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HomeMy WebLinkAboutPCDC Resolution 2004-04 03/15/2004RESOLUTION 2004-04 PETALUMA COMMUNITY DEVELOPMENT COMMISSION APPROVING ADJUSTMENTS TO FY 2003-04 PCDC BUDGET WHEREAS, on March 15, 2004, the Petaluma Community Development Commission (PCDC) held a public meeting and considered amid-year financial report on the FY 2003-04 PCDC Budget; and, WHEREAS, the Commission considered various adjustments to the budget and requested that changes be reflected in certain line-items with the intention of having the budget reflect current financial conditions; and, WHEREAS, the Commission finds that there is a need to increase an inter-fund loan from the fund for the Petaluma Community Development Project Area to the fund for the Central Business District Project Area, as reflected in the FY 2003-04 PCDC Mid- Year Budget Adjustments and the Agency's "Five-Year Implementation Plan." NOW, THEREFORE, BE IT RESOLVED that the Petaluma Community Development Commission hereby approves and adopts adjustments to FY 2003-04 PCDC Budget, attached hereto as Exhibit A and referred to as Attachment II in the FY 2003-04 PCDC Mid-Year Financial Forecast Staff Report, as amended, and authorizes and approves an inter-fund loan from the Petaluma Community Development Project Area Fund to the Central Business District Project Area Fund, which loan shall be repaid with interest at the LAIF rate. PCDC Resolution No. 2004-04 Page 1 Adopted this 15'" day of March, 2004 by the following vote: Commissioner Aye No Absent Chair Glass X Harris X Healy X Vice Chair Moynihan X O'Brien X Thompson X Torliatt X David Glass, Chair ATTEST: P Gayle Pe rsen, Recording Secretary -: PCDC Resolution No. 2004-04 Page 2 APPROVED AS TO FORM: Exhibit A Y 2003-4 P i-Year Financial F®rcast (Explanation of Adjustments & Line-Item Detail) PCDC Resolution No. 2004-04 Page 3 FY 2003-04 PCDC IVlid-Year Financial Forecast The following details the proposed changes to the Petaluma Community Development Commission FY 2003-04 Budget originally adopted on June 16, 2003. The changes are reflected in the budget detail worksheets in Attachment II. Central Business District Project Area Funds (3300,5510): • FY 2003-04 Beginning Cash Balance: After the completion of the annual audit, the FY 2003-04 Beginning Cash Balance was $16,844. • Property Tax Increment: Property Taxes are accruing at slightly higher rate than originally anticipated by +36,331 or +6%. • Interest Earnings: Earnings are projected to increase by +$5,000. • Parking Lot Revenue: Revenues are reduced by $145,000 to a total of $22,000 to reflect the failed Property Related Fee ballot measure. • Interfund Loan: A loan of $15,453,899 is required from the PCD Project Area Fund in order to accomplish the CBD capital projects. • SB-2557 Collection Fees: Fees will increase by $2,300 due to the receipt of additional property taxes. • General Plan Administration: An additional $29,000 is required for the traffic engineering for the Copeland/Washington Street roundabout. This includes funding for a visual simulation. • URM: An additional $140,000 is necessary for the City's Unreinforced Masonry Program. This is due to higher than anticipated participation in the program by property owners. • Storefront Improvement Loan Program: A reduction of $200,000 is recommended due to lower property owner interest in the program. • Interest on Interfund Loan: Accrued interest on the interfund loan is added at $80,220. • Pass-Through Payments to Other Agencies: An additional $5,353 is required due to higher than anticipated property tax increment. • Washington Street Improvements: An additional $25,000 is appropriated for the engineering of the Washington/Copeland Street Roundabout. • Petaluma Blvd. Street Improvements: An additional $100,000 is appropriated for the engineering of street improvements between Mountain View Street to Payran Street, including stripping plans. • Trestle Engineering: An additional $125,000 is appropriated to begin engineering design for the replacement of the Water Street Railroad Trestle. The Trestle must be removed for safety purposes and alternatives, such as a floodwall must be developed in order to secure Federal funding for construction. • Petaluma Railroad Depot, Phase II Improvements: An additional $685,000 is requested in order complete exterior improvements such as: parking/street/curb paving, garbage/transformer enclosure, under grounding of utilities, hardscape around depot, and preliminary landscaping. PCDC: Resolution No. 2004-04 Page 4 Community Development Proiect Area Funds (3400,5520): • Beginning Available Cash Balance: After the completion of the annual audit, the FY 2003-04 Beginning Cash Balance was $b,550,885. • Property Tax Increment: Property Taxes are accruing at the same rate as originally budgeted. ® Interest Earnings: Interest earnings are increased by $520,000 to reflect a higher cash balance resulting from the issuance of Tax Allocation Bonds. • Gross Bond Proceeds: An increase of $8,630,000 is included to reflect the higher amount of bond proceeds received from the 2004 TABs. The total gross proceeds were $23,630,000. • Interfund Loan Interest Earnings: Additional interfund loan interest earnings of $80,220 are projected due to a higher loan amount. • Cost of Issuance for TABS: The cost of issuance of $788,138 is reflected in a line item, resulting in a net proceeds of $22,841,862. • PCDC Project Area Merger Study: $10,000 is appropriated for a study by Seifel Consulting to determine the feasibility of merging the two PCDC project areas. • SB 2557 Collection Fee: The fee is estimated to increase by $29,266 based on property tax collection. (This fee is calculated as a ~o of property tax allocations.) • General Plan Administration: No Change • Kenilworth Appraisal: $25,000 is appropriated to pay for the cost of an appraisal of the Kenilworth property. • AB 1.768 ERAF Shift to State: $512,641 has been shifted to the state to help offset the State budget deficit. • Retail Sales Tax Strategy: An appropriation of $100,000 is appropriated for the study and follow-on materials. • LOK Petaluma Marina Hotel: An appropriation of $10,000 for legal and financial services is required in connection with the OPA amendment. • Auto Plaza Project: An additional $95,000 is appropriated for site preparation in order to make the PCDC property on Industrial Avenue ready for development. This project is being performed in conjunction with improvements to the Denman Reach drainage improvement project. • Pass-through Payments to Others: Approximately 34% of Tax Increment is passed through to other taxing agencies. As the tax increment increases, the amount of pass-through also increases. Based on the County's latest property tax figures, a reduction of -$760,550 is included for a total line-item appropriation of $3,565,650. • Brownfields EPA Study: An appropriation of $5,000 is required to pay for specialized services in connection with an EPA grant application. • Road/Streetscape Improvements: $3,000,000 is appropriated for street reconstruction in the project area. • Utility Under grounding Studies: An appropriation of $50,000 is required for specialized underground utility studies in anticipation of street improvements. • Caulfield Extension: A decrease in appropriation of $50,000 is recommended due to developer paid engineering instead of PCDC paid engineering. • Transfer Ovt to Debt Service Fund: A reduction of -$b15,064 is included due to a lower interest payment for the first year of the 2004 TAB. PCDC Resolution No. 2004-04 Page 5 • Interfund Loan to CBD Fund: The loan amount projected by the end of the fiscal year is $15,453,899. Low 8~ Moderate Income Housing Fund (2130): • FY 2002-03 Beginning Fund Cash Balance: Subsequent to the annual audit, the Beginning Cash Balance was $479,399. • Property Tax Increment: An increase of $117,528 is projected as per County remittances. • Interest Revenue: An increase of $15,000 is projected due to higher than anticipated cash balance. • Charges for Services: A reclassification of $12,350 from Other Revenue shows as an increase. • Intergovernmental Revenue: A decrease of $108,000 is anticipated due to an offsetting reduction in costs for the Underground Tank Monitoring Program. • Other Revenue: A reclassification of $12,350 to Charges for Services and a decrease of $2,650 are anticipated. ® Underground Tank Monitoring: A reduction of $100,000 is anticipated due to less required monitoring. • Neighborhood Revitalization: An increase of $150,000 is recommended for improvements in the Payran area, including streetscape/sidewalk revitalization. • Lieb Senior Apartments: An additional $300,000 is required to cover additional new construction costs. • SB 2557 County Collection Fee: The Housing Fund has been allocated a share of the collection costs and administration by the County for a decrease of $4,985 from the original budget. ® Ending Cash Balance: A year-end cash balance of $1,049,442 is projected. Debt Service Funds (4510, 4610, 4620, 4630, 4650): • The only significant change in this fund is a reduction of $15,900 in Interest Earnings due to a decrease in the Beginning Cash Balance. PCDC Resolution No. 2004-04 Page 6 FUNDS 3300, 5510 CENTRAL BUSINESS DISTRICT PROJECT AREA REVENUES & EXPENDITURES FY 200304 BUDGET 8 FIVE-YEAR FORECAST REVENUES AND EXPENDITURES BYPROJECT AREA FY 00-01 Actual CENTRAL BUSINESS DISTRICT PROJECT AREA BEGINNING CASH, REVENUES, TRANSFERS IN AND INTERFUND LOAN 1 2 Beginning Cash Balance 3 Property TaxlncrementRevenue 4 Other Revenues 5 Property Owner Contributions 6 Transfers In 7 Bond Proceeds 8 Interfund Loan from PCDC 902 9 TOTAL CASH, REVENUES, TRANSFERS IN, LOAN 10 11 EXPENDITURES AND TRANSFERS OUT 12 Administration 13 Program Expenditures 14 Loans 15 Interest 16 Pass-Through Payments 17 Capital Improvement Projects 18 Transfer out to Housing Fund 19 Transfer out to Debt Service Fund 20 Transfer out to General Fund for Security Patrol 21 Reserves for Future Projects 22 TOTAL EXPENDITURES, TRANSFERS OUT 23 CHANGE IN ASSETS/LIABILITIES 24 25 ENDING CASH BALANCE FY 01-02 FY 02-03 FY 03-04 FY 03-04 Increase/ FY 04-05 FY 05-06 FY 06-07 FY 07-OB FY 2003-04 to Actual Actual Budget Midyear (Decrease) Projected Projected Projected Projected FY 2007-08 J Forecast 241 32 2,347 16,844 16;844 0 0 0 (0) (0) 16,844 485,028 531,536 638,207 543,400 579;731 36,331 616,759 700,021 794,524 901,785 3,592,821 15,898 16,935 15,424 167,000 27,000 (140,000) 168,500 170,000 170,500 170,500 706,500 0 0 29,649 0 0- 0 0 2,415,000 0 0 2;415;000 1,931 0 0 280,000 260,000 0 0 0 0 0 280,000 0 0 0 0 0- 0 0 0 4,740,000 0 4,740;000 0 0 2,292,000 13,918,056 15,453,899 1,535,843 10,739,605 6,541,908 19,256 4,684,573 37,439,241 503,098 548,503 2,977,627 14,925,300 16,357,474° 1,432,174 11,524,864 .9,826,930 5,724,280 5,756,858 49;190;406 194,914 173,866 425,182 710,600 741,900 31,300 625,341 647,666 669,748 695,634 3,380,290 150,744 191,463 340,617 -'390;500 530,500 140,000 287,000 287,000 247,000 247,000 1,598;500 0 0 0 30Q,OD0 - 100,000 (200,000) 200,000 100,000 0 0 400,000 0 0 12,376 0 80,220 80,220 621,106 996,993 1,225,959 1,226,633 4,150,912 0 0 14,670 27,200 32,554 5,354. 34,600 39,271 44,573 50,590 201,588 2,002 608,339 1,485,135 ~ 13,358,000 14,733,300 1,375,300 9,617,816 7,620,000 3,000,000 3,000,000 37,971,116 97,768 106,784 127,642 0 0 0 0 0 0 0 0 489 48,600 129,900 139,000 .139,000. 0 139,000 136,000 537,000 537,000 1,488,000 25,000 25,000 0 0 0 0 0 0 0 0 0 0 0 0 °: 0 0 0 0 0 0 0 0 470,917 1,154,052 2,535,522 14,925;300 16,357,474 1,432,174 11,524,864 9,826,930 5,724,280 5,756,858 49,190,406 (32,149) 607,896 425,261 0 32 2,347 16,844 0 0 0 0 (0) (0) 0 0 City of Petaluma, California -Petaluma Community Development Commission 2 ~t O V O O CV O Z C O .? O N l1' U U 3/19/2004 9:33 AM PCDC Midyear Budget Final 3-9-04.XLS PCDC detail 1 REVENUES AND EXPENDITURES BY PROJECT AREA CENTRAL BUSINESS DISTRICT PROJECT AREA 1 2 BEGINNING CASH BALANCE 3 4 REVENUES 5 41110 Property Tax Increment 6 43410 Interest Earnings 7 48010 Miscellaneous Revenue 8 42420 Parking Lot Revenue 9 48010 Property Owner Contributions 10 TOTAL REVENUES 11 12 TRANSFERS IN 13 Transfer in Net Bond Proceeds 2006 TABS 14 Transfer In 15 INTERFRUND LOAN FROM FUND 902 16 TOTAL CASH, REVENUES AND TRANSFERS IN 17 18 EXPENDITURES 19 Administration 20 r[~I,:w Projea.;~u~~~~~~~~a~~~n 2l C200203 Basset Street Remodel 22 P201000 CBD Plan Amendment (Seifel #1) 23 P201000 SB-2557 Co. Collection Fee 24 Intragovernmental 25 General Plan Administration 26 Subtotal Administration 27 28 Program Expenditures 29 Central Petalurrn .,Nacific Plar, 30 P201070 URM Project 31 P201020 Petaluma Downtown Assoc. 32 P201040 Street Tree Maintenance Special Projects 33 Downtown Security 34 Sidewalk Maintenance 35 P201050 Parking Garage Maint/Security 36 P201010 CBD Loans & Assessment Credits 37 P201060 Plaza Restroom Maintenance 38 Subtotal Program Expenditures CENTRAL BUSINESS DISTRICT PROJECT AREA REVENUES 8 EXPENDITURES FY 2003-04 BUDGET & FIVE-YEAR FORECAST FY 00-01 FY 01-02 FY 02-03 FY 03.04 FY 03.04 Increase/ FY 04-OS FY 05-06 FY 06-07 FY 07-OB FY 2003-04 to Actual Actual Actual Budget A4idyear (Decrease) Projected Projected Projected Projected FY 2007-08 Forecast 241 32 2,347 16,844 16,884 0 0 0 (0) (0) 16,844 485,028 531,536 638,207 543,400 579,731 36,331 616,759 700,021 794,524 901,785 3,592,821 4,438 2,498 5;268 0 5,000 5,000 1,500 3,000 3,500 3,500 16,500 365 1,079 0 0 0 0 0 0 0 0 0 11,095 13,358 10,156 167,000 22,000 (145,000) 167,000 167,000 167,000 167,000 690,000 0 0 29,649 ' 0 0,,, 0 0 2,415,000 0 0 2,415,000 500,926 548,471 683,280 710,400 606,73T~ (103,669) 785,259 3,285,021 965,024 1,072,285 6,714,321 0 0 0 0 0 0 0 0 4,740,000 0 4,740,000 1,931 0 0 280,000 '-.280,000 0 0 0 0 0 280,000 0 0 2,292,000 '13;91$056 15,453,899 1,535,843 10,739,605 6,541,908 19,256 4,684,573 37,439,241 503,098 548,503 2,977,627 14,925,300 16,357,474' 1,535,843 11,524,864 9,826,930 5,724,280 5,756,858 49,190,406 67,684 78,798 242,366 570,700 570,700' 0 587,821 605,456 623,619 642,328 3,029,924 0 0 15,000 0 0 0 0 0 0 0 0 104,034 4,021 8,853 0 - 0 0 0 0 0 0 0 8,935 6,847 9,213 9,500 11;800 2,300 12,520 14,210 16,129 18,306 72,966 14,261 25,200 40,350 21;000 21,000 0 25,000 28;000 30,000 35,000 139,000 0 59;000 109,400 ...109,400. -: 138,400 29,000 0 0 0 0 138,400 194,914 173,866 425,182 -'710,600 741,900 31,300 625,341 647,666 669,748 695,634 3,380,290 0 0 215. 0~ 0" 0 0 0 0 0 0 3,613 30,663 109,689 75,000 215,000 140,000 50,000 50,000 10,000 10,000 335,000 73,936 70,000 110,000 110,000 110,000 0 70,000 70,000 70,000 70,000 390,000 0 0 14,548 ~ 0'. 0, 0 1,633 0 0" , 0... 0, 0 0 0 0 0 0 0 10,000 0 0' 0 0 0 0 0 0 0 28,491 40,205 69,516 167,000. 167,000 0 167,000 167,000 167,000 167,000 835,000 38,441 38,531 36,222 38,500. 38,500 0 0 0 0 0 38,500 4,630 2,064 427 ',0 .~. 0 0 0 0 0 0 0 150,744 191,463 340,617 39Q500 530,500 140,000 287,000 287;000 247,000 247;000 1;598;500 City ofPetaluma, California -Petaluma Community Development Commission d O V O O CV O Z C O .j O 0) Q' U U 3/19/2004 9:33 AM PCDC Midyear Budget Final 3-9-04.XLS PCDC detail 2 CENTRAL BUSINESS DISTRICT PROJECT AREA REVENUES & EXPENDITURES FY 2003.04 BUDGET 8 FIVE-YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 03-04 Increase! FY 04-05 FY 05-06 FY 06-07 FY 07-08 FY 2003-04 to Actual Actual Actual Budget Midyear (Decrease) Projected Projected Projected Projected FY 2007-08 CENTRAL BUSINESS DISTRICT PROJECT AREA Forecast Loans`+ P201010 Storefront Improvement Loan Program 0 0 300;000- 10gOD0 (200,000) 200,000 100,000 0 0 400,000 39 40 41 42 43 44 45 46 47 48 49 50 Interest P201010 Interest on Interfund Loan Pass-Through Payments Fc~ i vvv I ~ ~. r- .-. ^-,yments to Others Capital Improvement Projects C200104 l.aw~~c~J ~,,,~;,,ion Downtown Parking Structure Washington Street Improvements Poultry Street Extension P202400 Underground Tank Monitor C200102 Parking Garage Improvements C200603 Downtownlmprovements Phase! C200304 Road/Streetscape Improv C200703 Cent. Pet. Specific Plan Theater District Trestle Engineering 51 52 53 54 55 56 0 0 12,376 _ '0 - 80,220 80,220 621,106 996,993 1,225,959 1,226;633 4,150,912 0 0 14,670 •2Z;20~0 32,554 5,354 34,600 39,271 44,573 50,590 201,588 0 0 0 ~ ., 0 '- - ` 0 0 0 0 0 0 0 0 0 0 '. 0 0 0 0 2,205,000 0 0 2,205;000 0 0 0 '. 0 '. '.25,000 25,000 0 0 0 0 25{000 0 0 0 0 ? 0 0 0 2,415,000 0 0 2,415,000 2,002 0 0 D '': .0 0 0 0 0 0 0 0 291,391 858,557 D 0. 0 0 0 0 0 0 0 13,225 228,233 5;755,000 5,755,000 0 800,000 0 0 0 6,555,000 0 0 0 I 0 °:.tOD,OD0 100,000 0 3,000,000 3,000,000 3,000,000 9,100,000 0 0 173,580 '4,717,000 4717,000 0 2,829;816 0 0 0 7,546,816 0 0 0 0 125;000 125,000 0 0 0 0 125,000 57 C200303 Petaluma Railroad Depot Restoration 0 0 55,990 304,000 1,429,300 1,125,300 800,000 0 0 0 2,229;300 58 C200503 WaterStreef/TurningBasinlmprovments 0 303,723 168,775 2,582;000 2,582,000 D 5,188;000 0 0 0 7,770,000 59 Subtotal Capital Improvements Projects 2,002 608,339 1,485,135 13,358,000 14',733,300 1,375,300 9,617,816 7,620,000 3,000,000 3,000,000 37,971,116 sD 61 TOTAL EXPENDITURES 347,660 973,668 2,277,980 ...14;786,300. 16,218,474 1,432,174 11,385,864 9,690,930 5,187,280 5,219,858 47,702,406 62 63 TRANSFERS OUT 64 Transfers out to Low/Mod Housing Fund 903 97,768 106,784 127,642 0 0 0 0 0 0 0 0 65 Transfers out to Gen Fund for Foot Patrol Services 25,000 25,000 0 0 0 0 0 0 0 0 0 66 Transfers out to Debt Service: 1984 TAB 0 0 0 0 0 0 0 0 0 0 0 69 Transfers out to Debt Service: 2006A TAB 0 0 0 - 0 0 0 0 0 400,000 400,000 800;000 70 Transfers out to Debt Service: 20008 TAB 489 48,600 129,900 139;000 -139,000 0 139,000 136,000 137,000 137,000 688,000 71 Subtotal Transfers Out 123,257 180,384 257,542 139,000= 139,000 0 139,000 136,000 537,000 532,000 1,488,000 72 73 TOTAL EXPENDITURES 8 TRANSFERS OUT 470,917 1,154;052 2,535,522 14,925,300 16,357,474 1,432,174 11,524,864 9,826,930 5,724,280 5,756,858 49,190,406 75 CHANGE IN ASSETSILIABILITIES (32,149) 607,896 425,261 ' 0 0 0 0 76 77 ENDING CASH BALANCE 32 2,347 16,844 0 0 0 0 (O) (0) 0 0 84 85 CUMMULATIVE INTERFUND LOAN FROM PCD PROJECT AREA (9 91,350 481,950 2,292,000 16,226,900, 17,745,899.. 1,518,999 28,485,504 35,027,412 35,046,668 39,731,241 42,023;241 City of Petaluma, California -Petaluma Community Development Commission O N >~ d O O O CV O Z C O .j O 0) U U 3/19/2004 9:33 AM PCDC Midyear Budgef Final 3-9-04.XLS PCDC detail 3 FUNDS 3400, 5520 EVENUES AND EXPENDITURES BY PROJECT AREA Y 00-01 Actual PETALUMA COMMUNITY DEVELOPMENT PROJECT AREA REVENUES 8 EXPENDITURES FY 2003-04 BUDGET 8 FIVE-YEAR FORECAST FY 01-02 FY 02-03 FY 03-04 FY 03-04 Increase/ Actual Actual Budget Midyear - (Decrease) Forecasf'. Y 04-OS Projected Y 05-06 Projected Y 06-07 Projected Y 07-OB Projected Y 2003-04 to FY 2007-08 COMMUNITY DEVELOPMENT ROJECT AREA - ~ '°" _ BEGINNING CASH, REVENUES AND TRANSFERS IN t BeginningReserves 2,009,753 0 0 ~ i 0 ~ ~ 0 0 0 0 0 0 0 2 Beginning Cash Balance 573,280 1,828,322. 14,490,474 ~6,25T,950 °16,252,950 0 20,276,456 7,832,514 894,378 178,684 178,684 3 Property Tax Increment Revenue 7,332;231 9;787,076 10,450,315 8,911,450 6,911,450 ° 0 9,357,023 9,824,874 10,316,117 10,831,923 49,241,387 4 Other Revenues 1,170,407 487,336 3,863,391 300,000 900,220 600,220 1,330,782 1,671,131 1,257,263 1,232,887 6,392;283 5 Transfers In: 2004A Tax Allocation Bond Proceeds 0 0 0 15,000,000 23,630,000 8,630,000 0 0 0 10,000,000 33;630,000 6 Transfers In: 2000A TaxAllocation Bond Proceeds 59,241 0 0 0 0 0 0 0 0 0 0 7 Other Transfers In 407,358 0 0 0 0 0 0 0 0 0 0 8 TOTAL CASH, REVENUES AND TRANSFERS IN 11,552,270 12,102,734 28,804,180 40,464,400 '49,694,620 9,230,220 30,964,261 19,328,519 12,467,758 22,243,494 89,442,353 9 t0 EXPENDITURES AND TRANSFERS OUT 11 Administration 356,784 662,207 1,085,452 766,050 2,133;129 1,367,079 1,338,710 1,373,331 1,409,461 1,447,169 7,701,802 12 Program Expenditures 63,620 108,378 103,724 136,000 341,000 205,000 256,000 161,000 161,000 161,000 1,080,000 13 Pass-Through Payments 2,289,335 3,085,929 3,318,511 4 326 200 3,565,650 (760,550) 3,793,425 3,983,096 4,182,251 4,391,364 99,915,786 14 Capital Improvement Projects 91,191 133,219 250,221 1,642,000 .4,647,000 3,005,000 4,075,000 3,435,000 3,385,000 3,385,000 18,927,000 15 Transfers Out to Other Funds 0 0 17 Transfers Outto Housing Fund 903 1,395,572 1,873,685 1,990,651 0 0 0 0 0 0 0 0 18 Transfers Out to Debt Service Fund 904 2,991,923 2,346,800 2,140,000 3,646,550` 3,031,486 (615,064) 2,929,005 2,939,805 3,132,105 4,283,730 16,316,131 19 TransfersOultoTOTFund 0 300,000 300,000 0 1 0 0 0 0 0 0 0 20 Transfers Out to Traffic Fund 0 0 1,300,000 0 0 0 0 ~0 0 0 0 21 Transfers Out to Storm Drain Fund 210 0 0 0 0 0 0 0 0 0 0 0 22 Transfers Ouf to Marina Fund 607 52,500 0 54,000 .246,000. 246,000 0 0 0 0 0 246,000 24 TOTAL EXPENDITURES, TRANSFERS OUT 7.240,925 8,510,218 10,542,559 10,762,800 " 13,964,265 3,201,465 12,392,141 11,892,233 12,269,818 13,668,263 64,186,719 25 26 CHANGE IN ASSETS/LIABILITIES (381,920) (372,079) (283,329) 0 0 0 0 0 0 0 0 27 CURRENT INTERFUND LOAN TO PCDC901 91,350 481,950 2,292,000 13,918,056 15,453,899 1,535,843 10,739,605 6,541,908 19,256 4,684,573 37,439,241 28 29 ENDING CASH BALANCE 1,828,322 2,738,487 16,252,950 15,783,544 20,276,456 4,492,912 7,832,514 894,378 178,684 3,890,659 3,890,659 City of Petaluma, California -Petaluma Community Development Commission Q) 3/19/2004 9:33 AM PCDC Midyear Budget Final 3-9-04.XLS PCDC detail 4 REVENUES AND EXPENDITURES BY PROJECT AREA COMMUNITY DEVELOPMENT PROJECT AREA 1 Beginning Reserves for Projects 2 BEGINNING CASH BALANCE 3 CASH WITH FISCAL AGENT (BOND PROCEEDS) 4 REVENUES 5 41110 Property Tax Increment 6 43410 Interest Earnings 43410 Interest Earnings from Interfund Loan 7 44310 Intergovernmental 8 48010 Miscellaneous Revenues 9 48010 Property Owners Contributions 10 TOTAL REVENUES 11 12 BOND PROCEEDS 13 49810 Gross 2000 Bond Proceeds 14 49810 Gross Bond Proceeds 15 Proceeds of 1992 Bond Reserve 16 17 TOTAL BOND PROCEEDS 16 19 TOTAL CASH,. REVENUES AND BOND PROCEEDS 20 21 EXPENDITURES 22 Ad"minisf~SFioii 23 P201000 Project Atlministralion 24 C200203 Bassett Street Remodel 25 P201000 Cost of Issuance for 2000 TABS 26 P201000 PCD Plan Amendment (Seifel #4) 27 P201000 PCD TAB Fiscal Svcs (Seifel #3) 28 P201000 SB-2557 County Collection Fee P201000 Kenilworth Appraisal PETALUMA COMMUNITY DEVELOPMENT PROJECT AREA REVENUES & EXPENDITURES FY 2003.04 BUDGET & FIVE-YEAR FORECAST FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 03-04 Increase/ FY 04-05 FY OS-O6 FY 06-07 FY 07-OS FY 2003-04 to Actual Actual Actual Bridyet Midyear (Decrease) Projected Projected Projected Projected FY 2007-08 Forecast 2,009,753 0 0 0 - 0 0 0 0 0 0 0 573,280 1,828,322 2,738,487 6,550,885 6,550,885 0 6,324,691 7,573,565 894,378 178,684 178,684 11,751,987 9,702,065 9,702,065 0 13,951,765 258,949 0 0 0 7,332,231 9,787,076 10,450,315 - 8,911,450 8,911,450 0 9,357,023 9,624,874 10,316,117 10,831,923 49,241,387 1,003,995 474,285 368;809 300,000 620,000 520,000 709,676 274,138 31,303 6,254 1,841,371 0 0 12,376 0 80,220 80,220 621,106 996,993 1,225,959 1,226,633 4,150,912 0 0 3,482,118 0 0 0 0 400,000 0 0 400,000 105,000 13,051 88 0 0 0 0 0 0 0 0 61,412 0 0 0 0 0 0 0 0 0 0 8;502,638 10,274,412 14,313,706 9,211,450... ...9,811,670. 600,220 10,687,805 11,496,004 11,573,380 12,064,810 55,633,670 59,241 0 0~ 0 : 0 0 0 0 0 0 0 0 0 0 '15,000,000. 23,630,000 8,630;000 0 0 0 10,000,000 33,630,000 407,358 0 0 '. 0 0 0 0 0 0 0 0 0 0 0 ' 0 0 0 -0 0 0 0 0 466,599 0 0 15,000,000 .23,638000 8,630,000 0 0 0 10,000,000 33,630,000 9,542,517 12,102,734 28,804180 .:'40,464;400 +.49,694,620 9,230,220 30,964,261 19,328,519 12,467,758 22,243,494 89,442,353 164,720 164,894 277,689 406,800 -406,800 0 421,038 435,774 451,026 466,812 2,181,450 0 0 1o,aso o I' 0 0 0 0 0 0 0 158 0 0 - 0 788,138 788,138 0 0 0 0 768,137 14,486 0 0 0 10,000 10,000 0 0 0 0 10;000 1,776 0 0 0 0 0 0 0 0 0 0 102,954 121,563 145,650 124,650 "155,950 31,300 163,748 171,935 180,532 189,559 861,723 0 0 0 0 : 25,000 25,000 0 0 0 0 25;000 29 P201000 Marina Hotel Study 20,106 0 0 0 0 0 0 0 0 0 0 30 P201000 Proj.Area Alternatives Analysis (Seifel#2) 534 0 0 0 0 0 0 0 0 0 0 31 P201000 General Plan Update 0 186,000 109,400 - .109,400 109,400 0 0 0 0 0 109,399 32 P201000 AB 1768 (ERAF) Shift to State of California 0 0 250,173 0 512,641 512,641 520,000 520,000 520,000 520,000 2,592;640 33 P201000 Real Property Purchase (27 Howard) 0 0 1,250 0 0 0 0 0 0 0 0 34 Intragovernmental Charge 52,050 189,750 290,800 .~ 125,200 125,200 0 233,926 245,622 257,903 270,798 1,133,447 35 Subtotal Administration 356,784 662,207 1,085,452 766,050 .2,133,129 1,367,079 1,338,710 1,373,331 1,409,461 1,447,169 7,701,797 36 37 Program Expenditures 38 P201070 URM Project 0 0 77 1,000 1,000 0 1,000 1,000 1,000 1,000 4,999 39 P201040 Landscape Improvements 38,530 83,335 73,866 .100,000 100,000 0 100,000 100,000 100,000 100,000 499,999 40 P201090 Economic Development Promotion 0 0 0 5,000 5,000 0 5,000 5,000 5,000 5,000 24,999 City of Petaluma, California -Petaluma Community Development Commission (V Q) O V O O CV O Z c O .j O ~' U D U tL 3/19/2004 9:33 AM PCDC Midyear Budget Final 3-9-04.XLS PCDC detail 5 PETALUMA COMMUNITY DEVELOPMENT PROJECT AREA REVENUES 8 EXPENDITURES FY 2003.04 BUDGET 8 FIVE-YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA 41 Program`Ezpenditures'(Continued) 42 P201090 Retail Study (Leakage) 43 P201010 LOK.Petaluma Marina Hotel OPA 44 P201030 Auto Plaza Project 45 P201010 Assessment Credits 46 Subtotal Program Expenditures 47 48 Pass-Through Payments 49 P201000 Pass' ~gh Payment - 50 51Capital Improvement Projects 52 Central Petaluma Specifc Plan 53 Corona Road Highwaylmprovements Brownfelds EPA Studies Kenilworth/Fairgrounds 54 C200304 Road/Streetscapelmprov 55 C200503 River Trail Enhancement Utility Undergounding Studies 56 C200204 Gateway Landscaping & Capital Improvements 57 C200104 Canfield Extension 58 Subtotal Capital Improvement Projects 59 so 61 TOTAL EXPENDITURES FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 03.04 Increase/ FY 04-OS FY OS-06 FY 06-07 FY 07-08 FY 2003-04 to Actual Actual Actual ~ Budget Midyear (Decrease) Projected Projected Projected Projected FY 2007-08 _ ..Forecast 0 0 0 0 100,000 100,000 25,000 25,000 25,000 25,000 200,000 0 1,130 2,239 0 10,000 10,000 0 0 0 0 10,000 1,220 0 3,698 5;000 100,000 95,000 100,000 5,000 5,000 5,000 215,000 23,870 23,913 23,844 25,000 25,000 0 25,000 25,000 25,000 25,000 125',000 63,620 108,378 103,724 136;000 341,000 205,000 256,000 161,000 161,000 161,000 1,079,996 2,289,335 3,085,929 3,318,511 4,326.200 3,565,650 (760,550) 3,793,425 3,983,096 4,182,251 .4,391,364 19,915,786 20,668 79,583 154,321 ~ 0' 0 0 0 0 0 0 0 70,523 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5,000 5,000 0 0 0 0 5,000 0 0 0 0 `'>b 0 2,000,000 0 0 0 2;000;000 0 0 0 0 '3,OOQ000 3,000,000 0 3,135,000 3,135,000 3,135,000 12,405,000 0 53,636 95,900 1,379;000 .1,379,000 0 1,575,000 0 0 0 2,954,000 0 0 0- 0 50,000 50,000 0 0 0 0 50,000 0 0 04 210,000 '.210,000 0 500,000 300,000 250,000 250,000 1,510,000 0 0 0 53,000 3,000 (50,000) 0 0 0 0 3,000 91,191 133,219 250,221 1,642,000 4,647,000 3,005,000 4,075,000 3,435,000 3,385,000 3,385,000 18,927,000 2,800,930 3,989,733 4,757,908 ' ' 6,870,250' 10,686,779: 3,816,529 9,463,136 8,952,428 9,137,713 9,384,533 47,624,579 City of Petaluma, California -Petaluma Community Development Commission ('D 0) O V O V O O CV O Z C 0 .j O 0) U U 3/19/2004 9:33 AM PCDC Midyear Budget Final 3.9-04.XLS.PCDCdetail 6 PETALUMA COMMUNITY DEVELOPMENT PROJECT AREA REVENUES 8 EXPENDITURES FY 2003.04 BUDGET 8 FIVE-YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 03-04 ~ Increase/ FY 04-OS FY 05-06 FY 06-07 FY 07-08 FY 2003-04 to Actual Actual Actual Budget Midyear '. (Decrease) Projected Projected Projected Projected FY 2007-08 Forecast 63 Transfers to Low/Mod Housing Fund 903 1,395,572 1,873,685 1,990,651 0 0 0 0 0 0 0 0 64 Transfers out to Debt Service Fund 904 - " 65 Tax Allocation Bonds(1992A) 391,549 0 0 ~ 0 0 0 0 0 0 0 0 66 Surety for 1992A TABS (In lieu of Reserve) 0 0 0 - ~ b' 0 0 0 0 0 0 0 67 Tax Allocation Bonds (2001 A) 0 433,700 406,500 403,900 403,900 0 404,800 400,400 405,500 405,500 2,020,100 68 Tax Allocation Bonds (2007) 0 0 0 ~ b 0 0 0 0 0 1,160,000 1,160,000 69 Tax Allocation Bonds (2004) 0 0 0 1;160;000 544,936 (615;064) 1,072,005 1,072,005 1,502,005 1,492,330 5,683,281 70 Tax Allocation Bonds (2000) 1,130,976 1,112,200 1,118,120 1';110,400 ' 1,110,400. 0 1,104,200 1,107,900 1,101,200 1,104,400 5;528,100 71 AgreemenlObligations(AD19&Benson) 1,469,398 800;900 615,380 972,250 972,250 0 348,000 359,500 123,400 121,500 1,924,650 72 Transfers Out to Transient Occupancy Tax Fund 73 Economic Development/Tourism Promotion via PVB 0 300,000 300,000 0 0. 0 0 0 0 0 0 74' Transfers Outto Traffc Fund 75 McDowell/E. Washington Widening 0 0 1,300,000 _. 0 0 0 0 0 0 0 0 76 Transfers Out to Marina Fund 607 77 Operations/Debt Service Shortfall 52,500 0 0 0 0 0 0 0 0 0 0 78 Marina Dredging 0 0 54,000 246,000 246,000 0 0 0 0 0 246,000 79 Transfers Out to Storm Drain Mitigation Fund 210 80 Payran Reach Flood Management Project 0 0 0 0 0 0 0 0 0 0 0 81 Turning Basin Dredging 0 0 0 0 0 0 0 0 0 0 0 82 Transfers Out.to CDB Fund 901 0 0 0 0 0 0 0 0 0 0 0 83 Subtotal Transfers Out 4,439,995 4,520,485 5,784,651 3,892,550. 3,277,486 (615,064) 2,929,005 2,939,805 3,132,105 4,283,730 16,562,131 84 CHANGE IN ASSETS/LIABILITIES (381,920) (372,079) (283,329) ;. '. b 0 0 0 0 0 0 0 86 CURRENT INTERFUND LOAN TO FUND 901 91,350 481,950 2,292,000 - '. 13,918,056 15,453,899 1,535,843 10,739,605 6,541,908 19,256 4,684,573 37,439;241 87 88 TOTAL EXPENDITURES, TRANSFERS OUT, CHARGES 89 AND INTERFUND LOAN 7,714,195 9,364,247 12,551,230 24,68Q856.' 29,418,164 4,737,308 23,131,746 18,434,141 12,289,074 18,352,836 101;625;951 so 91 ENDING CASH BALANCE 1,828,322 2,738,487 16,252,950 `15,783,544 20,276,456 4,492,912 7,832,514 894,378 178,684 3,890,659 .3;890;659 92 93 94 CUMULATIVE INTERFUND LOAN TO CBD FUND 901 91,350 481,950 2,292,000 ,16,226,900 17,745,899 _ 1,518,999 28,485,504 35,027,412 35,046,668 39,731,241 42,023,241 City of Petaluma, California -Petaluma Community Development Commission 'V N 2 V O V O O CV O Z C O .? O N U U 3/19/2004 9:33 AM PCDC Midyear Budget Final 3-9-04.XLS PCDC detail 7 FUND 2730 REVENUES AND EXPENDITURES BY PROJECT AREA LOW/MODERATE INCOME HOUSING FUND 1 BEGINNING CASH, REVENUES 8 TRANSFERS IN 2 3 4 Beginning Cash Balance Taxlncrement Revenue 5 Other Revenues 6 Transfers In from Other Funds 7 TOTAL CASH, REVENUES 8 TRANSFERSIN S 9 EXPENDITURES 8 TRANSFERS OUT 10 11 Project Administration 12 Projects 13 Homelessness (Prevention, Shelter,Services) 14 Transitional Housing 15 Family Rental Projects 16 Senior Projects/Programs 17 Homeownership/Rehabilitation Programs 18 Community Revitalization Programs 19 TOTAL EXPENDITURES 20 TRANSFERS OUT 21 CHANGES IN ASSET 8 LIABILITIES 22 ENDING CASH BALANCE 23 31 32 33 34 ESTIMATED AVAILABLE CASH BALANCE IN 35 HOUSING IN-LIEU FUND: LOW & MODERATE INCOME HOUSING.FUND REVENUES & EXPENDITURES FY 2003-04 BUDGET & FIVE-YEAR FORECAST FY 00-Ot FY 01-02 FY 02-03 =' t_FY 03-04 -~-FYo3-04` - Increase/ FY 04-OS FY 05-06 FY 06-07 FY 07-08 FY 2003-04 to Actual Actual Actual Budget Midyear (Decrease) Projected Projected Projected Projected FY 2007-08 Forecast 2,105,155 1,247,711 1,275,593 475;399 475,399 0 1,049,462 2,637,831 4,784,335 7,144,407 475,399 0 0 0 - 2,226;200 2,343,728 117,528 2,473,805 2,677,102 2,756,018 2,908,977 13,093,629 318,654 148,145 121,180 279,950 184,300 (95,650) 64,250 127,191 213,714 308,204 897,660 1,493,340 1,980,469 2,118,293 0 0 0 0 0 0 0 0 3,917,149 3,376,325 3,515,066 2;981;549 3,003,427 21,878 3,587,518 5,376,124 7,754,067 10,361,588 14,466,689 145,125 188,326 313,727 ~ 408,050 -403,065 - (4,985) 365,287 382,389 400,260 419,938 1,970,939 594,895 663,599 0 0 0 0 0 0 0 0 0 78,336 74,349 0 67,500 ...67,500 0 67,500 67,500 67,500 67,500 337,500 1,120,568 440,974 857,187 '. '.29;400 29,400 0 29,400 29,400 29,400 29,400 147,000 82,890 319,799 465,237 753,000 1,053,000 300,000 383,000 8,000 8,000 8,000 1,460,000 174,245 290,671 19,555 101,000 101,000 0 102,500 102,500 102,500 102,500 511,000 47,777 59,177 3,250 250,000. 300,000 50,000 2,000 2,000 2,000 2,000 308;000 2,243,836 2,036,895 1,658,956 ?,608,950 7,953;965', 345,015 949,687 591,789 609,660 629,338 4,734;439 31,336 0 1,511,200 0 '. I. '. 0 0 0 0 0 0 0 394,266 63,837 (130,489) 0.. 0 0 0 1,247,711 1,275,593 475,399 1,372;599 1,049,462. (323,137) 2,637,831 4,784,335 7,144,407 9,732,250 9,732,250 3,984,610 5,486,886 2,725,298 .3,536,186 1,485,500; (2,050,686) 1,500,000 1,850,000 2,200,000 2,550,000 2,550,000 City of Petaluma, California -Petaluma Community Development Commission N V O V O O CV O Z C O .j O 0) U U 3/19/2004 9:33 AM PCDC Midyear Budget Final 3-9-04.XLS PCDC detail 8 LOW 8 MODERATE INCOME HOUSING FUND REVENUES & EXPENDITURES FY 2003-04 BUDGET 8 FIVE•YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 00-01 FY 01-02 FY 02-03 - FY 03-04 FY 03-04 Increase! FY 04-05 FY OS-06 FY 06-07 FY 07-08 FY 2003-04 to Actual Actual Actual ~ Budget Midyear (Decrease) Projected Projected Projected Projected FY 2007-08 Forecast LOW/MODERATE INCOME HOUSING FUND 1 2 BEGINNING CASH BALANCE 3 4 REVENUES Taxlncrement Revenue 5 Investment Interest 6 Mobile Home Rent Control Admin 7 Charges for Services e Intergovernmental Revenue 9 Other Revenue 10 TOTAL REVENUES 11 12 TRANSFERS INILOANS 13 From PCDC ProjecLAreas 14 From City Housing In-Lieu Fund 15 TOTAL TRANSFERS IN 16 17 TOTAL CASH, REVENUES & TRANSFERS IN 18 EXPENDITURES 19 Homele=mess (Prevention, Shelter,Services) 20 P202305 Kental Assistance Program (PPSC) 21 Singles Shelter Program (COTS) 22 P202306 Mediation Assistance Program (PPSC) 23 P202101 Family Shelter PrograMMaint (COTS) 25 P202103 Homeless Shelter/Opportunity Center 28 P202102 Armory Facility Set Aside 29 Subtotal Homelessness 30 31 Transitional Housing 32 P202070 Transitional Housing r ram (JAkMt'I 33 P202100 Emmaus House (COTS) 34 P202106 Supporiive Shared Housing (COTS) 35 Subtotal Transitional Housing 36 37 Family Rental Projects 38 Old Elm Village (BH) 39 P202030 Boys & Girls Club 40 P201010 Low/Mod Existing Housing Support 41 P202200 CPSP Area Housing (EDEN) 42 Subtotal Family Rentals 2,105,155 1,247,711 1,275,593 475,399 .475,399 0 1,049,462 2,637,831 4,784,335 7,144,407 7,144,407 0 0 0 2,226,200 2,343;728' 117,528 2,473,805 2,611,102 2,756,018 2,908,977 13,093,629 149,274 117,725 73,472 0 15,000 15,000 41,900 104,841 191,364 285,854 638,960 0 2,805 5,370 1,950 _1,950 0 5,000 5,000 5,000 5,000 21,950 15,160 12,375 12,375 0 .12,350 12,350 12,350 12,350 12,350 12,350 61,750 51,751 11,417 29,963 258,000 -150,000 (108,000) 0 0 0 T50,000 102,469 3,823 0 20,000 .:.5,000 (15,000) 5,000 5,000 5,000 _ 5,000 25,000 318,654 148,145 121,180 2,506,150 2,528,028 21,878 2,538,056 2,738,293 2,969,732 3,217,181 13,991-,290 1,493,340 1,980,469 2,118,293 0 0 0 0 0 0 0 0 0 0 0 0 "-0 0 0 0 0 0 0 1,493,340 1,980,469 2,118,293 0 0 0 0 0 0 0 0 3,917,149 3,376,325 3,515,066 2,981,549-- ,, 3,003,427 21,878 3,587,518 5,376,124 7,754,067 10,361,588 21,135;697 25,000 21,333 0 0 0 0 0 0 0 0 0 52,137 0 0 0. 0 0 0 0 0 0 0 92,000 95,000 0 -0 0 0 0 0 0 0 0 244,166 228,374 0 0 0 0 0 0 0 0 0 161,514 291,216 0 0 0 0 0 0 0 0 0 20,078 27,676 0 0 0 0 0 0 0 0 0 594,895 663,599 0 0 0 0 0 0 0 0 0 69,854 66,949 0 .60,000 6Q,000'= 0 60,000 60,000 60,000 60,000 300,000 0 0 0 0 0'. 0 0 0 0 0 0 8,482 7,400 0 7,500 7,500 0 7,500 7,500 7,500 7,500 .37,500 78,336 74,349 0 67,500 67,500 0 67,500 67,500 67;500 67,500 337;500 0 27,823 40 0 0 0~ 0 0 0 0 0 0 0 100,000 0 0 0' 0 0 0 0 0 0 28,051 28,122 28;764 29,400 29,400 0 29,400 29,400 29,400 29,400 147,000 1,064,694 312,812 628,423 0 0~ 0 0 0 0 0 0 1,120,568 440,974 857,187 29,400 29;400" 0 29,400 29,400 29,400 29,400 147;000 City of Petaluma, California -Petaluma Community Development Commission Q1 O V O O CV O Z C O .j O Q) ~' U U 3/19/2004 9:33 AM PCDC Midyear Budget Final 3-9-04.XLS PCDC detail 9 LOW 8: MODERATE INCOME HOUSING FUND REVENUES 8 EXPENDITURES FY 2003.04 BUDGET 8 FIVE-YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA FY 00-01 FY 01-02 FY 02-03 FY 03-04 FY 03-04 Increase/ FY 04-OS FY OS-06 FY 06-07 FY 07-08 FY 2003-04 to Actual Actual Actual Budget Midyear (Decrease) Projected Projected Projected Projected FY 2007-08 Forecast SeniorlSpecial fJceiis Projects & Prograrte P202300 Casa Grande (PEP) 0 0 7,028 395,000 395,000 0 375,000 C 0 0 770,000 P202010 Mobile Home Rent Control 40 10,823 7,630 8,000 8,000 0 8,000 8,000 8,000 8,000 40,000 P202040 The Boulevard (Buckelew Programs) 0 0 - 250,000 250,000 0 0 0 0 0 250,000 Edith St (PEP) 27,449 0 - ~ 0 0 0 0 0 0 0 0 P202303 Senior Housing Rehab/Prop Acquisition.(PEP) 0 0 300,676 100,000 100,000 0 0 0 0 0 100,000 P202302 Lieb Douglas Street Senior Project (PEP) 55,401 308,976 149,903 0 300,000 300,000 0 0 0 0 300,000 Subtotal Senior Projects 82,890 319,799 465,237 753,000 1,053,000 300,000 383,000 8,000 8,000 8,000 1,460,000 HomeownershiplRehabilitation Programs P202011 Mortgage Certificate Program 0 0 0 :1;000 1,000 0 2,500 2,500 2,500 2,500 11,000 P202002 Facility Maintenance & Rehab 113,816 226,208 15,798 100,000 100,000 0 100,000 100,000 100,000 100,000 500,000 Below Market Rate Admin 0 16,967 0 0 <. 0 0 0 0 0 0 0 P202080 Vietnam Vetrans of CA: Rocca Drive Rehab 0 0 3,757 0 0 0 0 0 0 0 -0 P202060 °Rebuilding Together" Housing Rehab 60,429 47,496 0 0 n 0 0 0 0 0 0 Subtotal Homeownership/Rehabilitation 174,245 290,671 19,555 101,000 101,000 0 102,500 102,500 102,500 102,500 511,000 Commun ity Revit~ilization Progromc P20240U EuwooG opportunity Center - U51 Monnor 29,620 59,087 0 ' 250,000' 150,000 (100,000) 2,000 2,000 2,000 2,000 158,000 P202020 Neighborhood Revitalization/Old Easf Petaluma NA 18,157 90 3,250 0 150,000 150,000 0 0 0 0 150,000 Subtotal Community Revitalization 47,777 59.177 3,250 250,000. `.300,000 50,000 2,000 2,000 2,000 2,000 308,000 Administration/Programs F'2112uuu Intragovernmental charge 0 34,000 63,350 65,500 65;500 0 68,000 70,000 72,000 75,000 350;500 P202000 SB 2557 County Collection Fee 0 0 38,716 46,000 '.41,015 (4,985) 43,292 45,694 48,230 50,907 229,139 P202000 General Plan Administration 0 6,750 54,700 54;650 54,650 0 0 0 0 0 54,650 P202000 Housing Projects Management 145,125 147,576 156,961 ' 241,900 241,900 0 253,995 266,695 280,029 294,031 1-,336;650 Subtotal Administration 145,125 188,326 313,727 1408,050 403,065. (4,985) 365,287 382,389 400,260 419,938 1,970,939 TOTAL EXPENDITURES 2,243,836 2,036,895 1,658,956 :.1;608,950 1,953,965 345,015 949,687 591,789 609,660 629,338 4,734,439 TRANSFERS OUT/ LOAN TO CITY HOUSING FUND 31,336 0 1,511,200 ~ 0 0 0 0 0 0 0 0 CHANGES IN ASSETS 8 LIABILITIES 394,266 63,837 (130,489) 0 0 0 0 0 0 0 0 TOTAL EXPENDITURES, TRANSFERS 8 OTHER 2,669,438 2,100,732 3,039,667 - '...1,608,950. 1,953;965 345,015 949,687 591,789 609;660 629,338 4,734;439 ENDING CASH BALANCE 1,247,711 1,275,593 475,399 .1;372,599 1;049,462;, (323,137) 2,637,831 4,784,335 7,144,407 9,732;250 16;401;259 Estimated Available Cash in Housing In-Lieu Fund 3,984,610 5,486,886 2,725,298 3,536,186 1,485,500 (2,050,686) 1,500,000 1,850,000 2,200,000 2,550,000 2;550,000 City of Petaluma, California -Petaluma Community Development Commission. f\ N V O O O CV O Z C O .? O 0) tY U t~ U 3/19/2004 9:33 AM PCDC Midyear Budget Final 3-9-04.XLSPCDC detail 10 FUNDS 4510,4610,4620,4630,4640,4650 DEBT SERVICE FUND REVENUES 8 EXPENDITURES FY 2003-04 BUDGET 8 FIVE-YEAR FORECAST N i3 REVENUES AND EXPENDITURES BY PROJECT AREA FY 00-01 FY 01-02 FY 02-03 ' 'FY 03`04 fY'03`04 - Increase/ FY 04-OS FY OS-06 FY 06-07 FY 07-08 FY 2003-04 to Actual Actual Actual Budyet Midyear (Decrease) Projected Projected Projected Projected FY 2007-08 Forecast DEBT SERVICE FUNDS BEGINNING CASH, REVENUES AND TRANSFERS IN 1 Beginning Cash Balance 2 Other Revenues 3 Transfers in from Other Funds 4 5 TOTAL CASH, REVENUES AND TRANSFERS IN 6 '7 EXPENDITURES, TRANSFERS OUT 8 RESERVES 8 9 Debt Service Payments 10 Transfers Out to Other Funds 11 Defease 1984 TABS 14 TOTAL EXPENDITURES, TRANFERS OUT & RESERVES CHANGES IN ASSETS & LIABILITIES ENDING CASH BALANCE 1,026,348 1,449,034 880,785 163,619 163,619 0 164,722 165,841 166,987 169,561 169,561 111,228 30,027 21,647 20,000 4,103 (15,897) 4,118 4,146 4,175 4,239 20,781 2,992,412 2,395,400 2,269,900 3,785,550 3,170,486 (615,064) 3,068,005 3,075,805 3,669,105 4,820,730 17;804,131 4,129,988 3,874,461 3,172,332 3,969,169 3,338,208 (630,961) 3,236,846 3,245,792 3,840,266 4,994,530 17,994,473 1,839,252 2,993,676 3,00(3,541 3;788,550 3,173,486 (615,064) 3,071,005 3,078,805 3,670,705 4,824,230 17,898;231 437,194 0 0 0 D 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,276,446 2,993,676 3,008,541 3 788 550 3;173 486 (615,064) 3,071,005 3,078,805 3,670,705 4,824,230 17,818,231 (404,508) 0 172 0 0 0 0 0 0 0 0 1,449,034 880,785 163,619 t80,6a5 `164,722:. (15,897) 165,841 166,987 169,561 170,300 176,242 City of Petaluma, California -Petaluma Community Development Commission V O V O O (V O Z C O O N U 0 U 3/19/2004 9:33 AM PCDC Midyear Budget Final 3-9-04.XLS PCDC detail 11 DEBT SERVICE FUND REVENUES & EXPENDITURES FY 2003-04 BUDGET & FIVE-YEAR FORECAST REVENUES AND EXPENDITURES BY PROJECT AREA DEBT SERVICE 15 BEGINNING CASH BALANCE 16 17 REVENUES AND TRANSFERS IN 18 Interest Earnings 19 Other Revenue 20 New 20006 TAB Proceeds 21 New 20036 TAB Proceeds 22 TOTAL REVENUES 23 24 TRANSFERS IN 25 26 TOTAL CASH, REVENUES AND TRANSFERS IN 27 28 EXPENDITURES AND TRANSFERS OUT 29 30 P201000 Audit Fees 31 1992A Tax Allocation Bonds 32 4620 2001A Tax Allocation Bonds 33 4650 AD #19 Auto Plaza (Public Imp.) 34 4640 Auto Plaza Note (Benson Land Repay) 35 4610 2000A Tax Allocation Bonds (PCD) 36 4510 2000B Tax Allocation Bonds (CBD) 37 4630 2004A Tax Allocation Bonds (PCD) 2007A Tax Allocation Bonds (PCD) 38 0000 2006A Tax.Allocation Bonds (CBD) 39 New TAB Cost of Issuance 40 TOTAL EXPENDITURES 41 42 TRANSFERS OUT 43 44 45 TOTAL EXPENDITURES AND TRANSFERS OUT 46 47 Changes in Assets 8 Liabilities 48 49 ENDING CASH BALANCE 50 51 RESERVED FUNDS 52 For 1984 Bond 53 For 20006 TAB 55 For Other TAB's 56 57 FY 00-01 FY 01-02 FY 02-03 ~,FY 03-04 FY'03`-04 Increase/ FY 04-05 FY OS-06 FY 06-07 FY 07-08 FY 2003-04 to Actual Actual Actual Budget Midyear (Decrease) Projected Projected Projected Projected FY 2007-OB „ Forecast _ 1,026,348 1,449,034 880,785 _ F163,619 163,619. 0 164,722 165,841 166,987 169,561 169,561 10,518 30,027 21,647 20,000 4,103 (15;897) 4,118 4,146 4,175 4,239 20,781 4,209 0 0 - 0 0 0 0 0 0 b 0 96,501 0 0 ' 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 111,228 30,027 21,647 20,000 4,103 (15,897) 4,118 4,146 4,175 4,239 20,781 2,992,412 2,395,400 2,269,900 ..3,785,550 3,170,486 (615,064) 3,068,005 3,075,805 3,669,105 4,820,730 17,804,131 4,129,988 3,874,461 3,172,332 3,969,169 - 3,338,208 (630,961) 3,236,846 3,245,792 3,840,266 4,994,530 17,994,473 0 0 0 13,000 3,000 0 3,000 3,000 3,000 3,000 15,000 425,006 0 0 0 0 0 0 0 0 0 0 0 361,975 406,488 403,900 403,900 0 404,800 400,400 405,500 405,500 2,020,100 119,175 121,337 114,079 120,000 120,000 0 123,000 122,000 122,000 122,000 609,000 0 1;350,223 1,239,866 .852,250 852,250 0 225,000 237,500 0 0 1,314,750 1,136,282 1,113,518 1,118,121 -1,110;400. 1,110,400 0 1,104,200 1,107,900 1,101,200 1,104,400 5,528,100 18,594 46,623 129,987 139,000 '139,000 0 139,000 136,000 137,000 137,000 688,000 0 0 0 1,160,000 544,936 (615,064) 1,072,005 1,072,005 1,502,005 1,492,330 5,683,281 0 0 0 0 0 0 0 0 0 1,160,000 1,160,000 0 0 0 0 0 0 0 0 400,000 400,000 800,000 140,195 0 0 o 0, 0 0 0 0 0 0 1,839,252 2,993,676 3,008,541 3,768,550 3,173;486c (615,064) 3,071,005 3,078,805 3,670,705 4,824,230 17,818;231 437,194 0 0 0 0 0 0 0 0 0 0 2,276,446 2,993,676 3,008,541 -. 3,788;550 3,173,486 (615,064) 3,071,005 3,078,805 3,670,705 4,824,230 17,818,231 (404,508) 0 172 ~- '0 0 0 0 0 0 0 0 1,449,034 880,785 163,619 - ~ 180,679 164,722 (15,897) 165,841 166,987 169,561 170,300 176;242 0 0 0 0 .. 0 0 0 0 0 0 0 0 0 0 0' ~- - 0 0 0 0 0 0 0 1,449,034 880,785 163 619 .180,619. ; x164,722. (15,897) 165,841 166,987 169,561 170,300 170,300 City of Petaluma, California -Petaluma Community Development Commission 0) V O V O O (V O Z C O .j O 0) tL' U U it 3/19/2004 9:33 AM PCDC Midyear Budget Final 3-9-04.XLS PCDC detail 12