 0 0 ) 20 1 , 6 7 7 1 6 0 , 5 3 7 1 1 8 , 7 1 7 7 7 , 2 6 7 3 3 , 9 1 7 AI R Q U A L I T Y M A N A G E M E N T 91 , 6 7 4 50 , 2 7 0 - (5 0 , 0 0 0 ) - 91 , 9 4 4 9 2 , 3 8 4 9 3 , 2 9 4 9 6 , 0 0 4 9 9 , 7 9 4 PR O P O S I T I O N C 33 , 8 9 3 59 1 , 6 1 7 - - (5 9 2 , 0 0 0 ) 33 , 5 1 0 1 0 4 , 5 7 0 1 0 8 , 0 0 0 1 8 5 , 1 4 0 6 8 , 1 5 0 PR O P O S I T I O N A 19 7 , 1 1 2 71 3 , 7 1 3 - (5 7 8 , 3 4 0 ) - 33 2 , 4 8 5 4 2 3 , 6 6 5 5 6 8 , 3 2 5 7 2 8 , 4 3 5 9 0 4 , 1 0 5 PU B L I C S A F E T Y G R A N T S 58 6 10 0 , 0 0 0 - - (1 0 0 , 0 0 0 ) 58 6 58 6 59 6 61 6 63 6 ME A S U R E R 19 2 , 5 3 6 44 4 , 2 1 7 - - - 63 6 , 7 5 3 9 2 , 7 8 3 5 5 6 , 1 9 3 4 5 , 0 5 3 3 0 , 4 3 3 HA B I T A T R E S T O R A T I O N 18 1 , 1 7 2 54 0 15 0 , 0 0 0 (1 5 8 , 6 2 0 ) - 17 3 , 0 9 2 1 7 4 , 9 1 2 1 8 8 , 2 3 2 2 1 5 , 7 0 2 2 5 7 , 3 2 2 SU B R E G I O N 1 M A I N T E N A N C E 77 2 , 3 5 9 2, 3 0 0 61 , 0 0 0 (7 1 , 0 0 0 ) - 76 4 , 6 5 9 7 5 6 , 7 5 9 7 5 1 , 1 5 9 7 5 8 , 3 5 9 7 7 2 , 0 5 9 ME A S U R E A (6 5 , 5 1 6 ) 17 0 , 5 1 6 - - (1 0 5 , 0 0 0 ) 00 0 0 0 AB A L O N E C O V E S E W E R D I S T R I C T 26 , 7 7 2 54 , 0 8 0 50 , 7 0 0 (1 0 5 , 6 0 0 ) - 25 , 9 5 2 2 4 , 0 5 2 2 1 , 1 7 2 1 7 , 3 9 2 1 2 , 2 3 2 GI N S B U R G C U L T U R A L A R T S B U I L D I N G 15 9 , 2 7 2 48 0 - - - 15 9 , 7 5 2 1 6 0 , 5 1 2 1 6 2 , 0 9 2 1 6 6 , 8 0 2 1 7 3 , 3 9 2 DO N O R R E S T R I C T E D C O N T R I B U T I O N S 40 8 , 8 4 9 1, 2 2 0 - - - 41 0 , 0 6 9 4 1 2 , 0 1 9 4 1 6 , 0 6 9 4 2 8 , 1 5 9 4 4 5 , 0 6 9 QU I M B Y 42 0 1 , 4 0 0 , 0 0 0 - - (9 9 3 , 0 0 0 ) 40 7 , 4 2 0 1 , 4 0 9 , 3 6 0 1 , 4 2 3 , 2 1 0 1 , 4 6 4 , 5 5 0 1 , 5 2 2 , 4 0 0 AF F O R D A B L E H O U S I N G I N L I E U 50 5 , 3 5 0 1, 5 1 0 - (3 , 8 0 0 ) - 50 3 , 0 6 0 7 2 7 , 2 7 8 7 3 4 , 4 2 8 7 5 5 , 7 6 8 7 8 5 , 6 1 8 EN V I R O N M E N T A L E X C I S E T A X 30 4 , 4 9 3 24 1 , 6 7 0 - - (3 0 0 , 0 0 0 ) 24 6 , 1 6 3 1 1 2 , 7 5 1 8 8 , 8 6 1 1 1 6 , 4 4 1 1 4 6 , 0 4 1 BI K E W A Y S (0 ) 2 6 , 5 8 6 - - (2 6 , 5 8 6 ) (0 ) (0 ) (0 ) (0 ) (0 ) WA T E R Q U A L I T Y / F L O O D P R O T E C T I O N 49 3 , 7 8 8 1, 3 3 0 , 5 0 0 - (1 , 5 9 6 , 9 0 8 ) - 22 7 , 3 8 0 3 7 9 , 4 9 2 9 8 2 , 8 6 6 2 1 1 , 7 1 3 2 5 , 1 1 3 IM P R O V A U T H - P O R T U G U E S E B E N D 27 3 , 4 2 2 82 0 70 , 0 0 0 (1 1 9 , 1 0 0 ) - 22 5 , 1 4 2 1 7 4 , 6 1 2 1 2 2 , 1 3 2 6 8 , 7 8 2 1 1 , 7 0 2 IM P R O V A U T H - A B A L O N E C O V E 98 , 8 1 3 3, 3 0 0 20 , 0 0 0 (5 3 , 3 0 0 ) - 68 , 8 1 3 3 9 , 4 1 3 1 3 , 9 1 3 6 , 4 1 3 7 , 9 1 3 Su b t o t a l 6, 4 3 8 , 3 4 2 7, 5 9 8 , 0 9 3 1, 4 3 3 , 7 0 0 (5 , 9 5 5 , 6 6 5 ) (2 , 4 6 7 , 5 8 6 ) 7, 0 4 6 , 8 8 4 7 , 8 2 1 , 8 9 2 8 , 8 1 0 , 5 3 7 7, 6 1 6 , 4 3 4 7, 3 6 2 , 8 6 4 GR A N D T O T A L 27 , 0 2 9 , 0 8 5 36 , 2 8 7 , 6 2 8 8, 5 8 6 , 4 0 0 (3 6 , 3 6 6 , 2 1 0 ) (8 , 5 8 6 , 4 0 0 ) 26 , 9 5 0 , 5 0 3 2 4 , 9 3 2 , 4 2 1 2 8 , 3 7 9 , 9 3 5 3 0 , 3 2 7 , 2 4 2 2 6 , 4 7 0 , 5 9 2 FY 1 3 - 1 4 E s t i m a t e d R e s o u r c e s FY 1 3 - 1 4 E s t i m a t e d A p p r o p r i a t i o n s 4-12 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 1 % I n c r e a s e % I n c r e a s e % I n c r e a s e % I n c r e a s e % I n c r e a s e % I n c r e a s e % I n c r e a s e % I n c r e a s e % I n c r e a s e % I n c r e a s e EC O N O M I C M O D E L I N P U T F A C T O R S ( a - p ) : Ma x i m u m P r o p e r t y A s s e s s m e n t I n c r e a s e (a ) N/ A N/ A N/ A N/ A N/ A 2. 0 % 2 . 0 % 2 . 0 % 2 . 0 % 2 . 0 % In c r e a s e F a c t o r ( % ) E x p e n d i t u r e s (b ) N/ A N/ A N/ A N/ A N/ A 3. 0 % 2 . 1 % 2 . 1 % 2 . 2 % 2 . 3 % Co n s u m e r P r i c e I n d e x ( % ) (c ) N/ A N/ A N/ A N/ A N/ A 1. 9 % 2 . 1 % 2 . 1 % 2 . 2 % 2 . 3 % Sa l e s T a x ( % ) (d ) N/ A N/ A N/ A N/ A N/ A 1. 9 % 2 . 1 % 2 . 1 % 2 . 2 % 2 . 3 % Pr o p e r t y T a x e s ( % ) (e ) N/ A N/ A N/ A N/ A N/ A 3. 7 % 3 . 5 % 3 . 5 % 3 . 5 % 3 . 5 % Sh e r i f f C o n t r a c t ( % ) (f ) N/ A N/ A N/ A N/ A N/ A 2. 4 % 2 . 5 % 2 . 5 % 2 . 5 % 2 . 5 % Pe r m i t R e v e n u e s ( % ) (g ) N/ A N/ A N/ A N/ A N/ A 0. 0 % 0 . 0 % 0 . 0 % 0 . 0 % 0 . 0 % In v e s t m e n t I n t e r e s t ( % ) (h ) N/ A N/ A N/ A N/ A N/ A 0. 3 0 % 0 . 4 8 % 0 . 9 8 % 2 . 9 1 % 3 . 9 5 % Ut i l i t y U s e r s T a x / F r a n c h i s e T a x ( % ) (i ) N/ A N/ A N/ A N/ A N/ A 1. 9 % 2 . 1 % 2 . 1 % 2 . 2 % 2 . 3 % 4-13 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 2 SU M M A R Y O F E N D I N G U N R E S E R V E D F U N D BA L A N C E S P A G E UN R E S T R I C T E D F U N D (1 0 1 ) G e n e r a l F u n d 11 , 3 8 5 , 7 5 9 1 0 , 6 8 6 , 8 4 1 1 2 , 4 6 4 , 4 3 9 1 , 7 7 7 , 5 9 8 1 0 , 5 1 3 , 7 2 3 9 , 8 6 0 , 3 5 4 9 , 6 2 4 , 7 9 4 9 , 7 4 6 , 9 7 4 1 0 , 3 9 7 , 8 9 4 1 0 , 9 2 7 , 1 7 4 RE S T R I C T E D B Y C O U N C I L A C T I O N (2 1 2 ) B e a u t i f i c a t i o n F u n d 91 6 , 7 8 0 4 1 1 , 5 8 0 1 , 0 6 5 , 4 8 1 6 5 3 , 9 0 1 5 1 2 , 7 5 1 3 0 0 , 2 8 1 8 3 , 2 1 10 0 0 (3 3 0 ) C I P F u n d 11 , 6 4 9 , 7 8 0 1 9 , 2 2 3 , 7 3 5 1 5 , 4 0 6 , 9 4 0 ( 3 , 8 1 6 , 7 9 5 ) 6 , 8 2 2 , 2 6 9 6 , 9 5 5 , 3 9 4 4 , 5 6 3 , 4 9 4 6 , 9 1 6 , 4 9 4 9 , 2 8 2 , 6 9 4 4 , 9 8 9 , 8 9 4 (6 8 1 ) E q u i p m e n t R e p l a c e m e n t F u n d 2, 6 0 1 , 0 3 0 2 , 5 6 4 , 7 1 9 2 , 5 8 4 , 0 9 0 1 9 , 3 7 1 1 , 7 7 0 , 2 9 0 1 , 8 1 2 , 9 9 0 1 , 8 5 9 , 7 9 0 1 , 9 1 7 , 0 9 0 2 , 0 1 2 , 6 9 0 2 , 1 3 2 , 9 9 0 (6 8 6 ) B u i l d i n g R e p l a c e m e n t F u n d 99 1 , 3 2 2 8 2 8 , 3 1 4 9 4 3 , 0 0 6 1 1 4 , 6 9 2 9 4 1 , 6 2 7 9 4 4 , 4 2 7 9 4 8 , 9 2 7 9 5 8 , 2 2 7 9 8 6 , 0 2 7 1 , 0 2 4 , 9 2 7 (6 8 5 ) E m p l o y e e B e n e f i t s F u n d 45 0 , 3 5 0 6 3 , 5 8 6 9 0 , 7 4 2 2 7 , 1 5 6 3 0 , 0 8 2 3 0 , 1 7 2 3 0 , 3 1 2 3 0 , 6 1 2 3 1 , 5 0 2 3 2 , 7 4 2 SU B T O T A L 16 , 6 0 9 , 2 6 3 2 3 , 0 9 1 , 9 3 5 2 0 , 0 9 0 , 2 6 0 ( 3 , 0 0 1 , 6 7 5 ) 1 0 , 0 7 7 , 0 2 0 1 0 , 0 4 3 , 2 6 5 7 , 4 8 5 , 7 3 5 9 , 8 2 2 , 4 2 4 1 2 , 3 1 2 , 9 1 4 8 , 1 8 0 , 5 5 4 RE S T R I C T E D B Y L A W O R E X T E R N A L A G E N C I E S Ci t y F u n d s (2 0 2 ) S t r e e t M a i n t e n a n c e F u n d 91 5 , 1 4 3 7 4 3 , 9 9 3 1 , 0 5 6 , 8 9 3 3 1 2 , 9 0 0 1 , 0 1 4 , 1 3 4 1 , 0 9 4 , 1 8 0 1 , 1 4 7 , 7 9 0 1 , 0 3 8 , 8 0 1 8 2 8 , 0 8 1 5 8 0 , 6 9 1 (2 0 3 ) 1 9 7 2 A c t L a n d s c a p e & L i g h t i n g F u n d 94 , 0 3 6 7 8 , 4 1 6 7 8 , 0 7 7 ( 3 3 9 ) 6 3 , 4 6 7 5 8 , 8 5 7 5 8 , 0 3 7 6 1 , 2 0 7 6 9 , 2 8 7 8 2 , 0 2 7 (2 0 9 ) E l P r a d o L i g h t i n g F u n d 14 , 7 8 2 1 5 , 7 5 2 1 6 , 7 7 5 1 , 0 2 3 1 7 , 7 5 5 1 8 , 7 0 5 1 9 , 6 9 5 2 0 , 7 8 5 2 2 , 2 8 5 2 4 , 0 6 5 (3 1 0 ) C D B G F u n d 0 7 0 , 0 0 0 ( 4 2 , 4 4 6 ) ( 1 1 2 , 4 4 6 ) ( 4 2 , 4 4 6 ) 00 0 0 0 (2 1 1 ) 1 9 1 1 A c t S t r e e t L i g h t i n g F u n d 1, 6 5 2 , 6 4 6 1 , 4 5 3 , 8 4 6 1 , 6 7 0 , 3 8 4 2 1 6 , 5 3 8 1 , 4 6 8 , 7 8 4 1 , 3 6 6 , 6 8 4 1 , 3 5 0 , 6 8 4 1 , 3 4 0 , 4 8 4 1 , 3 5 4 , 1 8 4 1 , 3 8 0 , 1 8 4 (2 1 3 ) W a s t e R e d u c t i o n F u n d 30 8 , 4 3 4 2 0 8 , 4 5 9 2 6 8 , 9 6 2 6 0 , 5 0 3 2 4 1 , 6 5 2 2 0 1 , 6 7 7 1 6 0 , 5 3 7 1 1 8 , 7 1 7 7 7 , 2 6 7 3 3 , 9 1 7 (2 1 4 ) A i r Q u a l i t y M a n a g e m e n t F u n d 48 , 6 0 6 9 8 , 8 6 6 1 0 1 , 1 8 4 2 , 3 1 8 9 1 , 6 7 4 9 1 , 9 4 4 9 2 , 3 8 4 9 3 , 2 9 4 9 6 , 0 0 4 9 9 , 7 9 4 (2 1 5 ) P r o p o s i t i o n C ( S t r e e t s / T r a n s i t ) F u n d 1, 5 7 0 , 6 7 4 2 , 5 7 7 1 , 3 4 1 , 8 1 0 1 , 3 3 9 , 2 3 3 3 3 , 8 9 3 3 3 , 5 1 0 1 0 4 , 5 7 0 1 0 8 , 0 0 0 1 8 5 , 1 4 0 6 8 , 1 5 0 (2 1 6 ) P r o p o s i t i o n A ( T r a n s i t ) F u n d 12 5 , 6 0 3 1 1 4 , 3 9 1 1 7 0 , 4 2 2 5 6 , 0 3 1 1 9 7 , 1 1 2 3 3 2 , 4 8 5 4 2 3 , 6 6 5 5 6 8 , 3 2 5 7 2 8 , 4 3 5 9 0 4 , 1 0 5 (2 1 7 ) P u b l i c S a f e t y G r a n t s 19 , 9 3 0 2 0 , 1 0 0 2 0 , 1 8 6 8 6 5 8 6 5 8 6 5 8 6 5 9 6 6 1 6 6 3 6 (2 2 0 ) M e a s u r e R 63 0 , 1 3 2 2 , 5 2 0 3 9 1 , 9 2 6 3 8 9 , 4 0 6 1 9 2 , 5 3 6 6 3 6 , 7 5 3 9 2 , 7 8 3 5 5 6 , 1 9 3 4 5 , 0 5 3 3 0 , 4 3 3 (2 2 2 ) H a b i t a t R e s t o r a t i o n F u n d - N C C P 26 26 3 , 0 5 8 2 2 1 , 3 5 8 2 2 1 , 0 4 2 ( 3 1 6 ) 1 8 1 , 1 7 2 1 7 3 , 0 9 2 1 7 4 , 9 1 2 1 8 8 , 2 3 2 2 1 5 , 7 0 2 2 5 7 , 3 2 2 (2 2 3 ) S u b r e g i o n 1 M a i n t e n a n c e F u n d 27 77 6 , 0 0 7 7 5 9 , 8 0 7 7 7 3 , 5 5 9 1 3 , 7 5 2 7 7 2 , 3 5 9 7 6 4 , 6 5 9 7 5 6 , 7 5 9 7 5 1 , 1 5 9 7 5 8 , 3 5 9 7 7 2 , 0 5 9 (2 2 4 ) M e a s u r e A C a p . & M a i n t . F u n d s 28 (1 2 6 , 3 9 7 ) ( 1 2 6 , 2 2 7 ) ( 6 5 , 6 8 6 ) 6 0 , 5 4 1 ( 6 5 , 5 1 6 ) 00 0 0 0 (2 2 5 ) A b a l o n e C o v e S e w e r D i s t r i c t F u n d 29 96 , 6 7 8 2 0 , 4 3 8 3 9 , 2 7 2 1 8 , 8 3 4 2 6 , 7 7 2 2 5 , 9 5 2 2 4 , 0 5 2 2 1 , 1 7 2 1 7 , 3 9 2 1 2 , 2 3 2 (2 2 7 ) G i n s b u r g C u l t u r a l A r t s B u i l d i n g F u n d 30 18 2 , 9 4 8 1 5 8 , 8 6 8 1 5 8 , 4 8 2 ( 3 8 6 ) 1 5 9 , 2 7 2 1 5 9 , 7 5 2 1 6 0 , 5 1 2 1 6 2 , 0 9 2 1 6 6 , 8 0 2 1 7 3 , 3 9 2 (2 2 8 ) D o n o r R e s t r i c t e d C o n t r i b u t i o n s F u n d 31 40 5 , 5 1 9 4 0 7 , 5 3 9 4 0 6 , 8 0 9 ( 7 3 0 ) 4 0 8 , 8 4 9 4 1 0 , 0 6 9 4 1 2 , 0 1 9 4 1 6 , 0 6 9 4 2 8 , 1 5 9 4 4 5 , 0 6 9 (3 3 4 ) Q u i m b y F u n d 32 29 , 3 2 8 2 9 , 4 7 8 2 9 , 4 2 0 ( 5 8 ) 4 2 0 4 0 7 , 4 2 0 1 , 4 0 9 , 3 6 0 1 , 4 2 3 , 2 1 0 1 , 4 6 4 , 5 5 0 1 , 5 2 2 , 4 0 0 (3 3 7 ) A f f o r d a b l e H o u s i n g I n - L i e u F u n d 33 4, 1 5 2 2 , 0 9 6 , 5 3 0 5 0 1 , 1 9 0 ( 1 , 5 9 5 , 3 4 0 ) 5 0 5 , 3 5 0 5 0 3 , 0 6 0 7 2 7 , 2 7 8 7 3 4 , 4 2 8 7 5 5 , 7 6 8 7 8 5 , 6 1 8 (3 3 8 ) E n v i r o n m e n t a l E x c i s e T a x ( E E T ) F u n d 34 41 5 , 3 9 7 3 7 7 , 5 6 2 4 1 4 , 5 2 3 3 6 , 9 6 1 3 0 4 , 4 9 3 2 4 6 , 1 6 3 1 1 2 , 7 5 1 8 8 , 8 6 1 1 1 6 , 4 4 1 1 4 6 , 0 4 1 (3 4 0 ) B i k e w a y s ( T D A A r t i c l e 3 ) F u n d 35 51 5 1 6 1 1 0 ( 0 ) ( 0 ) ( 0 ) ( 0 ) ( 0 ) ( 0 ) (5 0 1 ) W a t e r Q u a l i t y & F l o o d P r o t e c t i o n F u n d 36 3, 3 6 5 , 6 1 6 3 , 5 0 4 , 0 5 0 3 , 5 3 1 , 6 1 5 2 7 , 5 6 5 4 9 3 , 7 8 8 2 2 7 , 3 8 0 3 7 9 , 4 9 2 9 8 2 , 8 6 6 2 1 1 , 7 1 3 2 5 , 1 1 3 Im p r o v e m e n t A u t h o r i t y F u n d s (2 8 5 ) I m p r o v e m e n t A u t h o r i t y - P o r t u g u e s e B e n d 30 2 , 3 2 8 2 2 0 , 1 9 8 3 0 9 , 7 2 2 8 9 , 5 2 4 2 7 3 , 4 2 2 2 2 5 , 1 4 2 1 7 4 , 6 1 2 1 2 2 , 1 3 2 6 8 , 7 8 2 1 1 , 7 0 2 (7 9 5 ) I m p r o v e m e n t A u t h o r i t y - A b a l o n e C o v e 29 2 , 7 7 7 2 4 9 , 2 2 7 2 0 2 , 8 1 3 ( 4 6 , 4 1 4 ) 9 8 , 8 1 3 6 8 , 8 1 3 3 9 , 4 1 3 1 3 , 9 1 3 6 , 4 1 3 7 , 9 1 3 SU B T O T A L 11 , 3 8 7 , 4 4 9 1 0 , 7 2 7 , 8 0 0 1 1 , 5 9 6 , 9 9 6 8 6 9 , 1 9 6 6 , 4 3 8 , 3 4 2 7 , 0 4 6 , 8 8 4 7 , 8 2 1 , 8 9 2 8 , 8 1 0 , 5 3 7 7 , 6 1 6 , 4 3 4 7 , 3 6 2 , 8 6 4 GR A N D T O T A L - A L L F U N D S I N C L U D E D 39 , 3 8 2 , 4 7 1 4 4 , 5 0 6 , 5 7 6 4 4 , 1 5 1 , 6 9 5 ( 3 5 4 , 8 8 1 ) 2 7 , 0 2 9 , 0 8 5 2 6 , 9 5 0 , 5 0 3 2 4 , 9 3 2 , 4 2 1 2 8 , 3 7 9 , 9 3 5 3 0 , 3 2 7 , 2 4 2 2 6 , 4 7 0 , 5 9 2 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 23 24 25 26 27 28 29 30 31 32 33 34 3522 4-14 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 3 GE N E R A L F U N D R E V E N U E D E T A I L Pr o p e r t y t a x e s (e ) 5, 9 7 9 , 6 8 4 6 , 1 7 2 , 7 0 0 6 , 0 7 5 , 6 2 3 ( 9 7 , 0 7 7 ) 6 , 2 5 4 , 8 0 0 6 , 4 5 0 , 0 0 0 6 , 6 7 5 , 8 0 0 6 , 9 0 9 , 5 0 0 7 , 1 5 1 , 3 0 0 7 , 4 0 1 , 6 0 0 Pr o p e r t y t a x e s I n - L i e u o f V L F R e v e n u e s (e ) 3, 5 1 1 , 6 2 9 3 , 5 9 9 , 4 0 0 3 , 6 0 5 , 5 1 0 6 , 1 1 0 3 , 6 9 4 , 2 3 0 3 , 8 3 0 , 0 0 0 3 , 9 6 4 , 1 0 0 4 , 1 0 2 , 8 0 0 4 , 2 4 6 , 4 0 0 4 , 3 9 5 , 0 0 0 Pr o p e r t y t a x e s I n - L i e u o f S a l e s T a x (d ) 43 1 , 4 8 7 5 4 2 , 0 0 0 5 4 1 , 7 1 7 ( 2 8 3 ) 4 5 3 , 9 0 8 4 7 1 , 0 0 0 4 8 0 , 9 0 0 4 9 1 , 0 0 0 5 0 1 , 8 0 0 0 Sa l e s a n d u s e t a x (d ) 1, 5 1 8 , 2 9 1 1 , 6 2 5 , 3 0 0 1 , 4 4 8 , 5 0 8 ( 1 7 6 , 7 9 2 ) 1 , 5 5 2 , 2 0 0 1 , 6 4 0 , 0 0 0 1 , 6 7 4 , 4 0 0 1 , 7 0 9 , 6 0 0 1 , 7 4 7 , 2 0 0 2 , 3 0 0 , 7 0 0 Pr o p e r t y t r a n s f e r t a x (e ) 22 9 , 8 1 6 2 0 9 , 1 0 0 2 7 2 , 8 0 2 6 3 , 7 0 2 2 8 5 , 0 0 0 4 1 6 , 0 0 0 4 3 0 , 6 0 0 4 4 5 , 7 0 0 4 6 1 , 3 0 0 4 7 7 , 4 0 0 Bu s i n e s s l i c e n s e t a x (c ) 58 1 , 1 4 1 5 9 3 , 3 0 0 7 0 0 , 1 5 6 1 0 6 , 8 5 6 7 1 8 , 0 0 0 7 1 5 , 0 0 0 7 3 0 , 0 0 0 7 4 5 , 3 0 0 7 6 1 , 7 0 0 7 7 9 , 2 0 0 Tr a n s i e n t o c c u p a n c y t a x (c ) 2, 6 4 0 , 3 6 8 3 , 2 2 6 , 0 0 0 3 , 3 4 9 , 0 1 5 1 2 3 , 0 1 5 3 , 6 1 1 , 0 7 4 3 , 6 7 9 , 7 0 0 3 , 7 5 7 , 0 0 0 3 , 8 3 5 , 9 0 0 3 , 9 2 0 , 3 0 0 4 , 0 1 0 , 5 0 0 Fr a n c h i s e t a x e s (i ) 1, 8 2 4 , 8 9 1 1 , 8 1 1 , 7 0 0 1 , 8 8 1 , 1 6 3 6 9 , 4 6 3 1 , 9 1 7 , 0 0 0 1 , 7 7 9 , 0 0 0 1 , 8 1 6 , 4 0 0 1 , 8 5 4 , 5 0 0 1 , 8 9 5 , 3 0 0 1 , 9 3 8 , 9 0 0 Ut i l i t y u s e r t a x (i ) 2, 4 0 6 , 8 3 3 2 , 4 3 2 , 7 0 0 2 , 3 3 3 , 4 4 0 ( 9 9 , 2 6 0 ) 2 , 3 8 5 , 0 0 0 2 , 4 2 0 , 0 0 0 2 , 4 7 0 , 8 0 0 2 , 5 2 2 , 7 0 0 2 , 5 7 8 , 2 0 0 2 , 6 3 7 , 5 0 0 Go l f t a x (c ) 36 3 , 4 0 2 3 3 8 , 6 0 0 3 9 8 , 2 2 6 5 9 , 6 2 6 4 0 9 , 0 0 0 4 0 4 , 0 0 0 4 1 2 , 5 0 0 4 2 1 , 2 0 0 4 3 0 , 5 0 0 4 4 0 , 4 0 0 SU B T O T A L T A X E S 19 , 4 8 7 , 5 4 0 2 0 , 5 5 0 , 8 0 0 2 0 , 6 0 6 , 1 6 0 5 5 , 3 6 0 2 1 , 2 8 0 , 2 1 2 2 1 , 8 0 4 , 7 0 0 2 2 , 4 1 2 , 5 0 0 2 3 , 0 3 8 , 2 0 0 2 3 , 6 9 4 , 0 0 0 2 4 , 3 8 1 , 2 0 0 An i m a l c o n t r o l f e e s (g ) 50 , 3 6 4 5 1 , 2 0 0 3 3 , 7 5 2 ( 1 7 , 4 4 8 ) 5 2 , 2 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 Ri g h t o f w a y & p a r k i n g p e r m i t s (g ) 78 , 2 0 4 8 7 , 5 0 0 6 3 , 6 5 0 ( 2 3 , 8 5 0 ) 6 6 , 7 0 0 7 2 , 4 0 0 7 2 , 4 0 0 7 2 , 4 0 0 7 2 , 4 0 0 7 2 , 4 0 0 Bu i l d i n g a n d s a f e t y p e r m i t s & g e o l o g y f e e s (g ) 1, 3 8 3 , 9 0 8 1 , 4 4 6 , 8 0 0 1 , 3 0 7 , 4 4 5 ( 1 3 9 , 3 5 5 ) 1 , 3 6 3 , 6 0 0 1 , 3 1 7 , 5 0 0 1 , 3 1 7 , 5 0 0 1 , 3 1 7 , 5 0 0 1 , 3 1 7 , 5 0 0 1 , 3 1 7 , 5 0 0 Pl a n n i n g p e r m i t s (g ) 34 7 , 4 5 8 3 7 8 , 4 0 0 3 5 4 , 7 8 5 ( 2 3 , 6 1 5 ) 2 9 7 , 0 0 0 3 1 7 , 0 0 0 3 1 7 , 0 0 0 3 1 7 , 0 0 0 3 1 7 , 0 0 0 3 1 7 , 0 0 0 Fi l m p e r m i t s (g ) 70 , 8 2 0 7 6 , 9 0 0 4 5 , 5 7 5 ( 3 1 , 3 2 5 ) 4 5 , 0 0 0 4 5 , 0 0 0 4 5 , 0 0 0 4 5 , 0 0 0 4 5 , 0 0 0 4 5 , 0 0 0 Ma s s a g e P e r m i t s (g ) 2, 0 9 0 2 , 8 0 0 94 1 ( 1 , 8 5 9 ) 2 , 9 0 0 00 0 0 0 SU B T O T A L L I C E N S E S & P E R M I T S 1, 9 3 2 , 8 4 4 2 , 0 4 3 , 6 0 0 1 , 8 0 6 , 1 4 8 ( 2 3 7 , 4 5 2 ) 1 , 8 2 7 , 4 0 0 1 , 7 8 6 , 9 0 0 1 , 7 8 6 , 9 0 0 1 , 7 8 6 , 9 0 0 1 , 7 8 6 , 9 0 0 1 , 7 8 6 , 9 0 0 Mi s c e l l a n e o u s c o u r t f i n e s (c ) 20 1 , 8 7 8 2 1 7 , 9 0 0 1 4 7 , 6 8 4 ( 7 0 , 2 1 6 ) 7 7 , 0 0 0 1 0 5 , 0 0 0 1 0 7 , 2 0 0 1 0 9 , 5 0 0 1 1 1 , 9 0 0 1 1 4 , 5 0 0 Fa l s e a l a r m f i n e s 7, 9 0 0 6 , 0 0 0 7 , 3 0 0 1 , 3 0 0 8, 2 0 0 5, 5 0 0 5 , 5 0 0 5 , 5 0 0 5 , 5 0 0 5 , 5 0 0 To w f e e s (c ) 0 0 4 , 5 0 4 4 , 5 0 4 0 5, 0 0 0 5 , 1 0 0 5 , 2 0 0 5 , 3 0 0 5 , 4 0 0 SU B T O T A L F I N E S & F O R F E I T U R E S 20 9 , 7 7 8 2 2 3 , 9 0 0 1 5 9 , 4 8 8 ( 6 4 , 4 1 2 ) 8 5 , 2 0 0 1 1 5 , 5 0 0 1 1 7 , 8 0 0 1 2 0 , 2 0 0 1 2 2 , 7 0 0 1 2 5 , 4 0 0 Pr o p e r t y & M o n o p o l e L e a s e s (c ) 23 5 , 5 5 6 1 4 2 , 5 0 0 1 5 1 , 8 3 7 9 , 3 3 7 1 3 7 , 0 0 0 1 5 1 , 5 0 0 1 5 4 , 7 0 0 1 5 7 , 9 0 0 1 6 1 , 4 0 0 1 6 5 , 1 0 0 Fa c i l i t y r e n t a l s - P V I C (c ) 15 9 , 7 0 2 1 2 2 , 8 0 0 2 0 9 , 0 4 9 8 6 , 2 4 9 1 7 0 , 0 0 0 2 0 0 , 0 0 0 2 0 4 , 2 0 0 2 0 8 , 5 0 0 2 1 3 , 1 0 0 2 1 8 , 0 0 0 Fa c i l i t y r e n t a l s - O t h e r (c ) 13 5 , 3 1 3 1 1 5 , 6 0 0 1 2 1 , 5 8 1 5 , 9 8 1 1 1 3 , 0 0 0 8 6 , 5 0 0 8 8 , 3 0 0 9 0 , 2 0 0 9 2 , 2 0 0 9 4 , 3 0 0 Pa r k i n g l o t f e e s 46 , 0 6 2 4 8 , 9 0 0 5 9 , 4 5 1 1 0 , 5 5 1 5 8 , 0 0 0 5 9 , 0 0 0 5 9 , 0 0 0 5 9 , 0 0 0 5 9 , 0 0 0 5 9 , 0 0 0 PV I C g i f t s h o p (c ) 10 0 , 5 5 7 1 1 0 , 0 0 0 9 8 , 4 4 9 ( 1 1 , 5 5 1 ) 1 0 0 , 0 0 0 1 2 0 , 0 0 0 1 2 2 , 5 0 0 1 2 5 , 1 0 0 1 2 7 , 9 0 0 1 3 0 , 8 0 0 In t e r e s t e a r n i n g s (h ) 61 , 5 0 4 5 0 , 8 0 0 4 6 , 4 2 1 ( 4 , 3 7 9 ) 6 0 , 0 0 0 5 3 , 7 9 0 8 2 , 6 4 0 1 6 8 , 1 8 0 5 0 0 , 8 2 0 7 0 6 , 6 8 0 SU B T O T A L U S E O F M O N E Y & P R O P E R T Y 73 8 , 6 9 2 5 9 0 , 6 0 0 6 8 6 , 7 8 8 9 6 , 1 8 8 6 3 8 , 0 0 0 6 7 0 , 7 9 0 7 1 1 , 3 4 0 8 0 8 , 8 8 0 1 , 1 5 4 , 4 2 0 1 , 3 7 3 , 8 8 0 En g i n e e r i n g f e e s (g ) 0 0 6 0 , 2 3 9 6 0 , 2 3 9 4 0 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 Re c r e a t i o n f e e s (c ) 9, 7 8 2 9 , 4 0 0 1 1 , 9 0 9 2 , 5 0 9 9, 6 0 0 1 8 , 7 0 0 1 9 , 1 0 0 1 9 , 5 0 0 1 9 , 9 0 0 2 0 , 4 0 0 Sa l e o f S i g n s / S e r v i c e s (g ) 6, 9 2 1 7 , 5 0 0 5 , 9 0 1 ( 1 , 5 9 9 ) 7 , 7 0 0 8, 0 0 0 8 , 0 0 0 8 , 0 0 0 8 , 0 0 0 8 , 0 0 0 Ad m i n i s t r a t i o n o f S u c c e s s o r A g e n c y 0 0 0 0 8 0 , 0 0 0 8 0 , 0 0 0 8 0 , 0 0 0 8 0 , 0 0 0 0 0 In t e r f u n d c h a r g e s f o r s e r v i c e s (a ) 15 1 , 2 0 0 1 5 4 , 3 0 0 1 9 2 , 3 0 0 3 8 , 0 0 0 1 5 7 , 4 0 0 1 5 6 , 0 0 0 1 5 9 , 1 0 0 1 6 2 , 3 0 0 1 6 5 , 5 0 0 1 6 8 , 8 0 0 SU B T O T A L C H A R G E S F O R S E R V I C E S 16 7 , 9 0 3 1 7 1 , 2 0 0 2 7 0 , 3 4 9 9 9 , 1 4 9 2 9 4 , 7 0 0 2 9 7 , 7 0 0 3 0 1 , 2 0 0 3 0 4 , 8 0 0 2 2 8 , 4 0 0 2 3 2 , 2 0 0 Mo t o r v e h i c l e l i c e n s e f e e s 22 0 , 7 9 0 0 0 0 2 2 , 3 1 2 00 0 0 0 Gr a n t i n c o m e 6, 0 1 3 15 , 0 0 0 6 , 3 6 5 ( 8 , 6 3 5 ) 0 2 7 , 0 0 00 0 0 0 SU B T O T A L R E V E N U E S F R O M O T H E R A G E N C I E S 22 6 , 8 0 3 1 5 , 0 0 0 6 , 3 6 5 ( 8 , 6 3 5 ) 2 2 , 3 1 2 2 7 , 0 0 00 0 0 0 Do n a t i o n s (c ) 28 , 6 0 9 2 1 , 0 0 0 3 2 , 3 6 9 1 1 , 3 6 9 2 1 , 3 0 0 1 7 , 1 0 0 1 7 , 5 0 0 1 7 , 9 0 0 1 8 , 3 0 0 1 8 , 7 0 0 Ot h e r m i s c e l l a n e o u s (c ) 12 9 , 6 5 0 6 , 2 0 0 1 0 3 , 1 9 0 9 6 , 9 9 0 1 5 , 0 0 0 1 5 , 0 0 0 1 5 , 3 0 0 1 5 , 6 0 0 1 5 , 9 0 0 1 6 , 3 0 0 SU B T O T A L O T H E R R E V E N U E S 15 8 , 2 5 8 2 7 , 2 0 0 1 3 5 , 5 5 9 1 0 8 , 3 5 9 3 6 , 3 0 0 3 2 , 1 0 0 3 2 , 8 0 0 3 3 , 5 0 0 3 4 , 2 0 0 3 5 , 0 0 0 TO T A L G E N E R A L F U N D R E V E N U E S 22 , 9 2 1 , 8 1 8 2 3 , 6 2 2 , 3 0 0 2 3 , 6 7 0 , 8 5 7 4 8 , 5 5 7 2 4 , 1 8 4 , 1 2 4 2 4 , 7 3 4 , 6 9 0 2 5 , 3 6 2 , 5 4 0 2 6 , 0 9 2 , 4 8 0 2 7 , 0 2 0 , 6 2 0 2 7 , 9 3 4 , 5 8 0 4-15 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 4 GE N E R A L F U N D E X P E N D I T U R E D E T A I L Ci t y C o u n c i l (b ) 10 0 , 5 4 8 1 3 6 , 5 0 0 1 3 3 , 6 9 8 2 , 8 0 2 1 4 3 , 5 0 0 1 4 9 , 1 0 0 1 5 2 , 2 0 0 1 5 5 , 4 0 0 1 5 8 , 8 0 0 1 6 2 , 5 0 0 Ci t y M a n a g e r (b ) 93 1 , 5 5 2 1 , 0 4 6 , 0 9 5 9 9 5 , 2 7 5 5 0 , 8 2 0 1 , 1 5 1 , 6 0 5 9 4 0 , 8 0 0 9 6 0 , 6 0 0 9 8 0 , 8 0 0 1 , 0 0 2 , 4 0 0 1 , 0 2 5 , 5 0 0 Le g a l S e r v i c e s (b ) 94 8 , 6 0 5 1 , 0 6 5 , 0 0 0 1 , 0 5 7 , 1 0 2 7 , 8 9 8 1 , 0 4 5 , 0 0 0 1 , 0 4 5 , 0 0 0 1 , 0 6 6 , 9 0 0 1 , 0 8 9 , 3 0 0 1 , 1 1 3 , 3 0 0 1 , 1 3 8 , 9 0 0 Ci t y C l e r k (b ) 46 8 , 3 2 3 5 2 4 , 7 5 0 5 0 3 , 8 7 7 2 0 , 8 7 3 4 0 4 , 7 5 0 6 1 1 , 2 5 0 4 7 0 , 9 0 0 6 3 3 , 9 0 0 4 9 4 , 5 0 0 6 5 9 , 3 0 0 Co m m u n i t y O u t r e a c h (b ) 82 , 4 2 9 1 0 7 , 8 0 0 1 0 2 , 7 0 2 5 , 0 9 8 1 0 5 , 4 0 0 8 5 , 8 0 0 8 7 , 6 0 0 8 9 , 4 0 0 9 1 , 4 0 0 9 3 , 5 0 0 RP V T V (b ) 97 , 9 2 9 1 0 9 , 5 0 0 1 0 9 , 4 5 4 4 6 1 0 2 , 1 0 0 1 0 3 , 4 0 0 1 0 5 , 6 0 0 1 0 7 , 8 0 0 1 1 0 , 2 0 0 1 1 2 , 7 0 0 Ri s k M a n a g e m e n t (b ) 51 5 , 0 3 4 7 2 1 , 1 0 0 6 6 0 , 8 9 9 6 0 , 2 0 1 6 0 2 , 0 0 0 4 7 5 , 0 0 0 4 8 5 , 0 0 0 4 9 5 , 2 0 0 5 0 6 , 1 0 0 5 1 7 , 7 0 0 Pe r s o n n e l (b ) 27 0 , 8 5 2 2 9 3 , 4 5 0 2 9 4 , 2 9 8 ( 8 4 8 ) 2 7 7 , 0 0 5 2 5 9 , 0 5 0 2 6 4 , 5 0 0 2 7 0 , 1 0 0 2 7 6 , 0 0 0 2 8 2 , 3 0 0 SU B T O T A L A D M I N I S T R A T I O N 3, 4 1 5 , 2 7 2 4 , 0 0 4 , 1 9 5 3 , 8 5 7 , 3 0 5 1 4 6 , 8 9 0 3 , 8 3 1 , 3 6 0 3 , 6 6 9 , 4 0 0 3 , 5 9 3 , 3 0 0 3 , 8 2 1 , 9 0 0 3 , 7 5 2 , 7 0 0 3 , 9 9 2 , 4 0 0 Fi n a n c e (b ) 1, 2 4 5 , 0 1 5 1 , 3 5 1 , 3 8 8 1 , 3 4 1 , 9 7 2 9 , 4 1 6 1 , 2 9 0 , 0 0 0 1 , 4 4 2 , 7 0 0 1 , 4 5 1 , 0 0 0 1 , 4 8 1 , 5 0 0 1 , 5 1 4 , 1 0 0 1 , 5 4 8 , 9 0 0 In f o r m a t i o n T e c h n o l o g y - D a t a (b ) 48 8 , 2 5 8 4 1 1 , 5 0 0 3 5 6 , 2 8 1 5 5 , 2 1 9 4 6 8 , 0 0 0 5 3 3 , 8 0 0 5 4 5 , 0 0 0 5 5 6 , 4 0 0 5 6 8 , 6 0 0 5 8 1 , 7 0 0 In f o r m a t i o n T e c h n o l o g y - V o i c e (b ) 72 , 0 0 7 9 3 , 8 0 0 6 9 , 2 1 8 2 4 , 5 8 2 8 8 , 4 0 0 9 9 , 3 0 0 1 0 1 , 4 0 0 1 0 3 , 5 0 0 1 0 5 , 8 0 0 1 0 8 , 2 0 0 SU B T O T A L F I N A N C E & I T 1, 8 0 5 , 2 8 0 1 , 8 5 6 , 6 8 8 1 , 7 6 7 , 4 7 1 8 9 , 2 1 7 1 , 8 4 6 , 4 0 0 2 , 0 7 5 , 8 0 0 2 , 0 9 7 , 4 0 0 2 , 1 4 1 , 4 0 0 2 , 1 8 8 , 5 0 0 2 , 2 3 8 , 8 0 0 Pu b l i c S a f e t y - S h e r i f f S e r v i c e s (f ) 3, 9 8 9 , 7 0 3 4 , 0 1 5 , 0 0 0 3 , 9 5 7 , 0 5 1 5 7 , 9 4 9 4 , 1 7 4 , 0 0 0 4 , 2 5 4 , 2 0 0 4 , 3 6 0 , 6 0 0 4 , 4 6 9 , 6 0 0 4 , 5 8 1 , 3 0 0 4 , 6 9 5 , 8 0 0 Sp e c i a l S a f e t y P r o g r a m s (b ) 13 9 , 8 6 7 8 9 , 5 0 0 2 4 , 5 1 3 6 4 , 9 8 7 1 0 4 , 5 0 0 1 0 4 , 5 0 0 1 0 6 , 7 0 0 1 0 8 , 9 0 0 1 1 1 , 3 0 0 1 1 3 , 9 0 0 An i m a l C o n t r o l (b ) 64 , 7 5 3 1 3 0 , 2 5 0 5 5 , 8 6 2 7 4 , 3 8 8 8 8 , 2 5 0 8 8 , 0 0 0 8 9 , 8 0 0 9 1 , 7 0 0 9 3 , 7 0 0 9 5 , 9 0 0 Em e r g e n c y P r e p a r e d n e s s (b ) 11 5 , 1 3 3 1 4 1 , 9 4 8 1 4 0 , 5 0 0 1 , 4 4 8 2 0 1 , 9 0 2 2 3 6 , 1 0 0 2 4 1 , 1 0 0 2 4 6 , 2 0 0 2 5 1 , 6 0 0 2 5 7 , 4 0 0 SU B T O T A L P U B L I C S A F E T Y 4, 3 0 9 , 4 5 6 4 , 3 7 6 , 6 9 8 4 , 1 7 7 , 9 2 6 1 9 8 , 7 7 2 4 , 5 6 8 , 6 5 2 4 , 6 8 2 , 8 0 0 4 , 7 9 8 , 2 0 0 4 , 9 1 6 , 4 0 0 5 , 0 3 7 , 9 0 0 5 , 1 6 3 , 0 0 0 Pu b l i c W o r k s A d m i n i s t r a t i o n ( S t a f f i n g , P r o j e c t Ma n a g e m e n t a n d E n g i n e e r i n g ) (b ) 1, 8 6 5 , 6 6 6 2 , 0 9 5 , 4 0 8 1 , 9 7 4 , 6 3 4 1 2 0 , 7 7 4 1 , 9 7 5 , 4 2 5 2 , 1 6 1 , 0 0 0 2 , 3 0 1 , 2 0 0 2 , 3 4 9 , 5 0 0 2 , 4 0 1 , 2 0 0 2 , 4 5 6 , 4 0 0 Tr a f f i c M a n a g e m e n t (b ) 16 7 , 3 1 6 1 6 9 , 7 0 0 1 3 9 , 7 1 2 2 9 , 9 8 8 2 6 0 , 3 0 0 2 9 6 , 0 0 0 2 0 0 , 1 0 0 2 0 4 , 3 0 0 2 0 8 , 8 0 0 2 1 3 , 6 0 0 St o r m W a t e r Q u a l i t y ( N P D E S C o m p l i a n c e ) (b ) 11 5 , 6 6 1 1 8 0 , 3 0 0 9 2 , 9 4 5 8 7 , 3 5 5 1 8 0 , 8 0 0 4 0 5 , 5 0 0 2 0 9 , 8 0 0 2 1 4 , 2 0 0 2 1 8 , 9 0 0 2 2 3 , 9 0 0 Pu b l i c B u i l d i n g M a i n t e n a n c e (b ) 45 3 , 1 6 8 6 0 8 , 8 0 0 4 9 1 , 2 2 6 1 1 7 , 5 7 4 6 0 0 , 2 0 0 5 9 6 , 6 0 0 6 0 9 , 1 0 0 6 2 1 , 9 0 0 6 3 5 , 6 0 0 6 5 0 , 2 0 0 Pa r k s M a i n t e n a n c e (b ) 1, 0 6 6 , 5 8 7 1 , 1 6 7 , 2 7 0 1 , 0 1 2 , 0 6 0 1 5 5 , 2 1 0 1 , 3 0 4 , 0 0 0 1 , 3 5 1 , 1 3 0 1 , 3 0 7 , 6 0 0 1 , 3 3 5 , 1 0 0 1 , 3 6 4 , 5 0 0 1 , 3 9 5 , 9 0 0 Se w e r M a i n t e n a n c e (b ) 37 , 1 8 0 6 3 , 3 7 5 1 3 , 3 0 7 5 0 , 0 6 8 8 8 , 0 0 0 6 8 , 0 0 0 6 9 , 4 0 0 7 0 , 9 0 0 7 2 , 5 0 0 7 4 , 2 0 0 SU B T O T A L P U B L I C W O R K S 3, 7 0 5 , 5 7 9 4 , 2 8 4 , 8 5 3 3 , 7 2 3 , 8 8 4 5 6 0 , 9 6 9 4 , 4 0 8 , 7 2 5 4 , 8 7 8 , 2 3 0 4 , 6 9 7 , 2 0 0 4 , 7 9 5 , 9 0 0 4 , 9 0 1 , 5 0 0 5 , 0 1 4 , 2 0 0 Pl a n n i n g (b ) 1, 4 0 9 , 5 7 5 1 , 3 0 3 , 0 7 0 1 , 3 0 2 , 4 4 0 6 3 0 1 , 3 8 5 , 2 8 7 1 , 3 1 5 , 8 4 0 1 , 3 1 7 , 9 0 0 1 , 3 4 5 , 6 0 0 1 , 3 7 5 , 2 0 0 1 , 4 0 6 , 8 0 0 Bu i l d i n g & S a f e t y S e r v i c e s (b ) 56 9 , 3 1 8 5 8 6 , 8 0 6 5 7 4 , 6 1 3 1 2 , 1 9 3 6 4 9 , 6 9 4 6 7 0 , 7 0 0 6 6 1 , 3 0 0 6 7 5 , 2 0 0 6 9 0 , 1 0 0 7 0 6 , 0 0 0 Co d e E n f o r c e m e n t (b ) 17 8 , 0 0 5 2 0 7 , 0 0 0 1 8 7 , 2 3 7 1 9 , 7 6 3 2 1 3 , 3 0 0 2 1 4 , 9 0 0 2 1 9 , 4 0 0 2 2 4 , 0 0 0 2 2 8 , 9 0 0 2 3 4 , 2 0 0 Vi e w R e s t o r a t i o n / P r e s e r v a t i o n (b ) 32 9 , 5 5 3 3 3 7 , 4 0 0 3 2 4 , 5 2 0 1 2 , 8 8 0 3 6 8 , 3 0 0 3 8 1 , 3 0 0 3 8 9 , 3 0 0 3 9 7 , 5 0 0 4 0 6 , 2 0 0 4 1 5 , 5 0 0 Na t u r a l C o m m u n i t y C o n s e r v a t i o n P l a n n i n g ( N C C P ) 1 ,4 7 62 ,3 8 02 ,3 8 00 9 9 ,5 9 3 0 0 0 0 0 Ge o l o g y ( P r i v a t e l y I n i t i a t e d P r o j e c t s ) (g ) 12 0 , 3 6 0 1 5 0 , 0 0 0 8 8 , 7 0 8 6 1 , 2 9 2 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 SU B T O T A L C O M M U N I T Y D E V E L O P M E N T 2, 6 0 8 , 2 8 8 2 , 5 8 6 , 6 5 6 2 , 4 7 9 , 8 9 8 1 0 6 , 7 5 8 2 , 8 6 6 , 1 7 4 2 , 7 3 2 , 7 4 0 2 , 7 3 7 , 9 0 0 2 , 7 9 2 , 3 0 0 2 , 8 5 0 , 4 0 0 2 , 9 1 2 , 5 0 0 Re c r e a t i o n A d m i n i s t r a t i o n ( S t a f f i n g , P a r k R a n g e r s ) (b ) 40 0 , 3 7 6 5 9 3 , 7 0 0 5 5 5 , 6 6 4 3 8 , 0 3 6 6 1 8 , 1 7 5 6 5 7 , 2 5 0 6 7 1 , 1 0 0 6 8 5 , 2 0 0 7 0 0 , 3 0 0 7 1 6 , 4 0 0 Re c r e a t i o n F a c i l i t i e s (b ) 44 9 , 0 6 6 4 5 4 , 4 9 0 4 4 8 , 9 8 0 5 , 5 1 0 4 4 5 , 5 5 0 4 6 4 , 7 0 0 4 7 4 , 5 0 0 4 8 4 , 5 0 0 4 9 5 , 2 0 0 5 0 6 , 6 0 0 Sp e c i a l E v e n t s (b ) 27 , 7 7 6 5 2 , 5 3 9 4 5 , 0 2 5 7 , 5 1 4 9 7 , 0 6 1 8 8 , 3 5 0 9 0 , 2 0 0 9 2 , 1 0 0 9 4 , 1 0 0 9 6 , 3 0 0 Pt . V i c e n t e I n t e r p r e t i v e C e n t e r ( P V I C ) (b ) 32 2 , 8 9 0 38 2 , 2 7 5 3 5 6 , 7 0 9 2 5 , 5 6 6 3 9 3 , 3 7 5 4 0 4 , 8 7 5 4 1 3 , 4 0 0 4 2 2 , 1 0 0 4 3 1 , 4 0 0 4 4 1 , 3 0 0 RE A C H (b ) 37 , 2 8 9 5 3 , 7 0 0 4 8 , 0 3 6 5 , 6 6 4 4 8 , 0 0 0 3 9 , 1 0 0 3 9 , 9 0 0 4 0 , 7 0 0 4 1 , 6 0 0 4 2 , 6 0 0 SU B T O T A L R E C R E A T I O N & P A R K S 1, 2 3 7 , 3 9 6 1 , 5 3 6 , 7 0 4 1 , 4 5 4 , 4 1 4 8 2 , 2 9 0 1 , 6 0 2 , 1 6 1 1 , 6 5 4 , 2 7 5 1 , 6 8 9 , 1 0 0 1 , 7 2 4 , 6 0 0 1 , 7 6 2 , 6 0 0 1 , 8 0 3 , 2 0 0 NO N - D E P A R T M E N T A L 0 0 0 0 5 0 0 , 0 0 0 00 0 0 0 TO T A L G E N E R A L F U N D E X P E N D I T U R E S 17 , 0 8 1 , 2 7 0 1 8 , 6 4 5 , 7 9 4 1 7 , 4 6 0 , 8 9 8 1 , 1 8 4 , 8 9 6 1 9 , 6 2 3 , 4 7 2 1 9 , 6 9 3 , 2 4 5 1 9 , 6 1 3 , 1 0 0 2 0 , 1 9 2 , 5 0 0 2 0 , 4 9 3 , 6 0 0 2 1 , 1 2 4 , 1 0 0 GE N E R A L F U N D N E T B E F O R E T R A N S F E R S 5, 8 4 0 , 5 4 7 4 , 9 7 6 , 5 0 6 6 , 2 0 9 , 9 5 9 1 , 2 3 3 , 4 5 3 4 , 5 6 0 , 6 5 2 5 , 0 4 1 , 4 4 5 5 , 7 4 9 , 4 4 0 5 , 8 9 9 , 9 8 0 6 , 5 2 7 , 0 2 0 6 , 8 1 0 , 4 8 0 4-16 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 5 GE N E R A L F U N D T R A N S F E R D E T A I L GE N E R A L F U N D T R A N S F E R S I N : Fr o m M e a s u r e A M a i n t 16 0 , 6 4 1 1 0 0 , 0 0 0 1 0 0 , 0 0 0 0 1 0 0 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 Fr o m P u b l i c S a f e t y G r a n t s f u n d 10 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 Fr o m W a s t e R e d u c t i o n 12 , 0 0 0 1 2 , 0 0 0 0 ( 1 2 , 0 0 0 ) 1 2 , 0 0 0 5 , 0 0 0 5 , 1 0 0 5 , 2 0 0 5 , 3 0 0 5 , 4 0 0 Fr o m E m p l o y e e B e n e f i t s 0 3 4 0 , 0 0 0 3 4 0 , 0 0 0 0 0 00 0 0 0 Fr o m U t i l i t y U n d e r g r o u n d i n g - f u n d e l i m i n a t e d 27 5 , 9 8 8 0 0 0 0 00 0 0 0 Fr o m R o a d w a y B e a u t i f i c a t i o n - f u n d e l i m i n a t e d 10 2 , 3 9 0 0 0 0 0 00 0 0 0 To t a l G e n e r a l F u n d T r a n s f e r s I n 65 1 , 0 1 9 5 5 2 , 0 0 0 5 4 0 , 0 0 0 ( 1 2 , 0 0 0 ) 2 1 2 , 0 0 0 2 1 0 , 0 0 0 2 1 0 , 1 0 0 2 1 0 , 2 0 0 2 1 0 , 3 0 0 2 1 0 , 4 0 0 GE N E R A L F U N D T R A N S F E R S O U T : To C I P f u n d 6, 6 1 3 , 7 7 8 5 , 3 5 1 , 5 4 1 5 , 4 7 2 , 2 7 2 ( 1 2 0 , 7 3 1 ) 6 , 4 5 1 , 6 6 8 5 , 5 5 3 , 1 1 4 5 , 8 3 0 , 4 0 0 5 , 6 0 9 , 3 0 0 5 , 6 9 3 , 7 0 0 6 , 0 8 3 , 9 0 0 To C D B G 36,970 0 0 0 0 0 0 0 0 0 To I m p r o v e m e n t A u t h o r i t y P o r t u g u e s e B e n d 10 1 , 0 0 0 6 0 , 0 0 0 6 0 , 0 0 0 0 1 0 6 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 To I m p r o v e m e n t A u t h o r i t y A b a l o n e C o v e 0 0 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 To A b a l o n e C o v e S e w e r D i s t r i c t 32 , 7 0 0 1 0 , 7 0 0 1 0 , 7 0 0 0 1 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 To H a b i t a t R e s t o r a t i o n 10 9 , 9 0 0 9 0 , 0 0 0 9 0 , 0 0 0 0 9 0 , 0 0 0 1 5 0 , 0 0 0 1 6 3 , 0 0 0 1 7 7 , 0 0 0 1 9 1 , 0 0 0 2 0 6 , 0 0 0 To S u b r e g i o n 1 M a i n t e n a n c e F u n d 70 , 0 0 0 6 0 , 0 0 0 6 0 , 0 0 0 0 6 5 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 To t a l G e n e r a l F u n d T r a n s f e r s O u t 6, 9 6 4 , 3 4 8 5 , 5 7 2 , 2 4 1 5 , 6 9 2 , 9 7 2 ( 1 2 0 , 7 3 1 ) 6 , 7 2 3 , 3 6 8 5 , 9 0 4 , 8 1 4 6 , 1 9 5 , 1 0 0 5 , 9 8 8 , 0 0 0 6 , 0 8 6 , 4 0 0 6 , 4 9 1 , 6 0 0 Ne t A c t i v i t y (4 7 2 , 7 8 2 ) ( 4 3 , 7 3 5 ) 1 , 0 5 6 , 9 8 7 1 , 1 0 0 , 7 2 2 ( 1 , 9 5 0 , 7 1 6 ) ( 6 5 3 , 3 6 9 ) ( 2 3 5 , 5 6 0 ) 1 2 2 , 1 8 0 6 5 0 , 9 2 0 5 2 9 , 2 8 0 4-17 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 6 GE N E R A L F U N D S U M M A R Y Be g i n n i n g F u n d B a l a n c e 19 , 3 7 3 , 0 4 2 1 8 , 9 0 0 , 2 6 0 1 8 , 9 0 0 , 2 6 0 0 1 9 , 9 5 7 , 2 4 7 1 8 , 0 0 6 , 5 3 1 1 7 , 3 5 3 , 1 6 2 1 7 , 1 1 7 , 6 0 2 1 7 , 2 3 9 , 7 8 2 1 7 , 8 9 0 , 7 0 2 Pl u s : R e v e n u e s 22 , 9 2 1 , 8 1 8 2 3 , 6 2 2 , 3 0 0 2 3 , 6 7 0 , 8 5 7 4 8 , 5 5 7 2 4 , 1 8 4 , 1 2 4 2 4 , 7 3 4 , 6 9 0 2 5 , 3 6 2 , 5 4 0 2 6 , 0 9 2 , 4 8 0 2 7 , 0 2 0 , 6 2 0 2 7 , 9 3 4 , 5 8 0 Le s s : E x p e n d i t u r e s (1 7 , 0 8 1 , 2 7 0 ) ( 1 8 , 6 4 5 , 7 9 4 ) ( 1 7 , 4 6 0 , 8 9 8 ) 1 , 1 8 4 , 8 9 6 ( 1 9 , 6 2 3 , 4 7 2 ) ( 19 , 6 9 3 , 2 4 5 ) ( 1 9 , 6 1 3 , 1 0 0 ) ( 2 0 , 1 9 2 , 5 0 0 ) ( 2 0 , 4 9 3 , 6 0 0 ) ( 2 1 , 1 2 4 , 1 0 0 ) Pl u s : T r a n s f e r s I n 65 1 , 0 1 9 5 5 2 , 0 0 0 5 4 0 , 0 0 0 ( 1 2 , 0 0 0 ) 2 1 2 , 0 0 0 2 1 0 , 0 0 0 2 1 0 , 1 0 0 2 1 0 , 2 0 0 2 1 0 , 3 0 0 2 1 0 , 4 0 0 Le s s : T r a n s f e r s O u t (6 , 9 6 4 , 3 4 8 ) ( 5 , 5 7 2 , 2 4 1 ) ( 5 , 6 9 2 , 9 7 2 ) ( 1 2 0 , 7 3 1 ) ( 6 , 7 2 3 , 3 6 8 ) ( 5 , 9 0 4 , 8 1 4 ) ( 6 , 1 9 5 , 1 0 0 ) ( 5 , 9 8 8 , 0 0 0 ) ( 6 , 0 8 6 , 4 0 0 ) ( 6 , 4 9 1 , 6 0 0 ) En d i n g F u n d B a l a n c e 18 , 9 0 0 , 2 6 0 1 8 , 8 5 6 , 5 2 5 1 9 , 9 5 7 , 2 4 7 1 , 1 0 0 , 7 2 2 1 8 , 0 0 6 , 5 3 1 1 7 , 3 5 3 , 1 6 2 1 7 , 1 1 7 , 6 0 2 1 7 , 2 3 9 , 7 8 2 1 7 , 8 9 0 , 7 0 2 1 8 , 4 1 9 , 9 8 2 Le s s N o n - S p e n d a b l e , R e s t r i c t e d , C o m m i t t e d & As s i g n e d : Lo n g - T e r m A d v a n c e t o R D A ( P r i n c i p a l O n l y ) 6, 6 5 2 , 8 5 9 6 , 7 4 2 , 7 7 7 6 , 7 4 2 , 7 7 8 (1 ) 6 , 7 4 2 , 7 7 8 6 , 7 4 2 , 7 7 8 6 , 7 4 2 , 7 7 8 6 , 7 4 2 , 7 7 8 6 , 7 4 2 , 7 7 8 6 , 7 4 2 , 7 7 8 Co n t i n u i n g A p p r o p r i a t i o n s 82 0 , 4 7 4 6 8 8 , 5 0 2 6 8 8 , 5 0 2 0 6 8 8 , 5 0 2 6 8 8 , 5 0 2 6 8 8 , 5 0 2 6 8 8 , 5 0 2 6 8 8 , 5 0 2 6 8 8 , 5 0 2 In v e n t o r y & O t h e r 41 , 1 6 8 7 3 8 , 4 0 5 6 1 , 5 2 8 6 7 6 , 8 7 7 6 1 , 5 2 8 6 1 , 5 2 8 6 1 , 5 2 8 6 1 , 5 2 8 6 1 , 5 2 8 6 1 , 5 2 8 Un a s s i g n e d F u n d B a l a n c e ( A v a i l a b l e f o r S p e n d i n g ) 11 , 3 8 5 , 7 5 9 1 0 , 6 8 6 , 8 4 1 1 2 , 4 6 4 , 4 3 9 1 , 7 7 7 , 5 9 8 1 0 , 5 1 3 , 7 2 3 9 , 8 6 0 , 3 5 4 9 , 6 2 4 , 7 9 4 9 , 7 4 6 , 9 7 4 1 0 , 3 9 7 , 8 9 4 1 0 , 9 2 7 , 1 7 4 Po l i c y R e s e r v e T h r e s h o l d ( 5 0 % o f E x p e n d i t u r e s ) 8, 5 4 0 , 6 3 5 9 , 3 2 2 , 8 9 7 8 , 7 3 0 , 4 4 9 ( 5 9 2 , 4 4 8 ) 9 , 8 1 1 , 7 3 6 9 , 8 4 6 , 6 2 3 9 , 8 0 6 , 5 5 0 1 0 , 0 9 6 , 2 5 0 1 0 , 2 4 6 , 8 0 0 1 0 , 5 6 2 , 0 5 0 Ex c e s s / ( D e f i c i e n t ) G e n e r a l F u n d R e s e r v e s 2, 8 4 5 , 1 2 4 1 , 3 6 3 , 9 4 4 3 , 7 3 3 , 9 9 0 2 , 3 7 0 , 0 4 6 7 0 1 , 9 8 7 1 3 , 7 3 2 ( 1 8 1 , 7 5 6 ) ( 3 4 9 , 2 7 6 ) 1 5 1 , 0 9 4 3 6 5 , 1 2 4 4-18 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 7 BE A U T I F I C A T I O N F U N D D E T A I L ( F u n d - 2 1 2 ) Re v e n u e s Be a u t i f i c a t i o n r e v e n u e 29 6 , 0 0 0 0 0 0 1 3 2 , 0 0 0 00 0 0 0 In t e r e s t e a r n i n g s (h ) 4, 2 5 4 2 8 1 , 6 0 0 3 1 1 , 7 3 4 3 0 , 1 3 4 2 , 0 6 0 1 , 5 3 0 1 , 4 3 0 8 2 0 0 0 To t a l R e v e n u e 30 0 , 2 5 4 2 8 1 , 6 0 0 3 1 1 , 7 3 4 3 0 , 1 3 4 1 3 4 , 0 6 0 1, 5 3 0 1 , 4 3 0 8 2 0 0 0 Ex p e n d i t u r e s Pe r s o n n e l s e r v i c e s 1 5 ,2 7 61 5 ,8 0 01 5 ,7 2 37 71 5 ,5 0 0 0 0 0 0 0 Be a u t i f i c a t i o n G r a n t s 0 1 5 0 , 0 0 0 0 1 5 0 , 0 0 0 0 00 0 0 0 Op e r a t i o n s & m a i n t e n a n c e 6 1 ,1 0 04 ,5 0 04 ,5 0 00 4 ,6 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 76 , 3 7 6 1 7 0 , 3 0 0 2 0 , 2 2 3 1 5 0 , 0 7 7 2 0 , 1 0 0 00 0 0 0 BE A U T I F I C A T I O N F U N D N E T B E F O R E T R A N S F E R S 22 3 , 8 7 8 1 1 1 , 3 0 0 2 9 1 , 5 1 1 1 8 0 , 2 1 1 1 1 3 , 9 6 0 1, 5 3 0 1 , 4 3 0 8 2 0 0 0 Tr a n s f e r s O u t To C I P f u n d - S t r e e t I m p r o v e m e n t s ( m e d i a n p r o j e c t s ) 0 5 0 0 , 5 0 0 2 6 , 8 1 0 4 7 3 , 6 9 0 4 7 3 , 6 9 0 00 0 0 0 To S t r e e t M a i n t e n a n c e f u n d ( m e d i a n m a i n t e n a n c e ) (b ) 16 5 , 2 0 0 1 1 6 , 0 0 0 1 1 6 , 0 0 0 0 1 9 3 , 0 0 0 2 1 4 , 0 0 0 2 1 8 , 5 0 0 8 4 , 0 3 1 0 0 To t a l T r a n s f e r s O u t 16 5 , 2 0 0 6 1 6 , 5 0 0 1 4 2 , 8 1 0 4 7 3 , 6 9 0 6 6 6 , 6 9 0 2 1 4 , 0 0 0 2 1 8 , 5 0 0 8 4 , 0 3 1 0 0 BE A U T I F I C A T I O N F U N D S U M M A R Y Be g i n n i n g F u n d B a l a n c e 85 8 , 1 0 2 9 1 6 , 7 8 0 9 1 6 , 7 8 0 0 1 , 0 6 5 , 4 8 1 5 1 2 , 7 5 1 3 0 0 , 2 8 1 8 3 , 2 1 1 0 0 Pl u s : R e v e n u e s 30 0 , 2 5 4 2 8 1 , 6 0 0 3 1 1 , 7 3 4 3 0 , 1 3 4 1 3 4 , 0 6 0 1, 5 3 0 1 , 4 3 0 8 2 0 0 0 Le s s : E x p e n d i t u r e s (7 6 , 3 7 6 ) ( 1 7 0 , 3 0 0 ) ( 2 0 , 2 2 3 ) 1 5 0 , 0 7 7 ( 2 0 , 1 0 0 ) 00 0 0 0 Le s s : T r a n s f e r s O u t (1 6 5 , 2 0 0 ) ( 6 1 6 , 5 0 0 ) ( 1 4 2 , 8 1 0 ) 4 7 3 , 6 9 0 ( 6 6 6 , 6 9 0 ) ( 2 1 4 , 0 0 0 ) ( 2 1 8 , 5 0 0 ) ( 8 4 , 0 3 1 ) 0 0 En d i n g F u n d B a l a n c e 91 6 , 7 8 0 4 1 1 , 5 8 0 1 , 0 6 5 , 4 8 1 6 5 3 , 9 0 1 5 1 2 , 7 5 1 3 0 0 , 2 8 1 8 3 , 2 1 10 0 0 4-19 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 8 CI P F U N D D E T A I L ( F u n d - 3 3 0 ) Re v e n u e s Ca p i t a l G r a n t s & C o n t r i b u t i o n s 5, 6 7 5 4 , 0 4 7 , 5 6 7 1 3 9 , 3 3 9 ( 3 , 9 0 8 , 2 2 8 ) 4 , 0 8 5 , 1 6 7 1 , 2 0 0 , 0 0 0 0 3 , 0 4 7 , 6 0 0 5 0 0 , 0 0 0 1 , 6 0 0 , 0 0 0 In t e r e s t e a r n i n g s (h ) 32 , 4 8 5 2 8 , 6 0 0 3 6 , 7 8 0 8 , 1 8 0 4 2 , 3 0 0 2 0 , 4 0 0 3 3 , 1 0 0 4 4 , 8 0 0 2 0 0 , 9 0 0 3 6 6 , 7 0 0 To t a l C I P F u n d R e v e n u e 38 , 1 5 9 4 , 0 7 6 , 1 6 7 1 7 6 , 1 1 9 ( 3 , 9 0 0 , 0 4 8 ) 4 , 1 2 7 , 4 6 7 1 , 2 2 0 , 4 0 0 3 3 , 1 0 0 3 , 0 9 2 , 4 0 0 7 0 0 , 9 0 0 1 , 9 6 6 , 7 0 0 Ex p e n d i t u r e s To t a l C I P F u n d E x p e n d i t u r e s ( s e e E x h i b i t C ) 2, 3 8 5 , 3 0 6 5 , 3 3 6 , 0 5 3 2 , 9 3 9 , 4 3 1 2 , 3 9 6 , 6 2 2 1 3 , 4 7 6 , 4 2 9 8 , 0 2 9 , 9 7 5 9 , 8 8 0 , 0 0 0 6 , 4 9 5 , 3 0 0 5 , 0 5 5 , 0 0 0 1 2 , 4 6 0 , 0 0 0 CI P F U N D N E T B E F O R E T R A N S F E R S (2 , 3 4 7 , 1 4 7 ) ( 1 , 2 5 9 , 8 8 6 ) ( 2 , 7 6 3 , 3 1 2 ) ( 1 , 5 0 3 , 4 2 6 ) ( 9 , 3 4 8 , 9 6 2 ) ( 6 , 8 0 9 , 5 7 5 ) ( 9 , 8 4 6 , 9 0 0 ) ( 3 , 4 0 2 , 9 0 0 ) ( 4 , 3 5 4 , 1 0 0 ) ( 1 0 , 4 9 3 , 3 0 0 ) Tr a n s f e r s I n Fr o m G e n e r a l f u n d 6, 6 1 3 , 7 7 8 5 , 3 5 1 , 5 4 1 5 , 4 7 2 , 2 7 2 1 2 0 , 7 3 1 6 , 4 5 1 , 6 6 8 5 , 5 5 3 , 1 1 4 5 , 8 3 0 , 4 0 0 5 , 6 0 9 , 3 0 0 5 , 6 9 3 , 7 0 0 6 , 0 8 3 , 9 0 0 Fr o m S t r e e t M a i n t e n a n c e f u n d 4 ,4 1 95 2 ,6 6 15 2 ,6 6 10 0 0 0 0 0 0 Fr o m W a s t e R e d u c t i o n f u n d 4 1 ,0 0 07 0 ,0 0 07 0 ,0 0 00 0 0 0 0 0 0 Fr o m M e a s u r e R f u n d 9, 8 6 8 9 9 2 , 2 1 2 6 2 8 , 2 1 2 ( 3 6 4 , 0 0 0 ) 5 6 4 , 0 0 0 0 1 , 0 0 0 , 0 0 0 0 1 , 0 0 0 , 0 0 0 5 0 0 , 0 0 0 Fr o m M e a s u r e A C a p i t a l / M a i n t e n a n c e f u n d 0 1 5 0 , 0 0 0 0 ( 1 5 0 , 0 0 0 ) 1 5 0 , 0 0 0 00 0 0 0 Fr o m P r o p o s i t i o n C f u n d 13 2 , 9 9 3 1 , 5 4 6 , 9 2 7 2 4 0 , 0 0 0 ( 1 , 3 0 6 , 9 2 7 ) 1 , 3 0 6 , 9 2 7 7 0 , 0 0 0 0 7 0 , 0 0 0 0 2 0 0 , 0 0 0 Fr o m P r o p o s i t i o n A f u n d 0 0 0 0 0 0 4 8 ,0 0 00 0 0 Fr o m B u i l d i n g R e p l a c e m e n t 0 1 4 5 , 0 0 0 3 0 , 5 1 7 ( 1 1 4 , 4 8 3 ) 0 00 0 0 0 Fr o m B i k e w a y s f u n d 26 , 9 7 3 2 5 , 0 0 0 0 ( 2 5 , 0 0 0 ) 6 1 , 0 1 5 2 6 , 5 8 6 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 Fr o m Q u i m b y F u n d 0 0 0 0 0 9 9 3 , 0 0 0 3 0 0 , 0 0 00 0 0 Fr o m E E T f u n d 86 , 3 0 0 0 0 0 5 0 , 0 0 0 3 0 0 , 0 0 0 2 5 0 , 0 0 0 5 0 , 0 0 0 0 0 Fr o m B e a u t i f i c a t i o n f u n d 0 5 0 0 , 5 0 0 2 6 , 8 1 0 ( 4 7 3 , 6 9 0 ) 4 7 3 , 6 9 0 00 0 0 0 To t a l T r a n s f e r s I n 6, 9 1 5 , 3 3 1 8 , 8 3 3 , 8 4 1 6 , 5 2 0 , 4 7 2 ( 2 , 3 1 3 , 3 6 9 ) 9 , 0 5 7 , 3 0 0 6 , 9 4 2 , 7 0 0 7 , 4 5 5 , 0 0 0 5 , 7 5 5 , 9 0 0 6 , 7 2 0 , 3 0 0 6 , 8 1 0 , 5 0 0 Tr a n s f e r s O u t 0 0 0 0 8 , 2 9 3 , 0 0 9 00 0 0 61 0 , 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 8 , 2 9 3 , 0 0 9 00 0 0 61 0 , 0 0 0 CI P F U N D S U M M A R Y Be g i n n i n g F u n d B a l a n c e 7, 0 8 1 , 5 9 6 1 1 , 6 4 9 , 7 8 0 1 1 , 6 4 9 , 7 8 0 0 1 5 , 4 0 6 , 9 4 0 6 , 8 2 2 , 2 6 9 6 , 9 5 5 , 3 9 4 4 , 5 6 3 , 4 9 4 6 , 9 1 6 , 4 9 4 9 , 2 8 2 , 6 9 4 Pl u s : R e v e n u e s 38 , 1 5 9 4 , 0 7 6 , 1 6 7 1 7 6 , 1 1 9 ( 3 , 9 0 0 , 0 4 8 ) 4 , 1 2 7 , 4 6 7 1 , 2 2 0 , 4 0 0 3 3 , 1 0 0 3 , 0 9 2 , 4 0 0 7 0 0 , 9 0 0 1 , 9 6 6 , 7 0 0 Le s s : E x p e n d i t u r e s (2 , 3 8 5 , 3 0 6 ) ( 5 , 3 3 6 , 0 5 3 ) ( 2 , 9 3 9 , 4 3 1 ) 2 , 3 9 6 , 6 2 2 ( 1 3 , 4 7 6 , 4 2 9 ) ( 8 , 0 2 9 , 9 7 5 ) ( 9 , 8 8 0 , 0 0 0 ) ( 6 , 4 9 5 , 3 0 0 ) ( 5 , 0 5 5 , 0 0 0 ) ( 1 2 , 4 6 0 , 0 0 0 ) Pl u s : T r a n s f e r s I n 6, 9 1 5 , 3 3 1 8 , 8 3 3 , 8 4 1 6 , 5 2 0 , 4 7 2 ( 2 , 3 1 3 , 3 6 9 ) 9 , 0 5 7 , 3 0 0 6 , 9 4 2 , 7 0 0 7 , 4 5 5 , 0 0 0 5 , 7 5 5 , 9 0 0 6 , 7 2 0 , 3 0 0 6 , 8 1 0 , 5 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 ( 8 , 2 9 3 , 0 0 9 ) 00 0 0 ( 61 0 , 0 0 0 ) Fu n d B a l a n c e 11 , 6 4 9 , 7 8 0 1 9 , 2 2 3 , 7 3 5 1 5 , 4 0 6 , 9 4 0 ( 3 , 8 1 6 , 7 9 5 ) 6 , 8 2 2 , 2 6 9 6 , 9 5 5 , 3 9 4 4 , 5 6 3 , 4 9 4 6 , 9 1 6 , 4 9 4 9 , 2 8 2 , 6 9 4 4 , 9 8 9 , 8 9 4 Mi n i m u m E m e r g e n c y P r o j e c t s R e s e r v e 3, 0 0 0 , 0 0 0 3, 0 0 0 , 0 0 0 3, 0 0 0 , 0 0 0 3 , 0 0 0 , 0 0 0 3 , 0 0 0 , 0 0 0 3 , 0 0 0 , 0 0 0 3 , 0 0 0 , 0 0 0 3 , 0 0 0 , 0 0 0 Ex c e s s R e s e r v e f o r F u t u r e P r o j e c t s 8, 6 4 9 , 7 8 0 12 , 4 0 6 , 9 4 0 3, 8 2 2 , 2 6 9 3 , 9 5 5 , 3 9 4 1 , 5 6 3 , 4 9 4 3 , 9 1 6 , 4 9 4 6 , 2 8 2 , 6 9 4 1 , 9 8 9 , 8 9 4 4-20 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 9 EQ U I P M E N T R E P L A C E M E N T F U N D D E T A I L ( F u n d - 68 1 ) Re v e n u e s In t e r f u n d c h a r g e s (b ) 59 , 1 0 0 4 8 0 , 0 0 0 4 8 0 , 0 0 0 0 5 6 8 , 6 0 0 7 3 1 , 3 0 0 7 4 6 , 7 0 0 7 6 2 , 4 0 0 7 7 9 , 2 0 0 7 9 7 , 1 0 0 Mi s c e l l a n e o u s r e v e n u e s 10,100 0 0 0 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 11 , 4 0 4 8 , 6 0 0 8 , 2 4 4 ( 3 5 6 ) 8 , 7 0 0 5 , 3 0 0 8 , 6 0 0 1 8 , 3 0 0 5 5 , 7 0 0 7 9 , 5 0 0 To t a l R e v e n u e 80 , 6 0 4 4 8 8 , 6 0 0 4 8 8 , 2 4 4 ( 3 5 6 ) 5 7 7 , 3 0 0 7 3 6 , 6 0 0 7 5 5 , 3 0 0 7 8 0 , 7 0 0 8 3 4 , 9 0 0 8 7 6 , 6 0 0 Ex p e n s e s Ve h i c l e s a n d v e h i c l e m a i n t e n a n c e (b ) 68 , 0 9 1 3 9 , 5 0 0 6 7 , 1 2 0 ( 2 7 , 6 2 0 ) 9 7 , 0 0 0 2 7 , 0 0 0 2 7 , 6 0 0 2 8 , 2 0 0 2 8 , 8 0 0 2 9 , 5 0 0 Co m p u t e r e q u i p m e n t a n d m a i n t e n a n c e (b ) 11 3 , 0 6 8 4 0 0 , 2 1 1 3 1 7 , 4 8 5 8 2 , 7 2 6 1 , 2 2 6 , 1 0 0 5 5 6 , 9 0 0 5 6 8 , 6 0 0 5 8 0 , 5 0 0 5 9 3 , 3 0 0 6 0 6 , 9 0 0 Fu r n i t u r e a n d e q u i p m e n t m a i n t e n a n c e (b ) 12 6 , 5 1 1 8 5 , 2 0 0 1 1 9 , 4 2 7 ( 3 4 , 2 2 7 ) 1 2 8 , 0 0 0 1 1 0 , 0 0 0 1 1 2 , 3 0 0 1 1 4 , 7 0 0 1 1 7 , 2 0 0 1 1 9 , 9 0 0 To t a l E x p e n s e s 30 7 , 6 7 0 5 2 4 , 9 1 1 5 0 4 , 0 3 2 2 0 , 8 7 9 1 , 4 5 1 , 1 0 0 6 9 3 , 9 0 0 7 0 8 , 5 0 0 7 2 3 , 4 0 0 7 3 9 , 3 0 0 7 5 6 , 3 0 0 EQ U I P M E N T R E P L A C E M E N T F U N D N E T B E F O R E TR A N S F E R S (2 2 7 , 0 6 6 ) ( 3 6 , 3 1 1 ) ( 1 5 , 7 8 8 ) 2 0 , 5 2 3 ( 8 7 3 , 8 0 0 ) 4 2 , 7 0 0 4 6 , 8 0 0 5 7 , 3 0 0 9 5 , 6 0 0 1 2 0 , 3 0 0 Tr a n s f e r s I n - A Q M D / f u n d 2 1 4 0 0 0 0 6 0 ,0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 6 0 ,0 0 0 0 0 0 0 0 Tr a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 EQ U I P M E N T R E P L A C E M E N T N E T A S S E T Be g i n n i n g N e t A s s e t s 2, 8 1 8 , 4 4 8 2 , 6 0 1 , 0 3 0 2 , 6 0 1 , 0 3 0 0 2 , 5 8 4 , 0 9 0 1 , 7 7 0 , 2 9 0 1 , 8 1 2 , 9 9 0 1 , 8 5 9 , 7 9 0 1 , 9 1 7 , 0 9 0 2 , 0 1 2 , 6 9 0 Pl u s : R e v e n u e s 80 , 6 0 4 4 8 8 , 6 0 0 4 8 8 , 2 4 4 ( 3 5 6 ) 5 7 7 , 3 0 0 7 3 6 , 6 0 0 7 5 5 , 3 0 0 7 8 0 , 7 0 0 8 3 4 , 9 0 0 8 7 6 , 6 0 0 Le s s : E x p e n s e s (3 0 7 , 6 7 0 ) ( 5 2 4 , 9 1 1 ) ( 5 0 4 , 0 3 2 ) 2 0 , 8 7 9 ( 1 , 4 5 1 , 1 0 0 ) ( 6 9 3 , 9 0 0 ) ( 7 0 8 , 5 0 0 ) ( 7 2 3 , 4 0 0 ) ( 7 3 9 , 3 0 0 ) ( 7 5 6 , 3 0 0 ) Pl u s : T r a n s f e r s I n 0 0 0 0 6 0 ,0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 (I n c r e a s e ) / D e c r e a s e i n C a p i t a l A s s e t s 9, 6 4 8 0 ( 1 , 1 5 2 ) ( 1 , 1 5 2 ) 0 Un r e s t r i c t e d N e t A s s e t s ( S p e n d a b l e ) 2, 6 0 1 , 0 3 0 2 , 5 6 4 , 7 1 9 2 , 5 8 4 , 0 9 0 1 9 , 3 7 1 1 , 7 7 0 , 2 9 0 1 , 8 1 2 , 9 9 0 1 , 8 5 9 , 7 9 0 1 , 9 1 7 , 0 9 0 2 , 0 1 2 , 6 9 0 2 , 1 3 2 , 9 9 0 In v e s t e d I n C a p i t a l A s s e t s 25 3 , 6 9 8 25 4 , 8 5 0 To t a l N e t A s s e t s P e r F i n a n c i a l S t a t e m e n t s 2, 8 5 4 , 7 2 8 2, 8 3 8 , 9 4 0 4-21 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 1 0 BU I L D I N G R E P L A C E M E N T F U N D D E T A I L ( F u n d - 6 8 6 ) Re v e n u e s Gr a n t R e v e n u e 15 6 , 0 9 4 0 0 0 0 00 0 0 0 In t e r e s t e a r n i n g s (h ) 4, 2 2 6 3 , 2 0 0 2 , 9 5 6 ( 2 4 4 ) 4 , 1 0 0 2 , 8 0 0 4 , 5 0 0 9 , 3 0 0 2 7 , 8 0 0 3 8 , 9 0 0 To t a l R e v e n u e 16 0 , 3 2 0 3 , 2 0 0 2 , 9 5 6 ( 2 4 4 ) 4 , 1 0 0 2, 8 0 0 4 , 5 0 0 9 , 3 0 0 2 7 , 8 0 0 3 8 , 9 0 0 Ex p e n s e s Pr o f e s s i o n a l S e r v i c e s 6 3 ,3 1 3 0 0 0 0 0 0 0 0 0 Bu i l d i n g I m p r o v e m e n t s 14 8 , 0 0 1 2 1 , 2 0 8 2 0 , 7 5 5 4 5 3 5, 4 7 9 00 0 0 0 To t a l E x p e n s e s 21 1 , 3 1 5 2 1 , 2 0 8 2 0 , 7 5 5 4 5 3 5, 4 7 9 00 0 0 0 BU I L D I N G R E P L A C E M E N T F U N D N E T B E F O R E TR A N S F E R S (5 0 , 9 9 5 ) ( 1 8 , 0 0 8 ) ( 1 7 , 7 9 9 ) 2 0 9 ( 1 , 3 7 9 ) 2, 8 0 0 4 , 5 0 0 9 , 3 0 0 2 7 , 8 0 0 3 8 , 9 0 0 Tr a n s f e r s I n Fr o m G e n e r a l f u n d 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r s O u t - C I P 0 1 4 5 , 0 0 0 3 0 , 5 1 7 1 1 4 , 4 8 3 0 00 0 0 0 To t a l T r a n s f e r s O u t 0 1 4 5 , 0 0 0 3 0 , 5 1 7 1 1 4 , 4 8 3 0 00 0 0 0 BU I L D I N G R E P L A C E M E N T N E T A S S E T S U M M A R Y : Be g i n n i n g N e t A s s e t s 1, 0 4 2 , 3 1 8 9 9 1 , 3 2 2 9 9 1 , 3 2 2 0 9 4 3 , 0 0 6 9 4 1 , 6 2 7 9 4 4 , 4 2 7 9 4 8 , 9 2 7 9 5 8 , 2 2 7 9 8 6 , 0 2 7 Pl u s : R e v e n u e s 16 0 , 3 2 0 3 , 2 0 0 2 , 9 5 6 ( 2 4 4 ) 4 , 1 0 0 2, 8 0 0 4 , 5 0 0 9 , 3 0 0 2 7 , 8 0 0 3 8 , 9 0 0 Le s s : E x p e n s e s (2 1 1 , 3 1 5 ) ( 2 1 , 2 0 8 ) ( 2 0 , 7 5 5 ) 4 5 3 ( 5 , 4 7 9 ) 00 0 0 0 Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t 0 ( 1 4 5 , 0 0 0 ) ( 3 0 , 5 1 7 ) 1 1 4 , 4 8 3 0 00 0 0 0 En d i n g N e t A s s e t s 99 1 , 3 2 2 8 2 8 , 3 1 4 9 4 3 , 0 0 6 1 1 4 , 6 9 2 9 4 1 , 6 2 7 9 4 4 , 4 2 7 9 4 8 , 9 2 7 9 5 8 , 2 2 7 9 8 6 , 0 2 7 1 , 0 2 4 , 9 2 7 4-22 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 1 1 EM P L O Y E E B E N E F I T S F U N D D E T A I L (F u n d - 6 8 5 ) Re v e n u e s In t e r f u n d C h a r g e f o r S e r v i c e s 1, 7 9 5 , 3 4 7 1 , 8 2 1 , 5 0 0 1 , 8 2 1 , 5 0 0 0 1 , 8 9 6 , 3 0 0 1 , 9 9 3 , 4 2 5 2 , 0 7 7 , 6 2 2 2 , 1 9 8 , 3 4 5 2 , 3 2 3 , 7 9 3 2 , 4 5 3 , 6 4 3 In t e r e s t e a r n i n g s & m i s c r e v e n u e (h ) 81 2 1 , 7 2 0 2 8 , 8 3 7 2 7 , 1 1 7 24 0 90 1 4 0 3 0 0 8 9 0 1 , 2 4 0 To t a l R e v e n u e 1, 7 9 6 , 1 5 9 1 , 8 2 3 , 2 2 0 1 , 8 5 0 , 3 3 7 2 7 , 1 1 7 1 , 8 9 6 , 5 4 0 1 , 9 9 3 , 5 1 5 2 , 0 7 7 , 7 6 2 2 , 1 9 8 , 6 4 5 2 , 3 2 4 , 6 8 3 2 , 4 5 4 , 8 8 3 Ex p e n s e s Re t i r e m e n t ( P E R S ) - E m p l o y e r C o n t r i b u t i o n (b ) + 77 0 , 5 4 0 7 6 8 , 4 0 0 7 3 5 , 3 6 6 3 3 , 0 3 4 7 7 4 , 8 0 0 7 9 7 , 4 0 0 8 5 6 , 8 2 2 9 5 2 , 3 4 5 1 , 0 5 0 , 6 9 3 1 , 1 5 1 , 5 4 3 De f i n e d C o n t . R e t . H e a l t h C a r e A c c o u n t s (b ) 73 , 4 6 5 7 4 , 3 0 0 7 5 , 5 6 7 ( 1 , 2 6 7 ) 7 8 , 1 0 0 8 0 , 6 0 0 8 2 , 3 0 0 8 4 , 0 0 0 8 5 , 8 0 0 8 7 , 8 0 0 In s u r a n c e - E m p l o y e e H e a l t h (b ) 70 2 , 4 7 8 7 1 8 , 6 0 0 7 4 9 , 8 9 9 ( 3 1 , 2 9 9 ) 8 4 0 , 5 0 0 8 8 8 , 1 0 0 9 0 6 , 8 0 0 9 2 5 , 8 0 0 9 4 6 , 2 0 0 9 6 8 , 0 0 0 FI C A / M e d i c a r e (b ) 90 , 9 1 7 7 7 , 1 0 0 8 7 , 7 3 3 ( 1 0 , 6 3 3 ) 9 2 , 1 0 0 9 0 , 6 2 5 9 2 , 5 0 0 9 4 , 4 0 0 9 6 , 5 0 0 9 8 , 7 0 0 Pe r f o r m a n c e I n c e n t i v e P r o g r a m 48 , 6 7 8 1 1 7 , 7 8 4 1 2 1 , 7 0 7 ( 3 , 9 2 3 ) 6 0 , 9 0 0 00 0 0 0 Ed u c a t i o n R e i m b u r s e m e n t (b ) 68 5 8 0 0 50 0 3 0 0 80 0 80 0 8 0 0 8 0 0 8 0 0 8 0 0 De f e r r e d C o m p M a t c h 0 1 5 , 0 0 0 1 5 , 0 0 0 0 1 5 , 0 0 0 1 5 , 0 0 0 1 5 , 0 0 0 1 5 , 0 0 0 1 5 , 0 0 0 1 5 , 0 0 0 W o r k e r C o m p e n s a t i o n I n s u r a n c e (b ) 17 , 9 9 1 9 8 , 0 0 0 8 4 , 1 7 3 1 3 , 8 2 7 9 5 , 0 0 0 1 2 0 , 9 0 0 1 2 3 , 4 0 0 1 2 6 , 0 0 0 1 2 8 , 8 0 0 1 3 1 , 8 0 0 To t a l E x p e n s e s 1, 7 0 4 , 7 5 5 1 , 8 6 9 , 9 8 4 1 , 8 6 9 , 9 4 5 39 1 , 9 5 7 , 2 0 0 1 , 9 9 3 , 4 2 5 2 , 0 7 7 , 6 2 2 2 , 1 9 8 , 3 4 5 2 , 3 2 3 , 7 9 3 2 , 4 5 3 , 6 4 3 EM P L O Y E E B E N E F I T S F U N D N E T B E F O R E TR A N S F E R S 91 , 4 0 3 ( 4 6 , 7 6 4 ) ( 1 9 , 6 0 8 ) 2 7 , 1 5 6 ( 6 0 , 6 6 0 ) 90 1 4 0 3 0 0 8 9 0 1 , 2 4 0 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r I n 0 0 0 0 0 0 0 0 0 0 Fu n d T r a n s f e r O u t - G F 0 3 4 0 , 0 0 0 3 4 0 , 0 0 0 0 0 00 0 0 0 To t a l T r a n s f e r O u t 0 3 4 0 , 0 0 0 3 4 0 , 0 0 0 0 0 00 0 0 0 EM P L O Y E E B E N E F I T S N E T A S S E T S U M M A R Y : Be g i n n i n g N e t A s s e t s 35 8 , 9 4 7 4 5 0 , 3 5 0 4 5 0 , 3 5 0 0 9 0 , 7 4 2 3 0 , 0 8 2 3 0 , 1 7 2 3 0 , 3 1 2 3 0 , 6 1 2 3 1 , 5 0 2 Pl u s : R e v e n u e s 1, 7 9 6 , 1 5 9 1 , 8 2 3 , 2 2 0 1 , 8 5 0 , 3 3 7 2 7 , 1 1 7 1 , 8 9 6 , 5 4 0 1 , 9 9 3 , 5 1 5 2 , 0 7 7 , 7 6 2 2 , 1 9 8 , 6 4 5 2 , 3 2 4 , 6 8 3 2 , 4 5 4 , 8 8 3 Le s s : E x p e n s e s (1 , 7 0 4 , 7 5 5 ) ( 1 , 8 6 9 , 9 8 4 ) ( 1 , 8 6 9 , 9 4 5 ) 39 ( 1 , 9 5 7 , 2 0 0 ) ( 1 , 9 9 3 , 4 2 5 ) ( 2 , 0 7 7 , 6 2 2 ) ( 2 , 1 9 8 , 3 4 5 ) ( 2 , 3 2 3 , 7 9 3 ) ( 2 , 4 5 3 , 6 4 3 ) Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t 0 ( 3 4 0 , 0 0 0 ) ( 3 4 0 , 0 0 0 ) 0 0 00 0 0 0 En d i n g N e t A s s e t s 45 0 , 3 5 0 6 3 , 5 8 6 9 0 , 7 4 2 2 7 , 1 5 6 3 0 , 0 8 2 3 0 , 1 7 2 3 0 , 3 1 2 3 0 , 6 1 2 3 1 , 5 0 2 3 2 , 7 4 2 4-23 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 1 2 ST R E E T M A I N T . F U N D D E T A I L ( F u n d - 2 0 2 ) Re v e n u e s Hi g h w a y U s e r s T a x 72 9 , 8 0 1 6 9 4 , 2 0 0 6 2 1 , 3 3 7 ( 7 2 , 8 6 3 ) 6 6 4 , 0 0 0 6 5 1 , 6 4 0 6 5 2 , 0 0 0 6 5 2 , 0 0 0 6 5 2 , 0 0 0 6 5 2 , 0 0 0 Hi g h w a y U s e r s E x c i s e T a x ( f o r m e r l y P r o p o s i t i o n 4 2 re v e n u e ) 41 2 , 0 8 8 4 3 5 , 6 0 0 5 8 5 , 2 8 8 1 4 9 , 6 8 8 4 7 2 , 4 0 0 6 1 6 , 0 5 5 6 1 6 , 0 0 0 6 1 6 , 0 0 0 6 1 6 , 0 0 0 6 1 6 , 0 0 0 Si d e w a l k r e p a i r (a ) 0 1 4 , 0 0 0 2 , 5 0 0 ( 1 1 , 5 0 0 ) 1 4 , 0 0 0 4 , 0 0 0 4 , 1 0 0 4 , 2 0 0 4 , 3 0 0 4 , 4 0 0 Mi s c e l l a n e o u s r e v e n u e s (a ) 18 , 1 0 9 1 4 , 0 0 0 1 3 , 8 6 0 ( 1 4 0 ) 1 4 , 0 0 0 2 0 , 0 0 0 2 0 , 4 0 0 2 0 , 8 0 0 2 1 , 2 0 0 2 1 , 6 0 0 In t e r e s t e a r n i n g s (h ) 1, 3 4 7 3 , 0 1 0 2 , 4 0 2 ( 6 0 8 ) 3 , 1 6 0 3 , 0 3 0 5 , 2 1 0 1 1 , 2 8 0 3 0 , 1 8 0 3 2 , 7 1 0 To t a l S t r e e t M a i n t e n a n c e F u n d R e v e n u e 1, 1 6 1 , 3 4 5 1 , 1 6 0 , 8 1 0 1 , 2 2 5 , 3 8 7 6 4 , 5 7 7 1 , 1 6 7 , 5 6 0 1 , 2 9 4 , 7 2 5 1 , 2 9 7 , 7 1 0 1 , 3 0 4 , 2 8 0 1 , 3 2 3 , 6 8 0 1 , 3 2 6 , 7 1 0 Ex p e n d i t u r e s St r e e t M a i n t e n a n c e - P a v e m e n t M a n a g e m e n t (b ) 51 8 , 6 1 4 5 6 6 , 4 0 0 5 2 5 , 7 2 5 4 0 , 6 7 5 5 2 6 , 4 0 0 5 5 2 , 4 0 0 5 6 4 , 0 0 0 5 7 5 , 8 0 0 5 8 8 , 5 0 0 6 0 2 , 0 0 0 St r e e t M a i n t e n a n c e - N o n - P a v e m e n t (b ) 1, 3 7 0 , 7 2 3 1 , 6 7 5 , 2 9 9 1 , 3 7 6 , 5 7 2 2 9 8 , 7 2 7 1 , 6 0 6 , 9 1 9 1 , 6 3 5 , 2 7 9 1 , 6 6 9 , 6 0 0 1 , 7 0 4 , 7 0 0 1 , 7 4 2 , 2 0 0 1 , 7 8 2 , 3 0 0 Tr a f f i c s i g n a l m a i n t e n a n c e (b ) 65 , 5 9 6 1 1 2 , 0 0 0 7 3 , 7 6 7 3 8 , 2 3 3 2 0 3 , 0 0 0 1 0 9 , 0 0 0 1 1 1 , 3 0 0 1 1 3 , 6 0 0 1 1 6 , 1 0 0 1 1 8 , 8 0 0 To t a l S t r e e t M a i n t e n a n c e F u n d E x p e n d i t u r e s 1, 9 5 4 , 9 3 4 2 , 3 5 3 , 6 9 9 1 , 9 7 6 , 0 6 4 3 7 7 , 6 3 5 2 , 3 3 6 , 3 1 9 2 , 2 9 6 , 6 7 9 2 , 3 4 4 , 9 0 0 2 , 3 9 4 , 1 0 0 2 , 4 4 6 , 8 0 0 2 , 5 0 3 , 1 0 0 ST R E E T M A I N T E N A N C E F U N D N E T B E F O R E TR A N S F E R S (7 9 3 , 5 8 9 ) ( 1 , 1 9 2 , 8 8 9 ) ( 7 5 0 , 6 7 7 ) 4 4 2 , 2 1 2 ( 1 , 1 6 8 , 7 5 9 ) ( 1 , 0 0 1 , 9 5 4 ) ( 1 , 0 4 7 , 1 9 0 ) ( 1 , 0 8 9 , 8 2 0 ) ( 1 , 1 2 3 , 1 2 0 ) ( 1 , 1 7 6 , 3 9 0 ) St r e e t M a i n t e n a n c e F u n d T r a n s f e r s I n Fr o m P r o p C F u n d ( P B R o a d M a i n t ) 50 0 , 3 0 0 5 1 6 , 4 0 0 5 1 6 , 4 0 0 0 4 9 0 , 0 0 0 5 2 2 , 0 0 0 5 3 3 , 0 0 0 5 4 4 , 2 0 0 5 5 6 , 2 0 0 5 6 9 , 0 0 0 Fr o m 1 9 7 2 A c t 20 4 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 0 2 0 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 Fr o m 1 9 1 1 A c t 67 , 6 3 3 2 0 2 , 0 0 0 7 2 , 6 8 8 ( 1 2 9 , 3 1 2 ) 2 0 3 , 0 0 0 9 9 , 0 0 0 1 0 1 , 1 0 0 1 0 3 , 2 0 0 1 0 5 , 5 0 0 1 0 7 , 9 0 0 Fr o m B e a u t i f i c a t i o n f u n d 16 5 , 2 0 0 1 1 6 , 0 0 0 1 1 6 , 0 0 0 0 1 9 3 , 0 0 0 2 1 4 , 0 0 0 2 1 8 , 5 0 0 8 4 , 0 3 1 0 0 Fr o m W a s t e R e d u c t i o n 0 4 0 , 0 0 0 4 0 , 0 0 0 0 4 0 , 0 0 0 5 7 , 0 0 0 5 8 , 2 0 0 5 9 , 4 0 0 6 0 , 7 0 0 6 2 , 1 0 0 To t a l T r a n s f e r s I n 93 7 , 1 3 3 1 , 0 7 4 , 4 0 0 9 4 5 , 0 8 8 ( 1 2 9 , 3 1 2 ) 1 , 1 2 6 , 0 0 0 1 , 0 8 2 , 0 0 0 1 , 1 0 0 , 8 0 0 9 8 0 , 8 3 1 9 1 2 , 4 0 0 9 2 9 , 0 0 0 St r e e t M a i n t e n a n c e F u n d T r a n s f e r s O u t To C I P F u n d 4 ,4 1 95 2 ,6 6 15 2 ,6 6 10 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 4 ,4 1 95 2 ,6 6 15 2 ,6 6 10 0 0 0 0 0 0 ST R E E T M A I N T E N A N C E F U N D S U M M A R Y Be g i n n i n g F u n d B a l a n c e 77 6 , 0 1 8 9 1 5 , 1 4 3 9 1 5 , 1 4 3 0 1 , 0 5 6 , 8 9 3 1 , 0 1 4 , 1 3 4 1 , 0 9 4 , 1 8 0 1 , 1 4 7 , 7 9 0 1 , 0 3 8 , 8 0 1 8 2 8 , 0 8 1 Pl u s : R e v e n u e s 1, 1 6 1 , 3 4 5 1 , 1 6 0 , 8 1 0 1 , 2 2 5 , 3 8 7 6 4 , 5 7 7 1 , 1 6 7 , 5 6 0 1 , 2 9 4 , 7 2 5 1 , 2 9 7 , 7 1 0 1 , 3 0 4 , 2 8 0 1 , 3 2 3 , 6 8 0 1 , 3 2 6 , 7 1 0 Le s s : E x p e n d i t u r e s (1 , 9 5 4 , 9 3 4 ) ( 2 , 3 5 3 , 6 9 9 ) ( 1 , 9 7 6 , 0 6 4 ) 3 7 7 , 6 3 5 ( 2 , 3 3 6 , 3 1 9 ) ( 2 , 2 9 6 , 6 7 9 ) ( 2 , 3 4 4 , 9 0 0 ) ( 2 , 3 9 4 , 1 0 0 ) ( 2 , 4 4 6 , 8 0 0 ) ( 2 , 5 0 3 , 1 0 0 ) Pl u s : T r a n s f e r s I n 93 7 , 1 3 3 1 , 0 7 4 , 4 0 0 9 4 5 , 0 8 8 ( 1 2 9 , 3 1 2 ) 1 , 1 2 6 , 0 0 0 1 , 0 8 2 , 0 0 0 1 , 1 0 0 , 8 0 0 9 8 0 , 8 3 1 9 1 2 , 4 0 0 9 2 9 , 0 0 0 Le s s : T r a n s f e r s O u t (4 , 4 1 9 ) ( 5 2 , 6 6 1 ) ( 5 2 , 6 6 1 ) 0 0 00 0 0 0 En d i n g F u n d B a l a n c e 91 5 , 1 4 3 7 4 3 , 9 9 3 1 , 0 5 6 , 8 9 3 3 1 2 , 9 0 0 1 , 0 1 4 , 1 3 4 1 , 0 9 4 , 1 8 0 1 , 1 4 7 , 7 9 0 1 , 0 3 8 , 8 0 1 8 2 8 , 0 8 1 5 8 0 , 6 9 1 Re s e r v e ( 1 y e a r o f P a v e m e n t M a n a g e m e n t E x p ) 51 8 , 6 1 4 52 5 , 7 2 5 49 0 , 0 0 0 5 2 2 , 0 0 0 5 3 3 , 0 0 0 5 4 4 , 2 0 0 5 5 6 , 2 0 0 5 6 9 , 0 0 0 Ex c e s s / ( D e f i c i e n t ) R e s e r v e f o r S t r e e t M a i n t e n a n c e 39 6 , 5 2 9 53 1 , 1 6 8 52 4 , 1 3 4 5 7 2 , 1 8 0 6 1 4 , 7 9 0 4 9 4 , 6 0 1 2 7 1 , 8 8 1 1 1 , 6 9 1 4-24 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 1 3 19 7 2 A C T L A N D S C A P E & L I G H T I N G F U N D D E T A I L (F u n d 2 0 3 ) Re v e n u e s Pr o p e r t y a s s e s s m e n t s (e ) 26 0 , 4 5 4 2 5 8 , 0 0 0 2 5 8 , 8 1 3 8 1 3 2 5 8 , 0 0 0 2 5 8 , 0 0 0 2 6 3 , 2 0 0 2 6 8 , 5 0 0 2 7 3 , 9 0 0 2 7 9 , 4 0 0 In t e r e s t e a r n i n g s (h ) 69 8 1 8 0 5 7 0 3 9 0 3 9 0 1 9 0 2 8 0 5 7 0 1 , 7 8 0 2 , 7 4 0 To t a l R e v e n u e 26 1 , 1 5 1 2 5 8 , 1 8 0 2 5 9 , 3 8 3 1 , 2 0 3 2 5 8 , 3 9 0 2 5 8 , 1 9 0 2 6 3 , 4 8 0 2 6 9 , 0 7 0 2 7 5 , 6 8 0 2 8 2 , 1 4 0 Ex p e n d i t u r e s Op e r a t i o n s & m a i n t e n a n c e (b ) 13 , 8 6 0 7 3 , 8 0 0 7 5 , 3 4 2 ( 1 , 5 4 2 ) 7 3 , 0 0 0 7 2 , 8 0 0 7 4 , 3 0 0 7 5 , 9 0 0 7 7 , 6 0 0 7 9 , 4 0 0 To t a l E x p e n d i t u r e s 13 , 8 6 0 7 3 , 8 0 0 7 5 , 3 4 2 ( 1 , 5 4 2 ) 7 3 , 0 0 0 7 2 , 8 0 0 7 4 , 3 0 0 7 5 , 9 0 0 7 7 , 6 0 0 7 9 , 4 0 0 19 7 2 A C T F U N D N E T B E F O R E T R A N S F E R S 24 7 , 2 9 1 1 8 4 , 3 8 0 1 8 4 , 0 4 1 ( 3 3 9 ) 1 8 5 , 3 9 0 1 8 5 , 3 9 0 1 8 9 , 1 8 0 1 9 3 , 1 7 0 1 9 8 , 0 8 0 2 0 2 , 7 4 0 Tr a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r s O u t To S t r e e t M a i n t e n a n c e f u n d 20 4 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 0 2 0 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 To t a l T r a n s f e r s O u t 20 4 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 0 2 0 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 1 9 0 , 0 0 0 19 7 2 A C T L A N D S C A P E & L I G H T I N G F U N D Be g i n n i n g F u n d B a l a n c e 50 , 7 4 5 9 4 , 0 3 6 9 4 , 0 3 6 0 7 8 , 0 7 7 6 3 , 4 6 7 5 8 , 8 5 7 5 8 , 0 3 7 6 1 , 2 0 7 6 9 , 2 8 7 Pl u s : R e v e n u e s 26 1 , 1 5 1 2 5 8 , 1 8 0 2 5 9 , 3 8 3 1 , 2 0 3 2 5 8 , 3 9 0 2 5 8 , 1 9 0 2 6 3 , 4 8 0 2 6 9 , 0 7 0 2 7 5 , 6 8 0 2 8 2 , 1 4 0 Le s s : E x p e n d i t u r e s (1 3 , 8 6 0 ) ( 7 3 , 8 0 0 ) ( 7 5 , 3 4 2 ) ( 1 , 5 4 2 ) ( 7 3 , 0 0 0 ) ( 7 2 , 8 0 0 ) ( 7 4 , 3 0 0 ) ( 7 5 , 9 0 0 ) ( 7 7 , 6 0 0 ) ( 7 9 , 4 0 0 ) Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t (2 0 4 , 0 0 0 ) ( 2 0 0 , 0 0 0 ) ( 2 0 0 , 0 0 0 ) 0 ( 2 0 0 , 0 0 0 ) ( 1 9 0 , 0 0 0 ) ( 1 9 0 , 0 0 0 ) ( 1 9 0 , 0 0 0 ) ( 1 9 0 , 0 0 0 ) ( 1 9 0 , 0 0 0 ) En d i n g F u n d B a l a n c e 94 , 0 3 6 7 8 , 4 1 6 7 8 , 0 7 7 ( 3 3 9 ) 6 3 , 4 6 7 5 8 , 8 5 7 5 8 , 0 3 7 6 1 , 2 0 7 6 9 , 2 8 7 8 2 , 0 2 7 4-25 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 1 4 EL P R A D O L I G H T I N G F U N D D E T A I L (F u n d - 2 0 9 ) Re v e n u e s Pr o p e r t y a s s e s s m e n t s 1, 9 0 6 1 , 9 0 0 1 , 9 7 3 7 3 1 , 9 0 0 1 , 9 0 0 1 , 9 0 0 1 , 9 0 0 1 , 9 0 0 1 , 9 0 0 In t e r e s t e a r n i n g s (h ) 56 7 0 4 9 ( 2 1 ) 8 0 5 0 9 0 1 9 0 6 0 0 8 8 0 To t a l R e v e n u e 1, 9 6 2 1 , 9 7 0 2 , 0 2 2 52 1, 9 8 0 1, 9 5 0 1 , 9 9 0 2 , 0 9 0 2 , 5 0 0 2 , 7 8 0 Ex p e n d i t u r e s Li g h t a n d P o w e r (b ) 0 3 0 0 0 3 0 0 30 0 30 0 3 0 0 3 0 0 3 0 0 3 0 0 Ma i n t e n a n c e S e r v i c e s (b ) 30 7 0 0 29 6 7 1 70 0 70 0 7 0 0 7 0 0 7 0 0 7 0 0 To t a l E x p e n d i t u r e s 30 1 , 0 0 0 29 9 7 1 1, 0 0 0 1, 0 0 0 1 , 0 0 0 1 , 0 0 0 1 , 0 0 0 1 , 0 0 0 EL P R A D O L I G H T I N G F U N D N E T B E F O R E 1, 9 3 2 9 7 0 1 , 9 9 3 1 , 0 2 3 98 0 95 0 9 9 0 1 , 0 9 0 1 , 5 0 0 1 , 7 8 0 Tr a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 EL P R A D O L I G H T I N G F U N D S U M M A R Y : Be g i n n i n g F u n d B a l a n c e 12 , 8 5 0 1 4 , 7 8 2 1 4 , 7 8 2 0 1 6 , 7 7 5 1 7 , 7 5 5 1 8 , 7 0 5 1 9 , 6 9 5 2 0 , 7 8 5 2 2 , 2 8 5 Pl u s : R e v e n u e s 1, 9 6 2 1 , 9 7 0 2 , 0 2 2 52 1, 9 8 0 1, 9 5 0 1 , 9 9 0 2 , 0 9 0 2 , 5 0 0 2 , 7 8 0 Le s s : E x p e n d i t u r e s (3 0 ) ( 1 , 0 0 0 ) (2 9 ) 9 7 1 ( 1 , 0 0 0 ) ( 1 , 0 0 0 ) ( 1 , 0 0 0 ) ( 1 , 0 0 0 ) ( 1 , 0 0 0 ) ( 1 , 0 0 0 ) Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 En d i n g F u n d B a l a n c e 14 , 7 8 2 1 5 , 7 5 2 1 6 , 7 7 5 1 , 0 2 3 1 7 , 7 5 5 1 8 , 7 0 5 1 9 , 6 9 5 2 0 , 7 8 5 2 2 , 2 8 5 2 4 , 0 6 5 4-26 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 1 5 CD B G F U N D D E T A I L ( F u n d - 3 1 0 ) Re v e n u e s Gr a n t i n c o m e 13 4 , 5 1 3 3 2 4 , 3 6 4 1 7 3 , 0 9 4 ( 1 5 1 , 2 7 0 ) 3 0 2 , 8 8 3 1 8 9 , 3 6 4 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 To t a l R e v e n u e 13 4 , 5 1 3 3 2 4 , 3 6 4 1 7 3 , 0 9 4 ( 1 5 1 , 2 7 0 ) 3 0 2 , 8 8 3 1 8 9 , 3 6 4 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 Ex p e n d i t u r e s Op e r a t i o n s & m a i n t e n a n c e 11 8 , 8 2 8 1 7 7 , 7 0 8 1 3 9 , 3 5 5 3 8 , 3 5 3 1 5 4 , 0 9 8 5 5 , 0 0 00 0 0 0 Ca p i t a l o u t l a y ( A D A P r o j e c t s ) 52 , 6 5 5 7 6 , 6 5 6 7 6 , 1 8 4 4 7 2 1 4 8 , 7 8 5 9 1 , 9 1 8 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 To t a l E x p e n d i t u r e s 17 1 , 4 8 3 2 5 4 , 3 6 4 2 1 5 , 5 3 9 3 8 , 8 2 5 3 0 2 , 8 8 3 1 4 6 , 9 1 8 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 CD B G F U N D N E T B E F O R E T R A N S F E R S (3 6 , 9 7 0 ) 7 0 , 0 0 0 ( 4 2 , 4 4 5 ) ( 1 1 2 , 4 4 5 ) 0 4 2 , 4 4 60 0 0 0 Tr a n s f e r s I n Fr o m G e n e r a l f u n d 3 6 ,9 7 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 3 6 ,9 7 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r s O u t To G e n e r a l f u n d ( R E A C H ) 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 CD B G F U N D S U M M A R Y : Be g i n n i n g F u n d B a l a n c e 0 0 0 0 ( 4 2 , 4 4 6 ) ( 4 2 , 4 4 6 ) 00 0 0 Pl u s : R e v e n u e s 13 4 , 5 1 3 3 2 4 , 3 6 4 1 7 3 , 0 9 3 ( 1 5 1 , 2 7 1 ) 3 0 2 , 8 8 3 1 8 9 , 3 6 4 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 Le s s : E x p e n d i t u r e s (1 7 1 , 4 8 3 ) ( 2 5 4 , 3 6 4 ) ( 2 1 5 , 5 3 9 ) 3 8 , 8 2 5 ( 3 0 2 , 8 8 3 ) ( 1 4 6 , 9 1 8 ) ( 1 5 0 , 0 0 0 ) ( 1 5 0 , 0 0 0 ) ( 1 5 0 , 0 0 0 ) ( 1 5 0 , 0 0 0 ) Pl u s : T r a n s f e r s I n 3 6 ,9 7 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 En d i n g F u n d B a l a n c e 0 7 0 , 0 0 0 ( 4 2 , 4 4 6 ) ( 1 1 2 , 4 4 6 ) ( 4 2 , 4 4 6 ) 00 0 0 0 4-27 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 1 6 19 1 1 A C T S T R E E T L I G H T I N G F U N D D E T A I L ( F u n d - 21 1 ) Re v e n u e s Pr o p e r t y a s s e s s m e n t s (a ) 49 7 , 7 4 3 4 4 0 , 0 0 0 5 0 4 , 9 9 1 6 4 , 9 9 1 4 4 0 , 0 0 0 5 2 5 , 0 0 0 5 3 5 , 5 0 0 5 4 6 , 2 0 0 5 5 7 , 1 0 0 5 6 8 , 2 0 0 In t e r e s t e a r n i n g s (h ) 7, 1 1 4 7 , 6 0 0 5 , 4 1 9 ( 2 , 1 8 1 ) 7 , 3 0 0 4, 4 0 0 6 , 5 0 0 1 3 , 3 0 0 3 8 , 9 0 0 5 3 , 5 0 0 To t a l R e v e n u e 50 4 , 8 5 7 4 4 7 , 6 0 0 5 1 0 , 4 1 0 6 2 , 8 1 0 4 4 7 , 3 0 0 5 2 9 , 4 0 0 5 4 2 , 0 0 0 5 5 9 , 5 0 0 5 9 6 , 0 0 0 6 2 1 , 7 0 0 Ex p e n d i t u r e s Op e r a t i o n s & m a i n t e n a n c e (b ) 42 3 , 6 9 6 4 4 4 , 4 0 0 4 1 9 , 9 8 4 2 4 , 4 1 6 4 4 5 , 9 0 0 5 3 2 , 5 0 0 4 5 6 , 9 0 0 4 6 6 , 5 0 0 4 7 6 , 8 0 0 4 8 7 , 8 0 0 To t a l E x p e n d i t u r e s 42 3 , 6 9 6 4 4 4 , 4 0 0 4 1 9 , 9 8 4 2 4 , 4 1 6 4 4 5 , 9 0 0 5 3 2 , 5 0 0 4 5 6 , 9 0 0 4 6 6 , 5 0 0 4 7 6 , 8 0 0 4 8 7 , 8 0 0 19 1 1 A C T F U N D N E T B E F O R E T R A N S F E R S 81 , 1 6 1 3 , 2 0 0 9 0 , 4 2 6 8 7 , 2 2 6 1, 4 0 0 (3 , 1 0 0 ) 8 5 , 1 0 0 9 3 , 0 0 0 1 1 9 , 2 0 0 1 3 3 , 9 0 0 Tr a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r s O u t To S t r e e t M a i n t e n a n c e F u n d (b ) 67 , 6 3 3 2 0 2 , 0 0 0 7 2 , 6 8 8 1 2 9 , 3 1 2 2 0 3 , 0 0 0 9 9 , 0 0 0 1 0 1 , 1 0 0 1 0 3 , 2 0 0 1 0 5 , 5 0 0 1 0 7 , 9 0 0 To t a l T r a n s f e r s O u t 67 , 6 3 3 2 0 2 , 0 0 0 7 2 , 6 8 8 1 2 9 , 3 1 2 2 0 3 , 0 0 0 9 9 , 0 0 0 1 0 1 , 1 0 0 1 0 3 , 2 0 0 1 0 5 , 5 0 0 1 0 7 , 9 0 0 19 1 1 A C T S T R E E T L I G H T I N G F U N D S U M M A R Y Be g i n n i n g F u n d B a l a n c e 1, 6 3 9 , 1 1 8 1 , 6 5 2 , 6 4 6 1 , 6 5 2 , 6 4 6 0 1 , 6 7 0 , 3 8 4 1 , 4 6 8 , 7 8 4 1 , 3 6 6 , 6 8 4 1 , 3 5 0 , 6 8 4 1 , 3 4 0 , 4 8 4 1 , 3 5 4 , 1 8 4 Pl u s : R e v e n u e s 50 4 , 8 5 7 4 4 7 , 6 0 0 5 1 0 , 4 1 0 6 2 , 8 1 0 4 4 7 , 3 0 0 5 2 9 , 4 0 0 5 4 2 , 0 0 0 5 5 9 , 5 0 0 5 9 6 , 0 0 0 6 2 1 , 7 0 0 Le s s : E x p e n d i t u r e s (4 2 3 , 6 9 6 ) ( 4 4 4 , 4 0 0 ) ( 4 1 9 , 9 8 4 ) 2 4 , 4 1 6 ( 4 4 5 , 9 0 0 ) ( 5 3 2 , 5 0 0 ) ( 4 5 6 , 9 0 0 ) ( 4 6 6 , 5 0 0 ) ( 4 7 6 , 8 0 0 ) ( 4 8 7 , 8 0 0 ) Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t (6 7 , 6 3 3 ) ( 2 0 2 , 0 0 0 ) ( 7 2 , 6 8 8 ) 1 2 9 , 3 1 2 ( 2 0 3 , 0 0 0 ) ( 9 9 , 0 0 0 ) ( 1 0 1 , 1 0 0 ) ( 1 0 3 , 2 0 0 ) ( 1 0 5 , 5 0 0 ) ( 1 0 7 , 9 0 0 ) En d i n g F u n d B a l a n c e 1, 6 5 2 , 6 4 6 1 , 4 5 3 , 8 4 6 1 , 6 7 0 , 3 8 4 2 1 6 , 5 3 8 1 , 4 6 8 , 7 8 4 1 , 3 6 6 , 6 8 4 1 , 3 5 0 , 6 8 4 1 , 3 4 0 , 4 8 4 1 , 3 5 4 , 1 8 4 1 , 3 8 0 , 1 8 4 4-28 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 1 7 WA S T E R E D U C T I O N F U N D D E T A I L ( F u n d - 2 1 3 ) Re v e n u e s Co l l e c t i o n F e e s ( A B 9 3 9 ) (c ) 21 0 , 8 7 0 1 5 5 , 7 0 5 2 0 7 , 0 3 4 5 1 , 3 2 9 1 5 8 , 8 0 0 1 6 6 , 4 0 5 1 6 9 , 9 0 0 1 7 3 , 5 0 0 1 7 7 , 3 0 0 1 8 1 , 4 0 0 St a t e i n c o m e 69 , 6 0 5 4 7 , 5 0 0 2 3 , 5 3 3 ( 2 3 , 9 6 7 ) 4 7 , 5 0 0 2 4 , 0 0 0 2 4 , 0 0 0 2 4 , 0 0 0 2 4 , 0 0 0 2 4 , 0 0 0 Mi s c r e v e n u e 9,072 0 0 0 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 99 0 9 7 0 1 , 0 4 2 7 2 1 , 0 4 0 7 2 0 9 6 0 1 , 5 8 0 3 , 4 5 0 3 , 0 5 0 To t a l R e v e n u e 29 0 , 5 3 8 2 0 4 , 1 7 5 2 3 1 , 6 0 9 2 7 , 4 3 4 2 0 7 , 3 4 0 1 9 1 , 1 2 5 1 9 4 , 8 6 0 1 9 9 , 0 8 0 2 0 4 , 7 5 0 2 0 8 , 4 5 0 Ex p e n d i t u r e s Pe r s o n n e l s e r v i c e s (b ) 61 , 8 2 6 6 8 , 3 0 0 6 8 , 3 1 0 ( 1 0 ) 6 8 , 6 0 0 7 0 , 3 0 0 7 1 , 8 0 0 7 3 , 3 0 0 7 4 , 9 0 0 7 6 , 6 0 0 Op e r a t i o n s & m a i n t e n a n c e (b ) 97 , 7 7 3 1 1 3 , 8 5 0 9 2 , 7 7 1 2 1 , 0 7 9 1 1 4 , 0 5 0 9 8 , 8 0 0 1 0 0 , 9 0 0 1 0 3 , 0 0 0 1 0 5 , 3 0 0 1 0 7 , 7 0 0 To t a l E x p e n d i t u r e s 15 9 , 5 9 9 1 8 2 , 1 5 0 1 6 1 , 0 8 1 2 1 , 0 6 9 1 8 2 , 6 5 0 1 6 9 , 1 0 0 1 7 2 , 7 0 0 1 7 6 , 3 0 0 1 8 0 , 2 0 0 1 8 4 , 3 0 0 WA S T E R E D U C T I O N F U N D N E T B E F O R E 13 0 , 9 3 9 2 2 , 0 2 5 7 0 , 5 2 8 4 8 , 5 0 3 2 4 , 6 9 0 2 2 , 0 2 5 2 2 , 1 6 0 2 2 , 7 8 0 2 4 , 5 5 0 2 4 , 1 5 0 Tr a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r s O u t To G e n e r a l f u n d - P a r k M a i n t e n a n c e (b ) 12 , 0 0 0 1 2 , 0 0 0 0 1 2 , 0 0 0 1 2 , 0 0 0 5, 0 0 0 5 , 1 0 0 5 , 2 0 0 5 , 3 0 0 5 , 4 0 0 To C I P f u n d - S t r e e t I m p r o v . 4 1 ,0 0 07 0 ,0 0 07 0 ,0 0 00 0 0 0 0 0 0 To S t r e e t f u n d - S t r e e t M a i n t e n a n c e (b ) 0 4 0 , 0 0 0 4 0 , 0 0 0 0 4 0 , 0 0 0 5 7 , 0 0 0 5 8 , 2 0 0 5 9 , 4 0 0 6 0 , 7 0 0 6 2 , 1 0 0 To t a l T r a n s f e r s O u t 53 , 0 0 0 1 2 2 , 0 0 0 1 1 0 , 0 0 0 1 2 , 0 0 0 5 2 , 0 0 0 6 2 , 0 0 0 6 3 , 3 0 0 6 4 , 6 0 0 6 6 , 0 0 0 6 7 , 5 0 0 WA S T E R E D U C T I O N F U N D S U M M A R Y Be g i n n i n g F u n d B a l a n c e 23 0 , 4 9 5 3 0 8 , 4 3 4 3 0 8 , 4 3 4 0 2 6 8 , 9 6 2 2 4 1 , 6 5 2 2 0 1 , 6 7 7 1 6 0 , 5 3 7 1 1 8 , 7 1 7 7 7 , 2 6 7 Pl u s : R e v e n u e s 29 0 , 5 3 8 2 0 4 , 1 7 5 2 3 1 , 6 0 9 2 7 , 4 3 4 2 0 7 , 3 4 0 1 9 1 , 1 2 5 1 9 4 , 8 6 0 1 9 9 , 0 8 0 2 0 4 , 7 5 0 2 0 8 , 4 5 0 Le s s : E x p e n d i t u r e s (1 5 9 , 5 9 9 ) ( 1 8 2 , 1 5 0 ) ( 1 6 1 , 0 8 1 ) 2 1 , 0 6 9 ( 1 8 2 , 6 5 0 ) ( 1 6 9 , 1 0 0 ) ( 1 7 2 , 7 0 0 ) ( 1 7 6 , 3 0 0 ) ( 1 8 0 , 2 0 0 ) ( 1 8 4 , 3 0 0 ) Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t (5 3 , 0 0 0 ) ( 1 2 2 , 0 0 0 ) ( 1 1 0 , 0 0 0 ) 1 2 , 0 0 0 ( 5 2 , 0 0 0 ) ( 6 2 , 0 0 0 ) ( 6 3 , 3 0 0 ) ( 6 4 , 6 0 0 ) ( 6 6 , 0 0 0 ) ( 6 7 , 5 0 0 ) En d i n g F u n d B a l a n c e 30 8 , 4 3 4 2 0 8 , 4 5 9 2 6 8 , 9 6 2 6 0 , 5 0 3 2 4 1 , 6 5 2 2 0 1 , 6 7 7 1 6 0 , 5 3 7 1 1 8 , 7 1 7 7 7 , 2 6 7 3 3 , 9 1 7 4-29 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 1 8 AI R Q U A L I T Y M A N A G E M E N T F U N D D E T A I L ( F u n d - 21 4 ) Re v e n u e s AB 2 7 6 6 f e e s 47 , 0 6 7 5 0 , 0 0 0 5 2 , 3 8 8 2 , 3 8 8 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 In t e r e s t e a r n i n g s (h ) 13 1 2 6 0 1 9 0 ( 7 0 ) 4 9 0 2 7 0 4 4 0 9 1 0 2 , 7 1 0 3 , 7 9 0 To t a l R e v e n u e 47 , 1 9 8 5 0 , 2 6 0 5 2 , 5 7 8 2 , 3 1 8 5 0 , 4 9 0 5 0 , 2 7 0 5 0 , 4 4 0 5 0 , 9 1 0 5 2 , 7 1 0 5 3 , 7 9 0 Ex p e n d i t u r e s Op e r a t i o n s & m a i n t e n a n c e 50 , 0 0 0 0 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 To t a l E x p e n d i t u r e s 50 , 0 0 0 0 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 AQ M D F U N D N E T B E F O R E T R A N S F E R S (2 , 8 0 2 ) 5 0 , 2 6 0 5 2 , 5 7 8 2 , 3 1 8 5 0 , 4 9 0 27 0 4 4 0 9 1 0 2 , 7 1 0 3 , 7 9 0 To E q u i p m e n t R e p l a c e m e n t F u n d ( c l e a n a i r v e h i c l e pu r c h a s e s ) 0 0 0 0 6 0 ,0 0 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 6 0 ,0 0 0 0 0 0 0 0 AI R Q U A L I T Y M A N A G E M E N T F U N D D E T A I L Be g i n n i n g F u n d B a l a n c e 51 , 4 0 8 4 8 , 6 0 6 4 8 , 6 0 6 0 1 0 1 , 1 8 4 9 1 , 6 7 4 9 1 , 9 4 4 9 2 , 3 8 4 9 3 , 2 9 4 9 6 , 0 0 4 Pl u s : R e v e n u e s 47 , 1 9 8 5 0 , 2 6 0 5 2 , 5 7 8 2 , 3 1 8 5 0 , 4 9 0 5 0 , 2 7 0 5 0 , 4 4 0 5 0 , 9 1 0 5 2 , 7 1 0 5 3 , 7 9 0 Le s s : E x p e n d i t u r e s (5 0 , 0 0 0 ) 0 0 0 0 ( 5 0 , 0 0 0 ) ( 5 0 , 0 0 0 ) ( 5 0 , 0 0 0 ) ( 5 0 , 0 0 0 ) ( 5 0 , 0 0 0 ) Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 ( 6 0 , 0 0 0 ) 00 0 0 0 En d i n g F u n d B a l a n c e 48 , 6 0 6 9 8 , 8 6 6 1 0 1 , 1 8 4 2 , 3 1 8 9 1 , 6 7 4 9 1 , 9 4 4 9 2 , 3 8 4 9 3 , 2 9 4 9 6 , 0 0 4 9 9 , 7 9 4 4-30 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 1 9 PR O P O S I T I O N C ( S T R E E T / T R A N S I T ) F U N D D E T A I L (F u n d - 2 1 5 ) Re v e n u e s Pr o p o s i t i o n C - 1 / 2 c e n t s a l e s t a x r e v e n u e (d ) 48 1 , 5 3 9 4 8 8 , 4 0 0 5 2 1 , 4 8 6 3 3 , 0 8 6 4 8 9 , 0 0 0 5 9 1 , 5 1 7 6 0 3 , 9 0 0 6 1 6 , 6 0 0 6 3 0 , 2 0 0 6 4 4 , 7 0 0 Ot h e r r e v e n u e s 18 , 0 0 0 6 , 8 3 0 0 ( 6 , 8 3 0 ) 0 00 0 0 0 In t e r e s t e a r n i n g s (h ) 8, 8 7 1 0 6 , 0 5 0 6 , 0 5 0 1 0 1 0 0 1 6 0 1 , 0 3 0 3 , 1 4 0 7 , 3 1 0 To t a l R e v e n u e 50 8 , 4 1 0 4 9 5 , 2 3 0 5 2 7 , 5 3 6 3 2 , 3 0 6 4 8 9 , 0 1 0 5 9 1 , 6 1 7 6 0 4 , 0 6 0 6 1 7 , 6 3 0 6 3 3 , 3 4 0 6 5 2 , 0 1 0 Ex p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 PR O P O S I T I O N C F U N D N E T B E F O R E T R A N S F E R S 50 8 , 4 1 0 4 9 5 , 2 3 0 5 2 7 , 5 3 6 3 2 , 3 0 6 4 8 9 , 0 1 0 5 9 1 , 6 1 7 6 0 4 , 0 6 0 6 1 7 , 6 3 0 6 3 3 , 3 4 0 6 5 2 , 0 1 0 Tr a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r s O u t To C I P f u n d 13 2 , 9 9 3 1 , 5 4 6 , 9 2 7 2 4 0 , 0 0 0 1 , 3 0 6 , 9 2 7 1 , 3 0 6 , 9 2 7 7 0 , 0 0 0 0 7 0 , 0 0 0 0 2 0 0 , 0 0 0 To S t r e e t M a i n t e n a n c e f u n d - P B R o a d M a i n t e n a n c e (b ) 50 0 , 3 0 0 5 1 6 , 4 0 0 5 1 6 , 4 0 0 0 4 9 0 , 0 0 0 5 2 2 , 0 0 0 5 3 3 , 0 0 0 5 4 4 , 2 0 0 5 5 6 , 2 0 0 5 6 9 , 0 0 0 To t a l T r a n s f e r s O u t 63 3 , 2 9 3 2 , 0 6 3 , 3 2 7 7 5 6 , 4 0 0 1 , 3 0 6 , 9 2 7 1 , 7 9 6 , 9 2 7 5 9 2 , 0 0 0 5 3 3 , 0 0 0 6 1 4 , 2 0 0 5 5 6 , 2 0 0 7 6 9 , 0 0 0 PR O P O S I T I O N C ( S T R E E T / T R A N S I T ) F U N D SU M M A R Y : Be g i n n i n g F u n d B a l a n c e 1, 6 9 5 , 5 5 7 1 , 5 7 0 , 6 7 4 1 , 5 7 0 , 6 7 4 0 1 , 3 4 1 , 8 1 0 3 3 , 8 9 3 3 3 , 5 1 0 1 0 4 , 5 7 0 1 0 8 , 0 0 0 1 8 5 , 1 4 0 Pl u s : R e v e n u e s 50 8 , 4 1 0 4 9 5 , 2 3 0 5 2 7 , 5 3 6 3 2 , 3 0 6 4 8 9 , 0 1 0 5 9 1 , 6 1 7 6 0 4 , 0 6 0 6 1 7 , 6 3 0 6 3 3 , 3 4 0 6 5 2 , 0 1 0 Le s s : E x p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t (6 3 3 , 2 9 3 ) ( 2 , 0 6 3 , 3 2 7 ) ( 7 5 6 , 4 0 0 ) 1 , 3 0 6 , 9 2 7 ( 1 , 7 9 6 , 9 2 7 ) ( 5 9 2 , 0 0 0 ) ( 5 3 3 , 0 0 0 ) ( 6 1 4 , 2 0 0 ) ( 5 5 6 , 2 0 0 ) ( 7 6 9 , 0 0 0 ) En d i n g F u n d B a l a n c e 1, 5 7 0 , 6 7 4 2 , 5 7 7 1 , 3 4 1 , 8 1 0 1 , 3 3 9 , 2 3 3 3 3 , 8 9 3 3 3 , 5 1 0 1 0 4 , 5 7 0 1 0 8 , 0 0 0 1 8 5 , 1 4 0 6 8 , 1 5 0 4-31 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 2 0 PR O P O S I T I O N A ( T R A N S I T ) F U N D D E T A I L ( F u n d - 21 6 ) Re v e n u e s Pr o p o s i t i o n A - 1 / 2 c e n t s a l e s t a x r e v e n u e (d ) 57 8 , 8 5 9 5 8 6 , 2 0 0 6 2 6 , 7 9 4 4 0 , 5 9 4 5 8 6 , 2 0 0 7 1 3 , 1 2 3 7 2 8 , 1 0 0 7 4 3 , 4 0 0 7 5 9 , 8 0 0 7 7 7 , 3 0 0 Ot h e r r e v e n u e s 65,000 0 0 0 6 0 , 0 0 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 34 0 1 8 0 2 4 2 6 2 4 9 0 5 9 0 1 , 5 8 0 4 , 1 6 0 1 6 , 5 1 0 2 8 , 7 7 0 To t a l R e v e n u e 64 4 , 1 9 9 5 8 6 , 3 8 0 6 2 7 , 0 3 6 4 0 , 6 5 6 6 4 6 , 6 9 0 7 1 3 , 7 1 3 7 2 9 , 6 8 0 7 4 7 , 5 6 0 7 7 6 , 3 1 0 8 0 6 , 0 7 0 Ex p e n d i t u r e s Op e r a t i o n s ( P V T r a n s i t ) (b ) 54 0 , 1 0 4 5 9 7 , 5 9 2 5 8 2 , 2 1 7 1 5 , 3 7 5 5 9 5 , 2 0 0 5 5 8 , 3 4 0 5 7 0 , 1 0 0 5 8 2 , 1 0 0 5 9 4 , 9 0 0 6 0 8 , 6 0 0 Op e r a t i o n s ( M A X ) 78,756 0 0 0 0 0 0 0 0 0 Ca p i t a l O u t l a y ( B u s S h e l t e r I m p r o v e m e n t s ) (b ) 0 0 0 0 2 4 , 8 0 0 2 0 , 0 0 0 2 0 , 4 0 0 2 0 , 8 0 0 2 1 , 3 0 0 2 1 , 8 0 0 To t a l E x p e n d i t u r e s 61 8 , 8 6 0 5 9 7 , 5 9 2 5 8 2 , 2 1 7 1 5 , 3 7 5 6 2 0 , 0 0 0 5 7 8 , 3 4 0 5 9 0 , 5 0 0 6 0 2 , 9 0 0 6 1 6 , 2 0 0 6 3 0 , 4 0 0 PR O P O S I T I O N A F U N D N E T B E F O R E T R A N S F E R S 25 , 3 3 9 ( 1 1 , 2 1 2 ) 4 4 , 8 1 9 5 6 , 0 3 1 2 6 , 6 9 0 1 3 5 , 3 7 3 1 3 9 , 1 8 0 1 4 4 , 6 6 0 1 6 0 , 1 1 0 1 7 5 , 6 7 0 Tr a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r s O u t 0 0 0 0 0 0 4 8 , 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 0 0 4 8 , 0 0 0 0 0 0 PR O P O S I T I O N A ( T R A N S I T ) F U N D S U M M A R Y : Be g i n n i n g F u n d B a l a n c e 10 0 , 2 6 4 1 2 5 , 6 0 3 1 2 5 , 6 0 3 0 1 7 0 , 4 2 2 1 9 7 , 1 1 2 3 3 2 , 4 8 5 4 2 3 , 6 6 5 5 6 8 , 3 2 5 7 2 8 , 4 3 5 Pl u s : R e v e n u e s 64 4 , 1 9 9 5 8 6 , 3 8 0 6 2 7 , 0 3 6 4 0 , 6 5 6 6 4 6 , 6 9 0 7 1 3 , 7 1 3 7 2 9 , 6 8 0 7 4 7 , 5 6 0 7 7 6 , 3 1 0 8 0 6 , 0 7 0 Le s s : E x p e n d i t u r e s (6 1 8 , 8 6 0 ) ( 5 9 7 , 5 9 2 ) ( 5 8 2 , 2 1 7 ) 1 5 , 3 7 5 ( 6 2 0 , 0 0 0 ) ( 5 7 8 , 3 4 0 ) ( 5 9 0 , 5 0 0 ) ( 6 0 2 , 9 0 0 ) ( 6 1 6 , 2 0 0 ) ( 6 3 0 , 4 0 0 ) Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 ( 4 8 , 0 0 0 ) 0 0 0 En d i n g F u n d B a l a n c e 12 5 , 6 0 3 1 1 4 , 3 9 1 1 7 0 , 4 2 2 5 6 , 0 3 1 1 9 7 , 1 1 2 3 3 2 , 4 8 5 4 2 3 , 6 6 5 5 6 8 , 3 2 5 7 2 8 , 4 3 5 9 0 4 , 1 0 5 4-32 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 2 1 PU B L I C S A F E T Y G R A N T S (F u n d - 2 1 7 ) Re v e n u e s Gr a n t I n c o m e - S t a t e 10 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 Ot h e r r e v e n u e s 10,202 0 0 0 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 31 6 1 7 0 2 5 6 8 6 0 0 0 1 0 2 0 2 0 To t a l R e v e n u e 11 0 , 5 1 7 1 0 0 , 1 7 0 1 0 0 , 2 5 6 8 6 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 1 0 1 0 0 , 0 2 0 1 0 0 , 0 2 0 Ex p e n d i t u r e s Eq u i p m e n t p u r c h a s e s 25,505 0 0 0 1 9 , 6 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 25,505 0 0 0 1 9 , 6 0 0 0 0 0 0 0 PU B L I C S A F E T Y G R A N T S F U N D N E T B E F O R E TR A N S F E R S 85 , 0 1 2 1 0 0 , 1 7 0 1 0 0 , 2 5 6 8 6 8 0 , 4 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 1 0 1 0 0 , 0 2 0 1 0 0 , 0 2 0 Tr a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r s O u t To G e n e r a l f u n d 10 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 To t a l T r a n s f e r s O u t 10 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 PU B L I C S A F E T Y G R A N T S F U N D S U M M A R Y : Be g i n n i n g F u n d B a l a n c e 34 , 9 1 8 1 9 , 9 3 0 1 9 , 9 3 0 0 2 0 , 1 8 6 58 6 5 8 6 5 8 6 5 9 6 6 1 6 Pl u s : R e v e n u e s 11 0 , 5 1 7 1 0 0 , 1 7 0 1 0 0 , 2 5 6 86 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 1 0 1 0 0 , 0 2 0 1 0 0 , 0 2 0 Le s s : E x p e n d i t u r e s (2 5 , 5 0 5 ) 0 0 0 ( 1 9 , 6 0 0 ) 00 0 0 0 Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t (1 0 0 , 0 0 0 ) ( 1 0 0 , 0 0 0 ) ( 1 0 0 , 0 0 0 ) 0 ( 1 0 0 , 0 0 0 ) ( 1 0 0 , 0 0 0 ) ( 1 0 0 , 0 0 0 ) ( 1 0 0 , 0 0 0 ) ( 1 0 0 , 0 0 0 ) ( 1 0 0 , 0 0 0 ) En d i n g F u n d B a l a n c e 19 , 9 3 0 2 0 , 1 0 0 2 0 , 1 8 6 86 58 6 58 6 5 8 6 5 9 6 6 1 6 6 3 6 4-33 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 2 2 Me a s u r e R - 1 / 2 c e n t s a l e s t a x r e v e n u e (F u n d - 2 2 0 ) Re v e n u e s Gr a n t I n c o m e - S t a t e (d ) 35 8 , 8 9 7 3 6 4 , 6 0 0 3 8 7 , 4 0 9 2 2 , 8 0 9 3 6 4 , 6 0 0 4 4 3 , 6 3 7 4 5 3 , 0 0 0 4 6 2 , 5 0 0 4 7 2 , 7 0 0 4 8 3 , 6 0 0 Ot h e r r e v e n u e s 6,000 0 0 0 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 1, 8 8 6 0 2 , 5 9 7 2 , 5 9 7 1 0 5 8 0 3 , 0 3 0 9 1 0 1 6 , 1 6 0 1 , 7 8 0 To t a l R e v e n u e 36 6 , 7 8 4 3 6 4 , 6 0 0 3 9 0 , 0 0 6 2 5 , 4 0 6 3 6 4 , 6 1 0 4 4 4 , 2 1 7 4 5 6 , 0 3 0 4 6 3 , 4 1 0 4 8 8 , 8 6 0 4 8 5 , 3 8 0 Ex p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 ME A S U R E R F U N D N E T B E F O R E T R A N S F E R S 36 6 , 7 8 4 3 6 4 , 6 0 0 3 9 0 , 0 0 6 2 5 , 4 0 6 3 6 4 , 6 1 0 4 4 4 , 2 1 7 4 5 6 , 0 3 0 4 6 3 , 4 1 0 4 8 8 , 8 6 0 4 8 5 , 3 8 0 Tr a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r s O u t To C I P f u n d 9, 8 6 8 9 9 2 , 2 1 2 6 2 8 , 2 1 2 3 6 4 , 0 0 0 5 6 4 , 0 0 0 0 1 , 0 0 0 , 0 0 0 0 1 , 0 0 0 , 0 0 0 5 0 0 , 0 0 0 To t a l T r a n s f e r s O u t 9, 8 6 8 9 9 2 , 2 1 2 6 2 8 , 2 1 2 3 6 4 , 0 0 0 5 6 4 , 0 0 0 0 1 , 0 0 0 , 0 0 0 0 1 , 0 0 0 , 0 0 0 5 0 0 , 0 0 0 ME A S U R E R F U N D S U M M A R Y : Be g i n n i n g F u n d B a l a n c e 27 3 , 2 1 6 6 3 0 , 1 3 2 6 3 0 , 1 3 2 0 3 9 1 , 9 2 6 1 9 2 , 5 3 6 6 3 6 , 7 5 3 9 2 , 7 8 3 5 5 6 , 1 9 3 4 5 , 0 5 3 Pl u s : R e v e n u e s 36 6 , 7 8 4 3 6 4 , 6 0 0 3 9 0 , 0 0 6 2 5 , 4 0 6 3 6 4 , 6 1 0 4 4 4 , 2 1 7 4 5 6 , 0 3 0 4 6 3 , 4 1 0 4 8 8 , 8 6 0 4 8 5 , 3 8 0 Le s s : E x p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t (9 , 8 6 8 ) ( 9 9 2 , 2 1 2 ) ( 6 2 8 , 2 1 2 ) 3 6 4 , 0 0 0 ( 5 6 4 , 0 0 0 ) 0 ( 1 , 0 0 0 , 0 0 0 ) 0 ( 1 , 0 0 0 , 0 0 0 ) ( 5 0 0 , 0 0 0 ) En d i n g F u n d B a l a n c e 63 0 , 1 3 2 2 , 5 2 0 3 9 1 , 9 2 6 3 8 9 , 4 0 6 1 9 2 , 5 3 6 6 3 6 , 7 5 3 9 2 , 7 8 3 5 5 6 , 1 9 3 4 5 , 0 5 3 3 0 , 4 3 3 4-34 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 2 3 HA B I T A T R E S T O R A T I O N F U N D D E T A I L ( N C C P ) (F u n d - 2 2 2 ) Re v e n u e s Ot h e r r e v e n u e s 2,984 0 2 3 , 6 8 3 2 3 , 6 8 3 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 1, 0 0 7 1 , 3 0 0 75 3 ( 5 4 7 ) 1 , 1 3 0 54 0 8 2 0 1 , 7 2 0 5 , 4 7 0 8 , 5 2 0 To t a l R e v e n u e 3, 9 9 1 1 , 3 0 0 2 4 , 4 3 6 2 3 , 1 3 6 1, 1 3 0 54 0 8 2 0 1 , 7 2 0 5 , 4 7 0 8 , 5 2 0 Ex p e n d i t u r e s Op e n S p a c e M a n a g e m e n t , M a i n t e n a n c e & M o n i t o r i n g (b ) 12 6 , 0 2 6 1 3 3 , 0 0 0 1 5 6 , 4 5 2 ( 2 3 , 4 5 2 ) 1 3 1 , 0 0 0 1 5 8 , 6 2 0 1 6 2 , 0 0 0 1 6 5 , 4 0 0 1 6 9 , 0 0 0 1 7 2 , 9 0 0 To t a l E x p e n d i t u r e s 12 6 , 0 2 6 1 3 3 , 0 0 0 1 5 6 , 4 5 2 ( 2 3 , 4 5 2 ) 1 3 1 , 0 0 0 1 5 8 , 6 2 0 1 6 2 , 0 0 0 1 6 5 , 4 0 0 1 6 9 , 0 0 0 1 7 2 , 9 0 0 HA B I T A T R E S T O R A T I O N F U N D N E T B E F O R E TR A N S F E R S (1 2 2 , 0 3 5 ) ( 1 3 1 , 7 0 0 ) ( 1 3 2 , 0 1 6 ) ( 3 1 6 ) ( 1 2 9 , 8 7 0 ) ( 1 5 8 , 0 8 0 ) ( 1 6 1 , 1 8 0 ) ( 1 6 3 , 6 8 0 ) ( 1 6 3 , 5 3 0 ) ( 1 6 4 , 3 8 0 ) Tr a n s f e r s I n Fr o m G e n e r a l f u n d 10 9 , 9 0 0 9 0 , 0 0 0 9 0 , 0 0 0 0 9 0 , 0 0 0 1 5 0 , 0 0 0 1 6 3 , 0 0 0 1 7 7 , 0 0 0 1 9 1 , 0 0 0 2 0 6 , 0 0 0 To t a l T r a n s f e r s I n 10 9 , 9 0 0 9 0 , 0 0 0 9 0 , 0 0 0 0 9 0 , 0 0 0 1 5 0 , 0 0 0 1 6 3 , 0 0 0 1 7 7 , 0 0 0 1 9 1 , 0 0 0 2 0 6 , 0 0 0 Tr a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 HA B I T A T R E S T O R A T I O N F U N D S U M M A R Y : Be g i n n i n g F u n d B a l a n c e 27 5 , 1 9 3 2 6 3 , 0 5 8 2 6 3 , 0 5 8 0 2 2 1 , 0 4 2 1 8 1 , 1 7 2 1 7 3 , 0 9 2 1 7 4 , 9 1 2 1 8 8 , 2 3 2 2 1 5 , 7 0 2 Pl u s : R e v e n u e s 3, 9 9 1 1 , 3 0 0 2 4 , 4 3 6 2 3 , 1 3 6 1, 1 3 0 54 0 8 2 0 1 , 7 2 0 5 , 4 7 0 8 , 5 2 0 Le s s : E x p e n d i t u r e s (1 2 6 , 0 2 6 ) ( 1 3 3 , 0 0 0 ) ( 1 5 6 , 4 5 2 ) ( 2 3 , 4 5 2 ) ( 1 3 1 , 0 0 0 ) ( 1 5 8 , 6 2 0 ) ( 1 6 2 , 0 0 0 ) ( 1 6 5 , 4 0 0 ) ( 1 6 9 , 0 0 0 ) ( 1 7 2 , 9 0 0 ) Pl u s : T r a n s f e r s I n 10 9 , 9 0 0 9 0 , 0 0 0 9 0 , 0 0 0 0 9 0 , 0 0 0 1 5 0 , 0 0 0 1 6 3 , 0 0 0 1 7 7 , 0 0 0 1 9 1 , 0 0 0 2 0 6 , 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 En d i n g F u n d B a l a n c e 26 3 , 0 5 8 2 2 1 , 3 5 8 2 2 1 , 0 4 2 ( 3 1 6 ) 1 8 1 , 1 7 2 1 7 3 , 0 9 2 1 7 4 , 9 1 2 1 8 8 , 2 3 2 2 1 5 , 7 0 2 2 5 7 , 3 2 2 Re s e r v e f o r F u t u r e M a i n t e n a n c e 64 , 4 1 1 74 , 6 9 6 84 , 9 6 9 9 5 , 2 5 3 1 0 5 , 7 5 4 1 1 6 , 8 9 1 1 3 0 , 5 7 7 1 4 6 , 1 3 0 Em e r g e n c y P r o j e c t s R e s e r v e 50 , 0 0 0 50 , 0 0 0 50 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 Ex c e s s R e s e r v e f o r H a b i t a t ( S p e n d a b l e ) 14 8 , 6 4 7 96 , 3 4 6 46 , 2 0 3 2 7 , 8 3 9 1 9 , 1 5 8 2 1 , 3 4 1 3 5 , 1 2 5 6 1 , 1 9 2 4-35 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 2 4 SU B R E G I O N 1 - M A I N T E N A N C E F U N D D E T A I L (F u n d - 2 2 3 ) Re v e n u e s In t e r e s t e a r n i n g s (h ) 3, 1 9 7 3 , 8 0 0 2 , 4 3 8 ( 1 , 3 6 2 ) 3 , 8 0 0 2, 3 0 0 3 , 6 0 0 7 , 4 0 0 2 1 , 8 0 0 3 0 , 0 0 0 To t a l R e v e n u e 3, 1 9 7 3 , 8 0 0 2 , 4 3 8 ( 1 , 3 6 2 ) 3 , 8 0 0 2, 3 0 0 3 , 6 0 0 7 , 4 0 0 2 1 , 8 0 0 3 0 , 0 0 0 Ex p e n d i t u r e s Op e r a t i o n s & m a i n t e n a n c e (b ) 71 , 1 1 0 8 0 , 0 0 0 6 4 , 8 8 6 1 5 , 1 1 4 7 0 , 0 0 0 7 1 , 0 0 0 7 2 , 5 0 0 7 4 , 0 0 0 7 5 , 6 0 0 7 7 , 3 0 0 To t a l E x p e n d i t u r e s 71 , 1 1 0 8 0 , 0 0 0 6 4 , 8 8 6 1 5 , 1 1 4 7 0 , 0 0 0 7 1 , 0 0 0 7 2 , 5 0 0 7 4 , 0 0 0 7 5 , 6 0 0 7 7 , 3 0 0 SU B R E G I O N 1 - M A I N T E N A N C E F U N D N E T B E F O R E TR A N S F E R S (6 7 , 9 1 3 ) ( 7 6 , 2 0 0 ) ( 6 2 , 4 4 8 ) 1 3 , 7 5 2 ( 6 6 , 2 0 0 ) ( 6 8 , 7 0 0 ) ( 6 8 , 9 0 0 ) ( 6 6 , 6 0 0 ) ( 5 3 , 8 0 0 ) ( 4 7 , 3 0 0 ) Tr a n s f e r s I n - f r o m G e n e r a l F u n d 70 , 0 0 0 6 0 , 0 0 0 6 0 , 0 0 0 0 6 5 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 To t a l T r a n s f e r s I n 70 , 0 0 0 6 0 , 0 0 0 6 0 , 0 0 0 0 6 5 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 Tr a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 SU B R E G I O N 1 - M A I N T E N A N C E F U N D S U M M A R Y : Be g i n n i n g F u n d B a l a n c e 77 3 , 9 2 0 7 7 6 , 0 0 7 7 7 6 , 0 0 7 0 7 7 3 , 5 5 9 7 7 2 , 3 5 9 7 6 4 , 6 5 9 7 5 6 , 7 5 9 7 5 1 , 1 5 9 7 5 8 , 3 5 9 Pl u s : R e v e n u e s 3, 1 9 7 3 , 8 0 0 2 , 4 3 8 ( 1 , 3 6 2 ) 3 , 8 0 0 2, 3 0 0 3 , 6 0 0 7 , 4 0 0 2 1 , 8 0 0 3 0 , 0 0 0 Le s s : E x p e n d i t u r e s (7 1 , 1 1 0 ) ( 8 0 , 0 0 0 ) ( 6 4 , 8 8 6 ) 1 5 , 1 1 4 ( 7 0 , 0 0 0 ) ( 7 1 , 0 0 0 ) ( 7 2 , 5 0 0 ) ( 7 4 , 0 0 0 ) ( 7 5 , 6 0 0 ) ( 7 7 , 3 0 0 ) Pl u s : T r a n s f e r s I n 70 , 0 0 0 6 0 , 0 0 0 6 0 , 0 0 0 0 6 5 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 6 1 , 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 En d i n g F u n d B a l a n c e 77 6 , 0 0 7 7 5 9 , 8 0 7 7 7 3 , 5 5 9 1 3 , 7 5 2 7 7 2 , 3 5 9 7 6 4 , 6 5 9 7 5 6 , 7 5 9 7 5 1 , 1 5 9 7 5 8 , 3 5 9 7 7 2 , 0 5 9 No n - S p e n d a b l e E n d o w m e n t 75 0 , 0 0 0 75 0 , 0 0 0 75 0 , 0 0 0 7 5 0 , 0 0 0 7 5 0 , 0 0 0 7 5 0 , 0 0 0 7 5 0 , 0 0 0 7 5 0 , 0 0 0 Sp e n d a b l e F u n d B a l a n c e 26 , 0 0 7 23 , 5 5 9 22 , 3 5 9 1 4 , 6 5 9 6 , 7 5 9 1 , 1 5 9 8 , 3 5 9 2 2 , 0 5 9 4-36 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 2 5 ME A S U R E A - C A P I T A L ( F u n d - 3 3 9 ) & MA I N T E N A N C E ( F u n d - 2 2 4 ) F U N D S D E T A I L Re v e n u e s Gr a n t i n c o m e 0 2 5 0 , 0 0 0 1 6 0 , 6 4 1 ( 8 9 , 3 5 9 ) 2 5 0 , 0 0 0 1 7 0 , 5 1 6 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 In t e r e s t e a r n i n g s (h ) 83 1 7 0 7 0 ( 1 0 0 ) 1 7 0 00 0 0 0 To t a l R e v e n u e 83 2 5 0 , 1 7 0 1 6 0 , 7 1 1 ( 8 9 , 4 5 9 ) 2 5 0 , 1 7 0 1 7 0 , 5 1 6 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 To t a l E x p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 ME A S U R E A - C A P I T A L & M A I N T E N A N C E F U N D N E T BE F O R E T R A N S F E R S 83 2 5 0 , 1 7 0 1 6 0 , 7 1 1 ( 8 9 , 4 5 9 ) 2 5 0 , 1 7 0 1 7 0 , 5 1 6 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 Tr a n s f e r s O u t To G e n e r a l f u n d 16 0 , 6 4 1 1 0 0 , 0 0 0 1 0 0 , 0 0 0 0 1 0 0 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 To C I P f u n d 0 1 5 0 , 0 0 0 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 00 0 0 0 To t a l T r a n s f e r s O u t 16 0 , 6 4 1 2 5 0 , 0 0 0 1 0 0 , 0 0 0 1 5 0 , 0 0 0 2 5 0 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 ME A S U R E A ( P A R K S ) - C A P I T A L & M A I N T E N A N C E FU N D S S U M M A R Y : Be g i n n i n g F u n d B a l a n c e 34 , 1 6 1 ( 1 2 6 , 3 9 7 ) ( 1 2 6 , 3 9 7 ) 0 ( 6 5 , 6 8 6 ) ( 6 5 , 5 1 6 ) 00 0 0 Pl u s : R e v e n u e s 83 2 5 0 , 1 7 0 1 6 0 , 7 1 1 ( 8 9 , 4 5 9 ) 2 5 0 , 1 7 0 1 7 0 , 5 1 6 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 1 0 5 , 0 0 0 Le s s : E x p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t (1 6 0 , 6 4 1 ) ( 2 5 0 , 0 0 0 ) ( 1 0 0 , 0 0 0 ) 1 5 0 , 0 0 0 ( 2 5 0 , 0 0 0 ) ( 1 0 5 , 0 0 0 ) ( 1 0 5 , 0 0 0 ) ( 1 0 5 , 0 0 0 ) ( 1 0 5 , 0 0 0 ) ( 1 0 5 , 0 0 0 ) En d i n g F u n d B a l a n c e (1 2 6 , 3 9 7 ) ( 1 2 6 , 2 2 7 ) ( 6 5 , 6 8 6 ) 6 0 , 5 4 1 ( 6 5 , 5 1 6 ) 00 0 0 0 4-37 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 2 6 AB A L O N E C O V E S E W E R D I S T R I C T F U N D D E T A I L (F u n d - 2 2 5 ) Re v e n u e s Pr o p e r t y A s s e s s m e n t s (a ) 49 , 4 3 2 4 6 , 6 0 0 5 2 , 9 4 8 6 , 3 4 8 4 6 , 6 0 0 5 4 , 0 0 0 5 5 , 0 8 0 5 6 , 1 8 0 5 7 , 3 0 0 5 8 , 4 5 0 Se w e r u s e f e e 0 0 1 ,2 1 71 ,2 1 7 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 1, 4 4 3 2 6 0 28 9 29 10 0 80 1 2 0 2 4 0 6 2 0 6 9 0 To t a l R e v e n u e 50 , 8 7 5 4 6 , 8 6 0 5 4 , 4 5 4 7 , 5 9 4 4 6 , 7 0 0 5 4 , 0 8 0 5 5 , 2 0 0 5 6 , 4 2 0 5 7 , 9 2 0 5 9 , 1 4 0 Ex p e n d i t u r e s Ma i n t e n a n c e S e r v i c e s (b ) 15 , 5 4 9 1 1 4 , 5 0 0 1 0 2 , 4 7 8 1 2 , 0 2 2 5 7 , 8 0 0 8 6 , 0 0 0 8 7 , 8 0 0 8 9 , 6 0 0 9 1 , 6 0 0 9 3 , 7 0 0 Pe r s o n n e l & P r o f e s s i o n a l s e r v i c e s (b ) 29 , 6 9 1 1 9 , 3 0 0 2 0 , 0 8 2 ( 7 8 2 ) 1 2 , 1 0 0 1 9 , 6 0 0 2 0 , 0 0 0 2 0 , 4 0 0 2 0 , 8 0 0 2 1 , 3 0 0 To t a l E x p e n d i t u r e s 45 , 2 4 0 1 3 3 , 8 0 0 1 2 2 , 5 6 0 1 1 , 2 4 0 6 9 , 9 0 0 1 0 5 , 6 0 0 1 0 7 , 8 0 0 1 1 0 , 0 0 0 1 1 2 , 4 0 0 1 1 5 , 0 0 0 AB A L O N E C O V E S E W E R D I S T R I C T F U N D N E T BE F O R E T R A N S F E R S 5, 6 3 6 ( 8 6 , 9 4 0 ) ( 6 8 , 1 0 6 ) 1 8 , 8 3 4 ( 2 3 , 2 0 0 ) ( 5 1 , 5 2 0 ) ( 5 2 , 6 0 0 ) ( 5 3 , 5 8 0 ) ( 5 4 , 4 8 0 ) ( 5 5 , 8 6 0 ) Fu n d T r a n s f e r I n Fr o m G e n e r a l F u n d 32 , 7 0 0 1 0 , 7 0 0 1 0 , 7 0 0 0 1 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 To t a l T r a n s f e r I n 32 , 7 0 0 1 0 , 7 0 0 1 0 , 7 0 0 0 1 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 Fu n d T r a n s f e r O u t 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r O u t 0 0 0 0 0 0 0 0 0 0 AB A L O N E C O V E S E W E R D I S T R I C T F U N D Be g i n n i n g F u n d B a l a n c e 58 , 3 4 2 9 6 , 6 7 8 9 6 , 6 7 8 0 3 9 , 2 7 2 2 6 , 7 7 2 2 5 , 9 5 2 2 4 , 0 5 2 2 1 , 1 7 2 1 7 , 3 9 2 Pl u s : R e v e n u e s 50 , 8 7 5 4 6 , 8 6 0 5 4 , 4 5 4 7 , 5 9 4 4 6 , 7 0 0 5 4 , 0 8 0 5 5 , 2 0 0 5 6 , 4 2 0 5 7 , 9 2 0 5 9 , 1 4 0 Le s s : E x p e n d i t u r e s (4 5 , 2 4 0 ) ( 1 3 3 , 8 0 0 ) ( 1 2 2 , 5 6 0 ) 1 1 , 2 4 0 ( 6 9 , 9 0 0 ) ( 1 0 5 , 6 0 0 ) ( 1 0 7 , 8 0 0 ) ( 1 1 0 , 0 0 0 ) ( 1 1 2 , 4 0 0 ) ( 1 1 5 , 0 0 0 ) Pl u s : T r a n s f e r I n 32 , 7 0 0 1 0 , 7 0 0 1 0 , 7 0 0 0 1 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 5 0 , 7 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 En d i n g F u n d B a l a n c e 96 , 6 7 8 2 0 , 4 3 8 3 9 , 2 7 2 1 8 , 8 3 4 2 6 , 7 7 2 2 5 , 9 5 2 2 4 , 0 5 2 2 1 , 1 7 2 1 7 , 3 9 2 1 2 , 2 3 2 4-38 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 2 7 DR . A L L E N A N D C H A R L O T T E G I N S B U R G CU L T U R A L A R T S B U I L D I N G F U N D D E T A I L ( F u n d - 22 7 ) Re v e n u e s In t e r e s t e a r n i n g s (h ) 79 2 9 2 0 5 3 4 ( 3 8 6 ) 7 9 0 4 8 0 7 6 0 1 , 5 8 0 4 , 7 1 0 6 , 5 9 0 To t a l R e v e n u e 79 2 9 2 0 5 3 4 ( 3 8 6 ) 7 9 0 4 8 0 7 6 0 1 , 5 8 0 4 , 7 1 0 6 , 5 9 0 Ex p e n d i t u r e s Ca p i t a l O u t l a y - P a r k & R e c r e a t i o n 20,000 2 5 , 0 0 0 2 5 , 0 0 0 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 20,000 2 5 , 0 0 0 2 5 , 0 0 0 0 0 0 0 0 0 0 DR . A L L E N A N D C H A R L O T T E G I N S B U R G CU L T U R A L A R T S B U I L D I N G F U N D N E T B E F O R E TR A N S F E R S (1 9 , 2 0 8 ) ( 2 4 , 0 8 0 ) ( 2 4 , 4 6 6 ) ( 3 8 6 ) 79 0 48 0 7 6 0 1 , 5 8 0 4 , 7 1 0 6 , 5 9 0 Fu n d T r a n s f e r I n 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r I n 0 0 0 0 0 0 0 0 0 0 Fu n d T r a n s f e r O u t 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r O u t 0 0 0 0 0 0 0 0 0 0 DR . A L L E N A N D C H A R L O T T E G I N S B U R G CU L T U R A L A R T S B U I L D I N G F U N D S U M M A R Y : Be g i n n i n g F u n d B a l a n c e 20 2 , 1 5 6 1 8 2 , 9 4 8 1 8 2 , 9 4 8 0 1 5 8 , 4 8 2 1 5 9 , 2 7 2 1 5 9 , 7 5 2 1 6 0 , 5 1 2 1 6 2 , 0 9 2 1 6 6 , 8 0 2 Pl u s : R e v e n u e s 79 2 9 2 0 53 4 ( 3 8 6 ) 79 0 48 0 7 6 0 1 , 5 8 0 4 , 7 1 0 6 , 5 9 0 Le s s : E x p e n d i t u r e s (2 0 , 0 0 0 ) ( 2 5 , 0 0 0 ) ( 2 5 , 0 0 0 ) 0 0 00 0 0 0 Pl u s : T r a n s f e r I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 En d i n g F u n d B a l a n c e 18 2 , 9 4 8 1 5 8 , 8 6 8 1 5 8 , 4 8 2 ( 3 8 6 ) 1 5 9 , 2 7 2 1 5 9 , 7 5 2 1 6 0 , 5 1 2 1 6 2 , 0 9 2 1 6 6 , 8 0 2 1 7 3 , 3 9 2 4-39 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 2 8 DO N O R R E S T R I C T E D C O N T R I B U T I O N S F U N D DE T A I L - ( F u n d 2 2 8 ) Re v e n u e s Re s t r i c t e d D o n a t i o n s 0 0 0 0 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 1, 6 8 2 2 , 0 2 0 1 , 2 9 0 ( 7 3 0 ) 2 , 0 4 0 1 , 2 2 0 1 , 9 5 0 4 , 0 5 0 1 2 , 0 9 0 1 6 , 9 1 0 To t a l R e v e n u e 1, 6 8 2 2 , 0 2 0 1 , 2 9 0 ( 7 3 0 ) 2 , 0 4 0 1 , 2 2 0 1 , 9 5 0 4 , 0 5 0 1 2 , 0 9 0 1 6 , 9 1 0 Ex p e n d i t u r e s Ca p i t a l O u t l a y 0 0 0 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 DO N O R R E S T R I C T E D C O N T R I B U T I O N S F U N D N E T BE F O R E T R A N S F E R S 1, 6 8 2 2 , 0 2 0 1 , 2 9 0 ( 7 3 0 ) 2 , 0 4 0 1, 2 2 0 1 , 9 5 0 4 , 0 5 0 1 2 , 0 9 0 1 6 , 9 1 0 Fu n d T r a n s f e r I n 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r I n 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r T o C I P 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r O u t 0 0 0 0 0 0 0 0 0 0 DO N O R R E S T R I C T E D C O N T R I B U T I O N S F U N D SU M M A R Y : Be g i n n i n g F u n d B a l a n c e 40 3 , 8 3 7 4 0 5 , 5 1 9 4 0 5 , 5 1 9 0 4 0 6 , 8 0 9 4 0 8 , 8 4 9 4 1 0 , 0 6 9 4 1 2 , 0 1 9 4 1 6 , 0 6 9 4 2 8 , 1 5 9 Pl u s : R e v e n u e s 1, 6 8 2 2 , 0 2 0 1 , 2 9 0 ( 7 3 0 ) 2 , 0 4 0 1, 2 2 0 1 , 9 5 0 4 , 0 5 0 1 2 , 0 9 0 1 6 , 9 1 0 Le s s : E x p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 Pl u s : T r a n s f e r I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 En d i n g F u n d B a l a n c e 40 5 , 5 1 9 4 0 7 , 5 3 9 4 0 6 , 8 0 9 ( 7 3 0 ) 4 0 8 , 8 4 9 4 1 0 , 0 6 9 4 1 2 , 0 1 9 4 1 6 , 0 6 9 4 2 8 , 1 5 9 4 4 5 , 0 6 9 4-40 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 2 9 QU I M B Y F U N D D E T A I L ( F u n d - 3 3 4 ) Re v e n u e s De v e l o p e r f e e s 0 0 0 0 0 1 , 4 0 0 , 0 0 0 1 , 3 0 0 , 0 0 00 0 0 In t e r e s t e a r n i n g s (h ) 12 3 1 5 0 9 2 ( 5 8 ) 0 0 1 , 9 4 0 1 3 , 8 5 0 4 1 , 3 4 0 5 7 , 8 5 0 To t a l R e v e n u e 12 3 1 5 0 9 2 ( 5 8 ) 0 1 , 4 0 0 , 0 0 0 1 , 3 0 1 , 9 4 0 1 3 , 8 5 0 4 1 , 3 4 0 5 7 , 8 5 0 Ex p e n d i t u r e s Im p r o v e m e n t s 0 0 0 0 2 9 , 0 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 0 0 0 0 2 9 , 0 0 0 0 0 0 0 0 QU I M B Y F U N D N E T B E F O R E T R A N S F E R S 12 3 1 5 0 9 2 ( 5 8 ) ( 2 9 , 0 0 0 ) 1 , 4 0 0 , 0 0 0 1 , 3 0 1 , 9 4 0 1 3 , 8 5 0 4 1 , 3 4 0 5 7 , 8 5 0 Tr a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Tr a n s f e r s O u t 0 0 0 0 0 9 9 3 , 0 0 0 3 0 0 , 0 0 00 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 0 9 9 3 , 0 0 0 3 0 0 , 0 0 00 0 0 QU I M B Y F U N D S U M M A R Y : Be g i n n i n g F u n d B a l a n c e 29 , 2 0 5 2 9 , 3 2 8 2 9 , 3 2 8 0 2 9 , 4 2 0 42 0 4 0 7 , 4 2 0 1 , 4 0 9 , 3 6 0 1 , 4 2 3 , 2 1 0 1 , 4 6 4 , 5 5 0 Pl u s : R e v e n u e s 12 3 1 5 0 92 (5 8 ) 0 1 , 4 0 0 , 0 0 0 1 , 3 0 1 , 9 4 0 1 3 , 8 5 0 4 1 , 3 4 0 5 7 , 8 5 0 Le s s : E x p e n d i t u r e s 0 0 0 0 ( 2 9 , 0 0 0 ) 00 0 0 0 Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 ( 9 9 3 , 0 0 0 ) ( 3 0 0 , 0 0 0 ) 0 0 0 En d i n g F u n d B a l a n c e 29 , 3 2 8 2 9 , 4 7 8 2 9 , 4 2 0 (5 8 ) 42 0 4 0 7 , 4 2 0 1 , 4 0 9 , 3 6 0 1 , 4 2 3 , 2 1 0 1 , 4 6 4 , 5 5 0 1 , 5 2 2 , 4 0 0 4-41 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 3 0 AF F O R D A B L E H O U S I N G I N - L I E U F U N D D E T A I L (F u n d - 3 3 7 ) Re v e n u e s De v e l o p e r f e e s 0 0 0 0 0 0 2 2 1 , 8 1 80 0 0 Mi s c r e v e n u e 0 3 3 0 , 0 0 0 0 ( 3 3 0 , 0 0 0 ) 0 00 0 0 0 Eq u i t y t r a n s f e r i n 0 0 5 0 0 , 0 0 0 5 0 0 , 0 0 0 0 00 0 0 0 In t e r e s t e a r n i n g s (h ) 16 1 0 6 9 7 6 8 7 4 , 1 6 0 1 , 5 1 0 2 , 4 0 0 7 , 1 5 0 2 1 , 3 4 0 2 9 , 8 5 0 To t a l R e v e n u e 16 3 3 0 , 0 1 0 5 0 0 , 6 9 7 1 7 0 , 6 8 7 4 , 1 6 0 1 , 5 1 0 2 2 4 , 2 1 8 7 , 1 5 0 2 1 , 3 4 0 2 9 , 8 5 0 Ex p e n d i t u r e s 2 ,8 8 94 ,0 0 03 ,6 5 93 4 1 0 3 ,8 0 00 0 0 0 To t a l E x p e n d i t u r e s 2 ,8 8 94 ,0 0 03 ,6 5 93 4 1 0 3 ,8 0 00 0 0 0 AF F O R D A B L E H O U S I N G S E T - A S I D E F U N D N E T BE F O R E T R A N S F E R S (2 , 8 7 3 ) 3 2 6 , 0 1 0 4 9 7 , 0 3 8 1 7 1 , 0 2 8 4, 1 6 0 (2 , 2 9 0 ) 2 2 4 , 2 1 8 7 , 1 5 0 2 1 , 3 4 0 2 9 , 8 5 0 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 AF F O R D A B L E H O U S I N G I N - L I E U F U N D S U M M A R Y (N O N - R D A ) Be g i n n i n g F u n d B a l a n c e 7, 0 2 5 1 , 7 7 0 , 5 2 0 4 , 1 5 2 ( 1 , 7 6 6 , 3 6 8 ) 5 0 1 , 1 9 0 5 0 5 , 3 5 0 5 0 3 , 0 6 0 7 2 7 , 2 7 8 7 3 4 , 4 2 8 7 5 5 , 7 6 8 Pl u s : R e v e n u e s 16 3 3 0 , 0 1 0 5 0 0 , 6 9 7 1 7 0 , 6 8 7 4 , 1 6 0 1 , 5 1 0 2 2 4 , 2 1 8 7 , 1 5 0 2 1 , 3 4 0 2 9 , 8 5 0 Le s s : E x p e n d i t u r e s (2 , 8 8 9 ) ( 4 , 0 0 0 ) ( 3 , 6 5 9 ) 3 4 1 0 ( 3 , 8 0 0 ) 00 0 0 Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 Sp e n d a b l e F u n d B a l a n c e 4, 1 5 2 2 , 0 9 6 , 5 3 0 5 0 1 , 1 9 0 ( 1 , 5 9 5 , 3 4 0 ) 5 0 5 , 3 5 0 5 0 3 , 0 6 0 7 2 7 , 2 7 8 7 3 4 , 4 2 8 7 5 5 , 7 6 8 7 8 5 , 6 1 8 AM C A L L o n g - T e r m N o t e R e c e i v a b l e 1, 7 6 6 , 3 6 8 2 , 9 9 0 , 0 0 0 En d i n g F u n d B a l a n c e p e r F i n a n c i a l S t a t e m e n t s 1, 7 7 0 , 5 2 0 3 , 4 9 1 , 1 9 0 4-42 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 3 1 EN V I R O N M E N T A L E X C I S E T A X ( E E T ) F U N D D E T A I L (F u n d - 3 3 8 ) Re v e n u e s De v e l o p e r f e e s 27 , 3 8 4 0 3 5 , 9 5 4 3 5 , 9 5 4 0 2 4 0 , 7 6 0 1 1 5 , 4 1 8 2 5 , 0 0 0 2 5 , 0 0 0 2 5 , 0 0 0 In t e r e s t e a r n i n g s (h ) 2, 7 4 4 4 1 0 1 , 4 1 7 1 , 0 0 7 1, 7 7 0 91 0 1 , 1 7 0 1 , 1 1 0 2 , 5 8 0 4 , 6 0 0 To t a l R e v e n u e 30 , 1 2 8 4 1 0 3 7 , 3 7 1 3 6 , 9 6 1 1, 7 7 0 2 4 1 , 6 7 0 1 1 6 , 5 8 8 2 6 , 1 1 0 2 7 , 5 8 0 2 9 , 6 0 0 Ex p e n d i t u r e s Im p r o v e m e n t s 21 2 , 6 8 2 3 8 , 2 4 5 3 8 , 2 4 5 0 6 1 , 8 0 0 00 0 0 0 To t a l E x p e n d i t u r e s 21 2 , 6 8 2 3 8 , 2 4 5 3 8 , 2 4 5 0 6 1 , 8 0 0 00 0 0 0 EE T F U N D N E T B E F O R E T R A N S F E R S (1 8 2 , 5 5 4 ) ( 3 7 , 8 3 5 ) (8 7 4 ) 3 6 , 9 6 1 ( 6 0 , 0 3 0 ) 2 4 1 , 6 7 0 1 1 6 , 5 8 8 2 6 , 1 1 0 2 7 , 5 8 0 2 9 , 6 0 0 Tr a n s f e r s O u t To C I P f u n d 86 , 3 0 0 0 0 0 5 0 , 0 0 0 3 0 0 , 0 0 0 2 5 0 , 0 0 0 5 0 , 0 0 0 0 0 To t a l T r a n s f e r s O u t 86 , 3 0 0 0 0 0 5 0 , 0 0 0 3 0 0 , 0 0 0 2 5 0 , 0 0 0 5 0 , 0 0 0 0 0 EN V I R O N M E N T A L E X C I S E T A X ( E E T ) F U N D SU M M A R Y Be g i n n i n g F u n d B a l a n c e 68 4 , 2 5 1 4 1 5 , 3 9 7 4 1 5 , 3 9 7 0 4 1 4 , 5 2 3 3 0 4 , 4 9 3 2 4 6 , 1 6 3 1 1 2 , 7 5 1 8 8 , 8 6 1 1 1 6 , 4 4 1 Pl u s : R e v e n u e s 30 , 1 2 8 4 1 0 3 7 , 3 7 1 3 6 , 9 6 1 1, 7 7 0 2 4 1 , 6 7 0 1 1 6 , 5 8 8 2 6 , 1 1 0 2 7 , 5 8 0 2 9 , 6 0 0 Le s s : E x p e n d i t u r e s (2 1 2 , 6 8 2 ) ( 3 8 , 2 4 5 ) ( 3 8 , 2 4 5 ) 0 ( 6 1 , 8 0 0 ) 00 0 0 0 Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t (8 6 , 3 0 0 ) 0 0 0 ( 5 0 , 0 0 0 ) ( 3 0 0 , 0 0 0 ) ( 2 5 0 , 0 0 0 ) ( 5 0 , 0 0 0 ) 0 0 En d i n g F u n d B a l a n c e 41 5 , 3 9 7 3 7 7 , 5 6 2 4 1 4 , 5 2 3 3 6 , 9 6 1 3 0 4 , 4 9 3 2 4 6 , 1 6 3 1 1 2 , 7 5 1 8 8 , 8 6 1 1 1 6 , 4 4 1 1 4 6 , 0 4 1 4-43 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 3 2 BI K E W A Y S F U N D D E T A I L ( F u n d - 3 4 0 ) Re v e n u e s Gr a n t I n c o m e 17 , 2 2 3 2 5 , 0 0 0 0 ( 2 5 , 0 0 0 ) 5 1 , 2 0 4 2 6 , 5 8 6 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 Ot h e r r e v e n u e s 9,750 0 0 0 9 , 7 5 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 51 0 1 0 1 0 0 0 0 0 0 0 To t a l R e v e n u e 27 , 0 2 4 2 5 , 0 0 0 10 ( 2 4 , 9 9 0 ) 6 0 , 9 5 4 2 6 , 5 8 6 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 To t a l E x p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 BI K E W A Y S F U N D N E T B E F O R E T R A N S F E R S 27 , 0 2 4 2 5 , 0 0 0 10 ( 2 4 , 9 9 0 ) 6 0 , 9 5 4 2 6 , 5 8 6 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 Tr a n s f e r s O u t To C I P f u n d 26 , 9 7 3 2 5 , 0 0 0 0 2 5 , 0 0 0 6 1 , 0 1 5 2 6 , 5 8 6 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 To t a l T r a n s f e r s O u t 26 , 9 7 3 2 5 , 0 0 0 0 2 5 , 0 0 0 6 1 , 0 1 5 2 6 , 5 8 6 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 BI K E W A Y S F U N D S U M M A R Y : Be g i n n i n g F u n d B a l a n c e 0 51 51 0 61 (0 ) (0 ) (0 ) (0 ) (0 ) Pl u s : R e v e n u e s 27 , 0 2 4 2 5 , 0 0 0 10 ( 2 4 , 9 9 0 ) 6 0 , 9 5 4 2 6 , 5 8 6 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 2 6 , 6 0 0 Le s s : E x p e n d i t u r e s 0 0 0 0 0 0 0 0 0 0 Pl u s : T r a n s f e r s I n 0 0 0 0 0 0 0 0 0 0 Le s s : T r a n s f e r s O u t (2 6 , 9 7 3 ) ( 2 5 , 0 0 0 ) 0 2 5 , 0 0 0 ( 6 1 , 0 1 5 ) ( 2 6 , 5 8 6 ) ( 2 6 , 6 0 0 ) ( 2 6 , 6 0 0 ) ( 2 6 , 6 0 0 ) ( 2 6 , 6 0 0 ) En d i n g F u n d B a l a n c e 51 51 61 10 (0 ) (0 ) (0 ) (0 ) (0 ) (0 ) 4-44 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 3 3 WA T E R Q U A L I T Y & F L O O D P R O T E C T I O N ( F u n d - 50 1 ) Re v e n u e s St a t e G r a n t s 93 0 0 0 9 , 4 6 4 , 7 2 7 00 0 0 0 St o r m D r a i n U s e r F e e (a ) 1, 3 1 2 , 2 3 0 1 , 2 7 7 , 0 0 0 1 , 3 1 9 , 1 0 9 4 2 , 1 0 9 1 , 3 0 3 , 0 0 0 1 , 3 2 9 , 0 0 0 1 , 3 5 5 , 6 0 0 1 , 3 8 2 , 7 0 0 0 0 In t e r e s t e a r n i n g s (h ) 12 , 5 6 1 2 , 8 0 0 1 0 , 9 6 5 8 , 1 6 5 2, 5 0 0 1, 5 0 0 1 , 1 0 0 3 , 7 0 0 2 8 , 6 0 0 8 , 4 0 0 To t a l R e v e n u e 1, 3 2 4 , 8 8 3 1 , 2 7 9 , 8 0 0 1 , 3 3 0 , 0 7 4 5 0 , 2 7 4 1 0 , 7 7 0 , 2 2 7 1 , 3 3 0 , 5 0 0 1 , 3 5 6 , 7 0 0 1 , 3 8 6 , 4 0 0 2 8 , 6 0 0 8 , 4 0 0 Ex p e n s e s Ad m i n i s t r a t i o n 14 5 , 5 3 3 1 3 0 , 2 0 0 1 4 1 , 3 2 0 ( 1 1 , 1 2 0 ) 1 4 8 , 6 1 8 1 5 1 , 3 0 0 1 6 1 , 7 9 2 1 6 6 , 6 4 6 1 7 1 , 6 4 5 1 7 5 , 0 0 0 Ma i n t e n a n c e 41 , 4 6 8 4 2 , 7 5 0 8 6 , 3 5 9 ( 4 3 , 6 0 9 ) 3 2 6 , 5 9 9 2 2 9 , 7 2 7 2 3 7 , 5 1 8 2 4 5 , 5 4 4 2 5 0 , 4 5 5 2 5 0 , 0 0 0 Im p r o v e m e n t s & E n g i n e e r i n g 59 6 , 8 8 7 9 6 8 , 4 1 6 9 3 6 , 3 9 6 3 2 , 0 2 0 2 1 , 6 2 5 , 8 4 6 1 , 2 1 5 , 8 8 1 8 0 5 , 2 7 8 3 7 0 , 8 3 6 3 7 7 , 6 5 3 3 8 0 , 0 0 0 To t a l E x p e n s e s 78 3 , 8 8 8 1 , 1 4 1 , 3 6 6 1 , 1 6 4 , 0 7 5 ( 2 2 , 7 0 9 ) 2 2 , 1 0 1 , 0 6 3 1 , 5 9 6 , 9 0 8 1 , 2 0 4 , 5 8 8 7 8 3 , 0 2 6 7 9 9 , 7 5 3 8 0 5 , 0 0 0 WQ F P F U N D N E T B E F O R E T R A N S F E R S 54 0 , 9 9 5 1 3 8 , 4 3 4 1 6 5 , 9 9 9 2 7 , 5 6 5 ( 1 1 , 3 3 0 , 8 3 6 ) ( 2 6 6 , 4 0 8 ) 1 5 2 , 1 1 2 6 0 3 , 3 7 4 ( 7 7 1 , 1 5 3 ) ( 7 9 6 , 6 0 0 ) Fu n d T r a n s f e r I n Fr o m C I P F u n d 0 0 0 0 8 , 2 9 3 , 0 0 9 00 0 0 61 0 , 0 0 0 To t a l T r a n s f e r I n 0 0 0 0 8 , 2 9 3 , 0 0 9 00 0 0 61 0 , 0 0 0 Fu n d T r a n s f e r O u t 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r O u t 0 0 0 0 0 0 0 0 0 0 WQ F P N E T A S S E T S U M M A R Y : Be g i n n i n g U n r e s t r i c t e d N e t A s s e t s 2, 8 2 4 , 6 2 1 3 , 3 6 5 , 6 1 6 3 , 3 6 5 , 6 1 6 0 3 , 5 3 1 , 6 1 5 4 9 3 , 7 8 8 2 2 7 , 3 8 0 3 7 9 , 4 9 2 9 8 2 , 8 6 6 2 1 1 , 7 1 3 Pl u s : R e v e n u e s 1, 3 2 4 , 8 8 3 1 , 2 7 9 , 8 0 0 1 , 3 3 0 , 0 7 4 5 0 , 2 7 4 1 0 , 7 7 0 , 2 2 7 1 , 3 3 0 , 5 0 0 1 , 3 5 6 , 7 0 0 1 , 3 8 6 , 4 0 0 2 8 , 6 0 0 8 , 4 0 0 Le s s : E x p e n s e s (7 8 3 , 8 8 8 ) ( 1 , 1 4 1 , 3 6 6 ) ( 1 , 1 6 4 , 0 7 5 ) ( 2 2 , 7 0 9 ) ( 2 2 , 1 0 1 , 0 6 3 ) ( 1 , 5 9 6 , 9 0 8 ) ( 1 , 2 0 4 , 5 8 8 ) ( 7 8 3 , 0 2 6 ) ( 7 9 9 , 7 5 3 ) ( 8 0 5 , 0 0 0 ) Pl u s : T r a n s f e r I n 0 0 0 0 8 , 2 9 3 , 0 0 9 00 0 0 61 0 , 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 Un r e s t r i c t e d N e t A s s e t s 3, 3 6 5 , 6 1 6 3 , 5 0 4 , 0 5 0 3 , 5 3 1 , 6 1 5 2 7 , 5 6 5 4 9 3 , 7 8 8 2 2 7 , 3 8 0 3 7 9 , 4 9 2 9 8 2 , 8 6 6 2 1 1 , 7 1 3 2 5 , 1 1 3 In v e s t e d i n C a p i t a l A s s e t s 12 , 7 5 2 , 6 6 9 13 , 3 5 6 , 2 5 9 To t a l N e t A s s e t s 16 , 1 1 8 , 2 8 5 16 , 8 8 7 , 8 7 4 4-45 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 3 4 IM P R O V E M E N T A U T H O R I T Y - P O R T U G U E S E B E N D FU N D D E T A I L ( F u n d - 2 8 5 ) Re v e n u e s In t e r e s t e a r n i n g s (h ) 47 2 1 , 2 2 0 0 ( 1 , 2 2 0 ) 1 , 1 0 0 8 2 0 1 , 0 7 0 1 , 7 2 0 3 , 5 5 0 2 , 7 2 0 To t a l R e v e n u e 47 2 1 , 2 2 0 0 ( 1 , 2 2 0 ) 1 , 1 0 0 8 2 0 1 , 0 7 0 1 , 7 2 0 3 , 5 5 0 2 , 7 2 0 Ex p e n d i t u r e s Ma i n t e n a n c e & O p e r a t i o n s (b ) 82 , 4 6 4 1 4 3 , 3 5 0 5 2 , 6 0 6 9 0 , 7 4 4 1 4 3 , 4 0 0 1 1 9 , 1 0 0 1 2 1 , 6 0 0 1 2 4 , 2 0 0 1 2 6 , 9 0 0 1 2 9 , 8 0 0 To t a l E x p e n d i t u r e s 82 , 4 6 4 1 4 3 , 3 5 0 5 2 , 6 0 6 9 0 , 7 4 4 1 4 3 , 4 0 0 1 1 9 , 1 0 0 1 2 1 , 6 0 0 1 2 4 , 2 0 0 1 2 6 , 9 0 0 1 2 9 , 8 0 0 IM P R O V E M E N T A U T H O R I T Y - P O R T U G U E S E B E N D FU N D N E T B E F O R E T R A N S F E R S (8 1 , 9 9 2 ) ( 1 4 2 , 1 3 0 ) ( 5 2 , 6 0 6 ) 8 9 , 5 2 4 ( 1 4 2 , 3 0 0 ) ( 1 1 8 , 2 8 0 ) ( 1 2 0 , 5 3 0 ) ( 1 2 2 , 4 8 0 ) ( 1 2 3 , 3 5 0 ) ( 1 2 7 , 0 8 0 ) Tr a n s f e r s I n Fr o m G e n e r a l f u n d 10 1 , 0 0 0 6 0 , 0 0 0 6 0 , 0 0 0 0 1 0 6 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 To t a l T r a n s f e r s I n 10 1 , 0 0 0 6 0 , 0 0 0 6 0 , 0 0 0 0 1 0 6 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 Tr a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 IM P R O V E M E N T A U T H O R I T Y - P O R T U G U E S E B E N D FU N D S U M M A R Y Be g i n n i n g F u n d B a l a n c e 28 3 , 3 2 0 3 0 2 , 3 2 8 3 0 2 , 3 2 8 0 3 0 9 , 7 2 2 2 7 3 , 4 2 2 2 2 5 , 1 4 2 1 7 4 , 6 1 2 1 2 2 , 1 3 2 6 8 , 7 8 2 Pl u s : R e v e n u e s 47 2 1 , 2 2 0 0 ( 1 , 2 2 0 ) 1 , 1 0 0 82 0 1 , 0 7 0 1 , 7 2 0 3 , 5 5 0 2 , 7 2 0 Le s s : E x p e n d i t u r e s (8 2 , 4 6 4 ) ( 1 4 3 , 3 5 0 ) ( 5 2 , 6 0 6 ) 9 0 , 7 4 4 ( 1 4 3 , 4 0 0 ) ( 1 1 9 , 1 0 0 ) ( 1 2 1 , 6 0 0 ) ( 1 2 4 , 2 0 0 ) ( 1 2 6 , 9 0 0 ) ( 1 2 9 , 8 0 0 ) Pl u s : T r a n s f e r s I n 10 1 , 0 0 0 6 0 , 0 0 0 6 0 , 0 0 0 0 1 0 6 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 7 0 , 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 En d i n g F u n d B a l a n c e 30 2 , 3 2 8 2 2 0 , 1 9 8 3 0 9 , 7 2 2 8 9 , 5 2 4 2 7 3 , 4 2 2 2 2 5 , 1 4 2 1 7 4 , 6 1 2 1 2 2 , 1 3 2 6 8 , 7 8 2 1 1 , 7 0 2 4-46 CI T Y O F R A N C H O P A L O S V E R D E S 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L - ( B Y F U N D ) EX H I B I T B F A C T O R AC T U A L FY 1 0 - 1 1 BU D G E T FY 1 1 - 1 2 AC T U A L FY 1 1 - 1 2 VA R I A N C E FY 1 1 - 1 2 RE V I S E D BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 PA G E 3 5 IM P R O V E M E N T A U T H O R I T Y - A B A L O N E C O V E FU N D D E T A I L ( F u n d - 7 9 5 ) Re v e n u e s In t e r e s t e a r n i n g s (h ) 2, 5 7 8 6 , 2 0 0 5 ( 6 , 1 9 5 ) 5 , 9 0 0 3, 3 0 0 5 , 1 0 0 1 0 , 2 0 0 2 9 , 5 0 0 3 9 , 8 0 0 To t a l R e v e n u e 2, 5 7 8 6 , 2 0 0 5 ( 6 , 1 9 5 ) 5 , 9 0 0 3, 3 0 0 5 , 1 0 0 1 0 , 2 0 0 2 9 , 5 0 0 3 9 , 8 0 0 Ex p e n d i t u r e s RD A S t o r m D r a i n U s e r F e e (a ) 2, 8 4 7 2 , 9 0 0 2 , 8 9 0 10 0 3, 0 0 0 3 , 1 0 0 3 , 2 0 0 3 , 3 0 0 3 , 4 0 0 Op e r a t i o n s (b ) 40 , 1 7 7 4 6 , 8 5 0 8 7 , 0 7 9 ( 4 0 , 2 2 9 ) 1 0 9 , 9 0 0 5 0 , 3 0 0 5 1 , 4 0 0 5 2 , 5 0 0 5 3 , 7 0 0 5 4 , 9 0 0 Co n t r i b u t i o n t o A C L A D M a i n t e n a n c e 0 0 0 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 43 , 0 2 4 4 9 , 7 5 0 8 9 , 9 6 9 ( 4 0 , 2 1 9 ) 1 0 9 , 9 0 0 5 3 , 3 0 0 5 4 , 5 0 0 5 5 , 7 0 0 5 7 , 0 0 0 5 8 , 3 0 0 IM P R O V E M E N T A U T H O R I T Y - A B A L O N E C O V E FU N D N E T B E F O R E T R A N S F E R S (4 0 , 4 4 6 ) ( 4 3 , 5 5 0 ) ( 8 9 , 9 6 4 ) ( 4 6 , 4 1 4 ) ( 1 0 4 , 0 0 0 ) ( 5 0 , 0 0 0 ) ( 4 9 , 4 0 0 ) ( 4 5 , 5 0 0 ) ( 2 7 , 5 0 0 ) ( 1 8 , 5 0 0 ) Tr a n s f e r s I n Fr o m G e n e r a l f u n d 0 0 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 Tr a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 IM P R O V E M E N T A U T H O R I T Y - A B A L O N E C O V E FU N D S U M M A R Y Be g i n n i n g F u n d B a l a n c e 33 3 , 2 2 3 2 9 2 , 7 7 7 2 9 2 , 7 7 7 0 2 0 2 , 8 1 3 9 8 , 8 1 3 6 8 , 8 1 3 3 9 , 4 1 3 1 3 , 9 1 3 6 , 4 1 3 Pl u s : R e v e n u e s 2, 5 7 8 6 , 2 0 0 5 ( 6 , 1 9 5 ) 5 , 9 0 0 3, 3 0 0 5 , 1 0 0 1 0 , 2 0 0 2 9 , 5 0 0 3 9 , 8 0 0 Le s s : E x p e n d i t u r e s (4 3 , 0 2 4 ) ( 4 9 , 7 5 0 ) ( 8 9 , 9 6 9 ) ( 4 0 , 2 1 9 ) ( 1 0 9 , 9 0 0 ) ( 5 3 , 3 0 0 ) ( 5 4 , 5 0 0 ) ( 5 5 , 7 0 0 ) ( 5 7 , 0 0 0 ) ( 5 8 , 3 0 0 ) Pl u s : T r a n s f e r s I n 0 0 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 2 0 , 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 0 0 0 0 0 0 Sp e n d a b l e F u n d B a l a n c e 29 2 , 7 7 7 2 4 9 , 2 2 7 2 0 2 , 8 1 3 ( 4 6 , 4 1 4 ) 9 8 , 8 1 3 6 8 , 8 1 3 3 9 , 4 1 3 1 3 , 9 1 3 6 , 4 1 3 7 , 9 1 3 No n - S p e n d a b l e E n d o w m e n t 1, 0 0 0 , 0 0 0 1, 0 0 0 , 0 0 0 1, 0 0 0 , 0 0 0 En d i n g F u n d B a l a n c e P e r F i n a n c i a l S t a t e m e n t s 1, 2 9 2 , 7 7 7 1, 2 0 2 , 8 1 3 1, 0 9 8 , 8 1 3 4-47 CI T Y O F R A N C H O P A L O S V E R D E S - 2 0 1 3 F I V E - Y E A R F I NA N C I A L M O D E L EX H I B I T C - 1 CA P I T A L I M P R O V E M E N T P R O J E C T S F U N D E X P E N D I T U R E S CI P F U N D P R O J E C T S AC T U A L FY 1 0 - 1 1 AC T U A L FY 1 1 - 1 2 BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L F Y 1 4 - 15 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L F Y 1 7 - 18 FU N D I N G S O U R C E St r e e t I n f r a s t r u c t u r e FY 0 9 - 1 0 A r t e r i a l S t r e e t R e h a b ( P V D S / P V D W ) 2, 2 0 2 , 3 3 6 Me a s u r e R / P r o p C & A / S T P L / C I P R e s e r v e ( No . C i t y l i m i t ) 2, 3 8 0 , 0 0 0 Me a s u r e R / P r o p C & A / S T P L / C I P R e s e r v e Fu t u r e A r t e r i a l S t r e e t R e h a b P r o j e c t s 70 , 0 0 0 2 , 6 3 0 , 0 0 0 7 0 , 0 0 0 2 , 7 3 0 , 0 0 0 1 , 5 0 0 , 0 0 0 Me a s u r e R / P r o p C & A / S T P L / C I P R e s e r v e FY 0 9 - 1 0 R e s i d e n t i a l S t r e e t R e h a b ( P V D S A r e a ) 1, 4 4 5 , 6 9 3 Ge n e r a l F u n d / T D A A r t i c l e 3 (C r e n s h a w / C r e s t A r e a ) 19 3 , 6 1 1 7 , 3 0 9 1 , 5 1 2 , 6 9 1 Ge n e r a l F u n d / T D A A r t i c l e 3 FY 1 1 - 1 2 R e s i d e n t i a l S t r e e t R e h a b (H a w t h o r n e / S i l v e r S p u r A r e a ) 1, 6 7 7 , 6 9 7 Ge n e r a l F u n d / T D A A r t i c l e 3 FY 1 2 - 1 3 R e s i d e n t i a l S t r e e t R e h a b ( H a w t h o r n e Ar e a , C r e s t t o G r a y s l a k e ) 1, 6 1 1 , 0 1 5 Ge n e r a l F u n d / T D A A r t i c l e 3 (E a s t v i e w / P e n i n s u l a V e r d e A r e a ) 1, 9 0 0 , 0 0 0 Ge n e r a l F u n d / T D A A r t i c l e 3 Fu t u r e R e s i d e n t i a l S t r e e t R e h a b P r o j e c t s 2, 1 0 0 , 0 0 0 1 , 8 0 0 , 0 0 0 1 , 8 0 0 , 0 0 0 2 , 1 0 0 , 0 0 0 Ge n e r a l F u n d / T D A A r t i c l e 3 Pa v e m e n t M a n a g e m e n t P l a n U p d a t e 12 0 , 0 0 0 12 0 , 0 0 0 CI P R e s e r v e Ar t e r i a l M e d i a n I m p r o v e m e n t s ( P V D W ) 26 , 8 1 0 4 7 3 , 6 9 0 Be a u t i f i c a t i o n F u n d Tr a f f i c S i g n a l - C r e n s h a w / C r e s t r i d g e 11 , 9 1 8 1 4 9 , 1 6 0 Gr a n t / C I P R e s e r v e Tr a f f i c S i g n a l S y n c h r o n i z a t i o n - H a w t h o r n e B l v d 6, 0 0 7 7 7 9 , 5 2 5 Gr a n t / C I P R e s e r v e PV D E - E a r l y A c t i o n S a f e t y I m p r o v e m e n t s 6, 8 8 6 27 3 , 1 1 4 Gr a n t / C I P R e s e r v e PV D E - H e a d l a n d S a f e t y I m p r o v e m e n t s 41 , 7 0 0 50 0 , 3 0 0 Gr a n t / C I P R e s e r v e Ha w t h o r n e B l v d - P e d e s t r i a n I m p r o v e m e n t s 4, 4 1 9 1 3 9 , 8 1 8 1 , 2 8 2 , 7 6 3 Gr a n t / C I P R e s e r v e PV D S - B i k e w a y S a f e t y P r o j e c t 6, 7 5 5 3 6 0 7 9 3 , 8 8 5 Gr a n t / C I P R e s e r v e PV D S - R e a l i g n E a s t E n d o f L a n d s l i d e 50 0 , 0 0 0 CI P R e s e r v e PV D S - L a n d s l i d e R o a d w a y R e a l i g n m e n t a n d Dr a i n a g e 24 5 , 0 0 0 3 , 5 1 0 , 0 0 0 CI P R e s e r v e PV D E - M u l t i M o d a l I m p r o v e m e n t s 3, 2 0 0 , 0 0 0 Gr a n t / C I P R e s e r v e W e s t e r n A v e - T r a f f i c I m p r o v e m e n t s 3, 2 0 0 , 0 0 0 Ou t s i d e A g e n c y C o n t r i b / C I P R e s e r v e Pa r k s & O p e n S p a c e I n f r a s t r u c t u r e He s s e P a r k F i e l d U p g r a d e P h a s e I & I I 22 0 , 2 9 6 Ge n e r a l F u n d / E E T He s s e P a r k P a r k i n g L o t 19 0 , 0 0 0 Qu i m b y Lo w e r H e s s e / G r a n d v i e w P a r k I m p r o v e m e n t s 55 , 7 5 9 1 0 3 , 2 1 6 3 6 , 0 0 0 Ge n e r a l F u n d / C I P R e s e r v e Ry a n P a r k F i e l d U p g r a d e 27 0 , 4 6 3 5 , 1 4 5 Ge n e r a l F u n d / E E T Ry a n P a r k S o u t h e r n E n t r a n c e R o a d - D e s i g n 10 , 3 5 3 2 2 9 , 6 4 7 CI P R e s e r v e Ry a n P a r k P a r k i n g L o t R e p a i r ( C a l W a t e r D a m a g e ) 29 , 1 1 4 CI P R e s e r v e Ry a n P a r k P a r k i n g L o t E x p a n s i o n 40 0 , 0 0 0 Qu i m b y Ry a n P a r k R e s t r o o m I m p r o v e m e n t s 26 7 , 5 1 2 CI P R e s e r v e PV I C - B u i l d i n g S i g n & S c r e e n i n g W a l l 11 0 , 0 0 0 Qu i m b y La d e r a L i n d a S i t e M a s t e r P l a n 10 0 , 0 0 0 Ge n e r a l F u n d Ab a l o n e C o v e S h o r e l i n e P a r k I m p r o v e m e n t s 66 5 , 1 7 6 Gr a n t / C I P R e s e r v e Sh o r e l i n e P a r k E r o s i o n C o n t r o l 35 , 0 0 0 CI P R e s e r v e Ab a l o n e C o v e S h o r e l i n e P a r k - P a r k i n g L o t 33 2 , 0 0 0 Qu i m b y A ba l o n e C o v e S h o r e l i n e P a r k - S t a f f B u i l d i n g , Re s t r o o m s & D r i v e w a y 10 8 , 0 0 0 Qu i m b y Ea s t v i e w P a r k P l a y g r o u n d I m p r o v e m e n t s 59 , 3 5 5 1 8 5 , 5 6 5 Kn a b e M e a s u r e A G r a n t / C I P R e s e r v e Ca l i f o r n i a C o a s t a l T r a i l 41 , 0 7 7 5 8 7 , 9 6 4 Gr a n t / C I P R e s e r v e Sa l v a t i o n A r m y T r a i l 10 3 , 0 0 0 Qu i m b y Br o n c o , M a r t i n g a l e & G r a y s l a k e T r a i l s - D e s i g n 50 , 0 0 0 Qu i m b y Ga t e w a y P a r k D e v e l o p m e n t 20 0 , 0 0 0 Gr a n t / C I P R e s e r v e Do g / S k a t e P a r k A n a l y s i s 5, 2 1 7 Ge n e r a l F u n d Pt . V i c e n t e B l u f f t o p D r a i n a g e C o n t r o l 3, 9 7 0 7 6 , 0 3 0 CI P R e s e r v e Oc e a n f r o n t E s t a t e s B l u f f t o p D r a i n a g e C o n t r o l 22 , 0 0 0 CI P R e s e r v e Tr u m p B e a c h L i f e G u a r d S t a t i o n T e l e p h o n e S e r v i c e 6, 4 1 0 1 , 2 1 5 CI P R e s e r v e Mi s c P r o j e c t D e s i g n 15 , 0 0 0 1 0 , 0 0 0 1 0 , 0 0 0 1 0 , 0 0 0 1 0 , 0 0 0 1 0 , 0 0 0 CI P I n t e r e s t E a r n i n g s 4-48 CI T Y O F R A N C H O P A L O S V E R D E S - 2 0 1 3 F I V E - Y E A R F I NA N C I A L M O D E L EX H I B I T C - 1 CA P I T A L I M P R O V E M E N T P R O J E C T S F U N D E X P E N D I T U R E S CI P F U N D P R O J E C T S AC T U A L FY 1 0 - 1 1 AC T U A L FY 1 1 - 1 2 BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L F Y 1 4 - 15 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L F Y 1 7 - 18 FU N D I N G S O U R C E Bu i l d i n g s / F a c i l i t i e s AD A T r a n s i t i o n P l a n P r o j e c t s 50 , 0 0 0 3 2 5 , 0 0 0 2 5 0 , 0 0 0 5 0 , 0 0 0 EE T / C I P R e s e r v e He s s e P a r k D r o p C e i l i n g R e t r o f i t / R e p l a c e m e n t 30 , 5 1 7 Bu i l d i n g R e p l a c e m e n t F u n d Ci t y H a l l C o m m u n i t y R o o m D r o p C e i l i n g Re t r o f i t / R e p l a c e m e n t 8, 0 3 1 Ge n e r a l F u n d Ci t y H a l l C a b l i n g C o n d u i t 4, 0 0 8 CI P R e s e r v e He s s e P a r k / R y a n P a r k F i b e r O p t i c C a b l i n g 60 , 0 0 0 2 6 0 , 0 0 0 CI P R e s e r v e p Up g r a d e 17 5 , 0 0 0 CI P R e s e r v e p Pk / L a d e r a L i n d a 1, 6 0 0 , 0 0 0 CI P R e s e r v e La d e r a L i n d a C o m m u n i t y C e n t e r R e p l a c e m e n t 4, 0 0 0 , 0 0 0 CI P R e s e r v e RP V T V S t u d i o R e s t r o o m 38 , 0 0 0 CI P R e s e r v e Se w e r I n f r a s t r u c t u r e Pa l o s V e r d e s D r i v e E a s t S e w e r R e l o c a t i o n 96 , 5 5 0 1 1 3 , 9 8 2 CI P R e s e r v e Ba s s w o o d A v e n u e 11 4 , 0 0 0 CI P R e s e r v e W e s t G e n e r a l S t r e e t 12 2 , 0 0 0 CI P R e s e r v e Ab a l o n e C o v e 56 7 , 0 0 0 CI P R e s e r v e Ir o n w o o d S t r e e t 24 7 , 2 7 5 CI P R e s e r v e PV D S a t S c h o o n e r D r i v e 60 3 , 0 0 0 CI P R e s e r v e PV D S a t S e a C o v e D r i v e 19 9 , 0 0 0 CI P R e s e r v e Gi n g e r R o o t L a n e 20 3 , 0 0 0 CI P R e s e r v e Ma l a g a C a n y o n 40 7 , 0 0 0 CI P R e s e r v e Mi s c e l l a n e o u s P r o j e c t s 46 5 , 0 0 0 CI P R e s e r v e Ot h e r P r o j e c t s a n d A d m i n i s t r a t i o n In f r a s t r u c t u r e R e p o r t C a r d 49 , 5 0 0 Ge n e r a l F u n d FE M A R e i m b u r s e m e n t 59 , 2 2 1 3, 5 4 1 FE M A R e s e r v e Cr e n s h a w U t i l i t y U n d e r g r o u n d i n g 1, 2 0 0 , 0 0 0 Ru l e 2 0 A F u n d s Dr a i n a g e A r e a M o n i t o r i n g S y s t e m 20 0 , 0 0 0 3 0 0 , 0 0 0 CI P R e s e r v e St o r m W a t e r Q u a l i t y R e g i o n a l P r o j e c t 20 0 , 0 0 0 3 0 0 , 0 0 0 CI P R e s e r v e Ne w L a n d s l i d e D e w a t e r i n g W e l l s ( 2 ) 17 0 , 0 0 0 1 7 0 , 0 0 0 8 5 , 0 0 0 CI P R e s e r v e En g i n e e r i n g a n d G r a n t A d m i n i s t r a t i o n 7, 3 2 5 2 1 , 5 4 8 2 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 CI P I n t e r e s t E a r n i n g s To t a l C I P F u n d E x p e n d i t u r e s 2, 3 8 5 , 3 0 6 2 , 9 3 9 , 4 3 1 1 3 , 4 7 6 , 4 2 9 8 , 0 2 9 , 9 7 5 9 , 8 8 0 , 0 0 0 6 , 4 9 5 , 3 0 0 5 , 0 5 5 , 0 0 0 1 2 , 4 6 0 , 0 0 0 NO T E : T h e T o t a l E x p e n d i t u r e s a b o v e ag r e e t o T o t a l C I P f u n d e x p e n d i t u r e s on P a g e 8 o f t h e M o d e l . 4-49 C I T Y O F R A N C H O P A L O S V E R D E S - 2 0 1 3 F I V E - Y E A R F I N A N C I A L M O D E L EX H I B I T C - 2 CA P I T A L I M P R O V E M E N T P R O J E C T S ( C I P ) R E S E R V E R E C O N C I L I A T I O N A CT U A L FY 0 8 - 0 9 A CT U A L FY 0 9 - 1 0 A CT U A L FY 1 0 - 1 1 A CT U A L FY 1 1 - 1 2 BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 Be g i n n i n g B a l a n c e 0 7 , 2 0 7 , 1 8 0 7 , 0 8 1 , 5 9 6 1 1 , 6 4 9 , 7 8 0 1 5 , 4 0 6 , 9 4 0 6 , 8 2 2 , 2 6 9 6 , 9 5 5 , 3 9 4 4 , 5 6 3 , 4 9 4 6 , 9 1 6 , 4 9 4 9 , 2 8 2 , 6 9 4 Tr a n s f e r f r o m G e n e r a l F u n d ( E s t a b l i s h C I P R e s e r v e ) 3, 0 0 0 , 0 0 0 Tr a n s f e r f r o m G e n e r a l F u n d ( E q u a l t o T O T ) 85 , 2 4 5 1 , 9 5 4 , 5 0 7 2 , 6 4 0 , 3 6 8 3 , 3 4 9 , 0 1 5 3 , 6 1 1 , 0 7 4 3 , 6 7 9 , 7 0 0 3 , 7 5 7 , 0 0 0 3 , 8 3 5 , 9 0 0 3 , 9 2 0 , 3 0 0 4 , 0 1 0 , 5 0 0 Tr a n s f e r f r o m G e n e r a l F u n d ( O t h e r P r o j e c t s ) T i m i n g D i f f / S a v i n g 4, 0 7 7 , 5 7 4 ( 1 , 7 3 5 , 6 8 2 ) 2 , 0 1 7 , 6 3 6 5 5 4 , 0 6 1 ( 3 , 4 7 9 , 3 8 1 ) In t e r e s t E a r n i n g s 44 , 3 6 1 3 0 , 2 2 0 3 2 , 4 8 5 3 6 , 7 8 0 4 2 , 3 0 0 2 0 , 4 0 0 3 3 , 1 0 0 4 4 , 8 0 0 2 0 0 , 9 0 0 3 6 6 , 7 0 0 En g i n e e r i n g a n d G r a n t A d m i n i s t r a t i o n (7 , 3 2 5 ) ( 2 1 , 5 4 8 ) ( 2 0 , 0 0 0 ) ( 5 0 , 0 0 0 ) ( 5 0 , 0 0 0 ) ( 5 0 , 0 0 0 ) ( 5 0 , 0 0 0 ) ( 5 0 , 0 0 0 ) Mi s c P a r k P r o j e c t D e s i g n (1 5 , 0 0 0 ) ( 1 0 , 0 0 0 ) ( 1 0 , 0 0 0 ) ( 1 0 , 0 0 0 ) ( 1 0 , 0 0 0 ) ( 1 0 , 0 0 0 ) FE M A R e i m b u r s e m e n t (5 9 , 2 2 1 ) (3 , 5 4 1 ) Up p e r F i l i o r u m P u r c h a s e (3 7 4 , 6 2 9 ) Lo w e r H e s s e / G r a n d v i e w (5 5 , 7 5 9 ) ( 6 0 , 7 1 6 ) ( 3 6 , 0 0 0 ) Ea s t v i e w P l a y g r o u n d (5 9 , 3 5 5 ) ( 3 5 , 5 6 5 ) Ca l i f o r n i a C o a s t a l T r a i l (4 1 , 0 7 7 ) ( 1 8 , 9 2 3 ) Ga t e w a y P a r k D e v e l o p m e n t (4 0 , 0 0 0 ) Ry a n P a r k R e s t r o o m s (2 6 7 , 5 1 2 ) Ry a n P a r k P a r k i n g L o t D a m a g e (2 9 , 1 1 4 ) Sa n R a m o n C a n y o n S t a b i l i z a t i o n (8 , 2 9 3 , 0 0 9 ) Fu t u r e A r t e r i a l S t r e e t R e h a b P r o j e c t s (1 , 5 8 2 , 0 0 0 ) (1 , 2 3 0 , 0 0 0 ) ( 8 0 0 , 0 0 0 ) Pa v e m e n t M a n a g e m e n t P l a n U p d a t e (1 2 0 , 0 0 0 ) PV D E - H e a d l a n d S a f e t y I m p r o v e m e n t s (4 1 , 7 0 0 ) (1 2 , 7 0 0 ) PV D S - R e a l i g n E a s t E n d o f L a n d s l i d e (5 0 0 , 0 0 0 ) PV D S - L a n d s l i d e R o a d w a y R e a l i g n m e n t a n d D r a i n a g e (2 4 5 , 0 0 0 ) ( 3 , 5 1 0 , 0 0 0 ) PV D E - M u l t i - M o d a l I m p r o v e m e n t s (6 4 0 , 0 0 0 ) We s t e r n A v e - T r a f f i c I m p r o v e m e n t s (1 , 6 0 0 , 0 0 0 ) AD A T r a n s i t i o n P l a n P r o j e c t s (2 5 , 0 0 0 ) Ba s s w o o d A v e n u e S e w e r (1 1 4 , 0 0 0 ) We s t G e n e r a l S t r e e t S e w e r (1 2 2 , 0 0 0 ) Ab a l o n e C o v e (5 6 7 , 0 0 0 ) Ir o n w o o d S t r e e t (2 4 7 , 2 7 5 ) PV D S a t S c h o o n e r D r i v e (6 0 3 , 0 0 0 ) PV D S a t S e a C o v e D r i v e (1 9 9 , 0 0 0 ) Gi n g e r R o o t L a n e (2 0 3 , 0 0 0 ) Ma l a g a C a n y o n (4 0 7 , 0 0 0 ) Mi s c e l l a n e o u s P r o j e c t s (4 6 5 , 0 0 0 ) He s s e P a r k / R y a n P a r k F i b e r O p t i c C a b l i n g (6 0 , 0 0 0 ) ( 2 6 0 , 0 0 0 ) He s s e P a r k M u l t i - P u r p o s e R o o m A u d i o / V i s u a l U p g r a d e (1 7 5 , 0 0 0 ) RP V T V S t u d i o R e s t r o o m (3 8 , 0 0 0 ) Fi b e r O p t i c - A b C o v e S e w e r L i f t S t n s / S h o r e l i n e P k / L a d e r a L i n d a (1 , 6 0 0 , 0 0 0 ) La d e r a L i n d a C o m m u n i t y C e n t e r R e p l a c e m e n t (4 , 0 0 0 , 0 0 0 ) Dr a i n a g e A r e a M o n i t o r i n g S y s t e m (2 0 0 , 0 0 0 ) ( 3 0 0 , 0 0 0 ) St o r m W a t e r Q u a l i t y R e g i o n a l P r o j e c t (2 0 0 , 0 0 0 ) ( 3 0 0 , 0 0 0 ) St o r m D r a i n P r o g r a m S u b s i d y (6 1 0 , 0 0 0 ) Ne w L a n d s l i d e D e w a t e r i n g W e l l s ( 2 ) (1 7 0 , 0 0 0 ) ( 1 7 0 , 0 0 0 ) ( 8 5 , 0 0 0 ) En d i n g B a l a n c e 7, 2 0 7 , 1 8 0 7 , 0 8 1 , 5 9 6 1 1 , 6 4 9 , 7 8 0 1 5 , 4 0 6 , 9 4 0 6 , 8 2 2 , 2 6 9 6 , 9 5 5 , 3 9 4 4 , 5 6 3 , 4 9 4 6 , 9 1 6 , 4 9 4 9 , 2 8 2 , 6 9 4 4 , 9 8 9 , 8 9 4 4-50 WQ F P F U N D P R O J E C T S AC T U A L FY 1 0 - 1 1 A CT U A L FY 1 1 - 1 2 BU D G E T FY 1 2 - 1 3 PR O P O S E D FY 1 3 - 1 4 MO D E L FY 1 4 - 1 5 MO D E L FY 1 5 - 1 6 MO D E L FY 1 6 - 1 7 MO D E L FY 1 7 - 1 8 FU N D I N G S O U R C E Ba c k b o n e P r o j e c t s Lo w e r S a n R a m o n C a n y o n S t a b i l i z a t i o n 5 1 7 , 4 2 5 6 7 5 , 7 0 8 1 7 , 9 4 9 , 6 0 3 Us e r F e e s PV D E S a n P e d r o C a n y o n B a c k b o n e S y s t e m 14 , 5 6 0 5 5 5 , 4 4 0 Us e r F e e s Mi r a l e s t e C a t c h B a s i n P r o j e c t 63 , 5 2 1 Us e r F e e s Pi p e L i n i n g Ot h e r 12 , 4 7 4 1 4 7 , 6 7 5 1 , 3 2 3 , 6 6 5 3 2 9 , 8 8 1 3 3 5 , 2 7 8 34 0 , 8 3 6 3 4 7 , 6 5 3 3 5 0 , 0 0 0 U s e r F e e s Ca p a c i t y & S e c o n d a r y S y s t e m P r o j e c t s Vi a C o l i n i t a V i c k e r y C a n y o n 24 2 , 5 0 0 Us e r F e e s PV D E L o w e r S w i t c h b a c k s 48 5 , 0 0 0 Us e r F e e s PV D S ( E a s t o f B a r k e n t i n e ) 44 6 , 0 0 0 Us e r F e e s So u t h H a w t h o r n e / V i a F r a s c a t i 44 0 , 0 0 0 Us e r F e e s Pa i n t b r u s h C a n y o n D r a i n a g e S t u d y 60 , 0 0 0 Fi l t r a t i o n S y s t e m s Ca t c h B a s i n F i l t r a t i o n D e v i c e s 27 , 2 4 4 21 8 , 8 4 9 Us e r F e e s In s t a l l a t i o n o f F i l t r a t i o n D e v i c e s 73 , 0 0 0 Us e r F e e s Ot h e r P r o j e c t s Vi a C a n a d a S t o r m D r a i n R e h a b 17 , 5 3 3 7 1 , 8 0 1 Us e r F e e s Ma r g u e r i t e O p e n C h a n n e l 50 , 0 0 0 3 5 0 , 0 0 0 Us e r F e e s Mi s c e l l a n o u s R e p a i r s & M a i n t e n a n c e Dr a i n a g e M a s t e r P l a n P r o g r a m 22 , 2 1 1 72 7 , 7 8 9 3 0 , 0 0 0 3 0 , 0 0 0 3 0 , 0 0 0 30 , 0 0 0 3 0 , 0 0 0 U s e r F e e s St o r m D r a i n & F i l t r a t i o n M a i n t e n a n c e & R e p a i r 41 , 4 6 8 4 2 , 7 5 0 3 2 6 , 5 9 9 2 2 9 , 7 2 7 2 3 7 , 5 1 8 2 4 5 , 54 4 2 5 0 , 4 5 5 2 5 0 , 0 0 0 U s e r F e e s A dm i n i s t r a t i o n ( c o n t r a c t / s t a f f e n g i n e e r ) 1 4 5 , 5 3 3 14 8 , 0 5 9 1 4 8 , 6 1 8 1 5 1 , 3 0 0 1 6 1 , 7 9 2 1 6 6 , 6 4 6 17 1 , 6 4 5 1 7 5 , 0 0 0 U s e r F e e s Gr a n d T o t a l - W Q F P F u n d E x p e n d i t u r e s 7 8 3 , 8 8 8 1, 1 6 4 , 0 7 4 2 2 , 1 0 1 , 0 6 3 1 , 5 9 6 , 9 0 8 1, 2 0 4 , 5 8 8 7 8 3 , 0 2 6 7 9 9 , 7 5 3 8 0 5 , 0 0 0 CI T Y O F R A N C H O P A L O S V E R D E S 20 1 3 F I V E - Y E A R F I N A N C I A L M O D E L EX H I B I T D WA T E R Q U A L I T Y F L O O D P R O T E C T I O N ( S T O R M D R A I N ) E X P E N S E S 4-51