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RPVCCA_CC_SR_2014_06_03_05_Draft_2014_Five-Year_Financial_Model
CfTYOF MEMORANDUM TO: FROM: DATE: SUBJECT: REVIEWED: Project Manager: HONORABLE MAYOR & CITY COUNCIL MEMBiS DENNIS McLEAN, DIRECTOR OF FINANCE & INFORMATION TECHNOLOGY JUNE 3, 2014 DRAFT 2014 FIVE-YEAR FINANCIAL MODEL CAROLYNN PETRU, ACTING CITY MANAGER© Kathryn Downs, Deputy Director of Finance & Information Technology ~ U[) RECOMMENDATION 1. Receive and file the draft 2014 Five-Year Financial Model (2014 Model); and 2. Provide any direction to Staff regarding any assumptions contained within the 2014 Model. EXECUTIVE SUMMARY The 2014 Model is based on the draft FY14-15 budget and the draft 2014 Five-Year Capital Improvement Plan. The City Council will also review those draft documents on the June 3, 2014 agenda. Any changes made by the City Council will be incorporated into the final 2014 Model. The 2014 Model indicates that the General Fund Reserve may fall below the policy threshold level (50% of annual expenditures) in FY15-16. By year 5, the estimated General Fund Reserve may decrease to $9.7 million ($1.4 million below the City Council's policy level). The primary driver behind this trend is the updated cost estimates for residential street rehabilitation in reaction to the current bid market, and to provide for projects that address all associated improvements in a neighborhood (e.g. curb & gutter, sidewalks, etc.). To provide the proposed level of residential street rehabilitation, future budgets may need adjustments to remain balanced and preserve the General Fund Reserve. Restricted revenue, expenditure savings, and the accumulated Street Maintenance Fund 5-1 DRAFT 2014 FIVE-YEAR FINANCIAL MODEL June 3, 2014 Page 2of11 balance has been sufficient in recent years to provide for right-of-way maintenance. The General Fund has not made a subsidy to that program since FY09-10. However, it appears that beginning in FY15-16, the General Fund will need to resume annual subsidies. The estimated annual subsidy ranges from $432,000 to $462,000 in years 2 through 5 of the 2014 Model. Public Works Staff has proposed capital improvement projects for the next five years to be funded with a combination of restricted money and the Capital Improvement Projects (CIP) Reserve. The CIP Reserve is annually replenished with General Fund transfers equal to transient occupancy tax and prior year General Fund expenditure savings per City Council policy. After inclusion of the proposed projects, the estimated ending CIP Reserve in year 5 is $3.3 million. The City Council's Reserve Policy requires the CIP Reserve to be maintained with a minimum of $3 million for emergency projects. The draft 2014 Capital Improvement Plan includes a minimum cost estimate of $28.3 million for projects that remain unfunded. The storm drain user fee sunsets in FY15-16. With additional proposed storm drain expenditures and the loss of a dedicated revenue source, an estimated $3.1 million of subsidies may be needed over the next five years to maintain a minimum program of storm drain lining and maintenance. Unless the City's voters approve a renewal of the fee, the subsidy will come from the CIP Reserve (General Fund money). Storm drain projects with a total minimum cost estimate of $9.4 million (in 2005 dollars) remain unfunded, including the Altamira Canyon drainage project in the landslide area. Additionally, new high-priority storm drain projects may be identified once the ongoing update of the Master Plan of Drainage is completed during the next year. INTRODUCTION Overview The 2014 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 Mod~I. The 2014 Model includes all funds of the City and its component unit, the Rancho Palos Verdes Improvement Authority. 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 is scheduled to be completed by the City Council on June 17, 2014. 5-2 DRAFT 2014 FIVE-YEAR FINANCIAL MODEL June 3, 2014 Page 3of11 The current estimate of FY14-15 UUT revenue is $2.7 million (or approximately 10% of total General Fund revenue). Based upon the operating and capital needs of the City, including unfunded infrastructure 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. Golf Tax Legislative Review Municipal Code Section 3.40.140 requires a legislative review of GolfTaxeveryfouryears, to be completed prior to the adoption of the budget prepared for the corresponding 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 2013 and determined that the Golf Tax is necessary and that the current rate of 10% be maintained. The next legislative review is required during 2017. The current estimate of FY14-15 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 and CIP funding. Format of the 2014 Model The 2014 Model includes the presentation of: ~ Actual FY11-12 and FY12-13 revenue, expenditures and ending fund balances for all funds; ~ The final adjusted budget and the calculated budget variance for FY12-13 revenue, expenditures and ending fund balances for all funds; ~ The revised FY13-14 budget; and ~ The working draft of the FY14-15 budget as the first year of the 2014 Model (Economic Assumptions described below). The 2014 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 5-3 DRAFT 2014 FIVE-YEAR FINANCIAL MODEL June 3, 2014 Page 4of11 used for the purpose outlined by the restricting agency in accordance with the terms and conditions set by legislation and voter ballot measures. The 2014 Model includes several schedules organized as follows: Exhibit A Exhibit B Exhibit C Exhibit D One Page Summary-2014 Five-Year Financial Model 2014 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 oth~r unforeseen circumstances could affect the City's revenue stream and expenditures during any of the years presented in the 2014 Model. DISCUSSION The following assumptions have been made during preparation of the 2014 Model. Economic Assumptions 1. The 2014 Model is based upon the draft 2014 Capital Improvement Plan and the draft FY14-15 budget, with one-time expenditures removed for subsequent years. The increase of the Consumer Price Index (CPI) for urban consumers, as projected by the Congressional Budget Office, was applied to expenditures in each subsequent year of the 2014 Model. The draft FY14-15 budget includes employee compensation at current levels for all authorized positions, including the positions added by City Council on March 18, 2014 (increased to 61 full-time positions). About 29% of General Fund uses (expenditures and transfers to other funds) represents the cost of employee compensation. Any changes to employee compensation are subject to negotiation between the employee association and the City. Staff cannot predict the outcome of those negotiations. Therefore, although the 2014 Model assumes that employee compensation will continue to increase by CPI (the same assumption for all other expenditures of the City), the actual compensation level is uncertain and will not be determined until the negotiation process is complete. 2. Sales tax is generally expected to increase by the CPI for urban consumers, as projected by the Congressional Budget Office. 3. Based upon an analysis of property transfers between July 2013 and mid-March 2014, it appears that the City's assessed values will grow by 3.45% (1.45% for the properties transferred and 2.00% for all other properties). The City's property assessments have grown at an average rate of 2.9% over the last five years (from 5-4 DRAFT 2014 FIVE-YEAR FINANCIAL MODEL June 3, 2014 Page 5of11 FY08-09 through FY13-14). 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 2014 Model. 4. The Los Angeles County Sheriff's Department (Sheriff) has advised Staff to expect a 2.6% increase in contract rates for FY14-15. The Sheriff's contract is the single largest expenditure in the General Fund, and has grown by an average of 1.2% over the last five years. Staff has assumed a continued 2% average growth rate over the next five years. The Sheriff's contract requires a contribution to the Sheriff's liability trust fund equivalent to 4% of the contract cost. The Sheriff has advised Staff to expect the contribution to the liability trust fund to increase to 5% of the contract cost beginning January 1, 2015, to 6% on July 1, 2015, and finally normalizing at 5.5% on July 1, 2016. Staff expects the City will become a participating jurisdiction in the Los Angeles Regional Interoperable Communications System (LA-RICS). As such, the City may be required to pay a small annual administrative fee (currently estimated at about $4,500). In addition, the Sheriff may pass through its cost of participation to the City as early as FY14-15. The pass-thru cost is unknown at this time. The LA-RICS Board met on May 28, 2014 and agreed on a 180-day "opt-out" period for participating agencies, based on a funding plan that is expected to be released on or about June 2, 2014. As cost estimates are not currently available and may require analysis before the City can decide whether to participate in LA-RICS, no cost assumptions have been included in the draft FY14-15 budget and the 2014 Model. 5. Permit revenues comprised about 7.9% of FY12-13 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 2014 Model. Permit revenue is also based on the volume of development activity in the City, which has increased over the last year. Based upon the fact that the City is mostly built out and permit activity levels are unpredictable, Staff has not included any assumed increases or decreases in permit activity for the 2014 Model. 6. About 86% of the City's cash is invested with the state's Local Agency Investment Fund (LAIF), which is an actively managed portfolio. The LAIF investment earnings rate has hovered around 26 basis points during FY13-14. For the 2014 Model, Staff has assumed an investment earnings rate that is the 3-month U.S. Treasury Rate 5-5 DRAFT 2014 FIVE-YEAR FINANCIAL MODEL June 3, 2014 Page 6of11 as projected by the Congressional Budget Office. 7. UUT and franchise tax are dependent on outside factors 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 10 years, franchise tax has increased an average of 5.9% per year; and UUT has increased an average of 3.2% 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. 8. Transient Occupancy Tax (TOT) accounted for about 14.8% of the City's FY12-13 General Fund revenue. Per the City Council's Reserve Policy, amounts equivalent to' TOT are transferred to the 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 5 years, Staff has observed that the growth rate of TOT has been slowing. Staff has conservatively assumed that TOT will continue to grow by CPI for urban consumers, as projected by the Congressional Budget Office for the 2014 Model. Other Assumptions Specific to the 2014 Model 9. 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, with no net impact to the General Fund. 10. Pursuant to state redevelopment dissolution law, on January 31, 2012 the Rancho Palos Verdes Redevelopment Agency (RDA) was dissolved. The City elected to serve as the Successor Agency to the former RDA. The City's General Fund loaned money to the former RDA for landslide mitigation projects and administration. As of June 30, 2013, the outstanding loan balance (including accrued interest) was $12.1 million. The Successor Agency has completed the steps necessary for the City's loan to become a recognized obligation with small repayments beginning in FY14-15. Based upon the repayment formula outlined in state law, a maximum of $72,915 may be repaid during FY14-15. Staff has included this amount as repayment revenue in the General Fund for all five years of the 2014 Model; however actual repayments will be based upon the availability of redevelopment property tax revenue. Separately, as part of administering the Successor Agency and supporting the activities of the Oversight Board representing various taxing entities, the City receives reimbursement of administrative costs (staff time, legal fees, etc.). The annual reimbursement is currently estimated to be $100,000. Beginning in FY16- 5-6 DRAFT 2014 FIVE-YEAR FINANCIAL MODEL June 3, 2014 Page 7of11 17, individual oversight boards will be consolidated into a single county-wide oversight board. Staff has assumed that the administrative reimbursement will be reduced to $50,000 beginning in FY16-17, as City resources needed to support dissolution activities are expected to decrease upon cessation of the local Oversight Board. 11. 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. Dedicated restricted revenue (e.g. state-apportioned highway users' tax and locally levied street landscape assessments) is insufficient to fund right-of- way maintenance. The accumulated Street Maintenance fund balance is sufficient to provide for the revenue shortfall through FY14-15. However, beginning in FY15-16, the General Fund must subsidize the Street Maintenance Fund increasing from $432,000 to $462,000 by FY18-19. B. The Improvement Authority's Portuguese Bend Fund will continue to require an annual General Fund subsidy of about $40,000. There is no other source of revenue for maintenance activities in the Portuguese Bend portion of the landslide area. C. The Improvement Authority's Abalone Cove Fund will continue to require an annual General Fund subsidy of about $35,000. The interest earnings on the $1 million non-spendable fund balance required by the Horan Agreement is not 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. D. The Abalone Cove Sewer District will continue to require an annual General Fund subsidy of $50,700. Property assessments are not sufficient to maintain the unique system that provides for 110 developed parcels in an active landslide area. E. 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. FY14-15 is the 1 oth 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 $157,000 to $171,000 during the course of the 2014 Model. The City recently received a $1.9 million settlement from Southern 5-7 DRAFT 2014 FIVE-YEAR FINANCIAL MODEL June 3, 2014 Page 8of11 California Edison for the August 2009 Portuguese Bend Fire. This amount will be reduced by legal and other administrative expenses incurred by both the City and the Palos Verdes Peninsula Land Conservancy (PVPLC); and the balance will be deposited into the City's Habitat Restoration Fund, in accordance with the City's letter of intent dated July 20, 2011 addressed to the PVPLC. F. 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 non-spendable endowment are not sufficient to provide for the current level of maintenance, which necessitates an annual General Fund subsidy of about $46,000. 12. 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, including the City's computer network), 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 be maintained at a level equivalent to the estimated replacement cost of the capitalized equipment. 13. The City's employee pension plan includes 3 tiers of benefits based upon local pension reform and state pension reform, as follows: A. 1st Tier -those employed prior to September 23, 2011; B. 2nd Tier -those hired after January 1, 2013 who previously participated in a reciprocating California public employee pension system; and C. 3rd Tier -new hires who do not meet second-tier requirements. CalPERS has set the employer contribution rates for FY14-15. Based upon additional information from CalPERS, Staff has estimated employer contribution rates for years 2 through 5 of the 2014 Model. ·FY14-15 15.701% 8.005% 6.250%· •< FY15-16 16.700%• 8.600% 6.250% FY16-17 18.150% 10.000% 6.250% FY17-18 19.913% 10.938% 6.250% FY18-19 21.575% 11.975% 6.250% The 2013 employee turnover rate was 14%. For purposes of the 2014 Model, Staff has assumed that employee turnover will continue at the rate of 3 full-time positions per year (a turnover rate of about 5%); and that 2 positions will begin earning 2nd 5-8 DRAFT 2014 FIVE-YEAR FINANCIAL MODEL June 3, 2014 Page 9of11 Tier benefits, and 1 position will begin earning 3rd Tier benefits. Based on those assumptions, estimated full-time employee participation in each Tier has been calculated as follows. ~1~Jt~J1~:1w1~11~~i\~~11m1111Ji~:1m1;1t1£~11t.~11~1~;:\iliii!t:. FY14-15 42 13 6 61 FY15-16 39 15 7 61 FY16-17 36 17 8 61 FY17-18 33 19 9 61 FY18-19 30 21 10 61 Blending the employer contribution rates for each Tier with estimated employee participation results in the following composite rates used for the 2014 Model. FY14-15 13.304% FY15-16 13.779% 1 FY16-17 14.810% • FY17-18 15.793% -- FY18-19 16.696% Employers with less than 100 active employees, such as the City, were placed into a CalPERS risk pool in 2005. On May 22, 2014, the CalPERS Board approved changes to the existing risk pooling structure. The changes will impact the employer contribution rate beginning with FY15-16. In short, CalPERS will combine all risk pools into one pool for Miscellaneous employees, and one pool for Public Safety employees. Cal PERS Staff estimated the impact to member agencies' contribution rates using data from the June 30, 2012 Actuarial Valuation. The City's employer contribution rate would theoretically decrease from 15.701 % to an estimated 14.342%, resulting in a decrease of about $53,000 to the annual employer contribution. The actual impact to the City's employer contribution rate will be calculated with the June 30, 2013 Actuarial Valuation, which will set the rate for FY15-16. Staff expects to receive the June 30, 2013 Actuarial Valuation by November 2014. Until more information is received, Staff has not included any reductions to the contribution rates calculated above and included in the 2014 Model. 14. The 2014 Model indicates that Proposition A money accumulates over the next 5 years (transit expenditures are less than the restricted revenue received). The City has the ability to exchange unused Proposition A money for General Fund money. The current market rate appears to be about 75 cents on the dollar. If the City were to exchange $700,000 of Proposition A money at the end of year 5, perhaps about $525,000 of General Fund money would be received. Proposition A money could 5-9 DRAFT 2014 FIVE-YEAR FINANCIAL MODEL June 3, 2014 Page 10of11 also be used in the future to fund capital spending requests from Palos Verdes Peninsula Transit Authority (e.g. purchase new buses). Capital Spending Assumptions 15. 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 2014 Model. City Council approves projects one year at a time with the annual budget process, and has not yet approved the projects proposed for years 2 through 5 of the 2014 Model. A. As part of the draft 2014 Five-Year Capital Improvement Plan, Staff has recommended project expenditures totaling $26.9 million over four years (FY14-15 through FY17-18) 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. Exhibit C-2 of the 2014 Model reconciles the Cl P Reserve balance since its inception in FY08-09 through FY18-19, the last year of the 2014 Model. The schedule identifies specific projects and the amounts that are recommended for CIP Reserve funding. Each of these projects addresses a legal mandate, a safety concern, a matching contribution for a grant-funded project, or a City Council priority. B. The draft 2014 Five-Year Capital Improvement Plan contains quantified projects that were not included for recommended funding from the CIP Reserve. The estimated total costs of these projects starts at $28.3 million, and included projects that address safety issues and City Council priorities. 16. 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 is expected to provide for one additional year of storm drain lining (FY16-17) and two additional years of maintenance (FY16-17 and FY17-18). Unfunded CIP Projects include more than $14 million of known, quantified 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 unfunded 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, more projects will be identified and added to the list of unfunded projects in the City's Five-Year Capital Improvement Plan. On May 29, 2013, the City's Storm Drain Oversight Committee prepared its annual report that included the following statement: 5-10 DRAFT 2014 FIVE-YEAR FINANCIAL MODEL June 3, 2014 Page 11 of 11 "Taking note of the historic importance of the User Fee collections in funding critical WQFP projects, the Committee again recommends that planning begin now for reliable funding of the City's storm drain system beyond June 30, 2016, when the Storm Drain User Fee sunsets. The Committee recommends that such funding be strategically developed now while there is still time to plan rather than waiting for another crisis." Attachment: Draft 2014 Five-Year Financial Model 5-11 CI T Y O F R A N C H O P A L O S V E R D E S 20 1 4 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 4 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 5 6 / 3 0 / 2 0 1 6 6 / 3 0 / 2 0 1 7 6 / 3 0 / 2 0 1 8 6 / 3 0 / 2 0 1 9 Un r e s t r i c t e d GE N E R A L 11 , 6 2 6 , 0 1 4 26 , 5 4 8 , 2 3 1 20 8 , 0 0 0 (2 0 , 4 9 0 , 4 3 9 ) (7 , 5 8 4 , 5 0 6 ) 10 , 3 0 7 , 3 0 0 9, 8 6 3 , 3 5 5 9, 8 7 5 , 7 7 0 9, 6 6 4 , 9 5 5 9, 7 1 0 , 7 6 2 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 31 6 , 9 7 1 69 0 - - (2 2 4 , 0 0 0 ) 93 , 6 6 1 00 0 0 CI P 7, 8 8 9 , 6 9 1 55 8 , 4 8 3 9, 4 0 3 , 8 0 6 (9 , 3 3 5 , 0 0 0 ) (8 2 0 , 0 0 0 ) 7, 6 9 6 , 9 8 0 9 , 5 0 1 , 4 8 0 9 , 8 9 9 , 1 8 0 8 , 5 0 7 , 0 8 0 3 , 3 2 3 , 0 8 0 EQ U I P M E N T R E P L A C E M E N T 1, 9 1 4 , 7 2 0 89 4 , 5 0 0 - (1 , 0 1 3 , 5 8 5 ) - 1 , 7 9 5 , 6 3 5 1 , 6 9 5 , 1 3 5 1 , 6 1 7 , 5 3 5 1 , 5 4 5 , 0 3 5 1 , 4 6 6 , 8 3 5 BU I L D I N G R E P L A C E M E N T 94 3 , 4 0 5 2, 1 0 0 - - - 94 5 , 5 0 5 9 5 8 , 8 0 5 9 8 7 , 6 0 5 1 , 0 2 3 , 6 0 5 1 , 0 6 1 , 0 0 5 EM P L O Y E E B E N E F I T S 11 1 , 4 6 1 2, 1 3 1 , 9 9 0 - (2 , 1 3 1 , 7 5 0 ) - 11 1 , 7 0 1 1 1 3 , 2 7 1 1 1 6 , 6 7 1 1 2 0 , 9 3 1 1 2 5 , 3 4 1 Su b t o t a l 11 , 1 7 6 , 2 4 8 3, 5 8 7 , 7 6 3 9, 4 0 3 , 8 0 6 (1 2 , 4 8 0 , 3 3 5 ) (1 , 0 4 4 , 0 0 0 ) 10 , 6 4 3 , 4 8 2 12 , 2 6 8 , 6 9 1 12 , 6 2 0 , 9 9 1 11 , 1 9 6 , 6 5 1 5, 9 7 6 , 2 6 1 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 73 4 , 9 8 9 1, 1 2 5 , 2 6 2 1, 0 9 6 , 0 0 0 (2 , 3 8 7 , 7 7 9 ) - 56 8 , 4 7 2 6 7 6 , 2 4 3 6 7 3 , 0 3 3 6 4 2 , 5 0 3 5 7 8 , 2 5 3 19 7 2 A C T 65 , 4 5 2 25 8 , 1 4 0 - (7 8 , 3 0 0 ) (2 0 0 , 0 0 0 ) 45 , 2 9 2 2 9 , 2 3 2 1 7 , 0 1 2 8 , 0 3 2 2 , 2 2 2 EL P R A D O L I G H T I N G 19 , 9 5 0 1, 9 4 0 - (1 , 0 0 0 ) - 20 , 8 9 0 2 2 , 0 8 0 2 3 , 6 4 0 2 5 , 4 0 0 2 7 , 2 3 0 CD B G - 19 7 , 6 8 7 - (1 9 7 , 6 8 7 ) - 00 0 0 0 19 1 1 A C T 1, 6 0 7 , 5 0 6 52 8 , 5 0 0 - (4 4 9 , 1 0 0 ) (9 9 , 0 0 0 ) 1, 5 8 7 , 9 0 6 1 , 5 8 6 , 1 0 6 1 , 6 0 8 , 2 0 6 1 , 6 3 8 , 9 0 6 1 , 6 6 7 , 6 0 6 WA S T E R E D U C T I O N 36 5 , 7 7 9 22 2 , 8 0 0 - (1 7 7 , 6 5 0 ) (5 0 , 0 0 0 ) 36 0 , 9 2 9 3 6 0 , 0 0 9 3 6 4 , 5 0 9 3 7 1 , 2 0 9 3 7 7 , 7 5 9 AI R Q U A L I T Y M A N A G E M E N T 97 , 6 5 8 50 , 2 1 0 - (5 0 , 0 0 0 ) - 97 , 8 6 8 9 9 , 2 4 8 1 0 2 , 2 2 8 1 0 5 , 9 5 8 1 0 9 , 8 2 8 PR O P O S I T I O N C 36 3 , 2 6 1 61 2 , 4 7 9 - - (6 9 1 , 0 0 0 ) 28 4 , 7 4 0 21 1 , 2 4 0 1 4 1 , 9 8 0 7 3 , 6 6 0 5 , 0 5 0 PR O P O S I T I O N A 86 4 73 7 , 4 4 3 - (5 9 6 , 8 2 3 ) (4 8 , 0 0 0 ) 93 , 4 8 4 2 3 8 , 3 9 4 3 9 2 , 2 4 4 5 5 6 , 6 6 4 7 3 0 , 6 8 4 PU B L I C S A F E T Y G R A N T S 20 , 4 0 0 10 0 , 0 4 0 - - (1 0 0 , 0 0 0 ) 20 , 4 4 0 2 0 , 7 3 0 2 1 , 3 5 0 2 2 , 1 3 0 2 2 , 9 4 0 ME A S U R E R 68 5 , 8 6 6 46 0 , 2 7 3 - - (1 , 0 0 0 , 0 0 0 ) 14 6 , 1 3 9 6 1 6 , 5 9 9 1 1 3 , 5 9 9 5 7 , 5 4 9 1 1 , 2 4 9 HA B I T A T R E S T O R A T I O N 20 6 , 5 6 1 45 0 15 7 , 0 0 0 (1 5 9 , 6 8 9 ) - 20 4 , 3 2 2 2 0 4 , 1 9 2 2 0 6 , 8 2 2 2 1 0 , 9 7 2 2 1 5 , 1 7 2 SU B R E G I O N 1 M A I N T E N A N C E 78 4 , 0 0 1 1, 7 0 0 46 , 0 0 0 (6 7 , 5 0 0 ) - 76 4 , 2 0 1 7 5 3 , 0 0 1 7 5 3 , 2 0 1 7 5 7 , 6 0 1 7 6 1 , 5 0 1 ME A S U R E A 44 , 1 1 2 10 5 , 1 0 0 - - (1 0 5 , 0 0 0 ) 44 , 2 1 2 4 4 , 8 3 2 4 6 , 1 7 2 4 7 , 8 6 2 0 AB A L O N E C O V E S E W E R D I S T R I C T 35 , 0 8 6 55 , 1 6 0 50 , 7 0 0 (1 0 5 , 7 0 0 ) - 35 , 2 4 6 3 4 , 7 2 6 3 3 , 5 6 6 3 1 , 1 4 6 2 7 , 1 0 6 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 11 9 , 3 7 0 26 0 - - - 11 9 , 6 3 0 1 2 1 , 3 1 0 1 2 4 , 9 5 0 1 2 9 , 5 1 0 1 3 4 , 2 4 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 84 4 , 6 6 8 1, 8 5 0 - - - 84 6 , 5 1 8 5 8 , 4 1 8 6 0 , 1 6 8 6 2 , 3 6 8 6 4 , 6 4 8 QU I M B Y 7, 7 8 1 82 7 , 9 2 4 - - (8 3 5 , 0 0 0 ) 70 5 71 5 73 5 76 5 79 5 LO W - M O D I N C O M E H O U S I N G 12 , 4 1 1 - - - - 12 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 AF F O R D A B L E H O U S I N G I N L I E U 49 9 , 8 9 8 1, 0 9 0 - - - 50 0 , 9 8 8 5 0 8 , 0 3 8 5 2 3 , 2 7 8 5 4 2 , 3 7 8 5 6 2 , 1 7 8 EN V I R O N M E N T A L E X C I S E T A X 63 , 1 6 5 77 , 9 7 9 - - (1 0 0 , 0 0 0 ) 41 , 1 4 4 3 1 , 7 2 4 2 2 , 6 7 4 1 3 , 5 0 4 3 , 9 9 4 BI K E W A Y S - - - - - 00 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 27 1 , 4 1 6 1, 3 5 6 , 2 0 0 82 0 , 0 0 0 (2 , 3 0 4 , 9 9 6 ) - 14 2 , 6 2 0 1 6 3 , 1 0 9 6 7 , 6 3 5 4 0 , 1 3 5 1 1 , 6 3 5 IM P R O V A U T H - P O R T U G U E S E B E N D 29 2 , 7 3 2 64 0 40 , 0 0 0 (9 7 , 6 0 0 ) - 23 5 , 7 7 2 1 8 0 , 4 9 2 1 2 6 , 2 0 2 6 9 , 7 1 2 9 , 6 5 2 IM P R O V A U T H - A B A L O N E C O V E 59 , 9 0 8 2, 3 0 0 35 , 0 0 0 (7 0 , 3 0 0 ) - 26 , 9 0 8 5 , 5 0 8 2 , 5 0 8 5 , 2 0 8 7 , 3 0 8 Su b t o t a l 7, 2 0 2 , 8 3 4 6, 7 2 5 , 4 2 7 2, 2 4 4 , 7 0 0 (6 , 7 4 4 , 1 2 4 ) (3 , 2 2 8 , 0 0 0 ) 6, 2 0 0 , 8 3 7 5 , 9 7 8 , 3 5 7 5 , 4 3 8 , 1 2 3 5, 4 2 5 , 5 8 3 5, 3 4 3 , 4 6 1 GR A N D T O T A L 30 , 0 0 5 , 0 9 6 36 , 8 6 1 , 4 2 1 11 , 8 5 6 , 5 0 6 (3 9 , 7 1 4 , 8 9 8 ) (1 1 , 8 5 6 , 5 0 6 ) 27 , 1 5 1 , 6 1 9 2 8 , 1 1 0 , 4 0 3 2 7 , 9 3 4 , 8 8 4 2 6 , 2 8 7 , 1 8 9 2 1 , 0 3 0 , 4 8 4 FY 1 4 - 1 5 E s t i m a t e d R e s o u r c e s F Y 1 4 - 1 5 E s t i m a t e d A p p r o p r i a t i o n s 5-12 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 1. 9 % 2 . 1 % 2 . 2 % 2 . 4 % 2 . 4 % 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 . 2 % 2 . 4 % 2 . 4 % Sa l e s T a x ( % ) (d ) N/ A N / A N / A N / A N / A 1. 9 % 2 . 1 % 2 . 2 % 2 . 4 % 2 . 4 % Pr o p e r t y T a x e s ( % ) (e ) N/ A N / A N / A N / A N / A 3. 4 5 % 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 3. 0 % 2 . 0 % 2 . 0 % 2 . 0 % 2 . 0 % 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. 2 2 % 1 . 4 1 % 3 . 0 0 % 3 . 6 5 % 3 . 6 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 . 2 % 2 . 4 % 2 . 4 % 5-13 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 12 , 4 6 4 , 4 4 1 1 8 , 2 2 9 , 7 7 8 1 4 , 3 7 0 , 2 5 7 ( 3 , 8 5 9 , 5 2 1 ) 1 1 , 6 2 6 , 0 1 4 1 0 , 3 0 7 , 3 0 0 9 , 8 6 3 , 3 5 5 9 , 8 7 5 , 7 7 0 9 , 6 6 4 , 9 5 5 9 , 7 1 0 , 7 6 2 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 1, 0 6 5 , 4 8 3 5 1 2 , 7 5 3 1 , 0 0 3 , 1 3 1 4 9 0 , 3 7 8 3 1 6 , 9 7 1 9 3 , 6 6 10 0 0 0 (3 3 0 ) C I P F u n d 15 , 4 0 6 , 9 4 1 1 7 , 1 4 6 , 0 4 3 1 1 , 5 6 5 , 6 1 7 ( 5 , 5 8 0 , 4 2 6 ) 7 , 8 8 9 , 6 9 1 7 , 6 9 6 , 9 8 0 9 , 5 0 1 , 4 8 0 9 , 8 9 9 , 1 8 0 8 , 5 0 7 , 0 8 0 3 , 3 2 3 , 0 8 0 (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, 5 8 4 , 0 8 9 2 , 4 8 2 , 2 8 9 2 , 5 8 4 , 0 2 0 1 0 1 , 7 3 1 1 , 9 1 4 , 7 2 0 1 , 7 9 5 , 6 3 5 1 , 6 9 5 , 1 3 5 1 , 6 1 7 , 5 3 5 1 , 5 4 5 , 0 3 5 1 , 4 6 6 , 8 3 5 (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 94 3 , 0 0 7 9 4 1 , 6 2 8 9 4 0 , 6 0 5 ( 1 , 0 2 3 ) 9 4 3 , 4 0 5 9 4 5 , 5 0 5 9 5 8 , 8 0 5 9 8 7 , 6 0 5 1 , 0 2 3 , 6 0 5 1 , 0 6 1 , 0 0 5 (6 8 5 ) E m p l o y e e B e n e f i t s F u n d 90 , 7 4 3 3 0 , 0 8 3 1 1 1 , 3 7 1 8 1 , 2 8 8 1 1 1 , 4 6 1 1 1 1 , 7 0 1 1 1 3 , 2 7 1 1 1 6 , 6 7 1 1 2 0 , 9 3 1 1 2 5 , 3 4 1 SU B T O T A L 20 , 0 9 0 , 2 6 3 2 1 , 1 1 2 , 7 9 6 1 6 , 2 0 4 , 7 4 4 ( 4 , 9 0 8 , 0 5 2 ) 1 1 , 1 7 6 , 2 4 8 1 0 , 6 4 3 , 4 8 2 1 2 , 2 6 8 , 6 9 1 1 2 , 6 2 0 , 9 9 1 1 1 , 1 9 6 , 6 5 1 5 , 9 7 6 , 2 6 1 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 1, 0 5 6 , 8 9 6 1 , 2 1 9 , 1 3 7 9 1 4 , 4 7 3 ( 3 0 4 , 6 6 4 ) 7 3 4 , 9 8 9 5 6 8 , 4 7 2 6 7 6 , 2 4 3 6 7 3 , 0 3 3 6 4 2 , 5 0 3 5 7 8 , 2 5 3 (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 78 , 0 7 9 6 3 , 4 6 9 7 0 , 0 6 2 6 , 5 9 3 6 5 , 4 5 2 4 5 , 2 9 2 2 9 , 2 3 2 1 7 , 0 1 2 8 , 0 3 2 2 , 2 2 2 (2 0 9 ) E l P r a d o L i g h t i n g F u n d 16 , 7 7 4 1 7 , 7 5 4 1 9 , 0 0 0 1 , 2 4 6 1 9 , 9 5 0 2 0 , 8 9 0 2 2 , 0 8 0 2 3 , 6 4 0 2 5 , 4 0 0 2 7 , 2 3 0 (3 1 0 ) C D B G F u n d (4 2 , 4 4 7 ) 2 2 , 3 3 8 0 ( 2 2 , 3 3 8 ) 0 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 7 0 , 3 8 4 1 , 4 6 8 , 7 8 4 1 , 7 0 9 , 6 0 6 2 4 0 , 8 2 2 1 , 6 0 7 , 5 0 6 1 , 5 8 7 , 9 0 6 1 , 5 8 6 , 1 0 6 1 , 6 0 8 , 2 0 6 1 , 6 3 8 , 9 0 6 1 , 6 6 7 , 6 0 6 (2 1 3 ) W a s t e R e d u c t i o n F u n d 26 8 , 9 6 2 2 4 1 , 2 5 1 3 6 6 , 1 5 9 1 2 4 , 9 0 8 3 6 5 , 7 7 9 3 6 0 , 9 2 9 3 6 0 , 0 0 9 3 6 4 , 5 0 9 3 7 1 , 2 0 9 3 7 7 , 7 5 9 (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 10 1 , 1 8 7 9 1 , 6 7 7 1 5 2 , 2 9 8 6 0 , 6 2 1 9 7 , 6 5 8 9 7 , 8 6 8 9 9 , 2 4 8 1 0 2 , 2 2 8 1 0 5 , 9 5 8 1 0 9 , 8 2 8 (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, 3 4 1 , 8 1 1 3 3 , 8 9 4 1 , 5 9 2 , 3 6 3 1 , 5 5 8 , 4 6 9 3 6 3 , 2 6 1 2 8 4 , 7 4 0 2 1 1 , 2 4 0 1 4 1 , 9 8 0 7 3 , 6 6 0 5 , 0 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 17 0 , 4 2 1 2 3 3 , 9 1 1 3 1 0 , 9 9 1 7 7 , 0 8 0 8 6 4 9 3 , 4 8 4 2 3 8 , 3 9 4 3 9 2 , 2 4 4 5 5 6 , 6 6 4 7 3 0 , 6 8 4 (2 1 7 ) P u b l i c S a f e t y G r a n t s 20 , 1 8 8 5 8 8 2 0 , 4 0 0 1 9 , 8 1 2 2 0 , 4 0 0 2 0 , 4 4 0 2 0 , 7 3 0 2 1 , 3 5 0 2 2 , 1 3 0 2 2 , 9 4 0 (2 2 0 ) M e a s u r e R 39 1 , 9 2 6 1 9 2 , 4 3 6 8 0 5 , 6 4 9 6 1 3 , 2 1 3 6 8 5 , 8 6 6 1 4 6 , 1 3 9 6 1 6 , 5 9 9 1 1 3 , 5 9 9 5 7 , 5 4 9 1 1 , 2 4 9 (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 22 1 , 0 4 1 1 7 7 , 8 5 0 2 1 4 , 6 4 1 3 6 , 7 9 1 2 0 6 , 5 6 1 2 0 4 , 3 2 2 2 0 4 , 1 9 2 2 0 6 , 8 2 2 2 1 0 , 9 7 2 2 1 5 , 1 7 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 3 , 5 5 9 7 7 2 , 3 5 9 7 9 1 , 7 0 1 1 9 , 3 4 2 7 8 4 , 0 0 1 7 6 4 , 2 0 1 7 5 3 , 0 0 1 7 5 3 , 2 0 1 7 5 7 , 6 0 1 7 6 1 , 5 0 1 (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 (6 5 , 6 8 5 ) ( 6 5 , 5 1 5 ) ( 1 9 7 , 6 3 8 ) ( 1 3 2 , 1 2 3 ) 4 4 , 1 1 2 4 4 , 2 1 2 4 4 , 8 3 2 4 6 , 1 7 2 4 7 , 8 6 2 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 39 , 2 7 1 2 6 , 7 7 1 3 5 , 9 0 6 9 , 1 3 5 3 5 , 0 8 6 3 5 , 2 4 6 3 4 , 7 2 6 3 3 , 5 6 6 3 1 , 1 4 6 2 7 , 1 0 6 (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 15 8 , 4 8 0 1 3 9 , 2 7 0 1 3 8 , 8 9 0 ( 3 8 0 ) 1 1 9 , 3 7 0 1 1 9 , 6 3 0 1 2 1 , 3 1 0 1 2 4 , 9 5 0 1 2 9 , 5 1 0 1 3 4 , 2 4 0 (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 6 , 8 0 9 3 9 8 , 8 7 6 8 4 3 , 4 4 8 4 4 4 , 5 7 2 8 4 4 , 6 6 8 8 4 6 , 5 1 8 5 8 , 4 1 8 6 0 , 1 6 8 6 2 , 3 6 8 6 4 , 6 4 8 (3 3 4 ) Q u i m b y F u n d 32 29 , 4 2 1 4 2 1 2 9 , 5 0 5 2 9 , 0 8 4 7 , 7 8 1 7 0 5 7 1 5 7 3 5 7 6 5 7 9 5 (3 3 6 ) L o w - M o d e r a t e I n c o m e H o u s i n g F u n d 30 0 0 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 (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 50 1 , 1 8 9 5 0 1 , 8 3 9 5 0 2 , 1 8 8 3 4 9 4 9 9 , 8 9 8 5 0 0 , 9 8 8 5 0 8 , 0 3 8 5 2 3 , 2 7 8 5 4 2 , 3 7 8 5 6 2 , 1 7 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 4 , 5 2 5 3 0 4 , 4 9 5 4 4 8 , 8 5 1 1 4 4 , 3 5 6 6 3 , 1 6 5 4 1 , 1 4 4 3 1 , 7 2 4 2 2 , 6 7 4 1 3 , 5 0 4 3 , 9 9 4 (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 61 0 6 1 , 0 5 4 6 1 , 0 5 4 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, 5 3 1 , 6 1 5 1 7 , 0 5 1 , 4 1 2 9 , 7 2 7 , 2 4 6 ( 7 , 3 2 4 , 1 6 6 ) 2 7 1 , 4 1 6 1 4 2 , 6 2 0 1 6 3 , 1 0 9 6 7 , 6 3 5 4 0 , 1 3 5 1 1 , 6 3 5 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 9 , 7 2 4 2 9 8 , 4 2 4 3 6 6 , 0 1 2 6 7 , 5 8 8 2 9 2 , 7 3 2 2 3 5 , 7 7 2 1 8 0 , 4 9 2 1 2 6 , 2 0 2 6 9 , 7 1 2 9 , 6 5 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 20 2 , 8 1 4 9 8 , 8 1 4 1 0 8 , 5 4 3 9 , 7 2 9 5 9 , 9 0 8 2 6 , 9 0 8 5 , 5 0 8 2 , 5 0 8 5 , 2 0 8 7 , 3 0 8 SU B T O T A L 11 , 5 9 7 , 0 0 5 2 3 , 2 9 0 , 2 5 5 1 9 , 0 4 3 , 7 5 9 ( 4 , 2 4 6 , 4 9 6 ) 7 , 2 0 2 , 8 3 4 6 , 2 0 0 , 8 3 7 5 , 9 7 8 , 3 5 7 5 , 4 3 8 , 1 2 3 5 , 4 2 5 , 5 8 3 5 , 3 4 3 , 4 6 1 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 44 , 1 5 1 , 7 0 9 6 2 , 6 3 2 , 8 2 9 4 9 , 6 1 8 , 7 6 0 ( 1 3 , 0 1 4 , 0 6 9 ) 3 0 , 0 0 5 , 0 9 6 2 7 , 1 5 1 , 6 1 9 2 8 , 1 1 0 , 4 0 3 2 7 , 9 3 4 , 8 8 4 2 6 , 2 8 7 , 1 8 9 2 1 , 0 3 0 , 4 8 4 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 23 24 25 26 27 28 29 31 32 33 34 35 3622 5-14 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 ) 6, 0 7 5 , 6 2 3 6 , 2 5 4 , 8 0 0 6 , 3 0 0 , 1 1 0 4 5 , 3 1 0 6 , 6 3 0 , 0 0 0 6 , 8 6 3 , 1 0 0 7 , 1 0 3 , 3 0 0 7 , 3 5 1 , 9 0 0 7 , 6 0 9 , 2 0 0 7 , 8 7 5 , 5 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, 6 0 5 , 5 1 0 3 , 6 9 4 , 2 3 0 3 , 6 9 4 , 2 3 0 0 3 , 8 9 0 , 0 0 0 4 , 0 2 4 , 2 0 0 4 , 1 6 5 , 0 0 0 4 , 3 1 0 , 8 0 0 4 , 4 6 1 , 7 0 0 4 , 6 1 7 , 9 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 ) 54 1 , 7 1 7 4 5 3 , 9 0 8 4 5 3 , 9 0 8 0 5 3 4 , 0 0 0 5 4 4 , 3 0 0 5 5 5 , 7 0 0 5 6 7 , 7 0 0 0 0 Sa l e s a n d u s e t a x (d ) 1, 4 4 8 , 5 0 8 1 , 5 5 2 , 2 0 0 1 , 5 8 9 , 1 0 4 3 6 , 9 0 4 1 , 6 4 0 , 0 0 0 1 , 6 7 1 , 5 0 0 1 , 7 0 6 , 6 0 0 1 , 7 4 3 , 4 0 0 2 , 3 6 5 , 6 0 0 2 , 4 2 2 , 8 0 0 Pr o p e r t y t r a n s f e r t a x (e ) 27 2 , 8 0 2 2 8 5 , 0 0 0 3 7 1 , 3 7 3 8 6 , 3 7 3 4 1 6 , 0 0 0 4 1 6 , 9 0 0 4 2 2 , 8 0 0 4 3 5 , 5 0 0 4 5 1 , 4 0 0 4 6 7 , 9 0 0 Bu s i n e s s l i c e n s e t a x (c ) 70 0 , 1 5 6 7 1 8 , 0 0 0 7 3 7 , 4 8 1 1 9 , 4 8 1 7 1 5 , 0 0 0 7 2 8 , 7 0 0 7 4 4 , 0 0 0 7 6 0 , 1 0 0 7 7 8 , 0 0 0 7 9 6 , 8 0 0 Tr a n s i e n t o c c u p a n c y t a x (c ) 3, 3 4 9 , 0 1 5 3 , 6 1 1 , 0 7 4 3 , 7 9 0 , 3 5 9 1 7 9 , 2 8 5 3 , 9 4 8 , 7 0 0 4 , 0 2 4 , 5 0 0 4 , 1 0 9 , 0 0 0 4 , 1 9 7 , 7 0 0 4 , 2 9 6 , 6 0 0 4 , 4 0 0 , 5 0 0 Fr a n c h i s e t a x e s (i ) 1, 8 8 1 , 1 6 3 1 , 9 1 7 , 0 0 0 1 , 9 0 6 , 6 1 3 ( 1 0 , 3 8 7 ) 1 , 7 7 9 , 0 0 0 1 , 8 1 3 , 2 0 0 1 , 8 5 1 , 3 0 0 1 , 8 9 1 , 3 0 0 1 , 9 3 5 , 9 0 0 1 , 9 8 2 , 7 0 0 Ut i l i t y u s e r t a x (i ) 2, 3 3 3 , 4 4 0 2 , 3 8 5 , 0 0 0 2 , 4 8 0 , 9 6 6 9 5 , 9 6 6 2 , 6 1 0 , 0 0 0 2 , 6 6 0 , 1 0 0 2 , 7 1 6 , 0 0 0 2 , 7 7 4 , 6 0 0 2 , 8 4 0 , 0 0 0 2 , 9 0 8 , 7 0 0 Go l f t a x (c ) 39 8 , 2 2 6 4 0 9 , 0 0 0 3 8 3 , 0 1 5 ( 2 5 , 9 8 5 ) 4 0 4 , 0 0 0 4 1 1 , 8 0 0 4 2 0 , 4 0 0 4 2 9 , 5 0 0 4 3 9 , 6 0 0 4 5 0 , 2 0 0 SU B T O T A L T A X E S 20 , 6 0 6 , 1 6 0 2 1 , 2 8 0 , 2 1 2 2 1 , 7 0 7 , 1 5 9 4 2 6 , 9 4 7 2 2 , 5 6 6 , 7 0 0 2 3 , 1 5 8 , 3 0 0 2 3 , 7 9 4 , 1 0 0 2 4 , 4 6 2 , 5 0 0 2 5 , 1 7 8 , 0 0 0 2 5 , 9 2 3 , 0 0 0 An i m a l c o n t r o l f e e s (g ) 33 , 7 5 2 5 2 , 2 0 0 3 2 , 6 4 4 ( 1 9 , 5 5 6 ) 3 5 , 0 0 0 3 0 , 0 0 0 3 0 , 0 0 0 3 0 , 0 0 0 3 0 , 0 0 0 3 0 , 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 ) 63 , 6 5 0 6 6 , 7 0 0 8 0 , 3 9 8 1 3 , 6 9 8 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 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 0 7 , 4 4 5 1 , 3 6 3 , 6 0 0 1 , 5 1 8 , 4 9 0 1 5 4 , 8 9 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 1 , 3 1 7 , 5 0 0 Pl a n n i n g p e r m i t s (g ) 35 4 , 7 8 5 2 9 7 , 0 0 0 3 5 4 , 0 1 0 5 7 , 0 1 0 3 1 7 , 0 0 0 3 9 7 , 5 0 0 3 9 7 , 5 0 0 3 9 7 , 5 0 0 3 9 7 , 5 0 0 3 9 7 , 5 0 0 Fi l m p e r m i t s (g ) 45 , 5 7 5 4 5 , 0 0 0 4 1 , 3 1 3 ( 3 , 6 8 7 ) 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 ) 94 1 2 , 9 0 0 1 4 4 ( 2 , 7 5 6 ) 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, 8 0 6 , 1 4 8 1 , 8 2 7 , 4 0 0 2 , 0 2 6 , 9 9 9 1 9 9 , 5 9 9 1 , 7 8 6 , 9 0 0 1 , 8 6 2 , 4 0 0 1 , 8 6 2 , 4 0 0 1 , 8 6 2 , 4 0 0 1 , 8 6 2 , 4 0 0 1 , 8 6 2 , 4 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 ) 14 7 , 6 8 4 7 7 , 0 0 0 1 0 5 , 1 8 6 2 8 , 1 8 6 1 0 5 , 0 0 0 1 0 7 , 0 0 0 1 0 9 , 2 0 0 1 1 1 , 6 0 0 1 1 4 , 2 0 0 1 1 7 , 0 0 0 Fa l s e a l a r m f i n e s 7, 3 0 0 8 , 2 0 0 6 , 0 0 0 ( 2 , 2 0 0 ) 5 , 5 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 ) 4, 5 0 4 0 5 , 3 4 6 5 , 3 4 6 5 , 0 0 0 5 , 1 0 0 5 , 2 0 0 5 , 3 0 0 5 , 4 0 0 5 , 5 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 15 9 , 4 8 8 8 5 , 2 0 0 1 1 6 , 5 3 2 3 1 , 3 3 2 1 1 5 , 5 0 0 1 1 7 , 6 0 0 1 1 9 , 9 0 0 1 2 2 , 4 0 0 1 2 5 , 1 0 0 1 2 8 , 0 0 0 Pr o p e r t y & M o n o p o l e L e a s e s (c ) 15 1 , 8 3 7 1 3 7 , 0 0 0 1 6 9 , 3 5 4 3 2 , 3 5 4 1 5 1 , 5 0 0 1 5 4 , 4 0 0 1 5 7 , 6 0 0 1 6 1 , 0 0 0 1 6 4 , 8 0 0 1 6 8 , 8 0 0 Fa c i l i t y r e n t a l s - P V I C (c ) 20 9 , 0 4 9 1 7 0 , 0 0 0 1 9 4 , 4 0 6 2 4 , 4 0 6 2 2 3 , 0 0 0 2 2 7 , 3 0 0 2 3 2 , 1 0 0 2 3 7 , 1 0 0 2 4 2 , 7 0 0 2 4 8 , 6 0 0 Fa c i l i t y r e n t a l s - O t h e r (c ) 12 1 , 5 8 1 1 1 3 , 0 0 0 1 0 8 , 7 4 4 ( 4 , 2 5 6 ) 8 6 , 5 0 0 1 0 5 , 0 0 0 1 0 7 , 2 0 0 1 0 9 , 5 0 0 1 1 2 , 1 0 0 1 1 4 , 8 0 0 Pa r k i n g l o t f e e s 59 , 4 5 1 5 8 , 0 0 0 6 7 , 2 5 9 9 , 2 5 9 9 8 , 0 0 0 9 8 , 0 0 0 9 8 , 0 0 0 9 8 , 0 0 0 9 8 , 0 0 0 9 8 , 0 0 0 PV I C g i f t s h o p (c ) 98 , 4 4 9 1 0 0 , 0 0 0 1 0 0 , 8 0 6 8 0 6 1 3 4 , 0 0 0 1 3 6 , 6 0 0 1 3 9 , 5 0 0 1 4 2 , 5 0 0 1 4 5 , 9 0 0 1 4 9 , 4 0 0 In t e r e s t e a r n i n g s (h ) 46 , 4 2 1 6 0 , 0 0 0 4 1 , 9 4 5 ( 1 8 , 0 5 5 ) 5 3 , 7 9 0 2 6 , 6 1 0 1 5 2 , 5 4 0 3 1 2 , 1 0 0 3 8 0 , 1 7 0 3 7 2 , 4 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 68 6 , 7 8 8 6 3 8 , 0 0 0 6 8 2 , 5 1 4 4 4 , 5 1 4 7 4 6 , 7 9 0 7 4 7 , 9 1 0 8 8 6 , 9 4 0 1 , 0 6 0 , 2 0 0 1 , 1 4 3 , 6 7 0 1 , 1 5 2 , 0 8 0 En g i n e e r i n g f e e s (g ) 60 , 2 3 9 4 0 , 0 0 0 4 2 , 9 8 9 2 , 9 8 9 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 3 5 , 0 0 0 Re c r e a t i o n f e e s (c ) 11 , 9 0 9 9 , 6 0 0 1 8 , 2 5 4 8 , 6 5 4 1 8 , 7 0 0 1 8 , 7 0 0 1 9 , 1 0 0 1 9 , 5 0 0 2 0 , 0 0 0 2 0 , 5 0 0 Sa l e o f S i g n s / S e r v i c e s (g ) 5, 9 0 1 7 , 7 0 0 1 0 , 9 2 5 3 , 2 2 5 8 , 0 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 38 , 0 0 0 8 0 , 0 0 0 6 2 , 1 3 9 ( 1 7 , 8 6 1 ) 8 0 , 0 0 0 1 0 0 , 0 0 0 1 0 0 , 0 0 0 5 0 , 0 0 0 5 0 , 0 0 0 5 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 4 , 3 0 0 1 5 7 , 4 0 0 1 5 7 , 4 0 0 0 1 5 6 , 0 0 0 1 5 5 , 8 0 0 1 5 8 , 9 0 0 1 6 2 , 1 0 0 1 6 5 , 3 0 0 1 6 8 , 6 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 27 0 , 3 4 9 2 9 4 , 7 0 0 2 9 1 , 7 0 7 ( 2 , 9 9 3 ) 2 9 7 , 7 0 0 3 1 7 , 5 0 0 3 2 1 , 0 0 0 2 7 4 , 6 0 0 2 7 8 , 3 0 0 2 8 2 , 1 0 0 Gr a n t i n c o m e 6,3652 2 , 3 1 2 4 4 , 4 3 7 2 2 , 1 2 5 2 7 , 0 0 0 0 0 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 6 ,3 6 52 2 ,3 1 24 4 ,4 3 72 2 ,1 2 52 7 ,0 0 0 0 0 0 0 0 Do n at i on s (c ) 32 , 3 6 9 2 1 , 3 0 0 2 2 , 6 7 0 1 , 3 7 0 1 7 , 1 0 0 2 5 , 0 0 0 2 5 , 5 0 0 2 6 , 1 0 0 2 6 , 7 0 0 2 7 , 3 0 0 Re p a y m e n t o f C i t y L o a n t o f o r m e r R D A 0 0 0 0 0 7 2 , 9 1 5 7 2 , 9 1 5 7 2 , 9 1 5 7 2 , 9 1 5 7 2 , 9 1 5 Ot h e r m i s c e l l a n e o u s (c ) 10 3 , 1 9 0 6 2 , 7 4 0 6 3 9 , 9 3 4 5 7 7 , 1 9 4 1 5 , 0 0 0 2 4 6 , 6 0 6 1 5 , 6 0 0 1 5 , 9 0 0 1 6 , 3 0 0 1 6 , 7 0 0 SU B T O T A L O T H E R R E V E N U E S 13 5 , 5 5 9 8 4 , 0 4 0 6 6 2 , 6 0 4 5 7 8 , 5 6 4 3 2 , 1 0 0 3 4 4 , 5 2 1 1 1 4 , 0 1 5 1 1 4 , 9 1 5 1 1 5 , 9 1 5 1 1 6 , 9 1 5 TO T A L G E N E R A L F U N D R E V E N U E S 23 , 6 7 0 , 8 5 7 2 4 , 2 3 1 , 8 6 4 2 5 , 5 3 1 , 9 5 2 1 , 3 0 0 , 0 8 8 2 5 , 5 7 2 , 6 9 0 2 6 , 5 4 8 , 2 3 1 2 7 , 0 9 8 , 3 5 5 2 7 , 8 9 7 , 0 1 5 2 8 , 7 0 3 , 3 8 5 2 9 , 4 6 4 , 4 9 5 5-15 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 ) 13 3 , 6 9 8 1 4 3 , 5 0 0 1 3 7 , 8 0 2 5 , 6 9 8 1 4 9 , 1 0 0 1 5 2 , 0 0 0 1 5 5 , 2 0 0 1 5 8 , 5 0 0 1 6 2 , 2 0 0 1 6 6 , 1 0 0 Ci t y M a n a g e r (b ) 99 5 , 2 7 5 1 , 7 1 8 , 2 2 7 1 , 6 9 4 , 5 2 6 2 3 , 7 0 1 9 5 5 , 9 0 0 1 , 0 3 5 , 1 0 0 9 6 6 , 5 0 0 9 8 7 , 4 0 0 1 , 0 1 0 , 7 0 0 1 , 0 3 5 , 1 0 0 Le g a l S e r v i c e s (b ) 1, 0 5 7 , 1 0 2 1 , 0 4 5 , 0 0 0 9 9 2 , 3 2 4 5 2 , 6 7 6 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 , 9 0 0 1 , 1 1 5 , 6 0 0 1 , 1 4 2 , 6 0 0 Ci t y C l e r k (b ) 50 3 , 8 7 7 4 0 4 , 7 5 0 4 0 3 , 4 6 8 1 , 2 8 2 7 1 7 , 2 5 0 4 8 5 , 7 5 0 6 7 9 , 7 0 0 5 1 0 , 5 0 0 7 0 6 , 8 0 0 5 3 9 , 5 0 0 Co m m u n i t y O u t r e a c h (b ) 10 2 , 7 0 2 1 0 5 , 4 0 0 9 3 , 5 8 8 1 1 , 8 1 2 8 0 , 5 7 4 8 6 , 0 9 9 4 2 , 2 0 0 4 3 , 1 0 0 4 4 , 1 0 0 4 5 , 2 0 0 RP V T V (b ) 10 9 , 4 5 4 1 1 9 , 4 7 8 1 1 9 , 4 7 8 0 1 4 3 , 4 0 0 1 6 8 , 6 0 0 1 7 2 , 1 0 0 1 7 5 , 8 0 0 1 7 9 , 9 0 0 1 8 4 , 2 0 0 Ri s k M a n a g e m e n t (b ) 66 0 , 8 9 9 0 0 0 4 7 5 , 0 0 0 4 0 0 , 0 0 0 4 0 8 , 4 0 0 4 1 7 , 2 0 0 4 2 7 , 0 0 0 4 3 7 , 3 0 0 Pe r s o n n e l (b ) 29 4 , 2 9 8 2 7 7 , 0 0 5 2 1 6 , 0 3 5 6 0 , 9 7 0 3 1 9 , 0 5 0 4 3 8 , 2 5 0 3 5 3 , 5 0 0 3 6 1 , 1 0 0 3 6 9 , 6 0 0 3 7 8 , 5 0 0 Fi n a n c e (b ) 1, 3 4 1 , 9 7 2 1 , 2 9 0 , 0 0 0 1 , 2 8 4 , 6 5 1 5 , 3 4 9 1 , 4 1 9 , 7 0 0 1 , 4 1 7 , 0 0 0 1 , 4 4 6 , 8 0 0 1 , 4 7 8 , 0 0 0 1 , 5 1 2 , 8 0 0 1 , 5 4 9 , 4 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 ) 35 6 , 2 8 1 3 8 3 , 0 0 0 3 7 7 , 9 8 0 5 , 0 2 0 4 6 3 , 8 0 0 5 9 4 , 8 0 0 5 5 6 , 2 0 0 5 6 8 , 2 0 0 5 8 1 , 6 0 0 5 9 5 , 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 ) 69 , 2 1 8 8 8 , 4 0 0 8 0 , 8 3 4 7 , 5 6 6 9 9 , 3 0 0 9 6 , 0 0 0 9 8 , 0 0 0 1 0 0 , 1 0 0 1 0 2 , 5 0 0 1 0 5 , 0 0 0 SU B T O T A L A D M I N I S T R A T I O N 5, 6 2 4 , 7 7 6 5 , 5 7 4 , 7 6 0 5 , 4 0 0 , 6 8 6 1 7 4 , 0 7 4 5 , 8 6 8 , 0 7 4 5 , 9 1 8 , 5 9 9 5 , 9 4 5 , 5 0 0 5 , 8 8 9 , 8 0 0 6 , 2 1 2 , 8 0 0 6 , 1 7 8 , 6 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 5 7 , 0 5 1 4 , 1 7 4 , 0 0 0 4 , 1 5 4 , 0 3 9 1 9 , 9 6 1 4 , 2 5 4 , 2 0 0 4 , 3 0 6 , 9 0 0 4 , 4 5 6 , 1 0 0 4 , 5 2 3 , 8 0 0 4 , 6 1 4 , 3 0 0 4 , 7 0 6 , 6 0 0 Sp e c i a l S a f e t y P r o g r a m s (b ) 24 , 5 1 3 1 0 4 , 5 0 0 5 4 , 6 1 0 4 9 , 8 9 0 1 0 4 , 5 0 0 9 2 , 4 0 0 9 4 , 3 0 0 9 6 , 3 0 0 9 8 , 6 0 0 1 0 1 , 0 0 0 An i m a l C o n t r o l (b ) 55 , 8 6 2 8 8 , 2 5 0 4 9 , 2 0 4 3 9 , 0 4 6 8 8 , 0 0 0 8 5 , 0 0 0 8 6 , 8 0 0 8 8 , 7 0 0 9 0 , 8 0 0 9 3 , 0 0 0 Em e r g e n c y P r e p a r e d n e s s (b ) 14 0 , 5 0 0 2 0 1 , 9 0 2 8 9 , 9 2 0 1 1 1 , 9 8 2 2 3 6 , 1 0 0 2 6 9 , 9 0 0 2 7 5 , 6 0 0 2 8 1 , 5 0 0 2 8 8 , 1 0 0 2 9 5 , 1 0 0 SU B T O T A L P U B L I C S A F E T Y 4, 1 7 7 , 9 2 6 4 , 5 6 8 , 6 5 2 4 , 3 4 7 , 7 7 3 2 2 0 , 8 7 9 4 , 6 8 2 , 8 0 0 4 , 7 5 4 , 2 0 0 4 , 9 1 2 , 8 0 0 4 , 9 9 0 , 3 0 0 5 , 0 9 1 , 8 0 0 5 , 1 9 5 , 7 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, 9 7 4 , 6 3 4 1 , 9 6 0 , 4 2 5 1 , 9 4 0 , 4 7 0 1 9 , 9 5 5 2 , 0 7 6 , 0 0 0 2 , 2 3 2 , 2 5 0 2 , 3 5 4 , 8 0 0 2 , 4 0 5 , 6 0 0 2 , 6 0 9 , 6 0 0 2 , 6 7 2 , 7 0 0 Tr a f f i c M a n a g e m e n t (b ) 13 9 , 7 1 2 2 6 0 , 3 0 0 2 1 9 , 0 0 0 4 1 , 3 0 0 2 9 6 , 0 0 0 2 1 6 , 0 0 0 2 2 0 , 5 0 0 2 2 5 , 3 0 0 2 3 0 , 6 0 0 2 3 6 , 2 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 ) 92 , 9 4 5 1 8 0 , 8 0 0 1 1 0 , 2 0 1 7 0 , 5 9 9 4 0 5 , 5 0 0 4 9 6 , 0 0 0 5 0 6 , 4 0 0 5 1 7 , 3 0 0 5 2 9 , 5 0 0 5 4 2 , 3 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 ) 49 1 , 2 2 6 6 0 0 , 2 0 0 4 3 9 , 7 5 2 1 6 0 , 4 4 8 5 9 6 , 6 0 0 6 1 2 , 3 0 0 6 2 5 , 2 0 0 6 3 8 , 7 0 0 6 5 3 , 8 0 0 6 6 9 , 6 0 0 Pa r k s M a i n t e n a n c e (b ) 1, 0 1 2 , 0 6 0 1 , 2 8 4 , 0 0 0 1 , 0 0 5 , 2 8 7 2 7 8 , 7 1 3 1 , 3 5 1 , 1 3 0 1 , 3 6 1 , 1 0 0 1 , 3 0 8 , 0 0 0 1 , 3 3 6 , 2 0 0 1 , 3 6 7 , 7 0 0 1 , 4 0 0 , 8 0 0 Se w e r M a i n t e n a n c e (b ) 13 , 3 0 7 8 8 , 0 0 0 1 3 , 2 4 6 7 4 , 7 5 4 6 8 , 0 0 0 6 8 , 0 0 0 6 9 , 4 0 0 7 0 , 9 0 0 7 2 , 6 0 0 7 4 , 4 0 0 SU B T O T A L P U B L I C W O R K S 3, 7 2 3 , 8 8 4 4 , 3 7 3 , 7 2 5 3 , 7 2 7 , 9 5 6 6 4 5 , 7 6 9 4 , 7 9 3 , 2 3 0 4 , 9 8 5 , 6 5 0 5 , 0 8 4 , 3 0 0 5 , 1 9 4 , 0 0 0 5 , 4 6 3 , 8 0 0 5 , 5 9 6 , 0 0 0 Pl a n n i n g (b ) 1, 3 0 2 , 4 4 0 1 , 3 5 7 , 2 1 8 1 , 3 3 7 , 3 4 3 1 9 , 8 7 5 1 , 3 1 5 , 8 4 0 1 , 5 0 5 , 0 4 0 1 , 4 9 9 , 5 0 0 1 , 5 3 1 , 9 0 0 1 , 5 6 8 , 0 0 0 1 , 6 0 5 , 9 0 0 Bu i l d i n g & S a f e t y S e r v i c e s (b ) 57 4 , 6 1 3 5 8 1 , 5 3 7 5 4 0 , 9 3 3 4 0 , 6 0 4 6 7 0 , 7 0 0 7 4 9 , 1 0 0 7 6 4 , 8 0 0 7 8 1 , 3 0 0 7 9 9 , 7 0 0 8 1 9 , 0 0 0 Co d e E n f o r c e m e n t (b ) 18 7 , 2 3 7 2 1 3 , 3 0 0 1 9 8 , 3 6 3 1 4 , 9 3 7 2 1 4 , 9 0 0 2 1 8 , 7 0 0 2 2 3 , 3 0 0 2 2 8 , 1 0 0 2 3 3 , 5 0 0 2 3 9 , 1 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 4 , 5 2 0 3 6 8 , 3 0 0 3 6 6 , 3 5 1 1 , 9 4 9 3 8 1 , 3 0 0 3 8 8 , 7 0 0 3 9 6 , 9 0 0 4 0 5 , 5 0 0 4 1 5 , 1 0 0 4 2 5 , 1 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 ) 2,380 9 , 2 8 0 9 , 2 8 0 0 0 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 ) 88 , 7 0 8 1 5 0 , 0 0 0 1 3 5 , 4 4 1 1 4 , 5 5 9 1 5 0 , 0 0 0 1 5 0 , 0 0 0 1 5 3 , 1 0 0 1 5 6 , 4 0 0 1 6 0 , 1 0 0 1 6 4 , 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, 4 7 9 , 8 9 8 2 , 6 7 9 , 6 3 5 2 , 5 8 7 , 7 1 1 9 1 , 9 2 4 2 , 7 3 2 , 7 4 0 3 , 0 1 1 , 5 4 0 3 , 0 3 7 , 6 0 0 3 , 1 0 3 , 2 0 0 3 , 1 7 6 , 4 0 0 3 , 2 5 3 , 1 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 ) 55 5 , 6 6 4 5 8 8 , 1 7 5 5 2 9 , 1 5 5 5 9 , 0 2 0 6 6 3 , 6 5 0 6 6 5 , 6 5 0 7 2 1 , 6 0 0 7 3 7 , 2 0 0 7 5 4 , 6 0 0 7 7 2 , 8 0 0 Re c r e a t i o n F a c i l i t i e s (b ) 44 8 , 9 8 0 4 7 0 , 6 5 0 4 6 9 , 4 9 2 1 , 1 5 8 4 6 4 , 7 0 0 5 2 4 , 5 0 0 5 5 5 , 9 0 0 5 6 7 , 9 0 0 5 8 1 , 3 0 0 5 9 5 , 4 0 0 Sp e c i a l E v e n t s (b ) 45 , 0 2 5 1 2 1 , 0 0 1 1 0 9 , 6 7 5 1 1 , 3 2 6 8 8 , 3 5 0 9 3 , 2 5 0 9 5 , 2 0 0 9 7 , 3 0 0 9 9 , 6 0 0 1 0 2 , 0 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 ) 35 6 , 7 0 9 3 8 5 , 3 7 5 3 8 5 , 0 5 8 3 1 7 3 4 5 , 8 7 5 4 4 5 , 3 5 0 4 5 4 , 7 0 0 4 6 4 , 5 0 0 4 7 5 , 4 0 0 4 8 6 , 9 0 0 RE A C H (b ) 48 , 0 3 6 48 , 0 0 0 43 , 4 1 0 4, 5 9 0 3 9 , 1 0 0 4 2 , 2 0 0 4 3 , 1 0 0 4 4 , 0 0 0 4 5 , 0 0 0 4 6 , 1 0 0 Re c r e a t i o n S u p p o r t S e r v i c e s ( R e c e p t i o n & O t h e r ) (b ) 0 0 0 0 0 4 9 , 5 0 0 5 0 , 5 0 0 5 1 , 6 0 0 5 2 , 8 0 0 5 4 , 1 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, 4 5 4 , 4 1 4 1 , 6 1 3 , 2 0 1 1 , 5 3 6 , 7 9 0 7 6 , 4 1 1 1 , 6 0 1 , 6 7 5 1 , 8 2 0 , 4 5 0 1 , 9 2 1 , 0 0 0 1 , 9 6 2 , 5 0 0 2 , 0 0 8 , 7 0 0 2 , 0 5 7 , 3 0 0 NO N - D E P A R T M E N T A L 0 5 0 0 , 0 0 0 0 5 0 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 , 4 6 0 , 8 9 8 1 9 , 3 0 9 , 9 7 3 1 7 , 6 0 0 , 9 1 6 1 , 7 0 9 , 0 5 7 1 9 , 6 7 8 , 5 1 9 2 0 , 4 9 0 , 4 3 9 2 0 , 9 0 1 , 2 0 0 2 1 , 1 3 9 , 8 0 0 2 1 , 9 5 3 , 5 0 0 2 2 , 2 8 0 , 7 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 6, 2 0 9 , 9 5 9 4 , 9 2 1 , 8 9 1 7 , 9 3 1 , 0 3 6 3 , 0 0 9 , 1 4 4 5 , 8 9 4 , 1 7 1 6 , 0 5 7 , 7 9 2 6 , 1 9 7 , 1 5 5 6 , 7 5 7 , 2 1 5 6 , 7 4 9 , 8 8 5 7 , 1 8 3 , 7 9 5 5-16 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 10 0 , 0 0 0 1 0 0 , 0 0 0 8 2 , 0 0 0 ( 1 8 , 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 4 9 , 6 1 2 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 0 1 2 , 0 0 0 1 2 , 0 0 0 0 5 , 0 0 0 3 , 0 0 0 3 , 0 0 0 3 , 0 0 0 3 , 0 0 0 3 , 0 0 0 Fr o m E m p l o y e e B e n e f i t s 34 0 , 0 0 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 54 0 , 0 0 0 2 1 2 , 0 0 0 1 9 4 , 0 0 0 ( 1 8 , 0 0 0 ) 2 1 0 , 0 0 0 2 0 8 , 0 0 0 2 0 8 , 0 0 0 2 0 8 , 0 0 0 2 0 8 , 0 0 0 1 5 2 , 6 1 2 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 5, 4 7 2 , 2 7 2 6 , 4 5 1 , 6 6 8 6 , 5 5 0 , 2 5 6 ( 9 8 , 5 8 8 ) 8 , 0 9 4 , 7 2 5 7 , 2 5 5 , 8 0 6 6 , 0 8 2 , 4 0 0 6 , 1 7 1 , 1 0 0 6 , 3 7 0 , 0 0 0 6 , 4 7 3 , 9 0 0 To S t r e e t M a i n t e n a n c e F u n d (b ) 0 0 0 0 0 0 4 3 2 , 0 0 0 4 4 1 , 0 0 0 4 5 1 , 0 0 0 4 6 2 , 0 0 0 To C D B G 0 0 9 , 3 0 2 ( 9 , 3 0 2 ) 0 00 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 (b ) 60 , 0 0 0 1 0 6 , 0 0 0 1 0 6 , 0 0 0 0 7 0 , 0 0 0 4 0 , 0 0 0 4 1 , 0 0 0 4 2 , 0 0 0 4 3 , 0 0 0 4 4 , 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 (b ) 0 0 0 0 2 0 , 0 0 0 3 5 , 0 0 0 3 6 , 0 0 0 3 7 , 0 0 0 3 8 , 0 0 0 3 9 , 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 10 , 7 0 0 1 0 , 7 0 0 1 0 , 7 0 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 5 0 , 7 0 0 To H a b i t a t R e s t o r a t i o n (b ) 90 , 0 0 0 9 0 , 0 0 0 9 0 , 0 0 0 0 1 5 0 , 0 0 0 1 5 7 , 0 0 0 1 6 0 , 0 0 0 1 6 3 , 0 0 0 1 6 7 , 0 0 0 1 7 1 , 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 (b ) 60 , 0 0 0 6 5 , 0 0 0 6 5 , 0 0 0 0 6 1 , 0 0 0 4 6 , 0 0 0 4 7 , 0 0 0 4 8 , 0 0 0 4 9 , 0 0 0 5 0 , 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 5, 6 9 2 , 9 7 2 6 , 7 2 3 , 3 6 8 6 , 8 3 1 , 2 5 8 ( 1 0 7 , 8 9 0 ) 8 , 4 4 6 , 4 2 5 7 , 5 8 4 , 5 0 6 6 , 8 4 9 , 1 0 0 6 , 9 5 2 , 8 0 0 7 , 1 6 8 , 7 0 0 7 , 2 9 0 , 6 0 0 Ne t A c t i v i t y 1, 0 5 6 , 9 8 7 ( 1 , 5 8 9 , 4 7 7 ) 1 , 2 9 3 , 7 7 8 2 , 8 8 3 , 2 5 4 ( 2 , 3 4 2 , 2 5 4 ) ( 1 , 3 1 8 , 7 1 4 ) ( 4 4 3 , 9 4 5 ) 1 2 , 4 1 5 ( 2 1 0 , 8 1 5 ) 4 5 , 8 0 7 5-17 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 18 , 9 0 0 , 2 6 0 1 9 , 9 5 7 , 2 4 9 1 9 , 9 5 7 , 2 4 9 0 1 4 , 5 0 8 , 2 5 1 1 2 , 1 6 5 , 9 9 7 1 0 , 8 4 7 , 2 8 3 1 0 , 4 0 3 , 3 3 8 1 0 , 4 1 5 , 7 5 3 1 0 , 2 0 4 , 9 3 8 Pl u s : R e v e n u e s 23 , 6 7 0 , 8 5 7 2 4 , 2 3 1 , 8 6 4 2 5 , 5 3 1 , 9 5 2 1 , 3 0 0 , 0 8 8 2 5 , 5 7 2 , 6 9 0 2 6 , 5 4 8 , 2 3 1 2 7 , 0 9 8 , 3 5 5 2 7 , 8 9 7 , 0 1 5 2 8 , 7 0 3 , 3 8 5 2 9 , 4 6 4 , 4 9 5 Le s s : E x p e n d i t u r e s (1 7 , 4 6 0 , 8 9 8 ) ( 1 9 , 3 0 9 , 9 7 3 ) ( 1 7 , 6 0 0 , 9 1 6 ) 1 , 7 0 9 , 0 5 7 ( 1 9 , 6 7 8 , 5 1 9 ) ( 20 , 4 9 0 , 4 3 9 ) ( 2 0 , 9 0 1 , 2 0 0 ) ( 2 1 , 1 3 9 , 8 0 0 ) ( 2 1 , 9 5 3 , 5 0 0 ) ( 2 2 , 2 8 0 , 7 0 0 ) Pl u s : T r a n s f e r s I n 54 0 , 0 0 0 2 1 2 , 0 0 0 1 9 4 , 0 0 0 ( 1 8 , 0 0 0 ) 2 1 0 , 0 0 0 2 0 8 , 0 0 0 2 0 8 , 0 0 0 2 0 8 , 0 0 0 2 0 8 , 0 0 0 1 5 2 , 6 1 2 Le s s : T r a n s f e r s O u t (5 , 6 9 2 , 9 7 2 ) ( 6 , 7 2 3 , 3 6 8 ) ( 6 , 8 3 1 , 2 5 8 ) ( 1 0 7 , 8 9 0 ) ( 8 , 4 4 6 , 4 2 5 ) ( 7 , 5 8 4 , 5 0 6 ) ( 6 , 8 4 9 , 1 0 0 ) ( 6 , 9 5 2 , 8 0 0 ) ( 7 , 1 6 8 , 7 0 0 ) ( 7 , 2 9 0 , 6 0 0 ) Ex t r a o r d i n a r y I t e m 0 0 ( 6 , 7 4 2 , 7 7 6 ) ( 6 , 7 4 2 , 7 7 6 ) En d i n g F u n d B a l a n c e 19 , 9 5 7 , 2 4 9 1 8 , 3 6 7 , 7 7 2 1 4 , 5 0 8 , 2 5 1 ( 3 , 8 5 9 , 5 2 2 ) 1 2 , 1 6 5 , 9 9 7 1 0 , 8 4 7 , 2 8 3 1 0 , 4 0 3 , 3 3 8 1 0 , 4 1 5 , 7 5 3 1 0 , 2 0 4 , 9 3 8 1 0 , 2 5 0 , 7 4 5 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, 7 4 2 , 7 7 8 0 0 0 0 00 0 0 0 Co n t i n u i n g A p p r o p r i a t i o n s 0 0 0 0 4 0 1 , 9 8 9 4 0 1 , 9 8 9 4 0 1 , 9 8 9 4 0 1 , 9 8 9 4 0 1 , 9 8 9 4 0 1 , 9 8 9 In v e n t o r y & O t h e r 75 0 , 0 3 2 1 3 7 , 9 9 4 1 3 7 , 9 9 4 0 1 3 7 , 9 9 4 1 3 7 , 9 9 4 1 3 7 , 9 9 4 1 3 7 , 9 9 4 1 3 7 , 9 9 4 1 3 7 , 9 9 4 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 ) 12 , 4 6 4 , 4 4 1 1 8 , 2 2 9 , 7 7 8 1 4 , 3 7 0 , 2 5 7 ( 3 , 8 5 9 , 5 2 2 ) 1 1 , 6 2 6 , 0 1 4 1 0 , 3 0 7 , 3 0 0 9 , 8 6 3 , 3 5 5 9 , 8 7 5 , 7 7 0 9 , 6 6 4 , 9 5 5 9 , 7 1 0 , 7 6 2 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, 7 3 0 , 4 4 9 9 , 6 5 4 , 9 8 7 8 , 8 0 0 , 4 5 8 ( 8 5 4 , 5 2 9 ) 9 , 8 3 9 , 2 6 0 1 0 , 2 4 5 , 2 2 0 1 0 , 4 5 0 , 6 0 0 1 0 , 5 6 9 , 9 0 0 1 0 , 9 7 6 , 7 5 0 1 1 , 1 4 0 , 3 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 3, 7 3 3 , 9 9 2 8 , 5 7 4 , 7 9 2 5 , 5 6 9 , 7 9 9 ( 3 , 0 0 4 , 9 9 4 ) 1 , 7 8 6 , 7 5 5 6 2 , 0 8 1 ( 5 8 7 , 2 4 5 ) ( 6 9 4 , 1 3 0 ) ( 1 , 3 1 1 , 7 9 5 ) ( 1 , 4 2 9 , 5 8 8 ) 5-18 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 0 1 3 2 , 0 0 0 1 4 7 , 9 9 9 1 5 , 9 9 9 0 00 0 0 0 In t e r e s t e a r n i n g s (h ) 31 1 , 7 3 4 2 , 0 6 0 3 , 2 6 3 1 , 2 0 3 1 , 5 3 0 6 9 0 1 , 3 2 00 0 0 To t a l R e v e n u e 31 1 , 7 3 4 1 3 4 , 0 6 0 1 5 1 , 2 6 2 1 7 , 2 0 2 1 , 5 3 0 6 9 0 1 , 3 2 00 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 15,723 0 0 0 0 0 0 0 0 0 Op e r a t i o n s & m a i n t e n a n c e 4, 5 0 0 2 0 , 1 0 0 2 0 , 6 1 4 ( 5 1 4 ) 0 00 0 0 0 To t a l E x p e n d i t u r e s 20 , 2 2 3 2 0 , 1 0 0 2 0 , 6 1 4 ( 5 1 4 ) 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 29 1 , 5 1 1 1 1 3 , 9 6 0 1 3 0 , 6 4 8 1 6 , 6 8 8 1 , 5 3 0 6 9 0 1 , 3 2 00 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 ) 26 , 8 1 0 4 7 3 , 6 9 0 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 ) 11 6 , 0 0 0 1 9 3 , 0 0 0 1 9 3 , 0 0 0 0 2 1 4 , 0 0 0 2 2 4 , 0 0 0 9 4 , 9 8 10 0 0 To t a l T r a n s f e r s O u t 14 2 , 8 1 0 6 6 6 , 6 9 0 1 9 3 , 0 0 0 4 7 3 , 6 9 0 6 8 7 , 6 9 0 2 2 4 , 0 0 0 9 4 , 9 8 10 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 91 6 , 7 8 2 1 , 0 6 5 , 4 8 3 1 , 0 6 5 , 4 8 3 0 1 , 0 0 3 , 1 3 1 3 1 6 , 9 7 1 9 3 , 6 6 10 0 0 Pl u s : R e v e n u e s 31 1 , 7 3 4 1 3 4 , 0 6 0 1 5 1 , 2 6 2 1 7 , 2 0 2 1 , 5 3 0 6 9 0 1 , 3 2 00 0 0 Le s s : E x p e n d i t u r e s (2 0 , 2 2 3 ) ( 2 0 , 1 0 0 ) ( 2 0 , 6 1 4 ) ( 5 1 4 ) 0 00 0 0 0 Le s s : T r a n s f e r s O u t (1 4 2 , 8 1 0 ) ( 6 6 6 , 6 9 0 ) ( 1 9 3 , 0 0 0 ) 4 7 3 , 6 9 0 ( 6 8 7 , 6 9 0 ) ( 2 2 4 , 0 0 0 ) ( 9 4 , 9 8 1 ) 0 0 0 En d i n g F u n d B a l a n c e 1, 0 6 5 , 4 8 3 5 1 2 , 7 5 3 1 , 0 0 3 , 1 3 1 4 9 0 , 3 7 8 3 1 6 , 9 7 1 9 3 , 6 6 10 0 0 0 5-19 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 13 9 , 3 4 0 4 , 0 8 5 , 1 6 7 1 3 8 , 6 7 8 ( 3 , 9 4 6 , 4 8 9 ) 3 , 3 4 3 , 9 1 0 5 4 1 , 1 8 3 8 7 2 , 6 0 0 4 1 0 , 0 0 0 1 , 6 0 0 , 0 0 0 1 , 7 0 0 , 0 0 0 In t e r e s t e a r n i n g s (h ) 36 , 7 8 0 4 2 , 3 0 0 4 4 , 6 7 8 2 , 3 7 8 2 0 , 4 0 0 1 7 , 3 0 0 1 0 8 , 2 0 0 2 8 5 , 0 0 0 3 6 1 , 3 0 0 3 1 0 , 5 0 0 To t a l C I P F u n d R e v e n u e 17 6 , 1 2 0 4 , 1 2 7 , 4 6 7 1 8 3 , 3 5 6 ( 3 , 9 4 4 , 1 1 1 ) 3 , 3 6 4 , 3 1 0 5 5 8 , 4 8 3 9 8 0 , 8 0 0 6 9 5 , 0 0 0 1 , 9 6 1 , 3 0 0 2 , 0 1 0 , 5 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, 9 3 9 , 4 3 1 2 , 7 5 2 , 6 5 6 2 , 5 1 1 , 6 7 1 2 4 0 , 9 8 5 1 8 , 7 4 0 , 9 8 7 9 , 3 3 5 , 0 0 0 5 , 9 8 5 , 3 0 0 6 , 8 9 5 , 0 0 0 9 , 9 0 0 , 0 0 0 1 3 , 8 4 5 , 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 , 7 6 3 , 3 1 1 ) 1 , 3 7 4 , 8 1 1 ( 2 , 3 2 8 , 3 1 5 ) ( 3 , 7 0 3 , 1 2 6 ) ( 1 5 , 3 7 6 , 6 7 7 ) ( 8 , 7 7 6 , 5 1 7 ) ( 5 , 0 0 4 , 5 0 0 ) ( 6 , 2 0 0 , 0 0 0 ) ( 7 , 9 3 8 , 7 0 0 ) ( 1 1 , 8 3 4 , 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 5, 4 7 2 , 2 7 2 8 , 4 5 7 , 3 0 0 6 , 5 5 0 , 2 5 6 ( 1 , 9 0 7 , 0 4 4 ) 8 , 0 9 4 , 7 2 5 7 , 2 5 5 , 8 0 6 6 , 0 8 2 , 4 0 0 6 , 1 7 1 , 1 0 0 6 , 3 7 0 , 0 0 0 6 , 4 7 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 52,661 0 0 0 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 70,000 0 0 0 0 0 0 0 0 0 Fr o m M e a s u r e R f u n d 62 8 , 2 1 2 0 0 0 5 6 4 , 0 0 0 1 , 0 0 0 , 0 0 0 0 1 , 0 0 0 , 0 0 0 5 5 0 , 0 0 0 5 5 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 1 5 0 , 0 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 24 0 , 0 0 0 0 7 8 , 2 0 8 7 8 , 2 0 8 1 , 2 9 8 , 7 1 9 1 6 5 , 0 0 0 1 6 5 , 0 0 0 1 6 5 , 0 0 0 1 6 5 , 0 0 0 1 6 5 , 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 4 1 2 , 0 0 0 4 8 , 0 0 00 0 0 0 Fr o m B u i l d i n g R e p l a c e m e n t 30,517 0 0 0 0 0 0 0 0 0 Fr o m B i k e w a y s f u n d 0 0 1 , 5 3 6 1 , 5 3 6 9 5 , 2 5 7 0 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 5 0 , 0 0 0 8 3 5 , 0 0 00 0 0 0 Fr o m E E T f u n d 0 5 0 , 0 0 0 0 ( 5 0 , 0 0 0 ) 3 5 0 , 0 0 0 1 0 0 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 Fr o m 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 r u n d 0 0 0 0 0 0 8 0 0 , 0 0 00 0 0 Fr o m 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 0 0 0 0 3 6 2 , 3 6 0 00 0 0 0 Fr o m B e a u t i f i c a t i o n f u n d 26 , 8 1 0 0 0 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, 5 2 0 , 4 7 2 8 , 6 5 7 , 3 0 0 6 , 7 8 0 , 0 0 0 ( 1 , 8 7 7 , 3 0 0 ) 1 1 , 7 0 0 , 7 5 1 9 , 4 0 3 , 8 0 6 7 , 1 0 9 , 0 0 0 7 , 3 9 7 , 7 0 0 7 , 1 4 6 , 6 0 0 7 , 2 5 0 , 5 0 0 Tr a n s f e r s O u t - f u n d 5 0 1 0 8 , 2 9 3 , 0 0 9 8 , 2 9 3 , 0 0 9 0 0 8 2 0 , 0 0 0 3 0 0 , 0 0 0 8 0 0 , 0 0 0 6 0 0 , 0 0 0 6 0 0 , 0 0 0 To t a l T r a n s f e r s O u t 0 8 , 2 9 3 , 0 0 9 8 , 2 9 3 , 0 0 9 0 0 8 2 0 , 0 0 0 3 0 0 , 0 0 0 8 0 0 , 0 0 0 6 0 0 , 0 0 0 6 0 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 11 , 6 4 9 , 7 8 0 1 5 , 4 0 6 , 9 4 1 1 5 , 4 0 6 , 9 4 1 0 1 1 , 5 6 5 , 6 1 7 7 , 8 8 9 , 6 9 1 7 , 6 9 6 , 9 8 0 9 , 5 0 1 , 4 8 0 9 , 8 9 9 , 1 8 0 8 , 5 0 7 , 0 8 0 Pl u s : R e v e n u e s 17 6 , 1 2 0 4 , 1 2 7 , 4 6 7 1 8 3 , 3 5 6 ( 3 , 9 4 4 , 1 1 1 ) 3 , 3 6 4 , 3 1 0 5 5 8 , 4 8 3 9 8 0 , 8 0 0 6 9 5 , 0 0 0 1 , 9 6 1 , 3 0 0 2 , 0 1 0 , 5 0 0 Le s s : E x p e n d i t u r e s (2 , 9 3 9 , 4 3 1 ) ( 2 , 7 5 2 , 6 5 6 ) ( 2 , 5 1 1 , 6 7 1 ) 2 4 0 , 9 8 5 ( 1 8 , 7 4 0 , 9 8 7 ) ( 9 , 3 3 5 , 0 0 0 ) ( 5 , 9 8 5 , 3 0 0 ) ( 6 , 8 9 5 , 0 0 0 ) ( 9 , 9 0 0 , 0 0 0 ) ( 1 3 , 8 4 5 , 0 0 0 ) Pl u s : T r a n s f e r s I n 6, 5 2 0 , 4 7 2 8 , 6 5 7 , 3 0 0 6 , 7 8 0 , 0 0 0 ( 1 , 8 7 7 , 3 0 0 ) 1 1 , 7 0 0 , 7 5 1 9 , 4 0 3 , 8 0 6 7 , 1 0 9 , 0 0 0 7 , 3 9 7 , 7 0 0 7 , 1 4 6 , 6 0 0 7 , 2 5 0 , 5 0 0 Le s s : T r a n s f e r s O u t 0 ( 8 , 2 9 3 , 0 0 9 ) ( 8 , 2 9 3 , 0 0 9 ) 0 0 ( 8 2 0 , 0 0 0 ) ( 3 0 0 , 0 0 0 ) ( 8 0 0 , 0 0 0 ) ( 6 0 0 , 0 0 0 ) ( 6 0 0 , 0 0 0 ) Fu n d B a l a n c e 15 , 4 0 6 , 9 4 1 1 7 , 1 4 6 , 0 4 3 1 1 , 5 6 5 , 6 1 7 ( 5 , 5 8 0 , 4 2 6 ) 7 , 8 8 9 , 6 9 1 7 , 6 9 6 , 9 8 0 9 , 5 0 1 , 4 8 0 9 , 8 9 9 , 1 8 0 8 , 5 0 7 , 0 8 0 3 , 3 2 3 , 0 8 0 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 12 , 4 0 6 , 9 4 1 8 , 5 6 5 , 6 1 7 4 , 8 8 9 , 6 9 1 4 , 6 9 6 , 9 8 0 6 , 5 0 1 , 4 8 0 6 , 8 9 9 , 1 8 0 5 , 5 0 7 , 0 8 0 3 2 3 , 0 8 0 5-20 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 ) 48 0 , 0 0 0 5 6 8 , 6 0 0 5 6 8 , 6 0 4 4 7 3 1 , 3 0 0 8 9 0 , 3 0 0 9 0 9 , 0 0 0 9 2 8 , 6 0 0 9 5 0 , 5 0 0 9 7 3 , 5 0 0 In t e r e s t e a r n i n g s (h ) 8, 2 4 4 8 , 7 0 0 7 , 7 7 3 ( 9 2 7 ) 5 , 3 0 0 4 , 2 0 0 2 5 , 3 0 0 5 0 , 9 0 0 5 9 , 0 0 0 5 6 , 4 0 0 To t a l R e v e n u e 48 8 , 2 4 4 5 7 7 , 3 0 0 5 7 6 , 3 7 7 ( 9 2 3 ) 7 3 6 , 6 0 0 8 9 4 , 5 0 0 9 3 4 , 3 0 0 9 7 9 , 5 0 0 1 , 0 0 9 , 5 0 0 1 , 0 2 9 , 9 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 ) 67 , 1 2 0 9 7 , 0 0 0 4 2 , 4 8 7 5 4 , 5 1 3 8 1 , 9 1 0 7 2 , 2 0 0 7 3 , 7 0 0 7 5 , 3 0 0 7 7 , 1 0 0 7 9 , 0 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 ) 31 7 , 4 8 6 5 1 4 , 1 0 0 4 2 3 , 0 6 2 9 1 , 0 3 8 1 , 2 6 8 , 9 0 0 8 5 0 , 3 8 5 8 6 8 , 2 0 0 8 8 6 , 9 0 0 9 0 7 , 8 0 0 9 2 9 , 7 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 ) 11 9 , 4 2 7 1 2 8 , 0 0 0 1 1 2 , 2 4 4 1 5 , 7 5 6 1 1 0 , 0 0 0 9 1 , 0 0 0 9 2 , 9 0 0 9 4 , 9 0 0 9 7 , 1 0 0 9 9 , 4 0 0 To t a l E x p e n s e s 50 4 , 0 3 3 7 3 9 , 1 0 0 5 7 7 , 7 9 3 1 6 1 , 3 0 7 1 , 4 6 0 , 8 1 0 1 , 0 1 3 , 5 8 5 1 , 0 3 4 , 8 0 0 1 , 0 5 7 , 1 0 0 1 , 0 8 2 , 0 0 0 1 , 1 0 8 , 1 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 (1 5 , 7 8 9 ) ( 1 6 1 , 8 0 0 ) ( 1 , 4 1 6 ) 1 6 0 , 3 8 4 ( 7 2 4 , 2 1 0 ) ( 1 1 9 , 0 8 5 ) ( 1 0 0 , 5 0 0 ) ( 7 7 , 6 0 0 ) ( 7 2 , 5 0 0 ) ( 7 8 , 2 0 0 ) Tr a n s f e r s I n - A Q M D / f u n d 2 1 4 0 6 0 , 0 0 0 0 ( 6 0 , 0 0 0 ) 5 4 , 9 1 0 00 0 0 0 To t a l T r a n s f e r s I n 0 6 0 , 0 0 0 0 ( 6 0 , 0 0 0 ) 5 4 , 9 1 0 00 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, 6 0 1 , 0 3 0 2 , 5 8 4 , 0 8 9 2 , 5 8 4 , 0 8 9 0 2 , 5 8 4 , 0 2 0 1 , 9 1 4 , 7 2 0 1 , 7 9 5 , 6 3 5 1 , 6 9 5 , 1 3 5 1 , 6 1 7 , 5 3 5 1 , 5 4 5 , 0 3 5 Pl u s : R e v e n u e s 48 8 , 2 4 4 5 7 7 , 3 0 0 5 7 6 , 3 7 7 ( 9 2 3 ) 7 3 6 , 6 0 0 8 9 4 , 5 0 0 9 3 4 , 3 0 0 9 7 9 , 5 0 0 1 , 0 0 9 , 5 0 0 1 , 0 2 9 , 9 0 0 Le s s : E x p e n s e s (5 0 4 , 0 3 3 ) ( 7 3 9 , 1 0 0 ) ( 5 7 7 , 7 9 3 ) 1 6 1 , 3 0 7 ( 1 , 4 6 0 , 8 1 0 ) ( 1 , 0 1 3 , 5 8 5 ) ( 1 , 0 3 4 , 8 0 0 ) ( 1 , 0 5 7 , 1 0 0 ) ( 1 , 0 8 2 , 0 0 0 ) ( 1 , 1 0 8 , 1 0 0 ) Pl u s : T r a n s f e r s I n 0 6 0 , 0 0 0 0 ( 6 0 , 0 0 0 ) 5 4 , 9 1 0 00 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 (1 , 1 5 2 ) 0 1 , 3 4 7 1 , 3 4 7 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, 5 8 4 , 0 8 9 2 , 4 8 2 , 2 8 9 2 , 5 8 4 , 0 2 0 1 0 1 , 7 3 1 1 , 9 1 4 , 7 2 0 1 , 7 9 5 , 6 3 5 1 , 6 9 5 , 1 3 5 1 , 6 1 7 , 5 3 5 1 , 5 4 5 , 0 3 5 1 , 4 6 6 , 8 3 5 In v e s t e d I n C a p i t a l A s s e t s 25 4 , 8 5 0 2 5 3 , 5 0 3 To t a l N e t P o s i t i o n P e r F i n a n c i a l S t a t e m e n t s 2, 8 3 8 , 9 3 9 2 , 8 3 7 , 5 2 3 5-21 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 In t e r e s t e a r n i n g s (h ) 2, 9 5 6 4 , 1 0 0 2 , 6 0 9 ( 1 , 4 9 1 ) 2 , 8 0 0 2 , 1 0 0 1 3 , 3 0 0 2 8 , 8 0 0 3 6 , 0 0 0 3 7 , 4 0 0 To t a l R e v e n u e 2, 9 5 6 4 , 1 0 0 2 , 6 0 9 ( 1 , 4 9 1 ) 2 , 8 0 0 2 , 1 0 0 1 3 , 3 0 0 2 8 , 8 0 0 3 6 , 0 0 0 3 7 , 4 0 0 Ex p e n s e s Bu i l d i n g I m p r o v e m e n t s 20,754 5 , 4 7 9 5 , 0 1 1 4 6 8 0 0 0 0 0 0 To t a l E x p e n s e s 20,754 5 , 4 7 9 5 , 0 1 1 4 6 8 0 0 0 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 (1 7 , 7 9 8 ) ( 1 , 3 7 9 ) ( 2 , 4 0 2 ) ( 1 , 0 2 3 ) 2 , 8 0 0 2 , 1 0 0 1 3 , 3 0 0 2 8 , 8 0 0 3 6 , 0 0 0 3 7 , 4 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 30,517 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 30,517 0 0 0 0 0 0 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 99 1 , 3 2 2 9 4 3 , 0 0 7 9 4 3 , 0 0 7 0 9 4 0 , 6 0 5 9 4 3 , 4 0 5 9 4 5 , 5 0 5 9 5 8 , 8 0 5 9 8 7 , 6 0 5 1 , 0 2 3 , 6 0 5 Pl u s : R e v e n u e s 2, 9 5 6 4 , 1 0 0 2 , 6 0 9 ( 1 , 4 9 1 ) 2 , 8 0 0 2 , 1 0 0 1 3 , 3 0 0 2 8 , 8 0 0 3 6 , 0 0 0 3 7 , 4 0 0 Le s s : E x p e n s e s (2 0 , 7 5 4 ) ( 5 , 4 7 9 ) ( 5 , 0 1 1 ) 4 6 8 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 (3 0 , 5 1 7 ) 0 0 0 0 00 0 0 0 En d i n g N e t P o s i t i o n 94 3 , 0 0 7 9 4 1 , 6 2 8 9 4 0 , 6 0 5 ( 1 , 0 2 3 ) 9 4 3 , 4 0 5 9 4 5 , 5 0 5 9 5 8 , 8 0 5 9 8 7 , 6 0 5 1 , 0 2 3 , 6 0 5 1 , 0 6 1 , 0 0 5 5-22 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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, 8 2 1 , 5 0 0 1 , 8 9 6 , 3 0 0 1 , 8 6 7 , 5 7 5 ( 2 8 , 7 2 5 ) 1 , 9 9 3 , 4 2 5 2 , 1 3 1 , 7 5 0 2 , 2 5 1 , 6 1 6 2 , 3 6 7 , 7 8 7 2 , 4 8 9 , 4 4 3 2 , 6 1 1 , 4 2 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 ) 28 , 8 3 7 2 4 0 5 7 3 3 3 3 9 0 2 4 0 1 , 5 7 0 3 , 4 0 0 4 , 2 6 0 4 , 4 1 0 To t a l R e v e n u e 1, 8 5 0 , 3 3 7 1 , 8 9 6 , 5 4 0 1 , 8 6 8 , 1 4 8 ( 2 8 , 3 9 2 ) 1 , 9 9 3 , 5 1 5 2 , 1 3 1 , 9 9 0 2 , 2 5 3 , 1 8 6 2 , 3 7 1 , 1 8 7 2 , 4 9 3 , 7 0 3 2 , 6 1 5 , 8 3 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 ) + 73 5 , 3 6 6 7 7 4 , 8 0 0 7 1 2 , 4 8 8 6 2 , 3 1 2 7 9 7 , 4 0 0 8 1 0 , 0 0 0 8 8 7 , 2 1 6 9 7 4 , 1 8 7 1 , 0 6 3 , 3 4 3 1 , 1 5 1 , 3 2 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 ) 75 , 5 6 7 7 8 , 1 0 0 7 3 , 0 8 3 5 , 0 1 7 8 0 , 6 0 0 8 6 , 9 0 0 8 8 , 7 0 0 9 0 , 6 0 0 9 2 , 7 0 0 9 4 , 9 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 ) 74 9 , 8 9 9 8 4 0 , 5 0 0 7 7 0 , 4 9 7 7 0 , 0 0 3 8 8 8 , 1 0 0 9 8 2 , 8 0 0 1 , 0 0 3 , 4 0 0 1 , 0 2 5 , 1 0 0 1 , 0 4 9 , 3 0 0 1 , 0 7 4 , 7 0 0 FI C A / M e d i c a r e (b ) 87 , 7 3 3 9 2 , 1 0 0 7 1 , 7 8 5 2 0 , 3 1 5 9 0 , 6 2 5 9 8 , 7 5 0 1 0 0 , 8 0 0 1 0 3 , 0 0 0 1 0 5 , 4 0 0 1 0 7 , 9 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 12 1 , 7 0 7 6 0 , 9 0 0 8 7 , 5 5 0 ( 2 6 , 6 5 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 ) 50 0 8 0 0 5 0 0 3 0 0 8 0 0 8 0 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 15 , 0 0 0 1 5 , 0 0 0 1 5 , 0 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 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 ) 84 , 1 7 3 9 5 , 0 0 0 1 1 6 , 6 1 7 ( 2 1 , 6 1 7 ) 1 2 0 , 9 0 0 1 5 2 , 5 0 0 1 5 5 , 7 0 0 1 5 9 , 1 0 0 1 6 2 , 9 0 0 1 6 6 , 8 0 0 To t a l E x p e n s e s 1, 8 6 9 , 9 4 5 1 , 9 5 7 , 2 0 0 1 , 8 4 7 , 5 2 0 1 0 9 , 6 8 0 1 , 9 9 3 , 4 2 5 2 , 1 3 1 , 7 5 0 2 , 2 5 1 , 6 1 6 2 , 3 6 7 , 7 8 7 2 , 4 8 9 , 4 4 3 2 , 6 1 1 , 4 2 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 (1 9 , 6 0 8 ) ( 6 0 , 6 6 0 ) 2 0 , 6 2 8 8 1 , 2 8 8 9 0 2 4 0 1 , 5 7 0 3 , 4 0 0 4 , 2 6 0 4 , 4 1 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 34 0 , 0 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 34 0 , 0 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 45 0 , 3 5 1 9 0 , 7 4 3 9 0 , 7 4 3 0 1 1 1 , 3 7 1 1 1 1 , 4 6 1 1 1 1 , 7 0 1 1 1 3 , 2 7 1 1 1 6 , 6 7 1 1 2 0 , 9 3 1 Pl u s : R e v e n u e s 1, 8 5 0 , 3 3 7 1 , 8 9 6 , 5 4 0 1 , 8 6 8 , 1 4 8 ( 2 8 , 3 9 2 ) 1 , 9 9 3 , 5 1 5 2 , 1 3 1 , 9 9 0 2 , 2 5 3 , 1 8 6 2 , 3 7 1 , 1 8 7 2 , 4 9 3 , 7 0 3 2 , 6 1 5 , 8 3 3 Le s s : E x p e n s e s (1 , 8 6 9 , 9 4 5 ) ( 1 , 9 5 7 , 2 0 0 ) ( 1 , 8 4 7 , 5 2 0 ) 1 0 9 , 6 8 0 ( 1 , 9 9 3 , 4 2 5 ) ( 2 , 1 3 1 , 7 5 0 ) ( 2 , 2 5 1 , 6 1 6 ) ( 2 , 3 6 7 , 7 8 7 ) ( 2 , 4 8 9 , 4 4 3 ) ( 2 , 6 1 1 , 4 2 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 (3 4 0 , 0 0 0 ) 0 0 0 0 00 0 0 0 En d i n g N e t P o s i t i o n 90 , 7 4 3 3 0 , 0 8 3 1 1 1 , 3 7 1 8 1 , 2 8 8 1 1 1 , 4 6 1 1 1 1 , 7 0 1 1 1 3 , 2 7 1 1 1 6 , 6 7 1 1 2 0 , 9 3 1 1 2 5 , 3 4 1 5-23 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 62 1 , 3 3 7 6 6 4 , 0 0 0 6 3 8 , 4 7 1 ( 2 5 , 5 2 9 ) 6 4 1 , 8 9 3 6 3 9 , 5 5 4 6 4 0 , 0 0 0 6 4 0 , 0 0 0 6 4 0 , 0 0 0 6 4 0 , 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 ) 58 5 , 2 8 9 4 7 2 , 4 0 0 3 4 1 , 9 4 4 ( 1 3 0 , 4 5 6 ) 5 8 6 , 5 7 2 4 5 4 , 9 9 8 4 5 5 , 0 0 0 4 5 5 , 0 0 0 4 5 5 , 0 0 0 4 5 5 , 0 0 0 Si d e w a l k r e p a i r (a ) 2, 5 0 0 1 4 , 0 0 0 2 , 0 0 0 ( 1 2 , 0 0 0 ) 4 , 0 0 0 4 , 1 0 0 4 , 2 0 0 4 , 3 0 0 4 , 4 0 0 4 , 5 0 0 Mi s c e l l a n e o u s r e v e n u e s (a ) 13 , 8 6 0 1 4 , 0 0 0 3 2 , 7 2 4 1 8 , 7 2 4 2 0 , 0 0 0 2 5 , 0 0 0 2 5 , 5 0 0 2 6 , 0 0 0 2 6 , 5 0 0 2 7 , 0 0 0 In t e r e s t e a r n i n g s (h ) 2, 4 0 2 3 , 1 6 0 2 , 4 7 1 ( 6 8 9 ) 2 , 7 3 0 1 , 6 1 0 7 , 9 9 0 2 0 , 2 9 0 2 4 , 5 7 0 2 3 , 4 5 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, 2 2 5 , 3 8 8 1 , 1 6 7 , 5 6 0 1 , 0 1 7 , 6 1 0 ( 1 4 9 , 9 5 0 ) 1 , 2 5 5 , 1 9 5 1 , 1 2 5 , 2 6 2 1 , 1 3 2 , 6 9 0 1 , 1 4 5 , 5 9 0 1 , 1 5 0 , 4 7 0 1 , 1 4 9 , 9 5 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 ) 52 5 , 7 2 5 5 2 6 , 4 0 0 4 5 8 , 3 8 3 6 8 , 0 1 7 5 6 7 , 4 0 0 5 7 4 , 5 0 0 5 8 6 , 6 0 0 5 9 9 , 3 0 0 6 1 3 , 4 0 0 6 2 8 , 2 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 6 , 5 7 2 1 , 4 9 1 , 9 1 9 1 , 3 2 1 , 2 3 6 1 7 0 , 6 8 3 1 , 7 5 0 , 2 7 9 1 , 7 0 4 , 2 7 9 1 , 7 4 0 , 1 0 0 1 , 7 7 7 , 7 0 0 1 , 8 1 9 , 6 0 0 1 , 8 6 3 , 6 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 ) 73 , 7 6 7 1 1 3 , 0 0 0 7 9 , 8 5 4 3 3 , 1 4 6 1 9 9 , 0 0 0 1 0 9 , 0 0 0 1 1 1 , 3 0 0 1 1 3 , 7 0 0 1 1 6 , 4 0 0 1 1 9 , 2 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 7 6 , 0 6 4 2 , 1 3 1 , 3 1 9 1 , 8 5 9 , 4 7 3 2 7 1 , 8 4 6 2 , 5 1 6 , 6 7 9 2 , 3 8 7 , 7 7 9 2 , 4 3 8 , 0 0 0 2 , 4 9 0 , 7 0 0 2 , 5 4 9 , 4 0 0 2 , 6 1 1 , 0 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 5 0 , 6 7 6 ) ( 9 6 3 , 7 5 9 ) ( 8 4 1 , 8 6 3 ) 1 2 1 , 8 9 6 ( 1 , 2 6 1 , 4 8 4 ) ( 1 , 2 6 2 , 5 1 7 ) ( 1 , 3 0 5 , 3 1 0 ) ( 1 , 3 4 5 , 1 1 0 ) ( 1 , 3 9 8 , 9 3 0 ) ( 1 , 4 6 1 , 0 5 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 ) 51 6 , 4 0 0 4 9 0 , 0 0 0 2 2 7 , 6 5 8 ( 2 6 2 , 3 4 2 ) 5 2 2 , 0 0 0 5 2 6 , 0 0 0 5 3 7 , 0 0 0 5 4 8 , 6 0 0 5 6 1 , 5 0 0 5 7 5 , 1 0 0 Fr o m G e n e r a l f u n d 0 0 0 0 0 0 4 3 2 , 0 0 0 4 4 1 , 0 0 0 4 5 1 , 0 0 0 4 6 2 , 0 0 0 Fr o m 1 9 7 2 A c t 20 0 , 0 0 0 2 0 0 , 0 0 0 1 9 9 , 0 7 7 ( 9 2 3 ) 1 9 0 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 Fr o m 1 9 1 1 A c t 72 , 6 8 8 2 0 3 , 0 0 0 6 9 , 7 0 5 ( 1 3 3 , 2 9 5 ) 9 9 , 0 0 0 9 9 , 0 0 0 1 0 1 , 1 0 0 1 0 3 , 3 0 0 1 0 5 , 7 0 0 1 0 8 , 3 0 0 Fr o m B e a u t i f i c a t i o n f u n d 11 6 , 0 0 0 1 9 3 , 0 0 0 1 9 3 , 0 0 0 0 2 1 4 , 0 0 0 2 2 4 , 0 0 0 9 4 , 9 8 10 0 0 Fr o m W a s t e R e d u c t i o n 40 , 0 0 0 4 0 , 0 0 0 1 0 , 0 0 0 ( 3 0 , 0 0 0 ) 5 7 , 0 0 0 4 7 , 0 0 0 4 8 , 0 0 0 4 9 , 0 0 0 5 0 , 2 0 0 5 1 , 4 0 0 To t a l T r a n s f e r s I n 94 5 , 0 8 8 1 , 1 2 6 , 0 0 0 6 9 9 , 4 4 0 ( 4 2 6 , 5 6 0 ) 1 , 0 8 2 , 0 0 0 1 , 0 9 6 , 0 0 0 1 , 4 1 3 , 0 8 1 1 , 3 4 1 , 9 0 0 1 , 3 6 8 , 4 0 0 1 , 3 9 6 , 8 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 52,661 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 52,661 0 0 0 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 91 5 , 1 4 5 1 , 0 5 6 , 8 9 6 1 , 0 5 6 , 8 9 6 0 9 1 4 , 4 7 3 7 3 4 , 9 8 9 5 6 8 , 4 7 2 6 7 6 , 2 4 3 6 7 3 , 0 3 3 6 4 2 , 5 0 3 Pl u s : R e v e n u e s 1, 2 2 5 , 3 8 8 1 , 1 6 7 , 5 6 0 1 , 0 1 7 , 6 1 0 ( 1 4 9 , 9 5 0 ) 1 , 2 5 5 , 1 9 5 1 , 1 2 5 , 2 6 2 1 , 1 3 2 , 6 9 0 1 , 1 4 5 , 5 9 0 1 , 1 5 0 , 4 7 0 1 , 1 4 9 , 9 5 0 Le s s : E x p e n d i t u r e s (1 , 9 7 6 , 0 6 4 ) ( 2 , 1 3 1 , 3 1 9 ) ( 1 , 8 5 9 , 4 7 3 ) 2 7 1 , 8 4 6 ( 2 , 5 1 6 , 6 7 9 ) ( 2 , 3 8 7 , 7 7 9 ) ( 2 , 4 3 8 , 0 0 0 ) ( 2 , 4 9 0 , 7 0 0 ) ( 2 , 5 4 9 , 4 0 0 ) ( 2 , 6 1 1 , 0 0 0 ) Pl u s : T r a n s f e r s I n 94 5 , 0 8 8 1 , 1 2 6 , 0 0 0 6 9 9 , 4 4 0 ( 4 2 6 , 5 6 0 ) 1 , 0 8 2 , 0 0 0 1 , 0 9 6 , 0 0 0 1 , 4 1 3 , 0 8 1 1 , 3 4 1 , 9 0 0 1 , 3 6 8 , 4 0 0 1 , 3 9 6 , 8 0 0 Le s s : T r a n s f e r s O u t (5 2 , 6 6 1 ) 0 0 0 0 00 0 0 0 En d i n g F u n d B a l a n c e 1, 0 5 6 , 8 9 6 1 , 2 1 9 , 1 3 7 9 1 4 , 4 7 3 ( 3 0 4 , 6 6 4 ) 7 3 4 , 9 8 9 5 6 8 , 4 7 2 6 7 6 , 2 4 3 6 7 3 , 0 3 3 6 4 2 , 5 0 3 5 7 8 , 2 5 3 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 ) 52 5 , 7 2 5 4 5 8 , 3 8 3 5 2 2 , 0 0 0 5 2 6 , 0 0 0 5 3 7 , 0 0 0 5 4 8 , 6 0 0 5 6 1 , 5 0 0 5 7 5 , 1 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 53 1 , 1 7 1 4 5 6 , 0 9 0 2 1 2 , 9 8 9 4 2 , 4 7 2 1 3 9 , 2 4 3 1 2 4 , 4 3 3 8 1 , 0 0 3 3 , 1 5 3 5-24 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 ) 25 8 , 8 1 4 2 5 8 , 0 0 0 2 6 0 , 3 2 8 2 , 3 2 8 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 ) 57 0 3 9 0 4 1 4 2 4 1 9 0 1 4 0 6 4 0 8 8 0 6 2 0 2 9 0 To t a l R e v e n u e 25 9 , 3 8 4 2 5 8 , 3 9 0 2 6 0 , 7 4 2 2 , 3 5 2 2 5 8 , 1 9 0 2 5 8 , 1 4 0 2 6 3 , 8 4 0 2 6 9 , 3 8 0 2 7 4 , 5 2 0 2 7 9 , 6 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 (b ) 75 , 3 4 2 7 3 , 0 0 0 6 9 , 6 8 2 3 , 3 1 8 7 2 , 8 0 0 7 8 , 3 0 0 7 9 , 9 0 0 8 1 , 6 0 0 8 3 , 5 0 0 8 5 , 5 0 0 To t a l E x p e n d i t u r e s 75 , 3 4 2 7 3 , 0 0 0 6 9 , 6 8 2 3 , 3 1 8 7 2 , 8 0 0 7 8 , 3 0 0 7 9 , 9 0 0 8 1 , 6 0 0 8 3 , 5 0 0 8 5 , 5 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 18 4 , 0 4 2 1 8 5 , 3 9 0 1 9 1 , 0 6 0 5 , 6 7 0 1 8 5 , 3 9 0 1 7 9 , 8 4 0 1 8 3 , 9 4 0 1 8 7 , 7 8 0 1 9 1 , 0 2 0 1 9 4 , 1 9 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 0 , 0 0 0 2 0 0 , 0 0 0 1 9 9 , 0 7 7 9 2 3 1 9 0 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 To t a l T r a n s f e r s O u t 20 0 , 0 0 0 2 0 0 , 0 0 0 1 9 9 , 0 7 7 9 2 3 1 9 0 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 2 0 0 , 0 0 0 2 0 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 94 , 0 3 7 7 8 , 0 7 9 7 8 , 0 7 9 0 7 0 , 0 6 2 6 5 , 4 5 2 4 5 , 2 9 2 2 9 , 2 3 2 1 7 , 0 1 2 8 , 0 3 2 Pl u s : R e v e n u e s 25 9 , 3 8 4 2 5 8 , 3 9 0 2 6 0 , 7 4 2 2 , 3 5 2 2 5 8 , 1 9 0 2 5 8 , 1 4 0 2 6 3 , 8 4 0 2 6 9 , 3 8 0 2 7 4 , 5 2 0 2 7 9 , 6 9 0 Le s s : E x p e n d i t u r e s (7 5 , 3 4 2 ) ( 7 3 , 0 0 0 ) ( 6 9 , 6 8 2 ) 3 , 3 1 8 ( 7 2 , 8 0 0 ) ( 7 8 , 3 0 0 ) ( 7 9 , 9 0 0 ) ( 8 1 , 6 0 0 ) ( 8 3 , 5 0 0 ) ( 8 5 , 5 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 0 , 0 0 0 ) ( 2 0 0 , 0 0 0 ) ( 1 9 9 , 0 7 7 ) 9 2 3 ( 1 9 0 , 0 0 0 ) ( 2 0 0 , 0 0 0 ) ( 2 0 0 , 0 0 0 ) ( 2 0 0 , 0 0 0 ) ( 2 0 0 , 0 0 0 ) ( 2 0 0 , 0 0 0 ) En d i n g F u n d B a l a n c e 78 , 0 7 9 6 3 , 4 6 9 7 0 , 0 6 2 6 , 5 9 3 6 5 , 4 5 2 4 5 , 2 9 2 2 9 , 2 3 2 1 7 , 0 1 2 8 , 0 3 2 2 , 2 2 2 5-25 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 (e ) 1, 9 7 3 1 , 9 0 0 2 , 2 0 7 3 0 7 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 ) 49 8 0 4 9 ( 3 1 ) 5 0 4 0 2 9 0 6 6 0 8 6 0 9 3 0 To t a l R e v e n u e 2, 0 2 2 1 , 9 8 0 2 , 2 5 6 2 7 6 1 , 9 5 0 1 , 9 4 0 2 , 1 9 0 2 , 5 6 0 2 , 7 6 0 2 , 8 3 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 3 0 0 3 0 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 ) 29 7 0 0 3 0 6 7 0 7 0 0 7 0 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 29 1 , 0 0 0 3 0 9 7 0 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 9 3 9 8 0 2 , 2 2 6 1 , 2 4 6 9 5 0 9 4 0 1 , 1 9 0 1 , 5 6 0 1 , 7 6 0 1 , 8 3 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 14 , 7 8 1 1 6 , 7 7 4 1 6 , 7 7 4 0 1 9 , 0 0 0 1 9 , 9 5 0 2 0 , 8 9 0 2 2 , 0 8 0 2 3 , 6 4 0 2 5 , 4 0 0 Pl u s : R e v e n u e s 2, 0 2 2 1 , 9 8 0 2 , 2 5 6 2 7 6 1 , 9 5 0 1 , 9 4 0 2 , 1 9 0 2 , 5 6 0 2 , 7 6 0 2 , 8 3 0 Le s s : E x p e n d i t u r e s (2 9 ) ( 1 , 0 0 0 ) ( 3 0 ) 9 7 0 ( 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 16 , 7 7 4 1 7 , 7 5 4 1 9 , 0 0 0 1 , 2 4 6 1 9 , 9 5 0 2 0 , 8 9 0 2 2 , 0 8 0 2 3 , 6 4 0 2 5 , 4 0 0 2 7 , 2 3 0 5-26 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 17 3 , 0 9 2 3 0 2 , 8 8 3 2 4 2 , 1 5 3 ( 6 0 , 7 3 0 ) 2 1 1 , 7 0 3 1 9 7 , 6 8 7 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 17 3 , 0 9 2 3 0 2 , 8 8 3 2 4 2 , 1 5 3 ( 6 0 , 7 3 0 ) 2 1 1 , 7 0 3 1 9 7 , 6 8 7 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 13 9 , 3 5 5 1 5 4 , 0 9 8 1 4 3 , 0 0 1 1 1 , 0 9 7 5 5 , 0 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 ) 76 , 1 8 4 8 4 , 0 0 0 6 6 , 0 0 6 1 7 , 9 9 4 1 5 6 , 7 0 3 1 9 7 , 6 8 7 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 21 5 , 5 3 9 2 3 8 , 0 9 8 2 0 9 , 0 0 7 2 9 , 0 9 1 2 1 1 , 7 0 3 1 9 7 , 6 8 7 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 (4 2 , 4 4 7 ) 6 4 , 7 8 5 3 3 , 1 4 6 ( 3 1 , 6 3 9 ) 0 00 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 0 0 9 , 3 0 2 9 , 3 0 2 0 0 0 0 0 0 To t a l T r a n s f e r s I n 0 0 9 , 3 0 2 9 , 3 0 2 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 ( 4 2 , 4 4 7 ) ( 4 2 , 4 4 7 ) 0 0 00 0 0 0 Pl u s : R e v e n u e s 17 3 , 0 9 2 3 0 2 , 8 8 3 2 4 2 , 1 5 2 ( 6 0 , 7 3 1 ) 2 1 1 , 7 0 3 1 9 7 , 6 8 7 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 (2 1 5 , 5 3 9 ) ( 2 3 8 , 0 9 8 ) ( 2 0 9 , 0 0 7 ) 2 9 , 0 9 1 ( 2 1 1 , 7 0 3 ) ( 1 9 7 , 6 8 7 ) ( 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 0 0 9 , 3 0 2 9 , 3 0 2 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 (4 2 , 4 4 7 ) 2 2 , 3 3 8 0 ( 2 2 , 3 3 8 ) 0 00 0 0 0 5-27 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 ) 50 4 , 9 9 1 4 4 0 , 0 0 0 5 2 4 , 6 7 0 8 4 , 6 7 0 5 2 5 , 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 ) 5, 4 1 9 7 , 3 0 0 4 , 7 7 4 ( 2 , 5 2 6 ) 4 , 4 0 0 3 , 5 0 0 2 2 , 3 0 0 4 7 , 6 0 0 5 8 , 7 0 0 5 9 , 8 0 0 To t a l R e v e n u e 51 0 , 4 1 0 4 4 7 , 3 0 0 5 2 9 , 4 4 4 8 2 , 1 4 4 5 2 9 , 4 0 0 5 2 8 , 5 0 0 5 5 7 , 8 0 0 5 9 3 , 8 0 0 6 1 5 , 8 0 0 6 2 8 , 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 ) 41 9 , 9 8 4 4 4 5 , 9 0 0 4 2 0 , 5 1 7 2 5 , 3 8 3 5 3 2 , 5 0 0 4 4 9 , 1 0 0 4 5 8 , 5 0 0 4 6 8 , 4 0 0 4 7 9 , 4 0 0 4 9 1 , 0 0 0 To t a l E x p e n d i t u r e s 41 9 , 9 8 4 4 4 5 , 9 0 0 4 2 0 , 5 1 7 2 5 , 3 8 3 5 3 2 , 5 0 0 4 4 9 , 1 0 0 4 5 8 , 5 0 0 4 6 8 , 4 0 0 4 7 9 , 4 0 0 4 9 1 , 0 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 90 , 4 2 6 1 , 4 0 0 1 0 8 , 9 2 7 1 0 7 , 5 2 7 ( 3 , 1 0 0 ) 7 9 , 4 0 0 9 9 , 3 0 0 1 2 5 , 4 0 0 1 3 6 , 4 0 0 1 3 7 , 0 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 ) 72 , 6 8 8 2 0 3 , 0 0 0 6 9 , 7 0 5 1 3 3 , 2 9 5 9 9 , 0 0 0 9 9 , 0 0 0 1 0 1 , 1 0 0 1 0 3 , 3 0 0 1 0 5 , 7 0 0 1 0 8 , 3 0 0 To t a l T r a n s f e r s O u t 72 , 6 8 8 2 0 3 , 0 0 0 6 9 , 7 0 5 1 3 3 , 2 9 5 9 9 , 0 0 0 9 9 , 0 0 0 1 0 1 , 1 0 0 1 0 3 , 3 0 0 1 0 5 , 7 0 0 1 0 8 , 3 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 5 2 , 6 4 6 1 , 6 7 0 , 3 8 4 1 , 6 7 0 , 3 8 4 0 1 , 7 0 9 , 6 0 6 1 , 6 0 7 , 5 0 6 1 , 5 8 7 , 9 0 6 1 , 5 8 6 , 1 0 6 1 , 6 0 8 , 2 0 6 1 , 6 3 8 , 9 0 6 Pl u s : R e v e n u e s 51 0 , 4 1 0 4 4 7 , 3 0 0 5 2 9 , 4 4 4 8 2 , 1 4 4 5 2 9 , 4 0 0 5 2 8 , 5 0 0 5 5 7 , 8 0 0 5 9 3 , 8 0 0 6 1 5 , 8 0 0 6 2 8 , 0 0 0 Le s s : E x p e n d i t u r e s (4 1 9 , 9 8 4 ) ( 4 4 5 , 9 0 0 ) ( 4 2 0 , 5 1 7 ) 2 5 , 3 8 3 ( 5 3 2 , 5 0 0 ) ( 4 4 9 , 1 0 0 ) ( 4 5 8 , 5 0 0 ) ( 4 6 8 , 4 0 0 ) ( 4 7 9 , 4 0 0 ) ( 4 9 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 (7 2 , 6 8 8 ) ( 2 0 3 , 0 0 0 ) ( 6 9 , 7 0 5 ) 1 3 3 , 2 9 5 ( 9 9 , 0 0 0 ) ( 9 9 , 0 0 0 ) ( 1 0 1 , 1 0 0 ) ( 1 0 3 , 3 0 0 ) ( 1 0 5 , 7 0 0 ) ( 1 0 8 , 3 0 0 ) En d i n g F u n d B a l a n c e 1, 6 7 0 , 3 8 4 1 , 4 6 8 , 7 8 4 1 , 7 0 9 , 6 0 6 2 4 0 , 8 2 2 1 , 6 0 7 , 5 0 6 1 , 5 8 7 , 9 0 6 1 , 5 8 6 , 1 0 6 1 , 6 0 8 , 2 0 6 1 , 6 3 8 , 9 0 6 1 , 6 6 7 , 6 0 6 5-28 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 ) 20 7 , 0 3 4 1 5 8 , 8 0 0 2 1 6 , 5 8 1 5 7 , 7 8 1 2 0 6 , 0 0 0 2 1 0 , 0 0 0 2 1 4 , 4 0 0 2 1 9 , 0 0 0 2 2 4 , 2 0 0 2 2 9 , 6 0 0 St a t e g r a n t 23 , 5 3 3 4 7 , 5 0 0 5 8 , 8 2 9 1 1 , 3 2 9 2 4 , 0 0 0 1 2 , 0 0 0 1 2 , 0 0 0 1 2 , 0 0 0 1 2 , 0 0 0 1 2 , 0 0 0 In t e r e s t e a r n i n g s (h ) 1, 0 4 2 1 , 0 4 0 9 0 2 ( 1 3 8 ) 7 2 0 8 0 0 5 , 0 8 0 1 0 , 8 0 0 1 3 , 3 0 0 1 3 , 5 5 0 To t a l R e v e n u e 23 1 , 6 0 9 2 0 7 , 3 4 0 2 7 6 , 3 1 2 6 8 , 9 7 2 2 3 0 , 7 2 0 2 2 2 , 8 0 0 2 3 1 , 4 8 0 2 4 1 , 8 0 0 2 4 9 , 5 0 0 2 5 5 , 1 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 ) 68 , 3 1 0 6 9 , 0 0 0 7 1 , 8 5 5 ( 2 , 8 5 5 ) 7 0 , 3 0 0 7 4 , 7 0 0 7 6 , 3 0 0 7 7 , 9 0 0 7 9 , 7 0 0 8 1 , 6 0 0 Op e r a t i o n s & m a i n t e n a n c e (b ) 92 , 7 7 1 1 1 4 , 0 5 0 8 5 , 2 5 9 2 8 , 7 9 1 9 8 , 8 0 0 1 0 2 , 9 5 0 1 0 5 , 1 0 0 1 0 7 , 4 0 0 1 0 9 , 9 0 0 1 1 2 , 6 0 0 To t a l E x p e n d i t u r e s 16 1 , 0 8 1 1 8 3 , 0 5 0 1 5 7 , 1 1 4 2 5 , 9 3 6 1 6 9 , 1 0 0 1 7 7 , 6 5 0 1 8 1 , 4 0 0 1 8 5 , 3 0 0 1 8 9 , 6 0 0 1 9 4 , 2 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 70 , 5 2 8 2 4 , 2 9 0 1 1 9 , 1 9 8 9 4 , 9 0 8 6 1 , 6 2 0 4 5 , 1 5 0 5 0 , 0 8 0 5 6 , 5 0 0 5 9 , 9 0 0 6 0 , 9 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 0 1 2 , 0 0 0 1 2 , 0 0 0 0 5 , 0 0 0 3 , 0 0 0 3 , 0 0 0 3 , 0 0 0 3 , 0 0 0 3 , 0 0 0 To C I P f u n d - S t r e e t I m p r o v . 70,000 0 0 0 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 ) 40 , 0 0 0 4 0 , 0 0 0 1 0 , 0 0 0 3 0 , 0 0 0 5 7 , 0 0 0 4 7 , 0 0 0 4 8 , 0 0 0 4 9 , 0 0 0 5 0 , 2 0 0 5 1 , 4 0 0 To t a l T r a n s f e r s O u t 11 0 , 0 0 0 5 2 , 0 0 0 2 2 , 0 0 0 3 0 , 0 0 0 6 2 , 0 0 0 5 0 , 0 0 0 5 1 , 0 0 0 5 2 , 0 0 0 5 3 , 2 0 0 5 4 , 4 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 30 8 , 4 3 4 2 6 8 , 9 6 2 2 6 8 , 9 6 2 0 3 6 6 , 1 5 9 3 6 5 , 7 7 9 3 6 0 , 9 2 9 3 6 0 , 0 0 9 3 6 4 , 5 0 9 3 7 1 , 2 0 9 Pl u s : R e v e n u e s 23 1 , 6 0 9 2 0 7 , 3 4 0 2 7 6 , 3 1 2 6 8 , 9 7 2 2 3 0 , 7 2 0 2 2 2 , 8 0 0 2 3 1 , 4 8 0 2 4 1 , 8 0 0 2 4 9 , 5 0 0 2 5 5 , 1 5 0 Le s s : E x p e n d i t u r e s (1 6 1 , 0 8 1 ) ( 1 8 3 , 0 5 0 ) ( 1 5 7 , 1 1 4 ) 2 5 , 9 3 6 ( 1 6 9 , 1 0 0 ) ( 1 7 7 , 6 5 0 ) ( 1 8 1 , 4 0 0 ) ( 1 8 5 , 3 0 0 ) ( 1 8 9 , 6 0 0 ) ( 1 9 4 , 2 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 1 0 , 0 0 0 ) ( 5 2 , 0 0 0 ) ( 2 2 , 0 0 0 ) 3 0 , 0 0 0 ( 6 2 , 0 0 0 ) ( 5 0 , 0 0 0 ) ( 5 1 , 0 0 0 ) ( 5 2 , 0 0 0 ) ( 5 3 , 2 0 0 ) ( 5 4 , 4 0 0 ) En d i n g F u n d B a l a n c e 26 8 , 9 6 2 2 4 1 , 2 5 1 3 6 6 , 1 5 9 1 2 4 , 9 0 8 3 6 5 , 7 7 9 3 6 0 , 9 2 9 3 6 0 , 0 0 9 3 6 4 , 5 0 9 3 7 1 , 2 0 9 3 7 7 , 7 5 9 5-29 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 52 , 3 9 0 5 0 , 0 0 0 5 0 , 8 0 6 8 0 6 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 ) 19 0 4 9 0 3 0 5 ( 1 8 5 ) 2 7 0 2 1 0 1 , 3 8 0 2 , 9 8 0 3 , 7 3 0 3 , 8 7 0 To t a l R e v e n u e 52 , 5 8 0 5 0 , 4 9 0 5 1 , 1 1 1 6 2 1 5 0 , 2 7 0 5 0 , 2 1 0 5 1 , 3 8 0 5 2 , 9 8 0 5 3 , 7 3 0 5 3 , 8 7 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 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 5 0 , 0 0 0 To t a l E x p e n d i t u r e s 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 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 52 , 5 8 0 5 0 , 4 9 0 5 1 , 1 1 1 6 2 1 2 7 0 2 1 0 1 , 3 8 0 2 , 9 8 0 3 , 7 3 0 3 , 8 7 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 ) 060,00 0 0 0 5 4 , 9 1 0 0 0 0 0 0 To t a l T r a n s f e r s O u t 060,00 0 0 0 5 4 , 9 1 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 48 , 6 0 7 1 0 1 , 1 8 7 1 0 1 , 1 8 7 0 1 5 2 , 2 9 8 9 7 , 6 5 8 9 7 , 8 6 8 9 9 , 2 4 8 1 0 2 , 2 2 8 1 0 5 , 9 5 8 Pl u s : R e v e n u e s 52 , 5 8 0 5 0 , 4 9 0 5 1 , 1 1 1 6 2 1 5 0 , 2 7 0 5 0 , 2 1 0 5 1 , 3 8 0 5 2 , 9 8 0 5 3 , 7 3 0 5 3 , 8 7 0 Le s s : E x p e n d i t u r e s 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 ) ( 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 ( 6 0 , 0 0 0 ) 0 6 0 , 0 0 0 ( 5 4 , 9 1 0 ) 00 0 0 0 En d i n g F u n d B a l a n c e 10 1 , 1 8 7 9 1 , 6 7 7 1 5 2 , 2 9 8 6 0 , 6 2 1 9 7 , 6 5 8 9 7 , 8 6 8 9 9 , 2 4 8 1 0 2 , 2 2 8 1 0 5 , 9 5 8 1 0 9 , 8 2 8 5-30 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 ) 52 1 , 4 8 6 4 8 9 , 0 0 0 5 5 1 , 6 2 3 6 2 , 6 2 3 5 9 1 , 5 1 7 6 1 1 , 6 8 9 6 2 4 , 5 0 0 6 3 8 , 0 0 0 6 5 3 , 0 0 0 6 6 8 , 8 0 0 In t e r e s t e a r n i n g s (h ) 6, 0 5 0 1 0 4 , 7 9 5 4 , 7 8 5 1 0 0 7 9 0 4 , 0 0 0 6 , 3 4 0 5 , 1 8 0 2 , 6 9 0 To t a l R e v e n u e 52 7 , 5 3 6 4 8 9 , 0 1 0 5 5 6 , 4 1 8 6 7 , 4 0 8 5 9 1 , 6 1 7 6 1 2 , 4 7 9 6 2 8 , 5 0 0 6 4 4 , 3 4 0 6 5 8 , 1 8 0 6 7 1 , 4 9 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 52 7 , 5 3 6 4 8 9 , 0 1 0 5 5 6 , 4 1 8 6 7 , 4 0 8 5 9 1 , 6 1 7 6 1 2 , 4 7 9 6 2 8 , 5 0 0 6 4 4 , 3 4 0 6 5 8 , 1 8 0 6 7 1 , 4 9 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 - A r t e r i a l S t r e e t R e h a b 24 0 , 0 0 0 1 , 3 0 6 , 9 2 7 7 8 , 2 0 8 1 , 2 2 8 , 7 1 9 1 , 2 9 8 , 7 1 9 1 6 5 , 0 0 0 1 6 5 , 0 0 0 1 6 5 , 0 0 0 1 6 5 , 0 0 0 1 6 5 , 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 ) 51 6 , 4 0 0 4 9 0 , 0 0 0 2 2 7 , 6 5 8 2 6 2 , 3 4 2 5 2 2 , 0 0 0 5 2 6 , 0 0 0 5 3 7 , 0 0 0 5 4 8 , 6 0 0 5 6 1 , 5 0 0 5 7 5 , 1 0 0 To t a l T r a n s f e r s O u t 75 6 , 4 0 0 1 , 7 9 6 , 9 2 7 3 0 5 , 8 6 6 1 , 4 9 1 , 0 6 1 1 , 8 2 0 , 7 1 9 6 9 1 , 0 0 0 7 0 2 , 0 0 0 7 1 3 , 6 0 0 7 2 6 , 5 0 0 7 4 0 , 1 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, 5 7 0 , 6 7 5 1 , 3 4 1 , 8 1 1 1 , 3 4 1 , 8 1 1 0 1 , 5 9 2 , 3 6 3 3 6 3 , 2 6 1 2 8 4 , 7 4 0 2 1 1 , 2 4 0 1 4 1 , 9 8 0 7 3 , 6 6 0 Pl u s : R e v e n u e s 52 7 , 5 3 6 4 8 9 , 0 1 0 5 5 6 , 4 1 8 6 7 , 4 0 8 5 9 1 , 6 1 7 6 1 2 , 4 7 9 6 2 8 , 5 0 0 6 4 4 , 3 4 0 6 5 8 , 1 8 0 6 7 1 , 4 9 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 (7 5 6 , 4 0 0 ) ( 1 , 7 9 6 , 9 2 7 ) ( 3 0 5 , 8 6 6 ) 1 , 4 9 1 , 0 6 1 ( 1 , 8 2 0 , 7 1 9 ) ( 6 9 1 , 0 0 0 ) ( 7 0 2 , 0 0 0 ) ( 7 1 3 , 6 0 0 ) ( 7 2 6 , 5 0 0 ) ( 7 4 0 , 1 0 0 ) En d i n g F u n d B a l a n c e 1, 3 4 1 , 8 1 1 3 3 , 8 9 4 1 , 5 9 2 , 3 6 3 1 , 5 5 8 , 4 6 9 3 6 3 , 2 6 1 2 8 4 , 7 4 0 2 1 1 , 2 4 0 1 4 1 , 9 8 0 7 3 , 6 6 0 5 , 0 5 0 5-31 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 ) 62 6 , 7 9 3 5 8 6 , 2 0 0 6 6 2 , 8 0 2 7 6 , 6 0 2 7 1 3 , 1 2 3 7 3 7 , 4 4 3 7 5 2 , 9 0 0 7 6 9 , 1 0 0 7 8 7 , 2 0 0 8 0 6 , 2 0 0 Ot h e r r e v e n u e s 060,00 0 6 0 , 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 ) 24 2 4 9 0 9 1 2 4 2 2 5 9 0 0 1 , 3 1 0 7 , 1 5 0 1 4 , 3 2 0 2 0 , 3 2 0 To t a l R e v e n u e 62 7 , 0 3 5 6 4 6 , 6 9 0 7 2 3 , 7 1 4 7 7 , 0 2 4 7 1 3 , 7 1 3 7 3 7 , 4 4 3 7 5 4 , 2 1 0 7 7 6 , 2 5 0 8 0 1 , 5 2 0 8 2 6 , 5 2 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 ) 58 2 , 2 1 7 5 8 3 , 2 0 0 5 8 3 , 1 4 4 5 6 5 9 1 , 8 4 0 5 7 6 , 8 2 3 5 8 8 , 9 0 0 6 0 1 , 6 0 0 6 1 5 , 8 0 0 6 3 0 , 7 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 0 , 0 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 58 2 , 2 1 7 5 8 3 , 2 0 0 5 8 3 , 1 4 4 5 6 6 1 1 , 8 4 0 5 9 6 , 8 2 3 6 0 9 , 3 0 0 6 2 2 , 4 0 0 6 3 7 , 1 0 0 6 5 2 , 5 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 44 , 8 1 8 6 3 , 4 9 0 1 4 0 , 5 7 0 7 7 , 0 8 0 1 0 1 , 8 7 3 1 4 0 , 6 2 0 1 4 4 , 9 1 0 1 5 3 , 8 5 0 1 6 4 , 4 2 0 1 7 4 , 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 - T o C I P f u n d 0 0 0 0 4 1 2 , 0 0 0 4 8 , 0 0 00 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 4 1 2 , 0 0 0 4 8 , 0 0 00 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 12 5 , 6 0 3 1 7 0 , 4 2 1 1 7 0 , 4 2 1 0 3 1 0 , 9 9 1 8 6 4 9 3 , 4 8 4 2 3 8 , 3 9 4 3 9 2 , 2 4 4 5 5 6 , 6 6 4 Pl u s : R e v e n u e s 62 7 , 0 3 5 6 4 6 , 6 9 0 7 2 3 , 7 1 4 7 7 , 0 2 4 7 1 3 , 7 1 3 7 3 7 , 4 4 3 7 5 4 , 2 1 0 7 7 6 , 2 5 0 8 0 1 , 5 2 0 8 2 6 , 5 2 0 Le s s : E x p e n d i t u r e s (5 8 2 , 2 1 7 ) ( 5 8 3 , 2 0 0 ) ( 5 8 3 , 1 4 4 ) 5 6 ( 6 1 1 , 8 4 0 ) ( 5 9 6 , 8 2 3 ) ( 6 0 9 , 3 0 0 ) ( 6 2 2 , 4 0 0 ) ( 6 3 7 , 1 0 0 ) ( 6 5 2 , 5 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 ( 4 1 2 , 0 0 0 ) ( 4 8 , 0 0 0 ) 00 0 0 En d i n g F u n d B a l a n c e 17 0 , 4 2 1 2 3 3 , 9 1 1 3 1 0 , 9 9 1 7 7 , 0 8 0 8 6 4 9 3 , 4 8 4 2 3 8 , 3 9 4 3 9 2 , 2 4 4 5 5 6 , 6 6 4 7 3 0 , 6 8 4 5-32 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 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 ) 25 6 0 2 1 2 2 1 2 0 4 0 2 9 0 6 2 0 7 8 0 8 1 0 To t a l R e v e n u e 10 0 , 2 5 6 1 0 0 , 0 0 0 1 0 0 , 2 1 2 2 1 2 1 0 0 , 0 0 0 1 0 0 , 0 4 0 1 0 0 , 2 9 0 1 0 0 , 6 2 0 1 0 0 , 7 8 0 1 0 0 , 8 1 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 019,60 0 0 1 9 , 6 0 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 019,60 0 0 1 9 , 6 0 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 10 0 , 2 5 6 8 0 , 4 0 0 1 0 0 , 2 1 2 1 9 , 8 1 2 1 0 0 , 0 0 0 1 0 0 , 0 4 0 1 0 0 , 2 9 0 1 0 0 , 6 2 0 1 0 0 , 7 8 0 1 0 0 , 8 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 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 19 , 9 3 2 2 0 , 1 8 8 2 0 , 1 8 8 0 2 0 , 4 0 0 2 0 , 4 0 0 2 0 , 4 4 0 2 0 , 7 3 0 2 1 , 3 5 0 2 2 , 1 3 0 Pl u s : R e v e n u e s 10 0 , 2 5 6 1 0 0 , 0 0 0 1 0 0 , 2 1 2 2 1 2 1 0 0 , 0 0 0 1 0 0 , 0 4 0 1 0 0 , 2 9 0 1 0 0 , 6 2 0 1 0 0 , 7 8 0 1 0 0 , 8 1 0 Le s s : E x p e n d i t u r e s 0 ( 1 9 , 6 0 0 ) 0 1 9 , 6 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 (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 20 , 1 8 8 5 8 8 2 0 , 4 0 0 1 9 , 8 1 2 2 0 , 4 0 0 2 0 , 4 4 0 2 0 , 7 3 0 2 1 , 3 5 0 2 2 , 1 3 0 2 2 , 9 4 0 5-33 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 Me a s u r e R R e v e n u e (d ) 38 7 , 4 0 9 3 6 4 , 5 0 0 4 1 1 , 8 3 8 4 7 , 3 3 8 4 4 3 , 6 3 7 4 5 8 , 7 7 3 4 6 8 , 4 0 0 4 7 8 , 5 0 0 4 8 9 , 8 0 0 5 0 1 , 6 0 0 In t e r e s t e a r n i n g s (h ) 2, 5 9 7 1 0 1 , 8 8 5 1 , 8 7 5 5 8 0 1 , 5 0 0 2 , 0 6 0 1 8 , 5 0 0 4 , 1 5 0 2 , 1 0 0 To t a l R e v e n u e 39 0 , 0 0 6 3 6 4 , 5 1 0 4 1 3 , 7 2 3 4 9 , 2 1 3 4 4 4 , 2 1 7 4 6 0 , 2 7 3 4 7 0 , 4 6 0 4 9 7 , 0 0 0 4 9 3 , 9 5 0 5 0 3 , 7 0 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 39 0 , 0 0 6 3 6 4 , 5 1 0 4 1 3 , 7 2 3 4 9 , 2 1 3 4 4 4 , 2 1 7 4 6 0 , 2 7 3 4 7 0 , 4 6 0 4 9 7 , 0 0 0 4 9 3 , 9 5 0 5 0 3 , 7 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 C I P f u n d 62 8 , 2 1 2 5 6 4 , 0 0 0 0 5 6 4 , 0 0 0 5 6 4 , 0 0 0 1 , 0 0 0 , 0 0 0 0 1 , 0 0 0 , 0 0 0 5 5 0 , 0 0 0 5 5 0 , 0 0 0 To t a l T r a n s f e r s O u t 62 8 , 2 1 2 5 6 4 , 0 0 0 0 5 6 4 , 0 0 0 5 6 4 , 0 0 0 1 , 0 0 0 , 0 0 0 0 1 , 0 0 0 , 0 0 0 5 5 0 , 0 0 0 5 5 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 63 0 , 1 3 2 3 9 1 , 9 2 6 3 9 1 , 9 2 6 0 8 0 5 , 6 4 9 6 8 5 , 8 6 6 1 4 6 , 1 3 9 6 1 6 , 5 9 9 1 1 3 , 5 9 9 5 7 , 5 4 9 Pl u s : R e v e n u e s 39 0 , 0 0 6 3 6 4 , 5 1 0 4 1 3 , 7 2 3 4 9 , 2 1 3 4 4 4 , 2 1 7 4 6 0 , 2 7 3 4 7 0 , 4 6 0 4 9 7 , 0 0 0 4 9 3 , 9 5 0 5 0 3 , 7 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 (6 2 8 , 2 1 2 ) ( 5 6 4 , 0 0 0 ) 0 5 6 4 , 0 0 0 ( 5 6 4 , 0 0 0 ) ( 1 , 0 0 0 , 0 0 0 ) 0 ( 1 , 0 0 0 , 0 0 0 ) ( 5 5 0 , 0 0 0 ) ( 5 5 0 , 0 0 0 ) En d i n g F u n d B a l a n c e 39 1 , 9 2 6 1 9 2 , 4 3 6 8 0 5 , 6 4 9 6 1 3 , 2 1 3 6 8 5 , 8 6 6 1 4 6 , 1 3 9 6 1 6 , 5 9 9 1 1 3 , 5 9 9 5 7 , 5 4 9 1 1 , 2 4 9 5-34 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 23,682 0 3 7 , 2 6 3 3 7 , 2 6 3 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 75 3 1 , 1 3 0 6 5 8 ( 4 7 2 ) 5 4 0 4 5 0 2 , 8 7 0 6 , 1 3 0 7 , 5 5 0 7 , 7 0 0 To t a l R e v e n u e 24 , 4 3 5 1 , 1 3 0 3 7 , 9 2 1 3 6 , 7 9 1 5 4 0 4 5 0 2 , 8 7 0 6 , 1 3 0 7 , 5 5 0 7 , 7 0 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 ) 15 6 , 4 5 2 1 3 4 , 3 2 1 1 3 4 , 3 2 1 0 1 5 8 , 6 2 0 1 5 9 , 6 8 9 1 6 3 , 0 0 0 1 6 6 , 5 0 0 1 7 0 , 4 0 0 1 7 4 , 5 0 0 To t a l E x p e n d i t u r e s 15 6 , 4 5 2 1 3 4 , 3 2 1 1 3 4 , 3 2 1 0 1 5 8 , 6 2 0 1 5 9 , 6 8 9 1 6 3 , 0 0 0 1 6 6 , 5 0 0 1 7 0 , 4 0 0 1 7 4 , 5 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 3 2 , 0 1 7 ) ( 1 3 3 , 1 9 1 ) ( 9 6 , 4 0 0 ) 3 6 , 7 9 1 ( 1 5 8 , 0 8 0 ) ( 1 5 9 , 2 3 9 ) ( 1 6 0 , 1 3 0 ) ( 1 6 0 , 3 7 0 ) ( 1 6 2 , 8 5 0 ) ( 1 6 6 , 8 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 90 , 0 0 0 9 0 , 0 0 0 9 0 , 0 0 0 0 1 5 0 , 0 0 0 1 5 7 , 0 0 0 1 6 0 , 0 0 0 1 6 3 , 0 0 0 1 6 7 , 0 0 0 1 7 1 , 0 0 0 To t a l T r a n s f e r s I n 90 , 0 0 0 9 0 , 0 0 0 9 0 , 0 0 0 0 1 5 0 , 0 0 0 1 5 7 , 0 0 0 1 6 0 , 0 0 0 1 6 3 , 0 0 0 1 6 7 , 0 0 0 1 7 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 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 26 3 , 0 5 8 2 2 1 , 0 4 1 2 2 1 , 0 4 1 0 2 1 4 , 6 4 1 2 0 6 , 5 6 1 2 0 4 , 3 2 2 2 0 4 , 1 9 2 2 0 6 , 8 2 2 2 1 0 , 9 7 2 Pl u s : R e v e n u e s 24 , 4 3 5 1 , 1 3 0 3 7 , 9 2 1 3 6 , 7 9 1 5 4 0 4 5 0 2 , 8 7 0 6 , 1 3 0 7 , 5 5 0 7 , 7 0 0 Le s s : E x p e n d i t u r e s (1 5 6 , 4 5 2 ) ( 1 3 4 , 3 2 1 ) ( 1 3 4 , 3 2 1 ) 0 ( 1 5 8 , 6 2 0 ) ( 1 5 9 , 6 8 9 ) ( 1 6 3 , 0 0 0 ) ( 1 6 6 , 5 0 0 ) ( 1 7 0 , 4 0 0 ) ( 1 7 4 , 5 0 0 ) Pl u s : T r a n s f e r s I n 90 , 0 0 0 9 0 , 0 0 0 9 0 , 0 0 0 0 1 5 0 , 0 0 0 1 5 7 , 0 0 0 1 6 0 , 0 0 0 1 6 3 , 0 0 0 1 6 7 , 0 0 0 1 7 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 22 1 , 0 4 1 1 7 7 , 8 5 0 2 1 4 , 6 4 1 3 6 , 7 9 1 2 0 6 , 5 6 1 2 0 4 , 3 2 2 2 0 4 , 1 9 2 2 0 6 , 8 2 2 2 1 0 , 9 7 2 2 1 5 , 1 7 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 74 , 6 9 6 8 4 , 9 5 7 9 5 , 2 0 6 1 0 5 , 4 3 6 1 1 7 , 0 5 9 1 3 0 , 8 7 1 1 4 6 , 0 1 3 1 6 1 , 7 0 8 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 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 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 ) 96 , 3 4 5 7 9 , 6 8 4 6 1 , 3 5 5 4 8 , 8 8 6 3 7 , 1 3 3 2 5 , 9 5 1 1 4 , 9 5 9 3 , 4 6 4 5-35 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 ) 2, 4 3 8 3 , 8 0 0 2 , 2 6 0 ( 1 , 5 4 0 ) 2 , 3 0 0 1 , 7 0 0 1 0 , 7 0 0 2 2 , 6 0 0 2 7 , 5 0 0 2 7 , 7 0 0 To t a l R e v e n u e 2, 4 3 8 3 , 8 0 0 2 , 2 6 0 ( 1 , 5 4 0 ) 2 , 3 0 0 1 , 7 0 0 1 0 , 7 0 0 2 2 , 6 0 0 2 7 , 5 0 0 2 7 , 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 ) 64 , 8 8 6 7 0 , 0 0 0 4 9 , 1 1 8 2 0 , 8 8 2 7 1 , 0 0 0 6 7 , 5 0 0 6 8 , 9 0 0 7 0 , 4 0 0 7 2 , 1 0 0 7 3 , 8 0 0 To t a l E x p e n d i t u r e s 64 , 8 8 6 7 0 , 0 0 0 4 9 , 1 1 8 2 0 , 8 8 2 7 1 , 0 0 0 6 7 , 5 0 0 6 8 , 9 0 0 7 0 , 4 0 0 7 2 , 1 0 0 7 3 , 8 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 2 , 4 4 8 ) ( 6 6 , 2 0 0 ) ( 4 6 , 8 5 8 ) 1 9 , 3 4 2 ( 6 8 , 7 0 0 ) ( 6 5 , 8 0 0 ) ( 5 8 , 2 0 0 ) ( 4 7 , 8 0 0 ) ( 4 4 , 6 0 0 ) ( 4 6 , 1 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 60 , 0 0 0 6 5 , 0 0 0 6 5 , 0 0 0 0 6 1 , 0 0 0 4 6 , 0 0 0 4 7 , 0 0 0 4 8 , 0 0 0 4 9 , 0 0 0 5 0 , 0 0 0 To t a l T r a n s f e r s I n 60 , 0 0 0 6 5 , 0 0 0 6 5 , 0 0 0 0 6 1 , 0 0 0 4 6 , 0 0 0 4 7 , 0 0 0 4 8 , 0 0 0 4 9 , 0 0 0 5 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 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 6 , 0 0 7 7 7 3 , 5 5 9 7 7 3 , 5 5 9 0 7 9 1 , 7 0 1 7 8 4 , 0 0 1 7 6 4 , 2 0 1 7 5 3 , 0 0 1 7 5 3 , 2 0 1 7 5 7 , 6 0 1 Pl u s : R e v e n u e s 2, 4 3 8 3 , 8 0 0 2 , 2 6 0 ( 1 , 5 4 0 ) 2 , 3 0 0 1 , 7 0 0 1 0 , 7 0 0 2 2 , 6 0 0 2 7 , 5 0 0 2 7 , 7 0 0 Le s s : E x p e n d i t u r e s (6 4 , 8 8 6 ) ( 7 0 , 0 0 0 ) ( 4 9 , 1 1 8 ) 2 0 , 8 8 2 ( 7 1 , 0 0 0 ) ( 6 7 , 5 0 0 ) ( 6 8 , 9 0 0 ) ( 7 0 , 4 0 0 ) ( 7 2 , 1 0 0 ) ( 7 3 , 8 0 0 ) Pl u s : T r a n s f e r s I n 60 , 0 0 0 6 5 , 0 0 0 6 5 , 0 0 0 0 6 1 , 0 0 0 4 6 , 0 0 0 4 7 , 0 0 0 4 8 , 0 0 0 4 9 , 0 0 0 5 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 77 3 , 5 5 9 7 7 2 , 3 5 9 7 9 1 , 7 0 1 1 9 , 3 4 2 7 8 4 , 0 0 1 7 6 4 , 2 0 1 7 5 3 , 0 0 1 7 5 3 , 2 0 1 7 5 7 , 6 0 1 7 6 1 , 5 0 1 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 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 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 23 , 5 5 9 4 1 , 7 0 1 3 4 , 0 0 1 1 4 , 2 0 1 3 , 0 0 1 3 , 2 0 1 7 , 6 0 1 1 1 , 5 0 1 5-36 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 16 0 , 6 4 1 2 5 0 , 0 0 0 1 0 0 , 0 0 0 ( 1 5 0 , 0 0 0 ) 3 4 6 , 7 5 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 0 In t e r e s t e a r n i n g s (h ) 70 1 7 0 4 7 ( 1 2 3 ) 0 1 0 0 6 2 0 1 , 3 4 0 1 , 6 9 0 1 , 7 5 0 To t a l R e v e n u e 16 0 , 7 1 1 2 5 0 , 1 7 0 1 0 0 , 0 4 7 ( 1 5 0 , 1 2 3 ) 3 4 6 , 7 5 0 1 0 5 , 1 0 0 1 0 5 , 6 2 0 1 0 6 , 3 4 0 1 0 6 , 6 9 0 1 , 7 5 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 16 0 , 7 1 1 2 5 0 , 1 7 0 1 0 0 , 0 4 7 ( 1 5 0 , 1 2 3 ) 3 4 6 , 7 5 0 1 0 5 , 1 0 0 1 0 5 , 6 2 0 1 0 6 , 3 4 0 1 0 6 , 6 9 0 1 , 7 5 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 8 2 , 0 0 0 1 8 , 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 4 9 , 6 1 2 To C I P f u n d 0 1 5 0 , 0 0 0 1 5 0 , 0 0 0 0 0 00 0 0 0 To t a l T r a n s f e r s O u t 10 0 , 0 0 0 2 5 0 , 0 0 0 2 3 2 , 0 0 0 1 8 , 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 4 9 , 6 1 2 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 (1 2 6 , 3 9 6 ) ( 6 5 , 6 8 5 ) ( 6 5 , 6 8 5 ) 0 ( 1 9 7 , 6 3 8 ) 4 4 , 1 1 2 4 4 , 2 1 2 4 4 , 8 3 2 4 6 , 1 7 2 4 7 , 8 6 2 Pl u s : R e v e n u e s 16 0 , 7 1 1 2 5 0 , 1 7 0 1 0 0 , 0 4 7 ( 1 5 0 , 1 2 3 ) 3 4 6 , 7 5 0 1 0 5 , 1 0 0 1 0 5 , 6 2 0 1 0 6 , 3 4 0 1 0 6 , 6 9 0 1 , 7 5 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 0 0 , 0 0 0 ) ( 2 5 0 , 0 0 0 ) ( 2 3 2 , 0 0 0 ) 1 8 , 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 ) ( 4 9 , 6 1 2 ) En d i n g F u n d B a l a n c e (6 5 , 6 8 5 ) ( 6 5 , 5 1 5 ) ( 1 9 7 , 6 3 8 ) ( 1 3 2 , 1 2 3 ) 4 4 , 1 1 2 4 4 , 2 1 2 4 4 , 8 3 2 4 6 , 1 7 2 4 7 , 8 6 2 0 5-37 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 ) 54 , 1 6 5 4 6 , 6 0 0 4 9 , 6 5 7 3 , 0 5 7 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 5 9 , 6 2 0 In t e r e s t e a r n i n g s (h ) 28 9 1 0 0 1 2 1 2 1 8 0 8 0 5 0 0 1 , 0 4 0 1 , 2 3 0 1 , 1 4 0 To t a l R e v e n u e 54 , 4 5 4 4 6 , 7 0 0 4 9 , 7 7 8 3 , 0 7 8 5 4 , 0 8 0 5 5 , 1 6 0 5 6 , 6 8 0 5 8 , 3 4 0 5 9 , 6 8 0 6 0 , 7 6 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 ) 10 2 , 4 7 9 5 2 , 5 0 0 4 4 , 1 1 1 8 , 3 8 9 8 6 , 5 0 0 9 2 , 3 0 0 9 4 , 2 0 0 9 6 , 2 0 0 9 8 , 5 0 0 1 0 0 , 9 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 ) 20 , 0 8 2 1 7 , 4 0 0 1 9 , 7 3 2 ( 2 , 3 3 2 ) 1 9 , 1 0 0 1 3 , 4 0 0 1 3 , 7 0 0 1 4 , 0 0 0 1 4 , 3 0 0 1 4 , 6 0 0 To t a l E x p e n d i t u r e s 12 2 , 5 6 1 6 9 , 9 0 0 6 3 , 8 4 3 6 , 0 5 7 1 0 5 , 6 0 0 1 0 5 , 7 0 0 1 0 7 , 9 0 0 1 1 0 , 2 0 0 1 1 2 , 8 0 0 1 1 5 , 5 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 (6 8 , 1 0 7 ) ( 2 3 , 2 0 0 ) ( 1 4 , 0 6 5 ) 9 , 1 3 5 ( 5 1 , 5 2 0 ) ( 5 0 , 5 4 0 ) ( 5 1 , 2 2 0 ) ( 5 1 , 8 6 0 ) ( 5 3 , 1 2 0 ) ( 5 4 , 7 4 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 10 , 7 0 0 1 0 , 7 0 0 1 0 , 7 0 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 5 0 , 7 0 0 To t a l T r a n s f e r I n 10 , 7 0 0 1 0 , 7 0 0 1 0 , 7 0 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 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 96 , 6 7 8 3 9 , 2 7 1 3 9 , 2 7 1 0 3 5 , 9 0 6 3 5 , 0 8 6 3 5 , 2 4 6 3 4 , 7 2 6 3 3 , 5 6 6 3 1 , 1 4 6 Pl u s : R e v e n u e s 54 , 4 5 4 4 6 , 7 0 0 4 9 , 7 7 8 3 , 0 7 8 5 4 , 0 8 0 5 5 , 1 6 0 5 6 , 6 8 0 5 8 , 3 4 0 5 9 , 6 8 0 6 0 , 7 6 0 Le s s : E x p e n d i t u r e s (1 2 2 , 5 6 1 ) ( 6 9 , 9 0 0 ) ( 6 3 , 8 4 3 ) 6 , 0 5 7 ( 1 0 5 , 6 0 0 ) ( 1 0 5 , 7 0 0 ) ( 1 0 7 , 9 0 0 ) ( 1 1 0 , 2 0 0 ) ( 1 1 2 , 8 0 0 ) ( 1 1 5 , 5 0 0 ) Pl u s : T r a n s f e r I n 10 , 7 0 0 1 0 , 7 0 0 1 0 , 7 0 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 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 39 , 2 7 1 2 6 , 7 7 1 3 5 , 9 0 6 9 , 1 3 5 3 5 , 0 8 6 3 5 , 2 4 6 3 4 , 7 2 6 3 3 , 5 6 6 3 1 , 1 4 6 2 7 , 1 0 6 5-38 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 ) 53 3 7 9 0 4 1 0 ( 3 8 0 ) 4 8 0 2 6 0 1 , 6 8 0 3 , 6 4 0 4 , 5 6 0 4 , 7 3 0 To t a l R e v e n u e 53 3 7 9 0 4 1 0 ( 3 8 0 ) 4 8 0 2 6 0 1 , 6 8 0 3 , 6 4 0 4 , 5 6 0 4 , 7 3 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 25,000 2 0 , 0 0 0 2 0 , 0 0 0 0 2 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 25,000 2 0 , 0 0 0 2 0 , 0 0 0 0 2 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 (2 4 , 4 6 7 ) ( 1 9 , 2 1 0 ) ( 1 9 , 5 9 0 ) ( 3 8 0 ) ( 1 9 , 5 2 0 ) 26 0 1 , 6 8 0 3 , 6 4 0 4 , 5 6 0 4 , 7 3 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 18 2 , 9 4 7 1 5 8 , 4 8 0 1 5 8 , 4 8 0 0 1 3 8 , 8 9 0 1 1 9 , 3 7 0 1 1 9 , 6 3 0 1 2 1 , 3 1 0 1 2 4 , 9 5 0 1 2 9 , 5 1 0 Pl u s : R e v e n u e s 53 3 7 9 0 4 1 0 ( 3 8 0 ) 4 8 0 2 6 0 1 , 6 8 0 3 , 6 4 0 4 , 5 6 0 4 , 7 3 0 Le s s : E x p e n d i t u r e s (2 5 , 0 0 0 ) ( 2 0 , 0 0 0 ) ( 2 0 , 0 0 0 ) 0 ( 2 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 15 8 , 4 8 0 1 3 9 , 2 7 0 1 3 8 , 8 9 0 ( 3 8 0 ) 1 1 9 , 3 7 0 1 1 9 , 6 3 0 1 2 1 , 3 1 0 1 2 4 , 9 5 0 1 2 9 , 5 1 0 1 3 4 , 2 4 0 5-39 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 4 4 5 , 4 6 8 4 4 5 , 4 6 8 0 00 0 0 0 In t e r e s t e a r n i n g s (h ) 1, 2 9 0 2 , 0 4 0 1 , 1 4 4 ( 8 9 6 ) 1 , 2 2 0 1 , 8 5 0 1 1 , 9 0 0 1 , 7 5 0 2 , 2 0 0 2 , 2 8 0 To t a l R e v e n u e 1, 2 9 0 2 , 0 4 0 4 4 6 , 6 1 2 4 4 4 , 5 7 2 1 , 2 2 0 1 , 8 5 0 1 1 , 9 0 0 1 , 7 5 0 2 , 2 0 0 2 , 2 8 0 Ex p e n d i t u r e s Ca p i t a l O u t l a y 09,97 3 9 , 9 7 3 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 09,97 3 9 , 9 7 3 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, 2 9 0 ( 7 , 9 3 3 ) 4 3 6 , 6 3 9 4 4 4 , 5 7 2 1 , 2 2 0 1 , 8 5 0 1 1 , 9 0 0 1 , 7 5 0 2 , 2 0 0 2 , 2 8 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 8 0 0 , 0 0 00 0 0 To t a l T r a n s f e r O u t 0 0 0 0 0 0 8 0 0 , 0 0 00 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 5 , 5 1 9 4 0 6 , 8 0 9 4 0 6 , 8 0 9 0 8 4 3 , 4 4 8 8 4 4 , 6 6 8 8 4 6 , 5 1 8 5 8 , 4 1 8 6 0 , 1 6 8 6 2 , 3 6 8 Pl u s : R e v e n u e s 1, 2 9 0 2 , 0 4 0 4 4 6 , 6 1 2 4 4 4 , 5 7 2 1 , 2 2 0 1 , 8 5 0 1 1 , 9 0 0 1 , 7 5 0 2 , 2 0 0 2 , 2 8 0 Le s s : E x p e n d i t u r e s 0 ( 9 , 9 7 3 ) ( 9 , 9 7 3 ) 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 ( 8 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 6 , 8 0 9 3 9 8 , 8 7 6 8 4 3 , 4 4 8 4 4 4 , 5 7 2 8 4 4 , 6 6 8 8 4 6 , 5 1 8 5 8 , 4 1 8 6 0 , 1 6 8 6 2 , 3 6 8 6 4 , 6 4 8 5-40 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 5 7 , 2 7 6 8 2 7 , 9 0 40 0 0 0 In t e r e s t e a r n i n g s (h ) 93 0 8 4 8 4 0 2 0 1 0 2 0 3 0 3 0 To t a l R e v e n u e 93 0 8 4 8 4 5 7 , 2 7 6 8 2 7 , 9 2 4 1 0 2 0 3 0 3 0 Ex p e n d i t u r e s Im p r o v e m e n t s 029,00 0 0 2 9 , 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 029,00 0 0 2 9 , 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 93 ( 2 9 , 0 0 0 ) 8 4 2 9 , 0 8 4 2 8 , 2 7 6 8 2 7 , 9 2 4 1 0 2 0 3 0 3 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 - t o C I P f u n d 0 0 0 0 5 0 , 0 0 0 8 3 5 , 0 0 00 0 0 0 To t a l T r a n s f e r s O u t 0 0 0 0 5 0 , 0 0 0 8 3 5 , 0 0 00 0 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 , 3 2 8 2 9 , 4 2 1 2 9 , 4 2 1 0 2 9 , 5 0 5 7 , 7 8 1 7 0 5 7 1 5 7 3 5 7 6 5 Pl u s : R e v e n u e s 93 0 8 4 8 4 5 7 , 2 7 6 8 2 7 , 9 2 4 1 0 2 0 3 0 3 0 Le s s : E x p e n d i t u r e s 0 ( 2 9 , 0 0 0 ) 0 2 9 , 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 ( 5 0 , 0 0 0 ) ( 8 3 5 , 0 0 0 ) 00 0 0 En d i n g F u n d B a l a n c e 29 , 4 2 1 4 2 1 2 9 , 5 0 5 2 9 , 0 8 4 7 , 7 8 1 7 0 5 7 1 5 7 3 5 7 6 5 7 9 5 5-41 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 PA G E 3 0 LO W - M O D E R A T E I N C O M E H O U S I N G F U N D D E T A I L (F u n d - 3 3 6 ) Re v e n u e s Mi s c r e v e n u e 0 0 1 2 , 4 0 8 1 2 , 4 0 8 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 0 0 3 3 0 0 0 0 0 0 To t a l R e v e n u e 0 0 1 2 , 4 1 1 1 2 , 4 1 1 0 0 0 0 0 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 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 LO W - M O D H O U S I N G F U N D N E T B E F O R E 0 0 1 2 , 4 1 1 1 2 , 4 1 1 0 0 0 0 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 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 LO W - M O D H O U S 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 0 0 0 0 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 Pl u s : R e v e n u e s 0 0 1 2 , 4 1 1 1 2 , 4 1 1 0 0 0 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 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 0 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 1 2 , 4 1 1 5-42 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 PA G E 3 1 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 0 0 0 0 Mi s c r e v e n u e 50 0 , 0 0 0 0 3 , 1 0 2 3 , 1 0 2 0 00 0 0 0 In t e r e s t e a r n i n g s (h ) 69 7 4 , 1 6 0 1 , 4 0 7 ( 2 , 7 5 3 ) 1 , 5 1 0 1 , 0 9 0 7 , 0 5 0 1 5 , 2 4 0 1 9 , 1 0 0 1 9 , 8 0 0 To t a l R e v e n u e 50 0 , 6 9 7 4 , 1 6 0 4 , 5 0 9 3 4 9 1 , 5 1 0 1 , 0 9 0 7 , 0 5 0 1 5 , 2 4 0 1 9 , 1 0 0 1 9 , 8 0 0 Ex p e n d i t u r e s 3,659 3 , 5 1 0 3 , 5 1 0 0 3 , 8 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 3,659 3 , 5 1 0 3 , 5 1 0 0 3 , 8 0 0 0 0 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 49 7 , 0 3 8 6 5 0 9 9 9 3 4 9 ( 2 , 2 9 0 ) 1 , 0 9 0 7 , 0 5 0 1 5 , 2 4 0 1 9 , 1 0 0 1 9 , 8 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 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 4, 1 5 1 5 0 1 , 1 8 9 5 0 1 , 1 8 9 0 5 0 2 , 1 8 8 4 9 9 , 8 9 8 5 0 0 , 9 8 8 5 0 8 , 0 3 8 5 2 3 , 2 7 8 5 4 2 , 3 7 8 Pl u s : R e v e n u e s 50 0 , 6 9 7 4 , 1 6 0 4 , 5 0 9 3 4 9 1 , 5 1 0 1 , 0 9 0 7 , 0 5 0 1 5 , 2 4 0 1 9 , 1 0 0 1 9 , 8 0 0 Le s s : E x p e n d i t u r e s (3 , 6 5 9 ) ( 3 , 5 1 0 ) ( 3 , 5 1 0 ) 0 ( 3 , 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 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 50 1 , 1 8 9 5 0 1 , 8 3 9 5 0 2 , 1 8 8 3 4 9 4 9 9 , 8 9 8 5 0 0 , 9 8 8 5 0 8 , 0 3 8 5 2 3 , 2 7 8 5 4 2 , 3 7 8 5 6 2 , 1 7 8 5-43 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 PA G E 3 2 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 35 , 9 5 5 0 3 3 , 1 0 5 3 3 , 1 0 5 1 4 , 4 0 4 7 7 , 8 3 9 2 5 , 0 0 0 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 ) 1, 4 1 7 1 , 7 7 0 1 , 2 2 1 ( 5 4 9 ) 9 1 0 1 4 0 5 8 0 9 5 0 8 3 0 4 9 0 To t a l R e v e n u e 37 , 3 7 2 1 , 7 7 0 3 4 , 3 2 6 3 2 , 5 5 6 1 5 , 3 1 4 7 7 , 9 7 9 2 5 , 5 8 0 2 5 , 9 5 0 2 5 , 8 3 0 2 5 , 4 9 0 Ex p e n d i t u r e s Im p r o v e m e n t s 38,245 6 1 , 8 0 0 0 6 1 , 8 0 0 5 1 , 0 0 0 0 0 0 0 0 To t a l E x p e n d i t u r e s 38,245 6 1 , 8 0 0 0 6 1 , 8 0 0 5 1 , 0 0 0 0 0 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 (8 7 3 ) ( 6 0 , 0 3 0 ) 3 4 , 3 2 6 9 4 , 3 5 6 ( 3 5 , 6 8 6 ) 7 7 , 9 7 9 2 5 , 5 8 0 2 5 , 9 5 0 2 5 , 8 3 0 2 5 , 4 9 0 Tr a n s f e r s O u t To C I P f u n d 0 5 0 , 0 0 0 0 5 0 , 0 0 0 3 5 0 , 0 0 0 1 0 0 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 To t a l T r a n s f e r s O u t 0 5 0 , 0 0 0 0 5 0 , 0 0 0 3 5 0 , 0 0 0 1 0 0 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 0 0 0 3 5 , 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 41 5 , 3 9 8 4 1 4 , 5 2 5 4 1 4 , 5 2 5 0 4 4 8 , 8 5 1 6 3 , 1 6 5 4 1 , 1 4 4 3 1 , 7 2 4 2 2 , 6 7 4 1 3 , 5 0 4 Pl u s : R e v e n u e s 37 , 3 7 2 1 , 7 7 0 3 4 , 3 2 6 3 2 , 5 5 6 1 5 , 3 1 4 7 7 , 9 7 9 2 5 , 5 8 0 2 5 , 9 5 0 2 5 , 8 3 0 2 5 , 4 9 0 Le s s : E x p e n d i t u r e s (3 8 , 2 4 5 ) ( 6 1 , 8 0 0 ) 0 6 1 , 8 0 0 ( 5 1 , 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 ( 5 0 , 0 0 0 ) 0 5 0 , 0 0 0 ( 3 5 0 , 0 0 0 ) ( 1 0 0 , 0 0 0 ) ( 3 5 , 0 0 0 ) ( 3 5 , 0 0 0 ) ( 3 5 , 0 0 0 ) ( 3 5 , 0 0 0 ) En d i n g F u n d B a l a n c e 41 4 , 5 2 5 3 0 4 , 4 9 5 4 4 8 , 8 5 1 1 4 4 , 3 5 6 6 3 , 1 6 5 4 1 , 1 4 4 3 1 , 7 2 4 2 2 , 6 7 4 1 3 , 5 0 4 3 , 9 9 4 5-44 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 PA G E 3 3 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 0 5 1 , 2 0 4 5 2 , 7 4 0 1 , 5 3 6 3 4 , 1 3 3 0 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 09,75 0 9 , 7 5 0 0 0 0 0 0 0 0 In t e r e s t e a r n i n g s (h ) 10 0 3 9 3 9 7 0 0 0 0 0 0 To t a l R e v e n u e 10 6 0 , 9 5 4 6 2 , 5 2 9 1 , 5 7 5 3 4 , 2 0 3 0 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 10 6 0 , 9 5 4 6 2 , 5 2 9 1 , 5 7 5 3 4 , 2 0 3 0 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 0 6 1 , 0 1 5 1 , 5 3 6 5 9 , 4 7 9 9 5 , 2 5 7 0 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 0 6 1 , 0 1 5 1 , 5 3 6 5 9 , 4 7 9 9 5 , 2 5 7 0 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 51 6 1 6 1 0 6 1 , 0 5 4 0 0 0 0 0 Pl u s : R e v e n u e s 10 6 0 , 9 5 4 6 2 , 5 2 9 1 , 5 7 5 3 4 , 2 0 3 0 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 0 ( 6 1 , 0 1 5 ) ( 1 , 5 3 6 ) 5 9 , 4 7 9 ( 9 5 , 2 5 7 ) 0 ( 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 61 0 6 1 , 0 5 4 6 1 , 0 5 4 0 0 0 0 0 0 5-45 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 PA G E 3 4 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 0 9 , 4 6 4 , 7 2 7 2 , 1 3 6 , 7 7 5 ( 7 , 3 2 7 , 9 5 2 ) 7 , 3 2 7 , 9 5 2 00 0 0 0 St o r m D r a i n U s e r F e e (a ) 1, 3 1 9 , 1 0 9 1 , 3 0 3 , 0 0 0 1 , 3 1 2 , 9 8 8 9 , 9 8 8 1 , 3 2 9 , 0 0 0 1 , 3 5 5 , 6 0 0 1 , 3 8 2 , 7 0 00 0 0 In t e r e s t e a r n i n g s (h ) 10 , 9 6 5 2 , 5 0 0 9 , 7 6 2 7 , 2 6 2 1 , 5 0 0 6 0 0 2 , 0 0 0 4 , 9 0 0 2 , 5 0 0 1 , 5 0 0 To t a l R e v e n u e 1, 3 3 0 , 0 7 4 1 0 , 7 7 0 , 2 2 7 3 , 4 5 9 , 5 2 5 ( 7 , 3 1 0 , 7 0 2 ) 8 , 6 5 8 , 4 5 2 1 , 3 5 6 , 2 0 0 1 , 3 8 4 , 7 0 0 4 , 9 0 0 2 , 5 0 0 1 , 5 0 0 To t a l E x p e n s e s 56 0 , 4 8 5 5 , 5 4 3 , 4 3 9 5 9 4 , 1 8 3 4 , 9 4 9 , 2 5 6 1 7 , 7 5 1 , 9 2 2 2 , 3 0 4 , 9 9 6 1 , 6 6 4 , 2 1 1 9 0 0 , 3 7 4 6 3 0 , 0 0 0 6 3 0 , 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 76 9 , 5 8 9 5 , 2 2 6 , 7 8 8 2 , 8 6 5 , 3 4 2 ( 2 , 3 6 1 , 4 4 6 ) ( 9 , 0 9 3 , 4 7 0 ) ( 9 4 8 , 7 9 6 ) ( 2 7 9 , 5 1 1 ) ( 8 9 5 , 4 7 4 ) ( 6 2 7 , 5 0 0 ) ( 6 2 8 , 5 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 8 , 2 9 3 , 0 0 9 8 , 2 9 3 , 0 0 9 0 0 8 2 0 , 0 0 0 3 0 0 , 0 0 0 8 0 0 , 0 0 0 6 0 0 , 0 0 0 6 0 0 , 0 0 0 To t a l T r a n s f e r I n 0 8 , 2 9 3 , 0 0 9 8 , 2 9 3 , 0 0 9 0 0 8 2 0 , 0 0 0 3 0 0 , 0 0 0 8 0 0 , 0 0 0 6 0 0 , 0 0 0 6 0 0 , 0 0 0 Fu n d T r a n s f e r O u t - t o C I P F u n d 0 0 0 0 3 6 2 , 3 6 0 00 0 0 0 To t a l T r a n s f e r O u t 0 0 0 0 3 6 2 , 3 6 0 00 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 P o s i t i o n 3, 3 6 5 , 6 1 6 3 , 5 3 1 , 6 1 5 3 , 5 3 1 , 6 1 5 0 9 , 7 2 7 , 2 4 6 2 7 1 , 4 1 6 1 4 2 , 6 2 0 1 6 3 , 1 0 9 6 7 , 6 3 5 4 0 , 1 3 5 Pl u s : R e v e n u e s 1, 3 3 0 , 0 7 4 1 0 , 7 7 0 , 2 2 7 3 , 4 5 9 , 5 2 5 ( 7 , 3 1 0 , 7 0 2 ) 8 , 6 5 8 , 4 5 2 1 , 3 5 6 , 2 0 0 1 , 3 8 4 , 7 0 0 4 , 9 0 0 2 , 5 0 0 1 , 5 0 0 Le s s : E x p e n s e s (5 6 0 , 4 8 5 ) ( 5 , 5 4 3 , 4 3 9 ) ( 5 9 4 , 1 8 3 ) 4 , 9 4 9 , 2 5 6 ( 1 7 , 7 5 1 , 9 2 2 ) ( 2 , 3 0 4 , 9 9 6 ) ( 1 , 6 6 4 , 2 1 1 ) ( 9 0 0 , 3 7 4 ) ( 6 3 0 , 0 0 0 ) ( 6 3 0 , 0 0 0 ) Pl u s : T r a n s f e r I n 0 8 , 2 9 3 , 0 0 9 8 , 2 9 3 , 0 0 9 0 0 8 2 0 , 0 0 0 3 0 0 , 0 0 0 8 0 0 , 0 0 0 6 0 0 , 0 0 0 6 0 0 , 0 0 0 Le s s : T r a n s f e r s O u t 0 0 0 0 ( 3 6 2 , 3 6 0 ) 00 0 0 0 Le s s : W o r k i n P r o c e s s (6 0 3 , 5 9 0 ) 0 ( 4 , 9 6 2 , 7 2 0 ) 0 0 00 0 0 0 Un r e s t r i c t e d N e t P o s i t i o n 3, 5 3 1 , 6 1 5 1 7 , 0 5 1 , 4 1 2 9 , 7 2 7 , 2 4 6 ( 2 , 3 6 1 , 4 4 6 ) 2 7 1 , 4 1 6 1 4 2 , 6 2 0 1 6 3 , 1 0 9 6 7 , 6 3 5 4 0 , 1 3 5 1 1 , 6 3 5 In v e s t e d i n C a p i t a l A s s e t s 13 , 3 5 6 , 2 5 9 1 8 , 3 1 8 , 9 8 0 To t a l N e t P o s i t i o n 16 , 8 8 7 , 8 7 4 2 8 , 0 4 6 , 2 2 6 5-46 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 PA G E 3 5 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 ) 0 1 , 1 0 0 0 ( 1 , 1 0 0 ) 8 2 0 6 4 0 3 , 3 2 0 5 , 4 1 0 4 , 6 1 0 2 , 5 4 0 To t a l R e v e n u e 0 1 , 1 0 0 0 ( 1 , 1 0 0 ) 8 2 0 6 4 0 3 , 3 2 0 5 , 4 1 0 4 , 6 1 0 2 , 5 4 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 ) 52 , 6 0 6 1 1 8 , 4 0 0 4 9 , 7 1 2 6 8 , 6 8 8 1 4 4 , 1 0 0 9 7 , 6 0 0 9 9 , 6 0 0 1 0 1 , 7 0 0 1 0 4 , 1 0 0 1 0 6 , 6 0 0 To t a l E x p e n d i t u r e s 52 , 6 0 6 1 1 8 , 4 0 0 4 9 , 7 1 2 6 8 , 6 8 8 1 4 4 , 1 0 0 9 7 , 6 0 0 9 9 , 6 0 0 1 0 1 , 7 0 0 1 0 4 , 1 0 0 1 0 6 , 6 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 (5 2 , 6 0 6 ) ( 1 1 7 , 3 0 0 ) ( 4 9 , 7 1 2 ) 6 7 , 5 8 8 ( 1 4 3 , 2 8 0 ) ( 9 6 , 9 6 0 ) ( 9 6 , 2 8 0 ) ( 9 6 , 2 9 0 ) ( 9 9 , 4 9 0 ) ( 1 0 4 , 0 6 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 60 , 0 0 0 1 0 6 , 0 0 0 1 0 6 , 0 0 0 0 7 0 , 0 0 0 4 0 , 0 0 0 4 1 , 0 0 0 4 2 , 0 0 0 4 3 , 0 0 0 4 4 , 0 0 0 To t a l T r a n s f e r s I n 60 , 0 0 0 1 0 6 , 0 0 0 1 0 6 , 0 0 0 0 7 0 , 0 0 0 4 0 , 0 0 0 4 1 , 0 0 0 4 2 , 0 0 0 4 3 , 0 0 0 4 4 , 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 30 2 , 3 3 0 3 0 9 , 7 2 4 3 0 9 , 7 2 4 0 3 6 6 , 0 1 2 2 9 2 , 7 3 2 2 3 5 , 7 7 2 1 8 0 , 4 9 2 1 2 6 , 2 0 2 6 9 , 7 1 2 Pl u s : R e v e n u e s 0 1 , 1 0 0 0 ( 1 , 1 0 0 ) 8 2 0 6 4 0 3 , 3 2 0 5 , 4 1 0 4 , 6 1 0 2 , 5 4 0 Le s s : E x p e n d i t u r e s (5 2 , 6 0 6 ) ( 1 1 8 , 4 0 0 ) ( 4 9 , 7 1 2 ) 6 8 , 6 8 8 ( 1 4 4 , 1 0 0 ) ( 9 7 , 6 0 0 ) ( 9 9 , 6 0 0 ) ( 1 0 1 , 7 0 0 ) ( 1 0 4 , 1 0 0 ) ( 1 0 6 , 6 0 0 ) Pl u s : T r a n s f e r s I n 60 , 0 0 0 1 0 6 , 0 0 0 1 0 6 , 0 0 0 0 7 0 , 0 0 0 4 0 , 0 0 0 4 1 , 0 0 0 4 2 , 0 0 0 4 3 , 0 0 0 4 4 , 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 9 , 7 2 4 2 9 8 , 4 2 4 3 6 6 , 0 1 2 6 7 , 5 8 8 2 9 2 , 7 3 2 2 3 5 , 7 7 2 1 8 0 , 4 9 2 1 2 6 , 2 0 2 6 9 , 7 1 2 9 , 6 5 2 5-47 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 4 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 1 - 1 2 BU D G E T FY 1 2 - 1 3 AC T U A L FY 1 2 - 1 3 VA R I A N C E FY 1 2 - 1 3 RE V I S E D BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 PA G E 3 6 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 ) 5 5 , 9 0 0 7 ( 5 , 8 9 3 ) 3 , 3 0 0 2 , 3 0 0 1 4 , 4 0 0 3 0 , 2 0 0 3 6 , 6 0 0 3 6 , 7 0 0 To t a l R e v e n u e 5 5 , 9 0 0 7 ( 5 , 8 9 3 ) 3 , 3 0 0 2 , 3 0 0 1 4 , 4 0 0 3 0 , 2 0 0 3 6 , 6 0 0 3 6 , 7 0 0 Ex p e n d i t u r e s St o r m D r a i n U s e r F e e (a ) 2,890 3 , 0 0 0 2 , 8 9 0 1 1 0 3 , 0 0 0 3 , 0 0 0 3 , 1 0 0 0 0 0 Op e r a t i o n s (b ) 87 , 0 7 8 1 0 6 , 9 0 0 9 1 , 3 8 8 1 5 , 5 1 2 6 8 , 9 3 5 6 7 , 3 0 0 6 8 , 7 0 0 7 0 , 2 0 0 7 1 , 9 0 0 7 3 , 6 0 0 To t a l E x p e n d i t u r e s 89 , 9 6 8 1 0 9 , 9 0 0 9 4 , 2 7 8 1 5 , 6 2 2 7 1 , 9 3 5 7 0 , 3 0 0 7 1 , 8 0 0 7 0 , 2 0 0 7 1 , 9 0 0 7 3 , 6 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 (8 9 , 9 6 3 ) ( 1 0 4 , 0 0 0 ) ( 9 4 , 2 7 1 ) 9 , 7 2 9 ( 6 8 , 6 3 5 ) ( 6 8 , 0 0 0 ) ( 5 7 , 4 0 0 ) ( 4 0 , 0 0 0 ) ( 3 5 , 3 0 0 ) ( 3 6 , 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 2 0 , 0 0 0 3 5 , 0 0 0 3 6 , 0 0 0 3 7 , 0 0 0 3 8 , 0 0 0 3 9 , 0 0 0 To t a l T r a n s f e r s I n 0 0 0 0 2 0 , 0 0 0 3 5 , 0 0 0 3 6 , 0 0 0 3 7 , 0 0 0 3 8 , 0 0 0 3 9 , 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 29 2 , 7 7 7 2 0 2 , 8 1 4 2 0 2 , 8 1 4 0 1 0 8 , 5 4 3 5 9 , 9 0 8 2 6 , 9 0 8 5 , 5 0 8 2 , 5 0 8 5 , 2 0 8 Pl u s : R e v e n u e s 5 5 , 9 0 0 7 ( 5 , 8 9 3 ) 3 , 3 0 0 2 , 3 0 0 1 4 , 4 0 0 3 0 , 2 0 0 3 6 , 6 0 0 3 6 , 7 0 0 Le s s : E x p e n d i t u r e s (8 9 , 9 6 8 ) ( 1 0 9 , 9 0 0 ) ( 9 4 , 2 7 8 ) 1 5 , 6 2 2 ( 7 1 , 9 3 5 ) ( 7 0 , 3 0 0 ) ( 7 1 , 8 0 0 ) ( 7 0 , 2 0 0 ) ( 7 1 , 9 0 0 ) ( 7 3 , 6 0 0 ) Pl u s : T r a n s f e r s I n 0 0 0 0 2 0 , 0 0 0 3 5 , 0 0 0 3 6 , 0 0 0 3 7 , 0 0 0 3 8 , 0 0 0 3 9 , 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 20 2 , 8 1 4 9 8 , 8 1 4 1 0 8 , 5 4 3 9 , 7 2 9 5 9 , 9 0 8 2 6 , 9 0 8 5 , 5 0 8 2 , 5 0 8 5 , 2 0 8 7 , 3 0 8 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 0 2 , 8 1 4 1 , 1 0 8 , 5 4 3 1 , 0 5 9 , 9 0 8 5-48 EX H I B I T C - 1 CI P F U N D P R O J E C T S T Y P E AC T U A L FY 1 1 - 1 2 AC T U A L FY 1 2 - 1 3 BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 F U N D I N G S O U R C E E ng i ne e r i ng a n d G ra n t Ad m i n i s t r a t i o n Ad m i n 21 , 5 4 8 1 2 , 9 8 9 5 0 , 0 0 0 1 5 0 , 0 0 0 12 0 , 0 0 0 1 2 0 , 0 0 0 1 2 0 , 0 0 0 1 2 0 , 0 0 0 CI P I n t er e s t Ea r n i n g s / R e s e r v e In f r a s t r u c t u r e R e p o r t C a r d Ad m i n 54 , 5 0 0 CI P R e s e r v e AD A T r a n s i t i o n P l a n P r o j e c t s Bu i l d i n g s 24 , 4 3 2 3 7 5 , 0 0 0 4 0 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 EE T / C I P R e s e r v e Fi b er O p ti c - Ab C ov e S ew e r St a t i o n s / S h o r e l i n e P k / L a d e r a Li n d a Bu i l d i n g s 1, 6 0 0 , 0 0 0 CI P R e s e r v e H es s e P ar k M u lt i -P ur p o s e Ro o m A u d i o / V i s u a l U p g r a d e Bu i l d i n g s 17 5 , 0 0 0 CI P R e s e r v e RP V TV B u il d i ng Im p r o v e m e n t s Bu i l d i n g s 11 0 , 0 0 0 CI P R e s e r v e H es s e P ar k/ R ya n P ar k Fi b er Op t i c C a b l i n g Bu i l d i n g s 60 , 0 0 0 2 6 0 , 0 0 0 CI P R e s e r v e L a d er a Li n d a C om m u n it y Ce n t e r R e p l a c e m e n t Bu i l d i n g s 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 Bu i l d i n g s 38 , 0 0 0 CI P R e s e r v e W a l l o f H o n o r Bu i l d i n g s 40 , 0 0 0 CI P R e s e r v e He s s e P a r k - S o l a r S y s t e m Bu i l d i n g s 38 5 , 0 0 0 Gr a n t PV I C - S o l a r S y s t e m Bu i l d i n g s 41 0 , 0 0 0 Gr a n t N ew L an d s li d e D ew a t er i ng W e l l s La n d s l i d e 17 0 , 0 0 0 1 8 0 , 0 0 0 4 5 0 , 0 0 0 4 5 0 , 0 0 0 1 8 0 , 0 0 0 1 8 0 , 0 0 0 CI P R e s e r v e L an d s li d e E ar l y W ar n i ng Sy s t e m La n d s l i d e 30 0 , 0 0 0 CI P R e s e r v e Ab a l on e C ov e Sh or e li ne P ar k - P a r k i n g L o t Pa r k s / O p e n S p a c e 33 2 , 0 0 0 Qu i m b y Ab a l on e C ov e Sh or e li ne P ar k - S t a f f Bl d g / R e s t r o o m s / D r i v e w a y Pa r k s / O p e n S p a c e 10 8 , 0 0 0 CI P R e s e r v e Ab a l on e C ov e Sh or e li ne P ar k - P a r k I m p r o v e m e n t s Pa r k s / O p e n S p a c e 16 , 3 8 3 6 4 8 , 7 9 3 Gr a n t / C I P R e s e r v e Ab a l on e C ov e B ea c h A cc e s s Ro a d R e h a b Pa r k s / O p e n S p a c e 10 0 , 0 0 0 CI P R e s e r v e B ro n c o , M ar ti ng a l e & Gr a y s l a k e T r a i l s - D e s i g n Pa r k s / O p e n S p a c e 50 , 0 0 0 Qu i m b y Ca l i f o r n i a C o a s t a l T r a i l Pa r k s / O p e n S p a c e 41 , 0 7 7 1 2 6 , 3 2 8 4 6 1 , 6 3 6 Gr a n t / C I P R e s e r v e Su n n y s i d e S e g m e n t T r a i l Pa r k s / O p e n S p a c e 46 5 , 0 0 0 Gr a n t / C I P R e s e r v e E as t v i ew P ar k Pl ay g r o u n d Im p r o v e m e n t s Pa r k s / O p e n S p a c e 59 , 3 5 5 1 8 2 , 9 8 2 K na b e M ea s u r e A Gr a n t / C I P R e s e r v e Ga t e w a y P a r k D e v e l o p m e n t Pa r k s / O p e n S p a c e 35 , 6 2 5 2 0 0 , 0 0 0 CI P R e s e r v e He s s e P a r k P a r k i n g L o t Pa r k s / O p e n S p a c e 21 0 , 0 0 0 CI P R e s e r v e L a d er a Li n d a Si t e M as t er Pl a n Pa r k s / O p e n S p a c e 10 0 , 0 0 0 CI P R e s e r v e L ow e r H es s e /G ra n d v i ew P ar k Im p r o v e m e n t s Pa r k s / O p e n S p a c e 10 3 , 2 1 6 1 9 , 1 4 1 1 6 , 8 5 9 1 , 0 0 0 , 0 0 0 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 Pa r k s / O p e n S p a c e 10 , 0 0 0 CI P R e s e r v e PV I C - B u il d i ng Si gn & Sc r e e n i n g W a l l Pa r k s / O p e n S p a c e 11 0 , 0 0 0 CI P R e s e r v e PV I C E x h i b i t s Pa r k s / O p e n S p a c e 40 0 , 0 0 0 Do n a t i o n s PV I C L a n d s c a p i n g Pa r k s / O p e n S p a c e 40 0 , 0 0 0 Do n a t i o n s Ea s t v i e w D o g P a r k Pa r k s / O p e n S p a c e 50 , 0 0 0 CI P R e s e r v e G ra n d v i ew P ar k Im p r o v e m e n t s Pa r k s / O p e n S p a c e 63 5 , 0 0 0 CI P R e s e r v e R ya n P ar k P ar ki ng L o t Ex p a n s i o n Pa r k s / O p e n S p a c e 43 0 , 0 0 0 Qu i m b y / C I P R e s e r v e R ya n P ar k R es t ro o m Im p r o v e m e n t s Pa r k s / O p e n S p a c e 21 0 , 4 6 3 5 6 , 6 7 0 CI P R e s e r v e R ya n P ar k S ou th er n En t r a n c e R o a d - D e s i g n Pa r k s / O p e n S p a c e 10 , 3 5 3 2 3 , 2 9 8 2 0 6 , 3 4 9 CI P R e s e r v e 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 4 F I V E - Y E A R F I N A N C I A L M O D E L 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 5-49 EX H I B I T C - 1 CI P F U N D P R O J E C T S T Y P E AC T U A L FY 1 1 - 1 2 AC T U A L FY 1 2 - 1 3 BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 F U N D I N G S O U R C E 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 4 F I V E - Y E A R F I N A N C I A L M O D E L 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 R ya n P ar k St a ff B u il d i ng Re h a b i l i t a t i o n Pa r k s / O p e n S p a c e 50 , 0 0 0 CI 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 Pa r k s / O p e n S p a c e 14 3 , 0 0 0 Qu i m b y / C I P R e s e r v e Sh or e li ne P ar k E ro s i on Co n t r o l Pa r k s / O p e n S p a c e 7, 6 4 5 2 7 , 3 5 5 CI P R e s e r v e Ab a l o n e C o v e Se w e r 56 7 , 0 0 0 CI P R e s e r v e Ba s s w o o d A v e n u e Se w e r 11 4 , 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 Se w e r 20 3 , 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 Se w e r 24 7 , 2 7 5 CI P R e s e r v e Ma l a g a C a n y o n Se w e r 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 Se w e r 46 5 , 0 0 0 CI P R e s e r v e P a l os V er d es D r i ve E as t Se w e r R e l o c a t i o n Se w e r 11 3 , 9 8 2 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 Se w e r 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 Se w e r 19 9 , 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 Se w e r 12 2 , 0 0 0 CI P R e s e r v e Ab a l on e C ov e S ew e r Di s t r i c t Re h a b i l i t a t i o n Se w e r 50 0 , 0 0 0 5 0 0 , 0 0 0 5 0 0 , 0 0 0 5 0 0 , 0 0 0 CI P R e s e r v e A r t er i a l M e di an Im p r o v e m e n t s ( P V D W ) St r e e t s 26 , 8 1 0 47 3 , 6 9 0 Be a u t i f i c a t i o n F u n d Ar t e r i a l S t r e e t R e h a b St r e e t s 2, 2 0 2 , 3 3 6 1 4 4 , 3 3 3 3 , 2 6 7 , 8 1 0 2 , 5 0 0 , 0 0 0 2 0 0 , 0 0 0 2 , 6 0 0 , 0 0 0 1 , 8 0 0 , 0 0 0 1 , 8 0 0 , 0 0 0 M ea s u r e R/ P ro p C& A / S T P L / C I P R e s e r v e C re n s h aw A ve - Ut i l i t y Un d e r g r o u n d i n g St r e e t s 1, 2 0 0 , 0 0 0 Ru l e 2 0 A F u n d s H aw th on e Bl v d - T ra ff i c Si g n a l S y n c h r o n i z a t i o n St r e e t s 6, 0 0 7 5 , 0 0 0 7 7 4 , 5 2 5 Gr a n t / C I P R e s e r v e H aw th or n e Bl v d - P e d es t r i an Im p r o v e m e n t s St r e e t s 13 9 , 8 1 8 3 6 , 5 7 3 1 , 2 4 6 , 1 9 0 Gr a n t / C I P R e s e r v e H aw th or n e Bl v d - C or r id or Be a u t i f i c a t i o n S t u d y St r e e t s 15 0 , 0 0 0 CI P R e s e r v e P av e m e n t M an a g e m e n t Pl an Up d a t e St r e e t s 38 , 8 6 3 8 1 , 1 3 7 12 0 , 0 0 0 CI P R e s e r v e PV D E - E ar l y A c ti on S a f e t y Im p r o v e m e n t s St r e e t s 27 3 , 1 1 4 Gr a n t / C I P R e s e r v e PV D E - H ea dl an d S a f e t y Im p r o v e m e n t s St r e e 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 PV D S - Bi k ew a y S a f e t y Pr o j e c t St r e e t s 36 0 4 , 9 8 0 7 8 8 , 9 0 5 Gr a n t / C I P R e s e r v e PV D S - L an d s li d e R oa d wa y Re a l i g n m e n t a n d D r a i n a g e St r e e t s 50 0 , 0 0 0 3, 0 6 0 , 0 0 0 CI P R e s e r v e PV D S - R ea li gn E as t E n d o f La n d s l i d e St r e e t s 13 , 9 4 0 2 7 2 , 4 8 5 CI P R e s e r v e Re s i d e n t i a l S t r e e t R e h a b St r e e t s 7, 3 0 9 1 , 5 8 9 , 7 0 5 5 , 1 8 0 , 3 6 9 3 , 0 0 0 , 0 0 0 2 , 0 0 0 , 0 0 0 2 , 0 0 0 , 0 0 0 2 , 1 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 T ra ff i c Si gn a l - Cr e n s h a w / C r e s t r i d g e St r e e t s 14 9 , 1 6 0 Gr a n t / C I P R e s e r v e W es t er n A ve - T ra ff i c Im p r o v e m e n t s St r e e t s 3, 2 0 0 , 0 0 0 O u t s id e A ge n c y C on t r ib / C I P Re s e r v e D ra i na g e A re a M on it or i ng Sy s t e m W a t e r Q u a l i t y 20 0 , 0 0 0 3 0 0 , 0 0 0 CI P R e s e r v e St or m W a t er Q ua li t y Re g i o n a l P r o j e c t W a t e r Q u a l i t y 20 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 CI P R e s e r v e Ot h e r S m a l l P r o j e c t s Va r i o u s 58 , 1 0 0 5 4 , 6 1 6 Va r i o u 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, 9 3 9 , 4 3 1 2 , 5 1 1 , 6 7 1 1 8 , 7 4 0 , 9 8 7 9 , 3 3 5 , 0 0 0 5 , 9 8 5 , 3 0 0 6 , 8 9 5 , 0 0 0 9 , 9 0 0 , 0 0 0 1 3 , 8 4 5 , 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 a g 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 o n P a g e 8 o f t h e M o d e l . 5-50 EX H I B I T C - 2 AC T U A L FY 0 8 - 0 9 AC T U A L FY 0 9 - 1 0 AC T U A L FY 1 0 - 1 1 AC T U A L FY 1 1 - 1 2 AC T U A L FY 1 2 - 1 3 BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 1 1 , 5 6 5 , 6 1 7 7 , 8 8 9 , 6 9 1 7 , 6 9 6 , 9 8 0 9 , 5 0 1 , 4 8 0 9 , 8 9 9 , 1 8 0 8 , 5 0 7 , 0 8 0 T ra n s f er f ro m G en e r a l F un 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 T ra n s f er f ro m G en e r a l F un 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 , 7 9 0 , 3 5 9 3 , 9 4 8 , 7 0 0 4 , 2 5 5 , 8 0 6 4 , 1 0 9 , 0 0 0 4 , 1 9 7 , 7 0 0 4 , 2 9 6 , 6 0 0 4 , 4 0 0 , 5 0 0 T ra n s f er f ro m G en e r a l F un d (G e n e r a l L i a b i l i t y R e b a t e ) 56 3 , 5 5 4 T ra n s f er f ro m G en e r a l F un d (E q u a l t o P Y E x p S a v i n g s ) 1, 1 8 4 , 8 9 7 1 , 7 0 9 , 0 5 7 T ra n s f er f ro m G en e r a l F un d (O t h e r P r o j e c t s ) T i m i n g Di f f / S a v i n g s ** 4, 0 7 7 , 5 7 4 ( 1 , 7 3 5 , 6 8 2 ) 2 , 0 1 7 , 6 3 6 55 4 , 0 6 1 ( 1 9 , 0 6 4 ) ( 3 , 9 7 1 , 7 5 3 ) 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 4 , 6 7 8 2 0 , 4 0 0 1 7 , 3 0 0 1 0 8 , 2 0 0 2 8 5 , 0 0 0 3 6 1 , 3 0 0 3 1 0 , 5 0 0 E ng i ne e r i ng a n d G ra n t Ad m i n i s t r a t i o n (7 , 3 2 5 ) ( 2 1 , 5 4 8 ) ( 1 2 , 9 8 9 ) ( 5 0 , 0 0 0 ) ( 1 5 0 , 00 0 ) ( 1 2 0 , 0 0 0 ) ( 1 2 0 , 0 0 0 ) ( 1 2 0 , 0 0 0 ) ( 1 2 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 0 , 0 0 0 ) In f r a s t r u c t u r e R e p o r t C a r d (5 , 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 ) ( 1 9 , 14 1 ) ( 1 6 , 8 5 9 ) ( 1 , 0 0 0 , 0 0 0 ) He s s e P a r k P a r k i n g L o t (2 1 0 , 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 2 , 9 8 2 ) 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 2 6 , 3 2 8 ) Sa l v a t i o n A r m y T r a i l (1 4 3 , 0 0 0 ) 1 0 3 , 0 0 0 Su n n y s i d e S e g m e n t T r a i l (1 6 5 , 0 0 0 ) Ga t e w a y P a r k D e v e l o p m e n t (3 5 , 6 2 5 ) ( 2 0 0 , 0 0 0 ) Ab a l on e C ov e B u il d i ng & Dr i v e w a y (1 0 8 , 0 0 0 ) Ab a l o n e C o v e P a r k i n g L o t (3 3 2 , 0 0 0 ) 3 3 2 , 0 0 0 Ab a l on e C ov e Sh or e li ne P ar k Im p r o v e m e n t s (3 , 6 1 7 ) Ab a l on e C ov e B ea c h A cc e s s Ro a d R e h a b (1 0 0 , 0 0 0 ) Ry a n P a r k R e s t r o o m s (2 1 0 , 8 4 3 ) ( 5 6 , 6 7 0 ) Ry a n P a r k S o u t h E n t r a n c e (2 0 6 , 3 4 9 ) R ya n P ar k P ar ki ng L o t Im p r o v e m e n t s (4 3 0 , 0 0 0 ) 4 0 0 , 0 0 0 R ya n P ar k St a ff B u il d i ng Re h a b i l i t a t i o n (5 0 , 0 0 0 ) Sh or e li ne P ar k E ro s i on Co n t r o l (2 7 , 3 5 5 ) PV I C S c r e e n i n g W a l l (1 1 0 , 0 0 0 ) Ea s t v i e w D o g P a r k (5 0 , 0 0 0 ) G ra n d v i ew P ar k Im p r o v e m e n t s (6 3 5 , 0 0 0 ) S an R am o n C an y o n St a b i l i z a t i o n (8 , 2 9 3 , 0 0 9 ) W Q F P S u b s i d y (8 2 0 , 0 0 0 ) ( 3 0 0 , 0 0 0 ) ( 8 0 0 , 0 0 0 ) ( 6 0 0 , 0 0 0 ) ( 6 0 0 , 0 0 0 ) H aw th or n e T ra ff i c Si gn a l Sy n c h r o n i z a t i o n (2 3 , 5 1 3 ) H aw th or n e P e d es t r i an Ac c e s s I m p r o v e m e n t s (5 2 , 6 6 3 ) H aw th or n e C or r id or Be a u t i f i c a t i o n S t u d y (1 5 0 , 0 0 0 ) PV D S B i k e w a y I m p r o v e m e n t s (1 5 8 , 9 0 5 ) F u t ur e R es id en ti a l St re e t Re h a b P r o j e c t s 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 4 F I V E - Y E A R F I N A N C I A L M O D E L 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 5-51 EX H I B I T C - 2 AC T U A L FY 0 8 - 0 9 AC T U A L FY 0 9 - 1 0 AC T U A L FY 1 0 - 1 1 AC T U A L FY 1 1 - 1 2 AC T U A L FY 1 2 - 1 3 BU D G E T FY 1 3 - 1 4 PR O P O S E D 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 MO D E L FY 1 8 - 1 9 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 4 F I V E - Y E A R F I N A N C I A L M O D E L 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 F u t ur e A r t er i a l St re e t R e h a b Pr o j e c t s (6 6 , 1 2 5 ) ( 6 3 0 , 7 3 1 ) ( 1 , 0 4 5 , 8 1 7 ) ( 3 5 , 00 0 ) ( 1 , 4 3 5 , 0 0 0 ) ( 1 , 0 8 5 , 0 0 0 ) ( 5 8 5 , 0 0 0 ) P av e m e n t M an a g e m e n t Pl an Up d a t e (3 8 , 8 6 3 ) ( 8 1 , 1 3 7 ) (1 2 0 , 0 0 0 ) PV D E - H ea dl an d S a f e t y Im p r o v e m e n t s (4 1 , 7 0 0 ) (1 2 , 7 0 0 ) PV D S - R ea li gn E as t E n d o f La n d s l i d e (1 3 , 9 4 0 ) ( 5 2 7 , 4 8 5 ) PV D S - L an d s li d e R oa d wa y Re 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 , 0 6 0 , 0 0 0 ) W es t er n A ve - T ra ff i c Im 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 4 , 4 3 2 ) ( 2 5 , 0 0 0 ) ( 3 0 0 , 0 0 0 ) ( 1 1 5 , 00 0 ) ( 1 1 5 , 0 0 0 ) ( 1 1 5 , 0 0 0 ) ( 1 1 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 ) W e 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 S e w e r (5 6 7 , 0 0 0 ) Ir o n w o o d S t r e e t S e w e r (2 4 7 , 2 7 5 ) PV D S a t S c h oo n e r D r i ve Se w e r (6 0 3 , 0 0 0 ) PV D S a t S ea C ov e D r i ve Se w e r (1 9 9 , 0 0 0 ) Gi n g e r R o o t L a n e S e w e r (2 0 3 , 0 0 0 ) Ma l a g a C a n y o n S e w e r (4 0 7 , 0 0 0 ) Mi sc e ll an e o u s S ew e r Pr o j e c t s (4 6 5 , 0 0 0 ) Ab a l on e C ov e S ew e r Di s t r i c t Re h a b i l i t a t i o n (5 0 0 , 0 0 0 ) ( 5 0 0 , 0 0 0 ) ( 5 0 0 , 0 0 0 ) ( 5 0 0 , 0 0 0 ) C a b e TV B u il d i ng Im p r o v e m e n t s (1 1 0 , 0 0 0 ) H es s e P ar k/ R ya n P ar k Fi b er Op t i c C a b l i n g (6 0 , 0 0 0 ) ( 2 6 0 , 0 0 0 ) H es s e P ar k M u lt i -P ur p o s e Ro 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 ) W a l l o f H o n o r (4 0 , 0 0 0 ) Fi b er O p ti c - Ab C ov e S ew e r Li f t S t n s / S h o r e l i n e P k / L a d e r a Li n d a (1 , 6 0 0 , 0 0 0 ) L a d er a Li n d a C om m u n it y Ce n t e r R e p l a c e m e n t (4 , 0 0 0 , 0 0 0 ) D ra i na g e A re a M on it or i ng Sy s t e m (2 0 0 , 0 0 0 ) ( 3 0 0 , 0 0 0 ) St or m W a t er Q ua li t y Re g i o n a l P r o j e c t (2 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 ) L an d s li d e E ar l y W ar n i ng Sy s t e m (3 0 0 , 0 0 0 ) N ew L an d s li d e D ew a t er i ng W e l l s (1 7 0 , 0 0 0 ) ( 1 8 0 , 0 0 0 ) ( 4 5 0 , 0 0 0 ) ( 4 5 0 , 0 0 0 ) ( 1 8 0 , 0 0 0 ) ( 1 8 0 , 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 1 1 , 5 6 5 , 6 1 7 7 , 8 8 9 , 6 9 1 7 , 6 9 6 , 9 8 0 9 , 5 0 1 , 4 8 0 9 , 8 9 9 , 1 8 0 8 , 5 0 7 , 0 8 0 3 , 3 2 3 , 0 8 0 ** P r o j e c t s f u n d e d b y t r a n s f e r s f r o m t h e G e n e r a l F u n d m a y n o t b e c o m p l e t e d i n t h e ye a r o f t h e f un d i n g t r a n s f e r . T h e r e f o r e , p r o j e c t s p e n d m a y o c c u r i n a s u b s e q u e n t ye a r . A n y s a v i n g s d e r i v e d f r o m pr o j e c t s f u n d e d b y t h e G e n e r a l F u n d i s r e t a i n e d i n t h e C I P R es e r v e . A m ou n t s r e p o r t e d o n t h i s l i n e t o t a l $9 2 2 , 7 7 2 , w h i c h r e p r e s e n t s p r o j e c t s a v i n g s o v e r 6 y e a r s . 5-52 W Q F P F U N D P R O J E C T S T Y P E AC T U A L FY 1 1 - 1 2 AC T U A L FY 1 2 - 1 3 BU D G E T FY 1 3 - 1 4 PR O P O S E D F Y 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 MO D E L FY 1 8 - 1 9 FU N D I N G S O U R C E Co n t r a c t / S t a f f E n g i n e e r s Ad m i n 1 4 3 , 4 0 9 1 6 4 , 2 8 6 1 5 1 , 3 0 0 1 6 2 , 2 0 0 1 4 7 , 8 3 1 1 5 2 , 2 6 6 U s e r F e e s La n d A c q u i s i t i o n Ad m i n 1 9 , 7 5 0 U s e r F e e s Lo w e r S a n R a m o n C a n y o n St a b i l i z a t i o n Ba c k b o n e 6 7 5 , 7 0 8 4 , 0 6 7 , 7 0 2 1 3 , 8 8 1 , 9 0 1 U s e r F e e s / C I P R e s e r v e 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 Ba c k b o n e 6 3 , 5 2 1 Us e r F e e s PV D E S a n P e d r o C a n y o n Ba c k b o n e S y s t e m Ba c k b o n e 1 4 , 5 6 0 2 3 7 , 3 1 8 7 , 9 9 6 U s e r F e e s A lt a m i r a C a n y o n D r a i n a g e Pr o j e c t S t u d y R e p o r t Ba c k b o n e 5 0 0 , 0 0 0 C I P R e s e r v e Pa i n t b r u s h C a n y o n D r a i n a g e Pr o j e c t S t u d y R e p o r t Ca p a c i t y / S e c o n d a r y 1 2 0 , 0 0 0 U s e r F e e s / C I P R e s e r v e PV D E L o w e r S w i t c h b a c k s Ca p a c i t y / S e c o n d a r y 4 8 5 , 0 0 0 U s 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 ) Ca p a c i t y / S e c o n d a r y 4 4 6 , 0 0 0 U s 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 Ca p a c i t y / S e c o n d a r y 4 4 0 , 0 0 0 U s e r F e e s Vi a C o l i n i t a V i c k e r y C a n y o n Ca p a c i t y / S e c o n d a r y 2 4 2 , 5 0 0 U s e r F e e s Sa c r e d C o v e / P V D S D r a i n a g e Im p r o v e m e n t Ca p a c i t y / S e c o n d a r y 4 5 0 , 0 0 0 U s e r F e e s / C I P R e s e r v e In s t a l l a t i o n o f F i l t r a t i o n De v i c e s Fi l t r a t i o n 2 0 , 0 0 0 5 3 , 0 0 0 U s e r F e e s St o r m D r a i n L i n i n g P r o g r a m Li n i n g 1 4 7 , 6 7 5 9 0 4 , 7 8 7 7 4 8 , 7 5 9 3 3 5 , 2 7 8 3 4 0 , 8 3 6 3 4 7 , 6 5 3 3 5 0 , 0 0 0 3 5 0 , 0 0 0 U s e r F e e s / C I P R e s e r v e Ma r g u e r i t e O p e n C h a n n e l Ot h e r P r o j e c t s 4 0 0 , 0 0 0 U s e r F e e s Vi a C a n a d a S t o r m D r a i n Re h a b Ot h e r P r o j e c t s 7 1 , 8 0 1 Us e r F e e s St o r m D r a i n L i n e P o i n t R e p a i r Pr o j e c t s Ot h e r P r o j e c t s 1 5 0 , 0 0 0 9 0 0 , 0 0 0 U s e r F e e s Dr a i n a g e M a s t e r P l a n Pr o g r a m R e p a i r s / M a i n t 75 7 , 7 8 9 3 0 , 0 0 0 3 0 , 0 0 0 3 0 , 0 0 0 3 0 , 0 0 0 3 0 , 0 0 0 U s e r F e e s / C I P R e s e r v e St o r m D r a i n & F i l t r a t i o n Ma i n t e n a n c e & R e p a i r R e p a i r s / M a i n t 42 , 7 5 0 1 4 9 , 1 8 3 5 5 7 , 9 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 2 5 0 , 0 0 0 U s e r F e e s / C I P R e s e r v e T o t a l W Q F P F u n d E x p e n s e s 1 , 1 5 9 , 4 2 4 5 , 5 4 3 , 2 7 6 1 7 , 7 5 1 , 9 2 2 2 , 3 0 4 , 9 9 6 1 , 6 6 4 , 2 1 1 9 0 0 , 3 7 4 6 3 0 , 0 0 0 6 3 0 , 0 0 0 NO T E : T h e t o t a l " A c t u a l " a b o v e ( f o r F Y 1 1 - 1 2 & F Y 1 2 - 1 3 ) w i l l n o t ag r e e t o T o t a l W Q F P f u n d e x p e n s e s o n P a g e 3 4 o f t h e M o d e l , a s c e r t a i n e x p e n s e s w e r e c a p t i a l i z e d a s as s e t s . CI T Y O F R A N C H O P A L O S V E R D E S 20 1 4 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 5-53