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HomeMy WebLinkAboutItem 8.1 - 1902 Preliminary FY 2018-19 and FY 2019-20 Budge Page 1 of 10 STAFF REPORT CITY COUNCIL DATE: March 20, 2018 TO: Honorable Mayor and City Councilmembers FROM: Christopher L. Foss, City Manager SUBJECT: Preliminary Fiscal Year 2018-19 and Fiscal Year 2019-20 Budget Prepared by: Colleen Tribby, Director of Administrative Services EXECUTIVE SUMMARY: The City Council will receive an overview of the preliminary two -year General Fund budget as well as the Five-Year Capital Improvement Program proposals. The City Council will also review an update to the City’s 10-year Financial Forecast. Staff is seeking the City Council’s direction in preparing the budget. STAFF RECOMMENDATION: Receive the report and provide direction in preparing the final Fiscal Year 2018 -19 and Fiscal Year 2019-20 Budget. FINANCIAL IMPACT: The Preliminary Budget reflects total revenues of $86.4 million and total expenditures of $76.7 million in Fiscal Year 2018-19; and total revenues of $87.4 million and total expenditures of $78.4 million in Fiscal Year 2019-20. Transfers out to capital projects total $6.3 million and $3.0 million, in the two budget years respectively. This results in additions to General Fund Reserves of $3.4 million in Fiscal Year 2018-19 and $6.1 million in Fiscal Year 2019-20. If there are any additional initiatives that the City Council wishes to have considered, those will be included in the budget proposal which will receive final consideration at the Budget Hearing currently scheduled for May 15, 2018. DESCRIPTION: As in prior years, this Staff Report will focus primarily on the General Fund and on the proposed capital projects for the coming five years. No significant budgetary changes are proposed in other funds, and all fund balances are stable. Impact Fees Funds, which fluctuate with development activity, are used to fund capital projects which are listed in this report. Also included is the updated 10 -Year General Fund Forecast, which provides the context for the two-year budget proposals. Page 2 of 10 Budget and Forecast Summary The 10-Year General Fund Forecast serves as the foundation of the annual budget process in terms of guiding the City’s use of resources now to prepare for the future. Staff has been particularly focused on monitoring ongoing revenue sources that fund ongoing costs, which include rising contracted service costs, and how those impact the General Fund over time. The Proposed Budget is balanced in FY 2018-19 and FY 2019-20, with a General Fund operating surplus of $9.7 million in the first year, and $9.0 million in the second year, before contributions to capital projects and preventative maintenance. After transfers, the result is an addition to reserves of $3.4 million in Fiscal Year 2018 -19 and $6.1 million in Fiscal Year 2019-20. While Property Tax is expected to grow in both years, Sales Tax is slightly decreasing, and Development Revenues are projected to decline throughout the Forecast. While the majority of expenditure categories have been reduced in the budget proposal, contracted services costs, for both public safety and maintenance, are increasing. The 10-Year Forecast reflects a General Fund deficit by FY 2024-25 ($1.4 million), which is one year later than was reported to the City Council during the Strategic Planning meeting in February 2018. This is due to Property Tax gains in the current year, as well as significant savings in retiree health that will be realized much earlier than previously expected. In addition, expenditure budgets (except for contracted services) were reduced across departments in first year of the budget. The FY 2018-19 and FY 2019-20 General Fund Summary is included as Attachment 1, followed by the Summary of Transfers Out and the Reserves Summary (Attachments 2 and 3). The following is a discussion of operating revenue assumptions and expenditure proposals in the General Fund over the 10-year period. Revenue Assumptions Property Tax (46% of total budget) The City has benefited from the continued rise in home prices in the Bay Area, as Dublin saw double-digit median home price increases in each of the past three years. The increased home values have also led to the City being able to recapture a majority of the Proposition 8 value that lowered assessed values during the recession. Proposed Budget • Total Property Tax revenue is projected to grow $2.2 million (5.7%) in FY 2018- 19 and $2.3 million (5.7%) in FY 2019-20. • Budgeted delinquency rate of 1%. • Prop 8 recapture: growth based on projected growth in median sale price, for single family residential homes. Page 3 of 10 10-Year Forecast • CPI adjustment: 2% increase (out of a maximum of 2%) on all existing non-Prop 8 homes throughout Forecast. • Transfer of ownerships: growth based on historical averages. • Prop 8 recapture: minimal increase due to large Prop 8 recapture already occurring. Sales Tax (23% of total budget) From Fiscal Year 2013-14 to Fiscal Year 2015-16, overall sales tax grew an average of 6.5% annually. Beginning in Fiscal Year 2016 -17, the growth rate began to flatten, particularly in the Autos & Transportation sector, which makes up approximately 30 % of total sales tax revenue. In the most recent two sales quarters, while the Building and Construction, Fuel and Service Stations, and Restaurants and Hotels sectors have shown growth, auto sales have begun to decline. Accordingly, Staff has incorporated a “recessionary blip” into the two-year budget proposal, with modest growth beginning again in Fiscal Year 2020-21. Proposed Budget • Auto sales tax was virtually flat in FY 2016 -17 (year over year), after three years of average 7.8% growth. • In the second and third quarters of FY 2017-18, quarter-over-quarter auto sales tax is down an average of 7.6%. • Total Sales Tax revenue is projected to decrease $167,000 (0.8%) in FY 2018 -19 and $232,000 (1.2%) in FY 2019-20. 10-Year Forecast • Growth factor: 2.0% from FY 2020-21 onward. • No new large sales tax generators included. • All sharing agreements have been factored in with the last agreement projected to finish in FY 2022-23. Development Revenues (10% of total budget) Development revenues include revenues from permits (primarily building permits), and from planning and engineering services provided by the City that are ultimately covered by developer deposit accounts. The updated projections include anticipated activity in existing projects and do not presume any new development during the 10-year period. Accelerated activity in the current year translates to decreases beginning in Fiscal Year 2018-19. As the City Council is aware, development projects progress through various stages and the receipt of revenues and corresponding service (i.e., City cost) do not happen simultaneously. Plan check costs are typically incurred approximately 12 months after revenue has been received, meaning that as development decreases, the associated decrease in costs will lag. In anticipation of this, the City has maintained a reserve (currently at $3.2 million) to cover costs during that lag. Page 4 of 10 Two-Year Budget • Development revenues are projected to decrease $2.4 million (15.4%) in FY 2018-19 from the FY 2017-18 Amended Budget. • FY 2019-20 revenues are projected to decrease an additional $804,000 (9.7%). 10-Year Forecast • The overall long-term trend shows double-digit percent declines starting in FY 2020-21, flattening out as build-out approaches. • FY 2018-19 development revenues are projected to be 9.6% of total revenue ($8.3 million). • FY 2024–25 development revenues are projected to be 2.9% of total revenue ($2.7 million). Charges for Services Charges for services include revenue primarily from Parks and Community Services programs, as well as Waste Management Administrative Fees, collected from the City’s contracted garbage and waste collector (Amador Valley Industries), and Santa Rita revenue, whereby the County reimburses the City for costs incurred when responding to non-emergency calls at the Santa Rita Jail. Two-Year Budget • Total Charges for Services are projected to increase $695,177 (11.4%) in FY 2018-19 and $47,285 (0.7%) in FY 2019-20. • Recreation program revenues are projected to increase $449,278 (10.4%) in FY 2018-19 and remain relatively flat in FY 2019-20. The inclusion of concession revenue at The Wave added $229,564 beginning FY 2018-19. • FY 2018-19 will be the second full year of operations at The Wave. The net General Fund contribution to operations in both FY 2018-19 and FY 2019-20 is projected at $1.1 million. This is a slight variance to the estimated $1.0 million figure previously discussed with the City Council, primarily due to adjustments to revenue expectations related to swim lesson registrations. 10-Year Forecast • Charges for Services are held flat from FY 2019-20 onward. When Staff have another year of The Wave operations to inform the long-term picture, this will be revised. Expenditure Budget Proposals Most General Fund departmental expenditure budgets are adjusted each year in a relatively consistent manner, that is, they change with CPI adjustments, or are grown by another specific known factor. Examples are: − Personnel costs: these are driven by the provision of salaries and benefits as approved by the City Council. Pension and retiree health rates are set by CalPERS and actuaries, respectively, and are driven by actual investment performance, investment return expectations, demographic and mortality changes, benefit provision changes, and any additional contributions that agencies choose to make. Page 5 of 10 The Proposed Budget incorporates two major changes in this category, as discussed below. − Supplies and Services and Capital Outlay budgets: these remain generally static across departments in the two-year budget as well as the 10-Year Forecast, unless there are one-time planned purchases, such as for new software, new subscriptions or services, etc. The Proposed Budget does not contain significant changes in this category. This following section of the Staff Report discusses only the more significant expenditure proposals. Personnel Costs The two-year budget proposal reflects an updated position allocation plan, projected salaries, health rates, and retirement benefits. Total personnel costs are project ed to decrease $397,412 (2.1%) in the first year, and increase $876,088 (4.8%) in the second year. This is due primarily to the net result of the elimination of 1.0 position in the first year, and the net impact of increasing pension costs and decreasing r etiree health costs, as discussed below. New Positions The Proposed Budget includes the following changes to the City’s Position Allocation beginning in Fiscal Year 2018 -19 (cost shown is first year salary and benefits). The net difference to the General Fund is a decrease of 1.0 position, and a savings of $60,026. • Replace 1.0 Recreation Supervisor with 1.0 Recreation Manager: increase of $30,073 • Replace 1.0 Recreation Supervisor with 1.0 Recreation Technician: savings of $53,598 • Replace 2.0 Public Works Inspectors with 1.0 Senior Public Works Inspector and 1.0 Contract Analyst: increase of $13,696 • Replace 1.0 Information Services Technician II with 1.0 Budget Analyst: increase of $46,257 • Replace 1.0 GIS Coordinator with 1.0 Network Systems Coordinator: in crease of $6 • Eliminate 1.0 Office Assistant II (Two-Year Limited Term Position): savings of $87,075 Benefits Due to CalPERS lowering the discount (or expected earnings rate) from 7.5% to 7.0%, participating agencies will experience increased contributions and an increased pension liability. For the City of Dublin, this translates to an increase in pension payments by $289,820 in Fiscal Year 2018 -19, and another $275,756 in Fiscal Year 2019-20. Under the old discount rate model, Staff expected the City contribution to reach $1.7 million by Fiscal Year 2020-21; with the new rate, the City’s contribution will reach $2.3 million by then, increasing to $2.6 million by Fiscal Year 2024-25. These increases have been incorporated into the 10 -Year Forecast. Page 6 of 10 While pension payments have increased, retiree health payments are decreasing significantly, due to the City’s capping of the benefit plan for new hires (after January 1, 2016). Staff had initially projected savings of $4.0 million over 15 years, but with nearly a quarter of the City workforce turning over in the last two years, the savings from the capped benefit are being realized earlier than anticipated. Staff now expects savings of $6.9 million over the same 15-year period. Contracted Services The City contracts for Public Safety (Police and Fire), Maintenance, development and other miscellaneous services. In Fiscal Year 2018 -19, total proposed contracted services make up 64% of the overall General Fund expenditure budget. Public Safety contract costs make up 42% of the total operating budget. Police Services Increases are proposed for the Police Services contract with Alameda County Sheriff’s Office (ACSO), as shown in the table below. The City Manager continues to negotiate the terms of the contract; Staff expects the terms to be settled by the budget adopted in May 2018. Police Services Contract Changes FY Contract $ (All Funds) Increase $ Increase % Contract $, General Fund Only Increase $ Increase % 17-18 18,366,098 18,266,098 18-19 19,302,731 936,633 5.1%19,152,731 886,633 4.9% 19-20 20,310,002 1,007,271 5.2%20,210,002 1,057,271 5.5% The following factors are included: • County-approved 4% COLA for sworn personnel for both years; COLA for non - sworn is 3.5% and 3.25% for the two budget years. • 5.0% annual increase beginning in FY 2020-21. Fire Services Fire Services Contract Changes FY Contract $ (All Funds) Increase $ Increase % Contract $, General Fund Only Increase $ Increase % 17-18 12,867,286 12,538,018 18-19 13,693,401 826,115 6.4%13,204,228 666,210 5.3% 19-20 14,146,997 453,596 3.3%13,892,155 687,927 5.2% The following factors are included: • County-approved 3.0% COLA for safety personnel for both years; COLA for non - safety is 3.5% and 3.25% for the two budget years. Page 7 of 10 • A one-time budget of $300,000 is included in FY 2018 -19 for heart monitor replacements. • 4.0% annual increase beginning in FY 2020-21. Maintenance (MCE) MCE Contract Changes FY Contract $ (All Funds) Increase $ Increase % Contract $, General Fund Only Increase $ Increase % 17-18 5,516,931 4,829,511 18-19 5,891,098 374,167 6.8%5,158,925 329,414 6.8% 19-20 5,891,336 238 0.0%5,158,925 - 0.0% The following factors are included: • New park inventory: Sean Diamond Park, Fallon Sports Park Phase II, Jordan Ranch Neighborhood Park. • Full year of maintenance at The Wave included. • Costs held flat in FY 2019-20. • 4.0% annual increase beginning in FY 2020-21. Results – 10-Year Forecast As mentioned above, the General Fund operating budget is balanced in the two-year budget period. Incorporating the information in this report into the 10 -Year Forecast, however, shows a projected operating deficit of $1.4 million in Fiscal Year 2024 -25, as illustrated in the table below. Page 8 of 10 10-Year Forecast ($ in thousands) It should be noted that, while conservative assumptions have been used in the City’s major revenue categories, a full recession scenario is not included and could result in a further estimated hit of $4.8 million in one fiscal year (using the same impacts as the recession of 2009), absent any corrective action. Capital Improvement Projects The Five-Year Capital Improvement Program (CIP) totals $81.1 million, with the majority of the investment made in the Parks and Streets categories, as shown in the chart below. The proposed project list and funding sources list are included as Attachments 4 - 7. Staff has also included a separate accounting (Attachment 2) of the proposed projects that are funded by the General Fund. Page 9 of 10 Five-Year CIP Totals The proposed General Fund contribution includes funding allocated for existing projects, such as the Citywide Bicycle and Pedestrian Improvements Project, the Storm Drain Trash Capture Project, and the Dublin Sports Grounds Rehabilitation Project. Proposed General Fund contributions towards new projects include $2.0 million for HVAC Replacement at the Civic Center, $240,000 for Electric Vehicle Charging Stations, $285,000 for City Entrance Monument Signs, and $1.8 million for replacement of the Enterprise Resource Planning system (the City’s main financial and transactional software). The Fiscal Year 2018-19 proposal also includes a $1 million transfer to the City’s Equipment Replacement Fund to cover Preventative Maintena nce activities, such as the implementation of an asset management system, and Audio/Visual upgrades in the Library Community Room and Program Room. On March 8, 2018, the Heritage and Cultural Arts and the Parks and Community Service Commissions held a joint meeting and reviewed the proposed Parks and Public Arts projects. The Commissions provided individual comments but there was no consensus on formal changes to project proposals. On March 27, 2018 the Planning Commission will review all proposed projects (Parks and Public Art, Streets, and General Improvement projects) for conformance with the City’s General Plan. Note on Parks Projects At the Strategic Planning Session of February 3, 2018, the City Council asked that Fallon Sports Park Phase III be included in the five-year CIP and to revisit the proposed facilities assumed in that phase to include field space for emerging sports, such as cricket. The total project cost for the current plan is $10.4 million, funded by the Public Facility Fee (PFF) program. It is currently unknown what affect the program changes in the third phase will have on the overall costs, either positive or negative. Therefore, with the current revenue and expenditure assumptions in the PFF five -year cash flow, Page 10 of 10 inclusion of this project will potentially result in the City moving all other PFF-funded parks and facilities projects to future years. General Fund Reserves Total reserves are projected at $125.8 million at the end of FY 2018-19, an increase of $3.4 million over Fiscal Year 2017-18. The unassigned/available cash flow reserve is projected at $41.0 million, before any designation by the City Council to specific Committed reserves, and before Staff completes the necessary accounting adjustments to reserves at the end of the current fiscal year. The City Council will have the opportunity to make reserve designations during the City Council meeting of June 19, 2018. Next Steps Staff is seeking City Council the following direction on the Proposed Budget: 1) Are there any items the City Council would like staff to change, remove, or add to the budget proposal? If there are any requests, Staff would analyze those and bring them back for the City Council’s consideration at the May 15, 2018 City Council meeting. 2) Is there any other information City Council desire to see during the budget adoption on May 15, 2018? NOTICING REQUIREMENTS/PUBLIC OUTREACH: None. ATTACHMENTS: 1. General Fund Summary 2. General Fund Transfers Summary 3. General Fund Reserves Summary 4. 2018-2023 CIP - General Improvements 5. 2018-2023 CIP - Parks 6. 2018-2023 CIP - Streets 7. Future CIP Projects GENERAL FUND SUMMARY ATTACHMENT 1 PRELIMINARY 2018-19 / 2019-20 Actual 2016-17 Adopted 2017-18 Amended 2017-18 Proposed 2018-19 $ Change from PY % Change from PY Projected 2019-20 $ Change from PY % Change from PY Revenues Property Tax 36,964,785 37,971,147 39,201,147 40,130,167 2,159,020 5.7%42,407,594 2,277,427 5.7% Sales Tax 20,001,379 20,296,801 20,296,801 20,129,696 (167,105) -0.8%19,897,290 (232,406) -1.2% Development Revenue 12,350,738 9,798,859 10,720,764 8,286,433 (1,512,426) -15.4%7,482,408 (804,025) -9.7% Other Taxes 6,834,545 5,947,000 6,197,000 6,573,100 626,100 10.5%6,657,600 84,500 1.3% Licenses & Permits 318,981 309,096 309,096 272,013 (37,083) -12.0%273,147 1,134 0.4% Fines & Penalties 94,205 111,432 111,432 111,432 - 0.0%111,432 - 0.0% Interest Earnings 1,286,942 876,000 1,326,000 1,292,000 416,000 47.5%1,292,000 - 0.0% Rentals and Leases 1,117,593 1,081,672 1,081,672 1,147,218 65,546 6.1%1,153,595 6,377 0.6% Intergovernmental 258,508 198,618 198,618 234,919 36,301 18.3%234,919 - 0.0% Charges for Services 5,274,724 6,092,717 6,164,717 6,787,894 695,177 11.4%6,835,180 47,285 0.7% Community Benefit Payments 699,000 200,000 200,000 641,000 441,000 220.5%200,000 (441,000) -68.8% Other Revenue 910,561 259,235 272,800 836,026 576,791 222.5%835,010 (1,016) -0.1% Subtotal Revenues 86,111,961$ 83,142,577$ 86,080,047$ 86,441,899$ 3,299,322$ 4.0%87,380,175$ 938,276$ 1.1% Unrealized Gains/Losses (2,161,541) - Transfers In 155,861 Total Revenues 83,950,420$ 83,142,577$ 86,235,908$ 86,441,899$ 3,299,322$ 4.0%87,380,175$ 938,276$ 1.1% Expenditures Salaries & Wages 10,387,331 12,422,136 12,422,136 12,399,335 (22,801) -0.2%12,878,025 478,690 3.9% Benefits 5,409,898 6,298,523 6,378,523 5,923,912 (374,611) -5.9%6,321,310 397,398 6.7% Services & Supplies 2,077,805 3,252,530 3,176,975 3,012,494 (240,036) -7.4%3,028,168 15,674 0.5% Internal Service Fund Charges 3,040,296 3,049,881 3,049,881 3,034,573 (15,308) -0.5%3,024,309 (10,264) -0.3% Utilities 1,793,538 2,830,310 2,830,310 3,090,053 259,743 9.2%2,660,141 (429,912) -13.9% Total Contracted Services *42,600,146 46,004,428 46,933,918 48,869,315 2,864,887 6.2%50,088,034 1,218,720 2.5% Capital Outlay 935,960 469,112 533,112 163,770 (305,342) -65.1%152,381 (11,389) -7.0% Contingency - 460,000 359,000 210,000 (250,000) -54.3%210,000 - 0.0% Subtotal Expenditures 66,244,975$ 74,786,920$ 75,683,855$ 76,703,452$ 1,916,532$ 2.6%78,362,369$ 1,658,917$ 2.2% Carryovers from Prior Year 1,240,217 Contribution to OPEB/PERS Total Expenditures 66,244,975$ 74,786,920$ 76,924,072$ 76,703,452$ 1,916,532$ 2.6%78,362,369$ 1,658,917$ 2.2% Operating Impact 17,705,445$ 8,355,657$ 9,311,836$ 9,738,447$ 9,017,806$ One Time Adjustment for Accruals 1,069,534 Transfers Out (5,542,414) (2,440,629) (9,314,957) (6,333,000) (2,953,000) Impact on Total Reserves 13,232,565$ 5,915,028$ (3,121)$ 3,405,447$ 6,064,806$ TOTAL RESERVES 122,416,591$ 122,413,470$ 125,818,917$ 131,883,723$ * Contracted Services Detail (1) Actual 2016-17 Adopted 2017-18 New Amended 2017-18 Proposed 2018-19 $ Change from PY % Change from PY Projected 2019-20 $ Change from PY % Change from PY Police Services 16,356,051 18,259,770 18,259,770 19,078,235 818,465 4.5%20,145,891 1,067,656 5.6% Fire Services 11,788,015 12,402,322 12,407,822 13,125,673 723,351 5.8%13,813,253 687,579 5.2% Maintenance Services (MCE)4,484,851 4,829,511 4,833,011 5,158,925 329,414 6.8%5,158,925 - 0.0% Development 5,563,674 5,778,312 7,961,870 5,921,048 142,736 2.5%5,904,334 (16,713) -0.3% Other Contracted Services 4,407,556 4,734,513 3,471,445 5,585,434 850,921 18.0%5,065,631 (519,802) -9.3% Total Contracted Services 42,600,146$ 46,004,428$ 46,933,918$ 48,869,315$ 2,864,887$ 6.2%50,088,034$ 1,218,720$ 2.5% (1) Contracted Services Detail includes carryovers from FY 2016-17 totaling $1,193,397. GENERAL FUND TRANSFERS OUT PRELIMINARY 2018-19 / 2019-20 New Projects/Items Noted CIP Projects Funded by Reserves Proposed 18-19 Projected 19-20 HVAC Replacement - Civic Center (NEW)2,000,000 Maintenance Yard Civic Center Modifications Shannon Center Parking Lot Impr Dublin Heritage Cemetery Phase II Amador Plaza Rd Bicycle & Pad Impr Fallon Sports Park - Phase II Storm Drain Trash Capture 1,000,000 Total CIPs Funded by Reserves 3,000,000$ -$ CIP Projects Not Funded By Reserves Proposed 18-19 Projected 18-19 Citywide Bicycle and Pedestrian Impr 108,000 108,000 EV Charging Stations (NEW)240,000 City Entrance Monument Signs (NEW)285,000 ERP Replacement (NEW)1,845,000 San Ramon Rd Trail Improvements San Ramon Rd Landscape Police Services Building Sidewalk Safety ADA Transition Storm Drain Condition Dublin Sports Ground Renovation Dublin Sports Ground Rehabilitation 1,700,000 Dublin Blvd Extension Dougherty Rd to Sierra Total CIP's Not Funded by Reserves 2,333,000$ 1,953,000$ TOTAL CIP TRANSFERS 5,333,000$ 1,953,000$ Other Transfers Proposed 18-19 Projected 18-19 Transfer to Equipment Replacement 1,000,000 1,000,000 Transfers to Public Facility Fees Fund Total CIP's Not Funded by Reserves 1,000,000$ 1,000,000$ Total Transfers Out of General Fund 6,333,000$ 2,953,000$ ATTACHMENT 2 GENERAL FUND RESERVES SUMMARY PRELIMINARY 2018-19 / 2019-20 Reserve Balances Projected 2017-18 NET CHANGE Projected 2018-19 NET CHANGE Projected 2018-19 Non-Spendable 39,262$ -$ -$ -$ -$ Prepaid Expenses 39,262 - 39,262 - 39,262 Advance to Public Facility Fees - - - - - Advance to PERS Side Fund - - - - - Restricted 1,762,000$ -$ -$ -$ -$ Heritage Park Maintenance 750,000 - 750,000 - 750,000 Cemetery Endowment 60,000 - 60,000 - 60,000 Developer Contr - Downtown 873,000 - 873,000 - 873,000 Developer Contr - Nature Pk 60,000 - 60,000 - 60,000 Developer Contr - Heritage Pk 19,000 - 19,000 - 19,000 Committed 34,131,832$ (722,198)$ 116,235$ -$ 277,802$ Economic Stability 8,000,000 - 8,000,000 - 8,000,000 Public Safety Reserve 1,600,000 - 1,600,000 - 1,600,000 Downtown Public Impr 911,817 - 911,817 - 911,817 Economic Development 2,000,000 - 2,000,000 - 2,000,000 Emergency Communications 741,000 - 741,000 - 741,000 Fire Svcs OPEB 3,334,672 - 3,334,672 - 3,334,672 Innovations & New Opport 1,813,408 - 1,813,408 - 1,813,408 One-Time Initiative 1,341,408 - 1,341,408 - 1,341,408 Specific Committed Reserves - - Maintenance Facility - - - - - Cemetery Expansion 3,797,138 - 3,797,138 - 3,797,138 Fallon Sports Park 200,000 - 200,000 - 200,000 Civic Ctr Expansion - - - - - Storm Drain Trash Capture 722,197.870 (722,198) - - - Shannon Center Parking Lot - - - - - Utility Undergrounding 1,170,190 - 1,170,190 - 1,170,190 Advance to Public Facility Fee 6,000,000 - 6,000,000 - 6,000,000 Dublin Sports Ground 2,500,000 - 2,500,000 - 2,500,000 Assigned 53,026,808$ (2,000,000)$ 900,000$ -$ -$ Accrued Leave 998,235 - 998,235 - 998,235 Operating Carryovers 1,240,217 - 1,240,217 - 1,240,217 CIP Carryovers 1,739,331 - 1,739,331 - 1,739,331 Non-Streets CIP Commitments 3,879,516 - 3,879,516 - 3,879,516 Catastrophic Loss 16,468,531 - 16,468,531 - 16,468,531 Service Continuity 3,150,000 - 3,150,000 - 3,150,000 Pension Rate Stabilization Plan 2,000,000 - 2,000,000 - 2,000,000 Chevron Debt Payoff 5,238,622 - 5,238,622 - 5,238,622 Pension & OPEB 10,614,353 - 10,614,353 - 10,614,353 Fiscally Responsible Adj 325,000 - 325,000 - 325,000 Municipal Regional Permit 1,870,030 - 1,870,030 - 1,870,030 HVAC Replacement 2,000,000 (2,000,000) - - - Relocate Parks Dept 250,000 - 250,000 - 250,000 Specific Assigned Reserves - - Civic Ctr Renovation-Police 1,962,100 - 1,962,100 - 1,962,100 Façade Improvement Grants 250,000 - 250,000 - 250,000 Contribution to ISF 750,000 - 750,000 - 750,000 Fire Equipment Replacement 290,873 - 290,873 - 290,873 Unassigned 34,836,201$ 6,127,645$ 40,963,845$ 6,064,806$ 47,028,652$ Unassigned-Unrealized Gains (3,860,531) - - Unassigned (Available)38,696,732 40,963,845 47,028,652 TOTAL RESERVES 122,413,470$ 3,405,447$ 125,818,917$ 6,064,806$ 131,883,723$ ATTACHMENT 3 Project # PROJECT DESCRIPTION PRIOR YEARS 2017-18 BUDGET 2018-19 2019-20 2020-21 2021-22 2022-23 FUTURE YEARS TOTALS GI0116 Public Safety Complex - Police Services Building $1,590,429 $19,909,571 $21,500,000 GI0117 IT Infrastructure Improvement $643,142 $6,858 $250,000 $900,000 GI0509 Maintenance Yard Facility Improvements $9,904,700 $76,033 $9,980,733 GI4099 Civic Center Modification Design and Construction $3,720,388 $557,903 $4,278,291 GI5016 Annual ADA Transition Plan $23,833 $23,833 GINEW1 Cultural Arts Center $656,550 $4,943,450 $5,600,000 GINEW2 Civic Center HVAC and Roof Replacement $2,364,100 $1,000,000 $3,364,100 GINEW3 EV Charging Stations $240,000 $285,000 $525,000 GINEW4 Financial System Replacement $250,000 $2,250,000 $2,500,000 GINEW5 Library Tenant Improvements $1,660,000 $1,660,000 $15,858,659 $20,574,198 $3,104,100 $2,250,000 $656,550 $5,943,450 $1,660,000 $285,000 $50,331,957 Fund #FINANCING PRIOR YEARS 2017-18 BUDGET 2018-19 2019-20 2020-21 2021-22 2022-23 FUTURE YEARS TOTALS 1001 General Fund $8,628,528 $3,622,612 $2,240,000 $1,845,000 $285,000 $16,621,140 2811 Cable TV Facilities $77,843 $535,157 $613,000 4105 Community Buildings $656,550 $4,943,450 $5,600,000 4106 Library $1,660,000 $1,660,000 4107 Civic Center $1,835,861 $1,835,861 4401 Dublin Crossing Development Fee $1,590,429 $16,409,571 $18,000,000 6205 Internal Service Fund - Facilities Replacement $3,082,856 $364,100 $1,000,000 $4,446,956 6305 Internal Service Fund - Equipment $250,000 $405,000 $655,000 6605 IT Fund $643,142 $6,858 $250,000 $900,000 $15,858,659 $20,574,198 $3,104,100 $2,250,000 $656,550 $5,943,450 $1,660,000 $285,000 $50,331,957 2018-2023 CAPITAL IMPROVEMENT PROGRAM - GENERAL IMPROVEMENTS TOTAL COSTS TOTAL FINANCING Project # PROJECT DESCRIPTION PRIOR YEARS 2017-18 BUDGET 2018-19 2019-20 2020-21 2021-22 2022-23 FUTURE YEARS TOTALS PK0105 Emerald Glen Recreation & Aquatic Complex - Phase I $41,241,436 $3,889,509 $45,130,945 PK0115 Dublin Crossing Community Park $177,235 $7,510,305 $11,843,344 $4,469,116 $24,000,000 PK0117 Clover Park & Sunrise Park $1,781,358 $1,781,358 PK0118 Moller Ranch Neighborhood Square $1,053,000 $1,053,000 PK0215 Dublin Heritage Park Cemetery Improvements $6,928 $1,493,072 $1,500,000 PK0216 Sean Diamond Park $859,235 $2,079,294 $2,938,529 PK0217 Public Art - Dublin Crossing Community Park $427,439 $53,310 $200,000 $680,749 PK0218 Public Art - Moller Ranch Neighborhood Square $10,000 $10,000 PK0316 Shannon Center Parking Lot Improvements $107,320 $1,042,680 $1,150,000 PK0317 Public Art - Clover Park & Sunrise Park $35,600 $35,600 PK0318 Public Art - Jordan Ranch Neighborhood Park $46,980 $46,980 PK0414 Fallon Sports Park - Phase II $12,428,801 $5,654,828 $18,083,629 PK0415 Public Art - Emerald Glen Recreation and Aquatics Complex $312,716 $120,253 $432,969 PK0416 Dublin Sports Grounds Renovation $652,524 $238,576 $891,100 PK0417 Public Art - Public Safety Complex - Police Services Building $300,000 $300,000 PK0418 Public Art - Sean Diamond Park $48,000 $48,000 PK0514 Jordan Ranch Neighborhood Park $651,059 $1,817,854 $2,468,913 PK0515 Public Art - Fallon Sports Park $161,593 $118,341 $279,934 PK0518 Dublin Sports Grounds Rehabilitation $300,000 $1,700,000 $2,000,000 PKNEW1 Fallon Sports Park Phase III $2,125,776 $1,113,788 $7,120,436 $10,360,000 PKNEW2 Wallis Ranch Community Park - Phase I $938,095 $2,561,905 $3,500,000 PKNEW5 Public Art - Dog Park Art Replacement $26,680 $26,680 PKNEW6 Public Art - Fallon Sports Park Phase III $2,840 $159,990 $162,830 PKNEW7 Public Art - Dublin Sports Grounds $40,000 $40,000 PKNEW3 Mape Memorial Park Playground Replacement $300,000 $300,000 PKNEW4 Jordan Ranch Neighborhood Square $390,514 $1,049,486 $1,440,000 $56,598,846 $26,914,090 $17,104,950 $5,982,894 $8,449,045 $3,611,391 $118,661,216 2018-2023 CAPITAL IMPROVEMENT PROGRAM - PARKS TOTAL COSTS 2018-2023 CAPITAL IMPROVEMENT PROGRAM - PARKS Fund #FINANCING PRIOR YEARS 2017-18 BUDGET 2018-19 2019-20 2020-21 2021-22 2022-23 FUTURE YEARS TOTALS 1001 General Fund $3,114,248 $2,995,247 $1,700,000 $7,809,495 1005 Community Benefit Payment (GF)$1,800,000 $1,800,000 2212 Vehicle Registration Fee (ACTC)$50,000 $50,000 2302 Measure D $80,000 $80,000 2801 Public Art Fund $474,309 $1,106,613 $82,830 $399,990 $2,063,742 2904 Housing-Related Parks Grant Fund $652,524 $178,576 $831,100 4103 Community Park Improvements $13,540,768 $11,109,173 $5,273,202 $5,582,904 $8,058,531 $2,561,905 $46,126,483 4104 Neighborhood Park Improvements $1,510,294 $2,280,091 $390,514 $1,049,486 $5,230,385 4105 Community Buildings $27,237,189 $1,100,000 $28,337,189 4108 Aquatic Center $8,269,515 $8,269,515 6205 Internal Service Fund - Facilities Replacement $304,750 $300,000 $604,750 6605 IT Fund $150,000 $150,000 9999 Developer Built $7,559,639 $9,748,918 $17,308,557 $56,598,846 $26,914,090 $17,104,950 $5,982,894 $8,449,045 $3,611,391 $118,661,216TOTAL FINANCING Project # PROJECT DESCRIPTION PRIOR YEARS 2017-18 BUDGET 2018-19 2019-20 2020-21 2021-22 2022-23 FUTURE YEARS TOTALS ST0116 Tassajara Road Realignment & Widening $112,122 $408,638 $912,280 $538,150 $6,463,570 $8,434,760 ST0117 Annual Street Resurfacing $119,539 $3,308,278 $1,726,000 $1,672,000 $2,220,000 $2,220,000 $2,220,000 $13,485,817 ST0118 Iron Horse Trail Bridge at Dublin Blvd $1,522,000 $1,522,000 ST0216 Dublin Boulevard Extension $207,600 $1,190,335 $859,165 $994,450 $994,550 $59,834,000 $64,080,100 ST0217 San Ramon Road Arterial Management $19,752 $647,728 $667,480 ST0218 San Ramon Road Landscape Renovation $405 $238,660 $239,065 ST0317 Amador Valley Blvd - Wildwood Road & Stagecoach Intersections Improvements $462,010 $462,010 ST0417 Dublin Ranch Street Light Improvements $388,930 $337,090 $37,090 $37,090 $38,700 $38,700 $877,600 ST0514 San Ramon Road Trail Improvements $71,858 $101,603 $173,461 ST0517 Citywide Bicycle and Pedestrian Improvements $11,691 $999,789 $230,000 $431,000 $431,000 $431,000 $431,000 $2,965,480 ST0610 Citywide Street Storm Drain Condition Assessment $494,516 $500,893 $995,409 ST0615 Traffic Sign Inventory and Safety Review $88,350 $45,573 $133,923 ST0713 Citywide Signal Communications Upgrade $513,263 $148,382 $150,000 $150,000 $150,000 $1,111,645 ST0715 City Irrigation Improvements $122,183 $79,871 $202,054 ST0815 Amador Plaza Road Bicycle and Pedestrian Improvements $497,117 $916,532 $1,413,649 ST0911 Dougherty Road Improvements Sierra Lane to North City Limit $10,740,821 $12,288,626 $23,029,447 ST1012 Dublin Boulevard Improvements - Sierra Court to Dublin Court $1,089,320 $7,502,114 $500,000 $9,091,434 ST1312 Storm Drain Trash Capture Project $137,803 $722,198 $860,001 STNEW1 Tassajara Road Improvements - North Dublin Ranch Drive to Quarry Lane School $1,798,020 $4,053,980 $5,852,000 STNEW2 Alamo Creek Trail Repair $664,180 $664,180 STNEW3 City Entrance Monument Signs $285,000 $285,000 STNEW6 Intelligent Transportation System Upgrade – Connected/Autonomous Vehicle and Safety Improvements $510,000 $510,000 STNEW4 Stormwater Trash Capture $1,055,000 $1,055,000 STNEW5 Dublin Boulevard Pavement Rehabilitation $736,817 $736,817 $14,226,340 $31,472,160 $9,026,735 $8,613,487 $10,296,210 $2,689,700 $2,689,700 $59,834,000 $138,848,332 2018-2023 CAPITAL IMPROVEMENT PROGRAM - STREETS TOTAL COSTS 2018-2023 CAPITAL IMPROVEMENT PROGRAM - STREETS Fund #FINANCING PRIOR YEARS 2017-18 BUDGET 2018-19 2019-20 2020-21 2021-22 2022-23 FUTURE YEARS TOTALS 1001 General Fund $704,582 $1,995,839 $1,393,000 $108,000 $108,000 $108,000 $108,000 $4,525,421 2106 Traffic Safety $88,350 $45,573 $133,923 2201 State Gas Tax $2,771,228 $1,175,180 $952,000 $450,000 $380,000 $380,000 $6,108,408 2202 Federal Transportation Grant $661,000 $661,000 2204 Measure B Sales Tax - Local Streets Fund (ACTC)$131,230 $863,771 $490,000 $535,817 $820,000 $780,000 $780,000 $4,400,818 2205 Measure B Sales Tax - Bike & Pedestrian Fund (ACTC)$518,110 $172,000 $23,000 $23,000 $23,000 $23,000 $782,110 2207 TFCA/Transportation for Clean Air $19,752 $126,600 $146,352 2212 Vehicle Registration Fee (ACTC)$423,789 $92,956 $70,000 $70,000 $70,000 $726,745 2214 Measure BB Sales Tax - Local Streets Fund (ACTC)$1,023,600 $450,000 $300,000 $300,000 $350,000 $350,000 $2,773,600 2215 Measure BB Sales Tax - Bike & Pedestrian Fund (ACTC)$145,780 $150,000 $20,000 $20,000 $20,000 $20,000 $375,780 2216 Measure B Grants $5,147,190 $1,119,810 $6,267,000 2217 Measure BB Grants $2,049,267 $13,731,218 $213,515 $15,994,000 2220 Road Maint. & Rehab Account (RMRA)$330,716 $900,000 $300,000 $990,000 $990,000 $990,000 $4,500,716 2302 Measure D $45,000 $45,000 2304 Local Recycling Programs $170,000 $170,000 2701 Street Light District 1983-1 2705 Street Light District East Dublin 1999-1 $388,930 $337,090 $37,090 $37,090 $38,700 $38,700 $877,600 3600 Streets CIP Projects $250,680 $2,408,320 $2,659,000 4301 Eastern Dublin Traffic Impact Fee - Category 1 $319,722 $889,488 $2,143,670 $5,048,430 $3,587,029 $11,988,339 4302 Eastern Dublin Traffic Impact Fee - Category 2 $157,961 $2,590,145 $2,748,106 4303 Traffic Impact Fee - Category 3 $1,159,000 $409,263 $1,568,263 4304 Traffic Impact Fee - Western Dublin $497,117 $916,532 $1,413,649 4305 Traffic Impact Fee - Dougherty Valley $1,705,418 $1,305,313 $3,010,731 4306 TVTD $503,017 $538,150 $3,871,091 $4,912,258 4309 Mitigation Contributions $1,360,625 $122,934 $1,483,559 6305 IT Fund $89,474 $5,426 $20,000 $20,000 $20,000 $154,900 7101 Energy Efficiency Capital Lease $122,183 $79,871 $202,054 9997 Other $385,000 $385,000 9998 Unidentified $59,834,000 $59,834,000 $14,226,340 $31,472,160 $9,026,735 $8,613,487 $10,296,210 $2,689,700 $2,689,700 $59,834,000 $138,848,332TOTAL FINANCING PROJECT DESCRIPTION ESTIMATED COST City Entrance Sign Modifications $150,000 Eastern Dublin Traffic Impact Fee $54,410,000 Western Dublin Traffic Impact Fee $12,540,000 Dublin Heritage Park and Museums $9,000,000 Croak Neighborhood Park East $3,960,000 Croak Neighborhood Park West $3,600,000 Dublin Sports Grounds – Phase 5 Renovation $2,000,000 Emerald Glen Recreation & Aquatic Center Phase 2 $15,330,000 Iron Horse Nature Park and Open Space $6,802,000 Wallis Ranch Phase 2 $2,872,000 Public Art - Heritage Park $500,000 TOTAL COSTS $111,164,000 FUTURE PROJECTS